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ADMiW
sUSlHSSS
WA8
DEC 6
library
MONDAY
Reg. 0. S. Pat. Office
Volume 168
New
Number 4757
General
RAILROAD
-
PUBLIC UTILITY
Allied
Affiliated Fund, Inc.—Results for Fiscal Year—
The corporation in its report for the fiscal year ended Oct. 31, 1948
that investible assets, net assets, and shares of capital stock
outstanding were double the amounts reported a year ago.
Net
for
income
the
$2,402,770, against $1,010,851
aggregated
year
earlier, Investible assets of $78,884,211 on Oct. 31, 1948 com¬
with $39,140,071 at the end of October last year. .Net assets
year
pare
$60,884,211 on Oct. 31," 1948, versus $30,140,071 at the end of
the previous fiscal year. There were 14,869,721 shares of capital stock
outstanding, against 7,510,640 shares, and the number of shareholders
rose to 33,422 from 19,491.
INDUSTRIAL
-
with
net
a
value
at Oct. 31, 1948, as compared
share at Oct. 31, 1947.—V. 168,
share was $4.09
per
value
asset
of
$4.01
per
share—_
per
1897.
p.
for this period
were
October—
Gross
from
1948
railway
RR.—Earnings—
1947
1946
1945
$433,767
150,699
74,123
$282,118
Net
from
railway
railway
4,914,100
1,875,277
955,841
—
—
Net ry. oper. income™—V. 168, p. 2001.
'
3,450,477
4,320,247
1,400,936
676,495
765,387
317,675
3,673,078
949,890
360,078
Alabama Great Southern RR.—Earnings—
from
from
Net
Net ry.
1948
railwayincome—
1945
$1,608,419
$1,285,253
$1,554,382
366,102
402,731
172,562
601,266
179,063
184,513
66,817
161,226
railway---.
oper.
1946
1947
-
$1,566,379
-
-
From Jan. 1—
Gross
from
ry.
15,273,138
railway
railway
13,570,225
4,100,404
2,889,219
2,171,930
-
income—
^V. 168, p. 1897.
oper.
1,384,482
11,917,534
1,533,697
416,392
17,063,162
5,977,786
1,381,465
of this corporation have been amended to change
period from a calendar year to a fiscal year ending
W. Jackson, President, explained the new fiscal year
date would come at a low, natural inventory time for both its mail¬
order end retail operations.—V, 168, p, 1037.
Robert
All States Life Insurance Co.,
With SEC—
Montgomery, Ala.—Files
24 filed 30,000 shares of capital stock with
per share without under¬
writing.
Proceeds will be used to complete company's purchase of
Eureka-Maryland Assurance Corp, of Baltimore, and to keep surplus
company
Nov.
on
the SEC, to be offered to
Intact.—V.
2,833,770
,59,660
168,000
10,392,090
13,080,035
59,010
203,123
.111,000
659,000
174,103
436,000
$232,276
-
3.607,953
$142,954
$1,023,381
$680,431
206
Depreciation
20,161
32,124
—
applic,
prior years
to
(net).
*$75,809
$0.74
Nil
Balance transferred to
Cr28l,658
$232,194
$ 1.11
disposal of fixed assets of
1947 period.—-V. 168,
profit on
the 1948 period and $105,714 in the
on
Dec,
1
Two Dividends—
declared two dividends
the class A and
on
common
,
The
directors
the
also
decided
to
consider
the
matter
stock
quarterly in January,
October in line with Amra's dividend policy.
on
The
common
directors
announced
that the possible
companies is still under consideration and
for
both
companies
jn this regard./:
■,•
have
v.
been
^
1.
•
of paying divi¬
April, July and
consolidation of the two
that the^ management and
directed .to; continue their
\ *
.
•
'
•.
w
Fre~Trial Arguments in Suit Set for
)
'*
,
■
Jan.^24—»
I
•'
,
Federal Judge Alexander Holtzoff at Washington, D. C„ on Dec. 1,
gave attorneys until next April to take depositions in Sweden and
Germany in litigation over government seizure of stock of the American
Bosch Corp.
He set Jan. 24 for further pre-trial arguments in the suit of
banking Interests to recover the stock and approximately
$8,000,000 for which the stock and dividends were sold by the govern¬
ment.
The assets were seized by the Alien Property Custodian in 1942
and subsequently sold,
'
Swedish
.
The
includes
income
,
stock, viz.: a special year-end dividend of 50 cents
per share, payable Dec. 23, 1948, to stockholders of record Dec. 13,
1948, and a dividend of 25 cents per share, payable Jan. 15, 1949 to
stockholders of record Jan. 5, 1949.
Including the year-end dividend,
the corporation will have paid 75 cents a share on its common stock
during 1948 as 25 cents was paid on Sept. 2.
v.
by-laws
accounting
31.
B
studies
The
the
$3,920,917 $12,277,593 $14,370,569
selling*
stockholders at $10
earned surplus
$232,^82
V.
on
168, p. 1793.
sales
Including that of Sales Manager.—V. 168, p.. 2002.
American Broadcasting Co., Inc.—Talks Off—
See
Century-Fox Film
Twentieth
:
•
•
■
v
'
-
Common shares outstdg.
To
per
on
1,288,608
share-
com.
1,036,332
1,288,286
$0.80
$1.06
4,423,972
1,288,608
$3.26
Distributors in Canada
and Wisconsin
appointed by this
has a copper core
Dec. 2 by Joseph
Kinney, Jr., President. The distributors were the first ever named
by American Cladmetals Co. Both distributors have for some years
in
to
18. the directors
each
declared
a
dividend of 80 cents per share
of
the
common
three
preceding
stock holders to $2
quarters, this brings the total
for the year, the rate that has
prevailed since 1942.
The
usual
quarterly dividend of $1.12Vz per share on the $4.50
cumulative preferred stock (107,383 shares outstanding)
was also de¬
clared payable Dec. 15 to holders of record Dec. 1.—V. 168, p. 1577.
Allentown-Bethlehem Gas Co.—Places Issue Privately
The company
has received permission from the SEC to sell $1,500,000
These bonds will be acquired,
in equal amounts by Metropolitan Life Insurance Co. and Penn Mutual
Life Insurance Co. The company will use the proceeds, together with
treasury cash, for construction purposes and the repayment of shortterm bank loans.—V. 168, p. 1897.
of 3 xk %
„
first mortgage bonds, due 1968.
Alliance Life Insurance Co., Chicago, 111.—Public Sale
of Mineral and
President, in
,
have been
handled stainless steel and other specialty metals.
Hugh Russell ft Sons, Ltd., of Toronto &nd Montreal Is the newly
appointed exclusive distributor in Canada,'and The Bell Sales Co.,
Milwaukee, "was appointed to handle-American Cladmetals' business
with the dairy and utensil industries in the State of Wisconsin.
A national sales system is now being developed for American Clad¬
metals and distributors will be named in many areas, according to Mr.
Kinney. During 1949 coverage of the entire country is expected to be
completed.—V. 168, p. 1685.
American Colortype Cg.
Period End. Sept. 30—
Sales
Net
before
1948—9 Mos.—1947
$5,931,350 $15,358,253 $13,865,071
656,143
*1,195,604
1,389,322
262,000
479,000
556,000
$0,436,338
570,801
231,000
—:
„
earns,
(& Subs.)—Earnings—
1948—3 Mos.—1947
taxes
profit
,
$347,301
$394,143
$716,604
$833,322
253,566
253,566
$1.55
253,566
$2.82
253,566
$1.37
share
com.
$3.28
an
Royalty Interests—M. F. Grimes, Viceadvertisement, stated:
This company will offer lor sale, at public auction, Dec. 10, 1948,
beginning at 10:30 a.m., in the court room of Hon. Henry J. Ingram,
Court House, Peoria,. 111., all of the mineral and royalty interests,
both producing and nonproducing, owned by it.
These holdings comprise approximately 84,830 acres, a portion of which is under lease
and situated principally in the states of Oklahoma "and Texas.
These
mineral and royalty interests will be sold only in their entirety as a
complete unit and not separately.-r-V, 139, p. 2511-
American Encaustic Tiling Co., Inc.—Merger Voted—
Stock and Bond Quotations
1,288,286
$3.53
the 1,288,608 outstanding shares of common stock, payable Dec. 22
1, With the payments of 40 cents per share
return
.
♦Including $70,405 profit on sales of real estate. -V. 168, p. 2109.
4,553,972
to holders of record Dec.
made
2221.
p.
.
company for its product, Rossiyn Metal, which
and stainless steel surfaces,
it was announced
Earnings per
1948—9 Mos.—1947
Pay 80-Cent Common Dividend—
On Nov.
In This Issue
below.—V.168,
Corp.
-■
.
American Cladmetals Co.—Names Distributors-
$31,438,352 $25,934,329 $89,668,043 $78,368,272
:
Net profit after charges
and ihcome taxes—1,492,157
Earns,
President of Division
George Belury has been appointed president of the company's
Engineered Castings Division.
Formerly Division Vice-President, he
has also served in various sales capacities with Engineered Castings,
Common shares outstdg.
Allegheny Ludlum Steel Corp. (& Subs.)—Earnings—
Total
$710,775
$0.98
>
combined 156,762 class
American Brake Shoe Co.—New
Net
1948—3 Mos.—1947
$1,055,505
$1.48
$163,115
$0.20
$0.33
A and 535,882 class B shares now
outstanding, and exclusive of adjustments applicable to prior years.—
*Based
Prov. for income tax
138, p. 2734.
Period End. Sept. 30—
30,344
-
,
N.
counsel
Aldens.Inc,, Chicago—Fiscal Year Changed—
Jan,
$3,293,706
—
sales,
expenses, etc..
*$413,296
128,739
$349,786
American Bosch Corp.—Declares
dends
from
Net
Net
of
admin,
Cr55,829
170",624
sales
Cost
Net profit
Adjustments
1138.
class
Gross
tSuch
*Loss.
$200,196 in
The directors
October-
t $360,933
for
profit
Earnings per share on, 314,700 shs.
outstanding
p.
from
,t$520,4l0
Net
1946
1947
1948
-Jan. 1 toJuly 1 to
Sept- 28,'47 Oct. 3/48
Sept. 28/47
July 5 to
Prov. for Fed. Inc. taxes
(& Subs.)—Earnings—
contingencies
—1
Provision for Federal income taxes.
36,765
,14,481
From Jan, 1—
Gross
American Barge Line Co,
Nine Mos. Ended Sept. SO—1
Net income before taxes
Net
$501,224
197,540
104,249
•
$517,613
201,607
105,988
-
railway™.,
Net ry. oper. income—,.
$3.88 per share.—V. 168, p. 641.
Oct. 3,'48
Period Ended—*
♦Earnings per share.™
Akron Canton & Youngstown
Net from
*$2.89
1945
$347,003
$1.39
♦Based on 261,290 shares now outstanding.
tBased on 249,530 shares
then outstanding. Computed on presentv outstanding stock,
earnings
Provision
MISCELLANEOUS
-
COMPARATIVE INCOME ACCOUNT
1946
$462,458
$1.85
1947
$1,014,006
t$4.06
1948
$754,663
—
Earnings
INSURANCE
-
Laboratories, Inc.—Earnings—
9 Mos. End. Sept. 30—
Profits after taxes
were
"Net asset
Copy
a
Corporation and Investment News
Shows
a
Price 75 Cents
York, N. Y., Monday, December 6, 1948
Page
-17
-29
New York Curb Exchange——————33
Baltimore Stock Exchange.
38
New York Stock Exchange
New York Stock Exchange
Boston
Stock
(Stocks)
(Bonds)-:
38
Exchange-—————
Chicago Stock Exchange—
——
—38
Cincinnati Stock Exchange————.
39
—39
Exchange—————39
Los Angeles Stock Exchange-.
39
Philadelphia Stock Exchange——————40
Pittsburgh Stock Exchange—
40
St'. Louis Stock Exchange——
.———40
San Francisco Stock Exchange————41
Montreal
Stock Exchange.-—
'—-—42
Montreal Curb Exchange
———————42
Toronto Stock Exchange.
43
Toronto Stock Exchange—Curb Section—45
Over-the-Counter Markets
——————46
Transactions New York Stock Exchange
--28
Cleveland
Stock Exchange—
Detroit Stock
—
——
28
Transactions New York Curb Exchange—
Stock and Bond Averages—•——————37
645,200 to 1,000,000 shares. See further details in V. 168, p. 2002.
Declares Special Dividend of 18.6 Cents per Share—
The
directors on Nov. 30 declared
Miscellaneous Features
News-Cover
.—56
47
Redemption Calls and Sinking Fund Notices—48
Dividends Declared and Payable.
48
Foreign Exchange Rates—.
48
The Course of Bank Clearings—
Light
present stockholders. Distributions of 12 Vi cents each were made on
Feb. 11, June 3, Aug. 31 and Nov. 29, this year, the first oh the
-present outstanding capital stock.—V.-168, p. 2002.
_
Foreign Power Co., Inc.—Defers Action
Dividends—W, S. Robertson, President, in a letter to
American
on
160 S. Mam Street
Bell System
1899
Salt Lake City 1
OLDEST INVESTMENT HOUSE IN UTAH
Reserve Banks
i—
The
directors
Nov. 26 said:
on
has deferred
until
Dec.
*
15,
1948, consideration with
to declaring and paying dividends on the $7 preferred stock
$6
preferred stock ordinarily paid In December.
It will be.
respect
and
noted that the current
earnings of Foreign Power, both on a corporate
basis, are among the highest In its history.
are at
a low
level due to the necessity
on the part of Foreign Power to make advances ta its subsidiaries for
construction
purposes.. If such subsidiaries
expect to continue in
business
and
retain their properties in
the foreign countries in
which they operate, they must meet their minimum obligations to
supply increased consumer demand.
and
Its
on
a
cash,
consolidated
resources
however
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
Established 1871
————-—48
300 North 4th Si, St. Louis
Condition Statement of Member Banks of
Federal Reserve System
Teletype SU 464
&
the stockholders
Combined Condition Statement of Federal
•
Established
special dividend of 18.6 cents
In the four years since the filing of the original plan of reorganiza¬
tion, construction demands of subsidiaries have required expenditures
of approximately $100,000,000 and it is
estimated that additional
General Corporation & Investment
State and City Bond Offerings——
EDWARD L. BURTON & COMPANY
a
per share, payable Deo.. 15 to stockholders of record Dec. 10.
Since
the purchase of the American-Franklin-Olean stock will not be con¬
summated until after said date, the dividend will be paid only to
,
Specializing in
Utah Power
stockholders on Nov. 30 approved a proposed plan for the ac¬
quisition by the company of that portion, amounting to approximately
51%, of the outstanding capital stock of American-Franklln-Olean
Tile Co., not currently owned; increased the authorized capital stock
from 400,000 to 645,200 shares in connection with the consummation
of such plan and further increased the authorized capital stock from
The
Auction
Sales
—
—
2, Missouri
Members
48
New York 8toek Exchange
-—48
Bt.
Loots
Stock
.
New
Exchange
Chicago Bd. of Trade
York Curb Exchange Associate
Chicago Stock Kxch.
,
Phone
GBniralT800
Bell Teletype•
8L593
•
?
2
THE
(2318)
•
American
1948 and the full
This construction pro¬
gram
has been necessitated by the fact that during the war new
construction was deferred and by the urgent demand for additional
supplies of power in the areas served- by Foreign Power's subsidiaries,
accentuated by their obligation to supply adequate service, the latter
being necessary under concession requirements.
Foreign Power s earn¬
ings as a result have been plowed back into the system, creating a
will total approximately $35,000,000.
1949
had
future earnings.
expected that the subsidiaries
been
in
Bids
N.
they
operate.
Th
the
have
such order
from
7.™V.
168,
2110.
p.
record
p.'
168,
stock,
common
of
168,
cents
Jan.
provision
The
$2,100,301
$640,503
421,981
421.981
421,981
$15.39
$4.93
$1.52
,
Trust
Arbor RR.—
Ry.
Co.,
ap-
share on the $7 stock and to $63.15 per share on the
Net
from
Net
ry.
—V.
$73.67'/a
per
stock.
$6
1946
1945
$570,128
$476,072
167,577
91,631
75,116
48,075
41,664
7,539,650
6,366,402
4,977.241
5,071,458
1,755,116
824,600
$
SUBSIDIARIES—
Operating
Oper.
1,273,679
537,788
510,330
120,059
1,129,989
567,861
retir.
Prop,
i05,853,768
92,647,655
approp.
1,840,963
1,875,101
6,893,299
78,851,062
6,943,368
res.
8,044
10,967
32,618
43,484
5,397,851
5,289,031
21,160,936
20,021,854
563,976
430,226
1,351,756
—
cumulative
dedutlons
21,245,560
22,512,692
5,719,257
The
5,541,644
20,669,143
Cr275,005
Crl66,695
Cr20,746
*Net
25,252
303,026
5,033,579
15,913,404
.
subs..
of
income
POWER
Net
equity
Other
4,386,652
18,033,064
617
44,786
31,926
5,034,196
-Total
4,431,438
18,064,990
incl.
to
amort,
and
public
"Net
of
755,193
657,573
2,706,504
2,602,496
disct,
debt
Balance
873,688
3,403,954
....
3,504.361
2,900,177
per
share
nine
9,956,396
months
Income from subsidiaries
$3,220,689
.
Other
Total
1948- -12 Mos.—1947
$3,221,306
taxes
$3,383,654 $13,479,523 $13,188,464
1,930,000
$2,510,756
Interest
&
(incl.
and
Bal.
debt
dis¬
$1.56
$1.53
to
875,049
876,513-
-
3,506,937
3,504,234
tax
$1,849,568
$7,266,082
$7,081,734
2221.
—V.
$1,748,249
$770,973
Corp.—Earnings—
1948
.
1947
"
1946
$1,821,588
$1,165,644
$527,909
506,275
'362,370
166,000
taxes..
taxes...,,.!."'!!"
175,241
83,092
57,791
$720,183
$304,118
377,441
377,641
413,333
$3.02
Aviation
$1.90
$0.73
the
1948—9 Mos.—1947
3,241,315
$2.09
$1.76
Federal
quarter
Income
of
1948
Corp.—Declares Another Extra Div.
the
directors
and
the
usual
extra
declared
quarterly
stock, both
action
payable
distribution
increases
with
$2
in
29
of
to
made
was
163,
of
30,
cents
share
on
Dec.
per
10.
record
last.
of $3
total
a
50
of
cents
Sept.
on
1947.—V.
dividend
50
holders
this year to
payments
paid
extra
an
dividend
Dec.
share,
per
1251.
p.
Blasband, Vice-President and Treasurer
has
been
appointed
company.—V.
The
1
167,
3,886,734
$5.07
taxes.
-acting
Treasurer
of
Bankers
and
Securities
director
a
the
of
2359.
p.
and
auction
assets
$5.40
;
tEqual
$6.08
per
York
from
this
of
Curb
company
Exchange
dealings- since
to $2.51 per
share for first
at
price
a
its
to
2,
of
its
accords
which
no
stockholders.—V.
26.
The
1948.
167,
from
removed
was
Nov.
on
Jan.
bankruptcy proceedings and all
3,241.315
<
stock
common
New
pended
$5,934,418f$20,372,369 $18,165,393
3,886,734
&
Santa
Fe
Ry.)
-
1948—Month—1947
46,788,455
32,746,448
accruals
6,600,678
credits-
Cr9,676
income.
or
The
assets
issue
have
been
participation
listing ..on
had
been
has
company
sold
in
the
sus¬
been
in
at, public
company's
1918.
p
Bessemer & Lake Erie RR.—Earnings—
October—
Gross
'
Met
ry.
1948—10 Mc-s.-
6,982,482
1946
1945
$2,519,800
$2,048,209
$1,319,554
764,569
1,269,719
961,604
383,791
income—,»
oper.
1947
$2,675,243
569,373
£48,786
728,565
309,591
railway..22,653,492
Net from railway—9,370,394
Net ry. oper. income..,.
6,374,554
—V. 1G8, p. 1794.
1947$
434.220,711 374,300.634
30,339,414 318,282,659 276,885,000,
6,058,254
57,388,329
53,446.366
Dr400,873 Drl,010,718
Dr570,924
5.297,790
4.781,217
1948
railway—,;
railway,.,
19,388,597
13,354,992
15,543,982
8,617,2n5
3.676,330
3.029,076
6,739,805
3;703,661
3,159,669
From Jan.
Gross
42,096,331
7,451,005
from
!
,.
.
from
Net
1—
from
Birmingham Gas Co.—Merger ApprovedThe
ry. oper.
income
Net
$24,026
$1,140,072
compared
Corp.,
basis of total shares outstanding before the com¬
stock dividend in February,. 1948.—V. 168, p. 1246.
revenues——
debits
Other
457,660
$180,280
the
Net
earned
$1,591,064
p.
oper.
$1,228,633
463,945
30
similar
hotel
,
Period End. Oct. 31—
Ry.
$2,212,194
45,220
Berkey & Gay Furniture Co.—Removed from Listing—
(& Subs.)—Earnings—
Panhandle
•
$69,246
—
$0.43
(Includes Gulf, Colorado, & Santa Fe Ry. and'
Ry.
expense
carried
168,
2,602,496
43.48J
Benjamin Franklin Hotel Co., Philadelphia, Pa.—New
1,634,748
1948—3 Mos.—1947
Ry. oper. exps
surplus
-V.
2,706,504
interco.)
of
amort,
count
657,573
19,529
Director—
$796,361
1,634,748
$
755,193
t
Nov.
common
$2,726,361
Exps. and other charges,
incl.
3,447
shares..
the
Atchison, Topeka & Santa Fe Ry. System—Earnings—
$3,338,868 $13,447,597 $13,055,725
44,786
31,926
132,739
617
$4,110,756
$1.60
and
third
on
pany paid its 20%
1948—3 Mos.—1947
3,707
for
1945
1,634,743
share
charges
the
$1,185,150
charges....
capital
share
as
1946
1947
1 $8,347,966
com;
all
for
82,764
$2,192,665
$226,484
income
per
executive.
account
$2,560,138
Steel Corp.
EARNINGS OF COMPANY ONLY
Period End. Sept. 30—
J.
Alan
depreciation.—V. 168, p. 1686.
*After
3,487,251.
11,854,125
•
as
of
firm
1,634,748
outstanding,
end1 of period:.—
Earns,
875,049
Co..
Not
shs.'
1
'
126,845
$65,799
income
On
$2,627,333
earnings;.
at
and'
expense
No.
Stated
Period End. Sept. 30—
16,046,143
44,345
$222,777
—V.
Y.
1,600,000
taxes.l
prof.)
profit
Com.
1
taxes
Banknote
the
with
__J
Armco
132,739
$1,102,386
Earnings per share
I 168, p. 1353.
the
N.
15,913,404
1
Exps. and other charges,
Interest
York,
A
and excess
*After
5,033,579
—
i
New
Broadway,
1948
outstanding
Earnings per share.....
CO., INC.—
(as above)
income
will be made at
Payment
association
Security
Shares
AMERICAN & FOREIGN
$2,065,820
(net)
income
S.
Alfred
Net
Net equity of company
in
bef.
$21,454
46,204
after
Net
,
taxes
828,074
18,033,064
4,386,652
798,797
307,120
with
Sept. 30—
income
1,177,680
$188,439
168, p. 2115.
Foreign
.
Archer-Daniels-Midland Co.—Earnings—
Income
interests
the
announces
2003.
p.
3 Mos. End.
adjustmts, on
.working capital (net)
Portion applicable to mi¬
Exchange
,
168,
7.440,313
1,900,964
called
sinking
formerly
8.196.381
83,610
34,338
income
This
2,092,410
509,558
,
—V.
18,859,140
2,003,977
5,182,584
480,044
2,386,420
1,843,549
536,673
420,183
Preferred divs. to public
nority
company
741.850
180,578
income-
available
Bendix
Schmitz,
(net)
the
dends amounting to 79 cents per share.
Guaranty Trust Co. of New York, 140
—V. 168, p. 2222.
,
public and other
to
Redemption
for redemption on Jan. 3, next, through
fund, 1,500 shares of its outstanding 4.50%
preferred stock, at par ($100 per share) and accrued divi¬
of
Appeal Printing Co., Inc.—New Associate—
5,961,827
income
Gross
Int.
(net)
Income
has
company
operation
$9 720,379
826,961
9 Months Ended Sept. 30—
1,223,706
—
Operating income
Other
The
plants
Rent for lease of
(net;
Appalachian Electric Power Co.—Partial
28,333,450 120,734,508
21,158,351
—_
MONTHS
10
1948—10 Mos.—1947
$12,163,165
charges
Profit
U.
$
...
31,412,038
24,165,173
incl.
FIRST
$846,914
(net)
Barber Oil
-1947.
taxes
revenues
expsr,
than
1S48—Month—1947
income
oper.
income
Net
—V.
income
oper.
less
electric
sw
OCTOBER AND
F.xed charges
From Jan. 1—
-
-
-
1948^-12 Mos.
1948—3 Mos.—1947
Period End. Sept. 30—•
,
not
Go.;
standard-gauge
$2,702,243, con¬
new
84,840
105,094
railway..
railway—
ry.
fixed
1947
$698,534
216,182
railway....
ry. oper. income.;
from
income
Income
$819,806
railway
from
Gross
"
'. ■
ACCOUNT
INCOME
CONSOLIDATED
from
cost
&
Inc.
Co.
for
Otis
Inc.;
Son,
&
provide
$1,195,978
expenses-
operating
Net
.168, p. 2003.
Net
to
operating
Other
1948
Net
Gross
financing
FOR
Railway tax accruals.
Earnings—
October—
is negotiating in an endeavor to determine the feasibility of
within the framework of such plan.
Payments of $1.75 per share on the $7 preferred stock and of $1.50
per share on the $6
preferred stock have been made each quarter
to and including Sept. 15, 1948.
Arrearages as at Oct. 1, 1948 amounted
company
to
&
Pollock
E.
to
diesel
yard
Period End. Oct. 31-
Rent
New York. N. Y., has been
pointed transfer agent for the common stock.—V. 167, p. 1798,
Ann
h.p.
electric
Ry. operating revenues-
of America—Transfer Agent—
&
estimated
2,000
diesel
EARNINGS
$6,492,996
$5.77
Bank
Wm.
issued
cars.
Ry.
Chemical
two
Gregory
are
and
be
passenger
locomotives; four
tching locomotives; eight 1.500 h.p.
electric branch line locomotives; and 100 all steel
side-discharge
1945
1946
1947
for
Anemostat Cerp.
will
equipment,
of
h.p.
diesel
depreciation, interest, Federal income taxes
(and after provision for contingencies in prior years).—V. 168, p. 1038.
The
offering
Corp.;
certificates
1,000
rack
the
in
Michigan
railroad
,
$4,866,389
843,962
share
per
♦After
of
sisting
21/2S
as
98.167; R. W. Pressprich
(jointly), 98.248.
Co.—Earnings—
1948
!
share
per
'
Capital shares outstand.
Earnings
Other bids received for the certificates
Associated
First
cents
20
common
.
Sept. 30—
income
"Net
its
on
of
1949 to
stockholders of
paid four quarterly divi¬
stock during 1948.—
15,
has
each
Anaconda Wire & Cable
9 Mos, End.
dividend
a
corporation
share
a
"
1898.
p.
payable
The
1949.
5,
10
declared
1
were
Salomon Bros. & Hutzler,
were:
& Co. and Freeman & Co.
Dec.
on
Offered—
ip2,100>000 2Vz% serial equipment trust certifi¬
N, due $140,000 annually Dec. 1, 1949 to
of 98.319.
838.
Corp:—Declares 20-Cent Dividend—
Jan.
dends
V.
*$465,873
$101,383
*$92,245
Trusts
1963, inclusive? The certificates, issued under the Phila¬
delphia plan, were immediately reoffered, subject to
ICC authorization, at prices to yield from 1.55% to
2.90%,
according to maturity. The issue was awarded on a bid
„
1948—9 Mos.- -1947
1943—3 Mos.- 1947
$69,363
directors
the
on
taken, the
recently been
Dec.
RR.—Equip.
series
cates,
profit after all expenses, including provision for Federal income
Amra
to its present cash
appeals
25-year
charges,
-
The
Power
While
after
taxes.—V.
plan of reorganization of Foreign Power was approved by order
U. S. District Court, District of Maine, under date of Oct. 11,
1948.
loss
''Net
Development relative to projects of Foreign Power in various countries
in whose industrial development the bank may be interested.
of
(EST)
Period End. Sept. 30—
Aroostook
1948
wart & Co. Inc. and associates on Nov. 30
awarded
debentures,
due
195 Broadway, New York,
$150,000,000
will be received at Room 2315,
etc.
position.
has for some time been actively negotiating with
the Export-Import Bank to obtain financial assistance to cover part
of the United States dollar expenditures involved in the construction
programs of its Brazilian and Mexican subsidiaries.
Conferees have
also
been
heid with the International Bank for Reconstruction and
Foreign
Bab
Halsey ,«
purchase. of
Y., up to 11:30 a.m.
Net
countries for
housing 'and industrialization growing out of the increase in popula¬
tion and zeal for national sufficiency, local demands on local supplies
of
capital have increased and at interest rates which the utility
industry cannot afford.
Except to a very minor extent, such con¬
struction expenditures, as a matter of necessity rather than choice^
'have been and still must be taken care of oue of earnings of the
subsidiaries and by advances from Foreign Power, until the situation
eases
It is significant that while cash remittances of interest and
dividends received by Foreign Power from its subsidiaries during the
12 months ended Sept. 30, 1943, totalled $12,882,014, the subsidiaries
required
for construction purposes
during the same period cash
advances from Foreign
Power of $11,295,375.
Unexpected delays in
financing at subsidiary levels and in certain plans,.! the effect of
which would have been to place Foreign Power in ample funds, have
contributed
the
1973,
Monday, December 6,
Telephone & Telegraph Co.—Bids for Pur¬
American Writing Paper Corp. —Earnings—
part of their
a
for
1,
Dec.
of Foreign Power would
position to arrange local financing for some
construction requirements in
the countries in which
However
largely due
to pent-up demands in those
be
CHRONICLE
FINANCIAL
&
chase of Debentures—
base for
broader
It
last quarter of
the
requirements for
construction
year
COMMERCIAL
SEC
on
Nov.
Co.-
and
issued
22
57,539,005
43,398,344
bama
52,746,269
37,863,515
companies of Southern
168, p. 2110.
Gas
order
an
Birmingham
Natural
approving
Co.
Gas
Gas
Co.)
the
(direct
into
Ala¬
of
merger
operating
Birmingham
subsidiary
Gas Co.
The
American
Investment
Co.
of
Illinois—Registers With
SEC—
The
SEC
October-
company
covering
series
A
and
share.
68,175.6
preference
in
common
special
a
and
ferred
rate
of
1.4
shares
of
The
a
shares
of
company's
41/2%
of
stockholders
preference
preference
four-for-one
a
for
each
common
be
exchanged for Ohio
four-for-one basis. McDonald
a
168,
6%
cumulative
the
stock
new
Nov.
30,
as
p.
class,
a
cumulative
callable
for
each
the'
of
holders
of
the
stock
the
pre¬
at
old
the
stock.
also
approved
an
Increase
in
the
authorized
preferred stock to 150,000.
It was,
however,
of
stated
that the company does not
presently
the additional 57,082 shares thus authorized.
contemplate
railway...
railway
—
operating
income
1947
1946
$211,388
...
railway.—:
$161,188
$150,169
notes
96,448
63,852
58,496
other
44,957
30,623
1,516.373
914.471
609,741
1,275,477
399,458
393,390
245,164
165,501
From Jan. 1—
Gross
Net
Net
—V.
from
railway-,.—
from railway—;.
railway operating income..
168, p. 2003.
issuance
of
October—
Gross
Net
stock
Net
ry.
oper.
1947
1946
1945
$331,316
$348,558
$379,479
42,960
25,769
98,806
practicable
7,578
204
9,142
25,708
each
3,821,777
3,360,031
3,341,142
4,398,826
681,855
456,263
314,695
1,016,791
159,175
7,384
141,797
251,609
income
from
Net
from
Net
ry,
—V.
income.
brings
quarterly
in
directors
stock,
common
This
the
30,
total
payable
Dec.
payments
dividends of
1947.—V.
declared
168,
p.
25
in
cents
1685.
For
the
this
week
ended
305,000
kwh.,
Nov.
or 8.20%,
of
holders
$2
and
$1
of
compares
,
Dec.
11.
(including four
with
$2.25
paid
Co.—Weekly Input—
241,547,000
2221.
p.
Net
Other
on
the
share
J.949
each
of
directors
common
each
to
were
The
of
made
on
29
declared
and
the
preferred
record
the
Doc.
a
dividend of
regular
and
class
11,
1948.
common
stock
on
annual
A
stocks,
50
cents
dividends
all
per
of
payable
Annual distributions
Jan.
share
$3
per
Jan.
of
5,
the
announces
common
that
stock
"the
dividend
5, 1948, and in January
declaration
of
50c
per
was
determined after recognizing the
decrease in earnings during the current
year below any of the pre¬
ceding four years, and the effect that any
payment in excess thereof
would have upon its
working capital position."—V. 168, p. 838.
9,942,456
expenses
10,088,939
9,051,372
97,668.713
93,832,509
600,000
9,550,000
8,500,000
113,647,186 105,547,925
•
9,293
41,028
2,311,056
share
the
of
of
after
company,
Birmingham
*662,309
250,056
1,057,588
oper.
income-
income
984,604
4,117,417
6,047,033
6,336,420
income—
395,279
deductions
Net
income
♦Deficit.—V.
Albert
lyn,
N.
years
J.-
the
then
electing
cash
a
the
of
acquisition
exchange
to
as
their
as
soon
cents
adoption by
of
(7) the
the assets
of
of
an
public holders
payment,
merger,
held;
shares
two
consummated,
the
for
90
of
the
Alabama
in
(
Bright
been
has
elected
a
director
has
also
and
been
Vice-President
in charge of its U. S. Government bond
de-^
Bright, a trustee of the Flatbush Savings Bank, Brookhas been in the U. S. Government bond business for 16
Mr.
Y.,
and
has
been
with
1,198,272
1,234,660
10,164,450
7,534,692
9,777
10,764
45,520
36,900
328,163
328,131
3,269,836
3,381,947
Blair
&
Co.,
Inc.
since June,
1941.—V,
167,
(& Subs.)—Earnings—
Quarter End. Sept. 30profit
Number
Earned
of
per
J948
*4
1947
1946
1945
$853,506
shares
cap.
$842,238
$688,741
$632,473
1,411.468
-
1,344,843
1,344,343
1,334,458
share_
$0.60
9 Mos. End. Sept. 30—
$0.62
'
$0.51
-
$0.47
_
_
_
57,339
_
168, p.
895,765
6,849,094
4,115,845
Shipments
and
Net
1794.
This
company and its affiliates will commence on Jan. 1, 1949, the
centralization in Chicago, 111., of all business
in; the Middle West,
according
to William
Gerald
Richardson
D.
Winter,
will
be
operation.—V.
Chairman
General
168,
p.
of
the Atlantic
Manager in
1478.
companies.
charge of
this
new
1948
1947
1946
1945
$
Atlantic Mutual Insurance Co.—To Centralize All MidWest Business in Chicago—
enlarged
for
247.
$
$
$
billings-
46,193,330
119,670,624
2,646,675
39,303,760
2,224,521
35,997,797
taxes—
1,742,805
2,065,191
after
profit
Earqed
F.
Southern
not
stock
common
consummation
Birmingham
Blaw-Knox Co.
ry.
of
2,017,144
Fixed and conting. chgs.
and
stock
Southern's
after
partment.
p.
$1.73
years.
company
on
Nov.
stock
the
on
holders
preceding
share
on
full
appointed
$
Net
Misc.
The
$
700,000
Total
American Service Co., Kansas City, Mo.—Smaller Div.
for
.
1948—10 Mos.—1947
$
10,135,923
Taxes
2%%
of
Blair & Co., Inc.—New Vice-President—
revenues
Equipment and joint facility rents
the System inRUts of subsidiaries
kwh., an increase of 18,the corresponding week of 1947.—V 168,
over
Operating
Operating
•
,
1948,
to
$
$3,340,000
with the merger thereof into Birmingham and the
proposed
capitalization changes in Birmingham, of the name Alabama Gas Corp.
—V. 168, p. 2004.
• '
RR.—Earnings—
1948—Month—1947
on
stock
common
168, p. 1898.
Period End. Oct. 31-
share
per
record
share
per
.
25,
amounted
company
to
each),
-
American Power & Light
of
to
21
1948
dividend
a
into
an
connection
•
the
Nov.
Birmingham
and provided the merger is
the part of Southern to distribute to
on
common
resulting
railway—
railway
oper.
the
holdings
From Jan. 1—
Gross
of
Birmingham
55,423
of
share' of
one
of
undertaking
1948
railway
railway
notes
stock of Alabama to be acquired
by Birmingham; (6) an offer
by Southern to the public holders of Birmingham's common stock to
$395,985
from
from
similar
common
Atlanta & West Point RR.- -Earnings-
Atlantic Coast Line
Declares $1 per Share on Common Stock—
On
of
maturing up to 1956; (3)
rights of the outstanding
alteration in the voting and certain
preferred stock of Birmingham; (4) a
request that the SEC remove an existing restriction on the payment
oi common stock dividends
by Birmingham; (5) the issue and sale by
Birmingham to Southern of 448,371 shares of common stock of Bir¬
mingham and the acquisition thereof by Southern in payment for the
38,184
1,990,784
.
$550,000
exchange
approved
preferred
Net
1948
from
from
2221.
non-callable
share
Net
stock
on
would
on
meeting on
each voting
stock,
the
into
stock,
issued'in exchange for
$100)
dealer-manager.—V.
a
stockholders'
stock
number
as
4/a
the
preference
4V2%
be
(par
Gross
with
Co., Ltd.—Reclassifies Preferred Stk.
common
reclassification
of
of
to
is
stock
(par $100)
statement
convertible
shares
stock
ratio
preference
preferred
American Metal
At
$1.25
preference stock
Co., Cleveland will act
preferred
of
and
5%
44/a%
Finance 4,/2%
&
shares
registration
a
$1.25
Co.
Ohio
The
filed
$25)-
(par
Finance
basis
18
168,425.5
(par $25). The
Ohio
Nov.
on
following related actions were approved: (1) the assumption by
Birmingham of note obligations of Alabama aggregating $2,790,000- and
maturing up to 1956; <2) the refinancing of these notes together with
Atlanta & Saint Andrews Bay Ry.—Earnings-
The
per
1948
profits
30,
and
share
earnings
sales
$1.88
.
of
and
The
billings,
Foote
,$1.65
the
Co.,
■
company
Inc.,
$1.55
$1.30
reported,
include
Jthe
for five months ending Sept,
1948.
Incoming
business
approximated
unfilled
the
orders
at
during
same
Sept.
the
average
30,
third
as
1943,
in
quarter,
the
were
two
the
$29,500,000 at the beginning of the year.—V.
company
previous
$38,000 000,
168,
p.
stated,
quarters
compared
643.
and
with
Volume 168
Bliss
&
Number 4757
LaughFin, Inc.—Earnings—
9"Mos. End. Sept, 30—
Net'
pro.it
&
Com.
1946
1945
$642,455
FINANCIAL
&
$501,317
October—
•
Gross
$1,246,467'
$987,000
_____
shrs.
♦Earns,
COMMERCIAL
outstanding,
525.514
525,514
525,514
$1.85
$2.35
$1.20
from
Net
ry.
1947
1946
1945
$405,872
$300,298
$181,636
$262,990
89,060
46,895
"43,126
61,193
24,637
railway
railway
♦10,652
♦90,880
6,963
'
—
1S0.93
com.
to
the
preferred
dividend
income-'—"
oper.
two-for-one
tAdjusted
requirements.
split' in
1946.—V.
August;
168,
to
give
effect
Gross
River
1140.
p.
Net
ry.
9
Months
Sales
and
Cost
of
Ended
other
sales
Stpt.
and
other
71,703,776
2,688,267
1,134,843
74j,702
5/0,UoO
136,551
36,043
430,503
168,
loss
;
The net
loss
William
M.
statemeht
$356,528
the
the
and
be
loss
company
will
price
airplanes
to
the
The
for
operating
Balance
filed
1
upward
are
profit
Still
prices
its
in
profit
additional
30
Sept.
on
Operating
Trust
makes
with
total of
a
$4.15
The
in
for
totalled
30
Total
$327,051,000
and
B-47
plus
Dec.
1,
record
of
Nov.
19,
after
allowances
the
jl'or
Dividends
168,
This
for
Operating
Joint
54,696,246
>7,237,511
6,758.598
314,202
292,177
3,397,145
2,629,090
26,617
27,394
" 306,375
(Dri—
rents
facility rents
Net
ry.
(Dri
$867,495
■
.
$520,018
98,191
$6,467,773
-
to
$617,919
805,345
311,604
I.
679,919
$5,403,499
304,805
193,665
.
income
1
-1,951,787
A.
1943—3 Mos—1947
$1,222,138
—_____
shares
Vail
J.
cutstdg.
share
B.
of
1,321,184
1,381,182
$0.47
$2.35
168,
committee
a
In
out
is
for
of
the
this
company
the
to
preferred
stockholders,
•
taxes
dividends
cash
upon
Brown
Co.
•'
•
stockholders
cash.
want
There
1948
share
alone,
the
on
$4,000,000)
believe
we
the
preferred stock.
for
but
seven
around
earn
Haven,
Manager
the
of
per
1946
1947
*27,096
of which
and, $5 shall
shall
$3
be
regarded
apply to reduction
as
a
regular
semi-annual
of arrears."—V.
168,
,
Bar-he
168,
*394,111
*445,596
*1,029,009.
dividend
Budget Finance Plan, Inc. of California—Acquisition—
In
joint
a
Behrstock,
statement
Chairman
by
of
Charles
the
S.
board,
Offer,
this
President,
corporation
and
corporation
State
of
Utah,
Western
The
intends
in
United
to
conjunction
States,
Salt Lake
City
several
open
with.
'
office
expansion
the
income________
the
in
INCOME
wholly owned
for
bad
^
company's
*97,678
depreciation
for
Federal
$574,490
300,867
106,421
87.412
40,848
17,874
amortization—
17,962
A common
dividends
519
25,759
22.84d
19,001
15,000
:
*
B
dividends, class B
dividends
common
for
„
common..
50,000
i
period.
$35,830
r*
CONSOLIDATED
BALANCE
$21,999
$64,139;
$4,345,689; accrued
miscellaneous notes
$10,474;
investments, $89,111;
interest
receivable
receivable,
furniture,
$9,092;
and
leasehold
cost
(less reserves for depreciation and amortization
$125,211; organization expense and purchased goodwill,
$37,518; deferred charges, $44,433; total, $4,935,465.
LIABILITIES—Notes
instalment
loans
unsecured,
$37,750;
and
long-term
$28,750;
ferred
stock
$750,000;
($10
class
B
notes
The
doubtful
discount,
par),
loans
and
$25,472;
$250,000;
stock
common
Commercial
offices:
as
Dana
135
S.
second-class
American
NOTE:
and
contracts,
$100,302;
cumulative
6%
class
A
on
the
share
per
•
declared
date
same
the
on
new
$5
La
matter
of
per
the
25,
year;
3.
1942,
in
a
quarterly
9 Months Ended
dividend
in
at
S.
Riggs,
Preferred
Class
the
the
post
of
Office)
Business
State
office
Canada,
rates
of
stock/dividends
A
shares
B
1947
$295,495
37,851
then
1946
at
$181,524
New
Pacific
1.000
1,000
,
Paine,
2,000
14,500
Noonan
1,000
du Pont & Co.—
5,000
4,500
86,657
outstanding,
B
Webber,
H.
Jackson
Edward
6 000
Purcell
A.
1,500
&
Co.
1,000
2,000
The
&
Gardner
Robinson-Humphrey
Co.
1,000
Rohrbaugh
&
Lukens
;
750
Rowles, Winston & Co.—
1,000
Dallas
1,000
& Son—,,—
Rupe
Seasongood & Mayer—
Sheridan
1,500
Inc.
Bogan Paul & Co.,
750
1.500
500
2,500
Sills, Minton & Co. Inc
1,000
I. M. Simon
Shields &
Company
3,000
Securities
Corp.——•
1,000
William
& Co
3,000
Staats
R.
Co.—
500
Frost, Read & Simons-—_
1,000
Starkweather & Co
1,600
Stein
2,000
Sterne, Agee & Leach
1,000
Stix
Garrett'&
.""Robert
Gra-nbery,
t$5.48-
stock.—V.
50o
Rauscher, Pierce & Co. Inc.
i—
C.
2,000
1,000
&
Pringle & Co
Co.,
inc.———
1,500
California—
Ewing & Co.—
•
First
*76.529
$2.99
class
2,000
—
&
of
Curtis
E.
Robin§on,
—
Evans
Co.
1,500
Reinholdt
Bodine-^
Co.—:
&
1,500
1,200
5,000
Newhard, Cook & Co
Friedman, Brokaw St Lesser
$419,274
$0.52,
$On
Co
Co,
Newburger
Farwell, .Chapman & Co.__
4~o"258
$258,898
346,628
Co.——
1,000
Marache & Co.-.
Ellis & Anderson—
Green,
168,
Sons—
and"
Griffin
Harriman
Vaden^
Inc.—
500
1,000
1,000
3,000
Boyce
1,000
Go
&
1,500
Stoetzer, Faulkner & 'Co.—
Lowber Stokes
Edw.
Ripley & Co.,
&
Bros.
—
500
Co.
500
'
Inc.
Carolina Power & Liffht Co.—Stock
Brothers
Hayden,
shares owned
group
*
a
Herrick,
Inc.
by Bond and Share are to be distributed
dividend to its
own
common
Transfer
Transfer
stockholders.
Co.,
William
Bankers
Co., New
Raleigh, N. C.
B.
Dana
Published
1
Trust Co.,
York.
16
Wall Street, New York. CoRaleigh, N. C. Registrar,
a
Hirsch
;
First-Citizens Bank &
-
The
Publishers,
week
[every
25 Park Place, New York 8,
Thursday (general news and
&
Illinois
Indianapolis
N.
year.
remittance
Company,
Inc—,
Inc.—
Taussig Day & Co.,
4,000
Unicn
1.000
Van
Securities
Weeden
&
Co.
&
Bond
Wertheim
Woodard-Elwood
7,500
Woolfolk,
—". 3,COO
Co
Corp———-1.—
1,000
Co—
—
Co
&
Huggins
S.
1,000
500
2,500
14,500
1,000
& Sho-
ber
F.
and
& Co.—
Inc
1,000
1,000
14,500
Corp
Alstyne, Noel
2,000
Weeks—-—
5,000
Wagenseller & Durst„ Inc..
Reed,
Co—
&
&
2,000
,
Co.L——
*—
&
Share
Company,
twice
Co-Registrar,
& Co
l,G0o
Yantis &
Yarnall
&
Co
Co.,
Inc.—
500
2,500
Y.,. REctor 2-9570.
Herbert D Seibert, Editor and Publisher;
advertising issue) with a statistical issue on Mondayj.
N.
Garderis,' London,
E. C., England, c/o Edwards & Smith.
Copyright 1948 by William B. Dana Company.
Reentered
Y., under the Act of March 3.
1879.
Subscriptions in United States, U. S. Possessions. Territories and Members of PanOther Countries,
$42.00 per year.
Drapers'
York,
per
agent.
Trust
&
Waddell
Hornblower
agent, Wachovia Bank'& Trust Co.,
Guaranty
Hayes
S.
Hemphill, Noyes & Co
-
„
as
Stone
R.
Stroud
1,500
Miller & Co
Hayden,
Merrill
and
purchase
shares of
a
14,500
Offered—Lehman
Lynch, Pierce, Fenner & Beane
that offered publicly Dec. 2
350,000
common stock
(no par), at $30 per
share. The stock represents a portion of Carolina shares
owned by Electric Bond & Share Co.
The remaining
head
0613);
338.00
Co., Inc.—
Co,
Co-
CO.—
—
&
Milwaukee
The
&
&
Miller & Co
Turben
500
1,000
Marshall
McDonald-Moore
Merrill,
Co,
&
& Co
"
$4o9,532
—-——
1,500
Marks
M.
Masten
E.
„2,000
Co.__
2,000
<fc
A.
Co
1,000
1
&
&
2,000
——
Elkins, Morris & Co.—
843.
p.
Manager
exchange,
Co
&
Bretscher
; Clement
36,597
—
——-
Surplus after preferred dividends
Common
shares
outstanding
—
Earnings per common share..
—
pre¬
par),
surplus,
Patent
(Telephone
1948
$219,375
Sept. 30—
net" profit——
stock dividends——
&
A.
8. Dick' on & Go, Inc.—
R.
(& Subs.)—Earnings—
Consolidated
Trust
U.
D.
I1L
Dominion
fluctuations
(Reg.
William
Chicago
St.,
February
$35.00
account
Chronicle
President;
Salle
($10
paid-in
5,000
Law
M.
Laurence
par
deferred
convertible
stock
common
(50c
Financial
Seibert,
Union,
On
of
payable—
payable, $20,125; accounts payable, ac¬
provision for Federal income taxes,
payable—subordinated to all other liabilities,.
par), $100,000;
$2,811; earned surplus, $108,751.; total, $4,935,465.-
William
assignment
by
$3,391,609;
$36,921;
notes
for
reserve
income—unearned
banks—secured
to
receivable,
dividends
etc.,
expenses,
$2,974;
payable
contracts
2,500
500
—
Townsend,
Allen
Im¬
at
Mackubin, Legg & Co._
Mannheimer-Egan, Inc.—
<fc
Inc.
loans,
$36,761),
crued
,
,
Carman & Co., Inc.
receivable,
accounts
equipment
Lester
2,000
Co
"Estabrook
cents
♦Class
instalment
on
2,000
Haven
.Dixon
500
Sons—a
Crouter
>
approved a proposal to change the
shares, no par value, to 200,000
shares to be issued in exchange for
'
&'Co.„
Curtiss, House & Co.—j. ,1,000
,Davies & Mejia__
1,000
Davis, Skaggs & Co
2,500
De
Co.
Co
A.
Inc._.
1,000
&
7,500
1,000
1,500
Crawford
H.
1,000
Asso¬
Ladenburg, Thalmann & Co. 14,500
Co._
&
14,500
Co
&
Arnold
Kormendi
John
4,000
1.500
1,000
"Cruttenden
125.000
Huger
&
500
Co.—
ciates, Inc
Kirkpatrick-Pettis
Co.J—
Clucas
Francis I.
SHEET, SEPT. 30, 1948
ASSETS—Cash, $209,798; instalment loans and contracts receivable—>
provements,
held. '
Kinloch,
5,00o
Company
&
Kirchofer
Maxwell,
of
$110.?'*5
11,079
dividends-
preferred
1,000
&
Kidder
Mead,
stock, payable Dec. 20 to
holders cTf record Dec. 13.
This is equivalent to 25 cents per share
on- the
no
par
stock, the rate paid on those shares each quarter.
An extra of $6.50
per share was also disbursed on Aug.
23, last, on
the no par stock.—V. 168, p. 2222.
47,308
$121,669
convertible
Stock
of
share
par
Securities
Jones
1,000
l.OOo
500
5,211,361
10,664
75,500
taxes—
1,500
3,000
1,500
2,000
W.
the
fellows:
No of Shs.
Corp.
Inc.—
E.
15,813,803
as
.
Interstate
2,000
Clayton Securities Corp.—
$,.$.-
.
new
underwriters and
'
Leith—_
and
$10,-
Johnson, Lane, Space and
Co., Inc.
Johnston, Lemon & Co._
500
F.
Courts
two
principal
1948
them, respectively, are
Cassell & Co., Inc.-,—
Central National Corp
C.
278,553,585 246,931,823
30
the
the
for
program
Co
Brown & Co
S.
24,605,898
Nov.
on
construction
24,350
—
&
Brown
5,671,587
each,
directors
The
382,782
.rv,'
$5
par
no
12'/2
$745,192
and
income
Class
assigned,
shares,
each
1947
expenses.
income.
cumulative
Surplus
"
of
Inc.—
14,500
Bonbright &
Bradford
C.
>)Cohu &
capital stock from
it will be placed in service
unit,
Co.—-— "14,500
&
Co.,
Burnham
.
for
Class
'
•
Blair
&
unit
24,350
—_
Co.———
&
Burgess &
1948—10 Mos.- -1947
11,486,412
third
company's
names
Co._l————'•
Stearns &
290,039,997 262,745,626
;
*
stockholders
The
subsidiaries)
_i_
Provision
Net
chain.
the
Kidder, Peabody & Co
C.
Capital City Products Co.—Sulit-Up Approved—
the
ACCOUNT
,
debts
Provision
6%
in
program
of
No of Shs.
..Bond & Goodwin
*709,345
first
1951.
cost
,
the
1948
Operating and general administrative
Interest, —
Provisions
in
to the
respect
3,000
Bnrth
$
.
2116,
p.
The
H,
23,781,372
earnings
168,
authorized
17th
Nine Months Ended Sept. 30—
Total
offices
«
is
COMPARATIVE
(Including
its.
additional
-V.
C.
N.
M.
G.
Net
that
Lumberton,
A.
29,817,259
expenses
consisting
120,000 h.p.
be ready for service in October, 1949,
early in 1950. A third unit of 80,000 h.p. (60,000
is on order, subject to cancellation.
If plans are
—
Albert
announces
through its wholly-owned Utah subsidiary it has purchased the Friendly
Service & Finance Co.
of Salt Lake City,
which will henceforth be
operated under the name
of
Credit
Finance
Plan.•
The
Working
plant
approximately
T.
$
earnings
near
expenditure
initial
generating
of
capacity
the
is
program
electric
1,000
34,452,959
;..
and
1948,
Power
2,500
William
Earnings Higher-
1948 -Month—1947
Period End. Oct. 31-
Gross
1948
to be located
unit
Burr & Company,
'Byrd Brothers
October
Ry.-
arid
.
Eeane—
&
Bear,
1899.
p.
Canadian Pacific
line
real
transmis¬
Co, in
new
Co.—
Alex.
*946,967
and
(40,000
Ball, Burges & Kraus—_
*93*382
♦1,036,217
horsepower
for
program
includes completion of a
Appalachian Electric
steam
total
Brothers
Atwill and
1,953,800
income—
construction
shares to be purchased by
Blyth
*104,665
♦Deficit.—V.
1948,
service
is approximately $41,592,000 as follows:
$16,020,0C0; 1950, $14,588,000.
George D.-B.
Co.
1.756,500
Net ry. oper.
electric
the government,
acquired by
Lynch, Pierce, Fern
&
ner
*38,808
♦88,916
income—
of
1956
1949,
'1943
*52,505"
1,804,100
oper.
sale
J.
♦60,445
1578.
p.
a
with
1948 to
Lehman
shr.
from, railway
1,987,000
from railway—*482,075
ry.
Net
such
stock
with
capacity
$163,700
•"
$170,000
-
transportation
of
with
the
new
<
J.
piling up of unpaid preferred dividends must stop and
earnings there seems no valid reason for it.
Therefore,
urge directors to pay immediately at least $8 per shale on preferred
we
a
UNDERWRITERS—The
"Continuous
with
be
additional
in
item
of
during
number of
England—Earnings—
$193,000
rendering
the
from
PROGRAM—The
53,000
estimated
984,000;
*6,585
the
plant is expected to
out
time
The
-
From Jan. 1—
per
(with 1948 estimated at
of $14;400,000.
excess
kilowatts)
some
years
1948
railway--:.
railway
Gross
•
$27
from
Net
thousands
years
to
are
'$10,984,000,
major
new
1947;
$236,000
,
from
Gross
sueh- ■'
service.
Bateman, Elchler & Co.—_
upon
.
cost
secure
the second
carried
vending machines,"etc.
Canadian National Lines in New
October—
than
which
units
this
of
by
that
Net
higher
purchase bottles,
to
in
derived
for, interconnection
to1
two
-and
General
stock (no par) at $100
common
engaged
was
"(90,000 kilowatts)
com¬
pointed
Joyce
also
is
construction
of
privately offer¬
ing 850 shares of
Proceeds will be used
advised
line
director of the company
Manufacturing
since
May 31,
tributaries
Inc.-^-Stock Of¬
$54 of dividends due
are
will
company
In
been -Assistant
been
South
fered—Westheimer & Co., Cincinnati, is
*'
total earnings appear in
a
in
declarations
of
Merrill
Preferred
protection
Mr.
much
are
He has been
Vice-President
elected
has
Krepps
.
preferred stockholders.
"In
improve¬
on
was
of the
May 1, Aug. 2 and Nov. 1, 1948.
,
c^mpanv in
1915 and has
Motor Castings division at
1946,
23,
kilowatts) of
electricity under a contract which continues until June 30, 1963. By
means of
this construction the company will be able to obtain up to
350,4)00,000 kilowatt-hours of additional steam-generated energy per
year-.
•
/. ♦
'
.
•
as
the
Aug.
The company has two wholly-owned subsidiaries, the Capitan Corp.
(incorporated in Tennessee) and the Roanoke River Power Co. (incor¬
sion
$2.05
protective
capital gains, wealthy stockholders may object to them,
of
1,381,184
being
are
stockholders'
common
in
estimated'to
L.
National
dividend
stock
dates
from .transportation
order
.
Canada Dry Bottling Co. of Cincinnati,
"imperatively necessary for mutual
preferred stockholders be formed,"
his
message
that—
"Because
shares
Chairman of
it
$3,031,599
-
Common
CONSTRUCTION
plants since last year; Mr. Vail was made General Manu¬
facturing Manager of the Muskegcn plants in 1946 and Mr. MacGregor
was
appointed Sales Manager in 1946.—V. 168, p. 1252.
1140.
p.
and
1944
Mr.
$.3,442,143
$0.34
reserves.—V.
preferred
Joyce,
that
finance
.
distribution,
company is an electric utility operating in North
South Carolina, where it is engaged primarily in the
Company
>
its
Muskegon
1948—9 Mos.—1947
$718,413
1,381,132
com.
charges and
Holders
mittee,
C.
joined
the
of
of
Krepps
R.
Beatty
Manager
$454,178
Brown Co., Berlin,
N. II.—Formation of
Stockholders Protective Committee Urged—
Wm.
W.
D,
Bristol-Myers Co. (& Subs.)—Earnings—
♦After
...
Mich., for the last 25 years.
Period End. Sept. 30—
Earnings per
borrowed to
amounts
of
Power Co. owns and operates 12 miles of 110,000-volt transmission
located in Mecklenburg County, Va. It also owns and holds certain
property, easements, rights "of way, water rights and other rights
privileges in Virginia and North Carolina along the Roanoke River
Nov. 30 announced "the election by the
Beatty as Executive Vice-President of the-,
Vice-President in ch'arge of production,
as "Vice-President
in
charge of manufacturing and I. K.
as Vice-President in charge of sales.
Directors
MacGregor
since
Common
fund
1589.
President,
Wyant,
of
company,
1,983,288
•
$2,348,028
$115,371.
$460,417
earnings
replacement
164, p.
2,966,033
2,793,303
197,743 '
v
and
Another
168, p. 2116.
♦Net
$517,207
subsidiary of New England Gas & Electric Associa¬
petitioned the Massachusetts Department of Public Utilities
plant
Mr.
-V.
$536,001
.
company
the
date
porated' ih- Virginia).
Capitan
Corp. owns and
holds certain real
-property, easements, rights of way, water rights and other rights and
privileges in Tennessee, along; the Pigeon River below the company's)
Walters (formerly Waterville) hydro-electric plant.
The Roanoke River -
$4,723,580
$7,273,118
97,901
$965,686
_
Rentals, interest, etc.
Contingent charges
Net
$670,110
152,903
authority
Board
income
152,903
company,
ments.—V.
'
Other income
Gross
$688,904
t
Campbell, Wyant & Cannon Foundry Co.—Promotions
income-
oper.
452,587
2%
245,778
884,337
156,088 shs.
1,000,000 shs.
service through the operation of a motor coach system in Raleigh, N. C.
total operating revenues for the 12 months ended
to sell $2,750,000 of notes running not over 25 years.
also seeks authority to borrow, from its plant replace¬
fund, up to $2,500,000 during the period ending Dec. 31, 1951,
for. financing plant improvements.
Proceeds from'the notes will be
used to repay $1,750,000 of long-term loans and the balance to restore
$69,053,292
60,904,831
6,096,921
———_
Equipment
456,454
■—
300,000 shs.
3,000,000 shs.
electric
of
ties.
ment
5,854,259
721,521
$8,189,572
—
$1,122,697
_l._.i—
2222.
p.
has
The
1948—10 Mos.—1947
$7,415,369 $78,313,635
■
./
revenues
Operating expenses
Taxes
$1,145,358
—
$7,000,000
Of the
Cambridge Electric Light Co.—To Issue Notes—
The
Earnings—
1948—Month—1947
*
——
168,
tion,
Maine RR.
19,694
lic
on
1578.
Boston &
1,103,002
60,142
preferred stock—
on
Balance
—V.
1948, aggregated $7,434,988, represented by 81,448 units.
liquidating value per outstanding*unit was $91.29.—V.
Period End. Oct. 31-r-
$2,949,421
1,085,216
deductions^.
-
$44,160,000
7,000,000
is sold- to
1948,
resulting
P.
other
&
"!
•
Outstanding
generation, transmission, distribution and sale to the pub¬
energy both at retail and at wholesale.' Electric energy '
-residential, rural, commercial, industrial and other customers
and-also is sold to, purchased from and interchanged with other utili¬
300,828
$3,334,545
—
the
each cf the
on
business
413,097
273,480
deductions-
before
income-
Net
of $2 per
1948.
This
as compared
distribution
paid
2,949,421
446,409
'___
1948
BUSINESS—The
3*334,546
~i—
30,
*
par)—
share.
per
Carolina
.
1947,
and
-
income
(no
•»approximately 98%
Balance
-
based
assets
net
was
1947
Stratojet
unit paid during the current year,
and $4.10 in the preceding year.
on market quotations on Nov.
19,
per
year
portfolio
other
holders
to
income
SEPT.
OF
and
$4,766,349
income—
J.-L
i
*
Operating
AS
aggregated
$5,139,661
on
termi¬
$909,350 in 1946, of which $454,675 was paid Nov. 1,
$454,675 Feb. 1/1947; $1,864,025 in 1947, of which $454,675 v,
..was paid on each of the dates May
1, Aug. 1 and Nov. 1, 1947 and
$500,000 on Feb. 2, 1948; and $1,500,000 in 1948, of which $500,000
1948
depreciation—
Non-operating
cents
"date
$2.72
a
Provision for Federal taxes
paid the usual semi-annual dividend
l
interest
$4
the
total
•
Dec.
on
beneficial
50
$1,496,042
(550,000 shares)
1946
revenue
Provision
(The) Bond Investment Trust of America—Div.j etc.—
of
i
share
Operation expenses & taxes
expected
Interest
The
3_-_.
common
charter
-company's commcn stock by National Power & Light Co., company has
paid- regular quarterly dividends on its common stock at the rate of
Not
1795.
p.
12 Months Ended Oct. 31—
C-97 Stratofreighters and com¬
negotiation
are
contracts
for
under
additional quantities of B-50 and
B-54 bombers
bombers for the U. S. Air Force—V. 168, p. 2222.
unit
414,769
—
stcck
DIVIDENDS—Since
$775,690.
of
orders
Superfortresses,
Stratocruisers;
requirements.
original Carolina
Company's
indenture.
$7,539,481
1,910,811'
California Water Service Co.—Earnings—
being
of
revision
reflected
company
per
168,
costs
is in¬
statement
a
deliveries
current
an
the
$8,628,981
*
of
agreement
♦Unlimited, except by property, earnings, and other provisions of the
1948—12 Mos.—1947
$773,757
—
—
Earnings
The
1926.
1908.
an
2925.
mtge.
Common
Stated
—V.
24,
in
to
pursuant
Authorized
adjustment
Sept.
ended Sept.
quarter
examine
if
Month, '48
revenues
dividend
organized
was
Co.
Feb.
bonds, 3%% ser. due 1965
314promissory notes, due 1952 to '58
$5 preferred stock, cumulative (no par)
income
interim
company's
airplanes delivered under this contract
adjustment
is
largely
responsible
for
an
unfilled
B-50
the
30
the
all
to
quarter
company's
mercial
the
that
June
of
jointly
on
which
from
indicated
This
30.
third
Boeing
Consequently,
respect
Sept.
of
this
contract
statement
with
indicated
a
the
made.
principally
Net'
price redetermination clauses
certain number of airplanees
contain
the
to
the
"certain
and
statement for
income
through
Gross
1948 was $1,074,510.
30,
that
out
stated
completion of
upon
Pursuant
which
should
June
adjust
and
..."
respect
made,
pointed
government
that
government
with
President,
stockholders
to
with
incurred
ended
Preferred
provide
dicated.
———
the six months
Allen,
sent
contracts
which
for
Light Co.
April 6,
Power
dated
CAPITALIZATION
First
1899.
p.
Carolina
and
9J9.956
531,446
Period Ended Oct. 31—
Net
&
on
2,718,345
California Oregon Power Co.—Earnings—
15,563,6/3
$298,820
expenses
3,204,881
Co.
Consolidation
and
Power
1047
$71,404,956 $15,207,145
—_
___
3,812,572
income—
oper.
♦Deficit,—-V.
1943
30—
income
railway
railway—
from
Net
Boeing Airplane Co.—Earnings—
Power
merger
nates
irom
3
Co.,. Asheville
From Jan. 1—
♦After
(2319)
COMPANY—Company was formed in North Carolina, April 6, 1926,
through a merger and consolidation between Carolina Power & Light
Power & Light Co., Yadkin River Power Co., Pigeon
1948
irom
Net
'262,757
share
per
CHRONICLE
Burlington-Rock Island RR.—Earnings—
1947
1948
chgs.
alter
taxes
THE
lor
foreign
subscriptions
and
advertisements
must
be made
in
New
York
funds.
4
COMMERCIAL
THE
(2320)
COMPARATIVE
Thomas A. O'Hara, President, on Nov. 24,
ACCOUNT
INCOME
accordance
Inc.
65,014
140,218
1,924,640
1,653.832
taxes
231,858
208,001
2,905,408
2,436,285
converted
150,000
125,000
1,600,000
1,500,000
be
$447,992
$5,801,330
64,839
$5,321,693
45,875
$5,866,169
1,808,789
$5,367,568
1,747,465
Operating
Operating
Federal
Other
revenues
1,451,096
expenses
taxes
oper.
revs
$441,837
inc.
(net)
25,497
Other
$21,591,776
10,679,966
239
,
advisable
$448,231
154,489
141,292
Int. & other deduc. (net)
Balance
—V.
liabilities
dissolve
the
and,
corporation
corporation
the
of the corporation must be made from
the distribution of $7.50 per share and
liquidation is made.—V. 168, p. 740.
after
distribution
in
Central
N.C.—Files With SEC
Carolina Sales Corp., Greenville,
States
accounts
company
on
District
1944,
reserves,
V.
168, p.
Power
Corp.—Redemption
Light
&
Ended
Months
Three
Net
$6,539,539
860,108
343,600
162,900
$5,579,406
999,503
372,400
$250,631
*$627,103
360,000
State income taxes.—.—
$4,723,688
$522,508
after charges
Federal and
1946
1947
1948
30—
Sept.
sales
Income
360,000
$0.69
360,000
413,531
from
Net
Court
the District
for
with
The
of
Delaware, the company in November,
National Bank of the City of New
Chase
trustee
as
profit
-
outstanding
shares
ry.
gold
satisfaction
the
of
said
first
mortgage
interest on the bonds ceased 'to
♦Includes $37,700
$1.45
share
Earnings per common
gain
net
V.
sale of securities.'
from
and
$1.74
168,
Delaware, by
2222.
p.
Said
accrue
on
of
after Dec.
and
All
trust.
indenture
and
16,
Net income
$8,509,768
1,252,157
755,385
———
1686.
168, p.
and
Gross
from
railway..—__
from
Net
ry.
427,687
income—
177,267
acts
Court
29, 1947,
District of
the
for
bonds shall
such funds
necessary
rights of such persons to such funds shall
and Ogden Corp., its successors or assigns, shall
Bank
the
of
their
forward
interest
coupons
of
New
York,
Place.—V.
Exchange
166,
p.
City
with
bonds,
N.
1,
Jan.
308,661
673,200
430,004
481,738
Period End. Oct. 31—
Operating
From Jan. 1—
26,490,137
26,454,608
1,813,062
1,821,686
Net
from
Net
6,893,711
♦475,029
878,417
railway
railway——-
423,767
deprec
for
General
ry.
Operating
Prov.
expenses
Amort,
749,642
___
depreciation—
for
Int.
$1,211,707 $16,819,576 $15,437,296
7,317,556
8,646,854
621,586
$1,330,139
revenue
from
Net
ry,
sition
General
-
400,000
Income
taxes—J
•'Gross income
Bal.
$3,160,565
$3,285,643
46,913
562,960
562,960
764
764
9,169
9,169
Cr 1,405
Cr220,710
$173,275
$2,809,146:
$2,709,712
41,800
41,800
501,606
501,606
$136,185
$131,475
$2,307,541
$2,208,106
tive
25,023
334,938
268,500
on
\
stock
pfd.
46,100
$21,750
$351,921
$594,957
div.
13,092
13,092
157,102
157,102
require.—
pfd.
168, p.
809
112,084
179,248
23,176,277
20,500,302
25,501,437
4,830,941
3,093,585
1,259,152
6,516,234
1,758,424
316,346
*299,350
2,301,327
—
income—
168, p. 1900.
1948
ry.
1947
1946
1945
$975,132
$730,515
$707,059
$575,712
466,279
railway
278,983
230,609
134,180
railway
276,418
168,296
" 125,746
73,981
8,023,441
6,594,704
5,121,123
5.582,111
3,319,532
2,258,756
1,238,490
1,776,281
1,926,899
1,257,812
640,454
777,099
income
oper.
from
railway
railway
income
oper.
168,
1900.
p.
Chicago Indianapolis & Louisville Ry.—Earnings—
Gross
Net
/Net
1948
from
railway
railway.
from
1947
1946
1945
$1,734,225
$1,533,411
$1,243,211
258,787
458,879
263,958
83,146
238,797
72,734
75,399
15,853,743
3,259,503
12,588,810
9,221,250
9,862,446
1,937,595
977,691
2,843,695
1,471,714
income
oper.
ry.
Gross
from
24,230
*429,507
1,587,252
'
as
Net
from
ry.
is
estimated
above.—V.
$194,819
would
have
from the flood of June,
in determing
deductions
2004.
from
ry.
$849,733
149,810
income—
168,
p.
taxable
income
the
respec¬
643.
-
October—•
Gross
.
from
ry.
Inc.—Earnings—
1948
from
Net
railway
$744,977
$692,811
$635,367
Net
from
197,225
78,843
9,093
51,885
Net
ry.
87,850
*24,118
*89,139
♦42,968
8,651,000
1,643,933
7,794,116
1.318,511
6,687,928
6,878,932
386,060
920,198
652,427
302,938
*585,601
34,456
—V.
1946
1945
5,728,295
5,618,341
5 ,159,833
1,840,431
2,383,627
2,340,033
2 ,998,546
2,246,635
railway.— 212.289,356 189,405,919
income
oper.
$897,000
Gross
1947
$24,208,822 $23,048,164 $19 ,764,326 $20,055,676
railway.
From Jan.
1945
income—
1900.
p.
Chicago Milwaukee St. Paul & Pacific RR.—Earnings
had
accrued
1947 not been
for
1946
railway
1C8,
$437,855
1947
railway
oper.
railway
oper.
1948
from
Net
railway—
•Deficit.—V.
$8,658
$15,531
Centra! Vermont Ry.,
Net
...
211,302
From Jan. 1—
stk.
requirements—
October—
Gross
Balance
—V.
$2,252,575
314,857
26,943,143
railway
from
from
Net
income
1945
$2,355,911
240,044
railway
Deficit.—V.
247,600
57,400
$28,623
periods shown
3,801
4
1946
.
Chicago & Illinois Midland Ry.—Earnings—
1,917
n
Net
Dividends
1
1947
321,001 '
605,414
$1,155,240
$743,759
______
after
available
St
expense
26,082,796
1—
oper.
ry.
$1,157,157
•Represents the tax which it
the costs and expenses resulting
disct.,
deductions
Other
$219,548
$177,985
and
prem.
ry.
from
26,095
income
stk.
Pfd.
46,913
debt
from
Net
Net
1,805,900
Cr25,565
debt
of
Net
Net
-
23,331,205
$2,521,833
$2,897,251
income
oper.
from
Net
000
8,500
1,942,587
From Jan. 1—
$200,098
—
long-term
on
Amortiz.
ry.
3,460,798
$744,259
charges
div,
Int.
26,452,249
1948
railway
railway
From Jan.
"i 366,831
416,075
444,572
1,318,198
33,300
227,274
Net
Gross
387,179
Dr 69
deduc
2,833,926
164,007,723 209,082,045
48,596,752
85,942,705
68,071,503
27,486,857
income—
from
4,652,554
$46,773
taxes
•Special
400,000
(1,503,556
|1,726,100
33,300
230,850
)
income
other
&
Net
taxes
Federal
60,952,683
railway
from
Gross
Z>rl24
income
6,856,268
Chicago & Eastern Illinois RR.—Earnings—
Net
■
of
plant acqui¬
adjustments
3,060,531
October—
$5,398,944
$6,228,064
$63,218
inc.—r.et
3,278,251
200,513,099 178,996,707
railway
oper,
Net
1948—12 Mos.—1947
$46,842
1945
5,742,648
168, p. 1900.
Gross
1,310,000
1,382,500
110,000
116,250
$63,342
6,563,675
October—
Gross
1948—12 Mos.—1947
1943—Month—1947
Period End. Oct. 31—
37,748
——
inc.__
oper.
Non-oper.
Central Illinois Light Co.—Earnings—
Gross
33,937
taxes
1946
7,051,703
income
oper.
1947
1 $22,440,395 $20,829,148 $17,788,434 $19,561,712
railway
railway-.
from
Net
—V.
—V.
Net
295,852
October—
4,273,083
from
from
700,767
♦91,183
From Jan. 1—
Gross
attached, to The Chase
Y.
Presentation should
$483,381
363,706
31,351
41,482
$558,794
expenses
Prov.
32,354,877
4,140,350
Net ry. oper. income—
1,619,607
♦Deficit.—V. 168, p. 2004.
Net
134,597
221,895
1796.
p.
1948
from
Gross
1991.
1948—Month—1947
revenues
Operating
31,493,165
Gross
563,045
359,255
1945,
Central Vermont Public Service Corp.—Earnings—
$3,041,630
784,727
railway
oper.
Net
1947.
all
1950,
determine,
43
—
income.—
37,066
Chicago Burlington & Quincy RR.—Earnings—
Gross
$2,795,569
41,748
oper.
at
3,453,330
1946.
$312,165
38,479
.
1—
railway
October—
by order dated July
District
S.
1945
1946
$2,859,509
276,605
$3,274,196
railway
from
Net
be
1947
1948
all
17,
deposit, holders should
subsequently maturing
National
Central of Georgia Ry.—Earnings—
October-
the SEC,
U.
be entitled to such funds free of any claim or lien with respect thereto.
In order to receive payment of unpaid principal and interest now
on
—V.
and
cease
Dec._31,_47
$9,598,397
—
24,822
3,103,095
1946
$315,919
19,608
1944.
provides that, if any holders of
to secure possession of
amended,
as
done
prior to Dec.
Aug. 31, *48
12 Months Ended—-
Operating revenues
the
by
order dated Dec. 3,
plan,
have
not
Co.—Earnings—
Central Arizona Light & Power
.
approved by
was
approved
was
21,062
3,751,215
income—
oper.
ry.
amendment to said plan now makes provision for the time when
rights of holders of bonds to such funds shall expire.
The plan,
amended,
as
*9,371
4,244,993
railway—
from
Net
company
the
1047
$376,198
railway
From Jan.
Gross
An
Net
Common
from
Net
Ry.—Earnings-
1S48
$412,012
55,112
22,907
October—
Gross
the
the
under the first mortgage and indenture of trust of
dated Jan. 1, 1928, securing the first mortgage and first
bonds, 5%%
series, due 1953, fund sufficient to pay the
unpaid principal amount of the bonds, together with interest thereon
up to Dec. 16, 1944, in full payment and discharge of the bonds and
the
lien
1796.
Charleston & Western Carolina
plan of this corporation filed under the provisions of
Public Utility Holding Company Act of 1935 and
Securities and Exchange Commission and the U. S.
a
of
by
deposited
York,
Carpenter Steel Co.—Earnings-
Net
to
11
approved
inven¬
stock, $3,500,000; preferred stock, $500,000;
$439,551; notes payable, $200,000; accrued wages,
$1,146,815; surplus, $4,057,629; total, $10,009,427.—
payable,
$165,432;
♦Deficit.—V. 168,
Pursuant
Section
Nov. 18 filed a letter of notification with the SEC
sinking fund notes, due 1958. Underwriter, Kirchofer
& Arnold
Assoc.ates,
Inc., Raleigh, N. C. Proceeds will be used to
retire bank loans and for additions to working capital.
The
$1,668,092;
$10,009,427.
Funds—
for $295,000 of 5%
receivable,
tories, $2,714,027; land and buildings, $1,739,964; machinery and equip¬
$2,192,704; patents, $38,619; deferred assets, $150,071;
total.
Net
$2,839,663
>3,276,940
1796.
1948
SEPT. 30,
accounts
ment
expenses
remaining
final
a
of
assets
further
and
balance
the
$1,505,859;
LIABILITIES—Common
1948, the directors determined that it would
Nov. 22,
on
to
consist of cash equal to
approximately $8 for each share of stock outstanding, but appro¬
priate provision for the cost of dissolution and for any unascertained
780,440
ASSETS—Cash,
cash.
present
before
-
—
168, p.
and
approval
13,- 1948.
The
$3,620,103
$4,057,380
780,440
$312,845
$306,939
stock for the period -
income
Net
Dividends applic. to pref.
the
adopted a resolution au¬
thorizing (subject to the approval by the stockholders of the dissolution
of the corporation)
a
distribution in liquidation of $7.50 per share
on
the $1 par value capital stock outstanding, payable on or after
Dec.
$467,334
income
Gross
into
Accordingly,
Property retirement res.
appropriation
Net
$1,983,286 $25,536,389
13,305,011
1,062,075
$2,339,805
—
with
BALANCE-SHEET,
said in part:
authority granted by the
stockholders at special meeting held on Aug. 12, 1948, the stock and a
certain note of Gasconade Power Co., held by the corporation were
sold and as a result of the sale all the assets of the corporation were
In
1948—12 Mos.—1947
1948— Month—-1947
Period End. Oct. 31—
Monday, December 6, 1948
CHRONICLE
FINANCIAL
&
1—
from
16S ,041,311
193,295,291
38,375,967
36,043,072
21 ,603,239
42,697,503
13,536,184
railway
13,106,305
9 ,627,947
23,749,869
income
oper.
168, p. 2005.
From Jan. 1—
Central
RR,
ommends
Co.
Plan
of
New
Jersey—ICC Examiner Rec¬
Modification
Submitted
Be
to
J.
V.
Walsh
has
recommended
that
ICd
the
The
Reading
Co.,
common
parent,
stock
157,840
owns
shares
and
$186,000
Central holds
shares
of
the
examiner
also
recommended
that
the
connection
with
Walsh said that the
the
initial
period
the
The plan provides for
will
create
value
of
a
$50
class
a
election
of
the
outstanding
class of
new
a
and
A
a
class
is
be
voted
by
stock,
common
each
U.
EARNINGS
FOR
and
Net
YEAR
1948—Month—1947
$3,703,387
TO
$3,278,404 $35,760,152
♦568,835
♦2,661,618
240,540
214,331
*$143,340
_„
11,614,812
2,145,409
large deficit for
$9,307,225 to the
—V.
168, p.
the
1948
Central
was
State of
RR.
caused
New
of
New
primarily
Jersey,
by
a
pointed
payment
out
Operating
in
June
of
Jersey in settlement of back tax claims.
♦Net
ry.
1948—Month—1947
$1,785,840
income
oper.
$1,644,877
875.182
Gross income
876,642
Deducts, from gross inc.
408,079
$468,563
6,618,107
710,302
507,959
4,077,319
4,664,934
$202,343
$4,725,920
$1,992,209
6,657,143
for
Common
Federal
1796.
.
Edison, Inc.—To Dissolve—Plans Pay¬
per Share—
Liquidation of $7.50
stockholders
on
Dec.
10
will
*Corp?ration and on aPProving
~\rJ™orf to complete the liquidation
trioute to
ment
or
MONTHS
income
consider
a
proposal
to
dissolve
resolution
authorizing
of the corporation and to
the stockholders,
pro rata, the assets remaining after
provision for debts and Liabilities of the
corporation.
a
the
dispay¬
Brennan
34,840,973
7,887,870
17,993,654
has
been
ENDED
SEPT.
and
to
Editor
Zirbes,
department
director
of
Press
Relations
Acting
his
Publicity
as
abovementioned
has
since
duties
other
the
of
26,
been
in
the
Manager,
publication.
employ
of
the
Mr.
Public
Brennan
Relations
1942/
Co-Paying Agent for Certificates—
due
equipment
1948
30,
appointed
8,000-mile
addition
dividends
'
to
$73,126
July
trust
1,
Wall
St.,
York,
New
N.
Y.,
has been
agent for payment of principal and
and subsequently, on the $4,590,000 2Va%
certificates, series A, due semi-annually Jan. 1, 1949
Jan.
1,
1949,
1963, inclusive.—V.
168, p. 2116.
Chicago
The
2,123
$61,596
2Ya%
Trust
connection
share—:
$56,737;
investments
accrued
cash
at
bond
Nov.
Co.,
16
trust
trustee,
as
with
authorized
guarantor,
the
in
the
and
sold
procurement
to
company
respect
certificates,
of
not
assume
exceeding
obligation
$2,100,000
at
be
issued by the Northern
99.46 and accrued dividends in
of
certain
to
new
equipment.—V.
168,
1900.
Chicago & Western Indiana RR.—Partial Redemption
$0.18
sale of investments of
BALANCE SHEET, SEPT.
$36;
on
200,000
There have been
$30,702.
of
ASSETS—Cash,
Omaha Ry.—Equip¬
$13,051
—
outstanding
common
Paul Minneapolis &
liability, as
equipment
49.919
p.
shares
ICC
24,728
.
St.
ment Trust Certificates—
9,407
tax
paid
paid
cost
interest
restricted
(quoted
30,
1948
(preferred stock purchase
market value, $1,317,230),
receivable,
$875;
first
due
prepaid
Bankers
p.
called for redemption as of March 1, 1949,
$438,000
mortgage 414% sinking fund bonds, series D,
1962, at 100 and interest. Payment will be made at the
Trust Co., trustee, 16 Wall St., New York, N. Y.—V.
167.
and
Sept.
refunding
1,
2484.
insurance,
total, $1,600,186.
preferred
$20,000;
stock
for
($50
surplus, $877,885;
taxes,
$3,101;
par), $699,200;
total,
4%%
cumulative
common
$1,600,186—V.
168,
stock
p.
con¬
(10c
Mos. End. Sept. 30—
for
Federal
EARNINGS
Operating
Operation,
1579.
General
1946
$1,803,208
MONTHS
ENDED
SEPT.
and
30,
$878,009
$599,930
$2,310,216
611,119
286,618
175,549
1,136,667
195.000
123,751
138.009
637,100
$467,640
$286,422
administrative
traffic
expense
5,665,427
expenses-
546,008
653^323
Net income from
Other
1948
$7,418,570
and
1945
—$997,089
deductions
operations
$553,812
(net)
3si385
69^000
$536,449
.
dividends
17,500
17,500
17,500
17,500
140,000
dividends
Surplus for period
NOTE—Net
NINE
maintenance
140.000
140,000
140,000
Provision
Net
for
Federal
income
$839,589
for
the
nine
$310,140
months
$128,922
ended
Sept.
$378,949
30,
1948
is
equivalent to $6.93 per common share as compared with $3.15 in the
corresponding period of 1947, based on 140,000 common shares out¬
standing.
and
State
income
II
taxes
income
$449,427
Common
shares
Earnings
Common
FOR
revenues
Depreciation
1947
taxes
profit
Preferred
1948
Chicago & Southern Air Lines, Inc.—Earnings—
par),
Chapman Valve Manufacturing Co.- -Earnings—
Depreciation
Central States
E.
road's
been
Mr.
$1.66
.-
dividends
Earnings per
Prov.
19,484,457
6,688,555
Halsey, Stuart & Co. Inc., 35
designated to act as co-paying
♦Deficit
9
22,637,006
8,579,351
system and T. J. Zirbes, Jr., as Press Rela¬
Editor of the company's employee maga¬
the "Rock Island Lines News Digest."
In
1,619,999
$2.71
_
Preferred dividends
Net
ment in
$2,759,528
1,619,999
$17,509,775 $14,990,114
8,758,367
8,803,239
133,895,940 143,210,027
24,704,260
2005.
p.
Assistant
zine,
1,011
Operating profit
-V. 168, p.
$4,450,957
$2.95
the
tions
has
1,620,699
"
...
income
vertible
1948—10 Mos.—1947
705,941
_
Net income
99,750
300,000
._
fund),
162,390,758 145,511,881
income
Chicago, Rock Island & Pacific RR.—Appointments—
1,857,136
NINE
LIABILITIES—Reserve
Pennsylvania—Earnings—
revenues
93.844
3,132,880
___.
$1,541,910;
Central RR. of
87,937
3,205,136
.
railway
$72,115
Expense
$627;
Net
FOR
the
1900.
Period End. Oct. 31—
__
conting.$4,843,040
Moore, President of the Central RR. of Pennsylvania and chief
of
$4//l6,414
$7,977,681
(est.)__i
taxes
for
•Before profit from
•
,
railway
William
.
$8,136,113
Total
*$362,167*$11,374,272 *$2,283,657
>
officer
150,410
*138,248
218,498
♦Deficit.
executive
$4,566,005
331,577
earned
Common
T.
debentures
inc.
reserve
income
Interest
$31,073,910
•3,625,503
*147,836
Deducts, from gross inc.
E.
fund
Can.
to
Provision
75,158
ry. oper. income
Gross income
income
$7,646,104
298,898
—_
EARNINGS
DATE
•173,498
Net
Net
$7,846,215
Chain Store Investment Corp.—Earnings—
1948—10 Mos.—1947
1945
20,641,500
Dividends
.
OCTOBER AND
skg.
on
S.
1946
■___
1—
oper.
168,
and
4
revenues—__
27,495,720
par
by classes."
Period End. Oct, 31—
Operating
31,077,090
(net)
Common shares outstanding
Earnings per common share.
—V. 168, p. 844.
appear imprac¬
it might result in the control of the board of directors
member, the examiner said.
However, he urged that the
Commission require the plan to be amended so that cumulative
voting
is provided "after the expirat on of the initial
.period during which
voted
ry.
.
share.
be
deprec. & deplet.
from
Net
—V.
admin,
income
Approp.
since
stock will
selling,
profit
income
Total
Int.
oper.
from
Net
1946
$35,141,825 $25,207,505
for
by a single
the
sold,
exps.,
Operating
During this init al period, cumulative voting "would
ticable"
gen.
Other
This
a
$38,923,305
goods
of
and
classes.
with
ry.
1947
$17,880,220 $16,761,824 $15r482,411 $15,279,200
3,259,736
3,565,729
* 3,431,030
' 8,240
inco/ne—
1,037,668
1,246,051. . 2,134,765
t
842,305
From Jan.
Gross
1947
1948
sales
Cost
"not later
stock to be created.
common
B
to
Net
1:
railway
railway
from
"
Nine Months Ended Sept. 30—
Net
for the company, Mr.
cumulative voting during
any
stock
common
■
1943
from
Net
(including Wholly Owned Subsidiaries)
directors
Reading Co. opposed
when
Chicago & North Western Ry.—Earnings—
October—
Certain-teed Products Corp.- -Earnings—/
'
than 15 days prior to Aug.
2, 1949," certify for the Commission as
to the percentage of each class of holders of affected securities out¬
standing.
For the purposes of this provision, "securities held by the
applicant and the Reading Co. shall not be deemed to be outstanding."
In
.1796..
p.
,
!:
the
Jersey Central
168,
the
standing bonds. The Jersey
an
general mortgage bonds in its treasury.
According to terms of the recently enacted Mahaffie Act, which
permits voluntary adjustment of
debt
by railroads, the assent of
holders of 75 % of each security affected is
necessary before a secu¬
rities modification plan can become effective.
The
Income
•Deficit—V.
submit
$48,000,000 of out¬
additional $1,267,000 of
of
railway..—
railway
oper.
Gross
plan for modification of securities of the road, to all holders of general
mortgage bonds and common stocks "except the applicant and the
Reading Co." for their approval.
274,368
from
from
Net ry.
Except Central and Reading, for Approval—
Examiner
Gross
Net
Holders,
per
outstanding
5091326
share
$0.88
common
NOTE—Company is entitled to loss carry-forward benefits in
of
approximately $362,000 under the provisions of the Internal
enue
Code, and this amount has been deducted from income in
puting the estimated Federal income taxes for
1948.
Sept. 30,
the
nine
months
1943
Rev¬
com¬
ended
Volume 168
THE
Number 4757
BALANCE
SHEET, SEPT. 30, 1948
■
traffic balances and de¬
posits payable, $432,303;
accrued Federal and State income taxes,
$69,000; other current and accrued liabilities, $33,884; Unearned transporation
revenue,
$113,583;
capital stock
(issued and outstanding
509,326 no par shares), $4,893,645; deficit since May 23, 1938, $78,795;
total, $5,999,213.—V. 168, p. 2116.
LIABILITIES—Accounts
payable, $535,593;
John
the
L.
his
that
Childs
elected President, effective Jan.
1,
Chairman „of the board of the
has been
resignation
as
Co., Inc. becomes effective.
It had been announced in
E. C. Field had resigned as President and a director
Statler
August
of
Hennessy
after
day
Hotels
Co.—V.
168,
2005,
p.
October—
Gross
Redemption
Ventas de Salitre y Yodo de Chile)—Partial
called
been
have
redemption
for
Net
ry.
tures.—V.
will
debentures
drawn
168,
redeemed
be
sterling
in
1900.
p.
77,449
83,163
36,471
40,266
51,039
21,715
2,244,221
1,668,769
1,111,258
1,273,404
969,510
702,843
349,620
408,953
Nov.
27
230,009,000
556,434
332,774
193,660
Nov.
20
243,189,000
218,470,000
231,586,000
ry.
railway
railway
from
Net
—V.
13
240,200,000
230,680,000
6
237,201,000
225,632,000
34,800
income—
oper.
168,
•
the
at
revenues
Oper.
and
1948—3 Mos.—1947
1948—12 Mos—1947
$11,811,485 $10,214,054 $52,591,614 $46,296,216
General
—
7,956,094
745,320
—_
6,875,343
742,907
32,998,260
3,319.108
27,977,071
3,063,362
960,359
maintenance
822,562
3,477,160
621,390
508,114
4,195,451
3,212,276
3,906,308
$1,528,322
$1,265,129
$8,601,634
$8,137,198
40,404
5,788
49,968
22,482
—
$1,568,726
$1,270,916
chgs.
351,694
313,310
$8,651,602
1,167,416
$8,159,681
1,277,971
taxes
taxes
Federal income
Net operating revenue
Other income
Gross income
Int. &
__
fixed
other
$957,606
$7,484,186
270,000
270,000
1,080,000
Broadcasting
System,
Inc.—Acquires
Sports Promoting Firm—
Stock Interest in
$947,032
Balance
—V.
168,
$687,606
$6,404,186
$5,801,710
'
1039.
p.
1948
October—
Gross
from
Net
from
Net
in
the
transactions
Frank Stanton,
was
1,048,573
1,068,175
612,893
railway
607,088
from
Net
899,513
456,481
__
President of Columbia,
be
able
enhance
to
radio
and
considerably its
ry.
—V.
railway....
33,363,542
23,519,295
9,112,691
5,052,939
28,734,223
9,745,455
3,603,779
5,793,241
6,862,555
3,131,062
1900.
168, p.
of
professional
In
Lawrence
to
$31,568
income
Net
officers
other
—V.
168,
and
1948—10 Mos.—1947
from
V
-
directors
records,
Time
etc.
share
per
record
the
on
10,
Dec.
each
ehare
declared
24
Nov.
Rate Increased—
quarterly
a
168,
of 75
dividend
common stock, payable Jan. 1,
1948.
Previously, the company
quarter.—V.
disct.,
allows,
Oper.
and
and
cents
INCOME
___________
Operating expenses and taxes
for
Oct. 4,'47
adm.
Gross
Misc.
Net
65,581,008
2,915,169
29,250,943
1,403,730
36,330,065
1,511,438
income
operating
Fed.
income
Total
Income
37,841,503
;
•Special charge
5,933,654
8,979,799
19,976,576
3,702,000
,
68,496,176
12,061,692
20,595,605
121,083
30,654,673
6,128,038
11,615,806
121,083
15,741,220
$5.39
taxes
Net
income
Number
capital
shares..:
...
$4.25
Earnings per share
to
—_
35,717,796
3,702,000
$9.64
3,702,000
•Equivalent to estimated reduction of Federal income taxes applicable
call premium
and other costs on retired debentures charged to
surplus.
On
32,084,780
11,568,325
9,654,557
30.
June
1948, current assets amounted to $268,610,607 and cur¬
were
$116,693,133, comparing with current assets of
$239,982,495
and
—V.
2116.
168,
p.
liabilities
current
of
Cleveland Graphite Bronze
Period End. Sept. 30—
•Net
$6,833,781
shares
•After charges
ICC
The
1947.
Co.—Earnings—
1948—9 Mos.—1947
$5,G66,768 $20,330,953 $23,826,259
363,192
1,676,508
2,443,30.9
643,840
643,340
643,840
$0.87
$0.51
$2.48
and taxes.—V.
Clinchfield
Louisville
31,
Dec.
643,840
outstcig.
Earnings per com. sha'-e
•
on
586,620
profit
Common
$105,891,674
1943—3 Mos.—1947
Sales
p.
$3.66
,
2116.
919,314
614,673
617,594
$6,233,515
Net
inc.
344,934
279,017
211,163
$4,908,446
$5,945,860
$6,512,532
class
Comb,
shares
2,285,000
granted
16
the
Atlantic
$3,660,860
$3,997,532
$3,234,247
$3,010,446
t$3,660,860
$3,997,532
$4,271,261
1,717,352
1,717,352
Coast
Line
and
RR.
the
field RR. 2%%
serial equipment-trust certificates, series C, to be issued
by the United States Trust Co. of New York, as trustee, and sold at
99.217 and accrued dividends in connection with the procurement of
new
equipment.—V.
and
$2.13
B
•From
the
disposal
of
station
radio
after
WBT
contingency provision for possible Federal taxes
of $181,265 in 1947 of color television facilities
Federal
of
Communications
television
tax
Commission
authorization
reduction
$181,265
from
(after
attributable
The
directors
at this
in
the
current
From
paid
V.
on
Nov.
time
oy
30
omitted
the $1
par
action
Oct.
10,
regular
168,
p.
quarter
the
on
value common
taken primarily to conserve cash in
view
and the general uncertainty
1947,
quarterly
to
and
including
by
registration statement
a
of
common
Cohn,
Harry
dividend
Oct.
11,
ordinarily
This
action
$350,000
of
17J/2
cents
1948,
on
the
Jack
stock
(no
OctoberGross
issue.—
from
Net
ry.
railway
railway
sales
of
and
168, .p.
and
Cohn
SEC
to be sold publicly at
members
of
family.—V.
their
oper.
from
Net
from
Net
ry.
—V.
income
1946
1945
railway
other
168,
and
interest
$6,419,159
—81,178,149
16,665,355
3,253,351
3,608,665
$6,719,448
'i
419,082
-
$4,790,600
$594,429
$7,597,308
$7,138,530
railway
oper.
income—
2,350,000
2,250,000
1,526,328
424,682
207,943
and
Interest
income
tax__
258,000
653,973
664,169
dividends
$902,405
$4,822,626
1,612,218
$4,680,587
1,612,218
$3,747,538
1,612,218
Earnings
outstanding—
share
•
in
197
per
1948,
profit
$218,499
of
$2.32
$2.90
$2.99
.
depreciation, depletion and amortization of $1,867,in 1947 and $1,965,514 in 1946.
Uncludes
sale of securities.
SIncludes nonrecurring income
$2,006,177
$914,795
Preferred dividends declared—
Bal.
—V.
divs.
for com.
168,
and
54,000
on
CONSOLIDATED
BALANCE
SHEET, SEPT. 30,
Consolidated Edison Co. of New York,
The
$6,478,782;
accounts, $2,403,943;
taxes, $580,000;
minority interest in subsidiary companies, $2,043,360;
capital stock
(outstanding,
1,612,218 no par shares), $21,849,354; earned surplus,
$18,717,696; total, $48,605,101—V. 168, p. 1692.
LIABILITIES—Accounts
U. S.
and
and
payable
accrued
foreign income taxes, $3,010,748;
W.
Metcaif,
has purchased
delphia, Pa.
pany
reserve for
President,
control
on
of
the
Y.—Acquisition—
30 announced that this com¬
Nov.
Edwin
H.
Fitler
Co.
of
Phila¬
company
Dec.
on
generated
1
13,079,441
4,144,047
645,550
396,830
228,477
2,045,763
Inc.—Output—
the System' output of
announced
purchased)
and
for
the
week
electricity
ended
28,
Nov.
amounted to 211,400,000 kwh., compared with 212,000,000 kwh.
for the corresponding week of 1947,
a decrease of 0.3%.
Local dis¬
tribution of electricity amounted to 200,300,000 kwh., compared with
198,300,000 kwh. for the corresponding week of last year, an increase
1.0%.—V.
of
168, p. 2224.
^
i*
Consolidated Vultce Aircraft Corp.—Sells Stinson Div.
See
Piper Aircraft Corp.
below.—V.
Continental Baking Co.
168,
1797.
p.
(& Subs.)— -Earnings—
—39 Weeks Ended—
—13 Weeks Ended—
Period—
Sept. 25/48 Sept. 27/47 Sept. 25/48 Sept. 27/47
$
sales
Cost of
Cost
of
ing expenses
$
$
118,259,723 109,788,925
26,006,993
81,370,647
77,480,703
8,108,359
7,466,324
23,907,867
21,921,547
;
36.609,027
440,176
342,997
1,234,563
1,003,199
774,802
admin.
and
$
39,929,107
27,062,439
goods sold
delivery & sell-
Depreciation
Advertising
1,180,891
213,505
2,186,770
683,614
2,737,787
701,569
229,028
exps._
Fund
200,000
Operating
Profit
V.
167,
p.
said
Metcaif
both
companies
Gross
from
Net
ry.
Gross
would
continue
to
income
1—
from
from
1946
1946
$173,401
$146,426
$194,237
53,877
"433
70,230
43,195
♦12,238
23,793
railway
income—
Profit
Commercial
before
profits
Net
1,643,031
239,461
129,639
1,388,661
1,403,177
1,396,626
4,182
158,292
201,600
♦96,980
23,571
48,569
1796.
3,234
81,155
35,961
157,588
458,314
1,674,618
8,668,238
6,153,665
116,138
349,473
351,005
1,019
Cr9,956
9,940
wheat
of
■
Total
deb.
22,503
349,364
38,765*
;
sale
on
3,153,727
Int. and amortiz. of 3%
issuance
.
121,221
expense
redemption
on
of 3%
debentures
Fed.
tax
1,144,375
585,100
3,140,975
2,180,715
Amortization of goodwill
for
50,000
50,000
150,000
150,000
Prov.
inc.
Net income
1,838,131
922,362
5,037,745
3,462,005
10.915,328
7,173,888
8,950,758
5,869,291
12,753,458
8,096,250
13,988,504
9,331,296
348,666
348.666
1,045.997
stock-
268,857
268,857
806,572
1,045,997
806,572
surpl, at end-
12,135,936
7,478,727
12,135,936
shares outstdg.
1,075.429
1,075.429
1,075,429
7,478,727
1,075,429
$1.38
$0.53
$3.71
$2.24
Earned surplus at begin.
$5.50 div. cum.
on
Divs.
common
on
Earned
Common
Earns,
.
stock
preferred
share-
com.
per
Extra Distribution—
Dec.
On
1948
25
of
holders
the
1,
directors
cents
50
cents
record
of
declared an extra dividend for the year
share and the regular quarterly dividend of
the common stock, both payable Dec. 27 to
per
share
per
on
Dec.
10.—V.
138,
1253.
p.
Continental Copper & Steel Industries, Inc.—Merger—
Continental-United
See
Industries
Co.,
Inc.,
below.—V.
168,
p.
940.
Continental-United Industries Co., Inc.—Merger Voted
and
was
announced
of-
Dec.
on
Steel
American
of
consolidation
the
&
1
the stockholders
that
Copper
two
Industries,
companies
Copper & Steel Industries, Inc.
Fed.
taxes
and
taxes
(& Subs.)—Earnings—
1948—3 Mos.—1947
$1,685,161
$3,318,310
Brewing
under
of
this
company
Inc., have approved the
the name of Continental
See V. 108, p. 940.
1948—9 Mos.—1947
$7,039,543 $10,157,860
ex¬
593,300
1,238,900
2,734,100
3,940,300
$1,091,861
$0.41
$2,079,410
$4,305,443
$6,217,560
$0.79
$1.63
$2.36
2,636,878 shares of common stock.—V. 168, p. 1040.
Co.,
Facilities—Proceeds
Inc.—To
Be
to
Used
to
Sell
Beer Making
Buy Part of Out¬
standing Stock—
The
corporation
concentrate
A
and
Purchased
will
stock
B
are
Feb.
until
to
to
sale
be
of
28,
new
beer
beer-making
and
other
facilities and
beverages.
equipment, together with
part of the outstanding
at not, less than $2.75 a share.
The offer is extended to stock¬
and
purchase
to
company
The
$2.75
its
plant
concelled.
1949.
the
of
the
used
be
of
dispose
of
the
to
accept
the
to
distribution
the
shares
choose
plans
the
on
from
funds,
treasury
class
not
Solvents Corp.
profit
•Earnings per share
•On
4,185
futures
holders
163, p.
Period End. Sept. 30—
cess
659
5,644,871
14,519
plant & equip¬
Proceeds
i
railway___
oper.
1947
$190,415
12,630
1,822
railway
raliway
Jan.
ry.
299,250
8,426,262
received
on
Cooper
1948
oper.
Net
450,000
1,298,567
648.
from
Net
99,750
3,114,304
profit
ment disposed of dur¬
It
function
separately. He explained that the major reason for the purchase was
to
strengthen Columbian's position in the manila rope business.—
Colonel
Federal income
1,173,351
54,000
$854,466
.
1948,
Divs.
1948
marketable securities, at cost (quoted
market value $1,063,404), $885,789;
accounts receivable (less $34,095
reserve),
$3,469,009;
inventories,
$5,541,797;
investments, at cost,
$2,847,218;
notes,
accounts
receivable,
etc.
(less $23,407 reserve),
$346,355; properties, plants and equipment, at cost (less reserves for
depreciation, depletion and amortization of $40,306,516), $28,382,463;
patents, goodwill, etc., $ 1; ,v,deferred charges,
$653,687; total, $48,605,101.
234,985
1,758,191
$860,795
$908,466
54,000
$848,405
surplus..
Total
Profit
2,135,993
676,254
,
940.
p.
(electricity
$686,016.
461,377
40,086
322,000
362,000
charges
other
before
Balance
111,163
——
201,643
for Federal
Provision
Premium
profit
Capital shares
305.151
168, p. 1796.
192,287
$5,385,029
(est.)
earnings.
taxes
in
Net
295,497
9,130,213
107,959
123,803
404,796
sion
20,232,840
3,592,122
—___
foreign
and
S.
$1,321,761
95,265
640,877
-
—
408,898
Interest
exps
gen.
income—
Total
U.
$1,084,058
10.081.049
$3,365,322
539,809
279,117
339,430
ing period
income
$1,193,152
117,445
1946
512,372
174,213
1946
$31,394,497 $30,560,953 $24,709,306
operating
profit
(net)
•Operating
Other
$1,306,323
11,434,700
1947
$3,435,598
562,033
279,450
transferred
1—
From Jan.
Gross
1948
$3,840,113
1947
1948
21,383,216
admin,
Selling,
"
1S47
Wash.
137,327
commercial
representing
the transfer
1796.
Ry.—Earnings—
1948
from
Net
Spokane,
Inv.,
earnings
Gen,
•Deficit.—V.
Colorado & Southern
Favre,
276,600
for
$111,098
filed with the SEC covering
market
was
par)
expenses
From
company
this
capital stock.
Contribution to the Pen¬
of business.
each
statement with the
The offering price
registration
a
($1 par)
power
offset by
Columbian Carbon Co. (& Subs.)—Earnings—
declining earnings
1359.
share,
per
Depreciation
of
1359.
p.
Net
dividends
Murphey,
Purchased
Net
October—
stock.
of the
22, filed
Nov.
on
expenses
tA write-off
denial by
result
petition
was
contingencies,—V.
for
reserve
of
deducting
thereto)
deducting
thereon.
as
Columbus & Greenville Ry.—Earnings
was
company
Operating
$2.49
Columbia Pictures Corp., New York—Files With
24
to $9
amounted
2224. "*
p.
9 Months Ended Sept. 30—
•
_
168, p. 2005.
Clopay Corp.—Omits Common Dividend—
declared
168,
1,717,352
$1.75
1,717,352
$2.33
1,037,014
Columbian Rope Co., Auburn, N.
authority to assume, jointly and severally,
obligation and liability in respect of not exceeding $1,320,000 of Clinch-
certain
3,145,000
$3,010,446
outstdg.
Col. S.
Nashville RR.
&
the preferred stock in 1948
on
covering 200,000 shares
Gross
1,790,000
2,515,000
■
period-.
A
payment
share will equal the net asset value plus a distribution charge of
8%%
of the selling price, or about 9.29%
of the net asset value.
$8,169,247
1,898,000
opers.
for
the
preferred
$2,161,870.
The
SEC
$7,958,084
♦Extraordinary gain
-
RR.—Equipment Trust Certificates—
Nov.
on
168,
26,797,796
7,855,044
$5,600,926
taxes-
ASSETS—Cash,
•
liabilities
rent
19,818,413
36,576,869
taxes
inc.' from
authorized
1
Composite Bond and Preferred Stock Fund, Inc., Spo¬
de¬
•After deducting
Net
18,248,499
808,128
taxes
profits
exc.
Dec.
on
on
its outstanding
Dec. 10, 1948.
The total
and
misc.
income
Fed.
19,891,439
$4,510,322
Fed.
Commission
dividend
record
Connecticut River Power Co.—Earnings—
Sept. 29/45
398,124
bef.
Minority
Interest, amortization, etc
Sept. 28/46
11,737,368
exps.
ductions
Inc.
$1.50
Taxes, other than Fed. income tax
,w—,
less
Exchange
a
to holders of
compared with $12 in 1947.—V.
Distributor,
of
profit
inc.
be
and
pay
3
Maintenance
20,369,617
deprec.
Authorized—
to
Jan.
on
Payments
39 Weeks Ended
33,479,371
&
gen.
Cost
157,329,857 142,548,049 299,877,906
120,999,792 113,297,109 234,296,898
Other income
ACCOUNT
Ended
agency
cost
corporation
1948, amounted to 329,259,168 as
corresponding week in 1947, an
25,
the
for
7.96%.-
per
returns,
amortization
6 Mos. End.
Mar. 31, '48 June 30, '48 June 30, '48
„:
:$
$
operating income
Nov.
304,983,680
40 Weeks
Nine Months Ended Sept. 30—
3 Mos. Ended——
Gross
of
'
goods sold
Provis.
to holders of
50 cents per
1949
paid
(& Subs.)—Earnings—
Period—
CBS),
Corp,
'
Sales
Cities Service Co.
of
Music
$70,904,806 $74,556,873 $66,836,024 $63,046,931
discts
and
exps.
Sell.,
2116.
p.
ended
week
24,275,488 or
are
of
——__
comm., record
On Nov.
on
sale
Executive
of
C.
of
facilities, talent, lines,
1,414 shares
The
both
$549,475
$281,662
$96,849
C. I. T. Financial Corp.—Dividend
General
T.
new
(Vice-President
Miller
Ended
inc.
Gross
the
Charles
39 Weeks
1692.
p.
of
(Vice-President
and
CONSOLIDATED
11,577,158 103,615,738 108,692,267
10,478,239
passengers....
the
with
Securities
The
will
Kletz,
America), Treasurer. %
income
1948—Month—1947
for
compared
stock
Output—
kane, Wash.—Registers With SEC—
Mr.
Lcrwman
Vice-President;
color
Revenue
events
sports.
addition
the
Period End. Oct, 31—
served
i
Cincinnati Street Ry.—Earnings—
•
sporting
of
Champions, which until now has specialized in
staging boxing matches, will expand its operations into 'other fields.
It announced that shortly it will enter the hockey, football and tennis
fields; that it is interested in acquiring team franchises in all fields
237,65S
24,572,828
11,514,466
income
oper.
of
coverage
5.3
5.0
4.1
5.1
kwh. output, of electric energy of subsidiaries of this
adjusted to show general business conditions of territory
Dividend
television."
Tournament
% Inc.
1947
weekly
corporation
said:
opportunity to expand its interests and activities
through participation in ownership of the Tournament of
Champions.
Through its new interest in T. of C., our company will
sports
Earnings per share
railway..."...
from
Net
$2,421,665
723,856
$2,849,620
oper. income
From Jan. 1—
The
increase of
disclosed.
not
1948
168, p. 2224.
.
1945
1946
$3,147,909
ry.
Gross
1947
$3,377,866
railway
'
Ended—
Week
Commonwealth & Southern Corp.—Weekly
•
Cincinnati New Orleans & Texas Pacific Ry.—Earns.
Nov.
25%
Music Corp. of America, and Allied Syndicates,
Inc., have each acquired 25% of the stock of the Tournament of
Champions, which is in the sports field.
The other 25%
was
kept
by George Kietz, President of T. of C.
The amount of money involved
$6,881,710
1,080,000
—$1,217,032
Net income
Pfd. div. requirements..
ended
Nov.
Oct. 2, '48
Gross
211,541
output of Commonwealth Edison. Co. and associated
excluding sales to other electric -utilities, for the week
27 showed a 5.3%
increase over the corresponding week
a year ago.
Following are the kilowatthour output totals of the past
four weeks and percentage comparisons with 1947:
companies,
—V.
Period
(& Subs.)—Earnings-
Cincinnati Gas & Electric Co.
Depreciation
16,549
1796.
p.
Columbia
•
,
Period End. Sept. 30—
Electricity
1—
from
Net
par
debentures.
office
of
J. Henry Schroder & Co.,
145 Leadenhall St., London, E. C. 3,
England, or at the option of the holder in dollars at the office
of J. Henry Schroder Banking Corp., 46 William St., New York, N. Y.,
or
in
florins
at
the
Nederlandsche
Handel
Maatschappij, N.
V.,
Amsterdam,
Holland,
or
in Swiss francs at the office of Credit
Suisse, Zurich, Switzerland, or in French francs at the Banque de
Paris et des Pays-Bas, Paris, France, in
each case at the buying
rate of each of the above mentioned buying agents for sight exchange
on
London current on the date of presentation of the called deben¬
The
1946
$122,706
income—
oper.
From Jan.
Gross
in
at
next,
31,
Dec.
on
sterling income
of 5%
£222,900
interest,
1946
$143,360
"CBS welcomes the
(Corporacion de
Chilean Nitrate & Iodine Sales Corp.
There
1947
$193,697
Nov.
Net
5
Commonwealth Edison Co.—Weekly Output-
1948
railway
from railway
in
and
(2321)
$228,067
from
This corporation, the
President—
Childs Co., New York City—New
CHRONICLE
Colorado & Wyoming Ry.—Earnings—
,
ASSETS—Cash, $1,201,869; receivables from air lines, customers,
agencies, etc., $617,142; receivables from U. S. Government, $1,363,695;
claims for refund of prior years Federal income taxes, $29,912; mate¬
rials and supplies, at average cost, $199,414; other assets and deferred
charges, $493,892; operating property and equipment (less reserves
for depreciation of $3,115,478), $2,093,288; franchises and goodwill, $1;
total, $5,999,213.
COMMERCIAL & FINANCIAL
a
interest of
offer
share
who do
automatically be
stockholders
will
distributing company.
proposed changes in corporate activities will be voted on at a
meeting of stockholders Dec. 17, 1948.
F.
Cooper, President, in a letter to stockholders, said
the company has contracted to sell Its entire plant and nearly all
of Its machinery and equipment for $250,000.
One agreement calls
for sale
of certain machinery
and equipment to Henry F. Ortlieb
The
special
Nathaniel
Brewing
the
Co.
of
company's
Louis Hertzberg
Philadelphia for $110,000 and the other for sale
plant and remaining machinery and equipment
of New York City for $140,000.
of
to
G
THE
(2322)
The
the
of
name
.
.
,
owned
by 870 stockholders.
company's capitalization consists of 240,000
class A and 67,860 class B shares, SI
The
„.aaaA
t,
to
A
GrOss
167, p. 648,
sale ac this time.—V.
;or
divided
General
Net
-
Pro
of
share
rata
450.000
Com.
$2,206,384
514,864
shares
Earnings
outstdg
-
$4.17
share
per
"Includes
$489,503
514.864
$0.83
taxes.—V.
prior years
$34,472
of
Lehman
$0.90
1360.
Ended Sept.
Nine Months
operating
1048
30—
J.
'
and
Federal
1946.
1947
.
1,917,170
to
be
purchased
$3,580,000
Co
Co.—'
&
$3,312,961
$2,706,520
$1,960,772
$1,523,232
7,047,011
5,305,437
"506,232
4,370,015
7,442
4,144,254
——,_
$8,518,189
$6,333,230
900,000
'$5,642,287
—
dividends
Stone
&
1,200,COO
1,200,000
1,391.098
1,196,022
787,500
787,500
$7,768,874
$6,122,166
856,060
$4,650,730
$3,954,787
856.060
$3.08
$2.37
$1.84
tEarns,
Co.--
Dr25,200
dividends——
shr.„
com.
per
"Includes $500,0C0
1.000,000
.
900,000
700,000
700,000
$1.21
transferred from reserve for marketable
tAfter regular preferred
100,000
Palmer
S.
Co
Dividend
Prescott, Hawley,
Shepard &
The
Co., Inc.—
200,000
L. F. Rothschild & Co—
200,000
Sachs &Co.._
2214.
3,745,224
141,904
—
dividend requirements.—V.
168, p.
securities.
1041.
#
500,0(0
400,000
Steele
143,724
Common
E. F. Hutton & Co
Co._ ,1,740,000
&
1,802,715
391,944
$5,410,360
Surplus, Sept. 30—_
shs. outstdg.
principal
Roger
500,000
Dillon
168,
the
300,000
&
income—;
Preferred
$500,000
Hayden,
2,632,297
767,666
city taxes
Balance
follows:
as
500,000
Kraus
Brothers
Goldman,
are
800,000
3,924,700
reserve
State and
Net
Granbery, Marache &
1.000,COO
__
Co
Barth
underwriters and
each
1945
1
■
$3,768-,923
Co.
,
&
Burge &
—V.
by
1946
$3,907,211
Surplus, Jan. 1
—
Surplus adjustments.^
,711,934
$3,551,186
—
1947
$5,730,762
$10,359,972
Inventory
Fed
Common
.'4—-
-
1948
$8,805,327
earnings trom all
Depreciation
2,269,690
628,772
—_
Securities
Eastman,
$101,252,737 $93,507,328 $71,779,865
revenue
before
bonds
Corp.
Bache
Ball,
Fauset,
Earnings
$6,750,547
-
__
Brothers
American
$525,628
514,864
$0.25
p.
taxes
UNDERWRITERS—The names of the
B.vrd
Groes
$6,097,123
income-"—!
Net
—_—
$188,727
514.864
168,
53,678
,
(& Subs.)—Earnings-
Publishing Co.
Curtis
$6,696,869
25,091
income
amount
profit
$6,072,037
_
deductions
i
crxoo,/yo
—
1,170,175
(& Subs.)—Earnings—
Sept. 30—
gources
1,620,527
_
(net)—,
Grcss
1,545,730
1,929,795
—
—.
.
res.
prior years
Net
income
income
'326,533
—
charged against opers.
in
11.916,418
9 Mos. End.
1,312,970
Income
$852!l64
$111,500
148,58*
723,812
14.157,934
•_
.
Federal
825,000
,
1947
$22,949,719
1,556,673
;
.Monday, December 6, 1948
Diamond Match Co.
tl948
—
taxes
Gross
2;i84,416
taxes,
& State inc
k
$25,029,409
-—
-
CHRONICLE
EARNING3
_
operating, revenue
Other
$5,2158800 $1,6637315
^rontOaftEerdchaeJges30~
special reserves
j
Depreciaticn
par.
Copperweld Steel Co.—Earnings—
i'cd!
COMBINED
Maintenance
„•
shares,
172,140
OF
FINANCIAL
revenues.—,
Operation'
Mr. and
Mrs. Nathaniel F. Cooper own an aggregate of 2o,«,90 class A and
all the 67,860 class B shares.
Their holdings are not to be tendered
into
&
Nine Months Ended Sept. 30—
,
management estimates that enough cash will be available
enable it to pay for all the
146,550 publicly held shares of class,
The
;4ock
SUMMARY
the Cooper
is to be changed to
present company
Distributing Co.
COMMERCIAL
1,740,000
1,740,000
Pomeroy,
largest net
corporation
ended
Schoellkopf, Huttcn &
'
1,000,000
31,
with
$57,442,891
31,
a
this
the
Oct.
on
earlier.
year
contrasted
1948
fiscal year-end in the history of
annual report for the fiscal
any
in
amounted
assets
net
at
Net Assets—
year
1948.
Oct.
P.
State
assets
disclosed
were
Oct.
Total
Inc
Shares, Inc.—Reports Record
31,
last,
to $63,118,181
Net asset value per share
with
$1.45
the
at
end
of
the
was
compared
$1.48 on
previous
fiscal
•
8,295,223
Federal
for
6,880,607
3,457,800
2,644,000
285,496
takes on income
Reserve
198,615
tax
income
Reserve for State income taxes
Net
earnings
'•Earnings per
,
—
$4,551,927
$4,037,961
3,457,335
3,457,325
$0.52
*
$0.22
"Disregarding arrearages in
preferred dividends.—V.
168,
profit
for Fed.
(&
Curtiss-Wright Corp.
1948
$9,415,340
$3,288,755
927,131
1,112,346
157,879
355,299
425,511
6,416
$396,228
$571,832
$686,835
—
242,000
242,300
242,400
Unfilled
orders
sales
Net
8134,200,000 130,000,000
30
Sept.
—JU
——
73,838,698
-
Profit before special credits..
Tax.carry-back credit.
Transfer
from
$51,463
202,000
share--
$1.51
tS.975,602
3.244 231
shares
outstanding
'*
'•'Earnings per common share—..—
"After class A dividends.
and
tax,
after
in
the
first
5,151,643'
7,432,039
$0.24
resulting
quarter
of
7,432,039
Nil
from
net loss
for the
relating to
1948
price
shipments
created
out
of
$274,776 from the
prior
years'
directly related to the
The
1948
consolidated
totaled
dated
net
effort.
war
net
profit
reserve
to
cover
Net
sales
the
for
sales
its
'
$2.83
"
$20,220.
'
and
$21,826;
tlndudes
three
amounted
months
to
The
Sept.
tax.A
and
$0.83
$1.15
charges
Federal
and
earnings
-
sheet
and
of
of
as
income
$10,195,000,
Sept.
1947
$2,007,000,
approximately
after
Federal
charges-
Income
taxes
in¬
Class
1945
$1,067,143
337,634
744,322
937,903
$1,116,483
$1,343,227
on
776,650
776,650
779.650
388,325
$1.44
"S1.73
"$0.32
proved Nov. 6,
1946.—V.
reflect
to
the
426,8oD
maturity
Award of the bonds
Tile
new
to
to
bids
Salomon
Ripley
100%
and
Bros.
&
at
at
the
sale
Union
were:
Securities
Co.,
100.IO;
Blyth
&
been
Co.,
Inc.,
and The First
tremendous
sc
distributed
by
acquisition
of
additional
approximately
ended
Sept.
customers with
amount
properties.
electric
109,600
months
Boston
of
In
'
customers
30,
1948,
it
distributed
energy
with
of
Corp.
electric
due
number
is
in- part
to
served
has
also
electric
cost
expanded
its
will
service
utility companies and
of
this
construction
carry
by
area
one
and
through 1952.
the acquisition
In
order
to
finance
a
portion
in
the
of
1946
will
company
construction
Taxes
will
have
borrowed
of
such
$32,600,000.
The
$8,000000
funds
struction
term
sale
March
23,
production
1911,
and
distribution
customers
and
to
Ohio,
The
an
in
is
to
provide
and
have
service
Company
of
thereof
electric
to
governmetnal
of
funds
the
area
series
,J978)«
series
is
engaged
and
energy
authorities
natural
and
in
the
and
gas,
the
other
renders
company
covers
service
due
public
in
AND
BANK
LOANS
to
in the State
adjacent counties.
miles
and
AFTER
Authorized
(due
Oct.
Jan.
(due
Gross
corporate
■
($23,850,000
from
dates
I
'
in
15,000,000
7,420,000
429,025
series
A,
cumulative
3.75%
series
B,
300,000 shs.
'
cumulative
stock
($7
may be
par)
of
—
issued in
aggiegate principal
the Indenture.
the
•
——
one
or
more
.
9,837,753
9,215,590
due
3,806,000
4,310,000
insurance
_
taxes——
Duke
2,000,000 shs.
series
amount, but subject to
the
75 000 shs
l,70o!ooo shs!
without limitation
as
181,937
15,556,408
15,140,270
5,388,620
—
'
share based
per
.
have
re¬
Truck
&
payable
and
stock
(par value
value
(par
$1
$25
per
share),
per
shares
167,
Minority Com¬
:
Nov.
on
2577.
p.
that
announced
18
this
company,
exchange/had
and also
All
Ltd.
of
subscribed
at $11.50
for
further
a.
share for
per
shares' of
170,000
total of $1,955,000.
a
Co.—Plans $40,000,000 Financing—
''
proposes
company
companies.
to
application
The
sell the bonds to a group of
said that the proceeds wo.uld
construction.
for
Co.
Mutual
6,997,430
on
Trust
Co.,
New
8,013,952
1,772,527
2,440,446
"■
shares..
York,
agent,
co-registrar and
debentures due Dec. 1,
vertible
1
-
each;
and
On
Nov.
share
24,
and
the
Dec.
dividend
$1.49
,$1.45
N.
Y.,
the
directors
usual
15
to
co-conversion
1958.—V.
declared
quarterly
of
$3
of
per
for
from
Net
for
3%
the
co-
50
Dec.
the
6.
con¬
of
$1
makes
calendar
year
a
from
railway-
railway
oper.
from
from
•
from
railway—.
from
1901.
Net
ry.
income.
railway-
411,425
461,550
268,214
255,108
15,913
12,971.511
10,319,641
3,163,259
4,582,809
2.649,636
2,988,844
2,486,917
1,474,267
FOR THREE
MONTHS
operating charges—
Income and excess profits taxes
ry.
-V.
168, p.
—1—
2118.
Ry.—Earnings—
1947
1946
1945
$4,806,211
2,668,474
2,860,974
$4,908,727
3,209,409
1,426,020
1,982,524
1,779,472
29,895,995
37,314,270
20,158,097
14,155,669
20,175.402
10,411,295
9,673,992
8,186,188
11,032,664
& Pacific Ry.—Earnings—
1947
1946
1946
$256,200
45,464
$225,500
"9,707
1/276
2,184,000
183,695
2.250,200
765,083
182,586
$323,700
"272,987
9,014
"25,865
25,418
3,722,100
891,919
3,014,900
152,191
income—
railway
railway
income.—
oper.
Gross
2,394,481
ENDED
OCTOBER
Oper.
other
'
41,677
446,489
1948
1947
Frov.
$26,239,275
13,950,682
10,696,936
$11,302,411
$19,128,585
$15,542^39
.
income
*
,
1947
1948
$1,961,505
899,697
194S
1945
$1,179,977
$1,022,378
$834/726
620,989
572,115
exps.
236,193
212,909
204,757
$825,615
$246,0/8
$245,506
$221,039
23,677
24,258
24,644
20,311
$849,292
$270,337
$270,150
$241,350
1(52,010
"89,399
110,220
"125,737
and general
income
income
-
deprec,,
for
income
etc."
.taxes
profit
—
deducting
$63,222 in
to
net
profit
$1.36
*
264,967
103,827
58,722
51,242
$177,111
3101,208
$64,370
on
on
for
disposal
of
properties
of $8,085
in
1948,
1945.
nine
months
ended
Sept.
20,
1948
was
per common share, based on 306,217 shares.
For
period cf 1947 the net profit was equal to $0.52 per
309,828 common shares.—V. 168, p. 1254.
the corresponding
based
profit
,
$432,315
1947 and $11,373 in
NOTE—The
share,
.
operating profit—
"After
1946
$33,079,267
1797,
416,254
197,433
Total
Net
8,325,000
p.
Co.—Earnings—
operating
Depletion,
31
$19,627,411
168,
Cost of sales
1,278,865
equivalent
profit
Co. of
Insurance
1785.
35,856,020
18.002,927
9 Mos. End. Sept. 30—
7,120,072
-
quarterly dividend of 25 cents per share 'has been declared on
capital stock, payable Dec. 15 to' holders of record Dec. 8.
This
compares with 15 cents per share previously paid each quarter.
Net
Insur¬
England
1—
Eason Oil
A
all
York,,
New
Life
New
70,535
"
the
after
each;
$4,895,763
1948
"Deficit.—V.
1901.
RESULTS
include. New
of
Aetna
Life
Mutual
p.
$347,800
88,896
from
from
Net
$543,046
5,361,730
income.
166,
railway34,528
railway——
oper.
Net
1946
466,454
income—
1797.
p.
from
Gross
1946
$1,124,831
$5,000,000
Provident
Co.
Co.,
1,284,846
—
October—
Net
$1,000,777
228,378
railway
p.
$1,451,824
financing
41,793,298
income—
railway
oper.
168,
as
1948,'
168, p.
railway—
oper.
ry.
Gross
1—
oper.
168,
__
1947
Co.,
$5,148,660
2,516,654
Duluth Winnipeg
per
both
total
RR.—Earnings—
1948
the
Insurance
1948
railway—
from
Net
—V,
share,
per
This
ry.
Net
dividend
cents
from
Gross
2118.
p.
extra
of
record
share
Detroit Toledo & Ironton
ry.
and
each.—V.
$2,500,000
From Jan.
ry.
Insurance
Travelers
in
Life
Life Insurance
From Jan. 1—
been, appointed
agent
168,
an
dividend
stockholders
disbursement
from
Mutual
Mutual
Life Insurance Co.
Net
has
compared with $2.25 per share for the preceding year.—V.
Gross
Co.,
Penn
Duluth Missabe & Iron Range
Gross
Detroit Steel Corp.—Declares Extra Dividend—
payable
participating
companies
Insurance
10,454,398
—
C.
will
stock
(150,000
Co., Ltd.—Acquires
October—
—
Bankers
paying
Profit
the sale of the
to completion
of
this financing the
company
additional $2,000,000 of short-term bank
loans.
acounts
total, $19,137,409.—V.
common
The
1978.
Life
ance
Co-Paying Agent & Co-Registrar—
The
to
maturing bank loans will be repaid from
$15,000,000 of new bonds and it is expected
in
used
York
4,685,872
10,167,788
.
restrictive provisions of
earliest
stock
Cottons,
Power
Insurance
14,958,334
Distillers Corp.-Seagrams, Ltd.—Dividend Rate Incr.—
100.000 shs.
,
(less
Caster
The company on Dec.
1 asked the Federal Power Commission for
authority to issue $40,000,000 3y8% first and refunding mortgage bonds
Net
(par $100)
3.75%
Earnings
—V.
,
Service
1807.
p.
9,753,875
8,395,261
Net
I
—J
r
various
1,
shares,
167,
429,030
adjs.
income
Balance
Net
8,000,000
1
13,498
57,379,017
income———,
income
Gross
*
$0.15
1943
receivable
accounts
from
$10,840,000;
common
President,
Montreal Cottons
8,120,000
taxes).
income
A
Textile
Montreal
10,812,286
plant acquis,
class
A
share-for-share
a
Philadelphia,
Net
From Jan.
1,1,
Dec.
payable,
Dr$773,863;
$10,000,000
Net
Outstanding
1,
*
1978
FINANCING
and
due
30,
SEPT.
$101,937; Federal taxes on income (est.), $585,853;
.subordinated), $1,600,000; unearned interest on notes
debt
of
—V.
338,612
October—
THIS
notes
$13,905,195;
$0.24
*
SHEET,
103.405.841
reserve—
has'
t5,000,000
Preferred stock
an
sale'
ahd
$3,403,370;
Gordon,
68,740,496
income
BALANCE
990,776
$19,137,409.
class
!____ 116,963,412
income
Net
•••■
(due
1978
on
prior
utilities,'
and
customers
1949
that
:
solely
24
approximately 6,041 square
approximately 807,000.
7
due
A,
t$8,000,000
industrial
distribution
-I
iJ9781notes due
r—t—
proceeds of
transmission,
and
population of
lJ/4%
incurred
repay;
incorporated on
principally in the
residential, commercial
—,
3%
"Bonds
to
was
commercial and industrial
authorities.
Company's business is
SECURITIES
o«,1975)!
Common
1947
15,217,796
Other
expansion
to
residential,
estimated
3%
of
1948
bank
BUSINESS—Company
First mortgage bonds—
2%%
series due
1975
,,
will
bonds
new
1952
Ohio,
sale
to
where
CAPITAL
AND
purchase
governmental
of
Subsidiaries)
ap-;
loans; the total
aggregate approximately
short-term
on
borrowing
the
of
purchase
and
the
thereof
than
share——
common
$151,401
^
acquired all of the common
the outstanding slrwos of
7%
preferrtri" stock of the latter company have been called1 for re¬
demption as of Dec, 31, 1948 at $40 per share.
Mr. Gordon said
that in order to assist Montreal Cottons, Ltd. to
redeem its preferred stock, Dominion Textile surrendered its holdings
be
repay
the company's short
loans, it will be necessary to obtain
approximately $28,the sale of additional securities or
through borrowings.'
bank
in
and
through
ORGANIZATION
and
$13,000,000
sales
program
000,000 by
(other
B.
stock
elec.
&
1,007,648
expenses,
through
Co.—Earnings—
franchises
outstanding——
67,714
$241,324
-
of the company's bank loans and
to provide part of thethe company's
1948-1949 construction program.
Company
estimates that in order to finance the balance of its con-.
for
presently
..
expenses—
Deductions
and
5,007,402.
•
G.
168, p. 1901.
Provision for estimated Fed.
Dec. 1, 1948, the company sold in
1947, 75,000 shares
stock, 3.75% series B (par $100), and in
1948, $8,000,000
first mortgage bonds and
170,000 shares of-common stock; and in 1948
proceeds
2,271,330
of
Amort,
preferred
it
.3,444,295
6,237,816
67,710
—
—•——_
Stock of Subsidiary—
mon
4,819,355
to
up
of
ry,
total,
Dominion
39,105,578
5,6-37,634
Operating
a
company
1946 of six
aggregate
36 665,585
10,399,627
and repairs
Appropriation to retirement
The estimated
will
program
43,920.267
11,831,286
Maintenance
The
utility company.
gas
expansion
proximately $84,000,000.
Up to Dec. 1, 1948, the
spent approximately $34,000,000 of this
amount.
program
since
way
which
program
50,263,107
Gross earnings from utility operations—
distribute the energy to meet this increased demand
with facilities
owned by the
company, the company has had under
construction
railway
railway
oper. income—
"Deficit.—V.
~"$219,115
sundry notes and, accounts, $264,063;
investment
$101,324; office furniture and equipment—^t cost
for depreciation of $112,892), $145,513; deferred charges,
reserve
reacquired,
$
produce
and
Net
$309,034
—
.shares
81.408
198,000
——
common
'
1—
from
108,192
136,347
272,000
5%.. cumulative preferred
"1,472,603
12 Months End. Oct. 31—
the
approximately 2Vz
order
821,657
(Including All
energy
to
company
In
690,362
118,624
/—
partially paid—
unpaid balance, $506,628), $16,872; class B common stock (par value $1
per sharet, $3,200; capital surplus, $1,910,924; earned surplus, $1,117,267; purchase price of 3,200 shares of class B common stock to be
"2,514,082
825,708
838,461
'
—
$547,251 ),
1947
$1,445,175
1,040,620
recoveries)—
receivable, $36,317;
share), $2,7(8,125;
S3.637J233
1,083,322
Detroit Edison
kwh.; for
approximately 176,300
1940.
$4,529,403
1,366,468
from
'
$1,019,619;
other assets,
long-term
1945
,'
$4,995,837
1,529,247
of
486,100,000
which
in
the
the
1940,
served
1,179,000,000 kwh.,
in
growth
volume
served
the
Net
1046
1947
85,500,703
From Jan.
Gross
and
1948
„
railway—^
oper. income—
ry,
(net of
LIABILITIES—Notes
Corp.—Earnings-
railway—-
from
Net
-
has
by the company and the
it during the past eight years,
12
Corp,
'
>
from
Net
be redeemable at prices ranging
special redemption prices scaled from
100.07.
customers
times
Gross
Hutzler (jointly),
100.401; Morgan Stanley & Co.,
Lynch, Pierce. Fenner & Beane, 100.281; Harrlman '
Inc.. 100,271; Halsey, Stuart & Co. Inc., 100.159991;
PURPOSE—There
the
October—
by the
&
Co.,
&
(Jointly),
electric
30
i
received
Merrill
Shields
Nov.
won
100%.
Other
100.33;
was
bid of 100.499999.
a
108,
1948
(est.)—
period
common
accrued
two-ffor-one stock split ap¬
V ;|
/■;>'
-
$8,652,-
$6,610,816,
7.29%.—V.
or
$1,876,624
$990,776;
168, p. 1580.
Delaware & Hudson RR.
bonds, due Dec. 1, 1978, will
from']C5!/b%
ioi%
on
A
$298,325;
publicly
Dec. 1 $15,000,000 first
mortgage bonds, 3% series A. due
1978, at 100.99% and accrued interest to yield 3.25% to
of
with
group,
$4,610,175
"
dividends
for
cf
and
333,325
$0,71
shares
$6 >,772,357
(& Subs.)—Earnings—
—
Corp.,
$640,233
shares outstdg,_
Earnings per share.—
of
investment
an
utility
—__
loans
taxes
ASSETS—Cash.
1946
$2,234,130
$550,877
Capital
"Based
income
Surplus
serve
1947
•
the
with
—
Earnings per class A
$1,860,805
$388,511
value
appreciation of $8,005,
investments in corporate
with
group,
assets;
expenses/—
Preferred
of
(& Subs.)—Earnings1943
at
I
CONSOLIDATED
Sept. 30—
profit
net
market
a
largest
building group,
profit
(less
Net
petroleum
total
had
The
expense.—i—
Federal
,/
•
the
of
for doubtful
Prov,
working
.'■V:
■
in
earnings
Operating
six-to-one.—V.* 167,
;
39,528,554,
leading corporations
net unrealized
a
$52,76,550.
Six Months Ended Sept. 30—
were
assets
net
with
107
4
Net
current
v -'
9 Mos. End.
Profit
Dayton Power & Light Co.—Bonds Offered—Lehman
Brothers headed a purchase group that offered
group at competitive sale
were
.13.71%
or
securities
representing
of
10.49%., and the
1480.
Gross
$0.36
period
leaving
outstanding contrasted
fiscal year.
Government
1948,
cost
period.
shows
1948
of
of
ratio
a
the
1948
the
in
previous
Domestic Credit Corp.
514,134
Nil
for
S.
31,
Interest
taxes
27,
liabilities
current
514,134
U.
over
p.
tLoss.
taxes.
before
Decca Records, Inc.
'
30,
Consoli¬
production
share—
per
2027:
P.
of
down, preliminary expense incurred for expanding
creased engineering costs.—V.
168, p. 1579.
514,134
balance
capital
$20,141,541.
ended
514,134
$1,213,332
,
Sept. 27,'48 Sept. 29,'47 Sept. 30,'46 Sept. 30/45
$7,840,000
$7,071,000
$3,864,000
$6,197,913
428,000
592,946
+64,000
184,669
——
of
the
shares
the
of
securities
extraordinary
Subs.)—Earnings—
in
807
247
(&
in
company's investments in the stocks of
Oct.
on
44.
Corp.
exclusive
year,
securities,
$2,104,630
42,620,940
The
$0.21
1948,
amortization:
shares—
capital
$12,202,000
the corporat'on and its subsid aries for the three
amount to $24,121,701.
Operating results for the third
the effect of the annual factory vacation
period shut¬
reflect
1945,
p.
$683,000, compared with $975,000 for
for postwar reconversion
identifiable postwar costs
$562,864 aftef provis'on for Federal Income
months period
quarter
income
profit
of
"After
of
and
Chemical
NOTE—Net
In¬
quarter ended Sept. 30, 1947 was $223,478 after
$570,000 under carry-back provisions of the tax
applying tax credit of
law and transfer of
168,
sales
"Net
No.
Earnings
$0.46
retroactive
the prior year,
{(Unfilled orders on hand for the corporation
subsidiaries amounted to $146,500,000 at June 30, 1948,
The
$19,632;
Quarters Ended—
tAfter provision for Federal income
tLoss.
including $606,000
granted
creases
+465.315
7,432,039
—
1946,
$2.33
and
depreciation
$50,000.—V.
Davison
940,287
__
profit-
had
18,824,635
Net
Net
Common
of
for
fiscal
1948
.
or
•
___
$14,964;
income
13,976,278
postwar
—
1947,
charging
50,759,141
—5,570,000
—
for
reserve
conversion
*
88,320,320 '
58,828,994
13,244,231
■
.
"After
$
for.the
sales of
of
income
the' close
1946 *
$
income
was $2,544,171.
This compared with net
preceding fiscal year.
A new high record in number of shares outstanding was established
during the year, the report disclosed.
On Oct. 31. 1948 tbi- company
1945
245,761"
taxes
.
Earned per com.
1947
$
1945
,
$11,845,868 $10,796,881
opers.
inc.
Net income
Subs.)—Earnings—
Sept. 30—
1947
641,989
from
Com. shrs. outstdg
9 Months Ended
J1948
—
"Net
1480.
p.
sales
Net
Prov.
Net
profits on
6 Mos. End. Sept. 30—
$2,997,265
3,457,"335
$0.67
,
Davega Stores Corp. (& Subs.)—Earnings—
.
153,822
•
-—_
——
outstanding
common
year.
1,657,950
share—„—
__
shares
Gammon
4,809,037
\
Volume 168
Number 4757
the commercial & financial chronicle
Eagle- Picher Co.—Changes in Personnel—
J.
id.
Chairman.
T.
Spencer Shore,
partner
a
elected President.—V.
1-68, p.
of
Goldman,
Sachs
&
has been
Co.,
"October—•
Gross
Nine Months Ended Sept. 30—
Net sales ___*
goods
for
Federal
1947
ry.
839,035
$8,541,130
$2,565,394
-.630,573
•
Cr28,755
$1,799,747
21,633
655,000
$724,850
256,000
$1,123,114
256,310
205,048
$487,942
205,048
341,747
341,747
"Unwatering
feet
above
the
sixth
fifth
level
level
profit
Dividends on
Cbmmon
—
Stock_L__i
common
shares
outstanding
Earnings per common share
Net
profit
the
for
third
share), as compared with
qtlarter of 1948.—V. 168, p.
$4.78
quarter
$534,867
of
1948
($1.86
341,747
$1.4J
$3.29
$374,805
was
in
share)
per
($1.10
the
per
second
"Present
been
There
and
have
been
for
drawn
redemption
on
water, level
feet
next,-at
1,
101.79
York, N. Y.—V. 167, p. 236Q.
the
company's General
Comptroller.—
V.
it was announced on Dec. 1 that this company has acquired the
department store and mail order business of David Spencer, Ltd.,
pioneer British
Columbia mercantile organizations, for a purchase
price said to be between $15,000,000 and $17,000,000.
The
transaction
includes
in
warenouses
the
Spencer
department
store,
groceteria
Vancouver,
B. c., Canada; the "home" store in
branches in Nanaimo, New Westminster,
Chilliwaek, Mission, DunCan and Courtenay, all in British Columbia.—
V. 126, p. 2373.
Victoria;
the
ana
Eaton Manufacturing Co.—New Stock Listed—
Exchange
V.
168, p. 2224.
not
that
point,
which
23
/
..
payable
Dec.
on
a
Dec.
stockholders.
Ward,
and
29,
holders
to
cents per
20
1948
record Dec. 7.
shares held by
of
common
previous
payment
contracts
for
research
advanced
*After
V.
I income
Net
Provision
Net
after
for
profit
Class
A
charges-—.;
shrs.
com.
1,603,657
*359,626
326,232
681,154
4Cr605,000
$922,503
$245,374
405,000
$2.10
Fajardo Sugar Co. of Porto Rico—Assets to be Trans¬
ferred to Subsidiary—To Dissolve—Assets of Association
—
Earnings per class A
outstdg—
and
405,000
share-
$0,55
B
tTax
liquidation
tion
the
of
29 approved the dissolution and complete
of The Fajardo Sugar Growers Association, the termina¬
trust executed on March 19, 1919, and the distribution to
beneficiaries
such
of
(of
trust
company is a beneficiary)
Holders
of
the
following securities
being notified to send their
53 State Street, Boston,
Mass., to be exchanged for its shares under the reorganization plan
of the El Canada Mines Co., Ltd.: Five shares of new stock for each
share- of no par stock of El Canada Mines, Inc. (Del.) ; five shares of'
new
stock for each 100 shares of $1 par value stock of El Canada
Mines, Inc. (Del.); five shares of new stock for each 100 shares of
El Canada Mines, Inc.. (Trust)
participating units; one share of new
stock for each 10 shares of $1 par value stock of El Canada Mines
Co., Ltd. (Bahamas Islands Corporation); and one share of new stock
for each 10 shares of $1 par value stock of El Canada Gold Mines
Corp. (Del.).
>*■
1
;
certificates
There is
stock,
the
office
this
of
are
company,
transfer and service charge of
a
with
minimum
a
Canada
El
to
to
Colombia
charge
Mines
of
1 cent per share of the old
checks
$2.50,
Co.—V.
which
trust
104,
p.
1328.
stock
common
Robert P. Meiklejohn has been
He
has
teen
istrative
serving
Secretary
Associates
from
of
for
and
Economic
air,
highway
of the net .proceeds in the hands of the
proposal to transfer the assets of the company
a
Fajardo
of
Cooperation
V.
168,
the
committees
of
Administration.—V.
United
the
including
Sugar
Co,
Porto
of
Rico*
share
for,
Federal Mining & Smelting
of
Tons
shares outstanding
per
•Net
income
♦After
charges and
Prov. for Fed. inc.
$2,987,354
1,230,500
Philco
Corp.
below.—V.
167,
p.
1586.
p.
Mfont.—Files With SEC
Nov. 22 filed a letter of notification with the
SEC for 50,000 shares of common, non-assessable stock. To be offered
at
company
50
for
cents
on
share without underwriting.
Proceeds will
of equipment and operating expenses.—V. 164,
per
purchase
be
p.
used
1081.
Elgin Joliet & Eastern Ry.—Earnings—
October—
Gross
1948
from
Net
from
Net
ry.
railway-
railway—,
oper.
$3,566,510
1,349,219
582,281
1,637,396
676,224
income.
Net
railwayfrom railway
Net
ry.
income.
—V. 168, p. 1797.
383,204
359,071
128,159
cper.
38,288,033
—
21,555,989
26,818,593
11,617,292
4,123,801
6,157,889
6,573,111
—
31,831,123
15,328,435
—
4,507,301
e93,974
2,380*203
Nine Months Ended Sept. 30—
1948
common
'
share
$436,698
$2,116,490
105,000
550,000
share.—$2.55
$1.34
$1*566,490
$6.35
per
but
adjustments.—V.
before
depletion,
168,
$5.15
Federal
income
tax
tax—
excise
900
$237,988
income-
t
realized
net
loss
—
on
investments
of
therefore
no
in
$2.76
1
Nil
Of
connection
profit before Federal taxes.—.
taxes
.......
with
that
The
.company
lo
reports
that
approximately
its
present
backlog
of
unfilled
orders
$33,000,000.
Net
Com.
GIVING
mtge. bonds, 27/b%
stock)
Earnings per common
preference stock into 25,876 shares of
—V.
common
stock.—-V.
167, p. 2788.
168,
p.
645.
,
bank
interest
Cumulative
,4%
loans
at
IV2V0
to
$1,465,598
818,569
$1.91
818,568
share"
have
TO PRESENT
Authorized
FINANCING
Outstanding
$16,500,000
4.90%
amount
of
—
(par
•The
or
The
'
gisted
1,210,000 shs.
$7.50)—,
bonds
indenture is
which
may
be
outstanding
40,000 shs.
40,000 shs.
1,210,000 shs.
at
any
time
be
unlimited except that additional bonds may
accordance with the restrictions contained in the mort¬
supplemental
indentures.
outstanding funded debt of Georgia
first mortgage bonds, 3%
series
of
and first
the amount Of $985,000.
.of
2,800,000
40,000 shs.
40,000 shs,
—
—i
series
the
8,500,000
$3,235,000
bearing
2Va%—
*
stock
-
4,000,000
•Unlimited
series due 1978
preferred stock (par $100)—
Common
gage
$1,567,488
for the year 1948, it
expended approximately
program
series due 1974
(1946-1956)
series
issued only in
818.569
$1.93
and
♦Unlimited
mtge. bonds, Vk%
(due Nov. 1, 1978)
■
$1,580,902
profit after Federal taxes.—
outstanding (excl. treas¬
ury
EFFECT
1974)
1,
1st
under
$2,388,000,
mortgage
names
cipal amount of bonds -to be
of
bonds,
the
as
due
of Aug. 31, 1948, con1975, in the amount
3%%
series
underwriters
due
and
1975,
the
in
prin¬
purchased by them, respectively, are as
follows:
shs.
yhe emount of common stock outstanding at Sept. 30, 1948 reflects
the conversion since Sept.
30, 1947 of 9,706 shares of 5y2% convertible
will
company
UNDERWRITERS—The
amounts
construction
the
the
,
Dec, 1 reported total earnings for the quarter
approximately 4% cents per share on 2,229,780
largest number of shares in the Fund's history.
Income
from
portfolio (true investment income)
equals 3 cents
per share while income from realized security
profits approximates
13A cents per share, the report added.—V. 165, p. 337.
Net
elec¬
the five-year period from
mtge, bonds, 3%% series due 1974Cdue Jan, 1,-1974)—
•Unlimited
corporation on
End. -—13 Weeks Ended,—
Sep. 30, '47 Sep. 27, <46
$2,547,906
$2,527,884 $2,363,367
967,004
960,396
898,269
depre¬
Florida,
of St. Petersburg Electric Light & Power
in
aggregate book value of $7,165t259.
an
•CAPTALIZATION
ended Nov. 30, 1948, of
shares outstanding, the
Oct. 2, '48
from
1943 to Dec. 31, 1947, company expended $17,633,413 on gross
to utility properties and retired or sold utility properties
1,
Serial
14 Wks.
period
incorporated
was
1st
Share in Third Quarter—
Period—•
the
during
BUSINESS—Company
$6,500,000 and Georgia will have expended approximately $1,135,000
upon
completion of such construction program.
The additions
properties in 1948 will include expenditures of approximately $3,000,000
for distribution lines, $2,000,000. for production plants,- $1,500,000 for
substations and $550,000 for transmission lines,
4% Cents per
.
AND
and
(due Jan.
■
the
accumulated
$556,408.
1st
' : •
'
Inc.—Earnings—
cash
from
other reserves and from earnings.
estimated
is
2466.
I
735,000-
603,150
balance of approximately $1,360,000 will,
company renders electric service to approximately 97,100
customers among the inhabitants of 86 incorporated cities
In
bank,
Financial Industrial Fund, Inc.—Earned
2,836,900
During the five-year period from Jan. 1, 1943 to Dec. 31, 1947,
Georgia expended $2,156,476 for gross additions to utility properties
and retired or sold utility properties having an aggregate book value
LIABILITIES—Payable for purchases of investments, $312,573; pay¬
for repurchase of shares, $2,276; payable to general distributors,
provision for Massachusetts excise tax, $3,196; accrued cus¬
todian fee, $2,762; other payables, $352; net assets based on carrying
investments at market quotations (equivalent to $23.90 per share for
763,053
shares of $5 per value), $18,239,195;
total, $18,565,722.—
Federal
•Deficit.
anticipated that
having
$5,367;
p.
*•
—
additions
able
167,
trans-'
1,186,000
substations
ADDITIONS AND RETIREMENTS—During
and
demand deposits, $939,006; divi¬
dends receivable on stocks selling ex-dividend, $100,326; receivable for
capital/shares sold, $92,194; accrued interest receivable, $3,402; other
receivables, $67; total, $18,565,722.
cash
and
,
in excess of 100 unicorporated towns and rural communis
ties.
The
territory served extends south from the Florida-Georgia
state boundary along a portion of the Gulf coast of Florida to St.
Petersburg and through the central part of Florida to Lake pjacid.
The territory comprises an area of approximately 18,500 square miles
with a population of approximately 575,000,
.
BALANCE SHEET, SEPT. 30, 1948
$199,882;
,—-
^
*
1,526,900
;——
lines
distribution
additional
518,950
production, equip.
miscell.
The
'
$199,927),
1,000,000
—
of
properties and' general equipment
is
Jan.
files, as a "regulated investment company"
provision has been made for Federal income taxes.
NOTE—Company
$1,500,000
customers
1948 and net
in
Such
$8,547,608.
On
tric
$2,132
$1,650
at
Company is engaged in the business of generating, purchasing, trans¬
mitting, distributing,, and selling electric energy.
Georgia Power & Light Co. became a wholly owned subsidiary of
the company on March 26; 1945.
Georgia is a public utility operating
wholly within the State of Georgia and is engaged in the business
of .generating, purchasing, transmitting, distributing, and selling elec¬
tric energy.
It also operates a small water pumping station and
distributes water in the -community of Climax to approximately 50
120,446
$49,018
i
—
estimated
are
Dec. 18, 1943, the company was reincorporated.
It IS a public
operating wholly within the State of Florida,., except for the
a
transmission line extending approximately 48 miles,
from
the
Florida-Georgia state boundary and connecting with the
transmission facilities
of Georgia
Power Co. near Barneyville, Ga,
$122,578
188,970
period—.;
,
utility
1,200
•'
;
a
operation .of
1947
30,640
proceeds
capacities
obtained
Co.
$149,340
25,562
—
;
Massachusetts
for
1948
interest—.——„
....
on
;
net
July 18, 1899, under the name
and
$269,528
Sept. 30—
and
29
Nov.
additional .distribution
and
ciation and
941.
p,
awarded
and
to
former
$1,542,824
\
$6.25
depreciation
Bonds are dated
1978, at 100.955 and interest.
Nov. 1,1978.
for 3%s.
Additions
550,000
$331*698
Offered—Kidder, Pea-
Corp,—Bonds
substationsA
New
2,878
$2,092,824
$6,880,6*85
*235,100
4,091,030
New and Additional transmission
42,169
3,298
1946
$14,101,419
2,011,604
980,030
after chgs. and taxes
Earnings per
39,253
914
First National Stores
1947
$19,504,687
earns,
12,386
.
Co.—Earnings-
Sales
Net
$1,969,228
924,674
2,107,751
lines—,——
It
220,000
Surplus for
V.
$2,744,784
198,880
.
\
by the end of 1950
to and rebuilding
,,
1,387
$849,485
Dividends
The
from
Elliott
$4,084,982
—
24,997,887
8,807,170
New and additional transmission
1945
1946
1—
From Jan.
Gross
—
1947
286,278
21,570,477
4,572,924
Additions
ASSETS—Investments at market quotations (average cost per books
$16,548,066; cost for Federal income tax purposes $16,781,831), $17,230,845; U. S. Treasury certificates due July i, 1949 (cost per books
2007.
Proposed Merger—
on
Elkhorn Mining Co., Boulder,
The
168,
210,707
22,246,747
2,861,610
430,572
the following items:
Completion of the installation of a new 10,000 kw. gen¬
erating unit at the St. Petersburg plant
—-—
Est. 1949
expenditures on a new 40,000 kw. generating
unit to be installed and completed in the Avon Park area
1948—9 Mos.—1947
$629,485
$2.43
income' taxes.—V.
•419,948
includes
Fidelity Fund, Inc.—Earnings-
1948—9 Mos.—1947
$2.51
*218,919
'
proceeds, together with other funds of the company, will be used
to finance
the company's construction
program for the year 1949,
which
it is estimated
will aggregate approximately $9,907,000 and
profit of $53,006 in 1947.
1,230,500
Federal
Co.—Earnings-—
taxes
Three Months Ended
•Net
$3,086,469
.
$1,991;861
450,195
23,775,599
3,795,514
1,402,886
.
PURPOSE—The
towns
$0.73
$2,063,479
$1,881,716
• 183,155
net
,.
profit——
Net
Expenses
$891,705
Electromastei:, Inc.—To Vote
See
„
11,735
—„
2224.
1,230,500
1945
3946
1S47
1948
$1,813,246
"
•4>135
income—
was
HISTORY
—
168,
1,230,500
$0.74
share—
holders
to
concentrates
produced'
of shipping prod.
produced by lessees—
States
$903,816
com.
29
Nov.
Tons
commit¬
(& Subs.)—Earnings—
profit
Earns,
on
be
•Before
Com.
made
1948—3 Mos.—1947
Period End. Sept. 30—
Income—dividends
1948—3 Mos—1947
issue
Miscell.
establishments,
For the week ended Nov. 25,
1948, the System input of this cor¬
poration amounted to 70,724,000 kwb., an increase of 9,430,000 kwh., or
15.3 '/(■, over the corresponding week of last year.—V. 168, p. 2224.
Period End. Sept. 30—
share was
per
on Nov. 22 declared
a dividend of 30 cents per
share
stock, payable Dec. 20 to holders of record Dec. 6.
The payment will bring dividends for the year to 90 cents, an
initial payment of 40 cents having been made Jan. 5, applying on
1947 earnings, and another of 20 cents having been made Aug. 13 —
V. J 68, p. 1144.
•
Electric Power & Light Corp.—Weekly Input—
♦Net
$9.51
directors
foreign
p.
Ry.—Earnings—-
bid of 100.5601, other bids
received at the'sale were; Halsey, Stuart & Co. Inc., 100.131 for 3(4 s;
Smith, Barney & Co., 102.341 for 3%s; The First Boston Corp. 102.05
for 3%s; ■W. C.. Langley
Co. and Glore, Forgan & Co. (jointly),
the common
year-end
of
$4.91
stock.—
preferred
.
.
from
The
Federal Enterprises, Inc.—30-Cent Dividend—
•After
Commerce),
transportation,
sea
outstanding
oh
Nov. 1, 1948; due
1901.
p.
Provision
Electrolux Corp.
of
,
appointed Treasurer of this company.
the present time as the Admin¬
Chamber
and
dividends
Florida. Power
Fajardo Sugar Co, of Porto Rico capital stock of record Nov. 8, 1948,
following the winding-up of the Association.
The New York Stock Exchange on Nov. 29 directed that Exchange
contracts
in
the
company's common stock on Nov. 30 be ex-said
distribution and that all due-bills must be redeemed on Dec. 2, 1948.—
until
of
seven
(International
tees
1947
1,183,921
$4.92
,
railway—
oper.
101.91999
distribution
A
Earnings
Electric Boat Co.—New Treasurer—
$6,102,511
1,257,935
$1.42
body & Co. arid Merrill Lynch, Pierce, Fenner & Beane
on Dec. 1 offered $8,500,000 first mortgage bonds, 3%%
of
stockholder
each
without any limitation whatsoever, other than stock of Fajardo Sugar
Co. to Fajardo Sugar Co. (a subsidiary), to dissolve the company, and
distribute the common stock of Fajardo Sugar Co. in exchange for
payable
made
be
to
$6,480,671
1,183,921
'
series due
They also approved
The
(Del.)—Exch. of Sees.
$1,769,478
$1.87
_
Nov.
on
trustee.
on
El Canada Colombia Mines Co.
3,924,936
♦Deficit.—V. 168, p. 1901.
stockholders
The
$0,43
carry-back credit.—V. 168, p. 2007.
4,147,341
1,257,935
railway
Net from railway-,
—
Net ry. oper. income—
to be Distributed—
'
*Loss.
1,164,525
1
railway—_
from
Gross
405,000
taxes
——
and B
619,128
v—$292,896
income
10,027,447
•
'
for
allowing
from
Net ry,
Oct. 4, '47
Oct. 9, *48
$2,447,597.
October—'
Gross
mean
1,498,577
share-
168, p. 1901.
Net
would
10,628,018
Florida East Coast
de¬
and
fourth
2,934,003
shrs.. outstdg—
•Earns, per com.
1945.
and
the
In
—40 Weeks Ended
Oct. 4, '47
3,946,174
charges
profit
Common
of
1946
$21,092,974 $19,832,427 $13,494,075
__
Net
.
cents
20
was
far
so
From Jan. 1—-
the
1947
after
Federal, State, and forfeign income taxes.,—
share
Jr.,
ordnance
level
$21,842,115, $17,403,555 $64,683,038 $55,191,448
sales
Net
dividend of
27
The
" high
a
Oct. 9, *48
•
*
velopment work in the several fields in which the corporation is active.
—V. 168, p. 2007.
"
•
(& Wholly-Owned Subs.)—
Nine Months Ended Sept. 30—
Sales
.at
(& Subs.)—Earnings—
Flintkote Co,
further
as
share.
(Thomas A.) Edison, Inc.
continuing
12 Weeks Ended—
1480.
outstanding 2,302,707
are
10,500
Carlton
.
is.
full year
are expected
to approach $22,000,000 which
share'earnings of around .$4.00."—V. 168, p. 2225.
•
approximately
is
reports will be issued
$1.84'
quarter and present indications are that demand for carpet and rugs
will continue strong for some time," Mr. Wadely said: "Sales for the
Chairman, also stated that the corporation's
backlog of unfilled orders, including letters Of intent, exceeded $80,000,000. These covered procurement by the Air Force of a substantial
quantity of new Crli9 Packets, an undisclosed number of guided
missiles fc>r the U. S. Navy and U. S. Air-Force, power plants for
the
approved an application of
this company to list 1,792,520 shares of $2 par value common stock
to replace 896,260 shares of $4 par value common stock then out¬
standing. Trading in the new stock commenced on Dec. 1, 1948.—
Nov.
on
foot
i
."Business
has
station.
declared
24
stock,
there
than
'J.
Spencer
Stock
1850
level
12
•
$1.80
<
$14,651,628 for the full 12 months
President pointed out. Net income lor
year amounted to $1,500,327J or $2.60
Harold E. Wadely,
toonths' of* last
full
share.
*
1943
$7,766,866
1,028,527
546,453
of
that
exceeds
now
1,028,001
560,762
taxes.
•
Nov.
on
share made
the
The Detroit
filth
officials state
common
aircraft
(TV) Eaton Co., Ltd.—Acquires Spencer Firm-
and
present
per
Harper has been elected an Assistant comptroller of the
Thomas J. Hargrave, President, announced. .Since January,
to
the
directors
the
more
Leslie
1946, he has been assistant
168, p. 2118.
table
Fairchild Engine & Airplane Corp.—20-Cent Dividend
•The
on
At
company,
the
at
now
1,725,718
570,985
$3.00
-
total
1947,
the
a
Profit
Jan.
Eastman Kodak Co.—New Assistant Comptroller—
J.
is
above
company
information is obtained."—V. 168, p.
$195,COO of first mortgage bonds, 3J/4%
sinking fund
1961, at the City Bank Farmers Trust Co., trustee, 22
due
of
point
and
a
tapped.
was
water
tThe
new
a
-sufficiently to assure success in driving the sixth level
providing pump and power capacity far beyond the
present plant. This may be modified, however, in tne light of further
experience gained from pumping during the next few weeks.
The
interest,
series
William Street, New
the" general
and
depth
without
"The
Eastern New York Power Corp.-—Partial Redemption-
12
this
bottom of the mine
that
are
Nov.
At
profit
-•After Federal income
lowered
crosscut
200
1254.
indications
started
reached.
was
1948
1947
.„t$15,54l,047 $10,048,303
sales
Commop shares outstanding."
Earnings per common sharej..
Ltd.—Developments—
below
the
Co.—Earnings—r
9 Months End. Sept. 30—.
,
•Net
increased flow-of water from the
Net
1581.
Net
168, p. 2224.
corporation on Nov. 19 .notified the New York Curb Exchange
of receipt of the following report from its General
Manager concern-1'
ing -developments in efforts to Unwater its mine:
63
initial distribution of 35
Firth Carpet
"The
Crl9,092
962,000
(net)
income."
on
dividend of 35 cents per share
a
stock, payable Dec, 15 to holders of record Dec. 6. A
common
cents per share was made on June
22, making total dividends paid in 1948, 70 cents per share.—V. 168,
p.
Eureka i Corp.,
7,185,707
723,185
the
previous
146,627,962 125,306,912 105,383,215 119,711,652
37,774,815 215,682,040
13,982,449
20,995,323
income.::.' 16,709,335
8,984,388
3,569,922
12,810,348
oper.
24 declared
The directors on Nov.
•
on
1946
$1,632,149*
taxes
1945
railway
railway
•Deficit.—V.
$13,214,012 $11,120,282
9,809,583
8,597,350
exps—
Profit from operations
Prov.
1946
railway
from
from
Net
1948
sold—
Interest and misc. deductions
1947
From Jan. 1—
Net
Corp.—Earnings—
(Including Canadian Subsidiary)
Cost of
Fifty Broadway Building, Inc., N, Y. City—Div. No. 2
1348
$16,202,844 $14,382,665 $12,85.5,985 $10,513,970
Net. from, railway—
4.810.62J
3,731,353
2,994,075
•5,103,245
Net ry. oper. income
2,387,403
1,510,613
942,475
2,129,461
1797.
Selling, shipping and general
-Earnings—
.
from
Gross
Eastern
7
*
Erie RR.
Bowlby, formerly President, has been elected Chairman of the
succeeding Joseph Hummel, who has been, made Honorary,
board,
(2323)
.
$1.79
Kidder, Peabody & Co.—:
Merrill Lynch. Pierce, Fenner & Beane—
'V.
168,
p.
2118.
—
$4,250,000
4,250,000
8
THE
(2324)
$3,400,000,
First
The company
35,227
Service,
Nov.
on
shares
Inc.
($1
will
168, p.
1254.
amount
Wallace, Inc., Springfield, Mass.—Stock Of¬
value
A
fered—F. S. Moseley
& Co., Boston, and Tifft Brothers,
Mass., on Nov. 18 offered 10,000 shares
class B common non-voting stock (no par) at $16 per
share. The stock offered comprises 6,000 shares of treas¬
JANUARY
stock
par)
(no
Class
B
common
voting
Class
B
common
non-voting
stock
(no
32,662 she.
32,100 shs.
60,000 shs.
par)
(no
32,100 shs,
the company will be added
accruing to
proceeds
store
in
to
large and well-known retail depart¬
a
First
Springfield,
the business
of
and
stock
the
stated
at
$100
1,050,000
each
$1,000
time.
new
par
share,
a
common
whom
to
persons
this
at
the
of
Total
Mass., and carries on the business initiated
in 1874 by the partnership of Forbes & Wallace.
The building, with a
floor space of
nearly eight acres, is advantageously located in the
heart
but
it
amount
the
thereof;
outstanding
the
of
claims
it may
or
first
Company also owns over 62% of the common stock, having in excess
56% of the general voting power, of Consolidated Dry Goods Co.,
which operates the following department stores: Boston Store in North
no-par-value
effective
The
ponement
lerred
Adams, Mass.; McCallum's in Northampton, Mass.; The Wallace Co. in
Poughkeepsie and Schenectady, N. Y. All but one of the directors and
distributable
cannot
be
entirely or in part to the
stock, dependent upon the
preferred
interest
on
over¬
$4,401,162
value_;
1,000,000
value
"
stock
common
of
date
the
by the court.
and
plan
will be
1949,
subject to post¬
the second pre-
the holders of
of
found
are
not participate
1,
Jan.
without
be
to
in the
value
reorganization.
EARNINGS
YEARS
ENDING
Net
Gross Sales
above stated,
general claims and the equities of the
outstanding first preferred stock may
be
rendered
holders
the
of
without
the allowance of prior claims by the court.
general claims and taxes entitled to priority over
1948
All
31
JAN.
"Earned per *Div. per
CI. B Sh.
CI. B Sh.
Income
$9,931,028
9,796,459
$339,589
482,065
$3.70
8,099,121
280,131
2-61
1.00
7,419,381
1947
1946
243,002
275,499
271,303
2.02
1945
_^.™_
1944
7,168,509
1943
.....
7,166,771
™_™
$1.12 ft
1.00
5.77
lor the
current
dividends
fiscal
$1.12 ft
of
1.00
has been paid and a dividend of
payable Dec. 1, 1948, to holders of
intention
the
of
12'/2c
and to pay a quarterly dividend of
annual extra.—V. 168, p. 2118.
Of this amount, $1
share
a
record
continue
to
management
Nov,
the
has
current
beginning March 1,
25c
declared
been
the present
dividend policy
It is
24.
the
for
be
1949, plus
an
paid
in
cash
with
the reorganized
Seaboard
Provision
share have been declared
a
the
0.50
be
company
reorganization
upon
the
is
Air
Line
made
betterment
reduced
value
First
to
for
and
the
company's property for
is
RR.
the
assumed
which
Cohu
October—
from
Gross
ry.
Net
$1,284,437
$1,118,504
$1,417,708
445,814
281,777
278,435
426,663
246,392
119,695
171,051
194,596
J '
.
railway
railway——
from
—V,
1945
$1,500,653
from
Net ry.
1946
railway.™
oper.
From Jan. 1—
Gross
1947
railway
income—.
Net from
Net
1948
income—,.
oper.
168,
13,440,304
3,659,413
12,095,128
9,991,749
3,574,756
1,745,906
1,620,981
1,835,557
731,021
13,813,925
4,123,322
1,950,135
-
1798.
p.
provided
term of 21 years
a
for.
setting aside of not exceeding $1,100,000
of the railroad, said amount to
funds may not be available therefor
that
property by the Seaboard Air Line RR., in place of the
Seaboard Air Line Ry., that the use of the so-called
as
the basis of accounting by the Seaboard for
the use of the property from Aug.
1, 1946, to the completion of the
debtor's reorganization, will be fair and equitable.—V, 166, p. 855.
receivers
the
of
"Kennedy
formula"
Bonds
—
Offered—An
investment
banking group headed by The First Boston Corp. offered
to the public Dec. 2, a new issue of
$12,000,000 first
mortgage bonds 3%% series due 1978. The bonds were
priced at 102.38 and accrued interest to yield 3.25% to
maturity. The issue was awarded to the group at com¬
petitive sale Nov. 30
bids
Other
received
Shields
The
of
expansion
$5,000,000
in
of this corporation will require expenditures
Aubrey Crabtree, President, said on ^ov. 30 in
program
1949,
a
letter explaining to
a
new
and
Issue
stockholders the company's reasons for proposing
50,000 shares of 4%% $100 par value preferred stock
of
subdivision
of
Summarizing
that the
the
common
over the
last 10 years, Mr. Crabtree said
had spent more than $16,000,000 during this period
equipment' and land acquisition while at the same time
reducing funded
and
bank
capital by $2,000,000.—V.
debt
stockholders
bonus
for
1948
General
to
American
Quarters Ended
"After
1,
for
increasing working
and
Officers' Bonus
on
will
28
of
a
Transportation Corp.—Earnings—
1948
1947
&
at the
Co.,
sale
3%s
as
101.161;
were:
$1,641,637
t$1.45
$1.57
Federal
preferred
taxes
dividends
and
all
Drexel
&
Co.,
101.0899;
contingencies.
stock
tAfter
issued
was
as
of
1947).
The company announces that "it is
expected that
fourth quarter of 1948 will show an
improvement."
provisions thq bonds
subject to
are
redemption
at
prices
ranging
102.38 to 1CG% if redeemed on or after Dec.
1, 1975.
Purpose—Company has made and contemplates making expenditures
of approximately1 $83,600,000 during
1948, 1949 and 1950 for the con¬
struction or acquisition of property.
The net proceeds will be used
by the company to reimburse its treas¬
ury in part for expenditures already made for improvements, exten¬
sions, and additions to its utility plant. In order to finance the above
construction program,
the company will, to the extent available, use
its cash on hand in excess of working capital
(including the proceeds
of the new bonds, $12,000,000 received
during 1948 from the sale of
shares of
common stock and
approximately $2,584,000 received
the sale of the company's gas
properties) and cash
operations In excess of requirements for interest and
dividends., Such amounts will not, In the opinion of the management,
be adequate
to finance all of the construction requirements of the
1948
the
from
company
during the next few
that, based
the
upon
probable
$2,000,000 will
and
1949
the
years.
Officials of the company estimate
the present level of earnings and current expectations
progress of the construction program, approximately
have
to
be
provided
approximately $18,000,000
extent
other
by
means
before
more
before
the
end
the
of
end
of
To
1950.
necessary, It is proposed to issue additional securities of a
in an amount not yet determined.
Aiso, a portion of such
type
and
requirements may be obtained by the company should it dispose
transportation properties in accordance with the provisions of
Its
order 'of
an
the
SEC.
CAPITALIZATION
Redemption of Preferred Stock—
The
4,500
shares
redemption
of
$4.25
Dec.
on
preferred
31,
1948,
will
stock,
be
turers
Trust Co.,
trustee, 55 Broad St.,
linking fund redemption price of $100.7083
General
Electric
Co.- -To
First
series A,
redeemed
called
recently
at
the
Prepay Half of $50,000,000
The
will
Dec. 28, $25,000,000 of a $50,000,000
negotiated in November, 1946, it was
30 by Charles E.
Wilson, President,
Mr. Wilson added that the
company's need for cash 'is not so great
as
it has been.
It is hoped, he
continued, that prepayment of the
remaining bank indebtedness will be possible but stressed that this
will
be
taxes
and
$150,000,000
ance
was
companies
used to
was
factors
such
cash
strike,
borrowed
and
V.
to
Mr.
on
three
meet
corporate
and
Of
losses
the
resulting
$200,000,000,
20-year promissory notes from
at
2.55%.
or
any
Half
part on
the
of
insur¬
11
borrowing
30
days'
years
notice.—
1947
1946
$323,174
$174,299
$349 408
$o.54
$0.29
$0 58
168, p. 45.
General Waterworks Corp.—Files With SEC—
3,000
writers
ner,
&
shares
are
on
Nov. 24
5.10%
filed
a
cumulative
letter
of
notification
preferred stock
with
(par $100)
the
SEC
Under¬
Butcher
& Sherrerd,
Philadelphia; Singer, Deane & ScribBuckley Securities Corp., Philadelphia; Hill, Crawford
Inc.; Southern Securities Corp., Little
Rock, Ark.
The
Pittsburgh;
Lanford
preferred
Common
stock
"Limited
time
in
to
stock will be offered at
par and dividend.
reduce bank loans.—V.
166, p. 371.
Proceeds
will
be
used
to
Georgia Florida
& Alabama
Approved by ICC—
RR.—Reorganization Plan
par)
Net
from
Net
ry.
from
Net
ry.
1,000,000 shs.
433,869 shs.14,570 shs.
3,500,000 shs.
aggregate
further
and
limited
principal
3,250,000 shs.
amount
at
any
various conditions set
by
one
forth
such bonds.
BUSINESS
preferred and
»>
common
stock
the company.
the equity of
—
in
communities
580
in
and
sale
by
Atlanta;
buses
steam
of
and,
in
for
areas;
to 44 municipalities and 36
energy
trolleys and
rural
of
passengers
in
the sale
rural
at
coopera¬
by street railway,
buses
in Atlanta and environs (including Deca¬
Augusta, Macon and Rome; in the production
heating purposes in the main business district
incident to
its electric
business, in the sale of appli¬
ances.
are
found
to
be
buys from and interchanges electric energy with affili¬
companies and the Tennessee Valley Authority.
Company also
interchanges
electric energy with Florida Power Corp. and with Sa¬
& Power Co., and purchases surplus electric energy
County Power Commission.
The territory served directly by the
company has an estimated area
of approximately 49,659 square miles and an estimated population in
excess of 2,400,000.
As of Sept. 30, 1948, the number of electric cus¬
tomers served directly was 379,673.
Electric
vannah
from
Crisp
estimated that the 44 municipalities and 36 rural cooperatives
by the company at wholesale render electric service to approxi¬
mately 185,000 retail customers- in territory having an estimated popu¬
is
served
lation of
10,860
.
approximately 611,000 and
square
Mississippi
which
in
241,765
43,061,000
37.455,000
28,473,000
30,916.000
8,120,672
4,542,877
railway—
6,934,522
2,833,205
371,615
"2,262,764
4,124,306
railway
income™
oper.
628,978
168,
6,368,974
1799.
p.
Granite City Steel Co.—Earnings—
9 Mos. End. Sept. 30—
Net
sales
and
is
in
The
four
area
of approximately
admin,
Southern
River
Co.
also
Electric
Co.
owns
all
which
of
owns
the
outstanding securities
land
Operating
1
$25,275,272
15,838,983
3,190,304
855,609
705,039
312,854
$1,793,608
"$437,626
13,616
$351,846
52,378
$1,845,986
"$424,010
"398,948
—
profit
$4,513,600
'
65,276
income
Total profit
Interest
charges
charges
Federal
income
Net
96,606
713,569
-
47,102
35,029
70,814
199,776
$1,151,381
*$1,197,758
$122,358
382,488
382,488
$3.01
Nil
-
$2,410,650
382,488
$6.30
•
417,000
share
tlncludes
from Jan.
13,787,326
t738.719
203,657
1,746,000
(no par)
stk.
per
"Loss,
73,948
325,620
taxes—
profit
com.
Earnings
-
$4,578,876
Special
shut-down
expense
due to
CIO
382,488
$0.33
st^el strike
general
21, 1946 to March 1, 1946, and International Association of
strike frspm March 15, 1946 through Aug. 11, 1946.
The
Machinists'
latter
strike
settled
was
loss of $1,197,758
will
affect
having
not
and
operations
prior
years'
normal
any
excess
12,
Aug.
profits
paid
materials purchased
raw
resumed
and
the income
surtax
the
only,
^Adjusted
taxes.
special contracts.—V.
on
The
1946.
is subject to the carry-back provisions of
which
laws
tax
168,
to
1145.
p.
Great Lakes Greyhound Lines, Inc.—Note Authorized
—To Be Sold
The ICC
and
flowage
system
furnish
Privately to Insurance Company—
Nov.
on
authorized
17
the
issue
to
company
a
secured in¬
stallment note in principal amount not exceeding $1,980,000 to evidence
mortgage
a
of
loan in
constructing
like amount to be used to pay a part of the cost
a
and office building.
garage
a
Authority
was granted to The Greyhound Corp. to assume obligation
liability, as guarantor, in respect of the payment of principal, in¬
terest, and prepayment charges, if any, becoming due under the terms
and
installment
the
of
note.
f
Lakes operates
Great
States of Michigan and Ohio, is one of
subsidiary companies; and the latter con¬
trols the
Great Lakes
Greyhound Lines. Inc., of Indiana, through
ownership of more than 99% of its capital stock.
The principal of¬
fices, garage, and maintenance facilities *of Great Lakes, and of its
Greyhound's
affiliated
in the
wholly-cwned
company,
located in Detroit, Mich.
are
Recently Great Lakes constructed a modern garage and office build¬
ing on land which it owns, free and clear, in Detroit.
This building
occupies approximately the entire area
the two
of
city blocks bounded
by Lafayette Boulevard and 15th, 17th, and Fort Streets.
It is of fire¬
proof construction, has a total floor area of 238,000 sq. ft., and ill
addition
to providing office space on two floors, has a coach stora'ge
major repair shop, service and maintenance facilities that are of
best, lunchrooms, drivers' lounge and sleeping quarters, and other
facilities.
The entire building is equipped with fluorescent lighting and
has a complete sprinkler installation.
The office portion and drivers'
quarters are air-conditioned.
The cost of the building,
exclusive of
machinery, furniture, and fixtures, is $2,870,000.
The land, on which if
area,
the
has
been
constructed has
construction
and
its
located
affiliated
for
made
has
it
assemble
to
in
possible
for
more
Great
building
one
maintenance personnel that
points throughout the city, and has
prompt and thorough inspection and
various
the
value of $100,500.
building
companies
operating,
at
book
a
such
of
and
the
formerly
provided
r(>pair of
provide funds with which to pay the unpaid construction costs of
the garage and office building, Great Lakes intends to borrow $1,980,000.
After the construction costs have been liquidated. Great Lakes
will own the land and building free of encumbrances except for the
lien of the mortgage that is to be excuted and delivered.
The Equitable
Life
Assurance
agreed
to
rights
electric
Gjept&&, Alabama, Florida and
Society
make
Lakes'
Great
a
note
the
and
of
also
payment
the
in
that
for
the
that
that
the
of
United
of
loan
that payment of the
States,
principal
amount
of
obligation be secured by
The
Greyhound
and
note
the
New
York,
N.
Y.,
has
amount, to be evidenced by
loan, upon the conditions
the
a
mortgage
on
unconditionally
Corp.
performance
of
mortgage.
The proposed
principal
the
all
the
prop¬
guarantee
provisions
-
note will be dated the date of issue and will be In the
amount
of
$1,980,000 payable
to
the order of
The
Equitable
Life Assurance
Society of the United States, in 100 successive quarterprincipal installments, due and payable on the first day of each
quarter-annual period, the first 99 of such principal installments to
annual
be
in
be
in
the
amount
the
will
note
full
of $17,500
amount
bear
of
interest
each, and the last of such installments to-
the
at
then
unpaid balance
of
principal.
The
the
rate of 4%
per annum on the unpaid
payable quarter-annually.
Installments of principal
and interest that are not paid when they become due will bear interest
at
balance,
the rate
The
maker
second
any
loan
regular
of 6%
of
per
annum
of
so
long
as
they-remain due and unpaid.
the
note will have the privilege, commencing with the
and upon notice, of prepaying without charge, on
quarter-annual payment date, on account of the unpaid
year,
principal, amounts not in
prepaying in
excess
excess
of $100,000 in any one loan year,
of said amounts
011
payment date by paying at the same time
any
and
regular quarter-annual
prepayment charge of 5%
a
of
such excess during the second loan year, this charge to decline
for each loan year thereafter until there shall be no
prepayment charge
such excess over $100,000.
All prepayments are to be made in mul¬
tiples of $1,000.
When notice has been given that a prepayment of
principal is to be made, the same becomes due and payable, and the
failure to make the prepayment as specified in the notice will consti¬
tute,a default in the terms of the note, making all sums payable there¬
on
in
and payable
immediately at the option of the holder thereof,
the manner described
Griesedieck
1
50,000
headed
shares
in
the
Western
Offered—Edward
Dec.
Carolina.
utility companies of the Southern
respectively in the States of
_
Miscellaneous
1946
1945
$3,065,531 $14,852,741
1947
gen'l
expenses.
Depreciation
under due
company,
Georgia and South
The
service
an estimated
miles,
Alabama Power Co., Gulf Power Co. and
Power Co. are operating subsidiaries of The Southern Co.
turn a subsidiary of The Commonwealth & Southern Corp.
Savannah
1948
$$30,644,481 $18,337,630
—
Cost of 3ales, sell.,
principal
company
ated
of
726,377
income
"Deficit.—V.
erty,
Company was organized in Georgia
engaged, within the State of Georgia, in
electric
of
and
tur),
It
1,067,795
1945
$3,172,000
621,341
282,471
To
170,500
outstdg.
associations; in the transportation
trackless
the
1&46
$3,687,000
motorbusses.
cumulative—
par)—
securing
AND
retail
at
wholesale
of
Dish-
the
1—
from
Gross
Net
1947
$4,087,000
645,441
$4,979,000
railway
oper.
facilities
10,000,000
12,000,000
26, 1930.
Company is
generation and purchase of electric energy and its distribution and
tive
for
rights
RR.—Earnings—
1,373,395
railway
Jan.
From
was
(matur¬
shares
June
sale
sales
exclusive
Jr.,
1948
from
administrative,
Outstanding
$101,271,000
—]
_}■
J
l, 1977
1, 1978
$1,000,000,000
mortgage
(Del.).
Thlhff^£<0n Nov. 23 approved a reorganization plan for
Si bolder# of the of the plan wlu be Jan- 1. 1949 and
i,li^ l!Ve, t
the
second
secured
kitchen
James Gerity,
October—
Gross
Lakes
FINANCING
500,000 shs.
CONTROL—The
worthless.
1971
—
(no
outstanding
the
HISTORY
and
(& Subs.)—Earns.
1948
share—
The company
for
$5
(no
433,869
PRESENT
The company has electric energy arrangements with affiliated com¬
panies and the Tennessee Valley Authority. Under such arrangements,
3 Months Ended Sept. 30—
Net profit after Federal taxes
per
stock
preferred,
the
program
2225.
p.
Earnings
future
expansion
General Precision Equipment
Corp.
—V.
of
bank loans obtained in
May, 1946.
was borrowed from banks for five
remaining $50,000,000
the privilege of
prepaying all
168,
nature
declared.
Wilson
trustees
repay short-term
The
with
the
as
financing
additional
nine-week
a
by
ago
needed
from
on
developments which may increase operation costs.
this company had a $200,000,000
any
years
series due Dec.
Preferred
Nov.
influenced
and
Two
prepay
bank loan,
1%%
on
series due Dec.
3%%
$6
company
five-year
TO
Authorized
series due March 1,
Property purchase obligations
ing 1949 to 1969)
Bank Debt—
announced
EFFECT
Mortgage Bonds—
3%%
Manufac¬
York, N. Y.( at the'
share.—V. 168, p. 2225.
GIVING
3 V2 %
New
per
modern
a
spout.
A simple operation converts the whole into a dishwasher.
The unit is assembled by the Dishmaster Corp. and turned over to
Gerity-Michigan Corp, for distribution.
Approximately 15,000 units
already have been installed throughout the country.
The product
retails at $39.50.—V. 168, p.
19C2.
The
for
has
corporation
dishes,
from
received
of
earnings for
300,000
100,000
sink fixture for quick and easy washing
President, announced on Nov. 30.
The corporation
for some time has been manufacturing parts for
the
Dishmaster,
which
replaces old
faucets with a modern
swing
of
Harriman
cash
(preferred
300,000
*
Morgan Stanley & Co.,
from
of
$1,682,773
share
tion
in
.—
Gerity-Michigan Corp.—To Sell "Dishmaster"—
This
include
Dec.
750,000
—
consider
Sept. 30—
depreciation,
($159,375)
$8,000,000,
approving payment
key managerial employees.—V. 167, p. 2685.
•Net earnings
Earnings per common
Nov.
Dec.
on
by
161, p. 985.
Gabriel Co.—To Vote
The
stock.
operations
company
plant,
on
Ltd.—Plans New Preferred Stock
as
$5,900,000
2,400,000
2,400,000
600,000
-——.
Co
company
its bid of 101.45.
on
100.927; Halsey, Stuart & Co., Inc., 100.57.
1, 1948; due Dec.
1, 1978.
Redeemable at 106.38 if
redeemed prior to Dec. 1, 1949, and thereafter at
prices scaling down
to 100%, if
redeemed on or after Dec. 1, 1975. Under special redemp¬
Dated
Split-Up Common Shares—
&
master,
debtor's
the
101.412;
Companies,
Issue—To
Corp
by
Ripley & Co., Inc.,
Fraser
are
Varnedoe, Chisholm & Co., Inc
—V. 168,
p. 2225.
they
rehabilitation
extent
Georgia Power Co.
Ry.—Earnings—
Boston
Sterne, Agee & Leach
Shrs.
Fort Worth & Denver City
the
and
underwritten
bonds
Lynch, Pierce, Fenner & Beane—J
White, Weld & Co
Robinson-Humphrey Co
the mortgage
or
relative priority
same
after
all
other cash
requirements of the reorganization have been
provided for.
A finding is made, not as
part of the plan of reorganization, but in
response to a provision in the court's order authorizing the operation
of
underwriter
principal
new
have.
A lease of
2.44
will
reorganized
now
•
2.51
beginning Feb. 1, 1948.
year
the
to
•Adjusted to reflect above split-up effected in December, 1947; not
adjusted for presently proposed sale by the company of 6,000 shares.
DIVIDENDS—Total
debtor
the
of
1.00
-
the
The
the
and
For reasons
through
OF
each
of
500,000
10.000 shs.
The equity
stocks
common
thereof will
holders
offi¬
or
of
name
amounts
Grand Trunk Western
Plus
of
SUMMARY
The
$5,901,162
district.
principal officers of Consolidated Dry Goods Co. are directors
cers of Forbes & Wallace,
Inc.
principal
follows:
go
interest and
par
companies.
PURCHASERS—The
-
be
;
par
preferred stock,
properties of the four utility companies are coordinated by
& Southern Corp. (N. Y.), as the common agent
respective
mentioned.
interest
preferred stock,
Second
such
of
operations of the generating and transmission facili¬
The
the
Commonwealth
Merrill
stock is available for distri¬
will
It
mortgage debt, with
due
COMPANY—Company operates
of
debtor's
remaining 2,500 shares of the
working capital.
ment
holder
„
•Excluding shares in treasury.
PURPOSE—The
the
to
present
capitalization
and
mortgage
debt to
Dec. 31,
1947,
assuming that interest is payable on unpaid bond interest (a question
not yet determined) is as follows:
First mortgage and refunding 6% bonds
:
$1,750,000
Unpaid simple Interest on the bonds
1,776,250
Unpaid interest on overdue interest on bonds
874,912
"Outstdg.
