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•flEC 8

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Reg. U. S. Pat. Office

Volume

General
RAILROAD
Adams Express Co.—Declares
TW-director-

Dec.

on

declared

2

of

60

cents

INSURANCE

-

at Kansas City must be filed by Feb. 9 with
trustee, KansasyCity.
The Bank of New York,
shortly will send a copy of the court's order re¬
questing the proof of claims to all stockholders.—V. 166, p. 2205.
Federal

transfer

of record Dec. 9. This compares with
on June 27, last; CO cents on Dec. 20, 1946, and 20 cents
June 23, 1946.—V. 166, p. 753.
to stockholders

payable Dec. 23

INDUSTRIAL

-

Jr.,

Joseph

agent,

ceed

On

Dec.

the

3,

of

dividend

regular

a

RESULTS

12 V2

Net sale5

and

Nov.

declared

28

the

Dividend

Nov.

the

28.

declared

directors

and

Jan.

2

stockholders of

to

addition/to

In

1947,

the

four

1946

for

current

available

not

are

liabilities

due

changes

to

in

$1

$2,83 7,249.—V.

were

Gross

Distribution, etc.—

from
ry.

Canton

Youngstown

&

166,

Gross

from

Net

cn

ry.

20

1946

1945

iannual -report

fourteenth

♦Filnd

off

wx-ote

Net

-■

$278,327 of

at

assets

Oct,

$433,767

$282,118

150,699

36,765

131,794

104,249

74,123

14,481

63,162

4.320.247

3,450,477

1,400,936

765,387

949,890

1,350,804

income

67o,495

3l-7,o75

360,078

ttvith $20,098,013 on the same date a year earlier,
"•

'

166,

3.916,118

3,673,078

•

Dec.

on

paid

declared

2

June

on

June

on

the

week

•p. "2206.

27,

,.

the

of

asset

value

Nov.

.

31,

1947,

after

$4.01,

was

~1947

railway-,

^aliway!3-yi;

Net ry,;oper,'

income-"

From Jan. 1—

1946

„

v

.

* ^1945"

"

1944

4

brought

from

;j\'£ y^409,73Tyyv.< 72/562lfk\v' $01,266
M :

184,513";

635:48?*

a

-66,8174"^461,226

,

13(^037

I.

Prankard,
the

of

annum.

the

interest rate

1949, if

President,

2nd,

in

letter to

a

ry.

—V.

oper.

income..

166, p. 1781..

may

be renegotiated as of June

used

stated:

covering

100,000

Webber,

rate of 2%
things, that

Jackson

plants and
American

1,-1948", and June 1.

Dec.

on

Co.—Registers with SEC—-

shares
&

($1

Curtis,

reimburse

to

a

Boston.

Proceeds

wi'l

be

used

improve

to

treasury for funds invested in new sub&iuiary,

Pulp & Paper Co., Filer City,

Mich

—

V.

166,

p.

letter

a

Brassert & Co.,

A.

to

operation

In This Issue

This

2,000

vanced

day

each

of

which

will

produce

from

New York Curb

more of oxygen.
By the use of oxygen, ad¬
technique in the production of iron and'steel
the conservative estimate of an ultimate increase of 20% in

tons

per

or

production without substantial addition to plant.—V. 166,

1781.

p.

Stock

New York

40

manufacturing

justifies
steel

plants,

Stock

Boston

Aireon

Manufacturing' Corp.-

The

..

-Gets Right to Issue Cer-

Indebtedness—

request, of the trustees to

issue

indebtedness' to1

certificates Of

working capital has been approved by Federal Judge Arthur J.

Mcllott,

at Kansas City.

In

order

to

to

have

Mellott

Dec.

8

"

"funds

authorized

and

"

immediate

the

amount

an

for

issuance

not

to

of

exceed

and

continued

$50,000

of

operations,"

certificates

$25,000 weekly until

a

prior-

total of

$150,000 has been issued.
<:.

The

certificates

are

to

Detroit

interest

an

rate

not

to

exceed

4%

.

Burris, General Counsel of the RFC, said the agency would not
oppose the issuance of the certificates.
The company owes the RFC

;

about $Tk000,Q00.
,

Cr^tidri,'of the

company's

j:
:>

,

assets,

.

-

new debt of $150,000 would, have a prior lien qn the
.'•>

To File Proof of Claims—
Proof

which

claims

of

is

seeking

to

creditors

reorganize

*

i

'VtV-

;i':I;

of

V"

and

under

section

of
10

the

j

the

of

Toronto

&

/ !

-

80

BROAD STREET

Tilerthnne

RAnover

2-2600




43

OveMherCounter, Markets 4--'—----.--.^—.--44
Transactions New York Stock Exchange. —-28 1
Transactions New York Curb Exchange
26

Teletvve

N. Y
.NY

•

1-R73

>
y

bank

a

To Vote

Reserve Banks

Auction

Sales

System.

18;855,916

2,620,283

94,766,449

44,260,298 117,278,179 138,669,286

•

-

;

In

1947.

cases

will

be

with

the

names

where

accepted

the

warrants

if

the

subscription
the

of

holders

165,

$i

is

the

record

and

of

dealer agree¬

or

2094r.

p;

in

are

company

payment,

•

*

•>

;

,

Dividend—

3 declared an extra dividend of $1 per share
payable Jan. 2, 1S48 to holders of record Dec." 18,

Dec.

on

in

received

1947

four

/

quarterly

distributions

p. 2094.

or

^

Co.—$6

jbiyidend^-'V-vv-'v^V'j

shares
the

to

The

the

shares

directors

record
is

It

date

for

Certificates

stock

and

the

split

of

at

the

close

last

accounts,

stock.—V.

the

Ann Arbor

the

from

Net

from

Net

ry.

close

is

of

23

will vote

from

1,000,000

proposed

business

of

on

stockholders entitled to

to

Dec.

split

12

as

vote.

providing for the increase in
will be made effective on the

split-up

will be

i iv

on

by

the

to.: stockholders

transfer agent

to stock
day the amendment and the
■}.
Mining Co. owned about 70%

the

-r: '
Copper

Anaconda

distributable

shares

mailed

business

166, p. 1350.

RR.—Earnings—
'

1947

1946

1945

$698,534
167,578

$570,128

$176,072

$541,202

84,840

154,367

75,116

91,681
48,075

41/664

59,806

6,366,402

4,977,241

5,071,458

4,935,504

1,273,679

537,788

1,129,989

1,186,807

120,059

567,861

574,025

OctoberGross

Dec.]

stock

It

basis.

amendment

effective.:

become

At

of

value.

par

approval.

to

split

the

the. additional

for

pursuant
record

no

determining
the

capital

authorized
of

fixed

that

-date ?of stockholders
:

in

two-for-one

a

have

expected

authorized

the

on

$2.25.

19,

Split Up of Shares—

shares

2,000,000

issued

and Dec.

special meeting called for

a

increase

proposed

a

on

2-for-l

on

railway

railway——

income—

oper.

5.

1944

From Jan. 1—

Gross

from

Net

railway

from
ry.

railway^

income—

oper.

<

510,330

;■

166, p. 1782.

St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.

Statement of Federal y

;

43

...

Reserve

-■

482,921

147,502,884 161,292,010
11,341,155 108,173.039 108,015,905
3.065,409
20,473,929
28,509,656

recogn'zed investment broker

or

shareholders at

The

Redemption Calls and Sinking Fund Notices.46
The Course of Bank Clearings
45
Dividends Declared and Payable-..
—14
Foreign Exchange Rates.
^..43

Condition Statement of Member Banks of

.

.

—V.

Miscellaneous Features

.

17,026,847

date

or

21, 25 cents each;

Net

.

NEW YORK 4.
Bell

.-.40

Toronto Stock Exchange—Curb Section

Federal

1922
a

40

Exchange.-.

Combined Condition

Compan y

Established

Curb

Stock Exchange

Oct.

General Corporation & Investment News-CoveT
State and City Bond Offerings
53

v

MUNICIPAL DEPARTMENT'

cAllen

37
37
37
38
38
39

Stock ExchangeSt. Louis Stock Exchange.—^
San Francisco Stock Exchange.—
Montreal Stock Exchange.

Chandler

.

Municipal Bonds

-

Exchange

Pittsburgh

y
M -is

Stock

36
36

Exchange

443,722

26,

and

36

corporation

SPECIALIST IN

.

35

Stock and. Bond Averages-^.-:-.—.————35

-

stockholders

KlJlfitlBA & i\E\V JtiKSKA

■

35
35

^

the directors declared a dividend of $6 per share on
stock, no par
value,
payable Dec. 22
to holders of
record Dec.
12.
This compares with $3
per share paid on July 22
and Oct. 21, last, and 50 cents per share on April 21.
In
1946,
the following payments were made; April 22, July 22

31

Exchange.

Stock

Nov.

V"'

common

26

u

Philadelphia Stock Exchange

Rufus

<

(Bonds)

Exchange

Chicago Stock Exchange
Cincinnati Stock Exchange

Montreal
carry

Exchange

15

Los Angeles Stock Exchange

provide

Judge

(Stocks)

Exchange

Stock

Baltimore

Cleveland

tificates of

warrants

issue

the

Page

nationally and internationally known engineers,
in the application, construction

oxygen

that

Anaconda Wire & Cable

Quotations

Stock Exchange

New York

with Air Products, Inc.,

of

from

15,

subscriptions

before

the

of

Dec.

15,

or

bHvectors

19471

Thfs

H.

before

on

the common stock,

On

will collaborate

V •

61,122v ^

<.

2,457,224

36,525,346

-

.50 cents-1 each.r-Vl 166,

Stock and Bond

C

65,693

rev..,

1946

1947—9 Mos.-

:

17,087,969 147,949,606 161,774,931

American* V iscose Corp.—Extra
The

glad to report to you this reduction in the cost of our borrowed
money because it furthers our opportunities to give you the benefit,
of what we call 'income leverage.' "—V. 166, p. 1677.

and

17,312,877

ing to "deliver such) warrants- promptly.—V.

on

Products, Inc.—Consultants Appointed—

v

Co.—Weekly Input—

again calls attention ot the, fact that .wfirraixts for
its
10-year
converitble
debentures
must
be

Dec.

on

numbers

we

corporation, which manufactures oxygen plants, has announced
appointment of H. A. Brassert & Co., New York City, as their con¬
sultants, wor.dwide, for the iron, steel and allied industries.

and

1946
,

1947-—Month—1946

'

_—

income

to

or

on

furnished

1573.

any

the

share,

per

20,

'

chargeSi.^....

company

transit

registration statement with the SEC
par) common stock.
Underwriter, Paine,

filed

1

very

Air

cents

1947, the System inputs of subsidiaries

27,

Warrants Expire Dec. 15—.

provides

borrowed, at

operating

Nefci filter

The

or the bank3 feel that it should be changed, and
that the money may be borrowed, paid off, and re¬
time in units of $1,000,000.
This is a substantial
improvement over our old loan, which carried interest at the rate of
2%ft
per annum, and which did not provide for reborrowing.
I am

either

further

35

This compares with

Dec.

on

562.

p.

Operating revenues--. 17,247,184
Operating expenses —- 12,632,145
Operating taxes
" 2,157,815

;

American Box Board

This

28.

stockholders

company's borrowed money is now at the
The loan agreement provides, among other

of

Dec. 9.

cents

:

Net

$13,570,225 $11,917,534 $17,063,162 $18,592,994
2,889,219
1,533,697
5,977,786
7,366,701
1,384,482
416,892
1,381,465
1,609,514

railway.—.

payment

capital gain dividend of 25 cents per share on Oct.
with $4.34 per share asset value a year earlier.

"All

166,

,

v

Uncollectible pper.

J

,

Tile company
H.

'

.*4 $1,609,419^$1^285;253"^£1,554.382;' $1,847;578

compares

per

35

Telephone & Telegraph Co.—Earnings-^

Operating revenues

RR.—Earnings—^

subscription

Oct.

at

October—

iNefc, f rdhfr

Net

,•</•

The- year-end dividend of 35 cents per share paid on Oct. 23,
dividend disbursements in 1.47 to 55 cents a share.
Per-sbare

dividend

a

last,

1946.—V.

28,

ended

American

1781.

p.

Net

total

:i

659,687

oper.

.Gross; .from

r

1945.

15,

of this company amounted to 223,242,000 kwh.i an; increase of 27,088;000 kwh., ox* 13.88%
over the
corresponding week of 1946.—V. 166,

1—

railway

;jSrd68--fjromyraUwayiM

compare

share

per

•

American Power & Light
For

...

expense.

$30.140,071,. and

aggregated

cents

60

$402,606

197,540

...

income

Alabama Great Southern

this

remaining debt discount and

1947^

31.

of

of

-..v^

Annual Report—

corporation, an, op^n^end.
leverage inve:t,nent company, sponsored by Lord, Abbett & Co., Inc.,
thov s net income for the year ended Oct. 21, 1947, exclusive of security
profits or losses, of $1,010,851, equivalent, to 20 cents per share of
capital stock outstanding. This compares with a net income of $367,805,
o* 19 cents per share for the preceding fiscal year, in which year the
The

dividend

a

stock, payable Dec, 15 to holders of
with 20 cents paid on July 15, last, and
No payments were made on this issue in

Period End. Sept. 30—

Affiliated Fund, Inc.—Issues

declared

1

common

comparts

1041.

p.

directors

cents

-

—V.

Dec.

on

This

5.

on
Jan. 2, 1947.
distribution of 10 cents per share was made on Dec.

A

166,

cents

20

1944

railway..:

from

Net

suc¬

He is also Vice-Chairman of the Swiss American

payable Dec. 23 to stockholders of record

RR.—Earnings-

$501,224

railway

railway..

oper.

From January

5.

to

Mr. Straessle was formerly General Manager
prior to that was a partner in Ferrier,

1989

pp.

1947

.

qarterly distributions of 30 cents each made in

President-?director

a

American International Corp.—35-Cent Dividend—'

from

Net
Net

President and

Zurich and

value

par

Dec.

cents

10

1946.

—V.

current assets totaled

1349.

Octobei-—

Jon. 2 also paid an extra of 40 cents. This
vras a total of SL60 per share for the year, the same as paid in 1946.
—V. 166, p. 2093.
company

the

on

107,4xo

The

a

Dec.

record

directors

The

$5,375,431

the company's consolidated

1947,

and

Akron

quarterly dividend of 40 cents
share, plus an extra dividend of 50 cents per share, both payable

per

Sept. 30,

$6,808,751

usual

Aetna Life Insurance Co.—Extra
On

figures

Comparable

quarterly dividend of
C2% cent j per share and an extra dividend of 50 cents per share, both
payable Jan. 2 to stockholders of record Dec. 5, 1947. An extra of like
amount was paid cn Jan. 2, 1947.. Total paid in the current year was
$3 per share, the same as in 1946.—V. 165, p. 805.
on

Youngs.

elected

American Insulator Corp. of Del.—60-Cent Distribution

1947

accounting periods of new acquisitions.

Aetna Casualty & Surety Co—50-Cent Extra
directors

30,

income taxes

record

On

The

SEPT.

ENDED

—

Net profit after Federal

15, June 15

Payments of 12V2 cents each were made on March
Sept. 17, 1946; none since.—V. 166, P. 1d73.

MONTHS

THREE

FOR

cents

share and an extra dividend of 12 y2 cents per share on the com¬
mon
stack, bath payable Jan, 2, 1948 to holders of record Dec. 15,

per

1947.

M.

been

Corp.—V. 166, p. 461.

Regular Dividend Payments

declared

directors

Robert

has

Luliin & Cie, Geneva.

(& Subs.)—Earnings—

Airline Foods Corp.
Aerovox Corp.—Resumes

Straessle

Credit Suisse In

Oi

25 cents paid
on

MISCELLANEOUS

-

American European Securities Co.—New

court

Miller,

Harry

share,

per

in

Act

60-Cent Dividend—

dividend

a

Copy

a

Corporation and Investment News

PUBLIC UTILITY

-

Price 75 Cents

York, N. ¥., Monday, December 8, 1947

New

Number 4653

166

-/;¥.■■ Established

300 North 4th

-

'

r

46

••

^

St., St. Louit 2, Missouri

Members

•

""

,"'-riNewYGrkStockBxchaitige

.*•

__46

1'

^

1871 "j h

St. Louis Stock Exchange

v

Chicago Stock Exch.
Chicago Bd. of Trad§
New York Curb Exchange Associate

"

-dPhohi^^,;
CEntral 7600
Bell Teletype
SL 593

2

COMMERCIAL

THE

(2306)

V'-V.:.; • \

Appalachian

Electric

Co.—Offering of

Power

Bonds

\
,

:t

;

'

curities Corp. on Dec. 4 offered $28,000,000 first mortgage

1947, and due, Dec.

Oqtobef—

K144 "
3^214\tSS';

?

_

2B7

9,442,603;

10,4X3,942

1,032,676

830,636

679,384

2,731,599
1,171,231

—

2,358,934,

and

accounting.

Nptt railway
Gross

!■

on

bid

a

of

the issue at competitive sale. Pec. 2
Other bids for the issue were: Harriman Ripley &

100.10.

the

prof,

than

other

Taxes,

tax

Subscriptions
for

the

of

close

nate

at

the

at

bonds

Transfer

agreed

Company, has
the '4.50.%

of.

—V.

Gregory

Trust

of

Co.

addition to the issuance

PURPOSE—In

net

series

sale of the securities now

and

trustee for the redemption at 110
1, 1949, of $3,335,100 Appalachian Power
gold deventures, series A, due. July, 1, 2024,
with the privilege of immediate prepayment; which,
excluding accrued interest to July 2* 194S), will require

(2) To

'

if

to

if

5,000,000

The

remaining proceeds estimated

ihinimum

ferred stock, estimated at $7,230,970
to the company's
treasury funds.

extensions,

$14,197,113,

at

together

with

the

These

additions and improvements to

The

$15,000,000

CONSTRUCTION
of

PROGRAM—The

funds will be applied to
the properties of the com¬

the

of

cost

construction

to

Other

facilities—

■with ,its

ment,

initial

•

,

ft.

3y8%; series due 1977

'.^Unlimited

I

series

^Unlimited

*

(par $100)

Common stock

(no

par )

HISTORY
March

AND

4, 1926;

6,000,000 shs.

lachian

Power

of merger,

BUSINESS—Company

and

May 1,

on

&
■

Light Co.
\
'
"

organized

was.

it by

into

merged

were

''-V

The company's entire operating revenue

in

joint

a

'

Virginia,

and Appa¬

in

Virginia

includes

in

Ohio,

and

Virginia

the

and

Kentucky

North

State

Tennessee

':

other

Carolina

set

the total operating

July

31,

1947,

revenue from sale of energy,

approximately

23.%

residential

of

are

stock

to

BOND

Corp.

properties and

forth

each

severally

will be

used

the

rights

on

Loeb

&■ Co.

and-

underwritten $14,000,000

Union

of

the

by

the

stock

of

the

to be

STOCK

PRESENT

u

Percentage

.

..

The First Boston Corp.—!,
Union Securities Corp,—.'

Goldman,

Sachs

&

10.75

Co.—

(Inc.).

:

.

5.50

its

firm

a

of

new

&

&

166,

Other

5.50

W. C. Langley & Co.
Lehman Brothers

5.50

Stroud & Co.

5.50 ft<

Laurence M.

Smith,

5.50

Stone

& Webster. Securi-

ties

Corp—

commitment

stock

to

the

purchase

Scott

&

;5.50
4.10

Stringfellow—,)yC 4.10

-

2.00

+

.

Richards

Kay,

2.70

Cot.
&

of

.

the

E.

A.

Masten & Co.

Wisconsin

Central Republic *£o.

Staats

R.

.
■

\
4

.

Co;ift/vr:4\ 1 -2.7Q -;;'
•!;
r V "V ■
i •

a

ft.ftftft /ft/ft/

-

.

jj/ftftftft


"■
^

*

&

Co.,

'■••'"

-

' '

•

.

'

:

'

■

■'

../ftftv '.

••'.

\

,!

-v%
•

!'- "

,

.754?'''

Inc.

-L

1

v).-"ft

■
•

T-'v '/...ft/.' :

-

%:
-

dent who

,

i■*-,■<

.

/

ft

■

/ -.;ftf
'J,J: " !
'

M

/virift.

;/ft4ft:.:V'

164,839

141,150

1,254,904

1,283.892

fund,

debt

1,461,226

1,382.800

14.495,948

13,497,640

637,485

721,392

6,425,215

7,554,124

667,858

126,052

6,207,018 f 14,795.534

interest

on

■*

Co

Colorado

Santa

&

Fe

Ry.

ft/ft'

'

'

.

-

■!,

1

ilitt.
(■ £■■

Mr,

Dollard

be

a

has

1782

and

C42.267

"$3,861

$1,102,386

$3.47,793

$21,454

..:

3,447

1,340

$69,246

avail,

for

22,610

$472,843

457,660

450,120

income

$24,026

"$16,054

$770,973

$23;723

__

W.

director

1781.

166, p.

Brightman,
fiJl

to

directors

President of
existing vacancy

an

Lit
on

Brothers, lias been elected
the board.—V. 165, p. 3390.

1947.

stock,
Jan.

On

share

The

declared

2

a

Special Dividend—

special dividend

oi'

'

.

cents per

50

both payable Jan. 2, 1948 to holders of record Dec. 12,
2, of the current year, a special distribution of $1.50

made. The total disbursed
$2.05 in 1946.

1947

in

was

$3.50

share,

per

usual

quarterly dividend of 843a cents on the 3%%; convertible
stock was ai°o declared, payable Jan. 2 to holders of record

referred
Dec.

Dec.

was

against

as

on

regular ouarterlv dividend of 50 pents per share cn the

t he

and

re

12.—V.

166,

1350.

p.

Beaumont Sour Lake & Western
October

from
ry.

Ry.—Earnings—
1944

1947

from

1946

1945

$708,859

$559,410

$578,188

252.147

148,238

137,320

railway.

129,064

242,65).
47,256,

railway

oper.

income.

1—
railwayrailway-

from

Net

from

7,267,142

374,300,634 340,733,803
27,286,639 276,885,000 258,604,346

3,171.121

1,660,420

_

7,177,471

3,004,974

ry.

oper. income.
"Deficit.—V. 166, P.

4,350,984

53,446.366

Cr246,627

Z?r570,924

$865,366
s

,

415,603

*556>490

1,329,306

10,268,713

8,108,004
•

..5,784,214

3,859,808
779,588

'

675,998

1386.

Bell Telephone Co. of
Period End. Sept; 30—

43,906,230
Crll5,302
"

»

Operating

3,423,223

37,863,515

33,214)436

revenues—.

oper.

%

Pennsylvania^Earriifigs--^' ? if{;
-

1947—Month—1946

11,837,519

_

24,102

rev

Operating
revenuesOperating expenses

11,313,417

to

of

been

director

Chairman

head

the

■

Net

,<

and, President

directorate.

Olean, home o* the

mo

in

10,775,288 102,750^3291

14,063

1574.

.

-j

95)712,554

10,761,225 102,564,772

95,602,255

9,387,568

8,075,976

79,443,859

1,072,773

9,313,918

9,708,218

1,461,073'

1,614,476

13,804.995

/? 14.220.422

1,021,504

.

—V.

166, p. 1575.

The

Harry

;

■

l

3;

—

1,169,803

9,963,748

10,210,248

71,673,615

The

Output—

corporation produced in November, approximately-65,000 units,
L. Spencer, Vice-Pr.esid.ent/in * charge of manufacturing) an¬

nounced.

•14,500

-1: '

>

Bendix Home Appliances, Inc—November

of

„

income

Not- after. charsresc

This,

automatic?

output
home

included 51,000 automatic washing machines,
ironers. and 9,500 automatic clothes, dryers..-, •
,

produced, to Dec.
1,
approximately 641,750 units,
ft including
558,500 washers,.'43,000 ironers and 40.250 dryers.,, Novem)?ber production of Bendix automatic washers was 56%: greater than the
company

N<*"»mKer.

doubled;—rV,

"Y

j

i

185,557;, yj* jl(.Q?29g

964»7.76

operating

he

But,

;

of

-

194'7^& Mol-^-1946

i/

Unit—■j-f:.

board

i

102.440

fxd.

38,338>534

both

/

$1,228,633

Net

43,398; 344

.

.'

$29,441
45,495

per

and

3,922.245

as

82.764

43,483

31,962

44,345

(net?)/—

35;313,241

resident

iW.

1.177.680

(net),.

166, p.

iriC/v.'
ri I:

7,459,030

61,576

45,220

a

1947—10 Mos—1946

Daystrom, Vice-President and;
Treasurer of ATF Incorporated,, and President of. Daystrom
Laminates,;
Inc., Daystrom, N. C., another ATF associated "company.—V., 166,
pp.

$8,443,090

7,440,313

83,610

—

Bankers Securities Corp.—New Director—

been

a

$9,720,379

653,862

From January

growth and its prospects for further.
it is necessary for the Daystrom company to have a Presi¬

will

$711,577

charge:

Gross

5,297,790

continue

1947—10 Mos.—1946

1947—Month—1946

$846,914

"Deficit.—V.

"

will

74.471

9,468,504

Net

Panhandle & Santa Fe Ry.)

served.

4,335.028

1,500

Co.—————

1947—Month—1946

5,059,005

.

1,199,208

2206.

p.

income.

charges

Santa Fe Ey.—System Earnings—

Gulf,

8,534,612
4,471,751

Fixed

Co.—,1,500'
&

Act_—

Insurance Act

741,850

income

Income

1,500

Jones

Retirement

'

1,500

&

D.

&

166,

accruals.

income

Other

1,500

Stix

Richards

Railroad

a/c

revs.

oper.

Rent

Co.2,250

explained that with the concern's

inc..

'

i

Cassell

F.

debt

'

2,250

3,000

expansion,

Strader, Taylor & Co.,

';V£vy':%..-ft

rrCInc.')1.'

tax

Ry.

3,000

Co._

Pacific Co. of California—

6,058,254

he

846,182

fund,

income

common

Co.„

&

Edward

Dr400,873

has

665,075

Beatrice Foods Co.—Declares

3,000

1.50

ft

_-.-V4l.50 :1

/ft The Ohio Co.——
C.

Estabrook:

Ry.

1,500

30,339,414

and

8 386,304

49,586

on

oper.

she

4,781,217

Jones

4,188,611

new

Hill

1.50

Lajrd, Bissell & Meeds—

-

Mr.

Daystroin,

1.60

4,771,845

29,048.160

Ry. oper. cxps

the

3,000

has

376,394
2,420,980

debt

Net

Dollard

4,197,693

than

Period End. Oct. 31—

Ry.

the number

underwriter for

.

2.00

—

Co

Spencer Trask & Co.—A 4.10
;

2.70

Inc.—

M;

24,276,315

Bangor & Aroostook RR.—Earnings-

the

appointed President of ithe /baysterom#
Corp.; a subsidiary, large manufacturer of tubular chrome furniture,
with plants at Olean and Friendship, N. Y., according to Thomas Roy!
Jones,. President of,, the' parent company;'
^
>)Paul

1,534,032

2,044 586

2,992,151
60,743

other

tDeficit.—V.

new

Brush, Slocumb & Co.—
Davis, Skaggs & Co

ATF, Inc.—New President of

2.70

1,585,535

2,598,288

Operating taxes
2.70%

16,233,220
2.314,163

153,124

14,255,571

2,250

credits.

166, p. 2206,

2,092.390

a/c Railroad Unemploym't
Federal income taxes—

/''*.
of

Inc.-

42,096,331

—V.

24,279,108

20,865,979

203,941

393,863

Excise, tax

448,854 shs.

equal to

principal

William

Co._

income

48,820,219

1.678,599

Tax

"

None

4,125

inc.'

,

4,080.250

"Include:

280,312 shs.
*150,000 shs.

.

Marks &

The. Milwaukee

-

White, Weld & Co—X'
Equitable Securities Corp,

Co*

-

5.50

—

Net

Gross

oper.

$

on

int.

Shares

expenses

railway

S

129,241

deductions

Uncollectible

Net

1947—10 Mcs.—1946

S

10,300,000

underwriters

Schwabacher

accruals—
or

1946

2,320,981
153,686

income

chgs.

The

revenues

oper.

tax

debits

record

of

5,202,198

net—

income

oper.

funded

Wagenseller & Durst,

1

oper.

stockholders

ry.

net:

rents,

Contingent

the

Railway
Railway
Railway

to

V
of

-Earnings—
tok

1947—Month

income

Misccl.

2034.

v

rents,

ry.

Fixed

10,875

Period End. Oct. 31—

Securities

—;

Kidderv Peabody* & Co.— '.

Barney & Co.—

facil.

Total

No. of

10,500

Co.^
p.

from

revenue

Harold

each

The

Co

&

1948

dividend

An extra of 40 cents per share was paid on Jan. 2, 1947.
the current year totaled $1.40 per share, the same as
165, p. 803.

operations.
tax accruals^

Other

6,000,000

preferred

of

&

—i.

Marks

2,

quarterly

223,507,882

interest

10,875

Tally

Jan.

usual

252,786,990

below.

name

Webster Securities

Co

payable

the

24,417,738 247,073,784

Jt.

Outstanding

.

name

Jackson

declared

28

27,028,096

$1,368,000

AGREEMENT—The

shares

(Includes

bonds,

Mason-Hagan, Inc
Shields & Co

of

expenses

Fixed

750,000 shs.

Atchison Topeko &

Percentage

.Harris, Hall & Co.;

,

fish

shares

oper.

stock.

Net

:

10.75%

it,

affiliate,
370,977

in

Equipment

part

Unlimited

10,875

Weedcn
—V.

follows:

as

Fish

23,498,038 295,894.003

FINANCING

75,000 shares.

Webber,

Laurence M.

UNDERWRITERS—The names of the under¬
stock and the percentages of unsubscribed
are

of

v

the

32,230,292

Net

properties.

319,688 shs.

Bateman, Eichler & Co

preferred

purchased by'each

price

a

to

revenues

''Ry.

in

i-J* •'?'•

.PREFERRED

sell

•

.

company

•

writers

at

v•

Railway

divs.

Unlimited
Unlimited,

(par $20)_

opposite

Mitchum,

cus¬

-

UNDERWRITING—Kuhn,

have

flowage

v.

oper.

Net

hydro-electric

corporation

>

company - to

($20 par):

Corp.

.

West Virginia.

the

of
the

$

&

280,312 shs.
150,000,shs.

number of

a

Stone &

company has two wholly owned subsidiaries;. Radford Limestone
Inc., which operates commercially, under a lease, a quarry at Rad¬
ford, Va., acquired by the company incidental to the purchase of the
site for a hydro-electric dam, and West Virginia Power Co. which

undeveloped

Trust

:

Curt.is

The

New River in

shares

at $21.50

1962;

Authorized

PURCHASE

Co.

owns

1

Co.-—New;Financing 'Voted—>•.

authorized

Nov.

on

share,

per

5, 1947.

1946—V.

and

I

series

preferred

Paine,

those

customers,

1,

and

Shares

predominating in
coal mines, chemical plants, textile mills, metal work¬

ing; plants) and glass factories.

l.

.

Railway

after that date, and prior to
divs. if. redeemed; on or

or

3^%, due Nov, 1, 1977

Lester -&

importance

335,646

11

-

''

also

Period End. Oct. 31—

year.

Savings* Bank of'Los
American, National- .Tcust* and Savings

proceeds

Dean Witter & Co

power

share

No. of

11%
from, small light and power- customers; 25% from large
and power, customers (exclusive of coal mines): 23% from large
light and power customers (coal mines); 13% from affiliated electric
utility companies; 2% from other electric utility companies and munici¬
palities; and the remaining 3% from street, lighting and miscellaneous

the large

additional

50

directors

Net

net

betterments

tomers;

Among

each

treasury for expenditures heretofore made for. capital
of the Downey Exchange acquired

light

customers.

in

1

preferred stock and the respective number of shares
preferred stock to be purchased by each are as follows:

West

in the 12 months

from

was

prior to Nov.

on

share

per

National

Bank

territory served
Lynchburg, Pulaski,

communities, of. Roanoke,

Nov,

new

and Marion and in West Virginia the communities of
Hunting¬
ton,
Charleston,/ Bluefield, Beckley, South Charleston, Williamson,
Princeton, Welch, Dunbar and Logan.
Of

Citizens

UNDERWRITERS—The

Salem

ended

'

«.

Baltimore & Ohio RR.

$21.75. per

Future series); if any__i

upon

electric

the

at

at

that date and

The

Lines.

in

*

.

by it at a price in excess of-$21 per share exclusive Of accrued
dividends, it will pay to the company an amount per share so sold
equal to the amount by which such price exce|ds $21 per share.
The
options,are several and not joint, each purchaser to have an option

agreement

is derived from electric oper¬

,ip Tennessee and; to

companies

to

Payments

is sold

Company is engaged in the generation, purchase, transmission,
distribution and sale of electric energy to the public, and the
supplying
of electric energy at wholesale to other electric
utility companies and
municipalities in extensive territory in Virginia and West Virginia, to

Virginia,

'

J

stockholders

cents

25.

Dec.

at, any time or from time to time prior to Feb. 1, 1948.
The price to
be paid to the company for the optional shares Will he $19.94
per
share, plus accrued dividends.
Each purchaser agrees that if any
new
preferred stock acquired by it through the exercise of options

ations.

utility

1,789,006

251,609

share.

a

The

purchasers shall, upon consummation of the above sale, have options
to purchase up to 75,000 additional shares of the new
preferred stock

6,000,000 shs.

1926; Appalachian Power Co.

v^othef...' "electric

1,016,791

Machinery Corp. of Delaware, a newly organized
filleting machines and patent rights in return for
its $1 par value common stock.—V. 166, p. 2094.

purchase agreement provides for the sale by the company
to the purchasers of' an aggregate of 75,000 shares of the new
pre¬
ferred stock at $19.84 per Share, plus accrued dividends.
The number
of shares which each such purchaser is obligated, to
purchase is set
forth below.
The stock purchase agreement also provides that the

75.000 shs. •

.

—,

$4

The stock

the' maximum amount,

to

as

1957;

preferred stock will not be under

.

but issuance limited by the
requirements of the .instrument under which such securities are issued.■

*

and

1

1947 series

STOCK

30Q,000;shs.

-

to, subscribe

850.

*The underwriters have agreed to purchase 75,000 of the shares and,
upon consummation cf such purchase,
will have option's'to purchase

500,000 shs.
"

Aug.

3V4%, due Dec. 1, 1969
C, 3V4%, due Nov. 1, 1974

Common

( 28,000,000

\ 4'/2% series (par $100)

and

Series D,

5%

($70,000,000

•

——J

Cumulative preferred stock—
>Vf: 4.50%

t.

new
——^

has

who

p.

-

its

the remaining

Outstanding

1,

B,

4!/a%

-

Authorized

1,

$21.25

Cumulative preferred stock

First mtge. bonds:

1970

314,695

141,797

bonds will be offered first to, stockholders.
The company has
agreement with Doolittle Schoellkopf & Co., Buffalo, N. Y.,
underwrite the unsubscribed portion at a price of not less than 97V2.
For each bond of $1,000 denomination,, stockholders, have the
right

Jr.,

date.

reimburse

Series

—

•)*'*

v

v

series due

4,771,675

trust

Inc.,

Carey,

part at any time, at option oi. company,
notice, at $22 per share and dividends

days'

after

or

per.share.

May

in

Nov.

and- at

Registrar:

Series

CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING

3V4/%

4 398,826

.

written

Preferred Stock Of¬

—

First mortgage bonds:

portion of the new, station
and other appurtenant equip¬

boi.er

unit,

Products,

Gibson

W.

Manufacturing Go.—V. 166,

company's

program

company of its

generating

Thompson
late

the

CAPITALIZATION, GIVING EFFECT TO

——•—13;250,000
10,550,000

1-

—

is $17,800,000.

34,898

3,341,142

165,808

on
Dec. 1 authorized the issuance of $566,.. ^o col¬
10-ycar ll/z% convertible bonds. They will be convertible
into, common- stock at $4 a share after June 1, 1948.

1946, and in part to finance future

$18,650,000
22,400,000

facilities——

distribution facilities————

The estimated cost to the

166, p> 1885.'

lateral

to

additions

company for the last- five months of 1947 and for the years
through 1951, inclusive, .is estimated to amount to approximately
$64,850,000, allocated as follows:

electric

25,708

7,384

Atlantic Coast Fisheries

$7,241,106

:

purposes, including the acquisition
from Consolidated Telephone Co. in

1948

Electric generating facilities
Electric transmission and distribution

on

1,

or

30

to

PURPOSE—The

■

the

Rural

income___

)•;

•

$437,430

9,142

,V

.

railway

oper.

•1944

93,806

.

!•

/

.

3,360,031
railway—456.263

from

ry.

—V.

a

Jissqciation, Los Ange.es.
'

deposited
company's

securing

prior

1967,

1,

Angeles.

with the corporate trustee under the
first mortgage bonds may be withdrawn
by. the company from time, to time to, reimburse the company for 60%
of the cost or fair value, whichever is less, of property additions.
mortgage

Feb.

than

Transfer, Agent,

and for other corporate purposes.

pany

succeed

sha^e and dividends if redeemed

after "that

from, the; issuance and sale of the new pre¬
(total $21,428,083), will be'added

net, proceeds-

$7,334,441 "$8,976,294

President of

to

whole

a

less

redeemed

Nov.

trust securing the company's, first
mortgage bonds, cash ir>( the amouht <jf-_.—15,000,000

as

redeemed

per

gage and deed, of

t

not

upon

_

payable

Redeemable

(3) To deposit with the corporate trustee under, the mort-

Crawford,
director

a

Dividends

$3,668,610

without premium $5,000,000 notes payable
banks, due Dec. 31, 1950, borrowed for construc-

interest

C.

elected

par) 5% 1947 series at $21

prepay

to

Net

10.2Q4

fered—-Paine, Webber, Jackson & Curtis; Stone & Web¬
ster Securities Corp. and Mitchiim, Tally &> Co. 'headed
an investment banking group which offered to the
public
Dec. 2, 150,000 shares of cumulative preferred stock
($20

6%

f.:- tiQn; purposes which,-, excluding; accrued
date of payment, will require—

-

5,523'

,

.'

$379,479'

25,769

.v.

201

"

1945

.$348,533

42.96J

Automobile Insurance Co.—No Extra Distribution—

July

on

$7,363,211

Associated Telephone Co., Ltd.

To deposit with the
Co.

89,87.4

Asbestos Manufacturing €0(. — Control May Not Be
Acquired by Thermoid Co.—See latter below—V. 166,
p. 2094.
f

•

.ft")"'

applied, in park! to-the following: .'
(1)

from

The

to

bonds,

$3,598,020

-1946

$331,316

incomo

ry.. open

Gross

RR.—Earnings

1947

.

railway.—
l/ailway——

frnm

Ne,t

$430,434

/3,456,453

$9,651,479 $11,658,276

President of the Yale & Towne

was

from the sale of these shares of common stock and the
be received from the issuance and sale of the 1977
estimated at $27,865,723 (total $37,865,723}, are to be

proceeds

A ''.A

lroni!

'

166, p. 2206.

been

offered, company is selling 30,023 shares of common stock to its parent,
American Gas & .Electric Co., for a cash consideration of $10,000,000.
The proceeds

399,458
165,501

245,164?

1782.

p.

1,275.477

603,741

The. stockholders

income

Frederick

New

v);':'*•'/,

Exchange.

3,569,532

/Net

'2,402)839

.'

Armstrong^ Cork, Cov—-N^w Director—•

use its best efforts to procure the listing
preferred stock on the Philadelphia Stock

to

cumulative

——1,516,373

—'!

The

and R.

Bankers Trust Co.

are

for preferred stocks, Guaranty
Irving Trust Co., New York.

agent-

Registrar,

38,184
y

income

Net

Page,, New York.
York,

railway-

Octobor—

pre¬

preferred held of record at
Subscription period will termi¬

1947.

166,

Gross

%thcbme-—-—-- : ^3;790,089 ' $9t74l,353'$-11,663,800 ' $9,608,224
deducts;—
2,426,877
2,406,912
2,687,505
; 2,367,1-17

Gross

Total

4.50#

the

58,493

'
■

Atlanta & West Point

17,322
2,016,077

Doc. 15,

on

the

share of

one

30,623

••

railway oper. income

Net

4 Vi%

the

24,

Nov..

on

(EST)

of

rate

of

from,

—V.

4,561,620>

' 2,03.9;010
111,242.

$.3,752,543
37,540

income

$150,169
V

'

investment group headed jointly by

shares

business

3 p.m.

trustees for

The

be

four

•

'

Corp. and Union Securities Corp.

will

each

8,353.

3,965,010

,3,796,623

income—.

atlxer,

Total

preferred', at $100* per share- (fla% has> bee*fc

The First Boston

ferred

Operating

.

1946:1

•

'

From January li—

$100) to holders of its presently outstanding AVz % cu¬
underwritten, by an-

4;405,541:'

I'd -14,6277%

v

,

inc.-

194,7/<

„

3,890,028

75,000 shares of 4.50% cumulative preferred stock (par
mulative

4,245,220

9,184

excess

Ry;—fEarnings-

,*■

cper./incbm8--___r^—_l;_il%___?!_

Net from. railway
Net

4,27o'

.

775,452%
547,004 479,i2l
2,475,4S3J ^2Q1.45k;;.2,281,70J?.'

tax

income

Federal

.

4,327,125

Amoritizatjon

of

company

980,084

••'-vJ5,"3'73 '• •*

•'

1,030,616
2:837,104

,

Depreciation
Federal

997,785

^

Admin, and» general—i

„

Preferred Stock Offered:—Offering by

accounts^.-

Sales promotion-

Co., Inc. and associates, 100.0799 for, 3ka&; The First Boston Corp. and
associates, 102.18 lor 3lAs; Halsay, Stuart & Co. Inc. and associates,
102.13 for 3Vis,
'
,
'
'
* *
1

collecting—:

Uncollectible

The underwriters were awarded

'V

'

%'• From Jan. 1—// :

.

interest, to yield13.10% to maturity.

'

,

.

2,517,803

.

\

<

Gross :,fr om' .railway..;—' $ 16,1,188'. v
Net from railway 1™
;. 63,852;%

1.0,226,004

1,146,065
3,289,482
1,313,923

Distribution.—

Saint AHdrews Bay,

&

,,

,,

1S45S

12,013,453

expenses.—

Customers'

'

,

W9,698,821

Transmission.

and

%.

-—-rYears. Ended Dec. .31-—

' 1946

159

Production

The bonds, dated Dec. 1,

1977, were, priced at 100 Vz

1,

Total?

Monday, December: 8,1947

-V?

.

July 31',*47

'

'

,7

12 Mos, End.

-

'*>*

,

FINANCIAL; CHRONICLE

STATEMENT OF EARNINGS

^
-

•

'

,

&

•' 'V-

'

,

'

and Preferred' Stock-^-Kuhn, Loeb & Co. and Union Se-

bonds, 3V8% series due* 197,7.

>V-.,

-;.l

ft

t'yii

in46

and

the

11-month1 total

was

1886i
•n:) i'
ij

&<!$$>'■

■!

more

than

Volume-166
Beneficial

Number 4653

Industrial

Loan

THE

Corp.—To

Pay

COMMERCIAL

in: cash

Year-End

share

Dividend—

and. the:remaining
Buffalo

of

Included
The

directors

cents

the

{

$3.25

on

declared

the

on

cumulative

board

record

it

the

made

Jan.

on

17,

dividends

cents

1946,

of

per

both

30

of

share

meet

again-

declaration

year-end

of

before

distr bution

of

30

cents

Bolt's

deal

October-—

of

end

Gross
Net

Gross

ry.

from

Net

ry,

railway
railway

Gross
Net

961,604

383,791

309,591

''Deficit

394,200

13,354,992

15,543,982
3,029,0-76

6,739,805

3,703(661

3,159,669

V.

October

3,785,608

Gross

4,414,066

sale

for

this

to;

announced

value

■i

of

The
Justice
I

company: for
18.
Nov.
The

011

Johnstown,

Pa.,

has

been

$500,000, War Assets
plant has
a
present

Net

is

that

166,

>.

Administration

will

upon
an
opinion by
violate anti-trust laws.

not

ufacturing building with
161,

Blair &
In

order

fair

the -Department'

123,941

of

ft.

sq.

lloor

of

On

area,

14-acre

a

simplify the consolidated corporate structure
and
its
subsidiaries, it is planned to dissolve

of

Inc.

Blair

own

&

this

the

consolidated

new

Inc.

of

New

York

(securities

business

in

the

of

parent

Net

of

Trust

record

extra

of

hursed

f

Dec.

on

Nov.
15

in

18

a

cents

the

1

1,165,507

58,665

1,282,221
442,558

543,613

Inc.

and

Inc.

units

which

of

beneficial
distribution of $2

total

a

year,

of

$4:15

per

with

compares

market

on

quotations
allowance lor the

$7,435,957,
value

represented

outstanding

per

in

Deficit.—V

ipop-

Gross

and

a

Net

From

Gross
■

by

unit

Nov.

on

Dec.

1945

both
of

dividend

25

cents

of

30

cents per

payable Jan.

similar

units.

from
ry.

*

*52,505

*38,868

2

holders

to

Oct.

011

cents

share

per

and

*93,382

*125,482

Net

of

on

record

July

1.—V.

1,

166,

Dec.

last,

17.

An

which

*1,029,009

*709,345

*948,435

Net

from
ry.

ry.

1945

From

165,

Net-

$517,622

*316

216,631

65,849

*93,944

*67,140

128,361

*102,282

ry!

4,085,665

expenses.

$7,415,369

Net

oper.

revenues.—

$1,561,110

Taxes

paynent
followed by a

rents

Joint,

(Dr)

fac., rents

292,177

'

2,082,979

1.805,439

1,050,988

1,023,856

1946

1945

ry.

(Or)

$125,579

*54.285

*106,314

>1.0*7

Other

income-

$520,018
97,901

income

Of

Rentals,

the

V.

166,

2,604,287

&

Share

245,778

232,427

int.,

etc

at

$4,723,580

$2,883,040

stock

679,920

1,079,411

Oa

$858,156
326,627

304,805

$5,403,500

$3,962,451

1,419,327

1,169,941

$313,114

—V.

2,966,034

3,279,656

166, p.

$531,529

$2,437,466

1783.

*622,206

*548,004

■;

The

»

1948,

Mutual

company

will

Life

Insurance

continue

its

present

*1,017,931

*881,736

Net

1947—Month—1946

The, total

amount

to

be

set

aside

for

dividends

as compared with $350,000 in

scale

a

to

26,636,759
21,820,782

for

the

$4,815,977 $15,813,803

paid-up

basis,

become

payable
165, p. 1447.

1947.—V.

for

of

shares

subscription

the

of

stock

common

its

by

other

company

share,

leaving

for

by

stock

than

13.270

Net

Electric

shares

company's
to the Bond

subscribed

share,

per

from

6,893,711

9,424,003

878,417

4,273,083

5,479,554

by

.

the .company
to

up

1st

12

same-date

&

gen.

at

Noon

its

up

office

(EST)

stock

cemmon

to

11

at

443

Congress

Dec.

8, 1947 for the
$10). Company also-

(par
a.m.

(EST)

mtge. bonds, series P,

for

the

called

for

redemption on Jan. 2, next, $61,000 ct
mortgage bonds, series M, due
Sept. 1 1972, at 108 »/*

Payment

be

will

made
at the
Old Colony
Boston, Mass.—V. 166, p. 2208,

Trust

Inc.—Earnings—1947

1946

1945

1944

$692,811
9,093

$635,367
51,885

$728,27(>

78,843

income

133,12G

*24,118

89,139

*42,968

38,687

7,794,116

railway

railway——

6,687,928
386,060
*585,601

6,878,932

7,371,420

920.198

1,566,645
652.19CT

1,318,511
302,938

income—-

oper.

166,

34,456

1784.

p.

by
for

Co.

sold

13,270

by

by common
Share Co.,

purchase

42,340

of

ihe

company's

common

stockholders

of

stock

the

the

Nov.

on

company

shares

agree¬

of

the

which

were

not

(less

company

per

share.—V.

166,

our

Paper

Co.—Stock

issue of Nov. 24

Offered—As

U.

Brooklyn- Union Gas Co.—Definitive Bonds
Ready—
first

1976

•

and

ry.

3,453,330

3,855,564.

1,370,802
638,552

Net

Further details follow:

700,767

*91,183

295,852

Ry.—Earnings

19471947—Month—1946

Earns,

per

taxes

1,961,194

$

1,629,943

19,046,242

1,884,093

12,989,790

1.382 904

16,336,252

4,895,894

37,159,734
31,123,919

12.623,676
30,209,842

3,299,848

—

share..

NOTE—The above is

4,307,507

$0.42

$0.54

consolidated

a

1947

railway

From

share

per

1945

1944

;i

income

3,060,531

2,833,926

1,942,587

2,424,003

January 1—

from

Net

from

Net

ry.

railway!

railway

oper.

166,

178,996,707

164,007,723 209,082,045 199.460,762

58,071.503

48,596,752

26,452,249

income

23,331,205

85,942,705
26,082,796

78,143,21T

22,525,153

1887.

p.

Chicago & Eastern Illinois
RR.—Earnings-

each

the

of

three

classes

grouped is

are

as

under

which

the

products

sold

by

follows:'

October—

Grqss
Net
Net

from

from
ry.

1947

railway

$2,521,833

railway

oper,

1946

$2,355,911'

1945

1944

$2,252,575

$2,860,544

321,001

314,857

809

112,084

179,248

151,333

23,176;277
3-,093,585

20,500,302

25,501,437

28,755,224

1,259,152

6,516,234

316,346

*299,350

2,301,327

income..—

211,302

945,510

-

j

;

—

Change in Capitalization and Ac-

quisition Ratified—

-

,-(<The;stockholders

at

a

'

"
special

meeting

^changes incident-to the acquisition
;

Penberthy
measure

Injector

the

flow

of

on-

26

approved capital
the outstanding capital" stock of

Co.,

of

Nov.

manufacturers
liquids.
l" '

of
:

devices
v

to-

regulate

j-

The stockholders authorized an issue of $20,176 shares
5% cumulative- preferred stock, eliminated the presently
but

unissued

creased

the

outstanding,
issuing

any

10,000

shares

authorized,
to

shares.

additional

The

common

company does not
stock at this time.

$25

all

par

Fine .paper, products-^——Coai'se paper & sundry products

CAPITALIZATION
,v

4%

pfd.

conv.

(Preferred

Common

that

company's 25,219 outstanding common shares will receive
$.44.50
a
for their holdihgs,
Of. that amount, $24.50 a share will be paid

Share

stock

stock

v

■

1944

reserved

for
are

1945

50%

46%

46%

46%

43

47

47

46

7

7

7

EFFECT

TO

•

—

1946

47 %'

$100)

conversion

PRESENT

of

the

4%

None

the remaining

Commercial

and

Financial

;

$209,012 shs.

$50,548

convertible

for-issuance to

shares

stock

stockholders

of

ry.

oper.

income—
166,

p.

•

8,837,590

2,570,446.

2208.

October—

Gross
Net

have
which

lAssuming issuance of all
now offered, and.
assuming issuance:
7,470 shares offered. May. 26, 1947.,
.

•

Net

acquiring

to full shares.

railway
.from railway———

Chicago Great Western Ry. —Earnings

Outstanding
16,831 shs.'

•

January 1—

from

"Deficit.—V.

FINANCING

:: the 40;000 shares" of cdnunoh, stock
all

Net

40

t315,000 shs.

—

available

fractional shares to round out
of

Net

.7

16,831 shs.

$lk:-„

be

Gross

-

available, for subsequent issue.
to

53%

.44

.

The

Aug. 31,'47

8,9

Authorized

(par

From

8 Mos. End.

6,177 shs.

(par

*Authorized and
been

GIVING

1943

-stock

16,831 shares
of

1942-

Stationery products „—I

now

contemplate

I Under terms of the Penberthy purchase agreement, holders

.

and

authorized,
and in¬

preferred stock. $100 par,
stock from 400*000 shares,

common

600,000

of the

7%

of

of

„

1947

from

from
ry.

railway..—
railway

oper.

1946

1945

-

1944

"$3,128,302

$2',531,427

$2,398,702

$2,561,795

893,968

544,754

791,973

382,266

613,525
427,531

170,682

256,683

25,415,903
5,077.,417

22,113,373
2,755,706

24.597,786

25,258,023

6,624,034

l;7o7v503

206,965

2,162,169

7,653,816
2,633,745

income—.

From January 1—

Gross

from

railway

Net

from.railway.x_..—
Ret ry. operV lncoine*. ^_
—V.

166, p.

1887.

Chronicle.

'

(Reg. U. S. Patent Office) William B. Dana Company,
Publishers, 23 Park Place, New York 8, N. Yi REctor. 2-9570.
Herbert D. Seibert, Editor and
Publisher:
President; William D. Riggs, Business Manager. -. Published twice a week
[every Thursday (general, news and advertising Issue) with a statistical issue on Monday].
Other
Chicago 3„ ILL (Telephone: State* 0613); 1 Drapers' Gardens,.
London* E. C., England, c/o Edwards & Smith, vCopyright 1947 by William B. Dana
M eecond-class matter
Company.
Reentered
February 25, 1942, at the post office at New York, N. Y., under the Act of
March 3V 1879..
Subscriptions in, United States, U. S, Possessions, Territories and Members of Pw*
American Union, $35.00 per
William

Dana

Offices:

135

MOTE:

On

S.

Seibert,

-

La

Salle. St.,.

.

account

of

the

year;
in Dominion- of Ctmada, $38.00
fluctuations In the rates of exchange,




per

year.

remittance

I

$17,788,424 $19,561,712 $22,114,299
6,563,675
5,742,648
6,856,268
9,286,233

AND

Calendar Years

Buffalo Bolt Co.

ori

-Earnings—

1946

$20,829,143

railway..

ry—oper,

$3.10-

statement of this

earnings

Chicago Burlington & Quincy RR.
October-

24,749,398

$3.91

income account

company
and
Pere Marquette Ry. Co.
and
capital stock after merger.—V.
166, p. 2101.

from

1946

$

4,003,481

income.. 1

com.

1947—10 Mos.-

$

24,578,918 258,123,375 204,380,023

inc.

taxes.

income

mentioned

a

134,597

221,895
1887.

p.

& Ohio

prof,

oper.

Net -from

BUSINESS—Company was incorporated in Delaware
22, 1937, as successor to Carpenter. Paper Corp.
The company
engaged in the warehousing for sale at wholesale of paper and paper
products of various descriptions.
The approximate percentage of busi¬
dompany

43,351

3,103,095

29,171,440

railway

Net

is

the

1251.

24,822

563,045

16S,

Canadian

excess

Oth^r

Nov.

in

21,062

income

oper.

and

—V.

ness,

109,96J>

3,751,215

income

S.

Gross

HISTORY

1944

$360,922

37,066

$
Gross

Gross

1886,

pp.

ry.

Deficit.—V.

Chesapeake

285

or

at $30.50

21

1945

$312,165

38,479

income

oper.

Period End. Oct. 31—

modification of

a

1946

$315,919

19,608
*9,371

from

common

for

common

which, under
being issued by

stock

*

or

shares

for

Net

Bond

stockholders.

Share

the

&

additional

common

and

Electric

Bond

of

1947

$376,198

railway.
railway.

January-1—
railway
Net from railway

payable Nov. 20).

mortgage bonds, 27*%
series
due
1976,
are
now
ready for delivery in exchange- for
outstanding temporary bonds bear¬
ing the designation "General Mortgage Bonds
27*% series due

<

Co.,

$744,977

from

ry.

banking group headed by Kirk¬
patrick-Pettis Co. on Nov. 18 offered 40,000 shares of
common stock ($1 par) at
$53 per share (excluding divs.

"vj;

jv

pur¬

due 1977.

From

Oct.

Carpenter
in

165, p. 2131.

1947)."—V. .166, p.

1,821,686

1784.

the

on,

been

oper.

from

Gross

Net

The Chancellory Court of New Jersey on Nov. 17 affirmed the
right
H. Johnson,
President, to purchase 50,000 shares qf the company's
stock at $2 a share,
dismissing a stockholder's suit to enjoin
Mr! Johnson fr6m
exercising the option, which expires .Nov. 23, 1950.

(First Mortgage after May 1,

32,694,335

Charleston & Western Carolina
Ry.- -Earnings-

(no
par) offered
stockholders
(see

common

the

3, 1947, pursuant
Electric
Bond
&
Share

common

class' B

Definitive

32,354,877

railway

from

Net

unsubscribed

period

net

Of F.

,

487,573

26.454,608

Cfctober—

$13,976,424

the underwriting agreement, are
purchased by the underwriters),
together with 600 shares of the company's common stock
purchased
by it in connection with stabilizing operations, or an
aggregate of
13,585. shares were purchased by the underwriters.
The underwriters
"mad'e general public offering of the 13,585 shares of unsubscribed

year

,4

,!

430,004

railway——

from

ry.

262,745,626 241,283,723
246,931,823- 227,307,299

.

$30.95

Botany Mills, Passaic, N. J.—Stock
Option Approved—

—V.

845,211

Redemption—

''Deficit.—V.

1947—10 Mos.—1946

$5,211,361

shares

upon

('

ry.

Net

29,817,259

additional

per

subscribed

R. Benton,; President,
has announced.
This
maintenance
of dividends will
apply to all industrial and ordinary policies
except
those which have been left with the
company
j

1944

$3,170,459

673,200
481,738

From Jan. 1—

Ry.—October Earnings—

turn

Div.—

Jay

|:in 1948 is $375,000

1945

,

*475,029

Maine,

general

from

Gross

by it to the underwriters at a price
an aggregate price of $1,310,423,
and, during
30, 1947, to Nov. 20, 1947, the underwriters in
sold. 42,340 shares to the public at $32
per share, or an aggregate
sales price of $1,354,880.

of

$682,795

Co.—Continues
dividend

1946

490,137
1,813,062

received

have

Net" from

*468,308

*1.130,610

Nov.

The

Boston

r

plan.—V.

$3,041,630

Central Vermont Ry.,

1,266,505

*499,148

1763), 42,340 shares were subscribed for
Co., and • 35,325 shares were subscribed

$30

company's
the

income

3

value

par

308,661

OctoberGross

>

company
p.

stockholders

102,250

*

Net

'

90,935

by

'

vi

the

4.662,525

$755,903

$317,919

be.

interest.

*144,277

Carolina Power & Light
Co.—Subscriptions—

ment,

Gross

l/.-V

oper.

income

Dec.

on

$1

option

41,748

166, p.

Portland,

and

*95,733

19,546

24,605,898

1886.

p.

$10,382,279

24,929

of

stock

$138,494

*1,098,533

earnings——
166,

2,629,090

271,0)2

27,394

__

Exchange

shares

•Earnings

26

trustee, 45 Milk Street,

1944

$166,259

f

earnings-Workings expenses

all

Net

will

and

1386.

p.

Curb

a

$2,795,569

income

Partial

Vermont—Earnings-

1,753,301

166,

York

1947

railway
railway..

first

*166,244

income

New

$2,859,509
278,605

chase of $4,000,000

732,624

*155,394

>

~

the

income

oper.

Bids

1947—10 Mos—1946

)
i

/

railway

bids

*100,676

Gross

Net

$1,472,070 $14,357,046
420,141
6,758,598

721,521

Equip,

of

of 26,458 adidtional
issued pursuant to

be

initial

was

.

;.x\

to

will, receive

$174,481

Canadian Pacific

$8,993,321 $69,053,292 $63,906,18'3
5,521,251
54,696,246
53,523,909

5,854,259

$436,903

January 1--—

Street,

1886.

p.

Period End. Oct. 31—

-V'.

1947—Month—1946

revenues.

Governors

listing

from

Net

Rll.—Earnings—

Period End. Oct. 31—

v

_

-'];Operating

$435,185

5,016,738

5,691,729

*29,376

railway...

oper.

$1,295,928

"$883,034"

1783.

160,000 shares of

915 395

income—_

Deficit.—V.

959,48^.

Central Maine Power Co.-Invitation for Bids for Purchase of Bonds and Stock-

1944

$561,707

*20,742

railway:

from

795,926

purchase of

From January 1—
Gross from railway
Net

918,302

29,931

Earnings—

1946

$286,186

1947

cper.

57,920

ft

railway—

from

Net

railway
income

16,853

$1,426,321

13,165

-

oper.

Gross

Gross

Boston & Maine

.■Operating

ry.

*401,185

$315,610

i

.

from

1,547,000

from- railway——

Net

of

664.

p.

from

*97,678

October—

Gross

•

quarterly
capital stuck,

the

of

the

iV

Gross

There

regular

a
on

2100,

October—

1,953,800

oper.

12,265

806,400

taxes.

2100,

p.

*445,596

4,407,935

58,425

$2,227,394" $1,289,031"

400,000

stock,

*946,967

ra.lway

$2,163,959" $1,276,765' $1,409,463

20,344

~

PP.

STATEMENT

——Years Ended Dec. 31

$2,109,778

Central of Georgia Ry.

*72,018

Pacific Lines in Maine-

Deficit.—V.' 166,

The

$93.76.—V.

was

share have been declared

disbursed

was

payment

exps.

inventory

Board

common

$138,000

1947

from

INCOME

Catalin Corp. of America—To
List Additional Stock—
The

1944

$163,700

*104,665

Canadian Pacific Lines in

18,, 1947,
1947 dis-

1,

79,842

for

authorized

January 1—

Net

an

total

income

166,

1,756,500

-

de¬

may

1946.
1945
1944
$34,963,307 $23,497,183 $22,203,667
22,630,919
28,122,602
19,111,836
lb,103.Hti
3,506,831
4,671,736
3,108,581
2,691,083

Balance

1783.

from

company

management

$28,213,431

'

Net

166, p.

1,000

Aug. 31.'47

price declines

*394,111

railway
from railway
ry. oper. income—_

Net

interest

unit; dis-

for

—V.

the

as

1,000

part of

a

The general funds of the

purposes

8 Mos. End.

,

deductions

1.804.100

income.—

2,200

34,048

•

*88,916

1,300

——

England—Earnings—

1946

'

T,2CO
1,000

1 50O

1,300

1946.

$170,000

*27,096

Greenway & Co.———
Eugene C. Dlnsmore
Estes, Snyder & Co., Inc.__
Beecror't, Cole & Co.—

3 000

"$2^0*73,731

Provision

Unit—

per
of

$2.50

$193,000

railway
railway

Canadian

America-—Pays $2.15 Divi¬

holders

after

with

1947

oper.

Net

based

compared

as

3,500

income

Prov.

Book-of-the-Month, Inc.—Extra Dividend—
25

adm.

'-Deficit.—V.

*

of

&

gen.

Income

quarter of

from

ry.

*

-

making

fiscal

on

1,300

-

company.

Balance

,

1947, both payable Dec. 31 to holders
16.
With the three
quarterly distributions of 50 cents
March 31, June 30 and Sept..
30, this makes a total of

1947,

from

Net

1946.

liquidating

extra

,,

Other

From Jan: 1—

■

An

.

Sell.,

633,564

488,978

Buffett & Co
John Douglas & Co., Inc.—

corporate

Gross sales less
disc., &c.
of goods
sold..^.,-

1,534,138

285,995

589,305

The National Co. of Omaha

5,000

CONSOLIDATED

(buy¬

p. 3047.

dividend

the

such

58,974

29,602

•

October—

semi-annual

unit,

current

54.10 per unit in

to

regular

total portfolio
•■£ plus- other net assets
v? tribution,
aggregated

yf resulting

paid

per

■A- I The

*

1,319

44,160

>

for

$156,148'
,

!

59,058
93,868

5,000

.

1944

$80,919

403,408

from

Gross
Net

to

dend—Liquidating Value $93.76
—

1945

funds of

used

Cost

railway
from railway—
ry. oper. income.—

Net

will

corporation

in

Net

The

-

66,389

be

termine.

1943'

'22,364

general

will

$154,031

1,386,339

number

follows;

PURPOSE—The net proceeds will be added to and
become

;!.f'.' v :!

fourth

Dec.

made

Gross

»

,

194.7-

the
as

1,500

the

$164,301

are

No. of

3,000

518,993

Canadian National Lines in New

Cali¬

Ltd.

"Pop" Corn Sez,

Bond Investment Trust of

k

430,503

October-

corporate

vote rn a proposal to
change the
Blair Holdings Corp., and to trans¬
fer: the business of
underwriting and distribution ot securities to a
wholly-owned subsidiary to-be known as Elafr &
Co., Inc., which name
has substantial good will in the
securities business.
If this action is
approved, the changes are to take effect at the close of
business,
Dec. 31, 1947.—V. 166, p. 2207.

W

36,043

-

and

each

by

U-yi;shs. ft

William R. Staats Co...——
Burns, Potter & Co

959,761

136,551

>•>

uhdefiVHters

the

purchased

Barret, Fitch & Co., Inc.—

Lawrence Br inker & Co.—

2,533.965

939,956

1783.

P.

be

3

7,200

Ranson-Davidson Co.,
Inc. l!';
Boswoith, Sullivan & Co.—

166,

We. tern

Co.,

Co.,

lis;: -•corn business).
(
On Dec. 16, the stockholders
name

2,718,345

The usual quarterly dividends of 43% cents
per share on the $1.75
series preferred stock and 25 cents per share on the
$1 series preferred
stock were also declared, both
payable Dec. 31 to holders of record
Dec.
16.—V.
165', p. 2131.

Blair

fornia); Lucky Stores, inc. will own markets
Incorporated.
ing agency); and Auto-Vend, Inc. will own

&

,

72,536

the directors declared an extra dividend of 50 cents per
dividend of 75 cents per share on the common stuck in

a

the

record

whose

changes

and

each

present
business consists only of
holding the
Lucky Stares, Inc., and also to di.salve
Auto-Vend, Inc. which
& C. Co. and has no oher business
and to change
Co. to Auto-Vend, Inc.

of

Dec^ 2,

$2.75

Holdings Corp. will be the parent
company, and will have the
following subs diaries: Blair & Co., Inc.
(security business); Lucky Stores, Inc. (chain food
stores); Pepsi-Cola
Bottling Co. of Los Angeles (bottler and distributor of soft
drinks);
and Auto-Vend,
Inc.
(vending machine business).
Blair &

will

134.216

~

570,050

income—

oper.

respect of

land

of

to

The

166, p. 1886.

share

980.

p.

Upon completion of these
structure will be as follows;

If

61,193
6,963

*43,126
*90,880

$324,627

Canadian Celanese Ltd.—Extra 50-Cent Dividend—

holds the stock of T.
the name of T. & C.

j

1944

$262,990

Balance

•

to

Industries,

§1

1945',

•;:•

2,688,267

.

of

names

stock

Kirkpatrick-Pettis Co.
Rauscher, Fierce & Co.„_
Kebbon, McCorm'.ck & Co._

- •

Co., Inc.—To Simplify Corporate Structure—

corporation
stock

ry.

—V.

company which operated the plant during the
war,
will use
plant for the fabrication of rai road car
frames, mine cars, road
mats, long span steel joists and miscellaneous
products.
Completed early in 1945, the plant consists of a steel-frame
man¬
etc.—V.

common

shs.

3,204,881
743,702

f

railway-.'Al.'
railway—

from

Net

This

site,

of

—

contingent

it

shares

No. of

46,895

from

Net

the

ill-

of

:

from

Gr'oss

approved

appraised

UNDERWRITERS-—The

'

$673,138.

sale

.

in

preierred stock.
Canadian company,

a

(2307)

a

par

in

1946

.

.

railway—„
from railway
ry, oper:-income—

Net

Bethlehem Steel
Co.~Buy8 Government Plant-^
shell-casings plant

of

Cambria & Indiana RR.- -Earnings—

17,276,943

3,676.330

surplus

four-fifths

1783.

*10,652

v

■

income.—

oper,

From Jan. 1—

A

of

$181,636

income

535,297

728,565

19,388,597
8,617,295

oper". income
166, p. 1783.

p.

1947

from', railway
railway——

ry.

$1,867,128

948,786

ry.

—V,

$1,319,554

1,269,719

railway____
railway—

from

$2,048,209

$25

interest

166,

$300,298

fr.om

Net

1944

1

■

-

from

Ne.t

1945

issuance

authorized

54%

a

.

oper.

Net

1946

$2,519,800

income

oper.

Prom Jan. 1—

Gross

Earnings—

1947

from

Net
.

v''

be

railway:
railway——_

from

Net

share

166, p. 1910.

Bessemer & Lake Erie RR.-

newly

will

from

From Jan. 1—"

October—

through

Bnrrington-Rock Island RR.—Earnings-—

dividend
per

the

$20

CHRONICLE

on

payame

the

year-end

a

in

FINANCIAL

Penberthy Injecior Co., Ltd.—V.

'

will

1947.—V.

81 »/4

series

15.

on

quarterly

and

stock,

Dec.

that

announces

usual

stock

common

year to
take
action
the common stock.
A

was

the

preferred

to holders of

The
the

share

per

Dec. 27

have

&

Other

for

Countries, $42.00 per year.
foreign subscriptions and advertisements must be made In New York funas.

COMMERCIAL

THE

1947

1946

1945

$730,515
278,983

$707,059

$575,712

$553,782

125,746

134,180
73,981

172,770

168,296

railway

from

Gross
Net

from

Net

ry.

railway.

income—

oper.

ly—This company, it was announced on Dec. 3, has sold
to The Mutual Life Insurance Co. of New York, its $500,-

1944

October—

230,609

Gross

,Net

income—

J—V. 166,

5,121,123
1,238,490
640,454

the expanded postwar business of the company.—

from

5,886,001

777,099

V.

2,328,669
813,994

1887.

p.

meet

to

5,582,111
1,776,281

1,257,812

railway

oper.

ry.

6,594,704
2,258,756

railway

from

from

15-year note, the proceeds of which are to be used
increased net working capital needs resulting

000

80,156

From Jan. 1—

Net

Monday, December 8,1947
Conant Real Estate Trust

Cleveland Ilobbing Machine Co.—Places Notes Private¬

Ry.—Earnings—

Chicago & Illinois Midland

'■■■<*■

CHRONICLE

FINANCIAL

&

158,

1439.

p.

The

Lund,
which

Louisville Ry.—Earnings—

1947
$1,533,411
458,879

October—
Net
tlet

ry.

railway

from

1

railway

from

Gross

Mr.

238,797

72,734

75,399

12,588.810
1,937,595

9,221,250

9,862,446

railway—*.4-

from
ry.

11,428,665

977,691

2,843,695

24,230

"429,507

1,587,252

3,832,553
2,302,152

oper. income.^.

,

Gross

ry.

—V.

$1,199,696
610,219
497,876

$916,897
323,137
256,b54

14,406,893

4,502,705
3,681,673

income

166,

11.939,677
6,287,003
5,170,529

11,271,622
5,260,325
4,301,218

10,996,814

6,313,126
5,602,685

railway

oper.

directors

The

the

on

1944

1945

$20,422,821
Gross from railway—_ $23 .048.164 $19,764,326 $20,055,676
6,133,612
5,159,833
1,840,431
Net from railway—___
5 ,618,341
3,088,414
2,998,546
2,246,635
Net ry. oper. income—
2 340,033

railway

from

Net
Net

railway.—

from

__

Income.__

oper.

ry.

__

166,041,311 193,995,291
21,603,239
42,697,503
9,627,947
23,749,869
13 106,305

189 ,405,919
36 043 072

this

Dec.

on

Dividend—

Co-—$2 Extra

declared

4

extra

an

dividend

of

$2

per

share

stock, payable Dec. 23 to holders of record Dec. 11.
the four quarterly distributions of 50 cents each already
year, and the extra of $1 paid on Aug. 15, total payments
will amount to $5 per share, as compared with $4.25 in

this

made

^

year

1946—V.

166,

shares

$6

C.

A.

25

A

railway

Net
Net

ry.

railway

from

2,184,765

1,246,051

income:

oper.

Net

railway...

from

ry.

145,511,881

railway

from

Gross

22,687,006

..

6,688,555

income—

oper.

133,895,940 143,210,027
19,484,457
34,840,973
7,887,870
17,993,654

record

139,418,163

Net

ry.

3

166,

19,797,972

Stock

Also Declares

—

declared

the

on

common

stock was one of $l

from

ry.

—V.

on

for

-Funds

Produce District Trusttions Available—

Net

from

ry.

first

mortgage

that

166,

Net

ry.

Net

ry.

railway

from

Net

income —

oper.

Net

ry.

railway

from

Net

—V.

income
2208.

oper.

166,

132,533,327 165,579,068 158,518,361
60,888,574
62,456.217
38,708,191
30,138,008
23,011,921
24,083,454
17,602,045
13,689,421

147,026,343

railway

fnm

p.

990

behalf

on

without

of

under¬

1945

1944

ry.

13,925,435
4,911,171

2,409,145

Wyoming Ry.—Earnings1944

$152,249

$143,360

$122,703

83,163

51,039

36,471

63,189

40,266

21,715

16,549

3,322

$193,697

1,668,769

1,111,258

1,273,404

1,412,530

702,843
332,774

349,620

408,953

499,046

211,541

193,660

Minneapolis

Chciago St. Paul
railway..__

from

When

Ry.—Earnings—

Net

from

Net

ry.

Iway

la

1944

1947

1945

$146,426

$194,237

$159,151

53,877

"433

70,230

43,882

43,195

' 12,238

23,793

Net
Net

ra:lwav

from

166,

,333,719
187,737

968,859

income—

oper.

ry.

"Deficit.—V.

,393,959

25,587,673
4,146,263

railway..-.

from

have

of

called

been

sinking

the

719,509

1,403,177

1,396,626

1,375,605

4,182

22,704,099

5,390,036
2,891,992

RR.—Partial Redemption

redemption on
$420,000 of first

for

fund,

March 1, next, for
and refunding mort¬

due Sept. 1, 1962, at 100
and
interest.
Fayment
will be made at
the Bankers Trust Co.,
trustee, 16 Wall Street, New York, N. Y.—V. 164, p. 3049.
series D,

fund bonds,

sinking

4 V4%

gage

This

158,292

201,600

258,259

"96,980

23,571

48,569

Ventas de Salitre y Yodo
have

There

been

Corp. (Corporacion de

de Chile)—Partial Redemption

called for redemption on Dec.

31, next, at 101 and

£134,300 of 5% sterling income debentures.
Payment in sterling will be made at the counting house of J. Henry
Schroder & Co., London; in dollars at the office of J. Henry Schroder
Banking Corp. in New York; in florins at the office of Nederlandsche
Handei Maatsohappij N.V., in Amsterdam; in Swiss francs at the office
of Credit Suisse in Zurich; or in French francs at the office of Banque
De Paris Et Des Pays-Bas in Paris.-r-V. 166, p. 1784.
interest,

June

Cincinnati Gas & Electric

refractories

.1945

price

Div.—

26

declared

Dec.

dividend

a

22

to

of

holders

37^

of

cents

record

per

Dec.

37 V2 cents on Sept.
1947.—V. 166, p. 1991.

30,

was

30,

Cincinnate,

has

tabli;hed

Reeve Hoover,
011

Nov.

Washington, D. C.,

last

22.

March

alumina

by

private

a

group,

deposit in South 'Caro¬
widely used in super-duty

of

the

industry.

ceramic

Satis¬

in

mads

Co.,

New
It

of

York

New
of

York

the

and
the

at

being

Clover, S.

corporation

concentrate

body

bankers.
will be maintained

company

City,

ore

is

corporation, aside from Mr. Hoover, who
Minerals,
Inc.,
are
Clyde
Williams

of

investment

believed

is

kyanite

The

in

readily

of

both

in

Corp. has petitioned the SEC for approval of the pur¬
its pro rata portion of 204,000 common shares to be allotted
Cincinnati Gas & Electric Co. to its common stockholders.
as the ownfer "of 319,976 common
shares of Cincinnati Gas,
be entitled to subscribe for 31,997 additional shares.—V. 166,

at

39

Cortlandt

calcined

Cincinnati New Orleans & Texas Pacific
from

The

quantity

Net

from

Net

ry.

1944

.

railway—

railway---

oper.

_

$3,147,909
1,068,175

$2,849,620
899,513
456,481

$2,421,665
723,856
237,699

$3,293,775

1,259,846

607,088

411,808

form.

Net

from

Net

ry.

—V.

railway——

24,572,828
5,793,241

income—

5,052,939

3,131,062

railway—.

oper.

166, p.

_

28,734,223
9,745,455
3,603,779

Apartments, Inc., Cedar Rapids, la.—

at

a

trustee, 3rd Avenue and 3rd Street,
the close of business on Dec. 29, 1947, will
bids for the sale to it of-4-4'/a % bonds due Nov. 1, 1949 to an
sufficient to exhaust the sum of $6,984.
Tenders must be made

flat

until

price without

accrued interest.—V.

120, p. 2687.

Commonwealth Edison Co.—Weekly

Output—

Floyd

the

elected

the

Sept.

declared

30,

165,

Electric

Illuminating
1

-

is

kilowatthour output
comparisons with last

the

are

percentage

Week Ended—

totals of

the

past

four weeks

1946

consultant

nominees

of

Bond

the

of

Cities

lirm

law

Gas

Airplane

Pur¬

E.

C.

Share

firm

Co.,

York;

Nov.

of

of

and

York;
Oswa'd L.
Thacher and Bartlett,
the board and a di¬

George

Radio-Keith-Orpheum

20,

Convair.

director

New

Chairman

New

Chairman

on

directors

Groesbeck,

Simpson

of

Directors—

elected

Shaw, member

H.

Lee, Shaw and McCreery of Denver, 'arid

Co.,

share,

per

This compares with
and
35
cents on

Corp.,

named

were

Vice

Inc.,

Services,

of

Service

cents

50

was

Aircraft

were:

&

law

Corp.,

Vultee

Atlas

Iiich,

R.

the

2209.

p.

30

Corp-—New

Atlas

of

of

the

of

Ebasco

of

of

of

15.

June

011

Aircraft

selected

Electric

Sydney

of New
fill

to

166,

Boston—50-Cent Div.

dividend

a

cents

Consolidated

partner

York;

tural

Corp.

company

3164.

p.

President

directors

other

Johnston,

director

a

Arkansas

and

Corp.,

Na¬

Howard, aviation consultant for Fairchild
Douglas Aircraft Co., United Airlines and Atlas

Corp.;

Ben

company,

O.

Corp., and Assistant to the President of Douglas Aircraft Co.; Richard
C.
Patterson, Jr., Chairman of the board of Ogden Corp.
end of
the New
York Water Services Corp.,
a
partner in Robert, HTler fir.
Associates, industrial engineers, and a director of General Aniline Ac
Film
Corp.;
Wi'liam C.
Rockefeller, General Manager of Alvin; P.
and

Adams

Associates,

executive

an

Earlier,
Avco

of

after

aviation

Atlas

meeting

a

Manufacturing

consultants;

and

Emmett

McCabe,

A.

Corp.

of

Corp.

the

old

resigned

board,

in

favor

nine

representatives

the

of

Odium,

B,

newly-elected

nominees

Chairman

Board, made the following statement
"Consolidated
Atlas
of

in

Aircraft

the

selection

has

"Atlas

Vultee

through
and

Corp.,

directors

ations'

my

become

the

Corp.,

election

of

Atlas

of

various

and

hopes

today

in

develop

becomes affilated with
nominees to the board
the

such

many

branches

to

of

board.

so-ca'led

industry

of

this

the

of

Nov. 20:

on

nine Atlas

of

Chairman

as

interested

in

past

business
the

of

part
still

one

'special

as

a

the

in

rituof

part

aviation

its

field

230.680,000

225,632,000

213,029,COO
209,799,000
209,641,000

8.7
10.0

8

221,373,000

204.2il.000

8.4

231.586,000

Nov.

1—

166,

several, weeks,

next

time

my

remain,

to

policies

aircraft

the

of

however,

7.6

Commonwealth

more

&

Southern Corp.—Weekly

Output—

kilowatt hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions of

weekly

this

served

313,814,480
week

m

in

1946,

week ended Nov. 27, 1947,
with
272,924,369
for
the
increase of 40,890,111 or 14.98%.

for

the

compared

as

an

amounted to
corresponding

securities

The

payment of
to

be

V.

166,

pavable
p.

and

Exchange

the

$3 dividend
Jan. 2. 1948

2101).—V.

166, p.

San

devote

the

major

the pep/eral
Calif." I shall

at

Diego,

president of Atlas.
the Consolidated company, dealing
impacts on this particular indusfrv and
project to produce the so-called 'Convair'

as

''

loses

year

1948

in

this

connection

drawing

now

almost

seem

Convair .airliner

"The
will

be

and

should

ready

in

to

have

close

a

"

w

;

,

incurred during /the
substantial losses

been

and

further

certainty.

a

is

receive

to

be

spring."—V.

now

its

operation

in

the

final

several

stages

license-

commercial
011

of

the

of/its

in

the

country's

flight

tests,

: future,
airlines next

'

166, p. 2101.

:

Continental Can Co., Inc.—-New Plant Expected to Be

Ready Aug. 1, 1948—
A

fibre

and

new

converting

paper

Commission

on

Dec.

2

approved

for

the

manufacture

of

"Leverpak"

General Manager of the corporation's paper
will comprise approximately 200,000 square
a 40-acre
plot.

Price,

factory

The

It

will

new

located

be

on

,0

contract

Co., Inc.,

began

to

the

plant;

was

awarded

to

the

John

W.

Cowper

Grading and foundation work

immediately.

as

not

erect

of Buffalo, N. Y., on Oct. 30.

Manufacturing
struction

be

the

recently declared on the preferred stock
to holders of record Dec. 12, 1947 isee
2208.

•

plant

shipping drums is now under construction in Tonawahda, N.'Y.,
is expected to be finished
and in production by Aug.' 1, 1'948,

feet.

tion

Payment of Preferred Dividend Authorized—

inviting bids for
first mortgage

will

problems

in

airliner.

A

The

major

with the post-war
particularly with its

according to J. F.

2208.

p.

at .least,' I

and

corporation

"Many serious problems confront
partly

% Incr.

Nov. 15

4,135,725

Co.—Bids for

of

price.

year:

1947

Nov. 22

Nov.

$20,000,000




40

Vultee

of

other

eight

rector

the

of

to stockholders of record Dec.
011

board

The

the Carnegie

of

trustee

a

Investment Trust,
trustees

Odium,

B.

during

Electricity output of this company and associated companies, exclud¬
sales to other electric utilities for the week ended Nov. 22, 1947
Showed an
8 7'4
increase
over
the corresponding week a yeaf ago.

12,798,766

the purchase as a whole of an
bonds, series due 1982, bearing
interest from Dec. 1. 1947.
Such bids will be received by the company
at Room 712
"5 PuhU" ®"tiare, Cleveland 1, Ohio; up to Noon (EST)
on Dec. 9.—V.
166, p. 1991.
company

of

who is Fresident

was

1947.—V.

28,

"Heavy

ing

of

chase of Bonds—
The

25

paid

current

territory

issue

Josephs,

2,

headquarters

32,043,637

1784.

Cleveland

C.

division.

28.519,295
9.112,691

from

market

any

Consolidated

regular

v

From Jan. 1—
Gross

offering

the

of

such

caused by the death of W. Gibson Carey, Jr.—V.

Dec.

March

and

Sought—

Rapids. Iowa,

—V.

■

income. _

at

Floyd

Guaranty Bank & Trust Co.,

receive

Ry.— Earns.—
1945

1946

1947

October—,

time

15above

Redemption of 3 V2 % Debentures—

Nov.

on

"For

and

.)

the market

approximately

the

about

at
than

more

St.,

able to deliver various types
soon after the first of the year.
be

developed is said to be of considerable size
accessible ore
rich in kyanite and showing

Commonwealth

Following

2208.

Gross

not

successfully.

of

would
u.

to

redemption

cents

C.
will

contaminating

and

raw

common

Corp., which now assumes management control of the aircraft company.

low
materials, making this ore particularly
applicable to the glass industry.
Stress will be placed on the quality
of the finished product, which will be furnished in various grain sizes
contain

to

pecentnges

United

The

by the
United,

ranging from

stock

common

payable Dec. 26

Albert R.

finance construction.:

chase

for

vacancy

New

Eckel of the Chilton Co., and Godfrey
George Fercv and Richard E. Metz, all of Clark Dodge

Rockefeller,

&

offered

be

common

New Trustee Elected—

of

Dominion

Doty,

opposed.

20-year 3l/a%

York,

compared

1947,

large kyanite

branches

been

the

of

of

Mr.

S.

amount

one

other

in

directors

The

Vice-President

offered
of

e

a

progress

Cedar

Dec.

was

developing a
si icate of

is

and

announced

was

307,004

outstanding

principal
amount
for
each share
stock of the company at a

into

amount

an

shares

and

debentures, due Jan. 1, 1958, which were recent'y
on
Jan.
2.
1948, at 102 and interest, will be
time at the City Bank Farmers Trust Co. or at the
office of J. P. Morgan & Co. Incorporated, both located in New York,
N.
Y., upon presentation and surrender of said debentures.

3,

production.

Co.—Registers with SEC—

with the SEC
shares will be
to-common stockholders (without underwriting) on the basis
new
shire for each- 10 shares held.
Proceeds will be used to
011

companv

the

of

debentures

the

Consolidated

building a sizable plant at the
mine site,
near Clover, S.
C., the company reported.
Henry S. Doty, formerly Manager of the Kyanite Products Corp.,
is
Pre ident
of Commercialores,
Inc.; L. G.. Wilson is Vice-President
and
Tre-surer,
and N. K.
Karchner is Vice-President in charge of
factory

1 filed a registration statement
covering 204,000 shares. (.$8.50 part common stock.
The
The

it

of

purpose

Kyanite

Tenders

•

at

action,

will

debentures

$5

principal

10,116,716

100,159

payable

payment

corporation

the

lina.

Offices

Chilean Nitrate & Iodine Sales

of

convertible

year-end dividend of 25 cents per share on the outstanding

chairman,

its

as

435,897

1784.

p.

Chicago & Western Indiana
There

account

23,504,122
6,027,500
3,192,449

ralio

price to be set

19,173

1,388,661

The board of directors has elected

$2,357,369

convertible

the

'

for

1—

From January

Grbss

442,430

249,C42

income

oper.

462,593

$2,^54,540
523,653
269,047

the

be

the

of

authorized

1

$57,382,600

was

shares

the

Dec.

on

of

vote

favor

of

2%

in

will

redeemable

$173,401

Nov.

than

issue

The

outstanding in

more

held

meeting

proposed

a

issued,

and

called

Commercialores, Inc., N. Y. City—Chairman Elected—

1944

1945

$2,,544,058

slightly

or

of

debentures.

296,922

Greenville

both

on

date,

special

a

shares

the

stockholders

Omaha Ry.— Earnings

1946

1947
$2,890,276
627,769

October—
Gross

of

Places of

on

at

convertible

of

shares

and

&

stockho'ders

74'/<

01

1945

call

2

convertible- feature

amount

1946

Fob.

Conversion Feature of Debentures Authorized—

166, p. 1784.

on

series

2,045,763

income

cents

outstanding

4,144,047

the

Devercux

previous

the

13,079,441

railway

a

call

to

228,477

income

stock,

50

order

in

debentures

1948.

2,

Following

■>

bringing payments for the year to $1.50, against $1 per share for 1946.

with

proposed

1,173,351

.

directors

the

convertible

of

35

The

with

not

9,130,213

Commercial Solvents Corp.—25-Cent Year-End
The

Financing Postponed—

attempt to meet the Feb. 2 call date in con¬
refinancing of the company's outstanding
stock, because of unlavorable conditions in the
preferred stock market, Charles B. Delalield, Assistant to the Presi¬
dent, told the New York Public Service Commission on Nov. 25.
Mr.
Delafield
told
the
Commission that the presently outstanding
2,188,885 shares of $5 cumulative preferred stock are callable only on
dividend dates and with 30 days' prior notice.
The company originally
announced its intention to issue, subject to Public Service Commission
authorization, 1,750,000 shares of new preferred stock and $57,382,600
will

cumulative preferred

On

common

Local distri¬

.

396,830

railway

share and

for

10.081,049

railway

"Deficit.—V.

197,600,000 kwh.

increase of 7.2%

the next date on which the series
may be called is May l, 1948.
Mr. Delafield told the Commission that
the company still proposes to proceed as promptly as possible with the
financing but that action will depend on future market conditions.

income

oper.

with

compared

an

Feb.

railway

from

kwh.

company

nection

$5

1784.

from

Gross

kwh.,
1946,

amounted to 198.200,000 kwh., compared wiih
the corresponding week of last year, an increase

9.2%.

of

From Jan. 1—

$15,215,769 $13,402,617 $15,347,125 $16,219,457
5,058,179
6,195,137
2,880,861
4,010,488
2,334,808
1,410,851
1,531,657
1,833,543

From Jan. 1—

Gross

181,400,000

The

&

oper.

211,900,000

electricity

300,745

railway

from

from

1944

1945

1946

1947

railway

from

of

234,985

October—

Net

to

1,758,191

Columbus &
Gross

Dec. 3 announced that System output of electrici.y
and purchased) for the week ended N/v. 3b,

on

40,086

railway

p.

Net

Chicago Rock Island & Pacific Ry- —Earnings—
October—

bution

The

bonds

income

estate

95,265

income.__

oper.

real

561,138

railway

Net

Gross

for

From Jan. 1—

rv.

of

generated

amounted

held,

—V.

have not been
presented for retirement or redemption
will be paid at par, with
interest to the respective redemption dates, at the American National
Bank & Trust Co., trustee, 33 No. La Salle Street, Chicago, 111.
These
bonds have heretofore been called for redemption at various dates.
All of the class A certiiicates of beneficial interest have also been
called for redemption, and funds for the payment of the same are
available at the above-mentioned trust company.—V. 166, p. 2101.
outstanding

so.d

be

share

1946

1947

from

group

project—will be a completely in¬
stores and entertainment facilities,

$1,686,601

railway
income

from

Board,

National
estate

real

461,377

oper.

Net

the
in

nationwide

a

Estate

of
known

$3,000,000

the corresponding week of

for

1887.

from

Real

director

$1,321,761

October—

u.c.

Redemp-

1947,

the

Gross

in

Boston

a

is widely

201,643

railway-

Colorado

Brooklyn
Co.,
is

$1,084,058

railway
p.

Raw's.

the

305,151

income...

oper.

166,

Gror.s

Chicago

Center—a

Huston

Development

$1,193,152

railway

railway

from

Net

Net

All

SEC

From Jan. 1—
Gross

a

1784.

p.

a

the

Southern Ry.—Earnings—

&

oper.

Net

d.str but on

last

1946.—V.

from

41,882,894

14.

Nov.

The

31,

Dec.

on

to

$100

at

1947

from

Gross
Net

dividend of $2.50 per shaie on
the preferred stock
and a dividend of 50 cents per share on the
common
sto.k. both payable Dec. 31 to holders of
record Dec. 12.
The $2.50 preferred dividend brings
1947 payments, on that issue to
$5 per share, as $2.50 per share was paid on Dec.
1 to holders , of
directors

The

Colorado

Dividend—

$2.50 Preferred

Chicago,

with

1068.

p.

October—

Net

50 Cents on Common

To Pay

2,047,163

842,30a

From Jan. 1—

Net

stock,

preferred

Inc.,

Co.,

filed

1944

1946
1945
$14,816,913
$16,761,824 $15,482,411 $15,279,200
4,538,646
3,565,729
3,431,030
1947

from

Gross

and
165,

was

Ry.—Earnings—

Chicago & North Western
October—

notification

of

cumulative

series

lyn

writing.—V.

He

Preferred Stock

letter

a

and

community of 40 retail
parking space for 3,000 cars.

The

Nov.

the

of

Boards.

tegrated

1252.

p.

Colonial Ice Co., Greensboro, N. C.—Filing with SEC—
On

director

Estate

through his trusteeships
organizations and banks.

with

director of

group

institutions
a

circles

Shore

W.

of well-known real estate
throughout the country. Mr. Luntl

large

a

and

a

York

New

Vice-President

Real

Joseph

Consolidated Edison Co. of New York, Inc.—Output—

common

Including

189,118,193
56,028,989
27,050,097

166, p. 1784.

—V.

of

Greater

with

and

Minot

and

J.

Treasurer

the

financial

recently

(electricity

From Jan. 1—
Gross

was

Association

1887.

p.

and

Vice-President

and

James

being

and

trustee

The company

RR.—Earnings

1946

1947

October—

1944

North

Colgate-Palmolive-Peet

Chicago Milwaukee St. Paul & Pacific

•:*

income...

railway

from

from

Net

"Deficit.—V. 166, p. 1887.

: .e...

lway______

oper.

$1,293,580
591,424
570,052

$1,553,336
610,406
541,752

railway

ra

1945

From January 1—

Net

railway

from

Gross
Net

ry.

452,156

From Jan. 1—

Net

Net

$1,118,628

149,810

318.187

income—

oper.

$849,733

263,958

from

1946

1947

from

Net

besides

as

and

of

Coolidge,

Co.

Storer

construction at Beverly, Mass.
Mr. Lund has
the
Conant
organization, joining in that

into

go

L.

investors, have acquired a substantial
the North Shore Shopping Center,

of

owner

trustee

Storer,

concerns

Clinchfield RR.—Earnings—
Gross

1944

$1,243,211

a

Lawrence

(Mass-)—New Interests—

Theodore

of

group

a

Trust,

soon

capacity

is

1945

will
made

been

Development

October—

1946

this

in

that

announce

representing

interest

associated
*

Chicago Indianapolis &

trustees

for
soon

later

equipment for the new plant has been under con¬
months and will be ready for delivery and installa¬
new
building is completed.
This is expected to

many
as

the

than

will

be

of

the

Aug.

1,

1948.

Continental plant devoted exclusively to the
shipping drums.
The ether two, operated bv
The Container Co., a subsidiary, are located in Van Wert, Ohio, and
Reading, Pa.—V. 166, p. 1681.
-This

manufacture

third

fibre

Co.—25-Cent Dividend—

Fibre

Continental-Diamond

dividend of 25 cents per share,
payable Dec. 22 to stockholders of record Dec. 12.
A like amount was
paid on March IV, June U and Sept. 22,. this year.
In 1945, only
one
payment—10 cents per share—was made on March 18.— V. 166,
Oa

Dec.

the directors declared

1,

a

2209.

p.

NP?

from

Net

rv

1 570,557

755,044

The

directors

Dec.

on

declaied

2

Dec.

record

March

1943.

19,

March

record

of

common stock, one
and the other payable

19,

66,667,732
0,0,

A

than for any previous quarter of the
at approximately $19,000,000 The
said to be encouraging.—V. 166,

year,
with un.illed orders
for new business
was
also

outlook

2102,

p.

'

company

Dec.

on

filed

l

•

166,

61,444,393

b',416,819

3,979,829

473

letter of notification with the SEC

a

20,000 shares ($10 par) preferred and 4,000 preferred stock option
warrants.
The pre.erred will be offered publicly at $10 a share and
the warrants will be sold to the agent at 10 cents each.
Underwriter,

be used

will

Proceeds

Hartford.

Middlebrook,

&

9—V.

166,

be

will

Dec.

the directois have

13.

made in

Payments

and

cents

July

1,

of

Plan

were

follows: Jan.

as

Grande Western

2,

semi-annual of

a

and

year-end of 50 cents;

a

'

50 cents.

recommended

and

approved

unanimously

have

the

which provides for a net
stock of the corporation
from
$2,500,000 to $3,750,000, the reduction of the par value of the common
stock from S5
to $2.50
per
share, and the authorization of 125,000
shares of preferred
stock having a par value of $20 each, issuable
in one or more series.
A special meeting of the stockholders will be
of

adoption

The
of

16

Dec.

series

first

capital

authorized

vote

to

recapitalization

of

plan

a

the

in

increase

held

such

of

plan.

the

on

pre.ened

of 60,500 shares
will be di tributed

consisting

stock

the holders of the out¬
standing common stock, and without cost to them, in the ratio of
one
share of 5%
preferred in respect of each four shares of common
stock outstanding, the number of common shares outstanding remain¬
ing
unchanged.
The 408 shares of common stock previously issued
and now held in the corporation's treasury are to be eliminated.
The
balance of the authorized preferred stock not
to be distributed upon
consummation of the p an is to be reserved to provide for the future
financial' requirements of the business.
The corporation has no pending negotiations
or present plans for
such
future
financing beyond
the authorization of such additional
shares in order to have available for such purpose 64,500 shares of
preferred stock of the same class or rank as that presently to be
distributed to holders of the outstanding common stock.
While of the
same
class Or rank, shares of preferred stock sold in the future m&y
not be of the same serie; as the 5%
preferred stock to be distributed
upon consummation of the plan.
The
proposed
recapitalization
provides for the capitalization of
$605,000 of presently existing capital surplus in addition to an equal
amount
resulting from the reduction of the par value of the out¬
standing common stock, and also, as noted above, anticipates future
financial
requirements
to
provide for
the further growth of the
(he

with

accordance

plan

rata

pro

among

The

of

holders

outstanding

the

common

stock

will

receive free

the

stock to be distributed pro rata pur¬
suant to
the plan and
thereupon wi 1 still be the sole owners of the
corporation and in the same prooort ons.
Faeh holder of 'our shares of
common
stock having a
par value of $5
each presently outstanding
will upon
the consummation of the plan own one share of $20 par
5'/>
preferred stock and
four shares of common, stock having the
reduced par value of $2.50 per share.
Following consummation of the
plan

shares

stockholder

any

distributed

stock

sell

may

him.

to

all

or

thereby

his

reducing

without

corporation

the. capital
30, 1.947:

Sept.

surplus

and

on

of

part

any

the 51/

preferred

his investment in the
proportionate interest in the out¬
reducing

standing com peon stock or in the voting
The iollowing table, phows the' effect of

plan

Net

ry.

railway--""

from

rights represented thereby.
the consummation of the
of the corporation as of

accounts

in

57/

of

stock—

one

$20

consu m m a t io n

ion

of

plan

166

p.

ry.

$2,500,000

None

series t

issued

Gross

Net

ry.

—v.

shares

60,500 shs.

1,210.000

$5

2.50 par

605.000

-None-

2,040

par

from

s

Net

ry.

figures

RESULTS

From Jan

from

Gross

Net

ry.

ry

"After

FOR

consummation

MONTHS

SIX

of

ENDED

SEPT.

30

927,130
355,298

1,112,346

(consolidated)

$571,£'32

$686,835

•Earnings per common share

$2.36

$2.83

&

.

operations

amortizat on—1947,
Federal

depreciation

(after

$14,964;

income

income

1946,

$19,6321

taxes

p.

the 242,300

bn

$4,908,727
3.209.409

1,982,524

1,779,472

1,802,157

35,856,020
18.002,927

29,895,995
14,155,669
8,186,188

37,314,270
20,175,4(2

38,143,541
20,872,422

11,032,664

11,313,296

9,673,992

income—.

South Shore

15,908

NVpTipnP!_rviTr0meiriRRfl 423'897
ihuo.

022 036

465'437

575'82i

p.

„

.P.

.

Duluth Winnipeg & Pacific Ry.

Elgin Joliet & Eastern Ry.—Earnings—■

Octoberfrom

shares

of

common

stock outstanding.—V.

166,

1992.

'

Decca Records,

1945

1944

$225,500

$177,300

frcm

Net

ry.

25.418

1,276

'29,701

3.014,900

2,184,000

2.250,200

2,654.200

88,896

railway
income-....

oper.

pl

ice.

'

payable

the

Nel

and
Nov.

on

359,071

128,159

300,067

21.555,989
4,123,801

4,587,301

893,974

26.818,593
6,157,889
2,380,203

28,818,115
7,164,002
2,733,052

income___

oper

9

'

.

30,

M.

on

New Increased Snares

voted

25
28.—V.

to

made

166,

in

1888.

P-

to

board,

this corporation, at a

accept an

Dec.

on

3

announced that di-

special meeting in Cleveland, Ohio,

offer of $7,430,000 by

the Studebaker Corp. for the

purchase of all of Empire's assets.
The acceptance is subject to
stockholders' approval and the offer price is subject to Empire's liabilities, which will be assumed by the purchaser. The sale was negotia ted by Hill, Thompson & Co. Inc., and Reynolds & Co., investment
bankers, New York, N. Y.
The sale price amounts to approximately $63 per share of Empire

declared

2

1948

S(«el C«rp—Directors Approve Sale of Assets

toJ.Studebaker Corp.—the
Hill, Chairman of

'

a cash dividend
of 25 cents per
stockholders of record Jan. 16, 1948.
the year 1947, after adjustment for
stock split-up on Oct. 24, were 15 cents per share in
cents in August.
A 4'v stock distribution was also

Dec.

on

Jan.

two-for-one

ry

crectors of

25-Cents

distributions

January

582.281

,

railway

from

4

'

im.

cc

directors
cash

667,261

11,617.292

railway

from

Net

m;°86

Set JrmopSUSma"" "
•Deficit-v.

1944

$2,965,008

383,204

—V. 166, p. 1786.

railway

lrom

1945

$1,969,228

924.674

31,831,123

income—.

oper.

1946

$2,744,784

From Jan. 1—

Gross

From Jan. 1—

Gross

ry.

1947

1,349 219

railway

from

jsret

1946

$266,200
45,4^4
"9,707

railway

from

Net

Earnings

1947

$347,800

October—
Gross

Net

$3,566,510

railway

Gross

•

™

through

1, next,

-V. 165, p. 2545.

.

lbo,

v.

Jan.

.

.

3,613,878
£15.599

ueiic.u.

on

Electric Power & Light Corp.—Weekly Input—

56,998

3,539,833
t'80,227

railway."

redemption

for

proved by the Board of Governors of the New York Curb Exchange.

46,431

from

has called

Electrographic Corp.—7% Stock Distribution—

3.476,440
281,252

_

corporation

The directors recently declared a-7% stock dividend on the common
stock, par $1 payable Dec. 30, 1947 to holders oi record Dec. 15,
1947. Application to list the 9,731 ad.dtional shares has been ap-

71,534

Net

Me'., is now in full

1944
$376,507
87,026

1 45
$343,513
45,^73

1 46

$432,445
78.301

4,533,378
859,295

income

railway

from

was

to

Io was most fortunate, he said,
provided for at this time because of

announced.

suppiy

years

For the week ended Nov. 27, 1947, the System input 01 subsidiaries
of this corporation amounted to 61,294,000 kwh., an increase of 10,511,000 kwh., or 20.6'/ , over the corresponding week of 194J.—V. 166,
P- 2209.

Atlantic Ry.—Earnings—

&

$521,407
122,432

railway

Utah Mining Co.'

Corp.

\

The

company

record

of

is
at

and

for

special

stock before

for

close

cents

each

of

on the basis
shares of common

par),

two

Inc.—$4,000,000 Bank Credit—

Jack Kapp, President, on Dec. l announced that arrangements have
been-completed for a $4,0C0,000 six-year credit.from the First National
Epnk of Boston, to increase working capital and to provide additional
fup.ds for the expansion and development of this corporation and its
subsidiaries.
Of this credit Decca is using $2,000,000 initially.
This
is tjie corporation's only outstanding bank loan.—V. 166, p. 1253.

one share
stock held.

of

payment of

expire

3

p.m.

(MST)

Dec.

incident to the sale and

expenses,

AND

BUSINESS—Company

was

organized

stockholders to act on

the matter will

ir„/u,wt

inhnsnn

Ppnsinn

Torn

Plan

Adnnfpri

EndlCOtt JOH11S011 CO! p.—tension nan Adopted

pension trust plan under which this corporation will pay the
entire cost of past service benefits estimated to be about $21,000,000
has been adopted by that company and retirements under , the plan
will commence Jan. 1, 1948, according to an announcement. The coma

pany

employs approximately 22,000 persons.

The plan supplements Social Security benefits. In addition to the
cost of past .service benefits the company will pay the cost of future
service benefits not covered by employee contributions, which contributions will be at the rale of 27/ of compensation.
All contributions
by both the company and employees will be paid into a pension trust
administered by Guaranty Trust Co. of New York as trustee. The
trust agreement provides that all funds in the trust must be used
solely for the benefit of the employees and their beneiiciaries.—V. 166,
P- 53.

in Utah March

Owns in fee a group of paten led lode mining c aims em¬
approximately 157.37 acres, together with an adjoining unpatented lode mining claim held by location, and owns an undivided
live-sixths interest in an adjoining group of
patented lode mining
claims
known
as
the
Mountaineer
Group, embracing approximately
14,

of Empire

holders it is planned to close the transaction on or about D02. M, 1947.
it is expected liquidating payments to shareholders will begin early
jn 1948.—V. 166, P. 1049.

of such

13 and subscriptions are payable
at office of Continental Nat'l Bank & Trust Co., Salt Lake City, Utah.
An
aggregate of 368,533 shares covered by subscription warrants
issued to the three largest stockholders of the company are not underwritten.
The underwriter, f.
Eberstadt & Co. Inc., New York, has
agreed to purchase from the company such number of the remaining
706,467 shares of common stock offered to stockhcldeis as are net
subscribed for prior to the expiration of the subscription warrants, and
has agreed to sell to Newmont Mining Corp. and Olin Industries, Inc.
an
aggregate of two-thirds of the number of shares of unsubscribed
stock purchased by the underwriter.
With respect to the remaining
one-third of such shares, the underwriter may, as it may determine,
hold all or part of such shares for investment or make one or more
public or other offerings of all or part of such shares, either prior
or
subsequent to the expiration of the subscription warrants.
The transfer agent for the common stock is Continental National
Bank & Trust Co., Salt Lake City, Utah. The company has no registrar.
Rights

meeting

be held on Dec. 19, 1947 and stockholders of record at the close of
business on Dec. 5, 1947 will be entitled to vote.
Mr. Hill stated that if the sale is authorized and approved by stock-

the holders of its outstanding common
business on Nov. 20, 1947, the right to
purchase, at 30 cents per share, 1,075,000 shares of
to

offering

the

(10

stock,
stock

Common Stock Offeied

425,511

'

'"Based

$5,245,622
3.220.267

$4,806,211
2.860,974

From Jan. 1Gross

Morgan

many

fund bonds 11110 1961 at 101.90 and interest. Payment will be made
al the City Bank Farmers Trust Co., trustee, 22 William Street, New
York- N- Y-—v- 166, P- 1992.

1944

194o

1946^

1,426,020

railway

HISTORY
Net

power

this

for

operation Of the sinking fund, $190,000 of first mortgage 31/4 % sinking

1786.

oper

mill

In addition to Maine, the corporation has extensive holdings of
woodlands in Nova Scotia.
A jarge percentage of wood used in its
plants comes lrom its own properties.—V. 166, p. 1354.

Ry.—Earnings—

i"47

from

Net

Lincoln

fche vefy acute power shortage in the State of Maine resulting from
inadequate rainfall during the year.

oco

2,668,474

railway

p.

Net

common

1946

Provision^ for

444,348

Mr.

that

1—

from

common

_1

from

3,597,600
1,788,575
5t>0,17 7

income—

Duiuth

subscribe

$9,415,840

profit

3,385 438
1,508,141

October
Gross

$154,244

1947

Net

3,496,343
1 402.373
376,2o2

$4 895,763

railway

oper.

166,

the

of

Eastern New York Power Corp.—Partial Redemption

railway

from

Net

—V.

1,869,983

$10,796,880

sales

4,550 263
2,112,522

1947

oper.

$765,411

a

.

54,yb8

railway

from

Net

1,869,983

(consolidated).

Ju the period of eight years. of common for 10 shares of 59 preferred,
ratio of ten shares
:

L

5,702

October—

Gro

needs

$1,250,000

plan" are reduced to
give effect to the retirement of the common stock held in treasury,
including 300 shares acquired after Sept. 30, 1947.
Application will be made for the listing on the New York Stock
Exchange and for registration under the Securities Exchange Act of
1934 of» the 60,500 shares of 5",
preferred stock and 242.000 shares
of coinmon stock of reduced par value to be outstanding upon com¬
plete consummation of the recapitalization as we.l as the common
stock to be reserved for the conversion of such 59
preferred stock

Net

tnnn

operation,

$33U,yji

The

stock

surplus

NOTE'—The

laa*

55,799

b89,349

pulpwood

the

The company's new power plant at Brewer,

1fld.

xb-io

1785.

p.

of

cmne.

$244,o57

income

oper.

166,

East
1,210,000

surplus

Line RR—Earnings—

58,438

lway

la

The corporation, which has mills at South Brewer and Lincoln, Me.,
has signed a contract for cutting rignts oi pulpwood on 110;000 acres
ln Maine, he reported. This supply, he aded, can furnisn a large

Steel

$2.50 par

par)

(at

treasury

shares

1,706,691

$5

par

408

7,527,875
2,910,580

1,278,865

Dulllth Missabe & Iron Range

Outstanding 242,000 shares $5

Earned

The production facilities of this corporation, are operating at full
capacity and demand is so heavy tnat output remains on an allocation basis, Claude B. Morgan, President, announced on Nov. 20.

1—

railway

from

from

made

500,000

Capital

7,120,072
2,394,481

1,474,267

I94tr

income—

oper.

From January

share,

125.000 shs.

$2,500,000

in

8 163,259
2,649,686

$420,24_

railway

from

Net

Outstanding

2,150,000 shs.

t

189,782

1U..

Net

Authorized

3,250,000 shs.

par)

Eastern Corp.—Operations at Full Capacity-

263,671

1947
railway——

from

(10c

feed and unissued shares.—V. 166, p, 1786..

-1944
$738,593

$474,639
200,38j

October—

Gross

The

par

Held

'

part

Detroit & Toledo Shore

The

plan

None

stock—

Authorized

income—
1785.

Duplail Corp.

(issuable

par

more

or

preferred

Common

10,819,641
4,582,809
2,486,917

_

railway

oper.

-

consum m a t

or

railway.

from

from
ry

stock

The l,075,u00 shares of common stock now offered consist of author-

From Jan. 1—

Net

After

Before

Authorized,

income___

oper.

.

Preferred

CAPITALIZATION AS OF NOV. 19,1947

preferred

51/

of

railwav

from

Net

business.

00,500

will be available for exploration and development.

Common

Ironton RR.—Earnings—
1947
1.946
1945
$1,124,831
$1,000,777
$543,046
466,454
411,425
70,535
263,214
255,106
15,918

• '-tt
$353,291

--

be, devoted to current expenses and that substantially all such funds

46,855,538

1785.

P.

Net

preferred stock (or fractional scrip therefor)

5Vt

in

166

—V.

Recapitalization—

directors

qUiml USGS

■"'SSS.'SSf Imw

Net

25 000

$130,047

Cunningham

0f the foregoing fundS( it ifJ expected that only minor amounts will

,nBlcoM

47,745,803

railway.:

$38,992
41,323

_

24,731

! 'S

'

_

Tunnei::::"

r,u-u,oo6

i,26b,uji

income

From Jan. 1—

from

$5,560,U8

J'lM?

railway

from

railway oper.

Po

_

$6,870,075

_

Total ___
______
Fu"ds how available and to be available from prevent linancing for exploration, development and any other re-

& bait Lake Hit.>
.

Net

Gross

322.S00
$483 337

Coi' 01 rlBlus l° <*'«•"

RR—Earnings—

railway

from

Net

March. 22,

$1;

ol

semi-annual of

a

The

1947

extra

an

at

-

claims

(including Denver

—V

offered

Expenses connected of 5/6present offering of 1,075,000 shares
Cost ot acquisition with
interest in Mountaineer Group of

19J2.

p.

October—

Gross

being

now

Expenses—Preliminary exploration and development work in
tne period April 1946-Sepi. 1947 (net)

first mortgage & collateral
received by the company at its
Del., before Noon (EST) on

Wilmington,

Street ,
a
.

Denver & Rio

Gross

shares

3Uc »or sh",e

$10 000,000

^977

due

series

Market
Marxec

600
600

of

Durchase

the

for

bonds

Dec.

1,075,000

Total

rtinc

trust

rffice
office,

Gross

declared an extra dividend of $1 per
share and a semi-aenual dividend of 50 cents per share on the out¬
standing common stock, both payable Jan. 2 to holders of record

50

24 731

per

Co—Bids for Purchase of

& Light

Power

Delaware

October—

Extra of $1—

Davega Stores Corp.—Declares
3,

^arescionatedapproximately $0.4 46
to the company by Newmonl Mining Corp.
at average of
share

,.

Proceeds of saie in tne period Feb. to Aug., 1947, of 5O,00J

Bonds

Detroit Toledo &

Dec.

$136,106

4,7661120

18,42oO<4

for working

capital.

On

65,922,008

Proceeds of sale of

for

Coburn

12t9i2.321

1785.

p.

Net

Co.—Files with SEC

(Conn.) Manufacturing

Danielson
The

plants was

Grove City

and

Vernon

Mount

the

at a higher level

to be

reported
current

57,023,573

6i71o!435

income""
income—

oner
opei.

rv
ly.

mining claims.

Proceeds of sale in March 1946 of 1,164,217 injury shares
of 1Ncwm9nt Mining Corp. at 12c per share (restricted
lo use on Uie claims owned by the company 1
1

1948.

19,

both

at

Production

Net

—V.

the

on

record

879,228

quarterly dividends of 25 cents

two

payable Dec. 31 to holders ot
March 31, 1948 to luldeis of
similar distribution was made on Sept. 2S,
last, which was the lirst payment since Dec. 28, 1945.
Two regular quarterly dividends of 75 cents each on
the $3 prior
preference stock were also declared, one payable Jan. 2, 1948 to holders
of record Dec. 19, 1947, and the other on March 31, 1948 to holders
share

per

256,112

_

r,Smf'Qm lailwav
i 10m jauway

De¬

836,550

incomel-

,

Gioss

Cooper-Bessemer Corp.—Two Common Dividends
clared—Has Unfilled Orders of $19,000,000—

$6,761,439
2,016,726

railwav

oner

purpose of issue—Apart from,.ownership of its

lb*j
$5,3(6,972
70t,53J

*

5

L1'.1
practically no assets at tne time ox tne purchase
91 shares of the company by Newmont Mining Corp. The funds now
eld and to be availab.e to the company are approximate./ as follows:

1944

1946
$6,650,j77
1,446,382

1.847
$7 382,435

l-ailwav

from

(2309)

Western RR.—Earnings—

Lackawanna &

Delaware
Of tliber

r.S^

chronicle

& financial

commercial

the

Number 4653

168

Volume

1922.

Equitable Office Building

bracing

.

Corn.—Stock Offered—

,on™ni,0tinn

ihP

rtf

pm-nnrntinn

under

the

A fin.al steP 111 the
.?
wnrtheim
and
confirmed
reorganization plan sponsored by Weit
fnkPn'nec 4 when T
96.71 acres.
The property is located in the Blue Ledge Mining District,
by the Federal court on Oct *4, 1947, was taken JJec. 4 when J.
Wasatch County, Utah, about 45 mUes sovhearterlv of Salt Lr ke Citv.
Donald Duncan, trustee, - ma-iled 1to stockholder s subsc:ription wanants
The
property lies easterly of and contiguous to several successful
entitling them to purchase, at $3 a shaie 1/5 s
' ,
.
mines which have produced substantia, quantities of commercial oresstock for each share of present stock held. S c
_
.
f
containing lead, nine, silver, gold and copper.
entitled under the plan to recewe without cost % of a shaie-of
On
March 23,
1945, Newmont Mining Corp.
invested $136,106 in
new stock for each present share. Wanants will exp.re at the clos^ of
the company by purchasing 1,134,217 shares of treasury stock of the
business on Dec. 24, 1947.
win
hOVp h«pn
company at 12 cents per share, of which it now holds 492,217 shares, .
.
Consummation of the reorganization, it is expected, will have been
or
approximately 22.891/
of
the 2,150,000 shares of the company
effected by Dec. 29, 1947.
. ,
.,
.
.
hv
presently outstanding.
Olin Industries, Inc. participated in the purThe offering of shares to stockholders has been1 und w
» y
chase of the 1,134,217 shires b" Newmrnt Mining Corp. and Is presa group headed by Werthenn & Co
?"dne^ataiin^ «9 950 nnn wi'l
ently
the
owner
of
166,850
shares
(7.76%).;
another partripant .$3,103,554 which, together-with1 bank loans totaling $2,250,0M, wi 1
presently
owns
73,000 shares, (3.63% )
of-the'-company.
Newmont
be applied to payment in full of tne corporation si S4f7j.4.0J0 prm^aj
H

„

Delaware & Hudson RR.
October—
Gross

Net

1947

from

from

Corp.—Earnings-

railway
railway

1946

-

1945

,1944

.

$4,995,837

$4,529,403
1,083,322

$3,637,233
"2,514,082

$4,379,238

1,366.468

690,362

821,657

"1,472,603

794,736

43,920,267

36,665,585

10,399,627

5,667,634

39,105,578
4,819,355

42,600,466
11.106,516

5,007,402

3,444,296

2,271,330

7,391,062

N^t fy. oppr. income-__

1,107,513

From Jan. 1—
Gross

from

Net

from

Net

ry.

railway

railway.^

opor.

income-^-

"Deficit.—V.

166,

p.

1785.




participants are the three largest stockholders of the company and have each stated to the company that
each intends,to exorcise all subscription warrants received, covering
Mining

Corp.

and

these

two

rights to purchase an aggregate of 358,533 shares. In addition Newmont
Miring Corp. and Olin Indmt-'ss, Inc. have'each agreed to purchase
from the underwriter one-third of the shares not subscribed for
by
other

stockholders.

amount of 35-year 5% pinking fund(debenture . with n ere t acc ue<
from Nov. 1, 1941.
•
'
f:,h
' aireffdv
The corporations old first mottgaae 01 sio.ou<,440 . a_
_
a. y
been refunded under the plan by a new first mortgage 01 514,/50,upo,
arranged on more favorable terms with The .John Hancock Mutual
Life Insurance Co.
Treasury fund, we e used t°. induce t-.e amount
of the old first mortgage.
V. Ip6, P- 1889.
, .
„

'

G

(2310)
Erie

THE

RR.—Earnings—

October—

Cross
Wet

from

Wet

ry.

railway
railway

1945

1946

$12,855,985 $10,513,970 $13,573,029
3,731.353
2,994,075
"5,103,245
3,995,580
1,510,613

2,129,461

942,475

1,470,104

From Jan. 1—

Cross

from

Wet

from

Wet

ry.

105,383,215

119,711.652

133,108,575

215,682,048

13,982,449

20,995,323

42,040,893

8,984,388

3,569,922

12,810,348

6Deficit.—V.

and

166,

directors

25
declared
a
regular quarterly
dividend
12Vj
cents per share on
the
common
stock, payable Dec.
15 to
holders of record Dec. 5, and an extra dividend of 10 cents
per share,
payable Jan. 15, 1948 to common stockholders of record Jan. 2, 1948.

Walton

B.

poration's
made

by

Engine & Airplane Corp.—Sales Manager—

St.

John

been

■vacancy

caused
166,

by

appointed

the

Sales

Manager

resignation

of

J.

stockholders

increase

shares,

Dec.

on

authorized

the

and to pay

•450,189

the

of

cor¬

Harvey

Gray

shares

of

will

capital

100'//

a

22

amendment.

The

the SEC

preferred

convertible

The

the

of

names

the

$10.

at

common

under¬

shares

preferred

on

from

dividend

stock.—V.

the

will

be

be

Fishman Co., Inc.—November Sales
1947—Month—1946

$6,961,289

1992.

p.

Net

from

Net

ry.

$1,991,861

183,155

430,572

450,195

from

Net

from

Net

ry.

210,707

286,278

296,798

Dec.

cents

the

shares

to

2,000,000

presently outstanding

been

So.

Oct.

1—V.

\

>

.

The

from

26,663,210

4,572,924

8,807,170

11,029,364

2,107,751

4,091,030

5,182,833

Corp., Chicago—Calls 4%

for

15-year

N.

the

at

Jan.

on

1948

1,

at

Chicago

21

the

amended

was

company

assets

program.—V.

Ferro

so

166,

additional

the

1945.

11,

and

interest.

that

noted
to

Net

from

which

the

Net

ry.

consolidated

of

net

it

complete

might

its

Of

the

tional

find

it

construction

Corp.—Loan
1 placed

of

Gross

Net

ry.

Placed

$4,000,000

loan,

due

proceeds
held

$3,000,090

by

the

used

were

insurance

capital.—V.

164,

Firemen's Insurance

to

repay

and

company

like

a

amount

$1,000,000

for

of

Co.

of

Newark,
of

stock

common

70,000

shares

stock at $100

each

(par
share.

per

$50)

$4

31

shares held of

cumulative

Agent—National State Bank of
Union Trust Co., Newark, N. J.

Act

Insurance

the

Co.,

State

and

of

its

Newark,

offering

J.

Registrar,

Jersey

charter

was

in

1855

under

incorporated

into

Insur¬

an

Newark

as

Firemen's

special

a

act

Legislature ef th? State of New Jersey on Feb. 27.
1857, which
designated
the
company
as
the
Newark
Firemen's
Insurance
Co.
name was change:! in 1874 to
Firemen's Insurance Co. of Newark,
ISi. J.
Company and its insurance subsidiaries are
together known an
The "Loyalty
Group."
The Loyalty Group consists of six fire insur¬
ance

companies

tne

and

two

casualty

following table:
Group—Firemen's

Fire

insurance
Co.

companies,

of

Newark.

Casualty

Group—The

company

stock

the

Metropolitan

the

ot

of

New

Loyalty

writings

for

and

Ahe

United

basis
the

indicated

as

N.

J.;

Casualty

Insurance

Girard

of

the

v6,Q00

the

as

with

which

and

surplus)

the

Group

casualty
lias

Co.,

of

than

the

l.'lOth

Insurance

the

New

of

1';

Co.

of

capital
all

owns

subsidiary
of

of

insurance
the

shares

basis

of

1946

year

ranked

companies

the

end

of

assets

and

total

Pittsburgh

annual

ninth

operating

1946,

the

of

$4

stock

the

on

a

basis

basis

group

alone,

fire
of

companies

capital

in
the

on

on

company issued and sold privately
preferred stock.
The purpose of the

cumulative

(preferred

the

to

to reduce

and

is

commoni

to

provide' the

company,

volume

continue

of

to

premiums

maintain

written,

its

thus

and

position

in

to

the

will

EFFECT

TO

PRESENT

stock

(par

$50)

"Under

the

charter

stock

is

investors

states

the

sale

all

As

Net

Dec.

15,

1947.—V.

&

Co.,

Trust

124,

trustee,

Fourth

net

—V.

by

166,

will

declare

to

holders

Jan.

the

Divi¬

rubber,

an

share

per

1948

2,

to

to

(all

ID.

A

preferred

holders

of

Chairman,

of

and

sale

stockholders

common

preferred

that

net

gains), for

capital

dividends,

net income

securities,

the

estimated,

cents

di'tribute

to

interest and
Federal

no

and

dividends

inco're

profit

net

effective

25

accepted

Harry

Bell,

it was

Chairman

1,

resignation

the

Bullis,

A.

tnx

2,500,000 shs.
the

company,

in

amended,

as

the

$100

UNDERWRITER—Blyth

per

&

in

sold

truck

more

166,

is

continue

will

All

the

F.

Boll

succeed
the

greatly

record-breaking 29.461

a

sales than

York.—V.

166,

Production

and

sales

"advance-design"
last

June.'

June,

have

of

previous

when

sales

Reflecting
Mr.

line

The

1941,

represent

28,367

in

the

been

actively

with

first

demand

month

units

by

for

trucks

books

are

approximately 19')

trucks.

for

During

of Chevrolet's total

from

Net

ry.

Gross

cumu¬

month

be

sold

at

on

Nov.

26

filed

long-term notes

a

letter

of

notification

and $150,000

face amount

without underwriting.
reduce indebtedness and to
carry on business.

S'i

with

short-term

Proceeds

will

the

SEC

used

to

the

public

sales

These

was

figures

prewar

for

$99,900

Sf(

filed

28

convertible

par without underwriting.

capital.—V. 166, p. 2203.

and

a

letter

of

•subordinated

notes

to

with

be

the SEC

offered

of the unfilled

last

years

were

The

1947

electric

outut

amounted

15.1'/)

or

Public Utilities Corp.—Weekly
to

the

over

of

this

corporation

146,040,970

kwh.,

for

the

be

with

even

lower

recalled

than
that

said,

166,

the

they

crude

that

lower

rubber

wv-j 'U

the

on

company's

before

were

at

advanced

were

tires,

said.

increase

of

"anticipation

he

he

tires,

recently

time

and

it

big

a

of

costs

reduced

factor

in

materials,"

other

have

costs

2103.

p.

Western

RR.—Earnings1946

1945

1944

$4,087,000

S3.687.000

$3,172,000

$3,158,000

645,441

621,341

726.377

891,680

.

income

241,765

282,471

628,978

631,061

37.455.000

28,473.000

30,916.000

29,614,000

6,934,522

371,615

6,368.974

6,694,989

2.833,205

"2,262.764

4,124,306

4,332,645

.

_

.

income

166,

1787.

p.

payable

ing

the

Dec.

made

was

City

3,

to 5

26

Steel

cents

declared

stockholders

to

June

on

Co.—Declares

directors

share—was made

per

50

15.

A

only

1946,

In

one

payment—amount¬

Dec.

en

Dividend—

of

Dec.

record

of

this year.

27.

50-Cent

dividend

a

26.—V

cents

166,

p.

share,

per

similar

payment

1890.

Earnings—
1947

from

from

Net

ry.

1945

1944

$19,245,895

8.766,772

7,542,313

1,754.531

8.681,789

4,586,269

5.343,221

4.032.544

3,803,494

159,572,445

138.950,553

173.751,407

175,260.208

42,507,330

30.841,964

49,314.082

G-,648.315

20,081,257

18,084,177

29,112.652

20,843,176

income

oper.

1946

$21,837,503

railway

railway

$18,317,167 $20,246,519

From Jan. 1—
Gross

from

Net

from
ry.

—V.

railway

railway.

income

oper.

106,

1890.

p.

Green Bay & Western
October—
Gross
Net
Net

of

last

ended

ry.

Gross

oper.

from

Net

from

Net

ry.

The

i66,

p.

28,

kwh.,

Raliway

operating

Tax

Advalorem
Fed.

1947—10 Mos.—1946

$2,105,536

exps.

203,349

193,424

1,953,867

518,061

430,4152

479,324

578,942

92,993

98,173

75,632

147,559

Mountain
took

Power
action

no

Corp.—Defers Preferred
the

on

made

quarterly
the

on

161,

p.

to

$6

and

dividend

cumulative

share

$6,425

$151,669

company

7,333
$14

Jt.

miscel.

The

including Sept, 2,

preferred

stock

Net

share

(Conn.)
Nov.

5,374

62,280

53,740

of

holders

and

6,981

4.095

66,580

37,423

to

$7.50

per

(no

par)

filed

158,

p.

letter

of

notification

stock,

to

be

a

common

underwr

ting.

offered

Proceeds

will

with

the

SEC

stockholders

to

be

used

to

pay

1337.

be

for

3,632

3,510

34,064

32,078

"$31,574

*$6,553

*$11,255

*$36,671

10,665

10,093

108,520

108,146

Dr)

2,036

1,961

20,548

19,926

income..

"$44,275

*$18,607

*$40,324

*$91,401

income.-

2,171

1,684

25,809

14,344

-

Dallas, Tex.—Files with SEC—

used

on

unsubscribed

common

capital and surplus.—V.

$30

lo

the

155,

p.

1013.

public.

Proceeds

will

Unem¬

Insurance

oper.

income

rents

(net

rents

Dr)_.

(net

cper.

Nor.-cperaiing

Gulf Mobile

&

Ohio RR.—Earnings—

October—
Gross

Net

"$42,104

from

Surp. applic.

from

*$16,923

*$114,515

*$77,057

income

311

191

2,452

2,153

int.__

*$42,415

*$17,114

*$116,967

*$79,210

to

Period—

Week End. Nov. 2.1

—Jan. 1 to Nov. 21—

1947

Operating

revenues

—V.

p.

2209.

1946

1947

1946

$46,200

$44,050

$2,249,587

$2,139,337

RR.)
1947

from

railway

railway

cper.

1946

1945

•

$6,873,977

$5,716,789

1,167,601

7,96,065

663,609

388,680

115,701

60,501,330

52.992,611

63.028,390

15,200,569

6.544,7.97

5,799,971

income

$5,561,326

1,842,673

—

railway

"628,701

13,624,868
6,275,499

From Jan. 1—
Gross

from

railway

Net

income

166,

on

par

1947.

amount

now

no

accumulations

Gas Co.—Files with SEC—

25

without

loans.—V.

company

6,228

-

1938-_

ry.

stock,

of

Nov. 25 fi'ed a letter of notification with the SEC
110,000 certificates of rights to be exchanged for common in ratio
11 rights for one share of common.
Price, $27.50 to present stock¬

for

Taxing

of

facil.

preferred

account

on

Div.

payable

2786.

on

shares

a

construction

$159,912

Railroad

Equip,

ordinarily

1,844,525

"$14,732

Accruals:

ployment

2,393,462

$2,004,437

1937---

Fed.

2,276,809

Dec.

Arrearages

at

ry. oper.

&

2,245,151

1, 1947 on the $6
Distributions of $1.50 per

been

The

$199;849

Railroad

Act

20,392

2,574,516

Gulf Insurance Co.,
Railway

11,196

1890.

p.

share.—V.

for

$188,617

revenue-.

from

rev.

42,254

2209.

RR.-y-Earnings—
1947—Month—1946

65,850

10,727

income

directors

about

had

(Including Statfesboro Northern Ry.i
oper.

$253,985

51,764

railway,

oper.

166,

Greenwich

Period End. Oct. 31-

1944

$239,120

77,458

income

railway

Green

the

Nov.

19,165,293

year.—V.

1945

$263,589

54.127

From January 1—

166,

Output—

of

1943

$275,110

railway
railway

from

RR.—Earnings—

1947

from

orders

before

trucks.—V.

week

increase

an

corresponding week

Georgia & Florida

at

Proceeds .will be used for additional working-




that

out

prices

passenger-car

truck

crude

advance

an

Vice-President,

company's
on

including

necessitate

rates,

1947

cper.

Dec.

from

Net

railway

railway
oper.

income

"Deficit

Acquisitions Approved—
The

notification

Rise—

material,

conditions,

"Deficit.

Nov.

the

1

5'/)

railway.

Granite
On

value.

General

Gross

Fidelity Electric Co., Inc., Lancaster, Pa.—Files with
on

this,

"Deficit.—V.

—V.

to

SEC—
company

frejtui

on

He

railway
railway-

from
ry.

or

Deductions

The

and

(Including Alton

notes,

be

labor

5'/2^

the

Trunk

oper.

Net

Net

company

in

above

still

2.

railway

Net

new

consumers.

over

sales

H.

T.

the

2209.

p.

insti¬

with SEC—

$150,000 67/

will

was

from

Net

1947,

by

truck

for

to

the

to

sold.

were

dealers

19

since

announced

was

record-breaking
commercial

October,

Nov.

on

steadily

Keating pointed out that approximately 31'/

Ry

The

Dec.

pointed

of

from

on

become

single previous

any

climbing

States

during

announced

was

trucks

United

increased

an

Chevrolet

war,

1947,

Fidelity Corp. of Michigan, Grand
Rapids, Mich.—Files

for

586,241

Co.—Tire Prices

and

1992.

p.

2,011,673

660,599

October—

him,

committee

appointments

trucks

reported in

have been

35-year history, it
Keating, General Sales Manager.

Act

New

2,172,392

171.883

ni ;ner

increased.—V.

Gross

office

1682.

p.

Chevrolet's

share.

Inc.,

761.627

increases
with

June

instead

General Motors Corp.—Chevrolet Truck Sales Climb—
Chevrolet

cumulative

series.

Co.,

5,506,059

258,754

slightly

reduction

Net

to

newly-authonzed

progress.

1948.—V.

Railway

2,000,000 shs.
the

last

prices

Gross

James

to

named

was

announced,

of

of

President,

Vice-President,

technological

Jan.

5,623,223

distributed.

Inc.—Changes in Personnel—

elected

as

and

65,451

4,591.620

1,080,205

tires,

prices

average

under

share.

per

intenticn

from

as

income

net

on

is

69

or

Company, it is the

of

Executive

Mr.

company

finance

71,313

From Jan. 1—

long-term

about $1,129,000

at

Nov.

on

and

President.

the

13,457

Great Northern Ry.

F err in.

N.

Net

of

15,425

October—

as

$519,840
185,670

record

is

company

General Mills,
directors

1944

210,774

_

Eifective

of

Newman

Net

Ihe

en

1945

$549,756

70,204

5,040,142

cost

service

Mr.

the

on

Dec.

1946.

24,

1946

$465,671

.95,942

selling price of tires, James J. Newman,

average

farm

1478.

p.

2.510,918

1890.

Goodrich

combined

the

security profits or losses during the rest of
from; dividends and interest for the year 1947,

taxes

from

2,881,429

1,727,696

income

F.)

Grand

dividend

record

of

Dec.

on

$1.12V2

of

letter

a

Investment

the

2,073,362

41,515

on

income

profit

8,631,927

354,793

1787.

p.

the

1674.

p.

„

substantially all of this year's
and

229,622

$494,665

income

Substantial

share,

per

Jan. 1, next, $47,100 of
interest.
Payment will be

Pa.—V.

24

securities

1947

Regulations,

regulated

104,834

8,062,354

1947

oper.

166,

(B.

$0.35

cents

approximately $1,311,000 or 80 cents per
shares outstanding; the final amount for the year

expenses,

Tax

a

Dec.

pavable

in

of

Dec.'2,

necessaiily depend

70 000 shs

issuable

at

declared,

1,638,898

on

after

on

Outstanding

Subsequent to Aug. 31,
an
initial series
consisting, of 70,000 shares, designated as $4
lative preferred stock,
was
sold
privately by the company to
tutional

10

"

ended

41,455

6,436.611

826,856

railway
railway

from

100,000 shs.

_

$4 cumulative prof, stock
Common s'tock
(par $5)

preferred

been

December.

and

FINANCING

Authorized

preferred

Bank

share was made

per

269,256

529,442

railway

oper.

ry.

on

and

par

directors

payable

$1.48

company

Income

net

CAPITALIZATION, GIVING
"Cum.

at

quarterly dividend

from

share

the

be

1944

$865,505

143,691

46,791

from

—V.

Dec. 15—Earnings Estimated—

next,

1945

$737,080

$26,706

$1.13

of

record

of

redemption

bonds

1947.

18,

pericd

enable

fire

industry.
The volume of premiums of the
Group
rapidly in recent years and such rapid increase tends

the ratio of capital funds to
premiums written.
proceeds to be received by the
company from the sale of
the common stock will be a
minimum of $1,047,342.80 and a maximum
of $1,077,458.30, and the
net proceeds from the sale of the
$4 cumu¬
lative
preferred
stock
were
$6,917,000
(alter
deducting
estimated
•expenses of $83,000).
Such proceeds have been or will
be added to
the cash funds of the
company or.
through contributions to capital
surplus,
the cash funds of one or more of its
insurance sub¬
sidiaries.
Such cash funds are
proposed to be invested in securities
which are qualified as
legal investments for such insurance
companies.

The

shares

dividend

a

Street, Pittsburgh,

on

1946

"10,904

From Jan. 1—

Net

1946

1947
$34,566

stockholders

to

41/2'/<

to

of

usual

The

funds.

insurance

increased

ry.

has called for

15,

has

Dec.

stock

Loyalty Group, with additional capital and surplus
improve the relationship of the capital funds
(capital

to

The

s

and

the

the

to

Net

2.434.195

Peoples First National

stock

distribution

premium

among

company

among

22nd

on

net

On Nov. 6, 1347, the

of

5,647.445

1,950,135

declared

1948

Wood

Dec.

Leslie

shares of
which in turn

stock

figures, ranked 13th

financing
head

the

on

At

admitted

shares

present

4,123,322

731,021

Insurance Co.

insurance

published

^PURFOSE

capital

calendar

States.

of

Investment

of

of

Co.

outstanding

except less
Franklin Fire

Group,

casualty

basis

the

above,

National-Ben
Commercial Casualty

aire

of

Jersey

shares

listed

the

The

all

owns

outstanding

companies

On

The

York; Commercial Casualty Insurance Co.

have

Meeting

incurred

Insurance

jr<L."Y Marine Insurance Co.: National-Ben Franklin Insurance Co.
•ox
Pittsburgh, Pa.; The Concordia Fire Insurance Co. of
Milwaukee;
Milwaukee Mechanics' Insurance
Co.; Royal Plate Glass & General
Insurance Co. of Canada.
The

1,620,981

1,745,906

Gross

2,

the

common

2209.

1>.

6,506,335

railway
railway

from

General American Investors Co., Inc.—Common
dend

The

an

Net

in

and

166,

$622,991

railway

but

preferred

N.

incorporated

was

New

tne

or

14,112,370

3,574,756

mortgage
at

profit

GROUP—Company

of

made

9.—V.

Dec.

83,788

from

13.813,925

income

company

second

to

are

Georgia Southern & Florida Ry.—Earnings—

9,991,749

1787.

Jan.

Avenue

proposals

$683,352

October—

12,095,128

759.

The

stock

Transfer

LOYALTY

182,951

Gross

directors

p.

purchase

the

for

the service company.,
(N. Y.), 20 Pine Street, New York 5,
of

Earnings—

cper.

announced.

(par

Privately—On Nov. 26 the
privately through Blyth & Co.,

•company issued and sold

|

467,877

194,596

Fullerton-Portsmouth Bridge Co.—Partial Redemption

the

Dec. 3, 1947,

expire at 3 p.m. (EST) on Dec. 16, 1947. The
has been underwritten
by Blyth & Co., Inc.
Preferred Stock Placed

ance

426,663

171,051

N. J.—Common

through the exercise of subscrip¬
tion warrants, at $10
per share.
Subscription warrants

Fidelity

278,435

119,695

Sept. 30—
profit after Federal taxes
Earns, per share on 75,000 outstanding

payable

right to purchase 120.462 shares
$5) at the rate of two shares for

Inc.,

281.777

Months Ended

The

of
per

$1,527,474

railway
p.

from

Net

addi¬

2286.

p.

