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iwtmrtn***«
*"■"
iww
3oa ADM
library
Reg. U. S. Pat. Office
Volume 166
Number 4659
New
York, N. Y., Monday, December 29, 1947
Price 75 Cents
Copy
a
General Corporation and Investment
News
RAILROAD
American
Insurance
Co.,
PUBLIC UTILITY
-
First' Boston i Corp. announced Dec. 23
662,504 shares of capital stock^(par $2.50)
offered by the
company to stockholders of record Dec. 8
at $13 per
share, 602,392 shares or 90.93% were sub¬
scribed to by the
stockholders, leaving a balance of
60,112 shares to be taken up by the underwriters. The
of
INSURANCE
-
Newark, N. J.—Stock Sub¬
scription—The
that
INDUSTRIAL
-
to
Arizona Edison Co.; Inc.—Earnings-
the
Period End.
Operating
Sept. 30—
$783,068
Oper. exps. & taxes—;
V
$688,212
606,074
706,628
the
period which
pired at 3
:
Dec.
p.m.,
22 have
been
sold
writers at $15 per share.—V.
166, p.
*
>;
*■
•
.
i
oper.-
Other
revenue..—.
$76,440
V ,6,817
income
American Machine &
Metals,
rXYiy^r'.'
(Not lnc*UJ,.ng
'
Period End.
Net
Sept. 30— *
C:u
*
>•'«
-
*V
J
'
$87,424
surplus
Dividends paid
37,480
*
$9,790 091
161,069
" $56,881
825,490
132,907
$929,744
30,000
vJ\- V-.
,
Surplus end of period— ;V
166, p. 754.
,,,
$904,276
*
,
■
'
of
Period End.
Sales—
Operating
Operating
Manufacturing
M.ning
y
v
Gross Profit from Sales-
taxes
Net
Sept.3C—V
'
-
>
3
*
•
$695,814
and
$904,276
oper;
y: v1
v,
f,■
/,st
,
.i >
"
b
and
arim.n.
Net
—V.
$2,610,991
'
2,283,786
*
■,
Other
and
;
for
for
profit
de¬
1947—9 Mos.—1946
10,212,718
1,102,197
2,088,919
resale-
of
taxes
$133,137
$351,488
Cork
filed
shares
which
Co.—Registers With
Dec.
of
will
19
a
with
the
proposed
be
SEC
new
convertible
a
registration
series
into
Net
SEC—
of
present
plans
effective,
are
to
.offer
the
New York Stock Exchange
New York Stock Exchange
New
hew
share*
12
2,872,960
2,305,602
876,635
2,874,680.
1,790,884'
V
395,322
2,172,923
•
1,572,856
$7,572,217
$8,110,596
bu.Ool
l.p.bod
$6,308,941
$7,770,783
for
the
York
lo7,842
com¬
30—
in
-
Exchange—
Archer-Daniels-Midland
Sept. 30—
1047'
NOT
(&
Subs.)—Earnings
1946 ;% ,:
f
$4,110,756
STATED ■{
-
1
1945
-
1.600.000.
jg
$2,726,361
$2 36
•
i .9.10 nnn
.
1
nr
Shares outstanding
Earns, per share
^
MUNICIPAL
J.
&
Compan y
Established
STREET
2-2600
1922
NEW YORK
Bell
4,
Teletvve-
NY
1-573
of
deductions
2,873,896
returns,
former
1946,
are
under
longer
no
parents.—V.
166,
of
interest
indirect
Chapter
X
available
in
1350.
p.
Rehearing?—*
Inc., and: the. Atchison, Topeka &
Santa Fe Ry,
joint petition for a rehearing and
reconsidera¬
carrier
the
$261,383
for
and
direct
a
a
order
operator
letter
Section
of
of Dec. 5.
1947, denying
letter of registration under
regulations.
Santa Fe Skyway,
since Aug.
1, 1946, had peti¬
by
economic
airfreight
for
Beard's
authority
Board's
reg.scrat.ou
as
a
no..-certificated
292.5.
Mclnnis, V ce-President
his retirement, to be
by
Jonathan
C.
and
General 1 Coupsel, on
pec. 22
1, 1948.-. He will be
Chicago, and R. S. Outlaw will
position, according to Fred G. Gurley,
effective. Jan.
Gibson,
2306.
p.
General
Attorney
Solicitor
for
the
and
Mr.
Outlaw
railway.—V.
166,
:
Atlanta Gas Light
12 Months Ended
...
\
.Operating
Co.—Earnings—
Sept. 30—
1947
revenues
Operating revenue deductions
Federal income and excess
profits
10 923,931
053,016
412,988
759,280
355,594
$1,610,957
taxes
9,875,188
$1,493,918
-
.
Utility operating Income.
"Other
income
Gross
472,341
.
■
283,318
income
Income deductions
.....
\ Net income
Annual dividend requirements
Hi
.
"Includes
Federal
consolidated
—V.
1948
$13,900,892 $12,483,980
Retirement reserve accruals
166,
p.
1990.
tax
on
savings
preferred stock
from
filing of
returns
■
;
Tn^estment News.-Coxro''
51
St. Louis Listed and Unlisted Securities
43
11
;
.41
Edward D. Jones
41
Statement of Member Banks of.
Federal Reserve System
...—45
Auction Sales
——
V.Established
Condition
N. Y.
$3,128,679
$532,673,
consolidated
January,
such
into
Combined Condition Statement of Federal
t
of
Aeronautics
in May. 1947
carrier under
E.
■
Redemption Calls and Sinking Fund Notes—45
<Ub<-
which
in
Mr. Gibson's former
Fresident.
Mr.
Gibson
has been
has held the position of General
Transactions New York Stock Exchange.
-Reserve Banks
qAllen
a
move
The Course of Bank Clearings
f
filed
common
succeeded
.
DEPARTMENT
in
securities
on
announced
...—:
Dividends Declared and Payable
Foreiern Exchange Rates
in
130,235
.
Personnel Changes—
V E.
State and City Bond Offerings
Municipal Bonds
19
Civil
contract
...
Current Week (Dec. 26)....
Previous Week (Dec. 19)
Over-the-Counter Markets.
^
1946
$3,258,914
taxes
v
Exchange—Curb Section-
General Cornorftion
FLORIDA & iMi\V
JERSEY
1947
$3,301,960
2,769,287
income
Act)
Skyway,
292.5
tioned
Miscellaneous Features
SPECIALIST IN
the
Inc.,
.
"After depreciation.
of
cargo
Transactions New York Curb Exchange.
Stock.and Bond Averages——j—.
•
ONLY)
,
210,743
reorganization
Dec.
on
temporary
Current Week (Dec. 26).——.'—
? • Previous Week (Dec. 19)
Toronto Stock
Co.
the
Section
.
2554.
$1,206,958
,
(reorganized
—
Exchange
Montreal Curb Exchange
Toronto Stock
$2,005,384
$3,512,703
charges
Bankruptcy
of
Santa Fe
Detroit Stock Exchange————J
operating income
charges___.__
3,004,131
$982,443
income
Federal
companies
the
Co.
$4,211,089
•
2,980,030
Atchison Topeka & Santa Fe
Ry.—Seeks
Cincinnati Stock Exchange
Cleveland Stock Exchange:—
after
$4,985,414
income
amortization
view
4,057,349
'
income
from
.
.
2,240,366
$1,429,226
Total deductions
tion
San Francisco: Stock Exchange
Montreal Stock Exchanged.—
$3,222,810
-:
income
Gross
subacriptiun
(Bonds)
Philadelphia Stock Exchange.
Pittsburgh Stock Exchange
St. Louis Stock Exchange
'I
2,785,369
.
2,207,213
$3,268,433
" "
3,086,131
Total expenses and' taxes
Curb
Los Angeles Stock
vAAV-V
>.
de-
Months Ended Sept.
Total
(Stocks)
Exchange
Baltimore Stock Exchange
Boston Stock Exchange...Chicago Stock Exchange
HAnover
2,927,812
STATEMENT OF INCOME'(COMPANY
pre¬
stock
ions
Trfenhnne
1,231,475
$6,219,940
$5,638,340
income
parent
SO BROAD
11,127,304
1,452,176
2,ojy,74d
1,203,695
$3,636,439
statement
cumulative
common
of
;
13,565,298
-
;118,136
-
"Resulting from the deductions
Net: profit
working
1947—12 Mos.—1946
.,.313,875
1,466,500 V
subsids.Y
2,001,900
Exps., taxes & inc.
ductions company
$410,154
and
3 Mos. End.
for
the
2,177,258
$5,520,204
—
Balance? of income'
•Net income bef. taxe3_l
Income and excess
prof.}
taxes
—.....—— I
and
925,142
1,701,107
YV
.j.„u.>-1,377,093
Balance
$91,204 >
,
"Reduction
p.
in
construc¬
to
8,315,794
,
income__i.income (net )-,>_.
Net
166,
funds
the
*
plant
companies
_V
88,179
stock
pany's
—V.
for
additions
$25,530,095 $22,323,310 $33,759,451
$29,789,039
than
deprec.
Grdss income
Iftc:" deducs.v of
I_—
prior to
1,
1958.
The offering
price, dividend rate, conversion rights
and redemption
provisions have not been determined.
Subject to the registration statement
becoming
Other deductions
Net
has
The
underwrite
,
Operating
other
company
ferred
Net
and
to
capital
available
2,104,575
Other
Jan.
income
,
taxes
(net)
income-
Armstrong
covering
Federal
firms
additional
funds
equip.
2,256,381Amortiz. of plant a'cqui. V ",
;
adjusts. '
——iv:
657,477
Fed.
income
taxes.____;
2,315,100
-
income.
income
The
'
income
Total
purch.
prop.,
166, p. 20-4,
exps.
Opcrat'ng profit
Other
investment
preferred
company
Co.,
—
_w-~
&
&
—
Gross
Interest
t,
advertising
expenses
Peabody
raise
to
have
may
revenues
"
ductions
Selling
new
The
-
Ma.iula;turing V.*-.;:
V; M.ning
General
is
issue
Maintenance
Provision
i
$2,727,622
542,445
oper.
Elec.
1947—12 Mos—1946
$697,736
594,553
OtherV income
of
2306.
p.
exps. (other
shown below)
$852,217
'
....
group
of
held.
facilities and
166,
Oper.
i)rl04,614
".V",
1947—3 Mos.—1943
revenues.
expenses
share
one
stock
'■
the
company
,
142.317
Arkansas-Missouri Power
Co.—Earnings—
Cost
of
Kidder,
(Including Domestic Subsidiaries but excluding.
operations of
;
"
Philippine subsidiaries) 1 v: ;:
Total
,
'J,"1**
of
the
Period End. Sept. 30—
$889,921
23,147
V
:
,
$852,217
**—V.
'
;■
A
670;143
,
$1,047,423
120,000
30,000
.i.-.y',„
$219,778
852,217
153
Sundry adjusts.; (net)--,
basis
common
Co.,
Associated Electric
Co.—Earnings—
$195,206
-
.
$882,370
J0r4,531
■
-
of
offering.
purpose
that
capital.—V.
,
Total
1947—9 Mos.—1946
$4,105 239 $11,017,733
61,816
$49,091 :
880,653
">
the
on
shares
30,543
'
Balance
16
tion and
equipment of plants and facilities, for
improvement and rehabilitation of plants and
5,286
34,167.
stockholders
each
proposed
order
$82,138
$83,257"
Surplus begin. Of period
-r.
subs.iuaj.jjj A V V V( ; V
1947—3 Mos.—1946
.'
'
Inc.—Earnings—
oa-es
Manufacturing$2,981,573
■
v
•/'v'.
Sales—
Mining
.
v
i Gross income
Deductions
by the under-*
2410t
.1
v
^
ex¬
for
The
Net
net
balance of 46,809 shares
remaining after adjustment
for shares sold
during the subscription
common
stock
requested Smith, Barney &
First Boston Corp. to form a
1947—3 Mos.—1946
-—1
revenue
MISCELLANEOUS
-
--45
...
300 North 4th
"*
'
"
.
New York Stock
Exchange
St. Louis Stock Exchange
Chicago Stock Exch.
Chicago Bd. of Trade
.
Co.
St., St. Louis 2, Missouri
Members
.
&
1871
New York Curb
Exchange Associate
Phon*
-
CEntra]
Bell
7600
Teletype
SL
593
(2658)
2
Ended Oct. 31—r.
before depreciation---------
Six Months
loss
Net
Net
loss
*
■
profit.—V. 1-60, p.
Net
tax
—V.
p.
$640,898
-527,118
527,118
$1.21
$0.38
$1.68
Boeing Airplane
"
Federal taxes.—V. 166, p.
charges and
♦After
1
'
t
1*'- ' '• •'">
''
'■ "u
''
,'j
'/-v4
•t
487 84T
498 264
s>z.«tu
1251.
S. Supreme Court
halt execution of
U
The
to
stVr
"X
has declined' to review a
the financial readjustment
bondholder's
Mr
V.
Period Ended Sept.
30,1,94I7<—
—
-
administrative expenses—
and
general
profit
.
discount and-other income
Operating
Purchase
expense
Provision for
-——
—
—
-
per
outstanding
shares
Earnings
share-.—:
—
—.—
—
and amort, in the
'
"After deprec.
610,123
273,452
$700,000
200,000
■
100,000
The company states that the proceeds from the sale off the bonds
will be used to
finance the company's construction program.—V.
Mutual Benefit Life Insurance Co
PensionyTrusfc
--.t--"------.--.---.-.-.*--*-----Shell Provident Fund
—
Shell.
166, p. 2554.
Corp.—New Division Created—
corporation's divisional structure to intensify
Ingersoll Utility Unit is in progress,
a new division is in the. hands of
Roy C.
Ingersoll, Vice-President of' Borg-Warner and President of
Ingersoll Steel Division.
He will be President of the new Ingersoll
Utility Unit division which will constitute the fifth Ingersoll managed
this
Borg-Warner group.
The newly created
division will be fully implemented to carry on
manufacturing,
sales and service operations for Ingersoll-controlled
products classified as consumer, goods while the parent division
retain its extensive contract manufacturing business which has caused
its expansion in the last two years far beyond its ^wartime
according, to the announcement.
Direct management will be in the hands of Robert S. Ingersoll, a
Vice-President of Ingersoll Steel, who is adding the title of Executive
Vice-President of the Ingersoll Utility Unit division.
The. Ingersoll Utility Unit division has leased a
six-story loop
building, at 321- Plymouth Court, Chicago, 111., where it will consoli¬
date management, sales and engineering functions now conducted at
310 South Michigan Ave. and 306 South Wabash Ave., Chicago, and
Kalamazoo,
Mich., and Evansville, Ind.
The change is scheduled to be effective Jan. 5.
The new division will start
with substantial backlog of orders for
1948,, the corporation added.—V. 166. p. 2207. •
will
peak;
•
166, p. 2307.
.
■
1947
sales—
$3:965,263
Sell., gen. & adm. exps.1
552,144 \
Interest paid
on
211,845
181,081
$3,201,274
$1,469,654
..,.56,553
146,702
145,783
268,976
275,013
and
Int.
Profit
bef.
Provision
'
on
Fed.
for Fed.
income
taxes
$3,243,110
$1,527,183
33,734
_
Metal
(gross)
charges
product.,
Profit
lor
the
new
shortened
675,000
1,400,000;
$1,913,110
,..450,000
$4.25
$927,183
300,000
: $3.09
$609,918
'300.000
$2.03
$721,753'''
period
renegotiation of war contracts.
: • 300,000;
$2.46;:
facilities has been computed
1945.
JAfter provision
- i
ending Sept. 30,
2555.
p.
•)
1.801,803
1,649,110
$973,015
$4,108,952
$3,690,588
'
'?•
Co.—Eariiings1947
1946
$4,815,268
3)459,167
$4,261,589
3,071,935
447.507
386,247
149,025
144,469
1*50,000
125,000
reserve
•
adjust.
$533,938
$609,569;
income
137,638
(netp—_.
131,656
;
-V.
94,389
197,119
$652,819
$468,475
34,650
income
166,
40,519
from filing of
Corp*—To Pay $1 Extra
Dividend—
of
dividend
extra
declared a dividend of 25 cents per
$1 per share on the common stock,
recently
directors
an
'
'
755.
p.
Central National
The
and
$665,594
deductions-
"Includes Federal t--»x savings
consolidated returns
payable Dec. 19, 1947, to holders of record Dec. 17, 1947.
,An initial distribution of 25 cants per share was made on
on
May 9, last, which was followed by similar payments on
and Nov. 6.—V. 166, p. 18F3.
^
July 23
f.
Received for
Light Co,—No Bids
&
Power
Central
Preferred Stock—
sale of 40,000 shares ($100 par)
offered at competitive bidding.
12 MONTHS ENDED SEPT. 30
1947—3 Mos.—1946
1947—12 Mos.—1946
received Dec. 15 for the
No bids were
which were
stock
preferred
FOR
EARNINGS
AND
3
Period End. Sept. 30—
Operating
Oper.
revenues
Net
income
oper.
$4,254,939 $17,030,809 $16,336,492
12,680,106 12.374,168
3,173,454
$4,743,412
3,462,640
—
& taxes
expenses
Other
1,633
$1,081,484
$1,282,406
6,431
$4,355,051
$3,968,755
'4;
281,279
———'
$3,962,325
4,348
f
de¬
other
and
ductions
$4,350,703
1,264
$1,082,749
$1,280,772
(net)
income
Interest
p.
lf.098,420
1,092,802.
254,488
$2,870,336
$3,262,248
$828,261
$1,001,127
166,
—V.
2555.
Electric Cok—Earnings—
FOR THE 9 MONTHS ENDED SEPT. 30, 1947
Century
EARNINGS
Net sales ,'.*.-
Selling,
$18,097,169.
10.977,535
1,149,34
——
—
-
products sold
general and administrative
of
Cost
expenses
$3,970,285
42,151
Operating profit
Other
Placed
income
income
Total
Other
deductions
Depreciation
Prevision
r~---
———-—-—
inventory reserve-;
Provls'pi for
used in connection with, cur¬
taxes on income
for
—
II
(est.)—
$4,012,436
83,679
1 > .470,906
; 200,000
■' 1,331,000
$1,926,851
Mines, Ltd.- -Earnings-
Net profitCapital shares-
1946
81,415
77,278
73,168
$333,915
$332,793
2,523
3,203
Provision
■
4)050'
Earnings
$290,444
251,982
10,206.
6)528;
ASSETS;—
$322,871
$328,744
$330:712
253,318
28,250
Inventories
18,050
$54,152
$68,664
$59,456
period
8,728
9;917
.5,431
12,332
•
allowance
NOTE—No
figures:—V*.
186;
pr.
has been made
for
depreciation
in the
-(.including Domestic
above
;
Subsidiary Companies-)
—3Mos.— —-—Nine Months*
;1947
u
:
$
Gross
less
sales,
returns
discounts,
4
and.' allowances
:
Cost of goods, sold
Depreciation
...
genera! and admin, exps.—
Net
operating profit.
Other income.—^-4:44')
128',715,598
29,231,794
85,130,099
5,367,599
1,789,334
9;505,350
3,272,525
43,926,584
276,807
28,711,550
•
762,847'
'
99,064,128
65,792,486;
4,442,789?
8,315,066)
'.
9,632,931
.
•(
ii
Total income
Amort,
on
of
debentures
debt
...
discount,
prem.
mm*
20,513,787)
616,246
Total
expense-
—
taxes on
income.4—
159,443
11",254,00p
income—5,593,124
Common shares outstdg.i—
ommon
outstdg.—.
5,514,107
5.514.107
Earnings per common share—
$0.87
Reserve
V.
166,
p.
2416.
5.514.107
5,514,107
$2.60
fcr
159,52(11.
.
$800,000
577,692
249,782
—
96,422
75,343
1
$10:856,92
$1,000,000
.
215,024
10,108
'
•
81,000
63,502
187,855
—378,600
Comp. claims & exps.
income, year 1947—11_
($10? par)——
Workmen's
for taxes on
capital
stock
200,000
31,298
1,331,000
4,996,550
8497,^c^..Erarncd.t?yrplus^*_-„*—*_***^:i:3;324,574^^
393,236
■
->
>-
1
■'■■■
11,573—•
,45,514,107
' •"'
r .
Total
$1.68
-V.
166, pi 947.
•
173,489
3,836,497
1,250,000
payable——
Reserve
-
16,626.57^
-
Payroll and' withholding taxes.•————:;
•_
Employees* accounts, war bond purchases
Contribution to profit sharing trust-*Accrued interest
Federal and state taxes on income—:
—
Current maturity of long-term notes payable—
-
Net
-
$14,090;221
Inventory reserve
•>:
V 54,479
3,784,000
3,437
1,996,313
3,523,707
166,825
——-
————
——
Long-term notes-
29,474(397. 21,130,033
900,000
1,434,375
and
'
Prov. for Fed.
9,909,738
478,125
800,000
4,354,561
—
current .assets.
LIABILITIES^—
-Notes payable' to bank-__
Trade and .other accounts payable;
Salaries, wages and bonuses payable—
1946
1947
j
'46
$352,712
receivable,, deposits, advances, and;
sundry accounts
.t.
:
80,420
Property, plants and equipment (at cost), net
4,858,517
Inventories of supplies and prepaid expenses*108) 593;
Patents, trademarks and good? will.—1
.
.
—.
——
o£ America—Ear nings—
-
Period Ended Sept. 30r—
at cost-———
Dec. 31,
$565,635
1,435,625;
; • - 6,725 'J
2,513,319.
Accounts
851'.
Celaaiese: Corporation.
$3.86
'
—
663
v-
expenditures—
Capital
—
(net)
Other
•
Government obligations
"■Accrued; interest
Receivables
$26,257.
for taxes
Sept. 30, '47
—
7,704
;
'
SHEET
,
r
22,495
8;142
)
U. S.
233,217
223J688
,
'
499,655
—~
COMPARATIVE BALANCE
4,122
,
share.—
per
Cash;
costs
Oper. profit for
————————
outstanding_i*.'-iww--_*.v-*l---l.l.i.--.----.---«-.-~
$326,993
and gen. exps.
Admin,
c
1944
3947
!:
share
bqjh
this issue
Foundry Co.—New :Pipe
of Florida), Inc.—Loan
$747,207
Debenture notes
600,000
tProvision for amortization of emergency
on
424,70!)
$1,031,339'
income
Gross
$292)968
_
_
Operating
interest
<'
$5,339,697
417,487'
income
Income
1945
milled
Marketing
$2,121,753
1,320,000
profit
Capital shares., outstdg..
Earnings per. share—
$5,910,754
de-
—.
UtiTty operating
"Other
79,807
Quarters;End. Sept. 30—
Tons ore
.
Net
$552,326
,
623,302~ $1.58 ; ; - $0.74.
$T,T83,069
623,302
■
taxes
(est.)
36,441
$1,402,71'G
$1',448;826
accruals...*
Amortization of utility plant acquisition
'
f.
Canadian Malartic Gold
$2,057,808
33,844
30,102
$1,284,918
70,326
rent expansion program.
•-
$1,220,830
30,354
166,
$j,303,258
$5,840,429
.
-i
Retirement
l'"
.
4% loan;, Proceeds will be
Selling,
purchases.36,718
' 35,174
misc. income— '•
5,118 I:#-) 22,355
on
.
t'
Canada Dry Bottling Co-,
1946
1945
1944
$2,11T,854- £$2,054,902 t$3,000,973
461,119
418;395
465,815 ;
:
profit
Gross
Discount
255,793
Cr35i.l28',
Privately—The, cojrnpany has placed privately witb the
Prudential Insurance Co. of America a? $850,000 lO'-year
Bearing Co.—Earnings—
Sept. 30^-
Depreciation
tArnortization
554,456
Jan.
beginning
.
profit
'(
Cr97t>.357(
•;
Co.—Earnings-^
Service
12^ Months Ended Sept, 30^—
:
*■
■Operating. ;;revenues '.;i44-44-L—i4
Operating revenue deductions.
_i
Federal income and excess profits taxes——._.
ladles, heat (treating processes and gas engines.
Sun Oil Company will compress the' casinghead recovered from the
oil wells and deliver it at 300 pound pressure in the Campbell, Wyant
and
Cannon
line; at Newaygo.
The casinghead gas had heretofore
been blowing off into the air and Was used, only for the operations;of Sun Oil' Company in developing the oil field.
It is estimated that
3,000,000,000 cu. ft. of casinghead gas having a heating value of
1500 B.T.U. peir cubic* foot. will, be recovered.'
Continental'Motors Corp. has-a one-sixth interest in the Campbell,
Wyant and- Cannon pipe line and will receive approximately 100,000,000
cmt ft. of gas. a. year, from the Newaygo field.
The construction
work on the pipe line was started in September
last and despite difficulties in obtaining materials was completed in
approximately two months;:—V. 166, p. 1991.
division in the
9 Mos. End.
••'$36,033
T, 1948, industrial users of' natural gas in the
Muskegon area would be limited to 20,000,000 cubic feet per year
until completion of Michigan Consolidated's proposed
new pipe line
from Texas- and Oklahoma.
Campbell, Wyant and Cannon has been
using an estimated 750.000.000 cu. ft. of gas annually with a heating
value of 1000 B.T.U. per cubic foot, principally for core ovens, drying
that
Borg-Warner
manufacturing and selling, of the
it is announced.
Organization of
Gross
- •.
Line Ready—
~
I. A. Wyant, President, on- Dec. 23 announced that the . company's
new
six-inch 30 mile pipe line which will deliver, casinghead gas to
its plants
at Muskegon, Mich., would be placed in operation, around
Dec.
24.
The line, built for the company by Anderson Bros., Inc.,
of
Houston,
Texas, afe a cost of approximately $300,000» taps the
Kimball Lake oil field in Garfield' Township, Newaygo' County,. Mich.
The casinghead gas will be supplied
by the Sun Oil Co. which is
developing an extensive oil field in- the Newaygo, area.
The purchase
contract provides that any excess supply may be sold by Campbell,
Wyant and Cannon to the local uitlity in Muskegon;
• .
Construction of the line was undertaken by Campbell, Wyant and
Cannon after Michigan Consolidated Gas Co. gave notice last summer
principal amount.
Bower Roller
$1,697,478
Central' Indiana Gas
•
■
757; 225
—
•
:
—V.
3,505,112'
'"61,507
-
Campbell; Wyabt & Cannon
The
■
502.684
income-
■
Co.—Bond Sale Approved—The.
SEC on Dee. 16 approved company's proposal to issue
and sell at private sale under its present mortgage, dated ■
Aug. 1, 1944, as supplemented Nov. 1, 1947, $1,000,000
first mortgage bonds, 3 Vs % series, due 1977. The bonds
are to be sold to the investors named below at 99.517105%
:
net
501,606
$2,208,106
11,254,178
$2:484,485
—
shares outstanding,;.-
29.—V.
-Dec.
Birmingham Electric
of
$14?;795,373.
15,894,818.
expense—:—
4,158,100
year's adjustments,——
41,800
$132,510
$1,428,254$1,396,414
20,572.
6,301
.——
income
Net
Net
$2,115,089 $7,127,044
1,046,390 1,046,390
.
$2.02
$6.81
amount of
Cr83
.
$2,199^035
501)607
30-4
other
and
ductions
.
Brooklyn Union Gas Co.—Omits Dividend—.
directors' on Dec. 22 decided td take nonaction on .the- pay merit)
of a dividend at this time. At their meeting in September, consideration
of the dividend ordinarily payable about Nov.
1 was deferred until
later in the year. Distrib"tions of 40 cents epc^ were made on Fob.
T, May 1 and Aug. l, 1947; and in each quarter during.. 1946. :
Clifford E. Paige, President, said that insufficient relief hadt been'
afforded by rate increases granted to the company by the New York
Public Service Commission. Further increases have been applied for;
and a hearing on that matter will be held before the Commission on
period tp
Expansion
1946
nvecstated due to the fact that war facili't'es,
fully amortized for income tax purposes, are st'lb in use, on which
normal depreciation, not included as an expense above, would amount
to $76,532 for the nine months ended Sept. 30,
1947 and $80,639 lor
the nine, months, ended Sept.. 30, 1946.—V.. 166, p. 1351.
net profit- for the three months ended Sept. 30,
a
sum
of $270,000 has been transferred to reserve for contingency,
bringing the total of this reserve for the nine month
$1,150,000,—V. 168, p. 2306.
of
$2,7.03,712
NOTE—Income may be
NOTE—From- the
,
$174,310
60,261
,
.
41,800
income..
(net)—
income
Interest
*
,,
Earnings per: common share
$3,601,046 $12,310,298
14,957
58,254
1,471,000 5,131,000.
Federal income taxes——_—
Common
.
income1 on
Common
$3,488,568 $12,035,313
114,480 ^ 280,985
*———
profit
•Net
3 Months 9 Months
$21,252,994 $59,707,078.
15,330,859 .4 5,945,813
41,725,952
2435,568
income
Total
interest
15,835,364
11,366,894
Inc—Earnings—
Appliances,
sales--—III——
of
Selling,
15,385,435
11,138,496
1,614?942
1,156(646'
•
sales
3,801
$131,475
oper.
Gross
The
1,174,748
Bendix Home
Cost
80,360,120
10,728,543
2306.
—V. 166, p.
•Net
89,196,938
10,391,930
8,686,505
1,020,330
1,580,440.
charges
after
106,924,032
1,076,012
taxes
operating- income
Net
-
12,409?531
9,753,079
107,049,103
123,071
11,321,777 114.974,303
'28,835.
Operating revenues;—
Operating expenses
'
Operating
11,336(549 113,188,695
14,772
214,392
12 438,366
—
rev.-
oper.
9,169
764.
Cr35
stock
pfd.
on
income
Other
'
-
$•
$
I***-,*
operations. i
,
:
Other expense, (less, other, income)
Estimated1 taxes on. income —
—;
Refund of taxes on income due to carrybacks.-
of Pennsylvania^—Earnings—
1947—Month—1946
1947—10 Mos.—1946
$
v
.
Prior
.
$173,275
income
Net
$3561528.
.
•1947. v.4I
sales and service
Administrative,
Telephone Co;
Oct. 31—
1 "
•
Subs.)—Earnings—
Ended Sept. 30—
Consolidated
Operating revenues
Net
•
of. sales**-*
Net
•
___
23 500
'
sales
Net
i
1347—3 Mos.—1946 ■
i-)47—12 Mos.—1946
Operating revenues
( $5,538,071
$4,955,588 $21,971,830 $19,618,487
Oper. expenses & taxes
4,109,816
3,559,173 16,131,401 14,315,229
dividend from the company's now
profits of the Wichita, Divislom—
1251.
166, p.
Cost
-
Cflv405
Central Illinois Public
145 000
.
—_
9 Months
2554.
SK3ble
562,960
7-s4
deductions
Period End. Sept.
y-:
An
Period End.
contract.—_
costs on an experimental
estimated Federal income taxes
Bowser, Inc. (&
C
'
1
"Including $650,253 non-recurring
inactive Canadian subsidiary.
tOn
Mr.
Bell
$2,822,222
562,960
i—•.
.
loss
Net
*°
p.
$3,285,643
43,913
.—v., 163, p. 1886.
13,666,935
________ •
1,096,276
—.—740,501
491,461 '
-—si
—
.,1
administxative expenditures—
Provision for' excess
plan for the
Randolph1 Phillips, owner oi B .& O convertible .4 Va.%. bonds due in
1960, attacked the. plan on the ground of asserted fraud'.
Phillips cited evidence taken by the United States Senate Bank¬
ing Committee during an investigation last April of the Reconstruction
Finance Corp.'s dealings-with the B-& O:
.
Phillips asked a special thr.ee-j.udge-U. S.
District Court m
Baltimore to cancel its carlTer .dei/tcdsrin the B' & O reorganization
$80,000,000 RFC loan is an important part of; the plan. It was
originally due in 1944; but RFC agreed to extend1 it to 1965.—V. 166,
efforts
$221,953
4J,*1J
& expenses
prem,
Dividend;
——aJ—_ $15,207,145 '
services
Research
view on Plan—
,
$21,9,543
..
—861.647
—
salQSia-,
and
tProvision. for
' i»i' f ',f \
1,715,600
disc't,
debt
of
Net
$14,345,493,;,
—
other income—
and
General and
Sales
Court Refuses Re¬
RR.—Supreme
Ohio
&
Baltimore
$25,8996667 $39,2925492
1.262,923
860,859
383,000
1,1.96,804
long-term debt-
on
Amort.
Other
—:
of
Cost
S30.27M92
"Net profit
I-— 1,853.076
CommorT shares" outstanding--^)---- V 548 342
Earnings per common share
$3.2b'
400,000
j 1,318,197
tax.)
Gtess' income—,.,
Int.
33,300
221,503
(1,805,900
1
General" taxes
Balkncc
Ne! ^aleshS EndGd SePt'30^
'
33)300
227,274
-L
——
Fea; inc. & cxc. pi of.
Co.—Earnings—
———
Total,
•
'
((■/.adjus'tmbnte"
Subsidiary, Boeing Aircraft; Co. i
THE NINE MONTHS ENDED SEPT. 30; 1947,
EARNINGS FOR"
"Interest
_
plant .acquis,
of
(Including Its
.
Sales
'expenses
a; '
depreciation _
trov.' fc :•
1947—12 Mos.—1946
4 7-—Month—194-i
-
$1,211','707- $1,114,356 $15,437,293 $1.,356,383
532,600
7,317,556
5,931,756
621,586
1,310,000
1,257,000
105,000
110,060
)
revenue
Operating
1
Co.—Earnings—
Autocar.
.
Gross
A;mort.
$362,647; accrued payrolls,
and' w.tliholding tax, $83;137; miscellaneous accrued taxes, $145,124; reserve for Federal taxes
on income
(estimated) (less U. S. tax notes, at cost, $470,000), $1,152,7 •
654;
reserve for contingencies,
$50,000; capital stock ($5 par),-$2,250?000; earned; surplus, $5,382,201; total, $9,648,490.-T-V. 166, p.. 1046.
1
Period Eiid. Oct. 31
.,
at
LIABILITIES—Accounts payable, trade,
$222,726; employees' war bond purchases
$200,720
600,ouu
shares_———
receivable; -of.
at
525,000'
^1.009,409
share—'—
1678.
per
166,
r45
$725,720
$1,030,898
390.000
620,000
--
common
of
Earned
Subs.)—Earnings«1 rnri^QR
(&
Sept. 3C—
profit
Number
$113 014
64,019
"$48,995
$112)364'
Federal taxes—
provision-
before
Net
88,638
C'otr—Earnings-
Central Illinois Light
■
,
$1,591,126; inventories, $3,375,084; cashi surrender value
life insurance,
$20,884; other assets, $150,314;,. property, accounts,
cost (less reserve for depreciat on, $1,996,610), $2,820,314;, patents,
nominal amount, $1; deferred charges, $236,775; total, $9;648;490.
customers,
2306.
Corp.
Atlas Plywood
Federal
<•
$23,726
————
Quarter Ended
Profit
ASSETS—Cash* in banks and oil;
1943
1947
depreciation—i.—-——
for
Reserves
30, 1947
, .
handc $1,353,392; accounts
BALANCE SHEET. SEPT.
,
,
Co.—Earnings-
Fisheries
Atlantic Coast
.589,894
:
192,333
<■
119,389
22,82-
104,15
r i: 5,833
1,048,866
50,000
450,000
350,00"
30,000
4,818,80"
1,681,59
393,23
$14,090,221 $10,856,9'
.''•V
Vv^'i-W'3'' fV|,"'•:{-*"*"'v'<V."1f:'vr'AV1'1•(.'■'•
Volume 166-
Number 4659
yV
THE COMMERCIAL
r
Certain-teed Products Corp.—Earnings—
'" \" I'
■
(Including Wholly Owned Subsidiaries)
';
.
,
(' Nine Months Ended Sept. 30—
Net * sales
Cost* of
•
sold,
and
{/
Sales
1946
'
'and
gen.
,.
$4,566,005
—'
-Operating
Operating
profit
income (net)
Other
'—
other operating
and
gen.
I
331,577
.
Other
'
1947
CONSOLIDATED BALANCE SHEET SEPT.
1946 '
expenses
profit
$4,790,600
456,273
($603,924
:
'
$7,175,721
LIABILITIES—Accounts
taxes on income
(est.)—_•
2,250,000
earnings—w
1,526,328
207,943
111,163
$4,680,587
$3,747,53a'
1,612,218
Net
incomeMM—---—Common, shares- outstanding—-—-..-.*.-Earnings per common share
—V. 166, p. 756.
\ 3;..
$4,450,957
$2,759,528
1,619,999
$1.66.
.
fAfter deducting,
-..
177 in
of
Chicago Rock Island & Pacific Ry.—ICC Approves
Final Steps in Reorganization—Hearing Requests Denied
The
ICC
on
Dec. .24
approved
final
the
for
steps
the company.
The Commission authorized the
Terminal Co. to take over certain properties.
The
date
Rock
of
Island
the
plan
will
In
approving, the
and
hearings.
Texas
t
'»
.
that
<,
laws'
matter
•
The
present
claims,
the
but
the
objected
ICC
reorganization
The
ICC
Federal
ligated
plan
added
District
by
Court
the
operating
ICC
review
a
bonds
the
for
state
said
in
it
the
could
&
the
state
do
Gulf
ground
to hold
nothing
the
of
showed
of
securities
final
payment
variations
at
Chicago
Bankruptcy
of
and
Act. to
the
that
plan
the
Commission
of
Citizens Utilities Co;—Dividend in Calsh
The
directors
cents
have
share
per
in
declared
ob¬
and
hearings
cash
Stacks
the
are
13
the
over
kilowatthour
comparisons
corresponding
totals
output
with
—V.
166,
of
the
Davis Coal &
in
lieu
election
election
share
of
with
fu'l
to
of
the
cash
respect
shares
dividend.
to receiving
be issued.
will
receive stock will
stock.
common
Stockholders
cash
a
or
'
indicate
dividend
shares
be paid for in cash
-
must
stock
Fractional
<
from
year
a
four
past
Aug.
Feb.
on
9,
last,
25
10, 25 cents in cash
Cleveland Electric
was
Operating
Not
.;
Total
and
expenses
operating
3%
the basis of $8
on
in
taxes
in
—V.
<.
per
166,
224,480,000
240,397,000
238,429,000
214,968,000
>
v.
14.9
share
Dec.
*-
directors
31.
the
on
Four
Dec.
on
23
declared
stocx,
common
Special
special
a
payable
Jan.
quarterly distributions of 25
to
homers
each
cents
were
80
It
V.
166, p.
recently
2556.
voted
to
split-up
the
stock
on
a
"The
5-for-l
Coast Counties Gas & Electric
Bonds Privately—The company, it
Co.—Sells
The transaction represents
(4 utility.—V. 166,
ment
dur-
basis.—
Colt's Patent
Net
sales
_
FOR
$900,000
outlined
to
be
40
WEEKS ENDED
during
Cost
income
be
5,
1947
expenses
to
of
Surplus, Oct. 5,
°P?.id
Oct.
for
per
V.
on
'
BALANCE
.
S.'Treasury short-term ctfs.
S.
tions nt
Connecticut
indebte.
of
municipal
amortized cost;
njssa
at
Miscellaneous
receivables
Deferred
and
14th
St.
lacilities
(net).
,(
'
<
9,280
'
——
——__
expenses—
255,128
4,109
($25 par)___L.—l—
-(•-—
the
The
(net)
—-
income
Financ al
Z)r25,20O
Drll,191
$5,642,287
1,200.000
$6,338,230
900,000
$5,579,742
900,000
900,000
1,196,022
787,500
7$7 500
787,500
$6,122,166
$1,650,730
$3,954,787
$3,892,242
outstdg—
700 000
—
S
V*
•••-•
$1.32
securities.
•;
'
'••••
.•*
-
''UW;:.
'.*
*.
Corp.—Earnings—
'
_
of
products
sold
'
1947
sales
Cost
(excl.
Sealing and administrative
Provision for depreciation
Other
income
Total
Other
is
and
1946
§2 397 799
_
$2,211,761
1,529,32a
depreciation)1,657,767
expense
460,273
385,356
70,116
62,31J
re46
shares—
Federal
income
taxes
for
the
(
9,283
unit
of
This
expansion
boilers
>
—
cost
counts
ment
and
notes
receivable
$3,112,440;
(less
other
$10,666,261
__
oper;.. exps,
.
(incL
prficiation)
.
- i
de-
riSlecit
debentures
nnn
75,000
$608,624
$517,615
1,498,906
1,472,906
,:1,472,906
$0.40
$0.35
$0.34
$503,202
thereon,
$339,662
>•
'2o4,293 ' '
3,472 (
f
Total J i'nedme
accrued
:
Other
Prov.
Mindrity
for
Com.
shs.
per
subsic,iary in
973
income
$1,193,874
$2,707,777
30,993
•23,197
69,660
•
212,806
,
-
232,270
*: 53,989
112,303
117,620
taxes
140,181
471,118
507,491
1,085,837
L^ILJ
606
1,023
2,417
:
share—
.
-
( $190,543
$685,407
$709,492
(
-533,014
650,000
650,000
.
.
$0.29
equip¬
deferred
and
Federal
divi-
taxes
excess of underlying assets, Dr$258^$1,500,000
and
15-year 4% sinking fund
the outstanding $785,$600,000 will be available
over
loans.—V.
166,
2102.
p.
Cost
and
p.
an
will be used
1454.
Co.—Earnings—
Sept. 30—
1947
oper.
income
of sales-..
Oper..
purposes.—V. 165,
refunding
gen.
1946
1945
1944
$1,179,977
$1,022,378
$834,726
$821,200
620,989
—
572,115
416,254
369,889
■204,757
197,433
180,701
exps.__
212,903
;
profit.
oper.-
-
$1.29
$1.09
$1,612,036
;/
533,014
$3.02
'
$346,078
$245,506
$221,039
24,258
24,644
20,311
22,000
$370,337
$270,150
$241,350
$292,618
110,220
*125,737
126,681
58,722
51,242
61,534
$34,370
$104,404
income
•;(
Total
Depl.,
Prov.
income
:
deprec.,
for
inc.
*89,399taxes____
103,827
Net
profit
*A'fter
and
$177,111
deducting
$11,373
in
equivalent
profit
on
,
$101,208
disposal of
properties
1945. '
of
$63,222
in
1947
*
profit
for
nine
months
to
ended
Sept.
30,
$0.52 per common
share, based on 309,828
corresponding period of 1946, the net profit was
equal
oh 306,217 common shares.—V.
166.
the
$270,61®
shar'e, based
p.
1947
waa
shares.
For
to
per
$0.28
1477.
Chronicle
(Reg. U. S. Patent Office)'Wttliam B.
Dana Company, Publishers, 25 Park
Place, New York 8, N. Y:, REctor 2-9570.
Herbert D. Seibert, Editor and
Villiam Dana Seibert, President; William D. Riggs, Business
Publisher:
Managers t, Published twice a.vWeek [every Thursday
(general
news
and
offices: 135 S. La Salle St., Chicago 3, 111
advertising
Issue)
with a statistical issue on Monday].
(Telephone. State 0613); 1 Drapers' Gardens,
Othoi
London,
E. O./ England, e/o, Edwards & Smith.
as second-class matter
Copyright 1947 by William B. Dana Company.
February 25, 1942. at the post office at New
Reentered
York; N. Y^ under the Act of March 3, 1879.
Subscriptions in United States. U. S; Possessions, Territories and Members
American Union, $35.00 per year; In Dominion of
of
Pan»
Canada, S38.00 per year. - Other Countries, $42.00
per year.
«OTI\ On account of .the fluctuation* to tb* cat** of «*cbanea. rmntttanc#; for-torelgD subscriptions
and advertisements must be
made in" New York'fundi.
!
>
)
ntilFi
on
With the Proceeds
redeemed,
current bank
general corporate
Eason Oil
NOTE—The net
outstanding-
accounts
than
outstanding long-term loan and; the balance
for
2,786
,
sold
I' 1962'
be
n
will
„
interest
com.
$1,166,449
$2,940,047
63,711
175,677
Dr70,544(
other
and
income, $463,115; 15-year 4% sinkMay 1' 1959' 8785,000; capital stock outstandsurplus, $589,078; earned surplus, $2,133,598;
24,056,939
$1,403,680
deductionsTI^i'; V
5 OOO.QOO
28,805,006
126,599
-
taxes
plant
$2,334,799;
years duration and carries an
interest rate of 3V\%.
this amount,
$1,050,000 will be used for
01
Other
9,575,883
$1,293,048
,
property,
Cigar Corp.—Loan Placed
Privately—The cor¬
poration announced Dec. 24 the
obtaining of a loan from
the Metropolitan Life
Insurance Co. in the amount of
$2 000,000. The loan,
negotiated by Lehman Brothers, is
of 15
9 Mos. End.
-
.76,650
Interest'•<
$48,216;
$10,742,332 $29,998,880 $26,764,716
$416,312
-
-
$13,984; trade ac$868,738; inventories (less
reserve),
DWG
Net-
$0.60)-
Ped5ral taxes
total^$69^8
000
■:
^*:i0,326,599
51,119
>170,396
$0.61
$550,000;
$®72'083:
/
.
sales
Cost. 01 sales, and rathei&
(less
assets,
reserve
lor-retirement-of
AVAILABLE
Creameries of America,. Inc. (&
Subs.)—Earnings—
Period Erid: Septra—
i947—3 Mos^—19461947--9 Mos.—1946
Net
25,616
170,776
—IIIIIIIIIIIIII
NOTE—Company recently
1942, plus accrued interest
reflected -in. above: statement for 1947.—-V.
166, p. 3392.
$102,909
•
outstanding
share
per
fV.t'1
C61
year
42,177
100,759
$103,462
I-I—--III—IIZ
—
shares
for
depreciation, $1,814,933),
charges, $90,738,* total,
$6,928,973.
LIABILITIES—Notes payable to banks,
1944
'
$245,833
48,452
67,113
(estimated).
78,410]
;
$234,774
11,061
CONSOLIDATED BALANCE SHEET, SEPT.
30, 1947
ASSETS—Cash, $360,059; marketable securities,
the
to
"75,000
$219,027
i'l'I'-i——
—
income
on
50,000
and
expected
1945
$1,048,3291
■
profit
Dividends
Earnings
will
5,606,4621
$0.23
taxes
$209,644
credits-
deductions
Federal
$6,654,7911
$350,503
1,498,906
share
per
Operating .;income__,i.
;M9o,Obb, Other', income f_———
——$14,750,974 $15,289,543
$1,600,449
3,990,481
(Including Wholly-Owned
Subsidiary, Etching Co. of America)
kilowatts
tAcceptance by Treasury Department of an agreement with
company's tax liability for year 1942 obviates a reserve
contingencies in the amount of $600,000 created in 1942.
Addi¬
8,410,701
Dr70,544
$1,523,232
4.144,254
Quarter Ended Sept. 30—
Net
Capital
to
Earn,
and
170,000
electric
current load in. Manhattan,
Edison's East River generating
21,188
$292,299
1,203,7od
126,164.
$1,960,772
4,370,015
7,442
"..
expected that
alternating
*$397,574
.
deprec.,
capital
5,000,000
852.
Commercial
structures,
3947
'
726,066
■'$'v */'*'•':
no
Net' income
p.
ana
Consolidated
profit
7,930,837
Treasury stock (3^000 shares at cost).
Total
of
Waterside
it. is
to
344,750
taxes—
Employees' funds withheld for bond purchases..
Reserve, for contingencies——
3,776,060
141,904
Dodge Manufacturing
Gross
21,922
206,569
3,745,224
143,724
$8,518,189
.•
Net.
the
815,880
are
3,722,711
$353,239
V1944; '*
$5,502,672
new
Crt600,000
«4
46,140
——,—
Special dividend w—4-!—
cr'-- Accrued "city, State and sundry Federal
-V.-166,
capacity
these
$1,394,082
97,838
-
1945
.
-
at
completion, and
total
for
1,413,100
tional
53,468
>
Subs,)—Earnings—
5,305,437
*506,232
spent
1,599,735
2,96"
—
.j,(, Accrued payroll and sundry
Surplus
program
be
the
518,115
$14,750,974 $15,289,543
-Vi
•U; Compion; stock
work
would
loads
in
bs the s^e^e of enlarged canacitv b" the
generating units, each with a.: capacity of
120,000
be. insiai.ed in an extension, or the pierent station.—
to
are
in
out,
is
the
166,
$5,410,360
.
and
larger
included
204,400
Cr331,289
for
651,142
56,711
Total
payable
the
equip¬
*Losg.
.97,838
current
for
share.—V.
3,000,000
taxes—
LIABILITIES—
Accounts
a
the
$40,000,000
in
to
transmission
of
are
there
Two
Earnings
2,152,644
—
The
arrearages
* per
856,060
700.000
"
700,000
per common shr.
$1.84
$1.21
-Includes $500,000 transferred
from reserve for marketable
•ML 166, pp. 1253, 369.
normal
net
year's Fed, tax adj.
No.\ of
-
f)r.
with
view
facilities.,
"Structural
3,472
2,204,574
1947.
initial
com¬
$2,005,715
respect
accruals
—
charges
included
distribution
added:
than
includes
kilowatts
and
the
$1,126,739
Prior
$4,104,174
2,068,708
^
Buildings and equipment—cost
Other'assets
::
years
in
Tapscott,
more
It
of
*$376,386
Federal
obliga-
—
Inventories —
Land
the
shs.
reserves),
income
Net
608,920
*
'
*
of
for
etc.
3,uuo^o9
receivable-—trade
An
Earns,
a
rising mate¬
scope
System's
Substation,
increased
profit
Other
Dec. 31, '46
b03,ub7
U.
U.
*
four
system.
Edison
2,553,000
period.
Mr.
that
Operating profit
of
amount
25,
all
th®
on
accumlatect
2.
$2,705,520
Surplus, Bept. 30
7
•
Oct. 5, '47
$3,084,397
Accounts
of
expansion
an
distribution
—$5,310,250
Exp.; deprec., amort., &c.
5,707,823
SHEET
-
Special cash deposits—
(
net
of
from
Jan.
1946
dividends-.—
Common
years
year
v',
Reserve for conting—__
the
to
Common
v
this
Coty, Inc. (& Subs.)—Earnings—
$7,930,837
_*
and
four
next
166, p. 2556.
Gross
344,750*
—
Nov.
on
payment
aggregating $10
share
per
record
$3,907,211
1,802,715
dividends
capital
Federal
COMPARATIVE
Govt,
involves
350,000
equivalent approximately
tax reiunds.'
$5
payable
391,944
n! fUc?tde^ntUresdue
81.707,75(,
8,410,701
share
ASSETS—
? 1
the
Tapscott. pointed
kilowatts,
$214,836
contingencies
1947—
1947
22,
interest received
M.y
of
be
to
estimated
Because, al. growth
„
$8,625,587
$1.75
"; ''-m
•
2,632,2.97
—
Preferred
com¬
NOT
;
made
85,730,762
income
Surplus, Jan. 1
Surplus adjustments—.
,
the
mat
enlarged
turbo-generators,
6,251
reserve
the
pressure
to. the
as
present
the
must
turbo-generators
Profit aft.
i.
the
9 Mos. End. Sept. 30—
Transferred
the
to
Consolidated
according
in- service
4,629,ua7:
177,138
Net
surplus
^Special dividend
well
as
and
of
production and
station
$5,027,361
Income, exclusive extraordinary expenses and lossesSurplus, Jan. 1, 1947
for
by the end of 1948.
A
fourth
kilowatts capacity is scheduled for installation in 1949.
the Waterside station, including
408,278
—
sales, selling and administrative expenses
Depreciation of plant assets,—
—I—'
Cash
end
facilities
Tapscott
three
$4,619,084
—
_—
Total
due
Tapscott
from
capacity
necessary-;switcning
OCT.
—_i-.
announcea
$36,000,000."
of
Sundry
Mr.
increase,. the
each
Mr,.
by
at!the
He
company.
I Total
costs,
is
.generating,, station, is approaching
Mr.
'
-—
Miscellaneous income
■Mh
estimate
generation
served,
electric
Mfg. Co.—Earnings—
THE
2l!
program
at
Fire-Arms
of
$100,
par
1947
Net
'
Expansion Program—
Dec.
on
expansion
made
program.
financing by the
new
the
in
construction
kilowatts
2417.
p.
STATEMENT OF INCOME
4
and
pany's electric
19, has sold privately $900,000 3% first mortgage bonds,
1980, to The Mutual Life Insurance Co. of New.
^'
increase
program
due in
York.
20,
subsidiary.—V.
,
announced Dec.
was
per
Dec.
Dec.
on
§
Depreciation
•••'
and
President,
and
-
necessary
by
the
continued
rising demand
the
company's services," Mr. Tapscott said.
The
major portion of the four-year
construction
and
expansion
cents
made
Tapscott,
distribution
v:
to 1946, inclusive,
led., State and city taxes
weeic
/■
cost $280,000,000.
The*
company announced early
five-year postwar program to cost about $250,000,000. ,%?
to
;
H.
construction
production
was
manufacturing
dividend
a
stock,
^°UoC.e!
«
of
would
record
01
owned
declared
generated
Enlarges Construction
Raiph
yying 1947.
;
the
pany's
$2.66
of
$4
record
■<
:<■
Dividend—
dividend
12
f
have
Sept. 30—
Gross earnings from nil
24 announced that System output of
electricity
and purchased)
for the
week
ended
Dec.
21,
to. 237,000,000 kwh., compared with 222,400,000 kwh.,
corresponding week of 1946, an increase of 6.6%. Local dis¬
program
Corp.—80-Cent
of
of
1947, and
i-,-"' iv:
9 Mos. End.
electricity amounted to 217,900.000 kwh., compared with
210,500,000 kwh., for the corresponding week of last year, an increase
3.5%.•
!
'
Coal
wholly
Diamond Match Co# (<&
1'7 4
amounted
rial
-W'.W
a
was
2309
11.8
203,020,Out)
190,155,000
2556.
"
tribution
1,490,123
$2.46
dividend
holders
20,
6.9
oi
2417.
Clinchfield
The
for
$7,334,726
:
to
..
vfo,.aiaii^o represents the final
o
The company on Dec.
$3,824,850
$6,865,132
share
common
p.
;:w
per
$8,291,331
-
an
■
(electricity
230,578
1.426,119
y.-f. Balance, surplus
;
UfS .-c11 JanV. 12 t0 holders of
of $5 per share
distribution
% Inc.
compared with
295,609,793 for tne corresponding
increase of 42,970,508 or 14.54%.—V. 166, p. 2556.
as
'
'
1947
1946
295,860
__
4JU9«
«A'Ci"nu:lat,lve Preferred
20
240,033,000
——_—
p.
1946,
'
•
$8,594,271
deductions
Corp.,
Balance
$7,995,471
revenues-!
special
a
460.
p.
directors
ex¬
338,-
580,301
per
while
$50,426,509 $43,b43,244
42,431,038
35,243,973
..
declared
Denver & Rio Grande
Western
RR.—Pays Arrearages)
The
Consolidated Edison Co. of New York,
Inc.—Output—
1947
(Gross income
Earnings
paid
were
paid.—V. 165, p. 1725.
revenues
non-operating
Total
stock
Co.—$4 Special Dividend—
23
of Unit—
_Johnst°u Jjas beett appointed Vice-President of
Bruns-
Radio
fvO( : , p.
ago.
territory
Illuminating Co. (& Subs.)—Earns.
12 Months Ended Sept. 30—
Total operating revenues
y
and
Dec.
Records, Inc.—-New Vice-President
W'
\\ick
The -weekly kilowatt hour output of electric
energy of subsidiaries
this corporation adjusted to show
general business conditions of
served for the week ended Dec. 18, 1947, amounted to
of
an
.
.
in cash
cents
Coke
on
011
d
161,
weeks
1946
218,470,000
11.
..
On
•
directors
Decca
Commonwealth & Southern Corp.—Weekly Output—
their
by. Feb.
resulting
v-'A (:■
Exchange
,
,
held
Ruling—
dividend, subject, to the
incorporation on Dec. 31,
a
Of
be common stock, payable Jan. 9
t' ray"iei?,;.s, of
each were made on June
1946.—V.
o,
'
1947
29
—
period
1946:
—'2—:
6
Nov.
stock, payable Feb. 21 to holders of record Feb. 1, 1948.
Stockholders
may elect to receive 3/lOOt'ns of a share of common stock per share
Only
certificate
common stock be not quoted ex said
furtlier notice; and that all
certificates delivered after
31, 1947, must be accompanied
by due-bills.—V, 166, p. 2556.
The
Co.-—Weekly Output—*
20————————
Dec.
the
increase
percentage
Dec.
regular semi-annual dividend of 25
the 255,413 shares of outstanding common
on
Edison
Week Ended—
.
166, p. 2417.
or
6.9%
Following
Dec.
fey
of
„
Electricity output of this company and associated companies,
cluding sales to other electric utilities, for the week ended Dec.
bv
the
was
without' further
proceed
when the court had approved a plan of
reorganization.-^V.
Dividend
declaration
the
to
S until
I9 fdieted that the
Dec.
,
Commonwealth
from
under
was
amendment
one share of
of
$28,484
,
an
dividend
$21,849,354; earned surplus, $15,897,119; total, $44,630,656.—
166, p. ,1680., v;
V.
$1,870 981:
new
5%
preferred stock
(convertible), of $2®
value, for each four shares of common
stock held of record ab
the close of business on Dec.
31, 1947, to be mai.eci Dec.
31, 1947 (scrii*
to
be issued for fractional
shares).
The New York Stock
sale
on
liabilities,
par
$2,006,-
standing),
showed
consummation
of
profit
accrued
on
plans- submitted
substantial
no
in
1947,
$2,32
amortization
and
tlncludes $218,499
patents, goodwill, etc., $1J, deferred charges, $604,615;
total, $44,630,656.
LIABILITIES—Accounts payable
and
accrued
accounts,
$2,152,008;
Federal and foreign taxes on
income, $2,804,711; reserve for taxes and
other contingencies,
$400,000; minority
interest in subsidiary
com¬
panies, $1,527,464; capital stock, no par . value (1,612,218 shares out¬
further
Island
on
depletion
1946.
(less
$34,105
reserve),
$3,912,429;
inventories,
investments,.at cost, $2,848,979; notes, accounts receivable,
reserve), $325,213; fixed assets, at cost (less reserve
depreciation, depletion and amortization, $39,587,068), $23,399,874;
for
approved.
as
that
of
requests
receivable
(less
.
■.
to distribution
said
accounts
etc.
settling
in
liling cf
$4,193,954;
effective
in
depreciation,
$1(965,514
and
securities.
proceedings."
managers
the reorganization
'
road
any
statutes.
the
bondholders
denied
convertible
5
The
used
of the Chicago, Rock
reorganized Rock Island
the
'
The
of
of
Peoria
;:y-:.7;.
ICC
:
-
be
to
dissolution
its
'-in
the
date
the
1947
$2.90
„Jn connection with the
CONSOLIDATED BALANCE SHEET, SEPT. 30, 1947
ASSETS—Cash, $7,788,291; U. S. Govt, obligations, at cost, $724,000;
marketable securities, as cost (quoted market value
$981,853), $833,300;
,
■'
holders
required
under
'
and
securities..
of
the
•
:
steps
of
into
merger
Texas
charter
a
/
to
1944,
^
final
group
objected
and. its
that
a
$356,117,327
1,
■'
.
Texas
Ry.
Jan.
was
claims.
of
issue
reorganization
road
1,612,218
Earnings per share—.
1,619,999
$2.71
•
.
profit——————
Capital shares• outstandings-
and
Davega Stores C.orp.—Stock
—-
Net.
...
payable
rfonr^Lan(? other taxes on income, $853,348; other current liabilities.
term
debt,
$4,026,893;
reserve
for
contingencies
$202;082; minority interest in
subsidiary, $10,706; capital stock and
surplus, $9,947,234; total, $17,099,510,—V.
166, p. 757,
$5,394,524
9,495
'■■■}?>
37,191
and foreign
cost,
.
1-
Other charges
U. S.
1947
Cash on hand and in banks,
$1,732,845; marketable secu¬
$25,111;. notes and accounts
receivable, $2,179,013* in¬
ventories,. $3,516,655;
Plant
and
equipment
depreciated, $7,880184*
rehabilltatlon fund, $400,000; other
assets'.
$032,526;. total $17,099,510.
■■
; v.'yX.-'--,:
■
•!'
at
.
$6,719,448
income
Minority interest in
30,
_ASSETS
rities
$30,560,953 $24,709,306
20,232,840
16,665,355
3,608,665
3,253,351
,150,410*
$7,977,681
$4,716,414
Interest o'n sinking fund debenturej——■
93,844,
99,750
U. S. and Can. inc. and exc.
prof, taxes (est.)
3,132,880
1,857,136
Approp. to reserve for contingencies
300,000
1
—
3
Subs.)—Earnings—
exps
'■Total income—
Total income
CHRONICLE
20,641,500
$7,646,104
sales and
Seliing, .admin,
,
27,495,720
(&
,
Cost' of
$35,141,825 $25,207,503
seeing, admin,
depict——
FINANCIAL
Columbian Carbon Company
Nine Months Ended sept. 30—
,
1J47
'•-
1
-
goods
deprec.
exps.,
■
•
&
-
.
>
.
-'VI'V^nnriYI'NB^
* ' '
EasternCorp.-—Earnings—~
Subsidiary)
Canadian
(Incuding
Sept. 30—
Nine Months Ended
>
•
:
'
Net -(sales
sold——
shipping and general
Cost, of
goods
Selling,
S1-79?*747
21,633
i- ,
655,000
deductions (net)—,
for Federal taxes • on income
'Prov.
profit
Net
cri9,u»z
2ob,ouu
shares outstanding—-—
Earnings
per
•
share
common
bank? and on hand.
Cash in
Receivables—less
pu.pwoou)
Pulpwood and logging operations
erved
re.
—-—-
j*
:
2,206,638
173,675
>
b e
.<
taxes
income-——
on
$581,170
321,000
$648,071.
—.
_
s 420,000
,
payable—common stock,.————
68,349
68,343
Other accrued liabi ities
—
,
116,152
100,324
Notes ;'payabi3r^ahk '' -Ei-ni3EL-tiEiiEi—'250;O0p -Eri
—First mortgage 3%% bonds due Oct. 1, 1359—
_—_—
-2,137,000
Notes payab e due Oct. 1, 194J-52—
1,750,000
___—
Reserve for possible luture inventory price decl.
250,000
250,000
Earned
Other
reserves
stock ($10 par)
Common
Earned'sury.us
.'2,503,752
2,503,752*
2,811,756
3,824,411
$13,258,897 $12,214,476
——————
„
23,655
3,417,470
——:
-_ELr——————
~——LLLL.
——
Capital'surplus
Total
10,692
3,417,470
,, >
———
—
ao-financiaL transactions taking place Oct. 1, 1947,
deducting $.00,000 of U. S. Treasury notes at Sept. 30, 1947
♦After gi'. ing effect
tAfter
at Sept. 30, 1946.-
and $310,OoO
-
.
•Quarterly Payment Increased—
have iUec»ared
The Huire. cvrs
cents per
quarterly dividend of 25
a
payable Feb. 2 to stockholders of record Jan. 14, 1948c This
wuh 20 cents per share previously paid each quarter.
the nine months ended Sept. 30,- 1947, this corporation showed
share,
compares
For
of $3.23 per share.
Further funds were appro¬
rehabilitation, which work should be completed by
next
OctoLc:*.
The over-all program of plant modernization, it is
expected, wi.l be completed next year.—V. 166, p. 2309.
earnings,
priated
taxes,
a..er
plant
for
stock
stock.:
declared on common
portion of the inventory at
^Reduction of a
to
estimated'realizable value.
• *
v
$32,753;
of
etc.),
plies), $1,601,139; cash surrender value of life insurance,
property, pant and equipment (after reserves for depreciation
$115,658),
$245,187; deferred charges - (insurance premiums,
$29,644; total, $2,728,804.
LIABILITIES—Accounts p^yab'e, $336,585; Federal income tax with¬
held from employees, $8,352; Federal taxes on income
(prior years),
income—current year (est.), $476,700;
year (est.),' $19,300; other
accrued Federal taxes on
State
taxes
income—current
on
$41,374; bonus accrued, $50,000; accrued salaries, wages
and commissions, $20,18.9;
other accrued expenses, $10,302; common
stock
($1 par), $350,000;
donated surplus, $78,500; earned surplus,
accrued,
Quarters -need Sept.
(COMPANY
1947
30—
Operating
152,976
Net
earnings
$24,705
23,580
—
deductions
Total
$144,393
119,687
$5,640
_
23,610
sales
Net
ancl
Costs
expenses
ACCOUNTS
INCOME
CONSOLIDATED
(INCLUDING SUBSIDIARIES)
$475,221
(including other income).
$435,253
296,442
26,718
230,680
'
Operation *LLL--——
Maintenance
15,00
23,410
$47,393
37,749
47,542
$9,643
23,610
Loss
$3,423
4..
deductions-
profit
sale
on
3
$1,201,586
56,544
$2,233,929
$749,916
$1,258,131
89,633
Total
parent
Net
-V.
—.
cred.ts
Misc.
deductions.
company
income
—
l,^%,>of its net profits.
•
' „ .
1945," the General Assembly passed an Act subjecting the Georgia
to regular taxation.
Mr. Thompson's demand for increased
taxes brought the railroad's suit., '
The railroad contends that
the 1833 exemption is an "irrevocable
and inviolable contract between the State and the road which cannot
be modified or changed by subsequent legi lative acts or subsequent
change in the constitution."
(August "Chronicle," Dec. 17, 1947.)-^,In
V.
164, p. 73.
Mich.—Stock Offered
headed
offered
40,049 shares ($1 par) common stock at $9 a share. The
offering was made for the account of James Gerity, Jr.,
—Ames, Emerich & Co., Inc., and Dempsey & Co.
an underwriting group which on Dec. 24 publicly
166, p. 2102.
automobile
$411,022
t$318,763
$1.69
$1.31
$1.29
in
January,
Pe-dcd End. Sept. 30—
Operation-ill:—LrL'L_!i_-
■■..W,
<•.&?,£.30
Maintenance' LtLiLaiiuiij
Taxes (incl. inc.
taxes)
.
550,699
1,958,421
151,508
140,776
.571,583
r,871,392
41,981,
$2,192,024
32,4L'J
508,769
$2,643,307
350,374
$228,391
$2,700,793
$2,£93,682
60,308
61,879
728,411
44,770.-
(net)
Balancei
accrlJ—
reo.
Gross
.
Interest
$145,868
173
$2,257,845
379,866
423,458
14,024
21,002
$1,578,492
$1,813,385
34,659
520
$1,972,382
$166,512
30,004
income___—___
and
amort
deducts.—
Miscellaneous
/.
$115,344
^.__
__.
_
„
„
$131,679
payable
V.
B.
G.
E.
&
Co..
Balance
to
$1,735,733
22,097
Utrities
—
$1,710,677
Associates-
Earnings o! subsidiaries (as
.Non-subsidiary income—Total
_
Balance
.
———
$1,574,698
$V,788,444
directors
—V.
the
on
declared
have
common
the
this
per
Fidelity-Phenix Fire Insurance Co.—Extra
the
stock,
usual
semi-annual
payable
both
15
Jan.
week
kwh.,
Dividend—
ended Dec. 18, 1947, the System input of
amounted to 63,827,000 kwh., an
or
19.2%,
over
the
subsidiaries
increase of
week of 1946.—
corresponding
income
5s
Of
payment,
the
of
declared
have
payable Jan. 1, to bondholders of
2 V2 7o is ' regular disbursement with
1955,
'
4%
on
subscribe
Net
_i_
record Dec. 22.
V/2 % applicable
243,534
853,574
profit
shares
Earns,
per
•After
com.
1947—12 Mos.—1946
;853,574
and
$0.35
$1.32
:
$1.13
income taxes.—V. 166, p. 1578.
.
on
Dec.
19 approved the preferred stock issue
thereof, but less than the two-thirds required by
voted in favor of releasing their pre-emptive rights to
or purchase the preferred stock.—V.
166, p. 2419.
V' I ' \ l;\. ^ ^ ,-/*/' \ ^
• X i
% < 'X ' -j ' '.-v\
' V. 'i' '* '
'
Operating revenues
Operating expenses
Depreciation
:
$75,524
profit——
approximate
net
sales
for
October
1947
were
$52,790
:
$790,000
(the
largest morthlv sales in the history of the company) as compared to
$760,000 for October 1946. .,
Howard F. Leopold. President, on Nov. 15 stated in part:
"The unfi led orders on hand at the present time are very substantial.
One of
the principal problems confronting the company is that of
_:v$254,458
Net operating revenues
i
Other
income
—V.
96,861
Income
deductions,
Federal
income
•"
...»;
•
Net
—V.
interest,
p.
1682.
.V
•
J
.
'/
—;
.
63,759
■
■■■
■
.
■
40.210
i
$131,679 L' $118,609
^
was
consummated
at
an
average
net
• ■
rats
the
companies, Goodyear has
lixed and optional prepayments of the loan. The
will retire 73% of the total by maturity.
•
'7
;
•
agreements with the insurance
prepayment schedule
166, p. 2553. .N -
The
directors
Building Corp*, NL Y. City—Int.," Etc.-^*
recently declared an
interest payment of 2%
upon
the
gold debenture bonds, amounting to $33,830, payto bondholders of record at the close of business
outstanding 20-year
Dr 1J8
69,648
59,364
^
;
••
income—L—______
166,
etc.—
tax
'
,7',^^
transaction
no
Gramercy Park
" $228,584
Cr344
i..
Co.-^$lOO,OO0,Ol0P Financing
35,814
•
107,714
Taxes—general
fixed
$803,879
447,620
$903,633
486.040
55,421
^
——
entire
2.92%,
f- th privilege of both
-v
,
x
Under
1946
1947
'
10 Months Ended Oct. 31—
Koppitz-.
call premiums having paid on the retirement of. the
$31,579,000 first mortage bonds ncr commissions paid in respect'of the
new
borrowing.
The $100,000,000 financing plan was approved by
Goodyear preferred share holders at a special meeting Dec. 12.,:, .
$0.23
share
charges and provision for
purchased
maturity;
The
of
Frontier Power. Co.—Statement of Income—
Co., Chicago, 111.—Earnings Higher
Month of September—
'
1947
1946
Net sales
i
$684,855
$509,372
Net profit be'ore Fed. and State income taxes.125,824
87,990
Provision for Fed. and State income taxes
50,300
35,200
Ero Manufacturing
The
$1,000,000 bank loan and finance
funding $31,579,000 3V2%-2%% first mortgage bonds due
1964 with similar notes having the same interest r&tes
.
853,574
853,574
Placed Pri¬
Completed—P. W. Litchfield, Chairman, announced Dec.
22 that arrangements had been completed with insurance
companies for borrowing at par $68,421,000 in the: form
of 3% unsecured promissory notes due 1967 and for re¬
the
$6,951,523 $32,893,827 $24,299,432
■ 323,392
1,206,215
1,053,306
$10,691,030
outstdg.—
sales
'Net
Com.
^corporate purpose.—V. 166, p. 2557.
net
to
\iJ
Inc.—Earnings—
1947—3 Mos.—1946
Period End. Oct. 31—
Stock
Cb.—Preferred
Brewing
majority
a
I
to arrearages.
Froedtert Grain & Malting Co.*
Eberstadt &
Co. Inc.. on Dec. 23 made a public offering of 60,000
shares ($50 par) 5V2% convertible cumulative prefer¬
ence stock at $50 per share.
The net proceeds will be
'added to the general funds to be used for any proper
of
payment
interest
stockholders.—V.
stockholders
The
and.
Inc.—^-Interest' Payment—
an
offered
be
\
Goodyear Tire & Rubber
directors
The
will
Co.,
Kirkland & Co. at the same
Michigan Law,
extra of like amount was disbursed on Jan.
Elliott Co.—Preferred Stock Offered—F.
Final
at
purchase
stock
not purchased by stockholders
including Craigmyle, Pinney &
McEvoy and Jenks,
which they are to
1993.
p.
common
a
to be fixed later. Warrants
additional share between Oct.
price approximately 10%' above
one
expansion of the: recently
Melchers, Inc., brewery.
'
of record Dec. 31, 1947.
An
15, 1947.-r-V. 165, p. 537.
holders
unit
per
&
ancl
price
a
the
an extra dividend of 20 cents per share
dividend of $1 per share on the capital
to
an
Douglas
will be used to repay a
22.
The directors have declared
:>V. 166, p.: 2557.
_
cents
162, p. 456.
and
Corp.—Weekly Inpyt—
corporation
10,315,000
40
of
stock, payable Jan. 5 to holders of record Dec.
Five Twenty Michigan,
For
Common Dividend-1dividend
initial
an
at
vately—It was announced on Dec. 23 . that the company
has privately placed an issue of $2,500,000 of 41/2% cumu¬
lative preferred stock at par ($100 per share) with a
group
of four insurance
companies through Glore,
Forgan & Co. and Miller, Kenower & Co, The proceeds
1477,
Electric Power & Light
of
to
Goebel
contracts maturing
1948,
Federal Electric Co., Inc.-r—Initial
The
rhare
Offer Shares to Stock¬
for¬
$52,438; long-term indebtedness, $3,624,913; re¬
serves, $330,822;
capital stock ($5 par), $1,220,953; capital surplus,
$1,351,729;
earned
surolus,
$5,340,298;
total,
$14,842,085.—V. 166,
p. 1889.
^
■••'. : /••■:
•'■■■'
1,
Oct.
to
held,
purchase
shares and warrants
underwriting group
new
price
ac¬
to
and Oct.
1, 1951 at a
subscription price of the unit.
sold
be
income—estimated, $102,487; Federal taxes on
income—estimated, $1,049,951; portion of long-term
$1,946,917
158,473
(portion
Co.
Insurance
share
shares
1948,
1,
166,
236,241
167,395
————
—V. 166, p.
r
$1,742,093
;
—
——
263,350
_
taxes and interest——
Expenses,
$1,710,677
$1,478,743
shown above)
Prudential
crued
25,056
$1,478,743
minority interest—
Applicable to E. U. A._
Eastern
77,652
$1,500,840
1——
—
Applicable
77,652
_.
„
to
.
additional common stock to raise
stock will be --issued'' -'on.<:-$hsr- basis
New
common
holders
er.titile
the
1,
each
for
warrant
will
payroll taxes, $528,482; misce.laneous accounts payable, $45,478;
royalties, taxes, commissions and other expenses, $188,087;
Oct.
v
offered
be
to
are
$1,000,000.
additional
two
Winslcw,
prior
Preferred dividend deductions:
Stockholders
approximately
of
1913), $233,333; other notes payable, $236,902;
trade accounts payable, $536,160; dividends payable, $2; payrolls and
to
pr.or
-
eign and State taxes on
Balance
now
Any
LIABILITIES—Notes
due
;
special meeting of stockholders will be held Jan. 7 to vote on an
in authorized capital .stock from 300.000 shares <par $1),
shares (par $1). The company has 282,453 common shares
outstanding.v
•
■ - l?>
.
■
A
$14,842,085.
total,
In both July and October.
1,200,000
bonds),
C.4,391,350;
market,
or.
15 cents in April and 20 cents
1787.
increase
on
Canada
p.
holders—
investments end other assets, $246,240;
timberlands,.at cost (less depletion), $2,573,862; land, $88,542; buildings,
machinery and equipment (less reserves for depreciation, $739,215), $2,C45.851; land not used in operations, $1,135; patents and licenses (less
reserve for amortization, $32,709), $105,291; deferred charges, $273,765;
cost
741,837
$161,406
revenues
Lucerne
Retirement
$195,904
$206,176
Net bper.
1
$1,066,945 $13,748,352 $12,558,583
cc 1
677,551 ">lf9io47,207 W.7,466,301
$1,152,976
797,864
Operating revenues——
and
hand
166,
Giant Portland Cement Co.—To
$293,404
of
tExclusive
$5.
par
stock,
capital
or
($1 par)
$315,949
SHEET, SEPT. 30, 1947
deposit, $2,454,651; marketable se¬
at cost, $2,269; trade accounts
receivable
(less reserves, $142,804), $2,012,453; expenditures for tools
and dies-and all dthet charges to be billed to customers, $15,104; ad¬
vances to .logging, contractors,. $31,570; inventories, at lower of average
on
authorized 1,000,000 shares
shares are outstanding. -
1947
Cr60,590
(Dominion
consists of an
stock of which 767,500|
Net profit for. the fiscal year ended June 30, 1947, totaled $1,216,033
with a net loss of $15,605 the preceding fiscal year. During
the company paid common stock dividends of 10 cents a share
681,800
received.
ASSETS—Cash
curities
industry, plates,
manufactures and
'
accessories including plumbing hardware.
of bathroom
line
a
common
CONSOLIDATED BALANCE
Associates (& Subs.)—Earnings—
1947—Month—1946
1947—12 Mos.—1946
to
compared
860,000
304,834
746,900
$997,229
$4.08
shares
244,191
castings, principally
for the automotive
acce:sories and hardware for radios, and
die
raw
sells
Capitalization
(net)
insurance
Manager, who will continue
General
and
60,000 shares or 7.82% of the company's outstand¬
ing common stock. Associated in the underwriting are
Sills, Minton & Co., Inc., Cohu & Torrey, Amott, Baker
& Co., Inc., Walston, Hoffman & Goodwin, A. M. Kidder
& Co., and Bond & Goodwin, Inc.
In plants at Detroit and Adrian, Mich., Corporation manufactures
hold
263,000
profit
"On
railroad's taxes.
his first order and a request
railroad
Cr44,653
^Earnings per share
life
Eastern Utilities
Non-oper.
Net
Superior Court, at Atlanta, renewed
restraining M. E. Thompson, then Revenue
1946
greater than
—V.
Balance
free
tax
be
200,000
(est.)
income
in
charteV,' -granted by the State, provided the railroad should
the .'first seven years and thereafter its taxes should not
1833
The
be
30,426
383.018
postwar rehab.
contingencies
Inter-Co. comm. earned
Prov. for Fed. & foreign
011
1946.—V. 166, p. 2558.
Judge Almand overruled demurrers, to
a dec aratory Judgment.
■
?. *'L
j
60,044
11,209
34,387
and
taxes
•
for
$1, 551,218
83,441
plant—
of
issued
he
order
for
Frov.
of Fulton
Bond A'manri,
Judge
$1,489,119
62,099
—
to
Georgia RR. & Banking Co;*—Tax Status 'Upheld—
j
of, Georgia failed again on Die. 16 in another attempt
nullify tax exemption provisions granted the Georgia railroad in
President
116,080
...
Utilities Corp.—Weekly Output—
of this corporation for the week ended Dec. 19,
155,073,018 kwh., an increase of 17,l£fe,208 kwh.,
output
amounted
12.4%, over the corresponding week of
an
1945
1944
$14,805,849 $11,599,507
13,604,263 10,110,388
$633,836
expense
deductions
Misc.
$"2,034
23,580
Total
Interest
■
,
Commissioner, from increasing the
$0.o9
$2,058,338
175,591
___
income
Other
$79,577
—
Federal
and
income
subsidiary
Total
38,777
—
——_
State
44,754
42,636
Dr$13,936
—:
taxes,
Gross
18,053
47,029
;
_
taxes
Income
■-
—
—
Depreciation
General
$1,094
Br$17,939
income
Gross revenue
$179,887
$0.45
106,781
Opeiating profit
Net
1946
$209,267
1.47
.
1946
$18,104,797 $13,048,135
16,046,460
12,414,299
Sept. 30—
C. Gamble Charitable
1833.
Subs.)—Earnings—
Products Co. (&
Evans
9 Mos. End.
Offered—-Carl M. Loeb,
New York, on Dec. 12 offered 2,000 shares
(par $5) at $13.50 per share. Proceeds
The; State
,7;
165, p. 3263.
electric
The
1946
y
$158,617
1
tApen^es
1947
•
—V.
$2.30
$2.66
:
;
to selling stockholder, the B.
1947
-
earnings
Gross
ONLY)
397,821
$2.59
.
Gerlty-Michigan Corp., Adrian,
Corp.- -Earnings-
Williams
Eureka
477,158
426,446
166, p. 2310.
total, $2,728,804.—V.
$1,334,830;
477,385
stock
common
to
U. S. Treasury securities (at cost), $3,500;
receivable—trade (less reserves for doubtful accounts of
$6,099), $519,509; other accounts receivab'e, $1,556; inventories (book
inventories at approximate cost or market,, whichever is lower—^"first-in,
first-out"—finished goods, work .in process, raw materials and sup¬
Ended Oct. 31—
Net
earnings after taxes——.
Earnings per shaie
—
Corp.—Earnings—
ACCOUNTS
INCOME
CONDENSED
1947
AUG. 31,
3 Months
Eastern Minnesota Power
105,000
ASSETS—Cash, $395,517;
taxes
per
General Public
$1,114,611
60,000
accounts
accrued
8-3,603
1,191,742
$2.3J
Trust.—V. 166, p. 2557.
$1,334,830
$349,611
Aug. 31, 1947, from dost
; '
'
^
CONSOLIDATED BALANCE SHEET,
$2,672;
£05,848
1,216,028
$1 >
;tom. sh;_j.iL
Gamble-Skogmo, Inc.—Stock
or
of year.—___w-
Earned surplus at end
75,723
878,557
.
$1,649,830
140,000
175,000
.—.————-
137,627
163, p. 53.
go
in stated value of common
Dividends
253,12&
...-f-r
v
$236,054
949,611
beginning of year—....
at
surpus
1
$700,219
—.—
Total
Dividends
■
for Ihe year
income
Net
h72_.991
>;
$1,127,776
cohv. pfd.
Rhoades & Co.,
of
>
3,782,223
188,88J
—
Earns,
88,073
4,909,999
$1,358,136
$3,458,473
373,060
•
No. of com.. shs. (pax
6,811
136,645
19,300
476,700
: ;
.
•
pld.
conv.
"
—■•——
and surtax...
Federal excess profits tax (net).
"Exlraordinary charge
Federal normal tax
Increase
Fec.er.ii
tAccrued
taxes
income
2,105
>
,
4,412,246
3,054,110
—
stk..
—V.
•
2,119,654 :
$3,275,977
pfd.- stk—
5%
Divs..on 00m; stk.vL._LL
69,363
1,254
—.
income charges
income:
Slate
stk.
5,578,127
.
2.007,642
:
U__i:
profit
on
Divs; on 4Vi%
49,476
121,884
sales
on
Net
Divs.
$538,200
f
/
;
5,283,619
(est.)
On int.
Divs. on 4%
■■
$1,393,200
Provisions for taxes on
LIABILITIES—
Accounts pay
discount
Sundry
1,298,000
5,840,110
—-—
1947
30—L
•dep»e^and,^>':,i,;)?>ttir^«i^MV^'*i*vv^
Profit after
interest
Fed.' taxes
$488,724
.
85,490
—
—
income
Gross
Cash
$13,258,897 $12,214,470
——-
——-
—
973,757
1,334,130
7,203,736
and timberlardi, less reserves—
Plant, propeity
-
(in¬
construction purposes
lor
in U. S. Treas-ury notes)—
vested
Total
———
as.etJ
Miscellaneous
Funds
<LL
——
(except
Inventories
——•
—
reserves
income
Other
1946_
$387,966
*1947
$055,705
1,230,156
1,665,225
2,397,312
106,763
ASSETS—
Net,:
#1
1946
$7,426,881 .-.$4,061,548 ;
5,740,692
3,212,814
378,479
360,010
$1,307,710
Net profit,.on
transactions talcing place Oct. 1, 1947.
CONSOLIDATED BALANCE SHEET, SEPT. 30
COMPARATIVE
—.
—
sold—,
Seeing, del:Y«ry, gen. and admm. expenses^--
$1.43
*3-2=»
sales
Cost Of goods
effect to financial
After giving
v.'-;-, ''
%£1947
-1,
.
Net
Subs.)—Earnings—
'
1946 V
; ,1945 '-P. 1944
Sales_-_i_M_l^Cii $62,568,254> $51i078,425 $48,717,575 $51,727,882
9 Mos. End. Sept.
:
31
• '
FOR YEAR3 .ENDED AUG.
(Including wholly owned subsidiaries)
CONSOLIDATED.; INCOME ACCOUNT
$487,942
341,747.
341.747
.
;
--r—~
part of Chicago which v
the management believes will result eventually in additional production >"
of a substantial number of sets of automobile seat covers.":
v;
$1,123,114
1-
_
Common
*
630,573
o
expenses——
misc.
and
7
*194La'
*94?o«
$H» 120,282 $8,541,130.
8'597,9„2
723,185
—v
——
Profit from operations—————
Interest
satisfy the demand.
In this connection the
established another fabricating unit in another
to
.
Fruehauf Trailer Co. (&
personnel jto produce.the additional goods, necessary,
company has .recently
obtaining adequate
'
Mpnday,. December 2d, 1947>
& -FINANCIAL CHRONICLE,
THE COMMERCIAL
:(2660)
4
l
able
Dec.
1,
1947
1947. A similar payment was made on June 1, last.
Litigation,,,with regard to New York City real estate taxes
Nov.. 24,
_
binJia^net; recovery
giUMT)*48!
of
$3,164..
j.'.:;-'
/.
resulted
are pending to review the
All taxes have been paid ta date.
-V'v.
; ...
;: ■ ;
Proceedings
-assessment. of $1,000,000.
.8*5.1
I
Volume
COMPARATIVE
INCOME
OP
STATEMENT
FINANCIAL
&
THE COMMERCIAL
Number 4659
166
BALANCE
CHRONICLE
SHEET, SEPT.
30
CONSOLIDATED
BALANCE
SHEET
.
!
-
Six Months Ended—
'
<},,
*
Other
$103,962
6,41o
;.
income
J
ASSETS—
Sept, 30,'47 Mar. 31/47
\
Rental income
—v
$93,066
5,905
•>
-
receivable
Accounts
GroOs *income
--i.——:
--j:--"!--'--—
-
$110,377-
—
Expense and other charges--
.
71,281.
68,399
before depreciation and
$30,572
interest
on
debenture bonds—
—...r
$39,09.6
surplus.....;—545
adjustments"
16
Previous
Insurance
Refund
———-———.
Total
j.
—
invent,
Interest payable
,,
.
5,000
33,830.-
•
•
-
Due
N.
Realty and
'i——'——i
rent
AS
SEPTEMBER
AT
1947
30,
Sundry
•
;
ture
bonds,
interest payable
$1,081;
on
credits
first
(rent
security
mortgage.
receivable,
shares
no
withheld
$2,780;
for
reserves
for
reserves
value
par
tax
deposits),
$1,657;
$617;
of
income
on
Sept. 30—
stock),
Co.—Earnings-^:'
Subsidiaries!,)
A.
:
*
Capital
shares
Earnings
■
*Of
366,380
$3,697,772
—V.
166,
$9,533,932
Opcr.
:
Subs-^Earnirigs^-
feurplus
;
-
1
adjustments
arising
erties
-V.
in
from
transfer
of
nickel
prop¬
Finland
...
166,
2311,
p.
11,030,814
receivable
686,060
for Fed.
losses
installment
on
notes
Canadian taxes
and
stock
common
to
returns,allowances & dicounts 102,473,579
on
common
'
'' 8'66,136
■
.300,000
$1,607,257
997,480
$1.61
.
liquidated
prior
in
hand
on
stock
Invest,
years.
in
in
and
stk.
cap.
ma-
54,443,485
=45,068,893
159,349,191
124,496,710
8,149,966
5,090,324
20,336,283
13,906,766
939,156
3,186,547
2,772,978
7,903,679
6,527,001
23,598,620
2,781,332
2,163,659
17,717,609
6,051,229
repairs
3,114,792
Interest
debt
Peoples Industrial Bank,
adm.
&
and
t
exps.
of
amort,
disct.
&
7,328,868
1
*•
,
50,000
144,371
2,787,293 <
•
2,499,367
V
240,051
1
624,057
297,395
638,758
8,057,367
982.158
8,278,139
4,652,559
26,520,808
11,617,052
3,556.234
1,790,279
Cr2,662,023 Crl,218,254
8,305,859
3,249,110
Cr799,436
—
other
&
eign taxes.
from,
'
&
exp
S. Fed. & state taxes
Canadian
:
7,420,872
v
:*j 1,251,688
for¬
—_
...
Extraordinary
non-consol, subsid.
a
de¬
Depreciation
Depletion
•
notes receiv.
and
&
expenses
Sell., gen.
$2.93
V
——
freight
livery
banks———
of,
5,317,886
(other than in-
Outward
'BALANCE SHEET, SEPT. 30
receivable
notes
2,321,446-
1,075,788
and
Mainten.
281,257
1947
'Installment
1,575,573
—-
Pulpwood, labor,
terials,' etc. • •
U.
Cash
-
75,882,387 301,957,818 205,431,272
Cost of sales:
9.919
122,771
$6,797,453
share.^
^
*
4,159
~
preferred stock
CONSOLIDATED
V
8
904,201,
taxes)
common
per
Earnings
33/4^
(net)—
Total income
139,046
■
income
Other
*,
1947—9 MoS.—'1946
•; $
$ > vVf
.
,i'!
'
.
$
'
8-
;
AND LOSS
700,687
V-8
ownership planof subsid. company.
1
on
1947—3 Mos.—1946 '
1
$
v.-
______.8—
income
Net
(& Subs.)—Earnings—
CONSOLIDATED PROFIT
2,924,250
1,425,367
earns,
Dividends
2.632
982,800
$3.12
involuntarily
'
Taxes
/
$3,107,558
—
226,178
employees and others under
Minority interest in
Sundry income (Cr)
; 1,092,314
Perio4 End. Sept.' 30—
9,133,152
.
4,304,374 t
,
Interest paid (incl. amort, of deb. disc. & exp.)
Additional ' Compensation-;arising, from sale of,
the corporation's stock •
OF
Gross sales, less
income..
on
STATEMENT
$24,321,137 $17,212,183
dperatlons-____-_w_8--^-
notes
for
,^ International Paper Co.
>
1946
1947
,
(exclud. prov. for losses on installreceivable)^.—_
exps.
ment
Prov.
1150.
p.
Exchange
reserves
366,380
$3,533 254
997,480
ii.
inventories
surplus
8.212.500
Dividends
outstanding-
pulpwood
other
par)
surplus
Dr866,184
Household Finance Corp; (&
..$5,497,769' - $2,592,690
—
share——A
per
Capital
Earned
J5r21.031
9 Months Ended Sept> 30—
1^1946
3,511
2,086,700
_
39*.322
137,756
7.473,500
ASSETS—
...
(no
374,881
1954s outstdg—
151,750
fProv. for estim. excess cost of replacement--.•
profit
and
prefeiTed stock
stock
Total
-"
168,333
Miscellaneous other charges—
Federal income taxes (est.)..'
Net
:
reserve.—
insurance
cumulative
Common
-
income...
on
Contingent,
!%■
$2,440,939
m
—
1
i
"
payrolls
payable..
Rett!rement:system
171,649
deficit......8---,.—j.8—8—-————-
Prov.
■
$5,329,437
w_.
—
__
Total'income
28,235
sinking fund income debs.,
Total
:
/-■
i?1947
.
,
—
14,152,824
118,953,282
-r-V."166, p. 760.
i."
Y
Operating profit—$6',309,745
Provision for depletion and depreciatioh^-—-,i_
: l 960,308
—
54,112.
Capital stock ($1 par)...——.—
for amortization of
and doubtful accounts
$347; capital stock (3,383
$3,383,' deficit, $364,801;
V'-1"r'v-
Profit from operations
Other income
——A
Taxes based
151,935
debts
Including. Wholly-Owned
9 Mos. End.
-
5%
a
'r:
Great Northern Paper
13,286,112
12,766,589
118,272,638
———
.
dividend
341,155
8;
withheld—8
interest
v
121,871
Net
deben¬
accrued
contingent - liability upon certificates of .indebted¬
amounting to $101,490.—V. 162; p. 2818.
x >
ness
'■'1
15,912,601
44.,oo8,827
11.330,343
reserve
reserves.)—
payable and
Preferred
142,757
'27,598
——
Deposits and credit -balances..—_v—_——_
Debenture
102,656
192,410
174,164
—
tax
43,333
93,418
189,628
corporation.—^—.8——
on
retirement
Gross income from
NOTE—There: is
.
26 613,635
j4
o-,.«u,
.a
system
—
(less
42.560,339
14,285,095
reserves
bad
contingencies,
common
43,917
acciucd expenses..
Unemployment insurance taxes—c--..—
payrolls,- $403;
professional expense, $350; accrued interest on first mortgage, $725;
ether Federal state and municipal taxes accrued. $L,145: first mortgage
on real estate, $145,000;
20-year debenture bonds, $1,691,500; deferred
$33,830;
—
50,464,820
2" "afl.P"3
;
wuic.n.**,.
retire,
against
account
Accounts
Sundry
.
payable,
assets
reserves)
n.aiact,
LIABILITIES—
for
Co.
accrued or collected
taxes
Federal
ASSETS—Cash, $42,893; account current, management agent, $11,068;
rents and
accounts receivable, $853; land and building (book value),
$929,444;
goodwi.l, $520,713;
prepaid
insurance,
$924;
prepaid real
estate
taxes.
$7,525; prepaid taxes,
$349, prepaid expense, $4,257;
total, $1,518,026.
\
LIABILITIES—Accounts
tax
income
Terminal
the debentures..
on
Federal
$545
'
State
Y.
Interest earned
SHEET
bills
cost..——L
Total-———8—....8.
.
'Accounts payable—
1,667
33,830
Surplus at end of period———---—$3,991
BALANCE
held
below
'
$36,043
-
debenture bonds—..
on
Treasury
or
(less
or
cost
at,
...
t
$42,821
-
______
at
Securities
Other
securities
'46
;;
-27,653,584 ; 25,231;362
and
•—
LIABILITIES—
-'Total
Amortization of first: mortgage
incl.
securities,
receivable
Property
237
3,164
•*-■——i.
real estate taxes—
charges—
Accounts
10,300
415,687
x
notes
Government
102,030
6,896,399
10,300
364,877
__v———-—_--T_
tax
824,5"0
>
.
—-—J—-——
Short-term
5,174
-
,
on
——.
—--->
Cash
636,720
.
* 9F.080
——6,702,771
Dec. 31,
Sept. 30, '4
•'
v$')08,196
140,000
(net)--——882,171
(net)—
Deferred
.,-.
—~*-u——
Investments
'
'v'.
1940
762.4°7
Prepayments
Leasehold
Net operating profit
"■ ?'1047 'V
Inventories'
$98,971
,
&;1'
;;
and in bank?TJu-^jiJ—v $627,076
U. S. Treasury savings note's,250,000
Cash -on - hand
items
—
4.43G.729
". —at cost-.^—
Travel
Greyhound Corp.
9 Months Ended
Bus
•
(& Subs.)—Earnings—
Sept. 30—
"
'
*
r
"
miles operated.——i
-,t. ;'r
'.'i ;.
,V1
Operating
Operating
"
*
Claims
-v1946
348,413,343
Othei)
323,549,4
'
f
rei«enues
133,066,246
130,939,2
89,937,5
and
employees'
notes
and
refund
excess
profits
invent.; price
taxes
ccntribs.
adjust..
.
4,500,000
..
equipment and improvements
to empls.' savings-retir. plan
furniture,
16,716,492
—
—_
Fed.
of
receivables, etc.——
Prepaid
Net profit
Approp.-,to= reserves s for
ac¬
receivable C
for
tOffice
$
^^" 100,015.677
——
advances
counts
1947
carried
Balance
to
earned
Net
—
operating
Other
income
Tdtal
27,204.195
revenue.....
-—..
income
income
•
—.i.
taxes.....::
.
,
•
.
,
»
j
,
•
incom--
Earnings
share...,
per -common
^
3,085.7
$1.46,
—r
♦Includes
equity in net income applicable to
Pennsylvania Greyhound Lines. Inc., 50% of
the
voting
stock
of. which 4s
owned
by
Greyhound Corporation ———.1_
tAdjusted
for
V+-
for
3
•i
.
Gerotor May
1
stock
split,
June
5,
2%%
16,753,5
9,330.090
•r"
•'
^
•'
3%%
Cest
of
Operating
Other
1946.
$764,385
of
a
It
share).
is
declared
16
12,
12 cents each;
that
a
quarterly
assets
as
of
as
matter
a
11,
Dec.
in
621,030
190,218
for
of
$7,773,445
depreciation
$880,248 in 1946.—V. 166,
146,213,754 j 106,675,465
in
and
p.
1947 and $7,122,418 in
amortization of $985,456
1684.
Illinois Terminal RR.—Earnings
Period End. Nov, 30—
and Sept. 26, 27 cents.
;
>
policy no- dividend distributioa
1947,, were
be ;made, until the, final
•>
v
•*
'
:'
•
v
$107,327,000,
Net
Other
Fixed
$1,028,282
089,460
157,318
expenses
accruals..
payable
iy.
Continue Higher1947—11 Mos.—1946
$874,539 $10,826,218
$8,697,734
581.155
7,268,227
6,539,428
118,677
23,634
...
income.
oper.
Ay registration statement - has beeh - filed with
1,564,453
970,704
340,619
276,790
21,126 /
be
of
stock
common
by
of
shares
the
$1).
(par
will
capital
The
new
shares
additional
be
publicly
Co.,
to
the
bank
loans.
company's
general
R.
W.
The balance of the proceeds
funds and will be available
improvements and general corporate purposes,
working -capital necessitated by the company'6
Kansas
...
including
expanded
City Southern Ry.—Earnings-
oper.
Railway
deductions
revenues.
oper.
income
$111,523
ratio
$107,242
66.45
$1,139,902
$409,914
' '67.05
67.14
75.19
$51,179
...
deprec'ation
166,
$47,597
$540,707
$525,657
?
2311.
p.
Earnings—
Period End.
'
Net
':r:
.v".
' "f
(&
32,719,704
25,140,933
20,601,474
taxes—
tax accruals..
rents
(net)—
-V.
ry.
166,
income.
2104.
oner,
p.
$774,997
^
120,521,241
74,385,885
92,652,933
58,913,368
;
-V
Kansas
City
Power &
12 Months Ended Sept.
„
...i..
Light Co.—Earnings
1947
30—...
Operating revenues.—-,— -Operating expenses;
V':.
Gas and electricity purcha?ed
proft
Other income
$24,807,53£
...„•.....
...
.
for resale
Operation
:—-—■—
Maintenance
—
.
'
Hotel Waldorf-Astori
.
Total income '.1——-
Depreciation
Deprec.'p nddepiet ion
Period— '
4
food,
Frov,
beverages
and
for
Prov.
~
for
retire,
State;
system
^
contingencies.
Prov. for taxes based
:.i cigars '
18,052,109
Subs.)—
1947—9 Mos,—1946
i.
^
39,403,407
Operating
18,905,600
1,672,196
ry. oper.
oper. income
rents—net debit
facil.
Net
'g *•
I
expenses
and
1947—11 Mos.—1946
$2,606,202 $31,SG3,079 $27,585,173
Railway
"
1S47—3 Mos—1946
*
I.....---
sales
Costs
'•*"
Canada Ltd.
Co. of
.
Sept. 30—
•
income
Other ry.
Equip,
International Nickel
;
expenses
1947—Month—rl246
$3,102,154
1,601,641
...
Jt.
local,
State
income
_______——
and
miscellaneous
Federal
taxes
taxes..
Fed. -income and excess., profits;
taxes .payable;:.
974,8°J
10.068,63?
1,641.481
'2,168,53S
2,625,33^
58,57£
1,457,341
on
income
•Gross' income
...
-Oper
Other
Net
$12,696,161 $11,582,635 $16,451,523
Operating expenses................. ^10,339,606
9,108,057
12 792 814
Taxes, .insurance,-etc.—,
'488,798 449,720. «
620 836
Refund of real estate taxes (net)..';
Crll3,703",Cr259 637
—
'
profit
surplus
Earn,
carried
-
-j.:
•'vi^_'^^a^x__l'.J:_^--^i^>v.-lil40,000:"-; 1,143,863
the
debentures^^.^.^-
Amortization
280,256:307,969
<;;253,025
^4133,182
;■
.
income tax...:^.^.'
'■:v'•-
V'v-;«>.;•.:
■
-'
•'
■■
252,973
^
•-
'
121,665
■j-'.-'l,632*542
410,125
r-
ii w
337,143
:>>-272 611
surplus
.^4..;
7.062,572
7,344,346
•
23,522,911 ;19,556,009
beginning
additional
tax
of
$16,072
$16,072
for
for
thn
the
;
period
90,936,364
Totai:_::C—lix:
Preferred dividends-
hCommon dividends
82,265,305
97,998.936
493.4751
89,609,651
-v
.5,831,267 ;■
.
483,475*
5,831,267
87,105,5lO
v
110,628,421
82,683,127
102^39.133
1,450.4251% 1.450,425
17,493,802 Vl7.493.802
•;
t( •!
t :
•
Net; profit_C;-^---,;f^^^-^tX. $175,002 ^ ^^3- .g$6^,ft9o
%. ^Less'-allwances from1 rents hud1 hotel .servin&s • .andnoth^r.':bpe-taUnv'
Uncludes
Includes
of
v
veac
year
194R
1946,
.--
-'v.-
i
Earned surplus end of
; .;i.
.
periodt^^..^:^..^
Com. shares outst.'nd ng
Earnings
per
com;
income
income
(bef.
deduct, spec, amoxtiz.)- $o,812,739^.
—-—
105,008'
(net)———
^5,5f4,196
156,597
to
-,
income.
will
operations and sales, and for other corporate purposes.—V, 166; p» 2560.
Railway
income
♦Incl.
—V.
for Fed.
.
the SEC for. 185,000
the company from the sale of the new
be
applied to the payment of all of
will
outstanding
added
be
for
stock
common
$4,400,000
Federal
Prov.
and
underwriting group headed by Hallgarten &
an
proceeds to be received by
Net
1,884
charges
Net
on,
cur¬
underwriter
<fe Co., and Adamex Securities Corp., at a price- which will
determined by
the market
price at the time-, of the offering.
$157,870
income
Operating
Interest
shares
Joy Manufacturing* Co.—Registers With SEC—
r
shares
Net rev. from
Rent
with
—
(estimated)
Miscell.
Total
cents
1
offered
1947—Month—1946
revenues
oper.
tax
rents
Total
of
12
Pressprich
986,807
97,553
1947 and
losses
reserves
♦Railway oper.
income
sales
of
of
rently owned by more» than 57,000 shareholders,:
; Investors Syndicate,
Minneapolis, is- the principal
Investment manager of the Fund.—V. 166* p. 2104: •
period End. Nov. 30—
Net
dividend
1948, to stockholders of record Dec. 31,
exclusively from interest and dividend
1947
were
made
as
follows:
Jan.
21,
21,
derived
during
Payments
announced
is
Net
v
income
on
Jan.
dividend
profits on the sale of • securities - will
quarter of the fiscal year; •
> •
••
-•
-l-
par
——;
for
reserves
Railway
deductions
Dec.
This
from
:
tAfter
Railway
Taxes
on
payable
directors
share,
income.
value < issued at a
$10 each).—...—L_______
no
-
Other
quarter
April 12 and July
$1,138,296
Net
Total
$5.78
balance carried to earned surplus earnings per sharei
and $9.79 for nine months.—V. 166, p. 2419.
on
for
2558.
p.
profit
income
of
value
♦After
...
*$11,92
1947.
company........
surplus
1,020,1
••••*•
sold
Operating expenses
subsidiary
(par value $100
stock
stated
Sept. 30,'47 June 30,,'47
goods
$2.51
$3.36
The
"
'
1971.^.:—
stk.
pfd.
Earned
income.
*$4.63
*Computed
per
.
Total
'
3,560,000
| Investors Mutual,: Inc.—Declares 12-*Cent Dividend^-'
taxes
Capital 4 surplus:
Period—
operating
1,
Dec.
Common
3 Mos. End. 6 Mos.End.
Gross
prof,
—————l!—
liabilities-^.
current
Minority interest in
Corp.—Earnings—
'•
income & excess
payable
Res. for Canadian exch. flucts. & other conting.
'*
882,453,
21,252,904
3,560,000
l.
——
Canadian
sinking fund debentures:
.'
July 1, 1970___^_
—4——_——-l
Due
1
f$l,
1947.—V. -166,
35,535,535
3,560,000
are
.
Due
v./'-''..''4--.:'-v.".'--'
'
payable
and
Miscellaneous
540,1
5.075,5
"
9,161,847
3,560,000
...
«
__
Dividends
14,428 3
13,839.825
...
12,216,492
expenses..
LIABILITIES—
Fed.
897,3
3.871,730
Common shares
and
,
37,694.6
473,071 v-
Minority interest —I.:..—
♦Net
Total
-i.
2,358,4
•
728,755
11,358.561
discount
5 666,2
^,
,30,271 942
is
taxes..'—
debenture
Common
Notes
i
„_.r
dcduct'o
Federal
Unamortiz.
35,336,5
.3,067,746
....
income
Income
State
5,846,373 ?:
—.
surplus
shs. outstand.
Earnings per com. share
expense
Depreciation
c--\
v
v-7
91.684.194
83.°94.909
14,384.023
14,384,025
share v'- H;$0,451**^:: $0.47
91,684,194
i
83 294.909
14,584 023 "14,584.026..
^..$i.5i.y
-$1.24,
amortis,)
$5,917,747
Interest orr long-vterm. debti-—---:*-:-^---^-.^^
Amortization of debt disct.-, prem.; and exp
1,118,889
? >■
Grdss
income .(bef,': deduct.-:
spec,
♦Special amortization —u__--—
General interest (jiet)t—
Miscellaneous < incotne deduct!,
305.906,,
$5,670,793
1,425,000
102,479
690,757
.I—
Crl4,640
Cr 1'8,658
114,451
139,072
Kennedy's, Inc.—Earnings—
9 Mos. End. Oct
Net
Net
sales
of
income
Federal
Res.
taxes
for
31—
^
departments
all
after
on
charges
——
-
for
278,744
income
Net
395,984
$3 ,100,085
653,559
384,990
90,000
.
shares
outstanding-™-—
75,000
25,000
145,000
145,00Q
$364,793
plan—-2-----
Income
Common
1946
1945
25,000
contingencies,
1942
trust and
1247
> $11,039,758 $11,230,304
903,537
1,212.042
profit-sharing plan—
^Employees profit-sharing retirement
Res.
>
$571,058
$243,569
150,000
150,000
150,000
25,000
the Plans.—V.
share..N_-— '
166, p. 950.
$2.12
McQuay-Norris Manufacturing Co.—Earnings—
"
"Nine Months Ended
accounts receivable (net), $589,713; in¬
ventories (at lower of cost or market), $951,605; cash; surrender value
of life
insurance on officers, $30,811; investment in inactive subsi->
ASSETS—Caslv $578,991;
$303)'- $1; -sun¬
machinery,
equipment, and fixtures, etc. (after reserves for depreciation and for
amortization of emergency facilities of $1,574,118), $605,663; patents
and trade-marks
(nominal value), $1; prepaid expenses, and deferred
<1:9 RHfi
tftficl
«10R QT1 •
tree
'J
„
t
'
I
'
$l;926,676
\ iv
$202,078; accrued real estate and personal prop¬
erty, etc., taxes, $38,166; social security taxes accrued,v $6,642; lease
rental
accrued,
$80,556; salaries, wages,
and commissions accrued,
$96,775; interest and insurance accrued, $32,921; sundry notes pay¬
able, maturing 1947-1951
(not-current), $43,271; first mortgage loan
(non-current), $360,000; reserve for contingencies, $96,000; common
stock
(33Vh
cents par value),.: $262,092;
paid-in surplus, $403,655;
earned surplus, $904,915; total, $2,886,832.—V. 166, p. 856.
Earnings
"Net
Operating
$7,086,584 $12,668,636
2,899,320
6,035,989
>'310,814
622,441
605,643; ■>;>' 415,548 . 744,343
654,500
625,300
839,200
t—.
retirements-.;
for
Provision
Provision for Federal income taxes.
Taxes ether than Federal income—
income
Other
Interest
Net
.1
debt
(net)
deductions
income
income
—
166, p. 761.
Oper.
■%"i;
Net
income:
oper.
Other
'
1
$203,560
9,392
(net).
inoome
$175,379
10,932
•
■
Gross
Int.
&
^ 1947^12 Mos.—1946
.
$807,559'; $3,472,318
632,180 > 2,579,132
$900,079
696,519
taxes
&
Co.—Earnings—
1947—3 Mos.—1946
revenues-
expenses
$0.73
' .' v.\
,
District Power
Lake Superior
Period End. Sept. 30—
Operating
$0.54
;
.
$1,782,791'
81,327.228
.$0.55
$1,312,884
shs.
———
Earnings per share on 2,433,620
—V.
■■
$2,924,589
2.195,434
_v
-166
' $145,919
1356
p
Adm.
•
^'1947
expenses——
:•
leases
etc.
Net
Eornings
$1,016,466
$0.34
$1,112,632
$0.37
share
per
Net
-V.
412,206.:^334:104"^
72,349
141,818
79,754
Federal-taxes—-*.—
taxes—-:;
Other
* 1347—12 Mos.—194S
Prop, retirement res.
'
I.——
88,000
80,400
21,413
21,842
256,958
revenues—
' $207,562
$168,205
14
14
utility
of
acquisition
Net
oper.
others
to
;
256,C58
$2,352,303-: $2,556,858
;
127
Dr2,173
incomel
Operating
(net)
income
Y..
Amort,
and
expenses
to* construc¬
chgd.
Dividends
Kremer as General Traffic Manager
announced on Dec. 16 by II. C. Grout, President,
1948. He will succeed G. A. MacNamara, who
on
that date becomes V ce-Pre6ident
(traffic). Canadian Pacific Ry.
Co. at Montreal, Mr. Kremer at present is General Freight Agent of
the Canadian Pacific Ry. at Chicago.—V, 166, p. 2312.
$108,81
$167,970
income—
applic. to pfd. stock for
of
the period
166,
2560.
p.
Common Dividend—
share on
the
common
stock, par
of record
Dec.
31.
Payments in 1947 were as follows: Jan. 15, $1.15;- and
April 15. July 15 and Oct. 15, 50 .cents each.—V. 166, p. 1790.
directors
The
Forbes
&
MacAndrews
Dec.
on
the
Co.—$1
Operating
$8,380,883
eral
f
436,457
Net
546,10:
Other Jilt,
Int.
liabilities
income
at
of
taxes
the
1947
same
and State
date
last
and $6,011,451, respec¬
year
were
$14,089,222
-
directors
'
*,
Stores
v
—v.
.
on
Dec.
Common Dividend-
Co.-Extra
the
usual
With
the current
fiscal
compared
Jan.
year
with
;
$136,389 $2,428,997 $2,432,018
31,250 •; * !' 445,597;.' ' 375,000
adjusts.—
21,593
9,239
18
declared an
extra dividend of 50
:
payments,
ending
a
total
.
total dividends on the common •
Jan. 31,
of $1.70
537
69,772
12,406
*$1,652,668
$1,713,033
266,8'56
266,856
—'
653 v
--1
—1™—j. $1,385,812 $1,446,177
1483.
t,
Co.—Earnings—
End. Sept. 30—revenues—
31, 1947.—V. 166, p. 2312.
1947—3 Mos.—1946
$236,839
$206,410
oper. expenses » taxes _J9M55
'69,607
$39,884
$36,803
cents per : ;' "" Net oper.
ihcome__i_"
,
stock for*; Int. &
.': ' •
wi'l amount, to $2 • per share;-;-share for the fiscal year ended
1948,
per
:
'
259,116
> 97,275
$90,635
$74,844
applic. to pfd. stock for Jhe period—
166, p.
Operating
141,388
construc¬
to
Missouri Edison
•> Period
259,116
21.593
9,225
quarterly
.
the
$2,426,748
5,270
plant
dividend of 25 cents per share on the:; Other income
common stock, both payable Jan. 31 to holders of record Jan; 12,
1948..s;
A similar extra distribution was made on Jan. 29; 1947.
'
'
■ Gross inccme
and
$2,427,979
1,018
6'
in
McLellan
share
$136,383
and deducts._
'Balance
-
post-war plant expansion have reduced; (. working
capital but have brought fixed assets to $9,649,600 as compared with
$4,427,000 on the corresponding date last year. The company has made
no borrowings to date.—V. 166, p. 667.
The
$173,073
> """"r: 42
income
Net
Dividends
tively.
Investments
789,000
(Cr'
$9,093,121, against current
including reserves ior Federal and foreign
and other taxes.. The corresponding figures
assets were
current
$5,485,244
utility
chgd.
tion
purposes.
30,
942,000
on
of
acquisition
$960,244 $2,552,768 $3,041,500
Profit per share_™_^_
$i.'46
$1,84 ; > $4.88 • $5,82
"But after providing for reserves for all other taxes and for other
$763,330
profit
Sept.
74,030
income—$173,115
mtge, bonds
51,615
Interest
Amort,
At
>' I
'
income;——i-—
Gross
taxes
Net
>
80,000
revenues
oper.
Other
Fed¬
all
or
—
retirement reappropriation—
serve
1,506,34'
Fed-
taxes
Provision
taxes
Property
$7,502,21!
1 *
-
1,199,787
all
before
eral
revenues-—-
taxes
Federal
Co.—Earnings—
1947—Month—1946
1947—12 Mos.—1946
$1,168,319
$961,984 $13,841,943 $12,007,530
729,345
579,957
8,085,645
6,721,591
104,263
102,435
1,401.174
1,294,717
81,633
69,209
....
985,145 : I, 775,474
30—
1947—3 Mos.—1946
Net sales
"Profit
1,
Operating expenses
Other
30—
Jan.
Period End. Sept.
Subs.)—Earnings
McCall Corp.
Period End. Sept.
of
es
Mississippi Power & Light
18 declared a dividend of $1 per
$10, payable Jan. 15 to holders
(&
Line was
Soo
effective
Balance
-V.
will sell such shares
depositary
appo'ntment of. Walter W.
The
Net
}
.
the
1947,
Appointment—
New
(Cr)
tion
31,
Dec
deposited stock represented by outstanding scrip certificates, series
A,
and will deliver to the holders of such certificates proceeds from
the sale of the stock together with
accrued dividends as applied to
the fractional
shares represented by the scrip certificates.
of
mtge. bonds
of debt discount
on
Other int. and deducts...
Int.
after
said that, the
completion of
certificates.
definitive
and
On
exchange for
11
w
engraved
income
Gross
Interest
of the vot ng trustees. :48 Wall St.,'New York,
York,
be prepared to deliver stock certificates in
voting trust certificates on and after Dec. 31, 1947. He
ctock certificates will be in temporary form pending
N.
Other
Grout
Mr.
of
as
in the company Instead
said- that Bank of New
r'g'nts
vot'ng
leased
plant
from
Inc.
2,030,680
1,079,400'
p'.ant
adjusts.—
appropriation
Amort,
has
reorganization on Sept, 1, 1944, will
the end. of this year; it was announced on
Dec.
22 ov
FL C. Grout. President;
Control of the company has
been held by five voting trustees consisting of Mr. Grout; Homer B.
Vandeiblre, Dean of the School of Commerce at Northwestern Uni¬
versity, Evanston, 1:1% Hsnvy S. Kingman, President of Farmers &
Mechanics
Savings'" Bank, Minneapolis;
George W. 'Webster, Min¬
neapolis. former 800 Line President and reorganization trustee; • and
Henry S. Mitchell, Minneapolis attorney.
.- >
Although the vot ng tru.-t would not have expired by its terms
until
Dec.
31,
1950.
the trustees were empowered, by unanimous
acticn, to terminate it pr'or to that time, and such action was taken
at a meeting of the trustees recently held
in Minneapolis.
Effect of the trustee's action will be to give to the stockholders the
held,
terminated
be
$1,114,750 $14,734,699 $13,465,702
643,611
8,148,712> 6,902,222
128,763
1,980,378:
742,492
,
71,923
916,943 ;;/ISIG,492!
$1,360,663
822,116
ail of the stock of this compiny
voting trust under which
pinee it came out of
The
Ste. Marie RR.—Voting
Expires Dec. 31—
Trust
Light Co.—Earnings1947—Month—1946
Period End. Sept. 30—
mortgage loan.
Minneapolis, St. Paul & Sault
b^en
Operating r:venues—_
Operating expenses——i
Bros; Brick & Tile Co., Augusta, Ga.—Bonds
Privately—Johnson, Lane, Space & Co., Inc.,
privately with an institution
-Merry
$500,10J 15-year 3%% first
in 1947,« $458;4C9 in 1946, $87,324
1945, and $68,712 in 1944.—V. 166, p. 1581.
Louisiana Power &
p. 951
Placed
$419517
$470,433
>:• $0.14, >. -j S0J6
"Includes other income of $85,181
in
i—:
income—
166,
Savannah, Ga., has placed
$542,782
251,823
—_—
I
income.-.—v..
Gross
Income deductions—
1.9.44'/
$955,924
29,038
$671,340
79,163 -
75,224
profit
>
$1,095,626
$1,187,856
depletion.
and
Utility operating income-——
income—.
Other
....
:727.956
732.464
Profit
Deprec.
• ■.
—
^
1946
lease rents,
aban-
exps.,
taxes,
doned,
Earnings-
profits taxes.
.
$676,9172" •' $470,232
> /-9'Vv
$1,850,494 $1,111,733
26,909 vri~/'28,138
$1,959,442
39,122
& gas income—
Operating
Executive Vice-President, pre¬
of at least 50% is antici¬
.
Exploration Co.-—Earnings—
30—
3 Mos. End. Sept.
-Net oil
$132,226
s"
Louisiana Land &
$64,190
$0.13
£ * {
$186,310 :> $«32.833
$773;332 -'vOperating 'revenue deductions..—..—
54,084
255,915303,100^•^•Federal income and accruals.
Retirement reserve excers
—$212,951other deductions
67,032
income
income
1
increase
^'-.v -'' ■ Maiftc . Public Service
$729,05o
•
,
^
-'•39,647flV"^^^44,277:^>^:T^!tw^!5s Ended:; Sept;
V, -Opera.ting..-rftveniies.
•
-
Net
1256,
p.
Freimann,
another
$393,186-.
<r:.
---
.
Still
Dec.
on
.'oWj.v
J
$3.47
19'45
pated for 1€48 over 1947, he said/.
With, nine weeks to go .before the company's fiscal year closes,
product'on is more than double last year's and the company still
-is unable to meet the demand for its products, he said,
'<•
,
, ,
In
1948
Magna vox will start adding several hundred new dealers
in
ccmmumt.es
where it new has no representation and also 'will
enter the. exoort market, heretofore" sacrificed In the interest of 'the
domestic
demand,.! Mr,
Freimann' announced.
Two new plants at
F adocan.
Ky.,, and. Greener, lie; Temu,: will go into full production
during the year to make the expansion program feasible, he said.
tea.es
ui
the
company's Ulu.stravox Div S on have increased'100%
over
1946, Mr. Freimann said, while radio parts division sales-have
risen
approximately 50% over last year.
The radio parts division
manufactures -loudspeakers
and condensers for other companies in
the rad o industry.-r-Vj"466,
p.
1482.
<
$2,212,443 ''$1,903,310> $2,898,874
783,323 >> 569,063:
973,Oil116,236
7,019
.> 143,072
—
funded
on
Other
——
—
income
Gross
166,
353,323
SEPT. $0
1946". '
€o.—-Radio-Phonograph Sales Up—*
Frank
year,
23.
pre-war
any
$2,874,477
24,397;
—_
charges.—V.
Magnavox
.
•
$1,227,220
$533,908
$1.46
$280,H55
$0.74
,
and
taxes
(The)
1,492,186
> 937,628
1,158,411
$2,190,827" $1,897,974
21,616'."- .: .'. 5,336
revenues-
-
i,
Radio-phonograph sales of ;this company in the current fiscal year
11 double those of last year and will be ten times greater than in
•
w
dicted
operating
Net
'
■
pvof.it—>—
"After
502,492
;
'
Earnings per com.mon share-—.
$9,856,718
4,744,845
revenues
Maintenance
'
'
;
;.Tr
u
QUARTER ENDED
:
1947
■
THE
FOR
EARNINGS
...«
i
312
282,281
788,200
;rt
$047,563,
355,931
- $2.66
___■—-—_
-
chare-'-—_s—
common
per
■ M> "
$2,356,612
•.«■.').<
y.
\ >
outstanding
Commcn. shares
.
Operating expenses
requirements
dividend
Balance for;
.>,
"■ ■.
1
-^-'_iv,;:$l,001,08a. 31,283,820
53,525
58,600
NetiJncome——
Preferred
9 Mosv'4G 12 Mos, '47
9 Most '47
:
'
Co.—Earnings-
Light
Gas
Laclede
•
12,444
—253,996
-----— >)
659,629
1—
75,000
—
income taxes-,
contingencies—-!
V
Period Ended Sept. 30—
$2,002,156
:
income taxes,
Federal
laxJ—1:2
Prov.- lor.
■
■
.
for Federal
Prov.
$2,331 JL49
25,463
v'
' ■
-
deductions
Lxci.e
payable,' $237,342;
$16,785; accrued
loan (current maturities),- $40,000; accounts
employees" income and social security taxes withheld,
■
.
-jneome:.;-_^£w.——
JTotai
V
v
.
75,480
incomei.2t.'2—————/
Other
'
2,460,881
3,498,941
■;
V
$15,633; first mort¬
(current)
payable—sundry
LIABILITIES—Notes
"t
1946
1 HI
^
,
telling and admin, expenses——
WarehffuJng,
Other
gage
Sept.. 0—
Sales, less discounts, returns-anil allowances™. $18,177,659 $15,359,479
Cost of -goods 'sold—-cu— iiv-!-—: 12^752,042" 10,567^449
$1,000; miscellaneous investments (less reserve,
dry loans and accounts receivable, $2,077; land, buildings,
diary,
/.ho,
$3.49
$1.31
NOTE—Reserves
for payments /by
the company under the 1942
Profit-Sharing
Flan
and the Employees Profit-Sharing Retirement
Trust and Plan are shown when the Net Income after Provision for
Federal Taxes
on
Income has exceeded the Base Sums required by
Earnings per common
'
JULY 31, 1947
BALANCE SHEET
-
Monday, December 29, 1947
CHRONICLE
COMMERCIAL & FINANCIAL.:
THE
(2662)
6
other deductions/-
'
Net income ;—__—
—v- 166> P. 856. .. ,,;
199
$40,083
12,368
;
$27,714
~~—
218
$37,021
12,434
-
$24,536
;1 v/,'»
Volume 166
Number 4659
THE COMMERCIAL
-'Montana "Ito
;; ■"
f*
'
:
"<('4'
:"
'
1947—*12 M,0".—1 ": 4s
Operating revenues-'—-—
.Operating expenses——.
Federal
taxes_:
461,423
'
—
257,814
Other taxes—.——
207,154
'Prqperly j-etirement and
125,000
1
125,000
' '
\
*
.
1,500,000
investments
tAmort, of utility plant
acquUtion adjusts
Net
oper.
Other
revenues—.,
income
$541,467
,
1_
(net)
$7,647,070
$p41,878
5,886
income--'
3,760
Interest
cn
Interest
on
mtge.
bonds
$29,719
$165,862
$209,110
2,954
19,029
64,174
136,856
$3,f 07,142
316',027
,225,163:
f
?, struction
150
2,384
1,030
300,972
$3,317,506
rev._
Operating revenues
Operating-expenses •_■—_
Operating taxes
$8,290,394
(Cr )*^ I:——J
51,433
11 245
'•2(9.77
$452,757
Pacific
Net
-
$443,623
$3,283,213
$5,257,316
Dividends -dpplic.': to ,pfd. ;stoclc. fdr the period—
957,524
1,080,294
1,085,401
10,619;633
operating-inctJine-' $1,015,296
after
charges——-
—V. 100,
-V.
$1,102,385
1,072,996
887,889
'
11,252,776
$9,966,810 $11,364,545
9,826,106
11,213,000
$4,293,782
Grcsi-
Prov.
For the week ended Dec. 19, this Association
reports electric out¬
put of 1C,334,424 kwh. This is an increase of 1 337.928 k\vh„ or 8.89%
above production of 15,046,496 kwh. for the corresponding week a
year
Gas
.
output
This is
:
...
for
the Dec.
week
19
is
reported
increase cf 38,762,000 cu. ft. or
CU. 'ft.
for the corresponding
an
198,413.000
Amort,
Fed.
at .237,178,000
cu. ft.
above production of
19.53 %
week
year
a
New Jersey
ago.—V.
106,
Gross
Zinc Co.—Earnings—
1947
1946
1"45'"":*• '
$1,851,681
$1,303,194
150,2:. 4
—
125,32'3
$1,5.15,535
Total inc.
from
$2,001,975
oper._
$1,4"4,520
457,252
403,292
$1;614,367
on
of
debt
95,670
•127,487
24,935
$1,982,535
$1,102,042
Proceeds from pats.,, etc.:
Total
income
—
Reserve ^for^confting;^
Res.
for
and
addtl,
sal.
(par $20.), issuable in series—
stock
59,449
$6,141,761
966,469
966,469
80,541
$522,943
$496,869
66,268,238
one
for
$1,732,535
paid
third
75,000
sh.
per
'^After costs, taxes, 'depreciation
>expenses.—V.',166; p. 1257. • <
,
and
,
225,000
.
$0.56
$0.50
and
1
other
,V
1947—Month—1946
Gross Income
U.
S.
$8,374,840
income
Other
taxes
operating
Net xy. oper.
Net Income
'Includes
' 183,700
•
455,221
income
397,085
4,966,577
New York
Operating
4,066,233
828,181
9,126,349
7,249,866
5,291,761
Power &
for
and
1S46
May 3,
Operating
Other
cost
Income
\
Net
—V.
2,886,000
4,122,083
$3,829,772
$5,365,330
$7 382.960
Drl0,254
Brl5,437
$5,355,076
$7,367,473
T,038,737
1,477,341
1,503,034
$4,726,371
$4,266,339
$5,890,132
$5,512,808
1947—9 Mos.—1943
$13 412.405 SLl-.n^ pni
___
9,860,033
la.2u0
696.800
376,522
433,145
529,780
•
633,305
water
charge
1,319,268
1,439,620
1,662,452
1,820,563
1 751(630
2.4S5.933
2,203,343
1,891,656
Cr!23.885
income—
Cr44,953
CVT50.693
of. 7%
share
$2,519,745
$2,540T33
>190,231
$2,659 140
1,030,388
$2,731,170
1,066,108
$1,628,752
SI,-665,062
$1,274,558
..
4,425
new
Sept. 30-
1947
par
,
revenuesOperat., maint. & deprec.
9 Mos.—1946
~
taxes.
126,790.188
558.466
1,319,268
.1,439,620
II,119,$72
'
ore*
'
income
'62.558,210
613,985
; £32,700
1,820,563
734,373
1751630
16,002,176
.
alnd
,
.Crl50,693
.
Cr78,5H
Income
19,815 745
25,565,629
27,834,283
137,607
131,169
deductions
4,616,623
Diy,
•
requirements
stocks
pfd.
of
14,451,393
19,953 352
,,
5,553,486
14,354,866
25,696,<798
6,536,333
subs.—
income
Reservation
come
by
of
19,160,415
2,157,015
a
.
net
,2,312,524
2,876,020
12,294,378,
12,082,342
16,284,395
subsidiary
requirements
■:pfd. stocks of
•
.
—V.
Balance
166, p.
_•
360,000
:':•✓••
360,0tf0
480,000;
on
corp.—
to
.first
the
directors
be
of
of
proposed
Ohio
outstanding
preferred
all
company
the
would
stock.
the
Upon
which
Sand
common
has
of
the
public
of
the
proposal,
33,180
shares
preferred
of
accumulations
on
paid
the
stock
and
33,600
new
shares
of
dividend of $5.25 per share
first preferred stock to holders
arrearages
the
on
issue
to
•
of
1947
14,452,355
748,000
1,818,019
1,818 019
2,424;025
2,424,025
1.0,116,359
9.904,323
13,330,370
11,280,330
2561.
option
to
option
was
:
and
products; and: merchandise
revenue from nfchei" qpers.:/ "
$7,305;641
"
.
.
dated
125,000
the
was
commenced
of
the
operating
oldest
operations-—-———
Prbvi^cM '(for
-
'Fed. . taxes
share
Pacific
.
>
3,922(074
407
ihcome
on
$454,772
—
'Coast
•
:
27.4,000
'
3,089,978
$148,738
19,648
$377,483
-»
V ment Corp.
128,500
2,679
surplus
and
other
adjustmehts '
Surplus and other .adjustments
—
Net results lor periodCommon?/shares outstanding—__
'■Earningsjper "common share_:—_
;
—
i."
-
$178;45S
St.
and
Louis)
under
/ : 4124;531
$391,055
70.000.
$0.02
-
45,676
$198,750
31,937
$170,207
:
.70,000
$230,687
.$$1.68
$0.31
70,000
VBased vo'h :the
net' profit. before surplus and other adjustments
and is after dividend
requirements on the first and second preferred
shares. r fEarned per second
preferred share after dividend requirementgr on thd -first preferred shares.
j
:
I)ividehd iPiyraen^
E, I.
Held Up—
Clarke, Assistant (Secretary-Treasurer,, states that the dividends
on
the
second
preferred stock and on the common stock
declared
lease
a
with
pursuant
to authority received from the
February, 1947, and those properties
in
exceptions
entirely
in
pertinent
interstate
to
carrier
ICC
of
ICC
an
the
consoli¬
general Ireigh't,
operating
commerce.
'Over
The
company connects with other motor
terminals in San /Francisco,
(Oakland,
50,000
carriers
at
its
principal
Saoramento, Los-Angeles, Salt
Lake "City, Pocatello, Denver, Kansas
City, St. Louis and -Chicago; and
at other points on its lines.
Company originates on its own lines
abotiif 78'« of "the 'tonnage 'harfdled. 'the balance
being received from
other carriers.
It originates .and .also delivers on its
own
lines about
54%
of the total
COMPARATIVE "STATEMENTS OF INCOME
(Incl.
subsidiary,
International
Terminal
Co.,
Operating revenue
maint.
and
Depreciation
Net
1946
$4,172,560
$5,948,961
5,735,319
319,602
61,652
3.884,302
5,517,714
158.238
245,101
32,403
48,580
$685,721
$97,612
$137,566
taxes-
;
Fed.
Income
income
in
;
minority int.
profit
—
Balance,, income
sale
on
of
Federal
ttLX-Ci.*.
,
and
taxes
consolidated
capital
;
assets,
tax
280,322
41,707
51,153
$405,399
$55,905
$86,408
—_
;
income
Net, income
net
thereon-
7,050 !
80,567
90,573
$412,449.
—
UNDERWRITERS—The .names
stock
common
and
the
number
$136,472
$176,981
of
of
the several underwriters of the
shares to be offered, are as follows;
•/'.. /
;////:;'./ No. Of-Shs.
Mitchum, Tully
Co
7,552
Schwabacher
&• Co
No. of Shs.
Irving Lundborg & Co
Henry F. Swift & Co
4,009
Brush, Slocumb & Co
—V.
Cal. Year
1946
$6,802,294
—
exps.
f
1947
/
and
..1,009
1,000
2,000
166, p. 2422.
Producing
&
Refining
Co.
(&
Subs.)-
Earnings—
Period End. Sept. 30—
Gross
oper.
Cost,,
oper.
and
exp.
depr.,
lease
1947—3 Mos.—1946
income
$1,613,515
$5,969,458
$4,103,247
1,720,136
1,289,753
4,475,544
3,520,841
gen.
taxes—
devel.
depl.
costs,
&
undev.
etc.—
exps.,
1947—9 Mos.—194G
$2,485,031
chgs.,
gen.
Net
320,070
184,657
715,711
527,763
$444,825
income-:
oper.
Non-oper.
Total
incojne
$139,105
$778,203
$54,638
Fed.
Dr7,212
charges
income
15,201
13,448
100,060
$437,613
—L
Non-oper.
$154,306
$791,651
$154,6?ii
86,419
29,870
151,455
93,712
v;
taxes
Z
(est.)
100,000
Profit or loss from oper.
of constr. sub. James
&
Co.
Inc.
Stewart
&
Corp.-
Cr48,355
023,732
Dr30,394
Br584,440
Prov. for losses in invest,
sub.,
Miller Marine
Decking,
Port,
Inc. —/
of profit applic. to
ints. of James
50,000
v.
188,503
minor,
&
Co.
Inc.
James
Stewart
Profit
transferred
Com.
shrs.
&
Corp.-
4,863
0280,825
to
surplus
$399,549
outst.dg.__.
share—
per
$93,305
$509,801
1,448,422
$0,27.
*
935,922
1,448.422
$0.10
$0.35
CONSOLIDATED BALANCE SHEET,
.accounts
$1-216,110;
U.
*$431,133
935,922
VK Nil
■3.;&//
ASSETS—Cash In -baviks
$34,156;
and
receivable
.on
(less
hand,
SEPT.
$1,504,537;
reserve),
30,
/
?/•//■/;•//://
1947
notes
$1,701,426;
receivable*
.inventories,
S.
Treasury certificates, $75,071; investments and ad¬
vances, $218,370; property, plant and equipment
(less reserves for de¬
preciation and depletion of $5,186,904), $5,472,956; other assets and
deferred charges, $457,068; total,
LIABILITIES.—Accounts
$11,679,694.
tpayable
and
aca'ued
liabilities. $1,592,940;
long-term
debt—amount due within one year, $683,640; provision for
Federal taxes, $250/405; long-term debt (excluding amounts due within
one year), $3,819,980; notes payable to surety companies by the Stewart,
companies, $664,33 7; common stock ($1 par), $1,448,422; capital surplus,
$2 369,082;
earned
$11,679,694.—V.
■
*
/
'A?/?./
:
Consolidated)
9 Mos. End. Sept. 30
Oper.
/•;
-
tonnage handled.
*Loss.,/^^|'/>|^;p/^/
212,603
'
lines
1926.
with '
authorizations, and
shipments are
carried per month from some 5,000 different
shippers to several time.* that mumber Of consignees.
Company's routes are in the states of
California, Nevada, Arizona, 'Utah, Idaho, Wyoming, Colorado,
Kansas,
/Missouri, Illinois and (Indiana.
,*r
si
operates
Earnings
Profit/'befoie.
in
the properties of
rights between Denver and
Denver
those of the company.
line common
usual
earned
4,559
truck
began
47,554.
\
Ce-
—1,913
such
predecessor
company commenced operating
Lines (holding operating
between
exercised
wi'h
and
The company is a truck
the
in
$4,070;812 -$3,467,461
"/
..
6,850,869
,
1945
.
83,722 sns.
shs.
incorporated in Nevada
by purchase the assets and business of
acquired
Operation
purchase;
Stewart
10,040,534
/ 3,576,066
1944,
and
James
;
Outstanding
,255,377
companies
C.' Truck
&
Stewart
1946
'
thereof
the
of
a
15, 1947, which reduced
share.—V. 165, p. 1319.
the
of
"nas22'no
subsidiary——
BUSINESS—Company
1940.
Intangible
the
consummation
accept
been
Co.
hands
outstanding
Nov.
per
Profit Trom
23,069,015
18,028,421'
AND
Panhandle
plan,
River
in
stockholders
have
convertible
.
:
in¬
'
Div.
•
on
•:"r-
Net
value
par
234,732
19,068,016-
i- Balance
$10
Louisville,
to
:
.
.
of
value -6.%
Minority
19 116,'8 24
—.
new
"Any
-^Cost. df .goods.sold, 'operating expsM
/depreciation, depletion and taxes
14,691,894
.
Br48,808
income
cumulative
the
par value common stock.
Dec. 1, 1947, the company
account
Sales
.
-71601 761
■
■
Gross
said:
have
Bor.d and /other interest■ • (net)
Cr44,958:
of
9 Months Ended Sept. 30-t—
.;
:
Crl23,885
income
shares
opposition
-reported
assuming
record
$48.83
115,726,340
i
;. 434,916
appropriation—'
Operating
Other
10,995,200
■
6%
pacific Coast Oo. (& Subs.) —Earmngs--
71,943,328
7,163,800
12,122,985,
Emergency'diversion
■{'
46.279.847
8,449,000
.Other: taxes
serve
86.332 392
54,128,899
Fed.,1: income profits tax
Canadian income taxes:
N/Y. State .water charge
value
par
1947- -12 Mos.--.1946
95.447,107
_
$20
sale
terminals
■rminals(oblt-
$10
cn
-Earaings—
will
the board of
are
and
On
$
Operating
announced
company
$20
,S2;308,403
>
two
President,
plan
shares
plan,
(& Subs.)
and
There
of
Niagara Hudson Power Corp.
Duffy,
has
new
% Net income
—V. 16G, p. 2561.
preferred
(2)
of
stock, par $20, in exchange for
stock, par $50, plus $50 per share
-v
H.
Ky.,
$3,534,857
1,225,364
"
first
shares
preferred
stockholder
objecting to the
right to vote his objection
and
within 20 days after the
meeting to demand an appraisal of his stock,
and the new company must
buy in that stock at an appraised value."
Thomas Gralrfem, President of the Bankers
Bond Co., Inc.,
195,362
$1,825,870
7Va
j
.
.
year)
1940,
1.
Chicago
of
Inc.
J.
$3,338,995
139.3S5
„551,312
dividends;
ill
fund,
conversion
con-
Reorganization—
in
approved by
$1 841,430
income
income
follows:
as.
an
within
Int., exps., etc., deducts, (net)—I—
■
sinking
Co.,
Cr78,511
Drl5,5C0
deductions
Federal
:
,
plan of reorganization, it Is .proposed the. merge with this
its- subsidiary, River Coal &
Supply Co., and to issue new
program
re¬
appropriation—
plant and
exchange for each share of 6% convertible second
preferred
stock, par $50, .and accrued dividends;
and
(3)
one
share of new
$10 par common stock in
exchange for each ten shares of old common
stock.
The
resulting company will be known as Ohio River Sand
9,430,779
124,200
7,019,639
Period End,
property,
a
company
$17 459.741
7,513,414
594,000
income
Gross
;
convertible
1947—12 Mos.—1946
$17,783,355
taxes.
taxes
Income
$5,177,162;
,
Under
-
stock
income
taxes.—
6,563,377
$1.82
equ'pment, at
depletion, depreciation and amortization of
$87,687,559;
deferred
charges, $997,465;
total,
$162,-
-
each
revenues
Operating
other assets,
reserves
for
(less,
securities
Emergency diversion
Other
$1.75
'SB.eSO.Sgei/
July,
M. 'K.
Gain
$7 021,842
1,091,448
_
Operat., maint. & deprec.
serve
$1.99
(Ohio River Sand Co.—Plans
Period End. Sept. 30—
Other
$3.26
and
accrued
N. Y. State
shared—:
;per
1521.
P.
Niagara Falls Power Co.—Earnings—
Canadian
6,563.377
.Orl2,5i3
815 000
1257.
Federal income
$8,183,305
6,563.377
$7,034,385
Aril,953
income
Operating
$9,765,276
$6,883,194; accrued taxes and in¬
on
income, estimated, $9,095,526;
funded debt, $6,500,000; reserve for
post-war contingencies, $522,000;
deferred liabilities, $87,787;
capital stock
(6,563,377 no par shares),
$80,000,000; earned surplus, $57,859,522;
total, $162,344,642.—V. 166,
2,481,000
$5,817,819
deductions
p.
$21,403,035 $13,046,984 $11,464,993 $11,862,277
4,922,532
3,281,688
3,281,688
3,281,687
—
LIABILITIES—Accounts payable,
terest, $1.-396,612:
Federal
taxes
3,883,296
______
income
166,
—
6,563.377
344,642:
$32,004,043
17,790,362
——
income
Gross
$31,021,358 $20,211,740 $18,268,199 $17,529,259
105,272
151,157
150,602
169,015
2,896,351
2,746,407
2,468,412
2,514,834
tax_
6,616,700
4,267,212
4,184,192
2,883,132
/
$16,480,503
$201,132,4751,
2,948;808
tax_
income-
1,993,741
In
ASSETS-r-Cash,
1947—12 Mos.—1945
3.107,559
profits
tuxes
on
subsidiary )
one
truck line
Nov.
CONSOLIDATED BALANCE SBEET, SEPT. 30, 1-947 •
$224)33,255;
U.
S.
Treasury notes, $17,344,000;
short-term -notes discounted,
$3,992,056; notes and accounts receivable
(less
reserve), $10,757,722;
inventories, at cost, $14,355,322; invest¬
^
Light Corp.—Earnings—
1947^-9 Mos.—1946
revenues
excess
5,910,877
2,159,113
Stk ..(no -part
Earnings
unused
2,030,000
Other
6,680.461
2,263,001.
$29,930,095 $18,918,603 $17,379,223 $16,678,271
1,091,263
1.293,137
888;976
650,988
.
.——
dividends
com.
ments
,$25,508 980 $23,431,539 $33,630,678
Operat. maint. & deprec.
14.230,649
13;037.401
19,239.635
Federal income^taxofiu:
2,341,000
Fed.
6,2*6,722
.<1,392;927
32,614,587
Com¬
$1,684,514
r'.:
7;86C,284
637,288
adjustment of 1945
excess-profits credit carryback.—V. 1G6, p. 2313.
Period End. Sept. 30—
/.
»'Cr551,203
907,163
credit
2,401,293
1.562,773
Surplus
Shs.
$67,803,907
3,975,063
profit
Common
1,064,479
$1,337,703
34.126,482
2,442,156
-6,309,859
7.£<?
1947—11 Mos.—1946
$6,739,098 $83,931,047
491,500
adcruals_
tax
ry.
36,537,019
-
Chicago & St. Louis RR.—Earnings—
Period End. Nov/30^:
*
1944
i——
Interest
Other charges
Prov. < for -Fed. inc.
<---$0.£flk.-:'-•-•.SQiS'O'-
depletion,
1945
i
Calif,
*25,000 shares will have been issued -and retired.
on
50.473,537
'
—
Total income
$0.66
'
1946
tale
sale
due
$478,336
secured notes
three
2.623,839
Operating-profit
Net
"New York
expenses—
Othdr (income
;
,
$0.50
,
and
Depreciation and amort.
$1,083,255' .$1,291,766
$0.56
>
in
quarter^.—,*—
Costs
Depletion
$1,102,042
$0.88
,
Divs.
.
75,000
—
1947
Ordinary'taxes
•/
:
210,000
divs.—•
Earns, per sh. on 1,960,f&C.OOO rhs. ($25 par)
;
■
„
ial
conditional
(incl.
year)
gations of
due within
$5,175,292
Subs.)—Earnings—
the
*125,000 shs.
350,000 shs.
jou.uuusns.
($10 par)
equipment
tracts
365,154
116,526
$7,234,707
$577,410
80,541
of
stock.]
Authorized
Common
Sales*-——iii-i— $91,100,103 665,537,427 $62;746,572
$59,460,477
23,890
the
Pfd. stk.
374,714
Ca'if
Interstate
common
2,125,567
1894.
.Ohio. Oil Co. (&
$1,591,766
lest.}-———
.Inc.. avail,
/
250,000
^
wages
-
23,553
and
$3,749,008
A
——————
p.
stock
15,552 shares of
2;030,825
$603,484
•
9 Mos. -End. Sept. 30—
201,703
$1,368,255
preferred
$9,699,695
•
J
^
the proceeds
use
.
HISTORY
$1,266,172
370,926
22,035
A
into
4'<i
pfd. stock
166,
to
170,711
•
the
publicly offered.
proposes
$7f'3,050
8,530
by
Stock—The underwriters under
now
Construction loan of
—V.
authorized
•167; 678
income——
Balance
sale
of
4,740,473
'
;
b
'CAPITALIZATION AND INDEBTEDNESS
74.344
$391,099
353,603
are
series
29,319
stock for
[Adjusted to give dffect to issuance and sale of
9,720 shares of
4 V2 '•>
103,997
$70\022
$1,598,683
358,917
and
$805,329
2,516
A
on
preferred stock converted into the shares of
common stock,
now (Offered,
estimated at $458,784, net to the
company, to finance
the
equity in -new equipment purchases
.required to meet increased
demand for the
company's services, to increase working
capital, to
make advances to the
company's subsidiary and, the balance, if
any,
to reduce the amounts
owing on existing equipment purchase contracts.,
on
Operating income——
Income from investm'ts
shares
mon
1,142,303
'disct.,
31,651
paid
they converted into 15,552 shares of common stock
im¬
mediately after the purchase thereof. The 15,552 com¬
2,857,025
4,857,513
was
underwriting agreement dated Nov. 17, 1947„ purchased
9,7.20 shares of series A preferred stock
(par $20) which
623,949
—J
long-term debt-
Net
346,342
268,247
—
966,720
3,22.9,807
80,560
I
689,045
$1; 735,855
400,111
~
Non-recurring losses
80,560
[
excess
income—
Divs. on
Gen. and admin, exps.—
War emerg. expenses,.-
and
—
$1, 704,281
81,574
98,832
,
acqui¬
prem.
and : expenseOther deductions
r 44
'
income-
plan
inccme
Amort.
Qtrs. Ended Sept. 30—
Other oper.
of
1947—12 Mos.—1946
$3,300,844 $42,048,718 $36,516,480
1,531,843
19,965,939
15,740,256
272,442
3,329,044
3,287,414
278.416
Jersey,!
New
stock
^ share .on the first preferred
Commission.
merce
—
Int.
•Sales
1,781,595
profits' taxes
2561.
p.
$3,634,945
expenses—__,
depreciation—
for
sition
adjustmentsGeneral taxes
;
1
x/\
,
revenue-/
•Operating
Association—Output—
1847—Month-—1946
in
prefcrrcl
together with the $1.25 paid
.
shares
Co.—Earnings-
Period End. Oct. 21—
New- England Oas & Electric
.
•
Courts
first
This
Intermountain
PURPOSE—Company
1483.
ago.,"
2314.
p.
Ohio Edison
$5,325,673
—*;
166, .p.
.
the
7
Express Co., San
Francisoo,
Calif.—Stock Offered—As
mentioned in our issue of
Dec. 15, Mitbhum,
Tully & €o. and associates on Dec 2
offered 15,552 shares of common
stock (par
$10) at $32
per -share. Further details follow:
857,534
Balance
17°91
p
Sale of Preferred
$7,478,521 $76,144,355 $70,845,042
5,290,735
55,557,912
48,227,721
6,194,804
in
$3.75 per share on the
holders of vVcord Nov. 3.
to
ISSUANCE—Issuance
-
income
injunction
of
22
th^yea'r^V51^6
80,895
2,598,005
V
1947—10 Mos.—1946
$7,496,001 $76,371,645 $71,008,157
17,480
227,290
163,115
27,112
oper.
dividend
Dec
"an
by
aip
Transfer Agent, Bank of America N, T. &
S. A., San Francisco
Registrar, Wells Fargo Ban k & Union / Trust Co., San
Francisco,
Co.—Earnings—
1847—Month—1948
revenues
Uncollectible
Net
Net
Bell Telephone
„
construe*
-
173
'
:
to
1,138,503
:
int. and deducts,:
Int.: Chgd.
•
•
2314.
p.
Operating
T,237(514
95,833
:
■*'
-
166,
Ohio
;
$
2,545
del; entures-
Amort..,of debt discount
-and' .expense.;-.——
Other
•
94,875
176,530
$14,165
—V.
$7,713,824
.
183,221
26,503
operating Income
•Net after-'charg€6--—.-i
66,754
$545;638
C- 1,892,149
20,578
Per.odCEnd. Oct. 31—
$547,353
.1,475
$1,394,950
1,009,310
—•—
-
.NSt
'
Gross
4,857
,
168,022
3,278
•
244
-held
are
$1,396,425
200,616
Operating taxes
965
13,113
/—:<-■_:—■■•
1947—10 Mos.—1946
$2,246,089
$224,249i J $2,241,232
.$235,359
(2663)
still
2,614
•
rev..
Operating ,revenues'-ii
Operating expenses -w..v
1,500,000,
'3,861 \
Ohie Associated Telephone Co.
Uncollect ble oper.
•
dep.et. reserve approp.
Amort, of limited-term
FINANCIAL 'CHRONICLE
•; Period (End. Oct. 31^''1947—Month—1943
Operating revenues _V—
$237,973
$224,493
-
$1,437,873 $20,275,459 $18,156,389
414;958
5,543,442
5,023,152
"3,538,107
.931.756
210,1)40
'2,023,836
137,997
1,790,0j6.
$1,582,858
&
166,
surplus
p.
(since
1522.
July
31,
1938'),
$850,888;
total,
#1
THE COMMERCIAL- &
Monday^' December 29, 1947
FINANCIAL CHRONICLE
^PubUcSerYiceXCOv^
Pennsylvania-Central Airlines Corp;-—Earnings,: Etc<-~
Operating
"
Sept. 30/47 * June 30/47 'Mar. 31/47 Sept. 30/47
$1,148,t>42
$4,244,832
$2,223,472 $10,622,846
Z—;%»" 808,051
757,730. I;/ .646,639
2,211,420
V
Passenger
Airmail
revenues
rev
nues_.
Express, and freight
enues
V':'
rev- :
281,660
generation.
purchased, power„—
'
Other, Operations a/a/ZiJ/'■
oper.
Operating
Plying,-
expenses:
other
and
Traffic,
tising
,* "• ' W.
2,563,821
1,146,116
sales,
2,425,772
1,139,749
7,545,456
3,397,825
720,112
793,897.
2,191,148
325,732
admin..-
rnd
Depreciation
365,693
397,682
699,993
1,039,107
Interest & other
575,216
1,757,695
profit
Operating
Net
loss-
'Adjusted.
$2,478,766
$2,326,365
$76,691
$75,710
—a—
Quarters Ended
in
1 j47
1947
1947
The
4,448
plication
44.8
40
Pet.
of
46.2
flown.
scheduled
13,195.990
4,444,211
_
4,505,375
3,544,478
12,434,064
—V.
/'
miles
84.6%
92.8%
321,458
201,320
843,>918
mile//———
19.3
20.1
passenger
miles.—
84.031,597
seat miles
operated
147,301,476
86,612,005
150,717,768
Passenger load
factor--
;
„
57.0%v
miles———
'
/
,
1
S.
Govt,
hand
on
securities
$1,402,650;
reserves,
deposit
$1,657,223;
and
(at
53.4%
441,309
deposits in banks,
$:20,030;
$2,024,410;
less
receivable,
accounts
inventories, at cost, less reserves for obsolescence,
from aircraft manufacturer (returned Nov. 3),
due
total, $16,234,789,
LIABILITIES—Notes
trade
payable
banks
to
(renewed
for
additional
an
accounts
ended
1948>,
1,
traffic
$4,000,000;
balances
and
payable, $396,971; accrued liabilities, including payrolls,
transportation
taxes,
employees' withholding
taxes,
etc.,
$1,029,107;
deposits
$441,739;
Feb.
transportation
air
on
travel
card
$265,071;
revenue,
accounts,
$384,441;
3V2%
15-year
unearned
convertible
income
debentures,
fund
due Sept. 1, I960 (less debentures deposited in sinking
cancelled), $3,850,000; reserve for uninsured losses, $78,563;
and
stock
common
$1 per share), $479,083; capital surplus,
(deficit), $4,028,915;
total, $16,234,789.—
value
surplus
(par
$2,838,723; earned
V. 166, p. 1996.
166,
approved, ap¬
bon^s. due
23
morteafe
139,739 additional
company
had requested
The
of
of
bonds
the
stock
considered
he
offering
be
put
this
at
«nd
time
until
off
later
a
t^afc
date.
2414.
p.
The
-
value
new
Pullman-Standard's
increased
railroads
taken
of
new
restricted
orders
A,
D.
—
deliveries
sharply
in
of
freight
new
third
the
third
the
during
to
cars
quarter
as
the
the
nation's
result of
an
materials into the company's freight car plants.
railway passenger cars cn the other hand continued
of
flow
a combination of factors, including a shortage of
multiplicty cf postwar car designs, with adverse
third-quarter earnings from ear building operations.
However, the tempo of production in all of Pullman-Standard's car
building plants is now increasing.
'
to
be
skilled
by
the
and
labor
effect upon overall
Kellogg
the
In
Co.
engaged
subsidiaries,
of
group
principally
process engineering
and plant construction, production during
third quarter was on an upward trend/ Shortages in certain labor
in
the
and
categories retarded production to some extent. Research and
development continue at ah increasing tempo, with good results indiJ
cated in the fields of research both for private enterprise projects :*nd
for the national defense projects in which this group is quite heavily
material
in the backlog of unfilled orders in this group are
refining plants in the fields tooth of petroleum
Included
engaged.
for
substantial orders
At
Sept.
working capital amounted to $132,share of capital stock; Cash and
19471 consolidated
30.
to $49.62
equivalent
952.624,
per
Government securities held by the corporation and its subsidi¬
on
that date totaled $44,991,950 equivalent to $16,79 per share,
S.
U.
oils.
of non-petroleum
and
aries
-K
,
of
quarter con¬
tinues in excess of the
invoice value of products shipped, with the
result that the backlog of unbilled orders in the Pullman-Standard and
Kellogg Co. groups of subsidiaries has continued to increase, amounting
as
of Nov.
1
to a: total of $375,763,622 and reflecting • in some part
restricted production In 1946-47.
sale
Deliveries
1947
property and equipment (after reserve for depreciation of
$5,374,650), $9,066,705; prepaid expenses and deferred charges, $407,452; unamortized debt discount and expense and other assets, $316,349;
months
stockholders.
prosent
the
of
improved
SEPT. 30,
demand
cost),
20,319,493
,
$440,000;
three
Dec.
on
Pullman Inc.
Backlog Over v $375,000,000
Crawford, President, on Nov. 19 said in part:
3,092,519
932,803
4,541,421.
>
•
<
BALANCE SHEET,
ASSETS—Cash
43.6%
170,660
; 1,110,445
7,795,209
7,982,869
'Adjusted.
14.9
18.4
50,460,615 221,104,217
''
■
959,271
Passenger ton miles——
U.
Commission
—
115,580,946 413,600,1 "0
57.5%
147,644
123,005
.'. air freight
miles—_A—
a:
,
$2.35
Financing—Stock Issue Withheld
-
94.8%
321,140
of passengers
•
to
issuance
4,129,874
Rev.
ton
only
4,665, <a2
Rev.
Express
that
o4
4,400,
98.2%
Mail ton
$1,645,880
$2.21
to sell $3,000,000 of first
taken on a proposed sale
was
shares
$1,541,181
$0.28
Exchange
company
action
consideration
passengers-..—
no.
per
40
of
No
common
flown
Revenue
Avge,
43.2
and
Securities
1978.
$196,711
$0.01
,
ocnedu ed_._
miles
-
40
3,975
37
operation—
Avge. no. of airplanes in
oper. during period—
Revenue
974,900
$4,639
share
com.
SEC Approves Bond
Sept. 30,
4,448
44.9
oper.—
V
per
1947
miles
mile
178,950
772,200
income
on
requirements.
4,448
:
Rev.
—
income
Earned
End.
'Mar. 31,
'June 30,
Sept. 30,
.
taxes
jDr516,442
deduct.
Balance
STATISTICS
9 Mos.
Stations in
$4,004,199
689,603
Dr248
fj-Oc-s.
OPERATING
Route
•
income
div.
Pfd.
Net
Income.,
operating
Gross
$139,574 t$2,200,554 t$l,923,106
216,265 •
125,811
*
549,660
$131,874
207,584
-
$362,613
1,233,914
Non-recurring deductions
Net
Nen-oper. income, net
Federal
Other Inc. deducts, (net)
$45,373
Dr2,272
1,365,005
$3,173,056
/ - -2,555,863
1,111,960
adver¬
and pub.icity
General
'■
482,486
/v
repairs-..
72,073
103;451.
' I
$3,256,539 $14,052,125
% 7
?
■
72,993
/
Fed.
than
income.—.
on
677,139
and
ground
service oper.
pass,
Maint.
■
,
r*
$5,4C6,418
$5,327,163
revs.-a—
2,539,745: . 1,383.941
2,900,777 v. 2,684,010
- 686,987 / %/ €40,575
1,013,900 ; v £60,024
158,692
". - 220,237
.
123,923
Prov.. for deprec ation,.