60,000 shs.
par)
stock
ties of
outstanding bonds $360 of cash, $700 of
bonds, $600 of new preferred stock, and five shares of no
holders
Mississippi.
The
The
60,000 shs.
-
the
disposition
Authorized
A
be
1,125,000
distributed
be
common
court
1948
31,
will
$1,225,000
may
be absorbed by the claims of the
bondholders in the event interest on unpaid bond Interest is allowed
by the court; it may go entirely or In part to satisfy general unsecured
claims, dependent upon whether any such claims are allowed by the
stock offered by the company and 4,000 shares of¬
fered by five stockholders.
AT
captialization
new
principal
determined
ury
AS
the
Monday, December 6, 1948
follows:
as
stock, 11,250 shares (no par), stated at $100 each
of
bution
Springfield,
CAPITALIZATION
reorganization
CHRONICLE
will
There
income
Forbes &
FINANCIAL
mortgage 4,£%
Common
be
Willis.—V.
of
plan
composed
&
income bonds, partly cumulative
Preferred stock, 5%, 10,500 shares
(par $100)
filed a letter of notification with the SEC
common stock,
to be sold to Willis Air
used for the continued use of two air¬
15
par)
Proceeds
craft owned by
Class
the
Under
Flying Tiger Lines, Inc., Burbank, Calif.—Files With
SEC—
for
COMMERCIAL
an
of
D.
note.
Brewery
Jones
Stock
Co., St. Louis, Mo., on
underwriting syndicate which offered
5% cumulative convertible preferred
stock at par ($30).—V. 168, p.
t
Co.—Preferred
&
2225.
:
Volume 168
Number 4757
THE
Gulf Insurance Co., Dallas, Texas—Files With SEC—
The
for 10,000 shares of common stock (par $10). The stock will be of¬
fered for subscription by stockholders in ratio of one new share for
each
12
shares held at
$27.50 per share.
On rights not exercised
stock
will
Proceeds
sold
be
will
to
public
used
be
$30 per share without underwriting.
capital and surplus funds.—V. 166,
at
increase
to
FINANCIAL
&
CHRONICLE
EARNINGS FOR THE QUARTER ENDED SEPT. 30,
,
Net
receipts
from
Operating
Other
sales——
ore
Operating expense
' $315,648
,>
L
—
225,107
<-
income
$90,540
income
Total
175,855
Gulf Mobile
& Ohio RR.
October—
Gross
Net
Net
ry.
Taxes
1945
1,002,257
663,609
388,680
115,701
67,248,304
17,920,701
60,501,330
52,992,611
from
Net
ry.
railway
railway
15,200,569
6,544,797
5,799,971
*628,701
6,275,499
income-—
oper.
•Deficit.—V.
profit
Capital shares
Earnings
per
p.
,
outstanding—
share-.
2579.
INCOME
Net
Provision
volume
after
for
Net
-
SEPT.
i,ooo;ooo
:
$0.21
;
Hershey Chocolate Corp. (& Subs.)
Sept. 30—
"
v
1947
Gross
30,
to
income
taxes
2,972,572
fund
817,502
each
operated in the
ended Sept. 30, 1943 at the highest volume in its history.
reports indicate that service jobs performed in October
months
Preliminary
exceeded
Erie
the
the
of
company's
65,183,298
+
15,386,332
17,050,478
7,697,144
35,792
519,300
393,648
15,422,124
Other
from
17,578,778
(net)
income
income
taxes
fourth
Common
Chairman
Halliburton,
volume
quarter
of the Board, estimates that the
this year should equal the average
three quarters.—V.
preceding
168, p.
847.
490,000
'2,928,569
2,000,000
dividends
shares
Period End.
(& Subs.)—Earnings—
$683,548
11,302
7,689
19,600
6,017,778
$452,782
$703,148
$621,634
203,021
185,878
270,319
247,821
22,949
15,503
29,946
22,073
_
Maintenance
■i
'
drilling
expense
Abandoned
Prov.
well
productive
-
for
—
761,532
2,314,425
2,485,840
2,770,406
2,542,756
2,057,250
2,057,247
685,749
$3.20
outstanding
$2.46
8,970
General taxes
679
8,145
679
104,792
126,373
37,905
47,417
148,512
54,708
18,000
35,940
'
Federal
income
other
&
7,500
taxes—
income
Gross
Int.
11,666
6,758
94,680
leases
depre. & depl.
31,650
i.
$115,449
$96,359
35,309
r
$180,329
34,440
—
46,047
deducs—
$118,174
47,312
E.
has
chemicals
-V.
income—
168,
$134,282
$61,049
$81,009
$70,862
2225.
p.
California—Earnings—
3 Months Ended Sept. 30—
Gross
operating
Intangible
costs
develop,
&
$3,632,576
7,555,966
2,535,743
383,714
293,941
385,264
121,235
127,836
■-
Depreciation and depletion
tProv.
'
Plans
to
income
23,866
$809,307
intensify
programs
and
$913,336
operations-
305,000
received
—
$913,336
$1,236,807
$888,733
share of capital stock—
$3.59
$5.05
$3.74
income
Net
per
materials, operating, selling and administrative ex-,
penses, state, county and Federal taxes.
tOn June 23, 1947, the U. S. Supreme Court ruled that the Federal
government possesses paramount rights in the California tidelands.
This ruling might affect the company because of its investments in
Long
Beach Oil
Development Co.
and Southwest Exploration Co.
(both
of
which
companies
operate
California tideland properties)
■
•Including
and
as
a
raw
result
of
direct
its
in
interest
a
tideland
lease.
Because
of
situation, no dividends were paid by these
companies during the three months ended Sept. 30,
1948.
Income
from the interest in the tideland lease amounting to $23,866 during
the
uncertainty
that
lease
has,
the
amounting
income.
fiscal
since
June
last
income
and
from
year
from the
interest
in
the
tideland
in
1947, were excluded
30,
excluded from income.
dividends on the
above
and $14,935 respectively, were includd
the determination of net income for the
June 30, 1948, all dividends on these investments
the direct interest in the tideland lease, received
ended
year
period
Harbison-Walker
from income,—V. 168, p. 151.
Refractories Co.
(&
Subs.)—Earns.
1948—3 Mos.—1947
1948—9 Mos.—1947
•Net earnings
$1,408,372
$1,178,182 $3,593,600 $3,449,244
tEarns. per com. share
$1.02
$0.85
$2.59
$2.48
•After
deductions
for
depreciation, depletion,
estimated Federal
and State income taxes and after $90,000 for possible future inventory
Period End. Sept.
first
nine
months
and
1948
$400,000
30,
of
1947).
tBased on 1,334,995
outstanding,—V. 168, p. 1145.
stock
30, 1948 ($440,000 for the
for the nine months ended
shares of no par value common
Sept.
quarter ended
decline for the
price
(William H.) Harman Corp.—Files Voluntary Petition
of Bankruptcy—
The corporation, manufacturers of pre-fabricated houses, on Nov. 29
filed a voluntary petition in bankruptcy in U. S. District Court at
Wilmington, Del.
Additional time was asked for preparation of a
complete schedule of debts and assets.
Judge Paul Leahy appointed T. A. McCosker of Narberth, Pa., Treas¬
urer
of the corporation, and William E. Taylor, an attorney of Wil¬
mington,
as
the
business 40
addition
Howard, attorney,
of
debts
on
behalf of the corporation by Edward
asked for further time for submitting a schedule
creditors
assets, there was included in the petition a
and their addresses and showing debts totaling
No assets
were
The
and
list of all
$1,741,928.
issued
a
through
William H.
—V.
board,
the
announcing
the
filing
of
the
Steel
Corp.—New President Appointed—
12l/2
cents
on
March 24.
1948, compared with 75 cents
and
makes
a
total of $1.07 Va
in 1947.—V. 167, p. 2467.
paid in
317,917
316,985
$223,290
$203,825
$1,697,876
$1,495,049
income-
7,608,331
,
6,578,767
1,407,135
2,198
2,354
19,111
14.815
$225,488
$206,179
$1,716,987
$1,509,864
•
income
1,618
1,499
15,608
45,936
46,832
462,610
16,755
464,730
$177,934
$157,848
$1,238,769
$1,028,379
charges
63.26
63.32
68.28
67.14
54,672
Indiana Harbor Belt
Railway
Railway
oper.
51,519
534,634
489,528
Net
-
oper:. expenses
ry;
RR.—Earnings—
1948—Month—1947
1948—10 Mos —1947
$2,191,331
$1,961,278 $19,587,181 $17,367,852
1,636,828
1,553,890
15,707,645
14,257,65.)
revenues
Net rev. from ry. oper.
$554,503
•
$407,388
,
Total
107,854
937,306
220,083
2,401,234
*$180,048
$79,451
4,000
4,332
$540,996
44,457
$184,048
income
oper.
income
$83,783
$3,110,193
1,069,849
1.672,300
$585,453
i
Miscellaneous deductions
fixed
$3,879,536
99,204
275,251
-
Other income
Total
,
Halley.
Net
•
■-
$368,044
46,976
$413,020
3,271
3,389
30,936
33,974
47,687
41,612
447,019'
414,830
$133,090
$38,782
$107,498
•$33,784
charges
income
•Deficit.—V.
168, p. 2000.
broader markets because of a more stable economy and
consequent continued higher level of purchasing power,"
Mr. Brewster, the new Vice-President in charge of sales, disclosed
that
and
the
company
months
18
and
and
to
training,—V.
double its sales forcg within the next
field organization for field management
2558.
expects
set
up
166, p.
International Rys. of Central
Period End. Oct. 31—
Ry.
oper.
Net
rev.
avail,
—V.
168,
Gross
Sept. 30—
House
23,470,892
profit
—
22,677,501
$7,601,750
administrative expenses
$8,701,444
rentals, real estate and personal property
1,925,464
1,859,911
1,651,383
profit
income,
non-recurring
profit (net)
Common
shares
outstanding
Earnings per common
$2,974,267
$4,300,246
1,600,177
$1.70
1,624,002
Gross
In
revenue
a
income
Total
for the
same
(A.) Hollander & Son, Inc.—Omits Dividend—
Nov.
29
ordinarily payable on
had
took
action
no
in
or
about Dec.
15.
quarterly to and including Sept. 14, 1948.
With the
of 25 cents made on Jan.
6, dividends this
year
amounted to $1 per share, the same as paid in 1947.—V. 168, p. 1362.
Finance Group, Inc.
Charlotte, N. C.
—
Files
With SEC—
The
for
company
shares
9,920
Nov.
of 6%
on
offered at par without
funds.—V.
16 filed a letter of notification with the SEC
cumulative preferred stock (par $25), to be
Twelve Months Ended Sept. 30—
before taxes—
;
Earns,
per
-
•
After
shares
to
111948
$510,473
$1947
$1,474 223
$574,583
$3.38
$2.59
75,000
of
$191,655
$1.00
$0.86
share—
221,740
221,740
'
loss relating to
or
investment in and advance
British subsidiary is included in the net earnings
1948 and 1947.^-V. 168, p. 1146.
Ltd.,
-
Investors Management Fund, Inc.—510
The
directors
payable Dec.
cents
each
on
24
Dec.
1
declared
to stockholders of
made
were
during
the
on
April
present
a
dividend of
record
15,
year
Dec.
July 15
will be
Distribution—
cents
51
Oct.
and
15,
cents
90
share,
per
Distributions of
10.
last.
13
Total
share,
per
as
Iowa Southern Utilities Company of
Period Ended Oct. 31—
Total
oper.
Oper.
exps.
Other
$6,123,975
4,096,647
3,396,658
26,225
363,675
431,400
58,728
863,361
697,160
44,000
44,000
528,000
524,000
$84,774
retirem
$6,909,744
318,484
79,344
Net oper. earns
Other
1948—12 Mos.—1947
359,537
main
taxes
for
Del.—Earnings-
$521,159
29,275
&
taxes
Prov.
1948—Month--1947
$596,930
revs
$73,722
$1,058,061
$1,074,756
income
1,609
2,256
$86,384
$75,979
$1,079,184
$1,104,257
42,373
37,577
496,281
449,725
5,628
6,694
68,545
102,843
$38,383
outstanding-,
earnings
$31,807
$514,358
$551,688
$1.43
$1.54
21,123-
29,501
bonds
on
of
debt
& other
dis.
&
deduc._
§1946
$596,067
201,887
5G7,917
284,334
$905,3)1
Net income
$311,733
238,680
$0.81
preferred dividend requirements,
<
241,805
t Includes
229,645
$0.86
$3.27
income
of
Earnings
Iron
share of
per
168, p.
common
1800.
Fireman
stock
'
Manufacturing
Co.- -Voting
Trust Ex-
tended—
Rotem
1947 to Sept. 30, 1947 of H. L. Hildreth Co. and Phoebe Phelps
Caramel Co., Inc., subsidiaries, which were acquired by Huyer's on
May 8,
May 8, 1947. The Metro Chocolate Co, Inc., was merged with Huyler's
on Sept.
30, 1947, effective as of Aug. 31, 1947; and on Oct. 15, 1947
name
$750,916
221,740
$222,212
221,740
provision
Intertype,
exp.,
Realty Corp. for entire period and income of Metro Chocolate Co., Inc.,
for 11 months and is after allowing for a loss of $26,766 fcr period
the
com.
NOTE—No
Amort,
$308,586
;
profit
Common
45,000
25,000
earnings
Common shs. outstdg
Net
Profit
taxes
45,000
British sub
Int.
income
484,000
15,000
underwriting. Proceeds will be added to working
165, p. 2798.
Huyler's (& Subs.)—Earnings—
Federal
$1,178,583
554,000
15,000
against 65 cents in 1947.—V. 168, p. 1903.
payment
Home
82,236
$393,654
162,000
$1,349,916
166,000
taxes
7,534
$1,126,034
52,548
the
quarterly dividend
Distributions of 25 cents each
on
made
been
extra
$1,267,680
28,862
Reserves for conting
Reserve against
invest,
payment
on
1,031,542
$386,120
$2,212,895
55,319
quarter in 1947.
last year the corporation realized a large non-recurring
profit from the sale of the Hilton Hotel in Long Beach, Calif., that
added $699,782, or 43 cents a common share to the 1947 third quarter
earnings.—V. 168, p. 742.
August
directors
1,223,168
$2,559,369
$403,212
(net)
income
as
share
68,521
340,115
$374,349
Profit
income
53 cents
18,440
383,303
adm. exp.
Net
for the quarter ended Sept.
30, 1948, amounted to
compared to $9,781,515 for the same quarter a year ago.
for the quarter was $877,140, or 51 cents a. share on
common
stock
after
allowing for convertible
preference
dividends.
This compares with earnings from normal operations of $972,402, or
Net
1948—9 Mos.—1947
$744,675
on
before
$9,901,970,
$2.41
305,442
$780,483
22,830
Sell, and gen,
t$2.45
tBased
deducting $276,404 income tax applicable thereto,
non-recurring profit, earnings per share are $1.84.
•After
income
—
share
$2.46
1948—3 Mos.—1947
profit
Depreciation
Provision for
—-
$4.08
outstanding
$1,495,410
Intertype Corp.—Earnings—
•991,795
:
$927,154
305,442
$1,044,672
305,442
$3,308,451
—
income
Net
568,256
$1,537,718
-
Gross
2,030,765
$2,974,267
profit
before
Non-recurring
640,283
Earned per common share—
Other
Net
Oct. 5, '46
$1,684,955
942,472
(estimated)
shares
4, '47
$2,480,190
1,502,317
1,829,421
——
-Earnings—
Oct. 2, '48
Oci.
,
Period End. Sept. 30—
taxes, insurance, interest, etc
Depreciation and amortization
2,269,12=
—V. 168, p. 744.
765,138
$8,380,535
Hotel
2,626,67*i
1,133,655
$7,936,306
778,785
rentals
Store
1,450,025
123,485
taxes
Common
$31,072,642 $30,613,807
revenue
Operating and
158,403
4,215
Operating income (estimated)-
Net
1947
1948
«
35,031
.
40 Weeks Ended—
Hilton Hotels Corp.—Earnings—
1948—10 Mos.—1947
$991,778 $11,070,758 $10,903,96f
207,432
2,029,535
3,507,238
2226.
p.
Interstate Bakeries Corp.-
to
a
„
fixed
,
income
Federal
9 Months Ended
56,098
oper.
for
charges
Net
$955,810
ry.
America—Earnings—
1948—Month—1947
revenues
from
Income
-
the progress of the company which tdflay enjoys an an¬
of $27,000,000,
Ray Hickok foresaw
"continued
•Earnings per common share
Secretary, has been appointed
.President, succeeding Wilbert Wear, resigned, who will remain with the
company in a consulting capacity.
The directors have declared a quarterly dividend cf 40 cents per
share, payable Dec. 21 to stockholders of record Dec. 7.
This com¬
pares' with 30 cents per share paid on Sept. 24, 25 cents on June 23
1,519,014
27,868
168, p. 2120.
—V.
Joseph T. Simpson, Vice-President and
and
ago.
volume
sales
Net
Harrisburg
180,484
to
167, p. 154.
Declares 40-Cent Dividend:—
711,655
212,736
47,189
Railway tax accruals
Equip. & joint facil. rents
of
Reviewing
nual
Harmah,
bankruptcy
petition.
He said that, among other things, "we attribute the com¬
pany's failure to its inability to overcome the complexities of distribu¬
tion and the difficulties of financing sales and erection.
Production
and consumer acceptance of our houses has never presented a serious
problem. In fact, close to 400 have been shipped into 20 states, also
to South America, Alaska and Hawaii."
The petition says the Harman plant is located on premises owned
by the United States and occupied by the petitioner under an arrange¬
ment with the Navy Department.
It also is stated in the petition that
the "petitioner is presently in default in payment of rental, and repre¬
sentatives of the Navy Department have threatened to take possession."
of
831,841
oper.
Income
statement
expenses-
Period End. Oct. 31— '
2119.
listed in the petition.
corporation
Chairman
p.
were
,
Although the petition filed
G.
years
Higher—
accruals—
Net income
of manufacturing; T. M. McDermott, as Secretary and Treas¬
urer, promoted from'Comptroller and Assistant Treasurer; George Cain,
as
Vice-President in charge of finance;
Ray C. Brewster, as VicePresident in charge of sales;
Earl C. Nelson, as Vice-President in
The
receivres.
12,704,738
charge
30—
-
Sept.
168,
the
company
been
reason,
same
$427,500
to
However,
income
and
for
investments
mentioned
in
the
corresponding
period
During
the
of
17,101,495
of Ray
growth
Earns,
1,500,017
Operating ratio
Including depreciation.
new
industrial
and
products.—V.
grocery
broaden
this
of
21,694,162
8,989424
deductions
Fixed
Ray Hickok, these new officers and directors were
elected at the board meeting on Nov. 26; Alan O. Hickok, as Executive
Vice-President and General Manager, promoted from Vice-President in
$583,733
427,500
from
Rumford
of
vacancy of the late Ebon
Net
Dividends
products
grocery
the
sales, merchandising and ad-announced following the
Hickok as Chairman of the board of directors, and of
other
officers.
Mr. Hickok
continues as President,
which post he
assumed in 1945 upon the death of his father, S. Rae Hickok, who
vertising
charge
decision
"Tidelands"
from
direct
production; A. Donald Brinton, as Corhptroller, promoted
from Assistant Comptroller; and Morris Levy, as a director to fill the
arising
contingencies
for
:
$8,780,449
prov.
abandonment
for
1946
$12,511,882
11,083,264
107,702
———
will
Hickok Manufacturing Co., Inc.—Expansion Seen—
In
1947
1948
income
operating & general exps—
•Costs,
produced
He
plant in Rumford, R. I., and serve as President of the
whollyrowend Heyden subsidiary, which will handle
a
distribution
8,605,504
Vice-President—
a
Vice-President.
a
which
25,706,999
879,991
1948—Month—1947
1948—10 Mos.—1947
$1,315,056
$1,123,832 $11,143,138
$9,797,936
.
revenues.
Co.,- a
and
founded
Hancock Oil Co. of
at
Rumford
sales
elected
2,380,008
848,173
payable
ry.
Misc.
Marshall, President of the Rumford Chemical Works since
been
Division
election
Net
Net
t$5.67
Heyden Chemical Co.—Marshall
Albert
3,109,764
Other income
—V.
1938,
80,193
2,261,591
tax
Total
from
the company's
quarterly
reports.
tNot stated.
2,057,247 shares, these earnings per share are $1.89.—V. 168,
on
1,285,914
83,050
1,542,936
4,464,653
1255.
p.
Rumford
11,666
•
,
$611,284
.
1,350,997
7,044
for
Period End. Oct. 31—
4,847,224
761,532
10,350
income-
Total
Operation
$445,093
$486,297
Non-operating
Non
tBased
$474,995
144,981
6,706
2*226.
p.
Ry. operating
Ry. operating
*Compiled
✓
1948—12 Mos.—1947
1948—9 Mos .—1947
Sept. 30—
Operating revenues
20.488,441
income
188,
Railway
761,529
divids.
stk.
Surplus for period
Common
2,947,258
24,439,052
142,301
available
Net rents
Earns, per common share—
Hamilton Gas Corp.
4,500,000
net profit, transferred
preference
* 2,562,331
Illinois Terminal RR.—October Earnings
315,000
6,571,000
7,540,607
Convertible
Net
—V.
8,090,792
373,452
ventory price decline
Balance of
404,048
2,242,071
fixed charges
Fixed charges
for future in¬
res.
287,459
2,974.169
inc.—
ry. oper.
Income
5,508,065
tax,.
Appropriation to
3,094,087
„
-
operations.
income
Federal
operations
service
previous month.
any
P.
company's
of
t
year.
divisions
nine
82,242,776
104.206.884
Pennsylvania
earnings for the
first nine months of 1948 equalled $3.89
per share compared with $2.91 for the year-ago period, with per share
earnings being calculated on the same number of shares outstanding
All
119,593,216
$5,101,257
profit
Net
in
allowance
Profit
$
16,563,068 167,636,334 150,905,853
2,956,948
26,988,722
24,975,612
Misc. deductions
$
.
$
18,193)321-
returns
Cost of goods sold, shipping, selling,
1948
8,891,331
employees
sales, less discounts,
and
1948—10 Mos.—1947
$
22,166,135 221,626,439 199,317*164
Other income
►1946
'
„
24,549,036
(net Dr)
Net
Earnings Up—
1948—Month—1947
Ry. operating revenues.
Ry. operating expensesRailway tax accruals
Equip, and joint facility
-Earnings-
1948
$39,734,552
T
charges
Federal
Contributions
NINE MONTHS ENDED
FOR
ACCOUNT
sales
income
$210,187
...
$
Service
Period End. Oct. 31—
rents
p.. 1902.
168,
167,
—„
9 Months Ended
Halliburton Oil Well Cementing Co.—Earnings—
;
Ulinois Central RR.—October
.5,209.
51,000
,
18,624,868
7,779,773
—
depletion.
(est.j
Net
—V.
from
Net
and
63,028,390
796,065
From Jan. 1—
Gross
Holbrooke
Candies, Inc., a subsidiary acquired on Feb. 5, 1948, of $30,686 after
taxes, and the income of Drury Lane Chocolates, Inc., a subsidiary
incorporated March 26, 1943, of $7V066 after taxes, also the income of
H. L. Hildreth & Co. and Phoebe Phelps Caramel Co.,
Inc., of $8;998
—V. 168, p. 1582.
$266,396
accrued
§ Includes net Income of $13,628 of Metro Chocolate Co.,
Inc., and
$
$5,716,789
1,842,673
$5,561,326
1,167,601
$6,873,977
income
oper.
Depreciation
1946
1947
$7,220,591
2,191,358
railway
railway
from
-Earnings—
1948
from
income
f
Rotem Realty Corp., representing net Income of these subsidiaries
from
date of acquisition on May 29, 1946. (Included the income of
1948 '
2558.
p.
(2325)
Inc.
Hecla Mining Co.—Earnings—
15 filed a letter of notification with the SEC
Nov.
company on
COMMERCIAL
of Rotem Realty Corp. was changed to Metro Chocolate
Co,
The
for
the
voting
no
extended
to
trust
par
agreement
common
stock
under
of
which
voting
this corporation
trust
certificates
are issued
has been;
Dec.
1958, effective Dec. 1, 1948.
On the latter date
the
present
trust certificates were removed from unlisted
trading privileges on the New York Curb Exchange and certificates
for
the
1,
voting
common
stock
under the
agreement
were
trading privileges in substitution.—V. 167, p. 1588.
admitted
to
unlisted
Jack
Charles
Joined
R.
Kohnstamm
has
Hess
addition
—V.
to
168,
assuming
his
duties
new
as
1903.
p.
'
Nov,
payable
Jan.
3,
to holders of record
1949,
Dec.
many
so
dual-fuel
introduced
has
21V2-inch
2-cycle,
new
a
Period End. Oct. 31—
Taxes
10.
special distribution of 60 cents per share was made on Jan. 3, 1948,usual quarterly dividend of 93% cents per share on the 75,000
shares of 3%% cumulative preferred stock was also declared, payable
1,
1949
holders of record
to
1949.—V.
18,
Jan,
168,
Lindsay Light & Chemical Co.—Earnings—
The
corporation
Wilbur E.
with
24
Nov.
on
Howett
Chgo.
Earned
negotiations
and
of
conclusion
announced
Net
—V.
in Franklin Park,
Edgar F. Kaiser, Vice-President and General Manager, said that
land area is sufficient to permit building expansion as required.
The warehouse
will serve as a
centralized. distribution center
for
facilities
will
■"Net profit
Capital
the
*
for
at
space
Willow
for
Run
Federal
effect
Net
from
Net
ry.
123,687
102,008
126,794
Net
59,943
3,103,945
1,806,832.
1,241,650
807,671.
562,611
N.
897,247
*
"
-
corporation
cents
share
a
a
share
a
Series
ord at the
close
of
The
for
company
shareholders
five
each
Nov,
a
them
held
used
to
to
purchase
capital improvements.—V. 168, p.
share
one
of
-majority of the stockholders voted
shares of $1.20 cumulative
a
Operation
the
borrowed
company
,
credit agreement with five banks dated June
ing
notes
been
outstanding
added
to
$7,500,000
to
working capital.—V.
under
11,
Nov,
on
proceeds
The
Gross
from
Net
Net
ry.
railway.
railway
from
$513;519
301,882
102,713
202,650
170,864
Net
from
Net
ry,
railway—
railway.
—V.
3,343,005
1,474,160
1,670,650
795,377
'925,664
1903.
p.
company
1,954,991
1,000
shares
Nov.
of
filed
19
stock,
common
Underwriter, Loewi & Co.
capital.—V. 168, p. 2226.
letter
a
Langendorf
17
shares
500
Nov.
of
a
to
Proceeds
535,808
1,358,976
278,654
738,441
offered at $60.50
be
be
used
'
The
no
removed
were
Nov.
on
class
par
29.
from
Nov.
15,
converted
tive
in
1948.
into
Each
and
into
at
the
with
and
share
of
Hofman
stock
New
and
view
Under
and
of
York
par class "B" stockCurb Exchange opening
9, 1948, these issues
company's reclassification plan effective
plan each share of class "A" stock was
exchangeable for
one
share- of
is
the
exchangeable
for
stock of the company.—V.
two
168, p.
share
a
corporation's
class
shares
$25 par $1.80
new
of
new
"B"
of
$1
stock
new
par
$5,687,499
$4,854,385
1,227,755
1,771,690
1,632,421
*
per
$2,451,494
75,000
732,012
output
1,176,146
this
of
100,000
$1.00
par
common
976,016
1,629,775
' 976,015
1.563,837
kwh.
32,412,000
18.2%,—V.
increase of
an
1948—3 Mos.—1947
Gross
Net
Net
1948
from
railwayrailway-.
from
ry.
From
'
1945
$271,092
$280,363
1948,
for
168,
55,244
83,367
27,082
8,745
28,066
12,631.967
from
Net
ry.
1,000,000
2,500,000
2,522,653
2,273,509
2,587,730
$2,343,947
$10,131,967
1,023,431
*
695,051
594,969
808,066
184,336
183,375
,
$9.90
1948
from
Net
from
Net
ry.
railwayrailway
Dec.
shares
1
no
on
par
of
be
to
increased
value
issued
in
the
to
400,000
exchange
$646,498
$571,969
440,228
4
$824,125
373,354
249,703
179,414
254,158
205,652
144,498
105,273
7,611,741
6,137,291
5,540,287
2,948,949
Net
ry.
2,214,529
1,676,513
—V.
.
income-..-
oper.
168,
1,259,411
989,636
757,069
No.
each
$3
par
the
of
v
Lehigh Valley RR.
-Earnings—
October—
Nqt
ry.
%Yom
Gross
as
1946
1945
$6,219,405
$5,800,712
1,166,169
1,138,077
1,323,181
478,111
739,415
564,761
60,497,841
55,500,326
67,143,878
13,654,196
10,654,595
9,799,464
14,373,996
7,717,430
4,216,724
4,162,337
4,361,538
$7,195,214
;
1,883,530
income—
from
ry.
railway
railway
.
oper.
income
retain
a
Vice-Presidency Created—
Robert P. Elder, now Vice-President in
charge of consumer research,
been appointed to a
newly-created position of Vice-President in
Has
Charge or affiliated companies. He will
*'
of
effect
to
record
approved
shares
Dec.
;
each/
191,978
of
the
additional
one
two-for-one
and
Co.
two
of
shares
to
of
change
$50
the
preferred
Dec.
on
issuable
and
in
1- approved
stock
preferred
par
the
listing
shares
.
r
/«.
■
'
'
f
assume
<..
■
■
.
his new
1
-
duties
'
•
Dec.
•.
15.
for
its
stocks.—V.
presently
168,
p.
1483.
(& Subs.)—Earnings
V
1947
1946
$2,060,676
$1,714,401
200,000
200,000
shares—
$1,910,676-
$1,514,401
566,200
/■
■.
Book
it
on
its
568,400
paying.
p. ;1584.
name
the
$3.36
$2.66
wholly
:
Inc.,
a
purchased
shorthand
and
the
and
wholly
other
.'
owned
Gregg
572,000
...
$2.00
V
,
corporate
were
British
on
business
Co., pub¬
subjects.
Gregg
identity,
and
will
Gregg
College
corporations,
The
be
.
.
the
in
t
Net
from
ry.
chgs.,
«
111./,
Gregg
p.
Publishing
1364.
from
ry.
—V.
p.
1948
'
""1947
1946
of
the
taxes.
period
the
of
been
this
on
designated
of
and
and
which
route.
by
period
same
between
to
of
services
services.
revenues
amount
mail
the
•
7/
months
nine
materials
and
route
a
reported
first
for
labor,
operated
its
periods
Tulsa
and
earnings
the
to
company
The
rate
Civil
the
were
Aeronautics
of
pay
«'t
:
1948
flown
203,306
99,619i997
70,027.227
62,061,187
.
factor-_____
______-./
58.91%
freight tons
freight ton miles
and
1947
235,182
118,874,474
flown___™™_____
miles
follows:
as
carried™
62.30%
1,668
1,023
548,430
327 512
'
Subsidiary Holdings
on
Inviting separate proposals for the purchase
is
of
the
following
blocks of
of the
stock:-
common
stock
from
.
stock of Wisconsin
common
Power
of Public Service
Co,
*
the
of
stock
common
be
(par $10)
Indiana
of
received
by the corporation at the
Trust Co., 16 Wall Street, New
(EST)
a.m.
Gas
on
Dec,
Prosser
York
6.—V.
&
Room,
15,
168,
3,108,271
3,952,955
p.
New
2121..
Net
1,565,525
-
$1,872,402
$2,387,430
$1.38
$0.91
56,806
31,877
26,665
23,451
34,920
19,380
1,394,376
1,440,746
railway—I7' 1,758,220
489,054
_
316,122
458,713
116,789
234,428
'
.
Sault
&
1948
Ste.
Marie
1947
RR.—Earns.
1946
1945
$4,306,071
$4,053,354
1,648,383
1.513,763
704,917
$3,590,237
1,347,647
1,048,838
876,838
-
1,598,869
851,084
railway—_
railway™™
30,923,243
26,834.170
23.370.311
23 596 891
5,788,870
4,768,868
2,605.146
5,320 578
income™
2,327,202
1,662,101
695,305
2,571,152
oper.
168,
'
$3,616,714
"
-
from
ry.
*
210,366
-
.177,710
1905.
p.
1,623,608-
483,598
.
income—
railway™.-
from
—V.
1945
railway™™
oper. income—•
Net
p.
2121.
Minnesota Mining & Mfg. Co.—New Product Division
The
by
W.
establishment
L,
Called
will
of
McKnight,
the
of
the
recording
a
product
new
division
has
been
announced
President.
electrical
"coordinate
Robert
trical
$1,692,425
$1.02
$132,094
52,827
.income™
From Jan. 1—
2,141,605
$1.09
$170,009
1—
from
Net ry.
■
1946
$181,473
66,542
railway
from
/
1947
$208,574
all
insulation
and
sound
recording
tape
division,
activities"
company's
pertaining to the production and
"Scotch" electrical tapes and "Scotch"
tape.
L.
Westbee, St. Paul, Minn., former Sales Manager for elec¬
has been appointed General Manager for the new group.
p. 2121.
tapes,
168,
3,834,030
1,235,869
RR.—Earnings—
Minneapolis St. Paul
—V.
Z
in
expenses
costs
nine-month
October—
Gross
1945
$1,987,213
1483.
income
nine-month
1943
oper.
168,
sound
1,623,350
shr._
yet
railway.™
railway™™.-
distribution
3,610,563
com.
total
has
miles
load
and
will
Jan.
Net
.
Net profit
Earnings per
$0.22
inc.
from
Net
it
except
taxes—
-(After
the
Sept. 30—
shares
oper.
From
Gross
operated
",*
Chicago,
$37,340,974 $82,258,439 $82,187,029 $71,646,335
taxes
of
from
Net
subsidiary,
Publishing
subsidiary.
owned
in
1
t$37,573
Nil >
the
1947
period., Passenger
period, reflecting an increase of
Express and freight ton miles
$5,002,689
account
the
Midland Valley
'
purchase
1948—9 Mos.—1947
*$18,033
/
October—
1945
$1,146,018
570,000
$3.71
Co.,
has
education
in
income
168,
$3,500,000
period, giving rise' to $44,527 additional
of
floor, Bankers
York, prior to ll:3o o'clock
$1,346,018
150,000
$2,099,072
sales
—V.
-
and
above
1948
miles.
1947,
second
of
.__
.Quarters End. Sept. 30—
after
net
series
new
appointed
Inc.
Proposals
of
383,956
and
substitution
common
1948
—
—
for
more
43,853
Net
value.
par
$2,099,072
taxes-
the
8,198 shares (no par)
Water Co.,
will
McKesson & Robbins, Inc. (& Subs.)—Earnings—
Federal
which
of
Registrar
the
168,
adjustment.
1695.
p.
Indiana,
Gross
London, Ltd., and the Gregg Schools, Ltd.—V. 168,
Net
been
bonds.—V.
$4,983,916
20%
or
into
passengers
one.or
(c)
share
split,
7.
proposal
a
to
Exchange
$50
stock
reserves
business
Federal
»
Fed.
books
Included
Net
168, p. 1904.
Lever Brothers Co.—New
'
distribution
that
held,
preferred
par
announced
of
&
which
•
tax
of
in
not
passenger
express
(b)
Jan. 1—
from
Net
,
new
McGraw-Hill
1
Fund,
shareholders.
...
Expansion by Subsidiary—
The
will
1947.
$6,658,300
1,204,630
66,670,340
railway
railway
oper.
Net
—V.
1948
from
from
no
capital
lisher
Net
Curb
of
1,
has
statistics
168,
Gross
Dec.
Gross
also
value
par -common
after
of
■
.
redemption,
of
t$47,966
20,467 shares (par $10) of the
Light Co.
&
*
1904.
p.
share
holders
par
York
Net profit
1,118,847
1,728,127
railway
railway—™
from
to
Earned per share
from
Net
each
13
no
Contingency
7
of
(a)
4,774,707
From Jan. 1—
Gross
for
Dec.
9 Mos. End. Sept. 30—
1945
1801,
p.
$380,545
to
under
1978,
also
Middle West Corp.—Asks Bids
stock
common
shares,
for
•
-
authorized
income
transportation
service
express
of
of
shares
Profit
1946
$908,835
income—
oper.
"
1947
has
series
increased
taken
The corporation
it
Corp.—Split-Up of Common Shares Voted—
outstanding
Lehigh & New England RR.—Earnings—
The
Agent
trustee
due
*'$4,289
excess
Feb.
for
this
—V.
$7.94
McGraw-Hill Publishing Co., Inc.
October—
Gross
168,
for
1948—Month—1947
Mid-Continent
since
not
Mail,
224,815
835,958,
269,352
1904.
p.
the
sources.
in
passenger
1,000,000
$2.34
New
$3
of
stock-'
to
an
operating additional schedules
passenger
$7,937,349
1,000,000
$2.02
stockholders
The
new
York,
series
passenger
the 1947
the
of
have
Mail,
2,000,000
1,023,431
shares
from
37,352
income
oper.
168,
The
Newall
meeting
reported
called
or
issued,
this
expenses
Revenue
9,937,349
$2,069,439
common
stock
B.
preferred
the
distributed
Co.—Paying
revenues
Revenue
stk.
227,823
made
17,065
2,831,266
railway^
railway
cost
Revenues
share__
com.
for
over
reflecting
Other
«'
—
stockholders
of
,
for
those
26%
were
Capacity
3,343,947
2,069,439
com.
be
31,624
the
Board.
the
2226.
p.
$23,884,563 $20,025,157 $93,448,778 $66,400,795
shares presently outstanding.
The corporation announced
$200,472
Jan. 1—
Net
—V.
'■
83,625
income
oper.
-
1946
$292,383
from
Gross
1947
also
likewise
of New
been
$751,894
115%
entitled
-
Lehigh & Hudson River Ry.—Earnings—
October
plan
with
Albert
at
shareholders.
bonds,
$28,952,838,
3%
$814,364
up
Although
for
outstdg—
per
new
has
revenue
from
the
date
1948—9 Mos.—1947
taxes
divs.—
reserves—
to
shrs.
two
Edison
operating
Houston
is
with
compared
as
____
after
profit for
from
and
the
accordance
share___™™_____
were
was
and
.,.100,000
fry the week ended Nov. 27,
company
kwh.,
Sept. 30—
preferred
The
directors,
whether
in
withdrawn.—V.
eliminated
bonds,
provision
in
1£47,
Par Value of Preferred Stock Changed—
•.
the
*
-
.
of
statement
a
16,927
to
were
were
operating
year
1948
$3,221,964
$3,915,809
75,000
732,012
1,229,011
;_
McCord
common
Fund's
1948
registrar
per
increased
Including inter-company transactions, the total sales for the three
quarters this year were $134,186,855, 31.2% higher than a year earlier.
—V. 168, p. 1695.
cumula¬
1903.
and
revenue
......
sh.
sh.—_
div.
profit
Net
converted
was
31,
amount
12.85%
the
this
is
$3,679,249
1,357,303
per
38,301,000
Earns,
ho
Oct.
revenue
.
&
event
consider
member
a
made
transactions,
mortgage
"After
this
257,852
divs>-r-
val.
par
Transfd.
to
>
might
subject
it
approve
amendment made
and
investments
Period End. Sept. 30—
loss after charges—
$4,596,533
496,514
$2,885,495
pref.
sales
Com.
the
$5,190,985
152,145
___
income
and
the
to
its
9 Months Ended
Net
latter
'
Commission
or
holdings added to the portfolio.—V. 168, p. 1364.
Earnings
and
Exchange List—
at
$3,527,104
$4,242,798
I
income
deductions
cumul.
Net
the
have
He
hearing
a
agreement with the plan and was anxious
amended plan be carried into effect, and expressed
Net
(M.) Lowenstein & Sons, Inc. (& Subs.)—Earnings—
for
shares
per
Walston,
SEC—
SEC
2,000
$23.75
Underwriter,
preferred share and two-fifths of
stock.
stock
offered
be
convertible
listing
38,495
..
,
,
268,754
corresponding week last year,
working
Suspended from dealings since Nov.
removed
were
"A"
filed
was
preferred
the common at $12.75 per share.
Goodwin, San Francisco, Calif.
Removed from Curb
/'/•■/
,
45,145
,
,
share.
per
increase
to
notification
preferred will
/
$3,974,044
income'—-gi-v-!"
Electric
In
or
at
plan
year.
the
it,
the
its
Mid-Continent Airlines, Inc.—Earnings—
,
Bakeries, Inc.—Files With
The
28,856
.
inc
oper.
$25 par val.
SEC
law
disapprove
would
entirely
the
with
in general
or an
security
new
,165,600
totaled
the
United
cumulative
/
-
-
1,107
—
inc.
189,200
Common
a
the
committee.
Commission
by the Commission.
individual stockholder, Mr.
bond ~ issues
agent
Weekly Output Increased 18.2%—
letter
$1.80
stock.
common
&
invs.
118,600
2,677,480
of notification with
will
-
of
2,283,000./
than
Period End.
On
2,493,000
136,600
Net
under
conditions.
an
was
in
at
first
2,251,700
""
'
_
on
1,734,750
2,697,000
$100
Lakeside Laboratories, Inc.—Files With SEC—
The
for
1,869,750
1,672,000
•
that
Massachusetts,
he
on
Total
135,894
by
opposed
modification " of
proceed
prescribed
as
plan
principal
f
3,350,078
Income...
oper.
168,
1,823,728
1,964,000
5%
from
10,327,497
2,123,971
taxes
Income
Commerce
presented,
The Guaranty Trust Co.
210,359
From Jan. 1—
Gross
11,350,486
1,326,647
______
Gross
1945 .
,$363,760
188,164
stockholders
shares
stockholders'
would
company
be held in January of next
or
dividends
as
of
1,409,426
r.
$345,579
184,715
income...
oper.
$380,378
4.
the
2,349
considering
were
preferred
a
the
Interstate
as
Metropolitan
'
^,536,146
Net
stock
•
by
only
,
would
preferred
increase of $2,446,380
during the year, and an all time year-end high. From Oct. 31, 1947
to Oct. 31,
1948, net assets per share increased from $7.30 to $7.35.
$22,895,979
$25,625,933
1,056,581
Other
Superior & Ishpeming RR.—Earnings—
October—
:
3f948 '
1947
1946
the
of
.
while
hope that the plan would not be
Assets
,
1948—12 Mos.—1947
$17,385,860
of
protective committee,
Total
Lake
alteration
The
value
fiscal year ended Oct. 31,
1948, th& Fund reported earnings
$1,349,972 from bond interest income. These earnings were all paid
(& Subs.)—Earns.
1,184,640
*"
.
railroad.
par
approved
was
stockholders,
Newton,
profits,
Prov. for state inc. taxes
have
•'
.
>
Forth
of
7,921,322
Prov. for Fed. int.
thereby increas¬
1946,
15.
168, p. 1800,
the
the
•Manhattan Bond Fund, Inc.—Assets Higher—
.
1,609,720
expend.
(other
taxes)
a
of
favor,
stated
plan
terms
is, limited
.
(Ky.)
1948—9 Mos.—1947
-
$729,636'
contractual
capital
Taxes
additional $2,000,000
an
;•
.
.
the
8,705,536
__
of
1,040,132
$1,078,837
directors
withdrawn
effect that
™___
Depreciation
Amort,
-
in
the
to
conditions
holders
™™
__
Maintenance
103,688
$50,443
stock
that
probably
the
that this
Vv
it
Speaking
Equipment Issue—
on
$19,445,397
revenues
1,042,148
104,844
wishes
view
further
be
West
company has borrowed $1,000,000 from the Irving Trust Co.,
York, N. Y„ to aid in financing the redemption. The remainder
being advanced from treasury funds.—V. 168, p. 1363.
limited-term
August
the
the
the
the
perhaps
■
Period End. Sept. 30—
common
1256.
will
certain
to
outstanding
2009.
111,447
$1,771,784
plan
shares
the
was
-snould
Co,, redemption agent, 22 William St., New York,
p.
113,979
$2,119,019
etc.—
preferred
that
meet
.
-
Operating
Koppers Co., Inc.—Borrows from Banks—
In
which
168,
seven
letter of notification with the SEC
Warrants will be used to common
lor
of record on Nov, 30 at $2.50 per share. Pro¬
reimburse the treasury for amount spent for
entitling
be
filed
17
of common stock.
shares
will
ceeds
on
shares
76,302
1948.—V.
Eight
Cotton Oil Co.—Files With SEC—
(Calif.)
present capitalization,
on
stock in July,
redemption of the abovementioned stock will leave the com¬
with only an outstanding issue of 400,000 shares of common
168,
10,130
$154,131
$20,619
the
present
It
Louisville Gas & Electric Co.
Kingsburg
and
1949-1963.—V.
payable'Dec. 15, 1948 to shareholders of rec¬
business Nov. 30, 1948.—V. 168, p. 1903.
11,063
$125,463
108,579
to
Company will receive bids at Room 1811, Broad Street Station Bldg.,'
Philadelphia, up to noon (EST) Dec. 14 for the purchase of $5,445.000 equipment trust certificates series K.
The certificates, dated May
1, 1948, will mature in 15 equal annual instalments of $363,000 May i,
are
$1,660,337
true
out
Bl.
distributions
tBased
the
of
26,
50,000
$2,005,040
management's
of
not
stock as of Dec. 27, 1948 at $27.50 per share,
unpaid dividends. Payment will be made
at the City
Long Island RR.—Bids
the
on
Appreciation Preferred Stock Fund Series K2; and a regular
semi-annual distribution of 43"cents a share on the Investment Bond
These
Nov.
on
$144,001
expressed
Stock—
the
$114,395
among other provisions,
$100 to $185 a share.
plan
j
The
Keystone
Fund
180,000
t$1.69
New
of
distribution
a
regular semi-annual
special distribution of 55 cents
announces
and
610,000
preferred
Farmers Trust
pany
Keystone Custodian Funds, Inc.—Distributions—
The
909,000
stock,
is
45
of
286,824
income
oper.
E. S.
Miller, Vice-President, in answer to a question asked by a
stockholder, stated that the company would therefore go forward with
the plan in the form approved by the stockholders, and that it was
•
Y.
The
•
.
all
accrued
Bank
3,174,556
1,874,587
775,641
2,235,023
meeting held
redeem
plus
24,737
4,072,048
a
Preferred
convertible
1—
._
—V.
55,276
4,794,531
income™
oPsr.
from
railway—_
from railway
ry. oper. income™
163, p. 1903.
•
Net
At
1945
$294,243
139,927
split
•
289,381
of
The
Longines-Wittnauer Watch Co., Inc.—To Redeem Con¬
to
1946
$333,101
railway—___
From Jan.
Gross
'
1947
$410,310
284,815
railway
charges/
two-for-one
32,104
interest,
approve
Ry.—Earnings—
1948
$545,860
October—
to
and
29,155
change,
1947
360,000
$2.52
"
taxes
Dr303,769
>
(Dr
14,941,208
special meeting of the stockholders held on Nov. 24, it was
overwhelmingly .for the adoption of the plan altering the pro-
from
$5,700,000
_-
.
vertible
Kansas Oklahoma & Gulf
from
1946
$134,097
$2.01
1948
$7,400,000
1
—
153.
expansion.—
needed
After
giving
p.
the new
in approximately nine months,
31—.
outstand.ng-
per share
Drl26,676
plan,
(estimated)
shares
Earnings
168, p. 2121.
Gross
'
Corp.—Earnings—
—
Drl3,271
__
$19,107,000
the
vote
6 Months Ended Aug.
Kaiser-Frazer's 4,300 distributors and dealers.
completion
release
-
1,914,862
Crl2,101
rents
$1,897,630 $22,086,291
Change in Par Value of Preferred Stock Ratified—."
1363.
Sales
$1,100,000.
Sechduled
$314,515
$5.02
taxes
and
share
common
p.
Lionel
111.
The warehouse will be constructed by the Howett company, and will
provide 218,000 sq. ft. of storage and shipping facilities. It will be
constructed on more than 10 acres of land at a cost of approximately
parts and accessories to
per
168,
charges
2,078,416
income
voted
1947
$262,539
$4.16
1948
Sept. 30—
after
97,815
income
Rentals,
Chicago, 111., for the lease of a parts
Co.,
warehouse depot
accessories
income
150,396
:
ry.
visions
Nine Mos. End.
Net
17,586,178
facility rents
At
2226.
p.
Kaiser-Frazer Corp.—To Lease Warehouse Near
1,610,439
Gross income
The
Feb.
1,857,513
27'/z-
diesel
engine, with fast, easy changeover from gas to
oil and oH to gas, and engine rating of 425 horsepower per cylinder,
in
sizes of five
to
ten
cylinders.
The dual-fuel disel is the second
new
engine announced by this company since Oct. 1, when it brought
out the 9 by 12 diesel, which featured
intercooled supercharging and
ratings up to 1,200 horsepower for eight cylinders.—V. 168, p. 1483.
A
1948—10 Mos.—1947
$2,139,358
Equipments
Other
1943—Month—1947
revenues
expenses
™
Net
by
1948
Maine Central RR.—October Earnings—
new
to
necessary
1482.
corporation
The
inch
29,
declared,
also
was
becomes
now
Lima-Hamilton Corp.—Introduces New Engine—
the directors declared the regular quarterly dividend
of
60
cents
per
share on the common stock, payable Dec. 20 to
holders of record Dec.
10.
A special dividend of 75 cents per share
On
"During
Joint
it
acquired
has
company
that
168, p.
...
Inc.—Special Dividend of 75 Cents—
Jewel Tea Co.,
stated:
Monday, December 6,
V.
Lever
products
General Sales Manager. Mr.
Counsel of the company in
Assistant to the President,'
company in October, 1947, as
continues as Secretary and General
President,
Luokman,
CHRONICLE
Operating
Operating
the
been
the
FINANCIAL
&
the past two years,
companies and new
have one top executive
devote his entire time and effort to
these operations."
Affiliated companies of Lever Brothers are:
Harriet Hubbard Ayer,
Inc. of New York; the John F. Jelke Co. of Chicago; Pepsodent Divi¬
sion,
Chicago; and the Philippine Refining Corp. of New York.—
Industries, Inc.—Promotions
Heintz Precision
&
appointed Senior Vice-President and
Otto Theodore Hess, General Counsel and Secretary of the company,has been appointed Assistant to the President..
Mr. Kohnstamm was elected Vice-President last June after having
Frank
COMMERCIAL
THE
(2326)
10
...
Mission Corp.—Plans Payment in Stock of New Unit—
The
of
directors
were
considering ithe
scheduled to
declaration
Mission Development CCo.
of
(a new
meet
a
on
Dec.
dividend
subsidiary)
4, 1948 for the
in
or
the
capital
in cash.
purpose
stock
of
Number 4757
Volume 168
THE
proposed to transfer to the new subsidiary Mission Corp.'s
holdings of T.de Water Associated Oil Co. stock (which total 1,417,000
It
was
So
1947
two
payments
December.—V.
in
168,
were
Net
1948
ry.
CHRONICLE
1946
1945
$2,489,982
$2,825,148
railway—652,476
477,345
68,378
207,225
On
264,283
164,861
634,814
Mississippi Central RR.—Earnings—
29,643,128
25,656,640
24,191,711
Net
from
Net
from
Net
ry.
railway
1947
1946
1945
$161,295
$152,157*
$170,333
70.074
57,768
*13,185
20,699
*36,711
ry.
5,373,333
3,949,094
1,099,095
7,733,245
1,405,585
54,906
2,955,040
Net
:
from
from
ry.
1,927,754
1,460,324
1,170,231
1,661,496
678,566
railway—
393,970
205.859
531,643
.share
134,357
22,776
215,331
.holders
railway:
263,325
income
oper.
*Deficit.—V.
168,
2010.
p.
directors have declared
the
on
April
,
,
The
:.
of .record
1, July
1
Dec.
The
company
filed
30
Nov.
on
four quarters of
will
Proceeds
•
other
;
in
finance
construction
company's
part
purposes.—V.
corporate
168,
and
program
2121.
p.
Vice-President
Mr.
been
to
,
Net
Net
"Net
80,822
2,881,395
1,039,200
2,978,660
•
2,166,600
Net
Net
ry,
18,083,512
7,557,470
income...
oper.
1945
2
"
1,147,477
438,244
7
.
,
For
5,962,319
7
the
168, p. 48.
..
The
trie
1946
$323,181
$326,221
7
93,531
113,181
83,104
2,586,938
2,657,826
2,246,516
737,197
710,041
624,742
ry.
income-
oper.
168,
1205.
p.
of the
at $40
next,
$25,
par
per
408,705
-,"•<>
■■
,
•
-
.
.Mutual Life
Stock—
'
cumulative pre¬
for redemption on Dec. 31,
called
share and dividends.
thbj Association
decrease
a
parcel
167,
above.—V.
Ltd.
,
the
week
year
a
r
.
Insurance
Co.
of
1811.
stock
dividends
on
Prop.—
The
property
of Real Estate for
r.
- ;
Edbro Realty's lease is for an original
term of 30 years and the
-tenant has /the option of renewal for two.successive terms of 20 years
each
and a further option for a third renewal for a 29-year term.
168,
and
Vice-President
Vcrdelin,
Henry
$25)
to
certain
on
at
year,
71/2</e
a
gain
announced
24
term
announced
was
Nov.
$150
share,
per
from
Net
ry.
continue
as
from
Gross
from
Net
the
directors
for
the offices of
President and General Manager, but wi 1
and Chief Executive Officer of the
163,
.income..
.
—
582,106
■•
229,677
uct.
move
corporation
'The
display,
•advertising,
consumer
In
expects
spend $200,000 this coming year -in
work and direct mail, both
catalog
and dealer-wise.
have
been
8,900,397
7,073,251
a
on
several
3,681,052
1,960,760
4,554,410
1,557,011
573,750
in Plastone, a
exclusively developed
"jby Nash. These items will be brought out early in 1949.
operate to full capacity. Several are being enlarged.
Five factories now
as follows:
and Dee-Jay-En
Export Co., all of Jersey City; Alma Leather Corp., tannery, finishing
plant and factory for processing Plastone, at Peabody, Mass.; Red Cape
Leather Products Corp. of Cabo Rojo, Puerto Rico, and Nash-Bayamon
Corp. of Bayamon, Puerto Rico, .both of the latter manufacturing small
leather goods.
*
7
Nash,
Inc.,
American
operates five
Leather
Novelty
subsidiary corporations lpcated
of
Leather
American
Mfg.
Corp., "Nash
Bids are being let for construction
factory
Co.,
Novelty
Corp.,
and
also
of
the
Rican
sive
plans
call
branching
for
into
developed in leather and Plastone.
over-night
Following
44,954,636
18,006,068
49,908,241
15,954,131
2,731,402
1.451,240
30,406.843
19,907.725
by the two Puerto Rican plants.;
dollar
distribution
account.
is
•'
•
1,985,785
20,767,926
world-wide.
Several
more
are
1S48
I.—-'
income
51,174.769
36,417,991
1,512,947
'-1,549,482
3,529,798
4,741.505
35,508,627
34,664,265
t247,641
.
153.726
charges—^.-
•
3,576,280
•
1,011,499
income
in
the
making,
the
14,153,195
168, P. 2228.
of
designing
hardware-on-leather;
the
are
several
revolutionary
patented Kard-Jector billfold
new
articles
136,466
w
where
such
and-operation
permits
and
ICC
'authorized
Nov. "15
on
maintains
lines,
to
for
ally
.2%%
in
$409,289.
the
RR.—Equip. Trust Ctfs.
comoany
obligation
to assume
with the pro¬
and
use
GIVING
Delaware
100
at
EFFECT
in
of
increase
It
than
if
1949,
scale
the
ally
direct
town
Colonial
that if,the
amount
the
total
anproved
bv
scale
to
to
1948. dividend
be
reserved
amount
the
had
policyholders
to
directors,
been
be
is
scale had been
would
due
'
$9,000,000
16,000,000
16,000,000
10,000,000
10,000,000
6,000,000
6.C&Q 000
annu-
annually in. 1968 and
stock
(par
1969—
$10)——T__—,
outstanding, as of Sept. 1, 1948,,
maturing May 31, 1949, aggregating $2,500,000.
CONSOLIDATED
Sand
&
Stone
reserved,
about
maintained.—V.
main¬
INCOME
25
be introduced.
cash
shares
record
at
of
Nov.
the
operating
Other
income
/
.»'*■.
26,
$46.75
p.
11,067,737
$4,465,797
income—
$5,073,187
(net).
54,414
$5,127,601
479,718
394,420
income—
$4,054,104
$4,733,181
•
.
PURCHASERS
OF
'
DEBENTURES—The
the
of
underwritten
The
First Boston
debentures
and
by each, are
the
Securities
p.
168,
Corp,
See V.
168, p. 2122.
States
output
of
62.026,000
of
deben¬
$7,500,000
2,500,000
—
Power
this
last
Co.
compared
year,
(Del.)—Weekly Outputthe
for
company
kwh.,
corresponding week
Northwestern
Gross
with
increase
an
week
ended
58,588.000
of
Nov.
kwh.
5.9%.—V,
168,
1943,
27,
for
2228.
p.
Pacific
-
.
RR.—Earnings1948
1947
1946
1945
railway-.—
$788,852
$580,667
$561,525
$532,748
railway—
oper. income—
170.477
34,043
91,809
104.762
91,285
*44,711
23,318
50,161
7,257,840
-1,315,889
512,106
5,724,268
from
•
-
From Jan. 1—
from
from
Net
be
amount
2228,
Northern
ry.
ry.
,
railway—
railway—.
oper.
income
"Deficit.—V.
168,
p.
of
paid
in
B.
cents
Sanborn,
19,
A.
Nov.
stated
per
dends
and
of
of
tl>e
in
$1 I2V2
per
per
share
share
a
directors
fhare on the common
$1.31V4
5.345 930
"226,169
1,076,323
417,735
*748,965
516,610
2011.
President,
that
4.162,094
1,157,326
Northwestern Public Service
as
held
principal
the
of
name?
principal
follows:
as
^
Corp..
Equitable
—V.
Gross
Pror-tinnc Pp"abi<> in Cash—
share.
1947
13,089,913
$4,533,822
Net
1906.
Co., Inc., above.—V. 167, p. 256.
per
**':
1948
_a_$17,555.710 $16,140,924
income
Gross
the new
higher
under
168,
stock of Newmont Mining Co. stock
1948, it is announced that fractions will
of
loans
bank
68,025
•
from
$5,700,000
capital
rate
2%
are
STATEMENT
Eight Months Ended Aug. 31—
Operating
revenues—.
Operating expenses and taxes
Net
connection with the distribution on Dec. 15, 1948, of one share
capital stock of Hudson Bay Mining & Smelting Co., Ltd. for each
Royal Flush fanfold, Ezy-Flick index-selector. Standee cardand-photo-wing wallets. These and many other innovations will shortly
2,030,000 shs.
5,000,000 shs.
NOTE—Also
$40,-
been
have
In
in
FINANCING
Outstanding
this
of
Trap Rock Corp*—Sells Plant—
Newmont Mining
'
and
consump-
serial debs., $1,000,000 due annually in 1966 and 1967 and $2,000,000
Net
See
for
$9,OCO,000
*
'
\
1930.
commercial
borders
PRESENT
TO
1956-1965
October—
the
current
New York
con¬
25,
annu-
debs,, due $1,600,000
was
out
Therefore,
dividend
dividends
for
approximately $45,900,000. as compared to
announced on Nov. 29. This represents an
be
it
$8,750,000.
for
200,000.
reserved
will
1948,
pointed
was
be
to
1949
for
cer-
permit
April
Authorized
1950-1955,.
Electric
New York Life Insurance Co.—Dividends Increased—
amount
w/ll
pipe
a
aproximately
their
debs., due $1,500,000
serial
totaled
The
pre-
Federal
approximately
,
,
serial
underwriters
trustee, and, sold at 99.354 and d'v'dends*. in connection
curement of certain equipment.—V. 168, p. 2228.
company
the
company; a
by 32 utility companies in 220 cities and towns.
Peo¬
Gas
Co.
(Del.), a 'wholly owned subsidiary, operates
CAPITALIZATION,
liability in respect of not exceeding $4,600,000 2V4% serial equip-,
ment-trust certificates, to be issued by the New York Trust Co.,
as
$37,150,000
authorities
of
required.
are
previously certificated.
incorporated
was
operates
company, are
of the
1949
governmental
proper
construction
.
York Chicago & St. Louis
New
of
has
other
balance
gas
distribution systems in 84 of said 220 communities in
Nebraska, Iowa and Minnesota and purchases all its natural
requirements from the company.
1802.776
1,305,416
129,724
•
■
-
and
and Kee-Jector
key case;
and
the
outstanding 2% bank loans
filed
applications with
the
resale
Natural
tures
The
to
204,244
..
flncludes Federal income tax carry-back credit of
tDeficit.
announcement
i.
process
for
of
principal additions nof
customers
and
Net
brought Nash its first million
said.
required
Interest
—V.
offer in
stock-
to
$10)
16,510,266
3,437,025
154,838
2,010,103
...
"Includes Fed. inc. taxes"
and
.
(par
on
gathering
85,770,097
mail
Nash
gas
*
Caribbean
In
income-
income
Misc.-deductions.
series of
already successfully made in the Puerto Rican market, an exten¬
order business will soon be expanded throughout the entire
area, selling direct to the consumer products manufactured
plans
stock
Kansas,
62,582,198 640,890,390 574,655,819
54,233,869 547,522,843 488,885,722
1,603,233
Nash
cases
a
presently
common
3 Va %
5.303,856
tained
Puerto
tests
of
ComRany
re. suc^ ®as is sold
j
1948- -10 Mos.—1947
1,708,822
the Jersey City
of an addition to
4,169,000
Oct, ,12; 1948, Agranted
the
convenience and necessity which
public
owns,
industrial
RR.—Earnings—
1948—Month—1947
4,603,658
'1
lines
$12,940,000
serial debs., $800,000 due annually
1956-1965
and $1,000,000
due
annually 1966-1967—
"Railway tax accrualsEquip. & jt. facil. rents
factory.
hand luggage
^
996,440
93,367,547
articles
new
few years ago and
6,209 OCO
branch
"
10,165,814
4,934,245
8,358,329
company's 22nd anniversary, production
advanced
simulated leather originated
$2 562 00o
133
diameter).
line/' system of main,
3,912 ^nriles
in
length,thiough which it transmits its own natural gas
purchased or produced
by it from the Amarillo (Texas
Panhandle), Hugoton (Kan.) and, to
a
relatively limited,extent, Otis and Pawnee Reck (Kan.) gas fields,
to
points in Kansas, Nebraska, Iowa,
Minnesota and South Dakota
123,829
9.043,882
Net
exist-
construction;
payment
the
facilities
'
addition, to celebrate the
schedules
to
promotion,
the company's
479,129
operating expenses-
enables Nash,
now
the
Commission
of the
and
Net
announced by Daniel J. Nash, PresiInc., to control every step in the
manufacture of its" leather goods from raw materials to finished prod¬
This
of
Common
fixed
inch
24
funds
and
authorizing
additional
struction
$1,002,375
$816,686
257,363
96,586
68,708.591
59,664,709
set-up has been
broad vertical
'dent.
Power
permits
.tineate
:
1945
operating revenues-
Total
lor
natural
1946
'
Ry.
oper.
the
part
tentatives, being dependent upen the market
conditions, at the time.
The proceeds from the sale of such
stock, together with the general funds of the
Commission,
•
ry.
by
in
one share for each five shares held; however,
$2,500,000.'
lor
(Including All Leased Lines)
Other
used
2'/a%
Period End. Oct. 31—
Net
be
and
a statement of the presently estimated
shares
aggregating
deferred
have
1906.
p.
will
facilities,
'
FINANCING—Company
406,000
COMPANY—Company
2,238,248
—
$1,000,000
_____
in
10;G70,730
„
and
leases, gathering lines,
property items)—
to, supply, the
Federal
Earnings—
$1,191,565
207,042
New York Central
Total
Nash, Inc., Jersey City, N. J.—Plans Expansion—
Completion of a new realignment of all subsidiary corporations into
and
program
1257.
p.
wells
1949,
.
railway—
due
are
fines—approximately
(20 and
——
othr
have
increase
an
directors
1947
477,649
_
($6,025,200)
\
ullowlng. ls
n',
miscellaneous
1%%
railway
oper.
ry.
—V.
income—
and
«.0°0,000 May 1, 1968; and
■'
proceeds
somewhat
assigned
1948
Net rev. from ry. opers.
Chairman of the board
"company.—V. 166,
(gas
.expected
1—
Jan.
From
Net
railway—_
railway—...
oper.
1948,
Hutzler,
&
Halsey> Stuarfc &
capacity to meet load growth in
PROJECTED
and
director,
irelinquishing
net
nolders^on the basis of
the matter is
2228.
p.
Ry.
Miller has been elected President and General Manager and
effective Dec. 1. according to Benjamin H. Namm, who is
dated Nov. 1,
property
5
January,
548.
168, p.
that
27
$1,111,381
_
Salomon Bros.
were:
which will be required for
1949
Total
ples
from
to 100.377 for the
Part.'to; replenish .working capital,
additional
miles, of pipe line
and improve-
over
provides
1948
,
priced at 101.692
are
Compressor station additions—11,200 h.p.
1
ransmissicn,
main
and.
loop
41
the
that
and
deposit,
policies..—V.
on
Manager
Namm's. Inc.—New President Elected—
Nelson
The debentures
prior to the
facilities to
posed
on
Co.—Debentures Offered—The
j
amounts
agencies of this
running ahead of quota, enabling
are
post
this
New Orleans & Northeastern RR.
>7 '
:•
•
2122.
p.
left
463,460
1,238.400
,,
set
1949
dividend
distribution
the
sum
of ,$13,800,000.
This
the 1948 scale on all forms of policies, on settlement options
for
13,512
hereinafter
and
(par
months
ten
Nov.
323,460
810,610 "
?f the. lf*nancin& are expected to be used
of 1S49 lor construction of additional property and
,
announced.on
1,223,149
6,588,422
795,484
6,416,195
2,111,105
of
increase system
ago.
for additions
plant and properties.—V. 168,
whole
a
43,574
as
tion
Avenue,
for $1,046,000.
York
New
insurance company.
—V.
as
117,328
23,205
'
are
•
1
order granting the Cambridge Elec-'
permission to issue and sell to New
common
first
1945
$620,554
107,327
an
subsidiary)
of
1946
$700,860
181,328
802Siof 3^s& C°'' InC'' i0°'27 f°r
99
PURPOSE—The
kwh.,
.....
•
1947
'
62,955
Natural Gas
construction
corresponding
the
for
\
.
corresponding
issued
28
the
company
Gross
beep leased back to the seller for a long term.• r
Announcement of the transaction was made Jointly by Hany Edi-orr,
President of Edbro Ohio Realty and of Edison Brothers Stores, Inc.,
the
of
October—
p.
222-228. Euclid
at
land
of
a
1947
share
per
7,257,327
Sow ifey*1,7969° May
electric out¬
or 2.49%
reports
of 368 977
0*11 the quarterly dividend due at this time on the 4X2% cumu¬
preferred stock-, par $20.
Quarterly distributions of 22y2 cents
each have been paid regularly up to and including Oct. 1, 1948, the
last payment date.—V. 167, p. 2363.
'
*
-has
and
Inc
A*
.
lative
Cleveland,
•Ohio, currently occupied by Cole's Shoe Store, Betty Maid and S.-S.
(Kresge, was sold on Dec. 1 by the Edbro Ohio Realty Co. to The
'■
,.
company's
was
Net
,
<
■
_
action
been
have
Dominion Textile Co.,
irregular
30,
cents
$316,333
'
^blds,/recelved at the sale
Cp
Company
557,713
y
Mutual Life Insurance Co. of New York—Buys
An
stock
Dec,
on
50
maturity, yielding 3.10%.
New Haveri Clock & Watch Co.—Dividend Deferred—
Minority Common Stock Exchanged—<
See
calendar
1906. *
p.
lateral
712,1*5
120,000 shares of outstanding shares of 7%
stock,
ferred
made
was
received
i™the 1966 maturity> yielding 3%,
1969
Electric Association—Output—
is
14,832,524, kwh.
shares
end
dividends
449,838
7
Montreal Cottons, Ltd.—Calls Preferred
All
;
..
...
.
expenditures made therefrom
the
it
The
It
-.
(a
company
and
1—
railway-—
railway
"Deficit.—V.
a
Div.
2,353,641
712,029
Net
*
i
26,
This
for
ft.
Co.
maintains
*
a
of
Nov.
for
the
aside
18,817
from
the
value
par
89,695
construction
*11,223
71,977
from
,
2122.
p.
New England Mutual Life Insurance Co.—Gains—
At
$141,266
79,863
Jan,
From
Gross
$5
8,368,516
railway..
common
•
69,347
ry:
...
kwh.
011
4,734
to
..•ments
1945
railway—_—
from
Net
,•
168,
Edisonu Light Co.—Bids—
ended-Nov.
cu.
Light
quota,
1947
$306,3:3
railway—..
cents
share
holders
bid .of 100.42 for the securities which mature
$1,000,000
each in 1966 and 1967, and
$2,000,000 in each of the re¬
the new shares will
Trading in
& Machine Co.—15-Cent
^company's nationwide field force
.
oper; income...
Net
,
Transit Pump
week
SEC
-account
Earnings—
1948
from
Net
*
18.
Exchange Nov." 19.t—V.
or
an
aggregate of $710,100, the proceeds thereof to be applied by
'Cambridge to the reimbursement of its plant replacement fund assets
$2,670,908
——
October—
v
Nov.
Stock
-To Purchase Subsidiary Stock—
the
>
York
ago,-X,,.'•. ;
(England
,
7
New
week a
'
■„i. Gas output for the Nov. 26 week is reported at 189,764,000 cu. ft.
'This is a-decrease of 12.294,000 cu. ft,, or 6.08% below production of
24,038,287
:———.—.——.—1—- 345,414,
Common shares outstanding——
.
,,
133,103
Earnings per common share——
$2.60
Gross
to
Corp. and Equitable Securities Corp, pub¬
licly offered Dec. 1 a new issue of $6,000,000 serial de¬
bentures, due 1966-69, bearing interest at 3%%. The
.bankers atr competitive bidding on Nov. 29 submitted
a
income
RR.
for
40
per
27
1—
oper.-Income
168,
1948
221,532
stated.
73,030,132
.
Operating revenues
Montour
payments
the
stock
$5
$S2P,953
railway.
Northern
Company will receive bids for the purchase of $5,000,000 25-year notes
Cambridge, Mas§. up to 11:30 a.m. (EST) Dec. 13.
168,-p.-2122.
«:
•
-
202,058,,000
'
"—V.
total
of
cents
Dec.
First Boston
of
•
•
'
—V.
/'year
$5,410,531
Service Corp.—Earnings—
:
FOR THE EIGHT MONTHS ENDED AUG. 31, 1948
EARNINGS
•
the
put of 14,463,547
rbelow production
Missouri Public
Net
became effective
15,
on
New England Gas &
.
50,449,883
9,836,127
3,572,177
56,356,856
12,306,138
4,363,993
68,087,345
168, p. 2010.
—V.
from
ry,
—V.
Other
railway.:
from
40
Ry.—Earnings—
.
from
Net
1—
railway
from
Gross
953,704
,
$4,896,105
933,735
307,217
$5,942,902
1,102,260
329,965
$7,746,696
income—
Jan.
From
•
railway
oper.
President
Enameling" & Stamping Co.—Split Effective
v.
356,603
.
1946
1947
railway—
from
from
ry.
■Gross
1,257,800
520,499
,
RR.—Earnings—
1948
October—
Net
dividend
of
1047.
from
From Jan.
'
1257.
-
New Bedford Gas &
f
Missouri-Kansas- Texas
"Gross
168, p.
of sales.
'..I-'
30,863
—V. 168, p. 2010.
•Net
on
dividend of 15 cents per share has been declared on the common
stock, payable Dec. 21 to holders of record Dec. 6. A like amount was
paid on July 1, last, while on Decv 22k 1947, an initial of 30 cents
was
disbursed.—V. 168, p. 1302.
•
,
116,568
3,440,166
1,423,390
, 649,297
made
each
cents
at 10 Temple Street,
;
bring
the
maining two years.
$307,236
134,158
64,105
income—841,229
oper.
ry.
$318,940
118,022
railway——
railway——_
from
$431,971
188,766
3,892,542
1,655,044
1947.—V.
in charge
National
1—
Jan.
from
Gross
will
—_
A
1945
income—-
oper.
ry.
From
;
1946.
$468,411
221,874
railway
railway—.—_
from
Net
1947
•
from
Gross
1948
Nov.
begin
Missouri Illinois RR.—Earnings—
October—
15
TheTour-fof-one split-upin commbn .stock approved by stockholders
on
capital stock.—V. 165, p. 1453.
,
of
has
for
the past .several years-been
Walker, Inc.—'V.,168, p. 2010.'
'
National
$89,902,250.
that while no defin'te financial program has
plans are to finance the project by additions
is estimated at
corporation said
developed, present
debt and issuance of
The
Distributions
Hamilton
,
Hiram
1
project
extra
an
dividend
stock, both payable
share.
per
railway
.Net from railway.
•Net ry. oper. income—
Sidney J. Hamilton, Jr., has joined this corporation as Sales Manager
,of the Opeq States. Division, it was announced by Thomas W. Balfe,
Fuel Corp.—Seeks Authorization to
Construct 650-Mile Louisiana-to-Illinois Gas Pipeline—
The
corporation is seeking PPC authorization
to construct and
operate additional natural gas facilities, including a 650-mile pipel'ne
extending from Louisiana into northern Illinois, which would increase
-the company's daily ^delivery capacity by 500,000,000 cubic feet to a
total
of
approximately 766,000,000 cubic feet. Overall cost of the
'
This
$2
October-?-
Net
Mississippi River
.
declared
quarterly
prior to the split
quarter.-—V. 168, p.
Gross
■
National Distillers Products Corp.—New Sales Mgr.—
covering $7,600,000 first mortgage bonds, due 1979.
The names
the underwriters will be determined through competitive bidding.
•SEC
of
1948.
Dividend
the
with
statement
registration
a
15.
Qf
and Oct, l, this year, making a total of 70 cents per
Distributions of 20 cents each were made in each
for
Of the
Mississippi Power & Light Co.—Registers With SEC—
,
9.
to
up
usual
value capital
Norfolk Southern
year-end dividend of 25 cents per
$1 par .value, payable Dec. 23 to
a
company's„stock
share
?
while
1905.
p.
Deo.
1948
directors
the
par
Following the two-for-one split-up of
quarterly payment of 40 cents per share
each
Natiori-Wide Securities Co., Inc.—Year-End
Prom Jan. 1—
Net
income—
$2.50
11,366
*
Gross
railway.:——-.
the
29,
and
recprd
year
oper.
f—V. 168,
43,813
25,076
railway--
oper.' income...
from
Net
1948
$214,103
October—
Gross
the
of
32,683,770
2,326,668
on
75,259
railway—
Nov.
share
per
income—
oper..
from
11
Noblitt-Sparks Industries, Inc.—Extra Dividend—
-Earnings-
1947
$2,797,644
railway—.
From Jan. 1
Gross
(2327)
-
$3,103,836
ircm
from
Net
347.
p.
FINANCIAL
Nashville Chattanooga & St. Louis Ry.
Gross
has paid one dividend—$1 in July—
made, 75 cents in June and -75 cents
far. this year Mission Corp.
in
and
&
October—
.
shares).
COMMERCIAL
on
on
the
stock
tbe
Co.—IZVzQ Common Div.
letter
have
4V2%
5'/4%
to
the
declared
and the
stockholders
a
dividend
datel
of
regular quarterly divi¬
«r«forroa 'torv.
cumulative preferred stock, ail
12
(2328)
payable Dec.
of
22'/a
THE
1,
1948
each
cents
holders
to
made
were
and Aug. 1, this year.
the
1948.
15,
stock
common
The
Distributions
Peb
on
2.
May
its
the
of
subject
board,
future
to
company's
which
1
•
is the present expectation
V; It
of record-Nov.
on
COMMERCIAL
largest
from
purchases
&
FINANCIAL
customer
the
CHRONICLE
is
the
on
stock
common
the
at
of
rate
20
cents
quarterly, beginning with the first quarterly payment in
of 67% cents per common share was paid in 1947.
earn¬
share
A total
per
1949.
Co.
amounted
to
following approximate percentages
1943—36%; 1944—28%; 1945—27%;
feet
stock would depend, among other things, upon the operation of certain
and
the
Sept. 30,
of the company's amended certificate >ot incorporation in
light of the recent adverse decision of the U. S. District Court for the
of
South
Dakota
in
certain
litigation brought against the
company
by Montana-Dakota Utilities Co., which decision is being
appealed.
Mr. Sanborn said that this question was thoroughly re¬
viewed and the board was advised by counsel that it would be per¬
from
revenues
the
sales
of
for the
gas
-
Sales
■
,
under
stock
in
certificate
amended
the
to
pay
dividend
a
amount
which, together with the three prior
dividends totaling 67 % cents per share, would not exceed 75% of net
earnings available for the common stdck for the 12 months ended Oct.
common
Available
1948.
31,
an
share, 75%
earnings
for
this
period
amounted
$1.17
to
thereof being equal to 88 cents per share.—V.
on
Nov,
24
approved
a
plan
providing
for
the
Jan. 1, next, of the $167,000 outstanding 5% cumulative
preferred stock at $110 per share and dividends.—V. 163,
•'<'
■'
The
'
.
Carl
Ohrbach's, Inc.
4:
*"
-
.
,
Sales Up 14%
—
It
is
announced
store
Wilshire
on
The
Boulevard,
store, consisting of
feet)
will have cost $2,250,000
new
square
almost equal amount for
for
mezzanine
a
shell
OctoberGross
plus
railway
Net from railway
2793.
p.
Net
ry.
1947
Gross
from
Net
from
Net
31,832
24,521
Dean
12,851
♦320
8,888
14,043
R.
»
ry.
911,923
370,341
income—
168,
201,783
113,788
railway
oper.
666,864
46,307
and
1907
pp.
771,148
234,727
44,464
H.
Walker
&
133,181
Such
proposals
La
Salle
will
St.,
-V
be
received
Chicago,
COMPARATIVE
Period End. Sept. 30—
Oper.
INCOME
Room
(CST)
a.m.
Dec.
1100,
retirem.
231
Amort,
200,000
1948—12 Mos.—1947
525,000
450,000
Co.'—_
450,000
450,000
J.
5,529,318
8,529,775
Newhard,
2,039,199
1,595,685
1,344,983
1,963,630
electric investments
1,754,148
that
17,497
Taxes (other than inc.
,Fro. for Fed. & state inc.
17,289
23,295
23,073
1,490.113
1,230,407
1,961,421
1,541,000
2,390,000
it
2,089,082
Net oper*.
Other
inc.
$4,015,413
'
inc. int. revs., etc.
$3,983,338
1155
$5,113,585
$5,120,326
413
333
$4,015,568
$3,983,751
$5,113,918
9^7,503
income
Inc.. deduc.
974,998
1,329,503
to
$5,128,357
1,340,006
4,.
;
—_
8,031
-
—,——t
Gross
Net Income
168,
p.
$3,008,754
$3,784,415
stock
Co,
been
125,000
125,000
125,000
Co
&
the
on
the
pay
for
dividend
a
each
share
of
of
one-half
share
Panhandle
stayed by the Third Circuit. Court
the
on
appeal
before
has
case
announce
of
the
been
the
U,
set
decision
a
Federal
S.
for
of
shares,
M
1
"
'
21.
of
Court
of
tion
at
Panhandle
its
on
construct
J
'
billion
the
stock
for
Nov.
1944,
ol'
banking,firms headed jointly by
Kidder, Peabody & Co.; Merrill Lynch, Pierce, Fenner
& Beane and Halsey, Stuart & Co. Inc.
The debentures
w^re priced at 100.845 and accrued interest. The deben¬
question
has
17
to justify
Oct.
on
at
cubic
that
feet
of
12
time
of
distribution,
to
its
168,
applications
2229.
*
*
.
tures
dated Dec.
are
PURPOSE—The
used
(1)
for the
net
following
of
record
$29,896,500)
will
The
to
for
at
The company will
the promissory notes
about
or
Dec.
the
cost
of
construction
of
,»
from
pay
its
general
the prepayment
to
7,
accrued
interest
the
following
banks,
each
of
"
CAPITALIZATION,
GIVING
EFFECT
TO
PRESENT
be
FINANCING
Authorized
pfd. stock
Common stock
•Bearing
annum
and
1973
147,500 shs.
par)
from
1.25%
maturing serially from 1949
AND
to
to
inclusive
natural
BUSINESS—Company
gas
distribution
gas
transmission
companies' for
system
incorporated
was
resale.
extends
the
extreme
compressor
end.
point
western
station
The
original
near
Dana,
in
system
Ind.,
end,
Indiana
28
which
adjacent
miles
and
a
Company's
distance
92
southwest
miles
extended
the
to
in
company's system
Fuel Gas
Ohio
minor
Co.
near
a
the
at
excess
Carl
days* it
which
at
from
the
such
the
Edgerton
extreme
gas
'
to
a
was
V.
Stehle,
dated
mined
is
near Detroit,
Mich., and Muncie,
through purchase from The Ohio
extending from Muncie, Ind., to a point in
Indiana-Ohio boundary.
Company also operates a
transmission
system
located
In
company
presently
the
general
vicinity of Kansas
produces
approximately 30%
of
its
gas
requirements and purchases
approximately 70% from others,
During
November, 1944, the company began purchasing substantial
quantities
of gas under contracts entered
into with Phillips Petroleum
Co. during
tpe year 1943.
During 1947, the company began
purchasing sub¬
stantial quantities of gas under contracts
with The Shamrock Oil &
Gas Co., D.
D.
Harrington, Cities Service Oil Co. and
Magnolia
Petroleum Co,
Nov.
will
167,
Net
in
loans
26
further
present
authorized
total face
in
like
the
much
proposed
Net
mill
can
be
milling
stepped
by 600
and
to
up
500
■
note,
on
two
New
not
amount
exceeding $630,000 to evidence
to
be
used
to
pay
a
was
Lines—Earnings—
Consolidated
Stinson
division
Vultee
has
been
'
the
outright
sale
of
all
equipment,
the Stinson
builders,
will be
moved
from
tools,
plant
of
one
Wayne,
Mich.,
made
from
Wayne
Haven,
San
and
deliveries
Diego,
Mr.
of
Piper
new
said.
*
1948—Month—1947
revenues,; $3,970,686
expenses-,; 3,108,306
1948—10 Mos.—1947
$3,520,719 $37,414,622 $31,113,348
2,858,695
29,286,520
25,712,800
$862,380
$662,024
$8,128,102
$5,400,548
631,732
564,959
624,929
6,252,667
5,429,283
711,390;
6,419,291
6,053,103
$795,607
$748,485
$8,294,726
$6,024,368
15,162
14,449
176,591
142,729
$810,769
136,133
$762,934
$6,167,097
-
10,115,378
of
9,851,281
9,548,662
959,679
in
as
*1,089,024
43,041
Co.—Partial Redemption
on
Dec.
31,
refunding
next
out
mortgage
of
and
series
due
1970, at 106 and interest.
the New York Trust
Co., trustee, 100 Broad¬
168,
p.
cents per share will
1,225,062
new technique
in the manufacture of face plates for
picture tubes has already broken one of the major bottle¬
production of five-inch tubes and will end the slow process
soon
new
in
10-inch,
12-inch,
and
even
size
larger
tube
faces
the machinery
is installed to begin production, it was
by R. B. Tucker, Executive Vice-President.
manufacturing process, which hinges on the development
as
Dec.
on
4
glass,
special
a
according
ment,
tailor-made
Mr.
to
to
the
meet
Tucker.—V.
needs
of
the
television
of research and
years
168,
develop¬
2124.
p.
Pittsburg & Shawmut RR.—Earnings—
October—
Gross
from
Net
from
ry.
1948
oper.
1947
1946
1945
$260,878
77,657
$189,459
$113,395
42.511
1,968
56,585
33,237
*4,264
2,631,500
2,104,599
1,438,324
1,213.293
799,329
708,577
281,753 \
375,410
—
$235,381
*2,453
9,493
railway
railway
535,814
170,167
income
from
railway—.
railway
oper.
income^
♦Deficit.—V.
168,
p.
247,241
177,498
1907.
Plough, Inc.—Plans to Centralize Operations—
2,343,130
redemption
$102,000 of
taxes
industry, is the result of nearly three
10,069,064
819,621
*1,577,118
& Power
inc.
manufacture
just
*19,320
129,649
for
income.
entirely
necks
Gross
*2,268,428
sinking fund,
bonds, 314%
Jan.
involves
the
of
Convair's
Pittsburgh Plate Glass Co.—New Product—
An
television
*229,889
on
William
•
*173,866
80
of
name
to
From Jan. 1—
The
corporation
announces
that
"as
soon
as
a
suitable
site
is
obtained
and
construction
problems become less involved, the cor¬
poration intends to erect a
building and centralize its Memphis,
Tenn., operations under one roof. A saving in operating expense of at
least $100,000 per annum is expected to result. This is approximately
27% of the 1947 net earnings."
Manufacturing and warehousing operations are now conducted in
.
approximately
two
of
which
square feet of
owned in fee and
200,000
are
related locations.—V.
168, p.
floor
five
space
leased,
in
seven
in*not
buildings,
too
closely
1907.
2012.
26, the directors declared a 5% stock dividend
on
the
stock, payable Jan. 1, 1949 to holders of record Dec. 1
1948.
shares will be issued, but in
lieu thereof cash in the
made
B. Odium, Chairman
part of the
fractional
amount of
the
according
$2,989,977
The
Nov.
common
Corp.,
1367.
p.
Potomac
No
Aircraft
changing
$4,055,938
*80,245
Y.—V.
consider
$361,281
*316,898
N.
will
2793.
Fed.
168,
*318,873
York,
last
$412,123
—V.
income—.
at
kwh.,
2229.
p.
34,197
from
trust
corpora¬
week
$4,907,$38
ry.
called
this
$6,650,913
Net
been
by
251,670,000
corresponding
$602,530
Net
the
totaled
the
$671,056
1945
.
1948,
income
■
.
installment
Philadelphia Dairy Products Co., Inc.—Stock Div.—
On
-
Net
$739,843
income—
be
168,
39,955
1946
Payment will be made
way,
name.—V.
Co.—Weekly Output—
for
168,
a
will
ranges
3,422
$861,432
14,734
have
collateral
electric
156,982
"65,981
Pennsylvania Water
in
of
Electromaster
com¬
as
3,580
1947
railway
railway.
(see
early
charges
of
an
♦Deficit.—V. 168, p. 2012.
moneys
stock
Fixed
$823,489
oper.
There
declaration
■
income
1948
from
ry.
the
par£s and servicing operations will continue at Wayne.
oper
$871,812
_
from
Net
to
common
companies served
27,
Piper-Stinson
to
income
railway____
railway
oper.
Net
effect
'
Miscelr deductions
additional
From Jan. 1—
Gross
;
.
$8,471,317
1,780,449
or
from
ry.
positions
appointed
Corp.
Philco
on
output
kwh.
18
Jan.
on
from ry. oper.
ry
Total
order
October—
Net
in
Corp.—Plans Change in Name Follow¬
♦Railway tax accruals
Other
simpler
the company to issue
amount
total
Nov.
Eqp. & jt. fac. rents (Cr)
said:
is
rebuilding 84 motorbusses.
from
■
Philco
giving
under the
operating
ended
Floyd
be
p.
rev.
Net
Net
served
and finished planes to Piper, but not
Mich.
The purchase price was not disclosed.
added that manufacturing operations of Stinson,
Railway oper.
.
Nov.
at
notes, not exceeding $630,000, are to be pay¬
of The National
City Bank of New York in ten equal
quarter-annual installments over a
period of 2.5 years
interest at the rate of 2'/4%
per annum, payable
quarterly.
Gross
he
Pittsburgh & Lake Erie RR.—Earnings—
located at Fredericktown, now
tons, according to an announce¬
President.
anticipated
16
of
chief
500,000
Pennsylvania Reading Seashore
<
its
and
233,053,000
Period End. Oct. 31—
operation,
of
Prospecting and drilling is continuing
167, p, 550.
on
to the
with
to points
time acquired
line
of
after
announced that
Piper Aircraft Corp.
Railway oper.
period
notes
or
office
the
as
.
consecutive
eastern
fields
Illinois-Indiana boundary,
or
able
Is
principal
of
of
ICC
The
purchase,
Dana
same
pipe
City, Mo.
The
30
loan
cost
Dela¬
placed in practical operation in the
early part of 1932.
In February
1942, through purchase of the outstanding securities of
Michigan Gas
Transmission Corp., the company
acquired control of the natural gas
pipe line system extending from the then eastern
terminus of the
Ind., and at the
note
a
approximately
1,200 miles, from the Amarillo gas fields in the
Texas Panhandle and
from the
Hugoton gas field in southwestern Kansas
through the States
of Oklahoma, Kansas,
Missouri, Illinois, Indiana and the northwestern
corner of Ohio into the State of
Michigan to a point near Detroit.
The principal transmission
system is 'looped," i.e., consists of double
parallel lines, along its entire
length, except for approximately 40 miles
at
>"'»'•
corporation has called for redemption on Dec.
31, next, $350,of first mortgage leasehold
sinking fund bonds, due July 1, 1964,
Parklexington Corp., at 100 and interest. Immediate payment will
The
per
1971, inclusive.
Dec.
to
•
Pennsylvania Greyhound Lines, Inc.—Notes—
1,620,000 shs.
1.875%,
where
that
dividend
being
personal plane
announced
136,715 shs
1,620,000 shs.
rates
stock
of the
week
of Stinson
—V.
1,
46,000,000
23, 1929.
Company is engaged in the production,
transmission and sale of natural
gas,
the major part of
sold
Jan.
made at the Empire Trust
Co., trustee, 120 Broadway, New York,
Y., of the full redemption price, together with accrued
interest to
the redemption date at the rate
of 3%
per annum.—V. 168, p.
155,
$30,000 000
serve
$511,000
N.
Outstanding
(par $100)
interest'at
HISTORY
ware
l no
due
$30,000,000
46,000,000
314% sinking fund deebs.
♦Serial debentures—1
cum.
from
exceeding
000
*
4%
to extend
of not
oldest
Sale
("The
of
will
Piper
planes
Park-Lexington Co., Inc., N. Y. City—Partial
Redempt.
Co, of Chicago.
'♦
Missouri
in
being
tracts."—V.
date, which is expected to be
by
.
Corp.,
with
29,
parts
♦Incl.
held
are
holds
$3,560,000: New York Trust Co., Chemical Bank &
Trust
Co., National City Bank, New
York, Mellon National Bank & Trust
Co, and Continental Illinois National
Bank & Trust
■
by
ore
of five years.
on
newly-created
he
Haven, Pa., as soon as possible.
Pending completion of the move to Lock
.
tons
daily.
The new deposit is 1,000 feet
long
feet wide
varying from.8 to 12 feet in thickness; it will
average 3.833 per cent
lead.
This tonnage is sufficient to
keep the mill busy for a
12,096,500
additional
to Lock
'
company
con¬
company's
for
net
Corp.,
the
Wayne,
the
author¬
1948.
notes
funds
the
>0-,'
announcement
within
cer¬
_______
promissory
These
which
of
authorized
15
...
reserves
"The
the
time
transaction
Mr.
City Consolidated Mines Co.—Ore Reserves—
made
The
general funds of the company and used
in payment of part
tain facilities—_
•
company's
ore
ment
prepay,
concurrently with the issuance of the
debentures,
$17,800,000 promissory notes at 100%
which, exclusive
of accrued
interest, will require
$17,800,000
<2> To be added
365.;
has
be
•
.
the
the
•
President.
Nov.
to
The
was
also granted to the St. Louis Southwestern
Ry. to
obligation and liability, as
guarantor, in respect of the payment
of and the interest on the bond^ as
extended.—V. 97,
p.
To
•'
on
(approximately
the
to
capacity
announced
increase of 8.0%.—V.
Aircraft
sold
the principal
1, 1948 and mature Aug. 1, 1973.
proceeds
purposes:
Nov.
output
the
Piper,
On
it
natural
p.
'
...
of
ranges,
7%
the
corporation
T.
amounting
stockholders
"
1, 1990, the date of maturity
refunding mortgage bonds.
of
•
elected
this
Electromaster,
a
The" stockholders
stated
proposed stock distribution
Panhandle in the past has
that
facilities.—V.
new
* '
on
to July
Park
been
In
company.
further
Philco
for
an
spare
If
first and
assume
in
provide
ing Acquisition—
Authority
group of 51 investment
has
the
V Piper'Aircraft
to prevent
contention
«•
The ICC
3Va%0 sinking fund
made Dec. 2 by a nationwide
of
of
of
for
the
said
700
set
in
7%
Wilming¬
.
was
of
electric
compared
year,
Paragould Southeastern Ry.—Bonds Extended—
debentures, due 1973,
to
special
Electric
common
Commission
Court
The
intention
its
It
the Commission
based
.
Panhandle Eastern Pipe Line Co.—Debentures
Offered
—Public
offering of $30,000,000
requiring
increase
and
Pioneer Service & Engineering
shortly thereafter.
time
that
at
the leases in
to
.
circumstances
substantial
business,
2123.
p.
29.
been
presented
2123.
and
15, 1948.
to-acquire
24
marketed
Appeals in
Power
District
Dec.
announced
company
corporation.
new
810.000
has
cash
responsibility, and in January,
1947,
was
charge of the Division of Economic Research.
of
shares
division
as
acted
The efforts
$3,788,351
Co.__
Pa.
Panhandle
to
Oct.
—
$3,058,065
—
to
company
unsuccessful
will
ization
—V.
Schwabacher
making the Hugoton distribution.
was
transferring reserves of about
gas
Jr
this
has
was
The
1,667,009
1,725.300
450,000
&
Gardner
&
In
divi¬
7%
holders
meeting of Electromaster stockholders will be held
in January,
1949 to approVe the agreements between the two
panies.
Electromaster will
be operated
by Its present management
125,000
Del.,
argument
•
_
Cook
Reinholdt
the
Acquire Electromaster, Inc.^~
Nov.
A
125,000
,
Co
in seeking an injunction against the proposal.
The Circuit Court has given
the Commission until Dec. 10 to file
briefs and has given Panhandle until Dec. 20 to file its
briefs.
Oral
7,398,953
1,229,629
ton,
Inc
Dain &
M.
of
to
has signed an
assets of Electromaster, Inc., manu¬
subject to approval of Electromaster
stockholders. In exchange for the plant facilities,
patents, and other
assets
of Electromaster,
Philco will tender 68,212%- shares
of:its
authorized but unissued common stock, or one share of Philco for
on
125,000
_
Co.,
cash
14
above).
Clement A. Evans &
Corp.
Dec.
Mr., Balderston
8.796
200,000
s.
Co.—
Producing
Court
which
$14,925,964 $22,021,205 $19,648,276
Co.
Clarke
W.
in
agreement
200,000
Scribner
of
set
handle
joined the corporation in 1941
increasing
facturers
200,000
<.__i.___i.__
Richard
Pitt
To
»
Pacific
525,000
quarterly
year-end dividend
&
Singer, Deane &
575,000
regular
,
held
The
of
200,000
Northwest
special
a
television
Pitt
officer
economist
,
__
,
makes
to
and
Courtney
Dr.
200,000
Pacific Co. of California
Co.
&
&
of
Philadelphia,
1,551,547
limited-term
of
Hugoton
ACCOUNT
Dr.
200,000
Co.
•
the
special
a
common stock on Dec.
a
total of $2 per share
Stays Payment of Hugoton Stock Dividend—
plan
stock
1,486,374
res.
The
6.
6,405,657
'
Appro, for
.
at
company
1948—9 Mos.—1947
Maintenance
^
the
10:30
$16,691,901
revs.
Oper. exps.
.
by
to
up
Marks
declared
and
the
Vice-President-Finance.
Maynard H. Murch &
v
450,000
Court
company is inviting sealed written proposals for the purchase
it of $7,500,000 first mortgage bonds, series due Dec.
1, 1978.
M.
Leonard &
Lynch
„
Harris, Hall & Co.
Oklahoma Gas & Electric Co.—Bids for Bonds—
So.
„
.
(Inc.)
The
ol
New Vice-President Elected—
financial
Co.
Moore,
by
cash
holders of record
200,000
575,000
Reynolds & Co,
from
the
year.
preferred
250,000
—...—_
Inc.______
Co.,
Clark, Dodge &
Hallgarten & Co
409,069
'
1485.
The
575,000
Co
Pressprich
Blair
1,005,514
last
facilities for the production of television receivers."
usual quarterly dividend of 93% cents per share on theh
3%%
stock, series A, was also declared, payable Jan. 1, next, to
plant
#250,000
;
Co
Witter &
W.
G.
250,000
__
&
of
should be given in its dividend action to the high
and the resultant earnings achieved in 1948. The deci¬
this year-end dividend of 7% in stock rather than in cash
pay
servation of
Harrison & Co.—200,000
Laird, Bissell & Meeds__
200,000
575,000
Rollins & Sons
Shields
for
increase
an
week
sales
of
refrigeration
_—1—1—200,000
Laurence
Corp
250,000
—
Inc.
650,000
Inc.
15,120
railway
♦Deficit.—V.
E. H.
1945
subsidiaries
kwh.,
payable
or
prompted
250,000
Co.
&
Granbery, Marache &
575,000
575,000
$84,539
its
corresponding
recognition
was
Pierce
—
650,000
E, Hutton & Co
paid
to
Co.,
Inc.
E. W. Clark & Co
R. 8. Dickson & Co.,
&
Higginson
that
Co.
Weeks ju
principal
Pomeroy, Inc.—
Stifel, Nicolaus 81
650,000
&
the
during the current year, as against $2
per share in cash and 5%
in stock last year.
William
Balderston,
President,
in connection
with
the
dividend
declarations, said: "In reviewing the year's operations, the board felt
Schoellkopf, Hutton &
,
This
3.
sion
900,000
Co.—
Dec.
level
Inc.
900,000
Hornblower
,
$84,992
income—
oper.
record
stock
24
share
per
payable on
400,000
Securities
Bros.
and
company
over
Nov.
on
cents
300,000
Ra use her.
575,000
$71,034
Prom Jan. 1—
Co..__'
50
both
Folger, Nolan Inc
Baker, Weeks & Harden
Mitchum, Tully & Co".—
*
Hemphill, Noyes & Co._
Lee
1946
&
the
and
directors
of
stock,
follows:
as
1,000,000
C. Langley &
$110,438
43,382
.
Rhoades
Freres
this
2229.
Graham, Parsons & Co..
1,205,000
Hutzler
an
Ry.—Earnings—
1948
from
Loeb,
Corp..
Corp,
W.
W.
'
M.
American
(150,000
alone,
furnishings and fixtures.—V.~ 167,
Oklahoma City-Ada* Atoka
'(*t,
by each are
Co.__
Salomon
the
be purchased
White, Weld & Co
Los
Angeles, Calif.
three floors and
dend
165,056,436 $31,520,361
3,040,000
Lazard
the
over
29,493,395
the underwriters
of
names
Harriman
'
that latest figures show an approximate gain of
preceding year's total of net sales, which this year
will be in the neighborhood of $39,000,000.
Net profits of ,1948 are
estimated at approximately $1,500,000.
This corporation on
Dec. 2 opened its new specialty department
14%
2,004,328
The
in
Blyth & Co., Inc
900,000
Eastman, Dilldn & Co.900,000
Ripley & Co.,
'
'; Inc.
—II
x900,000
Opens Los Angeles
—
■•Store—
■_
1
First Boston
&
'
•
resale
Inc.
on
2011.
p,
i
for
Kidder, Peabody & Co.__$3,040,000
Merrill Lynch, Pierce,
Fenner & Beane
3,040,000
Halsey, Stuart «St Co.
directors
"convertible
10,091,065
w.
companies
amount to
per
168,
of
1948 amounted to 142,967,000
2.5%,
or
Philco Corp.—To Pay 7% Stock Dividend—
$22,638
;
—
UNDERWRITERS—The
168, p. 2229.
p.
Sales
48,540
154,916,831
commercial.;
and
Total
Ohio Leather Co.—To Retire Preferred Stock—
The
.
.retirement
—V.
the
on
output
kwh.,
from
in MCF
Industrial
electric
3,529,000
Revenue
Volume
Residential
650.
p.
•
District
Gas
The
1948:
provisions
168,
week ended Nov. 27,
months ended
12
1948.—V.
15,
Philadelphia Electric Co.—Weekly Output—
the
company's total
sales:
1946—29%; 1947—28%; and 12 months ended Sept. 30, 1948—28%.
The following tabluation shows the sales of
gas in
thousand cubic
stocknoiders, in a letter dated Oct. 11, 1948, were advised that
further dividend action for the current year on the common
missible
Dec.
the
of
The
any
Gas
also
were
During each of the last five years and the 12 months ended Sept. 30,
1948, sales in
MCF
(thousands of cubic
feet)
to
Michigan Con¬
solidated
paid
quarterly cash dividends of $1.12% per share on the first
stock and of $1 per share on the second preferred stock
declared, both payable Jan. 1, 1949 to holders of record
preferred
Arbor, Mich., and environs.
will
usual
The
Michigan Consolidated Gas Co.,
the natural gas it resells through
company
distribution systems in Detroit and Ann
ings and cash requirements and other relevant factors, that dividends
be
Monday, December 6, 1948
be paid.
1, in preceding years.
A
similar stock distribution
.
.
Edison Co.—Bids for the Purchase of
Bonds
and Preferred Stock—
The company is inviting fcids for the purchase of $5,500,000 first
mortgage and collateral trust bonds, series due 1977, and 30,000 shares
cumulative preferred stock, series B.
Such bids will be received
of
by the company at Room 901, No. 50 Broad Street, New York 4, N. Y.,
noon (EST) Dec. 6.—V. 168, p. 2124.
up to
■$$
Volume 168
THE
Number 4757
Potomac Electric Power Co.—New Director—
R.
Roy Dunn, Vice-President
director.—V. 168, p. 1907.
and
has
Treasurer,
Public
3%
Gross
Net
from
debenture
Bank
and
bonds
York
New
due
that
announces
paying
1963.—V.
168,
has
it
$50,000,000
for
agent
appointed
been
of
2230.
p.
Gross
Net
from
•Deficit.—V.
secured
per
and
annum
used
for
Nov.
Nov.
on
24 issued
order permitting the company
will
mature
Oct. 26, 1949.
The proceeds are to be
outstanding notes of $650,000 which mature
and $850,000 which mature on Jan. 22, 1949.—V. 168,
payment
26,
an
1948,
of
2012.
p.
,'
and
San
from
of
new
a
Francisco
San
was
168, p.
to
Shanghai,
said,
he
will
also
Net
ry.
profit
$237,356
698
*8,922
*37,932
8,430
♦Based on
4,002,925
income
oper.
♦Deficit.—V.
$1,014,310
$1,022,344
$2.39
$1.61
$1.63
168,
1048.
p,
,
for
Manufacturing Co.—Files With SEC—
company
3,300
Nov.
on
shares
($1
underwriting.—V.
par)
168,
filed
19
letter of
a
1698,
pp.
oper,
Net
revenue
Other
market,
at
without
1908.
Richmond Fredericksburg & Potomac RR.—Earnings—
October-
from
Net
ry.
railway
1945
$1,866,170
$1,815,105
$1,950,016
321,458
332,589
487,762
53,349
82,113
182,089
railway
income—
oper,
1946
1947
1948
from
Net
$
52,568,531
44,025,562
3,420,526
3,060,020
32,009,334
27,100,037
2,688,115
1,833,123
20,559,197
99,588
100,180
929,483
912,860
'780,272
6,439,086
4,684,153
out
$■
••
965,363
taxes
Deductions
118,288
168,986
1,185,215
way
847,092
12,005,413
ry.
176,911
41,522
385,402
426,451
825,207
12,390,815
10,198,013
Net
from
railway—
railway
from
Net
168,
27,937,039
6,560,867
9,570,451
2,141,279
259,009
230,759
2,594,562
2,436,067
2,002,070
1,769,660
9,796,253
20,160
181,768
246,165
1,312,424
614,608
9,978,021
152,491
293,912
1,637,243
year
company
Nov.
on
for 1,000 shares of 6%
Underwriter,
Quail
■
a
Co.,
increase working capital.
St. Regis Paper
8,340,778
used
will be
Proceeds
la.
Davenport,
to
'
SEC
The
and
will
and
interest
not
mature
Nov.
on
issued
24
sell, from time
bear
in
than
more
which
to
order
an
not
after
months
nine
3%
company to
each of which
date
the
issue
of
will
annum,
per
thereof,
outstanding unsecured notes
will aggregate in principal
more than $12,500,000
in
addition
to
the
amount
of
unsecured
notes,
debentures, or other
securities
representing unsecured indebtedness which it might issue
under its articles
of incorporation without the prior consent of the
holders of its outstanding preferred stock.—V. 168, p. 1149.
of
(together with all other
of nine months or
then
maturity
a
amount
outstanding
at
one
any
sales
1947
1948
1946
$
I
123,416,387 103,953,481
Net prof, after chgs. and inc. taxes
12,048,192
11,055,144
Earnings per common share$2.21
$2.00
56,438,324
3,775,622
168,
$0.68
Privately—Dean
sale, privately, of
$500,000 first mortgage bonds, 3% series B, due Nov. 1,
1975.—V. 168, p. 2231.
Witter
&
Co.
Dec.
2
announced
Interest
$13,815,262 $11,670,051
stockholders
3'/2%
15-year
construction
Nov.
on
29
debentures.
21,509
196,982
$6,375,705
5,530,848
84,074
39.761
250,000
66,034
_
Cost
and
sales
of
other
Income
11,009,753
sold
10,613,876
122,100
goods
103,335
39,761
352,000
Depreciation
Interest
and
Provision
Reserve
debt
income
for
decline
for
24,787
-1,035,000
expense
taxes
invent,
in
value
36,000
_—
and' improvements,
inventories.—V.
168, p.
profit 1
Net
Prov.
for
I———$1,689,656
for
reserve
Balance
net
of
shares
Common
Earnings
profit—
Railway
$546,588 ;
*"$9.64
*
—
To
Dec.
29,
15,
thereof
stockholders
the
Balance
a
10%
dividend
paid
be
on
of record at the close of business
shares will be issued but in lieu
receive cash for such
fractions in an
will
York
Curb
by the closing price of the company's stock on the
Exchange on Dec. 15, 1948, or if there be no sales,
prices on that day.The New York Curb Exchange on Dec. 1 approved for listing 18,179
additional shares of $10 par common stock issuable in payment of a
10% stock dividend and against exercise of options^—V. 168, p, 1589.
the average of the closing bid and asked
on
,
9,426,093
$
110,346,648 1
932,332
501,455
12,148,675
243,969
income
to
8,728,539
transferred
be
to
of
income
to
tranferred
be
to
5,284,126
earned
4,589,730
fixed
charges
share
stock
although
The
directors
cents
deductions.— -V.
this
the
on
Dec.
year,
Nov.
30
168,
4*A%
the
regular
This
10.
the
capital
same
as
will
an
extra year-end dividend of
quarterly dividend of 10 cents
payable Dec. 24 to holders, of
total of 60 cents per share paid
both
stock,
♦Also after
/
It
make
a
disbursed In
announced
that
sales
showed
a
31%
improvement
and,
serial
1,
provide for the additional business, $218,479 was spent for building
equipment additions and other capital improvements. Because the
costs were charged to current working capital and profits,
dividends amounted to only 30c per share compared with 55c per share
1948
capital at Oct. 31,
cum.
hand
(C. D.)
Smith Co., Grand Junction, Colo.—Files With
SEC—
6%
conv,
A
Class
B
The
for
company
1,500
offered
of
to
or
on
shares
at
and
$51
to
Nov.
($50
per
reduce
filed
22
par)
share.
letter of notification with the SEC
a
cumulative preferred stock, to be
Underwriter, Peters, Writer & Christensen,
5V2%
capi¬
Proceeds will be used for additional working
above
the
substantial
same
period
and
of
sales
last
currently
The
year.
period ahead is encouraging."—V.
166,
p.
running
are
outlook
for
amount
Colorado
short-term
of
bank
loans.
Co.—Weekly Output—
Power
stock
($25
corresponding week last year,
stock
notes
Period End. Oct. 31—
oper.
Maint,
of
revenues___
an
increase of
18.7%,—V.
168, p.
obtained
evidenced
October—
tures
Maint.
1,586 549
.
substantially
601,452
♦Total
oper.
exps.—__
15,035,272
1,562,965
4,053,835
518, 548
Other expenses
<
of
ry.
Other
oper.
income-
1945
1946
1947
1948
1—
Jan.
majority
a
of
of the class B common
remaining 200,000 shares
as
between
each series,
the
variations
rates
13,059,572
15,630,917
.
14,663,125
41,469,979
income,.
Operating
expenses
for
Prov,
losses
6,037,616
$7,598,282 $78,900,645 $71,087,779
$1,088,401 $10,653,658
49,897
552,976
Deducts,
from
$1,895,158
income..
8,161
$1,138,298 $11,206,634
228,958
railway
income
oper.
168,
26,518,164
'31,938,438
20,558,613
Prov.
for
Dec.
1,
succeed J.
to
has
been
President,
elected
similar increase
to
all
authorize the
series
time in
things,
and
as
to
preference,
»
7'
EARNINGS
Calendar Years
1947
1945
$894,920
538,440
1946
.
$1,596,858
670,028
$1,113,593
673,702
«j
125,656
$647,201
.
34,906
f
$404,985
43,136
-
25,259
$331,220
34,224
$601,173
90,651
213,181
195,742
6,684
145,306
8,656
113,284
—
$322,065
$308,096
$207,886
$172,179
67,524
135,466
114,649
96,314
$254,541
income—
&
$172,629
$93,237
$75,865
State
income
„
*
I
interest
4
-"V
11,532
A. Small,
retired.—V. 91, p.
Income—
Preferred
dividends
effective
,
1770.
Net
income
HISTORY
State
Southern
Ry.—Earnings—
October—
from
Net
from
430,146
Net
ry.
$9,052,896
73,365
344,991
$909,339 $11,133,269
$8,707,904
♦Operating expenses for October, 1948, includes provision
per hour wage increase granted to operatins employees and
a
amount
99,333
Fed.
on
Minority
Vice-President
Sines,
railway
oper.
income.
Loan
acquired
1947
1948
railway-
From Jan.
Gross
1946
1945
$21,075,008 $19,795,285 $18,943,3 22 $19,919,647
4,999,438
2,454,096
4,778,618
1,941,169
3,997,483
1,788,433
7,094,098
2,603,828
North
other employees.—V.
oper.
income.
esti¬
168, p. 2013.
204,043,588 182,692,180 177,576,125 212,018,062
50,182,751
40,467,344
24,007,098
16,940,042
-Week End. Nov. 21
Period—
1948
10c
for
an
from
ry.
railwayrailway
Gross
—V.
earnings
168, p.
2331.
S6,440,726
1947
34,105,093
14,645,837
78,042,968
24,400,376
—Jan. 1 to No*. 21
1948
1947
$0,136,084 $291,809,153 $200,802,877
1930, the company's predecessor, Tbe "
incorporated in Maryland.
In Aug. of 1942, it
stock, being class B common stock, of
Finance
Corp.
At the
time cf such acquisition,
BUSINESS—In
&
Co.,
all
was
of
the
American
voting
State Loan Co. operated seven loan offices directly and through
wholly owned subsidiaries and North American Finance Corp, operated 44
14
loan offices through its wholly owned
subsidiaries.
On Dec. 81,
The
these
State
1—
from
Net
mate for
,
could
111,954
oper.
taxes
Net
S.
Net
$1,886,997
(less
Interest
30,234,083
2163.
p.
Southern Pacific RR. of Mexico—New PresidentB.
$8,622,750
Balance avail, for fxd.
charges
$1,489,864
743,323
"recoveries)
Net
37,327,466
6,764,477
$1,836,065
59,093
_
stock,
and
SUMMARY OF
1947,
income
1,
commercial papers and
12 months from, date of
from time to
among
other
preference, liquidation
redemption price and conversion rights.
,
railway—— 382,784,908 343,733,826 321,771,933 409,538,014
83,257,024
80,240,445
34,614,840 106,850,811
from
ry.
—V.
$7,934,269
income—
Total
March
dated
tCompany's certificate of incorporation authorized 300,000 Shares
preferred stock
($25 par)
designated 100,000 as 6% cumulative
stock and provided that directors, with the prior approval
Sept. 30, '48
railway- $41,127,891 $37,698,049 $33,301,889 $39,441,005
8,483,926 ' 8,789,841
2,506,476
4,303,695
railway.:
*
2,741,480
2,985,80 1
2,836,58 7
3,453,807
income
from
Gross
Net
agreement
1948—10 Mos.—1947
1,380,030
4,174, 237
equipment
Transportation exps
note
oper.
From
Net
$9,936,245 $99,295,385 $89,522,825
1,654 885
of
a
through established dealers in
notes maturing not more than
by
Co.—Earnings—
from
from
Gross
1948- -Month—1947
$11,122 404
under
origin.
2231.
and struc¬
way
91,588 shs.
75,000 shs.
250,000 shs.
75,000 shs.
par)
(no
(no par)
issued
are
Gross
Net
Total
$1,000,000
*$1,000,000
t300,000 shs.
63,552 shs.
60,000 shs.
9 Mos. End.
Southern Pacific
ry.
St. Louis-San Francisco Ry.—Earnings of System—
Outstanding
(due
notes
par)
stock
common
common
dividend
Net
308.
FINANCING
between the company and Provident Mutual Life Insurance Co.
Philadelphia under the terms of which the notes are subordinated
all indebtedness of the company for money borrowed from banks
with
output of this company for the week ended Nov, 27, 1948,
3,044,000 kwh., as
compared with
2,564,000 kwh. for the
Net
the immediate
PRESENT
preferred
Electric
orders
Brown, President, stated that "Our current backlog of
is
placed :■
to be
are
1948,
Gross
previous year.
Glen M.
on
TO
EFFECT
preferred stock ($25 par)
preferred stk. (cum. $25 par)
♦These
expansion
the
value
par
at $1,330,650)
(est.
1958 incl.)
Preferred
to
and
its
,
GIVING
subordinated
Class
1947.
The company also announced that working
amounted to $3,719,295.—V. 168, p. 1486.
totaled
$40,000 reserve.
a
also
was
proceeds
of
previously redeemed,
the initial conversion
amount
6%
of
$0.93
share
per
at
annually from March 1, 1950 to March
♦$205,401
$1.10
profit after taxes
Earnings
stock
is not now determinable.
Issuance
Net
unless
company
net
basis
the
on
1953,
31,
the
of
CAPITALIZATION
,
2231.
p.
declared
and
on
share
per
share
Southern
$242,825
preferred
negotiations are presently in progress for such acquisition,
which may be used for each of the foregoing pur¬
no
the
but
Simplicity Pattern Co., Inc.—Extra Distribution—
tal
1947
1948
of 60,000
issue
new
convertible
convertible,
including Dec.
poses
Ryerson & Haynes, Inc.—Earnings Show Gain—
Fiscal Years Ended Sept. 30
the parent, company
is
1110.
2,747,451
earned
minimum capital
other
and
1,564,361
5,885,770
p.
the-company's general funds;
Company intends to use such funds
primarily to Increase its receivables through absorbing the demands
for loans by individual borrowers in
the 24 existing loan offices of
the company's wholly owned subsidiaries.
To the extent that the net
proceeds are not promptly used In making such loans, in the balance*
of said net proceeds, if any, will be used to reduce bank loans, to
open additional loan offices and to acquire additional loan offices or
businesses in the future when favorable opportunities are presented
8,586,896
,
Corp.
165,
in
97,793,820
7,243,340
11,412,690
569,594
659,025
Co.—V.
Offered—A
Stock
common
$
1,012,559
income
Inc., Denver, Colo.
''
pay
1948—10 Mos,—1947,
.
& Light
Power
Electric
&
PURPOSE—The
1947
$
$
10,492,167
revs..
Standard
Gas
-
its $7 and $6 prior pref-
Authorized
20
to
help
Corp.—Plans Dividend—*
of $25, to
into class A
price of $10
per share of class A common
stock (namely, 2'/2 shares of class A
common
stock), each share of 6% convertible preferred stock being
taken for this purpose at its par value of $25 per share and such
conversion price being subject to adjustment in certain events.
and
for new
borrowings and Increase
charges at made against income
record
stock
and
sale of $2,000,000
If
♦After
determined
amount
New
declared
reduce bank
to
skg. fund and max. permissible
capital fund charges are made against inc.
166,225
$2.36
to the stockholders
1948.
No fractional
1948
Dec,
on
have
of
surplus
' $392,593
10% Stock Dividend—
directors
used
be
1948—Month
income
Balance
$392,593
provision for reserve for plant replacement.
Pay
will
'
♦Net
1—
$546,588
166,225
$3.29
oper.
Net ry. oper.
Total Income
per
The
was
RR.—Earnings-
surplus if sinking fund and
225,000
$1,464,656
175,250
outstanding
share
per
♦Before
replace. '
plant
dis¬
a
may
cumulative
6%
2162.
.
fund
'•
approved the private
Funds
Period End. Oct. 31—
$13,881,296 $11,691,560
income, cash discounts,-etc.
Total
be
will
there
that
to stockholders.—V. 167, p/2583>.
shares of
(par $25)
offered publicly Nov. 30 by Johnston, Lemon & Co.
a group of underwriters at par and dividend.
ferred
.
$6,178,723
shares.
Standard
Each
The
Seaboard Air Line
_1946
1947
l&*8
announced
Preside^,
>
dissolve this corporation.'«<€.
to
State Loan &; Finance Corp., Washington, D. C.—Pre¬
the
Scruggs-Vandervoort-Barney, Inc.—Deb. Issue—
not
Sept. 30—
allowances
voted
30
permission to declare dividends on
erence
2013.
p.
Sales, less freight, discount, returns
and
Nov.
company*assets
company
for
Co.
San Jose Water Works—Bonds Placed
(& Subs.)—Earnings—
Rotary Electric Steel Co.
Nine Months Ended
on
take steps to pay a dividend on its $7 pre¬
stock, Victor Emanuel, President, announced on Dec. 1.
He
said
directors
will
consider
asking
the
Securities
and Exchange
Commission for
authority to make
such a payment if the Commission approves the pending application of Standard Gas & Electric
This
less)
time
Wrightsman,
of
the
notes,
exceed
to
"
ferred
Authorized—
permitting
its unsecured
time,
amount
an
per
tribution of the
•
issue
$4
stockholders
The
■
5,985,687
$
Net
—V.
Rochester Gas & Electric Corp.—Notes
Ja)L)r38
payable
Standard Oil Co. of Kansas—To Dissolve—
Co.—Earnings—
Nine Months Ended Sept. 30—
preferred stock (par $100), to be offered at par.
&
320,696
dividend
stock
168, p. 2013.
letter of notification with the SEC
filed
22
1,159,933
record
to
up
2014.
p.
Standard Power & Light
Valley Finance Co., Davenport, la.—Files With
;
income
5%
a
}0, 1948. A regular quarterly cash divi¬
previously declared, is payable Dec. 10 to stock¬
Nov.
10, which brings total cash payments this
share, compared with $3.20 paid in 1947.—V. 168.
of
2,423,894
.
declared
have
$1 per share,
8,409,581
24,011-
directors
holders
8,163,416
-
income
'
dend of
B.
Net
that its earned
sure
stockholders of record Dec.
to
2,034,597
594,448
_
Deduct, from gross inc._
—V.
SEC—
The
21,622,570
5,428,832
'
1908.
p.
River
5,514,373
income—
oper.
ry.
—V.
19,934,742
21,577,413
Gross
not
Standard Oil Co. of California^-Stock Dividend—
From Jan. 1—
Gross
is
company
company
The
1,288,413
Non-operating income
The
surplus.
told the Commission that since its corporate simplifi¬
is not complete, any declaration or payment of current
dividends might mean a payment out of capital or unearned surplus.
—V. 168, p. 2163.
,
rail¬
inc
oper.
V.
: 1' 7
9,771,562
income—
oper.
Net.
'
cation program
$2,456,016
-
'
holding company act, as it is now in the process of simplifi¬
the
The
1,556,949
783,685
1,547,422
inc.—
from
unearned
of
with
16,925,525
i*:
1,504,876
42,546
Railway oper. income
Other railway oper. inc.
oper.
.
Rights to Pay Div.
cation.
taxes
ry.
1945.
p.
surplus since Dec. 31, 1937, which totaled $25,602,663 on Oct. 31, is
actually "earned surplus."
-"The company's auditors have reported that the
company's invest^"
ments might have to be revalued to the extent required to conform
from
Federal
1,763,897
596,775
213,787
The company has filed an application with the Securities and Ex¬
change Commission as a "safety measure" in connection with a pro¬
posed dividend payment on its $6 and $7 prior preference stocks.
Permission must be obtained from the Commission to pay dividends
1948—10 Mos.—1947
$
4,893,143
ii—
income
,
,
Ry.—Earnings—
6,108,641
expenses
168,
Standard Gas & Electric Co.—Asks
1940—Month—1947
rev
1,312,505
304,240
146,528
294,558
232,531
1908.
railway
operations
State, County and City
Total
Gross
92,421
$105,888
*12,331
17*149
>
income—
♦Deficit.—V.
notification with the SEC
offered
be
to
common,
1,147,693
1945
$160,139
55,037
39,029
1^602,507
418,022
153,480
1,783,638
436,844
150,491
railway—
railway
ry. .oper.
3,203,953
496,3-65
1946
$164,843
51,898
32,629
/-
1—
from
from
1945
1946
$1,502,914
V.
oper.
Fed.
Rheem
2,923,049
810,190..
461,127
168, p.
Taxes
The
3,324,683
1,114,203
income
oper.
From Jan.
Gross
•
$
$2.36
628,100 capital shares outstanding.-
1945
Net
Railway
1947
1948
ry.
44,227
1946
1947
$209,522
62,927
,22,531
railway
railway
Net
railway
Railway
$1,480,350
taxes..
share
Net
258,403
38,503
St. Louis Southwestern
Sept. 30—
after
*
1947
105,842
railway
similarly
V
2231.
p.
1948
from
from
available
be
168,
Net
$279,600
income
1—
from
ry.
Gross
-Earnings—
'
1948
oper.
from
2012.
(Including Domestic Subsidiaries)
9 Mos. End.
used.—V.
Spokane International RR.—Earnings—
.143,103
railway
railway
from
Period End. Oct. 30—
*Earned~per
*44,154
•326,166
$434,080
from
Net
Net
radiophoto circuit between Shanghai
announced by H. C. Ingles, President.
Service
Telephone & Telegraph Co. The sale would be made to re¬
T. St T. for money advanced to Southwestern lor plant
A.
expansions and to repay the Southwestern treasury for money
168, p. 1908.
Raybestos-Manhattan, Inc.—Earnings—
Net
American
1,640,785
.
has asked the Missouri p. S. Commission for authority
an additional $70,000,000 of its common stock to the
and sell
'
*72)445
*345)527
i
income—.—.
October—
Gross
Net
one-way
Francisco
shortly.—V.
19,513
1,884,456
St. Louis-San Francisco & Texas Ry.
From Jan.
*
Communications, Inc.—Opens New Circuit—
Opening
«
to issue
13
Telephone Co.—Stock Sale to the
October—
Gross
RCA
Bell
Telephone & Telegraph—
The company
r
59,986
imburse
railway
from
railway
railway operating
Net
to issue
for cash at par
to three commercial banks $1,500,000 un¬
notes, each of which will bear interest at the rate of 2J/2%
sell
$331,503
64^204
27^173
railway————iL———4_
railway operating incoriie
t,
Net
American
1947
$268,674
-
from
Queens Borough Gas & Electric Co.—To Issue Notes—
and
1948
railway
From Jan. 1—
National
registrar
The SEC
(2329)
Southwestern
'
October—
a
Service Electric & Gas Co.—Trustee—
Chase
trustee,
CHRONICLE
Sacramento Northern Ry.-—Earnings—
elected
been
•
The
COMMERCIAL & FINANCIAL
Loan
two
&
predecessor
Finance
Corp.
companies were consolidated
(Del.) created as a result of
solidation.
v
into-the
the con¬
{f'
with its principal executive
Washington, D. C.
v
The company, through its wholly owned subsidiaries, being- princi¬
pally those subsldiarieo lt acquired from its predecessor companies
upon consolidation, is engaged in the personal finance business, pri¬
marily making small loans to individual borrowers and, to a small
The
offices
company
at
1209
is
18th
a
holding
Street,
N.
company
4
4
4
14
THE
(2330)
degree, purchasing
in
household
instalment
sales
The
with dealers
originating
contracts
Dec.
aged
furnishings
approximately
$104
UNDERWRITING—The
shares to
be
are
and
the
cf
number
Johnston, Lemon &
A.
K
Wood
&
Shares
Co
Co
/an Alstyne, Noel & Co.
Ucoit, Hcrner & Mason, Inc.
Cl.ment
a
Parker
Total
Corp.
ry.
3,000
1948
1947
1946
$267,691
$326,222
43,035
Net
iy.
*16,891
54,289
*92,058
*7,429
*8,742
income—
oper.
Net
ry.
2,698,453
2,934,041
4,472,197
Net
from
175,428
*412,452
96,296
*507,313
267,883
*300,844
1,599,312
Net
ry.
income
168,
719,676
Stromberg-Carlson Co.—10%
stock
payable Jan.
On
Jan.
dividend
1949
1,
has
been
holders
to
of
Dec.
record
the
on
ry.
15.
each
of
record
Dec.
made
during
157, p.
declared
shares
nine
cash
—V.
have
directors
for
extra
dividend
Four
7.
the
$1
dividend
a
held
of
cash
the
year,
of
Dec.
share,
o.uarterly
current
of
as
per
share
one
of
Securities
distributions
last
Corp.
of
being
one
announced
shares
held
$1
paid
each
the
16.742,636
12,143,459
income
11,880,355
12,098,431
Dec.
that
1
See details in V.
168,
*
issued
8
Period End. Oct. 31—
Ry.
certificate
a
authorizing
'!
,
revenues
1948—Month—1947
its
30—
47,711,593
-6,423,466
held
3,238,051
of
—
1946
income
—
27,567-*--
<
Dr7,886
$809,060
$619,010
'!
98,733
of
deductions
charges
v
Net
1,039
563,125
487,320
499,924
$2,659,714
6,383
83,671
229,856
2,305,769
—t
income
—V.
$2,681,624
168,
394,725
,182,110
6,923
233,914
.
„■
2054.
p.
$660,711
-
"
$461,025
-
.
The
Depreciation
for
168,980
Canadian
153,206
798,000
384,000
118,960
140,890
111,906
.
Excess
profits tax
Capital stock tax
applic.
ority
shrs.
Earnings
—V.
per
mortgage
3%
bonds
Oct.
due
1,
are
to
of
poses
to
the
$1,180,065
862,855
862,855
outstdg...
share
$2.05
168, p. 2231.
62,329
On
$1,480,326
$930,032
862,855
862,855
$1.72
$1.08
"
$1.37
•
•'
.
30,
share
on
13,
This
Dec.
pared
with
the .directors
declared
extra
an
dividend
of
now
common
stock,
brings payments
$1.05
iri
payable
Dec.
this year
1947.
to
27
holders of
to
$1.90
per. share,
3o
1,
Sept.
30
company has called for redemption
first mortgage
bonds, 3%
series due
of
Jan.
on
1978,
Payment
and
<fc
will
be
Congress
Co.
made
Sts.,
the
at
State
Street
Mass., or at the
Wall St., New York,
23
101
Trust
Boston,
Incorporated,
at
next,
1,
and
Co.,
office
Y.—V.
N.
P.
J.
The
interest.
trustee,
of
for
State
Morgan
168,
The
'
Tennessee Gas Transmission Co.—Secondary Offering
See
Texas
Gas
Transmission
Co.
below
and
in
V.
168,
1945.
p.
of
construction
Gardiner
of
excess
in
the
President,
million
Appalachian
should
be
somewhat
alleviated
this
6,000
V.
possible
mainly
by
trade-out
Additional
facilities
miles
of
put
main
in
this
on
its
increase
19
other
Manufacturers
of
crude
from
loans
oil
daily
when
the
lease
to
stockholders,
at
a
the
Van
C.
the
end
of
rental
three
of
$53,000.
consideration
of
the
for
Marquardt
of
ance
has
slightly
been
plant
reduced
reduced
annual
over
to
he
$500,000,
has
1962
full,"-he said.—V. 155,
confidence
in
occurred
the
$494,000
31,
stated.
last,
The
with
mortgage on
$201,300
a
year
$30,000
Mills
the
Timm
due
to
the
will
earlier,
line
The
by
ICC
the
Nov.
on
16
issued
certificate
a
permitting
Transcontinental
The
be
of
the
as
as
division,
trackage rights over
Railway & Terminal
and
shall
certificate
sell
other
the
firm,
of
is
issued
lines
facilities
operation
or
and
the
such
lines
less
the
than
net
acquire.—V.
or
as
157, .p.
value
of
miles
the
operation,
tracks
that
including
essential
to
40
any
days
operation
of
Dallas
condition,
be
thereof,
the
of
Collin,
thereof,
within
continued
salvage
5.62
Grayson,
may
portion
offering,
for
same
portion
abandonment
to
subject to
any
property
corporation
or
purchase
to
Co.; all in
Counties, Texas.
McLennan
The
and
approximately
Hill,
The
company
tracks and
the
responsible person,
from
the
date,
to
willing to
which they
not
pay
seek
may
offering price
The
continued
and
property
Dallas
the
such
to
the
maturity
-
The
Issued
Engineering
&
Mfg.
Co.—Enters
Electronics
Field—
the
included
Robert
pany
McCulloch,
has
entered
produce automatic
President,
the
code
New York.
Present contracts
the
flasher
has
on
electronics
flashers
Nov.
field
20
announced
with
that
substantial
this
com¬
contracts
designed by W. R. Lightbody
for Air Force and Coast Guard
extended to the personal
are
been
recite
that
have
to
'
Inc
production
1,
been
as
the
or,
date
of
the
shares
of
6%
such
common
are
stock,
payable
series,
$3
notes
units.
The
stock
it
the
at
which
redemption.
units
will
be
Until
such
6%
included
transferable
only
date,
as
of
60,000
3%%
interim
in
such
the
units
securities
and
not
separately.
(no
stock¬
stock
exercisable
financing
June
3,
from
the
of
com¬
program
1949,
the
and
to
pursuant
underwriters
units
1, 19^1
and
the
20,C00
right
to
units
respec¬
tOutstanding
26,o00.090
or
one
the
.
,
640,000 shs.
shs.
§4,000,000 shs.
in
"
$143,000,000
$32,000,000
more, series
bonds
subject
3,265,000 shs.
issued under
be
may
the
to
but
notes,
unis.ueu
of
the
aggregate
the
due
May
restrictions
for
the
proceeds
sale
of
the
common
sale
of
thfe
contained
Of
of
deducting
stock
the
aggregate
respect
by
will
Kaiser
the
the units and the
this amount, $26,235,000,
and
commissions,
will
be
units;
be
and
of
net
in
$22,500,000
will
stock
common
connection
uits,
and
sale of
proceeds
the
from
at
accordingly.
Consolidated
and
of
price
proceeds
$52.50
extent
received
by
that
have
Western
unit.
pel
from
its
present common
Nov.
with
the
1,
1943
the
company's
the
proposed
the
the
the
stockholders,
trustee
of
payment
for
the
interest
an
the
option
Steel
Corp.
60,000
units
the
as
from
maximum
a
interim
such
com¬
'
company
6%
on
issue
$600,r
aggregate
net proceeds
Under company's con¬
to
a
the
deducting
financing pro¬
the
the
To
underwriters
underwriters,' the
Inc.,
with
after
require them to purchase
respectively, or such portion thereof
net
deposited
for
be
offered
approximately
the bonds;
$190,890,000.
reduced
Co.,
specify,
total
the
the
and
which
to
right
units,
from
be
to
stock,
shares
and
the issue
approximately
with
has
1951,
1,
issu-,
•
stock.
expenses>
the
of
for
used
common
$3,975,000
notes,
notes
sale
be
of the units and common
stock, approximately $177,000 will
by the company for the purchase of the 265,000 shares of its
stock
shares
for
common
Of
approximately $245,000
common
purchased
the
§285,000
reserved
are
stockholders; and $143,000,000 will be derived
bonds.
The expenses of the financing program
the
at
the
be
may
250,000
1951.
purchase
(before
2
of
1,
stock
common
warrants
the .530.C00
20,000
due
May
the
period
May 1, 1951, and the remainder will be added
general funds and will be used for the construction
to
pipe line
(including payments under the
contracts
for
purchase of. steel
plate and for the fabrication thereof into pipe),
■working capital and for other comorate requirements.
Following the delivery arid sale of the bonds, an amount
equal to
t
$190,000,000
connection
(2)
and
notes,
_
less
(1)
whh
certain
due
the
the
1,
amount
construction
of
1951,
for
the
bonds
be
to
struction
drawn
down
and,
the
to
from
the
payment
time
extent
the
The
proceeds
issued
including
mined
the
of
the
upon
of
the
issue
of
to
time
debt,
time
24,
1948,
Irans-Continental
The
the
Texas
certain
Feb.
16,
company
for
of
the
will
indenture
from
then
the
as
Power
securing
and
the
will
for
funds
be
which
added
corporate
•other points as
directors
the
of
the
stock
may
the
to
purposes
(if
or
deter¬
for the
company
was
incorporated
in
Delaware
Oct.
5,
may
1948.
acquired all of the assets of its predecessor,
Pipe Line Co., Inc. (Texas), which was organ¬
it
Gas
pursuant
proposes
Commission
Louisiana
points
of
of
common
stock
common
used
such
1946.
transportation
and
board
in
company's con¬
the sale
of
the
remaining
units
the
the
as
warrants
be
date
determine.
COMPANY—Corporation
on
the
time
other things, the expansion of the line
the company and authorized by the FPCi
by
upon
from
Nov.
any
of
and
that
among
retirement
On
of
exercise
company
the
to
proposed pipe line system
trustee for the 6% interim
of interest on such notes.
proceeds
necessary,
company received from the sale of
will be used to make such
deposit.
treasury
to
The
progresses.
program
expended
the
deposited with
moneys
May
total
will be deposited with the trustee under
Federal
has entered into bond purchase agreements with institu¬
stock
of the
a
common
company
& Webster Securities
tional investors for the purchase by
them, at par and in-
such
part
common
par), issuable
of
with
pany
ized
$143,000,000 Bonds Placed Privately — Concurrently
foregoing offering White, Weld & Co. and Stone
Corp. announced that the company
*
series
of
units
with the
and
include
to
underwriters
the
its
consists,
present
on
the
to
sale
will
the
and
at
will
in trust with J. P. Morgan & Co. Incor¬
and will
be held
by such depositary until
6% interim notes are redeemed prior thereto,
such
to
up
cue May
from
expenses
tracts
be
interim
of
6%' interim
to
deposited
depositary,
1949,
in
the
by the
purchasers of
cither
granting
sale
company
and
"
^
1951,. and
units
the
not
to
in
to
plane market with de¬
velopment of the only type yet acceptable to Civil
Aeronautics Admin¬
standards, TEMCO officials state.
istration
May
represented
to
will
1,
be
will
directly
notes
Oct.
due
delivery
of cumulative preferred
share for each $50 principal amount.
units
units
903.
unit is $52.50.
are
financ¬
Company pro¬
265,000 shares of
described
bonds
the
the
bonds
by
rate of. one
be
per
6%" interim -notes
porated.
Texas
Corp.—Notes
The
50c).
common
above
the
from
alter
by White, Weld & Co. and Stone & Webster Securities
^Corp. offere'd to the public Dec. 2 on a unit basis $26,500,000 6% notes, due May 1, 1951, and 530,000 shares of
common stock (par 50^). Each unit consists of a
6% note
of $50 principal amount and one shane of common stock.
under
Ellis,
Line
the
of
above
In connection with
.are
Offered—$143,000,000 Bonds Placed Pri¬
vately—A nationwide investment banking group headed
railroad,
Dallas-Waco
Pipe
of
from
80,000
loan
collected
" '. '
com_-
conditioned
total
the
sale
such
Angeles
and
the
to
of
sale
company
constitute
its
to
(50c par)
present
gram
Stock Publicly
abandonment
to interstate and foreign commerce, of its -entire
consisting of a line extending from Dallas north¬
erly to Denison, approximately 73.56 miles, and another line
extending
from
Dallas
southerly to Waco, approximately 94.52 miles,
known
company,
system
Gas
of
bonds,
bonds
of
Texas Electric Railway—Abandonment
Approved—
and
which
issue
to
>'
estimated
will
situation
ultimately
stock
shares
sale
to
them
authorized
the
000
$15,000.
Industries
2464.
p.
bank
Los
\
pipe
/
the
each
the
(par
share
per
of
stockholders
present
265,009
80,000
securing
of
from
bal¬
cash
a
$725,000
The
from
installment reduced lrom
"Nothing
our
Oct.
year
$100,000,
to
$105,000
Co., New York, N. Y., has been appointed
trustee for $24,000,000 first mortgage pipeline
bonds, 3%% series due
168, p. 352.
fiscal
its
cents
approximately $191,735,000.
deducting
Underwriting
discounts
and
lease, Mr. Rudolph reports, General Tire
$300,000 at 4%, secured by a first mortgage on the
the
stock
common
common
and
upon exercise
are
cancel
may
share
such
the
to
the
ended
of
Additional
derived
v
period
a
6%i
a
one
mortgage
simultaneously.
series1530,000
*
of
and
'
first
*
company
bonds will be
sixth year.
company
$143,000,000
capitalization
proposes
for
by
the
however.
years,
also
FURPOSE—The
Rudolph, Vice-President, on Nov.
plant has been leased to Marquardt
Nuys
annual
an
of
1968
ment
D.
subsidiary of General Tire & Rubber Co.
at
from
pre.eired etock
ance
is: consummated.—
deal
amount)
consisting
amount),
series
of
•
that
Co.,
years
The
Trust
(second series).—V.
through
plant, payable $40,000 annually for the first three years; $15,000
during the second three years and the balance of $135,000 at the end
Texas Eastern Transmission Corp.—Trustee—The
of
has loaned Timm
2232.
p.
reported
In
capacity to 660 million cubic feet daily and work
168,
financed
principal
pre¬
principal amount of bonds which may be issued
mortgage is limited to $250,000,000,. so long as any bonds
of the 3%%
series due 1958 are outstanding.
tUpon completion of
financing program.
{Reserved, for issuance by the company in pay¬
At the same
time, the Timm company has granted General Tire
an
option to Oct. 1, 1951, to purchase the plant at $280,000, or, if
Marquardt continues the lease, to Oct. 1, 1954, at $160,000.
service
1949.—V.
letter
six
the
pipe line
project will be continued in
be
$3
1368,sat 100, plus interest.
of
63%
interim notes,
under
banks.
2232.
p.
Aircraft
the
further
would
;
.
of
Co., Inc. and Consolidated
right of the company to require
therein.
■
deal
stock
interim
6%
up to 80,000 units or to Kaiser
Steel Corp. pursuant to the
mortgage
properties from Mrs. Carrie
Calif., widow of Edward L. Doheny.
a
special meeting on Dec. 20 will vote on
and
shares
common
■:
derived
of
during 1948 included approxi¬
loops and 83 miles of lateral line
Carthage field in east Texas, and approximately 74,000 addi¬
tional compressor
horsepower in existing compressor stations.
The
company now has
in operation about 2,500 miles of large diameter
pipe and 15 compressor stations with the aggregate of
approximately
217,000 compressor horsepower.
"Die company has authority from the Federal Power
Commission to
mately 710
companies
barrels
168,
In
pipe line companies.
to
at
$50
each
units,
principal
consummated
completion
rntge. pipe
after
winter.
with
arrangements
negotiating
Is
Timm Aircraft Corp.—Van Nuys Plant
Mortgaged—
Symonds explained that accelerated deliveries of pipe werfe re¬
sponsible for the rapid completion of a major portion of the second
parallel line from south Texas to West Virginia.
These deliveries
made
it
that
.report
*
Mr.
were
a
each
$3
•
Doheny properties involved in the deal are in the Coal'nga Nose
field at Fresno, Calif.
Mrs. Doheny owns a 25% interest In this field,
and it is estimated, that the
company will increase its production" by
cubic
area
confirmed
offered'
three
delivery
in
The
.
has been completed ahead of schedule.
said the system is now delivering in
feet daily, and that the shortage of gas
program
Symonds,
605
stockholders
approving the purchase.
It was said that the
insurance
deliveries to
and that its
gas
year,
1948
29
by
Authorized
Cuin.
cents;
be
shares
referred
purchase
due
Doheny Oil Lands—
Nov.
on
,
1948 Construction Program Completed—
The company on Dec. 2 announced that its natural
the East have almost doubled since the first of this
company
be
to
(a) ,'$22,500,000
for
.
1st
$43,000,000 purchase of California oil
a
Doheny of Los Angeles,
2231.
p.
and
tively.-
com¬
in
1949,
3,
will
issue
Common stock
Plans to Purchase
$60,000
stock
outstanding
maturity
($50
outstanding
at
the
upon
puichase
Tampa Electric Co.—Partial Redemption—
The
/
.....
at the rate of
1949 through Dec. 20, 1949, at $10 per share.
following tabulation indicates the capitalization
option
the
quarterly
of
of
at
sold
1951
due
shares of
sale
the
6%
during
1948 were as follows; March 1,
April 1, extra of 30 cents; June 1, quarterly
1 and Dec. 1, quarterlies of 40 cents each.
cents;
and
the
,
share
one
be
1,
June
purchase
the
'
Distributions
^
to
upon
the purchase by the company from
stockholders of 265,000 shares of common stock..
stock
issue
.
record
as
with
CAPITALIZATION—The
,
common
1948;
of
to
and
Company
The
.
the
any
There
proceeds
aggregate
'
the
including
cents
20
1949.
conditioned
holders warrants
-
in
Nov.
1,
connection,
in
be
530,000
units.
16
per
$1,770,351
,
87,293
will
-
PROPOSED
(payable
series
750,000
common
Tide Water Associated Oil Co.—Extra Dividend—
63,363
86,380
the
underwriters
rate
on
common
Western
min¬
and
stock
be
not
may
July
the Company of the 450,000 units and
offered to present stockholders are
to
present
pany
1977,
there
until
the company
each share
of
29,
1951
arc
sGc
also
solely
42,188
earnings
Capital
Co.,
first
of
alone
three
offers
agreements restricting
Intention not to dis¬
commissions
or
of
rate
common
Such
29.
oL the
public,
stock
the
at
outstanding
Nov.
$22,500,000/
stock;
the other
At
,
Light Co.—Definitive Bonds Ready-
exchange for temporary b;nc's at the Republic National
Dallas, Texas, or, at the holder's ontion, at the Bankers Trust
Wall Street, New York, N. Y.—V. 168, p. 2954.
Bank,
896.000
interest
Net
Definitive
available
inc.
taxes
Earns,
Texas Power &
255,170
652,000
133,250
taxes
inc.
165,721
992,000
...
Prov. for Fed.
Prov.
______
the
to
AND
for
the
the
at
sale by
is
'
Gross earnings
view
program involves:.
2,250,000 -chares of
to
May,!,
stock
Oct.
'
of
statements
and
be
Nov.
on
sale
Tile
upon
$4,226,826
*
.
will
note, due May
present
2,350,899
$5,567,806
'
In
stock
share
per
share
business
6.
common
stock
bonds, 3%%
ing
88,096
.
Dec.
the
of
securities
mon
in
$2,285,860
52,747
$7,957,246
of
PROGRAM
record
stock
(3)
$6,665,821
$657,264
each
such
of
for
sale
common
line
/ 692,262
$901,548
$10
for
stock
.6
STOCKHOLDERS—Company is offering
stock
(par
E0c>
to the
holders of Its
at
close
financing
The
ferred
$5,973,559
824,954
500,000
500,000
500,000
-—
and
lb) 450,000 shares of "common stock.
In
addition the
under¬
writers have the option to purchase (a) $4,000,000 of stich 6%• interim
notes, due May
1, 1951, and (bi 80,000 shares of common stock.
215,571
$7,132,292
78,254
92,488
—
income
Fixed
1945
$2,107,043
$3,150,961
—
15,398
'
Affiliate)
$1,702,676
505
secur.
-
Dr)
Net ry. oper. income—
Misc.
1947
$2,587,332
(net
750,000
—
the
therefrom
notes, .due
2,134,335
rents
stock
(EST)
common
of
(2)
.;4,123,599
279,127
700.003
.
—
Nebraska--——-
stock
at
shares
new
39,238,223
601,410
256,570
1,000,000
Co
of
Co.
common
common
The
Such
768,216
1,000,000
—
Co—
underwriting discounts
offering of common stock
*..
—
(net Dr)_
1,750,000
—-
'
;
1948—10 Mos.—1947
-
2,000,000
—
Philadelphia-
the present stockholders of
of
$6,134,949 $64,604,135 $51,685,287
4,607,835
renthls
Total
1948
operations.
cf
maiket
(1)
"
4,720,890
facil.
Jt.
$6,570,134
—
Co—_,—
of
.—
America
of
p.m.
company's
to
4,000,000
2,250,000
r_
Co,
no
such
acquisition
the
accruals—,
tax
Equip,
750.
p.
3
"company
:
•
5,000,000
3,000,000
Co
Insurance
COMMON*
TO
common
sale
are
38,614,390
12,437,850
./
Nov.
on
Life
Insurance
common
record
at
public
84,989,805 10r,9»l,080
28,947,148
Texas & Pacific Ry.—Results from Operation—
were
Dec, -1.
on-
of
tribute
93,621,614
29,213,930
2053.
p.
Insurance
Insurance
of
shares
of
expire
stock of the corpo¬
common
(Includes Canadian
9 Mos. End. S*pt.
income
1945
$0,288,986
.
2,650,307
1,343,573
„
1,720,969
.
Superheater Co.—Earnings—
Other
1,382,776
properties from the Lone Star Steel Co.
Other
sale
3,066,164"
1,261,297
3,299,414
,
5,000,000
—
for Lutherans
Woodmen
interim
ration have been sold.
on
Modern
2,250,01'C
$8,832,170
1,916,650
;
—
Co
Insurance
outstanding
1946
1947
1948
railway—,_ 106,893,990
ICC
Life
Life
Association
Eaukers Life
RR.—Earnings—
$11,589,796 $10,237,242
income—
op it.
Operating
offering of 58,000 shares of
Profit
325,116
.
Operating expenses
from
629,930
229,069
Steel
capital
Super Electric Products Corp.—Stock Sold—The Firgt
Profit
575,204
payable
559.
Guardian
1,054,482
514,942
Co
Lincoln National Life -Insurance Co
Aid
operation by the company of the line of" railroad of the Lone Star
Co. in Morris County, Texas.
1 '
Authority was also granted to the Texas & Northern Ry. to issue not
exceeding $550,000 of common stock (par $100), to.be sold at par and
the proceeds used to purchase the line of- raHroad and certain other
t
payable Dec. 21, and
Dec. 15 to holders
8,
2,049,530
and
'
The
The
1,861,370
2,427,133
Texas & Northern Ry.—Acquisition and Operation— '
The
Stonega Coke & Coal. Co., Inc.—Stock Distribution—
stock
Mutual
5,000,000
Insurance
of Canada
Life
Insurance
FINANCING
a
an
Phoenix
291,847
railway——
168,
stock,
common
1,
by
41,591
948,581
railway
from
Net
Stock Distribution—
declared
1948, the company paid 75 cents per share In cash,
special cash distribution of 20 cents
per
share on
April 1. In the preceding year, 75 cents in cash was paid on Jan. 1,
ihe only payment in 1947.—V. 167, p. 1262; V. 166, p. 572.
followed
5,321
2,656,324
railway—
from
—V.
10%
62,110
15,000,000
York
New
Insurance Co.,__—.—
Mutual
Mutual
Life
of
r_;
Life Insurance Co
2053.
oper.
Net
*A
14,988
Provident
From Jan. 1—•
Gross
2014.
p.
Home
income
p.
from
3,022,239
oper,
Mutual
25,000,003
Co._
Co.
■
The Groat-West Life Assurance
October—
Gross
♦Deficit,—V.
71,731
amount
$70,000,000
Co._
Assurance Co.
OFFERING
railway,,,.*,,
from
llet
$190,921
38,365
railway
168,
railway,—
from
1945
$188,124
115,809
Texas & New Orleans
Prom Jan. 1—
Gross
ry.. oper.
Insurance
Insurance
Connecticut
1946
$240,212
73,741
railway
from
$307,340
* 45,658
*14,411
railway
railway
The
1947
$260,021
income—
oper.
from
—V.
1945
$293,438
from
from
life
Life
Insurance
The Penn Mutual
1948
Net
Rapid Transit Ry.—Earnings—
October-
Net
York
Life
principal
Insurance Co
The Mutual Benefit Life
Ry.—Earnings—
railway
Net
Gross
Co.
From Jan. 1—
Gross
Staten Island
Mutual
Eun Life
railway..—
from
from
Net
60,000
—
New
Aeina
the
and
investors
Institutional
by each are as follows:
The Noithwestern Mutual Life
OctoberGross
1945.
p.
The
The
1945.
p.
Texas Mexican
Net
Co.,
—
163,
&
Securities
168,
Gas Transmission
Tennessee
under
purchased
Massachusetts
3,000
Evans
Inc.
—V.
Union
Cassell
Co., Inc—
C. T. Williams & Co., Inc.-
<fc
Co._
A.
C.
P.
See V.
2,000
1,000
500
10,000
Stirling, Morris & Bousman
5,000
3,500
Auchincloss,
Redpath
Doolittle &
5,000
appeared
the
of
names
be
Metropolitan Life
2,000
Jones & Co.--~-
C.
Robert
7,000
-
have
3,000
Mason-Hagan, Inc.—
15,000
sec¬
in
No. of
Shares
The
—
ondary ottering of 6,000 shares of common stock noted
our issue of Nov. 8 under this company's name should
fellows;
as
No. of
The
1735.
168, p.
Co.—Correction
Transmission
first mortgage
terest, on June 3, 1949, of $143,000,000
pipe line bonds, 3%% series due 1968.
manda¬
1948
Monday, December 6,
to
Texas Gas
underwriters
several
purchased by each
as
Flash-Aire, will undersell present
and now is available for private planes. It
known
be
to
planes used in night flying.—V.
tory for private
contract.
per
type,
new
expected that the CAA plans to make installation of flashers
is
31,
CHRONICLE
FINANCIAL
&
types by approx.mately 75%
and domestic appliances.
During the year
1947, and based on dollar volume, about 96%
of the
company's operations consisted of loans; and about 4% consisted of
the purchase of instalment sales contracts from dealers which aver¬
ended
COMMERCIAL
in
of
for
New
to
to
authorization
construct
natural
sale
Jersey
at
gas
and uperate
purchased
wholesale
and
eastern
in
received
a
by
New
from
pipe line
the
company
York
Pennsylvania
the Federal Power Commission may direct.
the
system
City
and
in
and
such
:
Volume
PROPOSED
will
be
000
PIPE
will have
cubic
feet
miles
1,840
long
natural
proposed
(measured
day
per
gas
the
and
at
pipe
Watling, Lerchen & Co
base
Wheelock
14.7 pounds per square inch).
The proposed main transmission line
will
commence
at
a
point in the Rogers Lacy field near Mercedes,
the
of
The estimated
$190,000,000
including
supply
132nd
at
St., N. Y. City.
a
nine
to
gas
14.7
(at
certificate
the
of
public
per
inch),
square
The
Edison
Service
Brooklyn
Union
Electric
Long
Lighting
New
and
tons
1188.
p.
New
York
and
1
Co
Gas
covering
used
with the
has long-term contracts
providing for the delivery to the respective
daily demands equal to those set forth abdve.
TRANSFER
ferred
York
15,
stock
common
registrar
is
is
Morgan
J.
P.
Co.
&
of
Bank
Co.
23
transfer
Co.,
Wall
pre¬
St.,
Co.. 55
New
New
York
Broadway,
Spyros
company,
are
the company,
the
have
follows:
as
White, Weld
&
the
option
Bache
&
Co
Robert
W.
Baker,
Weeks
Ball,
J.
Battles
A.
&
William
Blyth
Inc.—
Blair
;
Securities
Butcher
&
_J
Dain
M.
Dallas
&
&
&
&
Drexel
Crouter & Bodine—
H.
L.
Clement
Evans
Fauset.. Steele
The
——
Parsons
Hallgarten
Wm.
P.
&
Co.
Henry
T.
H. Jones
Bissell
Laird.
Lee
Merrill.
Turben
Co.___
Mayn-rd
R.
Mosle
Rotan
Saloman
Co
Scranton
W.
Shields
Sills,
Singer,
Deane
Smith,
Barney
William.
R.
Staats
Co
Sutro
&
&
Co.
Inc.
.
ular
;
1,374,505
21,986,833
12,669,139
Trask
Corp._
——
Co
&
—
210,849
305,128
f3,992,383
4,520,590
Neuhaus
&
Co,_
—___—
61,850,657
46,635,787
512,381
5,260,492
6,822,275
Securities
Vietor,
Common,
Dann
Walker,
G.
H.
Austin
Walker
&
&
&
charge
for
Federal
39,813,512
56,590,165
-5,312,013
7,685,257-
Waggener.;
Co
taxes.
income
___
___.—
■
'
-
,
of
the
is
gas
_
77,612,742
20.090,494
8,141,176
66,004,359
11,765,879
5,236,505
77,762,029
27,125,778
7,526,589
$0.96
provision
including
1
•
'
'
after
deprec.,
(& Subs.)—Earnings—
1948
1947
$4,803,377
$3,573,750
702,770
-
530,950
depl., interest, etc
284,000
4
•
'
,
Inc.—Acquisition—
\
on D"c.
1 announced that this company
capital stock of Mackhank Petroleum Co,,
engaged in the development and^
in the Gulf Coast area of Texas.—V. 115,
actively
Co.
/ :
Co., Inc.,
will
profit
r
2164.
shares outstandings— _____
per share
June
'
1
/
.
End. Sept. 30—
____
will acquire
Rights expire
Dec.
Jan.
this
705,707
8,083,443
5,983,882
164,295
119,711
1,973,280
taxes
144,741
96,607
2,033,494
1,735,162
84,168
84,168
1,010,000
1,010,000
$128,362
$323,313
$3,779,463
$3,880,849
Inc.
15. C. V. Starr
other
operating revenue
Other
and hold for investment
Dec.
income
Gross
(net)
Int. & oth.
deduc.
1
declared
a
2%
stock dividend
and the- reg¬
1947.—V. 168, p. 1946.
168,
I-B-R
■
•
■>
the
sections
on
genera] information, general
Products covered include heating boilers,
burners, combustion chambers, hot water
radiators.—V. 168, p. 1735.
include
ratings.
units,
boilers,
______
and
oil
terms,
boiler-
—
Gross
from
Net
from
ry.
3,000
5,400
Gross
Net
from
Net
1947
1946
1945
$126,291
$160,613
$154,691
•18.915
•21,364
21,502
50,789
•14,755
*13,997
10,545
29,876
1,356,604
1,534,341
1,310,519
*78,990
116.775
163,813
1,183.566
236,136
17,341
71,870
151,463
income___
ry.
railway,
oper.
1,137,870
$2,770,353
210,000
income—
*117,653 "
168, p. 2054.
210,000
$2,560,353
to pfd. stock for the period
2054.
p.
•
.
ICC
Nov,
on
8
authorized
the
company
to
not
issue
exceeding
such exchange to be in
of existing and
the ratio of three shares of new stock
potential stock.—V. 168, p. 2165.
Wayne Pump Co.—Debentures Sold Privately—Henry
& Co. announced Dec. 1 that $2,500,000 4%
Herrman
sinking fund debentures of the company have been sold
privately. The debentures
Nov. 1, 1963.
The
company
manufactures
are
dated Nov. 1, 1948 and due
self-measuring
gasoline
tanks, air compressors, hose reels, hydraulic hoists and
Its
devices.
Angeles,
168,
plants
Calif.,
are
Toronto,
located
in
Canada,
Fort
Wayne,
London
and
pumps, meters,
aviation fueling
Ind., Delta, O., Los
Rio de Janeiro.—V.
2165.
p.
8.47%
over
of
week
Output—
properties of this company for the
Nov. 27, .1948 totaled
110,349,000 kwh., an increase of
the output of
101,827,000 kwh., for the corresponding
output
ended
week
of
the
electric
1947.-
25-Cent
A
railway
•Deficit.—V.
937,019
$2,916,823
West Penn Electric Co.—Weekly
$126,435
railway
from
74,857
$248,973
$1,704,900 of common stock (par $10), to be exchanged for a like aggre¬
gate amount of outstanding stock and stock liability for conversion,
consisting of 56,830 shares (no par, but with a stated value of $30 a
Power
1948
railway
oper.
78,651
$61,524
supply
Utah Ry.—Earnings—
October—
—
27,374:
$3,908,223
Waterloo Cedar Falls & Northern RR.—Stock Exch.—
The
share),
make it an
Contents
and
74,379
$3,853,842
(net)
Dividends applicable
book, which is illustrated with pictures and
effective sales tool for jobbers and the trade.
These
include:
prepunching of pages to fit into three-ring binders;
a
cover page index, and the name of each unit listed on
the top out¬
side margin of each page for quick and easy reference; and complete
prices and data on a single page for each product.
-
517
$323,830
Corp.—2% Stock Distribution
division.
of
1
income
Net
11,813
$140,175
„
income
1,332,766
$2,706,823
80 cents in
features
diagrams,
other
and
taxes
&
Property
Net
United States Radiator Corp.—New Data Book—
Publication of a new • 32-page trade price and data
book covering
the complete line of boilers and
radiators sold by this corporation,,
was
announced Nov. 27 by V. W. Blackney, Director of Sales in the
Several
.
$1,329,506 $16,621,562 $14,180,777
822,869
-
States Plywood
compared with
1948—12 Mos.—1947
1948—Month—1947
$1,344,435
Prop, retire, res. approp.
.;
.
—
total
securities,
30,
Washington Water Power Co.—Earnings—
Period
Federal
assign
'
on
$379,950
170,000
$2.23
assets were $10,482,469;
cash, $625,426; and
$23,530.
Inventories totaled $1,476,646.
Cur¬
rent assets at June 30 amounted to $5,507,109 and current liabilities,
including $475,000 of sinking fund payments, were $1,643,351.
Longterm
debt
totaled
$3,579,000;
capital
surplus was
$1,738,080 and
earned surplus was $1,711,997.—V. 160, p. 1235.
On
Federal
in the City of New
has offered
shares not taken by stockholders. Proceeds will be
capital to be used in company's insurance business.
basis.
any
160,000
$418,770
170,000
$2.46
taxes
income
taxes.
1
.
& Pipe Corp.
—
marketable
$4
at
433,736
$1.02
409,732
155,639
$0.36
for Federal income
425,900 shares outstanding.—V. 168, p. 1628.
on
Capital
..
.
"
,
,
and
and
share
distribution
2,000
4,000
683,955
Earnings
wages
period).
cash dividend of 25 cents per share on the common
payable Jan. 12, 1949 to holders of record Dec. 31, 1948.
20, last the company paid an extra cash dividend of 50 cents
issue.
Dividends paid in 1948 amounted to $1.50 per share,
1,000
:
614,605
144,956
$0.34
share—
charges
all
sales
Net
8,000 shares (of the 62,000 shares) to
per share. The balance
(9,360 shares) is beingother stockholders of record Nov, 24 at $4 per share on a
p.
4,500
Co.__
980,691
1948—3 Mos.—1947
1948—9 Mos.—1947
$5,114,218
$4,971,553 $15,416,560 $14,623,650
profit
Profit
6,000
10,500
Corp
$6,792,087
1,910,632
Inb. (& Subs.)—Earnings—
sales
r
Net
From Jan. 1—
Union
1,756,387
2054.
p.
for each share
6.000
Anthony & Co.
5,824,394
on
directors
On
as
•
1945
$7,571,630
11,124,276
Warren Foundry
_______
5,400
4,500
168,
,
both
on
„
8,388,197
6,444,729
$8,722,267
2,333,690
89,450,970
25,100,303
income
oper.
•After
quarterly
stock,
—___
2,000
Co._
Underwood.
11,885,200
11,770,559
29,446,058
President,
75%
increase
Net
Tucker,
1,615,891
518,990
International
United
The
___:
329,788
1946
1947
railway.
railway
from
from
ry.
—V.
1,000
Swiss American
Spencer
;
States Life Insurance
burner
Stroud
24,058,164
197,132
-
1948
Operating revenues
purchase
.__
1,000
—_
Co
&
__
Waldorf System
^35,871,441
1946.
p.
oil
of
to
for
to
4.000
,—
Frank & Meyer—
Stern,
Stix
7,684,897
__
income
2054.
railway,
railway
tBased
any
V
shares
168,
2.U00
;_____
12,394,350
7,565,969
railway__
railway—
from
Total
2,344,754
Texas,- which
used
10,500
—
& Co
168,
.
Individuals
share
to
1.000
Scribner
&
30.389,715
11,535,102
843,878
$1,612,132
20,961,730
6,015,690
4,017,970
1,330,722
31,334,895
$1,942,330
371,516
285,727
$3,251,157
1,375,856
916,129
Wabash RR.—Earnings—
Net
-
offered
-
1945
1946
1947
$3,398,136
income.
p.
Net
1.948, and other taxes include accrual for-payroll taxes
31,
A
The company
six
4,000
1,000
Inc.__
$1.63
*
all
from
Whiton,
F.
—V.
6,000
•___
2,938,425
$1.46
1948
oper.
168,
Gross
$
$
8,204.247
purchased
46,640
6,000
______
Co._
Co.,
&
Minton
"
American
4.000
—,
Agnew &
$4,776,178
2,946,273
outstanding..,
From Jan. 1—
Nov. 18 filed a letter of notification with the SEC
covering 62,000 shares of capital stock (par $4), exclusive of 63,000
shares to be issued to C.
V. Starr at $4 per. share for investment.
5,400
2,000
...
Co
&
Co.___
&
Shuman
$
York—Files With SEC—
>
__
,1.000
Hutzler__;—
&
to
1
•
United
2,000
Schoellkcpf, Hutton & Pomeroy, Inc.Chas.
companies)
1943—10 Mos.—1947
______
2,000
_______
Moreland_.
and
Bros.
______
1,000
—
$4,296,084
stock
Operating expenses
Co,, Inc.—3.000
&
Robinson-Humphrev
The
the
and
—
include
not
1642.
p.
—4,000
Gardner__
&
•
has
2.000
Co., Inc.__,
2232.
(Earn, per com.
—
production
7,000
Inc.
1,447,355
$6,223,533
1,447,355
requirements..—
common
$10,425,238
Net" from
;
3,428,459
Net ry. oper. income—
1,678,297
4,144,761
chgs—
other
income
Houston,
2,000
2.000.
4,500
Co.__
Co
&
$5,743,439
from
•Net
income
and
H.
5,400
4,000
—
Rauschrr, Pierce
Reinholdt
y__.
v
10,500
_•=____
:
Co._
Ouail
between
'
1,601,991
____—:
sources
2 000
Shepard &
Hawlev,
'
5,648,644
from oil
(net)
6,000
&
$380,931
Period End. Sept, 30—
Union Sulphur Co.,
2.000
Winslow,
&
or
facil.
opers.
16
'
■
I
Co.i.u._^_w— U.——v—2.000
Pressprich
W.
$
______
joint
thereon.—V.
______
Company
W^st
Prescotf.
accounts
1948—Month—1947
NOTE—Operating expenses include accrual for increase in
10
cents
per
hour for non-operating employees, for the
Oct.
„;
Paine, Webber, Jackson & Curtis
Perrin.
Y.,
N.
(& Leased Lines)—Earnings—
rents—net charge
5,400
2,000
Co.—
Northwest
Pacific
York,
New
21,106,761
and
•Does
4.5n0
—_
Murch
H.
Ohio
The
Street,
2,477,313
taxes
of
___
& Beane_,___
Wells & Co
Mullanev,
Nassau
28
—V.
22,999,590
23,007,211
5~400
6,000
_■
Co._
&
2,062,816
$614,588
87,338,059
5,400
.-_
Co
Tully
$8,286,349
2,422,602
for
from
ry.
29,763,528
J
^
—
Moseley & Co.
F. S.
$8,166,041
177,366
oper,
Net
98,512,289
~
5,400
&
Milwaukee
Mitchum,
Co.,
Gross
$200,000
next,
1,
3,100,000
sources
10,500
*
ry.
Federal
— _
—._
Net
Net
Jan.
11,337,965
Net
fi.noo
__—
Lynch. Pierce, Fenner
Merrill
The
$558,297
219,235
from
of
on
4,148,382
2,051,364
Total
5,400
&
$833,824
—
amortiz.
p.
Payment will be made at the
100.
at
13,450,381
Fixed
—__
& Co
A. E. Hasten
•
taxes.—
5,400
10,500
Inc
Mason-Hacan,
$8,432,172
145,823
6 Months Ended June 30—
fi 000
Co.
Marks
M.
Laurence
/
*
ry. .opers.
income
other
1,000
Brothers
62,023
number common shares
common share___
Net
Income from invest, and
2.000
2,000
Inc
Corp._______
$8,228,064
15,176
from railway..
railway
Gross
aforementioned
fr.
gas
4,500
Co.—_—
&
&
Higginson
Lehman
&
'
rev.
•Incqme
Meeds—2,000
Peabody
Kidder,
approved the
1
redemption
1967,
operations
10.500
2,000
,_
Co
&
McCormick
$573,473
5,586
Virginian Ry.— -Earnings—
Net income fr. transp.
1,000
___i_
Inc.—
Space and Co.,
Lane,
Kebbon,
!,
& Co
Co.__
&
Herrman
$839,409
loss_
October—
shares
11,550,000
39,540,958 362,788,925 333,368,295
28,202,993 264,276,636 246,030,236
,
2,000
4.500
4,000
Co._
&
Ripley & Co.,
Miller & Co.__
Stone & Co—
Johnson,
Dec.
1627.
for
1,
offsetting
1
Equip,
6,000
__
—
Harper & Son
Hayden.
on
from
42,432,413
28,982,032
10.500
Inc
Co.,
Harriman
Hayden,
stock
3'/2
revenues.
10,500
Co.—
&
&
Sulzberger
HalloweP,
*
Other
4,000
—
Corp._
Co
Forgan & Co.—_i:
_____
Goldman, Sachs & Co.——
Scott
revenues-
dividend
168,
—V.
1,000
Glore,
Grubbs.
2,948,724
3,516,267
57,764
57,764
the
of
into
aggregate
expenses.
Net
1,000
1,000
10.500
Co., Inc..
Co.—,
&
Southwest
Graham,
each
oper.
4.000
—___.
_
&
Boston
Fi'st
First
changing
oper.
Federal
10,500
Co.—
& Co., Inc._;
Securities Corp.___
A.
consider
common
—V.
Split Stock—
7.000
Emerson
Equitable
693,168
2,672,410
3,966,777
_
Balance
Average
Railway
2,000
&
693,168
189,579
299,012
and
Preferred
ABC"-
to
confirmed
Railway
2.000
Co.
Dillon
Eastman,
Read
Dillon,
*
2,000
.
Co._
&
of
(Excluding
1,000
_i.
,
Pancoast
&
of
p.
Period End. Oct. 31—
1,000
Townsend,
Robertson
Doolittle
not-acceptable
California—Partial^Jtedemption—;-
called
been
have
debentures due Jan.
5,400
1,000
Mejia__,
DeHaven
Dewar.
was
Security-First National Bank of Los Angeles, Sixth and Spring
Los Angeles.
Coupons due Jan. 1, 1949 should be detached
and collected in the usual manner.—V. 168, pp. 1189 and 194. -
2,000
Co
21,645,624
3,340,684
3,078,730
302,496
taxesr
income
Net
Streets,
2.000
Co
Trust
V.* 168,
also
See
will
13
The SEC
Union Pacific RR.
1,000
Co
Union
Davies
&
283,001
October—
4,000
Co.___
Weedon
Crowell,
J.
Balance
Gross
2,000
Corp
r__
&
255,691
.
26,569,301
3,820,381
3,281,389
2,046,334
329,185
259,600
340,818
oper.
Interest
______
7,000
Co
Co'lins
1948—12 Mos.—1947
$3,754,947 $49,231,489 $43,655,370
the
at
*
6,000
—
Callings and Co., Inc._—._
Julien
•
:•
—
1.000
(Inc.).
.__
Clarke
W.
&
C.
Co.—Earnings—
$4,411,301
taxes
Net
Twentieth Century-Fox to buy
company.
He declared that the film
shares
12,000,000 shares.
office
2,000
Co
Richard
C.
(about $4>»
Proceeds go to
by
3,300,000
shares
of
common
stock
stock; also further. increasing the
4.000
Clark, Dodge & Co.
Cohu
■
,
2,332,122
Other income—net
American Broadcasting Co., Inc.,'
stock, on Dec. 1 announced that
offer
common
authorized
of
There
4,000
.
Co.
to
______
10,500
1,000
Corp.
Phillips
of
number
4,000
.
Sherrerd_
Republic
Central
dealers.
1948—Month—1947
adjustments
tion
Other
6,000
Co.
&
;
"
1.000
Inc.__
Buckley
Caldwell
common,
Dec.
on
new
3%
1.000
Inc
Sullivan
stockholders
Union Oil C6. of
2,000
George D. B. Bonbright & Co
Boswcrth,
ot
authorized
1
2,000
.
Co.—
&
Co.,
&
Co.
$18,636,436,
year and
From Jan. 1—
i.
__
.
.-x
&
The
_"
4,000
Kraus
Co.,
;
revenues—_
Federal income
k
1,000
Inc._________—
Co.,
Co
Becker
G.
termination
proposal'.
9,613
<
4,000
Harden_
&
&
&
its
President of Twentieth Century-Fox,
negotiations.—V. 168, p. 2232.
presently
6,000
__
Co._,
Baird '&
Burge
Barth
25,667
_
Whipple &
brokers and
2054.
& Power
Depreciation
Amort, of plant acquisi¬
Buy
to
Skouras,
P.
shares
the
10 987
29,333
Corp
Corp.—
Co
&
from
fColumn B
^Column A
_
Securities
Bacon,
purchase
to
,
Webster Securities
American
168, p.
Earnings- per
additional units ak to
the number of
and
underwriters
-
Stone
of
has rejected an
the
Broadcasting
Union Electric Co. of Missouri—To
certain
to
at market
offered
be
to
through
or
Maintenance
New
the
Y.
purchase from
to
'
offer, although "substantial,
negotiations had ended.
that
and
UNDERWRITING—The
names
of
the principal underwriters,
the
number of units' which each such underwriter has severally agreed to
which
Corp.—Offer
Film
of
President
53%
of
of
company^
the
Ncble,
J..
holder
company
control
Broad
for
agent
and
165
the
for
agent
Incorporated
Trust
&
Edwayd
maximum
and
York
Century-Fox
Control of ABC Is Rejected—
his
Incorporated,
New
&
Morgan
companies
is Manufacturers Trust
The
Y.
N.
Chemical
N.
15,
P.
J.
and the registrar
York
New
York
is
Y„
8, N.
St.,
amounted
taxes.
corresponding period last
the
stock
common
foregoing companies
transfer
REGISTRAR—The
AND
stock
'
.
,
Twentieth
305,000
_
company
1948
of
$2.09
Federal
and
2,500
Total
The
'
:
common stock (par $2.50) of which 80,000
120,000 shares by certain stockholders,
Rauscher, Pierce & Co., Inc.
Company's proceeds will
general corporate purposes.
for
A
sold
Operation
200,000 shares of
be
be
stockholder.—V.
Operating
will be sold by the company and
ynderwritev,
class
will
Virginia Electric
Sherman, Texas—Regis¬
;
7 000
Gas* Co
Richmond
months
nine
..Period End. Oct. 31—
Nov, 26 filed a registration statement with the SEC
7,500
Co.—
of
shares
$1.78
"
8,000
•
first
$4.07
$5.42
,
profit-sharing
depreciation,
,
-
Tucker's Foods, Inc.,
(Mrs.)
The company on
20,000'
:
Gas
Co
985,107
Stock
'
.
ters With SEC—
60,000
System
Lighting
'■
70.000
—
$1,753,934
985,107
"$2.32
^
luO.OOO
__
"
taxes.
*$2,282,588
.
258,182
Virginia Dare Stores Corp., New York—Files With SEC
On Nov! 22 a letter o/ notification was filed with the SEC for 20,000
coal produced in the six months' period amounted to
compared with 3,023,690
tons
a
year
ago.—V.
168,
of
3,406,039
30.UU0
Consolidated
Kings
Brooklyn Borough
Inc
Co.—
Co.—"
Elizabethtown
County
York,
Gas
985,107
,$1.30
$1.35
income
Federal
Tonnage
Co._i
Gas
Philadelphia
Island
of
Co.
Electric
$1,279,905
985,107
Demand MCF
Public
the
1945
$556,438
258,632
$4.11
share
charges,
for
1946
$1,052,116
258,632
$10,554,407 in the same period in 1946.—V. 168, p. 1050.
selling
Contract
Consolidated
all
•After
168,
1948—6 Mos.—1947
$1,325,5L5
profit
•After
Daily
.
Earns, per com.
units.—V.
(& Subs.)—Earnings—
1948—3 Mos—1947
Com., shrs. outstdg
Earnings per share
con¬
'
.
of additional
Sales
Period End. Oct. 31—
•Net
follows:
as
tNUmber
1947
$1,402,363
1948
—$1,594,952
shs. outstdg.__
387,948
compared with $15,434,134 in
the FPC, company is authorized to
utility companies at daily contract demand
pounds
purchased.
15
Inc.—Earnings—
Sept. 30—
profit_
Common
4,000
2,000,
;
._.
units
of
9 Mos. End.
•Net
2,000
Truax-Traer Coal Co.
granted by
publie
Co._,
-
2232.
p.
<
proposed pipe line system Is approximately'
CUSTOMERS—Under
necessity
&
•Number
present
on
Inc
Cumihins,
Weeks & Stubbs
Yarnall
material, freight and labor costs and
provision of approximately $7,500,000 for contingencies.
and
volumes
of the
cost
based
COMPANYS
venience
River
Hudson
&
Whiting,
Hidalgo County, Texas, and will traverse the States of Texas, Louisiana,
Mississippi, Alabama, Georgia, South Carolina, North Carolina, Vir¬
ginia, Maryland, Pennsylvania and New Jersey, and terminate at the
bank
Van Raalte Co.,
6,000
Co.
&
(2331).
tColumri B
4,500
Wertheim
pressure
a
CHRONICLE
•"Column A
line
of
east
FINANCIAL
&
of 340,000,-
delivery capacity
estimated maximum
an
of
COMMERCIAL
LINE—Company's proposed main transmission line
approximately
system
THE
Number 4757
168
dividend
Common
Dividend—
of
per
25
cents
share has been declared on the
common,
Dec. 27 to holders of record Dec. 10.
Payments were
inaugurated on this issue on March 25, last, by" the distribution of
25 cents per share, which was followed by similar dividends on June
30 and Sept. 30.—V. 168, p. 2271.
stock,
payable
IS
(2332)
THE
West Penn Power Co.—Declares 55-Cent Common Div.
The
directors
have
declared
dividend
a
of
55
cents
share
per
payable Dec. 24 to holders of record Dec. 15. This
payment compares with 45 cents per share paid in the June and Sep¬
tember quarters and 40 cents in the March
quarter, making a total for
the year 1948 of $1.85
per share, as compared with $1.65 paid in lp47.
—V. 168, p. 2055.
Period End. Septr. 30—
1948—3 Mos.—1947
Operating revenues
Oper. expenses & taxes
Net
operating
Other
income
$3,124,761
OclODer—
Gross
Int.
1,977,558
8,141,484
*
6,636,047
$830,804
$2,911,755
$2,660,501
5,172
income
&
Dr 114
27,084
8,681
—V. 168,
168,
$2,938,839
673,843
630,916
Total
$673,086
$2,264,996
$2,038,266
West Virginia Water Service
1947
1946
$1,789,493
1,215,821
1,335,267
$605,148
29,163
income
Gross
income
Net
sh.
per
168,
o!
1946
$8,424,487
$5,577,903
$3,149,688
27,076
1
income
1947
22,447
26,347
.:
$8,451,564
$5,600,351
undev.
of
4,328,040
253,781
165,282
2,479,938
182,689
leaseholds,
198,233
211,967
187,637
236,965
$355,898
stk.
$300,715
$303,889
taxes
Surplus
$1.37
$1.38
$1.33
—V.
(1)'
The
price of
sale
for
the
Inc.—Offering
of
them1
securities
all
of
the
protective
terms
of
the
series
and
A
1
B
1
stockholders will receive subscription rights entitling
purchase at $20
per
share one
share of common stock
for
five shares
each
will
expire
held,
as
Dec.
of the record
date of
Dec.
I.
1948. This issue-of 47,206
shares of common stock is being underwritten by a
group headed by
Harris, Hall & Co. (Inc.), Chicago, and The First Trust Co. of Lin¬
coln, Neb.—V. 168, p. 2165.
Western Maryland
-
Operating income
facility
$674,403
_u_
rents
15,
-
Crl69,708
—
rents....
1948—10 Mos.—1947
$3,734,532 $37,354,937 $34,640,546
2,462,597
25,731,766
23,857,038
517,000
5,404,000
4,604,00Q
636,000
$754,935
$6,219,171
Crll7,008 Crl,430,103
Drl4,185
Net
income.
Drl4,163
$829,926
$6,179,508
Cr433,180
Drl27,404
jDrl27,692
$857,780
21,373
oper.
ry.
19,656
income
income
$851,299
Fixed charges
Net
$7,521,582
199,424
168,
$877,436
240,248
income
$6,485,284
188,038
$7,721,006
243,732
$611,051
...
$633,704
2,334,422
2,342,080
$5,386,584
,
1948
1947
$1,079,492
375,635
69,309
—
property
89,827
152,816
taxes
Excise
taxes
Social
security
Capital
stock
Federal
income
income
to
88,500
4,400
—
of
742
1,487
$260,392
$312,308
$308,731
of
156,707
157,150
$105,423
'■
...
$155,602
$151;581
prior
taxes
Approp.
to
168,
Cr27,48o
ircome
special
before
$105,423
reserve
$155,602
155,602
105,423
789.
$179,062
179,062
1948
Gross
Gross
1948
from
Net
from
Net
ry.
railway
railway
oper.
1947
$4,777,633
$4,136,710
1,538,261
$4,315,664
1,394,092
804,709
614,396
$5,872,044
754,985
2,665,207
Prom Jan. 1—
Gross
from
Net
from
Net
ry".
ry.
—V.
168,
246,487
railway—
.
36,995,623
.
9,558,317
income
32,309,701
7,176,186
3,498,035
4,806,579
CONSOLIDATED
INCOME
35,644,975
8,647,529
3,872,885
50,739,319
19,993,343
5,602,826
operating
Operating
1948—Month—1947
revs.....
expenses
$5,193,392
$4,488,183
3,249,342
2,810,667
...
operating
21,943,185
18,916,305
from
rev.
ry.
$1,944,050
op.
Payroll
tax
accruals...
1948—10 Mos.—1947
3,794,009
accruals.__
$9,758,318
$7,289,996
158,102
1,065,858
2,152,881
1,045,629
1,478,734
633,009
All
other
Ry.
tax
ry.
accr.
120,805
$1,067,762
(net Dr)
$970,150
$5,493,950
602,404
947,768
$4,261,091
2,266,366
1,946,942
$865,184
$4,580,536
$3,229,638
86,305
...
104,966
$895,025
inc.
income
oper.
and
exps.
Gross
taxes
$8,540,905
32,922
562,378
613,222
913,414
1,031,453
$981,330
deductions
Fixed
♦Net
and
other
$5,142,914
(before approp.)..
'
available
1,102,447
45,594
446,788
560,352
524,959
$945,806
$817,118
$3,593,679
$2,757,549
for
contingent charges, I.e. capital fund, interest
general mortgage 4Va% income bonds,
sinking fund
on
corporate
purposes.—V.
168,
p.
2166.
Weston Electrical Instrument Corp.—Bank
with
Of
Nov.
three
the
16,
corporation
borrowed
banks, evidenced by 3%
proceeds,
ami the remainder
$400,000
was
was
used
$1,500,000
notes
to
added to working
$2,167,047
$8,870,244
$6,058,404
1,967,637
1,968,487
1,967,637
$1.48
$1.10
$4.51
$3.08
of
Net
3,162,268
Net
'
3,047,655
in
500,000
$5,425,032
*
and
$5,927,645
Gross
Balance
of
and
$6,495,468
revenues
$7,730,328
income
-
$9,336,369
1,778,042 \ 3,329,484
$6,006,885
500,000
500,000
under
Loans—
an
agreement
maturing on Nov. 1, 1953.
short-term bank notes
repay
capital.—V. 168,
in
operating
$5,664,154
„
quarters,
sales promotion reserve
confusing
to
carry
will be needed, but it
apt to be misin¬
and
1948
and
incorporated in Pennsyl¬
Business was originally founded as a sole
proprietorship
conducted in that form until its
incorporation. Com¬
wholesale merchandising business in
a
and
As
trucks
and
incident
an
1947
1946
parts
its
of
automobile
the
rebuilding
repair
or
of
truck
motors,
,
TO
PRESENT
FINANCING
Outstanding
_
stock
and
merchandising activity, the company
for
(par
$2)
200,000 shs.
121,477.5 shs.
NOTE—The
foregoing gives effect to a reclassification of shares
which
took place on Oct.
14,
1948, through an amendment to the
company's articles of incorporation. By means of the
reclassification,
each of the 3,981
previously outstanding shares of common stock (par
$50) was reclassified into 27>/2 shares of the
present common stock.
*
PURPOSE—The
shares
offered
will
net
by
in
it
proceeds
It
by
reimburse
expended
will
the
in
the
Lancaster,
be
to
the
applied
company's
acquisition
of
general
a
in
new
for
sale
of
purposes
the
amount
merchandising
outlet
OF
INCOME
Calendar Years
30,'48
—
1946
1945
$1,882,666
$1,557,943
591,116
1,267,505
1,061,705
$2,039,093
1,653,040
224,304
464,848
359,416
277,089
$66,842
2,402
$150,312
$136,821
$108,963
19,606
1,179
1,290
$69,245
$169,918
$138,000
$110,253
716
680
872
25,301
61,823
49.937
72,390
25,301
goods
1947
$882,262
sales
Sell., adm. &
$9,848,719
8,653,073
the
corporate
part
Pa.
6 Mos. End.
of
from
company
for
treasury
STATEMENT
61,823*
sold
gen.
exps.
Gross
profit
Income
Other
—_
$962,945
$1,195,646
10,811
35,041
31,303
Total
Interest
paid
$854,498
$997,986
$1,226,949
Federal
normal
425,610
income
automotive
Authorized
Common
$843,687
422,511
430,842
revenues
deductions
brands
many
to
machine shops
parts and equipment.
Cost
$12,448,246 $10,954,702
11,604,559
9,991,757
taxes
Further details follow:
was
was
$5,506,885
Co.—Earnings—
revenues
non-operating
.
&
income
excess
Profits
$428,888
$575,474
$796,107
p: 1090.
168,
and
located
revenues
expenses
is
BUSINESS—Company
June
operating
Gross
AND
1922.
-
12 Months Ended
Sept. 30—
Total
p.
500,000
$5,446,425
Wisconsin Gas & Electric
Net
168,
operates several
and
$6,164,154
....
income
operating
$517,418
two
accessories,
Net
Total
first
per
accessories.
$8,082,856
1,253,512
$5,946,425
—V. 168, p. 1090.
Total
separate
figure
2055.
1946
$7,942,197
1,783,903
on in¬
vestment in capital stock of trans-
Net
a
when the added selling effort
separate
CAPITALIZATION, GIVING EFFECT
$6,658,352
1,283,844
1,234,860
(before approp.)„
subsidiary
$830,753
the
in
up
supplying automobile dealers, repair shops, gasoline
stations, fleet operators and garages in central-eastern Pennsyvania.
Company distributes parts for numerous nationally-known
$5,866,161
1947
Approp. for contingent losses
portation
$239,800:
set
service
$44,355,846 $38,690,556 $34,184,768
37,860,378
32,032,204
26,101,912
taxes
income
Total deductions
$302,325
promotion
minimum of 28,000 shares.
a
1900
ONLY)
1948
revenues
non-operating
the
pany conducts
$6,366,161
500,000
$7%
vania
4,628,181
$6,427,645
(COMPANY
operating revenues..
Total
that
automobiles
STATEMENT
operating expenses
sales
HISTORY
invest,
on
income
operating
to—
for
into the future
and
transportation
INCOME
:
share by Suplee, Yeatman & Co.,
Inc., Phila¬
Company is offering 12,000 shares and selling
stockholders are offering a maximum of
45,000 shares
$9,475,300 $10,994,342
500,000
capital stock
Wisconsin Investment
State
Income
profits taxes
taxes
49,937
72,390
2,662
6,507
5,281
3,917
$41,281
income
Net
Co.—Earnings—
-V.
Nine Months Ended
Sept. 30—
General
*Net
and
administrative
income
1948
$100,870
$82,101
$33,072
tax
shares
outstanding
per
common
•Before
net
realized
$108,746 in
and
expenses,
496,183
$0.04
investments
on
of
at
p.
1090;
2165.
p.
$0.08
$96,046
in
Zenith Radio Corp.—Starts Mass
1948
and
This
and
corporation
revoluntary
Nov,
22
by
quoted
hand
market
receivable,
SHEET, SEPT. 30,
and
in
value
$5,613;
quoted
banks,
(cost
due
1948
$222,981;
S.
sale
of
values,
they
will
will
be
The
government
$200,078), $200,124;
on
market
that
country
U.
dividends
capital
stock, $348;
$1,374,847; prepaid
total, $1,804,850.
"Instead
feature
income
of
and
movie.