Offered—Company is offering to stockholders

on

$1,417,708

Fry Products, Inc.—Earnings—10-Cent Dividend-r
Nine

quarterly dividend
dividend of 25 cents

office

the

corp.

income

oper.

l'j.

1944

1945

Privately—The
3%%

at

New York Time on

a.m.

income
"Deficit.—V. 166. p.

$1,118,504

.-

railway

oper.

166,

166,

record

1946

Net

working

Stock

railway

from

regular

a

year-end

1947

from

Net

$1,284,437

railway

from

ry.

and

1

From Jan. 1—

Denver City Ry.—Earnings—

&

oper. 'income

Net

privately with the Prudential

America

& Southern

railway
railway

from

trustee,

From Jan. 1—

Net

Oct. 1, 1962.
obligations

Bank

extra

company,

from

Net

111.

1947

from

of

indebtedness

507/

to

money

National

—V.

company on Oct.

Co.

First

2102.

p.

Enamel

Insurance

increase

to

as

the

.

borrow

to

ii-ecessary

with

agreement

incur for borrowed money
from 45 r'<
The company

may

tangible

loan

mortgage

June

1787.

p.

the

to

Y., before 11

Gross

Sept.

100

City National Bank & Trust Co.,

Street, Chicago,

October—
Gross

Oct.

declared

an

October—

Debentures

dated

debentures

4%

redemption

be made

LaSaile

Fort Worth

Amended—
On

and

166,

Commonwealth

presented

Gross

Agreement

first

3')

$300,000

1787.

p.

company is inviting sealed, written proposals
it of $h\000,000 lirst mortgage bends.
Such

•24,997,887

1681.

Department Stores, Inc.- -Bank

166,

Georgia Power Co.—Public Invitation for Proposals—•

Net

Federated

of

maturing

common

198,880

outstanding

called

Payment will
208

year.

a

balance

1787.

p.

the

of

have

the

$3,000,000

directors

share

the

2,861,610

Forman Realty
All

to

proposal

a

be

in

$6OU,0C0

payment,

inclusive.—V.

1953,

the

2,

per

on

21,570,477

income__.

oper.

25

be

railway

166,

to

22,246,747

railway

exceed

will

Georgia Hardwood Lumber Co.—Extra Dividend—

457,165

From Jan. 1—

Gross

profits

$2,002,166

*

income

oper.

lt)49

1,

On

tn

1944

1945

1946

$2,063,479

$1,881,716

railway

l

stock, both payable Jan. 2, 1948 to holders of
record
Dec.
15,
1947.
An initial distribution of 25 cents per share
was
made on
July 1, 19.7, which was followed by a similar payment

"419,948

railway___.

Dec.

foregoing

outstanding

share

1947

from

the

Alter

Lower—

$o,923,171

ii

prepayment

1947—11 Mo.?.—1946

"

$816,lb7

Florida East Coast Ry.—Earnings—

Capitalization—

675,000

p.

paid $1,300,000 on Its first mortgage
3'//
due serially to 1953, comprising $300,000 due Dec. 1, 1.947
and
prepayment of $500,000 due in 1948 and $400,000 due Dec. 1,
1 53.
The $400,000
completes payment of that amount subject to

for

used

Debt.—

Corp.—Reduces

Castings

on

Georgia RR.

approving

on

166,"

will

Proceeds

Steel

corporation

bonds

H.)

166,

—V.

vote

stock

stock

capital

in

earlier

-

.

Falstaff Brewing Corp-.—To Increase
100% Stock Dividend Proposed—
The

statement with

cumulative
stock.

*

£209.

p.

by

5%

$747,327

—V.

division,

according to an
announcement
Ward, Jr., President.
Mr. St. John was formerly
Manager for
the
Piper Aircraft Corp.
He
fills
the

Sales

year.—V.

has

Planes

Carlton

General

and

October—

Personal

J.

common

Period End. Nov. 30—

Gross

Fail-child

General
bonds

Dec.

1786

p.

filed

$25

at

<M.

of

166,

be

par)

par)

Sale?

Nov.

on

will

registration

a

($25

($1

investment.

1889.

p.

Nov. 26 filed

shares

36,000

100,000 shares

priced

Manufacturing Co., Chicago—Extra Distribution—

The

—V.

The company on

covering

16,708,637

income...

oper.

Ero

125,306,912

railway

Monday, December 8, 1947

The

writers

railway

CHRONICLE

SEC—

1944

$14,582,(565

income...

oper.

FINANCIAL

&

First Guardian Securities Corp., N. Y.—Registers with

1947

from

COMMERCIAL

control

ICC

on

of

the

Nov.

Jolict

24

&

approved

the

Chicago

RR.

acquisition
and

of

by

further

the

company of
control
of' the

Louisiana & Missouri River RR;, through Stock ownership.
■ - s
Authority also was granted to Gulf to issue not exceeding $2,736,000
first and refunding mortgage
bonds, series B, due 1975, in lieu

of

i k2

a

amount

&

of

bonds to bi excna.iged

B

u.id 7% guaranteed preferred stock of Louis.ana
RR,. on the bas.s of $150 of bonds for each share

Chicago RR.

M.ssouri

&

refunding mortgage 5% bonds, series C,
for capital stock of the

and

first

of

the series

19.. Si

due

Joliet

THE

Number 4653

Volume 166

River

stock.—V.

186,

1890.

p.

*

.company's Cdfnmon
Stock Exchange.
Prior

tion

Gulf

the

Oi

major

Mr.

Gray

nies

for

many

in the same area and the litigation of
in'the United States.
Both Mr. /our.g
the Law Department of t..e GuL compa¬

companies

importance

ana

elsewhere

have

in

been

years.—V.

165,

board

actiwii

no

Jan. 2,

year.

passed

Net

ry.

1945

$837,764

$1,009,282

412,178

282,954

228,071

451,913

income

203,825

127,554

98,327

152,527

9,797,937

7,823,195

9,330,868

9,716,778

3,219,170

1,864,922

3,575,076

4.409,321

1,495,049

757,232

1,119,241

1,197,734

oper.

1944

From Jan.'1—

Net

from

Net

166,

.

_

income

oper.

ry.

—V:

railway

1788.

p.

Uncollectible

'

oper.

__i-

No

to

reduced.—V.

166,

prices.

of

added

He

that al¬

is' doing a large volume of business, costs have
.profits, and, therefore, profit margins have been

than

more

trend

inflationary

in view of the
though the company

Athens,

Co.,

Manufacturing

See

$238,038

$2,274,340

at par and

238

2,268

2,031

$237,800

$2,272,072

$2,029,143

170,835

209,948

i;495,009

1,816,007

its

Oct.

1,

and

AND

'Net
Net

50

50

450

450

28,795

32,548

232,397

Net

ry.

272,283

_

taxes

operating

after

—V.

$29,064

income

charges-.

166,

$34,367

$223,218

$261,404

20,672

87,437

145,594

•

12,057

the

Principal and semiannual
Cit.zens & Southern National

Athens,

in

Ga.,

the

t.me

principally

only

product

the

of

"D"

the

became

of

the

type.

largest

was

company

business

The

oper.

revenues-

si,555,636 $17,367,852 $13,435,343
1,344,843
13,175,506
14,257,659

$1,961,278

expenses-

1,553,890

Net

fr.

rev.

Railway

&

Ohio

the

manufacture

on

together

baseball

of

and

baseball

of

the

with

these

are

and

producer

softball

manufacture

softball

and

Net

ry.

$407,380

$210,793

$3,110,193

107,854

88,750

1,069,849

RR.

bats

jt.

fac.

93,653

1,672,300

ry.

$28,390

$368,044

*$2,025,758

4,332

4,141

46,976

35,345

i.:__

begun

was

The

Net

s.nce

the

of

fixed

$32,531

$415,020

*$1,990,413

3,389

3,232

33,974

33,581

41.612

41,367

414,830

1946

1945

$333,101

$294,243

$411,927

123,687

102,008

242,975

$.'3,784

*$2,440,916

charges

com¬

income

ENDED JUNE

YEARS

DATA,

59,943

24,737

107,708

3,714,556

3.517,730

1,803,832

1,241,650

1,874,587

1,896,598

807,671

562.611

775,641

827,423

<

$38,782

-

''Deficit.—V.

166,

have

Custodian

corporation

received

of

one

distribution
realized

35

Stock
of

Fund

42

like

dividends

two

in

amount

of

1946.-—

share

a

June

14,

42

the

166,

from

Appreciation

regular semi-annual dis¬
Keystone Investment Bond

a

the

shares

shares

distribution

Keyston

all

Dec.

15,

39

cents,

and

the

received

$3.22

and

85

are

payable

1947,

1947.

30,

"K2"

the

on

semi-annual

regular

a

special

a

and

distributions
Nov.

These

cents.

respectively.—V.

a

record

last,

and

share,

a

"K2";
share on

These

of

Inc.—Distributions—

announced

Series

ccents

"Bl."

shareholders
On

cents

29

profits, also of 35 cents

Series

Fund
to

of

Funds,

Nov.

on

in

received

1946'

"Bl"

cents,

1891.

p.

Lake Superior &

Intcre

Of

& Income

l

ihe

Aviation

Net Profit

Income Taxes

Taxes

$'.3,618

$4,635

$9,012

from

18,433

7,839

10,566

358,804

14,044

5.170

8,873

share

to

sale

net

this

10 315

24,301

amounted

8,715

27,434

Aviation

466,944

27.334

9,580

17,784

1943.

393,155

27.532

3,583

23,943

1944

The

8,400

4,280

4,120

466,777

....

holders

50,213

23 377

27,836

1946-

700.685

104.533

58 775

853,891

44,705

18,719

or

(not

made

Aviation

of

part

Group

cents

losses,
A

on

0.16

the

cents

profits or losses
represented

After

less realized

giving

have

security profits
30

cents

per

privilege

of

in additional

at

1947)

1480.,'

a

rein¬

for

part

a

moderate

require

intended

increased

$50,000

company's

work ng

Commo.i

—V.

(this

stock

166,

issue

($100

of

materials

raw

and

will

is

and

for

a

will

increase

lc

go

October—
Gross

UPON

SALE

OF

from
ry.

DEBENTURES

Net

ry.

98,300

Gross

from

ry.

—V.

Net

from

Net

...

ry.

A.

1946

1945

$2,655,782

820,485

818.343

sharfe

80,049

17,437

274,847

289,848

Dec.

24.471,984

22,176,733

24,719,797

25,598.235

National

The

the

$5

City Bank of New York has been appointed
value common stock.—V. 166, p.'1150.

par

registrar

of

is

trustee

$2,496,000

3,766,229

2,967,999

7,127,229

7,745,219

918,804

273,542

2,846,562

Co.—New

years.—V.

166,

for

16

1,384,8.35

738,441

749,645

President,

holders

made

mature

to

in

purchase

of

share.

will

The

March

on

usual

of

It.

announced

was

and

dichlorbenzene,

para

mediates
tion's

and

for

plant

around

Dec.

011

Jan.

1,

pilot

chem.cais

mothproofing,

Memphis,

at

that

3

is

widely

Fu.l

production

used

under

now

Tenn.

plant

scale

industrial

as

inter¬

the

at

way

corpora¬

is

expected

product.011

Robert

of

after the

before

long

for

The

by

the

War

these

Assets

November,

Administration

1946.

It

uses

from

The

chlorine,

produce

with

the

against

the

rock

acldit

other

and

salt,

on

or

used

166,

followed

transformer

is

in

the

reduction

reduction

the

United

product'on
obtain

base

in

chlorine
material.

raw

nickel

refined

effective

becomes

the

in

the

of The International Nickel Co., Inc.,
reduction
of
IV4 cents per pound in
the

a

United

and

the

Jan.

States

of

Jan.

1,

99.9'/
will

be

3334

per

pound.

affected
—V.

166,

nickel

cer.ts

per

"The

(Charles E.)
Earnings

for

of

nickel

of

announced

50 '/<

Nov.

on

sales

Net

for

through

benzol

larger

against

Sept.

$1.50

30,

1947,

share

per

and

quotas

$9,548,295,

to

This

year.

1946,

the

return

to

increase

an

increase

made

was

it

Ry.

operating

Net

rev.

in

excess

possible

non-rationed

a

by

basis

stock
Jan.

In

addition,

considerable

a

number

of

new

franchised

bottlers

1.censed.

were

The

increase

1947

year

estimated

required
Tire

plant

amounted
that

for

volume

of

V.

p.

equipment

the

during the
depreciation,
and

after

net

coming

account

year

an

additional

fiscal
it

is

will

be

$522,848

is

$475,000

purpose.

in

inventory
new
bottles

to

largely; due

and

$880,084

to

during

this

increase

166,

the

in

business

and

for

the

and

the

year

cases

just

closed

for

the

of

of

new

plants.—

1255.

The

demand

field

newspaper

for

printing

is

newspaper

war

mately
Mr.
Hoe

the

the

General

in

the

to

for

and

color

planting

years

for magazine

of all press equip¬
printing, whereas prior

95

permit multi-color

added:

"The

company

presses

and

February,

92

facilities

were

in

represent

$10,902,965

$3,710,553

158,842

3 507,237

2,882,960

158,404

112,334

2,626,677

2,131,017

75,665

2,269,125

Company

has already shipped many of the
orders on its books for many

mill'ons

Mr. Dressel

of

just

dollars,

and

stated.—V.

166, p.




tlie

newspaper

thousands

1584.

was

fund

Co.—Securities

of

and
tons

announced

the

in

on

bonds,

National

financing of

(Fabbrica

amount

of

accrued

interest.—V.

Dec.

due

Bank

Street,-New York, N.
$117

Jardine

In addition

automobiles

and

166,

Y.,

on

149,

4

that

June
of

each

per

Automobili

Isotta

Gross

of 'equip¬

ager

Mr.

of.

the

Vandel

011

the

Feb.

30,600

2,

1948

1945

1944

$200,472

$219,131

83,337

31,624

51..309

28,066

17,065

17,186

2,522,653

2,2 L3,509

2,587,730

2,673,662

695.051

594,969

808,066

909,405

184,336

183,375

224.815

222,339

1947

1944

$571,969

$551,093

373,354

249,703

179,414

192,359

205.652

144,498

105,273

111,678

6.137.291

5.540,287

4.774.707

5.359,826

2.214,529

1.676,513

1,118,847

1,259,411

989,636

757,069

1,868.199
1,124,399

income
1—

from

ry.

1945

$646,498

railway

from

Net

1946

$824,125

railway

railway--....

railway

—V.

income

oper.

166,

1789.

p.

Gross

1,

holders

1942,

of

first

could

mortgage

present

such

7%

sink¬

bonds

to

City of New York, trustee, 11 Broad
and after Dec. 5, 1947, for payment in the

$1,000
p.

bond

in

respect

to

principal

and

Net

from

Net

stock

was

formerly

associated

company,

make

the
his

largest

with

offered Dec. 2 at

Porter

Brothers

Vice-President and

gold

headquarters

mine

in

1945

1944

ry.

operating
Jardine.

as

General

in

$6,658,300

$6,219,405

$5,800,712

7.647,887

1,204,630

1,166,169

1.138,077

2.108,576

476,111

railway

739,415

564,761

1.563,512

railway
income

oper.

From January 1—

Gross

from

Net

from

Net

ry.

166,

60.497,841

55.500,326

67,143,878

,701,831

10,654,535

9.799 464

14,373,996

.280,799

4,216,724

railway

railway

4.162,337

4.361,538

695,687

income

oper.

1891.

p.

Libbey-Owens-Ford
Completion
company's

Glass

Co.—Boosts

Thermopane

chief

Man-,

Montana.

of

equipment improvement program in tho
at Toledo, Ohio, has enabled the com¬

extensive
plant

an

Thermopane

the iirst time since the war to keep pace with demand for
the double-paned insulating glass, G. P. MacNichol, Jr., Vice-President
in charge of sales,
announced on Doc. 5.
for

pany

Devoted

4032.

common

1946

1947

from

Output—

the

engineer, has become

w.ll

share

payable
1789.

1891.

oper.

Net

of plastic bomber noses
plant was converted a year
the company's insulating
window
consisting of two or more panes of glass separated by a
dry-air space and permanently sealed around the edges by a metalto-glass bond.
The conversion program included the engineering of
production lines 300 feet long for processing the, insulating glass/ Mr.
ago

MacNichol

100%
and

during

assemblies

in

to

fighter

production

the manufacture

aircraft,

the

last

said

that

year

by

stepping up production of Thermopane
delivery schedules had been speeded

factory

contributed to the nation's commercial
which has totaled more than $3,600,000,000 thus

the company had materially
in

the

Thermopane,

of

revealed.

MacNichol

construction
far

the war

for

for quantity

Mr.

and

per

p.

1946

income

p.

from

ry.

Frasr

(Mont.) Mining Co.—Stock Offered—An issue
shares of

Vandel,

166,

8,745

railway
railway

from

—V.

operation.
consultant

cents

declared,

$280,363

October—
Gross

appliances.

share by Sulzbacher, Granger & Co., New York.
Proceeds will be used to improve the efficiency of mill

magazine

was

55,244

October—

a

Gailen

the
1947

Lehigh & New England RR.,—Earnings—

and

of 62,500

for

issue

Placed

cumulative preferred stock.

is engaged

gold

date,

to

the

on

four

Lehigh Valley RR. —Earnings—

Securities

Fraschini

Chase

$1.50

newspaper

in

ing

paid

dividends

common

payment

per

payable
the

1,761,553

approxi¬

has

color-conveftibie

.'"These outstanding shipments
ment,"

1947—10 Mos.—1946

$685,711

financing will be used for working capital.

new

96'j

also

1948.—V.

income

oper.

From Jan.

$500,000 subordinated debentures have been purchased
by Mutual Life Insurance Co. of New York. Proceeds of

It

printing units and
18 folders have been shipoed by Hoe to outstanding American news¬
papers.
Impressive shipments have likewise been made to magazine
publishers.
fields

America—Earnings—

123,485

shares of 4x/fe%

The

magazine

Interest in them continues unabated."

Since

stated.

Privately
—Company has sold privately to insurance companies
through Stern Brothers & Co., Kansas City, Mo., 5,000

and

the

proportion.

color-converible

more.

Stanley

Mr.

eliini), Italy—Payment Made to Bondholders—

Sales

"numerous"

were

demand

opposite

Dressel

United

unchanged,"

1788.

Interstate

according to Arthur Dressel,
Manager, who sa d that

satisfied,

and

received during the past several

presses

ordered will be built

the

equipment

press

from

far

Vide-President

inquiries and orders
ment

price of 35 cents
States are not

present

the

price for
refinery

1

Hoe & Co., Inc.—Demand Continues High—

Executive

the

outside

Ontario,

207,432

for fixed chgs.

168, p.

Isotta
(R.)

contract

$991,778

opers.

income

—V.

increased

company

necessary

start.ng

of

avail,

Net

ry.

cents

to

$271,092

railway

from

ry.

1947—Month—1946

revenues.

from

of

was

15,

railway

from

011

July 28, 1947.
Also curing the year new company plants were started
imBuibank, Calif.; New Orleans, La.; Milwaukee, Wis.; and Newark,
J.

Gross

Net

Period End. Oct. 3.1—
to
was

amounted

in

Inc.

amounted

year

preceding

sugar

ending

year

per.od

share

per

total

quarterly

60

added

When

1947.

1,

record

oper.

Net

is passed

28.

the

the

over

fiscal

this

ly.

Net

refined

on

Colborne,

Port

remain

and

Net

Net

States

United

the

instead

pound

duty

from

nickel

duty

1891.

p.

cents

the

of

outstanding,

stock

13.

1947

from

Net

trade agreement between

import

1993.

p.

Hires & Co.—Yearly Sales Up 50%—

the

share

per

with

simultaneously

1948,

1,

Gross

—V.
new

from

prices

the

by

the

1948,

electrolytic

35

bring
initial

dividend

extra

an

Fiom January 1—

States.

Canada.

International Rys. of Central

$2.35

United

signed reciprocal

recently

States

in

oils,

from

year

in

for

President

for

like

provided

Effective

last

to

process

cataiyst,

products.—V.

in

just

comes

be

to

attack.

Heyden

placed

was

which

a

expected

by

electrolytic

an

line

regular

is

insect

purchased

was

chemicals

other

and

compound

a

wood

of

Memphis

its

to

operation

trichloibenzene,

at

and

products

new

began

plant

protection

plant

price

W.

1592.

Lehigh & Hudson River Ry.—Earnings—

announced

The

1943.

addition

year

Stanley

company's

a

The

C.
21

Nov.

011

C.

165, p.

one-to-e.ight

International Nickel Co. of Canada, Ltd.—Prices Cut—

ortho

of

succeeding

President,

common

Dec.

quarterly dividend

preferred

holders

of

record

dividends

declaration
per

declared

3

shares

October—

Ileyden Chemical Corp.—Adds Two New Products—

etc.—

elected

been

Sons Co.—Extra Distribution—

Dec.

on

817,500

quarterly

$2

to

to

the

1994.

p.

1,358,976

has

Lees &

the
to

23

shares

certificates,

trust

535,808

278,654

been named Chairman of the board.—V.

2,875,396

inviting bids to be considered Dec.

equipment

1,670,650

..

Longnecker

on

regular

Equipment Financing—
The

26,903

2.750,285

income

directors

The

The

Hewitt-Robins, Inc.—Registrar Appointed—

135.894

2.677,430

1891.

(James)

1944

$2,494,325

.263,794

income

170,864

1,954,991

925,664

railway.

p.

Roi

Le
E.

$2,243,607

railway

202,650

Aviation

current

oper.

117,285

3,243.005

railway

oper.

166,

381,711

railway

$257,090

210,359

1—

from

Net

v

1—

from

1944

$363,760

188.164

income

oper.

From Jan.
Gross

$2,670,294

income

oper.

From Jan.

$200,000

1.

pan

railway

railway

1945

$145,579

301.882

RR.—Earnings—

1947

from

Net
Net

2103.

p.

International Great Northern

to

This

equ.pment.

remainder

the

issue

this

1946

$513,519

railway

railway

Pendock, who has

capital.

CAPITALIZATION

Debentures

of

machinery

$10,000;

to

proceeds

production

modern

of

amount

from

the

of

u.e

from

discount equal

25,983

PURPOSE—The

Net

Net

of

the

the 20 cents dividend

1947

from

Gross

effect

last.

31,

Shares

29

1947,

share

per

distribution

May

on

Nov.

31,

securities.

of

share.

per
was

made

Oct.

Ishpeming RR.—Earnings—

October—

including

19.84

sale

realizable security

any

record

(within 30 days after Nov. 26,
selling commission.—V. 166, p.

entire

45,757

1947

the

to

and

the

share

per

of

income

net

share
of

Group Shares

holders

from

$1.9718

Group

vesting all

461.839

1945.

to

cents

securities)

of

profits

payment,

34,6)7
33,149

Ltd.—Dividend—

20

to

represented

the

411.879

of

Shares

Group

realized

per

Shares,

distribution

1942

t

stock

B

1788.

p.

Institutional

and subsidiaries 1

Company

414,107

to

class

against

2105.

p.

shares

'

•312,068

dividends of 37'2 cents per share each
stocks, both payable Jan. 2, 1948 to holders

B

15, 1947.
The
each in 1947, as

cents

166,

declared

class

Dec.

Keystone

30

1841....

and

1944

3,103,945

income

class A and

record

416,922

...

pro¬

steadily

products

Total

1940-

N.

Ry.—Earnings—

1789.

directors

the

of

tribution

$83,783

deductions

348.458

the

3053.

p.

$259,837

$79,451

income-

oper.

Total income

$310,599

.

1939-.

of

1<>5,

55,276

railway

p.

Preferred

Net Sales

1937-..
1938

to

above.—V.

4,072,048

railway

oper.

166,

on

1,433,097

Tts.

income

Misc.

handles.

of

increased

pr.nc.pal

the

now

has

bats

Interest &

the

and

139,927

income-.-

852,498

220,083

opers.

accruals

tax

and

ry.

Other

Net Profit After

and

Corp.,

Inc.

„

•

a

Bros.,

$410,310

railway
railway1-

from

Net

This

was

OPERATING

lor

Johns-Manville

of

Cleef

1947

from

The

tvpe

beginning,

the

Mobile

oper.

Net

1947—10 Mos.—1946

grew

and

company

pany.

use

board

Van

Kelsey-Hayes Wheel Co.—37 V2 Cent Dividend—

1947—Month—1946

oper.

Railway
Railway

began operations in 1917, at
the founder, Clay Hanna. being

this

carried

duction

at

of

1926

and

1962.

1,

payable

A
partnership was formed a few years later,
by the present corporation, chartered in 1924.

handle.

the

From Jan. 1—

—V.

1480.

p.

Period End. Oct. 31—

Equipt.

that

handles,
and this

succeeded

of

from

from

BUSINESS—Company

At

owner.

In

Oct.

Gctooeri

location

present

of

of

being made in the manufacturing, merchandising or
system of Van Cleef Bros.. Inc., which will be operated
owned subsidiary of Johns-Manville Corp.—V. 166, p. 468.

October—

37 '/a

Ga.

steadily

oversubscribed.

was

is

Gulf,

Gross

V.

due

194.7;

(April

wooden

The issue

Kansas Oklahoma & Gulf

Net

interest.

Athens,

HISTORY

sole

common

$2,031,177

263

Gross

Ga.—Debentures

Offered—Johnson, Lane, Space & Co., Inc., Atlanta, Ga.,
Nov. 17 offered $200,000 5% sinking fund debentures
Dated

37*

158.

p.

on

Bank,

been

the

Secondary Offering—Morgan
a secondary offering of
stock at $41 per share net. Deal¬

President

Cleef,

wholly

a

Indiana Harbor Belt RR—-EarningsHanna

interest

respect to

—

Chairman

Brown,

change

distribution

1947—9 Mos.—1946

1947—Month—1946

$267,855

.

with

has

Yorx

New

01

Joliet & Chicago RR.—New Control—

$^oc',123

—-

rev._

_

Van

as

Operating rexpenses_a—
Rent for lease of oper.
property

H.

Noah

Telephone Co.— Earnings-

Opei'E'ting 'revenues..

Co.

Corporation on Doc. 3 announced purchase of Van Cleef Bros., Inc.,
of
Chicago,
111.,
manufacturers of
"Dutch
Brand"
industrial
and
automotive
products, according to a joint
announcement
made by
Lewis

railway

frdfn

Trust

&

Dec. 3 made

on

41,713 shares of
ers discount $1.

1946

President, said the Jan. 2, 1948 payment was
increase the working capital position of the com¬

pany

increased

1947

railway-—

from

Gross

bank

trustee, registrar and paying agent
bonds due 1949-1960.

Wilson,

order

in

Over-the-

the

$920,262

Operating
C.

in

$1,123,833

railway

from

Operating., revenues

November took

in

1947 a year-end distribution of 30 cents per share
was made
for the preceding liscal year, which brought payments last
year- to 90 cents per share, as against 60 cents in the current iiscal
Joseph

sponsored

National

burning

mortgage

investment bankers.--V. 166,

RR.—Earnings—

Period End. Sept. 30—

Dividend—
late

The

York

New

Johns-Manville Corp.

Net

ordinarily payable dividend on or about Jan. 2, 1948.
were made c n April 1, July 1 and Out. 1,

the

on

cn

been

Barney & Co.,

October—
Gross

Distributions of 20 cents each

last, and

stock had

the

Indiana Associated

meeting held

their

directors- at

of

the

appointed

market by Smith,

Illinois Terminal

3052.

p.

Haloid Co.—Omits Common
The

(The) Jewish Center of Kew Gardens, Inc.—Trustee—

24 on

Stanley & Co.

Gulf

and

listing

stock was listed Nov.

7

(2311)

1255.

p.

Refining Co. on Nov. 20 .announced viae
appointment of Eldon Young and. Archie D. Gray as General Attorney
and
A sedate
General
Attorney,
respectively, with head juartu's li
Houston,
Texas.
Mr.
Young,
under the direction of uie General
Counsel,; will be In charge of the legal problems of all the Guff
companies, except litigation, throughout the area in which the com¬
panies operations are supervised from offices in Texas, mainly, Texas,
Louisiana, Mississippi, Arkansas and Mexico.
Mr. Gray, under u.e
direction of the General Counsel, will be in charge 'of all is tie litiga¬
corporation

this

to

CHRONICLE

Electrochemical Co.—Listing—

Hooker
The,

counter

FINANCIAL

&

New Appointments—

Gulf Oil Corp.—Two
This

COMMERCIAL

program

1947.—V.

166,

p.

2105.

8

(2312)

THE

COMMERCIAL

Long Island RR.—EarningsOctober—

Gross

f:om

Net

Net

ry.

$3,r16,550

601,038

income.

oper.

1945

$-1221,847
261,735

rai'way
railway

from

STATEMENT
1946

loul

.

from

50,718

131,491

189,022

Net

from

Net

ry.

38,579,367

_

U,791.163

8,369,090

10,471,811

9,870,660

.

railway

1,015,211

1,079,1.10

3,457,203

^Deficit.—V.

Gross

2,674,628

income..

oper.

sales,

38,205,507

Er.d. Oct. 31—
cper.

revnues.

Railwav

oper.

evpen

7S7«°4

144,000

Net
—V.

ry.

(net

—,o.J

7,359,863

1,375,200

677,000

^3

681,o46

612,

$J36,8j2

$272,31i.

$2,952,559

7,498,427

6,536,765

6,383,698

52,307

878,683

584,267

17,039

7,510

92,033

74,977

Dr)_

9,874,833

$212,500

$218,239

Mobile

&

O.i.o

$1,981,831

165,

Normal

tax

surtax.

Federal

of

totaled

32,877,003

corresponding

kwh

week

for

October—

increase of

an

29,

Nov.

kwh.

12.1%—V.

Net

from

Net

ry.

railway

Gross

for

166,

166,

3 ,221,753

Net

1,966,407

1,,795,043

1,924,622

154,679,381

141,031,038

168,,393,829

178,278,652

26,470,304

24,037,927

54,,665,389

68,644,528

12.593,166

12,988,200

20, 126,523

20,533,652

—V.

filed

26

letter of

a

$182,500 of 10-year first mortgage
ofxered
at
par.
Underwriter,

bonds

Ky.

due

Proceeds

Dec.

Ky.

Files With

—

31,

will

refunding 6%
The

used

be

notification

166, p.

194J.

bonds,

Bankers
refund

io

due

like

1958,

Co.,

Bond

a

Ncv. 30—

November,

in

1947—Month—1946

1S4 7,

the

the

corporation

1.89%—

$74,763,677

Dec.

12.

June

12,

in

fhe

Dee.

on

the

on

cperaled

200

stores,

last year.—V.

stock,

of

and

10

1.43.—V.

declared

1

common

DLtnouuo...)

Sept.

year

166,

compared

25

Nov.

132,

payable

Dec.

each

this

23

made

were

total

A

year.

of

50

holders

to

$1.25

11,
paid

was

Mack Trucks, Inc.—Stock

$37,928,599

15b,0C0

Dec.

on

of common stock
(no par)
at
The issue has been oversubscribed.

CAPITALIZATION,

G .VING

EFFECT

10

PRESENT

(no

Outstanding

8x7,973 shs.

par >

i..i.ie„i

Dca.nig

i\ov.

1.4/,
to

Bank,

Commerical

TrUot

Cj.

ta.e

borrowmay
HISTORY

Nov.

8,

kork

be

AND

lylo,

with

the

to,

IV2%

of

per

by

Trust

living

earner

Co.

Tiust

New

York,

Co.,

payment,

now

Chase

have

and

offered,

been
to

are

but

new

paid

off

additional

thereafter.

International

name

title

prese.it

incorporated .in

was

April

Motor

12,

New

York

Truck

Corp., which
Company has been

1922.

smce

Manufacturing Corp.
-MacK

tiu,

which

.that

in

1.11,

began

field,

njarke.ed

6 7

the

bases,

and

points

of

lire

the

among

trucks,

approximately

in

United

me

of

proceeds

will

be

app.ied

the

to

or

available

for

oy

Kan

its

cum

their

or

me

corporate

UNDERWRITERS—The
number

.agreed

Net

from
rv.

to

uf

scare,

purchase,

names

of

are

the

stock

common

which

Tne

each

has

1,000

Kidder,

Corp

Bacon, Whippie & Co
Barth

&

Co.,

M.

Kidder

&

&

Co

1,000

Kuhn,
W.

5,000

Lee

Boenning <xe Co
Bos worth, Sullivan & Co...
Richard W. C.arke Corp...

2.000

Lehman

1,000

McDonald

1,000

A.

Cohu

1,000

Merrill Lynch, Pierce,
ner & Beane

&

&

Co.,

Co.

Inc...

Inc

Torrey

Craigmyle,
Croweil,
Francis

&

P.inney &

Weedon
I.

&

du Pont

Co...
Co.c.

&

Co...

1,000
1,000

Loeb

&

Langley & Co
Higginson Corp....

$4,551,493

1946

Net

from

Net

ry.

$62,041,009 $52,603,285

Rapids, Mich.—Earns.

E.

Masten

Merrill,

Gross

&

Turben

Co

1,000

&

Ten¬

Co

from

Net

Maynard H. Murch & Co...

1,000

5,000

The Ohio

1,000

1,000

Pacific

Estabrook

3,000

of

&

Co

Chapman & Co...
Michigan Corp

Forgan

&

Webber,

Curtis,

1.000

R.

5,000

Co

Northwest

Paine,

1,000

Company..

Sills,

W.

Co..:

2,000

Jackson

&

Minton

,

.

contemplates

Co.,
Barney & Co

Granbery, Marache & Lord
Hallgarlea & Co.__

1,000

Stein Bros. & Boyce

2,000

4,000

Strovd

2,003
3,000

5,009

Union

4.000

v

Ripley &
——L—_1al_

„

o"-fvr

&

Weeks. J_

CoiEiwEJia*

Kirkland &. Co.,—_

•'

4,000

.1,000
1,000




Staats

-

r

5,000

Co

1,000

&

Co., Inc.
Spencer Trask & Co

Co.,

...

Securities Corp.—5,003

AP

Nt*"J

& c-\

_

Vfetor Common Dann & Co.
'

\>

stock,

iiiling,. VVEilEsi

'-

•>

ry.

Montour

public

around

fixed by

publ c

per.ods

offering

will

issue

at

including

De¬

Barney

stock

The

prices

premium

its

the

for

general

expansion

expended

was

of

by Sm.tli,

to

be

date.

used

be

middle

the

directois.

the

corporate

approximately

During

program.

capital additions

on

$27,000,000

and

expended

the

wa;

for

cumulat.ve preference s:ock,

stock 1,

and

166,

series

2106.

common

1971.—V.

1,

p.

$30,000,000

of

deben¬

2.65'/

RR.—Earnings—

Net

1945

1944

56,803

31,877

45.635

34,920

19,380

26.387

ry.

$.40,592

1,623,608

1,394,376

1,440,743

316,122

458,713

116,789

234,428

has

Products

Corp.

Electric

Ry.

Sell

below.—V.

Control

166,

of

Indiana

356.

p.

Transport

&

the company

granted
to

sell

substantially

166,

p.

railway

Gross

from

Net

from
ry.

a.l

its

of time

operating

Dec.

31,

properties

at

194j

reclassify

$1,436,233
"400,991

p.

*300,8G2

112,154

11.789,492

13,125,660

942,162

2,389,058

3,609,631

1.519,851

*17,366

981,607

1,400,848

1946

1945

$2,775,857

1,598,869

1,021,767

1,048,838

851,084

482,134

26 83",170

23,379,311

23.596,891

166,

2,605,146
695,305

5,320,578

at

5,382,463

of

ry,

Oil

income

$324,36,3

$314,878

$2,095,610

18b, 571

223.377

989,424

Net

ry.

4

the

in

the

in

1945

$152,157
*13,185
*36,711

20,699

1944

Net

ry.

166,

1.170,231
205,859
22,776

1,460,324
393,970
134,357

income

$170,333
43,813
11,366

be

will

Gi\jss
Net

N°t

$3,829
*20,644

*16,435
*17,450

income

*24,899

—.V.

and

1,661,496
531,643
215,331

of
It

of

i.;

payment

Dec.

full

in

are

made

22.

the

the

all

21,365

1,821,207

of

the

•

52,822
*liw,oiJ

680,952

to

income
.

prices

rata

pro

and

probably

how

is

stock

$147,355
*19,575

$213,200

take

to

to

be

received by

be

29,552

The

*10,854

*50,000
*2ou,«>7 1

to

proceeds

net

railway

$307,236
116.563

64,105

30,863

1st mtge.

73,139

2.881,395
1,099.209
>520,499 >

has

the

| share,
public

the

of

company

record

whose-fractional interests
with

bean

warrant;.

this

and

offering

no

made.

proceeds, exclusive of accrued divi¬
from the sale of the1 preferred

company

applied

be

will

.

2.978,660
1,2579)09
356,603 V

par

bonds:
V4 %

GIVING

.

u

1,186.507
470,832

STOCK

without
of

stock,

Series

/*

p.

%

series

15.

1

4.8%

A

the

per

1790.

SALE

the

OF

<

Outstanding

»\

.

..

of

borrowed

$2,000,000
*4 003,000

:$3,C00,00O

1,000,000

1,000,000

75
(cum.,

(par $10)

bonds

D

prior

Hawaii.

$2,275,000
1

due Aug.

TO

amount
moneys

150,000 shs.

approval
i

h*s

cl"o

borrowed
(xuiiOiu

from

anu

been

the

of
" v

'

P

out'danding

U
.5

U

h

and

may

Commission

of

not

be

the

issued

Territory

/>

short

banks,

i.re -represented
'•

750,000 shs.

authorised

'

three

150,000 rhs.

750,000 shs.

—

have

,.

T'tv companv

r

■

,

like

Authorized

due July 15, 1"64 —.

,

a

EFFECT

$10)

'The

..

2.889,054

pay

representing

due July 15, 1964

,

3'/4%

Common stock

163,654

•

to

promissory notes
construction expenditures.

^

$356,650

3.440,166

i.sue

net

PREFERRED

174,324

$318,940
13-1,158

from railway1..
1,49^.390
V*"ope*. -«ncome—649,297-

of

1947,

short-term

for

pay

Preferred

.

31,

connection

in

the

533,253

1944

<.

at

$1,482,440.

2.100.091

1945

.

Oct.

holders of unexercised

estimated

will

company's

18,037

1946

.,>*„

between $11 and $13 per
shares will be sold at
paid therefor.

be

stockholders

on

the

underwriting

no

Series C, 2

80,822
;

therefor

bidders

or

many

will

the

to

to

and

of

commitment

dends,

$431,971
188,766
1

bidder

1944

1947

railway

highest

sale.

auction

auction (shares representing
by warrants which were not

for

thereof pus accrued dividends from
that the number of shares so so.d
that the prices b. d for the same wi'l be

state
which

c'ose of business

the

There
firm

166, p. 2212.

railway

the

at

public

called

proceeds from the auction sale in exce s of $10 per share, after
expenses of the auction sale have been first deducted, wil; be

disposed

are

306,161

1.R69/-83

lys

*140,480

income—-

166, p. 1790.

to

share,

per

impossible

or

at

the par value
is anticipated
1,000

$10

purchased

sold

shares

CAPITALIZATION,
** ^-7

_

railway

irom

subscription

are

and

sold

be

than

less

it

The

51,804

1945

1946

'34,723

railway

From Jan. I—

,WWd

transferable

$176,099

1790.

P.

1947

oper.

1947

.such stockholder to subscribe for
cumulative preferred stock (par $10) at

shares

which

price

excess

as

railway

railway

from

from

stockholders of record at
full-share sub¬

common

31,

cacti

Hawaiian Standard Time,

of

case

1947.

22,

auction

Missouri Illinois RR.—Earnings—

Net

Honolulu—Subscription Rights
its

to
Ot

on

unless

m.

interests

upset

Dec.

—

October—
Gross

121,174

share of preferred stock for each five shares of common
and the subscription rights evidenced

p.

shares

The

2212.

p.

1946

57,768

income

oper.

3

Warrants become void

exercised)

166.

$161,295

railway

'Deficit.—V.

£4,700,193

price to the public is flat, in the case of shares purchased upon
exercise of warrants,
and plus accrued dividends after Dec. 22,

1947,

Enjoins Meeting—

below.—V.

Corp.

from

from

issued

has

business

one

before

From Jan. 1—

Net

1947—9 Mos.—1946

$4,044,942 $43,030,526 $40,208,906
3,860.034
37,133,972
31 351.284
470.030
3,800,944
4.157,429

terminate

fractional

1°47

oper.

Telegraph Co.—Earns.

&

$5,376,162
4,607,323
444 476

revs.

warrants

held.

or

the

Missouri & Arkansas Ry—Earnings—

Net

The

—

company

thereb/

7,595,325

2,571,152

1,662,101

October—

Cross

authorized.

tne

148ii.

p.

close

stock

25,698,481

4,768,868

railway

irom

to
par

$4,657,094 $43,146,341 $40,302,944
12.152
1i5,o15
;.4,0^8

PURPOSE—The

from

voted

18S2.

p.

1947—Month—1946

margec

distributed

Gross

presently

1947.—V. 166,

1,

entitling
150,000 shares series A 4.8%

1790.

cper.

25

Nov.

on

$5,391,421
15.2d.)

oper.

operat'ng

the rate of

$3,616,714

704,917

income

'Deficit.—V.

held

share

each

for

Telephone

.

expenses

scription

1944

$3,590,237
1,347,647

railway

from

Inc.—Split-up Ratified—

meeting

The

From Januan- 1

Gross

States

tevenues

after

The

$4,053,354
1,513,763

railway

oper.

shares

new

Mutual Telephone Co.,

1790.

October—

from

Lines,
special

a

12,774,639

Net
Net

but

ry.

at

authorized 1,000,000 shares of common stock, $10
shares of common stock, $5 par value, on

two

Uncollectible

Mississippi Central RR.—Earnings—

Net

of

—V.

railway

from

659,120

2,000,000

Mountain

499,393

95,697

3,824,824

166,

Sunray

839.30a

557,713

$1,382,866

318,826

Mission Corp.—Court
See

2.529,868

712.155

408,705

1790.

p.

Operating taxes

$1,382,928

1947

p.

166,

the

into

Operating

From Jan. 1—■

166,

2.246,516
449,838

2,353,641

737,197

624,742

income

Operating revenues
1944

15,097,131

itvome...

oper.

2,657,826

railway

stockholders

Gperat.ng

1945

147 006

railway
railway
oper. income

fi'um

62,727

Period End. Sept. 30—
to

500,250

trom

ry.

18,817

railway

oper.

'Deficit.—V.

Ex¬

$1,793,853

income...

from

Net

83,104

split-up became effective Dec.

Co.—Time

extension

an

fd47

railway

Net

79.334

71,977

income

oper.

1053.

October—

Gross

$241,107

*11,228

Moore-McCormack

-

oper.

19f4

$1-.1,266

113,181

204,227

e.—V.

sa

1945

$325,221

93,531

railway

445,054

210,366

1946

$323,181

railway——

From Jan. 1—

1,402,364

489,054

1947

Irom

from

the

1,000
u

the

to

101,390 shares of

into

1,000

Inc.—

William

rate.

company,

and

Nov.

Series E,

Smith,

Harriman

due

Series D, 4%

5,000

R.

Oct.

(convertible

4,000

3,000

Hemphill, No'e; & Cx

of

common

A

3,000

Goldman, Sachs & Co
Graham, Parsons & Co

with SEC—

registration statement with the SEC
cumulative preference stock, series

a

pari

during the first nine months of 1947.
The company
a
continuat'on of such expenditures.
31, 1947, the company had outstanding 4,233.503 shares

—

&

the
the

of

the

of

Co.—_

.

Pressprich &

1944

purposes

basis

*Deficit—V.

1,000

2,000

(no

approximately $23,500,000

Net

23,451

January 1—
railway

Net

Net

5,000

1,052,133

underwriting group to be headed

before

proceeds

Gross

52,827

from

from

Eastman, Dil.on & Co
Emanuel, Deetjen & Co

Farwell,

shortly

tures

$122,094

railway

ry.

2,000

2.883,393

784,241

York,

same

.

Metal

oper.

Net

5.000

Co

&

2,264,724

7»9,265

offered

be
an

expansion

3,000

Brothers

2.2-3,054

dividend

$4

piant

1946

^"orae
1892.

irom

ss

Net

3,000

5.612,545

filed

28

shares

w.ll

New

be

1646
1 to N,-v. 22

Minneapolis & St. Louis Ry.—Earnings—

5,000

Co...

C.

4,769,364

at a price to be
redeemable
during various

Co.,

Net

which

6,000

Peabody & Co

1,000

Becker

2,000

Co

4,000

Jenks,

in

Net

Lemon

90,796

4,925,908

1°45

$2

1822.

p.

No/.

through

purposes

Higher—

Jan.

required

severally

*53,576

1,487,4 ,4

166,

a

stock

value,

SEC

ry.

No. of

A.

Janney

&

will

ago.—V. 165,

year

1947

1946

Mfg. Co., Detroit—To

October—
Ctr

Shares

8.000

Tv>rnh

a

$170,009

railway.*——
p.

from

and

275,992

165,545

1,447,184

income—

250,000

carrying
The

tended—

Gross

Adamex Seeurnies

Inc.

the same month

increase

an

$181,473

railway

Rieke

See

Net

i'olows:

a;

Johnston,

Glare,

$52,314,498,

Firm—

Net

underwriters

$563,039

6,803,656

rai.way—

company

cember

in

will

principal

8,000

First

were

B,

were

period

purposes.

of

2.812
54,618

110,441

railway

oper.

The

Gross

No. of

Blyth

month;

1—

Miller

and

Shares

G.

ten

Valley RR.—Earnings—

oper

166,

and

to the lunds of its subsidiaries,

company

Hayden, Stone & Co

A.

lirst

the -corresponding

1947

lrcrn

sold

Canaaa.

extent

from
ry.

As

Ended

From Jan.

diesel

direci.y or indirectly oi the $4,000,000 bank loans
outstanding, and the baiance will be added to the funds of the

company,

J.

for

$5,615,539

railway
from railway
ry. oper.
income

are

are

and

1^46

328,276

Monsanto Chemical Co.—Registers

1892.

from

—V.
net

month

high

the

for
over

Corp.—Current Sales 23.4%

October—

Gross

which

600 distributors

States

in
its

and

marine

apparatus,

proaucts,
all
Mack
products

its

(one

pioneers

Mack

Lhe»e

a.l

"Mack."

name

were

since

predecessors

from

covering

payment

•of Mack

the

K00),

tneir

in one-to-

$653,314

.income

opeia

The

October, a record
of $25,298,322 was

Minneapolis St. Paul & Sault Ste. Marie RR.—Earnings

trucks

motor

of

with

proauction

for

^r..uchos

various

a.

PURPOSE—The
to

the

to

pans

tue

through
loca.fcu

producer

subsidiaries,

aoout

ma..u.acture

„tnViv.e

unaer

serviced
dea.ers

its

addition

also

and

important
ana

operat.ons

in

subsidiaries

engines,

«.n

o„e..

organization
.01

Shoe

Midland

From

organisation, its principal assets being ad¬
investment in more than 9tf%
01
the stock of, Mack

ana

last

issues

for

company

previous

A

deliveries

$30,441,730

of

the amount

over

this

by

$35,500,674.

Total

ma¬

extended

be

or

serially

122,804

October—

National

Guaranty

certiiicaies maturing

$702,181

railway

railway

Deficit.—V.

$326,318

$u.55

Such

company.

Co.,

of

and

annum

the

Manhattan

BUSINESS—Company

changed to us
holding company

vances

&

share;

maae

was
a

rate

the

Bard:

to

the

ci

of

ana

subject

wtj,

the

Net

$729,636

747,335 shs.

guaranteed

are

Bank

National

^ew

the

at

which

t-.e

to be considered Dec, 16 for the purchase

$108,456

1947,

payable

to

gain

insurance

negotiated

Eeb.

Net

1,229,019

$128,898

reported

1929.

Milwaukee

payab.e

to

$1,555,337

1,042,148

$i..zj

to

following

$1,771,784

105,969

*

a

p.

Company has no funded debt.
On Sept. 30,
1947, Mack Manufac¬
turing Corp. had ou> tauuing $4,000,000 of short term notes

01

$234,807

$291,646

FINANCING

Authorized

bank.,,

ry.

Giloss

profit a.ter charge; and taxes
Earning", per share on 195,000 com. shs. out-Adg.
166, p. 951.

3

shares

per snare.

28,753,907

From Jan. 1—

—V.

Offering—Hayden, Stone &

Co., Aaamex Securities Corp. and associates

turing

Net

358,843

1945

—V.

notes,

$1,196,488

111,447

f.xed

Net

$4,592,430 $38,158,188

83,557,286

26,017,011

1947

from

from

103,083

-ales

G.xss

1947—10 Mos.—1546

1995.

Common stock

$1,660,337

10,028

1947

record

March

on

of

of

195,594,618

74,142,523

15,571,770

October—
Gross

$154,131

business

Months

Net

$4,711,644

._

offered

$224,829

Sept. 30—

cents

13:2.

p.

154 i—Mo..t i—1946

Sales

$51.25

$144,001

Net

1995.

p.

dividend

year-end

a

cents

14,

Period End. Nov. 36

p.

262,477

Michigan Bumper Corp., Grand

Net

166,

373,547

4 Weeks Ended Nov. 22

9

188,216,035

29,950,089

17,542,638

is inviting bids

of

McLellan Stores Co. —November Sales Increased 2.6%

—V.

303,7<_9
286,824

$;0,443

Melville

$70,770,068

143,881,868

36,587,128

income—

trustee

The

1947—11 Mos.—1946

$8,226,867

corresponding month

directors

share

per

120,945

1892.

166,

163,530,687

railway

oper.

Monongaliela Ry.—Earnings-

1,255,163

17,500
25,711

of

McGraw-Hill Publishing Co., Inc.—Year-End Dividend
The

1,714,802

13,271

1947

$8,382,576
199

The

32,104

K47.

Sales

with

ry.

17£0.

LLe

—V.

income—

railway—

$1,804,567 $19,107,030 $17,229,542
1,403,582
14,941,208
14,141,867

1,610,439

etc

Inc.,

amount

1.944

$17,612,919 $15,852,630 $16,947,452 $20,519,577
3,445,806
3,939,169
5,638,453
8 8->3,985
1,790,627
2,622,161
2,252,941
3,147,788

of $5,218,000 equipment trust
eight years.—V. 166, p. 2106.

1947—10 Mos.—1946

(Br)..

amounted

Retail

In

1,792,004

from

Massachusetts Mutual Life Insurance Co.—New Record
month,

1945

1946

1947

oper.

Net

the SEC

with

McCrory Stores Corp.—November Sales Up
Period End

$1,837,630

income

Delivered

p.

Nov.

on

bo

to

1,792,034

lt.4/—Month—1?45

income

of $27,307,159

company

Louisville,

1,194,670

4,047,701

10,130

in
December,
$228,763,816,

SEC—
for

Net

5,344,180

RR.—Earnings—

railway
railway

from

Net

2,764,555

RR.—Earnings—

income

int.,

22,129,156

5,962,319

Equipment Financing—

income..

oper.

ry.

Other

6,525,705

Louproco Realties, Inc., Louisville,
The

*90o,025

37,815

Gross

1790.

p.

ry.

(Z)r)_

rents

24,038,287

From Jan. 1—

2105.

p.

rents

fac.

Renta.s,

1944

1945

731,264

railway
railway
oper. income

4,363,993

income

from

Gross

'

from

ry.

—V.

Net

1,.,41,338

165,

509,396
09.617,476

2212.

October—
Grcss

Net

the

2211.

p.

3,318,947

from

Net

11,414,680

1947

1,518 893

income

oper.

12,306,138

railway
P.

from

795,553

$15,6C4,619 $14 495,977 $17,934,999

$16,208,111

railway

Prom Jan. 1—

Net

1946

1947

from

Net

5,205,883

dividends

Equipments

Louisville & Nashville RR.—Earnings—
Gross

1,180,000

Taxes

the week ended
with 29,316,000

compared

as

year,

l,2uu,000

9,400

in¬

period

438,244
73,030.132

374,542
17,437,934

4,556',0u0

Operating expenses.—'—

(Ky.)—Weekly Output—

for

company

,

last

374,154

10,556,307
4X1,752

Cr7,500,000

"i-OSS.—V.

Joint

this

of

270,142

taxes

Income

307,217

>

17,063,392

*8,399,625

profits tax

Recovery

Cash

and

$7,511,040
2,489,076

1,147,477

50,449,883
9,836,127
3,572,177

56,356,856

railway

oper.

166,

6,100,0u0

expense

Operating revenues.

3169.

p.

%

output

ry.

$1,736,747

RR.—Control—

above.—\f.

RR.

Louisville Gas & Electric Co.
Electric

from

Net

20.X55

Maine Central

Louisiana & Missouri River
Gulf,

from

9,894,988
73,105

Period End. Oct. 31—
See

10,182,153

*8,669,767

329,965

income—

oper.

1944

1945

$5,410,531

From Jan. 1—
Grcss

Net

income

Excess

1783.

p.

6,859,654

profit

Interest

$2,395,991

101."54

income.

oper.

166,

116,642,768

ry.

140,089,858

105,489,056

Missouri Pacific

$11,114,700

8,179,341

119,000

—.

........

rents

122,207,974

37,886,036

income

Total

1947—10 Mos.—r-1946

$1,208,822 $13,320,023

8^7 <^7

es_

Railway oper. incomeEquip! ren' -i t net f)n_
facil.

Net

36,714,696

73,888,u28

sold

1946

1,102,260

railway

from

Ry.—Earnings—

$l,410,5n8

taxes

wx

Net

and admin.

gen.

come

Jt.

$

expenses

Net

1,47—iViontn—la4o

Railway

ry.

$

$4,896,105
933,735

$5,942,902

railway

from

—V.

Louisiana & Arkansas

Other

$

Gross

less discts.,

goods

Selling,

1832.

166, p.

Federal income

1944

90,623,415
of

Other

Period

1945

Earnings—

1947

October—

$

Cost

38,774,536

Missouri-Kansas-Texas RR.

SUBS.)

1946

845,547

40,031,503

.

(INCL.

Years Ended Dec. 31

Sept. 30, '47

$3,640,747

699,485

$3,682,410
841,037

etc.

railway

OPERATIONS

OF

Monday, December 8,1947

CHRONICLE

FINANCIAL

9 Mos. End.

1944

From Jan. 1—

Gross

&

all

by

term -krnk

of.

11
':■■■■

which

loans

bear

totaling
interest at

6-months nbtes.—V.

-i

:•/

...'

166,

Gross

from

Net

from

Net

ry.

1946

1947

$2,797,644

$2,489,982
68,378
634,814

207,225
75,259

railway

164,861

income...

oper.

$3,669,891
840,010
237,313

$2,825,148

477,345

railway

Period End. Sept. 30—

1944

1945

Net

from

Net

ry.

—V.

25,656,640

1,099,095

1,405,585

54,906

railway

income

opcr.

166,

1892.

p.

directors

share,
this

have

dividend

Oct.

this

1,

each;

dividend

a

the rate

at

Distribution

April 1, July 1
cents.—V. 166, p. 1054.

taxes

25

1,

—V.

1947
1946
$17,778,946 $14,877,254
1,013,777
836,565

taxes

October, the
sacks of
sacks or

in

that

announced

further

President,

Marks,

company's mail order-business reached a new total of 41,766
post
weighing 1,461,810 pounds as against 33,882

in

pounds

1946 —V.

October,

2106.

166, p.

the

Of

Cylinder Gas Co.—Loan Placed Privately—

V.

166,

notes.
and

ry.

balance

the

used

were

retire

to

the

SI

capital

working

for

Sept. 30, $1.25 on June 30 and 75 cents on March 31,
amoun to $4 per share, compared with

paid on

payments this year will
in 1946 —V. 166, p. 1484.

Net

ry.

—V.

Steel Castings Co.—Omits Divi¬

dend—Arranges New Bank Loan to Pay for Improve¬
ments—

dividend,

a

Dec.

on

their

at

directors

meeting on

but

Dec.

action

took no

■

in

the

was

the

Another

from

While

some

naturally

a

the

low

a

rate

railroad

influence

of

the

been

has

loss

in

the

cars,

profits

usual

plants, which is being mechanized and modernized.
production is being obtained from this plant, there is
substantial loss in efficiency which makes excessive costs
our

completed, which we hope will be early in
of inability to obtain materials in reason¬
able lime, which has delayed this modernization considerably beyond
the completion date originally contemplated.

until

program

This is

1943.

in

creases

be

can

another

modernization

The

257,363

this

at

inventories

rate

of

is being

loan

interest.

for

treasury
—V.

166,

due

improvements in others, the in¬
increased commodity prices, customer

plant,

to

required
capital

arranged with a group of banks at a very favorable
Proceeds of the loan will be used to replenish the

expenditures,

these

and

general

for

corporate

purposes.

Extra Dividend of

National Tea Co., Chicago—To Pay

37V2 Cents and Increase Quarterly Payment—
Dec.

On

share

Dec.

96,586

7,073,251
1,960,760

10,165,814

10,831,257

4,554,410

of

Jan.

was

cents

25

H.

dividend

extra

an

of

cents

37Vi

distribution of 25
by four quarterly

extra
followed

an

ceftts per
payments

each.

V.

late

1,557,011

573,750

996,440

985,975

—

166,

Dec.

on

the quarterly

indicated that

2

stock

common

for

would

1948

be

cents

37Vi

-Earnings-

1946

1945

1944

$467,244

$490,753

203,361

41,742

194,903

348,562

income—

175,213

36,201

117,557

1,497,390

railway-

6,252,561

7,331,673

8,298,555

2,609,198
1,953,843

2,837,159

3,822,627
2,368,417

3,250,726

3,924,352

Net

ry.

Net

1,446,057

Conn.

filed

19

a

(par

&

Anglo

extraordinary

held

Dec.

011

general
to

5

vote

meeting of shareholders was
the following proposals:

scheduled

a

of

Net

(2)

fr.

Sw.

the

increase

To

fr.

Sw.

$7,285,428. $75,556,207 $61,069,809

72,000

by

capital

new

d'amortissement

bon

the

issue,

fearer shares of

a

at

a

price

of

face value of

ry.

as

attached.

in

the

7,038,104

leads

784,118

6,342,702

4,654,473

credit

for adjustment
166,

1945

of

and

unused

1946

holders

be

to

the

at

RR.—Earnings-

to the meeting, are
offices at Cham and

submitted

company's

1945

$177,579

$245,817

1944

*15,842

73,206

60,759

week

the

kwh.

14,832,524

of

above

production

Nov.

This

of

is

Gas

This

90,621

242,240

68,484

1,812,311

1,786,765

2,178,670

2,514,823

197,644

446,770

957,066

1,150,080

130,237

railwayrailway

the Association

851,930

1,709,389

an

increase

kwh

of

for

electric

output

2,160,549 kwh., or 17.05 %
the corresponding week a

The

166,

1893.

p.

it does not violate due process

as

reluctant

reach

to

of the law."

output

of this

and

before

deficit

a

Northwestern Bell Telephone
Operating

and

Federal

a

October,

1947,

income

tax

after the

of $400,009

which

oper.

tax

Federal

a

income

income

net

a

credit

carry-back
credit.

These

carry-back

The 1947 deficit is due primarily to
forces effective Sept. 1, 1947.

deficit

of

results

of

$130,000
after

are

October,

Net
Net

of

737,262

decrease of $236,065, or 2.1%,

a

System

charges

the

on

for

deficit
old

Sept. 30,

Federal

a

first

ratio

for October,

months

ten

of

1947,

1947,

was

after

82.8

the

after

carry-back

tax

This

credit.

Restating the old fixed charges for July,
the

on

basis

of

the

fixed

new

the ten months ended Oct.

credit

tax

FOR

compares

Net

31,

$1,685,433

after

AND

the

FIRST

Month of October—

Net

available for

after

charges
income

before

credit.

1946

$13,182,937 $13,333,813

fixed

Federal

fNet
Incl.

1946.

MONTHS

1947

operating revenue

Total
Net

Net

ry.

*

available

fixed

for

Company offered to

300,000

124,072,021
625,475
4,257,508

*2,143,643

*5,684,387

after

*1,685,463

Nov.

1,105,000

2,545,000

tlncludes operations

of the Boston

& Providence RR., but

charges of that company under

includes

in

net

a

the

and

accrued

railway

estimated

operating
deficit

the

charges

unpaid

deiicit

of

and

incurred
All

for

the

remainder

Boston

of

in

a

railway

net

the

Providence

&

the

of

New

$9,742,709.—V.

held.

estimated

Haven

166,

operating

p.

System

deficit

deiicit

had

a

was

net

The

by

by

$300,000

expired

rights

stock of

share for $2,000
share for efcch

one

at

(CST)

p.m.

3

initially

will

with

the

sales

of

of

the

construction program.
1947 and" 1948, including
to cost approxi¬
expenditures will

company's

securities,

has also made

the

issuance

notes,

years

issued

those

including

the

during

of

for additional temporary
to
exceed
$1,100,000 short-term
of a credit agreement, of which

arrangements

of

ihe

under

short-term

of

$200,000

and

part

become

improvements,
is estimated
About 75%
of these estimated

not

terms

promissory

short-term

notes

promissory

issued

were

notes

1,

1947

on

Oct.

Aug.

on

issued

were

1947.

It

is

contemplated
funds

additional

of

treasury

to

the

that

the

company,

the

incurred,

obligations

pay

for

of securing
reimburse the

purpose

and

to

for expenditures, in connection with the
will issue additional first mortgage bonds during

company

construction program,

2213.

common

per

of

rate

year.

company

promissory

operating

$9.75

at

the

at

and

$3,500,000.

&

railway

$3)

proceeds

connection

financed

current

of

of $2,477,000;
$3,044,000, and

subscribe

Subscription

net

extensions

mately

22,

outstanding

holders of its

to
(par

funds, and as such, may be applied to any of its
Such corporate purposes will include the pay¬
company's promissory notes and payment of obligations

in

routine

be

the

right
stock

construction, during the calendar

Boston

for

the

a net railway operating income of $804,525.
the first ten months of 1947, it is estimated that the Old Colony

resulted

then

the

of

ment

remainder

$261,000;

$408,000,

was

589,765

purposes.

financing

Also

1,0.99,072

516,610

general

corporate

plan of reorganiza¬
against Boston &
Providence properties for Boston Terminal Co. taxes and bond interest.
For October,
1947, it is estimated that the Old Colony operations

tion.

1,076,323

*748,965

26.

company's

*5,684,387

fixed

shares

five

the

13

common

PURPOSE—The

after

excludes

*226,169

1791.

Subscriptions
common stockholders, pursuant to the company's
offer, subscribed for 17,686 common shares, out of the
82,000 shares offered at $9.75 per share. Subscription
rights expired Nov. 26 and the underwriters are offering
the unsubscribed balance (64,314 shs.), at $9.75 per share.

*161,300

tNet
Incl.

4,162,094

417,735

Northwestern Public Service Co-—Stock

of

7,557,465

165,574

5,160,188

—The

Nov.

charges

50,161

5,345,930

1,157,326

.income
Deficit.—V. 166. p.

130,000

charges (reorg. basis Oct. 1, '47)._
charges (reorg. basis July 1.'47).
Federal income carry-back tax credit

221,332

oper

shares

4,221,709

$598,144

104,762

5,724,268

railway
railway

from

Net

*400,009

operating Tevenue
operating income

1945

$532,748

91,809
23,318

*44,711

from

record

railway

1944

1946

$561,525

34,043

income—

oper.

ry.

500,930

credit

RR.—Earnings-

$580,667

From January 1—

857,915

basis)

5,315,354

railway

128,009,668

(reorganized

carry-back tax

$5,461,839

4,598,214

railway—

439,358

charges

$5,122,651

425,967

1947

from

135,525

railway operating income

Income

$2,790,463

tax

TEN

$445,573

525,868

deficit

of

and

contingent
1947 would have been

and

a

$581,557

operating income
charges

Gross

deficit

September, 1947,
charges, the deficit for

August

and

OCTOBER

a

40,625,325
6,853,212

166, p. 1583.

Net. from

income

with
of $8,229,387 before a carry-back tax credit of $2,545,000 and
of $5,684,387
after the tax credit for the first ten months
143,643

fixed

capital
structure
for
the nine
months
ended
the reorganized basis for October was $3,248,643
carry-back tax credit of $1,105,000 and $2,-

1947 and on

before

the

46,632,771
6,374,758

October—

compared with 83.7 last year.
The

4,964,933
661,614

Northwestern Pacific

$300,000.

$58,130,180 $52,940,376

$6,072,120

5,621,110

after

—V.

1947—9 Mos.—1946

$6,939,929

revenues—

expenses

Gross

The operating

1946.

credit

tax

tne wage increase to non-operating

Operating expenses were $10,920,049,
under

2213.

p.

$6,083,099 $58,245,665 $53,015,176
10,979
115,485
74,800

15,284

revenues

taxes

contingent

included

29, 1947
for the

Co.—Earnings—

1947—Month—1946
$6,955,213

revenues

Uncoliec.

Operating

RR.—Earnings—

charges of the reorganized company, effective
Oct. 1, 1947, and compares with a deficit of 3161,300 in October, 1946,
fixed

ended Nov.

week

the

for

company

58,588,000 kwh., as compared with 51,585,000 kwh.
corresponding week last year, an increase of 13.6%—V. 166,

Operating

for

reports

company

$530,009

the year 1948; and may either in 1948 or 1949
its authorized cumulative preferred stock.

issue additional shares

of

New York Ontario & Western
October—

Net

ry.

Ry.—Earnings-

1947

1945

$546,700
*28,769

*11,388

income

oper.

*83,768

*205,156

*118,879

Gross

from

from

Net

6,098,010

6,829,831

7,925,148

*163,149

178,363

456,394

*921,441

*1,359,458

*890,948

1947

Net

from

1946

1945

ry.

$290,104

$478,495

70,577

89,640

207,372

19,990

10,954

31,922

from

3,418,126

3,788,548

4,858,189

925,546

£'38,335

1,450,967
531,802

from

Net

Net

ry.

—V.

oper.

Chase

to

company

75,000shs.

($100 part
stock

26,000 shs.
492,000 shs.

800,000 shs.

under

the

dated

indenture

Aug.

1940

1,

of

National

Years Ended Dec. 31

12 Mos. End.

42,775

205,237

income

Oper.

1945
$3,676,600
3,073,573

$3,384,325
2,790,798

$980,966

$982,880

$603,027

$593,527

1,081

1,798

2,398

3,726

$982,047

Int.,

income

income

Gross

$984,678

$605,425

$597,253

(net)

income

etc.,

taxes-

and

1946

$4,550,163

revenues

exps.

Other

796,207

1893.

3,569,197

$4,112,753
3,129,873

July 31, '47

Operating

Operating

railway

166, p.

$6,275,000

1973

2,116,494

income

railway

authorized

amount

e

Bank, New York, and Carl E. Buck¬
ley, as trustees, is limited to $50,000,000 principal amount at any
one time outstanding,
issuable in series.

From Jan. 1—

Gross

stock

di

90,723

3,459,623

railway

oper.

preferred

Outstanding

*$50,000,000
series

3%

1944

$411,492

119,163

railway

*The
the

$410,715

October—

from

bonds,

mtge.

cumulative preferred
Common stock
($3 par.)
1

*612,297

1791.

Susquehanna & Western RR.—Earnings—

New York

bonds

mortgage

1st

4 Va %

569,58.3

ry. oper. income
*Deficit.—V. 166, p.

Gross

1st

*111,241

7,076,688

railway,

FINANCING

PRESENT

TO

Authorized

Cumulative

1—
railway

EFFECT

$706,677

*67,210

GIVING

CAPITALIZATION,

1944

$628,757

78,217

railway
railway

1946

$748,637

from

from

Net

is

an

increase
cu.

of

ft.,

week is

28

37,416,000

for

the

reported at 202,058,000 cu. ft.
ft., or 22.74% above production

cu.

corresponding

week

a

year

Net

„

1944

291,299

320,958

238,987

249,339

$690,743

$663,720

$366,438

$347,914

deductions

Hearing

on

The SEC has

Bond Sale—

,

HISTORY AND

application to

20-year sinking fund collateral trust 3
% series B
Company proposes to sell the bonds in approximately equal amounts to Travelers Insurance Co. and Aetna Life Insur¬
ance
Co:
The application also includes the proposed sale by three
.cib'idiarir® "f additional shares of common stock to the parent.—
$5,525,000

bonds,

due

V. 166, p.

1968.

2212.




Corp.
the

granted

Private

newly organized to erect mills in central California

kraft

manufacture

has been

.

set Dec. 18 for hearing on the company's

income

Newsom Kraft Co. of California—RFC Loan—
This corporation,

ago.
to

r

We find no warrant
applying to it which
be

1,359,572

income—

oper.

ry.

available to share¬
Vevey and at the

reports

should

We

...

the

Period End. Sept. 30—

New York New Haven & Hartford

Association—Output—

28,

12,671,975

for the Nov.

output

164,642,000

sell

conclusion.

ago.

year

of

ended

that

to

98,181

*37,735

from

from

Net

For

(E) (voluntary) is pending.
the statute nor the decisions

language of
us

Electric

1946

$206,723

income

oper.

-Deficit—V.

Guaranty Trust

New England Gas & Electric

to class B common.

totaled

1947

$180,284

Net

Co. of New York, New York; Credit Suisse, New York
branch, New York, and Swiss Bank Corp., New York branch. New York.
Dr. Edouard Muller is President of the Holding company.

an

other conclusion, for it would establish an unfortunate restriction
procedure of a body whose procedure shou.d remain elastic so

any
on

far

1893.

p.

of

Association,

filed

company,

anything under 11

3,669,148'

From January 1—
Gross

explanatory report by the board of directors and the printed
the resolutions containing the alterations to the Articles of

An

text

operating

an

according to the opinion written by Judge Herbert F.
"the only way that petitioner's point can prevail is to hold
that the statute precludes 11 (B) (2) (mandatory) proceedings so long

*Cr734,903

From January

registered

525.—each, of
100 each, with

and 2.94%

common

8,061,871

railway
railway..

from

Net

banks.

Swiss

Minnesota,

think,"

4,511,355

from

Gross

Arrangements concluded between the company, the Al.imentana
and Unilac Inc., and with the Credit Suisse acting on behalf of

consortium

class A

3,483,563

October—

to

on

(1)
Co.

of

Goodrich,

Holding Co., Ltd., Cham and

Swiss

Co.

Weekly Output Increased 13.6%—

Vevey, Switzerland—Plans to Increase Capitalization—
An

Power

plan under which it proposed to distribute its holdings. In
operating company in the ratio of 83.28% to its preferred, 13.78%

400,417

New York Connecting

income

be

States

974,766

the

$4,591,569 $41,787,839 $38,651,141

$5,208,323

Nestle

Public

337,600

$1,337,703

operations

1893.

p.

a

The

1942.

1,046,248

profits credit carryback.—V.

For

1947—11 Mos.—1946

1947—Month—1946

Sales

166,

to inject its own plan ahead of a voluntary one submitted
company
contended
that under court decisions and
Utility Holding Company Act the Commission cannot issue
mandatory order after a company has submitted a plan. ■
Northern States,
which owns all the common stock of Northern

in-

"We

1947—10 Mos.—1946

the New Haven System had

Inc.—November Sales Up 13.4%—

Period End. Nov. 30—

—V.

Commission

896,690

Providence

Neisner Brothers,

of

a

resulted

capital stock

retail.

at

etc.,

Nov.

on

shares of

Court

income-

♦Deficit,

letter of notification with the SEC
$1), to be offered at $2ss per
share.
Underwriter, Henry P. Rosenfeld Co., New York.
Proceeds will
be used for expansion.
Company sells furniture, household appliances,
company

Circuit

S.

466,957

484,500

income

♦Includes

(Del.)—SEC Order Super¬

Company's Dissolution Plan—
U.

accruals.

oper.

19,299,211

22,621,418

Appeals at Philadelphia Dec. 1 • ruled
mandatory order by the SEC supersedes a voluntary plan of
by a holding company.
Northern States, the holding company, challenged the right of the t

to

St. Louis RR.—Earnings—

1947—Month—1946

taxes

tax

ry.

10,406,843

2,608,349

125,613,965 130,223,543
32,184,477
42,053,266

amended

2212.

income

23,616,280

14,309,990

4,734,094

4,021,671

2, j.8-i, <47

104,069,540
16,957,258

Northern States Power Co.

4,692,480

income

S.

Other

1944

4,301,548

dissolution

6,269,530

New York Chicago &

U.

2,o43,U td

115,590,322

income

oper. income
166, p. 1791.

the

Gross

1945

1946

3,953,432

4,356,387

railway
railway

from

the

railway
oper. income—
p.

1,552.161

$14,524,174 $13,059,275 $14,046,468 $14,625,282

ry.

—V.

$722,980

166,

—Files with SEC—
100,000

Net

that

1947

from

Income

2106.

p.

Nationwide Home Equipment Corp., New Haven,

The

635,180

1947

oper.

The

tNet

for

463,460

Ry.—Earnings—

from

sedes

railway——

ry.

Gross

10 Months Ended Oct. 31—

the

on

share.—V.

was

President,

McNamara,

dividend
per

1947,

2,

which

made,

share

13,512

4,659,608

From. January 1—
Gross from railway-

Total

stock, payable Jan. 2 to holders of record

the common

On

16.

declared

directors

the

1.
on

102,010

229,677

3,681,052

EARNINGS

per

795,484

From Jan. 1—

452,701

$584,732

oper.

Net

ry.

$1,112,945

8,900,397

income—

the carryback

1893.

p.

Net

1944

$1,002,375
479,129
123,829

from

Net

1790.

from

from

case

postponements of deliveries and increase in receivables, have
substantial outlays of cash; therefore,
a
$5,000,000 working
term

60,849
6,954,105

323,460

railway
railway

Operating

production of new
considerable portion of our products.

adverse
of

one

43,574
6,416,195
1,238,400

income-1791.

p.

from

Net

1945

1946

' $816,686

railway!

ry.

year,

unexpectedly

involves

which

23,205
6,588,422

1,223,149

railway

oper.

166,

Gross

said in part:

although earnings at that time were disappoint¬
ing, it was thought that conditions would change sufficiently rapidly
during the balance of the year to warrant continued dividend pay¬
ments; however, the change did not develop as fast as anticipated due
to a combination of circumstances, one of the most important of which
Earlier

139,000

62,955

Northern Pacific

RR.—Earnings—

New Orleans Texas & Mexico Ry.

Net

Pomeroy, President, in connection with the

Cleve H.

6,739,910

October-^—
Gross

Net

14.

above action,

from
ry.

4,649,935

income._

oper.

Gross

l considered the matter of
thereon. Quarterly distribu¬
tions of
15 cents each were made on March 22, June 21 and Sept. 6,
this year.
In 1946, the company paid 15 cents on Oct. 12 and 85 cents
The

Net
Net

840,100

$1,191,565

_

railway—

166, p.

excess

National Malleable &

declaring

1944

$670,850

117,328

7,257,327

1—
railway

10,330,698

582,106

railway—

oper.

from

expansion.—

and

3,

total

$2

1945

$620,554

107,327

Income—

oper.

from

7,275,438

of

amount

like

a

the directors declared a dividend of $1 per share on the
capital stock, payable Dec. 29 to holders of record Dec. 15. Including
Dec.

Gross

77,745,424

8,375,947

railway—

from

—V.

$600,000

Enameling & Stamping Co.—$1 Distribution

National

86,919,126
8,423,966

719,793

Period End. Oct. 31—

On

8,593,206
1,152,887

1947

from

from

Net

1790.

p.

ry.

1,225,269

October—
Gro;;s

Net

proceeds

debentures

Net

New Orleans & Northeastern

Net

The company recently placed privately with the Equit¬
able Life Assurance Society of the United States $1,000,000 2%%

1946

$700,860

October—

Net

National

1947

$816,333
181,328

railway

railway

1893.

166, p.

Net

parcel

1,185,870

158,975
95,351,560

From Jan. 1—

Inc.—Profits Up—

—1

George

200,393

23,891

'

1,137,323

operating income
Net after charges

of

of
July 1,

and Oct.

follows:

Ten Months Ended Oct. 31—

before

from

10,152,269
1,007,049

expenses

Operating

Net

National Bellas Hess,

Profit

24,548

12,296,641

Operating

Gross

Sales —

Net

10,995,253 103,919,432

cents per

20

of

year.

in 1948 were as
and Dec. 24, 40

Payments
cents

declared

A similar distribution was made on April 1,

portfolio securities.
and

Operating

Net

Dec. 24 to stockholders of record Dec. 15.
A part
represents a distribution from net profits on sales

payable

95,510,535

10,971,362 103,719,039

revenues

revenues—

oper.

$

from

—V.

Nation-Wide Securities Co., Inc.—20-Cent
The

35,563,738
9,157.932
3,057,854

32,683,770
7,733,245
2,955,040

24,191,711

3.949,094

railway

from

Uncoliec.

$

October—
Gross

9

Southern Ry.—Earnings—

Norfolk

1947—9 Mos.—1946

$

12,321,199

Operating revenues

(2313)

Co.—Earning*—

1947—Month—1946
$

CHRONICLE

From January

From Jan. 1—
Gross

FINANCIAL

&

New England Telephone & Telegraph

Nashville Chattanooga & St. Louis Ry.—EarningsOctober-

COMMERCIAL

THE

Number 4653

Volume 166

a

linerboard,

loan of

capital

is

corrugated

$7,500,000 by

supplying

the

medium

and

wallboard,
the Reconstruction Finance

equity

money

to

supplement

loan.

cost of the project is estimated at more than $14,000,000.
of the plant, the first of its kind in California, will
early next year. It is expected to be in operation in 1949
with a minimum production of 500 tons a day of kraft paperboard,
500 tons of sulphate pulp and more than 200,000 feet of wallboard.
The

total

The construction

be

started

ware

in

Nov.

the

27,

BUSINESS—The company

1923.

States of

is

Company

South

Dakota

public

a

and

incorporated In Dela¬
utility company operating
was

Nebraska.

It

has

no

subsidiaries.

generating, transmitting, distrib¬
uting and selling electric energy in the east-central portion of South
Dakota.
It also distributes and sells natural gas in three cities in
Nebraska, produces and sells manufactured gas in three cities in South
Dakota, and supplies steam heating service in one city in South
Dakota.
Company has offered to sell its electric distribution system
in the communities of Niobrara and Santee, Neb., to a local electric
Company

is

cooperative

engaged

for

the

principally

sum

of

in

$60,000,

and

has

not,

at

present

been

advised
such

its

whether

the

sale,

For

and

the

not

or

its

lines

will

12

offer

intends,

company

transmission

munities

then

months

will
as

the

across

render

to

cease

accepted.

be

the

In

practicable,

as

soon

Missouri

River

electric

service

of

event

Permanente

dismantle

to

those

serving

96

cities,

villages,

electric

service

unincorporated

and

retail

at

29,184

to

communities

rural

will

areas.

tively,

are

the

of

names

unsubscribed

stock

week
of

purchased

each

by

&

::: i>€- V

William

—V.

'X/.i "

166,

J.

P.

Arms,

C.

S.

Ashmun Co

Caldwell,

untary

4.878

Inc

—

trust

3.048
1.829

output

Nov.

29,

kwh.,

loans

this

of

1947

for

and

its

Investment

certificates
dommdri

for each

Corp.,

will

for

investment

an

receive

7,203

stock

bids

shares

this

of

class of stock will

Dec.

be sold

for

10

The

$235,039

$2,008,116
2,243

$234,787

$192,614

$2,005^873

$1,170,701

after

190,045
25,349

170,232
14,396

1,691,533
162,643

—V.

166,

$7,986

$151,697

Rental

38,000,542

$4,769,830

$5,154,035

446,659

10,211

2,863

($50

income—*
of leased lines

17,

13,

offered

at

Interest

61,220

funded

on

for

debt

as

(without

117,827

166,

Total
Total

1,932,233

1,980,750

170,000

290,000

working

bonds

due

July

Operating

$7,948,394

$7,338,483

$68,054,139

19,282

200,173

and

Operating

Operating

$7,926,779

$7,319,201

$67,853,961

5,136,429

49,363,108

42,936,986

expenses

Operating taxes

1

1,018,974

1,088,474

9,539,339

$891,664

$1,094,298

$8,951,514

$10,262,160

902,762

1,094,252

8,838,217

Research

10,140,004

—V.

166,

company

Dec.

on

asked

1

Net

issory note in a like amount.
The company disclosed that

it

plans

to

issue

and

"subject

sell

City

of

Cleveland

York,

New

Trust

the

to

income,

Co.—V.

165,

City

market

ry.

railway
railway

1946

1945

1944

$27,656

$24,654

29,622

20,054

18,526

965

1,536

1,255

3,406

3,339

2,114

1,627

$3,951,

$3,245

2,253

2,137

$3;085

from

Net

from

Net

ry.

National

Cleveland

of

Bank
and

Earnings
—V.

the

1946

1944

1945

cost

a

$84,539

$140,910

31,8.32

24,521

86,364

and

1,151,206

$1.10

$0.77

share

2214.

p.

in

14,043

33,917

Manila

a

Co.,

New

of

copy

York,

Y.,

of

the

order

an

received from its
Supreme Court of the

pesos,

771,148

1,005,514

201,783

234,727

409,069

of the Philippines dated Nov.
19, 1947, authorizing the re¬
of
the company
to deposit with Bankers Trust Co. 341,960
equivalent to 2% of the $8,549,000 principal amount of first
mortgage bonds outstanding, and directing Bankers Trust Co; to dis¬
tribute such deposited amounts
ratably on account of the accrued and

760,313

46,307

44,464

133,181

297,908

1,350,088

unpaid interest

1893.

been

set

for

make

a

the

of

the

funds

distribution.

further

by

It

the

is

announcement

Trust

expected

company

that

funds

when

no

Phillips Petroleum Co.—Stock Sold—It

Ban

Francisco

Stock

3 Va %

Exchange

26.—V.

166,

p.

the

to

2213.

Kansas City, Mo.—Files with SEGM '

24 filed

Nov.

on

Nov.

admitted

were

a"

letter

notification

oi

with

the

owC

for

2,950 shares ($100 par) 5% cumulative preferred, 1947 series.
Of
total, 2,700 shares are being offered through the following under¬
writers: George K. Baum & Co. and
Preseott-Wright-Snider Co., both
the

of

Kansas

City, Mo.; and
remaining 250 shares

The

holders

price,

and

$100

former

share.

a

preferred.—V.

Kenneth
will

be

shareholders

162,

Proceeds

Van

Sickle,

offered

directly

will

be

to

by

Inc.,

certain

the

used

to

retire

6%

corporation's

dealings

ry.

ry.

announced on Dec. 3.
The warrants, which evidence
right to purchase common capital stock of the corporation at
$18
per share, expire at 3 p.m. cn that date.
Transactions in the warrants
was

will be

for

cash only

beginning Dec. 24, and through Dec. 29.—V.

The
of

Parke, Davis & Co.—Arranges Bank Credit—
The company

has arranged

With the National Bank
sion

The

purposes.

company

also

has

loan

to

three-year revolving credit
the proceeds to be used for expan¬

interest

fund

up

at

the

to

rate

of

$10,000,000

1^4%,.

into

a

h 'J - "•«

seven-

serial term loan maturing on Jan. 31, 1958 at 2 lU %.
Banks participating with the National Bank
of Detroit include
Detroit Bank, Manufacturers National Bank of
Detroit, National

Bank

of

New

York,

New 'York.—V.

Bankers

166,

p.

Trust

Co.

and

Guaranty

Trust

and
the

City

Co.

Net
/ J <r

f.ri

»v

ry.

oper.

1944

Net

from
ry,

railway
railway

oper.

747,635,224 682,619,891
96,250,871

income___

27,396,411

—V.. 166, p. 1996.

798,328,871 848,994,579
61,207,018 176,758,361 233,158,302
19,672,123
94,911,742
92,426,396

blower

October—
from railway

1947

Net

19.46

1945

1944

$823,489

$861,432

$739,843

$831,490

♦80,245

14,734

*19,320

.65,345

.

Gross

from

railway
Net ry. oper. income

*316,898

*173,866

*229,889

*129,332

9,851,281

9,548,662

10,069,064

railway
Net from railway
Net ry. oper. income—

819,621
*1,577,113

959,679

2,343,130

2,966,226

*1,089,024

43,041

637,497

There

have

been

called

redemption on Dec. 29, 1947, out of
monies in the sinking fund, $101,000 of
refunding mortgage and col¬
lateral trust 3V4% bonds due 1970 at 106 and interest.
Payment will
be made at The New Yrt"k Trust Co.,
trustee, 100 Broadway, New
York, N. Y.—V. 166, p. 763.




.

.

32,607,961

35,<17,653

6,295,275

7,661,284

*662,949

3,356,125

412,441

657.396

3,733,199

5,942,437

576

Cr2,952,171

Cr3,732

436,522

4,927,658

4,511,087

revenue

Auxiliary Operations;

Net

392,291

.340,397

__

revenue

net

tTaxes

1946

1945

1944

$260,878

$189,459

$113,395

,

$

3,417,729
2,717,096

r.

,

42,511

1,968

*31,537

56,585

33,237

*4,264

*13,340

revenue

accrued

,,.700,632

$116,429

77,657

Operating

income

♦Includes:

Depreciation
Deprec.

2,104,599

1,438,324

1,213,293

1,286,585

708,577

281,753

247,241

229,962

535,814

.

166,

adjustments

170,167

177,498

176,614

Payroll
U.

dividend of

a

Exchange

to Dec.

due-bills

on

Dec.

dividend

said

ex

Govt,

S.

one

share

30,

must

2

directed

until

Dec.

that

the

1947;

30,

capital

redeemed

be

on

Jan.

1948.—V.

2,

164,

it

pany,

incomplete

Government's
removed
*

•

Nov.

on

from

or

Part

of

blast

furnace

blast

present

complete

to

location and

installed

at

the

furnace

at

an

Monessen

Pig

Arranges Private Loans—The

com¬

Bartsch,

timberlands

mills

for

and

and

logging

assures

facilities

operation

years.—V.

many

166,

of

p.

the

on

the

Olympic' Pbninsula

company's

three

2108.

north¬

^

Reading Co.—Earnings—
October—

Net

1947

from

railway
railway
oper. income

Net

ry.

1946

$9,244,130

2,523,857

1,898,674
964,909

1,200,761

$8,478,198
733,851

from

Net

from

Net

ry.

—V.

railway

railway-

83,620,703
13,802,890

21,729,715
10,062,012

income

oper.

166',

95,635,886

5,868,829,

1944

,

$9,710,288

,

2,333,163

852,7541 ,1,146,858

From Jan. 1—•
Gross

!%<

1945

$10,633,709

from

92,811,216

96,873,390

22,784,826/29,323,386
11,336,335
11,857,298

1895.

p.

iron

operation

blast

furnaces,

of

the.

Monessen

furnace

the

company expects, to
month for sale to other

together

have

with

18,000

to

manufacturers.

2214.

p.

—

announced Dec. 5, has arranged loans total¬

the

Washington,

Gross

'

the

1,563,016

the

the

in

Pa.,

of the appraised

1

•••

proposes

Monessen,

at

includes one or two turbo blowers
furnace at- Cleveland,: Ohio.
This

114,012

1792.

proceeds are to retire existing term loans, according
President, and
the
balance
is
being used
to
recently announced acquisition of a controlling interest
Poison
Logging
Co.
This
acquisition
gives
the
company

pay'for

the

of

was

Edward

to

west

approval

announced

approximately 97%

sale

its

20

and

taxes.__

166, p.

ing $20,000,000 from the Metropolitan Life Insurance Co.
and a group of banks.
The loans are to be amortized
over a period of 15 years.

all

that

12, 1947, in settlement of Exchange con¬
1947, must be accompanied by due-bills;

Administration

be

income

Rayonier Inc.
capital stock,

of

6,0G2,102

profits

+Loss.—V.

has declared

Stock

taxes

excess

1792.

p.

20,000 tons of basic iron each

Red Rock
Richard
Nov.

25

Mr.

D.

Bottling Co., Cleveland, O.-^New President

Barr

has

been

by G. Everett Parks,

Barr

elected

President,

it

announced

was

on

Chairman of the board.

was

formerly associated with Red Rock Bottlers, Inc., At¬
lanta, Ga., and was previously Vice-President and Manager of the Red
Rock Cola Pittsburgh plant.
Red
Rock
Bottling Co. of Cleveland, Pittsburgh and Youngstown,

bottlers

■

1947

ry.

1946

1945

1944

$616,841
157,400

$468,640

$369,389

$622,017

78,366

*16,763

railway
railway

oper.

82,718

10,160

220,458

income—

(Robert) Reis & Co.—Registrar Appointed—
The

From Jan. 1—

Gross

from

Net
Net

ry.

railway

from

railway
oper. income—

♦Deficit.—V.

Madison

366

193,445

108,638

1

from

from

Net

of Red Rock Cola,
Hep, Clicquot Club Ginger Ale and Soda
RICHardson Root Beer, have appointed Harold
Merckle Associates,
Ave., New York 17, N. Y., public relations and
publicity
counselor—V. 166, p. 1523.

and

Pittsburgh & West Virginia Ry.—EarningsGross

for.

2,225,911

794,809

furnace.

two

Net

Pennsylvania Water & Power Co.—Partial Redempt'n

$

103,382,823

3,853,666

cars__

707,634

Government's

October—

♦Deficit.—V, 166, ,p. 1894.

of

82,543,824

t50,224

full-scale

166,

12 Mos.—1946

1947-

$

10,335,411

166, p. 2414. " >f

production from this furnace will result in the
16,000 tons less of scrap each month and make
possible production 6f 36,000 to 50,000 tons-of steel ingots, 'thereby
augmenting steel. supplies for tubing, plates, sheet and strip.

—V.

from

$

689,823

24,010

10.772,788

From Jan. 1—

Gross

1947—Montn—1946

9,792,971

11,017,410

Net

company/purchasing

own

2214.

p.

5,632,327

remaining

additional cost of approximately $1,300,000 and will miake every effort
to begin new pig iron production by May, 1948, the announcement said.
The blast furnace has a capacity of about 450,0d0 tons of pig iron

its

corpora¬

1,502,443

company

Upon

this

by

231.564,000 kwh., as
corresponding week last year,

the

639,600

the

year.)

for

Corp.—Output—

served

totaled

740,672

prior

will

The

1947,

75,149

quoted

all

at

companies

29,

51,894

York

the

located

Mt.

2,837,538

income—

Assets

of

division

3,578,210

to this company for
$2,126,000,
fair Value of the facility.
The

per

Pennsylvania Reading Seashore
Lines—Earnings-

166,

revenues

extensive

Monessen

from

Net
>),

income---

1945

12.5% .—V.

Period End. Sept. 30—

in

sale

1946

$81,278,400 $78,018,089 $72,169,675 $86,048',421
9,973,094
12,854,724
12,346,790
25,400,104
3,226,633
8,623,567
4,244,069
10,054,199

kwh,

company

327,181

income—

not

made

War

From Jan. 1—

Gross

J 8

railway
railway

Nov.

the

company's

1997.

operating

ended

of

appliance

the

to

402,331

The

Pittsburgh Steel Co.—Buys Blast Furnace—
1947

from

from

p.

President

5,772,663

of

954.

October—

Net

166,

of

accessible

10,316,777

2325.

p.

office

where its domestic

4,891,655

value, for each two shares of capital stock,

that

the

+Included:

New

be

and

1.427,294

certificates delivered after Dec.
tacts

Pennsylvania RR.—EarningsGross

stock

The

year
:/'<

of

director

a

Corp.,

Knickerbocker

587,705

of $1 par value,
record
at
the
close
of
business
on
Dec.
12,
1947, payable
1947. Scrip will be issued for fractional shares.

30,

The

is

Cory
of

2,268,363

company

Dec.

He

of

49,607,367

railway
railway

par

and

committee

917,608

railway

oper.

held

$10,000,000

carries

option

an

a

of Detroit,

$i

executive

111.,

Sleeping Car Operations:

Pittsburgh Forgings Co.—Stock Dividend—

i66,

City.

City,

5,290,993

♦Deficit.—V.

2107.

buving

York

Car

(The) Pullman Co.—Earnings—

the

p.

the

in Pittsburgh,
Co., Inc., Mr.
department of Kulin,

Steel

38,835,607

from

Net

30. it

suspended

of

readily

205,765,000

of

will

headquarters

Pressed

97,927

railway

from

be

increase

an

First

Snyder

609,473

From Jan. 1—

Net

will

with

Mr.

4,974,807

1947

oper.

1947,

110.448

Pittsburg & Shawmut RR.—Earnings—

from

warrants

is

the

of

week

board

548,253

shares offered.

from

with

of

New

the

Peoples

4,692,900

October—

frmo

January,

York

of

of

Conducting car opers.__
General expenses

See further details in V.

the New York Curb Exchange at the
opening of the market

on

Dec.

cn

purchase

output
the

compared

Total

Airways Corp.—Warrants Expire Dec.
stock

that

Chicago,

which

revenues

Gross

The

for

expenses

Net

Pan American

the

Chairman

President
director.

a

Public Utility Engineering & Service
Electric
tion

Total

Gross

recently.

proposal.

City.

plant.—V.

Total

Net

30—

to

and

111.

Downie,

New

of

elected

was

elected

bankers,

Corp.,

announced

moved

shares

Offering

outstanding

York

was

4

was

Manager

as

Title

Chairman

]jurcht&e'd by theuftderwrifkrs fieaded by The First
Boston Cbrp. ahfr'soid t>y them'5 at $54.50 per ^hare on
Dec. 4.

the

announced

was

were

Emporia, Kan.
officers, share¬

companv.

3197.

p.

/

financing

announced

subscriptions had been received for 983,507

that
in

1,007,517

Palace Clothing Co.,
The company

debentures

$2,000,000
of

favor

A'l nthe'* maintenance-..

the company's offering of additional common
shares to stockholders at $49 a share.
The rights expired
Dec. 3.
This represented a 97.62% subscription to the

Pacific Telephone & Telegraph Co.—Bonds Listed—
40-year

also

Co.,

investment

♦Maintenance

5

was

in

Inc.—Snyder Chairman—
C.

Chairmanship

resigned

New

located

Total

shares

new

voted

company since
duties
immediately,

the

and

been

Trust

new

Co.,

Vernon,

Bankers Trust Co.
available.—V. 165,

are

.

Dec.

the

which

Corp.,

the

Lawyers

Hospital,

has

date

3398.

p.

Building—

&

Robert

on fthe bonds.

receipt*

Pending

approved

83%

Dec.

on

Col.

of

has

&

trustee

a

Republic

Bank

$100,000,000

Ba..k

accept

the

of

is

has

N.

25

Finance

Jr.

and

his

To

It

Trust

Nov.

on

stockholders

Snyder,

director

Snyder

1946

$35,386,000

1,597,130

charges

,

The

A

ceivers

8,888

passenger elevators have been installed in the
building at Dallas, Texas, by this company .at
approximately $110,000.—V. 166, p. 1894.

of

taxes

common

Bankers

counsel

high-speed

new

National

per

166,

The

will

Four

I.

National

Pa.

Philippine Ry. Co.—Interest Payment Authorized—

-Earnings-

Otis Elevator Co.—Installations in Bank
First

after

2,799

N.

directors

of

Loeb

$84,992

income
p.

30

1947

of

666,864

166,

Nil

$49,267,000

.

*320

railway

♦Deficit.—V.

$3.90

Sales

15,120

railway

oper.

1,372,143

share

common

$3,050

1,500

Pressed Steel Car Co.,
*20,477

condi¬

first mort¬

$31,034

income

oper.

per

Years Ended Dec. 31

*20,477

1,372,143

outstanding

1,500 shs.

EARNINGS

Dull, President, discussed the internal reorganization of
company already consummated and plans for expansion now made
possible by the new financing.—V. 165. P. 2803.

Cr798,147

EARNINGS FOR QUARTER ENDED SEPT.

From Jan. 1—

Gross

taxes

5,632,005

shares

Net income

Chase

OF

the

has

1947

from

from

after

2548.

p.

October—

Net

items,

Cr290,000

4,833.858

items

Outstanding
$150,000

3,604

Reconstruction

assume

$10,000,000

Bank

Oklahoma City-Ada-Atoka Ry.

Net

non-recurring

FINANCING

1584.

common

Floycl

595,668

income

nine-month prom¬

a

PRESENT

$250,000

Fed¬

stockholders

the
the

borrow

to

Jr.'

Gross

excl.

non-recurring

Earnings

SEC

satisfactory

competitively

National

the

of

to pay

gage bonds to aid its construction program.
The $3,000,000 loan w.ill be made by
the

the

:

The

by
Of

*310,477

2,500,000

reserve

Common

Financing—

permission

TO

1967_

Preferred Accident Insurance Co., N. Y.—RFC Loan—

$

72,465,000

13,005,326

reserve

Penn¬

$36,978

money

income

John

$3,000,000 from three banks before Dee. 31

tions,"

taxes

1583.

p.

Ohio Public Service Co.—Plans
The

1946

5,075,800

Net

Net
-

and

reserves

Taxes

10,167,375

operating income
Net after charges

Net

before

Inventory

$63,366,521

6,016,141

revenues.-

1947

157,209,000

Income

in

capital.

1,

State

166, p.

Corp.—Earnings—

Sales

of

15,299

borrowed

on

shares

$685,798

$

145,635

500

$31,295

income,

on

eral

re¬

(subordi¬

2,000 shs.

income

Taxes

—V.

$63,512,156

21,615

revenues
Uncollectible oper. rev._

bonds

incorporated

was

($50 par)

expenses

Net

Nine Months Ended Sept. 30—

165

amended.

as

Dividends

1947—9 Mos.—1946

been

Philadelphia,

underwriters)

Aug. 31, '47

1996.

p.

Philco

had

1947.—V.

$300

SUMMARY

207,457

$284,519

24,

Company is engaged in the business of making
to any borrower, and of
charging such rates
and making such additional
charge in connection
authorized by the Pennsylvania Small Loan Act of

; are

1915,

Common stock

2,506,414

.

share

per

Sept.

par.

BUSINESS—Company

$5,670,419

*

view

therefor

debenture

227,381

Balance

Ohio Bell Telephone Co.—Earnings—
1947—Month—1946

cents

Authorized
5%

Int.

—V.

Period End. Sept. 30—

62 >/2

including

CAPITALIZATION, GIVING EFFECT

2,602,356

income taxes

quarter
in

1935.

exceeding

PURPOSE—Additional

$5,216,489

deductions

last

stocks

Small Loan Co., Inc.—Debentures Of¬
& Co., Inc.,

par)

AND

516,384

$179,391

841,288

1583.

p.

income

Miscellaneous

150,022

$19,393

charges

not

interest

1946

41,427,693

taxes)

of

and

8 Mos. End.

Provision

Net

inc.

stock

sylvania May
loans
of

$46,197,523 $43,154,577
(excl.

the

declare

preferred

Yeatman

also

company

HISTORY

June

1947

to

up

1,231
Gross

income

3,795

to

second

conserving cash for the introduc¬

cently offered $150,000 5% debenture
nated) maturing July 1, 1967 at par.

therewith

Non-operating income

$1,171,932

taxes

voting

STATEMENT

revenues

Operating

1947—9 Mos.—1946

$192,740
126

expenses

of
and

certificates

trust

distributions

issues

fered— Suplee,

invol¬

separately.

EARNINGS

Operating expenses and taxes

252

rev.

Operating revenues

purchase
preferred

and
for

need

Camera.

quarterly
both

on

action

no

the

Pottstown (Pa.)

the
1946.

Polaroid

took

2

preferred

and

2142.

common

voting

Nine Months Ended Sept. 30—

1947—Month—1946

Operating

operating

of

undergoing

company

participating

company.

CONSOLIDATED

Operating

Period End. Sept. 30—

Net

for

increase

an

week

2213.

p.

1.219

Co

Ohio Associated Telephone Co.—Earnings—

Operating
Operating

kwh.,

corresponding

the

of

first

income

Regular

subsidiaries

139,126,000

to

the

over

;

"XS'l

tion

Dec.

on

the

on

reduced

p.

1.219

Phillips

5.488

Co

revenues
Uncollectible
oper.

directors

dividends
of

capital.

working

and

company

amounted

10%,

or

dissolution,

shares

2107.

p.

166,

Transit

4.878

Co

5.488

Inc

Staats

R.

&

Wood & Co

Park-Shaughnessy & Co.

5.488
5.488

Co

Co.,

Collins

Harold E.

5.488

The First Cleveland Corp.

Kalman &

Julien

8.536
'6.707

it

Ames, Emerich & Co., Inc.
Cruttenden

Polaroid Corp.-—Dividends Deferred—

The

Davis & Co
—

bank

reduce

a

common

Philadelphia Transportation Co.—Bids-

Stifel, Nicolaus & Co., Inc.

34.758%

Co'.l1

of

respec¬

Percentage
5.488

Percentage
Paul H.

—V.

the

electric
ended

12,686,000

follows:

as

A. C. Allyn & Co
liOewi &

and

underwriters

several

be

to

Co.

to

used

be

The

the same date,
the company supplied at
retail natural gas
to
11,412 customers in three cities, manufactured gas to 8,387 customers
three cities, and supplied central steam heating service in one city.

of

&

registration statement with the SEC
stock
(par $1).
Underwriters,
and Schwabacher & Co.", San Franciscp.
Proceeds

shares

Philadelphia Electric Co.—Weekly Output—

in

UNDERWRITERS—-The

Calif.—Registers

made

At

percentage

Oakland,

Monday, December 8; 1947

The

150,000

Witter

Dean

in

customers

and

Cp.,

The company on Nov. 24 filed

covering

ended

supplied

company

Cement

FINANCIAL .CHRONICLE

with SEC—

Nebraska.

in

&

com¬

July 31, 1947, the company derived ap¬
proximately 66.5% of its operating revenues from the sale of elec¬
tricity, 24.6% from the sale of natural gas; 8.6% from the sale of
manufactured gas, and 0.3%
from steam heating.
At July 31, 1947,
the

COMMERCIAL

THE

(2314)

10

u

5,648,665

3,918,437

5,839,161

6,104,761

1,448,427

417,612

1,643,890

1,874,592

978,414

400,110

1,124,731

1,528,560

166, p. 1895.

Central

appointed
ence

$1
—V.

par

$10

value;

166,

Hanover Bank

registrar

stock,
p.

par

and

2108.

for

&

126,522

value;

720,559

Trust

Co.,

shares

of

100,000

shares

shares
of

New

$1.25
of

York, N. Y
dividend

second

common

has been

prior

preference

stock,

$1

par

prefer¬
stock,

value.

directors

Dec.

on

declared

2

the

regular quarterly

cents

share

per

record Dec.

Jan.

1948

5,

Fiscal Years Ended

dividend of

on the capital stock, payable Dec. 22 to holders
dividend of 50 cents per share, payable
stockholders of record Dec. 22, 1947. No extras were
paid during 1947.—V. 166, p. 1724.
40

of

(Joseph E.) Seagram & Sons, Inc. (& Subs.)—Earnings

Dividend of 50 Cents—

Reliable Stores Corp.—Extra
The

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4653

Volume 166

15, and an extra

July 31—

1947

Profit after all operating charges
Income and excess profits taxes
Net

$38,603,971 $20,420,746

---

1724.

Seattle

Gas

Union

&

Bag

below.—V.

Corp.

Paper

1523.

p.

Dividend—

York, successor depositary, 140 Broad¬
way, New York, N. Y., will disburse on Jan. 6, 1948, dividend for the
year
ended Sept. 30, 1947, of 307*
less British income tax, to the
registered holders of American shares certificates for ordinary regis¬
Trust

Co.

New

of

Net

from

Net

82,113

income—

oper.

ry.

332,589

256,942

railway—
railway

19,934,742

21,622,570

5,428,832

6,560,867

from

Net

ry.

income—

2,002,070

2,436,067

—V.

1,769,660

oper.

166,

31,757,390
16,848,310
2,745,580

27,937,039
9,570,451

from

Net

1895.

p.

PURPOSE—Net

tirety to:

(li

proceeds

The

to applied by

are

EFFECT

TO

PRESENT

1st mtge. bonds,
Note

payable,

cumul.

3%%

2 V2 %

Rieke

until

stock..

interest

had

when

1945

Approximately

Rieke

interests.—V.

company

for

25

purchased 57,000 shares of the capital
shares have been re-purchased; by "the

62,000

152,

this

of

control

in

been

Miller

2719.

p.

HISTORY

population

Net

from

1946

1945

1944

$573,749

$493,619

$421,652

$489,065

88,613

Net

railway

64,200

13,449

62,146

railway
income

oper.

ry.

26,889

*20,093

22,054

19,086

from'

Net

from

Net

ry.

4,844,943

4,263,596

154,653

4,312,503
235,776

*511,058

*209,218

*63,141

income

oper.

♦Deficit.—V.

(par $10)—

500,000 shs.

Net

Net

for
in

Feb.

sale

of

1947.

25,

Seattle.

in

gas

The

stock

each

l/10th

of

bearer,

be

old

of

share
be

be

plan

In

provided

exchanged

share

a

form

stock

common

$954,616
92,880

441,822

income—

from

Net

97,690

97,204

189,873

*247,348

14,106,937

12,920,735

14,999,206

3,369,619

6,408,005

7,605,513

1,904,865

1,274,378

1,860,744

income

Gross

16,081,863

3,870;7ll

operating

Other

railway
oper. income-..

ry.

*

Deficit.—V.

166, p.

the

1930

of

new

issued

for

second

October—

Net

from

Net

ry.

railway

1947

1946

i*

OF

fractional

The

1944

that

interests

Landeryou

&

Co.

and

INCOME,

9

MONTHS

from

Net

ry.

♦Deficit.-V.

Chemical

—V.

p.

Trust

.Co:,

New

and

common

Net

ry.

$293,641

95,422,768

96,469,189

from

16,943,444

8,637,466

24,995,542

30,319,507

share, both payable

7,971,068

4,019,574

12,015,918

14,156,808

holders will not be

The

1

directors

166, p. 1827.

in

Nov.

on

ordinary

bution

income

stock

Ry.—Earnings—

1:>46

1945

declared

28

and

Dec.

from

from

Net

ry.

$237,356

$258,403

$255,382

38.503

698

44,227

50,347

*8,922

*37,932

8,430

15,091

gains

as

166,

p.

in

1946.—V.

166,

p.

3,288,396

1,385,169

a

341,924

callable

bonds and second

123,

commission of 75 cents.

Dec, 4.—V.

166,

South

Building

The

offering

Net

from

Net

ry.

Title

The

1945

1944

$299,590

1,496

2,907

*12,528

Building

Annex),

Insurance

Los

Angeles,
to

All

$176,467

be

Co.

(Edwards

Angeles,

Los

Calif.

it

Calif.,

Dec.

On

the

if

Co.,

until

leasehold

be

at

EARNINGS

*59,bi2

*47,330

*o3,7U3

4,008

2,503,400

2,193,354

2,419,028

Total
Total

67,139

41,208

99,945

133,255

*569,352

income

*521,958

*429,813

*395,885

co-trustee,

Dec.

South

433

opened

price

a

declaration

Air

group

headed

award

Dec.

brings

total

1946.—V.

payments

166,

p.

in

1947

to

lower

than

FOR

SIX

ordinary

(including

MONTHS ENDED OCT.

31
1946

$130,328

102,990

Amortization

of
on

taxes

bond

bid

issue

99.66

the

was

for

issue

will

estimated

a

awarded

234.%

EARNINGS

on

be

to

used

be

to

provide

$10,015,411,

of

for
new

not

more

railroad

Net
Net

from

from
ry.

a

bid

of

OCTOBER
1947

railway-

$9,426,093

railway

oper.

than

99.262.

Salomon

Bros.

& Hutzler

expense.

766

from

Net

from

Net

ry.

—V.

1,480,138

income

501,455

$15,125

railway

railwayincome.—

p.

16,753,210

1,078,993

1,109,188

4,247,098

4,557,556

38,398,519

32,657,043

♦Net

FIRST
1946

TEN

*$3,540

bank

in

of

terms

SHEET,
and

trust

OCT.

hand,

on

indenture

31.

1947

$13,442;

(for

cash

payment

(trade),
ferred

leasehold

$1,301;

estate,

total,

$51,779;

expenses,

LIABILITIES—Accounts

equipment,

of

by

co¬

deposits,

(net)

etc.

$593,900;

de¬

$729,167.

payable and accrued liabilities, $15,984; taxes

accrued, $39,430; accrued interest on bonds

or

held
lease

accounts receivable

(at rate

of 5%

lease deposits and advance rentals, $1,810; in¬
bonds, due Nov. I, 1956, $742,000; capital
value), $1,553; deficit, $88,606; total $729,167.—V. 162,

$18,550;

annum),

come

leasehold

stock

($1

par

mortgage

ry.

1945

1944

$8,966,047 $10,217,454 $11,639,905
2,970,857
1,320,250
4,228,222
463,960

1,535,415

1,867,205

97,793,820

92,863,218

110,361,461

117,976,596

18,358,226

16,187,623

34,562,507

44,797,737

7,243,340

7,903,590

15,949,751

18,849,003

2108.




oper.

income-

provision

interest charges on outstanding debt,

for

or

other

ry.

railway

from

Net

3,453,807

2,836,587

2,985,801

income-—

oper.

1944

1945

1946

$37,698,949 $33,301,889 $39,441,005 $40,749,167
8,789,841
2,506,476
4,803,695
10,709,352

railway

from

Net

COMPANY ONLY

1947

October—

3,103,938

French

&

recently arranged for

a

Laboratories—The

before

Dec.

1961, carries
Dec. 31, 1956, and 3% thereafter.
Proceeds

laboratory
The
ness

will

31,

used

be

finance

to

The

note, due
interest to

2%%

train

costs

of

a

new

10,750
Dec. 2 announced
9,830 additional

its previous postwar orders for

company's

expenditures

for

new

rolling stock

millions of dollars. A. T. Mercier, President, said, and will
make a total of 20,580 freight cars ordered since the end of the war.
The present authorization,
it was stated, provides for addition of
3,350 box cars, 2,850 flat cars, 3,400 gondolas, 350 covered hopper
cars and 80 cabooses.
They will be for use over the railroad's system.
In announcing the new purchase plans, Mr. Mercier said that actual
placing of orders would be expedited with a view to securing earliest
possible delivery. Shortages of materials and construction difficulties,
he pointed out, have held back deliveries on the railroad's previous
large orders.
New freight equipment is coming through now in some
quantity but still not at the rate predicted by builders some months
ago.—V. 166, p. 2215.

company

in

in Pennsylvania June 29, 1929.
Company manufactures ethical drugs.

organized

was

1841.

Gross

over

Proceeds

a

Net

ry.

a

retire

of

be

used

to

the

balance

company

manufactures

hinges for the

currently

automotive

and

Soss,
aim

for

modernizing

of

President,
at

jeast

states:
a

00%

manufacturing

"This

acquisition of

increase

methods,

in

new

production

acquisition

2,643,933
218,376,284
87,509,270

24,400,376

27.362,298

1,941,169

ry.

railway

from

Net

oper

166,

P.

16,940,042

income
2215.

H. Rollins & Sons on Nov. 3

1,788,433

14,645,837

Inc—Stock Offered—E.
offered 10,950 shares of com¬

out¬

building

stock at $6 per share.

mon

capital

through
of

new

Proceeds go to selling stock¬

holder.—V. 166, p. 1828.

Southwest Lumber Mills, Inc., McNary,
in

Capital—Rights to Stockholders—

The

(par

authorized

$10)

shares

J.
to

us

2,603,828

182,692,180 177,576,125 212,018,062
40,467,344
34,105,093
78,042,968

income

railway

from

Southwest Gas Producing Co.,

industries.
Charles

oper.

From Jan. 1—

4% % interest.
a

railway

from

Busi¬

Privately—The

12-year period and bearing

will

1 °47
1<«6
1945
1944
$19,795,285 $18,943,322 $19,919,647 $22,120,064
4.778,618
3,997,483
7,094,098
8,573,662

railway

from

Net

—V.

standing long term bank loan of $425,000, with the remainder allocated
principally to the expansion of manufacturing faci'ities.

the

cars.
raise the

will

Net

construction

Soss Manufacturing Co.—Loan Placed

allows

of

many

Gross

Philadelphia.

at

founded

able

half

than

October—•

company

$5,000,000 sinking fund note with

the Prudential Insurance Co. of America.
or

Additional Equipment—
more

freight cars are still undelivered, the company on
was
calling lor bids with a view to puichasing

new

This

33,889,029

2215.

p.

Although

30,234,083

20,558,613

26,518,164

income—

oper.

166,

Southern Ry^—Earnings—

Kline

Smith,

on

railway

from
ry.

343,733,826 321,771,933 409,538,014 413,399,831
80,240,445
34,614,840 106,850,811 128,481,270

railway

from

Net

—V.

3200.

p.

it was announced Dec. 1, has arranged a $1,000,000 loan from the Prudential Life Insurance Co., pay¬

MONTHS

—

EARNINGS OF

by

taxes, bond interest, and bond retircmrnt), $68,746;

The

oper.

166,

16,911,548

92,264

it

2,000

company,
AND

From Jan. 1—
Gross

1,746,137

108,626

equip¬

coupon.-

FOR

October—
Gross

Cr67,883

1,860,394

(net)_

10,204

ment.

The

Crl2,158

(net)_

rents

19,412

10,204
1,207

income

BALANCE

per

of

13,184,691
12,134,295
21,554,316Cr25,8'57,692

1,389,719
1,373,346
2,281,936 Cr4,818,397
63
1,970

rents

taxes

To Buy

loss.

payable

the-cost,

6,751,410
7,877,904

facility

Cr4,194

profit

♦Net

to

inclusive. The certificates, issued under the
Philadelphia Plan, were immediately re-offered by the
group, subject to ICC authorization, at prices to yield
1.40% to 2.95%, according to maturity. Other members
of the offering group include Otis & Co.; Phelps, Fenn &
Co.; R. W. Pressprich & Co.; Blair & Co., Inc.; Equitable
Securities Corp.; L. F. Rothschild & Co.; Shields & Co.;
Freeman & Co.; Graham, Parsons & Co.; Kean, Taylor
& Co.; Wm. E. Pollock & Co., Inc.; R. L. Day & Co.; First
of Michigan Corp.; Mullaney, Ross & Co ; F. S. Yantis &
Co., Inc.; Mason, Moran & Co.; and Thomas & Co.

51,357,476

4,423,125 109,187,593
679,056
6,202,736
791,192
11,868,948

city

taxes

freight
Net

certificates,

1962,

1,292,998

and

Miscellaneous

103,494

taxesi

$2.20 per

RR.—Equip. Trusts Offered—A
by Halsey, Stuart & Co. Inc. won the

taxes-

taxes

taxes

Federal

Gross

18,550

ASSETS—Cash

of $7,500,000 equipment trust

1

insur.

county

Gross

lowest offers submitted wi'l
the redemption price of said

bonds retired

on

Federal

1056.

Line

11,856,004
675.170

fr. ry. opers._

St.,

16,

interest

series C, 2%%, maturing $500,000 annually Dec. 15,1948

of

Spring

$145,882

trustee under

Seaboard

$

42,134,059 437,355,440 406,761,738
37,710,934 328,167,847 355,404j262

Wildey

1,

Proceeds

rev.

retirmt.

State,

16,
1947 receive
bids
lor
the
bonds to an amount sufficient

Dec.

on

STATEMENT

expenses

Bond

1895.

share, double that paid in

75%

Net

Unemploy.
Fed.

mortgage

income

Discount

per

current

expenses-

Tenders

of $16,639.

sum

will

tenders

common

The

oper.

47,936,191
36,080,187

revenues-

$

$

$
oper.

From Jan. 1—

the directors declared the regular quarterly dividend of
share and an extra dividend of 30 cents per share on
stock, both payable Dec. 29 to holders of record Dec. 13.
Like amounts were paid on Oct. 1, last.
cents

1947—10 Mas.—1946

1947—Month—1946

Railway

♦Before

Trust

&

will

income

of

accepted,

53,595

Sangamo Electric Co.—Extra Distribution of 30 Cents

the

Co.—Transportation System Earnings

Southern Pacific

Net

p.

shares

nonoperating income items.

Depreciation

40

&
—

1947

166,

Co.—Hearing on Stock Sale—

of

Period End. Oct. 31—

bonds.

2,677,002

railway

♦Deficit.—V.

2215.

p.

Equipment

Sought—Earnings, Etc.—

RR.—Earnings1946

income...

oper.

withdrawn

was

1584.

p.

Grand

and

sale

911.

p.

$229,212

railway__1

railway

29,. 1947
for the

hold hearings Dec. 9 on application of the company
Commonwealth Si Southern Corp.) to sell a sufficient
($5 par) common, stock to obtain approximately
$20 000 000.
The latter fund would be used to purchase additional
shares of common stocks of its subsidiary'companies to assist them in
financing their construction programs.—V. 166, p. 2215.

Jt,

1947

from

Co.—Weekly Output-

Of

Railway

571.

294,558

$271,693

.

stock

will

of

number

per

1828.

railway

oper.

ry.

$1.60

output

(subsidiary

Share¬

amount to 65 cents

From Jan. 1—

Gross

cents

1,147,693

October—

Net

with

1947 will

Dec.

share

per

23

3,203,953

outstanding first mortgage 4%

from

cents

of

92,421

Antonio Uvalde & Gulf

from

23

of

dividend

stockholders ~of record Dec. 18.

to

received by the company at the office
Fifth Street, Los Angeles 53, Calif., up
9, for the purchase of 800,000 shares of
(par $25).—V. 166, p. 2215..

be

West

on

preferred

SEC

The

,

given the option of taking the capital gains distri¬
asset value this year.
With; the dividend of 19 cents

compared

to exhaust

Net

been
stock.

496,365

Washington Avenue, Saginaw, Mich.—V.

Gross

has

2,923,049

callable bonds, both due Jan. l, 1952, have been called for
redemption on Jan. 1, 1948 at 100 and interest.
Payment will be made
at the Second National Bank & Trust Co. of Saginaw, trustee, 107-115

San

Y.,

preferred

232,531

mortgage

No.

N.

—

609
the

of

601

this company for the week ended Nov:
totaled
2,564,000
kwh., as compared with 2,324,000 kwh.
corresponding week last year, an increase of 10.3%—V. 166,

$207,035

810,191

income

Saginaw Shrine Temple, Saginaw, Mich.—Calls Bonds
All

137,877

will

bids

(PST),

Southern Colorado Power

N

3,324,683

railway

railway..,

♦Deficit—V.

$344,912

Shamrock Oil & Gas Co.
Special Offering—Merrill
Lynch, Pierce, Fenner & Beane on Dec. 3 made a special
offering on the New York Stock Exchange of 23,200
shares of common slock (par $1) at $29 per share with

income

oper.

written

a.m.

Southern

dividend

a

capital

a

29

166, p. 956.

Co.—Invitation for Bids—

1944

$279,600

railway

Net

share,

per

From Jan. 1—

Gross

its

9:00

cumulative

51,271

*•-

Selected American Shares, Inc.—46 Cents in Dividends

1,790,879

share in 1948.—V.

per

President,

Sealed

to

•

76,419,518

railway

oper.

60 cents

as

Southern California Edison

1,952,103

1998.

84,715,620

10 are

1946

$2,245,749

York,

Co.—May Pay 150 Div.—

scheduled to be held on Dec.

declare a dividend of 15 cents per share, according to ♦
This may not be construed as a regular dividend, but earnings
to be at a rate which would enable the company to pay as
to

said

are

much

30

3,541,493

1d47

from

SEPT.

cumulative

par)

their meeting

at

directors

reports.

Co.

135,677

&

($50

shares

Southeastern Public Service
The

old

$282,207

for ithe

*1,670,189
315,175

October-

Net

Si

$166,320

Bank

1,505,187

St. Louis-San Francisco & Texas
from

the

2,365,020

taxes

paid in June, this, year, total payments in

Gross

$5

$2,647,227
and

_

1,979,893

income.__

oper.

the

old

Co.—Registers with SEC

registration statement with the SEC
cumulative convertible preferred
and
1,091,586
shares
($4.50
par)
common.
Underwriter, Kidder,
Peabody & Co., New York.
Shares initially will be offered for sub¬
scription by
company's common stockholders.
Unsubscribed shares
will be offered publicly.
Proceeds, together with other funds, will be
used to purchase all of the outstanding common
of South Carolina
Power Co. from the Commonwealth Si Southern Corp.—V. 166, p. 2215,
Dec. 2 filed a

on

80,8'58

common

that

Shea

ENDED

$586,038

<•

interest.—V. 166, p. 1523,

excludes minority

South Carolina Electric & Gas

expected

deductions

1,035,434

railway
railway

139,500

$675,082

profit

certificates

scrip
and

net

The company

covering

1056.

p.

166,

232,400

104,400

taxes

income

NOTE—Above statement

exchanged

19,790

2,193,583

income

from

Net

of

of

new

be

$301,997

registrar

$8,959,032 $10,307,298

From Jan. 1—

Gross

of

(net»

Net income

166,

S.

taxes

income

Aggregate

name

stock

income.—

appointed

1945

$8,472,653

$9,462.810,•

railway

oper.-

Consolidated

Security Banknote Co.—Registrar—

•

from

U.

share

each

shares

stock;

common

for

that

5V2

preferred

income

interest

—V.

1895.

St. Louis-San Francisco Ry. —Earnings—
Gross

for

1,630,113

Total

135,553
52,500

182,700

___

Electric

railway

from

Net

Provision

Wash.

From Jan. 1—
Gross

Colombian

of

$1,513,760
726,849

$1,137,296

186,931

$1,145,991

152,505
46,100

for

1947

Net

1946

1947
$1,160,787

Provision

canceled.

STATEMENT

1944

1945

1946

$1,138,517

railway

railway

oper.

ry.

and

on

that

331,236

166, p. 2214.

1347

from

from

King County,
municipalities was 482,750.

1945 of

preferred

stock;

Subs.)—

(&

Co.

_

Depletion

company was changed to Seattle Gas Co.
In
1947 the capitalization of the company
was
changed pursuant
to a plan of recapitalization approved by the SEC,
which plan was
also approved and enforced by an order of the U. S. District Court,

St. Louis Brownsville & Mexico Ry. —Earnings—
Gross

in

Total .operating revenue
Total operating expenses

October—

26,890

AND

71,039

:-

Platinum

&

income

5,800 shs.
261,812 shs.

6,000 shs.

__

company
was
incorporated in
Washington
March
18,
1904,
the
name
of Seattle Lighting Co. and acquired the
business
property of the two companies then engaged in the manufacture,

4,278.592

26.857

railway

Gold

American

940,000

UNDERWRITERS—Smith,

railway

1946

$1,496,239

2146.

p.

Deprecation

The

From Jan. 1—

Gross

166,

Consolidated

under

and

first

1947

from

Gross

—V.

$5,100,000

-

(par $50)

31

364,013

earnings

BUSINESS—Company is an operating public utility
engaged primarily in the business of manufacturing, distributing and
selling gas to the public in Seattle and the municipalities of Renton,

entered

Rutland RR.—Earnings—
October—

OCT.

ENDED

$2,654,972

Net

Outstanding

series, due 1976

pfd. stock

conv.

Common stock

distribut

Michigan.

The
years

MONTHS

TEN

FOR

capital indebtedness consists
stock, whose regular annual
to $1 last month.

cents

50

FINANCING

Authorized

Kent, Tukwila and adjacent territory,
Rieke Metal Products Corp., Auburn, Ind—ControlGlenn
Rieke, President, on Nov. 21 announced that negotiations
have been consummated
whereby Irvin and Glenn Rieke have re¬
purchased control of this corporation from Miller Manufacturing Co.,
Detroit,

common
from

sales

South
GIVING

par)

1947

the company in their en¬
$250,000 to the Middlesex

of

($1

increased

was

company's

the

loan,

new

shares

rate

EARNINGS

a note for
and (2) To increasing working capital of

repayment

CAPITALIZATION

6%

From Jan. 1—
Gross

dividend

Nine Months Ended Sept. 30—

$3,129,076
1,573,673

176,911

the

195.000

Net

1944

$2,456,016
847,092

$1,950,016
487,762
182,089

$1,815,105

railway
railway

1945

1946

1947

from

of

Stock

Offered—Smith,
Landeryou & Co., Omaha, Neb. and Shea & Co., Boston,
recently offered 5,800 shares of 6% cumulative convert¬
ible preferred stock (par $50) at par.

RR.—Earnings—

Richmond Fredericksburg & Potomac
October

Preferred

—

National Bank, Everett, Mass.,
the company.

tered shares of record Dec. 4, .1947.—V. 165, p. 112.

Gross

Co.

program

force."

Besides

166,

Rhodesian Selection Trust Ltd—30%
Guaranty

entire

our

ployee

Reynolds Spring Co.—Sale of Plant—
See

greatest

the

a
result of the new
should be completed and our new facilities
well in operation within the next six months.
"Expansion is necessary
because
of a heavy demand both for
our
old
products and new ones which we have developed.
When
completed,
the program will require sizable increases in our em¬
loan

$66,088,971 $45,033,733
27,485,000
24,612,987

profit

166, p.

for

lines

equipment and rearrangement of production
possible efficiency."
We anticipate that as

1946

to

-V.

11

(2315)

for

of

new

one

to

capital

500,000

by

—

from 300,000 shares
The company offered 40,000
stockholders at $7.50 per share on basis

was

shares,

subscription

Ariz.—Change

share for each 7Va

recently

changed

(par $1).

shares held.

purchased by Imperial Trust Co., Ltd.,
shares outstanding.—V. 166, p. 764.

Unsubscribed shares were

Montreal.

This makes 340,000

** *>

nWMWw mill

12

THE

(2316)

Southwestern Investment Co.
tures Placed

Privately—The company prior to Nov. 1,
1947 sold privately to two insurance companies $700,000
4% subordinated debentures, due Nov. 1, 1956.
See
also V. 166, p. 2147.
Public

Southwestern

The SE'C on Nov. 26

pursuant

their

to

pre-emptive

rights.—V.

166,

Tne
and

said no date was set for a
possible subsequent hearing and that, as a result of the ruling, the
contemplated merger may collapse. He said any further action must
come
from
Mission
Corp.,
which, it is said, is dominated by the
Getty interests.
In Los Angeles, Federal Judge Leon R. Yankwich heard arugments
on
a companion petition filed by Mr. Skelly
to enjoin Sunray's merger
with Mission, and with Pacific Western Oil Corp. as well.
John Thatcher,

In

and

President

Wet

from

Wet

ry.

1946

1945

the

$160,139

$105,888

51,898

55,037

* 12,331

31.670

32,629

39,029

17,149

16,954

railway
income

oper.

Wet

from

from

Characterizing
less

Wet

ry.

1,602,507

1,312,505

1,763,897

1,725,226

418,022

304,240

596,775

529,373

153,480

146,528

213,787

196,879

income___

oper.

♦Deficit.—V.

166,

October—

1947

Wet

from

Net

ry.

railway

1945

1944

$1,724,199

$1,448,309

$2,316,578

522,171

398,584

'912,967

555,499

income--.

163,342

303,054

'717,240

348,602

18,300,046

15,684,186

22.109,448

21,571,568

from

Net

from

Net

ry.

railway

4,027,414

166, p.

2,340,301

5,997,081

6,855,940

1,197,250

income.-.

oper.

♦Deficit.—V.

1,057,459

2,808,735

3,348,249

1896.

gasoline plant in

announced

the Levelland

its

intention

of

which
time

will

natural

a

Brewster

and
He

Staples

Mr.

Mission
their

for

all

of

shares

6

of

the

Mr.

cor¬

that

the

approved

determination,

appeared

of

stock

Sunray

the

on

Sept.

1947
of

Sunray

Exchange

substantially in

price

of

Oil

ratio

this

same

of
earnings and dividends
period makes the proposed

was

still

thorough

their

judgment

of

"Prior

Mission

to

merger

selling

average

Exchange

a

the

of

from

York

approximately $35

Jan.

The

Stock

share.

two

for

1946

average

Exchange

The

seem

more

debt and
senior security
merged company is fully warranted by the assets and
earnings of the merged company," Mr. Staples concluded.
p. 2216.
the

166,

Philip

B.

Scott

have

elected

been

from

Net

and

Net

ry.

Vice-

1946

1945

1944

$346,077

$335,565

$393,362

associated

was

entered
left

the

the

with

the New

employ of Stone
in 1942 to

company

Scott

was

Websetr,

enter

the

Inc.,

Naval

and

director

a

of

for

in

several

January,

Reserve

& Webster in January,

Vice-President

a

&

York Trust Co.

1946.

General

and

Gross

24,502

69,582

81,354

*8,735

*24,093

58,968'

9,492

Net

from

Net

ry.

Texas
The

Period End. Sept. 30—
Gross Earnings:

Engineering

and

struction

ACCOUNT

19* i—9 Mos.—1946

$6,219,741

series

due

$11,367,008

the

Co.,

$120,000,000
For

1962.

New

first

offering,

N.

Y„

mortgage

V.

see

Corp.—Trustee—
York,
166,

has

been

line

pipe

appointed

bonds

3Va %

1998.

p.

2,414,461

1,777,427

from
ry.

1945

789,409

1,076,703

1.093,829

1,573,416

497,591

486,342

664,745

644,098

Gross

218,760

223,595

296,536

481,493

Net

from

$188,124

$190,921

Net

ry.

129,788

1,259,787

502,239

1,597,847

33,021

29,053

57,783

38,365

71,731

7.626

62,110

5,321

41,591

*32,033

2,427,133

2,049,530

1,861,370

1,992,418

income

41,360

Profit

from

in invest,

transac.

(net i

secur.

Other

subscribe

$12,466,266 $10,606,061

Operating
Taxes,

expenses

except

taxes

1,054,482

575,204

629,930

for

Int.

and

which

taxes

229,069

325,116

428,812

166,

387,357

583,764

503,887

Net

219,745

214,062

Net

ry.

of

Net

Net

973,000

1,394,066

1,331,540

Cr32,112

Cr2,412

Cr41,797

Cr2,412

$1,906,102

$2,412,658

$2,404,025

2,630,489

2 104,391

$1.14

$1.59

$0.91

$1.15

CONSOLIDATED

EALANCE

ASSETS—
on

©.

securities

Government

securities,
ing business
notes

cost

gas

less

1945

PURPOSE—The
the

$9,288',986

$11,261,856

1,916,650

2,650,307

4,720,826

1,261,297

1,720,969

1,343,573

1,133,621

93,621,614

84,989,805

1 01,921,080

111,660,436

28,947,148

16,742,636

38,614,390

49,272,024

11,880,355

income-..-

expansion of its existing facilities
Due to changing conditions
re-examination and change.
It is
currently estimated that it will cost approximately $10,000,000 to com¬

by

interest

1946

12,098,431

12,437,850

10,640,436

clients

on

and

receivable

construction,

at cost or less
mineral
interests,

other
for

2,793,43*3

is

6,157,382

stock

66,744

3,318,514

1,174,198

bank-

&c.

438,635

cost

less

436 718

494,274
re-

6,073,570

reserves

program

rights,
Prepayments

332,408

150,000
47,084

142,529

Deferred charges

193,902

139,288

etc

nine

months

With

ended

effect

110,557

$32,436,376 $33,846,817

The

Sept.

in

egel

the

the

the

Be

net

earnings

the

on

same

for

basis

the

30,

quarter

under

review.

the

to

Co.

the

of

largest

payable

(bank

Accounts

loans

loans)

$300,000

within

one

Provision

Interest
■Other

for

(amortization

yean
taxes

accrued

Reserve

Minority
of

110,000

on

construction,
shown

As

company.
of

subsidiaries

Capital stock
Capital

(2,104.391
surplus

Earned surplus

3,030,000

93,320
in

(since Jan.

no

pari

1938)

Interest
and

Res.

for

pens.

—V.

166, p. 2215.




to

for

oper.

previously reported, the Thermoid Co.
Manufacturing Co.

STATEMENT -OF

is

MINORITY

AND

LOSS

of

which

Union

and

Union
&

Bag

96,511

264,293

291,615

&

Paper
was

Paper

1861.

engaged primarily in the manufacture and sale of
bags, container board and corrugated sheets and bosses made
southern kraft pulp of its own manufacture.
Among the bags

paper

from

is

(such as potato and coffee bags),
fertilizer and sugar bagsi, grocers'
sacks and millinery bagsi.
Company
also makes and sells bags made from purchased paper and films, such
as cellophane
and glassine and white paper.
In addition the company
manufactures and
sells waterproof paper
(sold under the trademark
"Scutan 'i
and kraft paper and sells by-products from its pulp manu¬
facturing operations, of which tall-oil (used in soap, paint and other
(such

variety

is

1

specialty

are

bags

and

bags

cement,

as

(such

bags

the most

as

important.
GIVING

EFFECT

FINANCING

PRESENT

TO

Authorized
Notes

payable

Notes

Outstanding

+$3,000,000

+$10,000,000

banks

to

payable for purchases of timber589,361

Capital

stock

''With

<no

interest

various

at

dates

1,483,298 shs.

1,500,000 shs.

pari

if any,

rates,
from

to

1948

tThesc

1961.

and

to 5%

varying from 2%

notes

maturing

outstanding

are

dated Sept. 25, 1945 (as amended) between the com¬
s'x banks represented by J. P. Morgan & Co. Incorporated,
Under this agreement the banks have made a commitment

agreement

and

agent.

Sept.

Sept.

the

1948

25,

1,

notes

lend

to

Interest

1955.

t?he

up

company

at the

is charged

$10,000,000,

to

annual

ma¬

21/4%

of

rate

(until Sept. 25, 1948) a com¬
mitment fee is charged at the rate of V4 %
on
the unused portion of
the total commitment.
The agreement provides for annual prepayment
on

notes

1948

the

that

each

of

name

shares

scribed for

not

offered

the

have

number

underwriter

holders

to

$300,000

of

include

plus

lesser

the

the previous calendar
notes

which

the

com¬

its balance sheet.

underwriters

proportion

the

of

rate

the net profits of

current liabilities in

as

the

in

opposite

the

at
of

and

given above do

figures

carries

pany

in

$200,000, or 10%

iThe

year.

outstanding,

payable

beginning
of

amount

severally
shares

of

bears

to

stock

capital

agreed

pur¬

below

forth

set

shares,

211,861

shall

as

to

such

be

not

No. of

Shs.

25,361

BIyth & Co.,

Shs.
Merrill

12,500

Inc

Clark, Dodge & Co
Dominick

Hemphill,
F.

10,000

Dominick

&

Peabody & Co

W.

Marks

M.

sales,
of

&

Co.__

7,000

Inc.

12,500

3,000

Smith, Barney & Co
Union Securities Corp._

&

12,500

H.

G.

less

Rollins &

dis-

H. Walker &

12,500

12,500

Co

5,000

8,000

White, Weld & Co

10,000

Dean

Witter & Co

8,000

OF

INCOME

Sept. 30,'47

—Years Ended Dec. 31—

1946

$46,052,058 $44,871,180

&c.

products

Sons,

5,000

Co.

9 Mos. End.

Cost

Pressprich

E.

STATEMENT

counts,

12,500

Riter & Co

&

Space

&

Curtis
R.

5,000

Minsch, Monell & Co

Gross

12,500

Paine, Webber, Jackson

10,000

Inc.

Co.,
Kidder,

Beane

8,000

Lane,

Laurence

Lynch, Pierce, Fen¬
&

10,000

Weeks

Hutton & Co

Johnson,

nel'

10,00o

Noyes & Co.-__

Hornblower &
E.

sub¬

by exercise of rights, as follows:

Morgan Stanley & Co

25,508,986

sold__

1945

1944

$41,391,116 $39,021,078

29,269,240

26,417,863

25,728,567

5,258,436

6,569,876

5,740,712

5,336,266

$15,284,635
108,631

$9,032,064

$9,232,540

$7,956,245

224,773

275,389

180,792

$15,393,266

$9,256,837

$9,507,930

$8,137,038

Delivery, sell., adm„ &c.
profit

income

Gross

income

Income

income

295,313

Fed.

excess

taxes

286,884

5,650,000

charges

Federal

State

27,783

24,473

79,800

3,400,000

3,140,007

empl.

24,000

63,000

73,319

74,500

72,000
468,854

taxes based on inc.

2,605,065

500,000

482,812

4,060,000

profits taxes

3,438,868

50,000
550.000

315,000

161,456

282,641

$8,897,953

$5,254,953

$1,646,467

$1,277,650

2,860,142

1,652,521

1,080,486

953,336

73,417

293,400

corn-

&

Co. and
itself the

several other companies,
Bag Machine Co.,
a
patent-

Renegot. of war contracts

taxes-

yr.-end

consolida¬

the

by

Co.

Bag

Paper

of

mergers

Un'on

was

formed

was

of

Jersey,

The

formed in

company
company

Other

INTEREST)

debt

of

income

PROFIT

debt

expense

off.

New

in
Co.

consolidations

of

Operating

1947—3 Mos.—1946
1947—9 Mos.- -1946
$5,321,975
$4,871,524 $17,810,527 $15 796,491
1,495,920
144,195"
314,151
476,013
84,131

funded
&

Paper

Net

63,000

income

Dividends

Buys Building—
Net

147,588

5,000,000

5,000,000

8,926,605
7,111,318

6,884,854

from
—

amortiz.

$32,436,376 $33,846,817

profit

before

traordinary
*

Extraordinary

ex¬

income

The

$104,913

income-

$217,529

$610,973

464,366

$422,763
464,366

N.

by

*Net

income

$104,913

capital gain,

erties—V.

166,

p.

after reserve for

1156.

$681,895

taxes,

$610,973

$887,129

from sale of fixed prop¬

one-story

The

100,000

plant

manufacture

V.

building

on

East

State

Street,

Hamilton

Township,

J., which this corporation has just recently acquired, was owned
the Reynolds Spring Co. of Jackson, Mich. It consists of approxi¬

mately
Net

Total

on

discount

Prov.

8,926,605
1,

profit

Depreciation

84,118

812,167
105,791

shares,

Gross

&

approved.