Taxes,
taxes
Total
538*415
250,494
,>
Maintentince^^^^..-iJ-^Il;;':I:^/;>63,i23 lV''~ ^.- 55,215'
946,969
270,890
315,834
65,594
349,475
116,381 V
-
88,915
revenues—--—"
$974,281 $11,678,861 $10,784,056
$l;094,33o
revenues
Steam.
'
Vvi:"V•:.? •; 1:
—
Other
1947—12 Mos.—1946 "
1947—Month—1946
Period End. Oct. 31—
'9 Mos. End.
Quarters Ended
r
notwithstanding the large total of inventories/amounting to $87,213,413
which is being carried without outside borrowing.
in all divisions,
NOTE—-For
possible
order.
mechanical
reasons
it
is
to arrange
companies in exact
However, they are always as near
on
Nov.
19,
1947 declared a quarterly dividend of
share and a further dividend of $1 per share on the
outstanding capital stock of PuUipan. Inc.,. both payab'e on Dec. 15,
1947 to stockholders of record Nov. 28, 1947.
This action brings -total
dividends for the year 1947 to $3 per share, being the same amount per
directors
The
not
always
alphabetical
alphabetical
cents
50
position at possibla.
9 Months Ended Sept.
Net
7
•/
sales
Other
30—
/
1947
—
—
claim
1946
of
of
sales,
stare
administrative
Depreciation
Other
profit
income
income
Common
for
Prov.
Gain
,$3.5
CONSOLIDATED
in
Cash
U.
S.
from
1947 V
hand
on
;
80,286'
543 755
Fixed
,_/_
of
supplies—/—
investments, etc.
Loans,
assets
Goodwill
Prepaid
and
■
86,476
y
132!39o
122,079 ~
3,324^022
—
expenses
973,944
100,748
/
2.692A21
1
224,573
—
other deferred
on
items—
$14,109,584 $13,008,359
—
LIABILITIES—
Accounts
Portion
.
payable —
of long-term
Salaries
and
Accrued
taxes,
wages
$2,120,580
and
state
one
$1,982 772
145,910
145,765
194,096
liabil. due within
due
incl.
163,744
year
accrued
income
taxes—
115,045
101 643
1946
376,934
625*822
1947
Dividend payab'e. 0:t. 1—common stock
Long-term liabilities
918,305
912,343
Federal
Accrued
income taxes payable for year
Federal income taxes for year
Res.
for
retirement
Reserve
possible losses
for
Misrellane
Common
jus
($5
rental
week
of
.
6,155,000
!—V.
166,
61 560
406 729
2,454',740
2,454^740
'504'7<'0
(Dr)•__■——
504,740
49,400
49 400
6,850,332
•—
5,499,270
^
,
$14,109,583 $13,008,359
2563.
electric
ended
57,800
—
Philadelphia Electric
The
property—
—
—
166, p.
53,186
402,783
shares)
surplus
Total
50,000
53,186
par)———
Treasury stock (100,948
Capital surplus
—V.
on
output
Dec.
20.
kwh.,
of
1947
or
Co.—Weekly Output—
this
company
amounted
4.2%,
p/ 2563.
over
to
the
and
its
subsidiaries
151,836,000
kwh.,
corresponding
an
week
for
the
increase
of
1946
•
Phillips-Jones Corp.—Private Loan—It
announced
was
Dec. 22 that the company has obtained $2,000,000 10-year
loan from the Equitable Life Assurance Society/ The
company
will
V: 164, p. 2834.
use
the funds in its current operations.—
...
ACCOUNT
1347—3 Mos.—1946 i;
1947—9 Mos.—1946
93.234 457
91,038,601
1,386,128
—
;/n7'.7:7.7';-
:
7
,
—,
tNet
633,986
income
fEarnings
'On
sale
Co.
taxes
—
share
per
Dividends paid
——
additional
of
as
stock
of
in
any
June
1,160,028
5,651,304
1,862,373
$0.24
1,345,315
$0.36
1,614,948
$2.11
4,575,212
4,844,845
assessment of Federal income
1941.
1947 are before taking
tEarnings for
$0.58
taxes on intercompany
into con¬
from sale of the capital stock of The Pullman
1947.
Results of Pullman-Standard Car Manufac¬
profit
30,
turing Co. for Sept., 1946 and nine months ended Sept. 30, 1946, do
include charges aggregating $986,941 to its surplus in Sept. 1946,
not
account
price adjustments due to renegotiation
ol armament contracts,
1945 and final settlement of war contracts, years 1944 and 1915.
1946, amount3 per share are based on 3,229,897 shares.. For
1947, amounts per share are based on 2,679,231 shares, the reduction
of
550,666 shares being effected in 1347 through stock tenders and
year
JFor
purchases in
the open market,
if;
■;
CONSOLIDATED BALANCE SHEET, SEPT. 30
:
15,000
——i—
reserves
stock
reserve—
sheet.
—/
Federal
850,123
-—_/__
„
Employees'
Earned
156 0Co
704,213
possible Ibsses on pharmaceutical edu-
catlonal loans
/
156,000
————
—
balance
fixed
income
sideration
7; Total
the
investmts._
income
for
Prov.
i
281,994
(net)——.
—
INCOME
of
$3,159,582
income"
5,695,261
transit—
Inventorie
side
on
investmts.-
and
'Interest paid
72,201
6,071,949
receiv./less res. for doubt.ul accounts—
Mdse. inventories, at the lower of cost or mkt.
in
1946
$2,587,238
Accts.
Merchandise
Total
$3,406,214
205,902
redempt. value__
or
taxes
30
516,390
obligs., at cost
liabilities
of
amount
Federal
income
sale of
income
Misc.
SHEET, SEPT.
~
banks and
Govt,
BALANCE
the
on
of
depreciation
Income from
390,00
'Adjusted to the effective rate of tax for the year 1946.
COMPARATIVE
the
contra-credit to the Reserve for Federal
Gross revenues
Costs
and
expenses—
assets
ASSETS—
the
of
with
Contingencies
Operating
$1,364,93
/;
i
outstandingshare——
in
refund
a
(he
under
inclusion
*832,002
(estim.)-—
tax
shares
per
107,408
»
-
> Net income for periodEarnings
$2,296,887
104.03
836,57
income—
to
years.
by
CONSOLIDATED
$2,305,53
—«
—
charges
five
for
Period End. Sept. 30—
$2,112,27
193,26
——
—
last
filed
"Other Assets,"
31,341,92
250,22
—
the
1°47
"Claims
section
Tax
—
Miscellaneous
Federal
.and
gen
amortization
income
Total
warehouse,
oper.
expenses
and
Operating
$33,704,423 $31,859,599
—
of
for
on
30,
Sept.
item
income—
store
Total
Cost
each
refund of $3,159,582 representing excess profits tax.
taxes for the year 1944 was filed July 25, 1947 with the
Collector of Internal Revenue at Wilmington, Delaware.
This claim
for refund has been given effect in the consolidated balance sheet as
A
carry-back
$33,235,009 $31,374,508
469,414
485,091
„———_
income---.
store
in
declared
share
Peoples Drug Stores, Inc. (& Subs.)—Earnings—
per
ASSETS—
.
1°47
1°46
Volume 166
Number 4659,
...LIABILITIES—
>:
-
......
stock
•
■
•
i
Trust
Prov.
4,216,105
1,887,734
3,487,103
1,482,444
270,000 shares being tendered out of the 448,789 common shares to. be
outstanding if all Logansport's 4^% preferred stock were converted
2,589,313
6,509,406
2,500,000
829,117
2,909,082 i
3 338,816
2,500,000
S.
2,009,960
679,042
1120,701,585
2,009,960
102,083*
28,005
for
Prov.
'for
Federal
other
taxes
taxes
Reserves
for
for
»—
*.
Prov. for renegotiation of
Reserves
income.-
on
—
prices cn Govt, contr.
benefit plans
contingencies
Reserves for manufactg. and other conting
General reserve
1
1
tax
reserves
Deferred
——
employee
Fed.
.
credits
mon
stock.
common-
the
When
offer
Seaboard
available,
Co.
first
Baltimore
of
1947 and $44,812,130 in 1946.
therefore reflected at a nominal
$45,987,418
in
further
Registered
Co.—V.
1947—Mohtlu-r-1946
Period End. Sept. 30— '
oper.
revenues
Total
oper.
expenses...
Net
Other
$879,660
1,277,676
$1,011,357
956,109
Operating
Operating
166,
Bank
City
*$398,016
*$120,167
obtained
be
may
the
at
revenues
Maintenance
DrlO.712
Dr76,399
83,93o
$48,926
*$408,728
*$196,566
82,892
386,498
*$325,836
9,071
$49,492
11,312
$189,932 $2,439,353
101,833;
91,303
12,183
104,450
$2,348,050
215,636
107,938
$31,600
income
1946
$4,780,308
2,143,725
257,036
299,428
600,723
$4,193,867
425,208
—
Prov.
est.
for
^
*
1
J
depreciation...—
than
Federal
Federal
.
taxes——
income
income
199,533
taxes
1,759,453
217,660
296,127
Net
$1,054,189
operations
from
$1,209,072
220,743
income
)
Net
*$218,088
20,950
Cr78,000
$166,924
95,550
$2,455,748
985,850
$10,650
*$140,088
$71,374
charges,
special
accrued
charge
&
other
$88,099
129,002
183,275
11,035
(chgs.)
•
505,611
Deducts,
from
net
inc..
income
170,597
$1,032(079
-V.
166,
surplus.
*Loss.—V.
166,
Smith & Corona Typewriters, Inc. (& Subs.)—
3 Mos. End.
1947
sales
of
1946
1945
1944
$5,938,850
$4,116,658
$2,863,873
3,640,739
2,401,571
1,737,774
$4*82.6,573
2,836,040
1,665,879
1,351,489
1,022,443
915,323
Sept. 30—
sales
Cost
—
ministrative
Provis.
for
exps.
the
year.,
another
by
debt
needed,
are
from
Radiomarine
amortization
profit fr.
72,886
48,674
40.260
1947—Month—1946
revenues
Total
oper.
expenses.._
$92,935
97,326
$99,725
117,737
$314,924
$63,397
20,417
16,379
20,993
$1,036,774
25,754
$579,764
income
$331,303
$84,390
$1,062,527
Other (reductions '
1947—9 Mos—1946
Fed.
normal; and
Fed.
excess'
53,091
Foreign income and
profits taxesAdjust, of taxes pr.
profits
37,710
201,596
115,476
the
the
$18,012
$4,391
$217,511
$93,958
37,568
operating deficit.
Ordinary
12,624
602,906
Prov.
for
ord.
$19,556
$8,233
$385,395
inc.
3,110
4,103
31,689
$93,733
38,213
income.
$16,446
$4,130
$353,706
$55,520
(Cr)_
454
income
from
ord.
ordinary
income
Extraord.
inc.
Deducts
3,145
—
30
(chgs.).
from
$4,130
$356,821
,$55,520
8,660
1,660
158,440
Div.
Net
stockholders
the
with
166,
$241,495
surplus..
$2,470,
$8,240
$163,158
$33,318
stk._
161,283
161,283
Sales
(2)
$0.50
$0.10
Net
includes
income
include
part
sales
service
the
of
administrative
$13,443
in
costs
of
and
rentals of
which
1947,
$246,502
$3,702
in
1946,
typewriters and
included
is
in
other
selling, general
of
and British
Canada
the
Securities
'*Express
33,277,166
privileges (Dr)
Revenue
Total
24,023,276
494,864
revenues.
24,518,140
Operating expenses—
Express taxes
22,519,236
oper.
Interest
funded debt
Other
in
84,391,687
66,557,903
25,657,364 196,949,935 208,561,918
519,048
4,229,109
4,034,806
26,176,412 201,179,044 212,596,724
24,487,232 184,786,402 198,711,527
1,570,500
15,478,557
12,885,622
of
class B stock.
refund
of
166,
p.
2563.
Agents-
See also V.
166,
p.
$300,000; accounts payable—trade and
other, $586,903; dividends payable, $162g200; L. C. Smith & Corona
Typewriters,
Inc.1 (New
York)
10-year serial debentures,
3%, due
the
by
of Corona Typewriter Co. preferred
automobile collision and branch office fire
for contingencies, $180,000;
reserve
for
unrealized losses on foreign exchange, $68,541;
common stock issued
and outstanding (322,569 no par shares), $4,484,991; capital surplus,
$583,250; earned surplus (accumulated since May 31, 1934), $4,967,382;
total, $16,877,645.—V. 166, p. 1395.
$2,000,000;
in
have
declared
share, payable Jan.
dissolved
Nov.
receiver
by
for the company appointed
the Court of Chancery of
an
initial
dividend
of
25
cents
per
15, 1948 to holders of record Jan. 9, 1948.
1895.
166, p.
the
class
of
Southwestern
Louis
receipt
The
$4,209,430 $44,025,562 $38,126,886
2,680,649
27,100,037
27,168,235
ry.
opers.
$1,833,123
$1,528,781 $16,925,525 $10,958,651
County
and
taxes
—
income
Fed.
100,180
82,999
912,860
831,222
780,272
...
336,886
4,684,153
1,747,098
168,986
118,996
1,556,949
$989,900
$9,771,562
$7,184,015
41.522
28,459
426,451
308,521
$825,207
$1,018,359
$10,198,013
$7,492,536
convertible preferred
to
present
common
agenda also contemplated a 2J/2%
10-year serial bank
appropriate charter amendments.
The meeting was recessed to Dec. 30 for formal action, pending
receipt of approvals by South Carolina Public. Service Commission
and
the Securities and
Exchange Commission, both of which have
held hearings, and the Federal Power Commission—V.
166, p. 2564
The
and
2423.
•
EARNINGS
Operating
income..
oper. income.
oper.
Other ry.
'
l
■
•
'■
TotaLry. oper. income
Deduc. fr. ry. oper. inc.
Net ry.
oper.
Non-operating
230,759
$594,448
income.
income.
20,160
_
$614,'608
Gross Income
Deducs.
Net
—V.
from
gross
income
inc.
V
•
208,532
$809,827-
.24,567
$834,394
•2,034,597
1,835,271
$8,163,416
$5,657,265
246,165
311,413
$8,409,581
$5,968,673
293,913
257,757
2,423,894
2,522,593
$320,695
$576,637
$5,985,687
$3,446,085
1947—Month—1946
Period End. Oct. 31-
Gross
for
Gross
Int.
on
401,993
4,893,758
46,130
Ralph T.Heymsfeld, a member of the board of directors told the
annual
meeting on Dec. 11 that more than 60%
of the common
-
quarterly
30,
June
dividends
$2.25
of
the
$2.25
each
OF
OCTOBER
AND
YEAR
1947—Month—1946
DATE
TO
-1946
1947- -10 Mos.
17,265,845
revenues
15,661,245
154,292,463
150,673,340
61,255.
?1,195
410,232
245,270
17,204,590
15,630,050
153,882,231
150,428,070
14,289,859
1,614,652
11,858.918
123,748,809
110,421,875
20,172,222
1,300,079
1,903,204
12,943,063
19,833,973
1,104,135
1,649,369
10,584,319
17,639,256
operating
after
Net
income
charges
166,
1,867,928 1' 17,190,359
2423.
p.
Southwestern Gas & Electric Co.—Earnings—
Period End. Sept. 30—
Oper.
&
1947—12 Mos.—1946 S
$2,907,150 $11,298,719 $10,625,161
2,061,987
8,234,044
7,773,736
1947—3 Mos.—1946
$3,275,442
revenues—-—
expenses
Net
2,281,434
taxes
$845,163
(net)
19,025
$852,489
$2,851,424
$3,064,674
7,327
$994,008
income
oper.
Other Income
$3,083,699
3,107*
income
other
&
—V.
$997,115
'
30,131
$2,881,555
144,164
163,403
686,487
686,268
$852,951
$689,087
$2,397,212
$2,195,287
deductions
income
166, p.
1896.
Kellogg
Spencer
Sons,
&
Inc.—Special
Offering—A
special offering of 9,000 shares of common stock (par $1)
was made on the New York Stock Exchange Dec. 22 at
$227/a per share by Fahnestock & Co., and Trubee, Col¬
lins & Co., and was oversubscribed,.
Commission, 60
cents per share.—V. 166, p. 310.
Ended
Year
Oct.
1947
29—
Net
1946
$26,355,909 $15,442,805
Sales
profit
It
after
announced
rounded
better
personnel of
out
strategically
a
Kansas.—V.
ville,
297,173
'
taxes
further,
was
become
165,
that
the
company's
190,357
operations
have
by the acquisition of the facilities and"
located beef slaughtering plant at Coffcy-
3399.
p.
(A. E.) Staley Manufacturing Co. (& Subs.)—Earnings
Period—
Gross
Nine Months Ended—«
Quarter Ended
earnings
*$6,231,503
——-
1,845,831
Expenses
Depreciation
(estd.)-
Net
profit
fEarns.
per
*After
net
231.407
2,148,000
share-
income tax
Fed.
$2,006,268
$2.31
—-
com.
in the
report for
$8,288,054 t$4,089,547
$9.62
$4.63
of
third
quarter
nine months
effect of that reserve,
tBased
$2,978,912
$3.46
of $1,500,000
reserve
a
up
$7.056,485*820,606,073t$10,698,564
1,867,327
5,479,492
3,492,170
230,245
686,527 '
610,847
1,980,000
6,152,000
2,506,006
provision: for possible future price declines in the
after anticipated income tax credit.
$750,000 for future inventory price decline, pel
deducting
amount
tSince
of 1946, was reversed at the
of 1946 has been adjusted to
846,506 common
on
BALANCE
SHEET,
SEPT.
the
the
Inventories
Other assets
v_
;
Permanent, assets, less reserve for deprec.—
Deferred charges
30
1946
1947
receivable
Accounts
year-end,
eliminate
shares.
CONSOLIDATED
ASSETS—
$22,763,471 $15,203,052
4,835,407
3,351,536.
8,131,355
4,651,186
318,002
303,514
11,546,708
14,209.799
530,433
951,964
Amort.
41,770
544,840
502,400
15,850
99,761
111,706
190,200
190,200
(833,530
746,580
1587,156
)
prof, tax.)
711,704
$75,919
of prem.
on
$94,067
$1,198,781
LIABILITIES—
30,312
413.642
1,000
Funded
R.
for
Capital
Earned
-V.
future price declines
possible
stock
surplus
166,
p.
6,735
Real
$200,000
Oil
in
&
$35,205
V.-166,
72
A"
*
p.
2423.
$64,321
$779,153
-
Plans
$824,396
for the merger of
disclosed-Dec.
opposition
22;
to
$3(253,782 $334057,035 $30,803(893
2.486,581
28,583,741
24,280,880
207,560
414,806
2,225,765
3,025,768
$227,324
$352,395
$2,247,529
145,070
283,667
1,498,154
$3,497,245
2,733,853
23
deadline
Court
Net
—V.
oper.
after
income
charges—
166, p. 2215.
prolonged
court action
negotiations past
the
Decision Awaited—
Dispatches
will
not
Pacific
from
consider
Western
Tulsa,
any
until
new
the
J. Paul Getty as stating that he
offers for the Getty family's holdings of
whether all members of the
quoted
courts decide
represented in the Sarah G. Getty trust, can
!•
received several offers :to sell from com¬
panies not associated with Sunray, and indicated, that under new nefamily,
"
Net
listed as including the effect of
the merger which
of Sunray's offer of
$68 a share for Pacific Western
stock: and doubts as to the legality of selling Pacific Western shares
held in trust for minor-age members of the J. Paul Getty family group.
Dec.
'
$3,542,604
3,107,720
Oil Merger—
Pacific Western Oil Corp. and Mission Corp.
H. Wright, President of Sunray,
Sunray have been abandoned, C.
Reasons for failure were
.
(Pa.)—New Underwriter—
Corp.
Co.,
series
Sunray Oil Corp.—Plans Dropped for
New England Telephone Co.—Earnings—
Period End» Oct. 31—
1947—Month—1946
1947—10 Mos.—1946
Operating revenues——
$3,547,486
$3,258,755 $33,106,787 $30,841,963
Uncollectible oper. rev._
4,682
'
'4,973
49,752
38,070
expenses—
11,439, £23
Wall St., New York, is now underwriter for
income participation 5%
notes and 10,006,e
shares of common stock
(par $1), which are being offered in units
of
five shares of stock-and $100 in notes.
E. J. Drake, the former
underwriter is now associated with the new underwriters.
See further
~7~974
Southern
pperating. taxe?———
4,275,006
1998.
Stanwood
1896.
revenues—
13,465~066
783,345
$51,195,510 $35,600,905
Kaye,
in
Operating
1,500,000
13,465,060
21,249,078
debt
Reserve
income
other accruals
into
income-'
on
Sundry
Dr 748
~Cr567
*
—v;.166,
$225,006
4,436,815
975,862
—
366,391
jDrl50
debt
$225,000
1,442,887
7,715,975
1,822,510
3,775,000
Sinking fund payment
$1,198,761
39,862
income-.
Other deductions
Net
$51,195,510 $35,600,905
Accounts payable
Accrued Federal taxes
the
long-term debt-
.Operating
Schenley Distillers Corp.—Offered 60% of Logansport
-1' •-V .% ' " ■ %■", ■
'
obtaining
and
rev...
$7,901*471
4,551,825
15,850
taxes
Fed. inc. & exc.
$8,248,266
acquis.
plant
adjustments
General
$665,386
477,088
depreciation—
of
Amort,
1947—12 Mos.—1946
$714,748
1
revenue—
.
Operating expenses-—
166, p. 2108.
Stock---.
the
to
Operating
revenues—
Operating- expenses
Operating taxes ;
details
Ry.
Four
Total
Carolina Power Co.—Earnings-
1,196,316
$783,685
taxes
consider the purchase of all the common
the adjacent utility and the issuance of
common
stock to be offered first
of
holders.
City
taxes—
$1.25.
more
additional
Prov.
fr.
rev.
Other
of
meeting was called to
stock
1947—10 Mos.—1946
$4,893,143
3,060,020
Commission
regulatory commissions.
follows: March 30 and
as
Total
South
exps.
revenues.
Railway operating
Federal
Co.—Meeting Recessed
purchase.
Although only a two-thirds affirmative vote of each
was
required, a favorable vote by 75% of preferred and 72%
shares was
represented, in person or by proxy, at the
and
Ry.—Earnings—
1947—Month—1946
Period End. Get. 31—
Railway oper.
submitted
common
and
State,
for
by S. C. McMeekin, President, at the special me.eting called to consider
was
be
1946.
Period End. Oct. 31—
reserve
,
9,
which
Rotary Electric Steel Co., Detroit—Initial Dividend—
Net
for redemption
reserve
meeting.
directors
Exchange
state
were
COMPARATIVE
loan
St.
reserve
$100;
additional final liquidating dividend
refund
the
$175,000;
South Carolina Electric & Gas
The dividend represents the net proceeds
share.
per
obtained
1947,
1,
stock,
2563,
Stockholders of record on Dec. 14, 1938, wiT soon receive forms of
proof, of claim, from the receiver and must return completed forms on
before Feb. 23, 1948.
Checks will be mailed to stockholders by the
receiver in the spring of 1948.—-V. 150, p. 1785.
—V.
payable,
than a sufficient number of favorable proxies
to assure stockholder-approval of the acquisition by this company of
South Carolina Power Co. common stock was announced on Dec. 22
corporation
in
program
will
debt
Sept. 30,'47 June 30,*47 Sent. 30.'47 Sept. 30,'46
LIABILITIES—Notes
insurance,- $50,438;
or
The
$16,-
$1,203,396; coupon book and inspection contract liability, $275,997;
10-year
serial debentures,
issue of 1940, $517,000; notes payable,
Delaware.
common
total,
118,777
this
distribute
and
$947*965;
26,176,412 201,179,044 212,596,724
Corp.—Transfer
Tube
20 cents
tax
formulae,
880,798
24,518,140
stockholders
collect
and
57,133
will be entitled to receive an
a
to
marks
S'77,645.
856,952
(The) Reybarn Co., Inc.—Add'l Final Liquidating Div.
of about
trade
goodwill,
$214;094;
The
The
$3,137,009;
inventories
(at
$102,462;
7,487
& Transfer
Co.,
New
York,
N.
Y., and Registrar &
Transfer Co., Jersey City, N. J., have been appointed transfer agents
of
the 50-cent class A cumulative and participating
stock and the
1938,
reserve),
111,193
railroads, airlines and other carriers for services and facili¬
par
(less
market), $5,570,641; non-current receivables and in¬
vestments, $56,364; plant and equipment—at cost ('ess reserve for de¬
preciation of $4,283,750), $4,876,098; patents subject to amortization,
$5,627; cash deposited with trustee for redemption of Corona Type¬
writer Co. preferred stock, $111; prepaid expenses and deferred charges,
or
4,820
Registrar
10-cent
accounts and notes receiv¬
U. S. income taxes payable, $189,993; U. S.
income taxes accrued, $1,049,640; foreign income taxes payable and
accrued,
$82,814;
other
taxes
and expenses payable and accrued,
transporting express.—V.
Reading
cost
of
Nov.
deductions
*Paid to
ties
1,884,882
deductions....—
Total
9,689,760
on
».
funded
Stahl-Meyer, Inc. (& Subs.)—Earnings, etc.—
109,202
disct.
and
35,347,124 281,341,622 275,119,821
9,253,890
and income.
revs,
lower
bonds, $108,087;
war
receivable—other
accounts
$
trans¬
from
portation
Other
$
$
$
Chgs. for transportation
and
consents of
paid
were
(less reserve for doubtful accounts of $108,129),
able—trade
1947—8 Mos.—1946
1947—Month—1946
to
pending approval, the directors instructed officers
to proceed with plans for registration of the issue
Payments in 1947
each; and Sept. 30,
SEPT. 30, 1947
ASSETS—Cash in banks and on hand, $1,618,160; U. S. Treasury and
bonds (market or redeemable value $248,926), $241,025; Dominion
Period End. Aug. 31—
and,
in
$0.76
war
Railway Express Agency, Inc. (& Subs.)—Earnings—
Proceeds
received
meet further
the first half
advances
and
f
expense.
CONSOLIDATED BALANCE SHEET,
$29,580
$198,381
cash
Co.
161,283
$0.75
1944 representing net income of the English
subsidiary company; -and $15,917 m 1947, $11,646 in 1946, representing
net profit and $509 in 1945 and $9,731 in 1944 representing net loss
of the Canadian subsidiary company.
1584.
p.
increase
company
necessary
Int.
$648 in 1945 and $2,803 in
and
transfd.
income
earned
to
up
60~666
share—
com.
on
per.com.
equipment,
—V.
take
to
Telegraph
company's construction
the
proposed
Gross
Cr733
yrs.
income
decld.
Earns,
25,940
inc..
net
652
,
$16,900
income
Net
102,295
680,113
14,225
23,580
contingencies-
NOTES—(1)
Net
Extraord.
&
1948.
The
Net
Net
Gross
Telephone
ex¬
187,691
income—non¬
communication
Deducts
43,246
tax_
cess
Net
directors declared,
American
31,072
Cr23,898
surtax
$761,182
855,140
$847,431
1,064,942
to
38,437
$559,346
opers.—
income
Total
Corp. of America—Earnings—
oper.
"not
amount
an
that the company's
exceed $100,000,000"
recommended
board
in
increased
requirements of
of
■
,
the
action,
be
issue of debentures to be sold at competitive bidding.
an
—V.
.
Period End. Sept. 30—
■
resolution,
Operating
Total
19 voted not to declare any further 1947 divi¬
company's stock.
the board noted that dividends totaling $5.75
already paid this year will exceed the company's prospective earnings
Its
In
Net
—
depreciation
Net
Other
2563.
p.
the
on
Uncollectible oper.
1998.
p.
(L; C.)
Net
$753,608
transfd.
earned
to
Pay Construction Costs—-
The .directors on Dec.
dend
:$.
and
Net
and
$924,205
148,205
deductions
stock
preferred
on
$1,429,815
244,289
$1,180,285
Int.
$1,469,898
*$334,907
$38,180
4,455
income
.
2564.
p.
Plans to Issue Debentures to Refund A. T. & T. Advances
512,022
370,385
earnings
1946
5,377,147 278,629,516 262,195,943
5,871,697
■■
of
Other
166,
1947
1946
^
-V,
i' / ■" ^V
.-.i
Southwestern Bell Telephone Co.—-Om its Dividend-
In
1947
I
earnings
funded
Selling, general and ad¬
f.
—V.
1947
•
101;984
inc.
Net ordinary income.
Extraord. income (Cr).
Extraord.
Gross
for
1
!'
,
for
Taxes, other
Dividends
inc.—
ord.
Farmers
Electric Co.—Earnings—
$2,337,369
566
income
from
Bank
City
York
New
$1,424,574
income—non¬
ordinary
Co.,
—Jan. 1 to Dec. 14—
week End. Dec. 14
now
2315.
p.
Balance
Gross
are
$2,253,439
communication
Deducts,
1996,
Trust
Farmers
in-
come
Ordinary
bonds
due
A,
series
Operation::
' 1947—9 Mos.-r-1946
$8,595,655 $10,127,661
8,715,822
7,874,222
J3r6,322
communicat'n
Logansport,
Bonds Ready—
12 Months Ended Oct. 31—
:
,
$55,248
revenues
oper.
the
Sioux City Gas &
'
Provision
RCA Communications, Inc.—Earnings—
Total
President of
temporary bonds, at the Mercantile Trust
for
at
or
bonds,
4%
mortgage
exchange
in
Trust
$ After
gSubject
adjustment and
amount.
'/> 1i Including $20,569,335 excess of sale price of Pullman Co. over
ledger investment, subject to further adjustments. *'Represented by
2,679,231 shares in 1947 and 3,229,897 shares in 1946.—V. 166, p. 2108.
to
Hirsch,
tl947 market value $165,836.
,:,1947 market value $32,086,496.
depreciation of
Adolph
Line RR.—Definitive
Air
City.
197,508,248 207,744,399
Total
made
was
Glass, Chairman, and Mrs. Glass, holders of 154,144 common
shares; announced they had agreed to sell these to Schenley.
The
offer
expired Dec: 15.—V. 166, p. 2211.
•
.
Ry,—Gross Earnings-
Period—
S.
Deiinitive
107,169,240 129,195,880
33,863,819
46,422,766
"■•^Capital stock (no par value)
Surplus
into
Southern
Co., New York, under the offer Schenley has made for the com¬
stock of $16i50'-a "share,This offer was contingent upon at least
12,436,799
3,002,257
———-
Advance
9
(2665)
-
,
Inc. has been deposited at Bankers
Logansport Distilling Co.,
of
«
:
payable and payrolls—'
15,382,040
payments'on manufacturing contracts "
Accounts
Other
FINANCIAL CHRONICLE
THE COMMERCIAL &
•
including
those
legally sell their shares.
Mr. Getty said that he has
10
<A; 50 %' 'stock
of
Sunray $100
new
would
their
of
common.
had
Co.
with
contract
a
providing
interests
immediate
this
in
move
offlcials—V.
Water
50
cents per
1, 1948
/
' \
•
12 Months Ended Sept. 30-r-,
revenues
Operation
•—
——
---
-
Maintenance
962,551
837,395-
Depreciation '-4-2-.—+
General taxes
-,
income taxes—1——
Federal
for
Provision
.
/'
.523,600;
•Special prov. - for conversion to natural gas^__
Net;
income
Br24,051
The
Dividends
$1,087,899
in.
440,020
444,023
$579,770
$643,876
rt-j
(Includes Canadian affiliate)
-
Nine Months Ended
Sept. 30—
v
operations^.sale of securities
lrom
Profit
on
Other
-.
1947
$1,702,676
Gross earnings.-'-.
Depreciation
Prov.
for Canadian
profits
$2,659,714
153,206
$2,681,624
798,000
140,890
384,000
118,960 -"
tax
applic.
111,906
earnings—-.
"Earnings per share——
Weeclen
•''•On
—
862,855 shares net outstanding.—V.
1948.—V.
13,
on
$930,032
$1.08
Sales
358,627
'
Net
STATEMENT
INCOME
53 Wks. End.
91,162,944 106,165,774
425,269
688,918
V.
'
' l:.:
'
.
|
.
income
Total
Cost
2,251,826,353
450,788
539,583
*$25,519
$149,335
$107,904
sales
and
Selling and administrative
Cr881,551
9,009,449
•—
:
expenses-—^.—
Depreciation
Gain
disposals of fixed
on
(other
Taxes,
than income
Contributions
to
Premium
and
-lunded
debt
pension
Interest
trust
income
this
income
taxes
Net
income
for
_!
for
high cost addits. to fixed assets
income
Dec.
-992,369
the
output
166,
of
2505.
p.
16,394,739
:
11,252,172
Operating-
$3.77
$2.77
Nov. 1, '47
-
•
~
•
"Real
estate,
Improvements,
&
.
11,396,165
17,148,958
44,979^172
67,508,113
U.
S.
Government
securities—!
Accounts
and notes
Deferred
charges
receivable
75,678,972
——
Total
income
not
consolidatsd
"
Capital stock
20-year 2%%
166,
15,000,000
.Notes -Payable
Accounts payab'e
7,920.000
$330,804
$782,412
$2,660,501
20,889,818
for replacem't of basic "Lifo" inventories
for inventory price decline
Reserve for deferred maintenance of properties.
Reserve for high cost additions to fixed assets.
ll,f-'35,346
11,565,634
5,767,000
General
16,000,000
16,000,000
131,455,243
119,143.149
taxes—
Prov.
Reserve
Earned
5,767,000
surplus
$782,782
$2,669,182
159,925
630,916
$2,596,664
674,597
-
369
$G22>857
$673,086
$2,038,266
■
In.;1947,
record
the
Dec.
company
and Oct. 715.—V.
•
'
paid
156, p., 1260.
dividends
of
cents
25
y
.
r
.
each
July
on
• >
:
.
;
a
this
of
supervision
rf...2313;. V. 164,
retirp.first
p.
and
The
3336.; V
•
corporate- purposes.—V.
-
...
,
for
Wickes
each
1947,
the
of
share
the
y
■
Boiler
United
States
States
Steel
Corp.
17
j •
account
of
Fred
will
center
Jordan,
M.
in
servicing
on
offices
Buchanan's
-
•
-
•
■
■•
.
shares
Product—
Net
162,
is
■
■'
'
$''"
$■■'■
>•••
■
■
■
If less
■
*277,768
14,290,501:
! 102,872
117,728
.
1,349,355
:
-
"dnibome*
.514*489
:
^
'^ ->Appoinlm|nt«' 6f;
:r--;
\'yS
:
y
Extraord.
,
curr.
Delayedyihcome
of
200
completion of exchange
770,200
for exchange and merger include 22,800
for 7,600 shares of The United States
by Wickes Brothers. Of the 7,600 shares of stock
Graphite Co., 1,333V3 shares are reserved for a
declared
by Wickes Brothers payable Dec. 20, 1947;
equivalent to 18,800 shares of The Wickes
shares,
acquired by the corporation as a result of this exchange
that
expected
66%%
than
Graphite
166,
is announced
an
will
proxies
be
solicited
stockholders'
for
Co.
p.
the holders of>capital stock of The United
to the merger^, such merger cannot bo
of
pgree
V V
2317.
"
that this company has recently' started
construction
It is expected
asphalt processing refinery in Perth Amboy, N. J.
plant will b£In operation by mid-year . 1948.
The
Eastern
new
in
plant,
Which
the-communities
of
is being
Perth
built
Amboy
on
a
30-acre splot
Woodbridge,
and
N;
J-,
the production of j asphaltic ; materials to meet < exact
specifications or requirements including compounding, .waterproofing,
mastics, fillers,, mineral rubbers, battery boxes and'sealers, and other
•$V-!,y''.-U
-
specialize
in
; miscellaneous. special!; uses, as well as the: general- run,' of. asphaltib'
materials for roofing, paving,
etc.
'.
; ' Western ^consumers sof^asphaltid^products-are; being' supplied: iby
Witco's plants at Lawrenceville and Chlcago, III.i—V.' 166,, P. 1260C ;
-
•7,177,907
A.)
(L.
1,293,020
1;262,215
1947''
!
•
$896,508
Subs.)—
Wire; Corp.- (&
Youii£ Spring &
Oper? profit r after • depr-,-
*
- •
1945"
1946.
$118:505
j
1944
'
:•
t$900,649
•
.524,533
'
45,280
22,856
Other-income
5,330,025
5,035,811
Total
.
<•
57,178
$822,912
•'-•
income
.income.
(net)..
-
.
.>>•:'' '-f%
•; /
>
$019,358'
•
t$73,225-
70,093
,'12,023;
"(24 ;494;
$893,005
t$843,471
55.287
.25,173
625,540
.
.
''
'
t.'
;•
••
;,Eed,L^';Cah.!';ihiC)^taxeS;v^380i730'-i'; Crm850' Cr842Ji79 !
-834,966- * *699,429- ,10,516,905 *11^14,912
125,595
.10,286.
'16,876'
7.320 ■
'2,160; 943
incom^-
acct'd
V ourinar. month''
Dediict's
^
Net profits—$534J13S^ }UVGQ2,i
t$26,064 r " $212,265
".Ea!;rn;. per cara.,."sharA!-!! -yf-,$1.31*:'' ;;-;$0t.lO''--.: -/l NU'^;
40J52.
"On 408.658 shAreS '.'(ho" par);;
tLoss.
tLoss fronr sales rafter de-
from
for
Cc!
net
: ;>842.186 1
inc.
157,0002
.
•8,928:374
*689^43!! 10.5!3?'58t
_
'
ducting
•
portion.'>ot»reconVersion^.expenses^•eharged* to-Teseryg?lA;iihe
$27,000/
^ ^
"
.
•
!; r- r" 1
i'NOTE—Operatifinjg ef. L/..At Young!.Industries;of Canada, ltd.; 'and
its .subsidiary! have. been, consolidated-oir.thei basU' of. the dlfiftial'!rate
of exchange "prev-ailib#■ 'duMngUttre- 'perlodk,/and: amoun<tHd^'tO,>k- -pet
8,202,581.. •8,948,374 t. -profit-of *105.215 in 1947,' $5,405 In >1946,. a-net loss of- $13^51-Jfr -1945,
rr™.:. 2,271,000
.
~
amount of.
20,000
(
'
Sales; United Sta-tes1 feteel.. Corp:- of •'Delaware. effective Jan. 1/ i°48,: "
was annpunbed' on Der. 24 bv David F.
Austin, Vice-President;'' Mr. "
-
Net' income Iransf'd- to■
770,000
merger-
that this
^174,890-.15^52,716. ...•5,884,887
-PJ; EeAtiier - as-;Assistant':vice-PresldehtJ--'
;|ent»)er^*^J|siffcaftt ,Majtfge£$rsaI$S oVXW^Wheeiihg! StPel 'Cdrp.-jf^.
480,000 shs.
'
Net income
•'
160,000 shS.
'130,000!shs.
in exchange
Inti -And- other ,• dediitts^
Net ordinary
•
:
shsw
160,000 shs.
Deductions from ordinary
-
- -r •
.
Required
Witco Chemical Co.—^To Build Asphalt Refineryit
of
13;545,543 160,310,654 158,592,136
1,231,627 V
are.
.is
it
effected.—V.
16,26^,781 174:601,155 15l;414v229f^:
revs...
(non¬
income
follows:
as
were
will become treasury stock when, as and if the proposed merger
effected, and the dividend is paid.
If less than 100%
of the stocks of Wickes Brothers and The Wickes
States
•
.
merger
meetings to vote on an agreement-of merger of Wickes Brothers and/or
Wickes Boiler Co. with and into the corporation.
16;134,424
communication)
The
Stales
kiiid
in
remainder
offer,
Earnings— •
y y Months—1946ir ! 1947^10 Mos.—1946-
1947
revenue; exps.
operating
Ordinary
stockholders
Of ^record
on
decrease of 627 since Aug. 8, 1947.
/ '
and
merger
issued
United
Boiier Co.
17,366,051
revenues..
of
Corp.
of its
v
'
1947, numbered 167,813, a
Aug. 8, 1947, there were 168,440 common stockholders, a decrease
May 9, 194T. * •' *
' '-'y; '■*
^JOnited States Steel Corp, preferred stockholders of record Nov. "3,'
1947," .totaled 75,446f 'an- increase- of 70 since Aug.' 4, 1947.
On' Aug. *4,'
1947,. there- i-were 75,376 preferred stockholders, - an <- increase * of -283 ■■
'
outstanding
65,000 shs."
be outstanding on
and
te
to
The
the
program,
quantity
tests
Period End, Oct. 31-
On
May 5^ 1947.
stock
shares (exclusive of shares
the shares of the corporation
Graphue Co
Graphite Co. owned
Electric
Western
begun
Operating
Operating
of '192.since-
since
capital
Ca;
770,000 shares required
The
.
the Western account Jan. 1, 1948.
further accelerate its nation-wide construction
to
offer
Vice-President.
Executive
located
common
Nov.;7,
of
required for exchange and
outstanding, Oct. 3, 1947
Total
#
.
nftiited States Steel .Corp.—Number of Common Stock-.
holders PacUpes-rMorei Preferred • Holders— r -; % j ^
Wickes Boiler Co.
for each share of
stock outstanding,
outstanding
companies
Quarter End. Oct.- 31—
l^.Unlted
Wickes Corp. stock
Boiler Co. capital
if J,000
Wickes
Total
Co., manufacturing branch of the Bell System,
production of the new type of cable following
suitability, The cable, called "Alpeth," is to be
used
within local exchange areas on pole lines and in underground
conduits.
It will
be made
in a variety of sizes,
ranging from the
smaller cables to those containing hundreds of pairs of wires.
The immediate purpose to be; served by the new cable will be to
step up the delivery of cable' to- the telephone companies- 'and help
meet
the continuing heavy
demand for telephone service.—V. 166,■
p.
1097. r " '
Vc:
has
mortgage 3%' bonds- (approxi¬
other
The
complete the exchange offer and
to
Shares
.
ttf
follows:
as
The
or
31,
Aug.
announced
1829.
to
.
-
System has developed a new type of telephone cable sheath
thin sheet of aluminum covered with a polyethylene compound,
extensive
Tidewater; Telephone ■Goi-r-Boiids Placed - PriVateiy—^A
has. placed private^ - through GaU^her &
Co., Richmond, Va., $700,000 20-year 3y4% sinking fund <
bdnjis to be, dated Dec. 30,. 1947: \
outstanding)
—
Wickes Brothers
$1,922,037
Dick, Vice-President-Sales of Western.
The company
$360,000
160,000
130.000
480,000
747,400
—
Wickes
Western Union Telegraph Co.
^proceeds; wilhbp used
6.33
Graphite Co.
States
treasury)
will
mately
4.06
-
shares of
two
Brothers
required
flexible plastic that looks like black rubber. The new cable
will supplement the familiar lead-covered cable which is now at peak
production, the American Telephone & Telegraph Co. announced on
Stock Dividend—
31..
offer is
exchange
at
As
tough,
a
437,147,501 366,137,102
of
10.92
5.30'
-•
(less treasury shares)^____
The
y
Alsup has been named Acro'm* ^u^ve;
166, p.
using
A stock dividend of 10% and a cash dividend of 50 cents, per share
hstve. been declared on the common stock, both payable Jan. 10 to
holders
$8.80
^
3.46
The stockholders of Wickes Brothers and The
United
Inc.—New-Advertising Agency—
Air Lines,
A.
the
Bell
the
-^After reserve for depreciation of $124,331,623 in 1947 and $120,480,185 in 1946.
177,804 shares at less than cost.—V. 166, p. 508;
Thor Coitp.—Declares 10%
1.41
-
Boiler,-Co.——™
The
Western Electric Co., Inc.—Produces New
--
-
!
8.84
..
United States Graphite Co.^--™—
substituted
be
\
adverting agencv for Western Air Line has been
In a move
Drl,818,668 £>rl,818,668
Total
1.11
-
Wickes
dividend
•
I
2.26
.89
1947
$7.50
$1.47
-.
Aug. 31,-
1946
1946
Graphite Co. agree to merge the assets and. liabilities of that company
into The Wickes Corp., three shares of The Wickes Corp. stock will
Dec. .8.
:
<
1.44
1.02
offered
of
3,000,000
tTreasury stock
,
—V.
12,000,000
reservas
$1.01
-
per Shr.
Dec. 31,
..
provided all .of the shareholders of either company accept the offer, and
(b)' If the holders of 66%%
of the stock of The United States
10,057
-
$330,6^
157,604
Buchanan will assume
26,575,990
income
Book Equity
8 Mos. End.
Aug. 31, '47
-.Aug. 31,'47
Graphite
L-y.*—
The
$2,586,607
8,681
Drll4
803.
p.
Administration
19,911,202
2,928,967
for
as
Charles
—u
23,600,965
liabilities
Provision
1946
1946
-
.
appointment of Buchanan & Co., Bsveriy Hills and Los Angeles,
under
6,250,000
3,761,625
Accrued
-
Brothers
States
Combined
6,389,432
deductions
Western
The
150,000,000 150,000,000
35.000,000
12,500,000
par)
debentures
the
merger.
Cai. Year
The
$3,976,039
6,636,047
vm-i
910,465
437,147,501 366,137,102
debentures
exchange and
-
-
The
;
1947—12 Mos.—1946
$9,296,543
1,750,113
income
Net
—V.
by Richard
($25
of
.
Wickes
$2,532,525
(net)
other
&
Calif.,
Serial
from
Outstanding
1,843,730
(eurr.)
proxies
above figures are computed on the basis of the equivalent of
The Wickes Corp. which would bs outstanding as a result
the merger as follows:
>
■ ■ -
in
LIABILITIES—
■
result
a
Wickes Brothers,.™:•
i946.
1,977,558
income
Gross
Int.
^37,537,034^99,827,132
J.ilf5'20,875,5861 15,632,833
—
solicit
to
proposes
52,010,389
2,027,cv04
re.erve)
:il
Sundry assets
Due from- sub-idiaxies,
*
(iess
-
Inventories
,
..
The
,
99,859,317
11,655,600
23,513,469
branches
Wickes,
.
consolidated working capital and for providing a work¬
which the three constituent companies may combine as
corporation having a greater diversification of products
Combined
are
1947—3 Mos,—1946
taxes
income
oper.
Other
120,879,764
incl.
Co.
Earnings per Share
'
Co.
over
$2,808,363
revenues^
expenses
Net
$
Cash'i
Randall
share.
'
.
Investments
per
..
.Period End. Sept. 30—
Oper.
Oct. 26, '46
ASSETS—
as
(a)
12,436,612
COMPARATIVE CONSOLIDATED BALANCE SHEET
W-/>-
Graphite
•
i
United
of
totaled 108,175,000 kwb., an increase of 7.59%
100.541,000 kwh. for the corresponding week of
1947,
20,
22,334,977
Earnings per share—
-
Wickes
of the electric properties of this company (previously
Water Works. & Electric. Co;, Inc.)
for the week ended
16,394,739
Dividends
The
and
The Wickes Boiler Co.~_
West Texas Utilities Co.—EarningsNet
Harvey
of
new
;
output
American
.
—V.
Prov.
to
$7
at
its common stock to the stockholders
Wickes Boiler Co. on an exchange basis.
-
Co.—Weekly Output—
West -Penn Electric
Power
34,334,977
12,000,000
year——
issued
and
incorporator,
offering
shares of
685,222
5,481,029
:
and
States
by
plan
•
.
»
1,167,995
19,258,205
1,691,438
•
•
payable
(secured),
$2,080,000; loans payable
$164,591; due to customers (secured), $21,186; preferred
payable $3,500^ securities : lent, ■ $2,040; -accrued exr
penses and reserves, $17,715; 4%> conv. preferred stock (7,000 shares),
$350,000; common stock <29,196 shares) $335,024; surplus, $264,337;
total, i $3,538,393.r-rV. 166, J), 413. ,
;
V
316,016
-taxes-.!——__———__
Other
1947
(unsecured),
-expense * on
year——
charges
Federal
*
—
V
' "
inventory,
8,020,678
property, etc.
taxeu)__:
unamortized
retired
Dr951,513
-7,191,025
since
and markets
than has previously been enjoyed by any of the three
companies alone.
The following tabulation shows earnings and book equity per share
for the constituent companies on the basis of shares expected to be
stock /dividend
'67,395,373
7,069,746
year
share.
a
is
Brothers
obtaining
single
a
LIABILITIES—Notes
provision
a
payable- quarterly
that company to vote on a merger agreement at a
meeting to be held on Dec. 13, 1947.
.
exchanges and merger have been proposed for the purposes
issued
1,196,794,003
10,234,162
incl.
service,
30,
every
subscribed
were
subscriber
United
able
$3,177,477; accrued interest re¬
ceivable, $12,417;. bid deposits, $31,030;: securiites borrowed, $44,472;
due from customers (secured), $82,661;- fixed assets (net after depre¬
ciation), $8,008; prepaid expenses and advs., $16,403; total, $3,538,393.
i,310,975,697
2,077,348,109
90,689,980
8.657,573
income
of
'•'for inventory replacements™—
which
Wickes
of
534,378
426,474
BALANCE SHEET SEPT.
,
ASSETS—Cash, $165,918;
$-■■'$
2,248,766,634
1,308,364,155
3,059,719
2,611,542
•
Sales, including service revenues.
Other
Oct. 26,'46
paid
corporation
The
75,172,756
"Loss.
52 Wks. End.
Nov. 1,'47
Period—
'■'
income
been
stockholders
f Swift & Co.—Annual Report—
CONSOLIDATED
share
a
On a combined basis,. :divi- '
1894.
The present bock value
stockholders'
341,114
taxes
cents
60
corporat'on was incorporated in Michigan Oct. 3, 1947 with
capital of 2;000,000 shares of common stock (par $5)
the-sole
The
$17,513
and
of
on
common
of
200
$
77,874,841
——
income
Gross
rate
The
products,
of
being placed
authorized
an
1944
1945
$
Expenses
■
have
The
share
shares
166, p. 2317.
-Years Ended Dec. 31-
1946
Sept. 30,'47
dividend
share.
a
diversification
wide
the
The new stock is
$ee -also -United- States Graphite Co. in V. 166, p. 2605,
of
9 Mos. Ended
1828.
166, p.
business
of
close
the
at
Co.—Earnings—
&
62,329
$1,480,326
$1.72
$1,180,065
$1.37
record
expire Jan.
to subscribe
rights
Period—
Net
of
and
earnings.
Organization—Merger—The following is taken from a
registration statement which became effective Nov. 10:
will be offered the right to subscribe at $20 per
(no par) to the extent of 1 share for each 5
stock
is-favorable
stabilize
to
annual
The
$902,361
$1,567,619
87,293
•
63,363
interest
minority
to
The
held.
42,188
stock
common
1947,
26,
for common
896,000
:
—
of
Holders
Dec.
on
for the year 1946 on the outstanding stock
share, and it is estimated that for the period ending
approximately $6.75
,
Rights to Subscribe—
255,170
.--
ConsolidatrrV'—$1,245,428
Earns,
394,125
,
Corp;
States Graphite
After eliminating^treas*
shares for one old.
new
Wickes
new
United
stock, par value $5 of The Wickes Corp. was admitted
to listing at the New York Curb Exchange at the opening of business
Dec. 16 and
the common stock, par value $5 of the United States
Graphite Co. was suspended from dealings at the same time.
special charge of $252,600 to cover a portion of redemption premium
and duplicate interest equivalent to the tax reduction resulting from
the refunding of long term debt in 1945.-
1,039
652,000
income taxes—
tax
Capital stock
;
the
The
March, June, September and "December.
The
income taxes resulting
property,
tIncludes a
Equivalent to the estimated reduction. in
the impending retirement of production
from
...
$2,285,860
52,747
499,924
taxes!-—-
income
1945
,-
$2,182,110
165,721
,
—
for Federal
1946;;
$2,107,043
487,320
—-
Prov.
*
v
Dr7,886
income^
Excess
,
--
tend
dends
is
Profit
in
old.
one
earnings
a
1948
for
should
i
,
for
1947 voted to merge into The Wickes Corp.
the earnings will be approximately $1.80
1947
outlook
tl;051,729
preferred stock.
on
Balance
shares
Dec. 13,
on
to $1.11
15,
regular
Superheater Co.—Earnings—
iof: Wickes Brothers ahd The Wickes Bdller Co*, ,
their stock for stock
new
combined
amount
$1,019,600
—1
income
Net
2424.
two
of
'
860,172
deductions.
other
and
495;000
$0.91
■,
Sept.;.'30..,7;:-y;yy-%yyfv
9,219
$1,879,972 l $2,139,628
Gross
Interest
to exchange
end will'receive, three
Dec.
Sun. ay merger deal fell through,
No
respect
is in prospect,
according to Tide
'-$453,481'"
"ury stock,-there will be 751,400 shares of common $5 par value.stock
outstanding. The new stock has been accepted for trading on the New;
Yark Curb Exchange.
The -company is on. a" fiscal year basis ending.
$2,130,409
—
;'v.,y;y.y.,y,'-'-
Co. stockholders
•
,$199,677
„
Dec. 15, said:
on
basis
the
^
$1,904,023
operating
Other
830,139.
255,900
610.
All the stockholders
agreed
945,043-
-
Cr342,300
—
9 Mos.
(The) Wickes' Corp., Saginaw, Mich.—To Place Stock
a 60e-Annual Dividend Basis-^-H: R: Wickes, Presi¬
dent,
'1947
1946
$15,556,772 $14,633,815
10,747,927
9,559,129 -f
"923,576,
913,195
.
.
-4
-i-
_
3 Mos.
shares
outstanding-,---:495,000
per
share——i—i.
$0.40
—V. 166, p.
166, p. 2000.
which ;
Sunray
Capital
Earnings
divi¬
and
outstanding common stock in 1947 received cash
follows: March l, June 2 and Sept. 1, 60 cents each;
present
1, $1,60.—V.
Operating
the
166, p.
of
payable March
on
expired Dec. 23, under which it would have purchased at $25 a share
1,923,447 shares of Tide Water he'd by the Pacific Western and Mis¬
sion companies.
Tide Water stockholders recently approved the deal
and, authorized
directors
to
reacquire the stock from other than
Sunray
stock,
•
Sept. 30, 1947—
earnings™...:.,-™-
Net
dividend
cash
a
Washington Gas Light Co. (& Subs.)—Earnings—
■
Oil
Associated
Water
Tide
The
dends as
Dec.
'
holders ;of record Dec. 31.
declared
further
directors
The
Period End.
declared
share oh the new increased common
to^holders of record Feb: 11. -
prior preferred stock. Mission holders
shares for six new shares of Sunray
4ya%
par
each
exchange
haSvbeen
dividend
payable ifan.; 23, 1948 ^to
„
White's Auto Stores, Inc.—Earnings—
Stock ^Distribution—
on the! commonV Stock,"
VanrRaalte Co., Inc.—50%
gotiations the family's holdings of Pacific Western would be priced
higher-thanthe,$6ffashare at'whichvSunray. contracted to make.the f
purchase.11 "
,
.
•
'
v
,
i"
.
'
The key position of Pacific Western in the deal Is that it owns 47%
of the,outstanding stock of Mission Corp., which, in. turn, owns 59%
of the stock of Skelly Oil, a corporation larger than any of the others.
Mr. Skelly, who is also a director of Mission, recently obtained a pre¬
liminary injunction in the-Nevada courts forbidding a special meeting
of Mission stockholders from voting on the merger.
He contended that
the Mission stockholders. were not getting as good a deal as Pacific
Western
stockholders,,, and declared that if he were upheld by the
courts ■ he- will -lake- -steps. • to ■ liquidate Mission, "
In planning for the merger Sunray had arranged through Eastman,
Dillon & Co. for $87,000,000 to finance purchase of the Getty family
holdings and minority interest in Pacific Western.
Under the pro¬
posed ' terms, 'Pacific - Western holders • could accept $68. a; share <of
■.
convert on the
basis of one share of Pacific Western for
7/s share
Monday, December 29, 1947
CHRONICLE
&; FINANCIAL
THE COMMERCIAL
(2666)
;
t»jned:
'-
v :
:
^Deficit^Vi/ 166? If;"2148.
',685,186
♦
V
:
^689,143 vi
c
"
""
Volume 166
THE COMMERCIAL
Number 4659
FINANCIAL
&
CHRONICLE
Par
DIVIDENDS
Jtum» of Company
Dividends
first
are grouped in two separate tables.
In the
bring together all the dividends announced the
we
Then
week.
current
which
follow with
we
second
a
table
Field
in
The
dividends announced this week
(Marshall) & Co.
Frankenmuth
common
Funslen
Insurance
General
12-22
Orleans) (s-a)
Payne Cutlery Corp;
"k 1-
2
l-
2
2
12-22
75c
•'
1-15
1-
56 '/ic
1-
■
Pemco
1-5
12'Ac
2-
1
1-
2
2
Co.
2-
4.40'A
(stock
div.)__
;
1-2
1-30
12-22
$1
12-29
Nut &
,i
$1.10
Chocolate
Co.
2-
2-
American
Asphalt
Extra
Share
,2
Roof
Corp.
25c
(quar.)
American
Iron
Machine
&
Common (quar.)
SI.50
preferred
American
Mail
Atho".
Steamship
(year-end)
1-15
12-31-
$14
12-29
12-17
12-23
12-17
'
2
2
1
1-12
(quar.),
Extra
—
__
Badger Paint & Hardware
Stores
dividend)
dividend
common
2
5c
1-
2
1-
2
2
additional
(one
—
■
Bathur.st
Bay
&
el.
A
Railroad
12'Ac
Stockyards,
Boston Edison Co.
Bourbon
Stock
Brantford
Burger
4"_%
Byers
$2.50
A
Hydraulic
Co.
1-
2
2-
2
1-
2
(s-a)
$40c
512-30
9
1-
12-30
2-
$1.75
Camden
(extra),
Refrigerating & Terminals
Converters
Canadian
Ingersoll Rand
Lite Insurance
Co.,
Ltd. Ul.
A
75c
(quar.)
$18%c
Canadian
(quar.),,.
Canadian Vickers. Ltd., $7 pfd.
Casco
Products Corp.
(initial),,
4%% pfd. (quar.)___
Extra
2-18
2
40c
2-2
1-
2
(year-end)
Chicago Railway Equipment, com. (year-end)
7% preferred (quar.),,
Brothers
$1
m
Utilities
Citizens
3/100ths of
Cleveland
Co.
( payable,
share of
a
Stock
Union
Cllnchfield
Co,
Coal
12-27
in
1-15
25c
2-21
12'Ac
12-30
1-12
Foil, 5% preferred (s-a)
Collingwood Terminals, Ltd.—
1-
2
12-20
$1.50
1-10
1-
2
12-16
(interim)
Common
Preferrence
$25c
(interim)
•10c
1
Car
1-
1-24
Class
1-15
12-22
50c
2-1
1*
1
1-
5
'25c
>'<;i-
2
25c
1-
2
12-19
10c
1-
2
12-20
4-1
'
(quar.)
u
Co.,
12-24
12-31
12-24
1-15
1-
1-
7
ctls.
Cottrell (C, B.) & Sons,
Co.,
$1.62'A
ord
12-24
deposit
for
rets,
$1
1-15
12-31
Sterling
12-16
Stratr.more
iquar.
12c
Life
Insurance
Crystal Tissue Co.
Extra
Curtis
-
(Toronto)
$6
(quar.)
(quar.)
Companies
Davis Coal
Denver
y/c
&
&
Coke
Rio Grande
Union
Detroit
Gasket
Diamond
Stock
<fe
Yard
American
Dodge' Mfg.
Co.
$5
12'Ac
"■
(quar.),,—< -
1
•
-
•;.»• - -
/
1-
1-26
25c
1-2
reeeiptsi.i_^_-^___——^ 10.1/10c
12- •24;
15c
Woollens & Worsted* Ltd.
.Extra
A
—-.-j---.
Eastern
Utilities
•'2'"'
•
.
'■
<•
•
2
1 ■15
X- 5
2
■
conv.
stock—1_
•12 r- 12-30
•15
12-31
•25
12-29
1
-30 c-
.
'
25c
20c
-
Ely •'&' Walker Dry Goods, common' (extrar
.
37'Ac
(quar.),
1-31
12-31
37'AC
12-31
15c
1-15
1-15
A $15c
2- 1
$10c
2-1
50a
1-10
12-31f
25c
1-
2
12-29
1-
2
,
Co.
class A
(quar.)—,
(quar.)
(extra)
common
(quar.)
;
$1.50
12-29
1-16
50c
1-20
50c
1-10
12-31
1-10
12-31
12-23
.12-20
10%
$40
Corp.
(quar.)
7%
St.
of
louis
of
Co.
62'Ac
preferred
(quar.)__—_
(s-a)
1-6'
12-23 >
$$1.75
$3
12-17
1-15
12-23
:
1- .2
:,A
12-31"
12-15
Missouri—
2-16
1-31
2-16
V 1-31
85c
12-31
12-20
Union Stock Yards Co. of Omaha
12-20
Union-Sulphur Co.
12-12
1-
2-25
2-16
1-31
1-
"
United
(quar.)
Van
5% preferred
(stock dividend)
Co.
(initial
common
Wabash
Railroad
cash
2
Company
Washington Title" Insurance,
12-24
12-23
1-20
1-
"Class ;A
12-30
A.
52'Ac
12-31
12-20
Abbott
1-
2
$15c
2-
1
1-15
I
2-
1
2-
2
1-15
1-
2
2
12-26
12-30
12-24
1-
2*
;
Inc.
(resumed)
1- 2
12-19
(quar.)
1-
2
1-15
1-
2
1-15
1-
2
6%
(J.
&
'
Aetna
$1.25
1-
8
12-26
$1.50
2-
2
1-15
20c
1-
2
12-22
5c
1-15
1-
1-15
1-
Inc.
&
Insurance
12-
12-8,
(reduced)
$25o
s
—
Surety
1-2-48
7'Ac
1-
12-10
2
12-22
20c
12-30
12-15
50c
1-10
12-18
12'Ac
12-15
2
1-
2
1-
2
62'Ac
(quar.)___
1-
12 'Ac
37'Ac
(quar.)
1-
2
12-15
12-15
;
12- 5
•
Insurance
(increased)
12-
40c
(quar.)
1- 2
1- 2
.12-10
20C
Co.
50c
'
1-
2
12-10
1-
2
?. 12- 5
1-
2
;
40C
50C
Aetna-Standard
8
12-
.'
Life
12-29
12-30
12-30
12-
Extra
-
Holder$
1-19
$37'A
J,,,,,,,,.
Casualty
Aetna
2
When
Payable of Reo.
50c
D.)
Extra
2
30c
—i
12-26
t62Vac
Extra
Society (quar.)
12-26
Co., Ltd.—
Paper
com'ertible preferred
Aetna
Navigation & RR. Co.
Petroleum
*<,
35c
Extra
1-15
Per
8har§
12'/2c
Mfg. Co. (quar.),:
Addressograph-Multigraph Corp.
(quar.)
Aerovox Corp., common (resumed),
$1
—
12-51
1-15
1- 2
—
Power
Adams
10c
,——
...4
$1.50
Acadia-Atlantic Sugar Refineries, Ltd.—
Class A preferential partic. (quar.),,
12-26
1-
40c
—
12-22
'$1.50
__
:
$1.50 preferred
(quar.),—
$2.50 prior preferred (quar.)
1-15
12-19
$3.50
(s-a)___
2-11
12-22
'
(irreg.)
Company
Products,
Laboratories
Abitibi
12-26
•
W.
P.
Extra
12-18
(quar.)
v
12-12
30c
com.
preferred, (irreg.)
Name of
1-15
12-20
$1.50
preferred
v
14c
12-24
1-31
-$1
12-31:
1
12-26
given in the
12-31
Co.—,
3-
$1
12-20
$1.12'A
(quar.)
1-15
1-23
50c
2
1-15
v
preceding table.
1-15
2
50c
$10c
1•
2
1-30
Below we give the dividends announced In
previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being
6
1-
$1.05
(quar.)—
12-30
5
!-• 2/•"T2i20
80c
12-30
8
2-
50%
dividend)..,
Warner
2
1-
8
1-
62'Ac
Co.
1-31
1-12
50c
(quar.)
'k
1'<
75C
(year-end)
Wall Street Investing Corp. (year-end)
5
1-
1-
Raalte
New
5
12-31
$1.75
—
Transit Co..
KDe'.), $3 pref. (accum.)
U. S. Industrial Chemicals, Inc
12-24
12-30
7'Ac
65c
50c
Corp.
12-19
1
50c
(quar.)
United
5
1-
2-
(year-end)
Special
12-16
(irreg.)—
Paper Mills__Z_
1-10
2-16
1-14
7c
common
1-10
•
25c
Adam Hat Stores,
7%
12-31
.
87'Ac
12-26
—
Cement
5-
1-15
92'Ac
$1
A
5
1-
1-31
37'Ac
(quar.)
&Co
Co.
1-
28c
pfd.
>1.12 'A
$1.12'/a
12-16
56'Ac
-
New
Oil,
Mining
&
(s-a)_—
$1.25
■15
12-31
.
12-23
This
(quar.)——,-—
2-15
2
1-
12-31
Engineering, 5%
$2
pfd. (quar.)
•
$1.25
12-31
12-
5
5
12-22
12-19
12-31
;
12-26
12-22
v
12-26
12-22
•
$1.50
12-24
12-30
$2
12*30
•.
-
*
;
'•
$1
-
1-15.,
1'
1- 2
1 •15
12-27.
-15>' 12-27':
'1st•"-•preferred''j-v-—i"
;70tr
W<r '-2nd preferred -(s-a)—
1
"
12-27
GOCv
20c
Empire Millworki Corp._„
* ••
M *
">an A:-1 •3o
Enamel." & Heating Products; ;Lfcd. (irreg.):. iA— -1:50c-" V 1 •31
12-31
vErwint CottTon -Mills
'
•:2"'''J 12-26f
K.Spediat
600 '
+2% 12-26
■? A:Fabrl(»stflRrodtft3ts^l^WAi£lw^
12-31;
:30c,
■% AEall jRiser iElectric Light Co?-_i.-__=
65c' j:i
2 '" 12-24
Federal; I^liic ^olv^common - (v> - * 40c~ •M
'12^22*'
<
A7 rIp.
; i
-.
•
(•
■
•
V
$1.25. >'
1-14
1v.:
"■'
*
preferred (accumV)————_——
$ 1.75
6'r
preferred .:(accihn.)ll_-_.---.l—l.—li *.• ^ $1.50
Northampton Street "Ry."
,
' ,
Northwest' Airlines*. TrfcV," '4.6%'; pfd. (quar.)• 28%e
(quar.)_;;
Northwestern Bfell 'Telephone Co; (year-eiitl)'A^/$1.50
Northwestern. National Insurance-" (Milw.y^-
1-20
■
-
'
i^
■^er?eas:f':Seouriiiw>^ear>endl
Pacific"Car
Jfc'Foundry,-
cdmmon
.
fijnai.}
Ahlberg
;•
-',
Bearing
$1.25
-
lfto.
1-15
-
12-31-
class
Co.,
(N.
A
Corp. (quar.)
Year-end. :.__u
Air Investors,: common (initial)
r
$2uion-cum. convertible preferred (quar.)
-v
'"Extra
Co.,
Inc.
,
•
1- 2
12-20
25c
1- 7
12-19
55c
12-29
12*19
9c
12-31
/r
12-31
:•
12-24
12-31
250
1-20
12'Ac
_
conv.
i,___—_____
1-20
13%C
"20c
;
•Extra
s-
Alden's;--Inc.; jf/4% .preferred
_
1- :5 .»
/•
12-im
-
-
-
•
•
•
34%c
S'A%
•12r24
1-26
12'Ac
—
.
12-24
"50c
_
pfd. J$25 par) .(quar.)
preferred ($10 = par) -(quar.)_______
Alabama Fuel & Iron (quar.),;——L—*—i._
f
•.
1-10
12-15
9c
(quar.)
(reduced)
Corp., .common
(reduced)_
A
-
1- 2
83Ac
;
Air Reduction
1-20
75c
(quar.)
(quar.)_____
.
r
-).;*
6'c
Y.)
(quar,)i_.I_;__'
12-29 v rAllegheny & Western Ry., guaranteed (s-a)
r -' i Allen :Electric k Equipment: .(quar.Ut._w^s_.
12-22 Alliance Realty ^Co;_. conv_pfd.-A--(initial^
i2i?20; /! T Allianceware, lQc.;rrCQmmon____J_
.
,12^29; -f 12-26;-;:
-
Co.
in
6c
:
.
'
ii' 2K
read
12-31
,
30c
•
12-30
12-22
.12-23
i" 12-22
'
W-B
12-31
$1.05
$1.06V+ '
•
$3
2'A0:rf
6 Vic
1- 2
1- 2
300
12-24Alabama Power Co. jS,4.20,pfd. (quar.)____—; tj
1-16
12^31
•
*^
vj
reported
have
-
•
25c
v
12-31'..
•:
2-/1
12-31;.
>;$1.25..
•^"'Not^hwastern?Sfatea T^rt]ahd Gemeht (quac4'
No^ag/.Spring
*
•
1-20
12-31
r
should
;
5'/2%
2
•
It
Airlines Foods
12-22
••■.
•
.
incorrectly
was
issue.
not $6
Class
-.
't
last
...
Ainsworth Mfg.
1-2
•,s
(correction)—
Agricultural Insurance
12-10
12-31
r
■
25c
35c'
:
Fund
payment
our
9'
12-24 U 12-18
$1.50
....
v! Niagara Fire -Insurance" Cb.L.12——'———
V. Nicollett Hotel Co. (Minn.)— 'A r,
1st »preferret!" mbn-cum/'.fvear-end)
Northern Indiana "Public Service^—
H
5 <a : preferred- (quar.)
"
3
2-
y, 40c
,
England Laundries,. $6 pfd. (quar.)-—.York Telephone 'Co.——.———"
Northern States Power (DeI.)—
3-
$$1.75-
preferred (quar.)—
•
-
Affiliated
12-26
lc
-•;'New:;.Y9rker: • Magazine~;_'i'lli—-
1-15'
1--8
50c
—
Machine
;
Development
Products (quar.)
(Wm.),;Ltd.t 1'/,.
Britain
New
New
;
& Port Carbon RR.
1-15
•
$1.25
(quar.')i.L ;-
A
•
12-22
2
A
17c
■
2
12-26
(quar.),:
'
•
common
6%
(quar.)
Tobacco,
Union Electric
12-16
70c
(quar.),,,—
class
preferred
(quai-.)
Distillers
Co,
Neilson
•
1-15
1-15
2
2
'
12-31
(quar.)
2
—-
Loan
National
1-15
^I7cv
1st - preferred
Associates,
2
2
A
$1
12-23
(quar.)
2
20c
preferred (quar.),,
Ltd.,
Water Co.,
Diablo
Mount
11-24
.•
1-15
1.
15c
_
V Bast ^Coast Electric-Co.' fquar. )—_•
Eastern ' Township; Telephone.' (quar*),
i
A12-15
preferred
1-
(quar.)
Bakeries. Co.,
Mount Carbon
2- 2
•
2 •2
50c
Drfcxet - Furniture CO.—_—i.ii Dueommun^MetaIs- 8c/6upply Co, (quar; )i-i;i,
"4 Duquesne Light 5'A
:• .<
J20c
1
*
•
12-15
12-22
preierred
1-
(irreg.)
preferred (quar.)
Monroe
10-15
2 •16
2
:
12-31
preferred
12-29
34 %c
Extra
Mohawk
12-24
12 •24
15%c
(quar.)___,i,
(Dravo Corp.. (extra)
f
25c
$4.a0
$5
preferred
Inc.
Co.
Co.,
Portland
Mosinee
2
•
12-23
12-31
$3.70
10c
Mississippi Power & Light Co., $6 pfd
1-12
'
12-23
12-31
12-19
12-30
—
Semi-annual
2
2-
Dominion
&
non-cum.
4%
*•'
2-14
1
12-31
15o
12-19
50c
(irreg.)—,,,—______
Products,
Field
Grain
Midland
'
-;:
Wall
Middlesex
t-: r •
,
deposit receipts,,,,—_________
Corp.
1-12
15c
(quar.),—
com.
9
2
$1.25
(quar.),,
—
Medusa
12-31
3-
12-29
-2
$3
—
& Electric Corp.—
preferred (quar.)
Mill Creek & Mine Hill
60c
11
1-31
6Vo
Co.—
(quar.)—
8
$3.50
25c
12-30
1-15
9
12-26
1-
1-
-
American deposit
'
RR.
Mfg.,___—
Ginger Ale
M Distillers Co.; Ltd.—
»'
Western
12-27
1-
1-14
12-20
12-24
41c
pfd.
60c
Corp.
Products
1-20
•
$1.25
Power
Paper Co.,
RR.
2-10
2
2
McDonnell Aircraft—
12-90
1-29
$4
preferred (aceum;——
Denver
.
!—
1-15
10c v
—
(quar*)_____
(special)___
Inc.
l-"«0
Tuckett
1-
62'Ac
Class B (interim)
12-20
20c
Trico
1-15
1
dividend
Tiffany
12-23
$1.06'A
12-20
12-30
12-15
12-19
1-15
1
2
Super Mold Corp. (Cal;) (quar.)
Thor Corp. (increased cash dividend).
2
1-
1-
1
1-
preferred (quar.),
Electric Motors
Stock
1-15
2-
$19c
Studebaker
1-10
12-20
75 c
Corp. (quar.),,
50c
McCaskey Register Co., common (year-end)_
$0.14065
4l/st% preferred (quar.)
12-31
-
90c
———
Cypress Abbey Co
Bros.,
2
2c
i-w.
—
Davidson
1-
12-30
1
B
2-
(quar.)___
preferred
1-
12-23
25c
12-31
Tunnel
(quar.)
2nd
Colorado
B
1-10.
2-
5oc
12-15
12-31
$1
31'Ac
50c
McCall
1
15c
2-
$1
—
Maryland Drydock, 41/2%
12-20
$$5
;
6%
12-1G
'
Maryland Casualty, $2.10 prior pfd. (s-a)___
$1.05 convertible preferred (s-a)__—
12-31
1-
2
1-21
12-31'
12-19
12-30
1-10
30c
$1.50
1-
30c
2
12-22
Marshall
12-20
1-29
1-
Class
1- 9
•$1.06'A
(quar.)
Southern
1
McCabe
4 9/lOc
—
—
Crown
2
5
'
(interim)——_—
Creamery Package Mfg. Co. (quar.)
Crowley, Milner & Co., 6% prior pref. (s-a)
6% non-cum. preferred
reg.
1-
A
1-5
$10c
v
,
'
12-20
$1.50
preferred
1-10
A
62'Ac
Gas,
Stanley Brock, Ltd.,
(irreg.)
T/r
1- 2
(quar.),,,;
California
12-26
-
1-
Marsh
12-24
1-
6%
pref.
conv.
12-17
2
1-21
Sons,
1-15
1-2
$2l)C
pfd. (quar.)
Corp.,
California Edison
4.48%
Southern
''
1-
15c
(G.)
25c
(quar.)—
12-31
65c
Mabbett
1-25
common——
12-26
(extra)
Light
90c
—
preferred
Southern
.12-15
30c
Electric
4Vz'/c
12-19
1-15
1-6
$2
6%
preferred (quar.)
Courtauld's Ltd., American
12-29
$1.75
$1.50
(year-end)
common (quar.),,_
5%
Luzerne County Gas
7
1-14
12-26
15c
Inc., 30c
1-15
(quar.)
15c
(irreg.)
preferred
4'A%
Commercial
preferred
Shaffer Stores Co.,
1-15
12'Ac
(quar.)
common
Drug Co.,
5%
12-26
2
$6.50
(quar.)
convertible
1-26
—
—r__
Extra
.
12-31
2
Lowell
12-31
1-14
20c
2
1-
2-
Longines-Wittnauer Watch Co., com. (quar.)
$1.20 convertible preferred (quai'«)
12-31
25c
Cosgrove Coal
-
Loew
1-
50c
—
Co.
25c
Co.
Shippers Car Line, 4%
-
1-15'
(quar.)
1st pfd.
5%
Co.,
& Co.,
12'Ac
$5 prior pfd.
& Electric
Gas
1-24
;.I
—
Electric
Seaboard
& Shinkle Shoe Co.—
Electric
&
12-31
1-
$2.37'A
$2.37V2
Co. .(year-end)
Stores, Inc.
Match Co.
Lion
3-20
$1
preferred (quar.)—1
Cooper (Peter) Corp., 6'A% pfd. <auar.)_—
Corn Products Refining Co., 7% pfd. (quar.)
2nd
Roi
4\'/%
1-25
$1.25
E.)
12-31
12-27
________
1-16
(quar.).,
Scranton Lace Co. (year-end)
Scythes & Co., Ltd. (year-end)
12-20
Inc. (irreg.)_„,____
Supply Co., $5 pfd, (quar.),,
Power & Light—
Lincoln
12-19
$2-
Rubber Corp.,
Converse
Le
5
2-
47'Ac
•12-23
30c
preferred
Lawrence
12-27
Conn.),
preferred
$1.37V2
(Ed.)
12-20
Kobacker Stores, Inc., common (quar.)
12-15
12-31
15c
60c
Schuster
3-10
\ 12-14
5c
(quar.)
Scranton
1-15.
A A;;l
25c
Co., Ltd., class A
B
Schenley
7
Co
.
"
$2
I accum. )
(quar.)
12-20
12-31
tE.)' Sons Co., common,—:
Gas
Inc.
12-30
25c
(Geo.
Avenue,
12-27
lc
Navigat-on Co._,_.
Stephens
6%
1-15
12'Ac
a—
y
t
3-20
$$1.12 »A
t$1.12»/a
(inuiai)
preferred
1-20
50c
—
9
_____
12-30
$1.37'A
Y.)_—
p.d.
3-
2oc
Inc.—
25c
$$3.75
Co., •*'/«
1
■"
(quar.)—,
Distillers Corp.—r
canaua
(N.
9
4-
Sai gout & Co
Scarfe &
Keystone Portland Cement, $7 pfd. (accum.)
Knudten Creamery Co., common (special)
12-20
$$1.25
4\h.%
1-24
50c
Commerce
9
3-
•
Dry Dock Co., Ltd.—
1st preferred (quar.)
1-24
Co
$2 junior prior preferred
1-10
2
John
2-14
$1
oi
3-
1
25c
(quar.)„„...
50c
—
1
4-
$1.12 'A
$1.12%
_
—
Co.,
Fifth
2-14
(quar.)
Furniture
Service
Kansas
Keith
1-10
1-31
68 %c
10c
(quar.)
Heating
preferred
Consolidated
1-31
$25c
$2.75 pfd. (quar.)
Combined Enterprises, 5%
preferred (quar.)
Composite Bond Fund (quar.)
Connecticut Light & Power, $2 pfd. (quar.),'
$1.90 preferred (quar.)
Connecticut ^ Printers*
Inc. (quar.)
A
Special
Connohio Inc., "40c preferred (quar.)
Building
2-14
__
Collins Radio Co.,
St.
1-15'
•
4-
Electric Steel Co.
$1
$1
preferred (quar.)
Kansas City Sructuval Steel Co.—
6r/~
preferred (accum.),.
12-31
2-
•.
(year-end)
Field*
Russek's
1-15
1-15
1
25c
(increased )„
& Co.
Co.
37'Ac
5%
12-31
62'Ac
Cochran
12-24
—
Kanu's
12-19
80c
(quar.
(initial)__
2
$1.50
•
or
common
1-
Quarterly
12-26
2-16
stock)
common
Yards
new
cash
12-24
Mutual,
Johnston,
12-26
12-27
35c
,—
2
*
■
Johnson
12-18
43 %c
.
Cincinnati Gas & Electric
1-10
$3
Rotary
Russ
$1.25
preferred tquar.)
Jersey Farm Baking, 4% preferred (quar.),,
Jessop Steel Co., 5%. preferred (quar.)
12-31
2-
4 Roosevelt
12-18
2-
5%
—
(H. W.j
12-29
1-
(quar.)—
4%
1-20
1-15
2-16
of
Central
Jersey
1-10
30c
50c
Chase Candy Co, (increased quar.)
Chase National Bank
(quar.),
(quar.)
Petroleum
1948).
12-18
2-12
■
Rike-Kumler
.
12-29
25c
Chemicals
Jamaica Water
12-31
1
$1.18
Central Kansas Power,
Chewy
2-
of
.
12-31
50c
Mortgage Co.,(Bridgeport,
Investors
12-31
1- 2
$$5
.
$$1.75
(accum.)
dividend).
12-16
1-15 s
1-31
25c
12-16
(quar.)____'—___
Co.
2- 2
,
20c
International Mil.ing
12-30
•
(casu
com.
dividend
preferred
Rickel
(quar.)^.___
Bank
International
12-17
1-31
,1-12
Remington Rand; Inc.
12-20
12-30
$25c
12-23
$75c
12-22
25c
12-23
_____—
12-19
12-30
1-15
Corp.
Stock
12-30
2-16
Reading Company (quar.)______
Reitn.an's, Ltd., 5% preferred (quar.)
1-15
ru 2
$90c
Reybarn Company (A liquidating dividend of
abou« 20c per share
payable in the spring
(special)___
Lumber
Inter-lSiand Steam
7
1-16
12-27
Purex
12-15
Republic
(quar.),,,,—,
(quar.)
Properties
Ingersoll Machine Tool, class A
"
$$1.25
(year-end)
12-20
2
,12-19
2
1-12;
12-20
$1.25
2
1-25
1-
2
s.
.
1-
50c
Industrial
Investors
Canadian
.A-
(s-a)„—
12-31
(quar.),,,
Telephone
(Toronto)
12-26
2
Bell
Industrial
12-18
1-
$1.12'A
Ltd.
(quar.)_„
50c
—
Industrial
12-31
50c
(initial quar.)
M.) Co., 7% pfd. (quar.)—
Transport,
prior preferred
1-
12-31
1-
20c
Puget Sound Power & Light—
12-31
(quar.)
common
Imperial Life Assurance Co.
1-15
1-15
40c
—
2
40c
—
Gas Co.,
(Edward)
Illinoii,
12-20
2-
Provincial
'$1
»
50%
-
V
50c
Huttig Sash & Door Co. (exlrat,,:
"1-9
$1
-60c
1st preferred
(A.
1-12
(quar.)
Brewing Co (quar),,
Mfg.' Co.; common
Butler
2
Inc.' (quar.)
Roofing Co., Ltd.
Bridgeport
12-31
1-
dividend)
1-10
'
"
Holly Development Co. (quar.)
Houston Oil Field Material, common—-J—,
5'/aA preferred (quar.),
12-31
2-16
(cash
1-15
——
1-15
Co.
1-15
^
Mfg. Co.
(R.) Co., class A
Hoe
12-20
2
B.)
$$3
Hobart
12-20
1-
(Fred
$4.50
Jersey, class A
of Canada—
(accum.
Realty- Co.
Special
12-26
1-2
10c
(quar.
Co.,
1-2
15c
(accum.),
Hines
12-12
1-15
———
Yards
12-19
25c
.——
pfd.
Co. of New
Hewitt-Robins, Inc.
3
50c-
'—■1st
2-
75c
■
7%.
1
35c
__
(quar.),
common
preferred (quar.)
Black, Sivalls & Bryson (quar.)
Blair & Company,,
Bohack (H. C.) Co.,
12-31
3-
20o
dividend
$1
12-31
i-15
■A 2- 1
:
Products
1-10
(Montreal)
—
convertible preferred
1-17
1-15
1-15
90c
_r
12-20
10c
.
.
'V.25c
(quar.)—_
2
12-30
$2
12-31
'
(quar.)
preferred
1-
$50c
(s-a)
—
America
Henkel-Clauss, $6 preferred
Hershey Chocolate, common
12-18
$37 'Ac
6%
Extra
1-26
10c
(quar.)
Petroleum Corp. <initial),
(quar.),——
Belt
Ltd.
(s-a)_
Hatfield-Campbell Creek Coal Co., common,.
5% non-conv. partic. pfd. (quar.),,
Hawley Pulp & Paper, $6 preferred (quar.),_
1-15
12-31
Stock
$o
12-15
1-15
250
—
2
20c
Prophet
12-31
1-26
Co.—
North
of
preferred
$1
25%
—_
Ltd.,
Co.
preferred
8'/«
12-23
5c
—•_
Beacon Associates
i
2
1-26
15c
Paper,
Co.,
B
Hartford
of
stock for each four shares held)
Power
1-
50c
17»/2C
share
7%
12-23
(quar.)
(quar.)
9
Co.
Extra
12-31
•
1-26
$1.25
& Transit
Rubber
Guaranty
12-23
1-
1-
/"
Rubber
Edison, 3.60%
$$1.50
12-23
Barcalo
Mfg. Co. (quar.)
Bartgis Co. (quar.)
; Extraii.i
(initial),,,,
Knight Co.__,__
Guarantee
12-23
37'Ac
Baldwin
Slock
1-
_____
______
(cash
Elevator
&
Graton
12-23
,
$1.50 preferred
50c
$1.12'A
' $1.12'/a
37'Ac
(quar.)
common
Co., Common
Rapids & Indiana Ry.
Class
1-2
2
1-15
preferred (quar.)
Guardian
5c
_
—
Rubber Co.
(quar.)—,—Ll
12-29
5c
2
1-
20c
Inc.,
H.)
(P.
Gro-Cord
Television
&
2-
20c
(s<-a)_
preferred
5%
1-20
5c
A
37'Ac
pfd.
(quar.),,
12-15
2-
3Qc
,
Corp. for each' share held^--—.
Automobile Banking Corp., common (quar.),
Class
40c
Extra
(quar.)
Automatic Steel Products (stock dividend)—■
.
Corp.,
Brothers,
Goderich
12-15
1-
$2.50 $
prior preference
of Majestic Radio
Prentiss-Wabers
Shoe
Grand
1-
$2
& Savannah BR. (s-a)__,
Nichols & Co., Inc.— Iv
share
12-19
Mills/' Irtc. (quar;
12-31
1-15
12-22
.
VAugusta
One
12-24
Glatfelter
$1
Mfg. Co;——
Gas Light
(quar.)—
Conv.
$1.55
Gimbel
$3.85
Att.eboro
Austin
12-31
27'Ac
—___
(annual),—,
(liquidating),—,^
Co.
Potomac
"
'
American
Plymouth
12-20
Gerity-Michigan Corp.
$2
(quar.)—
Ltd,
12-20
12-31
$4.50
____
Line,
1-15
12-31
15c
General
12-15
15c
15c
(quar.)
;
Co. (year-end)_„__,
General
12-31
1-15
Works—
^
American Railways Corp.
1-15
1-10
15c
Fidelity & Casualty Co. (quar.)__
Fidelity Company (quar.)
i,,!,
preferred
Development
conv.
General
12-31
$1
American
6%
12-31
15c
________
American
1-15
.
(quar.),,
Common
Holden
Payable o1 Rec.
1- 9
12-27
1-
5(JC
"
When
Per
Name of Company
1- 9
1
1-15
$1
(Irreg.)
12-22
■
1
95c
(accum.)
12-22
1-1
/.
(quar.)
'
1-15
12-29
75c
75c
Plomb Tool Co
Co, of Texas—■
12-16
5%
—
(quar.)
preferred
Planters
1-15
A1-15
50c
(N/ Y.)
common
preferred (quar.)—,
Pittsburgh Brewing, $3.5C pfd.
.12-15
2
;i 2" 2
$1.12'A
(New
3.8%
12-15
1-
Insurance
Corporation,
>$3 preferred
1-15
$4
Life
$1.25
Philadelphia* Electric Co,—-
12-17
2
5%
11
When
Holders
Payable of Reo.
Share
Corp.*
Extra
v-
.
12-29
6
Finance
pfd. (quar.)—
4'/2%. convertible preferred (quar.),
12-22
1-
;•
$4
Oil
American
Pan- American
2'Ac
•
,""::'Class"B.;(year-end
are:
12-22
12-29
$1
Co., 5'^ conv. preferred (quar.)_^__
Co., class A (year-end)___
Gannett
2
50c
(quar.)
conv. pfd. (quar.)
Co., 4)/2%
(R. E.)
Gabriel
1-
50c
,
(quar.),,
(quar.),,
Co.
Company
1* 9
Pacific
Marshall FiCxd)—
(see
Brewing
Par
"Harob o/
;
12-22
2
25c
v
participating preferred
Participating
Fireman's Fund
Holderi
1-
15c
(extra)
4%
1"
,
,
35c
—
Works
Filing Equipment Bureau,
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
declared*
—
Screw
When
Share« Payable of Reo
Jersey (quar.)
*
Extra
Federal
show the dividends
we
■>'
.
Federal Insurance. Co. of New
(2667)
1-2
}im
i-
12-10
.12-20
•12-20
^
12V16
>
12*17
$2.50 /con?«rtiWft
;
12*16,
124&
"
12
'
$3.75
Co.
Co.
preferred
Aluminum
Goods
Aluminium
Ltd.
7
93 %C
Canada,
(quar.)
2-
1
3-
$25c
—
4
1-14
75c,
1-31
$$2
1-
2
75c
1-
1
12-15
i2y2c
(extra)
convertible preferred
6%
Amalgamated
1-
2
12-17
1-
5
1-
—
American Air
(quar.)
Co.
Sugar
12-
y
Filter,
__—
(quar.)
(quar.)
common
25c
—
12-20
12-20
1-15
12-19
American Bank Note, common
40c
1-
2
12-
8*
', 6%
75c
1-
2
12-
8*
$1.75
preferred
(qu0r,)._______...—~—i——American Alliance Insurance (N. Y.) (quar.)
preferred
(quar.)
:
American
2
2
12-10
1-
1
12-19
/; 1-
1
12-19
1-
1
12-19
1- I
12-19
1-
12-19
—•
••
..
$2.25
preferred
(s-ai
Co.
(increased
American
Book
American
Bosch
American
Credit
Business
American
Can
American
Cast
7%
Co.
Iron
class A
pfd.
American
Casualty Co. (Reading,
Quarterly
American Cigarette & Cigar
preferred
6%
1936.
&
Light
7
2
12-17*
1-
2
12-20
—
1-
2
Co.
American
Crystal
Sugar,
12-31
$1.50
12-15
12-16
2
American Cyanamid
Special
3'/a% preferred
American Dairies,
preferred
American
Discount
Distilling
American
Felt
12-16
Babbitt
(B.
2
12-16
Babcock
& Wilcox
Backstay Welt Co.
25c
1-
2
12-
2
12-
Co.
1
2
12-
1-
2
12-24
1-
2
12-24
25c
1-
2
.___
(quar.)_
Georgia
1-28
1-
2
12-
$1.50
(quar.)_
1-
2
$1
1-
1-
$1.12%
__
1st
&
Felt,
Hardware Corp.
American Home Products
American Ice Co.
Corp.
12-31
12-22
1
5%
preferred
-American
12-
4%
7%
preferred
American
3.90%
Bank of Manhattan
25C
1-
2
12-19
Bank
of
1-
2
12-19
Bank
of Yorktown
1-
&
2
12-19
Bankers
50c
12-29
12-29
York
New
Bond
&
Maize
12-19
Bankers
1-
2
12-10
-Bankers
1-
2
12-10
10c
1-
2
12-15*
Bankers
'60c
1-
2
12-12
Barber
Asphalt
(W.
Co.
1
12-15
35c
1-
2
12-11*
1-
2
12-11*
Life
National
Manufacturing
Metal
H.)
7%
of
preference
Oil
Co.
'
•-
JL
Common
American News
12-19*
Chemical
&
5
3-22
7-
2
6-22
Baystate
1-15
5
12-22
1-15
50c
...
1-
11-
2
5
12-20
2
12-
8
(stock
1-
2
12-
8
A
Snuff
1-15
Refining
States
1-
5
1-
5
12-10
1-
5
12-10
(year-end)
$4
preferred
Refining
(quar.)
American
Tobacco
American
Turf
Bottle
Co.
Woolen
6%
Corp:
Co.
Zinc Lead
prior
(s-a)
Electric
pfd. (quar.)
(year-end)
12-
2
-
:
-
V
&
1-15
Ltd.
Mfg.,.
1-
2
2
12-
__
12-27
Co.,
$6
1-15
1-
2-
2
2-
2
$1.25
50c
;
:
1-
12-30
1-10
1-30
1-
Mfg..
2
1-
12-31
$3
1-31-48
1-15
2-
2
1-14
%
3-
1-
1
•
3-1
1-2-48
40c
1-15
Co.
12-30
12-20
12-30
12-20
8
1-
8
12-29
$1.05
12-29
30c
———
$1.05
lr 2
$2
12-31
50c
12-30
2-2-48
Corp.
(s-a)
W.)v(quar.)_—
$1.50
2
1-2
Inc., common (year-end)
convertible preferred
(quar.)
50c;
I;* -7 SI. '
Tobacco, 6%" preferred (quar.)
& Brass (reduced)
12-31
12-31
$1.50
12-30
—
;
20c
1■/
1-14
•
1- 2
•
12-16
1-2
12-16
i 12-16
;
15c
i 1-23
■
7:11-
1-13
•
2
12-10
2
-
,
5c
12-29
12-17
25c
12-29
12-22
Common; (special)
Botany) Mills, Inc., "Class A
$1.25- preferred (quar.)
Bower
;
Brazilian Traction
6%
preferred
12-29
12-15
12-29
12-15
12-29
12-15
12-29
12-15
12-29
12-15
1-2
1-16
$1
6%
87»/2C
:
6%
•
;
A
12-31
12-31
1-15
12-31
(correction)—
(his
on
has been
issue
called
de¬
was
62>/2c
quar.)_
'•
12-10
;
1-
non-cum.
•
11-29
1-
2
12-15
$4
25c
•
50c
n2%c
1-
2
3-20
12-15
75c
2-14
ti2y2c
1-15
1-31
12-20
1-15
j32y2c
3-9
12-20
Light & Power Co., Ltd.—
$$1.50
1- 2
12-15
2
12-15
1-
1
12-15
1-31
12-31
62 %C
1-
2
12-18
12-26
12-15
2
12-22
12 %c
1-
12 %c
12-26
12-15
1-
2
12-22
$62 %c
1-
2
12-
5
$$1.12%
1-
2
12-
5
$10c
1-
2
12-
1
15c
1-
2
12-10*
$1.06 V4
Co.
1-
2
12-10*
1-
2
12-31
1-26-48
12-19
.
$$5
(quar.)
Co.,
Ltd.—
Corp.
(Toron¬
$$2
Bronze
preferred
(s-a)
5% pref.
Ltd.
Co.,
preference
12-15
2
12-26
1-
2
12-
1-
$$1.25
$32V4c
—
5
1
12-19
$50C
(quar.)
(quar.)
1-2-48
11-28
2-
2
2-
2
$3iy4c
1-
2
12-10
$25c
com.
$50c
$$1.25
common
(quar.)
Ltd.,
Canners,
'1st
2
2-
Ltd.—
preferred
Ltd.
1-
$1.50
1
(s-a)
Lines,
Co.
1-15
$$1.75
Mortgage
non-cum.
1-
2
12-10
(quar.)
(quar.)
(quar.)
1-
9
1-
9
$5c
L-
2
12-10
$15c
1-
2
12-10
$10c
coriv,
preference
preferred
-
Ltd.
com.
1-
2
12-10
$75c
(quar.)__
preferred
preferred
A
Food
(increased)__
12-31
12-16
12-31.
12-16
12-31*
12-16
12-31
12-16
$43 %c
(quar.)
(quar.)
Ltd.,
$25c
—
common
$55c
(quar.)
Co.,
1
12-
1
1-15
12-31
—
1-
$40c
-12-20
2
(Winnipeg) es-a)
Ltd., com. (quar.);
$18%c
1-1-48
——
$25C
1-1-48
11-28
$$1.12%
(quar.)——-«*——
Investment Corp., Ltd.—
1-1-48
i11-28
$75c
1-2-48
•12-
2
$$1
1-2-48
12-
2
$$2
1-2-48
t12-13
.(quar.)
Foreign
12-
1-2
Ltd.—
(quar.)
Products,
preference
2
$$1.50
(quar.)—
1-
$30c
Cottons,
_______—
..
.....
—
Electric^
General
" Canadian
General
7;.
Class
Ltd.
(quar,)...
Class
Investments, Ltd.
(quar.)
Securities,, Ltd.-.—"
"
B
-11-28
$$1.50
$$1.50
Ltd., class A (quar.)
;7 Canadian
Indemnity Co. (Winnipeg)—
(Increased s-a) -L
^
Canadian Industrial Alcohol Co., Ltd.-—
$200
I
$50c
preferred
12-15
2
2
•;
12-15
1<2
12- 8
12-20
■
.
T-31.
$$1.75
*
1-5
$22 %C
(increased quar.)
Canadian Oil-Co." 5% pfd-(quar.)—
4% -preferred (quar.) i
8%
11-
1-1-48 / /
$$2.12
Canadian Industries, com.
7% -preferred (quar.)
>
1-15;
:
Extra
-
-
12-31
'
.(interim)
Canadian Ice Machine,
■
$17 %c
A ' (interim)
-.
:-
1-
'
.12-15
;
12-10
34 %c
(quar.)
General
11-14
17 2
12-30
2
$15c
Canadian
12-22
12-31
1-31
1-
12 %c
common—;
Power
Breweries,
Canadian
12-10
2
12-31
1-31
2-14
50c
(quar.)
Quarterly
Extra
,
.
1- 2
1- 2
2-14
62V2c
(quar.i
(quar.)
Steamship
Canadian
-
12-17
12-22
3iy4C
——■
12-31
1-15
—
Southern Ry.
4V2%
T
—
12-15
1-15
Burlington County Ry. Co. (s-a)
Co., 5'/2% conv. pfd. (quar.)
Permanent
Canadian
12-10
1- 2
$1.25
-
(quar.)
12-10*
1
1-20
1
Service
(quar.)
Glass
12-17
60c
:
2
1-
$1.17 ya
(increased
com.
Candian Fire Insurance Co.
-
12-20 '
50c
^—
*
1-
62c
(quar.)
dividend
no
Canadian-Fairbanks-Morse
,
$2.25::
"
—
*
1
-
12-15
2
1-
:
12-15
$1.75
payment
.
(quar.)
(quar,)
12-15
40c
pfd.
(quar.)___
$1.75- preferred
•
Roller
$1.30 preferred
12-15
12-29
it.
Northern
Canadian
12-22
1-2
20c'
75c*
(quar.)
Bearing
) Bowes Co.,. Ltd., class A (quar.)
Brentford Cordage Co., Ltd., com.
12-11
'
:.V, ■:£ $1
Boston Storage Warehouse (quar.)
Woven Hose •& Rubber
Boston
12-19
25C
25o
59%C
-
(quar.)——
(increased quar.)
Corp.
—
12-10
2
$50c
12-1.5
2
12-30
25c
(quar.)__^—
"
12-15
2
1-
45c '
(year-end)——;
3y2% preferred (quar.)-———
Boston. & Albany RR. Co.—
—
Boston Herald-Traveler-i
Boston Insurance Co. (increased quar.)
12-15
12-30
$1.50
20c
1-2
12-17
2
1-
$1.50
and
Participating
^Canadian Celanese,
.
25c
$1
12-15
.
W.)
2
1-
*
12-22
37y2c
_
1-12
Aluminum
common
1-
12 %c
28yac
Participating
60c
12-15
2
2-
30c
12-15
2
5%
■
•
1-25
1-
•
5%
12-15
(George
31 y4c
25c
Canadian
12-19
(quar.)
Borg-Warner,
12-17
common
(quar.)
Canadian
,
12-19
(extra)
Month -Club
12-17
2
12-22
—
Co.
Book-of-the
Borg
5%
12-20
.
Mfg.
Development
2
1-
50c
$2.50
This stock
Water
Canadian
12-15
12-31/
(year-end)
—
$1.50
Canada Varnish
12-15
15c
12-15
1-
•
12-29
1-
70c
1-2
55c
(initial quar.)
preferred
Canada
12-20"
12-30
12y2C
(quar.)
to)
12-31
25c
(quarJ—
7%
Canada
12-31
(quar.)_
on
Common
21-31
1-15
$25c
common
Canada
12-26
1-15
1-31
1-
$1.75
•
1-2
7
12-17
(quar.)
preferred
•Canada
$20c
7
1-
1-24
$3.50
Dry Ginger Ale,
$4.25
5
$10c
7-
2
(s-a)
Canada
12-21
(quar.)
common
7
7-24
$1.25
Bread
4V2%
12-21
1-2-48
7-
$1.50
Canada
2
12-
50c
Laughlin,
Bonanza
2
$1.25 /
-
&
5%
1-31
$1.50
,1
4-
1-23
1-2-48
7
7-24
3iy4c
Co., Ltd., class B (quar.)
preferred (quar.)
Crushed Stone, Ltd. (extra)
12-29
$1
7
4-
$2.50
Power
Canada Life Assurance
4-23
50c
7
4-24
1-
(s-a)
Power,
Packing,
B
Canada
12-15
$1.75
1-
31'/4c
Forge
1-16
1-1-48
7
1-24
4-24 •V/ 4-
12-17
Extra
6
50c
12-16
$$1.12%
(quar.)__
(E.
Bohn
12-20
2
&
Bloch Bros.
12-20
-
2
$15c
Co.
12-10
50c
7
: 1-
■
2
(quar.)
preferred
Class
12-10
(quar))—
Electric
Bliss
5
1-
;$l
.
,
Corp._______
12-31
7
1-
1-24
25c
Cement—
preferred
Co.
Machine
Bliss
12-12
1-
7%c
'Corp. (qyar.)
12-29
———
Decker
12-24
•
$5
,
50c
37 %C
1-
1-24
1-
Refrigerating & Terminals (s-a)
Campbell (A. S.) Co. $2.50 pfd. (quar.)
Camp Mfg. Co. com. (quar.)
12-15
(quar.)
12-15
1-24
$$1
(quar.)
a
&
12-15
Blackshaw-Perry
12-16
$1.75
(extra).
,
Artkraft; Mfg.
■
12-29
20c
4% %'
2
1-15
(quar.)
Hats, Ltd.,
Birtman
1-21
10c
:
1-
(irreg.)
i* 2
28 %c
Camden
12-15
preferred
12-10
2
35c
partic. pfd.
error.
Camden
12-15
$$2
of
an
Camden
12-15
2
•
:
12-18
tlOc
.,
2
1-
& Son
(year-end)
Birmingham Electric Co. com.
4.20% preferred
12-23
12-30
53 %c
(increased)
1-
i
Inc.
5%
Canada,
15c
&
(initial)
(s-a)
redemption
California
11-29
12-
1-24
12-10
1-
$25c
preferred (1927 series)
clared
11-29
1-2-48
(quar.)—
12-19*
1
1- 2
35c
A
Electric
California
11-29
1-2-48
(quar.)
2
2-
$25c
partic. pfd.
class
preferred
for
5
1-2-48
2
1-
35c
lease
11-17
$$1
Bird
12-20
1-1
$1
1-31-48
(quar.)
Co.
of
12-19
12-19*
$25c
preferred
12-12
$$1.75
Co.
6
2
The company reports that their press re¬
12-15
80c
8
25c
common
Construction
Inc.
convertible
Binks
Bird
12-11
$1.50
(quar.)__.
».—„
Metal
2
2
(quar.)
Black
convertible. preferred (quar.)
Aro Equipment Corp. (quar.)
Arrow-Hart & Hegeman Electric (year-end).
11-
12-
1
1-
$25c
Financial
was
2
12-
1-2
1-
$25c
.
Co.
preferred
6.%
12-12
$$1.50
—
T.
$7
12-12
15c
,
(quar.)
prior pfd. (quar.)
2
2
$25c
.-7
$1 preferred A (quar;)
Bingham Herbrand Corp.,
12-15
12-29
20c
Gas
11-
1-
9
$25c
(quar.)
non-cum.
$6
1-15
1-2-48
12-19
2
$1.50
_________
(quar.)
partic.
I.
12-26
30c
12-20
1-
30c
(quar.)__________
(P.
$4.70
1-15
2
(quar.)
Extra
12-30*
2
1-
(quar.)
Limestone
Foods,
5%
10c
(s-a)_—
conv.
1-30
50c
12-18
30c
^quar.i--.
1-30
12-29
$25c
California-Oregon
12-15
1-
$6
B
California
12-15
843/ac
(s-a)
Hedges, $2 conv. pfd. (quar.)
Bickfojrd's
12-17
2
5*
50c
(quar.)
C.
1'2-19
43 %c
25c
$15c
(quar.i
(quar.)
non-cum
$7
12-19
25c
Appliance
Corp.,
&
Biltmore
12-10
9
$1.75
Class;B
Arundel
2
12-31
$1
11-29*
1-
Common-(resumed)
Armstrong Rubber Co., class A
Art
1-
12-31
$15c
Year-end
12-19
1-
common
Western
Best
\12-15
1-2-48
1-
(quar.)
$7 preferred (quar.)
Armour
12-16
25c
Bethlehem Steel Corp., 7% preferred
Bibb Manufacturing Co.
(quar.)—
v
Arizona Edison Co.,... $5 preferred
ArkaiusasiEower & Light, $6 pfd.
Arkansas
:
2
(quar.)
preferred
4%
5♦
$1
'
,
1-
2
12-
75c
quar.)
Participating
12-22
12-15
$2.50
Archer-Daniels-Midland Co.
(special).
Argus Corp. Ltd. com. (quar.) :____
4%% conv: preference (quar.)
-
;
5
$1.50
(quar.)
prior preferred
Argus,' Inc;,
12-
2
Anheuser-Busch, Inc.
■
2
(extra)
(quar.)
Oil, common
7 Arcade Cotton Mills Co.
^
1-
1-
&
preferred
Home
Benson
12-15
1-
Angerman Company, Inc.-—-
7%
1
Co.^
Telephone Co. of Canada
Beneficial
5
12 %c
preferred
is", Anglo-Huronian,
Apex
-12-
Products—
Anderson-Erichard
77 414%
2
$2.25
Smelting, common...
$5 convertible prior preferred (quar.)
Anchor Hopking Glass, common
$4 preferred (quar.)
Post
2
1-
53%C
Co., Inc.
Wringer
1-
$1.25
7'"/o '(preferred (quar,)
6%
1-
1-
5
12-16
2
50c
(increased
Class A
$5
$1
1-
12-
12-30
$35c
(quar.)__:
(resumed)
Co.
L.Z__
A
Mfg.
$3
{50c
(quar.)
& Hosiery
preferred
Bessemer
(quar,)__
12-31
$1.50
4
Co.—
Association
Viscose
American
12-
$1.75
Thermos
2
$2.25
pfd. (quar.)
(quar.)
preferred
Gossett Co.
Bendix
Co.—
American
12-13
1-15
(quar.)
Bendix Aviation Corp.
.12-12
35c
7
4% %
preferred
(quar.)
; jAmerican Thread Co. 5% pfd.
12-16
15c
Bell
(Indianapolis) —
Surety Co._„__
Telephone & Telegraph
American
2
12-31
12-
2
12-22
4
1-
5%
Bell &
5
12-
90c
(quar.).
American
American
1-
2
35c
Sugar
% American
2
1-
$1.50
„
Year-end
American
2-
50c
30c
Co.
preferred
(quar.)
conv.
12-22
12-10
com
Insurance
Stores
American
Anchor
conv.
Railroad
Belgium Glove
Ltd., common
12-15
common
2
1-
5
2
-
12-29
$3
Co.
Ltd.
Creek
7%
12-15
2-15
Quarterly
American
;
5
$3
Co.,
1-
12-29
35c
common
pfd.
H.i Co., common (irreg.)
preferred (quar.)
5% non-conv. preferred Series B (quar.)_
Butler's, Inc., common (quar.)—;
4«/2 % preferred
(quar.)
12-29*
12-31
5
12-
12-31
i
American
r
12-
12-31
$1.73
(quar.)
5,7- 6% preferred (quar.)
7American Stamping (year-end)—
;.
12-31
20%
.-.
12-20
1-15
$1.12%
(quar.)
Manufacturing Co. (extra)
Belding-Corticelli, Ltd., common (quar.)
$1.12%
—.1
1-
2-
1-21
12-23
90c
■
3.60%
4V2% conv. pfd. (quar.)
;
5% non-cum. preferred (quar.)
Bush Terminal Buildings, 7% pfd. (accum.)
12-26
50c
Bros.,
Beech
50c
(s-a)
1-6-48
1-15
1-21
2
10c
(quar.)
Non-cum. preferred A
12-31
Belden
Santiary—
Co.
dividend)
Service
American
y?\
7%
Foods Co.,
convertible
Beatty
Mill Co.
preferred
American Sugar
7%
12-19
(quar.)—
Associates,
3%%
11-
$3
I
Corp.
Beatrice
20c
Insurance
preferred
American
.1
2
1st
Beacon
5
12-15
$1.50
(accum.)
_.
Common
- •
1-
2
2-
$1.75
(quar.)__
2
2-2
55c
(year-end)
B
10c
$1.25
Light $8 pfd.
Reserve
American Rolling
,
Class
5
20c
:
12-19
75c
4-
1-
12-15
Corp.
(accum.)
Radiator & Standard
Common
Class
2
56y4C
25c
—
preferred
American
L'
1-
37 %c
Co., 4V2% pfd.
(Ludwig) & «o„ common
preferred (s-a)
Bausch & Lomb Optical, common
4%
preferred (quar.)
12-30
12-31
25c
$1.50
(quar.)
A
Bauman
4 ]/2%
12-20
1-
(quar.)
common
Extra
$1
4Vi-%
2
50c
Power &
American
4Vz%
Class
45c
Bates Manufacturing
12-15
Extra
$5
12-19
Year-end
Potash
American
.
1-2
10c
12-19*
75c
American
i
Class
$6.25
(quar.)
12-30
(increased)
12-18*
(quar.)
12-31
Extra
.
1-
(N. J.)^—
10c
American Optical Co.
Class
$$1.75
50c
(bi-monthly)
12-10
12-31
1-
1-2-48
$1.25'
$1.50
Byrndun Corp. com._;
(quar.)
:
Co.
12-10
Ltd.
12-31
10c
B
2
50c
common
11-30
Inc.—
6% pfd. (s-a)
Ltd., class A (quar.)
Co.,
Class
Bush
(s-a)
Brothers,
1-15
12-30
Corp.
&
2
50c
25c
common
2
50c
Bareco
12-15
93 %c
$25c
of
preferred (quar.)
Bastian-Blessing
Co.
(irreg.)
Common
Burnham
1-
(quar.)
1-15
25c
12-12
1-
(extra)
Canada,
12-17
12-13
Butler
Y.)
(N.
1
1-31
$15c
75C
(accum.)
1-
1-2
(initial)
Brothers
30c
Co.
12-17
50c
Bunte
2
2
u 1
Co.—
Burlington Steel Co., Ltd.
»
1-
12-20
12-17
90c
9:
12-29
1-20
12-20
2
80c
Extra
40c
1-
20c
(extra)
Watch
12-12
1-
1-2
■
(quar.)
Company
Bulova
12-17
12-29
Bullard
-
Burns
Insurance
1-15
(quar.)
Co.,
12-
12-29
l-2-4»
$1.25
10c
Molasses
12-29
5c
8%c
Guaranty
25c
...
American
12-31
(quar.)
97 %c
Extra
12-15
5
$3.50
com
Co.
Products
1-20
2
1-
(quar.)
preferred
Trust Co.
Barkei
(quar.)..
American
2
1-
12-20
;
1-1
:■/'
$1;
Niagara Electric,
Building Products, Ltd.
Securities Corp.—
participating
Barber-Ellis
1-
$1.75
American
2-
Forge
12-23
1-2
10c
20c
(quar.)
com.
(extra)
Buffalo
Corp
Barber
$3
Foundry Co.—
Co.
Buffalo
12-19
20c
31!4c
Products
12-19
3
1-16
15c
(quar.) _____
3%% pfd. (quar.)
Co.,
Company
$1
Mortgage
12-17
2
(quar.)
Corp.
(quar.)
Co., common
L.)
$1.75
Y.)
(N.
2
^1^4- ■*:
preferred
Budd
50c
(quar.)
25c
com.__
8
3
12-19
—
7%
12-1(1
20c
Co.
1-
•1-
$2.50
preferred (quar.)
Bucyrus-Erie Co.,
common
1-
(quar.)
12-31
6%
1-
(quar.)
50c
preferred
American
12-
2
1-
(quar.)
Machine
2
tz-
12-31
1-15
$1.25
Distillers
preferred
50c
preferred (quar.)
preferred (quar.)—.
12-26
of Illinois—
Co.
2
1-
50c
12-31
$$1.50
-
common
preferred
50C
4
1-27
(quar.)
Locomotive
1-
(quar.)
$1.50
(monthly)
12-24
30c
,
7%
2
Co.,
Buckeye Steel Castings,
12-24
9
5c
5
.(year-end)
com.
American Investment Co.
9
1-
common
2
1-
$$1.50
(quar.)
(s-a)
Brush-Moore Newspapers,
6%
preferred (quar.)
12-15
1-
(extra)
& Aroostook RR. Co.—
preferred
(quar.)
Bangor Hydro-Electric, common
1-
(quar.)
$5
'
12-15
12-15f
25c
—
7
$40c
(quar.j—_
A
(quar.)
Brunswick-Balke-Collender
12-18
2
2
12-29
class
V■
(E.
12 %C
preferred
25c
American
■
Bangor
1-
(resumed).
Bruce
$1.50
Steel,
$1.50
com.
11-28
$3.60'
1-
Works—
Porcelain
$1.75
American Hard Rubber Co.,
■:•/ 7%,preferred (quar.)..
1-2-48
2
1-
12-15
1-15
preferred (quar.)
Brown Shoe
5
1-
5
25c
preferred (quar.)_.
preferred (quar.)
2nd
1-15
1-
2-25
2-2-48
2%%
Extra$4 preferred
'
50c
(year-end)
Battery
Locomotive
Bancohio
$1.18%
(quar.)
common
12-
2
$1
common
$1
Hair
2
,7
12-15
1-
37 %c
(quar.)___
convertible
7%
1-15
5c
12-15
1
1- 1
.
V
56y4c
Co
Company,
Baltimore
2
12-15
2
Durrell
5%
2-
noc
(initial)-
com.
5%
American Fruit Growers, Inc. (quar.).—
American Gas & Electric, 4% pfd. (quar.)_
American General Corp.
(special)
American
1-
4
12-10
Ltd.—
;
Extla
.1- 2
$i5c
:
—
preferred (quar.)
Baldwin
1-17
1-15
$1.50
.
6%
12-19
(year-end)
(quar.)
Baldwin
12-20
50c
Inc._
4%% preferred (quar.)
,/
(quar.)
(quar.)__
Inc.
Baihmann National
50c
(quar.)
Co., common
preferred
1-
25c
$1.75
of
Co.
T.),
preferred
Brown-Forman
1
—
American Fork & Hoe Co.
$6
683/4C
Brown
87 %c
1
1-
87V2C
(quar.)
common
Export Lines,
American
Express Co,
6%
12-15
12-22
Ltd.—
new
2nd preferred
Brooklyn Trust Co.
17 %c
2
(quar.)
Inc.,
American
1):
2
2
20c
Corp.,
1-
(quar.)___
American
6%
1-
1st
,6%
v
1-16
1-
CO
1- 2
12-
lr
1-
British Columbia Telephone Co.—
12-16
2
12-15
1-2
$$1
(s-a)
Power
12-15
2
Ltd.—
Electric Ry. Co.,
Columbia
2
1-
$ny5c
(quar.)
prior preference
British
8c
1-
——
5
75c
Extra
50c
Co., common (quar.)
5%
12-20
17*/2C
F.) Sons, 6% preferred (quar.)_
Products, 4% preferred (quar.)
$1.12%
—
Columbia Electric,
preferred
12-31
1-
$15c
6%
Mills
Ayrshire Colliers
1-
30c
common.
4%
"
2-
13c
12-31
1-
12-30
t25c
preferred (quar.)i_-_
$2.25
$1
7%
56V4C
Allied
Avon
Avondale
>68%C
British
1- 5
,
1-' 2
(increased)
(B.
Avery
Corp.—
prior preferred (quar.)
12-24
12-12
1-15
1-15-48
7—-——
Initial
12-18
$3
(increased quar.)—
com.
Avco^Mfg yCorp.,
12-10
Common
share of clasa B stock.
of a
A
11-
..$17 -2-2
2-2
933/4c
Payable in cash or stock at the
rate of
4Va%
20c
Class: B
(quar.)______————
Automobile Insurance Co. (Hartford) —-
of
:
12-20
12-23
25C
15c
12-19
L
12-16
12i-30
$25c
preferred
British Columbia
participating class A
60c
1-
12-
tvl-
12-31
93 %c
"
(quar.)
Oil Co., Ltd., com. (quar.)
(Initial)
British Coianece, Ltd.—^
v '
American deposit receipts
(year-end)
British Columbia Forest Products, Ltd.—
New
12-30-
30c
—
12-15
$3
2-
pfd.
Holiera:
Payable of Ree.
50c
:
British-American
.*■
25c
5% %
preferred"
Fabric Products Co.,
$1.75
11-28
71-30
$1.25
preferred A (quar.)
1
3.75%
preferred B (quar.)
Atlantic Realty
(Georgia), $6 pfd. (s-a) — ,
Atlas Imperial Diesel Engine—
Series A preferred (quar:)
Atlas Steels, Ltd
",:
Atlas Thrift Plan, 7% preferred" (quar.)—1
12-15
12-31
11-28
3-
60c
.
,
$2 preferred A
(quar.)
Bristol-Myers Co. 3%% ,partic.
12;
$2.50
—
■
Power
6c
(s-a)__
Pa.)
(Optional dividend series)
$2.75 class A
7.7
—
(quar.)
Cities
American
1-19
12-
$1.47
$1.50
convertible
Auto Finance
2
.; 1-15
2- 2
j
$1.26
(quar.)
Auto
(quar.)
60%
2-
50c
(quar.)
preferred
Pipe,
1
12-30
$1
quar.)
(year-end)
Corp.
12-10
•
—__
25c
4>/2%
1-2
When
Share
Bridgeport Brass Co., sMi % cdnv. pfd. (quar.) /$.1.37%
:
35c
Bridgeport Gas Light (quar.)
Blight (T. G.) & Co,, Ltd
$25c
•Brino Mig. Co., common—
30C
:
Refining Co.
4%
25C
Extra
Company
Atlantic
12-17
12-31
Atlantic
12-17
1-
25c
(year-end)
Bemberg Corp., commoli
1-
30c
(quar.)
Line
Barge
American
Co.
40c
20c
Bakeries
American
Per
Wome ot Company
12-10:,
$22y2C r/
_
5
25c
$7
UolAett
1-1
J60c
Ltd.—
4'/2 %
preferred
(quar.)___—
Associated Telephone & Telegraph
$6 1st preferred (accum.)
7% 1st preferred (accum.) __
...
Atchison Topeka & Santa Fe Ry. com
5%.,non-cum. pfd. (s-a)
Atlanta Gas Light (year-end)—
Atlanta Laundries, $2.50 1st preferred (s-a)
Atlantic City Electric (quar.)
Atlantic City Sewerage
(quar.)
Amalgamated Leather Cos.
/'
When
Monday, December 29, 1947
Payable of Rec
tl5c
Associated Telephone Co.,
Ltd.—
Mfg. Co.
(extra)
Share
v
Ltd,, class A (quar.)
12-10
1
1-
*
Company
Hardware,
Ashdown
(quae.)
of
CHRONICLE
m'
Name oj
:#hari; Payable ot Reo,
America—
preferred
Aluminum
4%
of
FINANCIAL
Holiert
:>.JPe*v.>, When
Name of Company
Aluminum
&
THE COMMERCIAL
(2668)
1-16
i
2
$$1.25-
(?•::
—...
(quar.)»
46)
2
$$1 m-r.
Mil
12-
5
i. 12-30
rl2-10
.
12-10
-13-10
I«u>-
.
Vi C
Volume 166
Number 4659
THE
COMMERCIAL & FINANCIAL
CHRONICLE
(2669)
Stock Record
New York Stock
Exchange
«»
DULY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE:
S)
:«
'-'i'
LOW
Saturday
I per
pei
«
mar*
76%
77.,
*77%
t'O
♦77%
6%
7
6%
77
90
53
53%
.52%
17%
17%
17%
48
35%
8%
,
3%
*45 Va
35 %
8%
4
8
27%
102
8
:
25%
7%
26%
*95
,
•
*96
17%
3%
3%
3%
4
18%
18%
18%
18
18%
7GV-.
76%
77
78
77
77%
75
76%
3%
3'a
41
3%
41%
*71
11
*88
11
41
40%
41'%
72
72
40 %
71%
32
32%
31
32
*88
95
*88
95
11
11
*10'%
10%
188%
20%
20%
185%
20%
34%.
34%
32,
30%
186
*20
188
20%
31
93
31%
30%
31
93
90
91
*91
34
'
.'w
CI.OSED
4Q%
40%
40%
40%
40%
40
40%
94%
95
95
CHRISTMAS
95
94%
95%
95
95 %
DAY
32%
6%
32%
♦32
33
6%
♦49
32%
51
98
6%
♦50
100
50%
32%
6%
6%
99
50%
51
50%
6%
*50
100%
105
50%
7%
7%
7%
7%
54%
55%
54%
55'%
22
21%
66
65%
*11%
21%
*11%
40%
21%
21 va
66
*65
12
12
12
40%
40%
40%
109%
109%
4%
4%
78%
109
78'A
173 %
43
102
43%
*£0'/4
50%
20%
20%
102
*99%
21%
*105%
50 %
49%
49%
20%
20%
50
*20%
*88
90
88
20%
20
*19%
88
39%
40%
106%
107%
30
♦16%
2%
88
29%
5%
16%
13
16%
17 Va
16%
2 Vi
7%
76%
*40:/4
8%
77%
8'/a
41
*7 %
*53
4i)
7%
55
24%
*7 Vi
♦93
*11%
*13%
2'1%
*103%
*53
24%
7%
100
14
14
21%
*103
700
5 Va
16'/a
16 Va
89 Va
87 Va
40
1,900
39%
39%
*39'/a
40 %
400
American
2,700
American
7%
7%
25%
6%
7%
*53
7
*94
12
14
HIGH
14
SALE
Dec. 23
Dec. 24
share
20%
19%
20%
19%
20%
83%
20
83%
81'/a
83
81
82
81
8
8
27%
131%
9
*129
9'/a
*32
90%
81
33
8%
36%
100%
*10%
8
27%
130
8%
33
130
8%
*33
21
1.1QP
8%
Friday
$ per share
f per share
20
20
*81
83
7%
CI OPED
7%
271/2
CHRISTMAS
DAY
70
8%
33%
1,200
1,100
87%
82
89%
87 Vi
80 Va
88%
81
79%
80'%
15 Va
79
14%
79'/a
15%
15
14%
147/s
16,000
37
37%
10%
10%
36%
100
37%
99%
10%
10%
174 Va
100
*100%
10%
170
31%
x31%
31
101
10%
8%
170
31%
100%
102
13,100
Amer
6,000
10%
17 Va
17 Va
10'%
17%
10%
17%
18 V*
39%
17%
*39%
18'/*
40%
39
57 Va
5
38%
38%
56%
56%
56%
54%
56'/*
7,200
*32%
*136
147
33%
22%
45%
19
33
33
33
*132
138
24%
24%
22%
*22%
22%
♦22%
45%
45%
68%
900
American
3,600
American
127%
127%
89-
35
74%
/
57%
•57.%
57
8%
16%
43%
16%
16%
43-/a
99
*
*86
-
6%
63%
99
64
•
6°/a
•♦64
44%
0/5%
r>7
*85%
91
35 Va
34%
34%
76%
76%
77%
36
36
36%
104
X104
104%
*52%
53%
*52%
53 Va
22%
24%
23%
24%
-11
*10'%
.
36
105
52%
23%
36
105
*34%
33%
*105
r-
107
52%
95
6%
65
34%
24 %
*10%.>10%
5%
34%
*9%
>
5,200
;
Am
10,600
Fib
210 Va Mar
1
42
Nov
72% May
96%
Oct
132 Va Mar
21%
Nov
Feb
,b
40%
104% Sep
Jan
150
Sep
97 Va
Dec
Feb
Feb
Mar 12
34 V4
Apr
32'/a
Jan
108
Jun
July
48% July 28
118% Oct 15
46
Jan
6
41%
Nov
75
6% Feb
7
6%
Sep
11V*
23% Jun
28% Aug
14% Jan
Feb
jun
10
17% July 28
13%
Oct
Dec
11
5
17 y*
5 Va
Nov
Dec
20% July 15
6% Feb
8
Dec
6
115% Jan
6
100
Sep
6
25 V* Feb
8
18
Oct
8
101 % Feb
129% May
44% Apr
1
no
Sep
118
42% Apr
9% Oct
5
37% Sep
5% Oct
55%
Jan
14
12%
Jan
44%
Ocl
63
Jan
31%
Dec
Dec
Jan
16
55
Jun
27
X34Ve Jan
10
10% Jan
24
106% Mar
13
May 19*
36
*105
107
-
53%
,
53%
23%'
24
Oct
7
28
14% Nov
10
Oct
116
Jan
9
22Va
U1
May
35%
8 V* Sep
.99% Jan
9% Sep
Nov
18%
Mar
118
May
16%
15%
5
30% Feb
Nov
Jun
Jun
44%
Jan
119
Sep
May
81
class
Wtr
Wks
&
500
10%
163
July
17% July
Apr
22 Va Jun
133% Aug
Oct.
Sep
Sep
60
97%
Jan
Jan
Nov
23
Feb
Nov
186
Feb
Jan
42% Aug
108% July
17
Dec
Oct
8
37% Feb
7
27 V*
109% Feb 24
May 21
7
186
26
Feb
88%
12%
Xl73%
90 V*
123% Aug
Feb
16% Feb
10
14%
Dec
22% Feb
4
19
Sep
33%
Feb
42% Oct 15
33
Sep
52
Apr
70 % Dec
45%
Sep
73%
Jan
Jun
27
Dec
8
172
1
July 17
40
Mar
5
158
Jan
6
25% May 19
37
Feb
23% Jun
165
34%
160
20
Oct
Jan
•
Apr
50%
172
Apr
Feb
8
27%
NOV
60%
28% July 24
25 V*
Deo
3
29% Jan
24
Sep
34
May 17
May 19
47% Dec
17
146% Feb
24
Oct
22
174% Feb
4
lo
18 Va Oct
30
149% Jun
19
20
62
Apr 15
82%
61% Apr 19
84%
138 Va Dec' 26_ "163%
41Vs May 17
59 %
.
5
8 V* Dec 15
12 ' May 19
26 Va Jan
,90
„
;
•
-
16
5
38% Oct
138
Sep
159% Nov
May
38% July
58% Feb
158
Apr
200%
Jun
Feb
5
73
Oct
99Va May
Feb
5
76%
Oct
100 y* May
174
Julyi
July 23
150
Sep
26
48%
Oct
78
116%
Sep
121
13%
Oct
Dec
.18% Feb
'
8
507/« Oct 20
May 23
68% Jun
...
n
120% Aug 12
.8% Dec 22
xllG% Oct 10
com—No par
common..No par
Feb
43
Jun
116
—25
Aug
191
Dec
21
29%
Jan
2*8*%
70%
May
Jun
Jun
Jun
13
100%
Der
182%
Jun
"|03% Feb 13
87 Va
Dec
105%
Nov
7
Sep
15%
Jan
90
110% Feb
5% May 19
62
May >2
30% May 19
v>
-
10% Jan
69% Apr
42
Mar
6
64
Dec
5
35
Oct
51%
Feb
1
41
Sep
60%
Jan
1
82
No par
38
Dec
26
Nov 20
May
38'/* Dec 26
35
Anderson-Prlchard
A
,
Dec
11
34%
21
15
Andes
l
133%
Jun
21
142
Elec
preferred
'• Anderson, Clayton
800
Jun
24
48% May 19
——100
100v.
10%
43%
34
;——25
New
v'
Oct
16% Feb
Anchor Hock Glass Corp com—12.50
500
Jun
23%
45 V* Mar
117% Feb
45 V* Jan
250
>'9,800
25 V*
9% Aug 25
15% May 20
Wire '& Cable.——No par
2,200
106 V*
Nov
129% Feb
99
-100
Copper Mining—-4—50
Nov
12%
5
24% May la
new—5
——100
Oct
98
5
170
100
„
21%
Dec
11% May 19
No par
Anaconda
33%
7
24
85
Foundries—No par
Anaconda
5%
14% Feb
6 perthare
76% Dec
par
prior preference
No par
Amer Zinc Lead & Smelt com—1
$5 prior conv preferred.——3—25
3
39 y* Feb
5
common
15
32% July 17
147
July 17
10
B__
2
Jan
15% Feb
8% Dec 26
32% Dec
Tobacco
Highest
# per share
28% May 27
7
Dec
5
par
13,200
*5
28% Sep
101
x25% May 19
127
Dec 15
Conv
200
26
136 % Dec
Preferred
5,100
23
25
Woolen
•
Dec
7 % Dec
Year 1946
Lowest
Sper share
10
—100
Tobacco
»
*10
33%
18 % Jun
common
preferred
American
,
400
10%
34 ~:
:
8
20%
preferred
Am Waterworks Co Inc..
13,300
5%
*5
34
38%
35%
52%
24
Dec
10
102
t per share
No par
100
800
36%
52%
184
4
12
American Viscose Corp common—14
5% preferred
100
91
76%
24 Va
*34 "
For footnotes see
page 24
.'
11
5%
34%
6%-'
*64%
34%
75
)
*88
65
34%
>
*R2
38
34%
>
8%
42%
7%
6%
290
t^j
••.'
Oct
12
24
Sep
1R% May 19
104% Dec 19
100
—
Sumatra
Common
3,600
42%
75 '
'
59'%
*8
16
*64
Jan
Oct
Range for Prevltaa
Refg common—No
Stores
American
670
117%
117%
15%
6%
Apr
17%
106 Va
~5%
79
'Vlar
Range Since January 1
Lowest
Highest
San'y com—No
American Tel & Tel Co—
5,800
16%
34%
•
8%
6%
64 Va
64%
110
Apr 23
9% May 17
No par
Preferred
3,000
PR
*85%
6%
59
118%
8%
Ocl
90
Stove
Co
.Nopar
Sugar Refg common—100
American
17,800
68%
140
91
4ii%
PR
91
*117%
400
1,400
67
67%
138 Va
<■
58%
16
•>43 Va
118
150%
67
68%
142%
19
150 Va
67
68
com
.
19
150%
141
143
8%
75%
35%
:
66 Va
68%
142
117%
•
•;:5%.5%',
s
57%
66 Va
67%
;
8%
62%
34%
142
150%
Jan
36 V*
Feb
22% July 30
6
May 16
Light, com—No par
Steel
American
500
45%
118%
100%
*10
24 Va
22 Va
45%
8%
16
-
43%
66%
68'/a
57
6% ,,6%
*24%
24'/*
*22 %
l50Va
Jun
30
Oct
STOCK
Co
Snuff
American
3,600
24%
118%
8%
16'/a
150%
l
No par
No par
non-cum
45%
19%
67
23%
6%
22%
127%
67
Jun
88 Va
28 y* Feb
July 29
5% May 19
..100
&
American
24%
127%
45%
17%
49
Rolling
Preferred
600
45%
*19%
140%
=
281/4
850
— —
22%
19%
150%
32%
140
&
& St
Smelt
25
127%
66
118%
32%
Am
46
19%
Oct
Oct
Nov
7
1
100
preferred
23%
45%
*126%
150%
148
*133
29%
19%
56%
118
*101
29%
127%
68%
35%
46
29
127%
141%
*62
28 Va
19%
56
145
33
140
24%
141%
,
147
*136
66%
*96
.
33
150%
*86
145
140
25%
66%
.....v
148
33
29'/a
150%
16'/a
43%
147
28%
19
8%
149
28%
'
'127%
*126
%
*136
140,
28%
*24%
<
25%
72>/4
12%
2
Mill com
10
4% % conv preferred
100
American Safety Razor
5
American Seating Co
No par
Amer Ship Building Co—
_No par
140
57%
£7%
19% Apr
74% Dee
73/4 Dec
No par
Preferred
2,700
39%
149
7
Jun
Nov
5
75
preferred
American
3,600
17%
39%
Power
$5
310
17
57%
Jan
53 Va
iNOV
'57%
115 V* Jan
37
preferred
$6
21,600
38%
*147
Mar 26
r
86
50
Fdy Co
News
Amer Rad
10
17
cum
American
5,700
14%
8
38%
..
3.90%
90 Va
99%
R48/.
37% Nov
11
16
Machine & Metals
No par
American Metals Co Ltd com.No
par
6%
preferred.
100
American Molasses Co
1
14%
101
26
22
13
Amer
132
8%
8%
YORK
220
1,700
2,900
33%
34
*170
Dec
Aug
EXCHANGE
Amer Mach &
28
*129
NEW
4,600
89%
174%
Sep
39% May
12% Apr
75
Apr.
91% May
Oct
26 % Feb
Par
91'%
*170
Oct;
9
56
-—10
Shares
8%
174%
6%
44
Apr
3% May 19
——100
the Week
8%
*170
Sap
196% Sep
54 7/e Feb
May 21
1
common——1
Sales for
Dec. 26
80%
15
174%
37%
24
11
preferred——
7%
25
3
99
25% May 19
Lpcomotiyg
23
7% Feb
26
101 % Dec
American
American
95% Nov
Jan
110% Nov
11
American International Corp.,—100
Invest C9 of lit
—1
300
Nov
50
20
preferred
Nov
91%
31
4
100
common
30%
17% Feb
38% Dec
No par
Jan
63% May1
July
62% May
106
77% Jan
xl9% Sep 12
88
Dec 22
.
39
.
27
80
May 19
May 19
10
Products
non-cum
13,500
105
90 Va
91%
6%
—
8%
8%
100
com
Nov
*
STOCKS
Thursday
8
27%
130
9
13%
20%
83
27%
33
Ice
*103 %
20%
7%
27%
130
8%
33
8%
82%
14%
"170
8
27%
132
8%
33
8%
8
27%
•
American
Dec. <25
I per share
19%
700
7
12
PRICES
Wednesday
10
preferred
Home
98
13%
conv
American
7
105
6%
Nov
8
—No par
Hawaiian SS Co
Hide & Leather
10,600
12
21%
#1
*103%
preferred
31 Va
99%
212% jun;
•29% Jan
Sep
5
par
$6
25
*94
12 Va
*113%
21%
105
AND
7%
7%
8,400
55
24%
98
'42'/a
14
21%
*53
24%
*7
98
8
7%
55
24%
Tuesday
7%
2,400
75%
Dec
29%
Jan
61% May
113
July
Oct
L8V*
•
47% Oct
Export Lines Inc
40
Amer & Foreign Power com__No
par
$7 preferred
—No par
$7 2nd preferred A
No
7%
12
per
87'/a
87
26
Dec
154
-
19
10
American
20,000
J
75%
♦92
f
2,500
2%
2 '/a
8 Va
12
*103%
16%
16
36% Oct 14
39% Mar 6
11-ze Apr
105% July 18
LNo par
1,800
16
77%
55
Co
Encaustic Tiling
American European Secur
16
88%
Chicle
5
,
107
May 21
20 Va May 21
100
American
76%
8
1
preferred
3%% preferred series A
American Distilling Co
77%
.Dec. 22
27
*5'/8
2%
24%
share
29
5%
conv
Colortype Co
,t
American Crystal Sugar com.'
4%% prior preferred
American Cyanamid Co com
100
5%
Monday
*129
American
2,200
Dec. 20
per
American
800
5%
...
29 %
Saturday
I
900
16%
LOW
I per share
48'/a
89%
170
36
Inc.
Oct
50 Ve Dec
Dec
82
Jan
91%
51
5
77 Ve Dec
100
Cable
38
8 V* Feb
94
29%
♦53
;
18
12
Feb
Aug
8M1 Jan
69% Jan
Oct
35
7
Dec
12%
51% May
Oct
Apr
Mar
103
Oct
29%
•52%
1% May 19
25
100
29
8%
1
common
3%
8
.'>•. 99 Ve Oct
16
107% Dec
No par
29%
16
Radio Corp
Chain &
20%
19%
36
100
No par
40
5%
No par
com
Amer
*47 Va
*19%
9
Dec
4
Feb
Apr
135
Sep
17
Jan
20%
59%
>
Nov
Feb
105% July 28
42% Oct 14
20% May 19
65% Dec 23
American Car & Pdry com
7% non-cum preferred
*20%
20%
'90
52
2,200
19%
106 Va
Mar
7
1
Co
•
34% May 16
3,lo0
3,300
7%
21%
21%
13,700
*39%
105
Preferred
101
21%
<te
Can
*105%
2%
14
21'/4
105
640
41%
*99
99
16 '/a
7%
171
89'/a
98
11%
American
41
102
2%
7%
7Vi
*93
12 %
13,100
39%
8
25%
78%
105%
77%
55
24%
Amer Cable
39 %
89
40
7%
14,600
170
73
2
12% Nov
26
Jan
5
25
00%
8
76 Ve Nov
5% May 19
.1
Corp
Jun
Oct
Nov 24
22% Feb*
i
24
46
Corp——No par
preferred
4%
105%
39%
cum
106'/a
49%
17%
77 %
4%
77%
43
2%
8%
77'/a
800
39 Va
16
89%
109
Dec
104
202
16
90
"
Jun
41%
Dec
Feb
68 Va
JHL
8ep
8%
'
Feb 18
.48% Feb
24Va May 19
Chemical_No par
Shoe
Jan
44 Va
24%
May
24%
Nov
104
May 20
May 17
30
'
50
Bosch
Amer Brake
■
29y4Mayl7
91
50
preferred
American
4%
78%
*16%
89
6%
500
4,900
106 Va
5%
2%
89%
20
11%
105
40 Va
29
17
2'/4
*88
66
Agricultural
,
May
33
5% Feb
5
18
x50
I
44
13
164
F*b
Oct
6
102% Aug 11
30'% May 19
3%% cum conv preferred
100
American Bank Note common——10
41%
109
4%
19%
88%
1,700
41
preferred
Petroleum
American Airlines common.——
6,900
21
convertible
Amer
41,200
107'/a
39%
106
29%
51/4
5%
48
*20%
400
7%
*11%
109
21%
*105%
20
88%
39%
105%
15%
*99%
99
106 Va
6%
Amerada
Jan
27% Dec
Alpha Portland Cement
i_i.No par
Amalgam Leather Co Inc comL—il
•
53
*64%
12
173
42'/a
102
22%
103 %
20
5%
170
42%
22V4
20
30
77%
174
1,600;
21
41%
4%
1,000
24
90% Nov 10
10% Dec
4
1
new
Allied Chemical
•
4,000-
50
7%
■
52
66
40
4%
*49%
21%
*11%
*108%
52
107
7%
54
*64
12
105 %
*
*19%
105
66
41%
109
42%
22%
106 %
21 Va
78%
172%
*99%
22%
21%
78
172 3/4
42%
105%
39 Ve
79
50
7%
52%
4%
172%
43
*99'/*
109
5
50
7%
54%
40%
109 '/a
4%
79
173
7%
6%
105
105%
Inc
>Allis-Chalmers Mfg common—No par
900%% 3V*% cum conv preferred—100
95
*47
Industries
II,'800
32 V*
.
Allen
& Dye_——^No par
Kid Co.—
5
Allied Mills Co Inc
—No par
10)300
.'-Allied Stores Corp common.—No par :
•4O0U*& 4% -preferred—.—;
•——100
40
6%
53
104%
50%
54
*64 %
*50
32
56
•
1,800 1
93
,*34
32%
6%
6%
51
100%
50%
*31%
preferred A
..—.100
prior conv preferred-No par
$2.50
Feb
10%
13 Ve
10
6% Feb
31% Jan
5
Dec
Dec
19
10
U2
:
169
Nov
38% Feb
2% May jl»
25V* May 19
9L
Oct
8
40 V* Oct
4
Highest
f per share
t
Apt
10 % Feb
Nov 29
16 Va Dec
Jan
%
105%
29
Oct
>«
7
18% Oct 20
75
1
100% Allied
307/a
39%
■
5
•
July 28
10% Feb
60
May 27
3% Dec
100
—
common——
7
5c
100
Allegheny Ludlum Steel CorpJNo par
Alleg & .West Ry 6% gt'd—
..100
1,900
20%
*66
40'/a
common
preferred—
5%%
600
500
33'%'
30%
:•'
4,800
7,500
32%'
Inc
4%%
Allegheny Corp
5
110
30% May 16
«
.May 19
X25V4 Dec 26
—1
No par
Aldens
380
■
189
*20%
34
6
*
7; 100
10%
188 Va
21
34 %
71%
10%
100
*20%
34%
r
31%
*91
Corp——
Air Reduction Inc
95
*88
11
No par
•Admiral
87% Jan
4
38
V
1
Corp—
Year 1946
$ per share
43 Va Apr lg
13 V» May 19
Auuris^ioaraph-Mmtigraph Corp->iO
,
12,600
40'/a
72
95
10%
186
94
3%
32%
34 %
.
18
3%
,
__10
Jun
6% Dec
,-2.50
Alabama & Vicksburg Ry
,——100
Alaska Juneau Gold Mining
10
77%"
■»'*
60
Range for Previa**
Lowest
Sper share
66% May 20
3,100
17%
77%
•
3%
72
33%
31%
3%
31%
*20%
*91
3%
r$00
li300
25,700
3 Vo "•
72%
31%
187%
3%
40%
3%
Co—,
Co
Adams Express—
-.£■
31%
"71
31%
95
186
3%
41%
40
73
30%
*88
,4
i
36
Motors
Adams-Mills
*95 V 102
4%
18%
Acme Steel
3,800
,>7%'.. 77/a
x25'%*
25%
26
18 Va
17%
ACF-Brill
I,800
47'/a
*35%
•i
2,700
t per share
No par
No par
com-.
Abraham & Straus
___
52
*43
V
102
18'/..
Abbott Laboratories
*/'V "
January 1
Highest'
Lowest
par
3;300
::6%
52:.
,
77/a
.
25%
102
>
90
6%
47 Va
35%
36
Ranee Since
EXCHANGE
,
Shares
-
17%
43
the Week
79
*77%
51%
17%
*35%
8%
t per share
6%
51%
*45%
*95
t per share
79
STOCKS
NEW YORK STOCK
Sales for
Dec. 26
90
6%
17%
/
26 V\
'
*77%
52
48
26%
102
Frtdav
80
17%
,
35'A
8%
26 %
*35
share
78%
Thursday
Dec. 25
52
.
.35%
36%
per
6%
*45%
1
t
90
6%
52%
17%
Dec. 21
78%'
*81 Va
PRICES
Wednesday
share
uer
6%
*45%
SALE
Dec. 23
t
%
76
HIGH
Tuesday
•Dec. 22
Share
76 %
AND
Mnnda*
I)CC. 20
13
P
W
Copper
Nopar
&
Co—21%
Oil
Corp.—10
Mining
Products
Co
.20
Inc
Archer-Daniels-Midland
—
5
Nopar
.
51
•
16
14% Apr 15
10% Nov 15
3% Jun
30
17
Apr 29
4
38
Sep
62% May
111% Mar 10
101% Nov 28
46% Jan
Dec
108
Dec
XU4% Mar
Jan
X04% July
27% May
;;
43%
15%
Oct
Jan
29
13%
Sep
8% Feb
21
4%
Nov
10%
Feb
39% Oct
15
26% Mar
41%
Dec
it>
V
Jan
5R% July 7
24% Dec 22
■
24%
Feb
THE,COMMERCIAL & FINANCIAL CHRONICLE
(2670)
14
NEW
AND
LOW
Saturday
Dec. 20
I
♦Dec. 22
per
f per
share
14%
14 Ma
14
104
104
104
•49 Ma
*92
104
*15 Mi
15%
14%
*14%
15 Mi
15 Ma
14%
14%
100 Ma
102
26
26
25%
89%
92
16%
50
100%
100 Mi
16%
50
94
101%
x98
17%
16%
167/a
16%
17
50 Ma
*25%
51
26%
70%
70 Ma
51 Mi
51
26 Mi
72
*69%
72
38 Ma
37%
50 Ma
26%
-
108 Mi
3$%
37%
37
*106%
*64 Ma
65%
680
*112 Ma
114%
*18
18 Ma
18 Ma
18
Va
18 Ma
18 Vt
16 Ma
16 Ma
16 M2
16%
16%
16 Ma
4%
5 Ma
47/a
5
6 Ma
CT.ORED
16 Ma
16 Ma
CHRISTMAS
5
4Ma
5
28
6 Ma
1,800
14 Ma
18 Mi
16%
1,500
I6M2
5
4%
4,400
15,100
4%
Nov
Amer—5
3
27% Jan
27
common-—3
4% May 19
7% Feb.
8
preferred—No par
36M4Decll
49
1
13Ma Dec
24
Works—.13
13% Dec
26
63
63
63
63
63
260
4j5
47
47
47 Ma
*46
47
2,500
24%
24
Va
24 Ma
*24 Ma
24M4
*44
45Ma
45 Ma
Nov
114
Apr
97% Jan
135
Jun
Oct
of
(The 1
15
63
Juh
15 M*
Canteen Co
Mfg Corp
143/4
63
x53%
9
34%
15Mi Dec
Automatic
15
14
July
22% Oct
23% July
15
14
26MaJuly24
73
July 28
121
51% May
130 ya
37%
14%
14
Nov
Nov
11,600
19%
Nov
105
8
18
19M4
19
31
22
29
__5c
19 Mi
20 Ma
26
29% Jan
Co
20
187/a
Dec
Aug
May
«J0% Aug
19 Mi
12%
12%
49% May
94
25%
Locomotive
14 Ma
127/a
40
Dec
Dec
113Ma Sep
105
Jun
83
Sep
68
Nov
Baltimore
14 Ma
123/a
20
,45
26%
29 Ms May
Sep
Baldwin
145/a
12%
13
Feb
Oct
Sep
27,600
15 Ma
Jun
Oct
16%
20,100
14%
125
13
10%
12 Ma
15 Mi
May
Oct
15
25
14 Ma
13 Mi
14%
121
100
18% Feb
2
18
137/a
13 Ma
78
10
10
12 Mi
133/4
2
Feb
l83/a Feb
12 Ma
13 V*
Sep
Jan
12% Feb
14 Ma
13 Va
34
99
112
27M* Jan 30
(B
13 Mi
15
Jun
5% May 16
Babbitt
13%
DAY
37 Mi
13 Ma
May
32%
22Mi Mar 11
4,000
37%
May
148
13Ma May 19
17Ma Dec
5
13%
37%
153
Dec
57
Apr 18
111M2 Dec 15
common
13 Mi
37 Ma
Ma Dec
125
—____No par
No par
AUtOcar
Avco
-No par.
Corp-
Nichols
Conv
$2.25
37 Ma
Nbt
124
4
Feb
prior pfd ($1.20)— No par
AUstin
1.9C0
37 Ma
17
4
' 21% May 19
preferred——100
conv
3 7 Mi
37%
13
134
92 Ma Dec
——5
——
36%
37%
100
Atlas Powder common
100
*18
14
6 Mi
series B
$3.75
Corp
Atlas Tack
*24
*6 M4
*13%
28
*24
*13%
Atlas
30
*13%
18%
3,300
66 Ma
6%
13%
14 Ma
22%
114 Ma
28
6%
203/a Feb
132y2 Feb
1
25 Ma Dec
—10
Preferred
Feb
Aug
4
Coast Line RR—No par
4OM2 May 17
common—-1: 23 Ma Jun
4
5%
non-cum. preferred—-^--1C062
Jan 22
Atlantic Refining commoiu
25
31 Ma Apr 15
4% conv preference series A—10o
105
Nov 28
750
65%
137/a
*24
260
93%
30
66
May 19
x98
Dec 26
10MiMayl9
10
100
Inc
F
Oct
36% May
Dec
17,100
106%
*112 Ma
6%
14 Ma
28
18
•13%
.
12
May
112%
Dec
Dec
40
106 Ma
T
65
Sep
Nov
99
com—100
preferred
Sep
18 Ms
|
18% Ma*
135
July
99
59
39
39 Mi
102
34% Feb 15
77 .<• Mar 29
22%
6 Ma
13
Atl G & W I SS Lines
23
66
Topeka & Santa Fe
5%
17% Feb
Atlantic
22%
114 Ma
Atch
Highest
$ per share
Sep
42 Ma
4
10 Mi May 19
13Ma Dec
6
common—1
__100
100
Associates Investment Co
Jan
100
23
*24
1,100
16,900
19
300
23
6%
6%
25%
22
Sep
4,600
23
28
*24
2d
112
17
50%
22%
65%
Dry Goods
preferred
preferred—
1st
Feb
73
94 Ma
*112 Ma
6%
7%
110
14
_No par
—
16
25%
93
66 Ma
Associated
360
21.0
91 Ma Dec
5
10 Va
7
50 Ma
*69%
94 Mi
112%
3,700
Corp
Jan
25%
<
93
65
14%
Corp.
No par
55
A
94
112%
Constable
Artlbom
95 Mi
No par ~ 'l03Ma Sep
8
No par
38Mi Jun 10
4,700
92%
113%
$3.75
Arnold
15% Oct 21
130M2 Jan 24
t per share
17 Ma
93
65
v
preferred
Cork Co com
preferred
$ per share
9%May l9 '
com—__5
$6 conv prior
1,000
99%
Illinois
of
Armstrong
14 Ma
103
Co
$ per share
2,500
17
107
106
108
&
Armour
Lowest
98
22%
22%
♦lllMa
96 Ma
100%
93 Ma
92'/2
65
94 Ma
27 Ma
108
25%
25 Ma
25 Ma
26 Mi
100%
.*69%
107%
99 Va
95%
50 %
37%
36%
101%
100 %
100%
92
*26%
73
*69%
*107
14%
15
101 Ma
100%
17
27 Ma
♦26%
14
loo Ml
99%
26 Mi
26 %
90
*15 M4
100 Ma
102
99
99%
14%
15 Ma
15
15 Ma
14%
99%
89%
100%
300
15%
14%
101
16
92 Ma
15%
15%
810
91%
147/a
100
3,100
92
12,400
Year 1946
Lowest
Par
800
49%
92
92 Ma
14%
102
105 Ma
48 Ma
92 Ma
14%
15%
105 Va
50
49 %
93 %
92 Ma
14%
102
14 Ma
104
104
49%
Range Since January 1
Highest
EXCHANGE
Shares
14 Mi
14%
Range for Previous
YORK STOCK
NEW
Sales for
the Week
$ pirshare
$ pet share
thare
14 Ma
104
49 Mi
49%
15 Mi
*99%
f per
14 Va
14 Ma
14%
104
49%
49 V3
92 Ma
Dec. 25
Dec. 24
$ per Share
shard
RECORD
STOCKS'
Friday
Dec. 26
Thursday
Wednesday
Dec. 23
STOCK
PRICES
SALE
HIGH
Tuesday
Monday
YORK
Monday, December 29, 1947
cony
Feb
8
'
-
Jun
Jan
32% Aug
41
"14%
Feb
Oct
6M»
83%
Feb
NoV
38%
Jan
Nov
B
12 Mi
12%
19 Ma
20 Ma
*
14 Ma
*13%
62
62
45%
45 Ma
*44%
62Ma
24%
24%
*24 Ma
24%
*45%
47%
*45%
47 Ma
*45 Ma
47
45 Ma
45 Mi
36%
37%
36%
37 Va
37 Ma
3934
38 Ma
10 Ma
9Ma
39%
9%
38%
9%
Ma
9 Ma
9 Ma
23 Ma
23%
23 Mi
23%
38
38 Ma
37 Ma
38
'
9 Ma
10
*23
23 Ma
23%
23%
*38 Ma
39%
38%
39 Ma
*86
86 Ma
85%
18 Ma
18 Ma
18 Ma
99
*97
18 Ma
*97
84 Ma
32
*29
9
*
*34%
35
34 Ma
35
34 Ma
35
16 Ma
16 Ma
16%
163/4
17 Mi
16 M2
15
15
*21 Ma
15 Mi
15%
22 Ma
223/a
22%
99
*95
99
*95
21%
21 Mi
21 Ma
21 Ml
21 Ma
21
24 Mi
23 Ma
24
23 Ma
24 Mi
23 Mi
78
78 Ma
78
*78 Ma
80
78
78%
25%
25%
26
26
26
26
25 Ma
26
31%
32
315/a
32Mb
31 Ma
31 Ma
103 Ma
105
104
104%
103 Ma
105 Ma
*137 Ma
138
137 Ma
137%
135
136
133%
*62 Ma
64
*62 Ma
63 Ma
63
63
*13%
14 Mi
13 Ma
13%
13 Ma
13 Ma
6 per
share
t
per
share
103 Ma
134
^ "4
*62
13 Ma
SALE
13%
I per share
17 Mi
l63/4
163/4
17
*35 Ma
38 Ma
CLOSED
HRISTMA
38%
37
37
23%
23 y4
233/4
23 Mi
233/4
22 Ma
23 Mi
32 Mi
31 Ma
33
313/a
313/4
31Ma
32
93 Ma
93
93
90 *
93
90
90
47
47
25
25. Ma
4 IMa
41M8
*36
45 %
25%
25%
253/a
25 Ma
42
42
41 Ma
42
46 Ma
54
54
54'A
93%
92
92
4
4
4%
77/a
7%
7%
7 Mi
84%
*70
10 Ma
103/a
10 Mi
10 Ma
32 %
32 Va
32 Ma
32%
28%
28 Ma
28 Ma
33%
34 Mi
33 Ma
33%
97
4
*34 Ma
97
*94
*75
DAY
Bliss
17
200
Bliss
*34 Ma
38 Ma
80
9,500
Bohn
200
4
36
4Mb
4 Mi
500
35%
4MB
4 Ma
3534
35%
500
7 Mi
7 Mi
7
7 Mi
7,500
100
81
10 Mi
31 Ma
31 Ma
3l%
5,300
28 Ms
29
31%
29 Mi
31Mi
28M4
28%
28%
1,100
2,600
*75
35
35'/a
35 Ma
34%
34%
97
94
94
90
90
*32 Mi
33
97
*95
99
21 Mi
16
16 Ma
Mi
21
21%
16%
7,600
110
16 Ma
5,800
33
400
95
95
60
21
21 Mi
*32
1,500
20 Ma
20%
20 Ma
20 Ma
19 3/4
20 Mi
19%
20 Ma
122 Mb
122%
*122 Ma
124 Ma
*1223/i
124 Ma
*122%
124 Vi
50
10 3/8
10%
10 Ma
10 Ma
10 Mi
10%
10 Ma
10%
18,200
70%
71
71
71
71
713/4
70Mi
70 Mi
*70 Ma
72%
470
363/4
35M4
*35 Mi
36 Va
36%
*83 Ma
87
85
85 Va
84
85%
18 Mi
18
35%
83%
82%
18 Mi
35.3/4
*80 Ma
35%
3,700
300
700
82
19
18%
19 Mi
*35 Ma
36 Ma
36 Mi
36 Ma
36 Mi
36%
*353/4
36 Mi
35%
35%
2,100
20%
20%
20 3/8
20 3/4
20 3/8
20%
20 Ma
20 M4
20 Ma
20%
8,100
85
85 Mi
84
86 Ma
85 Mi
86
86
,.