It
are
30, 1948, $110,889; total, $1,804,850.—V. 168, p. 1090.
Total
operating
expenses
and
Co.—Earnings—
station
into proper
$7,530,377
taxes
6,328,626
may
for
1948
1947
•
$5,861,997
4,452,572
5,418,026
operating
revenues..
revenues
$1,201,751
$1,385,634
$1,409,425
51,223
51,983
16,599
$1,252,974
$1,437,618
$1,426,024
is
it
is
turn
on
said
and
that
throughout
is
is
equal
in
be
can
is
sets
ordinary
awaited
He
29,
the
quality
watched
Zeniths
new
built
in
larger,
to
three
sharper,
16
a
mm.
comfortably
in
a
from wide side angles
design.
the
as
the
which
seen^ distinctly
innovation
areas
picture
The
conventional
television
In
There
Bulls
to
easy
operation
all
Eye
automatic
operate
that
as
you
a
do
tunej^
radio
to
with
frojn
go
the
is
for
also
volume
a
individual
control
preference,
and
and
contrast
control
which
supplementary adjustments
uses.
Zenith
television
Zenith's
method
first
too
with
Nov.
on
picture
screen
fully
be
long
announced
permits.
rectangular
models.
that
can
television
its
was
President.
say:
Circle
is
and
area
production
to
of
it
Jr.,
tuning knob, which automatically locks
position all of the tuning factors for both audio and video
set
Each
vision,
of
Net
be
special
1946
$6,803,660
these
station
to
Giant
and
Zenith
tuning.
Chicago
other
on
different
impossible
makes
the
into
went
brilliant
so
automatic
circuits.
12 Months Ended Sept. 30—
Total operating revenues
for
room,
"Another
in
receivers,
McDonald,
expanding
as
brighter,
lighted
that
F.
conventional
a
is
well
which
introduced
sizes
pre¬
Wisconsin Michigan Power
Output of Television
production
mass
television
E.
sale
on
luminized
a
different
dividends payable, $983; reserved for refund
to
stockholders—refund of Wisconsin
privilege dividend taxes, $262;:
common
stock
($1 par), $512,052; capital
surplus, $751,828; acumulated net realized gain on
investments, $639,020; unrealized deprecia¬
tion in quoted value of U. S. Government
securities and marketable
of
go
rapidly
as
begun
of
announcement
clearer,
LIABILITIES—Accounts
payable,
$6,552;
accrued
Federal
takes—years 1944 and 1955, $4,690; provision for retirement
has
line
Commander
they
on
securities—at
$937;
168,
Receivers—
$39,340
1947.
interest
marketable
*
512,052
share
gain
BALANCE
securities
19|829
$18,179
__
Common
$59,169
24,303
expenses
——.
profit
1947
$42,482
interest
and
Total non-operating
On:
423,523
delphia.
306,414
$5,925,032
Approp. of conting. losses
$3,842,860
35,393
44,207
income
♦Amount
requirements
$898,106
Cr8,683
...
charges
468,368
$9,087,300
income
of
at
1946
$9,006,932 $10,687,928
546,395
income
Total deductions
in
1947
$57,490,702 $51,107,439 $46,022,327
48,949,797
42,100,507
35,334,399
operating revenues
Total non-operating revenues
securities at Sept,
Misc.
■649,658
(E. S.) Youse Co., Inc., Reading, Pa.—Stock
Offered—
As mentioned in our issue of Nov. 22 an issue of
57,000
shares of common stock ($2
par) was offered Nov. 18
(& Subs.)—Earnings—
1948
'
ferred capital stock, $352;
172,737
Net railway oper.
Other
428,459
129,789
operating Income
& jt. fac. rents
Equip.
,
217,384
4,375,663
2,969,735
Net
$39,417,323 $34,381,647
29,659,005
27,091,651
$1,677,516
111,489
tax
411,490
3,183,339
1,968,487
amount
17,899,397
6,196,175
3,278,783
revenues
ASSETS—Cash
Income
430,884
4,736,003
278,859
earnings of
terpreted."—V.
6,958,183
Wisconsin Electric Power Co.
•Earnings
ACCOUNT
(Including Sacramento Northern Ry. Tidewater Southern Ry.
Co.)
Period End. Oct. 31—
140,833
1,120,253
have preferred to continue
over
300,558
25,053,172
12 Months Ended Sept. 30—
otal
1945
541,510
1946.
p.
6,899,70SP
140,456
1,540,907
taxes..
The company stated: "While
earnings for the year 1948 may benefit
through savings arising from an abnormally low expenditure for sales
promotion, our experience tells us that much of the lag in current
outlay must be caught up in 1949 and future years when it
again be¬
comes necessary to
resume more aggressive
selling policies.
We would
$1,923,995
479,355
410,957
oper.
Income—Dividends
railway
oper.
8,143,033
1945
812,226
income—
2,602,009
$1,523,424, is now discontinued, it being apparent that the actual ex¬
penditure for the year will not run as high as originally estimated.
4
railway——
railway
income—
from
-V.
1946
1,773,087
_
19,938,429
2,710,651
$2,907,757
reserve
appears
from
Net
1946
$2,101,654
649,107
317,141
From Jan. 1—
Net
1947
$2,460,637
778,851
Net income
Western Pacific RR.
Co.—Earnings—
October—
$36,914,900
23,307,029
expenses
income
above
Ry.—Earnings—
railway...
Net ry. oper. income
Total
approp.
reserve
special
p.
$307,244
154,969
——
overaccrual
net
'
$311,566
784
deductions
Total
Cr900
87,700
...—
•_
year's
5,604
$259,608
Total
Net
5,486
56,400
taxes...:
$46,136,901
7,589,615
foreign subsid. incl.
1736.
24,404
______
taxes
income
Reversal
85,69?
136,989
25,969
taxes
Net earnings
Income
51,917
86,012
145,882
5,142
Federal excess profits
Other
53,887
t
27,633
taxes
$13,837,141
8,787,358
admin.
earnings
The
1946
$1,137,353
420,852
Depreciation
$16,366,488
sold
for depreciation—
Note—Net
$2,637,143
Total
$1,205,118
545,382
.....
329,078
Capital shares outstdg..
earnings per share.
1,
railway
$4,331,242
Co.—Earnings—
revenues
Operation
Maintenance
165,606
317,425
Net
12 Months Ended Sept. 30—
Years Ended Sept, 30—
Operating
$0.50
Scranton Ry.—Bonds Extended—
Total
Western New York Water
$1.39
$6,673,322
1946.
p.
goods
general
Net
•
,
subsidiary
Gross
280,845
Nov.
on
May
Balance
Other
24,746
118,836
$113,205
280,794
$2.28
■
from
T
—
Equipment
Joint
Net
1948—Month—1947
2,727,723
$362,251
280,771
j.:
2584,
p.
from
Total
$4,038,126
revenues
Operating expenses
Taxes
$557,338
October—
Ry.—October Earnings Lower-
Period End. Oct.. 31—
Operating
on
13,970
81,650
(net).
distrib.,
Federal
15 authorized the company to extend from May 1,
1973, the date of maturity of not exceeding $500,000
4'/2% first-mortgage bonds.
The Lehigh Coal & Navigation
Co., the holder of all the bonds, has
to
Gross
common
to
28,085
outstanding
share
per
$36,049,303
370,913
433,864
97,634
2,429
inc.
Income
of
Prov.
$141,290
28,079
period
Wisconsin Central
institutional investors of $2,500,000 30-year series
bonds, bearing interest rate of 3%% per annum, at a
will be issued under a supplemental indenture
include
$10)
Net
135,000
of
bonds
Subscription rights
Ry.
Cost
Selling,
$390,330
consented to the proposed extension.—V.
168, p.
issuance
indentures.
(2) The
of
to
101.39;
will
completed
for
The ICC
follows:
as
C first mortgage
—V.
other
Total
7,317
84,231
Wilkes-Barre &
1948.
been
96,943
sales of securities and
72,784
$641,569
shares
167,
63,003
-
have
this company
Real
1,607
93,185
215,000
income
Capital
$292,894
Light & Telephone Co.,
Stock—Bonds Placed Privately—
Negotiations
dividends-
104,378
274,940
115,780
income
income
and
other properties
dividend
Earnings
$369,918
66,028
Western
—V.
Interest
Misc.
33,556
than
for
1948—9 Mos.—1947
1948—3 Mos.—1947
$16,185,466 $13,606,701 $45,360,866
Gains realized (net) from
lease
357,253
other
Net
Cash
$592,863
248,785
shares).
(220,000
1628.
p.
28,191
77.504
com.
income taxes,
tAfter
168, p. 890.
(less cash dis¬
counts
Foreign income taxes.
$378,219
Federal
for
Wholly-Owned Subsidiary Companies)
(Including
Period End. Sept. 30—
$3,176,033
6,636,392
sales
Provision
of
par
1948
income
Taxes,
$564,672
31,880
$618,703
dividends———■
Net income available for
Earnings
$586,822
256,092
1
stock
$3,278,122
(Wm.) Wrigley Jr. Co.—Earnings—
Co.—Earnings—
Interest
$634,311
income V.
Preferred
of
provision of $2,596,652 for Federal Income taxes—V.
1946.
p.
1945
$1,969,816
280,082
$5.33
'
t$3,881,418 *$4,742,426
924,002
308,080
$3.68
$13.84
share
provision
1946
$2,289,616
280,032
$6.47
1947
for
outstanding
per com.
♦After
Subsidiaries)
Domestic
1948
taxes
shs.
Earns,
rentals, dry hole costs and aban¬
$1,922,090
Interest deductions
•
2,400,868
donments
1948
earnings
Other
and
4,586,175
2,906,320
and
Net
—V.
4,285,304
5,413,455
general & admin, expenses
Depreciation and depletion.
Co.—Earnings-
$2,088,823
1,483,675
—
taxes
and
17,648,466
8.781,311
7,863,337
Selling,
Years Ended Sept. 30—
expenses
Com.
21,396,032
24,802,789
12,201,122
31,011,191
$2,669,182
157,604
Amort,
revenues
Net prof, after prov.
Net sales
$830,690
p. 989.
Operating
Operating
9 Mos. End. Sept. 30—
Federal
Wilcox Oil
192,667
income
(Including
203,236
9 Months Ended Sept. 30—
Sales and
services
."
Cost
Net
532,750
937,644
railway
railway
income
Deficit.—V.
$963,301
—_
deductions
834,690
oper.
$770,634
other
1,057,077
587,716
$1,519,070
•2,725,104
$9,296,548
$958,129
(net)
$2,324,184
1,403,405
from
from
ry.
Miscellaneous
Gross
Worthington Pump & Machinery Corp.—Earnings—
$2,997,197
From Jan. 1—
Gross
1948—12 Mos.—1947
2,166,632
income
Monday, December 6, 1948
1945
$3,381,821
railway
Net from railway
Net ry. oper, income
Net
$2,808,363 $11,053,239
CHRONICLE
1940
1947
1948
from
Net
West Texas Utilities Co.—Earnings—
FINANCIAL
&
Wheeling & Lake Erie Ry* —Earnings—
on
the common stock,
COMMERCIAL
run
Hollywood
expensive
for
set
of
has
advertising
plug-in
a
making
movies
possible
and
other
for
connection
home
costly
sponsorship.
showing,
to
for
Phonea
entertainment
fee,
that
Zenith television sets are being produced in nine different
models:
table, four console, and three console combinations that include
television, FM and AM radio, and a silent speed record changer with
two
Gross
Total
Net
—V.
income
,
deductions
622,292
516,638
537,391
$630,683
$920,979
$888,633
twin Cobra
tone arms for playing both regular and long
play records.
both
period styles in mahogany finish,
and blonde
designs. • Prices range from $389.95 to $1,150, not including
installation.—V. 168, p. 1842.
Models
income
168,
p.
1090.
modern
include
Volume 168
THE
Number 4757
COMMERCIAL & FINANCIAL
Stock Flecord
CHRONICLE
(2333)
New York Silock I Exchange
«»
MIT IMS Of WHS
VEEXLT TOUNE Of nun
TEMLT MIKE Of SUE PRCU
FHETDT USIQ1 ISSUE
STOCKS
Bang* far Pmhn
Tear 1947
Lowest
9 per share
9 per shore
66 % May
90
I per
110
6% Dec
14
100
2
May 14
6% Jan
2% Nov 30
10% Feb
43 Va
79% Jan
l
78% Oct
July
Apr
13% Kay
60
Oct
45% Feb
11
Oct
14% Feb
11
38
55
9
55% Jun
18%
25%
Dec
28%
29
18%
17%
18
19%
20%
*100% 103
19 Vs
20
19 %
*100%
103
*100%
19 % NOV
Feb
27% May 15
99
9
108
NOV 10
2% Nov 22
14% Feb
21% May 21
80% Jun 2
26
Nov
May 18
4% May 20
65
2% Nov 30
4% May 15
Feb
37
Feb
10
58% Oct 23
67
Nov
26
5
75
104
24% Nov 30
Feb
34
12% Nov
Dec
Mar
90
Apr
May 13
109
•>
96
2
May 21
May 24
Apr 23
11% Jun 14
8% Nov 26
42% May 27
74% Dec
98
30% May
,
Jun
35
24% May
Oct
Jan
Feb
81
Mar 24
x25
8V« Feb
5% May
Jan
51
Mar
107
34% May
Apr
Dec
50% Dec
Dec
11%
50% Dec
80
Apr
Mar
20% May
65% Dec
81
Jan
77% Jan
17%
107% Dec
Feb
50
May
May
Feb
110% Nov
36
36
Nov
6 Va Oct
16
76% Feb
Feb
115% Jan
28% Feb
110
Oct
Sep
Feb
Nov 30
Aug
26% Feb
18%
Dec
24
Feb
88
Dec
102
Mar
48% July
118% Oct
Dec
25% May
3
49% Jun
3
100% Jan 21
Feb
16
13
22% Jun
94% Feb
11
Feb 26
Jan
3
Jun
16
94
10
Oct 25
43
107% Jun
3
49% May 21
7% May 20
2
14% Mar 16
19% Oct 26
14
19
2
Dec
86
Dec
55
22% July
6
*
Jun
89% Jan
77% Jan 12
87% Jan 20
43 % May 17
4
Nov
9
46
Jun
23
Jan
10V4
Jan
6
106% Mar
7% Jan
53
88
90
Apr
9% May
13
12
Oct
20% Feb
Nov
5
26% May 20
10
8% May 21
13% Jan
Feb
18
Jan
95% Feb 27
Jan
92
Apr 16
10% Feb 11
30%
116
5
-
Jan
11
14% Nov
May
18% May
.102
Deo
9
14% Jun 24
Nov 16
*34%
May
Apr 15
4V4 May 15
6% Nov 16
37
42% Apr
9%; Oct
Jan
1
1% Sep 20
42% Nov 17
Feb
49
Dec
13
15
19
5
% Jun 14
Jun 24
26% Jun
Nov 30
108
3
Jun
9
Broadcasting Co Inc
80
Jan
75
15% Feb
32% July
Dec
8%
12% Nov 30
101
x25% May
127
$ per share
28% Sep
Dec
147
July
Dec
14%
Feb
28% May
39 %
Feb
7
Dec
Dec
129% Feb
Dec
117% Feb
11% May
170
Dec
9% Aug
15% May
|34
Foreign Power com—No par
$7 preferred
No par
$7 2nd preferred A
No par
(6 preferred
No par
—
American Hawaiian SS Co—
American Hide & Leather com—1
6%
conv
Locomotive
7%
preferred
24% Mar
29
Feb
34% July
10
69% Nov 30
May 27
Dec
172
JUly
Dec
40
Mar
Dec
158
Jan
37
139. Mar 10
31
125
163% Jun 11
28% July
29 V*
Jan
21% Nov 10
10% Dec
2
27
Jun
May
May
47%
Dec
34% Feb
41
149%
62
146% Feb
Oct
20
xll6%
,
Dec
144
50%
Dec
Oct
110% Feb
103% Feb
Jun
5% May
62
158% Jun 10
131
Feb
120% Aug
8% Dec
May
68%
10%
Jan
Oct
68% Jan
1
46% Feb
14
115% Nov
9
11
7
Feb
95
Jan
120
51
42
30% Feb 11
36
51
35
Nov
Jan
Nov
Feb
46% Jan
58% July
14%
24% Dec
18% Feb 11
Apr
9% Den
'2 * 16
.3% Jun-
:;Jan
I1- 6% Feb
30
:
Apr
38 %
Oct
For footnotes see
page
96%
X96Va
37%
96 Va
16%
30
5 Va
...
2
44
.
15%
45%
8
Mar 17
4% liter
24
28.
2
Nov 16
Jun
9
10
38% Jan
107
Jun
5
11
60% Jun 14
.
36 y# Jun
18
14
Apr 20
6% May 26
3
34% Jun
108 %
39%
41%
16%
*15%
16 Va
,
16%
16%
87%
*87
16%
6%
37%
96
96
97%
97
97%
30
30%
30%
30%
31%
5
5%
5%
16%
5%
5%
*16%
14
.
.No par
100
preferred
38%
4
4
2
49
5
Tobacco..
100
American Tel Se Tel Co——
25
common
100
—
Am Water Works Co Inc
38%
6%
6%
41%
7
7
7
3,800
42%
42
•42
43
37%
37%
37%
37%
*37%
2,500
1,000
1,900
4
4
4
4
49
*46
49
•46
23%
23%
23 Va
6%
6%
6%
85
*78
85
*77 Va
78%
*11%
ll7/a
*11%
12
•11%
12
*16%
16%
18%
101
*78
12
6%
12
♦46
49
*6%
6%
7
»
80
11 %•
11,700
23%
23
23%
*78
85
4
4%
49
23
23%
37%
4%
37%
37%
4
*47
4%
23%
6%
Monday
*78
12
*11%
2,100
85
12
1,200
*16%
101
16%
*16%
16 Va
18%
16%
500
18
18%
18%
18%
18 %
18%
8,200
102%
*95 Va
102 Va
200
100 Va
•97
100%
12%
*77
*7%
12%
12%
12%
77%
*77
77%
76%
7%
♦7
7%
6%
29
*127
28%
•127
6%
7%
6%
29 Va
29
•127
■
•75
77
29
128 Va
28%
29
128%
12%
75%
77
7%
29%
7%
*80 Va
71%
71%
14%
15
*167%
170
6%
23%
*39%
53%
147
*33%
*126
xl4
6%
23%
•39%
40
52%
53%
146%
147
*33%
34%
*126
*30
...—5
37%
122
*18%
•91%
*6%
33
-7%
32%
7%
80%
80% ' 82%
X81%
82 Va
80%
69%
69%
71
x70%
71 Va
70%
14
150%
60%
•*137
14%
14 Va
14%
14y«
14%
14
73
14%
170
6%
*167%
•13
37%
37%
121%
121 %
•121 y8
*18
122
18
18
.
18%
150% 150%
60%
59%
137
137
62%
65
x33%
35
98
*95%
98
*95%
*80
88
*80
5%
117%
*117
.
5%
34%
35 Va
52%
34%
34%
35%
34%
35
25 %
25%
*25%
*101
*52%
25%
26%
103
*101
53%
26
103
*101% 103
10%
12%
38
38
51 %
*51
51%
22%
22%
22%
*10%
22%
*10%
5
*4%
27%
11%
5
27%
-
4%
27
10 Va
*51
22%
10%
52
22%
10%
18%
122
117%
61%
64%
•117%
90
*80
5%
5%
35 %
X33%
35
*117%
•51
22%
•10
4%
4%
4%
4%
27%
27%
27%
27%
6
2,100
250
34
33%
34%
25%
26
103
52
52
23%
....
11%
4%
28
200
87%
*80
54
22%
4%
97%
5%
52
11%
38%
•52%
22%
28
3,600
24,800
7
7
37%
*95
6
•101%
25%
580
5,400
35%
52%
103
14,100
'
35
25%
22,900
62%
117%
87
34%
*101%
1,100
54
5%
•52
34%
.
200
.
64%
7Va
97%
600
1,800
1,000
137
64%
37%
•95
800;
7,100
151%
61%
137
65%
97%
340
18
150%
62
117%
122
18
137%
137
60
8,500
11 Va
38%
•119%
18 %~
150% 151 %
'
*50%
•119%
900
39%
54
11
38
7
52 %
34%
34%
54
22%
37
.
,
147% 147%
,32%
32%
•128
130
25%
26%
*22%
22%
13%
122
18%
4,100
7
24%
53
23
*80
■
39%
4,000
6,100*
29,500
170
6%
37%.
♦95
52%
34%
34%
26%
22%
7%
34%
5%
34%
*52
130
8
*24
26%
36%
7
7Va
34%
5%
33%
33
♦167%
39%
54
146%
♦128
64%
♦117
117%
7Va
34%
7
24
7%
26
64
89
7
32%
61%
137%
59%
98
*117
146
130
137
.
53%
146
150% 151
60 Va
137%
63 Va
7Va
35%
No par
—
*22%
13
37%
64%
5%
84 preferred
i
—No par
Anderson, Clayton Si Co
21%
Anderson-Prichard Oil Corp——10
Andes Copper Mining—:—1
20
23%
23%
12%
137
82 %
Anchor Hock Glass Corp com—12.50
25%
117%
5%
25
50
32
*127
25%
7
82%
No par
X146
32%
130
*127
*117
1
$5 prior conv preferred
Anaconda Copper Mining.,
53%
65 Va
No par
com
40
65
*95%
$4 conv prior preference
*39%
X53
147%
X32%
34%
•23%
39%
53%
147
146%
130
7
24
40
*39%
52%
53%
*167% 170
6%
6%
170
7
23
23%
13%
60 Va
60%
100
Amer Zinc Lead Si Smelt
6%
23
40
7%
7%
*167%
7
23%
150% 151%
151
137%
35 Va
preferred
71%
14 %
120.
900
1,300*
14,500
83
70
37%
X18
6%
7
32%
7ya
23%
•121%
18%
•91%
7
32
23%
37%
122
800
93%
31%
93 Va
7
32%
31%
25%
37%
900
*30%
♦6%
26
*13
7%
128%
25%
13%
100
7%
31%
7%
*167% 170
7
23%
130
•
75%
80%
7%
70
12%
75%
6%
31
81
-80%
6,800
12%
75
128%
6%
31
7%
7%
82
Shares
12%
7%
7
130
the Week
31
12%
12%
Bales for *
9 per there
9 per share
9 per share
12%
12%
Friday
De& 8
Dec. 2
Dec. 1
Nov. 30
9 per share
9 per share
Thursday
Wednesday
Tuesday
Nov. 29
• per share
common—No par
A P W Products Co Inc
48%
48
47%
6%
6%
6
23
Archer-Daniels-Midland
1%
2
1%
48%
900
1%
2,400
4,500
2,700
41%
48 %
■
6
23
Cable
1,100
16%
14%
42
47
49
23 %
6%
*13
Ss
6
16%
*14Va
38
*47
24 %
American Stove Co..—..—No par
American Sugar Refg common—100
7% preferred
—
:
...100
Wire
31
6
6%
4
49
26
Anaconda
30%
2,000
1,300
40%
6%
*47
25%
7%
97
6%
X38
*38
Foundries—No par
American Stores Co
.—.-No par
Steel
Woolen
90
6,100
16%
14
1%
2
1,200
16%
87
38y#
14 Va
*16%
14%
300
96%
'
.
preferred
16%
2,300
LOW AND HIGH SALE PRICES
Light com—No par
No par
85 preferred
-—..——No par
Amer Rad As St San'y com—NO par
7% preferred
——
—100
American Safety Razor—
5
American Seating Co
No par
Amer Ship Building Co.——No par
Am Smelt Si Refg common—No par
7% preferred
——100
5 %
16%
30
39%
15%
87
15
2,000
1,100;
39 V4
45%
39
Saturday
$6 preferred
American
39
.1,37%
•92
——100
Sumatra
.
*15%:
87%
16%
8,800
82
108%
38%
16%
-
31%
*107 Va
37%
•
300
21%
37%
*87
7,100
'
6%
37%
Nov. 27
preferred
American
79%
172
*20%
36%
97%
Fdy Co com—No par
preferred
.
100
non-cum
16
30,800
9,900
80
-
100
3%
30%
77
21%
36%
97%
Amer Power As
6%
.
2,600
8
79%
30 Va
75%
21%
*107%
16
87
Xl4%
l7/a
2
1%
171%
5
16%
15
78
78%
171% 171%
30
51/4
*16%
107y8
41%
*40%
34 Vi
3 Va
30
1,100
104%
7%
3%
95%
30% '
5
Xl07Va
33%
7%
.
11%
4%
28
34%
v
23,400
35%
3,500
2,600
25%
25%
•101% 103
*52
22%
*10
200v
53%
8,500.
1*100 '
: 237/a
10%
*4%
27%
-500*
:4%
27%
.
10
11%
•103 %
-
104
36%
•
*97%
6% preferred
—100
American Viscose Corp common—14
67
May 19
41% May 27
2
45% Jun
16
10
25% Oct 13
98
Sep
9
46%'Mar 3
111% Mar
87%
x37'/a
18
American Tobacco
112% July 28
8% Jun 24
5% Nov 30
69% Apr
101% Nov
*87
38%
18%
9
8% Apr 22
76% Mar 16
38% Dec
Mar
87%
16%
5
56% July 28
104
Jun
2
21
May
Mar
71% July
x33% Nov 29
30% May
36% Dec
_
May 21
131% July 15
20% May 25
147% Mar 17
54% Mar 29
60
26% Jan
90
13
116% Mar 15
17% Aug 18
163% July
Oct
7%
Apr 22
24% Jan
5
Oct
82%
Deo
41% May
9
174% Feb
Jun
Apr
135
16%
74%
21%
62
11%
3%
29%
74%
33%
*59%
.
7%
.
28%
16%
•15%
I6V4
8f
18%
American
21
18%
16 V2
33%
172
•21
■
11
104
.
3%
79%
78%
171%
107
4r
41
40%
16%
35% Jun
25% Nov 29
107 Va
18%
American Snuff Co com——25
140
Feb
116
*40
Xl6%
31%
8%
3%
74%
21%
108%
■«
34%
104%
8
28%
74
21%
16%
35% May 18
Jan 26
Mar 19
Nov 10
25% May
23% Jun,
34
*107%
28%
Vs.
11
34
79%
22
10%
•103
173%
75
29
Va
*30%
Apr 12
79
172%
172%
21%
10%
10%
34%
34%
♦102% 103%
8%
8%
3%
3%
79%,
31%
46
32
34%
X75
.
2,600
62,000
6,900
\ 3,300
7%
62
♦30%
68
7%
7%
•59%
—-No par
38
Sep 27
46% Feb 11
Oct
7%
7%
62
American News Co.
9
37%
*61
8
Oct 25
.7%
*60%
10%
,
11
6%
Jan 27
37%
62
6%
28
12V« Jan
38
60 Va
*6%
176
,
37%
7%
;
51
Co.————1
16% Feb 14
2,700
21%
Molasses
162% Nov
3
6% Nov 29
93
21
American
Oct
92%
50
American Metal Co Ltd com.No par
95% May 14
86% May 14
16% May 21
30
:
93
21%
2
6%
;
200
3%
51
9
6
11% Jun 24
6% Feb 28
80 Vs Nov
July
135% July
8% Jan
37
,
48
50%
18%
Amer Machine Se Metals
35
9
120% Oct 14
6% Nov 29
91%
900
2,700
1
*3%
*44
X21%
*16%
Par
3.90%
92%
38%
v
3%
50%
.—.100
——
90%
17,100
1,000
*26%*" 27
45
3%
22%
1
common
45
49%
38%
96%
100
American
26%
45
22
*86 Va
"78
preferred—
26%
3%
45
46
6%
16%
16%
*6
non-cum
26%
400
76
*26%
3%
3%
600
8,500
27%
74%
22
28
28%
*107% 108 %
No par
6%
26%
77%
50
79
22
American Ice Co
American International Corp.No par
American Investment Co of 111
1
27 Va
J 77%
22
34
78
American Home Products..—..—1
com
27%
78%
47%
172%
23%
10% May 27.
3
16% Feb
142
136%
Dec
12% Feb 13
42%
—50
Amer Mach As
Feb
70% Dec
preferred.—...
21% May 24
94% Jun 10
22% Feb
Jun-
10
27%
77%
•
6%
78%
173%
44
26%
,27%
47%
*78%
2
79
300
84
60%
15%,
Amer &
84
*84
-
22%
3%
17
84%
37%
3%
*15
84
37
3%
*16%
83%
38
8%
No par
—40c
84%
27%
1,700
27%
28%
3%
103%
5%
27%
28%
89%
8%
♦30
27%
28%
89%
*102%
22
27%
28%
26
8%
28%
27%
28%
90%
•10%
34
*76
700
19
27%
*45
3%
-•
8'/4
'
175
*18
77%
3%
6%
104
♦172
8%
175
47 Va
10%
33%
8%
26%
46
5,200
.
98
22%
.
61
*102%
8%
25%
*95
98
8%
70
24%
*102% 104
*175
177.
17%
18
17%
2,000
28
37%
22%
1
EXCHANGE
186
48% May
10%
*95
11,700
50%
*67
25%
104
250
-2%
50
69
24%
8%
2%
2%
50
27%
89%
6%
47%
41
NEW TOBK STOCK
17
T
6%
47%
15%
69
1
38
*16
$ per share
6% Feb 11
18%, Feb
85
76 %
37%
♦40
Bange since Jan. 1
Highest
f per share
Dec
7%
♦90
*44%
15%
67'
•67
174
17%
5,400
1,200
3
15%
27%
*83%
26
3%
45%
90%
—No par
American Encaustic Tiling
American European Secur
American Export Lines Inc
26
3%
,
Colortype Co
—10
American Crystal Sugar com.
10
4% % prior preferred
;
100
American Cyanamid Co com
10
3%% conv preferred series A.100
American Distilling Co..
20
American
Lowest
Highest
I8V4 Jun
26%
3%
1
-
27%
*77V*
*8%
18
200
2,800
30,600
15,100
20
2%
,
69
•102%
98
5,200
1,400
4,300
*100% 103
2%
2%
70
174
173
27%.
STOCKS
Tear 1947
8 per share
27%
80
*60
7%
preferred
...
100
American Car & Fdry com—No par
7%
100
preferred
Range for Previous
Lowest
79
'
84%
*26
American Bosch Corp class A
1
Amer Brake Shoe Co com.. No par
4% conv preferred
100
American Chicle Co
33% Feb
27%
8%
*27%
50
—
8%
27%
27%
84%
22
May 18
17% July
July
5% May
preferred
173
27 Vs
2TV*
*83%
28
27%
10
20% Jun 15
20% July
6% Feb
37
6%
175%
28%
20%
19%
19%
19%
50
25%
*95
28%
15%
2%
*67%
24%
29
20%
3%
.
69
49%
,
46%
,18%
38%
2%
*102% 104
98
*17%
27%
100
preferred
conv
68%
24%
18
27%
*83 %
2%^
49
104 %
174%
18%
*27
Amerada Petroleum Corp.—No par
Amer Agricultural Chemical.No par
American Airlines common—
1
cum
24 y*
*17%
*44
3%%
*66
•
*95
*8
.
2%
49%
-46.
18%
38%
19 V*
69
*102%
98
8'A
*95
15
69
45%
18%
39%
*100% 103
2%
15%
2,600
81
3%
28%
19%
19%
69
•77
3%
39 V*
.
103
2%
81
18%
27%
19%
14%
2%
68%
19%
*100%
2%
49
x25
25 %
*102% 104%
8%
..No par
Alpha Portland Cement
Amalgamated Leather Co com
1
6% convertible preferred—.—50
American Bank Note common
2%
49%
*66
19%
103
*67
*17%
*78
51
86% Oct 14
.
100
preferred...
conv
3
,
Dec
Feb
3%%
....
2%
68%
*8
15
68"%
18
Shares
65%
x65%
45%
40
27%
17%
the Week
-
2%
45%
18%
*39
28
2%
14%
175% 1753/4
5
6
Dec
Jun
Jan
1
Aug 23
15% Nov
*66
40
27%
17%
49%
26
26
*103 % 105
*95
98
Amer Cable Si Radio Corp
1
American Can Co common——..25
13
25 %
Allen Industries Inc
6% Jun 24
16
101V4
2%
49%
110
5
115%
15
2%
49%
*39
2%
*67
104% Jan 28
25
7V4 Dec
15
69
May 21
Jan
74»/» Dec
15
American
92% May 14
Jun 14
40
2%
69
9% Nov 23
177
.
2%
5
«...
5
6% Feb
46
3% May
Jun
*39
preferred
100
Allegheny Corp common.....
1
5%%
preferred A
.100
(2.50 prior conv preferred-No par
Allegheny Ludlum Steel Corp,.No par
$4.50 conv preferred
..No par
Allegheny A West Ry 6% gtd__100
American Chain & Cable—No par
5% non-cum preferred——No par
18% Mar
2%
4Vi%
27
56
38% Dec
111
28% Nov 29
74
May 19
14% May 14
43% May 15
6
18
Mar 22
70
6% Sep 21
3% Nov 10
163% Oct
Mar 22
29% July 13
32% Nov 26
3
9
10
9
Nov
May 21
68
.
58% Feb
9
9% Mar 17
103
2
52% JUQ
Nov 23
18% Mar
3
Jan
121
10
47
3
Jun
50
10
Mar
54%
May
May
20% May
105% July
94
101%
NOV
-Jun
31% Oct 20
6% May 17
Nov 10
196% Sep
Dec
•
3
83% Feb 20
7% Feb
99
-
91
3Vs Nov 24
44
—
3% May
75% Dec
May 17
21% Jan 30
11
.
No par
26% Nov 30
Dec
3
25
Aldens Inc common.
Allied Mills Co Inc
99%
Jan
,—No par
Allied Stores Corp common..No par
4% preferred
100
AlUs-Chalmers Mfg common-No par
42% Oct
29% May
Inc—,
Vlcksburg Ry_—1
100
Mining.;—-10
34% May 20
xl7% NOV
8
27% Nov 29
Mar
A
■
Juneau Gold
37% May 15
22% Feb
36% Oct
39% Mar
105% July
X171
Alaska
1
No par
202
May
NOV
Alabama
—:
.
Allied Chemical A Dye
Allied Kid Co_
198
May
.
18%
Dec. 3
tper there
65%
65V«
*77
3
45%
18%
29 %
18
19
45%
17%
40
164
47%
45%
18%
17Va
103% Sep 24
166
46%
18
*28%
48%
—
46
18%
*38%
76% Nov
36
46%
No par
Feb
2%
*18
Addressograph-Multlgraph Corp__lo
Dec
90% Nov
3
*46
Admiral Corp
Air Reduction
Adams-Mills Corp
65%
•ale* far
..Friday
Dec. 2
.
Pper share
81
1
20% Dec
3
65%
*77
.10
Express Co
41% July 27
Jan
9
2%
3
Thursday
»
Dec. I
$ per there
81
3
56
7
2"%
*77.
1
27%
73
3%
Wednesday
.
65%
65%
81
10
44
46
3
66%
*77
7% Feb
102% Aug
5% Feb
2% May
91
65%
84
■-
Nov. 30-
$ per tkare
38 % Dec
25% May
90
65%
*77
Tuesday
$ per share
27% Dec
6% Feb
31% Jan
Dec
30
Acme Steel Co
Adams
65%
No pat
2.50
Co
Motors
ACP-Briil
t per there
No par
com
Abraham A Straus—
■
-
Nov. 29
Jan
112,
16% Dec
10%
1
Pet
Abbott Laboratories
Monday
Nov. 27
23% May 15
46% Jan 27
38%
Nov
3% Dec
75
Saturday
-
40% Oct
10% Feb
May
30 % May
6
May
100
LOW AND HIGH SALEFBtCEO
STOCK
EXCHANGE
t per share
shore
63% Oct
87% Jan
Jun
NEW YORK
Huge since Jan. 1
Highest
Highest
17
...
V—
'
«
THE
(2334)
18
COMMERCIAL
Range for Previous
Range since
Highest
t per share
t per share
91%
Feb
23% Nov 29
Feb
90
Oct
130%
Feb
30
Jan
74
Dec
55
Jan
41% Feb
10
Dec
110
Feb
88
Jan
29
103
Nov
9
Feb
5
14
Sep
10
% May
14
Jan
Feb
17%
106
Jan
9
56% Jun
11
99% Jun
14
115% July 12
18% Jun
2
12% Mar 12
Armco
17% Aug
9
Steel
4%%
Constable
Artloom
20%
Feb
12% Mar 16
19
May 27
132%
Feb
98% Dec
1
111
May 10
6%
1st
99
Dec
134
Feb
87% Dec
3
106
July
7%
2nd
25
Dec
34
Sep
26
5
35
66
May
Dec
84
Feb
96
Jan
Mar
11
120% Sep
3
107% Jun
24
25% Jan
Feb
18%
Feb
2
10% May
40% May
59
23%
Jun
34%
62
Jan
77
Mar
66
Sep
10
78% Mar
31 %
Apr
40
Dec
30
Feb
21
50% July 12
105
Nov
113%
91
Dec
105
Apr
57
73
Dec
121
Feb
9
91
Feb
9
27%
12%
13
Dec
18%
29%
27%
W I SS
5%
4%
conv
Atlas
9
4%
conv
19
24% Jan 20
Atlas
Tack
9% May 21
16% May 2h
a
6% Nov 30
Nov
Feb
4% Feb
35% Jan
22
Jan
10
8
26
Feb
19
19% Jan
10
25%
24%
25
90 Va
91
90%
90%
150
8
7%
8
7%
7%
27,100
76%
76%
76
75%
76
75%
Conv
7%
36%
49
Dec
7% Oct 26
46
Jun
2
47%
14
94
x46%
*94 %
*
15
14 V8
13
13%
108
108%
107%
14
13%
13%
47%
94
47%
95
74
75 %
75
107%
14
7%
7%
14 V*
13
13
46%
46%
95
,94%
108 %
15
12%
240
420
14'A
600
12%
13%
13'/a
13%
13%
13%
13%
99%
99 Va
98%
99 Va
99
99%
98
94%
96
93%
94
92
92
.90
91
31
31%
31
31 Va
31Va
31%
12%
13%
99%
100%
99%
P9 %
100%
12%
30%
101
101%
101%
101
600
13%
13%
100
4,100
100
-
360
30'A
87 %
x30
101
100 »/4
100%
100%
101
2,700
96%
108%
141/4
31%
100%
2,200
47
46'A
15
13%
31%
76
95%
99%
*96
17,600
108 V2
108%
*14%
13
46V4
96
108%
100
100
10
47%
*94
Xl07%
14
*13%
2,300
90
*30
530
100%
101
101%
1011/2
101%
13%
14%
13%
14
14
14 %
14%
14%
15%
15%
15 Va
15%
1.400
No par
47%
47 %
47
47
45%
45%
46
48
46%
47%
47%
47%
1,700
45%
x45
45
*45
45%
45
45
45
45i/4
45%
451/a
76
*68
75
*68
75
*70
75
*70
100
RR
*101
1
common
*70
25
35%
A__100
B
*105%
100
.
106 %
92%
92%
20
54%
53%
54
53%
*101%
103
♦101%
103
*101%
*20%
22
*20%
22
*20%
4%
5
*4%
No par
5c
*13%
7%
7%
Amer
_5
11%
11%
3
of
(The)
13%
6%
No par
13%
6%
*42
13%
*13%
7%
42
53%
530
93%
340
20
20 Va
6,500
53%
54
21
*5%
'/a
103
13 V4
•13%
7V4
6 5/a
6%
6%
6%
42 Va
41%
11%
42 Va
53%
1021/2
•
13%
7
*
7%
170
100
51/4
13%
13%
630
,
21
51/4
12
6%
53%
103
*20
5%
7
'
11%
*40%
6%
42
106 V2
93%
102%
7
16,300
20
5Va
11%
*106
37%
93%
V8
*19%
53%
13%
7
900
75
36%
106%
600
20
20%
5
11%
*70
37'A
11,500
93%
103
20%
13%
6%
11%
106
20%
102
5
11%
6%
42%
53%
20%
75
36%
93
20 Va
103
5
5%
7
11%
106 %
106%
100
common
Co
preferred
conv
20%
54%
37 V4
20
93%
20
35%
i2 %
106
106
92%
20
No par
($1.20)
Corp
106
93%
*101
36 Va
35 Va
35%
No par
;
Co
Mfg
101 %
35%
107
20
common—No par
Avco
101%
35%
*93
5
i
common
Canteen
102
45%
100
j.
series
series
Automatic
$2.25
43%
95%
108%
*13%
^
4% May
48%
95%
14
common
prior pfd
Autocar
77
*108
100
preferred-,
Corp—*
Nichols
Austin
77
-No par
preferred
$3.75
Powder
27
12% Nov
24%
91
7%
r„:
Sep
xll
24%
90%
Co
preferred
Preferred
4% Nov 27
Jan
23%
91
No par
Lines
Refining
64% Apr
16
23%
100
Line
non-cum
Atlantic
Oct
Jan
Dec
Coast
&
99
Feb
Dec
15%
Atlantic
Atl
8
Jan
23%
91
7%
,..No par
preferred-,*
Atlas Corp
114
24%
90%
7%
10
non-cum
20
Feb
17%
Jun
23%
90%
T F Inc
G
for
Shares
7%
Topeka & Santa Fe com__100
5%
A
5
May 22
99
Atch
the Week
24%
No par
preferred
25% May 21
48% Aug 27
Jan
5% May
114
xl9% Nov 26
July
July
22 % Mar
62
July 14
48% Nov
1
6
102
Sep
Aug
26% Jill y
21% May
111%
a"
Sales
$ per share
90 Va
common___l
Investment
Friday
Dec. 3
Dec. 2
1 per share
$ per share
share
7%
5
Dry Goods
preferred
Associates
3
19% Jun
Feb
112
13% Nov 29
45
Feb 24
Feb
99
x98
11
Thursday
Dec. 1
24 %
Corp
Associated
9
t per
t per share
Wednesday
SOV4
No par
Carpet Co Inc
Dec
Dec
PRICES
Nov. 30
5
com
.
Arnold
< pefshare
SALE
Tuesday
10
Illinois
of
HIGH
AND
Monday
100
com
preferred,.
Co
Monday, December 6, 1948
Nov. 20
Nov. 27
$6 conv prior preferred
Armstrong Cork Co com
$3.75 preferred
$4 preferred conv
13%
Jun
Corp
conv
Armour. &
99
Jan
Saturday
Par
25
15% May 19
1
Jun
19
CHRONICLE
LOW
STOCK
EXCHANGE
32% Oct 23
101% Jun
17
7% Nov
———
NEW YORK
t per share
t per share
15%
Dec
38%
Jan. 1
Highest
37%
May
9% May
103
Lowest
109%
99
FINANCIAL
STOCKS
Year 1947
Lowest
24% May
&
7%
11%
700
300
3,300
,
11%
1,700
7
6%
7
29,700
43
43
427/a
43
900
B
13
Dec
16
13%
Dec
24%
Feb
7% May
11 */a May
16%
Feb
25%
Feb
11% Nov 30
•17% Jun
3
Baldwin
Mar 10
"15%
Feb
11
Bangor
Conv
Feb
13% Feb
10
Feb
60
11
80% May 12
Jan
Feb
40 % Nov 30
28% July
May
45%
Babbitt
16% July 13
29% July 14
31% Jun 22
55%
Dec
18
3
16%
Jan
42%
16% Jun
10
'
11
69
9% May
60
13% Feb
May
20 % Nov
59
May 14
28% Jun 14
30
Dec
54%
Jan
36% Nov 29
45
20%
Apr
39%
Dec
31
87/a
Dec
19%
Feb
9
44% May 7
16% Mar 31
18
Jun
24%
Nov
62
Jan
35%
Dec
83 y4
Dec
Dec
108%
Dec
5% May
31
Feb
13
43% May 15
80% Sep 17
16% Mar 10
74
40
Jun
90
2
Jan
39% Mar
Jan
9
15% Apr
16
34 % Apr
.30
Feb
11
32% Feb
5
16
8
37% July 23
20% May 21
19% Mar 22
12% May
10% May
18%
Oct.
14% Feb
18%
Jan
10% Nov 30
16% May
24%
Jan
15% Nov 30
24% Jan
106% Aug
93% Mar 16
103% Jun
15
38% Jun
9
21% Jan
2
95
Dec
28
May
Sep
17%
39%
21% May,
77% Dec
Feb
26
25%
Nov
10% Nov 30
Feb
11
28%
Jan
.21
Nov
3
103%
„
Feb
68
Dec
" 1
89% Nov
17
23% Feb
14'
24%
Dec
35%
Jan
19%
Apr
32%
Oct
25
133%
Dec
Jan
125
Feb
17
30% Feb
150
27
13%
Dec
18%
Jan
'Sep 27
9
Nov
24
2'
26% July 9
87% Mar 10
102% July 23
30% May 24
37 Va May 27
27
Mar 16
39% Oct
&
Oil
Brothers
4%%
22
139% July 14
37% May 15
14% Jan 14
Corp
Oil
Iron
411/2
41%
common
10
21
21
*20'A
ic
25
36
May
12% May
18%
May
28
Feb
X13
Feb
11
10
14
Jan
x20%
Nov
24
Dec
Feb
13% Nov
11
pfd
Loan
(Del)
5
24
Boeing
37% May 18
Bohn
96
Jan
12
Bon
51
Jan
19
Bliss
&
29%
Nov
59
Feb
89
Dec
116
Jan
61
45%
Dec
67
Jan
31% Nov
3
35%
Feb
18
3
27% May 15
Bond
44% Jun
Borden
25
May
38% May
37% May
88%
Nov
Nov
Nov
23
'
26
49%
37% Nov 30
55
Oct
102
Dec
Jan
Sep
42% Feb 11
87% Nov 30
3% May
6%
May
39%
Feb
7
Dfeo
13%
Feb
6% Nov.10
81
Dec
96
Jan
31
Dec
3
Dec
18%
Feb
8
Nov
12
.
9%
30
May
.
40%
Feb
X27% Mar 17
23% May
31%
Feb
25
30% Nov
63
Jan
25% Nov
13
Apr
92% Oct
4
Nov
30
90
Dec
157/a
Dec
28% Feb
15% Mar 16
25%
Jun
36% Jan
27
95
Dec
106%
Apr
90% Feb 13
20% Dec
27%
Feb
17% Feb
109%
8% Dec
13% May
120
9
69
25 %
80
Jan
20%
125
Nov
15
Dec
120
'
Feb
Nov
1
26
14
9
Sep 28
Jun
•'
Feb
Jun
2
17
5
Brown
99
Aug 11
23% Nov
1
Dec
86%
Feb
65
Mar 30
75
Nov
40
Jun
Dec
.
37*% Nov
102%
Apr
20.
24
23% Feb
May
38%
Feb
29% Feb
14
May
22%
Feb
16% Mar 16
Dec
80
May
84
Jun
12% May
104% Feb
100
81
10
Dec
Jun
88
Jan
Dec
79
Dec.
13% May
May
6
27%
Bullard
Co
Co
Feb
Sep 27
27/s Mar 17
16
Mar 17
Jan
08% Jan
Oct
23% Feb 11
15
89
Jan
3
9
*90 V*
92%
*90
261/4
24%
Apr
Dec
1%
Dec
3%
Feb
May
21% May
12% May
HP
Dec
8%
Feb
34%
X55
6 %
38
Dec
18
Dec
9 % May
33%
■,
Nov
Dec
.27% Mar 17
Jan
52
Jan
5
1% Mar 12
5% Dec
2
34%
Oct
17%
Feb
9
Nov
29
Feb
101%
Nov
4
132
48%
22% Nov 27
Feb
Feb
38% Feb ll«
14% Mar 16
15%
Feb
10
47%
Dec
25%
For footnotes
see
page
38
28.
Mar
Mar
~1
4
1
40% Jun
15
54% Sep
15
3
May 17
8% May 21
31% May 7
15% May 21
Jun
2
119
44
May 14
xl9% May 26
19% May 14
47% May 19
2,400
97%
*94
97%
*94
33%
33%
11%
11%
11%
3,200
21%
21%
2,300
70
*68 V4
901/4
90
901/4
*89
25%
25%
25%
27%
27%
28
9%
32V4
...
28%
27%
32%
9Va
1
33%
33V4
138%
*135%
28%
28%
9Va
27%
28%
9Va
9'/4
29
500
89%
89%
500
25%"
251/4
25%
2,300
28%
271/4
6,500
33%
35,800
138%
200
29
29%
281/4
33
*136
33%
139
9%
,
70
90
25%
*135%
32%
137
29Va
1,800
9%
1,400
9%
9%
■
Saturday
Monday
Tuesday
Nov. 20
t per share
*29
HIGH
SALE
Nov. 30
$ per share
PRICES
Wednesday
Thursday
$ per share
for
Friday
Dec. 2
$ per share
t per share
Sales
Dec. 8
Dec. 1
the Week
f per share
Shares
295/a
*28%
29%
*28%
29%
*28 %
29%
29%
29
29%
200
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
4,100
1
10%
10%
10
10%
10
10%
10%
10%.
10%
10%
10%
11
6,200
13%
*13%
*29
13%
_No par
*41 Va
41
41
41
40
40
20%
20%
20
20%
197/a
20
19%
20%
20%
20%
20%
21
%
8,700
5
24%
24%
24%
24%
24
24%
24
24%
24%
24%
24%
24%
3,800
*61
13%
*13 %
45
;
14
13%
*39
13%
13%
*39%
62
62
62
61%
61 %
61 %
62
34'A
34%
34%
34%
33%
33%
33'%
34
1
18%
18%
18%
18%
18%
18%
19
xl8%
38%
181/4
38%
38
38%
37%
38%
38
40%
x38%
:
5
54%
*87
,—100
(assented)_100
Co
2»/4
5
35
*
,.
8V4
29%
*26V4
27%
*93%
I8V4
*9
15
common
6%
*30%
54%
90
54
55
54%
55%
*87
90
87%
88
2'/4
35
35
6%
35
36
81/4
'
,
•
6%
35
8%
3,800
2,800
26%
1,700
26%
27%
27%
28
27%
28
27%
28
27%
27%
4,200
*93%
95
*93%
95
95
95
18%
18%
27'/4
95
*93%
18%
95
18%
18%
9'A
9
18
9%
/
8%
19
15'A
122
8%
15
15%
*120%
.
31 %
*92
_
122
8%
19
•
15%
'121 %
;
18%
31%
32
*31%
95
*92
20
15%
8%
66%
66%
31
31
85 %
85%
88%
86%
100
*75
80
*75
80
*80
83
*80
83
3%
,•
participating preferred—,100
Co
No par
*20
9%
81
66
8%
;
31%
*92
15%
.
.
15%
20
14,400
122
8%
8%
1,000
15%
*121
122
200
94
20
-
:8%
10,200
66%
66%
66%
66%
150
31%
32
32
31%
31%
500
85%
85%
85%
14%
85%
86
86
800
14%
.
14%
.
14%
14%
14%
;.
900
38
38
38
400
18
18%
18
18
7,000
87
*86%
87%
86
86%
*86
87
100
*75%
79
*76
78%
*75
78%
*81
83
*81
83
*81
83 •"*
13%
7%
99
9%
9
7%
80
*37
14
13%
7%
99
7%
*98
9%
80
8%
*79
14
13%
7%
7%
99%
*37%
76
14
82
7%
7%
200
9
6,600
79
80
3%
3%
3%
x3%
3%
3%
3%
19%
19%
20%
20%
*19%
20%
*99
99%.
98%
99
99
99%
26
25%
26
26
26%
34%
♦34%
34%
34%
34%
53
*51 %
53
100
1,900
98
8%
20%
98 Va
:
97%
9
3%
26
7%
98
*19%
99
100
10,600
13%
98
8%
3%
27
83
13%
20%
99
76
*81
:
79
,
9
*26
,
"121
;
8%
31%
;
95
4,100
18%
99%
79
66
vl5%
15%
122
32
4,800
9
9
20%
50
18%
18
9
37%
7%
79
8%
95
*93%
18%
99%
9
15%
,
*30%
88%
8
*31%
*121 %
122
88%
100%
8%
20
8%
13%
'
*92
84%
13%
8%
*19%
*87
13%
18%
95
32
84%
18 %
.19%
66
8%
'
8%
9
14%
5
6,000
30%
18%
par
3,000
8
8%
37
Copper & Zinc——:
Co (AM) common.,_No
7
31
26%
8%
31%
*78
700
7
31
7%
33
30
85%
—100
•-
8%
*84
——
7
*31
26%
95
7%
1
,
400
2,000
35
30%
*92
*91/4
7%
34%
*34
8
*30%
100
34%
2%
26%
66
1
34%
6,200
90
2%
30
*31
15
»
*31
56%
55%
*88%
8%
32
preferred-j.100
:
-
2%
25%
67
common
57
88
2%
29%
xl8%
13%
56
88
2%
25%
66%
preferred
56%
'10,100
x8%
29%
*30%
—
39
26%
20%
i_100
38%
29%
1
4%
39%
600
25
31%
18
10,900
29
8%
.;
570
18'A
26%
95
1
62
33%
18
29%
No par
No par
5
61%
33
18%
26%
151/4
No par
62
33%
29
"120%
common
7
61%
34%
34
20
33
90
*2%
1,200
41
*40
29%
5
pfd—,100
35
55%
*88
13%
13%
13%
41
27
*92
20%
par
34%
*31
8%
8%
,
2%
6%
36
*30%
No par
:
-i
6%
6%
35
2%
2%
2%
14%
Byron Jackson
15,200
22
28'A
Inc—.
preferred
Via#
34
33%
11
15
Corp
Bldg 7%
34%
700
21%
17%
:
26
26
34%
34%
80
3%
3%
20
20
♦99
.
150
4,000
700
99%
100
25%
25%
2,000
34%
35%
1,600
,
t
:
California Packing common,,No par
5%
15%
*68 'A
36%
7%
*15%
H
18%
Byers
15%'
69
14 %
Butte
15%
1,800
21% ;
36%
4%%
1,900
10%
18
Bros
12
35
21%
14%
Term
15%
12
68
36%
Butler
15%
11%
11 »/4
14%
Bush
35
15%
71
9%
Bu6h Terminal
v
35
11%
'
21%
*68
28%'
27%
-
100
25V2
25%
:
4,200
15%
.
97%
33%
130
13%
32%
*32
9OV4
90%
*25%
■*
71
28
34%
34
12%
160
21V2
12
21%
*68
25%
*94
97%
33%
«
800
1,700
10 »/2
11
21%
12%
*94
.;.
281/4
.:c
•.'
51%
34
72
'
-
97%
33%
18%
4% May 18
July 9
35% Jun 16
15%
36%
27% July 14
105
151%
*14
Co
Mills
3%%
76
16
9%
No par
I.
Watch
6
10% July 1
Sep 17
15% Jun
2
15V2
*361/4
Bulova
Burlington
181
108
16
281/4
:
3
1
11 VA
34
32
85
No par
common
Jan
Mar 16.
I6V4
11'A
—100
.Jun
8% Dec
*15%
11%
*94
Nov. Z7
common,
88
17% Jun
15%
10%
preferred
—100
Burroughs Adding Machine—No par
.
*33%
34
15%
28'A
No par
Buff Niag El Corp 3.60%
3
13%
32%
16
/
>
2iy«
*9% /
,12%
*32
34
*68
27%
12%
'A
16
31%
*83
32%.
11'A
35
33%
21%
12'A
*32
32%
LOW AND
;.
100
7% Nov 10
22% Oct
104
Jun
Inc
3
79
24% Feb
108% Jan
Dec
97
Co
13
13
77
Jan
May
24% Jun
161/4
97%
*32
11
34V4
*15%
16%
11%
33'/4
12%
121%
32%
"
32
85
5
preferred
Dec
Jan
16%
11
21"% May 15
43% Jun
1
*15%
12%
12%
*32
17
17%
32
,2.50
Bearing
Apr
12% Feb
.76
95%
72
94"% May
Mar 31»
90% Jun 21
74
*74
77
137
common
$5 preferred
Buffalo Forge Co.
15
74
'
.
(The)
74
No par
A
RR
preferred
3%% conv 2nd
Mar
6
14
Budd
74
*75
33%
7% -preferred
11% May 15.
76
14,800
„
20%
171/4
*83
.__No par
Bucyrus-Erie Co
JUly 12
31
May
Feb
20%
136%
Brunswick-Balke-CoHender —No
24% May 17
124% July 2
8
20%"
32%
...
Maine
Shoe
$3.60
20%
136%
—
12% July 26
20'A
*12
Airways Inc
2.50
Brewing 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
Brooklyn Union Gas.,:.——_No par
Brown & Bigelow
<
1
27
33% Aug
Roller
20%
331/4
(The)—
&
20%
136%
common
Braniff
10
34% May 18
37%
Co
Bower
11% May 15
36"% Jun '-9
101% Apr
23 % Sep
class
2,100
20%
32%
Brass
Inc
17
17%
83
l-
__i
Boston
10% May 18
71
Co
B
Stores
1,700
32%
*94
-
110
11 Va
171/4
17
*135%
Co
&
39%
42%
11%
83
*16
■
700
40'/a
•
*31%
35
1
•'
*38
.
17%
11%
5
'f
h
39
83
35
—No par
Brothers,,
Borg-Warner Corp
3%% preferred
25
Feb
26
19
42
14%
14% May
3-
July 13
May 24
5% May 15
May'
78% Aug 11
13% Nov 23
80
66 %
9
96
:
Feb
1% Aug 26
33% Mar 18
32
Ami
ll'/4 \
100
Laughlin Inc
Class
41%
11
*38
32%
127/a
STOCK
new
Aluminum
401/4
10%
*31%
32%
10
Carpet—,
Airplane
40%
10%
*82 »/4
12%
33VaC
Decker Mfg Co
Co
Bloomingdale
16
38
38%
10%
17'A
32%
100
Blaw-Knox
17% May 15
44% July 8
38
38%
10%
77
Par
29 % Apr
37
37%
80
2,600
2b
82'/4
77
,1,10
;
*20%
32%
78%
com__No par
EXCHANGE
19% Nov 10
20%
47
171/4
78%
com
——
Co
20%
37
20%
10
Appliances.
NEW YORK
&
20 'A
2,300
46%
821%
20%
.1
•
(E W)
45
20V4
"
10,200
19%
70%
32%
1
;
Birmingham Electric Co
Black
43'/,
22%
19'A
*70
17'A
20%
;
preferred
Bigelow-Sa'nford
Bliss
20%
42%
27,800
21%
"
19%
70%
42
41%
12,600
11%
32%
50 4
Co
22%
19%
70
1,800
12%
10%
84
171/4
20%
_r
36% July 15
19% May 18
14% Sep
2
22
19%
70
*69%
.*
14%
12%
'
*82%
2.50
1
11%
*32
-
.
41% July
24% Oct
15
10%
Cum pfd $3.25 ser of 1946_No par
Cum pfd $4 div ser of l948_No par
Best & Co
1
l ;
Best Foods
28% May
14% May
32% Mar
—
S per share
■
37%
10
100
:
Bendix Aviation
Lowest
* per share
36 %
37%
10%
1 *
Range since Jan. 1
Highest '
Highest
t per share
36%
37%
10%
100
STOCKS
Year 1947
38
371/4
1
40V2
*14
14%
12%
10%
'
•
Lowest
*36%
5
i
1
'«
Spershare
50
__j.
Corp—
_
Indus
'
.
14%
12
.
21%
19%
70
20'A
42
21
19%
*697/a
20%
Packing
Range for Previous
19V4
70%
41%
RR
Steel
211/4
*69%
pfd—
preferred
20%
20
70%
Corp.',
& Howell* Co common
7%
21 %
191/4
20
Aircraft
Bethlehem
20%
21
Co
Home
11%
19%
Bell
Bendix
12%
10%
20%
Belding-Heminway
Beneficial
12
10%
70%
Shoe
4%%
12%
10 Va
50
(A Si 4%%
Beech Aircraft Corp
Bell
14%
ll7/a
10
Mills, Inc
Beech-Nut
14
12%
11%
13%
100
Cigars Inci
—„No par
Beatrice Foods Co common—'.
25
Creek
13%
12
10%
'
Bayuk
Beech
13%
(Delaware),"
Works
conv
13%
12%
U
—100
preferred
Barnsdall
13%
common
preferred
preferred-
Barker
13%
12
107/a
13
100
common
Aroostook
Barber
Bath
1
Works
Ohio
5%
Beck
2
&
non-cum
Beaunit
2
Inc
Locomotive
3%%
Dec
100
4%
8
22% May
T)
Baltimore
8
8% Jan
Feb
Dec
30%
15
23% Jan
Jan
29
! Jun
26
Feb
12
10
Nov
20% Aug
96 Va
11
Nov
Xl7
110% Jan
17%
Feb
'
(B
preferred
1
*34%
35
34%
♦51%
50
'53
*51%
*51%
53
*51%
53
•
*51%
53
'
Callahan
Zinc-Lead
:!
1
.
Calumet.# Hecla Cons Copper,
5
Campbell W & C Fdy
No par
Can Dry Ginger Ale com
1.66%
$4.25
conv
preferred
No par
Canada Southern Ry Co——1100
Canadian
Breweries Ltd
Canadian
Pacific
Cannon
Mills
Ry
;
1%
5%
5%
5%
22%
22%
9%
9%
9
*104
107
*40
42
*40
*16%
25
No par
1%
22%
No par
——
1%
16%
*16%
13
:
13
42%
43
104%
13
*42%
1%
■
5%
22%
1%
5%
23
1%
5%
23%
9%
9
104%
103
103
41
*40
41
16%
*16%
9%
%
1%
5%
*23
9%
1%
5%
24
9%
*103
104
*40
>1%
1%
•1%
1%
4,100
19.600
5%
5%
5%
5%
23%
23%
23%
23%
9%
103
9%
103
700
10
10,500
103
103
290
41
9%
41
*40
41
*40
16%
16%
16%
*16
16%
*15%
17%
100
13%
13
13 %
13
13%
13 %
13%
39,700
43%
42%
42%
13%
44
r
44%
44 Va
600
*43%
13%
44
44
Volume
168
Number 4757
(2335)
Range for Previous
STOCKS
Range since Jan. 1
Year 1947
Lowest
Lowest
Highent
f per share
11
Apr
Feb
11
Feb
13
18
50
May
57%
Feb
48% Apr
21
15%
Jan
3% Sep
20
102
14%
Nov
>
38
Jan
100'/2 Feb
39 %
Jan
27% Jan
Feb
31% Dec
3
12 Vb May
35% May
21 '/a
12% Nov
Oct
3Q
7%
29% May
132
Oct
45
6Jan
47
Dec
35% Mar
9;
9
Jan
Feb.
5
x50
Nov
5
Carolina Clinch
Carolina
10
Carrier
8
Power
& Ohio
&
Corp
&
Co
Sper share
*12%
13%
*12%
PRICES
Wednesday
Thursday
,
Friday
Sales
Dec. 3
Dec. 2
'
Dec. 1.
'54
*52%
54
5%
"5%
Ry_
*105%
106%
30%
30%
33%
33%
4%
100
L
10
1_50
1
series
Corp—
+
r
■'
the Week
12%-
105%
105%
for
14
*13
141/2
*13%
15
*133/4
14%
54
*53
54
*53
54
*53
54
6
0
6
*5%
5%
105'/4
104%
105
*104%
105'/2
5%
5%
7%
preferred.
Caterpillar Tractor
68% May 15
dOO'
;
12%
12%
33%
7%
7%
37%
37%
*136
137
51%
.,>*104%
30
136
30
30
30
30
300
4,500
130
30
321/2
321/2
13
31 %
32%
31%
31%
12%
13
31%
*31'%
32
12%
12%
30
32
7%
136J/?
37 J/2
136 J/2
52 J/a
52%
12%;
.
31%
7%
37
136
51%
52
30
331/2
30
*32 Vb
13
33%
7%
37%
No par
5%
105%
*105
30%
33%
%
•
7%
7%
371/4
37%
136%
136%
53%
'
147% July 15
Shares
"
30
*32%
34 %
37%
'$ per share
13%
5%
*7%
<
S per share
t per share
*52'/a
5%
*33%
►
._25
common-
S per share
13%
*52%
_l_5
General
Case. (J I)
2
$ per share
<
i
Light.;.—..No par
common...
Conv preferred
Carriers
May 20
52% Jun
SALE
Nov. 30
1
..
Carpenter Steel Co
19% May. 21
'
HIGH
Tuesday
_L0
common
$3
preferred A
Capital Airlines Inc
12
43 % Jan
1
Par
Capital Admin class A
July. 28
41% Jan
24
Feb
64
32
'
30:
130
Dec
.
158 %
49% May
Nov
6 % Mar
Feb
May 15
110% Nov
2
50 %
128
AND
Monday
Nov. 20
Nov. Z7
"
Aug 26
8% Mar 22
18
Dec
Dec
27
Saturday
.
56
Dec
5 %
LOW
STOCK
YORK
EXCHANGE
$ per share
t per share
I per share
NEW
Highest
.19
'
'
J
53%
*7%
37%'
*136%
55
53%
12%
5,700
900
13
3,600
31%
*31
800
7%
*7%
7%
1,000
37%
37%
37%
3,300
136%
130%
140
53%
54%
4,300
31 VB
16,000
138
54%
"
17% May
Jun
9
105
July
2
11
140
May 27
Feb
22% Feb
28
Feb
18 % Oct
11
20% Jan
5
22%
Feb
16% Jun
21
18% Feb
7
Central
14 %
Jan
6% Feh
28
11% Sep; 1
12% Jun 30
Central
Aguirre Sugar
Foundry Co__.
Central
of
Jan
97
156
-
Apr
123
19% May
32%
19%
Dec
21%
17 %
Dec
7% May
,
13
Feb. 10
Feb
Dec
108 %
130
x
Feb
22
28%
Dec
Dec
X97
_
39%
34% Jun
5% Nov 12
Celanese Corp of Amer com—No par
$4.75 1st preferred—
—No par
7%
2nd
Celotex
25
5%
preferred
Corp
L
preferred
—20
.;
Co
6
8% Mar.
3
8
Central
5%
preferred series, B
vtc
100
Dec
Dec
96%
Apr
Oct
8
4% May
12 %
Jan
7% Jan
6
May 27 '
39% Nov: 1J
Central NY Pr Corp 340% pfd—100
tCentral RR of*New Jersey.!.—100
Dec
16%
Oct
10 % Nov
3
15
May 21.
Central
9%
Dec
14%
Feb
7% Dec*
3
11
Jun
23
22 %
Nov
35% Mar
20% Npv
29
28% Apr
1
11% May
21%
Jan
12 % Nov
30
20,
May 24
Certain-teed
20% May
19% May
100% Dec
Oct
24% Feh
28'
33 -"
Jan
Chain
Feb
17% Feb 18
110%
Jan
90
Feb
16
10%-May
20%
Feb
8
Dec
3
23
Jan
30%
Oct
40% Dec
81%' Dec
54%
Jan
x31:% Dec
3
102 %
July
76% Nov
10
Feb
11
11%
-
*
Feb
116
22
100
% Nov
8
74
1
•
30
27
'
'
3%
-
Apr
;
4
7% Feb,
7% Feb
Jan
6% May
12%
Dec
9
4% May
8% May
"
12%
8%
Feb
6
15%
Feb
12
4% May
10%
Jan
2%
1
-
Dec
6%
14%
Feb
27%
Nov
54%
34%
Dec
51% May
56
8
8
May
45% Jan
9
Nov
30"
Jan
24
2
2
Apr
9% Jun
Feb
35
30
15%
15%. Jan
4%
21
Nov
Feb
Feb
15% Oct
Feb
18
42% Mar
31
Sep
66%
Oct
50% Nov 30
23
Nov
29%
Jan
96
23% Feb '
42-
37%.May
4b
Jan
36% Jan
26
48% July
27 % May
8 ' May
34 %
Nov
26% Dec
78
94
85
20%
Jun
Feb
43%
71
Chickasha Cotton
Childs
Co
115%
4%
101% May 26
8
C
Gas
Elec
&
3
City Ice & Fuel
2
City Investing Co common—,
20
.15% Jan
6
21
27% Mar 18
109
Jan
176.
29
88
34% Feb 10
105% Jan
105
Oct
'
4
111% Jun
6
7
34% Apr"
108% Jun
15
-
July 12
Jun
42% Oct 20
22% Nov 30
Mar
5
9
25
———No par
Cleve Graph Bronze €o com——-1
5%
9
78% May 20
23
47% May 19
1
18% Mar 22
Climax
32
39% Mar
9
35% Jan
5
10% Jan
5
Clopay
<
Dec
4% Dec
Dec
91%
28
Feb
10
78% Sep
30
137
Feb
154
3
30% Sep
48% Mar
Dec
33
Dec
36% May 17
•'
Aug
May
*
8
1332
July
31% Nov
X87% Sep
Jan
2
8
1332
1
July
45% Jan
12
1
2
46
Feb
15
Nov
5
96
Apr 20
25% May 18
Oct
16
Feb
11
26% May 21
10
18
Oct
12% Feb
11
22% Oct
23
Feb
16
Feb
11
22% Oct
22
17 %
17%
/
Feb
Feb
a% Nov
11
Nov
30"
18% Jun
24
18% July 15
25
16%
Feb
9 % Dec
1
17% July 14
Dec
32%
Jan
20% Dec
1
32% May 15
21%
Nov
j
32%
Jan
20
Nov
30
10
Apr
).
12%
Oct
10% Feb
13
Dec
Dec
22%
86
i
30% May
Feb
Mar
39% Aug
50
Feb
13 % May 21
30
78% Jun
15
27
37% Apr
16
43% Jun
4
May
48%
Oct
36% Jan
87
Dec
115%
Feb
90
94
Jan
35% Feb
Jan
xl6
Nov
5,
23
'
53% July 15
104
2
123%
Jan
92% Nov
18
33%
Jan
25
8% May
14%
Jan
23% May
33%
Nov
35%
Feb
Apr
4% May
21
104%
29%
10%
4
Feb
21
10814 Mar
Nov
11% May
20%
Feb
Dec
15%
Feb
4014 May
54%
Jan
17
May
12% May
25% Dec
Feb
7
Nov
8% Feb 11
28% Feb
*
10
3
Sep
8
Mar
5
103% Feb
July 12
107 Vs July
6
34%
65
65
65
*12%
13%
16%
16%
*3%
16%
16%
8% Nov
30
Jan
19% Feb
19%
Feb
11-
2
9%
16,200
^%
10%
1,400
18
18%
18%
18%
4,000
97/a
10
10%
.10
10 'A
4,600
5
9%
*10
8Vb
8%
8%
8%
31%
32%
32 Vs
15%-
10% July
I
17% Mar
16% J
17%
18
17%
18%
24,800
40
40%
40%
40
40%
4,900
27%
28%
28%
29%
29
29%
2,600
*51
51%
300
*50
34
35
65
..
52
65%
*12%
*51
"
35%
35%
4,300
*65
66
65%
65%
600
*12%
17%
3%
35%
13
*12%
13
16
*16%
16%
35%
13
*101/4
.
52"
16
3%
3%
3%
3%
*35%,
37%
*35%
37%
*35%
37%
*35^%
37%
37%
*35%
50%
51%
50%
51%
50%
50%
50%
52 %
52
52%
52%
27
;
26
26%
20%
26%
26%
26%
27
95.
94i%
94%
94%
94%
20%
20%
20%
203/a
20%
2,000
39%
40'%
40'/a
41
40%
41 Vb
18,400
201/4
28%
27
27
26%
27
1,000
8
1,700
27'/a
26%
27 J/4
*03%
94%
*93 J/4
94%
21%
21%
20%
21
40%
40
40%
;
,-i>
*40
,
.
*27
*27
27%
8
"
*75
80
*75
"■
.
*10%'
19%
*20%
31%
*7%.
*160
19%
40%
27
27
20%
-
*36%
54
54
8
8
8
*75
80
*75
80
*75
*J8
18%
19
19Vb
18%
18%
*18
18%
29%
,'19%
*7%
8
29%
30 %
30 V4
30
30%
180
*160
85
*80
178
*160
178
85
*80
85
*160
185
*160
*80
85
38%
38%
38%
*108%
109%
108%
108%
108 %
109%
*23%
23%
22%
'23%
22%
22%
^
107'
*105
107
18
38%
*105
38%
*80
103
32% May
94 % Dec
11%
Dec
Feb
48
104% July
Feb
20%
109 '/b
109%
210
23%
2,000
*105
22%
23
23
23
*105
107
*105
107
*70
72
*40%
42%
1Q
13%
13%
133/4
5,100
25%
25%
25V2
*25%
23%
20%
26%
26%
27%
27%
27%
1,000
5%
10,800
Incl_
—_i—
Corp
1.1—1
..1
2nd
'
*25
*7%
„
1
31%
32%
*32
*139
preferred———100
7 '/a
7%
7%
80%
81%
32
141
*139
141
,''*79%
".
Nov. i7
>
Par
:
.
&
91
non-cum
non-cum
1st
2nd
A—2.50
$4.25 cum preferred
3.60%
preferred
:
19%
17%
17
17%
"16%
17 VB
17
17%
17%
17%
18%
18
18
18
18%
18 Vb
18%
18%
10
10
*10%
11%
*10%
9%
11%
11%
10
*0 VB
21
20%
20%
20
10%
10%
10%
7%
7%
8
8
250
15%
3.60Q
19Vb
1,400
17%
18
9,800
18'/a
18%
2,000
103/4
620
*11%
11%
11%
11%
11%
9V8
91/4
9%
201/2
2OV2
20'/b
20%
10%
8
91%
19
10%
20 %
20%
201/2
•
,
*10
9Vb
10
10%
10
21
21
7
21%
20'/B
2OV4
20%
203/4
21
1,100
10%
11
10%
11
10 3/4
11
25,800
7%
50 Va
8
7%
8
7%
52%
500
r
29%
30V2
29%
30
29
2934
3,300
35%
36
36
36%
36%
36%
3,500
53
30%
50
2.9%
23
29%
36
36%
35%
35%
47
47%
46%
47
47'/4
47%
x47
95%
95
96%
96%
96%
x04%
95
16%
16%
17
171/4
17%
17%
2%
3
*50'/$
47%
47
47%
95
96
96%
17
16 %
17
50'/a
3
3
/'
93%
25% ,-25%
30%
9%
,
51%
51%
52%
93
93
25%
•
93%
93%
93
93%
93%
94
94%
941/4
2,000
25%
25
25%
25
25%
25 Vs
253/8
25 VB
253/a
17,800 '
*9
9%
x9
8%
8%
29%
30
30
26%
26%
28%
9
31%
*20%
30%
27%
*26
26%
*26
4%
4
20%
3
3
9
*8%
29%
3
9
30 »/b
*26"
4 38
22 %
*10 6%
4%'
22%
107
4%
99
106%
*12%
*26
27
25%
200
4%
x4'/b
4%
4%
4%
4VB
4%
5,900
22%
21%
22%
21%
22'A
22 Vb
22%
21%
22 Vs
22,400
106%
106%
106%
1061/2
106'%
106%
106%
106%
106%
800
12%
12%
12%
13
12%
12%
*12%
12%
1,900*
9 Va
*8%
9
*8%
13
12%
12%
9 Vb
9%
38%
38%
38%
38%
39%
39%
39%
40
39%
40
403/4
41
3,300
21V*
21%
20%
21
20 VB
20%
21
21%
21%
21%
21%
22
3,700
12%
12
11%
12
*9
9%
9
9
12%
11%
8%
9%
9%
9%
9'%
9%
9%
9
8%
8%
9
9»/b
9
9%
9
35% Jun
Consumers Power Co
33 y8 Dec
1
42% Jan
5
Container
Oct
18
99% May 25
10% Mar 17
17% July 13
Dec
106%
Apr
84% Mar 23
92% Sep
Dec
40
Dec
44% Feb
110% July
29% Nov 30
95
9
May
13%
Feb
44
May
55%
Dec
For footnotes
see
92
8
poge 28.
Oct
7
% Nov* 10
48% Mar 17
99
3'
May 15
July 13
Corp of America com._20
preferred'
-a
$5.50
preferred
Continental
$3.75
Can
—
Inc
No par
common..—20
preferred
13% May 21
Continental Diamond
64 % Oct
Continental Insurance
26
—100
Continental Baking Co com'—No par
=—I—No
par
*12
31
31
31%
31%
31%
31
31%
*104%
105%
105
105%
104%
105
105
105'/4
105V4
104%
105%
par
par
700
*
'
8%
preferred—:—L.—.No
9
*8%
12%
$4.52
1,100
-
Vb
8%
2
1,500
30%
2534
8%
105% Dec
98,700
*29%
•12'/a
27
3
3
9
Sep
450
13,900
2%
8%
comi—No
5,500
17%
3
3
9
xl6
50'/b
'
pfd—100
Inc..—1
preferred „—'———No par
2,900
47%
95%
<
12%
$4.50
7%
36%
»9
Stores
Vultee
5,900
;
8%
Retail
300
31
*92%
.
50
10
54
16%'
Grocers
6%
9%
21
.95
Coppermjnes Cprp„.5
Consol Edison of N Y com—No par
—15
9%
'
Inc—No-par
preferred.
9%.
*9V9
47%
:10
—=100
Consolidated
Consol RR of Cuba
15%
19VB
9%
4,600
15
90%
15%
19'/8
20%
36%
Commercial
Consolidated
*89%
15%
9%
140
34%
90%
34%
90%
17%
900
61%
*1075
15%
s
Shares
141
*61
*30
Carbon
Commercial Credit common—
13
-33%
for
33%
61%
'1075
33
141
140
%
*50%
w—No par
w
Co/— ..No par
Columbus & Southern Ohio Elec.jlO
Columbian
60
Sales
the Week
$ per share
spar share
140
*89%
21%
8
61
139
61
1381/2
*18%
10
10%
'
Dec. 2
$ per share
;
Friday
Dec. 3
Thursday
Dec. 1
15%
11%
*20%
2.50
System Inp— .No par
Pictures common—No par
Wednesday
19%
21
preferred—100
■>
89%
*9%
Gas
Columbia
89%
1,300
SALE PRICES
15
18%
B—
Columbia
91
3,109
80
19
17%
Broad Sys Inc cl
Columbia
80
19%
20
*11
80
16
19
preferred——100
80
*19
15%
*9%
80
34
15%
92
33'/a
32
141
*1075
34%
4%
31%
*139
61%
'1075
5%
32%
141
80
139%
*60%
31%
*139
$ per share
*138%
62
33%
34%
,
137%
HIGH
5%
67%
32
141
Nov. 30
90
34%
15%
Ry con}.—100
Colorado & Southern
*60%
*1075
*1100
com_..No par
Iron Corp
xl37%
31%
*139
80%
Tuesday
I per share
63%
19
preferred
conv
Class
63%
Aikman—-—--No par
1-20
Fuel
5%
Monday
141,
141
No par
Mills Inc
Colonial
5V4
31%
141
*79%
-80%
Nov. 20
-
I per share
■
(The) common.No par
A
Collins &
7%
31%
*139
LOW AND
,
Saturday
1
STOCK
YORK
7%
"
No par
i—^100
8%
30%
16
70
40%
12 '/a
94
107
70
Coca-Cola Internet Corp
No par
Colgate^Palmolive-Peet com—No par
$3.50 preferred
——No par
4%
5,600
13%
,
Aircraft———1
90.
85
38%
109%
*109
Consolidated
100
185
38%
16% Mar 20
17
600
38%
103%
22%
107
38%
38%
10
106% May 25
30%
'
38%
i'
7% Nov
Nov 24
600
'
30%
Consolidated Textile Co Inc.——10c
98% Julv 26
200
80
7%
Consolidated
31"-
36,400
3,600
80
15% July
Feb
53%
8
15% May 12
Feb
460
37
*75
28
38%
56
8
31
*80
94
»
52'%
80
*160
85
52
20%
20I/2
39%
52
94%
20%
*30
180"
*80
'•
52
*93%
~
27%
8
:
».
51%
26
114%
10,300
51
11
Dec
300
4
*49 J/4
24
99% Dec
7,600
49
49
'
30
17,000
33
391/2
■1-
Feb
6
2,300
8%
8%
32%
8% Nov
Aug 27
5%
5%
5
5
5%
9%
10%
40%
Consolidated Natural Gas.-
Jan
2,000
*10%
.
13%
Class
$5
1,700
11%
10%
11
31%
13%
3%
800
5%
10%
5%
71%
51
18
37% Nov 24
11
■
.
"
65
16%
78%
5%
*76
78
18%
9%
15%
3%
3%
32%
50Q
39,900
10 %
9%
9%
4%
*16
3%
3%
1,400
31%
33%
5%
8%
29%
.
32%
*76
40
8
*28%
5%
,
:
9
28%
10i/4
8%
13%
8%
28%
.
933/4
18
9%
*64%
*12%
-
23%
*92
5%
9%
34%
34%
24
*10%
.•>
9%
33%
35
*12'.4
->
25
93%
43%
*——.No par
Corp—1.33%
Consolidated Laundries Corp
5
xl8% Jun
1,600
25
*40%
12% Jun 21
10
11% hfar 16
300
23%
*92
*70
Congoleum-Nairn Inc_r—No par
Consolidated Cigar
—No par
25 %
25%
24
94
xl3%
36% JLuly 12
May 21
*25 Vb
24
13%
Conde Nast Publishing
6% May 21
25
23%
94
71%
So preferred ;series—;—No par
Commonwealth Edison Co———25
32.
*24%
.
42%
19
106
■-»
500
13%
11% May 20
•<
14,400
*40%
Solvents
—No par
Commonw'lth & South eom__No par
3% Oct
30
Nov
7
13%
*70
Apr 27
29% May 14
2% Feb 10
Dec
July
29% May 26
30.
25% Nov
30
24
28
36
4
14% Jun
Nov
7% Sep
Dec
26% July
31% May 12
28% Feb
50
36
20% May
21/4 May
'
13 Vb
13%
EXCHANGE
4%
13%
71%
NEW
4%
13 Vb
13%
42%
Coca-Cola Co
Colo
12%
13%
.*
$ per share
s
51
65
*
4,300
39
34%:
1.9O0
8
21%
77
51
800
2,700
7%
*8-
32'/a
52
10%
*70
Industries
'
May
11%
52
*51
*51
i
32
10%
21 Va
77,
28
80
11%
8%
18
15%
783/4
31%
•
31%
38%
8,100
100"
102%
78%
32%
11%
11
9%
31%
102%
101%
32
*77%
28%
27
<
10;%
,
1,800
1,100
7>/b
*40 J/2
;
21%
63
29%
233/4
7
13%
cum
20%
May
9% May
*28
23%
7%
72
4%
22%
16 Vb May
8
28%
,' *70
preferred—
63% Jun
2
105% July
<.
15%
39
15%
39
24
7
42%
7%
183
29
Jan
Dec
12
15
38%
15%.
28%
5%
23%
9%
5%
31%
39
«
2,300
5%
21%
10%
8
32
2.400
10
5%
21%
78
4%'
8%
8
30%
10%
*9%
6
*27 %
32%
.
9
5
4%
8%
31%
Tfl%
10
13%
92% May 20
share
60 % Dec
May
56
Dec
18
t per
xl37% Nov
Jan
1155
May
May
87
5
8 %
31%
-
*105
Cluett Peabody & Co cum
Lowest
$ per share
191 % Nov
65%
9%
9 Vb
9%
*4%*
:
gtd—..50
7%
Co
RR
July 13
147
Range since Jan. 1
Highest
i
Highest
Jun
23%
9%
16%
9%
9%
31%
STOCKS
Year 1947
May
.
10%
10%
28%
*27%
,
200
*40%
Pitts
&
Special gtd 4.%
Range for Previous
Lowest
1140
10%
*9
18%
stock——_——50
Clinton
Cleve
'
I per share
10%
5%
10%
9
18%
Molybdenum..L—,—^No par
€9% Nov
141
77%
5%
100
preferred
40
Sep
xl3% Dec
x61%
77%
5%
*
$4.50 preferred
Feb
23% Nov*-
5
a
120
C C C & St Louis Ry Co com—:100
5%
non-cum
preferred
.—_100
Cleve Elec Illuminating com..No par
Feb
May
5
—100
—i
Clark Equipment Co
Jan
,
33
77%
5%
10%
—i—_Ho par
preferred
City Stores
May 24
38 % Aug
July 12
80
5 % %
24%
.
8.50
com.
Jan
1
57
89
32%
78%
5%
—2.50
Corp—
;
:
.100
Machine Co.—10
I T FinancialCorp—No par
101
'
33
77%
'•
preferred
Dec
.
__100
*—.—25
Cincinnati Milling
May 17
Dec
14%, Dec
34
32%.
:
i_ 1
^
Jun
35% July
42%
140
—10
—
preferred—
Copper Co.—
10-
Feb
Nov
.
Oil_'_
common.—
5%%
84% Apr
Jun
Jun
•
28%
RR Co„No £>ar
Pac
33
Jan
95
Dec
106
Rock Is &
9
176
27%
9
28
——100
:
6
7% Mar
78
...-34% Nov
34 %: Nov
107
9%
28%
vtc—100
Jan
Feb
Mar
.
9%
18%
8%
*8
94%
*28 VB
*18%
21Vb ' 21%
•j
23%
*94
■
11%
Dec
12% May
<
23
94%
Northwest com—t.No par
Cincinnati
27
May
vtc„No par
P
preferred
preferred
17
9
18
'23
Paul &
St
A
29% Jun
4
Nov
19% Nov
-
Milw
Chrysler
Feb
%
25
23%
*94
9%
Chile
Feb
90
25
*22%
9%
10
28
25
23%
94%
9%
24
111
25
*22'/a
*94
4,500
7%
10%
12%
9%
Jun
Dec
12%
*9%
65% Jun
21% May
12%
9%
3
Dec
12%
70
25%
"
-
300
243/4
102?, 102%
*77%
70
31-'% " 33
,
J
130
25%
23
7%
21
',.<17%
preferred series A__—100
Chicago Yellow Cab—_No par
2
63% May
20%
25%
*24%
*
4% Apr
1
8%
21
12%
12%
Conv
19% May 27
3
*8
20%
9%
•
20
2% Nov
9
21
18%
5%
22
July 22
*8
9
1
9%
Chic
72% Oct
56 V8
j
*8%
17%
7
44% Oct
32
11
9%
2
Jun
22
11
10%
18%
Chicago Pneumat Tool com__No par
$3 convertible preference_.No par
42% Sep.
14% Feb
7% Mar
11%
9%
Chicago &
18
10
11%
18%
preferred—
Chic
May 21
45% Jan
Dec
11
21
.
22%
77%
100
136
9%
5%
5%
31
Chic Ind & Louis Ry Co class A__25
Class B
-No par
^
102%
30%
_50
49% July 15
57:
%
77%
31%
—
5%
Series
40
*101
79
30%
*99%
100
16%
,
9%.
7"
30%
—40
T--*-
Chicago Corp (The)
:
1
Chicago Great West Ry Co com—53
23% July 15
9
11
*77%
'
—i
41% July 13
25% Feb
10%
A
102%
*101%
18 %
30%
138
25
25
16%
,
23
7
79
11
No par
3%% convertible preferred—100
Chic & East 111 RR Co com—No par
Class
13% July 13
15
26% Nov 10
49% Mar 20
July
,
14% May 21"
12% July 13
Jan
_
22%
7%
7
30%
1
Mfg
i
—.1.25
Chesapeake Corp of Virginia.,
r_5
Chesapeake & Ohio Ry common—25
29-,
July 13
23%
101%
—*5
—
5%
*22%
'
9%
5%
7%
—No par
Checker Cab
Jan
22% July 14
15% July 13
preferred
9%
5%
23%
_9.50
Products.,
9%
5%
*77%.
,
$4.50
17% July 14
14% Mar
Feb
Jan
15% Jun
7% Mar 16
Feb
33%
20%
6
11
30
Sugar Co
9%
*30%
Belt Co
No par
Champion Paper & Fib com„No par
14
30
4% Mar 16
Feb
38%
Violeta
i
M
16%
9%
*
*98%
*136
^%
24%
.
:
*18%
16%
30%
30%
99'%
137%
,
24%
6
101%
.—100
pfd
Century Ribbon Mills..,
26% Jun' 11
9-
Light 4%%
18%
16%
24%
-
99%
136%
99%
138
16%
*7Va
*
100% Jan
90
111
,Cerro de Pasco Copper Corp
7% Jan
Feb
6% May
23% May
-13% Nov
Jun
83-
23% Mar 16
5% May
-
108
*18 %
*23%
*
24%
29%
29%
99%
138
24%
19
16%
Central Hudson G & E Corp—No par
77%
Nov
*18%
£
9%
100%
"
7
24%
24%
*5%
38% July
22% Nov 10
Jan
139
_1
Dec
29%
100 »/b
139
u—5
7%
10%
100 Vb
140
No par
—
Ry Co vfcc
30%
30
30%
101
*137
No par
common
Ga
30%
*100'/a
100
-
105
35
35
*91%
92%
34
*91%
341/2
92%
34
*91%
13%
14 VB
14%
14
88%
88V2
89
29%
29%
97%
Fibre./——.5
8%
8%
10
*59 %
60%
29%
*95
87/B
60
301%
97%
26 Vb
*95
29%
97
313/8
3,400
103%
103%
*1043/4
105'/4
740
104
104%
105%
33%
33V4
92%
*91%
14%
14%
14%
143/4
14 3
88%
89
*95
31%
27,400
*91%
14%
14%
88%
31%
2,000
9%
103%
88%
*88%
89%
89%
89%
70
29%
30%
33VB
92%
13%
31
31%
900
93/a
105%
103%
*105
34
£8%
'
12
•'
,
*96
9Vb
9 Vb
B'/b
x9
6OV4
59%
59%
60
104
'
9%
€0
92%
33'4
92%
34
470
2,500
92%
4
40
3,200
29%
"
97%
34
30%
30%
31%
14,300
*95%
97Vb
96%
96%
100
9
60%
9
60%
9
60%
9
r.ioo
62
1,800
COMMERCIAL
THE
(2336)
f per share
12%
1 per
thare
10 7» Jun
24
Continental Motors
11
69% Jun
18
Continental
Oil
Mar 16
197s Apr
16
Continental
Steel
14
Cooper-Bessemer
27%
Oct
14
14% May
19
Feb
19% Mar
43
55
Dec
12%
Apr
May
9
33
Jun
x49% Mar 17
55
July 12
Vt Oct 22
12%
Jun
17%
Oct
13
11
21
44
Dec
55
Feb
42% Mar 24
49
Jan
13
10
61
18%
Dec
Feb
18
Nov
88%
Dec
105%
Feb
88
Nov
3
88
Dec
105%
Jun
86
Oct
28
61%
Sep
75%
Jan
56% Dec
1
Aug
164% Oct
18
195
Dec
3 % Dec
1
23% Oct
98
1
Corn
66% Mar 24
574 Jan
Dec
8%
Jan
Dec
4%
Jan
2
Nov
29
3% Feb
2
Feb
29
Feb
13
39% Jun
14
94% Aug 31
98% Jun
2
Jan
15
2474 Jun
8
40%
26% May
97
Dec
107
Mar
11%
Dec
16
Oct
22%
Dec
30
Jan
9 %
Nov
9
Mar 18
x21
13
Crane
Co
374%
36% Nov
18
46% Mar
6
$2
347# Jun
1
Crown
25
Apr
34%
Oct
24% Nov 29
98
Dec
108%
Feb
105% May
130%
91% Feb 24
99% Nov 16
10374 July 14
Jun
1
37% Feb
Nov
29
2874 Jun
14
Jan
65% Dec
1
7871 Jun
2
34%
Oct
25
Dec
3
34
Jan
17
Cuba
21%
Jan
12% Feb
11
22
May
'
13% May
165
Jan
12%
165
17%
Dec
Jan
21
155
Apr 21
7% Dec
Sep
1
Nov
24
129
17 ys Aug
4
1374 May 21
88
Dec
19%
Feb
12% Nov 29
July 30
17% May 18
Oct
27%
Nov
15% Dec
1
2472 Jan
6% May
113% Jan
12%
Feb
Feb
11
122% Feb
17
150
Mar 11
61
82%
X16
24%
I
56
Dec
Jun
4% May
12% May
Feb
101
71
Mar
147
Dec
70
7-
Mar
.
6%
21%
132
48
4% Feb
Feb
11
18% Feb
Dec
13
Jan
27
Aug
2
187
July
19% Aug
90 % Nov
26%
Sep
19
Sep 28
30% Jun
97
Sep
85
Oct
8
94% Jun
24
14% May
23%
Oct
13% Mar
9
2074 Jan
2
25
177e Jan
25
247a
24%
3,000
*53 7a
543/4
*53 7a
5474
*53%
5474
*53 7a
5474
19 7b
Xl7%
177a
177a
1774
17%
17%
17%
*49
51
49
49
497i
48
49
20
51%
9%
97a
10%
5174
51
9%
52 3/g
*537a
5474
1774
9%
9%
*49
97a
517a
110
1,500
517a
51
540
7,400
197a
19 74
197a
19
197a
1874
197a
187a
19
187a
197b
*89%
91
9074
9074
903/4
9074
*90%
9172
♦907a
91%
917a
91%
100
*90
91
91%
917a
*90 7a
9172
*907a
9172
*9072
91%
907a
907a
58%
58 %
58
5874
587a
5674
577a
587a
57
58
170%
1707a
1707a
5
19%
3%
37a
2%
*92'%
*92
96
1727a
1707a
3%
37a
37a
3%
27s
27a
27b
96
*9%
974
*93
9%
23
173/4
17%
*25
257b
247a
25
247a
*9572
No par
38
96
957a
95%
957a
97
*95
No par
*94
217a
217a
10o
97
*2674
26%
*94
2174
2674
2574
15
15%
180
*160
8
71
71
157a
8
717a
180
3,100
27s
3,100
317s
9,900
2
96
*937a
96
97b
97a
97a
23
23
237a
237a
237b
500
177a
18%
187a
19
187a
187b
3,100
37
3674
3674
100
3,100
9%
9%
97b
97a
*23
*35
3672
*36
245/a
25
2574
25
2574
25
957a
957a
95
95
95
95
97
*94
1,500
2574
967a
*94
*94
97
290
97
217b
22%
22
2274
2174
22
68
6572
6674
66
66
6574
6574
600
2674
25%
26
257a
257a
25
2574
2,380
15
15
*160
874
37a
37a
217a
*6574
8
*93 7a
30
3074
31%
50
172%
177a
97
21
.6574
*160
97
377a
2674
68
1574
*36
x65%
*67
non-cum
21
38
317a
*93
27a
31
90
5,400
24
♦23
*35
5
*36
x307b
9%
23 74
173/4
33%
97
32%
37a
27a
*17074
172%
37a
27B
33
1774
17%
♦1707a
3%
2
58
17072
24
*23
No par
com
32%
327a
*972
2
com
*170 7a
2
32%
57
1707a
33/8
2%
2.50
Corp
4,000
97B
97a
97a
5074
974
52
52
51
51
177a
17%
4974
*49
100
1
(The)
preferred
:
8
15
180
♦160
87e
15 7b
♦160
178
*160
87a
71%
2,700
178
8%
77a
874
717a
8%
15%
157a
157a
15
178
77b
3,700
12,200
73
♦71
500
727a
*7074
75
*71
74%
5
*1274
13
12%
12 7a
127a
127a
♦1274
13
*1274
13
**16%
17
167a
167a
16
167a
157b
157a
*1574
1674
♦1574
1674
1,100
77b
77a
7%
774
77a
7%
7s/a
7%
7%
16,900
Press
Class
10
6
21% Mar 16
2474
»9%
25
100
com
Inc
1
Corp
<
100
51
*5072
207b
2074
20%
♦132
140
25%
136
25%
25%
77»
13574
51
774
77b
*132
No par
135
137
7'A
1
pfd
Inc
D
Dana
137
*50
.1
A
Cutler-Hammer
x31% May 26
7%
77s
No par
Cushman's Sons Inc 7%
2
Apr
Feb
133
30%
247a
1
Prior preferred
Curtiss-Wright common
May 14
12% July 21
28 % Sep
1
18% May
129
24
51
19
No par
6%
25
Cunningham Drug Stores Inc
2.50
Curtis Publishing com
No par
$7 preferred
No par
Cuneo
13
13% July 15
-
RR
2474
5474
* 497a
pfd
100
Cuban-American Sugar common__10
7% preferred
100
Cudahy Packing Co common
10
472%
preferred
100
9
Jun
177
Seal
Crucible Steel of Amer
conv
2574
100
Zellerbach
5%
Oct
1,000
24 74
7%
7%
•
1
preferred
$4 2nd preferred
96
1574
25
$4.20
22% May
1574
1
com
preferred
66
Dec
5
50
series
America__
&
11,000
16
*537a
common
Refining
of
21,200
*1574
2574
preferred
Cork
Crown
267s May 27
52% Mar
Dec
41
Co
Cream of Wheat Corp
10
774
5574
16
2574
common
Creameries
17% Nov
77a
537a
16
5
preferred
Coty Inc
Coty International Corp
2
4%
2%
77e
557a
1574
xl67»
7%
Mar 19
177
7%
X54%
153/4
16%
No par
pref 5%
Products
77a
55%
1674
16
Exchange Bank & Tr Co
Corning Glass Works common
372% preferred
Cum pfd 372% ser of 1947
July 21
7%
7%
55 7a
Corn
15
973% July
Steel
Convertible
57% July 14
51%
170
Copper weld
for
Shares
54%
7%
543/8
common
Sales
the Week
t per share
55
774
557b
14
share
$ per share
54
7%
547b
Corp
t per
Friday
Dec. 2
Dec. 1
< per share
$ per share
$ per thare
5
Delaware
Cornell Dubilier Electric Corp
15
Nov. 80
Dec. 3
Thursday
Wednesday
Tuesday
1
of
Corp
83 prior preferredj
1
10
Feb
32%
Nov
9% Nov
50
Feb
20%
Dec
Feb
157a Jun
12% May
Nov. 27
Par
27
6
Dec
Monday
Nov. 29
gstnrdmy
thare
Feb
46% Feb
Feb
55%
Apr
f per
Monday, December 6, 1948
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
Highest
Lowest
Highest
6% May
35
NEW YORK
Range sine* Jan. 1
Year 1947
I per thare
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
51
77a
77a
2072
140
207a
*132
2574
2574
136
136
137
♦1357a
137%
137
51
*50
51
*497a
51%
77a
20%
207a
140
207«
20%
140
*132
2574
2574
7%
100
77b
33,300
21
207a
*132
■>
180
5074
77a
21%
140
*132
400
137
*50
774
77a
7%
3,200
140
25
257a
257a
257a
3,000
20
2574
203/a
19%
20%
8,000
897a '
877a
87%
10
15%
1574
1574
200
//////Yy/v/>
197s
19%
19%
19%
19 7a
193/4
193/e
207b
pfd series A
100
*8772
897a
*87 7a
897a
*87 7a
897a
*87 7a
89 7a
*87 7a
Davega Stores Corp common
2.50
*14%
15
*14 7a
157a
*14%
1574
*14%
1574
1574
20
*1472
16
*14%
16
*14 7a
16
*14%
16
3%%
13
13
common
1
'
Feb
15
5%
preferred
conv
16% Jan
24%
Oct
18% Feb
14
2874 July 14
Davison
24
35%
Jan
24% Feb
25
3174 Aug
4
Dayton Pwr & Light
Dec
82% Dec
101% July
82% Nov 16
94
Jun
101% July
23 % Feb
84
94
Jun
10
15% Jan
5
Dec
12% Sep
11
Sep 27
8% Nov 30
20%
Aug
45%
Oct
27
Dec
1
42
Jun
15
May
46%
Oct
32% Dec
1
467b Jan
2
Dec
38%
Feb
29% Feb
5
347s May 24
45% Mar
29%
Feb
8% Sep
1374 Jan
Sep
33
31
24
9
38% Jan
20
507a Jun
10%
Feb
7% Feb
11
1374 July 12
6% May
19%
Dec
14% Feb
11
397s July 15
25% May
44%
Dec
32% Mar 16
32% May
5% May
24
y
3.75%
series
A
Preferred
3.75%
series
B
Dayton
Decca
Records
&
7%
Co
20%
Dec
20
27% Mar
Apr
9
% Nov
59
Aug
62%
56
10% May
17% Jan
13% July
26% Oct
16
22
Oct
7s Nov
9
607a Jan
9
9
Dec
2
10% Feb
Oct
July 15
2174 May 17
11
22% Mar 18
137a May 24
2674 Oct 23
Jan
11% Nov
13
16 7b Jan
10
20% May
35% Apr
31%
Feb
21% Nov
9
28% Jun
2
47
Jan
357b Mar 12
42%
Nov
50
Jan
38
13
46% July 29
17%
Dec
24%
Feb
113/B Nov 29
1974 May 26
11% May
18%
Jan
13
15% Dec
19%
Oct
14% Mar 12
Feb
Mar 17
46
Jun
10
X1974 May 21
207a Oct
19
ctfs
for
Steel
common
23
Jan
5
Jun
16
Doehler-Jarvls
21%
Jun
117B NOV 22
19
Feb
24
Dome
76
Jan
47
67% Apr ,15
Douglas Aircraft
42% July
Feb
50 y2 Oct
Dow
97
Dixie Cup Co
Class A
6
10ey2 Jun
Feb
13
1067« Oct
22
$3.25
xl8% Nov 29
317s Jun
21
Dresser
Dec
98%
Feb
83
Jan
2
98
July 16
374%
19
Feb
127a Feb
11
20
May 15
Dunhill
17%
Nov
127a Mar 11
18
May 20
Duplan
107 %
115% Jun
Dec
19% Mar
14
Sep
1137a Jan
28
Feb
11
94
111% Aug 24
12% Oct
1
124% Jun
17
997s Jun
3
Jun
22
15% Jan
2
116
I per thare
$ per share
Jan
16
Nov
25% Aug
24% Apr
1874 Nov 30
137b Oct
15
14%
Dec
42% May
163
Dec
51
11
Nov 30
13% Nov
10
2274 Jan
387s Feb
10
46% May 15
157
18%
88
"Dec
Dec
15% Aug
104
Dec
57%
25~%
109
4774 Feb
Dec
Feb
27
317b Dec
42% May
Sep
15
Feb
82
Nov
Mar
175
8
Jun
17
28
6974 Oct
26
3
337b Dec
1
30
197b May 17
8
92y2 Jun
1
27%
Feb
11 7B NOV
30
167a Jan
2
111%
Feb
96
30
Nov
106
Jan
12
87b Jun
24
5
„
10
166
Oct
21
11
147
Oct
26
10
56% Jan
9
17
6
24% Mar
14
Feb
Sep 28
197a Nov
Jan
9
277s Jun 14
55% Nov 29
7474 Jun 14
45
Aug 19
49
Oct
6
46% May
9% May
59%
Oct
5574 Feb
13
76
Jun
3
17
Dec
12% Feb
11
20 ys July
11% Dec
19%
Jan
127a Jan
38
Apr
x29% Jan 22
107
Mar
97b Mar 18
97
2
12% Feb
27
47b Jan
Dec
Feb
5
97b Feb
11
507a Feb
Feb
Mar
11
59
Sep 14
13%
Feb
17% Dec
24%
Feb
10% Nov
32% May
x«%Dec
25% Jan
7% Mar 17
50% Oct
357s Nov 30
13% Aug
4% Nov 18
4 7b Nov
97a Nov
For footnotes see
page 28.
29
18
6
157a July 9
167b Aug 27
34
104
Jan
8
Jun 10
6 % Nov
4
16% July 12
6574 July 15
68% Apr
9
Jan
213/8
213/b
21%
40
40
41
40
40
3974
3974
44
44
4474
43%
433/4
43
43
900
13
13
13
13
13
900
41
*11%
113/4
*40
44
*
7s
12 5/B
16
16%
16
167a
157/b
143%
143/4
*1474
28
28
2874
2874
283/4
49
*47 7a
48%
*47%
10%
10%
10%
1074
317/B
32%
2872
483/4
*27
*477a
483/4
107a
10%
307a
31
*47%
10
10%
303/4
313/4
12 7a
12
48% '
X44%
.
$3.50
!
457a
•445/b
44v/a
'9874
99
993/8
993/8
99
99
99%
99
993/8
£9%
997a
19
19%
207a
207a
20%
99
*86
90
*86
1472
13
13
*12%
123%
123%
series
*11972
No par
1st pfd
/-98
1147b
100
*13
5
168
1207a
45
7a
327a
323/4
117/B
11%
ll7/s
4974
..,483/4
497b
3,900
453/4
46%
467a.
6,800
9974
9974
46
Co
Corp
*13
13 7a
*13
13
*12%
137b
*13
13%
200
1667a
168
1677a
16974
1673/4
1687a
5,700
119%
1207b
*119 7a
12074
1193/4
1193/4
600
168
165
1677a
119%
119 74
1193/s
1193/8
977B
977b
977a
977a
114%
12%
98
115
1147b
1147b
114%
13
12%
127a
127b
90
-
*1147b
1153/4
1147b
1147b
110
*12%
123/4
127B
12 7b
700
Monday
Tuesday
Nov. 29
Nov. 30
t per share
< per share
Wednesday
I per share
Nut
Co
(The)
Sales
Dec. 3
Dec. 2
the Week
8 per share
I per thare
19
183/4
187/b
19
147a
147b
14%
14%
153/b
157b
15%
157b
15%
153/4
15
1574
*1574
153/4
157a
15 y2
1574
15%
14
437a
13%
133/4
137a
137s
137/b
14
133/4
1474
43 74
43%
43%
437b
433/4
443/8
x43 %
43%
162
♦1597a
1613%
16174
1613/4
*1607a
1603%
X15972
67
657a
66%
653A
667a
33%
X32%
18 %
187a
18%
183/8
183/b
1,900
14,500
1597a
15972
170
31%
160
32%
5,000
1,900
2,900
323/4
157a
157b
157a
15 7a
157b
157b
1574
15
15%
1574
1574
917a
*89 7a
917a
*89 7a
917a
*895/a
917a
897a
897a
*89 Va
917a
1172
117a
117b
117a
1172
11%
11%
uy4
11%
1174
11%
96
96
*96
67b
5
41
17s
18%
150%
No par
No par
,*135
*49 74
No par
100
67B
41
117a
♦96
x6
39%
100
6
*6
397a
41
*94
674
6%
*6%
403/8
407b
*14
147a
*14 7b
147a
14 74
333/4
333%
333/4
*333/4
17a
l5/a
17a
17B
l5/a
187b
50
1474
35
l3/4
6%
67a
700
413/4
7,700
147a
14 y4
143/8
343/a
*33%
34%
100
l3V*
1%
1%
1%
9,300
19%
19%
20%
19,500
2,700
19
193/a
1503/4
151
1517a
151
151
*150
153
151
151%
137
135
135
1347a
1347a
*134
137
137
137
49 y2
49%
50
50
*14Va
157,
4974
49 7a
4974
18%
4974
18%
1974
400
493/4
49%
Elgin National Watch Co
15
157a
14%
14%
Elliott
10
*20%
21
203/a
21
20%
2174
21
21
50
*5574
57%
55%
557a
*55 74
57
*55%
587a
*55%
577a
*56
57
50
*44
457b
46
*44
46
*44
46
*44
46
•44
46
common
conv
preferred
preferred
El Paso Natural Gas
Emerson Electric
67%
6774
4
13 74
137b
5
12 y4
127a
3
Mfg Co
Emerson Radio
& Phonograph
Empire District Electric Co
10
Endicott Johnson
Corp common
25
4% preferred
100
Equitable Office Bldg
Erie
5%
RR
common
preferred series A
Pittsburgh RR Co
15%
l
No par
100
14 7b
147b
15
20%
203/4
21
*14%
667a
677a
663/4
67
66%
67
13%
13%
13
1372
13
13%
1374
127a
127a
113/4
1274
12
12%
Xl2%
147b
xl47a
1574
663/4
•
13
13%
3,300
13
13V4
7,200
14%
14%
1,500
147a
147a
147a
147a
307a
307s
307b
307b
29%
30
*30
31
997a
*98 7a
997a
*98 7a
997a
♦987a
997a
47b
47B
*47b
474
47b
4%
4%
4%
5
5
13 y4
137b
*54%
56
*61
66
1
8
3
*35 %
36
2.50
*47s
5
478
*97b
47b
10
8
13
13 3%
547a
547a
*61
47s
9%
7%
36
66
4%
9%
123/4
137b
55
5574
*61
47B
97b
66
47a
974
133/s
1374
13%
55
*55
56
56
56
66
♦61
66
*61
1,700
66
4%
9%
47a
1074
137a
4
%
1074
73/4
73/4
73/4
7%
7%
35 y8
3572
357a
357a
35%
5
5
*43/4
12%
87B
*4%
500
99%
54%
*61
3674
5
31
31
*98 7a
•
133/4
•
;;
35%
*43/8
5
*4%
5
15,400
800
2,300
10 7B
7%
1,600
83/4
107B
10%
8
47a
4%
•4%
9,100
36
35%
"
*43%
1,400
13
*98 7a
.
100
.
13%
307b
147a
500
2,100
6674
667a
1,400
14%
997a
Eversharp Inc
Ex-Cell-0 Corp
Exchange Buffet Corp
5
677a
15
207a
*98 7a
5
50
*44
15V4
*29%
Eureka Williams Corp
Evans Products Co
&
*15
900
147a
*333/4
18 3/4
187a
50
3,100
40%
6%
41
1503/4
*135
'
10
96
*94
96
39%
*33 7a
150%
*94
6%
14%
137
96
407b
34
17a
1,900
1474
447a
*89 7a
15
16,900
43%
*14
1
No par
Electric Storage Battery
5%
Shares
1,800
18 3/8
1474
157a
66 V2
1
;
common
preferred
Co
for
Friday
Thursday
Dec. 1
167a
*160
100
Auto-Lite
57a %
500
97%
*97
97%
*97
100
14
2.50
common
common
Electric Power & Light com
$7 preferred
$6
1*86
14
100
Co
preferred
Stop
90
*86 Va
90
14 7s
14
4
preferred
Electric
11,200
*86
2
Edison Bros Stores Inc
Elastic
1,800
20%
1974
437a
100
common
47a %
1017a
2074
21
33 7b
10
Manufacturing Co
Products
700
100
1007b
100%
2074
99 7a
14
*157a
__5
common
preferred
474%
100
*
1874
10
1
Ekco
•5,700
11,500
11%
49
*12 7a
98
$ per thare
10
New
6/400
•
,
Inc—
Eaton
40
487a
*12%
115
Nov. 27
Eastern Corp common
Eastern Stainless steel
Kodak
1,000
14%
987a
8atnrday
Co
Airlines
900
29
13
90
168
123/4
16,800
LOW AND HIGH SALE PRICES
STOCK
Par
Eagle-Picher
13
11474
137b
600
143/4
287a
1,300
16%
14%
127b
14
,7% Mar 30
12
2174
*12%
168
700
12
12
217a
*13
Erie
3
*11%
12
2172
*86
14
20% May 17
11% Jan
5
497s May
X237a
ll3/4
22
,'l27a
1
11
49% Feb
247a
12%
'22
__100
137b Feb
1237a Feb
2374
1,300
14%
90
preferred
19% Feb
139
2,400
143/4
Xl87a
14 7s
Oct
10 7a
23%
16%
197b
*337a
Feb
107a'
23%
16
997b
99
j
3
57%
1074
14%
197b
Convertible preferred
No par
Elec & Mus Ind Amer shares
156 %
243/4
103/4
16 3/8
995/b
4672
,
20
1074
143/4.
50c
common
Electric Boat
171
24 y4
9,800
58
56
16
___No par
preferred
2% May 24
23% July 7
Dec
103%
.44%
167a Oct 21
7% May
,2478
74
107/8
*55
56
1474
' ;'*46%
37% Jun
85
*40
' .",*98%
10
Jan
103/4
2,500
69,700
58
*55
,477a
13
67
107a
24
58
1274
19
Nov
1074
24
*55
47
Feb
63
58*
ll7/a
17a Nov
47% May
*55
47
11
4%
A
ll7/a
327b Feb
Dec
A
4774
Jan
3% Dec
A
117a
Feb
8%
19/64
47
Jan
27% May
May
19/64
1174
3%
102
A
.1
48
16%
Dec
207a
1172
39 %
15%
46
2074
32
5
July
263/4
46
15
.'
DWG Cigar Corp
6%
5.900
25
20%
_No par
comjnon
Duquesne Light 5%
Eastman
8,300
477a
48
No par
Co
conv
Eastern
900
1,600
97a
26
11
10
Dec
41
8%
974
20 74
3274
5 7b Jan
47
41
8%
47
107a
39 74 Nov
135%
41
9%
41
25 7a
31
Feb
145
40%
83/4
20%
11
Feb
10
40 74
8%
467a
477b
8%
Sep
11% May
4074
2674
3274
65%
2
34%
20%
11
4% May
1
34%
45
24%
47 y2
10% May
33% May
Jun
34%
'24%
*47 7a
50 % May
56
34%
.
25
*2774
6 per share
Jan
343/a
203/a
28 %
EXCHANGE
48% July
198% Oct
*34%
457b
16%
—No par
—_
NEW YORK
257b May 27
207b May 18
19% Nov
1
3474
2074
1474
28%
Corp
E
19%
15,600
44 7a
1674
International
Lowest
8 per share
1,400
33%
243/a
*1474
No par
Du Pont de Nem (E I) & Co com__20
Preferred $4.50 series
No par
Range since Jan. 1
Highest
Highest
28%
32%
25 7a
STOCKS
Year 1947
277a
333/4
20 7a
107a
12
Corp
Preferred
4,300
2774
337B
46 72
58
24
No par
Industries
Range for Previous
Lowest
.
107b
:__No par
Ltd
2nd
87a
87a
27
3374
25
No par
$4 preferred series A:
10% May
14% Nov
173
May
Sep
8 3A
27
3274
1
,
80
Dec
87a
3,000
27
•
207a
2
common
Chemical
Feb
May
Dec
8%
20
100
93/4
*9 7a
9%
4574
1
Pepper Co__
14
92%
_1
2
Co
I
40
110%
Car
Corp-Seagrams Ltd
1
115%
8%
:■
9 74
25%
*55
1
;
Corp
Mines
974
20%
2074
12 7a
Dr.
8,700
47
25 7b
*4674
44 74
Distill
3,400
25%
83/4
117a
Divco
19%
257a
.
4074
9
43%
13
9
83/4
12
Feb
1887a July
40
9%
45
Dec
Mar 18
407a
100
preferred
10
164
41
97a
100
com
Motor
T
29
July
129% Aug
*40
*4474
partlc
Oct
197
3474
25
6%
Feb
90
34%
41%
39%
Oct
*34%
*4074
34
Dec
347a
No par
Match
2
23
33
*34 Vo
9
87a
27%
327a
Diamond
21
104 %
87a
X27%
33%
34 7B
12
Apr
Dec
8% '
28%,
323/4
227a
Jun
91%
8%
287a
87B
1274
Diamond
*863/4
974
347a
22%
56
15
8%
29
87b
*2872
1274
41
22
88
89
22%
13
,
88
88
867a
*863/4
9%
*12 74
19
.
*86
89
*85%
89,
974
*21%
Oct
327s Feb 20
87
*87
867a
*863/4
10
50
pfd__,
Corp
Nov
114%
*85 7a
89
*85 7a
89
*972
De Vilbiss Co_.
___J—
5
Devoe & Raynolds class A_.___12.50
47
Dec
867a
8672
* 8674
100
.
Detroit-Michigan stove Co.i__.
Detroit
25
Sep
86%
—
19
"
*8572
Detroit Hillsdale & S W RR Co__100
Oct
98%
18%
257a
A
Sep
36%
18%
257B
Rights
40%
29
19%
25%
20
55%
Nov
18%
25%
1
Detroit Edison
May
-45% May
•
19 74
26
No par
Western
for
ctfs
May
Dec
183/4
257,
—
Grande West RR
Escrow
•Escrow
25
19%
197a
253/4
20
&
49
28% May
16% May
19
2574
50c
_
Delaware & Hudson
Denver & Rio
58
19
25%
100
Inc
common.
Lack
19
2572
100
preferred
Delaware
1
50c
Rubber Co
Deep Rock Oil Corp
Deere
16
*14 7a
16
7
(The)
common
Preferred
17
84
Chemical Corp
*14 7a
2,100
-
4%;
4%
100
Volume
168
t per share
Par
$ per share
9 per share
Monday
9 per share
BALE PBICES
Wednesday
Tuesday
Nov. 29
Nov. 27
.
Nov. 30
I per share
21
(2337)
LOW AND HIGH
Saturday
EXCHANGE
Lowest
Highest
STOCK
NEW YOBK
Bange since Jan. 1
Highest
Year 1947
I per share
CHRONICLE
STOCKS
Bange for Previous
Lowest
& FINANCIAL
COMMERCIAL
THE
Number 4757
Thursday
Friday
Sales fer
Dec. 3
Dec. 2
Dee. 1
$ per share
$ per share
the Week
f per share
t per share
Shares
38 ¥4
4,100
F
44
May
25 Ya
Jan
60
Feb
54% Jun
10
Fairbanks
33 % Oct
28
Nov
14
28% Oct
29
Nov 24
11% Jun
16
Feb
20
16
Oct
23
42% Mar
35% Feb
11
Jun
3
23 Ya
16
Apr
~4%
May
_9%
Feb
5
HVa
Dec
14%
Dec
11 "
May
16%
Dec
9% May
July
14y2
43
Mar 11
Federal-Mogul Corp
Federal Motor Truck
12 Ya May 18
Apr
28% July
Dec
107% -Jun
20
Dec
26y8
20% May
26 Ya
Jan
18% Mar 17
26% Jun
46% May
59 Ya
Feb
53% Feb
69% Oct 26
61
Feb
42%
Jun
104
Sep
51% May
14 V2
20% Feb
Feb
9
99% Jun
15
20
Feb
10
90
Feb
10
24% Sep
7
Felt & Tarrant
9
28
Dec
Jun
53
59 %
14% Feb
20
20% Aug
39%
Oct
28 % Nov
29
42% Jun
14
110y4
Feb
97% Oct
7
99
Dec
July 12
X104
5
14 ¥2
14%
14 ¥4
14 ¥a
38 ¥2
38
38%
x36
36
♦35 ¥2
37
17
17 ¥4
17 ¥4
*16%
17
16 ¥2
16 ¥2
6¥a
6%
6 ¥,
.
*16 ¥2
*6
6%
21 ¥2
13
28
92'
22 ¥2
22
¥2
1,400
193/4
20 ¥a
20
20 ¥4
1,900
20%
65 ¥»
*64 ¥4
28 ¥2
20%
13%
13
M, 127/a
11
40% Jan
12
—10
24%
24%
24%
91
Dec
110
Food
May
23% May
12% May
23
105
Jun
21
10
90
Sep
13
85
July
32%
Nov
82% Nov
19%
24% Feb
Deo
26%
Jan
22
25%
Jan
50%
Feb
22
Jan
10
18%
39
Jan
24% Jan
17% Mar 12
77
Dec
103% Mar
74
Fruehauf Trailer Co
10
May 15
47% Oct
18
84
Sep 28
5
Aug
4%
4
preferred
54
54%
54
54
17%
17
17 ¥a
17 ¥a
173/e
283/4
13%
13
23%
24
24%
x9%
10
32
32%
86%
♦88 3/4
26
•23
*23
11%
11%
11%
24¥a
24
*23
24
11%
'
Xl3%
13 ¥2
13%
133/4
13 ¥a
13 ¥4
1,200
2,000
127/a
12%
13
13 ¥a
13 ¥a
13 Va
1,400
24%
25
25%
'25 ¥2
26%
4,200
2,000
2,200
100
*9 ¥4
10
32
32 '/a
86
86
86
91
91
91
251%
25 ¥2
25 %
9¥a
9¥a
9¥a
32¥2
321/2
85%
86
85 ¥4
90
90
89%
25
25%
25 ¥a
23 ¥a
24
11%
♦96 ¥2
32%
24
9%
25%
86%
88%
25%
13,600
98
30
90
86 %
88%
283/4
28 ¥a
293/4
*29 ¥2
86%
x86%
1,700
*96 ¥2
32
25%
1,100
17 ¥4
29 ¥2
32
88
53%
17 ¥.
29 ¥2
31%
87%
200
53 ¥2
30 y4
100
30
9%
9%
28 ¥2
6,700
104%
*104
24 %
13%
*123/4
287/a
28 ¥4
♦96 ¥2
100
30%
13%
13
10%
11%
12%
11 ¥4
8%
*8 ¥2
250
24%
*24
25
*24
*11%
460
5,100
40
11 ¥1
Hi/4
11%
TOO
87/a
8%
8%
900
1,100
8%
8%
8%
8%
8¥a
8%
8%
•42%
42%
42%
42%
42%
42 ¥a
42¥a
43
44
44¥2
44
44%
•10%
11%
*10%
11
11
11
11
11
11
11
11
11
700
21%
22
21%
21 ¥4
21 %
22
21%
21 %
21 %
22
3,200
78%
78 ¥»
7 8 ¥4
*78%
78%
77%
78
77
77
150
6¥a
6%
6 ¥2
6%
*6 ¥2
6%
900
X6s/a
6¥a
6
63/4
6 ¥2
6¥a
7,800
*17 ¥2
17%
300
1
common
54%
17 ¥a
25%
Froedtert Grain & Malting Co Inc_l
16% May 21
36% May
11% Nov
Dec
22
12% May 18
Mar 16
10% Nov 12
8% Aug
9
35% Feb 13
135/a
•85%
100
Corp common—10
6% prior preferred
25
Francisco Sugar Co———No par
Franklin Stores Corp—
1
Freeport Sulphur Co
10
3%%
Foster-Wheeler
38% May 21
25% Jan
5
27
Feb
conv pfd
preferred
3%%
*533/4
1,000
44 ¥4
43%
43¥4
1047/a
30 ¥4
33
10%
Corp__ 10
100
Chem
&
Machinery
43
•104
28 Va
•32
1
Food Fair Stores Inc
43%
104%
270
66
643/4
66
65 ¥2
42
31
30%
65 3/4
*65
♦104
44
*96
100
31 ¥2
64%
104%
42%
*104
29
28 ¥a
*96
12 ¥a
47% Jun 14
64 ¥2
653/4
17%
7%
No par
12% May 24
*19
53 ¥2
No par
10
21
17%
Florsheim Shoe class A
Nov
21
45 ¥4
Florida
9% Mar 17
22
104 Va
Florence Stove Co
29
22
53 ¥2
•
29%
13%
22
44%
100
*31
22
104 %
45 ¥4
104 ¥2'
6
Feb
2,100
5,400
27 ¥2
21% Jan
15%
300
400
6 ¥2
915/a
36% May 26
15% Jun 24
May
9
17
6%
223/4
21%
*97
Corp
37
*16 5/a
22%
*21 ¥2
17%
Steel
*353/4
17
22%
19%
21 ¥4
54%
Follansbee
36%
*16 ¥2
90 ¥2
2
23% Feb
*36
27 ¥a
24
Dec
4,800
90 ¥2
21
Aug
14 ¥2
27 ¥4
13 % Feb
40 %
14%
27%
29% Dec
Jan
14%
14 ¥4
91¥a
Jan
May
6
52,200
27 ¥a
Jan
14 y2
53/4
900
6 ¥4
♦90 ¥2
*17%
Corp
14%
6¥a
27%
*53 ¥4
Power
14 ¥4
3,500
6¥a
6
91%
17%
12% Nov
5 ¥4
20 Va
23%
26%
41%
24
5¥a
14%
14%
63/a
Dec
.
18
5¥a
5
20
*23
*90¥a
No par
—No par
23 ¥2
26¥4
65 ¥4
44%
preferred
20
90 y4
•103 ¥2
64
May 27
19 ¥a
23 ¥2
90 ¥s
May
30
i9ya
23 ¥2
26 ¥2
25
(The)
38%
19 ¥4
23 ¥2
38
23
5%
6
38 3/4
19%
23
37
xl9¥a
91
100
Firth
38
26%
26 ¥s
*90 ¥4
•21 y8
10
38
6%
*37 ¥4
1
First National Stores
9
24
5 ¥4
5
Mfg Co.
preferred
4%%
49% Mar 16
2iy4
23
Carpet Co
No par
Flintkote Co (The) common—No par
7
Jan
May
May
29%
23
5
com
Fidelity Phen Fire Ins N. Y
Firestone Tire & Rubber com
29
107% Jun
1
103% Nov 18
107% Aug
62 y2 Dec
29 ¥2
23%
100
Ferro Enamel Corp
42
31% May 14
38
29%
5¥a
No par
^Federated Dcpt Store-s
4%% preferred —
19
97 Yz
38%
38
29 ¥2
•23
1
2
5,
Fedders-Qulgan Corp
Federal Mining & Smelting Co
20% May 22
5% Nov 30
Feb
Morse
37%
37%
Fajardo Sugar Co of Porto Rico__20
Faistalf Brewing Corp
1
Farnsworth Televis'n & Rad Corp__l
37
20
32
No par
& Co
30
X19% Nov 30
Jan
31%
22
22
79
•78
100
78%
7
*6%
G
'
8%
Dec
17%
Feb
6% Nov 30
10% May 21
5% May
18% Jun
10%
Oct
6% Dec
2
10% May 22
21
Jan
17% Nov
9
20
Jan
10
9
12
Aug 19
Nov
May
14% May
4% July
27
16% Nov 30
9%
Feb
26% Aug
14 y4 May
10% May
100
Nov
48
Apr
X101
Dec
9%
Oct
149'/4
Dec
43 %
Feb
23%
Dec
28
Oct
11% Feb
99% Mar 24
Oct
102
14%
Feb
37
Sep
23%
9
Dec
33
160
Jan
May
39%
July 14
Jun
18% Sep
24
Jan
2
9
144
Jan
28
43
Aug
16% Mar
87% Nov
Dec
May
54% July
40% Feb
Dec
45% Jan
131 %
X122
Feb
Feb
44% July 15
24
Nov
Dec
103
21
31% Mar 11
X125
Feb
Dec
Dec
3
15
10%
100
1
82
87
123
May 12
11% July 13
3
34%
43
63% May 15
72% Sep 23
28% Nov 30
Feb
Dec
32
Nov
34
9
Mar 19
118% Feb
97
9
Mar 13
Feb
13
Highest
J per share
65% Feb
120%
Dec
129.
^4
Dec
107%
13% May
18% Oct
13%
Dec
2% May
11% Dec
19
May
125
Oct
19%
Mar
Sep
Jan
119
41 ¥4
13%
*12 ¥4
13%
*13 ¥4
13%
*13 Va
13 ¥2
16%
16 %
16¥a
16 %
16 3/4
163/4
17 Va
17 Va
1,100
1
5%
5%
5%
5%
5%
5¥a
5%
5%
5%
Inc
com
50
1.66%
14
2% Feb
11
13
19
Nov
9
Sep
15
17
Foods
Corp
com
$3.50 preferred
17% May
85
Dec
22%
Dec
51% May
5 % May
104%
21
Jun
Dec
49
Jun
99%
Dec
41%
Dec
95
Dec
30% May
2
19 % Nov
30
30
Nov
3
90
80
6
101% Oct
15
Jun
17
May 12
72% Jan
23
82% May 19
36%
Dec
27% Feb
13
39% May 21
105%
Jan
89
15
96% Jun
103
26%
17% Nov 30
77
Dec
2
10
28
27
55% July
Sep
124
Oct
33
Feb
61%
4
113
Mar
1.
Mar 10
15% Dec
3
85% Jiln
3
May 18
6% Oct
122
2
May 15
39% NOV
48% Feb
Feb
71%
25
Jan
7
106
Nov
Nov
58
Cement
Portland
General
Utilities
Public
Gen
3
May
5%
Dec
Nov
6
28
1
24% May 17
Feb
47% Mar 16
64% Oct
July
94% Mar 11
103 Ya Aug
11
Feb
38% Mar 17
50% Oct
23
109
Aug
96% Mar 18
24
Jan
16% Nov
8%
26
105 % Oct
4
26
23% Jun
14
Nov
10
5% Jan
2
5% Feb
Oct
17
8% Apr
23
3
8% Mar
15% Aug 20
12% May
21%
Oct
18
Feb
11
18
35
Oct
Oct
20
22
Dec
33
Jan
23
Nov
30
31
May 26
90
Dec
107
Mar
89
Nov
8
99
Jun
15
.9
May
14% Sep
2
28
Dec
23%
'
12
Dec
34% May
20
Dec
133
Dec
59
May
29%
Oct
14%
Dec
14%
Feb
9% Mar 16
9
July
Dec
3¥4 %
4% May
1
100
Dec
1
Feb
27
Apr
10
77
Jan
27
Green
29% Feb
21
40% Jun
9
Green
13% Sep
24
17% May 17
145% Jun
17
7%
L)
Dec
10
Feb
5
13% May 17
Feb
91
Nov
9
98
8%
Jan
5% Mar
9
95
Dec
85
Feb
7
14%
Feb
12% Nov
24
31% May
51--
Dec
44
10
57%
Apr
76%
13%
Dec
Dec
16% Sep
For footnotes see page
Feb
57% Feb
14
28.
Jan
10
■
2
Jun
4
25% July 12
_
9
97
Jun
14
July 21
20% Jun
23
58% Jun
18
Jun
21
81
18% July
9
$5
conv
Gulf
Sugar common
& Ohio
RR
preferred
Oil
x24 % " 25 '
13%
3
13%
3
11%
122
96
96
9 per
56%
share
57%
122% 122%
96
¥ 96
57'/4
600
96¥4
96 ¥4
96
96 ¥2
:
*13¥a
13 ¥4
13 ¥a
131/4
1,300
24%
24'/4
24 ¥a
4,500
24%
24%
24%
13%
13%
13%
13'/4
2¥a
3%
3
3%
*3'/a
11%
11
11%
11
46,800
122
122
13%
13%
Shares
577/a
57¥4
57%
122 %
*122
13%
24%
13 ¥4
*13%
I per share
9 per share
24¥4
3'%
28,000
13¥4
3¥4
3%
4,100
3,900
11 Vs
13 ¥a
13%
II
ll¥a
11
4%
24
24 %
*25%
26
125
126%
24%
24¥8
24¥i
24%
♦102
104
3
20
20¥4„
4%
4¥a
24 %
23 ¥4
24%
24
24%
24 ¥4
26
25%
25%
25%
25%
26
126
24 3/4
24%
104
*124
24
*24
*102
-
125
124
124
*123
24 ¥4
X24¥4
25
26'/4
26'A
26%
2,400
1,600
30
123
123
125
2,400
5,166
5
24%
24
24¥a
24¥4
24%
24
¥a
24 ¥a
4,700
25%
*25
25%
25 ¥4
26¥a
25 ¥»
26¥4
1,000
104
*102
104
104
*102
104
*102
19%
20
19%
19 ¥4
19 ¥a
19 ¥4
20%
20
20¥a
3,800
20
*81%
84%
*81%
84%
*81¥2
84¥2
81 ¥2
20
83
811/2
83
83
76
*72
76
*72
76
*72
76
*72
76
33 ¥a
32 ¥4
33¥4
90%
91%
91¥a
600
17%
18 ¥a
18
18 '/a
7,200
80%
*77
79
77
77
20%
*20¥a
20%
20 ¥a
20%
20 ¥a
20
50%
*49%
50 %
*49 ¥2
50¥4
49'%
49 ¥2
200
51/2
1,400
32%
32%
90
89%
90
17%
18%
17%
177/a
*77
20%
*49%
50%
5%
50%
5¥4
5¥a
5%
118
5%
118
5%
119
5%
*116%
*5'/4
5¥a
119
*116%
119
2,300
30
15%
15¥a
15 %
157/a
15 ¥4
15¥a
15%
15 ¥1
3,800
597/a
58
59 %
58 %
59 ¥a
591%
59 ¥4
59¥4
59 ¥4
3,900
102
41%
101%
101 ¥4
1011/4
101 ¥4
900
101
41 ¥a
10,900
59%
102
41%
102
41 ¥3
397/a
40 ¥4
41%
101
100%
-
„
100 Ya
100%
100%
100%
Xl6%
16%
16%
16%
16%
3%
6%
3
3%
3
3¥a
6%
6%
6%
6 ¥2
3
6%
*33-
14¥a
5%
100
¥2
16
36
*14 Ya
*49%
*116%
80'/a
*77'/2
118
*16%
74
35¥a
20%
17%
15%
16¥a
28%
23¥4
91%
ll7/8
14¥4
*77
32%
*89
*116%
120
3%
6%
80%
20
4.000
32 7/a
90 ¥4
177/a
32"%
90
20
76
*72
33%
32%
91
18%
80%
20
90 ¥4
32
*71
35¥a
,
700
277/a
23¥b
91%
ll¥a
14¥a
16 %
101
101
40 ¥4
40 ¥4
41¥a
16%
900
16 ¥2
3
1,000
3¥a
16%
16 ¥2
3y8
3
♦6 ¥2
100
100
100 ¥4
*100
28,800
800
6 ¥4
6 ¥2
6 ¥2
16¥a
100
16%
277/e
23¥4
92%
*16%
16¥a
16¥a
16¥a
*16 ¥4
16%
•16%
*28
28 ¥a
28 ¥4
29¥4
x28 %
29¥4
29'/4
29»/4
1,200
23 ¥«
23 ¥a
23 ¥4
23%
24¥4
1,800
*92
94
*92
94
94
94
ll¥4
*11 ¥8
12
*ll7/a
12
ll7/a
H7/a
*35
36
35
35
*33
34¥a
*32¥2
14%
4H/2
14¥a
14¥a
14 ¥a
147/«
14¥a
14%
40%
41%
4l¥a
41 ¥4
40%
42 *
5,300
18¥a
18
18 ¥a
18
18
3,400
36
147/a
42
41%
18%
18%
1377/a 138
*71
74
35¥a
35%
14
14%
23
14¥a
40 %
18%
23 ¥4
13%
23%
18
92
*11¥4
'
93
220
12
500
341/8
500
3,100
60
138
138
*117
119
*137
139
*137
139
*71
74
*71
74
*71
74
*71
74
*35 ¥2
36
35¥2
357/8
36'/4
36%
36 ¥»
14
137/a
14 ¥a
*13%
141/2
13%
13%
1,400
10%
10%
107/a
10¥a
107/a
19,800
14
36
1,606
10%
10¥a
10%
10%
10¥a
92
92
*91'%
92 ¥2
10
*90 ¥2
16%
17
17
177/a
18%
19«/4
7,300
18
19
177/a
17%
18 ¥a
10
92
177/a
92
91
*90%
*90%
91
100
Corp
preferred—
Gulf Mobile
$5
100
100
57/a
57/a
6
5 ¥»
5 ¥4
2,100
♦93¥.
94
3
Guantanamo
13%
122
—
preferred
Aircraft
*13%
,
96
57 %
Sales for
the Week
19%
413/4
42
*18%
18%
*136
138
_1
Common
4%%
Grumman
*95%
122
I per share
56
Dec. %
1251/2
*16%
& Die Corp„No par
(The)
122
58%
Friday
Dec. 3
Thursday
Dec. 1
4 ¥4
*14%
Co Inc
Corp
*102
19 '/a
_No par
Bay & Western RR
(H
200
105%
*122¥2
Prop—No par
preferred
Greenfield Tap
180
105
♦102
4%
*6%
6% pfd
No par
Great Western Sugar com—-No par
60
1,900
123 ¥2
122%
125 ¥2
-
Gt Northern Ry
132
2,ioo
50'A
122%
9¥a
4¥a
*27¥a
23¥4
*90%
*ll¥a
*32
:
9 per share
3%
59¥a
102%
42%
100%
16%,
16¥a
,
No par
Grant (W T)
Co common
5
3¥4% preferred
1
100
Grayson-Robinson Stores com
1
Feb
10%
'49 ¥2
9%
122
Wednesday
Nov. 30
57%
59%
City Steel
Ore
Tuesday
Nov.JJ»
*102
41¥a
*100
No par
No par
$2.25 conv pfd
Monday
16% "16%
Graham-Paige Motors
1
Granby Consol M S & P
—5
Grand Union Co (The) new——10
Jan
92 ¥2
Lh91
50
*122 ¥2
No par
com
preferred
50% May 15
23% Jun
1
9¥2
49 ¥4
4 ¥4
10
Gotham Hosiery
11
92%
*91
30,400
7,200
20%
No par
36% Feb
38%
39
125%
*77
20
M9%
*5%
*116%
—
preferred
Feb
July 14
38 ¥a
38
*4¥a
18%
No par
No par
50
Inc
49%
40
37¥a
20%
31¥4
Goodyear Tire & Rub com—No par
Granite
*128 ¥2
38¥4
39
*122%
5
Gold & Stock Telegraph Co
$5
50
130
128%
377/a
1281%
4¥a
*90
preferred
(The) com
conv preferred
(B F)
1,400
20%
com—No par
No par
Goebel Brewing Co
$5
19 %
125%
*80
*72
Glidden Co
Goodrich Co
1,600
19%
x20%
100
100
Gt Northern Iron
6% May
May
5
Gimbel Brothers common
Goodall-Sanford
29¥4
*122%
*24%
$5 conv preference—
4%%
220
29¥2
29%
22%
243/4
Gillette Safety Razor
$4.50
9 ¥4
74¥2
97/a
75
125 Ya
24%
20
preferred
preferred
4% %
6.900
9%
74'/2
20
9¥a
75
107
*103
1,100
21%
*102
19¥8
15% May 21
16% Nov 30
78
123
105 Ya
50
10%
♦123%
100
19
12
122%
105 Ye
9%
10
162
22
22
*123
125
*4%
4¥a
Instr Corp com—-No par
29
105%
121%
105
i
38%
.
10%
11%
11%
No par
preferred
Greyhound
92
121%
105
37 ¥a
*158
10 ¥2
3,600
2,400
10
97/a
10
162
10 ¥2
11%
5
Corp
Gen Tire & Rubber Co com
12% Jan
35% Aug
21% Mar
123
25¥a
*125
Feb
18
Mar 27
97/a
♦158
124
*122
1334
Castings $6 pfd—-No par
Sep
27% Mar
49 ¥4
25
*3
*25
37%
70
49%
13%
1
17
163%
49 ¥a
107
130
95
49%
fn3%', 13¥4
t
10c
Refractories—
Time
37%
*49 Ya
122%
95s/,,
Signal com
-No par
preferred
100
Realty & Utilities——
10c
4%%
,
*91
49%
*122%
95%
No par
General Telephone Corp
Gen
95
9%
57¥a
6%
Gen
38
37%
*91
9%
57%
No par
Co
1
Public Service—
'
13% May
95
9%
No par
No par
$3.75 series
Gen Outdoor Advertising
Gen Steel
Feb
37%
9%
9 per share
Gen Railway
98% Apr
9%
76
76
76%
9%
10
com
29
29% May 18
9¥a
9%
9%
9%
Nsv. 27
Preferred
23
30
37%
•90 '
95
129
37%
37
gaturday
preferred
$5
132% Oct
Dec
38
*121%
•104V«
Par
13
23% Aug 11
22% Feb 11
10%
LOW AND HIGH SALE PBICES
Motors Corp
General
110% Feb
90
128%
37%
38
STOCK
YOEK
General Shoe Corp
23% May
19%
19%
132
37%
100
100
preferred
conv preferred
Gen
6% May 24
10%
104 ¥2
37 Ya
General
4% Mar 11
10%
10 ¥a
♦101
*101
*128%
Gen Precision Equip Corp
29
9%
159%
104 ¥2
37 %
4% May 21
15% Jun 24
May 18
104
9¥a
159%
46 ¥4
128%
18% May 27
128% Jan
*101%
9%
159 '/a
46
60
104 ¥2"
46%
104
36 ¥1
*19
*129
No par
Electric Co
tper share
99% Jun
104
9¥a
*103%
46
104
128%
com—_No par
100
preferred
EXCHANGE
17
120
Feb
10%
101 %
*157
46 ¥4
19%
General Cigar Co Inc
12
98
9%
159
10%
11
103%
45%
20
14
Nov
9%
•157
*
105
*104
46
29'/4
31% Jan
81
•100%
9%
105
45 ¥a
46%
46
45%
*104
19 ¥s
NEW
93% Feb
Feb
Jan
105
•104
29%
30% Jun
108
3,700
15%
15%
15%
15%
105
19%
15
Dec
16
28%
11
85
153/4
19%
Highest
Feb
Feb
157/a
28%
3%%
Nov
Apr
40% Feb
153/a
19
22% Feb
30
15%
155/a
28%
5%
II
106
1,000
5,000
15 %
28%
24% Nov
Apr
167/a
♦28
2
20
Dec
163/4
29%
3
Nov
19%
167/a
*28%
Oct
21% May
16 3/4
50
108
26
95
16%
76
128% Jun
16% Feb
Jan
16 ¥4
9%
49 %
12% Nov 24
35%
17%
77%
Feb
Apr
27¥a
xl63/4
9 Ya
6%
Dec
*26%
17%
*76%
36% Jan
124% Jan
26%
29%
17%
159
No par
1
29 ¥2
*27%
103%
General Mills common
1
29
17%
<-157
*10%
25
Nov
29%
29%
*100%
*9¥2
Oct
,
6,600
29 ¥4
9%
29%
101%
,
5%
28
57/a
6
28
77%
3% May
May
17%
41
41
41
41
9%
Corp.
18% May
26
*28
»89
9%
125% Jun
Feb
31%
41%
*12%
16%
No par
No par
1
26
140
41 ¥4
13%
General Instrument Corp
7
900
*76V4
General
Oct
600
16%
2
66
10
42
100
10
I per share
10
42
No par
25
50% Mar 16
10
42
*12%
1st
7%
17¥a
*9%
42
16%
17
Lowest
17%
10
13%
Jun
Jun
17"%
com
4%
Jun
53
*9¥a
*16 ¥2
13% Jun
8
*17%
preferred
4% conv 2nd preferred
General Cable
96
20% Dec
Jan
10
15%
41
10
16%
17%
10
*104
45%
General
17% Jun
Feb
17'%
10 '/a
preferred
—.—100
General Amer
Transportation
5
$4.25 pfd series A
No par
General Baking Co common
5
$8 preferred
;
No par
General Bronze Corp
5
May 27
12% Mar 17
4%
17%
10'/a
$4.50
Bange since Jan. 1
51% Jan
*17%
STOCKS
Year 1947
9 per share
17%
101/4
%
*13
preferred
Bange for Previous
Lowest
-
17%
10%
*40%
General American Investors com—1
30
14% May
7%
No par
Co_
Industries
conv
7%.
7%
—No par
(The)
Gaylord Container Corp„
4
159% Dec,
Wood
4%%
May 20
26% May
106
1
9% Mar 17
83% July
47% Feb
137
28
Apr
45
105% Jun
6
8% Feb
146
Gar
18% May 15
100% Jan
Feb
July
Jan
Apr
13
43% Nov 10
Dec
13%
185
18%
May
1
30
Jan
Dec
8
Dec
xl6% Nov
16
58%
Gardner-Denver
9% May 20
109
11
71
11
Gamewell
23 Ya Jun
Co
6%
7
7%
20
5
50
6% preferred
Gamble-Skogmo Inc com
5% conv preferred
16
6¥a
7%
*6%
1
com
17% July 21
9
12% Feb
Dec
5% Feb
(The)
Gair Co Inc (Robert)
5
7
1
Co
48% Aug 19
Nov
17% Feb
22 y4
39
12 %
Gabriel
Corp
Gulf States Utilities Co
1
—No par
com.No par
No par
25
No par
...
6
*93%
123/4
46%
657/a
16¥4
6
95
13
47%
66 %
167/a
5%
♦93%-
10%
10%
6
57/a
95
*93'/4
57/a
14
14 ¥a
14 ¥a
13 ¥4
94¥2
14 ¥a
48
48
48 ¥2
49 ¥.
49%
493/4
,1,200
65 ¥4
66 ¥*
68
66
¥2
68 ¥4
67%
68 ¥a
i5,900
167/a
16%
16%
16 ¥2
16%
16 ¥a
16%
'5,500
95
13
13%
12 ¥a
13¥4
47%
47%
48
48
65¥2
16%
65%
16%
66%
16 ¥4
57/a
*91
*93i/2
13%
95
»93'/4
14,166
'
22
COMMERCIAL
THE
(2338)
YORK
NEW
STOCK
Saturday
Monday
$ per
S per share
LOW
EXCHANGE
Highest
Lowest
Highest
t per share
share
8 per share
AND
HIGH
SALE
Dec. 1
Dec. 2
S per
t per share
$ per share
the Week
Dec. 3
S per
share
for
Sales
Friday
Thursday
Nov. 30
$ per share
t
PRICES
Wednesday
Tuesday
Nov. ZU
.
Par
Monday, December 6, 1948
RECORD
STOCK
YORK
NEW
Range since Jan. 1
Year 11)47
f pet share
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
Shares
share
H
32 Va
10
35 % Oct
15
Hackensack
22 */4 Sep
15
Halliburton
Oil
15% Nov
14
jun
13
Dec
19 %
12 Va Nov
10
2
Hall
18 % May 22
12^8 Dec
Feb
Jan
19
xl4% May 21
89
Jan
Jun
4%
16
87%
Dec
112
Feb
102 »/2
Dec
108%
Sep
Xl01% Feb
10
Dec
21'/a Feb
24
27% Jun
9
Jan
146 Va July 30
150% Jan
28
Jan
22% Nov 30
19 Va
Apr
148%
Oct
28 % May
.6'/4 May
75%
Dec
27%
160
39%
%
Feb
5% Nov
Apr
62 Va Dec
34 %
3
10
Feb
6% Feb
9%
Oct
6% Feb
11
Dec
35%
Jan
6
May
25
12
26 Va Jan
27% July 12
30%
Jan
Dec
103%
Apr
78
Jan
27
91
Jun
May
42%
Feb
33 Va Dec
2
42
Jan
X05
Dec
July
95 Va Jan
23
103
22% Nov
17
108
35
38 % Oct
1
13% NOV
10
22 %
Feb
43 % NOV
10
57% Apr
Dec
134
Mar
Feb
21
25% Oct
16
38
Sep
134
Sep
20
Sep
29%
114.
Mar 22
Nov
17
Jan
Oct
x9% Nov
17
——100
Schaffner
&
2
-10
Marx—-
Jun
14%
Dec
14% Jan
2
37
26
Jun
33
Dec
Jun
1
22%
Apr
x29 %
Nov
12% Nov 30
25% Jab
2
29% May 20
28
1
Mar
Jan
21 % Feb '
14% May
20%
Oct
10
Nov
30
17
25
Jan
15% Feb
14
30% Jun
25% Nov
12
29% Oct
May
31%
5
18% May 17
28
3.65%
8%
8
8
8Va
8
W»
7%
preferred
new__25
'28
*16%
Inc
-5
:
Hlnde
&
Hires
Co
Dauch
(C
Homestake
Jan
48
Jun
29 Va
Nov. 22
42% Feb
24
Nov
36
Dec
24% Nov 26
35% Jun
1
Hooker
19%
Feb
11% Nov 22
18% Jun
9
Houdaille-Hershey
56
Feb
Dec
32
Nov
18
46 Va Jan
14
28 %
Jan
Oct
27
Nov
10
34% Jan
2
85
Dec
105%
Sep
81
Oct
19
94% Jun
7
37 Va May
45%
Jun
38
Mar 12
Oct
25
Houston
16%
Jan
28%
Dec
20% Feb
11
38% Jun
10
Houston
Oil of
20%
Dec
29
Feb
14% Dec
3
23
Jun
7
Howard
Jan
31
47
Jun
9
3% Sep
8% Sep
29
7
31% May
3
May
7% May
33
May
38% Mar
7% Feb
13% Mar
43% Feb
12% May
21'/a
Oct
15% May
3% May
30
Jan
—
7%
—
Feb
33
Mat 6
'14% May 3
50
Nov
4
22% Jun 14
28
34% Jan 20
12% Nov 26
11% Dec
2
2% Nov 30
12% Sep
—
Apr
19
5
8
May 17
14% Jun 16
27
Highest
f per share
Sper share
S per share
*97%
98 Va
*97%
98%
23 %
*22%
23%
35
*34
35
97%
24
x23 Va
*34
*13%
14
13%
14
43 Va
44
43%
44%
*121%
123
123
28%
28
117 Va
*117
17 %
..
*78
119
6,700
40
125
*123
28
27%
27%
800
120
117%
117%
80
1,700
18 %
18%
2,700
78%
78%'
9%
9%
18%
18%
*78
78%
18'/a
18%
78%
18%
18%
18%
*78
43%
43%
,
900
14
14
14
44%
125
60
35
2.900
28
V
18
17%
18%
78%
*34
600
23
*118
27%
27%
118%
17%
18
13%
44%
*123
124
123
28
*78
78%
*34
118%
17%
17%
18
17%
18
35
23
18%
r
32%
<33
9%
9%
22%
31%
31%
14
12%
12 Va
25%
25 Va
*9%
■v
9%
10
50
9%
400
30
30
x30
30
12%
13
13
12%
13
26 Va
26%
26%
26%
26%
32%
*31
3,300
25%
12
10
10%
10
10
10
10 Va
*10
11%
20%
20 Ve
20%
20%
21%
21%
21Ve
*20%
21
2,400
27
27
27
27
27
27
27
27 Ve
*27
27%
1,100
x31
31%
6,600
30%
30'/a
30%
31
26
25%
25%
11%
50
t
27
26
1
5
—No par
v
*13
13%
27
—12.50
Co
com
11%
11%
11%
*32%
33
i
-
600
31
31%
32
26%
27
27
27%
27%
900
11%
-
32
26%
11%
11%
12%
12
12Va
12
12 V8
4,600
32%
'
31%
26
32%
32
32 %
32%
32%
600
*28
23%
28%
1,000
28
28
28
28
84%
84%
84%
84%
84%
46%
,31%
28 V2
84
32%
32%
28 Va
28%
*28%
84%
,
84%
"
*45%.
;
84%
84%
84
550
84
"
*
45%
45%
45%
45%
46
46
45%
45%
45%
45%
1,200
27%
28
27%
28
28
28%
23 Va
29 Va
29%
29%
28%
29%
8,200
1
*15%
15%
15%
15%
15
15 y4
*14%
15%
15
15
14%
15%
5
41%
41%
40%
41%
41
41
41%
42 V4
42
42%.
42
42%
1,900
1,700
6%
6%
6%
6%
6%
6%
6%
11%, 11%
6.66%
11%
11%
11%
11%
11%
46%
46%
46%
46%
12%
12%
13 Ve
12%
46%
12%
46%
12%
....11%
11%
11%
*11%
11%
11%
11%
1
2%
'2%
2%
13%
13%
xl3%
.
2%
No par
13%
—
Saturday
Monday
Nov. Zi
Par
HIGH
SALE
t per
7"
6%
29,600
7
.12
12Ve
12
12
47
47%
47
47%
13%
13%"
13
13%
11%
11%
47%
"
2,000
3,800
12,000-
11%
11%
11%
1,200
2%
2%
7,000
12%
2%
13%
2%
12%
2%
1 13
13%
2,400
PRICES
Dec. Z
Dec. 1
$ per
Friday
Thursday
Wednesday
share
'
6%
13%
13
Nov. 30
; $ per share
,
AND
*
12
.
2%
13%
Tuesday
Nov.»,)
S per share
2%
2%
13
LOW
STOCK
EXCHANGE
S per share
"*
6%
46%
12%'
—No par
—
26 Ve
900
3.700
26
.
32%
*32
26 Ve I
28
\
12%
25
c
Hussman Refrigerator Co
YORK
9% ;
20%
30
Texas
Corp
9%
9%
*11%
Hunt Foods Inc__:
NEW
98
97
Va
25%
Motor Car—
Highest
33%
85
-20Ve
Hudson & Manhattan common—100
5% non-cum preferred—
100
Hudson Bay Min & Sm Ltd—No par-
Range since Jan. 1
Lowest
*32%
13%
STOCKS
Year 1947
84%
33%
33%
'12%
preferred —*
100
Light & Power—_No par
Range for Previous
Lowest
*82
33%
33%
20>/a
Corp
—
Sound Co.————,
Hupp
*83
*21
,*11%
preferred-.
conv
Hifdson
85'/a
*83
44%
117 Ve
78%
9%
*32 Va
♦.*—10f
Household Finance com——,No par
Howe
22%
21%
21 Ve
13%
Stores
49
21%
*21
25%
Mining—
44
3%%
21%
22%
——_5
Electrochemical
$2.25
21 Ve
21V4
5
preferred
conv
1,500
21
22%
1
—
Co
Corp_l
Holly Sugar
6%
Co
The—
& Sons
(A)
5,
10
—
Paper
E)
Furnace
Hollander
1,500
21
35
*121%
*27%
18
18
21%
21%
20%
8%
'
Hilton Hotels Corp. —
Holland
*
118%
*78
7,000
8%
13%
123
Hewitt-Robins
8%
8%
43%
35
28
1,400
8
23%
118%
80
*7%
8
8
8
97
Hershey Chocolate com——No par
$4 conv preference
No par
64
8
24%
*121%
5%
62 Va
7%
98
*34%
3%
64%
8
*97
500
5%
*5%
64%
8
85 Va
1.000
23%
5%
64 Va
*5%
63
7%
22%
20
148
23%
23Ve
23 Ve
23%
*147
148
*147
143
30
2,700
23%
23
23%
8
20%
23%
105
23
22%
*23
5%
65
34%
23%
*34%
Chemical Corp
*
1
cum preferred—,--—100
104
34
100
3%%
*103%
*83
14
Heyden
*103%
85%
43%
^—
80
104
35
14
preferred
80
104
*83
43%
b%,
13
81
*34
No par
common
12%
*80 Va
98
23%
——No par,-
Motors—
Hercules Powder
12%
80%
85Va
*97
_10
new
12%
80%
34%
34%
100
common
non-cum
Hercules
*83
12%
7%
Ve
500
13%
*12%
5%
*63
8
600
*13
22%
22%
5%
8%
25
preferred
(G
Helme
*147
64
*8Va
Co
Co common
21%
23%
*5%
*62 Va
u.100
(H J)
35%
36
5 Va
64
preferred
3%%
Heinz
Glass
*22%
23
5 %
*62 Va
7,000
12%
12%
143
1
2
Mfg Corp
30
13% May
'147
*147
22%
25
21% May
148
152
23
,-100
»
10%
*147
200
17%
13 Ve
*13
13
13 Va
*13
22 V4
20%
6
.28% May 20
86 Va JUtl 25
7
78
*22
22
22%
May 21
27% Jan
13
17% Nov 29
22
22%
21
30% Apr 10
123% July 27
Dec
Oct
104
*22Ve
128% Feb .2
121
104
*20%
29
Feb
63
118
29%
Nov
22%
Sep
14% May
80%
126
30
80
105
5
May 28
24 % NOV
80
*104
15
2
May
*22Va
Corp of Amer class A———-1
Hazel-Atlas
81
Hecht Co common
25
35
22
90
com__No par
Refrac
4Va%
5
28
12%
*80
105
preferred
Hayes Industries Inc—
20% Oct
13%
*12%
*104
Hat
Hayes
13%
*12%,
-
xl3
31%
17%
18%
17%
18%
31%
33
*31%
33
13
18 Ve
18
14
*31%
32%
*31%
'12%
*13
81
5
11
18%
*80
preferred
Hart
31%
18 Ve
Co $4.25 pfd__No par
(M A)
6%
5
com——No par
31%
18%
18%"
100
Harbison-Walk
11% Jun 10
Mar 10
X20
Printing Co—
32%
*31%
Cementing__5
4
Jan
10% Jun
11
-4% May
79
Well
preferred
conv
Hanna
May 15
7% Jun
27
100 Va
Ft
(W
Hamilton Watch Co
12
107
Mar 22
79
25
Water
9
Feb
31
Jan
39
Dec
$ per
share
.
the Week
Shares
t per share
share
for
Sales
Dec. 3
v
30
May
39 Va
18 Ve
May
32%
Dec
27% Mar 16
42% July 14
37% May
64%
Dec
62% Feb
90
Aug
30 Ve Apr
35% Jun
27
11
24
Idaho
6%
July 13
Jan
97
Aug
95% Mar 16
97% May 17
Leased
15
Jan
26%
Dec
24% Jan
37% July 12
RR
May
lf%
Dec
26% Aug 11
~7%
x21
12 Va
Dec
30 Ve
9% Feb
17
Dec
169
Dec
33
Apr
12 Ve May
6 Va Sep
180%
42
Feb
9
15% Jan
28
56
150
Oct
17%
8 Ve
Feb
Feb
6% Feb
14 Ve Nov
100%
11
3
11
Jun
25
47% Nov
10
15 Ve Feb
Jun
76% Jun
1
160
34% Mar 10
Nov
f
May
9% May
6
Dec
Nov
20
Feb
1% Nov
12
3% May 18
11 Ve Feb
11
16% May 24
10
May
Oct
103
155
9 % Jun
24
38% Jun
9
93'
3
Jan
74
9
3%
Dec
5%
Feb
3 Ve Mar 16
Dec
36%
Feb
24% Mar 16
94%
Dec
107 »/e
Sep
9
May
16
104
Dec
116
Jan
Feb
23
139% July
64% Jun
2
42% Mar 17
Feb
Jun
5% May 20
34 Va Oct
99
28
6% Nov 24
*
14
4%
preferred
2
International
July 22
May 20
$4
68 % Nov
30
58%
Feb
52% Jan
24
64
Jun
2
International
37%
Jan
45
Dec
39% Nov 22
45
Jan
12
International
63%
Oct
43
40 % May
32
9 Va
Jun
May
9% May
19
40
Feb
17%
Feb
17%
26%
8% Nov
Feb
Oct
8%
Jun
19%
Dec
80%
Dec
39% May
158
13%
Aug
53
Jan
29
'■
24
16% Jun
10
May 27
Jacobs
104%
Sep
89% Oct
27
46 Va
Oct
33% Sep
20
42*4 Jun
11
Dec
125%
Oct
100% Feb
11
113% Jun
Sep
34 Va
July
20% Feb
19
24%
98
Dec
112
Jan
145
Dec
151
Dec
.27% May
39
Feb
99% Oct
145
Jan
May11
35
28
OCt
28
106
158
Jun
29% Mar 16
86%
Dec
101%
Feb
83% Feb
6
25 Va
Jan
40%
Oct
30% Nov
3
11
39% Oct
23
93% Apr
16
43% Jun
•
1
3Va%
62
62%
62 Va
62%
160
155
39%
18%
18 Va
18 %
8
8 Ve
14%
93
14%
94 %
93
1%
12%
148%
147%
"
27%
165%
26%
.
5%
164
5%
26%
80
27 Va
*70
•
5%
•
26%
80
*70
3%
3%
3%
3%
30 Va
29%
30 %
29%
138%
138%
137%
137%
137%
*6%
7
69%
148%
6%
69%
6%
6%
5%
53/8
*83%
86
*44
44 %
36%
'
36%
108
*99
*153
151
27%
110
1,100
4,400
53
*165 V4
165%
1,100
17,300
310
5%
5%
5%
5%
5%
3.000
27%
27%
27%
27%
27%
3,900
*71
80
80
*71
77
3%
3%
3%
3%
6,100
*
29%
30%
28%
30%
21,400
137%
*137%
138%
137%
137%
3%
"
30
52
51 Va
*92%
94
52%
94
51V4
*93
7Va
20,909
94
200
7
3,200
7
*68
70
*68
70
59
59%
*57
59%
200
39%
39%
40
40 Va
40
40%
1,500
.53
53%
55
56
56%
56
56 %
*33%
34
6%
34
8%
9
9 Va
9
9
*58
*33%
34
7
130
52
6%
*33%
*29
20
*19%
25%
*23%
32 Va
32 V2
*33%
34
200
900
200
;
sy4
9
9%
43,700
9
9Va
*9 V<
9%
9%
9%
3,400
20
20
*19%
25%
26
26
*26
"
34
34
33
: 33
1,200
*141
148
*142
145
10
33
*33
34
145
*141
148
5Va
5%
19%
*18%
*83
84%
84%
44
44%
*44%
*92%
37
36%
108
*105%
29%
*99
*153
5Va
93%
29Va
20
19%
25%
19%
2574
32
*18%
44 %
36%
"
9%
86
%
107
3o
9 Va
53,^
*92%
100%
160
'
.
9%
19%
*83%
44
9
145
145
30
93%
*93
37%
107
30
37%
*
105 Va
29%
5%
-
-
5V4
5%
5%.
700
300
3,700
*18%
46
18%
18%
84%
83%
83%
250
*44%
84%
19%
83%
20
46%
44 %
46%
800
*93
94
37%
38V4
107
5%
20
26%
*105
30
30%
94
38%
107
30
*
93V4
37V4
105
30
500
931/4
30
37%
5,700
105
400
30
1,300
100%
99
99
*98
100
99
99
99
99
~
*153
160
*153
160
*153
160
*153
160
160
31%
3i3/4
*85%
86%
;__1
Co
27
2
13%
69%
9 Va
19
*92%" 93%
33%
33%
32%
33Vb
10
*13%
13%
*13%
13%
1
151
93
59%
8%
*138
20
*107
'
20
145
*19
100
34
.
*24%
26
Chicago RR stamped. —100
Jones & Laughlin Steel com—No par
5% preferred series Aj.
100
Manufacturing
2C Va
>
33%
*138
&
152
27%
68%
68%
8%
.
9
33%
No par
54%
34
-
26
1
68%
54
9 Va
20 Va
Corp com—rNo par
preferred
1,100
Johnson
55
9
No par
2
12%
'
9
pfd__100
*92%
2
13%
165%
49%
40
—
152
94
27 Vt
*92%
6%
*39%
1
2
164%
137%
50 Va
40
No par
1,400
4.100
27%
3%
94
*39%
34
7%
14%
165%
29%
137%
40
*33%
7%
13V»
151
-*70
3%
30
40
_25
4,300
5Va
59%
*
8,500
17%
26%
-
80
*57
*54%
10
41%" '
•
13%
26%
5 V4
27
60
25
17%
8 Vs
165%
165%
69
_No par
Co—
150
27
159
39%
.
14%
*92%
2
13%
12%
*153
17%
2,500
14%
8
2
1%
13
39%
17%
2.900
'
5%
30
8
159
39%
93
*93
1%
26%
lf>3
'
*
14%
69
—
600
.
*7%
8 Va
13 Va
.165%
17%
14%
1%
*147
xl7Vs
*
39%
•
14%
'•
12%
148%
39
8%
15
93
2
13Va
*3%
38%
18%
>
39%
159
*153
155
39 Va
8
*70
•
2nd preferred series A
Joy
62
27
12 Va
4%
61
27%
common
Joliet
61%
*155
18%
5%
preferred—'—100
Johnson &
May 21
29
3%%
61
39
27
Johns Manvllle
.
62
4,600
8Va
42%.
*57
Jewel Tea Co Inc com—
9
99
*7%
41%
.—No par
Jersey Cent Pwr & Lt i%
Dec
7%
42%
60
Jaeger Machine Co
Jun
7%
42%
*57
Stores
20%
20%
7%
42%
No par
ctfs.
20%
7%
42%
49%
—^
20 Va
7%
42%
*92%
common
21
7%
92%
14
89
20%
9%
42%
52 Va
30
May 28
20%
9%
43
50
23% Jun
48
20%
7%
9%
61
166%
•
100
preferred
21
V.®
7%
9%
42 Va
92%
92% Jan
*
8%
43
93
Shoe
Dept
CNJ 0
21
52
Salt—
share
(F L)
1,200
51%
16
3
6,100
9%
*92%
137 Ve Jan
May 15
39% Feb 18
27%
9%
-No par
Interstate
5% Nov 24
27
9%
27%
Intertype Corp
—
No par
Island Creek Coal common——50c
18 Va Dec
27%
9%
9%
com—15
39% May 20
82
27 Va
*165%
1
35% Jun
$6
27
*147
100
26% May 27
May 25
27
•92%
1
145
27
9%
14%
9
14
27
8
100
preferred—
Foreign
27
7 18%
International Telep & Teleg—No par
24
37
108%
7%
27
9%
39
No par
i
International Silver
.
850
27
13 Va
preferred
5%
26%
14%
Nov
Feb
Feb
16% Jun
17% Mar* 9
24% July
104%
4
22% Mar
29
143% Jan
Mar
29
65% July 12
.35
Mar 31
8% Nov 26
Feb
27%
Apr
20
30
Mar 12
107% Jan
98
*26
60'/a -60%
*155
160
Int'l Rys of Cent Amer com-^No par
Feb
Apr
*96
26%
'
100
Paper Co
preferred
46%
98
26
*1%
a—
200
*96
*8
Canada com—No par
Preferred
1
16,200
85
98
92%
Corp—<
2,900
30 Va
25%
26
100
t
Mining
Int'l Nickel of
32
32
*83
.
25%
42%
Int'l Hydro-Electric 8ys class A—25
Int'l Minerals & Chemical com
5
International
*96
85
25%
5
—
*83
32
25%
*2C%
common-,—No par
preferred—*
83%
25%
—No par
Machine
20 %
83%
25%
No par
Harvester
7%
30%-.
20
25%
*9%
—No par
Rubber
32
29%
32
29
27
—No par
—5
—
Iron
Business
25%
135
Interlake
Int'l
5 Ve Nov 26
23% Feb 11
Oct
Nov
4Va%
Intercontinental
Int'l
Oct
Dec
8
1
Feb
59%
Jan
11
10%
137
98
Corp commonpreferred——
11
34%
130 % July
38% May
*96
Inland Steel Co
174% Jun
96
Feb
98
Inger60ll-Rand common——No par
6% preferred
.—100
x34% Jun
76
-
Co
Power
18
22% May
Dec
*96
31%
32%
83%
,
25%
1000
A__
Interchemical
Mar
160
98
100
—
series
23% May 15
7
Jun
*96
4%__
ctfs
24
15 Ve July
186%
*32
11
20% Nov 30
163
728%
83
Inspiration Consol Copper——20
Insuranshares Ctfs Inc————1
108
92
32
29%
83
21% May 27
8% May 24
125% Feb
Dec
3
'
32%
23%
85
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
Industrial Rayon
—:
1
25 Ve Jun
26
10
58% Nov 24
*31%
28%
Illinois Terminal RR Co—-.
Feb
39
Illinois
32%
28%
*83%
20
r-
3
7% Nov
July
50
May 26
12 Ve Jun
20% Nov 30
Jan
Jan
x35% May
30
11
conv
lines
stock
32%
cohimon_100
pfd fcdr A__100
:
RR Co
non-cum
93
22
Co
Power
Illinois Central
313'
*85
32%
*84%
87
31 %
31
31%
x31%
86%
32%
*84
31%
32
87
32%
33V4
*84
/
33
32%
87
33%
31%
32
60
—
_
—
10,200
*84
87%
33
33%
9,900
1.400
K
14
Jun
94
Dec
22%
Feb
12% Nov
30
21
May 20
98
May 11
Kalamazoo Stove & Furniture
Kansas
108% Mar
x89
Nov
9
3.80%
4%
—
16
May
29%
Dec
23% Feb
11
48
Oct
22
60Va Jun
22
47% May
13% May
58% July
18
Nov
14 % Nov
30
18
20% May
13% Jan
26%
Feb
20% Feb
20
26 Va
21%
Oct
16
29
For footnotes
see
48% Mar 12
page 28.
Nov
22
May 22
July 13
Va July 12
4%
Power & Lt
preferred
non-cum
Kayser
;
City Southern
( Julius)
100
preferred-.
&
Class
B-
100
com__No par
100
*90%
—
93%
*90%
93%
*90%
13
12%
12%
*90%
92
*90%
92
90%
90%
*96%
13%
92
98%
*97
12%
12%
13
97%
*97%
36%
38
37%
381/4
37%
38%
51
51
52%
52%
52%
_
37
36
37
35%
class
*52%
*14%
54
*49
51
*51%
15
Xl4%
15
14V4
14%
14%
14%
*14%
14%
14%
15
A_l
*23%
24
23%
23%
23
23
23
23
23
23
23
23
1
161/4
161/4
16
16 Va
16
16
*16
16%
16%
16%
16 Va
16%
51
*50
10
98V4
36%
■
36%
5
Co
Kelsey Hayes Wheel conv
12%
Co—
preferred
cum
Kansas
1
City
11.400
200
2,300
800
1,000
(
Volume
168
COMMERCIAL
THE
Number 4757
YORK
NEW
Range since Jan. 1
Year 1947
Lowest
t per share
$ per share
$ per share
S per share
27%
Dec
103
116%
Dec
13
607/8 Oct 23
30
51
12% Dec
21%
42 % Feb
40 Va Nov
Jan
1
Feb
11
19
Pet*
Feb
92
Oct
11% Feb
85
Jan
63
May.
38%
Oct
29% Feb
A ig
Mar
14'% Jun
75
2
Jan
Co
Keysto.ie oLtel & Wire Co new No par
Kimberly-Clark Corp com
No par
4%
2nd nreferred
conv
<G R)
Kinney
Co Inc
Koppers
95% July 15
common—
preierred
(S 8) Co
4%
90
Dec
89
Nov
9
34
Jan
40
Oct
32
Feb
13
39% Jun
3
Kresge
45
Jun
59
Feb
45% Feb
16
58% July
8
Kress (S H) & Co—
40 %
Apr
52%
Oct
40% Nov
12
49
Feb
474 Feb
11
102%
Oct
22
674 Oct
4
—
(The)
Kroger Co
—
4174
95
*12
_
40%
.
*13
Dec
55%
t per
5674
55%
56%
21,200
411/4
40%
41%
2,300
1274
13
1274
13
21%
21%
21%
2174
217/a
95V4
*94 %
96
12
*1174
12
211/4
96
12
*94V4
*12%
700
13Va
21%
94%
94%
150
*12%
13
600
*65
13
22
66
96
12
*94 %
*13
x
3,300
60
65%
89
65%
*65*4
65%
65%
65%
65
65%
3174
66%
3174
31%
3174
31%
32%
32
32%
31%
3174
89
89
89
89
89
89
100
3574.
36Va
35%
36
5574
X5374
5474
2,200
1,100
42%
421/4
42%
1,000
*89
90
*89
90 Va
*3574
3674
36%
3674
36
3674
3574
36
55%
55%
*55 '/a
5574
55Va
55 Va
55Va
56
43
43
43
42%
42%
*43
Shares
56%
41%
13'%
12
2174
share
55%
40%
*13
Sales tor
the Week
t per
41
53%
40*4
1374
Friday
2
54%
94 Va
317a
.
.
share
40%
13
89
Dec
1
53%
41
2174
3174
.
S per share
S per share
21%
95
*65%
No par
10
...—100
*—10
No par
No par
54%
1374
2174
Nov. 80
Dec. 3
Thursday
Wednesday
Tuesday
Sper share
55%
*18
1
100
1
Co common
$5 prior preferred
2
23
Land
County
55 Va
41%
No par
5
23
(2339)
SALE PRICES
HIGH
Monday
Nov. &9
*
I
< per share
Par
Kennecott Copper
Kern
37% Oct
8
11
IVOV. XI
"
y
104% July 14
19
25
20
20
16% Oct xo
24
May 24
27
Feb
11% May
65% Jun
Apr
Saturday
EXCHANGE
~~
RECORD
LOW AND
STOCK
YORK
NEW
Highest
Lowest
Highest
52%
STOCK
"•
CHRONICLE
STOCKS
Range for Previous
41% May
FINANCIAL
&
43%
43
*55
42%
3,100
L
474 May
9
7
Dec
10
14
Jan
Dec
20%
44
Jan
1474
Feb
56
Feb
May
491/2
Jun
—
5»/4 Dec
12
20
24
974 Mar 12
Oct
42
5674
Feb
35
30%
Feb
21% Dec
2974 May
1
Apr
93% Dec
3
Feb
11
95
Dec
101
9 %
May
12%
Feb
10
30 %
Jun
44%
Jan
30% Mar
4 *2
47
6
May 18
2 6 74 May 28
Jun 16
99
13% May 22
9
3874 Oct
20
8 % Jun
24
May
87/a
Feb
1% May
-3%
Feb
141/2 May
5% Jun
2574
Feb
9%
Feb
57/a Jan
19
Lambert
5074
Feb
41% Feb
25
56
24
17
Jan
25
2
474 July 12
4%%
9
Sep
12
30
May 20
Feb
16% Feb
20
26% Jun
59%
Feb
43% Dec
2
56 % Jun
1
11
Apr
Nov
29
10% Apr
12
29 % Mar
40%
Oct
31% Mar 16
38% Jan
2
78
96%
Jan
82
Jan
8
May
46% May
8
May
May
169
Dec
191% July
33% May
10
x48
8
Mar 12
157
Oct
Nov
13
Aug
47
May 14
25%
25%
25%
36
*36%
37%
36%
36%
36%
36%
21%
21%
22%
22%
22%
22%
23
cumulative preferred___100
Lehigh Coal & Navigation Co__10
Lehigh
Portland
Cement———_25
*91
95
93%
93 Va
93%
10
3.85%
$3
50c
2nd
pfd—No par
10
85
Jun
14
13% Jan
2
x_No par
20% May 21
687/a Jun
4
Lone
Star
9
30% July 15
Long
Bell Lumber
53~
Dec
17% May
93
29%
Cement
Lorillard
(P)
21% Sep
7
158
Jun
22
25
Nov
4
Louisville
37% Nov
30
50
May 15
Lousville
Feb
Feb
35% May 15
11
Lowenstein
20
92
Mar 17
98% July 14
4%%
17
Nov
5
24% Jan
8
Lukens
MacAndrews
'
*36%
9
70
37%
'37%
37%
100
9%
37%
9%
9Va
9%
9,600
1,300
5,100
16 Va
*68
7074
23%
39%
38%
3874
37%
60%
It
.
23%
38%
%
16%
15%
64
19%
19%
xl97/8
*
23%
23%
23%
*91%
17%
17%
707a
1,600
i"
11,500
18,100
16%
16 34
17Vs
1674
17
15%
64
15%
64%
19%
15 Va
157a
15
15%
64%
6474
65
66
1,700
1974
23
2174
2274
6,700
19%
20
19 3/4
2074
5,300
148%
19%
"
20
20%
1<-.%,F< *
*23
23%
14674
14674
*14674
*23%
23 Va
*23%
23%
400
39J/4
39%
41
39 %
.39%
6,000
23%
93
23%
2374
23 %
2374
4,000
*91 Va
93
18
*1774
18%
38%
23%
*91%
17%
23%
93Va
17%
*69%
,t
xl6%
20%
*91%
'
169
*168
168
6174
23%
18%
2,300
168
40'/a '
23%
93'/a
300
87%
86 Va
86%
86
16
24
23%
9,400
61%
64
23%
874
3474
43%
40
63%
19%
2074
147%
*91%
8,400
8 *8
337/4
16%
63%
19%
20%
147%
*17%
44%
8%
3474
39%
15
100
A
Co
44%
8%
6174
15%
38%'
43%
*33%
16
15
10
series
pfd
Steel
_50
21%
39%
* 16%
16
>-«
16%
xr
*9%
20%
6174
15
*23%
9%
20%
16%
16
70%
16%
;
500
2,600
9%
2,600
9%
20%
400
,
61%
39%
16
.
8%
43%
16%
16%
70%
16%
65
8%
43%
39
60%
39
*19%
193/4
20%
2074
*147 '147%
600
8%
43%
16
60
40
*69
2,400
6,400
23
60%
39%
60
397/8
*63%
& Sons Inc com__l
(M)
Oct
101% Aug
26% Oct
Dec
13% May
Nashville
&
9*9
9
60
15
No par
*36%
37%
2 74
23
*8%
169
169
170
*36%
16%
A__No par
common
r10
:
100
Co
9
170
37%
9%
3974
*69
(Md)
Gas & Elec Co (Ky)
,
86
86
•
60
Corp——No par
preferred
1%
*
9
>
39%
__.___.No par
13
3
34%
*35%
28
10
*337/8
44%
8%
*33"%
85
'
*169"
Nov
Nov
45%
8%
87%
170%
5Va
3
5%
5%
3
22%
43%
20%
45%
8%
34%
85%
20%
8
37%
14% Nov
Nov
20%
45
170%
57% Feb
18
20%
*36
——_
9%
46
8%
34
2%
22%
8%
44%
9%
8%
9%
5%
5%
2%
23
21
8
87
*16
2,900
45%
87
-V
3,900
37%
20%
8%
*169
„.....,Nopar
107/4
37%
43%
44
9%
10%
37%
20%
34
9
9%
10%
23
8%
8'%
10%
37
5
2%
5
3
43%
10%
37
46
34
.
8%
400
2,000
1074
„
23
23
44%
*9%
—No par
5
Loew's
138
9'/a
4%
2%
23
8%
44
*86%
—
Jan
8%
43%
*33%
Liquid Carbonic Corp com.__.No par
3% %
conv
preferred
100
Lockheed Aircraft Corp„,
__1
23
39%
8%
2%
i
Nov
19
"20%
,>45%
5%
2%
5
*22%
.
Corp*
Lima-Hamilton
Jan
5%
——100
preferred
Lily Tulip Cup Corp.,
Feb
Feb
*9%
-
No par
—7
_——5 1
Liggett & Myers Tobacco com____25
109 %
21%
'
,_No par
Corp.—,
9
172
5
—:
43%
Libbey Owens Ford Glass
Libby
McNeill
&
Libby:
Life
Savers Corp
,
23% Jan
Dec
*8
1
(The)
15
137%
*5
*2574
37
10%
37
3
Corp
Inc
10%
36%
23
Stores
7%
10%
37%
*2%
Lenn & Fink Products
Lerner
10%
37
*91
93
*91
95
10%
*22%
non-cum
Lehman
*91
37%
1
com
95
10%
1st preferred—No par
non-cum
*91
37%
„50
Lehigh Valley RR
Lehigh Valley Coal
15% Nov
X18
400
26
Jan
Oct
700
400
26%
21%
30 Va
Feb
1074
42%
36
Co_:
28%
42
*25
Co.__
79%
42%
22
Oil
12% May
17% Apr
10%
36%
Belt
58 Va May
10%
42%
25%
Lion
11
10%
42%
25%
Link
Jun
10%
42%
21%
11
24%
10%
42%
36%
55% Jun
Feb
*10%
25%
70% May 24
Feb
1,900
*10%
10%
43Va
22
11
27
8,500
37Va
55% Mar 16
20
5%
18%
5%
22
28% Feb
10% May
18% Dec
5%
18 %
5%
10%
*36%
Oct
x69
5%
18%
5%
*42%
i
Dec
Dec
5%
18%
5%
10%
5
Dec
78%
51/3
18%
5%
43%
j.
12%
10
7,600
51/4
18%
5%
53/4
18
*10%
Tire—x
63
13% Jun
5%
534
18%
5%
57/3
18%
& Sons.Co com_____3
(James)
35%
9
5%
18%
50
Co
&
Rubber
Lees
Dec
8% Nov
5%
19 Vs
*42%
*24%
Apr
24% Aug
19% May
47
5 Va
5
5
5%
No par
common
preferred
Lane-Wens
Lee
174% Mar 30
16
33
91
14
5
*18%
No par
(The)
42%
25%
26% July 12
May 15
Co
Bryant
Lane
1074 May 12
38% May
10% Dec
4Va Mar 16
1% Jan
19% Mar 30
Gas
Light Co
4
Consolid 6% pfd—75 Pesos Mex
La
5374 May 17
Mar 19
May
21% May
5
Apr
Mar 24
14% May 15
1
2574 Aug 12
—
38
1
Oct
18
Laclede
93
17%
*91 Va
18
210
93
800
18
m
34
Mar
41
Nov
36
Jan
27
40
Jan
2
134
Nov
152
Apr
129
Oct
14
142
Feb
13
13% Nov
30% May
99% Dec
41%
111
11% May
16% Apr
10%
15%
26
10
Nov
20
15% Apr 12
xl6% Feb
25
Jun
6
May
12%
9%
Dec
14%
Feb
22%
Dec
32%
3%
Jan
9% Feb
Jan
500
97%
13% Jun
28
Mandel
26
Jan
10
14% Jun
22
Feb
Dec
Feb
6% Feb
22% Nov
94
Nov
Martin
11
Jan
47% Feb
Nov
18% Nov. 30
27%
Mqy 20
Master
Nov
27% Feb
11
45
Oct
Mathieson
29
176
Jan
26
47% Apr
20
Feb
84% Mar 27
Dec
106
100% Aug
97% Mar
14%
Jun
50
113
Jan
48%
Jun
Jun
Jan
9% Feb
11
12% May 15
36% Dec
1
*110
Jan
43% Jan
1
r
•
Highest
$ per share
$ per share
33%
Feb
25
Feb
11
Dec
10734
Feb
88
Jan
5
35
Mar
24
May
46
Dec
32
29
Nov
36% May 21
101% Jun
4274 Jan
10
14
15
Feb
2374 Mar 17
Feb
41% Nov
29
52% May
Jan
30
Sep
20
35% May 15
31
<
May 15
1
Dec
105%
Feb
87.
Jan
5
98% Jun
17% May
2574
Feb
1874 Feb
11
24% Jun
9
21%
31 %
Feb
18% Nov
12
24 74 Jan
12
16% May
88%
23%
Jun
Dec
20
May
16
May
55% May
13% May
105%
-
Oct
16
Nov
80% Mar 24
96% Jun
32% Nov
83
Jan
20 % Dec
2
Jan
12% Nov
30
,19"% May 15
73
Feb
49% Nov
20
62% May 15
19%
Jan
12% Jan
28
Jan
44% Feb
103 % Mar
35% May
97%
Dec
47%
1274 May
5074 May
5
92
9574 Jun
4474 Jun
8
18% Mar
13
Feb
48%
Dec
38% Feb
11
45%
Nov
35
104
11
Apr
1074 May
63/4 May
47% May
84%
Dec
156
Mar
15%
4———1,
McGraw-Hill
PublishingNo par
Mclntyre Porcupine Mines———5
McKesson & Robbins Inc com
18
30
5 6 74 Apr
Nov
15
98
102%
98% Oct
Dec
1074 Mar 16
15
104
Jan
123
334 May
11% May
Oct
5674
2574
Feb
32
Feb
Sep
For footnotes
see
3
May 17
105% Jun
17
18% July 13
121% Oct
18
11
73% Jun
14
10
974 July 13
11
34
July 13
34% Mar 17
44
Jan
5
15% Jun
24
9
.
24
page 28.
21
10
Nov
13% Feb
Jan
13%
May
Feb
4
Feb
51%
8 May
25
July 13
4274 Feb
109
Oct
Feb
8
323-4 May
23%
May 10
87
May
Feb
Sep
11
15
Min
&
Transp
Co
Merck & Co Inc common-
preferred
$3.50
Merritt-Chapman
Machine
Mesta
Metropolitan
-
4.35%
9%
18%
18%
*87
87%
*87%
88
*80%
82
1074
1 074
*3674
38 ,
*110
111%
.
24
24%
Scott
2974 July
6
x__1
50
3%
No par
;_1
No par
No par
_5
preferred
Moline Power
No par
.100
—No par
com
1
Impl
i.—No par
i
10
No par
7%
preferred series A
100
Mohawk Carpet Mills
20
Mojud Hosiery Co Inc
1.25
$6.50
Mission
preferred
Corp
RR
com
—_
Monarch
Machine
*87%
20
*17
21%
13%
*49
13%
*874
59
*85%
*103%
.—10
com
preferred
Mo-Kan-Texas
26
*41%
3174
pfd_100
100
—No par
Minn St P & SS M A vtc—_No par
Minn-Honeywell Regul com
:_x_3
3.20% conv pfd series A
100
Minn Min & Mfg
No par
$4
31%
*19%
38%
Minneap & St Louis Ry
Minn
*92
*16%
84
Copper
1st
8%
t per share
*273/4
*3174
Co
Edison 3.90%
series
preferred
Steel
Saturday
Nov. 27
5
&
17
78
21
674
1674
23%
96
974
9
974
14
57
185/e
x36%
36%
xl65
165
39%
39%
87
87
*87%
88
"/ *81%
83
x9%
10%
.
37%
.
.,
*110
24
37%
111%
24 /
Tool—x
No par
*96%
1 374
44%
29
93%
31%
26
41%.
3174
89%
20
20
16%
*8%
17%
8%
20%
6%
17
.17%
8%
20%
674
1674
22%
>92%
23
94
22%
94
10%
13%
56
18%
37
18%
1 074
13%
56%
18% '18%
36%
36%
*164% 168
39%
39%
87%
87%
*81%
87%
88
83
9%
*26
9%
*110
38
111%
22;%
23%
AND
HIGH
Monday
*164%
3974
*87%
88
*81%
10
36%
*110
22%
28%
26%
92
92
92
31%
31%
2674
2674
92
16%
,
'
.
31%
H7/a
11%
11 /b
13%
14
56
19
23
*93
*
1674
55 /4
*18%
38 /4
38% 38%
*166
168
39 % 40%
37%
168
40
87%
.88
83
10
36%
111%
22%
*87% 87%
*87% 88%
82% 82%
10
10
*34
36%
*110
111%
22 74 23
*33%
*
22 %
2,400
35%
H
23
900
4,200
1,900
5,500
1,110
4,000
120
12,500
1,800
1,800
1,600
2,800
30
'3,700
150
270
10
1,200
200
3,300
*90%
32
28%
27%
93
-
*91'/a
32
32
*2574
29
2874
*91%
93%
2534
1,100
26%
26%
41%
26%
41%
42
42
3074
31
31%
31%
31%
31%
89%
90 Va
*89 Va
90%
90%
90%
91
91
20
20 %
19
19
163/4
1674
16 Va
16%
1674
4174
2,400
31 %
2,500
91%
400
21
21
*17%
19%
16 Va
41 %
3P/4
*90%
42
*18%
20
40
1,000
2574
26%
*18%
3,300
26%
41%
19
29%
93%
32
3074
*20%
Shares
31%.
41%
20%
share
32
26
*20
Sales
the Week
$ per
share
41 Va
20
for
Friday
Dec. 2
26
16%
16,800
Dec. 3
Thursday
t per
share
x30%
*18
,4
19%
38-/4
*166% 169
39 /4 40 4
*87% 88%
*87% 88/2
*83
84
10
10
■
20
18%
8/a
20%
^64
16%
23%
94
137/a
5574
6%
16%
18
8%
20%
674
700
1,400
9
*8%
23 %
95%
20
Dec. 1
$ per
$ per share
27%
*31
18% 18%
15/4 16%
*500
530
7%
7 ,b
j
19
2,800
300
10 %
'18%
8%
20%
6%
16%
23%
*92%
17%
8%
Wednesday
Nov. 30
$ per share
32
95
16,500
SALE PRICES
Tuesday
Nov. 29
"
10%
14Va
1874
1174
13%
55%
9 74
x31%
*94%
200
36%
136
13%
55%
2274
94
13%
56
13%
11%
17%
8%
20%
074
16%
/.