Asbestos

(EXCLUDING

'
2,845,000

retirement program
capital stock and surplus

CONSOLIDATED

Period End. Sept. 30—•
Gross sales

1,174198

cur-

credits
for employee

interest

336,123

3,318,514

&c

under

19>685

487,012

amount

1,623,150

18>338
liabilities

110,000

1,926,659

liabilities

Deferred

Bag

to constant

BUSINESS—Company

1916,

4,

by

stockholder

4,564,132

due

accrued

Advances
by clients
Mortgage loans, less
rent

payments

$1,719,900

1,608,116

payable

Mortgage

AND

manufactured

LIABILITIES—
Notes

already

Oct.

oldest,

of new facilities.

subject

is

and

improvement

acquisition

items

on

outgrowth

of

May

proposed acquisition
of control of Asbestos
exchange of shares, this plan has been post¬
poned and will probably be canceled.
Counsel feels it inadvisable to
proceed in the face of the suit of the Department of Justice against
the Brake Lining Manufacturers' Association and its members.
Counsel
advises that there has been no violation of the law by the present
respect

officers

Total

Co.

1947 were $610,973 or 77 cents per share
as compared with $422,763 or 53 cents for the same period in 1946, on
only 602,464 shares of common stock outstanding at that time.
Due to rising material and labor costs, there was
a shrinkage in
gross profit
in two divisions which affected the net figures for the
third quarter of 1947.
Increased prices passed on *to customers did
take

the

No. of

outstanding.

now

Manufacturing

89,859

Patent

Manufacturing

as compared with $217,529 for the same period in 1946.
This
equivalent to 10 cents a share on the 652,464 shares of common

not

5,851,636
at

5,870,057

at

depreciation

and equipment,
depreciation

Asbestos

$104,913

4,896,043

depletion

Trenton, N. J.—Quarterly Statement—

F. E.
Schluter, President, on Nov.) 12 said in part:
Net profits from operations for the third quarter of 1947 after all
charges, including reserve for state, Federal and Canadian taxes, were

740,051

the

for

this

UNDERWRITERS—The

Plan to Acquire
Dropped—

3,745,089

investment

securities,

reserve

for

30

for

and

1933.

Thermoid Co.,

funds of

in the general

will be placed

proceeds

number of years has had under way a continuing

for a

company

program

of

railway

oper.

net

and used for general corporate purposes.

company

turing

1944

$8,832,170

3,066,164

railway

166, p.

383,891

to

Furniture
for

ry.

—V.

2,000,077

Employee retirement program fund
Office buildings and other real
estate, less
serves

SEPT.

$7,813,143 $10,033,116

cost

investment

Natural

hand

incident
and

at

advanced

Other

Net

2,790,990

Other

Cash

SHEET,
1947

Cash in banks and

Accounts,

from

from

$3,349,214

share--

per

Inventories,

Gross

to

admis¬

shares
rights being issued to

capital stock and the warrants evidencing the

chase

COMPARATIVE

S.

122,954

1,199,965

int.

paid

income

100,270

Net

income

Dividends

92,188'

Federal

minority

1946

$10,237,242

income

oper.

the exercise of rights are
the price to public.

stockholders.

expiring

From Jan. 1—

income

on

-Earnings—

1947

railway
railway

from

160,284

void.

be

for through

the underwriters at

LISTING—Company has made application for the listing or
sion to dealing on the New York Stock Exchange of the 211,861

1933.

p.

from

164,329

and

will

warrants

shares not subscribed

purchased by

under

October—

of

74,893

for

to

8,792,788

461,754

amortiz.

debt expense

Apphc.

11,736,528

shares held

six

warrants

by

such

time

Any
be

pany

Gross

deprec. & depl.

Provision

6,582,986

shares of capital stock at the rate
on the record date.
Such rights

211,861

share for

a

for each

will be exercisable only upon sur¬
render of such warrants and payment of the subscription price at the
office of J. P. Morgan & Co. Incorporated, 23 Wall St., New York 8,
N. Y., subscription agent, at or before 3 p.m.
(EST) on Dec. 16, after

793,214

514,942

income—

Texas & New Orleans RR.-

$14,312,033

Federal

income

on

Prov.

8,691,335

$16,396,601

$26

evidenced

be

lands

railway
railway

''Deficit.—V.

at

share

one

will

as

Total

Co.—Stock Offered—Morgan Stan¬

ley & Co. have underwritten the subscription of 211,861
shares of capital stock (no par) by stockholders at $26
per share.
Company is offering to stockholders of record Dec. 1 the right to

From Jan. 1—

oper.

1933.

p.

$181,068

115,809

fiom

13,817
*405,581
*531,308

1944

$240,212

railway

166,

Union Bag & Paper

*

Rents

N—

Deficit.—V.

income

CAPITALIZATION

1946

railway

oper.

underwriting
and trading, etc

Dividends and in■erest

railway oper.

products

Ry.—Earnings—
1947

from

Net
Net

1.310,840

Secur.

Net

railway

multi-wall

October—

$8,196,392

Gross

1,765,288

412,435

1947—12 Mos.—1946

Supervisory and other
services

1,057,387

Trust

Texas Mexican
$9,032,409

642,750

255,406

Eastern Transmission

for

con¬

services

4,139,572

279,672

*155,106

166, p.*1933.

Manufacturers

Trustee

„

from

*

$11
*30,583
*42,032

1,203,572
*128,639
*338,931

railway

Net

bags

Inc., prior to entering the Armed Forces, and upon release
from military service in January,
1846, became associated with Stone &
"Webster, Inc.
INCOME

3,258,193

320,189

.income—-

Public

Service,

CONSOLIDATED

3,004,427

*120,816

railway

oper.

■'Deficit—V.

.

from

*945,

,

$277,546
63,111
26,344

—

From Jan. 1—
Gross

holding

railway-3,425,641

1947

railway
Net railway oper. income

The

from

1097.

p.

railway

from

ex¬

RR.—Earnings-

from

Net

is

announced Dec. 3 the
national wholesale distributor of

Paul

the

stock

common

Los Ange.es, Calif.,

October—
Gross

R

42,235

income--..

oper.

shares class A
the next ten days.

within

J. Herold as
company.—V. 166,

of

of

HISTORY

1947

railway
railway

appears

1,000,000

of

made

Toledo Peoria & Western

tion

$373,193

from

be

appointment

Ry.—Earnings—

October—

offering

to

securities

plete

Tennessee Central

"it

that

Richard Thomas, Pres.iu.jno,

The

prospective
—V.

pected

during

even

Mission Corp. stockholders.
opinion of your directors, the

of

declared

Offering to Be Made Within 10 Days—

the

to

$10,000,000

for company to sell

cleared the way

public.

compara¬

companies

terms

merger

same

market price

share.

a

New

the

at

the

to

Commission

Public

of

share

one

was

$lo

the

tive

the

The

Stock

on

same

period

stock

approximately
stock

and

a

"the stock of Mission was selling
below $40 a share.
The price at

Corp.

York

New

was

Mission

confirmed

for

stockholders.

of $40.

excess

placed

stockholders.

Mission

Mission

base¬

proposal

and

Allows Stock

that material misrepre¬
sentations and omissions in
the registration statement as originally
filed
have
been
sufficiently
corrected
and we have determined to
dismiss the stop-order proceedings."
This does not mean that the SEC approves the stock sale, but its
action allows the company's
registration statement covering 1,000,000
shares ($5 pari common to become effective—a necessary step before
the company can put the securities on the market.
The company was organized to manufacture and develop a color
process for television and motion pictures.
The

proceed¬

solvent

a

"completely

as

stated

directors

the

Staples said,

Stock

shares

was

Field,

following his release rejoined Stone
Mr.

legal

no

of

From Jan. 1—

Mr. Brewster

1941.

charges

numerous

the

during the

Presidents.

years

law

liquidation

gas being

conserve

Stone & Webster, Inc.—New Vice Presidents—
C.

York

six

Gross

Edward

of

all

New

position

building

to

year,"

Sunray

Hockley County, Texas.
produced from the Levelland Field.
Other producers in the field will be given the opportunity to participate
in the plant ownership.—V. 166, p. 1998.
This plant

under Nevada

that

all of the factors involved which

this

the

on

"In

has

company

of

vote

involuntary

Skelly's

which

exchange

an

beneficial

Stanolind Oil & Gas Co.—Plans New Plant—
The

liquidating

alternative of

Skelly's

Mr.

foundation,"

stockholders

beneficial

market

railway

the

be beneficial to

to

through

From Jan. 1—
Gross

the

rumors

$2,214,725

railway

oper.

1946

Skelly's

G.

Staples also pointed out that Mission directors made

analysis of
that

Spokane Portland & Seattle Ry.—Earningsfrom

Sunray,

Mr.

is

Gross

without

by

appears

1828.

p.

William

to

two-thirds of all stock¬
which owns 47%
of the stock,
could
such proceeding.". Mr. Staples further

any

advised

Mr.

and

made

before

railway

railway

to

for

reply

a

affirmative

Western,

also

are

available

are

that

an

consent

in

poration."

Prom Jan. 1—

Gross

Pacific
to

"We

1,

attacking the proposed merger of Mission
with Sunray Oil Corp., D. T. Staples,

Corp.

says

requires

and

"afford

ings

$163,057

Oil

Mission,

company

holders

1944

$164,843

railway

Western

of

Dec.

statement

proxy

Pacific

Staples, President, Mission Corp.—

released

statement

a

opposition

stated:

1947

from

for Mr. Skelly,

attorney

Statement by D. T.

Spokane International RR.—Earnings—
October—

3,

him.

not

Gross

Dec.

instructed Mr. Skelly, who brought suit at Carson City
restraining action in Los Angeles, to post a $5,000 bond
possibility of damages should a court trial decide against

court

similar

against the

1396.

p.

issued

was

merger.

Proceeds
of
the
new
bonds
will
be
applied toward meeting the
company's construction program for its fiscal year ending Aug. 31,
1948, which involves an estimated expenditure of about $12,750,000.
The new facilities are made necessary by the increasing demand for
electric energy in the territories served.
The balance
of the
current
year's construction requirements will
lie
derived
from
undistributed
earnings
and
the contemplated sale
of additional capital stock.
The common stock will first be offered

stockholders

injunction

temporary

stock

of

blocking a three-way
merger designed to create a new giant in the petroleum industry as
WG. Skelly, Tulsa, Okla., oil man, won
the first skirmish in a
court battle with the J. Paul Getty interests of Los Angeles.
Federal Judge Roger Foley
at Carson City, Nov., stayed for the
time
being
proceedings toward the merger
of Mission Corp.
and
Sunray Oil Corp.
He also forbade a meeting, scheduled to be held
in Reno on Dec. 6, of Mission stockholders for a vote on the proposed

vately—Company announced Dec. 2 that it has privately
placed $9,700,000 3% 30-year first mortgage bonds at a
price of 100.50% with a yield to maturity of 2.975%.
The Equitable Life Assurance Society of the United
States purchased $7,350,000; New York Life Insurance
$1,380,000 and The Mutual Life Insurance Co. of New
York $970,000.
These insurance companies now hold the entire $33,©00,000 of presently outstanding first mortgage bonds of
the company in approximately the same proportions. The
negotiations, which were initiated in October, were con¬
ducted through Dillon, Read & Co. Inc.

to

Monday, December 8,1947
Thomascolor, Inc., Los Angeles—SEC
Registration to Become Effective—

Sunray Oil Corp.—Court Stay Blocks Merger—
A

Placed Pri¬

Co.—Bonds

Service

FINANCIAL CHRONICLE

&

Studebaker Corp.—To Acquire Assets of Empire Steel
Corp.—See latter above.—V. 166, p. 2215.

Subordinated Deben¬

—

COMMERCIAL

166,

P.

square

will
of

2148.

feet of manufacturing space.

-

be used by the Union Bag & Paper Corp. for the
corrugated containers and folding cartons.
See also

Volume 166

Union

,,

Number 4653

Carbide

Carbon

&

THE

Corp.—Places

Utah

$150,000,000

Notes Privately—The company, it was announced Dec. 4,
has placed privately with three insurance companies

Net

Proceeds

will

be

used

further

to

about

year

outlay

for

was
spent
facilities will exceed
program will continue

There have
the

called

sinking fund,
interest.

100 and
&

been

for

redemption

166,

Jan.

on

York,

l, next, for account
due Jan. 1, 1967, at

following

of Dillon,

share;

share;

the

on

and

share;
Union

the

on

Stock

Fund

series,

These

declarations

Bond

on

Union

55

cents

Fund

Bond

Union

on

bring

"A,"

Fund

total
cents

98

"C,"

cents

15

oper.

166,

P.

income—
1829.

payments in 1947 to 74 cents on
Union Bond Fund "B," 31 cents

Fund.—V.

Stock

Common

Union Preferred

on

166,

Stock

$2,339,933

and

Fund,

miles

month

a

285,727

329,788'

562,871

20,961,730

24,058,164

24,579,632

6,015,690

8,388,197

10,390,898

4,017,970

6,444,729

5,977,784

1945

1944

(

Net

ry.

1946

$7,571,630

$6,792,087

$8,238,924

2,333,690

1,756,387
614,605

1,910,632

3,157,989
860,213

from

railway-----oper. income...

980,691

estimated

an

1,074,375
October

miles,

aii-

against

1,539,400

miles

ton

609,700 ton

in

ton
Air

increased

miles

Net

ry.

to

sales.
air freight
said. United

October as against
reached an estimated
previous period, while

in the

estimated

an

741,300

as

in September;-

693,012

Mexican Unit Air Express—
Lineas

Aereas

announced

cities

along

service

S.

(LAMSA),

A.,
air

on

main

LAMSA's

to

Mexican

shipments

express

line

Mexico

subsidiary,

from

City.

of

benefit

especially
166,

to

when

—V.

miners,

El

This

payment of duties,
and other industries

smelters

first

683,955

replacement

parts

supplies

or

United Biscuit Co. of America

to

Prov.

for

Fed.

inc.

in

Mexico,
urgently.

(& Subs.)—Earnings—
1946

1945

1944

$5,118,348

$4,893,584

$4.250 840

2.195,943

2,113,960

3,908,341

Earns,

"After

for

$3,492,855

$3,004,388

$985,243

936,566

468,283

468,283

468,283

sh

$3.73

$6.29

$1.90

$1.72

depreciation

interest,

Federal

taxes.—V.

166,

other charges,

and

but

before

provision

of

Paperboard

baggage

the
the

coach,

a

the

record

of

stockholders

for

redemption

of

offering

proposed

until

deferred

the

dividends

accrued

Immediate

amounting

payment

dividends

accrued

surrender

Street,

Y.—V.

N.

$1.25

redemption

will

1948

2.

2,

full

certificates

stock

York,

New

Jan.

to

said

of

cumulative preferred stock have
1948 at $107 per share, plus
per share.

Jan.

to

the

of

166,

made

be

with

together

Trust

Co.,

vote Dec.

1947 will

29

record

for

date

to

entitled

stock

stockholders

proposal"to change

a

Carton

p.

and

Corp..

V.

166.

the

at

a

annual

held

meeting

Nov.

on

20

approved

of the company to United Board &
for additional compensation for officers.—

the
plan

name

1934.

of

new

the

staff,

the

for

Mansfield

tor of

the

V.

producer

p.

board

164,

Rhodebeck,

months

his

of

in

a

director

Secretary:

and

since

Robert

Actuary

increasing

F,

.in

L.

interests

the

an

in

the

George

elected

was

and

Actuary

this

totaled

year

$9,901,344.

changers
of

and

recorders,

wire

addition

an

its

to

has
111.,

Chicago,

contracted
plant.—V.

ft

101.827.000 kwh.,

82,719,000 kwh.

of

properties of this company <previously
Electric Co., Inc.)
for the week ended

electric

the

Works

tota'ed

an

Operating

increase of 23.1over the
166,

for the corresponding week of 1946.—V.

insurance

$27,890,717
10,681,608

expenses

taxes

,

reported

hew

$20,050,000

of

Subscribe

the

More

that

paid-for
over

the

company

Than

during

on

2.958,256

1,589,510

1,400.284

2.017.090

1,795,895

2,634,519

income

2,473,510

3.529,300

period

same

had

$900,000

to

last

than

more

Rhodebeck

also

Nov.

on

18

stated

that,

to

help

Help

finance

the

growth, new funds amounting to over $300,000 have been
surplus by stockholders. He added that this amount has been
paid in by over 90% of the stockholders on the basis of $8 per share
of stock,
and that payments are continuing to be received.—V. 166,

ry.

—V.

210,507

210,507

282,150

282,460

income

3.369,000

2,643,000

4,471,000

3,510,600

taxes

on

$6,962,210

$5,731,372

$9,093,728

$7,534,459

416,678

income

Operating

450,682

708,839

608,011

income

$7,378,888

$6,182,054

$9,802,567

$8,149,470

1,562,707

income

Gross

1,830,758

2,164,469

2,358,388

deductions

Income

$5,816,181

dividends

$4,351,296

$7,698,008

$5,784,082

1,002,668

income

Preferred

Net

ry.

and
*

for

com.

1,002,668

1,336,891

1,336,891

stk.

per

*Based

$3,348,628

$6,301,207

$1.64

$1.14

$2.14

$1.51

share-

com.

Net

from

Net

ry.

—V.

accounts

NOTE—The

of Monongahela

not consolidated in above

Declares Larger

Power

record

preferred

stock was also declared,

20.—V.

Dec.

166,

p.

payable Jan. 2 to holders

2000.

record

of

This

statement.

Dec.

166,

p.

ry.

Net

Theodore

Wittner,
Hraback

Toole

T.

who

succeeds

company

Goddard

have

has

been

elected

resigned, as

has

Mr.

Toole

elected

and

to
a

succeed

director.

W.

Louis

W.




264,759

1947—Month—1946

1947—10 Mos.—1946

$2,949,932 $34,640,546 $26,555,986
23,857,038
19,549,995
2,167,974

Equipment
facil,

(net)

$781,958

$10,783,508

$7,005,991

352,000

4,604,000

3,287,000

117,008

rents

rents

$1,271,935
517,000

revenue

oper.

Taxes

ry.

oper.

income-

income

79,207

Crl4,163

Crl 1,726

433,180
Crl27,404

Crl21,653

590,755

,

$857,780

$497,439

$6,485,284

$4,188,093

19,656

18,841

188,038

191,480

income-

$877,436

$516,280

$6,673,322

$4,379,573

charges-

243,732

288,574

2,342,080

2,557,725

$833,704

$227,706

$4,331,242

$1,821,848

Gross

$1,519,070
*2,725,104

income

-V. 166, p.

2148.

$2,138,063
790,857

587,716

532,750

203,236

283,409

17,648,466
4,285,304

21,396,032
4,586,175

21,04^,156
7,495,669

5,413,455

2,906,320

2,400,868

2,764,201

income

on

proposals

Various

drafted.

the

for

merger

Nov. 13.

on

Wheeling Steel Corp.—Quarterly

were discussed at the
(New York "Journal ol

Earnings—

that the demand for
than the productive
that although profits for the
nine-month
were relatively large, the reported
earnings do not reflect the tremendous increase in construction costs
which greatly affect the amount of expenditures required
to replace
worn-out
plants and
equipment,
which, without raising additional
capital, must be provided from the earnings of the corporation.
He also stated
that while demand continues high it is improbable
that the profit margin
of future operations will continue as in the
W.

Chairman,

Holloway,

W.

on

Oct.

29

stated

corporation's products continues to be greater

the

capacity

months

nine

iirst

its plants.
He pointed
period ending Sept. 30

of

the

of

charges,

transportation

out

because of the ever increasing costs of
materials, particularly steel melting scrap,

year

raw

and other commodities, of which the corporation uses
quantities.
CONSOLIDATED
INCOME ACCOUNT

sales,

returns

discts.,

less

allowances

ft

substan¬

1947—9 Mos—1946

1947—3 Mos.—1946

Period End. Sept. 30—
Gross

$33,924,044 $28,899,979 $93,913,453

$79,810,948

int., rentals (net),

Divs.,

discount

chases,

on

pur¬

products

other

Prov.

ft

sales

$34,061,852

sold ft
19,964,610

63,477,432

2,298,082

2,389,532

6,804,937

57,801,804.
7,250,809

1,220,233

1,245,268

3,591,669

4 027,853

fixed assets—

Cr22,067

Cr8,181

Cr273,176

ft adm. exps.
premium

2,"020,268

1,789,377

5,889,612

Crl2,43&
5,253,059

193,498

102,266

583,668

630,268

240

7,328

886

—

retire,

ord.

gen.
and

or

net

funded

long-

and

debt
interest

of

1,154,000

for

Net

1,953,000

252,000

6,021,000

1,043,000

$2,640,189
$3.84

$2,085,120
$2.87

$8,430,261
$12.41

$3,188,041
$3.21.

com.

per

share-

Attributable to sale of Portsmouth

reduction

to

1.154,000

.

Federal, inc.

(est.)

profit

equal

7,922

surplus

charge
Prov.

533,370
$80,344,316-

23,758,409

of

term

$29,081,320 $94,526,289

charges—

amortization
on

on

rev.__

maintenance
deprec., depl.

oper.

for

and

Sell.,

and

612,836

181,341

137,308

etc.

sales

of

Cost

plant (consummated July 1, 1946>

Federal taxes applicable thereto.

in

were completely idle from Jan.
the general strike of steelworker*
of America (CIO) and some oper¬
ating units were idle during April and May, 1946, due to the shortago
of coal caused by the strike of coal miners which closed all coal mines
NOT7—The

called

of

the

18,

1946, due to

United Steel Workers

the

by

plant of the corporation

Feb.

to

1946,

21,

corporation.—V.

166,

(The) Wickes Corp.,
of Governors

Board

p.

803.

Saginaw, Mich.—Listing Approved
the New York Curb Exchange on Dec.

of

3

dealings at a later date a total
stock of this corporation, which
was
organized recently to
continue operations of Wickes Brothers,
Flint, Mich., and The Wickes BoUer Co. and United States Graphite
770,200

Co.

both

for listing and admission to
shares of $5 par common

of

Saginaw—V,

Wisconsin Central
October—
from

Gross

from

Net

ry.

railway

railway

oper.

income

166,

P. 2148.

Ry.—Earnings—
1945*

from

Net

from

Net

ry.

railway

railway

income
166. P. 1829.
oper.

1944

1947
$2,460,637
649,107

1946
$2,101,65.4
479,355

246,487

410,957

300,558

170,23*

21,943,185
6,196,175

18,916,305
3,794,009

17.899,397

18,820,170-

4,375,663

5,142,431

2,969,735

2,266,366

1,946,942

2,645.05S

$1,923,995

$1,908,60*

541,510

548.863

From Jan. 1—

—V.

Net

1944

1945

1946
$2,324,184
834,690

24,802,789
8,781,311

railway

Net

Fixed

Ry.—Earnings—

$2,997,197
1,057,077

railway

approved

Ry.—October Earnings—

2,462,597

Jt.

38,860

4,686,759
1,740,269
454,923

Redemption of Preferred Stock Deferred—
The calling of the 5%% preferred stock was considered by the board
of directors at its meeting on Nov. 17, but no definite action was taken.
There
will be further consideration of the matter at the December
meeting of the board, according to sources close to the situation.
If retirement of the stock is decided upon at the December meeting,
there will still be time to take necessary preliminary steps before is¬
suing a notice of call Feb. 1 for retirement of the stock April 1, it was
pointed out in financial circles.
Elimination of the preferred stock is
one of the steps expected to be taken before a plan for merger of this
company with the New York, Chicago & St. Louis RR.
(Nickel Plate)

Gross

Henry

as Vice-President,
that Arnold M. Gotthilf and Jack M,
directors.—V. 166, p. 2148.

also announced
been

President

331,878

200,549

income

oper.

The

Net

President

583,927

income—
1934.

ry. oper.
Deficit.-

is the principal subsidiary of The West Penn Electric
1194.

Western Maryland

Net

36,925

3,192,093

1947

from

from

Net

*

1947.

19,

146,111

From Jan. 1—
Gross

Earns,

3,

company

Co.—V.

$463,258

4,364,537
790,705
298,999

19,943

8,763

railway

from

its subsidiaries

cents per share
on
the
record Dec. 10.
With the payments of 37% cents each made on this issue on March 25,
June 25 and Sept. 25,
this year, the current declaration brings total
dividends in 1947 to $1.65 per share, compared with $1.50 in 1946.
The
usual quarterly dividend
of $1.12% per share on the 4%%
preferred stock was also declared, payable Jan. 15, 1948 to holders

Other

Universal Laboratories, Inc.—New President—

127,974

3,286,358

railway

from

taxes

Co. and

the directors declared a dividend of 52%
common
stock, oayable Dec. 24 to holders of

Dec.

a

A

p.

Net

Dividend—

3,

series

$406,367

1,659

railway

oper.

166,

Gross

2,935,000 shares of common stock.

on

5,966,346

1945

$306,264

44,940

railway

from

Gross

$4,447.1Qt

$3,734,532

the directors declared an extra dividend of 50 cents per
quarterly dividend of 25 cents per share on the common
payable Jan. 20' to holders of record Jan. 10. Previously,
the company paid regular dividends of 20 cents per share each quarter.
The usual quarterly dividend of 93% cents per share on the 3%%

1946

$336,060

income—

oper.

43,231,987
16,699,745

1944

1947

"■Proportion
$4,813,513

surplus

Earns,

On

19,993,343
5,602,826

From Jan. 1—

Other
Balance

2,510,304
779,118

Alabama—Earnings—

railway

from

Int.

Period End. Oct. 31—

both

3,872,885

railway

from

Gross

Gain

United States Plywood Corp.—Extra Distribution—
and

p.

Net

of

Dec.

income
1934.

oper.

166,

Total

509.

stock,

754,985
50,739,319

3,498,035

railway

Repairs

first

amounted

614,396

35,644,975
8,647,529

1944

$5,446,57*

3,196,942

acqui¬

plant

adjustments—

sition

com¬

the

business

Net

cash

deDreciation

of

3,205,392

2,181,041

Fed¬

than

for

1947—12 Mos.—1946

$24,000,977 $36,668,530 $31,866,510
9.361,263
14,069,870
12.587,898

2,443,363

other

Taxes,

are

company's

804,709

32,309,701
7,176,186

income—

railway

from

from

(& Subs.)—Earnings—

1947—9 Mos.—1946

Sept. 30—

Maintenance

Net

1945
$5,872,044
2,665,207

pig tin

Operating revenues

eral

ONLY

1946
$4,315,664
1,394,092

the

Electric Co.—Weekly Output—
of

$3,564,959
interest
4%7« income bonds, sinking fund
$2,757,550

$714,939

charges, i.e., capital fund,

COMPANY

OF

171,076

From Jan. 1—

tial

Foreign Agency Divi¬
time to assisting Mr.
of

railway

oper.

45,066

1947
$4,136,710
1,538,261

railway

from

meeting of the Nickel Plate board
Commerce").—V. 166, p. 2000.

2216.

American

paid to

The

Sub¬

was

company's

of

months

West Penn Power Co.

Direc¬

1936,

the

Vice-President

development

President,

new

the

increase

Stockholders

On

com¬

26.

Dec. 3.
This compared with about $8,000,000
Sales for the calendar year 1947 will approxi¬
according to R. F. Blash, President.
The comnany.

Water

1947.

29,

outD'it,
p.

new

Finance Growth—

share

Dec.

1948.—V. 166, p. 2000.

ten

record

or

out.uut

American
Nov.

Bergstresser,

1946,

with

duties

Loutit,

R.

Oct. 31, 1947. he said,
of insurance in force.

of

As

$230,000,000

p.

for

elected

was

Vice-President

Vice-President,
will devote their entire

and

1947

of

$65,950,000,

Mr.

set

2451.

p.

Non-oper.
1940,

foreign countries.

panies in

to

been

official

44increase

a

Paul R. Danner,

associated

and

year.

and

and

Assistant

as

James

Group.

resigned

have

Mr.

Secretary

Vice-President

because

and

1944,

Starr

ten

and

the

on

1947.

of

the company since

EARNINGS

on

construction

the

for

C. Batchelder, Treasurer, was elected a director.
will continue as a director, but has resigned as Chairman

International

sion,

now

and William

Starr

the

since

months

Richard Rhodebeck,

company

has

1946.

year

$12,000,000.

mate

Federal

four promotions

directors,

new

Vice-P^bsident,

joined

Actuary,
C.

ten

of

18

President ol

baard;

Executive

elected

of

the

Nov.

Agencies since 1944, was elected President and a director;

Selser,

who

two

first

Freeman,

of

Chairman

M.

of

election

the

business

of determining the holders of

purpose

subscribe

first

announced

full

the

for

the

for

Sales
company

United States Life Insurance Co., N. Y.—Four Officials

Promoted—New Business Up 44%—
made

523,988

for contingent

October—

is

Amort,

was

shares of new common stock has
of this month, the company has
subscription period into the new

Webster-Chicago Corp.—Sales Show Gain—

Prov.

Announcement

the

will give the right to subscribe in the ratio of one
common stock for each five now held.
The subscription

Period End.

The

part

warrants

1525.

p.

1,047,355
524,959

$817,118

chgs.

available

Action

year.

Wall

16

$4,260,023

11,478

requirements on general mortgage
and other corporate purposes.

Net

Split-Up—
8,

Dec.

and

presentation

upon

Bankers

the

at

price,

Co.—Change in Name Approved—

United Paperboard

85,000

latter

extend

will

This

announced.

Power

o'>

o.

on

fxd.

after

Amount

*

West Penn

outstanding snails

1,100,226

$4,329,864

Wheeling & Lake Erie

Petroleum Corp,—Plans to Increase Capitali¬

common

The
been

Calls 5% Preferred Stock—
called

charges

1829.

p.

The balance of the funds will be used for general

ui

deductions

Fixed

Western Ry. of

baggage-and-mail car, two coaches,
diner and an observation-parlor car.

zation to Provide for Two-for-One

corporate purposes.

All

72,696
$771,483

October—

Manufacturers, Inc.—Note Placed

ceeds, $4,943,935 will be applied to the retirement of the
46,205 shares of outstanding 5% preferred stock which
will be redeemed at $107 per share and accrued divi¬

been

Misc.

1829.

Warren

share

Privately—The company has arranged through Lehman
Brothers for a 20-year loan of $10,000,000 from the Met¬
ropolitan Life Insurance Co. at 2.9% interest. Of the pro¬

dends.

128,464

income

Net

one

car,

period will close Jan. 13,

United Merchants &

1,156,482
$3,645,635
614,388

income

Total

ry.

on

one

p.

scription

below.

Co.

1,031,453

$3,229,638

October—

The

United Board & Carton Corp.—New Name—
United

193,713
$698,787

$993,648
130,936
45,594

income-

oper.

ry.

Other

Individual Trustee.-

successor

a

company

166,

mon

See

Net

from

Blodgett has resigned as Individual Trustee under
such resignation to take effect on the date of

W.

coffee-shop-club

a

—V.

1829.

p.

104,966

$865,184

Dr)

(net

rents

Net

Nov, 26 -placed in service between St. Louis and
City the newest in streamlined trains, the "City of Kansas
City," built ,bv, the American Car & Foundry Co. at its St. Charles,
Mo., plant.
Powered bv a 2v000 h.p. diesel-electric locomotive, built
by the Electromotive Division of General Motors Corp., the 7-car
train offers 5-hour and 20-minute service west bound and 5-hour and
40-minute
service
from
Kansas City to
St. Louis.
The equipment
This

$901,590

outstdg

per com.

$4,802,117

Net

3 349 250

profit
shs.

$4,261,091

30,420,032
7,533,299

Washington Gas Light Co.—Financing Deferred—
Net

Com.

$892,500

7,526,589

approving a proposal to split up the common stock on the basis of
two shares for one, to change the par value of the stock from $5 to $3
and
to
increase
the amount
of authorized common stock.—V.
166,

1947

taxes

860,776

$970,150

27,125,778

Kansas

is expected

$5,688,798

Profit

947,768

5,236,505

"City of Kansas City" Placed in Service—

The

9 Mos. End. Sept. 30

602,404

10.9,239

11,765,879

on

*

428,408

120,805

79,015,480

expedited

needed

are

has

Paso

2,003,450

428,459

77,762,029

mortgage,

appointment of

1933.

p.

income

oper.

consists

including customs clearance and

service,
be

Mexicanas,

24-hour

all

$8,784,737
1,118,394

in¬

—

tax

ry.

66,004,359

77.612,742
20,090,494
8,141,176

railway—-—

from

Net

Henry

in

express

7%

Bickley

Mr.

row,

from 547,408

miles

ton

a

-freight

September.

11%

up

mail

in

115,066

accls.

Gross

railway....

from

Gross

vious month, according to M. P. Bickley, Manager of cargo
Included in the overall cargo figure was a new high in

operations for the second. month

$7,289,996
1,478,733

$1,545,213

accruals

tax

other

*

Individual Trustee Resigns—

by United Air Lines passed two million ton
October, representing a 43% increase over the pre¬

in

$1,677,516
158,102

opers.

ry.

accruals

tax

Ry.

Gross

operations

cargo

fr.

rev.

accruals—payroll—

790,043

$8,722,267

railway

from

Net

1999.

p.

Net
Tax

Ry. oper. income
Equip, and joint facil.

1944

$1,612,132
197,132

371,516

1947

October—
Gross

per

on

$1.47

expenses-

*Inc.

United Air Lines, Inc.—Air Cargo Operations Up—
Air

to

1945

1946

$1,942,330

From Jan. 1—

Union

revenues-

oper.

come

Wabash RR.—Earnings—

share,

flew

railway

from
ry.

—V.

the Union Bond Fund "C" series, 9 cents
Preferred Stock Fund series, 29 cents per
Common

oper.

Railway

All

30,389,715
12,394,350
7,684,897

railway

from

Net

on

Union

113,508

Period End. Oct. 31—

Railway

From Jan. 1—

Net

per

151,463

17,341

railway

from

Gross

quarterly

series, 16 cents

200,321

1947
$3,251,157
from railway.1,330,722
ry. oper. income—
843,878

Net

Read

Y., or at the Security-First
and Ninth Streets, Los Angeles,

dividends have been declared for payment
Dec. 20 to stockholders of record Dec. 10, 1947:
On the Union Bond
Fund "A" series,
18 cents per share; on the Union Bond Fund "B"
per

1,109,466

236,156

income—
166, p". 1829.

oper.

ry.

Net

Union Trusteed Funds, Inc.—Distributions—
The

1,183,566

163,813
71,870

October—

N.

Sixth

1,310,519

116,775

Deficit.—V.

Gross

1726.

p.

*1,066
18,357

Virginia Ry—Earnings—

$200,000 of 3% debentures
will be made at the office

28 Nassau Street, New
National Bank of Los Angeles,

*

Redemption—

Payment

Co.,

Calif.—V.

Net

$50,000,000

Union Oil Co. of California—Partial
of

29,876

railway

from

new

$90,000,000, the company sad, adding that the
during 1948.—V. 166, p. 2148.

$82,120

50,789

10,545

1,534,341

railway-!—'

from

Gross
Net

the

of

program

$154,691

21,502

oper.

From Jan. 1—

com¬

the expansion

pany and
its subsidiaries.
Last
for this purpose and in 1947 the

ry.

railway

from

Net

Co. (& Subs.)—Earnings—
Co.)
Ry.
—1946
1947—Month—1946
1947—10 Mos.,606,400
$4,488,182 $4,671,231 $34,381,647 $37
,821,663
2,810,666
3,126,018 27,091,651 28

Northern Ry. and Tidewater Southern

(Incl. Sacramento

1944

1945

$160,613

railway—$126,291
*21,364
income.—
*13,997

from

Gross

$150,000,000 20-year 2.70% promissory notes. Amortiza¬
tion starts December, 1953, at the rate of $10,000,000
annually.

1946

1947

•

13

Western Pacific RR.

Ry.—Earnings—

October—

(2317)

FINANCIAL CHRONICLE

&

COMMERCIAL

(Continued on page 52)

14

(2318)

THE

DIVIDENDS
Dividends
first

we

Which

are

week.

Then

follow with

we

show the dividends

we

second

a

table

which have not yet been
paid. Further details and rec¬
ord of past dividend
payments in many cases are given
under the company name in our "General
Corporation
and

Investment News Department" in the week when

declared.
The

announced

this

Name of

Company

are:

Laboratories

Share

(quar.)

Acme

Wire

Adams

Co.

(year-end)

Express

Co.

(year-end)

Corp.

Casualty

&

Surety

(quar.)

common

(initial)

A

(quar.)

__

$2.50

of

preferred

is-a)_

Cast

Coach

American

4%%

&

preferred

Distilling

American

Hair

&

(quar.)

12-

5

$1

2

12-23
12-23

$5

(quar.)

Metal

1-

2

12-17

1-

2

Co.,

3-

1

1-

2

25c

$3

1-15
12-30
1-

2

12-22
1-

2

2-

12-17

$1.50

5%

12-

5

12-16

2

12-16

1-

2

12-16

1-28

1-17

1-

2

12-15
1-

12-19

11-28

Co.,

Co.

A

Insurance

Co.

(s-a)

B

5

35c

12-23
12-23

12-15

12-30

12-15

12-30

12-15

12-

9

Inc.

(liquidating)

common

Corp.

(extra)

Candy
Cannon

Mills

Class

B

Castle

M.)

1st

Construction

&

Co.

Ltd.,

Telephone Co.,

preferred

1-15

(quar.)

_

(quar.)
Washer

Mills

Bank

Co.

pfd.

is-a)__

pfd.

A

A

Trust

Electric
Electric

12-26

12-

$$1.75

1-15

Ferries, Inc.,
prior preferred

6%

$7

Power &

preferred

Elgin
12-

5

Ero

1-

2

12-10

National

12-

5

5

12-10

1-

5

12-10

1-

5

12-10

1-

9

12-17

12-15

12-

5

1-

2

12-18

1-

2

12-15

12-30

12-16

12-30

12-16

Mfg.

Co.

(quar.)

2

12-15

12-31
12-20
12-30

12-10
12-10
12-19

12-30

12-19

$1.50

1- 2

12-12

1-

12"/2c

(accum.)—

4 % %■

i

new

(initial)_•

com.

preferred

Co.

RR.

(year-end)

Valve

Mfg.

(quar.i

Chaleau-Gai

Chicago

Wines,

Dock

&

Ltd.

Canal

Extra

(interim)

(s-a.)

Common

iquar.)

Corp.

Co.

<N.

Barber

Asphalt
(W.

Co.

.

_

""""

(quar.i

Chicago

Pneumatic

convertible

Co.

Tool,

(quar.i

of

preference

&

Suburban

Bell

Builders

Supply

(Ludwig)

&

I

Co.,

preferred

Co.,

common

Peabody

&

Co.

com.

1

12-10
12-10

Colonial

2-

2

1-15

1-15

12-23

1-

12-20

Stone

&

Credit

3.60%

preferred

Commonwealth

preferred
&

(s-a)

50c

1-

2

12-15

25c

1-

9

12-24

1-

9

(quar.)

12-24

12-20

12-10

Paper

Consolidated

4"A%

Retail

preferred

12-15

12-

12-12

11-25

Continental

Consumers

of

Industrial

2

12-

1-

2

12-16

$5.50 preferred (quar.)
Continental Car-Na-Var

of

12-29

12-13

1-15

12-31

Canada

Loan

(Del.)

Common

prior
prior preferred

1-

2

12-12

Corn

2

12-12

Coronet

1-

2

12-12

Crane

1-

2

12-15

Crane

1-

2

12-15

Cream

12-15

Creole

Petroleum

Zellerbach

1-15

Benson

& Hedges, $2 conv.
pfd. <quar.)_-__
Foundry & Machine (year-end)_
Birmingham Fire Insurance (year-end)

Bethlehem

Co.

Co.

(extra)

of

Corp.

Decker Mfg. (quar.)
Bondholders Management, Inc., class A
(s-a)
Club

(quar.)

American

2

1-16

7%

preferred

7%

preferred

12-

preferred

12-19

Curlee

11-15

Daniels

$1

12-15

12-

5

12-15

12-

5

Clothing Co.,
&

Davega

Water

Co.

(year-end i

_

_

_

Bourjois,
Inc.
(year-end)
Brazilian Traction Light & Power
Co., Ltd.—
6%
preferred (quar.)

Bridgeport Gas Light
Briggs Mfg. Co.

(quar.)

(quar.)




12-17

Decker

1-

2

12-17

Delaware

12-

75c

12-20

12-10

6

1-

12-15
12-12

50c

I™

2

12-30
12-22

12-

50c

12-15

11-28

9

De

Corp.

3%%

11-28

Graupner

12-

5

Great

1-17

12-

5

Great Lakes

1-

1

12-15

1-

2

12-12

Great

1-

2

12-12

Great

Northern

1-

2

12-16

12-13

11-28

1-

1

1-15
1-

5

12-12*
12 12*
12-31

12-15

12-22

12-12

25c

12-31

12-19

3-31

3-19

1-

2

12-19

3-31

$1.75

1-15

$4.50

1-

2

3-19
1-

5

12-20

40c

12-24

12-

9

12-24

12-

9

1-

1-

2

2

12-10
1-

12-15

12-18
12-

1

2

12-12

4-

1

3-18

1-

2

12-18

4-

1

3-18

$1.75

7-

1

6-18

$1.75

pfd. (quar.)
(year-end)—

$1.12'/2
$1
50c

(s-a)

pfd.

(quar.)__

$1
25c

Co

5c

9-30

1-

2

12-15

9-17
12-15
12-

5

1-

2

12-13

1-

2

12-13

1-

3

12-15

12-30

12-16

&

Light,

preferred

Electric

4%

1-

(quar.)

(increased

quar.)

Long Hook
&

&

Rubber,

Extra

preferred

*

Eye
common

(quar.)—,

5

12-15

12-31

12-10

12-31

12-10

25c

(quar.)_

$1
92"/2c

pfd.

12-20

12-10

12-20

12-10

50c

12-26

12-16

10c

1-

2

12-20

10c

(quar.)

1-

2

1-

2

12-20

12-15

12-15

12-1

11-18

12-26

12-17

12-26

—

25c
25c

iquar. 1

(W.

Steel
Co.

T.)

(quar.)_

(quar.)

of

partic.

Hanson-Van

2

1-

2

12-17

12-17

$1.06 "A

1- 2
12-31

12-31

12-19

12-31
1- 2

12-19

Inc.

40c
$1

beneficial

Mfg.

(H.

J.)

6%

1- 2

12-15

1-

12-19

30c

1-15

12-19

$62"/2c
$30c

12-31

12-12

12-31

12-12

10c

12-23

12-10

(year-end)

$1.25

12-26

(quar.)______

$12"/2c
$3

iquar.)

Properties

interest

Felt

Class A

pfd.

&

(quar.)——

Cement

12-22

$20c
$1.12"/2

1- 2
1-15

$4.75

12-

8

12-

8

12-15
12-31

*

12-10

12-

43%c

12-15

12-3

45c

1- 2

91 "Ac

1- 2

$5c
15c
12"/2c
$12'/2c
35c
$1.50
$1.50

1- 5

10c

iquar.)

Ltd.

Co.,

$25c

com

$75c

Co.,

20c

common

1

11-29
12-15
1-

2

12-26
12-15

12-15
12-15
>

12-20
11-22
12-

5

12-

5

12-11
12-

5

1- 2

12-20

1-10

12-26

1-

1

12-

5

1-

1

12-

5

12-31
1-

12-19
12-19

$1.50
$20c

12-31
1-15

12-19

1-15

12-15

1-

12-15

$$1
15c
40c

(quar.)

Plantation

Co.

2

$20c

Mortgage

preferred

12-10

12-22

Inc.—

(quar.)

Commercial

Imperial

9

25c

Publications,

(s-a)
Erie

12-

12-15

25c

B

12-15

1

25c

(s-a)

Hutchinson Sugar

Ideal

1-

$50c

preferred (quar.)
Ltd., class A (s-a)

Illinois

2

12-10

Extra

Class

2

1- 2

Co

(quar.)

Motors

Mfg.

1-

1- 1
1- 1

$30c

Mfg.

Humphreys

Huron

1-

12-15

Cer¬

A (accum.)
Co. com. (quar.)

preferred

Hubbard

11-30

93%c
15c

preferred

6%

12-15

1

iquar.)

Y.)

Co.

Howell Electric

Hunts,

12-22

iquar. 1..

pfd.

6%

Co. (irreg.)
Gibson Corp. com

Hotel

12-19

12-15

Highland Bell, Ltd. (interim)
Honolulu Rapid Transit, 6%
pfd. (quar.)__
5%
preferred (quar.)
Horner (F. W.), Ltd. class A (quar.)
Hoskins

7

1-15

12-

2

com

Ltd.
4%%

Consolidated

3.65%

1-

12-23

12-15
1- 2

1-15

preferred

Heinz

12-15

12-26

pref. (s-a)
Winkle-Munning

Gas

12-15

2

1-15
12-31

20c

Harrisburg

12-19

Ltd.—

Co.,

Co., Ltd.

Harding Carpets,

12-17

$4

IN.

Ore

1-

12-15

50c
25c

f

(quar.)
Co.
(quar.)

Iron

Felt

$1.75

iquar.)

Extra

Hastings

8

1-

25c
$1.50
20c

(s-a)

Ltd. class A pfd.

Paper,

Brass

7%

12-13

40c

conv.

Hearst

12-

2

93%c
81 "Ac
25c

pfd.

pref. iquar.)
Guaranty Trust Co. (N. Y.)
$1

12-15

12-31
1-

iquar.)

Insurance

B

West

Hahn

12-15

2

12-26

$1.06'A

iquar.)

(Robert H.),

tificates
50c

2

1-

50c
55c

(quar.)

com.

pfd.

com.

preferred

American

Great

11-28

1-

50c
iquar.1

12-31

12-13

$1.18%

1- 2

12-15

6c

12- 8

10-9

1

(Wise.)—

Chemical Industries, Ltd.—
deposit receipts (interim)

American

(Continued

12-15

12-

(quar.)

Telephone Co.
(quar.)

1

12-12

(year-end)

12-20

12"/2c

12-15

2

2

B

preference
Lakes Plating

50c

Power

Demnan Tire

5%

11-28

1-17

1

2

1-

25c

(year-end)
lyear-endl

Co.

12-30

1-

1-

12-22

1-

iquar.)

class

Co.,

Mfg.

7%

12-30

$1.75

4"/2%

25c

iquar.)

Ltd.

Grant

50c

Extra

$$1.50
35c

__

(irreg.)

—

Stores

Manufacturing

3.70%
Delta

Oil

Co.

Co.,

12-15

$1

2

12-10

State

12-26

$1.75

common

Dayton & Michigan RR., 8%
Decca Records, Inc.
(quar.)

1-

15c

Works

Globe-Wernicke

Class

12-12

25c

Knitting

Gorham

1-16

12-24
1- 2

20c

McBean & Co
Glenmore Distillers, 6%
preferred

Gordon

2- 2

$2
50c

Year-end

Granite City

40c

Extra

30c

Extra....

Fisher

Stores

25c

_

1

12-18

1

12-15

37 %c

(quar.)

12-24

90c

(quar.)

12-31
12-

12-15

&

2

40c

(quar.)

7%

12-30

Tire

8

1

1- 2

1

15c

iquar.)
Rubber 4"/*%

12-

Golden

$10c

(quar.)

12-10

12-16

50c

Instruments

12-31

12-

12-10

12-31

^6c

Time

preferred

12-

12-

1- 2
12-24

(quar.i

preferred (quar.)
Hardwood Lumber

1-

12-12

10c
35c

preferred

4"A %

12-15

1-15
12-22

(quar.i

3%%

12-10

1-15

1-31
1- 2

(quar.)

Georgia

70c

1-31

12-

Co.—

common

8

12-12

12-15

1-22

12-16

iquar.)

8

2

2

55c
12"/2c

iquar.)

common

pfd.

$1

pfd.

6

75c

(year-end)

Sugar,

12-22

$3

Extra

Cuban

$2

11-15

Corp.

2nd

1-

1-

1-

$35c

iquar.)—

(Boston)

12-

12-15

12-15

12-15

(year-end).

12-

12-31

2

2

Extra

General

12-24

2

1-

I

Trust

Telephone,
preferred

4>/2%

8

5

1-

$1.12%

2

1-

75c

Corp

60c

1

1-22

25c

(quar.)

12-

12-11

25c

(quar.)

Corp.

preferred

2

General

12-19

50c
(quar.)__

(quar.)

7%

20c

Corp.

Ltd.

12-15

1

12-11

$1

L.),

Wheat

12-15

20c

&

Month

(R.

12-27

$2

(quar.)

Extra

12-24

1-

8

$1.25
12"/2c

iquar.)

com.

Refractories

4.40%

5c

(quar.i

12-27
2-

12-20

$1.37"/2
Corp

7% pfd. (quar.)
Phosphate Co. (year-end)
Company
(quar.)

81 "Ac
50c

1-2

12-23

12-

(year-endi

Batteries

Paint

conv.

General

25c

Products Refining Co.,

30c

(quar.)

$1

General

30c

Special

$$2

General

12-12

12-19

12-15

Year-end

2

(quar.)

Corp.,
common
(quar.)
preferred
(quar.)

1-

—

12-17

2

12-

12-15

20c

Crude

12-30

2

12-

12-20

25c

$1.50

(quar.).'

Steel Corp. (year-end)
Continental-Diamond
Fibre
Co..:

Crown

(quar.)

Corp.

Co.

Investors

1-

12-15

12-15

37'/2c

__

iquar.)
Oil
(year-end)

General

12-31

iquar.)

preference

12-12

1-

12-30

12-15

common

Controls

5

12-13

Extra

12-31

i_

pfd.

(quar.)

General

12-17

4

12-23

20c

11-25

12-

4

12-

75c
75c
20c

iquar.1

Co.,

Baking

Dry

3

12-15
12-

iquar. 1

Investors

preferred

General

1-

2

75c

Investors

12-12

12-15

1-

12-13

preferred

6%

11-25

12-23

Co

American

$4.50
General

5

12- 5

20c

iquar.I

General

1-

12-15

12-18

Inc

Products,

$3

2

12-18

(quar.)

class A

12-27

12-11

$$2

__

1-

50c

A

Malting,

preferred

$2.20

12-31

25c

Pa.)
com.

Cooper-Bessemer

Canada,

&

53c

Continental

$25c

Co.

Grain

40c

common

(quar.)

(Reading,
Baking Corp.,

84%c

(quar.)

(quar.)

preferred

Corp.

Gas

50c

(quar.)

Telephone Co.

Stores,

5

iquar.)

Canada

of

Co.

$16 "Ac

(quar.)

(quar.)__„

Steel

1-

$3

1

l-io

(accum.)

Kentucky Natural Gas

25c

(s-a)

Press, Ltd., class A

$15c

preferred

Belgium Glove & Hosiery
Ltd., common (quar.)
preferred

Corp.

5

12-

iquar.I

class

Co.,

50c

(Boston)
(quar.)

Extra

$3.50

12-19

12-

12-15

25c

Extra

Consolidated

Consolidated

12-31

Gleiser

50c

Trust

Mfg.

12-

12-20

Ltd.—

common

50c

Investment

Lithograph

12-20

(quar.)

25c

Consolidated
Consolidated

50c

convertible

9

10c

5

$2.25

common

Year-end

1-

$3

$3

12-

12-19

$25c

$3

Dairies,

&

Globe

(accum.)

2

75c

Gladding

Semi-annually

1-

37"/2c

(quar.)
Brewing Corp.

Corp.—

Consolidated Cement, $1.40 class A
Consolidated Dry Goods Co

$3

12-20

Management Corp.—

12-18

1-15

12-31

—

(accum.1

Connecticut Investment

2

12-19

5

$1

Southern

56'Ac

35c

Canada,

Wallace,

General

5

12-

90c

(Indianapolis)

(quar.)

Commonwealth

preferred

(quar.)

Loan

12j-19

(year-end)

preferred

Fundamental

12-

50c

(quar.)

2

60c

Corp.

Co.

12-10

12-20

25c

2

2

12-15

i0c

common

1-

2-

2

12-15

$2

(quar.)

Co.,

1-

12-31

1-

86c

Extra

37 %c

10c

5

$1.75

2

Sand

&

6%

$1.50

(year-end)

iquar.)

1-

25c

Machinery

50c

1 quar.i

1-

Ltd.—

1-

12-31

$1.13

$$1.75

Canada,
(s-a)

Foote-Burt

Telephone—

Quarterly

50c

(quar.)

12-10

20c

$15c

2

12-20

75c

(special)

50c

(extra)

Food

General

preferred
(initial)
Colgate-Palmolive-Peet
(extra)

5

12-16

Co.—

iyear-end»__

com.

1-

Year-end

$2.50

preferred

45c-

Corp

Barber

(irreg.)

Y.)

2

$1

A

8

30c

50c

pfd.

Publishing

50c

series

8

12-

(initial)—

common

(s-al

Stream

1-

$2

(accum.)

(year-end)

preferred

12 V2 c

Building

of

preferred

12-16

$30c

^

6

1-15

(quar.)

Products

&

2

50c

2nd

12-13

Fibre

1-

50c

(quar.i

Chicago Electric Mfg. $2 class A
Chicago & North Western Ry.

preferred

2

Field

$1

Co.

12-

12-

30c

Tarrant

5%

12-16

56"Ac

Extra

4%

1-

12-11
12-12

50c

Transit

7%

Amer¬

1-2

Fry

)

12-15

12-17

Extra

12-31

12-23

30c

40c

&

12-23

$2

Extra

4

$1.25
of

12-11

Felt

2

5

25c

6"/2%

Industries

Consolidated

(quar.)

2

2

Power

4

20c

1-

1-

Frontier

12-

Co.—

1-19

Frontier

12-

9

40c

12-

50c

12-15

iquar.

12-16

(year-end)

Ltd.,

12-10

preferred

1-

25c

Publications

12-20

Co.

12^-31

Extra

10c

Edison

Utility Co. (year-end)
Hosiery Mills—

12-17

12-

Federated

12-15

5

12-29

12-20

Federal

12-10

2

12-

12-22

—

12-10

2

1-

Foundation

(quar.)

1-15

(year-end)

Forge

12-21

12-22

25c

(Hartford

Grain,

2

1-

$50c

Co.

40c

Cleveland

12-15

Drop

Service—

Corp.

1- 2

2%%>

50c
Rubber

Froedert

Charleston

Cluett

12-15

Federal

l-

1-15

Extra

5

Chapman

12-11

1

Faultless

Fanny

12-

ccnv.

12-27

1

11-25

12-21

Cincinnati

1-

12-15
11-28

35c

12-15

1-

2

12-10

12-15

10c

preferred A (quar.)_—1
Farmer Candy Shops (quar.)

Frankfort

(quar.i

_

12-11

5

4%%

12-15
2

12-6

12"/2c

(year-end)

Corp.,

12-18

iquar.)
com.

(quar.)

Investment

2

5

Finance

12-12
1-

1-2

15c

12-31

Chilton

1-

1-

12-15

12- 6

50c

Extra

$1

12-20

1-

2

12-22

1-5

Foster

2

2

1-

12-12

15c

(quar.)

12-19

1-

2

12-16

1-

2

(quar.)
quar.)

Co.

Company

2

$3

2-

12-31

12-15

held

Plantation

1-

12-20

2-

Exolon

$1.02%

Public

preferred

4%

Ewa

12-16

(quar.)

11-

2

share

12-16

B

8

$3

12-16

12-31

1- 2

12-15

$1.37"/2
10c
$1.50

Eversharp, Inc., common (stock dividend)
5%
preferred (quar.)
Exchange Buffet Corp. (stock dividend) —
One share of Longchamps, Inc. for each

12-31

12- 5

rT

preferred
Illinois

2

1-

12-31

1-16

12-15

$1.75

ordinary (quar.)—
preferred iquar.)_

common

(initial

Foremost

1-

12-30

$75c

12-22

1-30

$25c

(quar.)

12-10

$1.25
Ltd.

2

1- 2

25c

r

Forbes

12-

7

12-10

1-

12-19

^

12-19

States

1-

12-10

2

25c

West

12-22

12-10

2

1-

12-10

$25c

(quar.)

Watch

12-19

Central

12-15

2

1-

12-31

1- 2

$1.75

(resumed)

(accum.)

12-17

Chadbourn

12-31

1-

$15c

1-15

$$1.25

(quar.)

Light, $6 pfd.

2

Extra

$6

Building & Equipment Corp.

Brass

8

2

Central

$15c

(quar.)

(year-end)

Corp.,

Aroostook

Brook

12-

12-11

2

25c

Book-of-the

(quar.)_

(quar.)

5"/2%

1-

5

$1

Sons, 6%
preferred iquar.i_
Products, 4% preferred (quar.)

Electric

A

Ltd.,

Co.,

1-

12-20

Ltd.—

Co.

Manufacturing

Birtman

12-15

2

11-25

$25c

Corp.,

Register

12-26

1-

11-25

1

$44c

Ltd.

Bonus

Ecuadorian

1-

12-20

30c

$6

conv.

F.)

Black-Clawson

12-15

$1.75
(quar.)

&

17"/2C

$3.25

12-15

12-29

$1

5

93 %c

Co.,

Insurance

Common

12-29

32"/2c

Commercial

B

Products

Colliers

Beneficial

Easy

$1.18%

$22 %c

A

Extra

5%

12-15

$1.02'/2

5

1-15

$10c

preferred

Foods

12-29

8

1

12-

$35c

(quar.)

Steel,

Mahony RR. Co. (s-a)
Washing Machine Corp.,

(quar.)

$2 5c

quar.)

Quarterly

33/b%

East

A

1-

$1

(quar.)

participating class

Beatrice

12-15

40c

(quar.)

Flouring

1-

Ltd.—

Realty (Georgia),
Refining Co., 4%

1st

class

preferred

4.10%

Central

Central

20c
___

iquar,)

Atlantic

4Vz%

12-29

$1.50

(quar.)

Illinois Electric & Gas.,

4.10%

$1.75

(increased)

class

City Electric

Bauman

convertible

12-15

$1

com

Central

20c

(increased

Atlantic

Co.

&

Drug Co., 7% preferred
Dunlop Tire & Rubber Goods
Duplan Corp. (year-end)

12-29

1-10

1-20

12-

Ltd.—

Dow

$$1.25

(year-end)

$60c

Co.

$1

12-10
12-15

8

Ltd.—

Mudge,

$15c

iinitial)

com.

Hanover

10 l/10c

B

Oil

12-10

2

$$2

America

preferred

$45c

Bareco

2

1-

$1

Co.

of

5c

Hardware,

Barber-Ellis

12-15

12"/2c

preferred

Foundries

$75c

(quar.)

Central

6-22

$1

Mfg.
Corp
Corp., Ltd.

H.)

1-

12-29

$$1

new

preferred

Centennial

2

1-

Co.,

Corp.

2nd

5%-

(quar.i
Gas Co.
(quar.)

Western

Trust

12-15

12-22

(quar.)

Dairies,

&

Family

(initial)

(A.

7-

5 3 "Ac

Extra

Bankers

Donnell

Ltd.—

iquar.)

4%

25c

(quar.)

Extra

Bankers

12-

12-22

25c

non-cum.

$25c

(quar.)

3-22

$1

prior preferred

&

12-10

5%>

$43%c

Westinghouse (increased quar.)__
Corp. Ltd., class A (initial)

12-22

35c

preferred
(quar.)__
Anglo-Iranian Oil Co., Ltd.—
American deposit
receipts
Apex Electric Mfg.,
common

Bangor

Dominion

12-20

$$1.50

preferred

5

5

(increased)--

com.

Rand

preferred

4-

30c

__

4(4%

Axelson

9

Dominion

$$1.50

8%

5

1-

Ltd.

iquar.)

Canadian

1-

$2.50

(year-end)

Oil,

Allied

12-18

50c

12-19

$25c

preference

4%

7%

$3
Association

Anderson-Prichard

Ayrshire

12-16
12- 8

_

Products

Cream

Extra

Lamp Co., Ltd. (quar.)
Canadian Oil Co. 5% pfd. iquar.)

$4.75

$1.73

(quar.)

(B.

1- 5
12-18

Corp. (year-end)
(increased quar.)

Co

Ice

12-10

$10c

Ingersoll

12-19

50c

common

Co.

Automatic

12-15

75c
50c

Tunnel

Corp.

Extra

2

$$1.25

Motor

2

50c

Co.,

Viscose

Automobile

12-24

25c

Corp,

Extra

(interim)
(interim)

50c

Co

Verre-Mural,

B

12-

Vilbiss

Dixie

$50c

A

Class

10c

(extra)

Wringer

Class

pfd.

(quar.)

Canadian

25c

American

3.75%

1-

De

12-20

$5c

Canadian

1-

$1

common

American

Auto Fabric

7%

(s-a)

(quar.)
General Securities,

Celanese

50c

__

(quar.(

preferred

Atlantic

12-30

12-15

$25c

(s-a)

iquar.)

conv.

preferred

Class

12-19

$3

Associated

90c

2

Ltd.—

preference

50c

Service

4% %

preferred

Canners,

Canadian

12-19

12-

A

Class

11-29

1-

Canada

Steel

15c

preferred

2

12-15

(bi-monthly)

class

Screw

Ashdown

12-17

l-

Copper Co.—

Extra

$1

2

60c

(extra)

Reserve

Asbestos

(accum.)

Machinery Corp., Ltd.

12"/2c

25c

Brass

Extra

20c

non-cum.

2

75c

Potash,

Artkraft

preferred

Consolidated

Participating
Canadian Celanese,

1-

12-15

Extra

Metal

1

12-10

12-15
12-15

(quar.)__

12-15
12-24

$ 1.8 7 V2

&

$1.25

1st preferred

Extra
Detroit

Egry

Participating
60c

10c

Arkansas

12-17
12-17

Steel

$3.50

pfd. (s-a)
Trading Corp.—

Hecla

&

1st

1-

12-26

Common

American

12-31

1

&

$2.50

(s-a)

partic.

Pacific

non-cum.

5%

1-15

Holder$

When

Payable ol Rec.

(s-a)_

25c

Detroit

$1.50

(s-a)

Canada Northern Power
Corp., Ltd.
Canada Steamship Lines, Ltd.—

10c

Turf

A

convertible

Canada

12-15
12-20

2c

Common

American

12-31

35c

class

pfd.

Irregular

12-19

1-

25c

Molasses

American

2

35c

partic.

non-cum.

Calumet

4

(monthly)

Ejctra

American

1-

1

$15c

iquar.)

Participating
$7

12-17

(year-end)

Products

American

Aluminum

35c

California

12-20
12-20

25c

Corp.
(year-end)
Ltd. (extra)

Metal

B

Detroit

1-

$l5c

partic.

$1.50

Corp.

American

American

12-31

15c

(quar.)

Class A

$1.50

Inc.

American

News

1-15

Tramway Corp.,

1-

10c

pfd.

com

non-cum

Share

Denver

20c

Ltd.

Company

12-10

20c

80c

Extra

$3

2%%

30c

Piston

Burlington Steel Co.,

11-19

2
2

$1.50

(quar.)

Insulator

American

(quar.)

(extra)

Company (initial)
Niagara Electric, 3.60%
Ring (quar.)

Name of

1

1-

Detroit

$1

Mfg.

Co.

Byrndun Corp.

11-19

1-

50c

common

Hydraulics,

American

$$1

(quar.)

Sharpe

Per

Payable of Reo.

Extra

Extra

12-20

$1.12%

(quar.)

International

7%

1-

12-27

1-

70c

American

5%

12-31

$3

30c

(quar.)

American

Bristol

2

50c

(quar.)

preferred

American

Bound

1-

50c
__

(quar.)

Felt,

preferred

2nd

Class

Shoe

$1

1st

Black

5

12 '/2 c

(quar.)

Extra

Class

&

5

5

12-

$25c

Co.

Express Co.
Factors, Ltd

Bell

1212-

2

:j:40c

(quar.)

preferred

Brown

$1.75

Pipe, 60% pfd. (s-a)
Body (year-end)
Sugar, common

American

ica

2

2

1-

$1

prior

American

Bank

11-

62 "/2c

(quar.)

Iron

Crystal

American

Avon

12-15

$11'Ac

20c

Brown

12-15

2

30c

Extra

Avery

2

1-

2"/2C

American Alliance Insurance (N. Y.i
American Bosch Corp.
(year-end)
American

(quar.)

(quar.)

Canada, Ltd.—

preferred
(quar.)
Amalgamated Sugar Co.

American

A

Extra
$4

12-15

1-

50%

convertible

Co.

class

(initial)

Monday, December 8,1947

Holder•

__

4%

60c

12-23

8%c

dividend)

pfd.

new

Columbia Electric Ry. Co., Ltd.—
prior preference (s-a)
Brown-Forman Distillers Corp. com.

Canadian

(cash

dividend

Aluminum

preferred

Co.,

5%

12-15

$1.25

Allegheny & Western Ry„ guaranteed
Allen Electric
& Equipment
(quar.)
Allianceware, Inc., common

Art

12-30

When

British

9

40c

(quar.)

Bearing Co., class
Alabama Mills, Inc.—

7%

12-

Engineering—

preferred

$3

12-23

CHRONICLE

Electric, Ltd.—

4%

4

62'/2c

(increased)

Ahlberg

$6

12-

50c

Insurance

Aetna-Standard

6%

12-15

50C

Stock

Columbia

British

8
8

$2

Extra

New

12-

12-

12'/2c

Life

5%

12-30
12-30

12 "/2c

Extra

Aetna

Payable of Rec.

35c

20c

Co. (qi.ar.t
(year-end)
(resumed)

Extra
Aetna

Power

Holdere

60c

Adams (J. D.)
Mfg.
Adams-Millis
Corp.
Aero vox

When

50c

4__

Share

Oil

Columbia

Burd

50c

Extra

Company

American

Buffalo

week
Per

Abbott

Name of

British

Budd

dividends

FINANCIAL

British

in

previously announced, but

&

Per

'

grouped in two separate tables. In the
bring together all the dividends announced the

current

COMMERCIAL

on page

46)

Volume

166

Number 4653

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2319)

Stock Recordf«» New York Stock

Exchange

DAILY RANGE OF PRICES

WEEKLY VOLUME OF TRADING

YEARLY RANGE OF SALE PRICES

FOR EVERY LISTED ISSUE

(LOW

AND

HIGH

Saturday

Monday
.Dec. 1

SALE

Tuesday

Nov. 'J.)

Dec. 2

I

n»r

thnre

71

71

"L.0

I

95

71 y4

6%

6%
55 "8

"17

17 y«

36y8

7"«

100

4

4

17%

17%

*85

3%

3%

3S%
71

*11%

71

11%

196

17%

17%

55 */

xi6%

*47%

36%

37

35

36

7%

71

11%

197%

197%

84

2S%
11

199

11

xl96

11%

196

3%
16%

86

3%

197

70

70%

29%

900

6,200

31%

31%

30%

30

30%

97 %

97

97

96%

*96

38%

37%

38%

*92%

93%

*30%

31

*OVB

.

BOO

11,60^

96

36%

37%

400

11,300

49%

50%

50 %

50%

5G %

7%

7 %

7%

50%

7%

7%

6

'/a

83%

7%

50

50

7%

TVs

V8

6%
53

*46%
83

7%

Jan

100
Allis-Chalmers Mfg common__No par

96

Dec

5

105% July 28

99%

No*

3V4%

cum

1,500

Amer

J/4

54,000

Agricultural

American Airlines

58
22 Va

x21

%

21%

20'%

69

69

09

r-1

67%

*67 Va

68 Va

*66%

68 %

*67%

12%

12%

12%

11 Va

ll'/a

11%

11%

800

40 Va

3<%

40%

3,900

Amer

108%

108 'A

1,300

4%

4%

9,600

Amer

6,800

American

40%

41%

*108%

101%

10:)%

109 %

4%

4%

4%

4%

4%

79%

80%

4%
79

79%

174

175

41

41

107

107

79

22%

174

175

40%

107

22%

107

175

40%

*105

23

*106

80

*106

40%

107

40%

4%
175

107%

4%

81

175

40%

80
175 '/a

40%

40 Va

40

105%

105%

*102

x22 %

23

103

109 %

80

106%

22 78

41

%
4 Va

175

*104

22%

10

22'/a

103

xl06

106

*50%

51 ''2

50%

50%

*50%

51

50

20'/*

20

20

*19%

20%

19'/a

19 Va

20%

20

20 VB

20%

21%

21%

21 %

*105Va

50

20%

22 VB

20
*91

41

109

4Va
176 Va

2,200

American

170

40

39

6%

cum

7%
Amer

*105Va

107

110

5ft

21Va

&

49 Va

49%

600

American

19%

400

2 li/a

3,200

91

91

91

39%

39

?9%

Cable

92

91

91

41%

40

40%

39 Vs

*101%

10""'2

103 %

104%

104%

105 %

105 VB

102%

104

102%

103%

30%

30%

4,000

3 %%

30 Va

30%

31%

30%

29'/a

30

28 Va

291/2

3,100

American
American

Encaustic

5

5

5%

5%

4%

4%

4%

15%

16

16

16%

16%

16 Va

xl4%

16%

16%

16%

17

17

17

16%

16%

16%

16%

2%

2%

2%

2%

2%

2%

2%

2%

2%

2%

2

2'/a

13,300

90%

92%

90%

90%

89%

87

88VB

2,700

$7

8'/B

7,800

92

8%

9%

37%

77

Jun
Jan

36

May 19

50

Feb

3

36 %

uoi

64%

Apr

110'A Nov

12

~5%

Oct

17%

Feb

Oct

106%

Jan

Dec

210% Mar

38%

38

38 Va

37%

37%

37%

7%

7%

7%

*7%

7'/a

7%

52%

12%

*14

107 Va

21%

21%

1

per

94

*9%
26%

132

t

j6

100

94

10
com

100

107

106

132

*129

*9%

10

313^

*90

*9

9%

*130

31%

21

273/8

27Va

132

9%

*130

10

32%

9%
*32 Va

32%

8

8%

7V2

94%

93%

15%

8

178

1534

176

34%

176

82%

83%

153/b

35'/a
101 3%

100%

10 %

10 VB

10%

173's

*16%

38%

38%

*38

68%

69

151'/a

10

*16%

70%

150

151%

148%

345/8

x34%

34%

140

138

138

27%

27%

*25%

26

26

26

«">2

23 %

22%

22%

*43%

44%

44

44Vo

129 Va

193/4

19%

152%

152%

152%

34
*136 Va

8

94 V4
83 V4

15 Va

iH O O cr-

10'/a

32%

7Va
x90

x80

143/4

common

preferred

1

100

104 V*

7

24

xl9% Sep 12
90
Nov 21
39

Dec

5

102% Nov

28

13

Jun

10

16% Sep

9

Oc~t

4

17%
20%

Mar 12

97%

Dec

Feb

102

46

Jan

No*

75

5%

Sep

11%

Feb

17% July 28
20% July 15

13%

Oct

23%

Jun

17%

Nov

28% Aug
14% Jan

5

6% Feb

5

115% Jan

0

100

Sep

25% Feb
101 Vi Feb

8

18

Oct

1

80

Jan

16

6

90

106

Dec

4

8

1,400
200

55'/4

8,500

22%

451/a

45

45Va

2,200

*127V2
19%
152 %

1A

142%

55%

142

16%

Jan

5%

Oct

12%

Jan

27

44%

UC.V

63

Jftn

10

31%

Dec

35% Nov

10% Jan 24
106% Mar 7

8%

Sep

99%

Jan

9%

Sep

55

Jun

*34% Jan

13

Oct

28

14% Nov

5

10
Jan
9

116

200

1523/4

152%

1523/4

43%
*97

119%

163/4

16V8

119%
16 3/B

41 %

100

91

119I/4

91

*98%
89

*6 Va

6%

6%

6 S/8

6%

6 S/8

63%

63%

*613/4

63%

*613/4

6334

62

35

35VB

353'a

35%

3534

36%

X34

77%

79%

793i

82

78%

81

35'/4
103

35%

52%

103

52%

20%

*36 Va ":37V4

footnotes

*5

....

36%
see




363/4
103

52%

20

20%

11%
-

52%

20%

11%
v..

36%
*101

52%

19%

12

-,5»8

36%

*101

*11

12 Va

v5'/8

5

36%

36

page

26.

5
„

36

6%

79
.

361/a
*101

431/a

41%
*98%
*87%

62

6%
*60%

4,400
300

63%

*60%

63%

200

34V8

32%

333/4

20,700

79

79%

77

79 %

5,170

35%

2,300

37

103

353/4
*101

36%

35%

103

52%

52%

20'/4

19%

20

12%

*10%

*101

4%
35%

*43/4
35

12%
5

35

*52
.

-

103

523/4

900

19%

20'%

17,300

*9%

11%

100

*43/4
34

5

351/4

.

,500

1,000

10

par
par

100
No par

100

B

:

25
100

Viscose

Corp common—14

preferred
Wks

&

—100
Elec

Woolen

com—No par

common—No par

Preferred
Conv

100

prior

Amer, Zinc

preference

Lead

&

Smelt

No par
com,

$5

prior conv preferred
Copper Mining
Anaconda Wire & Cable.
Anaconda

1
25

50
No par

Anchor Hock Glass Corp com—12.50
$4 preferred
No par
Anderson.

Clayton

7

Jun

25%

Jun

23%

Oct

43%

133%
11

Dec

Oct

&

Co

88%

Jan

45% Mar

163

Jun

July

17"% July
60

Apr

22 V2

Jun

133% Aug
123 % Aug

17

Feb

7

12%

Nor

23

Feb

Oct

8

Xl73%

Nov

186

Feb

37 Va Feb

7

27 %

Jan

109% Feb

24

95 %

Feb

9% Aug 25
15% May 20

42% Aug
108% July

16% Feb

10

14%

Dec

22% Fob

4

19

8ep

20
Aug
33% Feb

34

42% Oct

15

33

<^o

52

Apr

70% Dec

1

73%

Jan

24% May 19
99
May 21

Jun

27

48% May 19
144

Dec

5

32% Dec

5

138

1

25

common

preferred

Wtr

July 17

14% Feo

106 V*

Nov

186

2

Dec

1

19

5%

147

Nov

21

May 19

149% Jun

American

32% July 17

Highest
< per share

Oct

117% Feb

11%

175% Dec

Rights
class

Jan

May

12%

5

25

Co—

44 Va
119

98

76'A Dec

No par

Foundries

/
;

Jun

21V3

Jan

American Tel & Tel Co

6%

3

Sep

30

Common

15

Sep

preferred

Tobacco

2

Jan

15% Feb

97%

May 17

American

28% Sep
101

10%

May 19

American

33%

28% May 27

18 % Oct

15,200

341/2

5

34

12,500

300

21

116

42

1,700

Oct

9% Dec

American Sugar Refg common
100
Preferred—
—100
American Sumatra Tobacco new—5

99%
6 3%

129

21

40

91

x25% May 19

25% May 19
23% Jun 10

99%
*85

5

No par

Am

200

20

No par

16

80

52%

4%.

543/4

119%

6%

20

35 Va

810

6%

52 Va

*10Va

9,600

153/4

91

6%

653%
143 %

119%

100

89

25,100
609,400*
1,600

53

413/4

100

1 %

643/4

65

55V4

16'%

16%
43%

.

142

653/i
143

54%

152 5%

Nov

8% Dec

34%

common

Steel

10

92

21

5

Stores

1,400

143

non-cum

18 Vi Jun

$ per share

24

1C0

Stove

19 5%

553/4

(3%

American

$ per share

16% Feb

Preferred

American

1273/4

$ per share

Lowest

39Vi Feb 24

Building Co
No
Smelt & Refg common—No
Snuff

15%

Year 1946

Highest

129 % Feb

Razor

American

19

142 Va

Am

Sep

5

Amer Ship

American

til

5

100

Seating Co—

May

16% Jun

Nov

Dec

preferred

American

18% Mar
118

11% m**

22%

Dec

com

Safety

200

*126

lf\

conv

Mill

American

1,000

19%

64

4%%

Rolling

-/i

.

30% Feb

7

No par

com

May

55%

14

85

100

253/4

127%

1%

San'y

4,200

19%

65

& St

118

5

9% Oct

No par

com

Preferred

22'%

*25

152%

Amer Rad

American

27'%

127%

119%

120

26%

25%

55%

553/4

*11934

27 »/b

19%

129

142

.v

20

45%

142%

91

138

23

1A

91

*137

1,100

45%

25

65

92

138

770

33%

*22%

63%

43%

145

32%

23Va

1 1/4

99

144

33%

25%

45'/b

67

4234

53%

150

*25%

26%

66 Va

'99

3,400

15%

1 l"6

42%

330

10%
383/4

661/2

100

101

15%

66'/a

17

270

20,800

383/4

673/4,

120

25,500

343/a

*221/4

1523/4

1%

16%

14%

1753/4

32

Sep
37% Sep

m

129% May
44% Apr

42% Apr

No par

preferred—;

27 V2

129%
193/4

152 s/8

*119%

345/8

Oct

No par

$5

15 %

*136%

No par

14%

14%
176

1

Co

3,900

55'/4

138

News

80 Va

76V4

39

*33

Amer

1753/4

81%

15%

145

American

No par

Co

Power & Light
preferred—

54%

34%

Molasses

$6

39

150

American

Fdy Co com—No par
preferred
100

4,500

17

67

16%

43,600

383%

67

120

1,309

7%
88

551/2

67

553/4

321/4

7

10%

67

55Va

American Metals Co Ltd com_No par
6%
preferred
100

10

5%

Range Since January 1

Amer Machine

800

July

41 Va

5

49

Jun

6

Dec

4

Jan

108

n

6% Feb

Dec
Dec

Apr

32Va

Sep

2

July 29
5% May 19

Feb

34%

48% July 28
118 % Oct 15

Lowest

& Metals

Jan

Range for Previous

STOCK

Amer Mach &
cum

40%
150

7% Dec

Par

3.90%

9%

85

YORK

<

87

EXCHANGE

1,200

132

32

7%
921/4

100%

673/4

141

32%

NEW

4,000

8%
27

8%

10%

1%

55%

*130

100 3/4

66 Va

For

7%

Locomotive

100

132% Mar

Nov

26% Feu

May 16
Apr 23
9% May 17
12
May 19
18% May 19

preferred

4,000

92

83/a
27

10Va

66%

••

common

Shares

19%

*88

9
27

100%

1%

141

92

10

67

*5

American

Sales for

19%

130

67%

20%

Ice

non-cum

the Week

I per share

20%

10

1%

1 A

Friday
Dec. 5

130

*66Va

*10%

500

27'/4

46

*128%

19%

52 Va

107 Va

23%

45

*128%

35%

11,500

273/s
26

26

19%

x!50

138

*22%

129%

38%

34%

27%

101/4
33

8%
27

34%

x55

150

*136%

27%

132

*90

*1753/4

163/8

38

69%

9'/a
271/4

35

10 Va

17%

38

94

19%

178

10034

10%

39

21 «/a

345/8

101

70%

3434

*101%

6%

191/4

*105%

t per share

*17534

35 %

69

152 %

*34%

17

.Xl4%

176

34%

101%

83

15%

175%

34%

102

*89

106%

Dec. 4

t per share

94

42 Va

100

19

Thursday

Dec. 3

8%

*96%

*93

72% May

Onf

21 j/b

5

Sep

No par

19%

100

Nov

96%

5

22% July 30

19'/a

*93

42

fa

1

19 V4

84%

16%

Products

200

953/4

*119%

Home

14

8 »/8

55'/a

American

50

*13%

84

141

10,100

8

preferred

conv

14 Va

94%

66%

24Va

6%

*13%

8Va

152%

100

1

8

Feb

76

1

.

10

Aug

37

com

79
184

56

10

Hawaiian SS Co

Hide & Leather

14 Va

84 %

19%

55

American
American

115% Jan
28'A Feb

1

12

110

No par

4,000

American International Corp—100
American Invest Co of 111
_1

94%

*128

No par

Mar

196% Sep
54% Feb

8

3% May 19

No par

2,400

7%

*7 Va

preferred

8

19

25% May 19

No par

99

47% Oct

1

American

8%

27%

8 Va

700

38

23%

May 21

May 21
20 % May 21
105% July 18

20

Tiling

700

8" %

*138

10

com

400

S4Va

*16 V2

10
100

12%

94

9%
27

10

IC'/B

29

*11%

22

*90

9%
27

313i

*101%

Nov

12 Va

Wednesday

share

per

22

94

934
26%

15 3

174

12 %

107

107%

Dec. 2

22

«ro

*9%

15%

24%

7% Feb

28

12%

100

19

Tuesday

1

share

21%

26%

34%

*7%

76

*52%

May lb

STOCKS

share

*176

8 Va

24'/a

55

i'/b

4

Nov

*13%

19%

108%

.Dec.

per

*9%

8Vs

14

19%

24%

*52%

*73

107% Dec
79

12%

*93

12%

14

Monday

Nov. 2.)

*31 Va

100

*12%

19 %

108%

24 Va

8

14%

18%

Saturday

*129

8

55

*52%

24%

*93

100

12%

55

24%

8'4

*93

19%

*52%

24%

*8

109%

*91 Va

7%

37%

24%

14%

I

8%

7%

7%

100

American European Secur

37%

12%

10

v

Jun

American Export Lmes Inc
40
Amer & Foreign Power com—No par

7%

100

*108%

8'/a

Dec

30

2,800

76

8%

*12%

89

74%

Nov

5,300

76

52%

*14

8 Va

Nov

9

12%

16%

78

24%

♦93

90

8%

Apr

67%

5

16'/a

76 Va

7%

*8

89

8%

197/s

Mar 26

17% Feb

4'/a

77

55

24%

8%

Nov

80

May 19

15%

77

11% Apr

5

9

4 Va

77

Jun

5

88%

*14%

*36%

37%

7%
*52%

8'%

8%

84

53%

Dec

7

rv*«

No par

$7 2nd preferred A
$6 preferred

92

*79

75
Apr
91% May

72 %

preferred series A

15%

4%

11

37% Nov

52% Dec

•

15%

15

24

c?ep

7

Distilling Co

900

5 %

50% Nov

Oct

64%

77% Jan

100

40%

*5

Oct

44

9

45 V*

No par

40 %

*30

34% Mav 16

No par

Co

91

103%

6%

July 24

Oct

preferred

Chicle

Colortype Co
American Crystal Sugar
4% % prior preferredAmerican Cyanamid Co

39%
30

Apr

90

25%

1

Inc

91

12,800

51

7

100

39%

170

16

25

92

*90

3

6% May 19

Nov

7

Corp

39%

*91

8V4 Feb

397/a May
12 V* Apr

Jan

American

21

Sep

31

—

Fdry com
preferred

non-cum

*19%

25

July 15

:

conv

23

35

20% May 19

common

Chain &

95%

Jan

24% May 19

No par

com

Radio

American Car

300

Ncv

1

Co

Preferred

2,400

19%

&

No*

91%

67

Corp

Shoe

Can

30 Va

10

common

preferred

Cable

July
62% May

14

26

-

50

Bosch

Brake

108

27

Mar

Bank Note

154

99% Oct

Jan

1

24

42% Oct

Jun

73

100

Nov

30% May 19

46

preferred

202

91

50

preferred

2,500

40
104 '%

1

com

May 20

Corp
No par
Chemical_No par

common

conv

1,110

22

50

cum

American

21%

107

21 Va

4

177

*102

22 %

19 V2

80 'J

176

105 %

50
*

21%
68 Va

80%

3%%

4'/a

81%

4.600

No par

Inc

Co

100

preferred

Petroleum

22

109%

Cement-

convertible

6%

prelerred

conv

Portland

56Va

101%

'

5

Jan

58%

41%

Jan

July

63% May

22%

41

12% Nov

113

Nov

57%

40%

Apr 12

31 Va

21%

40%

164

104

6

58%

*12

Jan

39'A Mar

22%
12%

69'/*

16

58%

12%

Jan

Jan

21%

12 "2

56

30

100

55

•

Jan

No par

58%

*12

8%

Jun

21%

*67

8

39

Amerada

7

Oct

Feb

:
.

Aug

29%

2,100

7

3%

44

103

212%

491/4

52%

Dec

2% May lb
25'A May 19

"

Mar

Dec

58 Va

56

90%

102% Aug 11
5% Feb
4

:■

12% Feb
51% May

Sep

21%

55

3

Dec

135

*'v

Oct"

83 J/4

x49 %

83

Oct

18 %

Amalgam Leather

1

54

Nov

Sep

m

29%

2,700

0

25'

104

1

Alpha

*83%

6

2

14

1,400

*50

8

31 % Jan

112

36'A Oct

1.300

6%

18

6% Feb

5

22% Feb

92%

84 Va

Feb

4

18
May 17
29% May 17

.^5

Inc

30V2

50

29

No par

Co

92 Va

6%

No par

Co__^_~——

29 Va

83

1

new

Dye

Allied Stores Corp common
4%
preferred

92%

50

Nov

3% Dec
16 »/8 Dec

4

gtd__

Inc
&

30 Va

6%

Feb

50% Apr

10% Dec

Industries

92

86

Jan

Nov

Oct

30 Va

50

33

91%

30%

6%

l9

Jun

' 20%

j

'

82

93 Va

85

38% Feb

5

68%
41%

,

■

61% May

30%

50

7%

95

37 VB

*48

Dec

Jan

93

6%

Sep

'

Oct

30%

53

<*«&

8%

/

Oct V

93%

85%

<,

24%

6

38

30%

84

100

oi

10

10% Feb

24% Feb-

52%

93%

*48

25% Dec

*1

Jan

40'A Oct

May 19

May

v

29%

30%

6 '/a

6

Otif

i«

93%

84

49%

20 "A

96 Va

37%

5;.

May 27
30% May 16

Feb

x59

U.

13%

17

30%

52

84

37%

38

May

48 Va Feb

93%

L%

*48%

37%

k

29

Dec

'

76% Nov

Mills

32%

30

37%

Oct

.

19

5

Kid

32

30%

37%

60

18% Oct 20

91
169

.

.

10

Allied

32 Va

30'/a

37%

19

13 % May 19

Nov

13

Allied

20 %

32 Va

30%

*36

8

July 28
10% Tab
7 I'

I per share
•.

27% Dec

I .400

*20 Va

33

30%

*97

105%

HO
'

•

Apt
Oct

90% Nov

Allied Chemical

*32%

97%

7

100

Allen

20 %

4

Highest

t per share

par

1.100

33',4

20 Vb

s per share

87% Jul

5

43% Apr

Lowest

Allegheny Ludlum Steel Corp_No

2,900

30%

*97

preferred
100
Allegheny Corp common
1
5%% preferred .A—
100
$2.50 prior conv preferred-No par

:196

33

20

4%%

11

30%

20%

5

.

Jun

6'A Dec

Ye»' 1946 *

.

Alleg & West Ry 6%

70 Va

30%

20 Ve

Vicksburg Ry——100
Goid Mining—10

189 Va

-

No par

common...

97

20'a

*

&

*10%

10%

1

Juneau

29%

27%

Alabama

Inc

4,600

33

20%

Corp„lo

U

Air Reduction Inc—

Aldens

17,100

*32%

*20%

Corp———Nc par

*92

197

——1

^

66% May 2Q
90

*

Co—__—_—10

Corp—

■

2.50

Express—.—

Alaska

180

*20%

30%

Adams

3,700

37 Vb

36%

97

10%

Acme Steel

8,800
.

3 Va

3

37%

' '

86

86

S per share

No par

Co——

Addressograph-Multigraph

10

3%

29 Va

Straus——

Motors

Admiral

12,200

105

*95

16%

*92

&

2,200

257/B

3%

70%

30'/a
96

Abraham

1,600

.

16%

Par

ACF-Brill

4,000

7%

25%

105

37

72

*93

26 '/a

3 Vb

*

•

7%

3%
86

-

Adams-Millis

16%

3 Va
38 VB

*70Va

30%
96

*95

4

17%

38

71

30%

25%

!

V

1

7%

Range Since January 1
Lowest
Highest

Abbott Laboratories com..—No.par

50

81/4

Range for Previous"

STOCK

3,200
/ 900

.

17 y8

50

26%

v

J

17%

*47%

50

•

;

6%'

53%

YORK

EXCHANGE

3,600,

:

90

.61/4
<

Shares

■

721/4

*77'/8

6%
56%

3 Va

39

*93

11%

196

71

*777/8!> 90
6%

105

83

3%

38

30%
96

72%

•55%

3%
xl7

85

3%

71

*95

4

17%

85

38%

11%

*194

88

*93

72

6%

*7%
25%

105

3%

30 VB

30%
97

I per snare

37%

37

8

17%

3%

71

30
*93

17%

26 7%

*95

38%

39

t per-share

NEW

the Week

*

4

3%

Dec. 5

56%

*471/2

37%

8

17%

*85

17%

26%

100

4

17%

90

6%
56

50

37

7%
27

*95

88

6%

17%

36 7/8

7%
26%

<"577/8

56'/4

*47

73

72

95

Sales for.

Friday

Dec. 4

S per share

7 2'/a

6%

17%

STOCKS

Thursday

Dec. 3

56 %

50

26r; a

100

72

PRICES

Wednesday

snare

*80

55

*47

36 %

26

vet

6%

6%

50

*7%

-95

55

17%

"47

$

71 %

•"80

55'%

36'A

iMtre

vi"

15

Jun

3

Dec

3

Apr
61 Va Apr

15

is

62

140

Nov

19
7

41'/a May 17
xllG%OctlO
12

May 19

26% Jan
90

16

172

July 17

40

45%
165

158

Jan

6

37

Feb

8

27%

Nov

50%

28% July 24
29% Jan
7

25 V*

Dec

43

24

Spd

38% July
58% Feb

46

Dec

2

146% Feb

24

20

Oct

4

160

Inn

38 Vb Oct

2A

Feb

May

159%

Nov

200% Jun

Apr

Oct 29

82% Feb

b

84% Feb

5

73

Oct

99% May

76%

Oct

100% May

Sep

174

163% July 23
58% Jan
3

150

48%

Oct

78

120% Aug 12

1163/4

Sep

121

13%

Oct

18% Feb

8

50% Oct

20

29%

Jan

10% Jan

6

7

182'/a

Jun

105%

Nov

15%
90

Oct

51%

Feb

60 %

Jan

1

64

5

35

Dec

1

41

Ocp

Jan

4

38

Sep

111% Mar 10

108

Dec

82

35

51

Jun

no,

42

Mar

Jun

Jun

Dec

69% Apr
'

70%

Dec

5% May 19

30% May 19
45% Jan 15

28%

July
May

Sep

87%

101% Nov 28

Feb

Apr

158

100%

20

172

Sep

13

Nov

50%

138

13

2

Dec

22

174% Feb

34%

110% Feb

May

Apr

5

103% Feb

62

191

Mar

5

May 23

68% Jun

Sep
Oct

^

Jan

May
i

62% May
xll4% Mar

—21%

46% Jan

10

14% Anr

15

5R% July 7
20% Nov 29

43%

Anderson-Prlchard

Andes

20

10% Nov

15

16

133/4

Sep

3% Jun

4%

Nov

10%

Feb

26% Mar

41%

Dec

Oil Corp
Copper Mining
A P W Products Co Inc

Archer-Daniels-Midland

5
No par

30

16

Jan

29

17

8% Feb

21

Apr 29

39% Oct

15

Jan

15%

X64% July
27% May
24%

Feb

v3

w

16

COMMERCIAL

THE

(2320)

NEW
LOW

HIGH

AND

Saturday

Monday

Tuesday

Nov. 29

.Dec. 1
$

$ per share

Wednesday

13%

97%

13%
108 %

108

49 5/a

50

50

97%

96%

97

*97

15

15%

14%

14%
14%

14%

*100%

102%

*14%

*97%

14%

16

14%

14%

14%

14%

14%
102%

99

102

102

100

102

100

108%

*15

15%

14%

*14%

13%

13%

49%

97 Va

share

49 %

103

*48%

share

per

101

101

28%

28%

28%

28%

28%

80%

81%

82

83%

83%

84%

101%

101

*46

*67

34

47

27%

106

47%

*47

27%

27%

13%

13%

108

108

49%

x49

97

96%

$ per share

13%

13%
107

107

47%

*95%

Friday

Sales for

5

the Week

Dec

Dec. 4

share

per

48
96%

.

$ per share
13%

Par

2,100

*95%

96 %

Co

150

$3.75
Arnold

14%

14%

*14%

15 %

200

14 Va

14%

14%

*14

14%

1,000

Artloom

14%

6,400

Associated

14%

14%
101%

101%
101

14

99

14 Va

100

100%

14

101

*100%

300

6%

80

7%

2d

33%

34%

28%

27%

28 %

27%

27%

82

82 Va

79%

81%

8,500

101%

101

82

101%
15%

15%

47%

47%

28

28 %

34%

70

33%

33%

101

15%
46%

15%

47%

28

28

*67

70

32%

33%

28

32

*

70

26%

32%
107

106

ATP

6,000
770

105%

106

107

105%

106

96%

96 %

96%

97

97

96%

96%

96

96%

96%

96 %

870

23

23

23

23%

23

23

23

23

22%

22%

22

22 %

3,800

113

*113

7

*14%

65
114

*24

26

7

26

6%

7

*14%

15%

65

*113

65%
114

*23%

7

*6%

15

*6%

65

*113

26

*23%

26

*23%

*14

63%
113%

63%

64

*63%

105

7

15%

*'14%

15%

107

64

300

*113

114

113

113

170

*24

26

*24

26

64%

64%

62%

6%

*6%

7Va

6%

*14%

15%

*13%

18%

18%

19

19

19'/4

18 %

18%

18

18%

17%

18

15%

15%

15%

15%

15%

15%

15 %

15%

15 %

15%

15%

16

3,400

5%

4%

4%

5

14,200

5%

5

5 Va

5

5 Va

5

5

5

3,600

40%

*39%

40 %

39%

39 %

38%

39%

37%

38%

37%

CO -a ■vtO

14%

40 %

*14 Va

14%

14 %

14 Va

14

14

14%

14%

13%

14

15'/a

15%

15 Va

15 Va

15

15%

xl4%

15

11

11%

10%

11%

10%

11

10 %

10%

14,100

16%

16%

15%

16%

15%

16

15 Va

15%

7,400

*13%

14

13%

13%

*13%

13%

13%

500

2,000

May

Nov

Oct

17

20% Feb

Dec
% Nov

112%

Feb

36% May
30

Aug

32%

Jun

132 % Feb

124 %

Dec

153

134

125

Dec

148

May
May

121

May

125

Jun

Feb

34

Sep

99

Jan

2

78

May 28

112

Feb

10

2

Oct

100

Oct

10 % May 19

18% Feb

15

13

Oct

RR_„__No par

Line

40% May 17

59

Feb

13

45

23 */2 Jun

34% Feb

15

26%

Dec

49% May

68

Dec

94;;,.' May

8

31

Nov

22

105

Nov

common—1

Atlas Powder common

No par

preferred

100

conv

Tack

4

62
Jan 22
31 % Apr 15
105
Nov 23

95% Nov 13
21% May 19
57

77

39% July
113% Sep
105

18
19

Aug

8

26% July 24
73

Apr

112% Nov

Mar 29

121

.

...

Sep

29 y8 May
Jun

83

51% May

130%

Jun

———

22% Oct

July 28

X53%

Nov

duly

9

114

Nov

34%

Apr

97%

Jan

135

Jun

30

25

Sep

•J0% Aug

No par

5% May 16

12% Feb

10

10%

Nov

25%

No par

13% May 19

18% Feb

18

16%

Sep

23% July

5c

17% Dec

5

29% Jan

29

18

Nov

37%

Amer—5

15% Dec

3

27% Jan

27

15%

Oct

4% May 19

7% Feb

8

6

Nov

32% Aug
14% Feb

41

Oct

83%

Feb

38%

Jan

No par

Corp.

Nichols

common

prior pfd ($1.20)
Co

Canteen

Mfg Corp

$2.25

July

65

12

May 19

ICO
Atlantic.
25
conv preference series A-_10o
Preferred $3.75 series B_
100
Atlas Corp ——:
5

Automatic

5

139

Sep

18%

17% Feb

18% May

Sep

102

66

preferredRefining common

Avco

2714 Dec

Jan

Highest
S per share

10

W I SS Lines

Autocar

4
1

Feb

19

Sep

42%

100

10

Coast

Austin

Dec
Dec

110

10%
112

100

Inc

Conv

18%

99
99

5% \non-cum

Atlas

500

15

10 % May 19
14
May 17

21

Jan

55

com_-100

Santa Pe

&

preferred

4%

$ per share

Co—

Investment

Atlantic

.

22

Sep

14

100
100

Atl G &

2,100

^

15% Oct

Lowest

130 % Jan

common

5%

1,200

46%

46

*67

9% May 19

103% Sep
8
38% Jun 10
96
Nov 24

preferred
preferred--

Topeka

2,200

15%

14%

Atch

1,300

101

100%

96%

105

New

1,700

83%

x28%

Goods

Dry

1st

102

100

100%

$ per share

share

5

No par
common—1

Corp.

$ per

5

com

Corp

Constable

15 %

Highest

No par
No par
No par

com

preferred

Cork Co
preferred

Armstrong

14 Va

*100

Illinois

of

$6 conv prior

1,200

47 Va

&

Armour

28,600

13%
106%

Year 1946

Lowett

EXCHANGE

Shares

46%

106

Range for Previous
Range Since January I

STOCK

YORK

NEW

*14%

*67

70

*67

70

33%

34

*103

16

27%
*67

70

101V2

16

47

46%
28%

27%

*101

101 %

16

16

*15%

113

RECORD

Associates

*28%
JOl

1

STOCK

Monday, December 8, 1947

STOCKS

Thursday

Dec. 3

108%

13%

13%

108%

per

$

YORK

CHRONICLE

FINANCIAL

PRICES

SALE

Dec. 2

&

Co

of

(Thei

common —3

preferred

conv

22'/a Mar 11

27% Jan

5

49

Feb

8

13% May 27

16

May

Jan

7

37 % Dec

No par

V|

Jun

B
*14

15%

15%

15%

15%

10%

10%

10%

11

16

16 Va

16%

16%

13%

13%

*13%

Va

14

*13

900

9,700

*64

66

64

64

*64

66

64

64

*64

66

*64

66

60

*45

45%

45

45%

*44%

45 %

44%

44 V2

*43

44%

*42%

44

300

23%

23

Va

*23%

24

24

24 Va

*46

24 %

*23%

31%

31%

31%

51

48

50

31%

*50

51

*50

31%

32%

50

32%

32%

24%
*48

24 %

50

32%

32%

24%

24%

*46

50

31%

7,600

12 %

12

12 Va

10%

12

9%

10 Va

8%

9%

*23

23 Va

23

23%

22

23

22%

22%

22%

22 Va

41

41

41

41
94

19

18%
98

98

*41%

43

*41%

43

*41

42

*92

94

*92

94

*92

94

*92%

94

*19

19%

*19

19%

19

19

*18%

19

98

*96 %

98

*98'

*34

*16%

16%

*16 %

13%
22

*30

34

34%

33

33 Va

16%

16%

16

16 %

14%

14%

13%
22

8%
30 V2

16%

34%

8%
30 Vb

35

*30

35

*22

14 Va
*22

22%
100

14%
22 Va

*98

100

100

*98

30%

31

31

3i%

23%

24%

24 Va

24%

24

24 %

24%

24%

*84

88 Va

88%

84

*98

8%

8

31

7%

7%
30 Va

*96

98

98

99

*7%
30%

*84

31%

8%
31

14 %

24%
24%
84

8

98

8%

*30

31

32%
*16

33

16%

99

24%

24%

24%

25

24%

24%

82

80

82%

24%

25%

24%-

23%

24%

13,400

23%

24%

2,400

*80

28%

28%

28 %

28%

28 Va

28 Va

28%

28%

28

97%

97%

99 %

98%

99%

98 Va

98%

97%

98%

139%

139%

140

139%

*139

*139

140%

*139

Cum
&

Best

,

3,600
10,700

139 Va

200

61 %

62

62

62

62%

*61%

62%

*62%*

63

14%

14%

14%

14%

14

14%

14 %

14%

*14%

14%

900

1,300

7%

Sales for

Dec. 5

tper share

1 per share

30%

*29%

30 %

30%

700

15 %

15

15%

15 Va

15 VB

14%

15 Va

4,200

Blaw-Knox

31 %

31%

31%

31%

32

32%

31

32%

x30Va

30%

29%

30 Va

3,800

Bliss

*17

17%

17

17

*16%

17

*16%

17

16%

16%

16%

16%

600

Bliss

*34

36

36%

*34

36 Va

*34

36%

34

34

22

21%

21%

*30

*33

35%

40

20

21%

7,500

21%

21%

30'/a

30 Va

30

30%

30

30%

95

91

93

*91

94

220

96

95

*50

52

50

50

50

51

*51

52 Va

51

52

49

51

430

26%

26%

27

26%

27%

X26%

26%

25%

26%

25%

26

4,100

Bond

43 %

43 %

43%

42

43 Va

41 %

41%

3,000

Borden

53%

52%

53

52 Va

52%

52

52 %

4,900

Borg-Warner

96

94%

94%

53 Va

3%

3%

3%

3 Va

3%

*3%

3%

*33%

34%

34%

34 Va

34%

34 Va

35 %

35%

8 Va

8Va

8>/a

*70

8Va
89

*70

89

8

*70

10

9%

9%

32%

32%

32%

29

28%

28%

32%

32%

32%
102

33

*30%

31%

31 %

31%

*99%

102

*69%

102

21%

21%

*20%

21%

21

21

19%

19%

19%

20 Va

20%

20%

124

*122

*122

87

7%
*70

27

17

102

*99%

7%

28 Va

16%

124

*122

124

16%
*31

33

32

*100

16%
32%

16%
*31

10

32%
101

9%

31%
*98

16%

16%

32%

*31%

102

7%

7,000

87

9%

9,300

32

2,900

27%

1,900

32

2,900

101

10

16%
33

3,100
100

102

*99%

21

21

*20 Va

20%

20%

20%

800

xl9%

20

19%

19%

18%

19%

6,000

*122 Va

124

*122 Va

*99%

124

*99%

124

102

124

30

10 Va

10%

10%

10%

10%

10%

10%

10%

10%

10%

x9%

10%

71

71%

70%

71

70 %

70 %

71

71

71%

72

70

71

670

*35

36

35 %

35%

35

35

300

89%

89 %

89%

89%

300

36

*90 %
19

*35%

35%

35%

35%

92

*34

*90%

93

90%

90%

18%

19

*18%

19

18%

18%

18 Va

18%

1*32%

32%

32%

33

32%

33

19 Va

89%

18%

19 %

*32%

32%

*32%

32 %

19%

19%

19%

19%

93%

93%

*91 Va

93%

*91

93%

*91

93

85%

85%

*83%

89

*83%

86

*83%

86

33

*32%
19%

*85

88

*85

88

*85

14%

14%

14%

14%

8%

8%

8%

9 Va

*84

*83

86

14%
9

88

83

20

88

14%

9%

8%

83

11%

11%

12

11%

12'/a

92

92%

92

92

*3%

3%

*3%
19

*19Va

19

*3%

19%

3%

*19 Va

20

*101%

102

102

102%

*102

3%

*85

14%

93

11%
*92%

19%

102

82%
11%
90

3%
18 Va
101

19%

88

14%
9

82%
12

19%
92

*83%
*85

*89%

12,700

1,100
700

9,400

20

19%

92

92

92

110

85%

85%

85 Va

300

88

*85

2018

88

14%

14%

14 Va

14%

7,100

8%

8%

8%

8%

13,000

*82%

85

81

81

100

11%

11%

11 %

11%

4,500

91%

89%

90%

89%

90%

560

3%

3%

3%

3%

3%

900

18%

17%

i8y2

1,400

18%
101%

98

Dec

3

106% Aug

May 17

39% Feb

17% Sep

9

7
7

18%
*100

Co

3%%

101 %

101

101

50

Braniff

25% Nov 12
7

24%

Sep

36% May

103% Feb

17

96%

Dec

112% Aug

24% Dec

5

35% Jan

21

29 "Va

Nov

19% Apr

19

32% Oct

29

28% Jan

Mar

83% Apr

Highest

Year 194G

$ per

$ per

share

Lowest

v

I per share

share

Highest
$ per

share

Jan

6

31

Nov

46

x20% Feb

10

15 %

Oct

30%

Feb

_1

18 % May 19

35% Nov

20

18 %

Oct

33%

Jun

18

16

14

No par

14
May 17
28% May 9

41% July 23

34

Nov

14 Vb May 19

24 Va Oct

18

Dec

29% Nov

17

59

Feb

42

Oct

Dec

4

116

Jan

101

Sep

5

67

Jan

52

Oct

27%

Nov

5
No par

91

May 21

49

Dec

1

25

May 19

15

COrp

5

common

100

(assented)

Bearing

Co

Inc

100

5

2.50
15

Inc

Co

Co

No par
No par
No par

2.50
100
No par
15

common

No par
No par

5
100

common

No par

common

No par

5

Inc

Co

Mills

Corp

2nd

conv

preferred

38% May 21

37% May 19
94

10

100
5

Co (*A M) common—No par
Participating preferred
100

Byers

7 '/a Dec
85
Oct

9% Dec
30
May

23%
30%
101
16'/a

May
Nov
Nov
Dec

Sep

Get

36

Nov

Sep

99

Dec

49% Jan

4%

Sep

66% May
35

Mar

73%

Jan

112

Apr

69 %

July
48% May
57%

Apr

61%

Jun

107% Aug
11% Jan

Dec

35 Vb

Dec

13% Feb

21

12

Dec

34%

Jan

Jan

3

72

Jan

95

Dec

18% Feb

27

13 %

Sep

20%

Feb

40% Feb

11

30%

Oct

53%

Jan

31% Feb

10

23

Oct

42%

Jun

96

30 Va

35 Va

Jan

70

May

Nov

115

Apr

2

3
5

25

Oct

38%

11

36 % Jan

7

31%

Sep

45% May

Nov 21

106 Va Apr

30

Oct

110% Mar

63

105

103

Apr

5

27% Feb

3

20 %

Or»

38%

13VsMayl9
120
Jan
2
9
May 19
70
Dec
5
25% May 20
89% Dec
4

20% Nov

20

14

Sep

25% May

30

120

Jan

20'A Dec

14% May 19
May 14

124

Sep

Apr

Feb

130

14% Feb

9%

Oct

22%

Jun

86% Feb

70 Va

Oct

99

Jun

37% Nov

25%

Oct

45% Feb

102% Apr

96%

Dec

108% Mar

23% Feb

18 Va

Nov

46%

Jun

26

38% Feb

10

33

Nov

59% May

14
92
80

22% Feb

17

16 Va

Oct

26% July

104% Feb

15

95%

Dec

111

84%

Dec

97

Dec

119% May
102% Aug

May 19
Dec
4
May 19
Jun
4

84
12 % May 19

Mar 12

95% Jan

6

16% Oct

23
8

Jan

22

5

24 % Feb

7

Dec
4
Dec
5
May 19
May 22
May 19

108% Jan

4

Feb

10

11% Dec

89%
3%
13%
94%
19

100

9% Feb

May 19

Jun

6

88

26

26%

26

26

26

26

26

26

2,100

Byron

*31

31%

31%

31%

32

32

31%

31%

31

31%

30%

31

2,000

California Packing common—No par

24% Apr

28

*51%

52%

52%

52%

52%

52%

52%

52%

*51%

53

40

50

51% Nov

28

No par

42%

55

102

18% Aug

Jan

26

Co_

Sep

May

109% Apr
28% Feb

25% Jun

100

5
10
5
17
19
20
21
5

25%

Jackson

35% Feb

6Va Feb

6

_

15

39% Feb

72

common

5

Oct

May 20

preferred__100

preferred
Copper &> Zinc—

Nov

36

3 Vb May 19

32

—1

Bldg 7%

Bros

168

12 % May 19

common

4%%
Butte

31% July

114% July

25

Terminal

Butler

52% May

Feb
Nov

2.50

Co

Bush Term

22

85%

No par

common—1
—100
100
preferred
100
Burroughs Adding Mach
No par
Bush

Apr

Range for Previous

preferred

Watch

3%%
3% %

Jan

Range Since January 1

preferred

4%

Jan

58

Nov

No par
Buffalo Forge Co
1
Buff Niag El Corp $3.60 pfd
100
Bulova.

112

Oct

53

preferred

Bullard

37

Dec

66
Feb
3
18% Jan 23

A__—

class

Bucyrus-Erie Co
7%
preferred

BurHneton

Oct

28%

46% May 20
14
Dec
3

Brass

&

Airways

(The)

Nov

16%

4

80

Lowest

$3.60 preferred
Bruns-Balke-Collender

$5

15%
102

Deo

Bristol-Myers Co common
3%% preferred
Brooklyn Union Gas

Budd

Apr

28% May
35% Jan

Oct

5

Maine RR

Shoe

Mar

30%

15

143

STOCK

Brewing Corp of America
Bridgeport Brass Co
Briggs Manufacturing
Briggs & Stratton—

Brown

110

Nov

101% Nov
3
150
Jan 27

(The)

cum

Feb

11

Dec

21 % May 20

25 Va

25%

18% Jan
6
24% Nov 10

104

76% May 19
136% May 19

common

Inc

&

28 Va

16%

12% May 16

39% Mar 31
18% Oct 14

28

1

May

118% July

No par

Roller

28

102

Stores

Bower

27 %

16%

2
17

No par

Boston

x31

32%

Co

B

300

32%

*100

Class

Co

600

32%

32%

Ami

3%

10%

102

Bon

35%

32%

32%

Feb

73

Nov

No par
No par

Carpet

Aluminum

*3%

9%

102

400

Bohn

x35%

32 Va

28 Va

96

3,400

3%

33

31%

*30

*70

30 Va

36%

9%

16%

16%

89

7%

*93%

10

28 Va

102

*100

*70

8

3%
*35

96

32%

32%

*100

89

7%

*93%

30

9%

9%

*28%

8 Va

Jan

40

Sep

15

12

10% May 21

com—No par

.

96

43

108% Feb

46%
111

100

(Del)

Airplane Co

Boeing

94

*94%

17

16% May 19

of 1946-No par

ser

Laughlin Inc
Blooiaingdale Brothers

94

95%

Nov

62

5

&

96

43%

98

6

2

31

Jun

7

5% May 27

Jan

110 % Jan

100

Co

W)

*94

53%

20% Aug

10

common

Co

30 Va

95%

12

1

Co

Black & Decker Mfg Co

30%

52%

15

Sep

30% Jun

No par

Electric

*30

x43

Nov

13

21

1

30 %

44 %

19

90

Nov

Par

30

98

40% Nov

10

Co

Shares

15%

52%

4
18

30

EXCHANGE

30

52

1

Jun

50

NEW YORK

15%

*95%
*3%

100

preferred

—

the Week

Thursday

30

21%

100
2.50

Corp

Bigelow-Sanford

14%

*29%

25

common

pfd

8% Dec
18

3

STOCKS

Friday

Dec. 4

$ per share

Co

Inc

Corp

Birmingham

29%

*44

Nov

preferred

14%

26%

Feb

24 Va

PRICES

Wednesday
Dec. 3

22%

39%

Oct

Bethlehem Steel

29

22%

Dec

Co

14%

*34

18%
21 Va

pfd $3.25

29

20%

8

1
No par

Foods

28%

>■97 Va

w

61 %

20%

19% Feb

24% Nov 24

Corp

Bendix Home App Inc com
33Vac
Beneficial Indus Loan com__No par
Best

14%

1 per share

May

preferred

2,500

61 %

I per share

May

Aviation—

25

*61

I per share

4%%

400

*14%

SALE

57
31

Howell

84

96

140

Oct

conv

Aircraft

Bendix

Jun

Sep

Belding-Heminway
&

82

41 Va

21

Packing

Bell

29 Va

HIGH

Beech-Nut
Bell

24%

64% Aug

Dec

48%

RR

100

24%

88 Va

Apr

5

Aircraft

7,800

Sep

25%

9

Creek

30 %

66

36%

Jan
44% Dec

13

Jan

Jan

May

34 % Nov

Beech

29%

30

54% Jan

Beck Shoe 4%%

700

*95

Oct

2

Mills,

12,200

30 Va

12%

15

Foods
cum

15%

97

AND

3% %.
Beaunit

22

30%

8

5

Works

15

29 Va

Dec. 2

Iron

22

25%

Tuesday

Bath

15 %

31%

16% Feb

Dec

Beech

600

9% May 19

48

150

16%

*16

50

Co

3,800
2,100

47%

20% Apr

Oil

Beatrice

32%

Oct

50

preferred

20

32%

30%

18%

May 19

300
70

Oct

7

8

69
Feb
5
55"% Jan
6
28% July 28

500

8 Va

11

25% Feb

18

18%

31

7

11'/a May 17

60

41

7%

16% Feb

10

common

92%

25%

LOW

4%%

Barnsdall

Nov

24% Feb

preferred
100
Corp (Delaware).. 10

Brothers

40%

25 Va

Dec. 1

5%

common

xl4% Dec

17%

5

7% May 17

Barber Asphalt
Barker

92 Va

25%

Monday

Conv.

Aroostook

Bayuk Cigars Inc

25 Va

Nov. 29

&

700

*30

13

100

100

12,200

25 Va

Saturday

Bangor

22
99

Works
common

preferred

14%
*95

1

Inc

Ohio

9 %

25%

140

4%

&

22%

*22%

25%

*138%

Locomotive

Baltimore

22

98

X30%

24 Va

*96%

Baldwin

T)

14%

98

24%

19

9

(B

22%

*22

31%

*92%

220

32%

*12

%n

1,400

Babbitt

6

13

Nov

21%

Jun

Nov

15%

75

Oct

98

20%

Nov

39% May

6%

105

4%

Sep

110

Jan

May

.May

Oct

9%

Oct

35%

Oct

22% Oct

23

15

Jan

3

99

27% Oct

6

19% NO?

40

32% Nov

19
29

27%

Jan

3% Feb

8

104

Mar

Jan

Feb

112% July

May

C

2

2

7%

7%

7%

14%

14%

113%

7%

7%
29

29

29

28

28

14%
113%

2

2Va

2

14%

14%

115%

*113

*113

2

7%
29

14%
114%

*40 Va

40%

*40Va

41

*40%

41

*18%

19%

*18%

19%

*18%

19%

10%

10%

10%

10%

36%

36%

36%

37%

*13

13%

*55%
For

56

footnotes

13
*55%
see

13




5%

preferred

-

2%

1%

2

1%

2

7,800

Callahan

7%

7%

7%

7%

7%

7%

3,300

Calumet & Hecla Cons

13%
110

40%,,.
*1E'%

29%

30

30%

14 V2

14

14%

114%

*110

113%

40%

*38%

19%

*18%

40
19

29 %

13%
110

30'%

2,600

14%

6,300

110

*38

40

*18%

420
10

18'%

10%

10 Va

10%

10%

10%

10 %

10%

21,500

38 Va

*37%

38%

*37%

38%

37%

38%

1,200

13

*13

13%

56

*55%

56

13%
*55%

13 %

56

*13%
55

14

55%

400

60

Zinc-Lead

Copper

—

Canadian
Cannon

Breweries

Pacific

Feb
Jan

Apr
Apr

8% Feb

7

6%

Oct

12%

21% May 19

22

20%

Oct

40% May

17% Feb

1CL

_

Ltd

Ry

No par

25

12% May 13
110

Dec

3

132

Feb

NOV

18

July

10

113

Nov

147

May

Oct

58!

Jan

12%

40% Dec

3

48% Feb

18

43

18% Sep

29

25% Feb

20

24

Dec

25%

Dec

11%

Oct

22%

Feb

12%

Oct

21% May

50

Oct

59% May

9% May 17

15% Feb

13

13

38% Dec

2
1

18

32% Nov
11

Apr

14

,10

50

May 26

57% Feb

A

7%

58

34% Oct

Capital Admin class A common—1

preferred

Sep

1% Dec

14% Feb

$3

3

6% May 19

No par

Mills

Dec
Oct

47%

63

5

Campbell W & C Fdy—____No par
Can Dry Ginger Ale com
1.66%
$4.25 preferred
—
No par
Canada Southern Ry Co
100
Canadian

4

x55

1

2

29 V8

10%
13

26.

53

37

*55 %

56

page

„

*51%

Volume

166

Number 4653

THE

COMMERCIAL

NEW

&

YORK

FINANCIAL

STOCK

CHRONICLE

(2321)

RECORD
STOCKS

Saturday

Monday

Tuesday

Nov. 29

.Dec. 1

Dec. 8

S

per

103

share

t per

103%

*39%

103%

29%

29%

29'A

7%

share

$

share

per

103%

104

29'A

29%

29

29%

41

40%

40%

39%

39%

*39

18

18

17%

18%

17%

17%

1.7

42%

43%

42%
7%- ':"'7'%v
43 %--•;
43%

43

43
-

"

71/4

44

43%

7%

7%

,7'A

104

7%

the Week

$ per share

Sper share

103%

43%

7%
42%

104

per

Sales for

Dec. 5

Dec. 4

29%

17%

42%

S

Friday

Thursday

Dec. S

<'40

41

17%

share

Wednesday

*103%

17.%,
42%

16%

.

,,42,

.....

300

42

,

433/4

3,500
250

56

56%

55

56

54

54

53%

53%

2,200

25

25%

25'A

25%

25

25%

25%

25%'

24%

25%

17,200

101%

100%

100/4

400

131%

131

131%

240

25'/8

•25%

s101%

IO31/2

133 %

133%

26%

101%

26%

132

*100%

101%

132

132%

26%

27

4444

44

138

101 %

*100%

132%

26%

20%

<•201/8

20'A

*20%

20%

18%

18%

18%

18%

18%

8%

8%

8%

8%

8%

8%

<■7%

8%
105

7%

<•81%

83%

<•71/4

7%

13'8

I314

8

8

103

103

8%

8

105

<•102

*131

26%

26%

26%

20%

20%

18%

18%

18%

8%

8/8

8%

8

7%

8

'

7%
*100

<■81%

83%

*81%

83%

<•7%

7%

7%

7%

102%

*81%

*100

83%

*7

13%

*13%

13%

*20%,

20%
18%

2,400

7%

3,600

<

7%
*100

102

*81

13%

13/8

120

13%

300

<'9'A

10%

10%

*9'A

10%

*9 %

*9%

93/4

26

26%

26

26%

25

25%

25%

26

25%

25%

8,200

Cerro

171/4

16%

17'A

17

17%

16%

17%

16%

16%

16%

163/4

9;300

27%

273/4

100

<•271/4

28

221/4

<'27'A

22 %

*103%

105

22

*27%

28
22

103%

13 'A

13

28%

28%

28%

43 'A

43%

43'/a

91

27%

22

22

21%

105

*103%

*27

22

x41%

43%

43

43%

90%

90 %

90%

4

1/4

4 'A

4 V'8

4%

7 'A

7 »/4

7%

7 %

7%

7%

7%

8 "4

2,100
500

15,700

42%

41

41%

90

91

4%

4

4

4%

7%

13%
28 34

90%

90

7%

7%

7

8%

7%

8%

1,700

8%

8%

8 1/2

8%

8%

8

"5

8%

8

5%

8%

5

8,100

5

5

51/8

*5%

5%

*5

<T0

10'/8

10%

10%

10%

u

11

5%

11%

10%

5

5%

103/4

6

5%

5%

5%

5%

5%

5%

5 %

<:3%

5%

3%

4%

5%

3%

3%

*3%

3

3/8

3

3

2%

3

7%

7%

7%

7%

7%

7%

7%

7%

7

2914

7%

28%

29 %

28%

15,900

29 %

28 %

='55
*

23%

29

27%

28%

14%

14%

14%

14%

14%

14%

14%

13%

14

34%

34%

36

361/4

37%

38

36 S/8

32

373/4

33 '

10,200

33%

34%

33%

34

33%

33%

32

323/g

56

55

5,000

55

*53%

56%

*53

56%

*53

56%

300

11%.

*10%

11%

*11%

12

*11%

113/4

100

17%

xl7%

56

1114

<■55

11%

617

111/4

17%

4 Va

39

601

17

4 »/4

<'36

23%

*17

4'A

23%

17%

4 %

61%

*17

41/2

*36

39

60%

23%

*10%

17

4%
<■35

60%

a

11'A

61%

17 %

4%

39

62 %

17%

4%

*34

*4%

39

60%

*35

61 %

24

24

24 %

24

105

"103

104

*96

103'/4

'99

103%

23

23

23

23

22%

23

22%

22%

40%

41%

40 "4

41

40

60%

24%

<•103

41

402

41

<'32%
*

33

8%

33

9%

33

9%

33

9%

33

9%

32

10

10

86

*83

88

<'15%

16%

15%

15%

15%

15%

15%

31

30%

31%

30%

30%

*29%

31

86

*83

<■165

189

<T65

189

<'90

100

<!90

100

35

35

36

34%
109

109

<■30%

109

*30%

31%

*31

108

<•107

"14

77

<•74

47

16%
35%

37%
*

37'/2
1421/a

14014

106 %

76

107

*74

45

45

16 %
34 •'

4

108%

*45

*106%

16%

15%

15%

35

35

37%

*140'A

HIGH

183
63

183

43 %

96

63

433/b

per

182%
61%

*1,300
43%

47

10

15%

8,500

35%

37%

37%

37%

36%

37%

7,900

142%

142%

*140%

143%

184

182%

62 %

62 %

Friday

share

$ per share

180

63

62

44 %

*25'%

19%

19%

45 %

177

900

62

62

&

5>3

Cluett

44 Va

45%

45

46

10,300

95%

96

96

95%

95%

95 %

96

95%

95%

25 %

25

25%

2434

24yi

24%

243/4

1.800

*19%

19%

19 %

19 %

19

3% Apr 14
5% May 19

&

com

33

23

No par

com

35% Nov

28

43% Jun

107% Oct

4

115 Va Feb

4

27% Jun

10

1

19%

•

18%

19

%

22

21 3.4

22 %

21%

22 %

21 %

22 «8

22

22 %

2134

2134

21%

22

*21%

22%

22

11%

11%

12

11%

12

11%

11%

11%

*11

22

11%

14 Va

22 %

*21%

11%

34 %

32-'%

14

13%

333

21%

1.600
360

22

4,500

*21%

21%

600

11%

11%

19,900

33

4

13 Va

1338

74%

74%

200

37%

37%

3,000

42 %

42

42%

x41

41%

40%

41

3.100

96

96 %

9 6'A

x95

96

94

94%

23

22%

22 7 a

720

22%

22%

22 %

22%

4,300

2%

%

106

Apr

Feb

62

19%

Dec

44%

Ju f
Fi t

32

2%

2 %

2%

57,300

100

5%

com—No par

33

May 19

No par

94

Nov

17

No par

24 % Dec

5

Aikman

cum

Inc

conv

&

5

18

com

No par

preferred

Southern

20

South

17%

17%

17%

4,500

12%

13

13

13 %

12 34

13/8

12%

12%

11%

12%

21,900

21%

21%

21%

22

21%

22

21%

22

21%

21%

20%

20%

2.000

*14%

14 Va

14%

32%

323/4

108%

108%

109%

41%

41%

41%

*95

96

13%

13%
96

*94%

31

30%
*98

100

*95

143/4

14%

14%

32%

32

32

32%

109

109%
41%

110

41%

41%

96

13%

*95

96

13%

13%

14

96%

*94

95%

95%

31

31%

30%

31/a

99

99

*96

99

.

*14%

14/s

14%

14

14

31%

31%

31

31%

1073/4

108%

106%

107%

103%

40%

41%

40%

40%

39%

*95/2
13%

96

*95%

13%

13 %

94

31%

307/a

31%

98 %

98%

*98%

11%

11%

54%

54%

53%

53%

55

55%

55

55%

54%

55%

8%

8%

48 %

49%

153A

3,600

94

30%

*94

11%

8 3/8

13%

99

11%

48%

96

31%

11%

8%

12%

31
*96

11%

47%

*95%

133/4

2,200

8

47%

8%
48%

.

7%
47

96%

7-3/4

200

15,900
300

11%

11%

600

53%
.

99

54

7%

47%

46%

7%.

3,900
-

12,400

47%

*153/4

16

*15%

153%

9,800

15%

15%

15%

153/4

153/4

16

25%

26

26

26

26%

2 7/a

24

253/4

2,600

24

24

53%

23 3A

24

53%

53

53

53

53

53%

53%

2,400

53

53

52

12%

123/4

12%

53%
12%

1'2%

15%

14

55%
For

12%

12%

123/4

48

46

46%

14

*46'A

14

14 %

13%

13%

13%

47%
14%

55%

55%

55%

55

55

55%
footnotes

55%
see

page

26.




12%
,

*46

12%

47%

12%
*46

12%

*46.

47% %

*46

47%

13%

13%

12%

13%

55

55%

.53%.

54%.

-

.(

500

4,100
V
30
3,200

400

39% Aug
22% Feb

6

32 V*

Nov

70

86

Mar 21

50

Sep

37 % Dec

29
5

20

2'/4Mayl9

Edison

of

N

Y

Corp.—5

Corp

1.33%

7

20

Deo

78%

Deo

36%

Oct

Feb

13

48V2 Oct

23

36%

Oct

115 % Feb

3

103%

Dec

26% July
4

7

19

2%

Nov

48

Jan

Apr

36% May
106%

Apr

501/4 Aug
59%
123

Jun

July

32% May
5% Jan

11% May 21

Sep

25% July

10

13%

Nov

23%

2

42%

Jan

60

30

5

5

96

Nov

19

12% Dec

5

94
Dec
5
30% Nov 28

98% Dec

4

9

44

May 17
May 20
6% May 19-

Apr 14
14% May 19

35

5

14

Corp com_lNopar

12%
.

16%

II41/2 Feb

32% May 19

Apr

14

43
May 16:
12% Jim 27
46

Oct

17

12% May 17
52

Apr 14

48

33%

Sep

47

Jan

17

Jan

Dec

Apr

May

14% Nov

17% Mar

19% Feb
38% Feb

31

1

1

Feb

Feb

13

5

20

17%

10%
36

109% Jan

15'/a Feb

10

—50

Oct

Sep

103 % Dec

No par

Convertible pref 5% series
Cornell Dubilier Electric
Corp!
Corn Exchange Bank & Tr Co

Oct

24%
105%

Feb

20 V2 Feb

17
May 19
12% May 19

No par

$3 prior preferred—
No par
Copperweld Steel Co common
5

5%

3

108'A Mar 26

132

54V2 Jan

Apr

10% July 30

Continental Baking Co com__No
par
$5.50 preferred-No par
Continental Can Inc common
20

Cooper-Bessemer

29 % Feb

Jan

Sep

29

11

1

Continental Motors—';
Continental Oil of Delaware
Continental Steel Corp—-

18
18

111

40% May 19

5
15

Container Corp of America
com__20
4% cumulative
preferred
100

$3.75 preferred
Continental Diamond Fibre
Continental Insurance-

Nov

21

par

preferred-

14

104% Nov

No par

Grocers

Apr

4% May 19

com__No par

Consol RR of Cuba 6%
pfd
100
Consolidated Retail Stores Inc
1
Consumers Power Co com
No

.

Jan

Sep

Consolidated Laundries
Corp
Consolidated Natural Gas—.
Consolidated Vultee Aircraft

$4.50

14

40% May
55% May

preferred

Consolidated

1,040

40 %

96%

113A

8%

96

800

3,000

106

*94

11%

47%

3,200

14%

11 3/4

8%

400

51%

32%

32

*11%

47

11%

Sep

Oct

2,800

12%

8%

Nov

26,900

18 34

14

24%

21/8

50%

12% Oct

33

1053/8

16%

Jan

18

Apr

20

105%

*11

47

35% Feb 11
Feb
7
7

Coppermines

11%

Nov

33 'A Nov

Cigar

Consolidated

51

47

27%

23% May 19

Consolidated

17 %

Oct

lo

30

300

50 %

23

32 V2 Jan

Jun

3,800

*11

8

Jan

12'A

32% Jan 21

18%

5%

12%

11 7

38

4

1

28

36%

30%

17

17%

Oct

May 20

Nov

105%

51%

Jan

12%

4%

51

39

2

30%

*11

Sep

14% Jan

5 %

11%

13

8% May 16

Edison

31%

52%

*11

11

No par

series

%

50 3V

%

17'A Feb
16 VB Feb

30% May 28
13% Dec
5

No par

17%

Feb
Jan

10

No par

11

247/a
41

Publishing Inc

Conde Nast

Congoleum-Nairn Inc

51%

Jan

Oct

Sep

1,200

11%

Jun

29%

2,200

17%

23%

2

31%

51

18

2

31

11%

Oct

Aug

29

31%

17%

16'A

July

Jan

31%

51

63%

110

33% Jan

32 %

51

22

60%

Dec

Oct

23

Oct

Feb

37

123% Jan

32

$5

22% Oct

421/4
*99

5

preferred

Commonwealth

Consol

10

28

32

21

2

Feb

46

99 % Dec

32

105 %

Jan

105'% July 25

25% Nov

31%

21%

Feb

69 % May

25

31%

21

200

No par

3,400

24,000

10%

21%

Oct
Deo

Co

99%

26/4

10%

105%

61'A

Nov

B

com—No par

99 %

4

130

15%

20% May 19

26

*30

56

11

May 22

12%

Nov

11

5 %

6

65% Jan

Highest
$ per share

4

May 19

26%

31

191'A Nov
1155

$ per share

10

93

10%

$6

Year 1946
Lowest

17'/4 Feb

36

25%

101

May

20 V* Feb

No par

preferred
Commercial Solvents
&

May 17

—100

$3.60

Commonw'th

36% May
60% Jun
165

21% Dec

No par

11

17%

Jan

21% Nov

preferred w W—No par
Columbus & Southern Ohio
E16c—10
Commercial Credit common
10

26 %

*11%

Nov

9% May 15

cum

101%

21 Va

Sep

39%

152%

May 14

8

Columbia Broad Sys Inc cl A^__2.50
Class B
2.50
Gas & Electric
No par
Co

Aug 25

16% May 19

common—lot)

31%

*

12

Columbia

$4.25

10

May 21

preferred

Colorado

May 19

x61% Jun
1140

253/4

105%

24%

6
7

Feb

$ per share

141

No par

101/8

21 %

39% Mar 12
48 Va Mar
154

$ per share

No par

*10%

1053/4

3

Highest

No par

11/8

21/8

5

17

Mar

Range for Previous

26 %

105%

Nov

109

Lowest

10%

21%

May 21

36% Dec
141

10

Range Since January 1

25%

105%

Jan

99 %

56%

3

11

21%

108% Mar

22

25/2

105%

Jun

18

*10 34

21%

Jan

106

35% July 28
Jan

25%
11%

105%

113%

Feb

11%

21%

Sep

24% Feb

Pictures; common—No par

3,900

75%
37%

105%

Jan

109

57

Columbia

133/4

75%
37%

x5

Feb

108

101

Carbon

78%

*30

205

Jan

5

Columbia

38%

5%

Sep

105

16

2,500

3734

31%

38 % May

25

33%

*75%

5%

Nov

Oct

1

Corp

Colo Fuel & Iron
Corp

4

*30%

15%

Nov

STOCK

7,700

15%

38 34

5%

108% Mar

45

preferred—100

15%

May

Dec

14% Dec

No par

com

(The)

Mills

May

22

Oct

88%

74

50

Inc

Colonial

44 %

9%
;

Nov

No par

1,300

Feb

38% July
58% Apr

50

gtd

stock

A

&

Dee

114

106

Par

$3.50

30%

Sep

100

7%

Colgate-Palmolive-Peet

May

27

!

Internat

Jan

53

21
28

preferred-—100

30%

18

Jan

1st

5na

20% Feb
34 Va Nov

2nd

30%

6

95

non-cum

5%

Mar

26

non-rum

32

10

94

Jun

CO. (The)

YORK

15

Sep

21%

3

11% Feb

28

May 19

4%

5%

34 5A Nov

Jar.

No par

4%

36

V2 Jan 30

85

4%

*30%

48

23

250

31%

25% July

May 19

12% May 19

100

460

102

25%

Oct

61/4 Dec

178%

5
20

113/4

101%

Dec

14

1

Sep

11 %

102V2

14

18

27%

8

*11

25 %

11

Feb

7% Mar

42% Mar 17

84

11%

102

15% Feb

27% May 20

11%

103

Jan

Feb

66% Oct 21

5

11%

25%

Jan

9

100

10%

*102%

59%

No par

11 %

2

Dec

Oct

11

2%

45

36%

*11

2%

Jan

July 23

Deo

17%

2%

37%

Nov

12

2%

Nov

21

12

2%

17

No par

17%

2%

Feb

2

108

11%

2%

76%

6

10%

42 %

Jan

Sep

18

%

22%

Jan

34%

20

113/4

95

Jan

82%
43%

Feb

12

23

38%

Sep
Sep

Feb

17%

96

Sep

15%

28

11%

42%

11%
3C%

1

29% Jan

12

96

15% July
11% July

111

12

42

33%

Oct

25

12

x22 %

Oct

Sep

17

EXCHANGE

Collins

25% May

7

Sep

21 %

100

Co

.

3%

24

11%

96

Jan

Nov

12

23%

Jan

May 21
37% May 19

11%

42

18%

t

103% Nov

11%

41 %

Jun

Oct

56% Sep

10

11%

96

13

4% Nov 29'

8.50

Co

11%

23 %

667/a

~47/a

21

12

13%

Apr

Oct

15% Jan

12

13%

32

wrar

56

10

Elec

Peabody & Co

Class

Oct
Jan

Oct

17%

51% May 19
11% Nov 24

25

Industries

Coca-Cola

Jan

25%
114

48%

34 % Dec

Molybdenum

NEW

43

Sep

12 Va

13

Oil

RR Co

gtd

Jan

2

54% Jan

53% Feb

"2

78 3

30% Oct 28

23% Nor
21% Nov
105

May

102% July 25
7% Feb
3

33% Nov 25
20% Jan 16

%

13%

23

7

*11

38

10

8

*11

*75/a

20

21

12

13%

Oct
Feb

27% Feb

12

783/,

30
27

110% Jan

14% Feb
38% Feb

<11%

38

257/a July

6% May 19

*11

13%

51%

Jan

23% May 19
13% Nov 25

17

37/2

Sep

14%

100

17-34

*75

24

31%

2.

11'A

17%

13:%

Dec

6

21% Jan

4

18

77%

11

35 'A Mar

7

2% Dec

2.50

Pitts

Jan

102% July
237/a Jan

Sep

27
18

,116

Dec

8%

30

18

38

16% Oct
14% Feb

Jun

89

4% May 19

17%

13%

110%

Feb

96% Apr 15
12% Jan 31

Oct

1734

38

4

116.

Jan

5%

18

*75

13"%

1

*17%

34

17% Apr

Sep

8% Feb

15

34 %

Oct

9

4% May 17
8% May 19

15%

*34

8%

2

14% July
17% Jan

15 %

34%

2

10 Va Jftn

6% Feb

Preferred

230

25%

19%

34 'A

5
19

Jan

14 Va Jan
■

26%

15%

36

3:

Dec
Nov

Jun

July

Oct

15%

*34%

29

Nov

15%

22

.Jan

41
90

No par

Illuminating

Coca-Cola

25%

11

23

7%

15 "A

%

38%

Sep

Sep

9%

15%

B

Jan

20

vtc—No par

P

preferred
&

Clinton

390

*1300

25

*19%

22%

15% Feb

Shares

172

%

*1300

44%

15

11% May 19

100

the Week

$ per share

180

62

182%

43%

7

Jail

20i:

14
19

10 Va Jan

preferred

Sales for

Dec. 5

Dec. 4

*1,300

__

2

Nov

Jan

161%

STOCKS

Thursday

Dec. X
per

Dec

82

No par

PRICES

Wednesday
$

103

109%

Oct

21% Feb
22 Ya Feb

'

6

7% May 19
7% Nov 28

Ry Co corn.—100

Climax

20

share

Paul

Cotton

Special

400

95%

96

25%
15 3

183

"62

"1,250

__

43 %

per

S

Cleve

152%

SALE

18% Jun

Sep

Sep

138

32% Feb 24

5

preferred

5%

40

1434

39% May 19
20
July 17

23%

104%

6

Apt* 28

50

Graph Bronze

40

74

*45

156

9% Oct 21

Co

$4.50
Clev

107

*35

5

Dec

12% Jan 29

& St Louis

5%

200

37%

Dec. 2

share

47

108 % Jan

131

81% May

25

Co cl A

Yellow Cab

Cleve Elec

150

30%

*140%

38

142%

AND

*4r

5

153

6% May 19

Equipment

C C C
80

74

35%

37%

Clark

107

75

*45

142%

47

108%

*35

Tuesday

"62

*74

xl5%

LOW

*1,250

*105%

75

100'/4 Dec

No par

preferred
City Stores j.

6,600

110

30%

16%

•Dec. I

*180

108%

110

31

35%

37%

S

31

47

Monday

share

36%

110

18% Nov

5%%

__

85

36

54% Nov

Co

City Ice & Fuel—
City Investing Co common

-

195

85

16

Nov. 2!)

per

*165

31

*74

7,600

800

85

8

Preferred

900

36%

*109%

RR

Cincinnati Milling Machine
C I T Financial
Corp.

15%

189

109

111

Cincinnati Gas

31

85

Feb

27% Oct 22

1

1,100

?29

36 %

64

17% May 19

No par

6,700

86

89

49'/* May 19

Chrysler Corp

2,900

35'/4

<•140 ','4

23%
23%

15%

Jan

,

29,800

9%

30%

183

Series A preferred vtc

104

9%

Nov

Chicago & Northwest com_—No par
5%
preferred
100
Chicago Pneumat Tool com—No par
$3 convertible preferred
No par

700

30%
*165

61

31%

*83

7

No par

Chickasha

31%

15%

158 % Jan

Chile Copper Co

31%
10%

Jan
Jun

Copper

tChilds Co

40

86

10%
55

No par

B

400

39%

15%

Oct

Nov

No par

Ind & Louis Ry

2,100

40%

16 %

Saturday
S

10

23%

35%

16 %

"35

23%
*100

6%

31%

40

4%
39

36%

*30%

75

"31%
*83

189

1C9

31%

23%

31

36 %

110

59%

23

15%

*85

361/4

61%

8

19

preferred

Chicago

Feb

7% Feb

Co

Milw St

60

46% Nov

A

17%

4»A
*35

104
a

40

86

*165

90

109 %

"106

<

189

90

35%

109V4

31%

<'45

*165

22 7

10%

<'83

°83

23%
*99

32%

4%
39

Jan

Jan
Jan

13.