85 Mt
88
*83
9
9 Ma
12 Ma
82 Ma
3%
9 Me
*83
88
*83
15
8 Ma
*83
80
88
14 5/8
9 Ma
84
85
8534
86
*83
14M4
14%
9
9
84
•
83
Va
9
83%
12 Mi
12 Ma
12%
80
81
80
80
80
80%
19
100 Vt
27
26 Ma
3 Mi
3 Ma
3 Mi
3 Mi
3
M»
19 Ma
19%
20 Va
19%
20%
100%
100 Ma
*100 Mi
100 %
100%
100%
26%
26 Mi
*26 Mi
26 3/4
19
58
Jan
19
100
133 V2 Dec 24
No par
No par
7
7
Bon
&
Ami
Class
Co
Sep
38% May
06%
Dec
112 % Aug
21
32% Oct 29
105Ma Dec 23
150
Jan 27
66
Feb
3
18 Ma Jan 23
27
*
$3.60
Co
No par
$5
Co
Forge
Buff Niag El Corp
preferred
conv 2nd
4%
200
3%%
3%%
100
preferred——100
100
preferred
27
4,900
Burroughs Adding Mach
^No par
Bush
20
3,400,
270
900
3,200
100
1,000
Bush Term Bldg 7%
Butler
Bros
common
30% Feb
33%
18 Mi Dec
12
14
July 23
34
41 Va
preferred—100
——10
preferred
100
& Zinc
5
Byers Co (A M) common—No par
Participating preferred—^—100
Byrvn Jacison Co
—No par
4%%
BUttC Copper
Sep
18
Jun
18% Aug
Nov
66% May
35
15
11
42
Oct
8
101
Sep
67
Jan
52
Oct
69% July
27 Ma
Nov
48 Mi May
35 Ma Feb
81
9 Ma
30
23 Ma
Dec
Dec
May
May
30% Nov
90
Dec
16
Dec
25% Jun
13 Ma
120
9
70
25%
82 Ma
14Ma
26
14
80
80
84
12Ma
72
11
80
3
Dec
Apr
57%
Apr
61%
Jun
107% Aug
4%
Sep
11%
Jan
30%
Dec
35 ye
Dec
21
12
Dec
34%
Jan
72
Jan
95
Dec
20%
Feb
6 Ma Feb
Jan
3
18 Ma Feb
27
40 Ma Feb
11
13% Sep
30M* Oct
31% Feb
10
23
96
Jan
53% Jan
42% Jun
Oct
35%
Jan
2
109 7/a Apr
3
11
28% Feb
5
25
Oct
11
36 Mi Jan
7
31%
Sep
45% May
106 Ma Apr
27 Ma Feb
30
Oct
110% Mar
63
20
26
3
20% Nov 20
125
2
Dec
6
105
Jan
May
NOV
103
_lis
n'
20% Of*
14
38%
Sep
120
Apr
38%
Jan
Apr
Apr
25% May
130
Feb
,
19
14% Feb
7
9%
Oct
22 M«
Jun
5
86 Mi Feb
18
70%
Oct
99
Jun
May 20
37% Nov
7
25 M4
Oct
24
102 M2 Apr
11
66 MI
Dec
May 19
23% Feb
18
18% NOV
May 14
38 Mi Feb
10
33
May 19
22 Ma Feb
104% Feb
17
16 Vt
OCt
15
95%
Dec
111
Mar 12
84%
Dec
116% May
97
Dec
13
NOV
102% Aug
21% Jun
May
Dec
Dec
Dec
26
100
May 19
Jun
95 Va Jah
4
6
May 19
16% Oct 23
May 19
jUn
6
88
9
Dec
23
Dec
13%
947/a
19
Nov
13 Ma Feb
26
5
17
19
Dec
1
36
09
Mar
73%
112
Sep
Oct
Sep
39 Va Feb
May 19
Jan
42 Ma
55
49% Jan
3Ma May 19
32
May 20
7
Dec 26
'
Dec
102
37% May 19
92
Dec 22
~:-~A
Terminal
Oct
Oct
5
Co
May
15 Mi
18 Mi
Feb
Deb
———-No par
BuldVa Watch Co Inc.
—5
Burlington Mills Corp.common—1
Bullard
46
6
20
Jan
20 Mi Dec
-No par
1
$3.60 Pfd
100
t per share
NoV
24 Ma Oct
95
5
100
31
59
No par
No par
Highest
$ per share
10
26
common
common
Co
Mar
83% Apr
116
No par
preferred
BUffalo
15
common
preferred
Budd: (The)
Nov
12
45% Dec 22
25
May 19
38% May 21
—5
2.50
Co
Bruns-Balke-Collender
Bucyriis-Erle Co
7%
preferred
53
168
Jan
36
Dec
90
1
15
Inc—
Inc
Deo
29 Ma Nov 17
5
No par
Union Gas
Shoe
143
35 Ma Nov
May 17
28M2May 9
14 Ma May 19
No par
5
Corp of America
—15
Bridgeport Brass Co
No par
Briggs Manufacturing
No par
Briggs & Stratton——No par
BriStol-Myers Co common
2.50
3%% preferred
—100
Brown
31% July
114% July
*20% Feb
14
Brewing
Brooklyn
Feb
Year 1046
$ per share
25
May 21
12l/a May 19
18% Dec 13
2.50
common
Airways
22
65% NOV
Lowest
Highest
$ per share
No par
No par
_1
Brass—
Bearing
Roller
Bower
Braniff
52 Ma May
29% Nov
Range for Previous
(The)
Co
Jan
24%
35Ma Jan
Lowest
No par
Inc
35%
7
28% Jan
Range Since January 1
STOCK
B
Stores
28%
Apr
28% May
103M2 Feb 17
4HV4Ma.v 20
13 Ma Dec 23
A
class
102
30%
25% Nov 12
17% Sep
9
21M8May20
19% Apr
2,900
14%
12 Ma
3 Ma
1,600
88
12 M4
3 Ma
Oct
76Va May 19
Co.
Aluminum
560
85
*84
81%
18 Ma*
100
145/a
84 Ma
*84
17%
12%
3 Ma
26%
*83
84 Mi
88
18Ma
17%
13
*81
18%
100 Mi
*26M4
84
12%
3%
*100
9Mt
*83
12 Ma
*80%
18%
15
14%
84
*83
88
*83
15 Ma
9 Mi
14%
83
*85%
Jan
Borg-Warner Corp common
T5
3Ma% cum preferred
100
Boston & Maina RR (assented)-100
100
91
10%
18
Apr
112
Borden
40
*89
10
*353/8
37
Dec
3,200
16Mb
36 Ma
Oct
7,000
32%
20 Ma
16%
53%
16
125
Nov
24% Nov 10
9
common
Boeing Airplane
4,300
81
21 Ma
15 Ma
16% May 19
41
32%
21 Mi
22%
53%
16 3/4
98
Oct
41%
32 Mi
21 Mi
15
Bohd
16
98
12% May 16
10% May 21
par
24% Dec
Laughlin Inc
Bloo-ningdale Brothers
31%
91 Ma
10 Mi
*95
Nov
6
19
&
21%
Mar
Feb
11
19
•
com—No par
(Del)
Co
W)
110
104
Dec
77Ma Dec
Co
3lMa
10%
20
*122Va
'E
118% July
2
5,400
32 Va
21 Mi
*21
1,600
Nov
17
5% May 27
1946.No par
Black & Decker Mfg Co
Blaw-Knox
111
20% Aug
7
108Ms Feb 15
Feb
25 Ml
.
HOMa Jan
12
19
18
Jan
25 Va
54
31
26
Sep
96Ma Dec
NOV
May
39MiMar31
18% Oct 14
lSMiJan
6
25 M»
91
2
40
41-
73/8
84Ma Dec
Jan
12
25
53 Ma
62
29
290
*90
26
30 Mi Jun
48 Ma
16%
100
*97
500
4,600
84%
34 y4
73
36 Va Dec
Par
30
91
32 %
16%
*32
■
10 Ma
*94
Sep
*47%
36
84%
46 Ma
24% Nov 24
39 Ma Feb
Sharei
10 Mi
32
10%
24%
48 Ma
*47 Va
54 Mi
917/a
34 Ma
34 Ma
36
53%
*90 Va
Oct
18
106% Aug
*
48
21 Ma
9
Jun
18
EXCHANGE
*16 Ma
*16 Ma
31%
30% Feb
com—No par 11
ser of
NEW YORK
29 Ma
30 M4
22%
*28 Ma
I per share
15 Ma
Ma
May
Dec
I
the Week
28%
*16 Ma
*94
Dec. 26
15
30
May
31
18 Mi
Dec 24
Bigelow-Sanford Carpet
Birmingham Electric Co
Bales for
Friday
Dec. 25
t per share
57
Sep
8
STOCKS
Thursday
28%
17 Mi
84 Ma
1,100
153/B
*16 Ma
7%
100
13 Ma
Oct
21
19% Feb
1
PRICES
Wednesday
Dec. 24
31
*70
63 Ma
48 Ma
39% Dec 24
May 17
preferred—
7%
54Mi Jan
4
95
Co
Bethlehem Steel
1,000
29%
30%
11.300
19
15
8% Dec
28
Foods
15 Mi
31 Ma
*4
Best
*29 Mi
31 Mi
*34 Ma
3,200
153/a
3 1Mb
53%
303/s
29%
30%
*92
&
15 Va
15 Ma
45%
Best
45% Dec
com——33Mac
Loan
Indus
pfd $3.25
1,500
134
»
Cum
25 Ma
29 Ma
15%
*93
Beneficial
15 Ma
28%
15 Ma
38 Ma
Bendix Home App Inc
4,100
29 Ma
*29
28%
*36
3,000
23%
1027/a
%
S per share
20 Ma
800
Jun
64% Aug
Jun
41 Ya
20% Apr
100
preferred
Aviation
30
'
28MaJuly28
Dec
—-—5
Bendix
133%
*13 Ma
common
9,600
104 Ma
103
Co
30
25 Mi
30M4
X303/4
88 Va
Apr
25'/a
69
10
Corp
Howell
4V*%
30
80
Sep
36%
1
No
98
*78
66
6
8
10
Co
23 Va
23%
78
5
13
May 19
Jan
Jan
May
1
Packing
Belding-Heminway
293/a
21
23M4
Feb
55% Jan
Jan
42V2 Dec
50
Beech-Nut
20 Va
21 Mi
30
^-100
RR
Aircraft
30Ma
Oct
2.50
preferred
Corp__
Aircraft
&
293/4
12%
100
pfd
Inc
Creek
Bell
31%
8
25
common
conv
Beech
Bell
30%
Co
Mills,
9G0
30%
HIGH
cum
5,500
30%
AND
3%%
Bdaunit
16 Mi
15
22%
16'/a Feb
_No par
*94 Ma
29%
Dec. 23
Foods
22 Ma
15 Mi
Tuesday
Beatrice
800
95
47%
1
Corp
Bayuk Cigars Inc
167/a
22 Ma
Oct
17 Ma
5
Co
Works
167/a
15
LOW
Oil
4,200
95
30 Mi
18 Ma
7
50
preferred
Iron
35 Mi
21%
Dec. 22
Bath
31 Ma
15%
Monday
4Vi%
Barnsdall
17 Ma
*16 Ma
Oct
7
18
BCech
1,400
11
25Mi Feb
60
common
Beck Shoe 4%%
8 M4
8Ma
98
Dec. 20
800
7
HMaMayl7
9% May 19
10
190
18 Mi
16% Feb
100
Barker Brothers
35
22
Saturday
84 Mi
99
8
7% May 17
Aroostook commcn—50
Conv.
5%
preferred
100
Barber Asphalt Corp (Delaware)_10
*29
15
30 Ma
2,000
16
May
24% Feb
100
common
&
Bangor
35
35
21%
*95
37 Ma
18 Mi
31 Ma
*29
31 Ma
31
600
*97
9
8 3/4
9
9
*29
*29%
23 Ma
84 Ma
99
*97
3,200
Inc
Ohio
&
preferred-
4%
70
19,000
9 Ma
36 Ma
18 Mi
18 Ma
18
99
39
800
23
85
85
84%
18
*97
9 Ma
8 Ma
9
9
86 Ma
99
24
1,700
T)
11
May 19
May
22
May 19
9 Ma Feb
.
8
Jan
22
24 Ma Feb
7
108 Ma Jan
4
16
Feb 10
NOV
6% NOV
75
Oct
20% Nov
105
4%
Sep
OCt
45 y4
Feb
108 M« Mar
-
46% Jun
59% May
26% July
Mar
15% Jan
98, May
30% May
110,. May
9%
Jan
23'
15
Oct
35% Feb
Jan
3
99
Oct
112% July
27 Ma Oct
6
19% NOV
22 V* Oct
104
40
May
>
33
1%
7%
30 Mi
33%
33 Ma
*33
33 Ma
52 Ma
33
*52
52
52
*52
54
54
l7/a
2
2 Ma
2Mb
2
7 Mi
7 Ma
73/8
7
7
7 Va
7 Mi
30%
30 Mi
11%
*13 Mi
13%
56
14%
40
40 Ma
x40Ma
19M8
*18 Ma
*18 Ma
31%
31 Mi
14 Ma
114
40%
i9Mi
Mi
31 Mi
14 Me
14s/a
113 Mi
113 Mt
*39 Va
*18 Ma
41
19 Mi
2%
7
30 Ma
14%
113
*39
*18 Ma
33 Mi
2
2,400
20
54
Ml
28,600
6,300
Campbell W & C Fdy
-No par.
Can Dry Ginger Ale com—^1.66%
380
41
110
19%
11%
115/i
11 Mi
11 Ma
11%
34,700
44%
*43 Ma
44 Mi
44 Mi
44 Mi
400
*
13 Mi
13 Mi
543/4
54M4
For footnotes see page
£9B9
24
1
5.
1,500
11 Ma
13 Va
Zinc-Lead
14%
44
54%
Callahan
30 Ma
11M4
13 Mi
--50
114 Ma
43 Ma
54M4
common—Nd par
5% 'preferred
3,300
7Va
11%
*
California Packing
Calumet & Hecla Cons Copper
43%
44%
*54 Mi
31
114
113 Ma
11%
*44 Mi
14 Ma
113
41
19%
30 Ma
14 Mt
14%
114%
33
*52
l3/4
14%
*18%
33%
1%
114%
*39%
37
*52
13 Ml
14
*12 Ma
13 Ma
200
54%
55
*54 Ma
56
240
$4.25
preferred
No par
—
Southern Ry Co
Canadian Breweries Ltd
Canada
Canadian
Pacific
100
No par
—25
Ry
No par
Capital Admin class A common—1
$3 preferred A
^
10
Cannon
Mills
,
24% Apr 28
Dec 12
51 Ma
.1% DCc 17
6Mt 'May 19
21 Ma
12%
110
38
18
9%
33 m
11
50
12
27%
Deo
47% Apr
29
53
Oct
58
3% Feb < 8
7
8 Mi Feb
3
34 Ma Dec
Jan
x55
Apr
Sep
7%
Feb
6%
Oct
12%
Jan
20%
Oct
40% May
,
May 19
34 Ma Oct
22
May 13
Dec. .3
10
113
43
NOV
18
Oct
12% Not
,i8-:-"juiy-%
Dec
10
17 Ma Feb
Feb
132
48% Feb
58v.
Jan
Dec
11
25% Feb
20
24
Dec
25%
Dec
May 17
15% Feb
13
11%
Oct
22%
Feb
21
47 Ma Dec
15
14
14% Feb
1
12
Mi
21 y4 May
May 26
57 Ma Feb
18
50
Oct
Oct
Nov
Apr
■ 1■j
10
147
May
59% May
Volume 166
Number 4659
'
THE CQMflffiRCIAL & FINANCIAL
CHRONICLE
(2671)
NEW
LOW
Saturday
■Dec. 22
share
S
108 %
108
27%
SALE
Dec. 23
per
107 %
"
HIGH
Tuesday
Dec.20
$
AND
Monday
share
per
108i/2
t per
*108 %
109%
>109
27%
27%
39'/4
18
17%
17%
17%
42
42
42%
42%
42
6%
6%
6 7/8
47
46%
136%
28 %
58%
28%
"98
28%
99%
273/4
983/4
*98%
*136
139%
136%
98%
136%
26%
27
27%
27%
27%
19%
20
20
19%
*19%
18%
18%
18%
183/a
8%
8%
8%
8%
8%
7%
7%
7%
7%
73/4
18%
102
102
81
79
*79
*8
8%
102
8
28
26%
8
8%
13%
13%
13%
13%
13%
9%
93/4
9%
9<A
9%
9%
27
26%
26%
17%
16%
16%
243/4
7%
27
27%
27
273%
26%
17
17
17'/a
17%
16%
25
25
*24%
25 y4
*243/4
21%
22'/8
*100%
21
102
21%
*100%
102
14
14%
14%
28
29
x21
29
42%
243/4
21
21%
102
*100%
14%
28
25
100%
14%
14%
*27%
29%
*27
433/8
42%
423/4
42%
87
87
87
85%
4%
4%
4%
8%
8%
81/4
9%
11%
12%
113/4
123/8
*5%
5%
*5%
45/8,
53/4
8%
83/4
ll3/4
12
6%
11%
6%
3%
63/4
3%
8%
DAY
Century Ribbon
Mills
24%
21%
400
101%
1,800
4%
5%
12%
12%
11%
6 3/4
6%
33/4
33/4
9%
33%
32%
31%
16%
16'A
17
16%
16%
36%
32%
153/4
36
37%
16%
36
37
36 Va
37
32%
323/4
33
333/8
33%
*52%
55
*52%
55
*53
12
12
*11%
113/4
*11%
16%
*16%
4 %
4%
*35
'
4 S/8
39
16
43/B
*35
43/8
39
43/4
*35
39
12,100
16%
10,600
14,500
32%
17
16 Va
32%
36%
33%
3,000
53 %
113/4
16 Ve
43/4
53%
100
11%
17
*16%
4
35
35
62%
63%
%
63%
64%
63 J/2
64%
63 y4
63%
24%
25
24%
25%
25
253/,
99 Va
*90
99%
*92
99 y8
*23
23 y2
23
4%
*92
23%
38 Va
*92%
99'/a
*23%
*90
23%
*31%
233/a
23%
233/8
39%
39
39
41
39%
32»/4
31%
32
10%
103/8
10%
86
82
82
10%
*81%
*15%
16
*165
153/8
31%
195
*80
*165
90
37%
*108
*80
37%
1091%
301/4
*107
30'/a
1081/4
30
*107
10%
90
30%
*107
108 'A
10
200
15%
2,600
31%
*165
75
72
72
*72%
74
*72
43
43 %
*42%
44
*42%
*107
74
46
44
70
31%
2,100
108 %
73%
73%
42%
30
15%
16%
16
15%
15%
42%
60
*35%
15'/a
35%
153/8
35%
353/a
15
35
35
15%
35
35%
35 %
14,000
35%
34%
353/4
*34
35%
700
35
35 %
151/4
*140
142
*91%
*140
92
343/,
141%
91%
'140
91»/4
35%
141%
90%
90
AND
HIGH
Saturday
Monday
Tuesday
Dec. 20
■Dec. 22
Dec. S3
1 per share
181
f
181
.*62%
182%
*
63
*1350
44
per
62 %
44
91
90
25%
25%
25%
*18%
19 Va
*18%
15%
t per share
182%
*178
63
182
*62%
*1350
44
*89'A
share
63
*1350
44%
44
91
90
90
26
26
SALE
141%
Dec. 24
f per
26'A
19
19
19
16%
15%
16'A
181%
62%
89
87 %
1,800
13
DAY
i8y8
13
13
13'A
23%
23
24%
24
23
22%
23
243/4
22%
23
11%
12
22%
23 y4
11%
12
11%
12
11%
12
35
34%
38 Va
38%
40 Va
42
71
*69 %
70
37%
36%
373/4
40%
41
40'A
41%
92
91%
92%
91%
92%
22
90%
22
913/4
22%
22
22'A
21%
22%
2%
2%
2%
2%
2%
2%
2%
98%
26%
12%
x37
38
98
345/8
12%
*69%
42%
•
34'A
13
69%
38
21%
35
13
13%
41%
*91
97
99
26%
2%
96%
98%
97
97y2
26 Va
26%
26
26%
26
11%
10%
11
263/8
11
11
31'A
31%
31
10%
31%
10%
30%
30 Va
31 %
31
30 Va
30
30
30
30
30
*11
31
30
5'/a
5%
5'A
5%
5%
21 %
5'A
5
21%
21 Va
21%
21 Va
21 %
105%
21
105%
105 Va
105%
17%
17%
17%
17%
173/4
*10'/4
173/4
18
10 y2
10
10
10
10%
50%
17
*10
11
49%
50
49
105
50%
49
105 Va
Va
104%
5%
21%
105
13
13%
50
12%
13 5/8
50y2
12%
13
24%
24 'A
24 y4
125/a
24%
12%
243/4
25%
14
14
14 i/a
24%
14
31%
31%
100%
100%
41%
42
*94%
31%
100%
96
12'/a
12%
*93%
97%
41%
*95
12 Va
•
32
32%
*96%
98
'
*90
32%
*96%
13%
13%
13%
32%
13%
31%
32%
315/8
32%
1003/4
42
101%
100
lOQi/s
42%
42
42%
96
96
12%
11%
12 Va
94
32V2
98
"
*91
94
*96
11%
*92
32
32%
315/s
*96 %
97'A
*95%
11%
11%
11%
11%
54%
11%
54%
54
55
7%
8%
54%
54%
16
16%
-
8%
8
8%
55%
54
55%
16%
25
25
53
16%
16%
24%
25
*24%
25
53
*52
53
*52
13%
13%
46
46
46
13%
13%
14
53%
53
54%
8>/a
54%
*52
13%
11%
8%
25
*44%
32%
97
55%
53
13Va
12%
94
8%
25
13 Va
54%
98
53%
*16
*52
53
42
96
11%
54
25i/a
1003/4
54
*11
53%
53%
For footnotes
see-page 24
770
13
870
*
24%
69%
13
12 Va
*13%
23%
13
13%
16%
600
*12%
13'A
13%
24
34%
670
1,600
17%
18
13'A
35
19 Va
17%
17%
70
87%
25
19
7,100
13%
Chickasha
8%
9
4
110%
1
&
Elec
City Investing Co
Clark
Ry Co
com
$4.50
Illuminating
preferred
Clev Graph Bronze
5% preferred
4%
Sep
Sep
Sep
34 Va Sep
38 Va
Jan
82%
Jan
43%
Jan
17
Nov
37%
Jan
Deo
59 Va
Jan
11
14
Deo
25%
Jan
18
14
Oct
Feb
7% Mar
1
76%
Feb
25% July !
-
6% Dec
15
36
Jan
53
Sep
May ;
19
111
Feb
20
108
Deo
28
Feb
18
21
Nov
48% Jan 30
36%
Oct
34 % Nov
3
27%
Sep
11% Feb
10
6
9%
Oct
88%
Dec
108% Mar
15% Nov
38% May
8
29% Jan
May 19
94
26
12% May ly
23
Mav 19
85"
6
Mar
203/fl Feb
Jun~20
i
21% Sep
18
v
34 % Nov 21
30%
114
Deo
Feb
38% July'
58% Apt
44% May
22
May
178%
95
Jan
28
433/4 jun
4
115% Feb
205
Feb
Jan
108
Jan
109
Sep
113%
Jan
106
Jun
108% Mar
Jan
106
27
107% Oct
Sep
185
28
35 % Nov
1
27% Jun
106
in
Nov
4
35% July 28
10
109
Dec
10
101
Jan
22
99 Va
42% Dec
26
57
Feb
18
10
24% Feb
3
56% Feb
19% Dec
50
71
14% Dec
1
32
May 21
No par
34
Dec
10
140
Dec
26
pfd_—
11%
15%
24
inn
2nd
cum
Feb
15% July
11 % July
Dec
50
Preferred
Oct
Nov
1
Nopar
Clinton Industries Inc
Cluett Peabody & Co com
33%
Sep
3C%
42% Mar 17
81% Dec
100
gtd
7
3%
45
29
100
Co. (The)
11% Oct
*
2
13t
37% May 19'
27 V* May 20
corn..No par
No par
Pitts RR Co 7%
Special gtd 4% stock
Climax Molybdenum
Oct
66% Oct 21
96
—109
Cleve &
Jan
5%
14% July'
17% Jan
13
9
23
■'
5
& St Louis
Jan
26 Va
21 Va May 21
>
—.20
J?rCftnredr
Cleve Elec
18%
Oct
July 23
17
5
Co
Oct
34% Dec
Sep
,-—100
Equipment
25% May
66% Jun
53% Feb
16'
56% Sep
10
common
Oct
9%
14% Feb
8
38% Feb
7
27% Feb 21
21
____
Apr
arnar
"4%
7
153/4 Feb
No par
No par
preferred
32
Oct
17%
10% Jan 30
63/8 Feb
4
4% Nov
100
Financial Corp
City Ice & Fuel
5%%
15% Feb
Oct
Jan
7% Nor
15% Jan
8.50
25%
114
12%
12%. Dec 20
d% Feb
1
5
Jan
48%
123/4 Jan 29
May 19'
Jan
43
-
102% July 25
7% Feb
3
11% Nov 24
com..
23% Nor
21% Nor
105
Sep
2
10
I T
City Stores
Oct 20
Feb 10
28
33
May
25% July
56
25
24
51%
27
33% Nov 25
2.50
'
Dec
Sep
Jan
51%Mayl9.
Chrysler Corp
11
31%
13
20% Jan
Jan
i.14%
110% Jan 23
6% May 19
23% May 19'
13% Nov 25
•>
102% July
23% Jan
2
30% Oct
543/4 Jan
2% Dec
116
6
30
3'
4%
Jun
Sep
27
20% Feb
Jan
Jan
Deo
89
18
Apr
137/a
21% Jan
24
25
Oil
Chile Copper Co
C
16% Oct
Jan
17%
*
Oct
Sep
8%
143/4 Feb
Jun
July
29
35% Mar
Nopar
Cotton
tChilds Co
165/a
13%
13%
45
45%
44%
45
13%
14
14
14%
53%
53%
53%
13%
NEW YORK
100
39
Dec
26
Mar
3
393/4 Mar 12
48% Mar
154
6
WV»h
7
91% Dec
Apr
62
Ju
60%
Jun
19
152 w.
Jan
1
44% Fff
36% May
24% Sep
39% Nov
165
May
13 Va
14
23%
(The)
23%
70
3,800
cum
Colorado
&
non-cum
4%
non-rum
2nd
Gas
34%
34%
1,400
Columbia
Carbon
12%
12%
300
5,100
41%
6,100
88
91%
1,830
21%
21%
7,400
2%
76,600
96
96%
3,300
26
26%
19,600
10'A
10%
1.200
31
31%
30
Class
87
Dec
24
23% Dec
8
Columbia
&
21 V4
28,000
105'A
2,500
Consol
$5
36
May 19
88
Dec
20Va May 19
2% May 19
of
N
Y
Consolidated
96
Corp
5,600
12%
Consolidated Laundries
Corp
Consolidated Natural Gas-
Consolidated Vultee Aircraft
2,400
Consol RR of Cuba 6%
pfd
13%
13%
1.000
Consolidated Retail Stores Inc
31%
2,200
Consumers Power Co
2,000
96
30
12
6,900
11%
*92
31
*95%
11%
54
7%
53 J/2
*16
24
*51%
93
11%
55.
8
3,400
14,900
12,000
16%
900
24
900
53
13%
44
%
14
53%
1,800
190
4,600
240
r
100,
1
Jan
Sep
14
Jan
32% Nov
48
Continental
Continental Can
.
Exchange Bank &
5Va
Oct
Oct
24% Oct
105% Sep
59%
123
132
Jun
18%
Sep
40% May
55% May
10%
Feb
36
Feb
109% Jan
17% Sep
13% Nov
23%
42% Jan
60
6
14% Nov
33%
Dec
11
11% Dec
23
94
Dec
5
30% Nov 28
95
9
Dec
17
44
May 17
May 20
6% May 19
l
'35
17% Mar
30
Feb
36 Ve
2
10% July 30
17
May 19
12% May 19
Jun
July
32% May
5% Jan
20V2Feb 13
15% Feb 10
5
20
33
Apr
36% May
Apr
50% Aug
106%
54% Jan
10
Tr Co
2% Jan
Sep
29% Sep
12% Nov
24 Vs Nov
108% Mar 26
95
Nopar
Convertible pref 5% series
50
Cornell Dubilier Electric
Corp-^-^i
Corn
18
Oct
Nov
111
33 % Nov 20
18
32'A May 19
par
$3 prior preferred—_——No
parCopperweld Steel Co common.
5
2
1233/4 Jan 29
Nov
9
Continental Oil of Delaware
__5
Continental Steel Corp.
14'
Cooper-Bessemer Corp com..Nopar
19
35Va Feb 11
7
Feb
7
29% Feb
3
24
Insurance—
Jan
Oct
36 Va
2
Dec
common.—20
Continental
4
Deo
103% Deo
7
14% Jan
Dec
Continental Motors
263/4 July
Dec
36%
13
2
30
Diamond Fibre
20
78%
48% Oct 23
115% Feb
3
33% Jan
100
NoparInc
preferred.
Continental
7
28
No par
Baking Co com..No
preferred
8%
Mar 21
Feb
26
^.Nopar
com
preferred
Container Corp of America
com—2Q
4% cumulative preferred
100
$3.75
1,000
53%
13%
13%
18,500
97%
44
*53
$4.50
$5.50
31%
Jan
40% May 19
5
31%
96
Jan
47
47
r
11% May 21
10% Dec 16
1
24%
26
4% May 19
15
13,600
4;%
38
Oct
27% Nov
Dec
21
1.33 Va
50%
550
12% Oct
28
lo
104% Nov
Nopar
Grocers
4
Sep
32% Jan 21
8% May 16
23 % May 19
30
Apr 14
com..No par
10%
•
16% Feb
Oct
32% Jan
25 Va Nov
Cigar...
Nopar
Coppermines Corp...5
Edison
26
Nopar
12%
42
1
6
10 Va
100
May 20
14
49%
100
Feb
12% Oct
25
Jan
Jan
39% Aug
22% Feb
No par
Jun
39
11
18
com..No par
Aug
Jan
—.100
preferred
23%
July
41
10
No par
21
10% Oct
Oct 22
30% May 28
No par
105
63 Va
110
24%
86
Consolidated
Oct
12% Nov
50
South
Deo
37
15%
26
preferred
60%
*99
10
13
26
Commercial Solvents
42% Feb
Feb
69% May
17% Feb
Dec
Consolidated
24
18
36% Dec
&
Feb
200
22% Oct 23
$4.25 cum preferred w w__No
par
Columbus & Southern Ohio
Elec..10
Commercial Credit common
10-
Commonw'th
2
Nopar
69
Dec
20% Feb 10
17% Feb
4
21% Dec
Apr
Oct
61%
14
21% Nov 28
Congoleum-Nairn Inc
500
46
12% Dec
$3.60
Jan
No par
Co
130
6
11
May 22
nighest
$ per share
15
2.50
$6 preferred series
Commonwealth Edison Co
Conde Nast
Publishing Inc
3,700
19
S per share
105% July 25
common..No par
1,500
17%
8
17
2.50
Electric
Pictures
Aug 25
12
May
16% May
8
May
9% May
preferred—_ 100
1.300
30
18
100
;
3,300
*17%
56
preferred
B
5%
5%
May 19
Columbia Broad Sys Inc cl A
Columbia
37
33
5
1st
2,800
69
com-.No par
preferred
20
Southern common—100
18,800
69
1155
conv
4Vo
65 % Jan
May 21
Colo Fuel & Iron
Corp com—No par
5%
191% Nov
1140
Nopar
Nopar
Year 1946
Lowest
$ per share
Nopar
preferred
11%
36%
Corp
Collins & Aikman.i.
Colonial
Mills Inc
22%
2,500
141
May 19
x61% Jun 10
No par
Internat
Colgate-Palmolive-Peet
$3.50
$ per share
Nopar
Class A
22%
2%
Range Since January 1
Lowest
Highest
Par
11%
41'/a
Range for Previous
STOCK
EXCHANGE
Coca-Cola
16
13%
2
50
100
•
24%
12'A
13%
30
15%
13
preferred
Coca-Cola Co
2,400
19%
17%
13'A
62%
44%
16*/,
12%
35
500
16
*12%
70
182
'
CLOSED
25%
12%
12%
2
5% May 19*
6% May 19
4% May 17
8% May 19.
...100
Shares
*19
24
-
$ per share
44%
12
*12%
14% Jan
10% Jan
116
Feb
10y2 May 10
Chicago Pneumat Tool com—No par
$3 convertible preferred
Nopar
Chicago Yellow Cab
Nopar
the Week
*1350
17%
13%
23
23
—No par
Series A preferred vtc.
5%
Sales for
Dec. 26
62%
17%
12%
38 Va
Sep
Sep
STOCKS
Friday
182
17%
13'A
600
Dec. 25
I per share
17%
12
40
89
Thursday
44%
87
140
89
Jan
20
PRICES
Wednesday
182
6,000
140
90
*1350
44%
15%
16
35
*140
90%
LOW
34%
22%
19 % May 21'
Chicago & Northwest
com.—Nopar
C C C
5,100
108
30%
108 %
*72
*43%
B
90
38%
108
30 3/8
30%
1,400
195
38
1081/4
*107
31%
*80
39
1,500
Jan
8
100% Dec
Sep '
Jan
161 Va
20
14
Preferred
81%
90
38%
Class
23%
109 Va
Oct
19
23
25% July
Apr
May
Jan
Jan
6
16% Sep
47
Jan
19% Feb
7
17
32
Aug
38% Feb
114% Feb
6
48
Feb
Nov
3
xlli
24
Deo
115% Mar
35%
Sep
54'/a
12%
Feb
22
Apr
104% July 31
20% Feb
106% Apr
10
44% Feb
8
101
Sep
33% Sep
103% Nov
9
110% July 30
13 % Feb
7
8Va
Nov
July
109 Va
Jan
53%
Jun
113% Mar
18%
Feb
55% Dec
1
46
Va Nov
63
Jan
12% Feb
8
10
Oct
24
Jan
Apr 14
14Vb May 19
<
55% Dec
23
19
19
12% Apr 14
43
May 16
27% Oct 23
53% Nov 21
13% Nov
46% Dec
30%
Feb
56
Jan
17% Oct
12%
Oct
23%
Feb
Oct
60
12
44
Va Jun 27
Dec
26
Feb
55
Feb
5
12% May 17
20% Feb 13
52
61
Anr
14
33%
Oct
49% May
15
Nov
*23% May
•
6
Jan
7
50
*12% Nov
52
Sep
*
81% May
14
3% Apr
Chic. Ind tSi Louis
Ry Co cl A;
Jan
Sep
12% Jan 31
com—50
Jun
18% No?
96% Apr 15
t
Jan
55
183
21% Feb
23
40
10%
Nov
22% Feb
Nopar
Co
Oct
Feb
104%
6
24
...
60
138
Apr 28
19
Dec
Jan
Jan
19
85% Dec
Cincinnati Gas
1,400
6
Deo
34
54% Nov
32% Feb 24
.100
preferred
Cincinnati Milling Machine Co
15%
195
*108
31%
22
10
8,100
12,300
28% Dec
108% Ian
19
40% Dec
1,400
39%
8
May
39%
61%
Nov
31%
153
Feb
22 y8 Nov 15
11%May 1920 % May 19
par
Chic Milw St Paul & P vtc__No
par
99 Va
10
32%
*80
38%
108
25%
22,300
81%
153/4
32%
1,400
40
23
u
31 Va
85
15%
*165
30
108 V'4
10'/a
*815/s
32 y4
37%
108
30 %
31
195
*80
37%
108 %
31
25%
40%
153/4
32%
*165
90
37%
*108
25%
393/8
85
153/a
195
24%
10'/a
*81
313/4
63%
31%
10%
15%
31
31
63 %
40
*31
800
43/4
36%
*35
32,400
*11%
55%.
*11%
'
5,200 J
.
16
33%
55
"111/4
1
35%
7
*52%
16%
9%
7
156
Dec
6%
20
9
_;1.25
Chicago Corp (The))
Chicago Great West RR Co
>5% preferred—..—
4,200
6%
3%
H
Dec
64
12
No par
1..
111 RR
Class Aul
46,900
j 1,700 I
4,500
3%
34
16%
*161/4
12
6%
93/a
.351/4
32%
5%
7% Feb
47
4y2 May 19
12V2 Aug 21
9% Dec 23
Nopar
convertible
Chic & East
2,200
f
8%
3%
9%
323/4
Dec
Oct
158% Jan
16
Dec
.1
preferred
3% %
1,200:;
8%
13
Dec
17% May 19
Chesapeake Corp of Virginia;
Chesapeake & Ohio Ry common—25
800
12
5%
$4.50
18,300
4%
*8%
Products.
Belt Co
Checker Cab Mfg.
300
43 Va
85%
11%
33/8
34%
28
41%'
*83
Pasco
Champion Paper & Fib com—Nn
30
13%
de
Chain
2,100
*98
Jan
"
130
Nopar
200
*13
NOV
x97
No pa*
Copper.—
-
34%
87
Cerro
21%
15
49 % May 19
Jersey
—_100
Sugar Co———9.50
Certain-teed
CHRISTMAS
NOV
45
137
Sep
13%
29Ve May 19
New
5,800
*27
9
9%
323/4
6%
6 3/4
33/4
9
34%
12%
12
6%
3'%
9
33%
12
of
•' 24%
.
38%
39
14
135
Corp pfd 3.40% ser.100
Violeta
6,000
8%
5%
Central
Cent NY Pr
9%
12
11%
5%,
JCentral RR
1,200
16%
'
5%
1,100
26%
4%
8%
12
'
■*
CLOSED
2
7
21% Oct
—No par
*9%
43
4%'
45/8
700
7%
Highest
% per share
Sep
50% Feb
6
25
16%
85%
'
79%
13
112
8
1
26%
:
28
423/8
86%
210
7%
9
353/4 May 19
No par
common
Jan
,
2,700
12%
143/a
431/4
4%
11%
100%
14
88
*85%
21%
8
102
79%
13%
*9%
1,600
*101
39% Jan
50
100
Corp
18
Dec
19% May
5%
preferred^—.—19% Dec
Central Aguirre Sugar Co—_No
par
18y8 Jun
Central Foundry Co.._
1
7% May
Central Hudson G & E
Corp—No par
7% Dec
Central 111 Lt WeVo preferred
100
100 % Dec
2,400
8%
series
100
Celotex
100
18%
8%
8%
13 %
*9>A
3,600
18%
■
27'% Dec
128
t per share
12y8Mayl9
38
Celanese Corp of Amer
com—No par
$4.75 1st preferred
No par
7% 2nd preferred—
10
25
5
Preferred
700
20%
4 Ve
$ per share
Lowest
101 % Nov
10
Caterpillar Tractor
16,100
26%
*20
79
*13 %
28%
139
Co
common
Year 1946
Highest
$ per share
100
100
Carriers & General
Corp
Case (J I) Co common
3,200
99'A
99%
*137
Steel
Corp
Preferred
170
:
101
78%
Carrier
6,600
£
101
78
8
47
58
18%
83/4
8%
*73/4
101
78
8
18%
83/4
Carpenter
900
136
27'A
20%
7%
100%
79%
98%
7
46
139%*
*19%
18%
'
noi y2
98%
26%
1,700
57%
28%
*137
4,800
136
58%
27%
400
17%
42
*6%
139
57%
38%
17%
42
3/4
Carolina Clinch & Ohio
Ry
Carolina Power &
Light Co
3,900
1
Lowest
For
210
28%
38%
46
138
283/a
1381/2
*135%
2'ii y2
*19%
6
453/4
58%
27%
39
6%'
139
57%
28%
98%
46%
139
59%
28%
39
6%
46%
138
59%
28
39%
6%
47
139
28'/a
Shares
109
Range for Previous
NERange Since January
EXCHANGE
.
17%
42
18
42
6%
59'/2
I per share
108%
3 91/2
17%
"136
the Week
110
27%
41 %
46%
Sales for
Dec. 26
$ per share
share
per
27%
39'/a
17 %
RECORD
STOCKS
Friday
Dec. 25
40
*39 >A
Thursday
Dec. 24
$
STOCK
15
PRICES
Wednesday
share
YORK
Apr
27%
Jan
67%
Jan
16
THE
(2672)
19%
*90
20%
19
94
95
64 3/8
*2%
4%
5Va
4%
23/4
2%
23/4
98
*97%
35
98
*""»/«
343/4
97 Va
12
12%
12
12 3/8
23%
233/8
233/a
-J
23
23
23
*44
44a/4
44%
44
443/4
•413/4
43
;
45%
42
42
-7,
44'/a
.
42
34
34%
100%
100 %
*99
125
128
*31
129 %
*123%
26%
253A
26
25%
68%
63%
68
683/4
68%
68 %
32
32
32
86
16
413/s
300
,1
7%
57%
58%
19
19
19
19
131
131
*131
137
26
23
26%
26%
18%
4%
18%
CLOSED
CHRISTMAS
137
*131
27 Va
26%
26
25%
18%
18%
19
13/
4%
43/a
4%
43/8
43/4
4%
19
1,200
*91 %
94
91%
91%
91%
91%
20%
20%
21%
2
19%
2u%
5-3%
'
2
2.X
74
23%
25 Va
2J
23%
•
30
001
24%
25%
243/4
25'/a
24%
86%
87
87%
86
86
6
01
87
*87
87
88%
87
87
87
87
85
14
1*%
A'i%
1^/2
x4%
133/4
14%
11%
113/4
•'
24%
*86%
14
1^V8
13%
11%
12%
11%
39%
40%
40
40
44%
44%
?2
45%
45%
31%
31%
313/4
32
41%
8%
00(0.
i
M)
r,,
8%
21%
45
18%
18%
16%
16%
16%
*3G'
29%
*53%
54
24%
39%
39%
42%
43
*42 Va
43
17 %
17%
1,100
is y*
18
18
15%
15%
15%
15%
15%
16,700
17
17
17%
17%
*16%
17%
700
Divco
38'/a
900
Dixie
on
^•*%
'£%•!*
2o Va
38%
37%
17%
16%
16%
49%
48%
39
94%
94%
94%
22%
22%
22%
23
82%
81%
81%
15%
*15%
47%
50%
2o*V4
101
187%
*95
»
*11?%
95
14%
Dec. 20
119%
117
li-tl/4
U
19%
20%
19
44%
•
44%-'
44%
44%
175
171
54%
54
19%
19
♦171
54
.
%
19
19%
94
-...9%.
:
,5i%
52%
53%
12%
-12%
-12%
f
i
*34
*33
35%
:
17%
17%
56%
57
54%
•101
2%
16%
*152 Va
142
56
57
-
%
4^
48%
Sep
623/4
10
25%
Not
48
37% May
Kodak
Eastman
Co
It
'■
90
94
16 Va
'16%
60
90
16%
AlA%
Ekco
3,800
■
110
104
Bros Stores
preferred
14% Nov 29
1%
Electric
34%
34
2,200
8,400
17 %
154'/a
*138
154 Va
Convertible
•
500
140
Boat
400
$7
Electric Storage
23%
22
23%
22%
11%
12
11%
113/4
*33%
'35
3*%
34
102
102
100
2,600
2,000
600
,
20
.
No par
R.idio
&
_4
Phonograph
5
10
District Electric Co_
Endicott Johnson Corp common—25
4%
100
preferred
——
80,600
10%
10%
10'/a
10%
10
10%
52%
*51%
53%
52 Ve
52 Va
•44%
5C0
9
i
63
8%
9
9
9
*63
p%
-
Eureka
Evans
Williams
par
100
50
prie & Pittsburgh RR Co
2.7n9
18%
No
common
5
Corp
9
19
19%
19%
11%
11%
11%
11%
11%
ll3/4
11
]
*44%
45
44%
45
46
46
47%
4"%
500
Ex-Celi-O
Corp_
6%
7
6%
6%
6%
2,000
Exchange
Buffet
2,200
3.900
Fairbanks Morse & Co
No par
Fajardo Sugar Co of Port'o Rico—2o
6%
52
52
31
?t %
52%
"31
7%
7%
7%
13%
.14
*37
38
*18%
18%
11%
-37
18%
11%
11%
24%
25
i
For
-a*,
25
•
J'
.
<
18%
19%
19%
6%
6%
6%
52%
52%
53
52%
52%
51
52
31 %
31
31%
31
31
31
31 Ve
y 7%
14%
18%
11%
25%
-hfi
c«v» no"p
,
7»/a
■
24
18
11%
25
*100
7
7%
14 Va
*363/4
37
14
14%
7%
141/4
7
14
7%
11,600
100
•36%
38
*36V2
173/4
18
*17%~:1»%
11%
11%
.25%
100%
■
24%
100
24%
100
*11V4
11%
24
241/4
*100
100%
6«i
-
900
,
6,700
-
30
.
Fedders-Quigan
v
5
25% Feb
109-
26
Federal-Mogul Corp
Federal Motor Truck
2
_5
No par
Federated Oept Stores com
No par
4%#- convertible preferred
100
61
Jun
209
Aug
39
71
Feb
Oct
"23%
Oct
40% May
Aug
Dev
101
112
17% Oct
27%
106% Not
114/
6% Not
16%
Dec
Feb
Jan,
13
50%
Opt
80%
Feb
16% Feb
12%
Dec
'353/4
Apr
39% Jan
48'/4
Jan
3% Jan
5
10
14
7%
Jan
19% Feb
8
13%
Sep
8
11% May 19
Dec
«
3
47
t
57% Oct
,
May
40
Oct
56% Jun:
44 %
Sep
f
-
61%
Jun
30%
Feb
18
11%
Not
15
17%
Dec
43%'Mar",'
19% Jan
17
8
17
Not
21%
2
Mar 24
104
38
27% May 17
102
128
180% May;
167
July
Dec
17'
May 19
11% Dec
29% May.
24% Dec
9% May 19
13
2
,
19
59% Oct;-
5
46% Mav 20
v
Sep
Sep
138
3
24% Mar
15% Dec
•
3% Dec
Oct
July 24
156 Va Feb 24
'
Oct
34%
171
1
Jan
.
2
135% Dec
145
107
7
.
'
Oct
Apr
Sep
111
Jan
9
4 % Dec
5
9
8 Va Dec
8
47% May 19
1 % Dec
.5
12% Feb
3
3
48
;
Oct
Oct
93
Jan
Mar 25
90
-Oct
95
Jan
10
Oct
22%
Jen
7
15 %
Oct
7
21% Not
333/4
58%
Apr
Apr
3 % Dec
1/2 Dec
63
Nov
«7'Feb
35
24
13% Feb
7Va May 17
18
24% Feb
May 19
x6% Dec
1
Co
31% May
65% Feb
10% Nov
Rad Corp_. 1
Not
,
18
8% Feb 18
25% JaD
17
8
32 VB MBV 19
Corp
190
21
2
7
4
17
111% Feb
2.50
Corp
Federal Mining & Smelting
"
57% Dec
26
Dec
1
Jnc
Farn«worfh Tnlevi*'n
10 0"0
143/4
371/2
37%
-18
11%
•
Eversharp
7.nr>o
13/,.
Products Co
198% Oct
26
May 17
Dec
30% May
Sep
Not
Jan
,
16%
30%
48"% July 23
17
Feb
27% Feb
.
preferred series A
1,200
R%
18%
RR
5%
30
65
1
..
„^
:
45
6%
; 13%
Erie
25,600
52 Va
Rights
Dec
-
19
3
SO
,
Highest
9 per share
33% May 29
3
—
19%
11%
11%
*]On
;
52%
.6%. I; 9
;19
■■••V:
4%
4
4
share
4 per
253/4 Aug 18
Jan
Previous
Year 1946
Lowest
share
51
21
lOVs May 19.
15
Mfg Co—
Equitable Q.fice Bldg new
T3.100
1
10%
*60
Feb
May
24% Apr
2
Empire
.
10?
Gas
Electric
Emerson
10%
65
116%
Sep
50 Va May 17
.
No par
No par
—.
Battery
Paso; Ndtural
23%
*€0
Oct
13%
43/4 May 19
No par
>Elgin- National" Watch' Co
Emerson
'
preferred
preferred—
El
57%
C5
112%
5
90
—3
common——
$6. preferred——
1,500
10%
•60
July
15Ve Aug 29
-
3,6f 0
63
Jun
133
16
104;
Power & Light com—No par
lRV,c
3%
227~
Dec
Nov
423/4 May 17
Elec & MusTnd Amer shares—
Electric
400
2%
16%
r%
Oct
124
19% Mar
share
42 Va May
5
(The)
Electric Auto-Lite
334
161
4
9 per
14'A Dec
100
1
2.500
2
Apr
41% May
8
Highest
16:,
100
4,300
16
JaD
116
July
19% Jan
.—5
13%
34%
2 J/a
Jun
33%
129% Aug
197
May 27
Dec 24
J per
10
53%
58
63
173
117
__5
12%
•
Feb
12
53 '/a
1
Oct
17% Nov
123/4
3%
15%
Oct
!
-
2,600
16%
'22
it
Dec
22
293/4
22
Dec
Oct
19
5%
58
3n'
118
111%
104% Oct
114V-
15
—100
—4
5 Va
5%
16%
4%
42% July 24
Feb <4
«
Range Since January 1
Products Co common—
58
•1A
108% Mar
91
4 %% '
57%
1G
Not
10
preferred—/.—
Elastic Stop Nut Co—
104
16%
15
63%
iv
Inc common— \
preferred
cumulative
.6%
16%
3%
r.
7
Feb
163
Edison
55
10%
*52
;.i.
r
Ian
% teo
'
4
3%
Deo
19
1
Eaton Manufacturing Co—
154%
bep
16%
98
common
100
140
*23%
18
76
98% Dec 26
92 % Dec 26
10
1,700
:54"
23
Range for
1,200
105
Apr
Jun
Mar
39% Oct
45% May 27
36% Sep
July
21 Va Jun
May 16
.Eastern Stainless Steel Corp.,
1RO0
103
30
Feb
34
81
Dec 19
10 % May 19
Eastern Airlines Inc——.
1,400
,
553/4 Oct
May 22
Lowest
19%
16%
'101
52
14
Eagle-Plcher Co
16%
C 102
Not
STOCK
YORK
54
543/4
24
30
28%
2
9
3
166
16
12
Not
15
18
115% Jun
19
543/4
34
14%
19% Oct
40% Sep
110% Sep 12
14% Dec 18
54
15%
12%
18% Jan
5
163
56
34%
11% Mav i«
23
1st pfd
DAY
CLOSED
15%
12
Sep
Oct
No par/
CHRISTMAS
55%
33%
16%
Par
11.0*0
%
16%
57% V 57%'
42
13
100
.18%
•57%
28
24% Feb
EXCHANGE
3,200
JL9%
56
12
102
,
15%
?16Va
24
103
4"
o
Apr
Aug
50
Jan
26
No par
19 Va
'
34% Jan
Aug
24
39% May
17 % Dec
(E I) & Co com__20
54%
168
■
50%
>
3
24%
,
16%
-
140
./
55%
56
»
-15%
?4%
,
*33
154%
142
16%
11% -11%
*33% -'357
I
154
•
^67
16%
:
154
r? 142
56%
16%
12%
17%
17
17'%
.
53
■
2%
2%
154
139
*15%
?
.'17
v:
5%
31%
*33
2'/a
16
L
.
44%
*92
♦103
;i2%
12%
*140
154? i
139
!
a
,
154
:
35
h
s:i 2%
2%
.-.
53
12%
19%
5%
53%
■
20%.
54
94
5%
54
164 Va
i9Va
105
'
—
44
Oct
100
1
(new)
NEW
13,900
-/4
8ep
34%
50c
common
Duquesne l ignt 5%
G Cigar Corp
900
18
"16
15%
105
5%.
5%
5%
;
:
.
*92
16 Va
105
vl05
105%
,
22
17%
54%
54
19
15%
15%
15%
*105
21%
18%
171
54%
*92
64
*92
•
22%
19
common
Shares
$ per snare
17%
44%
"168
171
.
9 per share
*22%
2b
%
Oct
23%
107% Sep
the Week
Dec. 26
18%
44
20%
50
15%
1
17
STOCKS
Dec. 25
9 per share
Jan
Jan
31% Feb
94% Dec 26
Sales for
Frid»t
Thursday
29 V,
22%
22%
Corp
Pont de Nem
PRICES
Dec. 24
share
,18
,20%
■n
9 per
SALE
Wednesday
Dec. 28
isva '18%
.
HIGH
Co
series A
D W
300
14%
47
7
23
2
Preferred $3.50 series——No par
00
llo
14%
22
15
19 '/a Dec
8
28% May 19
16% May 14
Preferred $4.50 series-
1,200
94%
*110 74
14%
Dec
49
preferred
International
Dup.an
Du
700
118
94%
95 Va
115
14%
14%
AND
*116%
*113%
115
Tuesday
.
share
22%
22%
18%
"
'
118%
v
1,900
186%
19%
26% Oct
15 % Dec 12
25
May 19
conv
Dunhill
UV/J
l"
-/ a
185%
95
95%
95%
:'..*
1o
186 Va
1,000
15%
15%
*
16%
186
Dec
13% July
42% Nov 26
No par
15
No par
No par
Industries
3%%
Feb
16%
1
2
Aircraft
Dresser
77
35% Apr
No par
Chemical
400
83
Oct
10% May 19
17% Jan
3
16
Oct 29
20% May 14
Ltd
Mines
8,900
22%
22%
15%
15%
15%
.Dec. 22
*22
1
93 %
*80
28
60
No par
$3.25 2nd preferred
15%
16
187 %
LOW
pei
$4 preferred
81
14%
Monday
9
1,400
4 000
22%
%
15
Saturday
t per share
11,500
99 %
81
118 Va
95%
11-%
*14%
~
40
98'/a
22 Va
15%
113
o5%
115
*14%
39 %
83
186%
119%
119%
120%
39%
22%
*
16
387%
186 %
DOuglas
22%
*81
16
16
16%
5,700
9? Va
Oct
62% Oct
2
1
Corp
49
94 Va
23
4
Aug
No par
5
Dome
Dow
27% Mar 26
No par
Doehler-Jarvis
Apr
1
59
100
Ltd
Co
oOJ
93
22
No par
A
8,800
95%
18
19
6% May 19
253/4 May 19
1
5
12.50
Cup Co common
Pepper
1
4%
«
95%
Dec
44 % Dec
Jan
Jan
20% Dec
-
25
Corp-Seagrams
100 %
99
1
Car Co—.
Motor
17
39%
39%
10% Feb
1
common
47 Va
100%
5% May 19
100
xl6%
48%
38%
100%
101
*100%
3
T
8
26
45% Mai
Corp.
Class
Dr.
1,100
23 %
37
38
16%
23
23%
*37%
17%
Distill
210
53
*51
24%
08%
*119%
53
38%
101
14%
38 Va
39
53
16%
38%
*16
*38
Match
Diamond
15%
53%
July 24
j2% May la
partic preferred
6%
200
18
.*"•'%
101 Va
May
1013/4 July 29
26
100
Co
Diamond
39%
53
26
28
50
Raynolds class A
Devoe &
1,200
45
48%
186%
Vilbiss
1,000
40%
38
.38%
13%.
*81
De
25
*43
24%
24%
37%
16%
6C0
16%
25
*39%
53%
36% July
West RR
Detroit Steel Corp
40
39
39
*53%
Sep
Dec
Detroit-Michigan Stove Co
16%
18%
28
8
Dec
20
400
17
*16%
31% May
<5% Jan
85
pfd
for
1,4C0
18%
15%
16
NOV
83
com
for
12%
•
16 Va
24% Dec
Edison
24%
t p
39
7
Detroit Hi'lsda'.e & S W RR Co
39%
39%
39
*43
ctfs
Escrow" ctfs
Detroit
65
*16%
16%
34
23
100
Western
12
25%
98% Nov
Nov
243/4 Oct
100
Grande
24
16%
Dec
17
16
16% Jan
100
Hudson
Rio
&
Escrow
4,300
17%
21%
25%
91 %
29
*16%
21%
16%
26
23:,/8 Oct
Oct
6,400
25%
18
96 % Jun
1
Preferred
3,700
24%
26% Sep
12
6%
44 Va
16%
19 y2 Aug 26
143/4 May 20
5
Jun
21%
25%
May
50%
43%
24%
July
45
42% July
213/a
16%
145
Deo
58%
18%
26
Feb
34%
Oct
25%
Oct
44%
24%
1
Sep
Lack &
16%
23
90% Nov
1
100
Deep Rock Oil Corp______
Deere & Co common
Denver
26
Oct
128
Apr
40% Feb
31 %. Dec
18
*24%
17%
11
21 % Dec
333/4
Delaware
16%
132
25%
9,600
26
Feb
0
43
24%
12 Va
31
18%
26
Oct
23
20
433/4
24%
Apr
5%
8
Jan
46 3/8 Oct
18
*16%
Feb
76%
45% Oct
42
>
146 Va
Rep
38% Feb
&
12%
26~
Oct
Dec
Delaware
25
Nov
6% Feb
129
No par
10
103
May 17
2,400
12
pfd____100
8
4
60
147
Feb 18
18 % May 17
1
H'eb
Dec
1 *,•
113 Va Jan 16
56
T""
«
4% May 20
12% May 21
No par
July
Aug
41
*24%
2.50
Mar
24 Va
30
41
12%
106
Nov
33
31
42
67
24% Oct 29
6% May 19
Oct
16%
7
3
Mar 12
1
41%
12
»P%Fpb
27% Nov
165
20
1,100
*55%
101
16
No par
,
Jan
Jan
No par
3,900
4,400
30
12%
20
Dec
7
18
Apr
43
67
Dec
Jan
28%
160
95
86
Tan
173/4 Sep
Dec
18%
12%
Oct
xl6
Jan
22%
44%
*55%
17 Va
a
21% Jan
7
1?
16*
13% t>c
165
34%
18
12%
13% May 19
Feb
Jan
46%
No?
43
67
Oct
Nov
19%
12%
22
17
44
*55
M
16%
453/4
*55%
343/, Oct
May ^
54%
115% July
11
42%
67
Dec
11
30
*55
Dec
RR %
11,300
45
21%
22
Sep
29
29
23% Feb
41%
21%
Apr
110
i-*
Jan
*.4
96
20% Feb
433/4
21%
150
16
Feb
11
29
18%
21%
130 Va Oct
Sep
43%
21%
Feb
11
46 Va
17%
110%
50c
313/a
*
Sep
Decca Records Inc
31.
8Va
103
25
45%
8%
24
l23/4 Sep
42%
8 Va
108% Feb
Jan
50c
42%
8%
Apr
Dayton Rubber Co
313/4
8%
40 %
Jan
3,6(0
46 Va
41%
Oct
No par
series B
Preferred 3.75%
160
.
40 3/4
8%
25
.
45%
41%
8%
Feb
16
100
series A
J"/4%
^-u
113/4
'
54%
1
12
113/4
12%
41
41%
8%
12
72
62
Dec
10
Dayton Pwr & Light common
Preferred 3.75% series A
16,200
85
88%
25%
35'/4
Oct
47
99% Dec 20
105% May 19
22 % Mav 19
67% Dec 26
Corp common
oum
2,t>u0
24%
"86 %
/. 25
Sep
32
34% Oct
Davega Stores Corp N Y
Davison Chemical Corp (The)
900
% 008.*
78
Dana
1,700
•)0!:,
21
20%
74
'
23%
23%
23%
23%
3/4
2x
'/2
J.
93%
*91%
28
Mar 2r>
10
D
00c.
23
93%
*91%
9
20
29
com
Inc 7%
J()(>
24
23-
1/,
2" V4
2 "3/4
24%
24
Oct
Jan
5
•>o.i
*22%
16
Amer eom__No par
Cutler-Hammer Inc
800
26%
*26%
110 Va Aug
45% Oct
100
Sons
Nov
30
Apr
A—
Class
Cushman's
10
137
*131
DAY
30,600
Jun
101
14
25
preferred
Prior preierred
:
Curtiss-Wright common
7C0
Jan
49%
19
No par
No par
(The)
7%
Oct
22-% Dec
100
Co
Apr
Oct
113/4 Nov
5
$7
573/4
4%
57%
57%
57%
57 %
107
16
52*e
Ine
Pub
"Dec
18
Cunningham Drug Stores Inc
143
:
Pre.ss
Curtis
11,200
9%
9
*128
143
*138
97
143/4
31
13
Mar
5
Dec
preierred
Cuneo
24%
*24%
9%
9
9 Va
143
100
1,000
16 Va
4Va
4
Dec
210 % Mar
Nov
9
41
Cudahy Packing Co common.^
4%%
preierred
8,200
85
16 Va
24%
•24 %
24%
87/a
*139
%
i
*80
4% Jan
Deo
7%
40% Feb
8% Jan
753/4
58% May
*185 Va
Aug 15
13
2% Dec
6"U
RR
7
195
4% Dec 13
preferred
100
Cuban-American Sugar common__l0
180
13%
of
Steel
1093/4 Aug
753/8 Jan
15
26
No par
preferred
Cuba
2,700
15%
11%
16 Va
16 Va
16 3/8
*24%
9%.
143
*57%
4%
4%
33
•160
86
*82%
88
16 Va
24%
9
*139
53
1,100
410
67%
67%
5"/<
Deo
6
26
11% May 19
preferred
2nd
$4
39% May
101 Va
1053A Feb
105% Jun
No par
Zellerbnch Corp com
Crucible
4,700
25%
Oct
2
(The)
com
$4.20 preferred
140
128
Seal
&
25%
1
1
America
of
Cork
share
19
32% Feb
26% May 13
100
Wheat Corp
of
Crown
30
993/4
preferred
preferred
$2
5,400
34
*30 %
13%
133/4
133/4
13%
*82%
16 %
*131
i
Crown
25
180
*160
180
.*160
13%
*24%
9%
142
,
88
16%
.
24%
9
'-
Cream
common
Creameries
-
180
13%
*82%
86
16
-57V2
£00
1,?0)
15%
15%
15%
15%
15%
15%'
*130"
13% :;13%
31%
32
*31
15%
*24%
4,100
4° 34
*125%
26%
180
*139
12%
22%
%
*99
129%
26
32%
15%
*160
300
33%
100%
*99
89%
124%
C9 % 0
69%
971/8
x4
42
343/4
34'/a
26 3/4
127
>,25%
International Corp
Crane
3%%
Sep
Dec
Highest
S per share
$ per
share
1
1
Ine
Coty
3,800
■'41%
43
*42
34 Va
33%
99%
99%
*125
.
45%
.
33%
33%
Coty
2,800
11%
12 %
12%
12
•22%
12
4,^0J
2 3/4
Co
$ per
Dec .26
Dec 16
Dec 16
173
Year 1946
Lowest
Highest
25
5Va
34%
97 V8
97 Ve
18 Va
88 Va
88
61%
100
Preferred
530
,
274
35
9R%
34%
35%
98
175%
5 Va
2%
34%
3,'00
C4Va
5 Va
3
,
xuO
223/4
5%
2%
343/a ■34%
Glass Works common
5
3% % preferred
100
Cum pfd 3 Va % ser of 1947—100
Corn Products Refining com
25
•4%
5
3
;
/4
!
$ per share
Corning
95
173
Range Since January 1
Lowest
Par
12,800
.
177 "
176
178
t
*91
65 Va
64%
643/4
178
193/a
18%
Range for Previous
STOCK
Shares
$per shore
95
*91
65
177
per share
94
*91
9
19%
93
5
4%
lu
193/4
92
6i %
176%
'•;
178%
Dec. 25
share
per
'
92
*90
92
65
177%
9
share
per
STOCKS
Dec. 24
92
20%
*89
92
t
share
per
20
20%
*89
:
$
share
v/f ver
/
Dec. 23
Monday, December 29, 1947
EXCHANGE
the Week
Dec. 20
YORK
NEW
Sales for
Friday
Thursday
Wednesday
Tuesday
•''-'"/•,Bee. 22
Hoc. 20
«.•
*'
Monday
"
.
CHRONICLE
FINANCIAL
&
PRICES
SALE
'
/Saturday
COMMERCIAL
50% Oct
18
19
13% Aug
6
May 19
Jan 16
Mav 19
Dec
8
32
May 16
16% Dec
5
93% May 19
19
Apr 18
98% Nov 25
60
44
25 Va
4%
111/2
3 an
30
31 »4 Feb
Pcb
1
143A Dec
<
26
7
42*4
Mai
1
9%
34% Oct
Oct
7
47% NOt
Sep
21 V8
7% Deo
>35
•
Oct
23 % July 14
•;
14% Feb
8
10% Oct
28% July 23
;21
Not
12
10:4
VHern
1073/4 Jun
23%
Jan
63% Jan
11% Jun
;
May
Feb
193/4 jan
88
,3B3/4
543/4 Feb
213/4
Jun
34% Aug
108
Feb
Volume 166
Number 4659
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2673)
NEW
LOW
Saturday
Monday
Dec. 20
I per ihare
*21
'
8ALE
I per share
•
1
21%
•21
49%
21%
21
21 >/8
21 %
211/4
21
58
55%
56
56
56 %
♦56
50
104'/2
49%
104%
59'/a
16%
*57%
16%
36%
33
13%
*20%'
38
IOV4
10%
80%
80%
38
13%
21
21
38
'
39%...
37
10 va
10 %
/
W.;'V92%
95
95
30%
32%
31%
32%
25%
*25%
14%
25%
14%
14 Va
Vs\; ;vc 40
12% ,: : *11%
22%
22
22%
V
14
80
•>-' K 41
'.^ vl2
-
34%
12
%-21%
81
.
*21%
37
f'
\
,
-
,
39%
.2.900-
-2,300
22%r
♦79
80
Food Fair Stores
Food Machinery
420
HRISTMAS
3V*%
~
DAY" '
9%
9%
8%.
9
9V4
8%
•
19%
13V4
13%
22
22
6
29%
57
13%
13%
•
22
57
57 V,
10
10
*150
156
*150
12
12
Freeport Sulphur
'4%
cum
12V4
>
I
*39%
34%
35
34%
35V4
*87%
39%
23%
89 Va
11%
*11%
48%
39%
39%
23%
39%
24
10%
11%
101%
*100%
57%
121%
122%
123
15%
15 »/2
15%
15%
15 Va
19%
19%
19%
19 Va
96
l«v:a
96%
15%
3
15%
2%
12 »/8
12%
12%
12 V2
24
24
23%
23Va
125 V2
127 %
12o%
5Va
5%
28%
*30%
*117
5'/a
28%
27%
*22%
27%
99
26%
23
23
22%
1*0%
5%
5
28%
27%
2 9%
23%
♦95
27
119
28
119%
27%
23%
99
119%
28
0-%
27
27%
*85
90
85
85
*83
80
♦72
77
*72
80
2 b V2
LOW
2
/
AND
'/a
2c>
Saturday
Monday
Dec. 20
Tuesday
Dec. 32
Dec. 23
31
*92
22 Vs
*88
24%
*51%
t
f
5
120
25%
89
*72
Thursday
33
53%
*51%
21%
21%
86
86
53 Va
*5 7/8
*114
23%
55 V2
22 Va
23%
56
100
56
*99%
45 %
45
24
*114
5%
*114
119
1,700
6,700
6
6%
100%
44
44%
99
*98
19 %
6
6 Vb
6%
19%
5%
*5%
6 Va
6 Vb
6 Vb
33%
33%
*33%
35
*98
CLOSED
5 Vs
5%
33V4
200
*32Va
19
33%
19%
400
19%
191/4
18%
25%
25%
18 ¥4
24%
25%
24%
251/4
90
90
1,300
3,800
10%
32
13
10%
13%
13
10%
10 Vb
32
*30
30
10%
10%
111/8
30
30
30
92%
10%
13 %
12%
13
38%
39 7
12%
13
8
39%
39%
39
40
207a
40%
20%
20%
90 VA
39%
20%
135
20%
134%
20%
135 Va
133%
135
68
*63%
*b3 %
68
*63%
*133
*63%
31%
31%
31 %
16%
16%
*157/a
11%
ll7/8
11%
68
,
134
*63%
32
32
31%
16%
31%
15%
16
16
16
31%
7 Va
11%
92%
14
11%
11%
93%
93 %
93%
32
93%
93%
32%
32
32%
31%
33
7%
93%
7%
7%
'
14%
*92%
94
"13 7/8
14%
7%
*93%
7%
7V4
'
94
92
x<>9
50
51
74
75
75%
75%
13%
13%
13%
13%
13%
32
32
32
3434
14 %
15%
*13%
13%
*92
94
*106
106%
25%
26
*148%
153
*30
30%
*63/4
*77
7
80
73/4,
8%
8%
*33
34%
15
15
13%
13%
*92
*106
26
*148%
30%
7
*75%
8%
32%
*143/4
133/a
93 Va
93
106'/a
'
26
30 Va
7 Va
80
33%
8%
30%
25%
*88
41%
For footnotes
see
page 24
Oot
182
3
33%
Dee
62
Feb
9
39%
Oct
66%
Feb
16% Mar
Oct
156
V
3
54% July 11
42
Jun
25
126
Dec
135%
Jan
Feb
6
114
Sep
123
Jan
65% Feb
11
47%
Oct
Mar 25
124y«
Nov
132
Feb
101%
Dec
103
Dec
II
Nov
29
Apr
40%
Jan
7%
Jan
131 V« Feb
*122
3
121
Dec
26
129
95
Dec
26
107'/a Sep
13% May 20
18% Oct 20
13% Dec
27%
,
Aug 21
10
16
6
20
Nov
Feb
8
21%
2%
Oct
16% Jan
14%
Oct
31% Feb
24%
Nov
140
Feb
3% May 17
137
Fob
May 19
May 27
80% Feb
Nov
4 Va Feu
2% May 16
11% Dec
5
19
May 19
125
Oct
3
84% Aug
24
2b
6
7/, Jan
150
Apr
11% Feb
26% Jun
Oct
20%
20
23% May
48
May
Oct
4%
29% Oct
Oct
36% Jan
23
101 % Apr
27
Dec
29
Jan
47
19
Jun
124% Jan
29
101
Oct
132
1
35% Jan
July
2
32
Nov
19% Apr
14
30
Feb
8
106
Apr
15
105
49% May
46% Apr
HI
Feb
40 V4 Feb
11
32% Nov
102% Sep
99
Dec
21 Va
May 27
1
Tan
22
98
Feb
5
24%
96
Oct
Oct
60
Jun
118
Jan
104%
Oct
Sep
3%%
90
Dec
34
26 Va Nov
Fei>
6
29
116
Apr
27
49
Jun
NOV
6
71% Feb
11
99% Dec
13
59%
May
8% Jan
NOV
15
NOV
106
July 23
5% NOV
151%
Jan
47% May
88 Va Apr
100%
Sep
21
50%
Nov
109
Aug
4
105%
Sep
24
Jan
10
19%
Nov
43
Feb
8% Oct
24
5%
Oct
16
Jan
5
41 Va Dec
Dec
3
9
61% Feb
May 19
5% Dec
5
8% Mar 27
90
Dec
24
107
1
9
May
5
com
Jun
2
Great Western Sugar com
No par
20
Dec
133
Dec
59
Ry
pfd
67*
& Western
Green (H L) Co Inc
Greenfield Tap & Die
RR
29% Oct
Guaritanamo
No par
100
-
Aircraft Corp
Sugar
preferred
1
1
common
9
No par
No par
78
No par
:
25
31%
6%
14
17
13%
Dec
35
30
12%
33%
13%
Dec
18
Sep
Dec
21
Feb
3
40%
Oct
64
Jun
u
22%
NOV
iviar
Feb
21 % Mar
105% Feb
Dec
Jan
27
158
Oct
5
55
Oct
79
Feb
20%
Deo
20%
Deo
Apr
5
27
102%
Oct
Dec
24
23%
Dec
52%
8% Jan
10
6%
Oct
13% Jan
33
•
95
Dec
19
51
14
76% Dec
13% Dec
17
111
Nov
108
16% Sep
16
80
147/8 Feb
21
3na Dec
No par
34%
188 Va
Dec
ll7/a Nov 21
23
4%
Feb
35% Aug 22
27
May
May
May
May
May
Apr
Jun
112
37% Feb
70
July 29
93% Dec
17
Nov
Feb
40 Va
Nov
101
2 < /«
(The)—
preferred
12% Jap
27%
10
163% Jan
10
Common
28
5
Jan
54% May
Oct
10
Mar
Apr
49% Feb
7
14 % Dec
Oct
30% Mar
12%
Mar
77
17
,
May 12
—1
Corp__No par
Jan
5%
107
113%
14% Fflb
26
100
41
26
100
conv
Preferred
conv
Apr
58
Oct
12
$5
106
Deo
Feb
Dec
2,400
Oct
53
33
Dec
Grumman
100
124
12
4,300
17
Sep
5
29
4%%
May
42%
19
58
34% May 21
190
108
19
P
Iron Cre Prop
18,100
6
I per share
22% Jan
102% Dee
7
Jan
Highest
t per share
20% Dec
No par
Bay
20
Feb
103
8
No par
No par
cum
Northern
24
<*0
51% May 6
5Va May 21
104% Jun 13
pfd
$2.25
Gt
Dec
105% Jan
5
17 Va May 19
85
Dec 26
22% Dec
Lowest
.
loo
Greyhound Corp
210
23y«Mayl9
2
10
11%
7%
$ per share
13 % May 13
preferred
31%
'
Highest
95
1
Grayson-Robinson Stores
Gt Nothern
Year 1946
Lowest
S per share
33
72,900
*106
25%
153
34
Apr
Apr
Jan
fe Dec
57%
Rights
8%
26%
92%
*88'
41%
Printing Co
106
20
1,300
(W F)
Hamilton
4%
Watch
Co
25
com
preferred
conv
32% Dec
23
5
14
Jun
3«>
No par
13
Dec
2
92
Dec
24
—100
*293/4
30%
700
6 S/8
6 ¥4
Hanna (M A) Co $4.25
pfd—No par
Harbison-Walk Refrac com—No par
6%
preferred
100
Hart.-Schaffner & Marx
10
400
Hat
76%
8%
150
751/4
10
8%
83/s
2,000
8
8%
8Va
6.500
26
%
26%
*26
92
26 3/4"
•'41
*97
98
4%%
Hayes
Hayes
Helnr
-/4
1
preferred
Industries
100
Inc
Mfg Corp—.
Hecht
800
•
i
Amer class A—
Rlncs
600
92
41
•■■■--
CorV of
TT*
1
*b8
41%
98
130
25
*148%
7
*96%
91
25
80
*41
:,s
Water
Hall
1,100
105 %
253/,
31
7
Hsckensack
300
13Va
*90
1061/4
30%
900
15%
13%
92%
34
*143/4
153
*751/4
8%
*32%
15
13%
*143Va
30%
99
7
26
ic
8%
*88
8
Range Since January 1
common
32
? 5 Vo
♦96%
Feb
103
May 19
May 19
51% Jan
Apr:
Apt
Apr
90% Aug
47% Aug
'
Sep
Jan
24% Dec
Co
12,200
%
42
(W T)
13%
8%
92%
18
Dec
Dee
Apr
40%
Sepv
74%
x35%
9%
Sep
30%
31%
56%
Dec
Co
fo
common
prelerred
fH
3 65%
Co
J)
cum
Co
common
preferred
1
£
2
104
Apr 15
19% Apr 17
148% Oct 30
Oct
78%
Sep
78
Jan
19% Feb
19
Jan
112
11
4
22
35
Nov
15
Oct
40% May
24
Aug
17%
Oct
Jan
Jan
May
26%
4
103
Oct
119
Apr
12
105%
Jan
109%
Apr
2
20%
Sep
160
Jan
•21
151%
6
33
NOV
10 % Feb
3
8
Oct
100% Apr
7
99
Sep
p
8
34% May
Nov
39% Jan
6% May 19
75 V4 Dec 23
6
May 19
4% May 19
VB Motr 1R
15
22
May 21
100
90
Dec
*•'5
5
17
Dec
v«»h
9% Oct
24
3F 5'= Jan
8
30% Jan
2
103% Apr
14
u
»"»v
x95
11
Jan
Feb
108% Sep
27% Dec
28V4Mayl9
5
100
89
108
'0
July 14
170
Aug
60% May
16% Jan
106%
Jan
Nov
20%
Apr
5% NOV
29 V4 Oct
15%
Jan
36
Dec
28%
101
1
103
NOV
51
May
109% Mar
Nov
l/jj
rw
Dec
.
28%
16%
45% Jan
19
87% Dec
8%
v
200
39% Feb
2
13%
26%
99
33
160
10P
No par
Gulf Mobile & Ohio RR
$5 preferred
orl/4
*40 Va
12
24
22
oO
Gulf Oil Corp
Gulf states Utilities Co
26%
*96%
11
23
21,000
1,500
26%
99
14% Feb
Jan
10,400
26
42
Apr
Apr
83% July 16
47% Feb 13
21 % Oct
761/4
8%
41%
14%
Nov
31
49.
263/a
•96%
Apr
Sep '
Dec
12 % May 19
75%
253/4
*88
71%
13
No par
48
ra
Dec
Sep
X170
No par
141/a
8 3/8
92%
July
Co
48%
92
7
8 Vs
185
Steel
76%
253/4
83/4
City
14
263/4
*26
'
Grant
13%
15
80
8%
.
Union
Granite
933/4
31%
71/4
"
9
Dec
26
109
No par
Rub
14%
*13%
93
*6%
10%
May
>21% July
■
26
*«
Dee
,
May j [
-
No par
&
92
*32%
15
133/a
*75%
48
Dec
tjy.« reo
13%
;<
67% May
24
H
" 106%
26%
26%
*148%
17
58% Oct
102
25
new—No par
preferred
92
32
*106
153
Dec
Dec
5
Hosiery
93%
A
104
Nov
No par
com—No par
13%
76%
13%
*33
7%
•
13%
9
85
No par
com
75%
49
51
73%
32
1,100
*92
F)
48%
14%
51
32
1,600
15%
11%
conv
Green
31%
'
X13%
4.
68
311/4
11%
93 %
32
$5
340
9,300
15%
94
*92
15,500
1341/4
133
68
Goodyear Tire
200
4,400
40%
20%
20
134
32
11%
T3
(B
preferred
Gotham
270
2,700
29%
12%
40 Vb
20%
*
11
*29 Vs
$5
Co
Grand
19%
*90
com
M S &
25 Va
*10%
20
17
•
Range for Previous
preferred
Granby Consol
91
*30
Oct
Jan
81
No par
500
5%
25
91
16
100
Motors
91
91
5
No par
Graham-Paige
25 Va
19
100
com
com
31,900
92
.
Goodrich
2,900
19%
5%
6Va
10,800
98
*19%
25 %
19
20
No par
Brewing Co
1
Gold A Stock
Telegraph Co____100
Goodall-Sanford Inc
10
100
44
98
DAY
6
33 VA
100'/a
42%
CHRISTMAS
-
91
19
No par
—
common
(The)
conv
23%
*
Dec
Nov v
1
34% Dec
YORK
Brothers
Glidden Co
57'/4
19%
1
Goebel
23
99%
38
15
109
May 19
18 Va,
'
Dec I
4
21
18% Jan
23% Dec
10c
No par
$4 50 preferred
1,000
56%
98
1
7%
:
Nov
23
May 19
32
Par
3,300
.
23%
*19%
43 V4 Feb
7
Apr
138
STOCK
EXCHANGE
52 Va
5%
57 %
19 %
34
24%
*51%
51/8
23%
96
4
21'
19
100
Gimbel
52%
119
*98%
NEW
500
56
45 VA
Jan
26
5
prelerred
13,200
86
23%
19%
6%
'
57
44%
29%
23
No par
Corp
Corp com
Instr
21%
20 Va
85
23%
45%
Sep
8
100
Corp
Gillette Safety Razor
$5 conv preferred
24%
5%
*114
99%
17
9% Feb
124% Dec
100
14,500
400
55%
95%
6%
33%
23%
99%
24
22
100
Utilities
95
24%
*51%
6
119
22 V» Dec
Jan
8
No par
Shares
56%
100
19 Va
5%
24%
52 V2
5%
119
97
*6
*51%
6
24%
17
26
28
Co
Telephone
Time
Apr
Nov
Sep
No par
No par
No par
Sep
14%
Nov 25
102
10%
3
37
—10
com
23
15% May
11% Jan
71
10c
Signal
&
the Week
*92
88
t
Jun
July
STOCKS
1 per share
93
24%
v.-i
3%%
Dec. 26
1 per share
93
21
27% May
48 V
112
21
100
Refractories
Sales for
93
87
Feb
Jan
Oct
Apr 17
11
Corp_
4% % preferred
Tire <fc Ruooer Co
4%% preferred
90
Friday
Dec. 25
22%
Sep
17
10% Oct
21
PRICES
90
NOV
'•
Jan
Sep
_50
.
Cement
utilities
Realty
n.—.
80
92%
25
370.
Gen
99
25%
*86
92%
22
Nov
1 (
Jan
'
18%
48
43
series
Gei.
share
16
08
28
35%
61 (
.
2
100
—1
common
17% Feb
18
preferred
General
.
uNo par
General Shoe Corp
Gen Steel Cast $6
pfd
5,300
*95
80
per
49%
Sep
Sep
45% Sep
28%
Jun t
Fee
23% May
100
Apr
Oct
Nov
2
Jun
!
21 V«
25%
20%
lg
Jab
f
16
com
Equip
Railway
Gen
92%
*88
Jan
29
Sep
19%
"
20%
.
Jan
71
Apr
17 Va Feb
8
Service
ruoiie
6%
900
93
24%
80
3,300
34
89
Gen
231/4
33%
22 %
1,900
27%
33%
*99%
*32 Vb
share
Corp
Adv
Public
23
Dec. 24
11%
l'l2 Va
f
(
Jan t
1
24
12% May
14% May
4% July
26% Aug
14% May
10% May
11% Jun
—
preferred—
Preferred $3.75
Precision
1,200
32
6
19%
per
22
lb
No par
No par
corn-
$5
Gen Outdoor
^icij
12,300
1,200
32
119
*94 Va
1
Motors
Gen
27%
31%
6
44%
share
General
27
Wednesday
<
io
39
26
£
preferred
Gen
30%
31 Va
*114
23%
per
conv
1,500
127
120
Corp
7,800
23
5
2o%
*72
SALE
17
reo
Jun
57
Jan
..—100
-preferred-
33,600
3
12%
30
89
HIGH
Aug 28
25% Jan
fl
50% Feb 10
6
—5
preferred
General Portland
27
99
89
*75
1 per share
2nd
Foods
3%%
23%
*95
Oct
16%. Sep
20% Oct
101% Mar 10
12
No par
com
preferred
conv
5%
8% Dec
Dec
Corp—
Corp
$3.50
preferred
General Instrument
Corp
General Mills common
27%
23%
99
28% JUiJ
115
33%
26% Jan
•
70% May /»■
46%
Sep
I
15%
5% May 17
No par
2,000
15%
*125%
122
27
?•>%
*95
19%
22%
30
118
2,500
1,500
*2%
28
30
105
6
24
4
9% Oct
154
Dec
par
1,100
15%
5'/a
28
30
27,500
95%
12%
12'/
28
58%
12* %
15 Va
23%
*1*0-4
30 V2
27%
23%
1st
.<
4%
1,100
*19%
12%
20
117%
4%
170
100%
15
3
J°%
125%
95
15%
3
1°%
28
31
117%
*95
'
121/4
1,000
57 Va
96
15%
3
5%
i*
95%
48%
121
20
96%
400
100
15%
19 Va
1,000
11%
*123%
122 Va
1.91/8
88!
48
49
13%
10
11%
126
122
138
*87
58
48 %
125
15%
127'/2
260
1,600
1,300
100
preferred
General Bronze
39V4
50
Trahsportation——5
$4.25 pfd series A
No par
Geneim Baking—
5
General Cable
78 %
i
common—1.66%
Investors com—1
Amer
1,500
•2i%
com—,—1
$4.50 preferred
Gerer»)
4,500
*133
102
57%
*
19 VB
*125%
4%
American
11%
38 Va
Inc
preferred—
Container
General
$8
23%
11%
57%
3
conv
Gaylord
12V4
*77 Va
88
100%
3 1/4
4%%
Industries
General
£6%
*3
Wood
15,400
11%
Oct
•
3
1R%Jun
No par
30,300
58%
*/4
Gar
Co
35V8
102%
li>
Gardner-Denver
351/4
11%
18% Dec
77% Dec
No par
34%
102
15%
(The)
34%-
96%
15'/a
2,300
Co
35%
125
96
Gamewell
35 Va
12
Nov
04% Jan
7
110
July 24
\ 32% Dec 22
12
34 VS Mar u i
:
Nov
16
25%
40% Dec
23% May 23
20
34%
87%
*
>
May 20
36% May 19 \
/ 11% Nov 21
1
common
preferred.;—
34%.
88
52
15
17% Jan
i 12 %
(Robert) com——1
34%
87%
Dec
3
2t
110% Feb 25
13
19 Va May 17
100
35
124%
122%
10
34%
"
126%
123
100 1
10%
155
(The)
11%
23%
49
57%
1,200
Co
12.
138
*48%
58'/4
No par
General Cigar Co Inc com—No
par
7%
preferred
100
General Electric Co
No
138
49%
105
6Vr
500
57%
102
*152
39 %
23%
142
*125
125
♦122%
•
101
57%
11%
%
Jan i
41% Jan
May 17
91
.——25
,
preferred
Gair Co Inc
1,000
5,100
13,900
14Vs
101.
77 %
1
5,000
20%
12%
7
35%
89
48%
57%
12 Ve
78%
35
89
*48V4
*102%
12%
♦138
34%
11%
125
12%
500
5%
102
To'/a
78%
-
22%
24%
15%
156
*11%
109%
105%
Sep
39% Oct
69% May t7
10
34%
142
34%
'
To'/a
♦150
900
29 V»
57%
11%
23%
*138
1
10%
156
14%
5%
Gabriel
'
300
29
14 Va
57%
1,700
5,400
20
22%
103
xll%
12%
77%
39%
23%
142
10 Va
12%
12 'A
41
*23%
57%
♦150
77%
77%
*138
10%
I2V4
12%
*77
57
Apr i
Dee
7
62% Dec
May 29
9
—
510
8%
*14
21%
137/a
102
_10
common
Co
Feb
83%
18/
14% Jan
1/
—100
Froedtert Grain A
Malting Co Inc-1
Fruehauf Trailer Co common
1
-7 ,oi<}
9
'
8%
*19%
29
20%
14%
102
:
6
29
21
14
156
•
'
22%
57/a
29
102
57V4
22%
6
20%
14%
101
10
22%
29
21
14%
101
14 Va
.
5%
29%
14%
8%
8%
•20%
14
;
6% prior preferred
Franrtsco Sugar Co
.70
Nov
19%
G
9 %
8%
*19%
20 '/a :
*22%
6
20%
14
102
9 Va
9
*19%
29
20%
13%
9%
8%
•<
.19%
5%
29 %
20 Va
9%
1
22
5%
*100
9%
9VaJ
19%
13
1
Corp
18
lo
conv
-
19%
No par
Corp
pfd
cum
Dec
Oct
51
May 19
13
49.
21
21 v4 Jan
10 V
7%
4
2c
Feb
107% Aug
May 19
Dec
it
26 % Jan
14% May 27
99
<
I per share
61
51% May 20
24
,
Highest
I per share
09 v« t ea
16
30
Inc
Foster-Wheeler
>*300
•
■•*'"2*%■, 22 ja
y.'-yW-,. \8G, :
No par
Sep
No par
1,500
"
104
No par
2,400
*25%'- 25%
v--;i4V'-- 1'4%
.:-:4^%7. 41%
12%.
r
CLOSED
25
100
preferred--,
26% Feb
20% May 20-'
46% May 27 A
42%Jun
5
—10
Power Corp
Florshelm Shoe class A
"ollansbee Steel Corp.:
v
14%';
Y
com
Stores—
4,000
-42 Va
N
Year 1946
Lowest
S per share
20 Va May 17
,
Range for Previous
I
Highest
f
t per share.
1
Florida
12,400
81%
'93
5
Florence Stove Cp
4,700
,100
.10%.
•
'10%
81%
93
H2%
21%:
S 80
79
22%
.
-
* *
257/a
*11%
221/8
-
13%
Mfg Co
Corp
National
$4
t
800
31%
>:?41%
''
13%
Lowest
..
(The) Carpet Co
No par
Flintkote Co (The) common—No
par
20
•
34%'
•-
Range Since January
-
Firth
4,800
,
Tarrant
Enamel
First
2,200
•
102
A
Firestone Tire & Rubber
4% % prelerred
1,000
16%
37%
36%
93
v
13%
42
12%
21%.
i
80
r
13%
40%
.
16%
STOCK
Fidelity Phen Fire Ins
f
100'
'
10 Va
*25%
•
.
57 Va
*10,VB
37%
81
•
31 %
257/8
2,600
4,400
22
-
93
*25%
14%
40
10
93
31v2
56%
49%
104%
;;
13%
81.v
31%
•
Ferro
56%
38>/4
36%
IOV4
-80.
400
341/4
*21%
'■ 38 'A
.
10..
79%
>
22
4j%
102
13%
22
Felt
*103%
,
81
*25%
*11%
&
•
>
34'/4
13%
*21 Va
*80
95
,'39%
34%
500
56
YORK
EXCHANGE
-
Par
21
50%
'
Shares
20%
56>/!t
102
13%
13%
*93
38
102
13%
23
36%
37%
*34
« per share
16%
*100%
34
$ per share
104%
16%
■
; j
5
58
37%
33%
.
<16% V16%
•
NEW
•
*21 Va
57'/4
101'/a
*100%
.
••
Sales (or
the Week
/ Dec. 26
21
>.
♦104
57%
17
RECORD
STOCKS
•'i'vPrldar
Dec. 25
211/4
49'/4
104%
57%
16%
37
101%
33
50
*104
58'/a
16%
x
49%
104'/a
58%
37
"100
50%
*104
...
Thursday
share
per
*21
*21
"
Dec. 24
share
per
STOCK
PRICES
Wednesday
21 %
56
.80
HIGH
Dec. 23
211/2
*21
..
AND
Tuesday
Dec. 22
«
YORK
.
105% Dec
18
COMMERCIAL
THE
(2674)
HEW YORK
SALE
Saturday
Monday
Dec. 22
Dec. 28
8 per share
*50
140%
143
171/4
497/a
*142
171/4
53V2
17
53V2
T26V2
127
*31
'119
52'A
*126 V2
32
121
31
1191/2
4934
49%
143
143
50
t per share
share
143
17
16%
17%
52%
52
53'/2
*126 Va
127
v
127
Dec. 36
t per share
49%
142
16%
16%
16%
53
53
52 Va
•m120
Sates for
49%
1,000
.
,
common----
25
/non-cuni'preierred-l
i.„100
Helme
(G W)
140
16%
1,900
Hercules
53%
4,200
Hercules Powder/common——No par
5%
preferred-———100
10
300
119
210
7%
Hershey Chocolate com_„_—No par
$4
28
28
27
500
12%
13 1/4
13 Va
13%
13'A
13%
13%
13%
13%
14
10,200
30 »/4
30
30
29V4
291/4
*29%
30
29
29
400
Hmde & Datich Paper Co
*25%
26%
*25
28%
26
*28
*28
28V3
28%
26%
25%
26'A
26 %
*25%
26V2
*251/2
26
*24%
25%
*15 3,4
16%
*15%
16%
*15%
16%
25%
25
X27
Hotels Corp
400
Hires
25%
800
Holland
*15%
16%
26
25%
25
*15%
Hilton
16%
18%
Co
(C
The—
E>
Furnace
Hollander & Sons
1,400
20
20
Holly Sugar Corp_
38'/4
37%
38
37Va
38%
37%
38%
37%
38%
6,100
Homestake Mining
33%
33%
34
34»/4
35
35 %
35%
35%
3,100
Hooker Electrochemical Co__
17%
18
17%
173/4
17%
17%
17%
17%
17%
35%
17%
2,400
*44
45
44
443/4
45
45
45
45
45
45
7C0
Houaaille-Hershey com_
$2.25 " preferred—-
*32
32%
32 Va
32%
32%
33
32%
33%
34
34
1,200
*89
91
*86
19VZ
88
403/4
28 Va
20%
21
34'/2
35 Va
4%
403/4
40%
80
Household
3%%
Finance
89
40%
40%
41
41
28
28%
27%
28%
21%
21%
21%
1,700
Howard Stores
34
34
34%
2,700
1,000
Howe
300
5 %
27%
28% V
213/8
21%
21 VB
21%
*21
35%
34V4
35%
34
4%
9%
2,200
12,500
Oil
of
Feb
63
134
Oct 23
Sep
5
134
10% Jun 23
14
Dec
26
26
Jun 11
22% Apr 17
33
Dec
2
X29 Va Nov
12
21%
Sep
41%
31 '/4, Jan
a
22%
Oct
37%
18
Dec
40
118
20
Sound
Corp_
4%
4%
4%
9%
9%
9%
37%
37
37%
37%
37%
36 Va
37
2,900
21%
21 Va
21%
20%
21-/8
CLOSED
20%
21
23,400
18%
18 Va
18 Va
18
18%
CHRISTMAS
17%
2,800
4%
4%
4%
9,400
Hupp
34
34
33%
34%
34%
1,600
28%
37V4
37
20%
21%
21
IS Va
18 Va
18%
4%
4%
4%
4%
4%
DAY
28 Va
29%
34%
34%
*33%
30%
31%
63%
3u^a
31 %
38,300
62%
62 %
800
29%
28 %
30%
*60
61
*60%
62
62
63
*95%
98
*95%
98
*23%
24%
24%
24%
24%
24%
24%
10%
10%
22%
14%
49%
10%
10%
11
11%
11
22%
22%
22%
22%
22
15
14%
14%
22%
14
*48%
*126%
169
49%
129
*165
*14%
127%
*165
*95%
50
98
62%
*95%
22%
50
50
*125
128
168%
*162
167
40%
40
40 Va
40
17
16%
17
17 Va
102
*102
14%
128
40%
102
21%
14%
50
16%
*6%
11
*163
39%
*44%
10%
*125
16%
6%
1,090
169
40%
45%
25
6%
7
45%
6%
44%
45
*49
6%
5,000
234
1,000
IntT
Business
88
4,400
Int'l
Harvester
14%
13%
234%
235%
233
233%
87%
232
87%
232
88%
234
168
164
167
163
88
168%
87
167
168 %
87%
87
87%
164
620
Preferred
168%
165%
7%
33 %
6%
7
7
6'%
6%
9,300
IntT
32 %
33
33
33
32 Va
32Va
900
Int'l
*78
81
79
79
78
78
76
76
*76'%
82
300
4Va
6%
41/4
26%
4
27
55
55V4
96%
97
11'A
11
106
*53%
3%
27%
136%
55
96%
*16%
*105
4
26%
136 %
136 Va
105
4
26%
136
55%
27%
136
55 %
98
56%
97%
11
97 Va
10%
105%
*105
11
106
6%
*3%
26%
96
10%
1,700
10%
700
105%
180
53%
53%
54%
54%
44%
44%
44%
44%
44%
44%
55%
55%
55
55 %
55%
*56'A
58.
1,200
*35 Va
36%
35
35%
* 35
35
34
57
34%
*31
34
1,800
12%
*53
54%
*53
53%
44%
12%
13
41,400
12%
12%
12%
12%
12%
13
3.3C0
Foreign
21
20%
21%
20%
21
1,000
*24V2
25'/2
*25
25%
25
*24%
25%
*24%
65
65
147
v
*145
25
65%
*63
147
*145
LOW
64%
147
AND
HIGH
Saturday
Monday
Tuesday
Dec. 20
.Dec. &2
Dec. 23
# per share
| per share
I per
share
*63%
64%
*63
*145
SALE
12%
13
*140
147
Dec. 24
44%
Apr
Oct
45%
Jan
Oct
85
.
Jan
93
97
Aug 22
Dec 24
87
Sep
99%
Apr
14%
Oct
37% Jail
6%
Oct
16 Va
23
11%
Sep
36
Sep
22%
Jan 21
26
$6
Creek
-
25
July 17
Apr
19
50
Oct
21
33%
Sep
44%
17% Nov
26
13%
Sep
22%
_1
6% Sep 30
35% May 17
8 Va Feb
8
7ya
Sep
101
3
No par
No par
100
100
15
com
100
No par
Dec
42
50
8
108
May 19
7
9
Mar 21
t per share
I per share
Aug
112
105
5%
Dec
10 Va
Oct
246
163
95
Nov
20
July 14
Jun
Feb
13%
20%
May
May
Feb
Feb
Jan
250
Jun
66 %
Nov
102
Jun
175%
Dec
202
Apr
6%
195
26
186% Jun
12
May 19
10% Feb
11
Oct
15%
Apr
22 % May 19
34% Oct
22
27
Sep
45
Jun
76
96
29
90 %
Dec
101
6
Dec
3% Dec
25% Dec
24
5
Jan
5% Feb
8
4
36% Feb
8
9
137% Dec
19
38% May 19
59% Oct
22
130% July
94% Dec
4'%
28 Va
133
Oct
Oct
Aug
38%
Sep
95%
Oct
16
Feb
18
11%
Nov
116
Feb
20
101 %
Sep
107 Va Sep
26
9
May 19
104% May 16
46% Apr 23
12
Aug
11% Feb
42 7A
148
55%
113
Feb
Feb
Dec
Aug
26 Va May
125
70 Va
July
July
5
52%
Dec
5
36
Sep
Oct
49%
Jan
40 % May 19
63% Oct
28
39%
Nov
60 Va
Aug
25
Stores
32
40
Feb
7
37
Dec
42 Va
Aug
37% Jan
Jun
58% Feb
45
2
26
9% May 17
19
1
common
1
14
May 17
38% May 20
143% Jan
YORK
31%
Feb
11
17% Feb
20
Apr
14% Nov
17% Feb
11
14%
Nov
31%
Feb
26% Feb
27% Oct
9% May 17
No par
No par
Coal
NEW
the Week
Dec. 26
59
15% July 24
Feb
Jun
Aug
11% May
35% Nov
11
9% May 19
192 % Apr 29
70
Jan 13
Dec
Jan
Jan
25
No par
common
preferred
Sales for
Friday
Thursday
54
Jan
May
151% Jnk
190
12 Va May 19
Telep & Teleg—No par
share ctfs
No par
Island
IT
33
Shoe
500
30% Jan
-
20
No par
Paper Co
64 3A
11% pee 23
Oct
common
Dept
Intertype Corp
147
16
Sep
Machine
200
-Jan
36
No par
25%
15
11
23 %
Dec
50
Apr
20%
Dec
34% July
39%
Dec
50
Aug
Deo
163
Jun
3
69% Nov
25
158
2
Aug
1
STOCKS
Dec. 25
I per share
Sep
18%
41
116
——
PRICES
Wednesday
31%
23
Rubber
Interstate
12%
1
24
168% Mar
International
12
X20%
12%
39% Aug
63% Oct
May 19
18
preferred
12%
Jun
22
Copper
International Silver
21%
10%
31 % Dec
No par
100
International
12%
Sep
21
International Salt
*21%
6%
18% May *19
37% May 21
30
com
700
12%
a
No par
200
22'/4
49% Jun
7% Feb
3% May 20
Dec
preferred
22 %
34% Mar
Oct
180% Feb
1
Int'l Nickel of Canada com__No par
Preferred
100
*12%
Oct
136% Oct
International Mining Corp
7 %
Sep
14%
25%
18
preferred
5%
33
2
Dec
$4 preferred
No par
IntT Rys of Cent Amer com__No par
943A
10%
941/4
3
15
Jan
30
May 27
International
*104%
11'/a
21% Oct
12 % May 19
15% May 23
3
169
Hydro-Electric Sys class A—25
Mining & Chem common
5
4fo
5
Apr
July
43% Feb
May 14
33
28
107
i
7,400
96 %
10%
13% Mar
—No par
55%
44%
64%
45% May
54%
54%
*145
Jan
170
55%
105
105
1,600
30,900
44
12 V2
Jan
25
137%
54 %
12%
123/s
Dec
*1353/4
137
55%
4
27
4
4
26%
26%
*135%
54%
*43%
Feb
Oct
7% Feb
May 19
3
7% May 16
100
Corp
preferred-
4%%
33 Va
136%
60'A
Insuranshares Ctfs Inc
33
6%
Jun
30
47
:
Intefchemical
33
6%
111%
Oct
Oct
20
Interlake Iron
14%
Dec
14%
Oct
100
Co
.14
14%
89%
22
30%
_100
common
Intercontinental
14
3
30
28% Dec
24%
preferred-—
50
14%
87%
Ingersoll-Rand
3,100
14%
105 % Sep
45% Jun
Industrial Rayon
3%
14%
19
Dec
1,600
3%
3%
oun
49%
103%
103%
Apr
35Vs
21 % Dec ,6
12% Jan 14
x35 % May 20
*102
*102 '
3%
82 Va
Sep
Industrla Electrica De Mex, S A—
800
3%
Nov
27
Indianapolis Power & Light—No par
1,200
103%
46
6
1,900
7 3/8
*3%
red
Jan
21
3,800
44%
103%
28%
Feb;;5
^
Inspiration Consol
3%
Oct
1
Oct
14%
Inland Steel
103%
12%
Feb
Feb
22
2,200
3%
236
RR stock, ctfs
5,300
3%
66
29
4%
16 3/4
3%
*233
lines
40Va
14%
34 V* May
Sep
19 '/a
7% May 19
*6%
Sep
34%
24
38% Mar 28
100
preferred series A
44
45
22
13
I
16%
6%
*43%
2d
Jun
31% May 19
Illinois Central RR Co common—100
6%
Jan
48
20 % May 19
^.1
40
17%
2d
36
5
300
Apr
Jun
May
56
Illinois-Terminal RR Co
125
May
11
7,200
167
*43
22
'—1000
125
39i/a May
*
Dec
series A
*162
Nov
26
1
Corp—
Leased
25
127%
16%
*6%
98
26
11%
*14%
49%
40%
*45
*95%
98
Oct
22
4
85
Hudson Bay Mln & Sm Ltd—No par
Motor Car„—___No par
Foods Inc
-6.66%
6%
Jan
37% May 21
16% Jan 16
Hudson
v
34
146 Va
25
No par
C—
Idaho Power Co„;
37
Nov
—5
t
preferred—
non-cum
5
Apr
123
Sep
2o% Jan
Hunt
5
18
4%
10
Apr
139
35% Dec
19
44
Hudson & Manhattan common—100
4V4
10%
*4 Vb
4Va
10
72%
Jan
25
20% Oct 20
28
13 V* May
50
:
—
Co
*10
4Va
11
31
v
Nov
Sep
130
Sep
29% Jan
17
May 19
35% Jan 23
30
46%
Mar 21
38
21% May 20
14% May 28
5
5
'Jan
'Aug
38% Jan
9
50% Sep
com—_No par
Texas
192
1%% Nov
-126% Dec 16
29% Dec 10
.
—No par
Houston Light & Power..—
Houston
Dec
8
preferred———.—100
89
40%
28%
27%
17%
18%
18%
35V4
4%
*10V4
89
40%
*■'
91
*86
88
40 %
27%
19»/4
19
20
90
169%
22
—12.50
33%
Oct
Jan
,-10
38
61
y4 Feb
-5
(A)
29
22
5
(Del)
Highest
t per share
Jan
68
165
-
Lowest
t per share
18
-5
—10,
1
.
.
-..14% May 17
No par
—5
prererred—
Hewitt-Robins
Inc—
conv
*29 Va
28 %
140% Dec
Year 1946
•
I per share
49 % Nov 26
——_No par
Motors-
Range Since January 1
Lowest
Highest
$ per share
Par
143%
32
118%
YORK STOCK
"'EXCHANGE.
/'
Shares
127
120
947
Mon<|ay^
Range for Previous
NEW
the Week
*31
31
121
^
STOCK: RECORD
*125
126%
126 »/2
32
\
tper share
143
143
*119
120
Friday
49%
49%
*31
31'A
CHRONICLE
STOCKS
Thursday
Dec. 25
Dec. 2i
1 per share
t per share
50%
FINANCIAL
PRICES
Wednesday
Tuesday
Dec. 20
&
141
Range for Previous
STOCK
Year 1946
Range Since January 1
Lowest
Highest
EXCHANGE
Shares
Par
$ per share
Lowest
$ per share
t per share
Highest
$ per share
J
9%
9%
*19%
*83'%
9%
84%
10
9Va
*19%
20
20
*19'A
84%
43
43
*42%
*95
97
*95
41
41%
111
41
111
28%
110%
28%
"100
102
151
151
34
*27%
9%
9%
9%
20
*19
*84%
85
*84%
86
44%
*43%
3,700
20
85%
84 Va
85%
431/4
44
43
97
95 Va
95%
95%
95%
95%
95%
70
40 V2
41 Va
40%
41
40 Va
40%
9,900
*108%
112
111%
28%
110'A
.
*27%
111
28 %
44%
*27%
*108
28%
*100
102
100
100
*147%
153
151
151
151
27%
151
34%
34%
*98
*147%
34 7/8
34 3A
35
CLOSED
90
87%
88%
88
88
87%
88
CHRISTMAS
39%
39%
40
40'A
39 7 a
40
39%
40
DAY
16
16
16%
16%
16%
16%
16
16%
*93
94
*93
94
94
94
27%
33%
29%
*86%
45
112
27%
102
152
34%
Jacobs
(F I)
1
Co
400
600
400
90
70
13,000
88%
500
39
39%
3,000
16
16
Tea
3%%
Co
Inc
39% May 20
com
cumulative
13% Feb 14
24% July 28
lo
19 % Dec 17
80% Dec 17
No par
Jersey Cent Pwr & Lt 4%
Jewel
6% Jun
pfd—100
Jaeger .Machine Co common—No par
380
41%
102
34%
9%
*19'/4
*100
34%
*89
9%
2.0
preferred—-100
Johns Manville Corp com
95
Dec
104% Feb
53
104% Sep
2
11
24% Sep
29
98
Dec
10
119.
145
Dec
4%
2nd preferred series A—-100
Joliet & Chicago RR
Jones &
5%
37
Jun
125 Va Oct
59% May
16
Apr
May
115%
Feb
140'
Mar
150
*Feb
Dec
20'
39
Feb
8
87
31% Nov
53% Feb
99
Sep
108
May
40% Oct
20
18%
Oct
34
Apr
22% Feb
10
17% Oct
3*
May
101%'Feb 18-
10
3
Jun
153
i
151
Dec
Sep
109
8
25% Jan
111
11
27% May 1?
1
NOV
Jan
July
Jan
100
preference series A—
Joy Manufacturing Co
45 %
24 Va
108
34% July 28
par
stamped—100
Laughlin Steel com—No
Deo
Dec
16
108% Dec
—
8%
100
2
46% Oct
No par
100
preferred
2
H
Johnson & Johnson common—12%
3%%.
Jan
4
4
K
900
Kalamazoo Stove & Furniture——10
14
City Power & Lt Co— ' J
preferred
100
94
Dec 26
16
47%
13%
20%
May 17
29 V2 Dec
May 19
May 19
58% July 24
Nov
17
May 17
20% Feb
8
2
21% Oct
15
May 17
Apr 15
Kansas
94
*93
28
28
28%
28
29%
28%
51 %
51%
52%
52%
52%
52%
*52%
*16%
16%
16%
16%
16%
16%
*23%
24%
24
24
16%
*23%
23%
*23%
18%
19%
20
20%
47%
48
20
20%
20
*90
92%
40
28%
700
16%
1,900
4% non-cum preferred
.—100
Kayser (Julius) & Co———.
5
23%
200
Kelsey Hayes Wheel conv class A__l
20%
20
52%
23%
16%
24%
29
52%
*16%
55
20%
2,200
9,300
47%
48%
47%
47%
47%
48%
*42%
48%
43%
13,200
*42%
43%
*42 Va
43%
42%
42%
42 Va
42 Va
300
22%
22%
22%
22%
22%
22%
22%
22%
22%
22%
103%
103%
103%
103%
103
47%
-
103
*15
15%
14%
15
*14
15
*13%
14%
*13%
72
14%
*70%
70%
71
70
70%
*70
71%
*70
72
34
34
34%
34
34
34%
34% '
95
95
94
95
94
94
92
93
37%
37%
38%
38%
38%
38%
38%
34
*103
*49%
50
49%
49%
49%
49%
*49%
*46%
47
46%
46%
46 Va
46%
46%
5
4%
4%
5
4%
4%
4%
104
3.8%
*103
104
34
34%
1,800
270
200
60
1.80Q
*91
91%
110
38%
38
38%
1,900
50
50
50
46%
46%
46%
1,400
1,100
5
Kansas
City Southern com—No par
Class
B
—
Kennecott
Copper—
No par
Keystone.Steel &,Wire Co—No par
Kimberly-Clark
com—No par
4% conv 2nd preferred100
Kinney (G R) Co common—
1
$5 prior preferred—_——No par
Koppers Co Inc common——;—10
Cumulative preferred 4% ser__100
Kresge (S S) Co
10
Kress (S H) & Co——No par
Kroger Co (The).
-No par
5
9%
9%
9%
9%
6,900
9%
9%
9
9%
21%
21 Va
21%
21 Va
1,900
21%
21
21%
21
21%
11 Va
10%
4,000
Lambert
11'/a
10 Va
lli/a
1034
11%
10%
10%
*49
50 %
2,600
Lane
*49
44
10%
10%
10%
10%
38%
38%
38%
5%
5%
5%
5%
2
2
40
*25%
20%
20
6%
.
20
493A
11
11
2
2
»/a
40
*251/4
20%
*20
*6'/2
2 Va
40
21
6%
*6%
6%
49V4
.
6 3/4
49»A
10%
49%
49
50
11%
103A
10%
—
For footnotes see page 24
,'/•
/*> .C.,—
Lees
96%
38%
2
600
*95%
10%
*25%
300
26
96'%
33
5%
45
*95i/2
36'
5%
50
26
96%
//;*
*
V
•-
10%
*38
5%
2
*25%
19%
*95%
10%
38 3A
5%
2
40
20
6%
96%
10%
37%
37%
4,500
700
5%
5%
3,400
2
2,800
2
*25%
40
19%
19%
10%
11
49%
11
(James)
1,300
400
^ onri
3,200
& Sons Co com——_3
cumulative preferred
100
Lehig'h Coal & Navigation Co—,-10
3.85%
10%
►
6%
X 49'A
10%
—4
pfd—75 Pesos Mex
(The)——No par
25%
*25%
*95%
Light Co_^
*43%
44%
261/4
96%
Co
*49
43%
26V4
*49
Gas
44%
50%
*42 3A
*26%
Laclede
50
*49
44
26%
*95 Va
■/■;
9%
Bryant, •common———No par
4%% preferred——50
Lee Rubber & Tire——i:_X5
51
43
10 Va
i:
4%
9
27
43
26%
»■
Corp
La Consolid 6%
21%
11
Lt
—1
Lehigh Portland Cement
25
Lehigh Valley RR—
50
Lehigh Valley Coal com
1
Non-cumulative preferred
50
$3 non-cum 1st preferred—No par
50c non-cum 2nd pfd
No par
—
T.pbmnn
Torn
Lehn & Fink
/The)
Prod
_1
Corp.——
^5
13% Jan
41%
39
22Va
103
11%
108% Mar
18.
52 Va Jan
13
13
116% Feb
13
20
Feb
85
Jan
38 Va Oct
7
6'
16
102 % Aug
40
Dec 24
Jan 16
Jun
3
40'A Apr 29
5
Oct 22
59
92
34
45
Feb
4
52% Oct' 21
4% May 19
10
May 20
49% Jun 19
38
May 15
21 % May 19
95
Dec 12
9% May 20
30% Jun lo
4% May 17
1% May 19
2
27% Feb
65% Jun 17
25
May 19
Dec ,24
20 Va Dec 11
23
49% Feb
Dec 17
Dec 20
May 20
9
5
7
'
Feb
3
Jan . 9
Jan 31
14% Feb
8
50
Feb
8
56% Feb 13
30% Feb
4
14
44
Apr
2
12 Va Feb 13
44% Jan
9
8% Feb
7
3% Feb 11
14% May 19
5% Jun 17
25% Feb 13
9% Feb 11
i9
50% Feb 10
24
Jan
6
38Va May
10Va Dec
9
40%
Jun
Sep
67
Jun
15
Dec
26 Va
19%
Sep
11% Nov.
41
32%
Sep
Jan
21% Nov
108% Dec
15% Feb
Feb
34% Jan
30.
Jan
60%
Apr
55
May
30% Aug
108% Dec
29
Jun
82
Dec
100
Aug
26%
Oct
48
Jun
96
Dec
101
33
NOV
43
Sep
43% Oct
5%
Sep
Sep
45% May'
62% May
65% May
9%
11% Dec
14%
38
68
Sep
13% Nov
52
Dec
49
Sep
Jan
Oct
May
20% Sep
102% Apr
82
Apr
101
—
—
18% Oct
45
10% Nov
34% Sep
6% Sep
2%
Oct
49%
Jan
18%
Nov
17% Jan
55% May
17%
Jan
5%
Jan
64
6%
Oct
Apr
38% May
15% Apr
41 %
Oct
65%
21%
Oct
33
Jun
May
>■
Volume 166' Number 4659
COMMERCIAL &. FINANCIAL
CHRONICLE
THE
LOW
Saturday
Monday
Dec. 2Q
I
,Ucc. 22
share
oer
AND
I
share
18%
18%
$
56%
56%
55%
56%
56
9%
9%
9 V4
9%
9
37
86%
*38%
57
56'/a
37%
*173 %
*36%
9%
37%
89%
89%
175
17o%
41%
39
39
10%
11
10%
$ per share
18
170
40%
40%
103/4
10%
10%
60
60
60
603/4
61
34%
35
*60 5/e
343%
35
34%
22%
34%
34%
22
22%
21%
20 3/4
10%
34%
21
40%
10%
61%
21
21
79%
14%
79%
793/4
80
793/4
80
80
14%
14%
14%
14%
143/8
14
19%
19%
67%
19%
68%
♦24%
19%
20
:'143
143
>2
22
*22
42%
43%
♦26%
♦95%
98
41%
♦132%
137
52%
98
101%
12%
♦9%
9%
9%
9%
24%
6%
6%
20%
20%
6%
7
3/4
6%
15%
15%
*15%
15%
2o%
25%
25%
25%
6
101%
100%
15%
14%
19
19%
57%
58
24%
24 %
99
99
19%
19%
58%
58 %
14%
20
24%
59%
59%
24
23%
235/a
23%
34
♦175
33%
33%
177%
*175
41
177%
*175
177%
41%
41
89
41%
41
89
41%
88%
89
89%
90
87%
90
87
87
C3
86
85
85
86
10%
10%
43
83%
103/4
*42%
113%
36%
37
37%
*27
*112
113%
37%
27
27
27%
27%
27
85
86
86%
82
26
26
26
42%
26%
42%
26
42%
500
8,200
4,600
Manhattan Shirt
Maracaibo Gil Exploration
6%
Marathon
7,100
24%
Marine
350
Market
99
7,500
St
Ry
Marshall Field
120
4
% Vo
&
Co
14%
12,200
19%
1.100
60
Masonite
1,100
Master Electric
33
900
7%
89
4,500
*83
85%
1,600
44
*112
$3.75 cum pfd
170
10%
10%
*42%
$3.40
cum
Mavtag Co
300
$3
1,400
McCall
27
27%
1,400
McCrory
83%
84%
320
42%
,42%
800
™
McGraw
*24
94
94
20%
20%
20%
23%
18%
24%
*87%
42
100
23%
23%
23%
17%
15%
42 3/4
42 3/4
*43
51%
513/4
52
89%
87%
87%
*88
41
*41 %
100%
143/4
Djc. 550
16
46%
47%
48%
47'/4
43 %
138%
14%
S
per
48
*137%
14%
share
*99
Thursday
Friday
t per share
15%
12-/8
12-4
12
55%
54
55
89
88%
67 %
67
53%
54%
4%
4%
16%
14%
*119%
101
121
14%
119
50%
53%
51%
533/4
4%
4%
4%
163/4
17%
163/4
44%
44
42 %
10%
60%
60%
120
120
*25
59%
120
27
*25
60%
120
60 %
*120
56%
55%
5 6 3/4
55%
56
16%
16%
16%
16%
16%
16%
543/4
CHRISTMAS
DAY
15%
26%
26%
13%
*261/4
13%
133/8
24%
20%
20%
24%
20 %
20%
20%
19%
20%
19%
19%
20%
20%
20
19%
25%
*13%
*36%
*107%
16%
*40
%
*55%
13%
36%
109
16%
41%
56
'245/s
-105
255/8
106%
*13%
13%
25%
*105
25%
106%
13%
13%
37
37
*107%
1083/4
16%
*107%
108%
16%
163/4
16%
41%
16%
41%
*41
42
57
*55
56
17%
18%
18%
18%
23%
18%
22 %
22%
26 3/4
27%
22%
26%
23%
27%
9%
9%
8%
95/8
8%
103/a
103/4
10%
10%
♦12%
*33%
31%
168
23%
9
*41%
8%
13%
12%
27
8%
•36%
*55
26%
8%
10%
12%
335/8
12%
12
12%
12
34
33%
33%
33%
33%
30%
31
233/4
*169
172
23
23
9%
42
For footnotes
*22%
8%
9
8%
'41%
42
41%
8%
13%
30%
169
8%
8%
133/8
13%
see
page 24
8
13%
31
169%
24
9
41%
8%
13%
31
23
2
26% Nov
45%
Feb
12%
20
Oct
30%
Jun
48
Sep
75
Apr
20
35% Nov
Sep
Sep
24%
49% Feb
Jan
204 %
Nov
45%
8
38% May
Sep
195
Jan 23
Feb
103
25
70
May
112% May
97% Mar 11'
Deo
Nov
Nov
97
93%
Deo
3
9'A
Oct
17
Jun
Jan
4
45%
Sep
55
May
Jan
4
111
Jun
118
Mar
48% Jan 23
42
Sep
71
Apr
83% Feb 21
25
Oct
43
May
102%
Dec
1?2
30
23%
Sep
Sep
Sep
6
Mar 20
•
113
May 26
35
Mar 14
24
107% Feb
7
45% Oct
16
May 17
46 % May
9
30% May 19
32
Feb
56% Feb
44
,
1
8
Jan
105% Feb
20
17% May 20
21% Dec 15
31% Feb
23% Oct
44
6
26
28
92
Dec
16% May 19
883/4 Jun 23
Apt
46% May
48%
Apr
69
Jan
56%
39% Nov
Jun
Dec
21
20
NOV
35%
Apr
8
25% Feb
102
22
Oct
36
Jun
18%
Sep
30%
Apr
105% Feb 11
103
108% Mar
107% Aug
Feb
5
43%
Sep
Oct
20
May 20
25% Jan
7
20%
Oct
26%
16
May 19
24% Jan
6
18
Oct
35%
Jun
73
Feb
8
61
Nov
105 '/a
Jun
19% Jan
28
42% Dec
50
50
55% May 17
13% May 20
3%
No par
41
1
Mar 21
86
Dec
18% Deo
Nov
32% July
52% Apr
3
65% Jan
17
10
54
Sep
Sep
3
97
Dec
39%
Oct
77
May
110% July
61% Jun
Nov
113%
103% Mar
35% May 21
97% Dec
9
pfd_100
57% Aug
47% Jan
43% May 19
No par
3.90%
19
47% Jan
30
111% Aug 18
36%
104
Apr
41 %.
56
$4
Ry
No par
pfd
100
Louis
SS
M
A
vtc
conv
Moline
Mission
Impl
1
7
No par
Mo-Kan-Texas
9,500
RR
com
16%
1,600
7% preferred series A
Mohawk Carpet Mills
2,300
Mojud
Hosiery
Co
200
$3.25
preferred
A
5
No par
Ward & Co
No parMoore-McCormack Lines new com_5
15%
15%
26%
100
13%
13%
1,800
Motorola
24 %
24'/a
1,500
Motor
Products
20%
20%
1,400
Motor
Wheel
3,200
Morrell
(John)
&
Co
No par
Inc
19%
2,100
Mueller
25
25%
3,600
Corp
Corp
Mullins
105
105
13%
13%
37
37-/-
10
*108
108%
'
600
1
5,900
*41%;
42%
300
*55
56
i
'•*;
Co
1
1
No par:
Munsingwear Inc
5;
Murphy Co (G C) common——i<■
16%
16%
$7
1,300
<•<
Brass
Mfg Co class B
preferred—
4%%
preferred—;
Murray-Corp of America
4%-/:preferredi_——
Myers (F E)
&
—100
>
com__—10
Bros
__50 ft
—No par
Deo
Oct
68%
105 %
Dec
40%
Apr
60
4
8%
Oct
18% May
Sep
Sep
Deo
129
Mar
44
May
Feb
3
17%
Jan
7
19
Oct
62
Jan
2
42
Dec
70
13% Feb
14
32
5% Oct
11% Dec
Apr
23% July
Feb
17
28%
3
43%
Sep
128% Feb
4
111%
Sep
135%
64% Feb
17% Dec
26% Dec
8
57%
Deo
104% May
17
15%
Oct
34% Jan
19
Oct
36
25
Dec
45
64
May
Mar 28
27% Oct 20
*
Apr
Dec
Jun
2
14% Nov
3
27% Oct 20
27% Feb
3
Apr
2
28
119% July
63% Feb
35
9% May 17T
100
8
May 29^
bo% jun 16
14
20
20
Apr
25% Feb
51% Jan
10
Mar 26
Oct
56% Oct
9% May 19
May 19
19% May 19
14.
Dec
123
13
l73/4 May 19
14% May 19
103% May 26
7
15
May 16
-37% Jan
July
14%
26% Mar
26
17
-
.45
173
Oct
25
Mfiy 19
15% Dec 18
108
9%
70 % Dec
49
5
Oct
10% Nov
Feb
102 % Dec
26
% May 17
110% May 16
No par-
140
12
18%
45% May
62% Jan
16
49
3
r
19%
6
ftar
Oct
Highest
$ per share
26
8
May 19
23% Sep
8
24
Nov
15% Nov
3% May 19
1.25
Feb
32
r
14% Feb 24
11% May 19
32% May 19
No par
10%
31%
24
156
May 19
Jan
5
23
45 % Nov
28% Mar 11
20
Montgomery
26 %
Dec
100
com
series
18% Ma
$ per share
66% Jan
114% Feb
Np par
——
Inc
Monarch Machine Tool
Monsanto Chemical Co
11,600
104
10
10%
.
100
com
Dec
51% Apr
No par
42%
55%
88
Lowest
48% Dec
6% May 19
47% May 27
100
Corp
5,900
100
12% May 19
Apr 30
29% May 19
156
Mar
6
10% May 19
.No par
Power
$ per share
33
3
com
pfd series A
Highest
$ per share
No par
$6.50 preferred
20,400
4%
&
10
No par
preferred
Minn
320
53%
P
Year 1946
Lowest
Minn Min & Mfg
140
10,600
120
St
3.20%
5,700
>■
Range Since January 1
com
Minn-Honeywell Regul
1,500
14%
54
Range for Previous
STOCK
14% Sep
22%
107% Mar 14
15% Nov 13
102
Oct
13% Sep
109%
40% Feb
/ •; 112
Jan
10
32%
Oct
29
108%
Jun
9%
Oct
Jun
Feb
27% Aug
49
*
May
114% Jan
22
Jan
16% Dec
22
44% Feb
13
33% Nov
55%
Feb
56
Jan
29
50
70
Jun
19% Feb
7
•
>
Dec
N
18
23%
31%
174
37
70%
100
61
13%
16%
18%
660
26
106%
363/4
*22%
103/a
13%
108%
*26%
10%
*105
36%
*55
88%
124
24%
"107%
41%
Minn
26
25%
25%
106%
6
190
24
5
Prod
1st
Minneap & St
61
20
*105
Apr
9
Jan
112% Mar
1
Petroleum
Steel
cum
1.100
*120
20%
20
,
57%
100 Vo Aug 25
Dec
common
16%
13%
24%
Jan
Nov
1
10%
26%
13%
24%
24%
20%
30%
35% May 19
50
41%
16%
*26%
13%
245/a
*26 %
8%
3,800
4%
55%
13%
27
Midland
20
3,500
52%
27
24%
Mid-Continent
1,200
14
*117
61
124
24
♦26%
♦13%
11% Oct
13
8
24
5
12%
14%
10 34
55%
6,600
43%
68
43%
10%
10%
Feb
11
106
82
Miami Copper
47
100
CLOSED
17%
*43%
26%
il%
14% Nov
Par
55%
4%
10%
44
10%
Sep
Deo
18
Jun
;
1081^
10O
YORK
88
100%
14%
119
Jan
3%
50 *
EXCHANGE
12%
67
100%
14%
26%
46% May
24% Oct
7% May 19
10
Transp Co
NEW
55%
89
175/a
*25
60%
101
5
16%
10%
121%
51%
4 %
44
27
15
121
50
17%
44
101%
145/8
120
Oct
Nov
*109
34
11'
Dec
88% Dec
1
Edison
1,600
138
14
12%
54%
88%
Apr
Jan
12%
63 % Jan
May 17
39 % May 19
No par
Shares
15%
47
14%
13
55
67%
Sep
Aug
16%
~7%
111% July
18% July 23
% May 27
5
Mesta Machine Co
Sales for
43%
89%
626
Oct
26
1
34% Feb
17%
17
16% Dec
Jan
30% May
Jun
8%
22
14% May 19
39% Mav 1.7
No par
preferred
Metropolitan
7
24
common
Inc
cum
the Week
*137%
67%
410
Dec. 26
$ per share
43%
88'/a
Co
$3.50
620
STOCKS
48%
12%
101
100 %
1371/2
67%
&
200
1,200
43%
67%
Merck
86%
137%
141/4
Min
1,200
51%
&
2
Dec
14
com___18
1st preferred
Stores Co Inc
Merch
10
8% Feb
1
Inc
Dec
12% Jan
27% Feb
175
Co
(The)
Mercantile
500
9
May 19
22 % May 19
99
Dec 23
100
preferred
Shoe Corp
conv
Nov
14
2nd
5%
*17%
31/2 Jan
No par
Co
Robbins
200
41%
43%
14%
43%
51%
138 %
54%
15
4,000
*85%
16
12%
101%
14%
;•'"
*40
Dec. 25
53%
121
170
4%
May
Apr
76%
65
PRICES
$ per share
90
14%
56%
*43%
100%
Dec. 24
48
119%
Mengel Co
14%
52
Wednesday
47
14 3/8
60%
Dec. 23
16
43%
♦119
Tuesday
SALE
16%
*137%
10
HIGH
99%
16%
14%
♦25
100%
16%
138%
♦1C1%
Melville
1,900
56%
87
16%
14%
67%
500
2,500
17%
111%
195% May 28
6% Mav 20
100
Corp common
4%%
preferred
23%
Oct
4
Mc-Quay Norris Mfg Co
42%
Nov
18
1'
Mead
60
17%
41
16%
♦42%
12 "2
51%
87
40%
share
137 %
53%
52
89
400
3,500
37%
106%
14 % Feb
Co
Pub
&
7
32% Feb
com
preferred
42% May
Jun
160
Mar 28
19
•
Corp
Stores
23%
15
41%
Jab
Oct
19
No par
preferred——
42%
44
$ per
47%
43%
♦88%
1434
44
AND
.Dec. 22
share
94
58V4
14%
100%
Monday
57%
45
41%
LOW
per
22
20%
17%
44
100%
*21
$4
McLellan
Sep
Dec
9% Dec
42
Electric
McKesson
600
1,400
*19%
2334
18%
58%
4,800
92
20
*93
43
18%
15
100%
43
58%
15%
Saturday
I
43
18%
*58%
42
51
22
94
"
33%
-
92
20
20
60
18%
60
51
*42%
'32%
94
20%
22 %
24%
18%
14%
33%
93%
203/8
22%
17
May 17
?6
94%
20%
*42%
30%
38%
41% Jan
111
11
94%
*58%
*
6
Dec
McGraw-Hill
221%
*Jun
455
Mclntyre Porcupine Mines
43
Feb
43% May
108
July
Sep
Deo
Dec
1,000
20%
32
140
21
Sep
85
3,200
23
22
Oct
13%
No par
Stores
conv
Nov
Apr 21
16%
82
Corp
3%%
41
12%
No par
No par
,}St„ cum pfd
37%
Mar 12
Nov
1947 series-.No par
pfd
26%
*42%
Sep
1
5
common
47%
22
14
Jan
72 V*
Deo
1
No par
47
20
97
101% Aug 22
26% Oct 14
Jan
Aug
32%
Oct
6
No par
preferred
113%
37%
423/4
*93
31%
Nov
18% Aug
common
*26
19%
45%
20%
15% Feb
100
Dept Stores
$3.75 preferred
1,350
com
preferred
47 %
22'%
7
14
21 % Mar
No par
26%
93
24
Feb
29% Oct
Jap
Apr
May
juq:
197
Sep
14
No par
1
Co
33%
19%
53
24%
28
No par
Corp
26
93
31
11% Dec
1
47
19%
Deo
29 % Jan
35
:■
Nov
166
i63/4 Apr
Co
May
390
88
L)
Mathieson Alkali Wks
177%
40%
(Glenn
47%
94
Oct
x20
29
H3/4 May 19
1
Martin-Parry Corp
2,100
23%
Martin
26
19%
Dec
17%
3
Jan
60
100
333/4
*93
21% Jan
172
152
preferred
•16 3 4
20%
16
22% Dec
pfd_,
33 %
42%
94
5 ■' /
24
5
com
47%
94
Jan
26
5
34%
42%
64
79% Feb
28% Oct
13% May 17
6.25
Corp
6% prior
47
*20%
Aug
45%
41
No par
Corp
33%
*93
Apr.;
12Q
Deo
NOV
34
Midland
48
95
Deo
18%
25%
1
34
20%
99/
20
13 ■*?
4I3/4 May 19
30% May 19
99% Dec 19
Co
33%
*94%
4
Feb
Feb
50
Sugar
Bros
48
*22%
Jan
20
134
Co
Manati
15.%-
85
86
42%
43%
l
Mandel
89
27'%
86
42%
Not
109% Fgb
10
No par
21
33
37%
85
42%
26
100
200
40%
113'%
27%
85
*42
23 Va
27
10
A
1,400
•-
*175
10%
37%
fS
9
10
59%
44
*112
38%
6~6~
15/
96
No par
No par
Garden
23%
33%
10%
42%
65%
Oct
35% Dec
39% Dec
4
17% May 19
l
100
com
series
Square
19
85%
10%
42%
pfd
14%
41%
*84
103/a
425/s
*112
36%
85
10%
113%
37% Dep
43
30% Jan
58% May 19
12% Mav 19
„.50
Jan
May
14
"9
Magma Copper
23%
178%
42 %
43
112
4% %
Madison
Magnavox Co (The)
Mahoning Coal RR
99
86%
*W%
Aug 29
26
100
1,400
6%
90
87
*87
33%
40 %
210% Mar
12% Oct
26
com
7
20%
23%
34
*175
Deo
37%
18% Dec
——10
25
*15
59%
24
33%
24%
♦33
Forbes
1,900
6%
20
&
19
*24
14%
20
19%
58%
"
183
61 % Dec
21% Dec
Trucks Inc
115/il
9%
99%
14%
500
9
24%
99
14%
191% July 25
X48
4
17% Apr
138% Dec
preferred
Macy (R H) Co Inc
100
9%
1^%
MacAndrews
3,400
12%
9
%
24%
15%
102
14
—100
Co———
Mack
520
6%
*]<;
500
102
18%
21
6 3/4
]c %
Steel
2,600
343/4
11%
7
20%
6%
%
24
Lukens
6%
*450
9%
7
21%
63/4
1 =
101%
14%
7
20%
39%
12%
9 3/4
24 %
24%
7
20%
1,200
52%
*100%
12
9
Sep
Dec
A__No par
com
Apr
83
10% May 17
common—ifo
(F>. Co
15%
Oct
2
19% May 17
1
Louisville & Nashville—i.—.
Lowenstein (M) & Sons Inc
4%% cum pfd series A
137
34%
520
*9%
23%
52%
18%
11 %
9%
24%
6%
30
12%
*450
9%
*93/g
20%
♦99
12
520
24%
25
6%
li%
*450
9%
1,900
23%
104
12%
12
25%
97%
36
18%
520
25%
39%
35 %
12%
Oct
28%
Apr
79% Dec
No par
7% preferred-—;
Louisville Gas & Electric
7,400
*131%
36%
18
Lorillard
500
42%
40
12%
Nov
10
241/4 AuS 25
—N° Par
Lone. Star Cement Corp.—-No
par
Long Bell Lumber A
-No par
70
22 V8
*95%
137
*109 %
'
42%
52%
103
43
3
28
44 % May
14% Jan
«
M
52%
17%
9
9%
♦24
*38%
*132%
10
•
t per share
21% Nov
10
com—No par
CorP
s
8
11
Mav 19
.
Feb
59% Feb
May 16
Highest
I per share
47
100
f'S?66? Alrcraft
Inc
25
170
N°V 13
331/4 May 27
No par
Preferred
u
Loew
600
day
.
25
N° P8r
No par
Corp
lirSJSaSSrT~^"
Corp
r
8
100
r
6,700
closed
96% Jan
com
May 17
.
22
christmas
523/a
13
xl2
9%
96
24i%
18%
*450
520
26%
96
23%
40%
*101
17%
26%
137
52%
26
*121/4
3.700
25%
43%
98
*132%
36 3/4
13
20,200
600
19%* 19%
138% 139
22%
24%
49
52%
101%
19%
66%
*25
140
42%
27
2^%
40%
137
140
*22
42 %•
*95%
243/4
36
18
12%
142%
22%
26
17%
♦9
*
142
27%
♦12%
♦450
20%
43
52%
35%
101%
♦99%
19%
22%
*132'%
52 %
351/4
20%
431/2
40%
12,500
18%
25%
221/2
24%
1,000
14
66
66%
25%
143
*95%
5,000
79%.
13%
19%
66%
261/2
24%
♦40%
18%
67%
25%
20%
42%
26%
24
19%
66%
25
203/4
201/4
147
19
19%
68
*24%
21%
79%
78
„!^a"fiWilt°n
tX£ Sn
2,000
80
25
67
25
61%.
34%
Apr
40% Oct
7
Hl^Tnano'-T;
Lima SlmSlP
^1P
11,900
61%
34%
29 % Ma' 15
17
5
V
Liggett & Myers Tobacco
500
21
14%
1
260
*39%
Year 1946
S per share
463/4 May21
Libby
2,600
170
■
# per share
Lowest
n™5?V£rtCorPm
1,200
89
Range for Previoua
Range Since January 1
Lowest
Highest
Sr Stores Corp_
No par
H£5f,ycor? £lass—No par
y McNeill &
7,700
37%
87%
173
172
9%
*36
,■"/
STOCK
EXCHANGE
Par
2,700
2,600
56%
9%
37
89%
41
NEW YORK
Shares
18%
55%
9%
36%
STOCKS
Sales for
the Week
S per share
56%
88
61
RECORD
„
18%
9%
173 %
*40 %
U
10%
18%
Friday
Dec. 26
Dec. 25
share
per
183/a
90%
36;%
88r
87%
175
18%
Thursday
Dec. 24
$
STOCK
PRICES
Wednesday
share
per
18%
♦36
SALE
•,
Dec. 23
per
18%
175
HIGH
Tuesday
YORK
30%
*164
*23%
8%
42%
8
13%
ia
(2675)
.
NEW
18%
24
27
9%
10%
12
33%
31
168%
24
8%
42%
8%
13%
17%
18
23%
26%
26%
8%
10%
18,100
23%
8%
10%
12
12
*33
34
30%
*165
*23%
31%
168%
24
900
-
1,200
6,800
Nash-Kelvinator
Nashville
National
1,700
National Aviation Corp
National Battery Co
400
3,700
7%
400
Automotive Fibres
National Biscuit
Nat
Inc
Bond
&
4,800
National
8%
5,700
Nat
Share
National Can
2,900
Cash
28%
Jan
29% Feb 13
23
Oct
62%
Jan
May 19
30
27
Sep
41% May
34% Jan %
20% May
12
16% Jan
6
6
13
14% Nov
1
9»/8Mayl9
Feb
7
10% May 19
16% Feb
21
13%
14
10
Sep
Corp____No
Dec
28%
24
Jan
13
34
Dec
18
20%
Oct-
34%
Apr
27
Jan
13
34% Feb
15
25%
Oct
170
Nov
7
par
_10
187
Jun
21% Jun 10
8% May 19
26% Feb
33
27
13
180
22%
Nov
Oct
Co
:
37% May
205'A Apr
32%
Apr
13% Feb
7
Nov
21%
Feb
May 19
42% Dec
24
31
Nov
45%
Jan
1
Register
-
Jan
4
100
Corp
Container
8 % Dec
Jan
10
common
City Lines Inc
National
May 19
May 24
Oct
19
5
preferred—
8%
7,000
Co
14
21
1
3,400
'
42%
13%
Louis
Natipnal Airlines
8%
13
5~
100
1
St
National Acme Co
42%
8
Corp
Chatt &
8
Dec
23
14% Jan
7
13
Oct
1
13
24% Aug
Dec
26
15% Oct
15
-R
-r-r
--
No par *
9%
.—
-
'*
»«.imnnniT:i i r1 ii*
5i:s the commercial
YORK
NEW
LOW
HIGH
AND
;'W;;'DeC. 20
Ijwi/wri
14%
-.Tuesday
Monday
«Dec. 22
s
pir share
t
14%
Dec. 24
14
28%
28
17%
18
17%
20%
21
20%,
21
28 Va
16%
17%
16%
21 %
20%
21%
*46%
19%
99
99
34'%
34
34
170
170
*168%
140%
*140
19
*7%
92%
92%
*25%
26%
22%
22%
23
95%
94
94%
23%
*137%
138%
50
7%
*7%
7%
700
7%
7%
17%
*23%
24
15
I7V2
90%
91
■
12%
12%
25%
25 Va
25 Va
23%
23
23 Va
11%
18 Va
18 Va
24
*
123/4
11%
12%
12%
500
18%
18 Va
14%
15%
14%
14%
143/4
143/4
106 Va
*105'A
106 Va
105%
105 %
*104
32%
32%
*31
*07'/a
98
98
99 Va
31 Va
31%
32
32
*97>/a
99 Va
*£8
99
14 Va
&
Cast
Lt
&
Co—
Nehi
Jersey Pr & Lt Co 4%
3%%
95 Va
42 Va
43%
43 Va
44%
44 %
44%
43%
44%
5,400
Newmont Mining
24%
247/a
24%
24%
24%
25
25%
25%
2,200
Newport Industries common
*87%
88
*87%
24 Va
Va
y
Corp
90
21%
21%
21%
21%
21%
21%
21%
21%
21%
2,200
38 Va
39 Va
39 Va
39'/a
40%
40%
39 Va
39%
4,000
New
14%
14%
14%
14%
14 Va
15
14%
15
14%
14%
61,700
New
York
Central
46
48
45 Va
47
46%
47 Va
46%
47%
45
46%
4,000
N
Chic
& St
128
130
129 Va
130
'•132
131
130 Va
14
14
13%
13% v
*21
22%
21
21
'54%
*45
543/4
*45
14%
21
21
*48
55
♦48
55
*48
*215
240
*215
240
*215
240
21
22
21%
22
-
22%
21 Va
87 Va
f87%
86%
15%
15%
15%
22 Va
*210
240
*215
i'84
84
:
86
87
85%
15%
15%
15%
15%
83
85
85
*85Va
853/4
15%
*23%
24%
24
24
*23Va
24%
*23%
'
Va;
24 Va
Nor "oik
North
American
American
Aviation.:
Ry com
Northern Central Ry Co
85 V4
87
27%
27%
27%
27%
23,800
Northern Natural Ga$ Co new
21%
22%
21%
21%
19,300
Northern
7,800
21%
21%
21%
5,200
343/4
34%
34 Va
210
Northwestern
6%
700
Norwalk
Tire
&
12%
12 Va
600
Norwich
Pharmacal
7Va
12%
12%
123/a
6V2
7
*6%
7
12
123/4
12%
,
*12
27%
28%
28
27%
27%
96%
93%
96
93Va
93%
92%
931%
93 %
93%
33Va
34
33%
35%
33%
34%
32%
33%
35,000
*18%
19
18%
18%
*18%
19
18%
18%
700
27%
26%
26%
26%
27%
97
96%
97
96%
97
28 Va
27'/a
19
*99
:
20%:
■
v
96%
,96%
«
9%
100
28
27
■27%
96 Va
9%
27
99
.
20%
32 ye
153%
99
99
99
*98 %
21
86
*84
20%
20%
20%
*20'A
32
32%
31%
321/4
31%
♦152
154%
•73'
74
•74
21%
21%
f
■
*21%
*84
86
♦21%
73%
■f
86
*84
400
32
3,700
100
21%
300
Otis
6%
73%
2,300
5
26% Nov
17:
16 Va Dec
26
pfd
85% Dec
25
LOW
AND
HIGH
Saturday
y
Monday
Tuesday
Dec. 2®
.DCC; 22
Dec. 23
9 per share
9 per share
=
I per share
v
SALE
Dec. 24
$ per share
< per share
Jan
1
17
Aug 20
19% Aug 20
22% Apr
25% Oct
2
18% NOT
56%
Jan
33
45% Jen
f
13% Feb 11
44
Oct
55%
Jan
9
NOT
18% Feb
16% Deo
A
Dec
11
Jun
12
6% Dec
6
8
16% Oct
96%
6
Dec
10
27
Dec
22
9
30%
24
111% Feb
18
108%
Apr
14
35% Dec
23
19%
Jun
Feb
18% Dec
8
21
Sep
18%
21
38
6
Jan
22
July 23
27% Dec 19
May
37% Not
112
Jan
29% July
22% Jun
Not
36
Jun
17
99%
Oct
*119%
Jan
13% Feb
4
10 Va
Not
17%
Jan
Feb
6
30
28% Feb
18
25 '►
May 19
33% Feb
18
26 :.; Oct
17% May 17
95
Dec
86
7
May
15% Sep
24
Feb
107
8
7% May
100
19% May
25
Sep
92% Dec
_6
104% Not
Deo
12
118
7
*113
120
Sep
Feb
51% May
39% Feb
Deo
24
163% Jan
18
19% May 15
28% Feb
8
19%
Dec
180% May
35
Jun
84
Aug 28
93
Jan
4
66% Oct
111% May
12.50
68
Nov
80
July 25
69% NOT
100
Mfg
149% Oct
2.50
'! T"
28
158
Range Since January 1
Highest
t per share
Par
Year 1946
-
Lowest
-
-
Apr
Range for Previous
EXCHANGE
Shares
Sep
••
STOCKS
•
NtiW YORK STOCK
f per share
36
115% Jan. 11
102% Feb
100
&
Bales for
Dec. 26
May
No par
Marine
the Week
Friday
Thursday
Dec. 25, *
Apr
16% Feb
117
26
83
100
Owens-Illinois Glass Co
PRICES
Wednesday
39%
Deo
Jan
22% Feb
•>
•,
9%
111
30% Nov
No par
Co
"
17
Oct
6
lo
common
23
Dec
23%
13 Va May 19
No par
.
common
preferred
10% Feb
; 72% May
41% Sep
-
30% Sep 17
33% Jan
T
«% May 16
20
preferred
(The)
-
20
16
8
preferred
Outboard
Outlet
25% Oct
2.50
4%
common
Elevator
100% Aug 19
64'/a Nov
100
Elec
convertible
24
53 % Jan
No par
Co
convertible
Corp
May
Feb
25
Oppenheim Collins
88
72%
73
72%
74
21%
21%
*84
8 %
Rubbe;
&
Dec
6
No par
Corp
4%%
Feb
37%
50
Co common
Gas
1
Sep 29
12
common—10
Co
Omnibus
153%
*150
152
151
21%
86
74%
Oliver
1,800
20%
20%
Oil
Oklahoma
30
Int
preferred
4.40V.
Ohio
2,100
99
1541/2
*152
21
27
9%
32%
♦84
2,000
gpi/o
9%
20%
32
♦152
26V4
*95%
9%
9%
9%
♦98
99
*20V4
32
9%
9%
9Va
4;
28%
Airlines
cumulative
Ohio Edison
400
33 Va
4.6%
Mar
>
13
20
preferred
Telegraph—
7
*18 Va
Northwest
12%
21%
34%
♦12
32
pfd $3.60 series
21%
12
Jun
135
17
33% Dec
(Minn)—
No par
34%
12%
16
SO
56% Dec
100
21%
12%
10'i
Feb
25% Sep
23% Nov
50
Pacific Ry
22
34%
*6%
24
82
1
35%
13
85% Dec
290
25
Co
Norfh
21%
29
10
12,200
12%
21
10% May 21
„
100
Adjustment preferred
Cum
Nov
153/„ Nov
25
11,100
Western
&
Aug
62% Jan
4
8'/a
*34%
28
230
Nopco Chemical Co
Northern States Pwr Co
*94 Va
19
Noblitt-Sparks Industries new—2.50
1,000
370
Sep
28% Feb
3,800
83
79
Dec
cumulative preferred
16%
83
61 Va May
52
pfd—100
8%
84%
Sep
Corp—
16 Va
*83
Jan
Jan
26
26
sloes.—_1
panic
& Gas
8%
85
35%
113% Mar
Elec
17%
84%
Oct
Deo
coxy
State
8%
85
13%
11% Not
Light 3.90%
1
16%
w-'
3
133
100
8Va
84
Apr
69 Va
50
Y
$3.75
70
Jun
34%
Oct
May 19
A
17%
*
109%
Nov
36%
11 Va May 19
19
Apr 19
1
17%
8%
88
Oct
18%
ir
102
Co
series
*25Va
*86
95%
20
Hart RR Co—
*"'<
26%
27%
22%
3
Oct
325
rr.
Hav &
26%
85%
Feb
26
46% Feb
Jun
HaHfm
26%
21%
102
270
A'
*26%
27
Jun
76
36%
85%
Apr
45
Oct
58%
21%
50
Sep
53%
36%
28
Oct
Oct
27
1
58
88
17
S2'/» t oo
3
37%
21%
113
30%
I
44% Dec 26
No par
preferred
non-cum
59
27 Va
110% May
Dec
7
41% May
37%
*85%
Not
106
24
Oct
58%
:
103%
Nov
ley* Dec
37
9
13
21%
59
17%
43 Va May
4
36%
8%
109% Aug
Nov
104
24
58%
17%
106
8
x87% Dec
Deo
25%
Feb
108% Jan
3o% May zv
22 % Dec
Sep
22
Dec
16%
10
July 25
Dec
Y New
400
24
23
No par
common
37%
26
38
13
Mar ti
107
20% Feb
com
59%
27
18% Feb
Feb
15
32% Jan
80
Dock
Co
58%
*26%
18% Oct
17
100
Louis
N
300
24% Feb
11'/a Dec 26
No par
*36%
-
Sep
No par
Y
440
24 Va May
Not
10Va
preferred series A
York
Brake
N Y Power &
2,200
42 Va May
15
p
850
15%"
86
82%
82
84
82
83
15%
-
21%'Oct
Dec
Air
N
88
•
106 Va Mar
24
14%
6
Jan
Nov
10
13
Dec
25
Dec
•
Apr
Not
13% Jun 13
17
Feb
98
1
25%
38
11%
17% Feb
95 % Dec
101% July
89
29% Jan
9
2% Sep
Sep
75
4
Dec
■
b
Feb
41%
Oct
1% Aug
Nov 20
50
N
4,700
21%
20%
2
Apr
10% Aug
18% May 19
$5
240
21 Va
31
July
173
100
N
22%
Jan
1% Jan
28
207
Not
City Omnibus Corp
Y
54%
6%
22% Feb
New
200
7
No par
6%
N
1,0C0
8% Apr
*149
-
Apt
173/3 jun
9
32 Va May 19
12
May 17
York
Y
1,300
14%
22 Va
14%
21
-
133
*131
133
14%
"*19'/a
13%
*20
13%
90
28
Sep
100
4%%
preferred
Newport News Ship & Dry Dock
38%
90
Deo
Oct
Jan
100
1
38 Va
*87%
178
190% Sep 15'
28'/a Nov
—10
*21 Va
90
Sep
40%
167
Mar 18
105
pfd—100
*87Va
*87%
27
12 Va Dec
20
11%
41
Jan
1
20% May 20
100
11%
95 Va
24 Va
Jun
108%
18% May 19
13 ya May 29
preferred
England Elec System
New
33%
Oct
24
1
New
Oct
102 Va
23% Dec
Neisner Bros Inc common
10
16%
15
36"% Dec
8
No par
30
Jan
2
Feb
18
11
Corp
18,100
67%
16
88
1
11%
31% not
107
23
No par
93Va
97
18
10
Co
Co
98 Va
11 %
32% Aug
28% Jan
com
12
*93
19% Not
21% May 17
12% May 19
_100
11 Va
97
Jun
3
No par
96 Va
*94
Apr
34%
95
4%%
conv serial preferred—100
Newberry Co (J J) common—No par
10
600
Aug
45 V»
Oct
30
;
743/4 May 26
10
Fibre
23
Sep
15% not
'
25
Co
Vulcanized
Dec
15% Dec
}g Dec
No pp<r
pershark
0
15
Jan]
25 Va Jan
20
6% Jan
No par
ex-dist
Steel
Tea
140
#
48% Dec
168% Dec 19
1
V;-' ;v/
Highest
1946
share
23% Oct
.100
100
4 per
17% Feb 21
25% May 20
Corp
11%
41%
'
par
__10
B
98 Va
11%
*96
98% Dec
common
Service
Stl
Power
Natl
900
32
Mai
Natomas
1,900
10b Va
*96
11%
11%
18%
Co
Linen
National
2,700
11%
*105 V4
32
17% May 19
30% May 26
14% May 19
No par
-
Corp
National Sugar Ref Co
National^ Supply (The) Pa
4*2%
preferred
30
*11%
DAY
Lead
National
200
.%
*14%
*31%
No par
1
&
preferred
Natl
14,000
24 :v
*2
CHRISTMAS
11 %
18%
18%
Va
20% Jan
preferred A
Nat
2,900
%
93
*91
CLOSED
12%
11%
18 Va
14% May 19
No par
Prod
6%
14,i00
93
17%"
li!1
Enam
National
900
23 Va
12%
11%
38
5
•
Year
Lowest
i per share
$ per share
;
13V* May 16
26% Dec
8
Products-—No
7%
;
1,800
25%-
:
17%
%
91%
*23%
11'/a
15
40
%
24
12%
106
<
170
93
18%
*105%
168 %
91%
94
*93
12%
18%
*
17%
r
%.
92%
; 26%
23 Va
23%
,43
92%
*25%
Dairy
National
8,500
138%
,v
26%
*23 Va
34%
171
11 %
12%
*11
>
13
.
92%
.
120
*137%
-
7%
Cylinder Gas Co—±1
Stamping
National Gypsum Co com
$4.50 conv preferred
5.100
*168%
23%
*94%
23 %
34%
34%
34
>".•/'
99
*97
99
140
18
26%
Distillers
Nat
19
18%
19 %
18%
♦97%
•
17%
17%
92%
:
National
170%
v';v li
■
Dept Stores
34%
170%
7%
U
National
47
*45
47%
*
7%
2,700
140
7%
17%
%
17%
'99
34
141
National
.
Range Since Jatfuaty l
Lowest
Highest
\
y
...
19%
*97%
171
140%
34%
National
17
20%
>
;
'Par
:--V
"9,300.
?
27%
Range for Previous
EXCHANGE
•
<3.406.
f
20%: 21%
48
*19%
19%
19%
98% y 98%
?
14 Va'
27%
17%
>
•/
515,700
17%
28
;
>-
Shares
shark
I?
■
♦45%
9 per
4 per share
27%
17%
.48
the Week
27 Va
.28%
RECORD
&-;&i^W-;lFOBK' STOCK
Sales for
Dec. 26
14%
13%
.
MOttdafo Decembfcf-29^
'stocks
Friday
Thursday
i Dec. 25
♦45%;- 47%
28%
*45
•
I per fShara
share
per
14*
14%
14
Wednesday'
••
-Dec. 23
STOCK
PRICES
SALE
-
Saturday
& financial chronicle
Lowest.
$ per share
$ per
•->.
share
.
.«-■
#'./>.
Highest'
I per share
P
♦14
14%
14%
13
*12%
13
*12%
13
*66%
68
*66 %
68
39%
39%
J5-
12%
66%
66'A
*39%
40
*39%
35%
36
93%
93%
138
4%
*39%
40
39%
39%
35
x337/a
34%
52
51%
51%
51%
52
9,700
1,200
36%
36%
36%
35
35
36
93
93%
93
93
93
93
♦138
140
138
138
138
5%
.
138
5%
49
5%
x46
49.
5%
9 Va
;'lst
*16%
17%
17%
4%
5 Va
4'/e
5
Lva
87/e
8%
8%
17%
*16%
17%
17%
*17
Pacific
MilkL.—
570
Pacific Telep & Teleg common—100
190
6,200
11,400
closed
4%
:
Packard
200
—
Jan
11 "
138
100
1'
10
11
Dec
No par
Airways Corp
2%
Petrol & Transp—5
8% Dec
6
13
May 13
Pan-American
Car
•
24- Deo
48
18
36%
Oct
47% Jun
Jan 11
Feb 19
Jan
2
Feb
8
Feb 13
59% Oct 26
7% Feb 13
14% Feb 21
18
July 18
54%
Sep
67%
Feb'
1
62%
89%
129%
168 '
7
25% May 19
x89%Dec
.
25% July
86% Mar
43% Jan
3
26
3% May 16
21%.Jan, 10
4% Dec
5
Motor
American
80
Oct 17
46% Oct 17
16'
Jan
,
19% Jan
Deo
Not
Sep 24
19
50 V2 Nov 29
No par
——
preferred
Pan
17%
No par
;
Pacific Tin Consolidated Corp.
90,400
8%
*17
6%
Corp.;
Pacific. Western Oil Corp.
36,300
5
8%
day
Lighting
5%
christmas
50
24
x33% Dec
,
Oct
12%
49
10
May 28
9% May 19 *
25
Pacific
47%
5%
47
10
preferred non-cum
No par
preferred non-cum——No par
2nd
Pacific Gas & Electric
800
51%
*343/4
48%
9
t 8%
51
5%
48%
5'/a
5
8%
•
138
6
40
5
10
Pacific Coast Co common
30
34%
46
<
70
Pacific Amer Fisheries Inc
30
35%
138
5%
54%
13
71
34%
93
5%
12 V4
*68%
68
68
200
93%
52
54
13
*12%
14
*13
*
»
51%
138
14
35%
34%
35%
>
*13%
'
35%.,
51
>
14
14
14%
:
.
10%
28%
Oct
122%
Oct
164
Deo
5:
t
Oct
18% Not;'".
<
Mar
Jun
48
Apr
160% Jun
181% July
11% Feb
34%
Oct.
Apr
12% Feb:
11%
Deo
27
Jan
13
Oct
20%
Apr
37%
Jan
56%
5%
•
.J
53
54
8%
55
54
54%
54%
97%
*96
54%
96
96
96
96
94%
8%
71%
71
8%
*71%
♦99%
100%
21%
22 Ve
8%
8 Va
72%
8%
8%
*71%
75
71%
100
*99%
101
*99%
22
100
21%
21%
21%
21%
■
54
96
8%
55
*93
54%
96
*70
71'/a
99%
21
21%
26,600
400
100
210
34,900
21%
41%
41%
2%
% 2%
2%
2%
2%
2%
2%
2%
2%
2%
337/a
-.
180
8 Va
73%
8%
101
4,500
34 Va
34%
34%
34%
34%
34 %
-34 %
34%
34 %
29%
29%
29%
*28%
■
.
30
41%
41%
40%
30
*28%,
*29
41%
>
40%
40%
40%
*29
40%
1,100
v.':.'/:*'-*- -;:vV-
^
Cos
Paraffine
4%
common__No par
Inc
convertible
preferred
Paramount Pictures
Inc———
30
—1
37
Parker Rust Proof Co
Davis
&
Co
No par
Sep
Dec
4
Deo
100
4%
56
Dec
Sep
105%
Oct
Jan
2
27%
Oct
4
62
Not
6
Jan
9
34% Feb 21"
.337/8 Dec 20
28% May 20
—2.50
Nov 12
Mar 24
Feb 7
Feb 15
July 8
63% Jan
4% Jan
8
2
1
1
moo
<•
Utah
100
1;
Consolidated Mines
Park & Tilford Inc
Park
Parke
A/V.i/.'.
' V
••
40% Jan 13
55
94% Dec 24 * '109 V
5% Jan 13
9%
58% Jun 10
79%
99
Dec 19
109
19% Dec
5
32%
Pipe L com—No par
4% preferred
;
100
Panhandle Prod & Refining
1
2,200
i
'
•
Panhandle East
5,400
:
v'
43
11%
36%
42%
•
lW
36
6
:''
14%
19
18%
*29%
31
31
111
♦108
7%
7%
7%
1,800
Parmclee
11%
11%
11%
11%
3,700
15
36%
*35%
363/4
300
42%
43 Va
4? Va
43
6Va
r
5%
6
5%
5%
16
15%
16
15%
19%
19%
19%
18%
19 V
*31
33
♦31
*108
111
*108
33 Va
18%
18%
18%
18
t
46 Va
46%
111
18 Va
17%
46 Va
♦115%
*46
I-
.