,*18%
1574
*500
530 ,
7%
7%
*8%
9
9
17%
8%
20%
6%
>16%
•
»
*130
1674
16
21
700
19%
200
16 Va
2,200
190
*82 Va
84
82
82 %
82
82
*81
83
84
*33
3474
33
33
32%
33%
32 %
32%
33
33
3474
21 %
2074
1374
20 Va
20 34
20 Va
20%
2,700
1374
3,500
13%
,53
13%
8%
59
87
20
38%
98
104%:
1 374
44%
45
134
134
*1134
12
*934
10Vs
*42%
44
*87
89
59%
59%
*9.9% 100%
12%
12%
*111% 113%
51
51
6
6Va
23
23%
*37%
37%
10%
10%
*24%
25%
45
31 Va
95%
10%
18%
1 1474 15%
*500
530
*7%
7%
17%
.1474
14%
14%
30%
*94%
*10%
17%
10%
36%
*36%
37
*130
136
14
14%
32
32%
*93
95%
'.*10% 10%
37
136
13%
*500
520
7%
7%
*8
9
17% ,17%
8Var*
874
2074
20%
674
674
16%
1674
23
23%
94
94%
19'"
36%
36%
*166
169%
3974
3974
*57
50
1
Inc
Co
Jun
42'/a Nov
7
Stores
Prod
14
17%
8%
'*13%
56%
No par
100
—
Petroleum
Feb
54% Mar 11
Corp
(The)
common
preferred-
1st
Midland
Feb
Dec
Merch
series)-
(2nd series)
Miami
16
Dec
(1st
Shoe
Mengel Co
5% conv
Mercantile
10
Co
common—,
pfd
2nd pfd
Melville
Mfg
Mid-Continent
140
7074
Corp
4%c!o
4%
—
2
Jan
Dec
Mead
——No par
-1
Co
7
9
9% Mar 17
26
Norris
McQuay
23
30
preferred
Dec
1474
Apr
$4
McLellan-Stores
May
11
9
-
LOW
50
Nov
11
774
14%
58
*13%
V
STOCK
YORK
NEW
19% May 27
66%
51%
preferred
____No par
cum preference——No par
Corp
;
—;
No par
6 9 74
-
129% Feb
Nov
Nov
11474
99
28 74 Mar
Mar 16
8
10474 May 25
10
29% May
136% Jun
33
24
2774 Jun 15
Mar 10
Nov
2
63% July 13
19
1013/4 Nov
Jan
18% Jun
13
36
Jan
1113/4 Aug
25
11
85% Nov
No par
McGraw Electric Co—
8,
24%
17% Feb
_
Dec
24
25%
6574
per
Par
46% May 28
11874 Nov
43% May
23% May 25
26
Feb
Feb
50
par
McCrory Stores Corp com
1
3%%. conv preferred———_100
2
40%
par
EXCHANGE
5 6 74
Dec
100
__5
1st
"
44
30% May
87
Oct
No par
$ per share ■>
$ per share
May
9%
14%
*500
7%
*8%
530
STOCKS
Range since Jan. 1
Highest
24
45%
$3
$6
McCall
Lowest
82
Corp_
common
-
Year 1947
1
,
Chemical
Co
Maytag
9
12
—;
Co
preferred
Dept Stores common-.
$3.75 preferred —i_
No
$3.75 cum pfd 1947 series—No
$3.40 cum pfd
No
21
Jan
41% Jan
112-
Apr 16
22% Dec
>•
Corp
Electric
7%
13
93
23%
*94%'
_No par
No par
May
18
85
Masonite
3
93
Range for Previous
Lowest
22
6
77% Aug
Jan
108% Mar
9
13*
Feb
84
Nov
35% May
69% July
■
—100
—
Martin-Parry Corp
Dec
17%
8%
>21
6%
16%
■
L) .Co————_—1
(Glenn
16
Dec
v.
preferred
4% %
9
16
35% Mar 16
1474
*500
*7%
■»
*8%
Marshall Field & Co com—xNo par
103% Jun
____6.25
Corp„5
prior pfd___100
6%
Ry
19% Jan
82
5 ""
—_r
29% May 18
9
35%
May
1
Corp
22% Apr
88
17Va
St
27
85
18%
15%
Midland
10
Nov
*18
Market
9% Nov
X165
10%
Marine
15
Feb
10%
30%
*93%
*10%
*17%
30%
95 Va
*10
30%
95%
10%
18
15%
530
7%
Exploration—x—1
12% Nov
Jan
30%
95%
Oil
Oct
49%
30%
94%
__No par
Jan
190
30%
94%
*36%
*130
1374
8
May 20
17% Sep 16
20
36%
136
.13%
25% May 17
20
Feb
15
36%
*130
14%
Marathon
63 Va
Dec
:
Co„_
Co
Shirt
Manhattan
'
13%
10
1
50
*130
37%
14%
,
136
136
14
Maracaibo
26%
39% May
42
RR
Bros
1874 Mar 18
Feb
(The)_
Sugar
24%
18% July
24% May
7 %
Manati
34
May
14% May
39% May
175
Co
8
*36%
37%
*130
5
„
Coal
23
26
34%
14
Magnavox
Mahoning
6
Apr
10% Sep
8% Mar 16
111% July
Dec
Copper
Magma
5
5% Feb
*36%
100
—
u___
Garden____No par
Square
12
17% Nov
8%
22 % May
16% July
Madison
Oct
525
10
com
—#
Inc
674 Nov
Feb
16%
May
11
Trucks
Macy (R H) Co Inc com_—_No par
4 % %
pfd series A
__100
7
277%
6% May
520
4
Dec
7
19% May
9
Dec
103% Jun
preferred
6%
Mack
24% May 20
18% Aug
Dec
455
10
3 9 74 May 27
94% Nov
Feb
21% Mar
2774 Jun
30
30% Mar 16
Jan
Mar
Forbes
&
21
21
1374
13
*49
52
20%
12%
*49
2074
21
13%
13
*49
52
1374
1374
*49
51 %
51 %
900
—.
2,700
13 Va
13%
13*4
13%
1374
14 Va
13%
13 V*
8%
13%
*874
*874
8 %
*874
874
8%
8%
*8%
874
200
1,500
59
87%
*85%
58
*85%
58 Va
58
5874
87%
86
86
20'/a
3874
20
20
1974
20
20%
x38
38
*37 Va
38
38%
98
98
*103%
13%
*49
51
83
13%
'
58
*81
104%
98
98
*104
105
X97
*103%
14
59
*86%
5874
86%
86 V*
200
*20%
2174
1,200
2074
21 %
38%
*103%
14
5874
87%
38%
97
98
105
59
14%
'
39
98
*97
105
*104
1474
*14%
39
600
98
320
105%
15
1374
13%
1374
1374
43
44 V2
42%
4374
4274
44 74
44
44%
4374
4574
45%
45*4
45 Va
46
46%
46%
47%
50
4874
50
134
135
134
134
2,500
15,400
7,200
370
133 Va
134
135
12%
1274
13
*12
9%
974
974
974
9%
42 %
42%
42%
42 Va
44
44
45%
87%
87*4
87
87%
*87 Va
89
88
8874
59%
*5934
60%
60%
60 V2
*60%
*100%
100 Va
100%
100%
*100%
101%
60
13%
1374
13%
10,500
113V4
100
133%
134
12%
12
60
*59 %
*100
100%
1274
1274
*112
50
115
'
51 Va
134
12
59%
100
1274
*112
49
115
50%
12%
*112%
51
13
12%
974
*113%
53
Va
115
53%
115
54
6
6Vs
534
6
22 34
227/a
24
2374
24%
37 Va
36 %
3674
3574
36
*36 %
3674
10 Va
lOVa
1074
10 %i
1074
5%
5%
22 34
233/4
37
*24%
12%
974
574
23%
574
*10%
100
43
974
25%
*24 Va
25'/a
*2474
25
11
*24%
12 V2
4,000
934
2,000
4474
4574
2,600
*87%
88%
160
61 %
500
*12
974
13
113%
54
5474
5,800
6 3/4
10,000
2374
2474
18.600
36
36 *4
6
11
*10 3,4
11
25
*24%
25
1,700
2,600
M
THE
(2340)
COMMERCIAL
NEW
Kongo sifteo Jo*. 1
Year 1947
Lowest
Highest
9 per thare
63%
128 J/2
45% Nov
1
105% Mar 17
9% Nov
49
64%
May
Dec
20
NOV
11% Jan 23
Dec
"
May
27%
19% May
27%
17% May
25
17
10"% Oct
Nov
65
22
19% Mar 17
Feb
10
35
15%
May
Apr
107%
9
Morrell
1
Motorola
29% May 27
Motor
Jun
9
Mueller
26
1
14% Oct
23
Feb
33% Feb
16
45
Jan
16%
107% Jan
2
112
Jun
2
12% Sep
21
17
Jan
2
May 15
37%
Jan
44%
Feb
35
Nov
10
43
Jun
29
50 %
Jun
56
Jan
50% Jan
23
55% Jan
5
5
10
-
Corp
Corp
Brass
46
99%
107
•105%
10
9%
10
1 per thare
47%
100
*105%
10
46
thare
Sales
the Week
47%
J per
for
47%
thare
Shares
47%
5,100
46%
100
101
101
108%
107
107
*105%
108%
300
10
9%
9%
3,700
57
56 %
57%
18,800
10
*9%
100
100
700
54%
X10%
11
10%
10 %
10%
11
11
10%
10%
*22
22%
22
22
21%
21%
*22
22%
22
22
400
19%
20%
x20
20%
19%
20
13,600
24
24
55%
54%
55%
193^
18%
19%
18%
23%
24
23%
55 y2
19%
24%
*24
56
56%
10%
6,800
23%
23%
23%
23%
23%
ig3/4
19%
19%
19%
19%
*19%
19%
19%
17
19%
19%
19%
1,600
17
17
16%
17
17
17%
17
17
16%
17
145/g
2,900
14%
14%
14%
14%
15
15%
15%
15%
15%
9,900
*19%
17
1
new
45%
100
t per
11%
19%
1
com
45%
9%
Friday
Dec. 3
Dec. 2
"
I per thare
101
107
Thursday
Dec. 1
55%
11%
5
Co
Mfg Corp
Munsingwear Inc
107
Wednesday
22%
.
*22
No par
♦100%
10
'
55
5
No par
45%
107
PRICES
Nov. 30
9 per thare
103
*105%
No par
Co
Mullins
Dec
40%
Dec
Wheel
May 27
Tuesday
Nov. 2'J
453/9
*ioo
3
Products
16% Oct
Dec
Co
Inc
Motor
24
451/,
A__No par
No par
Lines
&
.Monday
9 per thare
5
com
B
Utilities
(John)
23
9
Co
series
Moore-McCormack
Jan
10
11
Saturday
Montgomery Ward & Co
17% May 15
27
Feb
16
Nov
112
Dec
97/e
RECORD
Nov. 27
series
Monday, December 6, 1948
LOW AND HIGH SALE
STOCK
Chemical
preferred
preferred
Montana-Dakota
May 21
13% Nov
Mar
$4
20% Dec
6
20% Jan
Oct
$3.25
18
10% Nov 30
17%
27%
14%
Monsanto
May 15
6
9
Dec
YORK
Per
61% May 17
122
112% Apr
47% Mar 16
Feb
May
9% May
15 %
24
STOCK
EXCHANGE
9 per thare
29
99% Dec
Feb
Feb
NEW
Highest
I per thare
9 per thare
49 % May
110'A May
YORK
FINANCIAL CHRONICLE
STOCKS
Range for Previous
Lowest
&
5
12%
Murphy Co. (G C) common
—1
43A% preferred
100
Murray Corp of America com
10
4% preferred
50
Myers (F E) & Bros
No par.
*39%
12'A
*11%
39%
*109%
13%
12%
x39
111
39 >/8
♦109%
13%
14%
*10%
111
13%
39%
*109%
13%
13%
11
11%
39%
37
*35%
37
*35%
*50
53%
♦50
13%
36%
53%
53
11%
39%
111
*109%
13%
*35
*50
11
39
111
13%
35%
39%
*110%
13%
35%
35%
53%
*51
*50%
11%
11%
400
39%
1,100
♦10%
39%
39%
111
*110%
14
2.400
111
13%
....
13%
3,400
*35%
36%
200
53%
35%
53
53%
100
20,400
N
Feb
10%
14% Mar 16
14
May
19
May
29%
Feb
20
Feb
24
21
May
30
Jan
20 Ve Dec
1
8%
16%
9'A May
16%
Jan
27
Dec
33
26% Feb
20
9
Nashville Chatt & st
5
National
Jan
Nash-Kelvinator
Corp_.T
Co
4
8
32% Oct
9% May 21
48
Jun 17
15%
6
Feb
38
20%
Jan
23%
28
3
10% Mar 15
Jan
14% May
17% May
10
Feb
9% Dec
Oct
17%
33% Feb
Oct
7%
14% May
25%
Dec
National
Container
National
Dairy
Department Stores..
National
Distillers
Sep 27
20% Jun
Oct
162
Oct
16
Nov
4
6
Apr
Sep 20
Jan
26%
11
Jan
1%
15% Feb
% Nov
38
Jun
177
Peb
19% Nov
12
National
$4.50
Jun
7
1%
147% Apr
7% Feb
7
6%
2
24% Jun
10
6
1
25
Jan
May 17
NOV
81% Mar 10
28%
Jan
20
Nov
16
23%
Dec
16% Nov
9
25% July
6
Sep
80% Nov 16
94
2
Jan
21
Lead
Nehi
100
Jan
29%
17%
Feb
10% Dec
1
11
Dec
13%
Jun
9 % Nov
10
18% May
13% May
24%
Feb
9
Nov
29
19% Jan
18%
Feb
12% Nov
30
105
Feb
28%
98
107
July
Nov
38
Feb
Dec
11%
106
Dec
95% Dec
35% May
22%
104
35
87
Nov
8
24
12% Nov 30
Feb
70
Jun
3
Feb
13
Nov
29
64
26
Oct
20% Feb
11
34% Oct
Feb
31
Nov
24
43% Jun
Feb
12% Feb
11
18% May
May
11% May
19
Apr
50
52
39
Dec
.121
20%
Feb
10
92
Feb 11
11% Mar 9
Feb
144
26
Nov
Aug
20
62%
Dec
230
Dec
137
80
Jan
49% Jan
290
Feb
200
Mar
Jan
61
Jun
25
19
255
107
Mar
86% Jan
6
10% May
16
Sep
14% Feb
27
10
Mar 18
14% Jun
N
N
9
89% July 12
96
Jun
Air
23
100%
Aug
81
Jan
23% Nov
25%
I per
Oct
thare
20% Mar
13% Nov
4
30
53'A
Jan
24
Nov
26
56 Vt
36% Jan
Dec
5
64 %
Nov
55
Feb
18
26
62% Nov
Dec
1
30%
Sep
25
16*/s Dec
6% May
Aug 24
28% Jan
13
33%
Jan
14% Mar
17% Jun
17
10%
Feb
115%
Jan
Dec
30%
13% May
22%
83%
25
Dec
79%
Dec
11
Aug
8
Jan
3
2
Nov
82% Mar 10
25% Feb 11
Feb
102%
16% Feb
Feb
78
11
Aug 11
*132
6%
18y2
18%
U
%
%
21'A
*20%
17'/a
Harlem
RR
5%
Co
18%
18'A
%
%
%
%
20%
20%
*20%
21'A
*20%
85%
87%
20%
20
20
120
50
6%
500
18
18
%
21'A
v
%
1,900
n
.
5,600
21'A
21%
88
89
89%
90
20%
*20%
21%
88
87
20%
21 Va
21%
21%
2,500
11,700
700
3,500
17%
17
17'A
16%
17
17%
17%
19
18%
83%
83%
19'A
83%
85
83%
83%
21
83%
21 Va
84%
83%
83%
260
21%
21%
21%
21%
22
10%
22
10%
22 %
22%
10%
10%
10%
2,800
10%
10%
10%
10%
10%
10%
1,400
17%
9%
9%
9%
9%
*9%
9%
1,800
9%
9%
13%
13y2
9%
10%
3,400
*13%
,9%
f3%
9%
13%
13%
1,900
13y2
102y2
*101
73
*29'/2
No par
32
12%
100
com
75%
*130
13%
12%
102%
♦101
32
*30%
*91
93
91'A
91%
8'A
8Ve
8%
8%
*92%
93'A
*92%
36% Jun
14
Northern
Natural
27% Jun
24
Northern
Pacific
31
30%
92%
*91%
8%
8%
*92%
*101
30%
8%
.,
93%
13%
102%
29%
93
*91%
8%
102 %
—
30%
«.
20
8%
8%
—
700
93
10,600
93%
93
93
54 %
55
54%
55
55
55%
55%
56%
56%
56%
12%
*
13
*13
1,700
12%
xl3
13%
13%
13%
13%
13'A
4,900
*92
94 %
80
73
70
30
29%
29%
29%
29%
29%
30%
32
30%
31%
'/a
30%
32
30%
32 Va
2,500
32%
32%
x32%
32%
32%
33
33
12%
33'A
13'A
12%
1,500
13
71
*68
72
*67
70
*69
"
13%
75%
12%
13%
70
13%
70
14
13%
70
170
13%
36,700
73
131 %
130 %
130%
*131%
*14%
15%
75%
130
132
15 Va
14%
14%
14'A
15%
14%
14%
14%
14%
21%
20 %
1,100
20%
20%
20%
*20%
21%
*20'A
21%
200
70
71
70
73%
73
135
74%
*131%
72%
132
*132
73
135
5,800
■—
700
2iy2
*20%
*45
51
*45
51
51
51
*45
52
*47
50
249
250
*235
250
♦235
250
*235
250
*230
8
8
8%
8%
8%
10,000
30
30%
30%
30%
2,700
Co_100
7%
100
*28%
7%
7%
7%
7%
7%
7%
28%
28%
28%
29
28%
29
91%
91%
91 y2
91 %
*90'A
92
16%
16%
16'A
16%
*16
16%
.
86
84%
84%
*84'/2
84%
29%
*47
55
*235
250
92
16
♦84%
^
*90%
92
*90%
16%
*90%
84%
53%
250
*16%
17
16%
86
*84%
87
*85
100
20
92
150
16%
1,500
87
40
LOW AND HIGH SALE PRICES
Saturday
9 per thare
Monday
'
Toes day
Nov. 29
Wednesday
Nov. 30
I per share
21 y2
21
21
21
21%
21
143A
14%
14%
13%
14%
14
*24%
25%
*24%
25%
25
25
25
56 V2
56%
56%
57
55%
25
56%
*25%
26%
26%
26%
lo
15%
15y4
15
15%
1
14%
8%
8%
8%
8%
8%
50
*83%
85%
*83%
85%
85
10
85 %
27"%
28%
28%
28 5A
28%
29
100
29%
17%
17%
17%
17'/a
17%
17%
17%
Aviation
Co
Co
Ry
Northern States Pwr Co (Minn)—
$3.60 preferred
No
*84
21%
21%
Shares
21%
900
14%
56
Xl4%
14%
14%
14%
x25 %
25%
24%
24%
500
56%
4,500
55%
56%
26
15
8%
Sales for
the Week
J per share
26
*25%
15
9 per share
21%
21%
*25
27%
Friday
Dec. 3
Dec. 2
J per thare
*14%
*26
Thursday
Dec. 1
I per share
*20%
com
Gas
13%
*101
*91%
4
Ry
13%
102%
21
*20%
Co
American
*101
32
No par
preferred
American
102 %
*30
1
Western Ry
Adjustment
Central
'
3,800
*
55%
561/4
*26
27%
15
*26
271/4
100
15%
14%
15%
35,600
8%
9%
8%
9%
48,200
85%
84%
84%
*841/4
85
29%
29%
30
29%
30
5,600
17%
17%
18
17%
18
18,400
15%
8%
9
20
par
&
84%
85%
85%
106%
106%
106%
106 %
106 %
106%
106%
106%
106%
106%
106%
820
8%
8%
8%
8%
8%
9%
9'A
9%
91/2
9%
9%
9%
8,900
*16%
16%
16%
16%
16%
17%
17'A
17%
17%
17%
17%
17%
6,100
37%
37%
*37%
37%
*37%
37%
37%
37%
*37%
37%
37%
37%
*4%
4%
*4%
4%
*4»A
4%
*4%
4%
4%
4%
100
12%
12%
*11%
11 'A
11%
600
Telegraph
Pharmacal
84%
*106%
10
25
Tire
*84%
No par
Norwalk
9
18 Va
18
%
6%
84%
Nov. 27
Northwestern
2
132
6%
9%
STOCK
Norwich
3% Sep 20
10% Mar 18
Feb
Feb
Nov
Xl8
132
6%
9%
A
14% Jun
33% Jan
16
19
167
132
132
6%
9,800
31%
165%
9
Industries—.1.-2.50
North
2
133
6%
290
32%
31%
168
9%
Corp
Chemical Co
Northern
Mar 19
133
6'A
14,300
9%
Co..
YORK
11
90
133%
31%
*166%
16
92%
12%
9%
Elec & Gas Corp—
cumulative preferred—100
13% May 10
106% Dec
168
1,600
15%
92%
21%
*10%
100
Hart RR
series
93
Jun
32%
168
13
16
9%
Electric
North
X31%
12%
92%
88%
*20
State
Nopco
34%
168
*6%
19
12%
*83%,
& Light 3.90% pfd__100
Shipbldg Corp partic stock
1
Norfolk &
13
8,100
*21
No par
27% May 17
40% Apr 24
7% May 21
Jan
13%
133 %
*6%
%
100
.17% Mar 20
45 %
18%
♦12%
*132%
93
9
33
Dec
92%
*91
9
Oct
Dec
xl5%
30
8% Nov
Apr
25%
6%
16%
92%
30
5
19'A Aug
12
12%
15%
92
*101
103% Oct
22 'A •
Jun
12%
16'A
92
100
preferred
Noblltt-Sparks
1
19,600
9
;
Y New Haven &
Noma
1,500
18%
18%
Par
1
15 Va
17%
9%
N Y
21
17y2 July
26%
15%
18
9%
9 per thare
25% Jun
26%
15 %
17%
6%
EXCHANGE
Dec
26%
15
17%
133%
common....No par
Dock
NEW
33%
26%
15
17%
»9y8
preferred
Brake—
non-cum
Lowest
% per share
26%
15
17%
34
*14%
Range since Jan. 1
Highest
Highest
26
15
15%
12%
STOCKS
Year 1947
Lowest
26%
15
92
common__No par
St Louis
Range for Previous
I per thare
26
■' 17%
168
10o
$3.75
2,000
*6'/a
N Y Power
2
9,900
34%
No par
York
Y
9%
12%
*9%
N
80% Dec
9%
12%
7%
1
Central
Preferred
17
19% Oct
serial
preferred
&
6,500
9%
12%
168 Vu
preferred series A
Y
7%
9%
12%
90%
21%
7%
9%
12%
34
City Omnibus Corp
$5
7%
9%
12%
*132%
1
common
(JJ)
N Y Chic &
19
Dec
20% Feb
Inc
conv
York
New
7%
9%
No par
York
Y
4,700
15%
13%
6%
8.80O
90%
55%
N
7
35
12%
15%
13
6
6%
34%
18
88
130
6%
15 Ve
89
12,100
167
12%
*168
89
167
600
30
x29%
9%
34'A
*20y2
1,400
3,700
*12%
12%
168%
*20
30%
10%
10%
35 y2
36%
15%
34%
10%
10%
■35%
10%
6%
12%
*168
Newport News Ship & Dry Dock__l
19
7%
10%
36
X35%
40
26%
*54
New
6'A
6
169%
15 %
8%
2
84 %
Sep
Co
29%
168
26%
93%
Jun
6% Mar 29
—.
25%
Fibre
30%
38%
8
10%
*35%
168%
6
*10%
92
*12'%
No par
30
168'A
38%
7%
10%
36
17%
8'/a
27
Nov
Corp
10%
10%
*35%
17%
*92%
3
15%
;
July
8
10%
10
36
5%
15'/a
20
New
July 12
23% Apr
38
10%
6
No par
Bros
4'A %
18% July 12
9%
36
10
12%
26%
xlO'A
9%
7%
9%
Jersey Pr & Lt Co 4% pfd__100
Newmont Mining Corp
10
Newport Industries common
1
9
22%
7%
10
12%
17%
New
22
46%
May
39'A
15%
preferred
England Elec System
New
July 12
12
5%
38%
40
*90%
3%%
26% May 21
90% Jun 18
32% May
169%
5%
26%
100
Corp
4%%
12
*168%
6'A
__1
Co
Newberry Co
8
12% Jan
90
Aug 17
Feb
38
24
Nov
Vulcanized
Neisner
May 15
98% Jan
90% Mar
Dec
Jan
10
Jan
102
Natl
May 17
168'A
5%
10%
9%
15%
5%
30%
168'A
6%
*15
Steel Corp
25
National Sugar Ref Co
No par
National Supply (The) Pa com—lo
4V2% preferred
100
National Tea Co
10
6
Feb
32%
Dec
17%
26
108%
44%
Dec
X87%
Feb
19
x27% Mar 12
Mar
13
*
100
29
30'A
168%
No par
10
common
6
6'/a
7'A
National
30% May 27
15% May 26
12 ya Jan 26
Nov
Co
Shares
Natomas
Mar
20% May
12% Dec
2,200
5,800
5%
30%
9%
12.50
Gypsum Co com
preferred
cNational
95
88
5%
6
29%
12%
5
preferred A
preferred B
74% May
5
5%
5%
29%
40
Prod..—No par
conv
21% May
12% May
25% Jan
170
20%
168%
100
National Linen Service Corp
1
Malleable & Steel Cast-No par
Natl Power & Lt ex-dist
No par
114% Oct 23
24'A
20%
36
*
■
Natl
2
15%
24%
20%
29%
Products.;—No par
common
National
10
15%
24%
Enameling & Stamping—
New
96% May 19
14
130
Jun
9
15
85
Sep
21%
19
29% Jan 23
Jan
Dec
13% Nov
15%
24%
20%
10%
1
National
15%
24
20%
35%
1
2
190%
U
Co
15 Va
24
20%
10%
9%
1
Cylinder Gas Co
May 21
167
8%
Lines Inc..
National
National
Feb
28
City
2
15'A
24%
20%
20'A
36
9%
__No par
Jun
Dec
Dec
Register
32
Dec
Jan
Cash
10
15
♦24
20%
36
100
Corp
22 Va May 21
165
6%
Can
15'A
24%
20%
6
*10%
10
preferred
15
*24
20%
6
1
common
21
10
136
15%
Inc
14% Mar 17
Jan
36%
Co
14% Aug 23
Dec
107
Fibres
24% Mar 17
17% Nov
12% Nov 29
96
Biscuit
National
Nat
25% May
Battery
National
9% May 20
13% Jan
1
Automotive
National
22
175% Jun 23
Dec
20%
5
National
National
15%
24%
*24
1
National Aviation
July
1
Jan
15%
100
45
10
14%
5
Louis
Co
National Airlines—
5% Nov
43%
Corp
Acme
10% May 20
13 Vi July
8
17% Mar 22
162y2 Oct
Dec
Dec
Mar 18
32% Sep
29
Feb
Dec
26%
11
25
Jun
13%
13% May
13
26
29
Feb
May
7%
29
9'A Nov
Feb
187
8% May
4% Sep
8% Feb
Dec
34%
Jan
165
Feb
34
10 % May
24
Jan
14
Dec
21% Jun
$4.80 preferred
Northwest Airlines Inc
4.6%
common
preferred
50
Rubber.
No par
Co.,
*4%
2.50
*12
85
4%
12%
85
*12
85
12%
12
85
12
85
84%
85
12
460
70
O
27
Dec
38
91% Dec
111%
21
Apr
35%
18
Dec
22
17% May
93
27%
Dec
107
7% May
13%
88
May
15% Sep
24
May
118
28%
Jan
27% Feb
Feb
92% Jan
2
103
Jun
18
Dec
26% Feb
11
43
Jun
15
July
16% Apr
22% Feb
14
Dec
Feb
92
Feb
8
Mar
10
11
9
34% Jun
18% Jan
16
17
36% July 13
xl09% July 13
12% Apr 20
Feb
25
Feb
88% Nov
29
100
Jan
5
Feb
20
2
23
Jun
17
Jan
33%
Feb
Jan
26
Oct
163%
Jan
19% May
144% Nov
15
154
Jan
28%
29
Feb
15% Nov
9
23
Jan
5
82% Nov
89
Feb
27
73% Jan
2
149%
84
Aug
93
Jan
68
Nov
80
July
10
May
*
Jan
24
Jan
x337A
J
50 %
Dec
Nov
,
16
Feb
80
Oct
46 7A
Oct
48
Sep
19
9% May
50
27
Nov
3
26
11% Feb 27
8% Nov 30
60% Sep
34% Feb
30
13
43%
62%
Jan
Jan
47JA Mar 16
30
89% Feb 27
168
Feb
Dec
130
For fo< tnotes see
page 28.
Feb
Nov
13
9
4%%
8%
convertible
preferred
28%
28%
28%
28%
28%
97
97
97%
97%
97%
97%
97%
97%
31%
30%
30%
30%
31%
31%
31%
31%
32
17%
17%
17%
17%
17%
17%
17%
*17
17%
28
28%
28
28%
28%
28%
98
97%
98
97%
98
20
*17
27%
27%
27%
100
*97%
98%
*97%
8'A
8%
8%
90
*21%
No par
28
100
:
Marine & Mlg
*145%
8%'
90
88%
23
*21%
28
*144
Glass
27%
98
8%
8
89
22%
*16
16%
*157A
16%
*16
85
*77
85
*75
85
49
49%
48%
No par
2nd
preferred
non-cum
No par
39%
39%
39%
18%
18%
Inc
5
Pacific Finance Corp of Calif
10
Gas
25
Pacific
Lighting Corp
Electric
*13%
10
Pacific
&
28
*144
16%
*80
non-cum
common
*21%
28%
2.50
13%
*8
,
9
*60
64
30%
No par
49%
31%
49%
;__No par
*31%
31%
Pacific Telep & Teleg common.. 100
6%
preferred
100
*92%
*133
93
133%
13%
*8%
49%
48%
13%
13%
9
1
*89%
147
12.50
Co
Co
Mar 18
*21%
28%
Fisheries
147
22%
145%
27%
97%
No par
Co
Owens-Illinois
Pacific Mills
89
28%
Coast
7
89
145%
Amer
55% July 13
44% July 23
8
28
preferred
104% Jun
27
*97%
147
1st
43% May 28
*28%
98%
6
10
common
preferred
Outlet
29%
97
30%
A..100
Collins
Elevator
6%
Outboard
28%
97
.No par
preferred
(The) common
Corp
Oppenheim
Otis
pfd
common
convertible
Omnibus
28%
31%
Pacific
8
Feb
Corp
28%
97
31,
Pacific
15
Jan
Oklahoma Gas & Elec 4%
Oliver
*28%
*96%
No par
Apr 13
217AJun
39%
8
100
Co—
May 27
73
367A Jan
129%
common
preferred
Oil
15% May 17
29% Nov 30
25% May
4.40%
Ohio
15
15% Mar 20
x89% Dec
*131
37% Jun 23
Ohio Edison Co
8%
90
22
28%
147
28
8
*89%
*21%
28
*144
8%
22
28%
*144
17%
7,300
180
89%
110
22
28%
147
16%
*16
16%
*16
*77
85
*77
300
7,400
10
16%
85
85
48%
*13%
49%
13%
49%
13%
50%
62%
63%
39%
*39%
40
40
41
39
40
*18%
18%
*18%
18%
18%
18%
30%
8%
9
9
*18%
49%
*13%
13%
62%
,
190
300
4,000
*75
13%
700
16,700
8%
*16
*
487A
8%
217A
28%
62%
-
89%
147
62%-
62%
8
90
8%
*62
*60
*17
'
*9%
9%
18%
-
*63%
50
8,400
13%
500
10%
420
65
100
40
440
*18%
18%
300
29%
40
30%
31%
29%
30y2
30
30%
20,800
497A
49%
*49%
49%
49%
50
49%
50%
50
50%
3,100
x30%
92%
30y8
30%
30%
30y8
30%
30%
31
31
31
1,600
93
92%
92%
92'A
92%
92%
923/4
92%
93%
132
133
*131
133
*131
133
29%
133
30y8
135
*134
136
500
260
•
Volume 168
Number 4757
THE
COMMERCIAL
tni» far Previa a*
Range since Jan. 1
Highest
Highest
$ per share
I per share
t per share
3% Dec
Feb
59%
Dec
7%
Dec
14 Ye
13
May
18
13
8% Noc
9
13% Mar 16
Feb
40
11% May 21
21% Jun 21
July
Panhandle East
Jan
55
Nov
46
Feb
5
66
109
Mar
92
Oct
20
100
6% Feb
11
5Ya Jan
9Y»
Feb
Dec
19%
Dec
37
Sept
2
Dec
33 Yb
Dec
28 y4 May
7
Dec
109
105
11
10
Jun
33% Jan
2
34%
Feb
24% Nov 29
30% Jun
11
H%
Feb
38 y«
4%
8%
8%
8%
8 Ya
Pipe L com__No
preferred
convertible
1
2
Penn
21% Nov
1
Penn-Dixle
7
24%
Feb
15% Feb
28 %
11
36
Apr
Sep
10
xl07
Dec
117
Jan
109% Oct
22
18
Dec
22
Jan
34% May
112
Jan
14
5%
ft
111
7 Ya
7 Ya
20 Ya
20 Va
100
104
21 Va
*102
21%
104
21 Ya
41
♦39
*39
1
*2
2 Ya
25
25 Ya
—2.50
preferred
41
*24
*2
25 Ya
25 Va
25 Ya
26
26
26
103
Feb
19
Nov
30
Sep
8
Jun
101%
Feb
86% Feb
17
% Nov
29
Feb
9% Nov
26
20 %
7
Peoria ft Eastern Ry
34 Ye July
7% Nov
26
24% Jan
5
25%
25%
26
7%
7%
7%
7%
*7%
7 Ya
7%
7Ya
13%
13 Ya
13 Ya
13%
7%
13%
7%
13%
13%
137/a
13%
13 Ya
2,200
•27 Ya
28%
*28 Ya
28 Ya
27%
28 Ya
♦27 Ya
27%
•27%
28
28
28 Ya
900
45%
45%
45%
45%
44 Ya
45%
45
45%
45 Va
46 Ya
45%
46 Ya
6,200
10
10%
10%
♦10%
10 Ya
*10%
10 Ya
10 Ya
10%
10%
10%
xioy4
IOVa
400
7
*18%
19 Ya
18 Va
1,400
♦109 Ya
*26
No
18 Ya
29
22% Dec
1
30% Jan
6
Pet Milk
Petroleum
18
Oct
14% Feb
2
20 % May 15
Co
*109 Ya
Jun
4% %
30
64% July 12
Pfizer
40% Feb
13
59
July 13
49%
Dec
59
Mar
49% Dec
2
55
May 19
97%
Dec
95
3
21%
Dec
23 Yn
Dec
111%
Dec
Dec
104% May 15
20% Nov 24
4.4%
3.8%
100
1
10% May
120% Aug
109% Aug
104
Jan
21
25% Sep
115% Jun
91
Jan
28
103% Jun
20
111
16%
Oct
14
Jan
preferred
45% July
22
preferred
preferred
Phlla ft Reading Coal ft Iron
8
21
Jan
Nov
28
85
Dec
98% Mar
81
25
Dec
43%
88
Dec
109
85
Dec
101
Mar
82% Nov
ll7/a Nov
10
81
Jan
93
July
87% Jan
22
92 % Aug 31
Phillips Jones Corp
5% preferred
50% Mar
63% July
54% Jan
21
77% Jun
Phillips
Petroleum
12
Jun
18
12
10
14% May
7
Phoenix
Hosiery
30 y2
Apr
5
Pillsbury Mills Inc common
99 %
Dec
96%
Dec
96%
Dec
May
16%
Oct
10
35%
91
Sep 29
25% Mar 16
37% Nov
Feb
87
6
97% Jun
3
16
88% Oct
7
13% Sep
13
Feb
Jan
Feb
30% Dec
38% July
Feb
1
14
11% Feb
11
88
Dec
Mar
82
Dec
18%
Jan
32%
Dec
26
Dec
16
Dec
12% Feb
11
165
Aug
169
Aug
142% Nov
Nov
203
Jan
157
32 y4
Apr
7
May
42%
8YaMay
Apr
10%
Nov
15
Dec
140
Oct
Apr
169
July 15
10
77/a Nov 10
10% Feb 11
27
165
73% Feb
28
Sep
71% Mar
Dec
15
Feb
Jan
145
Jan
9
28% Jan
22
Oct
2
Jun
96
84%
1
Jan
20
Jan
20%
14
39% Jun
•
9
Oct
20
Oct
22
26% Oct
161
July
7
Range for Previous
I perahare
Range since Jan. 1
Highest
Highest
I perahare
19% May
11% May
35%
Oct
29% Feb
14
19%
Oct
12%
15 Ya
Nov
16
Feb
15% May
Dec
30% May
11% Nov 26
B
Electric Power Co
50
50
96
96
95%
95%
95
95
20%
20%
20%
20%
20%
20%
20%
1,000
25
24
24
24
24
23%
23%
23%
23 Ya
1,000
107 y4
107%
♦24
107
107%
Feb
27
28% May 25
Publicker Industries
Mar 11
Jan
101% Feb
8%
Feb
X25
38%
38 Ve
39
*85
87%
85
85 V2
37
37 y4
37 Ya
37 Ya
90
92 y2
927/a
*90
92Ya
*90
93
87 y2
*86 y2
88
•86%
88
11%
♦11
11%
•10%
11%
*
91
*88 Y4
91
•88 y4
91
*88Y4 .91
87
♦86
*10
H3/4
*10
*88%
91
*88 y4
57 Va
58
57 Ya
*85Y2
58%
♦11
Dec
94%
Dec
19% Nov 27
11%
ll3/4
83
83
83
82
82%
31%
31%
31 %
31 YA
31 y4
31%
317/a
317/a
33
4,100
16%
16%
15%
16%
157/a
16%
16
16%
15Ya
16 Ya
2,800
142%
*142
145
*142
162
*160
162
31%
8%
♦160
170
♦160
170
*160
170
*84
85
84
84
84
84
84
84
*84
85
723/4
73 V*
*72
72%
72
72
*18Ya
19%
*18%
19%
19%
20%
72%
100
19
19
100
*138
144
*138
144
1
30
30
30
30
Saturday
Monday
I per share
Nov. 30
10 Ya
10
10
39
38 Ya
39
..
38%
39
39
40%
40%
40 Y4
40%
•j 40%
41
*40
*12
No par
64
10%
*10
*
22 Ya
23 V*
22 Ya
22 Ya
23 YA
23 YA
24
25
24%
64 %
64%
64%
64%
64 Ya
64%
64 YA
64%
64 Ya
207/o
21%
11
25%
25 Ya
257/a
26
25 Ya
26
25%
25%
32 %
33
33 Ya
34%
33%
34 y4
32%
33%
15,000
28%
29 %
29
30
30 YA
30%
30 y4
30 Ya
26,000
100
No par
*106%
107%
107 Ya.
,107%
107%
•107%
107%
107%
26%
26%
26%
26%
26%
Quaker State Oil Refining Corp—10
19%
19%
Radio Corp of America com—No par
11%
11%
11%
♦67%
68%
*67 Ya
com
common
5% conv preferred
Purity Bakeries Corp
July 12
Jun
17
4
18
18
9% Nov 24
May 21
14% Jan
6
7
25% May 21
13% May 24
3
10
17
66
Aug
4
15% May 21
Dec
17
Aug
Nov
102
Jan
24%
Jan
33%
Oct
4% May
3% Dec
9%
Jan
8%
Feb
2% Dec
3
Dec
15%
Feb
5% Nov
29
13% May 8
5% May 20
11% May 21
22% May
101% Dec
30%
Feb
22% Feb
11
33% Oct
87% Nov 23
11% Nov 24
82% Feb
99
Aug 24
29% Jan
10
5
17
5,400
327/a
12%
Apr
3,900
29%
96
110
80O
64%
26
,
; m%
•
f
'
7
23
July 14
21% May 15.
102
Oct
21
*107.
107 _: 107...
26 Ya
20
*18
.
26%
26%
■
Nopar
20
•18
Reading Co common
50
4% non-cum 1st preferred
50
4% non-cum 2nd preferred
50
Real Silk Hosiery common
5
7% preferred
-100
Reeves Bros Inc
—50c
68%
7
7Ya
93%
*92
93%
*27%
29
28
28 Ya
28
27
26%
27
26
27
*32
*22%
32%
23
♦32
22%
32%
22%
42
42
*42
42%
36
36
*35
36 Ya
11%
*10%
11%
*10%
*103
12%
106
12%
♦103
12 Ya
,
67/a
92
*9%
prior preference
10
Corp
No par
Reliance Mfg Co common
5
Conv pfd 3%% series
100
Remington-Rand common
50c
$4.50 preferred
25
div
26
500
.
26%
1,000
1
20
♦18
19
100
105,000
22 Ya
42 Va
*35
10%
*103
13
*21
9%
*55
9%
*86
9%
*9
22%
♦21
13
9%
57
9%
88
9Ya
♦55
9Ya
♦85
9%
23
9Y»
57
10
88
12 Va
12Ye
12Ya
13 Y4
12%
13
68%
68%
67%
67 Ya
67%
7
67/a
7%
♦92 Va
68 Va
800
7
7%
7
7Ya
11,000
94
•92
93%
•92
93 Ya
*27%
50
*9
21
9 Ya
55
9%
*85
28-
28
28
28
26%
26 Ya
21 Ya
27%
28%
27%
28 Ya
32 Ya
32
32%
31 Ya
32
32%
32%
600
22%
22%
22%.
22Y»
22%
22%
22%
1,600
28
600
4,200
43
•42
43
*42
43
36%
36 Va
36 Ya
*35%
31 Ya
*35
37
200
10%
10%
10%
10 Ya
10%
*10%
11%
500
42 Va
106
13 Ya
9%
21
9Y4
57
9%
88
*42
•103
106
Xl2
13
*9 Ya
9%
♦21
22%
9
9 Ya
*56
57%
9%
♦85
9Ya
88
*103
.
12 Va
*9 Ya
21
8%
56
9%
♦85
106
♦101
12%
12 Ya
9%
♦9
21
12%
— —
2,000
9%
21 Ya
200
8 Ya
8%
3,800
•55 Ya
56%
*20%
8%
56
10
88
106
200
97/a
.*85
10
70
13,600
88
<—1
Reo Motors Inc
Republic Aviation Corp
common
11%
11%
11%
11 Ya
11%
11%
12
12 Ya
-1
50c
10
7%
*7%
7%
7Ya
7
7%
7 Y4
8
8
8Ya
77/a
8
4,600
7,700
2%
2%
2%
2%
2%
2 Ya
2%
2 Ya
2%
2%
2%
8,600
5%
12,800
31,000
$1 convertible preferred
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper ft Brass com—No par
preferred
•18%
26%
8,000
28
Ya
*32
106
12%
68 Va
92
*67%
7%
(Robt) ft Co-
5Yi%
21
108
'•*
1
11%
*92
Reliable Stores
Republic Pictures
•19
•87
■
12
7
1
100
Ralston Purina Co 33A% pfd
Raybestos-Manhattan
No par
Rayonler Inc common.
1
$2 preferred
25
$1.25
26%
21
87%
t
$3.50 1st preferred
Radio-Keith-Orpheum
Reis
Dec
24%
■
32%
15 Ys May 27
106
Nov 16
21
For footnotes see page 28.
900
28%
24
91
9,700
X25%
10% Feb
15% Nov 26
11,500
6%
29%
2
May
13 YA
6%
12 Ya
X13
6 Y4
32%
27
Jan
12
13%
6%
*12
13 Va
29%
Jun
103
12
13 %
6Ya
12
6Ya
32%
(The)
Apr
113% May
24% Feb
12 Va
13 Ya
6%
HYa
13 Ya
6%
26%
com
Inc
Pure Oil
27% July 12
9%
12%
13 y4
12 Ya
13 %
23%
1,300
6%
12
13 Ya
64
300
7,300
41
*40
Nopar
No par
Inc
$1.40 div preference
Pullman
39
6% Feb
40
com—No par
Pub Serv El ft Gas
5
Jan
45
9% Nov
40
41
120
16
Nov
41
Shares
10 Ya
39 Ya
9,300
24
8% Dec
,
*10
40%
13%
6
10 Ya
397/a
12%
6
*10
40
Sales let
the Week
I per share
2,900
20
55
10 Ya
*10
38%
*10
• per share
20%
Feb
Feb
f per share
Friday
Dec. 8
Dec. 2
20%
31
Feb
I per share
I per share
Thursday
Dec. 1
.
20%
16% Feb
84%
Wednesday
Tuesday
Nov. 29
20 Ya
36% Feb
17%
2,600
20%
39
Dec
29%
20%
22% July
48% July
Dec
1,200
144
29%
20Ya
Dec
62
*138
30
207/a
Nov
10 %
144
28%
*20%
37
Oct
*138
150
21
20%
21%
26%
33
21
29%
72%
*71%
21%
May 17
Feb
29 Ya
180
"
No par
July 28
Nov
144
*138
29%
72%
1,000
84
36%
35
29%
144
29%
83%
21
20%
3,000
15%
170
87 y4
28
14%
♦138
Y4
*71 %
8%
8%
15%
*160
21%
31
Dec
8%
15
170
87
Feb
12%
8%
*14%
♦160
10,000
21%
88%
20% May
8%
15
170
30
31%
*36
98% Jun
Sep 30
Jan
162
36%
34% Jun
10
11% Feb
148
31
87 Ya
32%
101
14%
*143
*159
32
36 %
x36
Feb
14 y4
144
132
31%
36
20
16 Ya
8 y4
8%
*14
*142%
*160
32
20%
28
108% Mar
31 Ya
146
162
142 Ya
35%
22% Feb
May
♦160
32
8 Ya
8%
14%
14%
•
50
*87 YA
Feb
11
30%
32
8
14%
y2
.
35%
Dec
Oct
145
162
*159
31%
*81Y,
88 Ya
32
96
83
20%
75% May 27
11% May 19
Feb
2,000
31%
*81
,i
/
*165
*70%
30
12%
35%
20%
7
18%
12%
..
87%
41
9% May
12%
600
115
20 Ya
11
July
12
31%
100%
100%
*102
20%
17% May
16% May
12%
11,300
12%
31%
101
115
57%
*11
30%
101
•102
11%
57 Ya
35%
6% Oct
Jan
58 Ya
90%
63% Feb
Nov
88
105/e
35 Ya
80% Feb
89
300
*86 Ya
13
30%
92Ya
20 y4
28% May
Dec
11%
*11
11,000
*90
*88%
15
Jan
13
*11
13
57 Ya
37%
21
20
105% Mar
*11
58%
57 YA
Qfr
85
36%
35%
7% Feb
15%
57 Ya
*84
90%
33
'
8%
13
-
36%
35%
Feb
10%
.10,100
x36Y2
87%
36%
R
7% May
68% Dec
39%
39 Ve
86 Y2
*20%
May 18
108% Sep
3
11
Feb
38%
39%
37%
83
14%
24,600
87 Y2
*81 Ya
31%
20%
40
16%
142%
20%
20 Ya
12
*159
100<
20 Ya
20%
*86
13
200
20%
20 V4
363/4
86%
380
97
106 %
39 Y2
91
83
108
*96%
*105Y»
21%
*86
93
32%
1077/a
97
106 y4
*88%
53
13
36%
20%
*96
*105
20%
12
Public
42
5
109%
106%
25% May 25
10
32% Nov 24
Oct
.
5
Apr 26/
39% July 6
24% Jun 25
30% May 15
30
Dec
97
*96
*105
180
$4.75 cum preferred
No par
Service Co of Colorado—20
94
15
24%
107%
107
96
106
ll7/a
*22%
81
x25% Feb
107%
96
105 Y2
30 y4
preferred series A—50
18
32% Jan
conv
107%
96
107
115
5%
Procter ft Gamble
4%%
*95
107 Ya
96
107
96
107%
16%
480
96 Y2
20%
26
32
2,800
207/e
101%
♦81
2,200
11,400
96%
30%
1
*
20%
20%
*102
11%
16 Ya
X96 %
98
*100%
13%
35% May 21
71% Jan
9
24% Dec
50 Ya
30 y4
1
16
Feb
49%
115
10
29
Dec
50
1017/a'
No par
Pressed Steel Car Co Inc com
106%
Mar
class
Potomac
25% Nov
20
Co
Poor ft
14% July 12
11% May 18
62% Feb
61%
50
•16
LOW AND HIGH SALE PRICES
16% May 20
22 % Nov
29%
50
Nov. 27
28
20% Nov
51% May
21% May
24
Feb
Feb
50
*30
STOCK
5% Nov 26
12 % Jan
*
Jun
Nov
38% Jan
51
*102
Far
43
32% Jan
51
*100%
EXCHANGE
71 Ya
102%
51
30%
1
6
85%
51%
115
Pond Creek Pocahontas
Jan
Dec
48
50%
1013/4
46
33
May
46%
51
2,800
16%
467/a
50%
30%
5
5
Dec
57
16
46 Ya
51
*102
Plough Inc
Plymouth Oil Co
Jan
38
33%
16 y4
46 y4
49 y2
♦100%
12% July 28
70% May 4
14%
Apr
Dec
16%
46 y2
30%
9% May 10
Sep
May
16 Ya
47
50%
115
8 per share
21
9
16 Ya
49%
12
♦11
23G
11%
46 Ya
37%
57%
400
102
11 Ya
16%
88 %
*88%
71,300
22%
50 Ya
39%
*85
400
9
47%
36%
♦11
*101Ya
11 Ya
ny4
16%
21
*89
102
*ioy4
50%
101%
I per share
10
ll7/a
28,000
11
47%
39%
preferred—No par
NEW YORK
Lowest
•101%
11%
*
•
16%
STOCKS
Tear 1947
Lowest
101 Ya
11%
'
50%
*86%
com—No par
Pittsburgh & West Virginia
Pittsburgh Young & Ash pfd
Pitts ton Co (The)
46% July 13
101 Ya
11%
—-
48
20%
preferred class A
—100
5%% 1st ser conv prior pfd„ 100
23
101 Ya
11 Y»
5%
82% May 10
9
13
*22Ya
*30%
Pittsburgh Forglngs Co
1
Pitts Ft Wayne ft Chic Ry com—100
7% gtd preferred
100
Pittsburgh Plate Glass Co
10
Pittsburgh Screw ft Bolt
No par
Pittsburgh Steel Co com
No par
7% preferred class B
—100
155
22%
*102
Pitts Consolidation Coal Co
16
10% May
171
May
17% May
convertible
22%
*100%
36% July 15
24
.93%
38%
$5
22%
25
100
RR
23% Jun
10
59 % May
67
Jan
200
Pitts Coke ft Chem Co
15
22%
Nopar
10
July 28
23
101 Ya
100
preferred—
Pitts C C & St Louis
93
3
8%
11%
5
13
Feb
140
Oct
$4
8%
101 Ya
No par
Sep
30% Nov
Feb
•
114
8
8%
11%
——100
new_No par
100
com
15% Jun
Mar 16
16
113
preferred.
3.60% series preferred
4%
15
103% Jan
Jun
163%
8
34% Jan
1
98% Apr
110
July
500
*ioy4
101 Ya
Corp common.
3
3%% preferred series A
100
Philip Morris ft Co Ltd common—5
19
108
102
9
Jan
93
8Y4
11%
*95%
93
77/a
101 Ya
107
93
8
11%
*107
*91
1
♦lOOYa
Philco
Jun
300
93
93
9%
*22%
*24
31
r}&
23
No par
10o
21% Nov 29
19
Jan
$1 div preference com
*30
9%
*22%
.-100
4.3%
3
31
Ye
23%
20%
9
Nov
Co
160
31
11%
7%
800
107
31
105%
u
.
10%
7%
51
17
*9 Ya
13
%
8
♦97%
10
22
103% Sep
Dec
92 Ya
No par
8
Jan
29%
Electric
*104Y2
92 Ya
common—No par
$6 preferred
Phlla
107
93
16%
14
♦104Ya
93
25
50
24% Jun
38
*92 Y4
*47%
50%
Phelps-Dodge Corp
Philadelphia Co 6% preferred
33,700
*37%
*30 Ya
1
46 % Nov
7,200
17%
17%
38
104 Ya
23%
17%
17 Va
37%
31
77/a
17%
17 Ya
38
105
10
18
500
29
17
31
11
177/a
800
.
112 Ya
38
104
11
18%
*26
*110
17
31
*92%
18 Ya
29
112
38
105
No par
Brewing Co
(Chas) ft Co Inc
Jan
Dec
18
17%
177/a
18
•25
*109%
16%
31
5
62%
112
37%
Ya
*104
100
48%
17%
18%
29
*26
32
7%
Corp of America
17%
Xl8%
•109%
105
*97/a
preferred
Apr
17%
18%
29
112
*31
No par
Co common
May
95
18 Ya
*26
*109%
112
*104
loo
36 y4
109% Aug
27% Jan
17%
33 %c
Pfeiffer
37
14
19
29
*26
112
If
May 19
17% Jun 21
13 V2
17%
par
Rights
104
2%
7%
Pepsi-Cola Co
11
2 Ya
2%
13%
120
Sep
55%
28
200
.
24%
26
2
2
2
13%
Light Co
118%
9% Feb
40
8,000
17
98% Oct
40
5,900
39
Dec
39%
2%
163/a
12
39%
25 Va
*38 Ya
8% May
27,800
25
16%
May
21 Va
25 Ya
37%
Jan
20%
25
16%
34
10
21 Ya
*7Ya
RR
Dec
23
103%
21
25 Ya
37%
21
♦102
1,000
25
50
May
102
6,400
25%
Pennsylvania Salt Mfg Co com—lo
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light ft Coke
100
112 Oct
102
180
7Ya.
20%
1
Penn Power ft
22
7 Ya
X20 Va
2
July 6
22% May 24
Dec
'41
7%
20 Ya
3,000
25
48
May
♦39%
7 Ya
20%
100
V
2Ya
18
Dec
6
41
21 Ya
X20%
15%
95 Ya
.
25%
27
21
104
21 Ya
*39 Ya
7%
36,400
52
52
95
.
2,900
42,300
8%
*14
53 Ya
95 y4
21
20 Ya
*102
104
21 y4
15 Ya
<
52
95 y4
8,600
4%.
25 Ya
Oct
81 y4
22 y8
•102
21%
7%
'
*14
Va
5
Co
45%
-
*102
15%
53 Ya
95%
52 Ya
*94
7%
37
Oct
*14
15 Ya
51 Ya
95
.•
20 Ya
Feb
99
8%
51
Jan
Apr 22
45% Jan
6
8%
7Ya
Corp
Cement
Pennsylvania
8%
95
51%
22
6%
*14
14%
26%
Apr
8%
53
Dec
20
8%
95
May
15%
38
8 Y4
51
17% Sep
16% Feb
20 y4
4
20 Ya
Enterprises
Coke
ft
4%^
com—No par
100
Penn Glass Sand Corp
13 y2 May
29
Sep
Coal
'4%
Shares
3%
41%
Nopar
Penney (J C) Co
15% Jan
10
4%
3%
40 Va
No par
49% Jun
38% Feb
Oct
4Y4
3%
41
No par
27
Feb
16 Ye
4%
7%
Co_
Sep 16
48%
4 Y4
'
Penick ft Ford
Apr
3%
40%
20 Va
l
Transportation
Mines
3%
40%
♦94
No par
7*
Jan
Patlno
3%
39%
7Yt
Mines
Parke Davis ft Co
Parker Rust Proof
14%
the Weak'
3%
*39
20 Ya
1
Park Utah Consolidated
37
24
15%
55%
95
galea far
1 per share
39%
3%
3%
40
1
Inc
Parmelee
Feb
55%
•94
Friday
Dec. 3
Dec. 2
9 per there
»
No par
preferred
27% Nov 30
15 y« May
*143/4
par
_100
■—
Thursday
Dee. 1-
$ per share
I per share
4%
10
May 17
16% Jun J8
9
Nov
38% May
6% Mar 16
4%
Park ft Tilford Lac
May 21
3% May 17
Mar 16
Nov 24
4%
Car..
Paramount Pictures
51
2
No par
4%
26% May27
25
3%
39 Ya
Panhandle Prod ft Refining
Paraffine .Cos Inc com
8
Jan
4% Jan
3%
40%
4%
May 27
43
87/» May
32% Sept
7
11
May 17
28
2
34% Feb
53% Jan
12
Jan
18% Feb
32% Jan
Nov
97
July
3%
*39 Ya
American Airways Cofp
2%
Pan-American Petrol ft Transp—_5
11% Jun 21
20
96 y4
Oct
l
Motor
Wedneedny
Nov. 30
1 per share
10
Packard
(2341)
Tuesday
Nov. 29
$ per share
Pan
Dec
Y4
90
Par
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
2
Monday
Nov. 27
6% Apr
6
62% May 21
5% May 17
4% Feb
Feb
sy4
Saturday
EXCHANGE
-
t per share
39% Nov 29
Oct
4%
CHRONICLE
LOW AND HIGH SALE PRICRf
NEW YORK STOCK
'Lowest
7
FINANCIAL
•TOCK8
Tear 1947
Lowest
3Y2 May
21% Jan
&
:
100
2%
**
6%
25%
6%
26
5Ya
6
25 Ya
26
11%
5%
25
5%
55/a
25%
*25 Ya
*104%
11%
6
26
106 Ya
*105%
108%
•105Ya
106 Ya
105 VA
105 VA
15%
15%
15 Ya
16 Ya
15 Ya
15%
15%
16
99 y4
99 VA
99 YA
99%
99 VA
*99%
100 %
99 VA
5%
26
•105
15 Ya
•99 Ya
12%
57/a
5 Ya
26 Ya
26%
107
16Ya
100
12 Ya
*
26%
104 VA
106%
100
15 Ya
16
4,800
•99 Ya
100
290
-
COMMERCIAL
THE
(2342)
Highest
t per
f per share
Nov
5
9
6%
Dec
Jun
39
Jan
19% Nov
May
124
Jan
92
Mar 19
29
44%
Feb
34% Nov
10
60 %
Dec
45
Nov
19
Feb
80
Oct
14
41% Jan
2
50
Jan
8
Common
Jun
1
Preferred
May
85
Dec
19
Apr
25%
Feb
17% NOV
30
24% May 18
13% Jan
18%
Dec
15 % Jan
26
49
Jun
21
23 % May
31
Feb
19% Nov
17
28
Jun
15
5%
104
4% Sep
10% Mar
Sep
6% Feb
19%
20%
Dec
Sep
Nov
5
19% Feb
18
12
14
15% Mar
17
68%
Oct
54 % Dec
3
72
17 %
Dec
26%
Feb
9% Dec
2
18% Jan
Dec
26% July
Nov 30
21% Jan
24"%
Roan
108
114% Mar
Dec
40
17
107% Sep
21
Jan
39% Feb
24
Jun
55%
Jun
113
57
Dec
60%
Dec
58
Jan
29
Oct
8
Feb
13
98% July
79
9
80
12
Jun
Dec
16% July
Jun
101
26% July
25%
*25%
25%
25%
23 %
23%
24
24
24
1,700
19%
60%
10
19%
20%
2C
20%
19%
20%
2,100
60%
61%
61%
61'/a
"54%
56
54%
54%
1,500
9%
9%
9%
9%
9%
9%
8%
1,500
9,200
39% May
55
Feb
44
19
62% Jun
1-5
100
10
A
Feb
,
*83
Feb
Mar 25
5
29
Feb
5% Mar 17
Feb
9% Mar 16
8% May 15
1
14% Jun
110
Jan
94
Feb
26
104
Jan
20% Apr
24% May
30%
Dec
24% Nov 26
40%
Oct
30
Feb
11
May
33%
Jan
17% Feb
11
27% Jun
70
Dec
82
Feb
68
Shamrock
46% Oct 22
18
14%
11%
21%
Dec
Dec
Feb
25
9% Nov
Feb
36% Jun
78
30'
2
$3.50
Apr 21
Shattuck
15% Jan
2
13% Oct 20
22
Feb
12
24% May
35%
Dec
28% Feb
11
46% Jun
9%
Feb
5
Dec
1
7% Jan
5
4
6%
Feb
4% Dec
1
7% May 18
Apr
Mar
9
Nov
15
Oct
23
May
18
24
29% May
87% Dec
11
10"
92% Feb
39%
Oct
102%
Jun
Feb
Dec
35%
Jan
13% Mar
17%
Dec
"3%
6%
"5%
May
Oct
8%
Apr
14% May
22% Jan
Apr
98
July
Smith
Jun
1
Pen Co
Oil
14% Feb
11
23
Jun
14
24
8% Oct
4
17'
7
22
16% Jan
2
39%
39%
39
41
4,200
37 %
37%
*7%
7%
7%
200
38%
39
38%
39%
38%
39%
25,700
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
1,600
6 %
6%
6%
9%
10%
10
100
6%
.
8
Carolina
South
8%
*9%
4%
24%
*
93%
Jan
63
Aug 25
22% Nov 13'
29% Jan
20% Feb
30% Jun
26
7% Jun
73
20
Jan
14
May 15
May 14
90%
Feb
61% Mar 17
74
18%
Feb
15% Feb
23% May 15
45%
Jan
21% Aug 19
112%
Feb
95
16
29% Jan
*
104
Jan
2
$4
400
36%
21,400
9%
13%
13%
13%
13
13'
37%'
36%
38%
38%
40%
13%
•
5%
4%
26
36%
38
24
29%
17
5%
5%
5%
7,000
4%
*4%
4%
3,100
26%
3,500
5%
5%
5
5%
4%
4%
4%
4%
4%
26%
26 %
26%
26%
26%
x26
36
*35
*35
36
24
24
22%
21
21%
*35
36
22%
*110%
*20 %
21
21
24
24%
24%
25-
28%
28%
28%
68,500
112
20%
*81%
36
22%
22'%
22%
112
20%
20%
29
26
26%
112
112
111
24
28%
29%
*35
36
20%
21%
X36
5%
4%
-
5%
1,100
400
24%
4,600
28%
29%
25%
28%
3,500
83
*81%
83
50
94
94%
*94
95
200
*17
83
17%
17%
800
*81%
17%
16%
16%
16%
17
16%
17%
16%
17
97%
97%
97
97
97
97
97
97
3%
3%
7%
7%
45%
54%
12%
40%
38%
*11%
7%
3%
7%
7%
7%
7%
3%
55,400
800
3%
7%
3%
3%
3%
3,700
7%
3%
7%
7%
7%
11,000
*42
45%
*42
45
*42
45%
*42
45
*42
*52
55
*52%
55
*53
55
*53
55
*53
45
55
11%
11%
11%
11%
11%
11%
11%
11%
11%
11%
40
40
39%
40
40 %':
40%
40%
40%
40
40%
38%
36%
37
37%
36
36
*35
37%
300
28%
29%
28%
28%
28%
29%
28%
29%
3,700
27%
27%
27%
27%
27%
26%
27%
4,900
49%
50%
49
*37
*35
3,900
900
28%
28%
28%
27%
27
27%
26%
—No par
48%
48%
47%
49%
47
48
48%
49 %
50%
19,700
Railway common—No par
preferred—
4
100
39%
*60%
39%
61%
39%
40
38%
39%
39 Ye
41
41
41%
40%
41%
7,500
60
60
59%
60
60%
60%
59%
59%
60
60
'
1,100
*68%
69
68 %
69
Co
100
tr ctfs
..
*68'/a
*68 %
69
/
X per thare
Par "
Kellogg
*68%
69
LOW AND HIGH
Saturday
Nov. *7
STOCK
*4%
*4%
*62
22"%
26%
1
No par
i—1
.....
& Sons
_■
preferred.-
14
4%
5%
68
22%
,14
'
26%
8%
67%
16'A
22%
96%
8
66%
16%
22"%
96%
...
29
12%
x9 %
16%
*52
Sperry Corp (The)—————1
Spiegel Inc cdmmon—...
—2
Conv $4.50 preferred—-No par
Squar-DCo.
1
5
Squibb (E R). & Sons common.—1
18
7% Mar 16
1,200
12%
9%
27%
$5.5o preferred
Spencer
9%
9%
25
Spear & Co common
,
2'
9%
9%
7.50
Edison...
Spalding (AG) & Bros Inc.—l—1
Sparks Wlthington—
.....No par
5
100
9%
8%
*76%
98
*37
California
,
25
4,300
79 %
77%
3%
*42
EXCHANGE
8% May 27
4,500
23%
29%
X per share
4
37%
23%
*76%
16%
'
4% Nov 30
37
79%
97%
*40
NEW YORK
20% May 20
37%
23%
77%
*13
8,900
9"?
78%
*77
20
28
37%
*76%
79%
STOCKS
Feb
27%
3%
—25
_
Mobile & Ohio stock
6
Range since Jan. 1
Lowest
Highest
Jan
27%
27
17%
16%
97%
Sugar com.No par
preferred
Range for Previous
7%
26%
25%
3%
5% ,non-cum
July 12
14%
6,700
*5%
6
16%
97%
1
.—50
——50
Feb
2
10%
101%
25%
37
'5%
*17
Greyhound Lines—5
Porto Rico
Southern
9
Jan
10%
*99%
25%
*13
com_4.50
Co
& G
preferred
conv
Southeastern
15
E
preferred
5%%
Pacific
73
1,100
10%
101%
x6
17%
Southern
i
6'A
10%
*99%
6%
26
13%
8
101%
101
17
Southern
X per share
*99%
*99%
10
'
10%
6%
10
10%
100
*7%
7%
17
& Platinum—
400
7%
17
.
4,200
38%
17
9
13
39
37%
94%
23
12
1,800
39%
94
70
27
Nov
17
94
62% July
Nov
57
17
82%
50 % Jun
99
21%
57
17
94
11
t
20%
57%
16%
82%
31
Dec
21%
57%
17%
94
20
Nov
21%
58%
17
82%
58 % Feb
-
21%
58%
17%
94%
33% Feb
13% May
20
58%
*82
43% Feb
68%
19%
■>.
19%
*57
17
7%
38%
*24
620
81
17%
20
58%
*93%
Dec
27
•81
30%
5%
6
Oct
60
11% Nov 30
17% Feb
81%
82%
50%. Jan
May
*80%
*29%
50%
8
81%
38%
6%
*5%
4%
—_
28
31% July
24% Oct
81%
*81%
*93%
preferred
Southern Natural Gas Co
Sep
16% May
81%
100
8
*13
—10
Corp..v—
30% July
Dec
6,000
com—20
South
22
45% Aug
(AO)
30% July 12
23%
12%
39
38
t
5
....
South Amer Gold
May 17
5
Co
25% Mar 16
73-
12
100
4.20%
preferred
—100
Smith & Corona Typewriters.No par
Socony Vacuum Oil Co Inc
..15
Solvay American Corp 4% pfd-.lOO
16
104% Jun
5
Feb
12%
*7%
10'A
*9%
—15
l__.
20 % Feb
4% May,
8
May
12%
22%
Corp of America——4—1
3%%
9
13% Dec
12%
36%
Smith (A) <fc Sons Carpet.Co
9
26
nighest
12%
00
23
29
X per share
80
12%
20%
12
Year 1947
87%
88%
35%
Feb
Feb
81 %
91%
88%
21%
Jan
20%
82%
*89%
88 %
35%
28%
May
*81 %
91
*87%
21
34»/2
15
12%
*89%
87%
35
Dec
Lowest
12%
200
90 %
22%
July
34% Apr
8 per thare
12%
22.400
87%
109 %
Sep
Oct
*87%
87%
*19%
Nov
69
88%
88%
107'/2
42% Jan
Aug
*89
90
20
43% May 24
81
88%
*88 %
110
36 % Mar 17
Nov
47
20
36
68
47%
4,500
29%
47
110
Dec
77
28%
47
20%
Jan
57% May
12%
29%
47
*19%
42%
May
12%
28%
47%
.20
56
22
12%
28%
.15
37% May
27
12%
28
x47
35%
No par
180
13
xl2%
12%
28%
47%
x37 %
10
27,000
83
12%
*47
*46%
20
83
83%
83
28
127/a
28
21%
Sloss-Sheffield Steel & Iron
17
Dec
12%
27%
83
x83
83 V.
*83
70
9%
8%
9%
8%
8%
35
Skelly Oil Co..
40%
Nov
83%
8%
8%
22 %
78%
21
Jun
25 % Oct
19
Feb
83%
8%
8%
*35
18
Jun
8%
.."21
90
5% Mar
91
21%
111%
39% Jun
39
116
91
36%
1
52
•
*111
91
26 %
9
Jan
54%
.
Nov
42
116
*39
21%
,*111,
81
3% Nov
*111
91
26
28% Dec
Feb
114
*89
26
Silver King Coalition Mines—
3
Nov
112
93
*35
35% Jun
96
110
*88
35%
G)„>.
39
39%
39%
*107
93
No par
91
23%
3,800
39%-
39
110
*88
No par
29
Sep
39%
38%
38%
39
106
No par
-
160
11
Nov
20,900
Sinclair Oil Corp.—
44
Dec
10%
Simonds Saw & Steel
36
35% Mar 13
117"%
10%
Simmons
26
Feb
Mar
11
8
26
51
May
65
10%
Jan
Jan
Apr
14
Feb
38 %
10%
38%
*99% 101
*77
860
8,700
10%
May 15
41
39
15
10
32% Jun 21
27% May
18% Dec
10%
48%
22 %
(W A)
Union
Shell
Sheraton
48%
10
47
35 %
„
17%
111%
48
25%
Gas
17%
*110%
48
11%
10%
„
17%
110%
17
110%
48%
1
&
Corp..—:
(Frank
Sheaffer
15
•6% May
No par
17%
111
No par
pref series A_i.No par
conv
700
26'A
47%
NO par
Oil
8,700
47%
25%
Steel
Sharon
3,300
10%
10%
47%
17
8%
*11
*6
Sharp & Dohme common
10
5%
39
39%
.
1
$4.50i-prefefred
31
200
-
.
5%
10%
„
9%
9%
9%
110%
111
111
47
*56
39
*7%
.
5
...——1
Servel Inc common
19%
39
d-L———-5
Co——No par
Co
Seiberling Rubber Co.
12% July 12
16 %
16 %
of Del—.—No par
Seaboard Oil Co
*54%
55 %.
17%
17%
17
17%
111
17
17
„
17%
111
58
*56%
Finance Co.————1
Seeger Refrigerator
10% Apr
5
—100
A
series
preferred
5%
Seagrave Corp 1
Sears Roebuck &
31% Feb
82%
19%
Seaboard
14
48
90
88%
12%
*81 %
preferred
59% May 6
8 % Oct 25
4
43% Nov
35% Feb
16%
Dec
pfd
100
3.35%
11
Dec
10% Feb
40% July
Oct
No par
No par
Seaboard Air Line com v t c._No par
20% Jun
Dec
101
12%
10
10 % May
6%
.100
(The) common—5
3.65%
Co
8%
83%
12%
27%
8%
12%
27%
*46%
*88%
*87%
15% Feb
43%
5% May
30% May
11
Elec
110
94
110
*89
*—5
Paper Co common
Scranton
39%
38%
—100
Corp
Arms
19% Nov
Dec
Mar
23
-
17%
17%
110 . 110 ,
48
48%
10%
10%
.
Ry Co—100
preferred
non-cum
21%
*21
•
series
Scovill Mfg Co
7
17%
-
19%
59%
*9%
1
No par
5
f——:
(Jacob)
$3.40 preferred
6
22,900
25%
preferred
Joseph Lead
Scott
Apr 12
21
23%
102 % July
87
26
20%
19%
Dec
7
25%
25 %
90
11
26%
23 %
88
Oct
25%
19%
Sep
13% Feb
25%
25%
103%
79
24%
23%
Dec
Feb
18%
25%
19%
Dec
24%
18
3,200
26%
92
98 % Mar
2,700
19
23%
40%
Dec
85
18%
19%
39% Mar 10
11% May
45%
*84%
*84%
23%
Jan
7
*44%
85
18%
*45
84%
*25%
49%
83%
17%
24%
45 %
84
45
84%
26%
Savage
Jan
18
25%
45
18%
45
84%
23%
Schenley Distillers Corp..—.—1.75
18 %
18
25
90
45%
85%
18
46
*45
23 %
15% Aug 24
13% Nov
84%
46
90
*25%
35% May 21
24
11,500
2
Wks Inc
5
15% Jun
35%
;—l.25
preferred
conv
10
93% Apr
35%
10%
18
3
35%
1C%
Feb
Dec
35%
10%
8% Feb
12
35 %
10%
25% Mar
87% Nov 30
35%
10%
5%
9
35%
10%
Feb
Jan
35%
10%
Jan
95
•35%
10%
11%
5
900
35%
3,800
10%
55%
Nov
6%
18
St Regis Paper Co common——'_5
1st pfd 4.40%
series A
—100
May 27
6%
6%»
10%
7% May
23% May
51
6%
Controls com..1
Preferred
91% May 20
6%
5%
St Louis Southwestern
16
6%
5%
5%
13% May 27
6%
5%
Ruberoid Co (The).——.
139% May 28
*6%
21 %
Royal Typewriter
48% May 15
2
6%
85%
18%
vtc—.100
11
Jan
6%
24
5%
5%
11
32% Feb
67
Jan
102%
"20%
6
8% Feb
Dec
Dec
12%
102 %
*84
t c—No par
37%
23%
103
5%
St L-San F Ry Co com v
68%
24
*101%
21%
St
Dec
22%
101%
22
5%
9
May
5% May
22%
101%
*20 %
Safeway Stores common
18
21%
101%
5%
Ruppert
66
21%
101%
21%
2
61% Jun
22%
101%
5%
6*
16
13,400
21%
*20%
S
x20
Sharer
26%
21%
5%
4%%
May 28
the Week
5%
5
5%
5%
5%
5
101 %
6%
35 %
—1
share
X per
Sales for
X pe. thare
X per thare
25%
*21
*5%
Ronson Art Metal
27% May 27-
Mar 16
Oct
42% May
5%
5
Dec. 2
Dec. I
5%
5
Friday
Dec. 3
Thursday
Wednesday
S per share
I per share
6%
35%
*44%
100
PRICES
SALE
Nov. 80
103
*102
1
10
10
HIGH
Tuesday
No par
—No par
Antelope Copper Mines
Robertshaw-Fulton
11
AND
Monday
Nov. 29
22
*21%
Corp.—
Ritter Company..
July 12
23% Oct
——
5 '/a
5
Oil
Richfield
29% July 12
8
t
series
3.60%
Rheem Manufacturing Co
7% May 21
29
2.50
Inc
Reynolds Spring
Reynolds (R J) Tob class B
94
45
I per thare
Reynolds Metals Co cqm
No par
5%% convertible preferred
100
11% May 26
6% Nov
36 & May
Rexall Drug
29% Apr 22
104% Jan
5
Feb
16%
May
Nov. t'7
Par
May 15
8
9
',19 ft
9
LOW
Saturday
STOCK
EXCHANGE
r
X perthare
share
11%
90
Feb
Highest
Lowest
YORK
NEW
Range since Jan. 1
Year 1947
# per thare
RECORD
STOCK8
Range for Previous
Lowest
STOCK
YORK
NEW
Monday, December .6, 1948
FINANCIAL CHRONICLE
&
No par
Monday
14
4%
*4%
*13%
14
*13%
4%
4%
4%
4%
4%
4%
4%
*4%
4%,
5
13%
14
5%
*4%
*62
68
22%
23%
23%
*23
24
23%
26%
27%
26%
27
27%
26%
8%
8%
8
*62
68
27%
8
8%
8
8%
the Week
Shares
■
5%,
4%
*4%
5%
1,100
13%
13%
14
5
.
"
2.JQ0
200
5%
68
"62
68
22%
*62
Sales for
X per share
X per share
X per share
14
Friday
Dec. %
Dec. 1
X per share
69
Dec. 8
Thursday
Wednesday
Nov. 30
$ per share
69
*68%
PRICES
SALE
Tuesday
Nov. 29
*
*62
68
24
*23%
24%
-27 %
26%
27%
7,500
8%
8%
8'A
10,000
900
66
"65%
16%
17
16%
17%
16%
17
17%
17%
; 17%
17%
7,000
21%
22%
22%
22%
22%
23%
23%
23%
23%
23V4
1,800
96%
96%
96%
96%
96%
96 %
97
97%
20%
20%
20%
20 3/8
20%
*65
*65%
67
65%
66
66
66
<
220
66
97%
*97
180
"
23%
Dec
83
Dec
37% Jan
81
89
20% Nov 30
29% Jun
3
Aug
79% Oct
91% Jun
10
36"%
Jan
17% Nov 30
114%
Feb
86
125
Feb
97% Feb 27
63
July
102
17% May
May
May
50% Mar
37% May
44% July
63
80
23%
94
Mar
Jan
July
31% Aug
Dec
105
Jan
18
Feb
11
54% Jan
27
16
Oil
Standard
Oil
of
14
Standard
Oil of
89
Oct
14
18
Jan
49
'
Jan
104% Mar
11% Feb 10
Feb
11
Sterchi
8
7
Sterling Drug Inc commons— —5
3%%
preferred
I
—100
19%
Feb
12% Feb
24%
Oct
10
9% Dec
105
51
114
11
21%
Jan
2
15% Sep 24
17
May
Feb
11% Jan
25% Feb
t
*
% Nov 30
July r
May
Dec
7% Jan
16% Mar 16
f
15%
Feb
109%
Apr
75% Mar
125
Oct
6
.
6 % Nov
92
Oct
18
Sep
18
20
Jan
Jan
Bros
(J P) & Co Inn
5%
8
18% July 1
29% Jun 15
,
11% Jan
20
98%, May 25,
70% Nov 24
11
9
120
.July
Chemical Corp common
1
$4.5Q series. A preferred—-No par
Sun Oil Co common.
Class A
15% May 24
21 % Jun
preferred
series
4%%
preferred
series
43
July 13
Sunshine
13% Mar
9 % Mar
l
11% Mar 31
28% Jun
9
Sunshine
160
18% Feb
Pec
140
May
May
24% Feb
14
14% Jan
21% Oct
13
36
47
•For footnotes
Mar
see
Mar
Peb
34 % Nov
11
.1
21%
7%
>" *91%
7%
"94
1.3%
Mining Co...
Superheater Co
:
(The)J
.Jun
17
9
29
44 % Jun 14 '
Sutherland Paper
16% Jan
Sweets Co of Amerioa (The)
19
!No
Co.,
1.10
4.16%
.
110
110
110
63%
64%
65%
64%
38%
38%
393/4
40
40%
71
71%
711/2
23%
24%
24
12 %
40
*36%
...
*92%
.
40 %
72%
24%
72%
71%
72%
46,500
24%
25
24%
25%
'25,200
*92%
723/4
94
94
*92%
12 3/4
13
13
40
40%
40%
40
40
38 %
36%
36%
*35%
37
37
37
37%
37%
500
13%
1,000
12%
33%
12%
12%
12%
333/4
,
133/B
13%
13%
133/4
10
10%
10%
10 %
*16
16 %
16
14
14V4
.
.
33%
t
13%.
*13%
33%
33%.
33%
*89%
25
13%
.
243^
xl3%
-133/4.
22
21
21%
18,100
6,300
x20%
21%
6%
6%
:
-
6%
" 67/8
92%
62%
115%'
115%
1153A
60
11%
11%
16,400
18%
18%
7,100
19%
13,700
93
*62
62%
116%
116%
"115
116
*115
Xll%
11%
11%
11%
11%
11%
11%
11%
18%
18%
183/4
18 %
18%
18%
18%
19 %
19%
19%
19%
19 %
19%.
383/4
38%
38 %•
39
39%
9%
9%
9%
9%
23%
23%
23%
23%
38%
9%
9%
9%
24%' 24%
*147
154%
14% "14%
*35
36
*8%
9
24%
25
*38
9%
X23
155
"145%
15
*14V4
34%
9
*34%
*8%
152
14%
36
8%
115
150
157
15
15
35%
8%
156
14%
*34
35%
8%
>
,
;
8%
4,700
62%
*91%.
62
116
5,700
700
,
*91 %
7
93
93
62
62%
v
62%.
"6%
*91 %
*91
-
.
•
'
19%
4,300
21%
13%
%
„
13%
13%
10
62%
94
8,800
13%
13%
14
6%
13%
13 %•
j
14%
13%
6%
5,700
*
25
13%
15%
15%
21%
24%
16
15%
7%
33% '
92
.
24%
15%
16
21%
500
15%
9%
6%
5,200
10
IO1/4
21%
92
13%
9%
10
21%
;
13%
13
92
24%
-
,
33%
*89%
91%.
*89
25
*8%
100
94
123/4
241/4
341/4
17,600
40% '
25 %
14%
1,400
18,200
*40
25
*145
"
40
12%
xl8%
..
92%
-
91%
Xl9 %
'
66%'
40%
12%
•
33%
18%
111
*64%
40
12%
19%
300
12%
12%
333/8
62
12,200
92%
94
*89
*91%
390
19 %
111
65
38%
38%
9% 1
106
105%
61%
12,300
81%
100
100
105%
38%
*
par
Superipr Oil,of California..
25
Superior Steel Corp——50
18%
19%
*38
1—10c
61%
*116% 117%
11%
11%
/
..12.50
19% Jun
.
£1%
A
25
B—.—25
Inc.!
91
13%
21%
i
11,
8% .Nov 10
page 28.
235
Biscuits
12%
33%
£5%
25%
13 %
13%
10 %; 10%
*16
16%
'•
100
-—1
.
4%%
9
26 % Jun 21
2
Oct
,
>
100
20 3A
100 %
18%
18%
100
62%
40%
12%
33 %
18 3/8
181/4
81%
82
82
813A
*98
39%
*92%
37%
17%
18
61%
12%
No par
•
4%% pfdi
Sunray Oil Corp common
1,
34% Mar
24%
No,par
:—1
Sun
7
Jan
45%
—'—20
prior preferred
Stone & Webster
L— i
Studebaker Corp (The)—
107
81
80%
98
38%
94
*89
,
Corp
^
^—5
Stokley-Van Camp Inc common—1
2
106
*96
98
24%
.
i
15
,
*96
72%
1
Inc,
17%
237/B
,37%
Stewart-Warner
19 % Nov 30
32% May ;
8% May
17% May '
101% Jan
Stores
79%
18%
71
+
50% Mar 19
9% Feb
Stevens
36 % May 21
16% May 26,
30
113% Jan 31
12% Sep
Jun
20%
80%
25
|
.Nq par
15%. May 21
13% May '
14% May
16
Starrett Co (The) L S__
ll
41% May 26..
21%
*12%
-
97
24
10% May
43% May
17%
*40
3%% preferred series, A
...100
Standard Stee} Spring common^—1
4"%
convertible preferred
:
50
15% Oct 23
207/8
x80
24%
*92"%
Jersey.—25
10
Ohio common
39%: Jun
Feb
Oct
Jun
11
25
Indiana
New
,
No par
88
36%
10% May
97%. Jun
Standard
No par
No par
1
California
11% Mar 6
32 % Mar 12
30% Nov
19%
35
21%
80%
17% 18
*95% 99
*106 ; 107
62
62
39%
39 %
72%
72%
21
80%
com—No par
No par
of
15
Jun
38
Dec
Inc
preferred
.preferred
Jun
36% Nov 30,
Dec
prior
$7 CpMor
Standard Oil of
15
92% Jun
Oct
May
22'
53
Feb
34
Jun
11
47
68
73
$6
13
49
12
121 : :Oct
Brands
preferred
69 % Feb
37-
May
$3.50
Standard G & E Co $4 pref—No par
36% Feb
23% Nov 30
10% May
41% Jun
17% Feb
Standard
27% May 15
109% Oct 22
20%
9%"
24%
159
•*
19%
38%
,?8%
9%
9%
243/4
156
25
1,900
1,400
,1,400
15
*14%
15
*35
36
8%
1,500
2,300
153
36
8%
1,500
9%
300
700
Volume
Number 4757
168
THE
COMMERCIAL
Range for Previous
i
20%
Range since Jan. 1
Highest
fper share
Lowest.
.
$ per share
Jun
x29
Nov
29
37%
Jan
20%
Dec
27%
Jan
9% Dec
1
Dec
28%
Feb
17% Feb
27-
79%
Dec
104% Mar
80% Apr
21
4% Mar 12
Feb
10 %
NEW YORK
«
Highest
May
Feb
14
9% Mar 16
3% Feb
36% Jan
27
Swift
&
22
Jan
3
Swift
Internationa]
26
Jun
31
91
Aug 13
25
Gould
67
53%
Sep
68% July
52
10%
Jan
24
Dec
15% Nov 10
58%
Nov
Nov
47
30
Nov
25% May 8
71% July 12
10
25
Texas Pacific Coal & Oil
Oct
15%
Jan
34% Dec
58% Feb
29
Jan
45% Feb
5
65% May 24
13%
Dec
15 %
Dec
10% Nov
30
20% May 24
19%
Dec
14% Nov 24
.
Feb
10'
Dec
21%
41
Dec
59%
Feb
27
Dec
3
12
May
17%
Feb
Feb
12% Apr
5% Dec
15
35
'
12%
9% May
45-
Feb
13%
Dec
5% Nov 30
60% Feb
-
6%
Aug
i4%
Feb
7
16%
Jan
24%
Oct
19
10
Sep
38
May
85
Dec
16% Feb
7% Oct
5
Jan
39% Feb
11
85
Feb
6
Feb
1% Mar 11
Feb
19% Mar 16'
18
May
25%
Oct
19% Feb
13
Dec
108%
Feb
95% Jan
2
15% May
21%
Feb
17
53%
Oct
10% May
13% May
22%
May
20 %
Nov
5% May
7%
40 % Nov
Jan
14
Feb
99
Dec
12%
15%
Dec
Jam
112%
Dec
34%
Aug
93
Dec
5% Feb
Dec
96
15
13 % Jan
16
/
12% Mar 16
19% Aug
17% July 30
92
51%
17%
27
2
conv
36% Jan
Oct
Corp
(The)—
4
Twin
12
Jan
2
Udylite Corp
1
591/4 Jun
15
Underwood Corp
16 % Jun
15
Union
Asbestos ,&
39% May 26
43% Nov
1
Union
Bag &
5%
cmv
prior
Coach Co
290
4,700
10%
4%
16%
16%
16%
53%
52%
52
53
52%
53%
15%
15%
16%
61%
61
62
21%
21%
21%
40%
40%
42
10%
'10%
4
17
53%
53%
103/4
4
4
163/4
54
163/4
53 Vs
200
4
1,100
163/4
2,300
543/B
20,600
15%
15%
15%
16%
16
163/s
16
16%
60
61
60%
61%
60%
623/4
61%
62%
3,100
20%
21 %
20%
22%
22%
23%
23%
24%
20,200
23,100
_
,
/
7,400
42%
43%
46%
44'/a
46
44%
46%
46%
47
47%
47%
47
47
11
10%
10%
11%
11%
11%
6,400
15%
151/4
15
15 %
14%
15
15
10%
15
15%
15%
15 %
1,900
53/4
3,700
27
27
5%
13
;
*36
*10
6
37
6
*36
10%
7%
7%
20%
20%
20%
9
*8'/a
46%
x45
87
*85%
86
23
1
18%
;; 41%
10%
;
5
22%
*102%
,i
90
8%
8%
45
86%
3%
22%
*35
35%
7%
7%
193/4
150
7%
193/4
19%
8%
*8%
45
86%
27
35
*7%
193/4
7%
20
45
44%
87
*06
800
1,500
8%
8%
45
*85%
'
600
45
4,600
87
20
3%
22%
3%
3%
3%
*3
3%
1,000
273/a
"
27%
*26%
283/8
*27
28%
200
223/4.
24%
233/8
*102'/a
102%
102%
120
18 %
18 %
18%
17%
18 %
11,000
42
41
41%
40%
403/4
40%
40%
403%
40%
40%
41
10%
10 %
10%
10%
10 %
10%
10%
10%
6,800'
11%
11%
11%
3,400
*102%
103
7%
10 %
10 %
10%
9%
10 %
9%
10%
10%
11
16%
16%
16%
lf%
16%
16%'
6%
-
34
X32
103
*97
32
-
25%
6%
''
*25
31 3/4
16%
600
73/8
21,400
7%
7%
98%
98 3/s
13%
14%
14%
14%
143/4
15%
2,500
18134
19%
18%
19%
183/8
183/4
16,400
813%
313/4
*97
43/4
*25
26
6%
.*95/8
32
*31%
6%
7%
•
*98
33
98%
*25%
7
!63/4
99%
5
60
33
*97
4%
4%
*31%
100 5/o
*97
43/4
26
*25
6%
7%
103
*4%
'
6%
7,800
98
103
43/4
26
6%
*16
14,300
13%
*97
4%
11%
,
17
.
243/4
98
98%
18%
'103
'6%
*16
24
103
19
*133/4
19%
4%
7
*98
14
13%
4%
63/4
7
99%
xl9
6%
2,600
23%
19%
7
'
7%
45
3%
23 %
*35
x!9%
86
27
103
*97%
*24
1
6%
102%
*98
i_50
6%
I.73/4
10
:4%
300
6%
102 %
99%
14%
'
-
13%
183%
*32
;
*12%
17%
19%
N"o par
35
13%
18%
*13%
No par
36
5%
27%
13%
.
18%
17%
6%
*97%
4
6
5%
27%
'
18%
17%
common____l
6
8%
45
27%
103
10
-
.
5%
7%
*85%
3%
3%
*27
23
*102%
1
3%
28
13
36
8'/a
45
*86 %
*3%
,
20 3/4
*7
20%
8%
*46
*27
5%
27%
13
6'/a
36
37
'•
*8%
5%
27%
500
"
20%
<•
1
*12%
6
6
15
13%
5%
*27%
.
..
28
5%
28
*12%
t
r,
*46
5%
*27%
13
*5%
No par
1
-
28
13-.
No par
1.
6 %
42
47%
*27%
i
15
preferred
:
*5%
5
—100
com
;
10%
16%
-
47
No par
J.,
$4.50 prior preferred—
Twin City Rap Transit com
5
9,500
5
10%
No par
14% Jan
•
11
—_l_2
Corp
17'
4%
10%
Coal Co——
l_5
20th Century Fox Film com__No par
$L50 conv preferred.
—No par
5
5
4%
16%
21%
Truax-Traci
11
4%
*10%
4
*15%
15%
1
preferred..
24
Jun
6 % Nov
10%
4
53 %
No par
Corp
8% May 27
32% Jan 21'
24
*10%
10%
17%
*61
preferred—50
Co
Transue & Williams Steel-
$6
5
100% Jun
Steel
9% Mar 16
Feb
9% May
Jan
4% Dec
Feb
,
*83%
1
Avenue-Transit
TrhContinental
25% Mar 31
Nov
84%
'
*46 %
Transcont'l & Western Air Inc..
10% May 15
31% Nov 30
*io3/8
84
5
11
Transamerica
<•
107'/a July 22
Jan
38%
103/4
84%
4%
48
>
7
5
83%
4%
84%
4%
2,800
18,700
■
11
'
11
11
Nov
83%
4%
83'/a
4%
4
$3.75
preferred
No. par
Timken Detroit Axle
:
5
Timken Roller Bearing...—No par
22% Mar 11
23% Apr
84 %
83%
5
17%
$3.50 cum preferred
;
a
No par
Tide Water-Associated Oil com_l_lo
May 21
Jan
104
7
5
22%
22%
40
—
104"% July 12
23% May 27
'
21%
22%
*46
common
preferred—.
Thompson-Starrett Co
4
55
22%
21%
100
common
4%
6
32% Jun
10%
1
Thompson (J R)__
L
Thompson Products com
16
Jun
M8
30-
9% Nov 29
15% Nov
Nov
21%
30'
10% Nov 30
Feb
15%
,
'Mar 17
div
$2%
Third
59 % May 26
4% Jan
10%
10%
preference.—Ncr par
!—
No par
conv
The Fair
Thermoid Co
Thomas
31% Nov
10%
Shares
29%
10 %
21%
—No par
8
10% Jan
29%
10%
fo*
150c
preferred.
9
95 % Jun
29%
9%
29
21%
10
—
conv
$2.40
19
Jun
29%
10%
29
21%
1
new^
common—!
Thatcher Glass Mfg Co
9
13% Apr
94-
,
8
94
47% Jan
7 %
40% May
14 % Jan
24
29%
9%
29 %
21%
__25
;
Inc
$1.25
46% Jan
2
29
Apr 30<
39%
May
May 22
1
-Dec
Sep
24
t per share
29%
10%
84
5
Sub share ctfs_—L—L_„
Textron
the Week
10%
x23
4%
No par
Texas & Pacific Ry Co
-
15% May 21
10% May 15
Mar
59%
106
3% May
20.
•
48% May 13 '
Sales
30
Texas Pacific Land Trust—
'
41
Co_
Gulf Producing
Texas Gulf Sulphur—
26
,
Friday
Dec. 8
Dec. 2
$ per share
21 %
9
Texas
13
.
Thursday
\
t per share
21%
_5
1
Texas
i
Dec
.1
Corp
15
Feb
19
Jun
Telautograph
Dec. 1
*
10%
___l
Tennessee Corp
Aug
Wednesday
$ per share
■:
19% May 27
20 Ye
18%
t
14% Mar 16
13 % May
i
Corp
11
Jan
I per share
*83 %
_
Symington
Nov. 80
10%
Sylvania Elec Prod Inc com__No par
$4 preferred
No par
7% May 18
SALE PRICES
Tuesday
30
Ltd
Talcott Inc (James)
7%
$ per share
(2343)
AND HIGH
Monday
Nov. 29
Nov. L'7
Co
11% May 21
5% Jun 28
3% May
46% May
Saturday
Par
■
10
CHRONICLE
LOW
STOCK
EXCHANGE
$ per share
Sper share
18%
5% May
FINANCIAL
STOCKS
Year 1947
Lowest
&
53/8
26
600
2,000
26
26
'60
7
7%
7
4,200
u
12
Dec
15% July
43% May
58%
Feb
9% May
15%
9% Nov 26
Jan
25% May
37%
40 % Dec
Oct
27% Feb
11
37% Nov 12
105
Dec
115
Mar
103
Oct
1
(The).
Rubber
Co
28
110
Jun
Dec
106%
Sep
91
Feb
9
98
Jun
7
Preferred
83.70
series
104
Jun
80
Nov
4
90
Jan
24
Preferred
$3.50
"
Dec
Un El Co of Mo
8
May
?
38%
21% Feb
11
38% July
6
Union
10
96% July
51% July
1
Union
8
41% Jun
2
45% Sep 27
31% Jan 26
Feb
pfd $4.50 ser„No
41
12 3a
13
13
29%
29%
29%
29
29%
30%
31
31%
38%
38 %
39 %
38%
38 y8
39'/a
39%
39%
103%
1043/4
104'a
104 %
*104
par
—No par
Oil' of
95
82 Va
9%
93a
*93/8
,
93a
41%
9%
RR
Co
:
28%
29
'.
84%
85
46%
50
com..
46%
preferred.——50
non-cum
-
82%
Tank
Car
No par
—
*33
*90
95
*90
83
*83
84%
41%
200
93a
*9%
42
42
13
131/4
500
32%
313/4
32%
10,400
40 3a
40
401/2
31,900
*
13%
*13
34
*33%
34%
-
47
333a
«
87%
46 Va
22%
46%
86 Va
46%
105%
96
*90
83
29 va
86 %
283/4
84%
46%
29%
105
*104ia
*90
28'a
28%
85%
46%
34
*'
■
24
.
95
83
85
28%
r
•
Union
95
,83
*90
82%
California—!—.25
Pacific
4%
104
104
104%
*90
*
*
79% Nov
30
40%
12%
29
sefies___—No par
27
42
12%
9%
2,600
'
Dec
Apr
41
12%
38%
*
par
91%
.
43%
13%
*12%
Paper.i—No par
85'
20
9%
42%
43
*
—5
Unipn Cafbide & Carbon—No
*9%
43
*9%
1
No par
—...
83
*83%
29%
20 3a
28%
96
90
'
120
29'a
12,800
84%
84 7%
7,800
46%
46%
2,900
34%*
34%
34%
500
23%
23
24%
8,100
x84%
86
46%
47
333a
34
22%
23
/
105 %
844%
•
k>
16% May
102
25%
Dec
Dep
Sep
110
'
22% Dec
1
103% Nov 29
15 J/4
Dec
28%
Apr
9% Nov 24
75
Dec
120%
Apr
57% Nov 30
30% May 19
110% Jun
3
19% Apr
2
90% Mar 22
.
United
5%
convertible
United
18%
Sep
24 Vi
Nov
19
Jan
22
23% Oct
25
United
Biscuit
8
Nov
26
15% Jan
2
United
Board
Jim
35
,
Dec
27% Feb
20
United
26%
Jan
36% Nov 20
33%
Nov
3%
Dec
50
8y4
Dec
2%
41
Dec
4
Dec
5%
29
Feb
83
%
42
Jan
Dec
Dec
95
Jan
May
19%
Oct
43%
40 '
10y4 Feb
%
Jan
May
44%
Jan
20
Dec
191/4
36
July 7
5% July 15
55
Jan
5
3% May 15
Feb
13
United-Carr
1,
Gorp
Co
15% May
91
Dec
12% May
86
May
171
Dec
-
$3.50- convertible preferred—
United Corp common—..—
$3
1
preference
21
46% Jun
48
10
58% May 17
May 24
United
Gas
21% May 26
United
Merch
Lowest
11
United Dyewood Corp
7%
preferred...
United
share
Feb
20
101
Oct
15% Feb
11
Feb
92% Feb
11
24% May 15
113% Jun
9
196% Mar
166% Oct
18
179
8 % Nov
5
17% May 14
76
27
Feb
65
Dec
1
Feb
21
Nov
24
4% Nov
30
9%
35
Dec
May
46%
Dec
23% May
92
Dec
Oct
Nov
18
pet
10
&
Mfrs
Apr
Dec
1
11% Sep 27
7% Mar 30
32% May 15
21
Jun
Jun
2
U S
Industrial
U
Leather
21% Jan
2
Jan
23% Nov 30
87
Feb
6
38% Feb 11
Feb
125% Mar 19
July
9
37% May 21
94
May
58% Jun
150
Mar
129 % Mar 16
13
72
23
Feb
Feb
8%
Oct
Jan
12%
Feb
Dec
109%
Jun
17% Feb
37
Nov
1
10
5
4 % Mar 16
k
8% Feb
88
Nov
11.
4
5%
Dec
Jan
3
Nov 30
X33%
Dec
52
Feb
23
Sep 22
May
% May
22
Feb
16
11%
Feb
4
23%
Dec
19
Feb
17
" Mar
150
Feb
6
20
Dec
Dec
13i/4
Dec
5 61/2
Dec
13% May
14% Dec
10%
192
29%
91%
Feb
Feb
Feb
13
Mar 16
1
Apr 21
87% Oct 23
140% Jun
24
19% Jan
8
42% May 20
6% May 21
12% May 26
98% Jun
6% Jun
34
Jan
9
15
21
7% Nov 29
45
Dec
3
15% May 21
70
May 20
10
27% Oct 16
16
15% May 17
26% May 21
20%
Jan
12% July 19
39
Feb
x?0% Nov 10
86
Feb 21
Feb
Jan
42 %
1,400
64
5%
*62
*5%
5%
6
*63
63%
63%
20%
*39
6
*5%
*60
100
63
20%
20%
240
...
203a
2,900
39%
39%
39%
39
39
39%
39%
39%
38%
38%
500
51%
51%
52
51
51%
51%
51%
513/s
513a
10,300
19%
19%
19%
19%
193a
193a
*193/4
51%
19%
51%
19%
19%
19%
700
12%
Xl2%
12%
12%
12%
12%
12%
12%
12%
123/8
12%
11,000
page
86
28/
Feb
Tuesday
20%
20%
S per share
Sper share
20%
4%%
U
S
U
U S
*101
174
8%
*67%
13
101'/a
102
102
174
173
173
*171
9
*63
67%
65
66
22%
22%
66%
22%
22%
22%
23%
65
22%
4%
*171
*4%
20
900
102%
2,500
10
175
*83/4
9%
3,000
*62%
65
23%
190
9%
9%
9%
69
102%
10,000
18
23
23
3,200
1,000
1
12 %
12'A
12
12%
11%
12
11%
12%
12
12%
12%
12 Va
9,600
preferred——,
Foundry—
——10
*7%
...20
10
43%
43%
43
43%
55
55
54%
54%
23%
23%
-
„10
common
1st
preierred.
Co
50
38
69%
100
*135%
No par
Paper Inc common
conv
Tobacco
'
*62%
No par
_No par
com
18%
2
50
*4%
9
\
'
3%
*88
*24
1
*5
,
—100
Universal Pictures Co Inc
preferred
com....1
5%
*19%
20%
j 154
—100
7%;
*47
■
7%
47%
Vanadium Corp of America_.No par
Van
Norman
Co
2.50
19%:
20
10%.
..10
23%
10%
23%
Raalte
Co
Inc
Shreve
&
non-cum
Co
2.50
Pacific Ry com. 100
preferred
...
100
*88
3%
3%
j
154
:9
9%
28
12%
12%
*20%
21%
*86
*86
89
89
.18%
.
4
4%'
•
9%
*73/4
42%*53
*73/4
•
24%
24
88
87
87
87%
88
87
87
39%
40%
393/4
40%
126 Va
126%
126%
126 3/4
126 3a
320
39%
383/4
39%
38%
39%
7,000
38%
373/4
40
63%
64
643/4
643/4
713A
71
72
134%
135
•
4%
18%
39%
-4%
183/a
*38
4%
9
9
92
8%
88
3%
3%
18%
3,900
39 Va
__j_
600
9%
93/e
934
9%
9%
5.500
92
*87
88
*88
500
92
'
3%
3
3%
3%
7,100
3%
"
5%
5%
5%
19%
*155
7%
47%
20
*24
20
*20
156
157
7%
47%
20'A
■
5%
20%
157
•
27
*24
27
*17%
18%
*17%
5 %
5%
203/4
20%
*155
158
7%
7%
46%
47%
45%
453/a
20%
20%
20%
2034
7%
'*•"
18%
8
10%
10
5
<21
>155
7%
45
5%
21%
158
8
45%
—-
3,600
600
90,
6,600
310
21
1.700
10%
10 %
1,800
*223/s
22%
*20%
,10
10
10%
23
*23
23%
*22%
123/4
12%
*12%
12%
123a
12%
12%
13
1,800
20%
20%
20'a
20%
20 %
20%
20'a
20%
2,800
-10
22% ' 23
12%
12%
*22%
20%
20%
1,100
4%
5%
10%
44,000
*41/2
*17%
20
13%
*38
400
65
7 li/a
135
43/8
18
10%
64 'a
70 3/b
135
4%
27
20
39%
*38
*
4%
•17%
48%
13 3/8
183/8
18%
39%
*24
*47
135 %
I343/4
135
18%
7%
7,000
39
27
19%
230
126
*17%
154
7*700
39%
*23%
7%
200
24%
70
3%
2,000
56
233/4
64
91
9
45
24
69%
18'
*7%
45
*53%
23%
18%
19%
56
23%
28
154
44
*53
56
*24
5 "
9
43%
9
42%
69 Va
*38
39%
.4%
92
,
135V4
18 %
9
42%
43/4
134%
70%
*38
4%
18%
r*17
1
com.No par
preferred
■
135
37%
*63%
64
69%
,
4%
126%
38%
126
38%
*63
64
70%
136%
18%
*86%
39%
43/4
56
23%
127%
38%
38
39%
'*38
■
39%
127%
-
42%
*53
88
*86
! 128
50
preferred.
Universal Leaf
88
39%
*127
non-cum
conv
24%
I
39%
100
com
%
*7%
9
*7%
9
24
—
Co
*
4%
4%
4%
5
*86
Corp common
1
pfd series A
—100
United Wall
5%
101 %
18
common
Co
Vicks
4
18%
2,700
Chemical
Jun
18
4%
Vick
May 28
18%
94
18 Va
Vertientes-Camaguey Sugar Co—6%
94
18 Va
Shares
23%
4%
15% May 21
95
9
8%
*93%
18%
29% Jan
6
174
*171
8%
223/b
93%
18
preferred—„—25
Stockyards Corp
-1
United Stores $4.20 non-c 2d pfd—5
Van
174
8%
*67%
69
22%
93%
18
Tobacco
4% %
'
*171
8%
101
100%
101
22%
94
18'/2
United
8%
100%
101%
*171
18%
22 %
21%
*93%
18
Smelting Ref & Min
preferred
4%
•18%
the Week
share
19
1%
$6
*93%
18%
Sales for
t per
18%
non-cum
7%
93%
18
Dec. 2
t per share
19
U S Steel Corp common.
7%
preferred
—
U S
93%
Dec. 1
I per share
18%
Rubber
S
8%
94
94
Friday
Dec. 3
Thursday
Wednesday
18%
Plywood
3%%
17
21%
20%
21%
17
*93%
SALE PRICES
Nov. 30
22%
Lines
S
AND HIGH
Monday
Nov. 29
*4%
18%
8
May 22
30
see
*413a
7,900
22
23% Jun
170
Nov
For footnotes
42%
21%
-
14% Feb
94%
42%
20%
I per share
"
No par
Universal Laboratories Inc.—*.
10
94
41%
2%
42
No par
11
Feb
Nov
40 3a
20%
Nov. *7
5
100
17
Feb
Nov
51,700
20 y2
100
Jun
18%
85%
2%
20%
—20
com
10% Jun
20
22
84
2 3/a
.
No par
preferred
Universal-Cyclops Steel Corp..
21% Feb
12% May
26% Dec
U
7
49% May 15
137% Jan
67% Mar 17
48%
23/8
12%
No par
Pipe &
Nov
23/a
39%
No par
Playing Card Co
Dec
23/8
2%
42
No par
U S
Jan
2%
43%
common
U S
5
31%
2%
42%
20%
*
Chemicals
Co
conv
58
38
*29
3,700
class A
&
9% May 20
53% July 13
63 % Dec
163%
S
Partic
13
Jan
37% Nov 30'
4
4%%
5
Feb
16
Machinery
preferred
7
Dec
96%
Hoffman
S
9
Jan
81
8
U
8% Jan
36
80
X17%
-
5%
*5%
*62
30
800
35%
2%
21
'
LOW
.
42% J ah
Dec
Dec
6%
64
*62
Saturday
1st preferredFreight Co
U S Gypsum Co common
1%
preferred
S
4
51% July
67
40 3a
*28
500
8
8
34%
2,100
51%
-
$4.50
U
Jun
61% May
■
9
16
165
40%
20%
8
34%
20,000
1419 %
1
Inc
Foreign Securities
39% Feb
Dec
133
U S &
49
Dec
41%
193/4
20
8
*34
300
10%
60
43%
43
23/8
*5%
6%
Par
Oct
40%
2%
40%
41
2%
107
103/8
59
2%
.
44%
2%
2%
23a
*104%
10%
60
20
8%
30
*28
23a
44%
193a
33
33
30
2%
,
44
43%
63%
STOCK
YORK
Feb
103% July
60% Feb
38% May
NEW
46%
127%
44
*5%
Improvement Co—-13%
73
39
8%
8
32%
*28
2%
2%
~
Jan
24%
19 3a
20%
8
32
30
*61 J/4
5
$ per share
16% Feb
9%
*28
2%
41
*
EXCHANGE
89
39%
30%
1
*
""'
t per
94
.J61/4 Jan
1
Oct
'53%
™
100
common
Coal'Cos
Electric
Highest
33%
Dec
8%
34
STOCKS
Dec
Jan
*19%
20
8%
33
106
10%
*58
'
Dec
5% May
*19%
8%
2%
United Engineering & Foundry
5
United Fruit Co
:
No par
23
13%
37
20%
34%
*42
5
37% Jan
71%
25%
60
"
1
13
Jan
107%
103a
59
"
19% Nov 30
12 % Nov 30
t per share
20%
103/e
58%
*
2%
10o
9
May 27
82% Apr 22
28% Jun
3
Range since Jan. 1
23%
10%
*28
com—30c
15
t
106
9%
57%
*8
Corp..No par
Stores
26
Highest
t per share
9%
58%
34%
1
Lowest
9%
58%
.>*19%
*10
*1031/4
105%
9%
59%
"
—No par
Fastener
Cig-Whelan
Range for Previous
Year 1947
*103
105
*103
9%
—No par
Carton
103%
23
*58%
'
Unite
47% May 20
Feb
103%
104
22%
23%
'
Carbon
16% Feb
Feb
104
X22%
24%
*
——.100
4% Feb
59% July
24i/4 jan
12% May
5
*■
common—10
l
Co
&
24%
5
100
60% Nov
4
33
5
Nov
2% Feb'11
53 % Mar
11 %
65
Feb
2% Nov 30
Jan
Inc
preferred
28%
common—
preferred
Lines
Air
4%%
<<
Corp1
Aircraft
*86
88
*86
88
*86
88
*86
*86
89
*86
89
*86
89
*86
23
'
87%
*86
88
83
*86
90
400
LOW AND HIGH
fiTAriTS
Range for Previous
Lowest
t per share
50%
35% May
7% Mar 16
14% July 13
Nov
16%
Feb
11
124% July 12
14% Nov
Oct
29
18% May 15
1/256 Nov
29
A Nov
16
Jan
6
117% Jun
14
Jun
2
109
Feb
34% Dec
45
Feb
31%
Dec
40
Jan
29% Nov
5
34% May
31
Oct
38
Feb
25
Dec
3
39% Apr 26
Nov
27% Nov
3
32% Jan
5
15
32% Jan
13
Jan
2
Wabash
8
Waldorf System
4
Walgreen Co common
16% Nov
23
19
30
Dec
33%
30
Aug
33% Oct
29
57
Apr
75%
Feb
57% Aug 16
13%
Apr
17%
Jan
13% Nov
17
Feb
29% Nov
29
Apr
Ry Co
Virginian
38% May 11
30% Nov 30
Coal & Coke 4%
Va Iron
8
8</a
98
*96%
97%
*95%
14%
14%
14%
14%
1/128
1/256
112%
112%
112 %
112%
—25
17
98%
COG
14%
13,900
14%
14%
•
50,000
30%
17
30%
30%
30%
30%
30 Va
30 Va
30 Va
30%
25%
25 %
x25 Va
—25
*29%
30%
5
*26%
27
26
26
25%
25%
*28%
29%
29
29
29
29
*30%
16%
40
30%
30%
1,100
30%
30 Va
;
*16%
31
*16%
30 Va
30%
150
113
112%
31
30 Vs
*30%
30%
1,200
25
25
1,200
28
28%
25%
28 %
28
*28%
31
*30%
31
*58
60
♦58
60
58
13%
13%
133/,
13%
30
29%
29%
*30%
31
*30%
59%
*58%
60
*58%
61
13%
*13%
13%
360
31
133/e
*29%
31
58
•13%
29
*30%
■
31
*30%
—20
113
*112%
17
17
—20
3
98%
W
36%
29% Apr
109
Dec
100
July
66
15% Jan
35% Jun
105
100% Apr 29
Xl8% Mar 17
16% July 13
7% May
13%
Feb
19%
Feb
10% Mar 12
106% Mar
X83 % Mar 12
101
9% Nov
3
Nov
10
Dec
88%
Dec
12
Dec
<
18%
19%
27
Jan
23%
Dec
17% May
22
Feb
17% Feb
26%
Feb
17
41
Feb
83% May
i
90
Feb
21% May
•
34%
Jan
112% Nov
121%
Jan
103%
Dec
112%
Jan
106%
Dec
116 % Aug
*
13
24
20%
21
231/4
*23 Va
23%
3
2
26% May 21
19% July 1
Jun
4
9
18
22% Oct 20
15
51% Jun
14
11
110% jun
Knitting Mills
5
Wayne Pump Co
1
Webster Tobacco Inc
5
Wesson Oil & Snowdrift com—2.50
$4 conv preferred
No par
West Indies Sugar Corp
—1
West Penn Elec Co
No par
Class A
No par
1% preferred
*
100
6% preferred
100
West Penn Power 4%% pfd
100
4.20%
preferred series B
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4%%
preferred
100
Jan
5% Nov
27
10% May 18
Western
34% Feb
14
46% May 20
Western
23%
♦17%
173/4
17%
17%
17%
17%
17%
17%
18
18
18
17%
18%
18 Va
18%
13%
14%
-
13%
9%
Dec
7% Mar 17
32%
Dec
22% Mar 12
16% July 9
38% July 12
25% Nov 10
36% May 21
42%
90
17
May
Feb
Oct
62
Mar
15
72% Jan
6
15% Nov 24
26
38%
Oct
29 % Nov
24
39% Jun
22% May
31
Dec
23% Nov
10
33% Jun
Dec
105
Aug
85% Feb
11
94%
Dec
106% July
91% Feb
11
101% Jun
11
30
Nov
55
Jan
28% Nov
*9
76
Dec
80
12
5
40% Jun
62% Mar
115
53%
Oct
88
31
Jan
May 19
14
9
95% Apr 23
July 21
Dec
37
Mar 16
57% Oct
22
101% Mar
May
90
26% Sep
83
Mar 18
92
Jan
5
Feb
20
27% Jan
7
Feb
23
297/s
Feb
14% Nov
30
24% May 26
% May
84
July
17%
Feb
9% Feb
27
22% July
90
Feb
29% May
34
Feb
12%
Dec
34
26% May
19% May
9
5% May
6% May
13%
64%
99
2
27% Feb
26
31% Nov
Feb
11
19% Jun 21
0
Oct
Oct
29
88% Jan
19
Jan
8
10
18
Jun
10
xl38
16
Jun
20
15%
Dec
19
Nov
15
Feb
145% May
125
Dec
3
31% Dec
35
Dec
28
Feb
5
43
53
Feb
41% Nov
29
135
Oct
May
49% Jun
14
4%
4%
4%
4%
4%
4%
4,200
28%
27%
28 3/8
*28 %
28%
28 Va
28 %
4,600
83%
83%
833%
81%
82
82
83
83
81%
83%
83
*81%
X20
7,500
22
20%
21%
21%
21%
147/8
14%
14%
9,400
14%
*108%
20%
143%
201/4
20
20%
14%
15
14%
15
14%
110
108%
115
*107
114
114%
115%
17%
41%
5%
103%
9~4%
106
103%
*102
103%
16%
*423/4
44%
*42%
105%
105%
5%
5%
36
36
353/4
36
36
12
12
12
ll3/4
12
12
*28%
31%
♦28%
31%
*26%
273/4
*26%
27%
26%
261/a
*63%
68
•63
67
*63
Dec
100
Feb
*83
Dec
80
Feb
8
May
96% July 28
5
69
July 15
11% Jun 21
60% Mar 19
70 V8 Mar
Nov
94
Jan
58
62
May 47
Nov 29
x62
Mar
9
Jan
22% Nov
29
Feb
10% Feb 27
8
18%
Feb
33% Aug
45
10% May
37% Dec
16%
50% Mar
38% Mar 13
48
May 25
14% May
53% May
23%
Oct
15% Feb
24
Oct
83
Oct
65% Feb 27
15
31%
Feb
14
1
May
14% May
5% Jun
♦Bid
•
25
asked
and
Special sales,
21
9
11
prices;
no
sales
wd When distributed,
23
89% Oct 28
xl9% May 27
Nov
3% Nov 12
Jan
2
16% May 24
19% Feb
July
10%
34% Jan
on
36%
1,200
12%
14
7,600
30%
32%
1,100
26%
26%
26%
26%
800
'
66 %
*63
66
*63
16
16%
16%
16%
16%
5,900
16%
15%
16
16
16%
30%
29%
30%
30
31%
31%
31%
31%
30%
29%
31%
29%
23%
24%
237/a
24%
24%
25
24%
24%
24%
24
25
24%
89%
*89
901/2
89%
89 %
90%
89%
90
90
*89 %
90
98
*97%
98
97%
97%
97%
88%
973/4
97%
*97%
30 %
v
31%
30%
108
44
44
433/4
*86%
87%
*24%
25
87
86
86%
24%
243/8
24%
15
15 %
143/4
18%
*28 %
25
18%
187/a
19
19
19
54
54
54
54
29%
*29
29%
28%
28%
28%
28%
lQi/4
10 %
10 %
*93/4
10
10
4.0C0
15%
18%
54 %
18%
54
70
300
25
15
15%
15%
151/4
15
143/4
183/8
54
1,900
54%
-
80
28%
10 Va
400
10%
*28
1,600
No par
10%
*553/4
10%
10%
7%
7%
7%
73/8
7%
7%
7%
7%
553/4
553/4
*55%
56%
55%
55%
*55 %
57%
300
57%
10%
10%
11
11
11%
11%
11%
12,600
77%
IO1/2
10%
78%
*76
78
14%
14
14
10
15%
151/8
15%
—100
preferred
6%
Woodward
Woolworth
W)
(F
10
Co
Iron
>125
15%
34
34%
34%
34%
34%
800
43
433/4
43%
43%
42%
43%
7,300
13%
14%
4,400
14
13%
59%
59
59
64>/2
8%\
64%
63%
64
82i
673/4
Towne
68|
Mfg Co
12%
Corp common
4%% preferred
Radio
Zenith
Zonite
Jin receivership.
UEx
Corp
$40
*19'/2
69%
41%
liquidating
'
663/4
8%
9
i67%
8%
9
22%
22%
12%
23
121/2
123/a
39
*19%
20
22%
22%
12
*18%
20
69%
70
69
69%
8%
*38%
39
*38
>83. J
673/4" 67%
*79
83
*79
14
V
~
64
*80jV;
663/4
19%
19%
1,500
23%
4,200
13
2,500
23%
23%
12%
12%
*12%
39%
39 %
39%
19%
19%
19%
19%
300
71
72 %
12,600
1,500
70%
.72%
72
72%
15%
15%
15%
15
29%
29%
30%
29 Va
30 Va
3%
3%
3%
3%
500
15%
3%
26%
26%
27
26%
26%
27
'3%
4
3%
Deferred delivery,
1,600
9
70%
26%
a
67
*8%
9
23%
19%
14%
10.
30
83%
66%
67%
8%
39
14%
May
*80
67 %
23%
12%
15
paid
600
82
*38%
12%
39
X14 3/4
dividend
640
64
r
12.
16 34
4
59 Va
64
'
67
39
*15%
3%
14%
58%
82
'"'83/4 '' 83/4
22%
14
58%
,
J83 }
;
14 Va
65
13%
60%
63%
58%
64
59
o
14%
Nopar
1
Corp
Products
*381/2
20
'
33%
x62
22%
&
125
125
■<
43%
x59%
25
1
50
Young (L A) Spring & Wire_No Par
Youngstown Sheet & Tube—No pai
Youngstown Steel Door
No pai
Yale
126
34
61 f
14,
York
15%
*125
127
34
42%
14
9
7,300
35
423/a
42
641
2C0
15%
15%
126
Xl4
10
*603/8
14 %
15 Va
*34
42%
pfd 4%% series—;
—100
Prior pfd 4%%.conv series—100
Wright Aeronautical
—No par
Wrigley (Wm) Jr (Del)
Nopar
Wyandotte Worsted Co
5
'
*13%
*125
35
No par
Co
common
♦125
77%
13%
153/a
15%
15%
127
77%
13%
*125
1261/2
*33%
15 '/a
77%
14%
*14
com
400
77
77
*133/4
Wisconsin El Pwr Co
11,400
73/8
7
4
c Name
33/4
*
7,600
'
3,700
changed from National Bond & Share Corp. r Cash
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
,
Week Ended Dec. 3, 1948
Int'l
Number 0/ and Miscel.
Shares
United States
Foreign
Bonds
Bonds
Bank
Government
Bond
Bonds
Stocks
Total
Sales
Railroad
Bonds
•
{Number
Week Ended Dec.
Saturday
Monday
342,740
1,007,890
$735,000
$¥,000
274,000
tucidiy
1,200,840
Wednesday
Thursday
Friday
1,315,420
2,897,000
270,000
1,213,050
2,589,000
377,000
1,102,940
2,926,000
335,000
6,182,880
$14,445,000
$1,598,500
$19,000
3,195,000
2,674,500
"¥000
i
«
-
3,1948
$788,000
$53,000
2,913,000
2,385,000
/
sale.
x Ex-divldend.
Transactions at the New York Stock Exchange
m
—
85%
*24
19
■
4,300
45%
85
85%
*24
54%
10
10
10%
*85%
44 Va
45%
24%
*24
*533/4
44%
600
108
*102
108
*102
86
*85
24%
293/4
*28%
*10
87
54%
30%
44%
X43 %
180
SCO
.
31 Va
*29
30 Va
*29
108
*102
44
9,200
34,100
'
98
♦29
30%
108
433/4
19
19
30
*102
443/4
15%
15%
*53%
31%
108
*102
*104
89%
*971/2
*75
July 12
this day.
36%
12%
31%
16%
14
6% May 19
35
36%
3,400
5%
16
Prior
r83
60
5%
12%
66%
*63%
67
1,100
105
5%
*29
26 3/4
26%
42%
*103%
36%
31%
32
42 %
44
2,500
5%
123/4
*29
*28%
17%
105
104
36%
36
12
78%
81% Feb
4
53/a
36
*75
Machinery
i
16%
17'/a
5%
53/a
5%
*17
15%
42%
390
104
*102
17%
105%
17
60
...
107%
107
103%
41
70
107%
*107
107
106%
*105
173/4
*13%
25% May 15
2
107
107
10
58 % Dec
Apr
*102
106%
*102
413/4
41%
♦105
5%
107
180
115%
115%
115%
107
105 %
*17%
17%
41%
105%
*105
106
106
♦102
115%
1071%
106 3.4
*106
700
no
*109
109
109
115%
115%
106
108 3/4
*107
1083/4
106 %
103%
106%
♦102
110
*109
108 V2
114
♦108%
110
201/8
143/4
14%
•
114%
4%
20%
Worthington Pump &
Dec
600
4
No par
13% Nov 30
175
5,300
28
Co
Wilson-Jones
13
Jan
37% Oct 22
137/a
4%
$4.25 preferred
21
26
75
13%
28%
4
57%
Wilson & Co Inc common
xl3% Nov
1,600
28%
*55%
17% May 17
Nov
19
4%
73/8
65% May 15
May 27
17%
18 %
28%
7%
9
Mar
51
17%
*
"
10% Nov 30
Jan
17
Dec
1
14
133/8
133/4
23%
*4%
Willys-Overland Motors com
1
$4.50 conv pfd series A___No par
12
6% Mar 17
Oct
88%
July 30
126
Aug
x53
Feb
51% Sep
10% May
8
13%
133/4
13%
13%
200
*23%
28%
Auto
May
18
18
18
Western
27% May
v
*22%
17%
Air Lines
Jan
9% May
.
23%
*17%
•
Inc
1
Supply Co-i
10
Maryland Ry com
100
4% non-cum 2nd pfd
100
Western Pacific RR com—No par
Preferred
series
A
100
Western Union Teleg class A.No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%
3%% Pfd series A
100
3.80% pfd series B—
100
Weston Elec Instrument
12.50
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
;
No par
White Dental Mfg (The SS)
20
White
Motor
Co
1
White Sewing Machine com
1
$4 conv preference
No par
Prior preference
20
Wilcox
Oil
Co
X.5
10%
20%'
*22%
5
Co__
Motor
233/4
233%
Wayne
7
2
Sep
Waukesha
75%
Dec
4,900
24
20%
23'/4
5% May
Dec
1,200
21
23%
20'/4
Jun
25
65
24%
23%
20 3%
111% Oct 20
20
26%
♦23%
23%
38% May
4
9%
21%
23%
..
80
11,700
93/4
20%
Jun
100% Feb
92
10
23%
No par
3
Washington Gas Light Co—No par
5,400
15%
91 %
10
X93/4
10%
10
103/8
15%
92%
9%
21
107
Jan
10
15%
92%
-
23%
113
113
Dec
10%
5,200
-15%
151/8
*92%
21%
100% Oct 25
105
10 %.
7,800
10
93
15
15
93
233%
3
16% Apr
38% Feb
14%
*92%
21%
119% Jun 22
103% Mar 29
Oct
153/8
93%
23
114
15
47
32% May
15%
*92%
Petroleum Corp
86% Jan
104% Mar 16
105% Nov
9%
233/4
9%
23%
9%
Foundry & Pipe
6% May 24
34% Aug
5
3
xll3% Apr
233/4
9%
Warren
30% Jan
10
13% Feb
117% Mar
Dec
105
23%
9%
Warren
22
1
19% Mar
9%
23%
93%
10
23%
233/4
15%
*92%
5
Bros Pictures
9
2
27% Aug
Sep 27
Nov
x80
Jan
20% May 28
3% Nov 24
26
Warner
9%
9%
15
1
100
9
1,100
102
*101
9'/«
23%
233/4.
23%
800
30%
30%
31%
200
13%
13%
102
*101%
102
*101
102
31
303/4
303/4
30
29%
►101
101
101
23%
59%
*13
34% May 14
16
13% Dec
12% Jan
May 22
Jun
Co
preferred
5%%
32
Mar 16
Sep
Dec
'
6%
Walworth
2
14
Xl9% Nov 10
5
20% Jan
Dec
20
30
•
Feb
36% Nov
May
21
11
8% Feb
23%
No par
No par
Ward Baking Co common
xl7% May
10%
W
Walker (Hiram) G &
102
•101
100
preferred
4%
Aug 26
No par
No par
27% May 21
13% May 24
24%
Jan
100
preferred
RR 4%%
*
4,200
99%
14%
112%
112%
113
*16%
—
8%
'
32
*30%
112%
17
*16%
17
17
—
8Va
—
pfd— —25
common
—
8%
14%
14%
14%
5,700
35
87
*96%
99
1/256
95%
98
Shares
share
8 Va
8%
'
14%
*97%
'
.100
preferred
$5
121
8%
8%
87
8
8%
8 V«
9 per
34
87
*86
87
♦86
87
*85 %
gales for
the Week
*86
33%
33 Va
33 Va
*86
share
9 per
share
9 per
32%
33%
33
33%
Dee. 2
Dec. I
t per share
share
33%
Friday
Dec. 3
Thursday
Wednesday
30
Nov
-
1/128
Virginia Elec & Pwr
Rights
1—
Dec
107%
'
87
*85
par
..100
partic preferred
...10
Co corn-
div
6%
33%
33%
100
0
I per
9 per thare
5
24
96% Apr 23
93
Nov
112
May
1
Par
thare
48% Jun
Oct 29
85
10% Nov
5y* May
14
9 per
share
32% Dec
Nov
104% May
Dec
69
I per
Nov. 29
Nov .27
BALK PRICE 8
Tuesday
Monday
Saturday
STOCK
EXCHANGE
Highest
Lowest
Highest
I per thare
85
NEW YORK
Range rise# Jan. 1
Year 1947
1948
Monday, December 6,
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2344)
289,500
"~5~000
3,172,000
$8,000
2,974,000
3,267,000
Bonds (Par Value)
Foreign
Foreign
of
Shares)
Domestic
Corporate
Government
$1,000
Total
$65,000
80,215
251,330
240,870
Thursday.
Friday
111,000
124,000
3,000
131,000
119,000
2,000
122,000
132,000
146,000
35,000
1,000
1,000
20,000
27,000
193,000
1,347,285
Wednesday
15,000
4,000
272,130
Tuesday
$27,000
227,035
Monday
$37,000
96,000
275,705
Saturday.
$654,000
$88,000
$48,000
$790,000
"
168,000
.
Total
—.
Week Ended Dec. 3
1948
'Stocks—No. of shares
1947
$8,000
$16,070,500
Week Ended Dec. 3
Jan. 1 to Dec. 3
1948
1948
19*7
5,269,860
277,887,455
230,901,692
$8,000
$10,000
$1,230,000
$3,121,000
19,000
3,913,000
1,598,500
2,465,000
892,000
76,425,660
14,445,000
24,181,000
863,610,800
23,465,000
71,574,520
861,599,400
$16,070,500
$27,548,000
$945,179,460
$959,759,920
6,182,880
Total
Stocks—No. of shares-
Bonds
U.S. Government
___
International Bank
Railroad k Industrial..
Total
1947
Foreign government—
Foreign corporate
Total
1947
1,347,285
69,277,961
66,727,522
$654,000
$1,410,000
$46,205,000
88,000
103,000
8,185,000
$75,447,000
7,216,000
48,000
9,000
1,700,000
537,000
$790,000
$1,522,000
$56,090,000
$83,200,000
Bonds
Domestic
Jan. 1 to Dec. 3
1948
1,275,695
Number 4757
Volume 168
THE
COMMERCIAL
Bond Record
& FINANCIAL
CHRONICLE
New York Stock
«»
friday
weekly
-
yearly
•
swss
Tb, Utile letter*
In
the eolumn beaded
mtereet Period"
Mloate In eaeh
thTielu
eaee
after
Range for Previous
Range since Jan. 1
Highest
NEW YORK
Lowest
Highest
194.11 Rep
106.6
108.21
Peb
Dec
111.13 Sep
199.11 July
112.6
199.19 Dec
108.19
114.9
194.IS
105.1
Feb
Sep
107.4
Sep
Treasury
Treasury
Treasury
Treasury
Treasury
105.28 Mar 10
20
108.28 May
17
17
106.1S July
Dee
114.8
May
Fob
101.18 Dec
Feb
102.23 Sep
..
102.22 Feb
2
30
102.23 Sep
2
30
194.14 July
104.24 July
101.7
Sep
20
101.11 Jan
7
104.14 Sep
191.17 Dee
104.23
101.19 Jun
14
101.19 Jun
14
104.18
Apr
100.24 Mar 13
100.25 Jan
1
191.19
104.4
Jan
100.23 Jan
100.26 Apr
2
191.14
Dec
Dec
Feb
104.10 May
100.23 Sep
17
100.24 Sep
100.16 Sep
100.7 Oct
10
101.12 Jun
1
Dee
104.15
101
Dec
102.20
Apr
109.17
Jun
105.17
Jun
109.7
Dee
101.11
Apr
Apr
101.T
Dec
105.18
103.8
Sep
100
Deo
103.24 May
103.24 May
Sep
13
100.27 May 21
102.26 May 25
100.7 Oct
4
102.26 May 25
100.23 Jun 10
101.14 Sep
Mar
4
100.4
May
100
Mar
2
100.2
Feb
103.13
101.13
103.6
Deo
26
100.21 Oct
3
11
26
Apr
102.23
100.31 Sep
Deo
102.25
Apr
103.30
Apr
103.1
Dee
103.2
Jan
101.30 July
100.30
103.4
Oct
101.14 Apr
°
27
100.7
Apr
Oct
100.16 Apr
4
102.10
*102.7
102.10
♦102.7
102.10
*102.7
102.10
*102.7
*104.27
104.30
*104.27
104.30
*102.7
102.10
<•>
High
102.10
*104.27
104.30
*104.27
*104.27 104.30
104.30
*107.24
107.28
*107.25
107.29
*107.28
108
*107.30
104.30
108.2
*104.27
1955-1966
108.2
*108.2
108.6
1951-1954
*103.27
103.30
*103.27
103.30
*103.27
2%s
103.30
*103.27
103.30
*103.27
103.30
*103.27
103.30
1956-1959
♦107.30
108.2
*107.31
108.3
*108.2
108.6
*108.4
108.8
*108.6
108.10
*108.6
108.10
*108.9
108.13
2%s_„
108.2
1958-1963
*108.8
2%s
108.16
1960-1965
*108.14 108.18
*108,28
109
*108.29
109.1
♦109
109.4
*109.2
109.6
109.8
♦109.4
1949-1953
*101.17
101.20
*101.17
101.20
*101.17
*101.17
101.20
101.18
101.18
♦101.17
2%s—
101.20
101.20
1950-1952
*102.17
102.20
*102.17
102.20
*102.17
102.20
*102.17
102.20
*102.17
102.20
*102.17
020.20
2%s
1952-1954
*102.24
102.26
*102.24
102.26
*102.25
•102.26
102.28
*102.26
102.28
*102.26
2%s
102.27
102.28
-1956-1958
$7,000
109.8
2%s—
108.12
*103.10 103.12
2%s___
1962-1967
*101.14
1963-1968
♦101.5
*103.10
101.7
103.12
•108.16
*103.12
103.14
•103.15
103.17
101.16
*101.15
101.17
*101.15
101.17
*101.5
101.7
*101.5
108.20
*108.16
108.20
♦109.4
-
*101.14
101.16
2%s__.
♦108.12
*103.18
*101.16
101.18
*101.7
101.9
103.18
*101.16
1,000
103.20
101.18
101.9
♦103.16
2%s—
-Jun 1964-1969
101.7
*101.6-. 101.8
♦100.26
100.28
*100.26
100.28
*100.26
100.28'
*100.27
100.29
*100.28
100.30
'100.28
100.30
2%s_
-Dec 1964- 1969
*100.25
100.27
*100.25
100.27
*100.25
100.27
*100.26
100.28
•100.27
100.29
*100.27
100.29
2%s__
1965- 1970
♦100.24
100.26
*100.24
100.26
*100.25
100.27
*100.25
100.27
*100.26
100.28
*100.26
2%s_
-—l.1966- 1971
*100.18
100.20
*100.18
100.20
*100.19
100.21
*100.20
100.22
♦100.20
100.22
*100.20
100.22
*100; 8
100.10
*100.8
100.10
*100.8
100.10
*100.9
100.11
*100.9
100.11
*100.9
100.11
*101.16
101.18
*101.16
101.18
*101.17
101.19
*101.19
101.21
*101.20
101.22
*101.22
101.24
*100.9
100.11
*100.9
100.11
*103.1
2%s
Jun 1967- 1972
_
2%s_.
-Sep 1967-
1972
t
*101.7
,
100-28
100.10
*100.8
100.10
*100.8
100.10
100.11
*100.9
♦103U
103.4
*103.1
103.4
*103.1
103.4
103.4
*103.2
103.5
*103.2
*101.26
101.28
*101.26
101.28
*101.27 101.29
*101.28
101.29
*101.28
101.30
2%s__
101.30
♦101.27
1954- 1956
*104.6
104.10
*104.8
104,12
♦104.10
104.14
*104,10
104.14
•104.12
104.16
*104.12
104.16
2 %s_
1956- 1959
*101.30 102
*101.30
102
*102
102.2
*102.3
102.5
*102.3
102.5
*102.5
102.7
Treasury
2%s__
Treasury
2%s_.
tTreasury 2s
Treasury
2s
Treasury 2s
Treasury
2s
Treasury 2s
Jun 1959- 1962
*100
100.2
♦100
100.2
*100
100.2
*100
100.2
*100
100.2
*100
100.2
—Dec 1959- 1962
*100
100.2
100.2
*100
*100.8
103.5
*100
100.2
*100
100.2
*100
100.2
*100
—Dec 1948- 1950
*100
100.2
*100
100.2
*100
100.2
*100
—Jun 1949- ■1951
*100.14
100.16
*100.14
100.16
*100.13
100.15
♦100.13
100.15
*100.13
100.15
*100.13
100.15
—Sep 1949- 1951
*100.19
100.21
*100.19
100.21
*100.18
100.20
*100.18
100.20
*100.18
100.20
*100.18
100.20
—Dec 1949- •1951
*100.23
-Mar 1950- 1952
.
100.2
*100
*100
v
__
100.25
*100.23
100.25
*100.23
100.25
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.27
100.29
*100.27
100.29
*100,27 100.29
*100.27
100.29
*100.27
100.29
*100.27
100.29
Sep 1950-1952
Treasury
2s
Treasury 2s
Treasury
2s
Treasury
2s
Treasury 2s
Treasury
2s
Treasury l%s
14
*101.1
101.3
*101.1
101.3
*101
101.2
*101.1
101.3
*101.1
101.3
*101.1
101.3
1951-1953
♦101.2
101.4
*101.2
101.4
*101.3
101.5
*101.4
101.6
*101,4
101.6
*101.4
1951-1955
*101.1
101.3
*101.1
101.3
*101.1
101.3
♦101.2
101.4
#101.3
101.5
*101.3
101.5
.—Jun 1952-1954
*101.1
101.3
*101.2
101.4
*101.2
101.4
*101.4
101.6
•101.4
101.6
*101.5
101.7
—-Dec 1952-1954
*101.2
101.4
*101.3
101.5
*101.3
101.5
*101.5
101.7
*101.6
101.8
*101.6
101.8
*103
103.4
*103.2
103.6
*103.4
103.8
*103.4
103.8
*103.4
103.8
*103.4
103.8
♦100.8
100.10
*100.8
100.10,
*100.8
100.10
*100.8
100.10
*100.8
100.10
*100.8
100.10
1957
♦97.9
97.16
*97.8
97.16
*97.8
97.14
*97.8
97.14
*97.8
97.14
97.19
1972
*97.14
97.22
97.16
*97.14
97.20
97.14
*97.14
97.20
*97.14
1953-1955
1950
—
Bank
101.6
for
Reconstruction & Development
01
Dee
103
July
94.10 Jan
15
98.30 May 17
01
Deo
103.4
July
94.14 Jan
15
99.30 May 17
♦Bid and
asked
price.
10-year 2y4s
25-year 3s
No sales transacted this day
^Called for
redemption Dec.
15
RANGE
Friday
BONDS
Last
Period
New York Stock Exchange
at
100.
FOR
a
97.14
Odd lot transaction,
WEEK
ENDED
r
DECEMBER
Registered bond
Sale Price
or
Friday's
Bid & Asked
Low
High
New York City
Transit Unification Issue—
Sold
No.'
Range Since
January 1
Low
J-D
104 A
103 % 104&
38
„>«,/
100%
97.19
6,000
197.22
13,000
transaction.
3
•
Friday
Bonds
BONDS
Interest
New York Stock Exchange
Week's Range
Last
Period
Sale Price
or
Friday's
Bid & Asked
High
Low
3%s Series No.
1980
97.14
Week's Range
Interest
Corporate Stock
the Week
Lew
High
Lew
SalM f«C
Dec. 3
Dec. 2
High
2%s
International
3%
Friday
Thursday
Dec. 1
Low
1952- 1955
101.19 July 13
27
Wednesday
High
1951- 1953
101.18 July 13
100.30 Sep
Low
Dec 1967- 1972
101.26 May 18
100.31 Sep
July
101.1
16
Hirh
2%s__
Apr
101.33
Mar"22
Lot*
2%s__
Apr
191.30
101.13
10
Nov. 30
*102,7
-1951-1955
,
May
July
1949-1952
High
Tuesday
2y«s__
102.13 July 13
100
100.21 Oct
103.13 Apr
10
Monday
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
10
191.14
103.4
28
3%s
point.
Nov. 20
Nov. 27
U
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
May
194.12
Saturday
STOCK
EXCHANGE
Feb
191.4
a
LOW AND HIGH SALE PRICES
OOYSRIQatKT BONDS
Year 1947
Lowest
at on* or at ere ltd of
they art the only transaction* «f
ipntlng the range for the year. •
_
SMK SKI.
ol eueh ealee la
the^nds me"rr
rten
14
High
Range Since
Sold
January 1
No.
3%S 8erieS N0- 15
J-D
56%
57
10
3%s Series No. 16
107
J-D
57
57
5
.
Low
51%
60
*56
J-D
Bonds
High
60%
52
60
£1%
60
53%
59
3%s Series No.
17
3%s Series No.
18
J-D
♦56
58
47%
60%
3%s Series No. 19
J-D
*56
59%
44
60
3%s Series No. 20
J-D
52
60
3%s Series No. 21—
J-D
3%s Series No. 22
59%
♦56
J-D
-
__
-
56
56
__
51%
60
65
*56
59%
51%
60
J-D
*56
58
47%
60%
3%s Series No. 24
Foreign Securities
*58
J-D
3%s Series No. 23
J-D
♦56
60
54%
61
3%s Series No. 25
"
60%
50
58
*56
J-D
48
60
55
60
54
59
3%s Series No. 26
J-D
3%s Series No. 27
J-D
3%s Series No. 28
J-D
♦58
3%s Series No. 29
J-D
*58
-
48
J-D
♦56
-
52%
60
*56
58%
57
58%
31
"
Wertheim & Co.
Telephone
Members
REctor 2-2300
-
120
New
York Stock
Teletype
Exchange
Broadway, New York
NY
Brisbane
(City) s f 5s
Sinking fund gold 5s_
Sinking fund gold 6s
1-1693
Canada
SAGtd sink fund
AGtd
6s
sink
fund
1947
1948
Akershus (King of Norway)
§AAntioquia
(Dept)
§AExternal
s
§ A External
§ A External
coll
7s
f 7s
series
s
f 7s series D
External
A
External
sec
AExternal
sec
s
f 7s
7s
2d
Australia
10-year 3%s
1956
—1967
—1962
f
6s
—1955
External
s
f
7s
1955
external
6
73
99%
191
97
8s„—1941
99% 100%
90%
91
90%
91%
90%
AExternal
s
i-1973;
10111
68
87%
93%
85
21
83%
90%
21
84%
92
83%
84
85
21
83%
92
101 Vi 101:9S
111%
9
99%
104% 104%
2
104%
109
17
107%
114%
111
J-D
f 6Vis of 1926
1957
,
-
UV/a
*61
50%
A-O
47%'
A-O
*60
~
*
48';
(Int reduced
s
to 3.375%)
f 6Vis of
1979
J-D
1927——1957
46
72
(Int reduced to 3.375%)
1979
(Central Ry)
—1952
62
37%
49%
62%
46
46%
28
37%
61
1
50%
443/4
4
37%
49%
62
62
2
54
47%
48
8
38
49
42%
42%
42%
5
37%
49%
A 6s
A-O
103% 103%
33
103%
105
J-J
105
105
105%
8
103%
105%
J-J
A-O
A-O
Feb 1961
27%
F-A
f
Jan 1961
6s
sinking fund 6s
A 6s assented
A 6s
sinking fund 6s
28%
18%
28
1
19%
28%
27%
27%
7
18%
27%
27%
27%
21
18%
27%
28%
1
20%
28%
20%
♦28%
J-J
•
27%
A-O'
—
'
Sep 1961
1962
M-S
M-S
A-O
27%
27%
6
18%
«27%
28%
28%
1
22%
28%
A-O
27%
27%
4
19%
1963
M-N
Sep 1961
21%
28
27%
18%
27%
20
28
18
27%
20%
27
J-D
♦28%
J-D
A-O
27%
27%
*28%
1957
1961
.
1961
fund 6s
27%
A-O
7s__'_
M-N
(Hukuang Ry)
5s
1951
M-S
J-D
27%
27%
M-N
,
27%
,
,
—
*27%
*2%
(Int reduced to 3.5%)—,
1973
J-D
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
(Int reduced to 3.375%).
External S bonds of 1944
1979
(Plan B)
—
A-O
27%
28
27%
28 %
-
3%s Series No. 1
J-D
60
60
1
49
J-D
57%
59
4
48%
'5%
J-D
-
58%
J-D
3%s Series No. 6—
J-D
3%s Series No. 7
J-D
33/4s Series No. 8
J-D
—
33/4s Series No. 9
J-D
„
3%s Series No. 10
J-D
3%s Series No. 11_
J-D
33/4s Series No.
12
.
63
51
61
2
48
60%
63
3
52
63
*62
'
page
33.
46 %
61
-
>
56
FIRM TRADING MARKETS
60%
5
52
64%
61
61
10
53
65
62
62
2
54
65
60
CARL_ MARKS & CP- INC.
foreign securities specialists
62%
60%
*56
62
—
—
*58
*56
60
49%
—
60
48
60
J-D ~
r
see
24
59%
j-d
3%s Series No. 13
For footnotes
17
59%
59 %
61
J-D
3%s Series No. 5
59
58%
3%s Series No. 4
,
securities
61
3%s Series No. 3
59
56%
59
50 Broad
St., New York 4, N. Y.
Telephone HAnover 2-0050
«■
17%
61%
3%s Series No. 2
27%
18
18
32
For Financial Inntitutiona
foreign
27%
18
19
27%
*28%
f
18%
19%
*28%
M-S
1960
i——-A960
29%
*28%
—
1962
1962
assented
assented
—
*27%
1961
assented
Munic
1961
27%
*28%
Stamped pursuant to Plan A
5%
28
28%
M-N
AGuaranteed sink fund 6s__
AChinese
19%
23
28%
J-D
J-D
6%s
fund
Cons
1
27%
1957
A6%s assented
A6s
28%
27%
1963
AGuaranteed sink
A Chilean
27%
:—
A6%s assented
A6s
28%
18%
Bank 6%s
assented
Mortgage
ASinking
19
1962
sinking fund 6s„
AExternal
27%
J-J
Jan 1961
s
assented
~1
21
1
27%
F-A
—
28%
27%
28%
1960
assented
50
28%
M-N
M-N
27%
28%
1942
1960
:
37 %
*44
1942
f 7s
s
A6s assented
A 7s
102 %
Feb 1961
AExternal
AChile
102
99
1961
sinking fund 6s
ARy external
AExtl
94
6
sinking fund 6s
A6s
101%
25
62
.t
—
J-D
AExtl
94%
98%
101%
J-D
1960
4s
assented
A6s
7
98
98
101
1954
of)
assented
AExternal
97%
98
60
"69
101
103%
F-A
62%
443/4
S A 7s
MS
1958
1950
49%
61
—
A-O
Stamped pursuant to Plan A
A7s
1043%
50
8
Stamped pursuant to Plan A
AExternal
94
85%
Stamped pursuant to Plan A
(Int reduced to 3.5%)
87%
83%
j-j
-
40
103
84%
j-d
-
94
90%
M-S
s
S of)
40%
40%
99%
F-A
1949
6%s
38%
31%
31%
J-D
External
(U
31%
33%
J-D
1966
20-year 3 Vis
15-year 3%s
SABrazil
32%
39
93
J-D
external
40%
*32%
F-A
1957
Belgium
40
31%
40
♦32%
J-J
10-year 3%s
—
40
31
32%
J-D
(Commonw'lth) 5s of '25-1955
20-year 3%s
31%
32%
32%
A-O
1958
40%
32%
A-O
AAntwerp (City) external 5s
31%
32%
A-O
series—1957
92%
32%
J-J
f 7s 3rd series—1957
s
s
65
65%
32%
*32%
J-J
1945
1957
64
60
80
J-J
1945
C
60%
♦60
*74
J-J
.1945
1st series—
f
M-S
1945
series B
s
A
♦60
A-O
1968
4s
f 7s
A
F-A
;
1957
A Carlsbad
(Colombia)—
6s
(Dominion
25-year 3%s
(City) 8s
lAChile (Rep) External
Foreign Govt. A Municipal
Agricultural Mtge Bank
i
3%s Series No. 30—
Teletype NY 1-97T
5%
27%
27
7%
(2346)
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
BONDS
Last
Period
Sale Price
A
A 6s
3s
Oct 1961
Jan 1961
of 1927
external
f
s
A-O
J-J
bonds
S
25-year
gold
loan 4Vis
4%s external debt.
5 A Denmark
M-N
readjustment
1979
Af-N
M-N
*40%
41
44
External
conversion-.
_—r_1979
M-N
77%
78%
6
731/4
85%
F-A
*40%
41
44
J-D
78%
73%
4
74
83%
80
92
J-D
M-N
m-N
69 %
External
gold
External
gold
El "Salvador
extl
3%s extl
s
Greek
"
102%
101%
of)
107 %
A-O
J-J
F-A
75
A-O
63%
*40
7s
;
52
70
35
Southern
Alabama
Power
1st
J-J
paid—
1964
paid
1968
i960
Albany 6c Susquehanna
rr 4%s_.1975
A-O
100% 100 Vi
90
Alleghany & Western 1st gtd 4s__1998
Allis-Chalmers Mfg 2s debs
1956
A-O
*80
M-S
*98Vi
99
1966
j-d
2030
m-s
6%
5%
J-J
J-J
»
1947
'
58
-
—
16%
15%
47
6c Foreign Pow deb 5s
American Telephone 6c Telegraph
69%
9%
551%
2%s
debentures—
38
«•
45
2%s
debentures——
10%
2%s
debentures
2%s
conv
*
—
2%s
2%s
conv
101
104
6%
6%
6
10%
5%
50
—
48
,
(State Mtge Bk)
7s
to
AAss'td
1
18%
20 Vis
Nov.
;
J-d
*6Vi
*
m-N
5
6s of 1913
assent
J-J
11%
*6
J-J
*4%
J-J
6%
J-J
1942, agree.1963
J-J
6%s
a-O
external
f
s
^1958
to
(Int reduced to
2.125%)
5%
1
13 %
to
10%
15%
12
12
4%
4% '
12%
6%
50
4Vis
M-S
*22%
m-S
31%
M-S
iM-N
5%
'7%
i
14
18
31
-
a.q
29
19%
30
33
a4Vis
A4Vis
7s__
82 %
22%
j.q
2008
J-D
•
A-O
75
j.j
196I
6
67%.
Stamped pursuant to Plan
(Int reduced to 2%)
9£
__
73
-•..
69
sink
A7s
'
reduced
external
Plan
fund
to
reduced
to
A 8s external
Stamped pursuant
extl
f
A4Vis
6%
*8
6%
6%
%
2
6%
14
6
11
5%
7
*33
6 Va
100%
94
82
13
,
'"1
62
94
86
'
1
'
98
r
9%
23
23
36
33
36
*
A-O
*25
F-A
F-A
23%
32%
32%
1
22%
22%
22%
11
70 %
58
57%
.70%
62 %
66
57
70
J-D
71%
70%
71%
17
67%
78%
May
51
49%
51%
237
45 Va
56%
84
84
91%
*39%
—
J-D
*30
*
__
35
J-D
♦21 Vi
M-N
28
26 Va
J-D
*23%
J-D
18
24
24»/a
34%
41%
29%
31
21
--
27
30
26%
34
221/4
221/4
241/8
24%
41
41
*23%
43
1
27
27
18
31
33%
lien
28 ye
29
31
—
22
27
1936
J-J
J-J
—
~
40
40
29
—
4s
1950
J-J
—
J-J
1999
M-S
36%
46
27
38
34
36
5
40%
A
mtge
mtge 5s
4%s
mtge
4%s
Gen
Bush
ser
Co
1st
Consolidated
5%
Canada
*8%
*5%
1957
J-J
*__
*
86 %
83%
/
90
67
80
4%
5%
3%
—
*97%
98%
*82
91Vi"
a-o
82
26
72%
55
55%
27
50
*102
*98%
j-j
60%
*__
a-o
85%
95Vi
50
60
102
93%
a-o
j-d
102
85%
58
94%
j-j
103
92
__
*101
58%
m-n
27
102
::
98
85%
/
m-n
3s__-_„1976
86%
102
vi
*100
f-a
m-s
1952
102%
19
a-o
1957
100
81%
f-a
1976
jt.
88
55%
m-n
-July 1970
——1954
99%
89%
82
'j-j
1960
4Vis
*83%
97 Vi
100
101
*101
m-n
123
96 %
104
24
94%
105
58
100 Va
'
3
;
1st
88%
104
99
93 Va
100
68 Vi
102
96
107
a-o
103
j-j
113%
a-o
107 %
4%s____
1957
Guaranteed
gold 5s_l^—^__Oct 1969
Guaranteed gold 5s—
__1970
Guaranteed gold 4%s——l_1955
Guaranteed gold 4%s
1956 :
Guaranteed gold 4%s
—„1951
Can Pac Ry 4% deb stk perpetual
gold
9
111%
114 %
107 Va 107 %
6
107
109%
107%
109%
6
110%
113 %
f-a
'112!%
111% 112 Va
4
110%
112 %
m-s
106%
106% 106%
94
94 %
11
'
94 Va
j-j
m-s
_1981
Carthage & Adirondack
1st mtge gtd 4s
no
113% 113%
*107% 108%
112 % 113 %
j-d
;_1965
Ohio 4s
Clinchfield &
f-a
102%
100%
104
103
-
103%
99%
*99% 100%
m-n
Guaranteed
98%
*96% 100
—___1974
cons
j-d
107
107
.
60
2
107%
106
82%
107
107 Va
97%
108 Va
Ry—
67
a-o
Celanese Corp 3s debs—_t.t—
__1965
Celotex Corp 3%s debs—__j_____1960
3Vis debs
__11960
(1947 issue)
Central
of
Georgia
f-a
f-a
■
'
1
58%
71%
20
67
102
%
100%
1031/4
102
9
*75
j-j
63
*
65 Va
101
75
80 Va
79
63
71%
66
78V2
86
64 Vi
48 Vi
60%
70
49%
63%
102
__
80
'
__1995
Jan 1 2020
Jan 1 2020
99
100 Va
*101
j
j-d
1948
Ry—
mtge 4s ser a
■
102
102
102
Gen
mtge 4%s ser a
Central
a 5s
Illinois
n
&
j gen
gold 5s
4s.
ref
York
i_1987
a-o
51%
1st ref
gtd gold 4s_1949
series a
107
—
(4(4%
1st
mtge
to Aug
3%s
73'%
77%
103
37%
85V2
73%
76%
286
35%
85 Va
63%
66%
70
32 y2
64
4
32Va
100% 101
6
97 Vi
64
q-j
a-o
'
•
:
b
l-1974
1968
-
101
f-a
13
lOlfo 101%
f-a
99
General
8(4
3
104 Vi 104%
120
9 6 Va
101%
*98% 100
m-s
Ref &
7
13%
5
9v4
85
90%
gold
4%s
•__•
.-
1992
Impt m 3 Vis series d
1996
impt m 3%s series e
__1996
r & a Div 1st cons gold 4s____lS89
2d oqnsol gold 4s—
1989
Ref
101
15
99
f-a
j-j
Champion Paper & Fibre deb 3s___1965
Chesapeake & Ohio ry— •
8
73i/2
'
69'/a
103
103%
'
1 1949)
ser
107%
77%
76%
j-j
1974
3s___
*107%
j-j
—^■—1_1987
Power
50%
q-j
-
-
1987
—1987
—
registered
New
May
Light 3%s__.—.—1966
registered
AGeneral
May
-
'
8
5%
7%
96
*
35%
12
25
gtd 5s a___1962
National Ry—
35%
M-N
98%
m-s
4s
Power
25%
J-D
97%
11960
Elec
Central Pacific
J-D
97%
h955
Southern
41
1958
93
98
93%
100 %
1
32
1958
20
5s
1
1962
93%
l31dgs 5s gtd
Terminal
39
5%
93%
„1961
a
7s
119
*119% 120%
m-n
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88%
88%99%
'
Bush
1st
M-N
5
93 Vi
_l__1976
——
modified
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80
11
94
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Buffalo Niagara el 1st mtge 2%s__1975
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34
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95
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—
mtge 2%s
26
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series
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1961
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33
A
1
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94
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1951
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39
>> 1 OO
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94
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1951
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33
1
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-1951
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Extension
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a 4s
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.
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36
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39
A
ref m
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47
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41
25
—
29
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v
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79%
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1980
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.
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2012
-Feb 12010
.
a—1
series
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A-O
2004
due Dec 1 1995
j
33%
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*32
2012
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Calif Oregon Power 3 Vis
A-O
30
1968
Sydney County Council 3 Vis
|
!
1956
7s
•*
37
A-O
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_
extl
58%
62%
60 Vi
Stamped
to Plan A
assented
61
60%
62%
—due Dec 1 1995
Bristol-Myers Co 3s Debs—
1968
Bklyn Union el 1st gold 5s
:
1950
Bklyn Union Gas 4s debentures—1969
27
33%
2%)
61%, 62%
61%
m-s
AInc mtge
27
29
33Vi
2.5%
62%
m-s
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13
33 Va
29
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1940
extl
40 Vi
,97%
J-D
g
1st mtge 4s
9%
33
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2%)
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sec
86%
56 %
45
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contingent interest)—
1st
17
*28Vs
7s
of)
99%
5%
mtge
1st
"9%
16
~2
6 %
*22%
1978
(Kingdom)—
A 7s series B
A Silesia (Prov
99%
'15%
due Mar 1 2000
Canadian
(Int reduced to 3.5%)
Serbs Croats & Slovenes
secured
j-j
'13
;_due Mar 11996
California
1945
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A8s
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6 %
21
-
M-N
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reduced to
3%
Creek
1st
8
M-N
water loan
s
1966
25
9
*'
k
BMon
17%
16
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1952
A6s extl dollar loan
(Int
14ya
15%
2001
Stamped pursuant to Plan
(Int reduced to 2.25%)
lASecured
38
Bethlehem Steel Corp—
Cons mtge 2%s ser i
17%
J-J
1952
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A7s
52
36%
Beneficial Indus Loan 2Vis debs
17
14%
_____1957
f
Bell
27
14 %
to Plan A
to
51%
■
m
4s
32
A
Paulo (State) 8s
Stamped pursuant to Plan
;
21%
__
A
IA San
(Int -reduced
30
12
1966
(City of) 6Vis
Paulo (City) Ss___
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gen
Bangor & Aroostook rr—
Con ref 4s—1
106
-•
2.25% )____2004
s
106 Vi
•'
'
j-j
86%
1st
95
51
2012
ASao
Stamped pursuant
35
1968
gold
ARome
A6Vis extl secured
__
1999
1926
to
105 %
98%
j-j
fxd 6c 1% %,cont int)—1980
Toledo Cincinnati division
95
75%
101%
10
J-J
1953
7s 1967 stmp pursuant
to Plan A
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2004
*
80%
78%
A
2%)
loan of
reduced
2001
102
to Plan A
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(Int
103 %
' 91%
s'western div 1st" mtge
93
*15
j.n
2012
(Int reduced to 2.5% )__
external
29
-23
104
1948
(3%%
92
80%
15%
A
Rio Grande do Sul (State
of)—
SA8s extl loan of 1921
(Int
104%
100% 101%
104
101%-
93 %
66%'
15
.
15%
*7
A
to Plan A
reduced to 2.375%)
A External sec 6 Vis
to
15%
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1963
(Int
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104
m-s-
Series
vv 94%
15%
'
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A6s
101
1st 4s__1948
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a 4 Vi $ conv income
97%
68
15%
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*22%
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a.q
2.375%)
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2006
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1946
i
*31
a-o
1950
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A-O
1968
assented
78%
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*
1947
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78%
M-S
1958
f
s
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,
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.1964
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1940
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.
July 1952
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____
m-s
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,
115
m-n
Pgh Lake Erie 6c West va—
96
8
77
80%
M-S
'
1947
1961
assented
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123%
106%
86%
and 3%%
26%
89%
11
80 %
*80%
M-N
1994
1959
ser
A External
*
115%
48
120% 121%
92%
Ref
77
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1967
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a-o
Series
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77
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1963
s
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103 Va
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M-N
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1963
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26
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82
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,
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,
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-94
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40
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•
Ref 61 gen mtge 6%
62
82
1955
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; (Int reduced to 2.125%)
s
102%
101% 102 Va
-■
July 1975
Ref
32
95
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1957
ref
ANat loan extl
99 vi
116%
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23
■'.
and
9%
30%
__
29
94%
85%
A-O
1963
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91%
106 vi
102 Va
mtge 5%
ser
b (4% fixed
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and
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95
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.
1955
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.
13
102
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*
93%.
97 %
285
94
108 % 109%
102
'
90
B
1st mtge
13
~7%
13
1959
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A
Stamped assented 5s
Stamp mod 3Vis ext to
f
33
90
98 Vi
109
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8%
Panama
sec
90%
101%
7%
7
—
24%
*31
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Oslo (City) sink
fund 4 Vis
Ext
440
92%
18
24%
2008
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fund
90%
A-O
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86
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5%
...
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m-S
.
sink
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24%
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kt
reduced to 2.125%)__2008
Netherlands (Kingdom) 3%.
,_1957
Norway (Kingdom of) 4Vis
1956
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r
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85
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97%
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§AAtlantic & Danville Ry
-
65
85
Series
1952
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___.1
4s_
General
37
9
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1933
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Atlantic
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9%
-
31
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s
7%
36
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1954
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34
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60
109%
A-O
1966
4s_——i——*—1995
Stamped
27%
33
178
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19%
■
25%
1942, agree_1963
Aw.,AAss td t0 Nov> 5'
4s
12
27%
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extl 5s of 1899
£__1945
of 1899
1945
(US)
SATreasury
,
22
90 %
A-O
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General
.
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a-o
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103%
92 (i
J-D
—:
deb 3s„—....—1962
1969
31
26%
1957
1987
debentures.—_______ 1957
Topeka & Santa
80
89%
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A-O
-July 1995
22
22
j.j
1943
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j_£>
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1951
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1
1952
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'
15%'
j.j
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A
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1982
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a
23%
99
78 %
78
-
67
91 Va
85%
.
J-D
Ann Arbor 1st gold 4s
3s
103
13%
,
„
78
96%
.
17%
86 Va
22
.,
94%
92
.
J-J-
;___1961
debentures—
88
100 '4
80
90
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-1986
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70
84
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F-A
..—1975
;
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8%
—1930
_
68
97
<
co—
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'
10
*25Vi
i
Irrigation—
5 A Mexico
debs
3s
44%
55%
*51
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m-r
1977
7s
(Colombia)
5a4>/2s
Airlines
Atchison
__„1977
107 Vi
98
82
♦102%
M-N
1977
104%
103%
1
95
59
54%
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Italian
AMedellin
104 Vi 104%
13
—
68
6
28
100 Va
.1972
3Vis
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10
j-j
*103%
19
55%
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1960
3%_
11
companies
24%
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M-N
25
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S A 7s series B
271/a
,
5
_196?
3%s
mtge
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64
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part
A Jugoslavia
7
85
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J-J
1949
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90
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241/4
-
63
Government—
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86
__
73%
'
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.
5 Vi
1952
Great
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1967
7s
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F-A
82%
84 %
•
J-J
Italian Credit Consortium for
Public Works 1% to 3%
-
*6 %
85%
railroad
AAdriatic Electric Co 7s
A7s
-
F-A
1953
1958
assented
Alabama
J-J
Irish Free State extl s f 5s
Italian (Republic) extl s f l-3s
-
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15
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111%
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j-j
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73
49
80
118
105
*99
—
$
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1978
.—1952
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;
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198.4
readjustment
extl
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102 41
99%
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Jan 1, 1976
Jan l, 1976
Helsingfors (City)
■
3%s
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—
1978
a Venetian Provinces 7s
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A6s
'
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18
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ltu7>
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79
12%
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1942
6s
$
s
53%
16
36
F-A
Jan 1, 1976
f
f
extl
82
9
13%
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3%-4% -4&s extl conv
4-4%-4%s extl readjustment
J-D
1962
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(Republic
3s
AEstonia
58
66 Vi
13%
M-S
1960
f S
s
71 %
65 %
13%
1955
20-year
121
1964
3%-4-4%s
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1953
to
121
a External
43
(int reduced
extended
122
41 %
Czechoslovakia
6%)
126
117
*40 Vi
35 Vi
1977
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124
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73%
*68
36%
1949
Sinking fund 5%8
(State)—
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45
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A-O
1949
C-
fund
High
F-A
M-N
75
1951
series
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Low
1946
6s
69
1947
1914
fund
January 1
No.
1960
extl 8s
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Range Since
Sold
High
35%
1953
External
French
High
(Republic)
Bonds
Friday's
Low
69 Vi
1946
4%s
or
Bid & Asked
36%
1947
1927
ACosta Rica (Rep of) 7s
Cuba (Republic of) 5s of
4s
Lo*w
69
A-O
1952
{ASinking fund 7s of
Copenhagen (City) 5s
Week's Range
Last
Sale Price
Period
a External
1970
jAColombia Mtge Bank 6%s
§ ASinking fund 7s of 1926
to
January 1
No,
High
Interest
BONDS
New York Stock Exchange
SAUruguay
1928
;{
Range Since
Sold
(Republic of)—
6s of
RECORD
DECEMBER
ENDED
Friday
Bonds
Friday's
or
Bid & As.ked
Low
Colombia
BOND
WEEK
Week's Range
Interest
New York Stock Exchange
FOR
Monday, December 6, 1948
CHRONICLE
FINANCIAL
&
-
m-n
92
f-a
-
&
92 %
j-j
j-j
91%
92 Vi
*__
120
96
2
93%
9
94 Vi
20
1041%
100%
130%
91%
104%
92 Vi
106
114
118
110%
119%
102
—
117%
109 Vi
110%
Volume 168
Number 4757
THE
•
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2347)
rf"'
31
NEW YORK BOND RECORD
RANGE
Friday
BONDS
New York Stock
Interest
Sale Price
or
Friday's
Bonds
&
1958
ref
4'As
1-st
&
ref mtge
1st
&
ref
3%s
mtge 2%s
Chicago & Eastern 111
F-A
—
F-A
__
1970
B
J-J
1977
1985
series
High
No.
Low
F-A
110'A 110%
5
108
110% 110%
97%
97%
6
109%
'9
93
1
91
95
1997
AGen
inc
1985
44
M-N
43%
74'A
Af-N
__
4s
mtge
inc
Milw
St
mtge 4s ser
Gen
mtge
*118
4Vis
conv
Pac
inc
3s ser
AGen
15
39%
55%
93%
1956
*58%
61
49%
50
93%
1
93%
5
88'A
100%
17
99%
J-J
J-J
—
J-J
100'A
100
60
65
66%
207
65
52%
54
210
52%
61 %
Apr
59%
J-J
J-D
59
106%
Income " 2%-4%s__
1994
90
90%
90'A
series F______
;
J-J
1963
J-J
__
*100
104%
J-J
-
■_i
*55%
mtge gtd
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3%s series E
G
ser
1969
Cin
Chic
&
St
General
Ref
&
Cin
Wab
&
1st
Cleveland Electric
mortgage
Cleveland
&
Series D
coll
1st
J-D
1977
J-J
1991
Ilium
4s___1990
3s
Cleveland
Terminals
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Gas
&
Elec
&
Toledo
1st mtge 3s
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103
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101
13
109%
112
116
123%
110 1
117%
J-J
J-J
1976
;
J-J
1977
_1978
__
f 33As A
s
Edison
of
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96%
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3s
series
1013A
__
4
—
<
91
ser
P
1982
J-J
84
Q___
2010
J-J
75
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R
____1961
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*95
Feb
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A
Mobile &
<jc
Ohio
9
106'A lOS'/a
29
101% 103
45'/2
F-A
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23
93
v
Power
1st
Baking
Crucible
Steel
§ A Cuba
Northern
1st
102 'A
II
1st
5s
§ A Deposit
1975
84%
80
100
Apr
States
Util
1st
M
2%s__
M-N
1942
J-D
1952
series
A
deposit rets
104%
IOI1/2
52
A-O
7
66%
56%
*94
M-N
1st mtge 2%s__1976
97
*93%
97
93
94%
*101
M-S
97%
__
*93%
J-J
94'A
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J-J
93%
M-N
93
95%
10
93 '/8
94%
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23
F-A
60%
60
23
22%
127%
98
94
88
-
103
61
A-O
96%
117
119
95%
J-D
income 5s__
Feb 1957
;
.
Illinois Bell Telep 2%s series A___1981
1st mtge 3s series B____l__-____l978
Illinois Central RR—
101%
1st
102% 103'A
53
gold
4s
gold
3%s_-1~__
104
1081/4
Extended
100%
1071/4
1st
96 %
104%
1
24%
1st
gold
gold
Refunding
4s__
Purchased
lines
"
96%
105%
93
57%
68
228
17%
29%
103%
108 i/a
107
Cairo
J-J
102'A 102'A
14
101
104%
104%
101
104%
1966
___1950
107%
95
3'As
95'A
95%
943A
97'A
97'A
3
95%
19
100'A
15
107'A 107%
92%
81
99'A
99%
31
99
99%
7
*89'A
91
106
*82
96%
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Joint
and
1st
100
1st
&
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1st
ref
110%
Illinois
101%
Indiana
ref
ref
5s
4'As
&
L
&
N
J-J
Ry
Iowa
4s
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101
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102
97
101
97
101%
J-J
1951
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1951
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J_
101% 101%
102
—
series
34%
42'A
AAdjustment
84
A 1st
A
5s
92%
94%
67
88%
84%
87%
79
81%
80
80
80
A
1970
J-J
*95
101
4s
1950
J-J
♦101
102
.
J-D
A
74
#
July 1952
90
33'A
12
311/2
36%
10
33%
37%
71%
37
Int Rys Cent Amer
1st
5s
34
A-O
23%
23 'A
24
102
85%
68
67'A
68
A-O
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65%
657/a
M-N
66%
65%
66
71%
50
18
*
43%
48%
114
*96'A 100%
76
20
15
J-J
52%
223
J-J
1944
B
85%
—
74
1956
gold 5s series C
§AInternat Hydro-Elec deb 6s
34%
88'A
101%
100
—
__1956
B
1st
93%
95
RR—
1952
6s .series
t
J-J
1986
100%
77
1
.
A
series
101
94%
Ref & Imp 2'As ser C__
JInternational Great Northern
6s
103
101
—
Indianapolis Union Ry Co—
1st
100
*101%
87%
34'A
34'A
*100
J-J
J-D
IOI1/2
A
103
F-A
J-D
102
55%
104'A
J-D
96
94%
89%
104%
98%
1963
ser
108'A
103%
—
104%
*101%
102%
77
113
__1963
C_
D_
ser
34%
*33
*100
85
102 %
102%
8
O—
33'A
J-D
J-D
*103 »A
J-J
series Ax_______1963
series
Terminal
80%
84
St
mtge 4s
111
83%
F-A
Chic
97%
48
11
111
99
105% 106%
105'A
95
16
105%
84%
98
1
101
.
98%
22
101
101
x_1951
x
13
104 'A
101
J-D
Springfield Div 1st gold 3'As
Western Lines 1st gold 4s
101%
88
d50'A d50'A
d34% d35'A
1946
94
.104
F-A
;
Bridge gold 4s
Gold
-
,
103%
70
101% 102%
101
M-N
Div 1st gold 3s___
1951
Louisville Div & Term gold 3%s_1953
Omqha Div 1st gold 3s^
___1951
104 Va
101 %
99%
*35
101%
M-N
St Louis Div & Term gold
3s____1951
II.
*104%
103%
102
100'/a
J-J
1955
102%
100%
101%
M-N
__1952
_L_1953
100
101'A 101%
—
A-O
________1955
100%
102
M-S
____1952
101
103% 103%
*101'/a
A-O
3'As
Debenture 4%s
105
1951
94%
95%
*—
J-J
_____1951
fCollateral trust gold 4s_i
Refunding 5s
101
95%
J-D
-_____1951
3s
104
105
3'As
J-J
1951
1
sterling
Collateral trust gold 4s_l
58%
J-J
receipt£___1946
§A6s series B deposit
99%
J-J
___
59
106
103%
AAdj
1021/2
J-D
gold
57
J-J
1976
_____1978
3s
58 3A
92
100%
J-J
1966
107'A
M-S
1965
3'As
receipts
101%
68%
92%
70
*94'A
97'A
M-N
debs..
;
93
2
99%
77%
591/2
44'A
A-O
SADeposit receipts
97%
74%
1st mortgage
99%
67%
101% 101%
J-D
1st 5'As
Ry
97%
*__
D
Registered
95%
J-D
mtge 2%s
3s
mtge
102%
*70
seris
Hudson Coal 1st s f 5s series A
1962'
Hudson Co Gas 1st gold 5s___
__1949
Hudson & Manhattan 1st 5s A
1957
82
97
98%
105% 105%
1968
11%
100%
H
10
*__
23As
Gas
74
6%
102
102
J-J
A_____July 2015
ser
95%
9
A-O
J-D
J-J
_____x__1963
Natural
102
82
63
J-J
ref 3%s
Hackensack Water
13
F-A
1972
5
96
__
1969
&
Hocking Valley Ry 1st 4%S~—--1999
Household Finance Corp 2%s_
1970
46%
A-O
___1972
75
RR—
4s"series
re!
mtge inc 5s
75
99%
92%
70
18
98
827/8
91%
85
*8%
A-O
87%
88
83%
Feb
1959
5
90
ser
York—
C~___
ser
88%
*87
2%s
109
78
95
106'A 107'A
1965
D
debentures
87%
mtge
ctfs
"l
115'A 115%
J-J
101%
101'A
89%
105
A-O
1st &
109% 109%
*119% 120
100%
102%
__
.1961
3'As
109%
J-J
—
97
93
*104% 106
M-S
§ A7'As
97%
1990
Gulf
102'A 102'A
A-O
.1977
RR
2
2000
1st
M-S
.1982
Continental
,
82
66
103% 103%
A-O
1955
4s
mtge 2%s ser B_:
Consumers
99%
N
Co—
Cigar Corp
Consolidated
10
*100% 102
1st & ref mtge 23As ser A
ref
-tb*.
68%
A-O
1st &
conv
99%
■
F-A
.1970
series L
Conn River Pwr
ref
"l
*103% 104%
106'A
1971
3'As
3s series N
Consolidated
106%
*86
f'
106'A
Ry & L 1st & ref 4'As—___1951
Consolidated
'
o
a.1973
extl
86
M-N
Litchfield
Commonwealth
1st mtge
102
89%
67%
W--
A-O
__1980
3%s debs
1st
81%
—
mtge inc 4s ser B______Jan 2044
Collateral trust 3%s_
___1968
1053A
*64%
A-O
1977
.
El
4
0_~_
1st
Ry—
debentures
Columbus & Sou Ohio
103
85
ser
Gen
102 %
5
80
*99%
—
67'A
1973
3'As
Columbus
^
'
'
1972
(stamped modified)...
Columbia
80
Co—
series C
Southern
'
J-D
1961
1st mtge 5'As series A—
1st mtge 5s series B
&
103
84
ser
Gulf
102%
5
95
ft
J-J
„__1950
1st
Colorado
91
106%
__
M-N
1982
3'As gtd
1st mtge 4'As
102
106%
RR—
Cleve Short Line
62
105
*100%
104%
'
1970
3s
Union
101
101%
—
80
J-J
4s
trust
Pittsburgh
06
102%
M-S
1952
j
Bay & West deb
Debentures ctfs B
Grevhound Corp 3s debs
99%
99
*91
J-D
1993
Div
102'/a
55%
J-D
A
Ry—
B
Mich
Div
104
50%
1949
1973
series
AGreen
15
98%
80
94
74
101
.98%
■
J-D
impt 4%s series E___
St Louis
49
__
104
Gen
107%
76
1
*106%
„
J-D
lybl
2
series
5s
,__1966
1993:
Louis
102
100
57
M-N
Gen
*99
F-A
D
4%s
mtge 3%s
mtge 3%s
Gen mtge 2%s
4
104%
99
F-A
____1974
,
General gold 4s
15
—
1956
Gen
105
100
—
104% 104%
—
B
General
94
100
2
102 % 102%
A-O
1978
City Ice & Fuel 2%s debs__
city Investing Co 4s aeos____
A Cuba
M-S
103% 103%
*102'A
1969
5%s series
General 5s series C
j.st
104
M-S
1975
71%
5
74%
J-J
1st mtge 23As
101'A
140
77
—
__
mortgage 27/aS
3s
55 Va
mtge 2%s_1965
Co—
Ry
General
70'A
100
77
J-J
J-J
1962
11
91
Cincinnati Union Terminal—
Conn
57
103%
Gen
101% 101%
—
4s___1952
conv
89
*101
1963
D
58
—
102% 102%
Chicago Union Station—
4'As
M-S
Gen
218
106 Va 106%
——
,
61 %
*87
—
J-J
Memphis Div 1st gold 4s
-1951
Chic Terre Haute & S'eastern Ry—
;
1st & ref M 23/4-4'As
1994
1st
High
Corp—
4s conv inc debs
Goodrich (B F) Co 1st
75
54
J-D
1st
M-N
J-D
1974^
A
Great Northern
Apr
J-D
-
1959
-1961
_!
Gas & Elec of Berg Co cons 5s
General Realty & Utilities
106
Apr
Apr
1st
Low
80
1989
series
No.
90%
67
B
1st mtge 27/as ser G
Chic & West'n Indiana
High
Range Since
January 1
120%
54%
1951
Cine Gas & Elec
111
Jan 1 2044
ser
Sold
'
79
4s
B
Bonds
.
55%
A.Jan 2019
ref 4'As
80
A__Jan 1 2019
mtge cony 4Vis
1st &
71%
14
Gold 3Vis
,
1st & ref 5s series A
Certificates of deposit——
Francisco Sugar coll trust 6s
51%
11
15
RR—
f.er
Friday's
'
74%
J-J
Chicago St L & New Orleans 5s___195l
1st mtge 3'As
34
86%
1994
ser
30
85'A
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A
1994
Cleve
& Rub 3s debs
tFlorida East Coast 1st 4%s
A
73%
mtge conv inc 4%s___Jan 1 1999
mtge
1st
Firestone Tire
,
74
A
4%s inc
119
or
Bid & Asked
Low
99
86%
Chicago & North Western Ry—
1st
112
100 3A
J-J
A____Jan 2003
ser
&
Paul
74 3 4
If
Week's Range
Last
112
J-J
A_x—Jan 1983
ser
mtge 4 Vis inc
44%
1
Sale Price
Period
High
1988
Chicago Indiana & Southern
2nd
Interest
■
A
Chicago Ind & Louisville Ry—
1st
Friday
BONDS
New York Stock Exchange
Jan 1 2038
4%s
mtge
J-J
1982
Chicago & Erie 1st gold 5s_____
Chicago Gt West 1st 4s series A
Chic
3
'
mtge inc conv 5s
1st mtge 3%s ser B
A 2d
95
RR—
A Gen
A 1st
DECEMBER
January 1
Chicago Burlington & Quincy RR—
1st
ENDED
Range Since
Sold
Bid & Asked
Low
General 4s
WEEK
Week's Range
Last
Period
Exchange
FOR
60
■
99
71%
67%
102
D
Dayton Pr & Lt
Dayton
Deere
Y
A-O
1963
M-N
1973
M-N
_1993
M-N
63
May 1 2042
M-N
66%
extended
West
&
&
4s
ser
RR
Western
M
5s
Morris
&
Coll
1st
Essex
Tr
mtge
Denver
1st
mtge
l'/o
C__
ser
Light
tr
A
_1973
3'As—
Grande
ser
3s
West
(3%
1977
RR—
mtge
A
ser
&
1%
Detroit
contingent
Edison
&
ref
Gen
&
ref
3s
&
1993
J-D
gold
Detroit Term
&
97
86'A
80'A
63
54
68
66'A
66%
36
101'A ioi'A
5
1st
103
J-J
85
Apr
65'A
1993
J-J
series
1982
86'A
31
63'A
65'A
137
1958
79'A
80
21
80
93
51%
4'As
70'A
J-D
4s
-.1995
4'As.
108% 108%
102'A 103
105'A
unguaranteed
104% 105'A
104%
68%
76
74%
76
74'A'
74'A
1
58%
104'A 104'A
M-N
5
96
84
84
96%
97'A
35
96
98%
48
46'A
48
4
38
49%
Duquesne Light Cd 23As_._—:«
1977
F-A
98
98
1
96%
Div
1st 5s
1956
M-N
gold 5s
1995
J-J
Elgin Joliet & Eastern Ry 3'As
1970
M-S
1965
A-O
1965
A-O
1st
cons
S'western
1st 5s
stamped
*111%
*142
.
inc
1st
4'As
ser
A___Jan2015
mtge 3'As ser ?
cons
cons
Div
a
50
J-J
IOO1/4
114%
50
44
♦108
*97
97
100%
112%
112%
97
98
169
M-S
4
81
86
100%
:
mtge sf 3%s
Lake Sh
&
Mich
ser
Sou
A
176
19
99 3A
103%
%
11
%
1%
105% 106%
41
100% 100%
gold 3%s
1997
A 1st
Nitrate
mtge
Co
J-D
94%
94%
1997
J-D
90
90
_1975
3'As registered
Lautaro
102
111%
103
*101
3'As
mtge
1st
141
148
—-r
103
104%
4
—
112%
156%
102
105%
101%
106%
100
105%
mtge
see
.1964
1990
J-J
69%
— —
68%
69%
46
J-J
64
73%
*94%
12
93
95
*81
A-O
84%
81
86%
G
___2000
J-J
*75
85
78
86%
H__x;
___1953
M-S
*95%
99%
95%
96%
set
mtge 2s ser
For footnotes
no
-i.
3%s-~.
uaae
33.
.1971
M-S
•
•'
-
100
100
;;
Deo
91%
91%
*94%
96'A
88%
98
82%
12
\v
90
81%
92
.
Ltd—
income reg
mtge 3'As
%
J-D
..1968
ser A
.
91%
4
.
1970
A-O
——1954
t
F-A
90
98%
95
—
*100
100%
F-A
94%
95%
84
F-A
93
93
20
82%
.
96
5s
95
stamped
1964
stamped
1974
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4%s ext. 1950
Lehigh Valley RR—
4s
4
registered
%s stamped modified
4%s registered
5s
stamped
modified
F-A
2
60'A
68
12
60
71%
J-J
;
68
68
68%
5
67
75
j
2003
stamped modified
4s
1st cons mtge 3'As ser E_,
l«t
—
*104
103
Erie Railroad Co-
Ohio
99%
97
5s
& Ga
(NY)
mtge
103
104%
109
7
*100%
M-S
—
cons
r
J-J
1959
S F
1st
99
J-J
Lehigh Coal & Navigation Co—
Gen
973A
*108
A-O
Lehigh Valley Coal Co—
5s stamped
x_-
&
96%
12
99%
A-O
1st
106%
97'A
M-S
101%
56
98%
J-J
Laclede Gas Light 4'As conv debs__1963
Lakefront Dock & RR Terminal—
105%
12
2
101% 102%
99
A-O
1964
100
98%
218
99%
J-J
_1997
98
100%
101% 101%
102
1961
l
94
99%
104%
J-J
Paso
83
98%
110%
100'A
76
J-D
—1961
108%
J-J
East Tenn Va
J-D
96
tqo 1/,
1961
tAKreuger & Toll 5s ctfs
82%
107%
95'A
J-D
66%
1
25
M-S
1995
79'A
M-S
J-D
Tunnel
A-O
Ry
ser
Kentucky Central gold 4s
__x__1987
Kentucky & Indiana Term 4%s
1961
Stamped
1961
1937
5s
72%
953A
11
97%
"A-O
mtge 4s
1st mtge 3%s
Kings County El L & P 6s__
Koppers Co 1st mtge 3s
G___
gold
1st 3s__1950
A
__1975
series B__>___
1968
Terminal Ry 23/4S____1974
*93
J-D
J-D
1970
lien
1978
Kansas City
1966
1st
100%
1st gtd gold 4s__1990
City Power & Light 2%s__1976
1st mortgage 2%s
Kansas City Southern
K81/2
ISADul So Shore & Atl gold 5s
El
74
—
K
88'A
63
Det Tol & Iron ton RR 23As ser B__1976
Dow Chemical 2.35s debs__,
1961
Ed El 111
'
*96%
102
Plain
int)
wi
Mack
ASecond
*—
A-O
H
series
23As
debs
conv
Detroit
99'A
89
fixed
3'As series
3s
9
—
(3%
mtge
Gen
11
•
_2018
Salt Lake
Income
95'A
(4%%
contingent int)
Denver
95'A
fixed
contingent int)„^
AIncome
100'A 101'A
division
&
coll
&
Rio
&
95'A
div
4-6s_____
Power
100'A
M-S
Co—
AIncome mtge due—
Delaware
A-O
73
103'A
.1965
J-D
Kansas
.99%
1031/4
1031/2
Jamestown Frankl & Clear. 1st 4s__1959
Jersey Central Pow & Lt 2%s
1976
Kanawha & Mich
95'A
103V4
ref
&
97%
J-J
J-D
Lack
Lack
1st
*96%
.1978
_
3'As
Ry
Delaware & Hudson
N
A-O
2%s debs__—:i__
Co
Delaware
.1975
.1965
3s
Union
&
1st mtge 23As.
B_
1st mortgage
M-N
37%
36%"
37%
210
27
39%
26%
38%
2003
M-N
2003
—-
M-N
i.—2003
M-N
*39%
2003
M-N
4 3 Vi¬
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
A-O
Liggett &
A-O
Myers Tobacco
5s
1951
*34
41%
71%
A-O
40 3
no
120
108%
38
a
41%
64
41
30
42%
29%
40
36%
47
44%
16
71%
25
67
1
120
121%
f.
107%
111%
/■
120
107% 108%
27
78
;
;
M
THE
<2348)
COMMERCIAL
& FINANCIAL
Monday, December 6, 1948
CHRONICLE
NEW YORK BOND RECORD
RANGE
Friday
Little Miami
1962
gen 4s series A
Electric 7s series A
Week's Range
or Friday's
Bonds
gale Price
Bid & Asked
Sold
January 1
No.
Low
1952
J -d
ms
__
1951
1963
p-a
__
A-O
1966
ms
__
1978
stamped
ms
__
Lorillard <P) Co deb 5s
3s debentures
Louisville Gas <fc Elec 3%s
1st & ref mtge 3s
Louisville & Nashville RR—
100 V8 100'/8
100%
102
107%
110'%
*107% 108
102% 102%
100%
105%
3%s series P
2003
a-o
89%
2003
A-O
78
2003
A-O
gold 3s
1980
ms
•94
Div 4s
1955
ms
106
Macy (R H) & Co 2%s debs
1972
M-N
Maine Central RR 4%s ser A
1960
3-d
St
M
ref
Louis
33/«s
M
Div 2d
Atl Knox
H
ecr
& Cine
Ref '&
89%
78
1975
m-s
2%s
1974
r-a
mtge 2%s_.
1st mtge 3s.