Products

East

Class
Chic

6,300

35'A

Chic

8,500

14%

33%

31%

31%

28%

14%

34%

&

5%

2,500

7%

141/8

6

Deo

34

29% May 19
135% Dec
5

25

—

5,000

3%

712
28%

Pasco

Belt

Class

2,900

<•51/4

<!34

1

common

Chicago Corp (The)—;
1
Chicago Great West RR Co com—50

1,300

10%

11

NOV

1,400

28

431/4

34%

Chic

27%

90%

15

Oct

1,000

28 %

4%

NOV

13

28%

43%

13%

20 Va Feb

13%

29%

901/2

14

10% May 10

70

4%

de

Chain

1,000

1033/4

90%

4'A

21% Oct
45

20% May 19

213/4

1033A

13%

12%

12% May 19
35% May 19

19% May 21
103% Jun
4

213/4

104%

14%

*27

61%

No par

21%

*103%

14

*28'V2

.

Corp

May

39%

Sep

Champion Paper & Fib com__No par
$4.50 preferred
_No par
Checker Cab Mfg
I-1.25
Chesapeake Corp of Virginia^
5
Chesapeake & Ohio Ry common—25
3%% convertible preferred
100

21%

104%

13%

4%

<•901/2

27%

13%

13%

28%

*27

*104

103%

13

28

Deo

39

10

common——

Certain-teed

9%

38%

7

22% Nov

10%

%

2

50% Feb

1,900

26

9

39% Jan

4% May 19
12% Aug 21
9% Sep 25

16%

*

3

preferred
100
Corp pfd 3.40% seT_100

09'/4

137

18

JCentral RR of New

25%

Highest
8 per ahar§

Sep

Dec

Jersey
__100
Central Violeta Sugar Co—___9.50
Century Ribbon Mills
No par

.

112

Nov

Central 111 Lt 4%%
Cent NY Pi

7%

9

29

Central Foundry Co—,——;——1
Central Hudson G & E Corp—No par

83

7.%

Corp

Jan

39

5% preferred
:_w——
-20
Central Aguirre Association—No par

'

7%

13%

Celotex

128

5

Celanese Corp of Amer com__No
par
$4.75 1st preferred-;
No par
,
7% 2nd preferred100

3,300

25

8 per share

50,,

series

Caterpillar Tractor

4,700

8%

8

101 % Nov

$ per share

100

(J I) Co
Preferred

100

18%

<

26%

83%

*7

13%

13%

26%

102%

*81%

7%

-

13%

"41%*
'135%

20%

18%
.

137'

101

*20 %
i

137

101%

26%

18 %>

,

137%

132%

132

27

<•201/8

105

44%

137 %

common

Case

135%

55%

138

Year 1946

Lowest

100
_

General

I per share

100

Co

4%

Carriers &

55%

44'A

44%
139

Corp

Preferred

1,700

<•1371/2

43%

Steel

7%

56%

55%

Carrier

2,300

43%
139%

<•137%

Carpenter

3,300

■' 7%

,

:

17%

Range for Previous

Range Since January 1
Highest

Lowest

Carolina Clinch & Ohio Ry
Carolina Power & Light Co

3,400

40

*39

40%
"

STOCK

Par

340

29%

29%

YORK

EXCHANGE

Shares

105

104%

29%

.

7%'

.

105

29%

NEW

Nov

32

Aug

xlll

Feb

Dec

115% Mar

24

35%

Sep

54%

104% July 31
20% Feb 10
106»% Apr
9

12%

Feb

22

101

Jan

Apr

July
Jan

33%

Sep
Sep

109%

8

53%

Jun

110% July 30
13% Feb
7

103%

Nov

113% Mar

44% Feb

8%

Nov

18%

Feb

55V2 Dec

1

46%

Nov

63

Jan

12% Feb

8

10

Oct

24

Jan

50% Oct 23
19

Feb

19

33%

Oct

49% May

15

Nov

*23% May

27'A Oct 23

13% Nov

30% Feb

53% Nov 21

46'A

Dec

56

17% Oct

6

12%

Oct

23% Feb

5

50

Oct

60

55

Feb

-

20% Feb 13
61

Jan

7

*12% Nov
52

Sep

Jan

Apr

27%

Jan

67%

Jan

17

18

THE

(2322)

LOW

$

I per share

S

sha

ver

SALE

%

per share

the Week

I per share

t per share

21

21%

21

20%

98

*96%

98

*96

98

*96%

97%

*96%

98%

*96%

98%

98%

66 V*

5

3

35 V*

12%

<■23

24

23

23

*41

41%

41

42%

12%

44%
32

32%

121%

103

11.-Vt

119 Va

120

24 Va

24%

*101%

15%

71%

*71"*
*29

13%

14

94%

*16%

17%

16%

*25 V*

26 V*

*25 V*

9%

9%

9

V2

137%

*137%

62 Va

*59%

*60

5%

5

20%
*26 V*

99

12%

12

12'A

*23

3%%

500

32 Va

32 Vt

32%

31%

32%

7,500

101'A

101 Vt

101%

101 Va

101%

350

122

122%

121 %

120%

$4 2nd

440

121

24%

23%

121%
23%

' 23%

4,503

69%

68 Vt

68 Vt

68

68%

700

5%

29

28%

29%

23%

29

240

Cuba

29

16%

16%

16%

16%

167/a

16%

2,100

9

28

Sep

35%

32

Oct

62

47

Dec

54%

Feb

25

Oct

40 V*

Apr

No par
No par

100% Oct 24
105 Va May 19

108% Feb 24
130 Ve Oct 16

103

Sep

110% Feb

110

Sep

150

Amer com—No par

of

22% May 19

13

29

Dec

88%

Dec

22

Oct

17 V*

Oct

68

Dec

preferred
100
Cuban-American Sugar common—10

22

5

16 Va May 14

19% Feb

7

Cunningham Drug Stores Inc—2.50

24 Va Oct 29
6% May 19

27 Va Nov
12% Feb

a

147
Dec
70
Mar
R% Feb

8

20% Nov

6

92%

92%

*90 Va

94%

90

91

200

*16%

17

*

17

Cuneo Press Inc

25'A

*24%

60%

60%
20%

20

20 V*

8%

9

143

*60

59

59

4%

5%

5

20 V*

20 Va

20 Va
*131

137

9 Va

11,000

27%

27%

26%

26%

25%

23%

23%

23%

23%

23%

23%

24

Pub

340

$7

300

5

%

4%

15,700

20 Vt

20 V*

3,700

20 Va

preferred

Curtiss-Wright
Class A

25%

24

25 Va

800

24 V*

23%

23%

1,800

1

common

1

12% May 21

100

129
Feb 18
18% May 17

—

Inc 7%

pfd

Cutler-Hammer Inc

21% Jan

113 Va Jan 16
56
Jun
6
4VaMay20

No par
No par

Cushman's Sons

137

*131

1 j7

*25

Jan
Jan

Apr

54%

Feb

115% July
46Vt

Jan

28%

Jan

No par

7

160

Jan

165

Jan

17% Sep 18
101
Mar 12

95

Oct

106

Mar

16%

Nov

24 Va

10

NOV

26

4

103

Oct

146%

Feb

1

60

Sep

76%

5%

Oct

12%

Apr
Feb

17%

Oct

16B

165

No par

com

Prior preferred

4%

new

com

(The)

Co

58%

142

142

24

27 Va

25%

Curtis

58%

147

61

*131

137

*131

137

200

141

5 Vt

5

600

25'A

140

141

*138

8%

9%

9

9%

9'A

Va

17

*24%

110% Aug

3

100

*91 Va

*16 V*

2

13% May 19
Jan
7
13% Dec
5
90
Dec
5

preferred

Cudahy Packing Co
4Va% preferred

17

96
Jan IB
34% Oct 21

5

10
100

7%

13%

25 V*

37 % Feb

May 2u

6%

13 Va

16 Va

2b

100

;

.

13%

25 Vt

Jun

20

preferred
RR

Jan

49%

Jan

13%

25%

10

7%

Oct

52% Mar 27
34% Oct 16

13%

3,300

Nov

Apr

Oct

45% Oct

2
No par

preferred—_—:

Crucible Steel

180

*165

180

*1-1)5

180

22%

101

Dec

14%

30

(The)

com

$4.20 preferred

24

5

4%

75%

210 Vt Mar

1
Apr 29

Seal

No par
Zellerbach Corp com—:
5

Crown

Mar

Nov

44% Nov

Cork

32 Va

31

Deo

7%

23
Nov 17
31% May 19

of Wheat .Corp
&

13

Xl85Va

Oct

'

preferred

$2

4

40 Va Feb

58% May

7

Aug 15
9

16

Crown

100

45

8Vt Jan
4% Jan

75% Jan
195

14

Cream

*43%

7

11% Nov

:a._l

r.mtrica

300

42%

45%

109% Aug

107

2,700

43'A

*43%

39% May

Deo

6
8

32% Feb 19
105% Feb
6
105% Jun 26

4

23%

23 Va

41%

45%

24

42

Oct

Nov

29
19
29
15

97 Va Dec

43'A

23 Va

42%

*43%

*23 V*

of

25 Va

5
Jun
2% Aug

100

preferred

Creameries

4,000

( per share

101%

Nov
Nov
Oct
Sep

174

common

13%

5 Va

*131

99

12%

12%

97%

Co

13%

25%

62

20 V*

20%
137

*131

16%

5

C'oty

Crane

x34

97%

100

12%

2,000

6,600

3 6'A

Higheat

$ per share

26 V* May 13

International Corp

2%
34 Va

2%

3

35%

*91%

141

137

27/a

3

36'A

$ per share

Lowest

20 Vt
98%
100Va
61%

1
1

Coty Inc

*16%

■

26

.9%

3,500

*165

180

13%

92 Va

*91 Va

*91%

16'A

16'A

13%

13%

31%

*165

180

*165

71

*29

16'A

15%

15%
180

*165

24%

70%

31%

430

5

*69

122%

24'A

71%

31%

71 Va
*29

32%
103

122

24%

24%

45%

*101

103

175

5

101

42%

32%

32'A

32

101%

23%

42

45%

*43%

44%

175

5

*97

23%

*43%

2,900

176

5

2%

12%

66%

66

preferred

pfd 3Va% ser of 1947—100
Corn Products Refining com
25
Preferred
100
Cum

176

35%

98

3Va%

5
100

Works common

Glass

Corning

Year 1946

Highest

$ per share

Par

6,800

176

3%

12%

12%

66%

21'A

5'A

5

98

100

12 V*

66%

67%

66 Vt

*175

36'A

3

35%

35%

*99

99%

*98'

175 V*
5 Va

3 Va

3

35 Va

35%

Va

5

*5

5

3

175
5

176

*175

67%

67'A

67 V*

66 V*

66 Va
176

175

21V*

21%

21%

21'A

21%

Range Since January 1
Lowest

Shares

98%"

*96Va

98%

*97

*96%

*97

98 Va

Range for Previoua

STOCK

YORK

EXCHANGE

97

*96%

*96

98

21V*

NEW

Sales for

Dec. 5

*96 Va

21

Monday, December 8; 1947

STOCKS

Friday

Dec. 4

Thursday

Dec. 3

share

per

CHRONICLE

FINANCIAL

PRICES

Wednesday

Dec. 2

1

.Dec.

Nov. 2J

HIGH

AND

Tuesday

Monday

Saturday

COMMERCIAL; &

Jan

132
Apr 23
30% Feb
1

July
Jan

34 Vt

Feb

Oct

July

45

May

Deo

25%

145

Deo

128

98 V*

D
*23%

94

20 Vt

20 Va

10

94

Cum

92%

*92%

94

*92%

20%

20 Va

20%

21

21%

21%

21%

•21%

900

23

22%

22%

22'/a

22%

22

22Va

21%

21%

1,100

Davison

9,100

Da "ton

*22 Va

22 Vt

22 Vt
26

25%

26 Va

25%

26%

25 Va

26

95

94

94

94

94

92

92

Chemical
Pwr <fe

93

92%

93

92

92%

91%

13%

13%

13%

13%

13 V*

13>/4

13

11%

11

11'/a

11

11 Va

HVa

11%

11%

*38%

39%

39

39

39

39

38

89

Dec

5

91%

90

Dec

5

101 Va

12%

13

2,100

Dayton Rubber Co

50c

12% Sep

12

11%

11%

4,500

Decca Records Inc

50c

11

37%

38

1

33

No par

31

500

Deep Rock Oil
Deere

Co

&

Corp

43%

44

43

43%

42

43'A

33%

33%

33%

33%

33%

33%

900

38%

38%

38%

*37%

38%

37%

37%

36%

37%

1,800

Delaware

&

7 Vt

7%

7 V*

7»/a

7'A

IV*

6%

7Va

5,600

Delaware

Lack

7

9,900

7%

7%

15%

15%

15 %

15%

16

14%

15%

39%

39%

39%

39%

39%

38%

39 Va

38%

38%

38'A

38%

2,200

21

21

20%

21%

21 %

21»A

21 Va

21 Va

11,800

25 Va

*16%
26%

67

*57

26

12'A

12%

25%

24%

25

*24

17

*16%

16%

16%

*16 Va

*26%

27%

2d Va

17

26 3/4

*16%

17

26

26%

25

26%

14

14

*57

40%

40%

40%

*40%

41

39 Va

43 Va

43%

43%

43%

43%

43%

44

43%

43%

44

44

19%

19%

20

19%

19%

19 Va

19%

2,600

16 Va

16%

15%

16'A

22,300

17%

17

17'A

1,200

34%

*33

19 Vt

19 Vt

19%

16%

16%

17

) 6%

17 V*

16%

16%

18

17 Va

17%

17%

17%

17 Va

17 Va

33%

33%

*54%

55%

17 Vt

*33

35

*33

35

*54%

55%

54%

54%

34%

35

*33

77

Feb

Detroit-Michigan Stove Co

10 Va May 19

13% July

17 Va Jan

3'

26% Oct

16%

Dec

19~%

Dec

Oct

29

23
2

Aug

900

35

200

54

410

Vilbiss

Devoe &

6%
Distill

2,400
1,900

Doehler-Jarvis

17%

16%

17

16%

17'A

5,600

Dome

49%

47%

48

46%

47%

4,300

39

9,500

38%

39%

39

39 V*

99%

99%

99

99%

98%

99%

99%

20%

20%

20%

20%

20%

20 Va

20%

91

87

87

x85%

15

15

15

15'A

*86%

91

*86

14%

15

15

15%

15%

15

97

2,600

20 V*

19 Va

20

7,100

86%

*84 V*

15 Va

14%

15 Va

15%

15%

15%

15%

15%

95%

*84

86

15%

14%

14%

184 Via

184%

184%

186%

186

186 Va

185

185'A

184

185 Va

120%

120

120

120 Va

120%

119%

120

120

120 V*

*120

15%

LOW

Nov. 29

per

$

share

t

share

per

114

HIGH

AND

per

15Va

*15

SALE

*114
*15

115
15 Va

400

$4

15

preferred

300

S per share

50

Oct

34 Vt

2

11V* Mav 19

18 Vt Jan

2

14%

Not

30

19 Va Oct

15

16

Oct

6

Sep

18

28%

Not

52

30

48%

Sep

62%

Feb

in

25%

Not

48

39 Va Oct

23

X23%

Sep

37% May

21 Va Jun

18

16 V»

Deo

Jan

7

63%

Not

108 % Mar
118

25

May 22
Dec
5
20
28% May 19
16 Vt May 14

45% May 27

76

15

common

No par
No par
50c

common

preferred

100
1

conv

(new)
No par
Pont de Nem (E I) & Co com__20

1,700

Duplan Corp

4,100

Du

49

36 Va Sep

3

ll'IVa

Deo

22 Vt Jan

Mav lb

x85% Dec

34

Apr
Jun

Mar

29%

Feb

42% July 24

8

103
Nov 26
95% Dec
5
14

Jan

July

55% Oct

40 %

May 19

No par
No par
5

International^

3%%
Dunhill

183 %

15%

Oct

98% Feb

91

Oct

Feb

15

Oct

1)4"a Feb

19

10 % May 19

14% Nov 29

14

Jun

104% Oct

33%
116

Jan

Apr

41% May

17% Nov

97 Va

173

May 27

197

July

161

Oct

227

Jun

800

121

97 Va

Sep

16%

series A

Industries

Dresser

15'A

181V*
*120

42

13

$3.25 2nd preferred

1,500

86%

Preferred $4.50 series

No par

119

Nov

24

129 V* Aug

124

Dec

133

July

2,000

Preferred $3.50 series

No par

97

Nov

17

107% Sep

110% Sep 12
14 Va May 20

115 Va Jun

112'/a

Oct

116%

13%

Sep

*113%

115

120

Duquesne l ight 5%

14%

15

500

DWG

100
5

1st pfd

Cigar Corp

19% Mar

Sales for

Dec. 5

the Week

1 per share

t per share

NEW

YORK

21

Feb

May

Range for Previous

STOCKS

Friday

Dec. 4

Thursday

Dec. 3

share

97%

*15

103 Va

PRICES

Wednesday

Dec. 2

1

,!)ec.

98

114

15 Va

Tuesday

Monday

Saturday

97%

98

98 Va
114

*15

15'/a

15 Va

15%

114

115

115

115

97%

99'A

98%

99 Va

*99

*113%

37'/a

103%

99

19 Va

99%

20 Va

39%
104

97%

104

105

*103

103

26

No par

Douglas Aircraft
Dow Chemical Co

38%

Aug

Jan

No par

16%

48%

103

Apr

60

24% Feb

Ltd

Mines

18

50

39'A

60Va

2

Corp

17%

105

Oct

No par

49%

38%

39% May

34%

26

Co

18

*103

Sep

17

Jan

Co common

50'A

38%

23%

Jan

Jan

Nov

A

Pepper

17%

103%

24

S

47

22

18

1

48 Va

48

Oct

31% Feb

15

16

Ltd

Corp-Seagrams

Class

15 Va

20% May 14
35 Va Apr

42Va

Divco Corp.
Dixie Cup

7

2

25

Car

T Motor

Aug

44

Co

partic preferred

Diamond

48%

38 Va

No par

common

18%

103%

5
12.50

Co
Match

37%

37 Va

1
1

Raynolds class A

Diamond

36 %

37%

Apr

28

Oct

3 7'A

22'A

38

100

Oct

37'A

23

100

60

Dr.

22%

Jan
Jan

23

20%

38

16 Vt

1

20

23%

Oct

62 V2 Oct

54

38 Va

6%

4

54

23

S

59

21V»

38

July

50 Va

26

54

38

Jun

42 V*

20

20%

23%

18

1

;s

58 Va

Sep

Oct

55'A

i,

Dec
Oct

25 Vt

16% Nov

54%

22'A

23

*37%

*17

31%
33%

0

27 Va Mar 25

De

700

43 Va

16%

23

20

1

70Q
1,100

40%

*

46% Oct

38% Feb

1

10% Feb

Detroit Steel Corp

16 Va

32% Dec

5% May 19

20

600

40'A

Dec

45 Vt Mar

pfd

for

2,800

25

Apr

22%

32% May 19

com

for

12 Va

16%

34%

Nov

6% May 19
*>*% May ]q

ctfs

24%

25

Nov

17

31

Detroit Hillsdale & S W RR Co__ 100

67.

*39

16%

11

45% Oct

8
May 17

RR

West

Edison

12

17

11

Aug

20% Dec

ctfs

Escrow

Detroit

24 Va

40%

23% Feb
20% Feb

50

Western

Grande

12%

26

*39

*18%

&

Rio

&

Escrow

4,200

40

19 Va

20

July 24

25

Sep 29

100

Hudson

24 Va

12 Va

12 V*

25%

12

*25 Va

25%

67

*57

12 Va

Va

12%

12 %

14%

common

Preferred

Denver
14 %

Nov

May

101% July 29

100

32%

67

36% July

100

series B

44%

12 Va

Sep

series A

Preferred 3.75%

44

*57

28

3

Preferred 3.75%

32%

*

0

25 Va Dec

160

620

33

67

35 V* Jan

26

44 Va

20%

31 % May

90

32%

*57

Not

90

43%

67

34

16 Va

91 Vt

25%

33%

21 Va

Not

23

90

43%

*57

17

24% Oct

63

43%

21 Va

29

25%

*32%

7%

26

23% Oct

38

93

13

38

7

Light common—

18

96 V4 Jun

90% Nov

13

94

13

11%

38

5
1

(The)

Corp

26% Sep

12

14% May 20
16% Jan 16

19% Aug 26

100

A

Davega Stdres Corp N Y

91%

25 Va

*90

*93

38

1

series

pidi 3%%

92%

25%

39

*92 V*

93

20%

*94

*38

94

Corp common

20%

*92%

*92%
*

Dana

STOCK

Year 1946

Range Since January 1

EXCHANGE

Lowest

Lowest

Shares

Par

Highest

$ per

$ per share

share

S per

share

Highest
$ per

share

E
22%

*22%

*22%

22%

22%

22 Va

22%

22%

*21%

22

22

21

1,200

Eagle-Picher Co

10

19% Jan

16

Nov

5

17'/a

17 Va

17'A

17%

17%

18

18

1«%

17 Va

16 Va

16%

17,400

Eastern

Airlines Inc

16 Va

16%

16%

16%

15%

16%

14%

15%

14 V*

14%

14%

14%

5,900

Eastern

Stainless

45%

45 Va

45%

45%

45%

45%

x44 %

44%

43%

44%

42%

43%

13,200

176%

176%

*176%

178%

179%

xl78

180

175%

175%

177%

80

56%

57%

x55

55

54'A

54%

54%

1,300

Eaton Manufacturing Co

4

42% May 17

*19%

19%

19%

19%

2,100

Edison

\

19

95%

*95 Va

178
56

56
*

56

56

19 V*

19%

19%

19%

95

95

96%

*95

16%
*105%

5%

*12%

36

2%
*146

137

51%

5C%

52

12%

12%

2 Va

15'A

145

146

135%

138

138

54

53%

54

53%

54

*16

16%

16%

17

16%

17

59

15

xl6

58%

59%

15

15%

14%

19%

19%

Xl9%

12%

12%

12%

18%

13 Va

13 Va

13»/a

104

105 %

*104

*2%

2%

2%

2%

33

33

33

33%

__

—

53%

58%

19

104

*136 Va

15%

*12%

2%

2

14%
145

58%

*18

33 V*

12 Va

*33

15

,

18%

104

*

58'A

15

16%
106

x50%

*53%
*58

16
*104

52%

148

135%

97

5%

13'A

2

19%

95 Va

5%

36

15

16'/a
106

*

5%

*33

2%

19%

19%
97

5%

*12%

15%

15 Va
*144

149

137

52

*104

12%

x2%

15%

5%

16 Va

16%
106

35%

*33

2Va

15 Va

52%

12%

13 V*

*33

5%

51%

52

52

106

106

*105%

5%

*5%

16%

16%

16 Va

16%
106

95

17 Va

33'A
104

2%

*32 Va
105 Va

2%

13

35%
2

*33
2

5%

35%
2

15

14%

146

147%

148'A

138

138

138

15%

54%
19 Va

15%
*104

50
*60

66

*60

49%

50
67

*60

8%

8%

common

10

preferred

Bros Stores Inc

% %

preferred

Ekco Products

100

Co

1.700

50%

51%

4,700

Electric Auto-Lite

12%

12%

2,400

Electric

35%

_

_

2 Ve

*2

14%
148%
*136%

2,300

15%

15,700

149'A
138

5

common

4Va%

5%

*34

100

common—.

100
1

,

(The)

5

2,600

2

Elgin National Watch Co

58%

2CVa

11%

1,600

33%
106

2%

32%
*105

2%

32%
106%

33

33

104%

8%

8%

50

49

66

*60

66

*60

V*
1%

1,200

Battery

Natural

Paso

No par

Gas

Emerson

Electric

Emerson

Radio

15

JFmiitable

7,900
8,600

Erie RR

700

*9%

10

x9 Va

9%

19%

19 Va

19%

19%

19%

19%

19

19 Va

19

19

11%

12

12

12

11%

12%

11%

11%

U V*

11%

44

44

*42%

44%

44%

45

*43 Va

10'A

10 JA

*10

11

52%

52 V*

*52%

53%

*30 V*

30%

30%

7%

7%

7%

*38%

39%

38%

38%

9%

*60

8%

9

—

1,500

18%

18%

900

11'A

11%

7,700

Office

NOV

6%

NOV

16%

Jan

65% Feb

13

50 Va

Oct

80 Va

Feb

114

Feb

Wiiliams
Products

No

29 V2 May

Sep

180% May
167

July

156 Va Feb

24

128

Sep

57% Oct

3

40

Oct

66 Va

Jun

44%

Sep

61%

Jun

Feb

24% Mar 19

11%

NOV

30 ye

Deo

437/o Mar

19 Va Jan

8

17

Nov

21% Oct

104

Sep
Jun

par

100
50

27% May 17
May 7
2% Dec
4

102

8% Dec

5

% Dec
5
8 V* Dec
5
47% May 19
63
Nov 24

38

107

Apr

2

2

Mar 24

4Ve May
4% Dec

5

1 Va Dec

5

3

Jan

3

48

Oct
Oct

23%

Feb

93

Jnn

35

Mar 25

90

Oct

95

Jan

8

10

Oct

22%

Jen

7

15%

Oct

25 Va Jan

7

21%

NOV

Apr
58% Apr

34%

Oct

63% Jan

Oct

11% Jun

13% Feb

1
3

Corp

7% May 17

32 Va May 19

50% Oct

18

May 12

13 Va Aug

6

Jan

44

44%

43%

43%

900

10%

*9%

10

10 v*

11%

1,700

Exchange Buffet Corp

53%

55%

54%

55%

53%

53

53 Va

1,400

Fairbanks Morse & Co

30%

30%

30%

30%

31

31

30%

30%

1,600

7%

7%

7%

7%

6,500

Fajardo Sugar Co of Porto Rico__2o
Farnsworth Televis'n & Rad Corp__l

*36 Va

37%

600

Federal

32

16%

17 Va

Jan
5% Jan

12 Va Feb

18
May 19
10 V* Nov 17

44%

llT

67

5

10

2 V«

5

5

Corp

1__

Ex-Cell-O

Jan

Deo
Oct

17 Va

100

Inc

7%

3%
13%
138

8

No par

Co

Eversharp

5

July 24

28

;

preferred series A
Erie & Pittsburgh RR Co
Evans

3

19% Feb
171

21% Feb

common__25

5%

Eureka

8

16% Oct

BIdg__

common

Sep

47
Jan
15 Va Dec

10%

*10

106 Va

18

9% May 19
13
May 19
11% Dec
5

Rights

8%

-

Dec

17%

18

8% Feb

46% May 20

1

48 Va

—

27Va

17

lllVa Feb

4

New

8'A

65

Feb

Aug

3

i

Mfg Co

&

Endicott Johnson Corp
4% preferred.

48%

65

Oct

71

40% May
112

59% Oct

Phonograph
5
Empire District Electric Co
__10

8%

10

8%

"4

El

49%

*9%

9%

60

5.700

_3%

*49%

900

105

2%

Oct

14
8

15%

11%

27 Va Feb

101

3% Jan

15%

12 V*

4

11% May 19
145
Dec
2
135 V2 Dec
1

15%

11%

Dec

7

Feb

Electric Power & Light com__No par

15%

12%

Oct

23%

2

25 Va Feb

48% Jan

X58 %

1,700
3,800
4,900

39

57% Dec

109

35% Apr

16'A

14%

Aug

Oct

Electric Storage

58

209

Deo

1,600

21

Nov

21

12%

53

14%

Jun

190

198 V8 Oct

34%

No par

58

61

48% July 23

5

No par

14%

Oct 21
4% May 19
50Va May 17

31% May

Jan

10

preferred

20 Va

Nov 20

15 Va Aug 29

106

Nov

30%

18

16% Feb

preferred

58%

May 17

16 Va

30

39 Va Jan

$6

14%

18

3

Jan

10 Va May 19

500

19%

95

Nov

Sep

Apr

51

25% Aug

33% May 29

1,400

14%

166

30% May

19

2 4 V*

3

common

$7

20

4
42VaMayl7

No par

Boat

Convertible preferred
Elec & Mus Ind Amer shares

53

50

9%

40

cumulative

5%

%

x8%

9%

9%

9%

2,800

106

4

Co

53%

—

50V4

15%

40

14 V* Dec

preferred
Elastic Stop Nut Co

__

"9%
*49

97

*96

6%

Kodak

16

5

53

53%

—

__

*175

Eastman

1

Corp

Steel

24 Va Feb

9%

7

33%

2.50

7

No par

44

60

30

47%

not

88

25 Va Jan

31% feb

1

21%

Sep

36% Feb

9% Feb

7

7%

Deo

Jlan
54% Feb

F

.

For

,101

footnotes

see

7%

38%

38
*18

7%
38

Mining & Smelting Co
Federal-Mogul Corp

2

17%

17%

17 Va

17 Ve

12

*11%

11%

11%

11%

11%

11%

1,300

Federal Motor

22%

23%

22 Va

22%

21%

22 Va

22

22%

5,600

100%

100%

100%

101%

Federated Dept Stores com—No par
4%% convertible preferred
100

101%

102

30%

12

22% .23%

101%

*38

7%

12

23 Vt

./■

11%

38%

7%

17 Vt

17 Vt
11%

17

11%

*22%

17 Vt

38%

8

*53

.

n«ee




26.

101

18%

101

100

100

1,300

290

Truck

„_5

No par

May 19
16
4% May 19
May 16

16% Dec

5

9% May 19
19
Apr 18
98Va Nov 25

42% Mar

7

23 V* July

35

Oct

May

19%

14
10%

Oct

28% July 23

21

Nov

12

104

8ep

14 Va Feb

107% Jun

8

21% Jun
34% Aug
108

Feb

Volume

166

Number 4653

COMMERCIAL

THE

YORK

NEW
LOW

AND

HIGH

Satnrday
I

Monday

Tuesday

Nov. 2.)

.Dec. L

SALE

Dec. 2

per

1

share

per

I

share

FINANCIAL

STOCK
the Week

f per share

-1 per share

NEW

21%

22

*21'/a

22

21%

21%

*57

57%

58%

58%

57'/a

58 %

58

58%

58%

59

57

58%

50

50-%

50

51

49%

50 %

49

49%

48%

49

4,200

104 Va

104%

104

60%

62%

104%

105

*59%

61

16 %

33%

*21 Va

16 Va

16 Va

34%

35

35

14

14

35%

100%

100 %

141/8

*34

22%

22 %

22%

31%

31%

31%

36

14

xl3%

11 '/a

10%

11

82

82

97%

*95%

97%

97%

97%

*96

26

26

27

27%

28

25%

25 %

25%

15%

'39%

15
->

15 %

14%

39%

40%'

39%

12%.

12%

20 %:

19%

20

79

*12%

77%

78

12%

19%
*77%

9'/a

9 Va

8%

9Va

97%

26%

27%

24%

24%

14%'

14%
39%

*12

8%

9

13

9 Vb

8%

8%

8%

19 Va

19 Va

19

19%

*18%

*14%

14%

*14%

14 Va

14%

14%

*14%

14%

*14%

20%

20'/a

20%

6%

5%

31%

30%

22

22%

14%
*100

52%

10 Va

15
*100

55%

10%
166

10 Va

*160

10%

7%
No par

10 Va

10 Va
163

163

53%

10

10%

164

158

10

Co

(The)

1
20

common
(Robert) com

Inc

Gar

Wood

4%%

5,200

1

Co

No par
—No par

Industries

Inc

11%

11%

11%

*11%

12%

12 Va

*11%

11%

12

11%

12

12

12 Va

12

79

79

79

79

80

79

conv;preferred.,

50

Gaylord Container common—1.66%
General Americah Investors com
1
$4.50 preferred

'53%

3*600

10%

General

100

Amer

Transportation
General Baking
$8 preferred
No

1,700

158

110

39 Va

38%

38 %

39

39

24%

24 Va

24%

24 Va

24%

24%

*143

147

*143

145%

144

35

34%

35%

35%

35 Va

35%

*90

92

90

90

*89

Va

*12

12 Va

12 %

*12 Va

12%

48%

*12

49

46%

*126

127

*110

113%

57%

*125%

126

108 %

113%

57%

57%

126

99%

47 Va

126
*

58%

126

99 Va

126

99%

14 %

14'A

*14%

15%

19%

19%

19%

14%

14%

14 Va

2%

2%

*2%

12 %

12 Va

12

22

22 7

21%
*127'A

129

128

128

4%

4%

26 Va

*

27'A

*30

30%.

*117

118%

14

14%

lo %

14

*2%
12

12 %

22

22%

22 Va

129

*127%

4%

30 V4

*24%
*99

22%

25%
*52%.

6 1

HIGH

61

per

92
25 %

*52%

92

43

18 %

91

*118
22 %

43%

43

103

10.3

19

18%

5%

5%

6

6

6

6

6

*6

*32

35

*33

35

*32%

35

*32

*19

19%

19%

*19%

20

*25%

26

*98

25 3

26 %

4

25%

5%

19%

26%

*26%

6 "4

22%
597

8

103
43 %

103

18'A

5%

612

6'/8

121%

22%

22 %

58%

5%

42%
103

59 'A

102

43 '/a

102%

18 Va

5%

18

5%

400

5%

2,600
30

?2

4

5,500

10.%

41%

103

18

200

5,500

59

4

58

U 2 *8

*102

500

7,400

122

*120
20 3

6,800

24 %

5

6

17%

26 »/a

25%

25%

98%

98

98

*98

93%

*98

99%

98

10%

*10V8

10%

*10

10%

32

31%

31%

*30

31%

*15 Va

16

'98%

25%
*97

10%

5%
*32

$5

Co

4%%
Gofcbel
Gold

Stock

Goodrich

$5

Co

6

1,000

35

Grand

Union

1.100
'

Granite

2,800

Grant

60

10%

9%

9%

2,500

29%

29%

200

3%%
$2.25

*63%

68

x31%

32

31

31%

31

31%

3,300

le

xl5

15

14%

14%

14%

14%

2,000

Greenfield

34,100

6

%

6%

11%

7

*91'A

12%

7

93

11%

45

*42

32

6%

93

*91'A

11%

*92

12'A

*43

11%

99

142

68

110

68

11 Va

11%

93

27%

28%

27%

27%

8%

7%

8Va

7%

*94

11%
*99

11%
100

8

150

3,300

19,000

95

94

94

93

11%

12%

185'

July

18% Jan

I f

10%

3
20

13

9

11%

11%

12

11

12

43

44 %

1,200

68

70

6,000

4,900

-

93 Va

45

43%

43%

42%

43%

43

43

70%

70%

70'A

70%

70%

70 V3

70%

70%

69%

14

14

14

14 Va

14

14 Va

70%

14

14'/a

14

14

14

14'/a

35%

*35

cms

35%

35

50

8
7

156

3

33%

Deo

52.-

Feb

Q

38%

Oct

56%

Feb

11,000

35

*

54% July 11
131 Vs Feb 25
*122

Feb

6

11

129

20

Mar 25

Nov

16

42

Jun

126

Deo

135%

Jan

114

Sep

123

Jan

47%

Oct

,

54% Aug

80%

124% Nov

132

101%

103 .1

Deo

Feb
Feb
Dec

18

Nov

29

Apr

40%

Jan

24

21%

Nov

2%

Oct

6

Oct

23% May

19

31% Feb

8

14%
24%

Nov

48

May

Oct

150

Apr

125

May 19
Oct

3

3% May 17
18% May 19
26

May 27
101% Apr 19
27

140

Feb

26

«

4%

Oct

11%

Feb

20 %

Oct

26%

Jun

29

Jan

47

Jun

101

Oct

132

July

32

Nov

36% Jan 23
124% Jan 29

19% Apr

14

30

Feb

3

106

Apr

Oct

21% May 27

Jan

6% Feb

1

101

7%

29% Oct 20

Dec

35% Jan

2

1

15

137

24%
105

40% Feb

11

32%
102%
86

49 % May

Oct

46%

Apr

Oct

111

Feb

Nov

60

Jun

Sep

118

Jan

Oct

104%

Sep

Year 1916

Highest

$ per

$ per share

share

23% May 19
90

Dec

17 Va

May 19

91

Dec

5

3

23% Dec
5
51% May 6
5% May 21

32

in*»

t per share

Mar 31

105% Jan

30

Lowest

Feb
Jan

20

Highest
S per share
42%

Apr

22%

Jan

102%

Deo

108

100

Oct

106

Apr

53

Deo

58

May

May

7
6

26% Nov

19

58

17

Fet.

i

124

Oct

29

116

5

83

Feb

id

27

Nov

47% May

Jun

6

71% Feb

11

59%

Nov

88 %. Apr

49

5

12

5

7

Sep

13

106

com

pfd

1007/a

Sep

50%

Nov

105%

Sep

13% May 13

24

Jan

10

19%

Nov

43

Feb

8% Oct

24

5%

Oct

16

Jan

12%

Jan

3

May 19

5% Dec
Jun

5

25 % Dec

2

61% Feb

6% Mar 27
Jan

1

21 % Oct

23

41

5

83

98

Nov

1

107

1

9

May

2

29% Dec

5

No par
No par

No par

13
Apr 18
34% May 21
21% Dec
3

100

141% Oct 31

100

59

May 12

1

29% Oct

7

Corp__No par
Greyhound Corp (The)—

14% Dec

5

Die

'a

No par

preferred

9

10

28

Nov

5

101

Nov

Jun

Feb

12%

Deo

13%

Dec

18

33%

Deo

35

Dec

Sep

30

13%

Dec

21

3

40%
22%

Oct

64

Jun

Nov

34%

Jan

188%

Apr

17

49% Feb
27% Mar

5

Feb

163% Jan

27

158

Oct

Feb

5

55

Oct

79

Feb

20%

Deo

20%

Dec

nr>

35% Aug 22
21 Va Mar 5

11% Nov 21
27

102%

Oct

14

23 %

Deo

52%

«% Jan

10

6%

Oct

13%

Dec
14% Feb

4

94

No par

31% May 21

49

57% Anr

14

74% Nov

8

16 Va Sep

80

Nov

111

Apr

Apr
Jan

12

25
Co

40%
112

10

No par

preferred—a

54% May
27% Feb

32% Oct

Dec

Jan

14% Feb
37% Feb

78
May 17
6% May 19

No par

Gulf Mobile & Ohio RR—.

Apr!

105% Feb

17

1

Mar

Mar

77

1

99

1

common

July 29

Jan

5% Oct
30% Mar
12% Oct

107

113%

May 27
4% May 14

100

Corp

Jan

4

pfd

RR

Jan

21

Prop

Co InC——

8%

151%

Aug

9

com

& Western

Nov
Nov

109

No par

Preferred

July 23

5%

25

41 % Jun

6%

$5

Apr

8

26

100

Gulf Oil Corp
Gulf States Utilities

Apr

b

Ore

conv

-40%
182

.

Oct

Feb

Sugar

$5

Apr

Jan

13

80% Aug
47% Aug

20% Dec

1

common

Sugar
preferred

Apr

16%

104% Jun

No par

com

Guantanamo

28%

Sep

4Va Feb

31

Aircraft

Nov

8%

16% Jan

5

Northern

Common

71%. Apr
14% Apr
Apr

200

Deo'

2% May 16
11% Dec
5

Nothern Iron

4Y4%

Sep

*170

1

85% Feb

3

Gt

Grumman

21% July
109 *,"• Dec

.

103
Aug 21
16% Mar 3

12% May 19

Tap &

:
-

46% Jan

Gt

Bay

'

39"% Feb

No par

Ry

Jan

67% May
24 r May

74% Deo
x35% Sep
27% Oct

160

No par

Great Western

Green

99

29%

7%

95

7,500

142

*63%

x29%

7%

11%

11%

99

Sep

Jan

May

100

No par

conv

Green (H L)

143

1

F)

Co

cum

32 Va¬

99%

Deo

48

17

10

Co

Inc

preferred

68

142

50

Grayson-Robinson Stores

146

11%

104

17

47% Feb
33
Feb

Steel

(W T)

144%

31%

Deo

14% Feb 11

Co

City

*63 Va

*63%

5

new—No par

Telegraph

(B

No par

No par
com

Graham-Paige Motors
Granby Consol M S 6c P

7,800

99 %

13%

9

•

Nov

20

:

Defr

-

Range Since January 1

No par

common

Hosiery

11,500

11%

IB'

Oct
Jan

83% July 16

51% Jan

Gotham

15

31%

38

58% Oct
18% Feb

124% Nov

13% Dec

Deo

16

May 19
Dec
1
Dec
1
May 19
May 19

102 % Nov

33

14%

com

preferred

21%

99

7%

b

Range for Previous

Brewing Co

&

14%

11%

28%

Lowest

preferred

Goodall-Sanford

21%

31%

5

STOCK

Razor

(The)

conv

35 Va

93

com—No par
com

$4.50 preferred
Glidden

15

11%

,.20
100

Brothers

36%

31

No par

preferred

conv

Gimbel

21 '/a

100

pfd

YORK

Gillette Safety

35 Va

11%

10c

Par

21%

31

5

EXCHANGE

15 Va

*99

Sep

109

Dec
5
11% Jun 16.

100'A Nov

31%

*30

NEW

21%

*15%

17

5

37%

15'A

26

Feb

15

15

Apr

NOV

98

36%

15

Jan

14%

Nov 25

21%

15

No par

100

Corp

Co

11%
21

81

15%

146

1

1

Corp

Oct

Sep

43% Feb
4
23
Nov 21

Nov 25

Nov

16%,May

Sep

7

July

18%

9 % Feb

48
Apr 17
9% Oct 16

32
35%
90
11
43

27% May
Jun

xl7V4 Feb
3
21% Nov 19

12% May 24
14% May 17
4% July 22
26% Aug
4
14V4May21
10% May 19
100

10%

23

Jan

*

uun

100

22

*144

10% Oct
2i

preferred

37%

31%

17% Feb 17

22

15

68

5

5% May 17
12

18%Jun

Jan

21%

32'

112

106

37 V8

144 Va

48

Sep

26

37 Va

32

Nov

M

Nov

22 Va

*63%

Nov

28%

■

93

36%
*142

IS

2

102% Mar 10

100

22

31 Va

18

Jan

3

preferred

22%
68

Corp

Rubber

36%
143

Jan

4

19% Jan

10c

$6

Instr

&

36%

31 %

Corp

preferred

22 Va

*62 Va

22

39

18% Dec

77% Dec

No par

24,200

19

*31'A

Jan

800

5 %

19%

*10%

61

Goodyear Tire & Rub com—No par
$5 conv preferred
No par

9,400

18

34

10%

Sep

900

43

~6

mo

0, u

102 Va

*19

32

Co

Shares

54

*32

27

40%

13% May 20
18 % Oct 20

Corp

Cast

Time

4%%
3%%

92 V8

23 Va
*52

19%

99%

*140

Equip

Telephone

Tire

Sales for

45

*31%

15 %

5%
121 Va

122

*10

15

Steel

the Week

*90

24%
53 %'

23'A

Gen

4%%

S per share

93 Va

*90

24%

5%

10%

f per chare

53

Va

Cement

Refractories

General
Gen

Dec. 5

24%

6

10

No par

common

Utilities

General Shoe

Gen

Friday

i

53 V2

5%

*5%

Dec.

*51%
*

Jan

50% Feb

STOCKS

Thursday

91

Feb

35%

107% Sep

No par

83

x24%

5%

5'a

*79

28

Sep

3

General

700

21%

59 Va

102%

83

49%

Sep

20%

99

No par

94

*79

Nov

25%

8

No par

Railway Signal com
6%
preferred 1
Gen Realty & Utilities

6,700

90

*102 %

*

24 %

2- '/a

*89

25%

122

1,300

101%
Va

20%

60 %

19

a

94

54
6

44

2

90

102%

103

*99

2.4 *8

22

102 Va

43

24 %

25%
101 Va

Va

220

28%

93

101%

103

28%

21 %

59 %

*18%

25%

900

117

93

23

19%

28 %

28 %

30

29%
117

II,700
1,900

22 %

58%

43%

30%
118

20

4%
26

25%

95

22%

23 %

104

30

129

4%
,

28%

4

43 %

*127'A

4%
26 %

28 Vb

58 %

*18%

129

28 3 4

22 3

*102%

127 'A

_No par

Service

Public

PRICES

*92

10-

com

Gen

28%

58%

4

1,100

28 3 4

22 3 8

1013

21%

281A

58

103

21

share

22%
*101%

22

per

1

22%

*118

122

Public

Gen

*89

Wednesday

share

6

a

Precision

Gen

22

83

8ALE

95
a

Gen

3,100

*99

*79

28%

22 3

8,100

23-,4
94

1

series-

Portland

37,000

Dec. 3

95

Va

54

122

122

*118

AND

25%

General

2%

101%

*89

83

28'Va

25%

6 %

4

1

92 %

25 %

54%

<;3

I)cc. 2

22%

*92

25 %

25%

5,700

12'/a

4%

iiya

IB

2

Outdoor Adv.

2%

117

28 %

22%

Tuesday

1

96

22%

93%

30 %

117

*99

23

*79

28%

*95

25%
101 Va

22%
*8 1

28%

*52%
*6

30 %

28

Monday

22%

*92

30'A

Gen

11%

X26

13

10

$3.75»

July 24

25% Jan

24

No par

Apr

12% May 20
36% May 19
11% Nov 21

144

No par

Fen

loo"

26% Jan

Dec

6orp

Motors

*21%
*

110

Sep

29% Feb

100

preferred—2—

2%

12

7

108% Dec

12%

2%

3

129

500

Nov

125% Nov 20

Preferred

15

96

71

19% May 17
23% May 23

100

$5

Jun

7

100

General

29

94% Jan

No par

I,100

20%

69% May 17

common

2,700

Jun

21%

5%
preferred— I
3%% conv preferred

99%

14%

14 Va

2%

12%

Mills

20%

Aug 28

Sep
Oct

23% May

No par

Corp

16%

Oct

Jun

Instrument

126%

14-8

14%

$3.50

Apr

tf

Jan

8

com

67

12%

Sep

Corp
preferred

Oct

11V4

37

Foods

99%

18%

12l/8

General

Jan

33%

u

50

No par

Jun

110

i

24

May 19
Apr 28

com

Sep

14

8
7!

Co

105

17% Jan

158

5

28% July

46%

15% Feb

No par
100

Electric

126%

19 Va

27 Va

share

28,500

General

99%

99%

*14%

4%

per

57 Vs

56

500

100

15%

28

1

57%
126

47 Va
126

112%

19%

28

,Dcc.

126

*108%

15'A

26%

83%

126

.

19 Va

4%

94

57%

58'A
99%

*46%

126

112'/a

15 Va

28'

*79

97

22 %

General

47% s

126

*108'A

126 %

99%

116

Nov. 2.)

*95

57%
126

lib

Saturday

•

1,400

47

47'A
126

116

*90

29

General

19%

LOW

8

800

27%

25 %

287

12

4%

101 %

share

12

19%

30 %

22 %

83

12

108%

27

94

12

27%

*24

400

12 Va

47'A

117

22 %

90 Va

35%

5
par

70% May

Oct

33% Oct

1

General Cigar Co Inc
7%
preferred—

90'/a

4%

30 %

35%

27,600
10,900

35%

33%

5

NOV
NOV

-

13

'preferred

2nd

conv

91

126

58'A

20

34%

4%

91

108 %

99%

1,600

145%

,

91%

12

126

*143

34%

Corp—

General Cable Corp com
4%
1st preferred

35%

27%

4

*99

per

35%

144

General Bronze

34%
35%

*14%

*127 %

26%

t

144

34%

22

101 Va

*79

145 %

2%

*25

*91

24

15%

Va

*99

22'a

24

116

27

*26%

24 Va

19%

14%-

4%
26 3

24

14 V2

22

a

W241/4

19%

3

12 Va

38

*90 »/a

47 %

57%

19%

*36

112 Va

99%
*

38%

126

125 Va

100

400

38

34%

36

47 %

126

*108'A

350

39%

*143

35'A

35 %

500

4,500

79

24%

91%

34%

11%
11%

79

*38%

144

34%
35%

11%
11%

79%

11%

79

*38%

12

12

*79

*11%

12

*77%

1

com

52

8'/a Dec

100

—

(The)
Gardner-Denver Co

4,500

15 Va

Co

preferred

Gamewell

100

53%

10 Va

*158

20%

14%
100 Va

No par

—

preferred-.!.

6%

700

20%
*

Co

Sulphur

Gair Co

4,300

29%

Sugar

cum

Gabriel

800

6 Va

29%

15

53%

20%

5%

101

54%

500

20

Va

4%

400

14'A

_100

105%

3

34% Mar

Sep

May 17

9

Froedtert Grain 6c Malting Co Inc_l
Fruehauf Trailer Co common
1

1,300
10,300

14%

21

14%
*100%

8%
8%

pfd—

conv

Freeport

Francisco

440

19%

cum

19%

41% Jan

May 29

14Va Jan

1

___

ll7/a

18

10

llO'A Feb 2b

3

30
May 19
13'/a Dec
5

Corp common
10
prior preferred—
—25

6%

13,900

8%

30

20%

15 Va
101

53%

166

30

21 Va

21

15

102

54%
*

30

30

21'A

15

*100'/a

54

*160

30%

21'A

14%
102

52 Va

10%
166

30%

21%

14%
*100

52%

10 Va
*160

X21%

14%
102

31

Corp

Steel

100'A Dec

No par

Foster-Wheeler

500

19%

8%

20%

6 Va

13

78 Va

*18%.

'14%

3 %%

2,000

19

19%

6

14%
40

78 Va

8%

19%

*31

No par

Power

Fohaiiaoee

4,200
,120
1,600

*12

„

8%

x8%

24%

39%

-

*19

6%

preferred

Florsheim Shoe class A

290

27

14

40

19 3'4

8%

97%

24%

19 %

21

25%

Florida

8,tuJ

26
'

14%

*39%

12

12

*96

97%

79

6 %

16

15

10

18%

*20 %

2s

39'/a Oct

lo

78%

6%

21% Jan

Corp
Inc.—

19%

21 Va

14% May 27
24
May 19

Fair Stores

79

6 Va

Jan

Machinery Corp—

19%

21%

109 Va

Food

77%

6%

Dec

Food

20 Va

20%

7

__No par

107V2 Aug
62'/2 Dec

5

104

100

Stores

1,100

77%

6'/a

Apr

Sep 16
51VaMay2o

prelerred

National

2,200

19%

20%

83%

10%

25%

9

Nov

81%

27%

9

51

10%

77%

8%

Feb

21

80

*19

9

70

Feb

10%

14% '

,

Oct

61

81%

97%

39 %

12%

49

42% Jun

10%

27%

■39%

*

2b

25

com

81%

*24%

.15

12'/a.
■

9 Va

8%

.

26% Jan

$4

400

31

< per share

59 V* Feb

Florence Stove Co

5,900

22%

30

Highest

< per share

26% Feb

10%

*81%

97%

*22

per share

46% May 27

5
Y

83

10%

81%

15%

13%

221/4

11

39%

13 Va

31

*80

26%

13%

22

U

.*25%

13%

30%

80%

25%"

200

22%

11

v

200

34 Va

31%

80%

*25%

100%

*33 Va

-A. $

(The) Carpet Co
No par
Flintkote Co (The) common—No par

1,200

341/a

S per share

Lowest

20 Va May 17
20% May 20

4%%

6,800

30%

Co

Firth

16

34%

22%

Mfg
Corp

Enamel

First

16

22%

Tarrant

Year 1846

Highest

1

bill)

33%
%8

Lowest

Fidelity Phen Fire Ins N
Firestone Tire & Rubber

3,100

16 Va

100%

Range Since January 1

10

Ferro

104

34%

31%

31

61

*33%

♦

&

62

*105%

62%

700

16 Va

13%

*22 Va

104-a

*:,8

100%

*34

21 '/a

21

22

Felt

1,300

34%

34%

35

13%

22%

31%

•

22 Va

22

22%

62%

16 '/a

34%

100 Va

36 Va

14

21 Va

61%

*16

34%
102

*100%

22%

105

61%

16%

16%

34%

22%

x21%

22%

*104%

61

60

102

*35

104%

*104%

16%

33%

100%

*21 Va

22 Va

Range for Previous

STOCK

Par

2,0u0

50

50

22

YORK

EXCHANGE

Shares

21%

No par

14

Nov 24

25

108

Jan

1

9%

Sep

30 Vt

July 22

31%
56%

Oct

78%

Sep

78

35

Nov

40% May

15

Oct

17%

Oct

Jan

Jan

May

H
*34

35%

35%

*35

35%

*15%

15%

15%

15%

15%

15%

xl5%

15%

*14%

15

13%

13%

13%

14'A

13%

13

13%

13%

13%

*13 %

13%

13%

95

*34

95

*106

106%

26'A
*150

96

26'A
154

*7%

26%

7%
82

*7%

*95

10o%
26%

*150

30

30

*78

96

*106

154

30

106 Va

26%
*150

30

*7%

30%

7%

*78

97%

*106

82

*7%
*79

*95

106%

27%
30%

,

30%
*7

106

106

*105

106

80

31

7%
81

7%

7%

7%

7%

26 Va

.

26 %

28%

2«%

?<•%

26%

*2G5/„

26

25%

25%

25%

26 Va

*25%

26%

93

*91

93

:

*91

93

*39

39%

*102%

103

For

footnotes

93

39%

102%
see

*7

154
30

7%

*79

81

25%
*150

29%
7 Va

*79

25%

3,400

154

1,300

Hart,

100

7

7%

7%

7

2,166

7%

7

'1 v4

6%

7 Va

b, <UJ

9nx/\

9"

26.

101

40%

40%

101%

*100%

40%
102

25%

■j

r»o

25%

25%

25%

93

90

91

50

40%

41

41

41

2,700

*100%

102

*91

*102%

101 %

(M

1,700

70

A)

h«

es

Hecht

Co

3%%
Heinz

3.65%

Nov

29

100

148% Oct 30

160

10

28% May 19

—

Marx

1

6% May 19

100

83

1

6

2
Co

common

Co

Jan 11
Feb
4
Jan 22
Feb
4

com—No par

Inc

Glass

cum

95

89
19%
19
112

108% Sep 12
27% Dec
2

Corp.-

J)

2

104
Apr 15
19% Apr 17

preferred

(H

30

Dec

Refrac

Industries

Hazel-Atlas

16

Jun

13

pfd—No par

preferred

'MTg

Apr

14

No par

100

Corp of Amer class A

Hayes

33

5

com

Co $4.25

preferred—
Schaffner &

4%<ft

6%

r» *■

Hat

Co

preferred

Harbison-Walk

7'/a

7'A

Watch

Conv

Hanna

29%
81

7%

9"

4%

6%

7%

V8

(W F)

Hamilton

20

7%

40%

102%




29%

26 %

7%

*91

40

page

26%
*150

7%

7%

*91

Printing Co

106%

25%

,

Hall

luO

8

8

600

3,500

97

150

*79

14%
13%

*95

27

8

Water

97

27

81

Hackensack

97

150

154

inn

97%

19

RECORD

Sales for

Dec. 5

Dec. 4

1 per share

(2323)

STOCKS

Friday

Thursday

Dec. 3

■"20%

22

CHRONICLE

PRICES

Wednesday

share

per

&

common

preferred

5

Nov

10

May 19

4% May 19
25% May 16

May 21

15

22

100

90

Dec

,,c>

35

May 16

._100

101

Dec

5

2

Jan 27

24

Aug

26%

Jan

103

Oct

119

Apr

105%

Jan

109%

Apr

20 y8

Sep

34% May
170
Aug

151% Nov

60% May

39% Jan
10% Feb

6
3

33
8

Oct

16%

100% Apr

7

99

Sep

106%

12
Feb
R
9% Oct 24
35% Jan
8
30% Jan
2

8

103% Apr 14
42% Feb 13
108
July 14

5%
29%
28 Va

101

Nov

Jan

20%

Apr

Nov

15%

Jan

Oct

36

Dec

51

May

Nov
Nov

41% Dec
103

Jan

Nov

Dec

109% Mar
44

105 V4

Dec

Dec

!

20

THE

(2324)

COMMERCIAL

NEW
LOW

HIGH

AND

Saturday

Monday

Tuesday

Nov. 29

,I)cc. 1

Dec. 2

50%

50%
144%

142

*142

18%

*53%
128 Va

54%

53%

54 %

54%
130
32

31

120

118%

*26%

27%

11%

54%
31

119 %

28

119 %

27%

118%

*26 Va

18

129 Va

*127

*31%

32%

119

144%

*17%

18%

*128%

130

*31

51 %

*142

144%

*17%

share

27%

8 per
*50

$ per share

share

50

*140%

144%

17%

17%

*140

127

120

30%

119
28

*119

25%

NEW

1

50%

Par

1,300

Helme

17

1,200

54

3,200

128 Va

800

120

$4

1.70J

11%

12

12

12 Va

3.800

Hilton

29%

30

*29

30 Va

1,900

Hinue

26

26%

*25%

26%

200

24

24

*23

23%

4,200

17

*15%

16%

100

12%
33

*25%

27%

*25%

27%

*25%

27%

*25%

26 %

24%

24%

*24%

24%

24%

25 Va

x24

24

17%

*15 Va

17

*15 Va

(C

Co

Holland

E)

:5

-10
.1

Hollander &

20

20

20

19%

19%

19%

19%

*19

19%

900

41%

41

41%

40%

41%

X40%

40 Va

40

40%

4,300

Homestake

30

30

30 Va

30%

30

30 %

*30

30 %

30%

30 Va

1.3UJ

17%

17%

17%

17%

17%

18 VB

16%

16%

3,200

Houaaille-Hershey

47%

31%

31%

*92

*47

48

31%

31%

*92

95%

*47

48

30%

*92

47

47%

47

47%

*45

32 Va

32%

32%

32%

32 34

32

95

*92

*90

47

600

32%

2,300

94

$2.2.5

3%%

95

*92

95

39

39%

39%

36%

38%

38

38 %

*38

39

38%

38%

1,700

Houston

24%

24%

24%

24%

25%

25%

26 %

25%

26 Vb

24%

25%

16,900

Houston

*22 Va

23

22%

22%

*22%

22%

22%

22%

22%

22%

22

2 2 3%

600

Howard Stores

*36

36%

36

36

36

35

35

34 Va

34%

34%

34 Va

800

Howe

4

41/4

3,200

9%

9%

500

4%

4%

*10%

95%

4%

4%

4%

11

35 %

35%

11

11

4%

*10%

11

4%

4%

4 Va

9%

10 %

*9%

11

4 %

1

T

Hudson

35%

35

35%

35 ',4

35%

34%

35%

34 %

34 %

33

33%

19

19

19 %

19

19%

18%

18%

18%

18%

18%

19

18%

18%

18%

18%

18%

18%

18%

19

18%

18%

18

183/a

2,300

Hunt

Foods

4%

4%

4%

4%

4 %

4%

4 %

4%

4%

4

4 Va

5,200

Hupp

30V'4

3OV4

30%

30%

30%

31

30%

30%

30%

24%

25V4

24%

29 Va Jan

4

13% July

3

Jun

11

33

Dec

2

22% Apr

17

X29 Va Nov

12

21 7/b

Sep

41 Va

Hil

^

22%

Oct

37 Va

20 Va Oct

20

18

Dec

40

22

26

Oct

39 Va May
<43

Nov

May
Apr

25

Jan

25

22

Sep

34% May

Jun

13

34%

Sep

56'

30% Nov

26

.No par

13 V4 May

19

19 va

Feb

1

12"%

OCt

28%

reo

46% Apr
28 V4 Jan

15

56

Feb

21

46

Nov

52'/a

Apr

11

36

Oct

6

27

Sep

35 V2

oun

111 Va

Jun

J

JJ

Jun
winy

Jan

'

95% Nov 22

105 Va Sen

3

99%

Deo

.No par

37 Va May 21

45 Va Jun

30

25

163/4 Jan 16

26 Va Dec

3

14 Va

Oct

30

Apr

1

t

v

20 '/a May 19

29

5

241/2

Oct

47

July

5

31% May 19

38% Mar 28

30%

Oct

60%

c_

100

3

100

common

73% May 16

Min & Sm Ltd- .No par

Motor

5
23

26

48

Idaho Power Co

Hudson Bay

Hudson

Sep

10% Jun

23

Corp

4

2,700
11,000

Jan

28

preferred

19

146%

Nov

_______

Manhattan

&

Nov

May 19

Corp_

Co

non-cum

Apr

123

100

Texas

of

139

17

preferredOil

5

Apr

Jan

30

.No par

com

"Light & Power——

Sound

5%

com

Finance

39

Sep

Sep

130 "

35 Va Jan

5

'preferred—

24%

134

46Va

Mar 21

May 2b

Mining

Household

29

Oct

5

72 'A

25

Sep

14 >/4

Hooker Electrochemical Co„.

47%

Sep

127

Feb

Jan

50

19%
41%

'

38

Jan

Aug

38%

213/4 May 20

__

41%

17

134

90
192

5

Corp

(A)

20%

16%

63

3
3

Oct

Dec

17% Nov

5

—

30

17%

9

Dec

30 Va Dec

61

169 %

—12.60

Sons

Holly

50 V4

May 17

Highest
$ per share

.No par

(Del)

41%

xl7%

8

20

The

Furnace

Sugar

22

118

Paper Co—

30

20%

29

Jan

22 V» Feb

--5

Corp—

& Dauch

Hires

Jan

165,

14 Va

No par

-

Inc

Hotels

b)>

21

100

Hewitt-Robins

12 %

31%

12
32 %

26

com- No par

_

f per share

143 V4 Nov

common— _No par

preierred

conv

8 per share

share

49 % Nov

.No par

preferred

i>Vo

350

27

preierred-

Hershey Chocolate new

$ per

Lowest

1U0

common—

non-cum

Hercules Powder

10

31 Va

W)

(G

7 'lo

Highest

25

Hercules. Motdrs

144 3/4

Year 1946

Lowest

Shares

12 Va

12%
31 %

Range lor Previous
Range Since January 1

STOCK

YORK

EXCHANGE

x31 %

12

17%

52 Va

*126

31

119

31%

*16

16%

54%

128'/a

*27

27%

*141

17 %

*30%

120

27 Va

50%

144 %

x54%
*126

31

the Week

t per share

51

17%

54 Va

54%

30%

31 Va

17

RECORD

Sales for

Dec. 5

Dec. 4

51

127

Friday

Thursday

11%

17

STOCK

Monday, December 8, 1947

STOCKS

Wednesday

*31

*16

YORK

FINANCIAL, CHRONICLE

PRICES

SALE

Dec. 3

51

51

51

*17%

f per

$ per share

t per share

&

Car

33

May 19

May 14

No par

12% May 19

6.66%

15 V4 May 23

1

__

33/4 May 20

Inc

Feb

7% Feb
13a/4 Mar

28

5

Feb

Oct

12%

Jan

Dec

25

Jan

3

llVa

43 V4 Feb

3

33

Sep

21% Oct

15

141/2

Oct

34'/2 Mar

2

25i/a

Oct

491/2

Jun

B

5V«

Sep

10%

Jun

39 Va Aug

1

31%

7

30

Jan

7% Feb

45'/2 May

1
31

30%

31 VA

2,000
17,100

25%

25 3a

26 %

25%

26

25 3/8

25%

24 %

25%

*58

60

*58

60

59 '/4

591/4

58

58

58

58%

56

57

*96 %

98

*96%

98

*96 %

98

*96%

98

*21 Va

221/4

*21 %

22 %

*22

22 3/4

9%

934

9%

934

21%

21 Va

21%

21%

*13%

14%

45 Va

*14

45%
132

*170

38%

3834

17%

17%

7',4

*102%

45

103

103

3%

*224%

87%

172%

172%

6%

3%
26 3

3 58

3%

27 Va

13534

98%

56

*96

12

*11'/4

53 %

*42

6%

38

4,700

15%
634

Inland

Inspiration

400

46

2,800
460

3%

2,000

14%

9,300

Interlake

a

226

227%

224%

224%

600

Int'l

Business

88

88 38

86%

87%

8,400

Int'l

Harvester

172 %

172 Va

172 Va

540

6%

6%

41/2 %

Int'l

2,000

Int'l

85

*80

82%

81

81

100

3%

3%

3%

*135

56%

53 %

54'2
96

*93
11 %

135

136

51%

53%

94%

94 %

*11 %

11%
110

26

26%

53

*108

3%

3%

25%

26%
135%

94%

12

11%

108 Va

108%

52 Va

108

3'/a

3,500

26 V'4

35,400

136

390

53%

13,700

94 Va

300

11%

1,000

108

420

No par

20
1

Machine

No par

No par

common

100

Mining Corp
1
Nickel of Canada com__No par
-

100

International

Paper

Co

15

com

preferred

No par

Int'l Rys of Cent

Amer

com

.-No par

preferred

100

53 %

*52 Va

52 %

51;

51

300

International

42

42%

42%

43

*44

44%

44%

45

1,200

International

Shoe

57%

53 V2

57

57

*55%

56 %

54%

55%

1,100

International

Silver

36%

36 Vg

36 %

*35

36%

*35

36 %

36%

100

11%

11%

30,500

12 »/4

12%

12%

12%

11%

11%

11%

11 Va

1,700

Foreign

21

21

20%

20%

20

20'%

20%

20 VA

900

Interstate

25%

25%

2434

25%

*2434

25%

300

Island

26

65

65

64

64

63

63

*145

149

*145

149

144

146

LOW

Monday
Dec.

1 hare

9%

9%

20%

S

20%

*88

Dec. 2

share

S per

9%

9%
21%

*20%

88 Va

87

*41

42 %

99%

41%

*97

99%

*97

41%

42

41%

*114%

116 Va

28

41%
*113

28 Va

102

102

*140

__

33 Va

116%

28
*

28 %

100 Va

*140

33%

41%

115

61%

147

share

9%

61

*58

61

400

149

*146

149

30

f per

Dec.

share

9 %

9%

*9 V'4

20 Va

20%

*20 %

87

87

41 %

41%

99 Va

97

97

*95

43

41

42

40

111%

28

28 %

103

*100%

__

33 %

34

x33%

33%

*89

91

90%

90 %

*89

*37 VB

37 %

37%

37 %

37 Va

16%

*16%

17

16%

16%

98

99%

*99

99%

99

99

211/4

21%

21 %

22

48

48

48%

48%

*48 Va

17Va

17 Va

17%

17 Va

16%

17

241/4

24 %

23%

23%

23 %

*171/2

18 Va

18%

18%

Creek

113

110%

28 %

103

*140

Sep
Oct

July 29

168 Va Mar

Oct

21

33 %

17% Nov

26

13 Va

Feb

8

7 Vb

Sep

11% May

35'/4

Nov

59

May

Aug

112

May

Apr

19

6%- Sep

30

35'% May 17
101 % Nov

42

8 Va

50

19

108

May 19

7

192 Va Apr

Jan

9

Mar 21

28%
*100

the Week

t per share

9%

9%
21

20

87

*86

41%

41%

*95

98
40 Va

39

109 %

110%

Oct

20 Va

95

163 % Nov

Nov

9%

3,700

July 14

45

Jun

81

96

29

90V4

Dec

101

Aug

Dec

3% Djc

5

5

Jan

12

5% Feb

8

25% Dec

4

36% Feb

8

130 % July

9

136'% Apr

2

38% May 19

59% Oct

22

95%

Oct

lb

Feu

18

11 Va

Nov

Feb

20

101 Va

Sep

Dec

4

107'/a Sep

12

58% Feb
45

5
5

32

Jun

40

Feb

7

26

9'% May 17
9% May 17

Apr

14

20

May 17

38 Va May 20

143% Jan

2

STOCK

900

IIOV'4
29

3,800
20

150

3%%

Joliet

33

33 %

32 %

32%

31%

91

89

89

88

88

88

88

38

37%

37%

37

37

36%

367/a

1,300

*16%

17

16%

16%

15%

15%

600

*96

97%

97%

20

4,800

32 Va

12,800
700

pfd__100

common

No par

com

July

Sep

70Va July

36

Oct

49%

Jan

Nov

60 Vb

Aug

37

Dec

42 Vb

Aug

52%

31%

Feb

11

14%

Nov

11

14%

Nov

31%

Feb

11

23%

Dec

50

Apr

26 % Aug

19

20 Va

Dec

34% July

69% Nov

25

158

Aug

1

39%
141

Dec

50

Aug

Deo

163

Jun

Year 1946

Highest

S per share

$ per share

6V2 Jun

lo

39% May 20

13 % Feb
24 V2

53

Jan

Dec

3

104 V2 Sep

37

Jun

2

46 Va Oct

12 V2

100

109 % Dec

5

24% Sep

29

Lowest

i per share

14

125'/a Oct

4
2

preference series A

par

100

Joy Manufacturing Co

1

100

24%

Deo

45%

Dec

108

Jan

Nov

July

59 Va May

2
16

112

Jan

27 %

May" 1^

39

Feb

88

Dec

4

101% Feb

25 Va Jan

3

40% Oct

Nov

153

111

Sep

109

May

115%

Feb

140

16

Mar

150

Feb

Apr

34 Va July 28

28

102

11

Chicago RR stamped10o

Laughlin Steel coin—No

8%

Highest
$ per share

July 28

104 V2 Feb

97

common

&

Aug

26 % May
125

17% Feb

—100

100

Johnson

&

113

Feb

Dec

17% Feb

No par

preferred

Corp

2nd preferred series A

Jones &

5%

Inc

55 Va

26% Feb

Lowest

preferred

Johnson

4%

Co

Feb

Feb

39%

Range Since January 1

1

cumulative

11%
148

Range for Previous

Co

Manville

Sep

116

9

5

Tea

38%

Anr

42%

Oct

Oct

Aug

May 19

94 %

3

3%%

4'/4
28 Va
133

104 % May 16

Dec

Johns

Apr

15%

Sep

Dec

Jewel

202

Oct

20

10

Dec

27

86

1,300

175%

11

Jersey Cent Pwr & Lt 4%

7,600

Jun

22

Jaeger Machine Co common-N'o par

98

102

34% Oct

110

41 Va

Nov

10% Fpb

400

40 Va

66 Va

186% Jun

86 Va

*140

*140

I)

Jun

13

28

Par

(F

Feb

250

195

May 19

6

Dec

EXCHANGE

Jacobs

Feb

Jan

6%

20

22% May 1«

20

102

28%

YORK

Feb

10 Va

13

19

Shares

*100

28 %

102

NEW

22%

Sep

15 Va July 24

63% Oct

1

Jun

13 %

Feb

May 19

1

44%

Dec

Jan

2

common

Jun

Aug

5%

246

No par

Coal

105

Sep

151 Va
190

11

29

23

preferred

6ales for

Dec. 5

1

t per share

86

41%

Friday

Thursday

21 %

115%

$6

Jun

36

116

18

40 %

par

Jan

21

46% Apr

par

54

Jan

May

21

No par

Stores

22%

180 Va Feb

37'% Jan

Telep & Teleg—Nb
ctfs
No

36

Sep

13b Va Oct

25

Dept

Sep

11%

x48 V4 Nov

25

share

23

May 27

12 Vb May 19

70

25

July 17

STOCKS

Wednesday

27%
*140

__

*58

International

PRICES

*100%

103

26

*146

88 Va

41%

11 %8

11%

*24%

61%

147

SALE

11%

Dec

9%

20 Va

42

*97

HIGH

Tuesday

1

8 8'/a

*

89 Va

42

per

AND

11%

107

No par

Intertype Corp

*25V4

123/8

X35 Va May 20

No par

-

common

preferred

12%

25 '/a

Nov. 29

7%

21%

12%

Saturday

12

*35

Salt

12%

*24%

1 per

54%

103

....

Preferred

5%

17

9',% Mav 19

Iron

preferred

$4

3u Va Jan

14

33

Inc

International

Int'l

29

174

Hydro-Electric Sys class A__25
Mining & Chem common.
5

4%

21% Nov

12% Jan

par

A

Preferred

4,400

30

135 3.4

S

3

53 '/a

12%

16'/a

100

58%

*21

Oct

No par

53

I2V4

6%

preferred

42

12%

10% July 17

Rubber

Intercontinental

14 VB

58%

21 1/4

Jan

7% May 19

No par

42

11%

37%

com

*51

211/4

Oct

Copper

58%

*121/4

14 Va

No par

102 V*

3%

63/a

*35

25% July 24

No par

Consol

13%

172 %

Mex,

Co

3%

102%

3%

29 %

26

Steel

43

3534

16

1

58 %

*35

Jan

100

Ctfs

6%

11 %

Apr

15

5

common

Corp

30 %

110

99 Va

Co

De

Interchemica]

*30

*80

RR

Insuranshares

6%

96

11%
110

Sep

preferred

4,400

31%

3%

87

Rayon

Ingersoll-Rand

6%

26%

Aug 22

1000

ctfs series A

Electrica

Industrial

30%

85

97

4%

14

135%

96

12

110

Industria

6%

3%

26%
*135

54%

98

110

*51 Va

2231

102 %

800

174

RR stock

31%

6%
31

*79%

2634

55 %

*101

3%

14%

172%

*134%

111 V4

103 %

3%

13%

172%

85

130%

634
44 Va

172%

27%

*11 Va

7

46

172 %

4

15%

16 %

x6%
45%

88%

6 34

37 %

38%

7

88%

1351/4

*110

xl5%

130%
*167

46

88 %

31i

*78

a

*6%

87'/a

6%

3%

17%

17%

102

3 Va
14

174

38 %

172%

1721/4
311/4

55 7

7

45

4

131

39%

38%

228 Va

4

55 V4

17%

45 3

131
*167

227 %

*134%

*97

1,100

*45

45%

131%
174

871/4

87

85

45

45

131%
*170

2271/a

227

6%

*79%

500

3%

13%

31%

*31

4,300

14

103

3%
14%

227

86%

22

*14%

46

3'/4

229

21%

14 %

46

13%

14

22%

14%

*45

21

Indianapolis Power & Light—No

22 %

14%

103

.

Jan

Illinois Terminal

22%

39%

93

2,700

14'%

*6%

634

45

103a4

3 Va

13%

17%

17%

6%

45

39%

39 Va

Jan

100

9 %

22 %

46 %

Jan

85

9%

14 "a

132'/4

45%

200

9%

174

Oct

Oct

21 Va

9%

*131 Va

Apr

18 Va
41

21 Va

9%

*170

44 Va

Feb

Oct' 23

22 %

9%

174

Sep

30

*21%

.

May ly

63 Va

22

22

lines

May 19

18 Vb

37'% May 21

98

Leased

30

100

-100

common

preferred series A

*96%

9%

1321/4

39

17%

*6 Va
*44

*4534

45

131

174

6%

93

*961/2

22%

22

*14%

14%

45

132
*170

9 %

20

Illinois Central RR Co

1,100

31%

Nov

99

Sep

108

May

18 Va

Oct

34

Apr

17%

Oct

36

May

53%

Feb

K
*

Kalamazoo Stove & Furniture

10

14

preferred
100
Kansas City Southern com___No par

99

Nov

16

May 17

Kansas

45%

*18

22

45%

46%

44

44

231/a

21%

22 Va

21%

22

21%

22Vi

49 V2

*48%

49 Va

48 Va

48%

47%

48

16%

16%

16 V2

161/2

16%

16%

23%

*23%

24 %

*23V2

24Va

18%

18'A

18 Va

46'%

46%

44%

46%

44%

45%

441/a

45%

44 V'4

43

43

421/4

43

42

42

23%

23%

23%

23%

*102%

104%

104%

1G4%

*131/4

14 Va

*131/4

*74

75%

*74

*32%

33

33

33%

33

33%

331/4

33%

*96

97

96

96

97

97

96 Va

96 Va

*37

37 Va

37 Va

37%

*50

51

48 '/a

5

48%

5

24 Va

24%

104%

105%

37%

37

371/4

51

49%

50

48 V*

46%

46%

5%

5

5

9%

9 "2

10

10

24%

25

25

25 V4

*11

11%

11

11

11

11%

*51

54

*51

54

*51

511%

*42 %

42%

*26

26%

*95

97

42%

9%

42%

26

26

*25%

26

97

*95

97

10

io

36%

36%

36%

5 %

5 Va

5 Va

10'4

9%

10 Va

36 %

37'/4

36%

2 ',8

40

*18%

20

61/a

6 1/8

46%

47

*11%

12

For

footnotes

43

*95

10 »/4

2

42%

5
2

2%

*25

2Va

2 Va

*25

40

40

20

20

5

5

9%

9%

4%

100

Kinney

73

74

*72%

33

33'/4

32

32%

96

96

96

96

37 %

*48%
47

4%

37V4
48%

300

Kress

46'A

46'%

900

Kroger Co

4%

5

13,700

23%

25

1,500

11%

11%

111/4

111/4

11

11

900

51

51

*51

51'%

*51

43 Va

*42%

43 1/4

*42 Va

25 7

s

*95

-26

26

26V4

97

*96

97%

9%

9%

9%

36%

36%

36V4

5

2 Va
*25

5 Va
2 Va

40

5

2

*25

46%

47

47

46%

47

46%

11 Va

11%

11%

11%

UVa

11%

IIV4

20%

20 %

2U%

6 1/4

6V4

6 Va

$5 prior preferred-—/

48%

5

42%
25%
*96

9%

10

36%
5

36

4%

10%

%

6 'a

900

51'%

50

42 Va

400

Kresge

67

Jun

Dec

26 Va

20%

26 Va Feb

8

19'/a

Sep

34 Va

Jan i

21% Oct

15

11%

Nov

30

Jan

41

Sep

60%

32"%

Jan

55

Gas

Lane

4V2$

3,300

4,300

*18%

20

Aug

Oct

46

Jun

96

Dec

101

Sep

40

Oct

22

33

Nov

59

Feb

4

52% Oct

21

34

Jan

45

Jun

3

40 Va Apr

29

16

4% May 19
29

10

50

600

Coal & Navigation Co
10
Portland Cement
—25
Valley RR—_i
50
Valley Coal com
No par
Non-cumulative preferred
50
$3 non-cum

May 20

49 Va Jun

19

6 '/a

1,700

47

46

46%

3,300

Lehman Corp

11%

11

11 Va

1,400

Lehn & Fink

26.

7?^;'""

(The)_—1
Prod

,

Feb

3

5%

Sep

9%

Jan

11%

Dec

14%

Sep

68

8

13 Va

Nov

20%

Sep

8

52

Dec

102%

Apr

13

49

Sep

Nov

31

14% Feb

Feb
56% Feb
30 % Feb

62% May
65% May

38

9

Jan

56

Sep
Oct

Oct

May

82

Apr

17%

Jan

4

Apr

2

9 Va May 2o

12 Va Feb

13

10 Va

lo

44 Va Jan

9

34%

Sep

7

6 Va

Sep

96

Oct

30 Va Jun

31

101

4'/a May 17

8% Feb

1% May 19

3% Feb

55% May
*

17 %

Jan

5%

Jan

2 Va

Oct

49%

11

Jan

64

Apr

13

18 %

Nov

38% May

17

9% Feb

11

6%

Oct

15%

1

38 % May 19

50% Fv.0

10

41 Va

Oct

65%

5

11

6

21Va

Oct

33

No par

Corp„—4.

May 15

7

14^ Jan
44

45 Va May

43
43 Va

25% Feb

1st preferred—No par

50c'non-cum 2nd pfd__

6

i

100

26%

29

Lehigh
Lehigh
Lehigh'
Lehigh

40

Dec

6

5

21% May 19

3,000

82

14'/a May 19

5% Jun
Dec

5

24

Jan

;.

Dec

16

9 Va Nov

/.

85

.

Jun

30% Aug

Jan

3

4 7/a

29

108 Va

38 Va Oct

100

36 V4

Feb

102 Va Aug

17

No par

& Sons Co

Dec

May 19

com

(James)

NOV

15%

July 14

3.85%' cumulative preferred

Lees

Tire

21%
108 Va

25

23 Va Sep

preferred-

Feb

*

Apr
May if? ('

95 Va

65 Va Jun

No par

(The)

20

Feb

7

13

Light Co_—
4
pfd—75 Pesos Mex

&

2
13

38

1,500

2

22% Jan

5

6,300

2

13

15

27% Feb

No par

Bryant /common

Lee Rubber

49% Feb

Apr

116% Feb

6%

Co

52 '/a Jan

39

16

(The)——No par

La Consolid

41% May 17

11% May 20

—

Laclede

2

17

104 % May 19

(S S) Co_
10
H) & Co_———No par

Lambert

May 17

13% Jan

11

1

(S

9 7%

26 Va

97%

*25

2Va
40
2o

*10

Jun

Sep

15

10
'Cumulative.preferred 4% ser-_100

36%

10V2

40%

45

Nov

Koppers Co Iric common—:

37V'4

5,300

Oct

July 24

18

28'/a Feb

100

(G R) Co common

49%

18%

58 Va

1

2nd preferred

conv

47

25

46%




190

*97a

6V4

page

2,500

25

6%

see

■

26

*25

19%

6%

80

74

—Z

B

5

13% May 19

Copper—.
No par
Keystone Steel & Wife Co—No par
Kimberly-Clark Corp corn.—-No par

190

*13

10

47% May 19

Kennecott

4,800

14

14

19%

*61/4

600

23 s%

75

37

13,000

1051/4

*74%

*47%

.

Class

22% Feb
108 Va Mar

5

Kelsey Hayes ;WheeLcohv class A—1

231/8

75

*50

1,200

104%

*74

48

900

18

4

28

100

preferred

(Julius) & Co—:

241/4

14

51

24

17%

Jun

Power & Lt Co—

non-cum

105%

14

48

*23 Va
.

4%

Kayser

104 %

*13%

*50

18

500

1,000

City

3.8 %

23%
*

14

25%

*25

105 %

*13 %

9%

5

24 »/4

*104%

14

251/4

5

24

18

75

5

*96

97%

*43%

46

44%

*44

*96

Apr

Jun

May

■

Volume

166

Number 4653

THE

COMMERCIAL

NEW
AND

LOW

HIGH

Saturday
*

Monday

Tuesday

Nov. 2!)

Dec. 1

SALE

Dec. 2

per

18%

share

$

19

53%

19

541/4

91/4

9%

35

'88%
'40

43%

54%

share

18%

54%

55

53%

89

88

88%

174

*175

175%

43%

42%

17%

CHRONICLE

41%

41 Va

17%

54%

88

88 »/4

175%
'41

1,100

Life

2,400

Liggett & Myers Tobacco

350

$ per share

17
May 17
46% May 21

No par

7

Savers Corp

8

5

Preferred

May 16

loo

;

102

170

191% July 25

183

Dec

210% Mar

Nov

13

41%

1,000

10%

10%

10

10%

10

10'%

14,600

CO

CO

Lily Tulip Cup Corp
Lima-Hamilton Corp

59%

59 %

No par

33% May 27
10
Dec
4

60

60

.2,000

Link

Belt

No par

47

Lion

Oil

No par

20'A
'85

Liquid Carbonic Corp com___No par
3%%
preferred,:
100

90

30%

31%

3,500

20 %

20'A

32

21

21

21

20 %

20%

20

20'/a

19%

20

2,800

*85

89

*85

89

85

85

11%

12

12 Va

12%

12%

13%

12%

12%

12

12%

11%

12%

«

20

20%

11,700

19%

20%

19%

20%

19%

19%

19%

19

19%

!.

68

68

68

19%
68%

67%

68%

67

67%

1

24,000
2,600

23%

23

23

"/4

22%

22%

22%

22%

18%

18%

18%

18%

19

;

18%

18%

'67%

68

671/4

67%

22%

22%

22%

23

19%

20

'156%
'23%

Xl8%

158

*23

19%
156

*154%

18 %

*154%

156

*154%

84%

156

'83

85%

'1541/2' 156

87

'153

156

600

•

Co

Inc

'

.

Lorillard

—

(P)

23%

23%

23%

23%

23%

23-V4

28%;

23

23 %

40%

40%

40%

40%

40%

40

40%

391/2

40%

39%

40

25

6,400

25%

Louisville

25%

26

261/8

25%

25%

251/2

25%

98%

25%

25%

98

98

1,800

Lowenstein

98

98

97%

98

98%

550

21%

22%

22%

2,200

'98

21%

*22

22%

22

22

'97

98%

*97

i-

700

211/4

22

20%

21 %

38

38

38

38

700

135.

13o

*135

139

20

4%%

(M)

Steel

Lukens

pfd
Co

A—_

23%

Nov

4~3~%

Jan

4

99

Apr

10

30% Jan

Nov

12

109% Feb

Dec

120

Aug

20

Feb

20

18%

Dec

451/4

27

Feb

13

25'A

Nov

41

Apr

79% Feb

9

64

Jan

94

May

28% Oct

24

17%

Oct

35

Aug

8

23

16
14

21% Jan
172

29

31

Dec

4

29% Jan

4

53

17% May 19

100

97

10

3

Jan

39'% Dec

50

series

Feb

9

33% Nov

17% Apr
156% Nov

& Sons Inc com—1

cum

66

12% May 19

A„No par

Nashville

&

65%

Oct

2

58% May 19

100

Louisville Gas & Electric

Dec

43

14

19

10

preferred.!

7%

25

23%

Co common—

Jan

May

371/4

Aug 29

12% Oct
61

37%

10% May 17

—No par

1,900
3,000

,

X48

Dec

x84

__No par

Corpi
Long Bell Lumber A

14

19% May 17

No par

Lone Star Cement

Apr

24% Aug 25

;_l

1

40%

*22

No par

Co

Lockheed Aircraft Corp—

'Loew's

Apr

Oct

Sep

10%

31%

15 >/a

28%

61

32%

441% May
74% Jan

NOV

Oct

83

10%

31%

Nov

10

2

59%

32%

21%
43

3
28

10%

32

8

10

Apr

11

40% Oct

60%

31%

Feb

59% Feb

25

Highest
$ per share

96% Jan

May 19

10%
31%

$ per share

29% Mar 15

CO

31%

$ per share

78

10%

31

Lowest

25

com

60

10%
'59

Year 1946

Highest

No par

Corp
Libbey Owens Ford Glass
Libby McNeill & Libby_

8,400

176

41 %

Lowest

Lerner Stores

88 %

176'

Range Since January 1
par

2,600

9 Vb

Jan

31

13% May 17

Feb

7

29% Oct

14

101% Aug 22
26% Oct 14

x20

Nov

166/

Dec

Jan

Jun

31%

Jan

197

Aug

24% Sep
45% Oct

32%

20%

Nov

43% May

97

Dec

14

Sep

Jan

72%

Feb

108

July

30%

Jan

J

M
'38%

39

52%

38%

136

'134

'134%

52%

34%

52

34%

'99%

100'A

'12%
19

'12%
'430

19

'25

52

34%
102 %

13

18%

9

27

9%
27

18%

18%

18%

13

18%

1,400

12%

12%

12%

12

12%

1,300

25

500

9

9

9%
25

5%

'5%

21%

21%

21%

21%

21%

21%

9%

24%

7%
1*

•"

25%,-

25%

7

15

»

25%

5%
21

7

25%

500

8%

5%

21%

'/a

21%

500

8%

100

500

___

(R H)

4%%

pfd

Madison

Sugar

2,000

Mandel

Bros

100

6,400

Maracaibo Oil

2IV4

5,000

Marathon

7

7%

11,900

Marine
Market

St

14%

15

24%

24%

23%

24%

104 %

105%

'103%

105%

'14%

15

14%

14%

360

22%

-

23%

6,400

105 %

100

14%

12,400

14%

14%

15

14%

20%

20

20

'19%

20

54%

19%

19%

54%

19%

19%

17%

54%

19 %

55%

1,800

54%

55%

54 %

54%

53%

53

54

23%

54%

24

23%

2,900

23%

24

24

23V2

24

23%

2,700

Master

33%

1,600

Matliieson

24

24

'33

33%

'174

178%

'40%
'91

x33%
'172

41

34

178

40%

40%

15 %

33%
'170

34

1761/a

40%

40%

14%

14%

33%
*170

33%

176%

'85

89%

90

89

89%

330

88%

88%

88

88%

1,080

90

89%

90%

88%

89

88

88 '/a

87

*83

'111%
36

28%

87%

11%

11%

86

10%

36

'43%

44

113

'111%

113

111%

36

37%

28

28 %

28

'40%

41%

86

10 %

*43%
-111%

lO'/e
44

113

*83

86

10%

26%"

100

$3

10

$6

1st

38

37%

38%

37V2

37%

1,800

McCall

28%

28%

28

28 %

27%

27%

1,300

90

90

*88

92

110

*401/4

4IV4

1,000

*251/2

26V4

800

48

48%

48

48

48

48

33%

33%

33%

33%

33%

96%

96 "4

*93

*19%

19%

*19%

19%

19%

'22%

23%

'22%

96%
20

1,800

Mclntyre

33

33%

4,200

McKesson

*93

23%

22%

22"8

22%

21%

22%

22%

21%

22%

*22%

20%

20%

20%

21%

20%

20%

20%

93%

20%

93

19%

93%

93%

93%

94

'45%

45%

45%

'45%

45 %

45

'23%

24

24

23 7

18%

19

19

19

61

61

'59

61

15%

15%

15%

16%

16%

16%

44

43 %

43 %

'43%

44 %

'43Va
'491/4

23%

49%

'90

'45%

93

42%
'101 %

24

49 %

49%

'90

23%
19

43

'101%

103

103

LOW

Saturday

Monday

Nov. 29

1

per

16%
42%

t

per

16%

16%

43%

16%

16%

600

23

1,900

Mfelville

Mengel

1,000

59%

59%

59%

59%

60

16 %

IS

16%

15%

15%

3,300

16

*43%

17

*43'/4

44

4%

5%

Mercantile

100

Merch

&

Min

5OV2

2,400

Merck

&

Co

92%

100

*42%

42

1,500
130

$3.50 cum

Thursday

Friday

16%

Dec. 5

the Week

t per share

$ per share

16%

16%

16%

16%

16%

2,600

Miami

43 %

451/8

44%

45

43%

441/4

42VB

43%

4,200

431/2

41 %

41 %

42%

43

43

43%

1,400

Midland

142

9%

9%

9%

57%

58

5 61/2

57%

55%

57%

57%

96'/2

*96 %

97%

63

63%

62%

63 "4

58

*96%
63

97 %
63

3%

13

13%

117

46 %

3%

13%

13 V2

13%

118%

117

46%

118%

120'/a

48

3%

48

3%

96 %

97V4

49

4

4%

63

63

102

—

46%

140 Vb

14 "8

10

96V2

117

141

14Ve

9%

57%

13

141

14%

14%

102

13 1

8

13%
119

118
44 %

4

48%
4

14

140 Vb
14

96

9%
56

Jun

108% Mar 20

113

Jan

4

111

Jun

118

Mar

Co

96

631/4

63%

107% Feb

7

45% Oct

16

May 17

32

Feb

1

64

*101%

13

13'/4

12%

119

45%

46 %

3%

4

95%

440

64%

95%.

102'/a

1,800

102

13V8

118

90

10,100

118

3%

380

49

45'/8

13,500

9%

9%

9%

9%

9%

9%

9%

9%

26%

24%

24%

24%

24%

*24%

55%

55%

25%

25%

56%

25%

56%

58%

58 %

58%

57%

58%

57

58

116%

116%

114V2

114%

300

52%

16,900

16 %

4,600

34 %

53%

53%

52 '/a

53 %

51%

52%

50%

%

17%

16%

16'%

16

16%

16

64 %

67

69

*66%

68

*65

68

*62

'

65

25 Vb

25%

*25'/8

25%

*25Va

25%

*25 Vb

2o%

*251/8

13%

13 %

25%

25%;:* 25%

13%

13%

13%

13 1/4

131/4

*13

13'/a

23%
21

23%

23%

*23%

24

23%

23%

23

20%

23'A

12%*'
22%

20%

20%

21

20 Va

20%

201/B

19

20%

20

19

19'%

19%

19%

19

19%

19

19

24

18%«

24%

24%

'105

106%

'36%
'110%
14%

37%

36%

112

*110%

15

14%

37'/b
112

44

43
*55

24%
13%
37 %

110 1/4

56

$4

Moline

Minn

131/4

100

Impl

Jun

61

Nov

1051/s

Jun

18%

Dec

36%

55% May 17

73

Feb

8

13% May 20

19% Jan

28

41

Mar 21

43% May 19

92% Dec

5

35% May 21

99% Dec

4

47 % Jan

3

65% Jan

10

54

Sep
Sep

3

97

Dec

103 % Mar

47% Jan

30

111% Aug 18

Mueller

3,200

24%
106%

10

13 'A

700

37%

36%

37 %

36%

37

112

56

1,200

'

*110%

112

10

15%

xl4%

15

8,600

42

15

*40%

(John)

2,900

13 %■-.

*110

Morrell

18%

23%

*40%- 42

200

56

56

56

16 'A

15%

16%

300

Lowest

Mullins
$7

12% May 19
33

136% Jun

95% Dec

May 19
Jan

13

28% Mar 11

1.25
5

No par

8

No par

49

10

com

20%
16

50

Jan

52%

Apr

Oct
Nov

113%

Apr

Mar

45% May
62»% Jan

140

Oct

10% Nov
9%
45

173

14%

Feb

July
Deo

Oct

26% Mar

Oct

68V4

25

1051/4

Dec

Sep

29

401/4

Apr

102 'A Dec

Apr

119% July

4

68

14% Oct

8

8%'Oct

Oct

14

100

56% Oct

20

28

123

Sep
Sep

60

Deo

18% May
129

Mar

44

May

17%

Jan

25% Feb

7

19

Oct

52

Jan

51V2 Jan

2

42

Dec

70

Apr

13% Feb
Feb

14
17

11%

Dec

23% July

28 %

Dec

45

Apr

63% Feb

3

431/4

Sep

64

Deo

128% Feb

4

111%

Sep

135%

57»A

Dec

104% May

20

Nov

30%

Apr

50%

Sep

62

Jan

15%

Oct

34%

19

Oct

36

8

Feb

32

3

8

11

Oct

9

5%

Oct

Jun

2

1

103% May 26

class B

Nov

6

156

34% Oct

No par

1

Feb

32

21

24

64% Feb

17

x

18%

31%

Oct

45 'A Nov

48

Highest
Sper share

Oct

10%

17'A Dec

May 19
19% May 19
17% May 19
14% May 19

5

$ per share

3

18V8 Mar

3

9% May 19

No par

Co

Mfg Co

32% July

Year 1946

share

4

May 19
Dec

52% May 19
24
May 16

No par

Corp
Corp

May 19

23% Sep
8
49% May 17
110% May 16

3

67

26% July

1

14% Nov

3

271/4 Oct

20

27% Feb

3

25

Jan

May

Mar 28

27% Oct

20

1071/2 Mar 14

14% Sep

22%

Oct

109%

102

Jun
Feb

5

May 29

15% Nov

13

13 %

Sep

27% Aug

35

Apr

14

40% Feb

10

32%

Oct

49

100

preferred

10

1

common—

108

108%

Jun

9%

Oct

10

com

preferred

(F E)

3

3% May 19

com.

Murray Corp of America

Myers

5

16

Dec

11% May 19
32% May 19

Inc

Lines

18

51% Apr

102

20

preferred

4%

Apr 30

29% May 19

100

& Co

Munsingwear Inc
Murphy Co (G C)
4%%

$ per

7

Inc

Brass

39%
104

Nov

77
May
110% July
61% Jun

Lowest

Highest

$ per share

104

preferred—

cum

Wheel

*1051/4

57%

35%

No par

Products

13%

*56

Oct

5

Motor

2.4%

15%

18

1

New

Motor

1061/2

41%

6

No par

com

com

Moore-McCormack

1,400

13%

14%

24% Jan

10

preferred series A
Montgomery Ward & Co

2,000

23%

411/2

May 19

50

Range Since January 1

$3.25

20%

*105'/4

15

26%

16

Machine Tool—:—No par

23

13 %
112

57'A Aug

Oct

5

114% Feb

Monsanto Chemical Co

Motorola

24%

*37%

Oct

2OV4

10

1,500

106%

*110

43%

7

No par

Hosiery Co

Monarch

1071% Aug

5

t

Corp
RR

Sep

Feb

pfd_100

$6.50 preferred
Mission

Apr

25 % Jan

No par

Power

103

Jun

Dec

1

preferred

$2.50

13%

44

56

66

24%

14%
56

*62

*105'%

*41%

43

57

x37

110%

14%

'43

'55

600

6,800

1,200

•'

'

105

11

36

30%

May 20

7

Mojud

9%

25%

55%

13%

105% Feb

Apr

Oct

Sep

43

66% Jan

1,200

9%
27

9%

'26%

24%

18%

Jun

35%

20

No par

7% preferred series A
Mohawk Carpet Mills

105

22

28

47% May 27

Mo-Kan-Texas

14

8

23% Oct

3
100

2,100

24%

31% Feb

3%

Regul com
3.20% conv pfd series A
Minn Min & Mfg

7,200

106 %

4

16% May 19
88% Jun 23

50

Minn-Honeywell

4,200

*13%

22% Dec

12

374

*105

Nov

24

13%

13%

20

14% Feb

34V2

13%

21

108% Mar

1

vtc

13%

20%

25% Feb

15% Nov

A

33%.

'18%

Dec

1

100

M

141/8

—23%

102

Jan

56V2

Sep
39% Nov

6

20

6% May 19

2,800

56

SS

69

44

Jan

44

50

pfd

1st
&

Apt
461/4 May
48Va Apr

Sep
Sep

105% Feb

10% May 19

P

35

'13

8

23%

17% May 20

10

& St Louis Ry

Minn

IS1/)}

'67

56% Feb

30

3

96% Dec

No par

Minneap

2,400

34%

16

9

30% May 19

No par

2,000

9%

14 VB

33%

461/2 May

18

No par

36%

33 %

122

3

Mar 14

com

13%

102

117

Prod

13%

33 %

1021/4 Dec

Dec

STOCK

35 %

117

May

Range for Previous

14%

-115

Apr

43

5

36 %

120

71

Oct

5

3.90%

14%

'116

Sep

25

No par

36

54

42

21

35

com

Co

14 %

111%

23

33% Feb

common

36%

53%

48% Jan

May 26

24

Inc

14%

111%

35% May 19
24

90

preferred

36%

53%

07 V8 Mar 11

1

100

141 %

cum

Nov

97

May

No par

9%

54%

NOV 1

70
May
112% May

17

Petroleum

Steel

St

Dec

55

Co

13%

8%

103

Sep

1

141 %

80

38% May
2041/a

Oct

Co

13%

113%

25

Sep
Jan

45% NOV

100

Inc

37%

53%

Feb

24%
195

Dec

Mines

13%

112

8

_1

'36%
9%

49% Feb

91/4

No par

Mid-Continent

43
142

23

451/8

5

43%

9%

Apr

93V4

Copper

44

14%

Jun

75

3

Par

42%

9%

30%

4

EXCHANGE

44

14 %

Feb

Oct

Sep

20
20'

Jan

No par

Co

NEW YORK

*141

143

26% Nov

35% Nov
190

45'A

12%
48

Jan

Shares

43

9%

20

112% Mar

141/4 Nov

Co

Edison

Metropolitan

141

15

31

Sep
Sep

50

com—

Transp

43

*9%

Corp

Inc

141

*14%

*109

7% May 19
42
Jun
6

Mesta Machine Co

Sales for

Dec. 4

share

9

STOCKS

Dec. 3
per

175 % Nov

5

preferred

PRICES

Wednesday

111% July

No par

Stores

50

99%

5

Feb

No par

1st

conv

92%
42

Apr

Nov

18% July 23
24% May 27

100

preferred
Corp
Co (The) common

50

99%

Jan

57%

2

Shoe

93
43

20%

6

2nd

50

99 %

Oct

30% Nov

23

No par

Stores

*89

99%

11%

13

Jan

—No par

Robbins

&

50

101 %

SALE

$

44

8

34% Feb

24% Oct

preferred.

43

OO

share

*43%

May 19

63 % Jan

No par

Pub

94

43

1001/2
HIGH

44

49 ','2

*90

43 %

per

43

23

18%

AND

t

43

17%

U%

34

Corp common
41/4%
preferred

23 %

18%

Jan

8

Sep
Deo

100

com_J.No par

Mc-Quay Norris Mfg

44

18%

26V4

46 Va May

3%

May 17
14% May 19

Mead

23 %

19

Dec. 2

share

90

Oct
Nov

~7%

9

1

Porcupine

McLellan

44

61

Tuesday

Dec. I

share

94

Apr
Jan

12%
26

1

14

preferred

24

*59%

93

xl00%

*93%

$4

45%
a

*18%

49%

'90

43

94

400

2,400

19

49%

93

*93%

23
20%

61

'59%

42 %

42%

94

700

Aug

16%

17

39 % May 17

common-,

Electric

96

19%

Sep

626

*

conv

34

100

Jun
Oct

22% May 19

1

pfd

McGraw-Hill

48

96

8%

8% Feb
15% Nov

5% Nov 20

No par

;

620

27% Feb

—No par

Wks

Stores

47

'93%

Co

common

cum

McGraw

27

19%

2

14

Corp

41%

'93

17

3% Jan

19% May 28
6% May 20

100

preferred

90

20

Jun

12% Jan

4

No par

pfd

431/2

26'/2

96%

455

100% Aug 25

40%

33 %

17

May 17

6

90

32%

Jun

3

27

'19%

17%

Dec

41%

'94

30% May

Dec

Nov

26%

19%

Sep

88

*41%

97

Sep

13%

86

Co

26V2

'19%

12%
161/4

1.

18

100

L)

Alkali

cum

41 Va

'35

1

$3.75 cum pfd 1947 series—No par

26 %

48%

Nov

Jan

6

$3.40

Mavtag

40%

48%

*17%

76%
65

18% Aug

106

38

92

May
Apr

14% Feb

pfd

com

$3.75 preferred

081/4

'89

111%

39% May 19
89
Dec
5

McCrory
31/2%

92

26

prior

Dept Stores

28'

*/2

28

Oct

32% Feb

Electric Co

1,700

113

Nov

3

1

preferred

May

Oct

37%
106%

4

5

Martin-Parry Corp
Masonite Corp

7%

38%

7

9% Dec

6.25

(Glenn

21

Mar 28

60

Jun

160

21 % Mar

6

Corp

& Co

10%

431/2
*111%

—

Martin

Oct

41% Jan
111

24% Sep

preferred

41%

'40%

'26

33

1

44

111%

'83

4%%

26

'89

48%

11

*43%

'111%

113

44

92

2 %

11%

'43%

'W%

'47%

'84

11%

—

3,300

90

'85

176%
40%

91%

11%

*170
40

89

44-

23%
32%

176%
40%

88%

87%

33%

14%

40'A

91

'43%

33%
:'170

14%

40%

89

'11%

14%

*104

40%

92%

89

'

104

Sep
Dec

5

6%

Ry

32
140

15% Feb

455

Exploration

Marshall Field

'19%

.

104

17

22

21

>

16% Apr 14
11% Nov 20

1

Corp

14%

104

Nov

42% May

Nov

Apr

41
152

No par

Midland

103%

26

11% May 19

50

.

21

5%

Co__

Manhattan Shirt

7%

51/2

No par
10

Co

5%
21%

100

1

Mahoning Coal RR
Manati

25

100

Square Garden

91/2

*23%

A

Mar 12
Nov

41% May 19
30% May 19

No par

com

Magma Copper
Magnavox Co (The)

'102%

'102 >/2

series

1,700

34

134

No par

Co Inc

8%

89'/2

9%
25

7

7%

13

'450

8%

9%

*231/4

5%

7

15

25

'430

9%
26

*23%

5%

7

Macy

12%
'430

com

Mack Trucks Inc

103

I3

10

100

3,300

18%

9%

Forbes

preferred

6,200

13

500

6%

&

33%

13

*101

MacAndrews

51%

13

5%

7%

51%

33'%

33%

13

'9%

15

51%
104

5%

'7

51%
x33 %

'101

5%

15

52%
34%
103

'9%

10%

'25

51%
34%
'100

19

12%
'43u

10

11%

136

12%

•V %

12%.

33%

13

13

500

38%
'134

52%

34%
'99%

12%
'430

9

'134%

34%

18%

13

38%
136

100%

'12%

500

38%

52%

34
100 %

13

9

10%

38%
136

21

Range for Previous

STOCK

34

88

175%
42%

YORK

EXCHANGE

3,200

54

9

33

NEW

Shares

17%

53%

9Va
34

STOCKS

Sales for
the Week

S per share

(2325)

RECORD

-

Dec. 5

IS >4

9

.

Friday

$ per share

34

34

88%
42%

Thursday

9%

9%
34

173 %

174

42%

per

9 %
34 %

STOCK
„

Dec. 4

18%

54%

91/8

89 %

174

18%

24'/4

35

83%

173%

18%

Wednesday
$

YORK

FINANCIAL

PRICES

Dec. 3

share

per

9%

*34

90

173%

$

19

54

53%

9Va
ft.OA

share

per

&

50

& Bros

No par

Mar 26

97/s May 17
37% Jan

50% Jun

2

10

112

Jan

29

15% Nov

24

44% Feb

13

33% Nov

66

29

50

Jan

Deo

114%
22

May
Jan
Jan

65%

Feb

70

Jun

N
16%

16%

16%

21%

21%

*21%

*26%

26%

26%

9%

17%

16%

17%

16%

16''2

15%

22

21 %

21%

211/8

21%

*20%

26%

26V4

26%

26%

26%

26%

21

26%

21
'26

19,700

Nash-Kelvinator

21

280

Nashville

26%

900

National Acme

Chatt

.9%

9%

8%

10%

10%

8%

10%

10%

8%

8,200

National

101/2

10%

10%

10%

10'A

12%

10%

10

12%

12%

10%

12%

4,600

National

Automotive Fibres

12%

12

12%

12

121/4

11%

12

2,600

National

Aviation Corp

*31%
32%
173

32

25

31%

32%

175%

32'A

8%

*39%
9

8%
40
9

13%
For

13%
footnotes

32

8%

31

32%

32%

173%

174%

'24%

25%

25

7%

8%

7%
39%

401/4

8%

13%

9%




40 %

26.

8%

8%

13%

14

page

40

9

13%

32%

'87

9

32

174

176

*24

see

32

32%

9 %

25%

*173

25

33

9

32%
174

*29%

31

8%

301/8

30%

900

32

32»/8

x30%

31%

4,800

*173

175%

*173%

175%

300

Airlines

National Battery Co
National Biscuit Co

7%

x39
9

13%

8%

8%

8%

8%

2,000

38%

391/4

37%

38%

3,000

91/8
13%

8%

87/a

3,100

Corp
National Cash Register
Nat City Lines Inc

13%

13%

5,400

National

391/2
9

14

9

13%

25

400

Nat

Bond

National

&

Share

Corp

Can

Container

25%

Jan

Oct

52%

Jan

27

Sep

41% May

Inc

16% Jan

6

14% Nov

34%

Feb

7

10

16% Feb

21

13%

Dec

20% May
28% Jan

Oct

20

20%

Oct

341/4 Feb

15

25%

Oct

8% Dec

1

9 % May 19

5

5

10% May 19
Jan 13

Co

24

10

27

Jan

13

1G0

preferred.:.

*24%

25

Oct

23

6

4
common

9

25

7
13

Jan

1

25
a

19% Feb

May 24
May 19

29% Feb

21

5
Louis

12%

9%

May 19

19

1

St

14

100

Corp
&

Co

170

Nov

7

30

14

33

187

Jun

27

13

180

Sep

34%

Jan

Apr

37% May

Nov

205%

Apr

No par
10

21% Jun

10
8'A May 19

26% Feb

13

22%

Oct

32%

13% Feb

7

9%

Nov

21%

Apr
Feb

No par
1

S33
May 19
8% Jun 16
13% Aug
4

42% Nov

8

31

Nov

45%

Jan

14% Jan

7

13

Oct

24% Aug

15% Oct

15

1

'':'

22

THE

(2326)

LOW

HIGH

AND

Saturday

Monday
,Dec. 1

SALE

Dec. 2

&

FINANCIAL

CHRONICLE

PRICES

Monday, December 8,1947

STOCKS

Friday

Dec. 4

Dec. 3

Sales for

Dec. 5

Thursday

Wednesday

Tuesday

Nov. 2.9

COMMERCIAL

^MWJJ^^jaWfcmiWWM 4toW«MBMMimiia<>

M

OiU&Z

MmkSAiJUimJUM

"Kfl^WWIlW

the Week

NEW

YORK

Range for Previous

STOCK

Range Since January 1
Lowest
Highest

EXCHANGE

*

1 per

share

13%

14

27%

$

27%

1

share

per

per

13%

13%

27%

27%

share

14

13%

13%

13'A

13%

28

13%

27%

t per share

t per share

t per

27'A

28

share

13'A

Shares

133/4

27'A

National

Cylinder Gas Co

27%

27%

9,000

National

16%

17

17

17%

16%

16%

16%

16%

16'A

16%

2,400

National

Dairy Products
Dept Stores—.

20%

20%

20%

20%

21'/a

20%

20%

20%

2C%

20%

205/a

20,400

National

Distillers

43

42

No par

42

*41%
19%

*101%
35 Va

*174

*141%

7%

43%

19%

*101%

102

35%

35

175%
143%

175

175

143

143

142%

xl8 Va

34%

176

*175

176

176

176

142 Va

*141

144

*141

143%

143%
7%
15 Va

15%

7%

7%

7%

*7%

7%

7%

15%

16%

15%

15%

15%

1

1

7%
15%

1

1

1

1

*91

92

90%

91%

92

92%

92 V*

92%

26%

26 %

26 Vt

26%

26%

26%

26%

26 V*

26%

20%

21 Va

22%

21%

22

21V*

22

*95'A

96

96

96

23%

23%

23%

21%

21%

91

170

7%

Nov

3,500

3

&

Natl

91

2,600

National

26%

*26'A

1,300

National

28,100

National

22

20%

*95
24

13 V4

*13

13%

13

13

12%

12%

12%

123/4

12%

12%

600

11%

*11%

11%

11%

11%

11'A

11'A

11'A

11'A

11%

11%

1,000

18%

106
*29

106
•

99%

11%
♦100

99%

25%

'25%
93

*106

100

11%

99 V4

102

*39%

*100

*40

25%

26

26

91

25

24%

25 >/4

25

25%

39%
12%

40

40

40

40%

12%

12%

12%
37%

118%
16

*19%
*52

*215

12%

118%

'16

*15%

16

*19%

21

*20 Va

240

37%

106 Va

101

39%

11,500

102

1,100

23

24%

39-5/a
23%

2,700

90

*86

22%

22

22%

39%

39

393A

1,500

12 Va

12%

32,800

New

37 Va

38%

10,100

116%
15 Va

1,200

20%

*193/4

20%

100

543/4

*48

52

*215

240

38

38'A

119

117

117'A

*15%

16

15

15

21

*20Va

20%

20%

39%

*50

55

*50

55

*50

240

*215

240

"210

114

2rxO

N

Y

serial

l

preierred

100

Brake:

&

St

Louis Co

York

Dock

non-cum

230

13%

14 %

14%

14 V*

13'/a

14'/a

13%

13%

13%

135/8

3,100

N

Y

Shipbldg Corp partic stock

N

Y

92 V4

95

90

90%

*89 V*

91 Va

36

400

1,000

State

17%
8%

56%
27

57%

58%

17%
8%

88

88

26%

26%

18%

1B'%

*92%

93%

11%

17%

58 V*

58%

27

*26%

27

27

17%

8%

12

17%

17%

8%

9%

*87 V4

573/,

563/4

57%

3,600

21V*

*26%

37 Va

100

17

17 V*

17%

17

Elec

&

New

173/a

14,100

North

American

8%

11,600

North

American

88%

27%

26%

26%

25%

26

19%

18%

183/4

18 3/a

18%

15,600

92

90

90%

90%

90 3/4

420

26%

*26%

27

26%

18%

19%

19

19%

18%

93 Va

93%

92

93

90

12

12

90

3,100

Northern

12%

21%

21%

22%

21%

37%

37V4

37 Va

37%

6%

6%

*6%

*13 V4

13%

13%

11%

22

37%
7

13%

7

*37%

7

9,800

20%

21

3,200

373/4

373A

11 Va

11%

21

21%
38

11 %

21
38

11%

12%

21%
*37 Vb

*6%

120

Cum

Central

4.6%

103%

NOV

110% May

"

Deo

113

24
y

»'1106

Airlines

50

Apr
Jun

95%

Sep
Oct

45

3

Feb

Oct

27

109 ys

Jun

34%

Apr

Oct

22% Feb

*

13%

Oct

69% Jan
35% Jan

26

Sep

Oct 20

39 % Dec

124

Sep

ley*

Deo

37%

26

21%

Oct

63%

Oct

41% May
76
May

Sep
Aug

62% Jan

21

290

Feb

SO

25% Sep

Dec

Oct

4

Mar

1

Sep 29

100% Aug 19

13

276

Jon

325

102

Deo

113% Mar

6%

200

Norwalk

Tire

13'A

13'A

800

Norwich

Pharmacal

32

29%

31

29%

29%

*28%

30

400

Ohio Edison

Feb

11% Nov

28%

Feb

—

53% Jan

16

56'% Nov 28

64 % Nov

5

26% Nov

30% Sep
33% Jan

17

17

10% Feb

IT

41%

Dec

17
4

6% May 16
87% Sep
8

20

25% Dec

100

115% Jan

5

V

Oct

9 V*

Deo
Jan

39% Apr
16% Feb
117

May

U

30% Nov

13% May 19

23%
111

72% May

Sep

8

22% Feb

I

16%

Oct

6

102% Feb

17

96%

Deo

Aug 20

22% Apr

2

36

Jan

(Minn)—
No par

89

common—10

&

634

13 V*

Feb

25% Oct 20

2

50
new

preferred

13'A

Jun

17

16

34

1

11

Nov

25

Rubber

19% Aug 20

50

Telegraph

13%

61% May
135

79

20% Feb

10

Inc

cumulative

Oct

30%

7

25

new

Northwestern

13%

7

22
Sep
109% Aug
43% May

Deo

Nov

107

23% Nov

4

Ry Co

13%

*6'/a

Nov

18%

3

90

new„2.50

pfd $3.60 series

Northwest

93% Dec

100

Co

Northern Natural Gas Co
Northern Pacific Ry

ttv

Jan

36%

10% May 21

1

Aviation

Northern States Pwr Co

11%

Mar 11
Nov

15

32%

10

26

15% Nov 29

pfd—100

common

88 Va

26%

Jan

106 'ft Mar

25%

104

Ry—

Adjustment preferred

8%

88'

Apr

25

Nov
Nov

46 % Feb

May 23
Nov

13

25

Western

&

*87 Va

88

102

Gas Corp—

Industries
Nopco Chemical Co

8%

a'A

8%

8%

88

100

Noblitt-Sparks

*87%

17%

9%

*87 Va

21%

13%

57%
*26%

88

*37 Va

*6%

58'A
27'A

58

*26%

lf/a

89

38

Co-

$3.75 cumulative preferred

Norfolk
*26 Va

3

53

13%

56%

Dec

Feb

32% Feb

173/- Jun
9
32 % May 19
12
May 17

50

93%

24 Va

91

10

July 25

43% Nov 21

5

No par

preferred

Y &

Power & Light 3.90%

36

13

May 19
11% May J 9
19
Apr 19

Y

*24

Dec

No par

common

N

36%

106

18% May 19

N

24%

4

108% Jad

80

590

35%

23

100

16

24 V*

10

100

94%

37

6

28

Nov

No par

com

94 Va

24'A

38

35% May 20

No par

15%

37

Sep

18% Feb
107

6

98% Nov

No par

94%

24'A

29

13

98

1

16

36%

22% Oct
100

Sep

101 Va July

Dec

Feb

11% Nov

10

94

24

Sep

25%

28%1 Nov

100

15%

36%

105

pfd—100

16%

24

75

10

18% Oct
16% Deo

93%

35 V*

20

17

16 Vb

24

2%

1% Aug

Nov

24% Feb

93%

35 V4

2

41%

18% May 19
13% May 29

16%

*23%

1% Jan
95

Apr
10% Aug
Feb

Oct "

42% May

96

36

173

Nov

24% May

15%

2i

Oct

6%

20%

Oct

95%

*34%

xl49

7
31

Sep

15%

*23

28

Jan

July

Nov

95%

80

207

10%

15%

*93

Dec

14%

95%

92'A

178

21%

15%

92Vi

15

Jun

13

96%

92%

Apr

24

15%
13%

40%

10

*95%

*92

Jan

Sep

29% Jan

Harlem RR Co
Y New Hav & Hart RR
Preferred 5% series A

8,200

108 Va

27

17% Feb

preferred series A

$5
—

33%

Oct

1

28% Jan

Mar 18

City Omnibus Corp

New

N

Air

Chic

Oct

102 Vb

13% Jun

preferred

York

Y

Nov

16%

15

3

York Central

6%
N

31%

2

Feb

20% May 20
1234 Dec
5

Newport News Ship & Dry Dock___1

1.800

14%

38%

*117%

15%

28

32% Aug
67% Jan

No par

conv

4% %

Nov

11%1 Jan

1

Jersey Pr & Lt Co 4%

New

12%

39'A

10

19 '/a

No par

Fibre Co

Newmont Mining Corp
Newport Industries common

*39

12%

88

(J J) common—No par
3%%
preferred
100
New England Elec System
20

10

6,100

100

Apr
Jun

3

8% Apr

:

com

Co

4%%

x22%

12V*

Pa

Co

34%

28

1
Aug 19
7434 May 26
21% May 17
12% May 19

25
No par

Neisner Bros Inc common..

25»/a

12%

Tea

6%

Newberry Co

40%

24'A

91

1
No par
No par

Corp

New

39 Va

Corp

Co

ex-dist

Supply (The)
preierred

Vulcanized

Nehi

20

90

12%

Natl

Cast
Lt

&

Steel
Corp
Sugar Ret' Co

Natomas

*88

*215

54%
240

102

11%
*10 J

395/B

23%

25%

*100

12
102

4,400
400

30

*293/8

101

11%
*100

118'A

37%
118

118%

*50
*215

*105 V*

293/8

1,300

4 Va%

Service

Stl

Power

National

91

X39

12%

15%

20%
54%

107

29%

"

37%
118%

37%

*105 V4

40'A

x25

94

39%

*14%

14%

12
102

40

40%

24%

18%

14%

29%

11%
*100

*91

93

18%

100

100

12

102

•40V4

25%

*91

107

29%

99'A

11%

12

*100

*14%
*105'A

900

15

15

29%

50

24

23%

18%

18%

18%

18%

14%
107

29%

29%

99 V4

11%
102

18%

14%

14%
107

29%
*

18%

18%

14%
*103

29%

40% %40%h
4
*91

18%

96

*95

Mai

Aug

45 %

Nov

190 % Sep
167
Jan

16

Linen

Nat

8,700

23

Sep

15%

36% Dec

19

Jan

15% Dec

National

5,900

1

Oct

30

45% Oct

Oct 31

141

15

3
6

25% Jan

,

100

21

Jan

107

25% May 20

100

96

15 Va

10

common

Highest
$ per share

23% Oct

6

B

24

18%

Co

Nov

A

*23

*14%

Lead

17% Feb

I per share

20% Jan

14% May 19
99

preferred

*95

24%

National

1

No par

preierred

24

11%

No par

6%

96

*13

Stamping

100

*95

23%

&

143%

*23

96

Enam

National Gypsum Co com
$4.50 conv preferred

Year 1916

S per share

38

14% May 19
17% May 19
30% May 26

7%

90%

92

9,000

Nat

5

Prod

20

1

1

*26%

21%

34 5/8

33%

8,100
260

*175

17%

1

101

177

7%

1 Vb

101

200

18 Va

18

183/4
101

34%

34%

34 Va

35 V*

101

17 Vb

7%
17%

1

*175

19%

101%

*43

102

x?4%

36%

46

19
101

13%

19%

19%

102

45

*42%

44

*41%

19%
102

*17

\

13% May 16
27%i May 19

No par

16%

20%

'

$ per share

1

16%

*42

27%

3,700

Par

Lowest

33

2

13% Feb

Jun

12% Oct

2.5o

Nov

18%

Nov

56%

Jan

44

Oct

65 y«

Jan

9

6

45% Jan

6% May 16

No par

Co

25% Oct

12

104%

18y2Feb

2

11

6

Nov

19% May

16%

Deo

26

May

0
*31
104

263/4
19%

32
104%
26%

19%

*31

32

104

104

2 6 r''8

*19'A

*31

102%

103 Va

26%

26%

27%

20

20

20

23%

23%

*98%

100%

93%

99%

10%

10%

10%

10 VB

10

100%

100%

100

100%

102

20%

20%

29%

30

150

153

*20%

23%

23%

24

683A

26%

27

14,400

20

*19'A

1934

19%

19

19'A

23%

24

23%

23%

23 Va

24 Va

100 Va

99%

993/4

98

98 %

97

97

9%

10%

*9%

10%

100%

100'/a

100 Va

10

203'8

20 Va

20%

20%

20%

30%

30'/a

30%

*150

21%

20%

86

2,100

100 Va

100 Va

200

22

*20 Va

693/4

70

LOW

Saturday

Monday

Nov. 29

*

303/4

*150

151 %

*148%

151%

*20

21%

*20%

21 %

*84

86

*845/a

86

84 5/a

86

70l/4

68%

693A

713A

HIGH

69%

SALE

Tuesday

70%

69

3,700

151 Va

Gas

Corp

4%%
8 %

2,600

S per

Elec

4%

Jan

9

30%

Hep

Dec

5

1113/* Feb

io

108%

Jun

21

Apr

14

273/4 Nov

6

19%

Feb

19

Nov

12

22

common

preferred

97

86
15 Va

lo
No par

common

24

100

38

3

July 23

Thursday
Dec.

share

Friday

Owens-Illinois

the Week

f per share

Sep

Jan

29% July
Jun

22%

15

18 Vb

Nov

36

Jun

17

99%

Oct

xll9%

Jan

13% Feb

4

10 %

Nov

17%

JaD

Feb

0

X113

Sep

120

Sep 30

28% Feb

18

25

Dec

May 19

33% Feb

18

26

Oct

158

Sep

51% May
39 Va Feb
180% May

Jun

May

149% Oct

26% Oct

11

107

7

118

7

Feb

&

24

163 Va Jan

18

19'/a May 15

28 V* Feb

8

19%

No par

Marine

84

Aug 28

93

Jan

4

863/*

Oct

111% May

12.50

68

Nov

80

July 25

69%

Nov

100

Mfg

2.50

Co

Sales for

Dec. 5

I

$ per share

21

37% Nov
112

Feb

May 17

7'/a May

6

A__100

preferred

Outlet

173/4

100

Oppenheim Collins
Elevator

20

No par

preferred

(The)

convertible

Otis

29 % Dec
101

pfd

common

Corp

Outboard
80

&

convertible

Omnibus

6%

21 %

Co

Oklohoma
Oliver

8
100
No par

preferred

Oil

Glass

Co

28

STOCKS

Dec. 3

per share

148 Va
*20

700

4.40%
Ohio

PRICES

Wednesday

Dec. 2

S

per

30%

21V2 '

86

151%

AND

.Dec. 1

$

30

21%

*84%

69 %

290

9%

30%

151 Va

3,300

9%

*20 VB

30%

*845/8

1,400

102

*100

30%

*150

101

102

30 Va

*20%

1 per share

21V*

*101

*19%

21

69%

140

26%

102

27 V*

24%

*99%

86

86

101

27%

*101

Co common

NEW

YORK

Deo

35

Jun

Apr

Range for Previous

STOCK

Range Since January 1

EXCHANGE

Year 1946

Lowest

Shares

$ per

Par

Highest
tper share

share

Lowest
t per share

Highest
$ per share

P
*15
13

67%

15%
13

67%

*15

15%

15 %

153/a

15

15

*15

15%

15%

600

Pacific Amer

13

13

Fisheries Inc

13

13

13

1.3

*12%

13

*12%

13

110

Pacific Coast

Co

69

*66

69

69

*65 V2

69

10

15

5

non-cum

No par

50

Jan

2nd

pref erred

non-cum

No par

24

Jan

39%

40

39 %

38

38

35%

35%

35%

35 %

35%

35

35 %

50%

35%

34%

35%

9.900

50%

52

Pacific Gas & Electric

52

52%

52%

52

52

*52

53

513/4

52

1,600

Pacific

35%

*34%

35 %

34%

34%

600

Pacific
Pacific

34%
*93'A

34 5/a
94

*35%

35%

35%

35'/a

93%

93%

93

93 V*

143

*142%

143%

*142%

143%

4%

4%

4 Va

4%

4%

53

53

53

53 %

53 V2

43A

4%

43/4

4%

4a4

8%

8%

8%

9

*15%

16%

15%

52%
>101

6%
*76
>100

21%
*42%
2%
35

29%
*8

9'/a

53

102 %

6%
78%
104

21%
43

2%
35

53

L%

15%

*15%

53

*101

52%

102 %

6%

6

77

6%

77

103

101

%

103

76%
101

8%

103

1,040

139 %

160

4

4

3,600

46%

51%

5,100

434

4%

4%

32,300

8%

31,100

53

8%
*15

8%

8%

16

52%
99%

1C1

63/4

6%

15

53

101%

6 3/4
75

75

*101

103

21%

21%

21%

*42%

44%

*42%

2%

2%

2'A

2%

2%

35 %

35%

35%

34%

35%

35

90%

139 %

4 Va

4734

8%

52%

76%

90 Vb

141%

4

4%

15%

♦101

6%

9134

140

45 Va

8%

53

102%

90%

120

4%

15%

16

35

52%

4%

44 %

*73%
*101

52'A
*99

6%

300

52%

4,900
450

109

6%

6%

4,600

*69 %

75

103

15

72 Va

300

*101

103

20

6%

Lighting

Western

American

Pan

4%

Paraffine

19%

21

42%

41%

42

1,000

2

4,400

Park

3,100

Parke

34 %

34%

29 3'4

29%

34%

347/a

Paramount

Davis

&

30%

*29%

*8

8%

8'A

8%

8

8%

7%

8

9%

1,200

Panneleo

9

9%

9%

9%

9%

10

9%

9%

3,400

Patino

34%

34%

34%

*34%

35

34%

343/8

600

44 %

44%

43%

44 VB

43'A

433/4

5,100

Penney

3,600

Penn-Central

35

34%

43 %

44

44

6%

6 %

6%

14

14

17%

17%

33

32%

6%

14

17%

32%

110

*108%

30

44%

17%

*31
'

108 '/a

*8

*29

8 V8

300

30

V*

6%
14%

13%

13%

13 Va

13'A

17%

16%

17

16%

17

1,500

323/4

*29%

32

*29 Va

32

100

*108%

110

108 Va

110

6

14 »/b

17 Va

29 V*

*13%

6%

xl4%

110

29'A

17

*30

33

6

Vb

6 %

6

6

7C0

Penick &

Penn

Coal

Penn

110

*108%

18%

18%

18%

19

18%

18%

18%

18 3A

IS

11,800

Penn

16%

18%

18%

16

16%

15%

16%

15%

16

44%

44%

15%

157/a

49,500

45

45

45

45

45

45

44%

44 Va

1,000

113

113

112

112

*111%

113

113

*53%

54%

53%

53%

*89

89%

*54

113

113%

55 %

53
*88

89

89

88%

88%

*8%

9%

*8%

10%

*8

10

*83/a

23%

24%
33

23%

24 %

24

243/a

23

*31%
*105

*10%
*15

47%
44%
53

*99%
For

107

*31%
*105

32%
107

32

105

323/4
107

32%
*105

113%
54

88%

*45%
88

9%

*8%

24 V*

22%

32%
107

*32%
105

112

170

112

series

Jan

Apr

55
109
9%
79y2

Nov 12
Mar 24

66%

Apr

100

109

July

100
1

1
7

Corp

com

No par

Inc

(Chic)

32'A

800
20

Eastern Ry

Pet

Milk

4%%

Co

2nd

10'A

800

Petroleum

15 %

15%

15 V*

15%

15

15

14%

14%

14%

14%

800

Pfeiffer

47%

48

49

49 Va

48 Va

48%

473/4

48

46

48

44%
53

100%
footnotes

44%
52

see

45%

52%

*99^4

100%

page

26.




45%

51%
100

103/b

45%

44%

52

1C0

51
#

fH O O

10%

10%

10%

10%

3,100
13,400

45 %

43%

44%

43

44'/a

513/4

49%

50%

50

51

1,200

100

40

101

99

100

*98%

Co

Pepsi-Cola Co

*10%

10%

preferred

Peoples Drug Stores

106

Pfizer

common

preferred

Corp of

America

Brewing Co

(Chas)

& Co Inc

5

10
100
5
100
100
33%c

No par

100
5

No par
1

May 17
Nov 29
47
May 19
81% Jun
5
6
Mav 1°
22
Dec
5
23
May 13
105
Feb
5
w,v 1"
38
112

13 Va Jun
37

9

May 14

3«% Apr 14
49Va Dec
4
M«v 2H

Apr

,

Oct

39% July

62

Nov

82

3%

Sep

Jan

9

35%

Jan

34y2 Feb 21

26

Oct

14 V2 Feb 11
15% Mar 71
38Vb Nov 20

12

Oct

11%

Deo

43

117

5

90%

27%

107% May 20

Sep

Jan

Sep

4

Apr 18
Jan 29
Jan
6
Feb
3
Jan
6
Sep
2
Nov 21

29

Apr

14%

2

36

Dec
5
Apr 15

111

Deo

6

25

6
7

66

Jan
Deo

105%

Feb 11
Jan
4
Oct 20

13Va May 19

4%

8

48%
15%
16y8
24%

15 % Dec

Corp
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
Phelps-Dodge

11

18 Va Dec

com

Peoria

32

24

50

Peoples G L & Coke

10%
15%

10'A

100

100

*103%

7y8 Sen

8% May 19

No par

Light Co

300

33

4

34 >/8 May 7
28% May 20

37%

63% Jan
4% Jan

8

Dec

10

500

105

Sep

Feb
7
Feb 15

Feb

32% Jan

103
Nov 26
19% Dec
5

38% May "

Corp

8 3/a

52,800

10

32% Sep

Co

48

.

4
13

2

-5

Corp

873A
23

99'/a Dec
5% Jan
58% Juti

No par

8 3/a

22

40% Jan 13
-

37

2.50

873/4

23

13

1

No par

*45%

&

Feb

Apr

12%
27

No par

48

9%

11 Va

34%

Oct

20%

1

88

47%

10 %

A

Oct
Nov

5%

Dec

Mines

Pennsylvania Salt Mfg Co
3%s

5

18%

Oct

preferred
&

181% July

11%

Pennsylvania RR

Power

Deo

i

Airlines

16'/a
44%

5%

160 %

164

13

Inc

Co

18%

*43%

Oct

8

No par

16

*

122%

Feb

14% Feb 21
18
July 18

Enterprises

18%

110

2

168

5
May 13

100

Co

Sand

Apr
Jun

129 Va Jan

5

8% Dec

2y2

preferred

Cement

Glass

48

1
Feb 13
59% Oct 20
7% Feb 13

No par

Coke

&

Penn-Dixie

Oct

5

common

Ford

(J C)

Jun

28%

Mar

5

3% May lb

Transp—5

Transportation
&

Jun

67 Va

10

Parker Rust Proof Co

Mines

47%

4'% Dec

Refining

Pictures

*29

9%

&

Consolidated

Utah

48

Oct

Sep

21% Jan

Park & Tilford Inc

8%
9%

Inc

convertible

4%

213-a

Cos

Dec

36%
54%

90 % Dec

1

preferred
&

24

18

10

Corp

Petrol

Prod

17

139 % Dec

Panhandle East Pipe L com__No par
Panhandle

25% July
86% Mar

Sep 24

No par

Oil
Car

Airways Corp

Pan-American

42%

34,500

Motor

Dec
Nov

43 % Jan

25% May lv

100

Pacific Tin Consolidated Corp

21

2

No par

12%
49

46% Oct

50% Nov 29

Telep & Teleg common--100

Pacific

43

2%

—-No par

preferred

Packard

21%

2

25

Corp

Mills

29%

34%

*108%

44

4%

4%

21%

44

*31

54

92%
141

4 Vb

2%

35%

6%

141

4'/a

21 %

*43%

17%

913/4

143

*42%

*34%

*13%

*34%

*33%

19%

1
17

62% Jan 11
39% Feb 19

3

39

35

Jan

Oct

Feb
Oct

16

3

34%.Tun

39

10%

19
80

16

*65

40

65 %

May 28
9% May 19

10

preferred

69

40

*

10

common

1st

*65

40

*38%

22

26%
51 %
118%
55%

Feb 27

101% Feb 13
22
Feb
3
34% July 25
Jan

4

108% Jun

2

34

11% JuJvSfl

Oct

8

62% Jan

2

13

48% Nov 21
59
Mar 20
109% Aug 5

—

Oct

110

7%

May
Apr
Jan

48% May
35'/a Aug
22% Jun
24%

Jan

—

40ya
12%
6%
17%

Nov
Dec
Oct

67% Jun

Sep

28%
110
20ya
25
37%

Feb
Jan
Sep
Sep
Nov

—

45%

Jan

16%

Feb

30%

Jan

37% Aug
115% July
27%

Jan

47%

Feb

51%

Deo

—

Jan

68

May

86% Nov

115

Apr
Jan

43
14
21%
28 %
105%
8%

Oct
Sep
Sep
Sep
Deo

13
Apr
35% Jan
29% Sep
51% Dec
107
Dec

51%
40 Va

Jan

43% Mar
109

14%

is %

Mar
Am¬

Fab

80

May

x48

May

76%

Jan

117%

Jan

'y

166-1 Number 4653

Volume

■—

hJEW

* '

.

LOW

Monday

,v

i;

v'

Dec. S

Nov. 29

i

.

$ per share

22%

22

26

26

115

115

114%

116

*113%

115%

102%

102%

102%

*102'A

14%

14 Va

14'A

14%

31

31%

30%

31%

■"102

*86%

25%

25%

22

1 per share

21%

25%

*112%
102

22 Va

24%

21%

•

10,900

24%

115%

115%

70

102

102%

900-

31

31%

31

89%

89%

*'

13%

14 Va

13%

13%

-31 *>8

-31%

31%

31%

6,800

89 %

89

89

87

87%

3%%

26 %

26'%

26%

26%

26 Va

25

25%

12,900

*96

97

96

96

*94

96

96

96

*95

97

96'A

96'A

400

*90

94

*90

94%

*90

'94

*90

94

*90

94

35%

35%
*88%

90

) 'a

33%

i

*

:'!

■.

>#'

89

-'54

u

-

\1
y |.

*

.

35%

88

35%

88 %

35%
%

90

*88%

•;;

'

54%

55%

55%

56 %

54%

55%

rlVa

1&

rl%

1%

rl'A

l'A

13%

*12%

15

*12%

33%

33%

*100

25%

90

54%

*13

/-i"'

i

•

34'A

34

*88%

26%

1%

■

u

'•L:
-•

33%

89

"

26%

*33

101

*12%

13%

33 V4

33%

34'A

*99

100

100

y

55%

53%

38%

97,200

15

*12%

14

*33%

34%

i

*95

i i

■

■■■■*•

!
'

J

13%
*92

:

*

.

*

*95

*95

14%

14

14%

14%
92

30

30

25%

25%

30%

100%

169

*145

168

*145

168

165

165

165

*95

14%

*95

xl3%

14'A
92

91%

30

29'A

30

25%

25%

25'A

25%

*

17%
*140

155

32%

32%

*10%

•

89'A

*88

89 Vt

78

*76

78

32%

*34'A

10%

155

.25 %

preferred—

88

17%

32 VA

12%
89

84 VB

77%

77

17

17

17

*140

154

*140

33 Vb

10 %

10%

10%

26

26

32 Va

380
40

18'/a

2,100

154

26 VB

31%

10%

*10%
26

29

6,500

2,300

10%

200

Pittston Co

35

35

35

34%

34%

34%

34%

2,600

14%

14'A

14%

14 VB

14%

13%

14'/a

3,500

Poor

13

13 %

10%

13

13%

13 %

13%

13'A

&

Co

13%

13

13%

4,400

"Regular

13'A

16,100

10 Va

10%

9,500

34

34%

700

69%

70

69%

70'A

69

69 Va

4,100

23 %

21%

22%

21%

21%

20 Va

21%

6,900

Publicker

90 Va

90'A

90'A

90 %

91

33

32 V8

32

v2

32 VA

32%

32%

32%

2,400

19%

20 Va

20 VB

20'A

20

20%

12,400

70

22%

22 %

22%

22%

22 %

90%

90%

90%

90%

33

33

32%

32%

32 %

20

20%

20

2U '/4

20

20'A

10%
35 %

10 VB
*35

99'A

100%

100

101

110

110

109%

110%

109'A

109'A

117%

118

117%

113

117

118

116

117

*131

133

132

133

132

132 %

132

132%

*112

112%

112

112

*112

112%

*90

98 Va

109%

99%
109 3

*112'/a

91

98 y4

109

99%

98%

116

128

112 VB

4% %

6.5O

99 %

Pub

112 Va

*112%

53 Vt

51'A

when

32y»Apr 21

910

$5

cum

340

7%

520

8%

Inc

of

1

-

;

67

92

26

12%

34%

171

Sep 22

21

200

Jan

141

Oct

200

Nov

28

13

Oct

31%

28

12%

Nov

22

19

Oct

July
29% Aug

200

Jun

5

35% Oct

27

20%

Sep

25

Oct

19 "A Oct

22

14%

Oct

27%

Feb

30

Feb

Oct

102y2 Feb

13

38'/a Jan

2

25'A Feb

21

15% May 17

x90
Nov 25
30% May 19

20

3

98'A Dec

4

111

2

Aug

5

108

Dec

5

120% July 17

10o

114

Dec

5

130

100

127

Jan

2

Pub Serv Elec & Gas pfd $5„No
par
Pullman Inc
No par

24%

9,100

Pure

107%

500

24%

24'A

108 VB

108 Va

107%

26%

26%

24%

24%

24 %

24%

3,600

23%

100

Quaker State Oil Refining Corp__10

9

9%

57,500

Radjio Corp of America com—No par

70

70%

1,900

110% Jun 24
51'A May 19
21V* May 19

No par

Aug 18
146'A July
9
114y2 Feb
8
61% Feb

3

28% July 25

32

Nov

98%

100

common

Nov

Dec

19% Dec

preferred
Purity Bakeries Corp.