116%
48 >
*87%
*11
13
105
100
18%
18%
183/a
17%
18%
17%
18%
47%
47
47%
*46%
47%
*46%
117
117
*46
48
*11%
24%
23%
107/a
11%
11%
:
117
117
48
*47
48
88 %
11%
*88
89
11%
32
103
24
*46
*
87
*31 Va
'
«
101
55
47%
12
11%
157/a
14%
15
'*14%
57
*14%
54%
56
54%
'48%
118 Va
23%
24%
31%
117%
-
i
12%
103
;
■
32%
101
11%
11%
23%
23%
*32
*97
323/4
102
11%
11%
11%
15
15
15%
56%
56
58
47%
48%
47%
*52
52%
52
52
52 Ve
52 Ve
52
52
*97
99
99
99
99
99
97%
97%
For footnotes
see
111
18%
18 Ve
87%
105
*108
18%
17%
87%
V
111
18'/a
18 Va
32%
Ve'
24%
*32
y
'
88 %
"
18%
-
page 24
48.
47
48%
*116%
10,900
54,500
47%-.
117%
1,700
t
-300
•
=
*46
48
87%
11-
900
.
11
23%
500
21,300
323/4
400
.
102
*97
11%
40
11%
•:
15%
*15
55
46%
52
•97%
57%
6,400
;
4/
'.'
;
y.
400
3,500
471/4
9,600
523/4
990
99
&
Coke Corp—
10
7
'
;
Corp com^-Jfopar
:
82
7%
Jan
.48% May
357/a Aug
11%
Deo
,24% Jan
.22 Ye
30
No par
^2
100
—5
No par
101
Petroleum Corp
Pfeifler
Pfizer
Brewing
of America
Co
(Chas) & Co Inc
Phelps-Dodge
Corp.
Philadelphia Co 6% preferred
$6
preferred
I
25
50
No par
8%
13%
37
36 Vt
49%
97%
May 13
Dec
M»v
Jun
May
Apr
Dec
Dec
23
17
9
14
14
4
24
Jun
t.-i
45% Jan
6% Oct
16%
Feb
17% Sep
30%
Jan
.
Co common
Jan
Sep
67% Jun;
.
2nd preferred
Milk
Apr
3%
12% Dec
,
4VaVo
Apr
39% July
40% NOT'
.
Pet
Jan
May
4
15% Jan
29
Sep 25
.
36
Apr 16
preferred—-—-.——-—100*107.
Dec. 10 ? llT
Jan 29
Penn /Power & Light Co
-—No par ••• I8;i Dec
6
.22
Jan 6r'
Pennsylvania RR~_
50
15%. Dec
5
26"% Feb
5
Pennsylvania Salt Mfg Co. com-—10i
38 ; May 13 !
4^% Jap.. 6
3'%% series A preferred
100
111
Dec
8
118% Sep
2
Peoples Drug Stores .Inc——
-—5
'45% Dec
0
65% Nov 21
Peoples G L & Coke (Chic)
100 i
^81% Jun
5
101% Feb 13
Peoria & Eastern Ry Co—-.1001
6
May 19 '
22
Feb
A
Pepsi-Cola Co
33y3c
22
Dec
5
34% July 25
Penn Glass Sand
Apr
Apr
16% Oct 20
24% Feb 27
.
5V2 Dec 26 ;
7
Apr 15 • '
13% May 19 -: >
14%Feb;ll
15% May 31
38'/a Nov 2f0
48%- Feb ,11
90%
110
28% Feb
Jan
.110
i 37% Aug 7.
115% July
Sep
27%
Sep
37% No?
47%
Feb
61%
Deo
20%
25
Jan
68
May
115
Apr
Jan
Oct
14
21%
Sep
4
28%
Sep
108% Jun
2
12
Dec 22
18
Oct
8
105%
Sep
R%
34
62%
48%
59
109%
Jan
Jan
2
Dec 22
Mar 20
Aug 5
Jan
86% NOT
43
.
'.
88
23%
*32
Coal
Penn
PeniirDixie Cement Co__
11
38% May 27
Penney: (J O Co---—u.Nopar^
Airlines Corp—
1'..
2,800
'
*108
:
-
.32% Sep
No par
Ford
&
3,000
(
33%
*31
Penick
Penn-Central
8,200
15%
19%
31
M 5.900
47
15%
i 19 %
7Vs Sen 24
8% May 19-
Patino Mines & Enterprises.
*35%
6
7%
Transportation—No par
5
7%
11%
36%
42%
6%
15
18%
f
43%
427/e
..
*7%
11%
*35%
11%
36
6%
I >14%
7%
7V4
t.
12 Va
36 Va
42%
!
•
14%
35%
'
7% "
7%
;
111
51%
40 Va
Deo
14>A
35%
Apr
Jan
80
29%
Sep
x48
13
.
51%
107
Jan
43% Mar
109
16%
.Mar
A or
Feb
May
May
Deo
76%
Jan
Dec
117%
Jan
/
'
Volume 166
THE COMMERCIAL & FINANCIAL
Number 4659
NEW
LOW
Monday
Saturday
v'i,
Dec. 80
I j>er than
22%
'23»,:
nir
■'/Tu««dayv\v'
f
I per then
22%
'22%'
:
2~%
23%
112%
22%
96
-14%
15
34%
.
96
15%
34
-34%
♦88
96 T
15%
•
35
;88 %
88%
26%
•26
i
26%
♦91
94
91
94
*90
94
♦39 M,
42
*39%
41%
♦88%
90
22%
t
•
the Week
NEW YORK
-
.
v-
■' vv.Wtr
STOCK
EXCHANGE'
..
(
Range for Prevleus
V;: Range
'
8IneS January 1 ;
'Highest
V
;
Far
5,^00
Phlla
Electric
Co
I pet than;
.21% Dee
'$ per eharf •,
'
.
5
23'/a Dec
No par v
common
Year 1946
Lowest
f-Jjeweit
v
.
gharee
;
22%
24% '
CHRISTMAS
15%
DAY
'91
15
33 J/2
89
22
24%
27V4 Jhn
3
29% Jan
21
27
116
Gl-.,;
62%
<*88%
,
63Va
€2
14%
*13
*34%:C34%
*100%: 102
90
-
40
92
*39
40
'
—
700 ?
88
*85
34
61%
S.
90
;»*88 %.'
-»
42
Dec
14%
•33%
35
•100%
*13
"
102
♦14
m
61%
63%
13%
33%
83%
•
30%
26%
•!
31%
26%
*145
166
39%
13%
100
'-61Va: .-62'A
V;
40
168*-'
-
39%
'•
jttifo <m9.%''
>
39%
••9%^-3%
*1-45
166
Dec
5
88
98 Va Mar
20%
Dec
26
Nov
21
101
Apr 29
43
Dec
81
Jan
93
13%
*135
v
14%
'
■
26-
27%
4,000 "
2W.
'
168
*145
*160
800
168
166
166
38%
•'"%
9%
?135
'
8.9 %<
89
*79
14%
*,<*135 V.
39%
33
—_
■
"
'M:
*1
%
19%
•
•89 %:
88 %
*78%
-19%
♦140
34%
34'»
150V,'. ^£*143;-;
*140
150
-v
34
10%
•
'
f
10%
*10 >8
-
33%
iv>
■
33%.':-
33%"
14%
13'a
'i
33%
•^433%
•
"
:<••
■■■#*,33
19%/519%.
150/
-
Mar
Dec
Deo
102:
Sep
71
12%
13
,11
11%
11%
11
11%
10%
33%
33%
33 Vi
33%
33%
33%,
<
10 %
....
10'/4
'•■
34 J/4-
'
•
"
-
15
"34
*33
'
14'/a
.
143/4,
12 J/a
.
;———No par
100
Dec
5112
Jun
8
963/4
Pf'%
22%
68%
90
34%
•
22%
90
•
90 J/4
68%
21%
68%
22%
•SO
34-%
-
68'
12%
10%
-11%
33%
34 Va
12%
10%
/
21%
rt-21%
90%
34%
34%
11
33%
-
68%
68 %
21%
90%
*
$5v convertible preferred—_Ne par.
Pitts Consolidation Coal Co-i^-i-il/..
Pittsburgh: Forgings Co-__—.v
Pitts Ft Wayne to Chic Ry com—100
34
•
1,600
68 V*
3,500
21'
21%:
6,700
*89
89%
83'/a
89 Vi
34%
34 J/2
34%-
68
68
•21%
:
5
400
'
34
34%
'20
;
20
20%
97%
96
98
2
107'/a
107
107%
106%
107
105%
*114%
114%
114%
115
114
115
♦J?0
132
130%
130%
130%
130%
♦112'/a
52 34
113%
*112%
113'%
*112%
53
51%
53%
52
53%
27%
283/8
28%
28%
28%
29%
*10694
107%
♦106%
20'/a
•
19%
20%
96
97
19%
20 V"
93 »/4
19%
20%
93
96
1,900
7,400
Power
18
.
Feb
.<
107 J
*107
108
25%
25%
233*
24
24'A
108
~
88
Dec
16
2
163/4
.
Feb
9%
9%
•*'
9
,
69 >/«
9'/a
*95 J
9%
9%
69%
68%
9%
69
113%
112%
112 J/a
129
129
113 Va
52%
52%
52
523/4
5,500
28%
29 Va
28%
29%
47,400
107%
107 Va
103%
106%
200
26%
26 >/2
27'/a
1,400
25
243/4
243/4
900
»5
320
26
*24'%
8%
9
8%
*951/2
97'%
31%
31%
31%
31%
31%
31
31
30 J/2
31
31
32
31
31%
33%
33%-
33%
33
33'/#
98
29%
33 a4
33%
33%
18%
18%
19
41%
*40'%
43
*40
*32'%
35
*32%
165
19
102'4
13%
13
13%
*100
101'/a
100
101'%
13
13%
*12%
preferred.—
preferred—
8%
.
27
12%
13
13
25
600
•
7,100
33 '/a
2,100
18%
18%
4,000
40
200
35
100
125/8
*100
13
25
40
31 'A
40
13
13'/4
97
31%
*32 J/a
25
133%
preferred
89Dec
8
X16»4
Dec
30
202
Dec
Aug 22
197
July
203
Jan
290
Nov
2r
2
42% Feb
:1V
140
15
Oct
1
93% Oct 11
84% Sep 18
20% Dec 12
13
10% May 19
•
171
May 15
17 y4 May 16
/ 200
;
Jan 23
'38% Oct
13%
13%
13
*24%
25%
25
25
25
ll:i8
12%
600
Radio
5,200
*12%
13%
209
-
24%
900
13
-
30
99
11
11%
10%
11
62
62%
63
62 Va
62 Vt
280
13%
26,500
13%
98%
30 Va
*96*
30%
*96
30
11%
133/4
13%
13%
*96
H-;
62
.•
LOW
13%
14
30^
AND
29%
Eaturday
Monday
Tuesday
Dec. 20
Dec. 23
SALE
Dec. 23
7%
•'
f per than
6 per than
8'
Z94
8%
I
per
4
13
29%
'
12 J/2 Dec
v
1
57:
23
$ per than
7%
Ralston Purina Co 33A%
May 20
89'/2 Dec
37/8
10%
10%
10
27%
27
27%
27 Va
27%
27%
108'/a
*1Q5
105 %
105%
103%
19%
*93'2
7%
107
19%
19 V4
19%
19%
96
93%
93%
*93%
7%
73/8
7 Va
7%.
3%
8.500
10'A
10 J/4
2,800
27%
*im a/,
DAY
25,600
105
200
19%
19%
18%
19'/a
93
93%
93
93'A
90
7%
7
7 Va
7
7'/a
22,200
23'A
2,000
19%
95
.
10
10
6,200
26%
3%
103 Va
*106
10%
7%
CHRISTMAS
27%
26%
»J78
23 %
23 J/8
23%
23%
23%
233/8
233/4
24
24
*101%
103%
1023/4
103%
1033/4
103%
*103
104
10:,a
10%
103's
10%
10%
10%
10
10%
39%
40%
41
*103
5,600
104
40%
403/8
41
40%
41
*49%
50
50
50
49%
49%
*83
*50
393/4
3
53
32
9834
Dec
2'
11
Dec
24
111
26
112 'A Dec
26
25% Feb
(Robt)
Sep
<17%: Oct
103
S^p
108 '
Sep'
II43/4, Aug
21
30
$1
5 J/4 %
Reynolds
7% May 19
85
85'/a
2,400
223/4
23 J/8
2,800
Rheem
18'A
183/a
8,000
*24%
253/4
26
26
26%
27
263/4
26%
*243/4
26'/a
500
5%
3,000
21%
67%
671/2
66 %
67
17%
17%
17%
18
21%
21%
*65%
66%
65%
65 Va
18
173/4
18
19
200
21J/4
*65
*173/4,
7,300
66
17%
25% Aug
600
177/s
1,200
103A Feb
9
Nov
803/4 Feb
76%
Dec
15»/4 Jan
15%
Oct
28%
94'/a Dec
16
105'/a Mar
Dec
112'/a
1001%
41
Feb
32
Dec
49%
Dec
23
17%
Sep
33
33
38'% Feb
ah
32%
Nov
39
163/4
Dec
24
i«'/a Mav 17
40
Dec
Nov
9'/. May 17
96
Oct
Feb '
Feb
MayApr
Sep
Sep
33%
Feb/
40
53 '/a
Jun
39
6
11
Apr
22'/a July 25
48'/a July 25
26
33
Jail:
96Va Mar
32
36%
Oct
46%
Jan
31
July 14
18% Feb
14
1
15
NOV
4
108% Mar
99
Sep
112%
Apr
Feb
12%
Dec
10%
Oct
May 16
16'/4Feb
12'/a Dec
4
20»/-> May 21
29% Ffeb
10% Dec
26
17% Feb
8
Dec
23
84 J/4 Feb
18
12'/2 Dec
—10
19
62
50c
96
11
14'% Nov 26
17
Nov 12
102:
13
26%
Nov
D6c
45% Apr
273/4 May
101
M*r
AiSg 11
Jah
2
100
33% Oct
15
20
oet
■
Range Since January 1
Oct
105%
AM
84% July
Year 1946
Lowest
t perthare
$ per share
4% May 19
1
50c
I per share
7%
Nov
7
Dec
Highest i
f per thare
9% Jan
7
26
8% Feb
3
23
15% Feb
4
13%
Oct
21%
Feb
30% Feb
21
:24%
Oct
40%
Feb
113 V* May 28
107'/a
Oct
118
Sep
Sep
110%
31/2 Dec
10
Dec
103 '/a Dec
24
243% Feb
May 19
Dec
24
6'/a Dec
„
14
93
par
3
Apr
11% Feb
9
39
124
No par
com
Lowest
22% May 19
10
com—No
Highest
2.50
Co
Dec
14%
74
Range for Previous
STOCK
—100
19 V4 Jun
110
18
16
7
,.
97
24% Apr
17%
Feb
Apr
31% May
Jan
8
9'/a
Oct
18% May
Jan
2
24'/a
45%
Jan
28
105 J/»
Sep
Sep
16% Feb
7
12%
Nov
28 Va
*•
Jan
36'/a May 20
44 % Feb
4
36'A
Sep
46% Jun
10
45
50'/2 Dec
11
43
Feb
50% July
108% Feb
—
i
May 29
26
•
100
85
Dec
6
100
Manufacturing Co
—1
Oil Corp
—No par
19
Apr
14
25% Feb
3
19
133/4 Jan
10
18 3/a Dec
24
Preferred.3.60%
series..;
Ritter Company—:
Royal Typewriter
Fuberoid Co
iThe)
5% Sep
9
18% Nov
7
1
—
193/4 Sep
4
17% Dec-
5
Nov
136
Jan
Feb
Dec
38
123/4
Oct
20% May
25
Oct
44
Oct
13%
Feb
17
Oct
30%
Jun
40'/a
Sep
65
213/4
Oct
34%
;.."45
Sep
et
£11%
Dec
12% Dec
30%
Dec
33
22
NOV
6'/a
Jun
Apr
20 3/4 Nov 24
,
42% May 19
No par
Ruppert (Jacob)
Feb
31
Feb
3
10% Mar 31
2
Wks Inc
Art Metal
104
23 % May 16
—No par
Roan Antelope Copper Mines
Ronson
19
26
26
173/. May 19
Richfield
21
Feb
May 27
Common
18%
21
19'/a
Jun
May 19
Reynolds
280
23
5%
38% Feb
115'/a
9
5,900
86%
20
Sep
90
403/4
18
*183/4
Oct
30
preferred—100
-1
(R J) Tob class B
10
Reynolds Spring
227/a
6
107
8'/4 Dec
convertible
5J/2%
2,000
85%
19
28% May
283/4 May 19
preferred
Metals
18%
57/s
\
r*u.
:
-1
preferred
23
19
v
Sep
19% Feb
No par
Rexall Drug Inc
87%
6
j
69%: Jail
47'4
68'/a Dec
1
100
pfd
pfd
Revere Copper to Brass
18
183/4
Feb
26
Republic Steel Corp com.
^No par
6Tr conv prior pfd series A—100
223/4
21
117 »/3
STOCKS
convertible
87
57/a
Nov
243/4 Dec
Republic Aviation Corp
Republic Pictures common
18
21
112
Mar 14
Par
23%
*18%
T
8
9 1
4
EXCHANGE
83%
6
24% Oct 21
68 J/4 Oct
20
36 Vs Feb
«: '
9
21
•s*
May
"tv
.
9%
36 3 a
45%
45
44'/4
45%
45%
47
10
45%
45 Va
46%=
9'/4
9%
5,700
24,400
351/4
35%
9,200
9%
9%
35%
9%
37
36%
36
67 3/4
*64
67
*64
67
*63
67
60
*57
60
*57
60
57
57
*65
67'/a
*65
*58
62
*58
9%
93/4
9-%
10
9%
37%
10
36 Va
9%
37 Va
9%
93/4
9%
9%
9%
9%
82'6
821/2
82
82%
82
82
81
82
80
80'%
820
20%
20%,
20'/a
21%
20%
20%
207/a
21%
21
21%
5,300
*111
112%
♦111
'
111%
110
111
.
110
108%
110
1083/4
9%
93/8
9%
9%
9%
9%
9%
9%
33
33'/a
323/4
33%
313/4
32%
31%
32 J/4
31 '/a
42Va
43
42%
43%
423/4
43
43 J/4
44
43
431/4
93
93
*91%
93
923%
*91%
92
90%
93
*90'%
91%
410
14 Va
13%
133/»
13%
13%
8,400
83%
*83%
85%
*83'%
85'%
*91%
14
13%
13%
*83%
88
*83 V*
38%
17.
17
88
173/a
47
*17%
47
47%
17%
17%
.173/4
40
397/8
40%
13%
173/4
17 J/4
17%
*47
47%
46%
4 6 J/2
*17%
177/s
177/s
17%
43
42'
16%
.
40%
16%
4,500
17%
17%
700
43 J/4
•
900
42%
43
•
6,300
6%
6%
*6'/a
6 J%
*6'/a
6%
37%
37
37%
36%
37%
36%
37 J/4
36%
37%
12%
11%
11%
11%
11%
11%
11%
8%
83/a
11%
8%
11%
8%
8%
8 J/4
8'A
8'/a
8%
*53/4
.
11
*6Va
11%
11%
11
11%
*101%
29%
103%
*101%
103%
*101%
103%,,
29%
29%
30%
29
36%
36
30
36%
30 y8
35%
353/4
36%
35%r-r"'36%
11%
.
..
.
-
For footnotes see page
•
llVa
11%
1
■
ii
Iih'jj.awginil
;
'
:
'
900
11 J/4
12% Jan
9
18
May 19
37'/a Dec
23
66
Dec
19
68 >/4 De-C
57
Dec
26
60'/a Dec
16
9
Oct
22
St Regis
Scranton Elec
(The)
Air Line com
v
Seaboard Finance Co
Seaboard Oil Co of Del
Seagrave Corp
Seeger
Refrigerator Co
Selberling Rubber Co
Serve! Inc common———^:
5,600
Shamrock Oil
36%
3,000
Sharon
$4.50 preferred
i
Steel
& Gas
Corp
—.1
_1
No par
1
No par
1103/4
Sep
93/4 Nov
34% May
116
Mar
55% Jan
53
Nov
100
Aug
49% Jan
42
Oct
61
July
.Dec
22
1033/4 Sep
24
102 J/4
83 J/2 Dec
100
953/4
July
18 % Jan
98% Mar
23
20
18
Jan
Dec
110%
Jun
Dec
102%
Nov
—
3
24% Feb
13
17%
Jan
15
42
Sep
Sep
37%
Feb
77%
Feb
17 3/4 Dec
193/a Nov 24
23
Oct
89% Apr
23
-
55
19
Mar
431/4 Dec
8
24
6
6%
Nov
17% Feo
403/4 July 14
35%
Nov
40%
10
16% Feb
8
10%
Nov
233/4 May
4
10% May 19
16 Va Feb
11
13%
Nov
12%
Oct
22% July
24% Jan
5% May 17
10J% Feb
30'/a May 19
11
Oct
6% Dec
101
Dec
16% Feb
|
3
Apr
Jan
7
303/8 Dec
23
17%
Oct
32%
Apr
40s/s Oct
20
23%
Oct
40%
Feb
110
10
20% Apr 15
24% May 19
■
24
4
11 »/a Feb
11V4 May 19
393/4 May 17
No par
—5
114'/a Mar
13'/a Nov 28
1
No par
26
12
90 J/2 Dec
100
—5
Sears Roebuck & C6
26 J/4 July 17
Dec
98J/2 July 24
5
92
190
—
26
"
7% May 19
23% May 17
40'/4 Dec
3
t c„No par
preferred series A—
30
Dec
Dec
1083/4 Dec
common—5
cumulative preferred
3.35%
Seaboard
5%
Co
Jun
80
X20
Paper Co common..
1st pfd 4.40% series A
Safeway Stores
5 % preferred
Savage Arms Corp—
Schenley Distillers Corp.
Scott Paper Co common.
$3.4o cum preferred—
Scovill Mfg Co 3.65% cum pfd—100
6,800
103%.
fr¬
May
11
353/4
:
,,
105
Dec
1133/4 May
—
:
:
.■iuM"' i|.i11.)-.!n!".!
y.l'M
,4,100
85% Jan
100
29
*101%
,
1;
100
22,800
.
9
Louis Southwestern Ry. Co—100
5% non-cum preferred—
Preferred series A 5%
29
.
*101'/a ;103J%
lii'l ilili'i"
-
10
17'
46'%
*45
12
'
6%
83%
/
70 '
37%
v
21,800
1,800
*91%
92
13%
47
2,400
92
93
*91 J/4
.16%
9'%.
92
92
*90
U-
350
313/4
9%
IfiT s"'"
12,600
Jun
8% May 19
Joseph Lead
10
St L-San F Ry Co com v t c__No par
St
10
40
St
H
Jan
'
.
44%
?
CO—
&
NEW YORK
17%
18%
>
Jan
li
23'
24% Jah 13
22%
6
126
Jan
29 >/a Dec
'
87
18 3/4
July f
139% May
36% Feb
$4,30
173/4
203/t
41
30% Juni
ll53/4 Jan,
150
;
20
Apr'
May
Jun
61 J'- WeVt
■
67
119%
114% Feb
tu
71%
\
9
146% July
6
Remington-Rand common—
22%
6'/8
5vr
51'/4 May 19
21% May 19
Rio
88 »/4
18%
Aug
110% Jun 24
Corp—
—No par
Reliance Mfg Co common.—No par
Conv pfd 3%% series—_—10(K'
173a
6
2
Feb J'
% Feb
105% May
31
120'A July 17
130
Aug 18",
Jan
63
Nov
13
38% Jan
127
•
30
Oct
' 2 '
102% Feb
104'/2 Dec
50c
$1.25 div prior
22%
*18%
'27%''Febi:'
Dec
82% Jan
26
93
i————_ 100
——
10
51
*50
51
Julyi:
'
*
19 '/a Dec
Reliable Stores
-
9'/a
;
29% Aug i
—
38
17
3
iharee
TTOSED
4'/a
10%
22
"
11% Nov
Feb
24% Dec
Reeves Bros Inc
Sales for
9 perthare
3%
3%
3%
10%
Oct
Feb 13 1
30 »/a May 19
preferred.
;——25
Reading Co common.
—50
4% non-cum 1st preferred
50
4% non-cum 2nd preferred—_5o
Real Silk Hosiery common—:
5
ftho Week
7%
*
sep
71V. Nov
15% May 17
$2
,
Dec. 26
7%
14'/.
*
.
'../-Novr
3t% janr
Nov.
16
106% Oct
Rayonier Inc common—:
100
1,100
Ft!d*y
t per than
:
Oct!:
43
22
No par
Raybestos Manhattan.
,
Dec. 25
200
-Oct!
20 34
Jun
May
343/4, Jan
.
:
15'/. Nov 21
May IT
33'/2 Dec
Corp of America com—No par
PRICES
Thnrsday
<
12'/4
19
•
97
29
Dec. 24
7%
33/4
13'/#
97
Wednesday.
thare
7%
-
14
98%
*95%
HIGH
2,500
30
98%
30%
-
98%
92
Oct
•
Sep. 22
.14 V4 Jkn 28 V
34 J/4 Dec 15
Apr 19
: 35 J/2 Oct 27 ;
193/4Mayl9
11% May 17 % ' 19 '/a Oct 22 '
Feb
Feb>.(-
141
: Nov:
•
10
—No par
-100
Radio-Keith-Orpheum
300
24%
11%
*61%
63
12%
.
i
: jan
22%
NOV
21
$3.50 conv 1st preferred—No par
Preferred
123/4
63
11 Va
11%
*61%
14
68 % Dec-
28
.
.48% Jan
Sep
59
-
Feb
May '
-Mar •
210;
7V4 Deo
.' 9% Oct
103
Oct"
•
14 3/4 Oct
59 Va May, 17
Jan
30
10% Nov'21 f
-
Apr 22
Feb f
26% May i
169
.
Feb
,
NOV
67.
Quaker State Oil Refining Corp—10
Reis
14
106
17 J/4
1
■: •
Feb
May
15%
22
17
;114
No par
Purity Bakeries Corp
*
*13%
I
Pure Oil (The) common
:*
5% conv preferred.
103
12 «/2
110
Sep
Aug
May 19
8% May 19
100
—10o
100
i
Pullman Inc__.
29,900
33
103
*100
101'%
12%
8'/a
31%
183/4
*12%
13%
*100
133/4
131/2
""
Dec
.
136
Sep
Oct
7 J/a
Mai- 29
325/a Dec
7
preferred——_——_No par
6%
7%
1,000
*30%
35
18%
28,700
*95
42
35
*32%
33%
*12%
97
*95
18%
44
33%
97%
41%
18%
18l! 4
*4i
97
9%
68 '/a
8 J/4
8%
8%
30
a
*31%
36
R
9%
68 %
69
69
8%
Jan
Jam;
Sep
32 y4 Apr
Pub Serv Elec to Gas pfd $5—No par
113%
*112 J/2
93i
9'%
9%
Nov':
73 V4
41
163% Nov
•
-
620
13( %
69
89
Feb
Dec
297/.
Oct~23
102
17 V* May 19
-4'/sf%'preferred series A——50
Procter &- Gamble^-!———„No par
Publicker Industries Inc com_—__5
$4.75 cum preferred1
—,_No par
Public Service Co of Colorado-—20
Pub i-Serv Corp of N J com--No par
i.
*69
106% Aug :
38.
Jan.;
Oct
Deo h\
Co
Pressea awel Car Ctr Inc com__—
1,300
*112%
24'/4
"
26
24'A
.24%
106
106
129%
108
26
26
25%
93
104 J/2
112%
113
Septf:
16(4
"
96-3 4
Jdn
49
,1
38% July 24
MaVli
18 V« Jan
•,
"Regular WayV——--10
940
16
;
7%
:
25'»700 ;
12,700"
■'•34%
•
633/4 July 14
10
47
Dec
20%
1 84
123
•
.
.
•
% v33%.
12%
33%
•
Jan
15
C to St Louis RR
Potomac Electric
13%
12%
Jun
36% Apr 28
99% Deb
4*
—
33
33%.
10%
,54/14%
79J/2
*141
&>33 •'/. ...34
89%
*78
•34%.
-1*10%
=32 %,• 33% ;>33£^.$3:% i/
33%/'33% :'^*33%: 33%
14%-- .14%
14%.
13%
14%,
-
89'/a
•
149
•
.
'
89%
149-/':.
33%
34%
Vl0%v 10%
34%
.'.>•10%'
:
■
"14%
*135
-
89 %
'
12
preferred,
-100
8,500
Pittsburgh Plate Glass Co—
10
2,700 •
Pittsburgh Screw & Bolt—No par
9,200 T Pittsburgh. Steel Co com—-No'par
:
7% preferred class B
-——100
750
5% preferred class A__;
—;_100
60
5'/4% 1st ser conv prior pfd__100
800 :
Pittsburgh to West Virginia_^__100
Pittsburgh Young to Ash pld—-100
l^OflJi ,VpittstoitCo. tThe9--————-1
,••; 30a. iPlough 'Inc
—-J-a—"5
8,600
Plymouth Oil Co———^-^—.5
400 /
Pond Creek Pocahontas—
:
1
1,300
Poor dr Co clasg Bii-C—_^.„No par
38%
V
143,8
;:#78% ,78 Va
> "M9%v ,19%
79%
<19%
7.9
-1:1% .'19%
'
/f
.
>
89%
89
79%' •vss.W.78%
-147/#
■
•
.30
'9%V" .9%-"
9% ■••9%.
14%,
;,v
"
n
-
.14%;
•
May
,
19% Feb
104'/a
July 2b
17
60% Mar 13
par
—5
Pitts Coke to Chem Co com—No par
50 Vs
31%
31%
*160 •■."'
'
Jtta
Hosiery
122
89
21
preferred-—-100
preferred
Pitts C
700
883/4
*88
£ .32'/a
$4
';
.
'
■
30% May*<
84": July';
••/.
33%
'
i«
43% Jan 18
109
Feb V
92
Pillspury Mills Inc common---_^_25
•
40
•
14 »/4
13%
*145
>
V
•39%
;•
i >9%
*X
300
-
.
101''lai.:
833%
*
33%
•:;'*96''- /li(r"
14%
.*26%
■'<
168
'39.
'*88
i
26%
/*163%
••
110
'''-••32
32%
Phoenix
300
'
;
26%
165
165
33%
102
*14%
88%
•
32
cumulative
■
17,700 V Phillips Petroleum——.
13
13
33%
*101
•
14%
5%
-
Dec
Dec
'
*96
101%
'88%
v.
....
110
:■
14%
26%
*145
•
•
•
:
34
*95
.
32%
'26%
168
♦164
31%
•13%
101
V;:;-*95"'.'-110-\: •
•;
'*.14»A -=14%
:#.:*88'-88%'
'14%:
*88
V
.
♦95
Sep
»/4
11% Oct
35% Nov 24
11
,25
preferred--—
3.60 series preferred----——-106
Phillips Johes Corp com-.
-No par
—
18
x86
4%
*88%''90! e
......
'
♦12%
I per eharei
"
Philco Corn common3
' 33A% preferred aeries A——_^100
Philip Morris & Co Ltd common
5
;
22,400
Dec
10Va May 19'
21
Jatt 16
•
'
>
>'f88-y«v?*80 V
-
Highest
S per share
120% Aug 12
109'/a Aug 12
16% Oct 15
Nov 21
95
—
3,500
1QO
112
preferred
^u.>_100
3.8% preferred
.100
Phila to Reading Coal & Iron-j—1
2,300
333/4
V
—No par
'j 4.4%
.
1,000
:
26
?•
88
92
$1* preference common
;
10
88 Vz
87%
x25 >/4
91%
91%
1.4,800
95%
15•
95%
?
26%
2
*86
'41%
•"
333/4
89
26
24%'
111%
*110
96%
>
'93
*40
22%
OLOREP
15%
32%
89
90%
'
21
RECORD
v
95%'
•
V-
'26%
*87
Sales fer
,:
(2677)
-
33% -34%
26
.
I p erthdrt
I per than
24%
24%
I 112
•;i5%
*87%
•-
92
♦90
fhan^
22%
•
Dec. 25
*110
96%
15
Friday
Dee, SS
Thnrsday
'■
• per
112%
96%
■
•
89
26%
'
STOCK
STOCKS'
Wednesday-
22%
*110'%
'
YORK
PRICES
■.v",:..Dcc..34
24% ■k 24 %
!
'
*96%
-/•
than
oer
22%
:
*24%
112
112
SALE
HIGH
...,A Dec. ^3
Dec. 23
.
AND
CHRONICLE
J||j
.
'./II u
.^Ij.w'i.ii.ii .1
•
■
'/V
V
ff0f' %
•«.
.■!-,v1-:
>■
.
.
.,4),
Monday, December 29, 1947
& FINANCIAL CHRONICLE
THE COMMERftAE
22
-t
}A '<A/v:
•:■
i,;i^:/:,
::V"
RECORD
STOCK
YORK
—-
Range for Previous
STOCKS
I
per
24%
76%
12 Va
'6%
i
76
*74
15%
15%
15%
12%
33%
33%
5%.
33%
43 %
17
109
33%
43 V*
44
33%
44%
*43 '/*
44%
17
17%
17%
112 Va
111%
21 Va
22
721%
21 Va
21%
21%
58
60%
61
59 Va
59 Va
59 Va
*35%
36%
23%
23%
36,%
37%
90
89
*24 Va
24%
24 Va
16 Va
16%
16%
17
3%
4Va
6
'
;
6
16Va
42 Va
fiVa
6
,
16%
16 Va
,
42%
42'/a
A1
-
0
■-
<16%
43
42
42
42
42
27%
22 Va
27%
28
22 Va
22%
48%
48
40
39
15%
,*42%
'42%
7
„; 39
,
*62
27
23
49 ^
50%
40
.39 Va
40
39 %
*71
62
75
61'%
.*71
40'A
61%
75
*16%
17
*16%
16%
61%
■
*7%
■
V
21%
21%
21%
,22
9%
10%
V
*■
9%
16 '/*
2,bu0
7%
7%
7%
800
7%
72
69 Va
70
17%
18%
17%
29
29
28%
29%
28'A
28 Va
t *101
102
23 Va
92%
*90 %
101 Va
101
.
69 Va
670
69 Va
Square D Cc—
101 Va
92%
100 Va
62%
61%
62%
41%
42'/*
.41%
42%
42%
78%
78%
28
28%
27%
28%
95 Va
95%
95%
76%
78 Va
78%
79 Va
28%
27%
28%
96
94%
94%
*94%
14%
14%
14'/a
14%
14'/a
14%
43
43
*42
43
'.42%
42%
42
*40 %
42
*40 Va
*94
*40%
14%
14
36 Va
42
xl3%
13%
37 '/*
37'/*
*40%
14
37%
37
91
89%
89%
32 %
14%
36%
14%
36 Va
-
42
*89 Va
91
*89%
32
32
32
32%
31%
31%
31%
15
15 V*
14%'
14%
14%
15
15
15
18%
18
18%
18%
18%
18%
19%
18%
19%
19 Va
19%
*19'A
19 Va
19 Va
19 Va
12
11%
12'/*
11%
11%
11%
11%
56'
58
118
58
58
11'/*
37%
11 Va
10%
11%
11%
38%
38%
20%
20%
2034
20%
17%
42
42
42%
*16%.
*17
18
*35 Va
35 Va
35
35%
21%
21%
21%
22
19%
19%
*17
35%
19
v.>&
Monday
.
Dec. 20
AND
sharp
I per
*10 Va
11
11
A
t par
shara
Va
4
17
14%
*44%
*44%!
*14Va
14%
*14%
9%
9%
9%
47
47%
9%
*8%
10
22%
22%
24%
8
45% Jan
2
Nov
10
112% Feb
11
37% Jan
6
23% Dec
4
Dec
15
84
118
Mar
55
May
107%
98%
Apg 14
102
65
Oct
34% Not
Nov
99
17% May 16
34%
49%
49%,
14%
15
*19%
20'A
19%
19%
14%
14%
14 Va
14 V4
Chemical
Corp
23% Jan
94
Dec
3
42%
Feb
59% Aug
37
Feb
49% May
61% Not
78% May
20% Mar
30
17 Va Fen
3
49
Feb
Oct
14
18
49
37% Not
7
47
Sunray Oil Corp—
Sunshine Biscuits Inc
Sunshine Mining Co
(The)
Superheater Co
of California
Corp
Superior Oil
Superior Steel
Sutherland Paper
88
19 V* Jun
14%
45
*44%
45%
£
14%
*14%
14.%
j
9%
10
47
47%
9%
*9%
;
93
9%
44%
44%
* 14%
~
14%
9%
9%
*46 '/*
>■
47
47 V*
9%
9%
24
23%
24 Va
11
*10%
9%
23
11
*10%
50
49%
49%
48 Va
49 V*
50
49 Va
87
85%
85%
85%
85
4
3%
3%
*85
4
3%
2
16%
Oct
26% Aug
Jan
2
41%
Jan
63
5
102 y*
Oct
109% Aug
26% May
10% May 19
15% Feb
105
July 28
109% Apr
51
May 26
115% Dec
17% May 30
13
Va
4
4
*25%
26%
26%
26
23%
23%
23%
23%
23%
96%
96%
97
95
96%
98
97
19%
19%
52
V
52%
13 Va
13%
23%
*26
27
19%
19%
19%
19%
52%
53
"
52%
53
13%
13%
13%
13%
13-Va
16%
16%
t
19%
53
17 Va
16%
*17
18
SV2
6%
102 %
102%
6%
102
17%
*17%
18
6%
67A
102
102 V*
14 Va
14 Va
22%
34%
*94%
95
7%
7%
17 V*
101%
32
Sep
56% Aug
10%
Oct
24 V
14
17%
Oct
35% May
Dec
22
Oct
160 V May
102
14%
Textron
200
14
10
2,200
47
9%
*46
180
9'/a
9%
700
23%
23%
3,400
■
48 V*
100
3%
f
2,300
4
26%
23%
19
18,900
23% "
96
19 Va
52
690
3,200
2,300
52 V*
13 Va
-13%
•
2,500
16 Va
16'/*
'
4,200
*16%
17'/2
•200
6%
6%
19,700
101
101
4,900
22%
95
7%
180
V
15
♦94%
*7%
300
,
95 Va
14%
35%
Va
2,400
48%
86
*82
*26
11
21,000
'
" ^35
94%
94%
400
7V2
1,500
7%
100
15%
Jan
55 y*
Apr
13%
Sep
21
Aug
31
Sep
41%
Feb
Jan
28
Dqc
26
27.% Jan
2
25% Not
36 y*
18% Dec
6
28% Feb
13
19% Not
41
88
104V* Mar 11
7%
(The)—
18%
Not
Jan
$ per
Year 1946
share
•
$ perthare
tper thare
3% May 16
17
9
6%
Dec
13
14%
Sep
25%
Jup
62
Feb
68 V*
Aug
14
26
13
68% July 28
10% Jan
19V* May
11% Jan
Feb
20% Aug 15
13% May 20
533/* Sep
V
Highest
tper thare
7% Jan
May 16
10
Lowest
Highest
46% May 27
Jan
18
9% Mar
July
22% D.ec
22
58% Nov
21
46%
8ep
60%
Oct
32%
Jun
$1.25
Inc
common.
No par
10
—1
100
50c
14% Dec
24
preferred
No par
19% Dec
24
19% Dec
22
common—5
12% Dec
5
21% Feb
18
13% Sep
43 Va Dec
26
59% Feb
13
47
Sep
15
Sep
10
Sep
48
Oct
70
Feb
Oct
20%
Jun
Dec
18%
Not;
Pacific Ry Co
Thatcher Glass Mfg Co
No par
The Fair
No par
Thermoid Co common
—1
$2% div conv preferred
50
Third Avenue Transit Corp—No par
Thomas Steel Co (The)—
—1
Thompson (J R)—_—
25
Thompson Products com
No par
.4% preferred
^100
Thompson-Starrett Co com—Np par
$3.50 cum preferred
No par
Tide Water Associated Oil com—lo
$3.75 preferred -^———-No par
Timken Detroit Axle—
-5
Timken Roller Bearing
—No par
tTransamerica Corp—:
•
—2
Transcont'l & Western Air Inc
5
$2.40 conv preferred
——
Steel
No par
Tri-Continental Corp common—1
$6 preferred—
—
No par.
Tru,ax-Traer Corp new
Np par
Trapsue & Williams
47% Dec
19
34% Dec
22
14%
Oct
26% May
Jan 13
68% Feb
18
35
Sep
65
15% Dec
22
21% Jan
15% Jan
41
May 19
17% Feb
13
9% May 19
12
13% Feb
13
13
60 V* Feb
15
6% Aug 21
14% Feb
5
4
24% Oct
21
46% Dec
16% Jan
10
38
Jun
13
16
21
Sep
15
May 19
85% Dec
23
16% Feb
:
0%
16
30
38 y*
18
S
1
32
Not
7% Feb
May 19
39% Feb
18
May 19
95
Dec
5%
Oct
Feb
21% May
69% Jun
Oct
3% May 17
20
Sep
May
17%
Oct
102
May
61% July
Oct
Mar 10
'
30 %
.
14% Oct
11
59% Jan
106
112%
.
Jup
13% Jan
Jap
*
24% Apr
25% Oct
20
17%
24
108% Feb
24
99% Not
15% May 19
21% Feb
16%
Oct
28%
Jun
40% May 13
10% May 17
53% Oct
4
20
38%
Oct
68%
Jan
15 Va Jan
13%
Oct
13% May 17
22% Jan
18%
Dec
14
20% Nov
14
Dec
May 13
5% May 19
3
.
8
24
7% Feb
7
Dec
5
112%. Feb 20
12% Dec
5
20th Century Fox Film com—No par
21% Dec
5
No par
$4.50 prior preferred
No par
Twin City Rap Transit com—No par
34% Aug 21
'
5%
105
Oct
Sep
112
Feb
21% May
1
71
33%
12%
114
Jan
Feb
Jan
Mar
15% Nov 24
$1.50
preferred
31
*30'/*
32
15
15%
*14%
15
*12%
12'/*
200
*51
51%
3,300
Underwood
513/*
10%
10 Va
10 Va
1,800
Union Asbestos & Rubber
34%
34
34%
9,300
100%
9,400
730
Feb
109% Aug
Not
101
7
10% Feb
5% May 19
9
5
5
25
1
Corp—
30
1,400
,
37% Jan
Lowest
.(James)—.
14%
'
Dec
19% Not
38
Range Since January 1
Corp.
31%
14%
23
7
21% Oct 31
Range for Previous
7%
*
Apr
5
47
9
30% Jun
STOCK
X30%
32 Va
15
Texas &
3,300
19%
400
Jun
42 y*
24 V* Feb
Mar
May 19
May 19
14% Jan
2
1
7%
7%
32 Va
1,000
14%
22
35
95
49%
14%
35
35%
*94'A
49'/*
*19%
V*
22
95
3 4'/a
22%
14%
22%
34%
*14%
%
14%
*35
*32
6%
6%
;
102
Va
16%
17 V*
22%
23%
35 %
16%
■
14
14%
23%
».
18
6%
YORK
Oct
May
78%
124% Aug
14 i May
6
160
13
36
(The)—4.16%
7%
110
24% Oct
8% May 19
10
Sep
Apr
2
45% Jan
13% Mar
32% May 27
101% Jan
Sep
61V2
117
Oct 21
12% Sep 18
125
11
38% July
24 y* May
103%
75% Mar 24
23
7% Jan
100
l
12.50
10c
No par
25
50
Apr
Oct
Nov
conV
34
14%
May
18%
17
No par
Par
16%
160
~.
12%
11
No par
EXCHANGE
16%
*10%
11
23 Va
26 Va
23%
NEW
Tennessee
44%
Jun
53%
Sep
3
Symington Gould Corp
Telautograph
43'/a
Jun
56
37.
23% Feb
May 19
16
25
700
2,300
25 ;? Feb
1
Jan
17
10 Va May 19
1
1
Co_
Sweets Co of America
600
14
•
July
108% Jan
Dec
Oct
11
11
May 17
May .20
Dec 10
41V* Jun
37
;
100%
105
18
10% May 19
34
common
pil Co common—
Class A pfd (4%'A cunu
a.'/*
13%
Dec
Feb
Talcott Inc
— „
60% May
31% Aug 19
Jc.- 29
19
Mar 17
12
(The)
Shares
11
99%
July 24
44% July 21
80
July 24
63
50% Mar 11
No par
Stone & Webster—
"Studebaker Corp
the Week
I per share
Dec
1
39% May
23
Feb
Sale* for
Dec. 26
7
Apr>
May:
23%
9,600
10 Va
87
7%
Sep
33% Feb
Oct
Pacific Land Trust.,
22%
26 Va
'•
15%
Apr??
14%
Texas
11
*
*94%
5
27
20
Pacific Coal & Oil
34%
19%
45
*34%
18% Feb
63
prior preferred
Texas
15%
15
19%
*14 Va
Apr
100%
3
5%
5,700
49%
34%
49
15'A
*48
14%
V
'
33%
49
15
■
39%
Sep
20
Friday
,
Jan
Not
84%
Jan
451/2
34%
49
♦17
40%
14%
4
21
45
33%
34
16%
Deo
7
90% Feb
37 V* May
Gulf Producing—
47
13%
18 Va
17 V* Feb
Dec 26
13% May-19
69
Dec
20
4,000
July
May 19
8
21
6
,
May
104
u
v
Jan
27
3
Gulf Sulphur—
46 V4
47 Va
19%
24% Oct 45
;
Sep
'
Sylvania Elec Prod Inc corn—No par
$4 preferred
^
No par
86
92 /
,
Apr
13%
Oct
31% July 14
;23% Sep
8
46% May 19
Swift International Ltd-
8,000
5%
11% Not
13
Swift & Co
11,100
7
93% Jan
200
19 V*
8
13
Dec
30%
16% Not
4
7% Feb
1,900
21%
20% Feb
14% Jan
•
-
May 19
8
Texas
47:%
*52%
May 17
24% Oct
Texas
46 Va
•
Jun
Feb
21% Jan
Texas Co
46
.'
96
Aug 26
3
1,300
45%
•97
Oct
81
14% May 19
18,200
56 Va
->4
73
Nov 40
5
•
25,300
55%
,
90%
Stokley-Van Camp Inc common- —1
56
55%
49 Va
Oct
13% Oct
20% Dec
21%
56%
♦85
Jun-
64 %
7
60%
56
•v
Jun;;
66
8
15
56
56 Va
*10 Va
70
Sep
19% Feb
60'/a
55 Va
:
33% May
Oct
33
36% Oct
21%
22%
47%
Jan
38%
2
104% Mar
DAY
60 Va
21%
■'
22%
80% Jan
18
CHRISTMAS
17 %
59%
■
4
50% Dec 24
18%
35%
,,
i
28% Feb
26
60%
17%
22%
14'/a
39% July '
Dec
22
17%
60%
21%
,.
Sep
Feb'
5
100
15
preferred
21%
17%
60
22 Va
:*i;
30
•
77
73
No par
(J P) & Co Inc
60
17%
60 Va
48 Va
7
34% Jan
July 29
19
1
CLOSED
22
33%
(The) L S—'
17%
t
47
600
a /d
V 59%
•
1,500
*10%
■(«.
*56 Va
$ parthara
4
4
7"
*
Thursday
11
♦10%
11
»/q
,•
Dec. 25
Dec. 24
styare
*10%
Va
4
*4
4%
■i
18%
5%
6%
.
Wednesday
Dec. 33
I par
$ per thare
17'A
6
HIGH BALK PRICES
Tuesday ;
Dec. 22
r *4 Va
'*
400
42'A
*81
8"!
Feb
STOCKS
Saturday
f:;v*10%
6%
6
6 V*
2,800
19
.19%
*82
r
20 V*
35'A
21 Va
19%
19 V4
•*84
14,100
21
355',
21%
?
1,500
11%
*17
iGVa
35%
35%
21%
LOW
:
.;
; 21%'
88
6
6%
.6
17%
19 Va
19
*84'/a
88
88
42%
17
;
17%
43,000
11%
38 '/*
164
59%
13 % May 17
117%
18
18%
42
:
Sep
May 19
<6
100
$4.50 series A preferred
42%
18%.
42
Dec
48%
30 V* Nov
3%%
100
*158
18 Va
22%
45
Steel
Sun
19%
165
*157
156
Dec
.;' 4 Va May 19
common—10
of Ohio
Oil
preferred serie? A—
Stevens
Sun
11%
11%
v
20%
24
25
Sterling Drug Inc common
1,900
11 Va
20%
17%
*42% .43
"
U
11
20%
18%
18
18'A
11%
20%
155
160
156
156
•152
10%
20%'
-
Nov
7
Dec
25
of Indiana
Sterchi Bros Stores. Inc
3,400
38
38%
11
10%
117%
9
83
68
Spring common-—1
convertible preferred—
50
4%
55%
105
'
11%
37%
38
vj 11
147'.%
: 11%
11%
11%
37 Va
37%
60 Va
*115%
8,100
20,100
*98
Dec
Dec
Apr
Stewart-Warner Corp
x55
7 Va
62'/*
149%
3,300
10%
10%
9
9
Oct
2,500
21%
NOV'
8% Jan
54% Apr
78
17%
12
83/* May
Sep
4%
8
6
26
.
Nov
19
14 3A
300
May
18% Jun
Feb
Standard
200
3,600
21V*
105
58%
.,
117%
115%
118
*116
1
7;; 11
■7
58%
4,600
July
48
125
31%
11%
21%
10%
*98
105
*100
58
*116
105
1,400
168
Oct
May 17
l^-No
14%
17%
12 %
5% Feb
Deo
Sep
13%
89
Starrett Co
42
19%
99
29%
35% Jan
6
17
July 11
par
3% %
400
*19V*
30
22
.
Apr
31%
20
21%
10%
10%
*100
105
217/a
21%
11
10%
10%
10%
*100
22 Va
21%
21%
20%
V
42%
90
1021/2 Jun
Dec
>
135%
Standard
37
Jan,;
35 V* May
$7 prior preferred—
No par
Oil of California—No par
300
7,500
36%
91
Nov
Oct
17,000
14%
*88 Va
37'A
91
*90
Oct
35%
Oct
Standard Oil of New Jersey—
13%
42
28
70
Standard Oil
95 Va
13%
20
39% Oct
20%
17,700
42 V*
14
62% Oct
2
28
*40%
May 20
18
29,800
14%
43
Feb
36% Jan
79 Va
*94 V*
14%
14%
*42
27%
114% Feb
42 3A
27%
79
Sep
57% May 19
Standard
42 Va
42%
78%
Jun
14
May 17
$6 prior preferred-:
2,700
78%
617/8
42
65'/a
22
J5
81
11,500
62%
Jan
Oct
22
No par
Standard G & E Co $4 pref__No par
700
90
100
,
54
23
28
'
$3.50 cum preferred
12,900
613A
62
27%
$
23
99 Va
62%
41%
7;
400
89 Va
101
62
01 Va
v
140
14,500
21%
91%
*90%
100%
117% Dec 26
Mar
May 20
34% Apr
Squibb, (E R) & Sons common
_1
$4 preferred--—:
No par
Standard Brands Inc com---No par
91%
Jan;.
27
5
4,500
100'A
92
101 '/a
20%
5% Oct
3,900
22%
61
Oct
3% May 20
18'A
85%
Jan
15
42
29'A
22
38%
23
13% Mar 14
18
85%
21
89
28 Va
22%
Feb
17% Dec
'23% Dec %4
18'A
26 V*
:
May; V
51
May 19
29% May 19
29%
87%
23'/«
22%
92 %
9 V*
22 Va
86
101 Va
9%
85 Va
567/e
38
Kellogg & Sons
1
Corp (The)———
1
Spiegel Inc common—
2
Conv $4.50 preferred
No par
9,300
*.85%
85
7
15
Sperry
9%
101 Va
v
Jun
Oct
Nov
5%
Jan
65
Spencer
21%
25%
yf
Feb
14%
33
8
41
40 Va Nov 29
1,900
85%
Jun
17% July
Apr 22
25
preferred (new)-:
California Edison
8,000
26%
43%
17
20%
•101%
8
Dec
29 V*
25%
6% Feb
Feb
Dec
27%
17
42
20%
101%
9 Va Feb
18
28%
25%
25%
26 V*
86
♦84%
,V,,;.23 ^
25%
'
I
10
35% Dec .26
14
Apr
Feb
14
18%
101
101
102
*101
22
39
29 Va
.
16
Apr.//
'
Jan
69%
,
26%
56
9%
18%
Sep
37 V* May 19
29%
69
17 V*
22% Jan
29%
20%
;
9%
70
10
75
*73
75
*73
18%
7Va
4
Spalding (A G) & Bros Inc__
1
Sparks Withington
No par
Spear & Co common—.,
——_ 1
$5.50
preferred-:—'No par
400
4%
72%
,
50
4%
18 Va
26%
71
16%
72
25%
71
4%
9%
•;
10 Va
1,200
16%
29%
21%
29%
29%
61%
4%
21 Va
28%
61
18
27% May 19
—25
Southern Natural Gas Co
7.50
Southern Pacific Co_
_Nocar
Southern Railway common—No par
5% non-cum preferred
100
Mobile & Ohio stock tr ctfs
100
12,9.00
16%
75
*73
73
-73
39 Va
21% Feb
6% May 19
^preferred—.^50
8%
34,600
39
26
91 Va May
24 V* May 19
Southern
2,800
23
49%
39% May
Jan
South Porto Rico Sugar com_hNo par
3,600
27%
23
Jan
77
14% May 28
200
42%-
23
19
Southeastern Greyhound Linps_„c_5
1,000
48 V*
75
*71
42%
5
7%
7%
7%
8
29
28%
61%
61%
4%
5»/e
5
75
*73
;
;
1
'
5
7
16
27%
23 Va
48%
5%
200
2,400
*41%
27%
22%
49 Va
62%
*71,
V
27%
48 V4
75
',47%
27 Va
,22%
-
3,100
42%
■
17
.
24,200
15%!
:*42%
42 Va
47,100
42%
42%
15%
1,000
6 Va
6
43
43
*41
27%
22 V^
4%
16
60
89
24
17%
4Va-
16%
4%
45 Va
15%
1,300
1,700
1,000
35
6
*42%
46 Va
60%
35 V*
23%
.17
6
"
>42 Va
44
44
Vr
4%
4%
4%
"■
16'/a
17
16 Va'
4Va
4 Va
45
*401/4
'
21V*
*85
23%
23%
4,000
21V*
89
*85
27,200
*58%
35%
35%
'
90
24 'A
37
*86 Va
600
17%
115
60%
108 Va
17,800
5,300
|
6
Feb
11% Dec
—15
if
$ ver share
11
14 V* Dec
America1
Silver King Coalition Mines———5
Simmons Co__
No par
Simonds Saw & Steel—
No par
Sinclair Oil Corp
—NO par
Skelly Oil Co—:
—,
15
Sloss-Sheffield Steel & Iron
20
Smith (A O) Corp.
—10
Smith (A) & Sons Carpet Co com—20
3%% cumulative preferred—100
Smith & Corona Typewriter—No par
Socony Vacuum Oil Co Inc——15
South Amer Gold & Platinum-——1
South Carolina E & G Co corn—7.50
Highest
.
8 per share
share
82
Dec
Sheraton Corp of
Lowest
33% Jan
May 19
73
No par
1
G)_
Pen Co—
Shell Union OH—:-V—
.
117%
•17 Va
'17%
108
60 Va
-t37.
107 Va
7
32%
33 Va
6%
33%
5%
'
116
21%
.vv 21;
V
6%
5 Va
*43 Va
109 Va
17.
6 V*
5'A
44 Va
17 Va
43 '/*
7,800
35
(W A)
Sheaiier
300
12,500
7%
DAY
7%
34
44 Va
■'16%
12%
35 Va
6%
*12%
CHRISTMAS
33%
5%
33 "A
5'/*
2,300
15%
7%
12%
34%
7
■$3.50 conv
Shattuck (Frank
700
73
15%
CLOSED
15%
33%
7%
33%
: '
73
18
common—No par
pref series A—No par
Sharpe 6c Dohme
2,300
23%
I per
$ per share
Par
Shares
share
23%'
76
*12%
33%
12 Va
*12
7%
5%
6%
6%
-
33
:,V,,
24%
76
12 Va
33
32 %
24%
15
$ per
23%'"'24
76 Va
14%
15
is:;;,
*12
• per jfhare
$ per phpre
24%
24%
*76
t per share
Year 1946
Range Since January 1
Lowest
Highest
STOCK
EXCHANGE
the Week
Dec. 36
Dec, 25
Dec. 24
Dec. 23
slipre
f per
share
24%
'
;
Dec. 22
YORK
NEW
Sales for
Friday
Thursday
Wednesday
Tuesday
Monday
Dec. 20
HIGH SALE PRICES
AND
LOW
5% conv.prior preferred
Twin
Coach
50
1
Co
99
37%
Oct
48
Jan
6
46%
Not
Jun
27
102%
Dec
38% Jan
6
63% May
70
106%
May
Jan
94% Dec
26
104
7% Dec
15
16
Feb
11
11%
Oct
24
Nov
20
51% Feb
18
43%
Deo
71%
Apr
Apr
9% May 19
17% Oct
14
11% Not
26%
Jan
30
U
*12%
12 Va
12 Va
12%
12%
50%
51
50%
51
50 Va
50
10%
10%
11
11
10%
♦
*12
32%
100%
*106
-*91 Va
*90
24%
156
10%
33 Va
32%
33%
V
101%
101%
107%
107 %
107 Va
101
♦91%
95
90%
99
*34 Va
35
90
25 Va
25
157'/a
*99
90
95
Va;
25%
157%
158%
100 Va
100 Va
35
35%
>
33
100%
*106
*91%
89%
25%
159
12'/*
50%
10%
34'/*
35 V*
100%
101%
101
101%
108
106
106
95
*87
95
*87
95
90
87
87
*85'/*
87%
26%
26%
27
162
*100% 101
34%
12'/a
34%
,
162%
101% 101%
160
*34'/*
35
*104
26
159
*101%
34
20
106
50
290
15,000
26%
1,500
159
102
.;
.200
34
;v
700
Udyllte Corp
1
(The)
No
Co__
Union Bag & Paper
—No
Union Carbide & Carbon
No
Un El Co of Mo pfd $4.50 ser__No
Preferred $3.70 series—r_No
Preferred $3.50 series
No
Union Oil of California
Corp
Union Pacif'c RR Co common
4%
Union
non-cum
Tank
preferred
Car—
12% July
2
15% July 23
80% May
43% May 19
9% May 17
Sep
15% Jan
7
25
49
5
12
Not
37% Oct
16
23
Jan
39
par
25% May 19
May
11
88
Sep
125
Mar 31
111
Jun
115%
Apr
Jan
106% Sep 30
Jun
6
106
Feb
111
96
Dec
107%
20%
Not
par
par
par
89% Jan
106
Dec
15
110% July
24
115
par
91% Dec
15
par
87
Dec
24
25
100
,100
No l)'ar
20
58 Va Feb
Apr 14
104
27
Dec
23
Apr
15
162% Pec 24
977/a Nov
14
111
120
30
May 21
Feb
38% Feb
26
10
110
102%
32
23%
29
Apr
Oct
Jun
May
Feb
Oct
168%
Oct
120 y* Mar
Sep
42 V*
(
Jan
Volume
166
Number 4659
THE
COMMERCIAL
NEW
LOW
AND
SALE
HIGH
Saturday
Monday
Tuesday
Dec. 20
.Dec. 22
Dec. 28
S per share
24 %
$ per share
25 %'
24'/4
t per share
-
25%
24%
Dec. 24
23%
106
16%
17
16'/a
17
16
16%
16
83
82
83%
81
81 J/e
79¥4
80 J/2
21%
21%
*105
21%
22
22
22
34%
34%.
32'A
34%
34%
34%
34'A
'34'A
23'A
CLOSED
31%
31
31%
'30'/4
4%
4%
53%
54%
53%
2%
2%
2%
'54
56
2%
2%
'42 J/4
421/a
6%
.
42
69%
18%
211/4
22
1.200
33%
40%
54 J
54%
a
21
18%
40
55
21%
:
18%
46.
■'-!»(.
-
/
.55%
34»/4
1,400
32%
400
15
15
4%
51'/a
2'/a
2%
43
18% •18%
40
19
40
40 '/♦
*39,1/4
40'/a
54%
53%
54'/,
;n.
20%
21 J/a
21%
21 '/a
*20%
211/a
16%
16%
16%
16%
.16%
4,500
15
15
15
15 —;
21%
21%
22
94/%;
15
;•
21%
105
22%
93
94
v.'
93
93
-
18%
*14%
rf.«.;2VJ/a
"'
136
V
•
44
51
51
34
v
..
.-43%
"
,1(
46%
'
43
43%
20%
211/s
4,900
9'/a
100
431/4
43%
1,500
52
34%
137
42
137
44
44%.
67
80
79%
136'%
136%
136
136'/a
136
1351/a
136'A
19%
19%
18%
39%
'3%
5%
135
19
39%
5%
r • io%
'98
'10%
'34
10%
*98
5%
100
5%
5%
10 »/8
*35%
37%
*35 J/4
37%
17%
17%
17%
%
5
23
*22%
23
*163%
165
*163%
165
4
23%
23
4%
4%
4%
4%
22'/a
9%
4,900
163 '/a
5%
8,600
37%
500
2,200
22
*1581/8
700
163 %
40
14%
15%
14%
15
14%
14%
13%
14%
57%
131/4
14
58%
57%
59%
10,500
60
61
58 Va
59
58
60
920
15%
14 Va
*28
15%
15%
14%
14%
15
15%
15
15V4
14%
15
37
15%
*36
37
40%
41
43%
44
46
44%
45%
14%
14%
14%
14%
Hi/a
14%
14'/4
13%
14
28%
28%
15%
29
15%
15%
29%
29%
15%
151%
29
28%
15%
15
'
84
*84
87
84
84
*84
87
90
*85
90
*85
90
*85
90
48%
*48
49
*48
49
95
*89
93
*88
93
48%
,48%
*90
48%
-
95
*90
94
*9%
*105
15%
*90
9%
*105
15%
111%
120
125
37
36
37%
32%
32
32
9%
*105
111%
131
32
32%
15%
112%
36
36
15%
107%
36%
-
.
108%
31%
34%
33
34
34%
33
*32%
34
*32%
*32%
34
*32%
.
LOW
AND
HIGH
Monday
Tuesday
Dec. 20
,Dec. 22
Dec. 22
$ per share
34
34
341/2
SALE
1,000
9,200
110
*34
31
180
36%
32%
.
2,100
1,800
34%
800
32%
2,570
34
-
$ per share
non-c
—1
2d pfd—5
preferred,
conv
^Nopar
United Wall Paper Inc
15% Oct
32% May
109% July
preferred
Universal-Cvclops Steel Corp
Universal Laboratories Inc__—
Universal
8%
Leaf
—
Tobacco
41/4%
14
13
Nor
83
Bep
132
1 May
Dec
*205
Sep
187%
33% Jan
26
94
80
Sep
53% Feb 13
9% Oct 22
Friday
39% Nov
22
67
5
Dec
9
Dec
Not
19
69
Sep
100
5
60% Feb
165
May 17
Dec 22"
80
Dec
5
Jan
8
142
21
47
10
May 17
i'/a May 20
22
Feb
7
7
26
20
7
187
May
25
Not
22
Mar
77% Deo
Feb
17%
t per share
J per share
200%, Apr
49% Jan
101
Apr
Not
39
14'/a Dec 11
18% Feb
IB
15%
Oct
25%
Apr
_10
preferred
Victor Chemical Works
30'/a May 17
46
24
35
Nov
58%
12J/4 May 19
20% Jan
Apr
Jun
26% Dec
39
100
31/2% preferred 2nd series——100
Va-Carolina Chemical com—No. par
19
Dec
6
20
Jan
36%
104% May 14
97'A Oct 21
10% Nov
Oct
91% Nov
13
50% Nov 22
18
Sep
Oct
1Q0
24
121
Feb
Aug 25
341/4 Dec 10
31% Dec 24
128
Dec
9
80
Jan
45
Feb
21
40
Dec
17
37
Sep
32% Nov
85
25
19
23
117%
5
40
Jan
5
31
Oct
10
38
Feb
17
20
31
Dec
26
33% Nov
30
Aug 21
33% Oct
Dec
123% Apr
Apr
53
July
105
21
20
31
STOCK
'
Par
t'per share
45%
Jan
52
Apr
Range for Previous
Range Since January 1
Lowest.
Highest
EXCHANGE
Shares
May
12% Jan
99% July
29
1071/a Dec
100
100
Feb
53
5% Dec
63% Sep
19
Nov
Nov
115
108% Aug
14
16% Oct
26%
51% Apr
May
113
Sep
May 19
112
Feb
Dec
69
—25
Vulcan Detinning Co common
7% cumulative preferred
15%
30
83%
2
Feb
94
26
Dec
Dec
94% Feb
25
5'/a May 19
partic preferred
100
Virginia Elec & Pwr Co com—No par
_
851/4 Nov
95
div
pfd
Virginian Ry Co common
6% preferred
Visking Corp (The) class A
6
Nov
90
100
Va Iron Coal & Coke 8%
84
351/2 May 19
common—5
preferred
NEW YORK
Jan
11% July
July
27% Feb
22
Apr
2.50
Vertientes-Camaguey Sugar Coj_6%
the Week
Jan
54
Deo
192
13%. May 17
9%
-128
Deo
8
29% Feb
3
91% Feb 13
19
13% Dec
57% Dec
18%
11% Feb 10
23% Dec 11
26
Jun
20% Apr
Sep
Sep
41
Feb
29% Jan
55%
4% Sep
7% Oct
Nov
Feb
Feb
97% Feb
Not
100%
*
166
20% Not
12% Feb 21
109% Jun 18
10% Jan 30
16
163'/a Dec
Dec
19
Feb
84%
89
Sep
65% Oct
17
Dec
187
*72
Mar 27
Feb
20
Nov
;
8'/a Oct
13
Dec
Oct
.Apr
Feb
13.
Jan
Deo
80
48% Feb
22
Apr
39%
106
40% Oct
23
23
84
Dec
Sep
144
28
150
8
11
Feb
61% May 19
Dec 26
98
Feb
11% July
.60% May
48% NOT
51% July 28
133
,
36%
11
81
Xl7% Nov 26
39 >/a Dec
Feb
May
13% Jan
44
Jan
25% Aug
25
Sep
13% Jed
35
73
20
Dec
5
62
Sep
39
Jan
2
103% July 24
May 19
Dec
6%
Feb
47% Apr
98% Aug
37% NOT
24% Oct 24
10
Apr 10
46% Oct 20
May 19
23%
94%
40'A
127%
381/2
6
Feb IS
52
2.50
Vicks Shreve & Pacific Ry com__ 100
Sales for
Dec. 26
Dec. 25
29%
Feb
26
5% May 19
25% Jan
3
STOCKS
Thursday.
Nov
12
?- Dec
.1
-
cumulative
101
71%- Dec
1
;
Inc
preferred
24
28
5
Vick Chemical Co
$5
Dec
Jan
11
com
Co
non-cum
12
.100
Inc
106
5'/a Dec
—100"
Pictures Co
Apr
Aug
20% Oct 18
107% Feb 11
196% Mar 29
34% Dec
1
preierred
31/2%
1
May 19
,
_2
new.No par
preferred
Universal
Dec
_5Q
common
cum conv
PRICES
Dec. 24
15% July
2.3% Oct 20
United Stockyards Corp—l—
6%
•
128
*321/2
Wednesday
S per share
10
108
.
preferred—-—25
United Stores $4.20
5%
200
15%
32%
.
34
34%
Saturday
I per share
36
34
34
*32%
50
9%
*120
37%
32%
400
107
108
128
*120
par ;:
Raalte Co
95
15
15%
15%
-No
Norman
6,500
22
Sep
37
;
—No par:
100
Vanadium Corp of America—No par
48%
9%
•*105
non-cum
Oct
9%
46% Dec 15
—50
Tobacco Co com.
7%
12%
35
50-'
—L——;
—
S
17
19% Feb 21
9% Dec 22
100
U S Smelting Ref & Min com
Preferred
19% Feb
16
Jan
16% Jan
lo i
—
Van
90
*85
9%
common
1st preferred
Van
90
90
IO91/2
33
34%
*32%
-
*85
Co
non-cum
Jan
53% Aug
■
1 >s
1,500
87
*47%
Rubber
8%
66
30%
'
100
1,300
.
'
95
*88
10
1091%
*121
131
36
95
9%
'105
15%
112
*122
*89
10%
107
111%
15%
112
94
*90
10
107
*84
U S
105% Aug
21% Feb
Oct
.
*.-10
j
5,200
*
29
'28%
84
*85
15%
5'i
100;'
Plywood Corp common
-3%%. cum pfd series. A
4%
4%
20
Playing Card CO-^
Dec
71% Mar
Oct
177% Dec
U S
$6
18
4%
22'/a
163'/a
40
900
5%
U S
Nov
34%
18%
6
12% May 19
-
:.
12%
2
41%
86
.
.—No par.
U
100
18
18
a
2
14
Jan
6
Dec
91
Co common;_r;
4%% preferred
——1(>;
U S Pipe dc Foundry
20
U 8 Steel Corp common.
Preferred
5%
*34
17%
37%
165
*98
5%
class
conv
Jan
191/a Oct
14
7%
56% July
16% Aug
15% May 19
.100
-
7,500
401/4
9%
100
*98
Partic &
Oct
Deo
12% May 17
20
Corp
1,500
35,700
19%
<
Machine
95
May
17% Apr
Sep
89
,.
Oct
8%
,43% Jan
May 17
40
Oct
59% July 25
No par
-
preferred
15
3%
44
10
Oct
Deo
12
U S Lines
400
79%
5%
10
9%
100
*39
5%
*35
4%
39%
5%
6,300
135
19%
5%
*17
4%
'23
9%
*98
39'/a
5%
133
5%
18
'163 %
40%
-
5%
37%
18
19%
40%,
5%
5%
10%
100
5%
19
100
Hoffman
Jan
241/4 Jan
1
Industrial Chemicals—No par : !
U S Leather Co common—_»No par: -
600
78 %
67
77%
19
3,900
'
.
6,100
67
67
78%
40%
.
137
43
.
67
78
18%
,
-
80
67
78%
*67
300
,
■
67'/a
.
67%
'39%
.34%
v
*94% %9b
46
45%
46%
137
51%
34%
95
46'/4
-43 %
*51
S
4%%
Jan
54%
<.
U S
.300
*9'/8
rc«u%
'.
37%
9%
:P' 77 %
'
2,600
21%
*94%
"
137
42%
2,700
43%
3,4%
94 '/a
46%
137'
•
8'/a
*36
U
170
t
43%
,
34% -.34%
94%
136
8%
,
37
*$1
34%
3,100
73
'9%
52
52
.
.14
31
10 J/4 Feb
78
53J/4 Mar 27
8
20
No par
No par
U S Freight Co—
—•
U S Gypsum Co common—
4'/a Jan
6%
10
65'/a Dec
13'/a /
/-
23%
8
Jan
5
44% Jan
Jan
118
5
24
8% Feb
83
11 J/4 May 20
10
\
y.:
241/4 Nov
33'/a Nov
Dec
33
37%
Deo
19% Nov
1
5% Dec
■
101
34% Dee 22
8
41
J per share
16% Not
5
10
?
Highest
$ per share
2
11
Paperboard
7% preferred-;
41
21
.
9'/a
44
600
1,400
71%
'
47%
136
43%
;
14
8%
3% Dec
2% Dec
Co---—-i—Nopar;. ?
$4.50 preferred
,
177
401/2
37
21%
.
*9%
95
*94%
46%
47'%
136
43
21%
18'/a
104%
104'/a
*1701/4
74
8%
37%
'
9%
433/4
33%
94%
94%
J' 46%-
*36%
*18%
120
1,
5
U S & Foreign Secuflties
7,700
'
95
41%
41
8%
-
'•9%
51
33%
7
7%
37
44%
'49%
40%
21'/a
"
141/4
'73
74
40%
%*
14
United
9
Sep
28'/a Apr
12Q% Apr
10
26% Jan 15
51% Dec
..
*93.
■
18'/2 Sep
110
28'/a Jun
5 p
United Gas Improvement Co
United Merch & Mfrs Inc com
600
24
1
,
j'\';\}
177
'170%
14%
*73
21% ,21%
9% '
:•
44
8
*36
21%
'*?* *'9%t
14%
40%
7%
177
15
v
21%
18%
18%
104% 104%
105
*174
75%
39%
18%
18%
104%
•
15
*73
,
•
177%
14%
'73
75%
39 %- ' 39%
: '7%rf'' 7%
37:''•v-'-' 37 f
'
-t
105
*m
14%' : 14%
'
18%
105
'174 : v 177%
*93
1
'
•
21%
Dec
Lowest
25% Dec 20
,
8
26
75
United Engineering & Foundry
United Fruit
1,800
16%
preference
Dec
15% Dec
100
United Electric Coal Cos
2,000
16%
p 15
93 ,
18%
18%
-105":
.
19
21%
V-;
,
$3
.6,200
18%
-
102
United Dyewood Corp common—_1 ?-.i
Preferred
100
1600
55J/4
v.
.
16%
21%
'92%
800
I per share
16% May 19
No par
.$3.50 convertible preferred
2,000
6%
$ per share
preferred—lOO;
—No par.'
United Corp common
69
Year 1946
Highest
Par
f
United-Carr Fastener Corp—No
par
United Cig-Whelan Stores com—30a
420
42%
*6
cumulative
United Biscuit Co
United Carbon Co
51,700
18%
,.
55%
41/2%
11,800
2%
*67
'
'
4%
52
42%
6%
69%
6
'68'/a
4,000
21%
i6%
21 %
4%
6
69"%
£4%
'
i6%
4
53%
40
.
.
DAY
2%
41%
.
41%
6
*68%
69%
29,400
-
4%
2%
Year 1946
Lowest
S per share
$ per share
feighest
$ per share
W
64 %
64%
64%
64%
*65
66'/2
*64%
64%
64%
300
Wabash
15
14%
14%
'14%
14%
14%
14%
CHRISTMAS
14%
14%
400
*31%
32
31%
31%
31%
31%
31 %
31 %
Waldorf System
DAY
No par
*100%
31%
315/s
101
800
*100%
100%
100%
100 ¥8
Walgreen Co common
4% preferred
No par
6,100
Walker
3,800
Walworth Co
No par ;
No par
'14%
21%
9%
*100%
101
21%
21%
22%
10
9%
10
21%
9%
21 ¥4
22
10
65
OT.OSED
.
*100 ¥8
101
21 ¥4
22
22
9%
101/8
*11%
11%
11
11%
11
11%
10 ¥4
11%
*92%
95
92%
92%
*91
92%
91 %
91%
13%
13%
31%
48
13
33
47'%
13%
12%
32%
-I
33
*32%
47%
48
48%
13%
12 ¥4
*32 »/4
,9%
11
91%
331/4
51
93
12%
*32
52%
50
97/a
11
131/8
33%
52
50%
•
2,200
Warner
-
800
7,900
preferred
100
119%
119%
120%
Pictures
20%
20%
18%
18%
18%
18%
20%
20%
20%
21
30%
30%
31%
'30%
6%
48%
6%
20%
20'/a
6%
6%
110
20%
2,200
18 5/8
1,300
21%
1,100
2,700
Wayne
4.000
Webster Tobacco
2,000
18%
18%
18%
*18%
21Va
21
21
*21
30%
31
30%
5%
6%
6
20%
20
311/4
30%
61/4
5 ¥4
31
6
48%
48%
491/4
48%
49
48 ¥4
49 ¥a
48%
*85
86 %
48%
85
85%
*85%
86
85 ¥4
85 ¥t
86
86
24
24%
23%
24'/a
23%
241/B
23 ¥4
24
22%
23 ¥4
*106%
270
10,700
108
*106
108
*106
108
,113%
114%
'112%
114%
*113
114%
*107%
108%
106
107%
*104%
106
*103
104%
109%
109%
109%
109%
*108
109 %
*105
109
107%
,41%
42%
107%
41%
30
42%
43
43
43%
43%
1,100
i
*107%
108%
*7%
7%
-
,41
>■- 8¥a
.
*107
42
108%
42%
107
*105
107
114
114
*105
114%
*103
7%
200
67/8
1,100
41%
40%
41%
4,300
Western
87/a
8%
8 ¥B
8 5/8
2,700
Western
30
29%
30%
30 ¥4
30%
297/a
30¥a
73
73
72%
73
72%
721/4
205/s
21%
22%
20%
21%
37%
37%
37%
37%
37%
37%
>30%
30%
30
30%
29%
30 ¥a
9?
*90%
9
31%
*30
31%
*29%
31
800
28V2
29
2,200
*72
727/a
900
11,000
20 ¥8
20
20 ¥8
371%
36 %
36%
31
30%
30
*901/4
91
211/8
36¥s
30'/a
.
91
90%
91
210
800
5,900
7%
28,200
95 ¥4
95 ¥4
95
95%
96
96
96
96
31
31
31 ¥4
31 ¥t
32
*94%
32%
95%
32
32%
31 ¥4
31 ¥4
1,200
41%
85%
*41%
43%
800
40
>
.
*75
40%
40%
*40%
41
41%
86%
86%
86%
85%
87
85
*75
80
*100%
100 ¥8
100%
47%
48 ¥a
48%
91%
23'/4
13 ¥4
; *91 •
.
911/4
27%.;,
*27
*30%
121/4.
23%./
13%
91 ¥4
*27
23%
13%
80
*75
100%.
*100%
48%
49
92
27%
23%
14
90%
80
*75
100%
100%
50
49
91
23%
23 ¥4
23%
131/4
12%
92?8
*91
*30%
31
*30%
31
*301/4
12%;
12
12%
48%
1,800
90%
91
13
31
12%
12%
'
12%
927/a
3,1
J21L
.
48%
237/a
127/s
*91
860
80
250
27%
92%
85
100 5/s
91%
27%
*91
For footnotes see page 24
*75
*100%
49
277/8
92 %
...
84%
78
100 %
91%
*27
13
26
52% Dec
127% Dec
24
18%
preferred
Electric
A__No par •
100;
4%%
23% Aug
50
Jan
Jan
39
Dec
100
preferred
24
17
27
Jan
22
16
83% May 22
21% May 19
7
-
32% May 19
105
Dec
26
Jan
Sep
9% Sep
31%
Feb
16% Apr
43% July
45
Apr
108
Sep
Sep
Sep
Sep
119
Aug
14
115
Jan
122%
Feb
14
4
112% Jan
t
Sep
47%
85%
Feb
105
16
29%
52% Nov 21
121% Jan
Dec
34%
90
112% Nov 26
105
35% Mar
20
Sep
20% Oct
31
4
12% Jan
-
Feb
25% Dec
"
34% Jan
2
117% Mar 11
May 6
107% Dec 26
100
41
11
f
—100;
pfd
9
Dec
37 »/2 Jan
-
1
class
Oct
Nov
26
130
5% Dec
No par
Oct
29
47
Oct
14
113
Jan
27
106
Sep
113% Oct
32% Nov
111% Sep
7% Deo
116% Aug 19
89% Aug
117% Aug
119% May
53% Jun
Western Air Lines Inc
4%
2nd
Pacific
RR
5% May 19
lO'/aJan
4
10 )
Auto Supply Co_
Maryland Ry com
non-cum
Western
1'
116% Apr
38% May 19
100
pfd
100
75% Jan
6
May 16
9% Dec
9
9% May 17
(
32% Dec
10
14
18
27
Sep
Sep
Sep
Mar 29
71
Oct
4
26V2 Dec
3
42% Feb
65
Dec
5
90
Western Union Teleg class A_No par
17
May 19
Westinghouse Air Brake
No par ;
Westinghouse Electric com
-12%
31/2% cum pfd series A
100
3.80% cum pfd series B——100^
27% May 19
Preferred
Weston
series
Elec
No par
com
A„
100
Instrument
22% May 19
88
Dec
,
95
Dec
22
Nov
17
—12.50
v
30
No par
•
28
9
.26% Sep
38% Oct
31
105
Dec
57
5%
17
18%
Jan
35
Jan
90% May
13% Jan
32%
Jan
56%
Jun
101
Apr
Oct
53%
22
26%
Oct
41%
24
21%
Nov
39%
Jan
91
Dec
95
Deo
39
May
Aug 20
Jan
Jun
106% July 21
55
Jan
24
63 % Jun
Westvaco Chlorine Prod—
40
,861/2
5
West Va Pulp & Paper com„No par
41 ¥tt
91
1
Inc
West Penn Power 4%%
42
71
92
Jail
Sep 30
30'/a May 23
—5
preferred.
preferred
41%
20%
.
5
Indies Sugar Corp
42%
70
*91
conv
Sep
29%
20% Jun
18% July
107% Feb
I
29%
,
$4
*6%
8
..
16%
:22
8
67/8
30
S
100
18
106 %
9
7
26% Feb
West
Oct
xll% Mar
36% Nov 21
20
67/a
*30%
—
Knitting Mills
Wayne Pump Co
106%
9
18% Feb
9%
7
23% Feb
7
31%
5
13
Sep
107
¥4
19% Feb
106% Mar
Dec
41%
42
Mar
20
6 r/o
130
111
105
7
3
17% May 20
60
105
Apr
23% Not
July 17
13% Feb
Waukesha Motor Co
6%
9
.
114%
.
conv
cum
West Penn
104%
Apr
preferred
100
Washington Gas Light Co—No par
7%
105
——;
Jun
54
99
6%
30
30
.
107
3%%
Feb
23%
24% Jan
May 14
125% Dec
Wesson Oil & Sno'wdr com—No par
201/4
18%
20%
31
5
com
1,390
Called
86
Oct
Dec
109
11
Dec
-
Sep
15%
33%
11
"
127 7/a
20%
*21
130
(
86
36% Feb
11
Dec
Dec
12
21
par
127%
129%
78% Feb 18
17% Jan 25
xl7% May 14
7% May 19
10% Dec 24
91
5
No
1251/a
120%
128
100 <
100
Warren Foundry & Pipe
Warren Petroleum Corp
Apr 16
13% Apr 21
29% Apr 30
1
preferred
Bros
57
—100
(Hiram) G & W
5%%
22,200
127/a
33
4%%
Ward Baking Co common
140
"515/s
RR
125%
118%
23
Range for Previous
Range Since January 1
Lowest
United Aircraft Corp common
5
5% convertible preferred
;_10G
United Air Lines Inc common
10
100
16
79%
53'/a
54
41%
6%
*68%
18%
.40%
42%
*6
6»/a
'68
4%
•17,100
106
v
STOCK
EXCHANGE
.
75
31
4'/4
4'/2
NEW YORK
Shares
24
15%
CHRISTMAS
34%
31%
4 %
-
Sper share
*29%
21%
5131%
the Week
106
21%
(2679)
RECORD
Sales for
Dec. 26
5
.
106
'105
106
Friday
:
;
$ per share
161/8
82 %
106
STOCK
CHRONICLE
STOCKS
Dec. 25
24 J/a
c104 Va
*104%
YORK
Thursday
•.
per share
$
24%
FINANCIAL
PRICES
Wednesday
«
&
*27
380
28
100
Common
$3.75 preferredWheeling As L Erie Ry
5%% conv preferred
■hvri sis'
237/a
4.000
White
12 5/s
12 ¥4
1.800
White
*91
927/a
30
;
30%" V
12
12%
f
2
200
4,600
—No par
100
com
-—-100;
Wheeling Steel Corp com
No
$5 conv prior pref
No
White Dental Mfg (The S S)
23 %
•ui-nis K;
,—
$4
Motor
Co
Sewing Machine
conv
preferred
Prior
Wilcox
preferred
Oil
Co
84% Dec
9
75
Oct 27
May: 2
103
May 19
par r
90
Dec
1
No par
20
5
98
8
26% May 19
19% May 19
9% May 19
84
^
53% Oct 21
101%
Nov
63
Aug
72
Jan
100
Feb 13
31
20
411/2 Dec 24
102% July 18
62% Mar 27
99
par
1
com
May 14
Oct
106
Jan
Not
62% May
107% July
36%
90% Nov
Mar 31
107%
Jan
Feb
7
Feb
44
29% Feb
8
21% Nov
44
17% Feb
1
11% Nov
23% July
3
81%
Sep
105
30
Nov
36
Oct
12%
34
July 31
90
Feb
29% May 13
5% May 17
34
Feb
13
12% Dec
20
27%
.;
5%
May
Jan
July
May
Jan
,
24
,1ec. 22
t per share
shore
t pet share
$
the Week
*
9%
f%
9%
9Vb
9%
8%
56'/a
57
5U/4
56j/4
56 Va
143'a
14%
14%
14%
141/2
♦83^8
90 /
*88%
*88%
17%
17%
173/4
1,000
Willys-Overland Motors com
$4.50 oonv pfd series A_.„.Wn
4,600
Wilson & Co Inc com
83%
88%
christmas
17%
17%
day
15%
151/4
15%
12,100
*125
25,100
Pwr
••
136
6%
323/4
*321/4
323/4
32
321/4
-1%'
31%
Woodward
Iron
45 %
45%
45%
46
451/B
46
45%
451/2
6,800
Woolworth
iF W)
45 J/4
63
631/2
63
64
G2%
62%
1,700
Worthington
*78
80
*78
79
200
*88
89
*87%
89
80
*55%
57%
*55
57
10
63J/2
80
78
79%
88
63
88
88
63
•«
*79
88
80
*78
89
87:
*57
59
*57
59
58
58
>64
65
*65
65
C4
v
64
9'/4
9%
91/2
S'/a
9%
2,700
•
'
12
1.2
12
3£%
39%
35
12 %
39>%
34%
11%
12
39
21%
.
38%
21%
*21
*
21%
21%
73
79
79
79V4
78%
79%
17%
17%
17%
18
17%
17%
2:%
24
231/4
*5 Va
6
5%
York
21%
ra
2IV2
21%
Yale
3,400
33%
37%
39%
2,700
12
11%
Corp
79%
71 %
79%-
17%
cum
101
July
28
95%
Sep
Nov
19
151/*
Oct
19
Nov
21
Oct
17
31% Dec
26
43
135
145% May 19
142
213/4
Feb
160
Mar
Jun
May
Feb
52
433/4
Sep
62% May
68% Feb
47
Sep
74
35
Dec
53
May 19
48 V4 May 19
FeD
4
-34
Aug
75
Dec
12
100
Apr
Dec
12
94% Apr
Feb
84% Sep
83
100
871/2
Sep
103
May
57
Oct
29
80
751/4
Dec
106
Nov
23
70% Mar
62
8
.
t
f
Feb
r
I sUV.. vf/.-'-V
Feb
82'/a
Apr
25%
59% Oct
13 % Dee
18% Feb
May 17
Jun
V;;
1
50
preferred—
2,400
45
33
Oct
61% July
131/4
Nov
27 Va
Jan
23
15%
Oct
35%
Jan
Jan
3
10"o May 19
163/4 Feb
11
373/4 Dec
50% Mar 31
331/2 Aug 28
25
Co
—No
Wire
Youngstown Sheet & Tube..—No
—No
Youngstown Steel Door
8,900
17%
Mfg
common
Young Spring &
400
17%
79
'17%
Jan
20
Y
.
Towne
&
41/2 %
1,200
*
July
'
34%
35%
12% *:■
21%
39%
*2.'.%
.
35 %
11%
35%
21
99
P & M
Y YY
35
:4i/4
33%
Sep
26
(
•
121/s
22
i
r
23
27
(Del).—No par
Prior pfd 41/2% series—.
i_100
Prior pfd 4%%
conv series
10o
No par
Wright Aeronautical
Wrigley (Wm) Jr (Del)
5
Wyandotte Worsted Co
COO
9%
9%
9%
93/b
64
63%
65
65
9%
Jan
Oct
10
Co
:26%
Nov
9
17
10
(new).
Co
323/4
600
33%
45 %
11
64% Oct 24
•
Jun
inn
_.
$ per share
$ per share
151/a Dec
16
10
Co "Reg Way"_lO
erred
pre
Highest
Lowest
13% Feb
6% May 17
51% Sep 10
10% May 19
—
♦32'/2
€4
1
88% Dec
Co
El
$ per share
nar
No par
preferred
Wilson-Jones
Wisconsin
900
15%
15%
$•*.25
100
18
*17%
139
*130
139
*130
138
*130
138
151/B
16
15%
15%
15%
♦130
17%
173/4
89%
17%
90
*88%
90
P%"
14%/
r-r r\c—
Highest
$ per share
Par
'
53
8%
14%
93/4
*
14%
561/a
14 Va
£9
7.4%
Year 1946
Lowest
57V4
9%
♦57%
Range for Previous
Range Since January 1,
STOCK
YORK
EXCHANGE
Shares
$ pei snare
$ per share
share
per
Sales for
Dec.
Dec. 25
"
"
NEW
Friday
Thursday
Dec. 24
Dec, 23
Monday, December 29, 1947
STOCKS
PRICES
Wednesday
Tuesday
Monday
1)30. 20
8ALE
HIGH
AND
LOW
Saturday
\
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2680)
14 va
par
24
23% Oct
May 19
par
53 9/4 Mav 17
83
Oct
20
57%
Sep
83% May
par
15
May 17
21% Feb
21
If
Nov
31
14, Va
May 19
19%
Dec
42%
Jan
Sep
14%
Apr
Jan
«
4
Z
asked
and
•Bid
no
prices;
tin receivership,
sales on this day.
a
n New stock,
Deferred delivery,
Railroad
'A'"
and Miscel.
26, 10i7
Week Ended Dec.
Foreign
Bftturaa,
Mondav
""1—1
Tuesday
Wednesday
lj-191,070
-
-L—
Thursday
1 4,261,000
308,000
157,000
$360,000
$79,000
Jan. 1
1946
7\8 80 0
19,786,700
951,227,900
1 250,636,000
AND
HIGH
Dec. 20
Low
Low
High
104.1
*'03.31
104.1
*106.13
106.15
*103.13
106.15
*109.7
7.C9.9
*109.7
109.9
*109.7
*100.14
Low
*103.31
High
*103.31
*
106.13
High
SALE
Dec. 24
Low
High
Thursday
Friday
Dec. 2*5
Dec.
Low
High
Low
High
*103.28
103.30
1C4.1
*103.28
106.15
*108.2
105.4
109.9
*106.24
106.26
closed
106.4
106.4
*106.24
5,003
3s
104.25 Sep 30
106.14 Dec 26
106.6 Feb 21
108.21 Feb 4
1955-ia«n
ill.23 Sep 22
112.6
3 %s
-1948-1951
1951-1954
101.8 July 24
,flR 13 -Tnjv 24
1956-1959
103.16 Dec 24
1C3.2
Treasury
2%s
1958-1963
1960-1965
—1948
100.15
christmas
*100.13
104.30
day
*704.28
104.30
108.16
108.16
*107
107.2
*110.19
110.21
108.2
*108
UTreasury 2%s
100.15
*104.28
109.21
*108
Treasury
1949-1952
1951-1955
97/„e
Treasury
2%s
*100.13
105.6
*109.19
3,000
r.o.2i
*110.19
110.21
111.29
*111.27
111.29
*111.27
111.29
*109.8
109.10
*108.8
109.10
*111.27
Treasury
2%s
*7.01.6
101.8
*101.6
101.8
*101.5
101.7
101.7
Treasury
101.9
*101.5
*101.7
2%s
*102.24
102.26
*102.23
in1? 9.5
*102.23
102.25
*102.20
102.22
*102.20
102.22
Treasury
2%s
*103.19
103.21
*103.19
103.21
*103.12
103.14
*103.12
Treasury
2 %£
1C3.21
103.14
*103 19
1C3 :74
*103 21
103.23
*103.21
103.23
*103.4
103.6
*103.4
103.6
*103.22
Treasury
2'/2s
105.3
*105.1
105.3
*105.1
105.3
*102.24
102.26
*102 24
V2.26
*105.1
Treasury
2%s
112.22
*102.20
102.22
*102,20
102.22
*101.8
101.10
*101.8
101.10
Treasury
2%s
*102.20
102.8
*102.6
102.8
*102.6
102.8
*101
101.2
*101
101.2
Treasury
2%s
101.27
*101.28
101.30
*100.24
100.26
*100.24
100.26
*101.24
<>•}
*101 26
101.28
*100.24
100.26
*100.24
101.24
*101.25
101.27
*100.24
100.26
*100.24
100.26
.6
'..24
'.O
*101.24
101.26
*100.16
100.18
*100 16
1^1
101.2
*100.8
100.10
*100.8
*103.7
103.9
*100.8
100.10
*101
101.2
*101
101.2
100.7
*101
101.2
*101
101.2
*103.7
103.9
*103.7
103.9
*101
100.7
100.7
35,000
2%s
—1965-1970
1966-1971
June 1967-1972
.
Dec. 1964-1969
2%s
Treasury 2i/"s
101.2
100.7
2%s
Treasury
Treasury 2%s
1,010
Sent. 1967-1972
Treasury
2%s
101 2
*101
*103.29
103.31
*103.29
10.3.31
*103.29
103.31
*103.20
103.22
*103.20
103.22
Treasury
2 %s
*102.22
*102.22
102.24
*102.4
102.6
*102.4
102.6
Treasury
2 Vis
Treasury
2Vis
2%s'
*102.22
102.24
•105.18
105.20
*105.17
105.19
*105.18
105.20
*104.8
104.10
*103.11
103.13
*103.11
103.13
*101.8
101.10
104.10
*104.8
102.13
101.7
100.15
*100 13
100.15
*100.13
100.15
*100
*100 13-100.15
*10013
100.15
*100.13
100.15
100
*100 13
101.7
100.2
*100
*100
lfO 2
*7.00 7
1C0.9
*100.7
100.9
*100.7
100.9
*100.6
100.8
*100.6
7.01.5
*101.3
101.5
*7.01.3
101.5
*101.1
101.3
*101.1
101.7
*101.5
101.7
*101.4
701.6
*101.4
101.6
*101.4
101.6
*101 .7
101.9
*101.7
101.9
*101.6
101.8
*101.4
101.6
*101.4
*101 .7.0
101.12
*101.10
101.12
*101.9
101.11
*101.8
101.10
*101.8
*101 .12
1J7..14
*101.12
131.14
*101.11
101.13
*101.12
101.14
*101.12
.16
101.18
*101.16
101.18
*101.15
101.17
*101.12
101.14
.19
101.21
*101.19
101.21
*101.19
101.21
*101.12
101.14
.24
101.23
*101.24
101.26
*101.23
101.25
*101.11
.23
101.25
101.23
101.25
*101.23
101.25
.27
101.29
*101.27
101.29
*101.27
101.29
*103.21
103.23
*103.22
103.24
*102.24
102.26
*102.16
*100.11
100.13
*100.11
100.13
*100.10
100.12
*100.70
>100.15 100.17
*100.15
100.17
*100-2
100.4
*100.9
' 1C0.11
.22
103.24
.11
100.13
.14
*97.11
100.16
Treasury
2s
101.6
Treasury
2s
101.10
Treasury
2s
101.14
Treasury
2s
*101.12
101.14
Treasury 2s
*101.12
101.14
Treasury
101.13
*101.11
101.13
Treasury
*101.8
101.10
*101.8
101 10
*101.4
101.6
*101.4
101.6
109 is
Treasury
2s
1C0.12
Treasury
97.11
97
97.9
95.24
96
95.7
95 21
97.24
98.1
96
96
95.12
95.16
Reconstruction &
277,000
98.11
Bank
83,000
•Bid and
apV"d
price.
No sales transacted this day.
UBeing called for redemption March 15
1948 at 100.
10-year
a
Odd
lot
Nov
118.15 Mar
118.23
Feb
106
106~
Apr
Apr
106 16 May
10? 15
Jan
107.5
Jan
Jun
108.4
Jun
107.27
Apr
107.4
Apr
Apr
701.26
101.24
101.24
101
104.4
104.10
104.15
103.20
107.19 Apr
Dec
Dec
Dec
Dec
19
22
19
12
2
Dec 24
—
Jan 13
May 9
Apr 12
Apr 9
9
103.19 Apr 10
105 17 Tim
102.22
Jan
102.11
Jan
107.9
Apr
102.11
Jan
107.10
Apr
101.16
Jan
106.15
Apr
106 28
Aor
109.15
101.15
Jan
106.16
Apr
106.15 Aug
106.15
Aug
Feb
—
—
108.17 Aug
108~17
Aug
8
104.22
Sep
107.14
Apr
102.24 May 14
102.24 May 8
100.13 Nov 7
100.29
Jan
104.16
101.4
Jan
104.7
Apr
Apr
102.8
Dec
102" 8
Dec
IQ3.9
Jan
103.9
Jan
103.7
Jan
103.22 Feb
__
101.7
Dec 26
102.6 Sep 30
100
Dec 24
100.13 Nov
7
105.18 Sep
■
_
—
—
__
„
102.12 Apr
102
July
101.23 Dec 22
102.16
Oct
104.3
102.20
Oct
104.14
Jan 29
Apr 26
'
1957..
95.7
1972
95.12 Dec 26-
Dec 26
Registered hond transaction.
102.00 July 75
103.4
July 15
Mar
Jan
103.13 May
103.13 May
102.14 Nov
104 26
Feb
Nov
104.29 Feb
101.14 May
10131 Mar
Sep
102.17 Max
102.22
i
for
r
Apr
113.3
Nov
107.9
101.2
101.8
transaction,
Feb
Jan
100.30 Apr
9
100.26 Oct 20
:
109.22
115.23
Nov
102.28 July 21
Development
Dec
113.12 Aug
103
102.23 Apr
9
102.25 Apr 12
103.1 Apr 26
103.2 Jan 24
103.4 July 21
3s
107.5
104.7
102.4 July 22
101.20 Dec
1
102.30 Apr 24
2Vis
Dec
105.22 May
102.12 Apr 9
102.6 May 27
l%s
Jan
102.12
105.29 Aug
9
7
t%s
Treasury
97.11
—
1948
1950
2s
25-vear
98.11
104.12 Feb 21
Dec. 1952-1954
1953-1955
2s
Treasury
International
May 14"
Sept. 1950-1952
1951-1953
1951-1955
June 1952-1954
2s
115.26
Dec
104.23 Feb 14
104.18 Apr 30
__
Sept. 1949-1951
2s
Aug
102.11
104.24 July 14
100.7
Dec. 1949-1951
March 1950-1952
Treasury
11,000
114.8
—
105 17.Tim
•
1959-1962
1959-196?
1948-1950
1948-1950
June 194a-iaoA
2s
Feb
112.21
—
June
Dpc
March
Dec.
2%s
Treasury
*97.26
97.15-
Treasury
^Treasury 2s
101.3
*101 .5
7,000
100.8
*101 3
Treasury
Treasury 2 Vis
100.2
100
2,000
111.18
104.24 July 14
104.14 Sep 2
101.27 Dec 22
1952-1.955
—1954-1956
1956-1959
*103.7.1
Jun
108.4
.—1951-1953
102.24
3
102.6 Feb 4.
106 13 Tulv 9a
103.16 Dec 24
—
..
—
Dec. 1967-1972
*101
May 14
104.12 Feb 21
1952-1954
1956-1958
1962-1967
—1963-1968
-June 1964-1969
Treasury
100 18
100.10
*
9R
114.8
1950-1952
Treasury 2%s
Feb
Highest
110.3
113.3
—1949-1953
—
Treasury
15,000
100.26
101.24
(,mi
o-v
Lowest
Highest
Lowest
EXCHANGE
2%s
100.16
*105.4
109.21
Year 1916
Range Since January 1
XTOCfc
vnww
VF.U
Range for Previous
BONDt
GOVERNMENT
Sales for
the Week
Treasury
*100.14
105.6
*109.19
101.27
week's range, unless they are the onlv transactions of
of such sales in computing the range ior the year.
Treasurv
100.16
*105.4
1(V
$79,246,000
YEARLY
-
106.26
•7.00.14
*101.26
$87,394,000
$1,316,000
Bonds ($)
103.30
1C5.6
*101.25
509,000
$1,247,000
PRICES
Wednesday
109.21
101.27
636 000
79
after decimal point represent one or more 32d of a point.
100.16
*101.28 7.C1.30
7,683 000
7.000
Total
WEEKLY
-
*109.19
*102.6
$66,943,600
11 794 010
434 000
New York Stock Exchange
«»
*105.4
*110.19
075.000
$806,000
132 000
43,000
Foreign corporate
$21,074,700 $1,055.184.420 $1,349 570,650
Figures
Dec. 23
1946
135 960 884
v
FRIDAY
Tuesday
to Dec. 26
71,179,302
$1,141,000
-
Foreign government
and defaulted bonds.
Cash and deferred delivery sales are disregarded in the
week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur
No account is taken
Tlie italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
'
,
LOW
Jan. 1
1947
1946
1,797,190
Bonds
"and interest"—except for income
,"7ec. 22
$132,000
$1,141,000
1947
Domestic-
76 353 520
$26,529,000
Monday
258,000
$1,316 000
Week Ended Dec. 26
24.368,000
1,2171565
24,745,000
Saturday
23,000
$43,000
1,404,395
shares
of
$19 046 650
$3 235.000
$71,000
$79,000
Bond Record
the
24,000
208,000
359 918,327
219,101 304
5,183,287
.360.000
are
290,000
320,000
26
to Dec
1947
1,345,000
NOTICE—Prices
350.COO
1,000
1,404,395
Total
Bonds
Total
6 000
$26 529.000
Stocks—No.
Railroad ft Industrial.
$Yo 665
79,000
245,335
Friday
r
1946
5,724,440
Foreign
3 000
265,000
21,000
268,000
Holiday
»
1947
International Bank—
307.000
349,130
294,825
—
4 731,000
25,000
$1,345,000
U. 8. Government
Total
$98 000
--
$24,745,000
of shares
Foreign
Corporate
$5 000
$93 000
323.765
833,00(1
Wednesday
Week Ended Dec. 26
Stocks—no
Monday
5
Bonds (Par Value)
Government
Domestic
191.340
Saturday
2716 00
Holiday
;
9
Foreign
«i/
Shrtres'i
Week Ended Dec. 26, 1947
6 112 00
63,000
;
7
31
Stocks
5 931.000
$27,000
$15,000
125,000
932 810
Total
July
(Number
$3,915,000
5 724 440
!
Friday-'
25
l03/« Jan
5
wd When distributed, x Ex-dividends, y Ex-rights.
Special sales,
Sale*
Bonds
258,000
s
5% Jun
1
Bond
Bonds
294,000
404,000
~——
,
r Cash sale,
—No par
Corp
Total
Government
$81,000
$3,834,000
5,585.000
* 5,583,000
5,482,000
797.430
1 445.G00
1 357.530
„
Products
Transactions at the New York Curb Exchange
United States
In? I
Bank
Bonds
Bonds
Shares
Zonite
Corp
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Radio
Slock Exchange
Transactions at the New York
Number of
Zenith
3,600
6
5%
6
6
■6
5%
;
6
4,600
22%
22
231/s
22%
23%
23
23%
101.3
Volume
COMMERCIAL
THE
Number 4659
166
&i
FINANCIAL
CHRONICLE
(2681)
NEW
BOND
YORK
range
for
week
ending
25
RECORD
december
26
'
Friday
Last
Period
Exchange
Stock
York
-
Interest
BONDS
,
New
Week's Range
Sale Price
.
!i?
or
Friday's
blU
<3L
t%
Low
New York
City
High
Bonds
botd
Range Since
January 1 .7
,
Low
No.
r
Corporate Stock
r-D
i9«c
100 %
100'A 102%
213
100
York
Stock
Interest
Exchange
mDenmark 20-year extl 6s
external gold 5%s——-
%
114'/a
External
ft;
J%e extl
s
1
extl
Prenon
•
f
AOs
New
Credit
Italian
l«lt>93
extl
1%
Municipal
v
Agricultural Mtge Bank (Colombia)—
5 AGtd sink fund
AGtd
sink
;
•
1947
f-a
"60
ia4b
A-O
"60
6s
fund
■
tts
i
Akershus
(King of Norway) 4s.:__19t,a
lAAntioquia (Dept) coll 7s A
—1945
M-3
:
lAExternal sf 7s series B—1945
lAExternal s 1 7s series C—.—1945
J-J
lAExternal
'
"40
_
J-J
s
f 7s series D
J-J
1945
AExternal s f Ts lstYseries
—1957
•
AExternal sec s f 7s 2d series—1957.'
AExternal see s f 7s 3rd series_..l957 :
10-year 3%s
10-year 3'As
20-year 3'/2s
20-year 3%s
15-year 3%s
Belgium external 6%s_
A-0
F-A
External
s
f
—1966
s
f
lABrazil
external
•—•
"
102 %
88
88%
87%
88
85
87%
85'
18%
99%
102
87%
95
35
85
103%
88%
31
85
103% 104
6
112% 112%
60%
—
101
102
4
60%
109
56
J-D
1957
A-0
47%
"60%
'
—
47%
72
47
A*\)
"60%
48%
60
73%
43 Va
—
48%
49%
16
44
5
56
Oslo
63
61%
32
21
3
Nov
21
26
f
s
32
1
32
32
33%
8
32
33%
5%
6%
3
39%
39%
5
39'%
5%
St
9
Q-J
"15
Q
8%
J-J
"6%
J-J
"9%
10%
6%s—
"11%
A-O
1958
32%
6
10
:ii
*9%
IT%
14
14
12%
30
32%
fund
extl
70
H
?
30
32%
"33
39%
33
%
40%
"25%
Jl-B
2008
—
M-3
1959
29
25%
33%
34
40%;/
10
"33
"25%
200R
3%s.
M-N
1957
90
90
25%
89%
98
92
33
97%
M-S
i960
A-O
93
93
4
90
__1963
4'/4s
loan
F-A
93
93%
9
88
A-O
90%
91%
43
89
4
99
h 105
15
91
104
1957
1
f 5s
s
90
;;;
29
.1956
external-.
f
p
:•
n%
V-
j-t
1952
•
8'%
J-J
•
18%
"12'%
5
93
100%
1970
J-D
1955
(City) sink fund 4%s
"94%
A-0
100% 101
91%
91%
106
105%
:
-
105% ' '
98% ;
(Int reduced to 3 375%)——1979
(Central
Ry)
A-0
Panama
A
(Int reduced to 3.5%)„
—
J-D
1978
48
~
48
1
44
59'/a
funding bonds of 1931 due„1951
Stamped pursuant to Plan A
A-0
47%
57%
—
3%s Series No. 3
57%
—
57%
57%
57%
"57
—
3%s Series No. 6
"63
—
3"As Series No. 7
"62%
__
—
3"As Series No. 8
11
12
3"As Series No.
14
—
3%s Series No.
15
—
3 "As Series No.
16
"58
58%
1958
1950
M-N
I960
6s
Feb 1961
1961
sinking fund 6s
21%
5
19%
19%
1
13%
19 va
9
Ry)
A-O
19%
Oct 1961
Jan 1961
1970
5s
4'/as
10
19
19
19%
~6
7%
-5
7%
a-o
of
1914
Sinkinsr fund
5'/2s
Ar-'V««inVftlr(i, (Ren on
ai-n
83
83%
79
79
16%
17%
17%
Stamped assented
8s
(int
pxt.pndpd
M-S
—
—
"116
ser
j-j
105
90
72
417/a
62%
102%
4
*.r
75
him'
i.
.•.
1
-
.
20'%
rg-'.'i.!11
104%
102'%
107%
115%
103%
-.75
-
200P
J-J
■
"25
31
25
33
A-0
1946
8s
"33%
43
J4
41
•
2001
27
F-A
2012
1921
A-0
11
25
32
1
31
39%
24%
23
35
35%
115%
90%.
35%
1967
6%s
s
f
35
35
30
37%
24%
23
,
31
"32
34
31
39
"24%
—
29%
24%
32
:
33
39
25
31 K ri
32%
31
32%
41
35
42
"25
28
27%
37
40
31%
42
"24%
36%
24
41
44%
68
31
M-Si
—
M-N
Paulo
2012
1936
50
37%
46
44
67
1999
1956
J-/
35
33%
65
48
56%
2004
1968
J-J
J-J
A-0
A-O
34
1978
A-O
"66
1
64%
"41
—
"41
'
Stamped pursuant to Plan A
A8s
reduced
2.5%)
external
Stamped pursuant to Plan A
(Int reduced 2.5%)
i
"33
J-J
2012
1940
8s—
J-J
1950
(State)
J-J
1999
to 2%)—
J
"24'/a
—
2001
1257
li
"32
J-D
1252
|
40%
26%
"24
J-D
M-N
--^2.
(City)
34
"31
.J-D
2012
1966
35%
32
"26%
sink fund gold--—1968
(City of)
27
"23 %
F-A
1946
26
32
A-0
__1953
A7s extl
water
loan
Stamped pursuant to Plan A
(Int reduced to 2.25%)
AGs extl
dollar loan
35
M-S
34%
"39
40
40
33
59
40
"33
40
60
.
Stamped pursuant to Plan A
(Int ifcuuced
lASecured
s
to 2% )
f 7s_——
Stamped pursuant to Plan A
(Int reduced to 3.5%)
34
33
55
85%
85
91%
68%
65%
80%
For Financial Institutions
FOREIGN
SECURITIES
FIRM TRADING MARKETS
CARL MARKS & PP- INC.
FOREIGN SECURITIES SPECIALISTS
104%
116%
if
33
39%
96 Va
100%
1QGO
<
50
97 y8
yt-
21
38
26
54%
.
•;
21
29%
21%
24%
32
—
53
111%
1
r-
33
90
3
•-
"34
*
105
—/
7%
16%
16
106% 109
r-
10
25%
29
106 »/8 106'/a
page 28.
25%
7%
78
a-O
:.t
7%
1
27
17%
79
A-O
,
8
11
27
44
1952
reduced
9%
26
3
A. 1"51
B__
to
105
17%
17%
2
116%
9 3'a
10
8%
27
14
"100%
—
10
9%
27
42
__
"101%
F-A
J-D
—1953
ASinking fund 8s series
see
44
83%
—
J-D
14
54
44
1977
4'/2s
4%s external debt
25%
17%
50
"40
"40
1949
External loan
4
—
--
m-v
1949
74
44%
—
*
iyo3
23%
26%
72
74
44
—
M-N
1952
5s
"70
74
A-O
1951
7s
27%
18
A-0
F
19
17%
19
J-J
1947
—
oO
-
1946
t.1
Copenhagen (City)
por footnotes
19%
of)—
Mtge Bank 6'/2s
§ ASinking fund 7s of 1926—
SASink'ng f"nrl n- 0f 1927
v
8
19%
M-S
M-S
SAColombia
■
19%
19%
j-d
bonds
26%
18%
a-o
—1951
5s
27%
21
19%
J-D
—I960
,
25%
19 %
.
18%
19%
J-D
~
27%
20%
Af-N
1928
eot-\
20%
J-D
28 Va
18%
"21
M-N
A 68 of 1927—
♦n
21
19 %
j-D
i960
(Republic of)
21
1
—1962
a7s assented
Cuba
21
20%
21
.——1962
(Ren
27%
21%
1961
—
AChilean Cons Munic 7s
gold
18'/8
20%
1961
assented
R.1o«*
15
21%
__1961
AGuaranteed sink fund 6s
ostp
21%
external
(Int
28%
"21
M-N
fASan
v
27%
20%
9%
10
"•
(State of)—
loan of
'Int reduced
28
18%
1
M-N
1961
assented
18 %#
3
16
A-0
1957
t
1
25-year
21%
21
21%
A-O
1957
6'/2s
AGuaranteed sink fund 6s
f $
27%
8
16%
Stamped pursuant to Plan A
27%
19 Va
21
21%
M-S
1963
27%
20%
(City of)
A6%s extl secured
26%
3
1962
—
82
74
1963
ASinking fund 63As_
s
22
1962
„—
(Republic
64
19
3
2.25%)
to
reduced
8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
110%
20%
M-S
"34%
10
^
21
iU
„
"25
1966
Pauio
109 »/4
21%
J-J
2001
Stamped pursuant to Plan A
'tn+
reduced to 2.25%)_.—2004
100'/.
104
20%
21%
21%
21%
J-D
8s
A7s municipal loan
102%
103%
21%
20%
J-J
-Sep 1961
Sep 1961
25
72
21%
20%
F-A
1961
_Jan
(Hukuang
21%
F-A
1961
Jan
AChlle Mortgage Bank
A6'/2s assented
* «
A-0
Feb
assented
104
92%
104%
"21
21%
A-O
1960
f 6s_
A6s assented
external
"60
104
M-N
assented
AGs of
103% 104 %
J-J
1942
AExternal sinking fund 6s
f3i
J-J
-100
"8%
1
"16%
1961
Rome
A-0
A-O
A-0
Stamped pursuant to Plan A
(Int reduced to 2.25%)——2004
63
103
100
—
J-J
f 7s__—1942
s
assented
Colombia
—
1954
AExtl sinking fund 6s
AChinese
"101%
--
1960
„
sinking fund
A6s
J-D
"8%
A-0
1958
1947
Stamped pursuant to Plan A
(Int reduced to 2%)
A7b external loan of 1926
63
96
i940
7s
A-O
a6r
62'/.
96
f
s
Stamped pursuant to Flan A
'Int reduced to 2.5% )
—1999
63
54%
"100% 103%
__
62
55
—
3
1984
4s
assented
A6s
—
103
21%
J-J
|A8s extl
62
of)—
of;
§A7s assented
;
F-A
103
14%
J-J
Slo Grande do Sul
64
55%
81
(Int reduced to 2.375%)
sec
6%s_
63
56%
1961
s
~5
■
16%
Stamped pursuant to Plan A
(Int reduced to 2%)
62%
57'/a
58%
15%
AExternal
62
54 Va
15
63
"57%
M-3
-'a
583/f
"55%
1957
AExternal sinking fund 6s
A6s
assented
I
A6%s
■t
15 %
1968
Tnt
61%
54%
21%
A-0
.jw»iuped pursuant to Plan A
63
54%'
59%
"56
—
(City) 8s
S A Chile (Rep) External
A 6s assented
4
61
14%
1963
62
55
60
58%
25-year 3'As—
AExternal
62%
57
ACarlsbad
,,
5
83
fund gold
|ARio de Janeiro
62
58
16%
Stamped pursuant to Plan A
62%
55
22
15%
assented
sink
36
15
15'/a
AExternal loan 7%s
62%
55%
62
62%
24'%
J-D
1950
63
%
"17
f?
40
M-3
(Int reduced to 2.375% )
63
102
31
29
17
102%
108
37
"23%
.
99 y.
105%
2d ser_^__1961
6s
loan
"31
M-3
99
99%
103
Alegre (City of) 8s
Stamped pursuant to Plan A
63
55
f
s
100
99 '/a
106
1S59
APorto
63
55
extl
106
M-S
2008
7s
*
1st ser——1960
f 6s
s
99%
1947
7s
A4%s assented
83'%
55 %
"55%
3%s Series No. 30
A6s
i
61
60
external
of)
AExternal
83 Va
57
60%
A4%s
83%
56%
3
(Rep
AStabllizatlon
69%
55
60
of)
lAPoland (Rep of) gold 6s—;i
A4%s assented
85
78%
(State
dtamped pursuant to Plan A
(Int reduced to 2.125%)
Vqf loan
65%
bo v2
62%
3"As Series No. 29
A 6s
5
"55%
—
(Province
ref 3%s series B
^at loan extl
65%
65
70
"55%
external sf $ bonds
-
65
h5
.
80
y3
65
.
58
3'As Series tfo. 25—
38As Series No. 26
A 6s
_
"5r %
,
33As Series No. 28
55%
60
__
33As Scries No. 27
55%
62%
—
3%s Series No. 24
ARy external
__
72
"55%
3"As Series No. 21
AExtl
65
"55%
__
33As Seiies No. 23
tDomlnion
65%
v
"55%
--
—
19_
33As Series No. 22
3%
9
"57%
3%s Series No. 20
Caiiuua
25
53
"55%
—
3"As Series No. 18
Sinking fund gold 5s
Sinking fund gold 6s
65%
55%
5
60
—
.
59
"57%
—
f 5s
61
55%
62
"57%
—
—
Buenos Aires
43
—
65
"62
—
3%s Series No. 13
60
78%
—
33As Series No. 10
s
3
11
65
—
3%s Series No. 9
(City)
59%
"57
__
—
3%s Series No. 5
Brisbane
J-D
M-S
100
M-N
iPeru
38As Series No. 4
3"As Series No.
48
57'/a
—
—
3%s Series No. 2_
3%s Series No. 17
1963
1994
1967
sec
lAPernambuco
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B>—
38As Series No. 1
3%s Series: No.
—
Ext
i%
3 "A s Series No.
(Republic)
Stamped assented 5s_
Stamp mod 3'As ext to
J-D
1952
Stamped pursuant to Plan A
:
;
Stamped pursuant to Plan A
A7s
''
9%;
9%
15%
11
7%
J-J
.
agree_1963
1933
"8%
>
—
<Kingdom)
b—k
j:'
■
|
15
12%
J-D
;
48
8%
J-J
*
,
I
JL2
Q-J
1945
6%s
-
32
U-N
1954
:
;
31%
J-J
1942. agree_1963
5,
V
!
22%
si v.
79
32
J-J)
1945
1942,
Municipal Bank extl
73%
65
61%
—
31%
26
22%
j-j
1942, agree_1968 :
5,
vSlate;
sink fund
if
63
55
13
31 %
21
-
a-sj
agree_1963
Tnt reduced to 2.125'^)
3%s
A-0
21
J-D
ivo'i
agrce_1568
external s f
External
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
AExternal s f 6'/2s of 1927——1957
100
23%
Af-S
1899 £„1945
1890___;;
5,
■
15%:; ?
100% i:
.
1954
1942,
5s of
Nov
of)
Netherlands
70
44
102
%
Stamped pursuant to Plan A
116
55
5
—
"*4
22%
J-J
.
—..1951
is.
Norway (Kingdom of) 4%s
—1978
J-J
——197T
Stamped pursuant to Plan A
(Int reduced to 2.125%)
(
8tamped pursuant to ?lan A
(Int reduced to 3.5%)
AExternal s f 6'/2s of 1926—
3',t—
5,
Nov
external
a Sec
107 Va
107 Va
1
"
99%
104%
"105'/a 107
(City
A Sec
91%
86
38
1977
80
100
%
; i
16%
e :-v
•
5s of
to
juaee
21
■;.>
j-j
1943
extl
to
Milan
6%
35
105
v.5
6
•—
||.g
1977
lATreasury 6s of 1913 assent
109%
87%
16
7'/,
6%
53% ' '
411 f*
for
7s_.—
Nov.
to
Ass'td
45
14
87%
f
-
U
52
'
7
A-O
IDtiO
lAAssenting 4s. of 1910
45
30
to
(US)
Ass'td
103
85
s,
J-D
IflVa
98
87%
•
85
J-D
1941
8s_
,
8
I960
Ass'td to Nov 5, 1942,
AAssenting 4s of 1904
45
"100%
'
19j2
IA Assenting
45%
45
45
21
_
102
J-J
.1955
25
26%
38
14
(btate
Ass'td
'
lAMexico
46
36
75%
98
|A4%s assented
105%
49%
42
19
__: v
to 3 %
Mexican Irrigation—
24
"i
99%
88:';
F-A
1955
—
(U S of)
21
43
98%
102
ft*
J D
1962
7s
40
"40
-
—M-S
6s„
External
40
40
J-D
—
—_
42
J-D
1967
40
99
J-J
1957
41
"40
A-0
—1956
41
40
•
J-D
Australia (Commonw'lth) 5s of '25-1955
2d Va
"40
?
40
A-0
AAiitwerp (City) external 5s,.—11958
42
"40
1
89%
2
92%
...
"46
"40
102%;,
101% ;
53
Va
7'/4
ml
79
bi
92%
J-J
83
60
M-S
Mtge Bk;
(Colombia) 6'/2s
Ifedeliin
[
83
"58
Utility-
81
65
'
83%
45
7s
»»
..-♦v—
100%?
1
ab49
s
to
Credit Institute 1 '/o
External
<k
High
83%
81%
20
"15
B
Public
Low
,
j-j
7s
Consortium
ftaiy (Kingdom of)
foreign Gon.
A-O
tQflft
Vi:573 scries
Teletype
NY
January 1
90%
,
J-J
paid--——L_:
Works
99
No
.
1964
(Republic!
Pub;ic
98%
98%
Range Sine.
Sold
High
J-J
paid
part
Bond.
1967
$
Italian
York
Friday's
j-j
Helslngfors (City) ext 6'/2s
r.y*
State extl s f 5s
New York Stock Exchange
Broadway,
or
Bid A Asked
F-A
,
.lab2
$
Italian
120
Week's Rang#
.<•
Jan 1, i»78
Jan 1,1976
Jan 1, 1976
(Republic of)
^ ■/. A 7s part
Wertheim & Co.
Members
1955
Repuohc extl 7s.
Government—
Greek
Foreign Securities
V
Last
90%
j-j
of;—'>■>
(Kepuonc
U
^Estonia
1942
4%s
gold
otuvttuoi
y is exu s f $
Telephone
.
Bale Price
Low
•
REctor 2-2300
Period
High
,
——
j/ -■ Friday;:"
BONDS
New
•
Trawl* Unification Issue—:
7«*
kl'.d
50 Broad St., New York 4, N.
Telephone HAnover 2-0050
Y,
Teletype NY 1-971
•!
26
(2682)
YORK
NEW
RANGE
Interest
Last
Period
Sale Prioe
\'v'"'-"j
',%'•«
A8s
external
secured
Low
,—1960
3%-4-4'/8s
1979
M-N
—1979
M-N
readjustment
External
conversion
3Vis extl
20%
101'%
121
85
V:-'.A
•
2d
J-J
100
93
i
100%
85
1952
7s
(City) external 7a
A4Vis assented
i
A-O
1958
F-A
1958
Provinces
^W?rtsaw
F-A
*31
"z
•
v.".
"
•
_
102
7
1st
90
21%
5'A
14
17%
RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr cold
Adriatic Electric Co 7s„_
Great
Alabama
Southern
—1952
3V4S
A- O
'
Alabama
Power 1st mtge 3Vis
1972
Albany & Susquehanna RR 4V'2S__1975
Alleghany & Western 1st gtd 4s__1998
M-S
Amer
&
Foreign Pow deb 5s__
2030
American Telephone & Telegraph
2%s debentures
2%s
23/4S
debentures
27/8s
1st
248
91'%
85
911%
93
85%
85
87'%
103%
1,163
101
90%
68
89
101%
91%
93%
65
91%
102'A
J-D
J-D
1962
106%
106'% 108
2,090
105%
112%
101 Va
A-O
—1969
100'A 102
93
100'A
105%
A-O
99
99
A P W Products Co 5s
1966
A-O
98%
A-O
116%
& Santa
'
93%
96%
99
98%
6
116% 117'A
61
95'/.
95
__
106'%
84
24
101%
*__
Q-J
98%
—1995
July 1 1995
July 1 1995
Atlanta & Charlotte Air Line Ry—
1st mortgage 33/4S
1963
-
Adjustment gold 4s
Stamped 4s
Atlantic Coast 1st cons 4s
July
General unified 4%s A
Atlantic & Danville Ry 1st 4s
Nov
116%
«■*
.
106% 106'%
T
132
116
•
M-N
118
!
106%
5
119'A
M -N
*100
M-S
103 %
100'
101
103 % 103%
15
101
107%
my*
1964
J-D
99% 101 y2
27
98
1948
J -J
31
so y2
31
14
28
mtge
mtge
4s ser
5 r/0
1%
1948
J-J
21
21
21
3
1966
Rel &
A
J-J
98%
99
84
July 1975
(4 %
B
ser
contingent
17%
97
30%
103%
Series
G
Series
K
Series
J
S'western div
Toledo
1st
2nd
Con
1st mtge
fxd &
1 y2%
Cincinnati
861/4
82%
89 Va
60%
:60%
62%
188
54
74
mtge
M-a
60%
80%
62%
81
51%
73%
M-S
61
61
62%
148
52
73%
71%
72%
132
May
48%
48%
50%
276
M-N
--
82%
84'A
23
60
84%
35
59
78%
4s
73%
76%
31
70%
78%
78
78
80'A
14
78
83
j-J
89
89'A
3
89
j-j
89
90
7
89
1951
3'/2 s
Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2%s debs
1961
Cons
mtge
Cons
98%
100
118
A-O
M-N
119%
118
28
93%
5
93%
—
93%
mtge 23/4s
ser
j-j
J
96
96
M-N
1976
96
97%
95%
98
16
96
96
1st
mtge
5s series AG
1987
M-S
mtge
5s
1955
M-N
series
II
1st mtge 4%s series JJ
1st mtge 4s series RR_
Alnc mtge 4%s ser A
Breda
(Ernesto)
Co 7s
100
103%
103%
92%
M-N
1954
F-A
96%
52
75%
91%
55%
38
42
66
102
modified
at
§ A 1st &
coll
99
99
107%
93 %
92
Apr
96
64'A
247
60 VB
gtd—
60
60
62%
50
A-O
40
40
42
34
A-O
*88
91
I960
•
Elec
Power
Canada Southern
Canadian
:
1st 3s
J-J
88%
A-O
55%
gtd 5s A_
Ry—
cons
National
'
Guaranteed
gold
A-O
'
91%
91 Va
96'/o
*__
-
J-D
J-J
89
gold
4%s_-.
100%
'<
112'/a
F-A
Celanese
Corp 3s debs...
Celotex Corp 3Vis debs
F-A
M-S
A-O
93'A
*75
80
75
85
1963
1963
J-J
100
100
Chic & West'n Indiana conv 4s_—.1952
J-J
103%
103 %T03
§ AConsol
§ A Debentures 5s part paid—
1957
A-O
A Ref
&
gen
.—1945
5y2s series B
ARef & gen 5s
12
87
105
103%
Illinois
Light 3%s
.
AGeneral
A4s
Central
4s
98
99 Vb
30
107'A 107'A
Ref
&
4y2s
impt
Wab
Mich
&
Elec Ilium
J-D
82
Union Terminals
*80
New
York
CentralPacific
1st
&
ref
——
Power
1st ref
61
series
3s
1974
5s stamp
(partial redemption)__1942
Champion Pappr & Fibre deb 3s
1965
For
footnotes see
page 28.
3
29
59%
5
&
Gas
Conn Ry &
River
102%
105%
100
100
&
1980
98 '/a
13
97'%
49%
49 Va
51
17
-44%
63%
23
100'%
106%
101%
103%
104%
110%
100% 102%
M-S
*101 Va
A-O
3s
Baking
Continental
Crucible
mtge
1st
110%
38
107 Va
105'%
108
*__
99%
102%
104% ;
96
96'A
14
94
103%
93
93%
19
92'%
101
97
97%
23
95%
103%
51
97%
106%
98'%
104
96
M-S
A-O
97
J-D
1972
*
M-N
M-S
1942
_
98
38'%
8
37%
81%
81'%
1
76
y«'
36'/a
14
32
'
36
36 %
J-D
Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3'As series B—1965
52'A
86%
44%
*34%
35%
46
34%
34%
45%
*97'%
98%
97%
104%
103'%
A-O
34%
36'%
34%
J-D
——1946
63%
9
37%
377/8
■
rets
y8
49
52'%
J-J
A-deposit rots__—.—1946
98% 101%
94%
*85
_
52 y4
■
ser
99%
a
M-N
j.
101 Va
98
98
J-J
debs——1965
ADeposit- receipts-
108%
*106
gold-—1952
ACuba RR 1st 58
108'A
*106
A-O
27/aS—1975
1st 5'/2s
——:
109%
F-A
JD
Northern Ry
114
101%
102% 103%
;
J-J
mtge 3%iS———1966
Steel -1st
21
106
F-A
New York—
series D_——
—
105
105
M-S
2%s ser A—
1982
2%s ser B_
1977
mtge 2%s ser C—1972
Power
106%
97 V's
M-N
mtge
ref
Consumers
107%
A-O
98 Va
Cigar Corp 3'As——1965
ref
109
100
33
101
104
108%
104%
2
105% 105''.,
A-O
3s series L—-l:.—
—1977
L 1st & ref 4V'2s——1951
Pwr.'s.f 3%s A
1961
ref
&
&
98%
A-O
Elec 3y8s
Consolidated Edison of
104
103%
98%
F-A
Consolidated
98%
109 %
103 %
A-O
Ry—
modified)
(stamped
80%
84
102%
*101
M-N
F-A
debs__.1971
Columbus & H V 1st extl gold 4s_.1948
Columbus & Sou Ohio El 3yis^
1970
Columbus & Tol 1st extl 4s—
1955
103%
97
Deere
106%
&
debs.
2%s
Co
Delaware & Hudson 4s
103'%
J-D
99 Va 100%
mtge due
99'%
Essex
6
99%
113
&
tr
Coll
*
90
7
111%
108%
120 7A
Denver
2
1137%
109 VA
114%
111%
119%
111% 111%
_
—
!
3
110%
1973
M-N
*81'%
M-N
*53
:
&
fixed^V; r?
mtge ser A (3%
1% contingent int)
8
106
112'%
-95%
97
62
106% 107'A
91
106%
8
107
Denver
:.
„
110
Salt
&
62
101
63%
100'% 101'%
101
78
33
100
105%
4
101
106
101
*63
74%
61
81
90
47%
95
17
46%
48%
7%
8%
33
7%
8 %
8%
79
111
'51
51
J-J
*15'A
18'%
37%
87
39%
'
39
7'A
7
37%
j-J
37'A
<t
A-O
F-A
98%
102
39
33%
34
470
34'A
;/::j •/
£8%
102
24%
24
14
37
109%
Dow
F-4
97%
97%
;.
:./
5
40
••
36%
33
108
102
97%
f
45
98%
45.
98
98%
;
11
22
59 y»
201t
68%
Lake— *;*
fixed V
Int)--—^—1993
.
3 '/2s
4s——————1"0
Tunnel 4'/2s—.—1961
Ironton RR 2%s ser B_fl976
t§ADul Sou
&
debs———19R1
Shore & Atl gold 5s_—1937
Bast Tenn Va & Ga DlV 1st SB- .1956
J-J
13
106 Va
109
41
101 »/a
109%
*
J-D
'50'/a
97%
*__
M-S
97%
81%'
97%
•4
t
100
:G2%
70'% ' i~
*69'%
M-N
.
95
42
96%
95
J-D
71
63
110%
94'%*
82
94%
96
50
94%
38
38
38%
12
30%
38%
99>/4
99'A 100'A
18
98 Va
100'A
J-J
F-A
73%
32
102% 103%
102%
M-S
J-J
66
69'%
108 -108%
69%
M-S
J-E
101'/a
105%
5s
107
39
61'A
98
104 VB
•
stamped
Erie Railroad
1st
1st
cons
Ohio Div
1st mtge
.3'Asi_i.'
185
106 Va f?
*102
.1965
—
mtge 2s ser
121 ^ «
102
V 114'A
J-J
M-S
A-O
*102% 108
;>loi% 112%
.1965
A-O
*102%—'
105% 113
Co—
ihitge Inc 4'/2s series
cdns mtge 3'As ser E__
cons mtge 3'/6S ser
cbns mtge 3Vbs:ser G
-Gen
112
145
*112
M-N
.1995
.1970
(NY) 1st cons gold 5s^-
Elgin Joliet Si East Ry 3V4S.U.
El Paso & S'western 1st ^s.—
1st
J-J
89%
38%
Chemical 2.35s
Ed El 111
41
98%
26
28
78
99
17'A
24%
99%
102%
82
57%
27
25%
141
82%
55
66%
108
38%
81
55
17%
14%
—
A-O
J-J
67%
42%
1
—
102%
81%
Apr
series G—
1966
Gen & ref 3s series H_—
1Q70
Gen & ref 2%s series I
-1982
Detroit Si Mackinac 1st lien gold 4s 1995
Detroit Term
62%
109%
J-J
ser
Income mtge (3%
:
1% ' contingent
gold
I
58% H
49
31'
55
*100'%
A-O
90
42%
100
54 Va
55
77
—
54'%
~
')
99
1993
A (4'/2%
contingent Int)/
mtge
89%
^-1993
_—„
;——
Light 3s
r-1973
& Rio Grande West RR—
AIncome
119%
106'% 106%
•
96
\
--
24
90'/2
division
1st
5
90%
A-O
M-N
;
105
99
1965
extended—1963
CO—
/4-6V-~^-^-Ma? t 2042
Power
40
99 Va
ref M 5s ser C
AIncome
1st
1974
86
82%
D
A
(4'A% to Aug J 1949)
lACentral RR & Banking Co
61 %
84
84
103%
J-J
98%
98% S 98%
65 V2
97
103 % 105
61
M-N
1972
-1973
1977
series C_
Colorado & Southern
112'% 112%
111%
1987
gtd gold 4s_1949
80
2
84
68%
Co—
5s series B
99
88
76
67'/2
J-J
5%s series A_
105'/a
25
82
J-D
Cleve Short Line 1st gtd
Cleveland
113 VB
97%
95%
78%
J-J
3%s gtd.—
1948
3%s gtd___—__„.—1950
4%s„—1961
C
D
10S%
107'A
Cleveland & Pittsburgh RR—
Series
98
•
'
4s__—1990
1970
3s—
92%
;
97
79
4s____1991
1st
Div
1st coll tr gold
L Div
60 ;
■=-
1
78
1977
series E
•
4
97%
97%
J-D
gold 4s__
.x—_______ 1993
5s series B——
1993
General
34%
34%
24%
j-n
Morfis
J-D
1987
1987
registered
M-N
A-O
—1987
107%
24%
——
19;
F-A
107
A-O
1966
JACentral of N J gen gold 5s
A 5s registered
100'A
92%
--
.F-A
1974
2%s ser G
106
T-A
1959
AChatt Div pur money gold 4s__1951
f A Mobile Div 1st gold 5s
1946
Central
108'A
10
91%
A-O
mtge gtd. 3%s series E_—__1969
1st
103%
*111% 113
J-D
1959
series C
101%
*25%
M-N
106 'A
99
16
*25%
JAChoctaw Okla & &Gulf cons 5s__1952
1st mtge 2%s_
1975
Cincinnati Union Terminal—
107%
101%
6
%
102% 103
A-O
Det Tol &
Nov 1945
gold 5s
12
100 VB
M-S
4%s series D__—_-^__1962
—
102% 102'%
J-J
1943
109% 109%
F-A
1948
100
J-J
Detroit Edison
1965
1st gold 4s
27 %
1994
2%-4'As—-—
Income
~1
F-A
.I960
JCentral of Georgia Ry—
5 A 1st mtge 5s
n
H
105
78
ASecond
ACent Branch U P
%
96%
109% 109 3a
J-J
gold 41/2s
1951
Can Pac Ry 4% deb stk
perpetual
Carolina Clinchfield & Ohio 4s
1965
1981
12
100
6
1
A-O
Carthage & Adirondack Ry—
1st mtge gtd 4s
67%
3
99'%
99'%
J-D
.—1956
Guaranteed
60% [I
90
A7V2s
42
32
'
1955
88
39
J-D
1951
90 Vb
42%
*101 Vb 105'%
J-D
_i..,1951
—
99% 100%
99 Va
J-J
4%s-
h
66 VB
609
100
Delaware
1970
gold
Guaranteed
1962
Oct 1969
5s
Guaranteed
M-N
—.1957
5s_—
gold
vj
i |
-,:n.
J-J
72
25
98%
105% 105%
J-D
1974
Guaranteed gold 4%s
Guaranteed
t
1976
Oregon Power 3y«S—
it
83'A
101%
97%
w
89
1st &
Calif
96
*90
—
Delaware, Lack & West RR
N Y Lack & Western div
California
I t
j;
-
M-N
;__1955
_
62
-
100
104
1934
Bush Terminal 1st 4s
5s
62
J-J
-•
*
—
Bush Term Bldgs 5s
49
64%
66
213
J-J
103 v*
97%
1952
5s
fer Consolidated
,
1957
263
56
78'%
Memphis Div 1st gold 4s____
A6s ser B deposit
(interest
69 Va
55
.
Chic Terre Haute & S'eastern Ry—* <
1st & ref M 2%-4%8_—1994
Buffalo Rochester & Pgh Ry—
3% to May l 1947) due
JBurlington Cedar Rap & Nor—
66%
56
deposit—
ADeposit receipts
M-S
;i
88%
66 %
Apr
4s____^_i_1934
4y2s series A—
1952
3%s__-i.__
Gold
/i
105%
99'/a
Apr
•
'■}
45%
09
508
jACuba
J-J
32
9'
100% 100%
J-J
i
■■'"t
66'/a
87
'
16
102
35
*102%
V-l' i
:'ii
56%
49
40
39%
38%
*85
^
22
55
t
f
B8
,45
14%
1st
M-N
Gen mtge 2%s
1976
Buffalo Niagara El 1st mtge 23/4s__ 1975
Stamped
2003
.1956
_^-;___^_.l_1988
of
54
\
j-j
)
«r-jJ
j-j
,'V )
140
76 %
8
55
55
--
25
77 »'a
vt' •f; .77
';-A 77
j\j
14%
101
77%
*31
F-A
-
88%
71
M-N
104
54
55
•
'•
•v''"'
AConv gold; 4VaS—
^_-,_w«ii_196o
Chicago St
& New Orleans; 5s___ 19 51
1st
77
<77%
J-J
A
44%
118%
292
129
98%
12
llt'%
1,057
1st mtge
100%
100'A
96%
101'A 101 y4
101 %
A-O
1951
—I960
July 1970
Bklyn Union El 1st gold 5s—
—1950
Bklyn Union Gas 4s debentures—.1969
•
j-j
1983 /
;_Jan 1 2038
1st & ref mtge
1st
73 '/a
' •
67%
1st
5
25
60%
Boston & Maine RR—
■
214
64
Conn
—1970
35%
72
»
Commonwealth Edison Co—
Steel
Corp—
2%s ser I.
100'A
56%
Columbia
A-O
Bell
Bethlehem
72
M-N
__1994
—
1st mtge 4%s
J-J
1951
1st
M-N
1982
1983
1st mtge
73%
1951
Extension
91
'f
104
11
56%
4%s
4s_
115%
96
64
division
stamped
Creek
1985
1st mtge
J-J
1985
114%
112'A
M-S
97
A
D
107
A-O
Va
ser
H
t'
34%
inc
A Certificates
Series
—
cont int)—1980
■'
124
-■>
8
97%
jARefunding gold
Cin
71%
ser
124
JASecured
St
J-D
5%
33%
j-j
Western Ry— "
conv
AGeneral 4s
Cleveland
& Aroostook RR—
ref
Beech
79%4
45
•
'132
124
7
92
4'/2s_~Jan 11999
.-.^_-_^--1^1989
IChicago Rock Isld & Pacific Hy-^-
fixed
A
lien & ref M 4s
Bangor
52
87 %
1980
West
&
series
(3V/2%
85%
83
Feb 1 2010
income
conv
4s
79%
83
J-D
due Dec 1 1999
fgn Lake. Erie
Ref
(2%%
contingent interest)
91
4s ser A
General
due Mar 1 2000
___due Mar 11996
M
3%%
Series
4%s
79%
A-O
due Dec 1 1993
Ref & gen mtge 6%
and
A-O
1975
mtge 5% (2% fixed
contingent interest* —
gen
and 3%
F-a
City Ice & Fuel 2%s debs__w__
1966
City Investing Co 4s debs
——1961
Cleve CIn Chic & St Louis Ry—
fixed
int)_July
£1
;/107 % $
; 101
—
U
107
100%
—
112% ll*92
Cine Gas & Elec
41
B
and
107%
F-A,
ItAChilds Co .deb 5s part paid
107
Baltimore «5c Ohio RR—
1st
107
107
j-j
mtge 4y2s inc ser A__Jan 1 2019
conv inc ser B__..w__Jan 1 2044
1st mtge
1st
116
Aii.i-.1970---'
4%s_ti
mtge
1st & ref
1952
Second mortgage 4s
Atlantic Refining 2%s debs
*_.
Chicago Union Station—
1st mtge 3yas series F_i
1st mtge 2%s ser G
Fe—
General 4s__
J-J
.
*
ii
123
■1st mtge 38 ser - B_.
119%
89
92
A-O
—1957
101
89
101'A
J-D
198?
..1987
___
•
inc
mtge
4%s
100'%
91%
J-J
High
143%
:'yi23%
"x 17
:; 101102
101'/»
F-A
*__
mtge 4s Inc ser A
Gen
103%
133
A-O
Low
1
33
/'
102'%
F-A
A2d mtge 4V2s inc Ser A
Chicago Ind & Sou 50-year 4s
Chic Milw St" Paul & Pac RR—
103%
91
1995
Topeka
108%
88
88
gold 4s
Atchison
101%
167
88%
__1961
debentures
Ann Arbor
101'A
48
F-A
No.
k
101
___1985
3%s ser
Chicago & North
100
95'A
101% 102
1986
2%s conv debentures
Amer Tobacco Co deb 3s„
3s debentures—.
•
102
M-a
1st
1st
85
~5
95'A
A
108%
87
95'A
1980
—
debentures
conv
"
—
High
123% 123%
M-N
___1958
_______
mtge 3'/2s
mtge
AGen
109'A
100
1975 *
debentures
v2%s
*__
—
vv' -;"/
BondsRange Since
7% Sold
January 1
Chicago Ind & Louisville Ry—■
105
105%
5
100
Co.—
debentures
2s/8s
*—
— .-
A-O
1956
111
104
105% 105%
A-O
leixV
111
35
*100% 104
——
J-J
Allis-Chalmers Mfg 2s debs
100 3%
—
*31
——
M-2V
1967 >
V
*100
U-S
Bid & Asked
J-J
Chicago & Erie 1st gold 5s__;
Chicago Gt West 1st 4s series A.
84%
.
16
7
Friday's
or
i
M-5
4%s/series' B_—-2.-L;r1977-,
ref
&
—
*11
■
7
Sale Priee
.
^
Venetian
Last
Period
Chicago &. Eastern HI RR-^
A Gen mtge inc conv, 5s_—--^-.1997
18
_
__
Week's Range
Interest
1989
1st & ret mtge. 2
100
83'A
4.-
94%
*90
-I-*
;,*•
'"•<
19b9
gold 4s
CQns
gold 4s_____
4s
ref.
—
80
9
.
•
1st
consol
General
130
-
37
837%
94%
F-A
readjustment..
85
*—
„•
Div
A
1st
—
82%
'
Chicago Burlington & Quincy RR-—
.
140
81%
J-D
readjustment——1978
1984
4-4Vi-4Vis extl
,
R &
1st
1978 *
37/8-4'/8-416ffs extl conv
6
*120
—
26
87
—
m, • V'"
BONDS'
/
Low
10%
13
—.
—
*120
M-N
6s_.
fund
t
•
''i
*
Chesapeake & Ohio Ry—
General gold 4y2s———
___1993
Ref & impt mtge 3%S D
____1996
Ref & impt M 3'/2s. series E__.—1996
10%
4%
.
M
10
*120
M-N
fund
sink
sink
—
89
*—
—-
F-A
6s_T—-—1964
($ bonds of 1937) —
AExternal
AExternal
External
8s
J-J
20
High
5
15
19
*8'A
J-D
1957
1946
36
5%
*14
Low
NO.
6
-5%
J-D
1958
A4Vis assented
Sydney County Council 3Vis
lAUruguay (Republic) extl
5%
M-N
extl—<.—--.—1962
(Prov of) extl 7s
1958
A 7s series B sec
ASllesia
DECEMBER
Friday
Range Since
January 1
Sold
/
High
5%
5%
M-N
ENDING
"
Bonds
Friday's
or
Bid & Asked
,
.
(Kingdom)— *
1962
8erbs Croats Sc Slovenes
I RECORD
BOND
WEEK
Week's Range
Friday
BONDS
New York Stock Exchange
w'r
FOR
A-.JJ2015
.1964
7-J
•.
7-J
80
^
1971
M-S
M-f
'80
<
-
98-'.
81
09% 102 Vs.
98
~3
82
82
J-J
2000
-59'A
102
•63%'<65%
64
A-O
.1990
1057
:i
-
94 y8
'82
V: H94
80
3
-
'
99%
103
,
100'A
•••
105%..
Volume
I HE COMMERCIAL &
Number .4659
166
NEW
YORK
RANGE
Friday
Interest
New
Sale Price'
Week's Rang*
Last'
Period
BorftfS'
York Stock Exchange
hi
l'rid,.
Low
■
High
BOND
WEEK
ENDING
RECORD
DECEMBER
New York
A 1st
1st
&
ref
ref
72 V2
St Louis DiV 2d
65%
Atl
101 Va
105%
(KH)
(B F)
Co
Northern
General
General
5s
Series
B
Gen
-
Michigan
88%
82%
84
78
79 %
ser
P_
2000
1982
ser
Q
2010
mtge 2'As ser R
A
Debentures
15
Mobile
& Ohio
Gen
Gull
Water
1st mtge
Hudson
Coal
Hudson
Hudson
&
Corp
Co Gas 1st
7%
1st
2%a series A
gold
4si
102-105
101%
1951
101%
1st
sterling—
1951
trust gold 4S
1952
Collateral
-
Refunding
4s
—
I
s
101%
•
'
20
trust
gold 4s—:
,1953
40-year
4%s__
Litchfield
Div
Louisville
A.
1st gold
Div & Term
3s___
Louis DIV & Term
Gold
89
95 %
,1951
gold 3s
*96
S5'/a
T
Lines
1st gold
1st
,
3%s
84%
.
1st
&
97%
96
96%
13
62%
100'%
1-
96"
*95%
series
A
Terminal
15%
85
78
60
102%
106
100%
103%
53
63
65
74-.
59
68
89
101 %
901/2
98%
971/8
99 3/4
1041/4
102 '/a 104'/4
9T
97
102'/a
1061/2
*__
97%
90'/a
102 Va 102%
102 Va
104
98%
100
.f'
104
97
101
99
1?:: 101
102'/a
106 Vs
104
109V4
115% 116%
115%
124%
101% 101%
101'/a
101%
*~
90
*100%
—
1st
*1021/4
89%
81%
82
*75
99%
100%
109
100%
105
—
99%
75%
96
1950
81%
100'/a
Ry Co—
6s series A
i;
ft
series
'*/
90%
90%
86
106%
86
101 %
1956
Int
97%
79
1956
.
A 1st gold 5s series C-;
SAInternat Hydro-Elec deb 6s
95 Va
83
1952
_
101%
80
96%
100 %
102s
971/4
81%
1970
gold 4s
Adjustment 6s series A—July 1952
5s
32
84%
62'%
•
89
1963
—_1963
Ry 4s ser A
Indianapolis Union
A 1st
39%
84%
63
& ref 5s series
Ref & Imp 2 %s. ser C
1980
{International Great Northern RR—
A
85
85
63
1977
*90
100% 100%
1963
series C
Indiana 111 & Iowa
A 1st
82%
62'/4
100
96
*95
1951
86 %
♦
:. 18%
__
1951
1st ref mtge 4s ser D
Illinois
& ref
96
85%
45%
"lOO'/a 101
4%s
ref
74%
65 '/a
Chic St L & N O—
ref 5s
Joint 1st
F
58%
100%
61
108%
Registered
111 Cent and
43%
102%
9W* 100
-
98
1951
gold 4s
100%
100%
97%
106-
96%. 100
gold 3%s_1953
95
111
71
100%
.
67%
106'/a
1951
Springfield Div
Western
119/
1950
3 %s
104
101%
iE/98%
_1951
Omaha Div 1st gold 3s
St
^4 ?
——1966
Cairo Bridge gold 4s
102 %
78
__
_1955
__
106%
98%
106
93% 100%
96 '102
,
5s
100%
93% 101%
1952
Refunding
102
99%
71' '£
—
1955
Purchased lines 3%s
.Collateral
100% 100%
100'/a 100'/a
I
1981
Moh'k & Malone 1st gtd gold 4s—1991
Monongahela Ry 3%s series B
1966
Morrell (John) & Co 3s debs1958
Morris & Essex 1st gtd 3%s
2000
Constr M 5s series A
-1955
Constr M 4%s series B------—1955
Mountain States Tel & Tel 2%s—1986
105%
80
94%' 100'%
103%
1949
1980
1951
3s
& ref 5s series
gold 5%s ser A--gold 5s series H
95
78%
101%
4s
AConV
A 1st
1951
_
95
1978
1981
:
80
77%
93
"96
&
ref 5s series G—
Extended 1st gold 3%s_____
gold
Mining
A 1st
Illinois Central RR—
1st gold 3'/aS
81%
102
99
A 1st &
A 1st
1st
84%
27/aS
mtge
A General
Feb 1957
Illinois Bell Telep
94 Va
66%
1st ext 5s__—1940
Mfg 2%s
1967
Minn -St" Paul 61 sault Ste Mane—
1st mtge 4%s inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
Mo Kansas & Texas 1st 4s
1990
Missouri-Kansas Texas RR—
Prior lien 5s series A
1962
40-year 4s series B
1962
Prior lien 4%s series D
1—19^8
ACum adjust 5s series A—Jan 1967
{Missouri Pacific RR Co—
A 1st & ref 5s series A
1965
1957
A_
98%
98
97
1979
Gas 1st mtge 3%s_1969
1949
5s
112 %
1951
1962
gold 5s
Manhattan
AAdj income 5s
98 %
103 >/4
99 Vi
gold 3%s
& impt 4%s series C
Minnesota
1041/4
1970
A
*23
;
{ § A Midland of N J
9%
100
2%s—1978
1999
2%s
f 5s series
1st s
7'/a
1st
3%s
& Sag
Michigan Cons
99
65
1976
Hocking Valley Ry ISt 4'/as
Finance
90
62
2044
mtge inc 4s ser B
M 2%s
States Util 1st
Household
Ref
1969
ref 3%s series D
Hackensack
1st
91
1975
2015
A
mtge inc 5s series
1st &
93%
78
91
104%
82%
RR
1st & ref 4S series. B_
Gen
108%
C"**:ral—
Jack Lans
88%
'
100'/a 101
1959
117%
91%
62
7%
ctfs- B
Greyhound Corp 3s debs
Gulf
90
1961
-
ctfs A
High
107%
99%
104%
2%s
AGreen Bay & West deb
84%
1972
133'A
88'/a
January 1
Low
105%
70
.
(Southern Lines) 4s__1959
May Dept Stores 2%s debs
Mead Corp 1st mtge 3s
96%
69
fund__Feb 1 1957
129
mtge 2%s
Gen
Sugar 4s sink
109J/a
mtge
0__—
98%
1972
-two*
1211/8
91%
Gen
ser
2%s debs
4s ser B
118%
91%
7::
110%
4s_.
llU'/a lluva
113
1990
Gen
mtge 3'/as
Div
1976
C
3%s ser N
;
Range Since
96
—1968
Metropolitan Edison 1st mtge 2%s_1974
Metrop Wat Sew & Drain 5%s—1950
113
—1952
-
No.
87%
1973
series
■
Sold
97
F.
G
ser
& Co
& coil
AManila RR
2%s_1965
mtge
Co—
General 4%s series D
mtge
Manati
1969
1st
Ry
5%s
Gen
1st mtge
debs
inc
conv
Great
High
•
gold 3s
Central' RR 4%s ser A——I960
Maine
Realty & Utilities Corp—
Goodrich
M 27/es
Knox & Cine
Macy
A 43
;.-v:
Bonds
:
106
103%
103% 103%
G*k & Eleo of Berg GO cons 5s..—1949
Range
Friday's
106% 106'/a
31/2S—,
series
3%s
103%
48 V2
Francisco Sugar coll trust 6s.
General
M
105%
49
A
or
Bid & Asked
Nashville RR—
&
1st &
& Elec
100
deposit.
of
Sale Price
Low
100 V*
deb.
1st 4Vis.
& ref 5s series
A Certificates
Week's
Last
Period
Stock Exchange
High
Low
No.-
Interest
BOND 8
January l'f
.
Louisville
{Florida East Coast
;
Friday
Range Since
Sold
Louisville Gas
Firestone tire & Rub 3s
26
'
Bonds
v s
Sid & Asked
FOR
FINANCIAL CHRONICLE
1972
1944
Rys Cent Amer 1st 5s B
James Frankl & Clear 1st 4s
1959
Jersey Central Pow & St 27/eS
,1978
Kanawha & Mich 1st gtd gold 4s__1990
Kansas City Power & Light 2%s
1978
Kansas City Southern Ry 1st 3s
1st mtge 4s ser A
Kansas City Terminal Ry 2%s
100
99'/4
1975
Kentucky
*—
1987
Central
gold
1950
103%
99
1974
4s
unguaranteed
Kings County El L & P 6s
Koppers Co
1st mtge'3s
{AKreuger & Toll
5s
99
103
100%
95
68%
95
112%
*~
95
108
112%
112%
102
102%
102%-
180
187*>4-
__
1997
175
183
100
100%
1959
1%
110%
123%
45
971/4
103
1051/4
115
47%
1964
-
ctfs
101%
115
1961
_
82%
100
*40
1961
4%s
82
1041%
105
96
91
1051/4
99
103%
100'%
*—
Kentucky & Indiana Term 4%s—.-1861
Stamped
1961
Plain
99
101%
105
100
99%
103'% 103%
99 '/a
1%
105%
I1/* -;
37/a"
96%
7%
Lake Sh & Mich Sou^gold 3%s
3%s registered
Lautaro Nitrate
1997
1997
Co'ijCtd-—,:•
£.lst mtge Income.
25
Lehigh Coal & Navigation Co—
vS^F; mtge3%s ser A—V07Q
14
6%
95
104'%
59
75%^ 91%-:
"
104%
3
';I03%
85' ..*-; 991/2
88
9
&
103%
104/105%
77
103%
104
107
-
Lehigh Valley CoaL Co—■/:
1st & ref
*
sink fund s«
;
,
5s stamped
1st
81
:95..^I01%
%.:
1954
1-1954.
96
ref sink
fund 5s_,
..1964
stampedi^/;-;..:.'Lv.^' I;/
io«4
i.roi%
83 %
Jst & ref: stok ^on)(F5s^u^ta*^197^
82
Val Harbor Term, gtd 5s_.__;_l854
58
Lehigh Valley Ry Cd'NY 4%s ext. 1950
62% i* 02
;l(ehighr.VaHey^RR--*.^.,;:/>.r-: v-ViV-r
: : 4s stamped
;modijU^u.w^iii^,20034s:
'.
-
;'~4%S registered
5s
:
31
registered-onofl.:
4 YaS stamped VrmimieH
.
-
33i/4
33%
_
30;
35
.^39%
J":r457%
30%^ 43
.2003
38
Lehigh Valley Terminal Ry ext 5S.1951
Lexington & Eastern Ry 1st 5s
.1965
Liggett & Myers Tobacco 5s
1951
65
66%
121
-127'%
Little Miami gen 4sTS£ries A
Lombard Electric 7s series A
110% 110%
109 7/a
107% T10
lOByaMs
Long Island unified 4S_
Guaranteed
4s
stamped
Lorillard
>
3s
ref
(P)
see
100% i 01%
99
100%
100% 100%
99
1951
li
1963
page
28.
52%
80
128%.
116.
99ya vl02%'
100%
1949
Co deb 5s
For footnotes
—1952
38
64%'
121
1949
-
debentures
42
1948
gold 4S_>
12S
31
*33%
19«9
126%
12&
27
36
136 Va
126%
28%W42%
30
49%
127
wm
34
2QQ3
on/^
stamped modified..
-
84;-j '
stampede,
Leh
87 ^
vet-' rvetvv:
.
1091% 109%i
101% 101%;
104
*
104
109%
115%
100'A
106
98% 100%
,
98%
113%
96
109%
60%
61
76%
72%
87%
101
91%
104
92
103%
98 y«
103%
96% 104%
951% 104 Va
96%
101%
.