(Wise) 1st mtge 2%s_
1975
a-o
1970
j-j
1977
a-o
89%
(Minn)
96%
4 %s
96%
106
111
States
1st
mtge
*99% 100%
101%
97%
_
"2
71
71%
67
75%
3-d
96
97
4
94%
98
ms
83%
83%
3
83%
91'A
70
70
Oklahoma Gas & Electric 2%s
1975
101'A
3-j
94%
98'A
Oregon-Washington RR 3s ser A—1960
1st
*__
96%
70
97%
J-D
M-N
*99
13
101% 102
A-O
99%
ms
'100%
ms
'101%
j-j
81%
104 %
97
99
80
*—
A
1940
a-o
*56
a-o
101 »/4 101'A
j-j
A
Jan 1991
js
Gen mtge 4s inc ser A
Prior
lien
40-year
Prior
ACum
series
5s
4s
lien
series
4'As
1990
A_
84
*1962
66
84
51
20
49%
57%
72%
26
68%
79
71%
& ref
103%
1979
103
1977
1981
j-d
99
100
12
98%
103
j-d
94'A
94'A
8
93%
97%
14
95%
99%
101'A
101'A
2%s series P
1st
ref
&
Pacific
3%s
M
1980
Tel
Tel
&
2%s
debs
93%
93%
98%
98%
104%
101% 102
101%
106'A
3y8s
debentures
1987
debentures
1978
ms
3y8s
debentures
1983
m-s
a-o
77
66
47
80
84%
86%
57
71%
90
ms
44%
42'A
45
565
301/4
51'A
ms
86%
84%
86%
274
71%
90%
M-N
86%
84%
86%
191
72
90% \
M-N
27'A
26
27%
456
18'A
31%
86%
84%
86%
88
71%
86'A
84%
86%
252
71%
63
2
611/4
Gtd
4s series
E trust ctfs
901/4
3s
Cons
General '4'/2s
1021/4
General
5s
50
54%
60%
General
1955
M-N
78
78
78'A
15
68%
83%
Gen
.1955
M-N
73%
73%
73%
4
64%
75
Conv
.1986
M-N
88'A
88 %
88%
33
88 'A
93%
Gen
.1978
A-O
100 «/4
104 >/4
Peoria
...
j-d
deb
B
debentures
1970
National Steel Corp 1st
mtge
National Supply 2%s debs
3s_IIl963
1967
Naugautuck RR 1st gold 4s
J-D
.1961
New
Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A_
1983
New Orleans & Northeastern RR—
tNew Orleans Texas
&
A
A
4%s
A 1st
a
5%s
103 y2104
4s
103
102'A 1033A
98
993A
1073/4
j-d
106%
106'A 1073/4
28
104'A
111%
a-o
98'A
98'A
99
98
98
98%
8
100
100%
js
a-o
js
a-o
96%
I-
*100
116%
A-O
100%
*1021/4
100
101%
__
1971
J-D
ms
II
*10ly2
*991/4
*104%
js
103%
102%
99%
98
__
103'/4l03%
a-o
.89
89%
89%
89%
9
89%
~7
94%
92 %
93%
90%
78%
92%
&
ref
2%s
1967
ref
2%s
—1974
J-D
1978
r-a
*100%*
A
Ry
Certificates
of
Phillips Petroleum 2%s debs
¥
,
Cons gtd 4g series G
Cons gtd 4s series H
Cons gtd 4'As series I
Cons
1990
II
*85
II
1954
T-o
II
93%
94
85
97%
84%
96%
series A
5s
series B
New York Chicago & St Louis—
Ref mtge 3%s ser E
6
60
—
J-D
I-
921/4
92%
91
97%
1986
A-O
90%
90%
90'/a
6
81%
91
1975
A-O
87
86%
87%
32
82%
91
1951
F-A
99%
99%
99%
20
96%
101
2000
M-N
98
100
97
103%
92
2
79%
93
81%
93
ser B
gold 4s
A
—2043
j -j
1973
ms
1973
series
ms
A
B—;
10
*__
*100
69%
69%
*—
100
100%
w
69%
—
5
80'/a
69%
2007
AGen mtge conv inc 4y2s ser A-2022
j -j
65i/4
64ii/8
65%
174
60%
75 %
May
43%
42
44
344
31
.1954
M-N
—
*102%
98%
„
M-8
10
9%
10
107
1955
J-D
5
41/4
5
23
N Y Power & Light 1st mtge 2%s__1975
N Y & Putnam 1st cons gtd 4s
1993
M-8
97%
97%
61%
61%
1
M Y State Elec & Gas 2%s_
1977
js
Corp 1st 3y2s
1963
$V Y Susquehanna & Western RR—
js
7%
3
1
A-O
M Y Steam
IA 1st refunding 5s
|A2d gold 4%s
fATerminal
gold
1937
AGen
1940
conv
1982
js
Njfirfolk & Western Ry 1st gold 4s_1996
Northern Central gen & ref 5s
l
Pen & ref 4y2s series A
95
102
90%
a-o
127'%
ms
88%
1
7'A
98%
69
97
107%
52%
30
40
95 y4
100%
91
127% 127%
29
79 %
93
107%
117
j-d
j-d
100% 100%
js
'104
js
o
f-a
99%
106'A
lOl'A
101%
109
101% 101%
j-j
101%
105
106
1st
mortgage 3s
Providence Terminal 4s—
1956
1st
&
ref
mtge 3s
&
ref
mtge 5s
1st
&
ref
mtge
*98
ms
8s
90
100
1968
js
M-N
*103
90
105%
104
108'A
101%
*106'A 107'A
1972
2037
2037
Public Service Elec & Gas 3%s
105'A
js
*140% 144
142
145
j-d
•210
220
210
216'A
—1964
Quaker Oats 2%s deb.
99%
js
85%
85%
08%
99%
100'A
93%
5
101%
Revere
1960
1977
1967
—1967
1969
1949
1941
m-s
1971
1996
M-S
j-j
*70
73
1996
a-o
*—
109
1955
js
1997
j-j
17
ms
Copper & Brass 3ViS
Gas & Elec Corp—
Gen mtge 4'As series D
Gen mtge 3%s series H
Gen mtge 3'As series I
Gen mtge 3'As series J
tARut-Canadian 4s stamped
t§ARutland RR 4'As stamped
83'A
101
93'A
102%
Rochester
*—
123%
m-s
*107%
107'A
108%
m-s
*106%
107'A
107'A
m-s
*104'A
104
106
9'A
js
js
11
9'A
—
9
7%
13
11
12
7'A
15%
96%
28
9%
98%
1013A
106%
109 %
11
49
11
127
110
85%
M-N
105
99%
9
R
Reading Co 1st & ref 3%s ser D—1995
78%
4
„
ms
*108
12%
73%
102
1071/4 107%
a-o
1974
771/2
92%
129
Saguenay Power 3s series A
St Lawr & Adir 1st gold 5s
2d gold 6s
St L
Rocky Mt & P 5s stamped
Ry Co—
96%
96
70
100%
79%
75%
86
98'A
100
St Louis-San Francisco
109%
—
33.
60'A
97
105
133/4
32
—-
22%
*100
ms
1974
38
95%
•
7
45%
*31
22%
j-j
2014
97
106%
*75%
r-a
1981
1966
inc
For footnotes see page
15
*107% 111
r-a
103
'
ms
1978
:
106
*41%
—
f-a
1943
5s
1st
mtge 5s
r-a
*—
106%
js
1937
gold 5s
JM Y Telephone 2%s ser D
Ref mtge- 3y8s ser E
Ref mtge 3s series P
NbagaTa Palls Power 3%s
Norfolk Southern Ry Co—
92%
91%
523/4
June 1992
4s
| AGeneral
90%
90%
a-o
85
Chester—
1st 4s
1977
1983
mortgage 3'As
*90
a-o
77
76%
—
RR—
1st & ref mtge 4s ser A
JAN Y Ont & West ref 4s
1964
1st mtge 3y4S—1960
1st
*101
js
2043
Mtge 4s series B
& Hartford
debs
90%
90%
100
P
N Y & Harlem gold 3'As
Pwr
89'A
j-d
West Virginia Ry—
Elec
110%
103'A
103%
mtge 4'As series A
1st mtge 4'As series B
Potomac
84%
99
100'A
1st
1st
1980
103
88%
100%
68
60y8
105%
100'A
8
64
60
*58%
110%
8
57%
r-a
111
103
—
101
60
—1998
6
63'/4
109
106%
101
Pittston Co 5'As inc
62%
88%
113%
100% 101
65%
*61
60
110%
—
a-o
69%
62%
r-a
r-a
Pittsburgh &
105
a-o
106%
—
j-j
61
r-a
1998
1998
—
105
105
106
_
1958
62
1998
3'As
3%s registered
Mich Cent coll gold 3y2s
3y2s registered
80
70%
102
„
1965
debentures
82%
60'A
106
106
*99
88%
80%
*75
193
*113%
97
M-N
76
81
j -j
61%
—
105
a-o
79%
AGeneral
ms
5s
21
js
1997
60'A
106
*105%
ms
3%s
811/4
3'As registered
Port
t
mtge
76
&
99
mtge
84
River
94%
103'A
71%
Harlem
*96'A
*113%
1970
1975
1975
Pittsb Coke & Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
11%
102
f-a
series E
13'A
8%
Gen
mtge
101%
9%
100'A
j-d
Pittsburgh Steel 1st mtge 4%s
6iys
26
99%
98%
Pgh Cine Chic & St Louis RR—
Gen
100
96%
30
f-a
_1964
102
97
24
1963
gtd 4'As series J
98%
9%
1960
;
108%
100%
101% 101%
j-d
1953
1957
110
j-d
.—1964
Pittsburg Bessemer & L Erie 2%8
Pgh Cine Chic & St Louis Ry—
Cons gtd 4s series P
10%
118
104%
f-a
Gen
F-A
deposit
& West 4s
103%
97%
—
9'A
js
1937
66%
series
933/b
105
—
9%
s f 4s
deposit
1st
74
4y2s
106
103
112%
26
1
1981
189
N Y New Haven
1
7
12
2%s
72%
JN Y Lack
25%
98'/a
2%s
67'/2
series
68
14%
99%
ref
71%
4s
59
30
98 %
ref
66%
Mtge
893A
14
99%
&
721/4
1st
78%
—
&
671/4
Y Dock
100'A
113
104% 105 %
*97%
a-o
N
97'A
8
;
103%
66
99%
M-N
Ref & impt 5s series C
2013
N Y Central & Hudson River RR—
General mtge 3'As
1997
ser
103%
94
94'
*98'/a
M-N
&
t§APhilippine
107%
80
*„
105 %
1st
101
81
2%s
1958
1959
1st mtge 4'As series C
1960
Pitts Youngstown & Ashtabula Ry—
1st gen 5s series B
1962
1st gen 5s series C
1974
1st gen 4'As series D
1977
3s
94
1st
102%
104
ref
1st
103%
100%
22
&
1st
102
84%
A
Connecting RR 2%s
93%
*109'A
js
1st
118%
102%
—
B
a-o
1st mtge
15%
117
112
-
r-A
series
5s
r-a
NY
60
14%
104% 104'A
93%
js
105%
99%
Wash RR Co—
&
1977
1961
102%
115%
7
Bait
1974
r-a
js
1956
gold
59
39
83
15%
P-A
101
101%
12
116% 116%
*95
3-j
102
10iy2l6l%
deposit
series A
coll
82%
M-S
4%s series C
Philadelphia Co coll tr 4%8
Philadelphia Electric Co—
99
100%
—.
deposit
impt 4'As series A
Shore
100%
Apr
Apr 1990
1998
Lake
100%
j-d
2013
&
97%
8
1980
3%s
Ref
101%
6
1960
ext
4s
4s
General gold
105
New York Central RR Co—
Cons
103%
97%
114% 115%
1985
3'As series F
& Eastern
General
103%
80%
D
of
102%
58
100% 100%
1974
100%
102%
12
*97%10l3/8
J-J
1954
of
series
102
7
deposit
of
Certificates
M-N
1950
series
Certificates
97%
115%
1984
Marquette Ry 3%s ser D
Phila
-'91%
97
6
Mexico Ry—
C
Certificates
A 1st
A
series
84'%
98 %
'
5s, series B
Certificates of
5s
104
1953
4s
89%
102% 102%
1952
.
A 1st
A 1st
98%
J-D
M-N
New Jersey Bell Telephone
3%s—.1988
N J Junction RR
gtd 1st 4s
1986
Ref & Imp 4'As series A
*„
3-d
.1982
1st gtd
A-O
1952
debentures
New Orleans Term
r-a
3-d
1948
New England Tel & Tel 5s A_
1st gtd 4%s series B
3s
—
98 %
*100
f-a
Pere
3-d
1954
5s
cons
98'/8
Louis—
1st mtge 3s ser B
1980
National Dairy Products 2%s
debs.1970
Gas
106%
a-o
1952
series E
3 'A s
mtge
—
a-o
Peoria & Pekin Union Ry 5%s
N
Consol
51%
102%
1981
series -A
series
4%s
mtge
A Income
Newark
353/4
2
1965
4'As series D
*100
241
46
1968
104
99%
57%
__
51%
103% 103%
50
1965
55%
101%
99
104
102'/4
RR—
sinking fund 4%s
57%
5
98%
104
100§i
100 tt lOOSi
1960
debentures
f
s
Pennsylvania
j-d
•
9
98%
98 %
*104'A
100 Si
ms
1952
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co—
1st mtge 3s_
1975
68%
M
98%
j-j
1st s f gold 4%s—1955
61
Pennsylvania Co—
90ya
62%
96%
*93
Pennsylvania-Central Airlines—
A 3'As conv income debentures—1960
73
86%
91%
90%
90
*99% 100%
ms
77
20
98
a-o
a-o
Paterson & Passaic G & E cons 5s_1949
a-o
97
1986
Paducan & 111
r-A
101%
•101%
j-d
1985
debentures
2000
3s
97%
j-d
71%
1949
Chattanooga & St
101
j-d
1982
R
ser
69%
—
108%
series M
84%
101
106
*106
104%
61%
101
97%
98
61
*103%
98%
105
23
71%
—
93%
103 %
99'A 100
18
—
94%
99%
32
m-n
94%
103% 104
j-d
41
1978
Nashville
94%
102
104
68%
r-A
93%
98%
83%
.1950
98%
94%
15
71
'
10
99%
100% 101'A
69
ms
19
14
99 v*
101 'A
67
.1960
98
j-d
81
1991
95%
1974
71
.
99
101%
1971
83 %
F-A
99
L
68
A-O
9 5'/a
series K
j-j
1980
95%
97'A
98%
3s series
1st & ref
93%
9
50%
51
J-D
1981
96%
97'A
98%
js
I"
104%
3s series N
& ref
1st
101%
98%
1977
ref 5s series I
99%
6
1st & ref 3s
1975
A 1st &
72
11
js
Jan 1967
101% 101 %
100% 101
101%
Co—
RR
100%
101
1st
1965
Pacific
92
j-d
_1962
adjust 5s series A
tMissouri
20
j-d
1st & ref 3s
51
84
99%
j-d
_1960
—1978
D
93%
14
A-O
3'As
B.__
series
100
94'A
M-S
1975
series J
100%
2%s
imo Kansas & Texas 1st 4s
'Missouri-Kansas-Texas RR—
1974
1st & ref 2%s series Q
Jan 1971
94
92
1970
1st & ref 3s
Marie—
1st mtge 4'As inc ser A
92
10
*98
J-J
___1948
3s
3'As series I
1st & ref
106%
101%
~1
4s
1st mtge
2%s
96
59%
1967
guaranteed
mtge
103%
6
102%
St Paul & Sault Ste
86'A
Pacific Gas & Electric Co-^-
87%
100'A
ms
1st
102%
7
104% 105
1969
gAlst
Ohio Edison
100%
II
—
*—
Minn
94%
20
101
100%
„
81'A
ms
Mining & Mfg 2%s
65%
87 3A
86%
101
98%
32
99%
1969
Minnesota
68
60
__
102 »/4
98
4
99%
mtge 2%s
1st mtge 3%s
Midland of N J 1st ext 5s
103
60
52
*100
a-o
ms
ms
96%
„
65%
96%
97'A
r-a
May Dept Stores 2%s debs
Corp 1st mtge 3s
1966
Metropolitan Edison 1st mtge 2y8s_1974
Metrop Wat Sew & Drain 5'As
1950
Michigan Central—
Jack Lans & Sag 3'As
195.1
1st gold 3'As
1952
Ref & lmpt 4%s series C
1979
Michigan Cons Gas 1st mtge 3%s_1960
61
107%
tOgdensburg & Lake Champlain Ry—
1st mtge & con 4s ser B
1954
Manati Sugar 4s sink fund—Feb 11957
Manila RR (Southern Lines) 4s
1959
Mead
100
60
High
99
O
M
1972
Low
56
100% 101%
Range Since
January 1
Power Co—
1st
92%
99%
106
94
J -j
101%
Sold
No.
High
92
87%
j-j
2047
76%
7
Bonds
Friday's
or
Bid & Asked
*58
J -J
—2047
2047
95
16
96 %
89%
Week's Range
*—
60%
q-r
Q-A
impt 5s series C
impt 5s series D
Ref &
Northern
87
14
77%
Q-J
2047
Ref & impt 4'As series a
,
101'A
Q-J
1997
Jan 1 2047
3s
registered
__
96%
1997
4s
lien
Coll. trust
1st
&
3s
108 y4
__
Sale Price
Railway—
registered
General
102%
107 % 107 %
1st & ref M 2%s series G
1st & ref
4s
102%
„
Pacific
lien
Prior
101A
100%
__
__
Northern
34
99%
ioo%ioo%
__
Last
Period
Low
107
18
ms
ms
Mntcrest
BONDS
New York Stock Exchange
High
107
1949
1949
Guaranteed ref gold 4s
High
a
Range Since
M-N
1949
Long Island unified 4s
DECEMBER
Friday
Last
Period
Low
4s
WEEK ENDED
Interest
BONDS
New York Stock Exchange
ALombard
FOR
116
1st
105
108
A2nd mtee inc 4'As ser A
mtge 4s
series
A
Jan 2022
May
82%
"59%
81%
82%
116
80
89%
57
59%
246
51'A
65'A
THE
Number 4757
Volume 168
COMMERCIAL
&
CHRONICLE
FINANCIAL
33
(2349)
NEW YORK BOND RECORD
RANGE
Friday
Last.
Interest
BONDS
Range
Friday's
or
Sale Price
Period
New York Stock Exchange
Louis-Southwestern
1st
2d
inc
4s
Paul
Union Dept
NO.
J-J
J-D
A-O
M-N
1990
4s_1968
1971
1989
3yes B
Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—
1st mtge 4s series A
103%
*84
85
95%
1966
Shell
1971
A-O
*§ASilesian-Amer Corp coll tr 7s—1941
Skelly Oil 2%s debs
1965
Socony-Vacuum Oil 2Vis
1976
F-A.
J-D
—
South
A-O
--
1996
mtge 4,/2S series A
Jan 2016
(Jos E) & Sons 2%s
Union Oil 2Vis debs
&
Nor Ala
Southern
3s
Bell
RR
Tel
gtd 5s
Tel
&
31
93%
1979
J-J
debentures
1985
F-A
1987
J-J
:
1994
J-J
A—'
1977
M-S
100%
1969
M-N
92%
Indiana
Pacific
Gold
Southern
1st
Ry 2%s
4 Vis
Pacific
3%s
98%
4
96
Va
Iron
Va
& Southwest
98%
92%
5
1957
96%
76
76
2
87%
91
90%
79
54
*99 % 101
J-J
J-J
77
77 y2
*93
1994
1956
A-O
6s
series A
1956
110%
J-J
4s series A
gen
A-O
5s
1st gtd 5s
*97 %
M-S
M-S
Devel
& gen 6Vis series A
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
J-J
103
A-O
102
debs
1966
deb 2%s
8
%
93
*51%
M-N
J-J
13
93 Vi
84%
94%
110
120
98
91%
105
110
108 y8
113%"
109
102 ya
104%
93%
97%
10
102%
102
56
107
&
2Vis
Co
2%s
debs
1972
93 y2
4
94
100 %
29
57%
102%
92 y8
97
*
J-J
1973
debentures
M-N
*96%
96%
96%
100
95%
Texas
&
Orleans
New
1st & ref M
&
1st
Texas
ref
101%
M-N
93%
93%
17
92 y8
lOOVa
,83%
Apr
Apr
81
3%s
M
series
78
96
96
M-N
Walworth Co conv debentures 3y4s_lS76
M-N
Term
Baking Co—
5%s debs
(subordinated).
«
Warren
RR 1st ref
1970
3Vis series E
1985
*96 %
J-J
119
gtd gold 3y2S__2000
F-A
Washington Terminal 2%s ser A__1970
F-A
Westchester Ltg
J-D
J-D
Gen
West
Shore
100 Vi
1966
J-J
2361
M-S
61%
2361
M-S
60%
1952
A-O
98%
Jan 2014
May
-
Western Pacific 4y2s inc A
Western
-1950
gold
-1951
1949
1971
99
Pacific
2%s
5s
-1951
1968
IP'7!
—
99%
55
97
101%
99%
103%
95
102
99%
M-N
1967
J-J
1970
J-D
1976
F-A
deb
3s
series
67 y8
88% 102
50
80%
94%
101 %
3
99%
101%
97%
1
96%
99%
97%
*101%
'
«—»
■
2
-
96
94 y4
93%
100V2
94
94%
*94%
«...
103%
94%
—
__
94%
102%
101JS
—
—
*94%
99
115
99% 100
99%
-1958
90
84%
101
106
30
101%
83%
M-S
103%
100%
94%
100 y4
A-O
102 % 102%
3
101%
103 ya
J-J
112% 112%
10
111%
113%
-1949
J-J
73%
51
-1936
Central
{Wisconsin
98%
127 Vi
§Aist
M-N
Ry-
general 4s
73%
102
73%
»»*•>
„
41%
J-J
de
of
A Certificates
4
99
105
67
206
102%
38
37%
C
77%
64
—
70
75 y2
64
41%
19%
45 ya
11
97%
97%
*100% 101%
2
100% 100%
100%
—1991
<
99
not
100
101%
101
103%
96%
89%
90
M-S
90
3
101
96%
45
Deferred
in
delivery
th^ year's
the
included in
§Negotiability
the
sale
included
not
range,
n
43
96%
93
105
103
—
—
impaired
by
the
in
year's range,
92%
93%
y
Ex-coupon.
•
.
"
d Ex-interest,
e
Odd-lot
94
sale not
rCash sale
^
■
r
^
maturity.
fCompanies reported as being in bankruptcy, receivership, or reorganized under
or securities assumed by such companies.
Section 77 of
Bankruptcy Act,
ABonds
94
*92%
Under-the-rule sale not included in the year's range.
year's range,
♦Friday's bid and asked prices;
102%
87%
Power 2%s
Elec Lt &
included
109%
96
9
99%
J-J
Va
101
101
103%
103
1976
~2
93%
93%
*104
99
105 %
1
J-J
101%
95
106% 107
97%
J
-1971
64%
97%
100%
99
~-D
Il976
85
RR—
2Vis
mtge
98%
J-J
debentui
a
A-O
debentures
Ref
57%
101
J-J
—
99
M-N
1975
debentures
2%s
Union
21
84
1967
118%
*100Vi 100%
M-S
3%s
trust 2%s
Calif
of
60%
101 %
'
101
24
45%
*100%
M-S
1961
debentures
Oil
69%
59
58 %
101% 101%,
J-J
U
3s
109
33
M-S
88%
72
42%
J-D
gold 5s
Electric Co of Mo
Union
106 %
62
*__
M-S
-1960
1970
14
99%
70
45 y2
A-O
1st
109
105% 107%
107%
60
101%
M-N
30-year
55%
101
98
Telegraph Co—
Union
25-year
47%
106%
__
*107% 107%
116%
90
100% 100%
70 V2
J-J
Jan 1960
mtge & coll
107 y2
100
*107
series I
Maryland 1st mtge 4s
Yonkers
1st
103
53
*98
guaranteed
4s
1st
Registered
Western
1950
1967
5s stpd gtd
3%s
mtge
West Penn Power 3%s
*51
*106%
J-D
92%
118% 119
98%
J-D
1960
Tri-Continental Corp 2Vis debs
Union
97%
2
105
30
Orleans 3%S—1974
Gas & Elec
85
Pacific—
ref & impt 3%s__1960
& Ohio Cent
99%
28
89%
105
J-J
—
*88 y2
J-D
Ry 1st ref 4s
income 5s_—
Trenton
73
100
94%
97%
89%
A-O
M-N
114%
85
90%
Ward
100 ya
98
104 % 105
105
A-O
Ave
AAdj
Tol
1990
2000
gold
New
RR of
A-O
1
74
75%
78%
96
*97
89%
5
6
11
81%
•
1960
B
5s
1st
Pacific-Missouri
Third
*97
M-N
-1970
series C
Gen & ref M
Texas
!_1965
103
81
78%
Apr
96%
115% 115%
A-O
100 A
109
94%
mtge 4s inc series A
Jan 1981
inc 4y4s series B__Jan 1991
RR—
3 Vis
Pacific
&
1985
99%
9
1992
115%
103
95%
mtge 3%s series B
1971
Walker (Hiram) G & W 2%s debs_1966
98%
100 %
'100
J-J
~3
95%
103
Mm-m
1949
2019
112%
J-J
1973
imp M 4s series C
Ref & imp 2Vis series D
Texas Corp 3s deb
103
106%
*99% 101
«...
99 y2
101%
31
1
1995
Terminal RR Assn of St Louis—
&
—
A-O
1st
2%s
Ref
—
106% 107
1958
(estinghouse E
Swift
105%
94%
2003
5s
Gen mtge
105%
46%
102% 102 %
F-A
-1966
-
93 y2
*
_1971
20
89%
76 y2
103 y4
Apr
ASpokane Internat 1st gold 4%s—2013
Calif 2%s
43
103
M-N
1983
Sunray Oil Corp 27/8s debs
27
96 %
*106
J-J
1985
debentures
A-O
1996
1951
21
110%
noy2 111
1956
Southwestern Bell Tel 2%s debs
105 %
105%
W
84%
80
108 %
96 %
108
noy2
105
97%
*101 Vi
A-O
M-S
1st gold 5s—1949
Coal & Coke
cons
Gen
90
110
96 y2
108
97
Wabash RR Co—
100
—
1996
gen
(N J)
93 %
92
82%
&
,
97%
79
11
105% 105%
—
84%
92%
*—
&
82
105% 105%
M-N
1975
1978
—1963
Virginian Ry 3s series B
76
82
J-J
Devel
Standard Oil of
100% 101%
90%
Devel
99
95
93%
94%
81
High
96
90 %
■
95%
1986
1961
1
16
91V8
—
—
Low
99
94
'
debentures
conv
124
91%
122
Co—
RR
1st mtge 2Vis series F
1st mtge 2%s series G
Southern Ry 1st cons gold
Standard Oil
20
g
f 4s series B
Cons s
97%
92%
*92
J-D
1st mtg 3%s ser A.1975
mtge 2Vis series E
3%s
28 %
98%
92%
M-N
1981
l
San Fr Term
2
93%
81
Co—
(Oregon Lines)
4Vis
Gold
92%
—
debentures
4 Vis
67
'
High
♦93
——
Range Since
January 1
Sold
No.
99
F-A
debs
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
1st & ref mtge 3s series F__
1st
debentures
1st
4s series A—1955
—
Vandalia RR cons
Co—
2%s
Southern
92%
31
debentures
Bonds
V
61 %
3
*99% 100
Range
Friday's
102%
98%
95%
or
Bid & Asked
94
A-O
M-N
A-O
M-S
127 yB
16
94
95%
—
100
189
69%
94
J-J
1963
67
69%
2%s
Southern
1966
1976
1967
1959
debs-
2%s
Rubber
Universal Pictures 3%s
127
—
99% 100%
100%
Seagram
~5
S
2%s
89 %
f
J-J
J-J
J-D
A Gen
U
80%
38
*127
—
Sale Price
Low
98%
—
101% 101%
—
,
Last
Period
New York Stock Exchange
LOW
9
100% 100%
—
Week's
Interest
BONDS
January 1
High
103
--
J-J
Nov 1989
Gen & ref gold 5s series A
St Paul & Duluth 1st cons gold
St
3
United Biscuit 2%s debs
M-N
1989
ctfs
bond
DECEMBER
Range Since
Sold
Ry—
certificates
bond
4s
ENDED
Friday
Bends
Bid & Asked
Low
St
WEEK
FOR
Week's
selling
no
sales being transacted during current week.
flat.
m
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
in
footnote
a
In the
and deferred
the
week
in
delivery sales
which
they occur.
following extensive list
AND
RECORD
YEARLY
disregarded in the week's range unless they are the only transactions of the week, and when selling
No account is taken of such sales in computing the range for the year.
are
we
outside the regular weekly range are shown
on the New York Curb Exchange for the week beginning on Saturday,
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security,
dealings have occurred during the current year.
furnish
complete record of the transactions
a
Nov. 27, and ending the current Friday, Dec. 3.
whether stock
bond, in which any
or
RANGE
Last
Sale Price
Par
ACF-Brill
warrants
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
Alloys—
Associates
Air
Investors
Convertible
Inc
1%
(N
Jan
preferred
convertible preferred
Hard Rubber Co
American Laundry
Mach
American Light & Trac common
6% preferred
American Mfg Co common
200
4% Mar
7%
1%
2
1,000
1% Nov
3% Mar
6% Aug
6% Aug
*
— —
9%
5
1
J)
Appliance
Alabama
Great
Soutnern
Alabama
Power
4.20%
Fisher
5% Mar
Nov
American General Corp common
2%
9%
3
pfd
'
•
6%
6%
9%
36
14%
Nov
Oct
Apr
Jun
400
6%
5%
Nov
9%
2%
—tm
Oct
3% May
36
"**
1,100
5%
Apr
Feb
American
60
79
Feb
105
Oct
American
87
Jan
94
Sep
American
Potash
3%
1,800
Allied
Internat
Investing
Allied
Products
(Mich)
Altofer
Bros
Aluminum
$3.75
Corp
common
2%
4% May
Jan
Co
of
America
common
cumulative preferred
Goods Mfg
Aluminum
Aluminum
Industries
Aluminum
Ltd
common
American
American
Class
Beverage
Book
Cities
common
Co
&
American Fork
&
Hoe
&
Electric
4% %
Gas
16%
17%
1,000
—«.
Nov
Oct
American
15%
NOV
22%
Apr
Nov
22
Jan
4
com
preferred
For footnotes see page 37.
Seal-Kap
common
29%
750
15
250
25%
50
18
18%
10,900
15
Aug
26%
27
200
22
Mar
27
7%
100
Nov
.13
Jan
Anchor Post Products
40%
40
47%
4,100
Mar
56
Jun
Angerman Co Inc common
1,
1%
2,900
1%
1%
67
67
68
30
67
Nov
Nov
Nov
I
2% Aug
2%
90
6%
6%
1,100
•
17%
17%
17%
500
10
36%
36%
37%
8,100
100
111
111
100
5% Mar
16% Mar
31
107
Feb
Sep
7%
Jan
Jan
Jun
19% May
41%
Feb
7
Jun
300
11
Dec
13
300
38
Mar
51
Jan
250
x22
Nov
36
Jan
x21%
Nov
36%
x22%
X22
23
x21%
24
3,200
21%
23%
23
7,500
3%
3
3
■
3
45%
1%
Jun
3
41
11
Nov
113% May
500
5
5
5
5%
Dec
7%
1%
1,300
9,300
4%
American Writing Paper common
92%
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
1
Angostura-Wupperman —
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4%% pfd
Argus Inc
Arkansas Natural Gas common
Common class A
6%
preferred
non-voting
*1
1
1
100
18% Mar
3%
5
5%
--
15%
—
—
10
500
2,100
Oct
% Mar
1% May
Feb
5
5
Nov-
9
Oct
72
Apr
Jan
.
Jan
5%
5%
900
5%
Dec
8%
Jan
8
8%
600
5%
Feb
8%
Sep
15
15%
600
Sep
19%
Feb
2%
3%
1,300
13%
2%
9%
10%
1,200
8%
101% 102 %
70
Oct
98%
Jan
3%
4%
1,700
3%
Nov
•
•
5%
5%
5%
3,900
4%
Feb
4%
Feb
5%
Jan
Jun
5%
4%
3%
102%
Oct
27% May
42%
1
10
Jan
11
3%
4
2,800
*
32%
Oct
30,600
*
1
1
Nov
15%
18
u
100
36
25 %
Dec
59%
98
46%
Jun
14
15
14
%
69
May
Jan
21%
Nov
57%
Dec
7%
43%
Dec
22
%
89 %
Jan
40
Nov
14%
33
58%
49%
Dec
28
3% May
Feb
*
8
B
400
Jun
•1%-Feb
30% July
10c
Superpower Corp common
series
preferred
American Thread 5% preferred
$6
8,400
Light—
common
Republics
Amer
12%
B
94
49%
1
American
American
*
*
-*
10
2
50 %
100
Power
B
Class
May
2%
,
17%
7
& Chem class A
49 %
*
*
common
American Bantam Car Qo class A
American
1
5
4% Nov
—-
*
common
Co
Meter
100
3%
28
25%
18%
Metal Products new com—2
99
High
Low
1,300
34%
1
Co
2%
Jun
91%
3%
25
25
25
Range Since January 1
High
14%
29%
25
20
8% May
38
Apr
2%
Shares
—1
Maracaibo
94
1
common
convertible
$2.50
10c
1
American
"
&
$2
American
91%
100
1
200
——
50
Inc
.
5%
5%
10
Airlines
2%
3% May
Nov
5
preferred
Alaska
3,600
1
2%
2
Alles
1,300
for Week
Range
of Prices
Low
Par
High
4%
common
Electric
Air-Way
Low
Sales
Week's
Last
iale Price
New York Curb Exchange
1
t
Agnew Surpass Shoe Stores.Ainsworth
Mfg
common—
Air
Friday
31%
2%
3
STOCKS—
High
1
DECEMBER
Range Since January 1
1
Inc
Supply Mfg
Aero
1
Shares
10
common
Stores
1%
ENDED
for Week
Range
of Prices
Low
WEEK
Sales
Week's
Friday
STOCKS—
New York Curb Exchange
FOR
5%
6
11,100
10%
11
400
10% May
4
12%
Jun
Jan
Apr
108% May
6% May
8% May
8% May
11
Nov
THE
COMMERCIAL
Curb Exchange
Ink
Nn
ef Prieee
Par
Arkansas Power & Light
Aro
$7 pfd
Loto
Equipment Corp
1
5%
5%
6%
3,800
1
3%
3%
4%
3,400
4%
11,200
25
32%
3%
8'/2
8%
1,400
8%
Dec
14
Jun
15%
16%
6,300
12%
Feb
23
Jun
Colorado Fuel ft Iron
Colt's Manufacturing
%
%
700
%
Dec
1%
Jan
1,025
6%
Feb
20%
Dec
Community Public Service
4,000
2% Mar
4%
Apr
Compo Shoe Machinery—
%
Associated Tel ft Tel class A
•
19%
18%
20%
Atlantic
1
3,
Atlantic
Atlas
Fisheries.-
Coast
Coast
Line
50
Automatic
21
48%
4
4%
Products
Steel
50
—1
Co
Corp warrants
Plywood Corp
Atlas
2%
Inc
600
4%
10,600
10,600
3%
64 V2
Nov
Jun
4'/b
4%
200
4%
Nov
7%
300
6%
Feb
9%
5
10% Mar
1
16
17%
1,200
26
15%
Feb
Smelt Ltd
Continental Car-Na-Var
Babcock ft Wilcox Co
Baldwin
7 °f,
54
Baldwin
Co
x52 %
58%
4,500
1
"8%
8%
Banco de los Andes—
American
Barium
8%
300
Corp
X
"4%
5%
5%
1
x5%
x5%
Baumann (L) ft Co
Beau-Brummel Ties
1
10
8,800
5
10
Nov
14
Jan
Coro
Jan
11
Jan
common
of
Canada
25
200
5
Nov
7
10
Nov
17
common
35%
36%
1,450
1
8%
8%
•
25%
25%
27
250
14
14
14
150
common
Convertible preferred
Blckford's Inc
7
•
Ridge Corp
common
ft Co
2%
200
(HO) Co common..
5Vm% prior cum pfd
Borne, Scrymser Co
Bourjois Inc
6%
6%
•
24
23
67
67
17
17%
•
Jan
Nov
10%
19
Jan
28% Sep
Apr
3o
tocp
13%
Sep
18
Jan
9% May
Feb
14% Aug
41/8 May
6% Nov
10% May
23
Dec
50
67
Dec
•XU.%
ilvV
7%
NOV
450
7%
7%
100
15%
15%
15%
1,700
5%
5%
5%
1,400
Cuban Tobacco
British American
Oil
Co
13
13%
400
15%
•
16%
300
19%
19%
.
<1
11
Amer dep rets ord
reg
Inc
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common
10c
85
50c
5
II1/2 Mar
23% Aug
Day Mines
Feb
9% Jan
14% Apr
14%
18
Jun
July
300
15% Mar
22%
July
8%
Jan
Detroit
12%
Feb
Detroit Gray Iron Foundry
Detroit Steel Products
1%
Sep
2%
Jan
Devoe ft Reynolds class B
Jan
23'%
Sep
Diana Stores
2%
1%
700
22%
25
2%
11%
5%
5%
8%
21
20%
2%
100
11%
11
l
2.50
1,300
5%
2,000
8%
100
21
200
20
1%
10
Apr
11
%
10%
11%
1,500
20%
2.50
20%
2,800
4%
Sep
V
Feb
"%
17,100
1%
1%
3,100
11%
11%
100
%
_.__12%c
is
1%
25o
32
5% July
May
Noy
Casco
Castle
1,400
2
2
2%
3,100
%
1%
Oct
Nov
10% July
13%
Duke
Draper
ft
A
ord
(AM)
&
11%
Apr
Oct
2%
Feb
8%
7%
Nov
% May
8%. Nov
4
4'/4
6Va
2,600
3%
Jan
14%
200
13%
Jan
6%
4,600
4%
Feb
48%
13 %
125
Oct
Jan
2%
Jan
17% May
% May
11%
Apr
6
May
15% May
Dec
45
9%
Jun
56% May
Oct
4%
Jan
39%
40%
4,500
37 Va
Feb
53 %
Jun
%
%
%
3,200
%
Nov
1%
Jun
6V4
Feb
10%
Jun
3
7%
6%
7%
5%
5%
100
5% Mar
5%
6Va
6%
4,500
5% Feb
13% Mar
3,000
13%
13%
200
"2%
2%
2%
1,700
1%
1%
100
17%
17%
17%
4,500
9% May
Jun
9
16% Sep
3% May
2%
NOV
1%
Nov
3
Apr
Apr
16% Mar
35
Jun
26
100% Mar
~7
~7
200
13
13%
400
13
32
32
25
32
6%
Sep
4% Mar
20% May
104% Jan
11% May
Jan
8
Nov
17%
Dec
37%
Oct
,
5%
5%
Feb
5%
Nov
6% Aug
2%
100
Sep
3%
30
7%
7
10 %
131
10%
131
14%
300
10%
2,000
131
30
14%
14%
10
10
100
3
1,900
22%
23%
1,500
1,100
Oct
5% Mar
9%
130
Aug
Nov
35% Aug
8% July
12%
Sep
Nov
140
Nov
19
Oct
Mar
11%
Jan
2% May
18 % Feb
4 Ve
Oct
28%
Jun
Jun
14%
Apr
6% Mar
2
v,
Nov
8 Va
11
11%
200
7%
7
7%
2,100
Sep
15
8%
7%
8%
400
7%
Oct
12%
Jan
2%
2%
2%
1,800
2%
Nov
3%
Jun
4% May
Ap»
3% Feo
Feb
20
Oct
25
Aug
16%
Apr
20
18
May
xl4% Mar
10
10
10
10
17% Aug
Feb
12% May
12% Oct
100
100
Feb
139%
1
1%
•
41 %
1
1
%
41 %
8%
1%
2,000
42
8%
9%
2%
275
3
2,200
300
x41% x41%
30
•
1%
35
8%
2%
41%
Jun
Feb
145
July
2% July
Mar
57
Sep
10
Apr
NOV
6
Jan
53
Jan
Nov
Jun
108%
1
2%
.<
2%
3%
5,100
Jan
110%
Jun
2%
Dec
6%
Jan
10
•
5
•
5
4%
100
4%
500
10
1%
4%
4%
31
1
4%
"4%
*11
Dec
5%
Feb
14
7%
Jun
21% Mar
Jun
29
13%
14%
300
11%
Feb
16% May
9%
9%
300
9%
Feb
Nov
11% May
79 Va May
•
62%
Nov
40
Jun
Nov
83
May
62%
63
475
10
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
72%
6%
•
1
•
Oct
2%
£1
—.—-1
Durham Hosiery class B common
Duro Test Corp common
x62%
x31
——•
Co
Co
May
•
Corp
Power
11%
Nov
11% July
4%
500
3%
Nov
12%
4%
Sep
8
Jan
2Ve
Nov
Jan
14
5% May
Jun
16 %
Jun
May
10
11
May
22 %
•
23%
9
Jan
20
•
2%
81/4 Aug
Jan
1
Catalin Corp of America
Feb
Feb
2s 6d
Co
3%
3%
12%
£1
(J W) Co common
Products common
8%
1,200
•
Driver Harris Co
Sep
18
*
Biscuit Co
Feb
3,200
2,000
25
Chenf Co Ltd
Dominion Tar
Dominion Textile Co Ltd common
•
100
Amer dep rets B ord
Carter
7
2.50
rets
200
6%
Ltd—
dep
7%
7
•
Carolina Power ft
Light $5 pfd
Nov
Jan
1
•
17% Jun
1% May
3% Jan
6%
•
common
1%
2%
1
Dominion Bridge Co Ltd
Dominion Steel ft Coal class B
12% May
Jun
!
1%
7%
•
Capital City Products
Carey Baxter ft Kennedy Inc
Amer
£1
1
Canadian Industries Ltd—
7% preferred
Canadian Marconi
Carreras
100
6
non-voting
Carr-Consolidated
4%
1
Class A voting
Class B
Carman ft Co
Carnation Co
4%
5
6% % preference
Canadian Canners Ltd
common
Convertible
preferred
Canadian Industrial Alcohol-
40
%
£1
A
24%
Mat
Mar
Domestic Credit Corp class
5% Oct
10% Mar
16
10
•
60e
Duval Texas Sulphur
600
1
common
15%
Dec
8%
1
Corp common
Duraloy (The)
California Electric Power
Callite Tungsten Corp
Feb
10%
1
ft Manufacturing
Gasket
Amer dep rets ord reg
Dobeckmun Co common—
Jun
•
pfd
Nov
Distillers Co Ltd—
12
Dec
20%
13
1
27% May
Sep
4%
•
Cable Electric Products
common
Cables ft Wireless—
IV4
11%
Jun
1%
22%
1%
_1q
:
Camden Fire Insurance
Canada Bread Co Ltd
Canada Cement Co Ltd
8
Oil Co new com
131/4
•
American dep rets 5%
Calamba Sugar Estate
Calif Cotton Mills Co
100
Oct
•
Buckeye Pipe Line
2,500
Nov
5Va July
28
%
1
debenture
Oct
•
Brown Rubber Co
common
Bruce (E L) Co
common
Bruck Mills Ltd class B
10
2%
Aug
112%
D
8%
1
Bunker Hill ft Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (PH) common
2.50
Davenport Hosiery Mills
Davidson-Brothers Inc common
8 Va
10s
Brown Porman Distillers
4% cum Junior pfd
2 Va
100
2% Mar
8%
Jan
£1
British Celanese Ltd—
500
1,400
x'
19% May
£1
British Columbia Power
class A
Class B
1%
2.50
6
Derby
dep rets ord bearer
Amer dep rets ord
reg
Feb
11%
•
common
13% Mar
5% Nov
Tobacco—
Amer
72>%
300
40%
5
100
Lighting Inc common
Curtis Mfg Co (Mo)
•
British-American
1,200
3%
28
45
25c
•
10
Curtis
22
•
49
801/4 Aug
.*
——•
Feb
11%
6%
Jun
11% Aug
r,400
8%
z21%
Jan
22
28
4
Jan
106
102
14%
70
Jun
550
90
-
900
9%
107
%
5
•
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5% preferred
2%
Jun
114% May
1,300
8%
•
1
Crown Drug Co common
Nov
•
Class A
Oct
6% Mar
900
67%
25
Bridgeport Gas Light Co
Bridgeport Oil Co
Brlllo Mfg Co common
7%
39
6%
4,500
24
100
ft Power
35% Nov
Nov
8%
107
10%
(ord reg)_£1
8
1
Co
Crosley Motors Inc
Crowley Mllner ft Co
Crown Cent Petrol (Md)
Crown Cork Internat'l "A" partlc
Apr
125
3
1
Brazilian Traction Light
Breeze Corp common
3%
600
7%
11%
2%
•
Bohack
.
11%
1
common
Jan
58%
Oct
30
Sep
2%
1—1
31
1
Birdsboro Steel Fdry ft Mach Co com.*
Blauner's
common
3
Blumenthal (S)
8%
—•
common
Croft Brewing
Jan
300
dep receipts
Petroleum
Creole
May
1,300
1%
1%
Feb
Nov
-50
convertible preferred
American
7% May
15% May
5%
Benrus Watch Co Inc
Hedges
Jan
10%
10
6%
Courtaulds Ltd—
Nov
5%
10
25 Va Mar
95%
1%
«
Cosden Petroleum common
1,100
11%
*._1
Reynolds common
7%
28
•
preferred class A
$1
125
28
Oct
50
3%
'.lie
Jun
1%
5%
10%
1
Benson
ft
Range Co
Inc
Aug
25
Shoe Corp
Aircraft common
Tel
700
18
Feb
1
1
(AS)
Bell
7%
4% Mar
15
106
-•
Cornucopia Gold Mines
8
A Ma>
60
9%
*
Sep
Sep
5 %
common
Bellanca
Blue
66%
66%
10%
Barlow ft Seelig Mfg—
$1.20 convertible A common
Basic Refractories Inc
Beck
Feb
Jan
Corroon ft
shares
Steel
Co.
Jan
7% Oct
39
61
._1
r**
45
Copper
common...
—'
34
—
*0
Rubber
—
5% May
Feb
97
21%
"l
Locomotive—
preferred
-
■
Nov
109
21%
...1
Continental Fdy ft Machine
B
Feb
3%
59 %
96
10
Corp..
High
9% May
7% Feb
550
4
Dec
108 Va
60%
97
•
5
Liquidating Corp
Consolidated Royalty Oil
Jun
6%
1
Gas
Consolidated Mining ft
July
27
Feb
Utilities
Consol
16% July
24%
preferred series C__
4%
Consolidated
Apr
27%
100
100
series B preferred
4%%
32
Nov
3%
3%
29%
4,500
32%
3%
7
1
•
Consol G E L P Bait common
7% May
Feb
Dec
3%
32
25
1956
to
ext
Vtc
May
6% Apr
35
—
48%
21
Commodore
Jan
7>/4
"7%
•
Avery (B P) ft Sons common
8% preferred
Ayrshire Collieries Corp com
50%
22
21
1
Automatic Voting Machine
3
8%
5
A
4%
warrants
Co
Hotel Inc
1
Commonwealth ft Southern warrants-
Aug
6
Low
Airlines
8and ft Stone Co
B'/a
Range Sine* January 1
High
Colonial
16%
•
Low
6hsres
Aug
115 %
Feb
Colonial
—CI
Sales
for Week
Range
of Prices
For
High
Low
Associated
American dep rets reg
Asscricted Laundries of America
Last
BalePriea
Kxebange
Curb
York
Mew
Range Sines January 1
High
112
•
3-60
—1
Ashland OH ft Refining Co
Electric Industries—
gbares
Week's
Friday
'
STOCKS—
for Week
Bangs
*
ENDED DECEMBER -J
gales
Week's
STOCKS—
WEEK
FOR
RANGE
EXCHANGE
CURB
YORK
NEW
Monday, December 6, 1948
CHRONICLE
& FINANCIAL
Sep
Sep
Aug
Nov
Jan
10
Sep
1%
Sep
7%
7%
Jan
Jan
381/2 May
8% Jan
2,000
4%
741/4
80
73%
Oct
84
500
151/a
Nov
19%
Miky
82%
Apr
Feb
90
Jun
11%
Oct
3/64
Nov
•
common
4%% prior preferred
6% preferred
101
100
—
Eastern Malleable Iron——
of beneficial lnt
Electric Bond ft Share common
S
Light $7 2d pfd A__*
warrants
Electromaster
11%
139
% Mar
83
Nov
58
1%
"2%
65
125
57
Feb
88
May
57%
425
51
Nov
81
% May
12%
12%
200
10% July
Inc
1
3,000
58
75
12
1,700
10%
11%
38,100
131% 139
10%
4%
100
3%
1,300
11
400
4%
II,600
10
97
97
1
140
6%
6
—1
Empire District Electric 5% pfd
Empire Mill work Corp
Emsco Derrick ft Equipment
Equity Corp common
7
May
88% July
Mar
65
11%
12
6
Electrographic Corp common
Feb
76
58
1
*
3y8
150
475
52%
12%
$5 pfd shares of beneficial int..
Easy Washing Machine class B
Option
I,200
64%
2%
1
preferred series A
$6 preferred aeries B
Eastern Sugar Associates—
Electric Power ft
4%
80%
74
49
•
•
•
$7
shares
4%
78%
72'%
28
Eastern States Corp
Com
4%
74
7%
7%
100
2% Mar
.
May
Jan
4% May
14
Aug
Oct
Feb
63%
8%
FeU
14 "'/a May
9%
Feb
50
126
Feb
3%
10
Feb
Sep
2V8 Mar
92
Jan
6%
Feb
16% Jun
150%
Oct
7
July
14% May
4 Va Dec
98
8%
FeD
Jan
5
lOo
1%
"l%
1%
9,100
1%
1
33%
33%
34%
400
33V4
Nov
1
$3 convertible preferred
Esquire Inc
Eureka Corp Ltd
Eureka Pipe Line common
—
4%
4%
500
4%
Nov
8% May
%
%
38,000
1/2
Dec
3%
20 Va
Sep
Feb
11
%
1
.
10
Feb
15% Oct
2% July
45 V4
Jun
Jan
30% May
July
151/4
East Oas ft Fuel Assn
Nov
Central Maine Power Co—
3,50% preferred...—:
Central Ohio Steel Products
Central Power ft Light 4%
Central ft South West
Corp
Rights w 1
ICentral States Elec 6%
7% preferred
100
Cessna Aircraft Co common
of
America
Charts Corp common
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs
Chief Consolidated
Mining
Cities Service common
City Auto Stamping
City ft Suburban Homes
Clark
Controller Co
Clarostat Mfg Co
.
15%
100
5
.
10%
rl/256
preferred—100
Conv pfd opt dlv ser
Conv pfd opt dlv ser 1929
Century Electric Co common
Chamberlln Co
74
1
pfd
10%
10%
24,700
1/256 1/256
7>A
8
708,000
275
60
551%
621%
5%
Nov
Sep
21 Va
Jun
Feb
861/2
Jun
Sep
21
100
5
100
10
Sep
July
300
100
"71/2
100
10
"7V2
Xl0% xlO%
1
3%
2.50
7
3%
7
3%
7%
,
500
400
10
54
3%
7
Feb
Dec
56%
4
'
—
6
Jan
25%
Jan
56%
58%
275
54
Apr
70
Jan
16
10
13
Nov
16
15%
Aug
18
Jan
25
Flshman
(Phila)
Corp common——
5c
to
Amer
Ford
7% May
Fort
7% May
44,300
5
13%
13%
13%
900
2,900
10
%' Feb
31%
11 % Mar
9%
15%
15%
2%
150
Feb
14
Feb
Feb
2%
1,500
1%
Feb
1%
1%
1%
6,700
1%
Feb
8%
9
900
20
33%
35
4,300
5%
6
200
7% Mar
24
5%
Jan
Nov
1"%
66%
Jun
Jun
141/4 May
11
19
Jan
2,700
9 Va
Nov
55
57 V*
130
2%
800
46
Jan
Jan
2
Jan
30
2%
Nov
29
July
5% May
Apr
15%
61%
Oct
3% May
38%
Apr
18
Apr
14%
100
14% Dec
4V4
6,300
3% Aug
21 Ve
21 Va
300
16%
Jan
23%
Oct
25
£1
25
25
18%
Jan
35
Aug
Nov
2
Jan
14%
of
•
conv
1
1.25
%
9%
600
7%
Feb
10%
8%
1,900
7%
Nov
19
Jan
8%
8%
1
common
preferred
(Geo A)
7,600
9%
7 y4
8%
700
6%
Sep
9
Nov
%
dep rets bearer
Brewing Co
Pitt
4%%
5% May
France—
(Peter) Brewing
Franklin Simon ft Co Inc
Fuller
4y8
Canada-
Fox
1%
3%
10%
1
dep rets ord reg
Motor
Amer
Jan
Jan
43%
3,100
11,000
9%
4%
9%
1
(MH) Co—
$1 Stores
Motor of
Ford
51/8
lVa
15%
x3%
10c
Class A non-voting
Class B voting
5%
39%
14%
-
10%
x4
Ford Motor Co Ltd—
500
2%
•
10
$2 dlv cum preferred
800
1
page 37.
First York
6%
lVa
•
Engine ft Airplane
Metallurgical
Fire Association
6
43%
—
1
1
6V8
10
•
Falrchlld Camera ft Instrument
Falrchlld
Fansteel
5%
1
1
see
Jan
July
14%
4
Development ordinary
8%
Apr
200
Claude Neon Inc common
For footnotes
51/4
15
Clayton ft Lambert Mfg
Colon
21% May
14 Ve May
10 Va
1
Clincbfield Coal Corp common
Club Aluminum Products Co
Cockshutt Plow Co common
May
15
0
•
1/256
6
100
•
8%
50
24
8
Co
8%
9
12%
24
8 Va
Sep
26.".
300
24
Dec
32
Jun
8%
400
8
Nov
12%
Jan
Feb
15%
Jun
Apr
...'
Jun
4%
Jun
4
(
Jun
10%
51
7%
Jan
July
Jan
Garrett
Corp common
Gatlneau Power Co common—
5%
preferred
11
xl3
3,500
9
13%
Nov
17% July
84
•
100
Feb
92% July.
10Ve
10%
10%
10%
50
7%
Feb
15
July
1
4%
1,500
Nov
4%
Gollman Mfg Co common
6
4%
6,400
3%
Feb
8
July
General
•
1,300
1%
Dec
Alloys
Co
Apr
3y8 May
Volume 168
COMMERCIAL
THE
Number 4757
NEW
YORK
RANGE
Last
Range
Low
Par
General
5%
Supply
preferred
Amer
Friday
New York
Range Blnei Jannary 1
T.ow
High
Curb
Week's
Range
af Prloes
Low
3%
2,700
3%
Nov
5%
22 y2
Nov
27 y2
Oct
9y8 May
Jan
Lake Shore Mines Ltd
Low
High
'
Laclede-Chrlsty
L'Aiglon
100
12%
Nov
5%
100
5V4
Nov
6%
Nov
8 Ya
8y8
8%
5,500
8ys
Nov
7%
8
1,300
6y»
Jan
11%
9%
Feb
7%
7%
1,600
6V4
Nov
10% May
200
18%
Feb
20
S
1
12%
.
t
6%
3,100
5%
Nov
8
7%
7%
150
7%
Nov
9
Apr
Lakey Foundry A Machine
1
27
Feb
40
Nov
Lamson
S
6%
96%
preferred series A
Nov
Apr
Lanston
■
•
20%
33%
; 4
35
1,100
:
3%
:
4%
1,900
3%
3,400
5%
Corp of Delaware
Monotype Machine
La 8alle Extension University
6%
21
100
6
Feb
7
200
6 y2
6%
8% Nov
10
3%
Feb
2%
Nov
x9
Mar
common
1
Feb
100
Apr
Leonard OD Development
SI
%
%
%
7,700
110
Mar
117
Jan
Le
1
10%
9%
10%
3,700
9% Nov
25
Jun
110%
Feb
a
23 Ya
21%
24
3,000
15y8 Mar
24
•
12%
12%
13%
1,300
7%
500
95
25
112 y2112 y2
~3% _3%
400
18%
Oct
May
May
X105%
4
3y8
100 ya
17V4 May
12%
5%
—1
Company
Apparel Inc
5%
6%
1
-—10
General Fireproofing common
*
General Outdoor Adv 6% pfd—-—100
General Phoenix Corp
1
General Plywood Corp common
50c
General Public Service $6 preferred—*
Georgia Power $6 prelerred
;
•
S3 preferred
•
Range Since Janaary 1
Jun
7%
Shares
High
Jun
25
far Wsok
Last
Ma Frloa
Exchange
mgh
22%
£1
dep rets ord reg
General Finance Corp common
6%
3
8TOCKS—
Shares
.
.
DECEMBER
3%
23
General Electric Co Ltd—
(2351)
EXCHANGE
ENDED
22 %
3%
Corp com—1
Builders
conv
CURB
WEEK
CHRONICLE
v
for Week
•f Pricer
gale Prise
Exchange
Curb
York
FOR
FINANCIAL
Sales
Week's
Friday
STOCKS—
New
&
250
5%
Sep
16
Jan
23%
Jun
•
11
Feb
12
Jan
Gladding McBean A Co
25
29
Apr
38
Gleaner Harvester Corp
Glen Alden Coal
___2.au
Lefcourt
Realty
Touxneau
Line
(RG)
Material
Inc
Co,
Lionel
Corp common
Llpton (Thos J) Inc 6% preferred
10
10
A
Apr
Jan
1%
Jan
May
Oct
11
Aug
15%
25
July
30
Jan
Dec
11
May
Oct
Jun
Giant Yellowknife Gold Mines
Gilbert (A C)
Gilchrist Co
1
18
.♦
common
21%
35%
Oct
25
24%
26
1,500
20%
20%
22%
5,600
18%
Jan
12 y8
1,700
10%
Nov
21%
Jan
13
13 y8
12% Aug
15%
Jun
Lit
1
13
9
,
..
600
Feb
Brothers
Loblaw
SI
Inc common
Lone Htar Gas Co. (Texas)
16
*
.
$4.50 prior preferred
Goldfield Consolidated Mines
Goodman Mfg Co.
<
Jan
Feb
28 y4
Jan
91
Jan
%
Nov
% May
57% May
7,900
Nov
Sep
60%
60 %
50
50
Mar
11
11 y2
900
11
Nov
7
7
7%
8%
1,400
7
375
91
112%
110
133
65%
Apr
6% Mar
Louisiana Land A Exploration—
Louisiana Power A Light $6 pfd
preferred
138
7% Mar
10
July
6,500
% Mar
1
Jan
78 Va
Dec
71%
78 %
1,025
49
Mar
64%
70
3,450
44
Apr
70
Dec
20%
—1
*
9
Lynch Corp
18%
20%
13,200
15
Feb
23%
Jun
110
13%
13 Va
Apr
12%
700
13 Ya
Nov
112
Jan
18%
Jun
9
Aug
Oct
120
Jun
140
Mar
M
Macklntoah-Hemphlll Co__
137,
1,400
A
Jan
14
*
10
70
July
y4 May
Tea—
common .stock
Jun
Feb
5,800
78%
.
10 y4
Feb
8%
•
100
100
Jan
18%
<
Mar
107% 112%
7
3
_
Great Atlantic A Pacific
60 y4
11%
9%
Aug
26% Jan
24% May
21%
%
preferred B r.tfe of dep
sy»
1
9%
7% preferred A ctfs of dep
Oct
52%
10
pfd—23
conv
Gray Mfg Co
1st
"%
Jan
50%
•
Graham-Paige Motors 5%
1%
""%
9%
A
3%
Nov
22 y2
400
20%
Long Island Lighting CoCommon ctfs of dep
Nov
50
Grand Rapids Varnish
;
25%
23%
"%
1
Gorham Inc class A_
Gorham Mfg common
Non-voting
25%
.*
;
20%
v
_
_
26
24%
Feb
18
....
——
Feb
20
«•»—
Apr
22
1
2y8
600
7%
22%
•
80%
2%
2ya
'
—
7%
•
B
39%
2%
1
_•
7%
Groceterias class A
Class
Longines-Wlttnauer Watch Co
Gobel (Adolf)
Godchaux Sugars class A
Class
B
—
•
common
Locx« dteei cnain
26% Aug
10%
,*
Olenmore Distilleries class B
Globe-Union Inc
2% Mar
Jan
Maine
Public
Service
common.
Mangel Stores
10
1
Feb
5%
100
8%
8%
8%
J
_
Co
11%
11%
600
11
13%
14
300
12
Amma»■
17% Mar
Sep
Feb
16%
Jun
21
Apr
28
Nov
34
——
May
39%
Sep
Nov
3y8
Apr
May
'
Great Northern Paper
Gulf States
36%
36%
23
Grocery Stores Products
Utilities $4.40
36 Ys
550
8%
Nov
44%
Jan
Manlschewltz
May
9%
Sep
Mapes Consolidated Mfg Co
Apr
Marconi
200
8
190
97r
Nov
13%
98%
100
pfd
Gypsum Lime A Alabastine
37
8%
common—25c
Nov
99
•
•
105
13%
Nov
(The B)
Co
International
—U
1
——•
•
——
Marine
11
Communication Co Ltd
Marlon
Power
Warrie
common
9%
9%
-.10
Shovel—
Massey
—.
9%
'
1,700
2%
Feb
8%
13
"
•
MeAleer
H
MoClanahan Oil Co
Hall
Lamp Co
Bridge Co Ltd
0
Hammermill Paper
new
5%
500
7%
—•
com
9% May
Feb
8%
15%
15%
1,200
McCord
Oct
Dec
19
Nov
56%
Jan
Corp
$2.50
Nov
48 Ya
15%
•
._
Sep
5%
6
mm'
•
Hamilton
1
Mfg Co common
convertible preferred
5%
—10
1
common
•
common
(AG)
13 Ya Mar
25
Electric Lignt
Hartford
Rayon
-
,
^
1
common
"
2%
1%
1 Ya
5%
5
Brewing Co
-
1
8%
_•
10%
Hearn Dept Stores common—
I~~~5
7 Ya
Hecla
—25c *
11%
Hathaway Bakeries Inc
Haxeltine Corp
Mining Co
Helena
Rubinstein
Class
8%
,
..
4% July
Mead
Nov
2% May
Menasco
5%
5
Nov
7 % May
Merritt
67/a
Feb
8%
600
1,000
8%
2,000
11%
12%
2,200
9
8%
.
4%
—100
10%
..
,
7%
10%
6Vi May
5%
100
5%
Dec
8
10
9y«
91
40
Dec
11% May
12
1%
2,700
iy4 Mar
2
Jan
34
35%
1,000
22% Mar
42
July
36%
1%
36%
25
36 Ya
Nov
44%
29
1%
35%
30% Aug
9%
9%
200
x9%
Nov
12"% Mar
1
16%
16%
16%
1,100
15%
Sep
25 Va
1
1%
1%
1%
1,700
1
Jan
5%
Nov
75
108
—
r'
.*»«*."•
71
1
71
preferred
10
41
200
Border's
__
mm
3 Ya
3%
75
7%
Sep
28%
29
42%
44
Nov
Michigan Sugar Co
6%
30%
31
275
22%
22%
23
500
73%
72%
73%
■
_•
__
t
m
'
t,
Oil
Lock
Inc
5
common..',
Refining
4
A
B
Mfg Co
Hussman Refrigerator $2.25 pfd—
Common
Huyler's
Nov
.,
30%
Sep
Sep
-
stock
warrants
41'A
50
',"5 %
"3%
_•
3%
3%
1
2.50
Apr
44 Ya
Jan
23
•
,
Jan
Midland
35 Ya
23
2%
25
V.
2%
4% May
5%
57/a
18%
xl8
__"
200
Miller
Jun
Jan
Nov
Feb
16
Feb
3%
Feb
42 Ya
Feb
25
"l% "l%
2,100
6%
6%
300
7%
6%
7%
200
Feb
Jan
43
5%
7%
Jun
July
Jun
6% May
Feb
"7
b%
~6%
11%
12
6
"5%
~6%
14,300
24%
24%
50
7,700
60
8%
Jun
Jun
10% May
2y2 May
1
Nov
6%
Nov
6%
Sep
10
Feb
32%
Oct
5% Feb
•%
Apr
19
24%
•
9%
1,100
Jan
Apr
.15% Nov
-7%
Feb
5%
•
16%
16%
Zioa
3%
—10
.
Co
19%
3% '
19%
1
Refineries
Co
_2%
375
17%
600
3%
2,300
20
450
21
20
2%
2%
2,000
700
_50o
7%
7%
—50
common
convertible preferred
33%
33%
150
9%
600
Oct
6'%
10%, July
13%
.^Oct
23
16%
9%
13%
Jan
7
30%
Jan
25%
5
24
Nov
Jan
5
10%
Mar
104
Dec
27
23%
250
7%
7%
7%
1,800
2%
2%
3
4,600
2%
87
50
86%
98%
98%
50
2%
2%
800
May
Apr
Jun
0% May
35
Mar
24%
Apr
Apr
22% July
5
86%
1
1
Feb
Mar
2
23%
•
Corp
Monogram Pictures common
"Dec
3% Aug
Feb
18
28
96
"9%
pfd—100
Missouri Public Service common
Jan
200
5%
3 V4
10%
111
products—
Mining Corp of Canada
Minnesota Power & Light 5%
Jan
3% May
—
5
■:
common
Wohl
4Ya%
300
7% Mar
Midwest Piping A Supply common.
Mid-West
4
1
Molybdenum
Hygrade Food Products
3,300
—
5
;
Abrasive
Oil
Jan
7%
2%
Co
Mid-West
Midwest
7%
22 %
,
100
Midvale
Jun
Jun
Apr
c
1
Corp $1 conv pfd
Steel
24%
Sep
t
$2 non-cum dividend shares
88
44
v
c
Ex-distribution
Jan
3%
1,400
.
4%
Corp—
Miaiand Oil
148
•
10
1
common
Corp
Distribution-on
Oct
20%
4
_1
IIII0
Nov
41% Mar
'
1
Hydro-Electric Securities
2%
100
41%
_____
—
2%
Feb
t
v
M1>m1* West
T„n
197/a May
x65
Hone
32 V4
Feb
Nov
139
5,700
2%
•
common
1st conv preferred
4%
preferred
Class B
4% May
Mar
in*
(Harvey)
Humble
A
11%
39% Aug
—
*
—
110
110
4%
_2M
Middle States Petroleum class A
Jan
24
100
•■»
44
85%
.16%
360
mm
—•
common..
«M*4
—15
Michigan Bumper Corp
Michigan Steel Tube
Apr
Dec
3
600
preferred
Hubbell
Hurd
3%
•
Co
.100
1
Participating preferred
Apr
7% July
4,200
_
A
Horn A Hardart Baking Co
Horn A Hardart common
5 *
»%.
•
(Geo A)
41
Jan
3% Mar
Jan
98%
Jun
5%
300
9%
1
Inc
Hormel
42%
.'9%
Bollinger Consolidated Q M
Houy Stores Inc
Holophane Co common
—
__
_
Co
Metal Textile Corp common
11 Va May
Feb
Aug
68
20
7
,
7
—
A Co class A
_
A
Iron
Mlcromatic
Hoe (R)
Co
A
Co
'
common
Apr
July
9%
a
Chapman A Scott Corp—
Mesabl
Apr
11%
Mfg
0%%
14% July
Nov
Johnson
May
•
& Co class B
Dredging
Warrants
Jan
Sep
8%
600
95
16 Ya
Feb
10
50
10%
—100
preferred w w
preferred w w
9% Aug
Nov
10
150
94%
10%
'
common
&Ya%
Henry Holt A Co
Nov
1%
300
X7%
A
Heller Co
2
500
11%
.10
*
common
■.
1,800
1%
2
1
Hat Corp of America B non-vot com—l
Harvard
McWllliams
Oct
Nov
■
Haruord
20%
3
•
3
5%
—
200
300
3
.
•
preferred
McKee
—
19
18%
-r—
May
Sep
Jan
Jan
8%
OCt
Feb
6%
Jun
Dec
96 Va
Jun
9<J% Aug
103%
Jun
6% Mar
Monongahela Power Co—
4.40%
Co
•
common
Chemical Industries—
9%
9
_
9%
..£1
dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
4"
——
coupon
;
11V4 Mar
17%
Oct
11% Mar
17%
400
««
88%
89%
Oct
July
Oct
13%
Jan
96
Mar
88
92%
Feb
10
Dec
cum
pfd
pfd series B
48
Dec
59
Oct
Sep
24
14
Mountain
Tel
States
800
:
x22%
—■
10%
shs
10%
10%
13,300
11
500
10%
Nov
1%
1
~s
9% Mar
9V2 Mar
xl0%
*
—1
Royalty
•
Iron Fireman Mfg voting trust ctfs_
Irving Air Chute
•
Italian Superpower Corp com cl A„
110%
15
Oct
Feb
A
1,100
H Mar
9% Mar
,17
Jan
2% May
13% Nov
12%
11%
12%
3,100
1%
1%
1%
3,000
1%
Feb
2% May
Nov
20 Ya May
15%
*
■
4.
4
-
600
15 Ya
4%
500
3V2
Nov
7Va
Apr
A
1,000
%
Dec
1%
Muskogee
Muter
Mfg
Co
1
3%
4
1,000
3%
Nov
9%
Jefferson Lake
1
5%
6%
2,600
4%
Feb
8% Aug
9% Jun
A
4%
•
5
200
4%
Feb
4%
5
•
5
Jan
4%
100
4%
Sep
6%
Jun
20%
1
:
Co
Kokenge
Kansas Gas A Electric
Kawneer
7%
pfd
•
*
■
Inc
Key Co common
Kidde
1
100
*
Co
(Walter)
A Co
21%
75
20 y4
Apr
25%
Jan
8%
8
8%
25,300
5%
preferred
King Seeley
100
1
1
1
D
Corp
Klrkland Lake G M Co
Klein
(DEmll)
Klelnert
(IB)
Ltd
1
Rubber
'
10%
16%•
800
13%
200
6%
300
6%
Nov
10%
700
9
Jan
6%
10
Knott Corp common
Kobacker
Stores
SOna^ar
For
footnotes
see
page
37.
Oct
99%
20
41%
11 y4
41%
16%
2%
16%
100
2%
2%
700
11%
3,200
11
1
11«
4,400
10%
1
10%
100
50
11%
11%
11%
20%
20%
7%
1
Brewing Oo
13%
20%
150
7y8
7%
12%
100
Feb
15%
126
17 5
9%
107%
60
48%
19 y4
11
1
Nov
Nov
Nov
Jan
Nov
Jun
Sep
Oct
4% May
20%
l/5
14
10%
Nov
11%
Dec
16
20 y4
Dec
24 y2
12 %
Nov
Feb
Mar
12 Mi May
Jan
2%
Jan
Nov
17% May
12% Mar
37%
800
12%
Apr
45%
1
Co
Nov
14
•
10
1
Co common
8
122% Aug
11% Mar
13%
16
Kimberly-Clark Corp—
4%% preferred
10#
Kings County Lighting 7% pfd B—100
Kingston Products
Kir by Petroleum
Feb
Feb
30%
200
26%
Jan
110
97% Mar
103% 103%
.
Jun
Jan
Mar
Apr
Jun
4% May
17%
Jan
23
Sep
25
300
27
25
Co„
July
9%
9%
9%
200
*8%
"9%
500
8
40 Ya
Jun
4% May
17%
34 y8
115
27
Apr
Nov
July
Aug
12%
12%
200
11
Dec
33% May
13 y4 Jan
Oct
14% May
Nov
11% Aug
Sep
10%
9%
common
Corp
Inc
Namm's
.
common
National Bellas Hess
common
National Breweries common
Fuel
Gas
A Stores common
National Pressure Cooker common
National Radiator Co
National Rubber
10
-1
1
•
15%
Machinery
National Steel Car Ltd
National Transit common
1
2
4
10
•
1
30o
National Union Radio
(Herman)
*
1
Corp
N
Y
Clock
Shipbuilding
Founders
A
220
29 Va Mar
37%
Oct
35
150
33 V4
Feb
37%
Jun
6,200
10%
Dec
12 y4
Jan
11
Nov
16 y4 July
10%
10%
11 Va
10%
11
400
8%
8%
7%
7%
1,700
x8%
Oct
V/v v
10 Ya
Nov
18%
3 Ya
3%
2%
3
16
17%
May
Feb
7% Mar
10% May
7%
Dec
11%
Feb
22%
Jun
500
15
Mar
100
3
Nov
5,300
18%
3
1,400
300
8
2
Nov
4% May
3% Jun
ADr
8%
Jan
13%
13%
Feb
17% Aug
4%
Feb
5%
5
79%
Nov
96
May
2,300
1%
Nov
6
Jan
2,800
5
Nov
66%
67%
500
8%
8%
3,700
1%
1%
1%
1,500
~8%
~8%
200
27
27%
350
10%
400
7%
54,400
10%
6%
July
72 y8 July
Feb
10% May
1%
nov
2y8
Jun
Feb
88
Dec
10 Va
27
Feb
32
10%
Nov
15
May
Feb
19
May
8%
14%
7%
12 Ya
Jan
6
59%
75
1
1
100
100
Oct
1,270
2%
6
1%
8%
67
7%
82%
80
Corp—
shares
1st preferred—
2d
31%
4% July
•
preferred
Class B optional warrants
Niagara Share Corp class B com—-_B
Niles-Bement-Pond
*
Nineteen Hundred Corp class B
5
5%
31%
Nov
5
5
Watch
Niagara Hudson Power common
5%
2l/a Mar
19
2%
Haven
4%
7,800
x4*
n
80%
England Tel & Tel
1,400
3%
11
10%
100
New
Jan
Nov
6%
3
34%
31%
Co—_—1
4%% convertible preferred
20
New Jersey Zinc
25
New Mexico A Arizona Land
1
New Park Mining Co
1
New Process Co common
•
N Y Auction Co common
•
N Y A Honduras Rosario
10
N Y
Merchandise
10
New
7
5%
"3
25
preferred
7%
Neptune Meter common
Nestle Le Mur Co class A
Kennedy's
3%
12%
3% May
178% Jun
N
Nelson
Kaiser-Frazer Corp
600
2,100
common
Company
Nachman
Apr
15%
%
A
jeannette Glass Co common
Preference
Nov
3%
13%
29
103%
Tel
Muskegon Piston Ring common
National
Jim Brown Stores common
30
3%
Vernon-Woodberry Mills
Mt
Murray Ohio
National Mfg
Julian
Alig
13%
National Mallinson Fabrics
,
162
75
32%
31
Producers
Mountain States Power common
Mountain
540
168% 174
31
Feb
Jun
.50%
48
48%
-
Investors
Sulphur Co
168%
2%
Jun
13%
com class A
Ward A Co class A,
Moody Investors partic pfd—
Morris Plan Corp of America—
Montgomery
Apr
July
j
..
Monroe Loan Society
,
•
„
common
12 %
190
1,200
•
International Utilities
Jan
'
11%
10
~io
Safety Razor B
9%
750
104% 107 Ya
10
50
shares
Feb
8
16%
11%
.
Preferred $3.50 series
International
■
106%
•
International Metal Industries A
Petroleum
';
pfd— 100
Cigar Machinery
International Hydro-Electric—
8%
3%
v
'
"
Insurance Co of North America—— -10
International
''
1,000
16%
16%
11%
11%
_£1
A Ireland
Registered
Jan
Nov
500
Imperial Tobacco of Great Britain
International
16%
11,100
4
Xl6
16%
a
—B
International Products
Nov
.
Aaxer
Indianapolis Pwr A Light 4%
9
750
cum
4.80%
,
IllinoisZinc
Imperial
Feb
6%
Nov
10y4
July
Jan
%
775
98
JunJun
105
Apr
117
Jan
1
May
92
A
5,500
%
Jun
8%
Jan
11% July
8%
Nov
12% May
23 V4 Nov
8%
x9%
3,100
8%
8%
x8%
3,500
21%
21%
21%
600
8%
Feb
X92y2
96%
12
Feb
35
THE
COMMERCIAL
NEW
Weak'a
Friday
Last
Curb
Exchange
of Frloe*
Par
Nlplssing
Low
Mines
%
Class B
North
American
North
Central
North
Utility
Texas
Penn
RR
V, Mar
1% May
Scovlll
8%
Oct
Scullin
Steel
Co
48%
Jun
3914
300
33
48
Jun
Beeman
4
May
2
800
15 %
Mar
1%
400
23/4
5,100
2Ve
Nov
15" ..Mar
2%
50
Sep
Nov
89
I
Northrop Aircraft Inc
Novadel-Agene Corp
10%
101% 101%
9
1
8
?c>
9
„
9%
16%
Low
1,000
27
2,000
10%
Feb
700
1%
Nov
300
15%
Nov
11
Feb
Sep
$5.50
Oct
Allotment
Feb
Nov
22 %
Jan
7
1,100
97%
15%
1
1%
1%
5,300
3
2%
3
8,800
18 %
: 20%
22
Oct
3%
19%
Jun
Jun
1(4
79%
50
Inc
Corp
2%
Jan
24%
Jan
13%
4% May
27% Jun
Feb
Feb
74
87%
"2%
3(4
1,700
2%
Nov
5
3 Va
3%
400
1%
Feb
%
100
%
Nov
Jun
4
%
3%
*
Jun
85
75% Mar
certificates
(R B)
Sentinel Radio
Nov
Nov
1% Mar
2,650
79%
20%
5
-25
stock
prior
Jun
34
-
15%
Semler
Oct
1%
1
Co
Industries Inc common
Convertible stock—
Jan
Nov
103
Shoe
Selected
9%
13%
7%
4,500
16%
16
97
27,100
Selby
2
Xl5% xl5%
15%
High
Feb
19%
1%
Segal Lock 6c Hardware
21% May
3% Mar
Low
28%
18%
Inc
Bros
Rang* line* January \
High
28
28%
Securities Corp General
15
—
Sharea
common
33% Mar
2 'A
Northern Indiana Pub 8erv 3% pfd. 100
Northern States Power
(Minn)
for Week
25
Manufacturing
Feb
67/b
100
1%
J
—1
Range
*f Price#
Par
High
40
Securities-
Oil
Co
900
2,200
Sales
Laat
Exchange
Curb
39 Ve
39 Va
Airlines
Low
7%
Week's
Friday
Sale Frit*
STOCKS—
York
New
Range Sbsee Jannary 1
40
common
Northeast
Share*
7/a
7%
EXCHANGE
DECEMBER 3
ENDED
far Week
High
7%
North Amer Light 6c Power commoni—l
North American Rayon class A
Monday, December 6, 1948
Sale#
Range
■alePrie*
STOCKS—
York
WEEK
FOR
CHRONICLE
FINANCIAL
CURB
YORK
RANGE
New
&
common
%
Jan
Jun
Safety Control
Serrick Corp class B
"%
14
13
14
'
1,200
10% Mar
1% May
15% Oct
Be ton Leather
12%
12%
12%
200
12%
Nov
15% May
2%
2%
1,500
x2%
Nov
19%
19%
900
16
Feb
Sentry
Ogden
Corp
common
Ohio
Brass
Ohio
Power 4%%
Co
Oklahoma
B0«
class
•
X35
100
103
B common
preferred
Natural
2
Gas
Poindexter Distillery
Oliver United Filters class B
Inc
9%
21%
23
7%'
33%
Light 4% ft
Traffic Co
•
20%
18%
15%
88
15%
22%
3%
.
9%
Nov
250
23
200
7%
6%
7%
80
2%
July
,17%
Sep
,
Feb
4%
14% Aug
19'/a
113
Manufacturing Co
South
Pa
Southern
Jun
Oil
Penn
6%
original
4
Jun
Nov
55/a Mar
26% May
8% Oct
cum
conv
preference
4.48%
400
41
40%
3%
r
1,200
3%
4.32%
Nov
6%
Jan
Nov
4%
Jun
99%
Oct
108%
Jun
6% May
Mar
54% Jan
5% Jan
51%
53
1,250
10 %
11
500
4%
4 '/a
4
3%
48
Nov
Feb
9% Mar
70
3% Mar;
8%
%
~6% "5%
'
100
Jan
11%
Oct
6%
3,700
,
Nov
9%
Jan
Jun
22
Feb
29%
2 i'o
2,4
4,300
2
Aug
2
2%
1,600
3
Feb
4
Mar
1P%- 11 %
1,200
Convertible
3
50
63%
A
63
65%
xl7
710
xl7
xlO% Nov
37'/a July 58% Feb
200
8%
Jan
$7
4% Mar
12% Oct
common-
Producers Corp of Nevada
9
Jan
18% Jun
6%
97%
Oct
37
Feb
44 %
May
Feb
8%
Apr
67/s
800
9% Feb
16
May
1%
7%
Jan
3
Jun
Nov
11
8%
Jun
175
90%
Nov
99%
Jun
95 Vb
96
90
Jan
99
22%
100
21%
Nov
30
$3
convertible
12
150
11% July
14
Jan
6
1,100
6
'
,"'•■75
88
6
270
Nov
15
10
325
79
8%
Feb
Mar
139%
12
Reading Tube Corp class
Keen
Roller
Regal
Eels
31c
Shoe
x96
Jun
Nov
152
July
Mar
15% Aug
Rice
Engineering
Dry Goods
Richmond Radiator
Rio
Rochester Gas 6c Elec 4%
pfd F
Roeser & Pendleton Inc common
Rolls Royce Ltd—
Amer
Rome
dep rets for ord reg
Corp common
Cable
Roosevelt
Field
Rotary Electric
Rowe
(The)
Roy all te
Inc
Corp
Oil
Co
Co
common
Ltd
Russeks Fifth Ave
31
200
30 % Mar
37
Jun
52
65
Mar
34%
53%
30
6%
16,600
6
x20
5%
5%
X20
-
6
21%
600
2,200
5%
Jun
Nov
(A)
Oct
19(4 Mar
3%
3%
1%
3%
900
3%
Nov
1%
1%
2,600
1 %
5
Sep
18%
18 Va
18%
700
_2%
"2% L~2%
500
Ryan
Aeronautical
Ryan
Consolidated Petroleum
6c Haynes common
Co
100
2
86%
2
86(4
86%
27
•
1% May
9%
Jan
Jun
18
Nov
24% Mar
2%
Nov
6
Stroock
(S)
Sunbeam
1st
conv
common
preferred
5
27
Co common
United
x8%
4%
33%
1
2,100
1%
Jan
170
85
Nov
50
23
Mar
6%
20%
20 Va
9
4%
34
7
20%
1,100
100
1,000
*
1
71
5 %
8%
Nov
37/a Aug
17
common
Savoy Oil Inc (Del)
Bayre 6c Fisher Brick Co
Schulte
(D
A)
Inc
common
3
200
2% Nov
4%
Jan
4%
5%
300
4%
8%
3,100
5%
8
%
200
%
~8
8
Nov
Oct
Dec
7% May
1% May
13
21%
21%
100
19% Mar
26%
Aug
Sep
2%
"2%
2%
500
2% Mar
3%
Jun
Feb
15%
1%
250
15%
Nov
19%
10%
500
9Va
Feb
27%
28%
17
10
17
25%
2,500
25 %
Feb
11% May
30% Nov
1%
3,400
IV2
■
*
1%
Jan
1% Mar
--
110
"_7
140
113
Feb
102
6% Aug
3
May
2% May
Oct
122
3%
8% May
Apr
Jan
67 Ve
110
52%
Feb
72
Oct
21
200
21
Dec
27
% Jun
18%
18%
200
15% Mar
7
"I
500
7
6%
Nov
1
1(4
2,100
%
5
1,600
4%
Dec
12%
13
425
July
8%
Jan
3%
Jan
Feb
4%
4%
23 Ve
12
Nov
7% May
15 Va Jun
"l Va
1 Ve
1%
1,700
10 Va
11%
500
10%
Nov
15%
Jan
•
12%
12%
12%
650
12 %
Nov
20%
Jan
34%
34'A
35 %
1,050
27 Ve
Jan
37
25o
5%
S
—1
common
Corp—
5%
5%
1,200
13
5
Nov
Nov
1%
Apr
Superior Tool 8t Die Co
■wan Finch Oil Corp
Power 81
1
1
5%
2%
2%
300
10%
50
13% Mar
Oct
Jan
7
2%
10
Nov
Feb
17 Ve
3% .Jun
14%
10%
10%
300
10%
reb
12
24%
26 Va
1,400
24%
Nov
31 Va
10
11
5,900
10
Nov
16
121% 124
80
118% July
124
100
May
Apr
May
Jan
May
Jan
—5
17
16%
17
700
16% Nov
19 Va
Jun
—5
16%
16 Va
16%
300
16
Feb
21
Jan
—1
common
10 %
xlOVe
Nov
15
10 Vb
10 %
1,200
.—1
13
13 Va
1,200
...1
6
.
6,
200
Stocks
11% Mar
5%
Feb
49 Va Mar
May
18% May
7% Apr
57% Oct
Tri-Continental
Trunz
Nov
Jan
10
Jan
,_70c
May
4% May
__1
Realization
2% May
93
37%
Mar
Gas
of
Union
$3.75
Apr
13%
5%
Jun
11%
United
Aircraft
United
Chemicals
United
Jun
Dec
6%
Apr
600
5% Mar
8%
Jan
6%
6(4
100
6
7% Nov
90%
90%
50
•
of Omaha
TOO
-500
com
Nov
3
Nov
97%
Jan
62
Jan
5% July
Jun
3(4
3%
41 Va
3%
•
common
87%
52% Nov
41%
100
16,200
ft
Feb
% May
36% May
20% July
2,500
38% Mar
70
50
29%
Dec
2,500
16
Feb
-7
20%
19%
21
9,300
17%
Feb
23%
Oct
13(4
13 Va
13%
Ncv
30
Jan
24
Sep
25%
Jan
Jan
&
Railways
Products
•
common
Preferred
400
*
United Molasses Co Ltd—
10%
dep
rets ord regis
5(4 May
..100
Profit Sharing com
preferred
18%
18%
100
18 %
Nov
9%
10%
8,600
7%
Sep
12(4
Jan
United
1% Mar
3(4
Jun
U S Air Conditioning Corp
U S Foil Co class B
United
Shoe
__25c
—
9% Aug
23% Aug
Jan
Apr
%
6%
3% Apr
4 % May
600
19%
Light
3%
2%
3,400
8
29%
Milk
Feb
Oct
1%
3
7%
ft
Nov
Nov
Va
2%
lVa
2%
19
4%
1%
1
1%
29%
200
3
Jan
May
ft
4%
200
Jan
12
31
19%
4%
6,600
9
Oct
29%
United
1%
Nov
*
United
3(4
Feb
Nov
4 Va
10
United
Apr
3
900
United Gas Corp common
Jun
1%
"5%
3
warrants
Elastic Corp
Apr
1
Nov
1%
.100
Corp
7%
1
4
Jun
Jun
1% May
6% Apr
4'A May
—5
Corp—
Products
Sep
Oct
11%
Nov
5,800
July
5
99%
8%
pfd series A
Jan
1%
400
2%
Nov
Nov
% Nov
800
1
4l/a
"4%
1
com
Canada
Stock Yards
Nov
600
2%
88
7% Aug
1% Jan
66
Union Oil Co of California—
3%
1,500
75
4
Investment Co
5%
2Y8
100
2%
2%
Corp
Chemical
400
2
2%
89 Va
preferred
Unexcelled
2,000
1%
Oct
Nov
U
Ulen
5%
f7% Nov
%
Jun
32
~4%
2,600
1
warrants.
convertible
5%
7%
89"
U
51 Va
26 Va
~4%
7%
2%
.100
...
60
53
200
1,250
%
%
43
Inc
Tung-Sol Lamp Works
8O0
4% Nov
5a
20
Jan
11% Apr
24% Oct
6%
14%
£1
dep rets ord regis
Amer dep rets def regis
Todd Shipyard Corp common
Toklan Royalty Corp
Toledo Edison 4%% pfd
Tonopah Mining of Nevada
Trans Lux Corp
Jan
3%
26%
43
700
2
25c
475
10%
Light 7ftf pfd
Allied
"■
25%
Corporation common
Tllo Roofing Inc
Tishman Realty
& Construction.
Tivoll Brewing Co
81
15 Ve
10%
mum
—1
common
new
15
1
If
Taggart Corp common
Tampa Electric Co common
Inc
"
•
26% July
Jan
600
1.25
1
Corp
Jun
2%
Feb
10% July
—•
& Co
Ray Drug common
Superior Portland Cement, Inc
Union
x8%
—10
49
Salt Dome Oil Co.._
Samson
48%
21
1
Sun
United
Corp Ltd
Feb
1
United NJ RR & Canal
Lawrence
25 Va
36
Nov
Mar
1
(Hugo) Corp
Stop 61 Shop Inc
Amer
St
22% May
4% Jan
800
•
Dec
£1
1
Ryerson
800
38
25
67
Union
1
•
common
24%
37
26%
•
•
81 Co common
1
.
5%
1
-5
Steel
Feb
53
6(4
25%
•
Valley Gas Co—
Corp) v t c
Jun
Nov
34%
1
20%
%
53
Grande
(Texas
14% Mar
3% May
25 %
34'A
8
Nov
1
Co
Stix
%
.
275
25%
*
&
25
25%
6.25
1
8c
17%
31,600
•
A
Co__.
(Robert)
17%
li
•
Co
Reliance Electric
%
10
common
24%
38
,
Steel Co of Canada
Amer
1
common
28 % Apr
29% July
29 Va Jan
26%
Tobacco Security Trust Co Ltd—
%
10
preferred
1,400
27%
26%
24%
—1
Thor
89
144% 144%
option warrant*.
Manufacturing
1
.
Sterling Aluminum Products
Sterling Brewers Inc
|8terling Engine Co
Sterling Inc
Tobacco
Raytheon
4,300
26%
26
1,700
27%
27%
27%
Aug
12
R
Raymond Concrete Pile
28
28
July
22%
15
A
May
Feb
6%
100
Too
Aadlo-Kelth-Orpheum
41% May
5%
10%
88
Railway 6c Light Securities—
Voting common
Railway 6c Utility Investment
Rath
Packing Co common
Jan
' Jun
,
Nov
92%
copimon
preferred
31%
•47
2%
10%
.10
Quebes Power Co
Co—:
Corp
Corp
Thew Shovel Co
Oats
Dec
800
Texas
6%
40
Jan
17
3,000
18
.
•
(The)
Technicolor
Quaker
33 %
35%
17
2%
IIII'•
IIIIA
com
July
2%
92%
10%
Pyle-National Co common
Pyren* Manufacturing
1,700
41%
5
4% May
10% May
6% July
1
400
«
preferred— -100
Light—
prior preferred
Puget Sound Pulp & Timber
3
X39
Oct
Nov
Starrett
May
10% Oct
6c
$5
2%
39%
%
3
7% Feb
2% Nov
Oct
Jan
8,600
600
Oct
_•
Colorado—
cumulative
Puget Sound Power
•
Stinnes
2%
3,500
75%
Stetson (J B)
1%
2,700
8 Vb
29% Aug
14 Va Mar
21%
Oct
2%
1%
3'A
"
3% May
15
1
1
3
x8
x8
Feb
Oct
9% Mar
class B
1%
3%
*
Apr
8Va
Nov
87
/
Oct
25%
3
100
10%
5,000
2%
13%
10%
_9%
Jan
500
Apr
May
100
~8%
4
94
1,900
15
..
~9%
Dec
Sep
27/a
88
1,400
Jan
;
10
Nov
May
7(4
Nov
7%
92
20
270
2%
3%
40
400
92
2%
-
Nov
Nov
3%
8
7%
3
92
6% Mar
19%
224
6%
3,500
40
270
2%
3,400
10%
1,000
3
9%
40
"7%
: 229%
1
5%
•
"7
37% Aug
8% May
Standard Tube class B
8
Inc common
"3.50
Metals of
America——
Jan
May
Standard-Thomson
5%
Preritlce-Hall
Jun
11%
Feb
5%
13%
14 Ve
Dec
Jan
9%
—1100
Lambert Co
B
Products
Apr
41
.2.50
•
■
13%
Stein
1
'
225
7%
—10
preferred
Standard
.
1,000
227
•
2.7$
1
preferred
class
•
4
35
,
•
Dredging Corp common
1
$1.60 convertible preferred
.—20
Standard Forgings Corp
1
Standard Oil (Ky)
10
Standard Power & Light com
1
IS Mar
2%
5
v
Standard
Common
2%
Co.—»
Btahl-Meyer Inc
Standard Brewing Co
Standard Cap 81 Seal common
July
11% May
6
Jan
4%
25
Spencer Shoe Corp
Nov
39
11%
"4
1
Southland Royalty
25o
Alexander
preferred
cum
Southern Pipe Line
2%
400
41
22 Va May
17 Va Jan
21
25
25
—25
preference
conv
45/a
103%
Nov
Edison—
4.88 ft
Aug
49
Apr
12
10
preferred
preferred
1%
102
Line
4.56%
Nov
Nov
Apr
18%
500
12.50
common
California
108%
475
1
1
common
Pipe
Jan
Jun
12%
—1
1
Corp
Southwest
104
Oct
July
76
21%
1
South Coast Corp common
Sep
May
24% May
10
Nov
12
*
Boss Manufacturing
31
27/8
840
10%
50
SSolar
Boonton*.
Oct
54
105 % 105 %
*
Ltd
Solar Aircraft Co
25% July
34
Oct
40%
217/a
7,500
2%
Mar
17% Nov
15% Nov
Apr
97
Sep
1,300
43%
10
Mining Co
•4% ft
2%
40%
1
Inc_T
Prosperity Co
~3%
52%
1
common—
Providence Gas
Public Service of
10
Feb
Jo
shares
Power Corp of Canada
common.
6% 1st preferred
6c
88
•
.
Pressed
Mar
11
•
common
Juq
2%
•
Pleasant Valley Wine Co
Pneumatic Scale common
Pratt
16
1,400
1,000
50o
Pittsburgh Bess 6c Lake Erie RR
Pittsburgh 6c Lake Erie
Pittsburgh Metallurgical common
6c
20%
18,800
2.50
Plnchin Johnson Ltd Amer
Pioneer Gold Mines Ltd
Piper Aircraft Corp
Polaris
3%
10%
24,300
9%
1
Philadelphia
Phillips Packing Co
Powdrell
Jan
32 Va
3,900
20%
8immons-Boardman Publications—
$3 convertible preferred
•
Simplicity Pattern common
1
Simpson's Ltd class B
*
Singer Manufacturing Co
106
Singer Manufacturing Co Ltd—
Amer dep rets ord regis—
£ 1
Sioux City Gas 81 Elec Co—
8.00 ft preferred
100
Smith (Howard) Paper Mills
•
10% Map
56%
•
Silex Co common
106% Jun
Feb
55 Ve
May
17
*
Canada
of America class A
Breweries
4
22%
12% Feb
100
preferred
Bick's
56%
common
Sherwin-Williams of
Shoe Corp
32% July
Feb
20
Rubber common
Co common
Pitney-Bowes
Mar
101
"3%
100
6c
Governor
29
100
2.50
Penn Water 6c Power
Co
Pierce
900
6%
•
Pep Boys (The)
Peppercll Mfg Co (Mass)
Perfect Circle Corp
Pharis Tire
1,700
2%
pfd
May
23%
f
class A common
Aug
13
23
2
1
25
Fsb
34'%
1
warrants
Jan
7%
Oct
31%
3%
1
Penn
15
12% Mar
•
Penn Gas 6c Elec
Penn Power 6c
Jan
33 %
10%
Peninsular Telephone
common—*—•
$1 cumulative preferred
25
Pennroad Corp common
17%
9*1
ah
—
Nov
4ft
Sep
14%
700
*
Mills
14%
30
—
Sherwin-Williams
Jun
9%
Oct
103% 104%
5
Plymouth
39%
Sheller Mfg Co
19%
25
Shawinigan Water 61 Power
Jan
7%
•
Patchogue
Jun
48
109%
■
—*
-1
Bhattuck Denn Mining
2Ve Nov
July
300
100
c
Feb
5
1,100
—*
t
v
Feb
30%
50
8%
7%
•
Parkersburg Rig 6c Reel
Penn-Dixle Cement
3,300
7%
common
Ltd
9%
8
2»
Parker Pen Co
Co
600
14%
21
preferred
Pantapec Oil (CA) Amer
Paramount Motors Corp
Patican
35 %
14%
1
Lighting $5 preferred
Pacific Power 6c Light 5%
pfd
Pacific Public Service com
(CA)
Nov
23
Pacific
Pancoastal Oil
Jan
101
14 Ve
1
Page-Hersey Tubes
33
70
lVe
12%
-1
Securities
1st
475
103'/a
~9%
1
Pacific Can Co common
Pacific Gas 6c Elec 6% 1st
pfd
5% ft
1st preferred
$1,30
38%
103
34(4
O'okiep Copper Co Ltd Amer shares
«
5,400
x35
%
2%
—•
_
Overseas
1%
1#
Old
Omar
V6
common
S
and
$5
1st
25
49 Va
49 Va
51%
with
250
2
10%
38%
38%
39
3,275
48
40
38
Sep
41%
Nov
13
1 Va
Nov
common
International
preferred
Nov
% Nov
6% Nov
8
Preferred
U
243%
_
_
25
Machinery common-
Specialities
10
5(4 May
...
Securities
warrants
—
100
1
Va
1,800
Nov
1
14%
4.600
11%
Feb
_•
3%
2,800
1%
70%
Feb
25
Feb
62%
3%
July
Jan
Jan
Apr
Jan
July
Jun
19 % May
5% May
86
May
Volume
THE
Number 4757
168
RANGE
Last
STOCKS—
Low
Par
U S Radiator common
1
U 8 Rubber Reclaiming Co
United
Stores
Corp
Universal
Oil
Consolidated
.——
Universal Products Co common..
10
23%
Oct
Nov
29
Jan
Kansas Power
2%
Nov
35
1
23%
23
45
22%
700
4
Nov
23%
3,200
——
A 7s
19% Mar
2%
36'A
100
3% May
'
Utah-Idaho
5
Sugar
2%
2%
2%
900
21%
«
Utah Power it Light common
21%
22%
1,000
July
Jan
3%
&
Extended at 4%
Venezuelan
5
1
Petroleum.
Venezuela
Nov
10
67
Sep
98
Jan
5%
Nov
10 %
Jun
23A
Nov
514
Jun
70
5%
3,300
6
2%
2%
100
131/2
13%
200
20c
Syndicate Inc
Vogt Manufacturing.
5
10
•
13'/2
ft Westchester Ltg
Ohio
Jan
2,900
5%
70
3 Vis
1st
•
mtge 3%s
•
1%
i%
$2
Waltham
Ward
Watch
Corp
Manufacturing
Utilities
Texas
Hydro-Electric
8%
900
8%
Nov
2
Dec
.
5 Vis series A.
1952
A-O
Jan
13
Bafe Harbor Water Power Corp
Ban Joaquin Lt & Pow 6s B
2%
3,500
4%
950
2% Mar
7'/a July
1%
200
1%
Feb
2% May
Southern
-
Weyenberg Shoe Mfg
*_
Jan
Feb
Apr
.
—10
175
33
Williams
C)
(R
Willson
Nov
Jun
25%
Jan
Oct
18%
Jan
Spalding
2% Nov
16%
Jan
AStarrett
Wilson
Brothers
Pwr ft Lt
Industries
5%
150
10'A
125
15%
24%
28%
900
10%
11
11%
Feb
12% Mar
19
19
IO7/8
19
Feb
28%
102 %
July
United
Nov
Feb
22%
Oct
Nov
9%
13
400
6%
200
A-O
9%
Jan
F-A
Electric Service
ex
Dec
"1%
1%
9,200
-
Period
Bale Price
or
'
Tel
Assoc
Bell
Jlf-N
1964
1960
J-D
6s_.
Steel
1998
Q-F
1970
105%
103
105%
101
101
101%
105%
2
105
'
.-
■'
7
99%
101
98
6
3
100%
98%
2
96%
104
—.1
114 J/2
122
98%
*
*118
122
105%
■
65 %
65 %
15
63
75
23
24
18
16
30%
24
A-O
—
21
24
10.
16%
30
;
.
•
34
30
-
__
38
19
4
+ 19
4 i-A
1949
J-D
.
.»
100%
20
100% 101
100%
103 J/4
'
*12
27%
18
2
25
24
24
1956
1956
coupon
coupon
—
Hotel—
1954
M-S
1964
2030
A-O
Penn
Traction
5s
1960
J-D
1959
P-A
-
J-D
5s_i
82%
82%
7
72
86
1
106
108
102 J/4
83
107% 107'A
108'A
117
120
*108 %
*119% 119%
—
—
.
Union—
Newspaper
98>/2
2
100% 100%
100%
104
High
15
99%
107%
15
103%
106%
108%
111
155
168
J-D
100 "A
Foreign Governments & Municipalities
108
■
234s
Edison
Boston
101%
24
1940
debs
Telephone of Canada—
5s series C
Bethlehem
30
104% 104 %
-
i
JS
Electric
Income
103%
96
77
97%
100 >/4 101
J-J
5V2S A
deb
102%
7
105'% 105%
1955
:
Tel
&
City Electric 3 '4s
Atlantic
96%
97%
Lovo
NO.
High
105 % 105 %
J-J
101%
Range 8Jnce
January 1
gold
Bid A Asked
j-D
1953
4%s
Electric
Bends
Friday's
Low
Associated
07%
103% 104%
A-O
1940
6s conv s f debentures
Last
1970
114
2
Week's Range
Friday
Interest
Appalachian Elec Power 3148
-
M-Jf
Penn
A 5s
2% May
Nov
Western
Exchange
105
101
113
«...
*101
■
—
103%
99%
103% 104%
99%
Co—
1940
1947
1
Waldorf-Astoria
—
Itt
:
A-O
of N J 4s
with Dec 1
A 7s
West
Curb
—
160
98
3
101
IS
Washington Water Power 3Vis
York
34
148%
12
115
105
-
1960
3rd
United Electric Co
West
New
19
(Hugo)
Jan
14
a.
BONDS
106
—
101
J..
F-A
Hydro-Electric Co—
A6%s with Aug 1 1940 ccupon__195l
A6Vis ex Aug 1 1947 coupon
1953
Dec
Jan
.
•
92 ya
105%
103
Ternl
May
17
200
•
6%
6%
—£1
preference
Wright Hargreaves Ltd
82%
103%
—
*113
__
JJ
1970
trust
A 7s
5s
6%
1
—
7% May
Feb
Jan
*
American deposit receipts
108
103%
28
*99 %
US
*——1989
1950
G) 5s
Corp inc 5s
(A
A7-4s
Jan
95
8
_.
Nov
14
250
28%
2
104%
100
—
3 Vis
& Elec
--
A-O
1971
(Calif)
Corp—
stamped
Btlnnes (Hugo) Industries—
A 7-48 2nd stamped
May
3%
-
1,700
15%
Too
pfd
Inc
Woodley Petroleum
Woolworth (F W) Ltd—
5
4%
11
10
15%
•
4%%
10
5
—25
preferred w w
Winnipeg Elec common
Wisconsin
10
1
common
5 %
Woodall
200
200
Gas
collateral
Btlnnes
Jun
Feb
5%
9%
-
"24%
6%
17% Mar
18%
Gas
:
Southwestern
14
9%
5%
"III
Inc
92%
100 % 100%
■
-MS
1979
3 Vis.
Gas
1st mtge 3s
20
300
-
2%
1-
1972
Counties
Bouthern
25
-
14%
•
Co.
ft
Products
9
148% 150
•
1973
series A
Southern California
600
21%
18%
*9%
5
,
2
.
*12
M-JV
,
3s____ 1965
Edison
1st & ref M 3s ser B__
May
29% July
40% July
5s
Wichita River Oil Corp
Wickes (The) Corp
California
Mar
38%
2%
3 Vis
161
24%
—
May
115%
140
100
14
14%
l
Co
Apr
10
112
50
24%
21%
6%
6% Mar
400
7%
150
149
35%
■
104
Jan
24%
-
107%
105
*24%
J-J
2
7%
—l
ft
2%
"
—10
106
104
101%
U04% 105%
—
199S
debs
Queens Borough Gas & Electric—
Feb
Apr
•
Westmoreland Inc
*104%
—
ii
67
102%
104
92%
—
J-J
1960
coupon
4%
Ilao
Westmoreland Coal
J-J
J-D
103%
58
1'
101 % 101 %
__
109 V«
7
105% 106
A-O
107
101%
104%
*103
A-O
25
104%
5
105% 105%
J-D
3s_1981
1952
Bcullin Steel inc mtge 3s——1951
150
105 %
17
15%
2
63
104
U-N
Co—
coupon__1969
1940
1%
Maryland Ry 1% 1st pfd. lioo
•
Western Tablet ft Stationery com
(Wm)
1
1947
1
104 %
63
63
28%
16
.
16
*101% 103%
--
MS
2Va
Western
Whitman
110%
1,700
1%
8%
.1.25
preferred-
$6
July
1%
u
~i%
1
-
P-A
A-O
4%
1
Co
Aircraft
Wentworth
-West
^
1%
Baking Co warrants
Warner
~
8%
10
preferred
cum
High
20
108% 108%
50-year 6%
11% July
Feb
106
'
——
3% May
Nov
1%
2,200
8
100
preferred
Low
No.
Public Service Elec & Gas Co—
Wagner Baking voting trust ctfs ext.*
7%
High
*101
J-J
1979
-
A6%s ex Oct 1
—
Waitt ft Bend Inc
4s
3s
A6Vis with Oct
W
4
Range Stnee
January 1,
Bold
28
16
J-D
Park Lexington 1st mtge 3s~.—1964
Pennsylvania Water ft Power 3%s.l964
15% May
12V4 July
Power
1st mtge
Piedmont
Waeo Aircraft Co
Bonds
*12
-
J-J
1967
1961
2004
1963
1971
4%s
England Power 3 Vis
N Y
5%
Ranga
Friday's
*24%
—
1963
to
New
1
5
•r
Bid St Asked
.
.1969
1996
Light 3Vis
McCord Corp deb 4%s
Midland Valley RR—
22% May
19% Mar
with Nov
Milwaukee Gas & Light
Yalspar Corp common
$4 convertible preferred
Bale Prfoo
Isarco
Jan
1%
2%
10
Sep
3
Hydro-Electric Co—
1 1940 coupon__..1961
A 7s ex Nov 1 1947 coupon.—-.1952
Altalian Superpower 6s
1961
Kansas Electric Power 3%s
1966
...»
Last
Period
Lew
8%
Apr
2% Sep
Nov
5%
2,900
35%
2%
10
Insurance
6
«...
_
50o
com
Universal
lafcttat
Exchange
Curb
High
Low
High
5%
6
1
Week'a
Friday
York
New
Range Stnee January 1
I
3
BONDS
Skaree
ef Prises
37
EXCHANGE
DECEMBER
ENDED
fer Week
Range
Bale Friee
Exchange
Curb
WEEK
FOR
(2353)
Week's
Friday
York
CURB
YORK
NEW
New
& FINANCIAL "CHRONICLE
COMMERCIAL
108% 108%
*155
165
98%
99% 100%
0
•
Interest
Last
Week's Rango
or Friday's
Period
Bale Price
Bid A Asked
Friday
102%
New
York
.'
*
,
BONDS
Exchange
Curb
Lew
'
Range Since
Bonds
January 1
'"Sold
High
Low
High
61%
61 '
No.
65%
62%
jCentral States Electric Corp—
A5s
1948
redeemed)
(20%
redeemed)
A5J/2s '20%
J-J
86
89
32
82%
99%
——-1954
Jan 1966
M-S
105%
6
104
106
Debenture 5s
1958
A-O
104%
103% 104%
19
103
105%
Debenture
1969
Af-Q
106%
106% 106%
105%
J-J
A-O
J-J
_
„
107%
1977
Service
Cities
5s
5s
Debenture 3s__.
Consol Gas El Lt
(Bait)
& Pwr
Gen
of
mtge 4s
N
J
Water
Marelli
Lt
&
Elec
104% 104%
*98
Jf-R
103
103
t
96%
103
45
105
*111%
A-O
1954
External
106%
101
111%
~
Grand Trunk
Green
J-J
.
62
7
55%
42%
42%
1
29%
Power
98%
3
97%
103%
65
.'/-T
110
13
24
31
—
*111%
M-S
—
112%
6Vis
series
A6Vis
■
"
38
55
*45
M-S
*101% 103
J-J
J-D
1958
J-J
$58%
1970
ll-Jf
104
104%
35
35%
32
32%
——
*102% 103%
60%
i
C
(Dec
1
1941 coup)
A7s
fAug
1955
J-D
1955
1957
1941
coupon).
A7s
(July
Interstate
1941
coupon)
J F-A
103%
—
t5/4
*12%
24
If-11
A-O
J-D
J-D
—
32V2
—
*41
*41
27
*61
J-J
—
*26%
J-J
14%
9
103%
.
:/
■,
O
5%' (8
v
13
-v
)
■
'
>.
.
»12'
24
31
30
39 %
__
42%
«
22
62
44
44%
27
81
28
.—
25
27
14%
23
13%
40
18
2
21
2
24
32V2
1
1
17%
J-D
M-S
32%
Dar
value
35%
32
35
4
17%
35
J Reported
32%
32%
9
17%
32%
Abbreviations
61%
1952
6%s
65
40
55%
75
A
Bonds
a
65
—
__
--
27
65
2
14
..
__
*22%
2
2
24
2
2
15%
24
3%
.
3%
Deferred delivery
traded
being
flat.
in receivership.
"wi,"
when issued;
deposit; ''cons," consolidated; "cum," cumula¬
"n-v," non-voting stock, vtc, voting trust certificates,
without warrants.
•
•
above—"cod." certificates of
used
tive; "conv," convertible; "M," mortgage;
J-J
.
J-J
-1921
16%
35
__
*
2%
to
Government
4
32
J-J
—
transaction (not included in years range), d Ex-interest,
e odd+ot
transaction (not Uicluded In year's rangel
t Ex-dlstrJbution. 6 Ex-stock div
hExprincipal,
n Under-the-rule transaction
(not Included in years range), r Transaction for cash
(not included in year's range),
xEx-dividend, y Ex-rights, z Ex-liquidating dividend.
tFriday's bid and asked prices; no sales being transacted during current week.
"No
35%
17
6
37
31%
~
(Plan A)
stamped
reduced
A5%S
106%
9
2012
1919
de Janeiro
A Russian
60%
Power Co—
ADebenture escrow ctfs
1947
1947
1931
1972
1997
17%
$35%
1957
1952
A7s series F
.,4 ;
M-N
J-D
2008
Interest
102%
56
—
Rio
61
100%
102%
1950
1963
series E
39%
64%
78
.
stamped (Plan A)
Interest reduced to 2%s
'
A 7s
31
58
68
—
Parana
International Power Sec—
A
,
—
26%
4s
Indianapolis Power & Lt 3Vis
—
M-S
1951
7s stamped
Bank of Bogota—
A7s (issue of May 1927)
A7s (issue of Oct. 1927).
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
46%
98%
98%
3%s
Western Ry
Mountain
75
70
••
to^2%s3(ser°A B C D E)
1961
Guantanamo & Western 6s
34
*69
*68
—
*</\
Finland Residential Mtge Bank—
stamped
J-J
City (Peru) 6%s stamped.1958
Maranhao stamped (Plan A)
Interest reduced to 2Vis
2008
115
61%
Jf-M
May
*12
5s
-
-
AMedellin
1958
1947 coupon
1952
t32%
•
109
Co—
Mfg
5s
U-N
F-A
—
Loan—
Danzig Port & Waterways—
AExternal 6%s stamped
.
100%
J-D
1959
1953
+60%
*60%
Mortgage
1953
Nov 1
~6 "
,
1968
RR 5s
1948
Valley 7s
Municipal
5%s
Cons
ALima
.
A6V2* with Nov 1 1940 coupon__1953
ex
102
,,.97%
..
" :
99
26
A6Vis
ACauca
Danish
88%
78
\
99%
'
98%
A-O
1993
1993
mtge 4s ser B
Eastern Gas & Fuel 3Vis
Ercole
4
173
85
Division—
ser A
A 1st
Elmira
84%
RR—
Delaware Lack ft Western
1st
84%
J-J
City)—
mtge 4%s——_—
Lackawanna
105
J-D
,
1962
(Bait
Gas
91
—
2 %s conv debs
Consolidated
M-S
External
1st ref mtge 3s ser P
1969
„'1st ref mtge 2% s ser Q_._„—1978
lst'rfef 234s series R
1981
,
Agricultural Mortgage Bank (Col) —
A 20-year 7s
April 1948
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
97
81
21
91
84
"w w,"
with warrants; "x w,"
Stock and Bond Averages
Below
listed
the daily
are
closing averages of representative stocks and
the New York Stock Exchange as compiled by Dow,
on
bonds
Jones & Co.
-Bonds-
Stocks
10
30
20
Indus¬
Rail¬
Util¬
trials
roads
ities
32.96
15
Total
10
1
Date—
Second
First
10
Total
Indus¬
Grade
Grade
Util¬
40
Stocks
trials
Rails
Ralls
ities
Bonds
63.40
100.85
100.81
89.75
65
101.54
98.24
Nov.
27.,
172.90
53.06
Nov.
28
171.99
52.47
32.55
62.90
100.84
100.74
Nov.
29
171.20
51.91
32.60
62.58
100.91
100.62
Nov.
30
173.22
53.38
32.91
63.55
100.91
100.55
89.68
101.53
98.17
Dec.
1
173.61
53.19
32.76
63.53
100.78
100.60
89.86
101.56
98.20
Dec.
2
175.00
53.38
.32.85
63.91
100.80
100.79
89.99
101.73
98.33
„
.
_
89.77
■,
101.61
98.24
89.59
101.60
98.18
391
38
THE
(2354)
COMMERCIAL
OTHER
Week's
Range
5%
Sale Price
of Prlees
preferred
vtc
common
Low
Fidelity & Deposit Co
20
26
13 %
High
Jan
16%
32
Jan
38
64
64%
25
64
Dec
80
Jan
50%
52%
42%
1,100
50%
Nov
65 %
Jun
Cities
Jan
Coleman
Jan
Commonwealth
85
82
—2
28%
28%
50c
50c
Sep
23%
Curtis
Nov
161%
Jun
28
v,vv
Fidelity
25
200
100
85
85
85
106
Jan
48
46%
48
42%
42%
30%
Aug
Nov
92
44%
Feb
52%
42
48
&
Jan
45% July
1.15
Dock
Flour
Jun
5s series A
46
1975
45
48%
48
48 %
$17,500
50
4,800
43
Jun
45
Jun
Fox
Last
Range
Jan
77
Par
American
Chemical
Agricultural
Low
*
80
37%
24
36%
Nov
151%
Woolen
*
38%
Anaconda
Copper
50
Boston Edison
Boston
Elevated
4,176
147% Mar
Refrigerator
999
x33%
Nov
57
35%
776
30%
Feb
36%
115
119
5
120%
36%
85
37%
2,813
115
19%
7%
•
19%
prior preferred
cl A 1st pfd stamped
20
343
8%
cl A
7%
1st
200
39%
36%
2%
18%
19%
Nov
63
2%
32
5
5%
6
20
6
6
100
—.100
7
__
*
7
15%
100
"
73
5
Service
6%
69%
Eastern
First
4% May
Salle
100
Libby
McNeil
5%
preferred
Mathieson
Aug
Lindsay
Aug
7
73
400
34
Feb
74
Narragansett
5%
Dec
Feb
64%
64 %
64%
310
60%
Sep
National
New
New
22%
15
Assn
8 % May
4
Stone
A
7%
pfd
4
628
25
31% Mar
28
16
11%
5
6%
Feb
4%
Corp
&
5°b
&
25
50
51
165
50
Dec
64%
*
16%
16%
20
16%
Dec
x21%
2%
2%
200
2%
Nov
5
*
10%
5%
5
5%
27%
10
11%
n%
6%
Aetna
Aluminum
Ball
Allied
Bea:ing
Laboratory
Castings
Allis-Chalmers Mfg Co
American
Tel
Armour &
&
Co
Tel
Asbestos
Mfg Co
Automatic Washer
Avco
com..
Co
common
54
38c
1,800
106
5
5%
i4y4
5i
52
49
51
7%
79
8%
25c
106
Dec
Aug
13
7%
Feb
15%
Nov
2,200
7% Mar
11%
—10
10%
11%
14
14
14
25
44
Bastian-Blessing
Mfg
Co
Bendix Aviation
Co
common
RR
Gas
Lt
—•
15
Brach
&
Sons
Bruce
Co
(E
(E
L)
J)
cpital
com
(new)
Burton-Dixie Corp
Butler
Bros
Carr-Consol
Nov
Packing
85c
Nov
125
Roebuck
rs
&
240
~
4"%
Shellmar Prod Corp
Oil
&
S
Biscuit
W
Convertible
Util
common
common
Spleeel
Lathe
Inc
15
' V
.
*1
common
Apr
65c
Jun
Stone
16%
Sep
Sunbeam
For footro*"«
page 46
100
of
205
34%
3)665
**vnTr
May
48%
Feb
1100
48
Nov
24
Nov
33%
Jun
65
%
Corp
41
Nov
Week's
X20
Feb
6%
Jan
10
May
19%
Oct
Nov
24% May
21% Jan
Nov
22
12%
17%
50
12%
1,100
16%
r%
rtf
8,900
%
27
27
30%
--
33
Range
76 %
10
46
Shares
208
Co
170
20%
3,100
5
10%
10%
5%
11%
350
17
17
100
100
26%
100
151%
800
1%
7%
1%
3%
3%
6%
7
2,400
34%
Union
S
La
130
Range Since January 1
35
150
2,300
1,150
350
High
Air
.
'
■
,
11
Nov
15
Jan
32
Feb
43
Nov
14
13%
14
850
10%
Feb
15
Oct
26
26
26%
550
26
13
13%
600
11%
Feb
34% July
14% July
22%
6%
21%
22%
Feb
32
6%
1,400
200
.15%
6 %
6
Nov
24
24
24%
400
24
Dec
8%
500
45%
Dec
54
7%
3%
Feb
20%
Feb
6% May
9%
Feb
12% May
26% Jun
17
26%
148
7%
Nov
Tool
new
8%
rv 3
6%
8
2%
May
Dec
25
2
100
x37%
Feb
53
13%
400
12%
Nov
16% May
1,780
6 %
6%
Dec
9%
35%
100
27% Mar
36%
11%
1,250
10
Nov
13
29%
500
29
Nov
36%
Jan
Jan
9%
500
9%
Dec
21 %
52%
53%
.200
52%
Feb
66%
20%
23 %
1,250
230
capital (new)—*
38%
40%
1,700
10
10%
10%
100
•
69%
71%
700
23%
24%
23
Anaconda
Copper
Bethlehem
1%
Dec
Nov
4%
Apr
Continental
Feb
7%
Oct
800
7%
1,050
9% Mar
13%
San
Nov
*
General
Electric
General
Public
Oct
13% May
23%
150
13% Mar
700
10
Feb
18% May
11% Jan
10%
10%
150
10-
Nov
14
Jan
14%
14
14%
200
12% July
16%
Oct
2%
7 7a
common
Ry
33%
10%
200
9%
Apr
13%
400
45%
Feb
66% July
New
46
Nov
62
North
46
50
22
250
21
Nov
34
Jun
16%
150
16
Sep
18%
9%
800
9
Nov
15%
Jun
9
3
3
10%
10%
1/256 1/256
9%
64%
9%
64%
100
3
Nov
6
700
8%
Feb
12
7,700
1/256
Nov
York
200
1.900
6%
Oct
700
12%
Feb
16"% May
1,100
30%
Feb
41
500
23%
Nov
32% May
92% Mar
118% Aug
33%
34%
23%
25
—
32%
33%
400
(The)
2,900
9%
Nov
50
64%
Jun
Paramount
Jan
PeDsl-Cola
Pullman
&
Nov
14% May
66
Nov
on
Radio
30%
Feb
39%
Oct
13%
200
12%
NOV
18%
Jun
12%
400
12%
Nov
10%
11
•
*
11
7%
5
800
4%
37
11
38%
11
11%
3
—
15
capital
Feb
6%
3
5%
5%
15
—•
Co
12%
10
•
Airways Corp
Inc
2%
new
com
Co
Co
1
21
500
31% Mar
42% May
11
Nov
3
Nov
14% July
5% Jan
4%
Feb
300
13%
400
Radio-Keith-Orpheum
common—
:
!
Feb
Jun
18% July
16%
Jan
4%
1,500
4%
Feb
5% Mav
300
8%
Nov
11% May
18% Mar
26% Mav
21
21%
300
8%
1,200
——.
——
29
30%
400
*
11%
13%
3,600
7%
600
1
12%
14% Mar
6% May
21%
.8%
•
common
America
—•
14% Mar
8%
7%
*
(The)
Jun
4%
—
33%
of
12% July
10% July
200
200
—
10%
1.000
15
—
Feb
Jan
5% Mar
—
1
4
10%
1,100
7%
7%
400
19% May
14% Jun
7%
7%
*
Corp
Inc
Corp
Jun
Mav
13%
Radio.._—1
Corp
Pictures
4% May
9%
12%
1
Packard Motor Car
Amer
2% Mar
1
Co
Central RR
American
Nov
32
Jun
25
Co
—
Utilitv
Nash-Kelvinator
Pan
33 '/a
2%
Apr
Apr
Dec
7%
15
——
•
new
2%
6%
14%
Nov
Sep
100
Graham-Paige Motors
Laclede
Gas
Light
56 %
Oct
18% May
86% Oct
500
com.._*
*
Jan
15 %
43
Nov
10 Ve
10
Television
36%
Nov
Nov
Mar
14 »/2
*—50
System Inc
20%
Nov
31
Jan
Jan
1
St
& Santa Fe.:
Motors
Farnsworth
16%
~g%
Gas
Mar
46
in'A
&
Curtiss-Wright
1,100
37
48
*
Products
3
1,200
68
Jun
Nov
Mar
10
2
Mining
Pacific
4%
7%
14%
37%
9%
y
Sep
14
•
common.:
Corp
Steel
Canadian
Certain-teed
21
1
Steel
Atchison Topeka
Jun
14
44
Jan
July
10%
common. ——_—*
capital——
Radiator
Nov
40
6%
9%
53%
44%
Air Lines Inc
Columbia
Jun
Jun
29
•
;
3%
Stocks—
26%
15
2% Mar
11%
22
Corp
common.
Mach
158%
34
Mav
800
40%
1
Inc
Indust
Nov
Aug
14
3
38%
44
St
Inc
American
Armco
7% Mar
Jun
Jan
Aug
35%
IIV2
common
Bankshares
May
2% May
30
8%
29
13%
40%
*
com
—
Salle
Lines
Mar
Dec
Mar
•
1
Alleghany Corp
56
-
July
Jan
100
700
1
1_,
common
American
10 %
~q
35
30
11%
■■
5
common
Corp common
Carbide & Carb
Steel
Unlisted
13%
22
Oct
Jan
39%
25
common
(The)
South
Yates-Amer
33%
551/.
May
112
31
11%
2
capital
(The).
T't»ne Co
Woodall
Low
18
~~
Nov
Nov
5
capital
1
Corp
Mach
Wisconsin
High
20%
_*
27
38%
n%
Dec
for Week
of Prices
14%
Nov
May
800
Sales
7%
Dec
10
2,500
12%
*r
Co capital stock
;
:
25
International Co Ltd ctfs of dep.
Texas
U
July
Works
Ind
Container
18 % July
$10,000
14
15
Jan
Jan
1
common
common
Sundstrand
76%
~nVo
24%
Feb
7% Mar
16%
1
capital
'*•
Feb
11% Mar
Jan
"1
Z"Z*
8%
21
May
49%
64% May
19%
12%
—.10
i
20c
15%
/4
preferred.—
15
8%
20%
30
4"
37%
17%
Dredging common—:—20
Standard Oil
13 %
Nov
50c
2,600
„
Corp
Bend
Standard
Jan
Feb
—1——10
250
8%
8%
Feb
Jan
22% May
6% Dec
13%
2%
22'%
'
Oct
15
Apr
32% Mar
50
Corp class B common.—.
45
159
Co
Apr
38%
10
50
—10
rights
common
South
553
___5
32%
Jan
Jan
12%
Aug
Nov
Jan
9
Feb
40
48%
300
8%
21
*
115
—,12%
common—:
Rights w i
Chicago Corp
_
22
40
56%
'
__—5
25
Coke
8%
•
'350
"1
"1
44%
22
1
capital
&
Society Brand Clothes
24%
5
~
!
100
25
■
32%
Signode Steel Strap common
40%
_Iio
.
Berghoff Brewing Corp__
Blnks Mfg Co
capital
Borg (George W1 Corp
Borg-Warner Corp common
12%
1
preferred.
Jun
13Vz
•
common
16
600
55%
...—
St
May
14%
24
p/a
Jun
5%
vtc_.
•
13i/4
~ 67a
74%
29% May
9%
common
24"%
3
Jan
Mar
100
Electric Switch class A
95
343/4
5i%
7%
Jan
500
96
1,000
8%
j5
26%
Apr
21 %
3,250
Nov
3,666
81%
25c
151
10%
Dec
6
Jan
49
*
Oct
Nov
12
common
Standard
Pennsylvania
Swift
73/4
8%
10
6
1
131%
1—3
l,mo
5%
5
12%
145/3
151%
40%
11%
1
+—
Nov
8%
133/,
5
19%
Dec
10
Products—
Serrick
58% May
62% Apr
49% Jun
1
common
Manufacturing Corp
Belden
Cent
.
7% May
Jan
Nov
Apr
25c
100
.
8%
Feb
12%
38
44%
common
*
Chemical Co preferred—_—*
Stewart-Warner
*
capital.
common
20
22%
Jun
7% Mar
»
6
200
900
54c
Nov
_♦
Jun
11% July
350
21%
July
2%
5
common
common
34%
Jan
23%
w—
Oct
45%
Sep
8%
51%
•
1
Low
Jan
26%
400
14
38
8%
•
100
46
8%
22%
Nov
Last
Advanced
6%
13%
38
July
Dec
48%
Spa
1%
Par
23% Mar
5
•
Oct
14%
7$%
42
Feb
•
Jun
1%
—
800
common
13%
25c
38%
16% May
Nov
19%
1,200
3,050
Feb
28
300
26%
9%
Jan
Jan
May
common
44%
Feb
__
Sep
100
Sep
242
343/3
Jun
20
17
7%
Feb
343%
-
16
350
10
3%
__
200
20%
7
Louis Nat Stockyards capital
Schwitzer Cummings capital
16%
14%
12
Dec
1
Feb
700
,
9 % Mar
16%
500
30%
20
1
common
28%
300
4%
11%
29%
———_*
25
2,890
__
'
20%
<
5
36%
71
6%
1
Jan
11% May
•
Feb
Sale Price
common
May
18% May
Jan
common.*
new
31%
15'%
106
Friday
Corp
13
21
9
common
10
1
Admirai
Nov
100
Sep
Sep
17%
——10
Feb
8%
16% July
14% Dec
1,400
10
61
25c
80
17
Chicago Stock Exchange
—
28.
Sep
38% May
1.000
Mfg
Peonies
United
Co
150
13
10
Westlnghouse Electric & Mfg com—12 %
Steel
400
Feb
17
•
Co
Hart Inc
Wieboldt Stores
Acme
Oct
7%
10
Rath
6%
STOCKS—
May
65%
9%
Corp capital
orior
Penn
Oct
16%
1947
7%
50% Mar
800
9
9
100
Manufacturing common
Ontario Mfg Co common—
Peabody Coal Co common
Oct
BONDS—
Boston Terminal 3%s
Nov
10
Oak
Mar
__*
Waldorf System Inc
Westlnghouse Electric
Oct
5%
1,500
33
32%
14%
'
16%
com
Montgomery Ward & Co
39% Mav
Fdb
6%
10
9%
1
—•
17%
25
57%
9%
46
700
Jan
12%
com
Co-
56%
32%
100
100
6
10
prior preferred
$1
59% July
42% May
60%
8
„
♦
—
8hoe Machinery
US Rubber
1,348
V
Aug
Nov
28c
•
United Fruit Co
58% May
19% Jan
15%
6
■py*-'<»
Sinclair
•
Dec
15%
1
26%
49 % Mar
12%
8%
100
Torrington Co
United
19
190
25c
80
•
Jan
1
Northwest Bancorp common
3% Sep
42% Feb
9%
8%
2.50
—
19 %
1,050
Oct
75
—10
Inc
Nov
14%
26%
25
Association
7%
Jun
„50
i
Co.J———
Webster
550
-
14%
25c
-100
1
Jan
3,750
46
t
10
457
9%
__
-2 *0
—
9%
8%
7%
14%
common
5q7/b
x36%
100
Folding Machine
Dec
14%
National
14%
61
__
20
(N H)
Apr
16% May
8ep
6%
•
Oct
11%
__
100
-
13
50
95
Sep
17% Aug
543^
__
1
Hartford
74'/8
14%
1
Pennsylvania RR
Shawmut
54%
__
100
Mining—
Rexall Drug
Rutland RR
20
53%
.25
Quincy Mining Co
Reece
65
33%
Cos—
N Y New Haven &
Northern RR
22%
38%
5
Service
Butte
40
31%
England Electric
System
England Tel & Tel
North
83
19%
*
Racing
Jun
common..
Food
West
Miller
79% May
36%
Nash-Kelvinator
12
3
Ex-distribution
Sep
31%
33%
Corp
9%
100
17%
common
Chem
&
Field
Mickelberry's
Jun
45
Lt
Marshall
12% Aug
264
„
——100
Chemical
Jan
Jun
110
Aug
18
1;——*
—
3%
Feb
250
17%
cap
Tool
Libby
10
Dec
83
&
10
Feb
54
common
Nov
6%
17%
common
new
preferred
11
5%
•
RR
13
46
6
-•
common
Sep
13%
38%
Copr^r-
Central
Univ
Feb
42 %
__
Maine
Ext
Lincoln Printing Co
160
*
—
Kenneoott
10
———*
common-..
51% Aug
Feb
16%
•
Loew's Boston Theatre
8%
1
Leath & Co common
Mar
5%
•
Gillette Safety Razor Co___
Isle Royale Copper
%
82
Oct
40%
„
—100
Stores
2
20
Jun
Jan
May
1
Pneumatic
Switchboard
Monroe
Electric
29% Mar
800
9%
6%
46
10
common
Harvester
Modine
Steamship Lines Inc
National
General
2%
13
6%
1
capital
International
64'%
100
—100
pfd adjustment——
13
—*
Products
__
„
a00
1st preferred series A
preferred B
5%
Co
Oct
Eastern Massachusetts Street Rv—
6%
7%
200
97
9%
1
common
Indiana Steel
28
5% Mar
6
Calumet & Hecla.
2%
94
5
common—i
Brick
Middle
Cities
Corp
Illinois Central RR
Nov
190
6
100
Boston Personal Prop Trust
Boston & Providence RR
Jun
"2%
5
common
Dk
&
Independent
21%
Sep
300
'5
—100
pfd stamped
Jan
40
1%
common..
Jun
127%
Dec
6
5
1st pfd stamped
cl D 1st pfd stamped
Jun
10%
—
5
common
Jun
135
Mar
41
100
>.—
cl C
10%
20
2%
100
—
5%
19%
__
100
,
Razor
Dr
Cumulative
stamped
Co
43% May
Nov
115
Illinois
July
La
Common
6%
Dec
10
common
(W H)
Werner
Kellogg
100
Boston Herald Traveler Corp
Boston & Maine RR—
May
20
400
32%
39
Jun
40%
,
Stamped
Safety
Hupp Corp
Oct
158%
38%
115
120%
25
Railway—
Inc.
Auto
Hibb Spencer Bartlett common...
Horder's Inc common.
Jun
39%
x33%
__
100
150% 151%
52%
x33%
__
100
—
America
Brewing common
Transp common..
Candy class A
Lakes
Hein
High
Nov
37%
American
Albany RR
Low
38%
100
h
High
37%
100
Boston
6
6
8
6
7%
"
—*
Hammond Instrument Co
Heileman (G)
Brew Co
Range Since January 1
377/e
Refining
Tel
pfd
Shares
„
Sugar
Tel
Bigelow-Sanford Carpet 6%
Great
__
American
American
&
29 %
30%
1
Amer
Gossard Co
fer Week
of Prices
Aug
July
600
Sales
Sale Price
STOCKS—
63%
23
25
.
•
General Finance Corp common
General Motors Corp common
Jan
68
Exchange
Week's
Feb
100
4,100
Dredge
(Peter)
GilWte
Friday
class A
(The)
Drive
Goldblatt Bros
Boston Stock
32
26%
25%
5
common
of
40%
26%
25%
Jun
Gibson
/
Co.
42%
.10
corp
Connell
Apr
25%
5
25
common
2%
Corp
Mills
General
1975
4s
Co
Inc
Edison
&
Four-Wheel
July
BONDS—
Transit
lu
common
Co
Credit
Paper
Simons
General
Baltimore
-2%
Lighting
Eddy
Oct
45c
585
42%
Feb
85
5
.00
'v
Guaranty—
&
(The l
i^inestic
July
Jan
105
169
.20
8
Co
Jan
23
26
25c
rvkvuiwv
Service
5
Apr
138
common.
Chrysler Corp (new)
Fitz
U
Co
Mar
105
High
260
*
Towel
2
26
Low
38
12
105
100
Range Since January 1
High
38
Dod 'e
Mig Corp common
Doehler-Jarvis Corp
6.75%
Low
*
140
25
Shares
Cnicago
Range Since January 1
150
155 % 158
for Week
of Prices
Par
200
3.25
16
Sales
Range
Sale Price
Chicago Electric Mfg class A pfd
Low
14
3.25
16
Week's
Last
Vernon-Woodberry Mills—
Mount
3
Friday
High
13%
*
100
vtc__
DECEMBER
stocks—
Shares
*
Transit Co
1st
EXCHANGES
ENDED
for Week
Par
Baltimore
WEEK
Monday, December 6, 1948
Sales
Last
Arundel Corporation
FOR
CHRONICLE
Exchange
Frldajr
stocks-
FINANCIAL
STOCK
RANGE
Baltimore Stock
&
12%
7
7
7%
Nov
42% July
x25% Feb
23%
Jan
45
Jun
42
May
Jun
8
Feb
15
6"%
Oct
11% May
olume
&
COMMERCIAL
THE
Number 4757
168
OTHER STOCK
RANGE
Week's
Range
Friday
Low
Par
Republic
Steel
»
Corp
EXCHANGES
ENDED
DECEMBER
1
3
for Week
of Prices
Range Since January 1
High
Low
High
23
Feb
33%
Nov
7 %
July
1,100
5%
WATLING, LERCHEN & CO.
Oct
5
600
26%
25%
26%
common.
Shares
Rexall Drug Inc
-2%
5
Schenley Distillers Corp
Socony Vacuum Oil Co Inc__.
-1%
29
29
100
26%
Sep
16%
17
2,900
14%
Feo
23
Jun
Standard
—25
71%
72%
69%
Feb
91
Jun
Oil of
15
N J
16%
300
Members
32% July
New York Stock
New York Curb
Exchange
8teel
11%
Spring
Oil
1
United
Corp
Wilson
& Co
Corp
;
15% May
Feb
800
11 %
900
9%
Feb
2%
17,300
2%
Feb
3% May
10%
11%
400
10%
Nov
17% May
__
Friday
Week's
Range
for Week
of Prices
Detroit Stock Exchange
Sales
Last
Shares
Sale Priee
WOodward 2-5525
Telephone:
Cincinnati Stock Exchange
STOCKS—
DETROIT
Building
15% May
2%
__
•
common
Ford
Jun
29
16 % Mar
21%
11%
11 %
1
Sunray
20%
2%
Studebaker Corp common..
Week's
Sales
Last
Range
for Week
Bale Price
of Prices
Shares
Friday
Range Since January 1
"
American
Laundry
High
25%
20
Mach
Balcrank
Burger
Low
Par
-
..
25%
85
Advertising
Cincinnati
Gas
*
._•
24
:
_
—
Prod—_
.
-
.
Low
.
25'A
High
4% May
.3%
128
3
Dec
16
1C0
-16
Nov
23
Apr
74
18
Feb
26%
Nov
5%
5%
6
O/2
4V2
5
50
11
Oct
4%
*'
5
Nov
May
6% May
Feb
29'/a
Jun
May
8%
Jan
Prod
Metal
Baldwin
Rubber
Manufacturing
Briggs
—III
Brown-McLaren common
29%
Feb
2%
Jan
Dec
26%, Jun
NOV
11
"165
11
1
2%
300
320
8%
29%
—
11%
8%
2
corn-
new
common
High
Low
2%
2%
1
Electric common
Allen
American
1
Range Since January
High
Low
Par
Jan
32%
Dec
STOCKS—
24
'■
—
Cincinnati
■
16
3
■
:
■
23%
l
Brewing
Champion Paper & Fibre
Churngold Corp
Exchange
Chicago Stock Exchange
Detroit Stock Exchange
Standard
39
Sales
Last
Sale Frice
STOCKS—
WEEK
FOR
(2355)
FINANCIAL CHRONICLE
10 %
8%
Apr
140
29
Feb
36'A Jun1
1
1
300
1
Dec
1% May
17% Jun
26%
27%
62
25
5%
5%
216
Cine & Sub
50
Elec
&
common
Bell Tel
Crosley Motors
Crystal
17
Gibson
46
.
17
80
Jun
18 %
July
Jan
10%
Apr
18%
115
23 %
46
*
Art
18%
23
23
Formica- Insulation
30
17,
18 %
10
81
Mar
6%
10
7
7
«
*
Tissue
Eagle-Picher
73
507
76
75
75
5"
Jan
Nov
25% May
19%
Apr
24%
Jun
45
Nov
58
Jan
50
Burroughs Adding Machine corn-
33%
13%
14
350
12 3/4
Feb
Consumer's Power Co common
23
8.50
Cincinnati Street
31%
31%
31%
331
31%
Dec
343/8
Jan
7%
420
6% Mar
10%
Jun
10%
Jun
Continental Motors
Davidson
Rights
Detroit
Kahn
(E)
common
Sons
19%
_*
13%
42%
Procter
U
S
Gamble
&
Printing
16%
Feb
40"%
Feb
48%
Oct
64
®
—_
64%
667
82 %
Feb
71%
Jan
40
100
40
Jan
49%
9% Nov
7% Nov
5
Allied
?
Stocks—
Stores
27%
Rolling Mill____
American
Tel
&
253/a.
10.
107
37 % May
Jan
23%
315
150 3/4 1513/s
151%
100
Tel
27
98
28%
23%
—
American
City
25
Ohio
&
Ice
Columbia
Fuel
_
Nov
32%
Nov
158%
Jun
•
Mar
148
Fed
Gar
Cash
New
Ohio
General
Jan
Jun
Hoskins
10%
Feb
14%
Jun
20
4%
Feb
12 Va July
27 y8
103/a
UVh
7%
7%
31%
25%
25%
265
21 Va
27 Va
38
•
453/a
Dec
243/4
Feb
31% July
21
Feb
31% May
Oil
Pure
Mar
42%
Jun
50% Mar
65%
36%
20
34% Mar
46% May
13%
60
12%* Feb
18%
Sep
Jun
31'A
54
27%
Feb
42%
16%
17%
—50
17%
300
16%
Feb
22% May
7%
33 %c
98
30%
23 %
7% Nov
25% Feb
67
8
29%
30%
Timken
U
S
Jan
41% May
Feb
15
Jan
,14% Feb
23
Jun
7%
LaSalle
Wines
21%
Nov
29
71%
72%
49
69%
Feb
92%
Jun
River
94
9S
24
Nov
35%
Jun
Dec
40%
40%
70%
195
lt»d
72
50
24%
67% Mar
54% May
87% Oct
24%
22
40%
69%
24'/a
Week's
Range
33
•
Dec
Jun
193/4
193/4.
212
193/4
Dec
23%
Jan
13%
13 %
425
13
Nov
15%
Jun
123A
13%
775
12 3/4
Dec
22'A
Jun
8%
615
*
$4.50 preferred
15%
•
—100
_.
Natural
Mfg new common
Electric Controller
a39% a39%
__
—*
General Motors common
Goodyear Tire & Rubber common
Stores
Gray Drug
Preferred
Greif
1
Brps
common—...
24%
2
1
1%
common
—
.,
___
;
Brewing
3%
13%
10%
10%
302
Jan
Oct
13%
13%
700
2%
2%
Oct
1
23/4
J2%
200
23A
Nov
3%
Jan
17%
18-%
360
17%
Dec
23%
Jun
5%
-5%
686
5%
Feb
7%
Apr
9%
9%
260
9%
Nov
6%
6%
10%
300
10%
"
1
Barker
Bros
Feb
20%
Feb
25
Aug
Bendix
42
Nov
53
Jun
Blue
Nov
10% May
6%
43
66
,
May
Nov
—
Consol
—10
Oct
22
Mar
33
Jun
75
Jan
80
May
11
Dec
14%
Feb
20
25
Mar
40% Mar
39
Feb
48
.
56
Jan
Jan
Farmers &
31%
32%
82
Farnsworth
36%
37
U 8
8teel common
Van
Dorn
Iron
(Un)
:—1
Works
White
Motor
World
Publishing
__'
;
Youngstown Sheet & Tube
'
42
29
July
Jan
Garrett
Nov
2%
Feb
5
May
Goodyear Tire & Rubber Co
12%
Feb
18% July
83355
Jan
General
Holly
Jun
Hudson
23%
84
23% May
16 Va Feb
27
Jan
Hunts
23%
a 16%
26
123/4
123/4
140
7%
Feb
15
Jun
26%
26%
175
22%
Feb
333A
Oct
413A
449
41
Feb
47
24%
1,774
23%
Nov
35
Jun
41
24%
24%
.
Hupp
Corp
a69% a71%
10
10
10
a
15%
15
a
15%
15
a69% a72%
10.
216
265
15
25
185
39%
Feb
67% Mar
7
143/4
Mar
Nov
59% May
87%
12
Oct
May
common
common
243/4 May
Corp
Co
Co
Lockheed Aircraft Corp
Lincoln Petroleum
15
Dec
21
Apr
Masoot
65%
Feb
89%
Nov
Menasco
Oil
Nov
13%
Jan
9%
10
2,505
9%
15
Jan
26
Dec
Feb
28
Feb
a25% a25%
Co
Manufacturing
Co
—16
*
50
a35
a35
20
28%
29
640
20% Mar
1
13
14
375
13
a50% a52%
5
5%
520
52% Nov
a35
*52%
5%
5
1,050
Dec
Dec
17%
II50C
1
100
1
2
10
,__10c
1
5
-1
10c
1
1
1
17%
135
12% Mar
18%
18'/a
210
16
9%
Feb
9y« Nov
456
20
Mar
8
Aug
84% July
38%
Jun
31%
Jan
20% May
65% Jun
6%
22%
Sep
Oct
22% Oct
12%
Jan
9%
9%
48
48
120
48
Dec
61
Mar
20%
19%
20%
790
19%
Nov
80%
Jun
13%
13%
226
12% NOV
14%
Jan
60c
60c
60c
60c
3,850
295
30
300
300
6%
5%
6%
1,97-2
57%
5%
10
Feb
Feb
Nov
Jan
65c
820
Jan
Mar
11%
Jun
15%
Jun
11
1,475
57%
41%
1,021
51
Mar
65% Nov
260
39
Mar
48%
Oct
93A
4
12%
57%
41%
common—•
1
__—
County Land Co
Lane-Wells
13
Nov
5
Jade Oil Co
Kern
Dec
Feb
Independent Exploration Co____—33 %c
Intercoast Petroleum Corp
10c
Kaiser-Frazer
a45% a45%
•
(The)
Corp
Inc
18%
6%
9%
600
14 V*
Jan
3%
4
2,970
9% Nov
1.55
Jan
5% Aug
al3%
al23/4 al3%
225
13
Kpv
22%
all%
all% all%
255
12
Sep
18% Mar
3% Aug
4% May
Oct
17% Jun
50
a2%
10%
a2 %
93/4
10%
445
1.05
Apr
41
22 % May
Foods
3,931
Feb
6 V*
1
Jun
43
Jan
10%
Jun
55
*
6.66%
34%
Feb
77%
800
Motor Car Co
Feb
26%
a 16%
—i*'
Motors
Feb
1,800
Development Co
27%
170
,
*
1
*
Corporation
Hilton Hotels Corp
55
a31 Va a31%
f
& Radio Corp
Sep
Feb
20%
a28% a28%
*
•
Tele
35
33%
6
24 Va
52 %c
7%
4
Merchants Natl Bk
60
_
50
—
Ltd class A
Co
Jun
900
7%
*
—
Products Corp—
Oil
28%
7%
1
Inc
Co
Industries, Inc.
Exeter
9%
a20 % a21%
Feb
7%
•
America
of
Aircraft
Douglas
7%
21%
al2
_
—20
Creameries
4% Sep
90
18%
18%
Iron common-
Preferred
Jun
High
1,100
4%
7
.2.50
Corp
Multiplier Corp
&
mm—
...
Chrysler
Clary
Low
4%
52 %c 52 %c
4%
9%
Corp.
Central
110
Range Sine* January 1
High
17%
California
Jan
of Prices
Low
Shares
1
Packing
Corp
cornInvestment Corp
Certain-teed Products Corp
50%
17
Apr
al3
Sep
al0%
Byron Jackson Co
22%
;
2% May
2% Jan
7%
-33%
Broadway Dept Store
Nov
a31%
Sep
2
Inc__
Corp.—
Oil
Chica
Bolsa
l
__200
Appliances
Home
Diamond
Oct
20
4
1%
1
Basin Oil Co
13%
150
3%'
7%
Feb
500
Bale Price
common-,.
Barnhart-Morrow
33% Dec
92% Nov
38% Mar
42%
al3
Nov
1%
1%
Angeles Slock Exchange
Petroleum Company-
Bandini
100
'
6
1%
Jan
9%
—
6% July
Jan
14
1%
Apr
22%
—...
Jan
12
900
1,000
6
51
42%
C.
Feb
1%.
Par
10
a20% a20%
Apr
10%
1%
6
34%
21%
32%
6
100
Nov
104
12
12
16% Oct
3% May
1%
6
-1
1
STOCKS—
150
75
Feb
Feb
8%
12
100
Nov
Apr
637
11%
34%
2%
37%
a42% a42%
5
1
*
87/b
22%
78
11
Nov
Oct
14
75
6
42%
45
29%
29%
100
81%
47
29%
Jan
6%
Feb
200
14
5% May
6%
Sep
a40% a40%
14
Feb
4%
33%
34%
9%
Thompson Products Inc common
Jan
Sep
Nov
73%
-*
♦
10
May
17
13
May
25
360
18
1
McKee (A G) class B
1
*
Medusa Portland Cement
*
National Acme
————1
National Tile & Mfg
1
N Y Central RR (Un)__
*
*.
Jan
5
Sales
50% Mar
(Un)
Bros
2
Jan
405
Jun
Richman
6
33/a
for Week
15 y4
Standard Oil of Ohio common
Dec
1V« July
620
Range
252
•
•
—-—.——*
Jan
27/a May
2% May
4%
25
Week's
Peb
_—
Jan
33/b
.
25%
43/8
4%
25%
Last
10
Sargent
13%
500
Friday
227
Pennsylvania RR (Un)__
Radio Corp of America (Un)—1
Republic Steel (Un)
400
Oct
13
Patterson
3%
18
12%
—
2,245
v
Feb
10
(Nn)
3
1%
12%
57%
a
.
common
Los
Electrical
Oil
37%
1
Jun
May
Ohio
Aug
100
1%
3
1%
Jan
31% Mar
8
*
»
750
1%
1%
Jun
15
common
Dec
45%
Nov
Edison
1%
1%
33
11%
Ohio
800
Dec
100
L
1%
Sep
3
1
1
4
1
Products com
Wayne Screw
12
G
Mar
2%
435
1
common
Aircraft
July
Martin
33
,110
^
Nov
131
*
•1%
3
—5
1
Distributors
Shirt
36
A
2%
1
—
—
Radiator
Jan
Trans
1%
35%
26 %
a36% a37%
a56%
S
31%
Lime &
Dec
5
Corporation
135
Island
1%
1%
*
Investment
34%
12 *'■;
Lamson & Sessions
770
4% May"
1% May
10
1
Die.-
&
Tool
Dresser
Kelley
Nov
31%
25
a6%
50
(Un)—i
Interlake Steamship
2%
35%
*
Paper—
Colorado Fuel
l—_-
230
522
23%
a43% a45
,
Rayon
100
23/4
1%
,__—50c
10
a
Jun
158%
16%
a6%
—-_100
100
—
Preferred
Industrial
Feb
147% Mar
92%
23%
Cooperage class A
Bros
Halle
___
Towing—
Lakes
Great
Jun
16%
Nov
•
10
(Un)
(Un)
Jan
19
High
3%
Jun
3
Dec
92%
-
Range Since January 1
32%
a33%
1
Firestone Tire & Rubber (Un)____—25
Gabriel Co (Un)
^
1
General Electric common
15
Feb
23A
35%
Jan
Dec
8
163A
3
Tube class B com
Superior
Warner
80
a 33%
Rubber
Faultless
Nov
12 3/4
18
a23%a23%
—___—.—2
Eaton
8
50
16%
74%
78
:
% a38 %
74%
Cleveland Graphite Bronze
Consolidated
225
590
'
a38
(Un)_—
1
Gas(Un)__—15
'
69
5,177
33
15%
•
Cleveland Electric Ulumin com
"8%
1
Manufacturing
Sheller
United
Low
a26% a26%
__
J
;
Nov
2%
common
—,
Raisin
Standard
U
100
3%
33
*
Ice & Fuel.
,
Cleveland Cliffs Iron common.
City
6%
5%
4
common
Davis
Parke
Union
Sales
19
19
al503A al51%
__
al51
25
Chesapeake & Ohio.
Jan
Mar
600
common—
Corp
Murray
Udylite
High
Low
3%
50c
5
100
,
for Week
Share#
of Prices
Bale Price
(Un)
8%
300
Scotten-Dillon
40%
Par
& Body
Sep
Jun
Last
Mfg
4%
Oct
3%
Abrasive'—_
6
Friday
Tel & Tel
65%
53/a
McClanahan Oil
20%
Cleveland Stock Exchange
Brass
Sep
Feb
3
McAleer Mfg common.
Mid-West
Jan
8
6
52%
"3%
1
1
1
10
Products
Screw
Masco
Oct
19%
100
1
10
—__—2%
—
Lansing Stamping
Tivoli
American
0
Jan
9% May
1
1
(SS).
125
•
American Coach
18
0
—
Timken-Detroit Axle
Akron
18
6
23%
Feb
Aug
17
103
18
Feb
5%
2,560
_____
Co
218
71%
STOCKS—
18
325
4%
5%
Drug
Kresge
13
12.50
Electric
255
5%
5%
Dec
1% May
Dec
1
57%
King-Seeley
Kingston Products common.;
16%
_•
B
R
Steel
Westingnouse
21%
21%
1
11%
—,_10
(Ohio)
Oil
Standard
65c
May
43A
Kaiser-Frazer
20'A
25
(N J)
Standard Oil
800
80c
Feb
12
56%
Car common
Motor
Hudson
16%
__♦
Brands
Dec
"4%
Packard Motor Car common—
Standard
6%
503
Corp
Bearing
12%
15
Oil-
Vacuum
100
65c
10
Manufacturing.
16%
Corp
Socony
6%
6%
May
4'A
Oct
31%
_.
_____
32
165
13
„—
135
577/a
36%
Register
38'A
56%
Oil
Radio
37%
38%
Feb
Jun
831
2%
1
common
Hoover Ball &
65%
32%
13,625
__*
common
Gerity-Michigan
Goebel Brewing
Feb
4%
1
Motors
Paige
275
3%
6~5c
22%
19 %
1
Industries
Nov
26%
10
Pennsylvania RR
Pepsi-Cola
* ;
1
—
Manufacturing class B
32%
10%
Central
York
24
26%
27
Electric
Motors
National
26
Feb
22%
"4%
1
—
—
common
Wood
Kinsel
General
22% Mar
10
*
Department Stores
General
10% Mar
170
81
473
__1
7
Light
&
Power
410
42%
33 Va
42%
•
I
Curtiss-Wright
Dayton
;■ 31%
42'A
*
L,__.
,_
Gas
31%
lo
&
Service
Cities
10%
24%
Fruehauf Trailer common
Graham
Chesapeake
10%
24%
General Finance
.
--fe Nov
13% July
1
10
Motor Truck
Gemmer
Enlisted
21% Jun
Products..
Steel
Ale
Friars
Nov
1
Electromaster
Federal
A
Stove
Michigan
Detroit Steel Corp
Apr
7%
7%
8
—
Mar
40
64%
*
common.
Western Bank
13
53
43%
common—t_j„
21
25
13%
Kroger
July
16% May
90
20%
—_10
*
Mfg Co
Nov
20 % Mar
.6,248
60,942
20%
32
I
5%
19/64
20%
20%
700
6
5%
Bros
Edison
Detroit
Detroit
Hobart
7"%'
—
1.15
1,012
20c
20c
1,700
8
8%
1,874
40%
40%
41
1,444
25
25%
350
1.20
1.20
1.25
1,310
8%
al6% al6%
10
95c
95c
400
1%
1%
600
-
8%
97%c Feb
1.70 Jun
84c
Feb
NOV
15
Jan
Nov
51
Apr
SO
Apr
14C
Nov
8
40 V*
Jun
20% Jan
1.10 Mar
1.60 July
14%
Jan
24% Jun
90c
Jan
1.30 Apr
Jan
8% Mar
1%
40
(2356)
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
Shares
rridar
Par
Merchants
Petroleum
National City Lines Inc
Nordon Corporation Ltd
Northrop
Aircraft
Oil
6%
1st
preferred
5% 1st preferred
Pacific Indemnity Co
Pacific Lighting Corp common
Pacific Western Oil Corp
.
15c
18c
2,200
10%
10%
325
33c
33c
1,000
2.80
2.70
2.85
5,500
30
30
30
1,716
30
33%
33%
129
33
26%
26%
500
26%
10
Puget Sound Pulp k Timber Co
Reserve
Rexall
Rheem
Rice
Oil
k
Con
Gas
Oil
Ranch
Oil
*
Seaboard
Finance
Roebuck
Sears
k Co
Sierra
Trading
Sinclair
Oil
4.48%
cumulative
Co
California
Oil
Gas
$1.25
6%
Union
Oil
United
of
5%
867
3%
Sep
5
465
5
32
Nov
62
80c
800
26
3,859
20
Jun
7% May
21% Nov
Nov
15%
6%
Nov
60c
Jun
Jan
1.30 May
49
7
Mar
5
17%
220
17%
NOV
20% May
17%
1,699
15%
Apr
20%
Jun
42%
Nov
4% Feb
800
487
32%
100
48
37%
46
230
10c
30
28%
Feb
52% May
44% Jun
9c
Oct
22c
4,000
161 167%
122
Feb
27c
30c
3,300
21
22%
3,640
15 Va
28%
29%
2,196
25
27%" 27%
28c
850
26
236
22%
29
cl
25c
215
55c
Sep
Feb
32%
May
Oct
Steel
24% May
22% Jan
28%
25%
Nov
33%
33%
292
32 %
Feb
34%
49%
49%
572
44%
Feb
65%
3,084
65
Jan
72%
11%
11%
11%
1,888
19 %
19%
660
11%
11%
10%
10%:
9%
*
11%
15
200
15
150
10%
9%
2,479
110
29 %
28%
29%
2,914
•
70%
69%
70%
1,074
36
36 %
500
5%,
5%
550
2%
2%
100
10
1
;
Mng Co
Black Mammoth Cons Mng Co
Cons Chollar C & S Mng Co
Zenda Gold Mining Co—
Unlisted
9%
Feb
15% May
23% Oct
19% Mar
11 %
Jun
Nov
20% Mav
15
Nov
17
Sep
10%
Nov
13%
Jan
9%
21%
Nov
20% May
Feb
38% July
67% Mar
86%
Oct
35
Nov
44 %
July
5%
Nov
10
10
2%
Nov
4
May
10c
3c
1
Co
Mfg
Power
American
Tel
Light
Tel
&
Co
100
k
Topeka
&
Santa
Fe
Ohio
Gas
7%
502
27%
Dec
7%
250
6
%
Oct
10
7%
635
7%
Dec
10%
14%
5
5
Commercial Solvents
Consolidated Edison Co
'
Publishing Co
Curtiss-Wright Corp
Feb
37%
39%
32%
33%
730
30% Mar
100
22%
a55 %
17%
17%
a217/8
450
94
Pacific
Packard
Pan
Motor
American
Paramount
Pure
Inc
Ry Co
4%
Feb
413
20
140
37
,38%
998
a37% a37%
75
Co
15%
32
,
23%
Jan
Mar
42%
a20%
a21
115
22% Sep
28%
378
38
a71% a72%
498
71%
Feb
52% Jun
85% July
a40%
a38% a40%
a71%
21%
40
15
3
3
940
3
Nov
a41 % a41%
160
5
10%
10%
10%
1,090
a28% a29%
a
56%
70
a29% a30%
9
8%
195
a 56%
420
a56%
41
485
17
Feb
29%
Jun
50
30
Nov
36%
Jan
Jun
a53%
a52% a54%
459
53%
Feb
66%
a61%
a61% a62%
90
49%
Feb
68% July
10
Railroad
Co
23%
__
a7%
United
Aircraft
United
Air
United
Corporation
5o
6%
Nov
9%
Oct
19%
375
18%
Dec
25%
Apr
Oct
a38% a40%
313
37%
Nov
43
50
Co
a40%
a84%
a84% a86%
190
83
Nov
92% Aug
U
S
Rubber
5
Inc
10;
(Del)
Co
.
Westinghouse Electric Corp
5
12%
10
210
23%
Feb
30
10%
740
9%
Nov
19
2%
525
2%
Feb
Apr
3% May
165
49% May
a39% a39%
38%
Feb
9%
350
9%
Nov
105
17%
Nov
14
May
24% May
24%
385
23%
Dec
33
a41% a43%
275
44%
Sep
49% Jun
9%
23%
__
a43%
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
STOCKS—
Par
American Stores
Baldwin
Budd
13
Works
Company
Corp
Publishing
Electric
Power
2%
Co.
&
Storage
:_____
7%
16%
10
div
El
&
Gas
preference
100
4%
Reading Co
Salt
Dome
Scott
8%
50
50%
Sun
Oil
Gas
a
4%
58
50% Mar
65%
18%
365
17%
Feb
25% May
10%
10%
235
9%
Oct
13
4%
Feb
Allegheny
a8%
17%
18%
1,854
17%
Sep
20% July
17%
16%
17%
3,216
16%
Feb
22% May
37%
Columbia
39
36%
Gas
20 %
21%
25%
26
22%
23
1
Fort
Pitt
Joy
Star
16%
27% July
Feb
7%
95
Sep
10%
8
105
39% Mar
62%
62%
62%
345
50% Mar
%
100
2%
1,531
471
35
38
•
com_
Va
12 V8
Jun
50% May
70% Nov
1%
%
Sep
Feb
3% May
19%
Nov
23 Va May
Mar
39% July
2
40
Week's
32
Feb
Sales
Range
for Week
of Prices
Low
25 Va
24%
Range Sii
Low
24%
165
25V*
6
13%
__
Shares
High
6
_
4%
8
13%
High
Nov
33%
Jan
8% May
19% May
Mar
13
95
•
Electric
10%
14%
Feb
•
Jun
Jun
10%
common.
..
11
400
10%
10%
11%
457
10%
Dec
12
Nov
25%
new
25%
25%
25
23 Va
Feb
39 %
Jan
—1
corn-
-5
33 %
21%
22
33%
20%
21%
10%
7% Mar
130
10
22%
~~1
Co
:
10
•
150
Sep
21%
Feb
27
70
31%
Nov
339
V*
18%
Feb
36% Aug
23% May
6 Va
Feb
145
-
May
-10
9
Aug
-10
9
9
21%
21%
21%
872
2%
SuDply
2%
538
2%
Nov
174
30%
Nov
39%
Jun
10c
Mar
19c
May
31%
1
•
12.50
9
31%
32
12c
10c
15,000
24%
11% Mar
6
Nov
Apr
31%
30
31%
336
297/a
Nov
39 %
Jun
24%
24
24%
479
24
Nov
33
Jun
Sales
for Week
Oct
Oct
American Inv
Jun
American Tel
Oct
Bank
Par
common
&
Shoe
Burkart
1
Tel
Bldg & Eqpt
100
15
1
common
Clinton
Apr
Apr
Falstaff
Brew
Industries
General
Motors
22% May
18% July
13% May
General Shoe
common
common
(Un)
*
(Un)
16%
Jan
27%
Jun
Pressed Brick preferred__50
International Shoe common
•
Feb
40%
Jun
Knapp-Monarch
Laclede
Steel
18%
Feb
26 % May
16 %
Feb
7%
8%
21% May
Missouri
1,615
7%
Nov
22
a49%
a51
200
Rice-Stix
57
May
1st
Nov
49 %
May
2nd
25%
Feb
44
May
947
8
Feb
15
7
100
7
Dec
11
%
%
500
%
Nov
a2%
a2%
100
2%
Nov
Jan
May
3% May
5 % May
33 %
Oct
Apr
20
Jun
25
25
100
23 Va
23%
25
36%
38Va
321
31% Mar
175
51
37%
__
St
1
common
Stix-Baer
Wagner
&
Nov
42%
Juc
Dec
33
Mar
Nov
30
Nov
45%
8
Mar
11%
5%
5%
50
32 Va
32 Va
34
305
4%
28
Apr
Mar
Nov
Mar
Jan
Oct
6% May
34
22
Dec
Service
20%
21
17%
16%
17%
133
16 Va
Aug
19
Jun
27Va
100
27
27%
45
24
Apr
30
July
15
131
Oct
137%
126 % 126 %
6
126
Apr
131
20%
11
20
Mar
__
__
126 %
lo
class
A
50
& Co
Fuller
Jan
21
20
39%
25
common
Electric
31%
45
*
Cement
preferred
Sears Roebuck
66 %
Nov
125
22%
Jan
Nov
42% May
Mar
1,478
5
33
27
100
100
Public
25 Va
-
10%
20
preferred
Louis
40%
60
Feb
10%
common
St Louis Car
23%
40%
.
15
4
common
Portland
23%
40%
.
.23% May
l
common
Midwest Piping <fc Supply com
32%
12%
Feb
16
Hydraulic
.
7
27
33 Va
Nov
Jan
150
248
21
26%
Sep
31%
38
17%
Jun
19
20
10
9%
31%
20
5
-
18
6
___:
Apr
31%
58Va
498
Brew
common.,
7
155% Sep
18
26%
Nov
100
9
56%
Nov
19
Jan
Oct
26 Va
8%
Gas
13%
150%
57%
15%
Laclede
10
493
26Va
25
High
/
16%
1
3,955
Range Since January 1
Low
High
10
9%
5% May
11 % May
16%
Shares
150% 151%
9
1
common
common
Huttig S & D
__
151V*
1
common
Griesedieck-Western
Low
3
common
common
Mfg
Apr
11%
Exchange
Range
STOCKS—
160
a2%
23% July
28% July
47 %
St. Louis Stock
659
50c
Nov
Nov
19%
.
873
Warrants
20%
25%
8
Par
Fireproofing Corp
Pittsburgh Plate Olass
San Toy Mining
Westinghouse Air Brake
Westinghouse Electric Corp
17
1
Jun
850
10%
National
177/s
770
Apr
Mar
2,082
46 7
-10
15 % Mar
30%
45% July
46%
al5
29%
Jan
2%
Gas
Mountain Fuel
a8%
30%
28
19%
Steel
Manufacturing
Lone
21%
•
25
~2%
Mackintosh-Hemphill
16%
...»
24%
Feb
19%
Brewing—
176
'
__
48 Va
Nov
Sale Price
Harbison Walker Refractories
435
496
Oct
20%
13 %
_
&
18
32%
36%
21%
1,146
20%
2o
_
15%
41 % Mar
r41
25%
Follansbee Steel
%
21%
a51
Oct
142
460
21
*
Co
Duquesne Brewing
1
25
8%
5% Mar
3,764
38%
of Prices
6% May
8% Nov
7% May
75
23%
12%
a8
Oct
May
1.264
1
Ludlum
10%
Feb
Nov
7
1
Electric
4%
49 %
256
1,741
♦
Arkansas Natural Gas Co
General
1,660
7
5
50
._
_
63% May
21% Jun
4%
18% May
56% Jan
50%
20%
14%
4%
13% July
56
Last
19%
31%
Jun
Mar
15% Mar
485
1,872
23%
625
31%
65%
50% Nov
453
7%
16%
7%
6%
Friday
13
al7% al7%
52%
16
20%
STOCKS—
60%
12% Mar
11% May
23%
8%
8%
Feb
Jun
Pittsburgh Stock Exchange
16%
Nov
8
*
Westmoreland Coal
Apr
18
155
•
corn.
Improvement
Feb
12%
3l£
15
8%
8
Tonopah Mining
United Corp
United
Nov
83
17
•
13
15%
13
620
.
Nov
•
Co
48%
56%
12
•
common
Corp
307
56%
Jun
245
4%
10
common
38
Dec
Apr
12%
6%
1
common
Oil
Paper
33%
Feb
370
21 Va
158%
17%
Corp
Pennsylvania Power & Light___
Pennsylvania RR i
Pennsylvania Salt Mfg com.
Philadelphia Electric common
$1 dlv preference common
Philco Corp common
Service
10%
50
Pennroad
$1.40
12
High
Nov
17%
57%
5
Lehigh Coal k Navigation
Lehigh Valley RR__
21%
147% Mar
270
2,281
49%
*
10
Brothers
Public
52%
*
Range Since January 1
Low
23%
150% 151%
8%
13%
Light
Battery
Corp
General Motors
Gimbel
12%
•
Chrysler
Curtis
151%
Shares
High
22%
100
Locomotive
Delaware
Low
*
American Tel & Tel
Brown
5
Jun
Philadelphia Stock Exchange
Sale Price
Nov
8%
July
al6% al6%
__
9%
*
(F W)
23%
9%
2%
10
Warner Bros Pictures Inc
Western Union Telegraph Co
Woolworth Co
23%
__
10%
1
Jun
32
5
Jt-o
a7%
•
Corp
Lines
13% May
Feb
32
18%
Week's
48
42%
19% Feb
a7%
_.
Last
Feb
Nov
525
Friday
10
8%
23%
Jan
37% Mar
8%
al7%
5%
25% Mar
Jun
21%
21%
July
a41%
May
•
Carbon
Jun
Nov
*
Msr
a28% a28%
__
•
~50
46.
a20%
25
Co
Oct
Feb
32%
page
47
♦
33 %
Republic Pictures Corp
55%
23% Jun
Nov
11
2%
of America
Sep
Feb
35% Feb
Jun
34%
•
26% Aug
16%
425
•
Inc
see
12% July
Feb
9% Feb
11
•
Airways
footnotes
20
July
11
___100
Radio-Keith-Orpheum Corp
For
Jun
13
20
1
Company
Radio Corp
Jun
Jun
Feb
20
*
Inc
Oil
10
69
7%
130
;•
Pennsylvania Railroad Co
Pepsi-Cola Co
Phelps Dodge Corporation
Pullman
Feb
Mar
50
100
7%
Jun
16% Mar
33%
600
10
Pictures
6%
24%
Nov
Nov
11%
5
Corp
RR
Car
8%
25%
20%
15%
15%
al4% al5%
Company
Oil
2% Feb
21 Va Mar
145
10%
*
North American Co
Ohio
Jun
11%
•
Corp
Northern
Jun
28% May
3% Oct
7%
•
Aviation
14%
27%
7%
38%
Jun
Sep
20
a
Apr
63%
Nov
125
7%
61
Nov
Mar
May
17 %
a54% a55%
a24% a 25%
a 7%
a7%
~_*
Inc
45%
15
275
Twentieth-Century Fox
Blaw-Knox
19
25 %
a8%
20%
51
33
July
110
a8%
a
11% May
283
a21% a22%
7%
Feb
Feb
500
7%
65
Mar
60
711
1
42% July
Jan
10
Jun
a38% a39%
Oct
17
Tri-Continental Corp
28% Mar
39 % Mar
47
8%
Apr
__
25
Jun
10%
3
7
American
94
157
a25 % a25%
4
North
355
350
3
•
Inc
Prod
220
10%
17%
a25%
Loew's
Central
138
a 53%
Libby McNeil & Libby
York
55
56%
8%
a
Nov
32%
40%
Oct
17%
Nov
a39%
25
Water Associated Oil Co
Union Pacific
Feb
26-
16%
Corp
&
100
40%
Jun
-
95
10%
*
.
J)
Company
Texas Company
Texas Gulf Sulphur
Carbide
13% May
40%
25
&
Union
33%
Dec
Oct
.1
.
(N
Jun
27%
12
7%
•
Co preferred
Co
16% July
44
a39% a42 %
•
Corp
Distillers
Feb
Feb
a52%
Laclede Gas Light Co
New
Sep
4%
Jun
May
117% July
49% July
10% Feb
a42%
•
Corp
Illinois Central RR Co
Int'l Nickel Co of Canada
Nash-Kelvinator
Jan
37%
*
Graham-Paige Motors Corp
Nat
91
95
40%
33
a53%
1
General Electric Co
General Foods Corp
Magnavox Company
Montgomery Ward k Co
200
13 %
1
International Tel & Tel
Corp
Kennecott Copper Corp
15
5
Electric Bond k Share Co
Electric Power k Light Corp.:
Great Northern Ry
31% May
Dec
182
13
5
Utilities
Nov
7%
660
8%
*_♦
common
Feb
27%
456
a38 % a39% ;
a55%
1
A
32
233
a20% a20%
5
(The)_
830
341
a34
1
Continental Oil Co (Del)
Crown Zellerbach
Corp
Nov
260
13%
•
34
May
12%
*
Y)
65
157% May
46% Sep
12
331/3
*
(N
16% May
Mar
a33%
.
25
Consol Vultee Aircraft
Corp
Continental Motors Corp
12% Mar
48
148% Mar
7
*
Corp
Oil
Tide
Feb
8%
Oct
10%
11%
37% a41 %
a
•
Corp
Curtis
35
10
Inc
255
7%
25
Company
System
99
34
7%
12%
15
Co
(Ind)
Studebaker
22%
300
•
Co
Swift
760
8%
a28% a28%
15
Inc
Oil
Mar
6%
5
_
580
1,686
a35 a35%
_*
Commonwealth Edison Company
Commonwealth & Southern
Greyhound
27%
Nov
4% May
41% May
a23% a24%
•
Ry
Public
2%
a99 % a 101%
_5
Company (The)
Service
50
34%
a24%
.100
Corp
Pacific
a2%
34
13
Co
Caterpillar Tractor Co
I
Apr
14
3
Works.
RR
Boeing Airplane Co
Borden Company (The)
Borg-Warner Corn
General
8c
al50% al51%
25
,
Aviation
Class
Nov
a52% a53%
Ry__100
(Del)
Bethlehem Steel Corp
Cities
4C
14
al51%
5
Oil Co
Columbia
5,000
7
10
Locomotive
Baltimore &
Canadian
4c
7%
7%
50
Corp
(111)
Co
Co
Mfg Corporation
Budd
Apr
*
Atlantic Refining
Bendix
1.80
27%
*
Copper Mining Co
Steel
Baldwin
Feb
1
k
American Woolen Co
Anaconda
Barnsdall
Mar
70c
a2%
American Radiator & Stand San
Corp.*
American Smelt & Refin Co
*
Atchison
3c
200
4c
•
Airlines
American
Avco
1,000
1.15
4c
1
American
Armour
3c
1.10
__
10c
Corp
Allis-Chalmers
Armco
% May
5c
Apr
Stocks—
Alleghany
Brands
Standard
Standard
Jan
Mining Stocks—
Alaska Juneau Gold
*
High
26%
8%
•
1
Co
Co
62% July
61%
26%
common—25
Western Air Lines Inc
Del
Low
25%
__
1.75
29% July
lnc_5
^
Standard
26%
5
Feb
26%
2
Co
of
Oil
Railway
Jan
349
970
Corp
Oil
Seaboard Oil Co
Socony-Vacuum
Southern
July
24%
50c
__
•
Bsnge Since January I
High
Jun
28
27%
1
Air
Steel Corp
Regis Paper Co
Schenley Distillers Corp
30% July
24%
25
Western
Republic
St
Low
Sales
Mar
Mar
May
-
25
A
26%
Feb
Mar
Shares
Jun
•
California
Consol
Mar
•
pfd
Corporation
States
Universal
22
27%
Calif
&
1,117
Jun
•
preferred
conv
24%
Feb
July
25
common
Transamerica
28 % Aug
9c
25
preferred
of
Transcontinental
Nov
a38 a39%
25
Sunray Oil Corp common
4 % % class B preferred
Textron, Inc
22
51%
5
161
Company
Co
100
48
com__25
pref
Pacific
Standard
22%
37%
1
Ltd
convertible
4.32%
So
57%
Feb
17
a38%
*
cumulative
Southern
Aug
17%
•
4.88%
conv
55
48
9c
Corp
Southern Calif Edison
4.56%
47% Mar
5
25c
Signal Petroleum Co of Cal
Feb
49
17
•
Signal Oil &c Gas Co class A
28%
100
24%
15
Corp—-
Dec
130
30
Union Oil Corp
Sep
974
77 %c
1
Security Company
Shell
Jan
27%
5
25%
1
Co
Jan
35%
Nov
26%
36
Mar
5%
5
Safeway
Nov
Nov
for Week
of Prices
Par
Apr
3%
51
al7% al8%
•
Aeronautical Company
Stores Inc—_
Ryan
70c
Feb
Jun
50
5
1
common
1.95
13% May
Nov
33c
24c
Feb
a 40%
5%
1
Co
Corp
Nov
6%
49%
39%
23%
23%
2.50
Manufacturing Co
Richfield
X.
1
Drug Inc
lie
22 %
a
*
common
175
26%
May
51
*
—10
—
Co
26%
9
0% Mar
15c
25
25
25
—
Petroleum
100
July
Week's
Range
Sale Price
STOCKS—
High
1.55
July
1
preferred
Republic
7%
95c
25
common
redeemable
5%
7%
Low
7,400
10%
:
Elec
<fc
1.25
Last
1
1
Co
Gas
Pacific
3
Frldaj
1
Inc
DECEMBER
Range Since January 1
High
1.15
1.25
1
Occidental Petroleum Corp
Oceanic
Low
1
Co
EXCHANGES
ENDED
for Week
of Prices
WEEK
Monday, December 6, 1948
Sales
Last
Sale Price
STOCKS—
FOR
CHRONICLE
•
common
common
r
*
5
—15
131
20%
4%
38%
4%
33%
131
5
39 Va
70
13 % Mar
375
4%
237
32 V*
23%
July
Jan
Feb
Feb
Dec
7
Feb
Feb
43
May
13%
13%
13%
180
13
Feb
17% May
47
47
48
230
47
Nov
55% July
Volume 168
THE
Number 4757
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2357)
41
OTHER STOCK EXCHANGES
RANGE
WEEK
FOR
ENDED
DECEMBER
3
.
Week's
Friday
Last
PACIFIC COAST SECURITIES
Mining
Co
Johns-Manville
MEMBERS
New York Stock
Honolulu Stock
Exchange
San Francisco Stock Exchange
Exchange
and other
Leslie
Los Angeles Stock Exchange
14 WALL
SAN FRANCISCO
Inc
& Co.
Macy
Marchant
San Francisco Stock Exchange
"B"
(R H)
Friday
Week's
Sales
Range
Sale Frice
of Frlces
Par
Air
Reduction
Co
American
&
San
American Viscose
Corp
327
43
Feb
59% July
385
40%
Dec
51
Apr
55
32
Feb
36
Nov
al0% al0%
82
14
Oct
23% May
8%
8%
265
Nov
10%
32
__
32
8%
16'A
16'A
177
14
Feb
15
15%
535
15
Nov
2.35
2.35
200
a30%a32%
al4% al8%
23 % 24 %
190
Shares
Range Since January 1
Low
High
20%
a
327
21%
High
26 % May
Sep
& M
Mindanao
Mother
„
__
al5%
__
2.35
32% Mar
Woolen
Anaconda
Co
390
6%
Oct
10
Mar
Nash-Kelvinator Corp
100
1%
Sep
4
May
National
14
14%
371
53%
276
151 151%
2,013
a54% a65%
—14
35
163/
12% Mar
67
Jun
National
155
May
National
Feb
70
Jan
50%
Atchison
Atlas
Corp
Atlas
Imperial
Avco
Mfg
Baldwin
Corp
Barnsdall
Ohio
Oil
(Un)
RR
Co
(Un)
Home
Corp
(Un)
Hill
(Un)
Corp
Sugar
Feb
5%
24
Mav
Nov
20
9
May
Feb
4%
7%
Jun
12
260
12
Dec
17 %
11%
100
1014
Feb
16% July
40%
17
100
11%
Jan
17
May
Oct
34
34
150
26%
Feb
38
Jun
al0%all%
100
13%
Oct
__
15
Sep
38
33%
33%
33%
1,130
11 %
11%
12
1,980
6%
2.80
2.55
2.80
6,579
Mills
256
20%
Nov
29%
130
40%
Sep
43'/a Nov
64% Jun
Canadian Pacific
52%
Nov
20%
20%
234
Distillers
Linen
26
275
25
7%
7%
100
6%
6%
6%
160
3%
Apr
7
7%
400
7
.
__
•
a
34%
34%
665
51%
51%
22
a9%
Ry
a9%
-1%
a9%
(Un)
—25
13%
a54 %
a51%
30%
1.35
—1
1.40
(Un)—
—25
31%
Central
North
Amer
North
American
Northern
Oahu
Preferred
*
Oceanic
Occidental
Feb
Service
——
Broadcast
Columbia
cl
System
.
Gas
Columbia
(Un)—_—
System
Commonwealth & Southern
Pacific
Can
Pacific
Pac
*
•.
t-.
67c
Ind Class
Chem
5%r/o
Jun
Pacific
Lighting
Corp
Nov
Pacific
Portland
Jan
Pac
Jun
Pacific
40%
54
15
Sep
May
Pan
68% May
Paraffir.e
38
Jun
Paramount Pictures
1.40
400
68c
.1.95
Sep
Pennsylvania
1,065
44%
Consolidated
Aircraft
Vultee
Apr
31%
Nov
11% July
Sep
Pioneer
Inc
1
9%
of Amer
Creameries
Crocker First
—
Mill
*
Curtiss-Wright
(Un)
Corp
Oil Fields Co
Domlnguez
Chemical Co
Kodak
Eastman
El
Electric Bond &
N
J
143
20
75
13% Mar
22%
Oct
25%
Aug
29%
Jun
10%
Feb
1,375
2%
25%
3%
Feb
67
3
25%
14% July
Sep
38
Oct
May
Tele
Food
(Un)_
I——5
Cum
4%
(B
North
Hawaiian
Class B
Holly
Oil
Jan
28%
510
25 Va Mar
31%
Apr
—2%
37%
•
10
6
104
36%
38%
869
128% May
13%
Feb
50
Mar
34%
39
Mar
%
5
32%
5
31%
Oct
44
Nov
9% Feb
30
July
Nov
Nov
Dec
Feb
Mar
Sep
15% Oct
16
Jun
42%
Jun
3
Jan
11%
Jun
46 %
Jun
7% May
42% Oct
55
35
Feb
40%
Jun
57%
57
57%
1,396
51
Mar
65%
Nov
15
14%
15%
3,300
14
Nov
23
15%
15%
15%
15%
Dec
22
Jun
a37 % a38%"
.
112
26
12
26
130
11%
12%
5,491
Feb
38
11%
Dec
20%
24
July
Jun
61
Nov
72%
Jan
a 59%
125
53
Apr
55
Apr
40%
41%
716
39% Mar
48%
Oct
3
510
3
5%
Jan
a40% a41 %
62
3
62
60
Nov
40
10%
788
10 %
Feb
May
13% May
15%
350
14
Dec
19
16%
17%
1,589
16%
Feb
22
Apr
25
16%
Mar
48
215
10%
a40%
25
50
17%
Nov
36
Jan
Sep
7.50
Jan
Jan
4%
200
2.25
3%
4
650
1.60
Jan
5% Aug
4%
5
300
4%
Dec
10% May
20
3%
3%
110
3%
Feb
5
•
60
61
885
52'/a
Feb
78
3
3
33
2.70
Aug
1
(Un)—
Corp
4%
Co
Corp
Independent Exploration
Nickel
of
Jan
Canada
International Tel & Tel (Un)
13%
386
13 %
Nov
22%
Jun
11%
—
Mines
3.50
May
May
13%
—
11%
500
11'A
Nov
19
Nov
(Un)—1
1.95
1.95
2.25
5,650
33%c
10%
10
10%
260
(Un)_*
30
30
175
.*
8%
9%
520
(Un).
Jan
Nov
10 Va
Jan
7
Feb
4
4
7%
7%
100
8,996
29%
33
4% Sep
4%
4%
30%
29%
5
31%
33%
33%
30%
28%
26%
33%
30%
28 %
27
1,229
950
25%
a49% a50%
264
47
58%
24 %
93
150
20 %
—
—
—
4%
Signal
Sinclair
32
100
27
29%
Jan
27%
Sep
90
Feb
104%
Jun
130
Nov
146 %
Ap^*
132
132
25
4%
8%
400
4%
797
8% Nov
20%
10,642
1,300
49%
57%
49%
57%
420
__
3%
3%
68
3%
Dec
22% 22%
a32%a34%
29 29%
1,311
21%
Nov
29% Aug
195
32 3A
Nov
49 %
May.
500
26 %
Feb
42 %
May..
11%
13
52
53
a27% a27%
25% 26%
a35% a35%
18% 18%
25 25%
21% 21%
1,245
8
Feb
15
135
34
3%
—
a33%
—
12%
52
—
26%
—
—
25%
•
•
21%
12%
230
—
Oil
Co
Standard
Oil
Co
Nov
2.85
Jun
8'%
Oct
17'A
Jun
25
87%
Mar
Nov
32
16%
July
Jun
—
(Un)—
Super Mold .Corp..
Swift <& Co (Un)__
—-1
;—41
27/e
a26c
—
Union
Corp
Carbide & Carbon
Union
Oil
Union
Sugar
Calif
of
Aircraft
United
Air
Victor
Corp
Lines
(Un)
—
Wells
(Un)—
40'%
29%
5
10
Inc__
Equipment Co
Agricultural Co—•
Pictures
Fargo Bank & U T——
West
(Un)
Coast Life
West
Indies
(Un)
Western Air Lines
Inc
Department
Union
Woolworth
Yellow
(F
W)
Cab Co common——
35
1,226
22%
Feb
33%
■
40%
Jun
Oct
Jan
3,636
18%
Nov
24
880
153A
Jan
48%
Jun
Oct
May
30,900
May
Nov
21
8C
Nov
21c
39/2
509
32%
Feb
42
Oct
167
30% Mar
46%
Jun
22
17
25 A
29%
24 %
a26% a26 %
27 A 27 A
33% 33'A
24%
50
27%
27%
a25c a30c
20%
21
61%
72 A
21%
15%
65%
72 ,4
22
15%
16 %
a295%a29/8
Jun
23
Jun
24% Nov
34
May
25% Mar
30%
1,694
684
100
60
140
Jun
Nov
28%
Jan
24% May
28%
Jan
26"%
Nov
29 % July
34
23
Jan
70
32
Nov
1,540
44
Feb
62% July
195
22
Feb
30%
39
45c
May
Jun
Jan
73
Jun
Feb
90%
Feb
28% May
15
Sep
16%
Jun
15
Mar
21
Mar
20%
Dec
4,727
54 3A
587
69 3A
740
16%
281
Jan
29
327
60
1.10
Jun
Jun
25
31%
Sep
36%
Jan
266
52%
Feb
66%
Jun
32%
Jun
10%
40%
29%
*3 13 %
13%
Jan
680
38%
Nov
42% July
1,392
21%
Feb
38% July
13%
Nov
a23% a23%
20
9%
9%
10
26
9%
26
9%
2b
10
100
—
275
276
1
1
95c
6'%
95c
6%
1.10
7
17
,s
17%
a21 %
5%
5/a
43%
6%
>
32%
Feb
Nov
2.50
10
1
Oct
Feb
14%
Feb
71 A
24%
220
15
1,901
10%
—
12'%
Feb
4,502
19%
10%
al6%
122
Jun
922
23
a2%
*
20
17
7,262
22%
10%
40%
28%
10%
—
285
,4
»2%
—
(Un)
Feb
17%
9c
—
1
Telegraph
Oct
55
22%
34% Nov
Jan
Jun
May
35
25
Jun
17
8c
—
<Un)
8%
26%
2.35
Stores ——50c
75%
18% May
—
a21%
(Un)
Westinghouse Elec Corp (Un)
Western
a23%
5
(Un)__
Feb
Nov
•
————1
Insurance
Sugar
58% July
Feb
69%
1
-20
Jan
Feb
12%
2.35
5
(Un)
Westates Petroleum com
Preferred
—
•
22
15%
a517/e &54Vo
a53%
10V4
25
com
Waialua
Bros
15%
—
Corp of Del
Warner
—
25
(Un)— _——-—1
U S Steel Corp common
•
Utah-Idaho Sugar Co
(Un)—
—5
United
—
2
May
Nov
600
48 %
65%
———12%
—
United
—
-
Water
Transamerica
Co
—
—10
.
May
22
220
28%
—
49%
25
—1
10
55%
26 % May
13
20%
16%
24 A
—
Company
(Un)„.
—25
Ass'd Oil common—10
Texas
—
*
(Un)
of N J
41
28
Feb
a36% a39%
167 167%
22%
17
25
;
73A
Nov
39%
—
—•
Calif
of
Co
McKee
Sunset
A—
(Un)„_
Studebaker Corp
.—25
20
12%
•
(Un)
Inc
5% May
11'A May
8%
25
—25
25
.