Jan

38% Oct

No par

conv

Jun

May

14 V* Jan

Nov

No par
com

Feb

96%

28

Dec

*108VB

23 VA

68% Dec

11%

110

*

18

13

53

108 %

23 %

84% Sep
19% Nov

Jan

Oct
Nov

38

*108%

*23'A

59

3

108%

23 y8

103

13

24%

*23'A

1
11

17

53

23%

Feb

140

71'A Nov
32% Jan

54 VA

*23%

22%

May 20

24%

23%

Oct

57

53%

23%

9%

15

par

24%

23%

Jan

14% Oct

Feb

25

*23

14

Feb

54

25 Va

Dec

16

24%

24'/a

7%

No par

(The)

Jan

10% Nov 21

43

53

%

Mar

48%

May 19

53 %

2b

210

Sep

May 17

24%

26

May

Nov

30

u

52 %

26%

202

200

l

34

24 %

26%

July

2

Oct

—5

preferred
preferred
preferred

Oil

197

Jan

21

com

preferred

5%

Aug 22

42% Feb

14% Nov

Colorado

Corp of N J

Feb
26 % May
30 ' Feb

203

l

No

Co

106

169

50

54

110

Dec

12% Nov 25

com

24%

110

Nov

Feb

21

53%
108

Dec

17%
Xl6%

93'A Oct

10

6,000

120

89%

21

10

15%

•

59% May 17
10% May 19
May 15
17'A May 16

24 %

53

May 19

8Va May 19
114
Apr 22

10

Inc

Co

preferred

Service

6%

112%

7

Sep

Nov

15% Nov

dist_.

Car

Industries

^arv

860

109

Aug
1
163% Nov 17

Oct

7%

26% Feb

32

13'/b Nov 26

preerred series A

$4.75

Public

130'A

114

131

Common

Press, eu Steel

115%

108

131

112%

109%

13.6

4

165

123

16% Oct 23
102
Mar 29

Co

Procter & Gamble

69%

10%

*34%

May 16

29

Way"

10%

69%

100%

13'A

13%

35

69%

98%

13%

13%

10'A

69%

*90

13 VA

13%

Power

34%

10%
35

May

1

B

10 '/a

10%
35

69%

13%

class

Electric

35'A

10%
35%

*35

13%

13%

136

10

Apr 19
19% May 19
11% May 17

Pond Creek Pocahontas

14%

13'/a

Feb

a.

Feb

10

35

14'A

13%

Jan
Dec

*

18

No par

35

14%

13%

41

36

110

5

35

Potomac
13%

Dec

1

14

Jan

Nov

73% Jan

Sep
Sep

5

35

14

36
89

16%

10

(The)

Feb

106% Aug
■

29%

91
Sep 23
18'AJan
2

Plough Inc
Plymouth Oil Co

32%

49'

Dec

102 %

preferred class A—
100
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100

26 Va

Dec

1

5%

32%

Oct

84

•

100

10 Va

96%

20%

July 25
63% July 14 '

Feb

Jan

1ANOV-19

17y«Mayl9

100

8

5

19%

38 % July 24
108
Feb 19

i—1

Pittsburgh Young & Ash pfd

'

Oct

24

—1

preferred

25%

*

10%

25%

87%
77

Nov

1

11%

12
Jun 10
30% Apr 28
99% Dec
4

;

25

Pitts Ft Wayne & Chic Ry com—100

*135

*77

154

*140

33%

32%
*

10 Va

25'A

17

17%

17%

32 %

11

-5

21

17

50% Mar 15
1

2,600

*88

24%

24%

No par

12'A

12%
*135

*76

*140

93

—-

Pittsburgh Forgings Co

25

38 % Dec

Jan

11%

12%
__

78%
17%

Hosiery

18

Mar

Nov

Apr 29

Pittsburgh Screw & Bolt:
No par
Pittsburgh Steel Co com——No par
7% preferred class B
—100

12%

101

92

81

5,000

*126

Feb

21

9'A

12%

109

100

—

7%

43% Jan

95% Nov 28

__100

8%

37%

va Mar

No par

com

Pittsburgh Plate Glass Co

12%

155

Jun

50

88

*140

Jan

5,000

*126

17%

17%

Sep

71

112

38'/a

9'A

88

33% Sep
104% Dec

169 %

38%

9%

*76

5

*167

37%

9%

78%

Dec

169%

38%

9'A

88

25

5

*167

37%

*76

102

169

166

9%

*87%

47

Dec

*

38%

12%

Dec

89

165%

.9 Va

11%

20 Va

li

168

38%

*126

24

08

*145

9 %

12%

15

35% Nov

5

168

38 %

*126

16% Oct

16

Dec

*145

9%

July
May

Jan

168

37%

34

122

87

*145

9%

30% May

Dec
Dec

10% May 19

168

37%

12
J;:

preferred—

Pitts Consolidation Coal Co

600

2 7'A

116

21

'

37%

■

120

3,800

Highest
t per share

Sep

1

Pitts Coke & Chem Co com—No par
$5 convertible. preferred—No par

3,500

91%

30

25%

9 %

i

14%

13%

24%

109% Aug 12

NO par
Pitts C C & St Louis RR_i-——100

—

30 Va

'

•

—

92

*91%

120% Aug 12

5

Pillsbury Mills Inc common

92

*25'A

21

Nov

cumulative

preferred
Phillips Petroleum—
Rights

$4

21

Nov

100

Phoenix

150

29% Jan

5

a

112

common

10(V

100%

27% Jan

3

300'

30

26

*25%

*145

jt

14%

92

30%

92

30%
26 %

*165
;

14%

91%

93%

30'A
*25 %

f

*95

-

5

1 per share

10o

12%

'

24% Dec

Year 1946

t per share

102

Iron

34 VA

12%
*34

101

246,700

-

21% Dec

No par

preferred series A

series

3.60

share

100

Phillips Jones Corp
5%

60

;

55%
—

99%

2,100

90

per

Lowest

—100

Philip Morris & Co Ltd
4%
preferred—

'

'

■

101

101

38%
*88'A

34%

*33%

100

54%

94

*90

37%

lt

No par

common

preferred
preferred

3.8%

.

130

2o

2o%

Co

Phila & Reading Coal &
Philco Com common

5,307

31%

Electric

4.4%

\

'

Range Since January 1
Lowest
Highest

$1 preference common

115

103

\
.'V;.

Phlla

1,500

*114

14

Range for Previous

STOCK

Par

*102

14 Va

YORK

EXCHANGE

Shores

21%

24'A

25

NEW

115

102%"
14'A

*87

89

*87

89

the Week

22%

25

25%

*25

Sales for

Dec. 5

$ per share

$ per share

103

14'A

*

STOCKS

Friday

Dec .4

Thursday

23

STOC

-

Dec. S

22%

22%

.

YORK

PRICES

Wednesday

1 per share

$ per share

22%

SALE

Tuesday

Dec. 1

Saturday 1
\

HIGH

AND

(2327)

v.;.rU.V» V*

-

Dec

31

Sep

17%

63% Feb
71% Apr
67
May
105% May
41

July

Oct

30%

Jun

Sep
108
Sep
114% Aug

115%

Jan

126

Jan

119%

Jun

150

112

Nov

117%

Feb

Sep

69%

Jan

103

47%

139% May

19% Feb

Jan

28% May
115% Jun

100

106 % Oct

6

109% Jan

17

107

Oct

No par

24'A Dec

3

36% Feb

4

30

Sep

38%

Mar 14

24% Nov

24

19JA

Feb

25% Aug

20

Feb

R
9%

9%

10

9%

10 VB

70

70%

69%

70 %

10%

10%

9%

71

*69%

10%

10%

10%

10%

9%

10%

9%

9%

8%

9%

53,600

*95%

96 %

*95 Va

96 Va

x95 %

95 %

95 Va

95%

60

9%

10

70

9%

70'A

70

9%
70

$3.50

conv

*95

96%

*33%

35 %

33

33

33'/a

33 %

32 Va

32 %

*31%

33'A

32%

32%

700

29%

29 %

29%

30

30%

30%

29%

30%

29%

30'A

29

30%

7,900

Rayonier Inc

36%

36%

36 %

36%

36%

36%

36 %

36 %

36'A

96 Va

17%

17'A

*44

45%

*44 %

36

*34

36

*13

13%

*100%

13%

105

13

101

17%

36

1,700

17%

17%

17%

*17%

17%

17%

17%

1,300

45%

*44%

45'A

*44%

45'A

*44%

45'A

100

*33%

35

100

13

400

36

*34

13%

13 Va

13%

108

xl2%

13

35%

17%

45%

45:%

*33%

*101

12%

108

35

35

*34

35%

*13

14

*13

13%

*101

108

*101

13

108

101'A

101 'A

12%

12%

12%

12%

1,300

12%

13

12%

12%

*12%

13%

500

24%

24 3 4

24%

24%

4%

12%

13%

15

*13%

13%

*24%

15

25%

*24%

25%

25%

11%

11%

11%

11%

*11%

12

11 %

11%

65

65

65

*64%

66

64%

64 %

13%

14 %

14%

14 Va

14%

13 Vt

13%

96

96

*95 »/3

97 Va

97%

*95%

97%

32 Va

32%

32%

32%

32%

31%

•65

14

*95%
32

LOW

AND

HIGH

Saturday

1

Monday

Tuesday

Nov. 2 >

.Dec. 1

SALE

Dec. 3

Vf

I

share

7%

7%
*4

per
8

8'A

4

4 %

f

share

D«r

7%

4

4

11

11

11

11%

26%

26%

26%

26%

26%

*107%

108%

108 34

108%

*107%

20
100

100

19%

20

6%

*102%

19%
101 %

6%

6%

6%

24%

25

103

20

101 %

*100

6%

24%

*11

25'/a

25%

*102%

105

*102%

9%

912

9 %

9%

40%

40%

40'A

40%

40 %

10

11%
*

8

4%

per

7%
4

7%

4VB

9,900

Remington-Rand

200

3%

19%
100'A

6%

3%

9,200

10%

10%

108 Va

108%

108%

19%

19%

19%

100

100'/a
6%

100

6%

21,700

25%

4,100

105

*103%

105

*103%

10

*9 Va

10

9

105

%

40%

40'A
50

50

96

*95%

96

94%

94%

95%

95'/2

21%

22

22%

22 %

22 >A

21%

22

16%

16%

16%

16%

16%

16%

16%

xl6

26 Vt

*25%

26 VA

*25%

22%
63

*17%

41%

10
*ro

91

62

61

18

18 VA

xl8

18

*18

42%

42%

8

31

7%
31

9%

9%

90

90

*90

20%

20%

20%

112%

111%

111%

9%

9'A

9%

9%

20%
111

9%

42%

90

20%
111

43

43

41

41 %

40'A

*96

96%

96%

96%

*96

*96

96%

96%

*96

13%

13%
*90

;

<

i •
:

%• %

|

;•

i!':

2,400

Rheem

*25%

6

*5%
19%

19%

22

22

500

61

61

61

1,300

18'A

18

18'A

i

800

4,900

90

90

20%

20%

111

112

97

*96

96%

*95%

30

29'A

30

4,800

9%

9%

9%

12,900

90 Vt

89%

89%

220

20%

6,700

20%

x20

112

*111

112

360

8%

9

4,400

33

31%

33

24,800

40%

41

41

42%

42%

900

97

96'A

96'A

96

96'A

110

96

*96%

13%

13%

13%

93

90

x9

90

13%
*87

9%

96

*95 V4

96

13%

14

13%
91

*83

14%

14%

14'A

14%

14'A

14%

13%

47%

*46'A

47%

47

47%

46%

46%

17%

17%

*17%

18

*17%

17%

17%

34%

34

34 %

17%

34

34%

34

*33%

34

33

20

14'/a

47%

18 Va

34

34

4,200
1,300

.

500

1,500

5%

*5%

5%

*5%

5%

*5%

5%

5%

5%

37'%

37%

37%

5%

37%

300

37%

37%

37 Va

38

36%

37'A

36 Va

36%

*11%

11%

11%

11%

11%

24,600

11%

11%

11%

11%

11 Va

11%

11%

2.800

7%

i r
28%

7%

7%
11%

11%.

*104

34%

29

'
1

29%
35%

■

footnotes

11%
*104

34%

•

For

7

11%
105

see

page




26

7JA
11 Va

105

29%

y

-

29%

35%

35"%

100
Co

18"% Feb
108% Mar

1

15

99

Sep

12%

Dec

11

4

14% Nov

20 y2 May '21
11 y2 Sep '4

29% Feb

13

12% Dec

63% Dec

xl2% Dec
96

5

17% Feb

8

84% Feb

18

31
Apr
112% Feb

16%

5

17

Nov 12

102

24 y2 Jan

13

26%

Dec

Oct

45% Apr
27% May
May

14%

Nov

74

Dec

101

105%

Aug 11
Jan

2

100

OCt

33% Oct

15

20

Oct

Apr

34% July

$ per share

4% May 19

Year 1946
Lowest

$ per share

S per share

7%

Nov

24%

Apr

Dec

17%

Feb

Oct

21%

24%

Oct

40%

107%

Oct

118

Sep
Sep

31% May
110 % Jan

15% Feb

4

13%

30% Feb

21

113% May 28
24% Feb 16

3% Dec
10% Nov

108% Dec

14

4

May 19

99'A Nov 13

110

3

Highest
I per share

7

9% Jan
8% Feb

7

5
18

22V2Mayl9

,

18

97

Apr

7

6V2 Dec

3

11% Feb

8

9%

Oct

19 % Jun

9

39

Jan

2

24%

124

Jan

28

105%

Sep
Sep

preferred

Feb
Feb

Apr

18% May
45%

Jan

100

3.60%

90

May 27

1

9

May 19

16% Feb

12%

Nov

28%

Feb

10

36'/aMay20

44% Feb

36 %

Sep

46%

Jun

45

50

Feb

43

Feb

104

Feb

100

Nov

series

100
1

Oil

Corp
No par
Ritter Company
NO'par
Roan Antelope Copper Mines
Ronson Art

Co

May 29

94% Dec

5

136

50% July
108% Feb

14

25% Feb

19

Dec

38

13% Jan 16
23%: May 16

17% Aug

12%

Oct

31

25

Oct

19

Apr

Jan

Jun

10% Mar 31

Oct

2

(The)

9

20% May
44
Apr
13% Feb

18% Nov

7

20% Nov

24

1

Metal Wks Inc

•Royal Typewriter
Ruberoid

Feb

26

16 %

_2.50

Manufacturing Co

Ruppert

33%

NOV

4

Feb

May 16

No par

com

19% Sep

4

24% Oct

21

17

Oct

30%

42y2 May 19

68 % Oct

20

40%

Sep

65

26% Feb 21

21%

Oct

May
34% Jan

64

No par

(Jacob)

5

7

11%

*104
28%
•35%

5%

7

6%

11'A
104

%

11

29%

104
27'A

35%

34%

:

7

6%

11 Va

10%

104 '

*102

28%

l

.27

35%

33
•

7

Joseph Lead
10
St L-San F Ry Co com v t c—No par
Preferred series A 5%
100
St Regis Paper Co common
5
1st

pfd 4.40% series A
Safeway Stores common—
5% preferred
Savage Arms Corp—
Schenley Distillers Corp

5% Sep

Feb

Nov

28

Jun

9

65% Jan

2

5% May 19

12% Jan

18

6%

Jun

Scott Paper Co

$3.4o

cum

Scranton

3.35%

27%

12%

Dec

8

30%

Dec

33

Dec

Jun

30

12

Oct

22

89% Dec

5

22

Nov

9
x20

Dec

5

110'A Nov

18

98% July 24
26 % July 17
4

110%

7% May 19
23 % May 17

9%

55% Jan

2

No par

40'A Dec

3

49% Jan

No par

96
Nov 21
96% Jan
3

103% Sep

pfd—100

(The) common—5

13% Nov 28

18% Jan

1.75

cum

cumulative preferred

100

90

Jun

26

102 % July

98% Mar

Sep

May

34% May
116

Mar

Nov

18

Jan

53

Nov

100

7

42

Oct

Aug
July

2

100

9

61

Dec

110%

Jun

95%

Dec

102%

Nov

Sep
Sep

37%

Jan

20
3

24% Feb

13

17%

Feb

13

42

v

t c__No par

11 % May 19

preferred series A

100

39% May 17

55

17% Dec

19% Nov 24

Seaboard Finance
Seaboard

Oil Co

com

Co

Seeger

Refrigerator Co

Seiberling Rubber Co
Servel Inc

$4.50

common

preferred

Shamrock Oil & Gas

2,300

Sharon

Steel

1

of Del——_N0 par

Seagrave Corp
Sears Roebuck & CO—

5,700

34%

Dec

Aug

8

5

preferred

Elec Co

Sep

11%

33

11% Feb

5,500
10

5

100

common

Seaboard Air Line
5%

100

45

2

May 19

40
18

114 % Mar

5,000

11 Va
103

Va

St

Scovill Mfg Co 3.65%

4,i0O

89

14%

47%

28-%

y;;

2,100

11,800

14

34%

•••>•

l,l66

6

20

22%

18 Va

105

July 14

39

53% Jun
46% Jan

lo

Preferred

1,000

26'A

47%

7%

9 Va May 17
Oct 14

96

11

10

.

Metals

Richfield

14%

11%

Oct

50c

Common

6,400

18%

*104
*:'m-'Iv-

36%

1

Reynolds Spring
Reynolds (R J) Tob class B

16'A

47%

*5%

•

39

Feb
Feb

May
Apr

Range for Previous

preferred

convertible

21%

*34

ft,,

5%%

94%

*18%

14

6

Range Since January 1
Lowest
Highest

preferred

16

*46%

*

5%%

Reynolds

21 Va

7%

32%

43%

93

Nov

STOCK

Rexall Drug Inc

94%

42%

33%

*41%

13 %

33

Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper & Brass com—No par

16%

7%

9%

33%

93

convertible

21%

41%

•9%

34%

*96

$1

95

7%

9%

33%

13%

Nov

Sep
Sep

1

Republic Aviation Corp
Republic Pictures common

360

42%

10

9%

7,000

51

7%

9%

20%

1,900

41%
29%

111

9%

7%
30

91

14

16%

Par

100

42%

7%
29%

10

38 % Feb

32%

9

Apr

S
41%

33%

94

*21 Vt

8 Vb

33

13%

22

31 %

33

*93

20

18%

20-%

32%

20 >/8

22
62

112%

<,

5%

22%

9%

10

*19%

6

63

7%

30

20%

*5%

62%

30 %

7%

7%
30

20
*22

6

21%

63

63

41 %

41%

20 %

*22

18%

6

22%

20

20

22%

*25%

6 %

*94

102

40%

40
*50

26'A

*17%

•

9%

40%

49 VA

63

:%

100%

9%

40%

26

33

40

EXCHANGE

70

6%
23 Va

49 Va

6 Va

100

6%

40%

*25%

5,500

25%

50

20

♦

*98

300

19%

6%

49%

6%

108%

19%

25%

16%

'•

*106

29,900

26

50

26%

49%

Sep

22% July 25
48% July 25

25

NEW YORK

900

26

21%

••

3%

5,500

24%

*49%

*6

Dec

17%

3

50c

common

Shares

7%

7

4

*95

<

1 per share

11

*10%

50

*25%

the Week

25%

26

32

19

Mar

No par
No par
100

Reliance Mfg Co common
Conv pfd 3%% series

Sales for

Dec. 5

7%

*49%

%

Friday

26'A

11

26%

*107

10

41

5

$4.50 preferred
Reo Motors Inc

25%

11

6%

13%

*95 %

I per share

7%

26 Va

101 'A

xl.2%

97%

Thursday

share

11 %

20

13%

Dec. 4

26%
10G'%

100

2,700

Feb

31% Nov

16% May 17

10

Reliable Stores Corp

400

30%

100%

96% Mar

Co—

1,600

98

35 y2 Jun

41

STOCKS

Wednesday
S

&

PRICES

Dec. 3

share

(Robt)

11%

30

112%

105% Mar 1

5o

$1.25 div prior pfd

24'A

31%

Dec

100

63%

97%
*31

28%

50c

11%

65

Oct

50

Preferred

Jan

Dec

15%

50

Reeves Bros Inc

19

76%

2

95'A Nov 26

„25

;

1st

'63%

11%

63 VB
13 "A

32

24

Nov

4

15% Jan

28% May 19
17% May 19

1

preferred
4% non-cum 2nd preferred
Real Silk Hosiery common

Reis

*13%

*24%

non-cum

9

80% Feb

5

100

common

7

22

8% Dec

No par

pfd

Raybestos Manhattan

20

12%

12%

12%

36%

Ralston Purina Co 3%%

10% Feb

69'A Oct

1

$2 preferred
Reading Co common

17 y8

*95%

7% May 19

1st preferred—_No par

Radio-Keith-Orpheum

Corp

5

5

23
Mar 8
5% May 1.7

No par

30% May 19

5

1

1
No par
1

No par

Oct

10

6% Dec

4

11

10% May 19

101% Nov 20
20% Apr

15

24% May 19

«

23~

77% Feb

Oct"

35% Oct

23

10% Feb

6

6%

Nov

17%

Feb

40% July 14
16% Feb
8

35 %

Nov

49%

Apr

10%

Nov

23% May
22% July

16% Feb 11

16% Feb
110

Jan

3

7

13%
12%
105

Nov

;

Oct
Dec

30% Nov 21

17%

Oct

40% Oct

23%

Oct

20

39%

24%

Apr

Jan

113% May
32% Apr
e

40 %

Feb

•

,.

.

...

r1l

v.

;

12

bs;*J i#*M>piui

11

24

THE-COMMERCIAL

(2328)

NEW
Saturday

Tuesday

Monday

Nov. 3!)

Dec. 1

S

share

per

23%

$

per

24'/4
78

*76

78

16

16

16

16

13

12%

12%

301/2

30%

30%

30 3

*6%

4

7

7

4%

41/4

*36%

37 %

*42 Va

43%

15

23

15

15%

2,400
400

*12%

) 3

12 3 8

12%

31%

x29%

30

29%

30

26

30

7

6 7/Ji

7

4%

4%
37%

x35%

43%

*421/4

43%

6%

4%

4',4

36 %

43%

36
4

10,300
4,000

7

6%

Par

$3.50

(W

23

Jan

3

82

Feb

19

77

Jan

91 '/a May

Dec

4

21% Feb

18

17%

Sep

26%

Apr

1

121

JlUl

20

ceo

xo

27%

Feb

43%

Jun

17 %

July

17
8

Jan

7

Simonds Saw & Steel

No par

39

51

Feb

21

Sinclair Oil Corp

No par

14

41%

41%

200

Oct

20%

Jan

651/2
271%

Feb

10
Smith (A) & Sons Carpet Co com__20
3%%
cumulative preferred-—100

38

May 20

62% Oct

20

42

Oct

91

Jan

291/2 May 19

39% Oct

28

35%

Nov

35% May

94

Nov

21

102 Va Jun

30

99

Dec

108

July

Smith & Corona Typewriter

24

Dec

1

35 % Jan

6

29%

Sep

48

May

July 11

13%

Oct

18%

Skelly

20

20

19 %

1,400

Sloss-Sheffield

56%

54'%

54%

*54

55

1,600

Smith

37%

36%

37

36

36

1,100

37%

*94

96

*94

96

26

24

24

16%

16%

4

*6

.

*17%
44

36%

16 %

6%
42

36%

96

*94

96

941/2

94%

*94

24%

24%

16%

16%

37V8
*94

*24%

25%

24%

24%

17%

17%

17%

441/4

44%

44%

40%

401/8

40%

401/4

27%

28

28

28 "4

23%

231/4

23%

231/2

16 %

16%

3%

3%

3%

5%

6 %

95%

24 %

241%

3,200

5%

5%

44%

44%

500

16%

17

16 %

16%

4,300

Southeastern

45

2,000

South Porto Rico Sugar com.-No par

5%

17%

16%

17%

42%

45

40 %

40%

40 %

28%

281%

281/2

29

29

29

28

28%

2,400

231/2

23%

231%

23 %

23%

23 %

23%

23%

4,100

Southern

Natural

13,600

Southern

Pacific Co

5,500

Southern

Railway

44%

45%

44%

*40%

41%

*40%

41%

8

42%

42%

42

43

33%

33 %

34

34%

34%

34%

33%

341/4

33 %

33%

33

33%

58%

58

591/2

17%

*17

17%

5

5

5

5

8%

8%

8 %

8 %

58%

75

*71

75

16%

*16%

17

16

16

4%

5

4%

58 %
*71

16%

17%

*8

8

75

4%

*71

75

17

59 3

58%

59%

*71

*17

4%

4%

9

*8

9

—

1,100

4%

*8

75

*73

1,800

*73

2,900

8 %

4%

9

*8

300

200
30

75

3%

preferred

Southern

5%

75

75

75

75

75

29%

30%

30

30

29%

29%

29

29%

28'%

28%

1,300

22%

23 %

23 %

23 %

22%

23 '/a

22%

23

22%

22%

10,600

Sperry

9%

Corp

10%

10%

10%

10%

10%

10%

12,300

Spiegel

73%

73 3

73 %

74

73

73%

*73

73 %

73

73 %

72 %

73

370

Conv

18

18

18 %

18%

18

18%

17%

18 %

171/4

18

4,900

291/4

2,900

100%

190

*17%
29

4

17%
29

*99%
25

100%
25%

*90%

92

29

29

29

99%

100%

100%

25%

24%

25Va

90%

90%

10''2

29 %

29

29

100

91

25

*90%

10 %

101 V;

*100%

9%

9

10

29

29 7

*100%

101%

s

29

100%

24%

23%

23%

23%

90

24

*88%

24

89

89

88

88'%

1,000

21,500

21%

20%

23 %

22%

23

22%

22%

21 "2

22

20%

21%

17,000

*92%

95

94

94

93

93

92

921,-2

90%

901%

90

90%

800

*102%

103

102%

102 %

99

101%

20%

104

103

2,100

1
1

Inc common
$4.50 preferred

2
No par

Square D Cc

5

.

Squibb (E R) & Sons common
1
$4 preferred
No par
Standard

$3.50

Erands

com

No par

.

preferred-

cum

Standard

Inc

No par

E Co $4

G &

pref

.No par

$6 prior preferred

No par

$7 prior preferred
No par
Gil of California...No par

1021%

103%

60
-

No par

60 Va

60 Va

60%

60%

61

60%

61

601

60%

59%

60%

10,200

Standard

39%

39%

39 Va

39%

39%

39%

39

39%

39 %

39 3

a

39

39%

13,800

Standard

Oil

of

75%

75 7

a

75%

20,900

Standard

Oil

of New

26%

26%

26%

10,000

Standard

Oil

of

103 Va

103 3

4

74%

75

74%

75%

75%

75%

75 3

4

76

26%

26%

26%

27%

27

271/4

26%

27

e

98%

*97

74%

26%

98%

*97

100

2,800

99%

*98

13%
*42

*40

*97%

98%

*97%

98 3.,

98

98

13%

13%

13%

13%

13%

13%

13%

13%

13 %

12%

13%

43%

*41%

43%

*41%

431/4

42

*41

42

43%

*42

42 Va

*41

*14%

14%

36/8

36%

*93

95

*31

43%

*42

43%

43

*42

44

14%

14%

361/8

36%
95

*93

12

191/2
10%
*105

*54%
*120

9%
34%

14%

14%

*13%

36 Va

36%

35%

36

94 Va

94 '/a

94

94

31%*

31%

31

31%

2,300

14%

14%

14%

14%

1,700

19%

*18%

18 7

8

2,100

20%

*20%

20%

20%

20 J/4

20'/4

19%

19 3

4

200

I2V4

12%

12%

121%

12%

Hi/2

12

11%

Hi/2

5,800

19%

19%
11 Va

10%
*105

105%

54'/2
118

54%
120

9%

10%

*118

34%-

54 %

19%

54

119

351/4

35%

35%

9%

9%

9%

9 %

9%

20%

20%

20 %

20%

129%

I291/4

128%

18%
19

19,800

10%

2,900

105'%

100

53%

53 %

53 %

3,300

9%

9%

35%

35%

351/4

35%
9%

Sunray

*122

18%
40%
19

Oil Corp

1
12.50

Mining Co

_

Corp

170

5 3%

2,100

LOW

Monday

Nov. 2!)

AND

Dec. 1

HIGH

Tuesday

8ALE

S per share

I per share

Friday

116

Mar

Nov

55

May

Aug 14

98%

Dec

99 Va

102

2

20%

Oct

18

70

Oct

135 Y2

NEW

the Week

Corp

YORK

par

1

Feb

19

78

Oct

149%

Apr

July 24

42Va

Feb

59%

Aug

44 %

July 21

37

Feb

49% May

61%

Nov

80

July 24

31% Auf*

19

JL-.

29

17 % Feo

11

105

1041% Mar

36% Oct

2

2
5

20% Mar
100%

Dec

78% May
30

108%

July
Jan

11

Oct

25

Feb

37%

Nov

56

Jun

37

Sep

53%

Jun

26% Aug

16 Va

Oct

411/2

Jan

1021/4

Oct

109% Aug
26% May
39% May

63

May

15

Feb

17

25 '/a Feb

11

117

Oct

21

11

12% Sep

18

7%

32% May 27

45 Va Jan

2

7% Jan

101% Jan

13

May 19

125

Apr

Oct

Feb

Apr
38% July

24 % May
110

78%

May
Jun

124% Aug
14

May

56% Aug

42 'A

Sep

6

10%

Oct

24

24 % Oct

14

17%

Oct

35% May

Oct

23

13% Mar

132

Oct

160

7

19% Nov

23

5

24 V4 Feb

102

Apr
May
Dec

May 19
14% Jan
2

47

38

Jan

55%

Apr

21% Oct

31

13%

Sep

21

Aug

30% Jun

9

37% Jan

28

31

Mar

5

27»/4 Jan

2

Dec

5

28% Feb

13

90% Dec

5

xl9

5% May 19

104 »/4 Mar 11
10 y2 Feb

1

Sep

41 y8

Feb

25% Nov

36%

Jan

19 Va

41

101

7%

Nov

Nov
Nov

Feb

109% Aug
16%

Jan

Range for Previous

STOCK

Year 1946

Range Since January 1

EXCHANGE

Lowest

Lowest

Par

Shares

I per share

Dec

Apr

63

125

Jan

10

13

No par

Gould

May

60% May

36% Jan
114% Feb

Jan

36

4.16%
25

preferred

Sales for

Dec. 5

Dec. 4

I per share

55

Oct

34%

STOCKS

Thursday

Dec. 3

I per share

(The).

Co

PRICES

Wednesday

Dec. 2

$4

Feb

107%

6

45V2 Jan

21%. Dec

Paper Co

Symington

33%

11

37»/2 Jan

18

Jan

10

Sylvania Elcc Prod Inc com__No

90%

Saturday

25

Swift International Ltd

5%

2

1121/2 Feb

49

May 19

16

5o

Swiit &

90%

Apr

14

8% May 19

5,800

5%

24%

Oct

17% May 20

5,400

91%

Sep

47

10c

3,600

5%

15%

7

No par

20'/a

5%

5

118

21%

5%

18% Feb

100

cumi

Steel

5%

I per share

(4%%

33%

*92

Apr

Sep

21%

6

Apr

109%

Sep

Superior

91%

92%

5%

39%

Sep

Nov

Sweets Co of America

5%

*92

Nov

61%

Sutherland

92%

6

14 Va

84%

12%

200

92

92%

7
4

Feb

26

Jan

17% Feb

49

5

40%

90 % Feb

103%

600

92%

5%

July

3

33%
xl9

104

Dec

13

15

17

300

20%

Sep

18%

24% Oct

15% Feb

17

34 y8

92

93% Jan

Apr
Jan

31% July 14

75% Mar 24

19

21%

May

109 % Apr

39

20Va

27

July 28

19

21%

13%

Nov

May 26

17

33 34

Oct

11 Va

51

*39

21%

5%

7

No par

19

34%

8

10% May 19

17%

20%

7% Feb

14% Jan

105

1

39%

21%

*92

1

*18

34 %

30%

No par

*39

20%

30% Nov

Nov

4

3

Nov 25

94

Feb

16%

20% Feb

23

19

34%

41% Jun

96

23%

18

21

3

Nov 20
10% May 19
98

Oct

Oct

40

22

Mar 17

63

23% Jan

73

Oct

18

20%

37 % May 19

Aug 26

18%

*18 »/2

34 Va

89
May 17
50% Mar 11

Jun

81

14%

*39

21%

May 17

Jun

90%

3

California.....

21

17% May 16

81

65

Oct

10% May 19

Oil

22

19
20
19
8
10
4
5

Sep

64%

Jan

Superior

34%

19
10
8
19

33

8

Oct

1,300

33%

May 19

May
Nov
Sep
May
May
May
13% May
27
Nov
99
Nov
23% Dec
88
Dec

2

Feb

Dec

(The)

22

10

Jun

50% Jan
77

13%

Superheater Co

20%

28

39% July

21

Sunshine

21%

70

2014

Sunshine Eiscuits Inc

20%

33%

33% Mav

Oct

7

2,800

20%

Jan

3

3,200

"2

Sep

22%
38'A

Mil)

8

19

17%

30

<5

<

191/2 Feb

40

18%

7

4

4

24% Oct

40

*18

34% Jan
28% Feb

19

21% Jan

common

common

of

26

July 29

22

14% May 19
19% Jun
3

(The)

Corp

pfd

27% Nov
34 »/2 Apr

13% May 17

8,000

21%

33%

A

Feb

20

20

8%
19 "4

127

Class

18,300

Co

59%

-1

127

9%
20%

91/8
20

Sun Oil

Sep

5

$4.50 series A preferred

120

118

118

Chemical

48%

7

56

No par

Studebakev Corp
Sun

IP

May 20

Webster

&

Stone

Dec

Jan

41% Nov

?9

35% Dec

Camp Inc common
prior preferred

5%

Nov

40% Nov

]?

*18

18%

401%
*18

19%

10%

9%

127

129

128

18%

105%

9%

10

20%

129

4

11

119'%

*117

118

9%

*105

53%

54

118

10

35V4

105%

19 3

105%

19V4
10%

11

11

*105

9%

35%

19%

10%

105%

53%

10

12

2OV4

19%
*105

*20%

Nov

83

22%

5

Stokley-Van

*20%

9

Dec

May 17

15

8% May

Dec
Dec

37

Inc

& Co

P)

Sep

7%

20%

.No par

Stewart-Warner Corp

18%

(J

4%

9

62%

1

.

100

19%

9%

40%

50

preferred

15

20%

*18%

31/2%

31%

9%

*17%

—

Sterchi Bros Stores Inc

19

20%

*39%

100
1

Sterling Drug Inc common

200

14%

9%

130

common

L S

31 V4

20%

129%

(The)

Co

Starrett

19%

12 %

34%

—10

preferred

15

20 34

10

convertible

31%

19 3

120%

600

5,200

25

.

common

Spring

19%

31%

15

19%

55%

14%
35%
95

Steel

14 %

31%

15

10%

200

Jersey

Ohio

4

31 1/4

19%

14%
35%
*94

Standard

4%

25

preferred series A

Stevens

19%

1051/2

4

95

41

41

14 %

14 %

%

15

*201/4

42

36 3

14

36
*93

31%

15

*19%

*42

3%%

Indiana

a

8% Jan

7

May 17

Sons

Jun

5% Feb

9

15
4%
6
75
23%
16%
8
71%

(The*

Jun

22% Jan

Nov

1

Jan

54 V2' Apr

68

1

15

26

100

tr ctfs

.No par

&

Nov

17

3

14% May 2b
31"! May 19

May 19
57% May 19

& Bros Inc

Kellogg

Spencer

42

100

Co common
preferred

$5.50

75
23

oar

common—No par

Withington

Sparks

30

7.50

No

preferred

(A G)

Spear &

22%

25

Co

Gas

& Ohio stock

Spalding

29%

25

Edison

California

Mobile

5

(newt

non-cum

*73%

*73%

50

Greyhound Lines

45

43 3

75

preferred

17%

42%

59%

5%

16% Jtiiy 23
101 % Nov

31/2 May 20
5% Oct
6

& Platinum

44%
*40

1

South Carolina E & G Co coni-_7.50

43%

59%

15

Socony Vacuum Oil Co Inc

44

5%

May 19

13% Mar 14

South Amer Gold

43 %

*71

No par

3,700

43'%

73

Corp___

3%

3%

42%

58V2

Ol

(A

Steel & Iron

33,600

42 %

58%

Co

16%

16

42%

*70%

10

500..

Oil

42

5%
42

*41%

42

*41%

42

16I/2

3%

4

5%

6 '/8

6

*401/4

16%

16i%

3%

3%

4

*40%

36%

Feb

Jun

May

Sep

2,800

*36%

61

14 *

23,300

*24%

Jan

54

15 %
94 %

19 "2

35

38%

22

151/8

931,4

19%

14%
56%

Oct

15%
94

55

Oct

23

15 %
94

19%

Dec

Nov

5%

Mar 15

15%
94%
20

*54

22

8

33

May 20

15 %

94%.

55%

Apr

14

15

15%
96

*19%

Apr

65

15%
95

55

4

15

15%
95

20%

5

39% May

20

15%

55.

6% May 19

July 17

9% Feb

94V2
*19%

34

6% Feb

15%

56

241/4 May 19

41

95 %

20

1

Coalition Mines

15%
20

15

r

Co

95%
*54

Co

Pen

271/2 May 19

Simmons

43%

*42

6

Jun

Oil

Silver King

2,700

Highest
$ ner share

May 19

33% Jan

No par

5,000

35 Va

4

$ per share

75

Corp of America

Sheraton

4%

33i%

4

$ per share

15

G)

A)

Union

Shell

.

No par

(Frank

Sheafter

$ per share

common
No par
pre! series A-_.No par

conv

Shattuek

Year 1946

Lowest

Highest

18

& Dohme

Sharpe

35%

4

35%

43 3

6%

3,700
100

78

13

4%

*42%

77%

15

*12%

7

7

23 %

23

77%

*76

Lowest

EXCHANGE

Shares

$ per share

22%

8

Range for Previous

Range Since January 1

STOCK

YORK

NEW

Sales for
the Week

13

37%

4%
37

$ per share

Friday

78
15 3

RECORD

STOCK

23%

15%

15'/2

15 %

Monday, December 8, 1947

STOCKS

Dec. 4

share

*76

78

*76

per

23%

23%

*12%

30%

t

YORK

CHRONICLE

FINANCIAL

Dec. 5

Thursday

Dec. 3

share

23%

*23%
*76

*12%

SALE PRICES
Wednesday

Dec. 2

S per share
23

HIGH

AND

LOW

&

Highest

$ per share

$ per share

I per share

Highest

S per share

T
*11%

11 "4

11%

11%

4V2

*4 1/2

4%

41/2

4%

18%

18%

xl7%

17%

17%

17%

17%

17%

17

17

16%

17

57%

58

58

58

58%

x56%

57%

56%

57

551/2

56%

21,100

Texas

57s,a

4%

9

10

5
5

(The)

25

3% May 16
13 % May 20
53% Sep 26

Telautograph

11%

4%

11%

Corp

Talcott

800

*11%

4%

*4%

(James)

700

4%

11%

*11

Inc

11%

*111/8
4%

11

4%

2,400

Tennessee

Co

Corp

May 16

11%

Jan

7% Jan

9

6%

Dec

13

Jan

20 % Aug

15

14%

Sep

25%

Jun

52

Feb

68% Aug

14

Feb

17

68% Julv 28
17% July 28

9% Mar

19y»May

18

July

15%

15%

15%

15%

15%

16 %

15%

15%

15%

15%

15 %

15%

4,500

Texas

Gulf

Producing

*56%

57%

56%

5 7'/a

56%

57

56%

56 3

56%

57

56 3

56%

2,700

Texas

Gulf

Sulphur

58'% Nov

21

46%

Sep

60%

42

42 J/8

42%

43

41%

42%

40%

42

41

42

4,000

Texas

Pacific

Oil

No par
10

46% May 27

42

21% Jan

13

45 '/a Nov

24

21

Oct

32%

27%

28

28

27%

28%

27 %

27%

27 %

27%

26%

271/a

14,500

Texas

pacific Land Trust

1

15% Jan 16

29 % Nov

5

14V0

Oct

26% May

*49

49%

*49

49%

49

49

49

49

49

49

48

49

2,200

Texas

&

58% Feb

18

35

Sep

65

*14

14 Va

13%

1,600

*47%

49

42

271%

*14%

15%

14

14

*48

49

*14%

*9%

10
49

*48

*9%

10%

9%

23

23 %

48

15%

10

49

*13%

23 Va

10

*14%

14
48

15%

13%

4

a

13%

13

13%

*47

47:%

47

47

*45%

47

20

*

15

14%

14%

*131/2

15

100

14%

12'%

10

10

10

9%

9%

48

48

48

48

*46%

48 %

80

10

10

9 %

9%

1,800

Third

23%

23

23'/a

x21%

22

2,100

Thomas Steel Co

10%

10'8

*10i/8

10

23 J/8

23%

10%

10'/a

*10%

10 %

10%

10%

47

48'4

47%

48%

47%

47%

47%

48

47

47 %

*93

96

*93

95%

93

93

93

93

92

93

92

92

3%

3%

29 %

29 V2

29'%

21%

21%

21%

22'4

*97%

981/2

9 7 '/2

4

97%

3%
*28

22%

4 Va

23%

3%

23 3

8

4

3%
*26%

29%

28

28

22 %

22%

22%

21%

28

22%

200

21%

22%

11,600

6%

24

24 %

22%

24

22%

22-%

35

35

35

35%

35

35

*32%

32%

32

32'4

321/4

32 %

32 %

15 '/a

151/a

14%

15%

151/2

16

15 %

*7%

Nov

112

71

33%

6%

79,300

5% May 19

7% Feb

7

Oct

12%

101%

60

112% Feb

20

2.300

22 3 s

26,400

35%

600

12%

951/4

98

8%

*7%

95%

400
500

8

Transue

32

15'2

15'/4

15%

12

12%

preferred

$6

No par

Feb

21% Feb

4

16%

Oct

26%

Jun

20

38%

Oct

66%

Jan

1

No par

Corp

108% Feb
53% Oct

common

preferred

Truax-Traer

5

15% May 19

40% May 13

& Williams Steel-—No par

Corp

x95%Dec

5

No par

Axle

Bearing

Tri-Continental

No par

new

99

Dec

5

12 % Dec

5

15% Nov

21% Dec

5

38% Jan

5%
105

Sep

,21% May

114

Jan

Feb
Jan
Mar

37%

Oct

No par

34% Aug 21

48

Jan

6

46%

Nov

preferred—,
No par
Twin City Rap Transif com__No par
5% conv prior preferred
50

95% Dec
5
7% May 13

104

Jun

27

102%

Dec

16

Feb

11

11%

Oct

24

Apr

Nov 20

51% Feb

18

43%

Dec

71%

Apr

1

9% May 19

17'/4 Oct

14

11 y8

Nov

26%

Jan

1
No par

12% July 2
43% May 19

58% Feb

7

49

Sep

80% May

5

9% May 17

15% Jan

25

12

Nov

23%

No par

25% May 19

37% Oct

16

23

Jan

39

May

% Dec

3

Apr

20th Century Fox Film com__No par
$1.50

preferred

$4.50

31%

32%

32

Jan

24

13 3 8

21%
*34%

13%

24 %

*95%

24

99%

6%

99

35 %

8

Apr

17% Nov

Dec

103 %

95%

Jan

24 y8

20

Oct

103 %

8

68

Dec

*103%

102

Jun

13%

Oct

13%

105%

95%

112%

Oct

14

103%

8

Oct

25% Oct

32

18%

6%

8

5%

1

fl

6%

8%

102

3

3

6%

8%

Mar 10

7V4 Feb
39 % Feu

24

6%

8'A

106

201/4 Nov

6%

8%

21% May
69% Jun

15% Jan

6%

97%

Oct

22% .Tan

18

*95%

Oct

May 13

18

95%

18 V*

14%
38%

21

14

18%

95%

May 19

Dec

11

30

24% Oct

10% May 17

18%

98%

18

16

16% Feb
59 Va Jan

13% May 17

18%

*95%

No par
Tide Water Associated Oil com —lo

4

15
19
4
17
19

Sep
May
Doc
May
May

2

18%

13 "2

Co

$3.50 cum preferred

16% Jan

10
38
92
3%
20

5

18%

'14%

100
com__No par

preferred

Thompson-Starrett

25
No par

JTransamerica Corp

18'/a

14

Nov

1

com

Transcont'l & Western Air Inc

18%

15

Jun

700

14%

*14%

Feb

20%

2,300

13%

15 Va

141/a

70

Oct

18%

13%

151/a

141%

Oct

9%

181/4

13%

15%

24 %

Sep

48

5

3,000

14%

15%

*35

10

15

14% Feb

6,100

14

14%

13

60% Feb

15%

501%

141/4

15%

24%

13% Feb

6% Aug 21

(The)

(J R)
Products

Feb

9% May 19

47'/a Nov 28

preferred

Transit

17%

1

50

Corp.-Nopar

common

conv

13%

52

14%

15%

36

30 Vt May

51%

52%

141/4

14

18
Sep
61% July

Sep

Roller

15%

24%

Sep

15

Detroit

13%

*35

Sep

47

13

$3.75

15%

19

*99

13%

13

17% Feb

Timken

15 %

95%

181/2

104

18

59% Feb

Timken

14

104

21% Feb

4

May 19

12% Dec
Dec

670

15%

10(5

5

47

4,500

13%

951/2

19

Jun

May

12

5

18"?'8

18%
51 "2

97

Jun

No par

95 %

19

6%

Jan 13

18%

971/2

19

51%

'6%

4%

41

13

X951/4

97 %

18%
51%

6%

130

1,900

18%

*18

2,400

28.%

51

51%

Thompson
Thompson

3%

18"%

51%

div

Avenue

500

3%

51

*96

%

*26%

3%

*50%

18

Co

xlO

101/2

3%

Thennoid

10

$2%

10% Jan

No par

$2.40 conv preferred

10

1,300

100

Co

Thatcher Glass Mfg Co common

50

9%

1

The Fair

*48

9%

&

Ry

10

10

48

*28

Pacific

10

49%

48

*10%

Coal

31%

410

14%

151/a

3,100

Twin

12

12

1,700

Udylite

prior

Coach

Co

30

6

63% May
79

106%

May
Jan

U
12 %

12 %

12%

12%

12%

12%

I2V4

12%

53

53 %

54

53%

53 %

52%

52%

51%

50

51 "2

2,800

Underwood

12 Va

52 %

12 V0

12%

12%

12

12%

12

12

11%

12

12

1,900

Union Asbestos & Rubber Co

31

11%

31

SI

311/2

31 %

31%

29%

30%

28%

291/4

28%

29 %

18,900

%

Irt

1/2

>7«

%

93,700

*52 Ms

1

104%
*110

104'/2
111 Va

1041%

104%

104%

104%

110

110%

110

110

,

xl01%
110

183

>110

95

*90

95

*93%

95

*93%

95

*93%

*92%

93%

*93

94

92%

93

92%

92'i

23%

23%

23%

23%

24

23 %

23%

151

151

151

*99%

100

100

*34

.35

*34

For

footnotes

see

152'%

152

153

151%

1521%

100

100

100

100

100

35

34

35

-

page




341%
26.

100 %

110

*93 J/4

23%

7

34%

*92

23%
151

99%

*33%

101%
111 %
94

96%
*110

*90

100

8,400

Union

(The)

Corp

Corp

Bag & Paper

'■

Rights
Union

Carbide

&

A Dec

Carbon

No par

4

89 % Jan

15

1

115

$3.70

series

No par

99

Nov

1

106% Sep

Preferred

$3.50

series

No par

91

Nov

13

Apr
Apr

14

Un El Co of Mo

pfd $4.50 ser__No par

93=14

92

92%

150

23

23 %

4,400

Union Oil of California

25

20

148%

151%

3,900

Union Pacif'c RR Co common___100

120

99%

99%

1,300

*33%

34 ''4

1,000

100

24%

4%
Union

non-cum

Tank

preferred

Car:

"

88

Sep

125

111

Jun

115y2

106

Feb

111

Oct

6

96

Dec

107%

Jun

Mar 31

Dec

Preferred

120

104
24 %

Jun

Apr

30

110% July 11

110

94

111%

23%

152%

15% July 23

July 24

20% Nov

29

Jan

May

Feb

15

159

Nov

21

110

Oct

168%

-—100. :

.97%: Nov. 1.4

111

Feb

26

102%

Oct

120% Mar

No par

30

38% Feb

10

May 21

32

Sep

42%

Jan

Volume 166

Number 4653

THE

COMMERCIAL

NEW
LOW

AND

HIGH

Saturday

Monday

Tuesday

Nov. 29

.Dec. 1

SALE

Dec. -3

t

share

22%

per

22 %

106

share

$ per
22 Va

,106

t per

23

23 Va

105%

105%

*105%

22%

the Week

22%
*

106

$ per share
22

22%

22%

104 Va

105 Va

17%

11 Va

17%

17-%

16%

17%

16

16%

15 %

16%

94%

94%

94%

.94%

94%

94 Va

94 Va

90%

94

87%

89

21%

21%

22%

21%

22 Va

21%

21%

21%

21%

21 %

22'A

31

31%

31'A

31%

31%

31%

31%

31%

30 Va

31%

2,300

31%

*30'/a

*30%
*31 %

33

4%

31%

30%

4

4 %

4

4 %

57%

*55

56%

2%

2%

2%

42%

42%

42%

41 Va

2%

2%

2%

42 »A

42%

42%
6

6

6

*

6

6

6 Va

Va

67%

67%

67%

67%

68

68

68

18

18%

18%

18 %

18%

18

18

40

*

30%

2%

2%

42

6

68

18

*39

31%

2 Va

6

5%

5%

67 %

69%

*67 V4

18%

17%

$3

preference

United

60

69%

Dyewood

40

40

38%

38%

38%

38%

38%

38%

700

55%

55 'A

55%

55

55%

54%

55 Va

54

54%

52%

54%

13,900

20 %

20%

20 Va

20 Va

20%

20%

20%

20 %

20%

20%

20%

15%

16 Va

16

16%

15%

16

15%,

16

15%

15%

15'A

15%

10,500

16

16

15%

15%

16

16

15%

15%

15%

15%

14%

15 Va

2,000

United

21

21%

20%

21

20%

20%

4,900

U S & Foreign

95%
16%

95%

95%

*16%

17 Va

*88

20%

20%
93

21

91

91

21'A

94

21'/a

94

*91%

94

94

18

*16%

17%

16%

103 Va

104%

xl03

104

100

103

*177%

180

180

180

104

105

105

105%

183

178

178%

*178

16%
*77 %

38%

16 Va

80

17.8%

179

*179 Va

15%

16

15 Va

79

*77'A

*77'A

79

39%

39

7%

*16%

16

15%

38%

7 %

18

*17%

39%

15%

*15%

15%

*

*77%

77 Va

*77'%

77%

"11 Va

39 %

39%

38%

38%

39%

7%

7%

36

*34%

35 Va

35

35

34

21%

21%

x207/s

21 '/a

21

21'A

20%

*9%

9%

9%

9%

*9%

9%

42%

42%

43 Va

40%

51

49

49

49

49

Va

*29

*95%
43%

42

42

49%

*49

29%

29%

98%

30%

30%

98

*95

44

43%

7%

*9

30%

*95

44'A

7%

43%

*95

44%

128%

44 %

44%

44%

45

44

70

68 Va

69

68 >A

75

7 6 Va

75%

140

137%

138%

18%

18%

18'A

18%

41 V2

41%

41%

41%

*5%

5%

5%

10 %

10 Va

9%

*99

100%

6

6 %

137

100%

*18

*65%

5%
172

*162

16%

16

67

4%

66 '/a

*65%

170

16

41'A

42

68%

69

68 Va

69

75%

74%

75%

73 Va

75 Va

138'A

18%

*40%

41%

41 %

41 %

5%

5%

5%

10%

9%

5%
*36

*5%

5%

5%

6

39%

*17

100

*35%
*17

19%
4%

4%

98%

97 %

*162

170

15%
65 %

*102

15%
66 %

65

*162

170

15 Va

%

15'A
65%

20% Sep 23

24% Jan

6

18%

Oct

63% Aug
30% Apr

12% May 17

19% Feb

17

12%

Oct

22

12

19% Feb

21

9%

Sep

Jan

16

15% May 19
91
Dec
1
12% May 19
86
May 19
Nov

6

14% Sep

11

178

23% Oct 20

15%

Aug
15% July

Oct

32% May

Jan

28

101

Nov

109% July

20% Oct

18

13

Nov

107% Feb

11

93

Sep

132

Deo

*205

106

196% Mar 29

187%

29%

Feb

May

Sep

33% Jan

6

26

Feb

47%

Feb

15

90

Sep

98% Aug

53 % Feb

13

37% Nov

9% Oct

22

39% Nov

5

38

Dec

5

l

16% Jan

22

24% Oct

24

10

9% Jan

7

10

Apr

6%

Apr

62

May

137/a

Jan

25

Sep
Sep

44

Jan

13%

Jan

25%

Aug

9

Dec

11 Va

July

10

46% Oct

20

35

Nov

60'A May

73

Feb

19

59

Sep

84

Apr

Plywood Corp

39

Jan

2

36%

Deo

39%

Dec

S

S

pfd

cum

Rubber

Co

100

common-,

1st

non-cum

10

preferred

Steel

100

United Wall

200

6,900
320

4%%>

28

8

xl7% Nov

26

23

25

40% Nov

Corp

Oct

48% Nov

80

Apr

187

Feb

144

Nov

40%

84%

Feb

Sep

89

Feb

Oct

97%

Feb

Oct

X72
65 Va

142

Dec

19

20%

Nov

29'A

Jan

3

48% Feb

21

47

NOV

55 Va

Jun

8% Oct

10

Sep

9%

Jan

20%

Apr

Jan

13

8

Jan

13

12 % Feb

21

7%

Oct

99

Dec

5

109 % Jun

18

100%

Nov

2

Si's Dec

5

10% Jan

30

7

50

38% Nov

28

17

41

Sep
Sep

common

1

16

1

4% May 20
79% May 17

par
100

Co

Inc

165

1

15

com

preferred

100

Feb

166

Feb

5

l

preferred

Pictures

106

No par

Paper Inc

conv

Mar 27

Sep

100

2d pfd__5

non-c

preferred

Universal

Feb

79% Feb

__No par

preferred

11

51% July 28
81

150

Universal Laboratories Inc
Universal Leaf Tobacco com__No
8%

137

Feb

165

2

Universal-Cvclops Steel Corp

160

5

103% July 24
60% .Feb ,11

Dec

preferred

cum

40% Dec

61% May 19

50

com

common

Stockyards

conv

5

50

Corp

non-cum

$6

Dec

127% Dec
5
38 % May 17
68
May 19

100

Preferred

7%

95

No par

Smelting Ref & Min

S

2

23% May 19

common

series A

U S Tobacco Co

2,600

65%

65%

Oct

Dec

4%

15%

41 Va

5% May 19
25% Jan
3

Preferred

169

15

Jan

59% July 25

May 19

U

5,900

4 Va

Feb

66

49

100

17%

Aug

21%

Deo

35

United Stores $4.20

96

105%

Nov

34%

10

United

4 V2
96

Deo

20

U S

38

17

4%

Sep
Jan

56% July
16% Aug

2

43 % Jan

94

z

8%

Apr

7%

Oct

71 % Mar

May

17%

12%

Aug 26

No par

40

,89

Oct

44

Jan

14.

No par

A__

preferred

3,700

5%

2

Deo

3%

10

Jan

19% Oct

77

common

2,800

5 %

98

Co

10% Feb
95

No par

common

class

99

*35

19

4%
9L%

66

G

39 Va

Co

conv

10

99

5
100

Oct

78

Jan

Pipe ifc Foundry

8%

570

5 Va

S

U

4,100

41%

Leather

3%%

3,000

18 %

Corp

Jan

64%

Playing Card Coj._

900

137%

Machine

20

100

37%
119

Oct

6%

31

53% Mar 27

.

23%

8

10

Det)

19% Nov

U

4,000

18%

No par

-

24

Jan

4 % Jan

5

Nov

101

U S

29,600

18 %

16'A

65 Va

U

"600

68 V2

138

S

4% 59

10,300

137%

98%

*162

16 %

42 Va

127 Va

40 Va

127 Va

No par

—Nopar

preferred

U S Lines

7,500

18%

5

98%

43%

Securities

S Industrial Chemicals-

20

43%

41%

19 Va

99

95

137%

6 Va

19 >4

29%

95

128

*99

*17

28 'A

42

100 %

5%

30%

Hoffman

Partic &

300

41 Va

*99

19%

172

42%
*127

1001 a

*99

49

*48%

97 Va

10

*17

16%

2,200

41

49

18'A

40

*162

41%

10'8

*36

5%

41 Va

10

6 Va

*98%

400

10%

40

5 Va

6,500

9%

10'A

*36

99

20 Va

9 %

5%

41

*5 %

19%

9%

137%

41 %

*36 %

99

20%

5%

10

6 Va

75 Va

18%

41%

68 %

U

800

*95

•43 Va

*

1,700

29%

97 %

43

138

18 Va

5%

*99

128%

7%
33%

41'A

128%

76 Va

74 %

128 Va

3,100

IVa
33%

*48

31

S

4% %

.

7%

9%

42 %

68 Va

74%

*68%
*139

129

U

1,500

35 Va

7%
*34

21

128 Va

44%

129

15%
39 Va

U

7%

34%

%

30%

98

128 %

Va

1

U S Gypsum Co common
lr/o 'preferred

77 Va

38

par

10

preferred
Freignt Co

S

83

5

5% Dec

5

com

Paperboard

'$4.50
U

9%

49

*41 %

7%

15 Va

100
500

Dec

Highest
t per share

20

8% Feb

2% May 19
41

16 Va

5

Oct

t per share

1

33 % Nov

66% Nov 25

r

19%

42

*35

United Merch & Mfrs Inc

2

34

4

11% May 20
33
May 17
44% Jan 14

-United Gas Improvement Co___13%

50

17%
102%

Dec

5

3

55

Sep

120% Apr
24% Nov

26% Jan 15
Dec

14

28 % Apr

9

4

Oct

110

10

1

Engineering & Foundry
United. Fruit Co_-A——No

13,400

181

17%
102%

18% Sep
28% Jun

5

^United

-3,600

25

5

—100

40%

20%

Corp.-

Preferred

55%

.

87% Dec

5

United Electric Coal Cos

1,200

40

*20%

10

Cig-Whelan Stores com—30c
$3.50 convertible preferred
100
United Corp common
1

700

18

10G

common

United

4,300

18%

Inc

United-Carr Fastener Corp___No par

46,100

41%

41

Lines

Year 1940

Lowest

$ per share

16% May 19
103 % Jan 15
15% Dec
5

5

par

410

4

Air

$ per share

4%%
cumulative preferred
100
United Biscuit Co—
No par
United Carbon Co
_No

16,800

55

United

200

4%
59%

4%
59%

6

600

35,300

*57%
2%

4'A
*57%

43

*5%

33

4 %

59%

2%

43

*31%

4%

59

2%

33

*31 Va

*57%

4%

57 %

106

Range Since January 1
Highest

Lowest

United Aircraft Corp common
5% convertible preferred

2,100

31

21%

105 Va

Range for Previous

STOCK

Par

3,200

17

YORK

EXCHANGE

14,800

16%

*

NEW

Shares

94%

,

(2329)

RECORD

Sales for

Dec. 5

$ per share

23%

*105%

Friday

'Dec. 4

$ per share

106

STOCK

CHRONICLE

STOCKS

Thursday

Dec. 8

23%

FINANCIAL

PRICES

Wednesday

share

YORK

&

May 17

May 20

52

Feb

22

Feb

7

11% Feb

4%

18%

Jan

.128

11% July
54

July
27 % Feb

Dec

10

8

Dec

102 Va

Sep

8

91

Nov

110%

Jan

192

Mar

7

187

May

200 %

Apr

25

Nov

497/a

Jan

77%

Deo

Dec

5

29% Feb

3

65% Nov

17

81 Va Feb

13

22

Apr

101

Apr

V
15%

15 "a

15 %

*15%

16 %

*15%

lev's

*15%

16%

16

16

*35

35%

*35

35 %

34 Va

35

34

34

15 'A

15

15

15

15

15
16

15

13%

16

14%

16

Vanadium

1,300

14%

14%

14 Va

14%

3,100

27 Va

27'A

27

27'A

2,300

14%

14%

15

14%

14%

*27 Va

28 %

28

28 Va

*27%

28

27

27 Va

*82

87

*82

87

*82

87

*82 %

87

*82 %

87

*62%

87

*85

90

*85

90

*85

90

*85

90

*85

90

*85

*95%
8%
*104
14

48114

*98

97
9

14%

*122

36

31%

14'A

14 %

*115 %

116%

*122

130

*35 %

36 V4

32

35%

32'a

961

14
*

33

95%
8%

9

*103%

104

14%

127

127

33

33 %

*97

a

14

116 V a

35%

48

98

9

115 %

36'A

49

98

105 %

8%
104 Va

130

*122

31%

*95 Va

9 %

114%

49

100

105 Va

104 Va

14 %

114%

49%

*98

96%

9
*

*49

100

*95 Va

9 %

105 Va

14

130

*35

49%

*98

96 %

9
105 Va

115

48'a

100

*95 %

107

115

50

*48%

100

33%

14

49

700
10

97

9

"4

14%

116%

125

130

116

*125

10

9 Va

4,200

105

600

14%

12,300

116%

540

128

10

35%

35%

35%

35%

1,100

33

33%

32%

33 Va

1,800

35

*34

35

x34%

34%

34%

34%

34%

33

33

*32

33

*31%

32 %

*31 %

32%

*31%

32 Va

*31%

33

*31%

33

*31%

33

*31%

32%
33'

*31 Va

33

*31%

32

*31%

35

35

*34%

LOW

Monday

Saturday

Dec.

Nov. 29

S

per

share

$

per

35

AND

HIGH

Tuesday

1

Dec.

share

S

per

SALE

$

per

Friday

Apr

20% Jan

2

15%

Sep

26 V8

Feb

6

30

Oct

51%

94% Feb

20

83%

Oct

113

Jan

13

91 Va

Nov

115

Feb

50% Nov

22

53

May

3

84

Nov

25

preferred

Victor Chemical Works

3% %

cumulative

lOo
5

common

preferred

100

85V4 Nov 19
35% May 19
97

Oct

17

3%% preferred 2nd series
100
Va-Carolina Chemical com
Nopar
6% div partic preferred
100

69

May 19

Virginia Elec &

14

Nov

$5
Va

Pwr

Co

com__No par

preferred

Iron

Coal

100

6%

95% Nov 28

5% May 19
29

114% Dec

39

94

7

104% May 14

97% Oct
10% Nov

36 %
100

Dec. 5

$ per share

$ per share

108 7/a Aug

21
19

5%

Dec

12%

Nov

19

63%

Sep

99% July

16% Oct

23

112

,117%

Jan

1

121

Feb

5

Dec

123%

pfd—100

85

Aug 25

127

Nov

21

80

Jan

105

Apr

25

35

Nov

28

45

Feb

21

40

Dec

53

July

25

31% Nov

28

Sep

Visking Corp (The) class A
Vulcan Detinning Co common
7%
cumulative preferred

NEW

Apr

common

preferred

the Week

Sep
Dec

Jun

May

Coke 5%

&

Virginian Ry Co

Sales for

Dec. 4

share

Apr

58%

41

40

Jan

17

37

Oct

10

38

Feb

17

32% Nov

20

31% Oct

21

33% Nov

20

30

Aug 21

33% Oct

YORK

Apr

21

31

5

31

STOCKS

Thursday

Dec.

share

10

25%

Dec

2.50
Vicks Shreve & Pacific Ry com__100

PRICES

Wednesday

i

900

Feb

Oct
Nov

27

2.50

Inc

5% ,.non-cum

100

*95%
102%

116%
*

35%

95%

V4

39

15 Ve

35

12% May 19

90

*98

17% NOV

15

Vick Chemical Co

;

Co

Co

Feb

13

Vertientes-Cajnaguey Sugar Co—6%

Raalte

14%

Feb

22

Norman

Van

14%

18% Feb

IS1/* May 17
14% May 21
30 % May 17

Van

700

*33 Va

America__No par
10

400

34%

14%

*47%

Corp of

16

34

*33%

45%

Jan

52

Apr

Range for Previous

STOCK

Range Since January 1

EXCHANGE

Year 1946

Lowest

Shares

Par

Highest

$ per share

$ per share

Lowest
$ per share

Highest
S per share

W
*63%
*

15

*31%
*102

20%.

65

*63 %

65

15%

15

1514
32 %

31%.

104

104

20%>

64

31 %

*104

21'A

10

10 %

10

11%

11%

21%

10 %

*11%

11%

*91

92

*91

15%

31%

104

20%

64

15%

%

31 %•

104%
21%

64%

31%
103

92

20%

10 %

10

11 %

12

11%

*91

92

*63%
15%

15'A

32%

32

32

104

10%
*

64%
15%

*15

102

21

92

92

9%
11

*64%
15

*31%

102

20%

10%
11%

65

%

*91

*101%

20%

20%

10%

10

12%

12

92

*90%

13%

13%

13%

13%

13%

13%

33

33

32%

32%

33

33

49

50%

48 Va

50%

50

50%

49%

50%

49%

49 %

48

126%

124'-a

125%

*123%

124 %

120

21%

21%

123

*21%
19 Va

126

121

22

126 %

21%
19 V

39%

4

125%

21 %

21 %

19 %

*19%

*21%

22

*21%

22%

*33 Va

34

33 %

33 Va

6

6

5%

22

*32 %
*

5%

5 %

21%

65

200

Wabash

RR

15%

600

Waldorf

System

32 Va

800

Walgreen

102

70

20%

12%

12%

12

*30%

31%

30 %

31

21

Ward

25

5%%
Warner

7,000

Warren

120

1.060

3%%

21

1,100

*110%

19%

19%

19'A

19

19 %

900

Washington Gas Light
Waukesha Motor Co

22

21%

21%

21

21%

500

Wayne

32 "2

400

6

5%

5 7

a

5%

33

*31 %

5 %

5%

5%

Knitting

47

47%

47 Va

85%

85

85'A

85

85

26 %

26 %

26%

25%

26%

8,600

West

110%

Indies

*110%

Penn

*110%

110%

115

*114

108 Va

*112

113

110 %

115

*107%

44 Va

112

112%

44 Va

106

107

*104

112

44

44 Va

115

*107%
44

106

6%
41%

7%

110%

*111

111%

40

West

114 3

-i

114%

114 %

115

113

113%

80

1%

108'A

108 Va

108'A

108%

108 Va

108 VA

100

113

113

113

113 "A

113'A

*113 Va

114%

280

44

44

44

4414

44'A

43 Va

43 %

2,300

106 Va

110

107 Va

IVa

41%

7%

42'A

*105

6%
42

107%
7

42%

106

106

6%

7

41%

*106

42

Sugar

18% Feb

7

16%

Oct

23%

36% Nov

21

22

Nov

50

Jan

5

31

Jan

13

51

Nov

24

18 V2

Jan

39

Dec

99

Sep

9

126% Nov

25

21

Dec

5

100
No par

17% May 20
20

A—No par

6%
preferred—
100
West Penn Power 4 % % pfd!_
100
West Va Pulp & Paper com__No
par
4% % preferred
—100

Western Air Lines Inc
Western

15,200

Western

30

30

3,000

261/4

1,000

7%

7%

7%

8

7%

31

3.0%

31%

30%

31

27%

28

30%

30%

27%

27%

26%

27%

27

27

71

72 Va

71

71

71

71

70

70

65

65

20%

21

20%

20%

20%

20%

20 %

19%

20%

34%

20%

34%

34'A

O

5

100

2,000

*25%

21

Dec

May 14

1

class

4,600

2

500

4%

com

Nopar

34%

33%

34Va

33 Va

34%

11,800
7,300

28 Va

28%

27%

28 Va

21

27

17,700

90%

89%

89'/a

Westinghouse Electric com

99%

99%

98%

99 Va

98%

99

*31%

32 Va

31 'A

31'A

fiOVa

32

98V4

*30%

37%

38%

37%

38

37%

38'A

88

88%

87

88

86%

88

650

75

75

75

160

101 Va

44%

45%

94%

94 Va
28

"21

22%

23

*73Va
*100
-45 %

x45%

46%

44%

*92 Va

95

93

94

27

27

27%

23%

22%

23

23

23

23%

*31 Va

--9%




*100%

1

27%

32

page 26.

101%

95%

*91

9%

*100 %

27 %

12%

see

*73%

•46 Va

927/a

-

footnotes

75
101 %

94

12

For

*73%
*100 Va

*27

*91

*30%

75
101 %

12%

*9%

12%

12

92%

*91

32%
TO

12

92%

11%
*91

45%

43.%

32%

31%

31%

9%

10'A

-10

lOVa

27%

22%
11%
*91
,.

6,000

93

*27 '

11%

10

43%

*92%

1

92%

*31%

101%.

200
-

200

22%

2,600

11%

1,800

92%
31%

200

10%

10%

1,300

conv

Apr

43 %
45

July
Aug
Apr

108

119

Aug

115

Jan

122%

Feb

112% Jan 14
116% Aug 19
47
Oct 14

106

Sep

117%

Aug

113%

Oct

32%

113

Nov

Jan

27

111%

Sep

116%

7%

Dec

35

Jan

90 % May
13 Va Jan

57

5%

18

27

Sep
Sep
Sep

Mar 29

71

Oct

Nov 25

3

42% Feb

Dec

5

90

17

May 19

26% Sep 17
38 % Oct 22
30% July 28

14

18 Va

53%

Jan

Oct

41%

Jun

39%

Jan

95

Dec

Nov

13

12.50

30

Nov

17

106% July 21
.55
Jan 24

39

May

May 14
86%Dec
5

38% Dec
3
102% July 18

—100

preferred-

Prior preferred
Wilcox Oil Go_
;

Nopar
20

5

99

May

31

May 19

93

Dec

2
4

26% May 19
19% May 19
9% May 19
84

July 31
29% May 13
5% May 17

Apr

Oct

98

preferred—:

Jan

Jun

Nov

—100

26

32%

56%
101

26%

pfd series. B
Instrument

62% Mar 27

Apr
Jan

21 Va

Dec

No par

89 Va

119% May
53 % Jun

8% Nov 22
32

29

91

Wheeling Steel Corp com.—Nopar
$5 cony prior pref——No
par
White .Dental Mfg tThe SSJ
20
White Motor Co———
1
White Sewing Machine com—.
1
$4

*30%

conv

16%

Sep
Sep
Sep
Sep

Aug 20

—

Feb

Sep

105

-Nopar
Wheeling & i Erie Ry com—100
5%%

Jan

29

Westvaco Chlorine ProdCommon
$3.75 preferred

38%
88%

Elec

47%

9%

65

22 % May 19

Sep

31 %

26%.Dec

27% May 19

Sep

31

88% Nov

2,300

37
88

cum

12 %

May 16

29%

__100

Weston

37

1

35 % Mar

34%

Oct

A_

4,200

88%

■>100

series

1,800

37

75

pfd

98%

88%
*73 %

cum

31

3.80%

Dec

Dec

Sep

20%

85 Va

6

90 Va

31%

32% May 19
1C6

25%
20

4

75% Jan

28%

3.1%

9

9% May 17

90'/a

3% %

111% Oct

6

4

28%

210

May

Aug

21

14

105

Sep

Feb

90

38% May 19

90 Va

89%

7

100

52% Nov

10

_

*88%

12% Jan

34% Jan
2
117 % Mar 11

100

28%
*—♦ O O

4

121 % Jan

26

100

pfd

•90%

100%

Feb

41

8

4

28%

.

18

112% Nov

2nd

RR

22

83% May 22
21% May 19
110 % Jan
3

Supply Co
Maryland Ry com

Western Pacific

Jan

23% Feb
26% Feb

10 Vo Jan

89

34'A

30% May 23

27

7

5% May 19

Preferred series A
100
Western Union Teleg class A_No
par
Westinghouse Air BrakeNo par

33%

Sep 30

106% Mar

1

Auto

non-cum

18% July
107% Feb

Nov

5

Corp

6%

xll7/a Mar

12

92

5

preferred

41%

30 y2
4

Co

Inc

Electric

13

21

1

41

6%

Jun

Nopar

110%

7

42

330

115

*104

6%

48

108 Va

111 Va

Oct

20 Vo

16

48 %

26%

Mar

29%

Oct

37% Jan

47%
85

26 %

111

Nov

Wesson Oil & Snowdr com__.No
par
$4 conv preferred—

49 %

85%

Apr

105

9%

2,500

48%

26 Via

Apr

July 17

23 Va

5

85 Vu

Jun

109

7

5% Dec

49'A

Feb

23%
54

3

5

26

110%

com

Mills

Tobacco

86

86

Oct

Dec

13% Feb
/19% Feb

Webster

25 Va

Sep

15%
33 Va

24% Jan

2,300

86

108 V4

18

65

11

5

Wayne Pump Co

*32

Nov

18
25

36% Feb

No par

preferred

19%

49

*114

conv

22

32%

102

75% Feb

17% Jan

7% May 19
11
May 21

—100

19%

32%

16

xl7% May 14

1

Pictures.

22

33 %

Apr

13% Apr 21
29% Apr 30

Nopar

& Pipe
Petroleum Corp
cum

57

Nopar

preferred
Bros

48%

*107 %

& W

common

Warren Foundry

86

%

Q

Co

25

48 %

*85 %

Nopar
—100

(Hiram)

1.000

49%

100
Nopar

Baking Co

18,500

12%

31%

21%

Walker

Walworth

60

13%

preferred

common

preferred

5.400

4,100

92

30%

Co

4,400

10*%
12%

Xl2%

% Va

4%

4%%

63% Jun

88

Nov

75

Oct 27

63

Aug

72

Jan

103

Feb 13

100

Oct

106

Jan

53% Oct 21
101% Mar 31

36% Nov
90% Nov

107%

Jan

62 Va May

107'A July

Feb

7

27 %

Feb

44

29% Feb

8

21% Nov

44

17% Feb

1

11% Nov

23% July

34

Feb
3
.Feb 13
10% Nov 19

90
.34

81 Va

Sep
30
Nov
5% Oct

105

36
12 Va

May
Jan

July'
May
Jon

25.

26

&

COMMERCIAL

THE

(2330)

FINANCIAL

CHRONICLE

Monday, December 8, 1947

NEW YORK STOCK RECORD
HIGH

AND

LOW

Saturday
$

Monday
.Dec. I

Dec. 2

per

$

share

per

$

share

per

STOCKS
Sales for

Dec. 5

the Week

Dec. 4

Dec. 3

8%

8%

8%

8%

8%

8%

58

58 %

*57%

58 %

58%

58%

56%

56%

56

56%

:

14%

14%

14%

14%

14%

14%

14%

14%

14

14%

4,900

90%

20%

*90%

18

*17%

8%

8%

8%

8%

Wilson & Co lnc
$4.25

400

92

v

preferred

*20%

91

90%

90%

90%

90%

18

*17%

18%

18

18

*17%

17%

*17%

16%

16

16

16%

16%

16%

16%

16%

16

16%

4,600

16

16

16

16%

16%

16%

16%

15%

16%

9,800

144

*137

144

137

33

33

33%

33%

35

33%

34%

4,800

Woodward

Iron

45%

44%

45%

45%

46

45%

35%

7,500

Woolworth

(F W)

:57%

57%

56%

57

2,100

Worthington P & M

16

15%

15%

16%

*137

144

*32%

*137

44%
58

58

44%

45%

45

44%

32%

32%

32 %

32%

*137

144

59

Pwr

El

6%

dist"

23

12 y8

Jan

95%

Nov

19

15 %

Oct

19

Nov

15% Nov

25

18% Nov

21

Oct

17

142

Mar

160

Jun

32

Nov

14

35

Dec

4

34

Feb

52

43

May 19

53

Feb

1

43%

62 ya

May
May

68% Feb

13

135

(Del)

47

76

Dec

5

Apr

3

84 Va

Sep

100

Apr

84

Jun

9

100

Feb

20

Sep

103

May

57

Oct

29

80

Feb

8

Dec

106

Nov

28

70% Mar

6

87%
75%
59%

Oct

82% Apr

10

13%

Dee

25%

48% May 19

No par

61

*57%

78

x77

77

*75

77

76

76

100

Prior

*85

86

S'3

86

83

86

130

Prior pfd

*67

69

68

68

*65

69

*65

69

65

67%

62

62

62%

63

63

64%

2,200

Wrigley

(Win) Jr fDel)

No par

62

9%

,1,700

Wyandotte Worsted Co

5

8

9%

9%

36

.

*42

42%

53

63%

64%

9%

*9%

9%

36%

36%

8%

36

1,400

Yale

12

12 %

12

12

11%

12

11%

12

2,800

49

49

41%

41%

41%

41%

41%

41%

1,000

20 y2

20

20 %

*19%

20%

19%

19%

900

36

36

*20%

20%

35%

36

35%

3,600

Zenith

Radio

No par

14% May 19

19%

Dec

42%

Jan

•1,800

Zonite

Products

Sep

14%

Apr

18%

18%

19

19

19%

18%

19

187

19

19%

6%

6%

6 %

6%

6

n New stock,

r Cash sale,

Saturday

386,790

Monday

797 940

Tuesday

894,000
927,970
970,890
1,292,270
5,269,860

$24,181,000

Total

united States

Government

4,126,000

5,836,000

Bonds

Bonds

Sal*>

344,000

5

381,000

6.357,000

643,000

Jan. 1

Week Ended Dec. 5

94.900

181,765

256,500

182,000

30,000

212 000

327,G05

370,000

21,000

391,000

1,275,695

$1,410,000

$103,000

86i,599,'»ud

l,lo*,«,*.i>,t>uO

$24,417,050

$959,759,920

$1,258,948,650

Bond Record

$9,000

$1,522,000

ass oro

1946

1,672,020

66,727,522

129,429,434

$1,410,000

$844,000

$75 447,000

$64,025,000

103,000

178,000

7,216.000

10.967.000

9,000

3,000

537,000

479,000

$1,522,000

Domestic

**

to Dec. 5

Jan. 1
1947

1946

1,275,695

$1,025,000

$83,200,000

$75,471,000

Bonds

75,748,000

22,202,800

«!•>

'

Foreign government
Foreign corporate
Total.

'

New York-Stock Exchange

«»
FRIDAY

WEEKLY

■

-

YEARLY

Cash and deferred delivery sales are disregarded in the week's range, unless they are the only transactions of
week, and when outside of the regular weekly range are shown in a footnote in the week In which they occur.
No account is taken of such sales in computing the range for the year.
The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
<"
NOTICE—-Prices

the

393,000

1947

$18,875,150

$3,121 000

71,574,520

24,181,000

Total

258 000

22,000

Week Ended Dec. 5

$73,650

Railroad & Industrial

23,000

281,000

1946

2,140*600

892,000

—

_

268 000

2,000

235,000

339.134,830

230,901,692

$27,548,000

Foreign

3,000

263,000

182,305

Stocks—No. of shares.

$10,000
2,465,000

International Bank

$90,000

$6 000

232.570

Thursday
Friday

Bonds
D. S. Government

$79,000

Total

Corporate

$5,000

to Dec. 5

1947

1946

Foreign

Government

Domestic

$27,548,000

$10,000

$2,465,000

5,728,090

Exchange

Bonds (Par Value)

Shares)

Saturday
MondayTuesday
Wednesday

5,163,500

9,000

367,500

5.269,860

9

Foreign

«/
Week Ended Dec. 5,1947

Total

Stock;i—No. of shares

7
31

Stocks

4.390,500
4,537 000

$1,000

363 000

1947

July

(Number

$1,457,000

929 500

$892,000

25

10% Jan

5

wd When distributed, x Ex-dividends, y Ex-rights.

Bond

$68 000
67,000
163,000
454,000
140,000

4,624,000

s Special sales,

5% Jun

l

Total

Bank

$80,000

4,826,000

Wednesday
Thursday
Friday

Int'l

Foreign
Bonds

$1,377,000
3,392.000

Corp

May 17

23

Daily, Weekly and Yearly

Daily, Weekly and Yearly
Shares

Corp

23% Oct

Transactions at the New York Curb

Transactions ai the New York Stock Exchange

W<eelc Ended Dec. 5, 1947

Jan
Jan

6%

Bonds

35%
31

18%

Railroad
and Miscel.

Oct

83% May

11,600

16%

Stocks,

Jan

15%

Sep

74%

16 %

Number of

27%

Nov

72

16%

delivery,

61% July

Nov

57%

75%

16%

a Deterred

Oct

13 %

If

74%

17

fin receivership,

33

20

75%

16%

sales on this day.

11

50% Mar 31

May 19

21

75

17

no

45

33% Aug 28

Oct

76%

16%

and asked prices;

16% Feb

41

83

76

16%

x5%

3

10'/a May 19

50

21% Feb

76

16%

6 %

Jan

_l

15

75

16%

19 %

25
;

No par

74%

iey2

6

Co

Feb

Jun

Youngstown Steel Door

74%

6 %

Mfg

Corp common..
4%%
cum
preferred

Aug

1,800

*20

6%

Towne

18% Feb

May 17

74

14% May 19
53% May 17

20%

6%

&

94 %

Young Spring & Wire
No par.
Youngstown Sheet & Tube—No par

20%

♦Bid

pfd 4%% series
100
4'%% conv series—100
Aeronautical
No par

York

42%

*i2y8

12 %

63%

9%

12%

36

36

36

*12'/a

63%

9%

9%

9%

145 y2 May 19

Sep
Sep

86

9%

Feb

10

78

62%

21%

10

100
(new)

Co

85%

6)

Jan

21

79%

62%

July

28

20

85 %

*67

101

99

*83%

Wright

July

1

*78

40

21

4

79%

"

26%

27

85%

60

Nov "

Jun

*83

597^1

9

Sep
Sep

*78

59

11

15% Dec

10

preferred
Co

Oct

.$ per share

24

17

90 % Dec

Co "Reg Way"_lo

"when

Common

144

*137

144

Co

Wisconsin

64% Oct

16

10

Wilson-Jones

300

18

Highest

J per share

13% Feb

51% Sep 10
10% May 19

No par

93

16%

$ per share

Lowest

6% May 17

No par

com

Highest

$ per share

Par

_

13

*90%

Year 1946

Lowest

Willys-Overland Motors com
1
$4.50 conv pfd series A
No par

700

14%

14%

Range for Previous
Range Since January 1

STOCK

YORK

EXCHANGE

9,500

8%

59,%

8%
*58

NEW

Shares

$ per share

$ per share

$ per share

share

Friday

Thursday

Wednesday

Tuesday

Nov. 5if)

FRICES

SALE

are

"and

interest"—except for income and defaulted bonds.

"

js*

LOW

HIGH

AND

Saturday

Monday
Dec. 1

Dec. 2

High

SALE

Low

*104.3

104.5

*104.3

104.5
106.17

point.

Low

High

Low

104.5

*104.3

104.5

*104.2

104.4

*106.15

106.17

*106.15

106.17

*106.14

106.16

*

Low

NEW

Bonds ($)

High

YORK

*106.16

106.18

*106.16

106.18

*109.9

109.11

*109.9

103.11

*109.9

109.11

*109.9

109.11

*109.9

109.11

109.9

109.11

Treasury
Treasury
Treasury

100.19

*100.17

100.19

*100.17

100.19

*100.16

100.18

*100.16

100.18

Treasury 2%s
Treasury 2%s

3%s

1951-1955
1955-1960

101.8 July 24
106.13 July 24

1948-1951
1951-1954
1956-1959

*100.17

100.19

*100.17

*105.9

105.11

*105.7

105.9

*105.7

105.9

*105.6

105.8

*105.6

105.8

*105.5

105.7

*109.22

109.24

*109.21

109.23

*109.21

109.23

*109.21

109.23

*109.21

109.23

*109.21

109.23

*110.22

110.24

*110.21

110.23

*110.21

110.23

*110.21

110.23

*110.21

110.23

*110.21

110.23

Treasury 2%s

1958-1963

*111.30

112

*111.28

111.30

*111.28

111.30

*111.28

111.30

*111.28

111.30

*111.28

111.30

101.10

*101.8

101.10

*101.8

101.10

*101.8

101.10

*101.8

101.10

*101.7

101.9

*102.28

102.30

*102.26

102.28

*102.25

102.27

*102.25

102.27

*102.25

102.27

*102.25

102.27

Treasury 2%s
Treasury 2%s
Treasury 2%s

1960-1965

*101.8

*103.24

103.26

*103.22

103.24

*103.21

103.23

*103.21

103.23

*103.21

103.23

*103.20

103.22

Treasury

2%s

1950-1952

*103.24

103.26

*103.23

103.25

*103.23

103.25

*103.23

103.25

*103.22

103.24

*103.23

103.25

*105.1

105.3

*105.2

105.4

*105.1

105.3

*105

105.2

*105

105.2

*105

105.2

Treasury
Treasury

2%s
2%s

1952-1954
—1956-1958

*102.20

102.22

*102.20

102.22

*102.20

102.22

*102.20

102.22

*102.20

102.22

*102.20

102.22

Treasury

1962-1967

*102.6

102.8

*102.6

102.8

*102.5

102.7

*102.5

102.7

*102.5

102.7

*102.6

102.8

*101.27

101.29

*101.27

101.29

*101.27

101.29

*101.27

101.29

*101.27

101.29

*101.28

101.30

2%s
Treasury 2%s
Treasury 2%s

*101.£6

101.28

*101.25

101.27

*101.25

101.27

*101.25

101.27

*101.25

101.27

*101.26

101.28

Treasury

2%s

*101.25

101.27

*101.24

101.26

*101.24

101.26

*101.24

101.26

*101.24

101.26

*101.24

121.26

Treasury

2%s

_

107.19 Apr

Jan
Jan

107.10 Apr

103.20 Apr 9
105:17 Jun 2
103.19 Apr 10

101.16

Jan

106.15

106.28

Apr
Jan'

106.16

101.25

Treasury

2%S

Treasury 2%s

June 1967-1972

*103.7

103.9

*103.6

103.8

*103.6

103.8

*103.6

103.8

*103.6

103.8

*103:7

103.9

Treasury 2%s

Sept. 1967-1972

*100.31

101.1

*100.31

101.1

*101

101.2

*101

101.2

*101

101.2

*ior

101:2

102.3 Nov
7
102.12 Oct 14
105.17 Jun
2.

1966-1971

101.2

*104.1

104.3

104.3

*104

104.2

*104

104.2

*104

104.2

*103.31

104.1

*102.24

102.26

*102.23

102.25

*102.23

102.25

? 102.23

102.25

*102.23

102.25

*102.23

102.25

Treasury 2%sTreasury 2%s
Treasury 2%s

105.22

*105.20

105.22

*105.20

105.22

*105.20

105.22

*105.20

105.22

*105.20

105.22

Treasury

*103.12

103.14

Treasury

100.18

Treasury 2%s

*100.14

100.16

*100.14

100.16

*100.16

100.18

100.16

100.16

*100.15

100.18

*100 15

100.18

100.10

*100.8

100.10

;*101.3

101.5

*101.3

101.5

*101 2

101.4

101.7

*101.6

101.8

*101 6

101.8

*100.8

100.10

*100.8

100.10

*100.8

*101.4

101.6

*101.3

101.5

*101.3-

101.5-

*101.5

101.7

*101.5

101.7

*101.6

101.8

*101.5'

,*100.8

100.10

*100 8

9.000

*101.8

101.10

*101.8

101.10

*101.8

101.10

101.9

*101.10

101.12

*101.10

101.12

*101.11

101.13

*101; 10

101.12

*101.11

101.13

*101 11

101.14

*101.12

101.14

*101.13

101.15

*101.13

101.15

*101.13

101.15

*101 13

101.15

Il01.16

101.18

*101.16

101.18

*101.16

101.18

*101.17

101.19

*101.17

101.19

*101.17

*101.20

101.22

101.20

101.20

*101.20 101.22

*101.20

101.22

*101.20

*101.25

101.27

*101.25

101.27

*101.25

101.27

*101.25

Treasury

101.19

*101.7

->

lot

10

101.22

*

101 8

Treasury 2%s
2s

Dec.

101.10

June
Sept.
Dec.
March

Treasury 2s

,

Treasury 2s

*101.20

101.22

Treasury

2s

101.27

Treasury

2s

1,000

*101.26

101.28

101.27

*101.25

*101.24

101.26

*101.24

101:26

*101.24

101.26

*101.24

101.26

*101.24

101.26

*101.24

101.26

101.29

*101.27

101.29

*101.27

101.29

*101.27 101.29

*101.27

101.29

*101.27

101.29

Treasury 2s

1949-1951

*103.24

103.26

*103.24

103.26

*103.24

103.26

*103.24

103.26

*103.24

103.26

*103.24

103.26

Treasury

2s

100.14

*100.12

100.14

*100.12

100.14

*100.12

100.14

*100.12

100.14

*100.11

100.13

Treasury

l%s

*100.15

100.17

*100.15

100.17

*100.15

100.17

*100.15

100.17

*100.15

100.17

*100.14

100.16

Treasury

l%s

.

.—.

Bank

1948

-1950

8

105.18 Sep

9

,

7

8
7

1

July 22
101.20 Dec
1
102.30 Apr 24
102.28 Jun

13

102.28 July 21
i

.

—

♦Bid

97.1.

97.4

97.20

97.24

and asked

price.

*97

97.18

97.18

97.16

No sales transacted




97

97

97.21

this day.

.

96.28

97.6

97.4

97.4

168,000

97.20

97.8

98.8

98

98.4

724,000

iiBeing called for redemption March 15, 1948 at 100.

10-year
25-year

'
.)

1 Jan

a

Odd lot transaction.

-

r

1957
,-1972

'Apr1
; Apr

ii
Dec

103 i9 r 'Jan

103.7" Jan

103.22- Feb

102.23 Apr 9
102.25 Apr 12
103.1 Apr 26
103.2 Jan 24
103.4 July 21

102.16

Oct

104.3

102.20

Oct

104.14 Jan

103.13 May

103.13 May

"

i.

"1

•

.'
Jyiar

102.14 Nov

104.26 Feb'

102.22 NOV

104.29

101.2
101.8

9

100.26 Oct 20

Jan 29
Apr 26

101.14 May

101.31 Mar

Feb

.

-

96.28 Dec
4*
Dec.,,4;

97.8

Registered bond transaction.

.
...

102.0d JulyT5
103.4, July 15
*

,

.

•

102.17 Mar

Sep

101.3

.

2,%s_

=

__

for

3s-——-—.

_•

102.8

Dec

103.9

i

,

...

98

104.7

ii''

102.12 Apr
9
102.6 May 27

__

100.30 Apr

Reconstruction & Development
97.18

Jan
j

^

102.4

104.16

100.29 Jan

i

July

102

* r.

i

■

10~8.17-Aug
107.14 Apr

101.4

—

102.12 Apr

106.15 Aug

Sep

102,24 May
100.13 Nov

.

_

1949-1951
1950-1952

Dec. 1952-1954
-1953-1955

*100.12

International

_

Apr

104.22

102.24 May 14

—

Apr

109.15 Feb

•

102.8

1948-1950
1949-1951

1951-1955
June 1952-1954

Treasury 2s

*101.27

7'

Sep So
100.16 Dec
3
100.13 Nov ".7 '

Apr

108.17 Aug

—

105.17 Feb

101.15

107.9

"

—

102.6

Nov

104.7

106.15 Aug

_

__

-Sept. 1950-1952
1951-1953

-

Nov 18

_

—1956-1959

Treasury 2s
Treasury 2s
Treasury 2s

101.13

*101.12

•

101

June 1959-1962
Dec. 1959-1962
March 1948-1950

UTreafiury 2s

100.10

*

Dec. 1967-1972
—1951-1953
1952-1955
1954-1956

2%s
2%s

*100 16

Jun

102.11

*101

100.17

108.4

102.11

*101.23

103.13

Jan

Jun

108.4

—

10

101.1

*103.11

107.5

Nov

101.25

*100.15

107.15 Jan

105.29 Aug

—

102.5

*100.ol

103.13

-

1965-1970

*101.23

100.17

Apr

106 16 May

.

—

Jan

101.2

*103.11

106

Apr

Jan

101.25

*100:15

Feb

106

102.22

*101

103.13

Nov

118.23

104.4 Jan 13
104.10 May 9
104.15 Apr 12

*101.23

100.18

113.3

118.15 Mar

8

101.1

*103.11

NOV

Deo

Nov

101.25

*100.16

Feb

Apr

102.5

*100.31

103.13

109.22

115.23

Dec. 1964-1969

*101.23

100.16

Dec

103

101.25

*103.11

104.12 Feb 21

104.12 Feb 21

1963-1968

101.1

*100.14

107.5

—

June 1964-1969

*101.23

103.14

102.12

107.27 Apr
107.4
Apr
107.9
Apr

*100.31

100.16

Jan

Dec

1C5.22 May

101.1

*103.12

115.26

102.11

104.24 July 14
104.23.Feb 14
104.18 Apr 30

101.26

*100.14

Feb

112.21 Aug

104.24 July 14
104.14 Sep
2
104.4 Jan
2

*100.31

n05.20

May 14

114.8

May 14

111.18

110.3

113.3

—

—

114.8

Highest

Jun

113.12 Aug

—

_

1948
1949-1953

*101.24

*104.1

Feb 21
108.21 Feb
4
112.6 Feb
3
102.6 Feb
4
106.13 July 24
106.6

104.25Sep 30
107.20 Oct
3
111.23 Sep 22

1949-1952

3s
2%s

Lowest

Highest

Lowest

^Treasury 2%s

104.8

Year 1946

Range Since January 1

STOCK

EXCHANGE

*106.15

*104.6

Range for Previous

GOVERNMENT BOND*

the Week

Dec. 5

Dec. 4

High

*104.3

High

High

Sales for

Friday

Thursday

Dec. 3

Low

a

PRICES

Wednesday

Tuesday

Nov. 29
Low

Figures after decimal point represent one or more 32d of

/.:»

*

-

>«'*.•.

i

■■.'T'.ii.-

COMMERCIAL

THE

Number 4653

166

Volume

RANGE

Friday
Last

or

Period

Stock Exchange

FOR

BOND

WEEK

ENDING

CHRONICLE

(2331)

RECORD

DECEMBER

5

Week's Range

Interest

BONDS
York

FINANCIAL

YORK

NEW

New

&

Sale Price

«.

Range Since

bund

January 1

No.

Low

...i-d

«

Interest

Last

Week's Range
or Friday's

Period

Sale Price

Bid & Asked

Friday

Bonds

Friday's

L.u

BONDS
New

York

Stock Exchange

Bonds

Range Since
January 1

Sold

*»

Low

High

York City

New

Cuba

10311

223

103 i2 106

103 J2

J-D

1980

Corporate Stock

(Republic of)

External

1141/2

loan

5s of

1914

1949

4%s external debt

F-A

1977

Sinking fund 5V2s
1953
ACzechoslovakia (Rep of) 8s ser A_1951
ASinking fund 8s series B
—1952
Stamped assented
to

6% »

1942

External

Foreign Securities

extended

gold

to

A-O

105 Va

115%

lllVa

115 Va

*105 %

—

80

j-3

80

2

99

100

22

A-O
99

120

90%

83%

100 %

102

F-A

90%

90 y4

91%

31

81%

102 Va,

A-O

83 Va

83%

84%

16

75%

101%
62

1,1978
Jan 1,1976

j-j

58

58

8

53

J-J

36

36

2

36

Jan 1, 1976

J-J

36%

37

2

36

48

1967

3-J

*15

14

35

1*49

M-S

*99% 103 %

98

105

1964

$—

n(lu_

Jan

(Republic of) 7s
frencn Republic extl 7s—

53 y4

Greek Government—

New York Stock Exchange

Broadway,

80

I9d5

T eletype

NY

New York

A 7a
part paid
A6b part paidHelalngfora (City) ext 6V2s

1-1693

1960

A.-0-

78

79

irlab Free Btate extl s f 5s

REctor 2-2300

107%

1962

AEstonla

Members

116%

104%

105 %

of) —

3%e extl s f $—
extl 8 f $.

Wertheim & Co.

105 "4

101

3s

T elephone

104 y2

106

*105

A-O

10*2

4Vas

vKepuouc
f

s

High
102 »/a

111%

114% 115%

J-J

1960

5%s

gold

oaivauor

48 extl

J-D

__

(called bonds)

External
Ei

*100%

(int reduced

lADenmark 20-year extl 6s
6s

Low

100%

High

M-S

1949

4V2s

No.

102%

Low

Unification Issue—

Transit

3%

High

1960

M-N

*97

a Jugoslavia

(State Mtge Bk)
(Colombia) 6y2s

AMedeUln

8y4

14

6%

3

6%

15%

2

74%

100%

8

6V4

6%

— -

7s—1957

A-O

1954

J-D

16%

7%

100

1968

7

5%

2

7

40%

105

104

12
45

29

1

40-%

Mexican Irrigation—

Foreign Govt. A Municipal

SA4%s assented
Ass'td

Agricultural Mtge Bank (Colombia)—
F-A

65

—A-O

*64

SAGtd sink fund 6s
sink

AGtd

Akershus

fund

1947

6s

(King .of Norway)

lAAntioquia

61

___

_

893/4

3

893/4

40%

2

25 V2

40

40

40

5

25

26'/a

45

4

24

45

21

45

19'/a

45

f 7s series B______1945

J-J

lAExternal

s

f 7s series C

1945

J-J

*40

45

lAExternal

s

f 7s series D

1945

J-J

42

42

*40

43

1957

A-O

series—1957

A-O

f 7s 3rd series... 1957

A-O

f 7s

s

sec

AExternal

sec

1st series
i

s
s

2d

7s

40 %

40%

40%

40 5/s

|

40%

100

d99

100

3-J

102

101% 102 y4

1053/4
46

98
>

991/2

F-A

89%

89%

91

3V4s
3%s
3 Vis

1957

J-D

88

88

88V'4

75

88

J-D

87

883/g

29

89

_1966

J-D

86%

89%

93

86 %

3%s

1962

F-A

86

86

87%

59

86

External

s

f

External

s

f

M-S

103 V 4

103% 104

11

102

external

106

105

106

12

104%
101 '/a

*61

--

--

*12V4

J-J

*11%

If-8

*33

AExternal

f 6%s of

s

external

J-D

1957

A-O

1979

A-O

48%

A-O

1957

1926^—

Stamped pursuant to Plan A
(Int reduced to 3.375%)„__1979
Ity)

48 3/4

50 %

2

63

63

50%

—

44

7

50%

55

J-D

1963

(Int reduced to 3.5 % )

3-D

1978

50%

14

44

63%

2

56

14

44

43

CO

APeru

61

3%s Series No. 3

(Rfep

v

60 y4

—

3%s Series No. 6

—

3%s Series No. 8

15%

15%

16%

1960

J-D

15%

151/4

16

135

15

21%

extl s f 6s 2d ser

1961

A-O

15*%

15V4

16 VB

111

15

21%

i940
1958
1947

A-O
A-O

19

21

1968
1950
1963

A-O

66%

1961

J-D

85

"7

66%

70

83%

66%

—

63

63

31

55

63

3Vis Series No.

12

—

e60

63

16

56 v8

63

3Vis Series No. 13

—

62

62

1

57

63

*66%

—

63

—

■

—

*—

.j

62%

i

62

63

5

63

62"~

__

—

62

(City of)

8s

—

1966

99%

102

105%

106

32 ya

40

24%

4

99% 100

36

—

*8%
*

A-O

16%
7%

5

83/8

9

J-J

11%

12

5

J-J

8%

9

6

*34

26

26

*34

—

21

B

_

_

16 3 8

8%

22

15%

23

*8V2

2001

reduced

to

2006

2.25%)

*26

J-J

__

10

7%
33

—

.

26

5

26

29%

21%
24%
21

38
33

32

39%

25

33

—

--

A-O

26

F-A

32

2012

p-A

(State of)rextl loan of 1921
1946
Stain&ed pursuant to Piax» A .
(Int reduced to 2.5%)
1999
AOs external sink fund gold
1968
Stamped pursuant to Plan A
(Idt reduced to 2%)
2012
A7s external loan of 1926
1966
Stamped pursuant to Plan A
(Int reduced to 2.25%)
2004
a 7e municipal loan —
1967
Stamped pursuant to Plan A
fib* reduced to 2.25 %)
2004
ASan Paulo (City) 8s:
1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)-—2001

~4

34

41

1

36%

26

A-O

2001
1953

Stamped pursuant to Plan A
tint reduced to 2% )-

31

36 %

1946

(Int reduced to 2.375%)
AExternal sec 6y2s

62

55

f 7s

(City of) 8s
olamped pursuant to Plan A

62%

55. Va

38

'Tnt

63

55%

v

3Vis Series No. 18

gold 6s_

fARio de Janeiro

62 Va

50%

,

61 %

62

3Vis Series No. 17

55

79

63
rt.i

61%

3Vis Series No. 16

94%

Stamped pursuant to Plan A

83%

33/4s Series No. 11

3Vis Series No. 15—

s

Stamped pursuant to Plan A
(Int reduced to 2.-375%)
AExternal loan 7y2s

83%

7 8-/«

67

67

*79

—

3%s Series No. 14

external 7s

sink fund gold 8s

APorto Alegre

69 3%

65

7s

A4Vfes assented

65

67
72

67

—

3%s Series No. 9
33/4s Series No. 10

55%

1

60%

*65

*66%

—

3%s Series No. 7

102%

f 6s 1st ser

of)

AExternal

65%

99

29

A4mi8 assented
AStablllzation loan s
A4MtS assented—'

65%

104

*23%

65%

55%

105

94

M-S
M-S

65'/4

55%

99

3

2008
1959

55%

4

98ya

89

89

37

65%

15

90

100

*31

8

61

105%

89 3 4

*86 Va

M-S

5

61

88

100

1947

(State-of)

61

59 Va

4

100

A-O

*105%

60%

60

—

105%

*100

59 3 i

—

106

90

M-8

59 Va

59%

—

—

92

19

M-N
J-D

lAPolantt* iRep of)

(Plan B)—

3%s Series No. 2

1

92

1967

serfes B

Stamped pursuant to Plan A
(Int reduced to 2.125 %)

59i/a

92

1963
1994

(APernambuco

4

97%

91

(Republic)—

ANat loan

A-O

33

2

91

J-D
A-O

I'

70

50%

40 ya

25%

„

1970
1955

ANat loan extl

3%s Series No. 1

3%s Series No. 4
3%s Series No. 5

1957

external—

f

AStamped assented 5s
Stamp mod 3y4s ext to

63

50

—

29

90

F-A

s

Oalo (City) sink fund 4y2s

73%

63 %

—

33%

34

—

40%

26

29
--

12%

33

—

92

A-O

73%

55

—

11%

91

M-S

Panama

--

14

—

—

--

91

M-N

1965

3y2s

63

49

49

A-O

funding bonds of 1931 due„1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)—1979
1944

1957

1956

B%

bonds of

2008

(Kingdom)

Ext sec ref 3%s

1952

_

*61 %

--

*33
*25-%

it sink fund extl loan

60

43%

1

10

1%

__

39%

*25%

—

M-N

External fc—* fund 4'/is

!

Stamped pursuant to Plan A

External $

—1959

3Vis
Norway (Kingdom of) ;4,%s—.

(

(Int reduced to 3.375%)
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(Central

f 6%s—_

s

Municipal Bank extl s f 5s
1978

Stamped pursuant to Plan A"

A7s

agree_1963

f 6V2s—__——1958

s

(Int. reduced to 2.125% )

Stamped pursuant to Plan A
(Int reduced to 3.5% )

15%
11%

6y4

11

6%

6'%

J-J

Stamped pursuant to Plan A

70

56

—

11%.

12%

J-J

1942,

5,

Stamped pursuant to Plan A
'
(Int reduced to 2.125%)—2008

116

3

111% 111%

J-D
J-D

11%

11

*

Q-J

*9%

a Sec

109

.1941

8s!

IS y«

17%

J-D

J-J

ABee external

107%

J-J

1955

(U S of)

ii%

J-J

993%

1955

7s

lABtaxll

9%

J-J

101

1949

6s

9%

8%

Q-J

1945
agree_1963

Nov

to

Netherlands

Belgium external 6'As

1945

1942, agree_1968

5,

AAss'td to Nov 5, 1942,
Mlnaa Geraes (State/—

91%

86%

—

9

M-N
,J-J

lATreasury 6s of 1913 assent—-1933

95

1967

Nov

to

Ass'td

102

-.1956

agree_1968

1899 £—1945

fAAssenting 4s of 1910

109%

89%

81

111

Ass'td

103

3%s

10-year
10-year
20-year
20-year
15-year

5,' 1942,

extl 5s of

agree_l963
AAssenting 4s of 19041——
1954

t

45

ISVi

3

16

J-D

AAntwerp: (City) external 5s
—1958
Australia (Commonw'lth) 5s of '25-JL955

11

1943

Nov.

to

(US)

5 A Assenting 5s of 1899
Ass'td to Nov 5, 1942,

453/«

s

AExternal

§ A Mexico

79

89 %

fAExternal

AExternal

81

40'%

M-S
3-J

19C8
1945

4s
coll Is A.

(Dept)

65

2

65

26

85%

26

1

32

25 Va

36

27

*31

35

39%

25

35

36

27

31

15

32

25

Bin Grande do Sul

63

5 A 8s

A-O

34

1

40%1

~

3Vis Series No. 19—

•_

—_

v.

%

m-

55

63

3%s Series No. 20

3Vis Series No. 21

*61

62

■>5

61%
62

54%

62%

54

62

%

3Vis Series No. 22

60 y»

60%

36

3Vis Series No. 23

62 «/2

62 %

205

3Vis Series No. 24

62%

64

29

60

64

3Vis Series No. 25
3 Vis Series No. 26
3Vis Series No. 27

61%

61%

10

541/a

62

1

57%

62

61 %

62

9

3Vis Series No. 28

61 %

63

21

61 %

3Vis Series No. 29
3Vis Series No. 30
Brisbane

(City)

61'%

Buenos

3%

Aires

s

99

55%

62i/a

56%

63

55

63

25

63

13

9b

J-D

1984

3-J

i960

A-O

104 VB

104

1043a

62

104

1961

J-J

104 3/8

103% 104 Va

46

103 54

1954

J-J

100

99 y4 100

F-A

101

—

96

37

101 %

100

7

63

102
104

102V4

A6Mj8

of)—

bonds

f $

M-S

63

54%

13

100%

1957
1958
1950

s

(Province

external

6i y2

61 %

f 5s
Sinking fund gold 5s
Sinking fund gold €s

61%

63

-54'/a

--

*100

92%

--

--

I a San

Canada

(Dominion

of)

4s

3 Vis

25-year
ACarlsbad

(City) 8s
SAChile (Rep) External
§A7s assented

s

f 7s

_1942

G

72

__

-

1091/4
noy2

64

_

M-N

A8s

263/4

M-N

19 Va

20

19

27%

(Int

A-O

20%

20%

1

20%

273/4

A7s extl

1960

A-O

19%

19%

20%

40

19i/4

273/4

AExtl sinking fund
i A 6s assented

6s__—Feb 1961

F-A

20 %

20%

20%

3

18%

28

19%

20%

14

18%

273/4

ARy external s. f 6s

—Jan

20%

28%

A6s

sinking fund 6s

assented—.

:

Feb

assented

F-A

1961

Jan

J-J

.

AExternal sinking fund 6s
A6s assented

AExtejpnal sinking fund 6s
A6s assented

M-S

1961
1962

*20%

J-J

M-S
A-O

.

1963

19%

6%S;

1957

25%

19%

J-D

A 6Vis

1,

assented——^

.1.1961
AGuaranteed -sink fund 6s„1961
A6s

28

20%

27

2iy2

assented..

J-D

__

i8y4

__

A-O

19 V*

A-O

•

__1961

assented

_^1962

AChilean Cons Munic 7s

18%

AChinese

5s.

1&'%

M-S

__1951

1928—
Oct 1961
A68 of 1927—.-.——a—j—_Jan 1961

A-O

(Republic

3a>;external

sf.J bonds

i

1070

Mtge Bank 6V2s_

.

.

18%

lASecured

—.

0

—

33

--

1

26%
41

M-N
—

if

40

*25
*41

J-J

*33

M-S

*39

2004

J-J
J-J

2012
1940

A-O
A-O

1978

A-O

*33
40

-

—

--

42

37

41

s

f 7s

44%

68

64%

—

46

67

65

48

56%

42%

42%
40

2

33%

9

59

40

60

33

55

85%

33%

85

91%

69 V2

69%

69%

65%

80%

19%

1

18%

5

27

19V4

For Financial

FOREIGN

27

17%

27

21

*

|

Institutions

25%

17%

3

SECURITIES

20

18 Vs

6

17%

18

1

18

25 3/4

17%

1734

4

17%

25%

10%

7%

16%

73

FIRM TRADING

27 !

MARKETS

r ABL MARKS & PP. inc.

(Rep of)
see

i -

7.s_„„
page

'|T"




•»

_„195J

M-v

•

30.
r"

''■! 'i;

73

44%

•

■

7

453/4

72

-

■

2

72

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•

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53

50

——

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'

84%

81

82

13
6

.

.

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50

79
78

97 %
v

96 %

...

—

i6y4

16%

lg

50 Broad Si..

-54%

'

45

84"

84
:■

54

*43

__

62%

42

FOREIGN SECUHITIES SPECIALISTS

90 :

41%

50

*43

•

90

16

20%

Telephone HAnover 2-0050
.

,

42

42

—

36
—

35

37%

—

50
--

31%

24«/4

36%

M-N

39

25

27%
31 y4

—

30

J-/

Stamped pursuant to Plan A
(Int reduced to. 3.5%)

261/2

19%

__

73

44%

A-O

-

For footnotes

iso 0

26%

1968

23%

17%

73

J-J
a-O

.

1947

5 A Sinking fubd:7s of 1926—__!!194fl''
M-N
f ASinking fund 7s of 1927—
-1947 v
F-A
Copenhagen (City) os—
j-d
■i/J/RS^ar rgold;
j; •.■'.M-N.''''

/

7
__

18
-

73

<

AC^-a Rica

32

26%

of)—

A6e Of

fAColombia

18%
„

i8-y4

__

—

J-D

Colombia

24%

*25

*32%

273/4

*7%

M-S

-I960

(Hukuang Ry)

__

M-N

•

—I960

?.

;A7g assented

39

263/4

19

19 y4

18%

18%
__

i AGuaranteed sink fund 6s__._iil962M-N
A 6s

31

27V4

19 Va

19%

j-d

,.

,

21

__

20

*20%

_

1

1999
—1956

Stamped pursuant to Plan A
(Int tfcuueed to 2% )

27%

J-D

1957

i_

Af'/as assented

;

18i/4

31

32 Va

*33

dollar loan

37%

32%

*41

2.5%)—

30

-

ASinking fund-6Vil———__l961

*

27

A6s extl

28 Vb

20%

reduced

*35 ,

32%

J-J

water loan

27

23

J-J

Stamped pursuant to Plan A
(Int reduced to 2.25%)

273/4

19%

19%

19%

M-N

18 %'

8

*20%

__

M-N

70

21%

19 Va

19 y4

21

21%

19%
_

A-O

1963

,

AChile Mortgage 'Bank

1961

1961

.1962

AExtl sinking fund 6s
Sep
A6s assented.
—Sep

,

1961

_

,,

4

1999

2.5%)

—

.sr

28%

—1950

reduced

5

23

J~®

2012
1936

(State) 8s

Va;

23

pursuant to Plan A

external

I9u0

A6s

J-D

Stamped pursuant to Plan A

:1942

AExternal

18

(Int

82

20%

Paulo

Stamped

■

27

J-D
M-N

19«>7

extl secured s f

Stamped pursuant to Plan A
(Tnt '•educed to 2%)

100 i/e

—

N«w York 4, N. Y.
Teletype NY 1-971

27

28

(2332)

THE

,

COMMERCIAL

NEW

YORK

range

Interest

Last

Period

Sale Price

or

Range
Friday's

Bid' Ac Asked

Low
Croats <si Slovenes

a8s

secured

a 7s

series b sec

1962

m-n

1962

m-n

1058

j-d

1958

j-d

extl 7s_

mvzs assented

*

Sydney County Council 3%s
SAUruguay (Republic) extl 8s

1957

1946

57/s

Sold
NO.

11

19

7%

8

87

f-a

6s

1960

m-n

fund

6s

1964

m-n

External

readjustment

Low

5

10%

4%

10%

88

10

26

6

20%

87

m-n

1979

m-n

F-A

;

a Warsaw

extl

*120

■

86'%
88

121

General

Week's Range

Interest;

Exchange

<

--

88'%

88

88%

Last

Period

Sale Price

or

2d' consol

100

83%

100%

85

100

93

102

*88

F-A

*9%

Friday's

Bid & Asked

14

7

101%

f-a

101 %

1989

j-j

1989

J-J

126

__

Bondk

Range Since

Sold

January 1

%

High

Noi

123

101'%

42

101% 101%

Low

10

9

101

a

126

101

a

124

—

4'%s

f-a
f-a

__

1970

b

j-j

1977

1985

series

mtge 27/as__

ref

f-a

—

Gen

inc conv

mtge

5s

124

21%
17%

inc

112 %

94

94%

»

railroad and industrial
Adams

Express coll
Great

tr

gold 4s

Southern

1948

3%s;

1967

m-s

100

=

m -n

104 %

Alabama Power 1st mtge s'/as
1972
Albany St Susquehanna rr 4%s__1975
Alleghany & Western 1st gtd 4s—1998

J- j

a-o

*101%

Allis-Chalmers Mfg 2s debs

_1956

M-S

95 %

Foreign Pow deb 5s
2030
American Telephone & Telegraph Co.—

MS

Amer

&

2%s

debentures

2%s

100%

j-j
m-n
m-n

1983

j-j

76%

76%

78%

23

76'%

88

Jan 1 2038

j-j

53%

53%

55

33

45

56 V4

conv

95%

101%

105'% 106%

72

105'%

108'%

92-%

200

90%

103 %

93%

182

92'%

103%

1986
1961

103%

J-D

174

88%

103%

119%

18

91%

101%

J-D

107%

93'%

93%

J-D

1969

A-O

101%

A-O

101%

.1995

94%

a-o

a

157

93%

1021/4

2,322

107% 108

1071%

112'%

101% 102

75

101% 102

61

■j

Q-J

1966

5s

92 3

84

*96

101'%

105'%

101'%

106%

84
—

--

95'/a

95

97'%

Topeka & Santa fe—
I995

Adjustment gold 4s

Stamped

4s_
Charlotte

a-o

1995
1995
ry—

Nov

July 1
-July 1

118'%

118% 118%

88

m-n

107

107

21

132

118

107

119%

102

107

118%
116

107

a

ser

1st

St

Paul

mtge 4s

&

32

22
72
a

1983

Pac

3'4%

68

73

14

25

71

118%

conv

118%

2nd

mtge

37%

j-j

50

37%
*88

--

52 %

22

38

27

88'%

49%

44%

88'%
140

66'/a

32

45%

87

—

99

rr—
j-j

100%

100% 101 %

35

100'%

105%

a__Jan 12019

Apr

661/2

66 %

69'%

143

66'%

88 3

Jan 1 2044

Apr

50%

50%

53'%

140

49

64'%

ry—
4%s__Jan 1 1999

Apr

60 %

60%

61%

239

60%

83%

97%

101%

ser

b

ser

Chicago & North

50

j-j

1956
1994

mtge 4'%s inc
inc

j-j

2003

a

ser

Gen

4%s

4

Western

inc

conv

mtge 3s ser

b

1989

j-j

1988

j-j

891/2

1934

a-o

55

1952

a

96%

--

—

{Chicago Rock Isld & Pacific Ry—
AGeneral 4s

100'%

1,659

88%

91%

1987

gold 4s

89 3 a

103% 104'%

88%

J-J

A-O

-1957
1962

Milw

1st

90%

General 4s

Atlanta

100

15

96

92 %

—1981>

a p w Products Co

Atchison

108%

85

90%

debs

Arbor 1st

109'%

100

__

92%

Amer Tobacco Co deb 3s
3s debentures:
Ann

106%

100

1st mtge 4s inc

a 2d
mtge 4 %s inc ser a
Chicago Ind & Sou 50-year 4s

Chic

f-a

debentures

2%s

105 '/•>

105

A-O

debentures

debentures

2%s

104

104 %

1975

25/8s' debentures
conv

100

101 ,°8

—1980

debentures

2%s

100 al-

*105% 108%

a-o

a

companies

100% 100%

115%

94

20

104

Chicago Ind & Louisville Ry—

Alabama

114%

97%

1982

4 Vis

mtge

107%

6

98%

1997

Chicago Gt West 1st 4s series a
a Gen

124

1985

3%s ser b

mtge

107'%
132

12

112% 113%
*97

107

101'%

--

107% 108

Chicago & Eastern iii'rr—
a

90

5'%

mtge 3 Vis

High
143%

124

123%

--

1958

ref
ref

&

1st

18

16

m-n

1996

gold 4s_

m-s

1996

Chicago & Erie 1st gold 5s

84%

7

&

&

1st

86%

2

1992;

,

_

38

__

4%s

General 4s

130

—

2

88

97

gold

Ref & impt mtge 3%s d
Ref si impt m 3'/2s%eries er & a Div 1st cons gold 4s

1st
--

97

*;»

F-A

1958

G'3'%

97

J-J

—1958

(City) external 7s:

a4y2s assented

Stock

Chicago Burlington & Quincy rr—

__

*120
—

J-D

4.41/4.41/23

York

Low

1st

1978

conversion—

s%-4%-4fts extl conv

bonds
New

101%

■

readjustment—__1978
3%s extl readjustment-.!-:.——1984

■

b

High

—

__1979

RECORD

december

Friday

'

External

ending

Range Since
January 1

13
3

*120

fund

sink

1937)

39

6

j-j

sink

bonds of

6%

5'%
*11 %

AExternal

($

High

Bonds

5%

__

AExternal

3%-4-4%s

BOND

Monday, December 8, 1947

Chesapeake & Ohio ry—

extl

of)

week

(Kingdom)—

external

ASilesia (Prov

for

CHRONICLE

Week's

Friday
bonds

New York Stock Exchange

Serbs

&r FINANCIAL

a

Certificates

§ a Refunding

of

SASecured 4Vis

series

a

62 '/a

m-n

50

66 '/a

195
84

90

78'%

88

39

761

13'%

j-d

1951

3%s

m-s

i960

87 %

53

1951

90

86%

4s__

a Conv
gold 4 Vis
Chicago St l & New Orleans 5s

Gold

86 %

deposit

gold

56'%

j-d

Memphis Div 1st gold 4s
1951
Chic Terre Haute & s'eastern ry—
1st & ref m 2%-4'%s
1994
Income
2%-4Vis.
1994

63

235

13

14'%

443

101

101 Va

4

60'%

42'/a
12'%
100

63

27%
105

j-d

97

97

98

9

j-j

80

78

80

10

78

93 %

j-j

77

77

77

5

76

85

96%

100

Chicago Union Station—
1st

mtge

3 Vis

series

1st

mtge

2%s

ser

Air

Line

mortgage 3%s
Atlantic Coast 1st cons 4s
General unified 4%s a

1963

July 1952

m -n

m-s

102%

102% 103

85
51

98

101%

107%

1964

j-d

98% 100

1948

j-j

30'%

30%

11

28

41

1948

j-j

21

23

22

17%

30'%

1966

j-j

97

97

6

Atlantic 81 Danville Ry 1st 4s
Second

mortgage 4s
Atlantic Refining 25/as debs

111'%

97

103%

B
mtge 4s

1st

mtge 4s

julv

1st

mtge

5%

Fixed

at

mtge

and

1%

b

Div

80

85'%

82

1

1948

a-o

85%

—

85 3

8

2

00 C4

82 %

82'%

87 %

23

OO to

87%

1950

mtge
3%% )

J-J

j-j

68%

68%

73 %

46

68 %

89

(2%

k

Series

m;

due Mar 1 2000
due Mar 1 1996

May

45

45

46

273

35

57%

57%

59

115

54

56%

58

40

51 %

73%

56%

58%

51

52

73%

59

j-d

m-s

a

due Dec 11995

56%

Con

ref

j-d

a

—1980
series d

1985

66

66

M-N

79%

68

79%

82

79'%

j-j

79%

j-j

1951

j-j

1951

113

60

84%

a-o

Extension

1st

3'/2s

Beneficial Indus Loan 2 Vis debs
Bethlehem Steel Corp—
Cons

mtge

Cons

mtge

Boston

2%s
2%s

1961

Cine Gas & Elec

1st mtge

a-o

Terminal—

Union

d

2%s

1969

gold

Cin

Wab

coll

tr

Ilium

c

3'%s

90'/a

m-n

95 %

122

3'%s

Cleveland

98 %

98%

101

4

1987

MS

99

99

1955

M-N

*101 %

& Maine rr—

,1960
1950
1969
1976

Buffalo Niagara el 1st mtge 23/4s—1975
Buffalo Rochester & Pgh Ry—

*

A-O
J-J

8u%

m-n

50%

f-a

80%
50 %
102

MS

100 y4

__

q97'k

96%

82 Va

65

51%

44

42

66

2

102

102

102

100% 101%

10

79%

100%

91%

107%

J-J

94

94

10

94

103%

m-n

96

97

27

96

104

Gas

&

m-n

59

58 %

611/4

82

55%

a-o

37%

36

38

38

25

Bush Terminal 1st 4s
Consolidated
5s

1952

a-o

100

101

5

98%

1955

j-j

89

89

1

87

Bush Term Bldgs 5s gtd

1960

a-o

1

105

5s

Canada Southern
Canadian

105% 105'%

97

106%

"1974

100%

103'%

100%

103%

&

ref

&

ref

1st

a-o

99%

113

National ry—

Ohio

Sou

Oct~1969

j-j

gold

5s

1970

j-d

Guaranteed

gold

43/4s

1955

Guaranteed

gold

4 Vis
1956
gold 4Vis
1951
Can Pac Ry 4% deb stk
perpetualCarolina Clinchfield & Ohio 4s
1965

a-o
f-a
F-A

M-S

1931

__

a-o

i960

110%
—

j-d

§ a 1st mtge 5s
§ AConsol gold 5s

1945

Pwr

105

1959

Continental

1959

a-o

ARef & gen 5s series c

AChatt Div

pur money gold 4s__1951

||;§AMobile Div 1st gold 5s

1946

Illinois

Light 3 Vis
JACentral of n j gen gold 5s
a 5s registered
h;
AGeneral 4s
.

}

A4s registered

Central

New

York

Central Pacific
1st
-:

&

ref

1966

_1987
1987

see

page

•j:

—1974




30.

104

98%

11

104%

109

46

105%

100

107 %

98%

99

77

97%

48

s

Cigar

3%s

f

51%

58

44%

102
101 ''2

m-s

104%

f-a

1977
1951

J-J

1961

f-a

a

3%s__—1965

Corp

New

I08 %

106%

102

104 % 105%

23

103%

101 %

5

*._

63 '/2

102

15

101'% 101%

103 %

104%

110%

114

114

114

102%

64

102% 103%

f-a

106
106

105%

100

8

108

102%

106'%

*__

a-o

109 3a

108%. 108%

106

104%

York—

mtge

Baking

48

1955

1965
1966
1942

3s

94

95%

23

94

103%

a-o

92 %

93 %

23

92%

101

J-D

95 3. H

96

21

95%

98% 100 %

73

99%

106%

99%

12

98%

104

m-s

94

m-s

98 7

a

99

J-J

tt

m-n

103 3

4

98% 1017/a

94%

1952

53

53%

22

49 '/a

39

40

25

39

52'a

80%

81

9

76%

86 %

34%

36

122

35%

J D

d53

39

ADeposit receipts
ACuba rr 1st 5s gold—

36

5

J-j
34 3

ADeposit receipts
a7%s ser a deposit rets

1946
1946

Dayton Pr & ltf 1st mtge 2%s
1975
Dayton Union Ry 3'as series b—1965
Deere & Co 2%'s debs——
1965
Delaware & Hudson 4s extended—1963

a

J-D

a-o

deposit rets

119%

3

110% 110%

24

110.%

106% 106'%

100

7

68%

*35

j-d

—May 1 2042
& Light 3s—.—-1973

Power

32

63%

44%

35%

46

36

36

45%

108

108

fixed

102%
67%

8

17%

Duquesne

7%

206

102%

106

68%

1

33

7

mtge' (3%

79

105%

63 V2

49

10

-

81

7

5

J~-J

int)

108

109%

89%

38 Va

59'/a

j-j

80

79%

80%

72

Apr

51

51

52%

111

66

73%

66 7'a

28

m-s

107%

107% 108'/a

24

106'%

109

j-d

101 '/a

101'/a 101%

11

101 '/a

109%

m-s

96%

96%

98'%

29

96'/2

66%

66 %

1

62%

j-j

j-d

66%

66%

j-j

99

99
a

m-s

7

99 %

98'%
85

83%

100

70
63

110%
94%

96

96

96

2

95%

38

38%

30

30%

38%

98%

98%

99%

25

98%

100%

J-J

F-A

50'/a

*56

j-d
m-n

66

101 '/a

102

108

102'/a

105%

Erie Railroad

99%
39
101

10t
51'%
104 '/a

5s

106'%

^1965

112%

———1965

a-o

*

mtge

145

145 '/a 150

j-j

105 Va 113

—

--

195

co—

inc 4%s series a
2015
mtge' 3'as ser e__
1964
1st cons mtge 3 %s ser f—
.1990
1st cons mtgB; 3%s ser g
.2000
1st cons mtge 2s ser hu——19*9
Ohio Div 1st mtge 3V4s_—
-1971
Gen

121

102

33

—

113

3

8

36%

stamped.—

113

103

24%

5s

113

102

el Paso & s'western 1st

101

78

100

102

24

-100

109%

100

A-O

4

a-o

32

Ed el 111

1st cons

J-J

100

54 3

102

28

45

3

53

5

31%

104

62%

54

90

102

(ny) 1st cons gold 5s
Elgin Joliet & East Ry 3v4s-

f-a

49

77

51

102

40

58

58%

34

50

102

4i

102

42%

80%

50

m-s

25%
24%

102 Va 102'%

22

*78

m-n

99

M-N

705

398

102%

89%

1956
1995
—1970

East Tenn Va Si Ga Div 1st 5s!

36
34 >%

a-o

30

66%

30 %

31 %

103%

90%

27

30

*29 %

f-a

1977

Light'Co 2%s_—.'

347%

65

104%
105

99

17%

42%
20

18%
108

61

contingent

Detroit Edison 3%s series g

78

103 %
21

90

m-n

m-n

98%

10

__

99%

Lake—

39

100

83%

48

Salt

8

39

65
100 7'a

43

*14%

&

Income

45

110

41

"7

———201®

contingent lift)
Denver

1993

8 Va

107

107

98%

99

99%

rr—

mtge ser a (3% liked
1% contingent int)__—
Alncome mtge'ser a (4%%

1%.

91

8

A-O

1st

1121%

81

98 34

103%

J-D

4-6s%

-1993
1966
Gen & ref 3s series h
lfl70
Gen & ref 2%s series i-—
1962
Detroit & Mackinac 1st lien gold 4s 1995
a Second gold 4s
-1995
Detroit Term & Tunnel 4V2S—.1961
Det Tol & Ironton rr 2%s ser b—1976
Dow Chemical 2.35s debs—
—1961
t§ adul Sou Shorp Sr Atl* Bold 5s_ 19^

93
107 */s

86

8

106

119%

1973
——1993

34

a

s a Central rr & Banking Co
5s stamp
(partial redemption)—1942'
Champion Paper & Fibre deb 3s
1965
footnotes

86

J-J

a-o

113%

II41/2

*97% 101
—

120%

108%

109%
111 %

*—
100

j-d

j-j

111%

5

3

91

1987
Power

(4 ¥4% to Aug 1 1949)

For

i-a

1987

3s—
1974
1st ref gtd gold 4s_1949

series

104

103%

co—

debs
Crucible Steel 1st mtge 3'/as
§ACuba Northern: Ry 1st 5%s

Delaware

108% 108%

107

A-O

nov 1945

5Vis series b

96 %

109 %

2

101 % 102

--

a-o

1982
1977
mtge 2%s ser c
1972
Power 1st mtge 27/as__1975

Coll. tr

109% 109 %

92%

M-N

ARef &

Central

8

107'/a

f-a

1948

j

|

25

111% 111%

—

F-A

1935

|
/

100% 101
111% 112

j-j

Guaranteed

I

100%

j-j

Guaranteed

gen

86%
102%

102%

101%

1970

3%s

el

1st extl 4s

Edison

Denver & Rio Grande West

1957

-

1

99

105%

m-s

4s_-1948

2%s ser a
1st & ref mtge 2%s ser b

107

Celanese Corp 3s debs
Celotex Corp 314s debs
ACent Branch u p 1st gold 4s—
{Central of Georgia Ry—

80%

39

87

104'/«

a-o

debs__.1971

1st extl gold

v

due
Morris & Essex division

106

M-N

Carthage Si Adirondack ry—
i
1st mtge gtd 4s

98%

64%

_

82%

D

39

103%

gtd 5s a—1962

cons

63 %

a-o

72

j-d

Guaranteed gold 4'/2s
Guaranteed gold 5s

98%

98%

103%
98%

a-o

3'/8s

Elec

&

Alncome mtge

1976

_

*

m-n

Delaware, Lack & West rr Co—
n y Lack & Western div
1st & ref m 5s ser c
California Elec Power 1st 3s
Calif Oregon Power 3 '/as

80

65 V2

73

at

1934

coll

2

67%

*101

m-n

1980

3s series l

mtge

A6s ser b

1957

&

87
102 %

a-o

{Burlington Cedar Rap 81 Nor—
§ a 1st

83

.

f-a

modified)

(stamped

Consumers

96'%

.

102%

1961'

mtge 4 '/2s series c

Consolidated Edison of

1st

104

88

Colorado & Southern ry—

Consolidated
56

96 %

99

77'/a

21

105

66%
*--

m-n

.1972
1973
1977

River

103 %

97V8

96

96

113%
105 %

97

79%

82

J-J

Ry & l 1st & ref 4%s:

103%

9534

M-N

77%

98

85%
105%

co—

Conn

96

j-j

July 1970

Terminals

Conn

95%

1970

107'%

8

957»

*96

1948

100

100%

4

98 %

66 %

1950

129

95 %

98%

77%

J-J

4'%s

gtd

Commonwealth

20

38

98

1990

mtge 5%s series a

Columbus & Tol

90'/a

99

*..

1970

mtge 5s series b

98 va

122

1991

4s

gold 4s

1st

90

1976

-1951

1st

3s

1st

Union

Columbus & h

1

60

98 %

J-D

gtd

Short Line

Columbia

10

32

107'% 107'%

J-J

gtd

d

1st
122

85 %

Pittsburgh rr—

79%

i

modified
(interest
to May 1 1947) due

1st

Elec

Div

34%

84 V2

J-D

1993

e

series

Mich

97

j

Bklyn Union el 1st gold 5s_.
Bklyn Union Gas 4s debentures
Gen mtge 2%s_

&

Div

l

1993
1977

b

4%s

impt

34%

24%

1

00

105%

24%

__

.

107%

Ry—

4s

series

5s

&

99

25 %

85 %

J-D

Investing Co 4s debs

102%
.

101 %

7

27

99

25 %

f-a

1961

*25%

__

J-D

City

99

f-a

1966

79'%

95
90

1975

101% 101%
99

m-n

1974

78%

ser

mtge 5s series ac
1st mtge 5s series ii
1st mtge 4%s series jj
1st mtge 4s series rr
Alnc mtge 4v'2s ser a

3%

a-o

5

ser

1st

Stamped

§ a Debentures 5s part paid
1957
{AChoctaw Okla & &Gulf cons 5s__1952

54

a-o

Telephone of Pa 5s series c—1960

Creek

a-o

Columbus

4s

stamped

Beech
Bell

107%

1943

series

§{AChilds Co deb 5s part paid

4%s

1951

,4s

102

1st

& Aroostook rr—

isaugor

19

Cleve

74

Pgh Lake Erie & West Va
4s

102

4 Vis

1st

m-3

Ref & gen mtge 6% (2%% fixed
and 3%% contingent interest) —

series

102

ref

Series

Series

4s

m-s

&

Series

due Dec 11995

Ref

108 %

1962

1st

Cleveland &

—

g

Toledo Cinn div ref

101%

Cleveland

fixed

contingent interest!

j

17

St

5%
Feb 1 2010

:

Series

Series

101% 102%

Ref
1975

5%

10178

General

101

fixed

1st

& gen mtge

3%

85''2

J-J

General

July

14 ri

4>/2s income

and

82

J-J
J-J

4s

conv

Cleve Cin Chic & St Louis

int)

(fixed int at
Ret

82

101

(interest

ser

cont

s'western

Conv

j-j

79

bonds

4%)—

5 %

a-o

1975

a

ser

Stamped modified

1st

194b

1

f

g

Chic & West'n Indiana

1st mtge gtd 3%s series e
1st mtge 2%s ser g
City Ice & Fuel 2%s debs

Baltimore & Ohio rr—
1st

1963
1963
1952

Cincinnati

&

1st

j-j
j-j

j-j
m-s
vr-.«-

61%

61%
a

a-o

591%

147

64

99%

98

83

84%

*82
a

84'%
84

*

■

__

83%
99%

100
--

83

20

—

103

81

102%
94'/a
94

100'%
105 Va

THECQMMERCIAL &l. FINANCIAL CHRONICLE

Number 4653

166

Volume

NEW

YORK

RANGE

Interest

Last

Period

BONDS

York Stock Exchange

WEEK

Sale Price

or

Friday's

Bid & Asked

ENDING DECEMBER 5

Low

High

Friday
Bonds

Range Since

Sold

Low

Interest

York

New

Stock

Exchange

1961
—1959

a 1st

ret

&

5s series

'a—,-———1974

deposit
Sugar coll trust 6s
of

Certificates

Francisco

102

5

54%

54

54

72'A

65'A

---

1956

1949

"102% 103

J-D

101'A

106

"103%

M-Jv

1st

10^'A

49

18

103

"lOJ'/a 102

J-D

105%

100

48'A

102

M-N

'Xf-S

104

Week's

1966
k

3Vis

ref

&

1st &

M

ref

4t.l

Knnx

liiH)

Macy

105%

Cine

Div

98'A

A-O

98'A

99

87%

Range Since
Jantfary I
Low

High

105 %

107%

47

98'A

108%

5

87%

87%

US

"96'A

99'A

V-V

1972

2%s debs

& Co

5

A-O

10**

4s

Sold

No.

.

_20O3
—1980

gold 3s

Bonds

High

106% 106%

US

2003-

3%s series F

M 2"Vis ser G__

St Louis Div 2d

Range

Friday's

or

Bid & Asked

Low

Louisville & Nashville RR—

{Florida East Coast 1st 4 Vis

Sale Price

High
Louisville Gas & Elec

Firestone Tire & Rub 3s deb

Last

Period

BONDS

r

January 1

No.

•/

BONDRECORD

Week's Range

Friday

New

FOR

(2333)

M-N

96

118

110'A

98

13

98

72

98

12

66%

3

81%

98'A
103 V«

112'A
98

M
Maine Central
Gas &

Elec of Berg Co cons 5s
General Realty & Utilities Corp—

1969

"84 Va

M-S

Af-N
J-D

Great

debs_

inc

eonv

(B P|

1st

Co

Northern

General

5s

Ry

5 Vis

General

mtge

1952

mtge 3Vis ser N

Gen

mtge 3Vis ser O

Gen

mtge 2%s ser P
mtge 2%s ser Q

Gen

mtge

1990
2000
1982
2010
1961

2'As ser R

A Green

6

113

117%

Metropolitan Edison 1st mtge 27/8S_1974
Metrop Wat Sew & Drain 5%s—J950

121'/a

133'A
129

Michigan

94%
86'A

80

80

"91 'A

95

96
1

104 3A

95

__

95

86'A

%

104'A

86'A

96%

80

18
5

91

91%

7%

22

8

M-N

65

7'A

9Va

3

100

1041/4

12

96

105 'A

101% 101%

J-J
A-0

99

62

__

"62

A-O

1976

113

'

J-J

2615
1969
2044

inc 5s series A

ref 3%s series D

mtge inc 4s ser B
States Util 1st M 2%s

96

96

54 'A

96

53

,

67'A

69'A
94

95

-.a

54%
94

52'A

246

97

—

86 »/2

101%
72 'A

1st

2%s.._1976
1999
1970
1962

J-D

M-N

1957

F-A

58

58

61%

140

48 Vi

A-O

18

18

20%

124

13%

Finance Corp 23As
1st s f 5s series A

Hudson

Coal

Hudson

Co Gas 1st

Hudson

gold 5S

Manhattan

&

5s A

1st

income 5s

AAdj

95'A

15

Feb 1957

Hocking Valley Ry 1st 4Vis
Household

95'A

126

126

95Vi

126

6

95%

86%

18

106'A

95'A

21

86'A
106'A

6

86 3

79

106'A

If-N

100'/4

106

If -8

99

series C

ref 5s series G

M

Telep 2%s series A

1981

J-J

.—1951

J-J

97%

97%

98

97%

34

1st

1st

gold

Mountain States Tel & Tel

4s

gold 3 Vis

Extended

1st

1st

gold

Collateral

1951

gold 3 Vis

trust

Refunding

Cairo

4s

Div

1st

&

1st

1951

Lines

1st

gold

4s

1951

Joint

1st

ref

St L

series

5s

&

1st

ref mtge 4s

Illinois

Vis

4

89

100'/a

98%

106

43

67'A

96'A

J-J

96%

F-A

&

ser

96%

96'A

8

"96

10

98

J-J

97'A

96'A
100%

J-J

97
96

__

102

F-A

J-D

86'%

88 Vi

89

J-D

79%

79%

101%

82

95 'A

95'2

1963

J-D

A

1970

J-J

gold 4s

1950

J-J

1986

J-D

Ry

108 »/a
100

100
100

98%
190

"f-8

J-J

1963

D

1st

Union

Imp

96'A

1963

A

Ry 4s ser

Indiana 111 & Iowa

Ref

106 Va

84%

99

103%
101 %

O—

N

C

series

Terminal

Indianapolis

&

102

58

__

'A

74

811/4

55

73

75%
"100'2 102

--

98%

92%

70
9
--

Products 2%s debs_1970
National Steel Corp 1st mtge 3s—1965
National Supply 2%s debs„
1967
ANaugatuck RR 1st gold 4s
.1954
Newark Consol Gas cons 5s
1948
New England Tel & Tel 5s A
1952
1st gtd 4Vis series B
1961
3s debentures
1982
N J Junction RR gtd 1st 4s
1980
New Jersey Power & Light 3s
1974
New Orleans Great Nor 5s A_—-—1983

2Vis ser C

971A

Northeastern RR—
Ref & Imp 4 Vis series A
1952
New Orleans Term 1st gtd 4s——1953
{New Orleans Texas & Mexico Ry-~
§ANon-cum inc 5s series A
193a

101%

A

1952

A

971/4

48

49%

59

98

A-O

20

20 'A

49

141/2

46'A

7

40%

59%

A 1st gold
5s series C
§Alnternat Hydro-Elec deb 6s

1956

J-J

43

43

46

7

42

1944

A-O

65

65

66

67

65

106

Int

1972

M-N

99%

105

A

30

44

series

B

July 1952

.