COMMEkClAJ. (S FINANCIAL CHRONICLE
W *,.•
i',' f:t
V
t
■■
'V
•
11
.
NEW
YORK
if4?£■:range
Friday
Interest
BONDS
New York
Period
Stock Exchange
"
?'
'
\
.
■
J
'
•
'
.<
.
t.
t*
,
•
.
#
i
Monday, December1 29, 1947
*7.
I
BOND
foe week
,*
1
RECORD
Ending December
26
Week's Range
Last
.or
Sale Price
Friday's
Bid & Asked
Friday
Bonds
Sold
Range Sinoo
'
'•
•
January 1
New
BONDS
York
Stock
LowHigh
No.
Low
;
f
(■Interest
'
Period
Exchange
'
Week's Ran re
Last
or
Sale Price
Low
93%
Range Since
January 1
Sold
No.
Low
.107
91%
High
1948
1974
Oklahoma Gas & Electric 2%s
1978
*93% 101%
Oregon-Washington
1960
102% 103%
«■
12
100%
100
^
12
10
100%
19
99%
38%
39
•—
guaranteed 46
Ohio Edison 1st mtge 3s
1st mtge 2%s
£8%
98%
103%
95
90%
100%
90%
90%
99%
93%
103 'A
103
106%
93%
100
102%
95
107 Va
93
90
*__
1978
RR 3s ser A
Bonds
.
*_.
A Lake Champlaln Ry—
A 1st
High
91%
91 '/a
—
tOgdensburg
Friday's
Bid A Asked
High
*124
109
93
126
100'/a
126
100%
—
109%
1st
&
ref
3%s
series
I
1968
3s
series
J
1st
&
ref
1st
&
ref
3s
1st
&
ref
3s
108 % 108 %
89
101%
1974
101'A
99'A
109
93%
109 Va
100%
109 Va
75%
76 Va
104
90%
90 Va
99%
ref
3s
series
M
1979
ref
?s
series
N
—1977
2%s
2%s
99% 100'A
j
101
101%
1981
debs
97%
1980
4s
series
E
trust
f
Glass
Sand
Power
Pennsylvania
4s
104 'A
91
103'A
105% 108
103
106'A
102%
109
108%
121
104
106
117
103
106%
102
105'A
*106
102'A 102%
A
3'As
Light
*103'/a
1960
*38%
101'A
102-Va
40
103
104%
91%
99
Conv
deb 3%s
mtge 3 VeS
100
4'As
1960
104
100 %
—
100
101%
96%
105
107%
101%
92
125'A
118'/«
96'A
1984
96
1952
98
95'A
110
96'A
122%
96
96 Va
91'A
98'A
95%
79
—I960
77
ext
101
60
60
59
19
22%
Apr 1990
21%
1974
*106%
1980
99 Va
99%
5s
series
50
39
100
B—
coll
tr
Electric
2%s
'J:rvilst
A
ref
1974
A
ref
tlAPhilippine
;
A
1st
of
f
s
4s
debs
3%s
1st
4'As
B
96'A
105%
Ref
96'A
104'A
101'A
105%
98%
98%
RR-f
96%
102
102--
102
115%
2%s
*__
120
107%
107 Va
Universal
♦—
117
112
87
98%
98
103'A
91%
100%
109 »A
125%
106%
.
121'A
109%
104%
97
——
2%s series C
mtge
10R
112%
97
*101% 102
debentures
102%
1970
105%
104% 105%
13
101
105'/a
105
105%
12
101
85%
1
85%
*1027/a
101% 101'A
*101% 104%.
84
United Biscuit 2%s debs
i
S
Rubber
Cons
103%
2%s
debentures
Vandalla
127%
85%
U
s
debs
RR cons g 4s
f
4s
debs.
104
Va & Southwest 1st gtd 5s
101
105%
101
,105%
1st
Coke
102%
-
104
Va Iron Coal &
100 Va
series A.
series B
Virginia Electric & Power Co—
1st A ref mtge 2%s ser E
100'A
3
95%
96'A
--------
Pictures 3%s
102%
—
*102% 102%
1958
94
104%
98%
lBt gold 5
100'A
107%
98
106
95%
cons
Virginian Ry 3s ser B—
111
106%
84 %
1959
1960
K*vfjv:i
Youngstown A Ashtabula
By
gen 4s series
A—1948
1st-gen 5s series
B.^,v,7;.-.'.,t,196a
1st
? t
gen 5s series C
1st gen 4%s
series D__
;■
APlttston
% Potomac
Co 5'As mc
El
1974!
1977
aeo..,...._.1»64
Pwr 1st M 3%a
1st mortgage 3%s
i t A Providence
Securities 4s
,;
107% 107%
3%
deb—
3s
1st
.
Vjv-
„
2%s
102 %
1950
v; Pitts
.
Mo
coll tr 2%s—
Calif
Union Pacific
•t
106
Virginia Ry
'•!*:•/•'
,{
r
A
of
debentures
102
1950
1st mtge 4%s
series C
j
2%s
103%
Coal—
1st mtge 4'As
series A
1st mtge 4%s
series B
<
100%
Oil
of
Co
Electric
mtge
Union
*„
1965
A West
104%
94
mtge 3%s_1964
mtge
mtge 4%s series
Pittsburgh
i
99
1973
debentures
1st
12'A
1975
5s series B
Steel
1st
8
..1964
Consolidation
Pittsburgh
Union
14%
1963
:
Pgh Cine
Chicago A St Louis RR—
Gen mtge 5s
series A
Pittsbuigh
105
9
1960
Cons gtd 4 %s series I_
Cons gtd 4%s series
J
Gen mtge
3%s ser E
Plttsb Coke & Chem
1st
105%
105'A
9*7
1949
94'A
105%
1953
1957
Cons gtd 4s
series G
Cons gtd 4s series
H
j
*93
97
1964
Bessemer
Af,\ ^ Gen mtge
61%
108
97%
1937
Cons gtd 3%s
series E—
•
81%
lzoVa
105
98%
deposit
2%s
130
120
1974
Cons gtd 4s series
F.
.
:
116
27
A L Erie
2%s__1998
Pgh Cine Chicago A St
Louis Ry—
.
•
117
107%
1981
——
Phillips Petroleum
Pittsburg
107
—1967
Ry
Certificates
107'A
1971
2%s
99'A
105
*103
*102% 114%
1961
2%s
A ref
•
1977
4'As
Co—
2%s
1st
1st
.
94'A
100
80 %
60%
v
105
103%
137%
*99% 100'A
General gold 4'As series C
Co
92%
89'A
124
106%
99 Va
106%
107%
10
75%
12%
106
—
129
98
103
12
103%
77
115
7
3&
118 %
97%
1985
F—
ser
2
us y.
105
1981
E
115
100%
1968
series
103%
114
1965
Phila Bait A Wash RR
Co—
ref
103%
103%
105
100'A
*100,s6 103
*100 A
1948
4'As
Peoria A Pekln Union
Ry 5%s
Pere Marquette
Ry 3%s ser D
A
56%
99%
106%
97'A
1948
dollar
fund
Peoria A Eastern 4s
A Income 4s
1st
104%
106 Va
98
Co—
4s
mtge
Philadelphia
Philadelphia
92
45%
1965
stamped
Gen
General
94'/a
101
1952
General 4'As series A
General 5s series B
General 4'As series D
:
109%
RR—
sinking
Gen
-94%
128
104
1973
gold
sterl
Cons
93
89'A
94 Va
111%
103%
92
debentures
Consol
113% 116
98%
1960
ctfs
1st mtge 3s
s
75 Va
,89
Co—
Pennsylvania
Pennsylvania
3s
83
90
f
Airlines—
inc debs
:
conv
83
96
Pennsylvania-Central
A3 'As
100% 100%
109%
102
198*
—1987
gold 4%s_—1955
Paterson & Passaic G & E cons
5s_1949
Gtd
va
95
1980
debentures
Pennsylvania
94%*:
102%
&
3VaS debentures
Paducah & 111 1st s
83
llU
102
&
Tel
90
103'A 103'A
1971
1st & ref 2%s scries P__
1st & ref 2%s series
Q
A
91%
1970
L
series
1st
Tel
97
95 Va
87
109
104%
103%
81
K
series
1st
Pacific
108%
90
96%
81%
93'A
PacUlo Gas A Electric Co—
92%
97%
81%
1966
*—
102
1957
1956
196»
1st & ref mtge 3s
1972
1st A ref
mtge 5s
2037
1st A ref
mtge 8s.....
92%
*115
75%
*118%
92
< 102'A
93% 100%
*100
*105%
—
101%
88yz ;
—
9%
*86
—
88 Va
88'A- 90
10%
'r
.104% 104%
92
♦51
106%
*102'A 104%
100
54
50
ft 100,'*
*98*
♦141
2037
104%
'
.
97%
100
deb.
'
100-iV
102'A
99
109rV
100
107%
60
101'A
103
108%
113%
105
107%
106%
105% 105%
107
108
Quaker Oats 2%s
,'94
80
*115 •/• :■ "k.
1977
tAProvldence Terminal 4s
Public Service El A
Gs* 3V«»
,.
-
109%
99'A
97%
106 Va
100%
99%
106
94%
Reading
;
$
Co 1st A
Revere Copper &
Rochester Gas &
Gen mtge 4%s
Gen mtge 3%s
Elec
»
,
series
;
tiARutland
RR
4s
93%
*96%
A
1977
H
1969
,
4%s
1934
1949
stamped
1941
97
60
57
59
,
103
103
76 Va
55%
72%
103%
106'A
102%
104% 104%
63%
64%
7%
104%
*7%
8%
(.■>■
64%
.1956
1960
,7%
99%
100
95%
95
106
95
94%
101%
94%
110
73/4
41
*__
.95
•
1967
J
100%
98%
58%
♦103
1967
I:
stpd
4%s
95 Va
75
56%
D
mtge 3%s series
Gen mtge 3Vis
series
tIAR I Ark A Louis 1st
t A Rut-Canadian
D..199B
Corp—
Gen
v
eer
3%s_.—1960
series
98'A
76 Va
83%
101% 101 Va
ref 3%s
Brass
79%
89
80'/a
I
95%
84'A
A-O
•
101% 101%
J-J
*109
101%
105%
116%
118
15%
116%
*
73%.
75
60
66
\
;
i
Saguenay
Power
3s
A
1971
6t Lawr A Adlr 1st
gold 5s
2d gold 6s..
:
Bt L Rocky Mt A
P
1996
.
>
5s
stpd
1996
Bt I-ouls-San
Francisco Ry Co—
1st mtge 4s ser A
i
A 2nd mtge inc
4'As
,
Bt
i
1st
A2d
4s
,
A
inc
bon} ctfs
ref gold 5s series A
1951
1997
..2022
*•
1st
gtd
4s
Seaboard Air Line RR Co—
1st mtge 4s ser A
AGen mtge 4'As ser A
(Jos E) & Sons
Seagram
79%- 92 Ya
37% 57%
Nov 1989
1990
96% 104%
.83
90
78
105
.
■>
32%
51%
105%
106%
126%
1989
130%
10°*
2016
2'As
.
1989
St Paul A Duluth 1st cons
gold 48-1961
$St Paul & Kansas
City—
fAShort Line RR
gtd 4%a
1941
St Paul Union
Depot 3%s B
1971
Scioto V A N E
.
A
Ry—
certificates
bond
4s
A Gen
,
ser
Louis-Southwestern
;
y
-
ser
1966
99
101%
S«i/4
76 Va
93%
98
7
Yonkers Elec Lt A Power 2%s.
82%
75%
15%
24%
-
Volume 166': Numberv 4659
Friday
York
Curb
Week's
Exchange
Range
Shares
ACF-Brill Motors warrants
Aluminum
Acme
Wire
Co
4%
—«
3°
f
5% Jan
Feb
Oct
Brillo
11%
Feb
5va
3oJ
2
Aug
3%
Oct
British-American
21/8
Oil
2,000
1%
Dec
3%
Feb
British American
,
fO
3'/a
23
Dec
V Jan
12%
iV
4.20%
•—
Amer
$3.75 cumulative
American
Bantam
American
Beverage
Car
Jun
Buckeye Pipe Line.
Jan
Burd
1
Hard
Burma
Burry Biscuit Corp
Butler (P H) common
24*%
14
Feb
96
American dep rets 5%
Calamba
common
40 VA
Convertible
•
20
—
——•
preferred—
*
preferred
Co__—
Mach
Class
9V2 May
9Vb May
•
•
—
—
7%
preferred—
-100
—
Capital City Products————
*
Carey Baxter & Kennedy Inc—
—1
Carman & Co new common———2.50
.
A—
Carnation
Carolina
Co
common
•
-.
Power
& Light $5
Biscuit Co.
Carr-Consol
pfd—-—*
—-—1
Carreras Ltd—
Co common
2s 6d
——1
Casco Products common—
—*
Amer
Carter
May
5*/a Apr
9%
16'/a
7*/a
Jan
24
_—
3*/a
Jan
3.50%
5%
11%
Oct
98%
Dec
Central Power & Light 4%
Feb
Jan
1™.
,.y
4% May '
..common™-.
3 %
May
3% May
10 Va Jan
110% Jun
9% May
10% Jan
Common elass A
non-voting
-
v'ArJfansafrjBowfit: i&dbighk 47 pfd_->
Are
EquipmentCorp——.—1;,—--i.
Asbland! Oil & Refining ?Co———-
v.,
preferred—10d
preferred——-—-—.V,. .. . .100
-100
Conv pfd op- div ser 1929-——-iOo
Century Electric Co common——
10
Cessna Aircraft Co common——-1
■■
;7%
Conv pfd opt div ser—
11% July
114
100
•
f Central States Elec 6%
Feb
6% July
6'/»Juiy;
f
1
pfd
Central & South West Corp
114% Mar
8'/a
tj
100
preferred—.
Central Ohio Steel Products
July
Dec
10
1
(A M) & Co—
Catalin Corp of America
Central Maine Power Co—
Jan
7%
dep rets B ord
(J W)
Castle
6
—
voting
non-voting—
Canadian Marconi——
—
.
preferrexk—^
B
Alcohol-
Canadian Industries Ltd—
™_™.
Argus Inc
Arkansas Natural Gas
A
Class
preferred-—--™—-.—;
& Chem class
Industrial
Canadian
_.
.
—•
common
preference
Canadian Canners Ltd—
2%
40 Va
5
Ltd—
Canada Cement Co Ltd
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian. Elec Pwr 4%% pfd—
.
Bread Co
Canada
6% %
1
1
Corp
Insurance
19 »/4
Anglo-Iranian ,011 CO Ltd-kAmer dep rets
ord/reg*i-———.
:
Tungsten
34V8
1%
:.—£l
1
Power
33%
108 V2 109 Va
Anchor Post Products
Angerman Co Inc common
v
Electric
19
——
pfd
Sugar Estate—
Camden Fire
common—
/-
Wireless-
Cables &
Nov
American Thread 5% preferred
American Writing Paper
i
.12 Vic
—25c
Cable Electric Products common—/-50c
■,i
Republics
:i American Seal-Kap common
Amer Superpower
Corp com
n
$8 series preferred-—--—
v
Mat
14% Feb
Chamberlin Co of Amer
15% Nov
new
com__2.50
Charis Corp common
——
10
Cherry-Burrell common—
,—-5
Chesebrough Mfg common
;
-10
Chicago Rivet & Mach——4
Chicago & Southern Air Lines
<—*
Voting trust cfcfs—
——_*
Associated Electric IndustriesAmerican dep rets reg-——_
Associated Laundries of AmericaAssociated Tel & .Tel class A
Atlantic Coast Fisheries
——
AtlantloCoastLineCo———L
Atla s Corp -warrants;:—
Avery
(B
Chief
j.--.
Atlas Plywood CorpAutomatic Steel Products
Automatic
son
Corp Amer dep rets—
California
Class
American
.?
i
Deo
3% Mar
American Mfg Co common
American Maracaibo Co
American Metal Products Co
American Meter Co—--——f
•
Dec
o3/„
Feb
5
——1
preferred—._
■
2%
ok
Nov
195%
Rubber
American Potash
Dec
Dec y
—
Jan
Callite
convertible
Dec
Oct
100
Co—-
Rmg
Feb
American Laundry
American Light & Trac common—
6 %
Piston
Nov
——'J—
convertible
17%
18'A
105% Feb
177% 179%
American Gas & Electric
4%%
preferred—
$2.50
31
common
80
Class B—
American
Rubber Co
25
American & Foreign Power warrants.
American Fork & Hoe common
$2
ok
Inc
City Auto Stamping
City & Suburban Homes
Clark Controller Co
F) ,& Sons common—
■
■'
—5
Colon
'
'
ordinary
—
Airlines
!
Colonial Sand & Stone Co
:
Colorado Fuel & Iron
*
warrants
Colt's Manufacturing
Co
2
Commodore Hotel Inc
v
12
4
common
Development
Colonial
39;
12 V*
2(
Products Co
Cockshutt Plow Co
116
38
1
Clayton & Lambert Mfg
Clinchfield Coal Corp new com_
Club Alum
113
38%
.
Clarostat Mfg Co—
Claude Neon Inc common
com.
113y8
—1C
1
—1
—
-—
new
1
Mining
Cities Service
Voting Machine
preferred---—Ayrshire Collieries Corp
Consolidated
SChilds Co preferred——100
common—
-10
—
—
Commonwealth & Southern warrants.
Community Public Service—
—2
Compo Shoe Machinery—
Vtc
ext
Conn Gas
17%
1%
8%
16%
1%
17%
$3
2
to
1956-l
—
& Coke Secur common;.
preferred————————
Consol G E L F Bait common
136V8 136*%
8%
9
69%
70%
4 Va %
110
llO'/a
4%
101
101V4
series B preferred-—-—If
series C__
—.If
Consolidated Gas Utilities
preferred
Consolidated
Consolidated
Consolidated Steel Corp common—
Consolidated Textile Co
Continental
j
& Varnish. <Co———
Paint
Cooper Brewing Co common———
Copper Range CoCornucopia Gold Mines————
Coro Inc
Corroon & Reynolds
$1 preferred class A
Cosden Petroleum common—™——
:>:/
5%. convertible preferred—™^—
"
8%
Va
77'/a
3%
30 »/a
1<
Car-Na-Var
Cook
1
Corp—
Continental Fdy & Machine Co_
:-n
8%
3Vs
75
Mining & Smelt Ltd
Royalty Oil
26% Jan
10% Dec
22
Feb
36
Feb
25
Jan
.'
6'A May
14% July
14%
15'/a
200
'/%-'//'/-■■
Bunker Hill & Sullivan-——
Aug
5
Brown
23%
Co
American General Corp
500
Jun,
Bruce (E L) Co common
Bruck Silk Mills Ltd...—
5*/4
American Cities Power & LightClass A
10'/4
22Va
15%
dep rets ord reg——
Jan
ll7/8
common—
.
„
12*/o
Mar
.
common
American Book Co—
,
High
Loth
>
—
10
.—
92
common—
preferred—
Aluminum Goods Mfg
/Aluminum Industries new
* Aluminium
Ltd common
—
12
Co
108
1
1
America
'
:
..
Oct
——
pfd
Inc
of
common—
;
Class B—
Alter fer Bros Co common—™——
Co
Co
7
—
Aluminum
'•//
British Columbia Power class A
Alles & i Fisher commonAhied Internat
Investing Corp_:
Allied Products
(Mich) common—
-
High
.•
Range Since January 1
Brown Forman Distillers—
Electric Appliance
Alabama Great Southern
Power
Mfg
—
Class;'A-- ''-.—j;-.—
preferred
Airlines
Low
i,
Shares
Amer dep rets ord bearer
Amer dep rets ord reg
British Celanese Ltd—
Air-Way
Alabama
Sales
for Week
,..
Tobacco—
2,000
"
§A reon Mfg Corp
common—I——5i
60c convertible
preferred
Alaska
Range
of Prices
High
2Va Dec
34
1%
Convertible
> Week's
Last
Sale Price
Exchange
Dec
3-4
Ainsworth Mfg common-Air Associates Inc (N
J)
Air Investors common———
York Curb
5 Va
Aeronautical Products
Aero Supply Mfg
capital stock———
Agnew Surpass Shoe Stores—
New
400
5Va
32
6%
;
200
l
Bridgeport Gas Light Co—™—
Bridgeport Oil Co
5%
Inc
Low
3
Adam Hat Stores Inc———
common————
STOCKS—
Range Since January
High
3
Alloys—
Friday
for Week
of Prices
Low
Acme
Sales
Last
gale Price
STOCKS—
New
327/a
xl4'
14%
V
'
.
:
21% Jan
20=8 Feb
I
4% Feb
the Commercial ^-financial
(2686)
0 '
i
:
Week'*
Friday
' Last
gale Prlca
STOCKS—
^
New York
Exchange
Curb
V:■:-O.
;
Courtaulds
Creole
Petroleum
Croft
Brewing
4%-
4%
100
42%
38'A
42%
16,200
25%
Jan
42%
Dec
1%
7%
6%
1%
Oct
2%
Feb
$4.50
Goldfield
7
1%
8
6%
7%
6,000
5
1%
7%
6%
5%
Crown
Cork
(Md)
International
•
A
Crown
preferred
Cuban
Atlantic
5%
preferred
Cuban Tobacco
*
common
Curtis
Lighting Inc common
Curtis Mfg Co
(Mo)
14%
10%
Feb
11,600
4
May
7%
Dec
Gorham
3,700
■
7%
May
39
26%
Jan
18%
50
20%
104% 104%
Apr
Sep
104 %
Dec
107
9%
14
9%
100
7% May
17
6%
350
5% May
10% May
8
Feb
285
14
7%
Great
Oct
»-* 00 £
$5 conv pfd
Products
Stores
Gulf States
7
Oct
9%
Feb
May
8
Dec
25%
9% May
Jan
70
47% May
800
Dec
15%
7% May
21
Sep
8%
8%
101 %
101% 104
137
137
7%
500
8%
700
112 ■' July
05% May
315
Feb
14
145
Apr
Jun
39%
Jan
47% Nov
9%
Dec
15%
J^n
30
97%
Dec
114%
Feb
12%
25
9%
Oct
15%
Feb
8%
Nov
9%
Nov
9%
.100
133%
'200
10
137
45%' 45%
45%
.25c
100.
97% 100
.
..25
97%
9%
*
Lime & Alabastine
Gypsum
56
Apr
69
~7%
100
common..
Jan
19%
*.
Utilities $4,40 pfd
Jun
1%
6&
5
stock
104%
100
7%
Dec
Nov
100
—1
common
Jan
% May
10%
10%
..25
1st preferred.
Northern Paper.—
Grocery
3,900
44
68'
Jan
61%
39
25% May
96
IIo
common.
Non-voting
Jan
6%
13%
—
Mfg
Gray Mfg Co
Great Atlantic & Pacific Tea—
Jan
%
%
5%
Jun
48
200
j*.:-
class A
Inc
Rapids Varnish
Grand
Oct
50
29 %
.50
Graham-Paige Motors
Oct
3%
Apr
21
Consolidated. Mines.
Gorham
Dec
5,000
19%
—
2.5o
3
20
Feb
20*
Dec
75
50
Goodman Mfg C©:.*
36
36
19%
104%
3
100
Sugar
Dec
Dec
4
3%
29
III
High
T,oir
3f% May
700
«r
6
15%
3%
3%
Range Slnrr January 1
High
Low
A.
preferred-
prior
7%
r100
Shares
29
900
1%
36
Sugars class
500
3%
3%
3%
25o
;*
10
Drug Co common
Crystal Oil Refining common
Godchaux
Feb
16
16
—
for Week
.1
common.
Class B
1
•
1
_
Co--
Petrol
Cent
7%' Jan
Dec
4%
Crowley Milner & Co
Crown
4%
£1
reg)
Range
of Prices
Pat
(AdolfV Inc
/,
Last
Exchange
Curb
High
Low
High
3
(ord
Crosley Motors Inc
$6
Shares
of Prices
York
Saleh
Week's
Friday
Sale Price
V-8TOCK8— A'
.
New
Range Since January l
Gobel
receipts
dep
december 26
bales
Ltd—
American
EXCHANGE
range foe week ending
for Week
Range
HV'srA LOW
Par
CURB
YORK
NEW
Monday, December 29, 1947
chronicle
9%
,
12%
D
kills—
Davenport Hosiery
Davidson Brothers Ino
Dayton Rubber Co class A
Dejay Stores common.
Dennison
8%
debenture_r
Derby Oil
Detroit
Co
Detroit
inn
_
&
Devoe
&
Diana
Stores
Corp
22%
!__!!!!_•
3,100
21%
Oct
8
Jan
38
Jan
Hall L8mp Co new common-
10%
Feb
Hamilton
12%
Feb
Hammermill
May
6%
32
6j/4 May
9% May
1,100
£'00
23
22%
100
13
6%
2,900
155.
Dec
10%
17% Aug
11% Sep
4%
Dobeckmun Co
Domestic
common
Corp class A
Dominion Bridge Co Ltd
Dominion
Steel
&
Dominion Tar &
Coal
Corp.
Driver
Duke
Ltd
new
14%
325
26
14
14%
2,000
19%
3%
500
2%
078
10J
500
7%
Oct
25
Dec
33%
17%
•
150
78
76
Dec
75
79
Dec
Jan
48'
rets ord reg
Durham Hosiery class B
Duro Test Corp common
Duval
£j•
common
106
Apr
500
13%
12%
•
„
200
5
5
May
*
Mining Co
Horn
15%
Eastern
Malleable
Eastern States
Iron
Corn
shares
$5 pfd
79%
Oil
of
Hussman
81
May
97%
Jan
$2.25
675
49
May
82%
Nov
57
Nov
2%
May
""3%
67
67
69
200
57%
60
575
Jan
50
57%
!!"""
40
1,800
,
4%
1% May
int
beneficial
11%
int
200
11%
10 Vs
14%
Dec
53%
54%
575
42% May
10%
10%
11%
1,600
6% May
13%
100
11%
37,600
8% May
115
May
17%
Jan-
common
147
Corp
4%
Esquire
4%
600
2%
*7
^
...
""""
2%
16%
18
42%
16%
"
_
43%
•
1,500
3,700
150
60%
100
8%
*
100%
20
9%
4,000
8%
11%
1%
preferred
1%
42%
common
43%
13
600
1%
44
9,300
425
8%
8%
8%
700
3-flr
3%
3%
3,500
i
l
3%
•
12%
Fire
Engine & Airplane
7%
7%
Dec
4%
15% May
24 %
42%
50
2%
Dec
(Phila).
-10c
5c
to $1
100
1,100
7% May
4%
1,100
4%
Apr
Jan
29
Dec
21%
21%
100
20
jun
23
Aug
37
Jan
44
Oct
147
Dec
181
Feb
Dec
43
•
& Co common
Baking Co
147
147
35
25
111
Nov
1
Dec
9%
Dec
Jan
13%
Oct
1% Aug
43% Jun
2%
Jan
6
53%
12
May
36
3%
Oct
30%
Apr
1,400
13%
2
May
4%
32
1,000
21
Apr
32 %
14%
3,000
12
Dec
22%
Sep
14
Jan
46
45
Aug
64
Feb
2%
36
2%
37
380
1,700
250
3%
36
Dec
Nov
43%
1 % May
Jan
17% Nov
13%
44
6
1,100
4% Oct
6%
16% Sep
20%
26
common—
18
23
Irving
3
Mar
19
125
Dec
1%
2
700
1% Sep
8%
300
7%
Jun
17%
18%
500
17%
Dec
10%
Co
Jim Brown Stores
New
new
6%
Dec
14%
27%
Dec
38%
6% May
12%
Feb
5
12%
11%
12%
300
14%
Nov
Kansas
11%
Dec
9%
10
1,800
6% May
21% Mar
13%
100
'5%
Dec
12 %
12%
9,000
10%
Apr
12%
*1,200
5%
10% May
x94
270
83%
Feb
Feb
:e"14% Feb
'
14'
85
SCp
va
13%
Dec
45 %
100
May
13%
13%
13%
59
59
61
12
10%
12%
22,800
11
11%
16%
16%
1%
1%
10%
10%
100
9% May
8%
8%
100
6%
Jan
21%
111
Dec
550
Apr
6%
..14%
Oct
90
96%
86
86%
x94
Nov
10%
800
11% ■11%
5
10%
Jail
.
Apr
.
100 % Mar
Jan
21
71%
Oct
25
Apr
29
Jun
10%
Nov
Feb
300
10
Dec
15%
15%
800
11%
Apr
18%
Nov
700
1%
Dec
5%
200
'
Nov
Feb
Feb
12%
Jan
30
Jan
Jan
Feb
Sep
1%
lj% May
22%
4%
Dec
7%
Feb
500
%
Nov
1%
Jan
1,600
9%
Dec
22%
1
1 %
1%
200
17%
17%
17%
1,125
4%
x4%
9 %
9'/a
5 %
5%
5%
1,300
3%
Jun
7%
Jan
5
5
5Va
1,200
5
Dec
6%
Nov
5%
800
5%
Dec
7%
Dec
26
26
26
25
24%
Jan
14%
15%
1%
1,800
5
1%
1
8%
1
*
9%
1,200
2%
2%
2%
800
4%
4
4%
1,400
24%
25
50
Apr
87
25
6%
Public
General
Shareholdings Corp
Service
6%
8
500
6%
7%
2,600
8
8
200-
33
II
preferred.!*
com—
preferred
9%
1
5%
19
33
100
102
i
$6
9%
pfd
Corp
Plywood Corp
Dec
104%
4
May
9%
Gas & Electric
1%
2
May
3% May
22
s7/« jatt
6%
Jan
Apr
103
50
5%
5%
18%
19%
1,300''
500
9%
8
32%
Jan
Dec
14
Jan
May
7% July
24-
pfd
3%
3%
9%
9%
Jan
Feb
Jan'
37
Nov
109
May
5%
Dec
Jan
5%
95%
90
89
Mar
99% Aug
115 % Maf
109%
110%
l
5
Gilbert
•
19
20
350
13'
13
100
•
5%
300
•
class
B
23%
18%
24%
500
18%
19%
3,600
page
33.
l
16%
16%
17%
6,400
5
Inc
Jun
5
Oct
*
14%
13%
14%
800
9%
9%
1,400
9
9%
8%.
9
May
.
6% May
49;
38
14%
,
Feb
July
111*4
Feb
.
49
Dec
87%
Feb
39%
.
4
4%'
16%.
1,V
310'
38
Dec
69
Jan
>400;
14 %.
12% May
,
19
4
1,400
.6,000
4%
v".
1%
-
7%
Jap
600;:
: i
'I V4
-J;
.14
200
22% 22%
.'•;.^7%Ky7%'¥
i,\:ri7-% i7% t-
.
\Deo
19%
.
Oct
6% Mar
22%
Feb
5
1
1
5
Lane Wells Co common—^
___1
Langerdorf United, Bakeries class A__*
its, July.';;
25%
Feb
20
Ai
Aug"
Sep
•
26%
7VZ May
10%
Jan
13% May'
18%.
Nov-.:
700,,
200
Sep
29%
Apr
La
Jan
25%
Dec
Lefcourt
16
Jun
22%
Oct
10%
10%
7'
_J;
=
400
22%
7% f
22% V
26%
27
7%
>
22%
■
Monotype Machine—.—
Salle Ext University.
Realty tiommon'—^
•^5'Vsr (-Api-V;:
-•
6%. May
> 300
>300
••-"75
Prior
17%
Nov
preferred
Leonard Oil Development
17
Jan
Le Tourneau
(R GV Inc
8V2
Oct
0%
:
r
Jun
Jan
24% Nov
Dec
15%
:
34
Jan
30
Jan
12%-
*v
24%
Oct
Jan
■2ft
Apr
Jun
5
1
18% Feb
2l%May-
27
5
.l——1
*
i.—
25
Dec
I0%t
2,700
-7%
•
•
Class B
Lanston
17% July
,12 V
;
10%
9%
:
9%
18
May-1
100
::
1%
1%
18%
9%
7,100
19%
4,800
i
Dec
119
Apr
.
7%
Feb 1
> Feb
6.
Jan
Dec
13%
__'1,,.'.,,':T4)% .14%
17%
Sep
.
100
._
10% Nov
14%
215
•
18<
Jan
26
52%
,
14%
Feb
26% Mar
•8% May
108
.1
Lakey Foundry & Machine
Lamson COrp of Delaware
18%
Oct
5
*
———5
15
Co common
Laclede-Christy Clay Products
Lake Shore Mines Ltd
Nov
9% May
800
100
200
Oct
12%
13
15
16%
preferredt..———.
(D Emil)
54% Aug
17% Jan
'
13%
16%
.
—.1*
Kleinert. (£ B > RubMr fiouisi
10;
Knott Corp common——
.
—I Kobacker Stores—.—
1 •
Krueger Brewing Co:
—1
Klein
27%
•
2.50
•
Dec
4% May
13%
52% May
•
Coal
18%
125%
Dec
Oct
May
ill% Sep
94
3
Giant Yeilowknlfe Gold Mines
Corp
May
5
35,700
Feb
4%
1,300
•
Gladding McBean & Co
Jun
Dec
25%
100
3%
Georgia Power $6 preferred
$5 preferred
i
Co
30
12%
Kirkland Lake G M Co Ltd—
100% Dec
17% Nov
Feb
122% July
15%
1
100
—100
Kings-County Lighting: 7% pfd B—100
■5% prefetrdd DL-—
100
King Seeley Corp———
1
Kingston Products:.
—:
1
Kirby Petroleums——£:
——1
4%%
Oct
*
Preferred
5%
Kimberly-Clark Cokp—
Feb
89
•
(AC) common
10
K
11% Oct
19% Fob
15
jc1
General
footnotes see
64
Dec
1
Kalser-Frazer Corp.—
9%
General
For
31 % July
Ded
11%
Feb
900
Phoenix
Glenmore Distilleries
Dec
51%
250
5%
Feb
700
reg
Outdoor AdV
Globe-Union
24
1.500
Feb
900
preferred
Alden
4,300
53
—*
*
com
preference
8%
7
*
General Electric Co Ltd—
Glen
Jan
1
Julian & Kokenge Co
28%
General Finance Corp common
5% preferred series A
General Fireproofing common-
v
49 %
1
common
Jefferson Lake Sulphur Co
Jan
31%
Glass
Jeannette
7%
7
-100
Harvester
May
1
Air Chute
27%
Mfg Co common
Alloys Co
General Builder® Supply Corp
Gleaner
21
12%
£
*
50
Industries A
*
Petroleum coupon shs—•
shares—
*
7%
common
preferred.
Gilchrist
400
2%
25
J
Oct
18
7
common
convertible
Feb
Feb
13%
£1
-•
Regijstered^ii-—k---.——
Imperial Tobacco of Canada——
Imperial Tobacco Of Great Britain
27%
Gellman
$6
3%
52%
50
Co new
General
.51%
300
37% May
'2% Oct
25
52%
X
General
7% May
225
26%
«
•
——50
k*
•
18%
preferred
Amer dep rets ord
Feb
700
2%
convertible preferred
.1.23
General
.1
Feb
8%
43 %
43
Italian Superpower
Feb
8%
Stores
conv
Feb
15
Jun
5%
10%
8%
8%
Apr
3,500
17%
Gatineau Power Co common.
5%
47%
100
Key Co common—————
Kldde (Walter) & Go ,
.-r
Aug
50
6
Kennedy's Inc
; i
9% Feb
14% Oct
42
13
24%
Kawneer Co
5%
Dec
Sep
20% July
5%
16%
1%
Franklin Simon & Co Inc
Corp
79%
Dec
300
44
10
International Safety Razor B—»
*
International Utilities common.
5
Interstate Power $7 preferred———•
Investors Royalty
1
Iron Fireman Mfg voting trust ctfs—*
Jan
19
(Peter) Brewing-
Garrett
Apr
3%
12%
200
International Products—
Dec
12%
16%
dep rets bearer
(Geo A)
55%
8,100
25
Registered
Oct
7y8 May
Ford Motor of France—
Fuller
NOV
4%
•
International Hydfo-EIectrlc—
Preferred $3.50 series—
Oct
10,100
5
Fort Pitt Brewing Co
conv
42%
79%
common—•
Ireland-^—^—-£1,
Indianapolis PWr <fc Light 4% pfd—100
Insurance Co of North America——10
International Cigar Machine—.,. - —*
Feb
111 May
11
2%
jei
non-voting
Class B voting
4%%
Apr
73%
te
Jan
3%
Stores
A
Franklin
28
150
36
4'/a
Motor of Canada—
Fox
Feb
116% July
Nov
35
5
Imperial Oil (Canada) coupon—
Jan
7
12%
—
Amer
Feb
6%
108
100
warrants
stock
32%
Feb
10%
.
dep rets ord reg_
Class
4k
90
35
•
—*
76%-
Refrigerator Co
Aug
lOO
9%
23%
Imperial Chemical Industries—
Amer dep rets registered
Feb
8%
Ford Motor Co Ltd
Ford
Mar
56%
4%
preferred
Illinois Zinc Co
Sep
45%
—10
Amer
Feb
Feb
57
9'/a
5
5%
Mar
3%
~i
Corp
(M H) Co—
15%
x35 %
7%
£■: t«"
Oct
31%
~~
First York Corp common
$2 div cum preferred.
Fishman
Dec
19% May
300
1,800
~9%
—5
Illinois Power Co common
Feb'
26%
Jan
11%
,
Metallurgical!
Association
Mar
56 %
.10
Refining
&
International
Fairchild Camera & Inst Co
Fedders-Quigan
74
43
Sep'
27% Nov
Fairchild
Brewing
Jan
85
22%
International Metal
Fansteel
107
Dec
7%
1
.
5~% Bfd
Inc
Palstaff
Dec
72
Oct
155
2% May
17
Corp Ltd______™—1~"
Pipe Line common
Eureka
4%
Corp
convertible
Eureka
225
145% 152
Derrick & Equipment
\quity
$3
•
_
_
Empire District Electric
Empire Millwork Corp
Emsco
aZ
2d pfd
Option warrants
preferred.
97
80
21%
7%
F^b
50
74
74
22
—1
9 % May
GOO
9%
97
1
Dec
10%
5%
Jan
1°%
Sep
10%
Electromaster Inc
Elliott Co oommon
1V.L
Jan
16
\
54%
Electrographic
25
Dec
preferred
Hydro-Electric Securities.
Hygrade Pood Products—
Oct
Electric Bond & Share
: >
Dec
10%
9 Va
—1
1st
Oct
77%
Easy Washing Machine B
Electric Power & Light
9%
50
Huyler's common
Oct
82
May
May
200
& Mfg Co
Common
3,100
4%
"3%
beneficial
shares
Dec
150
80
41/e
35 %
Corp......
of
4 %
84
78%
—25
$7 preferred series A
$6 preferred series B
Eastern Sugar Associates-
t
.100
10%
10%
97
100
Hardart common
&
Horn
83
4%
-100
...
14% Mar
ZZ2
Inc.—
8s Hardart
Kurd Lock
preferred—
12%
Dec
9%
21%
(Geo A)
Hormel
Humble
6%
Dec
—
preferred——
Hubbell (Harvey) Inc—_—
East Gas dr Fuel Assn common
4%% prior preferred—.
8%
9%
10
—
5%
•
700
900
10%
Rubinstein
Horder's
Feb
6%
4% May
11% May
Feb
Feb
8%
10 '/a
8'/a
8%
10 %
Holly Stores Inc—
Holophane Co common—
10% May
18% Feb
Sep
12
-
i
Texas Sulphur
7%
m
17%
Feb
Dunlop Rubber Co Ltd—
Amer dep
15%
Feb
May
13
800
9% July
NOV
10%
5
preferred w w
4% preferred w w
Henry Holt & Co common
Heyden Chemical common
Hoe
(R) & Co class A
Hollinger Consolidated G
Dec
9%
Dec
May
.
15
25c
5%%
Jun
67
Corp—.—
Heller Co common—
Feb
25%
7%
8
•
Dept Stores common
Class A
Feb
10% May
Oct
6%
__1
Corp of
Feb
9
Dec
Feb
4%
6% May
8
5
2% May
500
America B non-vot com
—1
Hathaway Bakeries Inc—
Feb
4%
9
in
....
Dec
2% May
37
75
73%
72%
•
Z_.
11
70 %
2%
Feb
22%
♦
com
____
Co
2,800
•
Harris Co
Power
3
2%
25
•
_
I~~23
Co
Dominion Textile Co Ltd
Draper
—
B
Chem
2%
900
11%
11
11
1
~1
Credit
Dec
2%
Helena
19
Feb
May
54
?%
Hearn
Feb
Feb
Nov
28
2%
Hazeltine
17%
,'fi
56
3%
Hecla
dep rets ord reg
28%
56
„1
Hat
Distillers Co Ltd
Amer
35
—1
Feb
7%
.10
.25
350
10
Paper
Electric Light
Jan
16
Apr
8%
40%
Harvard Brewing Co
Deo
24
5% May
Hartford Rayon common
Feb
3%
2% May
..5
Bridge Co Ltd
Hartford
Dec
Feb
14
Sep
H
May
22%
Apr
9%
—.
2%
2%
57/a
6
1,100
——
13
——
50o
common
10%
— «.
2%
—.10
Raynolds class B
100
38
Apr
Aug
28
145
— -
1
Products—
6%
6%
20%
i
Gray Iron Foundry-.
Detroit Steel
60
«...
8
Manufacturing
1,200
35
10
10
5
common
Gasket
6%
so*
common
6%
6%
35
33
"
Mfg class A
6%
25
35
35
35
2.30
1
—
44
%
16
Jan
.-/Sep:;'
Sep
1
12
44%
Jan
Jan
2
Mar
29
Jan
;
Volume 166
At & FtNANdlAL'CHRONICLE ; '
Number '4659
;
,
Inewyork
I
curb
Erldajf
Last
' Sale Price
-
-v
STOCKS—
York
Curb
.
p.
..
Exchange
t
Week's
•/:
-
-
Par
Line Material
Lionel
5
Corp
Lipton
Lit
Co
Groceterias
—:
class
A.
21%
8%
25Va
8%
;8%
'
Chain
27
Lone
—10
20%
1
500
21
8J/e
Gas
Corp common—
Longines-Wittnauer Watch Co
Long Island Lighting Co—
6%
48
-19
—
Lynch
Corp
31
Dec
Ohio
Jan
Jan
29
Jun
27
Dec
Old
ley#
Nov
Oliver
Jan
21%
Nov
11%
Jan
16%
%
1,?25
55
Nov
90
Poindexter
United
B
common
...
46
Dec
82 y2
11%
Jan
%
yYtY
_5
—10
17%
113
Jan
20
July
Manischewitz
(The B)
Marconi
International
Communication
Marion
Power
33
7
Massey Harris
McAleer
Mfg
Co
Sep
7%
Dec
Dec
21 y2
Aug
13
200
12%
Dec
20%
Jan
Jun
25 y2
Jun
37
Dec
55
Jan
2%
1
9%
9%
1
common-
39%
39%
11
11%
1st pfd—
25
5%
5%
6 Va
„25
1 Va
l'/4
21'/4
2214
21%
—I
25c
Participating preferred:
4 V2
50"
i—2.50
800
7'/a
200
1%
Micromatic Hone Corp
9V4
200
7y#
1%
2
9
81/4
9%
25
9
1,500
25%
-
7s/8
6%
7%
8V8
3,100
5
Midland Oil Corp $1 conv
pfd
Midland Steel Products—
14%
14%
1434
10,800
*
;
$2 nori-cum dividend shares
Co
21
18 V2
3%
18%
200
18%
"2%
~2%
12%
Traffic
Perfect
V
shrs.I
7Va
7%
2,900
34%
34%
300
8
Minnesota
P
&
5%
Monogram Pictures
Monroe
Loan
Montana
■
r '10%
common
—
>.
Utilities
14ya
:
r
Feb
8%
300
2,500
32%
Dec
600
29%
Dec
103% 104 %
100
101%
Oct
105
Jan
Aug
Mar
1/128
12
,
Sep
July
31
1
Dec
16%
12
Nov
pfd
100
•
—
33
18
20
18%
3%
9%
pfd
Corp of America—
City Copper common
Mountain
Mountain
States
3%
5,300
V
11%
11%
11%
*
400
175%
174
260
35
35
50
Feb
Jan
15%
11% July
3
56
Tel
&
Tel—
Jan
nv* May
3%
Apr
»T«
Dec
2%
Jan
13V4
13
13%
2,300
8'/a
Aug
13%
Dec
6%
29
Nov
37
Mar
Power
97V2
Quebec
97 "
97%
27
26
27
"
97
5%
138%
Dec
11%
Quaker Oats
27
inc
National
10
common.
Bellas
Hess
National Breweries
7%
16
16
1
5%
.1
common—:
314
common—
preferred
i
5%
1
400
V
5%
314
■
-
37
16
200
3%
36%
37
.'100
26%
400
14% Jafl
il
2%
4,000
2% May
4
Feb 7
2
13
5
1
;
common—2.50
—
2
12
11%
National Malllnson Fabrics
12%
1
12 »/4
12
12%
National Mfg & Stores common
1
National Pressure Cooker common
2
National Radiator Co
4
;
National
Steel
Machinery—4—
Car
National Transit
Ltd
—
100
:
National Union Radio—
Nov
15 Vi
10%
Apr
15
200
13
17
381/8
-400
9%
10%
11
800
i
*2~50
com_.
1
^
100
1,000
4
4%
1,600
3%
3
10%
3%
4,200
2
10%
30c
3
Nelson
(Herman)
Corp
Nestle Le Mur Co class
New
5
common
A
Clock &
New
Jersey Zinc
New Park
N
N
Co
100
514
500
80
80
51/4
20
8%
_s
.4%
4%
12 »/a
12 Va
Y & Honduras
400
10
12
63%
7%
1
1%
1%
Rosarlo
600
28%
10
10%
30%
400
100
40
8
%
Y
8%
Founders shares
4
1%
1%
—
Niagara Share Corp class B com_,
Niles-Bement-Pond
„
—
Nineteen Hundred Corp B
Nipissing
Noma
North
4—1
Mines
Electric.
—
..
American
Rayon
Northeast
I
V-;,?
Texas
class A
'
-It's
-
Oil
——5
Airifaies—^I
,1
Northrop
Aircraft Inc
Novadel-Agenv Cnra ■
For footnotes see page 33.
—1
Y Y::
43.
»■
42 y2
r
43- '
2% ■.•-'—2% '
2%'ie%, 17%" :
2y*3,
3%
y/92 -.
v92
92.
16%
102%
,
:•
Manufacturing common
Roller Bit
5
Co
-
42.%"
•
May
98
Jan
149
Dec
170
18%
NOV
Co
(Robert)
1
&
2%
14,300
1%
?■
Feb
Feb
15%
Co
(V« Jan
Dec
300
Apr
1
19%
2
Dec
Feb
Feb
31%
Feb
Oct
38%
27% May
297/a May
51
Jan
,55%
Sep
8%
9,200
GVa May
13%
Jan
20%
20%
300
18% May
23%
5Va
.5%
1,000
2%
2%
200
~8
~8%
~5Va
1
5
22
22%
23 Va
675
23%
900
22
4'/a
1,500
22,900
3%
2% Dec
14% May
4
Jan
8 Va Mar
Dec
23%
1
Nov
24%
Sep
32%
Jan
6%
Feb
2%
May
37/a May
Feb
Rio Grande Valley Gas Co—
Feb
(Texas Corp) v t c
Sep
Jan
1
—
Rochester Gas & Elec 4%
Rolls
Feb
Root
2
1%
93%
39
—
2Va
93%
pfd F—100
•
51
1% May
10
93%
Dec
300
25
1,300
10
107 Va Mar
51
Mar
De~c
Dec
Royce Ltd—
Petroleum
£l
10 Va
5%
5%
5%
300
3%
Apr
14% July
7% Oct
1
24 Va
24%
24%
700
6%
Jan
24%
21%
1,200
15%
Apr
24%
15
Apr
18%
Feb
14
Feb
5
Co—
Rotary Electric Steel Co
10%
10%
5
Jan
19%
10
1
47 V2
Dec
Feb
>
Jan
Dec
16%
Jun
124
Apr
Bt Lawrence
122% July
iy« .Jan
% May
<
>>
s
Jan
11
1
HVa
4
common
%
100
11%
4
4
10% July
10%
5%
Feb
Sep
11%
Apr
6%
Nov
Nov
3% May
1,400
5%
6%
5
3%
1,100
9%
500
-.7
2
-
?
.
Bamson United
Bchiff Co
--;
n-.llO
/7o3,30a.w:: -80%7May7^
•
2%
900
3%
1,200
4%
400
—1
Manufacturing
Steel-
common
III1
32
—•
Securities Corp General—
Beeman Bros Inc..
Co
_—1
—
6V2
:
Feb v
37%
Sep
2%
Jun
6%
Jan
31 Va
31%
1,300
29%
Apr
37%
Jan
13%
May
15%
Dec
2%
8
1,000
3
17
—
2%
2%
22%
50
2%
2%
9,900
17%
18%
2,250
prior :stock-—.—. —25
79 V2
79%
80
19
■
:
'
•
4%.
4%
4%
2
2Va
2%
1
1
-
Va
4,000
1,500
v
200
Feb
4%
Jan
24
Feb
2
Apr
3%
May
21%
78
•'
'
.
13
.
400
'&£
May
Jan
21%
May
2% May
6,900
22%
2%
4%
2% Aug
1,000
2%
1
Dec I
6 Va
May
3%
17%
mil
4
3% May
12%
-
*
—_
Feb
7,400
-5
Sentinel Radio Corp common
Sentry Safety Control
't Serrfck Corp class B:————
Oct
5%
1 Va May
26
Oct
Nov
3%
3%
3%
II—1
common¬
44%
13
Jan
2% May
200
32
—•
Convertible stock
$5.50
4%
4%
32
-25
's
Y
3%
.25c
*
Allotment certificates—
Bemler (R B) Inc——-
Jan
2%
III1
Selected Industries Inc
;467/« Feb
2%
common
Segal Lock it Hardware.
'
Jun
14,600
1
Bcullln
f
7
Jan
.101%
27 V# May
12%
16%
7% May
3,100
,—1
—
Belby Shoe Co__
7% Jan-
9,200
38
11%
Bcovill
7 •
Dec
13%
35%
11%
Schulte (D A) Inc common—
"
44%; Dec
17%
12%
37
Corp commoxf—.
Savoy Oil Inc (Del)..
•IBayre •& Fisher Brick Co—
Jan
5%
-
13 V2
-50
Corp Ltd
Class A $2 conv pref
Bait Dome Oil Co
Feb
15% Feb
7714% Aug
.'v30%tApr^'
-'io^ Mar
1.25
common..
—
—
——
Dec
10% Jan
Dec
•
Ave
*
-
'21% Jan
May
'% ■ 7 y4'. ;■ 'M 7 y;' - • .7%v/<j..<3-f500y Fr..'#% iAogA*'S:y7;'V:2% Mar
20%
20 ,;'«;7.2i- ^/r':/,vL20d;.:'7 '7-a»%vN0Y-V; ^. --21% Feb
.
85
80
17%
17
*
-15%
101. ■' 103
41V-417 >
430
150%
14%
•
5
8% Jan
,
Apr
Dec
^3j200•
91
87
149
•
' "1VT
1,300'"
Feb
300
Roosevelt Field Inc
yiOOr^i
Feb
11%
36
Jan
8% May
'
14%
Dec
35 %
Jan
Jan
500'
Apr
7%
•
10%
-'-::v.u'.'V/-10%
V /-
'
Nov
9%
600
35 %
•
common
Richmond Radiator—
16%
18 %
5;300 'yKTi^ May /
7 10% Jan t
r-.7^"^^;^200^iy^^«fr:Maylv-y • y 11% Feb >
.M91% 192 Ve
:V 1;100
May o - ,, 192% Dec '
'43 //•••,-<..742%. 43%'•••:-. 45 V# NOV "•
»
.T
45'/a
375
8
•
120%
3,000
••
87
100
Co
Amer dep rets for ord rdg—
Rome Cable Corp common
-4^00:./ '^2%.May
-
Jan
Rice Stix Dry Goods
18% July
7% May
21,700
- '
•
-
1
>
8%
11 Va
25%
Reliance Electric & Engineering
..-'7v 7
.
North Penn RR Co^—«;
—50:
Northern Indiana Pub Serv 5% pfd_100
/.Northern States Power class A__
_25
'
200
13%
Ryan Aeronautical Co
Ryan Consolidated Petroleum
10
600
«■
43%
7%
—
100
Reis
192y»
North American Utility Securities—«
Northern Central
8%
—
%
•
10%
1A
1
—
Pbwer cominop__i
'
—
:
preferred!—
Class: B. common
-VI;-;....
8%
10%
.
5
North AmeXvLlght^r
<
5
—*
%
Oct
13 Va
Ryerson & Haynes
110
'
Jan
10%
43
Feb
470
'
Feb /
17%
Apr
77/a
Dec
.117% 120
■
2%
Nov
Nov
13 Va
dull
117%
Class B optional warrants-——
11%
8%
--
43%
10%
97
19,800
'
Sep
Oct
13
Aug
13
700
8%
—
j
Dec
Nov
Jan
83
625
16%
1
8,700
—
—
8%
13 %
103 %
^2%
9&Va 100
8%
1%
x8%
110%
Russeks Fifth
16%
15%
800
Dec
May
1,100
Dec
Dec
98 Va
■
Feb
Dec
Jan
._1
8 % .\-i - '
Oct
48
May
95%
7%
Niagara Hudson Power-common—i_:—1
5% 1st preferred
100
5%
2d preferred——
——100
.
8%
12 Va
12
35
50
93
67%
28%
_10
*,
Shipbuilding Corp—
40
100
Jan
5
7% May
—
N
Feb
96 Va
200
Oct
70
.
Feb
13%
Nov
97
Royalite Oil Co Ltd
57
200
76%
10 Va
10%
19%
8% May
93
—
200
Regal Shoe
-
72
*
10 % May
•
300
—
95%
1% May
5,700
1,800
12%
—
Jan
Feb
6% Jan /
95%
3% May
1,700
6%
7
13
11%
—
7%
17
Dec
3% May
1,900
1%
Jan
6 V#
May
'
4%
;
11% Feb
8
May
4Va May
14
93
•
common
Jun
4
62%
common
Y Auction Co common.—
N Y Merchandise—
1,200
700
200
«•
7
Nov
B
Dec
80
8%
4%
30%
Reed
Dec
4%
780
6
11%
62%
1
,
82
May
63
1%
Raytheon
Feb
8%
13
46 %
Apr
30%
Jun
July
24
Oct
Oct
May
~
5
5%
_25
Land
Mining Co
New Process
300
1414
I
:
Mexico & Arizona
9y8
14 y4
—100
Watch Co_
4%% convertible preferred
New
8%
141/4
♦
England Tel & Tel——
New Haven
8%
5
:
—
Dec
49%
A
10
Roeser & Pendleton Inc.
( Neptune Meter
40
1,620
_•
common-
$3 convertible preferred
a-.--."14
Mar
'*14% July
;
10 % May
17%
~i%
.
Feb
93
•
1B%
Oct
9
Jan
14%
M+
—
•
29%
May
21%'May
*
—i-^l
7
600
••
6%
May
4%
_
—
*
common
Dec
10
58%
57%
—-
—
2
1,400
.
57%
July
2,200
30%
Jan
45
yy.43
15%
•
:
common
Dec
Jun
37%
.
Rubber
%
Feb
Feb i
2%
Raymond Concrete Pile
Aug
4% Feb
11-
3,100
13%
21%
Nov
R
8
,v
2% May
43
•
900
13%
12%
$
9% May
9Va
.300
Radio-Keith-Orpheum option warrantsRailway & Light Securities—
Voting common
10
Railway & Utility Investment A
__1
Rath Packing Co common
10
16% Nov
34%
_25
.
National Fuel Gas
National
-
/
2%
11
14% July
11% May
5% Apr
4V9G0
Apr 7
12 Va Mar
25%
2%
12% July
N
Nachman Corp
Oct,
14
Dec
Dec
18% May
12% July
10% May
200
60%
Dec
Feb
500,:
T3%"
Apr
5%
Jan
400
131/4
11%
.
100
40
400
1,800
9%
50
preferred
28%
"
Jan.?
9Va
Dec
•
Jan
69
52% Dec
July
41% Sep
6,500
100
7% NOV;
Apr
4 V
;
V
114% July
Dec
4%
Feb
4%
2 Va May
103
10%
1
Manufacturing
3,200
•
57
"6%
7% Feb
11
Feb
9%
25c
new
Pyle-National Co
Pyrene
ir,
27
1,900
28 V2
Jan
Dec
of Colorado—
414
Murray Ohio Mfg Co
»
Muskegon Piston Ring common-^—2.50
Muskogee Co common.
10
Namm's
Service
17(!
450
650
4%
•
"3%
'
53%
~5%
6
*
i'B
*28%
200
4
-2
Gas
3%
•
500
\
Jan
Dec
5%
350
5%
52'/a
53
1
5c
common
3
103%
Bl%;janU
5
620
5%
Jun
194
Dec
173
Feb
5%
2% July
Dec
Dec
.
40%
6,300
7
103
*
4%% cumulative preferred
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber—
Mar
3%
1
May
-
-
Mar
11 /
"v>
6% May
~3
Feb
20
100
Jan
10%
of America
10
Power
States
2,300
3 Va
9S%
.13% May
50
~6Va
6%
103 %
1
common!
Inc
10c
Producers
Mountain
7%
3»/4
1,100
A6% Feb
De6
9%
Producers Corp of Nevada
Prosperity Co class B
^
3d
Dec(7
Jan
shares
Co
Pressed Metals
i
Feb
106
/
Dec
3% Jan;
13
10%
Providence
Feb
Jan
27% Mar
25%
•
Amer
Alexander
Prentice-Hall
-
Feb
10
Oct
.
j
•
Pratt & Lambert Co
Jan
88
i5
'
Dec
iiU
105
25
250
;
24%
~6
6
20
Power Corp of Canada
6% 1st preferred
Jun
Jan
Dec
20
Feb
4%
Nov
25%
2.50
10
&
Dec
Feb
11
_50c
commdn
50
Powdrell
41% Mar
38 % Mar
24% Sep
1/128 Dec
8% Apr
40,200
1
Rubber
Polaris Mining
13
25
12%
-2.50
Scale
? 12% Feb
95
53,500
*
common
Light 4%%
Corp
&
25
1/64
6%
Co
Circle
95
7% Jun
25
1
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
Feb
7%
>
24 7. May
174
Feb
25
Piper Aircraft Corp common
Pitney-Bowes Inc
!
.Dec
26
Dec
101 Vb
»
Plan
Mountain
7
5
Dec
16
33%
42% ,42%
common—...
Pinchin Johnson Ltd
Aug
'12 %
Dec
1
;
16
Sep
59%
Pioneer Gold Mines Ltd
.
Feb
;
Dec
6%
1,200
•
Montgomery Ward A
Moody Investors partic
Morris
7%
614
100
common
Society A
Dakota
6 V
1
pfd_
Corp
Jun
9Va
•
Philadelphia Co common
Phillips Packing Co
Public
ey2
1
L
Missouri Public Service
Molybdenum
9%
800
30%
—
*
Oct
'
1,700
1
Corp
Pierce Governor common—
••:/kOct
1% May
"6% May
31% May
3,600
7%
34 y2
Mining Corp of Canada.
16
11%
95
Cement warrants
Pharis Tire
13 V2 May
50
preferred-
'
Dec
3y4
1,000
50c
2%
1
common-
;
20
1,150
*
common
;
Jan
3%.Afpr
50
22
3%
—
10
convertible
11
20
18
29%
rl/128
Pep Boys (The)
Pepperell Mfg Co
Dec
8V4 July
nii '/B May
-Feb
25
_50c
Midwest Piping & Supply
Mid-West Refineries
Wohl
11
F
*
Mid-West Abrasive
Midwest Oil Co
22 y2
12% May
7% Jan;;
*
common
Sep
Motors
Penn Water & Power Co
y.
May
16
2,100
_1
j.
Feb
Jan
"32%
32%
>•
1% May
500
Corp—
Ex-distribution
f-
■
3
'QVtJ&n'
May /.
43% Sep w? y''-.:B0
Jan
1,100
w
9
8'/8
tc__1
v
8%
12%
Jlin
•
12%
•
Pneumatic
1
Middle States Petroleum class A
Class B v t c
100 •;
-
1
Penn
'Jan
S%May
'
»
Jan
J7%
Sep
Oct
4% May
11
common
Airways warrants.
Penn Power &
'
5% May
_iq
29%
Jan
Nov
Mar
116'
Dec
■
12
Penn Gas & Elec class A
Feb
:77877:
5
Penn-Dixie
;
-
-4,200
3%
Tubes
Pennroad Corp
8% Aug
Oct
' 3%
.
'10«%-6ep;--V
434
"9
2%
Y 39
•
.Peninsular telephone common
$1 cumulative preferred.—.
15 - July
/i4 % Jan
.
Apr
7
9 "
Feb
45
,
.
15 % May
'414
7
9%
"loo
Light 5% pfd
Parkersburg Rig & Reel—
Patchogue Plymouth Mills-.^.-.
28
-
-Apr
3%
1
—
Co
...
15
Michigan Bumper Corp.
Michigan Steel Tube
Michigan Sugar Co
Middle West
*
4'A
1;
400
•
Dec
May
*% May
.
2,600
7
110-. 110
.
''
:
8% May ;
5,200
110
1,000
1,100
7' '•
16 V2
14%
9%
103%
Parker Pen Co
6% Aug
:
Jan
"a*
1,600
\%
6'/4
Preferred
Paramount
Oct
20 V*
Dec
37%
400
i
•
:..
16%
..25
Pantepec Oil of Venezuela Amer
10%
Dec
7
1,000
24%
4y2
13 y#
75
11%
5
Textile Corp:
'"''•
150
25
_100
t
33%
6%
15 Va
—8
common
1st preferred
Page-Hersey
P&n American
Mar
5
Dec
'
May
<11% May
1,900
•
preferred-
7
100
7
1
Metal
4%%
5%
27%
.»
Dredging
Messabi Iron Co—
Miller
1,700
26
Warrants
Midvale
14%
7
26V2
Memphis Natural Gas common——:
Menasco Mfg CO_
Merritt Chapman & Scott——
A
1,000
5%
—10
Mead Johnson & Co
6%%
9%
13%
*
5%
convertible preferred
McCord Corp common—
$2.50
preferred———
McWilliams
5%
15%
_£l
common
Co
200
500
23%
10
33
20
Jan
'
1
-
1st preferred
$1.30
6%
16%
—.
Ltd
107
<
«...
Pacific Gas & Elec 6%
Marine
Shovel
107
1% May
.'31
107
*
Pacific PuhUc Service
Cn*-;,;,..,....' I,*
Mapes Consolidated Mfg Co
50
15
Securities
Pacific Power &
13
3,300
-1
B
I—1
Pacific Can Co
6%
13
l
High
Dec
20
,
109% May
15% Jan
400
"15%
15 Va
—1
common
1%
35%
100
—
Distillery
Filters
1%
35%
Jan
1V«
Sep
M
Mangel Stores
•1%
*
Pacific Lighting $5 preferred
Maine Public Service Co
Low
Jan
9,500
>;,!
O'okiep Copper Co Ltd Amer shares
5% %
Mackintosh-Hemphlll Co
Range Since January
,
Jan
2,975
20
18%
17.700
59 '
50%
17 Va
class
Omar Inc
y
5Va May
1,500
Shares
High
35 %
-800
■
Co
Ohio Power 4Va% preferred
Oklahoma Natural Gas—
Overseas
v
17%
Brass
Sep
x21
2,700
£'%
48
ii
2
.
8
y2
— %
55.% - / .,55%
—
1%
preferred A otfs of dep.:-———
preferred B ctfs of dep..:.
Louisiana Land & Exploration
1
Louisiana Power to. Light $6 pfd———*
.
'
Low
'
Ogden Corp common
-YY
vw./
•
Common ctfs of dep
Feb
7Va May
100
16%
20%
16 %
27
16%
—
--it'
Sales
(or Week
ef Prices
'
Feb
Jan
11 Va
23%
"
___5
Logansport Distilling Co
Star
26%
32%
25 V8
.
*
Steel
Dec
Dec
8Va May
*
Week's
Bangs
Last
Sale Pries
Exchange
Oct
20
25
500
Cork
Pgr
19%
'
1,400
•'•50
York
High
13% May
200
23
25Va
25%'
*
i
New
Range 8inoe J an nary 1
Low
19 Va
Friday
STOCKS—
Share#
High
18 Vis
v,
—
preferred—25
Inc 6%
common;
Class B
Locke
-V?
10
(Thos J)
Brothers
Loblaw
Low
•
Sales
for Week
Range ;:;
ef Prices
.
31
exchange
MRANGE FOft WEEK ENDING DECEMBER 20
?
v...
(2687)
May
90% July
Feb
Feb
Jun
92
Dec
13%
Jan
2 Va May
4%
Feb
2
Feb
80 %
4%
1
Apf
July
'
.1
8% Jan
13% Aug
>
COMMERCIAL
THE
(2688)
FOR
RANGE
Week's
Last
;
Sale Price
Exchange
Curb
for Week
Leather
hattuck Denn Mining
Shkwinlgan Water & Power
Sheller Mfg C0---.-----w.:-—1
common
Sick's
Breweries Ltd
Silex Co
Sioux City Gas & Elec
67% Oct
11%'
10%
Waco
Wagner
.73
■
Aircraft
7 '/«■
Sep
115% July
36'%
■'
6%
Feb
Ward
250%
Virginia
Apr
Western
102'A
Dec
£1
Apr
Westmoreland
Coal
90
10
--
1.
9%
1
3%
—-I
3%
Boss
Manufacturing common
South Coast Corp common
Tabiet
&
•4%
36
Southwest Pa Pipe Line—
—J.
10
.
preferred-
5%
3%
1%
V'1.700
com.
Oct
Whitman
81/2
Feb
Wichita
River
*% Sep
10%
Nov
W.ckes
(The)
Williams
tR
Ci
8%
8%
19%
19%
1.
Jan
Willson
27
May
38%
Nov
Wilson
100
27
Jun
3o%
Feb
3'A May
300/
'
30%
■
Products
Elec
Wisconsin
Southern California Edison—
P
300
1
/./'
--
'I'l
4.32%
36
26%
27%
25
23%
34%
Dec
46
Aug
Woodail
2,300
25%
Dec
33% July
Woodley
23 Vb
Dec
29'%
Wool worth
3'/a
Aug
16'%
Jan
36
27'A
'
preferred-
cum
50
— —
25
24
23'%
600
Jun
19%
Oct //
May
100
Nov
,32
Mar
40
May
26
Jun
37%
75
lb
Jan
27
Sep
14
Apr
18%
Dec
30
30
100
31%
Nov
~8'/a
~7
~8%
4,500
6%
Dec
12
12%
200
11 %
Sep
L-
11%
12%
300
10% NOV
5%
5%
1,400
4%
Dec
900
13%
Dec
11 ?8
25
*
,
pfd
.--..ft.
19
5%
13%
13%
15
18%
16%
18%
2
1
1,100
May
21
Oct
Dec
Jan
/i
19%
Jan
/
8%
Jan
21%
Feb
Dec
May
18%
103
10
103
Dec
108%
14
300
11
May
i6%
17
21%
5,800
,
20 Vs
14
18%
,
8%
•
103
14
'
FebFeb
9%
Jun
21%
Dec
14%
Jan
2 i3b
Dec
"3%
/
Dec
9%
Ltd—
(F W)
,
Jun
13
.100
Inc
Petroleum
:/
Dec
.1
4%%
Industries
.
Dec
125
_1
w
w
/
/'
•
113 % Mar
Jan
105
~~
e%
Feo
8%
37%
'
...24
5% original preierred
4.48% conv preference
V
1,900
•
Feb
Feb
23
5
Inc
L
Feb
Feb
.10
common
&
8%
2%
12%
37%
.1
common.
preferred
Winnipeg
Dec
IVa May
6'A May
.
Feb
:
23
Co
&
Biothers
5%
3%
1,250
1,300,
111
'
36
Dec
8%
19%
*
...1'
Co
&
Oil
Corp
Corp—I—
"
May
5%
Apr
5%
27 '
f
12'%
Weyenberg Shoe Mi'g
Jan
1,000
35
30%
,
25%
5
Dec
10
151/4
Sep
2% Mar
400
Dec
20
Coall
(Wm)
3%
.1%
'
113%
Dec
1%
11%
2,100
1%
"mi
.
Jan
13% Feb/;.v
109%
-6
3%
•
3%
Dec
50
12%
■
1st pfd—100
Inc
Apr
3%
1,700
1% Jun
x8
*
_5
:
...
Stationery
7'A May
3,300
4
3%
9% „9%
4% "r, 4%"
"
12.50
common
9%, 10%
>3%
3%
-"V / 24
-
1
—1
12%
5%
'
■
*
Paper Mills-
90
$6
& Coke
Maryland Ry 7 7c
Westmoreland
90
90
,-100
High
500
"1% 1.2
12%
Utilities
Texas
Sep
"l%
1
Manufacturing..1.25
West
West
Co—
Solar Manufacturing Co—,—
Sonotone Corp
....
Baking Co warrants...
Aircraft Corp..
Oct
9%
312
100
1,100
1
Co
Wentworth
Jan
v
'2%
.9 Vb
30
„
.
Watch
5%
Nov
9%
.100
$2 "turn, pfd—
Waltham
39% Jail
Apr
230
1%.
.
250 % 254%
Low
2%
ctfs ext.*
trust
&, Bond ' inc....,—...—..._1
"
Oct
17 /;
Sep '
1,700
3Va
7% :
7%
251
Bange Since January I
High
8%
a——
voting
preferred
Waitt
Feb
13
May
Co
Baking
27
.
Apr
10
775
Jan
Dec
Western
Solar Aircraft Co—'
South Penn Oil
10
Low
/Shares
.
24
106 '/2 May
•
;—1
190
preferred
i
1/200
Sales
for Week
Bange
of Prices
W
Warner
Amer dep rets ord regis
(Howard
70
11%
Week's
Sale Price
Par
171/2
"
/22% Oct
•
$3 convertible preferred—
Simplicity Pattern common.:
Binger Manufacturing Co
Singer Manufacturing Co Ltd—
Smith
9% May
Publications—
Simmons-Boardman
3.90%
300
1,500
68
6d
Exchange
Feb
17%
-*
common—.—
4%
17V2
■
Curb
Dec
17 %
2,7 JO
•
—
16 %
16
.
25
__—
preferred....,!.:.,.—.—....100
4% ;
Sherwin-Wiiliams of Canada.
Jun
2Va May
16% Nov
2%
Yor*
High
Low
High
21/2
2%
New
Range Since January 1
11%
—5
Friday
/Last
STOCKS—
Shares
—*
common
Sherwin-Williams
Low
Par
-
Seton
ENDING DECEMBER 26
Sales
-/.v. Range
//of'Price*/
Friday
STOCKS—
York
WEEK
Monday, December 29, 1947
EXCHANGE
CURB
YORK
NEW
New
& FINANCIAL CHRONICLE
Feb
'
Spencer Shoe
Standard
•
Brewing
♦
.
Dredging Corp common ..._1
$1.60 convertible preferred
—20
Standard Forgings Corp
.1
Standard Oil (Ky)
10
Standard Power & Light.//.
..._1
8
1
24 7%
1
Oil
/ 1%
200
150
8'%
900
Dec
4%
200
2%
3'%
5
62
1
1,400
62
23%
3%
4
50
24%
12%
Feb
Dec
5%
Nov
Dec
4%
Feb
.
Va May
60 %
150
Feb
Feb
130
May
7%
1,300
5
,
100
Feb
4
9V2
Dec
Feb
27'%
17% May
14% Jun
Feb
Feb
id
l.UuO
29%
Feb
8
500
6%
Jan
8%
Oct
2
1%
2
5.mo
1%
Dec
5%
Feb
7
May
11% May
13%
Feb
17%
Jan
7%
7%
X7%
1,200
13%
80O
1'%
1'%
1%
1
—
•
common
—
21%
3'%
3'%
10
—
—
450
3'%
•
500
—
2%
Jan
18-:
Sep
32
Feb
26
1,900
16%
16%
Nov
13 % May
20
May
50
7%
16 %
1
%
600
31
7
__
•
_
22
31
—23C
1,100
—
21'A
•
Corp.
1 78
13'A
:
35%
Aug
10
July
May
6%
Dec
IZ74 May
3'%
12%
—
Apr
20%
Jan
16%
-
Jan
4%
Jun
Amer
Writing
Appalachian
Texas
Inc
Power
30
•
common
&
Light 7%
pfd
Texon Oil & Land Co.—
7'new
Thor
Co
Corporation
common
Roofing Inc
Tishman Realty &
Tivoli Brewing Co
Tobacco
&
Allied
10%
30
100
30%
12%
8%
500
13
20
14
14
Nov
Paper
Tel
Tel
&
deb
400
Bell
series
5s
C—
Bechleiiem
A5s
A5%s
Cities
106
89%
89
90 %
27
64
96
1954
M-S
90%
90
90%
21
64
Jan 1966
M-S
104%
104% 104%
6
redeemed)
Service
5s
5s
1958
A-O
103%
103% 104
Debenture
5s
f969
J1/-Q
105%
105% 105%
Debentures
3s
1977
J-J
1969
1976
Consol
Gas
Lt
El
1st
ref
mtge
1st
ref
mtge
1st
ref
2%s
2%s
Consolidated
series
&
Gas
of
$3.75
Union
pfd
United
50 %
50 %
300
1%
.100
Water Lt & RR
Ercole
Marelli
6%s
49
Dec
Oct
7% July
Apr
Jun
63'A
Jan
91
S5%
Dec
12%
Jan
1
Oct
2%
Jan
205
89
1
79
Dec
102%
Oct
1
Dec
1%
Jan
3% May
1% May
5%
Dec
3%
series
Finland
Jun
32%
Feb
4% May
10%
8%
12%
Dec
5,700
3,600
9%
1,700
12%
12%
27
400
Oct
2%
...5
Residential
2%
100
6%
6%
1,600
7%
--
*
A-
Omaha
90%
7%
900
90%
.50c
3%
92
62
TOO
1%
Dec
3%
5%
Dec
11%
Feb
Feb
7 '% May
62
3
425
r
3%
9% Jan
7
Apr
104%
Jun
10
Dec
•56
6,500
'Jun
2% May
2G
"ft
I10
Gas
18
34
.7
%
34%
33%
5,600
29
May
14% Apr
18%
18%
900
19%
19'%
20%
16,900
18%
*
2.9%
29%
29%
25
'
Apr
7% Jan
43
% May
200
...7
■'
62
.
Mar
Dee
U
,
Jan
18%
Dec
Dec
27%
Feb
16%
Apr
29%
Dec
Apr
28
Feb
*
'
United
10%
United
NJ
RR
Profit
Shoe
Specialties
S
S
Graphite
U
S
and
Foil
$5
S
1st
Co
common—,
1
preferred
with
common..
Stores
warrants—
Universal
Universal
Products
Utah
Power
-
13%
&
Oil—
common
Light:
Feb
3%
Feb
56%
39
series
6s
B
9%
13%
„
1,370
9%
4,500
15
J-D
Power
s
A6%s
A7s
(Deo
A 7s
(Aug 1941
A7s
1952
(July 1941
Interstate Power 5s—
McCord
1
Vojzt
For
footnotes
see
page
33.
V'
60%
27
29
M-N
1956
F-A
*102
102
104
A-O
58
to..
65
104%
107%
2004
J-D
Ohio Power
1968
A -O
1971
A-O
1964
J-J
1st
Park
mtge
1st mtge 3 %s
3s_t.
Lexington 1st. mtge 3s
Pennsylvania Water & Power 3%s_1964
3'As
107%
7
101%
104
106%
39
105'A
109
101% 101%
5
101'%
107
101'A 101%
106
3.01%
77
91
91
104
Apr
1970
Service
of
New
104
104
108
103%
103
109
2
92
'
M-N
..1952
A-O
104
104
104
*102
108
*113
116%
1951
A-O
*10C'%
1965
M-S
1970
A-O
1971
J-J
inc mtge
California
Southern
Counties
California
3s
Edison
Gas
Gas
Dec
A7-4s
1st
mtge
3s
3'As..
(Calif)
32
170
5s
Gas
collateral
Stlnnes
3%
1,600
3
May
May
23% Nov
Terni
Electric Co
.1946
4s
97%
105'%
£9%
107%
102
*101'% 102%
99
-
99%
~2
99
89%
*114% 116%
$67
'88
69%
108
'104%
117
15'
12
23%
47%
24%
-A
24'%
47%
33%
20
103% 103%
3
23%
A-O
24%
32
33%
F-A
J-D
—..1956
J-D
25
32'
33%
103%
106%
32
77%
•
33
77'/
33
82,
'33
'
Hotel—
93%
Dec
West
Penn
Electric
1%
126% Mar
5%
Oct
7% May
West
Penn
Traction
3 %
•3%
3
Vs
1,201
2%
Feb
4
Western
11 %
Sep
Power
Newspaper
t
2
J-J
1949
debs^
•3,600
s
101%
102
107%
17
.
Co—
A_.
9%
conv
A-O
6%s.-,——1953
of N J
Electric Service
6%
6s
57
99%
A-O
1946
(Hugoi Industries—
stamped
Water
100%
102'% 103
M-N
1966
stamped
income
1U8 %
121'%
97%
__
Corp—
2nd
series
106'
116
162% 103%
102%
F-A
1950
trust
9%
Wash
1970
'1989
Hydro-Electric
United
3'As
5s__
(Hugo)
3rd
Elec
&
'
108%
'
—
3s———j.
Southwestern
A7-4s
Feb
146
M-3
Southern
14
145
M-N
Southern
July
29% '
32
1952
Joaquin Lt & Pwr 6s B
Feb
Feb
29%
Jersey—
5%s series A
Jan
12%
*100
Queens Borough Gas & Electric—
14%
Jan
A-O
Safe Harbor Water Power Corp 3s_198i
49% July
4%
J-J
certificates..
perpetual
23%
,23
J-D
1960
—
Piedmont Hydro-Electric Co-—
G%s series A
Stinnes
100
53
102%
Jan
13
3
105%
46%
May
58
5
Feb
.
103%
7
32 % Mar
13
...
102% 103
May
SCO
42%
*._
23
.
21
1963
4%
at
Oct
21
26
111
3%
v
*32%
26
M-S
18%
600
94
M-N
50
22
v
102%
105
6%
•
98%
18
107%
20c
Syndicate Inc
Manufacturing
46
65
104%
1
Venezuela
99%
60'%
1967
25
5
a.
98%
62%
1961
19
3%
I
98%
England Power 3'As
N.Y & Westchester Ltg 4s
27%
21%
preferred.
J-J
*106% 107%
New
19
21%
42
Valley RR—
Extended
27%
common..—*
24'A
J-J
3%
Apr
Dec
6
1969
Spalding (A Gl
26%
24%
J-J
1952
AStarrett Corp inc 5s
Jun
3%
common
24%
41
Light 3%s
&
Feb
2%
42
*105
Apr
400
24%
J-D
18%
900
1
1966
89%
2%
42
26
3%s
Power
Dec
43%
2%
43
125'
25
26
J-J
30
1957
Corp deb 4%3.;
Midland
42
25
*25
J-J
Power
43
23%
25
1952
fi*
Hydro-Electric 7s
Kansas
24
25
1952
coupon)
25%
*24%
F-A
1957
coupon)
May
300
_.5
Petroleum
1957
F
series
25%
1955
E—_,._-
series
A7s
1941 coup)
1
__
Sec—•
A6%s series C
A5$
convertible
*102 A
104 Va
1955
International
7s
$4
J-J
68
107%
103%
__
104
Waldorf-Astoria
Valspar Corp
A-O
108%
IOV4 May
2% Oct
2,000
2%
56%
103%
105%
x78%
16%
62
102 7/8
Feb
81%
2%
106%
103%
103'/4 103%
$102%
102%
Nov
3,100
103
103
*60%
84
65
,
103
3%
16
2%
105%
55
103'% 103%
20%
81
2%
55
100
103% 103'%
May
16
10
——;-1950
5s—
2
81%
46
Jan
55
M-N
Scullin Steel
Dec
55
*68
F-A
71%
May
124
1970
Dec
8% May
120
__
.1963
United
Venezuelan
—Jan
—......
ref
&
San
11
125
,,
lien
1st
13% Mar
38%
600
137s
36 %
106
Indianapolis Power & Lt 3%s
54%
4,000
63%
25
*100% 102
A-O
Jan
*
10
r___
293%
~2%
10
Co
Oct
*
50c
Insurance
Sugar
55%
38%
5
..1
..
common
Consolidated
Utah-Idaho
55%
Reclaiming Co—,,_1
Universal
...
Securities
*..
*32%
.
J-J
1949
1949
10
1
1
common
7% Apr
1% May
25
class B.
Radiator
United
25
common
International
Rubber
248/
10
Machinery
U
U S
100
__26c
—
U
V'U
Canal
Sharing—
53%
3
98%
M-S
1958
6%
7% Mar
.
preferred
Preferred
United
&
1961
Hygrade Food 6s ser A
Public
United Molasses Co Ltd—
dep rets ord regis..
24
45% Mar
24
common.
Preferred
30
Bank—
,
Milwaukee Gas & Light 4%s
90
•
"I
Milk
Mtge
Rayon Co 6s ser A
Altalian Superpower 68.--——1963
2%
__
56%
30
M-S
M-N
55
Co—
Kansas Electric
57/a May
United
United
5s
Mfg
Guantanamo & Western 6s„
Dec
5%
2%
~9%
,10c
warrants.
Elastic
Corp
Amer
Elec
A—
standard
5s
Jan
4%
2%
—
July
94
1,100
"
5 Vb
!
105
May
125
1
1
115
J-J
1956
56%
May
1965
195.3
Elmira
200
1%
94
__
"
*
Products
M-N
1993
ser B
Fuel
3%s
4s
Indiana Service 5s
Corp common
Light & Railways—
..
119'/
/8
1993
Jan
2%
United
;_t
115
19
Corp
United
115
RR—
mtge 4s ser A
Feb
7
United Aircraft Products com...
United
Chemicals common.!
United
A-O
—
22%
•
Yards of
114'/»
12
Calif—
series
Stock
105%
107
Division—
J
N
97
36
12% May
Apr
106%
41
J-D
5%
99%
98%
109% 110%
J-J
J.-D
1 Vb
Canada
of
98%
97
109
A-O
1948
,
Co
*97
93%
103%
M-N
Grand Trunk Western Ry. 4s_„
1950
Green Mountain Power 3%s.——1963
89
Investment Co
Oil
17
78
1954
City)
Western
Feb
Isarco
Union
103'A 103%
J-J
25'%
200
105%
106%
J-D
Dec
1,700
103
104%
721
1981
(Bait
of
&
23
21
81%
Dec
U
Union
R_,
-4%s—
mtge
78
106
1962
Lack
Gas
79
97
103 %
—
Nov
preferred
Union
(Bait)
3s ser P
2%s ser Q
Gas
mtge
Delaware
Pwr
debs
conv
Gen
&
19
6%
115%
165
800
14%
110%
J-J
25'%
6 Vb
5
*167% 180
Corp—
21
13%
108%
iio7/8 110%
1948
Electric
21
—
105'%
102%
98
AGeneral
—
96%
5
165
Feb
-
15
48
(10%
Debenture
;
103%
97%
99%
Dec
—
Corp
100
101
98
20%
'
Corp.—
57
96%
102% 102%
98
43%
"
Chemicals
100
J-D
Jan
Inc.
Unexcelled
100
/
1970
33
warrants
Realization
111%
2%s
8% Apr
11'A May
....
Ulen
101%
Q-F
250
Stocks
convertible
High
102%
18
J-U
1,400
—
Works—
Low
100%
101% 102%
1998
redeemed)
Debenture
No.
I960
States
(10%
Range Since
January 1
Sold
Gs
Steel
Edison
Boston-
j-j
High
Bonds
*100
M-N
1964
15%
14
Range
Friday's ' >
Bid & Asked
101%
J-J
1955
43%
;
Toledo Edison 4%%
pfd—
Tonopah Mining of Nevada—
Trans Lux Corp
;
80c
A
15%
dep rets ord regis
dep rets def reg
Shipyards Corp.
Tung-Sol JLamp
..1953
5%s
42%
13%
Construction
or
J-J
J-D
42%
Amer
Trunz
19'A
122
3%s
City Electric 3%s
Telephone of Canada—
May
34%
Jan
1961
1970
6s.
Elec
—
Amer
Tri-Continental
10%
10% May
117
Tobacco Security Trust Co Ltd—
•Todd
Jan
29 % May
4,SCO
120
120
—
Tilo
8,200
Week's
Last
5
common
2%
Sale Price
5
50c
—
Shovel
,—
2
Textron Inc__
10%
12%
—100
2ft
Period
Atlantic
Alst
Technicolor
-
Interest
Exchange
Power
Electric 4%s
Associated
Assoc
Eastern
10%
2ft
Low
1st
__1
•
Friday
Curb
Lackawanna
Taggart Corp common
Tampa Electric Co common
£ 1
BONDS
New'York
§C?ntral
77%
8
5
Sunbeam Corp.
;
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Swan Finch
32 'A Mar
1% May
l'A Dec
8
•
.
Co
Dec
107%
•4%
17'/J!
1
_
common...
Corp
&
27 %
9,000
1
_
_
Stop & Shop Inc
(S)
1,600
1%
1
__
Stroock
62
\j\r common
(Hugo)
Nov
3
*4%
*
Co
9%
4%
__
1
Sterling Aluminum Products
Sterling Brewers Inc
Sterling Engine Co
•
Sterling Inc
200
7%
4%
Corp
B.)
106
-
27%
1%
luJ
-
2l'A July
13% Feb
-1%
•
(J.
Feb
V
5s
—
4'% July
—
Steel Co of Canada
Stetson
36
May
27%
1
Co
Standard Tube class B
Stinnes
Dec
3
9%
•
61
21
1,200
;1%
.
_
Products
(a)
850
3'/b
receipts
/ 8% : preference—a_.
;
Wright Hargreaves Ltd—
Jan
22'%
deposit
Jan
S%
Standard-Thomson Corp
btem
2%
25'A
*
Common class B
(The)
Oct
Nov
27%
—
Starrett
1%
9'A
American
Jan
1,200
5,000
9%
—
-
Preferred
9
1%
11%
1%
__
_
Standard
Feb
3
__
Standard
_
4% May
Dec
8Va
4% May '-
„
100
6%
41%
17% Mar
10
..
900
8% Mar
22
11
1
...
700
•-
.5
6%
,
11
1%
.2.78 "
Co
Standard Cap & Seal common
Convertible preferred
41%
4%
4%.
...
600
4%
,
40
5 ;
-
Corp..
Inc..-
Stahl-Meyer
4%
4%
Southern Pipe Line..
Southland Royalty Co
1964
J-D
2030
A-O
107% 107%
1
..I960
J-D
120
120 Vb
4
Union—'
v
,
debentures..,^./. 1959'/•
F-A
*102% 105
••
82
106%
MrS
3'As
5s
5s.
63'%
10
1954
110
105'A
108
115'%
122
ioi% 105%
\
Volume 166
THE
Number 4659
COMMERCIAL
YORK
NEW
RANGE
FOR
&
FINANCIAL
CURB
WEEK
CHRONICLE
EXCHANGE
ENDING
DECEMBER
26
Friday
Week's Range
Sale Price
Bid & Asked
„
Foreign Governments & Municipalities
BONDS
New
York
Curb
'Interest
Exchange
Last
■
Period
or
Friday's
Low
ARussian
BONDS
New
York
Curb
-
Friday
-
Interest >
Exchange
Week's Range
Last
or
Sale Price
Period
A
Mortgage
20-year
A20-year
(
Bogota
Bank
7s——■
7s
Mortgage
Valley 7s
Danish
Bank
Sold
January 1
No.
High
Low
High
$36
6 6 Mi
$66
65 Va
76 Mi
J-D
43
22
5s
-
M-N
$78
85
81
in
$76
85
68'/a
10
9%
6
3'/4
25
2'
6
sale.
ueing
eOdd-lo»
r-Cash* sale.
U*aru>autea
x
auring
,vr
'
*
above—"cod."
"
1
■
certificates
"w i."
"
"n-v,"
of
-
'
•
deposit;
Ex-dlv.
y
■:
iw^ouuon.
Ex-rights.
cuxx«m»
7'
a
•
'
>1
"v t c,"
1
-
"cons," consolidated;
stock;
non-voting
r Rx
«*ie
T.
-
'M." mortgage;
29
High
2
"6.2%
voting
*
"cum," cumula¬
truBt
certificates;
94
10
uu
Low
ExTim****!
<1
January 1
NO.
43
■
'
•
n Under-the-rule
orices,
traded flat, f
receivership. "'
used
«me
Range Since
Soid
2%
;
96
F-A
deliver?
Bonds
./
High
24a
2%
"%
J-J
tive; "conv," convertible;
45
1955
1953
External
{(Reported
aakeo
ano
being
Abbreviations
of)
Deterreo
a
li Ex-principal,
bid
a
A Bonds
..
.'$39.Mi
Lohn—
Municipal
5%s
Ex-stock div.
g
78
J- J
value
par
tFriday
A-O
1948
Cons
External
M-S
-1921
—
•No
—
—_Jan 1947
(see
•ACauca
(Col)
"—April 1946
6y2S,-i-«il919
Range Since
Bid & Asked
Low
Agricultural
Government
A5 Mis
Bonds
Friday's
; 33
(2689)
when
"w
issued;
w
with
wairants;
*x
w."
without
warrants
1
■'V:
Danzig
a
]".■
Port &
External
-\?;h.v;
'
Waterways—
6%s
stamped
1952
City (Peru) 6%s stamped_1958
Maranhao stamped
(Plan A)
ALima
•
Interest
AMedellin
7s
Mortgage
I ■'
reduced
Bank
of
(issue
of
A7s
(issue
of
Oct.
$26
29
J-D
j-jj
%
y
11
i
1.4
34
30
Slock and Bond Averages
i i
18%
27
.
__
43
47
M-N.
1947
A-0
$44'/4
1931
6s
20
J-D
45
on
$20
—
:'•
53
25 Mi
30
Parana
81
81
J-D
81
98 Mi
25
81
37
reduced
Janeiro
ue
Interest
to
2'/aS—__2008
stamped
reduced
t
Rail-
>
trials
Total
Utll-
roads
33.25
,
(Plan
28 Mi
26
23
26
J-D
i'l'l1
24 Mi
52 48
33.35
52.45
33.37
25—
33.20
51.62
Grade
Rails
83.35
1C2.81
'
Total
Ut'ili-
Rails
102.65
.■■///,.■.
10
Grade
trials
'
;
C6.25
V
40
Me*
'
102.01
•
97.88
100.47
64.98
100.50
102.21
86.06
101.62
97.GO
99.94
101.79
85.60
101.19
97.13
99.60
101.25
:—
Holiday
179.28
1
'///
10
First'// Second
64.51 ?■
180.71
26_
uoiaon
65.01
180.21
23
24;——180.84
Dec.
32
emu
Jones & Co.
64.80 % 100.50
^2—
Dec.
2012
51.39
V
Indus-
Stocks
Dec.
A)
2%
>
28 %
J-J
10
65
tip*
51.70
:
—181.06
20.
18
Dec.
stamped (Plan A)
Interest
Rio
1972
Denmark 5s
oi
20
IndusDate—
Dec.
atocn.^
Bonds
"
■
.'.
-
Dec.
bahk
Mortgage
are the daily closing averages ol
reprtbentativt
the New York Stock Exchange as compiled by Dow
beiow
listed
52
46
18
45
1047
L
1927)
a
Stocks
1927)—
1 A Mortgage Bank of Chile
$13
M-N
f
Bogota—
May
NL-S
2008
21/bS
4.
14
1951
to
stamped
A7s
J-J
33.21
Holiday
—
64.27
101.81
—
85.47
97.84
—
100.93
'/91.82
11
OTHER STOCK
RANGE
FOR
WEEK
EXCHANGES
ENDING
26
DECEMBER
ft
Friday
Baltimore Stock Exchange
Week's
Friday
stocks—
of Prices
Sale Price
Par
Shares
Arundel Corporation
Baltimore Transit Co
5%
1st
of
Mount
Gas
3
17
&
4%%
Lou
975
13%
2 Mi
13
High
25 V2
Dec
Feb
3
405
2 Mi
Dec
SM2
Jan
17
15%
823
15%
Dec
44V2
Jan
11
110'/a
Dec
110% 110 %
Drug,
Webster
&
Stone
Torrington
116
Dec
North
Oil
65
105
27
82
26 Mi
25c
50
r
Jan
37
2
2
,
Co-
Guaranty
3
65
105
v
100
——:
Casualty
American
Fidelity 61
Low
6%
*
Drill—,
Union
Twist
Shoe
—,—
100
Nov
72-
Aug
105
Nov
24% May
29
Jan
1.15
1.25
300
35c
47 y4
47'/4
48 Va
7j0
3v % May
48
70
70
70
Dec
90 Mi
81 MI
8iy2
Dec
98
System
V/arren
(S
Nov
Feb
55
6 V2
Dec
11%
340
13%
Aug
153/4 Mar
12%
931
10% May
171/8
37%
171
32% May
42% Aug
40
54 Va
55%
1,940
55.1/4
55 %
L00
38 V4
11
38 V4
45 Va
—
*
:—
Westinghouse Electric Corp
Feb
-
12%
Feb
1
40
•
Inc
Co
D)
F-b
81 Mi
14%
471/4
40
46
May
Jan
443/4
53% July
Dec
71 Va
38'/4
7
365*
Jan
551/4
Dec
40%
,->
Jun
Apr
48
May
00%
'
Waldorf
1
High
Mar
15
54%
10
Rubber
S
12
Feb
vl7%
Jun
14%
14%
16
15%
16
200
13% July
18
Apr
31
29%
31
679
22% May
31
Dec
20
13%
Apr
,
Dec
70
U
7'/a
80
55V4
*
common. —_25
Machinery
6%
■
37
37
5
Fruit Co
United
1
Low
'
1138
*
Co
13%
14V»
*
——
Inc
Range Since January
High
13%
:
20
preferred
prior
Shares
2.50
inc
Association
Shawmut
United
Power
pfd B—100
——
„
Amsterdam
6
*
100
13%
Kexa))
Range Since January ]
High
Corp
Vernon-Woodberry Mills—
6.75%
U
"
Baltimore
Common
New
13 %
vtc
Elec Lt
preferred
Consolidated
Co
♦
Low
for Week
*
Reece
Sales
Rang*
Par
for Week
VTrrk's
of Pricea
1
Sales
Range
Last
,
Last
Sale Prtee
'v
STOCKS—
Jun
1.25
Dec
BONDS—
Baltimore
5s
Co
Transit
series
1975
4s
A_.
1975
-
$1,000
5,000
Chicago Stock Exchange
Friday
Week's
Sale*
Last
Range
6,for Week.
Sale Price
STOCKS—
of Prirea
£hare»
Pa*
Boston Slock
Friday
Exchange
Week's
Last
STOCKS—
•
Sale Price
Admiral
Aluminum
Aetna
Ball
Auied
Sales
for Week
Range
of Prices
Advanced
American
Wi Shares
5
Castings
Laboratories
4%
5%
200
1,350
Sep
7 M»
Feb
Jan
11%
Nov
Jan
27 51
Nov
Jun
174%
Feb
10%
50
20 %
2o %
200
.17
COO
150
capital
100
150%
5
14%
1
2%
150 Va 150 Va
7
Feb
9 Vb
10%
•
Co
High
10'4
3%
"
Range Since January l
v
6%May
•
Par
•
Amcr
Low
_<■
Agricultural Chemical
Aiueritwii
1 no
Refining———
&. Tel—
.—_100
Tel
American
Woolen
45%
150%
44 Va
u_
~
50
Copper
Anaconua
High
50%
sugai
Aii-srican
150
50%
Lou
'
200
:
3,391
43 VB
151
34%
High
May;'
50%
149%
Jun
Dec
43%
Dec
174%
34% May
HO
Feb
42%
44 Va
185
267/8
34 Va
35
368
31
20
—
20
100
14% May
20
Nov
135
Jan
51
Co
common
Asbestos
Mfg Co common
Products Corp capital
Athey
&
Son
*
Inc
bu.-Jon
&.
Bi^ton
Edison
Bo Jon
Elevated
Uosion
25
Ry stamped
lOu
__
•
Traveler Corp..—
Maine
&
,_100
.
—...
tieralu
Boston
RR
Albauy
41
115
116%
40 Vt
185
41%
115
857
.
39% May
50%
7%
3a4
4
Corp_______—
3
4%
Avco
Mfg
5
Mfg Co
common
Berghoff Brewing Corp_
Jan
Blnks
19%
19
19%
630
I8V4
Sep
20 Va
Sep
25%
26%
445
25 %
Sep
37%
Jan
20 % May
39%
37%
100
100
514
5Vt
7
39%
6V4
662
5V4
100
3
7
•
7%
100
Providence RR—
100
240
4V4
Jun
4V4
Jun
7%
20
May
8
Feb
July-
8% JUly
10
34
31
20
39 Va
95
23%
Jan
75c
75c
85
40c
Dec
83 Va
84
75
82
Jun
97
Jan
100
79 y4
79 Va
25
fo
May
81
Nov
100
Gas
%
33%
38%
3%
3%
10
2
Sep
9
Jan
7
10
East Boston Co
4 Mi
34
5
Service
6 'it
10
:
Fuel
&
7t/r
45
Borg (George W1
Eorg-Warner Corp
Brach
&
Sons
1st
pfd
5%
preferred
A
10G
preferred B
SS
Lines
National
Ir.c
Gillette
100
Safety
66
71
89
Isle
24~y2
Keunecoti
5%
Co
(E
Oct
Castle
Feb
Central
40%
Oct
L)
1.00 May
&
Co
111
(A
400
17%
Feb
250
9% Mav
200
38% May
54%
Oct
100
40
Mar
62
Dec
5
47
47
Biscuit
11
13 '4 Feb
50
35
Jun
50
Nov
1
15
15
50
10%
Jan
16%
Feb
12M»
18
18
100
16 Va
Apr
21
1j%
1J
500
11
Dec
23%
Feb
C Va
7
200
Dec
20
Jan
May
42
Jan
10
Cent
&
S
Uiil
*
——
50c
common
24%
25
70
32
1%
12
12
9'4
12
£ 1/4
30
£%
11%
64
33
33
12%
5,300
500
•
May
xll%
Nov
15 % Mar
8 '/a May
2,100
64%
33
2%
Feb
1 !4
50,3,,
12
—
4%
50
100
1%
1
preferred
10% July
6% May
*60%
Jun
12%
Feb
Dec
n6 Va Mar
"
Chicago
Electric
Milw St.
Mfg class
P Pac
A
10
22
May
33%
Dec
♦
8%
8%
9%
600
7
Dec
13%
Feb
•
vtc—
25
47
Jan
Cities Service Co
20V4
Jan
25
Dec
Commonwealth
25
1,54.5
Aug
24%
28
28
58%
34%
34 V4
35%
1,615
33 y4
30%
34 Va
1,061
7%
7%
7%
rn
7
Dec
3%
3%
3%
600
2 %4
Jan
47%
48%
473
6V4
6V4
200
35
37
125
52 Va
53
25
1
Chicago & South Air Lines
20
-
57%
*
Assn
Corp common
20V4
Oct
Consumers
62%
Dec
Crane
11% Mav
•
Apr
51% May
-
40
4%
4%
5
700
4%
Dec
9Va
Feb
23 Va May
34%
Dec
10V4
Feb
*
53
.
4
41% May
5%.July
23
58
Jun
43% May
11%
330
11
18
18%
325
,•
l
36c
36c
300
11
Electric
Co
Co
Dodge Mfg Corp
(new)
Sep
51%
.
7%
Feb
37V4
Dec
Flour
62
Oct
Four-Wheel
Dock
Dec
Co
19%
Feb
General
26c
67c
Feb
Gibson
May
Motors
Corp
Refrigerator
Co
? 4*8
11 Vb
1,150
80
Dec
57c
3,300
50c
Aug
1%
Jan
36%
26»/« May
39%
Oct
Hein
Werner
17%
18%;
15%
Dec
26%
Feb
Hibb
Spencer Bartlett
2 Va
May
4%
Feb
Hupp
For footnotes see page 42.
•
.4.-..
2,103
125
..v :
40%
Oct
23 Vb
26 Va
26%
25 »4
Nov
33%
37
37
21)
35
Apr
41
Sep
24%
34%
34%
50
34%
Dec
34%
Dec
9%
Jun
13%
Feb
4,0C
9%
9%
300
10
37%
37%
100
30% May
2%
0%
3%
650
2% Mav
96%
£6%
96%
20
81
May
100
8%
Jan
%
3 <0
13%
Feb
P%
901
10
10
10
—5
———
Dec
133/4
121
Nov
Great
common
Ruboer
12%
4
Jan
»
Inc
common
82
4
23%
85
Feb
Sep
39
4%
113
Oct
Oct
Nov
1"%
17%
1
'0
9%
1'4
°%
17
"
•
123/4 Mar
19% July
11%
*sb
19
G50
17
Dec
31
Feb
58 Va
400
52
Jan
65
9 Va Mav
Feb
51c
18
100
May
*
Brewing common
11%
25
38'4
—*
80
50
Oct
38 >4
5
Auto
Lakes Dr & Dk
common
10
57%
1
8
*
common
•
Co
57%
%
16%
Feb
Nov
6%
Apr
41%
Dec
45
Dec
16 %
2,009
153/4
Dec
20
Jan
11%
C50
9V8 May
25%
450
IPI'4 May
29
Dec
10
700
Dec
15
Mar
Apr
70
45
16
10%
1
9%
801
200
8%
44%
25
Jan
Hammond
Instrument
Heileman
RR
66%
68
Dredge &
America
Drive
(Peter)
21
Connell
&
of
34%
Quincy Mining Co
Sep
10
A™
common
Mills
14 '4 May
45
06 %
Jan
11'4
:
70)
50
commcn——
Corp
Credit Corp class
Eddy Paper Corp (The).
Domestic
WMi
Mills
30
64 »/4
—_25
20
—2.50
70%
63'4
9*
common
pfd
cum
—
luO
System—^
Tel
70
63Va
lo
common
Edison
70%
^v8
(new)
Feb
11
1
Cos
<tz
32
pfd—__*
common
Convertible
I
1
common
Chicago Towel Co common
5
Racing
TeJ
1-:%
10
common
Corp
preferred
W
common—
Chrysler
100
common
North^Butte Mining
Pennsylvania
15%
11
M)
Goodyear Tire &
Pacific
Feb
13
13 '/a
60
Jan
100
RR
Service
England
14%
54
Jun
24%
•
Nnsh-Kelvina'tor
England
23 Va
common—.
Secur
Convertible
Fox
Npw
Aor
12% Sep
11% May
11
9T/4
1
—_
Mergenthaler Linotype
New
18%
100
CO
124 %
•
Co
preferred
National
400
13
£4
Sep
_15
Razor
Copper
Narragansett
13%
•
Dec
•
T
Copper
Central
Feb
Aug
Feb
5
Piston Ring common.
Burton-Dixie Corp
Butler Bros common
Fitz Simons
Maine
7%
12%
10
66 1
35
573/s
*
*
Bakeries
Royale
4% May
capital
Doehler-Jarvis
Hathaway
4%
19%
Corp
85
1R5
89
•
common
Assoc
Stores
Electric
General
66
100
adjustment
Employers Group
First
400
13% Sep
Ry—
series
6%
Eastern
5%
.
10
Burd
Chicago Corp
Commcn
6%
Dec
Aug
common
(E J)
Chicago
Street
Mass
6 >4
3%
—1
1
Manufacturing Co capital
8Va
May
6% May
Associates—
prior preferred
preferred
Eastern
3% ,Feb
,
500
2C0
•
July
100
Calumet & Hecla
Eastern
Dec
15% -Oct
Jan
Carr-Consolidated
&
1%
2,400
7%
,
9% May
2,500
2V4
7 "4
3
Dec
25%
100
class B 1st pfd stamped
Cli IP*
2
4
common
Automatic Washer
Bruce
prior preferred
class A 1st pid
Stamped
Poston
14%
RR—
5%
8%
115 Va
14
Oct
42 Va Mar
May
Armour &
Belden
Bird
>
Low
73/4
common™
Tel
&
4%
73/4
common
Bearing
Tel
'7%
Range Since January 1
HiOh
Low
1
Corp commcn
(G)
Corp
Brew Co
Corp
common
capital
(new)
common
common
1
25%
3
9%
25
1
P%
G2
4
%
4%
62
4%
100
300
9 %
56
4 Vb
Jun
12 3/4
71/4
Oct
Feb
Feb
COMMERCIAL
THE
(2690)
34
& FINANCIAL CHRONICLE
Monday; December 29, 1947
OTHER STOCK EXCHANGES
■v•
,/""/x
$TQCm~
Par
Central
Illinois
RR
29 %
31 %
com—•
20
20
20%
1
—
Power $6 preferred-—
Jim Brown Stores new com—
*
Class
preferred
A
La Salle Ext Univ
5%
5
5
Feb
Jan
6%
Nov
Rapid
U S Printing—
Dec
Dec
15
Jan
6% May
10
Feb
5%
5%
150
68%
406
6%
9
21 Va
6%
50
9%
500
21%
100
44%
44%
50
24
14%
H
14%
9%
25'A
11
14%
9%
500
—J
22%
56
22%
56
7%
5% May
11
240
10
6
6
80
* '
15
Field
Co
&
•
common
1
0
Mickelberry's Food Prod
Middle West Corp capital
Miller & Hart Inc
common
-*
—*
Montgomery Ward & Co
■j
North American
111
Northern
Northwest
:
Car
Cprp
Util
Northwest
—20
*
—*
100
common
common
Bapcoip
7%
:
vtc
Modine Mfg common
;
•
% 25
40
40
49
48%
—
—
Mar
47 %
Jan
common
pfd.
—
—
Jan
Dec
24% Feb
8% May
500
13% Mar
Last
50
17% May
23%
Dec
64%
Feb
American
100
32%
15
Apr
26%
Feb
240
144
Pec
8%
1,100
7% Apr
6%
6%
102*% 102%
17% 18%
1,150
5% Apr
144
common—,.——1
Coai
Peabody
6%
6% preferred ___—A/
/ Pennsylvania RR capitals
—-100
50
-
Peoples Gas Light & Coke
(The) common
/ Pressed Steel Car common.
Potter Co
*
8%
8%
Co class B common.,—5
Manufacturing
Oak
100
——I
1
Sangamo Electric Co commons.
<fe Cot capital'—
Sears Roebuck
Shellmar Prod Corp
common
•
__
17%
Apr
Feb
180
•
Brand Clothes common
South Bend Lathe Works capital
.
,
110
Apr
Dec
17%
1
Spiegel
Inc
5
.2
common..
Stockyards capital
*
Standard Dredging pfd—
:
...20
Standard
of Ind capital—
25
St
'
Louis
Nat
;
86%
100
Stone Container Corp common
Storkline Furniture common.:
1
—10
>
__
s*
#
*
Corp common
SundStrand Mach Tool common
5
__
__
93%
Nov
25
Co
Certificates
of
—
preferred ———_———
Graphite Bronze (Un)_., —1
4% r/o
'
'
9% May
15%
Feb
28%
28"%
29%
(The)
Texas Co
Thor
Corp
Trane
>
(The)
Co
208 So
■j.
—
common—
La Salle St Corp.'.
capital
Union Carbide & Carbon
XI
a
Steel
25
5
2
•
•
37%
33%
3,300
200
x24% Mar
6
•
common
36%
47%
100%
,—
Erie Railroa#XUra)l._
13% 13%
17
"17'A
500
1,900
14
7%
300
23% May
•
-29%
19
41%
17%
31
23 %
*
15% Oct
17'A
Feb
3,
:
alO%
34%
Feb
27
600
30%
19
42%
260
8%
200
17%
100
17%
Dee
20
17% Mar
600
37% May
■
21
'
Halle
Aug
44
Bros
Industrial
July
commonii-i
8%
10%
Dec
(Un)__
Interlake
Nov
x22
15% May
—;
50
31
24%
200
33%
16
26%
•
5
Steamship
Oct
Lamson
31
21%
100
21%
May
37%
Jan
Sep
26%
11%
.
100
60%
25%
36%
1,200
53%
21
120
Central
.—
Dec
Ohio
Oil
x45
Feb
Pennsylvania
N
Dec
Dec
37
-
Dec
200
700
80
89%
62
54
Jan
Y
(Un).
RR
80
Republic Steel
Dec
Bros
13%
100
5
14%
14%
14%
300
May
May
Products,
S
Steel
Van
Dorn
U
16%- Feb
15% July
Stacks—
400
300
34%
35
400
17%
17 %
300
*
—
Products
2% May
12
May
17
41%
42
100%
Nov
10
1
1
May
12%
(Un)
Curtiss-Wright
Farpsworth Television & Radio
•
Jun
6%
Co
•
Graham-Paige Motors
1
Laclede Gas Light
a
Nash-Kelvmator
5
Corp
New.York Central RR capital
North American Co
Packard
Motor
Car.—
_
•
10
•
34%
__
5
17%
__
4%
4%
400
4%
7
7
100
5%
1,600
6%
32
1,000
35
May
39%
Pan Amer Airways Corp
2%
Pictures Inc new com
-1
Pepsi-Cola Co
33%
Pure oil Co (The) common
*
Radio Corp of America common
•
Radio-Kelth-Orpheum
1
Republic Steel Corp common
*
8%
700
May
4% Apr
6%
18%
900
14% May
19%
15
600
12%
Dec
22%
5%
1,400
8%
21%
700
9
29'A
400
9%
9%
1,000
8%
8%
400
27%
400
28
9%
__
27%
400
21%
Dec
33%
of
15
Standard
Oil
J
27 %
Dec
7%
Standard
Steel Spring
1
16%
17
1,700
Studebaker
Corp
common
1
Sunray Oil Corp
United Corp
•
__
1
Wilson
14%
Co
Sr
•
common
14 "A
20%
500
800
22%
11%
800
2%
2%
400
14%
14 %
100
11
2%
__
14%
8%
Dec
14%
Ford
Last
Sale Price
Dec
31
Aluminum
Industries
(new)
American Laundry Mach
Baldwin
_—
*
20
8
.
21% May
7% May
10%
Beau
A
Brummell
Burger Brewing
15%
Preferred
May
30%
26
3
16%
17
11% May
DOW
Drug
telephone
...
...
—
7%
Jan
2%
Dec
16%
15
12%
Baldwin
Jan
Oct
Rubber
common
__
»
Dec
Jan
100
Dec
8%
514
2%
Jun
4%
,
4
Feb
Jan
Dec
38
Jan
355
21
Apr
35%
Dec
Dec
26%
Feb
224
15%
27%
114
22% May
44%
1,049
28'
226
a 49%
7
Feb
22%
May
30%
,
Feb
Paper
common
Motors
82
11
253
a 23%
49
a79'A
90
Dec
54%
23%
Jan
59%
Jan
80
May
61% May
10
Jun
Dec
Feb
20%
19% May
53% May
29%
Feb
83
Oct
.
; -
.
Chicago Stock Exchange
x
Exchange
Range
for'Week
of Prices
Shares
2%
1
14
1%
Sales
Week's
v
12%
1%
Rang* Slnee January 1
100
2%
14
1,658
1%
1,100
2%
10
1 %
2%
July
Feb
Dec
Jan
14%
14%
200
12% May
16%
Oct
21%
360
19
23
NOV
8%
8%
200
6% May
6%
6%
6%
300
6%
21%
3%
4%
712
21%
2,763
2%
100
2%
1
24%
241/2
100
17%
1
2%
2%
2,150
2%
11%
11%
Motor
14
21%
2%
Friars
5%
Dec
May
•
—.10
Truck
5
20
common
Frankenmuth Brewing common
1
High
LOW
High
4,%
Navigation
common
2%
■»
..1
1
Ale
,
__
1
200
4
4
1
1
1,200
5%
6
455
57%
58
228
,.
400
21
May
12%
Feb
8
Oct
Jan
6%
Apr
Jan
27% Mar
Dec
3%
Dec
Feb
26%
Oct
Dec
4%
Feb
9% May
14%
4
Jan'
Nov
5
Feb
51/4
July
Jan
2%
Jun
1
Feb
High
Wood
14% Dec
Gar
General
16
20
-
!
,
May
Feo
Mar
Industries
Motors
1
common.
—10
19% May
15%
,175
23% NOV
25 Va
76%
97
64
8'A
688
76%
52
8%
189
4%
Dec
Jan
97
Dec
7
Aug
71
Jun
7%
Jun
8%
Jan
28
Feb
26%
Cferity-Michigan Corp
Goebel Brewing
__
__
__1
Graham-Paige
—
—
52%
9% Feb
65%
Jan
*
wl8
•
_.
__
22
;
Preferred
58
29%
Feb
Feb
Hoover Ball & Bearing common
Hoskins Manufacturing com
Houdaille-Hershey common
14%
Feb
Howell
>
99
Va Jan
12% Feb
18
46%
7
18
46%
25% July
Jun
69
»
10
16%
Dec
18
Dec
52%
Oct
40% May
5%
150
5%
5%
6'A
1,001
6
6
Motor
tKing-Seeley
Kingston
•
3,040
Feb
9%
5% Ma7
8%
Sep
Feb
1
Kinsel
common
Drug
—^
(S S) common.—
3
7V4
Nov
1
3
22%
22%
100
14%
14%
200
14%
100
13%
18%
—
13%
7%
2HA
...
1
—I
10
100
22 %
__
•
Car
Products common.,
Kresge Co
10
2%
*
*
Electric
Hudson
Jan
•
9
5%
25
110%
53
.60
22%/
57
20
8%
5%
Jan
6
Jun
7% Nov
Feb
Jah
42
8%
1
1
—.——
■k'.
31% Aug
38
-
Low
1
Bros
'
Feb
43
21%
37V*
25
8
Hobart class A (new)
52
1
29% May
130
8
Kroger
For footnotes see page 42.
Jun
5%
34%
4%
1
Adding Machine.
Burroughs
Consolidated
i Continental
Federal
5%
8
/ 22
———
290
a79
•
Bale Price
1
Brown-McLaren common
Sep
4%
17
Range Since January
16
A/
Oct
41%
Detroit Stl Corp common
21 %
110
T
Oct
•
Detroit Gray Iron
20%
97
10
_/<—*
Gibson Art
14%
26
;
1
Electric
Allen
Feb
Kaiser-Frazer common
Eagle-Picher
X
Par
24% Feb
10% May
20%
97
50
Jan
Nov
».
DETROIT
STOCKS—
r
July
17
May
5%
..
2
Clniennati Street
Cincinnati
8.50
9
22
10%
•
Last
79% July
Mar
13 'A
-j
Feb
50
100
j'-.v
Members
.VV-y
.x,-
Feb
13% Mar
Low
31
)
Feb
27
Friday
for Week
14%
31
100
;
;
Feb
Dec
20%
*
Cincinnati Gas common
16%
'
16%
1
*
36%
Dec
12%
Detroit Stock
Feb
8%
;
/ Champion Paper & Fibre—
Jun
10%
23%
Building
33% July
29% Dec
High
13%
__
31
1,272
Electromaster, Inc.
Shares
'
Dec
Jan
Dec
Sales
of Prices
Low
:
15% July
Telephone: Randolph 5530
Cincinnati Stock Exchange
Week's
Range
^
:i,l
Feb
50
35% May
9% May
846
11%,
31%
Dec
21%
Curb -Associate
Detroit & Cleveland
Par
32
■
a23%
—
.
Detroit Edison
8TOCKS—
20
100
-.
a77% a79
*,
Stock Exchange
Detroit
Davidson
Friday
40
14%
Feb
20%
16
.
Aug
Feb
b4
17
25
N
30
12
--
V./.,-:.-../.'!:.:,..
.,
Socony Vacuum Oil Co Inc
Dec
170
*
Jan
4%
23
.
'
_
Feb
4%
,4
Feb
23
Dec
23
Feb
14%
5
.7!
;•
;?
;
61% iFeb,'x
WATLING, LERCHEN & CO.
Feb
17%
4%
•.
>
.
Feb,:
Dec
16%
..
/
Jun
41%
Oct
22%
—
-•
50
49%
a49%
1
Feb
8
?
Paramount
110
.
..
8% Nov
3
17
5
"49
41-
-
43
—
Works
Iron
12% Oct
5 % May
34%
,
'
Nov;'
130
43
*
Feb
Electric
Feb
26%
27
•
Motor
Feb
General
65%
Dec
28
Irrc
common
20% Jan
*
7
Jan
22%
Nov
12
•
;
.'.A1'
39% Feb
51%
Mar
31% May
Columbia Gas & Electric
Continent*.! Motors
__
32 -' May
Feb
May
May
I
*
v
'V
Feb
5%
May
9/V»
1
;
Feb ■>
Feb
26
3%
15
.
Feb
61
-
28%
—
Yomigstown Sheet & Tube..
.10
)•'
Jun
al7% al8
—
—
13%
9 %
42'A
a31% a34%
•
13%
11
-
12%
Dec
•r/c-8%
15
—
.2
Certaln-teed
:7
-
Dec
28 %
*
(Un)
Thompson
Bethlehem Steel
57%
15
•
.50
... -
108% July
May
23%
,;>7
50
./
,
22
3%
——
Jan
—
42 3A •May
Jan
.5%
•
—
*
(Un)^-AiU
Dec
50
6%
41%
41%
8
Jan
Anaconda Copper Mining
35% July.
-
12%
•
RR (Un)_—_.—i,—;—
Edison
60'A
25 %
White
1
*
Ohio
Sep
May
May
14
200
36%
45% 48
100% 1007A
3%
14%
26 L
200
16%
23
107/«
4
13%
3%
14%
Jun
23%
"4
23%
*
Feb
115%
Oct
27'A
3% Sep
•
'
-
% a44%
31
•-
Mfg
30%
1
Get
Jan'
Dec
;
141
..
-
24%
49%
12'/2
Apr
Corp
107%
x>
60
14%
Sessions
&
(A G) class B
Medusa Portland Cement—
Dec
American Rolling Mill.
50
-
22
22
.*
15%
American Radiator & St San com
10%
23
—
10%
Alleghany
25
49%
16%
—
•>.
Kelley Island Lime & Trans.
Sep
May
a44
—1
—iLzzL
Feb
26'A May
300
30%
a
24%
*
...
(Un)_____—
Rayon
Iron
200
caiptal
Nov
85%
■
Interlake
35%
77%
;
;
.
a57% a58%
—
.
300
Mach
•■/-.. 55
500
4
'
Too
3,850
Unlisted
15 %
Feb
10%
Yates-Amer
Novv
■
Feb
38
8% May
29 %
35
24
54%
49%
——
30%
15 %
common
Feb
34'A
34% Nov
5
•
a30%-
a56% a56%
Goodyear The- JsiRubher.
Gray Drug.8torto._Great Lakes Towing
15 %
Indust
174%
Dec
9%
10%
Woodall
648
'
*
10%
—
Jun
'27% May
11% July
CO
July
1,281
•
a34%- a34%'
"
•
30%
Feb
'
_—-
•
12%
common
149%
•
15
15%
54%
.
(Un)—— -10
Wiebolat Stores Inc common
Banksnares
278
:
4%
"
Motors^ common
Glidden Co common (Un)
Standard Oil of Ohio common
Westingliouse Elec & Mfg com
"
al07%al07%
6eneraiEtectriccommoa(Un)i.—
General
Oct
Wisconsin
V
Jan
-
81%
•|f<'a30%
725/
—
35
6% May
50
(Un)
40% July
Mar
May
<
Richman
;
34%
f. va37% a38% »r' T110 '•
—
/•
—4
Jun
Firestone Tire &vRttbber
10
60%
24
Nov
22% July
*
5%
Oct
2^,7
33%
22% Jun
30% May
4% May
National Tile &
>>•
1
__5
Metropolitan Paving Brick
deposit—
19
Sep
100
....
21%
capital stock.
Swift International Co Ltd—
Swift &
2% May
11% May
50
...
-
High
.
350
...
150%
-
81:
McKee
if
a
.15
:
Cleveland
.
-Sunbean
150'A
:
81
Detroit&'CJeveland.Navigatian.(.Un)
100
8%^
„
15%
1
common
.
9%:/10
42%
100
3%
18
a24% a24%
a
Cote-"
V-
a31 % a31 %
Cleveland Electric illumln. com..
t
Feb
850
27
__
29%
Feb
Range Slnee January 1
High
3%
f- $4.50 * preferred;
Jan
26%
6
10%
x7%
—
Apr
52%
Sales
Shares
17.%
18
100
(Un)
•
Society
,
52
Dec
.r
City. Jce A Fuel....
Cleveland .Cliffs Iron
i
^
87%
10"%
—
Jan
16%
Jun
48%
•
6
—
—
Slgnode Steel Strap common.—.
1,400
16% Fetr
9% Jan
87%
—
*
—
—37%
*<
•
Sinclair Oil Corp.
93
15%
30
.
Nov
for Week
Range
1
Products (Un)
Jan
21
8%
Jan
6%
12% May
38
of Prises
Low
_5
American Tel & Tel
Oct
Apr
650
25%
260
Jan
68
132
49
.Week's
...——1
(Un)—
Coach
Home
Amer
___
Sc. Body.
Alleghany Corp
49 Ye May
50
Oct
71
Dec
3%
141
40
f
/
Sale Price
*•••'<■/ Pat
1. -
■
STOCKS^ v/xx;'
y
100
29%
9
9
21
__
Feb
30
21%
146 '
29 %
__
—
21%
34%
Dec
13%
1,500
Feb
6%
Cleveland Stock Exchange
Nov
11
23% May
50
15%
*
15
50
—
Preferred
Friday
Marshall
:
240
Dec
11%
'x
-
.
Apr
May
20%
240
100
preferred
High
Jan
4% July
56% May
Jan
May
8*
16
68
Low
8
97% Apr
Oct
90
10
9%
Lindsay Lt & Chem common—
5%
5
40
—
9%
'
55
Randall class B
90
—
7
*
•
8 f/»
8%
24%
24
5
common—
Libby McNeill & Libby common
Lincoln Printing Co common
11%
Range Since January 1
High
11%
68%
Dec
650
Shanes
Low
Jan
Dec
200
7%
Sales V
for Week
Range
-*
Pumps
5
90
^ ,
18
National
2
—
^1Q0_
reprice*;;
*
.
-iV'W-\rv» -'J
5
7%
—
25
Motors
20
5
5Va
5
5%
—
1
—*
•
Kellogg Switchboard common
5% preferred
—
,
,
„
Week's
Sale Price
M:
x 'x,'."toy
Par
Meteor
Dec
Feb
80
•
i i Interstate
31%
May
6% Dec
250
7%
2
7%
2
—
May
19
450
.
—
18%
STOCKS-.-;';:
.
High
Low
__
Indiana Steel Products Common
Warrants
Range Since January l
High
100
Tool
2fi
Friday
.."Last/:
Shares
200
common
Pneumatic
Independent
Low
>
DECEMBER
for Week
of JPrieeg
EWiW««-.;
■
ENDING
Sales
Week'a
Rang®
Friday
Last
•..
-
WEEK
FOR
RANGE
7%
21%
15%
15%
14
4
__
1.
14
4
119
.
100,
510
100
400
1%
1%-
.103
38'A
38%
203
Jun
29%
Nov
21;
Jun
Sep
Feb
18%
Apr
Oct
Dec
7%
Dec
113% May
21%
Oct
7%
Apr
18
Oct
13% May
16
Nov
5%
4
5%
Dec
2% Feb
1% May
34%
Jan
Feb
*
40
Oct
:'f;
STOCK EXCHANGES
OTHER
RANGE POR WEEK
,
Friday
LanSmg Stamping
LaSalle
Wines
Mahon
McAIeer
1
com—.,
Wheel
-5,0
common
1
common.-.
common
—
.1
common—.—!
Udylite
Investment
Union
U
S
Corporation
Radiator
Warner
Screw
—
2
1
—
6%
Dec
23
VDeC
July
Dec
27%
Oct
Oct
8%
Apr
Sep
7% Peb
P- 3% May
7Vs
Nov
6
9%
Jan
Oct
,7%
Jun
10
Jan
9%
Jan
17%
Dec
2%
6
4%
Dec
,6
■
2
Mar
18%
Feb
3
May
1V4 May
700
July
7
Jun
11
2,320
Locomotive
Baldwin
Works.
Oct
2% Jan
Jan
COAviation Corp—
Bendix
Week's
Range
Last
Corp.'
Mfg
Banditti
L.
Petroleum
4%
*
11¥2
—
Berkey & Gay Furniture Co.
1
Blue Diamond Corp.
2
1
»
*
Broadway Dept Store
California
Central Investment Corp
20
_•
Certflin-teed ProH'1f,ts Corp
Aircraft
Cessna
__
Colorado Fuel & Iron
Preferred
Douglas
Aircraft
Industries
Oil Co
Co
Ltd
Sep
2% Feb
9% Feb
13
Feb
15% July
10
100
150
25¥8Ma£
19%May
12V8May
2 ¥2 Jun
33% Dec
34%'Nov
63%
460
Nat'l Bank.
Tele
Farnsworth
Fitzsimmons
Corp
Radio
&
-31%
12
U'l
Hotels
5
23% Jan
20
25
25
•
-
60
24,800
300
10
7%
250
9%
875
765
430
95
57%
58
44% 45%
al3al3%
Edison
Commonwealth
Commonwealth
&
Southern Corp
Edison
Co
Vultee
_—__l
*
Hudson Motor Car Co
Foods Inc
Hunt
Jade Oil
Lane-Wells
Corp
Company
Petroleum
Lincoln
Mascot
1.15
1.15
14%
*92%c
1%
1
Co
a7%
*
Finance Corp common
Oct
.;'
2.05 Jap
Feb
9% Feb
350
Nov
5% May
8% Nov
14% Jan
52% Jan
42% .Tun
11% Sep
-
•
,
65
Feb
*8% Mar
13% Dec
Indemnity
Company
Pacific Lightipg Qorp common
95c
1.70 Dec
May
-13%.May r//''
15% May
65c
14c
5
21% Oct
29
Jan
1.20 Dec
23c July
18
Oct
Jan
Apr
May
15% Jan
24% Nov
1.70 July
19
Jan
1.10 Dec
11
May
500
2,620
1,050
700
70c May
iys Apr
95c
Mar
95c
92%cApr
Mar
1.25 Oct
50
8'% Dec
14V8 Jan„.
48c
Jan
3% Jan
400
5% May
25c
Qot
31c Aug
9% Feb
62%c Feb
12,515
1.10 Jan
2.45
2.60
13%
12c
Jan
13% Jan
Bond
ueueral
Share
&
Electric
Foods
General
—
__
26%
•
Goodrich
(B
Northern
Ry Co
—
International Nickel
Co
of Canada—•
*
*
7
McNeil
Libby,
Libby
&
McKesson & Robbins Inc—,
Nash-Kelvinator
i..
Corp
—
American
Oil
Company..
Car
Motor
—
18
*
Aviation
Inc.
Airways
—i—
Pennsylvania
Railroad
9%
*
—
Brands
_*
*
Studebaker Corp
Texas
Tide
Company
Carbon
Carbide
Union
Pacific Railroad
<!S?
21 ¥4
—10
Corp
•
100
Co
Republic Petroleum Co common—1
Drug Inc
__2.50
Rice
Ranch
——1
Oil Co.
'Ricjifield Oil Corp common
Ryan Aeronautical Company
672
34%
30
49 Va
—
51V2
30
49 %
52
200
200
626
30
Dec
48% Oct
51
Nov
__
•*--
^—
—
13%
Jun
42
United Air
United
Lines
Aircraft
United
lo
Inc
Trading
Corp-
7
Dec
Feb
20% Dec
18y2 Nov
40% July
a,33% a35%
70
15c
15c
15c
124 127 %
10,000
39c
.
—
25c
*
49 Va
*
62
1
__
—50c
Corporation
Co
"2
*
214
;a35y8
'
Union
Oil
of California common
Corp
States Steel
Universal Cons
Oil
Co___
14%
12Va
—
25
2.6%
*
a79%
10
10
10 ¥4 May
432
33
May
35 ¥4 Dec
12
Dec
39 ¥2
Feb
42%
Jan
385
14 ¥4
Oct
56%
200
49 ¥2
65 ¥b Mar
1,415
—
10
41%
200
Jun
4¥s
190
50 ¥a
Jun
34¥2
Dec
Jun
26
76
6 ¥4
Feb
16'/8
Jan
'
Jun
3
Oct
May
8
Oct
91
38 ¥»
Dec
42
.27
301
26%
Dec
350
9% May
43% Apr
75
70
8 ¥4
36
Jan
Nov
Feb
Jun
10%
Dec
25% Jan
20
31
May
90
51% Apr "
¥a Dec
16
Sep
100
350
42 ¥4
Jan
62 ¥,
Feb
1% May
18 ¥4 Oct
15
2,105
9
325
7¥a Jun
35
4%
a8%
35
5¥s
a9
268
21% May
1,600
4%
Sep
7% Feb
165
8 ¥4
Dec
9%
18
1,025
95
17
40
a25%
a42%
783/a
21%
12
22
May
¥4 Feb
10% Feb
35
Dec
Nov
15% Dec
55
26% Feb
22%
26
Dec
Nov
37 ¥2 Apr
47%
Dec
22 ¥2
Apr
25%
Dec
250
7% May
10%
Feb
475
23% May
672
14
490
30% Feb
Mar
17% Aug
110
30%
Jun
47
38
25 ¥2
Nov
31% May
44
July
135
/
37% Mav
264
65 ¥4
1,260;
Feb
94
60% May
18 ¥4 May
93 ¥2
25%
Oct
106 ¥4
Jan
118
Dec
25% Feb
53% Sep
441
105
Feb
78%
16% May'
23%
23¥a
al2¥2
12%
Westinghouse Electric Corp
16 ¥2
Oct
■••a—/--
293
a25
a25
2¥2
2¥2
a46% a46%
25
16 ¥2
—
—
—
__
230
35c
17
17%
32,100
775
27
27%
755
23 Va
23%
27%
678
369
47%/ 49J/4
62%
11%
1,350
'1,651
1,272
15%
13 ¥2
525
1,275
al4% al4%
50
21V\
61%
11 y»
14%
13
26% Mar
10c Sep
85
Jan
33c
14
32
23c
130
July
Oct
Oct
D,ec
May
1.35 Apr
17% Dec
27
Dec
34% Jan
23
26-
Dec
Dec
29% Jun
,32% July
35
Apr
51% Mar
7% Jan
49!/4 Dec
62% July
12ya Sep
11% Jun
10% May
19% Feb
15% Jan
a—
—
'
a—
—
26%
2,156
a77% a79%
24%
205
47
47 Vz
1,005
20
May
63% May
23
May
26% Dec
79% Feb
47 ¥2
Dec
Willys-Overland
Woolworth
Co
Motors Inc
(F
W)
1
.-1U
;
16% Dec
250
50
al2¥2 al2%
22
22
45¥2
Jan
|
59
Feb
12 ¥4
206
185
4¥s
41% May
120
a29% a30%
a8% a9%
v /■;■
27% Mar
24% Oct
17 % Jan;
2 ¥2 Dec
Dec
18 ¥4
Feb
17%
Jan
26
Oct:
;
93
22% May
7 ¥4 May
30% July
13 ¥4 Feb
—
—
45¥a
250
44% May
50
Feb-
Philadelphia Slock Exchange
Friday
Week'*
•
100
American
13
Locomotive Wks v t c
Baldwin
Securities
Bankers
6.S5
Tel & Tel
Corp
Chrysler Corp new com—
Curtis Publishing Co.—^
Delaware Power fe Light—
General
Share*:
25
305
150 ¥s 151
1,328
14%
147/8
115
115
Storage
420
14% Dec
Nov
9
May
"10%
606
64 ¥»
332
9%
16%
55%
24 ¥4
July
75
10¥b
8%
Jun
95
63%
16%
High
28% July
174% Feb
May
20
82%
9
16%
.
56%
%
Fej>
66% Oct
12 ¥4
24%
Dec
47
¥4 Mar
15
May
6
16
Feb
Dec
83
Sep
860
1,551
115 /
Jan
Feb
Jan
*
10
54%
57%
58%
1,824
61% Jan
65% Feb
21 ¥2
21%
22
167
16% Nov
24% Jah/
10
Lehigh Coal & Navigation
Lehigh Valley RR
54%
57 ¥2
5
Corp.—
Brothers
pennroad Corp
LOU)
23
149%
40
82 ¥4
—•
13¥2
Battery
Motors
Range Slnee January 1
*
High
24%
2%
Budd Co
Gimbel
for Week
.*
preferred
participating
Electric
24 ¥2
150%
14%
50
.50
com
of Price*
Low
Par
American Stores
Sales,
Rang*
Last
Bale Price
10%
10 ¥B
10%
507
9% May
5%
5%
197
4 ¥2 May
50
1
—„
6¥a
5%
6¥s
157
.5% Jan
1,291
67% Oct
*
12 ;
8¥b
Feb
Jan
*
7% Fab
18%
18
18%
3,440
18
Dec
22% Jan
17%
Pennsylvania Power & Light
17 ¥2
18 ¥4
6,142
15%
Dec
27
Feb
114 ¥2
Nov
118
Sep
4
Dec
117% 117%
30
4¥8
305
4
Philadelphia Electric Co
$1 preference common
common
*
•
Dome
¥b
22%
3,263
21% Dec
27% Jan
23
Dec
Jan
29% July
35% Nov
22 ¥« July
454
35 Va
632
50
Oil
18%
19.
270
17
May'
1
Corp
2% Jap:
21
24%
33 ¥4
12
12 ¥4
110
•
42%
43%
382
40%
55
60 Va
370
50% May
*
Reading Co
Salt
22
23
—3
Scott Paper common
■-Sun Oil Co---.———.—i
Mining Stocks—
7 ¥4 May
Dec
13
Nov
49
Jan
74% Feb
•
Alaska Juneau Gold Mining Co
Black
Mammoth
Cons
Cardinal Gold Mng
Mng Co
Company—
Imperial Development Co Ltd
Zenda Gold Mining Company
For footnotes
see
page 42.
—10
10
—
—
_1
5c
—25
6c
^25
■
17% Feb
49%
19
430
al00% alOl
al59¥8al60¥8
—
,
July
a59%a60¥a
a60
—
Western Union Teleg Co class A—:—*
Philco Corp common
United
,
23%
alOl
5
Warner Bros Pictures Inc.—
25% July
17% Dec
31% May
of Calif..
Coal
18
•
960
Company;
Textron Inc
Truax-Traer
14
Jan
3J/2 May
244
.23%
27V\
Sunray Oil Corp
Transamprica
910
200
177/s
37ys
—25
—-25
preferred
preferred—
Co
18
4
Nov
21V4
—
Pacific
4
95c'
17%
37V8
17%
Standard Oil
173/4
52%c May
20%
Southern Calif Edison Cp Ltd com...25
Southern
900
27% Dec
11% Feb
Jan
6Vfe Dec
—
>
Petroleum Go of Calif
OiJ Corp.^_
4.48%
82 %c 87'/2d
9
17%
15
Sinclair
4.32%
567
826
2iy4
1
*
8ignal
27%
7 V4
27
7
1
25c
T—
—
.5
1
10
Corporation.—
(Del)
Corporation
U S Rubber Company
Jan
*
Signal Oil & Gas Co "A"—
Jan
-',,/fit*"
38Va Mar
55
Feb
62% Feb
5
;.
;
Union Oil Corp—
'terra
7
87y2C
1
Finance Co
Sears Roebuck & Co
Shell
—
r-*-*
Safe,way Stores Inc
Seaboard
3%
Dec
,
a41%
78%
21 ¥4
a42%
25
;
Water Associated Oil Co
Union
21 ¥a
12% Feb
40
a25¥2
—
1
(Ind)
Oil Co (N J)——
2% May
136
8
16%
—
25
25
Standard Oil Co
standard
«■
710 :
May
17
Inc
31% Feb
a233/8 a23%
a48 a48¥s
28 ¥8 28%
9%
9%
27¥2 27%
—
15
Standard
26% July
N6V
17%
—
Socony-Vacuum Oil Co
Southern Railway Company
Republic Steel Corp
Oct
25%
14%
8¥2
a23%
*
—
23 ¥4
7
—
33 ¥3
25
*
Pepsi-Cola Co
Phelps Dodge Corporation
Pure Oil Company
Radio Corp of America
Sep
40/
220
400
a.8¥2
17%
50
Co__—
12 ¥4
A%
a55% a55%
34 ¥2 34 ¥2
a4¥i a4Ms
'
4%«
•
10
Oct
8¥2
——
Dec
Feb
Sep
May
Apr
14 ¥2
*
...
Co
Pan American
Feb
45
63
160
a33% a33%
a53% a557/«
¥2
¥2
18
18
—
a53%
1
New York Central RR
North
15 ¥4
54
25
27
—
5
9% May
34% Mar
95
12 12¥2
a47¥aa47%
a9¥8 a9%
19 19 ¥«
—
18
Oct
17 ¥2
—
Montgomery Ward & Co. ,Inc
•
Mountain City Copper Co——5c
Sep
54
194
2%
56¥4
a47¥8
*
Loew's Inc
43%
May
—
Kennecott Copper Corp
Int'l Tel & Tel Corp
Oct
40 ¥4 May
,46 ¥4 Mar
Feb
Dec,
11
...
*
23%
101
85
—
1
pfd,
Jun
5%
6¥a
a40 a40%
—
*
Co
May
135
34% 34%
a34%a35¥a
12 ¥» 12%
—
•
•
Graham-Paige Motors Corp
Great
—
Co
78
15
39%
all¥s all ¥s
—
—
5
Co
■>
—
.5
Feb
Dec
40
a21a21¥4
a}3 % af3 ¥2
,
_1
Corp.—
F)
2 ¥2
—
■'
24
39
Dec
.80
26%
2%
a21¥8
Dec
Mar
30
50
11% 11%
a46¥s a46%
a57%
,a59
11% 11%
a22% a22%
—.
—
14%
22
104
a23¥a a23¥a
a41%a41%
a53% a53%
a46¥8
STOCKS—
Rexall
50
J
Y)
(N
Utilitie5»iCorp
General Public
21% Sep
34%
__
17V2
*
170
230 "
Jan
7¥# Feb
15% Feb
17%
100
390
12% Aug
17V2
34%
—
-•»
39
15% Oct
2.60 Dec
40c
___25
—10
1st preferred—...
5% 'h
Pacific
386
2.60
25
common
a7%
1,200'
3,900
450
—
10
Elec
&
Gas
a7%
'
285
15c
7%
43c
—
1
—
85c92%c
1%
1%
81Vzc8TV2C
1.15
1.20
,
15c
7%
40c
1
1
1
Products
Clay
87y2C
1.20
■
—
Oceanic Oil Co
Pacific
22%
14%
Inc
Petroleum Corp
Occidental
22%
15%
—
Inc
Ltd
Aircraft
Northrop
*
23c
15%
1.15
1
Petrolepm Co
National City Lines
Nordon Corporation
Pacific
—
3,300
4,000
3,390
.
15
/
,1.20
23c
1.10
..
10c
Mt Diablo Oil Mng & Dev
Pacific
._
Manufacturing
Merchants
.
50
1,500
—:—.—1
Corp
Company.—,
——J
Co
'
1
■' ■—1
Oil
Menasco
;1
—
8,750
1.70
a21% a21%
17
18
-
17
,:i 1.15
Co
Lockheed Aircraft
—
—10
^lOc
1
Corp
Company
Kaiser-Frazer
'
6,66%
common
Petroleum
Intercoast
1.55
1.65
14%
39
•
Aircraft
Packard
49c
4% May
14%
_
300
42
a29% a2&%
a 103%
al05
Company—25
—
Holly Development Co
•
Mar
31 %
100
„
—*
Columbia Gas & Electric Corp..——*
Commercial Solvents Corp.—
•
'
97
5
—
Co——„
Tractor
Nov
May
May
5
*
Co—
(J I)
Jan
58
71% May
95
—
Caterptllar
173
10
95
14%
Case
Dec
120
5
Canadian Pacific Railway Co
Nov
14%
__
a29%
Oct
Feb
70
52% Mar /
027
34%
¥4
Apr
150
326
—
Ohio
•
•••; •
..
__
66% Oct \
11% May
.
'
57%
10
Corp
.■%
485
7
Goodyear Tire <fe Rubber Co common..?
Hilton
.
1,118
32¥4
12 ¥4
9
*
56% Sep
17% Oct
Feb
35
Nov
36r
300
—
.
.20% Jan
4% Jan
12% May
17% May
21% May
250
,
•
17%
a49% a49%
9%
TX
f
General Motors Corp common
16
1
72
-a22% a22%
? 53%c 87 %c
'—
1
Stores class A_*
a
->■»
__
1
;
ai7¥i
75c
l
13%
--15;%
i
.1
class A
12% Nov
Jan
6Ms May
6% Jan
U
Apr
—
,
;—50c
;
Merchants
&
•
Inc.——
Inc
5
50
Steel
Dresser
3% Jan
100
14,115
470
—.
.
5y8 Jan
/ 6% Apr
7%
12%
63%
._.
—
650
High
/
alVa
—
Corp—
—31%
Amfsrica, Inc—;—4—1
—
Consolidated
Farmers
—
Corp common..*
20
—
Creameries of
Exeter
1
—2.50
Company
Chrysler Corp
32
1
.
11%
Low
% Dec
a33% a33%
32
32
16% 16%
a3% a3%
—
corp
100
1,600
7¥b
10
13%
•
Packing Corp common.—_6
Oil
V2
4%
34¥1
14%
;
—
12
16%
51 ¥2
20
34 ¥4
9
11% May
1,097
5
Electric
al'/s
—
12¥2
13¥a
Chica
Bolsa
*
High
¥2
4%
11 %
„
...—1
Company
Oil Co
Basin
50c
150%150%
Boeing Airplane Company....__——.5
"Borden Company (The) -u15
Corp.—.
Curtiss-Wright Corp common.—
Range Since January 1
Share*
Low
Par
Aireon
1
High
VA Dec
2401
^/ a58%a58¥a
5
Crown Zellerbach
Sales
for Week
of Prices
Sale Price
870
7%
150¥3
—5
Bethlehem Steel Corp
7%
.
■
• 15
15
a57¥« a57ya
'
—
>
Continental Motors Corp.———-1
Continental Oil Co (Del)
5
Angeto Stock Exchange
STOCKS—
Low
v—
•
,
13
Barnsdali Oil
Consolidated
Frjday
Range Sine* January
jHigh
Oct
7% July
15
Jan
7%
-
American Viscose Corp>.LjiL.wW..,~I.il4
Anaconda Copper Mining Co
50
Armour & Co (111)5
Atchison Topeka & Santa Fe Ry„100
Avco
Mig Corp
—3
Consolidated
Los
Bhare*
Low
1
Co-^.^-——*1Q0
:
Borg-Warner Corp
Apr
ll'A
1,150
*
Jun
4%
100
16 V*
2
2 ¥4
4%
16%
2%
100
1,800
200
'
16
1%
2 ¥4
16
-1
Products
3%
6%
12%
3%
6¥b
12%
Dec
18 ¥2
1,900
6%
—
—1
common——
Aircraft common
Wayne
'
Oct
May
20
1,350
1,175
,
1%
:—...—-—1
American Radiator & Stand San Corp.*
Amer Smelting & Refining Co»-»w-?
American Tel & Tel
G¥a Aug
Dec
May
2
4,134
2,380
.l7Va
Jan
10
320
1,700
-
.
/ 15%
—
—*
common.
5¥2
4%
75c
150
8% •
8%/8%
,
__
1
1
—
5Va
5%
9
//—./<
Die common—-—1
&
4%
__
jScotten-Dillpn
Superior Tool
16%
2%
*' 8%
••J/8% /'
common———'—5
Tivoli Brewing common
16%
.2 ¥2
4%
Packard Motor Car
—
,Peninsuiar Metal Products.
20%
,16%
for Week
StocksAirlines
American
Nov
2%
Sep
200
20%
__
34%
Dec
1
5,410
700
100
2%
5
_
„
Manufacturing
?4i/2
—
Murray. Corp common—•
National Stamping'«i;
—
2
River Raisin Paper
2
2
0
34
100
Feb
HV>
2% Maf
100
Unlisted
3% July
Oct
200
1%
3V2
24¥2
1%
Ranzt
*f Price*
'
2
5¥b
5¥a
Par
Hiah
LOW
3
200
34
1%
1
common
Products
JSheller
2%
34
2
'
Last
Sal* Pile*'
STOCKS—
Range Slnee January l
•/Shares/;
3%
2%
3%
-
—
__
.
Bales'"/
;>
1
Hiah
5¥s
Oil
Mid-West Abrasive
Motor
Low
3%
—-3
_
McClanahan
Motor
>1
■
,—,
.
Products
Screw
Par
comjnon
class A pfd_—
(R C)
Masco
;.;iV
..
>
*
for Week
of Prices
Sale Price
STOCKS—
./,,,,/
/
■
ENDING DECEMBER 80
/Week's
:'Z'M Range
Last
■;
& FINANCIAL CHRONICLE
COMMERCIAL
THE
Number 4)359
166
4
4¥20
5c
4%
4%c
500
10,000
1 nnn
.3% Dec
4c July
A~ *T—
6¥a Feb
8c Mar
",n~
T--
Tonopah Mining
1
—
Transit Investmt Corp 6 %
United
Corp
United
Gas Improvement
part pfd—25
common.™
Westmoreland G09I
——-
1
13%
-20
1% Jan
1
1
500
1
4
4 ¥4
665
3% Noy
5
Apr
2 ¥4
2 ¥2
2,620
2 ¥4
4
¥4 Feb
20%
21%
38 Va
694
37
133
Dec
Dec
90
Spp
24 VA
Jan
26 ¥4
Jun
38 ¥s
Dec
Monday* December 29, 1947
OTHER
RANGE
STOCK
FOR
WEEK
EXCHANGES
ENDING
DECEMBER
2f>
Friday
Pittsburgh Stock Exchange
,V
STOCKS— >■
v
Sale Price
of Prices
•
: ■
Low : High
Gas
Columbia
Oil
Devonian
Pitt
Fort
'
—10
—
Mackintosh-Hemphill
Mountain
Fuel
National
5
;
Supply...—,
Corp
.
"
*
'~:p;
Toy
Ban
..
'*
*
'*
'
12%
Oct
Magnavox Co
490
24
02
Dec
Apr
42
17 Va
Jan
21%
7
July
14%
5% Aug
12% Nov
814
5 Va
;
500
4
16%
Frank
&
Jtieuasco
National
Auto
Natomas
Feb
50
Jun
67
Inc
Co
—10
Apr
42%
Feb
:.:-i '.X
13c
15c
% May
10%
North
13
Jan
13%
common..
—
Jan
Cons
Oil
%
.
I
Friday
Last.
_
'"X:%.• i..,.;■.. „•iBTOCKS^- •'■:■■■■■
Par
v.:-
39
Oct
;;^5'8;v
22% May.
30%
Dec
'
6%
1st
5V2'5f
:
5'/c
g, Bank Bldg & Eqpt common—,———3
jv
7%
.__10
Century Electric Co common
Elec
Emerson
preferred——
"
preferred—dX—
Electric
ueuerai
1st
preferred
:—•"
General Motors common (Unj
—10
Low
157
High
V
International
—5
common..
Shoe common
29% Mar
9
225
Dec
18
_.
36
9
8
111
227
7%
32
Jan
25
...
44%
44",
25
a,
common—
1
10
10
10 %
200
Laclede-Christy
common—
5
Laclede
Gas
Laclede
Steel
Nov
39%
Feb
36%
Dec
Jan
45
Co
37%
T"
9
•«
12
Feb
-16
30
5
12
Jun
17 %
July
4
760
4%
7
Feb
20
30
30
?5
20%
Oct
31
22
22
25
20%
Oct
30%
Nov
17%
Feb
4%
(Un)
com
*
4%
; \ Sears Roebuck
'f% Securities Investment
Preferred
Jun
50
Dec
18 %
270
18
Dec
22 V8
-Feb
16%
20
16%
Dec
33%
Jan
6%
Dec
10%
Jan
37%
Dec
6%
37%
37%
132
37%
60
100
100
5
100
32
15
32
37%
Dec
32
„
Sep
100
—
14
6%
__
—
100
18
13
15%
16%
25
common
—.
15%
__
—25
—
St Louis Public Service class A
Sterling Aluminum
Wagner
common
1
18
18
25
Fuller common
5
14
14
300
55
56%
253
Electric
Equip &
preferred
-6%
Roos
15
common J.
f>6
Week'f
Friday
102
Dec
May
34% Mar
.13%
Jun
29%
Range
Mfg Corp"..
Shares
Jan
56%
Nov
S
&
Mng
Co
Bank
N
Foods
Shell
Union
Soundview
Co
Oil
Corp
4%
f:
4.48%
4%
Tide
Water
•
rransamerlca
of
Union
Co
Oil
High
Union
Sugar
Air
■
450-
Dec
'
47
163
31%
2,570
33%
122
43
1
■
i
Dec
;'/:27%iJ ah'^
93
■18% May
1,820
600
320
30 %
20%
365
■
Jan
31%
15% May
;
Feb
1 25%
Feb
18V2
Dec
47
Dec
^
Nov
33
.33% Dec
;
.19% Apr
»'."14% May
23
lf'%
31%
9c
Jan
.
j,
:
21% July
10c
103,740
37%
452
30% May
33%
385
25% May
32
33
1,310
27 Va Aug
35
Oct
23%
27
23%
100
23
Dec
29
J-n
27
171
26
Dec
32% July
47%
50
1,415
35
Apr
50
Dec t
20%
20%
ro
17%
Jun
24%
Oct
62
62%
1,979
51% Mar
23%
23 %
226
*18% May
25%
Oct
Jan
20c
May
Jan
40% duiy
33% iuly
,
;
4% May
105
6%
20 % Aug
3%
33
33%
192
150
3%
774
Jun
260
—•
62%
-10
Oil
—
2
13Va
-
5
Alleghany
24%
189
Oct
27
Dec
Apr
50% May
34
63
Dec
Feb
•
620
56% Sep
66
Oct
41c
100
41c
Dec
56c
22
386
20%
Apr
57c
Jan
21%
30
Jan
50
13
Jun
17%
Oct,
a24
36
25%
Sep
23% July
26%
316
25%
Nov
32%
43%
43%
325
34%
Apr
44
Oct
13%
13%
135
11%
Nov
17%
Feb
15% al5%
11%
12
975
33%
34%
1,742
99
33%
99 %
119
'
99
5
13%
Jan
11% May
25%- Apr
99
23%
34%
-Dec
0
300
18% Aug
23%
Apr
923
15 %
Dec
28%
Apr :
78
474
62
May
78%
Oct
a45% a45%
50
Jan
46
Dec
8
Aug
282% May
22% Dec
330
Oil
10
Anaconda
Machinery
Foster & Kleiser
Motors
Stores
Car
May
lit.
Aug
Corp
(R Gj
Atlas
For footnotes see page 42.
230
Jan
Dec
23%
Jan
25
Dec
600
3
May
23%
5%
Oct
3%
2%
1,200
2
Dec
6%
Feb
27
'2f7
26
26% May
a8%
a8%
25
7% Dec
25
25
__
San———•
—
Refining
*
—
100
__
a44%
50
5
1
al4% al4%
Feb
35
Feb
16%
Feb.
17
11% May
53%~May
71
Feb
a56% a56%
40
150% 150%
1,560
150
a5$% a55%
2
a—
a42% a44%
140
28% May
60%
31% May
41%
Feb
4%
Dec
96%
Jan
—
•
com
Topeka & Santa
Baldwin
Dec
174%
a..
Nov
Feb
—
Oct
34%
34%
341
4
4%
762
95
95
220
69
May
a22% a22%
123
23
Oct
25% July
Dec
24%
—
__
100
&
Ohio
13
2.80
a29%
common
0
al03%
Inc
'—1
capital
Airplane
Co Cap
5
15
com
Pacific Railway
Ohio
&
Columbia Gas
115
28
122
84 %
al03% al04%
Jun
3%
—
—
10
a38%
2,4 -7
4
3%
38%
May
Apr
Feb
13% Feb
7% May
101
5%
Apr
Feb
Nov
Feb
23 %
23%
220
14% Aug'
23%
Dec
41 '/a
—
25
Electric
&
Commonwealth
42%
190
40%
42%
Dec
if
Jun
■
all %'all %
75
a42% a43%
a38% a38%
410
36
9
11%
11%
11%
100
•
2%
2%
•
common
Southern—.
&
Edison
Co
Feb
of
N
Y
Motors^ Corp
Continental
21
14%
Feb
40%
Dec
54%
Jan
26
Jan
39%
Oct
10%
Apr
9 % Mav
12%
Oct
3%
Jan
29%
Feb
May
12%
Feb
Apr
54%
Dec
Dec
36%
Feb
4% May
6 Va
Feb
28%
Dec
6%
Feb
2"/a May
2%
1,200
21* 21 %
8%': 8%
525
21
Nov
290
'f 7
54%
54%
50
38%
a25%
a25
72
23
4%
4%
325
28%
'—1'.
(Dell
Jan
Crucible
3%
Oct,
9%
26'%
520
21% May
976
va
Pt
1^0
71% May
6%
200
5%
58",s
8xii
52%
19%
Mar
Jan
375
1o
24%
Dec
16%
Dec
70
Dec
200
5,677
535
all% all%
50
Steel
Co
Mav
9% July
•
92%
8
Jan
Dumbarton
of
Amer
9
1
Co
]
18f'2
515
18
Bridge.
Eastman
Kodak Co
Electric Bond & Share Co...
28%
Fph
General Electric Co
35
Feb
General
Jan
Goodrich
Food
Corp
(B
F)
common
11%
Nov
Dec
20
Apr
25%
Feb
May
1.65
Dec
Goodyear Tire
& Rubber common
*
Hobbs
Battery Co A
_*
58
545
39%
675
14
May
21%
Oct
International
,100
10
Feb
13
Nov
International
fn"
r»oC
1
Feb
Johns-Manville Corp
Apr
58
Dec
Class
Idaho
'
21%
13
'
-15
19-2
15%
if
72
6,375
:
lull
5% May
17
35 V*
165
60
34%
Dec
r
Jan
39% Feb
39% Aug
50% Aug
60
a42% a45%
252
417/a
60%
a38% a40%
Sep
18%
Oct
27%
Jan
a42%
0
B„_.......
510
13
32% May
16
148
36
32%
320
19 % May
32%
Dec
5%
1,440
1.50 July
5%
Dec
2.30
2.45
1,800
2.15
Dec
3%
Feb
26%
•
Ry non-cum pfd
2,500
21
1,130
a55% a56%
35%
*
Northern
19
56 V
58
34%
47% July
Sep
26%
640
26%
Dec
36 %
Jan
12%
12%
423
9% May
; 17%
Feb
41%
41%
218
41
47%
18"%
48%
710
43%
Jun
49%
Feb
256
18%
Dec
25%
Feb
Dec
Dec
Feb:
Feb
-
1.65
17%
10% May
103% Mar
19
95c
43%
100
34%
—
*
Co
155
5
•
35%
4% July
602
11%
34%
5
a45
11%
5
-
Feb
5
a44%
10
Jan
65%
1.50
■
__
•
Great
18
1.65
—
Feb
7%
73
13
—*
5
Curtiss-Wright Corp
17%
15%
956
a31
—
25
RR
Co eomtnoL
49%
24%
y. v.* ■
12%
•.
2.30 Aug
5
May
19%
•
110
12%
3%
common
14%
al4% al4%
a23%
12%
5
RR
32% May
70
—
al4%
100
Steel
Co
&
Boeing
__
Corp
Aviation
Bethlehem
__
5
Locomotive
Baltimore
Bcndix
Blair
Fe
Corp
200
57
»
1
16%
Jan
Jan
3%
—
0
Mining
1,891
7
all%
.
—
20
r.
Co
38
16%
—
...
Co
3V4
70
4
Inc.'..