—_
Feb
7%
(Un)—•
—
Standard
Western
1.60
Pacific Co
Brands
Oct
Jun
22 % Mar
8%
^-'5
——
,
Spring Valley Co
61
26
120
136
18 Va
-15
(Un)—:
Corp
Sperry
Jan
55'/a July
16% Nov
•
preferred
Standard
Nov
Mar
402
—-•
So Cal Gas Co pfd Ser A—
Southern
Nov
390
—
preference
conv
Apr
29% Mar
16%
39%
preferred
4.48%
Jan
July
399
21 %
5
Southern Calif Edison Co com
Conv
May
16%
—P10
Oil & Gas Co class A
Oil Corp (Un)_
4.56%
35%
__
————15
4.32%
Mar
—
•
Socony-Vacuum Oil
Soundview Pulp Co
36"%
21
—
10
(Un)
Mining—-
Oil
Union
Shell
9% May
6 %
Dec
4'A
8'A
20%
21
.1
Inc_—
Stores
Maurico
Tide
a59%
41
4%
15'A
Dec
July
800
Nov
Feb
2.35
10%
165
3.50
4
400
4
26%
Nov
400
2.75
14 %•.
—
25
*
Riverside Cement Co class A
Jan
38%
100
1
Inc.
International
II
4
—
Oil
Car
/.
a
6
class A (Un)—_.
(Un)
Maryland
10%
212
Plantation Co—
Idaho
885
97
14
Honolulu
Motor
93
41
14%
2,551
Inc
Honolulu
Hudson
45%
6%
(Un)— *
pfd
non-cum
Honckaa Sugar Co
Hunt Foods
a
32%
(Un)___.——
Co
Jan
Jun
103% July
8%
——*
Development
Holly
Dec
34%
-
Nov
5
Pineapple Co Ltd_—„—
Hobbs Battery Co
365
Nov
320
5%
32%
*
—_I
(Un)_*
3
14
50
33% A
Sears, Roebuck & Co
100
6%
.—
2.50
—
\
2.45
1
—
Jan
Nov
14'A
Corp
13
Feb
a43% a44 %
Oil
Nov
9%
24%
14
Richfield
San
91%
1,275
*
2.75
t
-
•
Manufacturing Co
Safeway
1,850
*
Jun
common
Jun
58
12
common—
41%
America
Jun
5%
a
Feb
Realty
&
Rayonier Incorp
16% Mar
206
...
Eq
Jan
27%
(Un)_
—*
preferred——100
—
1
Republic Steel Corp (Un)
•
Reynolds Tobacco "B" (Un)—10
of
Corp
Railway
10 %
5%
.
17%
255
——20
63%
13
——
Sep
41
(Uni
Feb
12% July
'
9%
33c
•
(Un)—
Co cap
Nov
Feb
'
Jun
55
31%
100
——
Jan
Feb
14%
July
27
93
(Un)
8
7%
44%
69
Feb
24%
common
7%
49
4%
'
Co
Co
18% May
Feb
17%
58%
S & W Fine Foods Inc—
55
a
13% May
17
Jun
Feb
32 %
Apr
4,427
35%
Co Ltd common
Stores
Jun
49%
817
.
Corp
Greyhound
Hale Bros
25
Sep
96
%
*
Ry
Mar
321
34%
•
——
21
45
97
•
Co common
July
25%
al0%
-—10
Goodyear Tire & Rubber (Un)
Graham-Paige Motors (Un)
Great
975
9%
%
(Un)
Corp
F)
10
4*1^'
<Un>__
preferred
Goodrich
150
490
1
Gladding McBean & Co——
State
9
7%
35%
preferred
Golden
31
48
7%
•
common.——
Corp
Paint
419
a45 %
10
General Motors Corp
General
22%
a40%
38% Mar
a7%
Chemical-— _—10
General Electric Co
General
969
97
—"
Radio
&
Kleiser
&
45
I_—1
Share Co
Machinery &
Foster
45
7%
;
Jan
9% Feb
90
32c
*
a7%
1—15
(Un)
——
Corp Ltd
Farnsworth
Food
of
_»
Capwell Co
Emporium
Eureka
common
Co
Works
Oil
Dorado
(Un)__
8%
15
140
Sep
26%
—
18% July
57
31%
(Un)
320
'l'
*
Doeinbecher Mfg Co
Feb
al7% al7%
__
—
41
*
__
12
—
(Un)
7%
T
144
31%
Pulp & Timber
a7%
.
*
—III
Jun
12%
Apr
Pullman Inc
94%
:
Jan
2.00
68c
Puget Sound
Oil
6% May
11%
Feb
1.55
Nov
Jun
Radio
22% May
32c
62% July
28
Nov
Sep
9% Nov
300
65%
24%
320
25%
—
preferred
———
Publishing Co (Un)
Curtis
Dow
—100
common- —5
Corp
—
1,210
500
Nov
9'A
*
Preferred
2nd
Bank
Nat'l
Zellerbach
Crown
»
6
-
2.85
Feb
•
13 Ye July
2.75
50%
20% a20%
May
—
32%
20% Mar
51c
10%
31
736
Jun
10
648
25%
Feb
39c
10
52
9
a53%
9
15
12%
57
—
—
(Uni
Co
Petroleum
Phillips
37
7%
(Un)______ 15
RR
Dodge!Corp
Oct
a53% a53%
_—1
(Del)
Companies
Ccla Co ,(Un)
Nov
1
(Un)
Oil Co
Continental
300
15
8%
__
17%
83
285
Jan
■
Dec
3y» Mar
'
12%
8%
—
(Un)
American Airways
19% May
Sep
22%
Continental Motors
1,866
93
(Un)
com
Nov
a 3 8%
a 40%
13%
*
100
...
Co
Motor
Mar
8%
-
12%
(Un)—10
com
pfd—
com
Preferred
35%
a
.
—
•
common
1st
Tel
&
pfd
Cement
Public Service
Packard
—
18
a6%
9%
1.55
25
25
25
25
preferred
1st
Tel
845
17%
a6%
9%
1.55
__
a6%
9%„
5
common
30%
al0% al0%
a25%
15
83A Feb
25
Aggregates
50%
al7% al7%
(Un)—•
(Un)
Co
340
18c
20
preferred
1st
33
a
.'
—-
A——*
Consolidated Edison Co of N Y
Cons Natural Gas
10%
—
Mar
—5
(Un)
Electric
&
1st
Rheem
Consolidated
Jun
10'A
*
B
class
Co
10
3
—25
21%
-20
(Un)
Coast
Gas
50
•
(Un)__
Commonwealth Edison
'
-
o
15%
15% Mar
1
Filters
United
203
25%
al7%
A_ -~2~%
Jun
15 %
230
•
(Un)
Onomea Sugar Co
a8%
25%
_•
Colorado Fuel & Iron common
Jun
20
18c
Jan
1
467
50%
-3%
65
14%
1.15
530
20
Petroleum
Olaa Sugar Co
Pure
Clorox Chemical Co
48% Mar
757
a39% a42%
a42 %
—10
(Un)
Co
429
100
(Un)
redeemable
10%
7,300
—10
1st preferred
Dec
Jan
18
10
(Un)
5%
Nov
Jun
19c
100
Co
Ohio Oil Co
Oliver
(Un)
Cons
Ry
370
a8%
a32%
.2.50
Chrysler Corp
Cities
Oil
a31% a32%
a 8%
I100
voting trust ctfs
Oil
Pacific
5Vo
51%
3,400
May
57%
1
(Un)
common
common
Sugar Co Ltd
Phelps
Chicago Milk St Paul & Pac—■
Common voting trust ctfs—
Co
Invest
9
'
17%
18
:•
Aviation
American
North
54%
13%
a
31%
>
(Un)
American
North
Pepsi
Chesapeake & Ohio Ry
RR
32%
30%
Co
Mining
40
Y
30%
13%
•
•
(Un).
Tractor Co
of America
7
28
N
Jun
34
Nov
Oct
13
18c
1
*
1
;
May
24%
'
Nov
995
56%
18
•
(Un)
Corp——
Mining Co
7
Dec
—
Apr
Prod
Service
8%
16% Mar
26
Celanese Corp
Eureka
120
__
—50
Ginger Ale
4% Jun
a39
—
Packing Corp common-
Jun
20%
a54% a56%
__
—5
Preferred
30
20%
—
—
39% Oct
Feb
a38%
a38%
*
Co
Cotton
19% Mar
2.55 Nov
—1
;
42
30% Mar
19%
57%
__
1
Natomas Company
Nov
2%
(Un)
—
Cement
Central
Sep
*
California
Caterpillar
Jan
40%
all1/*
5
Sullivan
&
Dry
32 %
119%
11%
5
(Un)
Calaveras
Canada
Dec
Feb
17
15
Byron Jackson Co
California
27
1
(Un)
40 % May
Feb
31
•
(Un)
Airplane Co
Borg-Warner
1,435
57% Aug
89%
2
Holdings Corp
Borden Co
84
1,880
Nov
34%
12
40%
5
(Un)
V
7:
6%
—
33%c
Bishop Oil Co
Calamba
a20
5%
„
5
Appliances
Bethlehem Steel
Bunker
19%
7
100
(Un)
Aviation
Bendix
Boeing
310
20c
Bendix
Blair
1,268
5%
13
Oil
Basin
414
27 %
..
3
(Un)
Locomotive
Baltimore &
a35
27
a
.2.50
Engine
1,515
a33%
a
—5
Diesel
37%
100% al01%
■—
(Un)__ -100
(Un)
34%
a33%
—20
National Bank
& Santa Fe
Top
37%
(Un)—— —50
Copper Mining
California
Anglo
•
31
May
Jan
148 % Mar
51%
16% July
Dec
18c
__
5
(Uri)
Fibres
Auto
13%
1.85
23c
Feb
Nov
13%
10
2
151
(Un)
Co
52%
—
.100
'
Morrison-Kndusen Co
7%
14
(Un)__*
(Un)
&
274
13'A
1.80
23c
Jan
36% July
9%
9%
804
11
3%
23%
264
10%
__
Nov
May
•
(Un)
Lode
Montgomery Ward
New Park
American
Cons
Jun
20
__
Apr
24%
15
10c
—
2
•
(Un)
Co
7%
7%
f
(Un)_
American Smelting & Refining
American Tel & Tel Co (Un)
al9%
«
(Un)_
Power
Stan
al9%
—1
(Un)
Foreign
Radiator &
Amer
*
(Un)
American Airlines Inc
Low
& M
Jan
4,755
•
1
1
(Un)_
Co
for Week
Last
STOCKS—
M J
15
8%
8
al0%
1
Co—
Navigation
Mfg
Jun
Nov
8
__
*
1
5
common—
Calculating Machine
Menasco
Jun
42%
*
—
(Glenn L)
Matson
92c
Sep
34
'
Martin
High
Dec
120
*
—
Co
Magnavox
Low
42c
a53% a56%
40% 40%
__
7
_1
,
Range Since January 1
High
1,600
8%
a56%
1
Inc..
(Un)
Lyons-Magnus
HONOLULU
-
G)
Lockheed Aircraft Corp
Loew.'s
Teletype NY 1-579
LOS ANGELES
(R
Shares
38
42c
38
__
—10
Co
for Week
46c
42c
(Un)—
Libby McNeill & Llbby
STREET, NEW YORK 5, N. Y.
-
Salt
LeTourneau
principal Security and Commodity Exchanges
Telephone BArclay 7-4300
—P2
-
*
Kaiser-Frazer Corp
1
Kennecott Copper Corp (Un)______—*
Kern County Land Company
5
Co.
&
_
Corp
Sales
Range
of Prices
Low
Par
.
1XL
Dean Witter
Sale Price
STOCKS—
a20
16 16v4
al5% al6%
24/4 24 /2
43%
6%
43%
7%
3,000
355
10
19
Nov
24
2% Mar
68% Mar
650
30
379
30
13,585
2,070
Jan
30 Va May
565
500
20
23% Feb
2.35
7%
24
9%
275
31c
4%
Nov
Oct
3%
Jan
Feb
11%
Jun
32 %
Nov
14
Apr
301
Mar
Feb
Apr
3% May
87 %
1.80
Jun
Jan
May
Jan
Jun
10
Jun
Nov
161
13%
Jan
17%
70
19%
Feb
24% May
550
5 %
Nov
10% May
423
16
Mar
22 % May
229
18%
Oct
24% May
560
24
Nov
33%
387
42
Nov
49
Jun
Dec
11
Jan
645
6%
Jun
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(2358)
LISTED
CANADIAN
RANGE FOR
WEEK
Monday, December 6, 1948
MARKETS
ENDED DECEMBER 3
Friday
Montreal Slock
Canadian
Fnnds
Week's
Bales
Last
Range
for Week
Sale Price
of Prices
Shares
Par
AbitibI Power & Paper common
$1.50 preferred
56 %
55 »/4
Ltd
Aluminum Co of Can
4%
pfd
—*
19%
.
—
•
6%
100
—
72
•
Asbestos Corp
Ashdown Hardware
Bathurst Power
class A.
(J H)
&
0
1
Light &i
American
Oil
Elec
British
Columbia
Forest
Columbia
Power
Corp
Class B
Jun
Feb
65%
253/4
NOV
13
Sep
49
25%
600
8%
8%
150
45'/a
90
6 3%
4%
Co
—
27
13 '/a
43 %
433/4
3,981
43
44
7.25
7.25
7.25
100
18%
19
2,482
17
Feb
13
13
75
13
Dec
19
25
91%
3%
3'/a
3
3%
175/4
17%
17%
350
5
5
5%
33 %
33%
34%
Canadian
Breweries
Canadian Bronze old common
A
20
13%
120
9%
254
3,994
»
91%
92
Investment
Pacific
Cockshutt
Plow
Consolidated
58
26% Mar
10
14
14
80
16%
8,377
9%
32
100
23
23
20
*
29
29
30%
25
preferred
Dominion Foundries & Steel
Dominion Glass common
8tores
Dominion Textile
common
21
213%
Power
8
Feb
10
Dec
26
27
27
10
23
Feb
28
875
30
Feb
38
34
34
34
45
32'%
Jan
35
163/4
common
17
1,531
14
Feb
24%
50
23
Mar
21%
21%
21%
1,030
20
Feb
12%
ll3/4
12%
3,569
11
1927
Feb
14%
75
14% Mar
.15%
1,455
14
Dec
24
320
19
Mar
25
5
84
Nov
91
100
Sep
108
22
107%
Apr
111
Oct
2%
2%
2%
14%
15
Sep
4
Jan
Feb
171/4
Jun
103
10
101
Apr
52%
523/4
220
50
Jan
16
163/4
Mar
163/4
675
13
30%
31
630
23%
46%
■
47
90
56%
56'/a
57
14,783
21
85%
10
99%
325
252
*
12%
•
46%
133/4
•
•
Steel
7% July
20'%
Oct
85
Aug
92
Jan
99%
Oct
103
May
25
5%
Jan
.
27
35%
3,568
29% Mar
58
8,798
46
Mar
1
95
Mar
8,719
11
Mar
16%
39
Mar
45%
46%
35
13
14
1,726
preferred
125
23%
65
10% Mar
11% Mar
23
Mar
26%
1,688
25
Oct
162
162
162
35
155
Oct
.<18%
19
105
14
14%
70
14
14
14
7%
393/4
70 3/4
106
Jan
18
12%
12%
325
10%
18
18'%
850
15% Mar
98
98
2
102% 102%
5
of
*
_
.
20%
Jun
15
100%
Nov
102%
May'
9
25
8%
Nov
11
186
22 3%
Nov
27
Sep
Aug
Aug
15%
Dec
15
14%
15
1,392
12
•
23
23
24%
165
23
162
,99
83
83
80
43
596
Aug
40% Aug
85%
413/4
23%
23'%
24'%
2,724
20'% Mar
243%
47
46%
595
44 % Mar
49
50
Canada
com—*
—
83
"
243/8
-
.*
47
25
——
*
.
—
.
Mitchell
(J
S)
(Robert)
•
17
585
22
Mar
27
150
•103
144
Feb
155
Jun
17%
1,180
12
Mar
300
*
17'%
Nov
Jun
740
67
Feb
82
Nov
81%
82
530
72
Mar
83
5'%
5%
50
Nov
9
Sep
May
6%
7'%
755
Power
•
Canada
17%'
•
*
common
Dreferred
80%
25
<.
82
City
Steel
Biscuit
Corp
•
common
preferred
Gooderham
—*
Worts—.
•
Ltd
28%
*
5
101
25
Nov
101
Feb
2,205
24
Mar
110
20
Dec
24%
200
99%
45
34%
30
35 %
9,437
99
99
99
17
40
40
40 %
100
18%
Sep
31% May
22
Oct
22% Mar
28
May
Mar
100
Jan
99
20%
Feb
96
Jan
99
Oct
34%
Apr
45
May
35%
Dec
25
25%
25%
50
25
Nov
27% July
25
28%
28'%
10
27%
Oct
29
20
20
233/4
23%
May
20
425
20
Jun
21'%
Jan
24
1,085
21
Aug
24
Nov
26
26
26%
2,091
25
Feb
28
Jan
36
Royal
36'%
25
25%
;
25%
25%
1,138
50
50
$6,000
33'% Aug
23 % Mar
37 %
Feb
25%
Jan
50
50
Jan
BONDS—
3%
Light Heat & Power—
notes
———————1949
Jan
Montreal Curb Market
Canadian
Friday
Funds
Week's
Sales
Range
for Week
Sale Price
STOCKS—
of Prices
Par
„
Range Since January 1
Low
High
5
18
18
19
'300
15
Apr
233/4
Atlas
•
123%
12%
123%
1,045
10
Mar
133/8
Jun
5
5
3
4
Mar
6%
J->n
43%
43%
100
38
Sep
43%
Dec
10
155
Steels
Bathurst
Ltd
Power
——
&
Beatty Bros Ltd
Paper
class
—
B—.„*
*
——
Belding-Corticelli Ltd common
Belgium Glove & Hosiery com
Brand &
Millen
Brewers
&
Ltd class
Distillers
of
—
43%
100
162
162
162
•
A
lls%
11'%
113%
40
50c
50c
200
15
15
20
*
Vancouver_'_5
Class
Brown
Columbia
__
Packers
Ltd
A—•
__
12
12%
75
6%
Company
Canada
cl
6'%
25
Pulp~& Paper com—•
115
115
115
75
1
4%
4'%
4'%
100
104%
B
Columbia
common
-
&
Dominion
Sugar
•
—
Canada Malting Co Ltd—
...—:
*
50
Canada Packers Ltd class B—,—
,*
Canada Vinegars Ltd ——.
Canadian Fairbanks-Morse Co
Canadian
Gen
Investments
7%
preferred
Ingersol
Canadian
Inter
Rand
/
Apr
162
Jan
12
Oct
Aug
1.00
Jan
16%
Jan
14%
Jun
35c
13 %
Sep
11%
Apr
4% Mar
74
Feb
5,230
3% Mar
241
78 % Mar
Lt
&
213%
22
635
15%
Feb
23
Oct
50
50
100
Jan
17
45
44
Apr
15% Mar
50
17
18
Jan
10% Mar
12%
12%
31%
175
31%
Dec
34
May
17
17%
655
14
Feb
18
Jun
•
23
521
30
Jan
7%
Pr
&
Paper
—
3%
pfd—100
—,100
Vickers
—.
Ltd
Canadian
32%
Jan
Cassidy's Limited
Western
'
preferred
23
24
170
1
Jan
176
78
78
50
61%
Jan
78
3%
3%
90
2
Mar
4%
98
2
98
Dec
106%
Jan
30
30
55
8
Mir
39%
Jun
1.75
19% Mar
162
18
Aug
Claude
Adv
Commercial Alcohols Ltd
Gen
Ltd
Ltd
7
Sep
8
Apr
9
Feb
11
5
Mar
250
2%
154
11
30
55
55
110
135
135
10
3%
3%
7,750
12%
350
12
May
14
113
Nov
130
1%
Feb
Apr
3
July
2 3/4
May
Mar
14
Jun
20% Mar
60
Oct
Feb
199
10
130
3%
Apr
Oct
4% May
Jan
170
108
37
37
37
30
26
Feb
37
11%
11'%
11%
50
11%
Dec
13%
Jan
30c
30c
120
25c
Oct
503
Jan
65
Aug
*
com
100
—
'
113
1.45
Oct
Jun
Jan
Oct
52
52
16
46%
Apr
53%
6
880
33/4
Feb
73/4
11
52
11
350
3
Sep
15'/8
35c
35c
11
35c
Mar
16
16
2
16
Jun
17
July
July
20
Jan
28
Mar
July
100
1.90
2
10 %
Jan
Nov
*
common
Preferred
25
650
3%
2
100
Ltd
24%
common..*
—
Catelli
Chatco Steel Prod
Neon
—
—_1
common
Products
—v
100
Lumber Co,—
Apr
Food
—
•
common—
Oct
170
12%
2%
*
i
Jun
—
com—•
——
preferred
25%
7%
Inv Ltd
—
14%
98
—
com—♦
Co
preferred
Jan
Jun
31%
Canadian Marconi Co _—1
5%
6%
115
17
•
Inv Trust Ltd
Pr
8% Aug
134% May
31%
100
Co
Canadian Inter Inv Trust 5%
Canadian
Nov
—*
—
Canadian
103 105%
7%
Jun
—•
_
Ltd
Canadian
Nov
High
Anglo-Nfld Develop Co Ltd
Jun
1162
Low
Shares
20
20%
425
193/4 i
Nov
953/8
953/8
10
953%
Dec
*
22
23
6,012
14%
13%
14%
9,818
100
100
10
16
Mar
9% Mar
95%
Aug
9%
Sep
21%
Nov
100
23 %
Feb
Nov
16% Mav
100
Aug
18%
18%
18%
145
16
Feb
35%
34
35%
21% May
821
33
Nov
38%
Dec
common
•
—
Consolidated Bakeries of Canada Ltd—*
Consolidated Div
Standard Sec
cl
Prefered
A—*
*
Consolidated Lithograph Mfg Co Ltd—*
Consolidated
Consolidated
5%
Paper Corp
Textile
preferred
Crain Ltd
(R L)
Ltd
Mills
com
•
*
__
__
—
20
*
—
25
50
18%
19%
11,395
38
39%
185
9
Feb
18
—
18%
18 %
130
16
May
7%
7%
25
25
,»
8 % May
Feb
Nov
20
24
Jun
Jan
16%
29'%
99%
Nov
83/8 May
Mar
21
10
710
99%
^.100
1,
5%
22
17
17%
101%
5% Mar
20
common—
„1
11% Mar
28%
—,—*
i——100
—
25
101
16%
*
(George) cuttumm,.
preferred
Limited
25
101
————100
——
Grocers
7%
———*
—
Cotton
Nov
14
*'
Apr
150
610
——
14%
10
22%
—
Sep
Oct
July
82
Co
53
7%
0
Mitchell
Nov
48
16%
—100
——
Sep
31% July
43
*«"
com
Jun
7%
'
*
.
Oct
Dec
Mar
223/4
com
common
16
Jan
15»%
18%
101
9
1
preferred
21% May
12
Sep
22'%
1
14
Oct
Feb
98
Jun
July
10
_
12%
Oct
1
———
16% Mar
_
Molson Breweries Ltd
July
17'%
6%
of
Canadian
12
*
_
_
Jan
100
Montreal
Jun
13
«
common
68
93 % Mar
100
Canadian Industries common
34
73/a
Massey-Harris
McColl-Frontenac Oil
"*e.
Sep
Sep
Sep
«
Ltd
54% Mar
50
80
Nov
26
*
B
Corp
1,485
98
6%
14%
251/2 May
-
Mailman
preferred
Preferred
26%
—
A
5,917
58
98
,100
Nov
Jan
12
*
class
17
55 %
•
preferred
Chemical common
Co
20
*
common
Export
15%
57
20
Jan
8
12%
Feb
17
•
Feb
Mar
20
12%
11
Apr
16 V2
12
22
101
Nov
885
14
14
101
47i%
18
Nov
285
55%
Feb
17%
60
500
34%
Jun
37
May
May
Jan
21
573/4
♦
30
21
British
32
35
67
149
Jan
Apr
British
Dec
Oct
Jun
18'%
135
Feb
Sep
July
6%
Nov
17%
May
24% Mar
603/8
Apr
39%
98
35Vb
Feb
Mar
Feb
*
Oct
8%
23%
A)
Jun
8
*
Ltd
523/4
32
—5
common
-•
105
20%
8
25
,100
Struct
230
—
99%
♦-* O O
-15
_
3,181
203/4
*
common.
(John
44'%
29
5
49
43%
-
22
103
80
17
44
1,871
85%
99%
Jan
14
102%
52%
20
171
145
.
Oct
1,100
145
__
16%
2
6%
(John)
Ltd
44
Nova Scotia
Jan
109% 109%
253/8
common
Woods
5
common
Canada
18% May
73
6%
Canada-
Ltd
20
12
17
Commerce
July
25%
.
61
145
17
100
Nov
84
25%
...... .
of
150
61
19% May
18% May
35
*
preferred
Class
15%
20
...
Public Serv
MacMillan
16% Mar
14%
common
_
MacKinnon
413
133/4
__
Sons
16%
104
—100
Nickel
38%
145
common
July
173/4
,———100,
_
38%
1
May
19%
International Utilities Corp
Bros
29
25
Paper
preferred
&
Oct
104
_
Lewis
25
133/4
preferred
Lindsay (C W)
65
173/4
£1
preferred
Sep
*
Jan
25
193/4
International Petroleum Co Ltd,—
International Power
Lang
105
common_5
Intercolonial Coal common,._
International Bronze common
7%
170
May
23
*
preferred
the
Mar
98
14
•
preferred
of
165
5
84
•
preferred
Feb
1003%
13% May
1
99%
15%
50
Corp
153/4
8
38%
22% July
16%
•
common
Mining & Smelting,
Acceptance
455
20
Jan
25
50
Alabastine
of Canada
2034
Canadlenne
19% May
26%
99%
*
„
Imperial Oil Ltd
Imperial Tobacco
20
1013/4 1013/4
Dec
98
Montreal
16%
24%
100
&
20%
Aug
Sep
Banks—
Jun
*
—
inc
•
——
5% ' preferred
6% preferred
Jun
100
pfd
Nov
44 %
17%
Zellers
Jan
38
100
preferred
Howard Smith Paper
$2 preferred
Hudson Bay
Lake
Feb
*
—
Limited
16
36%
*
5%
4%
19%
Jan
100
Winnipeg Electric common
5%
preferred —————2*
Jan
100
Wares
Mar
25
17
4% %
Jan
22
*
common
preferred
5%%
preferred
General Bakeries Ltd
16
20
Weston
Jun
76
50
168'/2 168%
10
330
Last
preferred
International
International
Feb
22
100
Famous. Players Canada
Corp
Foundation Co of Canada
6%
27
38
*
19
43
98
Western
Jan
83/4
*
19
423/4
175
17
Walker
22% May
33% May
25
B
Ltd
preferred
4<%
26
8%
Donnacona Paper 4%% preferred—100
Dryden Paper
*
Eddy Paper Co class A preferred
20
Electrolux Corp
1
'Goodyear Tire
Gypsum
Lime-
Sep
20
Dominion Steel & Coal class
Nov
43
.
98
5%
Jan
22
Dominion Tar & Chemical red
pfd_23%
General Steel
38%
20%
*
Jan
28% May
175
Paper Co—
Press
Wabasso
Nov
Dec
163% Mar
675
162'%
Jan
58
•
Viau
10% Nov
16% Aug
131%
*
preferred
Gatlneau
Feb
21
35
———
Dominion
Nov
8%
*
—
5%
20
25'%
—100
United
Jan
22
745
Dominion Coal 6% preferred
Dominion Dairies common
15
31%
6,450
175
Sep
Mar
,,100
Twin
213/4 May
9
45
19
Oct
21%
43
49
Breweries
7%
Nov
10
4%
Williams
Standard
May
34'%
91% Mar
515
22%
*
preferred
Steel
14% May
14% Oct
12% Mar
2,881
31'%
36
.
11% Mar
671
127
19
Labatt
Mar
15%
23
Jamaica
Mar
16%
13%
615
175
com
preferred
Southern
Aug
10
9
285
1,980
23%
Southam
Nov
40
20% Mar
*
$4.00
95
751
*
6%
Feb
330
13
23
553/4
Voting trust certificates
Simpsons 4%% preferred
Jun
123%
Jun
May
54'%
100
preferred
Aug
126
13
26
*
:
Ltd
Corp
Lawrence
7%
Jun
47
13%
Sep
Mar
21%
*
Lawrence Flour Mills
Sicks
Jun
18%
35% Mar
12
Smelting—
Seagrams
Dominion Bridge
15
Mar
23
_20
&
413/4 Mar
23'%
55
*
Paper
Sherwin
23% Dec
Dec
33%
,
Mining
18
Canada
Series A 4%
Sep
33
125
10%
680
_•
——'
of
2nd
Jan
48
Jan
Davis Leather Co Ltd class A
5'jo
237/8
Feb
93/4 Mar
100
100
23
*
Shawinlgan Water & Power
Oct
15
1,295
11%
common
1st
Jan
Mar
30
11 %
•
preferred
Jun
11
21
Distillers
4% %
15
42
44
12%
—
Indust
Mar
100
12
Consumers Glass
5%
Mar
100
30
»
common-
Railway
St
Nov
33%
Cardy Corp Ltd class A
Gair Co
25
11%
Canadian
St
Aug
45
30
Class B
Canadian Locomotive
Canadian Oil Companies
7%
30
22
12'/a
Canadian Ind Alcohol class A—.—
7%
Jan
45
45
Apr
2234
preferred
2nd
Oct
22
*
——
Jan
45%
60
Tubes
Lawrence
1st
Dec
23%
20
St
8% May
Sep
17% Mar
405
39
45
1,020
*
Saguenay Power 4%%
July
24%
34
660
39
36
9
1,797
16
Feb
11
165
13%
63/4
Sep
35% Mar
180
90
.25
common
47
23%
Mar
39
42%
Power
Rolland
Sep
14% Aug
2,175
20%
7%
20
Nov
14% Mar
125
14
37
13
"25
_
Canadian Foreign
27
15%
common-
—
series
316
19%
.20
Canadian Cottons
29
24
47
Canadian Celanese common—,
$1.75 series
5
28%
250
23%
——.
„_—
16%
3,896
14
Oct
37
38%
38
Products
Ltd
Corp
Quebec
Sep
7%
9%
14
44
42%
common
preferred
Provincial Transport
Sep
28
.—50
Apr
.
Jan
3%
24%
36 3/4
common—'
30
.
5
4%
4% May
2% Mar
24
29
963/4
Nov
273/8
7%
1120
Steel
Price Brob & Co
27% May
Feb
223/4
24
*
2% Mar
293
Canada Iron Foundries common— —10
Canada Northern
Power Corp
Canadian Car & Foundry
873/4
24%
730
*
•
i—
Feb
Jan
190
•
20 %
Jan
11
July
24
8,325
*
common
7
lOd
70
—100
preferred
Power
May
*
:
6%
Jan
2b°/e
37
—*
Placer Development
Powell
River
Co
22% Mav
13
3
Cement common
Sep
183/4
26%
36
*
preferred
Penmans
Oct
3
Nov
37
Ltd
Mills
Page-Hersey
Sep
269/8
21
25
Rwys
Ottawa Light, Heat & Power
51o
preferred
Jun
22%
•
Feb
Mar
common
,
Mines
Flour
Ontario
29% May
12 % Apr
90
40
14
Jan
17% Mar
10
Canada
7%
Jan
50
*
Steamship
80
66c
2,119
771
Feb
3,320
Niagara Wire Weaving
Ogilvie
Jan
Oct
Dec
24% Mar
1,051
Products
Burrard Dry Dock Co Ltd class A
73/4
53/4 Mar
13
26
38
21
Ottawa Electric
65
174
High
1,384
19%
100
preferred
Noranda
Feb
Feb
15c
20
24%
_
preferred
44
100
A—*
preferred
8%
Breweries
Drug & Chemical pfd
National Steel Car Corp
Nov
22
pfd—100
cl
24
1,550
72
15c
23%
Building
$1.00
Dec
Feb
25%
B
Class
57%
43
24
Bruck Mills $1,20 partic class A
New
33% Mar
2,0 (2
26
Products
British
5 %
4,225
00"/4
-25
Columbia
Canada
57 V2
bo
,—*
British
$1.30
50
Low
39.50
20
National
Apr
4
39.40
*
Tramways
7 %
Range Since January 1
High
39.45
24%. Oct
Feb
43%
•
Power-
Preferred
Class
16%
13
*
British
50
213/4
»
Bralorne Mines Limited
Trac
30
22%
22
25
Telephone
39
2,762
38 %
26
—
•
Paper class A.
21% May
36% Mar
20 >/»
38
72
26
1
!
17% Mar
19'A
6%
—
High
Low
Shares
25
Locomotive
Montreal
19% May
22%
15c
,
Warrants
Low
12% Mar
2,793
preferred
National
Range Since January 1
High
45
•
Montreal
15 %
15
25%
-
50
Argus Corp Ltd common
4 % %
preferred
Brazilian
153/b
25
Amalgamated Electric Corp
Anglo Canadian Tel Co 4% % pfd
Bell
38
*
.
22%
*
$2.50 preferred
Acadia-Atlantic Sugar class A
Algoma Steel
Aluminium
Low
*
20
20
*
for Week
of Prices
Par
Montreal Cottons
Friday
STOCKS—
Sales
Range
gale Price
STOCKS-
Week's
Last
Exchange
14% Mar
7%
Apr
60c
Sep
Jan
21% May
39'%
19
8'%
Dec
Nov
Feb
?
Number 4757
168
Volume
THE
COMMERCIAL
&
CANADIAN
RANGE
FINANCIAL
LISTED
FOR
WEEK
ENDED
Friday
Week's
Par
David & Frere
Limitee
class
B
Dominion
Engineering Works
Dominion
Oilcloth
Dominion
Square
Dominion
Woollens
Donhacona
Ltd
Paper
Co
East
Kootenay
Esmond
Miils
Power
Ltd
11
Jun
44
125
33V2
Feb
45
38%
13%
*
80
13%
7%
25
225
21
7%
25
7%
100
preferred
175
57
20%
*
pfd
1%
•
2,515
70
Aircraft Ltd
Grain
Co
%<—
A
Mines
A
Paper Co
Ltd
Paints
(Can)
18%
19%
Oct
10% May
MacLaren
Maple
Power
Leaf
&
Paper
Milling
when,
Massey-Harris
Melchers
6%%
Co
1.25
1,745
2%
Jan
Central
7
50
4
Jan
9
Oct
Consol
110
5
95
July
J10
Dec
Dalhousie
Jan
Decalta
Mar
2%
4,075
2
Sep
25%
1,121
21
Jan
27
Jun
East
56
59%
3,380
42'/a
Feb
62%
Nov
Nuclear
Lt
Pr
Enterprises
16
Feb
40'/a
Nov
45
Jan
Paul Service
Power
10 %
60
10
Sep
15%
Jun
Home Oil Co Ltd
Globe
3
Mills
Sangamo
Co
50
8%
Apr
Omnitrans
200
29
Oct
31
Jan
Pacific
390
12 %
Jan
19
May
*
37%
37%
38
105
36
Mar
44
May
100
92
12%
332
36
75c
75c
3,049
26 %
27
120
10%
Oct
15
17
Nov
21
Nov
90c
Mar
30
,
1,062
5
75
::io
12%
12%
100
12%
Feb
22%
516
20
Feb
Okalta
26%
Nov
94
4% Mar
2b %
50
22
Feb
26%
29
29
21
29
Dec
125
65%
Feb
'
.
'
20
*
14
14%
400
Distillers of
Westeel
Products
75%
109% Mar
Exploration Ltd
Gold
Aubelle
Mines
10%
14% Nov
Apr
10%
Jan
21%
Nov
Acme
107
May
,.
300
3%
Metals
110
20
Feb
Agnew
10
60
10
Feb
11
Jan
3
50
Dec
53
15
250
13%
Oct
25
Jan
19
800
13%
Feb
19
10%
10%
25
9%
Feb
111 111%
51
-
104
111
Alberta
Lake
Bob's
Bonville
Gold
115
Aluminium
Aluminum
Nov
Amalgamated
Centremaque
Century
Gold
Mining
Cheskirk
American
Co
4%c
Mines
Jan
6
100
5
Feb
6
Consol
Central
—
14
2
14
Sep
18
Apr
Anacon
10
400
7
Aug
10
Nov
Anglo
Canadian
16
Sep
22
Nov
Anglo
Rouyn
Jan
23
July
38
Nov
Cortez
Dickenson
Dome
Dulama
Goid
Nov
Area
17
20
37%
125
27 % Mar
1.00
400
50c
119
9
8%
Mar
1.25
16%
Apr
17
4%C
2%c
3,500
Mar
3c
5,500
2c
July
12c
Apr
Ansley
3%c
Jan
Ltd
Ltd
__
Corp
Mines
——
f
Arjon
Mines
East Sullivan
Armistice
Gold
—
16c
Sep
17 %c
Jan
62c
41,800
12c
68 %C
3c
1,500
3c
Nov
7c
Jan
Astoria
Ltd—
Mines
-
—
Mines Ltd
Falconbridge
—
—
1,500
8c
Oct
22c
Jan
Athona
Formaque Gold Mines Ltd
Mar
6%c
6%c
4,000
4c
500
12c
45,500
5c
Goldvue
Gold
Mines
Hollinger
3c
Jun
Feb
Atlas
Nov
5c
6c
1,500
5c
Nov
5c
Nov
11c
12c
Nov
22c
Jan
2,000
29.000
1
13c
13c
14c
11,580
10c
4 %c
5c
7,500
10c
11c
500
Nov
13 %c
Jun
Oct
22c
Jan
500
43c
14%
328
13%
21c
28c
28,000
11 %c
13c
13,500
2.95
3.10
2,800
4%c
70c
68c
85c
31,100
55c
10c
10c
10c
5,500
10c
4.10
50
Nov
Cons Gold
International
Uranium
4.00
May
30 %C
Jun
16c
Sep
Nov
3.50
Mar
Jan
1.56
Jun
23 %C
Nov
Feb
4.70
Oct
Jun
Mines
Ltd
Mining &
Lake
Rowan
Lake
Shore
Lingside
Mines
Macdonald
11c
500
8%c
Oct
24c
Jan
30c
300
30c
Feb
30c
—
5.75
12
16,581
13
Nov
Jun
lie
Jan
1,500
44c
Dec
83c
May
4c
8,500
2%c
Dec
6c
Feb
42c
42c
500
Mar
58C
Nov
5.65
6c
5.75
6c
56
200
575
10%
75
5%C
3,000
1
36c
1
Ltd
Jun
4c
10
85c
4c
25C
4.45 Mar
6c
10
3c
7.65
Oct
13c
Dec
14% Mar
Jun
35c
Nov
40c
July
8c
1.45
Feb
Feb
39C
17,300
80c
85c
7,000
50%
20
11%
11%
100
11%
Oct
80c
11%
80
Apr
9% Sep
9
Jun
56 %
1,165
44 % Mar
65%
Jun
pfd
25
25%
25 %
25%
760
24
25%
1
10c
33c
_1
—
87 %c Jan
Sep
31 %c
Mar
Dec
13c
Jan
57
Apr
11c
14,000
32c
33c
2,500
Jun
38c
Jan
22 %c
Feb
41%
Jan
15c
55 %c
15c
J
39^000
8c
Apr
20c
Nov
104,700
17c,
52c 58 %c
49c
Oct
65 %c
Nov
4.65
Nov
4.25
4.10
4.65
184,720
28c
28c
28c
500
28c
Dec
68c
Jun
1
3c
3c
3c
3,000
3c
Dec
6c
Feb
•
6%c
6%c
8%c
164,100
4%c July
12
Oct
1
18c
17c
20c
8,400
6%c Mar
21c
Oct
•
6%
6%
6%
1,215
5% Mar
1.35 Mar
"
100
67
7% May
83
Jan
20c
20c
100
10c
Nov
75c
Jun
7c
7c
8%c
3,100
6c
Mar
15c
Jan
7c
6%c
10
12%
75
65
65%
Oct
class
A
1
Atlas
Bankfield
of
80c
100
80c
May
1.18
Jan
2.42
600
88c
Mar
2.42
Dec
3c
Dec
5c
Jan
35c
class
Consolidated
Nova
of
50%
Nov
6.25 Mar
1.90
65
Jan
Jan
Mar
Dec
12c
Feb
Mar
27c
33c
Sep
1.25
Nov
10'/a May
13%
Jun
1.15
1.05
1.25
126,600
12%
12%
12%
1,185
12c
2,100
10 %c
11c
12,100
8c
15c
16c
4,500
15c
2.95
3.00
1,400
—
*»*•
2,566
1
25
Feb
28
475
33
37%
Feb
36
37
225
32
Aug
Sep
38%
Jan
58C
54c
62c
103,905
21%
22
300
17
42
44
465
38%
8%C
7%C-
24c
Oct
7%c
Cons
Dredging Ltd-
New
Calumet
New
Louvre
Normetal
Mines
Mines
Mining
Ltd__
Mines
O'Brien
Mines
Gold
Cadallic
Piccadilly
Preston
East
3c
500
3.05
2.99
3.10
4,820
1.55 Mar
8%c
10c
13,500
10c
1.54
1.55
1,500
5%c July
1.46 Nov
2.17
Sep
44
Oct
60c
Feb
12c
11c
15c
20,550
11c
Dec
28c
Jan
11
11%
—
—
13 %c
52
14c
12c
616
36
52
13c
.
10'/a
'
Sep
Oil
•
common—
25
—
_
Electric
Forest
pfd
17c
2,000
11c
Nov
29c
Feb
Apr
5c
Nov
6c
Jan
3%c
500
3%c
14,000
7.15
2%c
3c
Sep
2,085
6.50 July
18%
19
1,647
17
5%c
5%c
1,000
24
23%
24%
1,428
25%
-100
—
Products.
•
91
3
__
*
Power
26%
*
B
27/a
12%
Aug
11
8C
Jun
Nov
Jan
23%
Jan
20
86%
Oct
99
2%
t>ec
12%
760
6%
105
26%
215
5c
2,000
4%c Aug
7%c
Jan
13c 16 %c
39,500
1
Mines
Gold
Mines^
1
Developments——1
Mines—
.—•
Crest
Rochette
Creek
Mines
Mines
Mines
Santiago
Sheep
Gold
Gold
Mines
Gold
3tadacona
Sullivan
Teck
Mines
Mines
Cons
Mines
For
footnotes
1.33
Dec
1.35
Nov
60c
67c
24.100
57c
Mar
89c
Feb
6c
10c
36,500
6c
Oct
65c
Jan
14%
15
350
13
July
15%
2c
2c
200
2c
Sep
6c
Jan
15c
7,400
8c
Jun
17c
May
50c
Ltd
1
Ltd_—^
2.00
page
46.
—1
28c
35C
3
100
43C
301,667
16c
27,300
1.72
500
2.00
2.10
6,000
7c
Oct
1.01 Mar
46C
1.45 Mar
17c
Mar
1.85
Nov
3.25
1
Buffalo
Red
2.40
111/2
Apr
4% Mar
24%
Jan
4% May
14 %
Sep
8 3/4
Aug
27%
Sep
3%
2
Apr
16c
Feb
43c
&
8,600
400
Julv
37c
14c
17c
8c
33%
A
Calgary
&
Apr
Flin
35c
Apr
50c
Apr
4% r!c
46c
Dec
67c
Jan
Class
1.35
10,714
99c
Mar
Jan
Canada
2.40
2.40
75
3.25 Mar
Red
preferred
Cement
Preferred
6Vac Aug
25c
Jan
36
Nov
5%c
Apr
Feb
15
Jan
Feb
21
Sep
9
Jun
Feb
3%c July
13%
13%
400
11
17%
18
195
13%
7%
7%
400
7%
Nov
5,000
Jan
Jan
NOV
28%
5c
5C
30c
Jan
3.65
Feb
7.60 May
6.30
6.00
6.80
50,635
7c
6%c
8c
33,500
6c
Feb
18c
Jun
51c
50c
59c
43,900
34c
Mar
65c
Jan
•
1
Lake
preferred
B
Aug
2.40
1
Flon
Canada Bread common
1,000
6c
99c
Sep
Noc
*
Oils
2,350
480
July
1.25 July
18
_
Edmonton
Callinan
40c
1,600
15c
7%
class
class
Campbell
34%
4,600
25c
13%
__
Co
Burrard
50c
Nov
3,000
18c
1.70
28c
5c
Burlington Steel
Burns
33%
Hill
Bunker
14c
Lake-
Products
Building
40c
2.36
•
Canadian
46c
2.08
*—
1.64
8c
—
Ankerite
28c
17c
Porcupine
Buffadison Gold
Buffalo
1.26
40c
1
1
15c
1.62
15C
50c
Ltd—-
38c
Oct
13c
♦
100
64c
2c
,_1
see
1.33
16'Ac Nov
14c
Ltd
Hughes Gold Mines
Broulan
Calmont
Ltd
(1944)
1.33
Apr
1
Sherritt-Gordon Mines Ltd
Siscoe
1.33
9%c
_*
Ltd
Ltd—I.
Gold
Dec
9%c
14%
Ltd-.
Co
3.15 Nov
Buffalo
1.55
Ltd_l
Quemont Mining Corp Ltd——
Red
9c
Ltd____l
Mines
*
Oil
Dominion
Oct
25
175
8,225
Feb
Feb
20
92
3%
Jan
22% May
26
26
3
Feb
4c
27 %
6%
•
A_.
25%
Feb
Mar
3c
6.75
May
55
10c
•4**-
6.90
18%
12
Feb
51
3,900
3%c
3c
Lake
B
British
Oct
42%
Jan
5c
1
Ltd
Dome
Labrador
Manganese
2.35
3c
——.
Porcupine
Quebec
2.42
■_*
Ltd—
Gold
Quebec
1
:.
Ltd
Corp
Norpick Gold
Pandora
_____1
Oct
Dec
Jan
18 %c
•
Columbia
Class
44
Apr
4,148
British Columbia Packers class A—
Class
22
Mar
Nov
4,200
*
Columbia
British
69c
Mar
Jan
25c
1
Columbia
British
9c
July
43%
1
Mines
Preferred
17,000
9c
5c
43%
*
Ltd
American
British
Nov
470
36
22 %c
'-
Pershing
Red
9c
7c
26%
24c
Brazilian Traction Light & Pwr com—*
Brewls
Oct
Oct
1
Gold
Gold
Bralorne
9
29c
8%c Mar
26
12c
Boycon
Aug
Sep
Feb
43%
Kirkland
Bonville
7'/a
4.00
Nov
1
Gold
Mines
2.75
——
common
2.50
2.25
2.58
2,300
1.90
Nov
2%
Nov
3.00 Mar
4% May
*
2%
3
150
100
-50
89
89
100
85
Nov
99%
50
50
85
50
Nov
68%
Jan
23%
22%
24
1,188
14% Mar
24 %
Nov
28%
28%
•
20
28%
240
27
NOV
29
,
Sep
Jan
22
*
Blue Ribbon Corp common—
Preferred
BobJo
85c
43%
•
Telephone
Bidgood
5,000
16c
Apr
Sep
37
*
A
25
20c
16c
Feb
7c
—
Yellowknife
8
17 %c
9o
36
26%
10
—10
class
Power
20c
-10
Mining
;
Nov
—_i
—
Scotia
Bros
Bevcourt
Jan
5c
4c
8
Toronto
Beaulieu
16%c
23,500
55,700
A__
Montreal
Bathurst
July
5c
7c
16c
-l
of
Beatty
Nov
5c
i
Metals
64,000
Oct
35c
12c
1
Bank
Base
12c
Jun
14%
Nov
Mar
20c
5c
1
Bagamac Mines
Bank
9c
39c
Oct
6c
11
12c
Mines
Electric
980
13c
*
Gold
Auto
2,078
1
Yellowknife
Aunor
7,000
13
22c
—1
Aumaque Gold
Bell
97/aC
7c
12
1
Nechi
Oct
10c
1
Oil
British
Jan
50%
5
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd
8.50
44c
4%C
i
Jan
6%c Mar
2%c
1
Ltd
20C
Sep
'
—1
Ltd
7%
Oct
Nov
103
Sep
55
Steels
Feb
5c
l%c July.
4c
2%c
_1
—
1,000
15,000
44c
1
1
Ltd___l
Ltd
Goldfields
—
_1
_
Co
Ltd
Mines
Gold Mines
Louvicourt
—
Explor
Mines
.
___.
—
5c
2%c
11%
1
_
5c
2%c
11c
__5
Ltd
Mining Co
Ltd_
Mines
Joliet-Quebec
Labrador
Mines
Mines Ltd
24%
Apr
Sep
5c
55%
♦
*
23 Va Mar
1,65 Mar
1
4.10
72c
Aug
12 %c Mar
1
1
16%
97
33 % Mar
(1937)
Bank
46%
12c
Mar
Feb
10c
14
23 %C
16c
4%c
46%
—'
5,000
1,700
__—_:
Jan
3%c July
7c
11c
—
15
7%C
21c
Aubelle
Mar
-
905
101
7c
18,500
Nov
5c
2%c
22%
101
•
Hardware
Atlantic
5%c
33c
59c
9c
1
22%
Rights
14c
Oct
Jun
6c
"l
Ltd
Ltd
Hudson-Rand Gold
Jack Lake
___—
Mines
22%
37
—
Ashdown
Aug
2%c May
30c
Lake
Found
21% May
——
Mines
Jan
Aug
*
Mines Ltd
Nickel
Mar
4%c
Quebec
8c
15c
■
2c
3.05
18
Nov
6c
—1
10% May
1,485
_1
Apr
10 %c
1
Ltd
Mines
12% Mar
20%
1
Aug
1
*
Ltd
Ltd
High
1,775
19%
4c
.1
*
6c
I8c
14
Low
15%
19%
50
Gold
8c
56,100
—1
Range Since January 1
High
15
56
common
5c
98,700
'
Low
Shares
4c
,
500
3c
r-
for Week
•
.
2,000
59c
I
.
8ales
Range
July
3%c May
Oil
Mines
2,000
i
—1
Oct
14c
—
6c
2c
__1
Nov
27
14,350
Gold
11c
47c
—
38c
15%
•
Mines
Warrants
Jan
3c
_
Week'a
of Prices
*
lie
10c
"•
Dec
Feb
Nov
52c
*
Mines
El Sol Gold
—
Ltd
Duvay Gold
Eldona
♦
__1
,
Ltd
Lake
Red
Mines
•
lie
Dec
31c
16
25c 31 %c
Yellowknife
8c
8c
3.65 Nov
32c
30c
Lead
3c
1
Feb
16c
.
Dec
'
54c
57c
Nov
55c
Nepheline
11c
•
~1
Ltd
_— —
Explorations
Cournor Mining Co
July
500
Apex Consol Resources
70
4c
Mines
5c
3.05
32c
300
—
Larder
11c
'
__1
Ltd—.
Cadillac
75
Apr
May
Nov
2c
__1
Ltd
113,800
1.82
Mines
22
4%c
—
Ltd
38c
24%
Mar
9
Canada
of
May
1.00
1
-uu-
Corp
Mines
31c
24%
75c
Nov
*
16
"
Ltd- __1
Ltd.
Mines
3,400
32%C
70c
Ltd
45c
Feb
37c
22
•—.
2%c
Ltd——
Gold
13,700
32c
July
1
30
5,812
37
»
Candego Gold Mines
25,000
3.65
Nov
8c
70c
common
Jan
*
Mipes Ltd
Cartier-Malartic
8c
3.05
14%
70c
Cons
18
.
15%
•
Ltd— III
Ltd
6,600
May
83C
Feb
1
Pacific
41c
22
1
-
—
Mines
1.80
2.25
Dec
5.20
1
9
'1*.
*
Ltd
Gold
1.65
•
Yellowknife
Alger Gold
Algoma Steel
May
10% Apr
Feb
Surpass
Preferred
Bouzan Gold Mines
18c
*
6
*
-
Mines
14 %C
Jan
1.25
77c
•
A
18
'
~
Ltd
Mines
24,000
21,185
119,900
•
Oil
41c
*
•
Ltd———
Gold
5,300
83c
00
14
A
r_—
Lake
4.00 Nov
May
15
&
Akaitcho
50
—
-100
Yellowknife
1.72
14%
100
Gas
10
lloo
Mining^Corp Ltd_.
Red
Beaulieu
Nov
Bale Price
Ashley Gold & Oil
Beatrice
Nov
13c
Jan
77c
__
Preferred
6c
Base
32 %c
Feb
3.25
35c
$1.60 preferred
Acadia-Atlantic class
Oct
.
Minerals
Nov
8%c
100
1.55
Par
Mar
16
Oil
25 %c
1,000
12%
a
Abitibi Power & Paper common
Oct
13
Ltd
&
210,400
13c
7c
_
Apr
112
Stocks—
Ashley
Nov
3.70
Last
1,140
»
Ltd
32%c
Friday
19
Alger Gold Mines Ltd
Mines
27c
a
STOCKS—
Argus
Mining
Apr
1.65
a
Petroleum
50
.'
Arno
52c
15 %c
_
Ltd
Dec
5%
'
Hotel
Feb
Canadian Funds
20%
'
Windsor
38c
1.80
Toronto Stock Exchange
5
1
Ltd
500
3.15
__
Western
110
100
United Securities Ltd
45c
Dec
1.60
3.70
1.55
a
Ltd—
Co
Royalite Oil Co Ltd
19%
—40
pfd
Canada
Jun
Rights
5
"
United
32c
13%
_
29% May
———_—
—
1
Apr
73%
73%
111% 111%
*
•
91%
26 %
«U.M
•I,
Ltd
Canada
Oils
Oils
American
of
Jun
100
13c
27% May
22
'
Gas
Jan
60c
lie
45c
--
5% May
13% Jan
*
Thrift Stores Ltd
Nov
7.50 May
Jan
43C
NOV
42c
Feb
36,800
28c
a
__
May
93%
5
;
Union
2,500
4.60
Jan
3.75
Nov
25
92
com
class
57c
1.60 Mar
19c
Jun
75c
«
•
_
5
_i„_•»
Ltd
Oct
NOV
5C
Aug
11-
yl7% yl7%
—
75c
—
—_
9.65
1.80
32c
10
30
pfd—_ I100'
„lo
1st
Ltd
Co
14%
Pacalta
17'A
Ltd
Screw
Apr
New
30
4
Ltd
Co
Oct
May
31% May
4
20
Co
Invest
Jan
16%
Co
Southern Canada Power 6%
Southmont
2%
17%;
—
Industries
Stowell
200
25%
Quebec Pulp & Paper 7% pfd—
Russell
3%
650
——
_____^
Feb
July
■6%c
77c
26
—.
»
of Can 6%
Flour
Preferred
2c
14c
*
—
_
10
-
Stores Ltd
Corp
Purity
53c
*
Ltd
Gaspe Oil Ventures Ltd
10%
10
pfd__20
Orange Crush Ltd
4.75
20% Jun
40
—
Ltd
Co
755
pfd—_ I100
6%
Gas
17%
26
——
Ltd
&
Jan
9c
1.60
14c
*
Ltd—
Co
&
40%
•
Corporation
5,800
——
16%
preferred
Scotia
40,200
6.65
*
40%
Montreal Refrig & Storage Ltd com
Nova
37,300
42c
6.25
,
Ltd
16%
10
common_
Paper
4.65
35 %c
53c
»
Ltd—
Co
Ltd
Oil
Oil
4.10
37c
6.25
*
Oil
40%
10
—
Ontario
Oils
Crest
4.25
Ltd
Oil Co
Foothills
Pan
pfd
Ltd
preferred
&
Oils
Dev
&
LeDuc
2ya
3%
Oil
Homestead
25%
I—*
conv
4%
Distilleries
Minnesota
Moore
*
Jan
57%
A-*
com.
and if__
as,
McColl-Frontehac Oil
1st
*
Calgary & Edmonton Corp Ltd
19%
Dom
25%
Co__i.-.
Ltd
CO
Teleg & Tel
"Rights"
6%
a
Dec
*
Maritime
2.60 Nov
•
Corp
16
I
•
Nov
'
British
25
80c
Ltd
Anglo-Canadian Oil Co Ltd
110
*
cl
(Walter M),i—
High
Sep
2c
Oil Stocks—
23% May
6 Va Mar
Oct
Loblaw Groceterias Co Ltd class A—*
Lowney Co Ltd
Low
90,500
15,500
34c
Jun
10% Mar
—J*
Ltd
30,000
l
Mines
29
*■
Int Metal Industries Ltd class A—
1G4
57/BC
*
Westville
2%
Hydro-Electric Secur Corp
International
8.75
4c
Waite Amulet Mines Ltd
Nov
1.10
10
».
8.70
Jun
'
Halifax Insurance Go
8.70
5%c
39 %
*
.
3c
57
•
com
preferred
2%c
Feb
*
A
3c
Feb
1
class
1.25
Range Since January 1
High
1.14
33
*
Companies
Lakes
Ltd_
LOW
1.16
37 y4
Aug
100
*
Ford Motor Co of Canada
Class
Malartic
25
*
1
—
Fraser
Vinray
16
1.25
—_5
class
6%% red preferred
Fleet Manufacturing Ltd
Great
Nov
Calmont
Fairchild
Shares
1
Corp
'
.
Federal
Asbestos
25
16
of Prices
1
United
7
—20
8alM
for Week
Range
Sale Price
Par
Feb
38%
—^
STOCKS—
High
6%
56%
Ltd
Eastern Steel Products Ltd
Low
2
*
Worsteds
High
1
43
•
Week'a
Last
R^inge Since January
8
*
Corp
&
8
•
*
Linoleum
&
Low
*
Friday
Shares
43
1
3
fcr Week
of Prices
.
-
Sales
Range
Last
Sale Price
(2359)
MARKETS
DECEMBER
.
STOCKS—
CHRONICLE
Jan
July
'
44
THE
(2360)
COMMERCIAL &
RANGE
Friday
Low
Iron
Canada
Northern
Canada
Packers
Class
A
Canada
Permanent
Canada
SS
Lines
Preferred
Canada
& Cable
Bank
of
Canners
class
Class
180
13
12
11
Mar
37
126
35
Feb
78%
78%
55
*
25%
25%
25%
190
A——
——
.18
187
24
22
May
23%
1,045
19%
20%
2,957
17% Mar
18%
18%
125
26
26
25
•
26
16% Mar
23
10
28
common
13%
590
15%
15%
16
585
15%
Apr
18%
Jun
*
90 %
90%
91%
90
56%
Feb
95
Nov
23
38 %
38 %
39
115
•
8%
*
_—
.
Canadian Celanese
common
Preferred
-—
Canadian Dredge ~+_—Canadian Food Products common
13
Preferred
50
16
Mar
25%
300
8
Mar
12%
Jun
77
77
15
77
Dec
50
50
5
45
Mar
8%
100
Apr
19c
May
10c
,11c
6,300
8%c Oct
17c
Nov
4c
4%C
4c
3c
Oct
7%C Feb
Nov
14c
Apr
2.90
Dec
6c
7c
3,500
2.68
2.90
63,350
1.95 Mar
5%c
6c
6,000
4%c Aug
3%c
3%c
3,000
3c
Sep
10 %c 11 %c
5,000
3,000
8%c
Sep
2c
Aug
3%c
10'Ac
3%c
3'Ac
—*
100
Nov
49
Feb
53
Oct
10%
10%
200
10
May
11
Nov
—
17%
3,235
15% Mar
20%
41
41%
75
40% Mar
44 % Ma7
4%
—
1
Mines
5
550
80c
—
81c
4
60c
5,300
Mar
Mar
1.15
56c
16%
4,100
55c
Nov
3.20
18c
1,000
17c
Nov
16%
1,685
13 % Mar
3.25
150
Jun
37c
3.25
•
60c
15%
60c
1
Jun
Nov
5
18c
1
Nov
120
16%
41
*
Gold
4%c Mar
15
155
16%
*
_
Jan
52%
__
*
1
Feb
9c
52 %
*
common
16c
25%c Jan
103'A 103'A
—50
_—_i
3%c
Jan
6c
9,100
6c
2.80
_1
_
__
High
1.09
May
Apr
17% May
Jan
9
Nov
lie
1
Gypsum Lime & Aiabastine
20%
20%
—
Lead
Gunnar
Oct
40
Feb
34%
Gulf
—
Mackay class A
Paper
A preferred
Greening Wire
Guayana Mines
Jun
36c
7,300
1
———
—
Great Lakes
Jun
14%
Apr
Mar
Gordon
13,300
*
__
—.
__
Preferred
40c
14c 14 %c
1
—
__
__
Mining
Goodyear Tire common
Jan
22%
Porcupine
Goodfish
Jun
20
20
Mines
Nov
36c
14c
1
___
.
Mines
Goldvue
Jun
Low
High
r
1
Goldora
24
23%
:___
Arrow
Manitou
Oct
85
•
Eagle Mines
Golden
Range Since January 1
Low
38c
1
Golden
Jan
31
Jan
Gold
Goldhawk
July
70
21
common
Shares
1
'
-
Jun
14%
42
21% Mar
10
Commerce
Gold
Jan
201%
Sep
13
35
186-
Mines
Goldcrest
Apr
Jan
38
18
20
Car
A
11 %
Oct
Sep
15% Mar
25
13
preferred
Canadian
9
33
75
•
35
Breweries
Canadian
17
110
33
17
Dec
53% Jan
Apr
50
...
Canadian
33
17
100
_V—
B
33
43%
—•
Mortgage
Canadian
1st
9%
•
common
...
Wire
Class
180
•
class
B
for Week
•
Gold
Lake
Goldale
25
13'/a May
55
50
9%
.*
Power.
25
49
50
God's
Dec
9
Dec
9
150
25
Malting Sh Warr
Sales
Range
of Prices
Par
High
Low
9
Week's
Last
Sale Price
STOCKS—
1
Range Since January
Shares
High
9
Foundry common,.—10
Canada
DECEMBER 3
for Week
*
Canada
ENDED
Sales
Range
of Prices
Par
Canada Crushed Stone
WEEK
FOR
Friday
Week's
Last
Sale Price
STOCKS—
MARKETS
LISTED
CANADIAN
Monday, December 6, 1943
FINANCIAL CHRONICLE
,
Hallnor Mines
90/
Feb
Hamilton
50
'
Dec
Hard
1
Bridge
Rock
Canadian Gen Secur class A—-i—...1
50
Canadian
Indus
•
12
12
12%
310
10
Mar
14
Oct
Harding
Canadian
Locomotive
•
33
32%
33%
260
21
Mar
34%
Nov
Harricana
Canadian
Malartlc
•
60C
65c
3,500
88c
Feb
Ilasaga
•
14
14
200
15
8%
*
___
Gold
Mines
8%
9
385
20c
1
23c
3.25
22,225
Dec
5.00
6% Mar
12c
Feb
97/a May
35c
July
Sep
Jan
Canadian Oil
Cos
8 %
preferred
Canadian
voting
.....
i
—
common
preferred
5%
"A"
Alco
—
_—100
______———
100
:
Pacific
145% 145%
10
102
25
157/a
16%
16%
23
Railway
Canadian Tire Corp
A
Canadian Wireboun'd class A_
23
*
24
1.08
1.82
162,275
1
1.10
1.09
1.18
5,085
1
14 %C
14c
15c
7,000
24
Central
Patricia
Central
Porcupine
Gold
Mines-
——
Centremaque Gold
1
~7
Mines
Chesterville
Chimo
7%
11c
2.40
2.50
12C 12%c
»
1.52
—III
Malartlc
Cochenour
Willans
Cockshutt
Coin
Plow
Colomac
Consolidated
20c
Consolidated
Bcattle
11
m
''■''Av-ta,
22c
1
D'Aragon
100
Nov
30c
Hudson
Class
Huron
Mines
Nov
85c
Nov
70c
Sep
32c
Mar
Oils
15c
Jan
18
Mar
10%
10%
100
10%
20% July
11% Oct
12%
14%
90,455
5.35
Feb
15c 17 %C
18,600
15c
49 %c 49 %c
56%
Ltd
8c
6 %
6%
6%
Nickel
23
Jan
27%
27%
30
23%
Apr
28
Nov
20
25,412
20
Nov
19%
19%
13%
13%
14%
25
25%
18
18
25
class
A.
■*
26
100
International
Milling preferred
Nickjsl Co eommon
Apr
1.00
Jan
101
100
_
19c
7c
Mar
Mar
Oct
Jacknife
101
359,830
19 %c
Nov
Detta Red
Lake
Dexter Red
Dickenson
i.
95c
Nov
l
Jan
105%
39%
16%
27,800
40c
Mar
84c
12%
13
Uranium
1
43c
43c 46 %c
Gold
V
*
4c
3,000
8c
Aug
21c
Oct
1,500
3c
Aug
7c
Jan
Nov
58c
Feb
6c
Gold
1
13c
12 %C
14c
Mining
Mines
Ltd
31c
Kerr-Addison
*
...
10
Foundry
Dominion
Steel
Coal
&
Tar
class
Donalda
B.
.25
.1
64c
Jan
Feb
22% May
Labatt
Nov
23% Mar
24
Sep
>
(John)
.
Chemical
pfd
common
23%
Lake
Dufault
Lake Fortune
Gold
July
Oct
2,705
11%
Nov
15
Jan
14c
230,050
7%c
Oct
22c
Jan
36c
36c
1,100
Nov
60c
Jun
1.15
•
.
37c
12%
10c
1.16
1.25
32c
25%
Jun
Jan
3,795
4.10 Mar
7.75
3c
3,000
2%c May
6%c
1.16
1.08
1.35
52,700
38c
Mar
4c
4c
1,000
2c
Feb
5c
May
6'Ac
6'Ac
1,000
6c
Nov
15c
Jan
—
*
Mines
1
Lake
of
4c
1
Mining
—"
22%
520
1.36
Jan
Oct
Jan
12% May
Jan
Dec
5.80
Wasa
28
Mar
Jan
19c
3c
Shore
Feb
Mar
6
1.78
Apr
Nov
.
5.60
Lake
6
22
11c
2,000
.
5.80
Lake
Dec
469
1,500
1.15
10,150
11c 12 %c
—
1
2%
11%
17
16%
17%
855
13%
24
24%
550
21'A Mar
26%
Jan
21%
21%
325
19% Mar
22 %
Aug
11%
11%
105,
11
13%
13%
2%
25
19% May
Feb
Woods
Milling
130
10% Mar
*
26%
100
2.35
200
5.55
338
5.40 July
19
50
14% Mar
16% Mar
Nov
70c
26'A
Nov
1.95 Aug
Jan
30
May
Jun
3.00
Feb
6.95
Feb
21% May
5c
5%c
3,000
Sep
7%C Feb
5c
5'Ac
6,600
3c
Jun
11c
Jan
3%c
3'Ac
3%c
8,6QQ
3c
Aug
8c
Jan
3
14
14
14%
320
12
Mar
17%
20
20
125
20
Dec
20
Dec
300
10%
Dec
10 %
Dec
6c
Nov
5c
1
54c
*15,775
48c
Nov
Feb
Lapaska Mines
20c
28c
336,100
17c
Jan
30 %c
Jun
Larder
1
12c
11 %c 13 %c
114,500
4c
Aug
16c
Nov
"U"
5c
1
Lapa Cadillac
50c
22c
1.10
25c
19
—
10
1,450
5.50
*
Gold
2,615
29c
2.35
'
10%
26%
•
Lang & Sons
13% May
18 % Jun
Feb
10
29c
10
*
common
La Luz Mines
50c
Duvay Gold Mines
15c
11%
12c
1
—I
___.
Mines
•
Ltd
23,250
12 Va
1
Gold
_1
Mines
Jun
22%
Rowan
26%
I"
Mines
Nov
14c
22%
Lake
2%
.*
59c
Oct
22%
Feb
10%
21%
Mar
4c
*
Ltd
27
25%
*
Woollens
Gold
65c
13%
100
25c'
2,000
24c
1
Labrador Mining & Exploration
Jan
Oct
1
—
Lamaque
&
Dominion Textile
Dominion
26%
1
Sep
2%
25%
._l
......
Dominion Stores
Dominion
Kirkland-Hudson
Townsite
1
28c
I,755
31,900
6c
22c
1
,
Lake
■
11%
Steel.
&
Magnesium
14%
26
—
Dominion Electrohome
Dominion
13%
14%
.
Dominion Bank
Gate
Kirkland
16%
13,300
1
Golden
Kirkland
2,625
34c
30c
44c
4%c
Jan
20%
19
41c
12 %c
Jan
22c
1
1
•
Mar
23c
19
*
42c
7c
3%C Oct
5,350
Mines
Jun
2,000
6c
Quebec Mines
Jun
May
4'Ac
6c
Joliet
Dec
11c 13 %c
1
1
Kelore
Jan
98% Mar
103
Apr
12%
82c
24,900
24c
Jan
31% May
102% Jan
Mar
*
45c
26c
24c
•
May
11
Petroleum
48c '• Feb
Nov
July1
.
Nov
11
55c
Oct
25
4.665
Mines
Laguerre
Diversified
Dominion
"■
20c
43c
53c
_—
July
I,500
45Cv
-1
Seagrams
10c
21,200
29c
50c
10c
Apr
July
29,637
35%
Kayrand Mining
15%C Oct
31,550
29c
l
.
Dec
29% Mar
34%
Jellicoe
Dec
1.60
■
A——1
_
Lake
Discovery Yellowknife
Distillers
10%c ll%c
10 %c
5
Lake
Red
8'A
10
35
Jack Waite Mining
33y2c Nov
21c
49c
Mar
Jan
Oct
18
Aug
4c
34c
10
105% 105%
•
■
26% July
5c
14%
25 %
Mar
14
290
Oct
21%
17,800
Mar
24% Mar
3,400
Co
Mar
12
1,025
"
common
14
8,288
25%
26
Aug
10c
9%c
Dec
Oct
26
6c
50
8%c
Jan
6%
21
*
Metals
45c
2,200
10%
Dec
Dec
25
100
May
4,100
1.05
Dec
Nov
Dec
21
4,300
55
146,800
1.01
%
6%
8c
200
6c
Jan
9c
Qr» :
60
Jun
7%
37c
International
23
1.05
49 %C
Jan
2c
Jun
Jun
Nov
6%
8%
Mar
49c
Mines
47%
36c
May
43%
6
42c
Feb
21%
35c
90c
9c
26c 33 %c
Nov
6%
8%
Nov
23
28c
Oct
Nov
21%
5 %c
July
40c
*
14 %
Mar
26c
171,500
1
International
9c
1
_
13
Nov
44
1,505
5%c
1
Nov
45c
•
...
12c
18c
700
56
6%C
6
35c
42
13%
7%
Dec
Jun
&
Jan
35c
6'/a
8.50
Gold
22C
i
Nov
100
Lake
International
Jan
*
A_._
7c
3,250
49 %c
25
,
Inspiration Mining
Kirkland
Denison
Dularna
Aug
200
(John)
Inglis
1.60 Nov
•
Nov
10c
500
36,000
10o
—
;
International
1,000
14c
19%
Feb
Nov
154
Mar
70c
55c
Sep
12
♦
;
paid--
preferred
Indian
Jun
131%
Jun
lie
91% Mar
7%c
9c
10
Imperial Varnish
Jan
47c
55c
Sep
6%
a
Oil
4%
42c
7%c
5c
56%
Bank
1
class
Delnite Mines
Dome
A
Erie 20%
Imperial
800
55c
2,500
75
1
1
B
&
Feb
Jan
7%c
7c
Aug
16%
100
May
8%c
6,650
*
27c
Oct
51%
75c
47
Bay Mining & Smelting—
Malartic
17
Feb
10
2,500
Mar
28c
Imperial Tobacco of Canada ordlnary.5
5,100
50c
47
Imperial
37c
1,100
27c
Nov
18c
Jan
14,100
50
Nov
25c
24 %c
10c
1
Hunts Ltd class
Jan
2.45
1.72 July
10
991
Dec
Jan
68c
11%
1
preferred
—
*
#
Leather
Decalta
Nov
51
____—_______—_
Petroleum
Davis
6c
37C
35c
1
Mines
Smith
Aug
3.00 Mar
Jun
19,375
13c
95c
Joburke
Aircraft
Da vies
Howard
Preferred
13c
Patricia
Gold
*
13%c Aug
145
Nov
6'/a
9c
136
.VA—
—
OH
Hosco
Oct
Nov
'
Croinor Pershing
Crow's Nest Coal
Crowshore
Home
Hugh
5,480
29c
11%
80c
1.35
1.18
1——1
;
12 %c
'
•
5
Apr
152 152%
1.18
-
7c
800
19
_®
B
Feb
4,505
Oct
31c
12c
13c
Manufacturing class A_
Class
Dec
139,700
2 %c
68c
—*
Mar
49c
500
6%c
July
.47c
6,693
8%c
-
—
68c
-1
1.55
525
1
Cournor Mining
Crestaurum Mines
Cub
«
Exploration
„_1
70c
3%c
31c
3iC
5c
17c
152%
Conwest
Nov
62c
16c
123% 126%
126%
62c
Jun
May
1.04 Sep
3%c
—
46c
11%
l4c V
15c
Consolidated Mining & Smelting. .111-5
Mines
Howey Gold
Hoyle Mining
2,000
43c
45 %c
_
15c
4,320
80c
47c
—HI2
Mines—
Consolidated Duquesne
Consolidated Homestead Oil-
Mar
13,200
6c
75c
*
Mar'
2.2C
620
13'A
5c
Feb
75C
Mar
4c
5,100
20c.
5c
5c
1
Bakeries
1.98
13%
9% Mar
3,800
_1
Dauch
&
Holden
Feb
8%
Nov
7
30c
2c
1.84
Hlnde
Jan
16C
Aug
4,132
35,400
—
Petroleum
5c
92,000
350
8%c
1
Hollinger Consol
Oct
6c
——1
Yellowknife
Commonwealth
33C
-
July
37c
13
Jan
7C
5c
13%
____
1.40
Mar
Mar
79c
32c
1.85
1
•
j.„______
Lake
July
12%
7%c
Jan
Nov
3,000
~5C
Sep
2.65
1.82
1.55
37c
Citralam
26
Aug
1.05
2,173
—
Chromium
July
11%
7%C
Hlghbridge Mining
Highwood Sarcee
Jan
13C
199,000
2.45
1
■
3,000
9c
26%
1.00
200
50c
21%
Nov
Lake
Mascot
Heva Goid
12%
1
Red
Highland-Bell
Jun
41c
5,500
11c
—
Mines
Gold
7
50c
—_«■
——
Chemical Research
Cheskirk
7c
50c
Chatco Steel preferred
6%C
Jun
24
8,600
1.45
Gold
Hedley
Jun
103
12% Mar
220
1.02
1.65
•
Oil
150
23
50
1.06
Central Leduc
99%
18,954
V
Nov
Mar
140
*
1
;
Gold
Headway
Mar
11
50
102
"102
Nov
60c
Carpets
1
—
Mines
Laura Secord
3c
Jan
'
&
Lawson
East
Amphi
East
Crest
8c
Oil
East Leduc
Oil
Sullivan
Eastern
10 %c
1.70
Mines
Steel
3.00
■
7%
19%
Easy Washing Machine.'.
8c
1,000
;
13c
46c
111,800
1.68
1.77
II,400
3.10
7c
'219,625
37c
39c
East Malartlc Mines
East
8c
11 %c
...
6,475
2.90
33c
Jun
Jan
5%c Mar
13c
Nov
26c
50c
Class
A—
-20
2.08
3.50
1.64 Mar
7%
8
865
6lA
Sep
10
19%
19%
200
15 y2
Feb
19 y8
Eldona
430
16
Mar
20
36c
II,150
24c
July
74c-
1
Gold
Sol
16%
33c
70c
67c
87c
1,065,300
55c
Mar
—1
Gold
El
16
36c
10c
9c 10 Vac
17,900
8c
Nov
Mines
16%
Empire Brass class A
21
Equitable Life Insurance
Eureka Corp
.....
-25
..1
21
Lebel
Feb
11
Jan
Oro
1.00
Little
1.54
25c
May
Falconbridge Nickel
Famous
Lunward
Jan
Lynx
Federal
Grain
Preferred
Aug
4.55
Jan
Products
4.50
1,315
14%
840
14%
37%
38
400
34
Oct
f
7%
50
"3.60 Mar
Dec
Mar
3% May
5.05 May
18% May
47%
Jan
9 Va
Oct
.100
111
112
140
1
4%c
4%C
500
4C
10
10
200
7%- Feb
2
2%
6,540
2
25%
25%
925
21
Feb
27
7%c
...
,8c
3,800
7c
Apr
15c
2.00
2.07
4,150
1.30
Mar.
84%
84%
10
84%
Dec
94
Frobisher
Gair
Co
Gatineau
5%
class
Gold
17%
145
16%
Sep
20
Jun
104% 104 %
10
Ncv
108
Jan
2%
___
A
....
Exploration
preferred
2.07
...
Power
.....
preferred
.100
*
common
17%
!ioo
...
85
Mar
Sep
Sep
115
7c
common.
3%
Jan
101
2.29
May
14%
15
17
Jun
100
14
Mar »
103
103
285
99
Apr
106%
Jan
4.35
4.65
3,555
2.90 Mar
6.10
Jan
Gillies
—I
7c
7%c
...1
2 %C
2%c
2%c
7,700
2c
Aug
—1
78c
74c
83c
225,950
52c
Mar
see
page
46.
1.09
4,300
21c
23c
8.100
20c
Nov
71c
70c
71c
4,725
67c
July
1.50
Jan
A
30%
930
Nov
260
1.25
Dec
59c
Jan
Feb
26% Mar
31%
24 %
Apr
29% Aug
35c
37c
24,750
35c
Nov
11c
11c
1,200
10c
July
20c
12c
15c
9.000
6c
Aug
25c
1.90
1.98
*
30%
30
27%
27%
1
class
Goldfields
1.05
36c
28
1.50
__1
1.95
1
85c
80c
85c
7,210
40c
July
9c
8%c
11c
20,000
6c
Aug
15c
26 %c
Nov
40c
75c
Nov
9
Feb
Macassa
t
Mines
MacDonald
Mines
Red Lake
Macho
River
1
—
MacLeod-Cockshutt
MacMillan
Class
Gold
class
Export
Mines
30c
1
^
32c
4,500
80c
5,216
10
80c
*
1.80
5.800
78c
1
•
A
•10 Va
500
825
*
7%
7%
7%
1
B
Madsen
Red
Magnet
..Malartic
Maple
2,000
6%c Aug
14c
Feb
Lake
Gold
2.12
2.11
„
Nov
3.00
1.95
1.54
11
9%
4% Mar
&
McCabe
20,700
12%C
1.74
6.500
1.50
3 'Ac
3'Ac
14,000
_*
12
——_____
preferred
Feb
Feb
Nov
Jan
Jan
Nov
Oct
Feb
July
Sep
1,425
2,000
15
Sep
6%c Nov
Oct
8c
6'Ac Nov
Oct
Oct
3c
11
31c
Grain
class
9c
10c
6,000
22%
22
23%
8,177
16
Mar
26%
27
305
24
Mar
17%
17%
25
—2n
,
A
9
McDougall-Segur
Nov
Mclntyre
Porcupine
—
$
12c
17c
50
50
50%
92
92
-
-
•
9%
Oct
8
Nov
16
M37
100
July
90
9c
15,300
860
Oct
May
18% May
Sep
Jun
6
45
-
-
30
Jan
9% Mar
19,655
12c
23%
7% July
25
14%
—
.100
1-5
17%
300
8
13%
—
common
—
Nov
83c
9
8
14%
_____
4%c
,1.—
Jan
Feb
1.95 Jan
Sep
2c
12%
4 %c
40c
Apr
10c
——_
B
McColl-Frontenac
Preferred
3c
11
4 %c
_1
3.15
Nov
Oct
»
common
Preferred
(L»
38c
1.66
1
Gold
Massey-Harris
Class
.
—
2.10
30c
1.66
_*
Milling
Mines
16,150
30c
1
Eastern
Leaf
2.24
1
Mines
Consol
Gold Fields———
Marcus
103
footnotes
1.05
23c
12c
Feb
4.55
For
1.05
*
Maralgo
—1
Lake
1
1
Jan
.100
Glenorq Gold
.Globe Oil
1.19 May
Mar
60c
Nov
May
11% July
Giant Yellowknife Gold Mines.
Preferred
2%c July
Goid
McBrine
General Steel Wares
128.200
Yellowknife
Manitoba
Motor
Francoeur
38,200
1.15
Jan
17%
—
common
Fleet Manufacturing
Ford
4.25
14%
37%
7%
Federal Kirkland '.
Fibre
4.40
14%
com..
...
4%c
93c
July
12
-1
.
4'Ac
94c
1
B
Jun
'21
.•
Shops-
4'Ac
♦
Groceterias
Class
Louvicourt
Apr
.•
Players
10%
*
Ltd
Mines
Lake Gold Mines
Macfie
Fanny Farmer Candy
10%
*
Oil
Long Lac
Jan
Dec
19''"
44,605
10%
1
Mines
Gold
Leitch
Lingman
Nov
10
30
70c
——
*
Leduc-West
May
70c
100
11
83c
*
A
May
Feb
1.33 Aug
—1
...
Elder Mines
class
B
Loblaw
Eddy Paper class
Jones
'♦
Oct
-
17c
July
SOP-''Nov1
-
■
Nov
66
Mar
Volume 168
Number 4757
THE
COMMERCIAL &
CANADIAN
RANGE
FOR
FINANCIAL
LISTED
WEEK
ENDED
CHRONICLE
(2361)
MARKETS
DECEMBER
3
«-
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
STOCKS—
Par
McKenzie Red Lake
McLellan Gold
McMarmac
Red
33c
7,825
7c
7c
9c
30.500
Gold-
1
Milton
_
Moneta
226,000
1,705
11c
11c
11c
1,675
61c
55c
67c
14,300
__
_
_
*
Neilson
preferred
Calumet
a
Marlon
New
New
New
Nib
Rouyn
—
__
_
_
395
18% Mar
28
220
24
2.15
4,890
2.05
Oil
Apr
1,909
1,303
10c
12c
20,500
1
I
1
Lake
Mines
Pacific
Apr
48c
Aug
5%c Nov
7
7%
850
5%
5%
25
Cadillac
Pen-Rey
Photo
8,700
36c
3,900
34c
Dec
58,350
92c
Jan
29,500
10c
Mar
24c
Engravers
July
7'Ac
Jan
5c
July
16c
Jan
■
5c
1,000
5c
Mar
ll%c
Sep
1,200
6c
Aug
18 %c
Feb
1.15
6c
500
3.65
129,820
80c
29c
36c
200,550
38%
38%
435
93c
1
Voting
Power
*
trust
1
certificates
•
Metals
East
37c
I
Proprietary Mines
Purdy Mica Mines
Purity Flour preferred
75c
17
7%c
8c
3c
31c 33 Vic
8%c
10c
.-40
u
240
6%
Dec
1
11'Ac
11 %c
12c
3c
Oct
1
1.30
1.26
1.35
6,650
99c
8c
10c
14,500
8c
Nov
1
1.20
1.14
1.25
8,870
26c
28c
1,200
27%
Mines
l'Ac July
3c
May
31c
Dec
46c
Jap,
8'Ac
Dec
20c
Feb
35
240,466
2,190
2.63
1,127
6c
6c
500
34c
37c
4,500
44
45
580
67c
75c
146,000
68c
9,700
*
*
*
Tailors
„4
.
Mines
Iron
25%
4c
Jan
Aug
.;
28
May
17c
Nov
1.80 Aug
2.30
Jan
2.30 Aug
5c
Oct
3.50
Feb
25c
1
Class
17
1,645
11%
270
1.28
1.38
8,810
14
8c
1,200
4,000
B
52
52%
40
Keno
Jan
79c
July
10
Mar
12%
Jan
9
May
11
Nov
11%
11%
Jan
12
Jun
75
20
20
150
69c
82c
62,700
10
6,355
•
71c
9%
9
17% May
160
—50
....
50%
50'A
70
45%
17'A
17%
80
13'A Mar
2.25
2.35
9,400
1.15 Mar
7'Ac July
2.26
15c
15c
Oct
68c
48,800
55c
Mar
90c
8,800
52c
Mar
90c
Nov
86c
16%
Richmac Gold
(1936)
Riverside Silk
class
Robinson
Roche
Rochette
Roxana
33c
3,330
10% Mar
1,225
5'/a Mar
6,413
1.27
Nov
2.35
5.75
5.75
5.90
1,390
5.15 Mar
7.20
2'Ac
2'Ac
19
19
1,000
35
22c
22c
38c
5,200
8.70
8.65
8.80
6,820
28'A
29
2,270
8c
8c
28%
*
7c
7c
37
37
190
_4
20
22%
65
100
I
1
%
'
i„'
Wright-Hargreaves
33%
July
36'A May
24
24
890
22
Feb
v-
98%
24'A
99%
7'Ac
8 %C
/
7 %c
7%c
7%c
Knitting class A
B
—
Apr
Aug
lie
Mar
Feb
35'A
95
Apr
3%c
Oct
97
5c
5c
2,000
2.05
2.18
2,618
17c 18'Ac
17c
Dec
40c
Feb
55c
Aug
81c
May
3c
Oct
10c
Nov
—
—
85
2.00
Nov
60c
63c
5'Ac
7c
9,000
6'A
6'A
45
5% Aug
8%
Jan
3
3
46
2'A
4'A
Jan
—
Nov
Exchange-Curb Section
Week's
Sales
Range
for Week
of Prices
Shares
Jun
British Columbia
Sep
Brown
Low
Range Since January 1
Low
High
30
May
25%
45
25
Sep
30
May
Pulp & Paper com—•
1.15
1.14
1.15
190
72
Mar
135
100
28
Sep
33%
225
8
Mar
11%
lie
10c
14c
40,500
3'Ac
Oct
18c
Nov
14c
14c
3,000
Apr
17c
Canada
and Dominion Sugar
54c
Nov
Canada
Vinegars
Jan
Canadian
27
145
25
May
25%
26
14c
•
49c
49c
54c
76,300
25%
25%
25%
480
24%
•
9c
23c
Aug
23% Mar
16
Feb
27%
Oct
5c
Sep
16c
Mar
5c
Mar
23c
Jan
19%
Co
1
4%
%
4%
1,410
100
104%
102%
105
415
L——•
21%
21%
-*
12%
common
Preferred
Industries
4
3%
80
15%
6%
Jan
115'A
Jun
22
1,460
12%
12%
100
10
23 %
160
19% Mar
45
175% 175'A
—100
162
—1
Apr
Mar
Jan
Feb
♦
55%
53
56
—100
135
135
135
30
2
-3%
3%
3%
5,475
common
Western Lumber
Westinghouse
22%
50
22
Nov
26%
Aug
Coast
15
100
14
Oct
15%
Sep
Consolidated
83%
75
3.50
3.75
2,000
53
145
•
54
60
•.—*
5
54
1.40
1.50
410
*
Copper
18%
18%
19%
„
20'A
126
3%
39
1.00
Apr
Oct
Feb
Mar
Sep
14% Mar
7c
4,000
80
Aug
3.00 Aug
85
4.35
Oil
*
45c
41c
52c
5,112
13,800
Dominion
Bridge
•
28%
28%
36'A
20%
30
60
27
Feb
350
33
Jun
21
325
20
*
3.50
3.50
3.75
5,100
common
•
57%
55%
5.393
46
Mar
Paper
•
22
22
58'A
22'A
1,015
20
Feb
Paper
6c
15%
15%
I
40c
40c
43c
1
23%
23%
24 %
40
20,050
-
6C
14
Feb
38c
Oct
17c
Jan
Donnacona
Jun
15%
Nov
Foothills
Mar
67 %c
Feb
International
Feb
24%
Oct
Minnesota
520
20%
44% Mar
•
47
47
705
1
12c
12c
1,000
class A__50c
11%
11%
50
Oct
14
July
176
Jan
9c
July
33'Ac Mar
59%
192
Nov
Oct
Oct
4% May
54
Dec
2.25 Apr
21% May
60c
Jan
Aug
Dominion Glass
1
23
24%
Nov
13
Vickers
Preferred
15
83
3.60
Jun
Feb
Mar
23%
*
Preferred
Canadian
22%
15
*
Preferred
High
Sep
25%
31
99
Ltd
Jan
7c
Dalhousie
Shawkey Mines
:
Shawinigan Water & Power
2.90
25%
Canadian
common
Jan
-*
10%
1
Ltd
Dec
Nov
8c
60'Ac
——*
Corp
31
49
Mines
100
9,000
9,187
Par
10%
Paper—
Rouyn
10c
5c
20'/a
4,000
11,676
—*
31
Corp—
Sannorm Mines
Senator
1,000
6c
Sale Price
Canadian
new
Feb
35'A
99'A
Last
Asbestos
675
Scythes & Co
May
Jan
12c
5c
Friday
Feb
19
Gold
6c
.101%
17c
STOCKS—
28c
19
preferred
Mar
Canadian Funds
Nov
45,200
Antonio
Apr
5c
..
2.15
Toronto Stock
8c
1,167
167,700
1st
97%
Jan
Jan
30%
—
34'A
———*
—.—
6,100
16c
San
50
3,500
28
1
—,
Girl
Andian National
7%c
Lawrence
Jan
July
*
Mines
Bear
Yankee
Jan
6c
St
25
*
—
Nov
24
new
Dec
1
9c
10c
new
Nov
20
29
1
Mines
3.35
24
preferred
May
38'A
32
,_100
—
Feb
15c
preferred
10c
Feb
50
•
—
Apr
6%c
Lawrence
Oct
26%
170
1
common
Gold
4c
1
1st
19 %c Mar
31
1
1.02
1
2nd
6c
31% May
Nov
32'A
I
Wingait Gold
8,500
•
St
Oct
Mar
8c
32
V.
Winchester Larder
Winnipeg Electric
4,950
Oil
common
Nov
9.85
*
ri<"
!V'
5c
Roybar Chibougamau
Rupununi Mines
Russell Industries
24
38c
Jan
May
31
Preferred —,^1——-*,--4—100
.Wiltsey-Coghlan
3.25
10
„_
Sep
4.60
Feb
Nov
24
32%
common
10%
1
Co
5C
Dec
Jan
•
_—
5c
9c
8% May
Oct
22c
1,500
•
common
2c
19
4,500
•
1
Mines
2.95
8'Ac
Dec
23,550
—
*
common
Gold
Oils
5,200
8'Ac
17c
17c
W')——
—*
Lac
Royal Bank
Royalite
A—.
40c
15'A
5C
Nov
7%
•_
1
1
(Little)
Long
_1
37c
14%
2.95
Oct
2.50
1.48
A
Nov
1
Dec
18
7'/a
Jan
40c
14%
1
50'A
1.40
Aug
Macdonald
Apr
7%
Feb
88c
Regcourt Gold
Jun
25
—
Preferred
54% Mar
56c
Reeves
Jun
25
8%c Mar
Oct
82C
Gold
Jan
12c
Feb
Feb
64c
Mining
10
Aug
16
1.45
17% May
2.10 Jan
15
8c
1.03 Nov
1—1
1
Grocers
Class
7% Aug
500
1•
(G &
Western
Yellowknife
Feb
Mar
9c
Products
Feb
Feb
Dec
35c
24
•
Malartic
Jan
11
20
9c
_—
(Hiram)
72
10%
Nov
Dec
.—_1
Westeel
Ymir
Apr
20%
20
23
Amulet
Winora
12c
Dec
—25
preferred
—_
preferred
Wekusko Consol
j"i i
July
*
Mines—
Dare
Class
6c
Oct
19'A
1
—
Gold
Oils
10'/a
1,500
20%
1.08
•
Virginia
West
50
9c
19%
8c
•
Villbona
Waite
-
8c
4
Ltd
Vulcan
Feb
Jan
" Jun
50
*
Ventures
88c
88c
Queenston
23% Mar
150
Steel
Yellorex
Quebec Labrador
Quemont
Jan
9,400
Oils
United
Jan
5c
61c
10
Hill—
Upper Canada
Nov
50
Jan
Sep
25c
90c
A
-
preferred
56c
Nov
Jan
1.99
11%
Gas
Mining
47%
1.25
Jan
Nov
10
Resources
United Corp class B
United Fuel class A
Feb
13'A May
1.05
85c
•
Union
Union
Nov
Aug
NOV
2.05
19C
11%
1
class
Transcontinental
United
290
•**
34c
Mar
15c
*
B
United
20
41
37
50
Nov
4
common—.*
Preferred
50c
18,600
Jan
7
1
Works
Class A
York
15%
6'Ac
52
Gold
Weston- (Geo)
5,000
26%
2.40
Mar
8c
Mines
Traders Finance
Jan
Quebec Manitou
.
7
Towagmac Exploration
Mar
8,925
18,000
14
1.30
1
-
Jan
11%
*
.
1.55
65c
44%
1
Dome
Nov
2.60
6c
1
Corp
Pressed
Preston
90c
Aug
26%
1
.
5,295
Aug
17c
Gold
6'A
Jan
4C
1.99
Gold
Nov
39%
2,500
12c
Reef
Nov
36c
Feb
4 %c
1.90
River
3.65
Nov
28
4C
15c
Rouyn
Apr
12c
Feb
8,000
1.90
Porcupine
11c
Apr
5'Ac
1
Powell
Feb
5c
1
1
6%
Elevators
Walker
4c
3.10
3c
9c
Gold
10
Jan
70c
4'Ac
33c
Porcupine Peninsular
Jan
8'Ac
6'Ac
6c
L*
Mines
10%
8'Ac
Piccadilly Porcupine
Gold
Oct
19
Oct
6'Ac
Pickle
Powell
Apr
Nov
1
—
—
Sep
3c
Mar
1
.
1.84 May
1,300
12c
1
Mines
preference
Silver
Class
'
1
Mine-s
Jan
21,300
50c
1
Nov
50c
May
3c
90c
:
2.20
90c
7'Ac
7,600
*
—
Cons
Gold
Pioneer
1.40 Mar
3c
38%
Malartic
Crow
Oct
1.75
320
Ltd
Paramaque Mines
Paymaster
Oct
6
Apr
1.82
31c
Partanen
8%
5%
34c
*
Tubes_
Porcupine Mines
Pandora
3% Mar
1.60
—1
Hershey
Aug
6'Ac
1
Petroleum
Pamour
Jan
2c
9,050
Apr
Oct
1.44
Mines
Top
Torbrit
Mar
1.75
,
14c
70c
Rights
Page
July
5,700
14c
Nov
12c
4c
26,000
82
21
15,000
12c
83
6,500
1.78
Jun
29c
65c
Mar
5c
1.55
__
18'A
4'Ac
14c
72
5c
1.75
10
25C
68c
50
81%
—1
20
Tip
Jan
55c
Aug
1
81%
25
Mines
20
24c
3 %C
■
Nov
Jan
200
—.
Sep
Sep
82
21c
1.50
3%
15"
Feb
Nov
1.50
16
13% Nov
67
4c
Jan
25
130
170
127,200
10c
1,065
14
81 %
5'Ac
July
t
13%
80%
„
common
4c
4c
■
Apr
1
38c
.
94c
Thurbois
1.50 May
Nov
500
5
Nov
58c
80%
,
Jan
12,500
19
1,900
Nov
10
49c
40c
19
60c
5%
Nov
Oct
7'Ac
4%
59c
Apr
8%
19c
40c
"5
59c
1
;
4
5,000
5%c
1
200
29c
Nov
'
155
9
21c
11c
'
5%
9
—
21c
Jun
15c
5%
.9
21% May
*
4c
*
Pacific (Eastern)
*
_*
Jan
8% May
17 % Mar
Jun
81,400
1
Mines
A
97
Feb
5%
10c
13c
320
Oct
4%
3.50
9c
14c
19%
80
Oct
Jan
8'/a May
29%
Toronto
1.50
57
19%
*
Gold
Toronto
34c
40
6
.
1.62
68c
4% Aug
Nov
1.65
82
6
19
6
*
Mar
5'A Mar
2.30 Nov
Nov
1.52
81%
„
^—•
1.18 Mar
49c
260
25
3.15
—
3,259
6%
5,915
24c
7%
8,000
50c
6'A
Jan
5'A
5'Ac
Sep
1.49
50c
__
•
July
2.59
Oct
1.00
1.42
1.45
*
Apr
20
5'A
July
_1
_
39c
2.50
1.50 Mar
*
—1
55c
Nov
17% Mar
26%
2,500
•
Mar
20c
285
2.55
15,453
•
34c
4,700
20
Jan
27 '/a
21C
■
'
7,800
23c
20
Jun
Jun
1
25c
•v
44c
21'Ac-
„
31
26
Nov
3.10
1
Exploration
40c
—
21 %c
Mar
Tcch-Hughes Gold Mines
Thomp6on-Lundmark Gold Mines
5'Ac
_
class
Canada
River
4c
•
Lake
Taku
40C
1
101%
24
Tamblyn Ltd common
Taylor Pearson common
4'Ac
Mines
Mar
Mar
•
Gold
Cons
Sylvanlte
18c
iii—5
18
96
common
Inlet
3.00
1
265
440
Jan
58
Nov
2c
99% May
Nov
1.32
Apr
14c
Nov
960
Sudbury Contact
4c
•
of
Press
3.00
1,200
95
46c
Mar
10c
20
10c
*
Mar
43
Feb
96
99
.
55%
11%
29%
Jan
33c
54%
Jan
Oct
.
24%
•
Steeloy Mining
Steep Rock Iron
5'Ac
Orange Crush
Osisko
28c
Sep
55%
*
Osuiake
Jun
7c
1.04
12%
7
29
Bros
Co
7c
12c
1.15
9% July
35
98%
..100
Olsen
Sullivan
60,200
1.05
115
7
96
*
Preferred
Surl
300,217
1.10
—
common
Steel
Sep
18c
4C
9%
7
23%'
Mines
Stedman
Jan
18c
479,950
9%
7
1
Radio
Starratt
Nov
16 %c
1.07
(
_
Dec
14 %C
83c
*
Mines
O'Leary Malartic
Omega Gold
60c
Dec
Jan
Feb
Feb
—
1
Stanley Brock class A
31c
Aug
Mar
48c
29
—
Feb
2.44
Nov
July
98%
.
Co
Preferred
9'Ac
common
Gold
3c
87c
—
—
Feb
Jun
6c
31 %c July
4c
*
Red
15c
4,000
9%c
Oils
Orenada
2,833
4,850
5c
30,390
Okalta
Ontario Steel
60c
16c
26,700
Ogama-Rockland
Orlac
59c
4 %C
18c
1
A
2.99
Mar
20c
23 %
Malartic
Standard Paving common
Preferred
Nov
103'A
Apr
75c
9%C
'
Omnitrans
41,750
8%C
Gold-
Gold
2.44
9%C
_
Mines
26% May
30
2 %C Mar
11c
—
Empire
Jan
18c
•
Northern
O'Brien
2.25
—;—1
_
Nov
34
1.91 Mar
9,000
High
8.50
36c
*
Gold
Sladen
Southam
Stovel
11'Ac
—
58c
16c
*
Mines
Nov
-Nov
Feb
100%
16c
iii—5
Canada
Star
2,500
17
17
25% Mar
8 %C
.
Preferred
45
4'Ac
Apr
Apr
Mar
—i
Mining
Inca
4'Ac
_
•
Northern
North
103% 103 %
—
10
10
18c
—1
Mines
Northland
2.05
103%
Siscoe
Standard
23'A
•
Norseman Mines
North
Jan
28
—
Merger
Gold
Jun
16
22%
■
__1
_
Nordon Corp
Norpick
1-3
13'A May
245
23
Malartic
Normetal
10% May
150
24,500
59c
Mines
Norgold
210
26%
1
Nipissing Mines
Norbenite
16,000
25%
2.42
Mines
Noranda
8c
791
1
Yellowknife
Nicholson
Mar
Nov
Nov
11%
1,043
1
—
Oils
37C
7c
May
14%
58c
1
_
Gold
Pacalta
Standard Chemical
Jun
6%
Oct
16%
10
Mines
Norzone
Stadacona
Feb
•
8c
16%
25%
100
—
__
Gold
Jun
15c
25
1,500
70c
100
Springer Sturgeon
27
415
10c
50c
*
Jason
Newnorth
Apr
Mar
26%
16%
11zzii
New
New
76
16
Bidlamaque
New
Feb
65
16%
>
(Wm)
21
Dec
50C
Negus Mines
New
54c
May
315
July
Sep
Low
6.50
•
Mar
*
_
pfd
—
14
7c
National Petroleum
Dairies
Preferred
28c
4
30c
J100
Class B
14%
*
_
Oct
Dec
3,700
100
500
73,390
32c
•
Simpson's Ltd class A
11%
11%
11%"
_
National Trust
Western
67c
Mar
22c
7.00
46c64%c
50c
•
1,015
10c
,
National Sewer Pipe class A
National Steel Car
Jan
7.00
—
High
1
class A
Range Since January 1
Low
Jan
3
Dairies
4
73%
Shares
_1
B
21
26%
26%
„i
National Hosiery class A
Class B
lie
Class
42c
72%
for Week
1
.
Mines
39c
20%
——1
National Drug preferred
National Grocers common
Silverwood
Nov
22
Miller
4
25
__
Mylamaque Mines
Silver
Silverwood
•
Mosher Long Lac
Sigma Mines (Quebec)
Mining
Silanco
Jan
18c
1.15 Aug
6.10 Mar
--
Sales
Range
of Prices
Par
Jan
29c
Oct
1.70
*
Moore Corp common
Preferred
10'AC Nov
15% Mar
1.50
Jan
75c
5'Ac Mar
1
Locomotive
7c
1,140
_
Porcupine
Montreal
2,500
22
1
.
Jun
9%C
*
__
8c
6,574
7c
*
-
Works
Oct
1.70
•
Tool
1M>C
STOCKS—
High
Nov
21
*
Corp
12C
9%c
29c
7'Ac
__
Model Oils
Modern
lie
8%c
*
__
Oil
Brick
Mining
lie
*
Mills
Mid-Continent
Low
30c
—1
Lake
Range Since January 1
High
30c
McWatters Gold
Mercury
Low
1
Week's
Last
Sale Price
Friday
Shares
49
Feb
—*
—
&
*
—
Paper
Ontario
38
2.60
Oct
Jun
2 3'A
4.10
Jan
Jan
70% Jun
28
May
July
•20c
common
Paper
Oil
33% May
36'A Nov
Oil
Brewery
Sheep Creek Gold
Sherritt
Sick's
50c
common
Voting trust certificates
For footnotes
see
-page 46.
1.60
1.72
2,500
1
Gordon
Breweries
1.65
2.05
1.99
2.14
32.984
•
17
10
Feb
11% July
6'Ac Nov
6'Ac
8,000
Pend
Shea's Winnipeg
Oreille
1
5.85
6.00
6,132
Price
Bros
*
56 'A
56 'A
10
56
Mar
67%
4
49
49%
245
22
Jan
49 %
Dec
40c
40c
40c
365
37c
Jr.n
45c
Nov
47%
47%
47%
100
45
Apr
48
6 'A C
1,000
Selections
Mar
1.82
Nov
Reliance Grain
1.43 Mar
3.20
Apr
Southmount investment
98c
17
17%
235
11% Mar
17%
Nov
Supertest
17
17%
205
11% Mar
17%
Nov
Temiskaming Mining
Petroleum
5 %C
*
——
*
—-
ordinary
5.85
;
1
.
—
6 'A c
3c
2.25
6c
May
Feb
Sep
6.50 Nov
8c
Jun
Apr
Jan
45
46
(2362)
THE
COMMERCIAL
&
FINANCIAL
OVER-THE-COUNTER
Quotations
for
CHRONICLE
SECURITIES
Friday December 3
Investing Companies
Mutual Funds—
Aeronautical
IV*
Inc
22%
1
2
A
series
8%
7.17
14.30
A
-5
Inc
Axe-Houghton Fund B—
Fund
Axe-Houghton
Automobile
4.03
Corp
Blair Holdings Corp
—le
3.18
15.54
3.89
3.03
3.37
91.15
18.72
Bullock
16.80
_1
16.05
17.59
...1
4.10
Century
30.51
32.81
-,-1
Fund
Inv
Trust
Shares
Chemical
Fund
Christiana
Securities
Preferred
12.76
.100 2,640
com
.100
—
13.50
7.20
1
Fund
1
15.26
16.32
Fidelity Fund Inc..
—5
Financial Industrial Fund Ino.l
23 26
25.15
1.73
Ask
100
100.3
100.1
100.4
1
12.92
8.45
July
22,
1949
100.1
100.4
Sept. 15,
1%S
101.4
1949
100.3
100.6
118
119%
Panama Canal 3s
13.87
I
1.65s
98.12
100.24
Other Issutt
14.76
9.14
Nation-Wide
.1001
Balanced Fund
National
—
Investors
Corp
National Security Series—
Bond series
Low
Priced
Preferred
Income
U. S. Certificates of Indebtedness
Securities—
Stock
1
6.67
7.29
1
6.31
6.90
Wan
1
6.46
7.06
lAprtl l,
4.24
Seriss
Bid
Price :
Ask
Series
1
3.19
1
4.92
5.73
3.40
1%% 100.0022
1950—.. —,—!%% 100.0834
1,
1949
i 1Q0.Q623
...1095
tl%S Feb.
1,
1949
100.0022
.0147
1949
100.0012
.0106
11 %S Apr. 1, 1949
11 %s June 1, 1949
tlVas July 1, 1949
,;»rfl%S Oct. 1, 1949
10Q.0052
11 ye
3.72
3.33
Ask
tl'/as Jan.
3.49
Mar.
1,
•
Q095
.0212
99.9798
.9895
99.9714
.9827
100.0220
.0383
3.64
14.03
t
.
Bid
.0094
6.26
Selected Group Series
1
Low Priced Com Stock Series 1
New England Fund
1
'
Certificates of Indebtedness—
1949
5.38
1
Treasury Notes1,
'
Maturity—
4.63
Series
Series
Speculative
Dollar
Int. Rate
Maturity—
I
Bond
Stock Series
25.21
Bid
1949
15; 1949
11.98
13.50
98
.
26.53
11.08
Industrial Stock Series
23.58
point
7.89
24.54
1.51
1.37
.260
Shares—_—_
20,
-l%s Apr.
a
Banks—
4.47
14.75
Baton A HowardBalanced
4.05
5.83
-1
Jan.
Loan
4.61
shares—
..1
Mutual Invest Fund Inc—... 1
*
l%s
99.28
98
4.03
4.18
149
5.36
Fund
Delaware
144
13.81
2,740
...1
Investment-
Commonwealth
Dividend
Ltd—
3.71
5.10
.—1
Ltd
Fund
Canadian
lc
lc
Mass Investors 2d Fund
7.75
6
shares
shares
lc
Manhattan Bond Fund Inc—10c
Mass Investors Trust
I
20.24
7.74
15.54
1,
1, 1955-1953
Home
3.72
Steel
94.95
1
99.20
32nds of
more
or
4.08
.lc
Jan.
Feb.
1952-1950
1953-1951
one
Federal
Ask
•
97.20
v
1,
l%s
3.78
Bid
-
1, 1950-1948
May
2%s
4.06
3.70
1%S Oct.
1V*8
3.40
3.68
3.43
Petroleum
--
*
Federal Land Bank Bonds—
3 51
3.44
lc
None-Ferrous Metals
,2*'*?
10c
Inc
Fund
Figures after decimal point represent
Ask
Electrical Equipment shares.lo
General Industries shares—lo
Home Furnishings shares
lo
3'/*
Bowling Green Fund Inc
Broad Street Invest Corp
shares
Drug shares
9%
2J/2
America
Inv Tr of
Bond
Boston
—
Bid
Business Equipment shares.lc
3.99
Paper
1
1
Beneficial
Par
Managed Funds—
Standard Oilstocka
Associated
Obligations Of Government Agencies
Mutual Funds—
24%
3.64
Shares
Business
Shares
5.10
3.68
10
Holding Corp
American
Ask
4.65
_1
Sescurltles
Fund
Affiliated
Amerex
Bid
Par
Monday, December 6, 1948
15.02
1.89
Stock
First
Fund.——„
22%
10
1
Corp—.
Boston
24%
5.10
2
13.45
Fundamental Trust, shares A—2
—1
—1
42.57
4.80
6.40
5.92
6.49
Bank
5.15
Corp
General Investors Trust
9.74
5.84
Aviation
46.10
Capital
8.89
Automobile
6.48
General
Stocks Inc—
Agriculture
14.74
5.63
York
New
5.74
First Mutual Trust Fund
Fundamental Investors Inc
9.17
10.05
stock
Bid
Ask
Rate V
4-
1-48
1-
3-49
bl.50
1.30%
1.50%
1.55%
5-
1-48
2-
1-49
bl.50
1.35%
1.65%
10.82
11.86
1.55%
1-48
3-
1.35%
1.65%
10.22
11.20
1.55%
7-
1-48
4-
1-49
bl.50
1.40%
1.65%
9.89
10.84
1.55%
8-
2-48
5-
2-49
bl.50
1.40%
1.50%
1
7.77
8.52
10.35
11.34
—1
9.22
10.10
1
9.12
7.77
series.
6.78
Diversified
6.09
lc
4.93
5.36
Diversified Investment Fund-l
Diversified preferred stock—1
.lc
7.25
7.86
Electricial
lc
Hectrlcal Equipment shares lc
Food shares—.......
lc
Fully Administered shares—lc
General bond shares
lc
5.72
6.21
Insurance
-1°
lc
shares
shares—,
shares
Aviation
Building shares...-.—
Chemical
shares..
Industry
equipment
stock
Machinery
Merchandising
9.39
10.18
4.32
4.70
6.90
7.49
7.48
8.11
lc
6.45
7.00
Institutional bond shares—lc
9.30
9.76
Public
7.29-
7.91
Railroad
Industrial Machinery Bhares
Investing
shares.lc
lc
Company
5.63
lc
17.02
Tobacco
7.41
2.65
3.75
4.08
Putnam
4.55
4.95
Republic
lc
lc
shares
6.26
6 86
8.07
8.84
1
Bid
Dec.
Petroleum
10.62
9.69
25
Trading
(Geo)
Fund-.
Investors Fund
4.86
,
bl.50
1.40%
1-49
bl,60
1.50%-
10-
1-48
7-
1-49
bl.60
1.50%
,11-1-48
8-
1-49
bl.60
1.50%
9-
1-49
bl.60
1.50%
12-
5.28
Russell Berg
4.06
4.42
1
15.11
2.50
2.74
'
1-48
Jan. 27.
1.00%
Feb.
3,
bl.12
1.00%;
Feb.
10,
bl.12
1.00%
Feb.
17.
bl.13
1948—
1949
Bid
>
0.90%.
bl-12
1948
6.
Ask
bl.12
1948
23,
30.
Jan.
14.05
1948
16.
Dec.
Dec.
<fc
9,
Dec.
8.04
2.43
lc
Steel shares
Ask
2-49
6-
5.76
1
equipment
5.95
5.26
1
Railroad
5.70
bl.50
Bid
5-
1-48
United States Treasury Bills
11.68
5.23
1
—
10.66
1
Utility
Steel
lc
BR Equipment shares
Railroad stock shares
Tobacco
5.25
lc
Railroad Bond shares
1-49
Due
1-48
9-
,
9.99
15.53
Pacific Coast Invest Fund—1
7.40
6-
Dated
12-
f
wi
9.37
-II—IIIIIIIZ—II—1
Oils
lc
lc
shares
Petroleum
8.52
8.53
6.11
6.82
Low Priced shares...
Merchandising shares
Mining
shares
Due
1.55%
11.20
—1
bond
5.61
Automobile
Dated
10.97
10.56
supply-
Corporate
6.25
Agricultural
*
Rate
10.01
Building
Chemical
Group Securities—
Federal Intermediate Credit Bank Debentures
1.06%
Feb.
March
Jan.
13.
1949
bl.13
1.06%
Jan.
20,
1949
bl.13
1949
1949
1.06%
bl.14
1.07%
1649
bl.15
1.08%
1949
bl.15
1.08%
1949—
•
bl.15
1.08%
1949__
bl.15
1.08%
24;
1.06%
Ask
bl.13
3J
Scudder, Stevens A Clark
lc
4.51
4.90
Inc—
1
4.18
10c
1.61
1.65
5
20.64
22.31
25.53
27.45
•
47.77
2%
10.31
11.15
19%
20%
4.51
Income Foundation Fund
1
Fund Inc
Utility
Bowe
shares
Plan
Fund
Incorporated
Investors
Fund
Inc—
Selected Amer Shares
Shareholders Trust of Boston—1
Sovereign Investors
Institutional
Shares
Aviation Group
Bank
Group
Ltd—
Standard
:
lb
shares
shares
7.45
lc
lc
Insurance Group shares
Stock and Bond Group
70c
93C
8.17
State
Inves
Street
—1
Inc
Co
10c
Investment Corp.*
—
5.77
6.32
69c
81c
78c
1.09
Trusteed
Industry Shares
—26c
le
12.10
13.34
1
20.85
1
25.74
27.98
Series
B
1
17.39
Boston—.1
6.71
'7.35
Series
C
1
5.94
Investors Management Fund—1
13.42
13.73
Union Preferred Stock Fund.—\
Par
18.48
Investment
Co
of
America
Investment Trust of
Union Bond
Fund series
Union Common Stock Fund
Keystone Custodian Funds—
1
26.86
28.08
United
25.17
16.29
17.78
B-4
(Speculative
9.18
10.02
Wellington Fund—,
Whitehall Fund Inc™
1
Wall Street Investing Corp
B-3
(Medium Grade Bds)—1
(Low Priced Bonds)
1
23.07
B-l
(Investment
B-2
Bonds)
Bonds)
1
X-l (Income pfd Stocks)
1
K-2 (Appreciation pfd Stksj.l
8-1 (Quality common Stks)_l
25.24
27.53
8-3
(Income
Stocks)—_1
13.35
14.57
8-3
(Appreciation comStks).l
11.28
12.31
(Low Priced com Stks) „1
Knickerbocker Fund
1
4.44
4.86
4.60
5.05
Loomis Sayies Mutual Fund—*
93.40
95.31
Loomls
44.30
45.20
com
8-4
Sayles Second Fund
10
City Banks & Trust Cos.
49.50
72c
New York
77c
46.50
15.51
16.92
19.40
Income
Wisconsin
Fund
Shares—.
Bank
— —
18.50
10.02
1
9.25
9.44
1
16.45
17.96
1
15.48
16.65
3.22
Series
Trustee
Shares—
E
Bid
Co.-lO
York
Ask
•
23%
100
-
Guaranty
Industrial
10
38
40
98
102
Commercial
84
%;
22%
Bank
100
Bank of
34%
42 Vb
2.60
6.44
7.40
1
2.11
2.41
North Amer Trust Shares—
Series
1955
——1
Commerce.10
Manufacturers
&
(J
National
P)
Ask
10
1,225
255
264
28
30
14%
15%
100 1,375
25
Trust
Morgan
National Bank &
Bid
100 1,165
Trust
Irving Trust
!
Kings' County Trust
Lawyers Trust
87%'
40%
-•
Par
-
National
318
100
Central Hanover Bank A Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
a
.
First
24%
303
Co
20
Inc
Co
100
City Bank
1,415
44Vz
46 %
48 Va
50 %
198
204
37%
39%
23%
50%
52%
50
78%
82%
H%>.
12%
Title
Fiduciary
10
31
33
United
38V*
80%
83 %>
37
39
Sterling National
10
30>/4
24%
Federation Bank A Trust
12%
25
Trust
Co
20
Continental Bank A Trust
10
Corn Exchange Bank A Trust.20
Empire Trust
3.50
Type Trusts-
Diversified
Manhattan
Brooklyn Trust
Co.—1
Investment
New
7.20
21.17
Unit
the
of
Bankers Trust
•
9.22
„
of
Bank
v
—
New
York
Public
Trust
Nat'l
Bank
A
Trust_17%
25 *
"
64
68
3.36
Independence Trust Shares
Series 1956
Trust
-
•
Guarantee
States
Trust
&
12
Trust
100
104a
9%
"
525
555
"
1
2.41
w
■■
■
.
•
•
Recent
Insurance
Aetna
Casualty
Aetna
Aetna
A
Surety
Bid
Ask
78
—10
49
51
10
53
55
26
Insurance
10
56
Par
b
28
Insur Co of North America
10
105
Jersey Insurance
20
39
„
of
Maryland Casualty
American
Alliance..
10
21%
American
Automobile.
4
Casualty
5
N Y
common
22%
46%
Massachusetts
14%
Merchant Fire Assur
Merchants A Mfrs
17%
18%
30%
Bonding
American
Re-Insurance
10
28 y4
Amarloan
Reserve
10
29
American
Surety
25
58%
61
35%
38%
New
6
National
National
Bankers
A
Shippers
.25
80
59%
61%
Fire—
-5
Connecticut
General
Continental
Casualty
Life-
8%
28%
46
34
28
10
New
York
19%
20%
Federal
36
Packing
2%s—
1967
95
Northeastern
Northern
40% \
Louisiana
Pow
22%
A
Lt
3%
1978
100%
34%
Pacific
Fire
25
Indemnity Co
10
32%
34%
Phoenix
63
66
Preferred Accident
Providence-Washington
57
60
155
59
-10
75
78
—5
13%
100
93
96
lOOVss.
100%
Hooker
102%
Kentucky Utilities 4%%.
1978
101
102
New
102%
10
5
82%
3
19%
88
90
102%
New
England Power 3s
preferred
Tel'3%s_1979
Bell
N
Power
3s
1978
100%
A Light 3y*s
1977
101%
"100
1978
preferred
Y State
4.50%
Penn
Power
3s
100
Electric
A
Gas—
100%
100
84%
86%
.
•
preferred
Gas A El
101%
102 %
Pub
Pow
Ser
&
100
5%%
Lt
104
105%
100
pfd
1978
101%
102%
1978
101 %
102
3.50%
Public
85%
y*
105
106
pfd_100
4.40%_100
(Indiana;
(R
4.50%
of
J)
100
New
105%
104%
102
103
80
84
—
preferred
Service
Reynolds
3%
4.60%
(Colorado)
Public Service
Wise-Michigan Power 3s
99%
98
101
Penna
Ban Diego Gas A El 3s—
•
pia-*«0
England Gas A Elec—
4 % %
Northwestern
105
49%
19
Electrochemical—
*4%%
West
100
20
pfd_100
101%
Mexlco_7
13%
14%
100%
101%
Tobacco—
preferred
100
Tennessee Gas Transm's
160
56
22%
Laboratories
preferred
1988
Pacific Pwr
7
convertible
1978
85
32%
-20
Ask
21%
Light—
(Allen B)
3y8s
Elec
24%
6
-10
„10
&
preferred
Florida Pow A Lt.4%%
101%
53%
-10
Power
♦
3s
15%
,
81
84
Ftee
preferred
Michigan Bell Tel
Ohio
5
80
51%
Fidelity 4k Deposit of Md_.
Bid
Refining
Narragansett
43%
12.50
_10
-10
Hill
Mont
5%
&
conv
5.40 %
30
■«
14
2.50
Pacific
Employees Group Assoc—
Ruployers Reinsurance...
101%;
Okla
Fire
River
-10
Grum & Forster Inc
101%
48
5
—2
Fire
20%
10
Fire..
Hampshire
North
Camden
Black
1973
„
30
7%
84
.10
Boston
27%
28%
4
Causalty (Detroit)—10
Amsiferdam Casualty
New
25%
6
,
National Union Fire
10
Automobile
3%s
Far
Oil
22%
10%
2%
Chesapeake & Ohio RR—
Cudahy
44%
21%
American of Newark
Stocks-'—
Ashland
Du
21%
13
9%
100%
13%
20
Assur
Ask
99%
.1978
42
12%
6
Equitable
Bid
Arkansas Pow & Lt 3%s.
109
?y
l
Fidelity A Casualty.S
American
American
29%
$2.10 Prior preferred
1Q
$1.05 Convertible preferred.6
42%
American
Ask
•
•
,
$1.20
60
Life
Agricultural
82
Home
Bid
•
Security Issues
Companies
Bonds—
Par
'
.
14%
Assn
Fireman's
of
Phila
Fund
of
Frisco.
Phremen's of Newark.
Reinsurance Corp
Republic (Texas)
St Paul Fire
Genera] Reinsurance Corp
Glens Falls.—
10
5
Glebe * Republic—,
5
Glebe 4k Rutgers Fire corn—.15
2nd preferred....
15
American,,
5
Hartford
Fire—.—...
Hartford
Steamboiier
I
10
to
10
A Marine
10
31%
33%
2
5
10
27
12%
75
4%%
Texas
29
23%
Seaboard
Surity
10
45
47
29%
31%
11 i/a
Security (New Haven)__;
Springfield Fire & Marine
lo
10%
10
43%
23%
271%
Standard Accident
73
77
Tucker
45%
31
32%
28%
30%
117
32*
120
34
10
43%
29%
a
31%
Odd
included
change.
dividend.
Travelers
U
S
100
Fidelity A Guaranty Co
Fire—1
U S Guarantee
Westchester
Fire
n
Co—
preferred
Eastern
.—100
Transmission
•
93
95
„
12%
11%
78
5%
21%
U S
Hanover Fire...
(N Y)
590
615
2
48
50
4
56
lot sale
in
n
(not included
year's
range),
in
year's range)
e Ex-interest,
Admitted to trading N. Y. Curb,
(Un) Admitted
to
Unlisted
f Flat
r
"A"
price,
sales
k Admitted
(not
privileges,
1%
1
b Big yield price,
,
Cash
Trading
Corp
d Deferred
to
included
wd When
listing
in
delivery sales
on
N.
Y.
year's range),
delivered,
2
Stock
(not
Ex¬
t Ex-stock
wi When
issued,
59
10
2.50
71%
75%
37
39
x
Ex
dividend,
•No
dividend
par
paid
y
Ex-rights,
value,
on
tin
May
z Ex-stock
default.
10.
dividend.
tThese
bonds
are
subject
•
to
:
all
Federal
taxes.
.... ..
lEx
?
i
$40
cash
Volume
Number 4757
168
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2363)
THE COURSE OF BANK CLEARINGS
this
clearings
week, will
Preliminary figures compiled by
show
us,
a
based
decrease
compared
with
a
year
ago.
telegraphic advices from the chief
upon
1948
Third
Federal
Reserve
indicate that for the week ended Saturday, Dec. 4 clearings
United
cities
the
of
States
from
which
it
is
possible
obtain
to
clearings will be 0.9% below those of the corresponding week last
liminary total stands at $15,803,800,763 against $15,952,605,208 for the
1947.
At
this
comparative
there
center
is
loss
a
for
the
week
ended
Friday
weekly
Our
year.
week in
same
of
7.0%.
Our
.
..
2,698,272
2,688,315
850,000,000
Philadelphia
Reading
820,000,000
2,425,572
Week Ended Dec. 4
1948
'
1947
%
$8,092,409,160
$8,702,741,874
Chicago
695,115,606
642,347,019
Philadelphia
973,000,000
1,003,000,000
Boston
2,601,933
3,969,855
3,988,098
2,085,018
2,344,786
3,770,456
3,535,073
6,456,202
6,756,420
5,196,444
5,564,786
879,718,225
856,574,759
Scranton
.
Wilkes-Barre
-
„
York—
Total (11 cities)
New York
7.0
+
8.2
Cincinnati
—
3.0
Cleveland
Columbus.
498,397,873
St. Louis
483,743,918
+
—
Ohio—Canton
3.0
295,762,864
0.5
302,600,000
289,700,000
356,957,000
346,637,000
+
Pittsburgh
340,528,203
299,392,789
350,609,738
314,860.496
214,546,747
217,571,869
days
$12,118,378,320
$12,595,757,829
2,846,804,269
2,570,451,645
Total all cities, live days
All
cities,
issue
In the
of next week.
We
elaborate detailed
able to give final
ending Nov. 27.
cannot
furnish
are
—
them
—
0.9
For that week there
appear
not available at time of going to press.
has to be estimated.
cases
present further below
we
the week
—
decrease of 3.9%, the aggregate of clear¬
was a
week in 1947.
same
Outside of this city there
District the totals show
11.6%.
gain of 2.7%.
a
We
District
Reserve
by 4.2%.
In
the
the cities
group
located and from this
are
(including this city) the totals show
loss
a
1.9%, but in the Philadelphia Reserve
In the Cleveland Reserve District the totals
larger by 7.8%, in the Richmond Reserve District by 5.9%
Chicago
Reserve
District
and in the Atlanta
the
totals
record
an
improvement of 1.9%, in the St. Louis Reserve District of 8.6% and in the Minne¬
apolis Reserve District of 11.2%.
In the Kansas City Reserve District there is
an
^increase of 7.5% and in the Dallas Reserve District of 10.1%, but in the San Fran¬
cisco Reserve District there is
'•
■
■-
'
a
decrease of 2.4%.
"
■
•
:
following
we
furnish
a
+
'
summary
'
•
'
•
•
1
•
v-
»
.
•
•
.
SUMMARY
Federal
-
1st
Reserve
District#
12 Cities
12
Srd
Philadelphia
4th
Cleveland
5th
Richmond
8th
Atlanta
7th
•f'
5,092,536
7,071,136
6.6
5,764,016
8,107,400
2.7
728,142,466
755,910,722
—
+
24,416,200
+
9.8
21,692,900
3,686,312
+ 19.3
5,076,457
+ 17.2
4,038,479
2,762,689
4,433,721
11.0
214,010,463
240,638,488
7.8
618,470,964
611,522,350
2.7
—
278,825,128
251,215,775
+
778,786,647
722,746,317
+
3,276,463
4,439,465
115,539,964
224,883,223
18,824,800
_
Reserve
District—BlehaiMd—
Virginia—Huntington
2,380,409
10,699,000
.
■
.
..
.
*
e—4
*
'
.
'
^
1947
Inc. or
Dec. %
$
$
1.9
433,878,214
511,683,235
—11.1
6,037,231,650
8,283,464,555
—
6,673,326,395
"
879,718,225
856,574,759
+
2.7
728,142,460
778,786,647
722,746,317
+
7.8
618,470,964
611,522,350
314,010,917
367,764,883
+
5.9
587,143,160
563,661,692
+
4.2
/ "
843,699,764
828,340,617
+
1.9
4
"
496,480,782
457,125,904
+
7
"
367,122,792
330,046,116
+11.2 V
10
"
438,713,910
408,224,468
+
7.5
373,099,432
329,974,224
6
"
278,115,867
252,629,924
+ 10.1
192,119,351
188,997,909
694,204,580
711,049,880
—
2.4
598,697,849
588,735,396
12,181,253,070
12,673,592,362
—
3.9
11,171,580,473
13,388,532,161
6,466,030,885
6,207,245,251
+
4.2
5,319,039,132
2,501,499
10
Francisco
111
Total
York
2,603,560
185,114,038
3.9
192,978,203
4.2
58^205,424
2,437,596
155,060,734
2,396,582
167,275,406
54,873,107
6.1
50,635,103
65,273,396
389,338,744
367,764,883
6.9
314,010,917
342,985,099
Sixth
Federal
Reserve
District—Atlanta
12,263,030
12,708,313
3.5
59,880,346
58,714,429
2.0
53,993,559
42,847,949
233,300,000
227,700,000
2.5
178,200,000
159,800,000
Nashville
Georgia—Atlanta
Augusta
3,619,635
*3,100,000
Alabama—Birmingham
Mobile
10,574,888
9.1"
3,317,493
2,820,269
70,747,040
81,768,811
Macon
Florida—Jacksonville
68,059,739
10,725.406
76,203,741
3,055,563
2,906,014
9.9
2,461,375
3.9
62,065,075
66,853,606
2,289,132
62,807,493
68,128,756
7.3
5,292,228 *
380,206
116,791,864
Louisiana—New Orleans
Total (10 cities)
Federal
Reserve
325,797
266,566
108,585,390
+
7.6
101,519,734
94,393,493
587,143,160
Mississippi—Vicksburg—
Seventh
+
9,041,000
563,661,692
+
4.2
483,758,215
448,139,128
+
1.9
4,708,618
•
3,974,319
1,091,384
South Bend
,
Terre Haute
557,028
7,301,162
6,775,040
—25.6
5,568,481
—
6.1
4,258,362
4,357,550
1,046,692
3.403.641
44,125,000
—
0.2
39,532,000
35,225,000
5,610,177
Indianapolis
917,765
—10.1
5,108,061
5,229,996
44,031,000
Indiana—Fort Wayne
1,071.415
8,962,323
3,799,793
—
5,714,217
1.8
3,940,373
t2,271,987
Wisconsin—Milwaukee
3,223,662
21,785,296
—
Sioux City
%
39,784,375
3,009,625
•
9.9
+
7.1
3,045,153
36,810,729
2.107.642
—
18,125,955
+
22,617,107
12,173,266
I,196,305
665,567,255
650,459,242
2,956,295
3,409,333
2,852,823
+
1,005,615
—
t
45,759,082
12,320,168
—
Illinois—Bloomington
Chicago—
—
t
50,276,662
Iowa—Cedar Rapids—.
Decatur
—14.5
8,054,289
.
Lansing
Des Moines
3.6
444,707
District—Chicago—
Michigan—Ann Arbor
Grand Rapids
5,107,611
3.7
21,184,745
1.2
8,900,967
—15.9
987,235
2.3
594,312,626
+ 15.3
598,249,000
2,321,770
—12.9
9,303,442
9,733,235
2,655,749
+
8,908,297
977,984
-
-
2,342,655
10,405,891
4)420,099
II,947,101
4,260,187
+
3.8
3,570,141
3,469,144
3,412,910
+
1.6
2,644,414
2,807,410
843,699,764
Rockford—js
828,340,617
+
1.9
750,298,454
728,642,506
+
6.9
207,200,000
206,100.000
+
—
_
(16
Cities)
Eighth Federal Reserve District—St. Lewis—
Missouri—St. Louis
262,900,000
,
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
245,900,000
125,789,150
97,931,222
106,155,405
1,636,227
111,344,504
1,950,178
496,480,782
i
457,125,904
+ 28.4
78,828,779
78,876,288
4.7
81,774,554
63,902,319
—16.1
1,290,210
1,447,310
369,093,543
350,325,917
—
Total (4 cities)
+
8.6
...
5,297,807,543
*
11th Dallas
New
97,578,971
342,985,099
389,338,744
"
Minneapolis
San
8,378,000
95,705,722
755,910,722
"
--*...16
City
1,419,744
8.6
<
1945
1940
"
Louis
10th Kansas
1,793,762
8.2
Tennessee—Knoxville
Total
,
6
0th
0.1
9,886,000
112,910,859
Columbia—Washington—
Springfield—
11
Chicago
2,377,319
122^574,209
CLEARINGS
502,101,407
*
-
10
St.
Outside
5,935,505,491
^
•
7
8th
12th
1,953,091
4.4
4 qqq 30s
Peoria
V
;
""V
$
•
492,423,108
"
^
■
,
*
»-
BANK
$
York
New
OF
1948
Bostop
2nd
1,767,628
3,638,476
by Federal Reserve Districts:
1
Week Ended Nov, 27
•
.
•
,
v
;
.
i
'
'
In the
,
3,277,098
6.7
+
—
4,835,263
125,410,924
gain of 4.2%, the bank
a
was
decrease of
a
of 11.1% and in the Boston Reserve District of
*
3,354,400
1,677,724
245,206,472
Total (6 cities)
the week
as
and complete results for the week previous
it appears that in the New York District
,
2,290,502
3,507,880
26,802,200
Federal
6.6
today, inasmuch
according to the Federal Reserve Districts in which they
1
6.8
0.5
—11.1
—
7.4
Maryland—Baltimore
1.3
+
786,395,734
statement, however, which
clearings at this center having recorded
.t
726,000,000
2.6
Richmond—.
+10.8
ings for the whole country having amounted to $12,181,253,070 against $12,673,592,362
'
2,146,233
701,000,000
+
Virginia—Norfolk
3.8
—
$15,803,800,763 $15,952,605,208
Saturday, and the Saturday figures
•
2,517,534
2.9
+
—I™
Total (7 cities)
District of
838,618,174
Accordingly, in the above the last day of the week in all
are
0.4
+
5,499,632
,
Complete and exact details for the week covered by the foregoing will
in the
645,347
+
—
155,454,501
277,397,440
,
1.4-
—
$14,965,182,589 $15,166,209,474
day
one
Total all Cities lor week
are
699,739
888,650
662,584
5,353,040
South Carolina—Charleston
we
939,955
1,051,259
8.9
3.0
West
Ten cities, five
ends
1.1
9.7
297,980,454
Pennsylvania—Pittsburgh
Fifth
Other cities, live days
our
+
+
—
+11.4
Baltimore
in
$
159,478,807
Mansfield
+ 13.7
Cleveland
j.
Youngstown
4.5
+
Ban Francisco
1949
Fourth Federal Reserve
District—Cleveland
—
294,213,993
*
Kansas City
1,087,866
1,010,134
997,348
908,366
,
New Jersey—Trenton
Clearings—Returns by Telegraph
-
'
Chester
Delaware—Wilmington
for the week follows:.
summary
pre¬
I
1,099,594
Lancaster
all
1946
Dec. %
1,108.446
„
Bethlehem—
for
Inc. or
$
District—Philadelphia—
Pennsylvania—Altoona
cities of the couijtry,
1947
$
Bank
47
Week Ended Nov. 27
;
"
Cities
City
483,758,215
728,^42,506
369,093,543
350,325,917
272,779,418
8.6
448,139,128
750,298,454
-
248,151,120
Ninth
Federal
Reserve
District—Mlunfelll—
Minnesota—Duluth
'
6,499,788
5,437,059
+ 19.5
6,368,231
247,160,313
219,970,118
+ 12.4
186,773,063
167,727,137
88,068,192
84,496,512
4.2
61,538,598
59,176,556
7,953,913
2,985,598
5,601,373
+ 42.0
5,444,483
4,857,080
2,330,867
+ 28.1
2,687,958
2,122,520
4,254,099
10,200,889
3,631,153
+ 17.2
3,339,488
2,778,315
8,579,034
+ 18.9
6,627,597
6,262,697
367,122,792
—
330,046,116
+11.2
272,779,418
248,T51,120
Minneapolis
St, Paul
'
North Dakota—Fargo
;
-
South Dakota—Aberdeen
,
"
Montana—Billings
Helena
Total (7 Cities)
Tenth
Federal
Reserve
+
5,226,815 'I
]
[$
District—Kami*# City—
*
We
add
now
our
week ended Nov. 27
detailed statement showing the figures for each city for the
8
at—
First Federal Reserve District—Boston
Maine—Bangor
Dec. %
I
1,923,636
—22.6
4,087,496
—10.7
421,033,378
427,065,383
1,489,285 '
I
Massachusetts—Boston—
—
1.4
—
1,478,452
-
Lowell
New Bedford
1,664,846
—11.2
800,818
Fall River_
696,767
+ 14.9
1,442,958
Springfield
Worcester—
6,391,391
4,411,527
New Hampshire—Manchester
Total (12 cities).
..
,
9,949,082
21,480,700
Rhode Island—Providence-,—
20,738,641
9,515,773
—
4,582,151
19,354,245
Connecticut—Hartford
—
21,996,400
1,282,004
-
1
1,117,087
492,423,108
502,101,407
J
\
f
1,394,769
1,235,303
3,799,909
3,807,560
366,668,074
441,450,900
1,397,676
1,506,426
1,334,364
5,575,620
—
—
—
3.7
4,231,627
3,842,770
6.7
18,526,095
19,621,175
4.4
•8,701,403
7,570,576
2.3
20,286,500
24,543,400
+ 14.8
1,249,743
1,177,712
1.9
433,878,214
—
«
—;
2,371,928
2,894,244
74,236,190
Binghamton—~
...
,
71,067,901
1,377,410
1,643,150
1,501,073
_.
5,715,222,185
6,466,347,111
16,257,986
:
New York
'
■
15,924,651
Rochester-
—12.9
5,121,935
4,523,331
+ 10.1
1
1
1
1
8,898,113
275,053,498
9,600,394
—
1,736,298
Total (10 cities)
-
+
8.6
7,120,380
260,321,000
218,880,289
+
1.7
8,787,688
7,829,778
1,512,341
+ 14.8
1,460,333
1,779,353
1,563,652
1,461,881
+
7.0
1,116,928
1,276,063
438,713,910
Colorado—Colorado Springs
Pueblo
.
Eleventh Federal
408,224,468
+
7.5
373,099,432
329,974,224
Reserve District—Dallas—
6,297,617
1
J
J
'
j
I
•
5,068,997
)
—
Wichita Falls
—
6.1
4,540,616
3,318,430
9.1
155,153,000
+ 18.4
20,760,526
155,355,000
19,186,206
5,210,000
4,359,000
2,600,986
+ 19.5
3,617,000
2,246,242
3,098,000
+ 40.2
8,168,279
8,088,730
+
1.0
5,801,967
6,367,164
278,115,667
Galveston
Louisiana—Shreveport
+
+
21,048,910
3,647,453
Fort Worth
211,753,000
24,928,138
Dallas
4,779,289
231,093,000
Texas—Austin
Total (6 cities)
Federal
Reserve
252,629,924
192,119,351
188,997,909
85,862,288
79,755,949
3,429,428
83,354,773
1,673,109
+ 42.7
10,705,402
11,905,951
—18.0
2,124,557
1,651,193
4.5
58,392,244
59,798,686
+
104,592,028
—
Oregon—Portland
—
Utah—Salt Lake City
California—Long Beach
114,999,836
3,151,950
3,310,249
142,525,811
55,892,240
8,530,505
127,268,306
Stockton
6.8
1,263,731
914,571
9.5
1,576,520
1,118,122
—11.6
5,852,541,341
8,090,724,618
2.1
14,652,522
6,874,941
351,368,083
9,434,411
4,118,531
7,716,080
1.6
8,254,403
7,239,287
9,454,296
Total (10 Cites)
54,430,157
—
9.0
4.8
3,809,257
+ 12.0
83,990,451
2.7
44,061,938
1.4
7,955,770
—
+
8,652,151
—
6,942,517
—
•.
*
38,539,677
7,808,396
1.0
6,530,391
6.3
347,380,681
6,016,306
351,444,453
3.1
9,082,260
9,430,595
12,501,188
+ 10.9
+ 10.1'
District—Saa Frame!seo—
Pasadena
1,283,364
■■
Hmlra_—
Jamestown.
5,334,301
9,796,256
'
Buffalo
1
9,761,218
'
Yakima
York—Albany
83,767,872
298,574,115
—
Washington—Seattle
,
10,065,659
J
I
83,982,724
+
—
Wichita
Twelfth
14,367,504
j
5.9
100,529,536
•
511,683,235
—
Second Federal Reserve District—Now Tort—
New
!
312,032
5,097,552
7.1
230,178
2.1
+
439,224
5,493,841
—
210,337
392,107
+
1,084,625
622,151
•
1.4
+•
Kansas—Topeka
0.3
4,559,259
—
390,898
5,059,969
4,644,221
—
Missouri—Kansas City
St. Joseph.
—23.6
1,888,527
6,482,739
—
New Haven
$
—
,
„—
1945
1946
or
3,651,229
:
Portland—'.
Inc.
Omaha
383,537
399,213
5,418,888
106,437,672
—-
Lincoln
Week Ended Nov. 27
1947
382,377
—
!.
Hastings
jfor four years:
1948
Clearings
Nebraska—Fremont
J
7,754,332
—
+
,+
San Francisco
—
San Jose
—
Santa Barbafa—
—
374,925,513
—
9,147,217
3,818,846
+
7,555,088
+
+
7.8
3,148,911
2,900.806
2.1
6,875,902
6,055,013
*
Syracuse.
-
Connecticut—Stamford
New Jersey—Montclair..
Wewftrk:
Northern Mew Jersey
,,,
—
8,958,013
9,107,545
14,299,461
12,899,193
564,387
513.846
37,694,448
40,138,831
—
+
—
Grand
9.8
582,739
37,477,982
(111
488,299
6.1
Total
43,530,654
Outside New York
48,606,875
41,488,931
+ 17.2
40,205,913
45,837,654
5,935,505,491
0,673,326,395
—11.1
6,037,231,650
8,283,464,555
♦Estimated.
tNot
Total (12 cities)
included
JNot
available.
in totals.
694,204,580
711,049,880
12,181,253,070
12,673,592,362
6,466,030,835
——
cities)
6,207,245,251
—
—
+
2.4
598,697,849
3.9
11,171,580,473
4.2
5,319,039,132
588,735,396
;
13,38,8,53?,161 d
5,297,807,543
^
i
| /■'*
48
COMMERCIAL
THE
(2364)
FINANCIAL
&
CHRONICLE
Monday, December 6, 1948
PARTIAL
Foreign Exchange Rates
the
Secretary of the Treasury the buying rate for cable transfers
give below
Algoma
Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
Pursuant to the requirements of
to
Company and Issue—
Bolivia
record for the week just passed:
a
RATES
CERTIFIED
FEDERAL
BY
NOV.
26,
RESERVE
1948 TO DEC.
BANK
TO
ACT
TARIFF
UNDER
TREASURY
OF
1930
and
5%
mtge. A collat. trust inc.
Western
&
Chilean
INCLUSIVE
1948,
2,
Indiana
bds.,
Iodine
&
income
Value
United States
in
20-year
in New York
for Cable Transfers
Buying Rate
1
Sales
1962_Mar
Eastern
Nov. 26
Nov. 29
Nov. 27
1st
Dec. 2
Dec. 1
Nov. 30
FOr
"regular"
For
Australia,
.297733"'
.297733*
.297733*
.297733*
.297733*
.251247* *
.251247*
.251247*
.251247*
.200000*
.200000*
.200000*
.200000*
3.212313
—
3.212313
3.212313
Closed
3.212313
.054406
franc
.022848
.022846
.022848
.054406
.054405
.054406
.054406
1.000000
1.000000
1.000000
1.000000
1.000000
.924531
.924453
.923750
.922265
.924921
-
koruna
Czechoslovakia,
Sngland,
sterling
(Metropolitan),
.208535
.208535
4.031484
Netherlands,
of,
,
.301678
.004671*
.003172*
.301678
.301678
A.
Oil
.145079
.145179
.375788
.375700
.375711
Co.
of
1.000000
1.000000
1.000000
.921875
.921250
.919791
.922500
3.991542
3.991542
.
W.
Electric
Denver
La
bonds, due
California,
pound
Power
Salt
&
2 % -3 Vt %
bond.->
tApplication depends
due
thousands
.091324
.091324
.091324
.233629
.233629
4.007500
4.007500
1st
Sash
,
Montreal
.233629
4.007500
National
4.007500
Cottons,
Ltd.,
.658300*t
.658300*t
.658300*t
.658300*1
New
Brunswick
.588223*1"
.588223®t
.588223*t
New
York
,561799*1"
,561799*1"
.561799*1
.561799*t
.531909*1"
531909*" t
.531909*" t
,531909*t
&
000.000 in the San Francisco District, $31,000,000 in the
Nov.
U.
S.
$
Cleveland
$421,000,000 at all reporting
member banks. Holdings of Treasury certificates of in¬
debtedness decreased $58,000,000.
District,
and
Govt,
+
4,999
+
22,838.612
244,854
932
306,366
933
5,931
+
10,632
—
—275,498
47
—
purchased
*
1,526,260
+
55,686
—
1,470,574
+
5,138.794
+
113.000
6,061.119
+
40,500
+
16.000
796.950
-
43 985
+
2,711
—
—
—
States
all
at
11,168.376
Total U,
S.
2.549
+
403
Government
deposits credited to domestic banks decreased
$202,000,000 in New York City, $144,000,000 in the Chi¬
cago District, $56,000,000 in the San Francisco District,
$54,000,000 in the Cleveland District, $51,000,000 in the
Philadelphia District, and by lesser amounts in other
Due
F.
from
+
securities.
23,165.239
+ 172,049
+
23,472,538
—103,496
+
R.
foreign banks
Notes
Uncollected
Bank
and
other
of
Other
banks—
130,818
...
2,743,698
items
premises
■!
49
32,175
^
assets
231,668
—
7,381,749
—
assets
49,749,412
.
Inc. ( +)
Dec. (—)
10,091.743
1.086,279
5.122
13,226
65
+
Co.,
2.703,159
24,178.838
12.569
527,653
57,504
2,838.418
—123,511
270,741
23,064
22,608
+
Real
Deposits:
S.
bank—reserve
Treasurer
—
19.876,917
acct.
gen.
acct.
1,526,782
Foreign
Other
489,004
-
—
Total
437,864
....
deposits
22.330.567
Deferred
availability items
Other liab., incl. accrued divs.
2,438,081
13,778
—
+
—
18.340
81,412
—176,291
+
3,050,355
40,724
+
111,322
+
725
—
6.448
—
liabilities
48,961.264
—123.723
+
2.627,576
—
+
+
270
+
Other
National
National
for
—
23
+
1,199
7)—
Surplus
13b)
Other
(Section
capital
accounts
Contingent
purchased
obligations
+
166
624
+
232
455
/
'
+
45
—
8.366
88
49.749,412
+
5~,664
—118,030
4
—
198
—
506
+
30
+
10
+
make
2.703,159
—
30
—
+
10
+
198
securities—total
R.
49.2%
+
0.2'
+
0.5%
bills
—
1,050
loans
6,022
75
—
Co.
(SI
Co.
($1
The condition statement of weekly
reporting member
the Federal Reserve System in leading cities
shows
the
following
principal
changes
for
the
week
—
4,651
+
1,069
—
58
+
664
Adams
1.692
+
14
—
305
Aeolian
Reserve
Banks
—
Then
—
42
+,
817
131
2,107
+
243
—
—
—
for purchasing or caryring United States Government
other securities increased
$277,000,000, largely in
New York City.
and
—
Holdings of Treasury bills decreased $156,000,000 in
New York City, $98,000,000 in the Chicago District, $46,-
—
+
391
Alexander
329
Allegheny
Allen
5
+
286
776
—
764
&
of valuation reserves, instead of
Year-ago figures have been adjusted to
22
American
as
gross
&
Sugar
Alliance
"
■
and
common
were
(s-a)
(quar.)
Co.
(N.
Y.)
7%
Gulf &
Illinois Central
West
Indies
SS.
Lines,
common
stock.. .Dec
RR., 4%
gold bonds, due 1952
Mortgage Corp.—
20-year collateral trust bonds, series A, due 1954.
Special interest notes (unattached to bonds)
.Dec
Co.,
Extra
11-19
3
12-21
1-
3
12-20
1-
Metal
Co.,
News
Co.
12-17
1-14
12-20
Ltd. (year-end)
(bi-monthly)
Reserve
Insurance
American
Service
class A
1
548
American
.Jan
1
548
Amra
Viscose
Co.,
6%
5
12-13
3
12-16
12-10
4
12-10
1-
1
12-
1-
1
12-
9
1-15
1-
3
12-22
12-10
12-11
12-21
1-15
1-15
1-
9
1-
5
1-
5
3
12-15
12-31
12-20
50C
Co.
pfd.
i
Vitrified
12-11
1
12-11
1-
1
12-11
1-
3
12-15
3
12-10
1-
7
12-15
75c
2-
1
1-17
12-21
12-11
$1.50
(increased)
—,. -
1-
$1.50
(quar.)
year-end)
.
•
$1.50
2-
$1.25
_
Products
1
1-
(Indianap¬
—
(quar.)
1-
$3
__
Co. pfd.
(qudr.)-
1
1-17
12-15
$1
12-22
20c
1-15
1-
5
tlOc
Corp.
(increased)
Huronlan.
Ltd.
(s-a)
American
5
1-
50c
(s-a).——
(irreg.)—
Corp., common
——
Anglo-Iranian
1-
$3
Association
preferred
.Jan
"
Co.
Insurance
Turf
Extra
1-
30c-
States
Tobacco
American
12-20
12-13
12-15
50C
—
(quar.)
American
-
1-
$1
(annual)
American
2012
12-23
25c
(quar.)
Co., common
(annual)
preferred
Anqr'o
1-15
$1
American
Philadelphia
12-23
$1.75
Co.
5%
1-14
1-15
25c
common
——
$3
12-20
12-10
3
$1.75
Optical
2120
2231'
1
1-
35c
-
(quar.)
_—
American
2222
Transportation Co.—
mortgage 3%-6% bds., series A. due 2039
.Dec 15
Taylor-Wharton Iron & Steel Co., common stock—;.—.
.Jan; 4
12-10
60c
common
Maize-Products,
preferred
(quar.)
American
Union
_
1
12-
$1.75
(year-end)
2109
27
12-10
50c
—
—
American
Page
10
1
12-28
18 6/10c
Co.
preferred
olis)
6
1
12-
—
Co.,
Ice
'
preferred stock—. .Dec
12-
12-15
25c
;
$3
Date
6%
3
12-24
50c
Locomotive
American
Light & Traction Co.,
3
12-
10c
Can
American
Company and Issue—
12-
3
12y2c
class A
Corp.
Year-end
7%
TENDER
3
1-
$1.50
(quar.)
Insurance
American
given in the "Chronicle."
OF
3
1-
$3
_
7% pfd. (quar.)
American Encaustic Tiling Co., Inc.—
list of corporate bonds, notes,
stocks called for redemption,
NOTICE
12-
25c
Bosch
American
basis.
Notices
a
3
25c
Redemption Galls and Sinking Fund
Below will be found
3
1-
50c
Corp.
Co.
7
12-
2V2C
Ltd
Dye
12-
3
1-
gross,
previ¬
12-15
1-
$1.06 y4
(quar.)..
Ry. Co., guar,
Equipment Co
&
Amalgamated
—
net
a
12-30
12-21
37y2c
(quar.)
Baldwin,
Chemical
American
deduction
7
12-22
$1
Western
&
43
reported
12-
3
50c
(increased)..
Salmon—
preferred
+
22.490
are
7
3
1-
62V2C
—
Extra
Items
12-
1-
50c
(quar.)
Co.
common
Electric
Allied
3
25c
(quar.)_
Co.
Bolderi
1-
$3
Quarterly
Individual loan
When
Payable of Ree.
$1
Surety
&
Insurance
Inc.,
+
1,421
1948,
are:
35c
-—
(s-a)
Mills
+
"
8,762
pfd.
$6
Special
Consol.
when
65C
—
(Del.)
Pacific
4*4%
206
425
ously reported.
National
table in
50c
Alabama
219
which the details
ers
week
Share
(quar.)—
Manufacturing
D.)
Life
681
25
1,458
banks
this
Year-end
Atlantic
20 y#
50C
—
394
+
14,849
week
American
second
a
in the week
Extra
17
domestic banks, and increases of $394,000,000 in demand
deposits adjusted and $286,000,000 in borrowings.
Commercial, industrial, and agricultural loans de¬
creased $18,000,000 in New York
City and $23,000,000 at
all reporting member banks. Loans to brokers and deal¬
85V2
'
—;
previously announced, but
announced
Fitch,
Corp.
Alden's,
47.301
&
Casualty
Aetna
2,230
+
8
—
Treasury
deposits, and $776,000,000 in demand deposits credited to
Decreases of $421,000,000 in holdings of
bills, $206,000,000 in United States Government
230
—
par).——.
($20 par)—
Extra
demand deposit accounts, except
and
U.
S.
Govt,
accounts,
preferred
—25c lot
par)—
follow with
we
.
(J.
Aetna
6,079
1
—
14.688
-
13
+
.
Abercrombie
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
ended Nov. 24:
$1 lot
par)
——
($100
show the dividends
American
banks of
par)
Extra
452
Borrowings
before
167.
are
Laboratories
421
1,421
Condition Statement of Member Banks
($300
Estate Truste-es
dividends
Abbott
4.457
deposits adjusted
Time deposits, except Government
U. S. Government deposits
Interbank demand deposits:
1.e.,
59
indus¬
Mines
Mines
Name of Company
37
490
—
vault
tBeginning June 30,
cor¬
&
&
Per
—
4,177
Federal
235
2,090
24,834
with
during
Tunnel
Investment News Department"
33.073
securities
to
2271
§Vol.
$ per share
Tunnel
week.
we
The
653
3,892
Foreign banks
+
165.
18
+
banks—
Domestic
tVol.
166.
declared.
interbank
1.791
to
61,646
+
1260
27
grouped in two separate tables. In the
bring together all the dividends announced the
we
and
17
4,045
Balances with domestic bank3
Debits
respondents
trial
+
+
+
re¬
combined
liability
on
for foreign
Commitments
5.483
112.203
gold certificate
serves, to deposit and F.
liabilities
+
27.543
of
note
29
448.189
Total liabilities & cap. accts.
Ratio
200.213
2123
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
pur¬
Demand
—
•
§1591
1
Jan
STOCKS
Western Real
Alaska
Capital paid in
Surplus (Section
1
1
stock
fVol.
Hadley Falls Trust Co., Holyoke
which
Liabilities-
Capital Accounts—
issue.
Athenaeum
Boston
current
carrying:
Government
Reserve
2122
$2004
DIVIDENDS
agricultural
bonds
S.
this
,
Dividends
2,237
Treasury bills
Treasury certificates of indebtedness
Treasury notes
U.
14
Power Co.—
Dec
17
2,113
loans
S.
Jan
stock—
2010
Any time
97
2,580
268
loans
to
Cash'in
Total
185
+
securities
estate
Other
U.
1
Wentworth Hall, Inc., debenture 3s, Oct.
1,
1956
regular; 58J/2 shares Wentworth Hall, Inc., common—$7,000 lot
Harrison, White, Inc., preferred ($100 par); 150 Harrison,
White,
Inc.,
common
:
$10 lot
first
—
purchasing or carrying:
Government obligations
S.
•
Jan
Anytime
preferred
1st
1954
for
Loans
Member
and
dealers
securities
Other
notes
and
Government
loans
U.
U.
or
S.
Other
Liabilities—
Reserve
industrial,
Dec .31
due
A,
.
1
1947
25,463
brokers
in
or
15,545
to
stock
series
due 1951preferred stock
B
Since
25,212
chasing
155,904
+
class
1,000
Nov. 26,
62.462
loans
Loans
993
Other
Federal
•
1257
164.
150
(in millions of dollars)
Investments—total
Commercial,
21.621
8,580
and
Loans—grosst
19.373
+
—
1948
Loans—net
46
—
Nov. 17,
Assets—
1,045,408
—118.030
+
27
t
Nov. 24,
U.
Total
1901
2226
$11,666.66
Borrowings increased $181,000,000 in New York City
and $286,000,000 at all reporting member banks.
A summary of the assets and liabilities of
reporting
member banks follows:
preferred
bonds,
Co., preferred
Iron & RR. Co.—
Coal,
Corp.,
120
659.300
—
—
1
1
Dec
Cement
Shares
districts.
1,005,286
—
securities..
Govt,
loans
Jan
Auction Sales
Demand
Loans
Total
12142
Transacted by R. L. Day & Co., Boston, on Wednesday,
Dec. 1:
reporting member banks. United
deposits decreased in all districts.
1S48
Bonds
t2410
Co., 5% convertible preferred stock—__Jan
Co., 6% debenture bonus, due 2024
Jun
Portland
•Announcement
J! Vol.
6,311
—
securities:
Bills
Notes
3,
1947
—
Certificates
1
Apr
Light, Heat &
bonds, due 1949
4%
increased $249,000,000 in
the Chicago District, and
adjusted
deposits
$394,000,000
-
628,182
i...
Dec.
24,
1948
22.260.430
1477
July
Anytime
1951
1
Leather
Power
Wacker
Page
Jan
1950—1
Electric
money
Ohio
Pacific
Demand
$
—
*
Corp.—
trust
Power
Gas
Purchase
7%
Mortgage
collateral
,588223*t
dollars)
of
1948
Industrial loans
1
Weight Corp.—
bonds, due 1949
Union
20-year
type of merchandise.
upon
Dec. 1.
Acceptances
1967.Jan
mortgage 6%
.278228
.278223
.278228
.278228
.233629
decrease (—) since
advances
•
2164
Anytime
National
.091324
New York City, $91,000,000 in
gold ctf. reserves.
1
7
Longines-Wittnauer Watch Co., Inc.—
$1.20
convertible
preferred
stock
Closed
*
«
1978.Jan
due
due
due
.201580
Increase (+) or
cash-
31
1949-1964—
.040314
Reserve Banks Combined
R.
1970_Dec
2009
0
CALLED
5s,
mtge.
.201580
Statement of Condition of the 12 Federal
F.
31
Ry.—
General mortgage 5s,
and
1st
.040300
.53i909*f
peso„
for
15
Dec
debentures,
.201580
.561799*1"
fund
Dec
Date
Co.,
Lake
.588223*1"
.
peso
notes
2225
bonds__Dec
1961
Dec
ISSUE
.040312
4.007500
.658300*1"
peso
Discounts
3%
.201580
.278228
certificates.
due
1950
.040321
.233629
Assets—
series
1964
mortgage 4% bonds, series A,
Cooperative Federee de Quebec—
Tennessee
Total
due
.091324
(In
15
•
Paper Co., Inc.—
Ohio
Other
bonds,
.201580
.040321
•Nominal rate.
•
:
convertible
Butte
'
3.991542
3.991542
Closed
3.991542
peso
Redemption
5%
debentures,
1st
pound
Africa,
31
:
notes, series F, due 1955
Appalachian Power Co., 6% debs., series A, due 2024
.375757
1.000000
P.
6%
.145223
.145147
1.000000
-
Norway, krone
Portugal, escudo
Spain, peseta
Sweden, krona
Switzerland, franc
Gold
Corp.—
1st mtge.
5%
ENTIRE
.004671*
.003176*
.301673
.003172*
.
.375725
.922083
South
Union
,
Free
of
.004671*
.003174*
.004671*
.
.145156
-
Zealand,
4J/2%
mortgage
2117
1
1961
Power Co.—
4.031484
.301678
'
guilder
Official
1st
2117
7
Company and Issue—
rupee
Newfoundland, dollar—
Water &
2
.208535
4.031484
.004671°
.003174°
•-
India, Dominion
Mexico, peso
Jan
Dec
due
Refunding mtge. & collat. trust 3Vi % bds., due
Tampa Electric Co., 1st mortgage 3% bonds, due
Union Gas Co. of Canada, Ltd.—
franc-
Free
Uruguay,
Uruguay,
Uruguay,
Uruguay,
Closed
4.031484
.
_Jan
series A
leasehold
mortgage
Pennsylvania
.020060
.020060
.020060
.208535
4.031434
.208535
pound
Official
Union
.020060
.020060
Denmark, krone
France
1st
dollar—
Official
Free
stock,
•
,
Transportation
preferred
Mading Drug Stores Co.,
Park-Lexington Corp.—
.022848
cruzeiro
bonds,
•
31
Jan
Corp.—
Haggard & Marcusson Co.,
3.212313
.022846
Canada,
American
$4.25
.251247*
products.
products
industrial products
pound
Belgium,
Uracil,
New
':'"
.200000°
"non-regular"
For certain
$
S
• * 1
■
Power
ZVt'k
mortgage
General
Argentina, peso—
York
New
1
Dec
de Tarapaca y Antofagasta—
serial debentures, due 1968
Corp.,
prior preference stock.—
5%
•
2222
Corp.—
debentures
Cooper-Bessemer
Money
1477
1
RR.—
refunding mortgage 4Vis, series D, due
Nitrate
sterling
Jan
A
ser.
Coinparia Salitrera
Noon
Country and Monetary Unit
J
Page
Terminals, Ltd.—
deb. stock and bonds, due 1959—Dec 31
Electric Power Co., 4.50% pfd. stock
Jan
3
mortgage
Ry., 5%
Chicago
1st
EXCHANGE
FOREIGN
Date
Central
1st
Appalachian
We
the different countries of the world
on
5%
REDEMPTION
,
1-29
1-
5
Oil—
deposit
receipt?
(year-end)
;
10c
I
12- 6
11- 5
-
Volume 168
THE
Number 4757
Per
Name of Company
Share
Angostura-Wuppermann
5c
;
Extra
Milling
Arkansas-Missouri
Steel
Class
B
(quar.)
class
A
12-15
25c
1-
3
3
3
12-16
Atlantic
3.757©
Class
A
B
Products,
67c
F.)
&
Co.
Allied
25c
25c
(quar.)
25c
(quar.)
37 7zC
pfd.
50c
(quar.)
5
preferred
Oil
12-20
1-
3
12-20
Baumann
472 7c
Bros.,
Crown
Cuban-American
1-14
7%
12-
3
7%
Sugar,
preferred (quar.)
preferred (quar.)
12-20
12-
3
77c
Davis
Coal
Dean
Phipps
Debenture
12-
12-10
Detroit
12-31
12-21
12-31
Dewey
12-21
12-15
12-10
Diamond
1-15
Hotel
Decker
Dictograph
Distillers
12-20
Disston
12-30
12-20
Doehler-Jarvis
12-13
12-
1
12-15
12-
4
Dow
12-15
12-
4
Duke
Bliss
(E.
Co._.
W.)
~
Mfg.
Co.
Blue Diamond
(Calif.),
Bohack
<H.
5 7c
C.)
Co., Inc.,
Stock
dividend
Boston
$1.25
(Boston)
__'
preferred
(quar.)
5 7c
preferred
(quar.)
$2
J.)
& Spns
___
1
12-20
$7
1-
cumulative
Brass
British
class
Corp.
Columbia
(quar.)
Corp.,
(quar.)
Distillers,
Co.,
Co.
Watch
Inc.
12-15
1-
3
12-15
47a%
1-
3
12-15
Famous
1-
2
12-10
Fanny
1-
2
12-10
12-23
12-10
Farrell-Birmingham
Fashion
Faultless
12-
Fear
(quar.)_;
1- .3
&
Hecla
Cement
A
Class
&
Copper
Forgings,
B
quar.)_
__
preferred
Electric
Investment,
Ltd.
General
1-10
$70c
1-
3
City
$$2
(quar.)____
Ltd.
1
3
$20
12-10
12 V2C
12-20
Co.
(quar.)_
Company,
preferred
Investment
Corp.
12-15
1-10
12-20
40c
12-30
12-30
32-15
(quar.)
50 e
Co.,
preferred
Dock
5%
B
preferred
A
•
Western
series
Pneumatic
__.
l__
common..:
__,
(quar.)__
Cincinnati
Shore
.
-
Fuel
&
Clearfied
&
South
Bend
RR._.
Coca
12-20
1-
2
12-20
1
11-23
1-10
1-
5
$2
12-31
12-10
12-31
Corp.
preferred
A
&
,
12-28
12-14
$1
12-28
12-14
25c
1-
3
12-14
12-15
12-
3
12-
12-31
12-15
$1.50
$1
3
1-
3
12-21
1-
3
12-20
12-27
12-10
Electric—
Bottling of Los
Angeles
25c
(s-a)
12-31
12-11
50c
12-15
12-
6
Felt
Class A
Hubbell
12-10
11-26
12-15
12-
12-
6
20c
12-28
12-10
12-28
1-
1
12-
8
$75c
1-
1
12-
8
Inc
50c
Imperial
American
12-20
12-14
12-
$1
deposit
receipts
Pneumatic
12-13
12- 3
$6c
12-14
11-10
$1.0674
$1.25
,
3
12-15
12-15
Industrial
Bancshares
12-28
12-15
Industrial
Silica
12-28
12-
3
672%
12-10
12-
3
Industrial
12-15
12-
12-23
12-10
$1.50
12-29
(quar.)
Corp.
Corp.—
:
12-10
12-15
12-
1
12-
1
12-10
$1.65
1-. 3
12-15
12-
12-15
12-
3
25c
12-31
12-15
3-10
1-
3
12-20
$3
1-
3
12-
Steamship
Co.
(year-end).
$1.25
(s-a)
1,—
_
(quar.)
1-
12-15
3
67<?
non-cum.
International
&
Coke,
Ltd.—
7
12-28
1-
7
12-28
$ 172
c
12-
7
Investors
12-
3
Iowa
1-15
12-27
12-16
25c
12-23
12-11
$1
12-30
12-20
10c
%2-15
12-
12-23
12-11
51c
12-24
12-10
(quar.).
5
12-18
12-
8
5c
12-18
12-
8
30c
12-20
12-15
Management
Electric
Light &
Fund,
Power
67?
preferred
preferred
-
(quar.).
1-
2
12-15
1-
2
12-15
$1.75
1-
2
12-15
$1.50
82 72 c
75c
1
12-24
12-10
377aC
$6
12-21
12-
4
50c
12-21
12-
4
12-21
12-
3
preferred
(quar.)
Jewel Tea Company, common
12-11
$1.1272
(quar.)
(year-end)
pfd. (quar.)___—
1-
$25c
(quar.)
12-11
56 7«c
—.
1
60c
(quar.)
3%%
preferied
12-20
6%
3
12-15
6%
non-cum.
11-30
3%
(quar.)
preferrd
B
._—_
—^—
(quar.)
8
12-15
35C
—
12-
6
C
2-
1
12-15
12-
12,
1
11-26
12-
1
$3
12-
1
12-1
50c
12-22
12-10
12-
11-26
Steel
(quar.)__
37 72C
1-
3
12-15
Lamaque Gold
Mines,
(quar.)___—
25c
I-
3
12-15
Lambton
&
3772C
12-15
1
3-15
.___
1
6-15
10-
(quar.)
______
37 72 C
1
9-15
(quar.)
—
25c
12-23
12-16
12-23
12-16
$3
Company,
General
General
Building Corp.
;_—
55c
1-31
1-14
Lincoln
National
33c
12-24
12-10
Corp.
Instrument
General
Manifold
General
Phoenix
Telephone
Time Instruments,
Extra
;
Match
preferred
Glen-Gerry
Co.,
1-
2
25c
1-
3
Hosiery
Shale
Brick
(quar.)
Globe-Wernicke,
Godman
Goldblatt
(H.
State
iW.
preferred
Company
Inc..
Bros.,
Golden
Great
7%
C.)
12-15
11-30
Long-Bed Lumber iMd.), class A (accumJ
Long-Bell Lumber (Mo.) (year-end)
12-
8
Longines-Wittnauer
12-28
12-
7
50c
12-31
$1.20
Co.,
T.)
Los
Louisiana
1-
3
12-14
common
12-
1
11-22
1
11-22
12-15
1
12-15
15c
12-24
12-14
Mackinnie
12-24
Lakes
Great
West
Great
1-
Quarterly
12-20
12-10
(N.
Life
Co.,
Inc.
Assurance
Class
2
12-10
1-
2
12-10
12-29
12-13
12-29
12-
7
12-27
1-
3
12-14
55c
1-
3
12-14
Manhattan
1-14
12-20
Manufacturers Life
1-14
12-20
12-10
1-
1
12-20
$$3.75
1-
3
12-20
Financial
12-20
12-
5/
Co.
(s-a)
*
Marine
(s-a)
12-
1
12-
1
12-30
12-16
12-31
12-10
12-31
12-10
12-17
1-15
12-31
133/ic
(Toronto)
12-15
12-15
20c
Corp., class A
Ins.
International
Maritime
77?
8*.
50c
Co., Ltd., American
Common
(Winnipeg)
8*
12-
11272c
Petroleum
B
Marconi
tions
12-
1-15
12-31
25c
12-31
12-16
772c
25c
12-23
12-15
12-15
12-15
25c
Drug Stores, common...
preferred (quar.)
Class
12-29
lc
Mading
1272c
—
12-10
1-
15c
B
12-31
12-16
1$7
Telegraph
&
(quar.)._—!
preferred
(quar.)
12-10
1-
3
12-23
12-
Communica¬
deposit
receipts
—_!____—4%c
(interim)
Co.
12-15
12-31
127aC
(quar.)
Drilling (year-end)
MacMillan (H. R.) Export Co., Ltd.—
Class A (quar.)
:
12-27
10c
(quar.)
12-22
3
25c
(quar.)
&
1-15
Ltd.—
preferred
7
12-15
12-
11272c
Oil
MacMillan
Y.)-
iquar.)__.
12-
12-29
677ac
12-10
93%c
Co,
Lines
Exploration
Royalty Co
:
Lyon Metal Products (quar.)
3
1-
62 72c
10c
Industries,
convertible
West
12-14
3
12-20
$1.75
30c
Felt
&
Extra
(quar.)_
Insurance
12-15
12-13
70c
1
Extra
Great
Transit
Land
1-
Quarterly
1
1-24
$1
Lusk
Angeles
1-
(quar.)_
1
Ludwig Baumann & Co. (see-«Baumann,
Ludwig).
10%
12-
—
2-
$1.60
12-14
25c
(quar.)
12-
28 66/100c
12-14
•
preferred
American'
preferred!_
12-13
15c
pfd.
11-10
12-15
Inc.—
3
1-
40c
$1.50
Ltd
Company,
Co.,
1-14
,
25c
$2.50
Watch
convertible
$1.25
(quar.)
12-10
tl5c
12-15
—
_____—
12-10
110c
—
(quar.)
12-10
377ac
Theatres, Ltd.
Mills, Ltd. (quar.)
$1.06 74
—
preferred
(quar.)
12-23
3
3
1772c
12-22
(quar.)
$5
1-3
1-
1-
t$l
50c
(Marcus)
10c
Power
12-15
12-10
25c
London
___;
3
30c
1
Co
11-26
_
1-
1-3
30c
127aC
(quar.)
—
Georgia
(quar.)
12-17
—
12-15
$1
:
8
(quar.)
common
3
(Fort
3
________—
Co*
Co.
50c
dividend
Marble
Indiana)
< initial)
Insurance
10c
(quar.)
General
preferred
Life
1-
12-16
1-
(Tenn.)—
:
Y.)
12-
(resumed)
Corp.
Co.
(N.
10c
(quar.)
Printing_
General
Stock
Insurance
—
Corp.
&
Corp.
7
12-11
30c
;
—
(quar.)__:
3
1
15c
(quar.)
$3
—
(quar.)
Georgia
Lion
Loew's
Refectories Co.
47t%
12-15
12-13
1-
12-
2-
}$1
Lindsay Light & Chemical. 77c pfd. (quar.)
Lipton (Thos. J.), Inc., 6% pfd. (quar.)___
(quar.)
General
General
& Casualty
Quarterly
3
12-15
30c
Lincoln
12-31
3
1-14
30c
Life
Wayne,
1-
12-21
—
(quar.)
1-14
Investors—
Brewing
B
11-29
1-
C.j
$1.1272
American
preferred
$4.50
Class
12-31
20%
12-15
t25c
S.
Quarterly
Liberty Loan Corp., class A
1-31
$1.50
11-30
12-28
t$1.50
(Sarnia, Ont.)
;
1-20
(quar.)_
11-30
12-15
%12VaC
,___
Extra
12-10
Corp.
(stock dividend).
Mountain* Coal
Gauley
Investment
Extra
preferied
(irreg.).
Lang (John A.) & Sons. Ltd
Liberty Life Ins. Co. (Greenville,
Inc.—
convertible
B
Loan
Ltd.
$2.50
(quar.)
Investors
(year-end)
11-30
12-15
50c
1772c
_
com.
12-15
$1.50
$35c
pfd.
Malting,
11-26
12-15
t25c
,____
Co
Year-end
(accum.)
(quar.)__
Canada—:
&
preferred
Class
.
of
Ltd
(John)
3
12-15
1
25c
Company
Laclede
preferred
Properties,
&
Labatt
prior
Co.
(Walter)
12-10
(quar.)—
Grain
Kidde
11-30
1-
1-
43c
(s-a)
12-15
7-
1
12-30
12-10
45c
(s-a)
"B-l"
12-15
4-
11-26
11-26
55c
"K-2"
12-23
3772C
5%
75c
Special
12-21
preferred
Louis
Series
75c
37 72 c
11-26
(1
Keystone Custodian Funds—
2V2C
prior
St.
(s-a)
3772C
:____
7'
-
:_
prior preferred (quar.)
prior preferred
(quar.)
7
$3
$3
J
dividend
preferred
-
1-18
(s-a)_
(quar.)_
Corp.
9
2c
Inc., 572% pfd. (quar.)
(James R.) Corp., common
Series
Field)
Fund—
Steel
67?
9
12-10
$3
preferred (initial)
(year-end)__
Co.
Stock
12-20
12-10
(s-a)__
preferred
non-cum.
Kawneer
1212-
93%c
:
non-cum.
12-10
12-15
1
3
3
Manufacturing Co.
(quar.)
Kansas, Oklahoma & Gulf Ry. Co.—
67? cumulative preferred A (s-a)
2
12-15
1-
1-
Justrite
1-
75c
1-
12-15
75c
1-
50c
$1.50
Year-end
12-15
$$1.25
12-16
$1.6272
Co.—
1-
12-20
Co.—
(quar.)
7%
Inc.—
*
1
12-27
Year-end
12-15
30c
12-
30c
127aC
(quar.)
12-15
$50c
12-16
-
12-10
1-
$1.20
preferred (quar.)
Investment Co. of America
50c
—
Coal
12-20
1
6
20c
)
(quar.).
$4.80
1272c
__—
preferred
3-
20c
•
3
25c
12-10
16C
27aC
12-20
25c
54c
(accum.).
Stamping & Mfg._.
preferred
Interlake
;
:
12-31
20c
r~
12-17
3
12-10
12-10
3
1-
12-13
12-13
12-31
12-15
12-10
$1.75
3
3
$$1.25
25c
12-10
11-
12-31
$3772C
p
75c
3
1
$$1.0674
preferred
1- 3
1-
6
12-27
12-
(quar.)
1-
$1.50
10-
50c
20c
A
(quar.)
$25c
5%
8
Tool__-
i_
472%
12-
3
•
preferred
$1.62 72
Co.,' class A pfd.
Pressed
12-10
class
Co.,
.
5%
-
4
25c
—
—
pfd.
common
12-10
70c
Brick, $6 pfd. (accum.)
Chemical Industries, Ltd.—
$1
Building-
Corp.,
12-20
50c
Press
12-10
Kleiser
12-10
$25c
common
,
Hydraulic
-
3
12-17
(s-a)
$25c
.
—
8
12-20
$1
12-10
&
1
62 72 c
Ltd.,
(Harvey),
1-
$2
(year-end)
Gas, common
preferred
12-13
$1.50
(quar.).
(quar.)_
Co.,
12-24
12-20
50c
(quar.)
Natural
preferred
Hubbard
12-
12-20
3%%
12-10
50c
(quar.)
25c
12-10
50C
15C
Mahoning Ry. (s-a)
Supply Co
Coal
Counties Gas
Cola
2
6272c
(quar.)
Builders
Clinchfield
47*
1-
5%
Inc.
pfd.
12-10
12-20
30c
12-10
12-
$2
75c
—
Co.
Cleveland
Coast
12-20
Advertising Products Co.—
Increased
Ice
&
12-
——
Grant
Chicago South
City
3
12-
12-10
$2.50
—P
A
Tool,
:
preferred
3
12-21
Lekington,
25c
Corp
& Chemical
12-11
12-22
50c
$6
Extra
$3
12-
Ry.—
Common (year-end)
preferred
7
$1
(quar.)
Extra
North
12-
25c
__.
Co.
12-21
12-16
12-15
12-20
25c
(quar.).
(quar.)
Canal
&
2
15c
(quar.)_.
25c
Candy
1-
12-16
25c
:—
Products
1-1
12-20
50c
30c
12-
Garrett
9
12-21
93 %c
Extra
Certain-teed
12-
20c
50c
(quar.)
12-15
11-30
____(
Fundamental
1
65c
$1.25
1
12-
12-10
12-15
$2.20
9
$35c
(quar.)__
common
12-21
12-24
30c
Gannett
50c
6
12-10
12-11
Froedtert
12-13
(resumed)
6
12-
12-21
Fox
12-15
12-
Common
Indianapolis Water
47i %
preferred
10c
12-15
1
12-
90c
Fostoria
12-15
1-
(s-a)_
(initial quar.)
preferred
Chicago
3
3
1272c
Steel
1-
12-24
25c
(quar.)
Corp.,: 6%
(year-end)
Independent
1-
4
12-24
68 %c
Industrial
12-
$1
Kay's-Newport,
Machinery
12-10
3
50c
Kearney
Broadway
1
1-
12-13
50c
Co
Gibson
12-15
3
1
1-
(initial)
1
Ltd., class A (irreg.)
___,.
Carey (Philip) Mfg. Co. common (quar.)___.
&
1-
Ltd.
12-23
6%
12-31
12-
Co
(quar.)
Bearing
3
1-
6%
12-15
1-15
$50c
(quar.)__.
common
$2.60 conv, preferred (quar.)
Chicago
1-
Hotel
10c
Marshall
1-
12-21
11-27
6%
7
12-17
Co.
12-27
12-15
(quar.)__
(see
6
12-23
11-27
(Marshall)
1
12-
12-10 :
12-31
12-11
Mfg.
12-
1
25C
12-18
Foundation
Cardy Corp.,
Chicago
12-
$S7
Capitol Records, Inc.,
Central
3
12-10
12-27
7
30c
12-21
Foster-Wheeler
Products—
Transit
1st
1-
9174C
43 %c
12-18
Tarrant
Foster
7
$$1.50
Co.,
Baltimore
New common
3%%
12-
$20c
Ltd
$$1.50
Westinghouse
of
'
1-
75c
Food
1-10
1
12-31
35c
&
Financial
1-10
2-
12-10
12-10
&
Fifty
12-15
$$1.25
12-15
$1.25
Special
Securities, Ltd.—
Canadian
Carnation
1-15
12-15
35c
45c
(quar.)
(year-end)
Extra
3
12-27
50c
5%
(irreg.)
Co.
43 %c
1
Inc.—
8
(initial)
Ferry Cap & Set Screw Co
Fiduciary Trust Co. of N. Y.
12-15
1
Co
(year-end)__
Capital
1-15
2-
$30c
(year-end)
B
Capital
12-13
1
(quar.)__
General
Co.
.
12-
1-
___.—
(quar.)
Co.
12-.6 *
50c
6%
_____
6
$1.75
Year-end
Ltd.—
Canadian
Canton
12-27
$25c
.
___
General
A
6
2-
____
(quar.)
General Insurance
Class
Ltd.,
Rubber
Follansbee
Canadian
Class
12-
$$1.50
(increased .quar.)
Canadian
12-20
$25c
non-cum.
Canadian
7
Ltd.—
1
Cottons,
Common
1-
2-
Co.—
(initial
preferred
Craft,
(Fred)
Field
Year-end
Canadian
1
$46c
(extra)
Bronze
1
Co.-
(extra)
common
12-
$5.80
(special)__
Consolidated
Foundries
Canadian
3
10c
Portland
12-
12-17*
$1.75
______
12-15
$1.75
A______
Shops
&
'•
12-15
30c
12-17*
1-
12-11
Candy
.
12-
25e
Felt
9
$1
12-13
—_____
Instrument
12-22
12-21
Company (quar.)___———
Federal United Corp., $3 pfd.
(quar.)____—
Federated
Publications
(quar.)
1
75c
.__
Resumed
5%
12-
12-29
—
12-17
3
12-13
12-15
12-10
1-
40c
$1.25
(quar.)
par
Paper
Co.,
&
Inc.
Houston
11-24
12-29
——_—
Farmer
12-14
1-
12-
12-10
$1.75
Extra
3
$40c
12-20
(accum.)___
Corp., common
preferred (quar.)
Players Canadian, Ltd.
12-10
______
35c
3
1
50c
Hotel
—
Finance
12-30
Extra
California
Family
3772C
__i
&
Gas
Ball
12-24
25c
Year-end
15c
Ltd.__;
Co.,
3
Camera
12-10
11-20
Honolulu
1-15
!_____
1-
1-
11-30
75c
Co., common
Extra
1-29
12-29
Corp.
Appliances
Dauch
Horder's,
30c
(quar.)
12-31
10c
Hoover
12-10
$25c
(quar.) ________
____'—
Co
Company
1
$1.75
Burgess Battery Co. (year-end)
Byers (A. M.) Co., 7% pfd. (quar.)
Class
Co.
Plantation
1-15
45c
_____
(quar.) _i___
Products,
Canada
Products
Ewa
12-30
2-
20c
___
(year-end)
(quar.).___
Bolt
Building
t
3
12-10
$1.75
Co.
8
50c
12-10
—
Co.
12-
Extra
5c
A_~_—
Insurance
15c
(year-end)
5%
1-
Fairchild
(quar.)__
common
(quar.)
common
preferred
Calumet
State
Manufacturing
$1.25
Company
Chase
Ero
Ltd.—
;
7%
57fo
Empire
11-30
Exolon
(quar.)____
common
Budd
6%
12-15
1-
1
12-22
:
12-10
(quar.)
$40c
junior preferred
5%
3
12-15
preferred
20c
Bucyrus-Erie
New
7%
Evans
Power
Co.,
Brown-Forman
Bulova
12-15
Mfg.
11-
Co.—
Furnace
12-10
P„.
Electric
8-
1
'
(year-end)
class
1
35c
(quar.)
&
12-31
(quar.)__
Williamsport RR., 7%
Co.,
1
9-
12-
25C
(accum.)
Extra
12-24
(accum.)
Drug
1
5-
Motors
12-20
—
$6 pfd.
2-
1
(year-end)
common
Safe
12-31
)
(quar.),
Light,
Hinde
25c
B
Emerson
Products, Ltd.-
(quar.)
preferred
Buffalo
12-10
$$1
Forest
Extra
4%
12-23
&
Class
12-21
3
:
class
$15c
A
Durrell
5%
Emerson
12-11
Ltd.—
(quar.)___
Columbia
Class
Elmira
12-11
50c
A
British
12-20
30c
Electric,
preferred
British Columbia
Class
A
1
12-24
75c
(quar.)
&
preferred
12-24
3
12-24
12-24
______—
Power
75c
1-
12-10
(quar.)
Ferries,
prior preferred
67c
1-
30c
12-27
12-30
—'
(quar.)
Inc., common
Electric
12-20
Manufacturing Oo.__
Mfg. Co., Inc., common
Brown
9
1
—___
Highway
25c
preferred
1-
3174 c
______
(quar.)
9-16
1-
"A"
W.)
1
1
6-
(reduced)
Co.,
Hercules
9-30
50c
j
Electric
9
12-
B
50c
(E.
4%
12-
12-23
6-17
—
(quar.)_
(s-a)
(Thos. -A.),
Class
3772c
______
._
12-23
1
2-
3-
Co
Publications,
preferred, $25
$1
—.—
Edison
$1
_____
Extra
Bristol
67c
3
6
15c
„
(year-end)
common
6 7c
Brillo
3
12-
12-
12-18
1
10%
Stores
'
12-13
$25c
'.
Corp.
J.)
(Geo.
7%
127aC
Paper Corp., common (year-end)
prior preferred (s-a)___:
12-
20c
Extra
Eaton
12-15
12-15
12-15
7-
Helnie
1272c
Extra
—
Quarterly
Briggs
3
3-18
(quar.)
Mfg.
6727c
:
Trust
1-
12-17
1
(quar.)
RR.
3
3-
common
preferred
3.657?
3
—
preferred
Electric
9
1-
92 72c
(quar.)
7%
Co.,
12-
preferred
(H.
Holland
—_
Steamship Lines (quar.)
Washing Machine Co., Ltd. (quar.)
12-21
10%
_________
Property
Botany Mills, Inc.,
Brach
1
12-22
7%
$1.50
;
Co.,
dividend
Hein-Werner
Heinz
4-
pfd'. (quar.)__
(quar.)
Mahanoy
Easy
8
12-
12-20
25c
Eastern
1-12
12-
$1.3772
pfd.
(year-end)____
Personal
1
12-15
(quar.)
__
Company
2-
12-18
Inc., class A (s-a)
Bondholders Management,
Borden
East
25c
(accum.)
572%
Duncan
50c
pfd.
conv.
7%
12-17
12-15
25c
(quar.)—____
Corp. (year-end)
Blum's
12-17
12-27
12-27
1-18
3
3
45c
!
1-
12-28
$25c
Winkle-Munning
Consolidated
25c
Co., common
preferred
(quar.)
12-30
$2
l_
1
1-
$$2.50
Corp.
$3
(quar.)
-___
Department
$1.75
■_
Co
Y.)
;
Hearn
$2
Power
50c
—
*_____
(quar.)
1-
2-
75c
Drug
Stock
$1.75
(quar.)____
Extra*
$2
12-22
25c
Increased
272C
12-10*
1
$25c
Corp. Seagrams, Ltd.—
quarterly
(Henry)
& Sons, Inc.^__.
12-10
12-10
12-30
1-
Corp. of Canada—
Car
Products
12-29
$1
&
Co.
(N.
$5 preferred (quar.)
Harrisburg Steel Corp. (increased quar.)___.
$1.75
Brass
Co.
Hearst
—
12-15
127zc
:
Extra
12-10*
(quar.)
Motor
12-29
127aC
.
12-10*
12-27
$1.75
Chemical
Alkali
T
50c
•
Black
&
Co.
Almy
Diamond
3
50c
—
—__
_
(quar.)
&
3
1-
25c
___
12-27
$25c
pfd.
Extra
(quar.)
Corp.
25c
50c
:
Edison
1-
$50c
Harris-Seybold
4
(quar.)
Aluminum
Detroit
Canada—
,
4
12-
Special
50C
quar.)
12-
1
1
(quar.)___
12-10
1-
1-17
(quar.)
1
1-
12-11
$25c
1-17
—
Light, 47c
12-28
$75c
—
Corp.,
common
57c convertible preferred (quar.)_
Birmingham Fire Insurance Co. of Pa
Bismark
&
Co.
Dempster Mill Mfg.
12-28
12-21
Corp.
_
$50c
(s-a)
(yean-end)
preferred
Electric
25c
(quar.)
...
Co.
Power
3.70%
Delta
Extra
Hanson-Van
(resumed)
(s-a)
12-10
50c
(quar.)
common
Bingham-Herbrand
Bishop Oil
preferred
12-24
3
11-30
Co
Stores
2-
$1.377a
7%
& Securities
Delaware
9
Coke
&
1-
12-30
preferred (quar.)
12-16
12-13
$25c
$75c
Central Petroleum
12-21
12-15
12-31
Engineering
Quarterly
Co., Ltd., common!
preference
(s-a)
3
3
&
Quarterly
Bit
3
t
12-13
12-31
Quarterly
7
(quar.)
$2.25
Co.
(initial
Aviation
Year-end
$1
3
$1.12 72
.___
Co.,
Co. of
common
Bendix
$>%
3
(quar.)_
common
(year-end)
RR.
Telephone
Craig
12-
(s-a)
Ltd.
Creek
9
3
12-
12-31
$1.50
11-30
Reynolds Corp.—
dividend preferred "(quar.)
12-15
Trust
12-30
-
preferred
Guaranty
$50c
(quar.)
common
3
25c
-
$1.25
„
Ltd.
1-
$1
Aircraft
Year-end
(quar.)_
Ltd.
Corroon &
12-
1-
Grumman
$20c
Mfg.,
Corp.,
Baking,
1
Holder»
Payable of Rec.