Rys Cent Amer 1st 5s B

102% 102%

--

1

59%

■

J
James

Frankl & Clear 1st 4s

1959

Jersey Central Pow & St 2%s

—1976

-1954

deposit

•

J-D

69%

69%

71%

25

MS

95 'A

95 V2

96'/e

16

69%

'

951/2

4 Vis series D
Certificates of

5Vis series A
ACertificates of

New York
4s

Cons

K
J-D

100% 100%

4

Kansas City Southern Ry 1st 3s
1st mtge 4s ser A
Kansas City Terminal Ry 2%s

1950

A-O

103% 103%

6

1975

A-O

1974

A-O

%

1987

J-J

115

115

7

115

105V4
123%

1961

J-J

45

45

1

45

68%

1961

Plain

tAKreuger & Toll

5s

102

j-j

95

j-j
J-J

105

100%

1051/4

103%
96

100%

__

2

95

112%

104%
105

88%

37

43

58%

64

69%

95»/4

js

75

75

77 3A

30

75

96

61

85%

Lautaro
A 1st

Nitrate

Co

102%

183%

100

101 'A

33

series A

67

46'A

47

48 'A

F-A

& ref

sink

&

ref

5s

1st

Leh

OAs

1970

1 %

15

1 %

F-A

fund

5s

1964

stamped

1 'A

Val Harbor Term

gtd 5s

4s stamped modified

4Vis

stamped

88

1974
igss

2003

modified

_2003

102%

1%

series

4Vis

88

103%

99%

75%

91%

page




30.

85'A

_

101%

83%

_

87
87

5

83
82

84

87

1

82

87

76

59 %

61

23

58

64 %

13

62%

70'A

41

31%

33%

328

18%

39%

68

68

70'A

264

62'A

85

U-N

68%

68%

70

63

84%

If-N

32%

If-N

29

39

31

32%
"29

A-O
A-O

M-S

F-A
4-0

40

15'A

177

If-N

20

20

21'A

A-O

68

68

70

57

68

70

186

F-A

68

US

60'A

84%
85

60

7

60 Vi

60

104'/a
100 'A

102 3/a
101 'A 102

32

63

62'A

6

78

106

103%

53%

55

55

53

63

67%

68'A

25

65

74

M-N

63'A

64'A

31

59

68

If-8

92%

93

53'A

&

92%

3

101'A

2-

92

99%

92

92

98'A

99Vi

22

103'A 103'A

34

103

~2

103%

106 Va

6

105

109I/4

118% 118%

5

118 Va

124 V2

101'/a 101%

6

101'/a

101%

F-A

i-D
A-O

"95

j-d

103'A 103%
105

A-O

105

90

101

99

"90

M-N

104'A

IO6I/2

991/4

96%

Xf-N
j-d

j-d

98'A

101

__

F-rA
US

103 Va 103'/a

1

103Va

100

J-J

101% 101%

10

IOOV2

105

JS

102

102

106

_

1

102

A-O

99%

106%

78 Vi

30

99'A 100%

j-j

1057/a

78'A

A~-o

82 'A

d81
83

P-A

83 'A

d83%

95'A

121

80

2

86

83

95%

51

81 Vi

83

99

87
102

971/4
IOIV2
95 Va

97%

89 %

28

79

d87% 101%

39

86

106 Vi

86

101%

d80

90'A
87 Ve

90i/a

81%

65 'A

316

641/a

A-O

72%

62'A
67 %
74'A

60'A

65 %

193

72%

82%
92%

J-J

80%

80%

81'A

46

801/2

98

77

94

61'A

60%

61%

26

60%

P-A

61

61

1

60'A

74'/a

F-A

61

61'A

9

61

77

F-A

"60

66%

57

72%

60 'A

61%

20*3
2043
1973
1973

76

j-j
F-A

91%

j-d

14

91%

101%
97'A

85

5

85

86

87

11

86

101'/a

99% 100

86

F?4

8

99

103

"101

If-N

—

*

—

100

103

110%

100

110

112'A

100

JS
j-j

64%

80

74

2

68 »/4

85%

68

16

53%

83

67%

A-O

67'A

74

—

—

8

19

66%

If-N
M-N

92

81'A

85

A-O
A-O

124

M-N

"7%

7%

8%

163

7%

2007

J-j

62%

62'A

64'A

678

60'/a

70

mtge conv inc 4'As ser A.2022
{AHarlem River & Port Chester—

May

27 »A

26%

28'A

722

26%

381/4

-——-—1954

M-N

96%

96%

4

96%

104%

M-S

ref

&

4s

mtge 4s ser A

A Gen

——.

Ont~&

Light 1st mtge 2%s_1975

N Y Power &
N Y

1st cons gtd

Putnam

&

Y

82

__

__

33 %

"•121

14

68

8

127 %

__

__

__

100%

99

99%
"110

31

45%
43

99%

10

113

100% 101'A

5s

N Y

Telephone 2%s ser D__
{§AN Y West & Bost 1st 4'As

1937
1940
1943
—1982
1946

Niagara Falls Power 3'As
1966
Norfolk Southern Ry Co—
A Gen mtge 5s conv inc—
2014
Norfolk & Western Ry 1st gold 4s_1996
Gen

Central
&

ref

gen

68

8

3%

4%

60

3

5%

21

96

1041/a

15

59

103'A

103%

5

105

107

96

96

96'A

61

61

62

105

105

32

32

"

j-j

js

105

JS

32
"

F-A
F-A

99

34
14

14
*

j-j

U-a

94%

94%

7'A

7%
108

A-O

127%,

108

45'A

45%

A-O

1997

registered—

-

2

»

77

99%

94%

211

7Vi

10

107%

45%

47

99'A 100 VA

43

33%

17%
92

101%

20'A
109

48%

127

136%

126%

15
--

126%

128

50

100% 101

Qs

9%

8'A

126%

77

__

108%

120

Q-J

29'A

83

96%

127% 127%

-1974
1997

5
-

14

79%

xr-n

j-j

& ref 5s——1974

4Vis series A

Northern Pacific RailwayPrior lien 4s
4s

9

7

64'/8

66

65

62'A

62%

128

991/4 .113%
96

60'A

109'A
76 Va

52%

General

Jan 1 2047

Q-F

64 '/a

registered
—2047
Ref & impt 4 Vis series A
2047
Ref & impt 5s series C
2047
Ref & impt 5s series D_—_—2047
Coll trust 4 Vis
1975

QrA

62 Vi

JS

90 VA

90 %

92

10

88%

101

j-j

96

96

98

15

91Vi

104

96'A

96'A

97

16

92

103%

&

98'A

98 Va

99'A

75

98'A

103'/a

98

104 Va

96'A

104'/a

98%

101%

128%

109%

116
118

102%

99
99

109%
48

4'As

8

3%

80

118

22

gold

§AGeneral gold 5s
§ATerminal 1st gold

14

8

65

1017/a

__

99%

1977

J-d
Us
A-O

20%

38%
121

35

__

99

42%
39%

30%

49

40

103% 110

28%
27

35

%
65

110

145

30

4s—-1993

2%s:

Steam

Corp 1st 3'As
1963
{N Y Susquehanna & Western RR—
§lst refunding 5s
—'.——1937
N

North
29

"27'A

1949

see

99%
__

62%

1951
..1963

______

101%

59 'A

|f-8

Co deb 5s

101%

64 Va

Jf-S

stamped

95%

J-J

A-O

85

68

31'A

72%

2013
RR—
1997
1997
1998
1998
1998
1998

B

Debenture

1st

3%

85

F-A

Xf-N

62'A

68

1957

A

105%

100%

87

M-N

footnotes

9

84%

1949

For

96'A

5

"82

1949

(Pi

26

F-A

1962

Guaranteed ref gold 4s

debentures

91'A

"99

Long Island unified 4s

3s

85

88

"84'A

Little Miami gen 4s series A

Lorillard

38

85

F-A

2003

„

4 Vis registered
2003
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951

4s

88 3A

"99

1974

registered

88

95%

—

1964
__

stamped

82%

A-O

{N Y New Haven & Harford RR—
§ACollateral trust 6s
1940

§A2d

Lehigh Valley Ry Co NY 4Vis ezt.1950
Lehigh Valley RR—
4s

88'A

I954

sink

47

US

F-A

Mtge 4s series B
N Y Lack & West 4s series A

{ANY

A-O

1954

fund 5s_

& ref. sink fund 5s

5s

j-d

86 »A

36

-2013

Mtge 4s series A_

N Y State Elec & Gas

5s stamped

1st,

1997
1975

67

u-a

—

registered
gold 3Vis
3Vis registered
New York Chicago & St Louis^Ref mtge 3Vis ser E
1980
1st mtge 3s ser F
—1986
N Y Connecting RR. 27/aS ser B—1975
N Y Dock 1st gold 4s
1951
N Y & Harlem gold 3'As
2000

187

100

Ltd—

mtge income reg

Lehigh Coal & Navigation Co—
S F mtge 3 Vis scr A
Lehigh Valley Coal Co—
1st

j-d

5

67

A-O

Central RR Co-

&

1st 4s

1997

64 Vi

"62 'A

West ref 4s—June 1992
A General 4s
-——1953

V4

100

L
Lake Sh & Mich Sou gold 3 Vis
3 Vis registered

90

19®*

3Vis registered
Lake Shore coll gold 3 Vis

108

112%

180

__

"168

A-O

_1959

ctfs

36

95

102

A-O

—1964

-

100

"112'/a

1961
1997

unguaranteed

Kings County El L & P 6s
Koppers Co 1st mtge 3s

9 7'A

'

_1961

1

4 '/is

96

97

17

48

89%

deposit

impt 4Vis series A
Ref & impt 5s series C
N Y Central & Hudson River
General mtge 3Vis
Ref

105 »A

A-O

97 Vi

100 »/4

71'A

Moo

A 1st

93

Kanawha «fe Mich 1st gtd gold 4s—1990
Kansas City Power & Light 2%s
1976

__

58%

100'A

46%

deposit

3Vis

Kentucky Central gold 4s
Kentucky & Indiana Term 4%s
Stamped

1956

5s series

Mich Cent coll

97%

43%

7

70

——

C-—-—-A Certificates of deposit

65%

J-J

5s

—

-

A 1st
48

J-J

1956

Adjustment 6s series A

A 1st

deposit

of

series B.
A Certificates
of

A 1st 5s

{International Great Northern RR—
A 1st 6s series

Certificates

A

101%

43

—

95
111
100 3(i

89'A

Orleans &

New

A 1st
"

———1986

3s ser B_

1st mtge

National Dairy

Co—
--

99

N

85%

95

yyVi

96 V8

2

99

100'A 100'A

& St Louis—

Nashville Chattanooga

100%

26

loi':

Chic

1st

ref

93'A

76%

Registered
111 Cent and

101 Va

98%

109

106

46 3A

71

93'A

95%

"108Va

104

80

'

—

~8

102_

105%

73'A

—

70

101%

105

73%

J-J

3Vis__.1951

gold

1st

23

1955
2%s_—1986

106'A

105

95
105

J-D

1951

3 Vis

Springfield Div
Western

F-A

1951

gold 3s

5

98

m-jv

gold 3Vis_.1953

gold 3s

96%

29'A 100'A

m-jv

1951

gold 3s

26 'A

J-J

1950

Term

96'/:

m-jv

1953

4s

St Louis Div & Term
Gold

A-O

1955

gold

Bridge gold 4s

Omaha Div

99%

1966

Div

101%
71

1952

5s

Louisville

9

101%
101%

1955

4%s

Litchfield

101% 101%

A-O
M-S

1952

gold 4s

trust

Refunding
40-year

J-J

102

1951

Purchased lines 3Vis
Collateral

"101

1951

sterling

3s

M 4Vis series B

Constr

105%

Illinois Central RR—

99i/a

5

99'A 100

is
i-D

1967

B—-1966
1958
1st gtd 3ViS——2000
series A
1955

5s

102 Va

j-J

i-O

gold 5 Vis ser A
1949
ref gold 5s series H
1980
A 1st & ref 5s series I
1981
Moh'fc & Malone 1st gtd gold 4s—1991

Constr

106%

98%

13

100'A

is

&

Morris & Essex

103%

—

r»

Monongahela Ry 3'As series
Morrell (John) & Co 3s debs

Illinois Bell

80

1001/4

1001/4

"7
—

81'A

j-j

AConv

A 1st

4

1965
1915
—1977
1978

4s

& ref 5s series F

99'A

A-O

1978

adjust 5s series A—Jan

A 1st &

102 'A

102

J-J

1962

B

series D

4 Vis

93

95i/a

'

series

4s

lien

Prior

77%
102

101%

100'A 100'A

us

40-year

78'A

__

95%

"96

j-d

M-n

A General

64

80

95%

1955
1979

A 1st

23Va

"23

1st mtge 3Vis_1969
!
1968
1st. ext 5s
to*"
Minnesota Mining & Mfg 2%s
1967
Minn St Paul & Sault Ste Mane—
1st mtge 4 Vis inc ser A
Jan 1971
A Gen mtge 4s inc ser A—Jan 1991
Mo Kansas & Texas 1st 4s
1990
Missouri-Kansas Texas RR—
Prior lien 5s series A
1962

140%
90

85%

"100%

102'A

109%

If-N
j-j

u-a

1st gold 3Vis
Ref & impt 4 Vis
Michigan Cons Gas
1st mtge 2%s
{§ A Midland of N J

97%

98

84%

1951

C~tral—

Jack Lans & Sag 3Vis

{Missouri Pacific RR Co—
A 1st & ref 5s series A
95'A

M-8
J-J
J-J

1949

mtge

71'A

"100

101%

H
Water

71%

M-N

A-O

ACum

Hackensack

1966

8

95
86

J-J
J-J

1975

Gen

Gull

101'A

—1972

113'/a
112%

J-J
J-J
J-J

1959

(Southern Lines) 4s—1959

AManila RR

May Dept Stores 2%s debs—
Mead Corp 1st mtge 3s
r,

Ohio RR

&

4s series B

mtge

1st &

101'A

1954

4s sink fund—Feb 11957

Sugar

122%

Feb

Greyhound Corp 3s debs

Gen

103%

j-d

j-d

113

Feb

Bay & West deb ctfs A
Debentures ctfs B
Mobile

86%

98

"7

1960

A

ser

121 Va

113

J-J
J-J

1976

.

Gen

1st & ref

77

85

98'A

—

J-J

1973

C

Gen

Gulf

98'A

Co—

series B

series

General 4 Vis series D

a

98'

RR 4Vis

mtge & coll 4s ser B

1st

Manati

2%s_1965
Grays Point Term 1st gtd 5s—
1947

A4s

Goodrich

--

100%

104
104

115%
106

lien

3s_

3s

Northern States

Power

1st mtge 2%s
mtge 2%s

(Wise)

1st

mtge

61

Co—

(Minn)
1st

2

2%s

1974
1976
191?

98%

F-A
96'A

A-O
A-O

—

96%

"95'A

96%

14
--

72%

29

30

THh CUMMEKC1AL a,-

(2334)

•

FINANCIAL CHRONLCJLE f,;'

Monday
J."'

.

YORK ; BONO; RECORD

NEW

V

RANGE FOR WEEK ENDING DECEMBER 5

BONDS

Interest

Last

Week's Range
or Friday's

Bonds

Range Since

New York Stock Exchange

Period

Sale Price

Friday

Bid & Asked

Sold

January 1

NO.

Low

Low

Friday

High

BONDS

New

York

Stock

Week's Range

Interest

Last

Period

Exchange

Sale Price

or

Friday's

Bonds

Bid & Asked

High

Low

"

Shell

Union

Oil

2%s

debs

High

Range Since
January 1

Sold

No.

Low

High

A 1st

guaranteed

4s

1948

Ohio Edison 1st mtge 3s
1st mtge 2%s

J-J

10%

10%

10%

20

10

19

.1974

m -a

100

100

100%

11

1975

A-O

93

93

93%

19

1975

f-a

93%

93%

5

RR 3s ser A—1960

a-o

103 y4103%

43

103%

...

Oklahoma Gas & Electric 2%s

Oregon-Washington

_

103%

A-O

92%

93 y2

1941

F-A

39

40

Skelly Oil 2"/4s debs
Socony-Vacuum Oil 2yas

tOgdensburg 3c Lake Champlaln Ry—

1971

t§ASilesian-Am Corp coll tr 7s

1965

J J

98%

99 M»

17

1976

98%

j-d

103%

92%

93%

99

1963

92%

A-O

100%

124

1979

J-J

101% 102

100

107%

South &

93

103 V*

ouuLiituu

93%

103

3s

106%

2%s

Ala

Nor
ticil

RR gtd

Southern

&

ref

3l/as

series

I

1965

j-d

&

ref

3s

series

J

1970

j-d

1971

j-d

ref

3s

series

K

1st

&

ref

L

1974

St

ref

3s

series

M

1979

St

ref

3s

series

N

1977

j-d

1st

St

ref

2%s

series

P

Pacific

Tel

2%s

3c

series

Tel

2%s

1981

-1987

Paducah & 111 1st s f gold 4%s
1955
Paterson 3t Passaic G & E cons
5s_1949

Pennsylvania-Central Airlines—
A3M»s

Pennsylvania
Pennsylvania
Pennsylvania

i960

Glass

ctfs

Sand

Power

&

1952,s

3%s

i960

10

100%

A

100%

109'/a

5

100%

109 y2

93%

5

96

75

93

104 y2

96%

102%

96%

7

102 y2102%

55

m-B

—

»—* 0 CO

1

1

—

■

a-o

38

41

103

103

38%

Jf-ll

Pacific

j-d

—

a-o

m-n

Gen mtge 4V4s
Conv deb 3%s
Gen mtge 3y8s

91%

91%

90%

90%

J-J

113%

A-O

91%

111%

103%

106%

1951

101%

108

J-J

103% 103 3/a

1

102%

104%

Sunray Oil Corp 2%s debs.

99% 100 V*

34

99%

99 Va

10

99

__

100% 100%

5

100% 100%

2

10135,

103%

115

1

110

122%

j-d

98

100

211

1968

j-d

98

101%

101% 104%

102

igsi

A-O

92%

92%

93%

1984

j-j

—1985
i960

96 V„

101%

2%s

Co

Ref & imp
Rei

lib^a

92%

92 Va

94

23

91%

Apr

96%

97%

81

95%

103%

77

77

77

13

77

101

61

61 %

13

59

a-o

Apr

1974

f-a

1980

M-B

18%

17%

18%

91

12%

42

100%

"106V4 106%

100%

100% 100%

106

.

—1972

M 4s ser C
%s series D__

M 3%s

39

F-A

11977

j-j

1961

118

j-j

4>/4s

"102y4 112

.

106%

Co—

118

106 >/a 106%

1

120

__

5

M-N

99

25

99

98 y2

99'

31

98%

A-O

93%

1970

98 y4

98'/2

13

98%

1981

j-d

98%

105

—1937

j-d

98

98

12 y2

12%

11%

1964

f-a

1988

1974

9934

i2y4

1st

6

37

OH

1971

3%a

tr 2%e
3s deb

.1967

Pgh Cmc Chicago 3c St
Louis
Gen mtge 5s series
A
uen mtge 5s
series B

3%s

2%s

2,Se * Chern 1st mtge
Pittsburgh Consolidation

S%&

15

101

125%

17

101%

127 Va

88

If-Jf

87

__

5

87%

102%

Cons

104

102%

26

100%

104

oeb

f

cons

4s

102

14

101

j-d

105%

102

102

102

9

102

105%

j-d

82

82

a-o

81

81

a-o

83%

j-d

101 y4101 y4

F-A

196*

"115
—4

6

75

3

73

A-O

95%

95%

96

97%

97%

98

13

g 4s
series B

1958

jej

73

& Coke

1st

1978

1957

1st

99% 100

1958

A-O
M-N

_

1955

101

115

1970

103

inc ser A^_
Jan 1981
Gen. mtge inc 4 Mat te* B
Jan 1991
1st mtge 3mi8 ser B—
1971
Walker (Hirami Q:Sc W;:2%$ debs-1966

117

98%

101%

Ward

113

10

5%s debs

-

O—1995

(subordinated)—

3V4a

I960
'

Corp—
___

1977

~~1967

mtge: 3^5 aeries I

ige*

31/48 6erlea ■'
* Louif 1st 44a—

-1969

4y«a stamped

108%

162

164%

Westchester

242

:

97%

103%

1

86%

Maryland 1st 4s_
Pacific 4MfS inc ser

102 ;

105

59

"6%

w

,

7%.

60%

7

1971
199-

1955

' " '

•

-

2022

Louis-Southwestern

Ry
certificates

bond

ctfs

St Paul 3c Duluth

1st cons

Paul St Kansas

a-o

96%

10

81%

.1952
V?,

lggf

96

400%

94

-

90

88

9

105 Va

<

92%

100/

—

105
-

109 y2

M-N

16

105

10

loeya
97%

106 y2

97%

99

82

A Certificates

Electric

Public

,

-

J-J

45

76 y.

95

87

54

75

,

97 y8
60

55%

/

mil 101%

58

.

57%

6

100%
97;

103

57;

18

•

ii

j-d

'c-;."ii

MrS
-

"__•

of
.

ArO
J-J

,

■

,

70%

if-N

16 Va

j—

l00.Vv-:\102%
V96.;'

98 Va

UK

.

v

70

82

16%

17%

102 1 .'j

13

s

v

60/i

,

"16V2

j-b
v'

,94

51

;

82'%
,75%

66,.

97

'

__

94 y4

8

.9^, 102.
403%

j-j

101

80%

80%

82%

172

79%

92%

51 %

52%

391

37%

57%

US

100

J-J

j-j

f-a

100

101%

87

87

90%

90%

91%

46 y2

46

14

100

2

83

90

51

78

Yonkers Elec Lt 3c Power 2%s_—_197fl

101 Va

97

97%

*

a

Deferred

Included

47%

J-J

105

104%

j-d

193

not

32'/8

47%

105 V4

a-o

106 Va

in

delivery sale not

the year's range

included

In

the year's

n

Included in the year's range / d Ex-interest .'. t Oddriot 'sale i not
Under-the-rule sale not Included, in the year's range.
rCaeh>sale

range,

y Ex-coupon.

1989

US

ii

126%

130%

1998

J-J

Gen mtge 4y2s ser A
.2018
Seagram (Jos E) 3c Sons 2%? rtehs_196P

99%

99% 100

122

j-j

99%

62%

101%

62

63%

^Companies reported as being in bankruptcy, receiverahlpr.or reorganised> under
the Bankruptcy Act; or securities assumed by such .companies ,
,

144

»-d

58 %

94

94

76 Va

94 Va

11

94

98

.

ser

A




,

,}

92

'

51%

1941

A

-

15%'

^Negotiability impaired by maturity.
fThe price represented, ie the'dollar quotation-per 200*
pound unit of bonds. 'Accrued Interest payable at the exchange rate:'«f-.-t4A484.:'V'-..,"

1st mtge 4s

,

105%

'116% .118%

yj'4

147

,

3y4s_—.1971

106

.9»;MPl.%V

1

2%s.

V*
72%

106%/:

96%

102% 103%

•;:__v,-;^112

j-j

deposit.,—_

Power

102%

76

55%
104%

99%
.

j-j

y2:

103

6

,41

,

Jf-N
:

,

93'/a

97

f,

,-58

98%

92%

85

101
,

.79%

187,

91%

1

85«/4

MS

1st 4s_i.__\.__1960 >:

8ervice

./•; 107%

100 */* .106

21

98

<

•92y2i

'

j-j

M-S

IASU & Du div & term 1st 4s__

Wisconsln

.

109%

100% 100%

97%

M-S

M-S

.

f. » ^ ..."
' 1
>
.qo. 1st mqrtgage 3s—.—1,958

Wisconsin

.

113%

105%

99

100%

;

103

99

107% 107%

r

<107%

60

100% 101%.

—

102 y2

"109% 113%

.

107 Va

50..

*•'

"*

IWlsconsin .Central Ry
§ A 1st .-general 4sl_.
A Certificates of deposit

105%

91%

54

"98

May

1992:

15.%

96%

10

105%105y2

"106%

A-O

^_^-196Tt;

ser

7%

j-j

All—1990

—1971

2%i8

Wilson &

May

gold 48.1966

St Paul Union
Depot 3 "4s B
Scioto V & N E 1st gtd 4s
Seaboard Air Line RR Co—

aeries

ref M

mtge

Wihston-Balem S B

City—

,Llne RR gtd

102 y2

v

,

;_^1971,.

13%

81%

109

j-j

Nov 1989

AGen & ref gold 5s series

96%
»—■

80

92

77

92

"51

J-J

A—2014

—„—

60%

;

MS

105 m»

J-D

-

4s' guaranteed—-2361-.

P

'

iflpn

V 1st

'

J-J

1st

41

47

10

7

95 y4

91%

F-A

-.wiieekdg.8^qel3y<s ,6eriesc.^i^l970f^

11R.

108% 110

9

7%

106%

10

76 y2

93 y8

"93%
91%

Q-Jf

Registered-'
—,,--.A-._^236i..v
Wheeling & Lake Erie RR 4s
..1949

*

:

60%

Shdre'

Gen Ac
108

w

..1995

.

2%s debentures

.

West

"128

108 y2 108%

92%

F-A

tFuhding. 3c real estate 4yat-—i-1950.
25-year gold 5s...
;
1951. %
30-year 5s J J
;—_..___1960
Westinghouse El & Mfg 2y«S_—-1951
.

99%

s
a

6t Louis-San
Francisco Ry Co—
f
1st mtge 4s ser

I

102

53

US

1934
.1941

87%

106

97

'

j-d

Ltg .5k stpd; gtd——1950
mtge 35/2s___,
_1______1967
West Penn Power 3%s series 1^—1966
Gen

Western Union Telegraph Co—

98

Msf

US
us

•

inc

,102

M-M

I949

•tPd

StLawr At Adir 1st
gold 5s

bond

Jf-N

•86%

98

63

82%

v.

ik'Sb*

A-O

1970

ill

:

86%

81%

Jf-N

237

Jf-N

99 %
98

t

M-N

;

Warren RR 1st ref gtd^old 3yas„2000,.
Washington Central Ry 1st 4s^__il948
Washington Terminal 2%s ser A—1970 /.

1

aer

100 V*
111

Baking Co—

106

j-d

98

98 %
97

81%

f

Ajpr
Apr

<

108%

103
'141

J-J

"

104%

98%
107%

17

95
107

If-N
j-j

97 m»

1

97

Apr

Walworth Co. conv debentures 3V4s,197Q

107%

113
"90

109 Ye

'•

Gen mtge 4s

,

106%

__

8=

us

12

111

W
Wabash RR Co—-

101%

101

j-j

.1964

A—..,
mtge inc 4 Vis ser A

100 %

102%

92

__

"105%.

97 38

j-j

1998

5s

cons

97%

MS

2003

Virginian Ry 3s ser b

"115

Jf-N

2037

stpd

95%
97 %

.

108

MS

gold 5s—1949

91%

F-a

2037

5s

100%

M-N

.

P

98%
103'/4

V 92

F-A

1957

series A

-•*

3c

92%

%

99 Va

87

15

M-8

92

91%

20

__

"118%

jrj

1977

;

ser

16

.1959

1st & ref mtge 2%s ser E_

Va Iron Coal

102

1—1968

314l~

3s

11

..1967

3%s debs

Pictures

s

Western

2d gold 6s
8t L Rocky Mt

44

92

M-N

Va & Southwest 1st gtd 5s

102

j-d

Quaker Oata 2%s deb.

fiaguenay Power

89 y4

99% lOO'/i

A-O

.1976

debentures

Western

RR

88%

.1966

debs

Virginia Electric & Power Co—

j-d

J-D

ret mtge 5s
ret mtge 89

4*

105%

M-a

Vandalla RR

103%

102%

j-j

1974

3v4s
tAPrnvideqe? Becurltlcs U^.^
n«ce TerrQinal 4a

8natflan

112%
104 y4

102

7

119%

,

103%

^1977

Gen mtge 4 Mrs series D
Gen mtge 3%s series
H„

102

RR—

2%s

S Rubber

118

D_

Elec

108%
100

102

104 y2

118

104

194a

„

*££ mortgage

3c

107%

"98%
102

106%

"110

1959

»eVlrC„.C0PPer & Brass

102

96%

2%s

195a

Potomac El Pwr 1st U
3%s

Rochester Gas

97

__

97%

Universal

Il960

1st 3c ref 3%s

105%

121 ya

101

1962

htilmr ^
ist 3c ret
mtge 3s

100%

28

107 v2

C—

inv

70

96

104

__

18

115%

1950

B

series

7

__

u

A-O

Fltto Youngstown
& Ashtabula Ry

%.s series

100%

98%

112

102

3y2s_1864

4%s series B
1st mtge 4'/2s series
C

5s

104

79 V4
41

1991

107%

j-d

4,/2s—1950

;

101%
*

157

98

107

a-o

St West Virginia
Ry
series A

A

5
18

64.%

97%

118

a-o

1965

series

61%

96%

115

1975

1st mtge 4y2s
1st mtge

5s

105

F-A

"112

Coal—

1st gen 4s series

95 %

J-D

jf-n

1979

debentures

fif61 ist mtge
4yas series B

99%

3

96

1976

F-a

F-A

~1975

p

103%
137%

RR

E

ser

93
90

124%

.1970

debentures..

Union Pacific

U

1964

5
3

96%

J-J

Ref mtge 2V2s series C
United Biscuit 23/4s debe

"i960
~1963

62

M-N

coll

106

gtd 4V2s series I
Cons gtd 4%s
series J

106%
107%

5

101% 101%
82% 82%

A-o

Calif

of

102%

Cons

129

99%
103

debentures

2%s

104 %
10u%

of Mo

106

no2

95%

,

j-j

1960
Jan 1960

.1975

mtge &

Union

12%
99%
99

Co

Electric

102%

?8t

103%

U
Union

14%

99%

f-a

93 y2

90

MS

106%

series

93

124% 124%

Corp 2%s debt—.1961

102%

4s

99%
103%

115

5
46

100% 100 %

110

A 2d

106 Va

98

4

98

103%

Jf-N

4s

115

104

MS

j-d

4s

*

101
5

J-D

1957

1st

92%

98

1st gold 5s—1949

1953

A 2nd

56%

101 %

98

j-d

on 3%s

RR of New

F

at

15

Pacific-

gtd 4s series G
Cons gtd 4s series H

Cons

ffARutland

104%

45 Va

__

90

J-J

Pacific-Missouri

105%

12

99 y2100 y4

j-d

Pgh Cine Chicago & St Louis
Ry—
Cons gtd 3y2s series E
ig4g

98

98%

j-j

& L Erie 2%s__
1996

Pittsburg Bessemer

n

93 y4

110

103

A-O

1st ref. 4s—
AAdj income 5s__—

1051/4

.

51

115
98

J-D

105%

98 V*

tin

87

V101% 101%
92% 93%

103%

.1990

Tri-Contlnental

2%s

in t«?onTm^

94'/4

108%

ref

Gen

105 y2

102%

98

A-O

.2000

Term

126%

105

3c

§APhlllppine Ry 1st s f 4s
■f Certificates of deposit
E.ALps Petroleum 23/4s debs

w

117

102

j-j

5a

Third Ave Ry

130

M-N

♦

!

106 y2
121

106

rr—

ser C

Trenton Gas & Elec

118

M-N

Reading Co

103
109

__

,1986

Tol & Ohio Cent ref 3c impt 3%s_1960

1974

1974

1st 3c

103 y4

6

"100

--

.2019

Gen 8c ret M 3%s ser E—

106 y«

1971

1st k

91

12

"49
■

••

92%

.1966

1st. gold

Pacific

&

Texas

105

—1967

APlttstonx'o;

94 y2
128

12

93%

—

JS

ref M 3»/4s ser B—

1st & ref

Texas

75%

2%s

4

98

107

"102

—

J-J

imp 2

dc

1st &

118%

97%

j-j

2%s

gen

92%

111%

111% 112

__

F-A

1966

debs

Texas Corp 3s deb...
Texas 3c New Orleans

125%

2%s

&fen

60

Terminal RR Assn of St Louis—

11R i'.

ref

lst

89%'

•

104

a-o

Apr 1990

Ry 5'/2s
3%s ser D

100%

89

1952

tr

100%

1st

-ir.

89

105

100 y4

ret

gen

94%

89

4

106'/a

99

16

105% 106%

94

Jf-N

*

Standard Oil

100

104

106

A-O

ASpokane Internal 1st gold 4%s—2013
Standard Oil of Calif 2%s debs—-1966
(N J)' deb 2%s——1971

1

3c

ilst

91%

105%

Bell Tel 2%s debs...1989

89

119% 114%
"

& gen 6yaS series A.
Memphis Div 1st gold 5s
St Louis Div 1st gold 48—

98%

83 y4

100
84

80%

89

l-O

1st 3c

^.j

83%

83
—

80

A-O

1st

1st mtge

81

91

102%

*
--

J-J

1965

F

Philadelphia Co coll
Philadelphia Electric

Pittsburgh

97

90%

83%

J-J

J-J

1996

115

General gold 4y2s series C

3%s

92%

J-J

1956

m-N

Phlla Bait & Wash RR CoGeneral 5s series B

Peu

74

Co—

RR

1956

f-a

1948

series

ser

Pere .Marquette
Ry

gtd

81

--

101

Devel

—I960

Peoria 3c Eastern 4s ext
Alncome 4s
Peoria 3c Pekin Union

Cons

90%
97%

J-D

Devel & gen 6s series A—;

67

103%

Jf-N

ser A-1970

102%

8wlft '&

A-O

mtg 3%s

103%

38

104%

96%

96%

lu-

154

(:

93%

6

"81

102%

96

109 V*

68

96

104

"104

126

101

96%

MS

1981
1st

mtge 2%s ser E_
1986
1st. mtge 2%s series F
1996
1st mtge 2%s ser G
1961
Southern Ry 1st cons gold 5s
1994
Devel & gen 4s series A-.__„__1958

104

84 y4

15

94%

MS

1st

93

126

--

96%

J-J

1977

4VaS

Southern

109

25

—

j-j

—1948

gold 4s

ref

100% 100%'
100 y4100%

A-O
A-O

___19G5

;

vons

1st &

109%

93

RR—

4» sterl stamped dollar.
sinking fund 4%s_„
General 4 y2s series A
General 5s series B
General 414s series D_

/-

101%

96%
—

1975

t debentures—

Pennsylvania
Consol

14

Light Co—

1st mtge 3s—
s

San Fr Term

Co—

jGtd 4s aeries E trust

3s

108 y4

Southwestern

inc debs

conv

Gold

101%

__

100% 100%

——

j-d

198"

debentures—.,

100%

109

29

j-d

1985

debs

debentures,:

■k 3 V#s

1994

99%

39

93%

j-j

1969

108%

102% 103
101% 101%

j-d

1st

"108%
102%

j-d

1st

3s

Ry 2%s

94

92%

4

Co—

(Oregon Lines)

Gold 4%s

1st

1st

St

4V2s

F-A

1987

Indiana
Pacific

1st

1st

1985

debentures

52

__

j

debentures

Southern

92%

i'ei Co—

lei 3c

debentures

2%s

Pacific Gas 3c Electric Co—

5s

92%

"127

/

6«etRm;,77 of
••

•

.•Friday's bid and asked. prices; no
a Bonds
selling flat

sales being transacted during current,week
...

TT

-

•

,

,

:

■Al

L
swwWwWfi *$5$Hffi5*',£

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fl«Ji< .V,'

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.

1

Volume 166 •' Number"4653

-

•• •■

••

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!«

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'""'".'t '

———»•—

NEW YORK CURB EXCHANGE
WEEKLY
footnote

a

the

in

deferred

and

NOTICE—Cash

in

week

delivery

which

in

sales are disregarded in

u.ey

No

occur.

account

the week's

taken

is

such

of

AND
unless they

range

sales in

YEARLY
are

computing

RECORD

the only transactions of the week, and when selling outside the
regular weekly
the range for the year.

ranee

are

ahnwn

In the following

extensive list we furnish a complete record of the transactions on the New York Curb Exchange for the week
beginning on Saturday
Nov. 29, and ending the current Friday, Dec. 5.
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include
every security
whether stock or bond, in which any dealings have occurred during the current year.
99
RANGE

Week's

Friday
York

Curb

Exchange

Range

Aluminum

Wire Co

Adam

Hat Stores

Low

Low

3

500

3%

3%

4

1,100

'%

"6%

6 J/2

8

3%

%

134
12 34

1

Alloys.

13%

6

Aeronautical Products Inc.....

1

3'

Aero

1

1

Supply Mfg capital stock

Agnew Surpass Shoe Stores

5%

Dec

12%

Feb

Bridgeport Gas Light Co
Bridgeport Oil Co

34

Oct

Brillo

Dec

11%

Feb

2

Aug

3%

Oct

British-American

Oil

1%

Dec

3%

Feb

British

Air

2

3'/4

3'A

3'A

1,300
600

3

"l

7/a

r

July

Feb

12%

Oct

31

10

"7/a

15~

10% May
6% Nov

2,800

Feb

American

41/4
38

Amer

Feb

dep rets ord

%

Nov

5 J/4

Jan

1,500

2'/a

Nov

9

Jan

Alaska

Airlines

234

3

6

6

6 J/4

700

Jan

7

Oct

Brown

50

80

80

84%

50

80

Dec

92

Mar

Bruce

(E

100

94 y4

94 J/4

94 J/4

25

94 '/4

Dec

103

Jan

Bruck

Silk

l

2%

2%

3 J/4

3,900

2%

Dec

5'/4

Jun

6% Aug
8' Dec

11%

Alles &

Fisher common
Allied Internat Investing Corp.
Allied Products (Mich) common
Altorfer Bros Co common.—

Aluminum

Co

of

America

53 >/a

53

96

53»/a

100

96 '/a

300

24 J/2

•

100

*

167

5,600

2

1

2

2 '/a

400

2

83

85'/a

•

18%

400
625

109'/4

Dec

900

2 >/4

i

41 J/4

41'/j

41%

150

31%

32 J/4

lu%

lo Va

It

30%

30%

American Mfg Co

25

16 J/4

16

16'%

common

Maracaibo Co

i

American Meter Co
American Potash & Chem
Class
B

American

II"

Products Co

_

Post

>

preferred—

321/a July

Apr

17 J/2

July

May

41/4

Feb

800

1 6

400

1.200

8'%

834

3'/a

3%

3 '/a

10

10

100

99 J/4

98'/a 100

X

5'/a

5'/a

5%

•

5

5

5 >/4

5

10

—

10%

lO'h

43%

Feb

23%

540

113

Feb

Nov

2.50

11 »/4

11 »/4

12

l

13%

13 Va

14 '/a

63

Atlantic1 Coast

Line

£x

8%

Amer

Coi'p. warrants—
Atlas Plywood Corp—.

50

Jan

10%

8%

24

Dec

Jan,

W)

(A

Co

11%

Central Power &

8'/a

.11 »/4

114

South

7%

14%

Feb

15 J/4

Nov

Aircraft

Chamberlin
Charis

Co

Corp

Nov

9%

Voting

July

7

Feb

^, Baldwin Rubber Co

common..

■■,

Feb

Cities Service

Jan

shares.
•
'
»f Barium Steel Corp..—..-...

Consolidated

Jan
Dec

Clarostat Mfg Co
Claude Neon Inc

i Banco do los Ande$-^- >

'

._

Barlpw»& Seelig Mfg-r
•;.
|| - $1.20 convertible A common...
15 f Basic Refractories Ipc
I,.

r

Bpuinian; (L) & Co

,

common

.714 Feb

Nov

&

5

16%

.

5%

57/a

12'/s|
16

5

l

1%
134%

„_l

Watch Co Inc..
Benson & Hedges common
U<
• Convertible
preferred.
% (Berkey & Gay Furniture

v

16; .'

100

j-: f Beiirus

16%

87/a

75

Ridge Corp

BlUm

it'f

(Philip)

BlUmenthal

m
134

6

,

Bohack
i v

V

7%

(H C)

1 '/a

Co

Borne, Scrymser
Bourjois Inc
Brazilian

Traction

For

133'%

see

42 »/a




Apr
May
Sep

1

Plow

Co

8%;

;__.j

1

1.

54

Dec

Nov

119

July

Dec

20

Jan

114

~4%

47a

63a

22,400

47«

7%

Dec

Oct

1%

Sep
Apr

3

Apr

9

11

Mar

J/4

800

6

May

9

Jan

250

30

9%

3,500

X78

99'%

60

19

19%

92%

92'A

50

9%

22,800

8% May

11%

17 J/4

17%

50

11% May

24 J/4

Jun

69%

75'%

240

8,3 %

Jun

~6

8

~6

32

~6

34

J/4

78

8 J/4

19%

9'/a

69 J/2

9

43%

May

8%

Nov

300

x78

Feb

17'/a

Dec

Feb

96%

.

15 J^ May

92J/4

Feb

2IV4 July

Dec

48

102

May

12

Apr.

12

14

3%

3'A

8

—

%

.!

400

|12

2,300

'
2%

9'/a

700

8 %

NOV;

151/4 NOV
41%/Jan.

,,

Jun

23%

24

100

11 Va Oct
191/e May

27'%

71 J/4

125

70

Mar

77

14

May

19

~

!

'

•f

(

9% NOV

,

70'/s

23%

Feb

:;.t, 23'% Feh/< j

Oct

•3%

Jan

22'% Jan

fl

12'/a May.
13

14

..'-'Feb

•;

Oct

,

J%. J8B
.

Nov

~5%

1,100

5 Va

Dec

7'%

Oct

5%
"a

'ti.

108

1,400

5

Dec

7'%

J

s

Oct

1,700
250

%
93

Dec

H/

Oct

15

*9'%

_9>%

500

.8%.May

15'/a

15%

400

13% May

2,000

1% Sep
1% Dec

10 % May

2

7

7

7

200

3%

3%

3%

700

3

7

7

7l/2

2,500

1

Colonial Sand & Stone Co.

6'%

-.1

6 J/2

4%

4%

25

32%

32%

—1

;4%

4%

Colorado Fuel & Iron warrants.—_—

Co
^

warrants-

Feb
Oct

9%

13%

NOV

Jan

Feb

41%' Feb
11% Feb

May

900

Hi

27»%

36%' NOV

JVa May

5% Aug

32,200

10

27%

25% Jan

;2,300

'5

1

Community Public.Service——25

Jan

166

Aug
4% May
3% May

3,100

5

»ri

28%

,

Jan

3%

10%

.2,900

6%
34 J/4

500:

8

27'%

Dec

.;

July

7-.. I Feb

J*..Aug

.

Jan

fl/!®

& Jan

,

!

Cg

34%

Jan

Compo Shoe Machinery—

3%

Jan

Feb

ext

to

$3

preferred

Consol G

ELF

100

4%

114

69%

'

70

-

■114'%

114

1,600
160

100

Feb

35 J/2

Jun

Consolidated

2%

Jan

Oct

11%

Feb

Continental

Car-Na-Var

Jan

May

2

Jun

43

Feb

-

Jan

'83%

Jan

112

Nov

118'%

Jan

Nov

110%

Jan
Jan

68%

Nov

—1

~8%

"8%

~9

2,103

x7% May

0%

74 34

74

76 '/a

1,675

63% May

85%

.10

2%

2%

2%

1.400

2% May

•

30%

30%

3 l'/a

2,500

13

13

13 %

3,800

7%

Apr
Jun

2%

600

2V4

Oct

1,500

■

21»%

Feb

3'% July

35%

Nov

15

Nov

Jan

11%

Jan

Nov

%

—5

Mining & Smelt Ltd
Consolidated Royalty Oil

May

10'%

6%

100

'

107

70

Bait common—

4 J/2 %

23
,

OH

GOO

34%

'%

'%

——

series B preferred
preferred series C—
Consolidated Gas Utilities

11

7 J/4

7.

—1

1956

& Coke Secur common..

Conn Gas

24% Mar

Consolidated

Textile Co

10c

Corp

Fdy & Machine Co—,

Cook

&

Apr

Cooper

37% May

55

Jan

132

Apr

Copper Range Co
Cornucopia Gold Mines..

<

116 '

May

May

4

Paint

Varnish

Brewing

21'/a

Jun

37

Feb

17%

Jan

Corroon

.22%

J°n

8% Noy.

201

Feb

$1

Cosden

1

12'A

12 »/4

13 J/4

34

34

class

5c

Petroleum

IO3,

convertible

preferred—

,

...

Feb

Aug

1,100

2%

9%

10%

2,950

8% July

16

4,800

% May

l'/a

Jan

1,300

9% May

Feb

10%

Dec

11

Feb

5,900

11%

2%

Nov

15%
4%

400

11 %

j»n

14% Aug

3 '/a May

6'% Nov

31%

3%

3%

13%

13%

1

'5 '/a

5%

5%

2,900

so

481%

4 8 J/4

48%

50

—*
•

common

Feb

3%

250

2%

13'/4

1

A

19%
41%

35%

%

9%

•

Reynolds

10% May
May

26

3% Aug

2%

1

•
&

preferred

2%

•

Co

common

Coro Inc

Nov

15'/a. Dee

Co

2%

..1

<

36

.

J-1

11%; Jan
Feb

49
3%

7

9i/a

•

ordinary—

Commonwealth .&..Southern

.

6% Aug

2'/a

1%

'4i>

Feb

9 '/a

.23'A

:'p,

Jan

41.-

15'%

1%

1% Mar

148,

Jan

15,800

•

Commodore Hotel

.

May

37 J/4

Airlines.:

Colt's Manufacturing

1

110

34%

■

5%

35.

Jan

350

Continental

1,500

43 '/a

150

Dec

334 i 914

170

135

15

"

Nov

54

135

161/4

5,300

5%
53

54

——100

Dec

-

10'%

9% Jan
66% Jan

Jun

16'/4

Jan

100

9

'/j

6%

20,000

3

15

1,300

34%

common

Development

13%

151/a
uU

10 Va

2

7%

•

•

lOVa

—

11

1,100

io

Mar

11

2,800

20

45

2

5,700

271/2

Sep

1% May

U

3 J/4

271/2'

Jan

33 J/2

4

9 J/a

350

3

175

1
,—-1

16 >/4

43

4,200

40%

10

3 '/a

42 J/2

Jun

1%

38%

——5

common

7 'A

25

165

150

"l'/a

40'%

108

Lambert Mfg

6% May

400

1241/4 1241/4

....

...

page

Feb

180'/2

Dec

8

9

__ioo
.

J_;

23

Nov

8%

9

Nov

-

"l'/a

5'%

121/2

25

Aeronautical
footnotes

3.»/4
15

•

Light & Power.;

Corp common

Brewster

;

Jan

8% Mar

May
l'/a July

8,900

Jan
Jan

—1

151/a

•

Co.

Dec

HJO

8

1

—

v,

1,900

1%

15'/a
15

7% Feb

16

1,300
t

93/a

8%

,1

common...

common

20 »/a

5

-.

9'/a May
9 '/a May

5

Consolidated Steel Corp common

_3

Inc.:

Co

19%

31

l

___

1st preferred...

Breeze

600
800:

2

137 >/4

8%

;

16% J

•

.common^.,;.^.:

& Co

(S). &

May
May

5 J/4

common.— .1

common..

Apr
6% Oct

9'% May

.

16

l
Birdsboro Steel Fdry <Ss Mach Co com.*
i

16

GOO

•

»v

Blue

Feb

11

July

3% May

200

6

14%

•

pi Blauner's

13

Colon

Colonial

Dec

Vtc
6

i

S) Shoe •.Corp.q.z
i; Bellanca. • Aircraft
common
fi-f Bell; Tel* of Canada—..;

Inc

Jan

8

14,700

Oct

42%

9% May

300

61

35

I

__.l

(A*

til Bitikford's

Cockshutt

37% May

100

'

i

} j ;• Beau-Br tun mel Ties common...
Becte

1,800

.1

i

1,

May

-10

Corp.^
Club Alum Products Co—

4 %'

22

1
,—100

Mining

17»/5

___!

May

5'/a

common

27

10%, 11

22

5

City Auto Stamping
City & Suburban Homes..

9

Chief

15

ii

ii'yi American.

Jan

*

§Childs Co preferred

37

2,200

"

Feb

23'% Mar

Nov

•

63

17 >/a

551/4

Jan

Nov

May

4

trust ctfs__

16

35

18

Mar

5%

18

—10

Clark Controller Co..

v

50

8
10

Dec

2% May

Feb

Nov

48 »/a

18%

6%

26

5

common

16%

35.

700

.10

common....

Chesebrough Mfg common
Chicago Rivet & Mach..
Chicago & Southern Air Lines

5 '/4 May

■

3,100

20

com—2.50

10'% May
24 J/4 Jan

...

18%

/8

Nov

Amer new

of

1,400

48%

I

3 'a

Apr

3% Mar

Jan

—-1

1,000

__30

4%

Jun

Nov

common

Co

6%

;

3Vs

20

.100
,--10

1929
Century Electric Co common
Cessna

16%

•
• ;

100

-100

Mar

6%

Co.

Locomotive*-;-,

preferred.^.—

13% Aug

18

—100

preferred

July

B
K ,! •

121/4 May

20

preferred—100

Clinchfield Coal

j/- Bald win

18%

1

Conv pfd opt div ser
Conv pfd opt div ser

Clayton

j j»Babcock & Wilcox

3

100
•

pfd

Corp

ICentral States Elec 6%

Feb

6% July
6% July

Jan

West

Oct

114% Mar

Jun

Light 4%

Central &

Feb

Apr
3% May

600

17

100

3%

6%

1

24% May
4% Dec

2,800

.3

3 1;

3

100

15'/a

com

13

Feb

Co—

preferred

•

new

7

6%

10

Power

50

,

10,900

5 J/4

l'/a Mar

Nov

2% July
6% Jan

*

& Co

M)

Maine

3.50%

11'/a July

4%

Nov

2%

1

common

Corp of America

Central

July

5%

Dec

—__25

Corp

(J

Central Ohio Steel Products

Jan

Nov

4%

%

3,800

2s 6d

7 J/2

9% May

25

3 '4

1

dep rets B ord

Apr

Jan

5 J/4

13,600

2%

•

Co

_:5

common..

6%

Biscuit

Castle

3'4

29%

i

_

preferred
Ayrshire Collieries

50

Oct

"%

Ltd—

Jan

4%

4 J/a

Light $5 pfd—

9'%

4%

28 '/a

&

Oct

11% May
1% Jan

28 J/4

19% Mar
16

5a
13

*

10%

1Q%

"4V2

J/2

2%

2%

2.50

common

Carter

4,100

4%

Inc

Casco Products common

110%

100

8

4 J/«

4%

x

Avery (B F> & Sons

new

Power

Can'-Consol

Jan

50

8

l

50

1514 May
10% May

*
1

common

Feb

1.600

•

Co

Automatic Products..
Automatic Voting Machine;
:

8%

•

Feb

10

3,100

1

Feb

3% May

200

3,800

Co
Co

Cherry-Bur rell

.Atlas

•

&

Carreras

•Associated Electric Industries—
American dep rets reg
.Associated Laundries of America
:/Associated Tel & Tel class A
Atlantic Coast Fisheries

12%

1,400

173a

100

5%

4% May
3 '/a May

900

Jun

11J/4

16%

•

May

30

-

1%

May

93 '/a

7,200

10%

1.13'/a

Feb

Jan

6 J/2

3'/4 May
7 J/4 Jan

900

5%

10%

♦

Equipment Corp...
Ashland Oil
defining Co

Carolina

5'/a

1.300

5

Arkansas,Rower & Light $7 pfd
Aro

Carman

Carnation

Catalin

1,300

*

pfd

Oct

6

600

Dec

26 J/4

•

Products
Carey Baxter & Kennedy

Feb

16'/a

i

l

48

Feb

Ltd—

Marconi

Sep

4% Aug
7% Jan

200

Jun

Alcohol—

preferred

43

42

400

6

7%

25%

%

750

Feb

32

•

preferred

Capital City

48%

32,300

934

100

2% Mar
9

•

voting

16% May
3% Nov

1.500

4%

900

•

non-voting

May
29% May

32

5,000

48

8%

23% July

20

Industries

Canadian

£i

Arkansas Natural Gas common
Common class A non-voting
6%

Jun

141/2

6

__

l

Angostura-Wupperman
Apex-Elec Manufacturing Co
.Appalachian Elec Pwr 4Va7e
Argus Inc

28%

18% xl9'%

9'/4

Oct

A

2 J/a

27'% Mar

151/4 May
5% May

•
common

Ltd

Industrial

B

33

9 J%

Convertible

Canadian

Class

32%

4

Oct

300

16%

5

Ltd

Canners

Class

19'%

2

211/2

Jan

4%

20

48

1

preference

Canadian

35

46

Co

6 J/2 %

Feb

100

4

Feb

£l

Insurance

Canadian

Jan

Jan

100

__

4%

11

1

Bread

37%

44

5

Anglo-Iranian Oil Co Ltd—
Amer dep rets ord
reg

Jan

May

pfd

Power

Cement Co Ltd

24 J/2

32%

46

Oct

11 %

50c

common

Corp

Canada

300

13

2'%

1

Canada

200

4%

Feb

300

2%

Jan

25

8%
48

%

Estate

Electric

Fire

Nov

32

3

Products

Tungsten

Camden

29% May

44

3%

20%

1% May

25c

dep rets 5%

Sugar

16

300

Jan

3

21%

Oct

Jan

15

__

Callite

Jan

32 %

•

common

3%
51

700

5

Products

Angerman Co Inc

43%
113

49

7,500

2

Calamba

Feb

Jan

3'/a

ioc

Oct

12%

Wireless—

&

American

Jan

Dec

23%

__

IZZZlo

com

American Thread 5% preferred"!!
American Writing Paper common
Anchor

1%
23

Sep

5.7.UU

va

2%

19%

.12 J%C

common

Electric

Cables

Jan

13'A

2%

44

•

Republics

7%

Nov

21%

__

IZZ•

A

American Seal-Kap common
Amer Superpower
Corp
$6 series preferred

2%

2
•

_

class

Feb

3% Mar

411/4

150

30'%

12

Feb

5

43%
90

25

Metal

32

1

--

H)

Feb

22%

2%

Corp Amer dep rcts__
(P

Jan

Sep

Dec

12,700

25

American

321/2
195%

May

2%

33 »/4

American Laundry Mach
American Light & Trac common
6%
preferred

American

17

50

Jan

lO'/s
22

600

Feb

Nov

2'A

20

13

~~

California

109J/4 111

'>0

12'%

12%

26'%

jun

Nov

53

2 J/4

25

12%

•

Butler

Mar

32 Va

_J

"Jan

22'%

•

Burry Biscuit Corp

241/a

4'A May
J/4 Nov

103 J/4

preferred

Feb

25

5

Ltd

Jan

50

10

preferred

36'

Dec

2.50

Nov

10c

Rubber Co

Mills

Feb

96

1,300

19%

32

Dec

17%

1

common

Nov

Jan

loo

4%%
preferred
American General Corp common

31 '/a

100

1

Co common

Burma

70

100

6%

American & Foreign Power warrants
American Fork & Hoe common
American Gas & Electric.

80

53

6

200

17%

10c

reg

Jan

Cable

53

32

17%

Aug

105J/4

Nov

100

L)

80

Nov

161'/a May

Rubber Co

25

Jan

2'/«

6 Vi

6J/4 May
14% July

£1

Forman Distillers

23%

Apr

600

1

Hard

19

173 '/a

25

convertible

13
Jan
4&J/4 May
95'/a Nov

2

l

Class B_

convertible

3,500

5

Jan

167

Co

Class A

$2.50

15

18

American Cities Power & Light—

$2

33

1,100

_•

American Beverage common
American Book Co

American

100
'

21 J/4

24'/a

•

Industries, common..
Aluminium Ltd common
Car

3%

21

•

common

$3.75 cumulative preferred...
Aluminum Goods Mfg

Bantam

3%

1

Aluminum

American

4%

1

5

350

•

Buckeye Pipe Line

Inc.

16

British Columbia Power class A——•'
Class B
•

2 J/a

Brown

Alabama Great Southern
Alabama Power 4.20% pfd

200

16
31 J/a

Feb

13,000

1

High

"i.J/4 ~9>/a

British Ceianese Ltd—

2'/a

Air-Way Electric Appliance

Low

£1

Co

dep rets ord bearer
dep rets ord reg

Amer

Range Since January

High

Tobacco—

A

Class

Amer

%

Low

*

400

8

10

Shares

*

common

2,300

7

50c

Co

2 J/8

8

60c convertible preferred

for Week

*

Mfg

3%

1

preferred
§Aireon Mfg Corp common.—i.

Sales

Range
of Prices

•

6%

5

Convertible

Week's

Last
Sale Price

Exchange
Par

Jan

—•

common.

Curb

300

Ainsworth Mfg common
Air Associates Inc (N J)

Investors

York

Jan

3%
23

1

._

New

1

High

2% -Dec

10

Inc

5

STOCKS—

Range Since January

High

2%

common

DECEMBER

Friday

Shares

ACF-Brill Motors warrants
Acme

ENDING

for Week

of Prices

Par

Acme

WEEK

FOR

Sales

Last

Sale Price

STOCKS—

New

.

-/.'•;/*M^S0:L/-,-./5:B&SsM2tt5) iat»/;

Jan

51'%

Jan

Nov

C®

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW

YORK
RANGE

Friday
STOCKS—

New York

Curb

Week's

Range

Shares

Par

Low

American

dep

High

Low

(ord

reg)__£l

Crown

Cent Petrol

Crown

Cork

1%

5,400

2%

Feb

$4.50

8%

1,100

l'A
7%

Oct

8%

1

Sep

14%

Feb

Goldfield

6%

(Md)

6'A

63A

700

6% May

10%

Feb

Goodman Mfg Co——..

6V2

6%

Nov

Gorham

Feb

JO
Gorham Mfg common
Graham-Paige Motors $5 conv pfd.-25
1
Grand Rapids Varnish
5
Gray Mfg Co
Great Atlantic St Pacific Tea—

5

5'A

2,600

4

May

A

•

16Yb

16%

850

16

Oct

25c

33A

3%

43A

1,700

2'A

2'A

2%

100

*

10

5'A
16

30'A

31

5

21%

21'/a

22'/a

5,000

100

Sugar

5%
preferred
Cuban Tobacco common

31

105'A

105% 105%

10

200

*

104'A

Feb

3%

Oct

39

Oct

26 3A

Apr
18'A Sep

Jan

17

Jan

8

Feb

Great

Oct

6

50

7'/2 May
5'A May

14

100

10 3A May

183A

3%

Low

3%

800

38

39

700

96
—1

%

Northern

10

69'A

750

18'A

19

200

7

7

7'A

Jun

1 '/4

Jan

51% Aug
15'A

Jan

47'A May
9% May

69'A

Dec

25'A

Oct

9'A

Feb

136'A 138'A

138'A
45'A
9'A
100

45

7

May

700

101'A 102'/a

.100

.100

Dec

104'A

300

8

-25

Gulf States Utilities $4.40 pfd

Jan

Jan

39

Nov

Apr
7% May

200

66%

18'A

common- .25c

Paper-

5%
61%

% May

5,600

67'A

102

stock—.

May

44

9%

Products

Stores

%

.50

.

Inc class A.

Non-voting common
7% 1st preferred.

i-O

25 Va

1

High

3V4 May
•tr

Consolidated Mines

Grocery

6

14

3%

Range Since January

Hioh

prior preferred.:

107

Jan

Low

39

Nov

5

A

Sugars Class

Goachaux

Nov

6'A

21

2.5o

Curtis Lighting Inc common
Curtis Mfg Co (Mo)

20

3% May
l'A Apr

Shares

1

l'A

l'A

Jan

7'A
37%

for Week

*

Jan

•

International

—

Nov

Drug Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic

(Adolf» Inc common

4%
25 3A

35%

Range
of Prices

Par

High

21,900

36'A

1

Crown

Enbut*

Cnrb

36%

5

Brewing Co
Crosley Motors Inc
Crowley Milner & Co

York

New

1

Sales

Last

Sale Price

8TOCK8—

Range Since January

Gobel

receipts

Petroleum

Croft

Week's

Friday

(or Week

of Pricea

Courtaulds Ltd—
Creole

DECEMBER 5

Sales

Last

Sale Prlee

Exchange

EXCHANGE

CURB

WEEK ENDING

FOR

Monday, December 8, 1947

8

Sep

14

Feb

95 V» May

112

July

Tun

145

125
200

Apr

45'A

100

300

39'A

Jan

47'A

Nov

9 'A

700

9%

Dec

15'A

Jan

101 VB

9 'A

40

Dec

114%

Feb

Oct

15'A

Feb

0%

Nov

100

9%

Gypsum Lime & Alabastine

D
Davenport Hosiery Mills
Davidson

Dayton

Dejay Stores
Dennison

8%

2.50

Brothers Inc

Detroit

Steel

Devoe &
Diana

10%

100

Products—

Raynolds class

Stores

Distillers

Co

Corp

200

11

900

145

10

17

~2'A

17%

11'A

12

2'A

28

6%
32

May

38
8

Jan

38

Jan

6'A May

10'A

9% Mav

12'A

145

Dec

155

Feb
Feb

May

1,600

10'A

Apr

19'A

Oct

200

2%

9'A

Sep

14

Feb

800

2% Mav

3%

Feb

22%

20

23

2,700

17'A

Aug

23

Dec

13'A

13%

13%

100

11 Va

Sep

16

Feb

50c

common

6'/b

6%

3,900

4%

Apr

6

73A

Jan

Ltd

5

9%

Hammermlll

•
10

6'A

Hartford

25

Hall Lamp Co new
Hamilton

£1

17%

1

Corp class A

11'A

11'A

11%

2,100

1

2%

2%

3 'A

5,000

*

13%

13

14%

85

85

8'8

Draper

•

68'A

68%

69 VB

10

Co

1

*

x77%

40

225

175

£1
common

2'A May

4%

Oct

33 Va

Jan

Feb

10% May

17%

Feb

Oct

25 Va

Jun

76 3A

Sep
May

94

Feb

79

Jan

Nov

48

x77%

Dec

106

7%

*

5'A

1

--

•

14 A

14'A

5'A

14'A

100
400

Sep
12
May
4% May
11% May

Apr

10% May
18'A

Feb

6%

Feb

15%

Jan

4'A%
prior preferred
6%
preferred
Eastern

Malleable

Eastern

States

$7 preferred
$6 preferred
Eastern

100

100

Iron

88
78

78

80

A

275

81

3'A

375

•

B

"3'A "3%

49

4,300

shares

of

73

25

50

i\-4

2'A

Oct

<?"«

\4av

Feb

7'A

7'A

300

7%

Nov

9% July

Hearn

Dept Stores common—
Mining Co

Hecla

int

$5 pfd

shares of beneficial int
Easy Washing Machine B
Electric Bond & Share common
Electric

Power

&

Light 2d pfd A

Electromaster

(Geo A)

St Co common

Hardart common—

preferred-

Oct

Hygrade Food Products

77%

62

525

40

10'A

11 Vb

700

10%

Dec

14'A

1

52'A

52%

54

725

•

12%

1,100

13'A

Nov

10%

10'A

11%

39,600

17%

Jan

•

133'/2

5%

Sep

4 Va

4 Va

550

4 Va

100

2% May
17

Jan

1

155

7Va. Feb
26'A' Obt
4%

Ffeb

24'A

Sep

50

100

45'A

1

46

150

102

10

7'A

7%

300

l'A

"i'A

"1%

5,800

1

46'A

46%

48%

600

8'A

8%

3

3

8

1
common

100

Nov

3

'A

Ay

600

6,000

10

7'A

Dec

8%

5

10c

Corp Ltd
Pipe Line

45'A
102

102

1

Eureka

stock

700

400

Fire

Association

1

.1

3'A
31
12

Jan

1% Aug
43 Vt
6

Jun

May

in May
27% Nov

50

Mar

111

Jan

8'A
13%

Nov

7% May

4 Vb

4%

900

«i/.

11'A

13

4,400

7'A May

3%

3%

8,7"U0

2

30'A

31%

1,900

21

Oct

Oct

30%

Apr

Imperial Chemical Industries—
Amer dep rets registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain

12

May

4'A

Co

8pr

32'/s

5,200

12

Dec

22%

2,000

11

Jan

45

Sep
Aug

14

130

64

Feb

2'A

2'A

2%

1,900

40

5%

International

*

—

1%

40

50

5%

1% May

3 Va

40

Jan

Machine

6%

Apr

Sep
18'A Aug

20%

Feb

4%

18

18'A

800

16 Va

19

19

25

23

Oct

3

1,200

iya

Sep

9'A

400

7%

Jun

10'A

2 l'A

250

Sep

3l'A

200

600

29'A

7%

7%

8

1,300

5

13'/a

13'A

14

800

7

20
7

29 Va

1

Builders Supply Corp
preferred

General
Amer

General

5%

I

Electric

Co

Fireproofing
Outdoor Adv

6%

pfd

Plywood Corp

7'A
2»/e
33A

23%

10"%
87

-1

Public

Shareholdings Corp com—1

$6

1,100

6% May
Apr

11'A

Oct

19%

Feb

87

Dec

104'/a

Feb

4

May

9%

Oct

2'A

600

2

May

3%

Jan

4

600

3% May

6'A

Jan

23%

75

200

22

9'A

9'A

7

7%

8

8

102

102

32%

1,700

*

9%

Apr

32 »A

Jan

Nov

14

Jan

6

May
7% July

9'A

Jan

8'/a

200

33'A

400

24

Jan

37

Nov

60

102

Dec

109

1,200

9%

Feb

18%

18''/a

19

89

Jan

~3>A

"3'A

"3%

400

3

May

4'A

15

Feb

"7"%

8%

1,700

7 V4 May

10'A

43'A

44 %

400

37% May
2% Oct

51 %

Feb

3%

Feb

21

May

49 »A

Jan

May

31 Va JulF

25

25

25 Va

900

Feb

10% May

10%

11

400

10%

Nov

14%

Feb

10'A

Oct

21%

Jan

2.900

900

52'A Dec
Nov

2114 Mar

Feb

6

11

Jen

64

6%

Apr

Apr

14'A

Feb

14

Feb

90

90

92

340

90

92

92

93

800

85'A

Sep

13 %

14

500

13%

Nov

Dec

59

59

61

400

45'A May

10 Vb

10 Vb

10%

9,100

10

10

10'A

14

14

14'A

111

Apr
100'A Mar
Jan

21

coupon

shares—

•

shs„•
•
10

Mil

4

Feb

500

10

Dec

15%

Feb

500

11%

Nov

1%

1%

400

5

12'A

2,000

8

l'A

l'A

l'A

4%

4%

400

2,100

Apr
Oct

18%

0% May

19%

6'A

Nov

30

l

Sep

1 Va

Jan

16 ya May

22%

Feb

1%

5Vb

Feb
fen

Jan

18%

17

17'A

lan

15'A

11%
7

Oct

NOV

—•
7'A

7l'A
2i

10'/b

1,175

5'/b

1,300

4'A

Sep

1

%

Reb

600

'A

Nov

1%

Jan

9'A Aug

22%

'A

Jeannette

Glass

Co

New

1

common

new

9'A

10'A

11

1,100

Feb

5 'A

5'A

600

3%

Jun

7%

Jan

'A

5'A

7

1,300

5'A

Dec

G%

Nov

*
*

5'A

5'A

6%

1,900

5'A

Dec

7','4

Nov

24%

Jan

1
100

13%

Lake Sulphur Co

Jim Brown Stores

1
1

com

preference

~5

30

Jun

18'A

Oct

K
Kaiser-Frazer Corp

pfd

Kimberly-Clark Corp—
4 'A %
preferred100
Kings County Lighting 7% pfd B—100
5% preferred D——
100
King Seeley Corp—
1
Kingston Products—
1
Kirby Petroleum
1
Lake G M Co Ltd

Kirkland

(D Emil)

(I B) Rubber Co
Knott Corp common
Kobacker Stores—.

43,400
100

13'A Nov

26% Mar

17'A

16%

17'A

300

Ip

je

Jan

9%

9%

50

10%

Nov

9'A

9 Va

9'A

1,200

192% .T»ilv
May

6'/b May
8% May

125 %

Rpb

14%

Feb

Feb

108

July

111%

53

51

53

1,250

51

Nov

87%

Feb

41

39'A

41

1,340

39'A

Dec

69

13'A

13'A

14%

900

12 Va

May
Sep

17%

Feb

95'A

9 7'A

80

89

Mar

99 »A

Aug

Nov

25'A
100

4'A
xl5

li7«

24%

24

1

1,100

4

15%

3,900

7%

Jan

153/b

l'A

3,200

1V«

Jan

ill

Oct

25 Va

Feb

200

15% May
Apr

20

24%

26 Va

Aug :
Sep,1'

4'A

7»A

7'A

17%

17%

7%

19 '/a

6

Feb
NOV

Jul* '•

Tor

18

1,400

•»% War

400

13% May

18'A

Nov

12

Feb
Oct

1

5%

500

*
—*

—

Co

5

54

54

50

*

Gladding McBean & Co

4Va May

6% Mar

13% Jun
52 Va May

22'A Feb
54 Va Aug
17 7A Jan

12'A

*

Oct

Nov

_5

15'A

15'A

15'A

100

May

17 Va

July

Lake Shore Mines Ltd

_1

10%

10%

11'A

1,900

10%

Dec

15'A

Feb

Lakey Foundry & Machine
Lamson Corp of Delaware

_1

6%

6%

7%

800

5'/2

Apr

8%

_5

8'A

8 '/a

8%

900

9%

Jun

Lane Wells Co common—

_1

22%

23'A

300

6% May
16'/a Jan

24%

Nov

Laclede-Christy Clay Products

Langerdorf
Class

Ext

35.




La Salle

25

Feb

*

Glenmore Distilleries class B
Globe-Union
Inc

Apr

1,200

27'A Sep
18% Jan

29%

2.50

Corp

Coal

1,600

16

Jun

22%

Oct

9% May

17%

Nov

preferred—
Leonard Oil Development-

17

Jan

Le Tourneau

—

Lefcourt Realty common

1

3,400

5

500

13

Oct

26

22'A

Monotype Machine

(R Qi

Inc—

100

26

Dec

34

Jan

22'A

24%

125

213A May

30

Jan

20'A

2 l'A

600

12'A

24%

Oct

200

5 V«

Jun

7

400

7

May

12

Jan

Jan

44%

Jan

3,500

1

Sep

2

Mar

3,000

16

Ren

2°

Tan

26

6'A

(Jniversity

Prior

Oct

44

United Bakeries class A.

B

Lanston

„

-

14'A

4'A

1

Krueger Brewing Co

-

Jan

*

10
1

1

May

14%
13'A

1

Co common

Kleinert

5

13 Vb

13'A

Oct

97

17%

Giant Yellowknife Gold Mines
Gilbert (A C) common

page

Feb

Jun

May

105

110'A

see

7'A

10%

5
•
5

Jan

footnotes

4

"7%

*

110 ya

For

Aug

200

Kansas Gas & Electric 7%

*

Harvester

Oct

42

3.800

Kawneer Co

115'A Mar

Alden

!75

12

Feb

Sep

Glen

.

11"

Nov

111'A

Gleaner

14%

12

14'A

Nov

*

Preferred

Sep

43'A

Feb

Georgia Power $6 preferred
$5 preferred

Gilchrist

Feb

12'A

11'A

Feb

10

preferred—*

preferred

Aug

9 'A

11 'A

14'A

1,800

7

•

100
1

Service

Nov

72'A

Dec

12

38'A
12%

8'A

9'A

General

convertible

7'A

J25

General

$6

93A
87

,_1

.10

common

7C0

42%

4%

1,200

•
Investors Royalty—
—1
Iron Fireman Mfg voting trust ctfs—»
Irving Air Chute
1
Italian Superpower A
•

Klein

preferred series A

General

13

116% July

Apr

12'A

Dec

6% May
12%

Ltd—

General
General

93A
87

2'/8

dep rets ord reg
Finance Corp common—

Nov

*ui

26

Sep

15

conv

28

100

4%
44 'A

44

—

Feb

7'A

30%

20'A

*

Alloys Co

5%

xlll

Jan

29'A

-100

General

35

3,600

53

50

Industries A

Julian & Kokenge Co
1%

20'A

2

General

Feb

Mar

1%

1

Gatineau Power Co common
5%
preferred
Gellman Mfg Co common

Feb

43

20'A July

Oct

900

9

1

common

181

Hydro-Electric—

Key Co common
(Walter) St Co

Corp

12'A

•

Kldde

Garrett

4%

Oct

Oct

34 Vt Mav

43'/a

Nov

5%

50

1.25

common

68

Aug

44

300

41

67

Dec

23

a

£1
•
•
5

Preferred $3.50 series

Jefferson
18

1

new

40

12'A

300

111'A

111

67

29

jun

12

Kennedy's Inc

(Geo A)

35%

—

Ill

Jan

Jan

25 3

Interstate Power $7 preferred

13%

Ford Motor of France—

Fuller

80

—£1

6 Ireland

International Safety Razor B
International Utilities common—

13%

ii%

•

Brewing

34%

23'A

75

43

Feb

3%

49'A

JE1

Franklin Simon St Co Inc
4 Ya%
conv
preferred
Franklin Stores

150

29

42%

37

150

2 7'A

2 l'A x22 'A
--

52 »A

12

17'A

Amer dep rets bearer
Fort Pitt Brewing Co
Fox (Peter)

Feb
P"b

12

Indianapolis Pwr St Light 4% pfd—100
Insurance Co of North America
10

11 'A

1

1

%

25'A

International Cigar

_10o

voting

6

Feb

5 2'A

•

Jan

48'A

(M H) Co—
5c to $1 Stores
Ford Motor Co Ltd—

B

n.

Feb
Aug

•

Zinc Co common

Jan

48'A

Fishman

Class

»

57

Fer.

50

convertible preferred

23A

11%

Amer dep rets ord
reg.
Ford Motor of CanadaClass A non-voting

10 Ya

800

53 Va

—10

(Phila)

First York Corp common
$2 div cum preferred

157b

X35'A

9%

1
*
5

—

Illinois Power Co common

Registered
12'A

Brewing—,.
Fansteel Metallurgical
Fedders-Qulgan Corp

Aug

5V»

International Products

Fairchlld Camera St Inst Co
Falstaff

8%

13%

19% May
Mar

49

9'A

1

International Petroleum

Engine St Airplane

Mar

warrants

International Metal

Fairchild

Jan

85

via\

Sep

2% Aug

Eureka

Jan

Dec

Dec

1,8C0

*

preferred

Illinois

133'A 137

8% May
115
May,

15% May
43'A Aug

Inc

16

nvo

Feb

Oct

11%

42% May
6'/b May

60%

12

5

100

Esquire

Jan

12%

Oct

59

3,000

Equipment

25

72

230

9%

Co common—•

82

~2%

preferred

Refrigerator

1st
preferred
Hydro-Electric Securities

19%

&

74

2 l'A

5

Huyler's common

~2%

common

14 'A Mar

•lay

107

55'A

*

Oct

17'A

Corp

Dec

Dec

8'A

5

Nov

2%

convertible

Dec

9'.

55

100

Nov

4%

17'A

$3

8 VB

97'A

20%

(Harvey) Inc

17 A

40

8'A

Oil St Refining

Feb

300

10
97 'A

20%

•
•
•

Horn & Hardart Baking Co

Feb

9%
U

5

"

Common

1

Equity

50

11 Va

\

1

Jan

10

Derrick

175

55'A

•

&

1,000

5
4 Va

May

tflW

If

3,700

72

•

Horn

8%
10 Vb

10

72

1,200

11

97'A

1

Inc

Hormel

14

1

Holophane Co common
Horder's

4

10

Holly Stores Inc

$2.25

Inc

Emsco

8'/a

9%
10%
11 'A

Jan

Elliott Co common
5%
preferred

pfd

8'A

9%
10%

100
100

preferred w w
4% preferred w w
Henry Holt St Co common
Heyden Chemical common—
Hoe (R) & Co class A
Hollinger Consolidated G M

10'A

1

Empire District Electric 5%
Empire Millwork Corp___

13'A

2

5'A%

59

v

Corp

"7%

*

Heller Co common

1

Option warrants

Electrographic

3%

5
25c

Rubinstein

57

May
May

Feb

100

82'A

Jan

70 'A

800

97%

May
May

Feb

Nov

Dec

2C0

•

beneficial

*3%

54%

2'A

4%

1% May

73

Sugar Associates—

Com

2% May

35'A

•

series

89

25

Corp
series

88

1,700

50

8uB

40'A

6%

Hussman

3%

55'A

Nov

May

May

5vi»
28

2'A

Kurd Lock St Mfg Co
3%

54%

8%

300
350

6%

1

1
of America B non-vot com—1
Hathaway Bakeries Inc—
1
Hazeltine Corp—s
•

5%

3%

6 'A

Hat Corp

Humble

•

700

9%
39 'A

6 'A

Harvard Brewing Co—

Hubbell

East Gas St Fuel Assn common

9%
37

37

Feb

67

37'A

1

00 O

Dunlop Rubber Co Ltd—
Amer dep rets ord
reg
Durham Hosiery class B
Duro Test Corp common
Duval Texas Sulphur

Feb

Bridge Co Ltd—
Paper
Electric Light

Feb

19'A

22%

•

Driver Harris Co

2,200

•

Dominion Textile Co Ltd

Corp

19

Dec

33%

25

Ltd

Feb

11'A

common

Hartford Rayon common

Helena

Credit

Power

H

Oct

Apr
Aug

•

B

Dominion Bridge Co Ltd
Dominion Steel & Coal B
Dominion Tar & Chem Co

Duke

100

10

Amer dep rets ord
reg
Dobeckmun Co common

Domestic

10%
145

17

8

&

Manufacturing——1
Gray Iron Foundry
1

Detroit

25

7

35%

__

5

common

common

Gasket

35

50c

Mfg class A

debenture

Detroit

35

6%

35

common

Derby Oil Co

35

1

Rubber Co class A

10

27

6'A
10

Apr

—

Jan

„

Volume

166

Number 4653

THE

COMMERCIAL

CHRONICLE

& FINANCIAL

(2337)

'

'

.1,11

-

WEEK ENDING DECEMBER 5

RANGE FOR

frriday
STOCKS—
.New

York

Curb

Material Co_

Lionel

Corp

Lipton

iq

,

_

(Thus Ji

Lit Brothers

Loblaw

5

Inc 6%

preferred

Shares

A

21

25

25

25%

300

25

600

Chain.—_

251/8

500

Dec

23 V*

5

//::;26%/;?eb

25%

25%

50

16%

16%

16%

3,200

10

20%

20%

21%

3,500

16%

Jan

7%

8%

1,600

1 %

Ogden Corp common:
——
Ohio Brass Co class B common

•

31

Ohio

8

Long Island Lighting Co-

Juh

'V

88 '" Feb

:

Power \Va%

;i6%- Nov

%

i/2

1

Lynch

2

550

50 J/2

2,325

15%

15%

8,500

58%

46

46

Louisiana Land & Exploration
Louisiana Power & Light $6 pfd

%

56

56»/4,

17

6,000

11%
10k %

\ 21% Nov ' '

Inc

Omar

—

16%

500

15%

Jan

"16 J/2

16%

%

1%

Sep

55-

Nov

46

90-

5

Public Service Co

10

common,

Dec

Manischewitz

(The B) Co
'__
Mapes Consolidated Mfg Co—
Marconi

International

Communication
Marion

Power

Massey

Harris

McAleer
5%

Co

20*

Jan

"' 7

McCord

Corp

$2.50

Ltd

*

preferred

preferred
5% pfd

A

Messabi

Metal

&

July

Penn

Traffic

24

83 V4

Jan

Penn

27%

500

1,100

5%

6 %

1,500

S% May

7

1 %

5,200

1

3%

19 y4

181/2

19 %

2,000

5%

5%

600

15% May
4% Apr
108% Sep

5,200

3% May

7%

800

5%

9%

9 Va

400

7V4

Sep

2

2%

3,300

1

%

9%

200

8%

8%

700

23%

24%

1,000

5%

5 %

13%

5%

4,900

13%

14%

8,900

•

1

L

5%

23

275

3 %

200

16 %

1,300

14

"2%

3%

15%

16

9

Oct

12%

31/2

Dec

Apr

57/s NOV

12% May

16%

Jan

12

Sep
July

14

2%

100

31

21%

Oct

33

3%: Nov
12%

43/4

Jan

lbT®

13% May

2%

2,300
1.100
200

6% May
31% May

6

%

7

8%
9%

Nov

Feb
Feb

6%

Dec

10

102%

Ward

Dec

106

Feb

3%

3%

3%

2,700

3

2%

2%

700

A

»

partic pfd
Morris Plan Corp of America
Mountain City Copper common

175%

*

Investors

35%

Mountain

States

Power

States

Tel

common

&

•

Tel

300
380

39

4

150

4 »/8

700

%

',-2

10%

11%

3,900

27%

27

28

900

98

•

Murray Ohio Mfg Co
Muskegon Piston Ring

100

23

26%

13%

13 »/2

300

12

12

200

.2.50

common

common

13%

10

100

340

6% Feb

May

2% July

11%
173

3%

Dec

Va

41%

98

32

A

10 '/8

10%

11,800

Namm's

Inc

National

common

Bellas

Hess

National Breweries

7%

,

1.400

common

5%

200

3

33^

4,200

*

i

1

National

131/

Steel

16%

16%

200

36

37%

1,100

10

10

10%

900

•

Ltd

♦

common

115/

(Herman)' Corp

Corp of Canada common
1st

11

25

11

Jan

15%

27

100

27

Dec

52%

Feb

17%

200

13% May

19 %

July

88

88

88

59%

Jan

97

40%

Jun

51%

Jan

25

Nov

28 Va

Jan

7%

Jan
Feb

117/a

Feb

4%

Feb

37

Mar

138%

18% May
12% July

26%

25

25

25%

150

6

6

6V«

15,600

5%

6VB

3

3

*

/8

14%

IlOO

Jersp Zinc
_________.__.__25
Mexico & Arizona Land
1

JUljr :

Inc

America

of

54%

950

53%

Nov

4%

300

4%

56%

54%

56%

600

"5%

~5%

12%

59%

x58%

6%

Park-Mining. Co_

1

1%

Process Co common

•

"

ZZZZZZ*

N

Y

10

;

Service

9

Nipissing
Noma

114

*

RR

States

Aircraft

Power class A

Inc

footnotes

see

Dec

10'

Jun

600

8u>

14,400

pfd-100
25

110

Apr

122 % July

s4

900

% May

1% Jan

9

1,000

8% May

113'

3,000

9% May

10% Feb
15% Feb

10%

~i

"1

16

18%

2,100

7%

13,000

7%

1,000

800

page




35.

2%

100

14%

800

2%
3

__

334.

3,500

loo

1001/4

150

37%

38'%

1,200

7%

6"%

8%
20%

1,000

14V4 Aug

-Dec

IT

May

6% May
155% May
32
Apr

189% Nov

30%

Apr

2% Nov
10
3

7,100

20

Jan

Jan

1

97%

_

37%

20%

15% Sep
10% Jan

230

187% 188

100

9% May

13%

Feb

9%

1,200

9%

Nov

21%

Feb

lo

25%

700

14%

Jan

27

2% May

"4

2,900

July
Feb

2

Dec

6%

Jan

800

10

May

14%

Feb

55%

55 y4

58%

630

8 %

8%

100

14%

2

2

Nov

41

49 Va
8

46 Va May

Apr

63

Nov

11%

Feb

May

4% May
14%

15

200

14% May

7% Jan
17

3%

12%

12%

Feb

1,800

4 Va
13

3% May

6%

Jan

1,600

10 % May

19%

Feb

8% May

3%

2.50
*

13%

Feb

96 Va

Oct

93

Nov

May
Oct

43%

35

793/4

300

72

11%

11%

100

73%

79

43%
12 Va

700

1%

4,800

11%

300

1

__

93/8 May
1

48

Feb

85

Mar

13% Nov
2% ,Feb

Nov

Jan

11%

Nov

17%

8%

11%

Apr

10%

97%

97%

50

98

Oct

97

Dec

103 %

Sep

Dec

96

95%

97%

150

95%

110 Va

Jan

43%

43%

44%

600

25 %

Jan

45 '/a

Nov

13%

13%

13%

100

9%

Apr

14%

Feb

8

May

11%

Feb

Quebec

Co

Power

May

96

Jan

Dec

170

Feb

90%

90%
150

91%

330

85

150%

60

150

14%

Nov

18%

Feb

'

Jan

R
l7/a

2%

32,100

1%

Dec

5V4

17%

17%

17%

400

15%

Apr

19 y2

30%

30%

31 Vt

36%

37

541/4

54V4

20

8%

2

& Light Securities—

10

1

__*•
*

I5

1

100
30 V*

18%

Mar
Nov

2

Jan

Engineering:

~2%

,_5

21%

1,200

1

Dec

2

Feb
Feb

27% May

31%

Oct

29% May

38Vi

Jan

Feb

55 Vi

Sep
Jan

51

6,700

6% May

13%

21%

600

1,400

181/2 May
51/8 Sep

23%

6'/a

2%

3

2,800

2%

Dec

Jan

8Va Mar
3%

Nov

"4

21%

21%

125

14% May

24%

Sep

25%

*

_1

25%

300

22

May

32%

Jan

4%

1,100

3 % May

6%

Feb

1%

3,300

4

Rio Grande Valley Gas Co—

(Texas Corp ) v t c

—

Rochester Gas & Elec 4%

Rolls Royce
Amer

Rome

pfd F

Inc

1% May

1

1%

100

96 %

97

140

96%

32

32

100

25

*

Dec
Mar

2%

Feb

107% Mar
34

Nov

Ltd—

dep rets for ord reg;

£1

Cable

Corp common
Roosevelt Field Inc

5

Root

1

Petroleum

Rotary Electric Steel Co
Royalite Oil Co Ltd
Russeks Fifth

Ave

10%

10%

600

10%

6%

500

3%

Apr

14% July
7% Oct

22

22

23 %

6,600

6%

Jan

23%

18%

18%

18%

100

15%

Apr

24%

15

Apr

187/r Feb

5%

5

Co.

10
1.25

common

Ryan Aeronautical' Co-_

•

3%

1

Ryan

Petroleum

Consolidated

Ryerson & Haynes

11%

*

l-

common.

10

5%

4%

1,400

9%

11%

8,400

5%

500

5%

Dec

10% July
3% May
5

3%

Sep
Apr

Ltd:

•

14%

3,000

77/a May

50

12%
37

12%

Class A $2 conv pref

37

41%

4,500

27 % May

1

10%

10%

10%

4,700

6%

2%

2,500

2% May

25c

2%
3%

2%
2%

3%

12,700

1

4%

4%

4%

900

St Lawrence Corp
Salt Dome Oil Co:
Samson

United

Corp

Bchiff'Co
Schulte

1

common:

Savoy Oil Inc (Del)
Sayre & Fisher Brick Co

-

14

6%

Nov

Feb
Feb

Feb

11% Nov
6%

Nov

Scullin

Steel

11% Feb
45 %
43

7%

6%

Jan

31%

31%

33

1,600

29%

Apr

37%

Jan

12%

12%

13

400

1

2%

2%

100

*

17 Va

17%

100

23A

4,400

1

101% Jun
110

Jan

46% Feb
9% Mar

31% Feb

$5.50

Allotment
Semler

Sentry
Serrick

Safety
Corp

25

certificates

Corp

1

1
1

common

Control
class B

2%
21

2%

2%
17%

100

21

^

1

8

May

2% Aug
17

May

2% May
19

May

5,600

2

Apr

3,150

2%
18

13

May

78

May

*

78%

78%

81 %

450

13%

Feb

4%

Jan

21%

Feb

4%

Jan

24

47/8
2%

4%

_5%

2%

2%

1

1

1,200
900

1,900

Feb

3% Feb
21%

Feb

90% July

80 Va

-

Inc

Radio

1

2%

5

stock

(R B)

Sentinel

common

stock

prior

Sep

Jun

*

Jan

Feb

3%

Selby Shoe Co
Inc

Dec

0Va

37%

5,900

common

Industries

3%

May

"3%

Segal Lock & Hardware

Convertible

Feb

"5%

8ep

Selected

Oct

5%

3%

Nov

5% Jan
14% Nov

Oct
Nov

25

Securities Corp General
Seeman Bros Inc

Co

3% May

16%
44%
13

1

(D A) Inc common

20% Jan

Jan

1% May
26

*

common

Manufacturing

Dec

Nov

&

Scovill

Feb

May
Aug

Electric

675

5%

8%
21

1

Rice Stix Dry Goods

100

1

Jan

124

8%

14

__

Feb

47%

115%

10%

9 V4

9%

21% Jan

Dec

1,300

3%

10%
•

98

1,300

2%

Jan

650

43

_

7% May

Jan

7% Dec
2% l)uil
82

7% May

May

45 y8

•

Jan

Jhn

8% Jan

Aug.

13

42%

__i

Novadel-Agene Corp
For

7%

10%

120%

3% May
1% May
70
29

43%

1

Northern Indiana Pub Serv 5%
Northern

ie

188

Feb

18% July

Dec

250

42%

Zio

Co—

Northrop

100

43%

5

13{

Feb

101

%

Apr

12 % Mar

2,400

•
100
•

Quaker Oats common
6%
preferred

Roeser & Pendleton

May

200

•

Airlines

Penn

~

•

common

North American Utility Securities
Central Texas Oil
North

~i

1

•

Northern

Northeast

: 8%
n

1
common

preferred

Class; B:

5

5,000

14i/4

7%

115

5

North American Rayon class A
,

91/,

30

1 r. 1 /

133/a
98

19,200
50

15/2 1J/2

98

200

2,000

1

Mines

9!

Feb

5
Sep
5% Jan

15% Jan

.7%

*

Electric—

North Airier Light & Power
$6

"

34

Corp B

24

May

67%

13%

Class B optional warrants

.

14% July

Oct

Oct

%

100

com

10% May
17% Oct

ApT

lvi

14

Dec

2%

*
*
5
10

Manufacturing.

Reliance

May,

gg

Oct

Mar

5%

Jan

12 3%

100

cumulative

Richmond Radiator

Oct

9

10f

~

preferred—

Nineteen Hundred.

'

i«i/„

100

July

57

.i|
-^

60 Va

9%

"9%

11%

preferred
Puget Sound Power & Light—
$5 prior preferred
Puget Sound Pulp & Timber
4 y4 %

18% Oct

4

7%

Jan

9 Va

Apr

Colorado—

of

39% Jan
14
Mar

200

1

common

Niagara Share Corp class B
Niles-Bement-Pond

210

15

Apr

if

61"

2,000

Gas

May

13

x83

123',

6

•

21% May

410

1

Shipbuilding Corp-

Founders shares

2d

5%

29

29

10

Niagara Hudson* Pbwer
\ 5% 1st preferred

10%

4% Jun

12%

69

Dec

40

12%

1

Producers Corp of Nevada

15y8 Jan

88%
5

Apr

7% Nov

4%

Jun

13

Y Auction Co common

& H°nd^as Rosario

100

~_

5i/b

114% July

12%

1

Jan

43

2

New

«

45

Nov

1,200

5%

Dec

2
50
50
5
1

common

Aug
4% Feb

Jun

33,4

x83

2Vs May

Nov

11

*

8

Apr

11

3%

x83

5%- Dec
103%

53'/a

*

16% Nov

2'M»- May
35% Oct

3%

New

;

5y8

__

New Haven

Clock & Watch Co
1
4convertible preferred________20

11% May

4,900

q7/„

150

4%
54

12% July

~ \\l

xqi/0

320

1,000

103% 103%

5%

Feb

Dec

10 ya May

:i>
'

Feb

r5%

•

-

England Tel & Tel

N Y Merchandise

115/,,

10

100

preferred

Pressed Metals

Pyrene

|

11% Nov

Sep

4

5
5

1154

_

I

__

30c

Neptune Meter common
Nestle Le Mur Co class A-.

«

100

16%
36

National Union Radio

N

131/"

Jan

12%Jan

17

*

,_2

Rubber Machinery

National

New

180

10,800

___4

National Radiator Co

New

30 w

\1V

Hi/8

Jun

3%

Apr

Jan
Jan

43

301/,

"

1

National Mfg & Stores common
National Pressure Cooker, common

New

57/-

*

National Mallinson Fabrics

Nelson

5%
3%

25

Car

700

1

preferred

24%

Nov

'

1
common

National Fuel Gas

National-Transit

15V

8%

27% Mar

Sep

11

10
15

Oct

32

27

1
15

Aug
Mar

17

25c

N
10

lt>

10

common

Mining Co
& Alexander common

Railway

Corp

Jan

105

Feb

72,000

__

ts-

Nachman

105

Dec

Sep

2%

Nov

Oct

96

101%

July

5%

Sep

8VS Aug
27

Jan

194

25

shares

Amer

Pyle-National Co common

Jan

10%

Apr

31% May
3% Apr

7,400

11

5c

iq

Mountain

35%

12%
175 '/2

173

10c

Producers

!

Mar

11

121/8

Scale

Providence

Mar

1,700

May
6% May

30

7%

24

120

96

27

Prosperity Co class B

Jan

50
50

96

1

Public

x6%

26

103% 104

24%

Prentice-Hall

I
i

Feb

x6%

26

38% Mar

~2|8

Ltd

Pratt & Lambert Co

'

88

417/8 Mar

31% Nov

25%

6%

Jun

3,700

102% 102 %

1

12%

34% Nov

700

~2

Polaris

17V* Jan

1% May

8

36

5

Jun

800

2,600

32%

1

Johnson

Feb

.2

Utilities

7%

8
36

lOVa

*
*

Powdrell

Nov

7%

*

Sep

Jan

16

*

Power

Jun

Tl

common

common

Feb

9y«

Piper Aircraft Corp common
Pitney-Bowes Inc
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
Pleasant Valley Wine Co

Feb

24%

35 %

6%

Feb

100

Pioneer Gold Mines Ltd

Feb

14 Va

Feb

7%

»

Nov

25

50c

Pierce Governor common

10% Feb
3% Aug

Dec

35%

100

14

10%

2.50

Philadelphia Co common
Phillips Packing Co

Jan

8

May

8%
16

50

pfd

Oct

Jun

9%

Jan

50

1% May

50c

preferred

6y«

25 y4
x21 %

*

common

May
43% Sep

7%

50c

18

24%

1
20

Circle Corp
Pharis Tire & Rubber common

Pneumatic

*

•

Jun

500

32

*

Perfect

Pinchin

9%
8

12%

13%

2.50

Co

Pepperell Mfg Co

111% May
0% Jan

May

--

Feb

8%

Oct

7%

—

100

pfd

(The)

Pep Boys

tiy4 July
8% July

3

Light 4%%

Penn Power &

Jan

Apr

Elec class A common

Penn Gas &

Feb

li/a

7%

Society A

Co

May

5%

24

Jan

4% May

13%

5%

Water & Power Co—

26

12%

7%

Corp

Montgomery

Muskogee

15

10%

200

common

Dakota

Mountain

Oct
Feb

II~_10

Co

Loan

Moody

28
45

c~l

1,100

37%

34%

__

warrants

Penn-Dixie Cement

Jan

2

Sep

12

*
100
*
*
•

1

38% May
8% May

4

pfd

conv

Public Service

Monroe

Dec

Pennroad Corp common

13 y4

4%

dividend shares

Monogram Pictures
Montana

7

6% Aug
8 % Aug

600

--

29%

32

•
25

Peninsular Telephone common

$1 cumulative preferred

Dec

3%

Mining Corp of Canada
Missouri

41/2

Patchogue Plymouth Mills

250

Products—

convertible

Molybdenum

Oct
Feb

Mar

24

1
t

v

Co

P

10%
20y4

41

_*

800

1
"

22 %

2.50

Mar

33%

12%

7%

1

Corp

Co

391/2

"10

Midwest Piping & Supply
Mid-West Refineries

Minnesota

350

Sep

May

6

Pen

10%

«

Nov

116

5

Motors

Paramount

Parker

Parkersburg Rig & Reel

7

3%

Mid-West Abrasive

Wohl

Jun
Jan

11% May

3%

common

Oil

25%
55

22 J/2

5

Corp $1

non-cum

4 % %

500

7%

Corp—

Steel

Jun

3%

Ex-distribution

Miller

5%

7

26

39

Dec

6%

6

36

Pantepec Oil of Venezuela Amer shrs__

40

1

Middle States Petroleum class A
Class B v t c

Oil

23%

j

Micromatic Hone Corp

Midwest

4 '/-J

15

,

Midland

Apr

:25c

Preferred

Co

900

1,100

100

Corp

Midland

13

5%

I~~

Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co

$2

9 %

13%

1st preferred!

Page-Hersey Tubes common
Pan American Airways warrants

Aug
20% Jan

1 %

Iron Co

Midvale

9%
13

7

5

common

preferred

West

40

71/3 Dec
21V2
'

*

™I_1

Col

Participating preferred

Middle

25

4%

Co

Textile

100

Sep
NOV

*
r

2% Jan

Jan

108%

11

2s

*

__I

Merritt Chapman & Scott
Warrants

6%%

9%

10

common

&

25

13

1st pfd

1st preferred:

$1.30

51/2
18

3'

1

common

Dredging

Mfg

500

38% July

10

_

Memphis Natural Gas
Menasco

400

£1

preferred

Mead Johnson

7%

191/2
13

•

common

Mfg Co

7

18%

25

6%

1% May
31

30

10%

5
25

Pacific Can Co common
Pacific Gas & Elec 6%

July

Pacific Puhhc Service

Marine

Shovel

convertible

McWilliains

_*

375

82-%vj8tof''
Ilk

Pacific Power & Light

13

18%

1

3,300

Jan

Pacific Lighting $5

Mangel Stores

High

Jan

M
Maine

1%
38%

33%

1

Securities

5 Va %

Macklntosh-Hemphill Co

1%
37

108% 110

13%

O'okiep Copper Co Ltd Amer shares

May

llOJ/2 llOJ/2

Corp

Low

Jan

40

Filters B

Oliver United

1%

50c
*
100
15
1
*
1

Gas

Old Poindexter Distillery

;

Overseas

Common ctfs of dep..
7% preferred A ctfs of dep
6% preferred B ctfs of dep

preferred

Natural

Oklahoma

Jan

51% May

x21

Range Since January 1

High

O

May

1

Shares

Low

•

;-*Vsr3ffyfiSiifv

Sep

1

Logansport Distilling: Co_
Lone Star Gas Corp common
Longines-Wittnauer Watch Co

Sales
for Week

"

tfVs May
251/8 Dec

*

Steel

13% May191/2 Dec

9V4

9

25 J/8

500

1.200

-

Range
of Prices

Par

Sigh

Low

16 J/4-

19%

9'

*

High

15

20%

*

class

Class B
<LOcke

Low
16

STOCKSCurb Exchangt

York

New

Range Slnoe January 1

Week's

Last

'
:

for Week

25

common—,

Groceterias

Friday
Sale Price

satea

Range
ef Prices

Par
Line

Week's

Last
Sale Price

Exchange

EXCHANGE

GURB

YORK

N£W

Jun

92

4%

July

Dec

13%

Jan

2 % May

4%

Feb

1

Apr

2

Feb

8%

Jan

13 % Aug

33

34

(2338)

THE

COMMERCIAL

YQRK

NEW

RANGE

Friday
STOCKS—

New

York

Curb

Leather

common

4%

new

Canada

(Howard)

108

67

2,000

103

70

%

10%

Oct

106% May
22 % Oct
11%

10%

10%

10

Apr

May

8%

8%

2,200

6%

Apr

380

250 % 252

250 %

Nov

£1

4%

Aircraft

Waco

Nov

Wagner Baking

73

Sep

7%

94

*

Co

Manufacturing

$2

&

Bond

Inc

pfd

cum

Oct

Waltham

17

Feb

Ward

39%

Jan

Wentworth

Corp
Manufacturing

West

Texas

West

Virginia

Utilities

5%

Apr
Apr

Westmoreland

Oct

Westmoreland

Inc

4%

Sep

Wichita

10 y8

Nov

Williams

8%

9%

900

5

May

Jan

4%

4%

300

33%

38%

-2,700

27

May

38 y2

31%

32 %

40

27

Jun

35 %

39

3 % May

34

7

Wilson

900

5%

100

Sep

46

27%

Nov

33 y8

(R

Oil

C)

24%

Dec

29 y2

3% Aug

9%

Jun

4% May

8%

Feb

200

9

300

2%

10 5 «

9,100

Nov

25 y4

1,150

21

Dec

36

preferred

3

May

19

1%

150

-

16 %

9%

Jan

17% Mar

36

1%

2,100

9%

Nov

13%

3,800

27%

Jun

2

6,200
400

1%
109

130

1% May

1%
100

Oct

May

4

Feb

3%

Feb

130

Feb

7%

8%

600

7%

Dec

12%

Feb

4%

4%

800

4%

Dec

5%

Nov

3

3 %

4%

700
■

•

3

Sep

4%

Feb

500

.

4% May

9%

Feb

61

Sep

77%

Feb

25%.

200

17% May

27%

Feb

18%

20 V4

700

14%

Jun

29%

838

200

6%

Jan

8%

2 %

3,500

2

Dec

5%

9

1,700

7
May
11% May
% Nov

13y4

Jan

2%

1

50

14%

575

1

2,000

15%

16

100

23 %

23%

150

31

30%

17

17

31%
7%

3 %

1,550
400

17%

7%

850

3%

15

61

13 y4 May
20
May
26

May

7

Jun

12 % May

1,000

3%

Jun

100

15

12%

Apr

18

Tnew
Thor
Tilo

Corporation
Roofing Inc

Tobacco

&

Allied

4

14%

800

10

July

4%

80c

10% May
"

series

§ Central
A5s

A5%s
Cities

Lamp

Jan

Apr

19%
122

Realization

Unexcelled
Union

Chemicals

Gas

of

12%

Union

Oil

Service

$3.75

Union

pfd

of

Debenture

series

United

United
United

K'. United
United
United

Aircraft

Chemicals

Corp

1st

Milk

'0?: United

52

20

Apr

49

Jun

8

July

7% July
63 y4 Jan

12%

Jan

"l%

600

1

Oct

88 %

91

270

79

May

99

99%

100

99

Dec

102%

'/8 May
3 y4 May

l7/a

Jan

1%

2,700

4

4%

4,400

2%

2%

5,500

1

1% May

~7%

_7-.%

10

10

1,500
400

Guantanamo

4 Vz Mar

3>/8

32%
7%

A6%s
A7s

A7s

series

Feb

Kansas Electric Power

7

Apr

Kansas

104%

Jun

Midland

United

Profit

S

and

$5

1st

Feb

~\$

200

17%

3,100

Mar

7%

May

25c

International

common

f Universal

with

12

Oct

27%

Feb

Apr

28.

Feb

27%

70

2*

248% 248%

10

248

1%

12,700

2

3y8

Feb

1% May
Jan

3,500

60

Sep

71% Apr

40 %

Dec

49% July

40 %

41

250

26

24%

28

26

99% 100

Venezuelan
Venezuela

Vogt

6%

J-J

1952

—

J-J

For

footnotes

see

page

J-J

68

J-J

21

J-D

1969
1956

J-J

A-O




_

108%

29'/8

43

15

25%

42

30

26

28

68

69 %

42

24%

49

21

24%

7

98%

22

12

$102 % 104

—

42

102%

65

8

$104% 105%

_

42

8

,,

41

25

94

21

42%

104%

111

102

--

105

107%

__

$107% 108%

F-A

3%s
4s_

58
103

58

104

1

53

65

102% 103'/a

11

102%

104%

106% 106%

__

1

105%

107%

102% 102%

12

101%

105% 106

105%

30

105%

109

102 %

107

102%

__

104

92

77

92

San

May

20%

Nov

2%

2,400

2

May

3%

Feb

Dec

89%

Apr

81
16

15%

3

3

125

1,200

79%

10% May
2% Oct

3%

600

2%

2%

1,200

2%

36%

2%
37

26%

38%

400

26 %

26%

Jun

Apr
19% July

Southern

California

Gas

Southern

Counties

105

A-O

105

'

104%

lod;;!

108%
117
"

108%

108%

116:

..1.21

110

A-O

105% 105%

24

3%s__—1970

(Calif)

108

3%

Feb

44'

Nov

23

Elec

\

150
1 500

3

May

4% Jan

A7-4s

1,200

21

May

23.% NOV

Stinnes

32% Mar

Stinnes

-..rl;
8

May

60

94

May

6%;

1,600

3%

1,000

5%

Oct

2y4

Feb
Sep

107%|,

105% ,1073%;

99

98%

$102

104

100

102

113

F-A

113%

A-O

$66%

105

.

105%

,108/,

.

104%

100/

12%

Feb

126% Mar

7% May
4 ;

July

A5s

-Wash
West

3rd

89%

117 V

£

Feb

.West
As

..75

68

.

1946

stamped
Industries—

J-J

:

__

$24

33

25

25

27

.

inccme

,;

.

A-O
J-D

-

__

•

__

f,

25

103% 103 3/4

1 :• j k-V-L-

47%

103% 106%

Hotel—

1954

debs.....

Water Power

3%s^

Electric

Penn

Traction

5Si_!

1960
>
;

76%

M-S

J-D
A-O

i.—^__1964-

5s-._w^.__'__—2030

Newspaper Union—
s'f debentures..

conv

47%

'

(Hugo)

Penn

t Western
"

14

70

(Hugo) Corp—

Waldorf-Astoria

1,100

101%

Jan

3%

10%

%1

97% .100%,

98%

M-N
A-O

Spalding (A G)

21%

102

$100%

J-J

5s.
____-___^__1989->
AStarrett Corp inc 5s_.
...1950
5s collateral trust
1966

&

$115

—

.__.__.1971
3%S-—1970

Southwestern

Gas

$100

101% 102%

Oct

26%

'

170

M-S

Feb

3%

6%

109

146

1951

3%

21%

3%

107%

148

3s__~1965

18%

3%

May

Gas

1st mtge 3s__——

,.

21%

9%

108

148

1043/4

M-N
M-S
A-O

,_

Edison

•

23

mtge 3s

California

5

100

105

$102

J-J

M-N

Joaquin Lt & Pwr 6s B___.—1952

15

15 %

105

New Jersey—

Safe Harbor Water Power Corp 3s_1981

350

87/a May

11%

35.

99%

1966

Queens Borough Gas & Electric—
5%s series A
-—1952

18%

—

__

—

1963
3%s

perpetual certificates

18

—

104'%

J-D

18

•

26

Pennsylvania Water & Power 3%s_1964
3%s
1970

Scullln Steel inc

20c

104

105%

104% 104%

—

$901/2

Southern

__l

104%

102%
103

J-J

Feb

800

_io

Petroleum..

107%

103%

104%

$99

Jan

2%

Syndicate Inc.—

103%

4

A-O

14%

79%

Manufacturing...

1

7

A-O

23%

9%

68

56%

—

102% 1021A

J-D

May

100

106 %

13

24V4

105 %

103

9

25

65

102%

103 % 103 %

__

1971
Park Lexington 1st mtge 3s—....1964

11

5

12

104

$104

__

84

55

__

61

104

1968

4,100

__1

'

103

$57

--

104

...2004

9%

23J,

preferred

103

—1957

mtge 3s

14%

79%

common

convertible

103

1963

Y & Westchester Ltg

1st

9%

V
$4

124

63

35

;—1946;
,'United Electric Co of N J 4s__-_~ 1949

,

__

25%

A7-4s 2nd stamped.

Valspar Corp

106

120

--

.

$21

to

Power

13%

10

68 %

36%

98%

RR—

9%

•

common

70

$21

Light 3%s

4%

13 %

10

53%
25

13% Mar

40%

•

Products Co common.
,:B Utah-Idaho Sugar__i
^..j
Light

Feb

10

63 %

1

125

F-A

Ohio Power 1st mtge 3%s

Apr

293%

100

60 V8

warrants

'IH; Universal

&

900

7%

Oct

11%

60%

_,_i

119%

"

11

50c

116%

Nov

Apr

N

$..

102'% 103

M-S

28

27%

25

;

114%

1

$C5

M-N

Jan

105%

107

20

J-D

1961

England

106%

98%

31

28%
99%

$-.

—

__

1955

coup)

1967

45% Mar
18%

55%

28%

98%

M-N

New

16%

28

Securities

Insurance

Power

Valley

5

common

J-D

53%

4

1970

Corp deb 4%s

Extended at

1

Consolidated Oil.

Universal

&

l

Reclaiming Co

J-D
J-J

Milwaukee Gas & Light 4%s

25

20 %

1%

^

M-S

Jan

Apr
19'/a May

19%

ip

common

Stores

Power

109

100

—

F-A

6s

Public Service of

248%

M-S

Dec

45

% May
29

14%

28

__

27%

2% May
26

1,700

36%

25

preferred

Debenture

Apr

7% Mar

Sharing

Radiator

;US Rubber

Utah

200

17

19%

*

loo

United Specialties common

nited

4,600

regis

Canal

v; U S Foil Co class B
V * U S Graphite common

S

3%
45

%
35

17

7

Preferred

;

3 Va
42

♦

....

•U

.

115

J-J

Altalian Superpower 6s

Jan

3%

53 3

99

1952

3%
9%

_

M-N
May

1957

11%

62

110

$._

J-J

1952

Sep

Dec

107% 108 V2

A-O

F

Aug

Jun

12

1949

(July 1941 coupon)

2%

56

104%

69

99 %

J-J

(Aug 1941 coupon)

7% May
5% May
90

5

100 %

i

1957

6

20

92%

A-O

E

series

1,200

225

82 V*

Sec—

1941

3,100

92

93%

2

82%

1955
1

2,300

62

105%
106%

81%

1963

7%

90

103

104 %

1950

Power

106

26

Jan

(Dec

97

103%

39

1958

series C

A6%s

96

420

1949

6s

5s

ref

7 %

61%

83%

98%

—

1963

B

&

International

Feb

92

104 %

100

1948
1950

Indianapolis Power & Lt 3%s

Dec

12'/a

lien

1st

Feb

4% May
8% Oct

series

6s

Jan

Jun

61%

4

104% 104 %

1956

Indiana-Service 5s

2%

100

64

Jan

& Western

7%

100

71

106

Bank—

Mtge

Hygrade Food 6s ser A

Jan

July

Residential

2'8

6

92%

81%

100

J-J

1965

Interstate Power 5s

6

64

82 %

1993
1993

standard

5s

Oct

2%
105

49

RR—

B
3%s

5%

10

common

///
10%' preferred
jit United Shoe Machinery

ser

Fuel

90 %

Oct

Molasses Co Ltd—
ord

4s

115%
165

99%

Division—

4s ser A
&

7%

•

Amer dep rets
United NJ RR &

N

5%

*

Preferred

vh:

Western

mtge
Gas

110%
165

—

AGeneral Rayon Co 6s ser A

%

Products

&

of

J

2

„

105% 105%

..

81%

1961

mtge

A 1st

Eastern

City)

4%s

Lack

105%

108%

41

103

A-O

(Bait

Grand Trunk Western Ry. 4s
Green Mountain Power 3%s

19

104

1954

R

Oct

Apr

A-O

107 34

Gas

97%

—

Q

ser

series

111%

106%

104 % 104 VI

M-N

(Bait)

Jan

12

warrants

Elastic
Corp
Corp common
Light & Railways

M-S

1962

McCord

Gas

91'%

3s ser P

2%

»

common

91 %

98 %

2%s

Pwr

mtge 2%s

ref

119%

103%

19

.

M-S

A-O

ref

1st

102%
115

100%

%r

89%

1981

&

1st

mtge

99
106

90

--

Lt

Lackawanna

37

111% 111%<
$165
180
►

__

J-D

El

mtge

227/a

200

97%

High
102%

69

101 %

$—

1969
1976

Gas

Finland

16%

101

98

Registered
ref

Low

100%

__

$118 % 119%
101

M-Q

1st

No.

102% 105

J-J

Consol

Range Since
January 1

Sold

High

noonl2
103

Bonds

Friday's

Bid & Asked

J-J

Elmira Water Lt & RR 5s

1%

or

1969

Oct

52

Week's Range

Last

Sale Price

1977

227/a

16

50c

Feb

99% 100%

1958

*

com..

~3%

5s

5

Omaha

Dec

99 3 a

5s

10c

A

2is

3s

Nov

_7%

Products

12,300

Debenture

19

Calif—

Stock Yards of

United

2%

Jan 1966

5s

800

—

Co

Nov

1954

21%

*

Nov

13%

Q-F

redeemed)

(10%

21

10

Corp

14%

Dec

Corp—

Feb

"lVa

Investment Co

Jun

9 %

1948

Electric

Nov

99%

Canada

Union

9%

100

J-D

redeemed)

20%

88%

Corp

Feb

1,300

1998

48%

—

preferred

16%

9%

1970

Jan

12% May

Works

May

141/4

Debentures

Feb

May

U
Ulen

6s

2%s__.

States

(10%

A7s

;

Steel

Edison

A 7s

5

C

Bethlehem
Boston

33

27

convertible

11

2,3g

J-D

City Electric 3%s
Telephone of Canada—

Bell

11% May

Inc

Tung-Sol

Feb

9%

2y4

1960

A

150

%

108%

300

j-J

6s__

5%s

Atlantic

Oct

900

2

14%

Period

4%s

deb

4,300

4

13%

_i_

1964

Tel

153s

1%

Feb

Nov

'

14

Hf-N

Feb

5%

pfd

Oct

13%

j-j

deb

Power

&

47 %

reg

'/+%

17%

Interest

2%s conv debs

10%

15

52

11% May

J-J

Jan

34 y4

16

Stocks

300

1955

16% Nov

Jan

14%

Tonopah Mining of Nevada
Trans Lux Corp
Tri-Continental warrants
Trunz

8%

14%

-1

1534

__

Exchange

13%

21 %

151/4

105

•

47

...5

21%

1953

Jan

29 y4 May

8%
13%

...1

dep rtits def
Shipyards Corp
Edison

12%

—5

Construction..

Amcr

Toledo

600

117

Tobacco Security Trust'Co Ltd—
-Amer dep rets ord regis
Todd

700

31

100

...1

Realty &
Brewing Co

Tivoli

10%

30%

12 %

common..

Tishman

10%

.2

common.

Nov

2024

35% Aug
207/a

Curb

Electric

Tel

Delaware

10%

50c
Co

14%

Appalachian
Associated
Assoc

Gen

30%

Inc

Shovel

350

J-J

Feb

T

Textron

15 i/a

£1

York

Consolidated

pfd.

Jan

143/4

J-D

Sep

32

•

common

Jan

8%

1961

■Aii

Taggart Corp common
Tampa Electric Co common

Jan

19%

Sep

1970

Jan

1

3%

20%

Nov

5 %

Amer Writing Paper 6s
Appalachian Elec Power 3%s

Feb

17%

8

14

—

Sep

10%

Low

Feb

14

lo

11%

600

Friday

Oct

2

25c

50

150

5%

__

BONDS

Feb

8%

Sunbeam

Oct

21

May

__

5s

Hargreaves Ltd

New

5s

61

24%

8 Vb

Oct
Nov

131/4

100

receipts

Sep

18

5%

32 y4 Mar

1%

2

deposit

12

13

5%

*

pfd

preference

Wright

Feb

4%

common

6%

4% July
21% July

28%

108

18%

12
__

25

4%%

27

31%

13

1

w

Mar

14

1

common

& L

American

Nov

10

27%

__

w

Nov

32

37% July

Feb

800

3%

4%

Light 7%

19

160

Jan

23

27%

Stinnes (Hugo; Corp
Stop & Shop Inc
Stroock (S) & Co common

&

18

100

28%

Nov

Jan

9%

Sterling Brewers Inc
Sterling Engine Co
Sterling Inc

Power

May
May

26

23

28%

105

25

23

18%

Jan

20

Oct

113 % Mar

Jan

1%

4% May
iy4 Oct

9%

3

Texon Oil & Land Co

8%

475

36%

9%

Feb

2d

*

Petroleum
Woolworth (F W) Ltd—

8% Mar

600

r—1 CO

& Co common

Technicolor Inc

4,100

152

34

__

l

7%

Swan Finch Oil Corp

152

__

2

7

3%

20

Co

Inc
common

Woodall Industries Inc

5

21

3%

&

Woodley

800

9%

22

;

Corp..
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co

17%

10

Aug

1%

1%

Corp

Products

P

Co

July

6%

Co

Co

25%

39
•

4%

4;,4

Co of Canada

(J. B.)

16%

10

&

Biothers

5%

Feb

(Wm)

River

Willson

Nov

35

34

_

10

600

5%

'

w

—

110

28%

24%

24%

5

40

27%

27%

10

Corp

16%

20

2'/a Mar

Sterling Aluminum Products.

lexas

!

Coal

3,S'00

108 Va

Products

111

Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
♦

102 J/4

378

Standard Tube class B
Starrett (The) Corp—

,:U-:

Feu

*

5

3%

25

preferred

Standard-Thomson

i

preferred

$6

3%

Preferred

i

Feb

2%

1

—

"

8%

May
6y8 May

1

Power & Light——.
Common class B

Ski'

Dec

lVa

600

Whitman

:£ Standard

Stetson

3%

1,000

8%

Weyenberg Shoe Mfg

"

&•*<'-

1,050

2%

8%

Feb

25

Dredging Corp common
:• \
$1.60 convertible preferred—
f: Standard Forgings Corp.
Standard Oil (Ky)

(A)

4 %

2

8%

Jan

Standard

Steel

3%

2

1

8%

,

Stein

Feb

15 V4

...

|v.

Feb

12%

Apr

25

"

Standard

27

Dec

Sep

,

Convertible

Dec

5%

7% May

-

Feb

11%

3%

_

5%

250

1,500

8%

Feb

Dec

1,900

Sep

Wisconsin

.

1%

Apr

7

2,900

1Q

'^ Southland Royalty Co
Spencer Shoe Corp
.1
Stahl-Meyer Inc.
Standard
Brewing Co
Standard Cap: & Seal common-

1,100

113%

12

3%

33%

Jan

13%

Apr

5%

9%

__

3%

Jun

11 y2

1.25

Coal & Coke

Winnipeg Elec

.

1%

8% May

5%

8 Va

Southwest Pa Pipe Line

preference
4.32% cum preferred
T;\ Southern Pipe Line

1%

1 %

11%

3%

1

conv

100
200

4

Aircraft

Oct

2 %

9%

110
__

Baking Co warrants

Jan

2%

1

Co

8%

12.50

1

High

30

Watch

3%

common

Southern California Edison—
5% original preferred

Low

9%

__

1

25%

24

1

common

Range Since January

High

100

l

Coast Corp common

Low

ext.*

ctfs

1

South Penn Oil

4.48%

trust

1

;•

Corp

Shares

•

voting

preferred

Waitt

115% July
27
Feb

9%

for Week

Feb
Jan

15 y4

312

Sales

Range
of Prices

Pur

24

13

Week's

Last

Sale Price

Exchange

Nov

3%

100

Paper Mills..

Sep

Curb

Dec

Warner

36%

:_l

Manufacturing Co

South

71%

100

preferred

Solar Aircraft Co

Soss

70

Dec

9% May

♦

dep rets ord regis
City Gas & Elec Co—

Sonotone

71%

17

600

York

High
16 V8

Publications—

preferred

Amer

Solar

2,000

2%

•

Simplicity Pattern common.
Singer Manufacturing Co
Singer Manufacturing Co Ltd—

Smith

4,100

17%
15

*

convertible

3.90%

2%

17

14%

.11% Jun
2 V2 May

•

common

Simmons-Boardman

Sioux

2%
14%

25

common

Breweries Ltd

$3

600

17%

100

Sherwin-Williams of
Bilex Co

Low

16%

New

Range Since January 1

High

15

•

preferred

Sick's

Low
__

1

Co
6herwin-Williams

Friday
STOCKS—

Shares

.5

Bheller Mfg

ENDING DECEMBER 5

for Week

♦

Bhattuck Denn Mining
Shawinigan Water & Power

EXCHANGE

CURB

FOR WEEK

Monday, December 8,1947

Sales

Range
of Prices

Par

Seton

Week's

Last

Sale Price

Exchange

CHRONICLE

& FINANCIAL

>•;

^''*
F-A

107%

82
110

$106% 107%

-105%

108

f.

115%

122

«

$120

J-D

.y/A'-j"
1959

63 y«

76% 77%
$107% 108%

._

A
,

;

1

'•

$i023/8 105 ?

..

.

j-.,:'.'-

101%

..

A

105%

Volume

THE

Number 4653

166

& FINANCIAL" CHRONICLE

COMMERCIAL

NEW

WEEK

FOR

-

(2339)

•.*

DECEMBER 5

ENDING

Week's Range

Friday
Interest

York

New

Curb

Exchange

Last

Period

BONDS

Foreign Governments & Municipalities

Sale Price

York

Curb

Interest

Exchange

Last

Sale Price

Bid & Asked
Low

Agricultural

Mortgage
7s

April 1946

20-year

7s

Jan 1947

Mortgage Bank

(see

ACauca

Port

76 %

delivery saie.
d Ex-intereai," e Odd-iov
n Dnder-the-rule sale,
r Cash sale
t Ex-dividend

bid and
being

asked

prices;
flat;

traded

6

I Ex-distriDution.
j*x-right«,

sate

week.

'
above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬

Abbreviations used

40%

42

32

22

45

85

85

2

81

.

.

96

1953

F-A

176

85

88 Va

94

J-J
M-S

10

10

10

29

111

14

11

18%

28

34

30

47

(Plan

reduced

stamped!

127

M-N
J-D

,_2008

1951

45

140

are the daily closing averages ol representative oiock& ana uouus
the New York Stock Exchange as compiled by Dow, Jones & Co.

Below

A)

2V8s

to

listed

on

Eogota—
(issue of May 1927)

A7s

(issue

Oct.

of

Mortgage Bank of

—1947

<

M-N

,,,1947

J-D
J-D

Chile 6s

1972

Mortgage BanK of Denmark 5s

46

46

10

20

Indus-

52

Rail-

Nov.

Total

IB

Utll-

65

•

10

Grade

Grade

Utlll-

Total
<0

Ralls

ties

B*"**

86.34

102.53

roads

tie*

Stocks

trials

Rails

179.40

29

lb

Second

Indus-

First

10

trials

47.12

32.94

63.00

100.40

103.50

Date—

53

46

146

A-O

1931

1927)

46

Bonds

Stocks

Bank of

A7 s

A

37

2

38

transacted during current

^Reported in receivership.

30

Mortgage

sales being

no

High

25

3

tive; "conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
"w i." 'when Issued; "w w." with warrants:
"iw." without warrants
//

stamped—
1952
6%s stamped_I958

6V2S

7s

65 %

M-N

City (Peru)
Maranhao stamped
AMedellin

J 66

2%

2%

Low

Waterways—

ALima

Interest

J-J

J-D

.

&

AExternal

78

J-J

January 1

No.

30

Deterred

a

Ex-stock dividend,
A Bonds

A-O

66 %

1955

5s

Danzig

g

High

value,

par

128

M-S

Range Since

Soid

High

Loan—

5%s

External

•No

of)

*

Municipal

External

Low

No.

High

J 66

1948

Valley 7s,
Cons

Sold

Range Since
January 1

6%s___

%s

IFriday's

20-year

A

Danish

Bonds

(Col) —

Bank

A

Bogota

A 5

Week's Range
or Friday's

Period

New

Friday

Government

1919
1921

ARussian

Bonds

Friday's

or

Bid & Asked

Low

BONDS

35f

EXCHANGE

CURB

YORK
RANGE

* -

,

98.19

82

82

180.61

47.65

63.43

100.33

103.26

86.12

102 47

PR 04

Dec.

2

180.76

47.84

33.06

63.55

100.39

103.29

86.07

102.46

98.05

Dec.

18

3

*179.63

47.49

32.94

*63.15

100.31

103.18

86.39

1UZ.34

9o.o5

Dec.

25%

81%

119
82

98%

1

32.96

Dec.

Parana

reduced

Interest

Rio

de

stamped

Janeiro

reduced

Interest

(Plan

32

178.79

46.94

32.83

62.77

100.20

103.10

86.05

102.10

97.86

5

176.10

46.28

32.62

61.92

100,07

103.11

85.80

102.01

97.74

*The

A)
2012

2%

t)

J-J

2008

2Vbs

to

24%

124

4

Dec.

stamped (Plan A)

J-D

3'A

2 »/4

2%

27

2

of

6

OTHER STOCK
RANGE

WEEK

FOR

the

of

average

American

stocks

industrial

30

gives effect to the ex-dividend of 20%

EXCHANGES

ENDING

DECEMBER

5

Friday

Baltimore Stock
Friday

Week's

Range
of Prices

Shares

Low

Par

Corporation

Arundel

*

14%

Transit

*

3%

3%

Co

5%
1st preferred vtc
Fidelity & Deposit Co
Fidelity & Guar Insur Corp

17%
148
40

105

Feb

3.35

Nov

9%

17

Nov

44%

6

143

Oct

176

40

Jan

20

40%

100

Aug

Jan

105

160

^

Jan

40 %

Jan

preferred
New Amsterdam Casualty
O S Fidelity & Guaranty,
prior

National

Western

26%

120

24% May

29

Jan

46

46

224

39% Mav

46 Va

Jan

42

7

42

1975

A

series

73%

741/4

1975

4s

83 %

84

1

Friday

Feb

45

41% July

S

Machinery

Shoe

6%

_

Sale Price

71

July

90%

1,850

83

Aug

98

Sugar Refining
American Tel & Tel
Rights

100
180

152 %

of Prices

Shares

"

Woolen

Feb

18

Oct

39%

645

32% May

42% Aug

40

46

41

41

50

53

56

3,004

60 %

63

25

Mass

Co_-_

Ry

Jan

Jan

59% July

975

60

Sep

71 Va

41

120

40%

Dec

48

43%

191

40%

Jun

69%

20

145

140

May

Apr
May

146

Feb

July

15

12%

15 V8

130

17"%

Jan

14%

15 %

1,132

13% July

18

Apr

27 %

15%

»

D)

May

44%

40%
145

100
•

System Inc
(S

_

Apr

40 Va

__

42

Friday
Last

245

3,692

1 %

1%

130,737

39%

39%

43%

327

Sale Price

STOCKS—

Range Since January 1
LOW

.

17 Va

15

28 V2

730

22% May

30V4 July

15 Va

13%

Apr

Chicago Stock Exchange

High

152% 152%

10% May

150

Feb

1 %

1-—*--

—

.

424

16

53%

Sales

45%

12%

41

10

for Week

44 %

45

11%

Aug

Feb

Range
LOW

Par

American

_

Rubber
&

0

25

common

preferred

Vermont

--

•

Fruit Co

United

Waldorf

$16,500

Week's

Last

American

High
15% Mar

70

5

Drill

Twist

Union

U

Co

Boston Stock Exchange
STOCKS—

LOW

13%

14%

38%

—

Co
Westinghouse Electric Co-p

Co

Range 81nceJanuary 1

High

16

li%

•

Inc—

Inc

Warren

Baltimore Transit

Shares

14%

,

.

Torrington

Nov

26%

20

Bank

105

BONDS—

5s

Shop

&

United

Mount Vernon-Woodberry Mills—
6.75%

Stop

Webster

&

Stone

_

Jan

215

18%

105

25%

148

40

High

Dec

42

3.60

148

100
2
50

Low

14%

s'«

Association

Shawmut

310

15%

17%

100
20
10

Range Since January ]

High

14%

Baltimore

Low

Par

Sales

for Week

Range
of Price*

for Week

Sale Price

STOCKS—

Bale Price

STOCKS—

Sales

Week's

Last

Exchange

Last

stock dividend

Smelting & Refining Co.

34% May
149%

Dec

Aluminum

Advanced

Ball

Aetna

Bearing
Laboratories

174%

Feb

Allied

2 A

Jun

1%

45%

Oct

American

Dec

51

26% Jan

Oct

Tel

Castings

Co

3%

*
•

common

Tel

&

5

common

capital

__

26

152%

100

Rights w i

1

for Week

of Pricea
Low

Par

High

Sates

Week's
Range

Shares

Range Since January 1
High

LOW

High

3%
10%

1,150

3%

Sep

7%

Feb

11

150

9%

Jan

11%

Nov

25%

26

450

17

Jan

27

400

150

Jun

174%

24,900

1

Dec

3%

152% 152%
11 %

2

Nov

Feb

ij|

Oct
■

Anaconda

—50

Copper

32 %

32%

815

36'%

31

42 Va Mar

May

Armour & Co

Bird

Son

&

Boston

6%

Carpet

Bigelow-Sanford

Elevated Ry

Eoston

19'A

14% May

Jan

135

Nov

115

Jan

Asbestos

Automatic

Washer

Avco

Corp

19%

495

18%

Sep

20 Va

27%

155

25 %

Sep

37%

Jan

19%

•

26%

Mfg

Stamped
class

B

7%

class

C

10%

class

4%%

1st

1st

D

class

pfd
pfd

1st

D

150

3

6

375

4%

Jun

6 Va

6

45

4'A

Jun

100
100

pfd stamped

1st

4

5%

100

stamped
stamped

stamped--100

pfd

39%

20 % May

31

4

100
100

,

8%

175

28

100

prior preferred
class A 1st preferred

7%

28

%

Feb

8

May

July

10

July

Bliss

Trust

Prop

Cities

10

Service

Eastern

Gas

4% %

6%

pfd

1st

6%

Brach

5

May

2 %

May

7

series

100

17

18

100

Eastern SS Jjincs Inc
National

_*

Stores

.

Lit

Electric

kehnecott, Copper
Corp

Larrtson

Star

•

(Del)

6%

pfd

•

Narraganisiett

—

England

l
5

Cos

North

Northern

Butte

Pacific

(N

'

Quincy Mining Co

see

page




44.

Jan

45

70%

Nov

99 %

Jan

55

85

Sep

124%

Jan

20

Aug

47

Jan

24% Mar

21%

685

21%

535

62%

60

Dec

13%

Sep

3% Aug

5%

Feb

4% May

7%

Feb

37%

200

28

Apr

19%

200

18%

Apr

13V'4

14'A

200

12% Sep

■39%

Oct

23% Aug

14%

Feb

13 3A

250

11% May

17% Feb

17

17

100

13% May

18

11

11

200

9% May

59

12%

62

250

40

Mar

62

Dec

47 >A

50

350

35

Jun

50

Nov

10%

Jan

12

%

20 %

Ring common

Carr-Consolidated

51% May

62%
44.50

&

Central

Nov

13% Feb

Convertible
Cent

S

ft

Central

common—1

preferred

W

Util

States

100

16%

Apr

21

Feb

12 Va

650

11%

Dec

23%

Feb

6%

2,400

Pr

1%

Lt

pfd

4%

1%

Dec

24

35 %

1,867

31% May

40

29

425

23% May

pfd

2%

Apr

Sep
Feb

Chicago & South

:

Air Lines

1

4

300

44 %

46%

336

41% May

51%

Jan

Jan

Sep

46%

125

41%

Nov

46%

100

Feb

182

14
May
58% May

17

67%

78%

Feb

Service Co common

(The)

200

G

6

33%

20

58

21

11

>

;

620

12%
37c

40

16%

35c

20

11%

11%

12%

85 %

84'A

88%

56c

56c

70c

2,500

.

34%

15

16%

2,296

7

t-

:

21

Feb

19%

Feb

8% Aug

6% May
60% Jun

65 % Mar

62

62 %

500

28

33%

150

7

7V4

150

7

5%

5%

400

5

61%

400

35%
39

7

25%

60
35%

38

38

25

26

2%

60

Edison

common

50c

13% Nov
121

1%

(new)

Cumulative

Aug

120

Feb

140

preferred

(new)

650

Credit Corp

class

10
A__

1

10%
3

6%

Nov

■

.*.t

-■

Flour Mills of America
Drive

Feb

9%

Feb

56 %

Sep

66%

100

23%

Jan

22 % Mar

39

25 %

Candy class A

Jan

General Motors Corp

Jan

Gibson

Refrigerator

33%

Sep

10

25

May

28

Sep

33 %

50

35

Apr

41

Sep

10

10%

250

Jun

13%

3

15%

15%

9%

9%

:

5

common

10

Co

common

1

Gillette Safety Razor common
Goldblatt Bros Inc common

♦

Goodyear Tire & Rubber common

*

Feb

Gossard

Feb

Great

Co

Oct

3,500

5

Oct

4%

Oct
Nov

26]'4

Nov

3

100

2,100
•

__

56%
8%

16

119

1.100

9%

2% May
81

13%

600

17%

300

52

8%

19%
581%
8%

200

28%

700

Feb

9 % May

10%

19%
56%

May

6%

(W H)

common

Lakes Dr & Dk

common,

*

28%
—

Oct

19% July
11% Feb
20%

Jan

65

Apr

Feb
Nov

9%

Nov
Feb
Nov

28%

300

23% May

31%

Feb

10

10%

200

10

Jun

16

Feb

43

100

43

Dec

43

18%

300

16% May

22

Oct

17

16 %

20

Jan

•

18

43
18

•

16%

16%

__

4%
113

Jun

May

11%

40%

26%

10

Inc

Auto

Feb

V
-

13%

Aug

25 %

96

*

39%

2%, May

164

Dec
'

38 %

50

26%

26% May
15% Dec

Dec

26 %

*

Eddy Paper Corp (The),

General

Oct

33%

Co—

Dodge Mfg Corp common

Four-Wheel

9%

May

22

250

Feb

67C

Dec

15 Va

Oct

Domestic

Dec

34%

4

'

May

11%

1,650

Feb

14% May

84 %

15%

3%

62

26c

540

34%

6%

7%

351/4, Nov

Dec

4,262
:

11

138

138

11

Consumers
Common

5% July
24% May
43% May

Commonwealth

7 % Mar

33%

10

Inc

Co

950

500

62

Dec

15

67%

Cities

Coleman

8 %

8%

•

(new)

Feb

15% Mar

10% July

8%

__5

Chrysler Corp common

3 %

1%

2%

Nov

xl

*
*

Jan
Jan

May

*

Electric Mfg class A
Chicago Milw St. P Pac vtc

20

42

1 %

8% May

100

9%

1

Chicago

Dec

May

4%
30

400

1,700

12

32% Mar

39.50

1%

%

9

8%

*

Chicago Corp common
Convertible preferred

100

34

34

12

*
50c

common

&

34

1

common

Feb

18

11%

4%

10

common

Corp

15

16%

14 %

17%

10

Biscuit

Secur

300

14%
11%

1

12Va

(A M)

Co

111

47%

5

Jan

41.60

U

footnotes

97

Jun

335

100

__25
2.50

82

25

•

Rexall Drug, Inc

Piston

Oct

73

50

Mills

6%

700

19'A

•

common

40 Va

Jan

92

16%

100

H)

Pennsylvania RR

For

25

2.50

Electric System
& Tel

Mining

RR

12

1

England Tel

I

88%

57

Racing Assn

Service

88%

33%

*

Nash-Kelvinator

New

23%

15

67%

Mergfen thaler Linotype

New

60

(E L)

Burton-Dixie Corp

42

%

i_,25

Mathieson Alkali Works

'

36%

3
44

3'8

37

10

Butler Bros common

28%

:_.___5

Theatres

Cement

Mainp Central RR common______i-100

National

35 Va

Co

Feb

34

1_.15

7

19%

2%

W)

Jan

6% May

41.60
34

—•

Co

Copper

LoeW's Bciston

.60%

1
•

Gillette* Safety Razor

Isl^'Royalp

21%

•

common

Capital Corp

General

144

25

25

700

1,000

950

2

37

10
—1
J

Laughlin Inc common

8Va

12% May

7%

72 %

100

General

410

7 Va

92

100

A

preferred adjustment

Lone

88 %

4

5

15% Oct
3% Feb

July

11%

Castle

preferred B

First

35 Va

4
4%

"

common—

common

Corp
& Sons (E J) capital

Bruce

30
68

7

& Fuel Associates—

prior preferred
Mass Street Ry—

Eastern

-

Co

(George

Borg

Feb

4'/a Jun

7%
3

16%

•
5

Mfg

Si

Burd

Personal

Boston

Calumet & Hecla

6%

4%

3

Berghoff Brewing Corp
Binks Manufacturing Co capital

Feb

7

55

7%

6'/a

3

6%

A

9% May
1% May

1,900

8% July

3

__

1%

3

common

Bastian-Blessing Co
Belden

Boston & Maine RR—

5%

1%

13%

Sep

26%

13 V*

4

Athey Products Corp capital

Jan

13%

1

Mfg Co common

Jan

50%

39% May

19%

lOu

stamped

140

Dec

1,952

40

Boston Herald Traveler corp.