3J0
11%
34'/a
2%
25
3%
Corp common.——14
3%
16%
1
common
17
bJ
41% July
*
pesos
iU
1
125
*
6
19%
.
2
9
298
22%
,
17
19
Std
&
Copper
Consolidated
°1.
__
Co
525
24%
Jan
38
6%
•
Co Ltd
Mining Co
Tourneau
Mar
13%
30
57%
ft
_
8%
296%
22%
17
*."1
—
33%
Hutchinson Sugar Plantation
Kaiser-Frazer
Jan
80
24%
_
—
—•
Ar Tel Co
Domlnguez Oil
100
_
Corp
Motor
32
Dec
7
»
Pineapple
Dec
58%
875
_
Development.
Oil
1
_
Inc
32
13%
54
8%
37
•
...
8%
22%'
1
50c
Light
Continental Oil Co
10
common
preferred
Greyhound Corp
Dec
810
U
.2%
_
__
common
preferred..
Golden State Co Ltd
1,280
14
10
Corp
com.
Corp common
C3rp
Paint
.
Stores
—
Mining
Argonaut
Canadian
a38% a39%
—
•
Radio
—
1
.100
—
common
Viscoe
Chesapeake
59
O
—
&
Dec
20%
American Woolen
Oct
14%
8%
15
Corp
Television
27
Apr
16%
Smelting
Tel
Jan
103
58%
—
common...
20
78
._
Jan
13%
<1
_
1,585
1.65 Aug
a23%
11%
5
_
Oct
27
Jun
a
_
_
18
15%
Radiator &
American
6% Mar
64%
5
_
15%
14% Jun
20%
Factors
American
62%
--
1
com
_
10 % May
—
Corp
American
4,835
__
_
8,163
4,225
15%
Consolidated
American
26%
_
13%
17%
23%
26%
12 %
American & Foreign Power
Dec
1.42
21%
%
__
13
*
Department
Apr
1.35
*
common
62% July
17%
—
25
Fargo Bank & U T—,
Oct,
7%
41c
-2%
Corp common..
—
10
American
125
a57!'8 aSSVa
_
common.
1
Mary
Kennecott
Loew'8
Inc
Mines
Corp
Nickel
Tel
Co
&
Copper Corp
——
-
5%
1
Canada
Tel
__
2.30
•
Co———*
12Va
.i—
_L._
_i'_*
...lil—J*'
—
'
47%
__
30
4%;
19
/
May
Sep
44
44%
:
.
33%
—
;
*
Dec
•
iMar"
63% July '
-
'
NoV't';
18
% Feb
7
♦.
79
■'
Dec
54
;.V 1
$'f
J»h
Corp
American Power &
4% Jun
43%
Emporium Capwell Co
Le
May
14%
.
.'..Oct
57
..
common
Jan
62%
—
IXL
65
60
Feb
Sc
—
1
common...
Lines
Corp
Jan
1.35
3 V3
Doernbecher Mfg Co
Dow Chemical Co common
Hudson
j
.581
v:', «/;•
>
129
r
36%
32
•
Calif-
of
12
10
10c
_
Syctem A._
Amer Inc
preferred
Honolulu
26%
l
Co—
Corp
36
2,730
?f>3/s
a57Vs
1
preferred
Hawaiian
,
V
18%
—
5
Associated
Apr
235
3%
<■
___
Giorgio Fruit Corp class A
Holly
185
^
15% July X
28 Vv Feb -;
■
'
y
30%
25
6 Va May
a26% a27Va
a27Va
Corp
Zellerbach
Bros
■
' ^89%>Dec»:
33%
—
15
Pacific Co
Cities Service
Hale
24% Oct
s.
'
'v:
"62%' Feb'f^
.
;
103f'
25
9c
—*
Sperry Corp
Standard Oil Co of Cal
Borden
2nd
"
23"
-
"-35%;; Apr
12% Feb
150
18%
preference
conv
Southern
28%
7%
0
Chem Ind "A"
Conv
•
63
>
"-
.41% M ir j
•
Doc
;
;
42% M'T
Feb
7%
Ediaon
Cons Vultee Air
47c
<
42% Jan
•>;, " f •>
47
_.
•v
••"50%:'-i)ec^-
200
10 pesos
Air Reduction Co
Low
235
_
Broadcast
General
33.% Dec
28
267
,
303i
47
25
6%
1,321
common.
__
Chemical Co
General
•t
43
—10
Inc.—
Edison
Dec
2,005
2,50
Commonwealth
Food
Dec
7V8
17%
preferred
3%
7%
common
Mining Co
Colorado Fuel & Iron common
Farnsworth
*
7
22%
Calif
Atchison
Eureka
•'
Dec
43
23
cum
4.32rIr
700
4
29%
Chrysler Corp
B
Feb;
Jan-'
12% Jan
9% 'B'efr
u
Nov
33 %
.>
323
•
',
.
5%
rt..
15
18%
31'/2
common.
Jan
7
common...
Clayton Silver Mines
$3
72%
•
Pulp Co
5
29%
7%
Packing
Eureka
Class
'
60c
13
■
'
7% Dec
300;
49
—I
Mining.
Dec
7
<>
California
Di
< Dec
40
Oct.
Mkr
34%
-
14%
—
1
25
Roebuck & Co capital
Scars,
%
29 Vi
A^iCwL-i"—,
Caterpillar Tractor Co
$4.20
>
713a
-
,.—100
;
50
20
1
Cement
Crnwn
.
10
Unlisted Securities—
Range Since January I
■
a45c
3%
._
Calaveras
High
.2.50
Byron JacgSOn Co
Creameries
25c
X
493
,
93%
49
_._1
Fine
W
Western
'
Petroleum
Co
a45c
-
Anglo Calif National
AUas Imp Diesel Engine
California
Lino
-50c
.i—_<
Alaska Juneau Gold
Ccns
Feb
for Week
of Prices
Par
Columbia
Jun
■
Feb
18
13% May
38
May
Sales
Last
Bale Price
STOCKS—
Clorox
'1-!:;
v
common.;
Bros
Wells
Central
;
28
-
61%
Victor Equipment Co
Oil
Feb
13%
v-14
24 ;• May
'
787
14'%
a24% a24Vi
—6
West Indies Sugar common
Bishop
Dec
9% Nov
4,275 :;;
1,578 ;
14%
^
com
Manufacfunng Co
OB Corp common
Universal
Bank of
14^-
;
Co
Preferred
Rheem
United
Bandini
30
,
J:--..'.
51% 51%
:1;1
•
P100
Realty
Rayonier Incorp
U S Steel
Alreon
33%
_ilO
—
Transcontinental Si Western Air
&
11
Nov
25
common
American
Stix-Baer
.
200
8
:**,*!*■.%$?.
common——..——.U"
s
Railway
Southern
i
'
Nov
14
;
Dec
May
May
common...
Midwest Piping & Supply common
Missouri Portland Cement.
North
33%
^—4- •'/
Philippine Long Dist Tel
Feo
65%
common—
Landis Machine
;
35%
';* *■:Jr;fV• v.;«*.♦•*».•/'
San Mauricio
16
3%'Jan
17
t
•'
Knapp-Monarch
...
84%
33Va
0
Feb
115
May
51% Jan
225
,33
6
30V*
8
•
common
Richfield
Huttig S & D
6
'
....
common
Service
Phillips Petroleum* Co—
15
Dec
35%
670
12
-
28
Public
Puget Sound Pulp & Timber.^
Jan
57% <58
liy3
28
Lighting Corp
Dec
Oct
7%
25 %
114
11%
'
25
Nov
6%
25
200
34%
27% fcct.
Nov
9% May
3,140;'
410
Raiffe Since Jaaaary l
••••-•
7%
57%
-
Share*-;
■
13%
35%
.
1.10
12% Apr:
.
Sep
\"y.:'p^T"y«v:'x
23% May
160
135
" 43o'45c
—
^25
Pacitic Western Oil Corp
33
114
40
«»!.,'
.
9
—
-100
(Un»
common
7%
39
•
•
23
—
1st preferred
.
13%
__
—5
common
High
11'%'
#ac TefR Tel cowmon-^-^^—95%
36
13%
Clinton Industries common————...1
&' Columbia Brewing
Low
17% Feb
40% Maf
50
11
5
1st preferred
Exchange
6f Prices.
v
'
10
39%
J.—l,'
Pacific Coast Aggregates
—.5
Pacific (ins & Elec Co common———25
Sep
27% May
9.000
Parafiine
Sale Price
'
11%
10
ciass:r"B,^*._^^<i
Filter?
Pacific Can Co—
29C
" 148"
ffaMwyxKale#'.'1'
;
11%
•'
10
i—:
Pctroluem-
Utd
Pacific
-
.16
alO% alO%
*
100
Pacific
»
Dec
38
Feb
10c
American
Oliver
,
,
11%
£9% Bep
2,320
360
•
Feb
Aug
'
50
1.23
15
common———1
Invest
a*267/«
__
Feb
4%
' ' May
33
100
1.15
1.15
Company
Occidental
Nov
100
13
7
■i'igfsg..
.
350
32%
a26%
a26%
....^.11
Fibres
American
North
Jan
32V2
75
-9%
Westlnghouse" Air Brakeu_»»^-L*; v 36%"" 36% v37%"
Westinghouse Electric Corp.—
12.50'
30%
29% 30%
St. Louis Stock
12
32%
—
Allg C6 coiumonu^—
Morrison Knudsen——
Jan
10%
Dec
11%
5
Apr
20
3
105
a36% a36%
—
10%
10% May
'
iaM',,;
...
•'
125
50
39% yyyr3oy
9°/8
13
n
Meier
Nov
475
*
1
'
-
8 % May
242
230
1
High
tovty p
190
.,•/
>U
Jan
19%
6%
—
—
3%
Dec
10%
27 Va
JUn
67
7% Aug
_
Calculating Machine
4-
Range Since January
.'
9%
14%
'3
•
•
Macy & Co (R Ht common—
128'
" 39%
—"
1
Feb
Marchant
62
50
.
13
v
20
May
May
9%
3'%
..
8h»re«v\
HiffH
14%
—
—10
''
'
...
Corp——__—_—1
Feb
9%
,
Aircraft
Lyons-Magnus "B'*_*>\-yy:yy^^y:y'iiy- -y,::y': *•'
48%
Dec
25%
5
—"
Mining
10
14%
__
Brewing $3.50 pfd
*
—"
Pittsburgh' 'Plate Glass.;.—
..10.
Pittsburgh Screw # Bolt- Corp—__
& Bros
.-'.V'/; v J/.'"if.V-
75
6%
—
Pittsburgh
j( Rcymcr
12%
27%
2C%v20%
-
10
5
Fireproofing
13 %
Lockheed
8%
247a
-10'
Lone Star Gas——*.——
87
l
High
•/
24%
y
--
_—•
Refractories..
15 %
GO '/a
62
-1
Brewing
Walker
Harbison
32%
200
15%
—
*
Electric—
&
Low
31%
—
—•'
Co
Blaw-Knox
Range Since January
12Va
*
Ludlum Steel '——
Alleghany
>.
Share#
:
t
to#
—7
Libby McNeill & Llbby
'
fer Week
-;
ef Prices
Par, ' '
for Week
y^.yyPar
Range —
SalePrtes
Sales
Week's
Friday
Sale# >
Week's
Last
STOCKS—
July
Oct
.
—:
—
.—ri—
,
,
STOCKS
tow
Phelps
Dodge
Pullman
48'/a
Corp
.urn
48%
a51% a52%
Inc
28%
Pure Oil Co common
29%
21% May
KM.O Corp .f
Radio-Keith-Orpheum
_,
_
iv'Z
Republic Steel Corp common
■
Riverside
Silver
Cement
class
Co
A
King Coalition—j
Sinclair
Oil
;
Corp
Socony-Vacuum Oil
80 Cal Ed Ltd
Standard
........
common
Brands
Inc
...
a25 % a26%
.—
78
78%
21%
21%
Swift & Co
35%
35%
Texas Company common
59 %
60
1
Corp common—
Oil
Standard
sturtebaker
Texas Gulf
Co
N J
of
a56% a565/«
Sulphur Co
United
Aircraft
United
Corp
of
.5
Corp—.i
Delaware
a23%
a23% a25 %
2 Va
Warner Bros Pictures—.^—.
8%
Petroleum
Westates
8%
a21%
a22
a
45c
common.
2%
13 al3%
48c
Preferred
"
2%
2%
Pennsylvania RR Co.
Western
Pepsi Cola Co
Union
class A.
Telegraph
Westinghouse Electric Corp com—
50
Willys-Overland
.33 Vac
Woolworth
CANADIAN
RANGE
Montreal Stock
FOR
Motors
(F W)
common
LISTED MARKETS
WEEK
ENDING
DECEMBER
26
Friday
Exchange
v
Sale Price
V
Week's
Last
STOCKS
Range
Sale Price
of Prices
Low
Abitibi
Power
$1.50
&
Paper com
17%
preferred
Algoma
Steel
20%
common
53
Co
Amalgamated
for Week
*
20%
20%
"910
53
-
Can
4%
920
Electric
22%
21%
24%
Jan
59
Nov
227
Corp
Paper
International
International
utilities
Jun
12%
Dec
Jamaica
Dec
Dec
24%
Dec
Bell
6% May
9%
98
:
British
30%
Feb
Light &
7%
7,831
12%
14%
1,150
13Va
Jan
6%
Dec
6%
6%
30%
32%
12 %
12%
12%
32%
32%
33 %
4
200
240
,
Jan
30% Dec
A
.
15% July
15% Apr
8% Jun
40% Oct
75
2,927
11%
Dec
.
26
32
Sep
37% Feb
Jan
.
Corp
Ltd
Service
(John)
Woods
common.
preferred
^
Lang & Sons Ltd
(John A).
Secord
Lewis
Power
Forest
the
Lake of
Laura
Trac
Public
Labatt Limited
Jan
Pap class A
Columbia
15 Va
14
Feb
Feb
2.00
Telephone
Brazilian
Canada
Power
50c
&
High
Low
14%
14V8
Petroleum
Feb
82
Asbestos Corp
Range Sine* January 1
High
common
Co Ltd.
International
Dec
Warrants
Pow
of
27%
Corp Ltd common
4%% preferred
—
•
Nickel
Shares
Feb
Mar
•
International
common
Dec
192
75
—
Sales
for Week
15 Va
•
Bronze
24%
35
24%
A—
International
Feb
22
class
Corp
Accep
International
pfd
Argus
Bathurst
Industrial
High
14% May
17% May
1,013
217 217%
of
Range Since January 1
Low
17%
52
Shares
High
17
—*
Imperial Tobacco of Canada common_5
6 '7c preferred
3
—£l
10
Aluminium Ltd
Aluminum
Imperial Oil Ltd
Sales
*
of Prices
Low
Par
Friday
Week's
Range
Last
STOCKS—
Canadian Fnnda
—.
Ltd
Bros
Products.
MacMillan Export class A_
Bruek
Mills
Silk
Class B
Building Products _;
Gold Dredging
Canada
Cement
$1.30
common
Mitchell
class
Power
Steamship
A.
__
National
$1.75
Breweries
National
Celanese
series
Steel
'
Ogihrte
1__
'B'_____
Flour
Mills
Alcohol
class
Ottawa
Electric
Ottawa
Ind
Corp
;
series
6
common.
Car
Noranda Mines Ltd
common
Canadian Converters class
Canadian
Works.
Telegraphh—
Tramways
Montreal
A
Canadian
preferred..
Locomotive
Montreal
^
Canadian Car & Foundry common.
C!»s«
com.
Ltd
Cottons
Montreal
U—.
Breweries
Breweries
Montreal
Corp.:
common
preferred
Canadian
$1
new
(Robert)
Molson
Forgings
Northern
Class
J
Oil
preferred
Canada
Canada
;___
McColl-Frontenae
Canada
& 5%
;
—
Massey-Harris
Bulolo
L
s'
A.
H
&
27
29
com.
25
26
26
Dec
common¬
15 %
16 %
18
May
27
common
Rwys
Power
new
102% 102%
preferred
•
Canadian
Page-Hersey Tubes
Placer Development
Locomotive
Powell River Co__.
Canadian Pacific Railway-.
Plow
Cocksliutt
Consolidated
Mining
Glass
Consumers
Power Corp of Canada
I
**nce Bros A Co Ltd common
& Smelting.
-
Provincial
f
•
Class
Quebec
"B"
;
common.—1
St
Lawrence
Class
Domicn
Glass '7%
:
Dominion
8t
pfd—-—
&
Chemical
Corp
——
.•
f
v.
Gatineau
/
v
5%
Power
17%
125
18%
•_:
^
176
25 %
18%
55
17
Apr
108% 108%
com--——
17%
25
Canada—;
10
108%
Dec
'General Bakeries Ltd—
General Steel Wares
•
:
'
5'
preferred
Hamilton Bridge
16%
104
v'ff'"—'?
%
—
16%
16%
Renfrew 7%
Howard
■
$2
Hudson
104%
105
15%
preferred
Mining & Smelting.
For footnotes see page 42.
14%
20 V4
Feb
Jan
July
111% May
5%
_
•
-^—*"
Canada
100
•
Power-—
.
5%
preferred—
_•
IOO
.
Sep
18%
Nov
108 %
Feb
May
16%
Jan
9%
Feb
.104%
13
1
91
100
890
.
-
Nov
24
70a,
135
July
100
-100
of Canada
Tooke Brothers
United
Steel
Wabasso
Jan
]
Corp
Walker
Gooderham
(George)
Nov
£VzVc
•
&
i_„
Worts
common...
preferred
Wilsils Ltd—
Commerce
32
Oct
Montreal
Dec
53%
Feb
■Nfovn
40 %
Apr
46
Dec
Royal
Scotia.
—_
— -—_—
.
Electric
Bank*—
47%
*
———;
Cotton.———
Winnipeg
•
common
Jun
6% May
25
15%
—
Smith Paper common...
Bay
19%
26
4 y
preferred
•
50
preferred—100
Co
Weston
3 % May
135
.
( Holt
16% Aug
23:' July
.
100
common
Gypsum Lime & Alabastine
£ y.v"" ',-V"
5'
preferred—
Steel Co
Canada ;Corp_+—■_
preferred
common
Sens
Press
■
of
100
100
Standard Chemical, common —•
S^fEngiish Heetric class
Co
pfd
—————i—•
&
Southern
£
Heating Products—1_—.
Players
(H)
Southam
'* H
'
/Foundation
Breweries
V T C—
Simon
•'Eddy Paper Co Class 'A' pfd—.
&
50
7'
Simpsons 4%%
fri' T/f> preferred.——2_3—
ffllVv''A
'
v
'
Electrolux
Mills
Lawrence
dicks
V T ,C—
Dominion Textile hew common^——.
Famous
*
common—*
Sherwin Williams of Canada common-*
common.
-
•
*
•
Paper 6% pfd—
Shawinigan Water & Power com
Series A 4% preferred
Dominion Steel & Coal class B__
Tar
A
St Lawrence Flour
Dominion Foundries & Steel——
•
Corporation
preferred
-
'■Dominion Dairies 5'' pfd——.
Enamel
■
*
Power
j ; Dominion Coal 6% preferred
;
,
•
:
Seagrams
Hi Dominion Bridge
;
Transport
Rolland Paper
Davis Leather Co Ltd class "A".
rU Distillers
,,
—
:
common.
_*
*
103%
Jan
Sep,
38
(2694)
THE
COMMERCIAL & FINANCIAL CHRONICLE-
CANADIAN! LISTED
FOR
RANGE
WEEK
ENDING
Monday, December 29, 1947
MARKETS
DECEMBER
26
'
Last
Week's
Rang*
Bale*
far Week
of Prices
Shares
Last
,
Bala Prion
stocks—
„.
r
Atlas
Steels
Low
Par
''!;T
Limited—
12
*
:
Range Since Janoary
High
11%
Auto Fabrics Prod Co Ltd Class A pfd_*
Brand & m men Ltd
12
'.nte
690
British
Dist of
Vancouver
Oil
American
Ltd
5
Ltd——.
Co
10
100
10
350
80c
1
Dec
3.00
Santiago Mines
Sherriti-Gordon
Silver
Jun
Miller
Gold
British Columbia
Pulp & Paper cow--.*
Company common
1
100
109
Canada & Dominion
Canada
Malting
Sugar
Co
Ltd—
Canada Northern Power 7%
15%
Apr
17
Canadian
Gen
Canadian
Industries
Invest
100
Ltd
y
52
109.85
Oct
27
Jan
Stadacona Mines
6
50
Feb
5%
8%
Sep
Canadian Ingersol Rand Co Ltd..
92%
110
6
6%
5,825
108 %
109
155
13
95
52
52%
145
Canadian
NOV
Jan
16%
Sep
Chatco
18%
Dec
49
Nov
109
Jun
23% May
63
Jan
112% Jan
15
60
23
23
125
21
Jan
25
Feb
65
180
58
Dec
69
Feb
14
Sep
16%
Feb
13
13
100
;
■
Steel
30%
y.
20
26
36 %
3%
3%
3,175
40
40
1
6
6
25
__
(I
Commercial Alcohols Ltd
it
Consolidated
3%
•
13%
*
20c
20c
20c
5
Wright
Hargreaves
58
58
58
5
49
4%
175
40c
43
•
4%
*
40c
*
Corp Ltd—.
cum
Works
Oilcloth
Linoleum
Dominion
Eastern
Fairchild
iA'\
Fanny
Products
Aircraft
Farmer
Calgary
&
Calmont
Edmonton
Oils
Consolidated
Candy
•
•
Shops—
class A
(Frank W)
•
21
25c
Massey-Harris Co Ltd
6%%
6%
Home
Co
Oil
■M:
:
'
'
'-Si
^ Quebec Tel
46
Dec
2
22
350
25c
30
55
480
9
10%
40
27
13
22%
23%
21%
28
21
72
72
10
10%
*
11%
12
10%
10%
>
*
Apex
,
Consol Central-Cadillac Gold Mines
Ltd
Cournor Mining Co Ltd
Jun
Ashley
9
Jan
Astoria
Athona
46
Feb
24%
Oct
Nov
Base
Oct
4
15%
22
Dec
12
Apr
10%
Dec
21
Feb
15
July
123
Jan
24c
Jan
43c
May
13%
Apr
13%
Dec
18% Aug
21
Feb
16
200
Sep
16
Nov
8
20
7
Dec
15%
Metals
10
100
10
Nov
14%
Jan
Bell
3,000
5c
Jun
11,500
18c
Dec
23c
9,700
5c
Sep
50c
1,200
38c
Dec
4c
500
4c
6c
1,000
5c
8,300
Bertram
July
Bobjo
O'Brien Gold Mines LtdGold Mining Co Ltd
For footnotes see page 42.
Sep
19c
Dec
2.74 May
18c
13,500
18c
5%c
13,500
4%0 Nov
1.03
1.10
1,400
20c
25c
4,000
24c
24c
4,000
80c
Dec
1
92c
Feb
9%c Feb
"oilZ
Buffadison Gold
225
7%
83%'
83%
lie
60c
83
500
Buffalo
Red
&
'36c
40c
11,500
35c
17c
14 %c
17c
53,500
6c
MayMay
9c 10 %c
11,600
8c
May
lie
9%c
9,100
11%
12%,
925
9
500
11c
7c
Co
Lake
Mines.
11c 11%c
6,000
8%c Jun
22c
25c
5,600
20c
4.00
300
20c
20c
20c
27 %
27%
110
39
39
class
B
i_
& Edmonton
Flon.
—
30
18c
Canada Cement common
Preferred
Canada Malting
—-
5c
Feb
13c
Jan
Jun
Canada Northern
22c
Feb
Dec
3.55
Feb
Dec
4.80
Jan
7c
Dec
Canada
Packers
class
B_
Nov
35c
Feb
39a
Feb
76c
Jan
6.20 Apr
Mar
35c
Oct
25%
Oct
28%
Nov
35
Jun
40
Jan
29,500
7%c Jan
23o
•Tup
19,700
38c
Dec
91c
Mar
169,850
18c
Dec
89c
Sep
7.50
7.50
100
168
166
168
485
19
10
17%
Jan
20 %
Sep
52c
45c
55c
6,400
43c
Dec
1.35
Feb
22c
21c 23%c
13,000
16c
Mar
—
19
6.75
165
July.
Oct
9.75 Mar
191
Feb
31c
Aug
-
18c
10,500
14c
Jan
30c
Feb
26c
3,807
25c
Dec
44c
Feb
5%c
7c
1,000
5c
Aug
17c
Jan
10 Va
IOV4
165
10
May
13% Mar
A
18%
17
18%
6c
6V4C
23
22%
23
355
3%
3%
3%
1,655
3 %
May
12%
12%
150
12%
Dec
16
Feb
25%
26
115
25%
Nov
29%
Jan
3%
Nov
*
—
•
2%
4,695
16%
Dec
24
Jan
6c
Dec
32c
Apr
21%
2,500
•
Oct
27
Jan
21/2
100
18c
25,000
13c
Dec
36c 38'%c
3,700
27c
Aug
18,700
65c
Dec
14 %c
38 %c
2
July
4%
Feb
30c
Jun
48 %c Feb
90c
72c
95c
2.35
2.30
2.38
975
13c
16c
3,500
13c
Dec
35c
Mar
15c 16 %c
3,800
15c
Dec
50c
Jan
19%
Nov
—*
16c
2.20
17
17
96
12
141/a
—
141/8
15
12%
3.66
4.10
28,850
1.70
Jan
5c
6c
5,000
5c
Dec
24c
Jan
73c
2.30
Jan
3 50
59c
—1
2.80
45c
-
59c
22,991
2.55
2.80
3,400
5
35
18
,
18
250
28
,52
28
__
52
-
-
—
Jun
23%
Jan
27%
31% July
4pIfqv
180
Dec
8%
62
Feb
13% Nov
Jun
36 % July
40
Jan
120
16
Sep
18
16
-
188
Mar
Apr
Peo
-
110
17
%
-13
13
>41
23%
138
23%
22%
21%
22%
1,305
23
12%
155
40%
*
.Sep
17
Feb
40
Oct
49% Mar
23%
40
Dec
25
21
<
Oct
May
•237/e Nov
26% May
22%
23
735
22 V*
Sep
*
20
20%
230
20
Jun
20
25%
25%
50
25
Sep
29%
Jan
*
20%
20%
75
20
Oct
36
Jon
15
Feb
19%
Feb
'
Canadian Canners common
5c
5c
1,000
5c
1.50
1.50
2,000
1.35 May
2.05
Jan
2.30
3,700
Nov
700
1.82 May
9c
May
2.90
9c
Canadian Car common
Class A
;
l8c
Feb
Canadian
—
—
Apr
Celanese
Febi
16% May
-10
_•
July
6%
._50
10
Dec
10
371/4
196 198%
Dec
4.10
17%c Feb
25
11 -11%
37
100
4%
Feb
16% May
4.10
S S Lines common
1st preferred
Conv preferred
Oct
Feb
4.75
5%c
16%
Canadian Bank of Commerce
Canadian Breweries
May
1.55
1
11
—-
Dec
AT.
A——
Preferred).
1.01
10c
Feb
13
12C
I20
Canada Varnish pfd——.
3,600
Dec
%c Jan
.38c
42c
-j
1.15
1.20 Feb
23
Jan
8ep
9%C
Power
1.10
Oct
1,03
27c
18%c 22%c
Nov
16%
Feb
34 %c
—
14
Dec
9Va
97% Feb
30c
Jan
11c
*
Canada
May
Feb
21c
4%
Canada Permanent Mortgage-
5c
Sep
Sep
42c
1
—
Sep
13
Jun
3.9Q May
100
27%
1
Caldwell Linen 2nd preferred.
Flin
Dec
Aug
May
3.95
——*
Feb
9.50 May
2c
Mar
Oct
10"%c May
37c
25c
1.30
14c
1
Canadian
Burns
Dec
6%-May
20
lie
Aug,
6c
*
Ankerite
Buffalo
45c
1.70
•
7%
7%
•
95c
1.30
9c
1,500
1
—
Dec
10,400
2.20
200
7%c
*
18c
1.99 May
11,400
■
class
May
May
1.95
__
70c
7c
Mar
•
Forest
Packers
Campbell Red -Lake^...
Cftnadtii Bread com—
1.75
1
1
70c
19c
*
Oil
Calmanfc Oils
8c
*
70c
•
Sep
1.44
__
9.65
Jan
Jun
16c
Jan
2.60 Aug
56c
Sep
1.95
!
1.90 July
Nov
8.25
Feb
77c
25c
4.65
7C
1.15
Jan-
100
—
47c
1.32
3,000
97c
33,350
*
22c
,<
Oct
9.10
Ltd
Dominion
Class
50
A
NOV
7c
1
Pitt
8c
1.44
Dredging
Ltd
Oct
Nov
25%
25c
Gold Mines Ltd.
Louvicourt Goldfields Ltd.
Macdonald Mines Ltd
70c
Jan
17c
2,000
7%c
Sep
54c
18%
Dec
8,000
Nov
1
class
Broulan Porcupine
Calgiry
1.10
Lingside
89c
Oct
Callinan
»20c
5c
45c
1
Sons
Gold
B
Jan
1,000
3c
500
9.10
100
Columbia Power class A
Jan
July
13
50c
500
1
Canada
British
39c
22c
5c
1.90
1
I
Columbia
25c
28c
3c
27%
Dec
1
Columbia
Dec
15,800
13
Dec
31c
•
British
May
94c
13
228%
24%
7,367
9c
10
Radium
&
American
Feb
7c
3c
Dec
Mar
260
35c
1.77
Brazilian Traction Light & Pwr com—*
Brewis Red Lake
1
Mar
19c
260
188
25%
1
Bralorne Mines Ltd
9c
3,000
11%
145
220
25
9c
Gold
British
Feb
31c
1.62
Pershing
British
Sep
Jun
32c
216
f
9C
—1
25c
Oct
Nov
1.77
•
Sep
„
59%
7c
Mining
Mines
Bonetal
60c
5c
Lake Shore Mines Ltd
&
Boycon
May
2,000
11%
10c
Jan
1
Bidgood Kirkland Gold
14%C Oct
9c
7,500
50c
Yellowknife
Buffalo
22c
Ltd_
17%c
Jun
9%
21
10
Telephone of
British
7c
5,100
50C
1
Belleterre Quebec
Feb
11%
ne
910
9% Aug
Oct
May
Dec
10c
Jan
112% Jan
14 % May
12% May
115% Dec
70c
17c
*
—.
Bear' Exploration
Mar
19c
34c
53
1
10%
May
3.25
218
1
76
17
2.95
94c
22,000
Dec
7
Dec
16
19c
3.25
150
13c
25%
Bagamac Mines
Bevcourt
75
15c
lie
1
Gold
21
25
21
500
1.100
•
Aubelle Mines Ltd
Dec
27
20%:
5%c
7c
100
Montreal
22c 22 %c
|
23 % Mai¬
13 %c 13 %c
Toronto
18
9c
Feb
19%
8%
51%
Yellowknife
of
21c 22 %c
9c
Feb
22
200
7c
of
May
High
21%
15C
53
12
Bank
20c
22 %c
1
Low
14% May
17% May
7
10 %c
Bank
45c
1
J-M Consolidated Gold
Mines Ltd.
Jack Lake Mines Ltd—....
Corp
Dec
July
Range Since Jaanary 1
High
7c
Jun
17
6c
Low
12c
Atlas Steel
Dec
Apr
4c
8hares
15c
Mining
Jun
Dec
6%C
*
Ltd
Mining
Dec
5.25
24c
1
Gold
21%
18%c 22 %c
Hevjt Gold Mines Ltd-.——Hollinger Consolidated Gold—
Normetal
2.05
Jan
Sep
9c
for Week
Mines
Feb
10
21
._
2.94
Dec
8ale»
Range
7
Quebec
8
20c
—
Ltd
1.90 July
3.80
Exchange
Week's
of Prices
*
Armistice
Jun
18
22 %c
Formftque Gold Mines Ltd—.
Found Lake Gold
Mines
9,500
1
11
17
Gold Mines Ltd".....
New Louvre
4,350
13c
100
30
500
1
Eldona Gold Mines Ltd.
Cons
2,700
5.25
12c
1,090
common
Dec
5%
1
Dulama Gold Mines__
East Sullivan Mines Ltd
Nechi
1.83
5.00
19%
Gold
Jan
5
•
Mining Co Ltd,
Mines
May
•1.70
1
Aumaque Gold Mines
5
1
Ltd—.
(!. Cortez Explorations
Goldvue
Corp
Class
Mines
40c
1.83
19%
-1
Aunor
Jan
•
Mines
Gold
Jun
20%
Resources
47%
15%
Ltd
Cons
Feb
Nov
Cartier-Malartic Gold Mines Ltd—— l
Lake
61c
9.10
Jan
8%
100
Beatrice Red Lake Gold Mines Ltd
Yellowknife Mines Ltd
God's
Dec
*
14%
11%
*
Beaulieu
E1 Sol
lie
20 %
Canadian Oil
14%
5
*
Anglo
31%
II
25
Corporations class B
.United Fuel Inv B pfd
■!! United Securities Limited
American
Nov
25
Mining Stocks—
ii
July
21,500
20%
Nepheline
Yellowknife
65% May
9 % May
1,443
■,-5...
70c
1.27 Mar
1.90 May
1,065
common
Dec
10%
39
Ltd
Dec
5.25
*
Canada \% pfd
Larder Mines
Aug
107%
13%
Stores Ltd
Jan
5
38
Mines
44c
20
—
Anglo-Huronian
Anglo Rouyn Mines
12%
300
13%
^United
Ltd
of
May
21
25
Dome
500
1,500
14%c 16%c
16 %c
1
Feb
14% July
11
117
Celta Dev &
Jan
49c
Jan
4%
Jan
25
38
61
Jun
10%
100
Jan
3 % May
Mar
10%
100
;! Southmont Invest Co Ltd
!
i Standard Clay Products Ltd
Dec
15% May
150
116
Gold
Dec
3.30
1.60
17%
common—
13%
25
Candego
14c
Dec
3.80
17%
Cons
28
100
pfd
12
Beaulieu
20
;
2.75
July
49c
17%
Mines
Steel
Amalgamated
Arjon
10%
*
Gold
Argus
109% 109 %
11%
11%
1st pfd—100
Stores
Gold Mines
Dec
11c
20c
1.60
42% May
Nov
Ij
250
14%
Lake
2,600
Jan
Aug
3.60
*
12
10
•
20
Bob's
100
*
26%
5
*
'
Hotel
98,000
•
common
Oil
&
Pacific
Aigoina
19%
40
5
21
Gas
Alger
Nov
9%
35
28
Co Ltd common—10
Jan
58%
11
1,265
21%
•
Nov
May
8
100
14%
Windsor
11c
2.75
Oct
8%
10
13
21
8
48
13 % May
Dec
115
13c
27
*
i", Thrift
lie
5<r
2.80
if
55c
44
5
12%c
28
Paper
Agnew-Surpass
Atlas
40
23%
Acme
Jan
42
1,020
10
pfd
Apr
Dec
50
13%
•
:vf
10,600
Feb
2%
20
25
pfd_20
cv
18%
85
preferred
Acadia-Atlantic class A
25c
55
;v.$ Russell
/is?.
6%C
Sale Price
Preferred
12%
13c
Feb'
21% Nov
May
10%
*
17
Sep
25
// Reliance Grain Co Ltd
|'N«i
*
Ltd.
$1.50
Aluminum
575
8%
Feb
Aluminium
3%
9
13
65c
Jan
46%
100
•
Ltd
Industries Ltd
Southern Canada Pr 6%
5c
Par
Dec
2
750
l
& Power Corp "A"
!v Rands Service
1.70 May
12c
Ltd
Exploration
Power
Nov
525
19
.—20
cum
1
5% July
15
3%
8%
I
Power Corp of Can 6%
650'
Last
42
8% May
*
Enterprises Ltd
Purity Flour Mills
*
Oil.
stocks—
27
100
44
—.
Orange Crush Ltd
Mar
67'/ac Apr
9%c Nov
1.95
Friday
11% May
14% May
9%
44
& Ontario Paper Co
5
Montreal Refrig & Storage Ltd com__*
1st preferred
30
Nuclear
Nov
20c
Nov
Canadian Funds
American
18%
Minnesota
Moore Corporation Ltd
Mount Royal Rice Mills
85c
500
1.91
Toronto Stock
Aug
36% Apr
36
Apr
125
*
.
preferred—
Homestead
Oct
4% Mar
1,025
25c
class A-
Ltd
May
1
Ventures Ltd
Dec
Oct
35
100
53%
Loyney Co Ltd (Walter M)~—
■Aj'S:.
65c
252
42
.
2nd
Jun
14% May
17
July
35
*
Investment Foundation Ltd com
Lambert (Alfred) Inc———
75c
65
Apr
Jan
15%
125
40
21%
1
MacLaren Power & Paper Co
Maple Leaf Milling Co Ltd
Dec
50c
*
Ltd—
Dec
46%
*
Great Lakes Paper Co Ltd com
Class A preferred
Melchers Distilleries
14
3%
•••:
Horner Ltd
44c
3,000
1.60
Corp
Jun
2
3y8
1
,
:'}l
3,000
70c
2.75
Feb
6
9%
5
Foreign Power Sec Corp Ltd/<>;•'Fraser Companies L—
Vy
40
13%
13%
22%. 23%
13%
22%
Fleet Mfg Se Aircraft.
■S
7%
39
•
Ltd
Canada
Feb
45c
1
—
Ltd
Gaspe OU
Alberta
42
Limited—
Ford Motor Co of
650
40
47
Dec
3%
5
70c
7%
Co—*
Paper Co Ltd-,
Steel
17%
65c
Sauare
Donnacona
Feb
5.35
57o
Apr
Oct
May
35c
11
•
Ltd
Corp*
Dominion Woollens & Worsteds...
■>Si
65c
13
3,872
17%
pfd_20
15%
19%
*
Dominion
>/!#'
34%c
Oct
1.95
Anglo-Canadian Oil Co Ltd.
Abitibi
19
19%
•
Dominion Engineering
1
15%
*
David & Frere Limitee "B"
&
May
210 Jan
35 c
Mines
Dec
Nov
20c
100
75
4
Oct
5%
13
common
Consol Textile Mills Ltd 5%
Cub Aircraft
Corp Lea
39
13%
Preferred ''h—
paper
Jan
2% Aug
•
,
Div Standard Sec cl A
Consolidated
12c
300
1,000"
Feb
29
—
common
Mar
Mar
Feb
30
10% July
24% Dec
14
25
Claude Neon General Advert Ltd
Preferred
■
,
:,KM
Knitting Co Ltd
Nov
25c
25c
Oil Stocks—*
29
Canadian!Western Lumber Co.
—2
Canadian Westinghouse Company Ltd_*
Celtic
'1.80
J
10%c 10% c
West Malartic Mines--
9%
25
•
—
:
63c
Vinriy Malartic
:___*
Silk Products Class A
Canadian Vickers Ltd
common—
'
44c
11,000
,
46%c 46%c
✓
Dec
Nov
61
•
14c
3.15
70c
_■£.
Ltd
7
113
pfd—■-*
cum
Nov
6%c May
,7c
Oci
6%C
Mines
98
Omnitrans
Canadian P & P Inv 5%
13c
2.85
:
44c
Ltd.
May
'
77
Cons
1944
2% May
67
May
250
18%
43
15
23
14c
3.15
46 %c
Standard Gold Mines Ltd.
109 109.90
•
common-.
1
High
Feb
22
18%
___*
pfd
50c
500
6,000
1
113
575
13
*
8c
14c
—1
—
Mines Ltd
16
22%
90%
Butterfly Hosiery Co Ltd————1
8c
1
22%
6'/8
—
——
Ltd
6
22%
Sullivan
Preferred
50c
Mines
Mines
16
-•
67,300
/
Lou
•
65c
13c
.
14c
Range Since January
High
57c
!
13
Nov
13% Mar
Dec
90c
British Columbia Packers Ltd CI "B"-*
Brown
Shares
Low
60c
High
9% Aug
10
80c
•
Quebec Manganese
•
Quebec Yellowknife OoM Mines Ltd—1
Rochette Gold Mines Co Ltd
——1
Siscoe
Brewers &
Sales
for Week
of Prices
Par
■
Friday
■i&f''I?$V f'
Range
Sale Price
STOCKS—
Canadian Funds
::
Week's
Friday
Montreal Curb Market
common.
11% May
13%
.20
16%
13%
16%
16 %
145
16
Sep
61
61
10
55
May
26
Jan
67% Feb
>
>
"
Volume 166
Number 4659
THE COMMERCIAL: & FINANCIAL
CANADIAN
.
,
Friday
,
W*®k'«
/V-IiUt
'
-.
.
STOCKS—
;//.
Par
Canadian Locomotive
Canadian Malartic
Canadian
Oil
Cu®
92c
common
preferred
ENDING
(2695)
MARKETS
DECEMBER
26
Fridsf
37%
60 Vic May.
2 50
-
*
13.
20:
1.25
t
Nov
Feb
106
Sales
Range
for Week
of Prices
Shares
tow
Par
Jan
18%
;
Sep
98% NOV
Week's
Last
Sale Price
STOCKS—
High
-
Halcrow Swayze
Hard
Rock
Harding
,._1
Gold
Mines.
Range Since January
High
Low
3C
l
35C
Carpets
y.
Feb
N
40
3,000
3c
Dec
31c
40c
4,700
30c
Dec
11
25
10%
Pacific
Cariboo Gold
Railway—
25
14 %
14
2.50
3,200:
2.60
I,300 '
Castle-Trethewey
1.25
Jentral Patricia Gom
Mines.,
1.25
1.25
1.36
1.45
14,800
13c
July
50c
45c
Nov
45c
1,300
30c
May
7c
79%c
Circle
Bar
Class A
21,500
Dec
33c
2.58
Jan
3.05
6,950
4.30
Jan
25c
25c
1,000
*
61c
1.15
1.15
Jan
500
*
93/4
9%
15
19
19
20
4%c
6,000
3.00
—
com
——-
utralam
Coastal
1
Knitting
Malartic
1
Oils
fnckshutt
Plow
4%c
19c
1
11%
-
Collingwood Terminal preferred—'—
uUWllKtL
I
-
„
j
•:
Beattie
Class
Mines
navies
1.01
Oct
65c
Jan
T
93%
-.91% '93%:^-""
1.10
•
Steei
Dominion
8,500
18c
2,500
50
6%c
12c
15c
1,600
240
17
920
4.95
5.30
31,535
6c
6c
500
39c
45c
17,000
29c
4,500
45
46
605
3c
3%c
3,000
11
11
25
26
Ingersoll Machine "A"
Inglis (John) & Co
Apr
Jan
Gold
1
IntT. Metal
1.90 Nov
%c Dec
6Uc
53Ac
Jan
63/i
Dec
8% Mar
Dec
25% Nov
5c
Dec
24c
Feb
'
-
45
65
8
Dec
10%
Apr
200
8
Apr
11
40
26
Mar
33% Aug
30
101
Nov
29
43c
31%
Dec
l043/4 Jan
373A Jan
'
4,545
5,455
12% Sep
16% Feb
;
47c 58 %C
■*
14%
13%
1
55c
Apr
Jacknife Gold
•
6c
-
Mines
30c
Oct
27c
jur.
Joburke
31
Dec.
Mar
2.44
-
26c
Joliet
Mines
Ltd
Quebec
Kayrand
Mines
Mining
Jan
13,200
14c
15c
7%c
7%c
I,500
5c
Nov
38c
49c
5,500
33c
60o
Jun
39c 43 %c
17,000
33c
July
May
95o
Jan
6%c Aug
24o
Jan
1
43 %c
8c
0
7c
8c
25
19
19
15
13% May
193/4 ftov
335
26 %
Labatt (John)
Labrador Mining
Dec
33%
Jan
Oct
9%
Oct
4%
Feb
Lake
Fortune
Lake
Shore
Lake
Wasa
45c
45c
45c
40c
44c
15
14%
15
1
23c
21c
23c
42,050
1.60
1.74
II,300
17 %c
19c
2,000
24 %
55
6.75
6.10
6.75
1,650
Feb
3
21,000
Laguerre Gold Mines
6%
15
34c
24
88
26%
30c
19c
25%
26%
34c~
1.74
25
27
26%
Feb
Kelwren
27
7%
7%
25
3%
444
Keno
Jan
17%
17
18
1,344
26
25'/0
26
750
21
1
Aug
«8c
Feb
May
21%
Dec
41c
Dec
1.40
Jan
25 Vt
29%
*
14
Apr
Kenville
Gold
1
Kirkland
Golden
Sep
Kirkland
Lake
Jan
Kirkland
Townsite
12% May
19
Nov
20
27%
21
185
26%
25
13 %
25
11
94c
May
75c
95c
50,400
64c
20 %c
May
17c
21c
24,000
16 %c Dec
53c
64c
10,300
53c
Dufault
9c
37,510
7%c Dec
21
Dec
26% May
La Luz
25%
Nov
30
Lamaque
July
15
Gate
_—
& Exploration.
Jan
Dec
Gold
1.58
•
1
Mining-
13
60c
4c
60c
16,750
Jan
Nov
1
Candy
10c
1
Mines
63/4C
3
10c
16,500
50c
Jan
7c
10,500
17c
Lebel Oro Mines
1
*
Oil
Jan
9c
5VaC
95
4c
4c
6,500
16% Aug
2%c May
75c
75c
1,625
39c
1.22
1.23
12c
4c
75c
12c
31
125
39
10
19%
19%
250
40
Groceterias class
Class B
London
Dec
60c
Aug
1.36
A
46c
96c
193,950
28c
May
2.60
24c
19c
Dec
Hosiery common
20
60
1,900
750
17%
200
47
Lunward
Lynx
4.40
166
5%c
8
9%
935
8
9
1,100
4,500
3%
15
•
21
,
,
*
16%
*
Goldfields
3.90
16
46
——
5c
1
253/4
.
Jan
Macfie Red Lake
*
MacDonald Mines
.4.70 Get
Aug
19%
67
Feb
Mines
7,850
30
31
135
28%
60
Jan
11c
Feb
9%
Dec
Aug
Aug
15
Jan
25
Dec
38c ^.Feh
19%
1,600
12c
2.25
7,320
2.05
Lake .Gold
Mines
,—
Mines
Oil
•
108
Dec
Gold
20c
1,500
16c
May
39c
Jan
8c
14,500
7c
Dec
28c
Jan
3.10
1,900
-1
15c
1
,•
~1
111% Sep
2,460
1.75
1.95
17,075
12c
14c
3,500
1
1.50
1.40
1.50
600
10
10
16%
•
7%
7
7%
800
3.20
2.95
3.20
4,300
2.10
•
15c
Apr
14% Aug
r
July
1
30c
.
2c
Dec
21c
Dec
5,800
1.15
Jan
7%c
6,000
5Vic Dec
18c
Apr
17%
1,295
14 Vi May
213/4
Feb
20
27%
27%
75
27
Nov
32
Feb
41
—-—
26C
6 Vic
20
18%
class
McColl-Frontenac
Aug
Feb
Grain
Preferred
Mclntyre
•
A
9
9
100
.9
Oct
11
Jan
new
com
290
*
11%
11%
115/fl
11%
Dec
13
99
99
5
98
Dec
104
58
573/4
58
205
54
Jan
1
McKenzie Red Lake
7.15 Mar
23c
Sep
65c
60c
65c
3,100
26c
35c
9,600
47 %C May
25c
Dec
94c
30c
62c
Feb
17c
17c
17c
500
H3/4C May
20c
Feb
—
*
17%
18
155
Oil
•
73/4C
8%c
22,000
Mills
Gold
Brick
•
Mining Corp
*
4 Vic Dec
1
23c
Jan
Montreal Locomotive
*
13c
50c
Moore Corp common
*
Aug
6,709
28,550
8c
80
8C
2,500
7c
20c
25c
10,300
17c
May
3c
Dec
1.85
Dec
71c
11
175
19
1,685
433/4
44
835
95
Jan
Aug
74c
Jan
Mav
20c
11c
Nov
5%C
Apr
1.75
Oct
19
Mid-Continent
Porcupine
8%c
2%
__
2%
700
^7.35
36c
7.65
1,800
34c
36c
2,800
15%
15%
100
713/4
723/4
70
7.35
Dec
34c
Dec
15..
Oct
14 %c
3%
Feb
Apr
Jun
Jan
10.50 Jan
72c
Feb
22% Feb
Jan
3.30
46c
16
Aug
1.98 Mar
4%
preferred
Long Lac
Mylamaque Mines
Sep
713/4
National
-National
July
113
Jan
Oct
12
Drug
May
25% Oct
77
Nov
27% Aug
26
26
300
1
12c
12c
3,000
12c
Dec
25c
17c
23c
11,500
15c
May
37c
Jan
113/4
113/4
50
14
Apr
1
23c
Sep
Jan
65
25
Mosher
18%
Jun
5
Lake
Moneta
103/4
Nov
Nov
1
Red
Milton
20
68 3/4
McWatters Gold
McMarmac
Feb
3,500
23c
8
100
———
Porcupine Mines
Aug
4c
Nov
17%
32c
103
July
5%c Feb
25c
22c
3c
56c
>2.60
17%
July
103
.
7 Vic
July
Sep
Jan
16c
—
Feb
Sep
1
16c
5,000
10
*
common
11c
1.91
Jan
2.23 Feb
73/4 Nov
1.50 May
31c
4.85
39c
4.00 Nov
7,200
27c
Feb
Sep
8,600
5,500
500
Dec
Aug
9 % Sep
5%
Nov
4.20 Mar
1.30 May
3,000
1,500
4%c
1.70
11c
1.97
15c
42c
57c
2.10
■
3.60
Dec
2%C
13c
4%c
2.80
2c
70c
14c
4c
6
Dec
1.85
17c
25c
Mining
-J
Nov
Mercury
5.40 May
10c
8c
•
5
1.27
2.80 May
23c
Dec
1.17
56,200
97,950
75
1
96c
13c 14%c
-1
200
14,100
.1
——
Preferred
w.,
111% May
Apr
21,350
'...?;;"
Jan
May
109%
6.00
i i*;;
31 Vi
7c
.
12c
59c
1
—
Mines
*
Massey-Harris
10
110
•
33% Jan
Jun
5%
1.95
16%C
1.17
I_1
Mines
Marcus
10
16%
•
Jun
263%
1
Martin-McNeely
108
5.85
70c
■
Feb
265
11 %C 13 %c
6.00
•*:♦
Feb
23
*
Gold
& Eastern
Nov.
108
13 %c
2.40
2.92
•
Malartic Gold Fields
Manitoba
Dec
:
19
16%
Porcupine.
5
HO'/a 110%
100
——~
2
150
2,474
18%
100
Dec
1.45
1
Gold
Magnet Consolidated
Dec
9
9
15
22
15c
Jail
1.32 Mar
1.30
-1
-----
MacMillan Export class A
Class B
,,
McCabe
*
1.45
34c
20c
8c
1
^
MacLeod-Cocksnutt
Madsen Red
2
May
6% May
21
2.13
2.20
700
Nov
Dec
5%
1.45
1
Yellowknife
Macassa
5.50 Feb
May
Mines
Sep
Sep
Dec
Gold
60c
Oct
1.96 July
14%
13c
•
Mines
3%
Dec
1.45
Jun
Sep
1.53
I
100
1.16
10c
46c
Aug
9,000
46%
•
1,500
1,000
Feb
75c
Dec
24,500
60c
28
•
,,
Louvicourt
Feb
17%
i
,
Jan
13,600
'4.10,;
~
58c
4%c
Sep
21
Oct
61c
iC-
10
21
19
73c
5c
L:—._—"
20'% Feb
37% July
-'21c
46%
1
21% Feb
:
•
39
1
1
Jan
Jan
1
Gold
Dec
May
17%
*
Leitch Gold Mines, Ltd
9c
4c
16%
Lobiaw
4.75
Jan
4.50
7.75
1.47
11%
1.25
Sep
1.53
—
Dec
Feb
•
17%
50c
2.80
Little Long Lac Gold Mines Ltd
'
Nov
5.70
Feb
94c
Jan
16 3/4
200
Lingman Lake Gold Mines
J
15c
Dec
200
Dec
8% May
Jan
Apr
13
3.00
July
1,210
Feb
6.55
39c
12,000
7.50 Aug
500
12 %c
2.45
Oct
26% Mar
1,705
Jan
1.50 May
2.70 May
32c
6.55
Secord
Lexindin
Apr
July
3.40 May
133/a
Nov
64c
23
Jan
2.30 Nov
4%C
5c
Dec
10c
Jan
13
22c
73c
Jan
1.33
61o
7,000
19%
Nov
46o
86c
42,300
21
Dec
17%
May
Oct
39c
9%
5lc
14c
May
30 %c
21
Aug
12 % Mar
5c
8c
3.50
25c
35c
30c
2.90
5,300
4,330
9,000
7c
3.25
60c. Dec
1,200
25c
3,700
Dec
40.C
50c
preferred
5
11%
Oct
15
Nov
Jan
Sep
Grocers
0
16
16
16
65
19%
Jan
-25c
com
25 c
25c
25c
1,500
17%cMay
40c
Jun
1.82 May
4c
Julv
12Vic
Jan
'
Gordon Mackav class
A—
—
*
Class
A
preferred
National
*
—
19
'
«
—
10%
__
Gypsum, Lime
75c
&
Alabastine
19% Nov
Negus Mines
1
2.15
2.05
2.15
Dec
47%
3,500
New
1
6c
6c
6c
4,000
New
—
For footnotes
see
page 42.
11%
11%
55
75c
75c
4,000
9
15%
15%
r-
13 % May
43
Calumet
10
Nov
11%
Dec
New
Marlon
70c
Dec
1.00
Nov
Newnorth
May
16%
Jan
New
Jun
*
Guayana
Petroleum
150
13
Bidlamaque
Mines
Gold
Gold
Norzone
—
1
2.55 Mar
80c
1.00
8.7C 1
74c
Oct
1.45
Jan
*
34c
30c
35c
V/")
29c
Dec
65c
Feb
1
3%c
3 Vic
4c
2,000
1
30c
22c
30c
81,400
98c
:
Mar
30c
5%C
8c
25c
-
2.85
Gold
Leduc-West
Jan
28 %c Sep
57c
Jan
31
55o
4%c
*
Mines
"U"
Oct'
40C
1
Mines
Larder
Feb
120 Nov
5C
Mines
Lapaska Mines
Jun
55c
May
Feb
i.62
90c
-
Laura
1.80
24
July
21c
300'
Nov
May
13%
5,600
14c
Nov
18
Hill
Lake
21
Gold
Sep
1.70
-
3%
;>.2o
—
7,500
1
1,080
npnerel Steel Wares common..
Goodfish
Jan
15c
15c
1
—
20%
Giant Yellowknife Gold
Mines.,
Gillies Lake
"vL
Mines
90c
Dec
Feb
Feb
20
20%
-
Goldvue
July
6c
7%c
1
Kerr-Addison
3.75-3.90
Goldora
35c
1,000
1
Jcllicoe Mines
Jan
Dec
6c
1
Aug
8c
Oct
22,400
6c
Feb
2%
A
33%
14%
Petroleum
9c
26
29
1013/4 l013/4
International
28,200
4.40
i
<
»
Jan
International Uranium
695
Corp
Gold
15% Mar
8%
Jan
20
Palconbrldge Nickel
Gold.
25
1
15% July
9%
32%
72c
English Electric class A
Mines
Jan
13%
32 3A
50c
JL"
—
30
25
Apr
12% Jan
8
*
19%
v
65c
1
—
Sep
9%
100
*"±C
-AO
•—
133/4
30
common——•
32,800
51c
-25
Gatineau Power
common
5%
preferred
5 % % preferred
;
Dec
July
1,736
Co
57c
57c
9
Exploration
;
Jan
3c
8,784
Nickel
Kelvinator
1.68
—
Deo
14%
Mar
1 50
-
.
Oct
8'%c
A
Feb
46
13c
Jan
6
class'A
85c
1
class
Nov
47o
40
0
Preferred
75c
.™1
Fleury.-Bissell preferred
65c
Aug
28 Vic Dec
15%
39c
Ford ol Canaaa
Francoeur Gold
Dec
$ep V''
'•
26%
Jun
174%
Lake
Dec
62c
,
A
5.30
150
26
34,900
Indian
Nov
May
...
Mfg & Aircraft
i.
Feb
14%
5%c
Aug
5
26 %
Fibre Products com—1Preferred
23%
133/4
15
30c
Kirkland
24 %c
;
Dec
July
13% Nov
Dec
10
5c
34c
Mav
23.50
Players
Fanny Farmer Candy Shops
Oct
6c
28 %c
700
36c
Oil
Famous
5.30
18c
9.50 May
2.75 jan
200
60c
•
Jan
19
Feb
Feb
1.40 Jan
Nov
113/4
63/4
30c
25
Gold Mines.
7c
19
25%
700
1
a
2.75
11%
63A
6,700
0
Trust
1.45
15c
Aug
11%
25%
14,200
*
Invest
500
£1
85c
common
Mine*
:; ■
25
preferred
46c
Eldona Gold Mines.
Goldhawk-
6%C
Preferred
40c
Mines
Arrow
6%c
47o
60c
—
Golden
Feb
45c
*
ttaay Paper class
Elder Mines
Eagle
Mar
11
A—
38c
Theatres
Goldcrest
10
1.46
—
Gold
class
97%
May.
6%c
1
Sullivan MinesEastern Steel
Lake
Ltd
85c
Oil
God's
89c
3c
-
——
#Nov
13
39% May
500
1
Malartic
Goldale
*
1.20
Oct
69e
7,700
-—*
Globe
46c
46
Imperial Bank
10
Imperial Oil
-*
Imperial Tobacco of Canada ordinary_5
Jan
Oct
8c
•
Froblsher
Hunts
Jason
23c
26%
25
East
Fleet
500
43 %C
Bay Mining & Smelting.
Hugh Malartic
Jun
Dec
3%
1.59
Duquesae Mining Co—
Duvay Gold Mines
Federal
..,
1.58
Gold Mines Ltd
Eureka
55c
*r—
29c
38c
Donalda Mines
B Sol
,.
6%c
—•
B
Feb
55C
'
Jan
21
,,10% Dec
8c
—
Economic
100
10c
—
Eastern
•
1.59
•
Woollens
Lcduc
4,000
15%c
2
class
5
—
46c
common
Dominion Tar & Chemical
pfd
VTC
iao«.
14c"
70c
26%
-1
coai
97o
-l—At
.1
Stores
East
Yellowknife
-1
Mines
<»
Dec
20 %c Dec
International
23c
-—10
uuimniun
Crest
20
375
1
Dominion Scottish Invest
East
Feb
1.56
Dec
1
Dominion Coal preferred
Dominion Foundry & Steel
Dominion Magnesium —■
86c
7,000
Feb
'/-'AAV.-.-/-"
Dec
cOc
78% May
-:-X3frV: ,147
16,500:
82c
17c
Ltd
1,000
24C
—
Apr
21 %c
May
5.20
Mines
Oil
.1
T.nlr*
Amphl
.152
^cXrxivisI:.
70c
*
Dominion Bank
Cast
4
•
11 %c
*
1
Distillers Seagrams
Diversified Mining
Dulama
10%"
3%
150
...
40
i eiiowjtune
Dominion
May
11 %c
860
42
Dickenson Red Lake
Mines
37c
78,500'
42
Detta Red Lake
Dome
';i.7c
800
— ^
M>«wvw»bijr
14c
."80c
:
Home
Gold
Hosco Gold Mines
35c
Dec
16%
100
A
———•
Howey Gold
9
Dec
25
80c
—
93c
21c
93c
7c
19
Feb
51c
July
5c
30,900
1
Kollinger Consolidated
Jun
3.45
Dec
8
50
1
ueinite Mines
Denison Nickel Mines
Red
24c
400
*
class
50c
21,000
.dSTf-
Petroleum
Leather
Feb
2.10 May
17
10%
D'Aragon Mines
Davis
13c
42c
17c
—*
uoia
89c
1
Hindq & Dauch
Homer
1.08
LOU
—
Patricia
Cub Aircraft
i>ec
—1
14 %c Feb
42c
*
rowshore
Dec
1.02
h——
Crow's Nest Coal
6c
Apr
4c
"
Pershing Mines
Aug
2,000
I80
9%cMay
*
5
—
75c
6c
15c
Mascot
:
Dec
'
•
B
90c
6c
90c
Highland-Bell A,-—,Highrldge Mining
Highwood Sarcee
Nov
25
7c
—-———2
Consumers Gaa
Conwest Exploration
Croinor
2.20
10%
20
17
*A*
class
Jan
Pec
9%Nov
340
9
.,•
Press
75c
19
42c
—
Consolidated Homestead Oil
Consolidated Mining & Smelting
Consol
Aug
1.05
—*
-
Bakeries
85c
2,000
7,800
—1
Heva Gold Mines
Hudson
11:
5%c
v
,21c
II,350
11%
7c
-
coniaurum Mineb
•Consolidated
Consolidated
--1
5c
2.58 Dec k
1,000
2.40
9
eilO VkMlUt.
Commonwealth Pete
19c
2.20
2.37
*
_
28c.
4c
*
———-
Cochenour Willans Gold™
3.000
8c
Jan
8%C
....
12c
7 Vic
Headway Red Lake.
Hedley
25c
45c
—
Apr
V.
•
11 %c
Mines.
Hasaga Gold
Jan
28c
;—
-----
:
12c
Gold
1.45 Mar
Oct
8%c
..
Chlmo Gold Mines
Chromium
2.20
Gold
Harricana
3.05 Nov
1.23
4,000
Central Porcupine
Chemical Research
Cheskirk Mines.
cnesterville Mineb
Feb
2.00 May
1.10 May
400
1.45
15%
Jan
12
■
•
;U% May
Jan
65c
93/4 May
'
Harker
14%:
1
High
i0o
/
Canadian
3ft
•
mm!
.
14%
100% 100%
LISTED
WEEK
: ,;X
Range sine® Janaary i
-
92c
14
100
FOR
C'M'i
High
27%
84c
*
.
5%:
Shares
27
;
'X
l®r Weofc
Low
---*
———
8alr«
Range
of Prices
Sale Price
"..■•••
RANGE
-
CHRONICLE
3 Vic Dec
15c
Dec
9 Vic Jan
70c
Sep
*
40
THE
(2696)
COMMERCIAL
&
CANADIAN
RANGE
Friday
Range
Low
Nib
„1
—
Yellowknife
Range Since January 1
7c
49'A
.
.1
Malartlc Mines
7%c
3,500
1.40
1.40
212
21c
46%
20 Vie
49
%
1.25
6c
42 "
3,734
1.70
10O
•
V-l. Norseman Mines,
£.
•
Northern Can
Staaacona
Standard Chemical
83c
Jan
>
—
Mines_,
10c
2.05
1.32 May
7,455
10c
7c
.
•
.
9c
4,000.'
8c
10,500
50c
50C
200
8c
50C
__
Mines
Standard
.
*
7fe
50c
1
Jan
44c
Paving
North: Incs
North Star Oil
31c
33c
.4'Ac
4Vic
4'Ac
4%
4 Vi
2.25
2.15
—1
Gold..—
——1
(1940)
Mines
Ific.
May,
Dec
85c
Feo
•
—*
common
—.
GoldMlnes——
O'Brien
.
•71c
Ogama-Rockland
Okalta
Oils
-*
,
_
.
O'Lery
Malartic
Omega
Gold —t,.————
,
i
70c
1.07
:39C
24d.
450
4%;
Jail
48c
AD?
4c
l;50O
1,500
2.30
151900
73c
Dec
10c
1,10
.35^400.
14c
Jun
6
Feb
2.90
46c " Jun
.
1.80 May
1.77
^
"
14c
"
5c
May
5 Vic
7c
3,900
12c
10c
12c
22,500
122 Vi 122%
131 Vi 131 Vi
10%
C'i ^ V
f•
Dec
Jan
19c
•
Lake
Red
Oriac
;v
tvOsisko
Osulake
116%
Jun
125
Oct
131 y2
Dec
131%
840 !
ST«ei
Cui 01
Mining.
Rock Iron
■
SiUJimn
Coiib
(Eastern)
Paciiic
Taku
Ltd
Feb
Toburn
168,750
71c
Dec
2.26
18,800
45c
May
1.05
Nov
60c
70c
A
70c
7c
12,500
8c
5c
5c
7c
8,500
89c
92c
11,700
5%cMay
15c
5c
Dec
65c
84c
Jan
32
32%
85
1,21
1.55
1.55
5,600
1.18 May
5 Vic
*
1,500
8c
-7
8c
10c
4,500
_1
3Vic
3Vic
2,000
44c
48c
4,258
12 Vic
18c
36,000
75c
75c
1,800
75c
Dec
ll%c 12'Ac
15,500
7c
July
Gold——-i...
Piccadilly Porcupine
75 c
Crow Gold Mines.
2.45
2.35
2.45
2,655
3.30
3.30
3.40
2,500
l?c
__________
15c
_.
Gold
1
River
5,500
55c
53c
55c
13,000
40
85c
1
Corp
•
Metals
1
Preston
East
1
Dome
Proprietary Mines
Mica
Quebec
16c
1
Pressed
Purdy
12c
*
Gold
^Voting trust certificates
Power
Jun
—
14'A
—
-
2.10
Nov
14%
Nov
1.98
2.15
3,675
1.32 May
2.50
Nov
1
500
2,000
70c
63c
70c
4,200
9%
9%
9%
600
7%c
8%c
12%
Feb
6 Vic Dec
60c
64c
12%
8
July
May
Dec
July
Apr
10 Vi
May
47c
34,150
20c
Aug
25
355
.
1
17
16'/3
17%
170
9c
8c
9c
6,000
-2lc
__
_
,519c
21c
7,400
14%
14%
15 'A
43%
V--
"S''
Industries
•
common...
•
St Lawrence Corp common.
Class A preferred
50
16%
—
6%
22 %
16c
1.03
May
Aug
St Lawrence Paper preferred
Antonio Gold Mines Ltd_.
_.
Sand
River
Sannorm
Gold
Senator
1
Mines
Scythes & Co
1
common
Rouyn
25
14'/i
Jan
21
Dec
45c
11%
Apr
15
—
16c
<4
16%
385
9'A
Jan
19
__
Creek
44%
155
50%
Gold—
Gold
50c
Mines
11c
15c
17c
60
3,000
"
32'A May
8,000
117
15c
Breweries
Voting
trust
Mines
V?
Ltd
com
Preferred
__
Snverwood
.
-__1
_
Mines
Dairies
Class B
__
..
1
class
A
49 c
•
--
Class B
•
Dec
25 Vi
Jan
47%
Dec
50
Sep
2.81
12%
31c
.
1.00
Oct
3.20
18,157
2.06
Jan
Siscoe
Malartic
170
50
7.20
100
50c
70c
44,900
15
15
37
37
20
45 %C 49 %c
39,060
12'A
76
11%.
11%
106
27
22
100
Mines
-1
100 101 %
43c
Gold
Sladen
15
14 %
27
..
Preferred
Oct
May
1,300
22
♦
_
15c
43c
48'c
39c
39c
40c
12%
12
7.20
lb,,
j
1.65
5.35
Jan
Feb
16%
1.99
2.05
600
65c
1,000
6,000.
26
26
17%
Oct V". 7-
83 A' Jan
Aug
1,76 Jun
,
Jan
22%cMar
*
'
.
2.65: Feb
-iw '/"'i-
3.50
17c
14c
,.-
13 %c
_„_i
68 %c
15c
19%
70C
Mar
2.8b' Jan
Dec
31c
Apr
2.75
Jan
Dec
1.00
Feb
26
Feb
28 'A
Sep
3.20 May
35c
155
68 %c
27c
60c
15,000
17%:
:
C1.87 Dec
16,500
40 %C.
May.
;;,1,70 May7; V.
4,390
44 c
;
15
3.40
3.50
42%
Trusts
Finance
2,392
100
172
50
__
__1
i
172
4.50 Nov
.May
13c
Dec
65c
.'62c
Dec
17%
25
10%
class .A
rransconwueiital
United Corp
United
10%
120
Dec
105% 105-%
1,000
Oct
65c
:
Feb
-. 21.
Mar
1.40
Feb
49
60C
500
9%
9%
United
B
18%
18 %
200
47%
48
40
,
18%
preferred
__50
25
Oil
•
Upper Canada Mines
6%
Vicour
Mines
Ltd
Wekusko
10c
:
4.50
4.60
2,161
26
26%
3,235
11%
11%
25
Grocers
20c
9c
36
36
Mines
1
Wingait Gold
27
>
9c
13c
i
13c
6
Dec
10
Feb
2.00 May
2.85
Nov
12
Feb
Dec
Dec
22c
Mar
Dec
18c
Jan
Dec
25'A
Jan
4.95
Feb
21% May
28'A
Oct
11%
Dec
Jun
Dec
50c
Mar
7'Ac Dec
23c
Jun
35
Ort
26%
5,000
7'Ac
7'Ac
8c
39% Mar
23
97
97
5
5
Girl
2.76
1
Mines
19c
.24
75
2.80
4,550
19c
1,000
8c
3,500
16%
265
19c
•
York Knitting common
24
2.72
.
*
7c
*
16%
31
108
7c
10,190
100
Sep
Dec
101
9,000
20%
:
Yankee
Nov
17c
5
22%
Combing
Wright-Hargreaves'
Ymir
17
Feb
7
235
101
•
common
Preferred
Yellorex
27%
lOli
___1
Winnipeg Electric
Feb
10 %
4.20 May
50
*
Feb
Nov
5c
4,bo0
100
1.10
21
'
Preferred
Wtltsey-Coghlan
'
50
10c
8,300
7%c
0
A
18c
*
class
r
Apr
23
!
18c
Dec
Dec
7.00
-
5
l
Mines
1
2,000
26%
Feb
49
26% July
5% May
2.000
5c
23
0
(Geo)'com
Weston
11c
5c
23
♦
W)
&
Consol
Malartic
Western
(G
com
Feb
30c
8% May
17% May
849
4.55
116'A
42%
1,520
*
105% Dec
'
675
2.30
7.05
1
(Hiram)
Waterous
6%
2.25
7.00
25
Amulet
Walker
6%
2.25
7.05
__1
Gold
Feb
2,100
1
Virginia Dare preferred
Oct
12 %
53c
35
12c
•
Lid
Ventures.
15
11c
12c
1
2,285
15
*
Steel
inited
9%
class B
preferred
,
175
60c
•180
Oct
10'Ac May
,
46
•
Jan
9%
3
10%c 10%c
10 %C
•
-
170
"
»
Resources
Fuel class. A
Class
Toronto Stock
Dec
Mar
Jan
20c
Aug
Apr
7c
.
.
Dec
21c
13%
Jan
23
Dec
96
Oct
101
July
19
Oct
25%
Jan
2.70 May
3.50
Nov
17c
Dec
7c
Dec
13 %
Oct
30c
Jun
19c
Mar
17
Nov
Nov
Dec
10%
Feb
50c
Dec
1.05
Apr
19%
Feb
37
24 %c
Dec
Co
11'A May
6Vi Jan
100
40
Sep
5
Jun
Dec
Oct
Canadian
Coast
Westinghouse
Copper
_
..
Consolidated
Jan
106% Mar
68c
Apr
•68c
Nov
65
109%
170
16
55
18%
Dec
75
21
Jan
23
3%s
Oil
Bridge
Paper
com..
international
&,
Pend
Oreille
Southmount
Pr>'it>T'pct
_
Invest
Pet-oim
Temiskaming Mining
20%
Sep
.
Dec
23% May
25% Feb
1.00^
4
Dec
37% Aug
50
Mar
200
Dec
2.40
Jan
19%
2,037
14% May
21%
Nov
54c
8,950
32c
Jan
72c
Jun
32
200
30%
Nov
37
Feb
3.30
-
75
11%
Dec
11%
22%
475
3.10
3.30
6,920
1.00
14% May
1.90
Jan
12%
Dec
27
Nov
3.30
Dec
_
21
10
21
60
60
61%
1,057
41
23%
22%
24
1,450
2.34
2.34
2.35
700
38c
38c
38c
12
23c
Jan
42c
Oct'
3ic
30c
30c
Ron
22c
Dec
45c
Jun
8c
7'Ac
8c
4,000
6'Ac May
12c
Jan
__
Paper
_
21
•
*
-
Paper common.
Ontario
Nov
Nov.—
2% Aug
11%
•
Humberstone Shoe
112%
1,525
22%
_
_
♦
67% May
48c
54c
#
_
new
May
7'/a
31'A
19'A
Oil
98%
19
__
_
Textile
Donnacona
1.00
May
185
42
_
*
Dalhousie
Dominion
*
High
Jan
18%
22%
—
Paper
Jan
29
19%
V4
Minnesota
32%
3
109
♦
common
Lumber
43
2,100
18%
109%
*
S^jgar
265
6%
19%
100
Western
LOW
93
6
Industries
Canadian
Range Since January l
High
90
Nov
13% July
12
Low
Pulp & Paper com
Dominion
&
Canadian
Shares
common
^referred
Canada
for Week
of Prtees
Per
British Columbia
Brown
Range
Sale Price
,
Dominion
59%
Sales
Last
Foothills
Sep
Week's
Friday
Nov
12%
Exchange-Curb Section
Canadian Funds
Nov
19% May
v,
Nov
15%
24 y2
220
Jan
137/s May
•
3,000
,19%
Apr
85c
Apr
50
8,920
14%
May
25
■
17c
14 %c
Bulolo Gold
60
11%
*
.....
Simpson's Ltd class A
Oct
21%
47%
15
70c
5
_
30c
21
7.20
__
Silver 'Miller
•
...
Aug
25
14%
1
Ltd__
20c
40
14%
ctfs
Silanco M & S Co
Silknit
•
common
Nov
22,700
1.02
Apr
10c
2,300
*
Mortgage
Oct
5.10
14
1.01
3.20
(Quebec)
Dec
140
68c
'
Sicks'
Sigma
Apr
3.25 May
6c
Aug
60 %c
47%
2.00
l_»
Oct
10c
21
—
onerrltt-Goraon
1.90
1.99
_____„___1
Nov
3.400
V-;
l!o0
74%
■
.
1,000
15c
1
Towagmac Exploration
Sep
14
67c
*
*
Preferred
Sheep
J
20c
•
Mines
Julv
ft
Jan
42
t
.V-
__1
j
General
Jun
825
132
Feb
;v*
8
v
Dec
Jun
8c
■
4.25
23
•
Dec
Jan
38c
3.95
Feb
Jan
Apr
17Vic Dec
127%
4.25
...
Ltd
Shawinlgan Water & Power
V
100
__1
Feb
8
65c MawkXi
10,000
"20C
•
STOCKS—
San
■'
-
Oct
Nov
97/a
Apr
%
' :* 9%
70
2.18
;_4_1
Wool
Feb
,75
/
2.03
Sep
Feb
5c
__J
10
Nov
100
Chibougamau
Jan
80c
2.000
24%
1.20 Aug
21%
47c
8 Vi
24%
Jan
16c
12c 13 Vic
*
1.20
Nov
8V2
^
Sep
Jan
Jan
_*
32c
15%
7c
com
Mines
l_i
Gold4.______^
Toronto
Nov
20c
4
1.48
85 c
,
.
Oct
19
,
♦
.
t
West
15
7 Vic Dec
20c
36c
Feb
17c
19c
Oils Co
1.60
1,000
.1
Royal Bank
Royalite Oil
1.67 May
7,000
21,000
12'Ac 12'Ac
(19361
Little
.
44%
Jan
'•
60c
Mines.
Toronto
Waite
Jun
*
-*
Dec
9% May
A,
Russell
60c
May
11
200
Rupununi
27c
49
2,625
Roybar
Jun
355
14
Roxana
45c
5%
]
High
T
'
Thompson-Lundmark Gold Minqs
Villbona
12%
7c
Gold
Feb
4.40 May
14%
93 c
Rochette
3.30
3.25 May
12c
Dec
12%
13
Robinson,
2.18
Feb
12%
15
8c
Dec
Feb
Jan
15
1
2.25
1.31
17c
71c
15
73c
Jan
2,200
6',8C
Gold
Nov
29c
75c
"93c
Gold
59c
75c
93c
Gold
July
7'Ac Aug
May
13%
Regcourt
Feb
Jan
75c
1
Reno
12c
33%
"
Richmac
20b
23 Vic Jan
"
4
Union Gas Co__.
3,300
1
class
42c
'
1,195
I
Milk
Jan
%
Queenstoa Gold Mines
Quinte
10c 10 %c
J
2.2Q- Nov
85c
40
7c
*
Minine
♦
Feb
July
80c
39%
..._1
Mines
Manitou
Quemont
3'Ac Dec
48c
Perron
Rouyn
5'Ac Dec
7'Ac Dec
17 Vic
Paymaster Cons Mines.
'"'Pen-Rey Gblri Mines___
Powell
33&
27% July
1.45
_»
,.r,v.
Powell
77
Toronto Iroa Works class A____
LI—
Reef
14%
76%
Jan
1.33
.
porcnpinp
...14%.
76 Va
*
common.-
Mlnes___,
Gold
70c
Feb
•
Peninsular
6,500
.,
-
—
Porcupine
80c
common
Teck-Hughes
Dec
72c
1.23
8c
Malartic
Pioneer Gold
71c
78c
Gold
10c
17,000
"ii Pamour Porcupine Mines Ltd
PicKle
50
__50c
River
Traders
Parbec
9%
Tip Top Tailors
23
V.r
-*•
35
9%
Inlet
Feb
500
92c
j/;'Pandora Cadillac
X\ Paramaque Mines
225
5
"
18Vic
14c
£*£
Tubes:
10%
4%
Mines
Dec
11c
Petroleum
Page Hershey
19%
Sylvamte Gold Mines
Thurbois
'Tv;
'>;>PacaltA
<.
Cauaua
Sep
10c
:vn.
,'d» Pacific
#
___■>
Bros
9c
10%
10c
:
145
Olsen-"1,
10'/a
ioy8
—1
Mines
6%
Dec
—_1
.
Mines____—i—
Lake
15
'
»
,
6%
Jan
25 %c July
25
,.
1
'
-
-
Orenada Gold
May
■
50
^Grange: Crush1
May
7
__<■
class A___,
t.}V'.C./v/.--'-'.f
Sturgeon River Gold'
Apr
2ic
Dec
7c
6%c
100
preferred..—
50c
310
Low
•
V:,;_ 4-.
Steeloy
Nov
-2.35 July'
40c {; Jftn
3,000
14c
1
Loan
Steel
3,713
7%
•
Tamblyn
Ontario
Ontario
May
70c
7
Jan
3%
"
5,800
—Ii
Omnitrans Exploration
66c
.
1
Radio
Starratt
Surf
•"!
--
91c
common—^
••/i
Jun
Sleep
'
com
Preferred
Stedman
Northland
2,800
(1944)
Class A
:
t
1.43
Jan
Feb
Range Since January
High
.
.
Dec
Shares
•r:y-i.
Jan
Jan
54
for Week
1.38
1.43
2,10
Aug
Sales
Range
Low
8pringer Sturgeon
Standard
Norpick Gold Mines
Week't
Of Prices
v
Par
Dec
17c
Jun
May
>:'• Last
Sa)e Price
~
1.45
.
o
60c
Dec
20 'Ac Dec
25,500
23c
'
1.60
40c
STOCKS—
High
Low
High
1,500
7c
Mining
Normetal
26
.
48c
48c
-—5
A Noraada Mines
Norbenite
48c
—-—7-—•—r~i
Mines
Nipissing
MARKETS
DECEMBER
-Friday
Shares
Par
Merger
Rouyn
ENDING
Monday, December 29* 1947
for Week
of Prices
'
New
LISTED
WEEK
CHRONICLE
Sales
Week's
Last
Sale Price
STOCKS—
FOR
FINANCIAL
__
—____
*
Dec
24%
Feb
May
15% May
63%
Nov
1.75
Sep
24%
Oct
3.40
Jan
„iX
i
V
'-V
:-y t
Volume 166
Number 4659
COMMERCIAL
THE
&
FINANCIAL
amounts in millions—rounded and will not
/I''/'/.';
.
(2697)
'
•
-
and
August,
Percent
'Amount
tAmount
Redeemed
Outstdg.
is
1947
shown
below, together
B-1933
Series
C-1937
(matured),
$255
$247
(matured).
463
588
$8-
96.86%
440
23
95.03
444
tl44
75.51
Series
C-1938
666
156
509
D-1939
1,029
215
815
D-1940
1,215
Series D-1941
524
Total
Series
7 <'
Serles E:
Series
A-D_
'
v
1946
939,975 fine
July
1,012,258 fine
993 886 fine
—
—
/
ounces
August
1.018,543 fine
ounces
ounces
1,047,599 fine
ounces
ounces
1,014,081 fine
ounces
E-19-14
Series
E-1945
Series
E-1946
Series
E-1947
•v
Silver
^
984
19.01
434
16.98
During tlfe third quarter of 1947 the official prices of silver in
$1,823
$2,918
38.45
the London market ranged between 43 3/8d. and 37d.
per ounce 0.999
fine for cash and 42 7/d, and 37d.
per ounce 0.999 fine for two months'
S-n;/
E-1942
E-1943
Series
delivery.
-7337
1,132
22.96
35.30
.
'
*
Prices for the two deliveries had remained level
up to Sept. 8,
6.654
4,305
4,550
6,349
41.74
12,715
5,418
7,296
42.61
offerings for forward delivery
depressed the two months quotation which moved to a discount of
9,918
4,004
5.914
40.37
l/8d.
4,354
1,179
3,176
27.08
3,145
-
2,349
1C.900
______
319
2,826
10.14
offerings continuing,
months'
__
__________
_
_
months)
(10
Total
Series
E_
$49,153
$18,155
$30,997
Series
A-E
$53,894
$19,978
$38,916
1
but the appearance in the market of
on
Sept. 9. With demand confined to spot delivery and forward
37.07
tained
Series
F
and
and
G-1941_
F
and
G-1942_
Series
F
and
G-1943
Series
F
and
G-1944
Series
F
and
G-1945
Series
F
and
G-1946
Series
F
and G-1947
1,531
_
199
1,332
479
2,709
15.03
3,362
11.43
2,893
7.98
124
2.869
Total
Series
HTctal
All
'"Includes
bonds
which
tured),
Debt
and
F
sales
and
and
G
12
2,143
.56
$20,065
accrued
have
not
$1,998
$18,068
112
167
the
tendency
$74,071
__
discount.
been
tCurrent
presented
for
therefore does not agree with
Statement.
discount of
38Mid.
was
$22,142
redemption
payment.
values.
A
B
on
September with
months'
the last day of
which
matured
and
totals under interest-bearing debt
(ma¬
for both deliveries
and
afier
were
fluctuations, but
some
cash
at
43 3/8d.
delivery at 427/8d.
September
the
on
the 24th.
on
23rd
and
Quotations
43M4d. and 42%d.
were
minor fluctuations due to local
conditions, but prices
ranged
between
71%
cents
61%cents
and
during "the
same
*
meeting
a
of the Board
member governments to
silver and its
reprint below the quarterly bullion letter of Samuel Mon¬
tagu & Co., London, written under date of Oct. 1.
Gold
1947
unaltered at £247,833.
changed at 172s/3d.
England's
per
fine
ounce,
pr^ce for gold remained un¬
at which figure the above amount
International
compiled from the data provided
Quotations
(per
by March 1, 1948.
0.999 fine)
ounce
Two Months' Delivery
Average
Highest Lowest
Average
39%d.
42V2d.
September
-
37d.
37d.
39.9750d.
42M>d.
37d.
39.9750d.
43%d.
August
calculated.
the
passed calling upon
supply the Fund with information regarding
Highest Lowest
July
buying
of
was
Cash Delivery,
The amount of gold held in the Issue Department of the Bank of
of
Governors
A report is to be
uses.
Silver
t
Bank
of
resolution
a
and should be in the possession of members
We
was
so
period.
Public
Engiish Gold and Silver Markets /
The
main¬
continued to be influenced by movements in the New York quotation
29.89
^Includes
Series
on
in
two
There
$51,928
Ulncludes
9.93
.
At
was
was
%d. and
decline of 37d. at the end of the month.
was a
Monetary Fund in September,
England
3/4d.;. this fraction
firm, and the peak for the period under review
was
reached
was
—55
redemptions
Series—
a
During August and September prices showed
24th, and
Unclassified
at
the price
1
4.14
2,155
(10 months)
July
touching 39% d. there
15.17
3,269
251
2,993
:
2,853
422
3,144
!
510
3,691
___
;
was
Sept. 24 when the difference narrowed to
13.00
3,188
_
delivery
until
On
F
Series
41 %d.
42.7443d.
427/8d.
41 %d.
42.3636d.
38.8369d.
37d.
39%d.
38.8369d.
Statement of Condition of the 12 Federal
foreign Exchange Rates
Reserve Banks Combined
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies
dally
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
record for the week just passed:
»
;
;
' ■
-
.
We
thousands
(In
of
■
-
RATES
CERTIFIED
BY
DECEMBER
FEDERAL
19,
RESFRVE
BANK
1947 TO DECEMBER
25,
TO
1947,
TREASURY
TARIFF
UNDER
ACT
Dec. 24,
:
OF
1930
Dec. 17,
INCLUSIVE
certificates
Redemption
fund
for
F.
and .Monetary
Value
In
United
States Money
Argentina, peso—
'
Dec. 20
gold
Discounts
-
Dec. 22
Dec. 23
1
9
,297733s
..
Dec. 24
$
.297733s
%
.297733"
,■
-
>"•"
Dec. 25
Belgian.
3.212296
-
.
Brazil, cruzeiro
.
km /
vr- • •
$
.297733s
U.
-
.251247s
.251247s
Bills
.251247s
,
3.212133
-.054406
|
3,212296
.022807
:
.054406
I
.054406
.Christmas
•:
.881562
1.000000
'Total
.569800*
.569800s
.569800/
.020060
.020060
i
.208604
England* pound stortftigii-—^
4:0313138 •
Frpnce (Metropolitant francw.
,
.208604
i
4.031328
4.031406
f
.008404
.008403
.008404
.301779
( Britislii;
.;<
.301779
.301792
.205733
.205753
.205753
<(■
'
—
Netherlands, guilder—
4.031406
-
.376621
"Member
New Zealand, pound—
1.00C000
1.000000
1.000000
.884583
3.225166
Closed
3.225166
3.225166
.201595
.201595
Portugal, escudo—.
.040126
.040088
.040047
.040047
Spain, Peseta l
.091324
.091324
.091324
Sweden, krona
.278264
.278264
.278264
Christmas
.091324
i
'Nominal rate.
129 288
■!
•»'
■<
24,062,952
'•
129.083
102
133.884
3.846.062'"
33.284
2,754,061
32.519
92,171
47,741
47 649 848
45,649,199
,
24.984,449
24 822,907
bank—reserve
acct.
25,091,572
17,376.982
17 581.259
16,529.705
328,046
19 1-47.848
2.367,352
items
accrued dlvs.
547.062
519.705
481,248
2,138.187
22,792
17.924.518
1,940.178
22,191
'6 €47.199
availability
615.901
469 440
19.273.2C7
deposits
828 913
461,517
acct.
4.007500
.233628
Closed
Other
V
.233628
.233628
4.C07500 >
4.037500
liabilities
40 9^1.734
17,018
capital
'
4.007500
Christmas
-
.562040s
/658300s
,658300'
,532040s
;
/
—
195.355
185 921
439,828
358.3*5
27.455
275*55
27.423
58,417
accounts
195 047/
439 823
Total liabilities & cap. accts.
Ratio
nnte
,658300s
44,973.286
55,789
104,209
47 368 249
47 649,858
45.649.199
48.5%
48.8%
42.7%;
2.523
6,511
7,739
8,346
.278264
,
Noncontrolled——
'
■
95
''I'."
:
Capital Accounts—
Capital paid in
Surplus (Section 7)
Surplus ((Section 13b)
~
.233628
—
"
liab.. Incl.
of
serves,
Uruguay, peso—
■
505,795
Total
.201595
■:,* Controlled
■'
101,632
other
.884583
3 225000
Africa^ pound.
■
1.000000
.878958
.201595
Union oi South
.
21,830,209
47.368.249
S. Treasurer—gen.
Foreign
Deferred
Norway, krone
Switzerland, franc
-
95
*
33.242
U.
-
.276821
.376821
.877083
.
23,721,868
3,193.544
-
.376854
753,390
21 657,297
Deposits:
Total
Official
banks—
-
Federal Reserve notes
.205753
355,300
22,184,560
*
assets
Liabilities—
Christmas
.008404
i
Other
Free-->
other
7,468.012
1,403,826
.208604
'
Newfoundland, cwllar—
|
Of
15,145,166
6.889,605
1,481,750
'
securities.
banks.—
items
premises
Total
".301792
(208604
Closed
notes
'
t
•.
and
foreign
11 882,116
21,900,333
securities-
Other assets
-
:Mexl5a
R.
.020060
541
1 531,750
-
U. S. Govt,
from
Bank
,569800s
340,543
12
1,709,593
Uncollected
.886875
236.635
' '
6,872.255
—
-
Bonds
1.000000
•
.886875
W.
.020060
Denmark»krune—.
: Zndt*
4,485
11.786,735
—
Notes
F
1.000000
.879453
Czechoslovakia. koruna_;
168.415
!
Certificates
.022807
.054406
.022773-
3.212296
.022785
Closed
1.000000
.'Colombia,
250,107
282,786
i-
S. Govt., securities:
Due
Free.
243.401
1.441
advances:
purchased
Acceptances
*
Official——
794,130
18,381,305
—
-
.
Canada.dollar^
C82.667
21.468,837
loans
Total, loans
&
687,317
Ctf. reserves
and
Industrial
,
.251247'"
vAuytralia, pounds..
$
17,587,175
21,482,487
—
Total
-
-
i
Other cash
Official..
20,786,170
.
Buying Rate for Cable Transfers In New York
Unit
Dec. 19
#
,
R.
notes..
Noon
Country
V;
1946
$
20,795,170
-
;
Dec. 24,
1947
Assets—$
Gold
'r
dollars) ''
1947
FOREIGN. EXCHANGE
I
remained throughout the rest of the month.
G:
Series
!
the difference widened sharply and by Sept.
16, with the respective quotations at 42%d. and 42d., silver for two
36.94
Total
a
the
89
1,468
—
Series
give below
for
231
7
$4,741
,
E-1941
Series
to the
figures
20.89
Series
June
23.42
Series
11
with
1947
A-1935
II
.
.
Amt. Issued
Series A-D:
v,.
'■
•
.
corresponding months of 1946 for the purpose of comparison:
Redeemed ot
Issued
Series
41
The gold output of the Transvaal for the months'of
June, July
•"Amount
Series
:'•■« t'.fl
"Bank of New York.
serve
add to totals)
necessarily
CHRONICLE
On Sept. 15 it was announced
by the Treasury that a sale of
gold to the value of £20,000,000 had been made to the Federal Re¬
United States Savings Bonds Issued and !
Redeemed Through Oct. 31,1947
(Dollar
't;. i'1V'jf.:;
.658300'
.562040s
.562040s
gold certificate re¬
to deposit and F. R.
liabilities
.Contingent
purchased
combined
liability
on
for foreign
respondents
Commitments
trial loans
—
bills
cor-*
:
to
—
make
Indus-
2,455
.
7,687
:
>1
42
COMMfiiKClAL
THE
(2698)
&
FINANCIAL CHRONICLE
OVER-THE-COUNTER
Quotations for Friday,
MARKETS
December
26
:
~
Investing Companies
Mutual
-J
Aeronautical Securities
4.90
1%
Corp
—-10
Shares——.-1
Associated Standard OilstoCks
Shares series A—»*—*
2
Affiliated
4.41
Managed
28
26
4.14
3.78
American Business
8%
Drug
9%
7.45
15.06
8.05
16.37
'
Fund Inc
Axe-Houghton Fund B
—1
5
Axe-Houghton
94.97
45.34
46.27
3.80
4.19
shares
3.90
shares
Equipment shares—
3.50
Blair
General
shares
Industries
4.22
Boston Fund
Inc
*
Paper shares
4.36
4.68
4.46
8.30
Steel
17.79
19.04
—™*
-1
13.72
Preferred
137
100
__
Commonwealth Invest—*-_*—1—1
Fund^™
_w—™*:-X-
Shares!-
Delaware
—»25c
-
Dividend
.
shares
10c
Balanced
/Fund-—-J™.<*-;-!■
-
12.44
10
13.64
14.86
23.41
1
13.16
14.12
*_1
9.39
10.15
National
1.88
29
5.24
Corp-—*-*.*.-*.•
Investors Trust———i
Capital
General
*
Low
General
Series
«
Building shares
'
6.40
17%
American
4.23
Amerioan
14%
Equitable.--™
5
Fidelity 8c Casualty_5 <*-10%
American
of Newark-™—„-2 %
14.75
15.82
American
Re-Insurance
American
Reserve
Agriculture
10.40
11.40
Automobile
6.56
7.19
1
—
Diversified
Industry
equipment
Camden
City
11.63
Connecticut
11.66
Fire-
Continental
,.17%~
t
10
Casualty
Oils
15.86
17,38
9.17
9.63
Pacific Coast Invest Fund
11.13
12.20
Investing*——————
7.38
Low Price rshares—6.34
8.00
Public
5.47
5.99
Railroad
5.44
5.96
Firemen's, of
Railroad
6.94
7.61
Franklin
8.44
9.25
10.31
11.31
General Reinsurance Corp.
Gibraltar Fire. & Marine—
Merchandise
shares
© Mining shares
shares
Bond
Railroad
*
shares—
Steel
shades
XJtilitv
Income
4.49
5.08
4.10
4.55
1.67
—
shares
Tobacco
-
.--
7.88
2.35
4.31
Equipment shares
(©Railroad stock shares™.
RR
-
8.03
5.57
8.55
2.57
4.69
4.88
5.13
*
shares
(-Petroleum
6.88
7.40
;
Foundation Fund—10c
Tobacco
Petroleum
Putnam
5.52
Republic
4.46
4.94
1.68
23.65
Inc
Selected
Aviation
shares
7.83
72c
92c
13.63
;, Bank
10
26.65
,
Group shares
Stock and Bond Group
Investment Co of America
Invest Management
Fund Inc™l
(Low Priced Bonds
1
(Speculative Bonds)
1
(Income pfd Stocks)—1
K-2 (Appreciation pfd Stks)_l
S-l (Quality common Stks)_l
S-2
(Income - com Stocks)—1
16.33
8.94
17.06
20.24
26.67
B-3
,
Newark
Fire.
69c
Stock
Preferred
x98
103
84
87
32%
Chemical Bank & Trust
34 %
37
—15
10
Chase National Bank
Falls
Whitehall
9.46
Trust
16.59
2nd
15.22
Series
1
50
Empire Trust
Federation Bank & Trust
7.34
6.51
2.35
Consol.
7.50
•
2.67
13%
1,265
69
72
47
49%
10
10
23
25
41%
43%
10
25%
Seaboard
15%
17%
Security
43
29%
31%
Sprgfld Fire & Marine
6%
16
.
7%
Surety
New
Haven
Accident
Standard
"
30
76
80
100
520
535
25
26%
U
S
Fidelity & Guaranty Co„2
47
4'J
23%
25%
U
S
Fire
45
U
S
Guarantee
(lo
Fire
Bid
Travelers
4
10
Fire
Westchester
48
'A
62%
33%
31
2.50
Security Issues
1
Ask
95%
96%
1972
102 %
103%
Edison 3s_———1977
100%
3s
1967
3%s—1977
& Lt
Pow
.
93
101
94%
96
Bid
Ask
165
_100
185
243
14%
14.40
48
15%
14.80
51
48%
(J P) & Co Inc
City Bank
100
12%
232
37%
Title
Trust
25
National
States
81
'
■
95
100
5o
86
90
74
•
Electric—
99
3.70%
preferred
Pitney Bowes 4%%
97
Fublic Service
&
Lt
3s
Utilities
1977
1976
1977
97
99
1975
92%
94%
1977
96
98
Philadelphia Ei Pwr 2s/as
Toledo Edison Co
27/8s-
.93%
3.50
94%
pfd
53
(Indiana)—
preferred
Robertshaw-Fltn Controls com_l
43A%
'
8%
22
24
13%
14%
100
94
94%
Transmission—*
9
9%
5
5%
25
preferred
Carbon
Speer
77
7%
Co.
10 %
12
Bid
1
.100%
86
Cladmetals
American
Gas
Tennessee
4%%
1%
Electric Power—
preferred
100
Birmingham Elec $4.20 pid—100
Connecticut Light & Power—
Ask
Transmsn
Co.—
preferred
Appalachian
4%%
$1.90
•
•
preferred
$2 preferred
—
46
48
101%
Eastern
Texas
89,,.
Tucker
49
West
Corp "A"__
*
common. .50c
Disinfecting
$5 preferred
49
1
14
96%
*
99
39%
73%
25
100
Trust
Par
Stocks—
84
37%
& Trust-17%
Guarantee & Trust
United
Pennsylvania
99
238
39%
Sterling
"
96%
252
46%
Bank
■
200
100
10
100
.25
20
Nat'l
94
100
'
,
10%
101
England Gas & Elec—
preferred
100
1977
Power
Pacific Pwr & Light 3%s
150
Trust
Irving Trust
Kings County Trust
Lawyers Trust
York
•
Ask
10%
99
4 % 7o
94%
Florida
100
Guaranty
Morgan
.[i
New
Firestone Tire & Rub 2s/8S—1972
2.79
1
National
Bid
1
Kentucky Utilities 4%% pfd_100
3.40
Par
Grace
Par
Stocks—
Harbor Plywood
102
III
Elec
Cudahv Packing 2%s„™
Shares—
Trust
2%s—1977
Pow & Lt
Delaware
Trust
Fulton
Public
37%
12%
8.04
.2.50
Series 1956
75
16%
39%
10
21%
5
American
Cleveland
Series 1955
54 %
—100 1,205
29
10
23%
Recent
Shares—
Trustee
Amer
New
10
Fiduciary Trust™
First National Bank
4%
4
19%
—15
preferred™
Arkansas
E
72
Bank & Trust_20
Corn Exchange
33%
27
10
41
5
Bonds—
National
14%
3%-..
.
16.37
Unit Type Trusts—
40
15%
38
>
,
31%
—_2
Fire
(Paul)
SI Paul Fire & Marine
18.11
1
Inc
World Investment Trust—
52 %
20
Co
80%
12%
19-
10
9.65
1
Fund
Manufacturers Trust Co
Continental Bank & Trust—-10
'
<52
-
—10
( N Y)
(Texas)
11%
5
Globe & Rutgers Fire com—15
Great
Reinsurance Corp
3
_5.
Accident-
17%
.10
Fire
21.31
39
Commercial National Banx &
49
"77%
8.12
19.49
1
Investing Corp.
Ask
_—100
10
6.39
7.42
& trust Cos.
Trust™—
100-'"
1
_10
76c
1
Fund
5.73
Central Hanover Bank & Trust 20
-25
;
—
5
3s_
Ohio Public Service 2%s
Brooklyn
71%
"
18.91
5.84
5.15
35 %
7
6
68%
7.01
mrnrnrnm**
1
335
Indemnity Co
5
.
6.40
Stock Fund B_1
4.98
10
Fire.
Pacific
Revere
32
C
4.56
Bankers Trust
-
*.—12.50
Republic
29
B
Series
North
24%
350
37 %
23
——..©5
Pacific
48
Hartford Steamboiler Inspect-10
17.29
Series
13.33
Bid
•*
'
21'/4
47.00
12.21
22%
■
12
2.50
—
——
Northern
21%
44 V2
—5 ■' •*10%
:
■_
River—.,
Northeastern
97
11.77
Independence Trust Shares
Par
New York Fire.
21.09
Diversified
Manhattan Co™10
Bank of New York
100
New
94
10.88
20.45
14.88
the
Brunswick—di©;—1.40- -! 19 %
41%
Hampshire Fire
k
---10
New
Casualty.—
148
Kentucky
of
34
28%
45
10
'
Bank
5',«©
•
•
86c
Stk)—1
S-4 (Low^Priced com
Knickerbocker Fund
-
110
Corp_«
Stks)_l
S-3 (Appreciation com
43%^.
5%
"32
26%
Amsterdam*
143
Fireman's Fd of San Fran
106
—10c
Investment
Union Common
;
6%
26
-41.
»
Providence-Washington —10
1
13.63
K-l
28
(*
5%'
24
•lQ
Preferred
"2%
9.76
18.61
22.08
28.44
B-4
51%
"30
10
Wellington Fund
28.30
25.16
17.82
17%
Hartford
77c
Wall Street
27.08
23.06
31%
26
_4
(Detroit)—10
.
Fire
Thoenix
28%
21
•
•73%
48.75
Investors
Street
Union
Keystone Custodian Funds—
B-l
(Investment
Bonds)_„l
B-2
(Medium Grade Bds)„l
-•19%
48.75
•
new
Union Bond Fund series A_
13.91
13.61
«
/
29%
5
»
71
3.41.
44.00
State
28.97
shares
Group
Insurance
45%
20 "
©
50
Hanover
Amer Shares
Assur
Fidelity & Deposit of Md
20
Assn of Phila
—10
27.30
Trusteed Industry Shares- „25c
8.58
80c
1.02
14.94
Group shares—
3.10
25.37
Fife
30%
-
Fire
15.71
1
Standard Utilities
''
Institutional Securities Ltd—
28
Globe & Republic™
-l
Invest Fund
Russell Berg Fund Inc
Scudder, Stevens 8c Clark
Fund
14.61
"•
47
Group-—
Federal
20
l
Trading
(Geo) Fund
i
—*
10
Employers Reinsurance.
8.80
5
&
48
68
Employees
10.19
Glens
Sovereign
'
equipment
Steel
.
Incorporated Investors——21.78
Utility.*.
%»—;("
10
11.76.
9.30
8.03
10.73
-
-
r
7.93
8.08
—
49%?
10
10.51
7.96
Merchandising
66 %
General
5.73
Metals
5%^
70%
15%
York__™
—
Life.—10* -70%
of New
Crum & Forster Inc
8.71
14
-National Liberty
J2;
National Union'
North
7.31
7.45
Machinery
*"
63 %
11.14
9.59
'4%
67% •«*
& Shippers..—
13.30
7-95
—
13%
Casualty
National
.20
—
10.61
stock
insurance
35%
Mfrs Fire N Y
&
National
11.69
Boston
12.14
prefeired stock-
Electrical
Bankers
10.50
„
Diversified Investment Fund-
6.95
29%
American——
Baltimore
-4
97
32%
.■'!;
*-,27V'W-»:>'3r'f*
10.64
Corporate bond series-
11.22
7.65
9.99
10.06
10.67
Diversified
Merch
-New
9.18
6.98
<
—-
94
•
—
Automobile
9.12
Aviation
Bank stock™
24%
of North America—10
16
American Surety*
—
23
Merchant
12
14%
—10
_
7.34
Industrial Machinery shares™
-'15%
6.83
,4.19
6.10
5.28
|/ Institutional bond shares
9%
3.70
Series
shares:—
Administered
36%
8%
-
General bond shares*.———
Fully-
18%
34%
American Casualty—
New York Stocks Inc—
6.72
10.35
Electrical- Equipment———
Food shares——————
;
3.80
Stock
New England Fund
5.36
9.11
8.40
—
™
shares——-
Chemical
"
y©>ABwMeiaa» Automobile-—*4.——. -4-: <
5.76
Selected Group Series
Industrial
7.90
6.19
4.93
3.57
'.
Low Priced Com Stock Series.
44.99
5.51
7.28
—
—.
4.85
3.20
——
5
61%
7.98
4.38
————
Chemical
shares
Automobile
58 %
7.01
7.22
Series
Speculative Series
Group Securities—
Agricultural shares
Maryland Casualty common
1
Prior preferred—
.——.10
Convertible
preferred
—5
Massachusetts Bonding „_.*.
5
Agricultural
6.37
Series
Bond
Stock
Building supply
'0 Aviation shares—
Jersey Insurance of N Y—^-20
47%
5.18
Priced
Stock Series
6.78
41.84
S.14
Insur Co
46!(
45%
Ask
Bid
Home
Aetna
7.33
r.
Par
83%
48 Vs
6.67
,
14.93
5.90
shares A—2
Fundamental Trust
Ask
80%
Security Series-
Preferred
31 •
5.83
13.62
Boston
Bid
& flurety-
>
•
2.05
Corp
-—10
First Mutual. Trust Fund^.——5
Fundamental Investors Inc——2
First
shares
series.
Bond
25.31
Financial Industrial Fund Inc lc
69
Securities—
Balanced
15.88
*
——
30
67
'
100
14.80
Nation-Wide
25.06
23.44
—————1
Stock Fund
5% preferred.
Insurance Companies
27.20
11.51
Income
Fidelity Fund Inc
7.91
25.16
1
National Investors Corp
5.61
6.10
14.83- ( 16.03:
1.45
1.60
©f
7.22"
1
Investors 2d Fund
14.85
y
87
28
.
4.09
Mutual Invest Fund Inc
3,070
142
Eaton & Howard—■
85
;
Inc—^-
Common
4.05
30.11
28.00
Securities com—100 2,970
shares
Mass Investors Trust
Mass
Christiana
Metals
Manhattan Bond Fund
8.31
16.46
17.38
Century Shares Tru6t-->
Chemical Fund——
Ask
Bid
Common
4.92
1
3.70
4%a.—.——2019
Income
Cohv
101
8:16
4%
96.40
21.23
Canadian Inv Fund Ltd..—-.*-.1
1994
4.81
Petroleum
3 %
Bowling Green Fund InC—10o
Broad Street Invest Co Inc—5
Bullock Fund Lid—
Stocks-
Chicago Rock Island 8c Pacific-
4.78
3.71
92.54
19.64
Ask
99
4.65
4.34
•
5
of America
Tr
Inv
if issued)
4.87
Non-Ferrous
1
Co
&
Bond
Bid
.
ist 4s
3.86
4.42
Electrical
5%
5
Bonds—
Chicago Rock Islands- Pacific¬
4.30
Home Furnishings shares
Beneficial Corp——-«**—*—1'
and
as
96.91
10
(When,
Ask
Funds—
Automobile shares
Business
Equipment
•
Bid
*
Loomis Sayles Mutual Fund
Loomis Sayles Second Fund
5.38
4.03
Inc
Fund
Holding
Amerex
Reorganization Rails
Par
A«k
Bid
Par
Funds—
Monday, December 29, 1947
590
76%
11%
620
United States Treasury Bills
-
Rates
Obligations Of Government Agencies
Federal Land Bank Bonds—■
2%s Feb.
l,
Aak
Bid
1%S Oct. 1, 1950-1948™™—
1%S May 1, 1952-1950™
l%s Jan. 1, 1953-1951
99.28
100.2
97.25
98.24
101.8
1955-1953
98.8
99.4
Federal Home Loan Banks—
l%s Apr.
Bid
15, 1948
99.30
99.30
l%s Sept. 15, 1948
Ask
100.2
100.2
1961
Panama Canal 3s
121%
Bid
b0.85
b0.85
b0.86
b0.88
b0.90
b0.92
Treasury bill^-
1948
January 8, 1948.
January 15, 1948January
22,
1948
January
Other Issues
101.20
quoted art faff* dlicount M purchM#
123
2,
29,
1948
February 5,
1948
January
February
13,
b0.93
1948
Bid
Ask
19,
1948
b0.94
0.91%
February
26,
1948
b0.96
March 4,
Asfr
0.75%
0.75%
0.80%
0.80%
0.84%
0.86%
0.88%
1948
February
March
11,
March
March
18,
25,
0.91%
b0.96
0.92% I
b0.96
0.92%
1948
b0.96
1948.
b0.97
0.92%,
0.92%
1948
III
j-'
Quotalions For U. S. Treasury Notes
Figures after decimal point
lilt Bate
Matnrlty—, v
tSept.
tOct.
tJan.
Bid
;_1 % % 100(3186
15, 1948„_.
——1% 99.9827
I. 1948
1,
1 % %
1948
Maturity—
Certificates
*%s Feb.
t%s Mar.
of
100.0239
represent one
Ask©
.3528
Bid
more
Certificates
t%s
Ask
July
1,
t%s July
t%s July
tls Oct.
Bid
Ask
.9832
99.9551
99.9555
99.9558
Us Oct
tl%s Jan.
1948
99.9972
.0075
1,
a
1948 Series K
1, 1941 wi_
.9706
—
Odd lot sale
(not inehided In year's range).
Included in year's range),
(ndt included yIda year's
.9703
ill
w
i When issued,
x
eEx-interest.
range).
Ex-dividend,
bBld yield price,
fFlat price,
d Deferred delivery sales (not
kRemoved to Stock Exchange,
t Ex-stock dividend.
(Un) Unlisted
Issue,
w
r
Cash sales
d When delivered,
y Ex-rights.
.9709
99.9831
1, 1948 Seris J
.0063
.0049
nil
'.('(
™-___~ 99.9705
1948 Series F
1, 1948 Series G
1. 1948 Series H
99.9980
'
T
point
of Indebtedness—
t%s June 1, 1948
100.0007
a
Dollar Price 100 Plus
.9978
1, 1948
1, 1948
*%S Apr. 1,
32ds of
.0439
Dollar Price 109 Plus
Indebtedness—
or
Maturity—
.
y?
.9981
99.9837
100.0147
.9988
.0344
•No
dividend.
par
value,
tin
default.
iThese
bonds
are
subject
to
all Federal taxes,
fEx-llquidatlng
Volume 166
Number 4659
THE COMMERCIAL
&
FINANCIAL
CHRONICLE
THE COURSE OT BANK CLEARINGS
Sank
clearings
this week will show
incre&se
an
Compared \vitli^ a'year hgo.
Week Ended
Dec. 20
048
Preliminary figures compiled by US, based ^upon telegraphic .^iyices -Irom. the chief
cities of Ithe
country, indicate that for the week ended Saturday, Dec. 27, clearings
corresponding week last
inary total stands
1946.
at
$13,209,061,152 against $12,652,818,170 for the
At this center there is
Lancaster
'
•"
•
-
-c
1948
;,,
+ 27.7
529,213,925
488,417,216
+
836,000,000
589,000,000
317,936,541
+40.3
239,332,322
213,050,463
+ 12.3
267,000,000
.
:
-
■■'■•-A--.
San Francisco
212,700,000.
+25.5
277,492,000
Pittsburgh—
263,973,000
296,886,901
-
Cleveland.:
All cities, one day——Total all cities
$7,885,783,881
1,926,096,992
$9,811,880,873
836,591,095
for week-.—
issue of next week.
ends
2,840,937,297
Total
figures
are not
West
In
we
the elaborate detailed
able
are
ended
to
Dec.
For
that
statement, however, which
week
the
bank
week in
same
there
was
a
decrease
1946.
•
the week
as
of
the
there
was
loss of
a
aggregate
2<
-ZZZZZ
-IIIZIZ
totals
— __
13!
72'
——_
Seventh Federal Reserve
District—Chicago1,5.
-
*
10,6'
7,7
Z
I
4
_.
South
Terre Haute
_I_
6^6
__.
15,8
...
Iowa—Cedar
Des
an
64,4
3,5
Rapids
Moines
32 0
City
Z.Z
_
15,5
Illinois—Bloomington
improvement of 20.2% and in the San Francisco Reserve District of 8.8%
i',2
Chicago
835,1
Decatur
In the
following
we
furnish
a
summary
Peoria
bv Federal Reserve Districts:
Z
...
*•
Rockford
3(2
9^8
3)2
3^4
__
___
SUMMARY
Wedk Elided Dec. 20
BANK
1946
$
12 cities
-
Springfield
CLEARINGS
1947
Federal Reserve Districts
1st Boston
OF
$
675,523,677
632,040,747
9,421,732,301
10,310,488,722
1,062,341,599
Inc.
1945
or
Dec. %
York
New
Sd
12
Philadelphia
4th
Cleveland
5th
Richmond
8th
Atlanta
11
1,005,495,701
6.9
495,446,260
500,413,048
—
8.6
8,630,280,704
7,768,850,054
+
5.7
730,242,190
801,520,628
782,659,166
7
"
958,951,646
841,311,512
+14.0
686,880,772
"
480,989,416
454,206,358
+
5.9
338,927,215
10
14
727,980,747
720,580,321
+
1.0
523,909,887
-
967,750,271
+11.5
793,116,544
Chicago
—.
Ith
St.
9th
Minneapolis
Louis
—
"
"
616,947,022
557,438,870
+10.7
379,492,454
7
45
405,028,015
358,262,328
+13.1
253,982,455
"
516,439,291
538,488,872
4.1
327,650,389
318,066,705
6
44
322,025,020
267,800,804
+20.2
202,729,648
175,582*639
841,516,230
773,336,844
+
8.8
592,731,525
607,957*054
—
1.8
13,955,390,043
12,960,552,138
+
8.2
5,512,485,641
—
lath San Francisco..
lo
;
Total
222,127,639
10
ilth Dallas
Tennessee—Memphis
Illinois—Quincy
336,785,201
4
—
.
349,1C
352,360,078
17
—
10th Kansas City
1,078,8
Eighth Federal Reserve
District—St. Louis-
600,555,138
_
7th
(17 cities)
Missouri—St. Louis
Kentucky—Louisville
493,674,788
1,078,833,289
:
•
—
*•
6
—
■
-
44
*
$
+
*
2d
Total
1944
%
44
—
145,62
120,05
_
„
i
113
-
Oltles
17,108,308,253
17,427,201,350
7,961,662,648
7,359,153,389
Outside New York City
We
add
now
our
detailed
statement showing the figures
5,394,249,522
for each city for
616,94
.
Ninth Federal Reserve
District—Minneapolis—
Minnesota—Duluth
Minneapolis
St.
2,16
_____
(4 cities)
7,546
277,861
...
Paul
;__
North
Total
6^0
56 5
Bend
Wisconsin—Milwaukee
Sioux
register
111
_1_Z
ZZZ
Z
Mississippi—Vicksburg
Michigan—Ann Arbor
Grand Rapids
Lansing
Indiana—Fort Wayne
Indianapolis
\
8
~
Louisiana—New Orleans
(10 cities)
i
Z
■*;*«.
Mobile
the
group
27
~
:
Alabama—Birmingham
of
7-
^
Florida—Jacksonville
gain of 11,5%, in the St. Louis Reserve District of 10.7% and the Min¬
neapolis Reserve District of 13,1%. in the Kansas City Reserve District the totals
the
481
ZZIZZ
Macon
a
decline of 4.1%, but in the Dallas Reserve District
7J
.
Augusta
14.0%, in the Richmond Reserve,District by 5.9%
1.0%. The Chicago Reserve District1 has td
a
;
23
Sixth Federal
Reserve District—Atlanta-
Total
We
f.
.
Georgia—Atlanta
in the Atlanta Reserve District by
record
cities)
gain of 7.0%,
a
9.2%.
1:
Nashville
has to be* estimated.
1.8%,
(6
!
.
14
.
Tennessee—Knoxville
present further below
we
Outside of this city
clearings at this center having recorded
its credit
«
..
l
Total
cities according to the Federal Reserve Districts in
which they are located and from
this it appears that in the New York District
(including this city) the totals show a
decrease of 8.6%, but in the Boston Reserve District the totals
show an increase of
6.9% and in the Philadelphia Reserve District of 5.7%. In the
Cleveland Reserve
District the totals are larger by
and
Virginia—Huntington
appear
clearings for the whole country having amounted to $17,108,308,253
against $17,427,201,350 in the
958,
Carolina—Charleston
Maryland—Baltimore *
District of
Columbia—Washington.
4.4
+
give final and complete results for the week previous —the week
20.
(7 cities)
South
—70.6
inasmuch
cases
,
—
Richmond
available at time of going to press.
Accordingly, in the above, the last day of the week in all
g'
327]
*
Fifth FederalReserve
District—Richmond
by the foregoing will
We cannot furnish them
today,
Saturday and the Saturday
.
•
'
for the week covered
4'
•/
Pennsylvania—Pittsburgh
+ 27:7
$13,209,061,152 $12,652,818,170
*.
Complete and exact details
our
*
n.w
"Estimated.
in
30'
Mansfield
+26.1
.
205*
375'
Columbus
+19.4
$12,372,470,057
..
*
Younestown
Virginia—Norfolk
Total all cities, five days
7
_
___
+40.9
2,300,326,132
—
District—Cleveland-
Cleveland
5.1
$10,072,143,925
-
Other citiep, five days—
1,062,341.
.
Cincinnati
+36.4
.
135,235,470
•
cities)
Ohio—Canton
+ 43.8
201,620,517
190,598,043
...
Ten cities, five days..
11,477
8.4
+
206,419,486
*275,000,000
Baltimore—.
(11
314
1,404,
—i2i987j
Fourth Federal Reserve
+41.9
446.015,889
>
—
.■"•■ ;///
«
2 346
*
$6,714,604,755/; $5,257,43r,188
_
/1
3,51s,
...
Total
1947
Philadelphia.
kansas City
>
Delaware—Wilmington
.
Boston
1,017',OOO |
York
com¬
New Jersey—Trenton
Week Ended Dec. 27
Chicago.——
3 673
-n
Wllkes-Barre
Our
Clearings—Returns by Telegraph
■
„,
•
^
•
,
.
Philadelphia
Reading•
parative summary for the week follows:
tew York.*--
1,431,
_
8cranton
or
'942'
1*247^
Chester
in
week
same
gain for the week ended Friday of 27.7%.
a
-
Bethlehem
Our prelim¬
year.
Dec. %
District—Philadelphia—
Pennsylvania—Altodni* -L_y '
for all cities of the United
States from which it is possible to obtain weekly, clear¬
ings will be 4.4 % above those o.t the
tile,
$
third Federal Reserve
.
Dakota—Fargo—
South
95,373
Dakota—Aberdeen
Montana—Billings
3,219
Total
3,788
,
Helena
t
(7
the
8,295
*
*
cities)-
8,941
;
405,028
.
week ended Dec. 20 for four years:
Tenth Federal Reserve
Week Ended Dec. 20
1947
Clearings at—
First
Federal
$
Portland
1,936,307
-i
1944
$
+16.8
4,687,825
+
$
+
5.9
1,731,588
916,520
Bedford
1,282,697
2.1
538,339,844
2,206,245
—:—
894,551
3,925,511
'
+27.4
+
925,094
3,727,804
423,100,618
District—Kansas City-
Nebraska—Fremont
Hastings
51
1,322,086
2.5
1,239,025
671,088
Worcester
2,164,896
+
8.0
1,591,785
+14.4
6,083,396
Haven
Island—Providence
28,118,320
+
13,159,861
u
4,741,107
29,639,570
—-
10,067,327
30,938,800
+13.5
35,111,300
tew.: HamRshlre--Mancfcesteri
cities)—^—
£ ^l.^;^520,739 +
Z-
5,799,373
Wichita
i.
_
11,80
372,332,005
10,856,548
1,532,539
1,533,068
13,71
Colorado—Colorado Springs
■
9,570,090
344,6£
City-——*
St. Joseph
2,02
1,91
—
*——_——
4,631,598
6,303,672
Connecticut—Hartford
129,802,744
5,90
Missouri—Kansas
1,586,297
6,676,470
128,62
Kansas—Topeka
Pueblo
+33.0
4,536,632
22,734,806
2i,894,118
7,311,898
6,714,719
21,693,800
632*040,747
Total
19.612J00
(10 cities)
538,488,872
+
6.9
/
.
1,191,943
500.413.048
Dallas
—.
New
—
2,078,260
/
York
—
Rochester
——
Syracuse
Newark
(12
9,146,645,605
14,875,041
+13.9
11,110,651
2,228,332
+26.8
+33.1
+24.6
1,752,512
1,254,153
4.1
327,650,389
—
7,276,778
220,842,804
7,560,291
1,240,457
952,924
318,066,705
6,1
*
—i-*
Louisiana—Shreveport
1,812,327
+21.0
65,053,172
76,962,000
1,621,179
+14.0
1,134,079
1,742,585
+19.3
991,833
10,068,047,961
—
9.2
:
3,:
9,!
*
988,325
8,442,904,402
7,566,302,616
15,616,974
18,768,714
•
+
7.1
13,793,708
12,291,212
+21.0
8,944,511
7,126,488
13,350,777
3.7
8,636,563
657,284
9,292,080
760,647
—13.6
545,039
447,232
41,498,995
+20.2
59,134,299
57,457,190
—
+
30,071,986
(6 cities)
322,
..
Twelfth Federal Reserve
District—San FraAcisce
Washington—Seattle
31,015,762
2.9
44,866,428
8,630,280,704
7,768,850,054
—
——
Oregon—Portland
Utah—Salt
Lake
•—
—
City
:
San Francisco
San Jose
York
107,566,814
-
—
5.1
+
86,669,795
106,217,593
7.6
4,562,117
2,855,364
+46.3
75,162,873
84,013,632
32,968,104
Mi
—
55,952,637
+
4.7
35,860,055
10,347,410
+
5.8
7,918,141
8,066,394
+15.3
458,344,000
(10 cities)
New
122,626,967
4,507,357
9,298,043
—
440,228,133
11,335,382
4,926,978
9,440,919
10,016,750
5,128,152
8,896,230
5,940,310
358,617,262
8,104,916
351,110,000
3,394,872
6,501,184
2,425,026
6,281,716
841,516,230
;&rand Total (ll2 cities)
Outside
4,850,978
157,402,189
;10,950,139
—
—
Santa Barbara—L—
Stockton
:
Total
116,405,751
58,561,851
California—Long Beach
Pasadena;————
47,602,657
8.6
—
Yakima
1,075,409
cities)
7,803,063
217,128,382
7,620,333
7.4
10,608,184
6.6
+
12,861,686
49,876,584
Northern New Jersey
5,038,447
+23.3
—
308,131
27,1
Galveston
Wichita Falls_
81,041,392
20,093,548
;
Connecticut—Stamford
tew Jersey—Montclalr
Total
2,785,209
1,848,692
■
11,122,861
98,022,622
._
1.9
269,(
i
,
Buffalo
^ Elrnlra „_
y.Jamestown
0.9
+
York-
2,968,843
s
—
292,863
3,998,777
71,966,456
3,627,224
.
12,669,817
Binghamton
316,065
373,483
4,353,113
82,010,838
7.2
5,j
u_——
Fort Worth
787,765
495.446.260
.
Total
York—Albany
+18.7
Eleventh Federal Reserve
District—Dallas-
Texas—Austin
■
tew
+25.6
+
3,392,948
5.4
+30.7
,2,022,792* —24.8
675,523,677
Second Federal Reserve District—New
409,313
494,806
6,158,386
*
Lincoln
629,305
7,639,379
58
6,6C
—
435,372,27§
2,337,127
Springfield
(12
1,657,227
569,966,768
.
Lowell
Total
1945
Dec. %
4,786,189
Fall River
Rhode
or
Omaha
Massachusetts—Boston
New
$
Inc.
Reserve District—Boston-
Maine—Bangor
New
1946
'
.
1
773,336,844
17,108,306,253
17,427,201,350
7,359,153,389
7,961,662,648
+
4.1
+13.2
—
3.9
+
6.1
'
6,616,896
+
8.8
592,731,525
1.8
13,955,390,043
12,960,552,138
+
8.2
5,512,485,641
(1
607,957,054
—
5,394,249,522
■
,■
-
9,833,049
5,635,674
—
•/'
44
Toronto Stock
tabulation
The figures
received
not
was
Week's
Last
Sale Price
STOCKS—
-*
Preferred
*
Consolidated Bakeries
19%
19%
100
101
8%
8%
8%
83c
89c
89C
90
15,200
Con west
500
Cournor
8c
S'%C
4.500
1.50
1.67
27,200
8.75
*1
*
common
of
Toronto.
10
!0
!0
Scotia
;
—*
——*
—*
1
"A'L—;
Innes
Class A.j.
~
7c
Yellowknife.
Quebec.—T—__—
7%
50c
11c
35c
:
River
.
—
&
British
3.90
15,900
42 c
13%
11000
77c
S3c
7,100
6,000
B—
10%
1.46
1.65
-1
6%c
6V2C
7%C
-1
L
Lake..
43c
40c
43c
-1
41c
3.6c
60c
90c
-1
52c
52c ;
-2
Yellowknife—
19%
2,020
-
500
-
Dominion
Bank
'
Dominion
Coal preferred-—
25
19
19 V*
Dom'nion
Dairies
35
27
27
9c 13 %c
25c
14,100
3.90
i
72,500
22c
4.05
3,900
-
_J_
7.200
19c 22 %c
19c
v
7%c
7%c
28
27 Va
35%
7Vac
,
"
3,700
28
650
38
35%
475
38
Mines—
9 VaC 10 %c
27,800
17
21
6Vi
50
39c
38C
44c
44,200
17
,
38%
18c
31c
7.15
166
52c
19
11%
17c
2Gc
27c
Amphi
Crest
56c
56c
678
30,200
9c
7%c
13c
58', 700
Sullivan
El
1
Invest
__20
1
65c
60c
70c
57c
96c
297,650
21c
19c
26c
34,800
20
115
4%
Corp
1
Federal Grain
22%
22%
22%
985
98
98
34
3%
3%
3%
1,025
100
101
5%c
6c
7
7
7%
3%
3
?%
2.050
15
403
23
25%
28
2.215
Ford Motor
"A"
41
2%
2%
305
Foundation
Co
41
Mfe
14 %c
13c
16c
31,100
Fraacoeur
35c
35c
'38c
12,900
23
23
25
Aircraft—
preferred
.100
Frobisher
pr,
&
79 %c
65c
85c
2.20
2.38
2.530
15c
15 c
16c
9,500
150
*
11%
11%
12%
*
2S%
28%
29
85
,16%
17
180
8
8
100
10 %c 11 %c
4,500
*
41
Milton
6,995
0
18%
19%
175
—100
109
109
35
110 110%
40
Steel
100
41
3%
4'
16%
16%
105
5.90
5.85
6.10
12c
12c
15c
Gold.
Glenora
3 Vac
3%c
4c
39,600
3,500
,
'
Globe
Oil
God's
Laka
Goldale
59 %c
preferred
Edmonton
41
3.60
Callinan Flin Flon
41
6%c
6%c
6%c
2,000
Golden
1
44c
40c
46c
22.500
Golden
1
2.65
2.65
2.80
4%
4%
100
50
98%
100
68%
17%
27%
68%
17%
®
"A"
Foundries
63,195
—41
*
20
Go'.dcrest
5
3.60
Gold
Goldhawk
4,700
68%
70
Goodfish
18 %
1,390
28
225
26
26
26
Canada
Malting share warrants
41
50
50
41
11%
Packers
Gordon
170
Canada
Preferred
10
Northern
Mining
1
Goodyear Tire common
500
41
37%
37%
17
16%
17 Va
650
100
198
198
41
13
Mackay "A"
Grafton
&
Co
Perm
Canada
Mortgage
S S Lines common
Preferred
■Canada
Bank
Car
22%
22
—41
22 %
22% V
41
20%
20
common—
25
20%
41
Preferred
13%
16!
25
—
Drug
14c
18c
10,000
Natiopal
10,000
13c
15c
2.100
National
7,200
National
Sewer
11c 17 VaC
66,382
National
Steel
7%c
9c
25,000
National
27c
25,500
Negus
3%c
36
36
23
23%
11%
23
5
40
Canadian
Industrial
Alcohol
"A"
'Canadian
16
15
90
90
20
*
13%
13%
1,085
26%
26%
27%
260
*
80c
80c
89c
3.700
*
Locomotive
Canadian
16
100
Preferred
14%
*
Malartic
.
Canadian. Oil Cos common.
preferred
preferred—
Canadian Pacific Railway
25
;7 14
150
J. 100
100
5%
:
14
150
4,150
New
New
Calumet
New
Marlon
10%
10%
14%"
205
:
Canadian Tire
Carad'ati
19%
6,640
287
81c
12,475
30c
500
Noranda
15%
16
985
Norbenite
4c
5c
4.000
2%c
2,500
1
Castle-Trethewey
Hosco
27
Patricia
1
Cent
Porcupine
27
24%
45
2.60
2.80
600
2.75
1
Cent
Chartered
Trust
Research—;
Cheskirk
Bar
Class
Huron
20%
30c
42.905
1
Mines-,^-—
10
7c
8%
1.600
8c
26.500
5c
2.65
2.65
1
24c
24c
*
Knitting common
Malartic
1.25
Oils
WiHans
r
1.30
940
10
10
100
19%
19%
140
4c
•
1
4c'
5c
19c
2730
2.47
30.500
19c
2.25
Lake
1,000
:j
.
.
10,035
M'ning.
r
11
11%
2,085
4.70
5.05
11.'A
11%
11 %
110
1
.10
26
26%
<
14%
14%
: 14
13%
25
25%
1
5 VaC
r :
8
■
International Bronze Powders com..—♦
9%
•47c
Preferred
Internat'onal Milling
12%
12%
27
,26%
27
•
"A"—
29
29
101% 101%
100
com
v
'.-.V
♦
12%
110% 110%
32%
32
32 Va
Perron
300
Photo
v
.
5,200
29%
.—100
preferred
International Nickel of Canada
<
8,500
1.36'
1.41
1,280
17,500
4,500
4%
150
2.20
13.400
70c
78c
22,500
71c
80c •i
11.400
14c
16c
22,200
5c
5c
6c
14,700
11c
9c
12c
24,500
14c
5
—
,
122%
122% 122%
13
19
19
20
10%
12
1.135
9%c
«...
lOTa
10c
5.500
15c
14.900
92c
67.800
70c
48,600;
13c
11c
73c
71c
60c
—
Mines
56c
7c;
90c
b
7c
;
10c
—»
_—1 Bo
Mines
1.42
7c
'
12
——
1.65
44c
Porcuoine
3,000
9c
3C
500
15,600
54,200
85c
25
25
2,700
.
11c 13 Vac
12c
2.25
3.55
3,022
500
15c I6V2C
'
10
Powell Riyer Sh
21
Powe'l
warrants..
Rouyn Gold
,-»*>
U 39
39%
56c '
*W
'
.80S
625
82c
80c
T.
10,600 :>
39,110
40%
80c
80c
mm'mii
»ir
50c
53c
15
35,500
2.50 '
3.55
2.30
Peninsular.
Porcupine Reef—
25
13,700v
12c 15 %c
80c
Engravers
•
34,745
-
43c 4.6 %c
12c
•
1,015
8c
3c
fi
r
13,300
v
Ar&;:r
7%c
—-
Malartic—
Consol—
20,500
95c
.32%
;
1.42
——
*
90c
.31Vt"h ^1%
Tubes
Porcupine
3,600
14,000
23,700
,
4%
common
Pickle Crow Gold.j—
'
10c
1.97
2.10
Gold.
Piccadilly
4.450
34c
Pioneer Gold—I—a
195
,
6,500
4 VaC
35
..
7%c
4%c
4c
45 '
,„v
9,730
6c
30c
Pen-Ray Gold
10
52c
25
Metals
Paymaster
630
.
282,850
50c
31c
Cadillac..
Paramaque
87,500
8
9%
1,000
27c
40c
(1240)
Porcupine
'732
8c
4 VaC
16c
9c
Oils
Pandora
6,500
53c
Petroleum
Partanen
25%
5c
3,600
9,050
7c
7c
Mines—
7,145
14
25
90c
32c
Gold———„.
Pantepec Oil
110
14%
5c
29c
7c
Lake
Pamour
430
85c
Gold
Paca'ta
23
50c
Page-Hersey
40
20%
310
6,100
70c
Pacific
100
110
20%
110
|--i.l00
28
2.10
7c
Orlac Red Lake
5,000
85
2.01
78c
Osulake
50
32
50c
Oils.
Osisko
50
10%
Mines—.
Mines
Canada
Orange Crush—
25.490
28%
21%
Okalta
Orenada
80
475
16
28%
-
2,655
Steel
1«0
330
Preferred
—
13,185
Loan
8,500
47c
'
2,500
13,520
12
1.53
Ontario
11c
19%
l
International
13c
12
1.41
Gold.——...
O'Brien
16,000
—
12c
18%£ 23%c
1.45
Ontario
10c
18%
4c
—5
76
...
1,200
45
—
w
10
39,100
5.300
3%c
Gold—
200
48
7c
44%
Ord
preferred.
26
34c
60c
3%c
Inspiration
♦
1
4%
5
26
North Star Oil common.
36,150
32c
*
429
46
2-^c
29c
;
585
286
429
Oeama-Rockland
5.100
100
73
286
20 %C
20 %c
44%
4--4
72%
——
24c
Northland Mines
.56 500
common
Imperial Oil
Imperial Tobacco
Indian
90c
7c
—
Erie
paid.
380
1.40
O'Leary Malartic..—j.—
Omega Gold—.
jw
Omnitrans' Explor
.
45c
2.600
30c'
2,000
3.300
Xiuwyol! Machine A4—.L....• •
Inglis John & Co
;
__6
—*
-
&
16%
85
46%
Malartic
North. Inca
3,000
6c
!
20
10,700
3c
Mines
Northern
20.210
?0c
4—
16
40c
6c
Mines
Norseman
7,500
86c
7%c
6c
5,800
2.75
8%c
80c
29c
Imperial Bank
100
42c
1
"A"-
Cochenour
8,500
41c
"
Coastal
•
£'%
Chromium
Circle
1,108
11,650
140% 140%
.1
Gold
Cltralam
1.23
16c
7%c
41c
Bay Mining
20%
35c
4 VaC
Mining—
Norpick Gold—-—
8.000
4.90
"A"
19%
40c
Normet.al
200
12c
;
Gold—
Malartic.
1.46
"14c
11%
'
Hugh
25c
100
—
Mines..
Chesterville
Chlmo
j;
11
11%
!
2,925
Mfnes
Nipissing
7,750
10c
Yellowknife—
Hudson
Nib
N'chobon
100
34c
•
18%
Gold.—
Hunts
1.30
Chatco Steel Prd Ltd pref
Chem'cal
35
7%
30c
86c
•
5.600
24 %c
56c
Oil.
Howey
1.22
1.40
1
__1
Centremaque Gold
Home
Homer,
20
6,137
7%
21c
Dauch
2%
8.10
85c
6%c
Hollinger Consolidated
50
24%
*
"A"
&
2%
7.45
30c
Rouyn
Yellowknife—
44%
30
-
21%
Norzone
New
43
1—
:
16
Gold
New
8c
Highridge Mining.
Highwood Sarcee.
Hinde
Newnorth
25
6c
.4.—
16
5c
1,000
84c
—
23,000
32
Mines
20
10cM 11c
Mines
455
8%c
10%
Gold
14c
18%
Highland-Bell
150
41
Corn
Wirebound
Gold
Cariboo
"
185
13,020
7c
"A".
Bidlamaque
15
119
;
Mascot—i——:
Heva Gold
27,934
31c
17%
27
1.05
11
*—
63c
55 %C
c
2.05
52%
30c
\
1,275
16
Car.
1.03
2%c
Lake
1,000
— —
Mines;
52%
Gold—
Hedley
"
101% 101 Va
13%
14%
~
.
Heath
415'
""
Pipe
52 V*
7%
Gold
9c
58
Trust
20c
11c
Red
9c
Hosiery "A"
2.05
Gold
Headway
25
1,303
57%
19c
2
1.85
-
Carpets——
99
12c
preferred..
Preferred
4c
—
98
Grocers common^
5c
30c
Hasaga Gold
15
Long Lac
Mylamarque Mines......_
18%
Bridge
Farricar.a
245
?
41
Class A
8%*.
601'a
11%
i__41
Dredge J.
Canadian Food Products common..41
Harding
Harker
175
17
60
*
35
55
13%
16%
i.41
common...
Hamilton
Mosher
70c
Hard Rock Gold—
98
Brass
National
3c
100
12%
-25
15%
Halliwell Gold
125
*
Preferred
Morrison
200
11%
3%
100
43%
—
7
100
2,000
.
Halcrow Swayze
7
72%
...
A
72,722
Mines Ltd.
Gold—
9
16
Preferred B
20
Gypsum L & A
3,605
25%
20
Guayana
Gur.nar
1,565
23
20%
41
common
Celanese
22%
.20
A...................———.—20
Canadian
175
24
preferred———.—
preferred
Class
24
24
10
Convertible
Canadian
30
—41
Canadian Canners
Canadian
135
"B"
Canadian Breweries*——:
1st
25
13
42
Commerce
Cable
Wire &
Canadian
198
13
41%
50
—-—
Preferred
181,304
"
Canada
CSO
9
15%
Moore Corp common
14c
—
1,590
27%
Locomotive
17c
I
Preferred A
7,500
17%
35c
60c
"A"
Great Lakes Paper common—.——
6%c
17
27
20%
Porcupine
10%
-i
5 Vic
16
98c
3c
Mines
Grandoro
30
41
"A"
Class B——
11%
37,%
1,000
19,400
2%
1.03
—50
...
150
5c
2"c
7%c
75c
11c
13
5c
7.50
20c
Mines.
12%
21c
63
Corp
7%c
Mines..
Goldvue
10,500
25c
01
1.90
Porcupine
Goldora
26,500
17%
13c
45
100
Lake
53c
15c
15,840
1.99
2%c
11%
Lake
Red
16 %c
Mines
340
.
Canada
Power
Gold
Eagle
30c
1.75
9c
4%c
Manitou
30%
3.05
23c
1,915
57%
17c
Arrow
Calmont
30%
common
97c
—
Gold
Mines.
1
41
27,810
9
L±
Red
Montreal
6,524
Lake
Gillies
3.25
Monarch Knitting common
45
Yellowknife
2,935
2.85
"A"
Modern Containers "A"
140
103%
common
7%,
17 Va
Brick..-
Moneta
100
100
Wares
3%
10
7
7
Grain
Mining
22,900
9%
5%c
Midland & Pac Grain
3.000
2.20
1.50
2,000
5c
common
Mid-Continent
25
•*.<'
12c 13 %C
1.35
20
McMarmac
14c
Preferred
Giant
25
2.20
Mercury Mills-^
1,155
25
7,500
1.70
11,525
101,000
18,000
B
McKenzie
2.45
Bakeries
General
7,400
22%
23c
3.00
12%
McDougall-Segur
porcupine
12c
preferred
General
22
,100
32,300
2%c
i»'r-T-,H,rne
2.11
common...
preferred
5%
5%?f
~22
41
*
Gatineau Power
34,600
2.30
Gold...
14
100
v-
9 VaC
25c
Preferred
4,500*
^
23c
McColl-Frontenac
635
*
Fleet
185
,
210
5 %c
Fleury-Bissell
3,000
common
5
*
140
4c
...
320
—1
common
200
20c
Cement
47
.100
Kirkland
Products
6%
30%
> Preferred
46
-
8c
1.85
Mines
Class
:^235
335
1.45
*
2.95
Gold
McCabe
11,630
•
7
Preferred
645
49,500
23c
& Eastern
Massey-Harris
1,439
17%
4%
13 A
16c
common
4.25
17
common
6
3 Vac
preferred
preferred
4.05
46%
13%
30%
Bread
11,258
7,000
-
2.80
__
Martin-McNeely
25
3.95
4.10
6%
41
4 V2#
4%
3.65
17 %
Preferred
Federal
3.75
13%
1.27
13c
Maple Leaf Milling
Marcus
1,000
•V
,
29* 29%
1.40
Red Lake
Maralgo
12c
1.95
Red Lake
Manitoba
5,300
15c
•
8c
Magnet Consolidated
Malartic Gold Fields
30,138
67c
—
B
7,000
Campbell Red Lake
355
20
8c
Oils.
95
19%
—1
6c
41
1st
38 Va
19
19
.—1
....
Gold—,
6c
1
&
38
._25
1.60
1.26
•
30% 7-. -?1
—
MacMillan Export "A"
Class B
120
59C
1.45
6,500
-
2.90
Mines
Macfie
16
60c
50c
1.30
MacLeod-Cockshutt
Eng Electric "A"
F bre
Goldfields
Gold—
10,700
15%
195
71,000
13%
Yellowknife
Madsen
22,500
V.4
4c
11c
"A"
22,000
15%
Sol Gold
Class
M ils
27c
1,030
13
10
-
'
Hosiery
MacDonald Mhies
24,730
536
6c
..
1.23
1.45
1.81
3.05
9%
1,100
.
3%c
30%
1.68
8%
5c
16 vi
^
29%
...
8,200
2.80
100
50c
11,500
2.95
JA
15c
34c
1.70
6,500
12c
8%c
8%
—
8c
1.23
Lake
Macassa
19
56c
24c
1
—
Mines
Steel.
Eureka
5c
4c
Loblaw
Lynx
19
91/.,,
.
16
30c
Leduc Oil Co Ltd
Malartic Mines
Eldona
15
Lake
Calgary
30c
,
3,950
6.75
5c
5c
f>7
Long Lac
Lunward
3,085
71c
3.20
v
Gold—
Louvicourt
13%
6.50
Class B—
55,600
1
13
60c
2.80
*
Gold——.—
London
109,400
22c
3,000
8,700
—
6%c
Elder Mines
1,200
Products
Caldwell
70
1.00
6,600
15c
60c
Mines.^
Lexindin
Little
175
21
71c
——1
—1
*
..103
—0
105
26 Va
23
16 Vac
1
i,2ti2
90
23%
18%
21
41c
4 Vac
15 c
Cadillac—
cr Lingman
1,620 >
16%
25%
72c
—
—
Oil
Econom'c
2,500
17%
—II—1
19%
"Af'__._—
v
85
16 Vac
:
16%
Calder-Bousquet
10.
555
43
38c
4%c
^
13%
30 t Leni-ourt Gold__
,-i
_♦
jL
Eddy Paper "A"
7; 400
26c
Gold—,
17
"A"
5
53>
23 Vt
175
7,025
33,500
.
.
•„
Mining
Mines—'
V Leitch
25
40c
■'
Larder "U" Mines
10
1
Easy Washing Machine—
250
15c
Mines:
Eastern
100
19
11%
Donalda
East
45
17c
"BPL -—25
_43—_
Coal
*
B
Vi-
43
Chemlcak'pfd.. _$23.50
East
100
19
19
Steel &
Tar &
Falconbrldge Nickel
Famous Players.
Fanny Farmer.,
Burlington Steel..——
■
6%c
•
Laura Secord
155 f'J Lebel Oro Mines
105
Leduc-West
'
6.60
5c
h'*-j
—
3,130
"
.
27
IIIIIHo
pfdii—
East
1,053
52c
Domin-on
Dom:nion
East
100*
166 167%
52c
Scot Invest
East
594,600
7.15
38%
25
.
5
53
«
27
Duquesne Mining
5
18c
Dominion
Duvay Gold
6,845
X
*
21%
25%
*.
Foundry & Steel..
15,500
——
20%
24
M'nes
Wasa
T anaska
68,yo0
5,700
6.10
Gold——_
(1945)
Luz
32,380
20c
5c
Rowan
La
1.78
15c
6.10
Fortune
Lake
1,000
1.59
24%
Dufault
Lapa
3,010
80c
25 V«
10
preferred__^_
Dominiop Electrohome
L
Dulama
25
6'A
•'
50
21
6%
7c
1
0
1
41c
20 V*'
—j_
Dominion Stores
110
38
10 V4
*
*
53,600
"
21
19%
58c
Dominioi Fabrics 1st preferred- -—'—50
100
5c
pfd.
j_
11,310
64,300
60
Gold..;
Lamaque Gold
Lang & Sons
85,700 '
-
45c
15%
18c 22 Vac
19c
Leke Shore M'nes
-
4,600
<
44c
1.65
Lake
9,000
1,600
3,100
14%
„.
Like
-
42c
60
Lake
22,450 r;
63c
.,
11%
Dome
120
53,385
22c
(John) Ltd—
Labrador Mining
4,300
3,500
23%
44c
Gate
Labatt
185
.
•
9c
26
14%
1
Golden
Laguerre
1,113
V
29c 35 %c
42c
Kirkland Towns te
lOO
,,
4jc
75 c
-1
19,000
10
Canadian
Bums & Co
27
10%
10c
5c
Gold——
Red
26%
1.55
8c
10'/a
Silk- Mills..j
Hill
27
lOVa
Distillers
11%
20.850
8c-
Kirkland Lake
5,100
16,400
0
*
Gil
Buffalo
I6.V2C
58,200
!
45c
Kirkland-Hudson
36,500
—1
—j_.
Seagrams—
Diversified Mining—
21,550
33c
30c
Gold
Kirkland
2,250
20C
11c
28,300
Porcupine..
Ankerite
80C
15c
9%c
44,000
—
Buffalo
15c
65C
20c
"A"_——
Lake—,
3o
40c
38c
Gold
■
Columbia Forest Prod
Packers "A".——0
*
British Columbia Power "A"
0
Buffadison
10 %c
65c
14c
Dominion
B——i
Canada
30c
77c
1
Dickenson Red Lake—•
'
British Columbia
B
105
500
&c
3c
34c
Keno Hill
33,890
21c
—1
—
Nickel
Red
7c
3c
Kerr-Addison
153
1.0S
26 Vac
1
Mines
2,000
34,298
1,500
Mining
Kclwren
Kenville
85c
—1
—
16c
Kelvinator
503
150%
Discovery
21c
—
Electric
Dominion
*
50 '
5-^.-5
—1
Oil
American
Columbia
Canada
3%
,
21c
-4---J.,—--4-,
Dexter Red
19c
preferred.
British
V
Kayrand
200
1,1
1
—
4-
Leather
Detta
43 c 52 %C
—
British
Canada
3V4
—100
,
Class B—
Denison
j. -———"
Lake——
Red
-
100
20 c
% Brazilian Traction——.—
Burrard
11
14c 17 %C
22c
41
*
Brand & Millan "A"
Class
10%
'
-1
Mines.
Cord
Davis
,
10,500
43c
common
Persh .ng—.
Building
2,570
Davies Petroleum
13c
0
1
...
Mines
Bonetal Gold..———
Brantford
Mines
Mines—
50 c
—1
"A"
Sons
Gold
Kirkland—
Hats A preferred
Ribbon Corp
Buffalo
66,050
S7
3,000
2%c
14c
33c
.
85c
Aircraft--
Delnite
35c
14c
100
1
Bob jo
Bunker
3
—
Patr.cia—-i
D'Aragon
2,500
•
Bruck
16c
91%
3y,350
6%c
(1939)..
Johet-Quebec
'
1
Telephone—
British
12c
91%
4,750
two
6c
2%c
J M Consolidated
700
13%
43c
15c
Joburke Gold
67,317
24c
13%
57c
i
Mines
<" High
Low
13%
_
Mines—
Jellicoe
Shares
„
Pershing
635
13%
.
-rr-7\
Cub
2,500
7c
7
—1
Broulan
97c
*
Gas.^
Crowshore
14.000
30c
28c
6%c
50c
Croinor
5,500
7%
—0
Beaulieu
Belleterre
Class
50
82c
*
Explor.
Mining—-——
Crestaurum
10,600
6c
6c
9%c
Mining
K.i Bathurst Power "B"■;>' Bear Ex & Radium
Beatty Bros—
Class
Consumers
610
78c
28c
lie
Nova
Metals
9.10
65c
■;
8c
Montreal———
Brewis
5,200
24c
—5
"A"
B———
50c
"7c
'—
of
Bralorne
Class
38c
11%
of
Boycon
Jason
..
for Week.
.
Jacola Mines
200
1.10
17%
14 VaC
1,905
227
„———1
•
Bank
■
1.50
1.01
82 Vac
Homestead—:
33,500
31c
10c
Gold———.———T—1
Biltmore
500
1.50
2
Mining & Smelting.
Press
220
1
Bank
Blue
35c
17%
1.05
*
_
—
Consolidated
6c
.'A*
—w
Bank
.
Mines
Consolidated
55
69c
1
Gold^——
Electric
Bevcourt
58,500
13 %C 13 %C
Mines-
Bertram
7c
35c
Cadillac—T— ——1
100
50%
8.75
——
Steels——1—
Bidgood
Consolidated
20
.
1.60
—1
—
Bagamac Mines———.
—1
JBankfield Consolidated————-*----1
-»■
Cent
~8c
Yellowknife—
Berens
5c
*
-
—k,
Beattie
50c
—-—-—
common
Que—
Athona Mines (1937
[■ Bell
85
35c
*
*
■V Astoria
&
Consolidated
Consolidated
255
^
52
•———*
Argus Corp
vv' Bates
5c
—
11c 12 %c
11c
Warrants. ^——
—
Arjon Gold———
—*
] Armistice
Ashdown Hardware "A"—-—-—10
Ashley Gold & Oil——.
i
Base
Jacknife Gold
International Petroleum
'
■f;
*
11%
Par
20
"
4:
1
—.—*
Mines
Auto
International Uranium
—1—5
—
Mines—
Coniaurum
1,285
—1
Anglo-Canadian Oil
Anglo-Huronian
Anglo Rouyn Mines
Ansley Gold—
Apex. Consol Res—
Aquarius Pore
Aunor
Mines-
1,260
220
Yellowknife
V Aumaque
100
360
11
_
Amalgamated Larder-.
American Nepheline
Aubelle
Coniages
High
—
1.T4
Algoma Steel.——
v
:
20%
'
Alger Gold:
Atlas
Commoil
1
i7
1
*1' Atlas
Shares
Yellowknife
20%
9
—
Agnew-Surpass——
Akaitcho Yellowknife.
American
Colomac
17
>.
14%
11
20%
20
High
7%,
Sales
Range
of Prices
•ale Price
7%
Plow
Cockshutt
STOCKS—
'
Week's
Last
Shares
14%
—
19%
common..—
$1.50 preferred.—
Acadia-Atlant
"A"
Aluminium
for Week
Low
Par
••
Sales
Range
of Prices
'
Low
Friday
for Week
■Eanje-.v.
of Prices
Cochrane Dunlop common—
Class A—'
Sales
Week's
'
■
Sale Price
Par
for the week ending Friday, Dec. 19.
are
Canadian Funds
Friday
STOCKS-
week.
Monday, December 29, 1947
Funds
% Last
time for publication last
in
Friday
Area
FINANCIAL CHRONICLE
Exchange
Canadian Funds
Abitibi
&
Canadian
1
This
COMMERCIAL
THE
(2700)
5,300
.
Volume !^
:
'•
'
■"■■■:
•; -
^'•
"'•
*••*«
■
THE COMMERCIAL
4659■'
'
m
(
STOCKS—•'■■■"■Orr
-
Friday
Week's
Staled /;
Range
Sale Price
■
of Prices
L"
Power
Low
Proprietary
Punty Flour preferred.
13%
13
350
12,110
Mining
Regcourt
Gold__i._,
Gold
Riverside
Robinson
Class
Royal
72c
14,300
Southwest
12,774
14
13,315
Tcmiskaming Mining-.
Thayers Ltd preferred
L'c
8c
8%c
12c
15c
19c
24c
0
33
33
45.
25
8%
8%
15%
11c
11c
8c
River
Sannorm
" 18c
Senator-Rouyn
15 ; :
23,400
14% ;
15
170
45
210
9,461
10c
10c
11c
15c
15c
17c
1,000
13,000
16
16
200
60c
72c
1
60c
9
21
J
21
22
—100
48
48%
11c
1,800
1.01
1.01
1.15
3,200
2.80'
2.80
3.00
38,417
,15
14%
15
700
14%
14%
15
510
56c
55c
96c
5
15
15
15
.34,600
•v
65
_1
47c
46c
55c
164,800
12
325
350
"
OSick's
!,
Breweries
'___—9
V;f C--_—%i———
Silanco
M &
Silknit:Ltd
'
Co Ltd.
S
——1
common—
Silver-Miller
Silvcrwood
Mines.-,
Class' B
ili.iA
Dair
"A"_„
Preferred
27
:
140
22
21%
22
110
100
101%
101
102
55
45c
:45c
2,825
—
1
—
38c
50
38c-
42c
Mines
Stadacona
Standard
Chemical
Radio
Standard
Starratt
7
1,000
5,125
.4,150
5c
1.98
7,675
310
22c
-
14c
14 c
15c
1.87
2.08
60c
66c
2,300
26 %
26
26%
115
10%
10%
10%
50
3.50
3.50
3.60
8,965
5
5
16
44c
44c
47c
8,100
17c
21,100
13c
13c
18
18
10
65c
67c
4,326
U.
13c
13c
15c
5,500
Other
12%
12%
20
10%
10%
100
brokers
to
S.
Other loans for
U.
S.
10 %c
12c
3,000
53c
63c
6.600
Real
9%
10
5.565
Loans
to
10 %c 12 %c
7,000
Otner
estate
490
6.90
6.90
7.'20
613
Reserve
9
9%
9%
100
5c
—9
25%
25%
26%
11c
14,500
Grocers common
ll%c
14c
2,500
28%
28%
40
160
!
&
preferred—
Foreign
•York
-
340
116
4-
289
303
+,
5
+
—
190
—
Debits
90
interbank
35
10c
10c
9c
4-
20%
to
14
4-
and
+
170
+
49,160
—
14,434
590
+
4*
3
—
4-
256
—
—
accounts
Govt,
2.73
2.93
17c
21c
517
4-
8c
+
14
4-
knitting
9
16%
common
Toronto Stock
6,330
17
175
—100
16%
175
Below will be found
189
—
—
Exchange-Curb Section
Last
STOCKS
Sale Price
Par
Sales
;
Shares
Commonwealth
4-4% %
High
due
———9
24%
24%
Pulp & Paper com—9
100
85
85
95
370
175
175
175
25
6%
5,575
"
■
—
a
list of corporate Donds, notes,
OF TENDER
Inc.—
Page
1469
r v
.
,
Dec 29
2308
1.0R
110
315
18%
370
12%
12%
13
150
Canadian Vickers
2
400
2
29 %
——100
Panadian. West Lumber_->^_._—2
Consolidated- Paper
29%*
30'A-
144%
3%
3%
18%
n
18%
45.
Dalhousie
•
Oil
Disher 'Steel
■
Dominion
——
4S
5,675
31
5%
2% 1. 2%.
15
Cleveland GTaphite-Bronze; Co.,
25
Cooper-Bessemer
Dominion: Glass
rLl
Dominion. Textile new common
—
•
80
Eastern
•
__
_„
Donnacona* Paper
-■Dryden
32%
Paper
11%
350
21%
23%
1,140
30
3.10
———_9
•BEumberstone Shoe
9
common
—
1 lfr
v
2.85
3.15
23
59%
60%
Co.,
Ins.
Co..
Life
Ins.
Co.,
Life
Ins.
Co.,
Co.,
Co.,
Life Ins.
Life Ins.
■1"
Philadelphia,
Philadelphia,
Philadelphia,
Philadelphia,
Philadelphia,
Philadelphia,
Share
Railway—
pref.
(final)
$3
-
50
2,095
,
2565
2
1260
2
2317
1
995
$ per share
V.T.C—
V.T.C.__
V.T.C.
V.T.C—
V.T.C.__
V.T.C—
20
24%
25
26%
26%
32%
When
Holders
Payable of Reo.
2%
12-31
12-18
6-17
*50c
1- 2
12-15
t37y2C
1-2-48
Products, class A (quar.)
Lumber Co., Ltd., com...
Western
Westinghouse
Mills
B
com.
(quar.)
(quar.)
Carrier Corp., 4% preferred
Carter
(J. W.)
Co
A
5%
prior
preferred stock
stock
New York Power Corp.—
Dec
30
Jan
9
1-2
12-13
1-20
'500
2- 2
1-10
1-
2
12-17
22%%
1-
7
12-11
22%%
1- 7
12-11
50c
1-15
12-31
15C
(quar.)
1-2
12-19
$1.50
1- 2
12-15
—
(quar.)
___
60c
1-
2
12-15
80c
1-1
12-12
$1.75
1-1
12-12
*$5.25
1-
2
12-
*$1.75
1-
2
12-3
of America
Corp.
preferred
preferred
Corp.,
preferred
12 %c,
40c
com
1-
1
12-16
$1.18%
1-
2
12-16
$1.75
(quar.)
1-
2
12-16
(quar.)
37 %c
1-31
1-9
25c
1-31
1- 9
*30c
(quar.)
(quar.)
Knitting Co., Ltd. (increased)
common
1-31
1-12
320c
Central Aguirre Associates
1-31
1-12
40C
1-15
12-31
1-15
12-31
(increased quar.)
2308
Central
Coal
&
Coke
Corp.—
4%. preferred certificates of beneficial In¬
t
2308
terest
(liquidating)
______
Central
2417.