$1.06 V*
,—.—
1-
$4
&
preferred
Beatty
$5.50
12-
1-15
$5c
Y.—
(quar.)
1-
12-22
Share
49
$25c
(quar.)
N.
of
Extra
12-
50c
Co.
Co.
—
12-13
.$$1.75
(quar.)
Goods
Paper
12-15
50c
(quar.)
(Ludwig)
25c
Edison
12-28
i
preferred
Dry
57c
.____<
Co.,
Extra
12-
12-15
—
4727c
12-15
50c
(quar.)
Manufacturing
127aC
10c
1-31
12-20
Company
12-10
127aC
—
(s-a)
(s-a)
12-31
12-10
Continental
Canada, Ltd.—
Corp.
12-31
1-15
12-20
12 72 c
Works
:
of
1-15
._—
Name of
Greening (B.) Wire Co., Ltd.—!.
Greyhound Corp., common (quar.).
2
12-20
3
$1
:
Extra
New
1-
12-
5%
Locomotive
12-
$5c
:
Extra
12-15
_____
Building & Equipment
Barber
Bell
1
12-10
2
47c
9
10c
$5 preferred
5
1-
Extra
Beech
2-
1-
15c
Co
12 20
1
12-
$10c
common
(quar.)
Consolidated Lithograph
Extra
12-15
(Hartford)
Inc.,
1
2
quar.)
Barber Ellis Co.
1-28
1-
dividend
Baldwin
Bates
c
2-
$1
Stock
7 7c
12-31
12-23
10c
Extra
Bank
1
1-15
(quar.)
common
Products,
Wilcox
&
2
2-
15c
(ye-ar-endi
Sons,
preferred
Avon
1
3-
93%
class B
1-
$1
America
12-20
r
Consolidated
1
;
—
Washer
(B.
Babcock
(quar.)"
_
Automobile Insurance Co.
Avery
12-
$1
(quar.)
(quar.)
of
Extra
Consolidated
(quar.)
Automatic
12-10
30c
.
A
$1.50
Co.
Alcohols, Ltd.,
preferred
1
When
Per
Payable of Rec.
1-
(quar.)
B
Insurance
(2365)
Holders
Connecticut Investment Management Corp.—
Semi-annual
:
Co.—
Co.
Fabric
12-
$2.50
preferred
preferred
Press
12-10
$1.50
__
Refining
Life
Share
common
Compo Shoe Machinery
Fe Ry.—
(quar.)
convertible
When
Consolidated
30c
(quar.)
preferred
8%
12-16
1-
Co..
Commercial
12-16
1-
59 %c
(quar.)
(quar.)
40c
5 %
preferred (s-a)
Atlantic City Electric
$6
of Company
Ice
Colonial
11-30
1-14
Special
Common
1
25c
Co.,
Colonial
11-20
12-15
(quar.)
Atchison Topeka & Santa
Auto
12-
25c
preferred
4%%
convertible preierred
Associated Spring Corp.__
Atlas
12-15
11-30
$1.12%
(quar. J
4%%
Name
1
30c
(quar.)
Power
Corp:,
Armstrong Rubber
4%
12-
CHRONICLE
Per
Payable of Rec.
12-15
FINANCIAL
Holders
5c
Arcady Farm
Armco
When
COMMERCIAL &
Telephone -Co,j
—
6
10-29
1-15
12-20
1-15
12-20
Ltd.—
120c
117V2C
(2366)
50
When
Per
Corp.
Marshall-Wells
Co.,
preferred
6%
pfd.
414%
Co.,
&
(quar.)
____
—
(quar,)___:
Maryland Dock Co., common
Extra
414 %
<quar.)___
(year-end)
common
-
(quar.)_
Co.
Conveyor
Mathews
Extra
preferred
Ltd.,
Co.,
(s-a)_
Corp. (stock dividend) —
additional
share
of
common
McCord
One
\1-ll
McCormick
&
514%
12-24
12-24
12-10
12-10
11-30
$1.50
Products,
12-14
(quar.).
$1.0614
25c
12-
$6
6
$6
12-10
12-10
12-10
$1.50
1- 3
12-17
12-15
75c
(quar.)
1- 3
12-
1
Perfex
25c
12-17
12-
1
Petroleum
12-22
12-22
1-1
12-23
12-15
1-14
12-14
Pep
_____—
—____________
Midwest Rubber Reclaiming Co.—
$4.50
preferred (quar.)...—
—
5614c
Miller Manufacturing Co.—
Common
(increased quar.).—«
10c
Class
A
(quar.)...'
15c
11-30
$4
Stock
will
cash
12-13
will
$1.25
15c
1
20c
1-
5
12-
4
Life
Co.
Assurance
$75c
1
Pond
12-
6
Porter
Cement,
Loan
12-
6
12-
(Winnipeg)
Power
1-
3
12-24
12-10
12-10
11-30
12-10
11-30
$$1.80
1- 3
12-17
$3
11-30
11-24
preferred
Publication
12-
5
12-15
12-
1
62(4c
34%c
1- 1
12- 1
11-26
%$50c
1-15
12-15
15c
59%c
1- 3
12-15
1- 3
12-15
preferred (quar.)
v >$1.25
Mills, Inc.—;
(initial)—$1
12-29
12-11
Rand's
12-20
12-13
Remington
$2
12-20
12-13
$3.50
12-20
12-13
$3.37(4
12-20
12-13
25c
1-3
12-15
Reynolds
25c
1-3
12-15
Class
4c
*1-15
12-31
Rhinelander
3714c
1-15
12-31
Rlce-Stix
Co.
Forging,
(year-end).
(quar,)
common
....
(quar.)—
preferred
$5
common
Year-end
—_____________________
preferred
prior
(s-a).
preferred
(s-a)
Manufacturing
____
System,
preferred
(F. E.)
Inc.,
'
common
75c
&
Bros.
Extra
Co.
(quar.)
convertible
20c
12-20
12-10
Towne
12-24
12-14*
Traders Finance
7
12-14*
1-
12-30
50c
Securities
Extra
12-13
Class
1-
3
12-15
1-20
12-31
6c
1-20
12-31
12-23
12-9
Udyllte
12-15
12-
5c
1-
12-15
12-15
1-15
12-20
Union
175c
12-20
Union
12-31
12-10
1-
12-
12-
4(4%
Bit
12-15
11-30
1-
3
50c
preferred
Reynolds
Metals
Stock
Co.,
United
12-23
75c
$1
12-27
dividend
9
12-
9
12-
9
Class
12-23
12-
9
7%
$1.75
1-3
$1.75
12-15
50c
——
1-24
12-17
1-
12-13
——
87 (4c
(quar.)
25c
12-17
Decatur
Aviation
;
93%c
National
Can
12-
■-!
S.
Co.
(quar.)
U.
S.
National
Glass
Co., Inc.,
convertible
12-21
12-10
Robinson
U.
12-
6
Motor
National
Pressure
(quar.)
(quar.)...
National
Screw
Bearing
Cooker
&
Supply
Mfg.
Co.,
Co.
1-.5
12-10
Rochester
Rochester
Co.
15c
(quar.)
________
(increased
com.
quar.)
Extra
preferred
12-15
12-10
25c
(quar.)_____
1-3
12-20
37(4c
12-31
12-22
Rome
3
12-22
Ross
40c
1- 2
12-13
12-27
12-13
75c
1-
12-15
12-
6
Utah
12-27
12-16
12-31
12-17
'
1-
3%%
<
Van
.
12-
9
12-
9
Victor
1
12-20
12-15
■rv, 20c
1-
1
12-20*
1-
1
12-20*
$3
(extra)
50c
1-
3
12-16
Russell
2-15
,2-4
(quar.)
National
Transit
Pump
53(4c
47(4c
Machine
&
Co
1-
1
2-15
2-
Vulcan
12-20*
5%
6
15c
12-21
12-
25c
12-23
1
12-20
Wagner
1
12-20
Walker
2-
1
$2
1-
$1.12(4
1-
3
12-31
1-
3
12-
12-15
12-
3
12-15
12-
3
50c
1-15
I- 3
$1.75
1-15
1-
(F.
v:
C.)
Company,
50c
common——
Industries,
preferred
Ltd/,
.
(quar.)___:
1-
3
$1.25
1-
3
'
3
1
12-28
12-
Fund____
Britain
New
Machine
Brunswick
New
England
4(4%
(quar.).
Gas
&
Electric
New
York
(quar,).:
Fire Insurance
Hampshire
Newport
Harlem
&
2.
RR.
(quar.)_
_:
___'.
Co.
(quar.).
(s-a)___:
Inc., common_________
preferred
(quar.) ______.__.__i.___
Wire Weaving Co., Ltd. (quar.)__,
Year-end
Noblitt-Sparks
Extra
Industries, Inc.__
;
Northern
Illinois
12-
1-
3
12-15
Northern
Illinois
Northern
Indiana
12-
12-
1
1
12-
Scovill
4'4 %
Public
preferred
Northern
Natural
&
$1.06(4
1-
1
12-17
$40c
1-
3
12-
3
$3.65
1-
3
12-
3
Scranton
Electric
12-27
12-
9
Scranton
Lace
9
40c
,
Extra
Nova
Service,
Co.
Ohio
12-27
12-
12-20
11-30
12-20
11-30
11-29
Ohio
(quar.)
Serrick
&
A
(quar.)
of
Ward
Confection
5%
prior preferred (quar.).
:
Forge & Machine Corp. (year-end)
Ohio Leather Co., 5% pfd.
(quar.)_
;
Public
Service, 3.90%
pfd. (quar.)____
Inc., common (quar.)___
6% preferred (quar.).
Oneida, Ltd., common
(quar.)___
Omar,
Extra
—
Loan
Ontario Steel
Common
Extra
7%
Oregon
Shell
12-
Sherman
30c
12-20
12-30
12-14
45c
12-29
12-10
i5c
$25c
12-29
1-
,
3
2
Debenture
Products
Co.___
preferred
8
12-15
12-
1
12-15
12-1 t
4
4
12-20
12-13
50c
12-15
12-
1
12-10
55c
12-27
12-17
87 (4 c
12-31
12-21 :
75C
12-15
(year-end)
,
:
1-15
75c
12-31
15c
12-22
12-10
$3
12-10
12-
Lumber
3
$125
1-
1
12-14
97(4c
1-
3
12-15
10c
12-31
12-10
$1.50
12-31
12-10
t31(4c
12-15
12-
1-15
12-15
1-
3
2
12-31
12-
2
12-15
'
2-15
1-14
t25c
I
(Howard)
$2
O.)
2-15
2-15
1-14
$15
12-20
12-10
1-14
Corp.
South
Penn
pfd.
A
Co.
7%
5s
*
6%
West
11-30
12-15
12-
25c
12-27
12-13
85c
12-27
12-13
common
Co.,
(quar.)
.
6
1
1
12-24
&
________
CI.3 7(4
12-
12-15
11-24
2
12-15
25c
class
Mills,
3
1
12-15
Co.,
3
B
1-31
12-31
Weston
1-20
12-31
Whitehall
50c
12-13
15c
(quar.)
150c
150c
(quar.)—
1-15
12-
3
12-31
12-17
12-
12-
6
(quar.)—_
25c
12-31
12-17
50c
12-31
12-17
(quar,)_
participating preferred (quar.)—___
130c
2-15
1-20
1$1.50
1-15
Bag
Canada
Power,
&
Paper
Extra
4(4 %
Union
preferred
preferred
Southwestern
$2.20
Gas
Co.,
common
common
(quar.)
(quar.)_
Associated Telephone
(qu&r.)_
17 (4 c
12-15
12-
1
$1.06(4
12-15
12-
1
$1.25
—
(quar.)
preferred
12-15
1
11-19
12-
1
11-19
25c
12-27
12-17
2-15
(quar.)
(George)
12-15
1-15
12-20
1-15
12-20
12-24
12-13
12-22
12-
$50c
(quar.)___
Ltd.
,
1
Lovett Grocery, common
preferred A (quar.)
12-15
12-
1
Co.—
Wisconsin
4(4 %
Wiser
2-
1
1-15
12-20 v
12-15
3
12-15
12-
3
1-
3
12-15
Co._:
12-
3
12-10
12-15
11-27
1-15
12-10
1-
3
12-3X3
12-
1
12-24
4 v
15c
12-15
12-
$1.12(4
(quar.)
&
Woodley
Stock
Extra
(quar.)
Dessauer
___________
Co
12-15
II-30
1-
2
1-
2
12-11
12-11 '
new
com.
Co.
:
(quar.)_
(initial)
12-15
12-10
18%c-
12-23
12-11
50%
Petroleum,
20c
dividend
Iron
—
25c
25c
Wolf
«
^
12-15
3
1-
30c
56'/4C
12-15
Michigan Power—
Co.
Woodward
55c
Investment
preferred
Oil
12-15
3
1-15
25c
(quar.)
,__f
Wisconsin
1
1-
12-
$3
Corp
>
>
1-
1-15
$25c
(year-end)
*
8
12-15
12-15
25c
(quar.)
Mfg.
Oil
1
$1
River
&
1-
$1
i
»
1-19
12-24
$35c
Co.___r_^
Cement
1-19
2-15
55c
25c
______
'
12-10
12-30
40c
12-20
Advance
3
$1.25,
Winn
6
12-17
Southern
1-
$1.50
(quar.)
Wichita
4(4%
30c
—:
:
12-10
4
12-
$1,121/2
(quar.)__
Inc.
12-15
■
12-13
12-
$1.05
_
;
Westmoreland,
12-29
12-15
$1.12(4
(year-end)
(quar.)
Ltd., class A
Coal
12-10
$1.50
common
(quar.)
Department Stores
preferred
I-3
12-10
12-20
$1.75
preferred
Westmoreland
1-17
12-20
$1.75
common_______-«__
'
7
25c ;
25c
1
12-
$1.25
Ltd.—
——
12-14
25c
(quar.)
Extra
1-
12-15
1-3
35c
$6 pfd. (quar.)
Virginia Water Service Co., common
4(4%
preferred (quar.)
5%
2-
12-28
12-27
25c
(quar.)_____
West
Western Grocers,
40c
1
40c
B___
common
preferred
Western
$1.25
(increased)
6c
1-
10c
'West Texas Utilities,
$1.40
'
$1.25
(quar.)
____________
(year-end)
preferred
12-10
12-15
2 (4 c
(quar.)
12-
3
12-13
12-15
35c
Co
Power
12-10
1-
(quar.)
(quar.)
Electric Co.,
12-24
1-
1
$1.50
(quar.)
(quar.)
preferred
$5
1-
>
I t
25c
-
-.
Snowdrift____
12-14
1
Co.
Corp.
&
preferred
4.20%
12-
11-30
11-30
Corp.,
Penn
12-
3
12-27
A
(quar.)
preferred
(quar.)
4(4%
1-
80c
Fund
Penn
1
12-
11-30
11-30
11-30
class
7
$1.20
Southern
5%
$7
12-
12-15
12-8
12-27
12-27
preferred
12-
12-31
12-16
20c
Oil
12-16
12-31
3
3
1-
12-27
Disinfecting,
12-10
$1.25
(quar.)—
(quar.)„
Paper
Oil
West
,
1-
12-20
1
12-15
25c
20c
Co
Aircraft
Special
6%
12-15
10c
(quar.)____
Snap-On-Tool
Solar
12-23
5c
■:.
12-
12-31 '
62 (4c
50c
(quar.)
preferred
Southern
t$1.75
_
(A.
Common
<
1-10
12-31
125c
(quar.)—
5%
preferred
$5
6
4c
(quar.)
Co.
Rayon,
Smith
12-10
$1.25
Inc
;
prior
Wesson
6
:
75c
.
A
.
Welsbach
West
12-23
$2
Castings
Smith
12-10
1212-
1-10
1-
$4.12'4
(quar.)
class
:
1 '
}
$56c
25c
'
(year-end)
Ltd.
Pattern
Steel
Skenandoa
5%
12-15
75c
(year-end)
Extra
11-30
130c
1
12-22
12-22
j25c
_________
12-
25c
$1.12(4
Co., Ltd.—
(quar.)
American
12-
12-14
40c
(Los Angeles)
Products,
3
12-15
12-20
12-
V<:.;
Corp.
Products
Wellington
65c
(quar.)__
(extra)
Year-end
Sivyer
8
12-24
$$1.25
(quar.)
__
12-
$75c
(quar.)
&
12-24
B
Corp.
Breweries,
Simplicity
8
Screw
Wells-Gardner
17 (4c
.1-3
12-15
:
12-10
45c.
Special
12-10
12-
Union Oil
Sick's
12-14
12-20
$37(4c
_____
preferred
Ontario
Seven-Up Bottling
5oc
Co., common___________
preferred (quar.)____
Ohio
6%
11-29
com.
(quar.)
9
12-31 "
12-31
12-
________________________
Co.,
12-10
$1.02 ft
Service,
common
preferred
class
12-10
ioc
common
—_—.—
Finance
{s4(4%
convertible
Corp.,
Water
(quar.)_
Co..
12-10
$i
A___:
Co.,
(quar.)
Finance
12-20
$1
class
Brook
preferred
12-
1-12
1-12
50c
12-15
12-14
12-16
(quar.)
12-15
$1.20
-
12-9
$1.50
(quar.)_J__
Co.
,
2-14
12-16
12-16
12-15
Mills
Baking
Wayne
12-10
12-16T
12-16 :
12-15
__________
Weatherhead
1
1
25c
Insurance
Webster-Chicago
2
1-
(quar.)
11-30
1-
12-17
12-28
60c
-
11-30
1-
12-31
12-28
25c
v;.:
4___
12-15
3-
6
12-17
93%c
Delaware
Products,
3
83 %c
12-
12-10 I
25c
(quar.)______
Iron
12-15
50c
(quar.)_
3
2%
common
Company
12-15
91(40
common
3.35%' pfd.
(year-end)
1
Co.
Scranton-Spring
Seaboard
Co.,
fquav.)_:
1-
12-31
25c
Fire
45c
Co.,
15c
25c
B
Preferred
Ohio
Ltd.
Co
Co.,
preferred
$2.60
12-10
22 (4c
_____
___________________
Candy
Brass
Class
common..
(increased)
Scotia Light & Power Co.,
Nutrine
Manufacturing
12-17
v
25c
'
Wire
120c
(quar.)
25c
___._l___.__
(quar.)
Gas
Co.
12-14
12-14
$1.75
Lines Inc.
20c
Lock
12-10 "
12-23
12-23
40c
(quar.)
(year-end)
II-20
1-
12-22
7
25c
preferred
Washington Water Power, $G pfd.
Wayne Knitting Mills
(quar.)
11-20
12-
$1.25
Extra
12-17
25c
Corp._____
(quar.)
12-10
$1
Co
}20c
Schlage
3
25c
$4.12(4
_____
Inc.
Extra
6
4.107o
Coal__
Extra
Ohio
12-16
3
$4.50
Investment Corp.—
preferred
(accum.)
5(4%
preferred
(accum.)—
Co.,
Light & Power, 5% pfd. A (quar.)
Bridge, Ltd
____:
Sarnia
3
1-
American
6%
Paper
12-22
25c
;
(annual)
7
12-28
15c
25c
&
„
St. Joseph
1-
50c
40c
_________——
_
Pulp
$40c
...
__—
Helene's
Extra
$1.12(4
$2.50
Industries,
4(4%
Niagara
St.
Association—
preferred
New
North
Co.
Telephone Co., Ltd.
12-
12-10
75c
_*
common
.
New
11-15
12-22
*
Year-end
7
12-10 :
12-16
25c
5(4%
preferred (quar.)____
(Washburn Wire Co. (quar.)
12-20
1$1.75
•;
•
12-20
117(4c
common
1-
12-
75c
class A
Electric
Wamsutta
3
3
20c
(quar.)
common
Corp.,
Special
5% preferred
6% preferred
7
25c
common
50c
;
Co
Vitamin
Special
Class B
\
12-27
1-
12-10'
12-10
$1.25
(quar.)
$4.50 preferred (accum.)
prior preferred (quar.)_
V'
12-15
15c
1-15
12-17
12-17
'
1
(quar.)
12-10 :.
'
(s-a)
preferred (quar.)___
7%
12-17
1-15
RR.
1
3
50c
preferred
Co.,
partic.
Mold
1-
75c
preferred
Russell
4
$13c
Valley
Telephone Corp.—
1-
25c
Corp.,
1-
10c
Genesee
12-14 ;
12-14
53(4c
dividend
conv.
150c
Drug
&
3
3
(quar.)
Works, common
preferred (quar.)
Pump Co
162 %c
common—
preferred
7%
(quar.)_
Co.,-Ltd.,
(quar.)_
Typewriter! Co.,
12-13
preferred
&
Year-end
Royal
2
preferred
29 Uc
________________
L.)
1-
(quar.)
Chemical
Viking
A (quar.)_—__________
Corp.—
Industries
(quar.)—___—
1-
3.8%
preferred
Co.__
preferred
Vulcan
20c
Co.—r
1
1-
Carbon
preferred
3(4%
1-
12-14 :
1-
(quar.$1.50
Co.,
Steel
4(4%
3
3
;
;
t25c
Corp
Norman
1-
1-10
$1
Home
1-
Cable
$1.12(4
4(4%
(P.
&
Mfg.
Truck
$1
3
J,
125c
$$1.12(4
(quar.)
Veeder-Root, Inc. (quar.)
Verney Corp, of Canada, Ltd.
: \
t
Formerly Verney Mills of Canada—
12-16
1
12-27
12-27
S.
50c
(extra)____u,—
Controls
preferred
4(4 %
(quar.)___.
common
1-
50c.
United
1
'
25c
National
Corp., $1.75 prior pfd..87(4c
Corp, Ltd.j class A (initial)
*25c
Plywood Corp.,
12-10
12-
20c
(quar.
preferred
$2.50
12(4c
common...
preferred
12-15
B
Stock
12-15
20c
_
(quar.)
Robertson
_______
1-
Extra
3
12-23
$1.37(4
______
(year-end)
com,
-
12-10
12-22
JlOc
(quar.)
Freight
60c
(year-end)
preferred
Fulton
Common
12-21
1-1',
(irreg.)......^—40c
(resumed)
25c
6
12-30
(year-end)
preferred (quar.)
10%
J.) Tobacco,
(year-end)
Dry Goods Co.
4%%
(s-a).:—......
Corp.
Co.
12-15
,RR.—
guaranteed
National
3
6 *
12-
1-31
-
$1
Foil
12-15
$2.25
(R.
Paper
U.
12-17
3
S.
30c
12-10
1-
12-
3c
System, 5%
Non-cum.
U.
2 (4 c
—
convertible
B
Robertshaw
12-15
....
.....
12-10 '
Paper
Gas
12-
12-13
12-13
National
12-23
3
$4
Accumulative
United.
12-15
1-
12-13
Sulphur
12-23
common—.
common
12-13 :
93%c
Co.____
4%
preferred
50c
(quar.)
Inc.,
(s-a)
12-27
Year-end
50c
(quar.)__
(quar.j_—__—
Co.,
20c
(extra)
common
$1
Investment
United
Co..
Arms
12-10
12-10
12-20
Co.,
Metal
$6
3
12-13 *
12-31
12-14 -
Carbide
Union
3
12-24
45c
(quar.)
12-24
20c
12-13
$1.06(4
Extra
12-10
6
30c
1
$1.25
Union
1-15
1-
12-31
50c
preferred
Bag &
12-23
1-15
25c
Extra
$1.50
12-11 1
1
12-14
Corp.
Union
9
3
1-
1-3',
Trailmobile
62 (4 c
i:
12-11
$1.12(4
(quar.).
Extra
4(4 %
1
12-
1-1
(initial).
B
15c
35c
(Pittsburgh)
Roller
Oil,
12-
12-15
;
31 (4c
l__:
11-27 :
12-15
5c
50c
____________
11-30
12-15 *
12-10
____$25c
60c
_______
preferred
(quar.)
12-10
1
1-
7 (4c
___l
,
60c
(quar.)
1st
(quar.)
Mining
Co
Tooke Brothers,
Ltd
12-14
12-10
30c
Year-end
1
1-3
13c
1st preferred (quar.)
Corp. of America (increased)
$3.50
(quar.)
Corp
—
(quar.)_
7%
Radio
R'eed
_________
'
Corp.
Tea,
12-
1
75c
—i
preferred
$1.75
(quar.)_^
Axle
—
(quar.)___
original
12-11
(quar.)_____
(quar.)
Associated
Union Gas
voting
1
(Del.)
Gas
preferred
•
(quar.)
Co.
common
Shipyards
t$1.50
7%
5(4%
quar.)
1-
5%
Ltd.—
common
2-
(quar.)'_____l—25c
Detroit
50c
Co.—-
(initial
common
Extra
Inc.,
Water
Todd
share
12-17
Corp.
}5c
_________.
preferred
$3.75
$1
non-voting
(interim)—
Tide
(quar.)
Extra
Common
12-10 ;
12-15
pfd.__
(quar.)
;v
Public Service Co. of New Hampshire
Co. of Oklahoma—
4%
12-10
3
1
:____—
(quar.)—
partic. preferred
3
1-
$1
Canada,
3
common
preferred
$1.25
Public Service
12-15
I accum.)_>
Service
Inc.,
Textron,
.
;
1-
$1
Lambert,
50c
pfd.
4%
1
1-
Ltd.
preferred
_______
Textiles,
12-
1-
$1
7%
Power,
Extra
1
12-15
t25c
12-15
.
Vernon-Woodberry
National
12-
12-15
1
12-15
90c
t50c
1
12-16
—
_____
&
50c
Finance,
414%
12-15
12-10 ;
1
____
1-
5%
Inc
Proprietary
Mines,
Ltd
!
Providence
Washington Insurance
12-20
1-11
of
non-cum.
—
convertible
National
Southeastern
12-10
12-15
1
1-
12(4c
(accum.)
Thrifty Drug Stores, 4(4% pfd. A
4(4%
preferred
B
(quar.)——
1st preferred
Pratt
3
$50c
Corp.
iquar.)___
Tonopah
(quar.)
Co., Inc. (Penna.)
Woolen Mills, 6%
pfd.
Portland
12-13
12-24
(quar.)
Telegraph
Drop
6%
Texas
3
Pocahontas
Equipment, 5% pfd. (quar.).
Society, 5(4% pfd. (quar.)—
Auto
&
Public
1-
1-3
1-
62(4c
common
'
Midwest—
7(4%
Texas
Timken
(special)——
(year-end)
(H. K.)
6%
$50c
,—
Minig Co,
Creek
12-
12-15
(initial).
(s-a)———-—______
Portland
Nashville
12-10
______
6%
$$1
...—
Mills
Nachman
12-20
—
12-15
1- 3
12-15
...
Portland
Myers
TeRuride
12-24
8 ;
'
Products
Tecumsoh
12-10
12-
12-31
1-
,
50c
pfd.
$3.60
(quar.)
Gold Mines,
12-15
15c
11-20
preferred
7
|45c
Ltd.,
12-15
shares
Chemical
&
Stores,
12-
1-15
10%
___________—
(Calif.),
3
—
Corp.
held.__
(quar.)
Corp.—
(quar.)
3
_________—.
Coke
12-21
tl2(4c
*
12-16
—
preferred
1-
12-17
125c
Ltd
Pittsburgh
share
div.)
3
12-15
11.1%
(quar.)—
com.
(stock
for each share
1-
$1
L—.
pfd.
conv.
$1.12 (4
paid.)
Phillips-Jones
12-17
12-15
—
common
:
12-17
iyear-end)_
preference
thereof
a
12-29
1-
37 (4c
12-10
75c
$1
25c
Increased
12-18
1- 3
1- 3
$1.1*5
$4
1-28
.
87(4c
$1.25
45c
Polaris
preferred
6%
Teck-Hughes
20c
11-20
Monolith
Mutual
12-15
5%
_—________—
(G.)
12-31
20c
80c
12-20
12-13
dividend)..
Company (quar.)__—_____
3(4 % preferred (quar.)
Coke (extra)
Co.
53c
/
of
amount
(stock
11-30
Drug
Oil
Tamblyn
Philadelphia Reading Coal & Iron—
,
20c
B
—
Monolith
New
be
Summers
12-10
10c
12-10
12-15
12-20
Brewery,
$6.75
the
12-20
1
15c
■
12-15
preferred
12-10
(quar.)
lieu
1
1-
Extra
1—
in
1-
12-21
75c
$1.25
12-27
Propane Gas
12-28
(quar.)_
fractional
but
of a
12-20
(quar.)
(No
12-20
12-15
convertible
5%
„
Products—
issued,
in
l/10th
Suburban
75c
12-
—
A
Mullins
be
S.)
$5.50
com.
1
dividend
Sunset
,
pfd.
1-
25c
Press,
4%
1-17
class
Semi-annual
7%
2-15
$1
'
12-20
_______
(quar.)_______
Co.
Ltd., 5%
Stromberg-Carlson Co.,-
7
+$1.50
America...—
dividend
4
Stock
Stovel
1-17
——$1.50
(quar.)
Containers, Ltd.,
New
12-
2-15
11-20
...
______
Mount
12-23
Pittston Company<quar.)_
Plough, Inc. (quar.)_—_____———,
Plymouth Cordage Co., common-—_—
Employees stock
Appliance Corp. (quar.)...
;
Mississippi Power, $4.60 preferred (quar.)—
Mississippi Valley Barge Line fs-a)
Mitchell (J. S.)
Co,, Ltd. (quar.)...
Extra
———i
Motor
30c
175c
11-20
(quar.)—
Mission
4%%
12-15
—
12-1
12-1
12- 1
pfd.
Valley Canning,
preferred (quar.)—
Moore
12-15
11-30
$1.25
$1.2714
$1.3714
preferred
Montreal
12-20
1-
12-31
20c
Minnesota
Monroe
3
12-31
1-15
5614c
75c
(quar.)
common
(Del.), 5%
preferred (quar.).:
preferred
(quar,)
Monroe
Drug,
Stontga Coal &
12-15
_—
Co.,
Minneapolis Gas
8%
<L.
Sterling
$1
12-29
1-15
1- 3
1- 3
12-20
convertible
Minneapolis
Starrett
12-17
12-31
1
(year-end)
12-17
12-18
1-
$1.20
Spring
12-17
12-18
12-31
—v
Steel
12-30
25c
Calif,
12-15
12-31
25c
Corp.—
of
Works
12-30
$1.03 %
preferred (quar.).—__
Brewing Co
___________—
Miller-Wohl
Stanley
$1.50
1st
12-13
1- 2
Standard
12-15
$1.50
common
preferred (quar.)_______
non-cum. 2nd preferred
(quar.)„_
.
414%
12-11
12-30
—___________
Dairy
Oil Co.
0) Rec.
com.___
Corp.,
preferred
Dredging
$4
(quar.)___„
of
participating
Holders
30c
Patricipating
$1
(quar.)—
Co.
Exploration
Philadelphia
12-13
1-
1-
—
__
Corp.
Petroleum
12-14
12-22
$1
Corp.
$3
Standard
1
12-23
$1
Stove
Perfection
Steamship
1-
e
5
25c
—_______
—
$2.50
(quar.).i
(accum. )__
&
Extra
1
(irreg.)_____
Express
Fruit
Payab
J3c
(quar.)
L
—______
Standard
7
Ltd.
(quar.)
Extra
6
12-
12-14
.
1-
12-
______—
(quar.)
Perfect Circle Corp.
(quar.).....—...
...—
11-19
6
37 (4c
______
preferred (quar.) _i_
Boys (The) (irreg.)___.—
$5
1212-
_________
preferred
preferred
Pennsylvania Telephone, $2.10
Pennsylvania Water & Power,
12-31
11-30
1
50c
common
preferred
1-
1
—_—
12-14
8
12-15
Pennsylvania Backshares & Securities
Corp.
(year-end)
______
Pennsylvania Industries, Inc.—
12-20
12-
Company
D
Mines,
When
Share
Company
Sturgeon Gold
Standard
Companies, common (quar.)_____
preferred (quar.)i__.______—______
Brewing, 5(4%
pfd. (accum.)___.—
preferred
2
12-14
Paraffine
Ltd.,
1-
15c
—
$1-25
$1.1214
(quar.)..
Extra
Monarch
6%
8
$1.25
_____
common.
Intermountain
12-17
common
preferred
preferred
Monarch
1
Co.,
12-
Inc.—
Telephone & Telegraph Co.,
preferred (quar.)
12-31
12-16
12-30
1- 3
1- 3
1- 3
(year-end)
$6
50c
....—$2
Midvale
Company
(reduced) ——______
25c
Mid-West Refineries, $1.50 conv. pfd. (quar.)
3714c
Midwest Piping & Supply——
——
15c
Steel
non-cum.
Class
7
Penman's,
.....
Modern
2nd
Coast
25c
Extra
Molsons
1st
non-cum,
12-17
preferred (quar.)—.—.....—,.—Surety Co.
(s-a)_
6%
non-cum,
4%
Michigan
.5%
$5
Peller
1st
514%
Paciiic
12-17
Year-end
$5.10
11-30
6
2
$$1.25
Co..—....
Investors,
12-11
12-
(quar.)—
Square
12-
1-
$15c
—
(year-end)
preference ("quar.
12-27
12-27
preferred (s-a)
Michaels, Stern & Co., Inc., pfd.
Michigan Associated Telephone—
Inc
Plantation
Pacific-American
Pacific
88c
75c
13%c
35c
12-20
$25c
—
Common
12-10
12-10
1- 1
50c
(quar.)______
Co.,
Sugar
.12-15
pfd.
conv.
Brush
Fibre
50c
——
Candy,
414%
5%
$1.50
McQuay-Norris Mfg. Co., common
414%
preferred (quar.)_..
Mengel Company, common (quar.)
$2
Paauhau
——
(extra)
Company
convertible preferred (quar.)
Publishing
(year-end)—
Midland
Ox
9
12-13
McGraw-Hill
McPhail
9
—-
Extra
$3.50
9
12-
_—^—
Common
8%
12-
for
Stores Corp,—
(increased quar.)——
McCrory
Ry.
Light, Heat & Power Co., Ltd., com.
preferred (quar.)—...
_^__L—-
12-
$3
Springer
Ottawa
Pacific
be changed to
value to
1
$25c
Electric
12-
23c
47c
37 4c
50c
$5Oc
12-
12-15
held.
each share
6%
12-27
Ottawa
$4
—'
-
__
(L~~m7
McBrine
5%
1-1
12-22
12-10
$1.50
Co.
(s-a) _—
Otis Elevator Co., 6%
preferred (quar.)_—
12-15
Per
Name of
Payable of Rec.
25c
Building
Orpheum
12-10
preferred
(quar.)
Massachusetts Investors Second Fund——
Massachusetts Investors Trust—
—
Par
12-20
1-3
12-31
12-22
$1.50
31
.—
Field
$1.50
$1
$1.0614 $2
$1
Common
Marshall
(year-end)_
common
Share
Name of Company
12-10
Monday, December 6, 1948
Holders
When
Per
0) Rec.
'
CHRONICLE
FINANCIAL
Holders
Payable
Share
Name of Company
Martin-Rockwell
THE COMMERCIAL &
-
-
12-28
12-11
50c
12-29
12-13,
$1
12-29
12-13
;
Volume
168
(F.
W.),
deposit
American
Yolande
York
Corp.
Corp.,
4y2%
York
Ltd.—
receipts-!
'
11- 5
1- 3
12-15
37Vic
1*- 3
12-17
56V.»c
(increased
common
s-a)_
1-
3
12-17
12-31
12-15
12-
(quar.)
Knitting Mills, Ltd., class A <
*2dc
s-a):
American
Extra
Amer.
1st
Below
preferred
dends
this
being
week, these
given in the
Extra
Per
.
Name o;
Abitibi
Company
Power &
•51.50
prior
Acadia
5%
preferred
Grove
Acme
Steel
Worxs,
Ltd.
(quar.)
Corp.
preferred
Standard
N.
12-15
'
common..
25c
Alan
Power
Wood
Alaska
Co., 4.20%
Alaska
Co.
Steel
Pacific
Packers
Co..
AUen
preferred
$2.50
,
Co.,
Laboratories,
Mills,
Extra
AlUed
3y4%
.
Alpha
4%
Aluminum
4uc
(irreg.)
$1.25
3-1
40c
12-20
12-
12-20
12-
Inc.
(quar.)
6%
preferred
Holding Corp. (s-a)__t
Agricultural Chemical
Bank
Note
Co.,
Steel
$4
preferred
Arnold
Artloom
Carpet
Asbestos
Corp.,
6%
preferred (quar.)
American Barge Line Co.
12-
Ashdown
11-18
12-
12-31*
4
British
12-
6
5%
12-21
12-10
12-22
12-
12-
Oil
12-
1
12-
1
&
12-18
12-23
12-15
11-12
12-15
12-
1-
$1.25
2
(stock
—
(increased
—
American
Bemberg,
Class
1 common
4V2 %
preferred
Can
&
com.
co.
&
Cigar,
Coast
Atlantic
Gulf
12-15
,
12-
12-15
,12-
1*
5%
12-15
6-15
Burrard Dry
9-15
Bush
2
12-10
Butler
12-21
12-
3
12-
1
5%
12-15
12-
1
12-16
12-
4
3%
12-20
11-15
$30c
12-21
1212-
3
1-1-49'
5.2-10
i-1-49
Telegraph
12-10
11-24
12-10
'11-24
12-15
(N.
J.)
Lines,
Factors,
11-29
12-15
11-29
$3
12-
6
12-
6
12-10
11-22
Hoe
preferred
Fruit
I
12-15
12-
1
Automatic
12-15
12-
1
American
Gas
Common
share
of
Common
Common
City Electric Co.
held
dividend
Electric
extra
stock
City
&
Felt,
Baldwin
Co.
12-22
25c
,
11-10
12-15
12-15
.
25c
11-10
,
Home
Fire Assurance
Products
American
Hoist
&
3-15
2-
6%
for
$1.25
50c
$1.50
1-
2-
12-
3
12-15
1-
0
3
preferred
prior
pfd.
La
France
11-24*
1-
8
Laundry
Light
A
Class
12-
1
12-10
12-
1
$3
12-15
11-12
(s-a)
share
of
($1G
for
Co.
Co.
each
10
(quar.)__
(stock
Gas
& Foundry,
iquar.)
Machine
75c
12-15
12-
1
12-15
12-
6
Meter
National Finance
preferred
shares
American
Potash
12-
8
quar.)__
12-10
12-15
$1
12-15
'
11-18
1212-
1
12-15
12-
6
12-15
11-30*
12-15
12-
American President Lines
5%
pfd.
(quar.)__
12-10
11-26
12-15
11-20
California
Ink
12-
11-20
California
Pacific
12-15
12-
12-15
12-
1
1
$1.25
1- 3
12-
6
1-
12-
6
$1.25
3
12-20
12-10
$3
12-22
12-
1
12-22
12-
1
California
50c
12-10
12-
1
Camden
12-15
11-24
12-24
5%
Mills
Cotton
preferred
50c
Campbell,
12-10
12-
1
Canada
Crushed
3
12-10
12-10
Canada
12-21
12-10
$1.50 1-15-49
12-31
5V2%
of
Ltd., $1.30 pfd. (quar.)
Stone, Ltd. (quar.)
A
B
1-
&
preferred
Steel
Bethlehem
Corp.,
Manufacturing
Co.
pfd.
Canada
Permanent Mortgage.
Canada
$1
1-
3
12-10
5%
20c
1-4-49
Northern
——
Steel
Foundry
&
50c
12-20
12-
4
Wire
Class B
&
Extra
4.25%
Canadian
11-30
Canadian
Breweries,
11-30
Canadian
Canners,
10c
12-15
12-
20c
12-15
11-30
12-15
11-30
$1
12-15
11-30
60c
non-cum.
Ltd.
5%
3
12-15
Canadian
1-
3
12-15
preferred
12-15
11-30
12-15
12-
12-13
11-30
(quar.)
(quar.)
$1.75
10c
(quar.)
—
preferred
Participating
1-
2-1
1
1-10
1-
3
12-10
4-
1
3-10
Celanese,
Ltd.,
(year-end)__
com.
preferred (quar.)
$1 preferred (quar.)—
Canadian
Food
Products,
(quar.)
Class
A
4Vn%
preferred
Canadian
Foreign
—_
_
Ltd.,
common—.
—
1
12-15
$1
12-15
11-30
$32V2c
tlOc
12-20
11-19
12-20
12-
1
1-
3
12-
1
15c
1-
2
12-
8*
1-
2
12-
8*
1-
3
12-17
12-15
11-26
$1.06V4 "
tl5e
12-17
11-26
12-15
11-15
12-15
11-13
2
6-10
Canadian
Ice
1-
3
12-10
Canadian
Industrial
35C
4-
1
3-10
Class
35c
7-
2
6-10
12-27
11-29
12-27
11-29
1-3-49
11-30
1- 3
11-30
1-3-
49
11-30
1-
3
12-14
1-
3
12-14
1-31
$5
12-15
1-14
12-
1*
$1.75
1-1-49
1-
3
12-20
12-
3
1-
1
12-21
$1
1-
1
12-21
12-15
11-30
$1.50
12-1|5
12-
12-20
3
12-15
1-
3
11-30
12-23
12-
3
12-23
12-
3
$1.06y4
12-12
11-30
12-
3
12-15
11-30
12-15
11-30
1-3-49
12-15
1-
1
11-30
1-
3
12-
115c
1-
3
12-
1-
3
12-
8
1-
3
12-
8
1-
3
12-
8
12-31
12-
8
12-31
12-
8
12-
8
t$1.75
143%c
125c
1183/4c
125c
12-31
8
8
1-
1
11-30
1-
1
11-30
l$1.12,/a
Machine, Ltd.,
Alcohol,
class A
1
11-30
1-
3
(quar.)
12-
120c
1-1-49
2
12-15
11-
6
12-
6
11-
5
12-21
12-
7
5
150c
Ingersoll-Rand Co., Ltd
Canadian Mvlartic Gold Mines, Ltd._—
Canadian Motor Lamp Co., Ltd. (quar.)
Canadian Oil Cos., Ltd., 8%
pfd. (quar.)_
5%
preferred
(quar.)
—
4%
preferred (quar.)
Canadian Silk Products, $1.50 cl. A (quar.)—
t$1.50
12c
115c
1$2
t$1.25
1$1
137y2c
12-10
11-18
12-15
11-25
137,/2c
1-
150c
B
Canadian
Wirebound
$1.50 class
A
(quar.)_:
Carriers
&
(J.
Stock
(quar.)
Co
General
I.)
Corp.
Company,
(year-end)
(year-end)_
common
12-10
1r
2
1- 3
12-10
12-
(quar.)
3
1
12-10
12-23
12-
6
12-23
12-
6
$2
50c
12-18
12-10
12-10
12-
50c
12-23
12-15
80c
10%
dividend
preferred
12-10
2
75c
—
Telephone & Telegraph
Steel
2
1-
25c
(quar.)
Extra
Carpenter
1-
Boxes, Ltd.—
Carey Baxter & Kennedy
7%
class
12-
A_
Case
Ltd.,
1-
$1.75
x
1-
2
12-10
1-
2
1-
3
1
12-12
II-25
12-11
Cold
12-
3
12-20
12-
6
12-17
12-
3
$1.10
Ltd., 7% prelerrea (quar.j
Corp. of America (year-end)
Central
!$1.75
15c
50c
Cassldy's,
12-17
12-
3
1
12-12
$1.06y4
1-25
1-
Ltd.—
Canadian
40c
115c
!$2
175c
(quar.)—
Investment Corp.,
Quarterly
7-
50c
(quar.)
1-
120c
150c
131V4C
(quar.)
common
convertible
1st
$1
30c
'
preferred
34%c
110c
(initial)
Ltd.
Ltd.,
Participating
25c
Storage
(interim)
Extra
& Bryson—
quar.)
12-10
t$l
Catalin
(increased
1
3
175c
class A—
—*
Bakeries,
12-15
25c
Sivall
Common
12-
1-
125c
15c
Cable, Ltd.
(interim)
12-15
1
—
Ltd.
Lines, Ltd.—
preferred
<quar.)__
125C
Machine—
Birmingham Water Works, 6% pfd. (quar.)_
Black Sivalls & Bryson, 4.25% pfd.
(quar.)
1
12-15
50c
t$1.25
Ltd
Power,
non-cum.
Canada
12-22*
50c
(quar.).
Extra
Birdsboro
12-10
12-
Steamship
Carolina
(quar.).__
12-20
12-15
150c
(quar.)
Canada
50C
7%
I-14
73c
i$ 1.50
Co.
7
& Cement—
(quar.)
1
137V2c
3
$3
—
,75c
2-
Forgings, Ltd.—
12-10
125c
(s-a)
12-15
12-15
150c
Malting
12-
1
1
tlOc
(quar.)
(annual)
3
1-20
115c
(quar.)
Corp., $6 preferred
iquar.)
Extra
Canada,
preferred
pfd.
conv.
1-
$1.25
1$1.75
Co.
—
Co.,
Foundries
Canada
11-19
11-
25c
(quar.)
—
Class
3
7
60c
Ale, common
preferred
(quar.)_
Flooring, Ltd., class B (Initial)—
Canada
12-15
12-
12-10*
11-26
62c
.
(quar.)
com.
Dry Ginger
$4.25
2
12-17
15c
(quar.)
Extra
12-21
1-
$1
27c
pfd.
—
2%
$1
75c
Wyant & Cannon Foundry Co.—
Cement
12-14
12-23
Year-end'
Canada
11-27*
12-
,
—_—
Service
Co.,
Forge
of
(quar.)
Utilities
Water
1
t$l
common
12-
12-
in
(quar.).
preferred
12-
2
12-
12-23
12-^23
-
of
(auar.
Co.
12-10
1-
12-23
12-23
$2.50
$3.50
quar.)_
(quar.)
25c
12-
12-
'
California Electric Power, $2.50
5'/a %
preferred
(quar.)
12-17
12-23
stock.
B
California
1-2-49
6
12-
receive
6/100
a
(increased
12-16
1$1.50
(quar.)_
but
will
11-30
40c
Year-end
1
$1.50
(accum.)__
—
—!
preferred (quar.)
Belgium Glove & Hosiery
Black,
$5 pfd.
__
——
com.
class
Corp.
25c
7%
Bibb
said
of
Financial
35C
—____—
Ltd.,
issued,
for
31c
12-31
25c
_—
1
$1.75
$1
(quar.)
Extra
4%
share
a
T.
of
rate
12-20
12-22
6
12-
12-23
10c
$1.50
Calaveras Land & Timber—
25c
Bessemer Limestone
37V2c
& Light
11-22
50c
(s-a)
common
Benjamin Franklin Hotel
Chemical Corp.—
___!
Inc
Beneficial
12-30
i2-lb
—
11-30
1-15
—
______
—.—
11-26
12-10
10c
(
(quar.)
(accum.)
^
12-31
20c
37l/2c
pfd.
(year-end)
12-15
of
I.
37'/2C
(quar.)
com.
A
Belding-Corticelli,
5%
25c
common.-
C.
12»/2c
Co.
(quar.).
preferred (quar.)__
$1.40
prefeired
(quar.)
$1.40 preferred (quar.)_
Beech-Nut
Packing
(quar.)
Ltd.,
97V2c
Corp.,
7%
Corp.
(quar.)
A
11-30
$3
Goods,
&
12-10
held.
common
(s-a)
Paper
Phenolic
50c
1
Electric
&
Co
American
12-
div.)
Metals
American
American
12-17
—
$1.40
Extra
$1
&
American
Power
1
,
Machinery
par)
Machine
preferred
12-
75c
—
Fomite—
Madison
prefered
preferred
12-15
Ties,
Co.,
(quar.)
(quar.)
A
Delaware—
(s-a)
Traction
&
Optical
(quar.)
Lumber
Beaver
Class
20%
American
Lomb
Brummell
Class
12-10
—
—
Bayuk
12-14*
3
be
1
of
—
Cigars, Inc.
Bayway Terminal Corp.
12-
dividend
American
&
preferred
Beau
12-10
—,
(resumed)
12-
20c
prior
Works
Iron
12-3
12-20
will
stockholders
the
20c
(quar.)
:
12-20
25c
at
12-
1-
12-
12-23
10c
(s-a)
stock,
common
11-22
40c
—
Extra
preferred
$1.75
Ltd.
Canada,
3
75c
Common
^Convertible
of
12-14
1
B
shares
thereof
cash
112y2C
Co.
12-22
1-
fractional
lieu
Class
Basic
4%
class
12-15
25c
__________
Bath
of
12-15
8%C
(quar.)_
(quar.)
Sons
Extra
Bausch
(initial)
(irreg.)
$2.50
shares
1
30c
11-15
12-23
class A common and the
will be paid at the rate of six
12-
$1
preferred (quar.)
;
Bankers Bond & Mortgage Guaranty Co.
America,
common
Barber (W. H.)
Co. (extra)
12-20
(quar.)_
pfd.
of
—
(quar.)—_____
preferred
11-30
3
50c
non-cum.
11-15
"^2-15
Steel—
&
75c
Co.
.12-13
$1
8
12-15
25c
11-15
Hat Corp of America on each 100 shares
of
combined
the
holdings
held.
No
Canada
preferred
25c
(monthly!.10c
Corp.
Porcelain
(Joseph)
(quar.)
(resumed)—^
Refractories, Inc. (quar.)
..-Batavia
Body Co.
(s-a)
50c
Co.
preferred"
6%
preferred
convertible
Barber-Ellis
9
o
Derrick
Insulator
,1%
—_____—
-—
a
Additional
Ice
t
2*1 9
.
„
Home
Company,
—____
Inc
.Bangor & Aroostook RR., $5 pfd. (quar.)
Bangor Hydro-Electric, common (quar.)__
11-10
.
(quar.)
American
,.
(quar.)
Mills,
non-cum.
Bancroft
3-15
Steamship
Leather, 6% pfd.
American
4%
Inc.
T.),
4%
(year-end)-
common
11-15
Baltimore & Ohio RR.—
5
for
of
12-13
1-
1
3
25c
—
the
common
4
$1
(B.
Paper
—
______
American. Hide &
American
11-30
12-31
1-
com-
1/100
(quar.)_
B
12-15
1-15
$1.183/4
Corp.
Class A
11-30
7%
(quar.)
preferred
American
12-15
±_,
Hardware
3.90%
—
Badger
3-15
Electric
2nd
American
dividend
Babbitt
,12-15
Co.
$2
25c
~-
12-
12-
common______——_—_—.
Participating
non-cum
participating
25c
__—
(quar.)
2
of
American-Hawaiian
Conv.
Corp.
__—
(quar.)__
1
com-
1/100
common
dividend
American
American
Inc.
12-
held
held—
Hair
v.
'
Common
American
Collieries
12-
____
Co.
share
preferred
American
B/G Foods,
.
cash divi'dend._______
dividend)
2/100
of
a
rach
share
American
Ayshire
1
(year-end)
(irreg.)
Machine
Manufacturing
12-1
a
held—
of-Atlantic
each
Avco
Voting
30c
.
of
12-
12-17
12-20
12-15
A
30c
(quar.
12-17
12-15
10c
Corp.,
115c
;
Baltimore
share
(stock
share
1
Alarm
1-3
25c
of-Atlantic City Electric
for
Common
Fire
12-
3
,
11-21
12-14
5
12-17
1- 3
25c
participating class A (s-a)
$7 non cum. participating preferred (s-a)
yA stock dividend on the class A partici¬
11-21
12-21
$2
112 y2c
1-3
1- 3
tl5c
$1
______—-__—
12-17
______
40c
Co., Ltd., common
12-15
$1.12%
quarterly
share
12-
3
1-3
1-
Service
(quar.).!__
50c
;
stock
City
share
mon
1-
Co.—
each
Atlantic
each
A
Stock
;
Electric
&
extra
Common
Class
—
(year-end)-
Inc.
Atlantic
for
mon
Co., com.
quarterly cash dividend
(stock
dividend)
2/100
Common
Auto'Electric
1- 3
:
56y4C
Extra
1
30c
»(quar,)__
—*
.(quar.)
(quar.)
;—
Imperial Diesel Engine Co.—
A
preferred (quar.)__
Atlas Powder Co. (year-end)
12-15
:
Growers,
—
Series
12-
87y2c
'%21
$1.44
Ship
12-15
t35c
(quar.)___
$5
12-27
1
1- 3
3iy4c
31V4c
$1.75
(Initial quar.)
Company
M.)
Byrndun
12-27
1
11-
12-10
\20c
______
(A.
Class
11-
$1.75
__
(quar.)^
com.
initial series pfd.
Extra
62'/2c
Atlas
12-15
lnc.___i______.____
Ltd
Steam
Atlas Corp.
12-31
50c
Co.
common-.
Indies
(reduced)
preferred
(s-a)
Extra
3
3
37V2c
-
Railroad,
West
&
Conn.—_______
common
Automatic
(qrar.)
Line
of
Co.,
Copper & Zinc (resumed)
Butterfly Hosiery,-Ltd. (s-a)
12-10
50c
Co.
H.)
(accum.)
preferred B (quar.)
Butler Water Co., 7%
preferred
Byers
12-10
11-27
15c
pfd.
7%
Extra
3
12-21
1- 3
12-15
12-10
.
10c
(P.
Bldgs.,
Butte
$1
-—
tile
15c
5%
$1.68
1!
12-10
:
Terminal
12-15
'
12-10
1- 3
t25c
Extra
$1.40
20c
12-20
12-20
$15c
(quar.)
Docks, Ltd. 45c partic. ciass A
Machine (quar.)
pating,
_____—
RR
Line
Ltd.
Extra
12-13
12-10
15g
Burroughs Adding
3-15
12-20
25c
1
12-15
t
12-17
50c
_____
(quar.)-——
Burlington Steel Co.,
2
11-15
1- 6
"
(accum.)
(accum.) ____:
Refining
-30c
A
Inc._
11,-15
Extra
1
12-15
12-15
12-15
Co.—
37yac
Atlantic
$1
quar.)
Industries,
Telegraph—
&
Point
West
non-cum.
3
'
12-
Picture
$1.25
Export
?4Vt%
$6
Atlantic
11-24*
12-
(quar.)
preferred
District
American
$4
12-20
12-15
___
American Fork &
Class
2
Co.—
(increased
convertible
American
$6
1-
12-15
$1.25
(quar.)-*
com,
Quarterly
Co.
Coast
$1.50
Co.
Cyanamid
American
One
Atlantic
50c
(quar.)
Colortype
American
Stock
12-20
12-15
(quar.)
Year-end
.
2
&
30c
3V'2%
$5
1-
$1.25
—_____________
preferred
■■4% %
preferred
Atlanta
50c
Cigarette
fcommon
-
preierred
6%
12-20
25c
American
:
7%
12-20
35c
Extra
,
12-20
2
$1.75
(quar.)
(quar.)
Chic.e
American
<■
2
1-2
Lines,
(quar.)___l
Cable
&
Extra
*
Telephone
1-
$1
Extra
-
Associated
1-
$2.25
—
___
American
6%
Motion
Co.—
preferred
preferred
American
/
'
(Year-end)
Foundry
non-cum.
Extra
(s-a)
Co.
Car
American Chain
5%
Associated
25c
,
;
American
7%
6*
1
25c
(quar.)
(qv.ar.)
American
r
25c
12-
12-
25c
B
Extra
,•
"
1-3
12-15
35c
1
Extra
•!
,
75c "
:__
i30c
$7%c
(initial)
1-14
12-
11-15
30C
12-27
11-12
30c
quar.)
12-31
11-29
12-15
Burd Piston Ring
160c
Refining, common (Guar.)
preferred
(quar.)
11-15
93%c
—
Extra
6*
12-10
common
11-26
1- 2
12-15
1
U5c
Co.
Company,
1
1-
1-31
(quar.)_
20c
Ltd.—
—
90c
50c
preferred
$1.25
12-29
7'/2C
12-13
12- 7
12-10
11-22
30c
25c
8
11-30
$1.50
12-15
12y2C
11-30
25c
preferred
15c
pfd, (quar.)__
dividend)._—
L.)
7-
1-
12-
12-14
*
$3.60
4-
$1.50
12-8
15c
12-23
12-14
,
25c,
Inc.
Co.,
10-
^
12-10
12*23
50c
(year-end)
(quar.)
$5
'
12-10
15c
(quar.)
common
Co.,
Sharpe
Common
11-12
12-15
7
12-31
Buckeye Pipe Line Co
Bullard Company
12-18
11-12
•
(year-end)
Bigelow,
Class
B
(initial)
Brunswick-Balke-Collender
12-15
12-
1-15
2Va %
(quar.)
3%% preferred (quar.)
Bruck Mills, Ltd., class A
$1
Investment
Iron
G.)
Bruce
25c
Associates
&
12-20
12-20
3
7
—
3
12-15
1
12-
—
(E.
1-15
1- 3
1- 3
(quar.)
1-
1
933/4C
11-29
Co., Ltd.—
*
Brown
50c
convertible
',$1.20
(E.
Extra
10c
-
•
45c
By.
12-20
25c
11-29
125c
(s-a)
3
200%
12-15
$0.23437$
Electric
pref,
1-
12-23
12-16
——
Brooke
12-
12- 3
25c
Extra
12-15
10-22
12-15
12-20
12-31
12-15
:
Broadway Market Corp.
Brockway Motor Co
3
i-2i
1-31-40
Columbia
prior
933/4C
conv.
1
6
15c
33/i% preferred (quar.)
12-
$1.25
Hardware Co.,
(J. H.)
Ashland
8
12- 6®
12-28
1-14
12-18
37y2c
(quar.)__
12-
12-
Co.,
25c
(quar.)
12-15
12-10
1
$1.37V2c
preferred (quar.)
Ltd.—
Oh
(quar.)—.
Common
12-23
$3
preferred
6%
(irreg.)
Year-End
British-American
1*
2
Shoe
Ltd.
B
3
1*
12-
$1.25
6%
Co.
Class
1-
12-
12-15
140c
Co.,
Mfg.
12-15
12-22
11-30*
12-15
61
(quar.)
12-10
1-
(resumed)—
com.
Extra
Rubber
::
12-10
6
$l.x0
Co.
Bristol-Myers Co.—
3%% participating
$1.25
Corp.
A
40c
60c*
12-15
<8r
(quar.)
Class
75c
12-15
Brown
(quar.)
Constable
Artcraft
3
70c
3
1-15
50c
preferred
11-22
_
1
1-
Brown
—
12-20
t$l
5
!__
12-
$3
50c
pfd. (quar.)
Briggs & Stratton Corp. (quar.)
6
(quar.)____
11-30
12-30
Ltd,
conv.
11-
&
12-15
<quar.)_
12-
13-13
5%%
11-
Corp
15c
Co.__
common
Bridgeport Brass
6*
6
—
12-31
Sem,-annual
3
12-10
Co., $6 conv. preierred (quar.)—
Armstrong Cork Co., .common (year-end)
1-13*
2
3
1212-
25c
(quar.)
(quar.)____
12-
1-
12-
3
3
3
11-10
75c
3
1-
11-
12-
:
12-
$1
—
12-15
_____
l
12-15
12-14
(year-end)
6%
preferred (s-a)
Brager-Eisenberg, Inc. ((quar.)
Traction Light & Power Co.,
t20c
:_
3
$2.25
—
Brazilian
7
(quar.)
12-27
(quar.)
11-30
12-
(quar.)____—_—
12-6
_________
11-30
Bearing
12-22
,u.
$75c
American
American
1-31
12-10
12-15
Co
$1.75
Co. common
preferred
Armour
2*
-
12-31
T2-15
Roller
$1
(increased)-
1-
U-15
Boston Woven Hose & Rubber—
$1
$50c
(quar.)
______________
Bower
2
______
(quar.)
preferred
Armco
2*
25c
2
12-
Mills—
dividend
$3.75
•
12-
3
Brown
(quar.)
$5 preferred (quar.)
Arkansas Natural Gas,
2-2
—
Co.
$5 preferred
12-10
$25c
Manufacturing.:
Industries,
Common
$5
11-20
1
3
1-
Boston & Albany RR.
Wharf
Co
Boston
—
com
12-
$1.50
1-
"5%
Co.,
12-10
12-15
$3.50
11-15
50c
2
i2y8c
-
12-17
(quar.)
3
$2
Ltd.__
Ltd.—
12-14
25c
12-
$1.5u
(year-end)
12-14
Brass-.
12-
10c
(qoar.)____
Corp.___
$5
Ltd.—
&
|
(quar.)_
(accum.)
3
50c
2*
pfd.
1-
$1.25
—
(year-end)
tyear-end)
__
1-
12-22
7%
$1
iquar.)
Cotton
Stock
11-15
12-10
935/4c
-
Stores
$1.75
Corp.,
Mfg.
Arizona Edison
11-22*
5
12-10
50c
—
12-
12-
Bond
Realty Corp.
$1.50
(quar.)
r
12-20
12-22
3
12'/2c
(quar.)—__
6% preferred (s-a)
Argo Oil Corp. (cash dividend)
11-30
1-20
8iv4c
Amalgamated Leather,
Amerex
12-10
,
85c
■.
Aluminum
11-30
(quar.)______
:
t
12-14
12-10
75c
(quar.)
Aluminium, Ltd.
Special
12-28
,
50c
—
(quar.).
j
Extra
12-15
(quar.)—
Extra
1
3
12-15
1- 2
common
Canada,
Goods
12-
12-22
25c
_
________
Aineuca, common(quar.)
preferred
12-17
$1
(quar.)—
Cement
of
co.
1
preferred
convertible
$3.75 preierred
Aluminum Co. of
1
12-
50c
common
Mfg.,
1
,12-
62y2c
(quar.).!—
——
Portland
Aluminum
.
Inc.
Corp./
12-
12-22
12-
50c
Arte
Arcade
12-15
12-23
$2.25
(s-a)
Inc.
Smelting
Applied
1
12-10
15c
———
•_!—
Stores
$5
. ■
80c
$1.12Va
National
preferred
Apex
12-10
12-
pfd.
Cable
Mining
Copper
7%
4
.
Inc.—
Allis-Chalmers
1-3
„
(year-end)
common
preferred
Allied
12-
12-15
common
convertible
12- 4
12-24
SI
&
Electrical
Apex
Aluminum
$1.25
___
(quar.)
Anglo-Iranian Oil Co.,
Ordinary (interim)
Co.)
(quar.)——
Allied
*
5%
Mining
Anheuser-Buscn,
12-24
$1.05
(quar.)
(Aiah)
(resumed)—
Industries, Inc
AUianeeware
12-15
$4
_
Association-u-.—
Alieghany-Ludlum Steel,
$4.50
pfd.
Wood
(see
Salmon
1- 3
$4
-
Alabama
12-24
Bohn
50c
___
(quar.)
Post
Andian
11-27
12-31
75c
.
Alabama Great Southern RR. ordinary
6%- participating preierred
_1_■
1'
8
35c
(s-a)___.
Products, common
«>. prior preferred (quar.)
Andes
-
.
(quar,)_-
,
12-
preferred
$1.75
_
quar.)
Inc.
Wire
Anchor
12-15,
.$1.25
(Watertown,
12-
Metal,
Anaconda
12-
12-15
7%preferred
Copper
12-.6
1-10
Co.
Anqconda
12- 6
12-16
40c
25c
______
Co.
...
Y.)
(N.
Co., common
prior preferred
convertible
Ampco
12-16"
12-16
(year-end)
Engineering Co.,
-(quar.)
Insurance
Woolen
Co.
(quar.)
(quar.)
Thread
$4
11-20
12VaC
—
Tobacco
American
-
12-15
12-11
(quar.)—:
preferred
Y.)
.1-2
$1
50c
12>/2c
(quar.)—
Sumatra
Surety
Telephone & Telegraph
12- 3
12-20
6%
35c
pfd.
7%
American
12-10,
$25c
(quar.)—.
—,
3
12-15
25c
$1
I__——_—
(quai.)
American
7V2c
(interim)
Castings
1-
Co.
Refining,
Sugar
American
li-20
12-15
$25c
__
(quar.)
Aetna Ball & Roller
Bearing com.
<
1
-
Extra
5%
1
12-
Ltd.—
(quar.)
Advance Aluminum
Agricultural
12-
2
$$1.25
Addressograph-Multigraph
Aetna
2
1-
(quar.)-
Co.
-5%-corrv.
1-
$62Vic
__
Sugar Refineries,
A
partic preferential
Electric Corp., common
Stores
Bohack
50c
Extra
American
$37Vic
(quar.)
Class
Acme
American
Hoidert
Payable o) Rec.
8
60C
(year-end)
(increased)
:
American
(Guar.)—
preferred
Atlantic
Acme
When
Share
Paper Co., Ltd.—•
prercrred
*2.50
'
_
Foundries
Steel
American
preceding table.
' 12-
25c
Tobacco,
75c
—
preferred (quar.)
American Stamping Co.
12-20
Bros.
$1.50
(quar.)
common
Holders
Payable of Rec.
$1.50
Year-end
50c
(quar.)
Co.,
6%
not
announced
Snuff
(year-end)
com.
1
$1.75
& Refining,
1
12-
$2
'
51
25c
12-
12-24
Bloch
When
Share
Company
12-24
25c
(s-a)—
Extra
give the dividends announced in previous
yet paid. The list does not include divi¬
we
Per
Name of Company
Blaw-Knox
50c
—
Smelting
•1%
Holders
Payable of Rec.
,
—
Republics Corp.
American
weeks and
Sanitary—
(2367)
25C
Special
•*
preferred
Standard
&
Common
8
12V2c
5 7/10c
,
When
Share
Company
Radiator
American
(quar.)
CHRONICLE
Per
Name of
Payable of Rec.
Share
FINANCIAL
&
Holders
When
Per
Name oj Company
Wool worth
COMMERCIAL
THE
Number 4757
Central
Illinois
Light,
4Va%
Central
Illinois
Public
preferred
(quar.)
(quar.)__
$1.12V2
1-
3
12-17
12-31
12-17
Service—
4%
pfd.
$1
52
THE
(2368)
When
Per
Same of Company
Central
12-23
12-10
1-15
75c
40c
(quar.)—
I-
Common
$3.75
6%
Co.,
pfd.
v
(quar.).
(quar.)
Special
Electric
Stock
dividend
Co.
75c
12-20
12-10
Continental-Diamond
12-18
12-
b
12-18
12-
8
Continental Gin Co., 4%%
Continental Oil (Del.)
(quar.)_
12-14
12-
3
12-14
12-
3
12-15
1ZP,C
12-
1
12-
1
Continental Steel
Mills
15c
l5c
12-15
$1.12%
1-1-49
(quar.).
Extra
——
,*■
Aircraft
Chamberlin
(quar.)
Co.
(irreg.)
Company of Amer.
Extra
(quar.)
12-15
12-
12-15
12-
Valve
Bank
Mfg.
Co.
(N.
(quar.)"
Y.)
Chesapeake & Ohio Ry.,
3%%
convertible
.
Cotton
Common
Company,
Cincinnati
Gas
&
Electric
Service
Co.,
Controller
Equipment
Common
Co.
Iron
preferred
Cleveland
Electric
Industries
preferred
of
Co.
3
(year-end)
com,
11-15
1- 3
12-13
Co.,
12-
6-
(year-end)_
11-27
12-20
11-27
De
12-14
12-
1
De
12-24
De
1-
3
-15-49
2-10
12-14
12-
12-15
11-29
1
_
(quar.)
common
(special)
12-15
12-
3
1-1-49
60c
Engineering
Commercial
Credit
12r 9
D.
Detroit
&
Edison
*
12-15
1-
12-
12-24
12-10
1-
3
12-15
(quar.F
IIII
1
12-
1
Diana
12-
1
Dixie
$1
12-10
Dixie
Dobeckmun
12-15
12-
12-
$1
A
5-
2
53 VaC
12-10
11-26
87VaC
12-31
12-14
(extra)
Consolidated Coppermines Corp.
Consolidated Diversified Standard
Securities,
Ltd., $2.50 non-cum. preferred
(annual).
Consolidated Edison Co. (N.
Y.)
(quar.)...
Consolidated Engineering
Corp. (quar.)
Extra
1-
3
12-23
12-24
11-30
12-15
12-
1
12-15
12-
1
Gas,
Electric
Baltimore,
Light
commOn
C
7%
preferred
Dominion
Fields
of
South
Africa..
Consolidated Press, Ltd., class A
(quar.)....
Consumers Co., $2.50 preferred
(quar.)
Power
____
preferred
$4.52
preferred
(quar.)
Assurance
Co.
Extra
I
(quar.)
2
.1
12-17
12-
12-15
Stores,
Dominion
Tar
50C
12-10
11-19
12-24
12-
12-31
12-
7
12-31
12-
7
37%c
12-20
12-
6
12-21
12-
2
Common
$1
11-30
Stock
11-24
Dresser
12-
3
3%%
A
Industries,
12-
Class
B
12-10
11-15
11-30
$1.50
12-15
11-30
15c
12-15
12-
t$l
1-3-49
1-30
40c
12-15
11-12
Common
10c
12-15
12-
$3.50
3
&
4Va%
12-15
12-
6
$4.50
Duquesne Brewing,
1-
3
12-15
Eagle
12-10
Eastern
12-15
12-15
6%
11-18
6%
12-15
Eastern
62 %c
1-
1
12-15
11-30
1-3-49
12-10
$1.13
1-3-49
12-10
30c
12-31
12-15
$1.12%,
Picher
Gas
30c
12-22
12-15
Fibre
11-29
Finance Co.
12-
3
12-10
First
40c
12-15
11-30
First
12-10
11-26
1-
12-10
12-31
$1,25
12-
12-15
,
1
2-17
3-17
12-28
Florida
12-28
Food
12-28
1-
7
12-16
11-16
12-15
11-18
2-1-49
1-
3
1-3-49
12-
A
12-
6
1-
3
1-15
B
25C
1-15
1-
Power
1-15
1-
3
1-
3
1-15
c
1-
$1
preferred
III
(quar.)__
(quar.)
50c
3
11-27
12-17
$1.50
1
12-22
Co.
-
Fuel
Above
payments
$3
Pov/er
of
Fuhrmann
Gair
&
6%
(extra)—.
12-15
5%
12-16
11-30
5%%
Co.,
12-16
12-31
12-18
General
32-10
11-24
Stock
&
5%
preferred
common
(quar.)
$1.60
Co.,
12-
3
General
11-23
1st
(accum.)
-
12-10
11-26
General
12-10
.11-26
General Motors
1-2-49
12-
3
preferred
preferred
1-22
12-24
General
1-
12-
$1.50
3
6
Mills,
12-15
12-15
*
2
12-10
12-
1- 2
1
6
L
1
$3
12-
8
11-26
(year-end>__
37%c
12-10
12-
2
12-
8
Transportation—
75c
A
(quar.)_—...—
12-29
$1.06Vi
(quar.)
t
2-1
>r
1-5
3c
12-22;.
11-29
5%
12-22.-
U-29
Supply Corp.—
.
(quar.)__,
3.1 %C
(quar.)
Co.
12-
4
12-
4
25c
5%
Corp.,
preferred (quar.)
1-25
12-11
<
$1.75
1-
$1.25
3
12-28-
12-17
-
11-23
—
12-17
12-17-
preferred
common
(quar.).
(year-end)—
40c
12-10
11-30
75c
B
(quar.)
1-2
12-22
$1.25
1-
$2
(quar.)_l_,
Advertising,
2-
(increased
quar.)
25c
1
2-
933Ac
common
1
12-10
$1.25
Outdoor
Cement
11-29-
3
50c
'
class
11-29
12-20
$2.50
—
common
5%
1-
12-20
50c
(quar.)_
Portland
12-15'
12-15
25c
Co.
Inc.,
<
(
12-31-
25c
(quar.)
preferred
Year-end
1-
t30c
(quar.).
common
Manufacturing Co.,
12-15
20c
12-15
*
1-
Fireproofing Co.,
(quar.)
$1.75
i_
pfd.
;
2
5%'
12-20
12- 3
12-
Geramer
$3.75
12-31
_
2
12-15
General
12-31
1-
General Industries Co.,
6
12-31
f$1.38
12-15
3
12-20
37%c
34%c
preferred
12-
3
28VsC
(quar.).
(quar.)
...
Cigar
General Electric
12-
3
12-
(quar.)^
Corp.
General
3
1
12-
12-20
12-
pfd.
12-10
1-
12-
12-20
12-
Builders
Candy
11-26
1-2-49
12-15
10c
2
Company
12-31
50c
11-24
25c
(quar.)
(quar.i
dividend
$1.50
(year-endt__
11-24
12-15
12-10
1-
American
12-10
$5
12-10
t$1.25
Extra
$3
3
1-10
(quar.)„__
Extra
12-20
7%
(accum.)
Co.
common
Ltd.,
preferred
conv.
1-
$1
—
(quar.)_
(quar.)
preferred series
General
1
12-10
30c
Co.,
preferred
Co.
Power
Box
12-20
..
Common
12-15
50c
6
25c
&
Gauley Mountain Coal Co.
2
1-
12-
Corp.
preferred
12 %c
$1.50
12-15
12%c
Gaylord Container Corp.__
12-27
1
(quar.)
General
$1
12-
20c
common
12-15
■
1
12-15
Mexican
—
Brewing
11-19
2.
1
12-
$1.50-
Inc.,
(Julius)
50c
(quar.)
8%
common
12-31
1-
1
12-
12-15
(quar.)
12-10
$1.12%
12-
12-29
25c
preferred
45c
(accum.)
Co.,
dividend
less
are
Schmidt
(Theo.)
20c
(quar.)_
12-15
'
preferred
Garfinckel
2
1-10
5
3
81Vtc
...
Loom, Inc.,
(Robert)
Gatineau
1-25
112-
»
10c
Year-end
1
1-10
1-15
12-20
•
62 %c
(quai.)_
Co.
non-cum.
12-
11-22
12- 1
30c
the
$1.25
Kodak
(quar.)
tax.
Industries
12-22
$1.12%
(quar.)
Corp., $6 pfd. A
30c
11-24
11-24
,
25c
^
dividend
.Frontier
Gary
1-25
12-15
11-29
1
12-14
12-10
12-10
11-29
12-
Associates—
Iron
50c
50c
12-20
General
(accum.)
Malleable
(quar.)
1
12-20
12-22
87 %c
6
1-
103Ac
$4.25
I
12-
$30c
(s-a)
preferred
Co.—
1
65 %c
Company
Extra
5%%
•
1
12-
Fresnillo
11-29
10c
12-
-1-1-49
12-
12-13
$62%C
12-10
$1
Inc.___.
5c
■
1
$1
(s-a)
1- 2
convertible
Ltd.—
11-29
12-
12-15
4%%
1-
12-10
$1.25
1
$1.12%
common
,
5%
1
12-15
1-3
$1
1
,
$1
30c
.....
&
/
(quar.)
12-
12-20
3
!
dividend)
12-
$$1.25
3
12-
12-
>
t$l.50
Garrett
(quar.)
12-
12-15
75c
(Utah)—
(s-a)
(cash
12-15
25c
12-15
dividend
12-15
1-
5
12-22
(quar.)
Inc.—
37 %c
25c
3
t20c
—
Stores,
933Ac
Inc.—
3
12-
Foreign Light & Power, 6% 1st pfd. (quar.)
Wayne Corrugated Paper (year-end).
11-20
1-
12-
12-
$2.50
Machinery & Chemical Corp.-r3V4%. conv. pfd. (quar.)
Foote-Burt Company
Fruit
1
12-10
12-20
12-20
Food
Frontier
12-
5
^
preferred
3
12-15
1
12-
Baltimore, class A
(s-a)
common'
Fair
$2.50
12-15
11-23
12-
12-10
Stores____l__
common
Common
1
12-10
12-31
10%
Extra
1-15
2-1-49
1
6
12-10
$2.50
at
$4 preferred (quar.)
Flour Mills of America,
1-15
7
1212-
Ltd._!_—
Canada,
York
3-31
1-
of
National
25c
1-15
12-15
#
Security Corp of Ogden
$25c
2-1-49
12-20
35c
Flintkote Company, common
1-17
11-30
Co.—
Corp., $2 preferred
Fittings, Ltd., class A (s-a)
•
1-31
2-28
12-10
12-16
dividend)
(stock
of America
B
Class
First
2
11-30
62%c
Stoves
(quar.)__
Corp
Products
Class
11-30
1-31
10c
(year-end)
Company
&
preferred A
6%
12-16
12-15
Class
6
12-
12-10
$1
12-20
1
12-
12-20
10c
25c
dividend
15c
81%
I__IIIIIIII
Chemicals, Inc.
preferred
Stock
2
12-20
Cleaning & Dyeing Co.—
Enamel
Cash
25c
$15c
Extra
$7
1-
Ferro
12-31
$2.50
,
••
Extra
6
$$1.75
prior preferred
(quar.)
preferred
(accum.)
Eastman
11-27
$25c
4Va%
12-31
&
12-10
Quarterly
11-27
12-
$3.75
riew
Durex
Duval Texas Sulphur
12-31
United
Shoe
—
(year-end)
Fort
(quar.)
12-15
12-31
preferred
Fenton
Ltd.—
(quar.)
12-15
15c
5%
1
6
$1
common
3
25c
1
12-
$25c
Co.,
(year-end)
Plastics
Curme
12-
$37%C
(auar)
Products—
(E. I.) de Nemcurs
preferred
12-10
\
& Company
12-15
Ltd.-r-
&
preferred
12-31
$1
J.)
12-15
$$1.25
Steel
Pont
&
25c
3
12-17
Feltman
25c
1-
50c
11-26
Stcck
Laboratories,
1-
$16 %c
12-16
35c
______
(quar.)
Rubber Goods,
preference
(sra)
1st
du
11-22
30c
(quar.)„
(John
$$1
(quar.).
preferred
Dunlop Tire
Dunn
6
Bradstrpet,
3-16
12-10
15c
Co
r
common
preferred .(quar.)__
Dumbarton Bridge Co.
;
Dunlop Tire & Rubber Goods
Co., LtdDumont Electric
Corp
12-
1
Truck
25c
conv
12-15
4-1-49
15c
Works
3
12-16
$2.50
183Ac
40c
Motor
$1.50
'
(initial)
*3c
11-29
12-15
1-2-49
Co.
Extra
15c
(initial).
12-15
.11-20
$1
Screw
62 %c
Co.
A
4
12-10
5c
Felin
____
'
common
B
7
12-
11-20
1
Federal
Co.—
4%
12-
12-15
(quar.)
15c
:
(quar.)
(Allen)
Inc.
Federal
3
12-27
1
12-10
Mining
75c
preferred
12-15
Shops,
1
1-
11-30
20c
(quar.)„
12-24
15c
I
Corporation,
Company
12-16
1-
12-13
25c
Insurance
12-
12-15
12-
11-30
$2.50
Life
1-15
50c
12-14
12-15
$7.50
Corp
1-5
(quar.)
12-17
3
$15c
Enterprises, Inc
& Smelting
Federal-Mogul Corp. (quar.)
Federal
-
1-
12-21
*10c
12-15
12-
1
'11-29
30c
—
75c
12-15
1
,12-
-
1- 2
65c
Ltd.—
12-23
;
12-15
12-10j;;'' 11-30
<>
25c
—
12-23
2%%
Class
3
12-20
$25c
12-1
12-
12-20
12-15
-12-
15c
Federal
Bake
lc
(quar.)
12-15
"1-2
Federal
25c
(quar.)
37 %c
$1
11-29
12-15
1-1-49
1
,.$1-12-20
i
B.)
1-
25c
(quar.)
(A.
12-15
1
12-20
87%c
—
Quarterly
Farquhar
12-31
1-
10c
(quar.)_
Mines,
Traders
50c
dividend
Mont
5%
12-20
2
(quar.)
Chemical
12-10
1
1
$25c
12-15
Du
3
12-
$17 %c
Draper Corp.
Year-end
12-15
12-
2
(resumed).
preferred A (quar.)„
$3.25 2nd preferred
12-15
1
12-31
1-31
lc
(s-a.)
40c
$4
Dravo
1-
1-25-49
25c
Metallurgical
&
12-21
2c
Ine.__
Nickel
.I
(Syracuse)
12-15
1-
(resumed).
Ltd.
&
preferred
12-10
3
1-
(irreg.)—..
Dominion Textile,
Ltd., common (quar.)
7% preferred
(quar.)
Dorset Fabrics, Inc.
(year-end)
Dow Chemical
Co., common (cash div.)
1- 3
Farmers
12-
12 %c
(quar.)_
12-15
Fansteel
1
1
$1
Co.
(quar.)
Dominion
2
2
12-
1-
15c
(quar.).
1
1-
5c
Engine & Airplane Corp. (resumed)
Railway Motors (increased)--
Extra
6
12-
$1
Extra
5%
preferred
(quar.)
Dominion Steel & Coal
Corp.,
Class B
(special)...
Eastern States
(quar.)
50c
$1.12%
(quar.)
12-21
Co.—
$4.50
12-14
Malting Co., Ltd.
Common
$1.25
(quar.)
12-28
1
25c
Corp.
Co., Ltd.,
12-21
$1
preferred (quar.)...
Continental
Dominion Glass
Extra
90c
(quar.)II__IIII
Falconbridge
Co
$1.12%
common
Fairmont
12-
12 %c
(quar.)
;
12-31
'
Power
(quar.)
(quar.)
Gas
Utilities
Grocers Corp.,
Gold
&
(quar.)
B
11-26
12-15
25c
12-31
20c
5c
preferred
Consumers
Mfg.
Common
Dun
;
12-17
12-10
_
$1.50
>
Fairchild
12-27
12-
3
J50c
preferred—
•
Co.
Products,
(The)
40c
12-15
12-16
12-15
50c
Corp.
Insurance
50c
...
Inc.—
(extra)
Fair
(year-end)
(year-end)
$1.05
Industries,
partic. preference
Common class B
12-15
...—
(extra)—..—.
75c
(accum.)
Consolidated Chemical
2
1- 3
20c
,
Fabricon
1-
llrl2*
28c
(quar.)
Eversharp, Inc., $5 preferred
$2
______
Stores
Driver-Harris
Consolidated Cement Corp.—
11-27
(initial)
class
t$1.50
Mines, Ltd
1111.111111111111
Connecticut Light & Power
(year-end)
12-18
Common
25c
,
Excelsior
(quar.)
Company
Common
,
50c
Year-end
preferred
Home
$1.50
IIIIIIII
Ex-Cell-O
12-10
r.
—
50c
Ltd
partic.
30c
Mines, Ltd
Dominguez Oil Fields
6-1-49
15c
(quar.)
12-15
12-15
12-31
$1
Dome
12-15
/
12-10
12-10
11-29
(year-end)
12-31
5c
Foundry
Corp.
Doernbecher
1
1- 2
1-2
25c
Products,
Corp.,
$1.75
(quar.)
12r
(Ky.)—
Coniaurum
Consolidated
A
12-
2-
62 %c
683Ac
—
Erie RR.
12-10
——
preferred
Heating
Credit
12-31
(quar.)
Corp., $3 preferred (s-a).
Stores Corp.
(increased quar.).
Cup Co., common (quar.)
12-
12-31
&
4
12-10
.
Equipment—
convertible
10c
Giorgio Fruit
12-29
1-10
4
25c
12-15
3-1-49
12-
12-15
125c
1
4%
37 %c
—...
(s-a)
Tunnel
Raynclds,
12-15
20c
&
12-
12-15
12-15
,
u;
12-10
B
Class
11-26
Southern—
Quarterly
5%
Di
12-
Derrick
11-19
12- 4
1-24
50c
■
Dry Goods
Emerson Drug Co., 8%
preferred (quar.)—
Emerson Radio & Phonograph (year-end)—
Empire District Electric, common (quar.)—
Emporium
Capwell
Co.
12-24
$1
&
Class
12-15
— ~
Walker
Emsco
12-17
12-20
25c
—
—
11-26
Extra
12-15
(quar.)
common
12-10
Co....
Iron
Steel
Devoe
70c
65c
Participating
Participating
Equity Corp;, 20c preferred (s-a)
Erie Coach Co., new com. (initial quar.)
Erie & Pittsburgh RR., 7%
guaranteed
12-
2
re¬
-—<——
11-26
12-15
6
15c
1
12-10
3
12-
(quar.)___.
Enamel
._
Realty
12-20
Watch
(quar.)
preference (quar.)
&
will
common
Equitable
...
(cash
Canada
Gray
Detroit
12-20
3
Share
&
12-17
1-
12-10
only cash.
Corp.
(year-end)
12-10
12-15
12-10
12-21
12-24
12-10
.
12-
12-21
cash
2
$2
12-20
25c
paid,
1-1-49
.
(quar.)
Detroit Harvester Co.
Detroit Mortgage &
12-16
11-24
1-
25c
Confederation Life Association
(Toronto)—
4%
Detroit
3
3
12-10
Bend
be
1-1-49
$1.12%
—,
$6.50
Light
the
50c
(quar.)—
Supply
preferred
(quar.)
Oil Co. (Kansas)
Derby
shares,
preferred
5%%
Ely
11-20
1-
2
12-28
—
&
30c
preferred (quar.)
Co. of N. Y.-r-
Dentists'
Detroit
90c
(accum.):
Public Service
Consolidated
convertible
11-29
90C
___
i._;
preferred
Consolidated
5%
11-29
15c
Quarterly
Inc.
11-26
3%
$4
Commonwealth Life Insurance Co.
Congoleum-Naim,
12-
Inc. (quar.)..
Hudson Co,
(quar.)
12-17
C.)—
I,!
,.11111
Co
Increased quarterly
Commercial Solvents
Corp,
12-17
dividend
9
Stamping Co.—
Commonwealth &
Inc.
12-
Co.—
Common
(increased quar.)
3.60%
preferred
(quar.)
Commercial Shearing &
3-17
—
dividend)
Stores,
12-31
25c
(quar.)
Combustion
12-17
Denman Tire & Rubber—
Common (reduced quar.)
12-10
25c
.___1
Co.
12-17
2
1
12-10
1-10
held
75c
.—
pfd.
3
1-
$1.12%
(year-end)..
Deep Rock Oil Corp
Deerfield Packing, 4%%
3
12-17
$2.50
__
...
Dejay
1
12-
will
Company,
5%
12-17
3
Fund,
12-
Power
shares
60
fractional
National
Elliott
1
12-31
$1
Corp.
Inc.
&
25c
(Wash.,
of
Records,
Delaware
12-
12-
,12-15
1-3-49
12-20
<quar.)__
(stock dividend)
Carolina
each
Year-end
12-13
3
(Calif.)
Corp.
$12.25
Long Hook & Eye
Walt, Inc. (quar.)
Witt Hotel
(Chicago)
Delaware
•
1-
3
t50c
11-29
12-15
Elgin
ceive
11-19*
12-
1-
(quar.)
Frere, Ltd., class A (quar.)
11-29
12-15
Electrolux
4-
Stores
Chemical
12-15
68 %C
Extra
Co.
Fisher
12-15
12-20
12-14
50c
pfd.
pfd.
Co.___
Decca
12-24
12-15
11-19
which is equal
to the rate of 50c per share.
All stock¬
holders owning less than 60 shares of
11-24
50c
_
Day Mines, Inc
Dayton Michigan RR., 8%
12-20
of
12-24
$1.25
(accum.)
(quar.)
12-
3
lieu
1-2-49
12-16
of
for
equivalent
12-10
$2
(year-end)
12-10
20c
i.
3
$1.25
prior
common
Common
(quar.)
1-
50c
__
Bonus
Company—
Carbon
Corp.
Mill's,
&
David &
Co.—
,
1
share
12-10
$1.25
(quar.)..
(quar.;
Davison
62 Vac
*_
12-
6
12- 6
12-10
50c
—
Products
common
In
12-
15c
One
4
12-15
40c
—
Inc.
preferred
12 %c
quarterly basis)
12-
50c
(quar.)
...
Co., $4
(accum.)
Cigar
River
Daniels
5-15
1
G.
$4c
(s-a)
12-24
1
12-22
Manufacturing—
&
Electric Bond & Share
4
12-
50c
—
(quar.)
40c
12 %c
Semi-annual
4% %
preferred
8-15
$15
(quar.)__
4
12-15
25c
—
1- 3
12-24
12-13
60c15c
Extra
12-15
12
common
Extra
common
Publishing
Va %
$1
Ltd
3
12-24
11-27
11-22
(quar.>.
common
Year-end
Electrical
5
12-
12-20
1-
3
12-14
12-15
Co
Controller
55c
^
11-30
$1
com.
common
Baking Co.,
Consolidated
4
$1.50
__
12-
11-
Co.,
:
preferred
Electric
11-22
6
10c
preferred
Co.,
preferred
W.
6
$1.75
_
12-
12-16
933A"c
common
9-1
__1.50
(year-end)
partic. preferred (special)
Columbia Title Insurance
A
D.
2-15
$1
Mines.
t12-15
10c
$2
6
12- 4
11-30
12-20
40c
$1.12%
(quar.)
com.
Corp.—
Co.,
12- 2
11-15
75c
Gas
Nut
12- 6
35c
(Texas),
(quar.)—
Year-end
-
12-20
12-
America—
12-15
30c
—
Corp.
a
5%
Cutler-Hammer,
12-15
1
3-
20c
Co., $2.75 pfd.
Fuel & Iron (quar.)
pfd.
% %
$7
12-14
40c
Radio
$1.40
4
Curtis
12-20
12 %C
__
Community
*
11-22
25c
...
(quar.)
_________
Gold
$2,50
2%%
(quar.)__
Clothing
$3
Wilans
11-26
1-15
12-15
Natural
Stop
Electric
pfd.
(quar.)
Cuban Tobacco,
$1.25
Co.
50c
$6
Atlantic
7%
;
Internat'l
12-10
(quar.;
$2
preferred
preferred
3
1-
$1.12'/a
-
(quar.)
.
20c
$1.31%
25c
8% preferred (quar.)
Sugar,
common
(irreg.)
Sugar com. (quar.)
preferred
Curlee
Co.—
common
Boat
Forster,
Slock
_
(s-a)
Columbian
Cuban
7
$1,12 Va
(qu&r.),
preferred
Colorado
5%
25c
(quar.)
common*
Bottling Co. I Chicago) (year-end >
Columbia
5%
8
convertible
&
10%
Colgate-Palmolivc-Peet Co., $3.50 pfd. (quar.
Collins
8
9-
50c
—
(quar.)
(s-a)
(The)
8
6-
10-14-49
com¬
(monthly)
Co.
Common (now on
Common (quar.)
4%%
3-
7-15-49
3c
Special
Coleman
4-15-49
30c
Year-end
Plow
Cuban-American
$3.50
$1.75
________
share
Yards
Peabody & Co.,
Cockshutt
Crum
8
30c
Illuminating
Molybdenum
preferred
5%
1
12-
of
$3
(s-a)_
4%
preferred (quar,)
Coca-Cola Company; common
5%
1
12-
$1
(quar.)—
Chemical
Foil
12-
50c
(quar.)
Stock
Electric
Paso
$1.50
Co,
Corp.,
Co.
$1.25
_
common
preferred (quar.)
Cleveland Graphite Bronze,
Union
Zellerbach
$1.25
Co.,
1
1
Publishing
12-13
Dan
(quar.)
held).
12-
Co.
12-21
12-15
12-15
12-15
12-13
1- 1
$5
t25c
21c
37%c
$1.06'A
Works
preferred
90c
(quar.)
12-15
$1.25
•
$4.50
preferred
preferred
1-14-49
Pacific
+
a
12-10
Corp.
15c
(quar.)
of
share
$4.50
Class A
Crucible Steel
12-
:
Coca-Cola
12-10
12-15
.
Extra
Cochenour
12-31
12-13
(year-end)
(1/10
each
A
Crown
20c
preferred (quar.)
Clayton Silver Mines
class
Crown Cork & Seal Co., Inc.,
Crown
Drug Co.
(irreg.)
12-10
$1.75
5%
Cleveland
12-10
12-30
$71.70
——_
dividend)
dividend
Cleveland-Cliffs
12-30
Co.—
(cash
for
11-27
12-
—
City Auto Stamping Co
City of Paris Dry Goods Co.,
1%
1st preferred (quar.)
Clark
12-15
Petroleum
6%
12-11
;
Clark
Crowell-Coilier
$1.25
common
Auto-Lite
(quar.)
11-27
$1
Year-end
Cochran
Inc.
12-15
12-21
(quar.)
Street
Electric
Extra
Texas
Ry.
Circle Theater Co. (ye^r-end)
$3
Creameries of America,
11-27
12-31
-
&
1
62 %c
—
12-15
$1
preferred (quar.)—
preferred (quar.)
Cincinnati
Coca-Cola
(quar.)
Creole
$1.37%
Ry., common
preferred
12-
Oil
Electric
$4.50
Crompton & Knowles Loom Works
$4
(quar.)
New Orleans
Cincinnati,
7%
7
Co.—
preferred
12-10
2c
12-30
$2
*•
Elastic
40c
11-20
—
...
(year-end i
common
1
$10c
4
——~
(special)
Securities,
preferred (quar.)___——
Chrysler Corp. (quar.)
El
12-
(quar.)
12-
75c
7%
12-14
12-10
(s-a)
preferred
25c
(quar.)—
12-28
30c
$1.40--
$1.75
(year-end)
Chilton Company
Christiana
Cluett
Co.
L.), Ltd.
Company, common
33A%
25c
preferred
Dorado
Paso
(R.
$1.25
;
$5.50
Copper Co.
Clinton
1-
1
1-13
El
El
(extra)
75c
(quar.)
Clorox
2-
7
25C
(quar.)
(quar.)
Climax
12-
3
1
12-14
Extra
25c
Common
5%
1-
Oil
12-
1-
50c
75C
Oil, common (quar.)..
Common
mon
11-29
Gulch
Products
5%
—
•
Stock
12-20
Cow
12-15
12-16
$1.50
25C
(quar.)
dividend
Chickasha
Cities
Crain
Crane
6
(year-end)
common
Holders
Payable of Rec.
$1.50
_
Edgewater Steel Co., common (monthly)—
Edison Bros. Stores, common (quar.)
4V4% participating preferred (quar.)
12-20
—
25C
Machine
—
5%
8
11-29
15c
Chicago Rock Island & Pacific RR., com.—
Special
5% preferred series A (quar.)
Chicago Towel Go. com. (year-end)—
7% preferred (quar, )_„
"5%
8
12-
12-20
12-
(extra)
com.
new
(quar.)
75c
75C
(quar.)
Extra
5%
12-
12-20
87%c
(quar.)
Ltd
Railroad
Hill
Chicago Rivet &
Stock
12-20
50c
75c
(quar.)—
common
preferred
Chesterville Mines
Chestnut
4%
12-15
5c
——r
Extra
Chiids
8
2%C
(quar.)
Extra
Chile
8
12-
3
75c
Cherry Rivet Co.
Chesebrough Mfg. Co. (quar.)—
'
12-
1-
12-20
3
A
5
(quar.)___
common
Cosden Petroleum Corp., 5% pfd. (accum.;Coty International Corp. (Irreg.)
Courtaulds, Ltd., ordinary (interim;
i
12-22
12-22
45c
1-2-49
12-
Paper Corp.,
Class
12-28
(quar.)
Cornell
50c
Co
Trust
&
Co.,
12-15*
3
12-13
75c
convertible
Wood
Eddy
25c
12-15
2
11-26*
1-
Manufacturing,
1948
When
<
Share
Company
50C
preferred (quar.)
Cornell-Dubilier Electric Corp., common—_
$5.25 preferred A (quar.)__
1
1-
$1.12%
50c
Chapman
Chemical
5%
1
50c
—
$4.50 pfd.
II-22
8
10c
(quar.)
C.
Champion Paper & Fiber,
12-
25c
—
12-15
$1.13
preferred (quar.)
—
Steel
Year-end
12-17
Eaton
25c
(quar.)
Corp
Copperweld
preferred
prior
Cessna
Co.
Cooper-Bessemer Corp., common
$3
prior preferred
(quar.)
Certain-Teed Products—
11-26*
$1
Fibre
Year-end
.
Ribbon
12-15
933Ac
(quar.)
...
Century
4%%
preferred
25c
Wire
25c
(quar.)—.—
Co., common
Extra
2
Per
Same of
Payable of Rec.
50c
Can
35c
Steel &
Century
Share
Monday, December 6,
Holders
When
Per
Same of Company
Continental
Central Ohio Light & Power, com.
CHRONICLE
FINANCIAL
&
Holdert
Payable of Rec.
Share
Central Illinois Securities Corp.—
$1.50 preferred
(accum.)
COMMERCIAL
1
12-10*
11-18
V10
1-10,
12-11
11-19
40c
12-15
12-
1*
35c
12-15
12-
1*
,
Volume 168
Number 4757
THE
Per
Name of Company
General
Share
Precision
pfd.
$6
Georgia-Carolina Brick & Tile
11-19
$1
12-22
12-
$1.50
6% preferred (quar.)
General Steel Castings,
12-10
12-22
12-10
Gibson
Refrigerator
Gillette
Safety
Co.
Razor,
(initial)
(quar.)
12-10
Houston
(quar.)
1-25
12-16
Houston
12-16
Howe
75c
12-
1
25C
1-
3
Hudson
Coal
Alden
—
Co
Extra
B
12-20
12-
12-20
3
11-30
12-20
11-30
12-13
12-
6
12-13
12-
12-13
12-
6
20c
(s-a)
Company—
(cash dividend)
convertible
preferred
Brewing Co.
1-
2%
:
_
56 Vic
(quar.)
(quar.)____^_L_!
1-
6
5%
3
11-26*
3
12-15
12-
12-11
r-i
12-11
11-19
1
Gold & Stock Telegraph Co.
$1.50
1-
3
Goldblatt
I2V2C
1-
3
1-
Goodrich
$5
Co., Ltd.,
(B. F.)
4%
pfd.
(quar.)
3
12-10
12-31
12-10
iianufacturing
Gotham
&
Great
Lakes
'
Ltd.
A preferred
B preferred
$2.50
class
$1.20
class
Great
Terminal
Lakes
Non-cum.
Great
•
U2V4C
12-15
11-15
12-15
11-15
12-15
12-
7%
preferred
Greenfield
50c
Mobile
&
Ohio,
Oil
12-
6
1-
3
12-20
International
Class
A
12-31
12-
2
4y2%
preferred
12-31
12-
2
*30c
12-31
12-
2
30c
12-10
12-
3
40c
12-10
12-
3
$2
12-10
11-10
12-28
3
12-10
$1.75
1-
3
l.s-10
30c
12-
7
11-24
40c
(quar.).
States Utilities,
$6
Co.
Interstate
3- 30-49
3-10
Interstate Department
30-49
6-10
Interstate
2
11-19
1-
New
Year-end
Investment
11-19
12-15
2
11-19
12-
1-
1- ,2
12-8
*50c
1-
2
12-
8
1-
2
12-
8
10%
12-30
/25c
12-20
Hammond
;
-
25c
.—
12-6
1-
2
1-
2
1-
12-15
Chemical
12-10
11-20
1-3-49
12-14
1-3-49
12-14
12-10
11-24
12-13
12-
3
1-20
1-
._
Hart-Carter
5%
Co.,
pfd.
1-
3
12-15
12-23
12-11
12-23
Hazel-Atlas
Hazeltine
Heileman
(quar.)
12-11
Julian
11-24
Kalamazoo
11-30
Kansas
Extra
& Co.,
12-15
12-
5%
(accum.)
40c
1
—a
—
com.
12-11
1-
2
$1.25
12-23
12-11
12-15
12-
30c
3
Chocolate
1-
3
12-17*
12-15
12-
11-15
12-15
11-30
(initial).__
Creamery
40c
1-
3
12-
1
4
,
$4.50
Kearney
Kellogg
11-26
.—
50c
12-20
12-10
50c
12-20
12-10
$3.50
12-20
12-10
25c
12-15
11-29
$1
12-10
11-26
12-31
12-21
25c
1-28-49
1-18
30C
Appliances...
1-15
1- 5
*25c
1-
11-30
12-20
12-10
t6c
Hollinger Consolidated Gold Mines, Ltd.—
Quarterly
2
50C
"
(extra)
12-29
12-
1
Hollingsworth
$4
87y2c
——.
preferred
(quar.)—
—
Oil
Home
Co
Honolulu
Hooker
$4.25
$4.50
—
(Brooklyn,
(quar.)
preferred
2nd
N.
Y.)
1
12-17
1-
—
12-21
12-
12-15
11-10
25c
12-31
12-20
50c
12-17
12-
$2
Corp
Electrochemical
conv.
.
Co.
Mining Co.
Oil
11-26
75c
Title Guaranty
Homestake
$1
12-11
25c
Holophane Company
Home
12-15
1
7
11-24
Co.—
$1.06 »/4
(quar.)
preferred
(initial)
12-30
12-18
82'/2c
12-28
12-28
1212-
2
2
f
11-10
11-26
$1.75
1-
2
12-10
12-
37'/2C
12-13
11-30
37»/2c
12-13
50c
12-13
11-30
87y2c
12-13
11-30
75C
12-15
11-30*
Corp.
12y2c
12-31
12-15
(quar.)
class
Corp.
A
Brothers,
6%
Miami
(quar.)
preferred
RR.
25c
1
(quar.)
11-30
12-31
20c
(year-end)_
12-16
$1.50
1-
12-15
11-30
3
12-20
12-10
11-24
Co.—
12-18
Original
O-lglnal
2-24
Special
capital
Guaranteed
3-10-49
11-22
(quar.)
50c
12-10
11-24
12-20
11-22
Special
Guaranteed
(quar.)
6flc
3-10-49
12-15
11-19
Lockheed
$1
12-15
11-19
Loew's,
capital
$1.10
Aircraft
Inc.
$1.10
Corp
;
12-15
11-19
Loft
25c
12-20
12-
1
Lone
$1.25
12-15
12-
6
Lone Star Gas
Co.
Lorain
Star
Corp
15c
Cement
Corp.
(quar.)
12-22
$1.25
1-
1
12-
7*
Coal
&
Inc.
Addison Mines, Ltd.—«.
6% prior preferred (quar.)
preferred (accum.)
Keystone Pipe & Supply, 5% preferred (s-a)
Keystone Portland Cement Co.—
$7 preferred (accum.)
Kerr
Keyes Fiber,
preferred
(quar.)
62V2c
1-2-49
convertible
preferred
(quar.)
62 V2C
4-1-49
30c
12-31
12-15
12-31
12-15
1-14
12-23
50c
.
MA*
-
12-15
12-
1
Lorillard
(P.)
Co.,
7%
1
Los
(quar.)
Investment;
Angeles
12-10*
Louisville
&
12-15
12-
1
Louisville
Title
12-15
12-
1
*50c
1-15
12-15
12-15
Co.
RR.
(M.)
&
preferred
12-
1
12-
1
Ludlow Manufacturing & Sales____.
Lynchburg & Abingdon Telegraph Co.
12-14
M.
& M.
11-19
11-24
1-
3
11-30
1-
3
11-30
1-
3
11-30
1-3
11-30
1-
3
11-30
50c
12-10
11-19
MacLaren
11-29
11-30
12-14
11-30
$1.50
participating preferred
Participating (irreg.)
5%
Steel
&
Co.
*25c
25c
11-13
11-13
3
12-
25c
12-15
11-26
1-14
Magor
25c
12-20
12-
2-
Mahon
40c
12-10
25c
12-10
11-22
11-22
5
12-
3
_
Extra
1
12-
3
Maltine
12-
1
1
12-31
1212-
1-
1
Car
Corp. (quar.)
(R.
C.)
Co.
(irreg.)
Mallory
(P.
12-10
$1.06y4
1-15-49
25c
12-15
12-
60c
12-15
12-
60c
12-15
12-
1
*25c
1-17
1-
3
(quar.)
12-10
11-SO
Maple
12-10
11-30
Marathon
11-29
Marconi
Extra
Leaf
tions
12-15
$1
Gardens,
Corp.,
Ltd
5%
preferred
International
Co.,
preferred
(M.)
A
&
Extra
(quar.)_____
Marine
Ltd., ordinary
Basket, Inc.,
Marsh
$1.25
a2'/2%
(quar.)
Son
12-10
Martin-Parry
12-11
Massey Harris, Ltd.
(quar.)__
Master
Electric
(quar.)
Asphait
Matachewan
Mathieson
Corp.
11-15
12-19
Mayflower
12-15
12-
1
Maytag
12-15
12-
1
12-10
11-27
McAleer
50c
12-10
11-27
McColl-Frontenac
3
12-15
35c
1-
12-20
*50c
12-
4
2
12-17
12-22
11-30
1-
$i.i2y2
25c
12-22
preferred
Oil
preferred
&
11-30
Meadville
Melchers
participating
2
12-24
Mercantile
1
11-24
$2.50
12-30
Merchants Refrigerating
Class B
&
Stores,
common
Company,
12-10
Messenger
1-
3«
12-10
Messer
$1.12 y2
1-
3
12-10
$1
1-
3
12-10
King-Seeley Corp.,
25c
1-
3
12-15
Kingsport
20c
12-31
12-
10c
12-15
11-24
25c
12-27
12-10
$1.50
12-15
12-
50c
12-10
3
(increased
quar.)_
1
11-30
1
12-
1
12-15
11-15
62'/2c
*$1.00V2
(quar.)
11-
12-
1
1-15-49
1-
3
1
12-
1
15c
12-15
62»/2c
1- 2
12-31
11-30
12-15
11-22
25c
12- 9
12-
3
12-
12-
3
75c
12-15
9
1- 3
12-10
1-
3
12-10
1- 3
12-10
1-13
12-10
12-24
25c
15c
Co.
(quar.)
62Vic
—___„—
Corp.
Thermit
12-22*
3
1-
25c 2-15-49
Corp.
preferred
12-30
12-15
75c
Corp.
Metal Forming
fz
1- 3
60c
Machine
12-15
12-15
25c
(quar.)
Extra
7%
12-
87'/2c
(quar.)
Extra
Metal
12-15
25c
(quar.)
com.
3
Mesta
25c
*30c
(s-a)_
(quar.)__
Co., class A
Meredith
Oil
1
12-
11-22
$1
Extra
preferred
1
12-23
12-15
25c
preferred
1-
12-
•
$1.75
1
Ltd.—
$1.50
25c
12-
60c
(quar.)
Dredging
(quar.)___
Telephone Co., 5% preferred (s-a)
Distillers,
$5.50
35c
12-
11-15
*25c
common
McWilliams
11-30
3
12-15
12-23
12y2c
(quar.)
Ltd.,
Co.,
Corporation, $2.50 preferred (quar.)
Porcupine Mines, Ltd. (extra)
11-30
Merck
11-24
12-10
1
Robbins, common
preferred
(quar.)
6%
12-20
11-20
12-10
30c-
*
Mclntyre
12-10
11-30
1- 5
12-15
25c
12-10
12-30
12-11
50c
;_
(quar.)
Mfg. Co., 5%
5c
*3c
1- 3
*2y2c
Ltd
(year-end)
Extra
$4
12-20
12-11
10c
Mines,
Corp., -com.
Corp.__
Company
McCord
12-20
12-22
60c
(quar.)
Hotel
McKesson
2
*25c
Corp.___
Consolidated
Chemical
2
7%
1-
15c
Co.
12-22
1-
10-29
1- 2
40c
:
12-11
2
12- 6
60c
3
1-
1
12-20
25c
3
11-30
4
3
1-
20c
(quar.)
1-
12-15
l-'3
Communica¬
(interim)
common
1-
1-31-49
3
11-30
25c
Mangel Stores Corp. (quar.)
Mapes Consolidated Mfg. Co.
2
'
7
Company—
(quar.)
80c
4
Co
preferred
12-
12-
&
convertible
12-15
1
R.)
(The)
4y4%
$2.25
1-
11-6
6
1-
9
»'
11-30
3
1-
1-
1-
12-
12*20
12-15
12-
12-20
12-15
'12-20
;
12- 6
:
1-
5% conv. pfd. (quar.)__
Inc. (quar.)
Kingston Products Corp. (s-a)
Kinney (G. R.) Co., Inc., common,
Kinney Mfg. Co., $6 non-cum preferred
Kirby Petroleum Co. (year-end)
(extra)
■
50c
1
15c
12-20
12Vic
5
4
10-11
i
25c <*' 1-2-49:!,r
i
*$1.25
Paper
__v_i
1-
1-
"1-2-49
4
(R. H.) &.Co
Magma Copper Co
2-
12-15
1-2-49
12-
12-10
25c
75c
(irreg.)*
(quar.)
Power
Extra
20c
$1
10-11
Co., Ltd.—■
Macy
87y2C
35C
12-10
■
Structural
preferred
2-
65c
12-15
VaC
«
Mackinnon
$1
$1.25
1
1-3-49
Vhc
(s-a)
Macwhyte Company (quar.)
12-15
12-15
12-15
$3
.
12-10
1-15
65c
;
11-26
Press,
11-30
12-20
Common
12-10
(quar.)
12-15
1-1-49
Mac^adden Publications
$4
(quar.).
30c
(s-a)_
Extra
12-15
12-14
11-30
*25c
Consolidated
12-10
12-31
12-15
$1.06
(quar.)
Lowney (Walter M.), Ltd
J. & M.
1211-
Sons—
A
11-30
20c
12-
12-15
12-13
15c
12-15
95c
12-15
$2
2
88c
■_
4(4 %
Publishing Co.
Mergenthaler Linotype
preferred
12-.
(quar,
Extra
Lowpnstein
$3.50
(quar.)_—_
J 2-23
(quar.)
(s-a)
Mortgage
12-
common
12-
$4
Nashville
11-29
Mill
12-23
Extra
12-15
2
12-
50c
preferred
12-
1-
12-23
_W_—
12-20
3-20
25c
$1.75
Extra
12-15
12-15
(quar.)
common
12-15
2nd
12-20
convertible
12-15
preferred
11-26
5%
$7
conv.
12-10
5%
6
25c
Wire—
quar.)
(initial
(quar.)
Kimberly-Clark Corp.,
12-10
12-23
12-13
12-
15c
(quar.)
—
common
12-23
25c
^
12-10
$1.75
»;
Keystone Steel &
87 V2C
"
(quar.)
12-20
25c
—
3
12-15
6
5c
20c
—
quarterly
Canada, Ltd. (quar.)
$4.50 preferred (quar.)_
Copper
__X
Organization,
1-
$1
25c
(quar.)
of
__v
12-
12-10
Dock—
Candy
25c
& Company
12-30
12-31
Year-end
$1.12 y2
(quar)_
2-24
50c
37V2c
____,
(quar.)
Mastic
t
Year-end
4%
-:
12-30
10%
Extra
4Vi%
•
12-10
12-10
12-20
12»/2c
Company,
Kennecott
Kilburn
12-10
$1
Gas—
(quar.)
Increased
New
& Whitney Co,—
(year-end)
Natural
common
$6
Ltd.—
3
(Washington, D. C.)—
$1.75
& Trecker_
Company, common—
Kelvinator
Kendall
12rlO
1-
11-30
$1.50
common
Extra
Kent-Moore
Monthly
Common
Lit
$1
Company
(Julius)
12-
25c
Co.,
preferred
Kawneer
———
Quarterly
7
Little
1
3
12-15
convertible preferred
Market
dividend
Drug
11-30
Monthly
Co.
Stock
12-15
Heywood-Wakefield Co., common
Hibbard, Spencer, Bartlett & Co.—
Manufacturing
Kansas-Nebraska
12-22
Hinde & Dauch Paper Co. of Canada,
12-
12-31
Katz
12-
1-
12-15
Co.
3
40c
12-22
:
(quar.)
preferred (quar.)
preferred (quar.)
50c
8
Oil
1-
12-31
$1.20
—
preferred (s-a)
Hewitt-Robins, Inc.
(quar.)
Lion
Lipe Rollway
1-15
'
11-26
12-15
(quar.)__^
(quar.)_____
Liquidometer
$1
7%
12-31
.,$1.25
t.
preferred
7'
4%
Kansas Gas & Electric,
34 %c
(quar.)
prior
12-
75c
____.
Vegetable Parchment Co.
City Southern Ry., com. (resumed).
preferred (quar.)—___,—__!—.—__
Kayser
60c
Kokenge__
preferred
12-4
Extra
Safety
&
12-23
Corp. (extra)
Co. com. (quar.)
7%
-7%
12-15
11-30
$6
11-24
1-31
12-10
183/4c
(quar.)
6% participating preferred
Participating
3
12-15
12-23
12-15
30c
Common
1-
$1
3
1-
12-15
Powder
Hershey
Hershey
1-15-49
Kansas
12-11
25c
'
Co., 5Vz% pfd.
(year-end)
Hercules
Highway
2
25c
—
Hendry (C. J.)
1-
50c
new
12-15
City Public Service Co.—
.
12- 1
18c
Service Corp.
80c
____
12-23
——
Brewing..
W.)
10-30
50c
Joslyn Mfg. & Supply Co., com. (quar.)____
4y2% preferred-(s-a)__—
Joy Manufacturing Co. (increased quar.)___
12-10
75c
——
Co
(G)
(G.
.__—
12-17
________
Corp.
Mining
preferred A (quar.)__
4% 2nd preferred B
Johnson
Oil
Refining
Jones & Laughlin Steel, common (increased)
5%
preferred A
(quar.)
Joseph & Feiss Co. (quar.)____
12-11
$1
2nd issue
$4 pfd. (quar.).;
preferred (quar.)
Glass
(quar.)—
non-cum.
Hobart
12-15
UOc
Hartman Tobacco,
—
2nd
15c
.
——
_____—
$1.25
Ltd
Co.,
Extra
(year-endH
i7y2c
_
Extra
Helme
3
120c
Battery
Corp.
6
1-
65c
.
—
(quar.)
12-31
1-15-49
30c
25c
15c
(quar.)
Co.
(quar.)
11-20
(quar.)
5% preferred 2nd issue (quar.)
Harrlsburg Railway Co. (s-a)
Haishaw
preferred
12-10
$3
11-30
12-13
$2%
(increased)_^_i_.
xP/4%
(quar.)__—
common
50c
25c
12-14
12-23
12-15
I2y2c
of
$1.25
Supply,
Johnson & Johnson, com. (increased quar.)
•
.
12-17
11-29
5c
(quar.)
-
11-25"
50c
Lincoln
11-30
11*? 8
25c
(quar.)
Xl'/4%
Johns-Manville
1—
Y.)
Corp.
12-17
3
1
40c
*7c
1
12-15
*20c
Wholesale^ Co.
Water
11-23
4%
7
12-22
-12-22
*25c
xiy4%
$1.12 y2
'
7*
35c
*25c
.__
11-23
?10c
Harrison
Jamaica
$5
12-
$2
(year-end)______
xt$1.75
(quar.)
(quar.)____,
(quar.)
2
$1.50
—
B
preferred C
preferred D
5%
50c
12 Vic
45c
12-15
6%
preferred (quar.)
Harding Carpets, Ltd—
Extra
A
preferred
12-15
11-20.
12- 6 *
5
12-17
$3.50-
(quar.)___.
Lima-Hamilton
1-
20c
(quar.)
12-15
(quar.).
com.
1-
12-17
12-10
25c
(increased)
Ltd., com.
(quar.)
_____
preferred
'
12-
12-
25c
37'/2c
i—
Public Service,
7%
5%
12-15
,
93 %c
(quar.)
common
(quar.)___—
Jaeger Machine Co.
Refractories—
Corp.
Service,
preferred
$1.06 Va
Company (year-end)
Harnischfeger
Public
$1
$1
Co.
11-23*
3
1-
*75c 1-15-49
(interim)
com.
(quar.)
pfd. (quar.)_
Irving. Trust Co. (quar.)—11__
Island Mountain Mines, Ltd.
.1—,____
.1
12-, 1
$1
37y2c
11-24
15c
eoc
Ltd.,
preferred
Jamaica
6
12-15
•
Virginia______
Liggett & Myers Tobacco, 1% pfd. (quar.)_
Lily-Tulip Cup Corp. (increased quar.)
$1
Irving (John) Shoe Co., 6%
-<12-10
11-26
$1
(quar.)
.common
Co.
15c
—
12-16
7.12-
(N.
preferred
12-27
50c
25c
(quar.)
(quar.)
(quar.)
Instrument
Hanna (M. A.)
Harbison-Walker
(quar.)_____.
(quar.)_
Foundation,
convertible
3.75%
8
12-13
Quarterly,.
"
(quar.)—
preferred
Iowa
11-25"
40c
(quar.)
40c
'•'7-%
1-15
12-20
(quar.)
preferred
%
Stores
Mills
Corp.
11-19
6%
12-15
$1.25
(interim)
Co
12-20
*30c
——_
4>/2%
1-28
43 %c
Gas., Inc.__.—
Power
3
1-
...
common
12-10
"
30o
<
com.
Interstate Natural
12-15
$1.10
25c
Co.,
Hosiery
12-22
30c
quar.)
—
Watch
prior
—
pfd., (quar.)
(The),
preferred (quar.)
12-10
$1.50
(quar.)
7%
Company
12-28
Paper Co. (old common).——
common
(initial).—
Hecla
(year-end)
12-17
Hammermill
$3
Co.
3
6
Co.
$1
& Machine___
25C
■
International Salt
5%
$1
Life & Casualty Insurance* Co. of Tepn.—■
20c
;
Co.,
37y2C
preferred
12-15
Salt
$1
(quar.)____
International Railways of Central America—
5% preferred (accum.)
Silver
Halliburton Oil Well Cementing Co.—
convertible preferred
1-15
Corp.
Staple
__________
Hart
(quar.)
Products
International
*20c
4
preferred
International
Intertype
Corporation (stock dividend)
(W. F.) Printing Co. (quar.)
Hamilton
11-30
_____
Interstate
Hajoca
Extra
12-14
(quar.)____
International
75c
$1 preferred (s-a)„—.—■—
4%
Paper, common
$1.25
(increased
common
Liberty Loan Corp.,
50c
11-26
1-
12-10
12-15
t40c
Canada, Ltd
11-15
*20c
4%
International
$4
-12-10
12-20
$1
140c
of
11-15
Brass
Haloid Company,
Liberty Fabrics
12-
.
Co.
$1.25
—
preferred
(quar.)
Co., Ltd.,' common..——
$4.40
11-30
12-21
$1
(quar.)
Nickel
12-20
$1.25
—
(quar.)
com.
12-10
$1
(increased quar.)___
preferred
International
12-20
—_
pfd,
20c
Corp.—
12-20
(quar.)
held)—
shares
Power
Hall
4%
Chemical
75C
$1.25
(cash dividend)
Gulf
Hahn
Common
Minerals &
12-28
50c
(s-a)_.
Brothers, Ltd
Libbey-Owens-Ford Glass
t$1.12y2
$1.50
——
year-end stock dividend (One shr.
of Texas Gulf Sulphur common for each
65
International
11-30
1-
$75c
Special
Gulf
Leslie
Ltd.—
(quar.)
12-10
Lewis
75c
5
12-23
12-20
37'/2c
Products
12-16
_
Year-end
preferred
ATFink
11-30
3
1-
7
3
Leightpn Industries, Inc., class A (year-end)
Refineries, Inc
*40c
Industries,
(quar.)
12-
62>/2c
Leonard
11-22
30c
Metal
11-18
11-19
11-15
12-15
—.—*___—rasi:
1-12
Machinery
Publishing Co.—
$3.50
preferred
(accum.)
International Harvester Co., common (quar.)
12-15
(s-a)
(quar.)
Extra
Educational
12-24
11-19
12-15
;
10c
Lehigh Coal & Navigation
Lehigh & Wilkes-Barre Corp.' (quar.)
12-10
Cigar
International
12-15
x
Corp.
12-10
,
12>/2c
International
Company
Realty Corp
10c
■/
37'/2c,
Special
1
1
10c
preferred
$5
Gulf
12-
12-10
*5c
*l8c
;
D.)
Life "Insurance
(quar.)__.
12-15
»
—
*37 Vic
Extra
preferred
$5
12-13
15c
75C
,
$5
12-13
$1
11-25
32>/2c
—,
preferred
12-15
12-15
3
Special
1
Co., Ltd.—
$5
Sugar,
11-16
12-20
5%
Co.
ia-31
(s-a)
Cement
90c
$1
Guantanamo
12-31
3
(quar.)
Cellucotton
12-
Extra
Gulf
12-15
dividend
*62>/2C
(yCar-cnd).———,
Lee
1-
Stock * dividend
International
12-15
Tap & Die
Corp.
10- 6
1-
(year-end)
(quar.)
Machines—
12-15
Corp. (quar.)
Griesedieck Western Brewery (quar.)
Griunell
8
Powders, Ltd.—
preferred
Business
10c
(quar.)
(quar.)
Lawrence Portland
$1.25
(year-end)
Bronze
*25c
(increased)..
Saddlery
Co.
Iron
20c
(quar.)___
(A. C.) Leather
12-11
12-
75c
Copper
12-22
Co.
(extra)
Co., (year-end)
2
12-20
5%
Consolidated
12-
Bleachei-y 3c Dye Works
(H.
11-19
12-20
30c
1-
$1.06 y4
(quar.)
Corp. quar.)
t40c
Co.
1
Lehn
i
B
Rayon
partic.
Cash
11-15
12-15
com
(quar.)
12-15
25c
dividend
Stock
Co.
11-10
12-10
12-28
Machine
Lefcourt
Special
2nd preferred (quar.)
Western Sugar Co., common
6%
Great
Industrial
Co.—
Ry.
preferred
Sessions
12-17
12-10
$1.121/a
(quar.)
Year-end
Extra
(quar.)
preferred A
4'/4%
&
Lanett
1
25c
5%
Warehouse
preferred
West
,5%
Lamson
12-
1
12-17
1-2-49
$1
preferred A
Lane-Wells
(quar.)_.
1-2-49
(extra)
Landers, Frary & Clark (quar.)_^.
3%
Louis)
Co.
4V2%
12-30
2-
$2
International
_
Northern
(St.
&
Industries, 4% pfd, (quar.)
Lake Dufault Mines, Ltd
Lake Shore Mines, Ltd. (quar.)
Lakeside Laboratories, Inc.
(initial)
Lawrence
12-10
$2.50
Extra
Great
Leasehold
H.)
Mfg.,
12-20
(interim)
50c
$1
12-30
guaranteed (s-a)_
Chemical Industries—
4
50c
12-
lines 4%
12-
,
12-15
$i
12-31
(quar.)_
Y.)
(N.
12-15
Indianapolis Water—
6%
(year-end)
Indemnity
3
(S.
Landis
$1.25
•
Paper,
11-12
1-
*25c
International
Inc.—
dividend)
(stock
American
11-12
11-10
Extra
•
Gray Drug Stores, Inc.
Common
12-13
12-13
(year-end)
1
12-14
(quar.)____
$1.25
(quar.)
12-
La France
Corp.—
Interlake
——
Great
12-24
12-10
(s-a)
12-10
^
35c
11-15
(extra)
—
class A (quar.)„—___
Varnish
Steel
(year-end)
Grayson Robinson,
Kroehler
*$1.25
11-15
Co., Ltd.,
Grand Rapids
Granite
City
Kress
I$1
12-15
Hosiery Co.
Grafton
12-10
11-30
1-10
tlOc
Income
Rubber
12-22
50c
12-28
*$i
preferred B
B.)
Extra
12-10
$1.25
&
12-15
tl2,/ac
Co.
11-20
!
Company
Common
(increased
quar.)
4% preferred (quar.)
Kresge (S. S.) Co. (quar.)
$1
a.
*12-14
10c
(quar.)
Koppers Company,
50c
Inspiration
U2y2c
Gorham
12-10
preferred
(quar.)
Emil)
25C
$1
(quar.)
crass A
12-31*
(quar.);
12-17
:_
Gordon Mackay Stores, Ltd.,
Class B (quar.)„—_i_
12-31*
1-15
preferred
(D.
'
Goodyear Tire & Rubber Co. of Canada—
Reduced
1-15
55c
12-10
„
12-17
50c
(increased)
*50c
Goodyear Tire k Rubber, common (quar.)
$5 convertible preferred (quar.)
3
'
933/4C
3
12-31 v
1-
1-
56>/4c
_
Industrial Wire Cloth Products Corp. (quar.)
Extra
___;
$1.25
1
9
Imperial Tobacco Co. of Canada, Ltd.—
12-13
.12-31
(quarj—.——
12-
12-
3-23
12r24
25c
Creamery Co., common
Inc.—
12-10
Company,, $1.50
$1.50
1
12-23
Motors
Ordinary shares
12-15
$1
*5C
..
—
Company, common-.—...
preferred
»
,.
•••:"
$1
$1.50
____
Golden State
Knudson
3
50c
(Texas)
Co.
Oil
Leased
12-10
Golden
(I.
1-
Kirsch
Illinois Central RR.—
11-19
20c
(quar.)_'__——
Inc._____———_1—
Manitou Mines,
Ltd.—
Kleinert
11-24*
20c
Bros.,
12-
__
(quar.)
common
Power
Hygrade Food Products
11-24*
3
5c
Extra
Klein
(quar.)
Corp.,
'
(quar.)
8
12-20
Bay Mining & Smelting (quar.)
Imperial
1-
40c
12-
12-30
ti2yac
4-1-49
25c
12-20
75c
(year-end)
com.
Hydro-Electric Securities
12-23
(increased quar.)
dividend
Globe Knitting Works
12-
12-31
.
Common
Stock
12-13
$1.50
i
(quar.)__
Refining Co
"Huron & Erie Mortgage (quar.)
Hussman
Refrigerator (extra)
Huttig Sash & Door Co., 5% pfd.
6
20c
—
preferred
4Vi%
Humble
3
20c
(quar.)
Extra
Goebel
Extra
11-30
20C
class A
Distilleries,
Extra
Glidden
12- 3
12-14
50c
—
.__
Glenmore
Class
12-
12-15
50c
(quar.)
12-15
50c
(quar.)__—
Co.
A
When
Holder§
Payable of Rec,
1-2-49
37Vic
8
(quar.)
&
Electric
25c
(quar.)
Co.
Oil
3ound
Howell
Per
37y2c
Company
12-
*
5
$1.25
pfd.
Finance
Light
class
53
Share
,
Name of
12-20
(year-end)
Corp.
preferred
12-27
.___—,
Co.
conv.
3 3/4 %
$1
Corp.
Gloaner Harvester
6%
$2.25
1
15c
Extra
Gisholt Machine
Glen
Statler
Household
12-15
12-
,
(quar.)
Houdaille-Hershey
62y2C
■
preferred
Girdler
(The)
Hotels
12-30
_
,
common
Extra
$5
1
12-20
Holders
Payable of Rec.
25c
$i.i2ya
(quar.)
Ltd.,
•
W.),
1
11-24
$1
__
(2369)
'
30c
preferred
(Frank
12-
12-10
$1.12'/2
___
Co.
4'/2 %
Horner
When
Share
(quar.)
common
Extra
12-
25c
(increased)
common
2
Company,
12-10
$1
____
CHRONICLE
Per
Hoover
12-10
50c
(quar.)
Extra
414%
preferred (quar.)
Germantown Fire Insurance
1-
$3
(accum.)
FINANCIAL
.
Name of Company
12- 2
2
(year-end)
&
Holdert
Payable of Rnc.
25c
Equipment
General Railway Signal Co. com.
Gerber Products,
When
COMMERCIAL
(increased)__
Corp.,
common
(quar.)
Metropolitan Building Co.
:—
(quar.)
(quar.)
—
3
2-
5
11-30
12-10
11-30
1-
3
12-16
$1
12-15
12-1
15c
12-20
12-
9
35c
12-10
12-
1
12-22
12-10
12-20
12-1X
$1.75
1
12-
12-10
30c
•
Monday, December 6, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2370)
54
-L
When
Per
Name
97 tec
preferred (initial quar.)
Metropolitan Paving Brick Co
Michigan Public Service Co. (auar.)_.
Mickelberry's Food Products, common
$2.40
preferred
(quar.)
.
--Middle States Petroleum, class B (year-end)
Class
A
year-end)
—
Midland Oil Corp.. $1 conv. pfd. (quar.)—Midwest Od Co., common (s-a)_—
4.35%
preferred
.*8%
2
12-
3
1-
2
12-
3
12-20
20c
1
11-15
7%
11-15
Neisner
1-3-49
12-10
—
(quar.)
60c
12-22
11-27*
Nelson
12-22
11-27*
Nestle-Le
25c
12-15
12-
1
$2
—
11-15
New
12-15
11-15
New
12-15
11-15
New
12-15
11-15
New
1-2-49
12-20
New
Haven
Water
1-2-49
12-20
New
Jersey
Power & Light,
.4-2-49
3-20
New
37 tec
6-20
Special
9-20
Year-end
25c
1-2-49
12-20
New
Park
25c
4-2-49
3-20
New
York Air Brake Co.
25C
7-2-49
6-20
New
25C
10-2-49
9-20
N.
—
1-
3
12-20
50c
(year-end)
11-24
New
12-20
6
RR., 4% pfd
Manufacturing Co. (quar.)_
Auction
.
12-11
11-20
Newraont
Stock
(J.
Mining
11-20
11-20
Mining
&
12-18
12-
1
each
25
shares
12-15
11-15
paid
in
cash
12-15
11-15
12-
1
12-11
12-
2
12-
9
11-20
1-10
50 c
$1
12-31
dividend
share.
1—
Yoar-end
1-
7
12-31
Niagara
1-
2
12-15
Niles-Bement-Pond
12-20
11-27
Nineteen Hundred
12 tec
12-20
12-10
Share
11-30
Noma
Electric
(quar.)..
:
$3.50 pfd. (quar.)—_
Montana Flour Mills, common (quar.)
3
11-30
Nopco
Chemical
87tec
1- 2
12-15
Noranda
80c
12-10
7%
(final)
preferred
7%
Norfolk
Southern
1
Norfolk
&
1
*43c
12-15
11-15
43c
12-31
(quar.)
issue being
entire
Increased
quarterly
1- 2
t30c
3
3
2
12-
12-16
12-
t$1.50
12-16
12-
1-
1st
Extra
——
t75C
3
Corp.,
Finance
1-
3
12-
North
Refractories
American
25c
3
12-
North Central Texas Oil Co.
1-
3
12-
North
1-
3
12-
Northern
37 tec
12-15
12-
$2
12-15
11-30
25c
12-10
11-26
40c
—
1-
t$1.75
12-10
—
7%
preferred (quar.).
preferred A (quar.)..
preferred B (<*uar.—
Moore-McCormack Lines (quar.)
7%
—
(J. P.)
& Company
Morris Paper Mills, common (quar.)
Morgan
4%%
preferred
.....
Motor
Wheel Corp. tquar.)—
SpecialMountain
Mountain
Extra
'
11-17
25C
12-20
12-
6
25 c
12-20
12-
0
11-30
30c
12-27
12-13
Ohio
12-17
12-
2
Ohio
75c
12-17
12-
Co.
„——■
8%
Telephone
Co.
preferred
A
Biscuit
Co.,
12-24
Olin
12-24
12-15
11-26
National
Breweries, Ltd.,
preferred (quar.).
Stock
New
Register
...
dividend
—:
...—
City Lines, common
$4 preferred A (quar.) —*
Common < cash
dividend)
Otter
Filters,
class
Pacific
1-
3
12-10
Power
3
Stock dividend (Two shares of
each
100
share"
Dairy
Discount
5%
Products
Mills
Portland
Packer
Corporation
12-
6
Pacolet
Mfg.
12-15
Panhandle
12-15
preferred
National
Erie
Corp.
3%
non-cum.
5%
non-cum.
1st
National
Fire
Quarterly
National
preferred
Co.
_
4%
Products
(s-a).-—.
5%
Penick
11-19
Peninsular
12-10
11-30
11-30
$1,25
12-10
11-30
12-15
12-
0
12-18
12-
fi
Gas
National
Gypsum
National
&
Electric
Co.
Rhodesian
1-
12-15
Rice
Hosiery Mills, Ltd.,
Class B
class A
(increased quar.)
Lead Co.,
common
National
(quar.)
6%
5%
Linen
common
National
Lock Co,
Malleable
3
12-
3
12-20
25c
12-20
12-
12-15
11-22
.2-
(quar.)
Steel
(N.
Y. )._
Ltd.
Pipe
Ltd.
1-14
1-
5
Line
dividend)
12-
3*
12-20
12-<
1
12-22
12-10
_________
3*
11-19
;
(quar.)_
1-
87tec
common-.^
12-1$
1
1-15
4te %
Paul,
Robertson
of
(Cbas.)
&
Phelps Dodge Corp.
Corp.
5%
5%
preferred
3
5%
prior preferred
12-15
12-
3
Roeser
12-15
12-
1
Rolland
1
Rome
12-
12-10
40c
1-
preferred
&
1
12-10
Roos
12-10
Rotary
1-
3
12-10
J-
12-10
12-15
11-30
Rowe
50c
12-27
12-
8
Royalties
1-15
12-22
Ruberoid
12-
7
12-15
12-
7
Ruud
12-
1
$1.12y2
1-1
30c
12-10
12-10
Stock
Sabine
12-10
-.
11-12
11-12
11-20
(quar.)_,
50c
12-
9
11-26
75c
—
12-
9
11-26
12-31
12-15
87tec
(quar.)
4'/4%
:
Safway Steel
12-15
12-15
Philadelphia
1-15
12-15
12-14
11-30
Philadelphia Company, $5 preferred
*6
preferred (quar.)
$1
12-14
11-30
Philadelphia
10%
12-17
11-30
Extra
Bourse
Electric
preferred
Co.,
(quar.)
com.
(quar.)_
(quar.)
Inc.
(quar.)
Products
Co.
(extra) 1
St.
Louis
Public
Service class A
Louis
Rocky
Mountains
12-11
1 r-97
25c
12-31
11-22
3
12-
1
12-
1
8t.
,
Louis
5%
San
12-10
12-
A
12-15
12-29
12-15
12-20
12-
12-15
8
6
11-22
12-10
11-18
12-22
12- 3
12-22
12-
3
12-
I
12-11
1-3-49
12-10
12-15
11-30
12-15
11-30
62'tec
12-23
12-
25c
12-20
1.2-10
1-
1
3
12-1U
1-1-49
12- 8
12-10
11-19
12tec
12-15
12-
1
50e
12-15
12-
1*
$1.25
(quar.)
12-15
t$1.06
$1
& Pacific Co
Francisco Ry.—
preferred
12-20
25c
pfd, (quar.)
(increased)—
St.
1-3
50c
$1.25
11-26
1-
T~—-
(quar.)__
11-19
gnc
7
37'tec
ri
50C
(quar.)
com.
12-13
$1.50
7
12-
3
25c
12-10
$1.25
*
12-
1-
$1.12te
pfd. (quar.)
(Conn.)
(quar.)
12-10
11-26
12-27
10%
Co
$1
12-15
3
1
15c
.
5c
$1
3
1-15
12-
20c
Saguenay Power Co., Ltd.. 4Vn%
Lead
12-10
2
$1.50
(year-end)
Corp.
preferred
12-15
1-
12-15
12tec
Safety Car Heating & Lighting Co. (year-end)
Stores,
J 2-15
50c
4te%
Co.
Royalty
12-15
1-1-49
t$1.06'/4
•
(quar.)_
Mfg.
1-1-49
50c
(quar.)
(year-end)__;T
(Jacob)
Joseph
J
1-1-49
30c
$1
1-
1-
pfd.
Management
St.
IL-19
6
$1.25
dividend;-
Safeway
J?r
12-
$1.25
(quar.)
Manufacturing
Russell
12-10
10%
Company
Ruppert
11-22
$1.25
Steel
Rothmoor Corp.
12-15
4
11-22
25c
(quar.)
Inc.
3
12-21
4
12-10
20c
dividend
25c
4
1212-
50c
(quar.)__
Electric
Corp.
12-
12-15
(quar.)
(quar.)
Inc.-(year-end)
common
Brothers,
Stock
12-15
'12-15
Co.
Co., Ltd.,
pfd.
conv.
25c
37'tec
(quar.)
A (quar.)_
Pendleton,
Paper
Cable
4%
1-1
12-11
;-*_'.*
(quar.)
7
$1.50
(quar.)__
11-17
Company—
12-
20c
common
&
12-
5%
u
preferred
Company
11-18
35c
Co.,
Extra
5
12-22
8'tec
Manufacturing
60c
Co
4
12-
•.
H.)
Ages
Rockwell
$ 1.12te
(quar.)
Brewing
(H.
Rockwood
30c
Inc.
12-
12-15
12-10
Participating
30c
(quar.)
12-20
t$l
B_
& Myers, Inc., common (initial)
participating preferred (quar.)
$1.50
12-15
$1.25
Year-end
$1
Robbins
joc
(quar.)
class
shares
American
50c
(quar.)
Ltd..
Copper Mines, Ltd.—
12-21
12-15
1
12'teC
Mills,
12-13
12-20
1
5c
T-_T
Silk
Antelope
11-26
40c
?
*
Extra
50c
,
10c
—__
25c
(quar.)
preferred
Paper
50c
*
12-
4
—
Raisin
1
8
12-14
50c
12-
11-30
%-
11-25
12-20
12-17
12-15
e
11-15
1
1-49
11-30
12-
12-
1-
11-26
7
12-14
12-15
25c 2-15-49
12-10
1
112-
2c
Company ____________—
Co. (quar.)
Riverside
12-14
1-
12-15
45%
—
12-15
Roan
11-30
Ltd
11-15
3
12-15
12-lb
12-
12-
12-
12-10
I
12-15
12-16
12-15
11-22
1
12-10
11-20
12-15
11.-22
■
50c
12-24
12-28
Trust,
Oil
12-15
30c
common
11-22
12-21
1-
3
Riegel Paper Corp. (quar.)
30c
Riley Stoker Corp. (irreg:)*'20c
Rio
Grande
Valley Gas * (year-end)
2c
50c
Co.,
12-21
25c
Co
Oil
Richardson
1-2-49
02tec
——
(s-a)_
Selection
Ranch
Rock
Y.)
1-15
...
River
Telephone Co.—
Comnany
Milk
3te%
7
12-15;
20c
Extra
Pfeiffer
12-
2
70c
(N.
fquar.)_____
_
Richfield
t20c
(year-end)
Exchange Bank
common
-
2V2C
i.
common
Pennsylvania Salt Mfg. Co._i.__
:
Peoples Drug Stores (increased quar.)______
Peoples Gas Light & Coke
Peter
1
12-1
t35c
Ltd.,
Corp.,
dividend,
4%
6% prior preferred A (quar.)
—$1.50
Reynolds (R. J.) Tobacco Gc>—
*
:*
3.60%
preferred (quai.b___^_—
90c
J>' 4.50%
preferred
(initial)—:u.™*_™
96c
Rheem Manufacturing Co.; common (quar.):"j 40c
5c
—
Pet
Steel
Stock
$1
$1
$37 tec
—__
75c
—
preferred
Republic
50c
$1
(quar.)
(quar.)..
Year-end
(quar.)
(quar.)
(quar.)____
w-
Permutit
1
.
-
4te%
1-
Co.—
(quar.)
preferred
(quar.)
Pennroad Corp.
(yeav-end)
Pennsylvania Coal & Coke____
Pennsylvania-Dixie Cement Corp. (quar.)
Extra
___i._-_T._-.-'
Pennsylvania
Engineering Corp.____„___
Extra
12-
12-15
$45c
Pictures
Ford, Ltd.
3
1- 2
12-10
$2.50
(s-a)__-_„
$1
Pfizer
12-18
*25c
National Steel Corp.
&
12-15
$37,
(year-end)
12-
2
$2
50c
(quar.)
Corp.,
preferred
12-15
25c
....
dividend
12-15
1-3-49
15c
National Safety Bank & Trust Co.
Co.
12-16
1-3-49
$1.10
Co
Car
1-3-49
Co.-—
Machinery
National Standard
1-10
15c
25c
Castings
...
Radiator
Rubber
1
3
$1.25
(quar.)...
&
,12- 3
20
_____
Year-End
National
National
Stock
3
12-
2
$1.12te
(quar.)
(quar.)
National
«
each
preferred
Special
12-
1-
$1.50
for
(quar.)
Service,
preferred
National Steel
1-2-49
$1.75
share
(one
A
preferred B (quar.)...
4%%
6
...
preferred
National
3
12-
12-20
dividend
held)
7%
12-
25c
.
____
Stock
11-29
12-16
ti5c
(quar.)
Extra
•'/10c
Pennsylvania Glass Sand Corp., com. (quar.)
5% preferred (quar.).
:
Pennsylvania Power & Light, common
12-10
Inc.,
Rand,
Petroleum
12-15
Pennsylvania
12-15
?*
12-
12-15
9
12-15
11-29
50c
...
12-
2
"
50c
2-1-49
1-2
12-15
30e
_______
2
25c
25e
(s-a)_——
15c
1- 3
3
J 30c
Co
(year-end)—.
(Phila.)
9
12-15
'
12-10
20c
National
1-
'1-
;.
_________
Co.
12*
15c
(s-a)
Common
12-10
1-
11-29
12-
50c
Co.
(quar.)—
Transportation (quar. )^
12-10
80c
2
1-3-49
11-24
Manufacturing Co.,
preferred (quar.)
30c
50c
1-
1-3-49
12-15
preferred
Paton
11-
_______
12-11
25c
50c
preferred
5%
(cash
'
$1
Tubes,
preferred
12-10
.
Food
2
$1.12te
11-30
(extra).
Eastern
Common
7%
;
12-11
1-
$1.18%
(quar.)_____
A
11-29
2
12-21
(quar.)
(quar.)
Park Chemical Co., common
—
4%% pfd.
Inc. (quar.)
11-29
1-
preferred (quar,)__^
Republic Investors Fund, Inc.*
; - v :
>
6% preferred A (quar.)-___-_______r_____
,."6% preferred B (quar.)*.
12-10
12-15
$2.50
(Hartford)
12-15
*
$1.25
$4.50
37tec
Paramount
preferred
Insurance
12-10
common
11-30
,
2nd
12-20
12-15
40c
iquar.)________
A
Mfg. Co. (111.)—
convertible preferred
Remington
12-15
11-27
$1.50
T._
12-10
12-21
12-21
15c
(quar.)__
common
'
1
12-15
45c
(quar.
12-31
(quar.)—$1.75
Insurance
1-
12-15
(quar,).
Mills,
preferred
Bros.,
12-20
12 tec
8
1-3
$3
(Washing¬
Extra
1- 3
Cement, 6te%
Co.,
Page-Hershey
.......
common
12-31
(quar.)
Pacific
12-31
(quar.)..
Corp.,
11-22
—
0
80c
National
National
.'1- 2
Reeves
12-17
Extra T—__—
Parmelee
held)...
12'tec
;
Co.
Stores,
Reliance
Co.__—
Co.
12-10
for
Owl
(quar.)——50c
Products
Indemnity
25c
common
Red
3
Fisheries
12-
8
prior
$1
(Minn.),
American*
Pacific
I-
11-15
11-18
12-23
1-13
50c
—
125c
$1.12te
Pacific Atlantic Telegraph
12-
11-
9
•_
Hosiery
5%
12-
B (year-end)-:.
Ltd.—
Beauty Supply Co.,
Tail
1-14
12-10
12-
12-
United
Pacific
12-10
(quar.)
Insurance
(s-a)
preferred
12-15
$50c
Participating convertible preferred
Oswego Falls Corp., 4V2% preferred
Pacific,Clay
20c
11-lS
50c
11-25
7*
30c
12-17
1
12-10
1-15
(quar.)
2
11-10
12-31
National Container Corp. (quar.)..
National Cydnder Gas Co.—
12-10
112-
$2
12-10
2
2
Title
7%
,
Reliance
—'i
Extra
12-
1-
12-21
50c
37'tec
11-25
12-
$1
11-30
12-
12-15
11-30
3
12-10
$1.75
•
...
1-
12-15
25c
National
$1
2-1-49
1-14
12-20
12-
5c
50c
.—
1
15c
12-24
10%
_
(initial)....—
common
National Casket Co., $7 preferred (quar.)
National Casualty Co. (Detroit) (quar.)
1-
50c
12-23
12-20
6
6
93%c
—
20c
50c
1-17
12-
(increased quar.)_—^___
12-
t50c
12-23
Republic Realty Mortgage Coip.____________
12-15
$43c
12-10
50c
(increased).
Republic
40c
—.—
3
12-10
10c
(year-end)
11-26
1-
2-25
11-10
Oliver
(quar.).
common
Co.
12-15
12c
$25c
12-20
Ontario
7*
40c
'
—
}
12-20
1
40 c
VI
12-31
1
common......—...—
2-28
12-10
12-
7
$1.50
12-
$1
25c
—'
0
1-10
Ltd
Mines,
12-
12-15
20c
12-
11-23
12-31
1-10 '
35c
$1.25
Extra
5
20c
12-10
1
12-31
Silk
5-31
^
10c
(year-end)_
Extra
Real
14—30
2-28
(quar.)_______—__
1-
$1.25
t50c
12-10
12-12
V'T
11-
i..
7
(quar.)__
of Boston
class A
partic.
Estate
ton, D. C.)
12-15
of America—
Co.
7
12-
11-17
;
12-28
12C
50c
Real
3'te%
Insurance
12-
Industries, 4% preferred A (quar.)__^_
Corp., common (quar.)—
12-11
(Hawaii)—
_
Life
12-28
12-10
Tube Corp.—
Reading
12-10
1- 3
12-20
37teq;
50c
1
—
U- 5
Co.__
11-30
_____
12-14
Extra
12-11
-
Service
12- J
12-15'
Raybostos-Manhattan, Inc.- • (year-end)
Raymond Concrete Pile Co. (extra >___
:
Rayonier, Inc., $2 pfd. (quar.)___
^—
Ray-O-Vac Company
(quar.)
;
Reading Co., 4% non-cum. 1st pfd.- (quar.)_
4%
2nd
preferred
(quar:)^
;
—$1.25
(quar.)
preferred
12-
12-31
preferred (quar.)
12-14
Oliver
1-
25c
Co., Inc. (Md.).
Fibres, Inc. (extra)
Automotive
National
12-20
12-28
25C
(quar.)——
(quar.)
National
2
12-28
3%%
$1.40
Quarterly
$1.50
___________
preferred
(quar.)
Natlon-Wide Securities
■
Line
1
pid.
conv.
Inc.
Fund
Manitou
6-20-49
(irreg.)
12-31
35c
$1.18te
50c
Power Co. (quar.)
Ralston Purina Co., common
Holding—
Water
25c
....
Tube
non-cum.
50c
(quar.)-—_____——~
.......
—
Chemical.
Cash
12-10
12-
12-26
3
40c
Quebec
25c
—
1-
50c
Quaker Oats Co., common (irreg.)
6% preferred (quar.)____,
Quaker State Oil
Refining Corp
40c
Service
Ohio
11-24
25c
—
:
5%
Products,
(Geo.)
23c
:
(quar.)______^
Company
—
Seamless
$5
12-17
12-20
50C
(quar.)
Namm's. Inc.
7%
1
3
Old
—
Muskegon Piston Ring Co,.,
Muskogee Co. (quar.)
National
Oil
Extra
12-15
1- 3"
12-31
25c 3-21-49
.
12-4
2
12-15
11-10
$1.10
'
Common
Ohio
$i
preferred
4.80%
11-30
40c
—ulsV;-
6
12-15
& Gas Co._
(quar.)"
Company,
Purolator
12-16
11-16
12-10
common...—50c
Common
11-15
$1.18te
Co.,
1- 3
12-10
20c
125c
^
—
preferred (quar.)
Match Co., common
Ohio
12-15
(increased quar.).—.
Murray Ohio Mfg.
Mutual
—
Edison
2
15c
"
(quar.):.
4.40%
$1
preferred (quar.)—
Murray Corp. of America-
Extra
Ohio
12-15
1-
3
12-20
1- 1
$1.50 ;
(quar.) __—'1
Manufacturing Co. (quar.)
Ogilvie Flour Mills, Ltd., common
12-15
(year-end)
Co.
—
Oak
20C
—
—
4%%
Year-end
11-15
12-
12-15
25c
Pharmacal
Extra
62 tec
(s-a)
Munsingwear, Inc. (year-end)..
Murphy (G. C.) Company, com.
Common
12-15
35c
preferred
Co
Brass
Mutual
11-17
12-10
(s-a).
Brewing Co., com.
(Geo.)
participating
Mueller
4%
12-10
—
Muehleback
'5%
40c
35c
12-27
93%c
Norwich
11-15
1-15
12-14
3te%
Oil
Putnam
12-27
12-20
12-16
6
1-15
22tec
12-10
12-
12-20
convertible preferred (quar.)...—.—
Northland, Greyhound Lines—
' t
4te%
30c
2
11-20
11-26
Inc.
1-
.
12-
150c
_______
Electric
Inc.
Quebec
12-20
12-
12-30
(quar.).......——
—_—:
Fuel Supply
(year-end)
Producers (s-a)
Motorola,
12-10
12-20
12-20
........
Pure
12-10
■
1
12-16
1-
12-28
11-12
1- 2
; ■ /25c
,
com
50c
-L
12-10
$1
—i.
(quar.)
Public Service Co.,
59 tec
...
Extra
(year-end)
Co.
Insurance
Indiana
preferred (quar.)-__——
—1
Northwestern Telegraph (s-a)——
———
Products
1- 3
Y.)
12-
$1.25
$1.40
Pullman,
SOc
River
40c
«quar.
Corp.—
Motor
12-21
(N.
*
dividend preference common (quar.)
Publicker Industries, Inc., $4.75 pfd. (quar.)
Puget Sound Pulp & Timber (quar.)
15c
Extra
t$1.75
4%
11-29
1- 3
& Trust Co.
Quarterly
11-10
12-23
1
12-15
Public Service
11-29
3
11-19
6
1
12-
2
5*
1-15
0
12-
$
1-
11-10
-
12-
12-31
12-
11-25
J
12-27
5*
t$2
12-
«
12-
t35c
tltec
4%
Co.,
11-
12-15
pfd.
12-10
11-30
75c
(quar.)----.—
12-20
Mines,
Dome
&
il-
11-24
—
Public National Bank
East
12-10
12-20
-
12-15
,
of Canada
Corp.
Bros.
11-20
12-23
t65c
_—_________—
Prpston
Price
2
12-
11-30
75c
—
11*19
12-
11-24
12-10
12-10,
12-20
12-15
12-15
12-15
12-10
12-10
12- 8
12-10
1
12-2*
B
11-15
12-10
12-15
25c
:
11-29
12-15
2%
(quarj__;
5Cc
A
12-21
12-15
Ltd.
12- 2
12-
15c
Class
Extra
Power
11-30
Corp.—
class
Raycn,
Co.,
12-15
prior preferred
Ameriean
11-29
45c
25c
t40c
50c
preferred
11-15
SOc
_
(quar.)_—_____________
Alexander, Inc.
(quer.) ___•—__
&
3
8
12-21
10c
•
preferred
River
12-10
' $1
t25c
,
(interim)
Ltd.__—_r,
(s-a) ___;
Prosperity Co., 5% preicrrod (quar.)—:—
Provincial Paper, Ltd., 4% -pfd- (quar.)____
87 tec
7%
12-
Inc.
K.),
50c
•——-
12-
(quar.)_ !
dividend)
50c
:
11-24
12-10
5c
15c
(quar.)
(quar.)
Co
American
(cash
12-10
1-4
—
dividend
Po^vdrell
12-15
12-13 T 11-29
75c
75c
$1
8c
12-1$
3
30c
Ry. (resumed)™
(interim)
(quar
Co.
1-
12-15
'
12-10
12-15
37 tec
12-16
12-29
(Mass.).----: —10c
Potomac Electric Power, common (quar.)___
22'/2C
:
1
$2
11-26
12-29
$5
25c
$1
loc
—_
$50c
25c
—
—
«ortn
Oil
(H.
Porter
.■
11-26
1- 3
quar.)—
common
—
American
North
12-
t45c
________
———
1-
93tec
—
-
preferred
80c
& Storage, Ltd.—
—
preferred
______
Moore Corp., Ltd., common (quar.)
5%
12-
*95c
}70c
Common
Car
convertible
Nv ;;T"
12-15
,—t
common
North
________
Montreal Refrigerating
American
$2
■
12-20
$1.75
_____
Wine—_—■
Valley
3,60%
Corp
Mining
(quar.—
Materials
Stock
■
1
12-11
$1.75
—_~_i
& Lake
Plymouth
(increased quar.)_
(quar.)—
Co.
Ry.,
Extra
per
11-26
Powell
*———
-
Normetal
North
share plus this dividend—_—.—-Montreal Locomotive Works, Ltd.—
.*
12-15
\
1-
6%
—__
:
:
Pleasant
■
VI
1-15
of 6/100ths of
held
one
—
Pittsburgh & West Virginia
Development,
Ltd.
11-20
37tec
—T,T;':V:; 40c
(interim)——— r / $$1
Ry.
Western
Extra
at $40
redemption on Dec. 31
called for
1
1212-
pfd.
7%
Ltd.,
Cottons,
Montreal
12-
12-10
12-10
11-29
rate
Extra
1
12-10
—————
(Increased
Ltd.
$1.75
12-
Plastics
& Dry Dock Co.
(quar.)
VI
12-13
Erie RR. riirreg.)
Pittsburgh Metallurgical Co.__
Pittsburgh Plate Glass Co. (year-end)
Pittsburgh Screw & Bolt (quar.;
12-1$
(year-end)
Co.
$1.75
1
preferred
1-2-49
^
Corp.
12-13
Placer
———-——
Corp.
Mines,
12-10
7%
12-10
———„——
3
1-
(quar.)
(quar.)
1
V
...
Extra
1-
preferred
2nd preferred
12-
(quar.)
Pittsburgh
per
Bridge (quar.)
Corp., class B (irreg.)—
J 25c
1st
3
be
—
$$1.12te
preferred
$40.75
*
Newport News Shipbuilding
20c
4
12-
1-1-49
.—__—_—
1:25c
Monroe Chemical Co.,
of
rate
will
12-15
15c
.
Bay
Niagara Lower Arch
62 tec
—...
the
Newport Electric Corp.—
3te% preferred (quar.)
(quar.)..
7%
at
11-29
■
Molybdenum Corp. of America
Knitting, Ltd., coram* r.
Fractions
$1
30c
—
7
■
50C
for:
the
at
share of each
one
Common
$1.12te
stock
12-17
12-27
Pittsburgh, Fort Wayne & Chicago Ry.—
6
83%C
Hudson
of
12-
12-27
preferred (quar.)
(auar.)—_—^
common
(quar.).
$4
Inc.,
dividend
Stock
11-19
3
12-
12-17
20c
(quar.)___—
53VaC
Pittsburgh Consolidation Coal Co.—
Increased quarterly
_____—\—75c
Pittsburgh Forgings Co._z
25c
7
12-15
40c
preferred
50c
capital
held).
6
——
—
share
(One
12-
i
1-
$4.50
(year-end)________
Smelting
20c
(quar.)—.....
Mills,
Year-end
11-24
...—
Corp.
12-15
40c
Mills
Monarch
4te%
Co
J.)
12-15
3
12-15
12-17
12-15
$1.50
—.—
(year-end)—&
Gas Corp.—
preferred (quar.)————
$4.50 preferred (quar.)
Newberry
1-
12-
12-
3
1
—__
(quar.)
————'
Suspender Co
4V4'A
11-19
5c
50c
20c
3%%
11-20
$2
12-15
Electric
t25c
•
5
12-24
______
(accum.)
A
J 25c
-
Co.
State
30c
*=
1-
75c
——
(special)
(quar.)—
Hotels Statler
York
25c
Year-end
Hosiery Co., common
Special
'5%
preferred (quar.).
Molson's
Brewery,
Ltd
Co
Itec
.
.(s-af_
Birmingham
Pitney-Bowes,
1- 3
..
Mining
York
$1
Public Service
———
(Robert) Co., Ltd———-——
Pillsbury
1
1- 2
12-10
12-10
—-—,——-
preferred
New
12-
6
12-15
3
12-
1-
___________
_______—,
Co—
—
12-
12-10
12-
12-14
93tec
*
25c
(quar.)
Co.
Governor
Extra
12-
Chicago & St. Louis RR.—
12-11,
60c
,
(quar.).
Mojud
Y.
Pierce
12-15
12-14
7%
*
—
A
Phoenix ' Hosiery
P-30
11-30
50c
______
_____—-__i—15c
preferred
3te%
11-27
$i
$1
50c
(quar.)
,
York
6%
12-10
50c
Manufacturing(increased) —
$4 preferred (quar.)
Missouri-Kansas Pipe Line, common (quar.)
pfd.
4%
————;——
7-2-49
10-2-49
Mining &
Carpet
Zinc
Jersey
Stock
11-27
$1.50
(s-a——:—
Co.
common
dividend
Holders
Payable of Rec.
Share
(quar.)
Corp.,
Pioneer
37 tec
(quar.)
12-15
1-14
1- 3
12-31
1*2-31
—
(accum.)
Calumet Mines, Ltd.
(initial).—.
England Fire Insurance Co. (quar.)—_
England Telephone & Telegraph——
Haven Gas Light (quar.) —
——
class
12 tec
Common
Modine
Corp.——
37 tec
t
15c
tlOc
* 13c
$1.25
40c
____■—_____
Philco
11-15
Co.—
Mur
37 tec
Minneapolis & St, Louis By.
Mohawk
(Herman)
participating
20c
—
20c
2rc
._
12-15
50c
&
common
(quar.)
50c
prior preferred (quar.)
$1
prior preferred
(quar.)——•
$1 prior preferred (quar.)
$1 prior preferred
(quar.)
Minneapolis-Honeyweil Regulator—
Common
(quar.)
Mobile
Co.,
(s-a)
Inc.
50c
$1
Mitchell
Cement
Bros.,
12-15
1- 3
12-10
12-15
12-15
12-15
12-i5
- I- 5
(initial)
(year-end).
common
new
Extra
...
Missouri
Co.,
preferred
$1.20
T*
(quar.)
B
Nazareth
12-
12-10
60c
(Increased quar.).
Special
Class
Transit
Name of Company
Payable of Rec.
50e
15c
$1
$3.50
20c
Sugar Refining—
National
35c
—
—
Inc., com.
Common
Minnesota
National
*
15c
—
Common
Common
11-29
When
Per
Holders
When
Per
Share
Name of Company
4c
(s-a)
Participating
Miller & Hart,
1-
$1.08%
pfd. (quar.)
Metropolitan Edison Co., 3.90%
>
Holders
Payable of Rec.
Share
of Company
12-15
12-
6
;
(quar.)
11-SO
*
St.
4
Regis
40%
Paper
Co.—
1st preferred series A
ri
(quar.)
$1.10
1-
2
$
12-
3
Volume
168
Number 4757
THE
Per
Name oj Company
San
Francisco
Ltd.
Share
Remedial
Loan
Association,
'
(s-aj
A
preierred
preferred
Scythes
&
Co.,
12-
75c
12-15
11-30
2-1-49
1-ito
27 %c
5-1-49
4-18
27%c
8-1-49
7-18
62%c
12-13
11-29*
2-
1
I-17*
1-
__
iquar.j
'5%%
preferred A
(quar.)
5%%
preferred A
(quar.)
Scott Paper Co., common (increased
$3.40
12-13
12-17
27%c
(year-end)
.
quar.)_
(quar.)__
Ltd.
85c
(extra)
Air
Line.
5%
(Del.)
&
Co.
12-
;
12-15
12-
12-28
12-15
50c
12-10
11-10
12-10
11-10
11-24
Sun
Corp.,
B
class
conv.
$4.50
Stock
12-29
12-10
Sundstrand
12-15
12-
2
Sunray Oil Corp.,
12-29
12-
6
11-24
Superior
12-22
12-
12-20
11-30
Common
(quar.)
redeemable preferred
t30c
series
(quar.)
A
2-25
$50c
preferred
(quaT.)
1-
3
12-31
1-
3
12-15
$1.35
Sherwin-Williams
4
7%
Co.
preferred
Shoe
of
Canada—
of America, class
Optical Co. (quar.
Ltd.
5
(quar.)
5%
____
Extra
Ltd,
common
Ltd.,
11-29
Texas
11-29
Texas
Gulf
Producing
$15c
Dairies,
class
12-15
12-
1
Texas
Gulf
12-15
12-
1
12-
3
$15c
A
t$1.25
..
(irreg.)
Saw
Simpsons,
&
Steel
Ltd.,
'
1-3
12-10
L
12-
75c
1
11-24
12-17
12-15
_
preferred
12-
12-15
$1.50
12-14
$1.50
12-14
11-23
Extra
Skelly
Oil
Co.___
Skilsaw, Inc. (auar.)_—
Smith
Steel
(Alexander)
Common
&
12-17
11-12
Thomson
12-15
12-1
Thor
$3
1-3-49
12-24
Time,
50c
12-20
12-10*
(increased)
___
50c
dividend
/. Stock
held)
Sorg
,
,
shares
Co.,
Common
i
Rico
preferred
Southern
Southern
Natural
Southern
Pacific
Southern
Railway
Common
,
12-
12-28
Co.
(irreg.)
com.
Roofing
Inc.
Co.—
Co.
Royalty
Trans-Canada
Travelers
1
12-17
Coal
$1
1-3
12-15
Common
1- 3
12-15
$4.50
prior
$1.50
convertible
Gas
Electric
Co.—
12-5
12-13
11-29
Twin
12-20
11-29*
Tyler Fixture Corp.,
$1
•
—
Walle
12-15
11-15
12-15
208
LaSalle
South
Common
,
25c
1-
Corp
co"nv. pfd.
50c
Asbestos
Southwestern
5%
Gas
preferred
Southwestern
Sovereign
Spalding
&
1- 2
12-20
Union
Sugar
12-15
11-30
Union
Trusteed
12-15
12-
Investors
(A.
G.)
Brothers
6%
,
convertible
Spencer
Sperti
Kellogg
Foods,
5%
Sons
(quar.)
(initial
preferred
quar.)_
Sprague Electric Co. (quar.)__
Springfield Fire & Marine Insurance
Squibb (E/R/l & Sons, common
:
■
$4
preferred
$4
preferred
Staley
(A.
$3.75
(quar.)
series
E.)
Mfg.
Extra
.*
A
Co.,
Corp.,
preferred
Oil
Standard
Oil
Of
Oil
of
Co.
Oil
Co.
Calif.
of
_
of
New
Stock
12-1
United
Gas
1-1
12-20
12-10
11-10
common
12-10
11-10
Fractional
12-15
11-30
cash
12-15
11-30
12- 9
12- 9
share
41c
each
933Ac
1-14
12-24
United
Piece
12-10
11-15
12-20
12- 6
12-14
12- 3
$4
12-10
11-20
7%
25c
12-15
12-
1
12-15
12-
1
37%c
12-15
12-
•
!
(quar.)
(quar.)
U.
S.
U. S.
B
Stecher-Traung Lithograph, 5% pfd.
Stedman Brothers, Ltd.
$4.25
,
5c
1-3
$1.25
12-31
12-15
$15c
1- 3
12-15
12-15
J.
&
$5
&
Dye
preferred
Whiting
Wickes
Wico
Fidelity
&
—
share
Issued
the
of
rate
8.
preferred
Winnipeg Electric Co.,
12-15
11-30
12-15
12-
50c
1
11-29
12-10
11-24
4%%
11-30
Wood
11-30
5%
Power
&
12-15
12-
75c
1-
2
1
12-22
3
$1.75
12-23
12-
12-10
11-24
12-10
11-24
12-10
11-17
1-3-49
50c
1-14
12-10
.12-
9
12-18
11-24
12-18
11-24
12-28
12-
8
25c
12-31
12-
6
3
12-
2
12-24
1-
1
12-13
12-15
12-
12-10
11-30
50c
12-31
11-15
$2.50
12-31
11-15
$1.50
1-31
1-15
$1.12%
12-15
11-30
$1.20
(s-a)
12-15
11-30
1
Light—
.
(quar.)
Co.,
(quar.)
25c
1-
1
$1.25
1-
1
12-10
$50c
12-17
11-17
common
12-10
50c
12-28
$1.25
12-28
12-16
$40c
1-10
12-24
25c
12-20
12-
1
$1.12%
12-15
12-
1
$1.12%
12-15
12-
12-16
1
$3%c
1-
3
11-26
25C
1-
3
12-20
25c
Monthly
25c
Wysong & Niles Co., common
10c
Common
2-
1
3-
1
2-19
12-15
11-30
1-20
10c 3-15-49
25c
Mfg. Co.
(quar.)
2-38
10c 6-15-49
—
Mfg. Co
Tile
1
15c
*
5-31
3
12-10
12-20
12-10
1-
Yellow Cab Co.—
6%
6%
11-18
12-15
1-3-49
1-3-49
12-15
1-3-49
25C
6%
37 %C 1-31-49
convertible preferred (quar.)
convertible preferred (quar.)
convertible preferred (quar.)
1-20
37 %C 4-30-49
4-20
37 %C 7-30-49
—
7-20
12-15
12-13
12-
12-20
11-15
1-10
12-20
1-
2
12-15
1
50c
1-14
12-27
$1
1-2-49
11-10
50c
12-23
12- 3
12-23
12- 3
12-15
12-
12-15
12- 1
$1
—
1
12-15
11-19
$1
Youngstown Sheet & Tube
1-3
11-19
25c
12-15
12- 1
12-
(quar.)
Extra
Youngstown Steel Door Co
1
25c
Zeigler
Coal
&
Products
•Transfer
Corp.
books
not
(resumed).
closed
for
this
12* 1
12-14
12- 1
10c
Coke—
1- 3
15c
—
12-15
25c
—
Extra
Zonite
$1.75'
25c
25c
Spring & Wire (quar.)
Extra
11-10
1-2-49
Young (L. A.)
Extra
$1.06%
12-26
12-10
dividend.
tPayable In U. S. Funds, less 15% Canadian non-residents' tax.
$Payable In Canadian funds, tax deductible at the source.
Non
resident tax 15%; resident tax 7%.
75c
12-31
12-
8
$1.50
———
1-
75c
Manufacturing Co., Ltd
Woodward & Lothrop, common
5% preferred (quar.)
Wool Combing Corp. of Canada, Ltd.__
!_
Worthington Pump & Machinery Corp., com.
4% % convertible prior preferred (quar.)_
4%%
prior preferred (quar.)
Wright-Hargreaves Mines, Ltd. (reduced)—
Wrigley
(Win.),, Jr., Co. (monthly)
Monthly
:
Fibre
1
1-
Woods
Yale & Towne
10%
(quar.)
11-30
$15c
series), (quar.)
Steel
preferred
Yankee
12-10
$1.06%
(quar.)
preferred
(Alan)
1-28
12-10
Power—
(1897
preferred
4.80%
12-10
12-10
.
12-
12-20
$1.12%
common
preferred
Electric
preferred
Wisconsin
2-15
12-10
$25c
12-10
12-
12-15
20c
12-20
7
1
12-31
30c
(quar.)—
12-10
12-
2
12-15
10c
12-10
12-15
112-
12-31
75c ;
12-10
non-cum.
1-15
12-10
30c
—
12-20
$2.50
common
12-10
(quar.)
(quar.)
12-20
(quar.)
(quar.)
H.)
$4.50
5%
3
12-24
—
12-20
50c
Co
Gypsum Co.,
(quar.)
Wilcox
Wisconsin
3
12-
12-13
25c
Motors, Inc.—
preferred
(quar.)
Wilson & Co., $4.25 preferred
(quar.).;
Wilson (J. C.), Ltd.
(quar.)
Wilson-Jones Co. (year-end)
1
12-
12-27
Wllsil, Ltd.
Willys-Overland
53c
Extra
7%
preferred
(Consider
12-16
3
15c
class
A
1-
1-3
(quar.)
common
1
58 %c
_
$1
$1.25
20c
Co.,
Willson Products, Inc.
12-16
(quar.)
11-22
12-16
12-27
(quar.)
6
(interim)
(Bait.)
6
12-27
$1.50
Corp.
Corp.
-12-
12-16
40c
12-
Ltd.
Guaranty
11-22
(quar.)
1- 3
of
(quar.)_
12-10
(year-end),.
Oil Company,
common
Willapa Harbor Lumber Mills
35c
U.
Co.
Willett
but
(quar.)_
11-15
$1
6
American
Manufacturers
11-15
12-15
Co
Electric
6%
J
75c
-—
Common
Finishing Co.—
preferred (quar.)
preferred (quar.)
U 8 Guarantee
Paper
12-10
Works—
■
Corp., common
preferred (quar.)
Motor
White
2-
12- 4
683/4C
Steel
prior
Whitaker
2- 1
12-15
(quar.)
12-
common—
be
11%26
50c
—
12-10
Light
at
5
1-3-49
Corp.
(year-end)
Ry.
3
Canal
Co.,
RR.
& Lake Erie
3
60c
1
Acid
class A
N.
25c
&
preferred -(quar.)
Inc.
Molasses
United
60c
(year-end)
;
State Loan & Finance
Corp.,
Merchants
United
11-18
$1.25
common
Phosphate
(quar.)
Supply
United
11-18
20c
Wholesale
Inc.
1/50
Instrument
3
65C
& Traction held
7% prior preferred (monthly)
6.36% prior preferred (monthly)
6% prior preferred (monthly).
12-10
Electrical
1-
$75c
—*
not
11-26
1-
50c
(quar.)
1-
75c
(s-a)
will
5
Corp.—
(quar.)
1-
25c
(quar.)
distributed
12-10
preferred
Wheeling
40c
(quar.)
shares
be
25c
.
4
Ltd.—
American
50c
.
12-18
& Traction
stock for each 50 shares held.)
will
for
Fund
of
1-
12-14
Year-end
50c
(quar.f-
Income
10-22
"
3
5%
Westlnghouse Air Brake
6%
—
Light & Railways Co.,
(One
12-15
$1.25 2-15-49
$1
(quar.)
pfd. (accum.)—
United
ii-30
$3.50
20c
(quar.)—^
United
10-22
2% %
(quar.)
Spring Co.,
Stoker Co.,
Inc.
Steak-n-Shake,
12-10
2%
A
Weyerhaeuser Timber Co.
12-
Light
(cash dividend) (quar.)___
Steel
Fuel
12-27
65c
:
of Ohio—
11-30
12-15
20c
12-20
12-15
12-16
75c 2-15-49
32c
—
Extra
\l2-31
3
$1.25
Stationery
12-10
„
Inc.—
(quar.)—
Co
3
1-
75c
(s-a)_
15c
(quar.)——
Illuminating
&
25c
—
Improvement
1-
$1
Tablet
'
pfd.
1
Co.
50c
—,—
7%
1
50c
RR.
Weston
25c
preferred
Co.
12-27
_T
$3
12-
25c
25c
0c
Inc.—
Corp.
A
12-31
$1
preferred
Standard
6%
class
35c
dividend
Standard
Class
Fruit
Jersey—
dividend
Common
Works,
6%
United
50c
(quar.)
(quar.)
dividend
Standard
12-10
11-15
11-30
$1.25
Fund———
Investments,
$1
(quar.)__
_______
33A%
12-20
12-13
11-30
25c
12-15
12-15
50c
12-10
30c
(quar.)
1-17
Electric
4
11-15
$1.25
2-1-49
Fuel
1
12-
Extra
(quar.)
Corporation,
United
12-
12-20
.
11-30
20c
(quar.)
Carton
Dyewood Corp.
10c
__
11-26
Western
Corp.—
(quar.)
Electric Coal Cos.
United
12-11
17 %c
12-15
19c
United
11-26
75C
(quar.)___
12-15
12-10
United
11-26
12-
12-10
12-
United
25c
(Del.)
Indiana
Kentucky
Standard Oil Co.
'■
(quar.)
11-26
12-10
1-17
$1
12-10
12-20
Chemicals,
183Ac
common
Extra
Standard
State
'•
11-26
19c
11-24
♦
11-15
11-26*
12-15
6
1
12-10
12-
12-10
3
12- 6
12-11
(quar.)
5% preferred A (quar.)
Western Railway of Alabama--
$1.50
12-13
12-
75c
Common
3-19
2-1-49
'"'87%c
Co.
(quar.)__
Co.
Co.
Standard
_
United
93c
(quar.)
Milling
Standard
Stock
11-26
12-13
(s-a)
Co,
Pacific
12-
Corp.
ii-30
Corp.
35c
—_______—
Co.
12-15
1-3
$6
(quar.)—+—,
Fastener
12-31
12-29
2%C
__—
(s-a)_—.
1
50c
,
(quar.)___
(quar.)
Factors
Standard
Cash
12-15
40c
11-30
50c
United-Carr
12-10
1-15
40c
$1.75
—
Circuit,
1-14
12-20
1
Western
11-27
$1
<quar.)__*
42-20
$4
Corp. (quar.)
Corp. (year-end)
Careen
Extra
12-15
25c
&
Western
12-20
Theatre-
1
25C
Condensing Co
Light & Telephone Co., Inc.
12-11
25c
(quar.)__
common
Board
12-
1-
12-15
i
preferred
12-15
47%c
<
.
common
11-23
12-15
$1.25
Rope
United
United
Standard
-
Co
(quar.)____
Brands,- Inc.,
preferred
5%
12- 6
40c
preferred
$'3.50
Aircraft
Artists'
12-17
12- 3
2-
25c
3-1-49
$1
...
Standard-Coosa-Thatcher
.
Wire
United
United
20c
:
Standard
75c
Union
8
8
11-29
Gas
11-19
5.
5(f
.
Union Common Stock Fund
12-
12-15
2
50c
Stock
12-20
11-15
l1"15
1-
West Virginia Coal & Coke (increased quar,)/
West Virginia Pulp & Paper (quar.)__
3
12-20
'
(quar.)
Inc.
(year-end)
11-26
1-
3
1-
Co.
Fund,
12-10
13%c
11-30
12-
Motor
12-15
4* 3
3
1-
25c
West Ohio
4
1-
12-11
75c
11-18
,12-30
ii-24
62 %c
(quar.)__
12-28
u
12-11
25c
—
1
3
12-/1
3
$3.50
(s-a)i.
1-10
(quar.)
12-23
1
12-
15c.
"C"
12-15
-
guaranteed
Pictures, Inc._
West Indies Sugar
Extra
$1.75
"B"
12-
6-15
1-3-49
Fund
$1.12%.
6-25-49
12-
1-
12-10
12-15
35c
Wellington
Waukesha
62 %c
Fund
12-15
*
RR.,
Year-end
3-15
(quar.)
Preferred
12%c
(quar.)
3
12-15
1-49
35c
quar.)
"A"
United
preferred
$4.50
12-
1-49
Corp., com
Bond
Inc.—
Inc.,
12-15
4-
1
Fund
12-15
25c
Company (quar.)
1-
(quar.—
Funds, Inc.—
Co.
25c
(year-iend)
C
12-
Bond.
11-12
Warner
12-23
Union
12-15
Class
3
37 %c
Union
12-10
3
12-
<quar.)_-_——
1-12
50c
12-
12-16
Wheeling
12-15
$1.50
(quar.)
12-16
4
Bond
10c
common..
preferred
&
convertible
Spiegel,
Co.,
Brother^, class B
1
Union
4
12%c
Withington
Warren
1
1- 3
37Vic
(quar.)
Extra
Sparks
1
12-
10c
_____
12-
12-
1-14-49
:
12-15
12-23
40c
(quar.)
Bros.
12-15
Union
Co.
Warner
$1.12%
$1.25
1
Insurance
11-24
$1
Electric-7
(quar.)
Life
12-15
12-
12-15
:
(H.)-Gooderham & Worts, Ltd.—
Western
(initial)
Co;
$50c
40c
25c
;
75c
$250
50c
Walker
Ware River
..
I-10
$1
11-29
3
8
1-20
preferred (quar.)
11-24
1-
12-
12-10
,
—__
(quar.)
12-15
$15c
12-20
$1
(quar.)
4%
6
12-22
12-20
35c
(quar.).—I
common
12-
80c
(initial)
com.
12-15
50c
80C
*
j.
Co.,
12-15
$1.06%
(quar.)—
Rubber
&
31 %c
,
Co.
11-29
$37%c
5%%
RR.
2
new
Extra
Walgreen
12-15
A
—
Pacific
20c
(quar.)
Royalty
12-10
12-10
35c
'
Southland
Southwestern Electric Service
1
3
$1.75
(year-end)
Extra
Union
(quar.)
1-
(quar.)_
preferred
Co.
12-17
i
L_
(s-a)
Ltd.___~
$130
—
Forging (year-end)
Street
Clutch
Corp.
Co., Ltd.»
Mines,
Waldorf System, Inc.
1-
75c
(quar.)
Disc
Union
11-15
,
12-10
Cotton
Amulet
12-29
$1.06%
50c
(quar.)
11-30
3
1-
—
40c
Power
II-12
12-20
.
(quar.)
Wabash-Harrison
62 %c
12-31
$1.25
(quar.)_
Roofing Co.
Wabasso
__—________
preferred
12-
Underwood
quar.)
preferred
preferred
50c
12-31
•.
1
7%
12-10
5c
preferred
50c
(quar.)
(quar.)_
12-
Visklng Corp.
Vogt Manufacturing Co. (year-end)____
Detinning, common (year-end)!
15c
Light &
Film
12-11
62 %C
Vulcan
12-10
(quar.)
37%c
,
30c
$1.25
(quar.)
(quar.)
I-14
1
Co.
Century-Fox
6
12-15
7-15
3
——
Twentieth
12-
1-2'
$1.50
4-15
1-11
(s-a)—
Extra
Tucson
12-17
12--1
12-20
8-1-49
1-
common
A
12-15
30c
37 %c
preferred
1-
(quar.)
(increased
12-17
f 12c
r
6-2-49
25c
15c
Association
12-10
37 %c
$1.02%
(quar.)—__—.
class
3
(quar.)
(quar.)
35c
:
Petroleums,
12-10
1-
preferred
Increased
Extra
i-17
l;
1- 3
Corp.—
$2.25
Co.
27c
Co.
12-16
______
Troy & Greenbush RR.
3
5
1
1
common;
Shares-Series
11-26
2-
2-1-49
12-
12-
^—
6
37 %C
12-15
1
>
12-
(quar.)
6%
11-19
(year-end)
11-27
12-21
12-10
$2
125c
•
(year-end)___
Chemical
3
7
preferred
11-30
12-
—
1-
12-
1-2-49
JS1.25
$5
preferred
(quar.)
Virginian Railway, common
12-10
12-10
—
11-30
'
1
partic. preferred (accum.)___
Virginia Electric & Power, common
6%
12-16
—
I
^
6%
12-11
3c
;
pfd.
Corp.
Insurance
Tri-West
7
■
_____
1
12-15
40c
50c
$1.25
_i:
12-
11-30
25c
(s-a)____
75c
(quar.)
1-
-
12-15
12-15
1
12-15
$1
Ltd., common:
5% preferred (quar.)
Viceroy Mfg. Co., Ltd
2
1-
40c
(year-end)
1- 3
.
preferred
conv.
$1.30
Welder
68%c
__
2
3
75C
Transue & Williams Steel
12-15
12-
1-
12-
3
6%
(quar.)
62 %c
;
Gas
Iron
1
12-17
$4
50C
Truax-Traer
(quar.)___
(quar.)__
(increased
States
5
1-
fl
Co.—
Gas
Edison
Co.
non-cum.
12-
25c
1-
12-15
27c
1
12-20
i-
62 %c
Viau,
12-15
25c
1
12-
(increased)
Co.
12-31
56'Ac
1
12-
12-20
common
25C
—
Mills,
Electric
Co.,
Virginia-Carolina
——
common
50c
Sugar
original pfd.
4.32% preferred
5 %
12- 3
25c
(quar.)
5%
Common
12-31
25c
California
Southern
11-20
(s-a)_.
Porto
8%
11-
.
$1.37
preferred
(quar.)_.
5%% convertible preferred
.
2%.
12-10
!___
5%
South
11- 5
12-20
.
(quar.)
&
11-10
,
31 %c
(quar.)
Carolina Electric
12-10
10c
...
.
common
12-10
10-30
25c
interest
7%
Cotton
Corp.
Toklan
(quar.)
preferred A (quar.)
prefeired
11-10
100
each
common
convertible
Paper
for
:
Manufacturing Co.
South
•
(two
Corp.,
5%%
Soss
dividend)-
(cash
_____
Sonotone
$1.25
'
;
Oil
$1
25c
Extra
Socony-Vacuum
12-10
12-20
30c
(s-a)
Top Tailors, Ltd. (irreg.)—
Tishman Realty & Construction Co.—
Increased quarterly
Tobin Packing Co. com. (quar.)
7%
preferred
(quar.)—
& Sons Carpet Co.—
(quar.)
1
Light
Victor Equipment Co.
Tip
Tile
(s-a)_
1-
&
prior preferred (quar.)
Valspar Corp., common (s-a)
1
12-10
Power
12-15
Common
50c
Iron
12-15
11-26
12-
12-15
10c
6%
50C
$2.50
Corp.—
preferred class A
Sloss-Sheffield
Utlca Knitting
11-26
12-
12-15
75c
(quar.)
11-30*
(year-end)
1.
Thomaston
Sloane-Blabon
/. 6%
Utah
12-15
1
25c
Extra
12-15
—
4V4 % preferred .(quar.)
11-15
Refining
3
1-
12-15
5c
Oil
12-31
11-23
•
Utah
12-15
12-20
11-30
12-30
i___
12-15
(year-end)
prop,
Extra
11-18
$$1.12%
(quar.)
(quar.)„i_______
1-
1-15
12-10
25c
Extra
1
3
50c
quar.)
(year-end)
1-3-49
•_
Thomas Steel Co.
6
12-15
12-15
$2.20
(quar.)___j
(year-end)
(increased
(quar.)
15c
—
(quar.)_
Co>>
3
15c
Co.
25c
(year-end)
Shovel
5
20C
Upson Company
Special'
Land Trust—
Certificates-of
1-
11-22
12-30
$8.75
J12%C
preferred
$1%C
______
(quar.)
(quar.)
...
shares
Thew
$1
fiinger Manufacturing Co.
Extra
Texas Pacific
—
(irreg.$1.60
Co.
4%%
3
preferred
Company
Sub
preferred (quar.)
Simmons-Boardman Publishing Corp.
$3 conv. preferred
(quar.)__
Company
1-
12-
1-
$1
—
Sulphur—
Ltd.—
5%
Simonds
11-
(quar.)
Dairies,
—
t
12-10
4.25%
12-10
35C
common—
(quar.)__
12-10
5
2
40c
Inc.,
Transmission
12-10
;>
Western
Simmons
Gas
preferred
25c
•'
12-
25c
Tennessee
4.10%
12-24
convertible
Upson-Walton
2
_____________
$2.50
-
(quar.)
12-
4%
50c
2nd preferred
Co. (quar.)
$50c
A
12-24
25c
Mines, Ltd
Corp.
Inc., common
Brewing
Corp.
Extra
5
5
-
11-19
25c
-
(quar.)_,
.1
5
11-
11-
2
12-23
50c
—
11-
(quar.)
Ltd
Corp.,
25c
Power, 6%
12-10
12-10
2
15c
(quar.)
Co.
25c
class
preferred
Telluride
12-10
50c
$2.50-
(quar.)
Silverwood
•
12-29
50c
Silverwood
?
1-29
,
.
B
28 %C
$25c
Tennessee
(quar.)
Y.)
1
1-
1-
26 Ac
—
Tennessee
12-10
(quar.)
Royalties,
Class
Silknit,
_
11-30
12-10
12-20
$25c
(year-end)
Extra
Signal
12-15
12-20
(N.
1
Taylor-Wharton Iron & Steel Co.
35c
___
I
B
3
25c
(quar.)
Extra
Class
1-
Co.
12-
(James),
25c
A
Signal Oil & Gas Co., class A
•
$$1.75
12-10
11-29
12-
A
Common
..
__
Mines,
11-30
12-15
Products
4%%
preferred (quar.)
Taylor & Fenn, 4.32% preferred (quar.)
Taylor Instrument Cos. (quar.)
Taylor, Pearson & Carson (Canada), Ltd.—
.
-
Extra
Sigma
-
(quar.)
Corp.
Shuron
12-10
433Ac
preferred
Winding Co.
—
_____
11-29
Universal
Extrs^
Corp.—
12-15
(year-ena)
Universal
Symington-Gould
'
Year-end
Gold
11-
45c
common
1
—
Talcott
12-10
(quar.)_
12-
Cement
-
Bylvanite
Trust
11-22
$1.25
common
12-10
Company (quar.)
Electric Products,
preferred
(quar.)
II-30
S.
12-15
12-10
1-15
25c
12-31
U.
2
12-10
12-20
Corp.
1-15
1* 2
12-20
non-cum.
1-
$1
$2
25c
(quar.)
Paper
12-15
593/ac
___
Hoist
Steel
S. Steel Corp.,
U S Tobacco
Co.,
7%
62 %C
preferred
25c
Tool
&
$4
2
3
U.
3
35c
Extra
1-17
12-
1-2-49
Sheep Creek Gold Mines, Ltd. (increased)$2c
Mfg. Corp., common
25c
5%
1st preferred
(quar.)
$1.25
Shellmar Products,
common
(quar.)___J
40c
Shelter
Shephard-Niles Crane &
•
1-
12-16
12-15^ 12- 1
Wallpaper, Inc.—
Sylvania
_______
11-19
12-16
1-1-49
common.^
1st
11-30
Year-end
Swift
3
(quar.)
Co.,
non-cuni.
12-30
——
Sutherland
3
It
1-
Rubber
Steel
(quar.)
Superior Portland
11-24
10c
1-15
preferred
S.
8%
United
series
12-15
10c
12-10
$1.25
Extra
'
1-15
5%
U.
11-30*
1-1-49
Printing & Lithograph—
United
convertible
12-15
.
.
11-19
11-20
12-20
50c
45c
3
pfd
series B (quar.)
Mining Co. (quar.)__Superheater Company (increased quar.)
12-15
11-29
12-10
12-17
12-14
70c
(irreg.)
11-24
Sunshine
11-23
12-15
S.
11-30
.
3
$1
Co.
12-
preferred
12-15
12-15
12-20
12-20
1-
$2
.
-
Potash
12-15
4%%
11-24
1-3-49
3
3
12-14
22%c
(year-end)
12-20
4%%
11-26
50c
U.
1-
1-
62%c
& Foundry Co. (quar.)
Playing Card Co. (quar.)
Extra
S
Co.
25c
common
12- 6
$1.12%
U
6
Lumber
75c
Machine
£2c
____—
11-30
S
10%
15c
(quar.)
12-
10c
A
dividend
12Vic
(year-end)
common
12-24
12-10
Lines, common (quar.)
4%% preferred (s-a)
(quar )
common
12-15
(Frank
S.
S.
(year-end)
Corp.