71

131%

40%

40

25

100

116

115

100

RR

18%

18%

*

Inc

& Albany

Boston Edison

59

131% 131%

pfd—,100

5

common

1,200

Dec

Dec

36

THE

(2340)

COMMERCIAL

&

FINANCIAL CHRONICLE
■

Monday, December 8,1947
»

.

OTHER STOCK EXCHANGES
RANGE

Week's

Friday

Range

Harnischfeger
Heileman
Hein

Corp

(G)

Corp

Illinois Brick

Co

Independent

low

23%

200

Apr

25

750

19 % May

29

Dec

IOV2

100

10%

Sep

15

11 Vb

11%

150

11 Vb

Dec

17%

Tool

•

com

Katz Drug

Co common
Kellogg Switchboard common—

v-

Leath & Co

Libby

1
•

50

8%

700

~8%

Mandel

Bros

&

Miller &

$.1

Hart Inc

111

Northwest

Corp

Northwest

6%

200

5% May

20%

400

17

,Jun

29

Feb

9%

400

8

May

11

21%

350

16

45

250

20%

9%

Feb

7%

Jan

25

Jan

9%

100

9%

Dec

9%

22 %

May

34%

13'%

100

13%

Dec

30

Jan

13%

14%

1,600

13%

Dec

24%

14 V*

10

5
4

common

Util prior lien pfd

700

25%

23%

200

13% May
17% May

23%

200

49% May

64 Vb

100

28

37%

200

48

50

9
__

100

—

ft

Randall

common..!

Manufacturing

Ontario Mfg

170

May

18

Co oommon

Peabody Coal Co class B
6%

21

100

Pennsylvania RR capital
Potter Co
(The) common
Process

(The)

Corp

Quaker Oats Co
Rath

Packing

150

May

Serrick Corp

10
*

common

Co

capital

class B

class

—

Rapid

1

—

Prod

Corp

common

Signode Steel Strap

common

Sinclair Oil

*

32%

Bend

Spiegel
St

Inc

Louis

Clothes

Lathe

6%

6%

850

15%

5%

30

105

190

16%
6

800

5

Jan

American

20

9%

Apr

Dec

Jan

110

26%

Cleveland

Jun

6 %

Sep

91

10

85

May

94%

Feb

30%

30%

20

28

May

32

Feb

29%

Oct

28

28%

200

22 %

37%

600

30% Mav

12

Jun

8%

50

12

32%

34%

40% July

Jan

x24% Mar

1,150

14

14

450

13%

Ice

$4.50

800

Container

Sunbeam

Cleveland

&

Texas
Thor

Firestone

Tire

Body—

Co

General

stock

capital

General

Motors

6% May

9%

Feb

23% May
8% May

34%
17%

__

9%

9%

29%

29%

10%

600

29%

30

350

9%

10%

250

9%

Sep

39 VB

39%

700

37 %

May

9%

Dec

38

Feb

Illumln.

9

9

9%

30%

30%

24%

26

9

July

Nov

10%

Nov

26% May

33%

Salle

Low

3%

St

50
650

26%

Oct

May

33%

33%

200

31

May

37%

Jan

5614

561/4

57

200

53%

59%

Sep

23%

Feb

37

Dec

Corp

211/2

21

22

650

14

36%

36

37

700

21

May

46%

•

Steel

t>

capital

47

104% 104%

4
•

common

120

46%

Dec

100

89%

Jan

Wieboldt Stores

Wisconsin

Inc

Yates-Amer

4

Mach

common

capital

751/2

700

•62

28%

200

23 Vb

5

17

17

10%

common

Bankshares

73%

27%

731/e

Westinghouse Elec & Mfg common_12'/2

,

54

Feb

10%

11%

1,200

14

13%

14%

1,150

May

Apr

108% July
79 Vb Feb
30

July

16

Jun

23%

Jan

10%

50

Dec

13 V2

Jan

9% May

15% July

Stocks—

Unlisted

Alleghany

Corp

1

American Radiator

San com

& St

•

3

Halle

3%

3

600

2% May

5%

14%

14%

15%

700

12

May

35

35

500

26

May

41%

33

33

33%

200

31% May

Feb

17

10

Anaconda

50

Copper Mining
Bethlehem Steel

Bros

common

Gas

Continent", 1

General

Electric

Co

Oct

151

34 %

5 %

75

42 V*

a

58

8%

50
10

Steamship

&

Kelley
McKee

Feb

N

&

Central

Y

Ohio

Packer

Mfg
B

_.

_

Radio

79

22%

245

50%

Oct

54 %

55

12

Dec

20

50

48 %

36 %

Feb

39

Feb

31 %

33%

570

33%

32

27% May

990

Mar

S

Coach

Van

Steel

Ohio

Works

Iron

Youngstown Steel Door (Un)

7%

100

7

May

12%

Feb

5%

300

4%

Jun

7%

300

5 %

May

6%
8%

& Tube

Jun

52

Jan

4%

Dec

Feb

8%

14

31

30

24

30

May

35 % Mar

25 V*

65

24 %

May

30:%

16 %

272

15%

Dec

10

100

a

22

a26 %

100

a26 Vb

60

45%

1,119
55

44

15% al5%

a

--

a74%

.

a

10%

2%

4

Jun

12

%

May

22 3

Jan

Jan

39

7% May
14% May

22% May

26 7

Feb

a

Nov

Feb
Feb

8

10%

Feb

24%

Sep

30%

Feb

44

Oct

5434

Feb

23%

Jan

31%

Aug

50

9% May

17%

Oct

75%

146

61% May

793/a

Feb

__

11

253

11%

11%

132

11

Oct

18

__

a

Sheet

Oct

34%

Dec

70

a26% a27 Vb

4

..

.

26

575

22

__

44

.10

_

Feb

22

Nov

2%

10

..

-

—

16%

18% May
22

37%

a

25 V*

-

-

Nov

30

a

Youngstown

Tool

Publishing

Nov

11%

Jan

July

12%

al5%

--

1

Oct

5

2%

10

100

Feb

31 34

37 V*

al2%

•

•

12%

7%

1,853

2%

5

_

May

7%

80

4%

a

(Un)

May

•11%

41 '/2

4%

__

10

11%

40%

a

common-

(Un)

common

Dorn

23 %

--

•

Standard Oil of

IT

12 V*
22

23

50

Feb

42

11%
22

__

Richman Bros

Sep

35% May
31
Jun

11

-

America (Un)
Reliance Electric & Eng
Republic Steel (Un)

Nov

12

22

__

of

Qorp

Feb

Aug

23

33 %

31%

a

Sargent
Pennsylvania RR (Un)

23

30

75%

51

a45 Vb a45 %

a

Patterson

Jan

12

*

-

Dec

70% Mar

51

-

Corp

17

27%

837

22%

1

—

Feb

40

♦

—

Feb

61%

280

4

RR (Un)

class

Brass

Feb

17%

Jun

75

*

Paving Brick

Dec

41%

28

__

Cement

Portland

Medusa

Metropolitan

8%
32

Oct

Feb

112

.17%

_

_

Jan

8

Feb

17

a

B

65

79%
61

39%.

75

51

a

class

G)

Jun

65%

28

__

(A

Feb

Jan

17

*

Laughlin Steel (Un)
Island Lime & Trans—1

Get

44%

May

28

50

-

Nov

CO CD

51%

a43%

—

Nov

15 %

257

58

a43

*

July

A

34 %

Sep

65

50

a35 Vb a35 %

—

Nov

3%

100

79
a50

a8%

a

100

July

79

*

__

27% May
11% July

a50

1

World

—

Fed

2

a34% a36%

•

Jan

1

1743/4

80

(Un)

Rayon

Nov

Radio

Jun
Nov

5

5 Vb

Nov

1%

863

79

19

149%

1,747

—

Feb

5%

621

15%

a

Feb

5%

Nov

1,270

82 %

4

20%

1

&

11% May

18

a 32%

-

100%

•

Television

335

High

2% Mav

1 %

10

—

Nov

Motors

Farnsworth

245

a32%

-

-

12

Curtiss-Wright

3%

3%

1%

5
-

-

97%

•

550

152% 152%

1

(Un)

4

Electric

&

Low

3%

14%

-

_

Range Since January 1

High

18

_25

_

Co

Interlake
Jones

Vlchek

Columbia

Feb

60 5

(Un)

common

common

1

Products

Certaln-teed

Apr

52 i/s

3%

*

(Un)

Preferred

Harbauer

Twin

American Rolling Mill

Jan

52

14%

McKay Machine

Sep
May

2

Carbon

&

16 »/2

Jun

Sep

3%

100

National Tile
U

Carbide

Nov

Sales

Shares

Sep

16

1,050

5

So La

Union

Oct

6%

12% May

80%

com

Preferred

Feb

13%
44

33%

common

71

38

99

Feb

25

(The)

Co

24% May
6% Feb

49%

171

142

1

_

Goodyear Tire # Rubber
Gray Drug Stores...
Great Lakes Towing common

Feb

25

Corp

Nov "

28

Jan

3%

Oct

52%
»

66% May

100

common

Rubber

Electric

Oct

100

24%

Jan

4% July

Feb

for Week

mo

(Un)

Oct

300

5

common

15%
43
50

Week's

5

(Un)

__

&

16% July

7%

*

Tool

(The)

Co

Trane

208

Mach

Co

23

.

80

Range

Detroit'& Cleveland Navigation(Un) —5
*
Electric Controller

15%

28%

1

6

50

1

Iron

Electric

35

7

common

Apr

100

1,169

Oct

28

4

Corp common

Sundstrand
Swift

Corp

23%

25

5%
70%

6

*

Cliffs

Industrial

Stone

25

5%
69 V*

of Prices

r.nc

Fuel

&

May

14

&

preferred

Mar

10

15%

--

40% May

50

—

City

6

15%

1

289

27%

Sale Price

Rights

Feb

5

Apr

Coach

American Tel & Tel

Jan

4% May

14

25

48%

25

Par

20

15%

2,600

6

2

Stockyards capital
Forgings common
Oil of Ind capital

Standard

Apr

Last

Feb

Apr

15%

Nat

Standard

20%

46%

--

STOCKS—

Feb

1

common

Dec

Friday

Feb

5

capital

14

Cleveland Stock Exchange

10 V*

93

»

common

Works

176

15%
50

-

-

Brand

Society
South

Jan

14%

43
-

Apr

18

20

•

Corp

69

•

Gabriel

Shellmar

25% July
32%

Jun

ft

Printing

Mfg...
Alleghany Corp (Un).

37

28%

Jan

Jan

53

6

Jan

26%

91
—

20
24

165

69%

1.1

B

Dec

IV*

900

5

■*

com

8%
18

105

6

4

common

&

8%

*

common

Roebuck

15%

1

common

Sangamo Electric Co
Sears

50

—

10

20

62

July

15

Apr

170

18

6%

5

common

preferred

21%

25

47% July

8% Apr

450
10

.22 %

19

.34 Vb Aug
23% Nov

150

9

22

8%

1

Oct

Feb

12%

Jun

7%

25

__

•

Akron Brass

Oak

10

21%

•

Jun

24%

8%

14

-

Pumps

G

Oct

36%

24%

14% Mar
165

Feb

37

Apr

Jan

Apr

125

99V2

Jun

12

20

160

Dec

52%

*

common

14%

23 V*

52%

71

25

Fed

60

13% Mar

36

10

capital

8% May

1,050

37

23%
—

2

com

9%

284

12%

141/2

27%

Manischewitz

National

U S

78

110% Aug

25

60

—

Preferred

9%

9%

21%

*
—

Lunkenheimer

Feb

Aug

♦
—

-

Kroger

Feb

13%

vtc

10
.

_

__

Dec

600

Nov

7

Feb

29%

Nov

102

8%

•

&

23%

48
991

12%
160

*

Nov

618

8%

*

High

ft

Kahn

Mar

47 %

May

24%

23

12%
160

Gibson Art

Apr

ID

13%

common

Banco: p

,6%May

44

23

*

Northern

Nov

24%

77%

*

Low

102%

7%

—50

Yard

A

Drug
Eagle-Picher

Nov

900

20%

class

Dow

P

*

Standard

6%
16

13%

prior preferred
Mfg common

National

Dec

11 V» May

1

Modine

Noblitt-Sparks Ind Inc

200

20%

_•

Montgomery Ward & Co
National Pressure Cooker

Jan

—6

common

Union -Stock

Cola

Formica

14

.44

common

Mickelberry's Food Prod
Middle West Corp capital

5%

Telephone

Coca

23%

7%

Range Since January 1

High

102

2

Feb

18

8%

*

Co

200

25

Dec

9%

1

common

common

Field

May

7%

19%

19%

Lindsay Lt & Chem common—

Marshall

5%

19

Low

100

—

Cincinnati

Jan

8%

:7

common

Mar

6%

•

common

McNeill 8i Liibby

5%
12%

5

common

V Lincoln Printing Co
V

21%

7%

7%
5%

Shares

24

Preferred
Cinicnnaci Street

Cincinnati

21%

1
1

com

17

for Week

Cincinnati Gas common

Oct

29

11%

Sales

Range
of Prices

Par

12%

10»/2

10

Pneumatic

La Salle Ext Univ

High
Oct

9 Vb May

23%

Indiana steel Products Common

i

250

25'/2

Jim

new

low

11%

1

capital

Brown Stores

High

111/4

Week's

Sale Price

STOCKS—

.....

.......

_3

(new)

5

Last

Range Since January 1

JLO

common

Brewing Co capital

Werner

DECEMBER

Friday

Shares

;1

common

ENDING

for Week

of Prices

Par

Instrument Co

Hammond

WEEK

Sales

Last

Sale Price

STOCKS—

FOR

18

10

18

Dec

34

Jan

53% May

83

Oct

21%

Feb

a74%

a

76%

115

16%

a

16%

20

10

Jun

Feb

20'%
12'%

Feb

Nov

600

..

__

.

a

a

--

15

May

Feb

•

34

34

35%

300

32

May

39%

Feb

Graham-Paige Motors

1

5

5

5%

2,200

3

May

8

Oct

Laclede Gas Light

4

4%

4%

4%

1,000

4%

Nash-Kelvinator

5

16

16%

300

•

__

12%

New

York

North

Corp

Central RR

American

capital

Co

10

Car

•

Motor

Ainer

Paramount

Airways Corp
Pictures Inc

12

%

17

17

6%

Feb

19%

Feb

900

14% May
12% May

22%

Feb

Oil

Co

com

common

Radio Corp of America common
Radio-Keith-Orpheum
Republic Steel Corp common

Socony Vacuum Oil Co Inc
Standard

Oil

Standard

N

4%

100

17

Dec

33%

Jan

Sep

7%

Feb

4%

700

8%

8%

300

8%

Dec

14%

watling, Lerchen & Co.
Members

21%

300

21%

Dec

31

Stock

Exchange

New

Exchange

22'/2

•
1
•

9%
8%
25

221/2

241/2

600

22%

Dec

33% July

24 V2

•

24%

600

2IV2 May

9%
8%

10

7% May

500

10%

900

25

25

200

16V8

16%

16%

74%

74%

75

8%

19

20

17

July

17

May

24%

12%

Sep

4%

Jan

Friday
9%

500

•

2'%

2%

1,000

2 % May

Wilson

•

14%

14%

400

10% May

141/4

7%

17

STOCKS—
Par

Allen

Friday

Week's

Range

American Laundry Mach

.Share*

20

Balcrank

32%

1

3%

8

Baldwin'

Briggs

16%

3%
16%

4%

4

Low

29% May

15

3%

282

16%

200

4%

170

16

4%

Brummell

1

Burger Brewing

4

22

22

25

Champion Paper & Fibre

4

21%

22%

70

19 %

4

9%

9%

15

4

5%

6

198

Beau

Chnrngold
Cincinnati

For

Advertising Products

footnotes

see

page

44,




Rubber

common

.

1

Sales
for Week

Shares

Range Since January I

High

Low

High

3%

10%

_

*
—

3%

2,032

2

Aug

3%

Dec

3

3

200

3

Nov

5%

Feb

10%

11

220

10

May

12%

Feb

32%

—

(t

Manufacturing common.
Adding Machine

Chrysler

•

Dec

May
Dec

Continental

High
37%

32%

170

30 Vb May

40

Feb

14%

14%

380

12% May

16%

Oct

Crowley

5

Milner

—--

common.—

Jan

20

Mar

Davidson

220

57% July

65%

20%

350

19

23

Nov

7%

8

700

.6% May

12%

Feb

6%

6%

6%

250

6%

Oct

10%

7

7

200

6%

Apr

1

Detroit Edison

Feb

Detroit

May

26%

Feb

Detroit-Michigan Stove

8%

Sep

21%

Jan

Detroit

5%

Oct

13

July

5

Detroit & Cleveland Navigation

«Jan

Jun

60

20%

7%

1

Bros

28

16

-

60

20%

1

—

60

10

common

Paper
Motors

May

Oct

Feb

Feb

7

8%

Corp

Consolidated

Range.Since January 1

High
32%

1

Burroughs

for Week

of Prices

Low

Electric

Baldwin

Low

1

Product*

Range
of Prices

Sales

Last

Sale Price
Par

Sale Price

Oct

Cincinnati Stock Exchange

Week's

Last

Aeronautical

stocks—

Exchange

Feb

Jan

Detroit Stock

Feb

16

700

DETROIT
Telephone: Randolph 5530

79% July

Mar

11% May
19

Building

Feb

9%

common

Associate

Feb

13% Mar

300

Ford

Feb

15%

30%

64

2,100

1
1

10%

Dec

May

23

1

Co

Curb

28% July

Sunray Oil Corp
United Corp
&

York

Chicago Stock Exchange

Jan

15

J

Spring
Corp common

Detroit

Feb

21%

25

Steel

Studebaker

of

4%

1
33 %

(The)

4%

2ya
new

Pepsi-Cola Co
Pure

—

16

Apr

New York Stock

Packard
Pan

-

common.

__

Gray Iron

Steel

__

1

-.10
;

5

21%

2%

5

5%

1,900

21

21%

5,409

2%

350

2% May

12%

400

10% May
17% Jan

2%

12%

—-

Products

Electromaster, Inc.

20

__

1

*12

23

21%

23

935

2%

3

2,625

2%

Vb

3%
21

-2%

Oct
Dec

Sep

8

Jan

6%

Jan

27% Mar

3%

Feb

13% July
26%

Oct

4%

Feb

-

Volume

166

Number 4653

THE

COMMERCIAL

OTHER
RANGE

Fndaj

Week's

Range

Mogul

Shares

Gar

common

Ale

Wood

General

Industries

Low

EXCHANGES

ENDING

DECEMBER

High

Loir
100

1

4 Va

4 %

200

4

Jun

514

1

1%

1,500

1

Nov

6Va

6%

350

5

58

58

17%

254

Dec

23

July

8%

8%

Hall

Lamp

Corp

15

2 °/u

Feb

Sierra

Corp

25c

17c

July

52%

Shell

9%

Feb

Signal Oil & Gas Co "A"

4

122

Jan

65%

Aug

Union

Oil

Trading

Signal

Petroleum

Hoover

Ball

Hoskins

&

Calif

Hudson

Motor

com-.-

Kaiser-Frazer

Southern

4,32%

preferred

....25

preferred

25

Lansing

Stamping

LaSalie

Wines

Masco
5 "<

Mc.Clanahan

Feb

wuuumrn

13%

Apr

18%

Oct

Standard Oil

19 %

445

13*/4 May

21V2

Oct

14%

475

Apr

18

Oct

14%

300

13 y2 May

16

Nov

5%

2

300

1% May

2 3/4

3

200

3

3% July

Oct

Feb

2%

3 %

900

2% May

b%

2

2

2

800

1%

Sep

2%

Jan

4%

4%

5 %

950

4%

Dec

6%

Aug

7

7

7%

650

7

Dec

8% July

1 %

1%

1%

17,405

23 Va

108

18 y2

15

15

150

10

--

1

_—10

common

Stamping

2

2%

--

2%

75c

900

Feb

Calif Gas Co 6%

So

Textron

Packard

Motor

Car

Chemical

Parker

Rust-Proof

Peninsular

Rickel

Metal

W)

(II

River

Raisin

•

Products

5

United

Apr

27 %

Oct

15%

Nov

Alaska

Oct

3 v2

Apr

Black

class

B

Udylite
Union

Corporation

Investment

United
S

Shirt

Warner

Screw

33/4

Nov

9 %

475

7%

Jan

8%

660

7%

Jun

15'

2,445

0

%

4%

Jan

93/0

Oct

10

Jan

9%

Jan

15%

3

100

3

Dec

4%

Feb

200

3%

Jun

4%

18 %

115

16

May

%

187

6

Apr

12%

600

12
6

6

6

21

Feb

7s/8 July

Jan

15

Jun

7

Mar

May

14

Jan

18 Va

10
11

May

12 %
16

2%

2

%

800

1% May

3

Oct

2%

2%

300

2

2%

Jan

2'/4

Corp

Jan

Angeles Stock Exchange
Range

Sale Price

of Prices

Shares

Petroleum

Consolidated

Barnhart-Morrow
Basin

Oil

Low

1

Company

4%

1

4%

38

Inc

9%

__

Chica

Oil

2

5

Cons

10%

3%

Jail

1,100

50c

Sep

1,800

5

Jan

Certain-teed

Products

7

7%

1,040

11

10%

11%

8,086

12%

12%

12%

2,393

r-4

Central Investment Corp

—

a25% a25%

30

__

20

Corp

29%

1

Chrysler Corp

29%

Corp

Creameries

Steel

common..4

of

America,

Douglas

Aircraft

Dresser

Industries

Electrical

Exeter

Oil

Co

Inc

Co

i

1.00

12%

Apr

Unlisted

class

Ltd

American

Amer

& S

Co

Mng

&

Farmers

American

Tele

Fitzsimmons

Stores

Garrett

Corp

General

Motors

General

Paint

Gladding,

Radio

&;

class

A

32%

6% May
6%
11

9%

Anaconda

13

15% July

a

a__

Feb

—

&

McBean

Armour

&

Co class A

Hotels

common

Avco

Co

Development Co
Foods

Hunt

Intercoast

Inc

Kaiser-Frazer

Petroleum

Lincoln

Lockheed
Los

Angeles

Menasco

Company
Petroleum

Nordon

Corporation

Northrop

Bendix

Pacific

-

Puget Sound

Republic Petroleum Co
fiexall
Rice

Drug,

Ranch

Richfield

Oil

Oil

Corp

Service

Finance

.

For

footnotes

see




44.

1.189

150 Va

Jun

173

Jan

1

Dec

13%

560

10

15 3/4

Oct

a80 a82%

175

713,4 May

97

Jan

32%

38

25

—

__

13

a33

a33

15

4%

5

430

14%

May

Apr

210

4% May
14%

Oct

42

Mar

Oct

7y8

Feb

15%

210

a32% a323/4

14%

a29%

5

40

22

Mar

30%

Oct

a29% a31%

50

32

Sep

393/a

Feb

78

May

Dec

24

Feb

a41%

99'% 99 Va
a41% a42%

205

15

85

40% May

43%

Sep

4

a53%

a53ya a55%

50

54

Sep

63

Feb

1

(The)

*

Co

Co„

—

10

100

Nov

4

64

24

Jan

40%

Oct

11%

161

10

May

12%

Sep

a22% a22%

--

,

Corp

Edison

Commonwealth

&

Company

Southern

Edison

Co

Y)

(N

50

23%

a25% a25%

135

2%

1,200

a35% a37%

11 %

Co

__

•

2%

2%

•

(Dell

a21

a2078a21,/a

al2%

al2% h13Vb

50

26% July

Nov

31%

Feb

2 3/4

189

a48% a48%

5

Oct

25%

188

1

Vultee Aircraft
Oil

25

Corp

Crown

Zellerbacli

Corp

Curtiss-Wright Corp

5

32

1

4%

1

common

Class A

a20%

•

Goodrich

"

a50

175

48

Nov

20%

675

14

May

21 %4

14 Va

340

13

Apr

15 %

Feb

60c

6,500

49c

Oct

2.05

Jan

May

May

3%

Jan

21 %

25

Oct

May

11

41%

iv %

Apr

Jun

Nov

50%

Oct

32

32

210

4%

5

392

al9% a20%

175

26

Jun

4%
13

333/4

Oct

6% Feb

Jun

May

20%

45

10% May

16%

Jan

100

11% May

16 3/4

Jan

Nov

&

Share

&

Electric
Foods

Co

Light

5

al0%

4

Corp

14%

•

Co

Corp

al0% al0%

34 y4

•

__

14%

Co

F)

(B

Northern

Great

300

20

a7%

100

300

Nov

350

International
Int'l

Tel &

34 %

34 y4

470

33

May

39%

Feb

35%

35%

260

35%

Dec

42%

Jan

12

12%

996

12

Dec

14%

Oct

a60'/a aGOVs

25

49 %

Jun

65 % Mar

1,000
315

7Ve May

57"%

504

52%

Jan

65

Feb

McKesson

19%

100

19%

Dec

28

Feb

Montgomery

May

34

__

a5%

550

a36!/8 a37%

55

a5V2

3

May

8

Oct

38% May

42

July

Canada—*

—

11 Va

4

Corp

•

—

a26'/8 a26%

11'%

HV2

130

27%

156

46

9%

9%

733

20Va

20%

Nov

9% May

162

280

46

36

173/a

Jan
Feb

433%

Apr

8%

Jun

103/4

Feb

19% Aug

25%

Jan

49%

Nov

Feb

100

12

12%

650

1.15

1.20

1,100

19

jun

19%

390

1,197

82

11%

Jan

95c

9%

Feb

Libby,

McNeil

14%

Jan

Loew's

Inc

11%

58 % Mar
110

Libby

7
*

Company

Aug

&

—

--

Ward

Nash-Kelvinator

Jan

Packard

21%

Oct

Pan

29

Jan

Paramount

Oct

Pennsylvania

Oct

—

—

5

—

60

al2
al2
a33% a33%

20

a53 a53%

143

al6% al6%

12 Va

12%

16

al7% al7%

201

a26%

a26% a26%

Aug

18% Aug

May

42%

Jan

Apr

62%

Feb

18%

Sep
May

22 %

Feb

Oct

32%

Feb

21% May
4% Sep

1,080

al7V4

4

Pepsi-Cola Co

12 Va

50

•
10

RR

Co

17 %

31

51%

27%

12

23%

Oct

Oct

1.35

al2

•

Corp

American

12%

Inc

Co,

&

Central

York

North

1
.18

Robbins, Inc

Sep

al8% al8%

100

95c97%c

900

65c

Jan

5

May

13%

&

Oct

May

13% May
15% May

13%

—

4

Feb

9%

42%

__

of

Nickel

Tel

10%

99

__

Co

—

1

pfd

Copper Corp

5% May
8% Nov

26

__

Co

Ry

__

Feb

1.15

2,243

1.30

3,900
345

11

May

19

270

15

260

Jan

270

May

85c

95c

1,100

1%

2,100

80c87%c

4,200

Oil

Company
Car

Motor

American

Co

4%

•

Airways

Pictures,

—

Co

1,487
115

21

21
16%

22%

22%

200

—

33Vb
25

44

44

250

Feb

9%

Nov

21

Dec

303/4

Jan

15%

1,217

__

Oct

7%

Nov

Dec

26%

223/4

Dec

26

Nov

37%

Apr

46%

Nov

9%

440

15%

21

50

Corporation

4%

a8%

22%

1

Inc

Railroad

35

4%

a8%

Feb

Jan

270

1.50

__

1%
80c

1.10

Dec

18

1.70 July

1%

a8%

__

50

al7c

500

7%

__

a8%

al7c

__

7%

300

70c

IV*
48c

9%
12c

May
Apr
Mar

95c

3%
95r

Sep

14%

Jan

31c

5% May

9%

Jan

Phelps

Jan

Dodge

Pullman Incorporated
Oil

Radio

4

—

a24%
9%-

*

Company
of America

Corp

*

Republic Steel Corp

*

—

15

—

a53% a53%
a24% a24%
9V4
10
26 V2 26 %

60
170

-

53
22 %

Oct

Apr

60%

Feb

28 % July

1,175

7% May

10%

Feb

Feb

260

23% May

30%

16y4 16%
a33% a33%

473

14

17% Aug

Mar

Jan

Aug
Feb

38c

38c

40c

425

62 %c

2.20

2.55

38,650

1.10

Jan

2.55

Dec

18

18

19 %

430

13%

Jan

21%

a35 a35%

Socony-Vacuum Oil Co
Southern Railway Company
Standard

Brands

Standard Oil Co

Mar

20

30%

Jun

47

4

a23%

a23% a25%

130

25%

Nov

31% May

25

—

a39% a39%

146

37% May

44

75% 75%
all% all%
19
20

172

65%

Feb

75

133/4

Sep

78% July
15% Jan

560

16% May

25% Feb

a56V4 a56%
a56% a56%

177

53%

60% May

70

Sep
48 Va Apr

a22% a22%

25

18% May

253/a

Oct

104% 104 %

261

106%

Oct

al50al53%

70

&17 n. 17 Va

77

18 %

Nov

27% Mar

a22% a23y4
a2% a2%

125

17%

Jan

24%

Oct

60

2 5/s

May

4%

Jan

Feb

*

Inc

(Ind)

-

—

Feb

July

Feb

2.25

25c

Oct

Standard Oil
&

Sep

Co

Webster,

348

34%

Jun

42

380

34%

Nov

41%

Apr

Texas

40

34%

Oct

38% Mar

Texas

a51% a51%

91

51i

Nov

62%

Feb

Tide

a44% a44%

a51%

25

26'A

Apr

45

Nov

Union

Carbide

9

Jan

25 %

Dec

Union

Pacific

6%

Dec

11%

Feb

United

Air

95c

Nov

United

17 VB

Aug

23%

80c

25 %

1,678

6%

__

6%

591

80c

90c

Company
Gulf Sulphur

Water

&

Carbon

Railroad

Lines

16

16

16%

720

—

4%

4%

200

3% May

20%

20%

175

20%

Dec

25% July

Western Union Teleg Co

,1,7%

18

635

17%

Dec

18%

Westinghouse

—

—

'

19

2,600

7

•

a37 a37"%

264

31% May

__

Co

10

Corp

•

—

100

150

Co

Inc

•

'

a56%

-*

Company

Associated Oil

52 %c May
141
Jan

17%

all%

25

Aircraft

25

5

4
1

Inc

Jan

35%

35%

__

__

25

(N J)

Btudebaker Corp

a32% a32%

__

1

*

page

152% 152%

13%

General

100

1.15

.-1

Sears Roebuck & Co

Nov

a80

5

1

Co

70

13%

Works

Solvents

Corporation
United Corporation (Del)

10

—

—

5
,

__

1

—

93%
a__

Jan
—

54%

Sep

a—

Feb
Warner Bros

Safeway Stores Inc
Seaboard

Oct
Feb

Apr

Ry—100

General Public Utilities Corp

205

__

1
common--

9%
16%

51%

5

Fe

Oct

28%

100

2.5G

Ryan Aeronautical Company

Dec

11% May

100

31% May

Feb

28 %

4

Co

435
400

940

17%

13 Va

•

_

7%

17%

36%

20

a42% a43%

__

25

common

Inc

14%

a55% a55!/B

34 %

Corp

Tractor

19%

a43%

25

& Timber

Pulp

__

3

Company

56%

__

25

preferred
Lighting Corp common

__

__

12 Vb May

14%

Elec

preferred

7%
__

50

Co

80

1

1st

7%

220

1.10

Pacific

1st

Jan

4

Stone

5 % %

Sep

12c

24,962

Co

Oil

9%

56%

10

6%

Apr

rtc

Dec

15%

1

common

2.00

Apr

Power

12%

Corp common

&

Dec

4%c

1 irb

(The)

Co

Aviation

10%

14

Pacific Finance
Gas

90c
2 %c

7,023

Bond

300

__

1

Corp

500

9,000

6c

Electric

a7%

__

1

Oceanic Oil Co

Jun

1.05

Electric

55c

__

1

1

Ltd

Petroleum

Mar

12c

Oct

14%

55c

1

Inc

Aircraft

Occidental

Feb

8c

Nov

li'o

Graham-Paige Motors Corp

1

Co

Co

Lines Inc

6%

July

4c

5%c

Jan

62

1

Manufacturing

Merchants

National City

May

4c

3,000

5c

Nov

100

Co

4

300

4c

90c

66%

1

Investment

200

a5%

4c

4%c

•

Corp

Locomotive

Barnsdall

Pure
Oil

Mascot

4

a5%

--

20%

a48

10c

Corp

4c

5c

34%

Sep

19%

20

14'%

1

Co

Aircraft

Nov

—

19% May

Jan

10

Corp

42%

Nov

6.66%

Corp__

108

24% July
79 y8 Feb

4
__

1

56%

23%

♦

common

Petroleum

May
63% May

Feb

12 Va May

35

1
»

a73% a75%

Feb

20

1,542

Jan

250

11% May

5

Hudson Motor Car Co

24

Jan

1

Co

Santa

&

Refining

Mlg

Ohio

Holly

23 %

Feb

15%
20 3/4

Jun

65c

700

1,120

4

Corp

40

19%

10% May
15 %

2,231

Apr

100

Mining
(111)

Topeka

Atlantic

New

Hilton

Jun

14%

60c

605

1,355

Goodyear Tire & Rubber Co common..4
Hancock Oil

11%

13%

al4% al4%

Sep

100

17 %

12%

*

Co

110

al4% al5%

Feb

12%

a20c

60%

12

10

com

Jan

a20c

25

Tel Co

Copper

Magnavox

Corp common

7%

10

al7 al7%

2

Corp

1,507

Mar

47

Feb

Jan

Apr

12

1

(The)

10'/a

40

62% July

li'a

Consolidated

30%

Bank___100

Corp

9%

51% Mar

Aug

1

Refining

&

Tel &

Consolidated

30%

1

Merchants Natl

Apr

1,694

25c

Airlines

Smelting

Kennecott

Farnsworth

Nov

35

430

61

May

American Radiator & Stand San Corp.*

Jun

30%

4
A

35

42%

Stocks—

Nov

17% May
21% May

50c

Corp

10

42 %
59 3%

6%

15%

__

al7

4

Inc

Products

a35% a35%

23 %

10

High
6%

1

Inc

Jun

32% July

310

Commercial

•

Corp

Jan

29%

Dec

7%

60

60

20

Consolidated

343/4

Dec

27

6%

10

Chollar G

General
Iron

&

Preferred

NOV

25

334

1,200

17'4

__

2.50

Fuel

Colorado

27%

937

2,095

39%

Mining Co..'

Commonwealth

Lnw

•

Jackson Co

Byron

27

10

pfd

imperial Development Co Ltd
Zenda Gold Mining Company

Cities

Range Slnee January

1,450

1

Corp

Broadway Dept Store

29

25%

1

Cement

Gold

Gold

Continental
Bolsa

Apr

37

Columbia Gas & Electric Corp

High

52%c 52%c

__

*

Co

Blue Diamond Corp

Oct

1.35

16% Aug

for Week

Par
Bandiri

23%

Cons Mining Co
Mining Company

Juneau

Caterpillar

Sales

Last

STOCKS—

25

a7J%

Mammoth

Baldwin

Week's

May

Mining Stocks—

Borden

Friday

14%

4

Bethlehem Steel Corp

Los

27

Feb

6

250

1,100

12

15%

__

25

July

12

1

common

a

10

Portland

Atchison

11%

535

15%

1

common

13%

5

Rights

1

Products

Air

Co

Oil

Lines

Air

al4%

2

& Western

Steel

9%

Oct

6

14

Nov

3 %

6%

Dec

35c

Oct

130

Nov

*

common

Aircraft

Wayne

200

18 %
6

1

Distributors

Radiator

3%

33% Mar

3

1

*

common

Jan

28% May
3 % May

1,300

Jan

Feb

6%

3%

--

1

Brewing

158

7%

Jun

5

14 %

5

Tivoli

29 %

Sep

4

8%

14%

1

com

Tool & Die
Timken-Detroit Axle common^

4%

800

85

23c

Oct

9

r-%

1

1,087

1

California

Cons

Yosemite

59%

50c

States

Western

__

42%

•

Corporation

of

Universal

1%

4%

...

10

Superior

4

—

•

Inc

Oil

May

3%

...

^5

common

4%

29%

2

Paper

Tube

4%
4

1

common

Manufacturing

Standard

%

2%

common

Scotten-Dillon

Sheller

4

1

common

—

25

of

Transcontinental

Union

pfd "A"

Company
Calif

Co

Transamrvica

May

2%

Paciiit

Cardinal
Park

Ltd com__25

Co

Bunray Oil Corp

3

common

Corp

Nov

21

100

23 %

common

National

29%

Sep

17%

2

__

10

Oil

Murray

Jun

14%

1

Products

Motor

22%

130

1

com

common

preferred

conv

Dec

420

15%

14%
--

2

common

Mlg

9%

27

13:

13%

730

Sep

Oct

10

19 %

1

Products

Screw

McAleer

Edison

17%

1

Drug

Calif

15%

1

Kinsel

120 122%

10c

Sep

26%

1

common

King-Seeley

July

27%

Feb
Nov

15%

33

6,500

28%

6%

2%

26% Mar

17c

917

714

150

30%

15c

34,800

b

9%

July

30%

50c

3

9%

59

15%

5% May

934

May

35c

200

Jfn

48

100

15%

975

High

321

35c

207

Jun

Low

52

15%

6%

*

Car

__

Range Since January l

High

50

1

5%

*

common

50

•

5%

10

Bearing

Manufacturing

Houdaillc-Hershey

U

of

Co

Corp

5%

5

common

Low

Jan

1

new

Shares

30

1

Brewing

for Week

Par

-t.-iB%

Goebel

Graham-Paige

Sales

Range
of Pricea

Security Company

Sinclair Oil

1

Week's

Sale Price

STOCKS—

High

17'a

10

Gerity-Michigan Corp

ft

Last

17%

1

Motors

(2341)

Friday

1

Brewing

WEEK

Range Since January I

5

common

Fiankenmuih
Friars

STOCK
FOR

CHRONICLE

for Week

of Prices

p at

Federal

FINANCIAL

Sales

Last

Sale Price

4TOCK8—

&

Nov

40% July

Woolworth

Pictures Inc

Co

class A
Electric Corp
(F WL

5

*

12%
10

—

—

--

a45%

13%

Nov

18%

17%

Jan

26

al2% al2%

50

a20 a20%
27% 27%
a45% a45%

272

22% May

30% July

170

44% May

50

45

Oct

Feb

37

38

THE

(2342)

COMMERCIAL

&

FINANCIAL

OTHER STOCK
FOR

RANGE

WEEK

CHRONICLE

EXCHANGES

ENDING

DECEMBER

5

San Francisco Stock

ge
Friday
Last

6tocks—

Sale Price

Par
American Stores

100

Tel & Tel

American

2*"*

152%

Wks

Co

Budd

13

vtc

*

..

_

of Prices

Shares

Range 8lnce January

High

25 %

LOW

25%

285

152% 152%

23

28% July

Aireon

Mfg Corp

1

3%

4

550

3%

Dec

29%

29%

30 y2

1,565

29%

Apr

36

7%

7%

7%

965

fa% May

ua

15%

15%

125

15

Nov

24 y4

Feb

10

10

10%

330

9

May

15

Feb

Bandini

5

5

150

4% May

7

7%

1,195

597/8

59%

62%

255

Byron

9%

a25% a26«/8

123

20% Aug

27

Oct

543

66%
17%

Oct

9'/a

1,518

190

6% Mar

8

Mar

__

53%

53%

54 %

243

56%

56'%

58%

1,404

5

21%

21%

22%

140

16%

__

56%

Sep

6% Mav
16

Dec

47

51%

Mng

Co

Petroleum

Oil Co
Jackson

1

2
Co

•

f
1

Brothers

Lehigh. Coal & Navigation
Lehigh

Valley

National

.

10

RR

Power

50

&

Lights

^—*

Pennroad Corn

9%

Calamba Sugar

24 Va

Jan

Jan

57ya

Oct

California Art Tile

5%

65%

Feb

California

Cotton

Mills

Nov

24%

Packing

9% May

60

4% May

% Aug

6%

8 %

Jan

1%, Jan

RR

Pennsylvania

Salt

Mfg

•

common

30%

30%

31%

500

*

common

1,831

5%

Jan

7%

Feb

Chrysler

18 %

19'/a

2,736

13 %

Dec

22'%

Jan

Clayton Silver Mines

10c

15%

16%

10,159

15%

Dec

27

Feb

Olorox Chemical Co

3V3

10

common

Philadelphia Electric Co
preference

44*%

44%

45%

167

51%

Jan

4%

4%

4%

100

9%

•

21%

22%

•

24%

24 %

25%

4%

81

3

common

common

Reading Co

31%

31 %

31%

355

50

Dome

Oil

Corp

1

common

Paper

•

Dec

Class

Corp

21%

Broadcast

21%

Consolidated

Dec

27%

24%

Dec

29% July

Cons

Jan

35%

Creameries

Jan

Nov

17%

18

117

17

May

?.®%

500

7

% May

40s.

..J%

258

40%

53%

42%

17%

10%

__

54%

158

50% May

22% July

•

A

__

Nov

a52

__

a53

7

6'% Mar-

Dec

3% Aug

8ep

11

Jan

Apr

32%

Nov

Oct

55

Jan

50 % May

63

Feb

24%

7

a54V3 a55%

__

3%

2.25 Dec

52

35

1.20

1.25

2,023

57c

60%

61%

1,340

56%

Sep

66

Oct

47c

47c

500

45c

Oct

56c

Jan

a22% a23%

35

20%

Apr

30

Jan

a21% a22y8

75

25%

Sep

29% July

a21% a21%

50

30'/a

Jan

30%

Jan

26V4

585

25%

Nov

32%

Jan

__

Jan

1.65 Aug

63

__

15

63

59%

Edison

25
5

Air Corp—
Ainer

01

Zellerbach

49

Jan

Di

74%

Feb

Ooernbecher

65

Sep

2%

Inc

Corp

1
1

common

5

common

$4.20 preferred

*

Giorgio Fruit Corp class A

Dow

*

A

60%
__

__

a22
__

26
__

...

12
__

__

•

25

5

5

100

12%

12%

311

12

12%

1,853

32 V4

32%

1,846

101

102

255

101

15

15 %

5

Dec

6%

Nov

17%

Feb

May
25% Apr

23 V2

Jan

11%
*1 %

34%
108

Jan

B

5

com

common

Mfg

Chemical

5

Co

Co

•

15

common

15

420

15

Dec

32

Jan

15

152

15

Dec

32

Jan

8%

725

6

May

11

Feb

a3o% a'38%

50

38

Aug

41% July

15

__

8%

__

a38%

Jan

El Dorado Oil Works

•

38%

38%

170

23

Jan

41 %

1%

1%

1%

600

1%

Apr

1%

Jan

Emporium Capu ell Co common

•

39%

33%

39%

94i

3*2% May

3%

3%

4

1,121

3%

Nov

5

Apr

Eureka

]

3%

3,'«

3%

950

1

2%

2%

2%

1.030

2%

Dec

4%

Feb

Ewa

13Ya

20%

20%

20%

1,212

Sep

24%

Jan

Farnsvorth

Nov

Food

1

transit

In vest mi

United

Corp

United

Gas

Corp 6%

common

Improvement

Westmoreland

Inc

10

Coal

20

Westmoreland

21%

21 %

21%

35

__

36

20

12

18

300

24

Mar

26%

37% July

Jun

Corp

Plantation

Co

Machinery

Foster &

Linen

General

Motors

General

Paint

&

Radio

1

Corp

Kleicer

10
2%

com

Service

2

common

Corp common

Corp

10

•

common

Gladding McBean & Co

Week's

Hale

Last

Range

Shares

Par

Alleghany

Ludlum

Steel

Columbia

&

Gas

4%

4%

4%

20

14"4

14%

15 %

120

Electric

11 7

58%

5

Fort

1

Brewing

Harbison
Lone

Fuel

Brewing

United

Plate

Steel

Vanadium

May

24

Jun

29

8%

100

9 %

165

12%

300
192

17%

6%

6%

7

160

5%

12%

12%

13

4%

4%

Dec

31

July

10 V4

27%

Dec
Nov

7

July

&

Honolulu

Plantation

Hudson

Motor

Inc

Idaho

Power

Kaiser-Frazer
Class

50

Jun

67

Apr

42%

Feb

7% May

10%

Nov

59%

55

59%

57

1 3

15c

1 3

8

109

8

45

5

July

Frank

&

Feb

1,700

1%
10c

2

Jan

Jan

29c

20

11 %

May

7%

200

7%

Dec

•

36

400

34

35

485

27%

34'

12.50

36

23%

71

Week's

North

17%

Feb

16

33% Mar
27 Va

Electric

Motors

common

Low

common

Griesedieck-Western

1

•

Oct

30 %

fUn>

& D

common

10
«

Class

International Shoe

Johnson-S & Shinkle
Laclede Gas
Laclede

Steel

_

McQuay-Norris common
Missouri Portland Cement
North

American

Rice-Stix' 1st

common

56 3

preferred

—

St Louis Public Service class

Sterling

Investment

A

.

Aluminum

Stix-Baer & Fuller

Wagner

Electric

common...

._

Fisheries

1.25

409

95c

660

39%

Apr

53%

3%

681

footnotes

see

page




Feb

1.35 Jan
Dec

Oct

20%

Apr

May
15% May

21%

Oct

29

Jan

32

37%

14

13%

14%

5,465

27%

27%

133

23

24%

350

9%
12%

9'%
12%

al2% al2?3

Nov

27

5% May

Feb

18Va

Oct

34%

Jan

20% May

30

Jan

125
251

8% May
10% May

10%

Apr

20

Feb

127

12% May
29% Sep
23% May
1.10 Nov

35

35

340

25 Va

25%

100

1.15

1.20

15%

15%

830
370

Nov

12%

17%

Feb

40% Mar
27 %

Oct

3% Jan
17
Nov

Apr

9% May

1,025

9

11%

100
1,480

10

9%

10

78

72%

9
11

20
10

14

July

Feb

14%

Dec

Jan

13 %

Dec '

9%

158

78

__

12%

8
--

25

1st

preferred

preferred

35

25
25

1st preferred

1st

—

5

Range Since January

100

7

12%

Pacific
1

Pacific

High

Jan

14%

Lighting

35%
—

25

Nov

1st

Corp

__

•

common

Jun

14

Feb

88

Mar

78
Dec
70% May

78%

Feb

38

Oct

May
Dec

31% July

11

11

150

10

Mar

13

Jan

12%

12%

200

11

Feb

13

Jan

15%

15%

200

10%

Jun

15%

51 %

Oct

8

8

100

7%

Jun

12%

Jan

6%

6%

7-1

5% Nov

9%

Feb

35

Jan

36

5,344

34% Jun

42%

35% 35%
31%
32
a29% a29%

1,£85
333
13

34% Nov
31% Nov
29
Nov

41% Mar
38% Feb
35% Apr

52

1 093

50% Dec

62% Feb

50

6%

Oct

7%

370

26 %

Jun

36 %

Jan

18%

20

15

20

Feb

35 %

10

3512

Dec

39% Mar

31%

20

21%

Apr

31%

Nov

^"cet

34%

280

May

39%

Feb

Railway

Pacific Western Oil Corp

32

May

Co's

Send

Pulp

Equip

Realty

56%

58%

154

51%

Jan

41

325

36

Nov

41

Dec

Rayonier Incorp

34%

75

25

May

35

Nov

Co

4%
12

4%
'

150

12

500

common

4V2
11

Sep

7%
16

Aug

Jan
Mar

&

.

Foods

Dec

129

a45% a45%

100

26 %

Feb

57

Oct

79

Nov

—

Feb

15% July

28% Feb

a77

175

65

May

54
rl

55%

54

rlfa

2,073
1,629

Dec
% Nov

43

43

45%

1,789

7%
50

200
165

25% Feb
7
Dec
43
Dec

46%

7
43

.29%

30%

__

55%
—

"

7
46

a357/a

10

Safeway Stores Inc common
Ban

&

Co

5

.

10 peso?

Mauricio Mining-.

Roebuck

_1
•

Inc

capital

5

5V8

515

4%

7

Feb

30

30 "2

125

20%

Oct

31

Jan

a74%

63% July
1
Nov
Nov

27% Jan
93
Jan

7

20%

Oct

30%

Nov

Signal Oil & Gas Co class A
Soundview Pulp Co
-

75

23

Dec

30%

Feb

Southern California Edison

70

18

Mav

22%

Feb

Dec

33%

Jan

•

29%

__

__

18%
...

10c
__

616

18% May

31% Nov

a35% a36%

62

35% Jan

38%

21%
16

22%
16%

526
329

19% Apr
14% May

25% Feb
17
July

18%

20%

18%
20%

750
250

10c

11c

65,600

a37%

21% July
26% July
20c
Jan
40V\ July
33% July

a38

272

15% May
20% May
9r May
30% May

a307/8 a31%

120

25% May

121% 122%
31 % 32%
25 25%

180
1,122

84% Jan
27% Aug

Feb

Nov

22 %

23

19

17 %

139

19

Fine

W

22%

17%

'53%

90%

1
25

com

Rheem

19

6%

493

14

65% Feb

41

23

__

93 %

100

&

preferred

Sears,

<:

90%

-

& Timber

S

100

90 %

•

'

Rights

Deo

--

24% Oct

__

*

Co

45

5

527

*

common

Phillips Petroleum

Jan

30

12%

25%

10

37%

—

140

25%

*

common

Jan

32 %

14

25%

100

Service

Pac Tel & Tel common

31%

50%

0

Public

preferred

661

ZZZl5

10%

9

11

6 %

33

2

139

4

6%

203

33

19

19

14

14%

53%

70

55

30

\

481

525

17V4
138

6V2
32

13%

Jun

141

Sep

Conv
So

15

Union Oil Common—-.—

cum

*
,
5
pfd._25

preferred

Calif Gas

Co

prefererd

ser

A

25
25

__'

—

31%
—

__

28
34%

567

188
65

28
34 %

'■

f

..

129

Oct
35
Oct
29% Jun

Dec

23
Dec
34% Dec

Co

_•

42%

42%

42%

675

35

Nov

10%

Spiegel Inc common

1
2

9%

22%
9%

22%
10%

149

34% Mar

300

29%

Feb

Spring Valley Co Ltd___.

Jan

••

1.00
*'/59%

1.00
59%

1.00

18

20 %

20 %

32"% July;
40% Mar

17% Jun
9% Dec

Jun

May

•.

Jan

56% Nov

Southern

Pacific

Sperry Corp

^nndard

Oil

Co of Cal—

10v

Super Mold Corp

44.
,v /:

25

Sep

13% May
33

Juii

Sheli

__

61

t-.

T.

-r—•

Apr

1.705

1
Oct
51% Mar

100

18% Aug

180
•-*

■

For

Feb

53%

727/8

__5

45

4%

14
—

Nov

29

1.20

10

common

42

1

common

11%

52%

__

Aggregates

45

50

11

5

Feb

common

common

25%

15

44

•

Securities

Apr
May

28%

Oct

25

—

17%

24

Co

34 Va

4

41

25

(Un)

405

195

25%

25

—

5

Can

34

34

-10

_

19%

910

114

20

_

18%

Feb

103% Mai-

Dec

9% July

Plantation

Sugar

Coast

31 %

--

-4

._

Oct

79

28%

American

35 %

3

12

common

20%

37%

30

common

common

422

37

28

1

Landis Machine common

585

23

28%

28

common

90

11%

28%

Manufacturing Co—
Richfield Oil Corp common

Johansen Shoe common

81%

37%

100

_.

79
22%

*

•

Hyydraulic P Brick preferred-

28%

11%

10

Cons

class

Filters

B

Paauhau

6'#

Low

14

7

22'

5

_

_

Jan

100

common

Preferred

Huttig S

Feb

35%

July

6r/c

Brew (new).

34%

Nov

17%

A

Oil

American

Utd

5%%

High

14

1

iUn;__.

May

100
100

Invest

North

July

39

May

10

1

preferred

18 %

ueiieral

May

26

Feb

43

22% May

__

.•

preferred

Paraffine

General

Lines

American

5% r,'c

5%

Shares

common

.

19

540

for Week

3

-

1.15

1

common

company

Sales

Range

.1

15

common

—

25 %

1

Pacific Gas & Elec Co common

of Prices

Par

common

al2%

10

10

Fibres

Auto

City

Natomas

Exchange

Last

Brewing

5

.

Inc

Co

Mfg Co common-

National

Sep

13%

Friday

Clinton Industries

440

2.589

Jan

Aug

7%

8ale Price

Falstaff

23

1

Morrison Knudsen—

6 '/1

15c

13%

n

Mfg

19%
19%

Dec

38'

160

STOCKS—

Burkhart

__

__

Menasco

32 %

13%

—

Sep

9%

com

Feb

29%

30

1

2%

103

1

_

Jan

6% July
65%

29

a31% a31%

__

7

Meier

230

0

Equip

Feb

19%

296

Aircraft Corp

Feb

3

*

common

8

17%

200

Libby McNeill & Libby

Jan

52

Si. Louis Stock

Shoe

Jan

3%

Lockheed

Pacific

Building &

Jan

62%

18%

__

0

Pacific

Bank

4%

674

48%

B

Pacific

Brown

__

...

368

3%

1

10%

1

_

__

*

16%

100

Inv common

79
__

22Va

Jan

Mar

18%

"A"

Dec

9

Steel

__

Aug

9%
92%

5%

18%

common

Bk

National

Westinghouse Air Brake
Westinghouse Electrie Corp

American

Corp

Utd

Oliver

Alloys

__

5%
58%

25 Va

May

71 % May

200

53%

Oct

5

95

6%

18%

20

Nov

120

common

...

__

6%

18%

Co

4%

38%

Spring

a81V3a81%

•

12%

3

1

Glass

1

420

5%

__

Jin

3%

17% May

10

7%

6.66%

common

666

*

pfd

Co

Co

Car

Foods

1,325

38

Corp

*

5 %

51

10

Bolt

1

Corp

Magnavox Co
Merchant Calculating Machine

*

Glass

*

Development
Oil

Jan

21%

Jan

Co Ltd

Honolulu

Langendorf

Aug

common

Holly

Pineapple

__

21

7%

Oct

49-n

Aug

2.30

Oct

59

23% May

27'8

1

States

10

2,173

21

Minins:

Standard

225

59

26%

Co

Tov

Feb

5

Pittsburgh Steel Foundry 5f>

San

July

*

Pittsburgh Screw
Renner

7

20

20%

Corp

Feb

May

4

20 %

$3.50 preferred

Pittsburgh

High

13% May

-10

Supply

Hawaiian

48%

Dec

5

Fireprooflng

Pittsburgh

28%

12

8

52
29

•

Mackintosh-Kemphill
National

75

7% Aug
19% Apr

Refractories

Gas

Mountain

29%

10

Walker

Star

28%

1

Hunt

•

10

Duquesne Brewing
Pitt

Low

•

Oil

Devonian

Range Since January

High

2°%

com

Co

Blaw-Knox

Low

*

Arkansas Natural Gas Co

13

for Week

of Prices

*
Inc

21

__

17%

100

Stores

Bros

^
•

47<
preferred
Greyhound Corp

Sales

Sale Price

stocks—

...

Golden State Co Ltd Common

Pittsburgh Stock Exchange

__

20

Television

Galland

Friday

Oct

Oct

part pfd__25

Tonopah Mining

Feb

Nov

Bridge—

participating

cl

Coppertaines

Vultee

13

Dec

Sys

2 %

21

8,357

2.50

______

B

Class
«mn Oil Co

Tacony-Palmyra

7%

Jun

Apr

Jan

33% May

Crown

Class

600

18 %

Philco Corp common

Scott

400
100

9%

Mining Co_________;_l

Commonwealth

Salt

3%
2.25

9

15%

Boys

$1

3%
2.25

•

Light

„

7%

9

__

__

50

Eureka

Central

7%

5

Corp

Caterpillar Tractor Co

Columbia

<

<•

common

50

Power &

Pennsylvania

Pep

Co

Cement

Preferred

Feb

12

,

—

1

Pennsylvania

4%

o&u

6%

Jan

75

5%

7%

class B

Jan

480

5

%

__

1

10 %

9%
4%

__

__

1

^

California

Gimbel

__

Jan

Feb
Calavefas

;

Jan

Feb

_10

Anglo Calil National Bank—
20
Atlas Iihp Diesel Eaglhe—.—»——2V50

10

—

5

6'%

Nov

Alaska Juneau Gold

Oct

_•

Battery
Corp

%

Feb

2 ilu

16%

Motors

100

174%

Dec

lo

Storage

11

■'

Jun

luJ/4

Electric
i 'General

1

J

High

Low

1%

•
_13%

Delaware Power Hi Light

50c

Range Since January ;

High

149%

2%

new

Low

1,271

com

Coro

Shares

Par

High

May

for Week

of Prices

18,924

Publishing Co.—

Curtis
'

Saies

Range

dale Price

STOCKS—

1

Bishop

"S Chrysler

Exchange

Week's

Last

1%

1 ,r'0
Locomotive

Friday

for Week

IVs

Rights
Baldwin

Sales

Week's
Range
Low

•

Monday, December 8,1947

•

1

'

47

Feb

24V4 Oct
15%

'

Jan

1% Jun
82% July
32

M—■—

Feb
—

*

Volume

166

Number 4653

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

Week's

Friday

Water

Associated
Transamerica Corp

Oil

s,

Union

Oil

Union

Shares

Air

01 eel

o

of

Corp

Oct

10,776

10 % May

15%

Jan

18

Oct

al5

al5

26

24

1,485

19%

19%

200

15%

17%

875

15%

a73% a75%

389

62

3 75

24%

_

10

-

15%

•

Oil

a

73%

10

37

—

1

Agricultural Co

8%

39%

8%

9

34%

297% 297 %

5

1'/

1

i 74

100

11%

"4

Corp

Factors

common

27

1

27

a3

a3

28

28

'U American Tel a Tel

8'/8

•

15

•

Co

15V4

American Viscose

152%

152% 152%
12/16

Corp common
American Woolen Co com

14

Anaconda

50

33

3%

IS

33

5

3'/2

Co

(111)

Topeka
Corp

Santa

Fe

Co

Inc

Borden

100

10%

5

37%

Jan

Pwr

com

pfd

'27

571
351

69

37

Canadian
Pacific
Railway
Chesapeake & Ohio RR

May

96%

25% July
7% Feb

14%

225

Dec

24%

7% May

30

175

28

283

£4%

4%

7,994

3%

Feb

16 %

May

Fed

38 V4

Fen

101

Apr

14%

Nov

5%

Feb

Aug

23

Feb

Jun

40%

Jun

May

18%

Oct

49 %
16

109%

Sep

112%

Feb

15c

Dec

45c

Jan

14%

42% Mav

54%

Jan

26

39%

Oct

200

240

9% May

43%

358

a34% a36%

61

11%

Edison

11%

338

10%

Apr

12%

Oct

22%

22%

150

21% May

26 V8

Aug

Co

of

N

2%

»

Y

2%

1,220

21 Va

21%

935

a50% a50%

6

21 %

in

--

i

8

tt

Dominguez Oil Co

»
_

Electric Co

General

Food

Goodrich

F)

common

Gocdyear Tire & Rubber

Graham-Paige Motors

19%

Bancorporation

*

32%

33%

Apr

49%

Oct

175

24 Va

Jun

36%

Feb

12

Feb

a

43 %

26

a43% a45%

7

260

7% May
4 Va May

132

€30

6%

21% May

185

43%

Sep

25

10% May

16

34%

1.087

32% Miv

10

a35% a35'/2
58%

60

a42% a43%

1

5%

5%

30

38

100

Jan

12%

17%

&

39%

Aug

pph

Dec

Jun

60%

3% May
36

8

May

Feb

%

Oot

44

RANGE

M

Y

Central

RR

July

FOR

Power

$1.50

&

Paper

*

com

preferred

$2.50

-20

preferred

Acadia-Atlantic

.

Agnew-Surpass Shoe

*

A

_

new

•

Aluminium Ltd
Aluminum

Co

Argus

Can

4%

pfd

Pow

&

Oahu

Sugar
Oil

Trac

Pap

class

Ltd

British

American
Columbia

B

..

Note

4%

Co

Co

Forest
Power

__

100

.

Products-

Pan

Dry

Motor

585

7

May

10%

Feb

a

a

I

19 %
19

14

May

22%

Feb

15% May

21 %

Jan

24

27%

Oct

27 3

a

505

18%

Ltd

class

Co

Pictures
Cons

Dec

21%

Sep

220

13

Jan

21

Nov

125

106

Jan

125

4

4%

Mill

4%

1,447

4%

Sep

8%

500

8%

Dec

15

Feb

21%

21%

150

21%

Dec

Corp

Jan

2

200

Dec

4%

Jan

4

16%

1,210

15%

Dec

26%

Feb

22%

23 %

460

22 Va

Dec

33% July

45%

45%

130

37% May

46%

9

6 Va May

10%

15 3
—

25

Co

30%

2

2

1

-50

33%o

Dodge

*

Pure Oil Co common

a

53%

9

50

129

54

24%

195

21% May

*

24%

24%

Radio Corp of America
Radio-Keith-Orpheum

*

a9%

aS% alO Va

1

9%

Republic Steel Corp

•

common

preferred

Forgings
Iron

Northern

class

Safeway

Ltd

Steamship

4%%

10%

Feb

1,185

Dec

15%

Feb

436

23

May

30%

Feb

141

40

Nov

120

14% May

19

25%

Apr

36

Oct

4%

Jun

6

Jan

Reynolds Tobacco class B
Riverside
Santa

Cement

Cruz

King

Sinclair

Co

10

class

A

Portland

50

Coalition

Oil

a

40 Va

40 % a40%

a

18

0

15

25

Standard

Corp
common

Brands

Inc

Standard Oil Co of

Studebnker
&

N

25

Corp common

Texas
Title

Company common
Guaranty Co preferred
Aircraft

United

Corp

14

247

27%

Nov

34%

July
Feb

12

25 %

Nov

35

Mar

&

Cable

Co

Ltd

footnotes

see

cl

B

Wailuku

a76

288

63% Mar

78% Aug

20

245

16% Mav

24%

Feb

33%

33%

150

32

Jun

36 %

Jan

58

—

5E'%

430

53%

19%

a

Sep

64% July

13

85

Nov

87

250

17

May

a84% a84%

4

page

44.




May

24 Va

22 %

22%

2%

2%

2%

20

13%

13%

13%

0

12%

12%

13%

1,189

12%

Dec

51c

4,340

25c

Jun

60c

5%

5%

4,810

Oct

18%

45c

5%

5

Delaware

1

Sugar

Warner Bros

Westates

West

Co

Pictures

Petroleum

1

common

1

Coast

Life

Western

Air

Union

Insurance

Lines

'

4%

Jan

13%

Dec

2% May

705

13%

10

1

Telegraph class

A

Willys-Overland
Woolworth

ENDING

(F

4

3

a6

p6%

4

Dec

Feb

July

5%

Nov

May

14%

Apr

6% Mav

8%

Oc t

3% May

9%
59

140

192

Mar

820

25

Oct

27%

12

140

10

Jun

12

220

2

17%

Jan

30

23%

Jan

a8%

50

7

May

13

Feb

62

44

May

52 %

Jan

5

Bronze

Car

Week's

&

5%

preferred

Foundry common

for Week
Shares

Canadian

6%

Celanese

•

common

series

25

Canadian
Class

lnd

105

90

105

Dec

Alcohol

class

A

B

110

885

12

May

14%

16%

250

16%

Sep

19%

Jan

62

61%

63

56

Apr

67%

Feb

37

36%

37

1,377
1 249

361

Dec

42 %

Jan

40

Jan

46

Aug

29%

Dec

32 %

Jun

%

44 %

215

29%

29 %

29 %

1.000

*

14

14

16%

4,995

11% May

14

16%

1,405

11%

44

17%

17%

Oct
Jan

Canadian

Pacific Railway

27 %

28

225

22%

Apr

37

14 "2

14 %

25

14%

Sep

18

13%

13%

13%

4,147

11%

11 %

165

5

95

94 Va

96 %

1.960

39%

40%

40%

185

4

10

10

10%

200

*

Companies

common

1

--

Oct

Apr

*

Locomotive
Oil

Feb

13 %

*

Canadian

May

13

16%

13
--

4

common

High '

Low

High

105

25

Cottons

preferred

Oct

Range Slnee January 1

Low

100
•

Sales

Range
of Prices

ale Price

20

%

Jan

Feb
Mar

Cockshutt

9%

Sep
30% Juli

a44% a45%

a8%
__

25

MARKETS

DECEMBER

Nov

Oct

12

a20% f.20%

1

10

common

64

25

a2734a28 %

a20 %

12 Va

Motors

W)

14

a6%

14

5

Inc

Westingbouse Electric Corp com

$1.75

26%

Feb

25

Plow

Consolidated

*

Mining

Smelting-

&

2.00

Feb

Davis

Seagrams

•

20

19%

21%

5,910

23 %

Feb

Dominion

Bridge

•

31%

31

31 %

t)JO

25

18%

18 %

19%

1,195

11 % Mav
11

Nov

15%
14%

Feb
Feb

78% May

97

Nov

39%

Oct

43

Feb

10

Oct

13% Mar

Jan

30%

82

Nov

98

Feb

Consumers

Glass

leather

distillers

Co

21

21

22

575

19

May

169

169

171

664

165

Oct

191

10%

11%

8^0

10%

Dec

13

Feb

Dominion

20

Coal

6,589

Dominion

class

Ltd

Dairies

B

14% May

21%

Doc

Feb

19%

19%

Dec

23%

Jan

%

500

ID

Dec

23 %

£7

98 %

19%

19

98%

45

97

Dec

4

4

23
23

8

24

5'/o

4

VB

6,705

26

400

2%

75

3 %

25

2%

103

Aug

3%

Feb

|

20

Aug

28

Mav

32%

Feb

16

Jan

20%

8%

Sep

15

Oct

8%

Sep

18%

275

2d %

1,110

74

26%

26%

—

17

Red

New

14

Sep
Mar

37

Feb

19%

Dec

26 %

Jan

Donohue

19

Jan

Dryden

13%
103%

Nov

Electrolux

Feb

English

101

101

10

23%

25

23%

2,257

25
4

common..*

common

11

Feb

Nov

32

Jan

42

Jan

525

34%

Dec

35

--

27

35

350

35

Nov

18%

6,431

12 % May

19%

Nov

u

155

21% May

27 %

Nov

27

27

1,450

22

H

26

35%

26 3

25%

Nov

38% May

108

30% May

12%

Feb

166

92 %

375

22

Nov

26

108 108''2

820

92

Jan

114

Nov

19 %

3.665

12

Nov

13

Nov

166

166

150

166

Dec

185

Jun

105

22

4

100

Aug

17%

34 1

17%

23%
old

8%
28

106

100%

Nov

106% May

12

Nov

12% Jul

23

B

preferred

Jan

25

370

64
672

Jan

125

245

10
28

common

Jun

100

14%

class

Chemical

Textile

23%

395

42%

&

Tar

10

28

20
Coal

&

prefererd

31%'

18

23 %
23

Dominion

Dominion

Dec

12%

41

Steel

May

12

14
41

preferred

27%

18

12%

Jan

r

l'/<

18%
1

29

1'

10
28

*

_

Dominion Stores Ltd

Jun

25

2

common

Dominion

100

8%

Glass

Feb
Jan

8 %

8%

Dominion

4%
29 Va

24

,

4

35

common

preferred

Apr

18

2s

preferred

Nov

13

__

6%

30 %

May

0

•

17

Vf

Canadian

6% May

Mar

545

25

Corp

of

May

16%
27%

a74%
a

25

United

16% July

15%

4

a23% a23%

a74%

1

Co

14

Nov

772

15%

*
J

25

40% Aug

16 %

16%

60

Ltd

a4

a

Dec

•

Breweries

9%

27 3

•

Socony-Vacuum Oil
Ed

30%

4

a4
15 %

Cal

20

30%

30%

5

18

May

10

—50

_

7% May

275

60c

-3

pfd—_ -100

July

10 %

26

18%

_»

common

preferred
Wire

—

Corp

28 %

26%

810

•

common...

Power

Nov
Mar

9 %

500

<1

A

Foundries

Nov

58

Oct

26%

210

100

_

2

a52% a53%

20

Inc

Oct

Feb

7%

4%
8%

1

common

Mines

Pepsi Cola Co

Phelps

18%

21

125

2.50

Pennsylvania RR Co

Pullman

225

20
121

common

Park

Utah

19 %

20
121

18%

70:

•

a

A

Apr

10

27%

<

Co

Feb

32%

Dec

1P5
300

26 %

—

17%

150

17%

18%

85 %

•

Docks

Canada

For

Feb

8%i

18%

10

Airways

Paramount

Feb

Jan

5

_

Cement common—

Canadian

22

100

Corp common

r

American

Jun

23% Mar

Dec

28

Dredging

Canada

Canada

Mav

26

*

Mills

Canada

Canada

12

*

4

common

Portland Cement common

22

Oct

8%

Corp class A_4

—

Feb
Oct

905

1,032

17%
al8%

20

Finance

43%

July

19%

Feb

19

Products

Gold

Canada

Ltd

Canadian

—

$1.30

100

Preferred

36

22%

Co

pfd.

19%

23%

17% May

20%

85

.

*

Feb

64

12%

60c

_

Elec

Columbia

Canada

May

16%

26

0
_

Bank

Columbia

Burrard

14

a

85

•

A

Light & Power.,

British

Silk

85

15%

Dec

8%

Jun

12%

10

common

Railway

Pacific

21%

175

420

Apr

6 %

8%

Pacific

14 % May
17 % May

6,495

7%

38% July
23c
Feb

May

15c

20%

High

8%

7%

50

a

Class A

12

•

300

12%

Co

Pacific

oaiiadlan

Range Since January 1

57%

214 215 %

10

a51 % a54 Va

a51 Va

Par

25

100

Mines

Building

25

8%

a

COc

Brazilian

Brurk

125

Dec

Sep

1,450

81

capital

American

Canadian

52

215

■

Bralorne

Bulalo

38

19%

16%
33

50

22c

Last

8%
54 %

100

Telephone

Class

3,295

19%

—

Warrants

British

21%

37%

4

Corp Ltd common
preferred

British

20%

25

_

Corp

Asbestos Corp

Bel'

4

__

2.356

49% Feb
26% Feb

18c

Friday

LOW

18%

19%

•

of

Electric

4%%

Bathurst

20 3

•

STOCKS—

High

17%

*>

common.

AJgoma Steel common

Amalgamated

17 %

20

.

.

Sugar

Shares

Low

25% Feb

May

37

a33% a33%

Aviation

LISTED

WEEK

for Week

of Prices

Sale Price

lie

pfd —10

Sales

Range

Par

Abitibl

8%

Cement

American

Exchange

Week's

Last
STOCKS—

Inc

Cons

Portland

Canadian Funds

Friday

Dec

Fob

Aug

CANADIAN

Montreal Stock

16%
a33 %

1

Robbins

&

M

Western
43

525

25

Jun

19%

1,399

•
18

Navigation Co

&

J

Preferred
%

CO

Nov

50%

108

5%

a37% a37Va

a

Nov

47% July

all %

34%

•

Feb

28

all %

...

a

—

5

25%

—

common

common

9

43%

23

Feb

9

44% Oct
49%

320

Swift

12%

5

*

Co

c5ep

May

•

Corp

(B

Feb

49

38%

25%

5

General

291/4

Jun

65

--

f

Co

Jan

Nov

44%

375

9

1

.

3%

21

8%

a23% a24%

3

Curtiss-Wright Corp

2% May

a47% a47%

5

Kodak

4o '/4

Feb

Sep

41

50

•xi>

Silver
Jan

*

•

a40% a40 %

•

Feb

15c

--

233

19%

Pioneer

Apr

10%

O

Jan

17%

275

11%

Copper Corp

Jan

Oct

43'/a

a34%

36%

26 %

11%

'

Oct

10%

10%

25

—10

15%

4% May

14

Dec

9% May

26%

*

45

Packard

Mav

99

15c

25

Cities Service Co commor.

Jun

23

10

410

110

Feb

26%

•

Co

Tel

19%

Northern

Oct

110

3%

•

Feb

80

Dec

July

a__

2.80

63

2.15

Canada

Co

&

North

Oct

a_-

280

1,775

*

N

Feb

17%

2.60

National Distillers Prod

Feb

3%

a22 a22 %

110

Nov

2

50"%

17%

100

71

174%

Dec

41%

a42% a43 Va

Jan

2.15

2.30

1

Inc

Ohio

3%

California Pacific Trading Corp com—0

Consolidated

Tel

North

31% May

5

Jan

4%

Corp

Nickel

Feb

Mav

%

30

2%

8%

Apr

Nash-Kelvinator Corp

Feb

384

11

Feb

3

Montgomery Ward & Co

Feb

17

53% May

350

5

100

315

Alatson

Feb

1,120

10%

3%

5%
35

16%

Dec

11% May

97

1

Sullivan

May

T1/1

14

30

6%

Mines

Mary

McKesson

Oct

33

15
&

3

29%

3 "2

15'/2

125

4

Marine

13% Aug

28% May

5

7V2

Loew's

Jan

23%

Dec

151;)

40

7%
3%

19 Va May

Feb

330

Apr

27

841/2

•

Co

Hill

Eastman

Idaho

11%- Jan

Jun

200

14%

141/2

capital

43

4%

common

Airplane

Ore

42 %

Aug

9

79

a22 a23 '/a

a22

13

Steel

Bunker
Cal

Jan

26% May

2,177

1 %

Johns-Manville Corp

13%

3

Corp

Aviation

Eoeing

Nov

84'/2

5

Baltimore & Ohio RR common

&

14

100

Locomotive

Bethlehem

43

5

&

Manufacturing

Elair

International

25,734

a55% a55%

•

Copper Mining
Mining Co

Atchison

Bendix

International

Oct

282% May
17% Nov

540

a55'/a a70%

100

12/16

Baldwin

Apr

78%

310

Rights

Avco

28 Va

8

100

7%

American Radiator & Std San
American Sfnelting & Relining

Atlas

Dec

May

42

20
■—*

40
900

1

Apr

27%

385

Nov
4% Sep

30

30

3%

July

Monolith
*

High

LOW

30

20

Co

23%

300

A

11%

--

Range Slnee Jeaaarr 1

High.

3%

Co

Sugar

Aug

Securities—

American

Oil

24 %

M

American Power & Light

&

Holly

Apr

18%

70

buc

Co common

Allegliany

Armour

Jun

Low

*

class A

20

582

34%

20
100

Air Reduction Co

Argonaut

14%

Shares

*

Hobbs Battery Co
Class B

Kennecint

Fargo Bank & U T
Western Department Stores

Unlisted

25%

14%

23%

common—

Consolidated

Cab

18 Va May

13 Va

al5

for Week

of Prices

Par

High

Hcnokaa

Wells

Yellow

Low
360

23%

Victor Equipment Co
Waialua

High
22%

5

12 V2

Sales

Range

Sale Price

STOCKS—

22

13%

Week'a

Last

Range Since January l

25

Calif

Lines

Corp

Universal

Low
__

2

Sugar

United
b

Co

5

for Week

10

Transcontinental & Western Air

DECEMBER

Friday

Range
of Prices

Par
Tide

EXCHANGES

ENDING

Sales

Last

Sale Price

STOCKS—

WEEK

FOR

3»

(2343)

CHRONICLE

/

8% July
100

Oct

13

Honnacona

Paper 4%'

Pros

Pfd.

Corp

17%

Nov

50

19

Apr

25%

Nov

Famous

Sep

27

Feb

Foundation

100

20

Feb

375

17

Jan

33 5

16%

125

15% May

May

21

29

a

Nov

18%

Nov

11

11

11%

225

7

Jun

11%

Dec

19%

Products

19%

19%

50

18

Oct

20%

Apr

17%

17%

18%

450

25

25

45

Mar

22%

20

29

16%

29

Enamel & Heating

Aug

40

20

Ltd

Paper

40%

.100

Electric
Players
Co

class

A

Canada
of

Corp.

Canada

16%
23

Aug
July

19%

Feb

26

Jan

*

40

(2344)

THE

COMMERCIAL

&

CANADIAN
RANGE

Friday

Week's

5%

Power

preferred

5 % %
General

Shares

Ltd

Tire

pfd

inc

1927

Hamilton

Howard

Bridge

Smith

$2.00
Hudson

Bay Mining & Smelting

Bronze

6%

Dec

8%

Jun

25%

300

25'A

Nov

25%

Nov

7%

340

40%

Apr

33%

34

538

101

102

110

101

Dec

106

Feb

32

32

25

20

Jun

32

Dec

Jan

12

12

Dec

26

26%

26%

175

26

Nov

38%

Jan

32%

32

33%

1,910

32

Sep

37%

Feb

41

May

15

581

13

450

12

58

61

13,040

63%

12%

12%

1,328

12%

Sep

16%

Ltd

42

50

125

39

Sep

57

Oct

12%

12%

13%

835

10

May

13%

Feb

•

14

13 %

14

440

132

132

20

24%

24%

100

com

__

•

__

•

32

A)

*

Ltd

pfd

class

A

32

Nov

36

Jan

170

Dec

175

Mar

19%

10

17

100

151/4

40

120

5

10

71/4

7i/2

14%

Sep

16%

Feb

110

Jun

120

10

Nov

Oct

7%

83

6

Jan

85

__

85

7

80

Jan

17

16%

17

1,435

12%

12%

760

16

16

16

»

38

38

38

Locomotive

Works

21Va
13

Nov

209

13'A

Jun

20

34%

Jan

St

Shawinigan

&

7%

Viau

Wabasso

May

18

Oct

common

common

Sec

30

12%

100

18%

455

Jan

19%

Feb

Jan

99

Dec

27

50

25

260

12

102

102

110

35

•

16%

—

*

18

48

__

50

312

1,033

Jan

44

%

Goodyear
Great

Co

Corp

International

27

Dec

Sep

17

Jan

Jun

104

Feb

9V4 May

19Va

Oct

3OV2 May

50 Va

Oct

35

Jan

140

•

21%

21%

22

2,479

48

48

48 %

28

July

25%

Jan

605

48

Nov

50%

Sep

28

58

25

Jun

30% Mar

155

Dec

155

155

211

15%

860

12 Va

Apr

16%

15

750

12 % Mar

15%

Nov

175

Apr

24

24%

250

21%

Nov

100%

101

20

100 Va

Dec

18

18%

110

16%

Oct

20%

16

Mar

18%

Sep

Sep

97/a

Worts

Loblaw

of

Mar

18

18%

420

71/4

71/2

4,485

771/2

73

310

75

Oct

82

May

__

80

80

10

78

Oct

89

Jan

8%

8%

30

8%

8%

305

21

commbn

7'A

8

May

7% May

Feb
Feb

21

21

1

20

Jan

21

80

105

72

Apr

81

Feb

25%

25%

26%

2,580

27

27

60

101

101

101

30

21% May
26'/a
101

Sep
Nov

•

20

19%

20'A

922

13

96

96

96%

107

96%

*

35

35

35

50

Jan

28%

Oct

35

Oct

5% July

7

7

75

6%

Feb

7%

A.."

35c

35c

12

16

16

10

21%

21%

21%

170

Commerce

19 %

10

23%

23'A

23%

235

15'/a

65c

Jun

Ltd.*

21

21

21

250

15%

19

18%

21

17,846

14 Va

May

com.-*

11%

12

185

8%

Jan

17%

17%

210

70c

90c

17

Jan

•

70c

900

17

21

21%

Nov

Nov

July

Feb

Oct

65c

18%
2%

Apr

•

30

30

25

Nov

8

243

22'A Aug
4'A Mar

32

7%

8

Nov

42

42

80

35

48

Jan

Co—*

39

39

25

36%

Apr
Apr

42

42

Aug

42 Va May

125

36

*

12%

12%

12%

126

11% May

15

24'A

24'A

25 'A

6,175

14% May

27

Nov

160

8 V2 May

12

Jan

21%

Jan

42

July

2

Sep

49

50

200

49

Oct

61

Jan

5

5

100

5

Dec

8

Feb

Shops

___1

A

49

*

100
t*

100
3 %

class

A

100

25

3%

3%

18,730

2

a

394

20

Jan

57

2,030

42

May

of

Can

100

22

53 V2

53

*

22 7

96% Sep

100

100

65

18%

18%

19 %

2,170

45

45

45

25

44'A

17'A

17'A

17%

25

16

14%

15

75

9%

8%

9'A

40

10

315

7%

15

15

75

13 '/a

10%

10%

10%

300

9Vb

*

31

31

31

25

*

Ltd

cl

12%

12%

12%

295

40%

40%

85

A..*

8'A

Co

class

A

•

Ontario

6%

58%

Nov

113

May
13% May

21'A

Sep

22

Feb

Sep

23%

Nov

47%

Jun

19%

pfd

Ltd

Oct
Jun

Oct

13

Jan

Oct

16

Jan

12%

28'A July
11
Jun

31

Nuclear

Enterprises
Orange Crush Ltd

40

Jan

46

Jun

14

14

40

11

May

14%

Feb

27

27

80

27

Dec

31%

98%

98%

50

98%

Dec

13

13

162

12

Aug

10

13

5

23

*

23

23%

900

19

19

200

73'A

73 'A

80

16'A
10%

17

450

10%

10%

116

104

14%

15% May
13'A

24%

Power C.orp

Oct

Jan

19

Dec

65'A May

76

Nov

10%

17

Anr

Jan

9 % May

10%

14

14

14%

425

11

Oct

14%

May

Dec

13%

13 %

120

19'A

17

20%

2,075

109 %

109%

110

50

6%

56

56

16

55

Jan

60

10

11%

11%

11%

25

11%

Nov

14% May

red pfd—100

26

25%

26%

351

•

6

6

6'A

375

4

18

18

25

18

Oct

cum

N C part 2nd pfd

Purity Flour Mills Co

13%

50

common

Quebec Pulp & Paper 7%
Service

Rands

Stores

5%

Ltd

preferred

20

Reliance Grain Co Ltd
Russell

Industries

13

Oct

14

% Aug

107%

22

19

Jan

21%

Jan

112%

Apr

Jan

30

May
Aor

9%
18%

Bridge

75

12

Oct

21

Feb

14%

14%

25

12% May

15

July

10%

10%

30

10

10

1

10

Dec

.100

118

117%

118

50

116

Apr

38c

38c

40c

16,129

.—

Gas

Pr

6%

Co

pfd.

Ltd

Windsor

Hotel

24c

Jan

9

11% Mar
13%
123

May

43c

Nov
Jan

May

9%

9%

100

_*

19%

22%

600

14

July

25

Jan

29 'A

30

100

23

May

30%

Nov

1.00

1.00

100

2'/a

Jan

10

10

10

1.00 May
10
Nov

14 %

Jan

1.00

1.00

*

Ltd

Ltd

Co

Jan

*

Ltd

Canada

Ltd

Grain

10

*

Canada

Distillers of

United

Westeel Products

Nov

18

14%

Ltd

Co

Canada

Jan

Aug

18

Sangamo Co Ltd
Sarnia

Jan

•

Ltd

Ltd

*

27%

27%

28

965

25%

28 %

Nov

38%

38%

115

34

July

39

Jan

Akaitcho Yellowknife Gold

10

24%

24%

25

1,667

22

Apr

25

Jan

Alger

BONDS—

9%

10

10%

Jan

Mining Stocks—

Gold

Aubelle

Jan

50

Jan

•

•

of Can 6%

38%

$9,000

Feb

Jan

1st pfd__100

Paul Service Stores Ltd

10

50

Feb

14'A July

pfd.20

*

Ltd

10

50

Jan

May

<3"

Montreal

—

Feb

15

11

Nov

Apr

Oct

19%

100

Paper Co

Royal Rice Mills

Feb
Nov

•
cv

pfd

4%

Feb

25

10% Aug
8 Va
Dec

1

(Can)

4%

Nov

15

*

com

class A

123

Nov

10

Ltd

•
•

Co

3% May

May

22

Refrig & Storage Ltd com..*
Corporation Ltd
•
Mount Royal Hotel Co Ltd
•

of

Feb

Dec

Jan.

20

Montreal

Union

Oct

May

38

Nov

12

*

Ltd

Moore

Invest

101

Feb

21%

50

Distilleries Ltd

Southmont

Nov

Oct

Feb

25

Royal

1949

Jan

2 Va

Nora Scotia

notes

14

35c

10%

OiJ

Jun

May

35

Canadienne

3%

Jan

64

Co

Western

Power

10

Apr

Inc

Southern

Banks—

Montreal

Aug
May

20%

Paints

Nov

105%

Feb

3%

July

30

'

100

5% preferred
Zellers Limited common

15%
10

Feb

10

Rubber

&

McColl-Frontenac*

Reitman's

8%

•

100

47

2Va

Power & Paper
Maple Leaf Milling Co Ltd
Massey-Harris Co Ltd 6%%

Mount

Nov

7

1

Groceterias

&

3%

Aug

49

Lowney Co. Ltd (Walter M)

Oct

is

Apr
Oct

20%

Canada

(Alfred)

Melchers

2%

Feb

18

29% Mar
105

7%

*

common

preferred

36%
155

5

Nov

14%

77%

•

13%

Publishing Co of Ottawa Ltd.51

Minnesota
Oct

Jan

Mar

•

Oct

21%

151%

*

3%

Mar

106

Dec

•

135

•

W)

Lambert

31

25

26

175

a

class

Insurance

Ltd

Journal

116

•

58

150

50

Prod

*

common

30

150

20

Paper

Dec

Feb
Feb

Feb

Ltd

(Frank

101

3%
14

30%

Dec

preferred

Halifax

103'A

1.75 May

10% July

24%

30

150

•

Horner

•

common

45

100

Sep
Jan

240

Limited

Papei

Feb

20

24

13

24%

2%

May

5

preferred

Jan

880

*

228

13

24%

1.75

Feb

62

Worsteds...

Candy

Tire

A

Jan

31

100

100

21%

4%
110

9%

Mfg Co

Products

Lakes

Class

17

137

__

2%

2%

13

Nov

103

31

__

2%

2%

24%

Companies

20%

Dec

132

•

Jun

62

Linoleum

Oct

70

133

_

May

100

•

Nov

15%

50

com

3

250

•

&

Ltd

Co

Motor

Jun

18

13%

103'A 103%

875

9'A

CO Ltd

Aircraft

Aug

12%

13%

__

3%

4%

6%% cum red pfd
Fleet Mfg 61 Aircraft
Fraser

33

26 %

__

3%

105% 105'%

Dec

7-1

10V4 May
50% May

12%

Feb

Corp

Paper

Federal Grain

Nov

Nov

34

99%

69

*

&

Square

Fanny Farmer

23

Jan

290

99

Nov

20

Woollens

Donnacona

21%

62 %

315

2,023

61

•

class

Oilcloth

Ford

100

pfd

Power

Electric

Stand

Dominion

Sep

27 Va July

13%
69

20

5

Hcndershot

13%

50

Power

&

Jan

16

43%

is

_100

common

(Geo)

Winnipeg

16

135

13%

12%

*

Walker Gooderham

4%%

50

23

66%

61%

*

common

MacLaren

pfd

Cotton

Weston

21

__

Steel

Biscuit

29
190

42%

__

City

United

Oct
Dec

23

*

preferred

Twin

26 Va

20%

66%

61%

pfd—100

Advert

;

Jan

•

Co

Canada

Ltd

Nov

13%

Aug

2

Engineering Works

53

75

Feb

190

*

Lumber Co

B

26%

•

Canada
of

Class

26%

100

25

Dec

Corp Ltd

Sep

*

common

Press

Co

Aircraft

Steel

100

preferred

Standard Chemical
Steel

Cub

Mills

100

Jan

175

David & Frere Limitee class A

Fairchilri

64

21

6

100

preferred

Eastern

•

Simon
(H) & Sons common
Simpsons 4% 'A preferred

Southern

5%

Esmond

•

trust

Southam

Consolidated

May

32%

935

175

.

•

A

Corp Ltd
Textile Mills Ltd

May

166

Feb

23%

175

common

Lithograph

48

18%

22%

22%

Papei

50

100

Water

class

consolidated

Apr

64

16%

*

i

Nov

18 "A

Sep

*
Ltd

Div

44

32%

14

1

Preferred

315

__

Breweries

Voting

Consolidated

45

__

270

•

preferred

45

Sherwin Williams of Canada common.*
7%
preferred
__ioo
Sicks

8%

45

__

14%

•

Ltd

Trust

General

May

*

Jan

14%

•

Wines

Neon

42

—

15'A

Ltd

Co

Commercial Alcohols Ltd

490

5

Dec

100

Claude

46%

145

12%

common.—.

Chateau-Gai

46%

27

100

Jan

46%

166

Nov

13

Nov

Dominion

166

17%

12%

13%

Feb

26%

Jan

Nov

Jan

__

Jan

12 V8

13

Jan

26%

112%

200

1,050

22%

Feb

23% May

Dec
Jun

16%

13%

40

21%

19 %
109

16%

13%

Dominion

Feb

19%

*

24

•

16%

*

Ltd

common

Sep

•

Series A 4%

447

111%

0

*

Products

Steel

Jan

*

Mills

595

19%

100

pfd

B

Chatco

14%

•

Lawrence Paper 6%

19%

111% 111%

0

class

15 %

21

•

St Lawrence Flour

Jun

Mar

31

*

Corporation
preferred

102'A

12

50

1

A

Dec

100

38

286

100

Lawrence

10

50

237

Aug

Class

100

75

23

July

St

Sep

100

23,000

33

23

preferred

16'

15

16%

42

Saguenay Power 4%'/

Jan

3 %

23

428

Knitting common
Paper common

9%

40 %

33

48 "A

Quebec Power

40

lo

16%

46%

preferred
Provincial Transport

14

3 %

23

46%

4%

14

40 %

14

Dec

•

Power Corp of Canada
Price Bros & Co Ltd common

Dec

1

*

41% May

Powell River Co

19

1

12% Mar

Placer Development

Jan

Canadian Westinghouse Co
Cassidy's Limited common

39

Noranda Mines Ltd

com

12%

Company

Canadian Western

110

325

new

3

preferred

234

25

Rwys
PagerHersey Tubes
Penmans Ltd common

19

Paper Inv com

Vickers

13

25

4%%

Silk

Canadian

40

25

Electric

Dec

19

preferred!"

Canadian

39

*

Regent

Marconi

12 %

Niagara Wire Weaving

Products

27

100

Power &

40 Va July

930

Steel

Dec

preferred—100

Invest

Canadian

•

common

27

Rand

Canadian

Feb

155

22%

Mills

3

preferred

Feb

Dec

22%

Rolland

Inter

Dec

July

14% May

22%

Flour

27

—

Canadian

39

•

preferred

NOV

27

Sugar

Invest

Ingersol

12%

Corp

113

Ltd

Canadian

25

Car

May

Power 7%

Industries

*

common

67

Dominion

100

Co

Steel

Ottawa

7 %

85

Nov

1,070

Ltd

4%%

preferred

*

Tramways

Co

Co

Gen

25

common

Breweries

Ontario

Dec

Nov

12%

*

7%

Bread

Canadian

Feb

7%

Dec

7

108

Jan

6'A

•

preferred

Ogilvle

Hosiery

Vinegars

T'/o

94

0

Canada

7%

High

May

2% May

105

;

Packers Ltd

Feb

21

9%

12%

Ltd

21%

Dec

1,100

*

com

Apr

17

1,375

•
new

19 %

7%

__

100

Oil

106

43

"

A

class

Consolidated
10

7%

*

com

26% Mar

80

120

*

Steel

Oct

130

151/4

—

100

Co

Mar

32

19%

__

•

Structural

23% May

14%
139

170

17

100

Jan
Dec

32

19%

•

6%%

11%
132

170

__

19,238

Canada

Feb

50

*

6%

Canada Northern

Nov

12%

Ltd

5%

Butterfly

5%

Low

1,020

5%

Canada

Range 81nce January 1

High
94

Class B

Jan

26%

Low
89

&

Oct

*

Shares

89

Preferred
Burns

5%

40%

•

Corp

(John

Export

30%

5

Co

biown

Apr

34

for Week

Pulp & Paper com__*
company common
——1

Canadian

102

100

Columbia

Feb

45 Va

25%

3

Paint

National

%

25%

A

common

Cottons

National

Oct

Feb

15% July

Preferred

Montreal

Feb

15%

(Robert)

Murphy

9'A
32

53 Va

Jan

100

Breweries

Montreal

Nov

6'A May

Jan

(John)

McColl-Frontenac

Montreal

July

49

13 %

Massey-Harris

Molson

24

195

12%

preferred

Mitchell

1,075

100

B

1st

222

31

49%
44

Sales

Range
of Prices

Par
British

Canada & Dominion

7%

30

1,653

Secord

5%

Jan

7%

__

100

Woods

MacKinnon

16 %

2,726

Canada

Service

Lang & Sons Ltd

Class

May

13

6%

preferred

MacMillan

535

13%

preferred

(C W)

15%

*

Utilities

Public

Bros

Jan

14%

common

International

Lindsay

Feb

55 %

25

Paper

Lewis

108%

Oct

6%

Power

Laura

Nov

52'/a

13%

common

of

Petroleum

the

104%

25

13%

common

International

of

110

52Va

49%

__

Week's

Sale Price

STOCKS—

Jan

14

class

International

7%

Sep

18%

100

Corp

International

Lake

14 %

Jan

common_5

Canada

6% preferred
International Nickel

Labatt Limited

220

5'/a

25

Intercolonial Coal

7%

16 %

3% May

15 »A

30

£1

Accep

Jamaica

775

43

preferred

International

4

14

preferred

5%

Jan

43

preferred

Industrial

Feb

110

*

Imperial Tobacco of

4c/o

109

10

*

Imperial Oil Ltd
6%

80

52%

7%

50

111% May
111% May

110

104 % 104 %

15'A

•

common

20'A July

110

16

__

•

Paper

preferred

Apr

17

4

__

•

270

110

16

50

Gypsum Lime & Alabastine

19%'

__

100

4%

5

Last

Range Since January 1
LOW
High

109 Va

__

•

common

preferred

Goodyear

109 Va

High

19%

19%

*

Wares

Steel

Low

100

Bakeries

ueneral

5%

100

preferred

MARKETS

DECEMBER

for Week

»

com

ENDING

"Monday, December 8, 1947

Friday

Range
of Prices

Par

Gatineau

LISTED
WEEK

FOR

CHRONICLE

Sales

Last

gale Price

STOCKS—-

FINANCIAL

50 Va

Mines Ltd.l

1

Ltd

Mines

Mines

Feb
Band-Ore
Base

Gold

Metals

Beaulieu

Montreal Curb Market

Bob's

Ltd

Mines

Mining Corp
Gold

Beatrice Red Lake

1

Ltd

Mines

Yellowknife Mines

Lake

Mines

Gold

Bouscadillac

Gold

14c

Ltd

Ltd

Mines

Ltd

14c
15c

1

Ltd.

22c

18c

14c

8%c

1.00 July
12c

1.49

Oct

5,000

22c

46,000

11 Vac

500

9'Ac

31 %c

Sep

5c

Jun

10 %c 10 Vac

0
Ltd—1

100
2,000

15c

9c

1,500

12 %c

Jun

30c

Nov

44c

Jan
Feb
Jan

Jan

22 %c May
17 %c Oct

1

31 %c

31 %c

40c

29,800

1

22c

22c

28c

18,000

5c

Sep

70c

Oct

4c

4c

100

4c

Dec

11c

Jan

6,800

54c

Nov

1

27%c Jun

89c

Sep

Canadian Funds

Friday

Week's

Range

Shares

Acme
Atlas

Glove
Steels

Works

Ltd

*

Limited

Low
__

9%

93/4

100

12%

12%

1,315

»

12

*

5%

5%

5%

50

Ltd A

•

1.00

1.05

3,425

of

5

15%

15%

1

22%

23

810

Brewers

&

Dist

Vancouver Ltd

British American

Oil

British

Packers

Columbia

Glass B

For

footnotes

Ltd

Co

Ltd

page




__

44.

A__*

13%

13%

13%

98

*

i.

see

•

cl

Range Since January
Low

Brand

Millen

40c

Nov

500

4c

July

8c

12c

13c

6,500

10c

Oct

44c

22c

20c

22c

35,900

14%C

Oct

60c

Feb

Nov

25c.

Jan

May

39C

Jan

Jan

25%

Nov

6

6

6%

21

Gold

*

Mines

Cartier-Malartic Gold Mines Ltd

High

Auto Fabrics Products class B

&

45c

4%c

12c

Consol Central Cadillac Gold Mines—1

far Week

of Prices

Par

40c

4%c

—1

Candego

Sales

Last
Sale Price

STOCKS—

8

Century Mining Corp Ltd

1

High

Jan

11% Mar

9%

Aug
Nov

Oct

Cortez Exploration* l td

1

11c

11c

4,500

10c

Cournor Mining Co

1

22c

22c

500

19c

21%

21%

21%

550

1.00

1.00

1.08

72c

75c

3.30

3.55

2,000

Sen
Feb

13% Mar

5%
1.00

40c

1

7

Mar

Dome

Jun

15%

Apr

17

Feb

Duquesne

22

Oct

27

Jan

East

13% May

5%

Sep

*

Ltd

Mines

Donalda Mines

3.00

Ltd

Ltd

Mines

Sullivan

.

Ltd

Co

Mines

Ltd

1

1
1—1

3.35

18%

2,500

74c

A Up

1.60

2,500

72c

Dec

1.25

Feb

4.65

Jan

2.74 May

Jan

*

16

8%

Feb

Feb

Eldona

El

Sol

Gold Mines Ltd
Gold

Mines

Ltd

1
1

1.05

1.05

1.18

6,700

28c

juiv

28c

30c

4,000

25c

Feb

2.60 Aug
56e

Sep

Volume

166

Number 4653

THE

COMMERCIAL

CANADIAN
RANGE FOR

Friday

Week's

Range

Mines Ltd
undo Mines Ltd
Lake Gold—

Shares

Found

Goldbsam

Mines

Mines
Minos

Mines

12,b'00

5c

1,300

1

_L1

9%c

JacK

jL-ttse

Gold

Mines

29c

32

28c

28c

11-A

12 %

5

11%

Pato

Coils Gold

Gold

Stadacona

Co

Sullivan

Ihurbois

Vinray

2,500
1,548

25c

July

9.50 May
10c
May
2c

95c

Feb

14

Nov

28c

Feb

May

13c
90c

Jan

7.00

7.15

810

17c

16 %c

17c

2,500

14%c

Oct

14c

14c

14c

210

13 A

Jan

1

loc

Luigary

Nov

4.80

Jan

Oct

1.20

550

12,000

1

5.20

5.20

100

9c

9c

1.35 May
1.82 May

4,000

•

50c

50c

Ltd__l

54c

14c

50,100

16c
9c

1,000

12 %c 14 %c

30,500

1

12 %c

2.95

9c

2.95

3.05

1,159

Feb

May

50c

1,D00

11c

*

May

4.90

9,500

9c

11c

7c

Nov

1.80

Nov

25c

Mar

Jun

9c

Jan

25c

Aug

34 %c

Feb

Canada

5.35

Feb
Nov

12c

15c

5,000

7c

Sep

19c

Jan

70c

4,967

50c

May

85c

Nov

Canadian

3,500

9%c

Nov

20c

Mar

,u

May

6,500

1,000

2.10

Dec

3.85

300

3.30

Jan

19c

19c

500

_«

Ltd

.

„

g'Ac

8c

9%c

15.500

l

4<4c

4 %c

4% c

2,500

1

_,

10c

10c

Conv

1,500

.

2.80

Feb

4.15

Jun

Dec

41'Ac

5c

Aug

20c

July

14c

Feb

Dec

10c

July

LUllSUl

llUlllcabCau

Corp

uu

Ventures

Home

Co

wu

Ltd

4

2.C5

•

13c

ulu

Ltd

1

Ltd

•

Ro.valite Oil Co Ltd

2.65
19 L»

"

2.65
13 *

Lines

^

14'Ac

Jan

700

1.90 May

2.65 July

C

24,325

11c

Dec

ll,42o

40c

May

1.65

Class

I'

16%

STOCKS—

ritlaj

Jan

4.75

1,100
li5

2.94
14

V2

Jan

61c

20%

Jun

&

Paper commonj

Acadia-Atlantic

20

preferred

18'A

677

14% May

21%

3,295

17% May
36 >/4 July

33%

110

100%

10

1.00

1.00

100

aOc

Aug

13c 15 Vic

38,400

10c

Oct

1

13 Vic

•

4%

LarrtAr

pfd

54

•

common

Canada

215

100

Mines

Nepheline

1

i.__

52
214

4
•

l

Resources

40c

Machine

industrial

class

Alcohol

A
com

B

25 %

57%
215

Canadian

1

5,963

21

Jan

115

188

Mar

Gold

class

Mining

Oil

common

555

25

Oct
Nov

Nov

97c

Jan

9.65

85c

6,100

6 %c

7c

2,500

6ViC

Jan

14c

32c

32c

1,500

32c

Dec

70c

Feb

7%

7%

100

85

38%

55

14c

3,000

43c

8,500

13

13

150

15c 18 Vic

70,400

14c

11,900

IOC 10 %c

3,500

Fabrics

class

Nova

of

Sons

,

23

8c

10c

Pacific
Tire

Railway

Columbia
Columbia
Dominion

4

1
A—4

A

footnotes

May
Nov

Aug
May

3.90 May

llVt

6,200

18,499




44.

Feb

May

15 '/a

Jan

16'A

50

16

Jun

20

Feb

92'%

70

91

Nov

100

Jan

14'%

25

14'%

Dec

10 Vic

21

21

22

360

l

48c

46c

47c

14,250

Dec

85c

11 % May

17%

125

11'A May

16%

Oct

26

26

28

225

22'A

37'%

Jan

6,000

1.25

Nov

Aug

39%

85c

88c

14%

125

13

Sep

100

100

110

98'A

Nov

106

Feb

96'%

96'%

25

96'%

Dec

99

May

12

13%

2,919

28'%

28'%

10

102 102%

70

60%c May

100

13%
__

102

39 %

2.85

2.95

8,600

1.23

__

1.23

1,500

Feb

15%

Feb

Sep

29

Nov

May

105

2.00 May
1.10 May

9,235

40c

34,900

13c

4,000

15c

1.23

16c

16c 17'Ac
9

9

100

7

1

45c

43c

45c

2,400

30c

May

1

9c

8c

9c

10,500

8c

Dec

1

3.00

2.95

3.00

515

36c

4,000

Mines

-

unesteyville Mines

Oct

3.05

Nov

1.45 Mar

Oct

July
Aug
Sep

»

Research

Cheskirk

rhimo Gold Mines

1
4

Bar

New

Knitting

class

A

33c.

__

1.10

2.20

Jan

50c

Nov

30c

Sep

"

11%

Jan

79 %c

Jan

33c

4

1.10

Maiartic

1

2.60 May

Jan

21c

Aug

75c

Jan

4.30
61c

Jan
Jan

10'A

1.10

250

20

20

50

20

Dec

20

Dec

10'A

4

common

Coastal
,

Oils

4

Willans

Kt.nenour

Gold

1

Cochrane Dunlop class A
Cockshutt Plow

10'A

25

10 VA

Dec

10'A

Dec

14 %c

4%c

__

5c

4,000

4'Ac

Nov

14c

1,000

13c

Feb

2.65

5,025

2.20

Apr

14c

14c

50c

Feb
Jun

2.55

2.50

2.10 May

14'%

130

14'A

Dec

15% Mar

11%

100

11

Sep

15

Feb

30c

31c

3,000

30c

May

51c

Feb

7c

8c

138,500

7c

Nov

35c

Jan

6

1

Coniaurum Mines

4

Bakeries

__

7'Ac

6

Mines

2
1

20c

30c

Homestead

•

13%c

Consolidated

Mining

2.00

Sep

1.20

1,300

1.10 May

1.56

Jan

18

350

94c

43,150

65c

Jan

20c

23c

1,500

18c

Oct

11'Ac

Dee

16%

Oct

27c

Sep

Consumers

23 Vic

Oil-

Crestaurum

11'Ac

38c

Feb

13

Nov

35c

Feb

Cub

25,100

96

94'A

96

1,455

155

153'%

155

188

1.27

1.27

1.42

28,760

82c

1

37c

30c

37c

9,350

1

Mines

Crolnor Pershing Mines
Crowshore Patricia Gold

14c

5
4

Smelting

Exploration

Jan

*

100

&

Gas

95c

4,100

95c

97c

78% May
147

Oct

Feb

34c

Aug

97%

6.20 Apr
13% Mar

Davies
Davis

Jan

Oct

1.90

Nov

24c

Oct

55c

Jan

69c

May

15c

15cl8y2c

2,100

12c

July

80c

80c

90c

5,450

60c

Oct

1

24c

21 %c

9c

Aug

30c

4

Petroleum
Leather

class

A

12c

8c

Jan

27c

Oct

31

4

__

26c

62,200

12c

15c

3,200

26'%

27

105

26

Mines

1

1.65

1.75

Denison Nickel Mines

2,100

1

6%c

6'Ac

8c

19,500

6'Ac

1

55c

16,100

Detta Red

Aug

39%

Jan

Dexter Red

Jun

40

Jan

Dickenson Red Lake

7 Vi c Jan

23o

Jun

19%

23At

Feb

—

Nov

174'%

1

D'Aragon Mines

Nov

Jun

44c

Nov

36

Aug

50

279,912

26 %c May

200

6.75 July

169

171

18%

18 5 8

80

17%

Jan

51c

57c

8,000

50c

Nov

10,158

16c

Mar

13%

Feb

1.20 Nov
61c

4

Aircraft

28 y2

40

11

21

Jan

Jan

Consolidated

7%

1.40 May

86c

89c

Cadillac

Oct

134

17%

Beattle

20

1.52

1.16

1.16

6

1.52

4

Oct

43c

22c

F'eD

14'A

11%

1

Yellowknife

25%

7.50

21c

45

14'%

11%

1.50

43c

2%

1.60 May

Jan

Feb

Apr
Oct

Jun
Mar

2.44

Feb

Dec

26c

Feb

36c

May

85c

Feb

75c

Sep

Jan

31c

1,289

1

4
4

Lake

Colomac

35c

7.50

13%

18'%

11% May
26'%
101

1

19c

7.50

22 c

Oct

14'%

__

Gold

Sep

33 Vic

57C

Sep

5,600

16

Oct

Lake

91c
42

89c

Mar
Jun

50%e

49c

l

46c

43 %c

60c

May

1.02

1.02

1.08

2,500
16,200

30c

1

87c

Discovery Yellowknife

169%

15'A

16%

1.59

Mar

12,200

10 %c

Feb

14

36c

8c

11c

May

1

65c

70c

25,000

44c

Distillers Seagrams common
Diversified Mining

2

20

19 7A

21%

6,740

•

1.05

25,400

Dome

165

Oct

Dominion

20%
1.35
31c

64c

14

1.70

Jan

Aug

98c

Feb

May

21%

Dec

Aug

1.40

Nov

88c

22

21%

22%

2,800

18

Jan

25% Sep

10

Bank

89c

•

Ltd

26'%

26%

27'%

435

25

Apr

29%

18%

19%

475

12'%

12%

12%

70c

Jan

Sep

9.75 Mar
191

Lake Mines

Mines

Dominion

Feb

Coal

preferred

Fabrics

25

common

4

1st preferred

50

Sep

Dominion Foundry Sn Steel

'1

Feb

Dominion

Magnesium

4

Dominion

Scottish

Aug

228

10

Oct

16%

Invest

common

55

55

18

55

Oct

59

Feb

15c

18c

4,800

14c

Jan

30c

Feb

Dominion

28c

28c

28c

500

26c

Nov

44c

Feb

Dom

7c

7'Ac

6,000

5c

15

13% May
12% Dec

15

Apr

53

53

53

20

53

Dec

56%

Sep

29'A

29

29%

420

27

May

33Va

Jan

7'A

7'A

8%

215

6%

Oct

9%

Feb

3%

3%

200

3

Jun

4%

Feb

43

43

25

40

Aug

17%

1

_50

43

19% Nov

45

Jan

Oct

55
15c

•

10%

Aug

17c

Jan

Dominion
Tar

Steel

&

Coal

com

Preferred

Voting

trust

965

1.10

1,075

20

5,000

19%

Dec

24

Jan

15%

10

15%

Feb

17

Feb

Dulama

8c

15%

3%

8c

8c

1,000

7%c Nov

32c

22%

23

Apr

585

21%

Oct

100

27

98%

Jan

98

98%

25

97%

Nov

4

4

4%

7,900

*

13%

13%

100

6

6

6

100

5%

26

150

25%

2%

2%

3

400

14c

15c

•

26

14c

16,500

2

14c

Oct

4%

Donalda Mines
Gold

Amphl
Crest

Feb

East

16

Feb

Mines

Ltd

Feb

27%

Nov

Jun

30'% July

22'A

160

22

Nov

26% May

22

27

100

25%

Nov

30

July

12%

12%

12%

200

11

May

15

Feb

1.00

1.00

1.07

34,050

64c

May

4

20'Ac

20'Ac

24c

29,900

17c

May

70c

68c

76c

18,100

60c

Oct

lie

July

-1
1

13c

13c

14c

8,300

•

38c

37 %c

39c

6,800

4

6c

6%c

5,000

5c

Jan

*

Mines

East Leduc

9

East

Oil

Maiartic

Nov

29%

Jan

East

3%

Nov

Eastern

Jun

Easy

30c

Nov

May

24

23c

23c

500

22c

Nov

Sep

July
Nov

19

20

65

27

Woollens

East

3% May
13% Oct

12% May

525

27

22

Jan

22%

103%

Dominion

2,935

26'%

4

Duquesne Mining Co
Duvay Gold Mines

15%

13% Mar

18%

26

26%

1

11%

1.00
19 %

Oct

17%
26'A

4

ctfs

10%

May

25

23.50

1.00

1.00

B

4

Chemical

19%

10

class

Stores
&

•

•

page

30

10

16

—

1

16c

35

»

see

43

May

70

91

14

Dec

18

11%

14%

__

35

16'A

__

88
125

11'%

11%

36 'A

25%

Feb

235

*

class

11% May

35

__

Central

•

Oil

Jan

25'%

__

Consolidated

Jan

38 %

•

Power

Jan

26

Feb

Consolidated

390

38

1

Class B

29%

Oct

Feb

4

preferred

com__*

A

Sep

Feb

Feb

76C

33

5

class

25
20

15

Feb

Jun

220

--

Packers

90

355

19%

9%

Jun

1,080

*

B

26

21%

1.42

50

pfd_

Nov

67%

25

Corp

Preferred

Forest

Jan

237/b

Sep

97%

20c

28

1

Columbia

26

1.42

l

Columbia Electric

26% May

Jun

May

May

1

8%c

38%

l

Oil

Sep

20

26

5

Jan

27

i

Pershing

American

21 %c 23%c
8c 10 Vic

*

Ltd

22%

1,030

Mar

20%

__

20%

100

•

Porcupine

Dominion

Gold

21

2,285

49 % Mar
10

16

Mines

Jan

6c

38 %

*

1,635

24

20% 21%

Feb

Oct

55

Coniagas

1.03

38 %

100

23%

23

20%

17

Sep
Aug

7%

60

Feb

15%

27%

I

A

British

For

50

»

Canada
class

British

British

808

•

Brewers & Distillers
Brewis Red Lake

British

4.30

11 'A

i

Bralorne Mines Ltd
Brand & Millen class A
Brazilian Traction Light & Pwr

Class

4.25
11 'A

10

Blue Ribbon Corp common
Preferred

British

8,200

15,850

•

40

193

Sep

Apr
May

10

Scotia

Bidgood Klrkland Gold

British

15c
28c

23 %C

12%

170
130

280

National

Dec

10

Gold

Mines

13c

26 Vic

1

315

8V4

16'%

Conduits

13

9

27c

1

14%
42 Vi

8'A

36'Ac

Delnite

Belleterre Quebec

Boycon

1.30

Sep

40c

11c

1

Toronto

Telephone

Oct

10%c May

3,930

4

A

Metals Mining

Bodjo

Aug

6% May
83

4,000

14c

1

Bathurst Power class A
Bear Exploration «r Radium__
Beatty BrosBpaulleu Yellowknife

Bonetal

60c

12%

14c

i

Bagamac Mines

&

8.25

14c 14 %c

11%

l

Bankfield Consolidated
Bank of Montreal

Beveourt

Feb
Jan

Jun

75c

12c

Bell

1.90

75c

1

Aumaque Gold Mines
Aunor Gold

Apr
Dec

1 90 JulV

Nov

27%
77c

900

Mines

Bertram

Oct

10,200

11%

Jan

18

Nov

32c

Athona

Base

59 Va
220

45c

13c

•

40

201%

14%

4

Gold

Conwest

Aubelle Mines Ltd

Mar

36'A July

41%

42%

100

Utilities

Circle

SCO

]

Atlas Steel
Atlas
Yellowknife

Sep

188

1

Feb

8.90

15 Vic

16

30

13'A

1-*

Cos

preferred

Jan

16,000

Quebec

of

1.50

32c

42c

40c

l

150

62%

Chromium

1.49

13c

195

17

13

4

preferred

Feb

51c

10

A

3^

17

1

Jun

38c

Astoria

Bank

43 Vi
107

25 %

l

Ashdown Hardware

13% Nov

Feb

8.75

100

62

Jun

1

Feb

1.40

4

Nov

8%

12

60

Consolidated
common

Armistice

of

21%
22

8.90

•

48'%

201 201 Vi

17
__

4

Locomotive

Chemical

1.41

]

Gold

Bank

Nov

Feb

45
125

371/2

371/2

Mines

Steel

Washing

26 %c Mar

1.62

90c
1.58

Jan

Jun
Jan

28%c Sep
57c

Jan

12 %c July
23c
Nov

Machine

1

1.86

1.85

1.95

6,900

1.50 May

1

3.35

3.30

3.60

20,068

2.70 May

4.75

Jan

•

Sullivan Mines

97/a

9%

10'A

565

8'% May

11%

Jan

16%

16%

25

16%

Dec

4

;i

Jun

16%

•
common

Canadian Maiartic

Coin

Oil

Preferred

Auto

100

Jan

8

Sep

13V4

Chateau-Gai Wines
|

Hi ah

51c

.

4

_

Porcupine

Corp

Ashley

17 %

20%

38%

common

Ltd

Canadian

Arjon

Low

100 %

Anglo-Huronian

Argus

Range Sine* January

Mar

16%

loo

Ice

Citralam

of

Cons

17%
20%

1

Anglo Rouyn Mines
Apex

Share*

75

23%

31% July

Nov

Vi

12

4

25

Centremaque

High

Feb

Apr

16% May

Central Patricia Gold Mines

100

___

Mines

*maleamatpd

Aquarius

of Prices

July

105

Dec

6%

50%

3.50

28

Central

Sale*
tor Week

Low

50

50%

4

LttiiRdian

4%

7%

73c

4

common

Preferred

5%

130

17%c Feb

Jan

Dec

69

60

28'A

7%

__

23

20

25

18%

28

23'A

__4

69

100

18%

V4

2.70 Jul*

„

Jan

2.30

Castle-Trethewey

20

Yellowknife

American

Anglo

•

preferred

Steel

28

Jan

Jun

Exchange
Range

Sale Price

preferred

Aluminum

69

__

18V4

*

Dredge

Canadian

July

16%

Week's

Par

Algoma

50

4

A

Cariboo

Last

Aluminium

101

10

Canadian Funds

Gold

100

__

Dec

2

<t.0j

6

Toronto Stock

Alger

2,750

*

Preferred

Canadian

Akaucho

13,500

1.70

Peo

20

Canadian

$2.50

37c

3.20

4

Celanese

Canadian

81.50

36c
2.95

50

Canadian Food Products

Sep

1.65

1.16

„

__

Power

24c

36c

3.05

__

Uaspe on

Abitlbl

5%c Sep

*

Car common

Canadian

Class

Edmonton

Oil

11,000

100

A

Canadian

&

A

Mortgage

Jan

2.60

19c

4'Ac

6,990

9c

__

__

blocks—

Calgary

class

preferred

Class

2.10

Mines

S

Canadian

65c

2.10

2.69

2.65

4

Apr

i

Maiartic

Power

cauadian
Breweries
Canadian Canners common
1st preferred

57c

3.85

Feb

2.50

7%c

*

Canadian Bank of Commerce

67'Ac

2.00

Nov

33c

__

Oct

2.10

19 »A

Dec

__

Nov

2.00

May

11

2o

Preferred

35c

1

.

12

3,500

__

50

Canadian Bakeries

47c

1

.

Ltd

180

13c

*

S

1,485

1

..!

18 Vi

11c

18 y4

100

B

•

Ltd...

preferred

common

Packers

Class

3,000

10c

I8V4

*

preferred

Canada Permenant

53c

IOC

Nov

__

50c

luc

30

__

52c

1

July

Northern

50c

Ltd
Lid

22

Canada

1

Ltd

40

Nov

Oci

Jan

30

2.90

5c

2.10

Apr

30

4

7c

May

12%

1

4'%%

Canada

Jan

J2%

4

Feb

50c

Jun

Machinery

Feb

Nov
Mat

1

Preferred

Jun

Mar

11

Malting

6.00

35c

28

Canada

18c

May

8

1

Cement

Feb

275

Jan

21c

20c

Feb

12%

4

Flon

Bread

Canada

1,000

Fen

4.75

*8 Ac

28%

Lake

B

15c

t 55

Dec

28%

1

Red

Class

1,000

Aug

May

2.45

12%

2.05

6'Ac May
12c

A

Oils

Canada

17c

27c
80c
.

12%

Edmonton.

Campbell

Canada
501

class

Flin

Calmont

Feb

1.52

&

2,900

28 %

4

Cailinan

Feb

1.01

9c

1

Mines

1.28

2.15

2.45

1

Mines

Vviltsey-Coghlan

Dec

6,400

2.40

1

Mines

Mines

Jun

6,b00

8%c

_

16%

1.12

1.52

Co

4,900

1

High

•

Jail

2.20

1

Mines

Gold

65c

%c

1.10

1

Ltd

Ltd

1944

500

1

Ltd

Gold

65c

&

1.00
2.60

21c 21 %c

__

15,350

95c

2.45

__

1

LOW

38c

•

Class B

7.40 Aug
33

2.15

4

Mines

Burns

Jan

May

65c

Mines

Calder-Bousquet

Mar

3.55 May

Lake

Feb

5c

Red

36c

__

di

.

Oil

Building Products
Burlington Steel

33c

Mines

Westville

Sep

1,200

50c

Mines

Cons

Jan

45c

2,300

Ltd

Mines

Mines

Hughes

18c

May

2,600

Lta

Standard Gold Mines

Teck

May

c

Mines

Sylvanite Gold

7c

18c

45c

Dredging Ltd

Sonia-Duvernay

Buffalo

5,000

3,192

1

;

37c

Range Since January

High

17c

-_1

Mines

Siscoe

2.50

4

1

uoiu

21,000

3c

2.20

Gold

Snerritc-Gordon
Miller

4

Canadian

1

Quebec Manganese
Quebec Yellowknife OoM Mines
Red Crest Gold Mines
Rochette Gold Mines Co Ltd

Silver

98c

Ankerite

Feb

15c

1

Corp

Mining

Santiago

1

Buffalo

45c

Dredging

Cadallic

Goia

Buiiauison

Feb

5%c

O'Brien Gold Mines Ltd

Pitt

Feb

9%c

Broulan Porcupine

40c

3c

Macdonald Mines Ltd

Pandora

92c

45c

—

Low

19c
Aug
4%c Nov

5 %c

Lingman Lake Gold Mines Ltd

Mining

Par

Jan

Dec

12c

5'%

Shares

16c

_i

Ltd—__—

Mining <s Expior Co Ltd
(1945) Mines Ltd.

Normetal

High

for Week

ef Prices

May

10c

1

Rowan

Cons

6c

i

Mines

Lake bnoie Mines Ltd

Nechi

c

2,000

1

Ltd

Miuca

Lauraaur

Lake

9%c 11 %c

1

Consouaateu uoio___
Hudson-Rand Gold Mines Ltd—

Joliet-Quebec

15c

1

Ltd

Consolidated

10c

Skies

Range

Sale Priee

STOCKS—

Buffalo

20c

11c

Week's

Last
Low

5c

1

41

5

Friday

22,050

Ijc

Hollinger

J-M

%c

5c

Ltd

Gold

6

l„c

^

(2345)

MARKETS

DECEMBER

Rang• Since J»nn»ry \

High

6c

_1

Ltd

Goiavue

6c

I

:

Ltd

Goldora
Heva

LOW

1

rounaqut

LISTED
WEEK ENDING

CHRONICLE

for Week

of Trices

Par
Fontana

FINANCIAL

Sales

Last

Sale Price

STOCKS—

&

14'A

Nov

2.45

Feb

-

42

(2346)

THE

COMMERCIAL

&

CANADIAN
RANGE

Friday

Week's

Eiaer

A

Shares

Eiaona
Ei Sol

LOW

19%

1

70 %c

70 Vac

79c

1.04

Mines

Uoid

19%

1.02

1.19

30c

"ZIi

Gold Mines.

Eureka

Palconbridge

Nickel

Grain

class

Canada

Co

Power

1,005

16

Aug

19%

Feb

Oct

67

Jan

5

120

Jan

MacLeod-Cockshutt

100

103

160

8

8%

2,475

3%

3%

5,980

Aug

5

Feb

Madsen

22%

23

1,304

19 %

Jan

25

Nov

Magnet Consolidated

25

130

20 %

Oct

26

Jan

"" NOV

100

May

92

92

2.40

20

19%

-100

Giant

keilowknue

Lake

Gold

Mines..

2.05 May

J,25
20"

Nov

Class

Lake

Manitoba

Jan

1,000

3.05

3.20

2.18

2.35

5,450

15c

4,000

1.63

1.70

4,633

10

10

415

3,870

1

7%

3.25

Mines—

7%
3.25

3.40

Gold

35c

Aug

111% May

Marcus

Apr

111%

Sep

275

3 A

Jun

5%

Jan

Massey-Hams common

5%c

17%

85

16

16%

270

110

17 %

Dec

14% Aug
104 %

NOV

20

Maralgo

Apr

Mines
Gold

35c

6,000

9c

,_2

Feb

McBrine

Nov

McColl-Frontenac

(L)

17

new

4,762

17c

18,900

10c

July

23c

Sep

MClntyre

3%c

3%c

4c

4,500

3c

July

9c

Feb

McKenzle

51 %c

49c

53c

71,228

42c

Sep

71c

96c

95c

1.Q0

17,716

57c

Jan

16 %c 17 %c

Mar

Aug

27%

Mines

%c

Nov

4.00

Nov

56c

July

2.60

Nov

5%c

Feb

11% May

15%

Nov

4%c Aug

10 %c

July

2c

.

Oct

34c

Nov

8c

.

Dec

1.15
18c

14% May

21%

J»n

Apr
Feb

27

Nov

32

' Feb

19%

10

17%

Jan

20

July

12%

960

12%

Nov

13

98%

25

98%

Dec

104,

54

Jan

60%

150

60

Gold—

530

62c

5,550

30c 32 %c

30c

60%

60c

McWatters Gold

'

94C

Nov

Jun
Nov

Feb

6,610

62c

Feb

2,700

ll%c May

20c

Feb

3,500

16c

July

22c

Feb

19c

3.700

11c

July

32c

Aug

Mid-Continent

6c

4%c

July

23c

Jan

Midland

16

90

Aug

50c

Jan

Milton

Brick

2%

2%

2%

Oct

3.30

Jan

Mining Corp

8.10

8.10

8.50

2,127

,

5,550

2.00

Mills

68%

47%c May
30c May

%c

Mercury

Feb

Sep

7%

27%

6c

17

10

27

60c

Lake

Dec

1.50 May

Jan

Feb

2.25

Sep

2.80 May
27 c
1

4.20 Mar
4.85

39c

12%

15c 15 %c

Red

5%

Feb
Jan

98%

12%

Red Lake

McMarmac

1.98 Mar

9 % Sep

Oct

3.60

19%
com.

.10

Porcupine

1.30 May

2,380

16%

Nov

Aug

15

39c

'

preferred

Preferred

6.40

15c

5.40 May

16%

Preferred

18%
108%

3.05 May

3,500

34c

Jan

Dec

2.15

1,500

34c

Martin-McNeely

4

215

8c

Nov

103%

4,500

5%c

109

3c

14

Jan

May

11c

17,800

2 %c

33%
31%

1.35 Aug

4,700

2.10

Feb

Jun

Jun

16c

•

High
2.40

1.45 May

9,400

27c
2.01

13%

10

Apr

7,600

35c

Eastern

25

16%

Low

2.06

245

6.20

1

Gold

Lake

&

15c

a

Mines

13%

17,150

21c

Maple Leaf Milling

6.25

—-1

50

1.63

7%

Red

1

Gold

13 %

1.51

B

1

Oil

Goldale

92

Mines..

MacMillan Export class A

1

Gold

God's

2

8%

May

20

17%
16

Preferred

6% May

134

Gold

110

104 % 104%

ueneral Steel Wares common

Oct

95

9%

4

__

Gillies

5

4,450

Oct

110

110

"A"

92

2.55

4%

Sep

109 109 %

109 %

Bakeries

Mfg

13%

10

Malartic Gold Fields

8%

.100

Products

26%

Macfie Red Lake

.100

General

440

1.63

MacDonald Mines

670

48

nnmmim

General

29 %

14c

3,170

50

2.41

preferred

28

28%

2.20

4.55

18%

.100

preferred

405

Mines

49

_

preferred

31%

21c

Mines

5.50 Feb

30

1.54

Uoidlields

4.50

Exploration

Globe

Macassa

3.90

7,075

3.10

Gold

Hosiery class A

25

A

___.

(A JI

Glenora

Lunward

London

3%

-10

Mfg & Aircraft

5%%

uuuvlcourt

Oct

22%

preferred

of

5%

Jan

4.70

17%

.100

Ford

Gatineau

Sep

25%

5

Fleet

Prooisher

60c

Oct

l.y6 July

3,554

com

Products

Freiman

Apr

16%

245

4.00

48%

Preferred

Foundation

20c

21

3.80

4.50

Players
Fanny Farmer Candy Shops

Fibre

16, <00

26c

19%

1.70

A

Class B

17%

Famous
Federal

Aug
May

High

1.65

13%

class

Groceterias

28c

2.60 Aug

Range Since January 1

Low

28%

Lohlaw

19,201

28c

Shares

1.65

Little Long Lac Gold Mines Ltd—

Feb

1.36

for Week

30

Jan

21

89,950

20

Corp

Oct

19
60C

3.80

English Electric class A

Sales

Range
of Prices

Pa

High

LOW

275

STOCKS—

Range Sihce January l

High

19%

Week's

Last

Sale Price

for Week

20

Mines

MARKETS

DECEMBER 5

Friday

Range
of Prices

Par

Eddy Paper class

Monday, December 8, 1947

Sales

Last

Sale Price

STOCKS—

LISTED
WEEK ENDING

FOR

CHRONICLE

FINANCIAL

17

17

17%

800

7%c

7c

7%c

8,000

16

Nov

5%c
15%

Apr
Sep

1.75

19

Apr

••

Goldcrest
1

Gold

H*4'

Gold

!'■

Golden

Arrow

Golden

Manltou

Eagle Mines

Goldhawk

i

"

17

1

Mines

15c

1

Mines

1

Porcupine

2.00

16c

1,500
3,577

2.00

2.01

7,000

Goodyear Tire

1

common

100%

Preferred

50

52

12,500

8c

Aug

74c

Jan

Modern

Containers

12c

19,800

7c

Mav

20c

Sep

Modern

Tool

31c

2,707

17c

May

Sep

Monarch

4c

2,000

3V2C

Feb

Moneta

100 100 %

60

Jan

A

52

52 %

75

•

10 %

100

*

lie

14c

l4C

4,500

*

19

18%

19%

3,228

44 %

45

11

11

Great Lakes Paper common
Class

A

preferred

Great

West

Great

•

West Saddlery

Greening
Grull

Coal

10%

44%

»

52

July
Oct

11c
113

55%

Jan

4

10 %

Oct

lo%cMay

12

17c

com

Sep

Morrison

July

Mosher

44

Sep

47%

1,200

Nov

11

Oct

National

13

Sep

National

Nov

Breweries

preferred_
Drug preferred

b% May
4

Jun

5% Mar

National Grocers preferred

1

7c

7c

1,500

7c

Dec

8c

National

82c

Halcrow

1

82c

82c

91c

19,053

15%

15%

875

5c

5 %c

13

Apr

Dec

1.00

Nov

May

16%

Jan

10c

Jan

Jun

3,000

4%c

Halliv/ell Gold

1

2%c

2%c

3,200

2c

May

Hamilton

»

7%

7%

7%

200

6

May

i

35c

35c

36c

6,620

33c

Oct

*

11

11

Hard

Bridge

Rock

Harding

Gold

Mines

Carpets

Harker

Gold

Harricana

1

Gold

Mines

__

14c

2,000

29c

12,600

Hosiery

class

.25

50

20

44

44

30

-5

12%

12

12%

3%

Jan

10.50

Jan

15%

Feb

Dec

9

Jun

15% May

18

Jan

43c

72c

Feb

22%
77".

Nov

7%
>

'

Sep

•

15

Oct

65

.

May

25%

Oct

Feb

27% Aug
4%

3 % May

<

Sep

12%c

Oct

25c

Jan

15c

29

29

29

105

11

11

50

A

Class B
National

10%

Sewer

"A"

11%

1,130

9% May

12'/8c 12 %c

1,500

9V4C May

Negus Mines

10

10%

May

37c

Jan

32%

33

40

22

23

225

2.10

2.15

4%c Mar

New
New

Calumet

65c

Jan

>J*w

Marlon

Gold

12

Apr

Newnortli

18c

Apr

New

Norzone

Rouyn

Gold

Apr

30

Mar

July

13

10

Jan

12%

Feb

36*"

22

Sep

26%

1

2.18

3,950

>

7c

7,500

,

93c

700

35c

35c

14

Nov

8%

6c

Mines

47

Oct

•■'■29

93c

Bidlamaque

Feb

9%

1.

Dec

11%

•

•

44
27%

1,

100

32%
22 %

Pipe

1

200

-20

National Steel Car

Swayze

3%

13c

Oct

Oct

12% July

130

26c

70

15%

26

13c

40

1

210

3 %

Lac

5

•

74

Mylamaque Mines

12

Gypsum, Lime & Alabastine

73

25%

5

Guayana

350

16%

Jun

Jun

10

17

Brass

Long

505

2,850

73

preferred

19%

45c

14 %c

7.90 May

•

185

43c

'

15

17

45c

Moore Corp common

13% May.

14

7%

16 %

Porcupine

12

12

14

7%

16%

Works

Knitting

4

common

Wire

Wihksne

16

Montreal Locomotive

95

Dec

46c

4%

Gordon Mackay class
Grandoro Mines

Grain.

9c

4c

Goodfish Mining

Pacific

13c 14 %c

27c

Mines

13c

&

Oil

27c

13c

1

Mines

Goldvue

_•

yc

Goldora
J*
•

1

—

37c

9,600

1.82 May

July
Oct

30c

May

4

'

4c
74c

Dec

9%c

7%c

10c

9,799

7c

May

21 %C

95c

95c

99c

3.516

75c

Aug

1.45

Feb

New

8c

3,500

May

15c

Feb

Nib

Heath

1

12c

11c

12c

6,033

9c

Oct

35c

Feb

97c

97c

1.00

1,100

95c

Aug

1.40

Jan

Nipissing

14%

15

375

10

Aug

15

Oct

MLuanda

25 %c

28c

17,750

24c

July

97c

Feb

Norbenite

1

60c

60c

2,100

46c

Aug

89c

Mar

•

8c

8c

500

7c

Nov

18c

Jan

9%c

9%c

7c

Nov

18c

July

6,500

57c

57c

60c

8,500

8c

1.500

6c

6c

500

1.25

1.25

1.30

417

46

48%

1,661

42

35c

37c

4,500

25c

Nicholson Mines

1

2,000

20c

■

Apr
Feb

2.55 Mar

Jan

1.45

Jan

65c

9%

Feb

Jan

70c

Sep

60c

Dec

Feb

1

4 %c

46 %

l

Hasaga Gold
Headway Red Lake

4 %c

18 %c

Jan

July

12 %c

Aug

18%c

4%c
18 %c

Aug

l

Gold

Hedley

Mascot

Hendershot

Paper

Heva Gold

com_

7c

*

Mines

28c

i

7c

7c

Merger

Yellowknife

7c

Mines
Mines

Malartic

Mines

Norgold Mines

Highland-Bell
Highridge Mining
Highwood Sarcee
Hoilinger Consolidated Gold
Home

*

Mines

Homer

1,500

Yellov.knife

5

11%

11%

12

2,390

•

Oil

4.55

4.40

4.70

22,425

7 %c

9.50 May
2.75

Jan

13%
4.80

Normetal

4c

North

Inca

15c

Sep

Northland

65c

Nov

North Star Oil

47c

Jan

45%

Feb

O'Brien

Nov

13c

Jan

53

e

28,900

24 %c Aug

32c

5,500

Hudson Bay Mining & Smelting
Hugh- Malar tic

•

42

42

44

816

1

4e

3 Vac

4c

11,600

10

26%

26%

27

360

14%

14%

14%

ordinary_5

13%

13%

14

25 %

25 %

Imperial

Bank

Imperial

Oil

Imperial Tobacco of Canada
5%

Ail—25

preferred

Imperial
Indian

Varnish

Lake

Ingersoll

4

com

Gold

class A

*

Inglis iJohn) & Co
Inspiration Mining

30

4,920

121/2

Jan

15 % July

1.115

13%

Jan

15 % Mar

460

25 %

Nov

25%

Nov

Nov

13

Nov

13

13

10

8c

E'%c

5,400

8%

8%

45

6

9

52c

9 1
52

j

3%c

Apr

18

...1

4u

25

8%

1

Machine

29c

4'3

1,000

14

Int'l

Metal

class

Powders

com

A

International

Nickel

International

J

M

32

50c

-

_

Mines

-

Orange
Orenada

24

Feb

Uilac

Apr

Osisko

11c

8,000

7c

May

52e

1,100

52c

Dec

85c

Jun

39c

6,100

24c

Jan

4 Re.

ADr

5c

Aug

10c

Jan

;

Quebec

Jan

Osulake

11

2.35

2.45

9,675

70c 74 Vac

5.600

46c

65c

2,300

40c

Jan

2.35 Julv

14c

July

21c

2.35

15c

15c
7c

68c

20c

8,000

9c

11,200

11c

14c

4,000

13%

13%

235

IO'/BC IOVSC

500

17c 19 %c

17"

Lake

Lake

1.04

Mines

Mines

3%

1.80 May

6c
7c

13
9c

Jun

Oct

May

May
Sep

20 0°^

17c

Nov

1.01

1.12

21,650

81c

July

80c

2u,uUU

45c

May

Kayrand

Mining

Keno

__

_

Kenville

(Eastern

210

26

Mar

33%

Aug

Pacific

5

101

Nov

104%

Jan

Page

Oct

37%

6,011

32

13

1,540

12%

37,700

1.47

1.47

400

35c

Sep
July

1.35 July

Hershey

Jan

Pamour Porcupine Mines Ltd.

Feb

Pandora

Jan

1.68

6%c

Sep

15c

Parbec

Jan

8c

Dec

19c

Jan

Dec

5c

Sep

16c

18c

22,523

July

55c

8 %c

1.799

Partaner

Kirkland-Hudson

_

Kirkland

Townsite

8c

c

1,142

3c

Dec

5c

Sep

Perron

41c

7,750

33c

July

60c

Jun

Piccadilly

45c

45c

48c

9.800

33c

May

95c

Jan

3c

Mining
Gold

Dufault

& Exploration..

Mines

Mines

Lake

Fortune

5c

Nov

12c

Lake

Shore

8c

Nov

84c

Jan

1.21

July

32 %

32%

165

27% July

33%

Jan

1.70

1.18 May

2.20

Nov

12,000

5%c May

10,450

9c

2.068

6c

May

20c

Feb

9c

2,500

9c

Aug

23%c

Jan

%C

5c

5 V2c

-3,000

3c

Dec

12c

Jan

3c

3c

3,500

45c

49c

5,739

66

10

16c 17 %c

16 %c

Gold

13,700

42c

65

July
May

7%C Aug

9Cc

90c

90c

1 200

86c

Nov

13c

12 %c

14c

86,000

7c

July

Pickle Crow Gold Mines....

2.50

2.50

2.60

3,075

3.95

3.95

4.00

1.375

15 %c

15 Vac

18c

6,600

15 %c

53c

50c

56c

42

43

87,850
705

33%

90c

91c

1,000

40

39,900

21c

May

55c

Jan

Powell

50c

50c

2,000

40c

Sep

60c

Oct

Powell

41c

44c

4,100

25c

Aug

50c

Nov

2.625

12 % Mar

17%

Nov

Pressed

6,750

14c

May

46c

Jan

Preston

50c

Jul/

1.05

Jan

Purdy

Jan

2.30

Nov

Purity Flour Mills common.