Central Electric & Gas 4.75%
Central Fibre Products com.
Dairy
_____—
$35.47
1- 2
12-15
59 %c
12-31
12-20
Products
pfd. A (quar.)
(quar.)—~__
1892
Central
Hanover
2422,,
Central
Illinois Electric & Gas.,
50c
preferred
4.10 (
preferred
4.10%
preferred
'-
1-
5
1-10
1-
5
l-io!.
1-
5
37 %c
(quar.)
Bank
1-10 <
75c
6%
2314
1-15
$5
2208
2310
1970-Dec 29
1-15
12-31
3
20c
J
bonds, due
1- 9
$1.25
2309
Ppnnsylvflpia W&ter & Power Co —
Ref. mtge. and collat. trust 3% %
2
12-16
;
'
preference
Celtic
1-
12-30
$1.25
.
Celotex
2555
'" „:
2307'
12-19
1-19
12-16
93 %C
preferred (quar.)
Cassidy's, Ltd., 7% preferred (accum.)—
This above payment clears all arrears.
7% preferred (quar.)
Castleberrys Food Co. com.—
2nd
12-31
12-30
preferred B (quar.)
(J. I.) Co., common (year-end)
5%
12-23
12-19
$1.25
VZo
7%
2
2
Inc;-—
preferred
1st
1-
1-
35c
ww—
Carreras, Ltd., class A ordinary (final)-.-.
Class B ordinary- (final)
6%
12-11
*40C!
Carolina Clinchfield & Ohio Ry. (quar.)
Carolina Power & Light, common—_______
Carthage Mills,
12-11
2
50c
Corp., Ltd. class A (initial)
Carey (Philip) Mfg. com. (increased quar,)_
5% pfd. (quar.)
Carnation Co., 3%% 1st preferred (quar.)
preferred
2
1-
20c
Cardy
$5
12-10
1-
75c
___________________
Co.
!
$1
(initial)
Shoe Co. (year-end)—
Capital Administration Co., Ltd.—•
$3 preferred (quar.)
Carborundum
3-18
$1
Co., new
(initial)
Metropolitan Ice Co*., 7% 1st mtge. bonds, due 1954__-Jan
T
Oak Mfg. Co., 10-year conv.-debentures, due 1955
Jan 15
7,860
'
69
Ins.
Life
1st mortgage 3 % % bondt, due 1961——
.—Jan. .1
Fullerton-Portsmouth Bridge Co., 2nd mtge. 4V2 % bds._Jan
1
50;
30
23
"
Paper*
-
Corp.,
-i
17
7-15
2207
4
»
»^Foethais-Oiltixi|—
International
n%
22%
*
32%
11%
"
__1D0 7
35%
2315
tlOo
1349
31
Chilean
3,068
31
1792
1
12-1
$4.75
:
series D, due 1962_Mar 1
Nitrate & Iodine Sales Corp.—■
v
*»
*'* '
sterling, income debentures
Dec 31
3,061
44c
2%
—'a
common
Bridge
,
Dec
1959
& Western Indiana RR.~
1st and refunding mortgage 4%s,
50c
45c
'*■
.
due
Chicago
19%
•
1996
1
4-15
Page
.
125
147'
Date
Ry!,!5% mtge. & collat. trust inc. bds., ser A_Jan
1
Bush Terminal Buildings Co., 1st mtge. bds., due 1960-Jan 15
Central Maine Power Co.—
'
V,,
1st and general mortgage bonds; series Mr due 1972_Jan
2L
'
*
common—
Preferred
5%
1687
1
tlOc
Celanese
Bolivia
6
•
-'Canada* Vinegars—__'■*'
Canadian Marconi ——i
1
•
107
18%
common——^
1
Preferred' ————————100
& 'Dom- Sugar———
PARTIAL REDEMPTION
18%
Brown Go
Can
*2004
*2004
1-15
Case
Date
—Dec 31
1949—
Company and Issue—
Algoma Central Terminals, Ltd.—
1st mtge. 5% deb. stock and bonds
—
12004
1-2-48
Class
55
Columbia
Preferred
-
1891
2420
1790
164.
-
Life
——_
f Asbestos Corp—
?'British
24%
Apartments,
bonds,
1891
*10c
Cannon
Company and Issue—
American General Corp., common stock
for Week
Rangeof Prices
Low
—.—Jan
XVol.
165.
(increased quar.)_.
Canadian Wirebound Boxes, Ltd.—
$1.50 class A
(quar.)
except
accounts,
NOTICES
(Week's
1890
*37 %c
6%
Canadian Funds-
Friday
IVoi
Company
non-cum.
Canadian
144
preferred and common stocks called for redemption,
Including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
which the details were given in the "Chronicle."
48
i
1890
,
Common
46
Notices
13,100
250
—
4%
Canadian
138
3,500
7c
2.74
2419
,
1
Manufacturers, Inc., 5% pfd. stock-Jan
in this Issue.
Pacific
Canadian Silk
24,912
265
—
preferred
Power
ref
525
5
24
1
1
t
DIVIDENDS
1,133
+
156
S.
2419
"
,v
(Continued from page 12)
1,438
1,388
deposit
2557
2102
2310
Common
541
Redemption Calls and Sinking Fund
70
127
7%c
—1
.
100
—
U.
2556
2308
.
54
10,190
demand
15
v
Cannon
2,278
97%
24
—i__9
Jan
York, Inc.—
862
+
19,100
97
mtge.
refunding mortgage
249
5,000
7c
127
1st
of New
402
4*
16,000
7c
9
1st
Co.,
2416
672
19
368
deposits
during week
19%
2554
U2142
15
3.223
4-
__—
20
Yankee Girl
Mines
115
257
—
except Govt
banks
27
7%c
5
Wright-Hargreaves——
Ymir
1,000
76
2,533
banks
Domestic
101
9c
Combing
Yellorex
•
8
974
+
—
15
Jan
Life Ins. Co., Philadelphia. V.T.C.__
41
Philadelphia-United Life Ins. Co., Philadelphia, V.T.C.—
51
Abington Bank & Trust Co., Abington, Pa
i
40%
First National Bank & Trust Co., Woodbury, N. J
81 %
Woodbury Trust Co., Woodbury, N. J
35%
Jenkintown Bank & Trust Co., Jenkintown, Pa
35
Oklahoma-Interstate
Mining Co.
$243 lot
West Virginia and Pennsylvania Coal Co.,
preferred
$251 lot
Wanamaker & Brown, Inc., common
$27 lot
Wanamaker & Brown, Inc., common.
$28 lot
Corday Liquors, Inc
1
$600 lot
10
—
banks
'
Wool
398
Interbank demand deposits:
36%
7-%c
20'A
ICO
1951
STOCKS
100
12,857
Banks
deposits adjusted
Government
26%
7%c
9
100
...
J)
Jan
Anytime
—
5s, due
7% pfd. stock
income bonds
Steel
Name of
deposits,
S.
Borrowings
1
T
and
Canadian
U.
95
.
1
Larder
(Alex
34
—1
Wiltsey-Coghlan
•Wingait Gold
Winnipeg Electric common
Surf
bonds
1st mtge.
Philadelphia-United
Philadelphia-United
Philadelphia-United
Philadelphia-United
Philadelphia-United
Philadelphia-United
Philadelphia-United
100
701
—
2554
Corp., Ltd.,
Shares
121
896
Time
101
100
Preferred
25
36%
267/8
9
common..
24
33%
25
9
A—__i_
Demand
20
14,000
9
Preferred
Winchester
11
20c
100
(Geo)
3,025
11
18c
9
Preferred
f"
+
17
15
Iransacted by Jenks, Kirkland & Co. (Barnes & Lofland Dept.), Philadelphia, on
Wednesday, Dec. 17.
100
4,214
domestic
leasehold
Co.,
Power
1885
Auction Sales
Liabilities—
2,690
9
Products
'Western
Power
•Announcement
4,000
1
Mines
-I—
1885
Jan
bonds—
Welsbach Engineering & Management Corp.—
Collateral trust 5s. due 1953_—
3.289
indebtedness
Federal Reserve
with
Balances
16
114
1
•
9
common
*Wekusko -Consolidated
Malartic
leasehold
United Merchants &
21
Cash in vault-
4.65
—
1
Co., 1st and ref. mtge. 6s, due 1957—Feb
Theatre Properties (Hamilton),
Ltd., 1st mortgage 5s
Jan
+
2,847
with
—
19
+
—
30,150
9
Jan
—
Realty
Telluride
1,367
Other securities]
Ltd..
1957
Jan
Co.)
American Refractories Co., 6%% debs, due 1959_Jan
Puget Sound Pulp & Timber Co., 6% preferred stock
Jan
Saginaw Shrine Temple, 1st & 2nd mtge. bds., due 1952_Jan
5
15
—
177
notes
U.
7,916
Ltd
+
3,429
bonds—
3.810
due
North
30
Treasury
1.000
6%
2.35
bonds,
Purchase money 4% bonds,, due
Niagara Falls Hotel Corp., 4%% mtge. bonds due 1950—Jan
224
—
2206
1,'49 2410
Power COi««Anytime
1949—
-—Anytime
10
—
I
A, due 2024_July
(New York Gas & > Electric Light, Heat
lst mortgage
5% bonds, due 1948
3,423
8 %c
S.
+
97
—■
403
—
of
—Jan
—
ser.
bonds, due 1967—
.Jan
i
A. B and G. due 1967—Jan
1
Corp., prior preferred stock
-Jan 15
Moore-McCormack Lines, Inc., $2.50 preferred stock
Dec 31
New Amsterdam Gas Oo.-l
1st consolidated mortgage
5s, due 1948——w_-^-Any timo
purchasing or carrying:
loans
6
5c
2409
1st & gen. mtge. 50-year 5%
& ext. mtge. bonds, ser.
J"
646
banks
2.22
10c
1989
Jan '' 1
1350
Ref,
Lefcourt
50
8%c
4.50
31
Jacksonville Terminal Co.—
25
Treasury
10c
1936—Dec
-
481
Is
660
4.55
Page
1
mtge. 5 % bonds, series A, due ,1950——Jan
1st lien & ref. mtge. 5%
bonds, due 1963-,^-Feb
1946
245
+
*331
16
1
2605
2216
....Jan
1st & ref.
pur¬
15%
>
Class
for
obligations
15%
9
2317
1
———
100
loans
1
Jan
,
100
bills ;
certificates
Gold.
1961
v
7s, due 1948——Jan
1
Corp., 4%% income conv. debentures-Dec 31
Forman Realty Corp., 4%
debentures, dated 1945
Jan
1
Great Lakes Power
Co., Ltd.—
5% general (closed) s. f. bonds
Feb'
2'• i
4%% 1st mortgage s. f. bonds; series
A, - due 1956—Feb ! 2
Indiana- Service Corp.—.
1 A;-:,,
3,880
securities
Other
6%
Walker-G & W
General
3,168
Government obligations
55c
.
2215
1
26
debentures, due 1958—2
Follansbee
+
Treasury
Mines...—:
Weston
dealers
5%
mortgage
Northern
3% %
+
securities
9%
9
31
Jan
debentures, due
due 1960
(Water-Wisconsin
Consolidated Edison Co.
175
95
——
1967
Date
mtge.
Electric Si
Commonwealth
158
41
—
due
preferred stock—Jan
bonds,
mortgage
general
+
48
Amulet
rWesteel
and
Government
2.22
Waterous
ref.
5%
Building
Canada
+
chasing or carrying:
Mfg_^
Vicour
Wood
Loans
9
Villbona
6 %
Butte
agricultural
and
48
.»
—
&
1st
14,619
industrial,
loans
1
-
mtge.
23,518
______
Commercial
25
Steel
"Viceroy
65,385
50
Canada- Mines...
Ventures
■
Loans—total
67c
1
Preferred "B":
•West
investments—total
9
Union
-Waite
and
Loans
9
——
debs.,
conv.
City Gas Co.—
lien
100
1
Exploration
Transcontinental
—Dec
3%%
Writing Paper Corp.—
General mortgage bonds, due 1961
Appalachian Power Co., 6% debentures,
Assets-
9
"A".
Dec. 18,
1947
1947
9
Elevators
Calif.—
1971
'American
6%
Dec. (—) Since <r
Dec. 10,
Dec. 17,
9
—
2564
Paper Co., Inc., 6% conv. notes
Power & Light Corp.—
Serial class A stock, optional dividend ser. of
(American Hair & Felt Co.) 1st preferred stock
1st
Inc. ( + ) or
dollars)
13,960
60c
t(ln millions of
2,000
1.94
9
1
W.
1st
1,500
1.80
215
9
10
1
9
9
Mining -a.
United: Fuel "A" preferred
P.
member banks follows:
5c
1.90
20c
2503
bonds, ser. A, due 1959 _Jan
Duqttesne Natural Gas Co.—
10c
550
42,200
80
15
California, 3%
Disinfecting Co., 2%.%>
Bankers
districts.
1
Works
due
3s,
of
Petroleum Corp.,
Atlantic
»
2.10
5
77%
78
1
United
'
10c
-9
United Oils
§
2.05
Mines
Gold.iJi
A.
reporting member
2.06
20c
Tip Top Tailors
Gold--
•Upper
950
67c 82 %c
Pag©
Jan
ENTIRE ISSUE CALLED
990
4%
Date
v
Company and Issue—
10
Borrowing decreased $103,000,000 in New York City,
$36,000,000 in the San Francisco district, $17,000,000 in
the Richmond district and $189,000,000 at all other re¬
porting member banks.
A summary of the assets and liabilities of reporting
Toburn
Gas
35
6%
1
Properties
Towagmac
7
97%
'
"
2,000
33
76%
4%
50c
Thompson-Landmark
'Union
10,000
5%
Co.
500
.
8c
33
,
73c
—.
Ltd common
Taylor Pearson preferred
Teck-Hughes Gold
Iron
...»
76 %
-»
^
Toronto
25c
,
8c
9"
1
Tamblyn
.Toronto
■'
97%
6%
25
——
Tombill
25c
__
1^
9
—1
1
1
...
Gold—
Thurbois
9
Oil
'
,
Co.—
233
—0
—
River Gold
Theatre
39c
—.1
Sudbury* Contact
Sullivan Consolidated Mines..
Taku
64c
1——9
"A"—
Steeloy* Mining
Sylvanite
60c
0
Steep Rock Iron———
Sturgeon River Gold
Surf Inlet
62c
100
'Steel of Canada common
Preferred
1.33
common
Gold
Olsen
1,34
0
1
Paving
7,600
1.35
common
Preferred
Standard
525
—6
< 1944»
39c
__
West
Demand deposits adjusted increased in nearly all dis¬
tricts, the principal increases being $170,000,000 in New
York City, $72,000,000 in the San Francisco district, and
'$64,000,000 in the Chicago district. United States government deposits decreased $256,000,000,
Demand de¬
posits credited to domestic banks increased in nearly all
16,900
18%
—9
—
75
reporting member banks.
i:
18
0
Co__—
Springer Sturgeon
18
"
1
MalartlC———_—:
Southam
18
mortgage
Warren
.
215
'.•%
26%
Gold...
Sladen
11%
93%
27
B—
Siscoe
11%
preferred...'—100
9
0
West
Simpson's Ltd
Class
:•
99%
9
——
V
12
-9
Dairies
Silverwood
■
:—--11
common
1,600
Commercial, industrial and agricultural loans increased
in all districts, the principal increases being $49,000,000
in New York City and $24,000,000 in the San Francisco
district. Loans to brokers and dealers for purchasing or
carrying United States government securities decreased
"$97,000,000.
'•
:
Holdings of Treasury bills increased $191,000,000 in
New York City, $70,000,000 in the Chicago district and
$257,000,000 at all reporting member banks. Holdings of
United States government bonds decreased $40,000,000
in New York City, $36,000,000 in the Boston district; $26,000,000 Jn the Chicago district, and $190,000,000 at all
105
11c
Shawinigan W & P common
Gordon—-—-
Pete—
domestic banks.
64,525
Shawkey (1945) Mines.-i.—1
Sheep Creek Gold.— i50c
Shprritt
2.05
Federal Reserve banks; $590,000,000 in demand deposits
adjusted, arid $517,000,000 in demand deposits credited to
100
134.
4.15
*
Preferred
2.00
1st
Union
$225,000,000 in loans to brokers and dealers for purchas¬
ing or carrying securities other than United States governcent securities; $368,000,000 in reserve balances with
685
.
15
44
1
i
4,500
>3.90
3.90
1
.
%C
130%
1
Gold_i__
2.00
1,445
in leading cities shows the following principal
changes for the week ended Dec. 17: Increases of $158,000,000 in commercial, industrial and agricultural loans;
275
21c
14
—50
Mines—-—
9
17 %C
14
—.100
"A"^————_—*
Scarfe.
4,000
hanks
22,200
..'•,430
16%
8c
St Lawrence Corp commpn.iui.——*
—
75
5c
The condition statement of* weekly
6,500
50c
24%
':
16%
„_
Gold
40C
24%
—10
preferred
27
4c
1 Condition Statement of Member Banks
15
10c
*
Roybar Ch.bougamau
1
Rupununi Gold_^a._—-—
1
Russell Industries common__^,^x—;—.*■
Paper
22%
26%
4c
50
15 %
___1
A___
22%
27
6,450.
9
common
Royalite Oil
Sand
45
American Cities
10
45
Oils_wi___^—44c
Antonio
22%
Transit
1st mtge. and collat. s. f. 5%
Southern Counties Gas Co. of
High
4,010
9
Lawrence
Low
;
32,500
,
1
—
Mil'-'U
9
—
90c
9
Bank—
% Preferred
Invest
60c
—
Gold—
Roxana
Southmount
82C
common..
Little
Scranton
9
12%
A—
Rochette
Grain
82c
60%c
73c
Silk
:Shares
/
1
12%
(1936)— i—,
Robertson Mlg
Reliance
1,000
v
'
R.chmac
of Prices
■
9
Oreille-—
~1
Go.d...,—;——
Company and Issu&—
Pittsburgh Coke & Chemical Co.—
lot mortgage 3%s, due 1964
•
9
;
0
;
_
for Week
Sale Price
'••.
————
1
^-—l
Gold:
Quemont
Sales
Range
-
5
common
Selections
Pend
50
47c
47c
1
•'!'•.'<!••• "y'-'.'i
Ontario Paper
&
Ogilvie Flour
Oil
1,000
-
51%
51%
____40
Quebec ManitoU
Queonston
15
15.
'
.
Minnesota
75
12
1.95 '1 2.15
;
Week's
Par
12%
Quebec Gold
San
(2701)
Last
High
9
Dome_^,">_-^_2.00
East
Canadian Funds
i:
STOCKS—
.---1
Corp
Preston
St
CHRONICLE
Friday
Shares
Par
Pressed
•
for Week
'
■
-J
•
Last
Reno
FINANCIAL
■■
Canadian Funds '
'
■
j'-"
'
■
r.
% '
&
'
&
Trust
(quar.)
(quar.)
(quar.)____
com.
(quar.)
l
.
-$1
3^%c
$1.02%
$1.02%
12-17
12-19
1-
2
1-2
'
12-19
12-19
FINANCIAL CHRONICLE
THE COMMERCIAL &
(2702)
46
:
!.••
C
Name of Company
V;.
.
per
When
Share Payable
,'/*'/•
$1.12%
(quar.)
1- 2
.
Central Illinois
_
Common
.
-
_
—
'
.
.
Central
"
of Rec.
12-20
4%
—
" $1 12w31 ..y* 12-18
Central Maine Power 3.50% pfd. (quar.)—87%c
1- 2 12-10
6%
preferred (quar.)
—
51.50
1- 2 12-10
30c 12-31 12-10
Central New York Power—
(
„
3.40% preferred (quar.)—
85c
3- 1 v Z-iU
Central Ohio Light & Power (quar.)
40c
1-15 12-31
Central Ohio Steel Products-—50c
1- 9 i2-2b
Central Paper Co.
(quar.)———
—15c 12-31 12-19
Special
:
.
10c 12-31 12-19
Central Republic Co. (year-end)———
15c
1-15
1- 3
Telephone Co. 52.50 pfd. (quar.)_—
62 %c 12-31 12-20
Central West Utility Co. (year-end)
S2
1- 5 12-15
Certain-teed Products, common (quar.)
15c
1- 9 12-22
Year-end
——^—
15c
1- 9 412-22
41/2% prior preference iquar.i
S1.12V2 1-1-48 12-19
4V-% prior preference (quar.)
$1.12V2
4- 1
3-19
Chadbourn Hosiery Mills, com.
(quar.)
5c
1- 2 12-10
———.
5c
1- 2 12-10
4%%
preferred (quar. )
- 56V4C
1- 2 12-10
Chain Store Investment Corp.—
■■■;.?
:
■
„
„
,
'
4V2%
convertible preferred (quar.)
54V4C
2- 2
1-15
Champion Paper & Fibre, common (extra)—
25c
1-10 12-26
$4,50 preferred (quar.)—$1.12%
1- 2 12- 5
Charleston Transit Co. (quar.)—
— ::
50c 12-31 12-20
_--.--.ii-——■»*-«
—.—$1 " 12-31* 12-20
Inc. (quar.)
5c
1-15
1- 2
Chateau-Gal Wines, Ltd. (interim)
$30c
1- 9 12-27
Chef ford Master Mfg. Co., common (quar.)15c
1-20 12-20
5%
preferred (quar.)
——-—
31%c
1-20 12-20
Chemical Bank & Trust Co. (N. Y.) (quar.)*
45c
1- 2 12-15
Chemical Fund, Inc. (year-end)
—
41 %c * 12-29 12-22'
Chesapeake Corp. of Virginia (year-end) —
75c
1- 5 12-26
Chesapeake & Ohio Ry., common (quar.)„_
,75c
1- 2 12- 8
3V2% convertible preferred (quar.)
:*.
87%c
2-1
1-8
Chicago Dock it Canal (extra) **——*>
$2
1-10
1--5
-Chicago Molded Products
,1**155c .. 1-10 12*20
Chicago & North'-Western Ry. Co.—
Common (year-end)
50c 12-31 12-12
5% preferred series A
$2.50 12-31 12-12
Chicago Pneumatic Tool, com. (year-end)-$1.50 , 12r30 12-17
$3 convertible preferred (quar.)
75c
1- 3 12-17
Chickasha Cotton- X)H. common (quar.).*....
25c 1-15-48 12- 9
(quar.)
.____——________—,
25c 4-15-48
3-'9
^
Common (quar.)
*——.
25c 7-15-48
8- 9
Chillicothe Paper Co. 4%% pfd, (quar.)
$1.12.%
1- 2 12-20
Christiana Securities Co.
7% preferred (quar,).-—***_*-***_*—.
$1.75
1- 2 12-20
Light Co., 4%% pfd.
Public Service—
preferred (quar.)
.
Central Illinois
-
Bolderi
—
Extra
<---
—
conv.
,
„
Name of Company
Consolidated Steel Corp.
$1.37 %
preferred (quar.),
Continental Bank & Trust Co. (N,- -Y.)—
Quarterly,
:
:
Continental Can Co;, $3.75' pfd. (quar.)-—A
Continental Car-Na-Var Corp:
Continental Foundry & MachineCommon
(Increased; quar.)
*
$5.50
12-26
5 % prior preference (quar.)
Continental Gin Co., 4%% preferred
Cooper-Bessemer Corp.,
Common
(quar.)
•
,
—
Products Refining Co.,
7% pfd. (quar.)
,
$1.31 y*
*
preferred,"series,1947 (quar.)
;3%%
Coronet
Corroon
Phosphate Co. (year-end)
Reynolds, class A (quar-)
—
12-15°
12-31
12-19
1-19
12-31
j
-
conv.
Co.,
pfd.
-
(year-end)
Co.
Sulphur
Transportation Co. (irreg.)
(year-end)
common
—
: '
liquidating
stock dividend
shares of $10 par common East
5
for each share held)
(increased quar.)_:
Fuel Associates—
4!/2% prior preferred (quar.)____
6%
preferred (accum.)
12-30
25c
Corp.
&
Magnesia
Eastern
Extra
V:
1-30
Talc
*_
(quar.)—__^^^_*_
$1.12%
$1.50
$1.50
—
6%
Massachusetts Street Ry.—
1st preferred A (quar.)
6%
1st
preferred A
(quar.)
6%
1st preferred A
12-22
,
12-15
1-16
r
•,
.
Gas
Eastern
12 %c
12-17
87%c
1- 1
12-17
BVfac
1-1": 12-20
$4,50
1- 2 12-23 i
25c
1- 2
10-29
$2% %: 12-30 12-20
$2
12-31
12-15
$10c , 1-2
12-18
40c
1- 2 ; 12-10
35c
1- 2
12-16
25c
1- 2
12-^17*
80c- , 1- 2
12-30*
50c
1-16
12-12
.
40c
1- 2
1-2
30c
1-15
12-17
30c 12-31 c 12-17
$2
12-31?A 3-15
$2
3-31
.■
,,
(three
Coast
Electric Co.
Eastern
12-17
- •<
12-31
11-29
12-22
12-31
12-15
12-16
Coast
First
12-19
:1- 2;*
1- 2
12-22
11-29-
12-31
12-24
12-31 • 12-24
12-31 I 12-24
12-31
12-10
1- 2 12-23
37%c.: 1- 6
12-20
37V2c
1- 6 ; 12-20
10c
10c
10c
75c
$2
Corp class A
preferred (quar.)____
Public Service—
$1.50
East
5
1-
Oil
Eason
3-19
1-
Texas
& W. N. C.
T.
E.
12-19
12-13
partic.
Non-cum.
Duval
*
12-13'"':
1-2-48 . v
1-15
1-26
r
:
3-19
-
;__!
Class B
12-19
3-31
,
DUplari C6rp.
Durham-Enders Razor
12-15
,
($-a)$62%0
(initial)—*4_---_-—4***—_* .
25c
12-31
12-10
Goods
Dunlop Tire & Rubber
5%: 1st preference
.
12-15.
.
12-31
5c
$1.75
90c
(year-end)
Common
Cornell-Dubilier Electric—.
$5.25 series A preferred (quar.)__**«,.*
Corning Glass Works, common (quar.)
3%% preferred series 1945 (quar.)
12-12
1- 2
3-31
10c 1-2-48
■
•_*;
Extra
Corn
__
—
(quar.)-—
Copeland Refrigeration Corp
$3
12 12*
1-2-48
. 1-15
1- 5
12-31
$1.13
,,$1
50c
25c
25c
25c
75c
75c
;
(quar.)
prior preferred
prior preferred
$3
'
(quar.)
12-12*
12-19
1-15-48
1-15-48
81V4C 1-15-48
$1.75
1- 2
75c
1- 2
Year-end
'
$1
1- 2
Dravo Corp.,, 4^
preferred (quar.)
•"
50c
1- 1
Dryden Paper Co., Ltd. (increased)
$25c
2- 1
Duke Power Co., 7% preferred (quar.).,
$1.75
1- 2
Dun & Bradstreet, 4%%
preferred (quar.)_ $1.12%
1- 1
.Dunhill International (quar.)_
—
25c 12-29
preferred (quar.)
Dow Drug Co.,
7% preferred (quar.)
Draper Corporation
(quar;)
2nd
$3.25
12-15
12-10 ;
12-17
12-17
'1- 3?
: -1-'. 2
12-29
.-12-29
.
2-20
'.$1.25 ,:1- 2 -
./
(quar.) /
—
common i
12-12
1-2
25c
Continental Insurance (s-a) ——i-*-**—
Continental Steel Corp. (year-end) *_**_—
Continental-United Industries
■
;;20c, '; 1- 1 '■
93%c' 1-2-48 '
5c
1-15
•
& Mudge,
Donnell
12-15"
12-31
1- 1
1- 1
30c
25c
Continental Assurance Co. (Chicago) (quar.)
Continental Baking Corp., com. (quar.)
.Share ■ Payable of Reo,
*
Ltd.—
$1 convertible class A (quar.) ^_4*__4
$25c
Douglas & Lomason Company (quar.)
7%c
Extra
1——
7%c
Dow Chemical Co., common
, :25c
$4 preferred A (quar.) ——$1
12-16
1- 2
25c
;
When
Per
v
(quar.)
Eastern
2- 2
•
1- 1
1- 1
12-20
$1.50 I 1- 2
$1.50-4,i 3-15
$1.50
6-15
12- 1
1-14
12-15
12-15
12-20'
12-20
fr
3- 1
6-1
9-. 1
1^15
of Wheat Corp. (quar.)
_•'
, 4^451
-7^15
Creameries of America (quar.)
Eastern Racing Association—
'• f-bm? I
Crosse & Blackwell Co., $1 partic. pfd. (quar.)
$2 par and no par value, common (quar.)
25c
1- 2 12-20
Cork-International, class A (accum.)
Cork & Seal Co. (year-end)—*
$1 preferred (quar.)
*
25c , I- 2 12-20:
Eastern States Corp.—
'v"
Crown Zellerbach Corp
-r.*.
—
$7 preferred A (resumed)
$1.25 4 1- 2 12- 1
Crum & Forster, common (quar.)
$6 preferred B (resumed)—*
$1
1- 2 12- 1
Speclai
—-^*
Eastern Steamship Lines, Inc.—
8% preferred (quar.)
$2 convertible preferred
(quar.)__—
50c 1-2-48 12-19
:8% preferred (quar.)
Eastman Kodak Co., common (final) *.*_*.^
55c
1- 2 12- 5
Crum & Foster Securities Corp.—
.
12-17
6%
Common
class A (quar.)v
30c
12-31 : 12-17
preferred (quar.)—
$1.50
1- 2 12- 5
Cincinnati Gas & Electric 4% pfd. (quar.)..
-• $1 v 1- 2
12-15
Special
40c
12-31
Easy Washing Machine Co., Ltd. (quar.)--—
$25c
1-2' 12-15
12-17
Cincinnati Inter-Terminal Railroad Co.—
<
a , . .
^.*
$25c
1- 2 12-15
class B (quar.)
-30c
12-31;?:' 12-17
4% preferred (s-a)
4 *•«., $2 2-1-48
1-17
Easy Washing Machine Corp.—
Special
40c fe 12-31
3-18
Class A (year-end)
—_*—_
$1:37%'.12-29 -12-20
Cuban American Sugar, common (irreg.)
50c
4- 1
■0 4% preferred (s-a)
$2 8-1-48
7-17
12-18
Cincinnati New Orleans & Texas Pacific Ry.,
Class B (year-end)
*
$1.37% 12-29 12-20
Common (year-end)
■
$1 1-2-48
•5% preferred (quar.)
—.—*
$1.25 ' 3-1
2-14
Eaton Paper Corp?, common (year-end) _—,
$1
1- 2 12-15
7% preferred (quar.)_•
$1.75
1- 2;V 3-18
5% preferred (quar.)
$1.25
6- 1
5-15
6% prior preferred (s-a)_____
75c
1-2 12-15
1%- preferred
(quar.)._i._
$1.75
4- 1
6-18
5% preferred (quar.) ■*••
*——
$1.25
9- 1
8-14
Ecuadorian Corp.. Ltd., ordinary (quar.)*—
12%c 12-31 .12-10
7%
preferred (quar.)____
$1.75
7- 1
9-17
Cincinnati
& Suburban Bell TelephoneEdison Brothers Stores—
v?
7%
preferred (quar.)
• $1.75 <
9-30 12rl7
Quarterly
—....—....
$1.13
1- 2 12-12
4V4% participating preferred (quar,)_—
$1.06%
1- 2 12-20
Cuban Atlantic Sugar com. (quar.)
:«4 50c
1- 2
12-17
?; Cincinnati Union Stock Yards (year-end).55c
1-2 12-12
Edison (Thomas A.), Inc.—
f5% " preferred (quar.)
$1.25
1- 2 *3-17
Citizens Water Co. of Washington
(Pa.)—•
Common
(year-end)
40c.
1-10 12-26
5% preferred (quar.)
> $1.25
, 4- 1
5
7%
preferred (quar.)..
$1.75
1-2 12-11
$4.50 preferred (quar.)
$1.12% ; 1- 2 12-10
Cudahy Packing Co., common (quar.)
15c
1-15
5
Citizens Wholesale Supply com. (irreg.) _—
$1 12-31 12-30
Elder Manufacturing Co. (quar.)
15c
1- 2 12-20
4% %
preferred (quar.)
$1.12%
1-15 12-18
6% preferred (quar.) >,——....
75c
1- 2 12-30
Electric Ferries, Inc., common (quar.)*
10c 12-30
12-19
Cuneo Press, Inc. (extra)-.
25c ; 12-31
5
City tee it Fuel Co. (increased quar.).—..-,
62%c 12-31, 12-10
6% prior preferred (quar.)
—
—
$1.50 12-30 12-19
Cunningham Drug Stores new com. (initial)
25c
1-20
12-15
City Investing Co.; 5%% pfd. (quar.)—___
$1,37%
1-1 ,12-22
Electric Power & Light. $6 pfd. (accum.)—
$1.50
1- 2 12-12
Curlee Clothing Co., 4%% pfd. (quar.)****
$1.12%
1- 2
12-31
Cttv of Paris Dry Goods— .... 7 j:/,;? •„ V,
.
-vl-'■ -'>3$..
Curtis Lighting, Inc.
25c
1-15
$7 preferred
(accum.)
-—
$1.75
1- 2 12-12
i% 1st preferred (quar.)
.....*
$1.75
2-16
2-10
Electric Products Consolidated (quar.)
20c
1- 2 12-19
Curtis Publishing Co.—
5
City Stores Co. com. (quar.)
30c
2- 2
1* 5
/Special ;
■
200 ; 1- 2 12-19
$4 ($3 cum:) prior preferred (quar.)
75c 1-1-48
12-18
Class A (quar.)
.....
30c
2- 2
1- 5
Electric Storage Battery (year-end)
75c 12-31 12-15
Curtis Wright Corp., commons——
25c
12-31
12-18
Clark (D. L.) Company (year-end)
....
75c
1- % 12-19
Electro Refractories & Alloys Corp.—
;,
Class A
$1
12-30
12-16
Clary Multiplier Corp.,
common
7%c 12-31 12-15
Cash dividend (quar.)
—*—
17%c , 1- 2 12-22
River Mills, common (year-end)
$1.75
12-29
12-16
SYa % preferred (quar.)
6%c
1-2 12-15
Electrographic Corp. (stock dividend)
7%
12-30 12-15
4%%; preferred (quar.)*
$1.12%
1-1
5
Clearing Machine Corp. (extra)...
,$1.50 12-31 12-16
Elgin National Watch (quar.)
15c12-22 '-'12-. 6
Cbrp., common.-..-*.—
*___
25c
1-15
Cleveland Builders Supply (quar.)
50c
1- 2 12-20
Extra
_'_**—__—
——.
. , 50c
: 1- 2
12- 6
3%% preferred A (quar.)
933/4C
1-15
Cleveland Co-Operative Stove
—
25c
1- 2 12-24
Elliott Company, common (resumed)25c 12-31 12-15
Darling Stores, 6% preferred (quar.)^
37 %c
1-2
12-13
Cleveland Electric Illuminating Co.
5% preferred (aunr.)
62y2c
1- 2 12-26
Davega Stores Corp.
(s-a)
*-—
50c
1- 2
12-13
$4.50
preferred (quar.)
.....
$1.12% 1-1-48 12-15
Elmira & Williamsport RR. 7% pfd. (s-a)__
$1.60
1- 2 12-20
Extra
;■____■*
$1
1- 2
Clinton Industries
(monthly)
20o
1- 2 12-15
EmersokDruff Cp.. 8% preferred (quar.)^*.
50c 1-2-48 12-15
Stock dividend fone share of a (new) 5%
Clinton Trust Co. (N. Y.)
(quar.).........
25c
1-2 12-19
EmersonNBlcctTTn Mfg. Co.—
,
V
preferred stock $20 par, for each four
-Clinton Water Works, 7% preferred (quar.)
$1.75
1-15
1- 2
Common^(increased quar.)
25c 12-31 12-15
shares of $5 par common held]_*_____
12-31
12-23
20c
12-31
12-15
Clopay Corp.
(quar.)
—
17%c
1-10 12-26
Davenport Hosiery Mills, Inc. (year-end)
$1.75
1- 2
12-15'
Cluett, Peabody & Co.—
7% preferred (quar.)___
$1.75 /, 1" 2 12-15
David &' Frere, Ltd. Class A (quar.)*—$25c
12-31
12-15
preferred (quar.)
—......
$1.75
1- 2 12-19
Emerson Radio & Phonograph (quar.).—.
25c
1-15
1-5
$50c
12-31
12-10
4%
2nd preferred (initial) <.——..—u.
86c
1- 2 12-19
7% preferred (quar.)
—
$1.75
1- 2 12-15
Davison Chemical Corp, (quar.)_
25c
12-31
3
-Clyde Porcelain Steel
—
'
5c 12-31 12-20
Empire Trust Co, (N. Y.) (quar,)
-Z
75C
1-8 12-19
Day Mines, Inc. (initial)
10c ; 1-31; ; 12-15
Coast
Counties Gas & Electric Co.
Employees Credit Corp., class A————
25c
1-20 12-31
Dayton Malleable Iron Co., common
25c
12-26 ; .; 12-15
4%
pfd. series A (quar.)
25c 12-31 12-11
Class B
—
25c
1-20 12-31
5% preferred
(quar.)
—
$1.25
1- 2
I2rl5
Cohen (Dan) Co. (quar.)
—
——
25c
1- 2 12-19
preferred (quar.)
—
20c:4 ; 1-20 12-31!
Dayton &;Michigan, RR., &% pfd. (quar^t**_
. $1'
1--3
1-10
Colgate-Palmolive-Peet, com. (extra)
$2 12-23' 12-11
Emporium Capwell Co._._!
—500
1- 2 12-19
Dayton Rubber Co., common..,
30c ■ - 1-26
1-10
$3.50 preferred (quar.).
87 %c 12-31
12-10
Derrick & Eouipment—
,1 ; ' .'
Class A (quar.)
50c • 1-26
Colonial Mills. Inc. (quar.),
25c
1-16
1- 5
Common) resumed)***__—_—__—_—_—
25c
3-15
2-20
& Securities Corp. of Canada—
'
12-22
Colonial Sand & Stone (quar.).
10c
1-22
1- 6
44^ convertible preferred (quar.)*_*_*—*
$1
1-25 12-31
5%
preference (s-a)—
$$2.50 ' " 1- 2
12-16
Colorado Fuel & Iron, common (quar.)
25c 12-31
12- 1
4% preferred (quar.)___._
——
*tt\- 4-26
3-31
Records, Inc. (quar.)
25c
12-30
12-15
'Columbia Baking, common
(quar.)
37%c
1-15 12-15
4% preferred (quar.)—
—
$1
7-26 ; 6-30
Decker Manufacturing Co. (quar.)
•
5c
1-5
12-17
participating preferred (quar.)
12 %c
1-15 12-15
4% preferred (quar.)
$1 1-25-49 : 12-31
Dejay Stores, Inc. (quar.)
15c
1- 2
Participating
:
37%c
1-15 12-15
12-10
Endicott Johnson Corp., common
40c 1 1- 2 V 12-22
Delaware Power & Light, 4% pfd.
(quar.)_
$1
12-31 - 12-10
Columbia River Packers Association, Inc.—
Extra
50c
1- 2 ?s 12-22
3.70%
preferred
(quar.)
92 %c
12-31 . 12-15
Year-end
$5
1-10 12-20
4%
preferred (quar.)
—
$1
1- 2 12-22
Delaware RR. Co. (s-a)
$1
1- 2
Columbus & Southern Ohio Electric
...
70c
1-10 12-26
12-20
Equitj* Corp., 20c preferred (s-a)
10c
1- 1 12- 5
Tire & Rubber, common (quar.)
10c
1- 2
Combusion Engineering Co. (year-end)—1*1
$3
1- 8* 12-26
12-20
Mfg. Co.
(extra)
10c
1-15
1- 2
10c
1- 2 > 12-20
Commercial Alcohols, Ltd., common (quar.)
t5c
1-15 12-31
Packers, Ltd., 5% 1st pref. (quar.)—
t62'/2c
1- 2 12-15
5%
preferred (quar.)
*_
12%c
1- 2
12-24
8%
preferred (quar.)
tlOc
1-15 12-31
Insurance Co. of America
10c
1-10 ,1-5
Pinna (A.) Co., class A
5c - 1- 2
Commercial Credit Co., common (quar.)___
„
50c 12-31
12-8
12-24
Products (quar.)
12%c 12-30 12-19
6%
convertible preferred
15c
1- 2 "; 12-19
25c
1- 2. 12- 8
Extra
*.*** '.
50c 12-30 12-19
Derby Oil Co. (year-end)
25c
1- 2
3.60%
preferred (quar.)
90c
12-31
12- 8
12-16
Everel Propeller Corp. (year-end)_.
25c 12-31 12-22
Detroit & Canada Tunnel Corp. (year-end)
75c
1- 5
Commercial National Bank & Trust (N. Y.)—•
12-22
Eversharp, Inc.. common (stock dividend)—
2%%
1-15 12-31
Detroit Edison Co.
30c
1-15
Quarterly
—__
50c
1- 2 12-24
12-15
'J
5%
preferred (quar.)
—25c
1- 2 ,12-16
Detroit Harvester Co. (quar.)
12%c
1- 2
Commonwealth Loan (Indianapolis) —
12-19,
Ex-Cell-O Corporation (quar.)
65c
1- 2 12-10
Detroit Hillsdale & South Western RR,.(s-a)
$2 : • 1- 5
4%
preferred (quar.)
$1
12-31 , 12-15
12-19
Exchange Buffet Corp. (stock dividend) —
Detrolo Ihternational Bridge (quar.)—
20c
1-1
Commonwealth & Southern Corp.—
1One share of Longchamps,' Inc. for each
*;
.!'
Detroit River Tunnel (s-a)
$4 1-15-48
$6 preferred (accum.)
$3
1- 2
12-12
1-10
share held
-—
1- 5 ' 12-23
De Vilbiss Co
*_i_*,-***.
25c
.1-20
Commonwealth Water Co.. 5%% pfd. (quar.)
$1.37%
1- 2 * 12-11
11-29
Exolon.Company (extra)
. 15c
. l-fl5
12- 8
& Raynolds, class A (increased quar.)
50c
1- 2
Commonwealth Water & Light Co.—
11-29
Fairmont Foods Co. com.
50c ! •11- 2 12-13
Extra
;
^_«*
^30c
1- 2
$6
preferred (quar.).
$1.50
1- 2 12-11
11-29
4% preferred
(quar.)
——
$1
1- 2 o12-13,w
Class B (increased quar.)
25c
1- 2
$7
preferred
(quar.)
$1.75
1- 2
12-11
Family Finance Corp.
'V'il ^ .
Extra,
15c
1- 2 / 12-20
Connecticut Fire Insurance (extra).*
$12.50
12-30
12t20
Common (initial cash dividend)*-**—**»
30c 'I1 2 12-19
Connecticut General Life Insurance—
Diebold, .Inc. *_____*__*__..__^4—
'.25c ' 12-30
■4%% preferred/series A (quar.)*__-*i—! ■;
BO'Ac* :- • 1- ^ 12-19
Disney (W8it) Productions, Inc.—
",V
-,' v
(Increased quar.)
!
!__
40c . 1-2
12-20
12-13
Farmers
& Traders' Life Ins." (Syracuse^'-': - V V r?
■'
:6%-. convertible'preferred, (accum.).**---*- ^.$7%Cv.:-'-i*. 2. •/ 12-10
Special
40c
1- 2
12-20
::
.'N: Y > (O)iar*) —1-—————--i
- 42.58 - t-2r48 ; 12-18
(Henry) Ar Sons (quar.)
;75<r"", 1- 2 12-15
Connecticut Light & Power (year-end)
1 $1 : 1- 2 ' 12-15,
Quarterly "
**
—
——
$2.50{ 4N1«48 .3-16;
District Theatres Corp.. (quar.)_*
—*x.
*.
20c
1- 6
Connohio, Inc. (year-end)
.1.1._
20c
1- 2 ,7 12-20
l-io,;
Fashion* Frocks. Inc, (quar.):
15c* ' ;12-29*' 12-17
Divcc Corp.'(quar.)
Consolidated Bakeries of Canada Ltd.—
*
.. . 30c.
1-30
12-10
Fashion Park, Inc. (quar.)___*—_________
50c
;2- 1
1-15
Quarterly
$25c 1-2-48 1 12- 5 r Dixie Cup Co,« class A (quar.)62%c . 1- 2 . 12-26
Qua-rterly
v:50c -;;:'5;5-v l;:;'! ;'-4-15Dixon (Joseph) CrucIble.Co.-_4'—-----—---- '
Consolidated Cigar Corp. (quar.).
50c
12-31
12-15
$1:1- 9 .. 12-30
T. Quarterly
50c»* * *8—! 1 . . 7-15 ^
Consolidated Diversified Standard Securities,
1
„
*. ■PpmcrMines? Ltd.-4-4*iji4**_44-*44i*4*4**-,': ' $25c.
lr3Q • 1-16
Faultless Rubber Co* (year-end)
.
50c- ,' li 2 . 12"l5
Ltd.. $2.50 non-cum. preferred (annual)..
J$1
1- 6
11-29 ; Dominguez Oil Fields (monthiv)--_*_*_*__u15c
1-30 12-29;
Federal Bake Shoos, Inc. (vcar-end)***-^*15c;/ 12-31 ; 12-10
Consolidated Dry Goods Co..™
25c * 1- 2
12-24
Dominion Coal Co., Ltd: 6% pfd/ (accum.)*_
$37c
1-31,
Federal Grain,' Ltd,;*:6%'%:'-/pfd;v/(accum.)i*/$$2^/-* 1^.3.?v-;127l$:y,
Consolidated Edison Co. $5- pfd.. (quar.)
,
$1.25
2- 2 . • l-"6 , Dominion Dairies,. Ltd.—.
J,
Federation Bank & Trust Co.
(N.- Y.)—- f:
!
12-31;
Consolidated Gas« Electric Light & Power Co.' - •.•■w;;^ v ? .v-«
Reduced quar,
;
12%c • 12-30 , ; 12-18 ,
5%
non-cum, -preferred; (quar.). j^|5
(Bait.), Common ' (quar,)
; " 90c
1- 2
12-15 ! Dominion .Fire Insurance (Toronto) <*-a)Ut$3 ' V I- 2:? 12-15
Fehr- (Frank) Brewing"cam.;•—
i
' 6c;; / 11- 2 * 12-15 -■
12-10.
4% preferred C (quar.)
, "
$1 : 1- 2
12-15
Dominion Foundries & Steel, Ltd.. (quar.)_
$35c 5 l- 2 -. 12-29:
6% preferred (s-a)
. 3c"
* -1<-;;2" /12-15
4%% preferred B"(Quah)_X.--.--.l..-.-.;. $1.12% :
1^ 2 12-15 ^
Glass' .-Co., Ltd,, com, (quar.)
•- » - -1256
' .1-15! - 12-29
V
Participating
6C •. <ll»'.2 _ 12-15
Consolidated.. Gas Utilities " (quarr) *rj_'_II^«. ! .12%6 . ; 14 2 , 12-16•; Extra __—,__4
!
__1
$40c
1-15 : 12-29.
Felin -.(John..J.) A: Co. (cash dividend) —*$6^".» 12-29 '12-26
Consolidated Grocers Corp., common (quar.)
25c ' 12-31
12-10
Stock dividend."• *'50/___*•*( •) 12-26
<:7% preferred •,(quar.)u—*___-_-r
V $35c
'1-15 12-31
•
'
4*—i*
(quar.)
Monday, December 29, Boldere
1947
.''
•
; - ' <
Name of Company
of Ree
Co. (year-end)—40c
1- 9
(Toronto) (quar.)
,
$$2
1- 2 .
Consumers Power Co.—
■
,4 :
' ■
> :
$4^50 preferred (quar.)*
$1.12% - 1-2-48
Container Corp. of America—
•
/
4% preferred (quar.)
4
-ii.—, •
> $1
3-1
Extra-
_.
Share Payable
-
■
.
-
Bolder i
When
.:
Consolidated Textile
Consumers Gas Co.
„
Chasers,
•
pet
-.
Ltd.
Cburtaulds,
(interim )*>_—™I**4u*—
Covered Wagon Co.
(quar.)
L.), Ltd.
(R.
Crane
(liquidating)
-
*
Cream
,
•
Crown
Crown
Common
_____
$1.50
$4
$1.50
$1.50
preferred B (accum.)
6% preferred B (quar)
:
6% preferred B (accum.)6%
.
-
9-15
2- 2
5- 1.
8-2
.
,
'
,
•
?
,
Bonus >
Common
*—*_*____—
__*__
•
,
—
r
12-18
,'■
—
.
—....
■
**
—
.
'
:
—
1-
.
1-
1-
-
:
12-
.
,
Dan
1-
Dana
5
1-
12-24
____
—.
f
V
-
-
—_
v
,
Bonus
'
*—_-___.
——_—
1-
,
80c
Emsco
Debenture
,
Decca
50c
'
■
Denman
Ero
Extra
*.
Essex
Essex
De
'
Evans
—
Extra
——
_
f
*
5
/
___
—
Devoe
■'
■
_:
11-29
,
.
*
...
....
•
.
Disston
:
-
*
-
.
•:.
/
v
.
,
.
.
•
>
:♦
Dominion
* -*«
-
-
*
,
.
;
"'
'
5%
preferred
/
(quar.)*.—$1.25 12-31 v 12-10,
(quar.)__.__*
25c : 12-30 .11-28 "
25c-.12-30 y 11-28.
.1.1
Extra
Consolidated
Dominion
(quar..)".$1.50 ;i.."..,.,14,.212-22
t$1.60'v
.r ! $$3:25 y
Dominion
'* w -> ■ •' ' 4
1-15 12-17 i -
Dominion Tar & Chemical,
r.
Extra
—
Consolidated Paper Corp.
efixtra
fis-ci
(s-aj
1
voting,
50c
r$l
-/:-si
1,
preferred
•
7%
.
trust
certificates
(quar.)
4% %
-
preferred
(quar.)
-
Fenton.
12-22
..." $25c
(quar.),',;- t25c
4-'$25c
5'%/
2-2-48
l-2-4*.w
1-'2W"
1-15
1w./$$l.i2%
: 2-16
12, .1
12-10 '
12-15
1-15
*•
preferred;
4
Shoe Stores-Co,
United-;-Cleanin8:.65;"Dydn®^:"/:r4'
,7;%preferred/) aui»r_>__t**--:_^^
;
-FibreV.Prodacts of Canada^ -Ltd.—-"; • /;/ /--/ */■ ;•
■
4
'iT:ki
2-2-48-'-, It 2-
Paper Co.* Ltd.—
conv.
Feltman ;&"Curme*
12-31'
12-15
:
Textile Co.. new> com.-
Donnacona
f
Ltd.—
(Initial^*: V">415c 5 :■ preferred' (qaan). -***-_*_L_*-**-,__4* > $1.75.
Dominion
.
12^31
v
(quar.):.$40c
(quar.)-'--—.;-!-.,..**-^.-^^
Common
1-15--. 12-17 '
1-17 /■ 12- 5,
1-17 -12,- 5;
Cdhkolidated Press. Ltd., class. A (quae.)$18%c-f>r L--1a 12-15.
consolidated ^RetaH Stores, common__l*_14*;"; K. 40c v /'I- 2''12-12 .
preferred (quar.)
^ 53c. '»»•. 1- ? 12-12 '
COaSOlidated- Royalties, 6% ' pfd." (quar.)..»
15c;
1-15
12-31.
'
(quar^i- ;'
-6% -preferred,
Dominion Oilcloth l& Linoleum
Maehlne Tool--Corui^-v-
$6; 1st ■ preferred'
Consolidated Mining & Smelting "Co." of Can-.
ada. Ltd., common I(increased, s-a):
«
..
,
:
$256 , 2-2-48 '-.
$$,1,25 2-2^48' ;•
1—30 N
Square Corp., Ltd. (quar.)«*_i___*Vv' $50ov:;"i;l-15
Steel & Coal, class B (s-a)*_**__,-4 j; $2oc
l-20*'s
Malting. CcL,' Ltdl,'com."
(quarJ__
Dominion
Consolidated Lithograph Mfg.-
.
-4; $1.75 ;; lrl5;^.1-*10 •,
:
* *;* L1 /
'(s-a)*-*r----'---i*i---w--*-.-//;-:;">t25d-.; 12-30 12-15
i V $1
1-15 v 12-31
-4'20c::.v> 1-15 12-311;
Fidelity-Phoenix Fire* Insurance-(s-a)
-u
Extra. 1—
—Fifth Avenue. Bank of N..Y. (quar:)^
Special'j*_*'
ri_v*--------*-*--''>
.of Pennsylvania- (quaft)
Finance Co.
Firestone-
Tire
&
Rubber—
i"12-231'
-i-*-—-7:412-12
—/J—*___**- '4.1.1.$!--; l-20iae"4- 5 ,./
Volume 166
Number 4659
THE COMMERCIAL
~:!r?Per
NameofCompant
"/ v
;
First National Bank
(N. Y.) (quar.)
First National Stores
uncreaseuj_..
First York. Corp., $2
preferred (s-a).
Fisher Brothers Co., $5
preferred (qu
Fittings, Ltd., class A (s-a)_—
Fleury
Bissell,
Ltd.,
5%
pfd.
When
$20
.
v
'
'
425c
'
preferred ,<quar.) ___■
Shoe Co., class "A------—~.
Flour
*0
*'■
'
.
Mills
'■(. V.**■
Kleiser Co.,
class A
prior
preferred
pfd.
prior
Foundation
preferred
12-22
12-22
Co.
Fox
(Peter)
De
5%
■
of
preferred
Franklin
7%
preferred
Fraser
Cos.,
Frick
Co.
Froedert
$2.20
Canada
Frontier
luhimann
&
Schmidt
B.)
Great
12-22
1-
2
12-15
1-
2
.1-2
4-
1
1
6-15
12-15
Quarterly
Great
7%
12-31
Greening
12-15
Greenwich
2
2
1-
-1-
150C
)
(qua
12
)
%
1
12-31
12-15
1-15
Grief
1-15
(N.
1-15
•-..*1-
Gruen
12-
1
6%
1-14
12-23
12-19
$5
12-30
12-19
2
12-22
1-
2
35c
12-29
1-
s
2-2
1-20
12-31
12-15
Halifax
.
1
1
Hamilton
12-
1
$4.25 series> A preferred (initial quar.)
—
1- 2
,12-
1
1
1-
1-
12-
2
6%
/
50c
.
1
1-
International
12-26
12-26
12-29
1-2-48
r
International
Preferred
2
12-20
12-20
«|>; Special '
1-
/'
2- 2
1- 2
31 %c
6%
12*22
12-31
21-
1-
50c
•1-2
25c
—
«
1-
•
2
1-
1
12-10
1-
2
12-10
1-
2
12-15
25c
(irreg.)
1-
Corp.,
Y.)
30c
(quar.)
1-
$1.50
new
(initial)
com.
2
(quar.)
1-
Hartford
1-
2
Sewing
Machine
1-
37 %C
General Electric
Co.
2
12-15
1-26
12-19
I-
2
12-17
4 % %
87 %C
2-
2
1-10
Havana
1- 2
12-16
40c
~
-
$3
General
Fireproof tog Co.
preferred (quar.)
Foods Corp. $3.50
1%
//
$1.12%
—
1-15
■/if/
i
General
General
Instrument
Corp.
pfd.
(qustr.)
(quar.I
25c
Mills, Inc., 5% preferred (quar.
General Motors Corp.—
$5 preferred (qu&r.)_.
$3.75 pvetep^T (quar.)
—.
k
'.
General
\ '
>6%
OttttSoor Advertising,
(quar.)
1-
$1.25
2-2-48
93 %C
2-2-48
(quar.)__
25c
$1
pfd.
60c
(Conn.)
(quar.)
1-15
1-
2
(quar.)..
Publishing—
2-18
2-16
J.)
Co.
2
Heller
____
1-
2
12-15
1-15
12-31
t75c
1-15
$$2.50
-
(W.
E.)
-
•
Co.,
12-31
1-15
Metal
class
A
Industries,
(quar.)
Nickel Co,
&
I
I
12-31
H i g/hl a nd
2
12-31
Highway Safety Appliance
1-
2
12-11
Hinde
1- 2
12-11
Hinde & Dauch Paper Co. of Canada,
(quar.)
General Telephone, common
4.40%
Hollander
common
.
|
$1.50
-
(quar.)
4%% preferred
General Tire
f
(quarJ
Class
Class
A
Class
A
B
12-19
/: 12-31
12-19
61V4C
12-31
12fl9
..Canada,
40c
2- 2
2- 2
1- 5
$50c
1-15
12-31
1-2
12-10"'
JS1.50
preferred
Power
&
(quar.)
Light/ 3.307*
«
433/4C
Hooker
Hoover
Horn &
Hardart Baking Co.
7-
1
6-15
.
l-l 2
12-15
3-15
435c
275C 1-15-48
$1,75
v".7^.1'
;
25c h
1-
12-15
25c
$1.50
1-, 2
:fY$1.25
1-2
__
12-20
1-
/
25c '!;;■
•
I
common - war.)
preferred- I'quar.).!.—
Gladdii)g;.McBean
Co.
50C
;
•
Bribki...
—-
*
—
*
'
"•*"
12-19
1-23
'
12-30
35c
12-23
;
• 12-
1^ 2
■
$1.12%
12-30
1-
2
2
12-
1-2
20c
•
-
$1.75 •;:i
:
_^__—___
""
1-
'
2
-$l
»
-
50c
/ IOC
:■•
-•
?
12-22-
12-19
V 1-
12-
$3
12-31
$1,12%
25C
25c
-
1-2
%C;') s-hv
40c '
^'vi-vi/.iYear+ahd -i.iU,-————-—'*<■&-.$1
$1.25
.H.
-12-22-: •/
12r-
$4.75
-
1- 2
,
tm /->
(quar.)^_-i-
.'
10c
■'
1-15
•
Illinois .Lock
12-12
-
5%
h',
5
Co.
12-19
$4
Steel,
A
87 V2C
(quar.)
6% pfd.
1-12
2-
2
5
1-5-48
12-
$1.25
;
(quar.),
1-1-48
50c
(Ottawa)
12-
4
1-
2
5
12-
2
1-
$17c
(quar.)—.
r
2
4
1-15
$1.50
(extra)
(quar.)—.
1-15
12-18
2
12-23
10c
pfd.
3-
1
2-14
$1
1-
2
12-20'
$1
(quar.)—
(quar.)—
1-
95c
1-15
12-31
$1.25
1-
2
12-15
$1.75
1-
2
12-13
$1.50
pfd.
preferred /(quar,)—
preferred
(quar.)
Power &
Co.
...
1-
2
12-13
$1.12%
(qur.)
1-
2
12-15
1-
2
12-15
1-
2
12-15
$1.25
com.
pfd.
1-
2
12-15
$1.12%
1-
2
•
20c
—
...
Light 4%7*
com.7(quar.)
yjlVA—
preferred
iquar.)..
12-19
25c
1-2
12-19
50c
1-2
12-19
$1.75
—
1- 2
12-19*
...
(quar.)
& Co. (extra)-'..—
(James R.T Corp.—
■
I'25c
1-15
12 %C
—
12-30
1-
1- 2
12-15
12-31
12-15
'
1-
12-13
-V
25c
3
1-31
1-2
1-
4%%
/.
preferred
„V"35C
.■i'
1-
6
5
*
•••;-•-
12-15
2
.
•
.12-15
1-2
$1.-12%
<quar>).
t, Kendall
V
'
:
$1.25
(quar.)
*
75c
37 %c
class A
2;y ;
12-19
30c
f
37%C
convertible
Kendall Company?
•
2-
12-24
50C
common
9
1-31
2
1-
$1.75
common
1-
1-31
2-
,
$1
Kelsey*Hayes. Wheel, class; B-_--
1*
V
KenvAddison
12-15.
-
1
1
12-15 S
12-29
12-12 ■> ;
12-30
12-30
;
Gold Mines, Ltd. (interim)Kerr-.McGee.Oil Industries, common*..*******
Keyes- Fibre, 6% prior preferred iquar.)-....
Kfdde' (Walter) & Oo*_7
——i—-
12-16
4- 2
42>2$
—
.42-31
.t
$2
r;:
_
„
^conxmqn« (quar.)
(quar.)
12-30
40c
™——
v
r
Kimberly-Clark,
.
(quar.).———
y y 4% /convertible 2nd preferred (quar.)
4% 7*
12.-20-
V
King-Seeiey.
5% 'conv-:preferred
12-41
$i.lE% v,
15C,
1- 2 .-,12-26 V
lOcv Y l- ^
* 50c »
Ul* 1
'
1-
7
'
12-24
.12-31
1-2
$1
$1.12 Va
'•
25c
(quar.)—:
Kinney.(G. R:)
'
)-rr-.'-s-T!-
Co.
...
Knapp-Monarch €0. iquar.)
Company, common (quar.)-^__—•preferred (qhar.IJ—
V——i
Kroehler Mfg. Co., VA ft preferred A (quar,)
1- 2
1-
2
1-2
>12-31
12-1$:
•
;
12-1$.
*•
v
/ 42-12
;12-15t
.12-31
/• 20c
25C
(year-end).————.
year-end)
V
-20c
«
Extra,—*
-1 -v;-:\s • ; C .Kinset JDpig aCo.
1-: % ,12-15 ,/ Kirsch Company $1.50 pfd.
1- 2i
12-15
2^2
11*29*
2
25c
35c
preferred/ (quar.)———
''k% -?&■!
" //62%c
1-
$1.50
,
rcommon-
12-13.
;
1- 2
12-30
42*31
•
—
.
f
43c
.8V4C
-
■
..-A"
$1^5
...
-(quar.)
convertible -preferred
12-12
2-
V $1.50
■
12-19
i
V--
••
♦,(quar;),y
...
1-19
1-
87% c
—
'
13-12--.i«4i;< .Extra
12-15
60c
-
12-29 /
:
.$3.50 3$
"4-,i'v:$.2.25,i
"
preferred- (^uar.)
l2t$l^rrJ2ri2r'f;V3[ilihote-/F^
12-31
• /<
12-15
2-
"
(aocum.)l-i—
5 %1 preferred
12-15-
1-
933ic
y Common (cash dividend) (irreg.) i—
$1.50 : preferred/./ fs-a),._z_,—1—
Kelling Nut Co. 67* pfd, (quar.).ri—y.—'
Kellogg Company -(quar.).—
Kellogg Switchboard & Supply Co.—
-5% preferred "(quar.)
—
$1:50 U 42-31 /V12-19
•
-$20c f!" 4-15
12-15
^
-
12.-1
/Ideal Cement Co. (quar.)
-13-1/Illinois,-Central RR. (Leased- lanes)*-*-,
12-15
4r%. v. guaranteed i (s-a)u</l-iv——
12-10
vIllinois Commercial Telephone Co./-(Wise.)
1- 2.
'
•
/
11-
City Power & Light Co.—
preferred /(quar.)—...
Kearney
5
12-
12-15
12-15
s1 75
.
(quar.).,
Corp.,
Works
V.
12-26
/
11-28
2
2
$1.50
pfd. (quar.i—
H'yKayseiV(JUlius)
1-15
12-31
2
1-
1-
$1.25
(quar.)
Publishing Co.
Extra,
'7%
12-12
1 5
20c
-20o
.;$20c
Huttig Sash & :I)oor
"
A
"
12-12
1*10 /
1-
$1.50
$1.50
preferred
Laughiin
12-12
<1-1
$75c ■■3
•
(s-a)
>•';:-S7 preferred
12-18'
class
pfd. B (quar.)
Chicago RR. stamped
12-31*
12-29
425c
•
$5
;
12-31*
62 %c -12-29
-—
Mortgage
XlV4%
System,
3%% pfd. iquar.)
Johnson 87* pfd. (s-a).
Inc.
Kansas
"
--'t-fQ. V.l-31
-
/
1- 2
-
.,
•»
Co.
Erie
11-28
11-28
5c
12-20
■
11-28
2
2
(year-end)
preferred
Kaynee
(two ^additional-shares
5% pfd. (quar.)
Huron &
3%%
Water
$4.50
12-18
1-2
2
11-
2nd
&
12-20
12-29
56 %C
•
6% / preferred."(quar;)
Hiints, Ltd., class A (S-a)
•
5*
12-29
t
—
;
(quar.)
Building
1-
/
1-15
2
xl%%
Kansas«Nebraska Natural Gas
V
Sot each*.share held).—
Oil
&
&
'
'
a
12-31
(quar.)^
>
D
X$1.75
12.-17
12-1T
•
XI'/4 %
...
'
pfd. (quar.)
dividend
(quar.)
C
5
•
v"'
— —
Stock
A
Kansas Electric Power, 5%
Kansas Gas & Electric 77*
$6 pfd. (quar.).i.
12-19
1-
/:
11-28
2nd pfd. A (quar.)
Kansas
12-20
V. $2
12-12;//
12-13
Kansas City Public Service, 5% pfd. 1 accum.)
Kansas City Southern Ry.—
4% non-cum. pfd.
(quar.)
1
$12 %C
<
.
•'
12-31
$5 (preferred
12-
(quar.)_
:V-'. 50C
-'.56 %c
-(tfuar.)5$1
preferred.
—^
~
.■'42-11-...v .Class:/ fi:
Goodrich-;<B. ,Fi) «Cd.,;common„^^«^.—.........-.^l
.;•/ /-,4%i
;■
Extra
:I2:-20
1-2
'■
........
12-30
2
1-
pfd.
;
Tea,
VjV 3.80%
12-19
$1.06%
1-
1-15
1st.preferred
Joyce,
12-20.
1-
12-12
5c
B
Journal
12-20
'
1-2
1-15
..
8
2
2
t25c
67*
5%
12-18
1-
1-
1-
12-10 V
Engraving (year-end).—
Service, Ltd., com. <quar.)_
Joseph & Feiss Co.
9
2
—-.•-•--i'
(Texas), vtc for common.
Howell Electric Motors (quar.).^..^
r
Hubbard Felt Co., Ltd. com—:.—.;/—i—.JY
V
// Class A (s-a)
Humphreys Mfg." .COi, common---ii.i-i------
}' *
12-31
62
..
-
:
12-22
2
1-15
if $1.50 fi;
__v
12-
12-12
20c
Telephone Corp.—
preferred A (quar.)
Joplin
12-12
Household '.Finance Corp.; com. (quar,) ——■.& S';" 50c
1-15
"3% % preferred (quar.)
;
93 %C "1-15
Houston Nattocal Gas/ com.-i.. V / 50C
-12-29
Houston
12-22
2-
:
40c
-
^
"
(initial)
Corp.
River
3%7*
12-9
2
v
»
12-17
$1.50
:
preferredz/quar.II—-
$4.50
2
2
1-
-
,
12-16
1- 5
V
-a
(S-a) -—1' /
Co.
Godchaux- Sugars, class A' (quar.)
2
1-2
25c //
•
-
Glenmore -Distillers,16% /-preferred
Insurance
1-
■
$1.25
.
l/YYV 4%^> - .dottoVdrti^o ./prreferEed3(quar.^---wLi.-
1-
12-26
1-2
1-31
preference
Joliet
2
12-31
.
i.*
| / Globe-Union,1. Inc. (year-end)
I, jifGlobe'-Wefnicke t?o. 7% ,fpfd.,¥quar.)
1
12-
12-30
15c
(quar.)
4%
5
1-
50c
5-26
12-30
10c
37 %c
62%C;
(quar.)
':|r'% Gliddin- Co,,ihew/ conitooh )nitlal. quar.) i..
■
12-30
12-31
25C
(quar.)
Johnson
12-5
$1.50
$2.25 conv.
,12-ia
5-30
•75C
n
....
/.-I $5
Falls
6
•••
$1.12%
■i: • vi Gibson Refrigerator ;W specialJ.'aw.i...
tGilbert ( A. C/) -Co.,, $3.50 pfd. (quar.)
^T GlUette Safetj)
1-
12-15
12-31
preferred
Common
1.1-29
—
12-15
2
12-
2
—_
Houdaille-Hershey
12rl5
12-30
Co., $6 preferred
.
Glens
(N. J.)
Public
.
12-15
2
10%;:
_.
conv.
preference
Jewel
12-19
3
12-15
1- 2
1-
$1.50
57*
{
12-20
1
1-
Hotel -Lexington, Inc.
6-15
2
5
1-
(F» W.), Ltd. qlass-A.(quar.)^
Hotel Gibson Corp., 6% preferred—
.
15c
w-/
1-
•
12-15
1- 2
$1.50
82%c
—
*
12-15
4-2
$1.62%
pfd. .(quar.)
/Vr
itil
1-15,
12-31
Johns-Manville
25c
—
.
Horner
,
i£l
50c
5%
Jeannette Glass Co. 7%
1-20
12-31
40c
—
(Bklyh,)
12-15
1
Jamestown
(
1-30-48
75c
3-15
4-1
Guaranty
1-
•10-48
62 ViC
Co.,
preference B
Class
12-26
2
40c
12-15
15c
——
1-
/'•■Vy/VV;
'
9
1-2
iquar.)_
L.)
Oilier
&
James
12-17
$1
preferred-?|(-s-a) -----—
Title
1- 5
Co.
77*
6
50c
'
4-1
Qerber Products Co.
| '• .(•>
80c
Coal
5%
6
12-
50C
Co., Ltd——
_—
Home
12-
2
25C
Holophane Co.. Inc. (year-end)
Dairy Co. Co. com.
'
1-
75c
(stock divioend)
77*
12-20
2/-
$6c
—
(F.
Jamaica
Ltd.—
——
Home
■
2"/
1-
1-2-48
(quar.)
H.)
Creek
Jones
<irreg.)
Electrochemical, $4.25 pfd. <quar.)_
Co., 4% % preferred (quar.)
15c
j.J
Year •'end
.Glefl-Gerrv Bhal<(
(D.
.
470
(Interim)
common
,
t83/4C
50c
12-20
$25c
—
Mines,
2
15c
—
f / i -4%%, preferred. ;fquar.), ...——
fr Gerrard (S. A.) Co, preferred (^a>_^_—_/--^
| . Gibson* Art, Co." -(quari)
'
preferred
12-12
Electric
Jacobs
Whitney
&
12-12
12-30
t$1.75
pfd. (quar.)...*.
preferred (quar.)
Jacobs • (E. H.);; Mfg. (quar.)
12-20
50c
1-
.
,
$4
12-30
•: $1
5
Ltd.—-
$6
Ltd.—
(extra)
Gold
12- 6
1-15
12-20
/
$1.
$5c
(quar.)
15c
...
■■
Son
1:
2
1-
25c
15c
....
Georgia Hardwood Lumber (qufir.)
:/ $5/preferred:
&
2
1-
$25c
—
Year-end
12-17
(quar.)
fVGeorgia.Power
Holmes
1- 2
V/- Class B (quar,)•
12-17
12-17
12-31
(quar.)
(quar.)
1- 2
/•
1-2
i?
Hollingsworth
$1.06 Va
'-f Sv' Class B -(quar.)''
f
2-17
12-13
$1.06 V*
(quar.).
(A.)
2
1-
$1.75
.
12-15
93 %c
pfd.
3% %
preferred (quar.)
3%% 2nd conv. pfd. (quar.)...
Genesee Brewing class A (quar.).
/
40c
"V/
.
:—
Hollinger Consolidated
Quarterly
1- 2
L
40c
C-l.Z.If-
& Rubber 4%%
1
1-
$1 V
in 111111111 ~I~~
—
12-31
55c
•
I
3-
50c
preferred
(quar.)——^
i
General Time Instruments com. (quar.)—.
1
15c
20c
:
25C
Paper Co.
2
1-2
—
25c
2
Dauch
12-
1-
50c
12-15
$1.37%
2-
&
1* 2
$$1.12%
$1.50
12-15
2
'
2-
Quarterly
12-13
$1
5 7*
2
1-
12-31
General
10-31
12-15
1-15-48
12-15
12-12*
1-
Corp.
Hibbard-Spencer-Bartlett & Co.—
ri
12-31
1-15-48
Ltd.—
............
.
of
;30c
$40c
(quar.)..
(quar.)
preferred (quar.)...
prior
Island
12-31
45c
..'.iiL'i'i'-—-
$1
25c
1-2-48
Cement
^ell ~~L tdT "(in te
12-19
.12-19
12*15
12-26
Jahn
1-15
30c
(quar.)
common
2
$1.50
1-15
7%
Hercules
12-31
2
2
-vVL.
$1
tronrite Ironer Co.
12-23
1
•
2-
...
6
1-
91 %c
$1.37%
Shareholdings Corp.
$6 preferred (opt. dividend series)
Cash or 44/1000 of-a share of
stock at holder's option
12-
37 %c
(George W.) Co., common.^—
preferred (quar.)
;—
*Hendershot Paper Products,
Ltd. (irreg.)__
*
1-
;■
Co., com.
Irving Air Chute Co. (year-end)
Irving Trust Co. (N. Y.) (quar.)
Extra
iw
!—
-
•
See Rubinstein (Helena)
&
12-22
12-31
Iowa
12-23
(quar.)
4%- preferred (quar.)
5 % %
preferred (quar.)
2-19
12-29
$1
...
Harvester
convertible
preference (quar.)
Light & Power Co.—
preferred A (accum.).
6%% pfd. B (accum.)
6% pfd. C (accum.)....
12-23
6
25c
$1.50
:
*
2
1-
$1.12%
•;
Helme
_
1-
::
12-15
12-15
3-10
1*
J X
•
7 7*
5
75c
2-2
2
1-15
•
12-31
Iowa
12-11
25C
—
(quar.)
com.
preferred
12-20;
•S5c
•
8%
12-11
1-
1-15
preferred (quar.)
Co.
(quar.)..—~2
Helena Rubinstein.
5
1-
rf75c
.
f/ 5% preferred (s-a)
;
General Public Servicepreferred (quar.)
$5.50 preferred (quar.)
1-
(H.
3.65%
Glass
12-16
\.*4- 2
90c
•
12-23
50c
—
—;
preferred (quar.)_——
Lithographing—
convertible
12-16
;•* 1-15
Department Stores (quar.)
Telephone Co. $6 pfd. (quar.)__
Investment Foundation, Ltd., com. (interim)
Co.
preference, (quar.)—
of America, class A—
Hazel-Atlas
5
25c
--
/i
SB
1-
25c
...
$1 conv. 2nd pfd,.
(quar.)
<\ General Products Mfg. Ltd.—
/V
, Class A (year-end)
,
V
{■ ,Class B (year-end)____
6%
12-101"
3-12
«•
$1.50
__
Corp.
1
2
4-31.
Interstate
12-11
non-cum.
Heinz
common.
Paint
preferred
General
$1.25
-
1-
12-30
30c
12-31
/1-15
"
——
Class B
General
12-22
$1.25
12-23
25c
Hat Corp.
2
—
12-23
1-1
Common
$175
(quar.)
1-
..
preferred
preferred
57*
12-15
12-31
50c
12-15''
2
12-22
V.$l
*
25c
12-31*
2
$37 %C
Year-end
1-10
35c
5
Hartman Tobacco
12-31*
1-
$$4
,>
(initial)
Interstate (The) Co.,
1- 8
1
$25c
Gas 4%% pfd. (quar.)
Battery Co.. Ltd. (year-end)
Schaffner
12-15
(s-a)_ >•/•
...
12-17
2-
$20c
Hart
Insurance
12-31*
1-15
$$1
8%
International Sliver Co. 77c
12-19
$1.25
—
Marx
1
8
12-10
1-15
$75c
($100 par) (quar.)
($5 par) (quar.)......... J
Co., Ltd., 5% pfd. (s-a)
International Power Co.,Ltd. 67* 1st pfd. (s-a)
6%
1st preferred
u
International Shoe; Co. (increased)
12-19
1-20-48
20c
__
—.—
Harrisburg
&
1
Interstate
(N.
1--2
$1.25
(quar.)
Fire
77*
12-19
.1- 2.'>'
312-
-
1-31
;
preferred
7%
2-25
;V1- 2'/"
1-
1-15
2
IOC
International Paints
12-10
.s
4% %
4%
12-1C
2
1
1-
50c
(s-a)I
iMd.)
.
International
5
3-10 1
60c
Co.
12-
3-10
$1.25
International Minerals & Chemicals—
Common (quar.)
12-15
2
.vvr*,- 2
60c
—
(quar.)
Plywood
preferred
1-15
1-
$12 %c
;
y
...
.
(s-a)
pfd.
Powders, Ltd.—
(accum.)
Common
1
'
Hart
12-
12-10
25C
12-22
2
50c
(quar'
1
$1.12%
2
1-
1-
$1.06%
12-22
2
7-31
$50c
Harding Carpets, Ltd. (quar.)
Karris-Seybold Co., common.—.
12-15
2
$1
1-31
5-
Refractories—
preferred
Harbor
12-27
25c
Insurance
Harbison-Walker
1-16
1
1
1
$30c
________
Fire
369-
2-
$3-
10c
Educational
International
$25c
$25c
$1
com.
l.>c
16C
T
(s-a)__.
Cellucotton Products
International
12-31
20c
(quar.)
Knitting Co.
(irreg.)"—:
preferred (quar.)
1
i,a35c
11*21
$40c
H.)
12-
(quar.)
Button-Hole
International
(quar.)
Co.
12-31
Extra W-i
1-15
$1.50
(extra)
(initial)
/
--
1
$$1.25
(year-end)
1-15
—
(s-a)
12-
3c
participating preferred
Corp.
1
V' 12-1
12-31
Inc.
Ltd.
Bronze
/" New common
12-18
'
12-
12-31
■
International Business Machines—
12-29
75c
■
.
America
...
50c
B
Hanover
5
12-31
•
20c
(quar.)
General
Co.
Investors.
$1.50
quar)
•v $12%C
}
2 ViC
$2.50
(initial)
12*1*
12-31
$$1.06 V4
,
Ltd.—
Shares
North
12-17
1-2-48
;
$50C
^
Extra//''
International
12-15
$25c
Instrument
(P.
Class
$5
convertible 2nd preferred
Candy Corp. (extra)
2
of
1-4
;■
'
Intercolonial Coal Co., Ltd.,
12-15
12-29
$1.50
—
12-1
2- 1
15C
.....
-
4%
|
1-
$10
(quar.)___
vY;'$i.2^:
/
1-15
12-9
•
quar.)
preferred
Extra "
12-18
:•
1-2
10c
Group
Co.
Inter-City Baking,
12-15
2 ■'
2
T r
;
2-2
v
1-15
V
Intel banc
1-13
1
11-
:
pfd.
1—
Bridge
Hammond
12-18
•'12-29
$1.06 Vi
....
1st preferred
1-
$3
—---—
Co., Ltd.
Paper Co.—
4 % % - preferred
(quar.)
4% % preferred (quar.)
>
12-22
1- 2
25c
0tm
4%
.r-v:
12-26*
'
2-1/
^
_
07*
12-23
37 %c
,
/
(increased
Insuranshares Certificates, Inc.
12-26*
1- 2
(quar.)
(quar.)
Co.,
Co...
12-26
12-13
«l
common
Extra
■•/
,;•
...
com.
Hammermili
5%
5% convertible^preferred (quar.)
General Cable Corp., common
1
RR.,
2
-
Shares,
Insurance
12-12
1-
$1.25
(Increased)
Insurance
12-
General Builders
"
Institutional
12-11
-
A
2
1- 2
;
.^..1^. JT, ..y r y
(John)
Insurance
12-12
35c
iquar.)___
(quar.)
Y:_—
Co., 4% preferred
Hall (W. F.) Printing Co.
Hanes
General Bronze
J
prd.
;
Haloid
12-
75c
Brewing • Corp. s
Corp. (quar.)
'Supply Corp.
$5
Co.,
2
Quarterly
General
Ohio
&
Brass
1-
$1.12%'
.
common-..-;
Inglis
2
12-31
10c
50c
(accum.)
2
12-
2
50c
——
1- 2
75C
(quar.)
General American Transportation
Corp.—
General Baking Co.,
12-
12-31
20c
—v
1- 2
t$1.37
-
'Extra
2
■-/ 1-
25c
$1.06%
quar.'
430c
t$1.25
M
—
—
•
1-
1-2
$1.50
•
(quar.)
Corp.
110c
.
(quar.)_
Ltd. com._
$1 partic. pref. (s-a)———1—
12-15
12-31
Hahn
12-15
12-31
34%C
.m
$3 participating; preferred A (quar.)
General, American Investors > Co.—-**
.
Oil
Co.,
(Bait.), 6%
Quarterly
Quarterly
.
•
1
Mobile
Increased
5
Gemmer Mfg. Co.—
V-
pfd.
__—
12-15
37 %c
tmm
>«*-
u-—
preferred
2
5c
Gulf Power Co. $6 pfd. (quar.)
Gulf Public Service Co (increased
12-15
1-20
50c
28 %C
(quar.).
,
$4.50
Realty
preferred
Gulf
12-19
$1
-
1
12-
—,
preferred
ingersoll-Rand
v
•
(increased quar.)__
Co.
Sugar
preferred
Gulf
12-30
$1.50
conv.
preferred (quar.)
5M* % preferred (quar,)
Gatineau Power Co;, common (quar.)—
/Extra
12-
2
.12-9
Gypsum Lime & Alabastine of Canada, Ltd.—
4%%
i
Watch
Guilford
12-19
w
2
(quar:)
Co., • common
2
1-
Light,
(quar.).
class
2
1-
$1.03%
5%
preferred
tquar.)
Industrial Brownhoist Corp.
(quar.)_^
Industrial Silica, 6 % %
pref erred
12-10
1-
$5c
31»/4C
(increased)
Co.
Guantanamo
1-
*—
(Julius)
Tanning
Guaranty Trust Co. (N. Y.)
Guenther Publishing Co.__
1-
_—
Garfinckel
$1.75
2
4 % %:
12-19
1-
non-Cum.
yy sii Bxtra "y
12-10
-
12-15
25c
Class' B
convertible preferred
(quar.).
Gartoer-Denver Co., common (quar.)
4Vppreferred
,/.
2; ./•
preferred
Xi:
12-15
$1.50
-
2
1-
class A
Cooperage
12-22
2
25c
(quar.)..
6%
System,
1*
10c
(quar.)
1-
>. /40c
.
..y.-.i'
Corp., Ltd.—
$2
—
s.
1-10
25c
Y.)
Co.
1
)\ $$3.75
(Winnipeg)
1-
common-(quar.)
1-2
Gannett Co., Inc.—
/
Brothers
'
Co.
12-31
25c
Griess-Pfleger
25c
Galveston-Houston
12-12
.1-15,
preferred
2-
vy
(quar.)
&
1-10
11-18
12-29
40c
5% preferred A (quai;.)Industrial Acceptance
12-19
$$1.75
4%
12-12
12-31
tl2%C
Gas
C.ass. B
'
7%c
,)
(qua
1-15
12-31
130c
preferred
/
$30o
•
Indianapolis Water Co.—
.
1
1-31
$1
common
Service,
1-30
(B.)
'
OClass A'
Fulton Trust
12-31
•30C
Corp. com. (quar.)
4%%; preferred (quar.)
Co.—
Fulton
12-19
1-15
(s-a)
Holder*
2- 1
12-31
y 1
425C
prd.
47
Payable of Rec.
V: $10C
...
Telephone Corp.—
Indianapolis Power
2-16:
.
Greyhound
1-31
IOC"'
;
12-19
t62%c
(quar.)
Associated
4'/8 %
•/M- 2
Common
12-20
1-24
%C,
12 %C A
...
(year-er
Fuller Mfg. Co.
32 %c
(quar.)_
Wire, Ltd. (quar.)
Co., $1.25 partic.
Participating
12-15
1-
750
common
1-2
18C
$2 preferred (quar.)
y. Indiana & Michigan Electric—
12-15
12.%C
.
A (quar.)
1 • 1. -.,
(quar.)
Greenwich Water
6% conv. pfd.
(year-end)
;
i
preferred
1-22
55c
/
(D.
Sugar,
12-20
12-15
2
150
i
Western
1-
35c
Brewing
Co., Ltd.—
pref. /(quar.) !
conv.
2
1-2
(initial)
'When
'
Share
(quar.)'
J
preference
Indiana
*
135c
-
....
Y.)
Great West Life Assurance Co.
3-15
'7-
Lakes Power $7- pfd>
50c
12-15
t
37 %c
37 %C
•
(N.
Great West Felt
•
& Co.,
.Special
Fuller
Great
12-31
,,
(quar.)
I'
.1-
Co.
Imperialle Fuels, Ltd., 6% partic.
Independent Pneumatic Tool
1-15
12-22
,
; 25c
933/4C
^
4%
12-20
2
56'/4C
(quar.)
American Insurance
2
(quar.)..
Industries
2-
*'
^
RR.
Common•
2
12-31
Per
of Company
Terminal
Imperial Tobacco Co. of Canada—
12-20
rvl-
'•;/1- 2
•
40c
$ 15c
'
iquar.)__-
■Great Lakes Paper, Ltd. class A
p-d.
.-Class B preierence (quar.).
Corp.—
Fruit of the Loom, Inc.,
Fry 'Products,
,.v$l
.
preferred
1-
25c
.
common
5
$1.75
(quar.)
Co. com.
37 %C
(quar.)
(quar.)
Malting,
pref^fred
1-10
$2.25
12-15
37 %C
(quar.)
preferred (quar.)
&
; 12-20
1-2 /
2%c
Coal
(W. T.)
$1
>—
Ltd.
6%
12-15
2
1-
V;30C
V
—:
(accum.)
Grain
12-15
1-2
jNime
12-16
1-15
■
(accum.)„____
preferred- (quar.)
Graupner (Robert H.), Inc. 6% pfd. (quar.)
Gray Drug Stores (quar.)
.*■
Grayson-Robinson Stores com. /1.quar.)
^
12-24
2
•$1.50
(s-a)
County
2
1-
75c"
/-/:
)
Brewing Co. iqu<«r. i
Brewing Co. of Michigan—
Luxe
1-
20c
Ltd.
pfd.
1-
$4
3%%
1
I-
75c
(quar.)
Tox
Grant
.12-19
Toy,
7%
2
10c
(quar.)
1-
•
(quar.)
6%
2.
2
40c /
Corp., common...
prior preferred (quar.)
6%
; 6%
1-
2
Foster-Wheeler
.
&
1-
Co
"Four Wheel; Drive •. Auto.
Co.—'-^141st Street
Building Corp..
•
&
Grand
1-15
Wallace, $3 class A (quar.
Dairies, common (quar.)
6% preferred • (quar.)^—
Foreign. Light & Power. b% 1st pfd. (qua
Foster
12-19
1-
'
Insulation
Pumps Inc.
40C
Foremost
Formica
Goulds
20C
America
of
5
V
•Forbes Je
Inc.
Manufacturing Co. (year-end)•_
Gorton-Pew Fisheries, Ltd. (quar.)__
Gotham Hosiery Co.
(quar.)
1-15
>>'■
;-*Yf
•
Payable of Rec.
$$4
Gorham
11-24
,1-2 7
$1.18%
___
Florsheim
12-
Foods,
(2703)
Holier<
Illinois
-
s
2
1-
20c
.
Class
Gordon
6
___J
1-31
'
50c
4%%
Year-end
12-18
/l- i
:$30<T
.
Share
Y
•
When
v
Goodyear Tire & Rubber Co. of Canada-—
'
(initia
Name of Company
Ui
1
/
2-
1-
$1.25
CHRONICLE
Per
y12-15
1-1-48
$1
,
1- 2
1- 2 •" / 12-
-75c'
FINANCIAL
Holders
Payable of Bee.
Share
i
,
&
1-26
5c
-12-31
;$1.50 ,^'-:.lh20.
12- 5
12*29;.:4f2-is20. -V,:
12k31'»
..
.
15C;*ifll2y29 i.242tt22* /. V
40c
$lyoR 1> 2
$1.21%.
12-29
12419
12-22
--
.
THE COMMERCIAL
(2704)
48
4Jobn), Ltd. (quar.)
Laclede Gas Light ; Co
Laclede
Steel Co. (year-end)
Labatt
■
Lake
Lambert Company
12-19
2
1-8
12-19
12-31
12-15
145
12-20
2-
t8c
McGraw
12-
2
4
37VuC
2
12-15
15c
1-10
12-24
25c
1-2
12-20
1-
12-20
Class
50c
(quar.)
A
Class
Inc.—
12-31
1-
2,
12-10
2-
2
1-12
1V2C
1-10
12-31
30c
1-10
12-31
30c
1-7
12-26
50c
(quar.)
Extension University
______
(quar.)
Steel
Electric
Latrobe
1-15,.
$250
.
Lawyers Title Insurance Corp. (Richmond,Va.)
Common cash, dividend (extra)
Extra
1-
Lerner "Stores
Corp.,
preferred
2,
1-
2
96'Ac
2-2
1-
12-29
1-
2
12-16
1-
50c
1-15
(quar.)
1-
2-2
1-20
$10c
4rl5
12-15
1-15
12-31
}25c
1-31-48
12-31
12-23
5c
,
1-
2
12-23
30c
1-
2
12-23
1-
2
12-23
:
Transplortation
1-
1
75c
3-
1
1-
5
12-12
25c
12-31
12-13
$1.50
1-2
12-15
50C
3-10-48
2-23
$1.10 3-10-48
——
(quar.)__
Corp. $1 conv. pfd.
pfd. (quar.)
Lit Brothers 6%
RR
Miami
Little
——
—
Coal
&
RR.
Navigation
Schuylkill
75c
1- 2
Mesta
1- 2
2- 1
2- 1
4 y2%
25c *
1- 2
25c 1-15-48
62»/2c
1- 2
Michaels
Co., Inc.—
$1.12,/2
97 '/fee
—
pfd. (quar.)
12-31
1-2-48
Michigan
4.40%
$1.50
15c
Extra
Class
Class
12-15
Midland
1-10
12-22
8%
12-31
12-11
12-31
12-10
1-6
12-15
&
,
(quar.)
Taylor, common
(quar.)
—
Los Angeles
Transit Lines (quar.)
Louisiana Power & Light $6 pfd. (quar.)—
preferred
Class
A
Class
B
Louisville
Electric
&
Gas
12-17
2
12-17
2
1-17
12-29
12-15
Common
2-
$1.50
preferred ($100 par)
5% preferred ($25 par)
Lowenstein (M.) & Sons 4V4% pfd.
Lowney (W. M.), Ltd. (quar.)
Ludlow Typograph Co., common
$6 preferred
1-20
12-15
1-20
12-15
1-15
$1.25
5%
_
12-31
1-15
37%c
3iy4c
12-31
$1.06
1-
2
Co.,
(quar.)_
common
A
Class
12-15
(quar.)
Miller-Wohl
4V2%
Co.,
common
convertible
preferred
(quar.)
formerly
(quar.)
Fifth
& Forbes,
MacAndrews
preferred
6%
MacMillan
(H. R.)
Class
A
B
V
12-22
2
12-15
1-
1-2-48
12-15
12-31
12-5
1-15
12-31
1-15
12-31
class
$2
Co.
12-10
12-31
12-10
12-19
12-12
2-
12-26
1-15
12-26
25c
1-15
12-24
1-15
12-31
$12.50
12-30
12-22
$1.25
1-
2
12-22
$1.50
1-2
12-26
2
12-19
1-
40c
$1.06 y4
25c
12-31
5c
12-31
—
B
(extra)
Shirt Co.
Manning Maxwell &
1-
1-15
12-16
12-16
11-21
12-29
25c
Moore, Inc
3
2
12-24
2
12-15
1-
35c
—
Mansfield Tire & Rubber—
1-
30c
(quar.)_
$1.20 conv. pfd.
Mitchell
&
Mobile
Gas
4.90%
Y.)
(quar.)
Modern
Tool
Mohawk
Carpet Mills (year-end)
Hosiery Co., 5% preferred
Molson's Brewery, Ltd. (year-end)
Monarch Knitting Co., Ltd.—
Common
(increased quar.)
4'/2%
preference
(quar.)
Mojud
Calculating
Midland
Machine^Co.
7%
_
$4.20
Market Basket
_—
(Los
preferred A
Marlin-Rockwell
Corp.
Marshall Field &
Marshall-Wells,
Martel
6%
Mills
com.
(quar.),
6%
Corp.
1-20
1-
2
Montreal
Locomotive
Telegraph
5
12-15
Montreal
1-
2
12-20
Moore
preferred
$1.75
1-
2
12-11
7%
preferred A
(quar.)\.^
7%
preferred- B
(quar.)
preferred (quar.)
Corp.
:
;
12-20
$20c
1-15
1-15
12-20
1-
12-20
%20c
1-
1
2
1-
2
New
12-13
12-26
1-2
12-12
■v4- 2
12-12
conv.
Extra
$2.50
H
43/4%
pfd.
Mills,
Ltd..
5%
Masco
Screw
preferred
(quar.)
Matthlessen
&
Products
Hegeler
12-20
Morris. (Philip)
2
12-15
Morris
37 %c
12-26
12-18
1$1.25
(quar.)
—
Zinc
Co
—
12-31
12-18
10c
1-28
12-24
$1
1-14'
|
12-26
>%.
$2.25
Plan
Morrison
7%
Corp.
Philip
Morris
of America,
(quar.)
&
12-29
)2-3i;
New
,
Co,
(extra)
(s-a)
12-30
I'-New
Inc.—
—;
———
v
Newberry
Newport
3%%
;
12-26
1- 9
1-2
1-20
12-24
12-24
.
$1.75
20c
1- 2
1- 2
12-12
12-12
V,
Trust
(J. J.)
v
,.t
12-26
97y2c
2-2
>
*1-15
& Gas Corp.—
1-2
12-10
'$1
(quar.)__L
Co., 3%%
Electric Corp.—
preferred (quar.)
,1
,
93%c
1-2
12-12
__________
Co.
....
1- 5
50c'
Corp.—
93%c "
pfd. (qiiar.)
2- 2
1-16
:
1,-2
93%c
$1.06y4
•
4-4;
12-15
„
.18-19,
>
-
.
Noblitt-Sparks Industries,? new com.
Norfolk-Western RR. —^ *•
•
Xtnitial)'1
.
t
u
,
«
•
<'
North
-
American
•
•
Judd Mfg.
Star
North
Refractories
American
&
North
Oil.
Texas
Ltd.
Co
7%
—-
J.
——
pfd.
Co
Cental
Pacific -Ry.
Railway
-
15c 1-15-48-
.
12-29
4- 2
1- 2
12- 6
12-31
21VzC
Uccum.),^.—$8%c
—35c
—
Northern
Northern
;
60c
.25c" 4-2yi8
,15c .
,.
..,.
North
.
1- 5
4r 2;.; 12-19.
: «12-12
; 1»1: 12-19;:75c:' -' ..v 1-; 1
12-19
:...;
;.
,—
Class B:
North
1-14
1 -
Corp.—
Car
$2 convertible preferred^(quar.)
North;. American. Co.-
.North, American Rayori, class A,,-,--,,-,--,
,
■
Adjustment preferred ($25 pat), (quar.) ,n h .,25c;. 2-10
North American Acceptance Corp.—
...c #
^w.
Class A- (increased quar;) __—■
6c
1-20
.:
:
1245..
12-30
40c ,0.
'
Special
.
12-22
S2.50
$2.50
(s-a),__
■
5'
1-20
1- 2
••
^$3.75 .. 2- 2
,4-19
"5%;. 1st - preferred (quar.) ^; $1425.2-;
1^19 /
5% 2nd: preferred (acoum.)—$10 ; %; 27 2,
1^19 !
rNiagara Wire Weavlng^Co,, Ltd, (quar.),,,K
$256 ?
;41r27
;. Special
t50e'
1-. 2 .:. 11-27.
Nineteen. Hundred Corp., class B (year-end)
25c
1-10
12-31
12-15
2- 1
12-22%.
$1.50
Newport Industries, Inc., 4V4% pfd. (<Juar.)_
Niagara Hudson Power—
<
5%
1st preferred (clears arrears)
:
1-10 '
kr-i^lSc: ■*
York
12-10
12-22
1- 2
(quar.)
pfd. (quar.)
12-15
12-12
1- 2
1- 2
-
preferred
3.90%
12-20
.
1- 2
Rosario Mining Co.—
Light
&
Power
1- ?
,
$1.06'/4
56>/4c
_____—
New York State Electric
12-15
-
pfd.
.
$1.18%
Year-end
York
-f
12-31
12-16
%12- 1
12-19
> 12-10
12-8
4- 2
t
$1
common.
10%
RR.
York & Harlem
%% 3%%
V-:
12-19
56V4c
common
Consolidated,
(quar.)
:v
Service,
Public
|.
M
.,^1- 2 ; 12-15
$1.50
(quar.)
preferred.
New York & Honduras
■
12-19
1-30 •
.
22J/2c
——
pfd.
(quar.)____—
New York Chicago & St. Louis RR.—
6% preferred A (accum.)
^---4.^;
12-31
CO;)"•
A
Cafeterias
preferred
Morrison-Knudsen
:12r29
25c
59%o
-
(sec
preferred
.
37%c
—.
(extra)
(quar.)
5 V
37,>4tO
♦,
-
37 Vic-
—
common
Orleans
-4%%.
,<quar.)----^--^-^i.:%':37Vi<C^':!>i^38;v';?./-i^i0.;
-
Paper
-
,.62V2o,
—-
preferred
& Co.
Extra
Morris
,
——
convertible
Morrell (John)
$1
Marven's,
Maryland Drydoqk Co.
(initial quar.)
common
1-
.
rv
,12-27
12-26
12-15
f
12-20
*
Water Co.—•
series A
(quar.)
..
,
.
(s-a)_,-,.
Jersey
.
(quar:)pfd; (quar.)_
1-
15c
Martin-Parry
-
12-31
%l- 3
1- 2
$1.50
'"$1.50
25c
13c
(quar.)
(quar.),_
(quar.)_
conv.ipfd.
Preferred
;
—
12- 5
.
r
12-31
*
preferred iquar.)
__2_.—
England Confectionery___/_'_____-I—_
England Electric System
England Fire Insurance
Power & Light.4%
.
-
—
(Ohio)—
Co.
Jersey
New
11-28.
t25c
1- 2 .11-28
——
t$l-75
T- 2
11?28
——,t$l.-75 ^", 1*, 2,
Jl-28.
'
i5c ' j. 1- .2
12-15
—593/ftC
1- 2
12-15
-
(quar.)—
Moore-McCormack Lines—
12-15
1-2
Extra
4%%
12-13
1-
12-31
-,
Moore Drop Forging com.
12-20
1
75c
(quar.)
(quar.)——i..
common
4%
10c
preferred
Ltd..
-1-—
12-12
$1.50
com.
Corp.,
12-31
2
(quar.),-
1-5-48
>
25c
/• New
1- 2
12-19
12-15
12-15
12-15
12- 8
12-15
11-28
lrl5
1-15
,12-31
12-31
12-18
.12-20
25c
25c
x
Corp
Telephone
4'/2%
12-15 ;
1-2
$1
Works, Ltd.
Co. (quar.)
(quar.)
New
1-' '2'-.' .12-15
$1.75
-:;1- 2.".
$20c»'
i- 1
t48c V' 1-15
$55Vic:
1- 2 ;
.$$13)3
1- 2 '
(quar.)
1-15
$1.06%
pfd. (quar.)
A
1-
40C,
4'A%
class
50c
.
(quar.)-—-
,
$7
(quar.)
Co.
Paper
New Haven Water Co.
;12-13
1-2-48
20c
"
<4-
$1
(irreg.)
(quar.)
Co.
8
25c
(quar.)
& Son
(M.)
Angeles),
12-23
12-
;
New Haven Clock & Watch Co.—
12-15
^
12-31
1-15
1-15
/l- 2
12-31
12-31
4c %
6c
England Gas & Electric Assn. (quar.) —,
20c
1-15
4y2%,:;-• convertible preferred (quar.)
$1,12V6 •,;/ 1- 2
New England Lime Co., $3 preferred (irreg.)
• : -'-.i$.3>'.',*%1- 2
iNew England Power Co., 6% pfd. (quar.)__
$1.50 %%;1,- 2
New England Telephone & Telegraph
$1
12-31
New Hampshire Fire Insurance (quar.)
—50c
2
New
1- 2
1-15
1- 1*
$1.05
50cy
■;
Montgomery Ward (Ss Co.,. com.
Extra
-
2
2
New
1-15
New
*
common-,-..—,
(quar.)
:•
1-
117% c
—;—
pfd. (quar.)
Marsh
Utilities,
preferred
6%
1- 2 ;, 12- 1
1-2
12- 1
% . $25c
t$1.12'/2
(Springfield,
$1.25
Montana-Dakota
Newark
New
1-15
50c
Common
(s-a)
20c
■
.—
'
$1
Mass.)
.
Insurance
(quar.)
Monongahela Valley Water, 7% pfd. (quar.)
$1.75
Monroe Auto Equipment 5% pfd. (quar.)
63Vic
Monroe Chemical Co., $3.50 pfd. (quar.)87Vic
$1.25
(quar.)_
Corp.
(quar.)
Common
Life
Monarch
$25c
(year-end)
Marion Water Co. 7%
pfd. (quar.)—_
Maritime Telephone & Telegraph Co. Ltd.—
Marine
class A (quar.)_
Ltd. (quar.).»
Works.
—
.1-15
7c
Shares
Nelson ' (Herman)
12-31
5c
8c
Series-—
Stock
Shares
Corporation
12-31
1-15;; 12-31
40c
——
Common
Nekoosa-Edwards
12-15
12-15
12-15,
12- 1
12-19
12-19
12-20
12-15.
12-31
12-15
12-18
1- 2
1- 2
1- 2«
1- 2
1- 2
1- 2
1- 2
1-2-48
$11-9
62'/2c
• 1- 2 ?
t50c
1- 9
(s-a)_
(increased)
common
6c
Shares %
Steel
2-151 . 1-31
1-20',->12-31
' 1- 2 '12-16
1- 2 % >12-20,
1- 2% :12-19
1- 2
12-20
1- 2
12-12
1- 2
-12-22
20c
97V2c
t75c
$2
37'/2c
$1.22 V2
t25c
tl2ViQ
(quar.)
1-
125c
Gardens, Ltd. (interim)
Milling Co., Ltd. (special)
Marathon Corp., 5% preferred (quar.)
Leaf
Leaf
Marchant
Service,
preferred
Metal
12-20
•
=
Containers, Ltd.,
t$7
(N.
(quar.)__
S.)
60C
Semi-annual
Manufacturers Trust
-
Modern
Manufacturers Life Insurance Co. (Toronto)—
Maple
Maple
(quar.)
.,
12-31,;
1-15
..,.1-15
6c
Mutual Trust Fund-
.
Automobile
.
50c
15c
$1.15
25c
Co., Ltd. (quar.)
Birmingham RR., 4% pfd.
(J.
Mobile
2
1-15
50c
(quar.)
(quar.),
Financial Corp., class A (s-a)
Manhattan
1-
2
8
20c
Service (quar.)
Maltine Company, 4»/4% conv. pfd.
Manhattan
12-
2
13%C
pfd.
preferred
Low-Priced
Nehi
estimates
are
Series——
Bond
Speculative Series
First
below
Series
Low-priced
12-15
12-22
1- 3
$1.10
(year-end)
com.
Mississippi Valley Barge Line Co. (year-end)
Missouri Power 4 Light, $3.90 pfd. (quar.)_
12-31
50c
Co
Oil
Mississippi Glass Co.,
4%
(quar.)-
pfd.
Light, 5%
Mississippi Power Co., $4.60 pfd.
Mississippi Shipping Co. (quar.)
$1.06 y4
A
&
12-12
1-
(quar.)
Pov/er
12-20
50c
com.
Mission
(extra)
12-15
12-14
12-15
12-16
12-16
1-15
12-16-
distributions.
such
of
1- 5
12-17
12-17
1- 2
1-15
$1.62
50c
$1.25
(accum.)
Minnesota & Ontario Paper Co
Minnesota
25c
25c
37V2C
(quar.)
Co., common
.
$1.12y2
quar.)
•
amounts shown
The
Bond
New
preferred
$6
4'/2%
Co.
,
,
12-15
12-22
12-24*
12-31
1- 2
1- 3
1-12
1- 2
1-15
1- 2
1- 2^
1-2
1-31
1- 2
.
National Trust Funds—
Implement—r
Power
j
(increased)
preferred (quar.)—
Refining
Extra
-
Mmneapolis-Moline
2
1-
50c
Drug Stores Co.
Tea
12-19
,v
1- 2
1- 2
15c
25c
12-31
J7%c
Public
Class
2
?12>/2C
Coal RR. com. (year-end)
preferred (s-a)
Central RR., 6% prior pref. (quar.),
Maine
1-
Ltd.—
Export Co.,
Mahoning
Maine
9
.
(quar.)
Magnavox Co.
(quai'.)u—
5%
12-
10c
Petroleum
C.)
2
75c
(quar.)
(quar.)
(R.
1-
$3
—
National
.
(quar.)—
Ltd.
1- 2
50c
20c
5c
; 50c
t37V6c
50c
(quar.)
tquar.)___
Corp.
(initial
Tank
3-20
6-20
1-15
Stores, common
5% preferred (s-a)
Minneapolis-Honeywell Regulator Co.—
$1
_
55c pfd.
Mahon;
9
$1.25
(s-a)
Macy (R. H.) & Co., common
4'/4% preferred A (quar.)_
Mading
12-
J.)
(D.
Extra
(irreg.)
Oil & Drilling
Class
2
Inc.—
MacKinnie
MacMillan
1-
$1.50
preferred
participating
$1.50
Milliron's
50C
._
Publications,
Macfadden
9
Ludwig)
(year-end)
common
iquar.)
12-
40c
Supply,
Common
Street
1-2
$6
Lykens Valley RR. & Coal Co. (s-a)—
Lynchburg & Abingdon Telegraph Co.
Lynn Gas & Electric Co. (quar.)
National
*' 9-20
1-2-48
12-20
4-2-48 ?
3-20
7-2-48 - 6-20
10-2-48
9-20
12-29
12-19
12-29
(Dei.)
Co.
Car
.12-23
12-31
.
Manufacturing,
&
3-15
..,,1-15
1- 1
75c
quar.)-_
j.
1- 5
12-31.
12-20
.
$1
Shops
National
.
—
(increased
Cooker
J
Sugar
12-20
2'/2c
;
Corp
(year-end)
Bearing
National
1- 5
1-2-48
Stares
Bank & Trust Co. (N. Y.)—
Screw
Shirt
&
*
12-15
1-15
;
20c
80c
25c
(quar.)
National Stamping Co.
1- 5
4-2-48
7-2-48;
15c
20c
56'/4c
Extra
$2
Ludwig Baumann & Co. (see Bauman
Lux Clock Mfg. Co.
(year-end)
Pressure
National Safety
Year-end
12-15
25c
25c
25c
25c
7'/2c
;
$6
..
Motor
National
25c 10-2-48
s
-
—~
(quar.)
(quar.)
(quar.)_—
preferred
preferred
prior preferred
Miller Manufacturing
prior
$1
12-23
$I7%C 1-15-48
(quar.)
(quar.).,.
prior
$1
12-31
1-15
:
prior preferred
$1
1-16
2
$1
com.—
Manufacture
National
1- 2
4- 1
$1.25
National
>
1- 2
12-15
:
•
4- 1 '
3-15
$Ll2%;%-\ ls '2.(;.42-15
$1 liZVn
4-1
3-15
$1.25
Co.
National-Standard
25c
25c
Common?
12-31
/12-10
*12-19
12-19
il2i 5,
1-12
15c.;
15c
(quar,)_
com.
(quar.)
Lock
National
Corp.,
(quar.)
National Steel
1- 2
1-22
—
(quar.)
12-16
25c
Common
preferred
National
,
12-13
1- 1,
2r 1
,
(quar.)___
(quar.)
12-16
1-15
56y4c
(auar.)
(quar.),
National
1-2*
1- 2*
12-20
1-15
1-15
1-16 ' H
/ 2- 2
5- l! > v4-21
2c 5,., 87-22
2c
10-30
,10-20
$1, ,712-29 va. 12-15
50c
1- 2, 12-15
(quar.)
preferred
preferred
5%
"\
Hart, Inc., common
2
1-
37y2C
(Ky.),
Co.
&
Miller
1-
12y2c
;
________—
15c
Supply
&
Reclaiming—
Dreferred
2-
25c
(quar.)
(quar.)
Piping
Rubber
,,1,2^.1
$1 ;
2c'
& Stamping, (year-end)
(Hartford)
(quar.)
Gas
preferred
4V2%
5%
...
.
Insurance
Linen Service
4 Vb %
12-23
(Del.)—-
Louisville Gas & Electric
$2
(quar.)
Extra
$2
—
2nd
2
50c
$2.50
(irreg.)__
(year-end)—
of 111.
com.
40c
Midwest
$2
$2
—*
Extra
8%
1-
Products
preferred
ay*si
$20c
$1.20
(year-end)
Steel
Midwest
London
Lord
A
Middle States Telephone Co.
2
Fuel
12-15
12-19
1-14
1-14
12-29
12-23
1-1
25c
12-^5
20c
1-15
12ViC •
1- 5
J16c
1- 1
$37Vio ,%1- 1
National Hosiery Mills. Ltd. iquar.).tl5o 1-1-42
National Lead, 6 % preferred B (quar.) —$1,50 '
2- 2
1- 2
12-17
2- 2 "
1-15
1-14
12-29
1-2
12-19
1- 2
12-19
1-2
12-10
1- 2
12-10
(resumed)
B
Fire
National Glass Co., common
/National Grocers, Ltd., common
$1.50 preference
(quar,),
Petroleum—
States
15c
Hosiery Mills, Ltd.—
Class A (quar.)—
'(quar.)
Co.
Shoe
1-2
1-15
30c
$1.10
15c
25c
60c^
35c
70c
common
preferred
Mid-States
Enameling
National
.
/
,
National
Common
,
& Electric,
,15q(
30c
(quar.)
.......
.
12-31
2c
National
12-15
(quar.)
Michigan Steel Tube Products Co
Mickelberry's Food Products com. (quar.)—
$2.40 prefen-ed (quar.)
1-
'
Corp
Bumper
Michigan Gas
Co.
Quarterly
Quarterly:
12-22
12- 4
1- 2
Brothers
Mfg.
Quarterly
,
(quar.)
Michigan Associated Telephone Corp.—
6%
preferred (quar.)
t$l
Corp
Candy
&
.#>; $4 preferred A (quar.) ,,
National Electric Welding (quar.)
12-10
1- 5
12-16 "
,
10c
preferred
37%C
(quar.)
Ltd.
Theatres,
(Marcus)
Loew's
Loft
Chemical
Bank (N. Y.)
City Lines, Inc. '
National
,".1-15
,12-31
$1.75.
,
12-; 5V
12-22,
1-2
1- 6
.
506
National .-'City
,
1-15
Co.__
Machine
50c
,
(quar.)_——————
Inc.
Loew's,
:
Co.—______
Firebox
Locomotive
12-20
Cash
;
1- ,2 % 12- ,5-.
30c
•.
,
1-20:*
12- 9*
12-9
12-31
1-15%
15c
'
(quar.)
Register Co. (quar.),
National; Gasket Co., $7 preferred (quar,);,—
12-12
1-15
(quar.)
Metropolitan Edison Co., 3.90%
12-22
12-31
National
12-12
87%c
J25c
—
Corp.
Messenger
40c
quar.)
(increased
Chain
preferred
t50c
$43c
■
N
'
lS-15
40c 1-15-48
(quar.)
National Bronx Bank of N. Y._^,__%_
12-10*
t25c
Meredith Publishing Co.
12-12
1-2-48
$2
(monthly) 4,—
Steel
1-15
$2
(s-a) ————————
Lock Joint Pipe Co., 8% preferred (quar.),.
Common
2
Extra.
12-12
50c
preferred (quar.)
Mills, Ltd. (quar.)
.
*
National, Breweries, Ltd., common (quar.)
12-20
12-20
12-29
1- 2
60c
(increased quar.)
(com.)
_l
Middle
Co.
Locke
2-
—
Special guaranteed (quar.)
Original capital -—_
Little
.
•
12-30
50c
/
Co.
National Bond & Share Corp.
7%
12-15
12-20
.
Straus-Duparquet—
Battery
1- 5i
1-15
57l/2c 1- 2
93%C .,lr 2
, <
'
37Vic
1- 2
50c
2- 2
'40c 1-15-48'
convertible
National
12-15
'25c
i;;
12-15
1-2
75c
r
National
2-23
$1
Lipe-Rollway
12-10
$1.75
pfd. (quar.)
7%
(quar.)—
Co.
:
■
.
37J/2c
$2.30
Co.,
'■
12-31
.%2- 2
1-20
- >1- 2
12-17
"12-31
12-15
1- 2 ,12-20.
12-3L12-20
12-30
12-15'
1-15
12-31
1-15
12-31
4c
,
preferred (quar.)
(increased),—,
National Biscuit Co., common (quar.)
Co.—
.
Link-Belt
~
1- 2
12-30
.
50c
10c;
(quar.)
——
Metals Disintegrating
1-2
30C
5C
Liggett & Myers Tobacco,
6%
12-11
12-11
1-31
,
25c
Y.
N.
Miners
&
Co.
Extra
2
$1.30
$1.75
Extra
$3.50
Mercury
$1.12%
class A-
$1.25,'
1st preferred
common
(quar.)
& Bros.
Mfg.
National
12-11
1-2
12-31
2-16,.
Inc.,
Additional
Nathan
12-15
1- 2
25c
-.
——
(year-end)
—
Merck &
12-18
12-15
2
,£
System,
preferred (Initial)
Nashville & Decatur RR., 7Vsi% guar, (s-a),
12-15
,
2-14.
5-15
8-14
1-15
>"
1-15
$1
preferred
Nashua
12-15
1- 2
25c,\
Quarterly
8
87%C
—-———————
__—-
Extra
$1.75
Levy Bros., Co., Ltd. (interim)
—Lexington Telephone Co., 5.2% pfd. (quar.),
Lewis Brothers Ltd. (quar.)
—
Liberty Loan Corp^
12-20
12-15
1- 2
,,
25c
(quar.)
common
Bank of
Merchants
6
1-
12-29
A
Class
Merchants
12-10
:
30c
50c
common
15c,
(s-a)
Mercantile Stores, 7% preferred (quar.)
Merchants Acceptance Corp.—
1-15
1-15
■
Co.,
convertible
'5%
12-10
62 m
(quar.)
12-30
35c' ' 1-2
$1.06%. '1-2
13%c
-
—
-
Year-end
12-10
1-
(year-end
Leland Electric Co.
Mengel
12-19
2
1-2
class A—
non-cum.
Class B
1-
31V2C
(quar.)
& Sons, 3.85% pfd. (quar.)—
Realty Corp., prior pfd. (quar.) —
Lehman Corp. is
'
Leich (Charles) & Co., 7% pfd. (quar.)
Leighton Industries, Inc.~-
(James)
4%%
2
12-19
25c
Lefcourt
75c
12-22
50O
25c
;
$2.50 preferred
Lees
12-22
12-31
,
25c
(quar.)——,,—;
common
(initial)
•
preferred (s-a)
——-—-2c
1- 2
12-15
Meadville Telephone Co., 5% pfd. (s-a)—
62 %c
1- 2
12-15
Melchers Distillers, Ltd —
:•/•/.
: ■
%
6% participating preferred
(s-a)
—
+30c
12-31," 12- 2
Extra
i
t30c;
12-31
12- 2
12- 3
Mills, Ltd. (quar.)
Telephone & Telegraph—
Mi f-1*81 (F. E.)
Extra
12-31
$3
Lawyers. Trust Co. (quar,)
-
Corp.—
convertible preferred
5y2%
6%
2
States
.
Mutual
4%
12-31
60c
$4
Leath &; Co.,
.12-20
1- 2
12-16
1-12
1-12
r
preferred (s-a)
6%
Candy
McQuay-Norris Manufacturing com. (quar.)
4%% preferred (quar.)-,
Mead Jonnson & Co., common (quar.)
12-31
1-15
3iy4c
——;
Lang (John A.) & Sons, Ltd. (quar.)
Plant-Choate Mfg. Co., 5% pfd. (quar.).
La
La S8lle
.,<12-29
-
McPhail
1249:,
(quar.)
Munising Paper Co., 5% 1st pfd. (quar.)25c
Murphy (G. C.) Co.,-4%.%- pid. l;quar.)„___
$1,183/4
Murphy Paint Co.. Ltd. (quar.)
$20c
Murray Corp. of America, 4% pfd. (quar.)
50c
Muter
Company
(year-end)
1
60c
Mutual Investment Fund (year-end)
i
: 25c
12-11
1-31
50c
Extra
12-15
Irregular
12-20
,
preferred
Rice
12-15
1-
3- 1
$1.75
6- 1
$1.75 ,v; '9-.. 1
$12V2c 11-31
preferred%(quar.)
Mountain
1- 2
40c
$7
11- 1
1-2-48
25c
(initial).
12-15
•:
'$1.75
$7
Mount
1- 2
25c
(quar.),,
Extra
12-18
12-12
12-12
12r29
$1:25
' ,.*5uc,
common
-.
1
$7 preferred (quar.)
12-19*
12-18 ,
12-18
—
12-19
—
(quar.)
B
2
12-29
25c
25c
Bakeries,
United
Langendorf
62y2C
(quar,)
Mills Co
Cotton
Lane
$$1.00%
—
.
(quar.),-
Manufacturing Corp.—
-Class B
s
12-31
"v%-V-
Machine Co (quar.)
(Arthur G.) & Co., class B
McKee
Mullins
ttoiaert
When
,
'[-9har»'-J^v»hi0:o-fi'Rea'}'
.
$5 pfd.
Corp.,
Motor Products Corp
12-15
12-13
-
12-29
1-2
50c
75c
—
Pet
Name ot Comvant
Motor Finance
12-18
12-15
1- 2
50c .
12-23.
Extra
'60c'1-2
McKesson & Robbins, $4 preferred (quar.)__
;
$1 " 1-15
McKinney Mfg.
Co.
'4c
1-2
McLellan Stores, Co. (quar.)—;
25c
1-31
12-15
2
(irreg.)
$2.50 (preferred
(s-a)
Boldera
12-31
12%c
1- 2
10c
1- 2
$50cr 1-1-48
t$l
1-20
62V2C.
12-30
35c
12-26
88c
12-31
(extra)
McKay
1-
1-
(extra)"
■
Monday, December 29, 1947
Payable of Rea.
20c
Mclntyre Porcupine Mines, Ltd.—
$$■1.50
Lamson, & Sessions Co.
Common
Co.
& Co. $1.50 pfd.
12-17
Year-end
(Ont.)—
,—
H.), Inc.
(M.
(F. H.)
1- 2
$$1
Lamston
Electric
McGraw
1-15
1-22
50c
——
Investment Co.
Loan &
Semi-annually
Lambton
1-
5c
t$1.50
(Interim)
Ltd.
(reduced)
Mines,
Gold
Lamaque
.
Share
Company
class A
McAleer Mfg. Co. 5% conv. pfd. (quar.)——
McBee Company
(quar.)
—
£
McBrine (L. M.) Co., Ltd., pfd. (s-a)
McColl-Frontenac Oil 4% pfd.
(quar.)
McCord Corp. $2.50 preferred (quar.)
McCrory Stores Corp., common (quar.).—
$3.50 convertible preferred (quar.)
—
12-15
20c
Paper
Name oj
12-10
1- 2
$1.25
conv.
&
Power
4
i./;v.; ^SPafi::'X When
Max Factor & Co.
42-20
12-31
_—
,
pfd. (quar.)
(quar.)
Superior & Ishpeming RR. Co.—
John
St.
4%
Industries
France
Lake
1-2
15c
'
.
La
75c
Tool
Kut-Kwick
%
Payable of Ree.
$25c
(B.) & Co. (increased s-a)~
Corp., 6% pfd. (s-a) -----
Kuppenheimer
Haider 1
Wh*n
Per
Share
Nam$ at Comvan»'
-
,
CHRONICLE
FINANCIAL
&
' 12-19* •
12-31
60c
(s-a)
t
8'
12->19
12-19
19-91'v
1" >3
./■
i;
Volume ; 166 yr Number 4659
V'-oVyy.; V-,-441*01
Name oj Company ';-V
da«r«
Northern
1
States'Povyer (Minn.,
Payable
90c.
y
-
; .'•
'■
■
'•
:
V33A7e pid^XtjuaT.)^.^-^—93 %c
NorthwestemLeatfrer Ga.--r
,;;
>, 1
' 1
',
■
.
„
12-31
12-20
——
25c
.
r
.
(
$l,oU
,
1-15
1- 2
Plainfieid
Piume
.
1-
2
<12-10
1- 6
1st pid.
•-.NflTFje of
.'12-10
1-
2
12-31
laccum.).
1-
2
1-
2
$2 .1-2
.12-15
$25c
1- 2
12-13
buo1- 2 v I2-I8
$$4
112-31
12-26
$2t>c 1-2-48
11-26
—
Novadel-Agene
Corp..
Co.
iquar.)
tquar<).:____-____
'....
Nuclfcar
Luterpiiieoj'Lou. ' unieTim;
JS—
Ogilvie Flour Mius, Ltd^oommun tquar.)_.
Ohio Edison Co. com.
4.40 %
Ohio
preferred
■L.ewiner
Common
15
w_-
...
-
—_
(quar.)
,
prelerred
60o
1-20
.6C
1-20
Holding—
$5 non-cum.
;
Ohio
Oil
Water
Gear
Oklahoma
4%
preferred
service
Co,
•<
1-2
12-15
lias
Industries,
tne
ported
,4%
revised.
been
Dec.
as
prexerred
Oliver Corp.
Oliver
Presstu
12-31
12-19
Preston
12-27
6
pfd.
cony.
(quar.)
a
5%
12-31
12-19
$1.12'/a
1-31
1-15
2- 2
,
10c
$1.50
Ottawa
12-31
12-31
$2
$25c
iquar.)
Electric
Extra
itanway,
new
______
Pacific
&
Gas
Electric
Pacific Indemnity
Extras
Pacific
Co.
Intermountain
Initial
.6%
2
quar.
50c
.1-
55c
2
Mfg. Corp., 6%. p^d." (quar.)__.—__
(initial)
Companies, 4% p*u. iquar.)
12-29
Radio
Co.
5%
Corp.
of
$3.50 cony.
1*2-48
12-16
1-19
:
2
Purii»
,1- H
1-15
57o
12.-19
1-10
1-
;
1
12-31
1-* 2
Reed
•
Class A
12-20
Reeves-Ely
12-15
Reigel
12-15
3-15
Reis
Reliance
3- 5
1-15
Common
1- 2
$2.10
50c
1-2
12-17
50c
1-2
12-17
10c
,
12-31
25c
.12-31
12-
1
12- 1
—
—
i
(quar.)
preferred
$5
1- 2
—.__
12-10
1-31
1-15
12-30
12-15
Stock
dividend
Water
Perfex
—
Works, 1% preferred
Co. (quar.)
Circle
Corp.
$1.75
preferred
1- 5
1-5
12- 9
12-1
1-2
12-11
2
12-11
1-
12-31
'
(quar.)
<;fi 5%. preferred
:
Extra
■ ;
Phoenix
;Pick
i^
(Albert! Co.,
.
Governor
Co.
12-31
12-
12^31 •
il/f % : preferred (quar.)
_______
Pittsburgh, Forgings
cash
(stock
<
dividend).
dividend—^
Textile
1-
12-12
2
12-29
.
12-
2
1-2
1-
2
$1
1-1-48
12-22
5
1-2-48
1212-
8
5c
1-
1
6
15c
2-2-48
1- 2
(quar.)__
$1.50
1-
1
$1.31'A
2-
2
(year-end)
10%
:
2
1-
1
1
Corp.
(extra)
(quar.)
1-
2
Corp.
preferred
Robbins
$1.50
%
12-31
8%
12-29
Co.
pfd.
(quar.).
1-15
1-2
*50c
(This
preferred
12-12
convertible
Robertson
preferred
(P.
L.) Mfg,
(quar.)
Common
Co.,
1-15
$3.62%
(initial).
(initial)
1-
15c
1-
12-10
1- 2
12-15
1-10
12-31
1-2
Robinson Cotton
1-
12-20
1
Rochester
Co.
1-2
12-12
2
$3,25
12-12
12-15
convertible
preferred
4l/a%
12-31
Rock
12-31
Rockwell Mfg. Co.
12-22
12-12
1-2
1-15-48
53 y&c"
'
.
12-12
5%
1- 2
12-20
.
,
1.8%
12-15:
50%
37VaC
1-20
-12^30
*12^30r
l-io"
12-12
12-12
Ages Corp.
series A
class
common
(extra)
(quar.)
preferred
Rico
non-cum.
pfd.
Roper
Extra
(Geo.
D;)
Corp.-L——
12-17
$1.25
(initial);
1-2-48
..
12-10
&:■
1-
25c V
1- 9
25c
1-
2
9
12-10
12-30
12-30
1-10
12-40
:
$5
1-10
12-19
12- «
10c
12-29
$20C
1-28
12-27
$15c
1- 2
12- m
1-
2
12-«
1-
9
1- a
$$1.25
u
Corp
$1
12-«
2-14
25C
■-
1-15
1-15
2-14
$30c
(quar.)——
2-
2
1410
2-2
1-10
153c
pfd. A
(s-a)
1-15
1-3
$3
__—
1-2-48
12-2)4
2-
250
—i_
Co.
(quar.)
1-20
12-®
t
50c
1-
2
12-22
:25e
1-
2
■'■i 12-22
50c
1-
2
12-15
1-10
12-27
1-1
12-45
20C
.
12- 5
12-31
1-
2
12435
15c
1-2
12-35
5c
1-2
12415
1-
12-35
$1.37
_______—
$1.25
—.
—
Works
12-351
1-30
$50c
(quar.)——-—
(increased)
pfd. iinitial quar.)
com.
1- :s
3
425c
■
—_
2
$1
12-31
12415
25c
12-29
12410
62 VaC
1-2
12-39
$1.12 Va
1-15
(extra)
(quar.)
Sugar com.
1- 2
tquur.)_
$1
1-
2
12-16
•'
$1
1- 2
12-JI6
1-2
12-116
50c
1-
$2
12-0)6
2
12-315+
12-24
(year-end)_
37VaC
12-20
12-410
$1.75
Public
Acid
Service
(initial)
Co.
Sulhpur com.
&
—
preferred
Works,
Print
&
(quar.)———
& Electric
—
12-31
12-S
12-31
12-(8
$30c
2-16
? .1-220
$1.50
1-15
12-3.9
Co.—
$1.20
Roofing Co.————
Dairy
1-15
12-33
1-15
12-35
1-
25c
12-3S
Co.—
Products
—
—
Associated
1-ilS
2- V
$1.50
—
——.
preferred
37VaC
+
(quar.)
States Iron
Southwestern
f12420
(quar,)_.
England Telephone Co._
&
12-510
2
Edison Co.—
Indiana Gas
Ice
1-
$1,75
—.—
Canada Power Co., Ltd.
partic., preferredf iqiiar.),
New
12-510
12-31
Inc.—-
27C
(quar.)
preferred
12-31
55c
—..
Bleachery
12-ao
20c
—
2
1-
$2
2
1-1
$3
12419
1-2
$1,50
12-15
Telephone—
(quar:)
—;—
1
1415
$1.25
1-2
12-0(5
2-
55c
(quar.)———~
(Dallas)—
——
—-
—
___
35C
12*31
New
common
Square D
.
Squibb
(quar.).——'
_uu-—
(E. R.)
Stadacona
& Sons, $4 pfd.
Mines
(initial)
12-20
■
$3c
1-5-48
12415
•47 %C
1- 2
12415
20c
(initial)—.
(initial)-wu-r-—
;Extra-.:
1413
1-15-48
,75c
12-31
50C
12-31
Springfield Fire & Marine Insurance Co.—
;'l-- 5'5
1-.2 I.
30c
1
420c
Ltd.—
Sperry Corp. ___—u__—
Springer Sturgeon Gold Mines
12-18
1-15
10c
,15c
—
2-
1* 2
12-26
1-15
Quarterly
12-18
f
1
25C
Southwestern Life Insurance
)
12-18
1-2-48
$1.25
:
:
2-
15C
5% ' preferred
12-18
1-2-48
$1.25
_i—
(quar.)
prior preference (quar.)
12-31
5
12-29
40c
2
1-
$20c
Southwestern Gas Si Ele-ctric—
12-15
1-10
20c
; IOC
2
12-29
$2.20
12-15
1-
12-15
1-
A„—_——
Southwest Natural Gas, $6 pfd. A (quar.)..
Southwest Service Co. (year-end)^—.-—...—
12-15
1-2
$1.12'/a
(year-end)
Rome Cable Corp. com. (quar.)
A% conv. pfd. (quar,)—.——
V;>V"
—
12-31
20c
...
Roland Park Co. 5 %
J
.
$2.50
of
Rockwood &• Co.,
5%
preferred
1- 2
-
$3.25
(annual)——.
Telephone Corp. com. (quar.)_
1st pfd. series A (quar.)
1-16
1*2
1*5
•
Rochester
1-16
$1
.1-1
1-15
12-31
31'Ac
$1
Year-end
12-20
2- 2
50c
124T5
iquar.)
'
1-5
-15c
1
410c i
—
12431
2
5.9 3/e C
pfd. ($25 par) (initial quar.).—:
pfd. ($100 par) (quar.)
West Penn Pipe Line
——...
Southwest
Ice, Inc.—
30c
.
1-
162 VaC
(quar.)
(quar.)
1-16
1-15
It
$$1.75
———
Scutherp
(quar.)
Mills, Ltd.
Rochester Button
12-15
Gas
preferred
Southern
Ltd.—
$50c
2-25
25C
Typewriter
Corona
Lathe
Porto
4.8%
12-10
1-2
$0:1979
12-18
12418
41 VaC
_;™u——
Southern
5
2
1-2
—i'
com.
Orginal preferred
4.32% preferred
pay-
-1
12-18
2
12-29
—
preferred
6 io
com.
1-
t30c
iquar.)
Southern
Controls,
12418
12-12
12-31
5c
(interim)™
(quar.)
Southern California
it Mvers, Inc.—
participating
2
v
(quar.)
Ltd,
Co.,
Bend
7 %
12-18
2-2
4 12422
1-
.
Dairies,
Hungerford
Southern
Ltd.—
ment clears all arrears)
43/4%
12-29
$1.25
(quar.)
1- 2
30C
preferred (quar.)
4
Southern Advance Bag & Paper, ccm. iquar.)
■' Extra—_—-.u
12-18
$1.25
$5
12417
20C
'
12-16
.
—
Ltd.
7%
12-18
12-29
2
—
Southeastern
12-15
12-29
2
1-
>
• <iu&'
Ltd.
preferred (quar.)
Southern
12-26
15c
________
(quar.)
Mills.
Robertshaw-Fulton
1-15
8%
12-11
50c
$1.50
_:
(quar.)
(quar.)—
124K8
1-
12% 0
South
12-18
1- 2
12-29
$1.12 V2
i
Corp.
C.)
Extra
12-15
$1.50
__
46c
$1.37Va
31 V«C
4Vs>%
12-15
1-2
12-15
12-15
$30c
(J.
South
12-15
1-
75c
pfd.
Mines,
& Gas; com. (s-a).
(quar;)—
——...
South Pittsburgh Water Co.—
11-25
$1.75
(quar.)
i;y-:2416
2
-
(L.
5%
12-20
12-30
2-16
1-2
South Carolina Electric
12-10
2
$1.75
$2 participating class A preferred
1-15
1
2-
1-
1-
2- «6
1-
m
Extra s.—*_xc_u—;
5%
12-10
90c
2-16
$1.25
—
South
12-19*
50c
$1
Products
$25c
15o
—'
"Extra
12-15
12-26
40c
30c
1st pfd.
Oil
South Atlantic
12-19*
1
124MB
■
DUC
Corp., $1.25 conv. pfd. A (quar.),.
Sorg Paper Co., 5V2% pfd. (quar.)——
12-10*
1-
$1.37 Va
7
Sonotone
1-10
2
2418
1-
20c
Sommers Drug Stores conv.
12-9
12-31
Power
<a
Society Brand Clothes
2
12-31
75c
(quar*)
Inc. com.
Cement
12-30
2-1
1-
12'/aC
dividend)-
24D8
1
25c
(quar.)
Publishing
preferred
Smith
-1^1-5' i:
12-
2
3-1
;
3-
■———
(quar.)
Corp., 6%
(A. O.) Corp.
Smith
12-10
12-22
12423
25C
—_———-—
Extra
4%
;
25c
1-
$1.25
(quar.)
Smith (Howard) Paper Mills Ltd. com. (quar.)
1-15
25c
12-17
.i——
Sloane-Blabon
12-12
2-2-48
12-31
——...
—
(N.)
Smith
12*20
1-15
15c
-.
12-17
$1.75
(quar.)—
(Boston)
$2.12 preferred
9
1-
12 -IO
12-31
f
(quar.)
preferred
Slater
12-8
J15c
2
$0.2917
preferred (quar.)—
Corp. of America—
Extra
12*22
$1.12 Va
2
1-
$50c
————
Western
5%
12-15
1-
1-2-48
124KB
1-
$1.50
(quar.)
A
pm.
Simmons-Boardman
8
25c
:* i2-'i'5
20c
31 Ac
St. Louis—
Corp.———-
Association
Dairies,
::
40c
1-10
'
1-15
12-16
$1.12
o,»
Extra
12-23
12-
1-15
2
2
1-1U
Shares—
Silverwood
12-26
12-31
87 Vac
(quar.)
(quar.)
'
(quar.)
(stock
pfd.
Sigma- ■ Mines,v LtdU——
1-16
12-31
2-
i._.
Steel
Sinclair
75c
12-31
2-
65c
preferred (quar.)—
Sick's Seattle Brewing & Malting Co.
(Pittsburgh)—
.
2
1-
i>oC
—.
of
12-ao
12422
12'/so
common
$6
12-ao
2
1-
27 Vac
—
,
-Extra"'.
12-18
1
2-11
12- ®
1-2
$2.50
(quai*.)
Silverwood
2-
12-12
;*•
12-31
$1.50
7 %
12-16
12*31
50c
52'Ac
15c.
$1.12 '/a
Industries
Common
12-19
31'Ac
2
'
12-23
12-31
Kl-
1-2
$1.25 convertible preferred (quar.) ____—
Sherwin-Williams Co.. of Canada,. Ltd.—
3*
15c
pref.
1-16*
3-1
■
12-13
1-
5
1- 2
1
50c
from income &
4%%
12-13
12-31
12-
2
2-
Sheraton
r
12-22
12-31
1-
1-15
91'Ac
A
(quar.)
Snellmar Products Corp., common
Co.—r
com.
preferred
class A
Co.
12-13
Inc.—
(quar.)
General
12-ao
12-13
1-
83 %C
,
5'/o
Corp.,
2
12-29
12-29
85c
(quar.)—-
American
Extra
12- 1
:_.
6%
RR.,
Special
Shawinigan Water
Sheep Creek Gold
12-12
1-2
12-31
2oc
(quar.)-
———
Co.,
Silk
1
l-*i5
30c
Pittsburgh, 'Cinc^ Chicr &,'St, Louis ftR.-^Semi-annual 1
conv.
ptd.
Corp.
Shav/mut
1
1-2
12-31
1-15
SI.25
———
pfd.
——
Sharon
1
3-
50c
iquar.)
Water Works
25c
-——
(quar.)
Ino., '(quar.).i
Inc.
$3.50
_____
.
Pitney Bowes,Inc.,
57f
12-1
50c
——,—
Fashion' Mills,
12-
50c
shares
Riverside
12-12
$1
(quar.)
2
1-15
1-15
"
12-18
2
1
25c
(quar.)
23c from capital gains
$5.50 prior pid.
iquar.)
preferred (quar.)
-Shakespeare Company —
Shamrock Oil & Gas (quar.)——_———
23c
12-18
50c
12-12
93%c
(quar.)'..
(increased)
8
1-
(initial quar.)„
:.
$2.50 preferred
Extra
Pilisbury Mills, $4 preferred
Increased
1
$2.50
-
Pilot .Full
1-
-
62y2c
(Initial)
common
1-
2-
2oc
Servel, Inc.,. $4.50
12-12
■V:-i:l-;2'-,
12-11
•
.
Line
preferred
Selected
■
.
(Hartford)
Bros.,
Metal
Ritter
12-12
$1
Corp.
5% vprefen-ed, (s-a)
Pierce
l
9Gc
—
Silk
2
20c
Ltd. class A
2nd
Riegel
Rieke
Co.—
(quar.)
Co.
1-
$1
Transportation
;
12-31
1-
4-
Richman Bros,
1
37y2C
Philadelphia & Trenton RR. (quar.)
rPhilCo-porp,, 3%% preferred A (quar.)__j__
Phoenix Insurance
12-
25c
(quar.)
Suburban
1-15
12-^22
2
;■
133/4c
iquar.)
preferred A
Selected
1
7 Vac
Inc., common..*..
(quar.).
preferred
Common (extra)
1
30c
.....
.....
________________
preferred
Philadelphia
12-
$11- l
'Philip Morris & Co., Ltd., Inc. com; (quar.)
3.60% preferred (quar.)
'ji 4%
2
1- 2
$l.i2'/2
...
12-
12^30
1-2
1-
50C
$1.10
____________
preferred
3,35Vo
preferred
Extra
12-15
12 Vac
12-31
1-
5%
^
2
2
25C
Engineering
Metals Co.
Riverside
...
$L preterxed
7 %
12-26
1-26
—....
Philadelphia Dairy Products—
Common (stock dividend)
$4.50 1st,pfd. ..(quar.)
$4 non-cum. 2nd pfd. (quar.)..^
11-
40c
30c
Rice-Stix Dry Goods Co., 1%
12-10
1-12
1-15
'
8
i2y2c
-
Co.
$3.40
Seiberling Rubber c-o.
4W% pfd. (auar.»
12-20
50c
(extra)
American
12-22
1-10
15c
Philadelphia; Electric, common
5
12-21
871/2c
....
12-
$1.183/4
Common cash dividend; (resumed)
'v
convertible
preterred^ (quar.) _3—3.
Richmond
(quar.)....—
2
1-10
$1.50
Rhinelandsr
12-22
Philadelphia Co., common (year-end37'/2c
§5 pref^ (quai-.)—
;
$1.25
$6 pref. (quar.)..—
$1.50
>*'
12-11
12-
$1.06V4
Rubber Co.
12- 8
1-
50c
Reynolds Tobacco Co. com. (year-end)
3.CO %
preferred
(quar.)
Paper Co.
(quar.)
Rhodesian Selection Trust Ltd.—
12-22
2
1-2
^1.06%
2nd preferred (quar.)
(Charles) & Co.—
Tire &
1-
25c
,
3j/2%
Pharis
8
$ lc
*
1st preferred (quaK)i,33_^_.«^.3^..
4'/4%
12-
1-15-48
20c
,
Pfizer
;
20c
_______
Perron Gold Mines, Ltd. (interim)
Pet Milk Co.r common <quar,)
4^4%
8
20c
——
Extra
;
Reynolds
12-
12-31
$1.37 V»
(quar.).
12-15
12-27
;
10%
Peoples Gas Light & Coke Co..
Peoria
Perfect
I- 2
50c
Copper & Brass 5V4%
Reymer &
12-15
1- 8
1- 2
40c
(quar.)
12*15
1-16
$1
Investors: Fund, Inc.—
6% preferred A (quar.
6% preferred B .(quar.)______;__-_._^___.
Republic Pictures Corp., $1 conv. pfd. (quar.)
Republic Steel Corp., common (quar.)
6% prior preferred A (quar.)
12-10
1- 2
$l
$1.25
—„
2
(quar.)
Company
Revere
(quar.)
1.
1
Republic
...
People's Drug Stores (cash aiviuend)
12-15
2-
60c
—;
Reo Motors
Pennsylvania Water & Power Co.—
Common
Extra
Renner
1-16
12-19
2
:
-f——
Renfrew Texti'es,
s
12-131
$$1.25
50C
57f
preferred (quar.)
Security Bank Note new com, (initial quar.)
New preferred (initial)
i—
Seeger " Refrigerator -'v--—
Seiberling Rubber Co. of Canada, Ltd
12-12
1-
35c
___!
12-12
12-19
1-10
$1.75
Insurance
12-12
2- 2
1-2
1-27
(extra)
&
2
12-31
12-20
2-25
(quar.)_
(year-end)
pfd. (quar.)
Remington Rand,
,$4v50 preferred
1-
12-2210
12-UT
2
Co.—
(quar.)
Securities Investment
12-20
2
$7
Co.—
1- 2
40c
quar.)
pfd, <quar.)—
$1.25
Pennsylvania Forge Corp. (year-end)—.
70c
^Pennsylvania Power Co., 4.25%, pfd.; tquar.) j $1,06 lA
Pennsylvania Power & Light Co.—
Common (quar.)
•
30c.
preferred (quar.)...
$i.l2ya
Pennsylvania Salt Mfg. Co.-—
>-& v
3'/2%
preferred A (quar.)
,
——SIVsc
Pennsylvania Telephone $2.10 pid. (quar.)..
63c
2
1-
$1.25
Quarterly
.
1-10
1-
933/4C
Reliance-Mfg. Co., 3,/a% conv. pfd,
Reliable Stores Corp. .(quar.);
12*12
12-23
$2
37Vac
(quar.)
Inc.
Co.,
Air
Securities
12-10
30c
:
prior preferred
Life
1
15c
conv.
Reliance
1-
1-1-48
t25c
Year-end
1-2
1-15
2-2
2-
....
Co.
$2.60 conv, pfd. <quar,).
Securities Acceptance Corp.,
5%
1- =5
12-3)6
140c
Seaboarp Finance Co, cum.—-.
12-11
83/4C
Electric
3-15
2- 2
.519
,
$1.25
12-29
,
125c
—
preferred A
(quar.)..—.— '
Steel; Co.. (year-end)
——^
5 Va %
:
2
1-15
h1"'-2
...0
l$i, i5
—;
Railway
(quar.)
&
Electric
seaboard
12-19
87VaC
________________________
Corp.
(Robert)
$4.50
Scullin
.12-11
2-28
(extra)
Laboratories
Paper
2-16
40c
12-TD
.
$1.25
40c
tquur.)
•ftcxuggo-Vaudervooit-Jbarney,
9
1-2
12-29
com.
Manufacturing com,
preferred iquar.)
$3.05
Mills
Brothers, Inc.
New
■
1-
t$1.06
(quar.).
\
(quar.)
& .Atlanta-
(Ed.)
Paper
Scovill
.
(quar.)
Reeves
12-
12-23
:
$1.50
Drug Co. com. (quar.)
25c
———;
12- «9
.V
pid.
,
preferred (quar.).
preferred (quar.)
7%
Works
pre.erred
Scranton
1-15
10c
(increased)™
com.
Red Owl Stores, 4 % % pfd. A
Reece Corp. (year-end)
$75c
—
5%
12-15
25c
n
;
-(quar.)
$$150
......
(quar.)
(increased
iquar.)__
(quar.)
Hosiery
1- 2
12-23
4-^1
«50c
A
Silk
1-15
2-14
$1.25
(quar.)
eom.
pref«j;red
Packing
Class
12-24
12-29
Pennsylvania Glass: Band: Corp.—
Common
pfd.
(quar;r-L._^I_f
Real
l-l
3.c
Schuster
2
50c
(year-end)
1-5
S1.37V2
—.——...
1-2
1-
$1.50
America
1st pfd.
3%.%
12-15
$1
—
—
$1
30c
convertible
Raiaon
12-26
1- 2
15c
Penntylvania Co. for Banking & TrustsQuarterly
w.————w
Pennsylvania Engineering
Extra
11-28
!___.
preferred
Oil
Raymond Concrete Pile
.
>
11-28
12-31
Rayonier, Inc., $2 preferred (quar.)____^^
Reading Co. 4% 2nd pid. tquar.)
Reading (Pa.) Gas Co. (s-a)
Reading Tube Corp. class A (initial quar.)__
i...—
Extra,....———
12-31
50c
12-15
37V2C
(s-a)__
<quar.)
12-15
50c
12-31
peabody Coal Co., new prior preferrediiuj,r $0.2083 1-12-48
v
6%
preferred (accum.)—v——$1 1-12-48
Peaslee-Gaulbert Corp.; '4V2% pfd. (quar.).
22V&C
12^30
Peerless Casualty (N. H.) b7« pid. (s-a)___
$3
12-31
Peerless Cement Corp.___
25c
12-31
Peninsular Telephone Co., com. (quar,^....
60c: 1-1-48
com.
12-31
pfd, (quar.
Quebec Power Co. (quar.
-
preferred (quar.)
Penney iJ. C.) Company.-..—..
$2.50
$1.75
1-15
Common
preferred
12-17
i
12-31
$1
6%
9
Water
Savannah
1
50c
05c
Parafiinc
^
12-19
1-
15
12
Jose
Common
Ratheon Mfg. Co., $2.40 conv.- pfd.
Raybestos-Manhattan (year-end)
15c
^Penmans Ltd.
1-.2
—
12-15
75c
1- i?
$1.25
Paper
Seaboard Container
12-19
$40c
1242B
1-16
Extra
12-19
12
50c
2
■!l'::year-end
—
2
—.—
12-29
Western Oil Corp. (year-end)______
Page-Hersey Tubes, Ltd, tyear-end)
';;
orererted iquar.)_____
panhandle: Producing & Refining Co.-v
S3
San
J.—
Rath
Pacific
Common (quar.)
$2.50
1-
prd. (quar.)
12-31
1-
12-jart
2
iquar.)—
Sangamo Electric Co.
12-24*
_______
$1.50
(quar.)
RR.
1-15
$1.25
12-20
15c
River
1-15
1-1-48
^
Oklahoma 4%
01
1-15
6%
Hudson
12-19
12-16
$2
6%
12-19
2
1-
15c
-
12-11
2
1-
t3c
1-12
20c.
Paterson &
v
12-31
$2.50
"J5c
(quar.)
preferred (s-a)_____.__
Paciiic Telephone & Telegraph, common
.
1-15-48
t S2
—
12-15
12-15
Co.
Paper
Regis
Scott
$1.25
Pacific Public Service Co.
Pantex
J75C
•
12-30
.
1-
y
$1.25 -v
Co., 4.40%
lot pid. A
Samson United Corp., 55c conv. pid. (quar.)
San Diego Gas & Electric com. (quar.)—— cu
5% preferred (quar.)
12-19
56V4C
Purolator Products; Inc.
(year-end)
Fyle-National Co. com.
8% pfd. (quar.)
Quaker Oats Co. com. (year-end)
.12-15
1- 2
Pacific Telecoin,
preferred
12-31
(interim)
Service Corp. of N.
preferred (monthly)
prc.erred (monthly)
6%
12-12
Croix
St.
'
'
6%
12-31
5
12-
Il'/aC
Radio-Keith-Orphe-um
(quar.)
is-aj
1-15
2
1-10-48
(quar.)
12-8
1- 2
1- 2
10c
;
Ltd.
11-25
1-
11-21
(s-ai
pfd.
Pure
12-12
1-15
50c
:
Petroleum
12-31
$1
12- 8
Express Co.—
Pacific Lighting Corp., $5 pid.
12-15
20c
;
Extra
12- 5
12-5
1- 2
•.
>
12-afB
St.
6
1-
t30c
(qt.ar.)_
Publication
Corp., com. voting (quar.)
Original preferred (quar.)
Pugct Sound .Pulp & Timber, com.' (quar.)
12- 9
12-19
12-15
2
y/o class A conv, pid. (accum.) -iJ._—u—
Lawrence Fiour Mills, Ltd. com.
(quar.)
77c preferred (quar.) -—
i--.u
St. Lawrence Paper Mills, Ltd,—
'6% preferred iaccum.1
_____
St. Louis National Stockyards
12-24
45c
—
Ltd.
'$5-:.preferred (quar.)
7%
preferred (quar.
Public
37%e
(quar.)_— ~—
Pacific
12-31
iquar.)
Worcester RR.
12-12
12-23
50c
tqurti.,'——.—..
&
12-20
1-
1-
___"
Joseph Light & Power, 5%
St. Lawrence Corp., Ltd.—
lz-24
'
f$i.50
(quar.)
f uolic Service .Electric 8s Gas-—,
■
i2-a»
12-22
35 c
(quar.)
St.
$1.75
8 %
Co.,
1st pfd. ' (s-a)
2nd pi'd (s-a)
Public Service Co.
$$1.25
1- 1
20c
1-15
$11- 5
__
St.
'12-20
12-15
:
1-20
(interim)
preferred
Alines, Ltd
Ltd., 4% pfd.
12-12
1- 2
1-2-48
1- 2
1- 2
1- 1
,25c
Light & Power, Ltd. com. (quar.)
5%
preferred
(quar.)
Oxford Paper, common
im«g.)_____
Pacific American Fisheries tyear-end) u__;
'.Pacific American investors, com. (Initial)..
$1.50 preference iquar.)
12-31
31'/4c
Dome
1-2
$$1.25
Ottawa
,
12-31
$1
10c
(year-end)
4V2 '/c
Gamble
&
1- 2
$L12 va
,.,i$25c
$?5C
' $15c
(Initial)
_________
East
Brothers,
.6%
iquar.j
com.
Inc.
Oar,
Providence
12-10
12-10
25c
——
Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
uQ;
11-29
U
2'
luc
__u_—.u.
preferred
partic.
Lambert,
Steei
Proprietary-Mines,
1-15
12-31
000
__
—.—-w-
_
Ontario juoan & Debenture
12-31
Propper-McCaAum Hosiery Co.—
,
©'Sullivan Ruboer Corp. X Va.)', 5% preferred
Oswego Falls Corp.; 4 Va % pui. t initial quar.)
(quar.)
2
2
—
Price
Ontario
.
,12-31 5{v.:
2
2
.-1-.
v
22 ViC
Ltd., com.
Canada,
oi
11-
(increased
com.
12-H8
2
$1.12 Va
iquar.)'__
preferred
,
■;
non-cum.
&
Proctor
__
vu^«r.>
Corp.
#6%
$5
common
preferred
Pratt
12-22
$1
_
8%
12-31
2
1-
20C
(quar.i-.-._.M-.—.—
1st preferred
; 6 %
17.
FRier*. <cia—
Corp,,
lz-31
1-
;
.
previously re¬
Omar, inc., Common (quar,) 24
6%
preferred (quar.)
*.
Omnibus
i-oi)
1-15
boCv
t quar.—-—
a
4%.%
United
was
12-16
12-19
Co.
1-
25c
—
Haynes, Inc. *J_;
-j
Sateway Stores, Inc., $5 preferred (quar.)_
Saguenay Power Co., Ltd.—
4 Vt %
preferred (quar.)
Co.—
Company
1L-31
30c
(quar.)
announcement
above
It
Power
12-31
$5
__
lecurd date for
has
Potter-
5oc
com.__.
Inc., common iycar-enui
informed that the holders of
oeen
12- 1
$1
.
We have
'
t>uc
;._
—_
Old Town Ribbon & Carbon Co., Inc.
Clin
1- 2
.
preferred
1-
1-
17 Vac
pfd. (quar.)
quar.)
3;tio%
,
20c
lyeux-ena)
Ensctric
«
$1.25
—___■
(initial)
.
■
Potomac Liectnc Power
"
Common (initial
.
preferred (quai.) __™-__—___
Coiony Insurance Co. (quar.)
Old
.
,
(quar.)
eo.
12-20
' Ov.VaC.
Ohio PuDlic Service Co. 3.w0'«pj.u. vHuar.)—
Ohio : Service
I2-0O
1-2-48
Ltd., 7%
Pc.lock's, Inc. (quar.)
Port Huron* Sulphite & Paper com.______
4% non*cnm; preferred (quar.) ,
Porter. (H. K.), Inc.
Fortland Transit Co. 5%
pfd. (quar.)__„»u
12-13
12-23
C.)
(F.
Preferred
iVa 7c
HOWem
Payable of Meet.
25c
(quar.)
———
2oc
vyeai-enui
Pneumatic Scale Corp.,
;
(quar,) _^3>
common
(quar.)___
Plymouih Ruboer Co.
12-15
$1.25
1 quar.)
stocx
r,mp.oyees
12-12
1-2
12-25
,
40c
fcl
.
(year-end).
convertible
12-31
50c
$1.10
~____
common
Oo.,
Plymouth Cordage Co.,
(Jacob),
class A
m
.
v
—__
(Helena)
When
Share
$ 25c
Ryerson &
1
8% preferred iqttar.j
Nova Scotia Light & Power
■
(s-a)__—1
Russell
"12-xo
•>
-
•
Inc.
:
Ruppert
12-15
50c
(quar.)
-
12-10
•
15c
....
Company *
Pendleton,
Rubinstein
..12-22
12-31
"$1:
■
&
j?:'Extra
-
12-19
$1.25
(quar.)___
(quar.)
Atwood Mig.
a
;
$1.75
$1.75
IOC
Corp., 7%
Per
Payable oj Rec.
Rosser
^>1
Co.
(2705)
Holder•
Co.—
——
Water
Union
Plough, Inc.
,
•
(quar.)
Plant (Thomas)
Pifeasant Vaiiey
12-26
12-16
•;
(quar.)
preferred
7%
When
i: Share
Wayne & Chicago Ry.
Ft.
V-'common
.
.
Common* iquar.)
Northwestern Telegraph Do. *
Norwich to Worcester ER,Oo.—
OJ Company
Name
oj tttc
-vl-15
-y. - ^'
I- 2
CHRONICLE
Pet
Pittsburgh
,$3.tto prt-.erieti (\juarj
Northland Greyncund Linen—
FINANCIAL
.
Jtuiam
■
i
*
THE COMMERCIAL
:
(quar.)—-—_____—
Stahl-Meyer, Inc. $2.25 prior pfd. (year-end)
2-
$1
$3c
$3.50
.
2
12-16
12-16
'i
L4E5
2-15
1-15
1-2
12-19
50
When
Per
Name of
Company
Share
.
r
Stanaaid-ouosa-matcher
Standard
$1
3-
75c
Factors
Corp.
(quar.)—
common
10c
12-31
12-31
&
Extra
2
12-20
Towle
1-
2
12-20
Towmotor
1-
'
$1
participating
Participating
3%%
T_waie Secuiilcies
A
12-20
12-23
50c
1-2
1- 2
12-20
12-20
———
(quar.)
Paper Mfg.
preferred
2
1- 2
1 -15-48
75c
(quar.)
——
Co.,
common—
1-
2
4-
1
3-
$31 'Ac
4-
1
3-
1
$25c
Lm.—
Paving & .Materials,
Common (initial)
4-
1
3-
1
Class
-
125c
-——________
preferred
conv.
Prticipating
Radio,
_
Standard
Class
;
.
Ltd.,
B
—-•-
HOC
—————»
—
Standard
Co.
Screw
$1
12-29
12-20
12-27
12-19
$1.20
'$3
(s-a) __i,—-~--—_____■-/
Corp.. (extra)'———..
Spring Co. com. lyear-end)—
Standard Steel
47<
pfd.
conv.
te-
< quar.
'
*•
;/://■ 25c
6 >'•
1-
12-15
;2- 1
50c
-—
(quar.)
Twin
Co.
of
—
_
Bros.
Sterling
Sterling
Sterling
Sterling,
(extra)
Inc.
Stores,
:
Breweries
3te%
tquar.)
Stern
Bros.
Stern
&
—
Textiles;
12-10
.United
Bond
United
Bond
&
10c
1 -10-48
1-2-48
2
1-14
1-2-29
.12 tec
1- 2
12-15
4 te %:■:.;
preferred
(quar.)
; 8%
Stix
preferred
Baer-fc
,
Corp.
Fuller,
12-31
1-10
12-11
12-15
25c
1-2-48
1-2-48
1-
$2.50
__
1-
5
1- 2
United
25c
1-
7%
Stovel
——————-—i.---
Strawbridge
&
$5 preferred
Co.
convertible
v
25c
1-15
2-
2
1-
2
12-18
1-
1
12-10
50c
1-
1
12-10
$1
preferred
1-
5
12-23
•62'Ac
(quar.).
7%
12-31
75c
1-
2
12-15
lyear-end)
com.
__
v ■
1- 2
1- 2
v
30c
"«■
1-21
(S.)