Co.,
12-15
iii
preferred
4%%
Oil
2
(quar.)
U.
75c
(quar.)
Strawbridge & Clothier, $5 preferred (quar.)
1- 2
(quar.)___
12-16
25c
:
25c
__
8
Share
S. Pipe
1-
25c
(year-end)
class
$1.25
G.) Co. (quar.)____
____
Shattuck-Denn Mining (year-end)
Shawinigan Water & Power Co.—
,:
4
Extra
25c
1-
U.
50c
—
Class B
1
12-17
25c
——
,
25c
_
$1.12%
A
;
Shattuck
12-
Mills,
25c
90c
Extra
Eervel, Inc.,
12-15
35c
__
'
Class
6
1-2-49
15C
Studebaker
12-
12%c
:
U
15C
preference
Webster, Inc.
Extra
1
6
12-15
10c
12-15
&
Stonecutter
1
12-
12-31
U.
*
Stone
^
:
(quar.)_!
Inc., common
Camp,
prior
12-10
quar.)_.
(quar.)
Fuller
Stokely-Van
$1
(increased
Inc.
prior pfd. (quar.)
class A preferred (quar.)=_
Shoe Co.
4%
&
12-20
57c
(quar.)
6
55
When
Holders
Payable of Rec.
rer
Name of Company
,
12-
25c
pfd.
(quar.)
—
Baer
5%
5%
4%%
Corp.
Year-end
Stix
25c
4%%
Serrick
•
Stewart-Warner
Holders
12-20.
35c
dividend)
Textile,
(2371)
Payable of Rec.
35c
(quar.)
—______
(stock
Stern
61
12-15
.
Lines,
Security Bank Note (extra)
Seeger Refrigerator Co._
Seeman Brothers, Inc.
(quar.)_
Seiberling Rubber Co. com. (resumed)
Selby
Stern
5
______
_
When
Share
Products
•
Inc.
40c
(resumed)
Roebucx
5%
■
Sterling,
12-31
$18c
_
(quar.)
Extra
Seatrain
1
Extra
7
$2.50
!
»
preferred
Extra
Seagrave Corp.
-
Aluminum
40c
Seaboard
Seaboard Oil Co:
Sears
Name of Company
Sterling
12-20
CHRONICLE
Per
Payable of Rec.
.
75c
com.
FINANCIAL
&
Holders
25c
Savage Arms Corp.
Schwitzer-Cummins Co.,
5%%
When
COMMERCIAL
12-24
12-
8
a
$1.75
1- 3
12-
8
xLess
Less British
30%
Income tax.
Jamaica
income tax.
■
^
„
-
/
'
56
CHRONICLE
FINANCIAL
COMMERCIAL &
THE
(2372)
Monday, December 6, 1948
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
the
Decatur, Ala.
City
1948. Denomina¬
Principal and interest
payable at the
County
tion $1,000.
terest payment date at the prin¬
cipal amount thereof and accrued
Treasurer's
numerical order
verse
Bond Offering—Joe Pettey,
Enclose
Dated Dec. 15,
option of the City, in in¬
on any in¬
at
ALABAMA
(J-D)
office.
ier's
must be
multiple of y4 of 1%.
in¬
be general
a
be
given
of
publication
the
by
All bids must include accrued
such notice once a week for three
terest, The bonds will
weeks in
obligations of the City addition¬
ally secured by a pledge of assess¬
ments made or to be made against
of general
newspaper
a
circulation, printed and published
Maricopa County, first publica¬
tion of which shall be at least 30
in
properties specially benefited
days and not more than 90 days
by the improvements for the fi¬
nancing of which the bonds are
authorized to be issued. The bonds
will be delivered as soon after
prior to the fixed date for such
redemption. The bonds are pay¬
able at the City Treasurer's office,
they may be prepared.
furnish the approv¬
opinion of White, Bradley,
Arant & All, of Birmingham.
Arizona,
the
the sale
as
The City will
ing
tary
sani¬
system bonds offered
Sale—The
sewer
$300,000
Nov. 23—v. 168, p. 2055—were
on
to
awarded
headed
group
a
Branch,
Tempe
bonds
principal
payable
to
as
only. Said bonds are
only from the revenue
by
Departments of the City,
consisting of the complete sewer
and
water
systems within and
without the corporate limits of the
Water
City. The bonds will be awarded
the highest and best bidder,
ham, on a bid reflecting a net in¬
terest cost of about 3.17%. Dated considering the interest rate or
rates specified, and the premium
Oct. 1, 1948 and due on Oct. 1
from 1951 to 1977 inclusive. The offered, if any. The City reserves
the right in its discretion to reject
bonds are subject to
prior re¬
any and all bids and to waive any
demption.
irregularity or informality in said
Additional Sale —The $250,000
bids. Delivery of the bonds will
.sanitary sewer bonds offered at be made to the successful bidder
.Stern, Agee & Leach of Birming¬
to
the
time
same
awarded to a
were
composed of Trust Compan.y
of
Georgia,
RobinsonHumphrey Co., both of Atlanta,
Newman, Brown & Co. of New
Orleans, Courts & Co. of Atlanta
and George M. Wood & Co. of
Montgomery, on a bid reflecting a
£roup
interest
net
Dated Oct.
of
cost
2.72%.
about
1,1948 and due
on
1 from 1951 to 1977 inclusive.
bonds
subject
are
Oct.
conditional. Enclose
Bids
Rejected
—
City
Jefferson County
re¬
(P. O.
Birmingham), Ala.
Bond Offering—W. D.
President
Kendrick,
Commission,
County
sell
at
public
auction at
10 a.m. (CST) on Dec. 14, $130,©00 refunding
court house and
Jail bonds. Dated Jan. 1, 1949. Due
Jan.
to
1,
as
1959,
1969.
payable Jan. 1,
and thereafter
are
on
Enclose
A
maturity
any
interest
or
the
rate
Bidders
borne
are
by the
invited
to
bonds.
the
name
rate of interest. All bonds
are
sold
on
bidders.
Dec.
Securities
to
Corp.,
(P.
O. Oakland 7),
Bond
Offering
G.
—
Wade,
County Clerk, will receive sealed
bids until 10 a.m. (Calif. DST) on
Dated Dec. 15,
coupon
vided
or
as
registered
Hayward
bonds.
Due
Sch.
Dec.
Dist.
fol¬
lows: $15,000 in 1949 to 1971,
15,
as
$20,000 in 1972, and $21,000 in
Enclose
a
certified
check
or
for
$3,500,
payable to the County Treas-
.
Barbre,
San
Lorenzo
Dist.
Sch.
cou¬
nomination $1,000. Due June 1, as
$10,000 in 1950 to 1953,
follows:
$15,000 in 1954 to 1962, $20,000 in
1963 to 1968, and $25,000 in 1969.
AIL bonds
of
subject
call
to
redemption
the
as a
issue
for
shall
be
payment and
whole or in part
$3,000,
payable
County Treasurer.
to
the
174,000 Castro Valley Sch. Dist.
bonds.
Due Dec.
15, as fol¬
1972,
and $6,000 in 1973.
Enclose a
lows:
$7,000 in
certified
or
1949 to
cashier's check for
Bidders
turities
will
the
of
bonds.
delivered
be
The
the
at
office.
A
bonds
County
the bonds of each issue shall bear.
Treasurer's
Bidders will
legal opinion approving the legal¬
ity of the bonds will be furnished
without charge to the successful
be permitted
to bid
rates of interest
different
and
split rates irrespective of the
to
ma¬
stated in the bid must be in
rate
These bonds
ized
the
multiple of y4 of 1%.
a
were
19.
election
Enclose
author¬
held
bidder.
at
satisfactory
on
certified
a
Oct.
check
or
geles, and Redfield & Co., of Pa¬
without charge.
$46,000
build¬
Francisco, approving the va¬
lidity of said bonds, will be fur¬
nished
successful
the
to
bidder
The bonds
$1,000.
follows:
as
election
$50,000
in
1951, and
$55,000 in 1952 to 1971.
Principal
and interest (J-J) payable at the
County Treasurer's office, or at
any of the fiscal agencies of the
County in New York City. Rate of
interest to be in multiple of V4 of
These
interest
the bonds bid for.
be
the
for
bonds, at
and any
offered
for
Each bid shall
entire
amount
of
the
single rate of interest
bid for less than the en¬
a
tire amount of bonds
or
for vary¬
ing rates of interest will be
of the
Board
a
re¬
of
Supervisors. En¬
certified
or
cashier's check
for 3% of the amount of bonds bid
for,
payable
to
the
Chairman
Board of Supervisors;
Contra
Costa
County, Pinole-
(P. O. Matrinez), Calif.
ing bonds offered Nov. 22—v. 168,
awarded
were
—
to
the
American Trust Co., of San Fran¬
cisco.
a
2L4s, at
as
a
price of 100.055,
basis of about 2.24%. Dated Dec.
1,
1948
and
due
on
Dec.
1
from
1949 to 1966 inclusive.
Humboldt
County School Districts
(P. O. Eureka), Calif.
Bond
Offering—Fred J. Moore,
County Clerk, will receive
bids
until
Sch.
County
Butte
Dist.,
ing bonds offered Nov. 22—v. 168,
p. 1947 — were awarded to the
Bank
&
America
of
interest
follows::
as
Trust
of
San
The
inclusive.
Jan.
from
1
due
on
1970
bonds
to
1973
dated
are
terest
building coupon or regis¬
tered bonds, divided as follows:
$5,000 Dow Prairie Elementary
Sch.
Dist.
Dec.
15, 1950 to 1954.
bonds.
$1,500, payable to the County
bonds
Treasurer.
election held
w^r^
Due
authorised
on
$1,000
These
a4
+Ke
Aug. 6, 1948.
Dec. 8 for the
on
registered';
De- ~
Dec. 15, as
follows: $70,000 in 1951 to 1955,
$80,000 in 1956 to 1962, $90„000 in
1963, and $100,000 in 1964 to 1968.
Principal and interest (J-D) pay¬
able at the County Treasurer's of¬
fice. Bidders must specify the rate
acquisition
coupon /or
Dated Dec, 15, 1948.
to
Bidders
will
different
bid
bonds shall
which the
of interest
permitted
be
interest
of
rates
split rates irrespective of
The
to
the maturities of said bonds.
interest rate stated in the bid must
be in
The
multiple of % of 1%.
a
accrued in¬
purchaser must pay
terest from the date of the bonds,,
the
to
1949.
1,
(CST)
purchase of $1,500,000 not to expeed 6% interest construction and
and
Jan.
G. Kelly,
R.
—
tors, will receive sealed bids un¬
til 8 p.m.
bear.
1, 1950 to 1955 inclusive;
$98,000 2y2s, due Jan. 1, 1956 to
1969 inclusive; and $53,500 23As,
on
Offering
Secretary of the Board of Direc¬
a price of 100.05, a
cost of about 2.60%,
Jan.
due
Bond
$23,500 2y4s,
Francisco, at
net
National
Association,
Savings
The cost
of delivery.
date
of
Pasadena City
Sch. Dist. (P. O.
Angeles) Los Angeles
County, Calif.
Los
Sale
Bond
of
Postponement—Sale
$1,100,000 not
building
interest
scheduled for
ally
to exceed 5%
bonds, origin¬
Nov.
30,
was
postponed.
Redwood Elementary Sch.
Dist.,
Del Norte
County (P. O.
Crescent City), Calif.
Bond Offering—Emma Cooper,
County Clerk, will receive sealed
bids until 10 a.m.
(Calif. DST)
Dec. 14 for the purchase of $43,878.50
to
not
building
bonds.
exceed
interest
5%
registered
Dated Dec. 15, 1948.
De¬
coupon
or
nomination $1,000, one for $878.50.
Due Dec. 15, as follows: $2,000 in
1949 to 1969, and $1,878.50 in 1970.
Principal and interest (J-D) pay¬
able at the
to
County Treasurer's of¬
split rates irrespective
maturities
of
the
bonds.
of the
The
in¬
terest rate stated in the bid must
be in
bonds
a
multiple of y4 of 1%.
were
The
authorized at the elec¬
tion
held on Aug. 27.
The legal
opinion of Orrick, Dahlquist, Neff
& Herrington, of San Francisco,
approving the validity of the
bonds will be furnished to the
suc¬
cessful bidder without charge.
Santa
Rita
Union
School
District,
Monterey County (P. O.
Salinas), Calif.
Bond Offering — Emmet G. Mc-
2
p.m.
(Calif.
on Dec. 7 for the purchase
$19,000 not to exceed 5% in¬
Sequoia Hospital Dist. San Mateo
nomination $1,000. Due
( P. O. Oroville), Calif.
Bond Sale—The $175,000 build¬
DST)
of
of
bonds.
Bidders will be permitted to
bid different rates of interest and
Bond Sale—The $362,000 build¬
2055
an
fice.
Hercules Union Sch. Dist.
p.
authorized at
Oct. 21.
the bonds author¬
are
of
rate
were
on
Oroville
Due Jan. 1,
bid
'
Calif.
Marysville Sch. Dist., Yuba County
(P. O. Marysville), Calif,
j
Bond Sale—An issue of $150,000
Dec. 1 from 1949 to 1963 inclu¬
school building bonds was award¬
sive. Second high bid of 100.28 for
ed on Nov. 22 to the American
23/4s was made by the Bank of
Trust Co., of l5an Francisco, as
America National Trust & Savings
iy2s and 2s, at a price of 100.02.
Association, of San Francisco.
Compton City School District
Los Angeles County (P. O.
Los Angeles), Calif.
for
County (P. O. Redwood City),
sadena, jointly, as 2%s, at a price
of 100.284, a basis of about 2.71%.
Dated Dec. 1, 1948 and due on
for
Issue,
made.
the
water
First
is
to
sealed
revenue,
bid
for, payable
Supervisors.
Jr.,
check
the
will be permitted to bid different
rates of interest for different ma¬
Board
certified
cashier's
which
in¬
accrued
delivery, and
state separately the premium, if
any,
offered for the bonds for
bonds
bonds. Due Dec. 15, as fol¬
lows: $14,000 in 1949 to 1972,
and $2,000 in 1973.
Enclose a
pon bonds. Dated Dec. 1,1948. De¬
specify the rate of interest which
and
of
date
San
Sale—The
Bond
City Clerk, will receive sealed
bids until 8 p.m. (MST) on Dec. 9
for the purchase of $320,000 not
to exceed 4% interest sewer and
or
County
Bidders must
to
ing bonds offered Nov. 23—v. 168,
p.
2166—were
awarded to the
William R. Staats Co., of Los An¬
urer.
338 000
the
at
terest
the
follows:
$386,000
ARIZONA
M.
payable
(J-D)
Treasurer's office/.
delivery, and
specify the rate <of
offered
of
di¬
bonds,
1948. Denomina¬
Principal and interest
tion $1,000.
interest
10%
Dec. 7 for the purchase of $898,000
not to exceed 5% interest building
1973.
Tempe, Ariz.
for $1,500, payable to
County Treasurer.
each bid must
.
and accrued in¬
of
check
close
Calif.
cashier's
date
cashier's
jected. Payment for and delivery
E.
These
check
the
bonds will be sold for cash and at
legal opinion of Orrick,
Dahlquist, Neff & Herrington, of
of bonds will be made in the office
Alameda County School Districts
'
Offering—E.
1951
CALIFORNIA
cashier's
Bond
from
1
inclusive. They are optional.
or
County
The
Calif.
1%.
of Little
Rock, bidding on a net cost basis
of 2.97%, was second high bidder.
ern
subject to the approval of Reed,
Hoyt & Washburn, of New York
City. A deposit of 2% is required
of all
County (P.
Los Angeles
O. Los Angeles),
Dist.,
—
syndicate headed by the South¬
either
payment date thereafter, at par
plus accrued interest and a pre¬
mium equal to 12 months' interest
at
1973
certified
a
(J-J)
terest "to
May 21, 1948.
on
1971. .Principal and
payable
at
the
Treasurer's
office.
The
interest
not less than par
authorized at the
were
and $3,000 in
$1,000
15, 1950 to 1963.
bonds
election held
—
mature
Due
bonds.
turities of said bonds. The interest
Sch.
Alameda
The $785,000 water
ized at the election held on Oct.
works improvement bonds offered
15.
The bonds will be sold for
Nov. 30
v. 168, p. 1947 — were
cash only and at not less than par
awarded to T. J. Raney & Sons,
and accrued interest.
Each bid
and the W. R. Stephens Invest¬
must state that the bidder offers
ment
Co., both of Little Rock,
par jind accrued interest to the
jointly, on a bid reflecting a net
date of delivery and
state sep¬
interest cost of about 2.95%. The
arately the premium, if any, and
bonds are dated Nov. 1, 1948 and
the
Jan. 1, 1959 or July 1, 1959, or
upon
Springs, Ark.
1960
redeemable at
the option of the County,
the
ARKANSAS
follows: $7,000 in 1950
and $6,000 in 1960 to
Bonds
of
5%
bid, payable to the
City Treasurer.
Bond Sale
The
for
or
amount of the
Hot
jected all proposals in connection
with its plan to borrow UP to
$1 ,500,000 for school construction
purposes.—V. 168, p. 2055.
will
check
cashier's
certified
a
re¬
Alp.
together
Bond Offering — W. G. Sharp,
County Clerk, will receive sealed
City Treasurer's office. The bids until 10 a.m.
(Calif. DST) on
City will furnish the approving Dec. 7 for the
purchase of $1,150,opinion of Gust, Rosenfeld, Divel- 000 not to exceed
5%
interest
bess,
Robinette
&
Linton,
of school bonds. Dated Jan.
1, 1949.
Phoenix, and all bids shall be un¬ Denomination
demption.
Florence,
charge,
at the
The
prior
to
bidder
with a
certified transcript of proceedings.
Brea Sch Dist Orange County
Tempe.
registered
are
to be derived from the Sewer and
Dothan, Ala.
Bond
The
successful
the
to
the First National Bank of
at
or
nished
without
Dist.
Dec.
-
opinion
of
Dahlquist,
Neff
&
Herrington,
of
San Francisco, approving the va¬
lidity of said bonds, will be fur¬
cash¬
or
$500, payable
Treasurer.
Rohnerville Elementary
Sch.
Clerk, will sell at
legal
for
to the County
14,000
Bidders must
public auction interest thereon to date of re¬ specify the rate of interest which
at 2 p.m. (CST) on Dec. 13, $100,demption plus a premium of V4 of the bonds of each issue shall bear.
000
public improvement bonds. 1% of the principal amount for Bidders will be permitted to bid
Dated Dec. 1, 1948. Due $10,000 each year unexpired from date of different rates of interest and to
Dec. 1, 1949 to 1958. Bidders are call for redemption to the fixed split rates irrespective of the ma¬
invited to name the rate of in¬
maturity date, however such pre¬ turities of said bonds. The interest
terest. No bid will be considered mium not to exceed 5% of the rate stated in the bid must be in a
less than par and only one inter¬
principal amount. Interest J-D. multiple of V4 of 1%.
est rate
may
be named which Notice of such redemption shall
The
certified
a
check
Menamin, Clerk of the Board of
Supervisors, will receive sealed
bids until 11 a.m.
(Calif. DST1)
on
Dec. 13 for the purchase of
$108,000 not to exceed 5% interest
building bonds. Dated Jan. 1, 1949.
Denomination $1,000. Due Jan. 1,
as
follows: $5,000
in-1950 to 1970,
printing the bonds will be
borne by the District. The Board
of
will
Directors
bids
all
rejecting
or
later than
not
action
take
bonds
awarding the
hours
24
the
expiration of the time
prescribed for receipt of
proposals;
provided
that
the
award may be made after the ex¬
piration of the specified time if
after
herein
the
shall
bidder
given
have
not
the
the Board notice in writing of
withdrawal of such
proposal. De¬
livery of said bonds will be made
to
the successful bidder at the
County Treasurer's office as soon
as
the
bonds
prepared,
be
can
which is estimated to
be Jan.
17,
legal opinion of Orrick,
Dahlquist, Neff & Herrington, of
San
Francisco,
approving
the
1949. The
validity of said bonds, will be fur¬
nished
to the successful
bidder
without charge.
These bonds were
authorized at the election held on
June 6, 1947.
able
the
to
Enclose
Stanislaus
a
certified or
$50,000, pay¬
County Treasurer.
check
cashier's
for
County School Districts
(P. O. Modesto), Calif.
Bond Sale—The $155,000
build¬
ing bonds offered Nov. 22—v. 168,
p. 2056—were awarded as follows:
Union
School
purchased by
Empire
$150,000
District
bonds
the
Security-First
National
Bank
of Los Angeles,
at a
price of 100.112, a net interest
cost of about 2.60%, as fol¬
lows:
Jan.
2V2s,
$108,000
1
1952
from
due
on
1965
to
in¬
clusive; and $42,000 2%s, due
on
Jan.
1
from
1966
inclusive. The bonds
Jan. 1,
5,000
1971
dated
1949.
LaGrande
bonds
to
are
School
District
purchased by the
County Employees Retirement
were
Association
as
3s, at
a
price
Volume 168
of
101,
Number 4757
THE
basis of about 2.92%.
a
The bonds
and
dated Oct. 15,
are
Ketcham
&
Strathmore Union High Sch. Dist.,
Tulare
Oct.
on
16 to
1949 to
1959
81,000 3s.
Dec.
on
Dec.
on
more
from
designate.
of Ross,
McCord, Ice & Miller, of Indian¬
apolis, together with a transcript
of the proceedings had relating to
the issuance of the bonds, will be
furnished to the purchaser at the
expense of the City.
Enclose a
certified
or
cashier's check for
sealed
bids
D.
until
11
a.m.
(EST) on Dec. 7 for the purchase
of $1,850,000 2%% general obliga¬
tion
coupon
divided
registered bonds,
or
$375,000 Airport bonds. Due Dec.
1, as follows: $12,000 in 1949
to 1963, and $13,000 in 1964
Fire
Protection
bonds.
Due Dec. 1, as follows: $3,000
in 1949 to 1968, and $4,000 in
Sewerage
Improvement,
in
1949
to
1963,
1949 to 1978.
500,000 Street Improvement,
bonds. Due Dec. 1, as follows:
$17,000 in 1949 to 1968, and
$16,000 in 1969 to 1978.
500,000 Hospital bonds. Due Dec.
'
follows: $16,000 in 1949
1958, and $17,000 in 1959
as
to
to
1978.
at
City
Comptroller's office, or
the option of the holder at the
Chase
City.
National
Bank, New York
Principal and interest
able
from
pay¬
unlimited
an
valorem tax
ad
all taxable prop¬
on
erty,
including
real
property
in the City. Delivery of
the bonds will be made in Atlanta,
located
or
such other place as may agreed
between
upon
purchaser
35
the
City and the
approximately
within
days from
date
of
sale.
bonds have been validated by
Superior
Court
County, and the
of
cost
to
bonds
held
or
will
be
of
the
purchaser.
authorized
on
at
the
cashier's
check
a
are
election
certified
for
$37,000,
payable to the City Council.
IDAHO
Bonners
Ferry, Idaho
Bond Sale—An issue of $150,000
was
sold
power
on
The
—
project
bonds
and
Jan. 1 from
$1,000,000
are
of
dated Oct.
Ripley &
mature
on
headed
&
Trust
Bank,
bonds
Sale—The
2167
p.
—
29
—
awarded
were
Call¬
1,
All of the bonds
are
dated Oct.
1,
1948.
Denomination
$1,000.
Principal and interest payable at
the Liberty Bank & Trust Co.,
Louisville. These bonds
under
are
issued
authority of the constitu¬
tion and statutes of the Common¬
of
Kentucky,
including
Chapter 58 of the Kentucky Re¬
vised Statutes as amended and by
an ordinance of the City Council
unanimously
adopted.
In
the
opinion of counsel, these bonds
constitute valid and legally bind¬
ing obligations of the City, pay¬
able and secured by a closed first
lien
the
upon
water work
of
revenues
the
system, including all
extensions and improvements
made thereto at any time here¬
after.
man
Legality approved by Chap¬
Cutler, of Chicago.
&
Erosion Project of
194|,
general obligation coupon bond*.
Dated Jan. 1, 1949. Denomination
$1,000. Due $3,000 in 1950 to 1961,
.
and
to
First National Bank of
Kennedy & Co., of Boston, Newhard, Cook & Co., of St. Louis,
& Co., Pittsburgh, Tripp
& Co., Inc., New York, M. B. Vick
1, 1959 are op¬ interest cost of about 2.93%. Dated
tional on Nov. 1, 1958 or on any
Dec. 1, 1948 and due on Dec. 1
subsequent interest payment date. from 1949 to 1963 inclusive.
Second high bid of 101.55 for 2s
& Co., of
was
Bender Corp., of
Thomas
Chicago, and the Wachob
Omaha, recently
purchased an issue of $1,600,000
Kingshighway Bridge refunding
revenue bonds, divided as follows:
$110,000 2V2% bonds. Due Dec. 1,
1949.
1,490,000 2%% bonds. Due Dec.
1, as follows: $115,000 from
1950
to
1955
inch, and $100,-
000 from 1956 to 1963 inch
The
bonds
are
dated
Dec.
1,
1948.
Principal and interest (J-D)
payable at the Chemical Bank &
Trust Co., New York. Legality ap¬
proved by Wood, King & Dawson,
of
New
l%s, at
made by Halsey, Stuart & Co.
Bond
Iowa
000
Details—The
construction
Nov.
15
the
to
National
Bank
bonds
$193,-
awarded
Iowa-Des
&
Moines
Trust
Co., and
the White-Phillips Co., of Daven¬
port, in joint account, as pre¬
viously noted in v. 168, p. 2167—
were sold
as
2y4s, at a price of
basis
101.98,( a
The bonds
and
1962
to
are
mature
on
of
about
2.01%.
dated Nov.
1, 1948
Nov.
1
from
1952
inclusive.
York.
KANSAS
Kingshighway (Chain-Of-Rocks)
Bridge crossing the Mississippi
near
St. Louis.
Pana, III.
Bond
Sale—The $200,000 gen¬
eral obligation bonds offered Nov.
22—v. 168, p. 2167—were awarded
to Ballman &
Main, of Chicago.
Nov. 24 to Paine-Rice
Garden
Bonds
000
City, Kan.
Sold—An
water system
issue of $175,-
bonds has been
purchased by local banks as l%s,
at a price of par. Dated Sept. 10,
1948.
Arundel
Glen
Indep. School District,
Sale
to
specify
polis,
Baltimore, at the option
purchaser, and the approv¬
or
of the
ing legal opinion of Albert X
Goodman, Attorney for the Coun¬
ty Commissioners, and of Niles*
Barton, Morrow & Yost, of Bal¬
timore, will accompany the bond*
without charge. A full statement
of the terms and conditions
gov¬
erning the sale of the bonds, to¬
gether with a financial statement
of the
County Commissioners, and
data in; reference thereto
other
which may be desired will be
plied to interested
persons
sup¬
made
upon request to R.
Harry Arnold,
County Commission¬
Clerk of the
All
ers.
bids
shall be
subject to
the terms and conditions set forth
in said statement.
A good faitii
deposit of $1,500 must accompany
each
bid.
Bond Offering—An issue of $6,695,000 bonds will be offered for
sale on Dec. 20. Dated Jan.
1, 1949*
Due
from
Bidders
1952
to
to
name
1964
the
inclusive.
rate
of
in¬
terest.
MASSACHUSETTS
Boston,
Due in 10 years.
awarded to the First Boston
and
the
Chemical Bank
Offering
bidder, named
Trust
rate of 1.07% and
Dec.
6,
1948.
V
Bristol
County (P. O.
Taunton), Mass.
Note Offering—Ernest W.
—
Chairman of the Board
will receive sealed bids until
(EST)
of
a
dated
are
County Sanitary Commission,
the
Corp.,
premium of $110.
Due Oct. 3, .1949.
Calvin
W.
&
Co., both of New York, in joirA
account, at. 1.03% interest, plus a
premium of $103. Halsey, Stuait
& Co., of New York, only other
of
Gray,
on
noon
Dec. 15 for the purchase
$300,000 not to exceed 5%
in¬
1
roy,
ceive
County
Treasurer,
sealed
(EST)
on
bids
until
of
series
Maintenance notes.
Dec.
XX,
15,
bond's.
Dated
Denomination $1,-
coupon
1948.
000. Due Dec. 15, as follows: $10,000 in 1951 to 1974, and $15,000
in
1975 to 1978. Principal and inter¬
est (J-D) payable at the County
Trust
Co.
of
Maryland,
Glen
Burnie Branch, Glen Burnie. Registerable as to principal. Bidders
are
requested to indicate with
$40,000
•
Kil-
will
11
re¬
a.m.
Dec. 8 for the purchase
Tuberculosis Hospital
terest county sanitary commission
1948. Denominations
Dated Dec. 8,.
$25,000, $10,-
000 and
$5,000. Due April 7, 19491
Payable at the National Shawmufc
Bank of Boston and will be deliv¬
ered at said bank
on or
about Dec,
9,1948. The notes will be certified,
as
to
the
genuineness and validity by
National
Boston
Shawmut
under
advice
Bank
of
of
their bids the rate or rates of in¬
Ropes,
Gray, Best, Coolidge & Rugg,. off
terest to be paid on the bonds, on
Boston.
which rate
or
rates their bids
are
submitted; the rates named must
a multiple of Va of 1%, but not
be
more
KENTUCKY
County (P. O.
Burnie), Md.
Mass."
Note Sale—The issue of $5,000,notes
offered
Dec.
1
was
000
Notes
'
Bond
The
subject
the rate or rates of interest.
Thie
bonds will be delivered in Anna-'
a
MARYLAND
Anne
Storm Lake
Payable from a
closed first lien on tolls from the
River
a
and after Nov.
on
1964.
issued
must bid at least par for the bond*
and will be expected to
Inc., Chicago.
Corp.,
be
registration as to principal only
at
the
Annapolis
Banking
&
Trust
Co.,
Annapolis.
Biddeis
curities. Corp., Scharff & Jones,
168, both of New Orleans, Barrow,
the Leary
&
Co.,
of
Shreveport,
Cleveland, Mackey, Dunn & Co.,
Inc., Philadelphia, G. H. Walker
& Co., of St. Louis, F. Brittain
Cleveland
will
sewer
v.
Chicago, as White, Hattier & Sanford, How¬
price of 100.804, a basis ard, Labouisse, Friedrichs & Co.,
of about 1.80%. Dated Nov. 1, 1948
John Dane, Weil & Arnold,, Weil
and due on Nov. 1 from 1950 to &
Co., and Glas & Co., all of New
1968
inclusive.
Bonds
maturing
Orleans, on a bid reflecting a net
First
$2,000 in 1962 to
bonds
Maryland (State of)
LOUISIANA
Bastrop Sewerage Dist. No. 1, La.
Bond Sale—The $500,000 sewer¬
age bonds offered Nov. 23—v. 168,
p.. 1738 — were awarded to a syn¬
dicate composed of Equitable Se¬
$225,000
Nov.
Oct.
and accrued interest.
Chi¬
of
Bluffs, Iowa
offered
Oct. 1 from
Beach
Harris
IOWA
Bond
posed of John Nuveen & Co., Chi¬
cago, Bankers Bond Co., of Louis¬
the
a
cago.
Council
com¬
by
Savings
Co., Inc.,
syndicate
high bid
101.09 for iy2s was made by
syndicate
Madison, III.
Sold—A
1, 1948
July 1 from 1953
to 1957 inclusive. Second
on
inclusive.
wealth
dated Nov.
are
inclusive.
1958, or on
any subsequent interest pay¬
ment date, at a price of 103
may
Bend, Ind.
Sale
The bonds
Dempsey-Tegeler & Co.
Bonds
the
without
These
Oct. 20. Enclose
municipal
Harriman
and
of said
furnished
Jan. 1 from
1, 1948. Second high bid of 100.023
for $85,000 2s and
$165,000 23/4s
was made by an account
composed
Richmond
legality
on
All of the bonds
The
ing, Sibley, Troutman & Kelley,
of Atlanta, whose unqualified ap¬
proving opinion and the executed
on
1962 to 1968 inclusive.
bonds will be approved by Spald¬
bonds
Bond
1973
•
Oct. 1 from
on
37,000 bonds. Due
opinion
$5,000, payable to the City.j
South
1951 to 1961 inclusive.
,
ville,
Dated Dec. 1, 1948. Denom. $1,000. Prin. and int. (J-D). payable
at
bidder
approving
bonds
100
105,000 2%s. Due
and
$7,000 in 1964 to 1978.
150,000 Park
and
Recreation,
bonds.
Due
$5,000
Dec.
1,
1,
the
sewer
bonds offered Dec. 1—v.
(P. O. Murphys¬
168, p. 2167—were awarded to a
horo), III.
Bond Sale—The $250,000 school group
composed of Continental
bonds offered Nov. 22—v. 168, p. Illinois National Bank
& Trust
2056
were
awarded
to -the Co., C. F. Childs & Co., and Paine,
Northern Trust Co., of Chicago, at Webber, Jackson & Curtis, all of
a
price of 100.33, a net interest Chicago, as 1V2S, at a price of
cost of about 2.62%, as follows:
101.17, a basis of about 1.324%.
bonds. Due Dec. 1; as follows:
$8,000
successful
The
County, Murphyshoro
Township High Sch. Dist.
$145,000 2V2S. Due
1969 to 1978.
<225,000
Delivery of
—
to 1978.
100,000
dated Oct.
der.
Jackson
No.
follows:
as
are
1948.
Principal and interest
(A-O) payable at the Harris Trust
& Savings Bank,
Chicago, or at
the First National Bank, Blue Is¬
land. Legality approved by Chap¬
man & Cutler, of
Chicago.
Beckum, Clerk City Council, will
receive
1958
to
on
1,
Thomas
1950
to
1
'
bear, 3%% water bonds:
interest
one
1959
in
Oct.
on
170,000 3s. Due Oct. 1, 1968.
GEORGIA
—
than
150,000 3s. Due Oct. 1, 1968 and
optional on Oct. 1, 1967.
Augusta, Ga.
Offering
not
to
are
multiple of xk of 1%, $13,000 bonds. Due
able
Oct.
optional
All of the bonds
Bond
bonds
a
will
Due
to 1966 incl.
1960 to 1968 inclusive.
i
the
be made within 21 days after sale,
at such bank in the City as the
1 from
1
1959
to
1, 1968
varying
and
inclusive.
Due
1950
from 1960
2%s.
amounts
$94,000 2%s. Due
from
rate shall be named by each bid¬
740,000
follows:
as
•
which
and
1
ceed 6% interest Ftanklin
Manor
the
stated in
inclusive.
the California
Bank, of Los
Angeles, at a price of 100.387, a
net interest cost of about 2.80%,
.
in
$440,000 3s. Due Oct. 1, 1968 and
optional in varying amounts
County, Calif.
Bond Sale—An issue of $175,00C
was awarded on Nov.
school bonds
CHRONICLE
a newspaper published
Neon, Ky.
Bonds Publicly Offered — The
City. Principal and inter¬
est payable at the First National Cincinnati Municipal Bond Corp.,
Bank
of
Huntingburg.
Bidders of Cincinnati, is making public of¬
shall name the rate of interest fering
of the following $50,000
a price of 100.107, a
interest cost of about 2.85%,
follows:
net
as
FINANCIAL
in
cation
Nongard, all of
Chicago, at
1947.
&
COMMERCIAL
than
one
rate shall be named
for the bonds of the
same
matur¬
Dedham Housing Authority, Mas*.
Note Offering—Eugene F. Mal-
loy, Chairman, will receive sealed
bids
at
the
office
of
the
Stale
Housing Board, 18 Tremont Street,
The bonds will be delivered
& Co., Murphy, Favre & Co.. both
INDIANA
until 1 p.m. (EST) on
Hart County (P. O. Munfordville), to the purchaser within a reason¬ Boston,
of Spokane, and Blyth & Co., of
Dec. 6 for the purchase of $280,able time after the sale thereof, at
Kentucky
Huntingburg, Ind.
Seattle, at a price of 100.083, for
000 temporary loan notes.
Dated
Bond Sale—The $225,000 school the office of the County Sanitary
bonds maturing from 1950 to 1958,
Bond Offering — John E.. CarDec. 8, 1948. Due Dec. 8, 1948.
building revenue bonds offered on Commission, or at any incorpor¬ For the
as
2^s, and those due from 1959 rett, City Clerk-Treasurer, will
prompt payment of the
ated bank
or
trust company in
16—v.
168, p. 2056—were
to 1968 inclusive, as 3s. The bonds
receive sealed bids until 11 a.m. Nov.
principal
and
interest on
said
awarded to an account headed by Baltimore, without expense to the
were authorized at an election on
(CST) on Dec. 13 for the purchase
notes, the full faith and credit off
Bros.
&
Boyce, and the purchaser. If the purchaser shall the Authority will be
Nov. 22.
of $120,000 not to exceed 3y2% Stein
pledged and
Bankers Bond Co., both of Louis¬ specify any other place of deliv¬
interest electric utility revenue of
the payment of the principal off
ery, such delivery shall be at the
ville, as follows:
ILLINOIS
1948 bonds. Dated Dec.
and interest on the notes will be
15, 1948.
expense
of the purchaser. The
Denomination $1,000. Due $5,000 $99,000
3V2S.
Due on March 1
guaranteed by the Commonwealth
Bushnell, III.
legality of this issue will be ap¬
from 1950 to 1960, inclusive.
Jan. and July 1, 1950 to 1961. The
pursuant to the provisions of fc
Bond
Sale
Contract
The
proved by Niles, Barton, Morrow
bonds are redeemable in whole or
Contract for Financial Assistance
126,000 9%s. Due 011 March 1
Carleton
D.
Beh
8c Yost, of Baltimore, and the ap¬
Co.,
of
Des
from 1961 to 1968, inclusive.
in part at the option of the City
between the Authority and the
Moines, has obtained an option
proving opinion of these attorneys
on any interest
Commonwealth.
The
said
notes
The bonds are dated Sept. 1,
payment date after
on an issue of $96,000 2%% sewer
will be delivered upon request of
will bear interest at the rate per
issuance, in their inverse numer¬ 1948, and are callable:
bonds
to
mature
the purchaser of the bonds with¬
serially from
ical order, at face value thereof
annum
fixed in the proposal or
1949 to 1962 inch The bonds were
out
charge. Enclose a certified
McCracken County, Lone Oak
proposals accepted for the pur¬
authorized at an election on Nov. plus the following premiums: 5%
check for 2% of the par amount
Water District (P. O.
if redeemed on or prior to Jan. 1,
chase of said notes, will be issued
16.
of the bonds payable to the Secre¬
Paducah), Ky.
in such denominations, and both
1954; 3% if redeemed after Jan.
tary-Treasurer
of
the
County
Cook
County Community High
Bond Sale
1, 1954, and on or before Jan. 1,
The $172,000 4%
principal and interest will be pay¬
Sanitary Commission.
School District No. 218 (P. O.
able at such bank or trust com¬
1959; 1% if redeemed after Jan. water system revenue bonds of¬
Blue Island), III.
1,
1959, and prior to maturity; fered Nov. 23 —v. 168, p. 2167—
Anne Arundel County, Franklin
pany as the purchaser designates
Bond Sale—An issue of $1,500,- plus in each case interest
in his proposal; such bank or trust
to the were awarded to Estes & Co., of
Manor Beach
Taxing and
ity.
—
—
000
school
awarded to
bonds
has
been
syndicate composed
Paine, Webber, Jackson & Cur¬
tis, of New York, Harris Trust &
Savings Bank of Chicago, William
a
of
Blair & Co., of Chicago, WhitePhillips Co., of Davenport, Dempsey & Co., Ames, Emerich & Co.,
date fixed for
redemption. Notice
redemption shall be giv¬
Topeka, and W. N. Estes & Co.,
of Nashville, in joint account, at
en
at least 30 days prior to the a price of par. Dated Nov. 1, 1948
date fixed for such
redemption and due on Nov. 1 from 1953 to
The bonds ma¬
by one publication in a newspaper 1979 inclusive.
or
financial
journal of general turing from 1959 to 1979 are op¬
circulation published-in the City tional. Only one bid was submit¬
of Indianapolis and by one publi¬ ted for the issue.
of
such
Assessment District (P.
O.
Annapolis), Md.
Offering — The Board of
company must be a member of the
Federal Reserve System and must
have
trict, wil receive sealed bids un¬
til 2 p.m. (EST) on Dec. 14 for
an
unimpaired capital and
surplus of not less than the ag¬
gregate principal amount of notes
designated in the proposal or pro¬
posals submitted by the purchas¬
the purchase of
er,
Bond
County Commissioners,
the
District
Council
of
acting
the
as
Dis¬
$42,000 not to ex¬
provided, however, that such
58
(2374)
unimpaired
need
not
notes
THE
COMMERCIAL
capital and surplus posit & Trust Co., of Boston, at
$1,000,000. The U.69% discount, plus a premium
provide that they are of $7. Due in 6V2 months. The
exceed
will
not valid until after such bank or
Merchants National Bank of Bos¬
trust
ton, second high bidder, named
rate of 0.698%.
has
company
agreement,
note, to act
the
signed
appearing
each
on
paying agent.
as
The
Authority will furnish an opinion
Ely, Bradford, Bartlett, Thomp¬
son & Brown, of Boston,
approv¬
ing the validity of the notes and
Middlesex
County (P. O.
Cambridge), Mass.
Note Sale—The $81,000 Walden
the
of the
guarantee
payment
of the principal and interest on
said notes by the Commonwealth.
The expense of such opinion will
be
borne by the Authority.
Essex
County (P. O. Salem), Mass.
ley,
County
ceive
Treasurer,
sealed
bids
will
until
re¬
11
(EST) on Dec. 7 for the purchase
$200,000 Tuberculosis Hospital,
Act of 1947 coupon bonds. Dated
Dec. 1, 1948. Denomination $1,000.
Due $20,000 Dec. 1, 1949 to 1958.
Bidders to
the
name
rate
of
in¬
terest in a multiple of xk of 1%.
No bid for less than par and ac¬
crued interest. Bids for all
Merchants
Salem,
National
gen¬
uineness
by the National
mut Bank of Boston.
proved
by
Shaw-
Legality ap¬
Gray,
Best,
Ropes,
Coolidge & Rugg, of Boston.
Essex County (P. O. Salem), Mass.
Note
Sale
The
—
$59,000 notes
offered Nov. 23—v. 168, p. 2168—
were
awarded
to
the
National
Shawmut
Bank, of
to
Dated
0.945%.
$27,000
2272
p.
the
Is, at
1,
1948
and
Dec.
on
1 from 1949
Second high bid
of 100.019 for Is
made
was
by the
2163—
p.
Co. Inc., of New York, as l3/4s, at
price of 101.15,
a
basis of about
a
1.58%. Sale consisted of:
school
Due $20,000
$300,000
1949 to
bonds.
Dec.
on
1
Dec.
bonds.
1, from
awarded
were
are
dated Dec.
1, 1948. Second high bid of
for l%s was made by a
composed of F. S. Moseley
E. H. Rollins & Sons, and
101.04
group
& Co.,
Lyons
Shafto.
&
Authority,
Quincy Housing
Sale—The
Note
000
offered
notes
of
Mass.
$400,-
Nov.
29—v.
issue
on
1966
inclusive.
Sale
—1
inclusive.
School
District, Mich.
Note Sale—The issue of $35,000
to the
the
and
April 1,
Each
issue
is
dated
Nov.
Nov. 29
Holyoke, Mass.
Bond Sale—The $67,000 munic¬
ipal relief bonds offered Nov. 24
—v.
168,
2163—were
p.
awarded
to R. W.
Pressprich & Co., of New
York, as iy4s, at a price of 100.519, a basis of about 1.04%. Dated
Dec.
1,
1948
and
due
Dec.
on
from 1949 to 1952 inclusive.
ond
high bid of
100.46
for
1
Sec¬
iy4s
was made
by the Merchants Na¬
tional Bank of Boston.
V
"
•
*
/
-
.
Massachusetts (State of)
Bond Sale
bonds offered
2168—a total
on
of
$6,090,000
were
awarded to
of
First
to
1953, and $5,000 in 1954 to 1963.
Principal and interest payable at
Jackson, the
2%% interest.
only
bidder,
at
a syndicate
composed
Boston
Corp., Harriman
Ripley & Co., Inc., Estabrook &
Co., Kidder, Peabody & Co., Stone
& Webster
Securities Corp., F. S.
Moseley & Co., R. L. Day & Co.,
Bidders
er.
•
minal bonds
as iy2s. Due on
Dec. 1 from 1949 to 1968 in¬
clusive.
,
1,400,000
ties
Boston
bonds
Dec.
1
Harbor
as
from
iy2s.
Facili¬
Due
1949 to
on
1968 in¬
1%. No bid
accrued
ered.
Metropolitan
Water
District bonds
as l3/4s. Due on
Oct. from 1949 to 1978 inclu¬
sive.
The balance of
$860,000 Sinking
Fund
Refinancing bonds were
awarded to
of
Glore,
an
York, Drexel
and
as
&
1.90s, at
a
composed
&
& Co..
Roosevelt
York,
account
Forgan
Co.,
New
Philadelphia,
Cross, of New
price of 100.53,
net interest cost of
about 1.79%
to call date.
Due Dec. 1, 1970 and
a
callable
on
any interest payment
date after five
years from date of
issue.
The
bonds
are
dated
Dec
1, 1948.
Middlesex County (P. O.
£a»f
Cambridge), Mass.
Note Sale—The issue
notes
offered
awarded
to
the
on
of
$300,000
Nov.
Boston
23
Safe
was
De¬
a
to their
and
rate
of less than par and
will be consid¬
The bonds will
tional
the
multiple of y4 of
interest
be
certified
genuineness by the Na¬
Shawmut
Bank
of
Boston
their
legality will be ap¬
Storey,
Thorndike,
Palmer & Dodge, of Boston, whose
whose opinion will, be furnished
proved
by
the purchaser. Bonds will be de¬
livered to the purchaser at the Na¬
tional Shawmut Bank of Boston,
against payment in Boston funds.
Dec.
1,
1948.
of notes
to
be
MICHIGAN
awarded to
were
posed
Ira
a
syndicate
of Detmer &
com¬
Co., Chicago,
Haupt & Co., and Laidlaw &
Co.,
both
of
New
York, Fidelity
Union Trust Co., of
Newark, Wm.
E. Pollock & Co., of New
York,
Co.,
of
Loeb
Savings Bank & Trust
Cincinnati,
Newburger,
&
Co., of New York, A. G.
&
Son, of St. Louis,
Thomas
&
Co., of
Pittsburgh,
Tripp & Co., of New York, Wurts,
Dulles & Co., of Philadelphia, McDougal & Condon, of Chicago,
Van Lahr, Doll &
Isphording, of
Cincinnati, J. B. Hanauer & Co.,
of Newark, and L. W. Simon &
Co., of Cleveland. The group paid
a price of
100.23, net interest cost
1.959%, for the bonds
as
1950.
475,000 3s. Due Dec. 1, 1951.
875,000 iy2s. Due Dec. 1, 1952 to
1954 inclusive.
900,000 l%s. Due Dec. 1, 1955 to
1957 inclusive.
1,075,000 2s. Due Dec. 1, 1958 to
1963 inclusive.
the
First
Minneapolis.
preferred
own
according
the printed
bonds, and the ap¬
expense
executed
proving
legal
opinion of Dorsey,.
Colman,. Barker, Scott & Barber,
of Minneapolis.
Delivery of the
purchaser's
option.
Enclose
a
certified
or
cashier's check for $1,800, payable
to the County Treasurer.
Hennepin County, Hill Common
Nov,
23
J.
to
M.
Co.,
1.70s, at
of Minneapolis, as
price of 100.118, a basis
a
about
100.18
1.67%.
for
Second
l%s
Piper, Jaffray
Minneapolis.
high bid
made
by
Hopwood,
of
was
&
Bond
follows: $5,000 in 1950 to
as
and
1967.
$10,000 in 1968, with option
Village to call the bonds
the
for payment in the
and
on
after Dec.
inverse order
1, 1960, at
par
No.
22
„
(P. O.
H.
White, District Clerk, will receive
sealed bids until 8 p.m.
(CST)
Dec. 10 for the purchase of
on
$150,-
000
building coupon bonds. Dated
1, 1948. Denomination $1,~
Dec.
000. Due Dec.
1, as follows: $8,000
1966, and $6,000 in
Principal and interest pay¬
able at any suitable.bank or trust
company designated by the suc¬
in
Caledonia, Minn.
Offering—H. E. Wisland,
District
Crystal Bay), Minn.
Bond
Offering — Emory
168,
v.
—
awarded
School
1949
to
1967.
cessful
bidder.
Bidders
are
re¬
quired to state the desired inter¬
est
y4
rate
rates in
or
1/10 of
or
1%.
multiple of
a
No bid of less
than par and accrued interest will
considered.
be
The
District
adjourn the sale if deemed
may
necesj
The District will furnish the
sary.
printed bonds and approving legal
opinion of Faegre & Benson, of
ignated
after
Kalamazoo and
and will be delivered at said
Cooper Townships
Fractional School District No. 8
Bond
Sale—The
school bonds
000
issue
of
offered
$185,-
Nov.
29
awarded to the First National
was
Bank &
Trust Co., of Kalamazoo,
and
interest.
accrued
by
the
The
bonds
successful
bidder
place
of payment or at the purchaser's
office within 30 days after the
date
of
sale.
Bids
be
may
multiple of V\ or 1/10
The Village will furnish
1%.
of
are
dated
Dec.
31, 1948.
$1,000.
Due
June
30, as
to 1951,
$35,000 in 1949
$40,000
in 1952 and
and
cashier's
Gazette and
in
the
Mich¬
igan Investor at the option of the
Board of Education, on any one
or
more
interest payment dates
on or after June
30, 1952, in in¬
bank
or
Sale
draft for
fund
168,
v.
a
bonds offered
p.
on
Nov.
23—
2057—were awarded to
group composed of First Nation¬
al Bank of
value thereof and accrued interest
Minneapolis, First Na¬
of St. Paul, and the
Columbia Heights State Bank, Pf
Columbia Heights, as 214s, at a
price of 100.285, a basis of about
plus
2.18%. Dated Nov. 1, 1948 and due
numerical order at the
verse
par
premium of J/2%. Rate of
a
interest
to be in multiple of y4
Principal and interest pay¬
of 1%.
able
&
at
First
the
Trust
National
Bids
approving opinion
of
Miller,
Canfield,
Paddock
&
Stone, of Detroit, which opinion
will
be
furnished, without ex¬
pense,
to the purchaser of the
bonds prior to the delivery there¬
of.
The
District
shall
furnish
bonds
ready for execution at its
expense. Bonds will be delivered
at
Kalamazoo, or at such other
place as may be agreed upon with
the
purchaser.
for
each
one
The
interest
period
coupon
bond shall be at
Linden,
Bond
fered
Nov.
on
rate
one
rate
any
only.
Mich.
Sale—The
supply system
$86,000 water
bonds of¬
revenue
22—v.
dated
ture
on
Feb.
inclusive.
1960
to
Sept. 1,
1
168,
2168—
p.
1977
1948
from
The
and
1953
bonds
to
due
ma¬
1977
from
—v.
to
168,
are
callable.
bonds offered
p.
Ironton,
Feb.
Everts
1
from
Bond
Offering
Town
bids
Dec.
8 for the
to
until
exceed
bridge
bonds.
—
Clerk,
oral
and"
to
incl.
1958
(P. O. Battle Lake), Minn.
Rowe,
not
1951
2
Lawrence
exceed
(CST) on
purchase of $6,000
interest road
construction
coupon
Dated Jan. 2, 1949. Denom.
$500.
Due
$500
as
$7,500
fire
1951 to 1965.
terest
Jan.
nated
by
ders to
may
be des¬
the Town
name
the
desig¬
Board. Bid¬
at
legal
Rosengreri &
opinion
of
must
the
on
2168—were
Merrill Lynch,
Nov. 22
awarded
Pierce, Fenner
& Beane, and S. R. Livingstone &
Co., both of Detroit, jointly, at a
price of 100.08, a net interest
cost of about 2.06%, as follows:
be
livered at any place designated by
Fergus
St.
Paul.
right
and
Falls.
The
Minneapolis,
Town
reserves
or
the
to
to
authorized
eral election
certified
reject any and all bids
adjourn the sale. A certi¬
fied check for 3% of the par value
of the bonds, payable to the Town
—
a
for
Henry Ander¬
Village
Clerk, will receive
bids until 7 p.m. (CST) on
10 for the purchase of $55,-
son,-
sealed
Dec.
000
permanent improvement re¬
volving fund bonds. Dated Jan. 1,
Denomination
1949.
$1,000.
Due
follows: $5,000 in 1951
1955, and $6,000 in 1956 to 1960.
1,
as
A certified check for $1,000,
is
re¬
quired.
MISSISSIPPI
;
Batesville
Special
Consolidated
School District (P. O.
Batesville), Miss.
Bond
Sale
struction
8—v.
to
168,
p.
First
the
Memphis,
net
—
The bonds
National
bid
a
of
cost
sold
were
3V4s.
from
1949
Due
to
165,000 3s. Due
1956 to
"•*
on
con¬
Nov.
1967
of
about
a
3.13%.
follows:
as
on
Sept.
15
inclusive.
Sept. 15 from
inclusive.
Due
to
Bank
reflecting
1955
on
1966
3V4s.
from
$375,000
offered
1949—were awarded
on
interest
$105,000
The
bonds
Sept. 15
inclusive.
on
1973
Forrest
County (P. O.
Hattiesburg), Miss.
Chancery
2V2%
sealed bids until 11
drainage
coupon
bonds.
1, 1948. Denomination
check
Minn.
Offering
sealed bids until 2 pm. (CST) on
Dec. 7 for the purchase of $90,000
Dated Dec.
are
gen¬
Enclose
cashier's
M'.laca,
Bond
105,000
County (P. O.
Blue Earth), Minn.
Bond Offering — G. G. Buscho,
County
Auditor,
will
receive
the
$1,000."
Treasurer, is required.
Faribault
the
Village
These
at
Nov. 2.
on
or
,
the successful bidder in the cities
of
unconditional.
bonds
Dell,
Rufer, of Fergus
Falls, both without cost to the
purchaser. The bonds will be de¬
name
Principal and in¬
is pledged to the payment of both
the principal and interest. All bids
the rate of interest.
The Town will furnsih the printed
and executed bonds and the ap¬
Bidders to
payable at the First Na¬
Bank, of Minneapolis. The
tional
to
as
by the purchaser
purchase and so
equipment
full faith and credit of the
house in the State
of
fighting
rate of interest.
Jan.
ignated
follows:
Dated Dec. 31, 1948. Denomina¬
tions $1,000 and $500. Due Dec. 31,
2, 1951 to
1962. Principal and interest (J-J)
payable at any suitable banking
time
Minn.
—
3% interest coupon bonds,
divided
p.m.
21/2%
Offering
receive
will
District
E. J. Taleen,
Village Clerk, will receive sealed
bids until 8 p.m. (CST) on Dec. 7
for the purchase of $16,500 not to
-
Marsha'l, Mich.
Bond Sale—The $200,000 first
mortgage electric power system
revenue
Bank
proving
were
awarded to Merrill Lynch,
Pierce, Fenner & Beane, of De¬
troit, as 3%s and 3V2s. The bonds
are
on
Bank
Kalamazoo.
Co.,
tional
the
to
a
for
7,000 truck purchase bonds.
2,000 Village Hall repair bonds.
$150,000 per¬
improvement revolving
manent
check
bonds.
The
—
payable
Bond
Columbia Heights, Minn.
Bond
Bonds
mazoo
$3,000,
Enclose
cashier's
or
Treasurer.
$2,500, payable to the Village.
1953.
maturing in 1953 will be
subject to redemption on a 30day published notice in the Kala¬
check
acceptance of bid.
certified
sub¬
iy2s, at a price of par. Second printed bonds and approving legal
high bid of 100.106 for $35,000 3s opinion of Faegre & Benson, of
and' $150,000
Vks was made by Minneapolis, without cost to the
Halsey, Stuart & Co. Inc., Chicago. purchaser. Enclose a certified or
Bonds
Minneapolis, both without cost to
purchaser, and delivery there¬
will be made within 30 days
the
mitted stating one or more inter¬
est rates in
as
follows:
$675,000 4s. Due Dec. 1, 1949.and
at
of
of
Edwards
of about
in
highest amount of premium
The County will furnish
its
at
and
will be made payable at any suit¬
able bank or trust company des¬
qualified
Detroit, Mich.
Bond Sale—The $4,000,000
pub¬
lic utility street railway bonds of¬
fered Nov. 30—v. 168,
p. 2273—
be
option of the purchaser.
15, 1949. Principal and
payable at the Jackson
City Bank & Trust Co., Jackson.
Jan.
Due
shall be conditioned upon the un¬
Provident
clusive.
3,090,000
shall,name
of interest in
all of New
York;
& Stubbs, of
Whiting, Weeks
Boston, and Lee Higginson Corp., New
York, at a
price of 100.15, a net interest
cost
of about
1.639%, as follows:
$1,600,000 Boston Harbor Ter-
dated
form
follows:
Bank
&
of
of
the
at
Boston, or at the City Treasurer's
office, at the option of the hold¬
Shawmut
Bids
will
$5,000
.
Ironwood, jointly, at 4%
Denom.
National
offered
1845—were
Dain
Gogebic National Bank
Metals Bank,
of
of
the
as
Of the $6,950,000
Dec. 2—v. 168, p.
—
receive
sealed bids until 11 a.m.* (EST) on
Dec. 7 for the purchase of $80,000
coupon water bonds. Dated Dec.
1, 1948. Denomination $1,000. Due
Dec. 1, as follows: $6,000 in 1949
bonds
p.
National
of
(P. O. Parchmont), Mich.
^ill
City Treasurer,
MINNESOTA
award¬
was
awarded to the National Bank
was
Bond Offering—Arthur T. Brennan,
payable
Bank,
Bayport, Minn.
Bond Sale—The $45,000 funding
Village Clerk, will receive sealed
bids until 2 p.m. (CST) on Dec.
interest.
3 for the purchase of
$100,000 per¬
Jackson Union School District,
manent
improvement
revolving
Mich.
fund bonds. Dated Dec. 1, 1948.
Note Sale—The issue of $240,000 Denomination
$1,000. Due Dec. 1,
both
Salem, Mass.
23,
1948.
The
Merchants
National
Bank of Salem, second
high bid¬
der, named a rate of 0.71%,
/
ton, second high bidder, named a
rate of 0.96% and a premium of
$29.
National
Mich.
1958
notes offered
First
Wakefield.
of
from 1949 to
the
at
of
he
interest
Due
15,
payable
are
chased as 3s, at par, by tne City
Cemetery Board, the only bidder.
The bonds are dated Aug. 1, 1948
and
mature
serially on Feb. 1
National
25,000 industrial farm notes. Due
Feb. 10, 1949.
%v
bonds
provement bonds offered on Nov.
16—v.
168,
p.
1949—were pur¬
$34,000 tuberculosis hospital main¬
notes.
O.
Sale—An
$150,000 cou¬
special assessment street im¬
pon
are
1949.
(J-D)
and
Wakefield,
at
4%
interest. bonds will be made
within 10 days
Sept. 16, 1948 and due Jan.- after
acceptance of bid, acceptance
1949.
Principal and interest thereafter to be at the
Bank
Boston, at
0.70% discount. Sale consisted of:
>v
The
subject to prior redemption.
and
tenance
est
to the
Nov. 22 to the First National Bank
of
Notes
of Bos¬
1956,
Principal and inter¬
Dated
Denom.
Bank
1,
Township Sch. Dist.
Wakefield), Mich.
issue of $17,000
tax anticipation notes was sold on
(P.
Note
Lynch,
as 3M>s. Dated July 1,1948
due on July 1 from 1951 to
Boston,
at 0.848% interest.
Dated Dec. 1,
1948 and due on Dec. 1, 1949, The
Shawmut
July
Wakefield
and
168, p. 2272—was awarded to the
Second National Bank of
dated
are
and
National
callable.
are
1955
offered.
jointly,
ed
All of the bonds
Merrill
to
bonds
in
1957 to 1967.
July 1 from
on
1948
$1,000. Due Dec. 1, as follows: $11,000 in 1953, $10,000 in 1954,
$7,000
inclusive.
1968
to
and
from
1
$16,000 water
Pierce, Fenner & Beane and S. R
Livingstone & Co., both of Detroit,
Ironwood
Due $5,000
1949 to 1960
1948
July
on
1964 inclusive.
to
1965
Mich.
Sale —The
from
inclusive.
net
a
supply system revenue oonds 01fered on Nov. 22—v. 168, p. 2057—
1963 inclusive.
60,000 school
on
building
on
Due
2s.
The
Elsie,
Bond
Holland
awarded to Halsey, Stuart &
were
based
1957 inclusive.
to
1958
July 1 from
on
60,000 2y4s. Due
being
1952
2.025%.
Bond
168,
$60,000 l?4s. Due
interest cost to the City of about
North
Attleborough, Mass.
Bond Sale—The $360,000 bonds
dated Dec.
are
Monday, December 6,
80,000
tender
Day Trust Co. of Boston.
offered Nov. 22—v.
bonds
CHRONICLE
the
Second
as
basis of about
a
Dec.
1951 inclusive.
to
notes
168,
Boston,
price of 100.112,
a
Shaw¬
mut Bank of
Boston.
The bonds
will be engraved under the
super¬
vision of and certified as to
awarded
National Bank of
Bank,
at the National
or
Reservation
Nov. 26—v.
on
—were
or none.
Principal and interest payable at
the
offered
a.m.
of
Station
Pond
due
Bond Offering—James D. Bent-
All of the
FINANCIAL
1, 1948. Runner-up in the bidding
was
a
syndicate headed by the
Bankers Trust Co., of New York,
East
of
of
a
&
Bond
Dec.
7
Offering—Geo. W. Causey,
Clerk,
for the
will
receive
a.m. (CST) on
purchase of $450,-
'
*
Volume 163
000
bridge
1049.
,
,
•
.
Number 4757
bonds.
Dated
Denomination
$45,000
Jan.
$1,000.
THE
1,
Due
March
*
•
of
sale,
interest
purchaser, subject to approval of
the Board of Supervisors. Bidders
both
principal
payable in
be
to
semi-annual
and
requested to designate in their
.bids, the.price they will pay for
,
time
and
1, 1950 to 1959.
Principal and interest payable at
the place to be designated by the
are
;
the
COMMERCIAL
the bonds bearing interest at the
rate
rates likewise to
or
ignated
in
their
bid's;
be
des-
provided,
however, that all bonds of the
same
installments
during
period of 20 years from the date
a
of issue. If serial bonds
issued
are
sold, ,they will be in the
amount of $2,500
and $200; the
sum of $2,700 of said serial bonds
will
become
due
and
payable on'
like amount on
Jan. 1, 1950, and a
the
day each
same
until
all
of
such
that
except
thereafter
year
bonds
the
paid,
installment
last
are
maturity shall bear interest at the
.
;
will
same
The bonds will be redeemable in
rate, which shall be an even
multiple of Vs of 1%. The County
will furnish the printed bonds and
the legal opinion of Charles &
Trauernicht, of St. Louis. Delivery
of the
bonds
before
Feb.
will
be made
7, 1949, at
be. designated by
the
.
without
cost
Enclose
; check
.
to
the
certified
a
on
or
place to
purchaser
purchaser.
a
-
cashier's
or
exchange for $9,000, payable to the County.
or
Lauderdale County, Miss.
Correction—Report in
21.68
:
of. the
sale
of
issue
an
$50,000 school bonds
10 years after the date of is¬
sue
or
interest payment date
and that said bonds
any
thereafter,
shall
be
sold
subject to passage
a validating act
by the State Legislative Assembly
and delivery had to the success¬
ful purchaser after approval and
and
approval
of
passage of said
bonds
will
Clayton, Mo.
;
Bond Sale—The issue of $675,000 municipal improvement bonds
to
a
Nov. 24
composed of Mercan¬
group
tile-Commerce Bank & Trust
for
less
not
the
bonds
Co.,
St.
at
The
par.
City Council reserves the right to
reject any and all bids and to sell
private sale. Enclose
certified check for
$2,500,
pay¬
able to the above Clerk.
1
by
rate
of
Cedar
Rapids, Neb.
Bonds Sold—An issue of $7,500
street
improvement
bonds
has
Wachob-Bender
authorized at
100.03,
election
net interest cost of about
$216,000 2s.
Due
1949 to
Feb.
on
1957 to
Due
1962 to
bonds
Feb.
on
dated
are
Cutbank,
from
a
ple of 1/20
1%
must
of
1,
on
—were
Dec.
awarded
City
Clerk,
bids
until
Bank
20
-
to
of
than
$1,500,000 nor more than $1,501,000. In selecting the proposal
accepted, the City will not
consider proposals which name a
to be
rate
of
interest
higher than the
lowest rate named in any legally
acceptable proposal; and if two or
such
more
proposals name the
lowest rate, the proposal offering
to
the least amount of
bonds (such bonds being the first
maturing bonds) will be accepted,
accept
unless
two
the
name
or
the
that
of
one
such
interest
from
the
bonds.
Amortization
the
be
serial
;
first
bonds
and
will be the
bonds
choice
sec-
ond choice of the Council.
\
interest, plus
a
100,000 to the Hartford National
Co., of Hartford, at
The notes
dated
are
Dec.
1948 and mature on Nov. 15,
1949.
The
Amoskeag
National
Bank of Manchester, second high
bidder, named a rate of 0.98%,
plus a premium of $25, for the
entire loan.
•
*
10,000
Sewer
*
Improvement
bonds.
Amortization
will
the
first
bonds
will
be
serial
choice
ond
-
40,000
of
Storm
choice
the
sec-
Nashua
be
the
offered
Improve¬
•*'
Amortization
be
serial
and
the
choice
second
of
.of
Dated
2,
be
subject
to
prior payments
or
redemption and.!
said date and
any interest payment date there¬
after at par and accrued interest.
will
interest
be
sold
for
less
not
date
must
bidders
all
of
state the
to
-,
Inc., and
delivery
and
lowest
Bank
P.
Morgan
The
der.
successful
be furnished
Bank & Trust
plus
a
all
the
of
for
one,
issues.
bond
general election
on
any
These
authorized
bonds
the
are
submitted
be
must
or
and all bids and to sell
at private sale.
Bids
any
bonds
at
the
Nov. 2.
Co., of Hartford
The
check for
Bond
Offering—L.
will
City- Clerk,
bids
until
8
p.m.
Wright,
G.
receive
(MST)
sealed
on
Dec.
1948 and mature
The
Second
Nashua,
named
dated
are
15,
Nov. 15, 1949.
on
National
Bank
high
second
interest
an
Dec.
of
bidder,
rate
of
0.96%
$30,000, payable to the
first
choice
and
serial
second choice of the
If
amortization
and sold
put
the
into
be
the
bonds
the
City Council.
bonds
are
entire issue may
one
single
bond
divided into several bonds
Council
may
issued
determine
as
upon
be
or
the
at
Bond
City
bids
9
Clerk,
until
for
not
Offering
to
—
will
11
John
F. Lee,
receive
the
exceed
6%
interest
Denomination $1,000.
as
sealed
(EST) on Dec.
purchase of $1,500,000
a.m.
emer¬
regis¬
1949.
Due Jan. 1,
follows: $50,000 in 1950 to 1955,
$60,000 in
in
1956 to 1960, and $75,-
1961
payable
on
to
or
1972.
The
bonds
(M-N)
Cinnaminson
1, 1948.
specify in
of
1%
payable
Bank
Each
Riverton.
a
proposal
will
Heights,
N.
J.
Offering—Robert I.
the
lowest
rate
follows:
as
Due
$4,000
15,
1949
to
26,000 Sewer bonds. Due Dec. 15,
as follows:
$2 500 in 1949 to
1957, and $3,500 in 1958.
Dated Dec.
15, 1948. Denomina¬
tions $1,000 and $500.
Principal
and interest (J-D) payable at the
Peoples Trust Company of Bergen
(Hasbrouck
in
two
or
opinion of Reed, Hoyt & Wash¬
burn, of New York City, that the
are valid and legally bind¬
ing obligations of the Town. En¬
ac¬
cept the same least amount, then
to
the
bidder
offering
to pay
therefor the highest price.
The
successful
will
bidder
fur¬
be
nished with the opinion
of Haw¬
Delafield & Wood, of New
City, that the bonds are
and legally binding obliga¬
of the Board of Education.
kins,
tions
These
the bonds authorized at
are
of
vote
check
the
to
28, by
Enclose
251.
cashier's
or
payable
$6,000,
Sept/
on
to
484
a
for
Board
of
Education.
Pennsauken
Township
Pennsauken),
N.
Township
will
Clerk,
bids
sealed
ceive
until
8:15
re¬
p.m.
(EST) on Dec. 13 for the purchase
of $109,000 not to exceed 6% in¬
terest coupon or registered bonds,
divided
submitted
bid
for
must
B
.
named must be
multiple of 1/20
1%, and must be the same for
of
all of the bonds bid for.
chase
The pur¬
price specified in the
pro¬
posal must not be less than $46,000
nor
more than $47,000.
The suc¬
cessful
bidder
will
furnished
be
with the
opinion of Reed, Hoyt &
Washburn, of New York City, that
the bonds are valid and legally
binding obligations of the Bor¬
ough. Enclose a certified or cash¬
ier's
for
check
or
check
treasurer's
$920, payable to the Borough.
Lakewood
Township
(P.
O.
Bond
Sale—The $40,000 2%%
refunding bonds offered on Nov.
26-—v. 168, p. 2169—were awarded
B.
J.
of New
a
basis
Van Ingen & Co., Inc.,
York, at a price of 101.159,
of
June
1,
from
1952
ond
about
1948
to
2.57%.
Dated
Dec.
1
and
due
1959
inclusive. Sec¬
high bid of 101.078
D
combination
as
on
was
made
mature
Dec. 1,
1949, $15,000
1953, $10,000 in 1954,
in
1950
to
1957, 5,000 in 1958, and $2,000 in
1959. Principal and interest (J-D)
payable at the Pennsauken Town¬
ship National Bank, North Merchantville, or at the option of the
holder, at the Philadelphia Na¬
tional Bank, Philadelphia. Each
proposal must specify in a muL
tiple of Vs or 1/20 of 1% a single
to
are
be
of
interest which
bear, and
considered
no
the
bonds
proposal-will
specifies a
which
rate
higher than the lowest rate
stated in any legally acceptable
proposal.
Each
proposal
must
the
state
amount
bid
for
the
which shall eb not less
than $109,000 nor more than $110,bonds,
000.
30—v.
The succesful bidder will be
furnished
2169— $2,180, payable to the Township.
were awarded to a syndicate com¬
posed of F. S. Smithers & Co.,
Secaucus, N. J.
Mackey, Dunn & Co., Tripp &
Bond Offering — Alexander
Co., Minsch, Monell & Co., all of
Schiesel, Town Clerk, will receive
New York, and Schmidt, Poole &
sealed bids until 8 p.m. (EST) on
Co., of Philadelphia, as 1.35s, at
Dec. 14 for the purchase of $57,000
a price of 100.05, a basis of about
not to exceed 6% interest emerg¬
1.34%.
Dated July 1, 1948 and
ency housing coupon or registered
due $140,000 annually on July 1
bonds.
Dated Dec. 1, 1948.
De¬
from 1951 to 1960 inclusive. Sec¬
nomination $1,000.
Due Dec. 1,
ond high bid of 100.02 for 1.35s
as follows: $4,000 in 1949 to 1960,
was made by an account composed
and $3,000 in 1961 to 1963. The
of Kean, Taylor & Co., and.the
bonds payable on or after Dec. 1,
Mercantile-Commerce
Bank
&
1954, being redeemable at par, as
Trust Co. of St. Louis.
a whole or in part, at the option
of the Town on any interest pay¬
Palmyra School District, N. J.
Bond
Offering
—
168,
p.
Marie L. Mc-
Dermott, District Clerk,
ceive
sealed
bids
until
will
8
re¬
p.m.
ment date
no
proposal will be con¬
specifies a rate
which
higher than the lowest rate stated
in any legally acceptable propo¬
sal. Each proposal must state the
amount bid for the bonds, which
shall be not less than $34,000 nor
more
than $35,000. The success¬
opinion of Hawkins, Delafield
of New York City, that
the bonds are valid and legally
& Wood,
binding obligations of the Bor¬
Enclose a certified or cash¬
ier's check for $680, payable to
the Borough.
ough.
Sale
N.
offered
bonds
J.
Of the $1,217,000
—
municipal
various
on
improvement
2—v. 168,
Dec.
2274—a group composed of Ira
p.
Haup't & Co.,
& Co., and C. F. Childs &
of New York; J. R. Ross
beginning with Dec. 1,
.
NEW MEXICO
$8,000 in 1955- and 1956, $7,000 in
Hawkins,
Nov.
sidered
follows: $9 000 in
with
the
opinion
of
Delafield & Wood, of
New York City, that the bonds
New Jersey (State of)
are valid and legally binding obli¬
Bond Sale—The $1,400,000 series
gations of the Township. Enclose
emergency housing bonds of¬ a certified or cashier's check for
fered
of interest which the bonds are to
bear, and
of about 1.819%.
C
Dec.
$1,000.
rate
Lakewood), N. J.
,
Dated
Bank, Tenafly. Each pro¬
posal must specify in a multiple
of Vs or 1/20 of 1%, a single rate
will
series
Improvement,
bonds.
tion
tional
1, 1948. Denomina¬
The bonds stated in
1948
bonds.
a
to
Francis I. duPont
Co., all
& Co.,
Newark; Walter Stokes & Co., of
Philadelphia, and R. H. Johnson
& Co., of New York, purchased
$1,212,000^ principal amount, as
l%s, at a price of 100.442, a basis
Paving Assessment,
21,000
1, as follows: $7,000 in
1952, and $6,000 in 1953.
Principal and interest (J-D) pay¬
able at the Northern Valley Na¬
1949
Trenton,
5,000 Assessment bonds.
15,000 Equipment bonds.
Sewer Assessment bonds.
rate
ture Dec.
Bond
bonds.
name
the
and
in combination the bonds will ma¬
follows:
as
$10,000 Improvement bonds.
18,000 Improvement,
series
23,000
bonds
or
$1,140, pay-'
the
Bond Offering—Robert V. Pea-
Branch), Hasbrouck Heights. Each
the rate of interest to be borne by
cashier's
or
ful bidder will be furnished with
(P. O.
J.
17,000
proposal
certified
a
treasurer's check for
any
bidders offer to
more
Albuquerque, N.
Offering
Bond
Acting
Linder,
sealed
receive
—
City
bids
Mex.
G.
Albert
Clerk,
until
2
will
pjm.
Dec. 21 for the pur¬
chase, of $2,910,000 not to exceed
(MST)
4%
on
interest
revenue
coupon
bonds. Dated Nov. 1, 1948. Denom.
$1,000. Due Nov. 1, as follows:
$110,000 in 1950, $114,000 in 1951,
$118,000 in 1952, $122,000 in 1953,
$126,000 in 1954, $131,000 in 1955,
$135,000 in 1956, $139,000 in 1957,
$145,000 in 1958, $151,000 in 1959,
$155,000 in 1960, $161,000 in 1961,
$167,000 in 1962, $173,000 in 1963,
$179,000 in 1964, $185,000 in 1965,
$193,000 in 1966, $199,000 in 1967
and
$207,000 in 1968. Principal
and interest
(M-N) payable at
the
Albuquerque
National Trust
Bank, Albuquerque, or
other banking house in the
United
States specified by the
& Savings
at any
purchaser of the bonds. Bonds
not be
will
registerable as to principal
requested
specifying: (a)
For immediate purchase of bonds
numbered 1 to 1500 (1) the lowest
rate of interest and premium, if
or
interest. Bidders are
to
submit
any,
der
a
bid
above par at which said bid¬
purchase said bonds, or
will
(2) the lowest rate of interest at
which the bidder will purchase
(3) either of
preceding form of bids
alternate a bid including
said bonds at par, or
the
next
and
as an
payment by the purchaser of the
opinion of bonding attorney as to
the validity of said bond issue and
an
assumption by purchaser of
the printing costs of said issue,
(b)
For the immediate purchase
to 1500, in¬
1953, after notice given by publi¬
of bonds numbered 1
cation.
clusive, by bids governed by sub-
Principal
and
interest
-
bonds
$34,000 not to exceed 6% interest
sold to the* bidder
coupon or registered bonds, con¬
complying with the terms of sale
sisting of $14,000 fire apparatus
and
offering to accept for the
and
$20,000
road
department
amount bid the least amount of
equipment bonds. Dated Dec. 1,
bonds, the bonds to be accepted
1948. Denomination $1,000. Stated
being those first maturing, and if
Heights
the
bonds bids for and the rate named
bonds will be
body,
Dec.
Each
must be
considered
higher than close
stated
Secaucus.
legally acceptable proposal. Each able to the Town.
proposal must state the amount
Tenafly, N.J.
bid for the bonds, which shall be
Bond Offering—Edwin B. Phil¬
not less than $300,000, nor more
than $301,000. As between legally lips, Borough Clerk, will receive
sealed bids until 8:15 p.m. (EST)
acceptable
proposals
specifying
on
Dec. 14 for the purchase of
the
same
rate
of
interest, the
certified
Raf-
be
which specifies a rate
of
bidder wil be furnished with the
must
to bear and
are
Bank
a multiple of 1/20 of 1%
the and must be the same for all of
Co., the bbnds bid for. The successful
at
Trust
multiple of Ys or 1/20
single rate of interest
proposal
no
&
a
which the bonds
a
$20,000 Sewer Assessment bonds.
Bayonne, N. J.
Bond
after Jan. 1, 1955,
being redeemable at par,- as a
whole or in part, at the option
of the City on any interest pay¬
ment date beginning with Jan. 1,
1954, after notice given by pub¬
lication.
Principal
and
interest
(J-J)
payable
at
The
Hudson
County National Bank, Bayonne.
Each
proposal
submitted
must
will
istered bonds. Dated Nov.
the election held
Hasbrouck
NEW JERSEY
to exceed 4% interest storm sewer
bonds
treasurer's
or
York.
000
Amortization
will
by Boland, Saffin & Co., of New
for the entire loan.
15 for the purchase of $55,000 not
system bonds. Dated Jan. 1, 1949.
bidder
City.
to
notes
gency housing coupon or
tered bonds.
Dated Jan. 1,
Fcrt Benton, Mont.
No
with the
cashier's
or
pre-
at 0.90%.
they will
purchase the bonds at par. The
Council reserves the right to re¬
the
proposal submitted must name the
rate of interest to be borne by the
legally binding obliga¬ York
City. Enclose a certi¬ valid
and
.
rdte of interest at which
ject
the
opinion of
Reed, Hoyt & Washburn, of New
York
City, that the bonds are
Second Na¬
Boston, at
of
100,000 to the Hartford National
on
than their par value with accrued
J.
York,
0.94%
interest,
.mium of $16.
The bonds
1949.
amortization
serial,
maturing after Jan. 2, 1954, shall
Bonds
Co.
tional
Jan.
a
New
&
the
*
follows:
as
syndicate composed
the National City Bank of
of
Council.
whether
H.
New York, Bankers Trust Co.
.
will
bonds
on
$1,133,000 to
bonds will be the first choice
choice
N.
$1,233,000 notes
Dec. 1—v. 168, p. 2274—
awarded
were
Council.
Authority,
Housing
Note Sale—The
and
Sewer
bonds.
ment
bonds
of
paid upon the de¬
posit made by the successful bid¬
County
15,
will
date
bonds to the date of delivery.
com¬
premium of $15.40.
0.90%.
Improvement
mentioned
interest will be
National City
York, Bankers
ton, at 0.94%
(MST)
purchase of
Bank & Trust
Water
last
proposals which offers to pay the
highest price will be accepted.
The purchaser must pay accrued
vided
York, J. P.
& Co., Inc., and the
general obligation bonds, divided
$214,000
interest
of
rate
and offer to accept the same least
amount of bonds, in which event
ford, Borough Clerk, will receive
sealed bids until .8:30 p.m. (EST)
on
Dec.
15 for the
purchase of
$46,000 not to exceed 6% interest
coupon
or
registered bonds, di¬
Second National Bank of Bos¬
receive
follows:
proposals
more
lowest
1953.
syndicate
New
$264 000 not to exceed 6% interest
as
terest construction coupon or reg¬
interest
The purchase price specified
the proposal must not be less
follows:
as
(JD) payable at the Peoples Na¬
tional
in
for all of the bonds bid
same
1—v.f 168, p. 2274
a
of
Morgan
p.m.
the
for
be
(EST) on Dec. 14 for the purchase
$300,000 not to exceed 6% in¬
$9
of
Denomination $1,000. Due $15,000
Nov. 1, 1950 to 1969. Principal and
the
an
Trust Co. of New
will
8
Dec.
$2,581,000
posed
V. O. Over-
—
and
multi¬
(2375)
for.
the
Housing Authority,
Hampshire
offered
Mont.
Offering
Dec.
to
par
Sept. 30.
on
New
MONTANA
on
at
Note Sale—The $2,681,000 notes
1
1968 inclusive.
bonds
sealed
were
Manchester
Feb. 1 from
on
1948. Interest F-A.
cash,
4s,
as
NEW HAMPSHIRE
•>.'
inclusive.
1961
334,000 3s.
Bond
sold
from
1
1956 inclusive.
125,000 l-%s. Due
The
been
follows:
as
be
ana
must be
Corp., of Omaha.
a
for
bid
che rate named
fied
The
1.956%,
to
interest
bonds
me
tions of the
Louis, Harriman Ripley & Co.,
Inc., and the Northern Trust Co.,
both of Chicago,
at a price of
•
the
uome
valid
NEBRASKA
awarded
was
sold
than their par value with accrued
interest to date of delivery and all
a
*■
on
validating act. The
be
the bonds at
MISSOURI
offered
$3,700.
purchase
ous.
14
of
bidders must state the lowest rate
of interest
at
which they will
*
.
amount
p.
errone-
was
full
the
of
168,
v.
in
be
name
CHROM1CLE
&'FINANCIAL
f-j.
r."!' a-
60
section (a) above
at
xdiase,
any
delivery of the
the
from
months
and for the purtime within six
bonds numbered 1 to 1500, inclu¬
sive, at the option of the City, of
bonds numbered 1501 to 2910, inelusive,
.
cified
at
interest rate
an
bid
said
in
the
on
spe¬
terms
specified in paragraph (a) above
to be fixed by reference to the
Standard Bond Index on the date
or
1964, and $4,000 in 1965
Principal and interest
to
1949
1968.
to
payable at the People's
of Malone. Rate of in¬
to be in a multiple of V\
(J-D)
Trust Co.,
terest
1%, and must be the
same
for all of the bonds.
The
bonds will be delivered at New
of
1/10
or
other place
York, N. Y„ or at such
as
be agreed with the pur¬
about Dec. 30, 1948. The
may
chaser
numbered approving opinion of Vandewater,
Heckler & Galloway, of
1501 to 2910. Bidders shall be re¬ Sykes,
New York City, will be furnished
quired to specify the lowest pre¬
to
the
purchaser without cost.
mium rate, which shall not ex¬
of
the bonds
after Nov.
which
at
3y2%
ceed
bonds
of
delivery
shall be callable on or
Bonds will be prepared
by the City and suc¬
cessful bidders will be furnished
1953.
1,
Enclose
for
check
binding obligations of
City, payable solely from the
the
Joint
Water
Sewer System
of the
of
income
net
Works and
the
that in
•City; provided, however,
-the
in
'elects
bid
his
bidder
successful
the
event
himself
to
de¬
fray expenses of said legal opinion
of printing said issue then
City shall not be obligated to
secure and pay for said opinion or
to pay for the printing of said
bond issue. Enclose
certified
a
or
cashier's
check, or cash for 5%
of the amount of the bid, payable
to the
Co., of Buffalo, as 2.30s, at
a price of 100.245, a basis of about
2.27%. Sale consisted of:
$27,500 fire house bonds. Due on
May 1 from 1949 to 1968 incl.
22,000 water bonds. Due on May
1 from 1949 to 1968 incl.
No.
18
District
(P. O. Buffalo 21),
New York
Sale—The
Bond
construction
30
Nov.
of George
composed
&
Co.,
bonds
Inc., Chas.
$400,-
offered
awarded to
was
a
group
Gibbons
Wiegold &
B.
E.
Co., both of New York, and the
Manufacturers
&
Traders
Trust
Co., of Buffalo, as 2.20s, at a price
of 100.63, a basis of about 2.12%.
Second high bid of 100.56 for 2.20s
was
made by an account com¬
posed of the Marine Trust Co., of
Buffalo, Roosevelt & Cross, and R.
D. White & Co.
Bonds
dated
will receive sealed
p.m.
(EST) on Dec.
20 for the purchase of $2,300,000
lot to exceed 5% interest building
Dec.
or
Dated Nov. 1,
1961, $75,000 in 1962 to 1964,
585,000 in 1965 to 1968, and $90,-
co
300 in
1978.
to
1969
terest to be in
of in¬
Rate
multiples of V4
or
1/10 of 1% and must be the same
for
all
bonds.
the
of
Principal
and interest
payable at the Manu¬
facturers and Traders Trust Co.,
Buffalo.
will
of
successful
The
with
'furnished
be
bidder
the opin-
Hoyt & Washburn,
af New York City, that the bonds
are valid and binding obligations
on
.Denom.
$1,000.
Due
1,
Reed,
1948.
1, as
follows: $15,000 in 1949 and 1950,
;
$22,000 in 1951 to 1960, $20,000 in of the District.
1961 to 1967, and $10,000 in 1968;
Elmira, N. Y. '
Principal and interest (J-D) pay¬
Bond Offering—Francis K. Nor¬
able at the Marine Trust Co. of
are
Dec.
.
Buffalo.
The
will
bonds
be
de¬
livered at New York, N. Y., or at
auch other place as may be agreed
with the purchaser about Dec. 15,
1948. The^approving opinion of
Vandewater, Sykes; Heckler &
•Galloway, of New York City, will
be
furnished
the
to
purchaser
without cost.
City Chamberlain,
man,
ceive
re¬
of interest
Offering—Harry R. Jones,
Clerk, "will receive sealed
to
in
be
a
the
1/10 of 1% and
same
for
all of
the
delivered at New York, N. Y., or
at such other place as may be
struction
agreed with the
(EST)
p.m.
not
bonds.
coupon
Dated
registered
or
Dec.
1,
1948.
De-
'
nomination
Dec.
1,
$1,000.
1949
Due
$4,000
1958. Principal
to
and interest
(J-D) payable at the
Marine Trust Co., of Buffalo. Rate
ler
&
Galloway, of New York
will be furnished to the
purchaser without cost. Enclose a
City,
certified
$3,200, payable to the City.
the
*
a
multiple of
1%,* and must be
for all of the bonds. The
same
bonds
of
will
be
delivered
on
Dec. 27, 1948, at the office
Hawkins, Delafield & Wood, of
"New York City, or at such other
place
be agreed upon with
the
purchaser.
The
approving
opinion of Hawkins, Delafield &
as may
Wood, of New York City, will be
furnished
out
to
cost.
cashier's
amount
the
purchaser with¬
Enclose
check
of
certified
a
for
bonds
2%
to
be
ceive
of
the
bid
for,
sealed
(EST)
New York
Offering
—
C. P.
»;
Smith,
for the purchase of $64,000 not to
exceed .5% interest building, 1948
coupon or registered bonds. Dated
Dec. 1, 1948. Denomination $1,000.
Due Dec. 1, as follows: $3,000 in
—
New
&
and
mature
as
Nov.
on
of
100.46
1949
from
1
composed of R. H. Johnson & Co.,
Sims & Co., and Bond
Goodwin, all of New York, as
2.10s, at a price of 100.44, a basis
Herbert J.
8c
of
about
2.05%.
Second high
bid
1948
and
made
by
1950
to
Cross, of New York.
high
bid
to 1966 inclusive.
2.20s
for
Roosevelt &
was
Fire District (P. O.
Wappingers Falls), N. Y.
Bond Sale—The issue of $25,000
made
due
National
No.
1
Sale—The
300
building
Dec.
1
&
were
issue
of
2.479%.
notes
100.687 for 2.60s
Marine Trust Co.,
R.
D.
White
&
offered
ac¬
Sept. 15, 1948.
$1,000. Due Sept. 1,
1949 to 1950,
$5,000 in 1951, and $6,000 in 1952
to
1978.
Principal and interest
(M-S) payable at the Manufac¬
turers
and
Traders
Trust
Co.,
livered
will
at New
be
York, N. Y.,
de¬
at
such other place as may be agreed
with the purchaser about Dec. 20,
1948.
The approving opinion of
Vandewater,
Sykes, Heckler &
Galloway, of New York City, will
oe
furnished
to
the
purchaser
Larchmont, N. Y.
Bond
Offering
Village
Bracken,
receive
sealed
—
W. Edward
will
Treasurer,
bids
until
2
p.m.
(EST) on Dec. 8 for the purchase
$50,000 not to exceed 5% in¬
terest coupon or registered bonds,
of
divided
as
follows:
Salomon
to
Bros. &
as fol¬
1.16%, plus $44;
and $3.-
mature
and
1949.
June
on
Inc.; Swiss Ameri¬
C. F. Childs & Co.,
Inc.;
Darby
&
Co.;
Hannahs,
Ballin & Lee; National Commer¬
cial Bank & Trust Co., of Albany;
Chemical Bank
Co., of New York,
Associates,
at
1.16%.
Trust
and
on
Dec.
June
17, 1948
Corp.;
can
:
Dated
Co.; Chas. E. Weigold &
Morton & Co.,
17,
7,000,000 to the
the Public National Bank & Trust
Co., of New York.
and due
17, 1949.
Co., Schwa-
Also, Reynolds &
1,600,000 to the Girard Trust Co.,
Philadelphia, at 1.08%. Dated
Dec. 17, 1948 and due June
bacher & Co.;
17, 1949.
1,000,000 to the
Collins &
State Bank of Al¬
bany,
Albany; Weeden &
Co.,
Inc.; William Blair & Co.; Julien
1
or
without cost.
*
Co., Inc.; A. G. Becker & Co. Inc.;
Fidelity Union Trust Co., New¬
ark; W. E. Hutton & Co.; Carl
M. Loeb, Rhoades & Co.; W. H.
1948
of Buffalo, and
bonds
child &
168,
433,000 at 1.17%, plus $37.76,
The notes are dated Dec. 17,
bid
of
made by the
dated
The
Nov.
on
Marks &
at
fallows: $4,000 in
Buffalo.
$33,816,000
Inc.;
Geo.
B.
Gibbons
&
Inc.; Hornblower & Weeks;
F. S. Moseley & Co.; L. F. Roths¬
23—v.
The
Co., Schoellkopf, Hutton &
Pomeroy, Inc.; White, Weld & Co.;
Adams, McEntee & Co., Inc.; First
of Michigan Corp.; Laurence M.
&
are
Co.,
Co.,
York
—
$500,000 as 1.14% in¬
$3,000,000 at 1.16%,
plus $33 premium; $4,000,000
Denomination
as
Co., St. Louis; E. H.
Sons,
lows:
count.
Bonds
Co., Buf¬
Commerce
terest;
in
Co., in joint
&
-
Inc.; B. J. Van
Ingen & Co., Inc.; A. C. Allyn &
$10,933,000
high
was
& Traders Trust
Bank & Trust
2169—were awarded as follows:
awarded to Roosevelt
Second
was
City Housing Authority,
New
Cross, of New York, as 23/2s, at
price of 100.25, a basis of about
a
turers
Rollins
Sale
Note
$175,-
offered
bonds
100.28 for 2.10s
of
purchase of
following
the
falo; Shields & Co.
Also,
Mercantile
Second
by Kidder, Peabody & Co.,
York
New
(P. O. Lancaster), N. Y.
Bond
inclusive.
1,
from
1
New York.
p.
School District
Common
Sept.
March
the Man¬
of
the
were
Hutzler, of New York,
23/2s.
as
Lancaster
of
Bank,
Dated
on
1969
building and equipment bonds of¬
Mattewan
Nov. 29—v. 168,
on
2169—were awarded to a group
p.
National
Co.; C. J. Devine & Co.; Blyth &
Sale—The $143,000 water
Bond
in
Co.,
bonds
Associ¬
—
Chase
Co., Inc.; Barr Bros. & Co.; R. W.
Pressprich & Co.; Salomon Bros.
& Hutzler; Ladenburg, Thalmann
& Co.; Chemical Bank & Trust
Co.; Blair & Co., Inc.; Kidder,
Peabody & Co.; the Marine Trust
Co.,
of Buffalo;
Manufacturers
Trust Co.; the Northern Trust Co.;
Harris
Trust
&
Savings Bank;
Bear, Stearns & Co.; Equitable
Securities Corp.; Estabrook & Co.;
Kean, * Taylor & Co:; Manufac¬
Mills
Hartford), N. Y.
bonds offered
accrued
Kuhn, Loeb & Co.; Hallgarten &
(P. O.
Extension
Dist.
Water
168,
v.
Co., both of New
2.20s, at a price
of 100.62, a basis of about 2.12%.
The bonds are dated Nov. 1, 1948
Weigold
$23,000 Sewer bonds. Due July 1,
as follows: $4,000 in 1949 and
on
bids
until
p.m.
Dec. 7 for the purchase
in¬
Denomination $1,000. Due July 1,
follows: $7,000
in 1949 to 1955,
$8,000 in 1956 to 1958. Prin¬
and
cipal
and
interest
(J-J)
payable
at the Merchants National Bank &
est
to
Co., Syracuse. Rate of inter¬
be in a multiple of xk or
1/10 of 1% and must be the same
all
will
N.
of
be
Y.,
the
bonds.
delivered
or
at
such
at
The
New
other
bonds
York,
place
as
be agreed with the purchas¬
about Jan. 4, 1949.
The ap¬
may
er,
proving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New York City, will be furnished
to the
purchaser without cost. En¬
to
1951
and
Period of probable use¬
fulness, 30 years.
27,000 Water bonds. Due July 1,
as follows: :$6,000 in 1949 and
1950,
$5,000 in 1951 to
probable use¬
and
1953. Period of
fulness, 40
Dated Jan.
years.
Denomina¬
Bidders to name a
single rate of interest in a mul¬
tiple of *4 or 1/10 of 1%, which
tion
1, 1949.
$1>000.
be
must
1
$5,000
in
1950,
1953.
bonds.
terest water, 1949, coupon or reg¬
istered bonds. Dated Jan. 1, 1949.
for
District Clerk, will receive sealed
bids until 2 p.m. (EST) on Dec. 9
.
for
of $73,000 not to exceed 2V2%
Trust
Bond
check
Bond Offering — Grace W.
Smith, Village Treasurer, will re¬
or
Bangor Union Free School District
No. 1 (P. O. North Bangor),
.
cashier's
Fayetteville, N. Y.
as
payable to the Town.
t
or
or
about
of
23
Nov.
York, jointly,
purchaser about
V4
1/10
E.
Dec. 22, 1948. The approving opin¬
ion of Vandewater, Sykes, Heck¬
of interest to be in
or
B.
Principal > and
interest
(J-D) payable at the City Cham¬
berlain's office. The bonds will be
3:30
offered
2169—were awarded to George
Gibbons & Co., Inc. and Chas.
p.
bonds.
on
until
Central Sch. Dist.
Members
the
the Bank
and
hattan
the
for $340, pay¬
New Hartford, Washington
and
par
Bessemer Trust
Co., Chicago; the Com¬
National
mercial
Bank
&
Trust
Co., of Jersey City, at 1.17%,
$17
premium.
Dated
Co., of New York; Paul H. Davis
Dec.
Detmer
plus
&
17, 1948 and due June 17,
1949.
Co., Chicago; R. L. Day & Co.;
&
Co., Chicago; Green,
Ellis
&
Anderson;
Gregory
&
Lehman Bros., New Son, Inc.; Hay den, Miller & Co.,
York, as follows: $570,000 at Cleveland;
Otis
&
Co.,
Inc.;
1.12%, and $50,000 at 1.14%. Schmidt, Poole & Co.; Philadelphia;
Dated Dec. 17, 1948 and due J.G.White &
Co.,Inc.;Arnhold & S.
June 17, 1949.
Bleichroeder, Inc.; Blewer, Heit7,500,000 to Salomon Bros.
& ner & Glynn, St. Louis; Ernst &
Hutzler, of New York, as fol¬ Co.; Folger, Nolan, Inc., Washing¬
lows: $500,000 at 1.16%; $3,ton, D. C.; Ginther & Co., Cleve¬
000,000 at
1.17%, plus $33 land; Maynard H. Murch & Co,,
premium; $2,000,000 at 1.18%, Cleveland; Edward Lober Stokes
plus $22; and $2,000,000 at Co., Philadelphia; Whiting, Weeks
1.19%, plus $22. Notes are & Stubbs, Boston; Wood, Gundy
dated Dec. 17, 1948 and ma¬ &
Co., Inc.; Corporate Securities
ture on July 18, 1949.
Co., Inc.; Harold E. Wood & Co.,
4,463,000 to the Chemical Bank St. Paul; Paul Frederick & Co.
& Trust Co., of New York,
Other Bid—One other bid was
and
Associates,
at
1.19%. submitted for the
issue, this be¬
Dated Dec. 17, 1948 and due
ing made on behalf of a com¬
July 18, 1949.
bined syndicate headed, respec¬
500,000 to Boland, Saffin & Co.,
tively, by the National City Bank
New
York,
at 1.17%, plus of New York and Lehman Bros.
$1.60. Dated Dec. 17, 1948 and The
group offered a price of par,
due July 18, 1949.
or
a
net interest cost of about
200,000 to William E. Pollock &
2.151%, for the bonds to bear in¬
Co., New York, as follows: terest rates as follows:
$6,300,000
$100,000 at 1.15%, plus $5;
4s, due on Dec. 1, 1950 to 1955
and $100,000 at
1.18%, plus
inclusive; $4,200,000 23/2s, due on
8.
Dated Dec.
17, 1948 and Dec.
1, 1956 to 1959 inclusive;
due July 18, 1949.
$13,650,000 l3As, due on Dec. 1,
1960 to 1972 inclusive; $9,450,000
Note Offering—Thomas F. Far-
to
620,000
-
be
or
Dec. 7 for the purchase of $40,000
to exceed 4%
interest con¬
-
West Sparta
a.m.
on Dec. 8 for the purchase
$160,000 not to*'exceed 5% in¬
terest recreational area, 1948 fcoupon
or
registered bonds. Dated
Dec. 1, 1948. Denom. $1,000. Due
June 1, as follows: $15,000 in 1950
to
1953, and $20,000 in 1954 to
must
Bond
bids
11
cost.
with
Bank
the Village.
to
then
at
Syndicate
of New York City,
purchaser
Enclose a certified
cashier's check
Genesco, Groveland, Sparta and
(EST)
Rate
without
or
of New York.
dated
are
those
date,
ated
ler & Galloway
able
of
multiple of V4
(P. O. Williamsville), N. Y.
Town
will
until
bids
sealed
1958.
Amherst Water District No. 1
'
high bid of 100.063
made by Roosevelt
was
& Cross,
3
registered bonds.
1948. Denomina¬
tion $1,000.
Due Nov. 1, as fol.ows: $60,000 in 1949 to 1953, $65,300 in 1954 to 1958, $70,000 in 1959
joupon
issue of
1.40s
for
Beacon,
Sayforth,
Offering—John
until
Dids
ment
will be furnished to the
Second
bonds
and
interest.
Dec. 27, 1948. The approving opin¬
ion of Vandewater, Sykes, Heck¬
fered Nov. 19 was awarded to the
O. Buffalo 21), N. Y.
No. 3 (P.
are
on
on Dec. 1
1998 inclusive.
Dec. 1,
outstanding
callable on Dec. 1, 1988, or
any subsequent interest pay¬
1948
be
may
as
sive.
District Clerk,
School
Common
York.
Zheektowaga Union Free Sch. Dist.
Bond
NEW YORK
•000
1, 1948. Second high bid of 100.24
for 2.30s was made by C. J. De-
place
The
Due
1J/4S.
1994 to
from
agreed with the purchaser, about
All of the bonds are dated May'
vine' & Co., of New
at such other
or
York, as 1.30s, at a price of
100.12, a basis of* about 1.26%.
Dated Oct. 15, 1948 and due on
Oct. 15 from 1949 to 1953 inclu¬
Hughsonville
City.
Amherst
registered bonds offered Nov.
2057—were awarded
the Manufacturers & Traders
Trust
-and
Hhe
168, p.
Salomon
to
New
bonds
18—v, 168, p.
co
$250,000 elec¬
offered Nov. 30
2275—were awarded
Bros. & Hutzler, of
Sale—The
Bond
tric system bonds
—v.
No. 1 (P. O. Geneseo), N. Y.
Sale—The $45,000 garage
Sale—Tne $49,500 coupon
Bond
or
N. Y.
5,250,000
and interest (J-D)
1961. Principal
payable at Citizens State Bank,
Lyndonville. Rate of interest to
be in a multiple of
or 1/10 of
1% and must be the same for all
of the bonds. The bonds will be
delivered at New York, N. Y.,
Bond
Y.
Belmont, N.
with the
and legally
Free port,
payable to the
$1,280,
cashier's check
or
4
cashier's
or
certified
a
$1,460, payable to the Village.
for
District.
and printed
opinion of Pershing, Bosworth, Dick & Dawson, of Denver,
to the effect that they are valid
certified
a
close
Monday, December 6, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2376)
the
for
same
Principal
all
and
the
of
interest
(J-J) payable at the Central Han¬
Bank
&
Trust
Co.,
New
City.. The bonds will be de¬
livered at New York, N. Y„ or at
such other place as may be agreed
with
the
purchaser, about Jan
3, 1949. The approving opinion of
Vandewater,
Sykes,
Heckler &
Galloway, of New York City, will
be
furnished
to
the
purchaser
over
York
rell, Chairman, will receive sealed
bids until
(EST) on Dec. 10
of $6,035,000 tem¬
noon
for the purchase
loan, series H notes. Dated
porary
27, 1948
1949.
and
due
June
on
Bond
Sale
Chase
Bond
Offering
—
Donald
M.
Fraser, Village Treasurer, will
ceive
sealed
bids
until
2
re¬
(State of)
p.m.
(EST) on Dec. 8 for the purchase
of $17,000 not to exceed 5% in¬
terest public improvement, 1948,
coupon or registered bonds. Dated
Dec.
1, 1948. Denom. $500. Due
June
and
1.
as
1951,
fohows:
SI,000 in
and $1,500 in
1950
1952 to
—
National
Co.,
York,
price
a
total interest cost
of
the
of
New
net
2.1487%, as
par,
a
follows:
from
on
State
4s.
1950
Due
to
Dec.
on
1954
Due
1
inclusive.
on
Dec.
a
cost
2V4S.
1974
to
Due
1993
on
Dec.
of
offer
was
$28,780,500.
Niagara Falls, N.
Bond
while
based
Offering
—
•
Y.
Eugene T.
Creagh, City Comptroller, will re¬
ceive sealed
(EST)
of
on
bids
until
11:30
a.m.
Dec. 13 for the purchase
$624,000 not to exceed 5% inter¬
registered
improvement
bonds.
coupon or
Dated Jan. 1,
1, as
1949. Denom. $1,000. Due Jan.
1
follows: $95,000 in 1950 to 1952,
$110,000 in 1953, $40,000 in 1954 to
1
1956,
from 1955 to 1973 inclusive.
21,000,000
a
of $28,743,750,
runner-up
est public
19,950,000 2V2s.
from
the
the
and
both
interest cost of about
$5,250,000
Chase
Co.
Manhattan
of
The
Bank
Manhattan
at
successful
The
National-Bank
to
New York
$51,450,000
without cost.
Enclose a certified
housing bonds offered on Nov. 30
or cashier's check for
$1,000, pay¬ —v. 168, p. 2275—were awarded
able to the
to
a
syndicate headed by the
Village.
Lyndonville, N. Y.
clusive.
provided for
Dec.
27,
2s, due on Dec. 1, 1973 to 1981
inclusive,
and
$17,850,000 2y4S,
due on Dec. 1, 1982 to 1998 in¬
inclusive.
$45,000 in 1957, $34,000 in
1958, and $15,000 in 1959 and 1960.
THE
Number 4757
Volume 168
& Trust Co., New
Fire Alarm
or
for
bonds
of
all
will
bonds.
the
at
chaser
Enclose
cost.
a
for
check
cashier's
or
$12,480, payable to the City.
Niskayuna Union Free Sch. Diet.
No. 5 ( P.
O. Niskayuna), N. Y.
Sale—The issue
Bond
school
000
2—v.
of $830,-
offered
bonds
on
Dec.
2275—were awarded
to a group
composed of Roose¬
velt & Cross, E. H. Rollins & Sons,
Inc., and Coffin & Burr, all of
New York, as 2s, at a price of
100.18, a basis of about 1.98%. The
bonds are dated Nov. 1, 1948 and
168,
mature
p.
from
1
Nov.
on
to
1949
bid of
made by a
1968 inclusive. Second high
for 2.10s
100.657
was
composed of Halsey, Stuart
C.
J.
Devine
&
Co.,
George B. Gibbons & Co., and
Chas. E. Weigold & Co.
group
&
Co.,
Niskayuna Water District No. 5
Extension (P. O. Schenectady),
,
York
New
Bond
Offering
N.
Harold
—
Town Supervisor, will re¬
Rowe,
bids until 11}
a.m.
Dec. 15 for the purchase
ceive
sealed
(EST)
on
$5,200 not to exceed 5% inter¬
of
construction
est
regis¬
1, 1948.
or
coupon
Dec.
Dated
bonds.
tered
Denominations $300 and $250. Due
March
1, as follows: $300 in 1950
1953, and $250 in 1954 to 1969.
to
Principal and interest (M-S) pay¬
Schenectady Trust Co.,
able at the
Rate of interest to
multiple of y4 or 1/10 of
1%, and must be the same for all
of
a
the
the fire
delivered at New
such
at
other
York, N. Y., or
place
be
may
as
fire
alarm
where the period is
the
will be furnished to
purchaser without cost. En¬
close
for
certified
a
cashier's check
or
$104, payable to the Town.
Authority, N. Y.
Port of New York
—
45,000 Improvement bonds. Due
$9,000 Dec. 1, 1949 to 1953. Is¬
sued to pay for a portion of
the cost of the following im¬
provements; $9,400 for a sani¬
tary sewer, $8,600 for a wad¬
ing
pool,
and
$27,000
for
street improvement
and re¬
surfacing. Each of said pur¬
poses has a period of prob¬
The
for delivery.
prepared
pur¬
with the
chaser will be furnished
for
Bond
Sale
—
bonds
The
$135,000 in¬
on
Nov.
2275—were awarded
Hall & Co., of New York, as
30—v.
to
168,
l3/4s, at
a
about
of
p.
price of 100.09, a basis
June
sive.
for
The
1.73%.
dated Dec. 15,
bonds
are
1948 and mature on
1963 inclu¬
15 from 1950 to
Second
1.80s
was
duPont & Co.,
Bond
high bid of 100.34
made by Francis I.
of New York.
Rensselaer, N.Y.
Offering — Albert J.
Scheibly, City Treasurer, will re¬
ceive sealed bids until 12:30 p.m.
Offering
Bond
bids
sealed
ceive
Francis J.
Clerk, will
Town
Bohrmann,
—
ulntil
3
re¬
p.m.
Nov. 1, 1949 to
1960. Principal and interest (M-N)
1948.
$400
Due
as
follows:
Horicon
bonds. Due Dec.
1,
as
follows:
of
Dec. 9 for the
will
p.m.
(EST) on
purchase of $50.0.00
not
to
exceed
5%
interest public
1948
coupon
or
registered bonds.
Dated Sept. 1,
1948.
Denomination $1,000.
Due
$13,000 in
1949, $12,000 in 1950, $11,000 in
1951, and $14,000 in 1952.
Prin¬
cipal and interest (M-S) payable
at the Glenville Bank, Scotia. Rate
March
1,
as
follows:
of interest to be
in
a
multiple of
1/10 of 1% and must be the
same for all of
the bonds.
The
bonds will be delivered at New
1/4
or
5, 1949, at place of purchas¬
er's
choice.
Bids
must
form to be furnished by
Second
be agreed with the pur¬
chaser, about Dec. 28, 1948. The
as
may
purchaser without cost. En¬
cashier's check
close a certified or
for
$1,000, payable to the Village.
Thornwood Fire District
(P. O.
fire engine, $5,- 214 s, at
a
price of 100.141, a basis
bid
mium
be
on
a
the above
from
the
aggregate
amount of interest upon all of the
bonds until their respective ma*
obligations; un¬
delivery on or about turities.
limited tax;
General
obliagtions;
un¬
limited
tax; registerable as to
principal only; delivery at place
of purchaser's choice. The approv¬
The approving opinion ing opinion of Caldwell, Marshall,
Mitchell & Pershing, of New Trimble & Mitchell, of New York
Secretary.
York
equipment
City, will be furnished the City, will be furnished the pur¬
Enclose a certified check
Enclose
a
certified chaser.
check
for
$60,000; payable to the
State Treasurer,
bonds
168, p. 1950—
ond
high
was
made
bid of
100.18 for
1.80s
by George B. Gibbons
NORTH CAROLINA
Albermarle, N. C.
Sale—The $928,000
name
for
rate
one
awarded
part
of
by the above
for
bonds:
$90,000
2V4s,
and
inclusive;
due
on
from
1
June
inclusive.,
1987
Maiden,
due
1951 to 1959
$660,000 2y2s,
Bond Sale—The
bonds offered
on
N.
C.
&
a
Securities
Corp., of Durham, and
Byrne & Phelps, Incf)e of I^ew
000 21/4S, due on June 1 from York, in joint accpunt, at a price
1951
to
1959 inclusive;-and of 100.036, a net interest cost Of
2V2S,
$22,000
1960 to
from
due
on
June
1
1967 inclusive.
138,000 fire alarm and equipment
bonds: for $60,000 214s, due
on June
1 from 1951 to 1959
on
$78,000
and
inclusive;
due
June
1
from
2V2s,
1960
to
1968 inclusive.
All of the bonds are dated Dec.
Burke
County (P. O.
Morganton), N. C.
Bond
Sale—The
$100,000 water and sewer bonds:
for $8,000 2y2s, due on June
1 from 1951 to 1954 inclusive;
$87,000 3s, due on June 1 from
1955
to
1974 inclusive; and
23/4s,
$5,000
23—v.
due
on
June
$8,000 4^s.
25,000 street bonds: for $13,000
2V2S, due on June 1 from 1950
to 1954 inclusive; and $12,000
on
June 1 from 1955
are
All of the bonds
are
dated Dec.
Durham
(P.
County
,
238,000 2%s.
ling, Secretary of Local Govern¬
ment
Commission, will
receive
sealed bids at his office in Ra¬
leigh, until 11 a.m. (EST) on Dec.
14 for the purchase of $3,000,000
not to exceed 6% interest school
building
bonds.
coupon
Dated
Dec.
or
1,
registered
1948.
De¬
nomination $1,000. Due June 1, as
follows:
in
$95,000
in
1952, $140,000 in
1951, $135,000
1953 to 1955,
Due
Dec. 1 from
on
1961 to 1978 inclusive.
NORTH DAKOTA
Benson
Viking Sch. Dist*
(P. O. Maddock),
County,
No. 9
N. Dak.
Bond
Offering—E.
N.
Liudahl,
of School Di¬
interest improvement bonds.
for the
exceed
purchase of $45,000 not to
6% interest refunding of
1948 coupon
bonds, divided as fol¬
Due
Road and Bridge bonds.
$5,000 June 1, 1961 to
Due
$1,000 Nov. 29, 1950 to 1952. In¬
terest
M-N.
The
bonds
sub¬
are
ject to call at the option of the
on any interest payment
District
The proceeds of the bonds,
date.
be
will
for the
used
authorized
held
on
fied
or
a
furnace
These bonds
election
the
at
Enclose
9.
Nov.
purchase of
new
a
certi¬
cashier's
check,, or bank
draft for 2% of the amount of the
bid, payable to the District.
Cavalier, N. DaH'.\
r.
•
Bonds
Sold—Bids; for
Not
the
$57,000 not to exceed 5% interest
municipal
light
plant
revenue
bonds
offered
because of
new
26—v. 168, p.
Nov.
unopened
returned
2170—were
legal considerations. A
offering will be made.
N. Dak.
Joe Schmaltz,
Karlsruhe,
—
Village Clerk, will receive sealed
until 11:30 a.m. (EST) on
bids
Dec. 13 for the purchase of $3,509
not to exceed 5% interest fire hall
and
equipment bonds.
fire
fighting
Dated Sept. 1,
Denominations
and
$500
Sept. 1, as follows:
$500 in 1950 to 1953, and $250 in
Due
$250.
$35,000
O.
Durham), N. C.
Bond Offering — W. E. Easter-
Dec. 1 from
on
1951 to 1960 inclusive.
1948.
1, 1948.
lows:
dated Nov. 1, 1947.
Dec. 1, 1949
on
Due
construction
1958 inclusive.
Montgomery County (P. O.
Troy), N. C.
Co., of Wilson, at a price of
Bond Offering—W.
E. Easterpar, a net interest cost of about
ling, Secretary of Local Govern¬
2.375%, as follows: $75,000 214s,
Commission, will
receive
due on May 1 from 1953 to 1963 ment
inclusive; $15,000 2y2s, due on sealed bids at his office in Raleigh,
until 11 a.m.
(EST) on Dec. 7
May 1 from 1964 to 1966 inclusive;
bonds
Due
and 1950.
84,000 234s.
1,
Trust
$5,000 214s, due on May 1, 1967,
and $25,000 2y2s, due on May 1
from 1968 to 1972 inclusive. The
2.53%,
follows:
Bond Offering
3s, due
school
Nov.
2.95%, as follows:
to
$120,000 series
building bonds offered
168, p. 2169—were
awarded to the Branch Banking &
D
about
1975.
1, 1948.
Brown
net interest cost of about
as
40,000 fire station bonds: for $18,{
to Alex.
of Baltimore, and the
Branch Banking & Trust Co., of
Wilson, jointly, at a price of par,
Sons,
.
were
$125,000 coupon
168,
Nov. 23—v.
to p. 2169—were awarded to the First
1960
■
awarded
—were
in the school house.
light
June 1, from
on
•,
electric
offered
and installation of
urer.
and
Sale—The $330,000 series
general obliagtion water bonds
on Nov. 23—v. 168, p. 2169
B
Clerk of the Board
Secretary.
The approving opin¬
Corp., of Durham, an,d ion of Mitchell &
Pershing of
& Phelps, Inc., of New New York
City, will be furnished.
York, jointly, on a bid reflecting Enclose a certified check for $2,a net interest cost of about 2.56%,
360, payable to the State Treas¬
water
State
.Statesville, N. C.
the
curities
$750,00
the
to
ties), and another rate or rates for
will receive sealed and
the balance, but no bid may name rectors,
oral bids at the County Auditor's
more than four rates, and each bid¬
office in Minnewaukan, until 2
der must specify in his bid the
amount of
bonds
of each rate. p.m. (CST) on Dec. 20 for the pur¬
Each rate bid must be for bonds chase of $3,000 not to exceed 3%
Se¬
follows:
payable
Bond
bonds (having the earliest maturi¬
Byrne
as
V
;
bonds of consecutive maturities. Bids to
2169 be on form furnished
to the First
$900,
Treasurer.
offered On Nov. 23—v. 168, p.
—were
for
Laurinburg, N. C.
awarded to R. H. Johnson &
were
York, N. Y., or at such other place
'
and
offered Nov. 15—v.
receive
Thornwood), N. Y.
$16,000 in 1953. Issued to pay
Bond Sale — The $15,000 fire
a portion of the cost of equip¬
ment as follows: $51,300 for truck bonds offered on Nov. 24—
machinery for highway con¬ v. 168, p. 2058—were awarded to
struction
and
maintenance, Tilney & Co., of New York, as
a
General
Jan.
—
struction
Bank, Chesterinterest to be in
improvement,
$15,000 in 1949 and 1950, $20,000
in
1951
and
1952, and
$12,500 for
be
ma¬
purchaser.
National
Rate
town.
to the
Equipment
Municipal
turities.
Babylon Fire District, N. Y.
Bond Sale
The $58,000 con¬
Chester-Schroon-
payable at the
(EST) on Dec. 8 for the purchase
approving opinion of Vandewater,
$181,000 not to exceed 4% in¬
Sykes, Hecklqr & Galloway, of
terest coupon or registered bonds,
New York City, will be furnished
$86,000
rate must
Each
rate.
bonds of consecutive
for
West
Bond
of
divided
each
bid
of
York
New
Treasurer,
sealed bids until 2
offered
Y.
high bid of 100.268 for 1.80s was
made by C. E. Weinig Co.
(P. O. Schroon Lake),
Village
N.Y.
N.
inclusive.
1958
to
1949
$3,620, payable to the City.
Schroon
"
cinerator
Victor),
opinion of Sullivan, Donovan & &
Co., Inc., and Chas. E. Weigold
Heenehan, of New York City. En¬ &
Co., jointly.
close a cashier's or certified check
prescribed bidding form, of cessful bidder on or about Dec.
the Official Statement of the Au¬
10, 1948.
The approving opinion
thority and of the resolutions pur¬ of Albert Krakes, of Port Henry,
suant to which these bonds are to
will be furnished to the purchas¬
be issued, may be obtained at the
er
without cost. Enclose a certi¬
office of the Treasurer. The Au¬ fied or cashier's check for 2% of
thority will announce the accept¬ the amount of bonds to be bid for,
ance or rejection of bids at or be¬
payable to the Town.
fore 6:00 p.m. on the above date.
Scotia, N.Y.
Each offer must be accompanied
Bond Offering—F. H. Robinson,
by a certified or cashier's check in
Ramapo (P. O. Suffern),
Farmington, East Bloomand Perinton Central
School District No. 1 (P.O.
Howard
amount of $140,000.
New
Bond Offering—W. E. EasterCo., and Herbert J. Sims & Co.,
both of New York, jointly, as 2V2S, ling, Secretary of Local Govern¬
ment
Commission, will receive
able usefulness of five years, at a price of 100.384, a basis of
sealed bids at his office in Raleigh,
except in the case of the sew¬ about 2.44%. Dated Sept. 15, 1948
until 11 a.m. (EST) on Dec. 7 for
er, which has a period of 30 and due on Sept. 15 from 1949 to
the purchase of $118,000 not to
Second high bid
years, and in the case of the 1968 inclusive.
exceed 6% interest storm sewer
wading pool, which has a pe¬ of 100.305 for 2V2s was made by
coupon bonds.
Dated Dec. 1, 1948.
Roosevelt & Cross, of New York.
riod of 10 years.
Denomination $1,000/ Due June
Dated Dec. 1, 1948. Denomina¬ Wheatland Common School District
1, as follows: $2,000 in.,1951 to
tion $1,000. Principal and interest
No. 5 (P. O. Niagara Falls),
1959, and $5,000 in 1960 to 1979.
(J-D)
payable at the National
New York
Principal and interest (J-D) pay¬
Commercial Bank &
Trust Co.,
able in New York City.
Bond Sale—The $105,000 school
General
Rensselaer
Branch,
Rensselaer.
building bonds offered on Nov. obligations; unlimited tax; regisRate of interest to be in a multi¬
23—v. 168, p. 2058—were awarded terable as to principal alone; de¬
ple of 1/10 or V4 of 1%, and must to Roosevelt &
Cross, of New livery on or about Dec. 29, 1948,
be the same for all of the bonds.
York, as l%s, at a price of 100.16, at place of purchaser's choice.
The bonds will be delivered to the
a
basis of about 1.72%.
Dated Bidders are requested to name the
purchaser on Dec. 22, 1948, or as Nov.
1, 1948 and due on Nov. 1 interest rate or rates, in a mul¬
soon
thereafter as they can be
from 1949 to 1958 inclusive. Sec¬ tiple of y4 of 1%. Each bid may
of the
the
of
made
of
Cross,
to
—,
multiple of 14 or 1/10 of 1%, and
S. must be the same for all
^of the
Cullman, Chairman, will receive bonds. The bonds will be in bear¬
sealed bids until l0:30 a.m/(EST)
er
form
without
coupons,
and
on Dec. 7 for the purchase of $7,shall not be convertible into reg¬
000,000 all or none Marine Ter¬ istered form. The bonds will be
minal bonds. Due in 1978. Copies
delivered at the office of the suc¬
Offering
Bond
'
&
was
ed
Bond Sale
The $25,500 con¬
50,000 Funding bonds. Due $10,struction bonds offered Nov. 29—
000 Dec. 1, 1949 to 1953.
Is¬
v.
168, p. 2169—were awarded to
sued to pay a portion of a
C. J. Devine & Co., of New York,
judgment against the City, as
as
13/4S, at a price of 100.035, a
compromised.
Said purpose
basis of about 1.74%.
Dated Nov.
has a period of probable use¬
1, 1948 and due on Nov. 1 from
fulness of five years.
with the purchaser about (EST) on Dec. 6 for the purchase
Jan.
10,
1949.
The
approving of $4,800 not to exceed 4% inter¬
opinion
of
Vandewater,
Sykes, est Schroon Lake Water District
Heckler
&
Galloway,
of
New Extension bonds. Dated Nov. 1,
City,
field
system,
10 years.
agreed
York
100.26
Victor
engine and additions
the
to
Said bonds will be
bonds.
(J-D)
payable in
New may name more than two rates
City. Bidders are request¬ for. either issue, and each bidder
name
the interest rate or must specify in his bid the amount
rates in a multiple of V\ of 1%. of bonds of each rate. Each rate
Each bid may name one rate for must be bid for bonds of consecu¬
part of the bonds (having the earl¬ tive ipaturities. The bonds will be
iest maturities), and another rate awarded to the bidder offering to
of rates for the balance, but no purchase the bonds at the lowest
bid
may name
more
than four interest cost to the County, such
rates, and each bidder must spe¬ cost to be determined by deduct¬
cify in his bid the amount of bonds ing the total amount of the pre¬
1
York.
Schenectady.
be in
Oct.
on
for 2.70s
of
or
without
certified
$1,500
Roosevelt
New
such other place as
may be agreed with the purchaser
about Jan. 3, 1949. The approving
opinion
of
Vandewater,
Sykes,
Heckler & Galloway, of New York
City, will be furnished to the pur¬
York
due
by
purposes
61
terest
and
bid
The
delivered
be
York, N. Y.,
City
has
a
period
of
probable usefulness of five
years, except in the case of
1/10 of 1%, and must be the
same
eductor
of about 2.47%. Dated Oct. 1,
1948
from
chassis and 1949 to 1958 inclusive. Second high
the
System, $5,700 for
$11,000 for a Diesel tractor
and bull-grader. Each of said
interest to be in
lk
sewer
a
York City. Rate
a multiple of
of
additions to
for
500
Principal and interest (J-J) pay¬
able at the Central Hanover Bank
(2377)
CQMMERCIAL & FINANCIAL CHRONICLE
1954
to
1959.
authorized at
These
an
bonds were
election held on
Bidders
will
state
the
July
20.
rates
of interest they will accept
state
whether they will furnish bonds
and legal opinion as to their va¬
lidity.
Delivery of the bonds to
the purchaser will be made at the
First National Bank, Minot.
Prin¬
on
said bonds, and will also
cipal and interest payable at the
Bank of North Dakota, Bismarck.
1967.
10,000 General bonds.
Due $5,000 June 1, 1961 and 1962.
Dated Dec.
1, 1948.
Denomina¬
tion $1,000.
Principal and interest
(J-D) payable in New York City.
A separate bid for each separate
issue (not less than par and ac¬
crued interest) is required. Bid¬
ders are requested to name the
interest rate or rates, in a mul¬
tiple of >y4 of 1%.
Each bid may
name
one
rate for part of the
$145,000 in 1956, $150,000 in 1957,
bonds of either issue (having the
$160,000 in 1958 and 1959, $170,and another
000 in 1960 to 1962, and $175,000 earliest maturities)
in 1963 to 1969. Principal and in¬ rate for the balance, but no bid
OHIO
Burlington Local School District
(P. O. Homer), Ohio
Bond Offering — Gladys Hat¬
field, Clerk of the Board of
cation, will receive sealed
until 8 p.m. (EST)
on
Edu¬
bids
Dec. 20 for
purchase of $60,000 6% build¬
bonds.
Dated Jan. 1, 1949.
Denomination $1,000.
Due $1,000
May and $2,000 Nov. 1, 1950 to
1969.
Bidders may bid for a dif¬
ferent rate of interest in a mul¬
the
ing
tiple of y4 of 1 %. No bids for less
than
par
and accrued interest*
62
These bonds
Utica.
ized
the
at
Bond Offering
Education.
bids until
ion, will receive sealed
(EST) on Dec. 20 for the
p.m.
payable to the Board of
for $600,
Joseph John-
—
Clerk of the Board of Educa-
;on,
general election on
a certified check
Enclose
Nov. 2.
Ohio
Johnstown),
O.
(P.
author¬
were
Local Sch. Dist.
Johnstown Monroe
Payable from unlimited taxes.
Principal and interest (M-N) pay¬
able at the First National Bank,
purchase of $150,000 building un¬
tax bonds. Dated Jan. 1,
1949.
Denomination $1,000.
Due
limited
'
Canal Winchester Local Sch. Dist.,
the
1967, and 7,000 in 1968 to 1973.
Principal and interest (M-N) payble
at
the
Johnstown
Bank,
of Education,
Clerk of the Board
until 8
bids
sealed
receive
will
-
(EST) on Dec. 14 for the
purchase of $22,000 not to exceed
3% interest construction and im¬
p.m.
Dated Jan.
bonds.
provement
Due
Denomination $1,000.
1949.
1,
1, as follows: $1,000 in 1950
to 1955, and $2,000 in 1956 to 1963.
Bate of interest to be in multiple
Dec.
of
of
Vt
at
bidder
to the highest
than
made upon
all
may
number of
any
or
and
be
par
Bids
less
not
interest.
accrued
The
J-D.
Interest
1%.
bonds will be sold
All bids must
bonds of this issue.
state the number of bonds bid for
and the gross
amount of bid and
date of deliv¬
accrued interest to
bonds were author¬
the general election on
These
ery.
ized
at
Enclose
Nov. 2.
a
the Board of
'
'
•
Sale—The
1 from
1,41948 and due on Dec.
Second
inclusive.
1966
high bid of 100.784 for 2y4s was
made by J. A. White & Co. of
Franklin County (P. O.
fered
Sale—The
Mifflin
been
Due
1957
I, 1948. Denomination $1,000.
$1,000 on Nov. 1 from 1950 to
nclusive.
Sch.
No.
D.
F.
R.
2,
Dist. (P. O.
Mansfield),
Offering
Harold Ting-
—
Educalon, will receive sealed bids unil 1 p.m. (EST) on Dec. 21 for
;he purchase of $180,000 not to
\ey, Clerk of the Board of
construction
exceed 3J/2% interest
improvement coupon bonds.
Dated Jan. 1, 1949. Denomination
and
II,000. Due $5,000 April and Oct.
!, 1950 to 1967. Rate of interest
d be in a multiple of
y4 of 1%.
Robert Kolp,
Clerk of the Board
of
Education,
will receive sealed bids until
noon
School
District
Offering—V.
G.
sealed
receive
will
Interest A-O.
bonds
National
zens
authorized
were
These
at the
bids
until
bonds
Bank,
were
Mansfield.
authorized
at
the
The
and
general election on Nov. 2
are
payable from unlimited
A transcript of proceedings
prepared by Bricker, Marburger, evidencing the legality thereof
Evatt
&
Barton
of
Columbus, and the printed bonds will be furnshed promptly. Bond attorney's
whose opinion approving the val¬
idity of the bonds will be fur¬ opinion at option and expense of
general election on Nov. 2.
proceedings looking to the
issuance of these bonds have been
nished
Without COSt.
check
successful
the
to
for
Fncloco
$7,600,
bidder
the
Oberlin
Village Clerk, will receive sealed
bids until
noon
(EST)
on
Dec. 17
for the purchase cf $43,870.32 3%
sewer special assessment
Dated Dec. 17, 1948.
De¬
sanitary
bonds.
nomination
$1,000, one for $1,870.32. Due $5,870.32 March, and
$5,000 Sept. 1 1950, $5,000 March
and Sept. 1, 1951 to 1953, and $3,000
March
bid
for
est in
a
a
1.
1954.
diffe-ent
check
for
amount of bonds
A. J. O'Brien,
—
Enclose
bidder.
1*%
of
a
the
offered, payable
to the District.
Ohio
Hubbard,
Offering
successful
certified
p
payable to
Board of Education.
Bond
taxes.
he
Bidders
rate
of
may
inter¬
multiple of % of 1%. In¬
Exempted Village School
District), Ohio
Bond
Offering
Gordon
R.
—
Bliss, Clerk of the Board of Edu¬
cation, will receive scealed
bids
rntil
noon
(EST) on Dec. 14 for
purchase of $550,000 not to
exceed 3%
interest construction
he
■md
Dec.
improvement bonds.
Dated
1, 1948.
Denomination $1,-
)00.
Due
Dec. 1, 1950 to
Bidders may bid for a dif¬
1971.
ferent
25,000
rate
interest
of
in
a
tiple of y4 of 1%."» Principal and
'nterest
to the
must
Peoples Banking Co., Oberlin, and
are
supported by an unlimited
fax. The bonds will be sold to the
state the number cl bon^s bid for
highest bider offering the lowest
and the gross a^mt rf hid
interest
than
the
accrued
face
value
interest.
accrued intere. t
ery.
(EST)
of
t' e-eof
All
bids
and
and
of d^l;v-
/ Enclose
oar
and
to the
bids
all
rate
not
and
accrued
the
at
less
interest*
than
The
issue.
The
the
election
Village.
Squire,
the
Sanders
suoervision
&
National
Central
Dempsey,
the
be made at the
Cleve¬
of
Bank
land, and the purchaser shall pay
the cost of printing' said bonds and
obtaining approving opinion. En¬
close a certified check for $250,
payable to the Village.
Shaker
Heights
Bond
Clerk
will
Offering
the
of
Dist.
City Sch.
J.
—
bids
sealed
receive
Main,
W.
of Education,
Board
sold
on
Sale
Nov. 18—v. 168, p. 2058—were
on
bonds
These
were
general
author¬
election
on
transcript of proceed¬
C.
Enclose a-certified
the
of
amount
check for
bonds
of
1%
offered,
inclusive.
Warrensville Heights Local
District
—
until
Dated Dec. 15,
bonds.
George A.
1948.
De¬
on Dec. 16 for the
$300,000 \xk% build¬
ing
and
improvement
coupon
bonds.
Dated Dec. 1, 1948.
De¬
nomination
$30,000
Bidders may
$1,000.
Due
Oct. 1, 1950 to 1959.
bid for
in
a
different rate of interest
a
multiple of y4 of 1%. Interest
Each
A-O.
bid
must
state
the
principal amount of bonds bid for
and must be accompanied by a
bond or certified check for $3,000,
is
a
guarantee that if the bid is
accepted
bidder will receive
the
and
for
be
pay
issued
bonds
be
to
bonds
such
forefeited
check to be retained
if
as
may
above set forth, said
as
such 'tondition
or
said
by the Board
is not fulfilled.
These
bonds are part of the
issue, authorized at the
general election on Nov.^2.
$525,000
as
ders
O.
Worthington), Ohio
Bond
Offering—John
to
The
1969.
to
the
than
The bonds will be sold
value
par
thereof
All, bids
and
must
state the gross amount of bid and
accrued
livery.
interest
These
to
are
date
of
the bonds
de¬
au¬
thorized at the general election on
The
2.
Nov.
proceedings looking
are
of the
District.
at
the
ex-
The bonds
payable from unlimited taxes.
a
certified
cjheck for $1,-
Cade,
Clerk of the Board of Education,
500, payable to the District.
will receive sealed bids until noon
West
(EST)
on
$75,000 not to exceed 4% in¬
terest
school
building
coupon
bonds.
Dated Jan. 1, 1949.
De¬
nomination
$1,000.
Due
Dec.
1,
Exempted
Bond
Ohio
Offering—C. F. Holliday,
Clerk of the Board
of
Education,-
will receive sealed bids until
(EST)
on
Sate—The $140,000 build¬
22
168,
—v.
awarded
p.
L.
Evan
to
Oklahoma
of
bonds of¬
improvement
and
fered Nov.
were
City.
2170 —
Davis,
noon
Dec. 10 for the purchase
follows!: $3 0no in 1950 to
1954,
1969.
Rate
equipment bonds.
of
of interest
of
V4
of
1%.
in
to
1935
in
to
a
Interest
multiple of
J-D.
The
1948.
Dated Dec. 16,
Due
Denomination $1,000.
$15,000 Oct. 1, 1950 to
.»
serially
Due
1958 inclusive.
1951 to
Hooker, Okla.
Sale—The
Bond
$73,500 bonds
»
Nov. 23—v. 168, p. 2058
:
on
—were
awarded to
Oklahoma
City,
,k
C.- Edgar
Oklahoma City, as
Sale consisted
of
Honnold,
«
-
a
and
Wichita,
of
Co.,
group com-
& Canfield, of
Small-Milburn
Calvert
of
posed
2y4s, 2y2s and 3s.
-
of:
bonds.
park
$65,500
1961
to
1951
fighting
fire
8,000
Due
from '
inclusive.
equipment
Due from 1951 to 1958
bonds.
inclusive.
Okfuskee
County
(P. O.
Okemah), Okla.
■
~r
Offering—Erma Eastman,
*
County Clerk, will receive sealed
bids
until
1:30
p.m.
(CST) on
:
Bond
6
Dec.
purchase of $200
for the
000 not to exceed 6% interest
-
hos¬
construction bonds. Due in
10 years.
The bonds will be sold
to the bidder offering the lowest
rate of interest and agreeing to
pital
the
bonds
general
interest.
accrued
and
par
authorized
were
election
Nov.
on
sum
in
eoual
to
a
lent
cash
2%
of his bid.
or
of
Bond
1972. Bid¬
»
its equiva¬
the
amount
•
Pottawatomie
-
2.
Each bidder shall submit with his
bid
*
at
,
,
County
(P.
O.
Sale—The $154,000 school
1
<
improvement bonds offered Nov.
23—v. 168, p. 2170—were awarded
to Stern Bros. & Co., of Kansas
City. Due
1960
on
Dec. 1 from 1950 to
inclusive.
of $345,000 2%% construction and
$4,000
.
Okla.
Eufaula School District,
Bond
ing
-
1968 inclusive.
to
Shawnee), Okla.
Village
School District,
Dec. 20 for the purchase
of
Carrolton
Due serially from
Tulsa, jointly.
1951
Na¬
Okla-
City, and Evan L. Davis, of
homa
These
available
First
the
to
tional Bank & Trust Co., of
pay
supervision
of Squire, Sanders & Dempsey, of
Cleveland, whose approving opin¬
be
[
.
been taken under the
will
•
Sate—The $140,000
awarded
were
to the issuance of the bonds have
ion
1,
build- :
ing and improvement bonds of- ^
fered Nov. 22—v. 168, p. 2170— '>
■
interest.
accrued
Dec.
issued
are
highest bidder for not less
the
dated
are
Cushing School District, Oklcu
Bid¬
authority of the laws
of the State, and of the Uniform
Bond Act.
*
\
Bond
the
under
•
bonds
1948.
different rate
a
Interest J-D. The bonds
Enclose
W.
1955
bid for
may
oense
Sharon Local School District (P.
Due Dec. 15,
$1,000.
$7,000 in
to
inclusive.
.
follows: $6,000 in 1950 to 1954,
and
1961
1
Due from 1966 to 1970
10,000 5s.
of interest in multiple of y4 of 1%.
(EST)
ourchase of
•
Due from
4%s.
School
Clerk-Tredsurer of the
Board of Education, will receive
sealed bids until noon (EST) on
Dec. 14 for the purchase of $135;000 2y2% interest building coupon
to
Due in 1959 and 1960.
offered
Bond Offering
1956
1965 inclusive.
'
(P. O. Cleveland 22),
Ohio
from
Due
4y4s.
1958 inclusive.
*
from
payable to the District.
Honnold,
Edgar
$10,000 4s. Due from 1951 to 1955 7
Bond attor¬
ney's opinion at option and ex¬
pense
of the successful bidder.
&
Canfield,
both of '.
Oklahoma City, jointly, at a price,
of par, a net interest cost of about
4.69%-, as follows:
>
- *
and
ings evidencing the legality there¬
of and the printed bonds will be
furnished promptly.
Calvert
to
awarded
De¬
$4,000 Oct.
1, 1950 to 1969.
Rate of interest
to be in a multiple of y4 of 1%.
Principal and interest payable at
the Citizens National Bank, Mans¬
:
$40,000 gas
distribution system bonds offered
Pittenger,
1949.
Okla.
The
—
-
;
Choteau,
10,000
1,
23.
Nov.
4,000 4^s.
nomination
noon
p.m.
Bond
Mansfield),
Jan.
•
purchase
.
Walker,
(P. O. Cleveland 20), Ohio
and
under
bonds will
of the
Dated
bonds.
*
un¬
(CST) on Dec. 7 for
of $150,000 water
works
system bonds* originally
reported as being scheduled to be
(P. O.
nomination $1,000. Due
A
Delivery
2.
Nov.
on
chase
3y2%
2.
Nov. 15. These
on
Clerk, will receive bids
7:30
the
Dec.
on
Nov.
authorized at the gen¬
were
a
21 for the pur¬
of
$80,000 not to exceed
interest
school
addition
(EST)
the
of
ordinance
an
til
receive sealed bids until 1:00 p.m.
at
authority of the laws
and particularly the
with
of
with
accordance
Bond Offering—H. S.
issued
be
Offering—Beatrice Been,
Bond
Clerk of Board of Education, will
ized
Uniform Bond Act and in accord¬
as
bonds
will
t
Town
Ohio
entire
the
for
issued
.*
Antlers, Okla.
District.
to the
field.
State
been
these
be
bonds
under
of the
issu¬
of
of
Bank
value thereof and
must
in
>
*
bonds
general
Section 2293-19
of
R. F. D. No. 2,
highest bidder offering the
face
the
<
2.
'
6,000
lowest rate of interest for not less
thanVthe
at
Union Local School District
Cleveland. The bonds will be sold
have
ance
taken
payable
(J-D)
Central National
These
at
Nov.
on
.
a certified check for $10,payable to the Board of Edti- *
number of
any
authorized
were
election
!
expense.
OKLAHOMA
p.m.
multiple of V4 of 1%. Prin¬
cipal and interest (J-D) payable
proceedings looking to the
cheek for $4,387.03. payable to the
able
Bidders may
different rate of interest
a
or
issue.
a
$4,000 in 1954.
bid for
the
to
tion, adopted on Nov. 15. Enclose
certified check for $1,000, pay¬
W.
drainage sewer, issue of 1948, cou¬
pon bonds.
Dated Dec. 15, 1948.
Denomination $1,000. Due Dec. 15,
as follows: $3,000 in 1950 to 1953,
and
sold
authority of the laws of
and
under
Dec. 13 for the pur¬
$16,000 2y2%
interest
on
chase
8
mul¬
a
resolution of the Board of Educa¬
will re¬
until
bids
sealed
ceive
Russell
—
Clerk,
Village
mul¬
terest M-S. The bo^ds will be sold
highest bidder for ro*■ less
Offering
Bond
Hanslik,
eral
Dudley,
Clerk of the Board of Education,
Bond
Heights (P. O. 6420
Cleveland 20),
Ohio
bonds
on Dec. 14 for the purchase
1 p.m. (EST) on Dec. 21 for the
$758,000 not to exceed 3J/2% purchase of $24,000 not to exceed
interest construction and equip¬
31/2 %
interest
building
bonds.
ment bonds. Dated Dec. 1, 1948.
Dated Jan. 1, 1949. Denomination
Denomination $1,000.
Due Oct. 1, $1,000. Due $2,000 Oct. 1, 1950 to
as follows: $33,000 in 1950 to 1971,
1961. Rate of interest to be in a
and $32,000 in 1972. Rate of in¬ multiple of y4 of 1%. Principal
terest to be in a multiple of y4 of and interest
payable at the Citi¬
These
Richmond
1959.
Nov. 2, and are
State,
at
cation.
the General Code of the State, and
Richmond Road,
Village, adopted
(P. O. R. F. D. No. 2,
Mansfield), Ohio
(EST)
1%.
the
all
on
under the
bonds
the
of
amount
the
bonds
general
000.
$1,000
to
be in
be
authorized
election
certified check for
furnished
purchaser's
at
De¬
1949.
Due
to
will
this
of
be
to
Enclose
of 1%. Interest M-N.
made upon
offered, payable to the District.
the
the
of
j
of
1,
1950
1
interest
bonds
were
1%
the
Bargus,
highest bidder at not less than par
and accrued interest. Bids may be
and expense
at
at
of
bonds
general
Local
Mifflin
District,
Ohio
—
Rate
tiple of y4
opinion at option
of the successful bid¬
a
These
Ohio
D.
$1,000.
Nov.
and
Bond attorney's
ance
City School
Bond Offering
May
The
Jan.
Dated
nomination
proceedings evidencing the le¬
gality thereof and the printed
bonds will be furnished promptlly.
Enclose
blanks
terest construction and equipment
general
transcript
A
2.
Nov.
on
Bond
(EST) on Dec. 11 for the purchase
$20,000 not to exceed 4% in¬
of
2, and are pay¬
unlimited
taxes.
A
Nov.
on
from
2058
Co., of Cincinnati.
Greenville
election
crued
of
bonds.
for and
amonut of bid and ac¬
interest to date of delivery.
gross
opinion
will receive sealed bids until noon
the
at
authorized
bonds
the number of bonds bid
the Board of Education,
Clerk of
All bids must state
of this issue.
the
School District
Local
Offering—A.
Bond
bonds
highest bidder
at not less than par and accrued
interest, and bids may be made
upon all or any number of bonds
the Board of Education's expense,
O. Collins),
(P.
office,
The
A-O.
be sold to the
will
$1,500, payable to the Board
Townsend
a
transcript of proceedings evidencng the legality thereof and the
Savings B^nk & Trust Co., of Cin¬ printed bonds will be furnished
cinnati, as l%s, at a price of promptly. Bond attorney's opinion
100.227, a basis of about 1.708%.
it option and expense of the suc¬
Dated Nov. 1, 1948 and due on
cessful bidder. Enclose a certified
Sept. 1 from 1950 to 1959 inclu¬ bheck for 1% of the amount of
sive. Second high bid of 100.049
the bonds offered, payable to the
for 13/4s was made by J. A. White
District.
&
Schools
general election, on
Enclose a certified check
Interest
1%.
author¬
were
bid for a different rate
a multiple of
V4 of
may
of interest in
of Education.
County Superintendent of
the
at
in
authorized
•lection
able
bonds
These
Mansfield.
the Provident
awarded to
—were
for
ders
date of deliv¬
the
at
Nov. 2.
Pearl
Mrs.
—
Hodges, Clerk of the Board of
Education, will receive sealed bids
der.
Local
dadison
were
$22,400 Sewer
1 bonds of¬
No.
Nov. 26—v. 168, p.
on
purchased by the City
Cemetery Trust Fund. Dated Dec.
las
Bank,
Columbus), Ohio
Bond
sewer
x%incipal and interest (A-O) pay¬
able
at ' the
Citizens
National
Cincinnati.
District
issue of $8,000
construction bonds
Bonds Sold—An
Bond
$153,000 sani¬
tary sewer bonds offered Nov. 19
168, p. 1950—were awarded to
Braun, Bosworth & Co., of Toledo,
as 2y4s,
at a price of 101.124, a
basis of about 2.23%.
Dated Oct.
to
ized
Ohio
Offering
amount of bid and
bonds
These
ery.
District,
Plymouth Village School
Mansfield, until
noon
(EST) on Dec. 21 for the
will be sold to the highest bidder
purchase $48,000 not to exceed
,t not less than par and accrued
3y2%
interest building coupon
nterest.
All bids must state the bonds.
Dated Jan. 1, 1949.
De¬
.umber of bonds bid for and the nomination
$1,000.
Due
$3,000
;ross amount of bid and accrued Sept.
1, 1950 to 1965.
Rate of
nterest to date of delivery. En- interest to be in a multiple of V4
dose a certified check for $1,500, of
1%.
Principal
and
interest
payable to the Board of Education. payable at the Peoples National
Bank, Plymouth.
These are the
Lorain, Ohio
,
ytorm
the gross
and
All bids must
accrued interest to
Clerk.
Ohio
—v.
1950
a
number of
any
or
bonds of this issue.
of 1%. The bonds
nultiple of V\
'.f *
Ohio
Clyde,
.
Bond
in
interest
of
rate
jifferent
certified check
for $500, payable to
Education.
Bidders may bid for a
,'ohnstown.
or
Bond
all
state the number of bonds bid for
Nov. 2.
on
000, payable to the above
;o
L. Cook,
made upon
are
may
and
be
Enclose
certified check for $6,-
election
bond
These
par
Bids
interest.
accrued
of the
expense
than
less
not
at
bidder
authorized at the gen¬
bonds
eral
a
the
Education.
of
in 1950
1, as follows: $6,000
iov.
Ohio
Bond Offering—Hazel
at
furnished
be sold to the highest
bonds will
Cleveland, whose approving opin¬
ion and the printed bonds will be
Board
Monday, December 6, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2378)
Sayre, Okla.
Bend Sate—The
bonds
$45,000 hospital
23—v. 168, p.
offered Nov.
,
Volume 168
2058—were
National
Number 4757
awarded
Bank
&
to
the
Trust
THE
Co.,
City shall have the option to re¬
deem the
bonds, in numerical or¬
der, upon the payment of the face
of
Oklahoma City.
Bond
will
Offering
the
ox
receive
(CST)
bids
on
any interest
after three
James Taylor,
—
Board of
7:30
bonds
p.m.
of
$35,000 building bonds.
Due
7,000 in 1951 to 1955.
The bonds
shall be sold to the bidder offer¬
ing the lowest
rate of interest and
rate
pay par and accrued
Each bidder shall sub¬
mit with his bid
its equivalent
a
in cash
sum
in
or
2%s, at
the
school
purchased
building
bonds
Nov. 18
on
by the State,
National
Bank
of about
Florence, Ore.
Sale—The $9,807.13 Ban¬
Bond
Improvement bonds, series
B, offered on Nov. 15—v. 168, p.
awarded
to
the
due
for 3V4S
United
States
about
Portland.
1949 to 1958
serially from
Only
the
bid
one
submitted
was
issue.
'
Jackson
County School
Bond Sale—The
bonds
offered
2170
First
on
National
bid
a
cost
1,
of
reflecting
and
23
of
on
optional.
100.12
for
of
Lane
the
Portland,
Dated
Jan.
Jan.
1
from
The bonds
Second high bid
2%s
State
168,
to
net interest
a
2.63%.
due
1952 to 1961 inclusive.
are
v.
—
awarded
Bank
about
1949
$550,000 school
Nov.
were
—
750,000 2Yis.
1960 to
or
the
Bank
2.27%,
County
was
made
of
by the
Oregon.
$140,000
of
bonds.
69
District
No.
(P. O. Junction City), Ore.
Bond
Offering—Gertrude San¬
District Clerk, will receive
ders,
sealed bids until 8 p.m.
(PST)
Dec. 10 for the purchase of
until
coupon
shall
be
callable
due
at
date
par
on
any
Jan.. 1,
1954, by 30 days' notice published
"in a County
newspaper, the bonds
to
be
called
in
inverse numerical
principal
1966
order,
beginning with No. 250.
Principal andMnterest payable at
the County Treasurer's
office, or
at
the
in
New
fiscal
agency
York
'
of the
State
City, at the option
of the purchaser.
Bidders
are
at
which
they
will accept
premium. Bids
the bonds at par or
to
be
unconditional.
are
The
School
Board reserves the right
reject any and all bids, and also
to waive any and all
informalities
to
in the
bids.
All bids
writing. Enclose
a
be
must
in
certified check
,for $5,000.
No.
Bond
.bonds
p.
Sale—The. $72,500
offered Nov. 22
2058
—
—
son-Jones
,2sAs, at
a
were
school
v.
168,
awarded to Atkin¬
&
Co., of Portland, as
price of 100.31, a basis
.of about 2.68%. Dated Dec.
1, 1948
and due on Dec. 1 from 1949 to
.
1958 inclusive.
Second high bid
of 100.17 for 2%s was made
by the
First National Bank of Portland.
bids
Dec.
until
7:30
p.m.
(PST)
on
13 for the
purchase of $59,; 136.11
improvement, Issue 1949*A
bonds.
Dated Jan. 1, 1949.
Due
Jan. 1, as follows
$5,136.11 in
'and $6,000 in
1950,
1951
to
1959.
The
to
subsequent
3%
of
interest
on
an
the
face
the
face
amount
amount
if redeemed
an
interest date from Dec.
1,
to
June
Deci
bonds
to their
1,
de¬
levied pursuant to
any present or
future law of the Commonwealth.
shall
Ys
of
specify in a mul¬
1%, a single rate
of interest which the
bonds
bear.
The bonds are
are
general
to
ob¬
1,
less
of
to
are
the
be
their
inverse
ders
are
bonds
of
to
are
cost
at
and
accrued
a
price not less than
bonds
granted,
will
aWard.
Nov.
2.
En¬
cashier's
or
par
date
of
Purchasers will be fur¬
nished with the printed bonds and
an
opinion of Huger Sinkler, of
Charleston.
Unless permission is
the
or
to
delivery.
purchasers
certified
interest
bids
shall
be
for
Enclose
a
certified check
$8,000, payable to the Town.
treasurer's check for $1,220,
pay¬
able to the
Borough.
SOUTH DAKOTA
Bond
Chester, S. C.
Bond Sale—An issue of
$100,000
water and sewer revenue
bonds
was awarded on Nov.
23 to F. W.
Craigie & Co., of Richmond,
Hamilton & Co., of Chester,
and
joint¬
ly, as*2%s, at
a
price of 100.212,
a
Sale
The
works bonds offered
—
$5,000 water
on
Nov. 22—
168, p. 2171—were awarded to
the Farmers &
Merchants
v.
of
at
Platte, the only bidder,
par.
Cincinnati,
McDonald-Moore
Co., of Detroit; Jack M. Bass
Co., and the Temple Securities
Dated
Dec.
any
interest payment date.
1,
1953;
Bank,
as 3s,
1948 and
optional on
on
Dec.
The
1948
Due
bonds
and
1959
follows:
as
Nov. 1 from
on
1 from
The
are
those
dated
pre¬
miums
1,
1949.
Nov.
1,
from
maturing
1968 inclusive are
in inverse numerical
call¬
order,
1958, or on any subse¬
interest payment date, at
quent
par
and accrued interest.
high
bid
of
6s,
100.349
Second
for
$300,000
l%s, and $400,000
cost of about
2.75%,
by Ira Haupt & Co.,
$1,300,000
2Y2S, or a net
was
made
New
York, and associates.
Lauderdale
County
bonds
on
Sale—The
offered
Nov. 16—v.
at
168,
O.
proved
by
Boothman,
were
1740—were
Hermitage Securi¬
ties Co., of
Nashville, as 2Y4S, at
price of 100.27, a basis of about
2.15%.
Dated Dec. 1, 1948 and
due $10,000 on Dec. 1 from
1949 to
1953
inclusive.
The
Equitable
Securities Corp., of
Nashville, bid
100.21 for 21/4S.
Garland
(P. O. Jackson),
Offering—August
dated Jan.
Huguenin
an
&
The bonds
election
on
Indep. School District,
Texas
Bond Sale—The
$300,000 school
house bonds offered Nov.
19—v.
168, p.
1951—were
awarded
to
Dallas Ruoe &
Son, of Dallas,^a
bid reflecting a net
interest
cost of
are
on
about 2.935%.
The bonds
dated Dec. 1, 1948 and mature
July 1 from 1949 to 1978 in¬
Grand Prairie, Texas
Bond
Offering — Mrs. Stella
City Secretary, will re¬
ceive
sealed
(CST)
on
of
bids until 10 a.m.
Dec. 15 for the purchase
not to exceed Zy2%
$150,000
interest
sewer
improvement and
series
1949
bonds.
Dated Jan. 10,1949. Due
$2,000 in
1950 to
1954, $4,000 in 1955 to
1964, $5,000 in 1965 to 1969, $7,000
extension,
in 1970 to
1974, and $8,000 in 1975
to 1979.
Optional 20 years after
date of issue at
par. Legal opinion
of McCall, Parkhurst &
Dallas, and printed bonds to be
furnished by the City. Enclose a
for
Wilde,
at public
cashier's check
or
$3,000.
LaMarque Indep. School District,
Texas
Bonds Publicly Offered
—
The
following $235,000 school building
are
being publicly offered
by Louis Pauls & Co., of Galves¬
bonds
ton:
$225,000
3%
follows:
County Judge, will sell
year.
Oct. 2.
and
1948 bonds.
Tenn.
Bond
Dumas,
of Dallas.
authorized at
awarded to the
Madison County
per
are
Interest F-A.
certified check
$50,000 school
public auction
p.
y2 %
Crowe, of
(P.
Ripley), Tenn.
Bond
of
Edwards County (P. O. Rock
Springs), Texas
Bonds $>old—An issue of
$50,^000 31/2%' road bonds
has been
purchased
at
par
by
Van
H.
Howard
Co., of San Antonio.
Dated Nov. 10, 1948.
Legality ap¬
Rohde,
Nov. 1,
on
Feb.
on
inclusive.
are
All of the bonds
Nov. 1 from
on
1952 to 1961
bonds
optional Feb.
1, 1954, at price of 102.50, and
thereafter at declining
Nov. 1, 1958
on
1,
1951.
169,000 23A% bonds. Due
clusive.
to
able,
1,
due
sold
were
a
Corsica, S.0Dak.
SOUTH CAROLINA
a syndicate
Equitable Securities
1960 to 1968 inclusive.
at
Newberry, within
days after the occasion of their
60
Nov.
Due Feb.
13,000 21/2% bonds. Due Feb.
1,
pay¬
2.53%, to
of
1959.
900,000 2Y2s. Due
opinion. The
delivered to the
be
offered
Dist.,
1950.
and
this
on
bonds
200,000 2V4S. Due
the
interest
$13,000 2 V4% bonds.
Interest
1952 to 1957 inclusive.
&
bear, and they will
offering
school
600,000 2V2S.
order.
which
be awarded to the bidder
to take them at the lowest
Borough. These bonds are part of
the $70,000
issue, authorized at
a
interest
inclusive.
on Nov. 1 from
1949 to 1951 inclusive.
in
Bank
1960
Principal and interest
County (P. O.
Knoxville), Tenn.
Bond Sales
The $2,000,000
New York City. Bid¬
invited to name the rate
conditioned
general election
Hanover
to
Knox
Co.,
rates
or
redeemed
numerical
Central
Trust
be
re¬
pur¬
$300,000 4V2S. Due
prior
shall
been
par,
The bonds
to be
redeemed
has
Corp.
outstanding
redeemed
$27,000
revenue
Sch.
aggregating
$195,000 have been purchased
by
the First of Texas
Corp. of San
Antonio, and James C. Tucker &
Co., of Austin, jointly:
Tenn.
works
>'
,
Independent
Texas
Bond Sold — The
following
school house bonds
on
able at the Union Planters Na¬
tional Bank Trust Co. of
Memphis.
&
1963
maturity, the bonds
from ad valorem taxes levied
all taxable real estate within
close
1956
J-J.
&
no premium if
interest date from
to June 1, 1973. If
all
otherwise
the
TEXAS
Carthage
by C. H. Little &
Co., of Jackson. Dated Jan. .1,
1949.
Denomination $1,000.
Due
Jan. 1, as follows:
$2,000 from 1950
to 1955 inclusive, and
$3,000 from
of
1970;
1970
than
ligations of the Borough payable
on
as
bonds
chased, at
on an
the
gift,
taxes)
funding
$5,000, pay¬
County Trustee is re¬
July,
last
Corp.; Stranahan, Harris & Co.,
Inc., of Toledo; American Na¬
Bank, of Nashville; Fidel¬
ity Bankers Trust Co., of Knox¬
ville; Martin, Burns & Corbett, of
Chicago; Ellis & Co.; Weil, Roth
& Irving
Co.; Widmann & Co., all
on
to
as
quired.
sold at a
follows: $85,000
tional
if
limitation
check for
able to the
Oct. 1 from 1950 to 1968
cost of about
Principal and interest payable at
are payable
without
duction for any taxes
(except
succession or inheritance
par,
on
composed
interest
without
being
29—v. 168, p. 1847—were awarded
at a price of
par, a net interest
on an interest date
from
Dec. 1, 1957 to June 1,
1963; 2% of
sealed bids until 7 p.m.
interest
offered
—
pay¬
par
better,
or
A certified
were
are
water
rural
are
Dec. 17 for the purchase of
$61,000
improvement
coupon
bonds.
Dated Jan. 1, 1949. Denomination
1, as follows: $3,1967, and $3,500 in
1968 and 1969.
Registerable as to
principal only. The principal and
bonds which
.
redeemed
redeemed
000 in 1950 to
31/4%
rev¬
400
of
or
County. The
shall
furnish
the
printed bonds at his own
expense.
TENNESSEE
com¬
1, 1952 to June 1,
1957;
Salem, Ore.
Bond Offering—Alfred
Mundt,
City Recorder, will receive sealed
43
amount if redeemed
date from Dec.
Cambridge Springs, Pa.
Offering—Gertrude Baird,
Borough Secretary, will receive
County School District
tiple of
(P. O. Portland), Ore.
9
$400,000
system
date, at par, plus accrued
interest to the date fixed for re¬
demption and a redemption pre¬
mium as follows: 4% of the face
Bond
Each bid
Multnomah
numbered
any
ment
$2,800,
Due Jan.
of
4s, due
16
subject to redemption at the op¬
tion of the Town on Dec.
1, 1952,
District.
on
utility
interest,
at the expense of the
Oct. 1 from 1969 to 1973 inclusive.
bids
$500.
re¬
quested to include the rate of in¬
terest
bonds
of
Dec.
on
preference
bid
amount, and are being is¬
subject to the
approving
opinion of Chapman &
Cutler, of
subsequent in¬
date, at par and
inclusive, and $35,000 4V2S, due
to
or
certified cashier's
check for
(EST)
(EST)
a.m.
public
Bonds
property within the District with¬
in the limitations
prescribed by
treasurer's
levied
any
revenue
price
1968, $20,000 in 1969 and
1970, and $22,000 in 1971 to 1973.
payable without
future law of the Com¬
monwealth.
Registerable
as
to
or
The
1951,
or
payable to the
on
payment
unsuccessfully
$12,000 in 1952 to 1955, $14,000 in
1956 and 1957, 15,000 in 1958
to
1960, • $16,000 in 1961 and
1962,
$18,000 in 1963 to 1965, $19,000 in
for any taxes,
except
succession,
or
inheritance
taxes,
levied
pursuant
to
any
a
or
sewer
Salley,
sealed
accrued
rate
dated Dec.
Roscoe, S. Dak.
Bonds Sold—Local investors are
taking up the $120,000 water and
Dated Dec. 1, 1948.
Denomination $1,000.
Due Dec. 1,
as follows:
$10,000 in 1949 to
gift,
Enclose
receive
equal,
given to the
be
less
other
which specifies the lowest
coupon
interest rate.
The bonds will be
the direct general
obligations of
the
County, payable from taxes
inclusive;
Bonds Sold—An issue df
P.
being
will
1
for
All
purchaser
bonds.
enue
terest, expressed in a multiple of
% of 1%, the rate to be uniform
law.
11
bined
on
after
will
A.
—
for the purchase of
principal only. The purchaser will
receive without
charge the opin¬
$250,000 school bonds.
Dated Jan. 1, ion of Burgwin, Churchill & Ruf1949.
Denomination $1 000,
Due fin, of Pittsburgh, that the bonds
Jan. 1, as follows:
$17,000 in 1950 are valid, general obligations of
to 1963, and $12,000 in 19*64.
All the District, payable from ad va¬
bonds maturing after Jan.
1, 1954, lorem taxes, levied on all taxable
interest
Offering
Mayor,
Bank,
Braddock.
The
bidder will
specify the rate of in¬
present
are
considered
the bonds.
Chicago, which opinion will be
furnished to the successful bidder
Newberry, S. C.
Bond
National
are
things
of
date,
Halls,
'
Dec. 1, 1948.
De¬
$1,000.
Due
$7,000
Dec. 1, 1949 to
1968.
Principal
and interest
payable at the First
interest
1949 to 1958
be
all
and
Dec.
inclusive.
accrued interest.
about
Bank
than
inclusive;
on
1968
will
than
more
sued
terest
City Bank
Craigie &
National
bid
specify
of
1, 1948. The bonds maturing after
1, 1958 are callable on that
account
an
W.
to
rate
interest, which shall
apply to the entire issue, and no
Atlanta.
deduction
School
Southern
C.
Dated
for the entire issue. The
F.
2
shall
one
Dec. 1
Dec.
Co., of Richmond, and the Citizens
nomination
and
by
National
York,
1959
All of the bonds
from
of
1958
$70,000 3s, due
1 from
dated Jan.
cost
made
was
New
&
Stephen
refunding
interest
composed of
of
✓
—
net
a
to
bid
no
inclusive;
on
and $30,000 3s, due on Dec. 1
from 1959 to 1968 inclusive.
on
are
1958
50,000 street improvement bonds:
for $20,000 2V2S, due on Dec.
Jan. 2 from
inclusive.
1969
to
1949
from
Second high bid of 100.02
for $150,000 4s and
$1,350,000 2V4s,
Braddock School District, Pa.
of
and
2, 1949.
of
by
Due
All of the bonds
receive sealed bids until 8:30
p.m.
(EST) on Dec. 3 for the purchase
District
1—
Due on Jan. 2 from
1953 to 1959 inclusive.
Christian, District Secretary, will
(No. 5 (P. O. Ashland), Ore.
p.
Due on Jan. 2
1950 to 1952 inclusive.
a
bid
made
National
Bond Offering
from
525,000 l%s.
PENNSYLVANIA
for
•
Dec.
on
$225,000 5s.
inclusive, and callable
on
any interest payment date af¬
ter two years from date of issue.
offered
1949
$81,000 3s, due
120,000 fire prevention bonds: for
$50,000 2V2S, due on Dec. 1
$1,500,000
a price of
100.089, a
interest cost of about
2.20%,
follows:
as
1960 to 1963
high
was
■
bonds
The
168, p. 2171—were awarded to
syndicate composed of the Harris
follows: $118,-
as
Second
100.28
Due
Portland, at
Dec. 15 from
on
County Bank, of Florence, as 41/4s,
at a price of
100.254, a basis of
4.10%.
District
inclusive, and $53,000 3Y4S,
inclusive.
Lane
and
net
000 3s, due on Dec. 15 from
1950 to
1959
croft
1951—were
pay¬
net interest cost
a
from
Charleston, at
of
3.12%,
Sale—
at
p.m. (CST) on Dec.
14, $150,000 not to exceed 4% in¬
terest
refunding
bonds.
Dated
Jan. 1, 1949.
Denomination
from 1959 to 1968 inclusive.
Savings Bank, of Chicago,
R.
S.
Dickson
&
Co., of New
York, A. M. Law & Co., of Spar¬
tanburg, Courts & Co., of Atlanta,
and
E.
H.
Pringle & Co.,
of
City.
price of 100.01,
',
bonds,
subse¬
any
Trust &
bonds offered Nov. 16—v.
168, p.
1951—were awarded to the First
was
2%&,
as
the
on
v.
a
of
Athena), Ore.
Bond Sale—The
$171,000 school
$130,-
000
to
Umatilla County School
No. 7 (P. O.
County School District
No. 11S (P. O.
Gladstone), Ore.
Bonds Sold—An issue of
,
value of the
par
able
basis of about 2.72%.
Clackamus
school
nished the successful bidder. En¬
a certified
check for 2% of
price of 100.17,
a
Bond
close
Co., of Port¬
or
Greenville School
District, S. C.
his
approving opinion
1949,
Charleston.
McCulloch,
Shuler
&
Sayre, of Portland, will be fur¬
$75,000 swim¬
ming pool bonds offered Nov. 23—
168, p. 1951—were awarded to
as
legal
15,
auction
Nov. 30—v. 168,
p. 2171
awarded to a group com¬
on
1,000.
posed of. Kalman & Co., of St. Due
Jan. 1, 1962.
Principal and
Paul, Pierre National Bank, and interest
(J-J)
payable
at
the
the First National Bank of
Pierre, Chemical Bank & Trust
Co., New
at a price of
100.014, a net interest York. The bonds will be sold
at
cost of about
2.88%, as follows;
not less than
par and accrued in¬
$150,000 water works bonds: for terest. All interest rates bid must
$69,000 2Y2S, due on Dec. 1 be in a multiple of
of 1% and
interest payment
date, at
premiums starting at 5% and
de¬
thereafter. Legality ap¬
proved
by
Huger
Sinkler,
of
Winfree,
Sale—The
v.
land,
to
—were
M-S.
clining
par
add
Interest
Pierre, S. Dak.
Sale—The $320,000 bonds
Bond
offered
on
The bidder
to
inclusive.
Sept.
a
prior
Bend, Ore.
a
required
Sept. 15,
Sept. 15, as
on
quent
statement of the net cost to
the City if his bid is
accepted. The
OREGON
the Charles N.
Tripp
be
mature
Bonds maturing on
Sept. 15, 1950
and
thereafter are callable
or
will
bid
.
1967
the
and accrued interest.
equal to 2% of the
amount bid.
Bond
are
and
follows: $5,000 from 1949 to
1962
inclusive, and $6,000 from 1963 to
or
from the date the
issued.
Principal and
rates of interest
designated
bid accepted.
The bonds
will be sold for not
less than
agreeing to
interest.
paying date at
63
of
1948
interest payable at the
City Treas¬
urer's office.
Each bidder should
name the rate of
interest at which
the bidder is
willing to accept the
bonds.
The bonds will bear the
Dec. 6 for the purchase
on
CHRONICLE
about 2.729% to matur¬
The bonds are dated
ity.
years
Education,
until
basis
value thereof with accrued
interest
Wetumka School District, Okla.
Clerk
COMMERCIAL & FINANCIAL
(2379)
First
1976
3Vz%
series of
Due March I, as
1949 to
$1,000 from
inclusive;
$2,000, 1977;
$31,000, 1979;
$33,000, 1981;
$34,000 in 1982, and $35,000* in
$30,000,
$32,000,
1978;
1980;
«4
/
1983.
Callable
March
on
or on any subsequent
interest payment date.
10,000 3% series of 1948-A bonds.
Due $2,500 on Dec. 15 from
1948 to 1951 inclusive.
All of the bonds
V, 1948.
are
National
payable at the City
Bank
of
Houston.
Le¬
gality approved by Vinson, Elkins,
Weems & Francis, of Houston.
Port
Arthur, Texas
Bond Sale — The $440,000 gen¬
eral obligation, bonds offered Nov.
23—v.
ed to
168, p. 2059—were award¬
syndicate composed of C.
& Co., Paine, Webber,
& Curtis, both of Chi¬
cago; Fox, Reusch & Co., of Cin¬
cinnati, and R. J. Edwards, Inc.,
of Oklahoma City, as 2V2S, at a
price of 100.77, a net interest cost
of about 2.366%. Sale consisted
a
Childs
Jackson
of:
$400,000
street
bonds.
Due
\
7:30
$800,000
1951
—
Work
on
to
1957
480,000 2.40s.
Sewer
Due
March
10
inclusive.
*
•;
100,000
bonds
1948.
Due
dated
are
March
10,
Dec.
10,
follows:
as
$200,000 in 1950, $215,000 in 1951,
$125,000 in 1952 and 1953, and
$120,000 in 1954 to 1961, optional
March 10. 1959.
(These bonds are part of the
$3,250,000 issue offered on Nov.
24, for which all bids received
were
rejected.)
■
Airport
bonds.
Due
follows: $10,000
■
'
Richmond,
Jan.
1, 1949. Denomina¬
Principal and interest
tion $1,000.
payable at a Waco bank to
designated by the City, Bids
to
or
are
be
by
%
be
pn interest rates specified
the bidders in a multiple of
1/10 of 1%, with not
than
two
rates
of
more
interest.
The
lowest bid shall be determined
by
the net interest cost to the
will
same
for all of the bonds.
and interest
(J-J) payable at the
office of the Director of
to
bids
and
to
waive
technicalities
City.
JNp bid for less than
par and ac¬
interest will be accepted.
Bidders may bid on any one or
crued
Finance,
the holder, at
Co., or other
fiscal agent of the City in New
York City.
The successful bidders
will be furnished with the opin¬
ion of Reed, Hoyt &
New York
valid and
or
as
Finance,
soon
bonds
on
Jan. 12, 1949,
after that
be
can
date
as
prepared for
all proposals
livery.
the
the issues offered but not
less than all of one issue. Bidders
are
requested to show the total
net interest cost to the
City on
end of the above
each
$75,000.
terest
the
rate
of
turity.
The
livered
at
the
average in¬
issue to ma¬
bonds will
the
City's
be
expense
to be designated
purchasers. If the bonds
by
the
are
not
or
Bond
Enclose
cashier's
Roanoke,
de¬
within 60 days from the date bids
are received at a national bank in
Waco,
certified
day.
Sale—A
check
a
for
Va.
be
returned.
voted
were
May 6,
at
an
These
bonds
four-way tie for
high bidder, each tender speci¬
fying a price of 100.0909 for 2y8s,
came to light with the
opening of
tenders for the
$1,100,000 perma¬
improvement bonds
election
held
1948, and at an election
Aug. 17, 1948. The City
held
on
will
furnish
without
expense
to
the
purchasers the
unqualified
approving legal opinion of Vinson,
Elkins,
Weems
&
Francis,
of
DIVIDEND NOTICE
United States
Plywood
Corporation
this
corporation have been declared payable
12,
1949.
to stockholders of record
the close of business December 31. 1948.
January
^
w
--
SIMON OTTINOER. Secretary.
N.
Dec.
from
1
Due
those
and
result
a
out of
name
that
was
the
a
hat. The
bonds
after
or
WASHINGTON
but on or before Oct. 1, 1966; or a
premium of 3% of their par value
if
redeemed thereafter
top bids
2%
thereafter
deemed
bonds offered
$2,000,-
Nov. 23—
York,
&
Co.,
A.
&
burgh, at
interest
Inc., both of New
Masten & Co., and
E.
Thomas
a
Co.,
of
Pitts¬
price of 100.08.
of
cost
follows:
both
about
net
a
1.659%,
as
$320,000 4s. Due
Dec. 1
1949 to 1952 inclusive.
on
iy2s.
Due
from
Dec.
on
1
from 1953 to 1968 inclusive.
400,000 l%s. Due
on
Dec. 1 from
All of the bonds
are
dated Dec.
1, 1948.
WISCONSIN
County (P. O.
Lancaster), Wis.
taxable
$1,100,000 non¬
highway
improvement
bonds offered
on
Nov. 26—v.
168,
the net
revenues
Y„ December
1.
1948.
the
bidding
groups
determined that market conditions
dictated
the
maximum
allowable
premium of $1,000 for the bonds
as
2y8s, but not
a
derived from
included
by
revenues
of
formance
completion
in
price of par for
to
the
Savings Bank, of
and
Hornblower
&
Weeks, of New York, jointly, as
1.70s, at a price of 100.07, a basis
of
about
1.66%,
Dated
June/1,
1946 and due on May 1, from 1953
to 1966 inclusive.
Second
high
bid of 100.428 for l%s was made
such
newspaper of general
in
the
City of Mil¬
a
circulation
waukee, and in
in
New
as
part
ful
a paper circulated
City which carries
York
of
its
bidder
regular
the
service,
Enclose
of
certified
a
the
executed
bonds,
interest to be added.
ery, accrued
check for 2%
value of the bonds,
payable to the City Treasurer.
par
WYOMING
Afton,
certain other
pledged under
entirety.
Caldwell,
the
contracts
and
Project in its
Legality approved by
Marshall, Trimble &
Mitchell of New York.
sioners
of
receive
sealed
the
Public
bids
the
Comptroller's office, until 11
1958 to
000
in
Sale—The issue of $100,building bonds offered Nov.
168, p. 1952—was awarded
to Peters, Writer & Christensen,
of Denver.
Dated Aug. 1, 1948
000
and
and
1969,
1983
and
1984, $110,000 in
1985, $115,000 in 1986, and $120.000
in
1987
and
1988.
The bonds
will bear interest from their date
at
a
City shall not
expressed
in
a
multiple of y8 of 1%.
Principal
and interest payable at the City
Treasurer's office, or at the option
of
the
Trust
holder
Co,.
New
at
the
York
Guaranty
City. The
bonds shall be subject to redemp¬
from
1
The
1949 to
bonds
Lusk, Wyo.
$40,000
Bond
are
Sale—The
water
extension bonds offered Nov. 23—
168, p. 2171—were awarded to
Coughlin & Co., of Denver, as
v.
The bonds
3.40s.
1949
1,
1959
at
and
due
are
on
dated
Jan.
Jan.
1 from
Callable
inclusive.
1968
to
time after Jan. 1, 1959, in
any
inverse numerical order.
CANADA
ALBERTA
Edmonton, Alta.
Sold—The
Debentures
000 debentures offered
168,
—v.
to
a
$1,300,Nov. 22
on
1952—were awarded
headed by the Do¬
p.
group
minion
Securities/Corp.,
of To¬
ronto, at a price of 99.11, a net
interest cost of about 3.45%, as
follows:
$650,000 3% transit and telephone
systems debentures. Due on
1 from 1949 to
1958
in¬
clusive.
650,000 3y2% transit and tele¬
phone
debentures.
systems
Due on Dec. X from 1959 to
1968 inclusive.
Each issue is dated Dec.
1, 1948.
high bid of 99.10 was
by Bell, Gouinlock & Co.,
Second
made
of Toronto and Associates.
ONTARIO
Toronto, Ont.
Debentures Sold—An
$4,365,000
public
issue
on
of
deben¬
works
tures was awarded
Nov. 22 to
composed of Wood, Gundy
& Co., A. E. Ames & Co., both of
Toronto, Royal Bank of Canada,
a
group
of
Montreal,
of
Bank,
100.268,
about
rate or rates, so that the total
3y8%,
Aug.
on
inclusive.
callable.
$70,000 in
1978 and
in
due
1963
a.m.
1971, $75,000 in 1972 and
1973, $80,000 in 1974 and 1975,
$85,000 in 1976 and 1977, $90,000
2y4s, by the
as
23—v.
1960, $55,000 in 1961 to
1968
$100,-
author¬
County School District No*
(P. O. Diamondville), Wyo.
2
will
1970 and
bonds
Bond
City
(CST) on Dec. 16 for the purchase
$2,750,000 auditorium revenue
coupon bonds. Dated Nov. 1, 1948.
Denomination $1,000. Due Nov. 1,
as follows: $40,000 in 1'951 to 1954,
$45,000 in 1955 to 1957, $50,000
in
purchased,
Dec.
Debt
at
system
election last April has
an
Lincoln
The Commis¬
—
water
State.
Milwaukee, Wis.
Bond Offering
I
Wyo.
Bonds Sold—The issue of
said
of the
exceed
awarded
to bear in¬
cease
week for four consecutive
a
been
interest cost to the
2171—were
for
once
weeks in
be¬
Bank, Madison, or at the Chemical
Bank & Trust Co., New York. The
bonds will be direct and general
obligations of the Authority, se¬
000
Bond Sale—The
called
date,
which
notice shall be published at least'
payable
Chicago,
the
premium, if any, could
not exceed
$1,000.. The result was
of
or
Principal and interest
at the
First
National
Harris Trust &
while
amount of
that .four
on
1979, $95,000 in 1980,
$100,000 in 1981 and 1982, $105,-
Grant
bonds
after
ized at
in
was
the
terest
1963, $60,000 in 1964 to 1967, $65,-
1969 to 1973 inclusive.
of
said bonds shall
of
,
1,280,000
numbers
payment and the payment date on
said bonds are called and
which
000
Co., both of New York, Blair
& Co., Inc., and George B. Gib¬
bons
pre¬
redemption of said bonds shall be
given, which notice shall state the
1, 1976; or a premium of
1 % of their par value if redeemed
p.
1%,
but
protected
by
corporate
surety bonds guarantying the per¬
168, p. 2171—were awarded to a
syndicate
composed
of Halsey,
Stuart & Co., Inc., Phelps, Fenn
the
of
or
fully
v.
reason of
conditions of sale stipulated
by the City. Bidding was limited
to a single rate of
interest with
y8
on
The construction contracts will be
West Virginia (State of)
of Charlottesville, and
Hannahs,
Ballin & Lee, of New York. Sub¬
mission of identical
of
but
Sale—The $100,000 gen¬
the Bond Resolution authorizing
obligation bonds offered Nov.
the issuance of the bonds. These
22—v. 168, p. 2059—were awarded
bonds are issued by the Author¬
to the State of Washington, as
2.40s, at a price of par. Dated Dec. ity, an agency of the City, under a
1, 1948 and due on Dec. 1 from plan wherein the City, will donate
to the Authority, funds which, to¬
1950 to 1963 inclusive. The bonds
gether with funds of the Author¬
are callable at par, in inverse nu¬
merical
order, on any interest ity on hand, will constitute a
payment date after 5 years from capital contribution of not less
than one-quarter of the entire cost
date of issue. Second high bid of
of the Project. Firm contracts will
100.23 for 2y2s was made by Blyth
be awarded calling for completion
& Co., Inc., of Portland.
of the entire Project in 12 months.
VIRGINIA
a
mium of 1%, if called thereafter.
Not less than 30 days' notice of
1, 1971; or a premium
of theirs par value if re¬
eral
Bond Sale—The issue of
plus accrued interest and
before Oct.
funds and
000 road
premium of lVz%, if called
years 1975 to 1979; at par
a
the
which must be paid for on deliv¬
Leavenworth Sch.
erties
to
be
128 (P. O.
Project;
and
Wenatchee), Wash.
WEST
and
in
1961; or a premium of 4% of their
par value if redeemed thereafter
on
District No.
Bond
premium of
a
of their par value if
or
before
Oct.
1,
redeemed
a
the operation of said Project; by a
first closed mortgage on all prop¬
County,
and
2%, if called in the years 1370 to
1974; at par plus accrued interest
notices of sale of municipal bonds.
on
"
Chelan
interest
crued
The City will furnish the success¬
plus
Dec. 1, 1959, will be callable be¬
ginning Dec. 1, 1958, at varying
premiums depending on the date
of redemption.
Second high bid cured by a pledge of the full faith
of 100.028 for $70,000 2s and $255,- and credit of said Authority, and
000 1.90s, or a net cost of 1.908%, are to be issued to finance a por¬
tion of the development costs of
was made by an account composed
of Halsey, Stuart & Co.. Inc., and the Project, will be further se¬
cured by a first pledge of and lien
the First of Michigan Corp.
were
sold to a syndicate
composed of
the Harris Trust &
Savings Bank
of Chicago, L. F. Rothschild &
Co.,
New York, Peoples National Bank
virtually inevitable by
on
premium of 2y2%, if called in the
years 1964 to 1969; at par plus ac¬
thereafter.
dated Dec. 1,1948
are
maturing
1,1958,
plus accrued interest, plus
premium on each bond if
par
3%
called in the years 1958 to 1963; at
par and accrued
interest and a
fore Oct.
Dec. 1 from
on
the
to
op¬
numer¬
pre¬
redemption
tiples
<
Par the quarter ended October 31, 1948, a
•ftsh <Jjyidend of 25c per share and a
2% stock
dividend on the outstanding common stock of
Mew York.
on
interest
accrued
of
such rate to be expressed in mul¬
/
m
lecting
and
&
nent public
delivered within such time,
then, offered on Dec.
1—v. 168, p. 2171.
at the bidder's option, he shall
be relieved of his obligation to By mutual consent, the contestants
agreed that City officials would
accept and pay for the bonds, and
determine the purchaser
In such case, his good faith check
by se¬
•hall
Oct.
mium of 5%
of
Due
6s.
$30,000
Unless
are
rejected an award will be made
by the City Council before the
and
New
follows:
de¬
more of
issue
&
York, in joint ac¬
count, at a price of 100.056, a net
interest cost of about 1.837%, as
at the option of
the Bankers Trust
rector of
rates of
of
or
and to accept the bid deemed to
or
bid, less the premium, if
The City reserves the right
accept or reject any and all
Roosevelt
to
Cross, and F. S. Smithers & Co.,
both
Principal
be in the best interest of the
application of the rate
interest
any.
awarded
The bonds
J. Maurice
Miller, Director of Finance,
Washburn, of
City, that the bonds are
legally binding obliga¬
tions of the City. Bonds will be
ready for delivery at the place in
New York City indicated
by the
purchaser, or, at the bption of the
purchaser, at the office of the Di¬
City by
were
Va.
—
tiple of y4 of 1%, and must be the
Dated
Nov.
1955 to 1970 inclusive.
1957, and $10,000 in 1958.
;
as
interest payment date on and af¬
date
mu¬
improvement bonds of¬
22—v. 168, p. 2059—
nicipal
fered
295,000 l3/4s.
VIRGINIA
pon or registered bonds.
Dated
Jan. 1, 1949. Denomination $1,000.
Due $250,000 Jan. 1, 1950 to 1969.
Rate of interest to be in a mul¬
1,
Richmond,
1949 to 1954 inclusive.
Bond Offering
Improvement
at
&
the basis
Williamsburg, Va.
Sale—The $325,000
Bond
in 1950, $15,000 in 1951, $10,000 in 1952 to 1956, $15,000 in
March
Kebbon, McCormick
a
par
March 10
on
bonds.
Due March 1, as
fol-1 receive sealed bids until noon
lows: $10,000 in 1950, $50,000
(EST) on Dec. 15 for the purchase
in 1951, $40,000 in 1952, and, of
$5,000,000 not to exceed 3%
$50,000 in 1953 to 1958.
interest public improvement cou¬
\.
Co., White, Weld &
Co.
ter
from 1958 to 1961 inclusive.
and
'
.
Due
Revenue
$125,000 in 1950,
$135,000 in 1951 to 1955.
400,000
2s.
1950
Due March 1, as fol-
lows:
-
as
The
dated Jan.
are
interest cost of about
follows:
from
to
pm.
Water
bonds.
and
maturity, at the
tion of the City, in inverse
ical order, on or after Nov.
the
$1,145,000
(CST) on
Dec. 7 for the purchase of $1,300,G00 bonds, divided as follows;
"
Co.,
tion prior to
the
National
1, 1956, as a whole or in
jointly; Shields & Co., B. J. Van
Ingen & Co., Inc., Coffin & Burr, part in the inverse order of their
numbers at a redemption price of
and Rand & Co.
R. C. Hoppe,
City Manager, wilL receive sealed
until
on
Bank & Trust
of
composed
Illinois
2.18%,
from
1
Waco, Texas
bids
received
were
account
an
Miller & Patterson, of
.
' Bond Offering
*
offers
by
Continental
of par, a net
from
1
All of the bonds
I, 1949.
2s the next permissible rate. Sim¬
ilarly, other bidders decided on a
2y4% coupon, rather than 2y8s,
with a maximum premium of $1,000, with the result that identical
Monday, December 6, 1948
Madison Housing Authority, Wis.
purchasers. In such of the 2y4% rate.
Bonds Sold—An issue of $985,case, the City will furnish at its
The
$1,100,000 bonds are di¬ 000
first closed mortgage revenue
own
expense
a
complete tran¬
vided as follows:
bonds was sold on Nov. 26 to a
script of legal proceedings for ex¬ $600,000 series B bonds. Due $20,syndicate composed of Allen &
amination by such attorneys. En¬
000 on Dec. 1 from 1949 to
Co., New York, Robert Hawkins
close a certified or cashier's check
1978 inclusive.
&
Co., of Boston, McDougal &
for 2% of the principal amount of
500,000 series C bonds. Due Dec.
Condon, of Chicago, and Norman
bonds bid upon, payable to the
1, as follows: $15,000 from
Ward & Co., of Pittsburgh, at a
City.
1949
to
1953
inclusive, and
price of par, a net interest cost of
$17,000 from 1954 to 1978 in¬
Wharton County (P. O.
about 3.37%, as follows:
clusive.
Wharton), Texas
$75,000 3Y4s. Due on Oct. 1 from
Bond Sale—The $1,625,000 road
All of the bonds are dated Dec.
1950 to 1955 inclusive.
bonds offered on Nov. 30 were
1, 1948.
The three other tie bids
910,000 3y>s. Due on Oct. 1 from
awarded to an account which in¬
of a $1,000 premium for 2y8s were
1956 to 1988 inclusive.
cluded Equitable Securities Corp.,
submitted
by
the
following
All of the bonds are dated Oct.
Nashville, Stranahan, Harris & groups: Bankers Trust Co., Salo¬
Co., Inc., Toledo, First Southwest mon Bros. & Hutzler, and Ander¬ 1, 1948. Interest A-O. Denomina¬
tion $1,000.
Said bonds are re¬
Co.,
Dallas,
Rotan,
Mosle
& son & Strudwick, of Richmond,
deemable prfor to maturity at the
Moreland, of Houston, and Thomas jointly; First Boston Corp., Mc¬
option of the Authority on any
& Co., of Pittsburgh, at a price
Donald-Moore & Co., Detroit, and
^1956 inclusive.
,
_
CHRONICLE
Jan.
on
Jan.
on
the cost of which shall be
paid by
40,000 public health and welfare
department building
bonds.
Due
the
FINANCIAL
improvement
to 1956 inclusive.
1951
Any bid may provide
purchase of the bonds
shall be subject to the unquali¬
fied approving opinion as to le¬
gality by the purchaser's attor¬
that
neys,
dated Oct.
Principal and semi-an¬
nual interest
F.
Houston.
1,
1964,
;
COMMERCIAL &
THE
(2380)
a
$1,390,000
at
price
cost
a
interest
net
2.83%,
Dominion
the
and
Toronto,
as
of
of
follows:
Due on
21/2s.
Dec.
1
from 1949 to 1953 inclusive.
1,385,000 23/4s.
from
1954
Due
to
1958
on
Dec.
1
Inclusive.
1,590,000 3s. Due on Dec. 1 from
1959 to 1968 inclusive.
The
1, 1948.
debentures
are
dated Dec.
@FedFRASER