& Co.
(irreg.)
Suburban Propane Gas 5% pfd. (quar.)
Sun Chemical .Oorp.v Common_._____.i
$4.50
preferred
A
Sun Drug, Inc
Sun
Life
Assurance
Sun Oil Corp.
41/2 7c
(quar.)
u_-
class
Co.
15C
Canada
of
2
2
12-15
10%
Sunray Oil Corp. 4(4% pfd. series A
Superheater Co. (quar.)
Superior Steel Corp.. tquar.
1-
1
Swift
1-
America
1-15
1-
1- 5
2
12-15
1-2
1-15
1-15
1-
6
1-
6
1-
1
12-
Class
5%
A
(quar.)
preferred (quar.l:
(James), .Inc., common
_______
_
12-15
12-15
12-30
12-15
2-
(quar.)
Telecoin
Corp.
(stock
of
share
^Cne
.stock
for
U. S.
7%
preferred
S.
Hoffman
1-
2
U.
12-15
12-18
$25c
1-
2
2
2
12-15
Tennessee
Corp.
Tennessee
Gas
4.10%
Terre
U.
Electric
Gulf
com
•
Service
$6
1-9
12-
35c
I- 2
1-
2
2
12-10
Inc.
(quar.)
$2.40
Thayers. Ltd..
Thomaston
Quarterly
common
___—
Timely
Clothes,
12-
1-31
2-15
1-31
50c
1-
12-
2
12-
1-1-48'
50c
6-25-48
$v
5
;$25c
25C
12-31
12-31
iquar.i—
12-10
$1.06'A
Oil, $3.75 pfd. (quar.)
12-31
1-
2
12-
40c
,1-
2
Tip Top Tailors, Ltd. (quar.)
1-
2
,25c
9
Insurance
&
Trust Go.
(Los
Angeles)
Export
Todd
■
Co.
(initial)
9-30
9-16
class
A
1-
2
(quar.)
5
12-15
35c
1-
2
12-15
1-
2
12-15
5c
Edison.
preferred
(quar.)_____
2
12-23
1-
2
12-23
1-
2
12-23
10c
■
_:
1-
10c
5c
—
B
1-
2
12-23
3-
1
$1.06'A
■•
2-16
'
.'Ftrnopah
Mining
Co.
(Nevada)
A
preferred
&
Mills
,
3c
1-24
12-20
1- 2
Wool
.; •
*
75c -1-1-48
:66^4c.
Ltd.
&
16c
•
(extra)
Oil
Co.
5c
Syndicate, Inc.-
1-30
.1- 2
com
-1-2
12- 8
2
■
Vcrtientes-Camaguey Sugar (quar;) _____
Subject to 5/8% 'Cuban withholding .tax.
Viau,
5%
Ltd.
125c
com.______
pfd. (quar.)—
Victor
3'A%
Chemical
preferred
Works,
'2- 2
,
1-2
"
&
pfd.
2-
"V 1-21
'
t" 1-21/.
2
2-2
Virginia-Carolina'Chemical Corp.—
6% -partic. pfd. (accum,
•
,
v
2-
'.
•
1
1
2
1-
2
12-
$1.06'A
.
7%
1-
1
12-15
1-
-vs.-
pfd.
2
II-17
$$2.50
12-31
11-17
1-31
12-12
2
12-12
12-18
1-
12-29
12-17
12-29
12-17
Machinery
Ltd.
$1 te.
(quar.).
1-
$4C
_
Co.
(montlily)
_•
__.
1-2-48
.
1-
2
12-20
1-
2
12-20
2-
2
1^20
25c
'
-
3-1
25C
_
____.
4-
25c
Co;
pfd.
(s-a)
437 tec.
1-
1-
70c.,
t20c■ 1-
..
.
—■
12-10.
12-15
.1- 2.
1- 2
12-23
,
,
30%
•Transfer
12-17
income
Jamaica
books "not
closed
tax
15%;
///
15%
tax
resident tax 7%.
British/income
.m.c;
•—
ay
tax.;'
'
'■
12-15
12-19
!
12-19
:
12-
1
"
11-19
12-15
1- .5
/ 2-1
:
12-20,
$25c.;
2- 1
2-1
2-1
for
in U. S. Funds, less
tPayable -in Canadian funds,
Less.;
—
tax. this dividend.
tPayable
12-20
(quar.") —,
(quar;)_^__—
.
.12-15
$31'AC
"$37'Ac /
-</-/-
r-—.
preferred
preferred
'V
12-15
1- 2
/
Zeigler. Coal & Doke—____—..
90c- ■
Zelltrs, Ltd., common (quar.)—
—_—
$3114c '
:
1-15-v.
1-15
1-15
.
i
1-15.
>.
Canadian non-residents' tax
deductible at the source.
Non¬
",
f
•'
; _•
,r
.
,
„
r
?
12-1'///;
5
1- 2
25c
■
.
:
"
12-15
12r 4" '
2.
' $1.5(1 •1-2
$1.75
1- 2
,.
_u.__u__
—
■
1- 2
■
$$3/50
Steel Car
2.
•56'/4C.v 1- 2
25c
$1
(quar:)_—/ T5c
Extra
7-.20
•
2
1-
1-20
4-20
7-.3J-48
25c
•/
/
(quar.),_"__—_-_x
Youngstown
1-24
:
37tec 4-30-46
(extra)_v--_^__
Youngstown. Sheet & Tube Do. (extra)——
Door
12-12
12-29
1
1-31-48
37'AC
„
Steel
2
2-
250
__,:■;/ t$3.50
(s-a)—j_—i—
pfd.
1-
Z; •.•25C;
+
(quar.)
preferred
tquar.)——L.
3-20
12-15.
1-15
25c
(increased)*-—
Machine
-
;:
2-20
1
42-31
12'Ac
—
:■'-
II-24
25c
•
__________________
Youngstown
/1
5
12-18
50c
Jr.
-.
1st
Less
12-
2
12-23
$5
_
12-24
1-10
$40c
(extra)--.
i___.
Mines,
"
Ltd.—
2nd
x
12-17
25 c
—_—
Canada,
-
12-18
2
12-29
50c
(quar.)
2
12-29
$10
_.
1-15
11-
v/
25 c
—
&
.
12-23
$1.75
Pump
-
1'.
12-31
>:—
(accum.)
7%
6%
12-19
$1.50
7%
.
12-19
:$50c
56'Ac
$1.75
com.
of
•
12-19/ / ;
12-19
.
1-
(accum.)
Xoung (J; S.) Co/, (wmmbn
7% .preferred, (quar.)
T %
//
1-
'
.
2
I-
$25c
(quar.)
preferred (quar.);_^_____
6%
convertiule/ preferred / ,iquar.)______;
Yolande Corp. (quar.) —'
York Corp., common (increased s-'a)—__—
4'A%
preferred (quar:)L——:—____
York Corrugating Co. (special)
York Knitting Mills/ 'Ltd. com.s>_-—,j—
/,.'/.
1-
•
•1-10
1-1
25c
Lothrop
12-31
1-15
75c
''
12-10
-12-17 :-
l~20V^r
v/T^/r^*-
Co.—
________
(Wm.)
42-20
:l- 2
./.,"•
I-20":
:
l-lo
$1.12 'A
_
Yellow Cab (Co.", common
resident
*
,
12-5
l
1-15
$2
_1.
quar,
A*- 2
.
$1,50
•
12— ■
.
//: 2-1
25C
_______
Power
Combing Corp.
12-31.
87'Ac
(quar.)____
12-20
12-20'
dOC:
(quar.)
1- 2
/
55c
>
12-31
v
15c
(quar.)^_,
t_L
Steel Co.,
(Alan)
preferred
12-27
.$$135
■
common
1-15'
.
12-15
2
;
.
/Extra
156c
50c,':
v
12-15
■
Canada, Ltd.—
preferred (quar.)____^
v
i
12-10
2
,
1-15
12-15
12-16
1-2
1-
$1.06'A
_
Monthly—-.:
Wrisley fAUen B.V Co.
Yale & Towne Mfg. Co.
Verney Mills of
4te%
-
12-10 te
$1.75 /:■;/1-15
(quar.)
—
Monthly
12-24
$2
15c
■
1-15
,1-2
1-
(quar.
convertible
.1- 5
2
1-2
1-
convertible
-1-5
3-18
,
■-.a
.42-16
1-
50c
(quar.)_____
d%
$1
1 i
*
-
Electric
preferred
Wrigley
12-15
12-20
.
pfd.
$4.25 preferred
6%
4l
v
:12-i8 v
4- 2
.,
^
50c
Grocery, 4'A % Pfd. A (quar.])
Co., com.
(interim.)
non-cum.
preferred »s-rat
Increased
3-T
1-2
25c
-
Efectric
WoUhington
12-30
3-12
2
$1.25
."
-
50c
(quar.)__—
Co.,
12-17
<16cv (L2-31
/12-20
i
35c dr 3
12- ,5
'/■ //4c,. 4-15 •
1-r 2
,62'/«C ;: 1-3' 12-22
•
•
80c
!1-10
.1-"3
>
•
1
12-22.
1-2
$1.37'A
.
Wright Aeronautical Corp.
.C"
,
■,
:•
2-
•
4-31
15c
-
7%
Inc.
12-15
,
-4-
$1
(quar.)__
Year-end
7%
1-12
(quar.)
B mquar.)
Mohawk Cotton
Venezuela
12-22
1-
.$1.75
'■Extra
Toledo
6-23
.
:
j
(quar.)
Extra-
Class
3-23
8
60c
(year-end)
Tobin Packing Co. newborn,
<;vl2-16
2- 2
1-
.
12'Ac
(quar.)___.i»,"
(quar.)
Yates-American
Utility Appliance Corp.—
$1 convertible preferred
(quar.)
Vagabond Coach Mfg. Co. (.year-end)
.//Valley Mould & Iron Dorp, (extra).
Valspar Dorp., $4 conv. ^preferred (s-a)
Velvet Freeze, Inc. (quar.)
12t23
7-
20c
Products
pfd.
8
4- 8
—
'Extra;
1%
1-
25c
25c
.
—
TobacGO
12-29
25c
$2
$1.1-2VA
__
Utica
12* a
25c
—
Title
preferred
pfd.
■Monthly
35c
-
-
a-1
s-
1-10
25C
.
i,
r;_.
(accum.)
Stores,
Woodward
1- 2
________
—
7%
12-16
.
quar.)
2-15
|20c
___u
(qtiar.)
Co.
Water
Extra
1-15
2
4-15
25c
..
*
12-31
...
$1.50
:
.
(quar.)__
Extra
12-19
12-29
Utah-Wyoming .Consolidated Oil Co._
;____■.,
Utica Knitting Co., 5% prior pfd. (quar.)
12-19
$.7'Ac
:
(initial
Walton :Co.___
Utah-Idaho Sugar, 60c class A pfd. (guar.)Utah Power & Light '(increased quar.)__-___v
Tishman
Realty & Construction Co.—
Initial quarterly
Quarterly
Quarterly .___,L—
Quarterly
Wiser
12-16
25c
_w__:
common
(quar.)
Wright-Hargreaves
50c
Upson
12-10
933Ac
Inc
Extra
•Mf ft
12*10
$1.12'A
1-15
1- 2
1- 5
6%
2
12-15
—
5.%
1-2
1-15
.preferred
prior
pref.
pfd.
6%
12-20
12-20
12-15.;
12-16
12-16
12-30
(quar;)iuu-^-U_
preferred
Machine Corp.—
Sewing
Wisconsin
Wood
1-5
-V
.
pfd. 4quar;)u_u-_u
Corp.,. <common_'-.u___k___i..•I
conv.
Winnipeg
12-23
1- 2
1-15
-W3?
-1-
•
Wf 1-14
(quar.)___
-
1-15
(0:
12-31
■
(extra)
$6
'■■ v::
Af 1+2
AbO
Winn & Lovett
,
,
1- 2
>.
lien
prior .prof,
6%
1-15
Mining, common-^.
8%
preferred (quar;)_
__;
Upson Co., 4'A% preferred (quar.)
Upper Michigan Power 61 Ligntr-
6-15
1-
75c
/,
—
Inc.
•
>
12-15
.
$125
A.
Wiljys-Overland Motors, Inc.—
$4 50 convertible pfd. seides A
1-15
;
prior
414%
25c
New
6
■1- 2
.
35c
Shoe Corp.' (s-.a)._
nuar.)
eo.iveri.j.e
Wichita
50c
■..
3-15
1-15
/
(quar.)
■
*>•>/•'
'
•
<
12-15
'
Universal Leaf Tobacco Co.—"
12-15
4-1-48
50p.
S.
Co.—
preferred
50c
■
31tec
Whiting/ Carp;// (year-end) ___i_
-.Wichita/;Rlver/Oii;.-/.-.__i____i-ir-L^-u___--,
; Wichita/Unioh/iStock • Yard*;*^ 4%-/pid;!/(-s-a/)■/■-■/:■':
11-21
4% convertible preferred (guar.)
Universal-Cyclops Steel Corp." (glar.)
5
2-15
—_
Tide Water Associated
12-12
1-1-48
$$2.50
Products, Inc., common—.
Thrift Stores, Ltd. tquar.)
Thrifty Drug Stores, common (quar.)
4'A% preferred A (quar.)
B
12-12
j
60c
/
_
...
Quarterly
preferred
2
12-31
15C
(quar.)
Thompson
4(4%
1-
: //al-z
31V4C
(quar.)
preference
preferred (accum.)
(quar.)——.
___
12-16
12-18
50c
1- 5
75c
$1
*.:>!- 5
/:
Ry. Co.-^-i'-v-i
,
12-15
1-21
•
■
1-20
12-20
1- 5
5C'
(quar.)
common
-
.12-15
V/
2
,^,$1.50
,
(s-a )_i_ii.
com.
$1.25
Water
$4
/12-20
1- 1
2- 2
1-15
2-
$1.50
Coal Do.
$2
1-10
1- 2
12-15
25c
&
convertible
White
.
87tec
U. S. Trust Co. (N. Yj (quar.l_i.___$8:75
United Shoe Machinery, common (quar.)
62'Ac
6%
preferred iquar.)__
37'Ac
United Stockyards Corp.—r
70c convertible preferred
(quar.)
I7tec
United Stores Corp.—
$4.20 non-cum. conv. 2nd pfd. (irreg.)
65c
United Wallpaper. Inc.—
12-12
25c
i
.
$3.50
Mills
2
12-29
1-20
___•.
Reclaiming
convertible
Extra
5*
12-31
50c
Mfg.,
12-
$1
.___
Glass
1-
2
Rubber
Co., common
U. S. Smelting Refining &
7%
preferred (guar.)
12-20
1-
20C
com.
.convertible
U.
12-20
12-30
$1.50
(year-end)
Railway
common (year-rend)
convertible preferred (quar.)
$1.25
12-30
75C
S.
$1.40
12-15
i-;l/;
20c
Producing
preferred
U.
3
.Corp.—
Textron,/ Inc,,
60c
12-20
.12-23
1-15
/
'
Osgood Co. 00m. • (quar.)La__-____u
ipfd, tquar.)
& Lake Erie Ry. Co.—
Ate
$5
1-10
62'Ac
2
12-31
$1
$35c
/
conv,
47'
.
12-10
1-
0
12-16
:93%c.,
.
v.-;--
$50c
/
;
'
Wheeling
Wilsil,
:
m 1-
40c
_______
-v. asi
Wilson
1-20
;;.v
(quar.)
i
12-29
12-31
(George),/Ltd; (guari)_^_isiiiL.-^-
Wheeler
/ / 50c
12-16
1-2-48'
'■
•
12-15
1-15
__
A
Tablet
Westmoreland,
12-16
25c
preferred A (quar,)_______/.____^__
Printing .& Lithograph, 5% pfd; (quar.)
U.S. Radiator Corp., 6% pfd. (accum.)-.
12-10
10c
quar.)_
'
.12-15
;
tei~-2
(s-a)
Westmoreland
•
1- 2
60c
;■.
'
(increased
common
.
,.
50c, 1-2-48
■
Plywood,
!
12-15
•
$$1.20
•
___
(quar.)
Westmoreland
i
12- 8
1-2-48
12-30
.
-•
1-15
1-15
12-17
22tec
$1
(s-a)
U. S.
12-15
25c
—
quar.)_
pfd.
S.
U. S. Rubber
$1.02'A
initial)
50o 1-30-48
50c 1-30-48
(initial)
1*
$40C
s-a)
(quar.)_•___
preferred
Wieboidt
3%%
4
1-2
Corp. (quar.)
Mfg.
(increased
Pacific
Thatcher
12-
,
12-18
Playing Card Co. (quar.)
Extra
12-13
2
20c
Texas
4 7o
2-
12-31
;
1-10'.
Stationery Corp., com.^ui V'/v- - 50c
■
5 7o
preferred / >• (quar.)
.$1.25
5 %. preferred .-(quar.)'$1.25
Westminster Paper, Ltd., common______x_i.J
l:
420c
12- 8
Extra.
1-2-48
$1.06'A
&
S.
u.
common
—
Texas
Textiles,
12-15
—
—
_
Company
Texas .&
2
$5c
Increased
sExtra
Texas
1-
$25c
(interim)
common
Lines,
""
_
& Chemical
Malleable
Haute
Co.,
Participating
4'A% preferred
S. Lumber Co.______
12-22
25c
(extra)———__________
Products
2
✓
held.___.
Transmission
S.
(Canada) —
pfd. (quar.)
pfd. (quar.)
4%%
Tennessee
11-
1-.2
1-19
2-16
$1.75
Extra
12-19*
1- 2
12-31
75c-
U:
$1
5%
Western
Machinery Corp.—■
S. .Leather
U.
12-12
pfd.
Weston
12-19*
50c
12-12
$1.75
(year-end)_-____
5%/preferred (s-a)
Western Pacific RR.,
12J19#
.
5
(accum.)_
Wheeling- Steel
l-'6
f?'
2-16
:___
Light & Telephone
Common
12-26
12-15
12-15
'
$1.50
•
:v■?-.
12-23
1- 6
12-12
Z
:
15c
(reduced
Stores
Co.
preferred
5%
-
,$1.75
4quar.)—
(resumed)
U.
12-12
..
.
Gypsum Co., common (quar.)__
Common
12-12
1-
1-
/ /
12r26
25C
•
;
(quar.i.
Western New York & Pennsylvania
12-23
1-15
1- 2
1-2-48
—
12-15
12-30
$1.75
$1"
50c
^
•
(resumed)
—-50c
7% preferred (quar.)i___________-___w^i._
$1.75
12-15
$50c
Telecoin
share
B
12-17
50c
dividend)
Pacific
each
Finishing Co., 7 7c preferred (quar.r)_
convertible; preferred (quar.)
Foil Co., class A (resumed)—
_•___
1
$45c
__:
Taylor Pearson & Carson, Ltd.
Common
(interim)
Teck-Hughes Gold Mines Ltd.
S.
Class.
..
'
preference
S.
$4
U.
12-31
50c
'
_■
U.
.
12-31
56'Ac
•/
Taunton Gas-Light (quar.)
Taylor-Colquitt Co.
(quar.)
Taylor Instrument Cos. tquar.)
■
12-15
12-30
-.•^:/
50c
Increased
12-10
(quar._
Weyenberg Hhoe Mfg.
■
50c
12-31 ;
,12'Ac .12-31 '
conv.
25c
:
.
Inc.
Extra.
12-30
12-30
4%;
.
12-20
67«
Western
12-23
15c
_.
preferred (quar.)
(year-end)
Tamblyn (G.) Ltd. com. (quar.)
.4%
12-31
-
Electric
$2.50- class. A
.
l-'S
1- 5
(quar.)
Westerri'insurance Securities Co.-*
12- 2
.1- 2
.
12-31
11-5
$1.25
(quar.)
.
4te%
Talon,
1-2
1-2-48
75c
tquar.|___
common
______
Talcott
'Extra..
$1
$2c
;
._
30c
■.
12-31
Ltd/j class
■$J;40/i preferred/
-
/partic, preference (quar*fe&s^-'
Participating
U, S. Fidelity & ^Guaranty (Bait.) —
1
75c
Tacony-Palmyra Bridge,
,
65c
Public
Extra
//'te
Inc.—
;
Department
Western
.12-23
12-23
12-23
12-19
40c
Ltd.—;
__
$2.04
12-19
50c
Mines,
(annual)
Utilities /Corp.—
/$1:02
preferred (accum.)
$1.87 preferred (accum.) _.——63'Ac
U. S. Cold Storage, common—__________—_
40c
United
12-12
:
25c
75c
____
Gold
common
12-15
12-15
:
Breweries, -Ltd
,
-
12-12
50c
Sylvanite
;
12-15
$$1
-$75c
__
—-——____
(quar.)
Sylvania Electric Products,
$4 preferred
(quar.)
Corp.,
2
2
Westerh Grocers,
$1.25
1-. 2
30c
'lr 2 1
12-12.
483Ac
1-2... 12-12-/
$112-31
12-12
60c - 12-31
.12-12
.$2.50
1-10 ,12-20 .
25c
1- 2
12-19.
'$1.50.
1- 2
12-19
80c
1-2" 12-2
.
.
____
& -Co.
National
Non-cum. participating preferred, (quar.)_
Upited New Jersey RR.
Canal ,(Quar.)___
United JPaperboard,
common
6% non-cum. preferred (quar.)
United Printers & Publishers, Inc." (quar.)_
Extra
L-
9
12-13
25c
.
of
12-16*
25c
Extra
United
12-30
2
4
Co.
2 7
1-30
25c
Supertest Petroleum, Ltd., common,-(s-a)
$1.50 preferred B (s-a)
Sweets
-,'T2-
_.
Year^end
•
$1.06'A
(quar.)
75o
•
$1.12 te
5%ipfd;
Milk Products, icommom..participating ^preferred (quar.)
United
12-18
1-
$$4.25
(qupr.)_
(quar.)
United Merchants & Manufacturers,
12-18
1-
6C
—
(stock dividend)
com.
A pfd.
12-30
$1.12
.
,_
.
v
12-11
..
1-
1-
$$1.75
preferred
Assuiance (Co.
Western
12-17
1-15
2-16
12-17
1-15
2-16
12-17
1-15
2-16
.
Stroock
12-29
50c
12-15
;
—.
'
12-15
,
12-19
58'/aC,^ v.It. 2 '
—_
12-16>
$1.50
:
(quar,),______-
Western
12-19
—/ hWho
12-15
2
12-1)
Western
•
2
1-
Ltd.-—
Foundry
c.ass a
-
1-2
•
1-
•
40C
...
-
12-20
12-23"
■;■
31 U,C
(s-a)__
■
:K;
1
12-16
2
-*•
Penn Power Co,;14'AV
1-15:
ptd. 'quar.i—.. /$l;12tete
25c a
Virginia Pulp
1- 2
:Bape^ (qua)^)f:_u-.-L_,
Extra/
25c, ,/ 4- 2
West Virginia: Water Eerv(ice .Co.—
$4.50 preferred ;iquai:;)i;_'___J______,__u--i».
1- 1
•$1.12 te
12-10
1-2
.$4*
,
preferred
2
12-
1-15
/, ■ .'50c
■••
-
•12-31
'
2
1-
15C
(quar.)
v
RR.
■_
$.7 cumulative
12-12,
i.l- 2
$1
•
Steel
/■■'
1-
$1.25
•■:
,/•'•
1-24'./ '
West
;
—___
2-10
50c
'
::b24
West
1
.12-10
12-31
;
2- 2
58%c
3- 1
6.36% prior preferred (monthty)
,_j,.^^,-.53c
v 1-2
6.36% prior preferred (monthly)—•____;• „;:/-53c-;..,:.', '2- 2
6.36% prior preferred (monthly)—_j—_l.'.. .63c
3-1
6% prior preferred (monthly)
50c
1- 2
6% prior preferred (monthly)
—
'50c
2- 2
6% prior preferred ^monthly)
—
50c
.3-1
12-20
$1.25
(-quar.)____.—________
Stromberg-Carlson
4%
$12 tec
pfd. (initial)
Cloihier, common
Ltd.
Press,
2
1-15
1-13
(Brooklyn, N. Y.)—
T—
Michigan
1-15
//1-^9'/../':/
-
•1-.15
■
1-
(yeur-enu/..
Seashore
Extra
1-13
12-18
—
Light & Railways Co—
prior /preferred (monthly)—:
prior .preferred ^monthly)
prior preferred ((monthly)
17o
2-1
2- 1
1-15
'!
•
|75c
25c
.'Extra./
'
1
Bank
Quarterly
9
12-20
<:■
;
Fund
Income
12-27
15C
15c
10c
50c
Corp
Industrial
12-20
1-24
87%c
-
—<
1
2-10
25c
Snowdrift
West -Penn Electric,. ^6%,
•7%
Investments, Ltd.—
(quar.)———wi
United
12-20
250
20C
&
Jersey &
West
12-Jl
12-i5
A [preferred
Gas
United
Van Camp, Inc.—
Common (cash dividend) ________—£
5% prior preferred »quar.) _—__—
Stone Container Corp._____——
Extra
Fuel
class
6%
United
Stokely
Stony Brook RR. (s-a)
Stop & Shop, Inc. (quar.)
(quar.)
1—
Fruit Co. (quar.)
United
1-15
12-31
$1
..
__
VVe.Iington Fund, Inc.
•West. Kootenay Power-Light/
7% preferred
(quar.)___
1-15
2
2-
__u_
12-31
12-29
2-
37'Ac
(quar.)
12-10
50c
B
United
12-31
25C
(quar.)_
pfd.
1-15
Class
C7tec
pfd.
1-15
Cigar-Wheian Stores'Corp.—$3.50 convertible preferred (quar.)__l
United Drill .& Tool Corp., 60c cl. A (quar.)
3-15
$5
.
?
A"
',12-
,v.' 1- 2
12-31
t'lOc
1-5-48
•
4c
'
.12-19
)_i
125c
Tile
12-12
7
(quarj)
< qu_r.
West
United
12-15
43%C
—
7%
2
50c
Stetson: (John B.)
Stewart-Warner
1-
4-1
&
2
1-
Co.v_____
Co.
12-12
1-
$1.06'A
12-20
12-20
-
'12-27
.,://,^ u /
12-30
-———
Brick
United
Mills
eoc
$3.50
;
12-30
Ltd. i(s-a)___/ii__—*
Extra
56C
Co., common ——L,
._
(s-a)
~1_.—■___.—-
Share,
>
X7tec
(quar.)
5%
pre.erred (quar.)
V/eeden •& Co., 4% preferred
O.l
12-20
12-20
12-20
:_
(quar.)_
Weber Showcase & Fixture Co., com.
Wesson
2
2
$1.12 te
:*l.
•
1-
.
/
-:
12-15
common/ (quar.)
50c
(quar.)
12-15
12-31
I-
;
<
-
f
Co.
Extra:-—-./:
12-31
Pump
Co.
Knitting
Weatherhead
12- 5.
-
12-31
(quar.i_
Co.,
Wayne Screw Producos
12-10
1- '2
:
51.-/2//
,
® 1-20
25c
■
(s-a)
v>.-.
Drill
Twist
Union
12-24
50C
Wayne
/
12-15
•1.37 te
_r
Piciures
Motor
Wayne
•
12-L3
50c
/$4.50, '.preferred (quar.)
$4123 .preferred :(quar.)
.Waterous,.L4d. (initial)-
12-10
12-17
1-
1-/2
tquar.)-
Fund
12-16
2
57c
(quat.li.-
common
12-31
1-
$1
.
12-26
12-23
1- 2
12-24
2
1-15
12-15
2
1- 2
;Waru:eiri:3r,Jthers Co., class B (quar,)______
Union M.g. Co.
(year-end)—^——-Ji—$1
12-31
12-19
•'.lU'riidh- Paci.iC,RRl'iyear<*end),i__-ifc«ia;-;^LL>';!;,/Al)5:50:,4///4^^'|//12-tl:'//
12-20
12-29
12 tec'
——
Stern
7
-1-
Carbon——,—$1
9
25c
•
Carbide &
1-10
87 tec
—------
.—
1-
2
1-
3-7MsC
25c
1-2-48
/.Extra '—50c., 1- 2
Union
•
(quar.)
Broihert
Wackesha
2
•62'Ac
(year-end)
common
guaranteed
Wasuingbon 'Gas Lignt
■
1-
25c
■■.',
>.
■•..■,
1-10
-1-
$1
__
,
1- 2
(quar.-)_^
pfd.
Asbestos & Rubber Co.
'
7
-
(N. Y.)
Trust Co.
25c
———
(quar.)
'Electric Motors, common.
Inc., 4%% [preferred (qiiar.V—
Common
7
1-
2-
conv.
3-20
4- 1,
.
•1
-
12-16
12-23
,
$1.7 5-.
•
_____
.,
tquar.)
$1.50
:50c
—
,
preferred
Drug,
1-
Warner
i.
12-31
1-20
■
Co.-y
preferred
■
7-15
/
12-31
•$$•1
(quar.:) _i_T_
'■
'•4-il5-:'■■-■'/
v
•'25C
(extra)
;,•/
1-15 ■•:•'
■
.1-1-5
75C '
35c
class A (quar.)
(year-end)
Co.,
5'A %
Corp.
Ware River RR.,
12-23
$2.50
:.■:.''■
.Ward Baling
12-20
,•
——
Underwriters
12-15
$1
Co.
Corp.
Union
2
$31'Ac
—:
'
Sterehi
1- 2
2-
preterred
prior
Coach
Udylite
12-15
:2- 2
$433Ac
(year-end)
$ Co.
12-31
$75c
(quar.)
(quar.)
Participating
(A.)
11-28
5
Transit—
Rapid
8-2-48
(quar.)
—
Walworth. .Dp,-,
12-23
preferred
(quar.)
Syatem, Inc.
Extra/
'$1^60;T-„2' •,•: 12^19 >:
;.$1.75 \6-15:. '6- 1:
■
87te
luc'
Electric
Walker
(i.r
—
vquarj4^r.
5-1-48
Co., Ltd. (quar/)—u___
Co.,. common—
.preferred
12-15
lr 2
'-37'AC
Iron
Vva.aoiL
.
.
7%
Co.,
Wagner
12-15
2
1-
,
7%
&
cotton
Baking
12-15
,
1- 9
.500.
—v,.(
Mold
Wagner
(increftsed^^viiiSOc^v^Li-SO'ft 12-15;
La Sal.e Street, corp.
City
Twin
11-28
I15c
.
Ltd. com.
Canada,
partic. pfd.
Stein
1
1- *5
1-
$1.25
(year-end)
Stecher-Traung Lithograph Corp.
Stedmam. Bros.. Ltd. tq ar.i ——
l'/p
3-
50C
50C
Extra
Steel
3-11
60c
;
,
iquar.)_-_
(s-a)
(common
Quarterly______—_^r—62%c
1-12
57o
/—
__
Works
1- 2
'preferred '(quar.)
'
Inc.
Stanley
1- 2
—.r',)15c.
'"
Acid Works,
Standard Wholesale Phosphate &
12-.15
1- 2
4:25c
—
"Royalty
1- 2
,
<$50c
Troy & Greehbush; RR. -Association1 (6r.a)
208'South
1-2
jjetUn.ng
VVaoasso
,
1- 1
12-|15
' 1-10
($1.12%
(quar.)___
53V»c
preferred
414 %
Co.,
Tri-Continental Cofp.
$6
•
2-2-48
'
Vumaii
•
.
!
v
—■
(quar.)
Corp.
.
Of
12-16
37 tec
"
ipreferred
(quar.:'-i-t._^-.i^i___/:-__~.
Vulcan Corp. 4'A % p/d. (accum,) ________
$3 -prior pfd. (quar.)—____.:■.
Vulcan
,
t25c
preferred
12-16
Hoiatsrt
Pavahle
-62'Ac
6%
;
•
,
A
,
'/'
Li'—
Trans-Lux
12-15
2
1-
.
.theK1./75,prior
i_i._—
Transwestern
l-:-2'Z4 12-19
12 tec
Silica
(c^rreouon)—
(quar.)^it;i._-__:
'/•'6%'-'/preierred//(quari)';^^i^--^-i.i-iw
■
12-31
:
Trailmobile
12-21
12-21
-
Mfg. Co. (extra)
tyear-end)
com.
1-10
1-10
preferred A
Standard
A}k %
,
12-23
B
Extra,—.
'
$10c
(quar.)—___
class A
—
Railway Equipment
Standard
6%
__—
.
Corp.
12-xo
12rl5
1-15
87V2C
(Finance, Ltd. <class A__—150c
Traders
•Extra
1
75 c
iquar.j
Standard
Partic.
12-20
.
I- 2 r
1-2
1- 2
/
Ware
>
Virginian Railway, common
6%, preferred I quar
12-15
12-29
/preferred stock was1 intended ^for
,not $1.75 as reported in last week's/issue
12-31
12-15
-2
<V'ien
rv
ofVorrvpahv**
< *
a-.3
,
Monday^ December 29, 1947
tioiaer.
___UUc
(year-end)
Corp.
The semi-annual payment of.
1
preferred
Standard
6%
preferred
—
$1.25
9334c
.$2
$3
When
Short -Pavahit nf ^-
;.
(quar.)—$1.50
Do.
Manufacturing
1-
25c :
common——
1
.
■
12-26
12-31
183Ac
Steamship,
»
(interim)
—,
' /flQc
tquar./^u-u-r-. ,.„tl5c ;
'■
*15c.
Toronto Mortgage
Go.
(quar.)—u—
j
,i$1.26
Torrington Company (year-end) —=
'45c
12-26
__.
Company,
Toronto Tron, Ltd., ooiniuon
Class ,A
(quar.)
12-26
preferred ,(quar.;
Standard 'Fruit
Per*
Name of
2-20
1
40c
CHRONICLE
Tooke Brothers, Ltd.
12-20
3 tec
Standard
FINANCIAL
Holder)
Payable of Rec
1-2-48
(quar.)_
Dredging, $1.60,conv. pfd.
&
COMMERCIAL
THE
(2706)
'
•
*
Volume 166
Number 4659
THE COMMERCIAL
State and
1 BOND
ALABAMA
FINANCIAL
CHRONICLE
strong Ciitv Comntroller
Arm-
will
Co., and Kirby L. Dated Jail, 30, 1048. Denom. $1,000.
'of Phoenix, Due:* on Jan.. 30 as follows: $3,000
Jointly,; at a net interest cost of in 1949 and 1950; $5,000 from 1951
Dated Oct: *1, 1947. Prin- to 1954; "$2,000 from .1955 to 1966;
^^ciPal
a of.
1968 inclusive;
■coupon, bonds as follows:
$500,000
highway
-'
bonds. Due on
improvement.
»•
lows:
•
••
from
1949
•
s
,
held on Oct. 14. Principal Jand "interest (J-J) payable
at the County Treasurer's office.
.
^ARKANSAS
Feb. 1, as fol-
$25,000
$30,000
Arkansas
to
1958;
from 1959 - to
1963, and $20,000 from 1964 to
1968, all incl.
The City re-
•
u
Income
Tax
The bonds will not be sold for less
than
(State of)
Partial; Deduction
Paid
of
;;
,
in* inverse order of their
bers,
Feb.
on
Interest
any.
num¬
1,
1958, or on
payment -date
price of par and accrued in?
; terest plus a premium equal
; ft ■to six months interest atv the
rate borne
by the bond called,
subject, however, to the City
;if^#dblishihg'
a'".notice^ of*'
re¬
ft, demption not less than 30
days and '-not#.more; .than '50
ftdays prior to the date of re¬
demption, once in a newspa¬
-
published in the City of
Birmingham, and once in a
per
,
Federal
tax
income
ft?
ftr ft6
S. ft!
ftftl
of interest the
be
with
elementary s ch o ol
bonds, at a price ol 102.622, a
basis of 3.021%.
on Jan.
1, from
owed
tax
Bond
Rn>
tax
in
•
computing
-
Offering—Albert J. New-
County
ther hot
to
Clerk,
exceed
1-struction
E.
L
'
Mc-
1948.
•
will
newspaper or financial jour-
oh
receive
Dec;
on
$235,000
5%
interest conDated
Jan.
1,
bonds.
Due
Offering—Gladys Stewart,
County Clerk, will receive sealed
Interest ' bids until 10 a.m. on Dec. 30 for
National
Angeles, R. H.
Harris Trust & Savings
Bank, Chi¬
cago;
Jan.
1,
follows
as
1949 to 1953, and
bf opinion,: Stated:^- The matter-"from 1954
to 1968 inch
York,, which regularly (taxes paid to
the^ United rotates^pfinG|pai and interest (J-J) paycarriea^news^vof rav financial and :to/the State
stands^on/aftdif- able -at the County Treasurer's
ferent basis.
nature.
We
halvimblished^inJvtherCity
California
Bank, Los An¬
geles ^Heller, Bruce & Co., Wil¬
liam R. Staats
Co., and Pacific
Co. of California, Los
Angeles;
jointly, for $1,100,000 as 3V4S, at
101.395, and $1,400,000 as 3V4s, at
.
;
ftftft
think the
120,000
public
improvement
.•* bonds. Due $12,000 on Feb.
1,
from 1949 to 1958 incl.
ta; puiposes^sts, entirely
Dated Feb. 1, 1948. Denomina¬
$1,000.
Each bidder shall
Foecify the rate or rates of in¬
terest which each of the
varying
tion
maturities
of
each
i^110
^re
to
•bear, expressed in multiples of
% of '1%., The bidder may use
manias two different interest
rates
on
each, issue:
more than one
be used
on
However, not
interest rate is to
single year's matur¬
a
ities of each issue.v The
same
in¬
terest rate may * be used as often
as it is desired in each
issue. Any
bid for less than the full
amount
of
both- issues of bonds will
be
considered.
The
bidder
no
shall
use
the lowest interest rate or
combination of interest rates sub¬
ject to the above mentioned
strictions, for which he will
par
.
or
clusive
re¬
pay
for; .the bonds (ex¬
accrued interest), ex¬
more
of
pressed in multioles of y4 of 1%
In addition to the
price offered
.egislativov-.discretion, and
legislative
iy
from
the
date
of
pal and interest (F-A) payable a
the Chemical Bank & Trust Co.
New York; City, Or at the First
National Bank or at the
Birming¬
ham Trust National
Bank, both of
Birmingham.
The bonds
isterable
principal only. The
to
are
reg
approving opinion of Wooc
King & Dawson, of New York
City. No conditional bids will be
accepted.
A certified check for
$12,400 is required.
revenue
of
The
$255,000
1948 bonds offered
Birmingham,
as
3^8, at
and
on
Associates,
pan Dated Jan.
1, 1948:
Interest payable J-J. Due
serially
on Jan.
1, from 1951 to 1978 incl.
ARIZONA
'
1
Mesa, Ariz.
Bond Sale—The
$100,000 recre¬
building, series of 1947
bonds offered on Dec. 22—v.
163,
ation
.
p.
2255—were purchased
by Ken-
do
?
take
one
if
or
Bidders
any.
alternate
more
at different rates of
|
_
interest,
NO'bid for Tess than par
value of the bonds will
face
or
be
ac-
ceptedi The purchaser will be furnished with the approving
opinion,
of
Orrick,-Dahlquist, Neff, Brown
"Herrington, of San Francisco.
&
These
bonds authorized at the
election held on Nov. 25. A cerare
may levy a
tax,against only their net
income.»tified oheck for 5% of the amount
Little Rock-Pulaski
Drainage Disi* of bonds bid for, payable to the
iN,o. 2 (P. O. Little 3Zock), Ark: <
above Clerk-, is required
Bond Sale—The
$250,000 drairiS i
Martinez, Calif.
age bonds offered on Dec. 19—v.Bond .Sale—-The
$425,000 water
166 p. 2467—were
purchased by
works bonds offered on Dec. 19
the Walter R. Bass
,
Co., of Little
Rock, ^ 3s, at a price of
100.29,
a
basis
1948.
of 2.97%.
Dated Jan.
1,
Interest payable J-D. Due
on Jan. 1, from 1949 to
serially
1969 incl.
der
was
The next
the
W.
R.
highest bid¬
Stephens In¬
■
.
—
v.
166, p. 2467 — were pur¬
chased" by. the Bank of America
National Trust & Savings
Assoft
ciationi 'Of San Francisco, at a net
interest cost of 2.467 % Dated Dec.
15, 1947. Due serially on Dec. 15,
from 1948 to 1966 incl.
.
Principal
(J-D) payable at the
City Treasurer's office.
vestment Co., for 3s, at 100.15.
and interest
CALIFORNIA
Orange Union High School District,
Orange County (P. O. Santa
%
Ana); Calif.
Bond Election—At an election
to be held
on Jan. 20 the voters
will consider the issuance of
$1,-
273,000 construction bonds.
Redding, Calif.
Bond
City
Clerk,
Hol¬
will
Sale
Details—In
tion with the
Bond
connec¬
Election
election
sale of the
to
be
Soon
held
in
—
an
$64,000
municipal improvement bonds to future the
voters will consider the
Blyth & Co., of Los Angeles, as
issuance of $260,000
sewage treat¬
reported in our Dec. 15
issue
166, p. 2467—we Jearn that the
Wm. R., Staats Co;, of Los
Angeles,
was
associated
with
the
above
in
the
purchase
of
as 3s, at a price of
100.268,
basis of 2.962%.
Custine, Calif.
Bond Offering—W. L.
Chappell,
City
Clerk,
will
receive
ment plant bonds.
sealecj.
bids until Jan. 6 for the
purchase
of $185,000 sewer
bonds.
Habra, Calif.;
Sale—The $100,000 water
system bonds offered on Dec. 16
—v. 166, p.
2467—were purchased
by Blyth &"Co., of Los
Angeles, as
3V4S, at a price of 101.577, a basis
of 3.109%.
Dated Jan. 2, 1948.
Interest payable J-J. Due
serially
on Jan.
2, from 1953 to 1972 incl.
Los
B
d
S
Co.,
of
Pasadena, Barcus, Kindred &
Co., of Chicago, Commerce Union
Bank, of Nashville, Seasongood &
Mayer, of Cincinnati, Robert Haw¬
R. S. Dickson &
Bond
Offering—J.
B.
McLees,
County Clerk/will receive sealed
bids
the
until
11
purchase
exceed
5%
a.m.
on
Dec.
29
for
of $65,000 not to
interest school bonds.
as
3V4s,
as
Co., of New York,
follows:
$1,400,000 high school bonds, at a
price of 100.94, a basis of
3.177%. Due serially on Jan
1, from 1950 to 1973 inclusive.
bid
for, payable to the
Chairman/Board of Supervisors,
is required.
Yreka, Calif.
Bond
Sale—The
/ft
$60,000
series Abends offered
Dec. 18
on
166, p. 2467—were purchased
by the Bank of America National
Trust & Savings Association, of
—v.
Francisco.
Dated
Dec.
15,
Bond
Offering
—
William
J.
receive
sealed bids until 5 p.m. on
Jan.; 8
for the purchase of
$225,000 not to
exceed 3% interest
coupon or reg¬
istered bonds
as
follows:
Principal and interest (J-D)
payable at the City Treasurer's
Sale
r e
reported
166,
000
in
bear, not to
named
bonds
to
sold
8
issue—v.
the
learn that
as
follows: $25,-
maturing $12,000 in
$13,000 in 1952; $75,000
maturing $15,000 from
1953 to 1957; and $200,000 as 2s,
maturing $20,000 from 1958 to
1951
and
l%s,
incl.
All
bonds
maturing
optional on
or on any interest
date thereafter, in ' in¬
after Dec. 1,
Dec. 1, 1957
verse
above
connec¬
iv2s,
as
payment
the
Dec.
our
were
and
bonds shall
funding
2362—we
p.
bonds
1967
1969,
$15,000 in 1970. Bidders must
specify the rate of interest which
.
Details—In
Boettcher & Co., of Denver, at par,
a net
interest cost of 2.06%, as
Dated Jan. 15, 1948. Denomina¬
tion $1,000. Due on Jan.
15, as fol¬
lows: $10,000 from 1949 to
ceed
15,
tion with the sale of the $300,000
water
as
$105,000 fire department bonds.
60,000 police department bonds.
60,000 corporation yard bonds.
the
1957,
are
numerical order.
CONNECTICUT
ex¬
amount
Darien, Conn.
Bidders will be permitted to bid
different rates of interest and to
Note
Sale
The $250,000 tax
anticipation notes offered on Dec.
22
v. 166, p. 2607 — were purturity of said bonds. The interest
chased by the Home Bank & Trust
rate stated in the bid must be in
Co., of Darien, at 0.74 % discount;
a
multiple of y4 of 1%. These are Dated Dec.
24, 1947. Due May 15,
the bonds authorized at the elec¬
1948. The next highest bidder was
tion held on April 1.
Principal Day, Stoddard &
Williams, at
and interest (J-J) payable at the
0.787%.
City Treasurer's office. The pur¬
chaser will be furnished without
Pomfret, Conn.
state rates
irrespective of the
ma-
charge, with the legal opinion of
Orrick, Dahlquist, Neff, Brown &
Herrington, of San Francisco. The
interest
from
to
the
pay
ac¬
date
of
the bonds to the date of delivery.
The bonds will be delivered at the
City Treasurer's office
the bonds
can
be
as
soon
as
$5,000
—
Bond Sale—The
issue
Dec.
of
1948
on
Jan.
to
the
Co.,
Hartford.
Due serially on
1, from 1949 to 1968 inclu¬
sive.
The next highest bidder was
Whiting, Weeks & Stubbs, and
Lyons & Shafto, jointly, for 2.10s,
School
at 100.799.
Fresno), Calif.
Bond
Offering—E. Dusenberry,
County Clerk, will receive sealed
10:30
offered
166, p. 2607r—were
purchased by Day, Stoddard &
Williams, of New Haven, for 2s,
at a price of 100.131, a basis of
1.985%. Dated Jan. 1, 1948. Prin¬
cipal and interest (J-J) payable
payable
District,
Fresno County (P. O.
bids until
$155,000 school
bonds
22—v.
at the Hartford-Connecticut Trust
City Treasurer, is required.
Scandinavian
—
prepared which
A certified
will be about Feb. 10.
for
a.m.
on
Jan.
6
FLORIDA
Florida
improvement Commission
(P. 0. Tallahassee), Fla.
for the purchase of $25,000 not to
Bond
Sale —The
offered
$450,000 Su¬
series 1 bonds
County,
wannee
on
Dec. 18—v. 166, p. 2358
purchased by Welsh, Davis
Co., of Chicago, as 3.20s. Due
—were
&
sive. Principal and interest (F-A) serially 011 Oct. 1, from 1948 to
payable at the County Treasurer's 1958 incl. Dated Oct. 1, 1947; In¬
office. A reasonable time, not to terest payable A-O.
Bids Rejected — The only bid
exceed 10 days, will be allowed
the purchaser for the purpose Of received for the following bonds
determining at his own expense
legality of the proceedings hac
offered at the
same
time
was
that
of Leedy,
in connection with the issuance of
Wheeler & Alleman, of
Orlando, and Associates, for 3 V4s,
said bonds, and the bonds must be
and
taken up
and paid for within five
$525,000 Highlands County, series
days after notice has been given
they are ready for delivery.
A certified check for $1,000 pay¬
able to the Board of Supervisors,
is required.
3 bonds.
"
■
450,000 Suwannee County, series
the
that
I
1947.'
Bond
Mateo, Calif.
O'Farrell, City Clerk will
,
water,
COLORADO
Cincinnati, Boettcher & Co., of exceed 5% interest school bonds.
Denver, First of Michigan Corp., Dated Feb.
1, 1948. Denomination
of New York,
Dempsey-Tegeler $1,000. Due on Feb. 1, as follows:
& Co., of St.
Louis, Jones, Cos- $2,000 from 1949 to 1953, and $1,grove & Co., Pasadena
Corp., both 000 from 1954 to 1968, all inclu¬
kins &; Co;; of
Boston, 'Jurari &
Moody, of St. Paul, Weil, Roth &
Irving
Co.,
Walter, Wood.y &
Lemon Grove School
District, San Heimerdinger, both of Cincinnati.
Diego County (P. O. San Diego),
Dempsey & Co., of Chicago and
Calif.
San
—
of
and accrued in¬
par
A certified check for 5% of
Sterling, Colo.
These are the bonds authorized
at the election held on Oct. 17.
Angeles), Calif.
a 1 e
The $2,500,000
school bonds offered On
Deb, 23—
v.
166, p. 2606—were purchased by
a syndicate
composed of the Prov¬
ident Savings Bank & Trust
o n
for less than
terest.
$150,000 swimmin^pool bonds.
75,000 water system bonds.
25,000 ball park lights bonds.
25,000 airport bonds.
check
Montebello Unified Sch. Dist.,
Los Angeles
County (P.O. i
the
bonds,
a
near
—
v.
named
the
County Treasurer's office. No bids
receive
sealed bids until Jan. 5 for
the: office. Due serially, on June
purchase; of the following bonds:
from 1949 to 1960 inclusive.
crued
At
Principal
(F-A) payable at the
and interest
San
Offering—Doris L.
purchaser must agree
Marysville, Calif.
Beaumont, Calif.
Bond
Bond
gas
Dec. v 19—v. 166 p. 2606—were
purchased by Hugo Marx &
Co.,
of,
existsmay"
as
+3™n, the State
La
Tallassee, Ala.
—
^^^eiidtixmmered
tice.Robms
Arkansas Supreme Court,
by former
decisions, had assured per¬
sons
investing in Arkansas enter¬
prises that, under the State con?
the
Sale
]ust
opinion,; Jusdeclared that
the
purchaser will be furnished with
fcond
bidder must specify
his bid the' rate of interest he
( desires the bonds to bear, and the
the
bonds to the date of delivery. The
award of both issues of bonds will
be made to the single bidder who
■rffers the- highest lawful
price for
the two combined issues. Frinci
as
grace,
exemptions. :
;
In his
dissenting
bidders must agree to pay accruec
interest
-allow--office;" Eadti.
ance^nr^disallowance^ of taxes^as-th
■X deductioft from net
income^-for
1949 to 1953 inclusive.
These are
the bonds authorized at the elec¬
tion held on Nov; 19.
the bonds
New
'
Visalia), Calif.
Bond
^
highest vlhe Purchase of $10,000 not to exCo., Secur-. ceed 5% interest school bonds.
Bank, of Los|Dated Feb- L 1948- Denomination
Moulton & Co., $1,000. Due $2,000 on Feb. 1, from
ity-First
land,
sealed bids until 10 a.m.
of the59 for the purchase of
100% -'deduction
Federal
payable to the
of Supervisors,
Calif.
was^enadedjf the State ala
State income tax.
Written by- Justice
of
District, Santa
County (P. O. San Jose),
a
.
Dated
Jan.
1,
1948;
payable J-J.
The
next
bldder was Blyth &
School
only
Due serially
Waukena Union School District,
Tulare County (P. O.
ftiftftftft
1950 to 1973
11
cost
opinion
B™wn *
FI?,ncls50-,ft
? ft
t
ton*; -bid dor
jncome;,Defore the leg-
gross
slation
without
;^i?ft,Pahl<1ft^
fte^Sft°"v,
a
inclusive,
100.833.
approving
^ Chairman-Board
expenses, the allowance of
a 50% deduction
constituted
j
•
furnished
the
that a gross
come tax was unconstitutional
in 1S re£^mr
Arkansas and ftJiiat.,.because
iFe<i—*v£oar' Gatos
eral, income'taxes fWere ^necessary
Claret
on
interest.
accrued
"
will
paid. ; The
rods company
?ft
-
to the State income tax law to"
allow only-a -50%' deduction uf
subsequent thereto, any of the
bonds of the
Highway Im¬ Pulaski; Chancery Court^decreete
a
suit brought
provement
issue
by Walters Dry
having" a
ft-;; stated maturity later than' Goods Co., ill Harrison.
It was ' contended
/
Feb; 1, 1958, at a redemption
by the dry'
and
par
?ach ftd ™ust state th!ftthe bid:
d5 °"€rf ^ pay pai;a,'?d accrued
"ft*65*
^hyery. and
Federal
Valid-
Ruled
The State Supreme Court
upheld
right to call for re¬ in airecent decision the ronstldemption in whok^ or in part, tutioiiality of a 1947 amendment
serves the
,
1,100,000
3,1,1 interest (JJ) payabte.$7,«M)iii't967^WOO«968.
Jan13forattherCity:Treasurer*roffice.-.Difc;:Thes^^
not
not -frt tivnLori
to
exceed
ii^eres^ 'serially' orr-July :ftt/ from 1949 fttbVthe election
4%
win
000
51
11
PROPOSALS AND NEGOTIATIONS
neth A. Ellis &
r"*F
(2707)
City Department
yidrine &'Co.;\:both
.Birmingham, Ala.
Bond
&
was
rejected:
,
.
1 bonds.
250,000
Broward
2 bonds.
County,
series
;
&
THE COMMERCIAL
(2708)
52
FINANCIAL' CHRONICLE
vi'!»
rMp^day>rJ)efeemfe
r
4
2358—were not sold 1949; $13,000 in 1950; $15,000 in of interest to be in multiples of $1,000. Dated / Jan. 1, 1947. Dud
- Bond
Offering-—J. Edwin Lar¬ as there were no bids received, 195f ; $16,000 in 1952; $14,000 in Vt of 1% and not more than one serially from Jan. 1,. 1952 to 1968,
incl. Principal and interest (J-J V
son, State Treasurer and Insure according to the Chairman of the 19$3; $17,000 in 1954 and 1955; rate shall be named by each bid¬
since
Interest payable J-J.
The payable at the Citizens National
Commissioner, Will receive Port Authority. Dated Sept. 1, $15,000 in 1956; $18,000 in 1957 der.
sealed bids until 10* ami. (EST) 1947. Due on Sept. 1, 1987; re¬ and/1958; $17,000 in 1959; $19,000 purchaser Will be furnished at the Bank, Russellville. .Legality apon Dec.
31 for the purchase of deemable in whole or in part on in 1960; $20,000 in 1961, and $18,- expense of the Town, with the proved by Chapman &. Cutler, of
:
'
and after March 1, 1953. Interest 000 in 1962. These bonds are part opinion of Ross, McCord, Ice & Chicago.
$84,300 various municipals.
't-'h.
of a total
issue of
,, $300,000 of Miller of Indianapolis, approving
•'/." London,. Ky.
Large
Decrease
Reported in payable M-Sv
of which $55,000 will be taken by the legality of the bonds. No con¬
Bond Offering — J. T. Jones,
School Debt—Colin English, State
Florida (State of)
*'
-
,
166,
—v.
y;
p.
v
%
^
4
.
"
,
t
hawaii
School Superintendent, announced
atTallahasse
recently, that a
$18,000,000 has
the last 10
in the $55,820,000 debt that
Honolulu (City and
been
,
during
made
years
Florida
the
after
just
for*
and
assumed
during
counties
construction
school
The total
boom.
debt reduction has been partially
however, by the issuance
of $5,776,000 Worth of bonds in
the past two years for new school
buildings.
v
*//W
z;/'
Mr.
English said that school
offset,
interest had
bond
from
been
trimmed
much as 8% to 3% by a
,of refinancing plans carried
as
series
out under 1937 and 1939 laws.
■f:.
At the time of the enactment of
./%..
'//;//-Hi
•due interest.
the
school
1937
County),
Hawaii
reduction of nearly
Bond
Sale—The
'■
$3,800,000
3%
bonds offered on Dec, 23^v. 166,
p. 2607 — were purchased by a
syndicate
composed
of
Bear,
Stearns & Co., of New York, Com¬
merce Union Bank, of Nashville,
Coffin & Burr, Laidlaw & Co.,
both of New York, Ohio Co. Bank,
of Newark, Hirsch & Co., Tripp
Co., both of New York, National
State of Columbus, Mackey, Dunn
& Co., of New York, Lyons; &
Shafto,
of
Boston,
DempseyTegeler & Co., of St. Louis, Singer,
Deane & Scribner, of Pittsburgh,
Hannaford & Talbot, of San Franeisco,; Fahey, Clark & Co., of
Cleveland, Wurts, Dulles & Co.,
stances it
has now become prac¬
v
bonds. Due serially on Dec. 1,
V from 1952 to 1977 incl.
tically impossible for any defaults
to exist," Mr. English reported. ■!.'
zl,500,000 Sewer, series D bonds.
Due serially on Dec. 1, from
Howey-iri-thcHills, Fla.
the price offered by the success¬
ful bidder.
The right is reserved
Invited
1952 to 1977 incl.
?:—
Margaret A. Benzee, Town ClerkTreasurer,
will
receive
sealed
tenders until 8 p.m. on Jan. 6 for
der
lowest
Corp., Smith, Barney & Co., Blyth
& Co., C. J. Devine & Co:, Dean
Witter & Co., Salomon Bros. &
Hutzler, Merrill Lynch, Pierce,
Fenner & Beane, Heller, Bruce &
offered price. The ToWn reserves
the right to reject any or all of¬
1 Co., ; Hornblower & Weeks; and
First Cleveland Corp., jointly, at
the series A and
B refund¬
senes
ing bonds of 1944, for the
of
chase
such
ferings.
The
series
•
purpose
using its surplus funds to
bonds
bonds
the
v
...
tenders
.
and
shall
104.70.,
1
state
denominations
.
of
thereafter.
.
Pasco
'/'■ •-v-'"■*•' KV'.'-w
-s■ 'v;"
'■
;
Illinois
•"/
Z%:///Z
Not Voted—At
Bonds
'
,
.
.
*-
bonds offered
sive. ;//%//
receive
5
Pensacota, Fla.,
.
Certificate
Sale
M
1947.
The
Interest payable J-D.
serially oh
1967
Dec.
inclusive.
from
1,
The
.
Due
1948 to
Safety Harbor, Fla. /
Tenders
Invited
—
Ida
Samuelson, City Clerk and Man¬
tenders
City of
Safety Harbor, refunding bonds.
Dated Jan. 1, 1938. Due on Jan. 1,
ager, will receive sealed
until 8 p.m. on Jan. 19 for
par
proximately $4,000 are available
for the purchase of bonds, and
only tenders of less than par and
accrued
interest
will
Jan.
and accrued interest will
considered,
be
con¬
and
be
the
Comptroller
reserves the right to reject or ac¬
cept any portion of the amount
that may be offered..
/
.
Cook
County Sch. Dist. No. 64
(P. O. Park Ridge), III. t
Bond
Call
Fred
—
School
Treasurer,
payment on Jan.
is
A.
Lessing,
calling for
15,
refunding
bonds 71 to 105 to the amount of
$35,000.
.v
Dated
■
nation
'
15,
'
:
Jan.
$1,000.
f
.
1945.
,
.
Denomi¬
Payable
together
15,
with interest accruing to Jan.
sealed
bonds, bearing interest at
will
rates which shall
or
be
St. Louis, at no cost
chaser.
A
certified
in
even
.
,
ceases
on
',.7, .J/*;
-1
cou¬
date
%v..
Creue Coeur, III.
'
'
Voted—At the elec¬
Bonds Not
tion/held
did
not
on
Dec.
13
the
$175,000
sewer
voters
the issuance of
system bonds.
approve
School District No. 33,
Dec.
•
;
18—v.
''
166
// Bonds Voted
held
on
Dec.
the
proved
—
2
At
the
<»
est payable A-O.
bidder
est
for
2s, at
road, equipment, bonds;
Scott
.
First
.
???'
ap¬
1
office.
by
elec¬
road improvement bonds.
The
Nicholas County
Zr~,
Bonds Offered for Investment—
^Approved as to legality
Castor,
Fugate
&
Bond' Offering
J5
15, 1947.
(J-D 15)
and interest
payable
at
the First National
Bank, Carlisle. Offered subject to /
the
approving- legal. opinion of ,
Chapman &;Cutler,.of Chicago#^ *
/
~s
Qkiensboroj Ky.'
.
'y
■
*
»•
Bonds Offered for lnvestment—•
L.
Tigue.
/ f / (P*»- 'Oi Rockfotdy, Ilk *
County Clerk, Will receive sealed
bids until 1 p.m. (CST) on Jan.
Bond Sale Details—In connec¬
tion with the sale of the $225,000 2 for the purchase of $318,000 not
construction bonds; as reported in to exceed 3 V2% interest refund¬
our Nov. 17 issue—v.
Dated Nov. 1, 1947.
166, p. 2039 ing bdnds.
—we
leam that the bonds were Denomination $1,000. Due on Nov.
sold to Voss-Blair Co., of Chicago,
1, as follows: $6,000 from 1957 to
as 2%s, and mature on Dec. 1, as
I960; $7,000 from 1961 to 1964^;
follows: $11,000 from 1948 to 1950, $8,000 from 1965 to 1967; $9,000
and $12,000 from 1951 to 1966 incl. from 1968 to 1970; $10,000 from
1971 to 1973; $U,000*from 1974
to 1976; $12,000 from 1977 to 1979;
$13,000 in 1980 and 1981; $14,000
Franklin County (P. O. Brook"
in 1982 and 1983; $15,000 in 1984
ville), tnd.
■ •
Bond Sale—The $60,000 bridge and 1985, and $16,000 in 1986 and
1987.
Provided, that said bonds
bonds offered on Dec. 22—v. 166
are to be optional prior to matur¬
p. 2608—were purchased by the
or in part in
Fletcher Trust Co., Indianapolis ity as; a whole,
inverse order of their numbering,
Bond & Share Corp., and Kenneth
on any interest payment date on
S. Johnson & Co., all of Indi¬
or after Nov. 1, 1952 at the fol¬
anapolis, jointly, as IV2S, at a
price of 100.175, a basis of 1.468%. lowing terms: 105 on and prior to
Dated
Dec.
15,
1947.
Interest May 1, 1953; thereafter, at 104, on
and prior to May 1, 1954; there¬
payable
J-J.
Due
serially
on
Jan. and July
1, from 1949 to after, at 103, on and prior to May
1, 1955; thereafter, at 102, on and
1958 incl.
The next highest bid¬
der was Raffensperger, Hughes & prior to May 1, 1956; and there¬
Co., for l3/4s, at a price of 1Q1.076. after, at 101, on and prior to May
1, 1957.
Principal and interest
Rose dale, Ind.
payable at the Kentucky Trust
Bond Offering — Robert Good¬
Co., Louisville.': Bidders should
win, Town Clerk-Treasurer, will specify the interest rate which
—
Due serialiy from Dec. 15, 1949 to 1958, incl.
Dated Dec.
(Prindpal
JOrgensen
*
Denomination $1,000.
investment.
,
kentucky
■
issue of $94,000 2V2% school
building revenue coupon bonds is
An
•
Clay County (P. O. Manchester),
•//■,■•/
Kentucky ///. /;:,;'/^\///////•
School District No* 68*
(P. O.
Carlisle), Ky.
,
L? I being offered by Stein Bros. &
n?!. l?nJo 11' Boyce, of Louisville, for/general
of Wichita.
~
Winnebago County, West View
—
of
$7,000 from 1954 to 1958, both
incl. Principal and interest (M-S)
payabie at the State Treasurer's
tion held recently the voters did
not approve the issuance of $20,000
Offered
Co.,
The
of
*inVvwUe
.
and
$10,000
an
approving legal opin¬
Skaggs, Hays & Fahey, of
Louisville, will be furnished the
purchaser by the City.
A certi¬
fied check for $5,000 payable to
the City, is required,
ion
University of Wichita
O. Wichita), Kan.
Securities
est, and par and accrued interest
on
or
after 20 years from their
date. riiaupdi aim luvtitot payudic.
Principal and interest
aj3ie
a bank or trust company
of the purchaser's choice in New
York City, or Chicago, and the
Louisville Trust Company, Louis¬
ville.
Wichita,
is offering for public subscription
an issue of $65,000 1%% building
and
equipment .-bonds.
Dated
/
/
;
Voted—At
Beh
D.
price of 100.12.
a
Bonds Publicly
$285,-
County Road District No^ 3
(P. O. Winchester), III.
Not
The next high¬
Carleton
was
kansas
election
of
101.061, ^ |basis
al
voters
issuance
1
•
<A4
1.6$8%.
Due serially on Oct.
15, from 1950 to 1958 incl. Inter¬
for
,
an
2468—Were
p:.
-a^n?"JPric® ^
of
(Pi Oi,
Lanark), lit. "
$90,000 light
bonds offered on
•
| Bonds Not, Voted—At an elec¬
Rock Creek Township
The
by
±
c\
tion held recently the voters did
<
expressed in per cent.
The City ;
reserves
the right to call / the ^
bonds op or after 10 years from
their date in inverse numerical
order at 103 and accrued inter-r ■
Iowa
Paine,
W&feber,
Jackson &/Curtis, of- Chit/ago, as
III.
000 construction bonds.
—
revenue
purchased
to the pur¬
check
Sale
Bond
plant
2J/4%
$250,000
of
An,- issue
limited
,
•
.
,
<
un-*
obligation
general
tax/
.
j.
-;<v.
Hw
/bonds is being.. oHered. joipHy, by
Stein
Boyce, and the Z
both of Louis¬
&
.Bros,
Bankers Bond Co.,
general - subscription.
$1,000, Dated Pec, L 1947.
Due serially from Dec. 1, 1948 to
1961, incl.^ Principal and interest /
(J-D)
payable
at the Central ;
Trust
Co., Owensboro. Legality
approved by Chapman & Cutler,
ville,
for
Denorn.
of
r
Chicago..
*
,
/
;
:
>
,
>
Owens County;
on
sealed
Dec.
29
$90,000 not to
Dated
Jan.
bids
for
until
7
p.m.
the
purchase of
exceed 4V2% in¬
revenue
bonds..
bonds at
for
less
a
uniform rate.
than
that extent.
all incl.
for
1948.
Redeemable at
the
op¬
Highland, III.
t
104%
-
Howard Ellis,
Offering
County Judge, will receive sealed
bids until 1 p.m. on
Jan. 6 for the
purchase of $100,000 not to exceed
2%% hospital bonds. Dated Jan.
1, 1947. Denom. $1,000. Due on
April 1, as follows: $2,000 in 1948; /
$4,000 from 1949 to 1951; $5,000 in
1952; $4,000 in 1953; $5,000 from /
1954 to 1958; $6,000 in 1959 and
1960; $5,000 in 1961; $6,000 in 1962
and 1963; $7,000 in 1964; $6,000 in
1965; $7,000 in 1966, and $3,000 in
1967. The bonds will be .subject /
to
redemption prior to stated ma-at
the
option lof
the
turities
County on and after April i,; 1949,
a whole or in part, in their in¬
verse numerical order, on any in^
a multiple of
V\ of
%, and must be for all of the
Denomina¬
tion $500.
Due on July 1, as fol¬
lows: $1,500 from 1951 to 1955;
$2,000 from 1956 to 1961; $2,500
from 1962 to 1968; $3,000 from
1969 to 1971; $3,500 from 1972 to
1979, and $4,000 from 1980 to 1983,
1,
Bond
should be in
1
(P., O. O wenton
:;.1//// Kentuckyv//
.
tion of the Town, in whole or in
part, on 30 days' notice by pub¬
Bond Offering—Lucille Schmet— lication, in inverse numerical or¬
chased at the lowest price offered.
ter, City Clerk, will receive sealed der, on any interest payment
St. Petersburg Port Authority •
bids until 7:30 p.nii on Jam 7 for date after 1970/ at face
value, -to¬
P.. O. St.' Petersburg)r Fla. \ : the purchase of - $245,000 electric gether with the: following
prem¬
Bonds Not SoId-^The $15,000,-. light, plant and system refunding iums: 2% if redeemed after
July
900 not to exceed 3 }/z % coupon revenue bonds. Dated Jan. 1T1948. 1,,/1970, * and
prior to maturity,*
'•-.dr.;registered.Tampa Bay Bridge: Denomination $lr000; Due on July plus in each "case accrued inte^-i
: revenue, bonds offered on Dec. 12
1/ as follows: $14-000 in* 1948 and estate date of redemption.
Ra'te
sidered. As many bonds as funds
hand will permit will be pur¬
on
shall
The bonds
4%.
exceed
mature from 3 to 25 years in such a
manner
that the annual debt
-.1..jf
.
Laomi,
Mount Pulaski Consolidated Grade
terest water works
negotiable form and
Interest
V
,
attached
called.
to
on
furnish
of Des Moines.
$3,000 payable to the City^is re¬
quired.
-
be
pons.
rates
or
a
[service requirement shall be apequipment bonds. The City ^proximately equal except for the
the
printed- bonds final maturity. / Bids shall specify
and the opinion of H. N. Rogers, the net interest cost to the City
rate
a
%
must
interest
pun.
rate
maturity schedule that wilt
result in a net interest cost not
and
J.
will receive
7:30
and interest
have
all
Clerk,
until
interest
an
Dec. 29 for the purchase of $41,-
multiples/ of Vs of 1 %.; Principal
receive
in
City
bids
name'
Iowa
George
—
Bidders shall
nomination $1,000.
000 fire
1948, on presentation-to the Con¬
tinental Illinois National Bank &
Trust Co., of Chicago. Said bonds
1978. Funds in the. amount of ap¬
-
until
ing on or prior to July 1, 1954.
Only tenders of not/more than
next
highest
bidder was Shields & Co., Robin¬
son-Humphrey Co., F. M. Blount
& Co. and H. Neil McKnight Co.,
jointly, for 3s, at a price of 99.17.
Sealed
tenders
any
of
$250,000
water revenue certificates, issue
of 1947 Junior Lien, offered on
Dec. 22 —v. 166, p. 2358 —were
purchased by a syndicate com¬
posed of John Nuveen & Co., of
Chicago, Leedy, Wheeler & Alleman, - of
Orlando,
Hendrix
&
Mayes and Watkins, Morrow &
Co., both of Birmingham, as 2%s,
at a price of 98.38, a net interest
cost of 3.002336%.
Dated Dec. 1,
—
sealed
,41/2 % refunding bonds
1935, dated July 1, 1934, or any
general obligation bonds matur¬
on
Offering
utility revenue coupon
Dated Feb. 1, 1948.
De¬
bonds.
,
Bonds Voted—
Bond Sale—The
and sewer,
.
..
At an election
$490,000 school
on Dec. 23—v. 166, held on Dec. 2 the voters approved
the issuance of $25,000 street im¬
p. 2256—were purchased by the
Hanson-Davidson Co., as 2%s, at provement bonds.
par. Dated Dec. 1, 1947. Interest
payable J-D.
Due
serially on
Sealed Tenders Invited—R. B.
J»me 1, from 1949 to 1967 inclu¬
Upham, City Comptroller, will
/ %
re¬
are
elec¬
an
tion held recently the voters did
not approve the issuance of $150,-
County Special, Tax School
000. road improvement bonds.
(P. O.
1,
v.;;-' Dade City}, Fla.
;
/ Chadwick, III.
v —.
District No. 7
:
Bidders
Bond
Dohrer,
quested to designate in their bids
price they will pay for the
Bonds
ArtesiaT owns hip (P: O.Buckley),
and1 the; statement
,
{'*
any
the
•
Illinois
the
that such offerings are firm until
Jan. 11.
'
Iowa City,
on July
1,
interest payment
date
on
or¬
numbers
or
the
arid the price at Which they
tendered
are
at
pur¬
their
of
1952
not approve the issuance of
Interest payable J-D. The only
other bidder was the First Boston
City Clerk,/ will receive sealed y:
the in- ! bids until 9 a.m. on Dec. 30 for
bidder the purchase of $425,000 water
will be considered. : A certified
City as its option to call check for $1,000 payable to the
in, pay and redeem; prior to their Town, is required. ///-'%///';
maturity, bonds maturing on and
iowa
after July 1, 1958, at par- and ac¬
crued interest and in inverse
y
bid for less than
or
the
to
.
Tenders
bid
par value of the bonds at
terest rate named by the
payable at to be des¬
ignated by the purchasers, subject
to the approval of the City Coun¬
cil.
The City will furnish the
of Philadelphia, Breed & Harrison, legal opinion of Charles & Trauerof Cincinnati, Robert Hawkins & nicht, of St. Louis, and will pay
for the printing of the bonds. The
Co., of Boston; H. V. Sattley & Co.*
of Detroit; F. Brittain Kennedy & bonds will be delivered the pur¬
chaser on. or before,? Feb. 21 iri
Co.,. of Boston, and Seasongood &
budget law, the
cqu n t i e s
owed $55,820,000, of
"which
$4,417,523 Was defaulted
principal and $1,653,475^ was past
Since then, with strict [ State
supervision of county * school
budgets, all past due interest has Mayer, of Cincinnati, at 106.3891,
been paid and the defaulted prin- a net interest cost of about 2.629%,
as follows:
cipal has been cut to $254,141;
"Except for unforeseen circum¬ $2,300,000
park
improvement
Sealed
ditional
banks located in the City of High¬
land at the interest rate and at
as
No bid
terest due
of the prin¬
date ( April and Oct. 1)*."/
accrued interest; if re4 *
at 103, and
cipal amount of said bonds plus
deemed
prior to April 1, 1957; at
be favor¬
102,. and accrued interest* if, re*
The •approving deemed oh
or; after April 1, 1957,
opinion of Chapman & Cutler, of
but prior to April 1, 1962;, and* at
Chicago, will be furnished, and
the face value and accrued inter*
bids may be conditioned only to
accrued
ably
interest
will
considered.
A
certified
est if redeemed On or after
check
1,.
$5,000 payable to the County,
is,required.'z.y"/v /:.'•/"■'
1962.
Bidders
one or more
'
Aprit
stipulate
shall
interest rates of
t^ete
choosing, in multiples of
Logan- County (P, O. Russellville), of 1% .1 The Fiscal Court will adopt/
Kentucky .:, s
■,/. /. a resolution establishing, the. in*
Bends Offered for Investment- terest rate or/rates, in; conformitjT
Stein r Bro:Bbycer and/ the with> the* bid which is accepted*;
Bankers
BonijyPp .V both^ pf Louis¬ The first, interest; coupon, will rep- :
ville. are 6ffaring fpr general sub- resentinterest for f 15 f months^,
1947;/and ehd-^
scriptioh $2i50,000 2%% Unlimited commencihg Jan;
Alpir it * -1^ Z"iL948,v/:
;;
**■:J.
tax* hospital bonds. Denomination
own
,
-
THE COMMERCIAL
chaser
will
be
follows:
■i
105% if redeemed on
required to pay
accrued: interestfrom J&n.;l1947, Oct.
1, 1952, and on or before
to 'the date of:actual delivery of. April 1, 1957; thereafter, 104% on
th(e» jbonds. Frihcipal and interest or before ApriJ 1, 1962; thereafter;
(A-O)- payable at the Citizens 103% on or before April 1, 1967;
.,
as
.
.
ville. The County will furnish the
approving opinion of Wyatt &
Grafton, of Louisville. A certified
check for $2,000 ; payable to tb»
,
County, is required.
LOUISIANA
;
East Baton Rouge Pariah (P. O.
/-/V
Baton Rouge)t La.
j
,
Secretary
Jan.
Police
sealed
bids
tax
7
bonds.
nue
Due
Oct.
on
and
bonds
revenue
1,
District;
each
bid
for
and
of
bonds
revenue
such District. Bids
National
to be
are
of
con¬
the : unqualified
uoon
opinion of Chapman & Cutler, of
Chicago, the cost of which will be
pajd
the District. No bids for
as
elsewhere at the
nnn
"
'
t
,odA.
Acn aaa
purchaser.
7--
.
iofin.
SKA
for,
1977.
tax
No.
bonds.
ft
Due
......
.
.
..
,nco
000 in 1966; $43,000 in
1967;
$46,000 in
$45,000 in 1968;
1969; $47,000 in 1970; $48,000
;
H
required. These
1,128%.
of
I aI
for
•'PldVeceived were re~
1,152070.
Turnpike Authority
(P.
O.
in
1971; $50,000 in 1972; $51,000 in 1973; $53,000 in 1974;
$55,000 in 1975; $56,000 in
1976; and $58,000 in 1977.
IV4S, at 100.32.
v,
,<S|
"
—
-
^a11
-
ing to Joseph T. Say ward, Chairman of the
Maine Turnpike Authority.1 Completion of this $20,ooo,000 project, which was designe(j and the construction of
which
vvas
.
,
;'.
$13,000
in
1950
and
1951; $14,000 in 1952 and 1953;
$15,000 in 1954 and 1955; $16,-
v
•A
000 in
}Nov
mg
3v4S,
as
matur-
Dated Nov.
1977
1
Inte^est
&
payable N-M.
states.
No. 2
Call
Bond
M.
Helen
York
bond
City,
approved
"
'
and
1960
Ultimately,
believe
we
and
1968;
in 1969;
$24,000 in 1970 and 1971; $25,000 in 1972; $26,000 in 1973
and
1974; $27,000 in
1975;
$28,000 in 1976; and $379,000
vin;1977.
A
$23,000
c-
District
475,000
valorem
tax
No.
6A
bonds.
ad
Due
on
Oct. 1, as follows:
$11,000 in
1950; $12,000 in 1951
$13,000 ; in 1955 to
1957;. $14,000
in
1958 - and
1959; $15,000 in 1960 to 1962;
$1.6,000 in 1963 to 1965, $17j000 in 1966 and 1967, $18,000
in 1968 and '1969; $19,000 in
1970 and ,1971; $20,000 in 1972
and 1973; $21,000 in 1974 and
1975, and $22,000 in 1976 and
1977. fi
1
r' 1
^
to
■1948
to
;
,.r
in.»•
4954;
«460;000 District No. 8 ad valorem
*
tax
f-h
bonds.
^
Due
Oct.
on
1,
as
in 1948; $11,000
1949 to 1951; $12,000 i in
1952 to 1956; $13,000 in 1957
to
1959; $14,000 in 1960 to
i
^
0,3.i
■<
*
our
It
—
stated
is
District
Reese,
that
Secre-
*!'
'in
1964
,
.
1966; $17,000 in
1968;
$18,000 in
1969; $19,000 in 1970 to 1972;
b4/P$20,000 in 1973 and 1974; $21,-
in
000
1975," and
$22,000'in
®
;:;h 1976 and 1977.
I'/Slated Oct. 1, 1947. Denom
^1,000: The ad valorem tax bonds
are
non-callable.
The
vehicles will
1948.
There
slight
mucks
turity
on
interest
Oct. 1, 1952, and on
payment date
any
thereafter
in inverse numerical order of
the
use
is
,
,
total
.
of
ft
lpwer schedule
the
new
sort
easy
to
communities
between
fend and Kittery
and
eases
traffic
said
.
between
asre-
Port-
Mr.
that
the
Kittrnw
and
Portind
stretch
is
at
price 0f 100.148,
a
\
.
Hennepin County Indep. Sch. D:st.
No. 12 (P. O. Richfield
Station), Minn.
No Bids Received—There
were
bids received for the purchase
of the $450,000 building bonds of¬
no
,
;
Moorhead
Minn.
a*
$25,000
%5fai.e
certificates
nf
of
<cc„0
inHAhtprf
lndebted-
sold recentlY to Kalman
& CO.. of St. Paul, as 2%s, at par.;
ness was
$4,000 in
MARYLAND.
Bonds
ceived
Not
for
Sold—All
bids
wa
fered
were
er^impi^ov^ment bonds^of-|
Dec. 9—v.
rejected
as
166, p. 2151
unsatisfactory.
sewer
as
15,
1953,
payment date
interest
or
$45,000
bon(js offered
required.
rate
will:
The
the
above
'
$10,000'.
Clerk, is
-
Phillips County Sch. Dist. No.
(P. O. Malta), Mont.
on
|
'
Offering—M.
14
R.
eral
l%s,
at
storm
bonds,
Dec.
Interest payable J-D.
serially
on
1967 incl.
Dec.
accrued
of
mium
interest
2 : %.
after Jam
in
to Jan.
plus
Bonds
1§, 1958
so
pai
and
the
Due
1, from 1949 to
Jaffray-&
'< ;**v*?
•
Hop-
price of 100.-
'I
to
of
in
after
sued and soId the
so
amount of $500
said
Bonds
15,
1963,
^J
serial
check
payable
to
the
Lodge, Mont.
Offering -r- Sealed bids
by the City Clerk
will be received
until
provided,
1%, and that all bonds of the
$1,000
Red
than three different rates,
likewise to be designated in their
.
Jan.
27 for the purchase
of
$50,000 not to exceed 6% interest,
community center coupon bonds,
Dated Jan. 1, 1948.
Due in 20
| years, optional
,
in 10 years. These
the bonds authorized at the'
are
same
maturity shall bear interest, election held on April 7.
same
rate.
Principal and
be payable at a bank
NEW JERSEY
designated by the purchaser, sub¬
Kearney, N. J.
at
of
bonds
Clerk, is required.
Bond
more
however,
that
each interest rate so designated
shall be an even. multiple of Vs
for
above
quested to designate in their bids
the price they will pay for bonds
bearing interest at a rate, or not
of
th
sum
each year thereafter until all of
sucb b0nds are paid. Redeemable
full on any Interest
payment
date after 5 years.
A certified^
shall be redemable at par and ac¬
crued interest.
Bidders are re¬
bids;
wU1 be j
each; the
day
prior
interest
1%.
Jan.
the
be
wiu become payabie on March
15,
a pre-,
1949> and the sum of $12 500 wiij
called
become payable on the same
but
acciued
premium
at
upon
principal and
payable in semi¬
annual installments
(M-S) during
a perioc, of ]0
years from th
d £
0f issue.
If serial bonds are isinterest
lo, 1963, shall be redeem-
called
so
4
the
interest to
ject to the approval of the Board
of Regents.
The Board reserves
the
right to reject
received, and all
made
on
forms
any or
bids
all bids
must
supplied
be
the
Secretary.
The
College
will furnish the legal opinion of
Charles
&
Trauernicht,
of
St.
Louis, and will pay for the print¬
ing of the bonds. The bonds will
by
'
delivered
to
the purchaser on
A certified check for
$10,000 pay¬
/ MONTANA
1,
The next highest bid-
a
the Board of Trus¬
as
may determine
time of sale, both
agreed upon by and between the
able to. the College, is required.
Dec. 22-
Dated
par.
are
tees
prior to maturity, upon, the giving of such
notices as shall be
and
™ti° ^
U
2if
| ^dfssul "ma/"be' punto" oSe
any
of Regents and
purchaser.
Bonds
Boa?d
School
bonds
thereafter
Board
wfll bf theTeconS^hoice IfS
Bond
eral
on
:
Sale—The
improvement
Dec.
19—v.
gen¬
offered
2469—were
by the West Hudson
Bank, of Harrison, as
1.70s, at a price of 100.082, a basis
of 1.685%. ; Dated Dec.
15, 1947.
Interest payable J-D.
Due serial¬
ly on Dec. 15, from 1948 to 1957
incl.
The
next
highest bidder
was Kean, Taylor &
Co., Mercan-'
National
tile-Commerce Bank & Trust Co.,
St. 1 Louis,
and
Van
Deventer
Brothers, Inc., jointly, for 13/4S, at
par. /
/ :
'Park
County Sch. Dist.
No. 1 (P. O. Helena), Mont,
$241,000
bonds
166 p.
purchased
State Bank of New Richland,
at
.*r.}
to
•
or¬
on
before Feb. 16,1948. No bids for
less than par and accrued interest.
Richland, Minn.
Sale—The
ma¬
p.|:)fiod .!-irivi-icuf
payable
Teachers
inverse numerical
Jan.
on
166 p. 2609—were purchased by
1947.
Note.Sale—The $4,000,000 ternporary loan notes offered on Dec.
I*.! J
and all bid-
sale. A certified check for
Lewis and Clark
Boston, Mass.
imo/f^ :'
der,
be
Bond
the
;
State
or
New
v.
MASSACHUSETTS
p
years
at.101.
the
on
after 5
or
on
re¬
purchase of the
$100,000 not to exceed 4% interes
-
Fo^^'boThtl'
from"11954
ing
above
The certificates
1957a
callable
are
Ocean City', Md.
/
turity, and by lot within maturity
at percentages of principal amount
a
'o
ik
/e/r, partic'ula&y '"^1 P^ble J-D
j;
Missouri
elusive in
a
throughout the
from April through October.
/
vyJ
private
A certified check
1967, and $220,000 in 1968. The
College reserves the right to caii
at
Sayward
added
I
onommcl
with accrued interest,
ders must state the lowest
of
interest-at which they
purchase the bonds at par.
The ap-
$1,000
Due on Jan.
follows: $15,000 from 1951
as
able
eliminates a fered, 011 Dec. 11—y. 166 p. 2360.
bottlenecks
bondsr
ZP «7?nnnana9 f°xthe purchase building bond's!"Dated^March 15
bond$s Sed Jan ?5yi948VeDee- J?4*/ /"ation bonds will be
plus
of the state's worst
problems,
-Hp
It
of traffic
one
seashore
f V*
\xn
(
,
Bond
Co.,
basis
f
2476%
Dated Jan. 1,
1948.
Interest payable J-J. Due serially
on jan
i. from 1950 to 1960 incl.
charge
intersections,
access
multitude
•>
.
Allison-Williams
the
2V
of
access
Northeast
both of Minneapolis, jointly, for
turnpike, without trafr
fic lights or road
sures
bonds^off red
r16^^ X
:
J.
vehicles.
intermediate
The said
t.erest due date thereafter
prior to
maturity.The bonds will be sold,/
for not less than their
par value
MISSOURI
.
°ec'
purchased by
1,350,000
highway in
points at Saco, Biddeford, Kennebunk and the Wells-Sanford road.
paid.
amortization
or
serial
bonds, will be redeemable in full
on
July 1, 1955, and on any in-"
1958, shall be redeemable at
for The next
highest bidder was Kal¬
A
& Co
and Juran & Moody,
of rates prevails
jointly. for 2.60s, at 100.148.
heavier
are
in„°? °r ^10r 1°, Ja1- l0- $12,500 of the
par
Minn
The $75 000 perma-
Sale
on
muni-
toll
Crystal
,
nGnti'improvement,
,
nominal
a
additional
and
between
The
'
/
50c for passenger automobiles and
revenue
bonds due from 1953 to i977, both
inclusive, all callable prior to ma¬
,
estimated
bonds
Bid¬
payable to the District
Treasurer, is required.
original
MINNESOTA
and
/•
a
An
to
1967- and
or
purchaser.
said
^
Hnnlltieo
1962; $15,000 in 1963; $16,000
I
called,
superhighway
structed by other states
Jan. 1. 1950, arid
will become
on
$7,000
whether
are
nated by the purchaser.
of
payable on the same day of each
thereafter
until
all
such
the right
reserves
and all bids.
any
payable
sum
year
considered,
to
New
may serve as. a miodel for future
roads
of this
kind to be con-
follows: $9;000
vV>: in
mu-
of
the
legal
for
the
Authority.
Mr. Sayward added,
:;H? 000 in 1956 to 1958; $17,000 proceedings
in
1959; $18,000 in
Pershing,
attorneys
reject
ders
15,
Sch. Dist
(P. O.'Pontiac), Mich.
in
Mitchell &
the
in 1950: $3,000 from 1951 to 1956.
and $4,000 from 1957 to 1966 incl.
No bid for less than
par and ac¬
nomination
Waterford Twp. Frac.
(.^rhf^Vav
5UPerni*n™ ay.
nicipal
come
.
February 1946 by tary, is calling for payment as of
/.
Tripp & Co., Inc., of New York, Jan.
J, at the Detroit Trust Co.,
and Stifel, Nicolaus &
Co., Inc., of Detroit, refunding bonds dated
Chicago, and associates, the Maine jan. j,. 1937, maturing on Jan. 1,
$10,000 District No. 8 revenue
Turnpike construction has been
bonds. Due on Oct. 1, as fol¬
i960, callable on or before Jan.
Observed closely by several other
L 1948,
Interest ceases on date
lows:
.
$60,000
Atiro*
000
nation's
Financed
of
coupon
bonds.
Dated
Jan. 1. 1948. Denomination $1,000.
Due on Jan. 1. as follows:
$2,000
™
from
Bergerdoff,
leading high
way engineering firms, marks the
opening of the first major postwar
of the
one
purchase
$10,000 of said serial
become
payable on
Jan. 1, 1949, and the sum of
$10,000 of said serial bonds
will be¬
Dec.
on
will
—
supervised, bv Howard
Needles, Tammen
p.m.
of
sum
bonds
Nelson,
College (P. O. Kirksville), Mo.
R®usch & Co., of Cincinnati, as
Clerk, Board of Trustees, will re¬
non
si/,s
mat.urBond
Offering
Roland
A.
foll°ws: $140,000 as
s, matur
ceive sealed bids until 8
p.m. on.,
Zeigel, Secretary, Board of Re¬ Jan. 21 for the
$5,000 from 1952 to
,
•tin nnn from
purchase of $125,1956 to 1965; $5,000 gents, will receive sealed bids until
$1°,000 trom laoo
,
000
not
to
exceed
6%
interest
to traffic accord-
m
the
8
the
receive
for $1,500
Bond^Sale—The $175,000 water
'
for
until
will
building
the
fo"'':'aTle superhighway
- ,Ptery and Portland, andj sewer extension, series 6
£as offlclaly °Pened Dec. 13 by bonds offered on Dec. 2-v. 166
ov?rnor
Horace A. Hildreth P- 2257—were purchased by Fox,
and is now
open
29
bids
Clerk,
be
in
from the date of issue.
If serial
bonds are issued and1 sold
they
will be in denominations of
$1,000;
J12
■
■?!**'
to
Offering—Manley C. Ab¬
District
are
Dorsey, Col-' Board of Trustees'reserves the
man, Barker, Scott & Barber, of
right to reject any and all bids
Minneapolis, will be furnished and -to sell the bonds at
Dyke), Mich.
Van
Bond
sealed
be
of the School'
semi-annual- install¬
ments during a period of 15
years
(P.O. Rockford), Minn.
bott.
first
will
If amortization bonds
payable
proving opinion of
Warren Township (P. O.
Kennebunk), Me.
No.
the
and issued, the
entire issue
be put into one single bond
divided into several bonds
as
the Board of Trustees
may de¬
termine upon at the time of
sale,
both principal and interest
Wright and Hennepin Counties
Joint School District
Board..
be
bonds
may
l%s, at par. Dated Dec, 15, 1947
Interest payable J-J. Due on Jan.
1.1949.
i;
will
serial
or
of
Redwood - Falls,
both of Redwood Falls, jointly, as
.
bonds
and
sold
by
the
and
and interest payable at any suitable bank or trust
company desig¬
x,
MICHIGAN
Maine
Bank
purchased
Bank,
1948.
1,
octu.
highest bidder was Estabrook
v^o., ior
u
State
2257—were
to
1Q49 to 1953 inclusive. The
from
next
uateu
Citizens State
53
Denomination $1,000. Amor¬
JJ1® second choice
8—v. i
Due on Jan.
I Interest payable J-J.
1
p.
Dec.
on
required to state the de¬
sired rate of interest in a multiple
of 1/4 or 1/10 of 1%.
Principal
Jan.
Dated
are
166
the
„
n
Jurv
bonds offered
and the District
were
—
$9,000 refund-
Dec.
chased by F. S. Moseley & Co., of
Boston, as 1 As, at 100.34, a basis
2608
p.
ing
Sale—The
pur
on
bid
bonds
Police
v.
—
1948.
tization
choice
crued interest will be
MAINE
1, as follows: $20,000 in!
ttoonnn
in
icmq. «oq nnn;
1948; $28,000 in 1949; $29,000
in 1950 and 1951; $30,000 in
1952; $31,000 in 1953 and 1954;
$32,000. in 1955; $33,000 in
,
1956 and 1957; $34,000 in 1958,.
$35,000 in 1959; $36,000_in 1960;
$37,000 in 1961; $38,000 in
1962; $39,000 in 1963; $40,009
in 1964; $41,000 in 1965; $42,-
c
the
County Indep.' Sch. Dist.
(P., O. Redwood City),
field
$34,000
offered
notes
166,
.
22
'
on,
ic\Aq•
c
of
loan
house
Bond
The
for
iUl
whieMThirfc'
ad
Oct.
v
to
inTVnSt
TreaW$r» is
v
valorem
.
payable
amount
Sale—The
Roadway Opened—Maine Turn-
District
Boston.
of
Swampscott, Mass.
Note
the
V-1_X
Ann
1969; $62,000 in 1970;
$64,000 in 1971; $66,000 in
-M972; $68,000 in 1973; $70,000
-,n.in 1974; $72,000 in 1975; $74,000 in 1976; and $1,126,000 in
;
.the
Jfefio.-1jeetea
1,190,000
XT.
5%
f9bSoo"n l966;$57:r
in
expense of
HHCU
certified check
UilCV..A
A
yuiwiaoci.
in 1965; $55,000 in 1966; $57,000
in 1Qfi7OOft in is™in 1967; $58,000 in 1968; $60,
000
Bank
.
1950; $35,- j \ess than par and accrued interest.
000 in 1951; $36,000 in 1952;
The bonds will be delivered in the
$38,000 in 1953; $39,000 in 1954; ; city 0f Baton
Rouge, delivery
.1956; $42,000 in 1957;_ $44,000
in 1958; $45,000 in 1959; $46,000 in 1960; $48,000 in 1961;
$49,000 in 1962; $50,000
1
Minn.
fered
the approving opinion of Storey,
Thorndike, Palmer & Dodge, of
Boston.
The next highest bidder
was
the Bankers Trust Co., New
\ork, Harris
Trust & Savings
Bank,
Chicago,
and
Northern
Trust Co.,
Chicago, jointly, for
iy2s, at 101.055.V
bonds
No.
(2709)
erans'
purchase both the ad valorem
ditioned
follows: $34,000 in
Y
-" Redwood
vet¬
purchasers will be furnished with
tax
6/Y'reve-
No.
-
Sale—The $1,600,000
the
to
on
purchase of $5,560,000 not to exceed 4% interest
follows:
District
CHRONICLE
bonds of District No. 8 must offer
re¬
p.m.
sewerage district bonds as
$2,525,000
bonds
the
the
for
,15
will
Jury,
until
Springfield, Mass.
,
Bond
,
'J Bond Offering—L. Paul Amiss,
ceive
FINANCIAL
housing loan, 1947 bonds of-,
on Dec.
19 were purchased
by a syndicate composed of Whit¬
thereafter,
102% ' on
or
before ing, Weeks & Stubbs, of Boston,
April 1, 1972; thereafter, 101% on Estabrook & Co., R. L. Day &
Co.,
or before April 1, 1977. The bonds
Paine, Webber, Jackson & Curtis
ol' each District will be sold as a
and Perrin, West & Winslow, of
unit and each bidder may submit Boston, as
iy>s, at. 101.08, a basis
bids for the bonds of any or all of
1.279%.
Dated Dec. 1, 1947.
of the Districts. Each bid for the Due
$160,000.on Dec. 1, from 1948
bonds of District No. 6A must of¬ to
1957, inclusive. Principal and
fer to purchase both ad valorem interest
(J-D) payable at the First
Fidelity Bank & Trust Go., Louis¬
i
&
Bond
Ridge, N. J.
Sale—The
improvement
v
$41,000
bonds
water
offered
on
McBride,
Clerk, Board of Trustees, will re¬
Dec. 18—v. 166 p. 2360—were
pur¬
chased by B. J. Van Ingen &
ceive
of
f Bond
Offering—J. F.
sealed bids until 8 p.m. on
Jan. 21 for'the purchase
000
not
building
to
exceed
bonds.
4%
Dated
of $111,-
Co.,
a
New
2y2s, at
as
basis of 2.472%.
1947.
Jan.
serially
"
100.25,
Dated Nov.
1,
Interest payable M-N. Due
interest
1,
York,
on
Nov.
1, from
1948
to
54
THE COMMERCIAL
(2710)
1967 incl.
ing
Dated Dec.
The next highest bid¬
Boland, Saffin & Co., for
2.70s, at 100.15.
;
;
was
coupon
Sale—The
bonds offered
1948
purchased by the
National Bank & Trust
2470—were
Pitman
Co., of Pitman, as l%s, at a price
of
100.059, a basis of 1.744%.
Dated Dec, 1, 1947. Due serially
on Dec. 1, from 1948 to 1967 in¬
clusive.
Interest
payable
J-D.
highest bidder was the
Pitman Title & Trust Co., Pitman,
The next
for 2s, at par.
River
Edge Sch. Dist., N. J>
Bond Sale—The
bonds offered on
$460,000 school
Dec. 19—v. 166
2470—were purchased by a syn¬
composed of the National
State Bank, J. S. Rippel & Co.,
both of Newark, Rogers, Gordon
p.
dicate
of New York, Milliken &
Pell, and F. R. Cole & Co., both
of Newark,
taking $457,000 as
2.70s, at a price of 100.672, a basis
of 2.648%.
Dated Jan. 1, 1948.
Due serially on Jan. 1, from 1950
to
1978
incl.
Interest payable
J-J.
The next highest bidder was
Julius A. Rippel, Inc., Campbell
& Co., and Ryan & Moss, jointly,
for $458,000 as. 2.70s, at 100.583.
& Co.,
NEW MEXICO
on Dec. 1,
1957 incl. Each bid
to
all of the bonds and
must be for
water
$42,000
Dec. 23—v. 166,
on
or registered ; bonds.
1, 1947. Denom. $1,000
$500. Due $5,500
and
from
Pitman, N. /.
p.
CHRONICLE
interest.
Principal and interest (J-D) pay¬
state
a
single
First
at the
able
The
Cobleskill.
awarded
the
to
lowest
the
multiple
without
%
be furnished with the
opinion of port of the receipts and the ex¬
Reed, Hoyt & Washburn, of New penditures of the City of New
York
City, that the bonds are York for the fiscal year 1946-1947.
valid and binding obligations of The / report
deals with various
the District. A certified^check for phases of^thu.financial operations
$1,600 payable to the District, is
required.
.
in
of
interest
Lebanon, Canaan and
New
Stephentown, Central
a
/
No.' 1
District
School
1/10 of 1%,
to
premium,
reference
the City of "New
of
York within
the
Comptroller's
jurisdiction
respect to the costs to the
City of operation, capital improve
ments,?.: assessible improvements;
the City's debt and sinking funds
with
National Bank,
bonds
will
be
bidder offering
or
rate
of
of
rate
Monday, December 29, 1947
t
•
der
Bond
FINANCIAL
&
(p, O. Lebanon
4.-
«•;./-
'
Springs), N.Y.
$85,000 build¬
Sate—The
Bond
provided, however, if two or more
bidders
offer
to
purchase
the
Jan.
19 at
York
New
City
such other place as may be
agreed with the purchaser. The
purchaser will be furnished with
or
the
approving opinion of Vandewater, Sykes & Heckler, of New
York City. A certified check for
$110 payable to the District, is
required.
retirement
offered
Sale—The
on
Dec.
bonds
$35,000
19
serially
1967 incl. The next
Geo.
was
Weigold
E.
Chas.
and
Gibbons & Co., Inc.,
B.
New
pur¬
disclosed
amended, it
Nov. 6 in a radio
on
June 30, 1947,
$20,539,105, or 4.54% of the levy.
The report states that the un¬
year
1947
for
the
and
all
fiscal
prior
year
years
amounted to
Rapid-^Transit
Transit Law
Rapid
fiscal
1946-1,947
Without % Referen¬
Increase
Fare
the
30,
York, N.Y.
Urges
Mayor
of
collected real estate taxes at June
Co.,
&
jointly for 2$0s, at 100.30.
was
were
1, from 1948 to
highest bidder
Dec.
on
Due
1950.
"
Comptroller
Frank
C. I
a 16-man corn- *
study the subject. He
told the press he favored a "fair
State
Moore
appointed
mittee
to
realistic
and
would
be
Moore said
to
there
which
limit
tax
harder
evade."„ Mr.
at least
are
15
of
miscellaneous items,
dum—Legislation will be sought
at the 1947 session^ to;.have the
Darby Fire District (1®. O.
WiUeyville), N.Y,
Bond
payable J-D.
Interest
1947.
until
ways in which cities could cir- ^
debt, the cumvent present tax limits, on repl
employees' retirement funds, and estate.
for The
ing bonds offered on Dec. 18—v. i
The Comptroller's report shows
bonds at the same rate of interest, 166, p. 2470—were purchased by that the real estate tax levy for
E. H. Rollins & Sons, of New York, the fiscal
the bonds will be awarded to the
year 1946-1947 amounted
bidder offering the highest pre¬ as 2.10s, at a price of 100.442, a to $451,913,287, of which sum there
Dated Dec. 1, remained uncollected at the close
mium. The bonds will be delivered basis of 2.054%.
about
sion could not be granted to the
municipalities to levy more taxes
30,
$154,766,110. At June
the
uncollected
taxes
1946
amounted
City
of
to
has
$164,409,023.
accumulated
a
$104,216,035 to provide for that
portion of the taxes which
heretofore levied
to
The
reserve
be
and
may
were
prove
i lt
•
will
the
is
expected
committee i
the
recommend
a
relaxation
of
present limit in the light of
mounting local fiscal problems.
,
What
lieved
the
to
cpmptroller
be
looking
be¬
is
to
raise
more
money locally by taxation
legally but with firmer controls.
forward
is to allow municipalities to
The
constitutional limit
the
on
amount of money
cities and some
levy on real estate
operating purposes was first
counties
for
can
imbosedv by>a
constitutional
amendment in 1884.
Members
of
the
Committee
troller's
V
State
Comp¬
include
<
thse
following:
Dr.
James
E.
Allen,
Jr.,
Exe¬
uncollectible.
cutive Assistant to the State Com¬
Mayor William
v
-ComptroUer Joseph ' compares missioner of 'E d u c a t i o n; Dr.
O'Dwyer, who reported that plansthe amount of revenue bills and
are afoot to push through a fare
George B, Atwater,' of Aubiirh,
1.944%, as follows:
tax anticipation notes issued in
President of the Board of Edu¬
rise sufficient to meet operating
$17,500 building bonds. Due on costs without recourse to a refer¬ anticipation of tax collections and cation; Alger B. Chapman, PresiJune ,1,
as ; follows:
$1,000 endum. The
outstanding June 30, 1946 with the dent of the State Tax^Cpmmijssioh,
proposal is ^funda¬
bills and notes outstanding on
from 1948 to 1957, and $1,500
Clarke G. Dailey, New York City
mental part of a program to in¬
June 30, 1947, and shows that at
from 1958 to 1962, both incl.
crease
city
revenues
by
some
realtor;
,
' '
the close of the fiscal year ended
17,500 fire apparatus bonds. Due
\
Dr.
Arvie Eldred, Executive
$100,090,009 yearly and broaden
on June 1, as follows: $1,500
june 30,1946 there was $29,850,000 Secretary, New York State Teach¬
borrowing powers by about $400,of
from 1948 to 1952, and $2,000
bills and
notes
unredeemed, ers Association; Mayor Boyd E.
000,000.
The - program is being
while at June 30, 1947 the amount
from 1953 to 1957, both incl.
drafted for submission to the 1948
Golder, of Utica, Vice-President,
Dated Dec. 1,
Conference
of
1947. Principal Legislature. The Mayor promised outstanding was $25,400,000.
Mayors; Carl S.
The
Comptroller
states
that Hallauer, Vice-President,
and interest (J-D) payable at the to detail it in a radio talk about
Jfauseh
there was a reduction of approxi¬
First National Bank of Ithaca. The Dec. 1.
and
Lomb
Optical
Company,
purchaser will be furnished with
The legislative package,, being mately $40,000,000 in the long- Rochester; Mayor Wm. Hart Husterm debt during the fiscal
the
year. sey, of Mt Vernon, President, Con¬
opinion
of
Reed,
Hoyt & readied by the Mayor's executive
1946-1947. At June 30, 1947 the
ference1 Of
Washburn, of New York City, that committee on administration for
Mayors;s Thomas Elong-term
debt
of
the
the bonds are valid and general submission Nov. 17 to the Board of
City Kennedy, former Mayor of Syra¬
amounted to $2,856,717,190, while
binding obligations of the District. Estimate, contains three key pro-,
cuse; Ralph A. Lehr, County At¬
at June 30,
1946 the amount of torney, Erie County;
The next highest bidder was the visions. Without
explaining how,
such debt was $2,895,125,078. For
Marine Trust
Joseph D. McGoldrick, former
Co., Buffalo, for the Mayor said he hoped it could
the retirement of that portion of
2.10s, at 100.325.
Comptroller, City of New York;
be carried at Albany by bi-parti¬
the debt payable from the
sinking William Reid, Chairman of the
san agreement.
Fallsburgh and Liberty, Loch Shellfunds there was held by such
Board
of
Transportation; New
The three points are:
drake Fire District (P. O. Loch
sinking funds at June 30, 1947 York City; D. Mallory Stephen^,
(1) Legislation to amend the soSheldrake), N. Y.
cash
and
investments
totaling Chairman, Assembly Ways and
called
Muzzicato amendment to
Bond Sale—The $25,000 motor
as
compared
with Means Committee; Morgan Strong,
the rapid-transit law so that the $742,350,331,
vehicle bonds offered on Dec. 19
$700,156,025 at the close of. the Executive Secretary, Conference
Board
of
Transportation alone
—v. 166, p. 2470—were purchased
previous fiscal year.
of
Mayors; J. - Russell Thorne,
would be empowered, whenever it
The net debt, which represents
by the Marine Trust Co., of But'-'
Binghamton, Past President and
saw fit,
to increase fares enough
the long-term
falo, as 1.90s, at 100.157, a basis of to meet
debt less sinking present
Director of NYS Real
operating deficits.
The
fund holdings and cash, amounted Estate
,1.872%. Dated Dec.-1, 1947. In¬
Boards
Association, and
1947-43 operating deficit is esti¬
terest payable M-S. Due serially
to $2,114,366,859 at June
30, 1947, Arthur H. Wicks, Chairman, Sen¬
mated
at
$27,000,000,
that
for
on
March 1, from 1949 to 1957
and at June 30, 1946, to
$2,194,-; ate-Finance Committee^,.
i
next
?
year
at $31,500,009. • The
incl. The next highest bidder was
96jL053, or .a reduction of over
Mayorsaidthe: contemplated bill
Onondaga County (P. O. Syracuse),
Tilney & Co., for 1.90s, at 100.139. would not cover fare increases $80,000,000 in the last fiscal year;
;
N* Y.
On
; • • '
5
July 1, 1947 the general
Kinderhook Sch. Dist. No. 3,(P. O. applicable against the $57,000,000
;
: Note > Sale^-The ^ $i>3O0,OpO; tax
annual
transil -debt-service cost. debt-incurring margin of the City
Niverville), N. Y.
of ,N ew York amounted to
$266,- anticipation notes offered on Dec.
These would be covered-by the
Bond Sale. Details—In connec¬
were pur¬
880,991. This amount is encum¬ 15 -f- v. 166, p. 2470
Muzzicato amendment,- which re¬
tion with the sale of the $30,000
bered by remainders of authoriza¬ chased by the Syracuse Trust Co.,
quires that any fare rise be voted
building bonds to the National
tions against which no contracts Syracuse, at 0.75%.
Dated Dec.
by the Board of Estimate. It would
Union Bank of Kinderhook, as re¬
or
other
liabilities
have
been 15, 1947. Due April 17, 1948. The
leave the City Council the option
ported in our Dec. 15 issue—v.
registered, and the balance of next highest bidder was the Na¬
of turning over the matter to a
166, - p. 2470—we learn that the
capital projects not yet authorized tional City Bank, New York (plus
referendum.
1
bonds were sold as 2s, at a price
and included in the 1947
Capital $11.00),-0.861%. . >
(2) A constitutional amendment
of 100,25, a basis of 1.965%. In¬
Port of New York Authority, N. Y.
to increase the limit on basic real Budget. These authorizations and
terest payable J-D.
Capital Budget projects totaled
estate taxes which a city may levy
Airport Bonds te Be Offered
$162,075,313,
leaving
an
unre¬
from 2%
of assessed valuations
Lackawanna, N. Y.
Early Next Year—The Authority's
served margin of
$104,805,678.
Bond Sale—The $110,000 street to 2Vz%. The realty levy in the
first issue of the Air Terminal
The Comptroller further shows
Bonds will be offered early
in
repaving 1947 bonds offered on current expense budget is within the
total City revenues for the
Dec. 19
$1,569,000
of
the
constitutional
1948 in an amount tailored to the
v. 166, p. 2470 — were
operation of the Expense Budget
limit. The amendment, if passed,
market and sufficient to cover the
by the
chased
by Tilney & Co., of New
York as 2s, at 100.33, a basis pf
address
by
'
Lovington),
County (P. O.
Lea
N. Mex.
Bonds Offering
Barbara Lee
—
Owens, County Clerk, will receive
sealed bids until Jan. 5 for the
of $750,000 not to ex¬
hospital bonds.
Dated Dec. 1, 1947. Denom. $1,000.
Due on Dec. 1, as follows: $27,000
in 1948, $28,000 in 1949, $29,000 in
1950, $30,000 in 1951, $32,000 in
1952 and
1953, $33,000 in 1954,
$35,000 in 1955, $36,000 in 1956,
$38,000 in 1957 and 1958, $39,000
in 1959, $40,000 in 1960, $41,000 in
1961, $43,000 in 1962 and 1963,
$44,000 in 1964, $46,000 in 1965,
$47,000 in 1966, and $49,000 in
1967. Bonds maturing in the years
1963 to 1967, inclusive, shall be
redeemable at the option of the
purchase
interest
3%
ceed
in
County,
numerical
inverse
order, on Dec. 1, 1957, and on any
date thereafter.
submit a bid
interest payment
bidder
Each
must
specifying: (a) the lowest rate of
and
premium, if
any,
above par at which such bidder
will' purchase said bonds; (b) the
interest
lowest
rate
of
interest
which
at
the bidder will purchase the
at
Principal
par.
the
at
payable
(J-D)
bonds
interest
County
and
The approving
Treasurer's office.
opinion of Myles P. Tallmadge, of
Denver, will be furnished. A cer¬
tified
check
for
5%
of
payable to the County
is required.
the
bid.
Treasure^
^
Quay County Municipal Sch. Dist.
: No.
1 (P. O. Tucumcari),
N. Me?.
Bond
Offering—L.
Superintendent
receive
sealed
for
2
Jan.
on
of
bids
the
H.
Rhodes,
Schools,
until
?
5
will
p.m.
purchase
of
$104,009 not to exceed 2%% in¬
terest school coupon bonds. Dated
Jan.
2, 1948. Denom. $1,000.
Due
on Jan. 2, as follows: $8,000 from
1949 to 1953;" $I0,OUO trom 1954
to 1958, and $14,000 in 1959. All
bids must specify (a) the lowest
rate? of interest and premium, if
anyj
above
bidder
will
par
at which such
purchase the bonds,
andj(b) the lowest rate of interest
at which the bidder
the
will purchase
at par. Principal and
(J-J)
payable at the
Treasurer's office. Only
bonds
interest
County
.
—
purchased
would add
M-N. Due
which
certified check for 5%
amount bid,
VX-
is required.
of the
.
NEW' YORK
Carlisle, Seward,
Middleshurgh, Fulton, Rich'
mondviller Decatur and
'Rosebocm, Central School
District No. 1 (P. O.
Cohleskill), N. Y.
Bond Offering — George C.
Cohleskill,
Heropstreet, District Clerk, will
deceive sealed bids until 2 p.m. on
Dec. 30 for the purchase of $55,000
not to exceed 5% interest build¬
serially
on
Nov. 1, from
1948 to 1957 incl. The next
bidder
Roosevelt
was
highes'
&
Cross,
Mooers, Chazy, Cham plain and
Altona, Central Sch. Dist.
No. 1 (P. O. Mooers),
New York
$80,000,000 to the
imum permissible annual
real estate.
for
max¬
levy
penses
.7
(8) A constitutional amendment
raising the limit
cities
on
may
indebtedness
incur for
assessed
valuations to 12%%.
I
.
huge construction demands
before it, the city will enter 1948
with
an
unrestricted
credit
gin of about $188,0000,000^ against
billion-dollar building program;
The proposed increase in the debt
a
Bond
Offering—Hollis Steven¬ limit would expand the city's
District Clerk, will receive credit by about
$400,000,000. ••
sealed bids until 11 a.m.
(EST) on v- Even if they were to win favor¬
Jan. 6 for the purchase of
$80,000 able action from the next Legisla¬
building ture, neither of the constitutional
coupon or registered bonds.
Dec.
000.
1,
1947.
Due
$4,000
on
Dec.
1948 to 1967 inclusive.
terest to be in
Dated
Denomination
a
amendments could take effect be¬
$1,- fore Jan. 1, 1950.
1, from
Rate of in¬
multiple of Yt
or
one-tenth of 1%, and must be the
same for all of the bonds.
Prin¬
cipal and interest (J-D) payable
at the Merchants National Bank,
Plattsburg.
The purchaser will
Passage? by .the
1949 Legislature is also
required,
and
after
that
the
must carry in a
Comptroller
Receipts
and
amendments
referendum^
Reports
count.
"»
City's
Expenditures
on
—
report
on
Nov.
3
his
annual
re-.
transfer¬
Deficiency
ac¬
.
Comptroller
his
fund
$1,563,996
Tax
*
The
in
of
the
to
1946-1947
year
$871,815,321. The ex¬
$870,251,325, leavihg
were
that
reports that
the general
receipts for the fiscal year
June
30, 1947, including
opening balance on July 1,
ended
the
^946
of
$46,111,790, totaled $360,*55,250. Of this amount $285,538was applied to the reduction
650:
of
the amount of taxes required
be. raised to finance the 19461947 Expense Budget, resulting., in
.
to
a;
balance? in the general fund of
$74,h00,000 at June 30, 1947.
over
New York (State of)
r
Municipal
study
was
Tax
Limit
begun
on
Law
if
limit
real estate* should
on
the
To do
—
A
Dec. 3 to de¬
termine
present
first costs of
airport construction,
according to an announcement by
Austin J. Tobin, Executive' Direc¬
tor of the Authority, at a luncheon
meeting of the Municipal Forum
of New York and the. Municipal
Bond Club of New York at the St.
George Hotel, Brooklyn, N. Y., On
Nov, 14. : •?
•;,
Tobin reviewed
Mr.
2%,
tax
b? in¬
ijhis the constitu¬
tion must be amended and permis¬
the excel¬
lent financial position
of the Port
Authority and described the facil¬
ities, functions and obligations of
the bi-state agency under the Pott
Compact which created it in 1921.
At the same time, he pictured "the
port of the future'.' and included
in his talk references to tfte Au¬
thority's ahility to finance the
modernization
;
Committee Appointed to Study
Comptroller Lazarus Joseph, made creased.
public
fiscal
balance
able
mar¬
son,
not to exceed 5% interest
a
non-
self-sustaining projects from 10%
of
the
amounted to
on
With
Inc. for 1.70s, at 100.33.
conditional bids will be received.
A
Manufacturers
Co., of Buffalo,
and Vostal, Hall &
Co., of New
York, jointly, as 1.60s, at a price
of 100.03, a basis of 1.593%. Dated
Nov.
1,
1947. Interest
payable
and Traders Trust
of
the
■.
marine
and
r
construction
terminals In the
New
York-New
"The
Port
Jersey harbor.
Authority's financial
record, the character of its Com¬
missioners, and its years of; effi¬
cient
pneration offer a back¬
ground that .adds assurance to the
statutory powers which the states
have given- us," Mr. Tobin de-
Volume'-'166
THE COMMERCIAL
Number 4659
clared.
- "As
we approach the fi¬
nancing of the port of the future,
the record of our work, the earn¬
power of our facilities, and
strength of our reserves, all
testify to our ability to maintain
ing
the
and
improve
our
credit and at the
same- time to
go forward
tremendous
program
with this
public
of
development:
"Since 1943,: the Port Author¬
ity's
net % income o (before
debt
service) has never been less than
$13,300,000. - In 1946, it was $18,500,000. And we estimate that the
1947 net will be $22,750,000, after
the
payment
of
$8 300,000
for
operation and maintenance.
As
appears from the foregoing fig¬
ures, our gross income this year
win be $31,050,GOO.,,---.:
;
- ?
"Out of the
prospective $22 750,000 net this year we will pay
about
$4,800,000
in
interest
charges, and $5 300,000 in amorti¬
zation of our debt, including both
sinking fund requirements and'
principal payments on our. serials.
In addition,, we
will have* used
$2,350,000 during the year for ac¬
celeration of debt retirement. And
top of all this we will add $10,300,000 to our reserves.";
According to Mr.- Tobin. as of
the end of this year the Authority
on
.
estimates that its reserves, in the
form of the General Reserve Fund
General and
tor
Refunding Bonds
and its Special Reserve Fund,, wiL
be
do
funds
two
additional
an
'
$34,18G-,000.
approximately
These
of
sum
include
not
$7,520,000
:which',will be set aside as. of JDec.
FINANCIAL
&
CHRONICLE
& Co.,, Shields & Co., bids: must state the gross amount a
multiple of y4 of 1 %. No bid for
Lynch, Pierce, Fenner & of bid and accrued interest to date less than par and accrued interest.
he said;
Beane,
Hornblower ■ &
Weeks, o£ delivery.
Principal and interest (J-D) pay¬
^p.pp::P
' Ppl
Almost
three
weeks
ago
the Bacon, Stevenson & Co., Hemphill,
Bond Sale
The $40,000 third able at the Cleveland Trust Co.,
Commissioners of the Port Au¬ Noyes & Co., Otis & Co., E. H. ward relief
Lorain. Legal opinion at
sewer, City's portion
option
thority
also ■' strengthened1 the Rollins & Sons, all of New York, bonds offered on Dec. 23—v. 166, and expense of the purchaser. A
General Reserve Fund and the Stroud &
Co., of Philadelphia, p. 2471 — were
purchased by certified check for $1,700 payable
position of the General and Re¬ R. H. Moulton & Co., of Los An¬ Braun, Bosworth & Co., Inc., for to the Board of Education, is re¬
funding Bonds when they adopt¬ geles, A. Webster Dougherty & 2V2S, at a price of 101.192, a basis quired.
ed
an
amendment • to the basic
v^o.,
of
Philadelphia,
Hannahs, of 2.125%. Dated Dec. 1, 1947. Due
Van Wert, Ohio
b o n d>
resolution
limiting
the Ballin & Lee, of New York, Mc¬ serially on Oct. 1, from 1949 to
Bond Offering—John A.
Jones,
agency's issuance of General and Donald-Moore & Co., of Detroit, 1968 incl. Principal and interest
City Auditor, will receive sealed
and William R. Compton & Co.,
Refunding
Bonds.
"Hereafter
(A-O) payable at the National bids until noon
on Jan. 7 for the
before the bonds issued to finance
Inc., of New York, as l%s, at a Bank of Fremont. The next
high¬ purchase
of
$19,310
3%
street
a
new
facility can be refunded price of 100.1668, a net interest est bidder was
Ryan, Sutherland bonds. Dated
July 1, 1947. Denom.
with General and Reserve Bonds, jost of 1.7359%, as follows:
& Co., for 2V4s, at 101.187.
$1,000 one for $310. Due $310 on
the net operating revenues of a
$2,500,000 general street improve¬
Additional Sale
The $220,000 March 1, and
$1,000 on Sept. 1,
new Port Authority facility must
ment bonds. Due serially on
relief construction notes offered
1948, and $1,000 on March and
cover
debt service
on
the new
Sept. 1, from 1949 to 1968 incl. at the same time were
purchased Sept. 1, from 1949 to 1957 ipcl.
General and Refunding Bonds by
500,000 sewer improvement by
Stranahan, Harris & Co., Inc., Bidders may bid for a different
at least one and one-half times,"
bonds. Due serially on Sept. of
Toledo, as 1V4S, at a price of rate of interest in a multiple of yk
Mr. Tobin explained. "In the al¬
1, from 1949 to 1973 incl.
100.041, a basis of 1.227%. Dated of 1%. No bid for less than
par
ternative, the combined net reve¬
1,839,000 University of Cincinnati Dec. 1, 1947. Due on Oct.
1, 1949. and accrued interest will be ac¬
nues
applicable to debt serviceimprovement bonds. Due seri¬ Principal and interest
(A-O) pay¬ cepted. Interest
payable. M-S. A
£upon all outstanding General and
ally on Sept. 1, from 1949 to able at the National Bank of Fre¬
certified cheek for $200* payable
Refunding Bonds, including the
1971 incl.
mont.
to the City, is required. These are
bonds issued for the Authority's
Dated Feb.
1, 1948: Principal
the bonds offered on Aug.
new
25, the
Kingsville Fire District (P. O.
facilities, must be one and and
interest (M-S) payable at the
sale of which was cancelled.
one-half times the combined an¬
Kingsville), Ohio
Irving Trust Company, New York
Bond Offering—Ray M. Brown
nual
debt
service.
The
periods
West Elkton Local School District,
City. The next highest bidder was
Clerk Board of Trustees, will re¬
over which this record of earnings
the First National
Bank, Chicago^ ceive sealed bids until 10 a.m. or IP,Pi ..WH'V',v Ohio
must be attained are two -consec¬
Bond Offering — James
Harris
Trust
&
Kirk,
Savings Bank, Jan. 9 for the
utive 12-month periods out of the
purchase of $6,000 District Clerk, will receive sealed
Chicago, White, Weld & Co., Weenot to- exceed 6%
interest fire bids until noon on Jan. 5 for the
preceding '36-months, and also 12 den &
Co., Coffin & Burr, H. M.
consecutive
months
out
of
the
equipment bonds. Dated Jan. 1. purchase of $25,000 4% construc¬
Byllesby
&
Co., City National
1948. Denom. $1,000. Due $1,000
preceding 15 months. This is quite
tion bonds. Dated Feb.
1, 1948.
Bank & Trust CO., Kansas City,
on Jan,
1„ from 1950 to 1955 incl: Denomination $500. Due $500 on
;at stringent limitation and I am Milwaukee
Co., Milwaukee, Il¬
Rate of interest to be in mul¬
informed ;f that it* is as severe ai
April and Oct. 1, from 1949 to
linois Co., Chicago, A. G. Becker
restriction of its' type' as la ever
tiples of
of 1%. These are the 1973 incl. Bidders
& CO,, and
may bid for a
Breed & Harrison,
written into revenue bond reso¬
bonds authorized at the general
different
rate
of
interest
in
a
jointly, for l3As, at 100.158.
election on Nov. 4. No bids for less
lutions.
It
should:
assure
the.
multiple of y4 of 1%. These are
holders of General and- Refundi¬
than
Cortland School District, Ohio
par
and: accrued interest the bonds authorized at the
gen¬
ng Bonds that we will not unduly
Bend Offering — George Van Principal and interest (J-J) pay¬ eral election on Nov. 4. The bonds
bonds
revenue
such
which
maintains
large debt service reserve,"
a
Estabrook
Merrill
—
—
31, 1947 as reserves, for, such, spe¬ increase the General and Refundr- Wihgerden,; Clferk, Board of Edu¬
cial
purposes
as • rehabilitation ing indebtedness so as to reduce
cation, will receive sealed bidsand
improvement of properties, the coverage- of the bonds to aix until noon on Jan. 13 for the
pur^insurance on minor risks that it
unsatisfactory level. It should also ehase of $103,000 not to exceed
self-insures, and the employees' assure the holders of all other 3% interest
building bonds. Dated
retirement reserve.
"Since these Port
Authority bonds that sub*- Jan: 1, 1948. Denom. $1,000 and
are
also available for debt serv¬ stantial
moneys
will
continue $500; Due $2,000 on May and Nov.
ice,, our total; reserves, for this each year to flow into the General
>X from 1949 to 1960, and $2,500
purpose
amount to $41,700^000." Reserve Fiiiuf
;on May and Nov. 1, from 1961 to
Mr.
Tobin continued.
"Further,
1971, both incl. Rate of interest
Rotterdam Water District Ho. 3
y we
will' have f $2,500,000 in our
jto be in multiples of *4 of 1%. No
(P. O. VinewoodAve.,
sinking fund as of the end of the
bids for less than par and accrued
Schenectady), /if. T. year for debt retirement in 1#48.
Bond' Sale—The $90;000> water interest. These are the bonds au¬
All of these reserves, which total
^
system bonds offered
$44,200,000,
are' real
reserves.
They are not paper items or mere
book entries.
They are held in
cash
United
and
States
Port
sible
to
247.0—were
p..
on
purchased
1, 1947. Interest payable M-N. Due
speaker serially
Authority
thorized
Dec. 19—
on
on
Nov.
1, from 1948 to
1977 incl.
retire the organization's
Yorktown, Mohegan Reach Park
$206,000,000 of outstanding bonds
District (P.. O, Yorkto wn)>,
.within the next 10_years at pres¬
Pp ■
New York
ent
traffic
levels, "such action
Bond Offering—John H. Down¬
would be quite unrealistic in that
ing, Town Supervisor, will receive
it would assume a static, rather
sealed bids until 11 a.m. (EST) on
than a dynamic concept of the
Dec. 29 for the purchase of $6,000
Port Authority.
It would assume not to
exceed 5% interest general
that the Authority would shirk its
improvement coupon bonds. Dated
statutory duty to go forward with Ded.
I',, 19.47. Denom. $600. Due
the
continuing
development
of
$600 on Dec. 1, from 1948 to 1957
New York's port facilities.
incl'. Rate of interest to be in a
"Our reserve position, is- evi¬
multiple of % or 4/10 of 1%, and
dence of our effort to assure the
.
■■■
•
must
community that we in¬
to preserve our Gredifc rec¬
This is one organization that
tend
ord.
has
never,
defaulted
obligations.
It
extensions
for
on
has
on
its
interest
857 ooo.
of 100.25.
General
to
sealed
Sold—The
bonds offered
on
A
,
formal resolution strenethen-
Fund
and} other
The
that
cash
or
were
to
•
p Bonds
both,
two
in an amount
years' debt service
■
Mr.
its
Tobin
fixed
pointed
amount
all
of
out
10%
that
of
all1
outstanding bonds and notes, the
General Reserve Fund eauals two
years'
bonds.
thority
on
debt
service
on
"I know of
no
or
Authority
maior
municipality
au-
issuing
June
$24,400
17
have
sold to local banks, as- 2s..
.
.
:
dicate
on
con¬
been
'.P^PP
Dec.
22—v.
Stuart
&
a
Halsey,
Lehman Bros., of
consisting
of
Phelps, Fentol&t' Co.,; B.: J. Van
Ingen & Co., both of New York,
Marine
<"ahd
Trust
Co.,
of
is
as
notes.
Denom¬
the purchaser may
on
Buffalo.
Education, is required;
OKLAHOMA
Sale—The
Broken Arrow, Okla. / J;
Bond Sale — The $12,000
con¬
$71,000 water
supply and sanitary improvement
notes
offered
Dec.
on
2362—were
p.
168, struction bonds offered on Dec. 22
by the —v. 166, p. 2610—were purchased
& Trust >by Calvert & Canfield, and E. M.
17—v.
purchased
Lorain
County Savings
Co., of Elyria, the only bidder, as
iy2s. Dated Nov. 1, 1947. Interest
payable M-N. Due on Nov. 1,
Clohessy, both of Oklahoma City,
jointly. These are the bonds au¬
thorized at the election
on
Dec. 9.
1949.
Mooreland, Okla.Polk- Local< School District, Ohio
Offering
Clerk
—
Board
p':: $1,200. Due $1,200 on Oct. 1,
cer¬
tified check for $120
payable
City, is required.
6,000 Cherry and Locust Street
improvement bonds. Denom.
$600. Due $600 on Oct. 1, from
to the
1949
to
1958
incl.
A
Dated Dec.^1, 1947. Bidders may
a different rate of interest
bid for
a
the
Bond
tion
Mary L. Donof Education,
Sale
with
Details—Tn
the
electric
bonds
multiple of V4
cipal and interest
of 1%. Prin¬
(A-O)
check
Board
on
at
Election—It
the
JohrY M.
$650 ^payabl^to
Education, is re¬
of
payable
and
election
Local
School
will
is
stated
District
sewer
held
be
of
$17,850,000
bonds.
j^y
Commissioner
Finance, that
on
the
At
of
an
Jan.
to have the voters pass on
suance
Saybrook
27,
the is¬
water
and
time
same
(P. O. R. D. No. 3, Ashtabula>
6), Ohio
the
Bond Sale—The
to be submitted to the voters...
;
the charter amendment relating to
$150,000 build'-
issuance
ing bonds offered.on Dec. 22—v.
166, p. 2471—were purchased by
,1948.
Interest
serially
payable
July
on
J-J.
1, from
District
Bond
of
•
Sale
The $4,000 water
improvement bonds offered
1940, and in denomination
$500.
\
Bond
Sale—The
Cincinnati,
2yis, at par.
Dated March 1, 1947. Interest pay¬
able J-J. Due serially on Jan. 1,
asp
from 1949 to 1956 incl..
Sheffield Lake
(P.
O.
Local
Lorain),
Sch.
Board
of
Dist.
Ohio
Bond Offering—Carl W.
bonds offered
p.
will
United
Portland, as 2%s, at a price of
100.287, a basis of 2.722%., Dated
Jan. 15, 1948. Due serially on Jan.
15, from 1949 to 1968; incl. Princi¬
pal and interest (J-J) payable at
the City Treasurer's office.
The
next highest bidder was the First
Portland,
PENNSYLVANIA
•lan. 5 for the purchase of $160,000
unlimited tax bonds. Dated
Bridgeville, Pa,
Bond Offering—Sealed bids will
1948. Denomination $1,000.'
Dec. 1, as follows: $6,000 be received by the Borough Sec¬
The bonds and notes will be sold
from 1949 to
on
1956, and $7,000 from
1957 to 1972 incl. Bidders may
a
3s,
100-509*
3%
Jan. 1,
Dec. 22—v. 166,
nurchased by the
States National Bank, of
Lattig,:
Education,
on
2362—were
receive sealed bids until 7 p.m. on
for
$75,000. water
—
Oct. 13—v. 166, p., 1402—were
purchased by J. A. White & Co.,
Clerk
Clerk
Ontario, Ore.
on
of
District
the $4,000 2% %
school bonds Nos. 47 to 54. dated
July 1,
Shanesville, Ohio
works
also
(P. Q. Vale), Ore.
Call—The
calls for payment
to
highest bidder
Fahey, Clark, & CO;, for 2y2s,
at 101.7.14.
is
CREGON
Due
1949
of the bonds
Malheur County Union High School
1969 incl. The next
iwas
Due
highest bidder for not less
than par and accrued interest. All
Hall,
Revenue
Nov. 4. A cere
for
at the National Bank of Fremont.
to the
authorized
quired.
certified
$60 payable to the
City, is required.
in
the
Bond
Alger and Liberty Street
improvement bonds. Denom.
p.
syn¬
Co.,
New'jlYork,
City,
check for
166,
Board of
County (P. O. Elyria),
Fox, Reuseh & Co*, of Cincin¬
re¬ nati, as 2y2s, at a price of 102.171,
;a basis of 2.263%,. Dated Jan., 1,
12,000
$4,839,000 bonds
purchased by
the
may
Oct. 1, 1949.
for
$240
from 1949 to 1958 incl. A
,,v
headed' by, Messrs.
to
purchaser
on
check
r?T;-quired;-
Cincinnati, Ohio
2361—were
the
Oct. 1, 1949:
A certified check
for „$2GQ
payable to the City, is re
?
Bond Sale—The
as
request Due
pp.:e.P
OHIO
offered
a*
/
Kindred), N. Dak;
Sold—The
election
equal
on
at any time.
* '
struction bonds authorized at the
resolution provides
United States Gov¬
bonds outstanding
•
the
certified
ination
pur¬
County Common Sch- Dist.
the special reserve funds,
or
in
or
' .'
reserve
ernment securities shall be main¬
tained
in
the
General
Reserve
Fund
::•••• ./
No, 2 (P. Q.
fund: moneys as a reserve for debt
service.'
.v.
Cass
iwg the dedication of General Re¬
serve
(EST) on
purchase of^Jhe
improvement
which will then be but- chased by the Merchants National
Bank & Trust Co., of
standings ■At foeir';: m
on
Fargo, as
Nov. 113, the Commissioners adopt¬ 3s, at a price. of par.
/■
£
will receive
noon
j% bonds and notesT'^
payable
quired.
$8,000 school
Oct. 6
will be sold for not less than par
and accrued interest. A certified
check for $250,000 payable to the
Ohio
Note
tified
Offering—A. J
request. Due
notes
a
until
>
20,000 Cherry and Locust Street
NORTH DAKOTA
Bonds
one-
tenth of the amount of bonds and
ed
bids
ination
Fund lAyrSchoolDistrict No.72. N.Dak-.
Reserve
$21,700,000,
Note
Koch, City Auditor,
approving opinion of Thomas L.
Fournier, Town Attorney, will be
furnished the purchaser.
;,As of- the close of 1947, the Au¬
wilL amount
Fremont, Ohio
Bond and
such
r'
1%
payable to the Boar©
required,
general election
$24,000 Alger and Liberty Street
improvement notes* Denom¬
1, 1948 at New York City or
other place
as
may
be
agreed with- the purchased Ther
Lorain
are
:
following
at
for
of Trustees; is
ley,
County National Bank, Peekskill-.
or
check
Bond: Sale
Dec;, 30- for
Jan.
.f.:;
thority's
for all of the
same
certified
A
of the bonds,
sale of the $25,000
light system bonds to R.
Details—In connec¬ will
receive
sealed
bids
until J. Edwards,
Inc., of Oklahoma
tion' with the sale of the $12,000 noon on. Jan. 7 for the
purchase City, at 100.01, as reported in our
)water works bonds to J. A, White of
$65,000
3%
building bonds. Nov. 24 issue—v. 166, p. 2154—we
& Co., oiT Cincinnati, as reported Dated March
1, 1948. Denom. $!,- learn that the bonds were sold at
in our Nov. 17 issue—-v. 166, p. 000. Due on
Sept. 1, as follows: a net interest cost of 2.59%, as
2042—we learn that the - bonds
$3»000; from - 1949 to ; 1963, and follows: $18,000 as 2y2s, maturing
were sold as. 2%s,. at a price of
$4,000 from 1964 to 1968, both incl. on Dec. 1, $3,000 from 1950 to 1955,
101.49, a basis of 2.597%. Dated Bidders may bid for a different and $7,000 as 2%s,
maturing on
Oct.
1,
1947.
Interest
payable rate of interest in a multiple of Dec. 1, 1^56. Interest J-D.
J-D. The next highest bidder was
% of 1%. No bids for less than
Tulsa, Okla.
Katz & O'Brien, for 3s, at a price
par and accrued interest. These
Englewood, Ohio*
1
The bonds will be delivered about
principal payments."
Over the
•-past 26 yearsirthe Authority t'has
issued bonds for its transportation
and
terminal facilities, and for
refunding purposes totaling $537,•
the
Principal
tabula.
Bond;
and
interest
(J-D) payable at the Westchester
of its
asked
any
never
be
bonds.
the
general election
Nov. 4., A certified check' for
.
.
financial
at
able at the National Bank of Ash¬
$1,030, ; payable to the Board of
Education, is: required;:
by the Schenectady Trust Co., of
Schenectady, as 1.60s. Dated Nov.
Govern¬
that while il would he pos¬
•said
166,
v.
ment securities."
The
(2711) : 55
bid
different rate of interest in
retary until Dec. 30 for the pur¬
chase
of
general obliga¬
bonds. Denomination
$40,000
tion coupon
,
>^Wfik4M*<«»#)l>H xuW^tof^flj^Wv+ai r
klj'«
w*AtrtWfWfaiWiilWV **i i t
"*%iv^"-'*''''ir
Wt
*•
V# \
A •?
COMMERCIAL ;&
THE
(2712)
56
FINANCIAL
CHRONICLE
?
1>
Monday, December 29, 1947
"
it '•
,
for
the
A certiied check
1950 to 1969 incl.
v'
housing projects, such as
Metropolitan's Stuyvesant
Town,
Parkchester
and
Peter
Cooper Village in New York City.
dollar
Due $2,000 on Jan. l,.from
$1,000.
$1,000 is reqlired.
;
nearby States.
price of 100.22.
a
Pa.
Offering—W. A. England,
Crafton,
Bond
Borough
Jan.
until
Note
lotes
Jan. 15, as follows: $7,000 from
1:950 to 1954, 'and $8,000 from 1955
on
to
These
1959, both incl.
authorized
bonds
■election
Nov;
'on
Bidders
4.
to
is required.;;'
*
■
.
.
,
,
,
Richard
Wise, Borough Secretary, will
Bond
Offering
—■
f
,
K.
re¬
until 9 p.m. on
sealed bids
ceive
v
t;:.v
.
Ingram, Pa..
Jan. 5 for the purchase
of $60,000
storm sewer coupon bonds. Dated
Jan. 15,1948. Denomination $1,000.
Due on Jan; 15, as follows: $5,000
from 1950 to 1953; $2,000 in 1954
and
1955;
$1,000 in 1956, and
$5,000 from 1958 to 1964, all in¬
clusive.
Each bid shall specify
in
a^,multiple of % of 1%
rate
to bear.
are
a
single
the
which
interest
of
bonds
Principal and inter¬
est
payable at the West End Bank,
of Pittsburgh.:
Registered as to
principal only.
The
purchaser
will be furnished without cost the
favorable
legal opinion of Burgwin, Churchill, and Ruffin, of
Pittsburgh.
No bid for less than
and
par
interest
accrued
or
for
less than all of the bonds will be
accepted.
A certified check for
$1,200 payable to the Borough, is
required.
■>>
■■
Bond
Township Sch. Dist.,
R. F. D. No. 3, New
Castle), Pa.
Offering
derson,
District
receive
Mildred
—
Hen¬
Secretary,* will
bids
sealed
bv
a
until
8:, p.m.
Due
follows: $4,000
and $5,000
1962 to 1969, all incl. The
maturing after Feb. 1, 1964,
1950
from
bonds
on
or
Feb.
on
from
are
1948. Denomination $1,000.
callable
as
1961,
in
whole
in
part
any interest payment date on
after Feb. 1, 1964, at par and
interest
accrued
of
2%.
in
1,
to
a
rate
plus
bid
a
premium
shall
specify
single
multiple of Vs of 1%
of
to
are
Each
or
interest
which
a
the
bonds
bear.
Registerable- as to
principal-and interest, v. No
both
bid for less than par and accrued
interest or for : less than all of
the
bonds
will
be
accepted. The
purchaser will be furnished with
the
opinion of Caldwell & McFate,
of New Castle, that the bonds are
valid and general obligations of
the
Bond
,
District.
A
certified
$1,000.
Due
$15,000 in
and
1950,
for
at
able
of
the
an opinion on
upholding the constitu¬
tionality of Pennsylvania Legisla¬
permitting investment of in¬
surance company funds in rental
projects, thereby clearing the way
for possible future, investment of
tion
millions
of
for
dollars
such
con¬
struction.. The emersion y-og civen
in
a
test
Levis,
a
case
filed by U. Grant
policyholder of the' New
York Life
Insurance
Co..
o^e
of
than
less
and
par
check
for
Town
Treasurer,
V,
\ (v
,
»
$5,000
'».•>•
is required,
7,
•
\
*
bonds
p
held
f >' 'p
'»
Tenn.
Henderson,
Bond
law.
:
V
/
) '
■ ;
By its ruling. thA court removed
last legal obstacle i:o erection in
Pennsylvania
of
iWfti-n/illion-
election
A certified check
Dec. 13.
on
the
at
bid, payable
City, is required.
Huntsville,
each, bond called
each
to,
and
a
on
prior to Jan.
or
of
bond
$25.00;
called
1,
to
prior to maturity,
a
as
to
as
thereafter
sealed
maturing $4,000 from
$6,000 from 1960
$10,000 in 1966, and
$9,000 in 1967, all incl.
000 is
ing $1,000 from
$41,000
i 000
and
at the
City. Treasurer's office. All
interest' rates
multiple
more
of
bid, " must
%
than
of
three
named and not
for any one
be
1%,
&
par
A
of
rate
of Chap¬
Chicago,
certified
payable
to
Treasurer, is required.
A.,
one
be
will be considered.
Cutler,
$3,000 v
may
than
a
net
and
rates
more
in
be
maturity. No bid for
furnished.
for.
or
the
will
check
City
1949 to 1951;
'■>
i
tion
Details—In
Sale
with
sale
the
bonds
construction
•
(
of the $80,000
sold as 3Vis,
reported in our Dec. 8 issue—
v.
166. p.
2364—we now learn
that
the
bonds
were
sold
to
Pierce & Co.. of San
Jan.'l, 1948. Ma¬
\
p-'.y
Dec
$140,000
p.m.
purchase
on
of
V
;
Lavaca.
by
01
Approved
Gibson, Gibson
Austin.
.
■
to
as
legality
& Boothman,
Bids
.
the
purchaser.- A certified check
for
5%
able
,-
of
the
the
to
bid,
amount
City
pay¬
Comptroller,
is
required. .!•:(v..N'
South Cle Elum, Wash.
Bonds
held
Voted—At
.-if.
.
election
an
Dec. 2 the voters approved
on
issuance
of
,
system bonds.
:
$100,000 water
1|- ' v\;: • /:
•
••
Walla -Walla
Rejected — All -bids
re¬
for the; purchase of^: the
ceived
Counties
improvement bonds of¬
on Dec. 18—v. 166, p. 2472^—
rejected. Bidders were asked
fered
were
to
name
two rates of inter-.
one or
est,*not exceeding 3%.
dated
are
mature
The bonds
1, 1947 and are to
Dec.
annually
$25,000
Dec.
on
1, from 1950 to 1985 inclusive.
Columbia
and
Joint Sch.
(P. O.
$900,000
Dist.
Walla Walla),
Wash.
V Bond
.
Offering
woodie,
Walla
—
i
Fannie
Dun—
County Treasurer of
County, will receive
Walla
sealed bids until 10
for the
a.m.
Jan. 5
on
purchase of $200,000 not to
exceed
interest
3%
Waitsburg
District
No.
401,
County, and District
No. 100, Columbia County, con¬
struction
coupon
bonds.
Dated
Jan. 1, 1948.
Denomination $1,Joint
School
Walla Walla
VIRGINIA
Warwick County
(P. O. Hilton
Village), Va. '
Bond
Offering—T. Ryland SarConntv School Board
will receive sealed bids until
noon
These
000.
bonds will
period of 20
for
run
a
after date and
years
will be amortized and mature and
will
be
payable serially,
com¬
mencing at the end of the second
$750,000 not to exceed 6% in¬
year after said date of the bonds,
terest school improvement coupon
(EoT)
on
Jan. 7 for the purchase
of
bonds.,
Dated
nomination
15, ,1948.
Due on
Jan.
De¬
Jan
194f.
to 1952; $30,000 from 1953 to 1965'
$31,000 in 1966; $32,000 in 1967
and
1968; $33,000 from 1969 to
1970; $34,000 in 1971; $35,000 in
1972; $36,000 in 1973, and $30,000
in 1974.
Bidders may name the
rate of interest in multiples of Va
or one-tenth of 1%.
Principal and
interest (J-J) payable at the of-15,
$1,000.
follows: $16,000 from
as
of
Finance.
of
Director
the
and
state
furnished
be
single rate of
a
All
bfds
must be
The purchaser will
unconditional.
the
with
approving
opinion of Wood, King & Dawson,
of New York City.
A certified
check for 2% of the par amount
of the bonds bid for, payable to
tbf»
County
quired.
,v
School Board, is re¬
+
as practicable), as will, to*
gether wun interest on tne out.11^
bids until
receive
will
Comptroller,
Jan,
10 a.m. on
the
re¬
are
redemption, and (2) for all of the
bonds reserving the right to re+u<>
bonds,
o*
«>"v\roO
terms
tncir
w
the
of them, maturing
or any
after 10
and
on
from date of issue,
ordes, such
redemption to be exercised on any
interest
payment
date on and
after Jan. 1, 1958. Bidders are re¬
quested to submit bids specifying
in
years
inverse
numerical
4".
(a) the lowest rate of interest and
premium, if any, above par, at
cuoh hinder will purchase
*
the
bonds;
(b) the lowest rate
or
the
wnich
at
uic.f-i
t
bidder
will
purchase the bonds at par.
Principal and interest payable at
be
Seattle, Wash.
Bond Offering—W. C. Thomas
Bidders
uuiiUa.
quested to submi,t bids (1) for all
of the bonds without any right of
Treasurer's
office.
The purchaser will
County
Walla Walla.
,
for
nearly
the
WASHINGTON
furnished
with
the
approving
opinion of Burcham & Blair, of
Spokane.
All bids shall be un¬
conditional.
The
District will
furnish
the
printed
bonds.
certified check for 5%
is required..
-.
A
of the bid
.
T
,
,
.
;
wyoming
Worland, Wyo.
&■'***nd Sale—The $108,000 bonds
with the 20th year after! offered on Dec. 22—v.
166, p. 2472
said date of issue, in such amounts
—were
purchased by a syndicate
(as nearly as practicable) to be| comoosed of the Casper National
specified b.y the City Council bv Bank, of Casper, Coughlin County,
as will, together with of
Denver, Stockgrowers National
interest on all outstanding
Bank,
of
recsolution,
the
bonds of the issue.
v.;1
city reserves the right to call
payment and redeem any or
The
for
aT of ihe unmatured be ids
in authorized five
the
any
(5)
years
from
respective dates thereof, or on
interest payment date there¬
and
interest
„
-
ona any
*•
>*"•
►
"*
..bonds
*• *•
4
•
so
v
Farmers
Chevenne;
State
Bank, and the Stockgrowers
Bank, both of Worland, as 2V4S. at
a
price of 109.03,
here-'
after,
a
basis of 2.238%
follows:
$72,000 severage bonds. Due serially on Jan. 1, from 1949 to
1968. incl.
Y'.'
1
36,000 airport bonds.
Due seri¬
ally on Jan. 1, from 1949 to
1966, incl.
Dated
Jan.
1.
1948.
Interest
•
pavable
bidder
The
J-J.
was
next
highest
the Wyoming National
Bank, Casper; Boettcher &
Bosworth.
Sullivan
& Co.
Peters,
noticed for rederppticn, shall cease
iointlv,
the date named, and the cou¬
100.382.
on
,
registerable
to principal only, or as to prin¬
cipal and interest, at the option of
the
V?
provided thirty (30) days
previous notice of such intended
ture on Jan. 1, as follows: $3,000
redemption shall have been mailed
from 1949
to 1961;. $4,000 from
to the holders of said bonds, if
1962 to 1965: $5,000 in 1966, and
registered, or, if not registered,
$10,000 in 1967 and 1968. Prin¬
shall have been filed at the places
cipal and interest (J-J) payable
at
the
First
State
Bank, - Port of payment provided in said bonds,
Antonio. Dated
interlinea¬
or erasure.
will be
Morrisville, VK
connec¬
as
Rauscher,
condition,
bonds
ending
Independent School
District,,Texas
Bond
purchase
said bids shall
par;
mencing with the second year and 1
payable J-D.
Port Lavaca
at
without
1, 1948. Denomination $1,000. The
bonds shall mature annually com¬
2%s, maturing $2.1955; $3,000 in 1956,
,
Interest
City Comp¬
ligation coupon bonds. Dated Feb.,
$4,000 from 1957; to 1965
■pf'-: incl.
to
at which the bidder will
tion, explanation
purchase of $5,500,000
public safety building, general ob¬
as
in
7
VERMONT
12
$2,000 from 1952 to 1954, and
r-A
"N'
blank
on
as
required. '
sealed
50,000 street improvement of 1947
bonds. $9,000 as 2V4S, matur¬
premium of
Co., New York City,
the
until
\V\... V'.
required
bids
(b) the lowest rate of interest
or
electric light and power revenue
bonds^ A certified check for; $7,-
City
and
(J-J) at the Chemical Bank
Trust
Dec. 2.
on
Each bidder must bid for all of the
1965;
-
&
bids
for
29
1955 to 1959;
$15.00. Principal and interest pay¬
able
the
Offering—R. R. RasmusCity Recorder, will receive
to
1964,
and
for
Bond
2%s,
thereafter
called
bond
12
UTAH
sen,
be
if any, above par at which the
bidder will purchase said bonds;
The
bonds
prior, to Jan.
or
on
As
after Jan.
or
premium of $35.00;
premium
each
on
Jan.
the election held
interest thereof.
option
provisions:
following
Cham¬
the bonds authorized at
connec¬
City in inverse numerical
order at par, accrued interest and
a
premium in accordance with
the
B.
be
are
$140,000
the
of
Victoria)
These
Details—In
Sale
Bond
-
shall
separate
said bonds
.
ment date thereafter at the
until
tion with the sale of the
:
submit
purchase of $1,000,000 road bonds
fice
Texas
■
man
new
'
the
The call
by
series
1948
bonds. II bonds to . McClung; & Knickerbocker, of Houston, at a net inter¬
1948. Denomination
est cost of 2.70%, as reported in
$1,000. Due on Jan. 1, as follows:
our Nov. 27 issue—v. 166, p. 2044
$6,000 in 1950 and 1951; $7,000
—we
learn that the bonds were
from
1952 to
1957; $8,000 from
sold at a price of 100.09, as fol¬
1958 to 1962; $9,000 from 1963 to
lows:
1966, and $10,000 in
1967 and
1968. All bonds maturing Jan. 1, $90,000 airport of 1942 bonds. $15,000 as 2V4S, maturing $1,000
1956, and thereafter shall be call¬
from 1949 to 1951; $4,000 from
able for redemption on1 Jan. 1,
1952 to 1954, and $75,000 as
1955, and on any interest pay¬
Pennsylvania-utider provision of
the
in
in
in
and
sewer,
Dated Jan. 1,
approving opinion
expected
reserved
is
authorized
to the
Jordan,
P.
Offering—W.
than
„
$83,000
$86,000
1978; $90,000
for 2% of the amount
City Recorder, will receive sealed
bids until 1 p.m. on Jan. 7 for
the purchase of $150,000 not to
exceed 4% interest water works
less
firms
$65,000 in
$68,000 in
$71,000 in
$74,000 in
$77,000 in
$80,000 in
Principal and interest (J-J) pay¬
able at .the City Treasurer's office.
The purchaser will be furnished
with the approving opinion of the
Attorney-General of the State,
and of Wood, King & Dawson, of
New
York City.
These are the
accrued inter¬
A certified
payable to the
The
,
in
in
in
in
in
$54,000
$56,000
$58,000
$60,000
$63,000
Board of Commissioners.
est will be accepted.
to
major
in
in
in
in
in
redemption price is fixed at par
call date.
maturity.
one
any
undertake housing construction in
the
and ter¬
series B
1980; $93,000 in
1982; $.97,000 in
in 1984.' The op¬
tion to call any and all bonds in
ascending numerical order on July
15, 1948, and on any interest date
Guaranty Trust Co.,
City.
No bid for
and
26,
1952; j
1954;
1956;
1958;
1960;
in 1962;
in 1964;
in 19.01;
in I960;
in 1970;
in 1972;
$81,000 in 1974;
$85,COO in 1976;
on
York
New
a
Nov.
revenue,
and accrued interest to
1955,
Court handed down
wharf
$2,500,000
facilities
Not more than two
be specified
and there shall be no more than
1960,
Insurance Funds in Housing Proj¬
ects Upheld—The State Supreme
bids
Jan. 8 for the pur¬
p.m. on
$53,000
$55,000
$57,000
$59,000
$62 000
$64,000
$67,000
$69,000
$72,000
$75,000
$78,000
1951;
1953;
of lA of 1%.'
rate
Offering—A.
bids
■i.
Bidders
v
New York City,
legality
of
the
troller, specifying (a) the lowest
rate ©f interest and the premium,.
County Judge, will receive
sealed
,M.
Dated Jan. 15, 1948.
$1,000. Due $50,000
1949; $51,000 in 1950; $52,000 in
in
rates of interest may
1,
Investment' of
sealed
thereafter
one
on
of
the
v
forms furnished by tne
Murray, Utah
\coupon bonds.
Denomination
$30,000 in 1949
$25,000 in 1951.
multiples
1948;
and
1,
Permitting
receive
will
chase of
minal
June 1, as follows:
on
bers,
-
Mildred
Rate of interest to be in
check
Law
until 5
1951,
p.m.
au--
held
Texas
<-•;/
•
'
T exas
—
receive 1973;
Dec; >1975;
1977; $88,000 in
29 for the purchase of $100,000
not to exceed 2%% interest elec¬
1979; $92,000 in
tric revenue, series 1947 bonds.
1981; $95,000 in
Dated Dec. 1, 1947. Denomination 1983, and $20,000
2
V'
V-
Offering
sioners,
Recorder,will
$1,760"payable to,the District
Treasurer, is required.. ■ '
•V:
..V
;;•*
Pennsylvania (State of)
|
^
for
;
>
Galveston,
V"
•
(EST) on Jan. 5 for the purchase
$88,000 not to exceed 3% in¬
terest school coupon bonds. Dated
•
Oser, Secretary Board of Commis¬
of
Feb. 1,
•$>,
.
;
election
Victoria Coun'y (P\ Oi
the voters did not ap~
as
bonds
N'm'/v
13.
the
Dawson,
pprovmg
bonds..
the issuance of the bonds at
the election.
v
as
sealed bids until
Dec.
30
O. Meridian)
Cancelled—The
Sale
the
are
at
in
Due
&
in¬
166
22—v.
Principal and interest (J-D) pay¬
Neshannock
(P. O.
; celled
2%s, maturing $60,000
from 1952Jo 1956 incl. Dated Jan.
Town
<
Underwood, of Dallas, sub¬
prove
and
1950
•
These
thorized
ject to the election held on Dec
2 as reported in our Nov. 17 issue
—v.
166, p. 2043—has been can-
and 11955;
1957;
1959;
1961;
15, 1948.
Interest payable J-J.
1963;
1965;
TENNESSEE
1967;
V
N;;.;Erwin, Tenn.p:'pfp^>$'^:. 1969;
Bond Offering — E. B. Clark,
1971;
in
$60,000
year?.;
bonds.
•y'c •-./
!
Georgia, both of Atlanta, E. H,
Pringle & Co., * of Charleston,
Hamilton & Co., of Chester, and
G, H. Crawford & Co., of Colum¬
bia, at a price of par, a net in¬
terest cost of 2.335%, as follows:,
$175,000 as IV2S, maturing on Jan.
15,
as
follows: $55,000 in 1949;
$300,000
■
road
Bond
R. A.
purchased
terest
under
■■,
$150,000 not to exceed 3%
of the $240,000 rded boi*ds sold t<
Charlotte, RobinsonCo.,
Trust
Co., of
Humphrey
name a single rate of interest in a
multiple of Vs of 1%,. A certified
eheck for $1,500
& Co., of
taken
been
of
sale
Bond
syndicate composed of R. S. Dick¬
son
interest
revenue
16—v. 166,
Dec.
on
2363—have
5%
system
representing interest subse-1
quently to accrue shall be void.
The pure!" aser will be furnished
with the opinion of Wood, King
pons
Texas
\
bids until Dec. 30 for the purchase
Texas
$475,000 school
Dec.
on
2611-—were
p.
the
general
are
the
at
Sale—The
offered
exceed
sewer
Bosque County (P.
town), S. C.
purchase of $75,000 sewer coupon
bonds. Denomination $1,000.- Due
and
advisement.
'
'
to
not
bonds offered
p;
Georgetown County (P. O. George-
the
for
5
000
water
1
Bond Offering — J. A. Mead.
County Judge, will receive sealed
Bond Award Deferred—All bids
received for the purchase of $110,,
SOUTH CAROLINA
receive
will
Secretary,
bids
sealed
"
'
Avinger, Texas
T.
County (P. Oi Miami),
k
1
Camp Hill, Pa.
The 1947 Pennsylvania Legisla¬
Bond Sale—The $42,000 funding
ture enacted legislation permitting
and improvement bonds offered
insurance
companies
to' invest
on Dec. 22—v. 166, p. 2471—were
10% of their assets in real estate
purchased by Warren W. York &
development. Lack of such a law
Co., of Allentown, at 2s, at a price
of 100.47, a basis of 1.94%. Dated previously had blocked insurance
forrosiv
investment in housing
Bee. 1, 1947. Interest payable J-D.
Bue serially on Dec. 1, from 1948 projects in Pennsylvania, although
sucn
work
was
undertaken
in
to
1962
incl.
The next highest
New York, New Jersey and other
bidder was Yarnall & Co., for 2s,
at
Roberts
Texas,; •
■
"
Writer
for
>
2V2S,
&
at
Co.,
and
Christensen,
a
price
of
>>
-•
.
^
-n
■
I-
1
@FedFRASER