Apr

32c

Oct

500

6'/8C Aug

24c

24

31

Oct

Jan

Porcupine

Peninsular

Mar

Porcupine

Reef

15%

16

19c

19c

21c

61c

61c

500

1.92

1.83

1.S8

16,300

21c

21c

23c

8,000

24

24

24 %

175

1

6.75

G.50

7.20

14,675

7c

7c

7%c

6,500

5c

Oct

61c

Feb

1.33
10c

23

July

3.40 May

Larder

Voting

7.50 Aug

Quebec

47c

43c

1,000

35c

May

86c

Jan

5c

2,000

4c

Apr

15c

Jan

Regcourt

16c

16c

1.400

12%c

Oct

33c

Jan

Renfrew

14

13%

14%

2,185

13%

Jan

16%

Nov

Reno

Queenston

Jan

Riverside

200

2.80

Sep

4.50

Jan

980

5.70

Feb

7.75

Nov

Class

1.25

19

1

1

Dec

7c
17 %c

6%c

20

Sep

22

7c

7 %c

2,500

6c

Oct

13c

Jan

17c 19 % c

15,600

17c

Dec

50c

Jan

4c

May

6c

7c

25

12,000

19

17c

17

<17

17%

285

16% Aug

21%

Feb

1

3 %c

3 %c

3 %c

9.500

2 %c May

4%c

Feb

Leduc-Wesl

Oil

*

*

50c

50c

3.500

39c

55c

Leitch

Mines, Ltd

1
1

1.27

1.26

1.27

2,900

Laura

Secord

Gold

Candy

Lencourt Gold

1

Lexindin

1

Gold

Lingman Lake Gold Mines

For

footnotes

see

page




-1

44.

1.16

Sen

Jun

1.45

Little

Sep

Russell

Ryanor

c

65c

May

500
250

9Vb May

14%

Nov

2.50

Nov

%c

7 Vac

1,000

11%

11%

110

11%

Dec

14% May

51

105

51

Nov

55

50c

500

50c

Jun

1.15

1.32 May
7c
Sep

20c

Jan

Jan

Feb

83c

573

60c

July

1.20

Ja'n

90c

1.00

3,877

64c

May

1.20

Aug.'.

4,390

13% May

21%

Jan

80c

Feb

14%

15%

Nov

10

Jan

16c

Nov

Nov

47c

Feb

31

•

;.j

Feb

7c

17c

21c

9

75,300
25

9c

8

Dec

34%

Nov

38

8

8

210

6%

Apr

10% May

15%

16

70

15%

Dec

19

5c

33

7 %c

1,400

5c

May

43c

53c

15,300

20c

Aug

24%

24%

1,150

22%

Apr

25

50

12%

12c
1.03

Mar

...

i

.

Feb

Feb
Jan
Jan

17

16%

Nov

21

Jun

10c

12c

1,500

10c

Nov

45c

Jon%:

26c

25c

29c

30,800

25C

Oct

38c

14%

14%

14%

1 250

11%

Apr

15

Sep
July

7 %c

Mines

Industries

common.

8%c

1,000

7c

15c

July

Mining

2,500

13

Dec

28c

Sep

Saguenay

1"c

2.510

10c

Sep

34c

Jan

St Lawrence Corp common.

65c

70c

18,000

63c

May

A

Dec

1.67

9,200

5c

22c

Class

Jun

Nov

43c

12 '■•o

1.32 Mar

May

45c
56c

44%

8

Co

18c
12'

Jan

26,300
30

Roybar Chibougamau

Nov

75c

Dec

May

24%

Oils

Rupununi

27c

30c

A

com

A

Royalite Oil
.

May

7,070

9

Royal Bank

Jan

3

Lebel Oro Mines

ttoxana

4.40

15c 15'/a c

23 %c

Roche Long Lac

May

3.25 May

15%

class

Robinson,

7.25

Feb

"9c 12 VaC

A.

(1936).

Silk

85c
3.45

Feb

3.30

15 c

class

Gold

80c

Feb

2.30 May

9c

Textiles

6.60

80c

14%

Gold

3.25

Jan

83c
90c

...

Gold

6.75

1.31

17c

50c

11%

Gold

3.25

29c

Nov
Jan

2.25

7

Mines

Preferred

Quebec

85c

13%

2.15

59c

71%

51

Mica

26% Mar

85c
13

2.15

4%C

1,700

85c

certificates-

trust
Metals

East Dome

5c

__

*

Mines

"U"

Gold

Rouyn

LOc

-i

42%

Manitou
Gold Mines
Quemont Mining

•

*

Gold

Klver

Rlchmac
*

Porcupine

9c

15%

1

Lamaque Gold
Lang & Sons
Lapa Cadillac
Lapaska Mines

Feb

1.80

66

39c

1

1

Lake Wasa Mining
La Luz Mines

65c

9c

3c

26 %

5.0c

4

Mines

Jun

6,500
2,700

7c

45c

9c

a

Rowan

Lake

Nov

8c

com

Pen-Rev Gold Mines

Nov

34c

1

Gold

1.05

15c

90c

5

26 %

•

Laeuerre

3

35 %>c

_

(John)

Labrador

Lake

1

1

_

Jan

9c

Mines

cons

Ltd

38c

1

_

Lake

Kirkland
Labatt

_

Feb
Feb

2.26

9c

Malartic

*vmasrei

Penman's

3 % c

1
.1

__

%c

70c

Feb

14c

1

__

Gate

18

85c

Mines

Malartic

16c

_1
_

Jan

Feb

75c

Cadillac

paramaque

Jan

2%c

«

_

23

1.73

Tubes

16%

1,500

—

Golden

Jan

6%c

1

90c

2,000

1

Gold

Kirkland

19c

25 %c Julv

32 %

Petroleum

2,400

_

Kerr-Addison

Apr

90c

Pacalta Oils

8c

Gold

Hill

1.77

8c

Apr

8c

1

_

Nov

Feb

26

2 %c

*

Kelvinator
Kelwren

_

Feb

2.90

75c

85c

Dec

40c
__

6

Jun

6 %c

Aug

8c

___

Mines

FeD

5C0

13%

12%

2 %c

1

_

Ltd

16c

6,000

Pioneer Gold

Joiiet

Mines

Jan
Jen

Feb

4%

Gold

Red

1

_

Consolidated.

Joburke

9

2.05
44c

5 %c

7c

4Gc

70c

8c

Dec

Jan

70c

Mines

100

60c

1.47

Nov

1.32 May
10c

Jan
Jan

83c

5c

Crush

1

_

Mines

33'4

3

JulV

54

4%

Gold

10%

Apr

(1940)

common

Malartic

Omega

Sep

1

-

__

32

Jan

Aug

2.10

35c

Omnitrans Exploration

Aug

1

Mining
.

30

Jau

13c

Jun

52c

Oils

O'Leary

8
8

17c

Oct

65c

Gold

6%

12%

12*

1

Mines

c

12%

102 % 102'a

•
•

12'2

29

•

Mines

Jellicoe

common

Gold

Waite

Jason

Co

Petroleum
Uranium

Mountain

jacknife

Jack

a

100

International

Jacola

121

•

Preferred

Island

4

1,500

May

5c

9c

Mines

Pacific

_

International Bronze

6c

10,700

35c

Ogama-Rockland

Jan

6%c Aug

45c

31c

__

Dec

Feb

10,000

46c

31c

Mines

57c

1.25

,

6,520

13c

Gold

May

8 %c

I
1

Gold

1.55

10c

Northern Canada Mints

July

Okalta

l

Howey Gold

Hosco

1.50

13c

Mines

Morseman

Nov

4c

1.52

Mining

Norpick Gold Mines

1

Power

preferred-

preferred

17

May

40

103%

Dec

106

Feb

16 %

16%

17%

250

9%

Jan

19

Nov

47

47

48%

60

50%

Oct

103% 103%

-100

.50

32'% May

,

Volume
i'-V

COMMERCIAL

THE

Number 4653

166

&

FINANCIAL

CHRONICLE

(2347)

43

"

CANADIAN

Week's

Friday

Lawrence

San

Sand

River

Sannorm

Gold

Mines

Senator Rouyn

Gold

Breweries

"A"

19c

20c

4,500

20c

16c

May

30c

Oct

31c

May

85c

Nov

Aug

25%

Jan

21.%

21 %

21 3/4

355

213/a

48

48 </4

800

48

Nov

50

8%C

10c

4,000

8V4C

Dec

43c

103/4

75

I0V2

Dec

13%

2.97

3.10

20,372

2.06

Jan

5.35

Feo

2.97

15'/a

15

Va

il'/2

1+

185

160

12

8.40

320

Dairies

:

1

Class B

99c

1.05

16V4

51C

57c

12

12

12%

564

11 %

11%

IIV4

97c

Nov

1.05

Sep

59%

Nov

266

6%

263/4

27

365

24 V2

Jun

22

22

23

255

193/, May

100

100%

100'/a

1

45c

45c 54V2C

1

42c

42c

43c

18

18 V8

1.41

•

Class B

Preferred
uGold

Mines

Malartic

Southam Co

4

Springer Sturgeon

•

1.42

*

65c

Stadacona
Standard

Mines

(1944)

Chemical

102

100 Va

90

Oct

3 2 3/s

Jan

43c

Nov

68c

Aug

fi8c

Yellorex
vmir

Nov

20

8,050

65c 68 Vac

4,332

Sep

91c

1.48

May

85c

100

May

7'/a

125

7

May

97'/a

25

96

Nov

105

14

Dec

23c

12,500

20c

Aug

Mines

5V2 May

5

675

5

Nov

8

Stanley

*

9 3/8

9%

50

93/8

Dec

12

83c

88c

4,700

1

85c

55c

1.06

Mav

Co

of

Canada

*

common

Preferred

Steeloy
Steep

25

Mining
Rock

Iron Mines—

1

38 %

Feb

3412

50

33%

Oct

36

Jan

37

45

35

Oct

393/8 Mar

33 Va

Oct

36

35

Oct

39% Mar

27

__

_

Cons

Svlvan't.e

Tamblyn

1

12c

Mines

2.06

2.25

10c

83

Jan

Andian

89 3/,

Jan

Asbestos

Aug

2.65

Brown

9

Mai-

15V2

Aug

1,500

He

May

27c

Mar

3.000

4c

Dec

10c

Jan

Canada

1.70 May

2.85

Jan

Canada

2.10

2,475

2.05

2.05

2.15

29c

Jan

Nov

21c

Apr

19 1

3,074

13%

Jan

213/4

Oct

5

96

Oct

Julv

ft

23

23

560

19

Oct

25%

Jan

Is

2.85

3.05

7,245

2.70 May

3.50

Nov

6'-»c

70c

27

27

Texas

Mines

50

52

5%

5 "4

2.75

Jan

16

1.00

Feb

Canadian

Feb

28 V2

Sep

5%

4

5

3.65

3.65
1.35

1

Mines

Tip Top Tailors
Toburn

Gold

1

Tom bill Gold

Dec

54c

5V4

6%

Nov

Finance

Jan

Canadian

Transcontinental

May

62c

Oct

Daihousie

65c

Feb

Dominion

Week's

18

215

I7V2

Dec

21

Mar

Dominion

Glass

70c

75c

3,134

68c

Nov

Feb

Dominion

15c 15V4C

6,500

15c

Nov

13

388

11

for Week

Shares

170

1

lie

11c

12c

1,000

43

47

175

67c

68c

1,600

4
C7c

Jan

13 %

Jan

Nov

July

58c

Donnacona

15

Nov

31

com..4

90

78 %

94%

1,795

43

May

175

170

175

34

155

May

3

May

1

Feb

6%

7,515

105

109

275

19%

1934

145

671/2 May
191/4 Nov

13:%

13%

100

12 '4

4

40

40

10

4

22

23 %

200

4

30

30 %

85

common

com

Lumber

Union

Co

Gas

•

Feb

international

Class

B

class

Steel

125

17 % May

21

Feb

48%

48 '.'a

43

140

42%

Apr

50

Nov

Ogilvie

15 %

15'/a

16 Va

320

5% May

17

Nov

Oil

8%C

May

6%c

1,000

8 V,

8 %

1.010

75/e May

2.48

2.45

2.52

4,960

2.00 May

•

Ltd

7.30

7.30

7.50

1,442

12c

12c

7,000

i

footnotes

see

page

21c

Jan

8 Va c

8%

1

Vicour Mines

For

1,000

•

Mines

a

15 V4

Jan

Oct

43

Feb

21

Jan

251/4

Feb

26

90

Sep

Mar

36V2

Apr

130'/a Mar

3%

3%

4,450

21/2

Aug

40%

40 5 8

43

15

371/4

Aug

18 Va

18%

21

6/222

14'/a May
32c

4

36c

1,510

31.

31 %

175

4

37

37

40

12%

12%

25

4

new

36c

4
com

Oil

37
41

Feb

150

12%

Dec

121/8

Dec

25

200

25

Dec

25

Dec

25 %

515

143i May

27

Nov

2.70

700

26

26

25

21

21

31

57 %

61

102

102

48 %

26

4
Shoe

72c

Nov

Sep

25

4

Paper common

58 %

•
100

__

Ltd

Minnesota

Jun

preferred
Ontario

&

Flour

1.90

RATES

Monetary

Jan

3.00

Jun

20

Jun

30

Feb

21

Dec

24 %

Feb

3,209

41

May

63%

Nov

5

102

Dec

105

CERTIFIED

BY

FEDERAL

28,

1947

Unit

TO

RESERVE

Pend
Price

Bros

Nov

Reliance

12

22c

Feb

Yukon

15

24

1.815

15 3/4 May

24%

26%

25

26 3'4

Dec

30

4%c

4 %c

4

4 %c

.2.500

41/2C

Dec

2.13

1,400

1
4

Grain

Temiskaming

Mar

48%

2.04

26 3

4

Oreille

Feb

2.85

Aug

BANK

DECEMBER

Buying

Rate

Value

4,

TO

1947,

1.75

68

55

52 34

20

20

100

15'/2

8c

10c

1.500

1.00

1.00

400

20

1

Mining

Consol

48 »/4

67 %

4

8c

1

68

Dec

TREASURY

for

In

Cable Transfers

United

UNDER

3.40

Sep

Nov. 29

Dsc. 1

t

•

Official

TARIFF

ACT

OF

thousands

70

Nov

Aug

23

Nov

12c

Jan

1.45

Sep

Jun

of

dollars)
Inc. ( + )

1930

York

Dec. 2

#.

$

Dec. 4

$

.297733"

.2977334

.297733"

.251247"

.251247"

_

fund

for

F.

.251247"

.251247"

.251247"

ctf.

21.418,038

and

S.

Brazil, cruzeiro

3.212133

3.212133

.022785
.054406

.892500

.887109

Colombia, peso

.5698004

.5698004

Czechoslovakia, koruna—

.020060

.020060

.882656

.877968

.5698004

.5698004

.5698004

.020060

.020060

.020060

.887500

Closed

.208604

.208604

.208604

4.031171

4.031328

4.031328

11,456

+

16,90<i

+

2,561

+

401

1,077

403

purchased

—

—

226

3.110,405

5,38 r

—

—148.735

7.066,405

—177,000

1,456,250

+

57,500

+

561,15

1,076,633

+

148,600

+

323,2411

Due
1.000000

.208604

.208604

4.030937

1.000000

—

—108.110

+

12.520.543

U. S.

Total

panada, dollar—
1.000000

74,900

Bonds—

.054406

1.000000

102,59.

+

securities:

Govt,

Total

1.000000

900

-

Notes

.022781

.054406

3,212,996

Certificates

3.212133

.022798

.054406

.

3.212199
.022789

Closed
—

+ ■

3,644

Bills

Australia, pound

+

262 381

advances

loans

Acceptances
U.

S

74,000

251,165

reserves

Other cash

Industrial

+

R.
683,868

gold

1946

$

20,734,170

'

or

since

Dec. 4,'

1947

S

certificates

notes

Dec. 3

Nov. 26,

1947

.297733"
_

England, pound sterling

Jan

May

We

Discounts

Denmark, krone

Apr

Reserve Banks Combined

Assets—

In New
States«Money

«

Free

Oct
Feb

8c

6%c May
1.00

Jan

Statement of Condition of the f 2 Federal

INCLUSIVE

Nov. 28

peso—

Official

Nov

23

23

•
4

Total

Belgian, franc

Feb

26%

100

Paper

common

Selections

10

Aug

7.25

10c

Langley's

Redemption

Free

Jun

Jan

3OV4

Dec. (—i

Noori

and

Nov

2.b5

12%

Gold

i

21 '/2

44.

NOVEMBER

Country

Mar

24 %

4

com

requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily

EXCHANGE

Feb

50

37

Dec. 3,

Argentina,

3%

record for the week just passed:

FOREIGN

Oct

155

•

Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.

give below

Nov

May

3 "2

(In

to the

Nov

23 7/b

*

Foreign Exchange Rates
Pursuant to the

7 »/a
113

Feb
Jan

12c

18 V»

4

tipper Canada
Ventures.

IOV2
21c

4,105

12c

18 MB

50

preferred

Oils

United

8V2 May
8c

4

12c

18 %

25

A

preferred

United

9 3

9

9%

4

class B

150

148%.

Aug

39

4

Humberstone

1

Mining

United Corp
United Fuel

149

2

Preferred
Union

5%

Feb

Dec

170

107

5%

May

943/4

19%

Hayes Steel

Dec

1.10

8'/4

4

Sugar

Paper

Foothills

May

High

Jun

25

100

30c

26 Va

Low
10

Preferred

47

ICV4C May

Range Since January 1

High

90

_

Textile

Oct

180

Low

Jan

30c

Sep

15

Nov

Sales

Range

27

Bridge

17%

172

•

Paper

Oil

Nov

12

Mar

8%

Paper

16c

172

Resources

Consolidated

35c

172

A

Nov

100

1.40

Jun

19c

26

Westinghouse

8,600

70c

30c

17

8%

com

Western

9.600

1.40

Oct

<V

of Prices

100

19c

Nov

Dec

26

Preferred

Aug

50c

1.35

May

8c

4

Vickers

1.35

*

class

4.50

Pulp &

Bronze

18c

MOO

Trusts

Towagmac Exploration
Traders

3.20 May

6,075

19c

13%

—1—

4

Industries

1.35

4

Elevators

3.85

18c

4

General

395

100

42 V2c

•

Thu roots

Toronto

10,000

101

4

Dominion

Canadian

75

Thompson-Lundmark Gold Mines

Toronto

1,300

9c
17

Sale Price

common

Canadian

Oct

50c

45

1

Oil

Canadian

23c

fic

16

21c

8>4c

Vinegars

26

305

26 3

97

100

&

1.98 Mav

1,500

20

4

97

1

Preferred

62c

5,700

6?c

I

Aug

Dec

9 Vac

*

Corp

Co

11

2.00

20c

10c

6,700

2.85

*

Preferred

Feb

6c

100

7'9 c Mav

3.500

--5

National

Canadian

Gold

6.500

12c

—100

-

Columbia

24c

2.00

4

Jun

1.75

British

22V2C Mar

4c

*

common

Oct

11

50

Teck-Hughes

12c

Jan

1934

Jan

23c

6c

i

common

Pearson

25

Last

Sep

13,800

2.06

*

Gold

Ltd

£85

101

Friday

10c

1,000

I

Preferred

Taylor

11c

1

Mines

Gold

River

27 %

9 V2c UV4C

4

common

STOCKS—

743/4

72

Nov i

30%

Toronto Stock Exchange-Curb Section

78

180

79

100

Sturgeon River Gold
Sudbury Contact

Taku

77 Va

79

*

Sterling Coal

Suilivan

77 Va
79

Mar

Oct
Nov

Par

Steel

50c

23 %

10c

Girl

Apr

Gold

Nov

23

10c

Jan

class A

Dec

15

Canadian Funds

550

5

534

Oct

10

220

IOC

1

common

Feb

534

*

28%

250

Feb

com

Feb

21% May

26

101

1

Mines

Vankee

4.95

30

-_1

.

Knitting

Dec

4.20 May

25 'a

27

Apr

93/8

0

Olsen

100

—

Nov

50c

7%
97'/a

Standard Radio class A—
Starratt

14

9

.

8

Brock

Jun

Jan

80

Oct

6

Paving

7

18c

Dec

25

Nov

11

125

1.45

York

*
:

preferred

Combing
Wright-Hargreaves

Apr

36c

170

Nov

36

A

Wool

106 V2 Mar

Dec

7,825

10,100

10

6c
80

3412

Preferred

Jan

29

5,450

21c

29 Va

_

Winchester Larder

100

com

Preferred

Standard

12

Jan

27

♦

Simpson's Ltd class A

26 Va

.

Wingait Gold
Winnipeg Electric

13 3/s July

11'/4 May

25%

a

9

_

Wiltsey-Coghlan

Nov

24V4C

185,800

..

Grocers

Class

3.515

23c
*
.

com
_

A

Western

Feb

4.65

14

Consol

Grocers

ciass

4.55

9

Preferred

Nov

10V4

com

Products

Western

10

9

A

Westeel

Nov

15%

Dec

8.40

49,000

52c

•

A

1.02

1
class

Apr
May

12%

va

8.40

4

SiJverwood

Class

80

10

25

Hiali

k

1,000

SO

*

W)

&

Low

G'c

9

(G

Range Since January 1

High

6c

4.55

Ltd

Wekusko

Sep

Low

1

_

(Hiram)

Waterous

Jan

.

Shares

Amulet

Walker

Jan

10'/a

10c

Cotton

Waite

Aug

5,600

Gold

Wabasso

Nov

Aug

18,600

1

Mines

5.10

6c

66c

•

common

Apr

for Week

of Prices

Par
Villbona

Oct

140

3.25 May

64 c

1

——

Miller

117

64c

4

Mines

Voting trust ctis
Sigma Mines (Quebec)
Silanco

Siscoe

14c

1

Mines

onerrltt-Goroon

Sladen

12c

•

(1945)

Shea's Winnipeg Brewery

onver

70

5,575

*

Preferred

Sicks'

136
4.50

4.20

i

Ltd

Shawinigan Water & Power

Shawkey

135

1

Sales

Range

Sale Price

STOCKS—

High

Low

4.20

100

Ltd

Mines

Week'e

Last

Range Since January 1

High

I

Gold

5

Friday

Shares

1

Paper preferred-

Antonio

MARKETS

DECEMBER

for Week

Low

Par
St

ENDING

Sales

Range
of Prices

Last

Sale Price

STOCKS—

LISTED

WEEK

FOR

RANGE

F.

loans

from

R.

of

securities.

22,119,831

securities-

22,386,259

—229,048

banks

other

95

banks

111,445

items

2,770,319

premises

Other

-1,767,79 L
—1,747,91

>

r

—

—

+

33,168

—

75,764

assets

311,eoy

—

—119,635

and

foreign

notes

Uncollected
Bank

Govt,

—2,340,57V

+

14,267

—

158,897

+

1,87!
364,856

33

+

631

4,915

+

23,121

+

1.743,83 f

4.031171

Total

47.046.253

—

16,092

24,706,491

+

70,756

acct.

17,038,499

—

82,292

acct.

1,256,041

—

57,828

assets

Liabilities—

France (Metropolitan) franc

.008400

.008402

.008400

.008401

.008400

Federal Reserve notes

India (British), rupee

.301754

.301754

.301754

.301754

.301754

Deposits:

Mexico, peso

.205753

.205753

.205753

.205753

Netherlands, guilder

.377731

.377682

.377658

.377561

bank—reserve

Member
U.

S.

Treasurer—gen.

137,52' I
+

816,7(1

+

576 55

145.370

15,696

519,276

+

799

+

213,90

—123,625

1.000000

^

1.000000

1.000000

.884583

Free

1.000000
.884791

.880208

3.225000

3.225000

Norway, krone

.201580

Portugal, escudo

.040035

Spain/Peseta

.091324

Sweden, krona
Switzerland, franc

3,225000

.201580

.201580

.201580

.040044

.040085

.040166

.0913124

.091324

.091324

Surplus
Surplus

.278257

.278257

.278264

Other

.233628

.233628

.233628

.233628

4.007500

4.007500

4.007500

4.007500

Uruguay, peso—

Noncontrolled
•Nominal rate.




371,716

179

+

—

18.808

+

182

+

6,21'
1,702.220

3.225000

Capital Accounts—
Capital paid in
(Section 7)
(Section 13b)

.6583004
.5620404

.658300s
.5S2040:S

.6583004
.5620404

.6583004

.5620404

Total liabilities & cap. accts.

of

gold

+

2,534

make

16,092

—

64

—

24

r

27

49,560
1,743,837

bills
—

3,489

indus¬

certificate

to deposit and

liabilities

—

7,443

to

47,046,253

—

cor¬

trial loans

note

+

2,841

liability
on
for foreign
respondents

serves,

81,468

+

50,557

Contingent

Ratio

9,682

+

27,455

capital 'accounts

Commitments

+

439.823

194,730

purchased

Controlled

1,461,821

+

—

2,326,759

f-

liabilities

.278257

Closed

+

34,240

20,226

19,280,212

availability items—
liab., incl. accrued divs.

.875625

Other

Total
Closed

—

46 333.688

deposits

Deferred

Official

Union of South Africa, pound

+

Total

Newfoundland, dollar—

pound—

466,396

Other

New Zealand,

Foreign

F.

combined

—

1,005

re¬

R.
48.7'/;

+

0.2%

+

5.8%

-frS

44

(2348)

THE

COMMnjjtClAL

&

FINANCIAL CHRONICLE

OVER-THE-COUNTER
Quotations

for

Friday,

MARKETS

December

5

Investing Companies
Mutual

Funds—

Far

Aeronautical Securities
Affiliated Fund
Amerex

1

4.77
3.77

Par

5.24

IV*

Inc

4.13

Holding Corp

10

American Business Shares

27%

1

29V*

3.68

Managed

4.03

Fund Inc

Axe-Houghton

8'A
7.23

14.84

16.13

Beneficial

1

Blair

Corp

Co

&

Inv

Bond

1

Tr

of

Boston Fund

America

Broad

Street

shares—

3.84
3.50

4.16

4:12

Petroleum

20.69

Steel

8.18

17.63

1

16,47

4.14

Metals

Paper shares

96.42

8.17

18.05

Manhattan Bond Fund Inc—
Common
iOc
Mass Investors Trust
i

7.15

Mutual Invest Fund Inc

10
1

13.19

14.17

9.50

10.27

Nation-Wide

14.67

Balanced
shares
national Investors Corp
National Security Series—

Commonwealth

Delaware

Invest

3,040
144

5.59

6.08

1

14.61

15.80

25c

1.39

1.53

Fund-,

Dividend

13.56

139

Shares

Bond
Low

1

Stock Fund

23.43
14.59

23.31

25 20

Mutual Trust Fund

Capital
Investors

Stock

Selected Group

6.68

*

41.09

44.18

4.98

5.34

New

York

Stocks

Diversified Investment Fund
Diversified prefeired stock

8.14

8.83

Chemical

6.20

6.73

9.77

10.59

shares

Electrical Equipment
shares

5.13

General

bond

Industrial

shares—

shares

Machinery shares—

shares

Income

9.62

Reserve

10.58
6.88

5.31

5.19

Putnam

Republic

4.85

1.60

1.64

Bank

5

21.21

.22.93

Group shares

Group

7.43

shares

8.15

74c

shares

82c

1.02

92c
12.90

10

26.77
13.12

13.43

Series

B-l

(Investment

B-2

(Medium

B-3

(Low

B-4

(Speculative

K-l

(Income

Bonds)—1

Grade

Bds)__1

Priced Bonds

1

Bonds)

27.19

28.43

23.08

25.18

16.06

17.52

S-l

1

8.68

17.00
19.07

20.81

Stock

(Quality

Stocks)

common

Stks)_l

25.17

17

10

48

50

Pacific

Fire

28%

30%

Pacific

Indemnity

47

15.28

20

146

151

11.72
5.81

Fireman's Fd of San Fran

5.18

Firemen's

Fidelity & Deposit of Md
Fire

Assn

of

of

Phila

Franklin

10.99

49.50
10.81
6.15
67c

45.25

3.11
27.42

-

.49.50

fill.70

Republic
Revere

(Paul)
Fire

Marine

(Texas)

19 %

SL

25 %

Seaboard

10

15

17

38%

40'%

Security New Haven
Sprgfld Fire & Marine

5
com

6%

7%

Standard

15

17

15

Paul

&

Fire

S-4

(Low

Priced

Knickerbocker

Travelers

81

U

S

Fidelity

26%

U

S

the

10

105

109

U

S

Guarantee

lnspect_10

30

33

&

Recent

9.47

1

16.84

18.38

1

14.85

Westchester

l

7.17

Bid

Arkansas Pow & Lt 27/8s

1977

96%

Consol.

Shares—

E

7.40

2.28

1977

100%

Edison 3s

Ask

1

4.88

5.43

Series 1956

1

Shares—

1967

94

Bankers

Trust

—10

Brooklyn Trust

Ask

36%

100

38%

100

Central Hanover Bank & Trust 20

105

89 %

92 %

Chase National Bank

15

33 %

35 V*

Chemical

10

39

Par
Trust

Bid

Ask

100

Guaranty Trust
Irving Trust
Kings County Trust
Lawyers Trust

160

175

100

National

190

95%

96%

1977

98

99 %

1977

99

93%

95

Pennsylvania

1980

97%

98

Pitney

98%

99'A

Public Service

&

Trust

100
10

20
Continental Bank & Trust
lo
Corn Exchange Bank & Trust_20

39 %

Empire Trust
Federation

Bank

National

&

Trust

41'A

Morgan

14%

15%

National

53 %

55 V*

New

72

50

76

Public

Mew

Public Service 2%s

15

18

Sterling

10

37

39

Title

1,305

& Co Inc

England

4%%
Ohio

253

15%

States

&

1,450

1976

1975

95

97

Toledo

1977

98'A

99%

262

Edison

Bank

1%S

Oct. 1,
1%S May 1,
l%s Jan. 1,
2%s Feb. 1,

Bonds—

Bid

Ask

1950-1948

99.30

1952-1950

98.16

Co

2%s

98.24

1953-1951

99.4

Par

51 %

American

50'A

Bid

Birmingham Elec $4.20 pfd
100
Connecticut Light & Power—

245

$1.90

251

39

41

86%

102

Trust_17%

38%

12

Trust

Cladmetals

1

preferred

Ask

Electric—

preferred

100

pfd

90

50

94

54

55

78

(Indiana)—

preferred

81

100
Controls

preferred

com_l

7%

4%%
94

Texas

8%

preferred

6

6%

14

Co.—

100

95%

Transmission—*

8%

"A"

Corp

25 %

*

Transmsn

24

1

"A"

Co

Gas

Eastern

Tucker

25

Container

Carbon

Tennessee

1%
92

•

47

48%

*

$2 preferred

100

72

8%
620

1

96

5

50

51

West

$5

Disinfecting
preferred

common—50c

14

*

99

76

9%
650

Bid

100.2

99.30

Treasury bills—

100.2

December

Issues

122%

purchase

January

123%

Bid

11,

18,

December

1961

at

Ask

99.30

Panama Canal 3s

Treasury Rills

Bates quoted are for discount

December

Other

89%

40%

25

Trust

1%8 Apr. 15, 1948
l%s Sept. 15, 1948

102.8

98

87%

89%

99.12

1955-1953

96

100

Bowes 4%%

Seaboard

Speer
Stocks—

48%

Federal Home Loan Banks—

100.2

100

preferred

4%%

16'A

Obligations Of Government Agencies
Land

Elec—

&

Service—

Robertshaw-Fltn

97

United States
Federal

Gas

preferred

Public

3.50

Pennsylvania Electric 2%s

1,500

25

National

Guarantee

United

k._

Philadelphia El Pwr 2%s

48%

lOo
12%
:

&

27/0s

25

Trust
Bank

& Elec

20

Jity Bank

Nat'l

10

Bank

(J P)

York

100 1,245

Fiduciary Trust
First

100

Manufacturers Trust Co

Ask

101%

99%

1976

Bicl

10%
100

210

41

Bank

Commercial National Bans &
Trust Co—

1

pfd_100

95%

1972

3.90%

City Banks & Trust Cos.
Grace

33 %

Par

Cudahy Packing 2%s

Pacific Gas

Fulton

31

Plywood

Kentucky Utilities 4%%

2.72

347

2.50

Stocks—
Harbor

97%
101

2.60

3.32

332

65

Security Issues

Pacific Pwr & Light 3%s.__1977
Pacific Tel 8pTel 3%s
1987

6.44

•

1

24%

62

Fire

Firestone Tire & Rub 25/8s
Florida Power & Lt 3s

2.50

1955

Bid

48

10

7.86

Series

22%

46

45

16.97

4.55

100

540

44

4

7.84

4.16

Co__ 10

525

Co__2

6.36

9.28

Stk)__1

York

Guaranty

48.25

i

Independence Trust Shares

Manhattan

New

31%

Fire

21.00

North

Par
of

Bank of

40%

29%

100

27

25

3.70%

Eank

37'A

82C

14.29

New York

25 %

10

10

19.26

12.40

Fund

49 %

23%

21.63

13.09

com

70

47

10

6.73

7.17

Inc

Trust

67

10

Accident

25%

;

Hartford Steamboiler

12%

Surety

lo

Hartford

20 %

21

77

5

5

29

18%

10%

18

23%

American

4'A
27

10

5

Republic
Globe & Rutgers Fire
2nd
preferred

32%

10

10

Falls Fire

Great

10

5

30%

2

Fire.

Fire

3 %

10

74c

73c

11.36

Amer

82

101

2%

( N Y)

50
94

Globe &
15.20

Reinsurance Corp

47

Bonds—

Series

52%

79

5

91

5

General Reinsurance Corp
Gibraltar Fire & Marine

Stks)_l

com

49 %

Accident

10

Newark

7.12

,

Co

10

8.56

Stocks)—1

com

97

10

50

•

Ohio

(Income

(Appreciation

73%

10

Kentucky Utilities 3s

S-2

S-3

70%

25

10

Unit Type Trusts—

27.45

12.50

Federal

19.21

Investing Corp

Trustee

7

6

74

8.35

B_1

World Investment Trust

Diversified

Northern

15

7.61

Fund—1

Wellington Fund

18.55

pfd

5

Thoenix

9.48

1

(Appreciation pfd Stks)_l

K-2

12

24%

Northeastern

Providence-Washington

5.82

Stock Fund

Fund

10%
22%

71

20.98

C

Preferred

Whitehall

5

71

10

Hanover

25c

45

5%

2.50

Preferred

2.83

Corp_*

21

x42

New York Fire

27%

1

Investment

19

10

Fire

68

17.62

Wall Street

Keystone Custodian Funds—

Hampshire

25%

25.50

•

28%'

River

10

Casualty

C'rum & Forster Inc

31

26'A

19%

18%

10
Life

28 %

2

Brunswick

New

10

14.14

Common

Union

York
General

27
43

47/8

10

New

67

25

40

5

Employees Group
Employers Reinsurance

1

B

Union

64

28

5

10

Casualty

9.90

1

Trusteed Industry Shares
Union Bond Fund series A_

29.10

Management Fund Inc—l

Investment Co of America
Invest

5'A
73

29 'A

26

2

11.27

1

IOc

Series

4%
70

28

10

Amsterdam

North

of New

5
5

(Detroit)

8.21

Fund
Fund

13%

4

Union Fire

Casualty

10.20

20

2%

14.14

Group shares

11.40

Continental

5

new

Street

National

5

7.81

Selected Amer Shares

State

33

Fire

6.50

Sovereign Investors
Standard Utilities

Securities Ltd—

Insurance Group
Stock and Bond

Inc

30

10

Connecticut

Trading

Invest

21%

Liberty

25

10.03

(Geo)

National

2%

Shippers

City

equipment

Berg Fund Inc
Scudder, Stevens & Clark
Fund

&

11.20

_

Russell

50%

20'/a

Y

National Fire

10

Boston

Glens

4.37

.(

Investors

_

Tobacco

4.78

Foundation Fund Inc

Eankers

12.26

4.73

&

National

18%

56'A

New

Camden

_

Petroleum

30

16%
54'A

10.93

4.45
4.26

28

lo
25

Baltimore American

11.15

_

Railroad

4.02

10c

_

Steel

2.55

4.46

Common

Institutional

Railroad

10

5.30

Utility

7.59

9.62

2%

N

10.69

—

Coast Invest Fund

7.bi

7.32
10.22

Newark

Fire

13.94

_

48%

5

15 %

American Surety
Automobile

_

Pacific

4.09

shares

Aviation

Oils

37

12%

Assur

Mfrs

9.03

Public

3.92

shares

shares

Incorporated

14%

of

Re-Insurance

Fire

&

7.49

7.68

7.00

shares

Utility

Merch

11.19

_

2.33

shares

Equipment shares

Tobacco

Merchant

American

_

Metals

4.89

stock

16

12%

9

9.31

6.40

7.20

shares
Bond

Railroad
Steel

7.73

94 %

1

Massachusetts Bonding

14%
io%

10.40

5.93

-

Mining shares
Petroleum

Railroad

lo

5

5

American

_

Machinery
Merchandising

%

10

10.28

stock

34

preferred

Fidelity & Casualty_5

10.22

Industry

,20

preferred

Casualty
Equitable

3.98

equipment

Insurance

Convertible

American

10.51

7.08

shares

Price

Merchandise

RR

7.85

9.16

Investing
Low

7.64

7.13

Institutional bond shares

Electrical

5.57

7.04
7.24

Administered

Prior

36'A

American

9.97

Diversified

19'%

33%

5.56

8.78

Corporate bond series

Building shares

18%

4

15.42

Chemical

6.49

'24%

91

Casualty common

10

Automobile

3.51

__

7.54

5.98

Ask

22%

10

63

6.49

9.33

6.95

5.14

America

4.07

6.68

Building supply

43

North

American

14.38

__

Automobile

Fully

American

41

60

of

Maryland

American Alliance

4.77
3.49

Inc—

Agricultural shares

4.73

10
25

6.28

1

Aviation

Group Securities—

Aviation shares

60%

Bid
5

3.64

Bank stock

Food

Agricultural

7.78

9.65

Automobile

_1

shares

Jersey Insurance of N Y

7.03

Par

5.79

Series

Series

Agriculture

Trust

Insur Co

Life

Aetna

5.60

14.42

5.80

Corp

Home

45

lo

American

5.03
13.16

Inc

Ask

81%

3.12

New England Fund

5

Trust

Bid

42%

7.42

5.00

Low Priced Com Stock Series.

29'/2

t l/2

26%

59

100

78%

4.30

Series

Industrial

1.97

2

Investors

Fundamental
General

2

preferred

Par

Insurance

7.03

Series

shares A__2

Fundamental
General

1.80

5%

Aetna Casual & Surety——_10

6.39

Series

Stock Series

15.60

•

Financial Industrial Fund Inc 10
First Boston Corp
10
First

25.05

1

Fidelity Fund Inc

83

Insurance Companies
Aetna

Series

Bond

Stock

Speculative

Fund

1

6.76

Priced

Preferred

& Howard—

Balanced

81%

Securities—

series

Income
Eaton

Ask

25%

13.39

5.00
29.96

100
1

2019

12.03

3.75

com—100 2,940

4.%s_=_.

26.41

11.13

27.86

Securities

income

7.84

24.43

*
1

Fund—.

Conv

•

4.67

1

1

Preferred

Bid
& Pacific—

Common

4.71

Fund

Century Shares Trust
Christiana

Stocks-

Chicago Rock Island
101

4.63

4.24
4.27

A Canadian Iriv Fund Ltd
Chemical

Ask

100

4.56

4.20

shares

shares

Mass Investors 2d

■".jt BulloCk Fund Ltd

1994

—

3.89

19.14

16.31

issued)

4.54

3.53

92.56

lOo

If

4.59

•

Co Inc—5

Invest

Bid

ist 4ft

3.86

shares-

Non-Ferrous

4%

Bonds-

Chicago Rock Island & Pacific¬

4.23

General
Industries
shares
Home Furnishings shares.

5%

4

3.99

shares

Equipment

5

Inc—

Bowling Green Fund Inc
ii

5

48.15

3.62

and

as

101.33

47.19

Drug

7.82

5

99.30

shares
Electrical Equipment

9

1

Axe-Houghton Fund B

•

(When,

Ask

Funds—

Automobile
Business

2

Rid

10

Loomis Sayles Mutual Fund
Loomis Sayles Second Fund

Associated Standard Oilstocks

Shares series A—_

Reorganization Rails

Aak

Bid

Monday, December 8, 1947

0.70 %

January

b0.83

1947_,

25,

As It-

bO.82

1947

1947

0.72%

February 5, 1948
February 13, 1948

b0.93

1948

b0.95

0.90%

1948

b0.95

0.90%

b0.95

0.91%

b0.84

2,

1948
1948
15, 1948

Bid

0.73%

29,

b0.85

0.77%

January 8,

b0.86

0.80%

January

February 19,
February 26.

b0.88

0.82%

March

January

1948

22,

b0.89

4,

0.84%

b0.92

1948

Ask

b0.91

1948

0.86%

0.83%

0.88%

Quofalions For U. S. Treasury Notes
Figures after decimal

Maturity—

„

Int. Rate

tsept.

15, 1948——i

tOct.

1.

1948

Jan.

1,

1948

point

Bid

represent
Ask

1%%

100.3660

.3890

1%

99.9819

.0062

1%% 100.0155

*.0366

one

or

more

32ds

of

a

Maturity—

point
Dollar Price 100 Plus

Certificates of Indebtedness—
t%S Apr. 1, 1948

'i

>
•

of

Jan. 1,
t%s Feb. 1,

Dollar Price 100 Plus

Indebtedness—

Bid

Ask

Ask
.0093

t%s June 1, 1948
July 1, 1948 Series F„_

99.9668

.9672

90.9507
99.9511

.9679

100.0058

,0124

Is

Oct.

1, 1948 Series J__

99.9823

.0065

1948

99.9981

.0073

Is

Oct.

1, 1948 Series K

99.9830

.0072

99.9974

.0067

II



Odd lot sale

(not included In year's
range),
f Flat

b Bid yield price,

price,

k Removed

to

d Deferred delivery sales
Stock Exchange,

(not

rCash sales

.9675

1948 Series G
1948. Series H

1948

t7/8s Mar. 1, 1948-

a

Included In year's range) ;-e Ex-interest.

.9812

99.9503

tVeS July 1,
t7/8s July 1.

t%S

Maturity—
Certificates

Bid

99.9967

(not
w

included

in

1 When Issued,

•No

dividend.

par

'

year's
x

value,

Ex-dividend,

tin

tEx-stock

range).:
y

dividend.

(Un) Unlisted

Issue.

wdWhen

delivered,

Ex-rights.

default.- JThese ;.bonds

are

subject to

all

Federal

taxes.

TEx-llquidatlng

I

Volume

166

THE

Number 4653

COMMERCIAL

&

FINANCIAL

CHRONICLE

(2349)
Week Ended

THE COURSE OF BANK CLEARINGS
clearings this week will show

Preliminary figures compiled by
cities

of

the

based

us,

compared with

increase

an

a

year

ago.

telegraphic advices from the chief

upon

country, indicate that for the week ended Saturday, Dec. 6, clearings

for all cities of the United States from which it is possible to

obtain weekly clear¬

ings will be 17.0% above those of the corresponding week last year.

Our prelim¬

inary total stands at $16 101,114,116 against $13,762,784,386 for the same week in
1946.

At this center there is

a

Our com¬

gain for the week ended Friday of 37.4%.

Third Federal Reserve District-

+ 37.4

642,347,019

555,797,834

+ 15.6

708,000,000

+

483,743,918

1

$6,335,474,717

1,003,000,000

Philadelphia

380.547.755

+ 27.1

254.208.756

245,400,000

+

I

Philadelphia
Reading

346,637,000

333,945,000

+

299,392,789

198,817,326

314,860,496

224,023,333

217,571,869

162,407,716

$12,595,757,829

$9,398,622,437
2,274,978,570

York

828,658

2,290,502

+ 13.6

3,354,400

1,995,458

3,507,880

+ 13.7

3,277,098

3,491,737

1,677,724

+ 39.8

1,767,628

1,871,699

2.8

1,953,091
7,071,136

2,230,051

3,535,073

(11

3,638,476

6,756,420

...

5,092,536

5,564,786

5,764,016

856,574,759

cities)

728,142,466

—

+ 32.7

3.5

8.107,400

10.45L300

17.6

755,910,722

828,202,909

—

+

$15,302,763,588 $11,673,601,007

Federal Reserve District—Cleveland—
5,499,632

4,835,263

+ 13.7

155,454,501

125,410,924

+ 24.0

115,539,964

151,548.442

277,397,440

245,206,472

+ 13.1

224,883,223

24,416.200

21,692,900

+ 12.6

18.824,800

252.865,983 j
24,875,200 t\

3,276,463
4,038,479

+ 12.5

5,076,457

+ 25.7

4,433,721

3,834,617

251,215,775

214,010,463

+ 17.4

240,638,488

284,863,559

722,746,317

—

Cleveland

618,470,964

+16.9

611,522,350

724,295,122

Columbus
Mansfield

Youngstown

Pennsylvania—Pittsburgh

+ 19.0

+ 31.1

J.

Total all cities, five days

All cities, one

3.8

Total

(7 Cities)

day

798,350,528

West

4,439,465

2,762,689

3,921,053 t!

2,387,268

Total all cities for week

Reserve District—Richmond—

Virginia—Huntington

2,377,319

Richmond

Carolina—Charleston
Maryland—Baltimore
of

+17.0
Total

next week.

We

cannot furnish them
are

+ 18.0

9,041,000

8,208,000

+ 18.0

97,578,971

91,213,442

2,603,560

today, inasmuch as the week

not available at time of going to press.

2,437,596

185,114,038

155,060,734

54,873,107

50,635,103

367,764,883

314,010,917

Columbia—Washington.

(6

cities)

Complete and exact details for the week covered by the foregoing will appear
issue of

+ 32.5

8,378,000
95,705,722

South

—61.8

2,089,183,379

$16,101,114,116 $13,762,784,386

Saturday and the Saturday figures

1,793,762

9,886,000

112,910,859

Virginia—Norfolk

District

the elaborate
able to
Nov.

detailed statement, however,

which

present further below

we

give final and complete results for the week previous

29.

For

that

week

there

was

an

of

increase

—

the week

13.5%, the aggregate of

clearings for the whole country having amounted to $12,686,483,246 against $11,179,926 208 in the

bank

same

week in

1946.

Outside

of this

clearings at this center having recorded

Sixth

Federal

gain of 10.5%.

We group the

1,722,474

6.8

2,396,582

2,450,769

+ 19.4

167,275,406

219,733,446

8.4

65,273,396

63,952,427

+17.1

342,985,099

387,280,558

+

+

Reserve District—Atlanta-

Tennessee—Knoxville

12,708,813

53,993,559
178,200,000

Augusta

3,317,493

+ 20.2

8.7

10,725,406
42,847,949

14,137,717
45,039,315

+ 27.8

159,800,000

145,300.000

+

Alabama—Birmingham

+

2,461,375

+ 14.6

2,289,132

1,883,143

62,065,075

+

9.7

62,807,493

48,021,602

76,203,741

T

Mobile

3,055,563

2,820,269
68,059,739

Macon

Florida—Jacksonville

66,853,606

+ 14.0

68,128,756

63,165,879

5,107,611

Mississippi—Vicksburg
Louisiana—New
Total

10,574,888

58,714,429

227,700,000

Georgia—Atlanta

(10

4,708,618

+

444,707

101,519,734

+

563,661,692

cities)

325,797

108,585,390

Orleans

city there was a gain of 16.8%,
a

1,419,744

«

Nashville

Accordingly, in the above, the last day of the week in all cases has to be estimated.

the

+

2,601,933

Fifth Federal

ended

2,508.311

803,000,000

1,220,451

645,347

2,344,786

+ 34.0

2,707,005,759

Ten cities, five days

In

2,146,233
726,000,000

605,244

888,650

+ 34.0

Other cities, five days

are

6.8

+ 17.8

699.739

3.9

+ 50.5

3,988,098

Scranton

+ 40.5

Baltimore

we

2,517,534
701.000,000

+ 15.7
—

+ 50.6

Cleveland

our

$

662,584

826,000,000

Wilkes-Barre

Cincinnati

18.1

Pittsburgh

in

1944

2,668,315

Lancaster

Fourth

+ 16.3

289,700,000

San Francisco

ends

$

939,955
1,051,259

Ohio—Canton

41.7

295,762,864
St. Louis

1945

%

1946

1947

$8,702,741,874

Chicago

or

997,348

New Jersey—Trenton

Week Ended Dec. 6

Nov. 29

Inc.

Dec. %

1,010,134

Chester

Total

Boston

1,087,866

Bethlehem

Clearings—Returns by Telegraph

New York

$

-Philadelphia—

Pennsylvania—Altoona

Delaware—Wilmington

parative summary for the week follows:

1946

$

Bank

1947

45

8.6

8.5

2,906,014

3,974,319

3,020,011

5,002,639

+ 36.5

266,566

322,319

7.0

94,393,493

95,880.555

483,758,215

+16.5

448,139,128

421,773,180

cities according to the Federal Reserve Districts in which they are located and from
this it appears
a

Reserve

that in the New York District (including this city) the totals show

10.5%, in the Boston Reserve District of

gain of

District of

and in the Philadelphia

15.7%

In the Cleveland Reserve District the totals

17.6%.

are

larger

by 16.9%, in the Richmond Reserve District by 17.1% and in the Atlanta Reserve
District
.

of

ment

In the Chicago Reserve District the totals record an improve-

by 16.5%.

10.5%, in the St. Louis Reserve District of

Reserve District of 21.0%.

24.8%

and in the Minneapolis

In the Kansas City Reserve District the increase is 9.4%,

in the Dallas Reserve District 31.5% and in the San Francisco Reserve District 18.8%.

Seventh

Federal Reserve

Michigan—Ann

District—Chicago-

Arbor

1,071,415

917,765

+ 16.7

557,028

914,832

Rapids
Lansing
Indiana—Fort Wayne

8,962,323

7,301,162

+ 22.8

6,775,040

6,574,098

Grand

5,108,061

following

we

furnish

a summary

20.0

1,046,692

4,816,860

5,568,481

4,357,550

+ 27.8

3.403.641

3,685,736

44,125,000

39,532,000

+ 11.6

35,225,000

5,714,217

3,940,373

+ 45.0

2,852,823

Haute

36,019,000
3,918,085

12,891,397

11,288,608

+14.2

12,293,491

Wisconsin—Milwaukee

10,939,128

45,759,082

39,784,375

+ 15.0

36,810,729

40,121,911

3,009,625

3,045,153

1.2

2.107.642

2,152,175

22,617,107

21,184,745

6.8

18,125,955

17,013,587

12,173,266

8,900,967

+ 36.8

8,908,297

South

Terre

Iowa—Cedar
Des

Rapids

Moines

Sioux City

—

+

6,561,085

1,196,305

+

21.2

977,984

667,296

598,249,000

+

8.7

594,312,626

640,807,245

2,956,295

Decatur
Peoria

987,235

650,459,242

Chicago

by Federal Reserve Districts:

+

Bend

Indianapolis

Illinois—Bloomington
In the

4,258,362

2,321,770

+ 27.3

2,342,655

2,612,215

11,947,101

Federal

Reserve

Districts

Id

12

CLEARINGS

1946

1945

Inc. or

$

$
12 cities

York

New

BANK

1947

lit Boston

2d

OF

Dec. %

%

+ 28.4

9,733,235

8,958,506

4,260,187

3,570,141

+ 19.3

2,655,749

3,412,910

2,644,414

+ 29.1

2,807,410

2,763,847
2,720,771

841,232,014

761,587,062

+ 10.5

740,935,997

791,246,377

219,500,000

1944

%

502,101,407

433,878,214

+15.7

511,683,235

6,037,231,650

+10.5

8,283,464,555

8,135,951,194

Total

cities)

(17

638,832,885

6,673,326,395

"

9,303,442

Rockford

Springfield

SUMMARY
Week Ended Nov. 29

Eighth Federal Reserve District—St. Louis—

11

"

856,574,759

728,142,466

+ 17.6

755,910,722

828,202.909

4th

Cleveland

7

"

722,746,317

618,470,964

+16.9

611,522,350

724,295,122

207,200,000

+ 18.7

206,100,000

Kentucky—Louisville

97,931,222

5th

Richmond

6

"

367.764,883

314,010,917

+17.1

342,985,099

387,280,558

75,885,906

+ 29.1

78,876,288

Tennessee—Memphis

78,680,324

111,344,504

81,774,554

+ 36.2

63,902,319

«th

Atlanta

10

"

563,661,692

483,758,215

+16.5

448,139,128

62,651,708

421,773,180

Illinois—Quincy

1,950,178

1,290,210

+ 51.1

1,447,310

1,086,466

17

"

841,232,014

761,587,062

+ 10.5

740,935,997

791,246,377

4

"

457,125,904

366,150,670

+24.8

350,325,917

361,918,498

457,125,904

366,150,670

+24.8

350,325,917

361,918,498

Philadelphia

7th

Chicago

«th

St.

—

Louis

9tb

Minneapolis

7

"

330,046,116

272,779,418

+21.0

248,151,120

Kansas City

10

"

408,224,468

373,099,432

+

9.4

329,974,224

313,607,907

6

"

252,629,924

192,119,351

+31.5

188,997,909

159,620,334

10

"

711,049,367

598,697,849

+ 18.8

588,735,396

615,977,935

Louis

245,900,000

Total

(4

Ninth

Federal Reserve

cities)

241,121,517

10th

Missouri—St.

tlth Dallas
12th

San

Francisco

113 Cities

Total

12,686,483,246

11,179,926,208

+13.5

13,400,825,652

13,619,828,416

6,220,136,135

5,327,384,867

+16.8

5,310,101,034

5,712,867,131

5,437,059

6,368,231

—14.6

5,226,815

4,373,861

219,970,118

186,773,063

+ 17.8

167,727,137

84,496,512

Minneapolis
St.

Outside New York city

District—Minneapolis—

Minnesota—Duluth

61,538,598

+ 37.3

59,176,556

154,853,568
67,390,861

Paul

North

Dakota—Fargo

South

Dakota—Aberdeen

5,601,373

now

add

our

detailed statement showing the figures for each city for the

Total

+

2.9

4,857,080

4,873,869

2,687,958

3,339,488

+

8,579,034

6,627,597

+ 29.4

6,262,697

5,609,611

330,046,116

272,779,418

+21.0

248,151,120

241,121,517

Helena

We

5,444,483

2,330,867

3,631,153

Montana—Billings

(7

cities)

—13.3

2,122,520

1,776,575

8.7

2,778,315

2,243,172

week ended Nov. 29 for four years:
Week
1947

Nov.

Inc.

or

1945

1944

Reserve District—Kansas

City—

Nebraska—Fremont

383,537

Hastings

$

$

230,178

1,923,636

1,394,769

+ 37.9

4,087,496

3,799,909

+

427,065,383

366,668,074

+ 16.5

441,450,900

571,201,573

1,664,846

1,397,676

+ 19.1

1,084,625

1,374,378

696,767

622,151

+ 12.0

439,224

740,386

1,888,527

1,506,426

+ 25.4

1,334,364

1,843,329

Springfield

6,391,391

5,493,841

+ 16.3

5.575.626

4,582,151

4,231,627

+

8.3

3,842,770

18,526,095

+ 11.9

19,621,175

18,170,583

9,949,082

8,701,403

+ 14.3

7,570,576

7,854,942

21;996,400

20,286,500

8.4

24,543,400

21,448,400

1,117,087

1,249,743

—10.6

1,177,712

1,258,883

502,101,407

433,878,214

+15.7

511,683,235

638,832,885

100,529,536

83,982,724

+ 66.6

210,337

143,577

0.3

312,032

284,972

+ 11.0

5,097,552

4,496,551

+ 19.7

83,767,872

70,050,002

—

3,432,975

20,738,641

392,107
4,559,259

5,446,610

Worcester

390,898

5,059,969

Omaha

Dec. %

$

Federal Reserve District—Boston

First

Federal

29

Lincoln

$

Clearings at—

Tenth
Ended

1946

Maine—Bangor
Portland

—

Massachusetts—Boston
Fall

River—,

Bedford

New

Connecticut—Hartford
New

Rhode
New

—

Island—Providence-

-

Hampshire—Manchester—.—

Total

(12

cities)

Second Federal
New

—

Haven

—

York—Albany.

5,106,633

York

Rochester

Syracuse

10,065,659

10,705,402

6.0

11,905,951

2,894,244

2,124,557

+ 36.2

1,651,193

1,628,835

58,392,244

+ 21.7

59,798,686

67,164,955

1,263,731

9.0

914,571

1,211,807

1,601,073

1,576,520

6,466,347,111

5,852,541,341

15,924,651

14,652,522
8,254,403

9,454,296

+ 36.4

513,846

582,739

—11.8

488,299

627,417

40,138,831

37,477,982

7.1

43,530,654

42,062,717

I

Connecticut- Stamford

Jersey- ■Montclair.

Newark

__

Northern New Jersey.

(12 cities)




12,899,193

41,488,931

6,673,326,395

1

'

40,205,913

—

+
—

4.8

1,118,122

St. Joseph

1,569,098

8,090,724,618

7,906,961,285

8.7

12,501,188

16,677,065

+10,3

7,239,287

6,311,090

7,754,332

7,799,943

+
+

3.2

+ 10.5

45,837,654

8,283,464,555

2,920,749

260,321,900

+

5.7

218,880,289

7,326,194
219,598,867

8,787,688

+

9.2

7,829,778

6,807,055

1,512,341

1,466,333

+

3.1

1,116,928

+ 30.9

1,779,353
1,276,063

1,041,412

408,224,468

373,099,432

+

9.4

329,974,224

313,607,907

4,540,616
155,153,000

+

5.3

3,318,430

4,126,830

211,753,000

+ 36.5

155,355,000

127,094,000

21,048,910

(10 cities)

20,760,526

1.4

19,186,206

16,801,341

938,528

Eleventh Federal Reserve District—Dallas-

Texas—Austin

4,779,289

Dallas
Fort Worth

Galveston

+

4,359,000

3,098,000

3,013,000

+ 15.8

1,673,109

1,838,814

5,801,967

+ 39.4

6,367,164

6,746,349

252,629,924

(6 cities)

+ 20.5

2,246,242

8,088,739

.

3,617,000

2,600,986

Falls

Louisiana—Shreveport

192,119,351

+ 31.5

188,997,909

159,620,334

79,755,949

123,286,445

Twelfth Federal Reserve District—San Francisco

Washington—Seattle

114,999,836

Utah—Salt

85,862,288

+ 33.9

3,310,249

3,809,257

—13.1

3,429,428

.

127,268,306

83,990,451

+ 51.5

83,354,773

96,120,296

.

Yakima

54,430,157

44,061,938

+ 23.5

38,539,677

33,116,505
8,775,166

.

Oregon—Portland
Lake

City

California—Long Beach
Pasadena

8.652.151

7,955,770

+

8.8

Francisco

San

Jose

>

—

6,530,391

+

6.3

6,016,306

5,384,540

374,925,000

347,380,681

+

7.9

351,444,453

330,224,000

9,147,217

9,082,260

+

0.7

9,430,595

8,866,177

Santa Barbara

3,818,846

3,148,911

+ 21.3

2,900,806

2,632,553

Stockton

7,555,088

6.875,902

+

9.9

6,055,013

4,630,656

711,049,367

598,697,849

+ 18.8

588,735,396

615,977,935

12,686,483,246

11,179,926,208

+ 13.5

13,400,825,652

13,619,828,416

6.220,136,135

5,327,384,867

+ 16.8

5,310,101,034

5,712;867,131

Total

__

(10 cities)

_

44,011,644
8,135,951,194

7,808,396

2,941,597

6,942,517

__

San

Grand Total (112 cities)

6,037,231,650

4,523,331
6,297,617

1,461,881

Colorado—Colorado Springs
Pueblo
Total

4.1

275,053,498

City

+

+ 25.0

9,600,394

Missouri—Kansas

5,121,935
7,120,380

39,925,338

+ 10.5
+

5,334,301

8,898,113

Wichita

Total

9,107,545

Jamestown

Kansas—Topeka

Wichita

1,377,410

Elmira

Total

3,807,560

954,193

71,067,901

Buffalo

New

+

1,235,303

Reserve District—New York—

Blnghamton

New

•

7.6

Outside

New

York

—..

figV

4G

THE

(2350)

of

statement

condition

weekly reporting mem¬
System in leading
cities shows the following principal changes for" the
week ended Nov. 20: Increases of $225,000,000 in loans,
banks

the

of

Federal

Reserve

$360,000,000 in demand deposits adjusted, and $236,000,1000 in borrowings, and a decrease of $564,000,000 in de¬
mand deposits credited to domestic banks.
Commercial,

industrial, and agricultural loans in¬
in the Philadelphia District, $18,000,000 in New York City, and $53,000,000 at all reporting
creased $24,000 000

member banks.

brokers

Loans to

and dealers for pur¬

chasing or carrying government securities increased
$84,000,000. Loans to brokers and dealers for purchas¬
ing or carrying other securities increased $40,000,000.

Holdings

of Treasury bills decreased $79,000,000 in
-New York City, and increased $27,000,000 in the Chicago
District and $22 000,000 in the Kansas City District; the
net decrease at all reporting member banks was $20,000,000. Holdings of United States Government bonds
decreased $35,000,000 in New York City, $32,000,000 in
the Boston District, $20,000,000 in the Philadelphia Dis¬
trict and $81,000,000 at all reporting member banks, and
increased $17,000,000 in the Richmond District.
Demand

deposits adjusted increased $131,000,000 in
New York City, $107,000,000 in the Chicago District, and
$46,000,000 in the Cleveland District. Time deposits de¬
creased $56,000,000. Demand deposits credited to domes¬
tic banks decreased in all districts, the principal de¬
being $180,000,000 in New York City, $75,000,000

creases

in the

Chicago District, and $57,000,0G0 in the Dallas Dis¬

trict.

and

P.

W.

Paper

in New York

Serial

dollars)

of

Inc. (
Dec

Nov. 26,

+ )

i—)

Since

Nov. 19,

Nov. 27,

1947

American

Investments-•total

1st

lien

brokers

to

dealers

and

225

+

—

Canada

for

1

1835

Steel

1

1885

5%

li2142

S.

1st

lien

ref.

Power

Corp.,

income

Terminal

1st & gen.

453

Jones

&

1st

+

40

21G2
2102

1945

Ja.i

1

Dec
1950

1579

15

Jan

1

1890

—-Feb

1

1890

bonds, due

1967+

Jan

1

1391

bonds, ser. A, B and C, due
Steel Corp.—

1967—Jan

1

1891

26

2210

mtge.

Laughlin

Dec
Dec

Vernon-Woodberry Mills, Inc.—
20-year 4% debentures, due 1966

New
1st

Gas

consolidated
York

1st

Gas

31

1790

Dec

20

1995

Co.—

mortgage 5s, due
Electric

&

mortgage

Purchase

1948

Light, Heat

Any time

Power

&

CO.r-

due 1948+
bonds, due 1949

4%

$2004

Anytime

$2004

Anytime

$20j4

mtge. bonds due 1950—Jan
debs, due 1959.1jan

1
1

1996

Puget Sound Pulp & Timber Co., 6% preferred stock—Jan
Saginaw Shrine Temple, 1st & 2nd mtge. bds., due 1952_Jan

1

1792

1

*

Theatre

2

1260

American Refractories

Properties

Co., 6'/2%

(Hamilton), Ltd.,

1st mortgage 5s__-Jan

United Merchants & Manufacturers, Inc., 5%

pfd.

2
23

2216

issue

Corp.—
Jan

tVol

165.

1

995

flVol.

164

Other

433

1

Brooklyn

Co.,

Development

Athenaeum

University

on

&

Patent

U.

1

55

6'/2

14*
20

3.793

28

o

1.997

32

Glass

Co.,

Corp.,

($300

($50

common

($10

common

pari—

81

$370 lot

pari

pari

Building
Development

1%

Co

83/4

BONDS

$1,500

Bellevue

500

The

Hotel

Boston

Co.,

Banks

Reserve

Jan.
1,

2

800

17

(Continued from page
Name of Company

+

360

+

56

—

1,129

+

+

12

—

1,231
577

2,710

564

9.526
+

1

+

32

437

+

236

+

273

Borrowings
demand

to

42

1,378

banks

interbank

deposit

and

S.

U.

except
accounts,

accounts

Govt,

37'/2c

Products Corp.

(quar.)

10c
10c

Steamship

International

7%

Corp.

preferred

7%

of

Canada,

(quar.)

preferred

($5

Co.

Mills

Investors
Investors

Management
Coal

preferred

Jamestown

Co.

will

6%

preferred
including

and

list of corporate

a

stocks

common

those

called

under

called

bonds, notes,

for

redemption,

sinking fund provisions.

The date indicates the redemption or last date for mak¬

ing tenders, and the
which the details

number gives the location in

page

given in the "Chronicle."

were

1st

pfd.

$6

(quar.)-.

Company and Issue—
American

General

Date

Corp.,

common

stcck

Dec
Dec

Page

31
29

1469

Commonwealth

Apartments. Inc.—
bonds, due 1949

4-4Vi%

Co.

Consol.

mortgage

South Grand

Income

3% -6%

Dec.
Dec

*

15,

2211

22

2106

3.80%

series A,

due

2030_Dec

15

1996

Building Co.—

leasehold

mortgage

bonds.

Dec

16

*

Maine

and

1st

Chicago

Page

Parchment

Power,

5%

(irreg.)

(Walter)

&

Indiana

Western

series M,

due

1972_Jan

(Johni,

5% ' sterling

income debentures...,
Cleveland Graphite Bronze Co., 5% preferred stock
Cooper-Bessemer Corp., $3 prior preference stock
Eastern
?

1st

New

York

Power

mortgage 3'A %'

31

*

2208

9

2102

&

Corp.—
Jan

1

1

5%

debentures,

4 '/a% bds._Jan
due 1961
Dec

15

2105

1st

mtge', bonds, due 1954—Jan

1

1892

*

Ref.

mtge.

1st

mortgage

Union

Oil

United

West

and

collat.

Counties

Co.

Gas

3s.

of

Wallpaper

due

trust
Co.

3Vi 4

of

Inc.,

7',

1971..'
4%




,

,

1970-Dec 29
V

t.

—....—..Dec

debs., due

1967.———Jan

31

*
2215

Little

Co.

2216
2216

Locke
Loew's

1-

2

12-15

1-

3

12-12

12-15

12-

4

3-

1

2-14

1-

2

12-15

12-30

12-19

12-

11-2)

5

2

12-15

75c

12-19

12-

35c

12-15

11-30

35c

12-15

11-30

12-15

11-30

6%

pfd.

(s-a)

.

12-31

12-20

$3.75

12-15

12-10

75c

12-19

12-12

15c
$25c

12-31

12-10

(Ont.)

Co.

2

12-15

1-

2

12-19

$8c

(interim)

1-

5c

—

2-

2

12-

Ltd.

'

(quar.)

prior

pfd.

12-10
12-13

1-

2-

2

1-15

1-15
1-

6

37'/2C
$2

12-22

11-28

12-15

11-29

—

15c

__

12-13

12-12

11-29

12-12

11-29

12-12

12-16

'60c

11-29

12-12

11-29

(quar.)_

17'/2c

12-20

12-

(quar.)_

37'/2c

75c

_

$1

_

Inc., 6%
Navigation

pfd.
RR.

&

75c

quar.)

Ltd.

1

1-

5

12-12

12-15

(quar.)—.

40c

$$1

1-

.12-12

2

;12-15

12-31

12-10

10-31

2

12-12

1-

1

12-20

1-

1

12-20

12-19

$2

1-

2

12-13

15c

1-

5

12-20

1-

2

12-15

1

3:$ 1.25
2c

12-15

12-24

12-15

12-24

12-10

40c

—

'12-24

3c

18c
Trust

<

year-end»._

12-24

12-10

10c

1-

&

2

12-15

25c

12-10

35c

(quar.i

12-22
12-26

12-18

50c

& Co.,

Corp

Johnson

12-13

$1

class

12-18

12-31

12-18

50c

12-23

12-12

50c

(initial).

B

12-26

88c

.

12 23

(year-endl..

12-11

Co.,

1-

50c

2

12-15

12-20
12-

8

15c

(quar.i..

common

(s-a)

Distillers,

1-

2

12-15

25c

1-

2

12-15

1-

2

12-15

2c

Ltd.—

preferred

330c

12-31

12-

2

J30c
Hat

12-31

12-

2

12-

1

11-26

$1.12 V2

12-31

12-22

30c

12-19

lCc

12-20

12-

1

15c

12-15

12-

1

75c

12-22

11-25
12-19

(s-ai

Corp.

25c

(quar.)

Disintegrating Co., Inc.—
preferred

Michigan
Michigan

(quar.i

Building Co. (quar.i
Paving Brick

Steel

Casting

Surety

Co.

(year-er.di

(s-ai

Manufacturing

Co.,

7 Vic

(quar.i
Millcv-Wohl
Co.,

convertible

Mitchell

Gas

Mass.)

Light,

S.i

(J.

Mfg.

preferred

Co.,

Co.

pfd.

7%

Ltd.

A

Life

Insurance

Portland

12-15

12-10

1-

2

12-15

1-

2

12-15

1-

1

12-

1-15

12-15

1-

12-24

8

$1.75

2

Mills—
$3.37 >/2

12-20

12-10

$3.50

12-20

12-10

(s-al

preferred

1

1-

320c

(quar.)__

(s-ai

Corp.,

5

12-

Inc.—

(quar.)

preferred

12-

12-15

20c

(quar.)

Vernon-Woodberry

preferred

12-15

348c

Ltd.

Co.

Consolidated,

preferred

2

12-15

$1.05

common

(quar.)
Locomotive Works,

Telegraph

preferred

$7

iquar.)

$1.75

—

3-

1

2-14

12-20

12-10

(s-al

$3.50

(quar.)

$1.75

9-

1

8-14

$1.75

12-

preferred

preferred (quar.)
Ohio
Mfg
Inc.,

System,

preferred

Mutual

(quar.)
Telephone Co. (Hawaii)

Nathan

11-15

12-22

12-15

12-22

12-15

4c

1-15

12-31

37 Vic

1-15

12-31

15c

common

1

40c

$1.50

Murray

6%

11-26

2

Co.—

Cafeterias

Mutual

1

1-

12-20

5

35c

Midwest

Morrison

7%

12-

1-

25c

preferred

Mfg.

12-17

(Springfie.d,

(accum.i

Utilities,

7"r.

2

12-19

Co.—

(accum.)

Mullins

1-

$1.25
Cement

preferred

$6.75

12-17

25c

(s-a)

preferred

7%

2

375c

(quar.)

(quar.)

Portland

Monolith

1-

$1.75

iquar.i__

1-15

56 '/4C

(quar.i

12-29

20c

common

12-29

2'Ac

iquar.i_;
'

A

Milwaukee

12-12

15c

common

Extra

12-12

11-28

Straus-Duparquet—

convertible

6%

Nation-Wide

preferred

Securities

Aviation

National
National

_

(quar.i

37'/2c

(quar.)

Inc.

Breweries, Ltd. 7%
City Bank (N. Y.)

pfd.

Discount

(initial

1 quar.i

National

Gas

National

Glass

&

2

1-16
11-29

12-

5

Linen

Inc.,

Service

12-10

12-10

4-

1

3-15

4-

1

3-15

$1.12 Vi

_J

4-

1

(initial

3-15

5c

Ltd.

Corp.

quar.i

1-12

12-31

+37'Ac

(quar.)

1-15

12-14

25c

,

1-

50c

Co.

12-10

12-15

15c

(quar.)

Special
Tea

5

1-

$1.25

(quar.)
National Stamping Co.
Supply

12-15

12-19

15c

(quar.)

Car

11-29

12-29

12 Vic

(quar.)

com.

preferred
Steel

11-29

12-10

30c

common

preferred

12-10

$1

&

Co.,

convertible

National

2

$1.25

Stamping (year-endi
Electric Corp. (year-end 1__

preferred

(extra)

2

12-29

37 Vic

1-

12-16
12-16

Transit
Union

Pump

Fire

England

New

England

Electric
Fund—

Certificates

System

beneficial

of

12-22

12- 8

12-22

12-

Insurance

Initial
New

12-16

20c

Machinery Co.._
(Pittsburgh!

&

2

35c

National
National

New

12-

12-10

25c

(quar.)

Enameling

National

12-10

75c

preferred

National

12-15

12-22

343c

—

quar.i

Extra

4V2 'h

12-15

12-24

80c

Corp. com.

National

5%

2

20c

(Md.)

National

6%

1-

12 Vic

Cc.,

Corp.

National

(quar.i

int.

25c

(year-end)

1-

12-15

12-24

15c

_

2

2

12-12

Eng'.and Gas & Electric Association—

4'/2% ,-convertible
New

preferred (quar.)
England Powef Co., 6% pfd. iquar.

New

Hampshire Fire Insurance'(quar.i

New

Jersey

New

York

$1.12 V2

1-

2

12-16

$1.50

1-

2

12-19

50c

1-

2

12-

$1

1-

2

12-12

$1

1-

2

12-12

'

Power & Light
Trust

Co.

4%

pfd.

Cash

dividend

Stcck

40c

Light

&

Co.

Power

Brass
B

4.40%

$5

Old

class

Co.

Co.

12-13

2

12-18

12-27

12-17

preferred

prior

Co.

4'/2%

preferred

Service
non-cum.

Line

Life

pfd.

Insurance

(quar.)

Ontario

12-12

1-

(quar.)
Co.

8

12-15

12-22

12-10

12-22

12-10
12-

5

12-

1

~

$1.25

of

2

12-8

12-15

$1.25,
$1.50

1-

2

t

America20c

:

;

Corp.,, 8%
preferred
& Debenture Co.
Co.

6

(quar.)

preferred

Plantation

12-19

12-12

1-

12-12

1-2

12-

9

$1.50

______

12-20

12-

8

315c

(quar.)

'

1-

(year-end.))

90 c
-

'?■ :W '-if

~£

1

12-

8

1-

$$1.25

Co.

2

$$1.25

(quar.).

Sugar

12-12

$2

(quar.)_____

pfd., (quar.)
Ottawa Light & Power, Ltd. com.

12-19

20c

.1—

Loan

Elevator

Paauhau

12-

12-31

$1.12 Vi

Extra
Omnibus

12-24

$1.10

(quar.)

Holding—
preferred

12-24

75c

(quar.)

12-17

11-28

75c

(year-end)

12-27
12-15

50c

A

com.

Quarterly

5

4

2

1-

25c

Ohio Forge & Machine Corp.
Ohio

12-

1-

45c

(year-end)

(year-end)

Finance

5%

Ltd.

Co.,

Edison

Ohio

12-24

35c

Sugar

C'ass

Ohio

12-26

50c

Extra

Ohio

12-15

1-15

325c

iquar.)

Novadel-Agene Corp.
(quar.)
Nutrine Candy Co.
(quar.)
Oahu

12-30

25c

(initial)

com.

Co.—

(quar.)

dividend

Scotia

Nova

8

20%

Leather

:Northwcstern

1 quar.i

(quar.i

Noblitt-Eparks Industries, new

Otis

1-15

5

1-

25c

preferred <quar.)_
Publishing (year-end)

Steel

8

12-

50c

V2'/,

2

3-

12-22

Coal

.

(increased

2-

5°.

12-15

20c

•_

preferred

$7

12-

5

Fund—

Second

Investors

participating

$7

2

1-

20c

E.x„ra

4

1-

t25c

_

;

(Arthur G.)

3

44/5C

(special)

convertible

McKee

11-29

12-12

87'/2c

J.).

(Marcus)' Theatres,

11-21

12-24

37 Vic

(quar.)—

12-10

15c
25c

(quar.)

(quar.)

Chain

2

12-23

50c

common

preferred

——

Steel

$25c

60c

(quar.)__

(quar.i—

:

12-10

96'Ac

;

Schuylkill

12-15

12-20

60c

(extra)

common

12-22

50c

participating

(s-a)

12-15
12-15

50c

_

:_______

Co.

2
2

50c
—

(quar,)

Corp.,

(Thomas

12-15

1-

1-

12-22

$1.50

common

(extrai

Sons,

4

—

$$1.50

Corp.,

preferred

5

25c

Sons,

Service

Extra-

12-15

1-

Lindsay Light & Chemical, 7% pfd.

Llpton

,

1.

preferred stock
—Dec 15
debentures, due 1961-~-W-Jan ' 1

conv.

Disinfecting Co., '2^ %

7%

2

37'/2c

Co.
(quar,)Telephone Co. (quar.)
Life & Casualty Insurance Co. (Tenn.)
Quarterly
Lima-Hamilton Corp; (initial quar.)

6%

1-

(quar.)

Wi'.kes-Barre

Link-Belt

bonds., due

Calif.—;

California, 3 (7-

&

&

Extra

Pennsylvania Water & Power Co.—
Southern

12-16

12-31

(increased)

Extra

$3.50

12-12

12-15

Investment

Co.

Extra

bonds. due 1961

2

12-15

_

Realty

&

Lincoln

1-

2

(quar.)

preferred

Lefcourt

30

12-12

2

Lexington

Dec

Fullerton-Portsmouth Bridge Co.,. 2nd mtge.

Mading Drug Stores Co.,
Metropolitan Ice Co.. 7%

(John A.)
(James)

*

Dec

12-10

12-12

1-

(year-end)

Ltd.

Machine

*

Jan

12' ■23

12- 19

$$1

1

Chilean Nitrate & Iodine Sales Corp.—

12-10

1-

Corp. of Delaware,
preferred (s-ai

Lehigh

series D, due 1962_Mar

12- •24

75c

Gas

2

RR.—

1

12-15

37'Ac

Co

Loan

Lees

12-

2

42c

Semi-annually

Lang

1

B

class A

Lamaque-

2207

1-

12-15
12-

12- 19

5%

Light Co
Gold Mines, Ltd.

1

12- 15

12>/?c

(stock dividend)

Corp.
Kut-Kwick Tool'.Corp.,

A.Jan

2

$1.25

(quar.i

B-l

3.85%

refunding mortgage 4 Vis,

12-31

(quar.)+.______

Ltd,

Company (quar.)
McBryde Sugar Co., Ltd
McCrory Stores Corp., common

National

Knott

6%

1-

12- 15

95c

pfd.
Corp.—

convertible

Landis

5

15c

(quar.)__

(quar.)—

Kirby Lumber Co.

1349

5

1-

60c

Company
(year-end)
Keystone Custodian Funds Series K-2
Special

31

1-

2

$1.50

$1.50
preferred
(s-ai_.
Kelsey-Hayes Wheel, class

Dec

Power Co.—

general mortgage bonds,

&

end

1st

Date

Y.)

Investors

Year-end

5%

(quar.)

Lamson

Company and Issue—
Algoma Central Terminals. Ltd.—
1st mtge. 5%
deb. stock and bonds due 1959—
Bolivia Ry.. 5% mtge. & collat. trust inc. bds., ser

2

2-

$1

Extra

PARTIAL REDEMPTION

2-

$1.25

(James R.i
(cash dividend)

Laclede

9

$1.50

Lambton

bonds,

12-

Corp.—

Common
Common

Series

12-10

Power & Light Co.—

Electric

Kearney

11-29

35c

(year-end)

(irreg.)

(year-end)

preferred

Kansas

Labatt

1

12-16

35c

Fund
com.

Vegetable

Kansas City

Kidde

Logansport Distilling Co., Inc., common stock
National Union Mortgage Corp.—
20-year collateral trust bonds, ser. A. due 1954
Philadelphia Transportation Co.—

1-

12-19

$1.50

(quar.)

A

preferred

Tea

$1.50

TENDER

OF

12-10

50c

Kerite

NOTICES

12-17
11-29

1-

12-23

75c

+

(quar.)

preferred

Kalamazoo

be found

2

12-10

t83/4C

Fund

Co.

Telephone

5%

Below

2

50c

Creek

Jewel

1-

t$l-75

Extra

Notices

12-

25c

(s-a)

Year-end

(quar.)
(increased)

(quar.)

Management

$6

1-15

$3

Telephone

Island

Payable of Ree

Ltd.—

+_+

par)

Shoe

Hosiery

Holdert

$1.25

(year-end)

Co.

Extra

Redemption Galls and Sinking Fund

12-19

5c

Montreal

When

60c

Co.

Nickel

International

(San Francisco District.)

revised

figures

$1

Co

Iron

Interstate
19

12-24

25c

McBee

Mount

(quar.)

20c

(John)

Interstate

21,762

during week

12-10

1-15

receipts A interim)
Corp.
(year-end)

Co.

Massachusetts

Montreal

common

Extra

Inglis

Interlake

Interlake

Interbank demand deposits:

Central

$o0 lot

14)
Share

Indianapolis Power & Light,
4%
preferred (quar.)

14.458

609

$65 flat

Reg ilar

Per

Industrial Wire Cloth

Foreign

Oil

$4.20

16

47,982

12-10

12-31

25c

c'ass A

Extra 7:

8%

39

135

12-20

(Los

Massachusetts

Monolith

742

2,326

2

Angeles), com. (quar.)_
$1 preferred A (quar.)
Marlin-Rockwell Corp.,
common
(year-end)
Common
(irreg.)
Martin-Parry Corp.
Marven's, Ltd., 5%
preierred (quar.)_
.7

8%

292

1-

Communications, Ltd.

Montana-Dakota

Liabilities-

;

1960

1945

226

41

banks

domestic

with

Balances

♦Nov.

6s,

July

4s,

12-31

12-31

deposit

Monarch

Income

Deb.

o

4,219

Federal

Cash in vaults

Debits

2nd

City Club

733

12,458

Other securities

(N.

Cog

Marine

Basket

4V2 'it

200

339

indebtedness

Trust

Midland

Market

Class

38

Massachusetts

Brooklyn

12-31

HV2C

Milling.

American

Marine

40'A

2,961

30 913

with

Leaf

Miller

275

par)

83

1,021

notes
bonds

S.

Maple

Marconi Inter.

Metropolitan

par)

Process

463

989

3,367

Treasury

Reserve

Manufacturers

Metropolitan

50

($50

12-31

1-15

75c

(quar,)
Corp. (year-end)

275

Stamped

12-15

1-15

31'/4C

(quar.)

$100 lot

par)

Co.

($300

Athenaeum

Boston

$ per share
($100

common

par)

Window

1-20
1-15

II2V2C

Manhattan Financial Corp.,
Class B

Wednes¬

par)

($50

Associates

Plate

Standard

8

Co.

Athenaeum

Boston

Boston

75

($300

12-15

37 '/2C

com.__

Co.

Car

4%

STOCKS

Rivet

16

bills
of

Magor

Metals

Standard

523

13*

235

certificates

B

Merrimac

Wa'.worth-English-Flett

1

loans

Other

Class

Me'.chc.s

by R. L. Day & Co., Boston,

Boston

60

28

3,380

(Ky.i,

(quar.)

Magnavox

6%

3:853

6

487

loans

Loans to banks

Treasury
Treasury

A

Modine

securities

Real estate

Class

McLouth

Auction Sales

120

1-17

1-20

$1.25

Co.

par)—.

Extra

3,033

4-

Electric
($100

Publications, Inc.— '
$1.50 participating preferred (irreg.)
MacMillan (H. R.) Export Co., Ltd.—

Mead

Shares

2

25c

&

Extra

this

12-17

37'/aC

(quar.)
Gas

McGraw-Hill

Other loans for

purchasing or carrying:
U. S. Government obligations

B

12-17

1- -2
2-

1-

—

preferred ($25 par)
Ludwig Baumann & Co. (see Bauman Ludwigi

*

Dec

Co., c^ass A stock
Welsbach Engineering & Management
Collateral trust 5s, due 1953
in

1687

stock-Jan

Warren Brothers

1,270

—

(Dei.)

(quar.)

preferred

Mascot

,

5 %' bonds,

money

Niagara Falls Hotel Corp., 4'/2%
North

Electric

2

$2

(quar.)

+

Amsterdam

New

&

,

mortgage 3Vis, series C, due 1961—
Lines, Inc^, $2.50 preferred stock

Mount

■f

84

472

*

13
31

Jan

mtge.

Moore-McCormack

3,745

obligations

2

bds._D:c

debentures-Dec

1st

conv.

Co.—

mtge. 50-year 5%

Ref. & ext.

1

pur-

securities

5Vi%

Corp.,

4V2 %

Holder $

Payable of Rec

$2

Macfaddon

mtge. 5% bonds, series A, due
ref. mtge. 5% bonds, due 1963

&

Jacksonville

1

Government

Other

1957

Rea.ty Corp., 4% debentures, dated
(Joseph) Co., 6'% preferred stock
Indiana Service Corp.—

chasing or carrying:
U.

1960

due

'When

Share

.

5%

bonds,

Forman

&

Gas

A

Class

5%

due

Home

1st

preferred

Louisville

Jan

Minnesota

Foiiansbee

7 "

(quar.)

common

$2

2nd

Jan

1961

Power

Northern

Eastern

8%

Louisville

Consolidated Edison Co. of New York, Inc.—
3 Vi %
debentures, due 1958—

5

4-

of

ser,

Class

mtge.
bonds,

mtge. 5%
Butte Electric &

+

53*

1989

7.■.

Company

Taylor,

Co., 1st mtge. 5s, due 1951...Any time*
Power Corp., Ltd.,
7% pfd. slock.—Jan 15

ref.

&

1st

agricultural

loans

Loans

+

14.267

and

Industrial,

118

23,099

Loans—total
Commercial

+

65.042

31

&

2206

due

7

and

1936—Dec

Lord

1

mortgage bonds,
Atlantic Cisy Gas Co.—

Aisets—
Loans

1350

Jan

General

1946

1947

1

day, Dec. 3:

or

Name of

Page

Jan

_„

Extra

A

Transacted

millions

Monday, December 8, 1947
Per

Date

~

•

notes

conv.

City

member banks follows:
(in

6%

& Light Corp.—
stock, optional dividend
Writing Paper Corp.—

class

of the assets and liabilities of reporting

summary

CHRONICLE

American Cities Power

$21,000,000 in the San Francisco District.

A

!.'■'<

Inc.,

Co.,

•Announcement

Borrowing increased $154,000,000

FINANCIAL

Company and Issue—
A.

The

&

ENTIRE ISSUE CALLED

Condition Statement of Member Banks
ber

COMMERCIAL

1

12-

8

12-12
12- 1
i >-■ r ir-s- -[ - ■"

Volume

166

THE

Number 4653

Per

Name of

Company

Pacific

Lumber

Pacific

Petroleum

Co.

Pacific

Portland

Pacific

Public

Pacific

Share

Ltd.

6

Co.

12-15

1-15

12-31

40c

$1

1

1-15

$4

12-20

12-10

Tonopah

Telephone $2.10 pfd.

53c

12-30

12-15

Toronto

Traders

Power

1-

2

12-15

1-

2

12-15

12-24

12-15

12-24

12-15

37'/2C
$1

Perron Gold Mines, Ltd. (interim)
Petroleum Corp. of America
(year-endi

Philadelphia Dairy
Common
$4.50

pfd.

1st

9

12-12

12-12

Union

Bond

12-12

Union

Bond

Fund

Bond

Fund

2

12-15

Union

Preferred

12-12

Union

Common

12-15

12-

$1.75

$2

Co.

Co.,

Ltd.

Laundry

(quar.)

12-15

12-15

11-24

12-15

11-24

12-31

12-11

1-

2

12-16

35c

Mines, Ltd. (interim)
Washington Insurance

Providence

12-15

12-

5

12-15

12-

5

13c

1-

9

12-17

25c

Common

non-voting

Extra

Original

preferred

Sound

Pulp

(quar.t

&

12-23

12-

5

preferred

iquar.)

Raymond Concrete
Drug

Class

Co.

A

Pile

com.

5

Wagner

Baking

9

T/o

12-23

12-

9

Wagner

12-23

12-

9

12-23

12-

9

1-

2

Textiles, Ltd.

Motors

class

A

Co.

12-29

12-11

12-29

12-11

Ward

12-15

1-10
1-

2

12-15

Wayne

1-

2

12-

8

Wayne

1-

2

12-

8

Weber

5

1-

2

Washburn

1-15

12-31

12-31

12-13

12-22

12-13

Class

B

i

Rhinelander
Rhodesian

Paper

12-15

77c
West

5

12-22

1-

1

12-

8

shares

2

12-15

12-26

12-10

30c

iextra)

$1
50c

1-

12-26
1-

2

12-10
12-20

12-30
1-

2

12-26

11-25
12-15
12-

8

10c

Metal

Robertson

(P.

Common

$2.50

Co.

L.)

Mlg.

Robinson

Co.,

4Vi%

t50c

(F.

Co.

12-20

2-

2

1-

1

20c

1-

2

12-15

1-

2

12-15

12 >/2c

12-

1

11-15

31c

(increased)

12-12

12-26

12-

8

J $ 1.75

com.

12-20

115c

iquar.i

C.)

Preferred

12-20

1

Sl-12 '/2

pfd. series A iquar.)
Royal Crown Bottling iquar.)
Russell Berg Fund, Inc.
(year-end)
Russell Industries, Ltd., common iquar.)
Russell

1

1-

110c

Mills, Ltd. iquar.)
Telephone Corp. com. (quar.)

1-

162 '4 c

1st

preferred

5

12-12

Ltd.—

(quar.)

Cotton

Rochester

5

12-

12-19

12-26

12-

8

35c

1-

2

12-20

$1.25

iquar.)

1-

2

12-20

preferred

(quar.)

1$1.06

St. Joseph

Light & Power, 5'r
Electric Co. (quar.)

Sangamo

pfd.

(quar.)_

$1.25
40c

Extra

30c

Sarnia

Bridge

Co.,

Ltd.

iquar.)

Co.

$3.65

preferred

preferred

Selected

com.

12-29

12-13

Leather

(initial

com.

Western

from

capital gains

1

1-

2

3-

1

2-18

3-

1

2-18

12-12
2-11
12-

9

46c

Ltd.

class

Dairies,

A

12-23

12-12

12-10

12-10

115c

1-

2

12-18

12-

8

Ltd.—
1S1.25

^

55c
25c
com.

(quar.)

125c
-

(quar.)

150c
25c

1-

2

12-20
2-

3

1-30
1-20
12-18

12-

Southern

Penn

Canada

1-

Power

Co.,

Ltd.

Co.

12-31

12-

6

12-18

12-

6

12-29

12-15*

iquar.)

(quar.)

130c

2-16

$3.25

__

12-15

12-

5

12-23

12-

5

12-23

12-

5

1-20

20c

Fruit

&

Steamship,

common

<L.

S.)

Co.

Stern

Textiles,

Special
4xhVc
preferred
Press,

Ltd.

Suburban

Co.

Assurance

Co.

of

Co.

12-20

12-29

12-16

12-31

12-10

1-

2

12-16

1-

2

12-24

1-

2

12-15

1-

2

4-

56c

com.

(quar.)




1-

1

12-10

1-

2

12-15

12-30

12-18

$1.12

1-

2

1$4.25

1-

2

15c

.

America

12-10

15c

Canada

Extra

1

62'/a c

common

of

1-

50c

(quar.)
Co.

3-15

12-31

75c

(year-end)

pfd.

12-15

1

1-15

112'/2c

(quar.i

Propane Gas 5%

McKee

2

12 '/2c

(quar.i

(initial)

preferred

Corp.,
preferred A

Life

1-

25c

Chemical

$4.50

12-20

12'/2c

(quar.)

pfd.

Stromberg-Carlson
convertible

12-20

2

87'/2C

iquar.)

common

12-20

2

75c

(quar.)

Sterling Breweries
Sterling Drug, 3V2% preferred
Sterling Inc.
Iquar.)

2

11-

25c

(quar.)

1-

75c

$1.25

preferred

Participating

&

12-16

$1

participating

Starrett

12-16

12-31

25c

'

Extra

12-31

50c

Extra

Standard

1-20

1-10

12-15

12-

2

12-15

12-

12-23

12-15

2

12-15

1-

12-20

12-

5

1936.

Cable,

Power

i'6

in

of a

Cyanamid
Special

3 Va 75

preferred

American

50c

12-31

12-15

12-27

12-12

2

12-12

1-

2

12-

1

American &

67f

American

(quar.i

_

4'/275

American

Fruit

_

12-20

American

Gas

2

12-15

2

12-15

12-20

12-10

12-20

12-10

12-31

12-10

American

Western

Stores

Grocers, Ltd.,

$1.40

12-20

12-

5

American

Hide

12-20

12-

5

class A

class

Westmoreland,

12-19

$1.50

12-24

12-12

2

12-20

1-15

12-15

1-15

12-15

1-20

1

12-20
12-10

12-29

12-13

25c

(quar.)

25c

Coal

2

1-

50c

Extra

Westmoreland

2-

12-15

3c

(quar.i

Brake

Inc.

675

Co

$1

Extra

1-

2

12-15
12-15

5

Corp.

12-

5

1-

2

American

5 75

American

Cement

Mfg.
Motors,

Willys-Overland
$4 50

convertible

Wisconsin

4Vs 'it

pfd.

(resumed)

Laundry

preferred

3.9075

iquar.)

American

Maize

4V27<?

Woodley

Iron

Co.

preferred

W.), Ltd.—
deposit receipts
(year-end)

ence

2

12-

3

American

Towne

Mfg.

Co.

12-23

American

Potash

12-27

12-12

Class

12-27

12-16

12-27

12-16

Year-end

12-

8

11-

25c

1-

2

12-12

12-23

12-12

$1

Corp.

iqliar.)

York

Corrugating
Special

20c

Co

30c
70c

1-

3

2

12-15

12-20

12-10

5

12-10

1-

Below we give the dividends announced in previous
weeks and not yet paid. The
dends announced this week,

list does not include divi¬
these being

Amprican

$5

(initial)--

com.

(increased)

A

Power

I

12-15

12-18

Abitibi

Power

&

5%
Acme

A

preferential partic.
preferred (quar.)

Steel

Corp.,

Co.

&

pfd.

Standard

&

Bearing

(stock

Great

(N.

Southern

Y.)

RR

(quar.)

(irreg.)
preferred (irreg.)
Alabama Power Co. $4.20 pfd.
(quar.)
Packers

4V4V0

Inc.

Association

(quar.)

Allied

Chemical

5

Allied

Allied

Products

6

12-19

1-

6

12-19

11-21

American

Special

&

Sumatra

common

Telephone

American

Tobacco

Co.

Products

Thermos

American

preferred

4'/2 75

Bottle

12-15

12-

1

American

Vitrified

12-15

12-

1

American

11-29

12-31

12-27

12-

6

1-

1

12-10

is-a)

pfd.

Inc.,

pfd.

(increased

quar.)

(quar.)

prior preferred

iquar.)

iquar.)____

775

(initial)

Zinc Lead & Smelting,

convertible

prior

preferred

Anaconda

Wire

(quar.)

Inc. (quar.)
Copper Mining Co.

Anaconda

common—

Ampco Metal,

Anchor

Post

&

Cable

Products

(year-end)—
(year-end)

(quar.)

—

12-22

12-

25c

12-12

11-28

preferred (quar.)
Andes Copper Mining (year-end)

$1.50

(quar.)

iquar.)

common

80c

12-20

12-

5

Anglo-Iranian Oil Co.,

12-11

12-

1

1

675

12-31

1-15

12-11*
1-

2

12-23

12-12

12-23

12-12

12-31

12-19*

12-31

12-15

11-20

50c

12-15

12-

1

12-15

12-

1

1-

12-19*

2

12-15

12-26

12-15

12-15

12-

5

12-15

12-

5

37 '/2c

12-15

12-

I

12-15

12-

1

12-15

12-

1

$1.50

1- 2

12- 8

1- 2

12- 8

12-20

12-10

12-31

12-

12-31
12-17

12- 5
12- 4

12-15

5

11-14

2-15

12-29

1-15
12-10

12-15
11-20

12-23

12- 5

1-2

1- 2
12-31

12- 4

1-2

12-15

12-15

11-28

1- 2

12- 5

1- 2

12-

1- 2

12- 5*

12-12

$1.25
$2.25

1-2
1-15

12'/2c
$1.50
$1
$1.50
52

convertible

American

12-22

__

Extra

preferred (quar.)
American Writing Paper

1

11-28

1-15

53'/8C
pfd.

675

12-15

12-

12-10

12-

12-13

5

12-

1

12-15
12-lfr

Co.—

575

Woolen Co.,

12-15

12-10

iquar.)

(quar.)

$1

Dye

Corp.

Telegraph

&

1

$8

1- 2

20c

50c

Co

12-

12-12

11-28*

Tobacco—

(initial)

Surety

12-15

2

12-11*

Co.—

Thread Co.

1-

11-28*

2

1-

$1.75

Refining

American

$1.05

12-10
12-10

35c

iquar.)

11-28

$5

50c

50c

(quar.)

11-21

4

5

35c

Co.

12-18

4

12-

12-15

—

Foundries

1-10

12-

1

50c

12-12

12-

1-

$1.50
90c

com

12-15

12-24

11-10

12-15

30c

Co.

50c

$1.06'4

Mills, Inc.__^

1-

12-12

12-24

12-12

12-15

12- 5

Sugar

American

$4

12-15*

2

12- 5

preferred

New

2

1-

12-23

Snuff

American

37'/a c

(quar.)

com.

preferred

(year-end)

Allegheny-Ludlum Steel Corp. (year-end)
Allen Industries, Inc., new com.
(initial)

12-16*

75c

7%

11-26*

1-

12-22

Steel

11-20

$3

11-28

12-12

2075

Stores

11-20

$3

12-10

12-13

$1.50

Year-end

11-20

—

stock

2

$1.75

American

12-15

2

12-10

1-

2075

Quarterly

12-15

1-

2

$1.12'/2
$1

preferred iquar.)
Stamping (year-end)
American States Insurance
(Indianapolis)

12-15

75c

12- 4

1-

dividend

$1.25

partic.

12-

25c

1st

15c

(quar.)

11-12

1-2-48

1

preferred

Stock

50c

Engineering

12-31
12-22
11-12

50c

dividend)

25c

.

&

Ordinary

com

1-15
1- 5
12-15

25c

preferred (quar.)
American Seating Co. (year-end)
American Smelting & Refining
Common (year-end cash dividend)

20c

(quar.)

12-

$1.12'/a
25c
25c

Santiary—

-

25c

Corp.

(quar.)

Standard

Alden's,

12-10

12-15

20c

1 accum.)—

Ltd.—
(quar.)

preferred

Radiator

Common

7'/aC

(year-end)

Roller

preferred

Alabama

1-2-48

12-15

20c

$6

Special
Republic Corp. (year-end)
American Rolling Mill Co. com

American

125C

25c

Corporation

Ball

Alaska

1

11-25
11-25

12-15

$1.25

class A

American

$1

5%
preferred
(quar.)
Agricultural Insurance Co.

6%

1

12-

$$1.25
(quar.)

common

(quar.)

Special
57»

12-

2

Ltd.—

(quar.)

Extra

Admiral

Aetna

2

1-

12-1S

$1.50

10c

Corp.,

(accum.)

Common

2'/aC

Electric

Addressograph-Multigraph
Aetna

1-

12- 2
12- 8

$1.25

Light

President Lines,

American

137'/2
162VaC

Extra
Acme

Holder*

Paper Co., Ltd.—

$1.50 preferred
(quar.)
$2.50 prior preferred (quar.)
Acadia-Atlantic Sugar Refineries,
Class

When

Payable of Rec.

1- 2
12-15

1-2-48

$1

Chemical

(quar.)

&

non-cum.

American

given in the

12- 1
12- 8

$1.75

(irreg.)

Corp.

&

675

Per

$1.55

50c

American

Share

12-15
12-24

37'/2c

preferred

775

of Company

1

$1.25

25c

iquar.)

B

preferred

American

Name

12-

$3

Co.

preferred iquar.)

575
57c

(increased)

1

2

1-

$1.75

Finance

Phenolic

2

prefer¬

1

12-

Paper Goods Co.—

12-

12-10

American

67<>

2

12-

60c

50c

for

12-

1- 2
1- 2

25c

com

Special
7',5

12- 2

12-15
12-15

25c

$1

Optical Co.

12-15

(F.

Co.

)

(s-a)

10c

quar.)

American

Yolande

$6

American

(quar.)

12-31

$lj75

Co

25c

Extra

Woolworth

&

12-

$4

(initial

6834c

97'/2c

Foundry Co., common.

Manufacturing

12-15

Go.—

common

12-15

35c

Extra

$1

Petroleum

Woodward

12-31

50c

American

National

1-

12- 1

5

25c

American

56'Ac

iquar.i—

Co.

com

Products

$1.12'/2

(quar.)

Grocery, common
preferred A (quar.i

1

12-15

31'4c

Co.

preferred (quar.

12-10

Michigan Power—

preferred
Lovett

&

12-

75c

(s-a)

Year-end

12-15

12-19

1

12-15

12- 5

S3

(quar.)

Meter

2

12-

Illinois—

of

Co.

&

American

1-

12-

12-15

60c

iquar.)

Machine

12-10

$1.12'/2

12-15

75c
10c

(quar.)
(monthly)

Machinery

preferred

American

series., A

12-15

50c

1-14

Inc.—

35c
$1.25

Co.—

(year-end)

Locomotive

American

775

12-10

2

12-15

(quai.)

(quar.)

12-15

8

12- 4*

1-

Atlan¬

Extra

7'b

1

$1.183/4
25c

of

Steamship

Investment

preferred

$1

Extra

Whitehall

12-15

12-

75c

share

prior preferred

15c

(quar.)

12-17*

30c

preferred (irreg.)
Corp. of Delaware—

50c

Cable

Corp.

com.

$1

Whitaker

1- 2

Insulator

Convertible

12-15
12-

12-15

50c
75c

Co., common

Products

Co.

non-cum.

American

American

$1.50

Oil

1-

12-19

$1.50

(quar.)

convertible preferred

6%

Ice

12-10

1

$1.75

Leather

&

Home

12-15

12-19

1-

25c

American

1-15

1

87'/2C

(2/lOOths

Hardware

American

25c

Air

American

1-19

t50c

(quar.)

Greenland

dividend

1-19

Co.—

A

preferred

__

City Electric Co., common)
4%75
preferred (quar.)

2-16

12-24

12-19

1-

tic

2-16

+35c

Securities

Westgate

Stock

$1.50

40c

(quar.)

Insurance

$2.50

iquaf.)__

iquar.)

preferred

iquar.)

common

Inc. (quar.)
(cash dividend) (quar.)

Hawaiian

12-30

12-19

1

50c

& EI.

1-

1-

52'/2c

12-19

1

30c

Growers,

15c

$ 1.12 V2

(year-end)

1

1-

the

stock-

preferred (quar.)

12-16

$1.75

(quar.)__

(quar.)
Utilities, $6 preferred

Co.,

Fork & Hoe

$1.75

common

at

B

(accum.)

17'/2c

(quar.)

Co.,

class

Extra

quar.)

preferred

stock

or

of

(quar.)

Foreign Power, $6 pfd. (accum.)

preferred

J$1.75

(increased

cash

Export Lines, Inc
Felt Co., common
preferred (quar.)

10c

(quar.)

11-

of

series)

(quar.)

31'Ac

(quar.)

com.

12- 8*

Corp.—

American

2

8*

12-10

$1.50

Light

American

1-

12-

1- 2

$1.25

common

Telegraph (N. J.) (quar.)
American European Securities (year-end

12-10

12-15

12-26

12-31

50c

District

12-31

50c

Co.,

&

Co.

American

$7

11-19
12- 9
12- 8*

25c

12-20

1-

1- 2

$1.75

Extra

675

12-15*

—

(quar.)_

common

share

Colortype

2

50c

iquar.)

A

Pa.)

(Optional dividend

Payable
of

rate

American

1-20

1-

12-10
12-22

15c

&

Cities

class A

12-20

50c
Fixture

Corp.

(Reading,

Cigarette & Cigar,
preferred (quar.)

$1.50

$1.37'/a

(quar.)

Department

Western

New

Co.

iquar.)
Co. (quar.)

Chicle

American

2

12-24

75c

9

12- 1
12-15

1

$4.50

American

8

1-

50c

American

90c

(quar.)

Power

Texas

6'<■

Chain

preferred

6 75

12-

$1.75

preferred iquar.)
Co.—
preferred (quar.)_:

non-cum.

American

12-17

25c

v

(year-end)

preferred

12-31

17'/2c

iquar.)

(year-end)

Extra

D

12-

12-20

62'/2c

5

17 '/2c

Carbon

2

8

$1

Pipe Line

Southern. Spring Bed Co.

Square

1-

12-27
12-31

12-10

25c

West

12-16

35c

_

(quar.)

Electric,

Penn

West

Yale

11-22

2

preceding table.

O.)

Corp.

12-29

$1

Extra

Sweets

3-

2

(year-end)

(quar.)

Co.

preferred

4'/2 "•

12-10

1-

35c

Corp.
Smith (Hpward) Paper Mills Ltd.
4% preferred (quar.)

Sunset

12-15

2

1-

12-15

11-22

2

$2.25

4'/275

5%
preferred (quar.)
Simplex Paper Corp.

Snap-On-Tools

1

12-10

12-

75c

Ltd.

common

&

preferred

West

1

12-

25c

quar.)

(year-end)
Co. (quar.)

Dairies,

(A.

12-

12-15

8334c

iquar.)

Co.

Optical

12-15

12-15

$0.2917

pfd.

new

Silverwood

Sun

12-13

2

1-

Shares—

Silverwood

Sun

12-15

50c

(initial)

American

Shuron

4'/»

2

91'4 c

3.35to

23c from income & 23c

Stovel

1-

12-29

25c

iquar.)

Electric

Security Bank Note

Stern

12-10

115c

(quar.)

Manufacturing

Scranton

$3-

2

15c

Lock

Extra

Speer

1-

115c

Extra

Schlage

Penn

Winn

Saguenay Power Co., Ltd.—
4 V*

Gas

Westinghouse

(quar.)

preferred

12-

12-20

60c

(s-a)

12-20

10c

Extra

Riverside

12-10

1-

12-15

Foundry

2'/2c

Western

(year-end)

12-20

12-15

25c

775

&

Casualty
Quarterly
575

11-24

75c

(year-end)

Co.

35c

Ohio

$7

50c

Oil Corp. (extra)
Raisin Paper

12-20

25c

Co

preferred

7'c

Ltd.—

Richfield

1-10

2

1-

12-10

30c

(year-end)

(s-a)

American

Kootenay Power & Light, Ltd.—

West

12-12

40c

iquar. i

Trust

Dry Goods

12-12

1-15

12 '/2 C

iyear-end)

Car

2

1-20

100 75

11-26

25c

Can

American

1-

$1.75

Extra

12-23

40c

Co.

Selection

American

Rice-Stix

iquar.i
com.

year-end I

Pump

Showcase

Line

preferred

American

55c

(quar.)

Co.

preferred

West

41/275

7 75

11-24

25c

1-15

1-10

12-10

5

25c

12-12

i"56c

Co.,
A

common

—

1

12-20

l-i4

100'A

40c

_

Bemberg Corp., common

Extra

2

1-20

1-31

40c

1-

1-10

11-26

12-15

$1
(Del.)

Co.

(quar.)

Barge

2-

87'/2c

common

Extra

50c

Bros., Inc.
Reynolds Tobacco Co.

1

12-15

75c

70c

(extra)

Clas B

$2.75

(quar.)

Mills

Webster-Chicago

12-13

1-

Wire

Knitting

5'«

12-31

12-22

Co.,
preferred

12-

62 '/2c

(quar.)

Extra

Reymer &

12-

5c

(year-end)

Baking

5'/2 %

115c

iquar.)

12-15

$3

common

class

Note,

preferred

$1

Co.,

50c

Renfrew

12-10

25c

preferred (quar.)
Station, Inc. (quar.)

Corp.

(quar.)

Extra

To

Agricultural
&

Walworth

40c

Extra

12-10

12-20

933/4C

Extra

Waialua
Walker

25c

(quar.i

12-10

12-20

25c

quar.)_

iquar.)

Electric

12-19

7 '/2C

Co

Corp.

American

12-20

675

$1.25
$2.50

pfd.

iquar.)—

(quar.)

Co.,

Corp.

American Book Co.

(quar.)

preferred

8:4c

Bit

Stores

American

10c

12-

50c

(quar.)

12-10

87'/2c

(quar.)

(increased

Works,

Goodwill

12-

9334c

(extra)

iquar.)

Roller

Reliable

South

The

37'/2c

iquar.)

33/«',v

com.

12-10

Corp.—

Year-end

15c

ireduced)

Purina

12-20.

Bank

12-10

30c
75c

Extra

(quar.)

Detinning Co.,

10c

Year-end
Ralston

Smith

Vulcan

10c

Inc.

Radio-Keith-Orpheum

Seton

preferred

preferred

Petroleum

11-20

1

1-

i$2

(irreg.)

com

Holding Corp. <s-a)
Agricultural Chemical

12-20

15c

Canal

&

(extra)

American

American

held—.

one

(quar.)

Ltd.

convertible

12-24

15c

preferred

50c

Products,

RR.

A

Chemical

3'/a'<

12-23

50c

iquar. i_

Extra

Purolator

New

4'/a%
Victor

G'/o

dividend

2

1-

29c

preferred
(quar.)
Vapor Car Heating Co. (year-end)
Venezuela
Syndicate, Inc
Verney Mills of Canada, Ltd.—

12-23

$1.75

Timber

2

Cash

dividend)

Year-end

Co

50c

iquar.)

Amerex

1-

50c

preferred
Stove

$2

voting

Amerada

12-15

1-15

9c

common

50c

com.

12-15

1-

$1

Manufacturers, 5%

Jersey

$2

Corp.,

Extra

Scovill

New

40c

Publication

1-

convertible

WJR

Co.—

Quarterly
Special

12-15

Extra

$1

(stock

1-

Utility Appliance Corp.—

12-31

Inc.

additional share* for each

25c

12-12

12-19

56 '/4c

<quar.)_

12-15

Industries,

Amalgamated Leather Cos.,

Fund

Stores

12-12

$1

Co

Aluminum

—

18c

preferred

12-19

31 '/4c

iquar.)

12-20

2

(irreg.)

Aluminium

Corp

Plywood,

3%7»

1-24

Mfg. Co.

12-10

40c

common
^

Extra

Goods

11-15
12-

Co.—

Extra

$1.25

United

65c

Proprietary

7r/o

12-31

i35c

pfd.

Gas

S.

12-31

1-20

U.

America,
(quar.)

12-15

(quar.)

convertible

United

of

12-15

Fund

75c

Extra

River

1-20

190c

Progress

Reo

12-15

6c
:

5'in

5

2

75c

Transit

12-

1-

60c

(quar.)

Pocahontas

River

Reed

12-15

Aluminum

11-30

Circuit—

Theatre

Cigar-Whelan

United

Co.

12-10

5Uc
9334C

Ry.

12-22

25c

Electric

12-15

Y.)

$1.25

(year-end)

Valley

preferred

16c

Stock

United Merchants &

Special

Reed

12-10

$3.75

One

11-15

50c

Logan

Aluminum

11-30

1-

12-18
12- 2*

12-20

25c

&

1-

"A"—

Stock

preferred

$3.50

12-10

6

15c

Pratt & Lambert, Inc. (year-end)
Pressed Steel Car, 4I/2'o preferred

Puget

2

1-

Corp.—

Extra
Powell

1-

$1.75

1

Funds, Inc.—
Fund

Artists

United

(quar.)

Pittsburgh
Liqiudating
Plough, Inc. (quar.)
Plymouth Cordage Co., common
Employees stock (quar.)

United

5

12-

12-12

Port,land Cement

12-23

$1

-

Semi-annual

1-

"C"

1-

12-22

Trusteed

5 "/o

2

Altoona

1-

"B"

30c

(quar.)

(quar.)
Terminal Realization

Portland

(N.

Union

preferred

Creek

Co.

1

Pittsburgh Ft. Wayne & Chicago Ry. Co.—

Pond

Trust

1

12-12

1-

2

Aipna

8
4

12-12

25c

1-

2

1-

8"

1212-

t$1.12'/2

iquar.)

1-

1-

12-15

12-

Holder•

40c

(quar.)

common

47

Payable of Ree.

75c 1-20-48

(year-end)

125c

preferred
Corp.

12-12

30c

Co.

2

Mfg.,

Co.

150c

1

30c

2-

(Louis)

J 15c

1-

62'/2C

Allis

(quar.)

common

125c

Extra

4'/2 %

Union

Allis-Chalmers

12-12

Corp.,

Share

t50c

B

Udylite

Co.—

Extra

Common

(quar.)

$1

(quar.)
Co.
(quar.)

Suspender

A

Class

-

12-12

2

12-15

115c

Finance, Ltd. class A

$1.12'/a

(quar.)

Governor

12-

2

1-

Stores

12-15

3c

Extra

575

2nd

preferred

12-24

1-

Allied

3c

Corp.

Mining Co.
(Nevada)
Iron,
Ltd.
(quar.)

Underwriters

dividend)

pfd. (quar.)
Suburban Transportation

Philadelphia

1-10

40c

Products—■

(stock

$4 non-cum.

i lc

25c

Royalty

Class

$1
$1.25

com.

Extra

Co.—

12-12

12-15

J5c

__

Company

2

12-29

When

Per

Name of

l-

lc

12-10

Water &

(interim)

Ltd.

(2351)

When
Holder*
Payable of Rec

$1.25

(year-end)
Mines

preferred

Toklan

12-15

12-20

Extra

7%

'/o

CHRONICLE

20c

10c

12-26

(quar.)

J50c

50c

Inc.

50c

$5 preferred (quar.)
Perfection Stove Co. (quar.)

:!:45c

Textiles,

Bank Shares & Securities Corp.
Industries $6 pfd.
(accum.)

(quar.)__

|25c

Tennessee Alabama & Georgia Ry. (year-end)

2

4

__

Share

(quar.)___

com.

Tappan Stove Co.
Teck-Hughes Gold

11-20
1-

Ltd.

4%
preference (quar.)
Tampax, Inc. (extra)

50c

Common

Pioneer

12-

(G.)

Extra

.12-19

12-31

of Company

Tamblyn

12-10

12-29

65c

Year-end

Pennsylvania
Pennsylvania
Pennsylvania
Pennsylvania

5'!o

12-20

$1.50

(quar.)

Package Machinery Co
Paraffine Cos., Inc., 4pfd.
(quar.i
Patino Mines &
Enterprises Consolidated—

Pierce

12-20

$6

(accum.)

Telephone & Telegraph, common
preferred (quar.)

6f/o

1-12

20c

pfd.

FINANCIAL
Per

Name

11-26

12-

&

Holder*

1

$3

is-a)

Cement

Service

When

Payable of Reo.

J 5c

(year-end)

COMMERCIAL

prior

Ltd.

(interim)

40c

1-

2

12-16

Angostura-Wupperman Corp. (irreg.)
Anheuser-Busch, Inc.
(irreg.)

60c

1-

2

12-16

Apex Smelting Co.

(quar.)

1-2-48

12-l£fc

1- 2
1

11-29*

1- 2
12-22
12-15

12-10
12-15
12- 1*

12-15

12-

1*

$1
12-15
$1.75
1-15
25c
12-20
10c
2- 2
$1.25
2- 2
10c
12-20
$1
12-23
$6
*3-22
12v2c
12-22
$1.50 1-31-48

12- 1*
12-30*
12- 5
12-11
1- 8
12- 6
12- 5

50c
5V
10c
30c
37/ac

J2-19

12- 5

12- 8

11- 7

12-12
12- 5

12- 3
11-15
12- 1

12-15

J3-12
12- 1

1-21

48

(2352)

THE

Per

-

Name of Company

Applied

Arts

Share

Corp

Archer-Daniels-Midland
Special
Argus, Inc., common
Co.

12-

12-23

12-19
12-19

British

$1

1- 2

2-2-48
12-15

$1.25
(quar.)

1-

2

12-

1

12-15

$6 convertible prior preferred
Cork Co., common

(quar.)

preferred

1-2
12-

11-10

12- 5

Oil

Common

&

(increased

(quar.)

(quar.)

12-15

12-

1

Common

12-16

$5

1-

2

12-16
5

quar.)

25c

(quar.)

12-15

12-

1

.

Telephone & Telegraph—
$6 1st preferred (accum.)
7% 1st preferred (accum.)

Associates
B

Co.

1

30c

12-10

12-

1

Building

12-10

12-

1

Bullard

(s-a)

5%

pfd.

non-cum.

Atlanta & West

Greyhound

Atlantic

Gulf

Lines,
$5
Atlas

(s-a)

Atlas

Steels,

Auto

1

1

1-30

2-

2

12-30

12-12

12-

12-12

11-14

5

12-12

11-14

$1

12-27

Class

A

1

Calaveras

Land

12-

1

California

Cotton Mills

11-21

California

Electric

12-20

11-28

California

Ink

Pacific

12-30

12-16

$1

12-10

11-25

Autocar

$l5c

Automatic Fire Alarm

Co.

(quar.)

Automatic

Voting Machine
Manufacturing Corp.
B/G Foods, Inc. (quar.)

11-22

12-26

12-10

Babbitt

(B.

Babcock

T.),

Inc.

Wilcox

&

Co

Canada

12-10

12-

1

Canada

Works

Porcelain

convertible

50c

1-2-48
12-10

1-

2

12-19
1-

11-28

8

12-

8

12-

9

Steel—

American

preferred

(quar.)

83Ac

1-2-48

12- 9

23c

12-15

11-28

25c

12-12

11-28

40c

Bancroft

(Joseph) <te Sons
Bangor Hydro-Electric, common
7% preferred (quar.)
4% preferred (quar.)
Bankers

Bond

&

Mortgage

(quar.)

1-20

$1.75

$1

Guaranty

Co.

America

Manufacturing Co.,

4%%

prefe-rred

Bausch

&

Lomb

preferred

Cigars,

common

(quar. 1

Inc.

(quar.)

Brummell
Creek

Ties,

Belding-Corticelli,

Bell

&

(increased

quar.)

Co.

Benton

common

(quar.)

Food

12-

5*

416%

5*

Produ^,

preference

Foreign
Quarterly

(quar.)

40c

12-26

12-15

General

Canadian

Wirebound

$1.50

Capital

$$1.50

1-2-48

11-29

Capital Transit

class

Franklin

Hotel

Malleable

(year-end)
Industries

Carborundum

Co.

11-29

Carey

&

12-15

6

Baxter

Carey
5%

(Philip)
pfd.

Carpenter

12-31

12-10

Carrier

12-10

Cascades

1-31-48

1-15

$5

12-15

12-

10c

12-15

11-29

12-15

12-

1

5

Case

(J.

7%

I.)

clears

pfd.

12-21

Central

Bag

1-2-48

12-21

Central

Cold

12-30

12-20

12-

1
1

12-

12-15

11-17

25c

(quar.)

12-12

25c

12-15

50c

2-

1

11-17

Bon Ami

Class

&

Brass

Co., class A
B

(reduced)

Co.

Inc.

(George

(quar.)

W.)

12-16

5

12-15

1212-

2
2

50c

(quar.)

(increased

12-12

12-

5

12-20

12-

3

1-

2

20c

1-16

Coast

1

12-10

11-28

12-10

Coca-Cola

1

12-15

series

Coca-Cola

2

1-

2

12-

11-20

12-20

12-

1

12-

2

Foundry

Central

Co.,

Maine

$3.50

Colorado

Fuel

Commercial

12-15

11-15

(quar.)

Co

Central

Steel

Steel
&

12-15
11-30

Connecticut

12-15

11-30

Consolidated

11-28

Light

Consolidated

Cigar

1

Consolidated
Consolidated

Diversified

Common

class

1-1-48

11-28

1-1-48

11-28

1-1-48

11-28

Consolidated

1-2-48

12-

2

Consolidated

1-2-48

12-

2

(Bait.),

1-2-48

12-13

1-1-48

12-

Ltd.,

4%

8

$2.50

Botany Mills,

Inc., Class
preferred (quar.)

A

pfd.

(s-a)

12-10

1

8
8

Electric

Co.

Century

Ribbon

5%

4(6%

(stock

Continental

$3.75

Can

Steel

Continental

11-29

Continental-United

12-10

11-29

Copeland

Mills

2

12-

3

Corn

1-

1

Cornell-Dubilier

Products

$5.25
Cosden

1

series

Courtaulds,
Covered

Creameries

of

12-10

Creole

Cribben

12-31

12-10

Crown Cork

11-25

$2

12-20

12-10

Crown

12-

2

Crucible

12-12

12-

2

12-

1

Crum

1

$1.12%

1-1-48

12-19

1-

2

12-10

1-

2

12-10

&

Forster,

5%
5%

25c

12-10

11-14

Cuneo

$1.12%

1-2-48

$3

12-15

12-

1

Bearing
Bowling Green Fund (quar.)

1-2

11-14
12-15

Chesapeake & Ohio Ry., common (quar.)
316% convertible preferred (quar.)

12-15

Chesebrough

12-20

12-

10c

12-19

12-10

Chain

Chicago

5c

&

Sons

Brewing Corp. of America (quar.)
Bridgeport Brass Co., 5 V6 % conv. pfd. (quar.)
Briggs & Stratton Corp. (quar.)

12-19

12-10

60c

12-23

12-

6

$1.60

(quar.)

Extra

12-23

12-

6

62(6c

$1.37(6

12-10

11-25

12-31

12-16

Mfg.

Co., common
$2 preferred A (quar.)
partic.

25c

12-15

11-28

$1.25

Extra

Bristol-Myers Co. 3%%

9

12-15

11-28

30c




(quar.)

2

12-15

50c

pfd.

11-

2

12-15

93%c 1-15-48

1- 2

Mfg.

75c

2
1

8

D.

1-

8

David

11-28

W.

Produce
class

&

Quincy

District
A

ctfs.

(initial)

11-28

Davis

11-10

Davison

12-24

12-12

De

.'

Quarterly
Chicago Towel Co. com.
7% preferred (quar.)

&

(year-end)

_

5%

pfd.

(accum.)

Inc.

Hotel,

Rock

12-

1

1-26

1-

5

12-10

1

11-25

1-15

12-19

12-13

11-29

12-30

10-29

12-31

12-20

12-15

12-

1

1-2

90c

12-10

12-

1

25c

12-15

12-

1

12-24

12-13

12-15

11-21*

12-16

12-15

$2

12-31

12-10

12-

'

5

12-

1

12-17

1-2-48

12-18

1- 2

12-17

1-2

12-17

$1.25

4-

1

3-17

(quar.)

$2.50

12-19

12-

12-20

12-10

25c

12-31

12-18

75c

1-1-48

12-

5

5

30c

(irreg.1

12-12

11-28

12-12

11-28

11-29

Delaware

Floor

12-15

11-29

Delaware

Fund,

12-15

11-29

Delaware

&

12-15

11-29

Dennison

Mfg.

12-15

12-

1

$2

12-15

12-

1

$1.75

12-15

12-

1

Inc.

Hudson
Co..

Derby Oil Co.,

12-24

12-10

12-31

12-15

12-31

12-15

12-15

12-

25c

12-31

12-10

5

10c

common

12-1

12-18

12-

1-

3
2

15c

(quar.)

class

Co. of
(quar.)

12-15

A

8

12-

1

12-15

12-

1

$1

12-20

11-28
11-17

20c

12-10

$1.75

N.

(extra)

12-

25c

(quar.)
Co,

1-31

$2
50c

(s-a)

Products

Supply
preferred

Year-end

(initial)
Corp.

12-19

Dentists

(quar.)

50c

$25c
$2

(quar.)

Co

Corp.

Inc.

Oil

25c

7%

12-

12-10

25c

(initial)

(quar.)

Corp.

Coke

25c

dividend

11-17

12-10

50c

(extra)

Chemical

$1.75

Chicago South Shore & South Bend RR.—

12-13

12-15

$50c

5%

Extra

(quar.)

(quar.)

Ltd. Class A

12 %C

—

(quar.)—

1-2-48

$1.25

Corp.

Inc.

Cigar

Coal

Witt

Deep

12-13

Co.—

(quar.)

Frere,

Mines,

Day

1-2-48

35c

G.
&

12-19

inter

preferred

Bonus

$3

RR

beneficial

1

12-10

$1.25

Publishing Co.—
prior preferred

11-25

Trust—
of

1

12-

12-31

America—

Extra

12-

12-

12-15

$1

of

Co.,

Gas

Cutler-Hammer,

25c

Chicago Rivet & Machine
Stock

12-

12-19

12-15

12-29

10c

(quar.)

($3 cum.)

$4

11-14

1-2-48

55c

:

(quar.)

Press, Inc.

Curtis

12-10

50C

Co

Burlington

Preferred
est

12-20

1-

12-15

$1.13

Inc.

Sugar com.

Tobacco

50c

Belt

Chicago

12-10

45c

87 %C

(quar.)

Extra

50c

Extra

5

12-15

12-20

2%C

Extra

12-30
2

12-

2

2%C

(quar.)_

$4

Roller

J.)

.

Y.)

11-25*
12-15*

50c

Co.

8%

preferred

Champion Paper & Fibre, common
(N.

12-15
1-2-48

35c

(year-end)
(year-end)

Sugar

preferred

Cuban

(quar.)

(year-end)

Cuban Atlantic

12-10

Co.

50c

$2

(s-a)

Cuban-American

2

(quar.)

12-15

9334c

(quar.)

12-

1-

(quar.)

12-15

12-22

a2V6%
(quar.)

Corp.

Co.

12-15

Cumberland

& Trust

12-12

12-31

$2.50

(accum.)

(quar.)

12-15

12-18

Bank

1-2-48

30c

$1.31'A

(quar.)

Publishing

preferred

12-

preferred

11-28

20c

(liquidating)

Seal Co.,

&

Steel

12-24

Chemical

12-10

12-15

90c

(interim)

Drug Co.

12-15

Cherry Rivet Co.

12-10

12-31

62%c

common

preferred

America

preferred

10c

(quar.)

12-31

Corp.—

Sexton

&

12-19

1

25c

20c

iye'ar-end)

preferred

Co.

Crowell-Collier

12-26

5c

12-10

25c

preferred

Petroleum

60c

1-

A

Ltd.

12-10

5c

12-15

2

10c

Corp

Electric,

33/4%

2

5%

12-15

2

1-

25c

Refining Co.

Wagon

Co.,

2

12-10

1-2

1-

25c

Industries

Petroleum

1-

9

__

(quar.)

Corp

convertible

1-

1-

7

12-15

2

75c

preferred

Del

Co

1-15

12-

1-

5c

Range

Common
.

(quar.)

Extra

1

of

Extra

12-17

1-6
11-

—

Copperweld Steel Co., common (quar.)
5% convertible preferred (quar.)

Chamberlin Co. of America, new com. (initial)
Extra

12-

(year-end)

(Chicago)

Copper

5%

2

933/4c

common

Co.

12-

12-10

11-28*

(quar.)

12-12

12-10

11-29

(Chicago)

12-12

2

2-

12-15

62%c

(quar.)

(quar.)

1

2

5

11-29

$1.1216

common

1

2

12-15

$1

2

2

6

12160

1-

12-

1-

$1.12%

...

1-

15c

(quar.)

$1.25

(quar.)

1-

12-

f$l

Power Co.

$$5.25

12-

12-

$1.25

Refrigeration

2

31'Ac

Co.

12-31

12-12

11-28
12-15

12-18

90c

Co., 4%%

1-15

12-16

12-15

12-31

40c

1-

12-23

(quar.)

Extra

i_

12-31

pfd.

(quar.)

12-10

1

5

11-28

Securities,
(annual)__

Light &

Co.

Casualty

75c

$4.50

$5

preferred

Co.,

preferred

Continental

2%

dividend)

Corp.—
preference (quar.)

Hosiery

Standard

(quar.)

Oil

12-

12-

12-15

Co.—

Gin

12-15

1-2-48

$1

Extra

12-16

$1

20c

(year-end)

Corp.,

Assurance

Continental

12-20

12-15

2

30c

Power

preferred

$4,50

Continental

Continental

2

3

50c

(quar.)

(quar.)

$2.50

12-

1-

1-

12-

Ltd.—

(quar.)

Co.,

Products

prior

1

Utilities

Grocers

preferred

Consumers

15C

Chadbourn

12-

$1

(quar.)

C

Gas

Consolidated

75c

Mills

1

12-15

(year-end)

preferred

Co.

Common

12-16

60c

Extra

Certain-Teed

12-

preferred B (quar.).

40c

(year-end)

common

(resumed)

Century

11-15

12-15

40c

12-16

1-

3

12-15

Electric

12-10

3

3

12-

25c

(extra)

Edison

Gas

12-30

1

1

12-

12-22

25c

Corp.

non-cum.

12-30

50c

25c

(quar.)

B

preferred

416%

5

12-

12-

12-22

11-25

Common

12-

11-24

12-15

11-28

Coppermines

12-19

12-10

$25c

1

12-23

>

1

12-15

Chemical Industries, Inc.—
participating preference class A (extra)

$1

12-10

12-23

11-24

12-15

Quarterly

12-

12-31

12-

Consolidated

12-

12-

12-10

12-10

12-15

Canada

of

2

75c

(quar.)

West Co.

$1

6%

Bakeries

2

12-22

12-31

12-31

50c

Power

&

2

2

11-28

25c

Extra

1-

12-

1

12-

12-12

(s-a)

1-

12-12

1

12-15

53'/bC

1216c

(quar.)

1-

1-2-48

12-

$1

2

1

1

12-15

1216c

Transportation

12-15

5

12-

(quar.)

Publications

Congoleum-Nairn, Inc.

12-

1

12-15

3716c

Conestoga

12-

1

25c

Stamping

&

12-19

12-

1

12-

50c

(quar.)

common

(quar.)

1-15-48

Nast

$1.50

Products

Wire,

preferred

Central

$1.75

Co

Woven Hose & Rubber,
Common
(special)

Co.

Shearing

87%c

(quar.)

(quar.)

$2.25

Albany RR. Co

Wharf

Boston

Iron,

Solvents Corp...

87(6c

quar.)

(quar.)

&

Conde

1-5-48

12-

8716c

(quar.)__

Community Public Service
Compo Shoe Machinery iquar.)

1-5-48

12-

12-15
12-15

$3

12-19

1-2-48

12-10

Corp.—

11-15

9

5

$1.50

(s-a)

Year-end

Crane

(accum.)

pfd.

$1

(year-end)

A

12-15

9

12-11

25c

Commercial

11-28

1-

12-31

10c

11-28

12-17

30c

Ohio

25c

$20.65

class

Carbon

12-15

1-

12-

12-26

Co.

(quar.)

International

Columbia

2

12-18.

1-10

12-10

75c

$3

preferred

12-10*

$1.12%

(quar.)

Common
Central

1-1-48

(s-a)

25c

(resumed)

common

Power 3.50%

preferred

20c

35c

Company 4'A% preferred
Colgate-Palmolive-Peet Co.—

12-10*

2

1,

12- 8

12- 5

(quar.)

A

2

2-

12-

12-18

Electric

&

A

Class

2

2-

12-11

12-15

Coleman

1-

1-2-48

12-1

30c

(year-end)

1-

1-

12.-11

$1.25

(quar.)

Common

1

1-

$1.32'6

12- 8

$2

Co.,

Coca-Cola

5

12-20

12-15

$1.50

Bottling iN. Y.)

Common

5

11-20

lvl-48

17%c

Gas

1-

40c

$1.50 convertible preferred

6%

Counties

pfd.

1-

12-

12-15

_

Co.

$1

preferred

(E.

2

12-16

12-

75c

Corp.

common

Scrymser
&

1-

$1

Special
3(6%

12-16

50c

(year-end)

Borg-Warner,

(12- 8

25c

(extra)

(extra)

Bond Stores,

1-12

12-23

25c

Corp

2

50c

1

12-

11-25

12- 8

50c
SI.12%

(quar.)

(quar.)

Chemical

$1.60

Central Illinois Light Co., 416% pfd.
Central Illinois Securities Corp.—

12-

12-

12-15

15c

(quar.)

(quar.)

Central

$1.06(4

Extra

Aluminum

Burlap

12-20

6%

Year-end

Diamond

&

Storage

12-

12-15

12-15

12'/2c

12-20

12-15

Clorox

2

12- 8

12-15

(quar.)

80c

com

12-30

2(6c

12-10

$$1.75
Co.

(year-end)

com.

$1.75

12-30

7 (6c

W.)

(year-end)

common

12-15

1

12-20

1-

11-20

12-15

Inc.

Clinton

Monthly
Clopay Corp.

50c

(quar.)

Castleberrys Food

Mills

Industries,

11-24

12-15

12-12

12-'1

12-20

12-15

(quar.)—

15c

$1.50

&

Bryson, Inc.—
414% preferred (quar.)
Blaw-Knox Co. (increased)
(E.

(quar.)

(quar.)

12160

Extra
Sivalls

preferred
Corp.

common

^

Bronze,

Co.

11-21

4%

11-26

12-12

$1.12%

(quar.)

Worsted

1

1-

12-15 .\

2c

25c

:

(quar.)

common

Molybdenum

50c

Extra

(quar.)

preferred

Cleveland
Climax

35c

quar.)_

(interim)

arrears)

1-2-48

(quar.)
6%

5%

11-16

1

25c

Illuminating Co.,

preferred

$1.25

4%

Co.,

25c
15c

preferred

(increased

com.

Co.

preferred

(quar.)_

Extra

Birmingham Water Works,
Bishop Oil Co. (quar.)

11-15

25c

Cassidy's, Ltd.,
7%
preferred
(accum.)
7%
preferred
(quar.)
(This
payment

50c

common

12-15

12.-15,

Electric

Cleveland Graphite

12-10*

12-15

11-26
11-26

$1.25
,

(quar.)

75c

1-1-48

(quar.)

Corp.,

2

50c

(quar.)

Extra

1-2-48

5

1-

50c

(quar.)

Plywood

$1.75

12-

12-15

$4.50

2-10
12-

12-15

25c

Consumers

(quar.)

Mfg.

Corp.,

(quar.)

12-15

12-15

25c

(quar.)

$1

Co.

preferred

12-1

$37 %C

A

(quar.)
Ltd.—

Boxes,

Kennedy

Steel

50c

7%

12-17

$37 %C

class

Year-end

12-31

50c

(quar.)

(quar.)

Steel Corp.,

convertible

Co.

11-29

12-15

2

Iron,

preferred

Consolidated

(quar.)

12-19

12-

1-

12-15

2-16
12-13

50c

Extra

$$2

(quar.)
Ltd.—

Co.,

Products

1-2-48

$3

(s-a)

Corp.
(year-end)
Limestone & Cement—

Herbrand

A

pity

1-2-48

2

Cleveland

75c

11-29

11-29

2

4 V6 %

12-17

$$2.12

Products,

11-17

1-

12-17

2

$$2.12
Silk

12-26

1-

2

1-

Cliffs

$20c

(quar.)

class A

Extra
Canadian

1-2-48

12-29

1-

Ltd.—

Extra

1
5

1

Corp.,

Ltd.

Ltd.,

Alcohol

12-

12-

12-15

$$1.12%

Electric,

Machine,

12-

37(60

preferred

Manufacturing

Bower

Industrial

50c

Extra

$1.25

Ice

Canadian

15c

Brewing

Bingham

Boston

Canadian

$1

(quar.)

$6

preferred

Boston

Canadian

1

$1.50

Bethlehem

Borden

1

2

2

f 25c

Extra

1*

2

Cleveland

1-

$18%c

(quar.)

com.

(quar.)

12-

1-

Ltd.,

Investment

12-

1-

$1.75

(quar.)

$55c

(quar.)

:

12-16

12-15

10-31

preferred

$75c

(quar.)

Canadian

12-

12-10

-

5%

$30c

common

1

12-10

(quar.)

Clayton & Lambert Mfg..;
Clayton: Silver Mines

$31'Ac

(quar.)

Ltd.,

12-15

12-16

11-29
10-31

$$1

A

12-

12-15

12-

$50c

(quar.)

1

12-

12-31

11-28

$1

L2-10

$50c

(quar.)

12-

12-12

20c

12-15

f $1.25

Ltd.

Caaners,
Cottons,

preferred

t$l

Appliance

Harbor

Bessemer

Brillo

Class

(quar.)

common

12-12

62 %c

quar.)

common

12-11

$$2

(quar.)

$$1.75

(year-end)

Corp.

Corp.,

Berghoff

Brach

Canadian

11-29

15c

Benjamin

Borne

11-29

12-15

6%

30c

(extra)

Year-end

Borg

12-15

50c

Ltd.,

Co.

Home

Beneficial

Bohn

Canadian

1

J50c

Extra

Bendix

Blue

Canadian

1

12-

12%c

(quar.)

Bendix Aviation

Bliss

1

12-

12-15

40c

Corp.

Gossett

Black

12-

12-15

Ltd.

Co.,

preferred

10c

J

preferred

Aircraft

5%

12-15

Co

Co.

Extra
Bell

Bibb

Breweries,
Bronze

5%

20c

(quar.)

$llc

(Toron¬

(interim)

11-28

Year-end

t$l

Canadian

2

12-13

1$1.75
Corp.

8-14

11-29

12-19
12-19

(quar.)

Year-end

(interim)

Canadian

1-

12-20

Ltd.—

Cable, class A

12-

Inc

Railroad

Belden Manufacturing

4%

B

&

12-26

12-15

Co.,

preferred

$37% C

Co.,

1

12-15

Co

Equipment

$$2

Wire

12-20

2

Controller

Clark

Ltd.—

(quar.)

2

1-

Clark

1-24

t50c

Mortgage

50c

Beech-Nut Packing
Extra

)

to)

Canada

12-26

12-19

1

15c

(quar.)

2

37%c

Extra

7%

12-10

12-10

12-27

12-

6

$1.06%

(quar.)

Permanent

1-

$1

Bayway Terminal Corp. (initial)
Beatty Bros., Ltd. (quar.)
Beau

Canada

1-

50c

2

1-

tlOc

common

Power

1-6-48

25c

1-

2-

$32 %c

(quar.)

preferred

7%

Stamping Co.

City Ice & Fuel Co. (increased
Oity of Paris Dry Goods—

1

6

25c

Auto

7%-1st

12-

50c
$1

quar.)

Year-end

1

12-18

15c

(resumed

tlSc 1-26-48

Northern

Common

Class

$1.12(6
common

2

$$1.12%

Extra

10c

(quar.)

Optical,

2

$1.25

Railway

Co.

Year-end

City

$$1.50

Co.

$25c

(quar.)

Extra

Beech

Malting

$1

(quar.)

1212-

$62 %c

(quar.)

(interim)

15c

Ltd.

5

Street

Service

$50c

B

20c

Canada,

Refractories, Inc.
Batavia Body Co. (s-a)

11-19
12-

12-16

12-11

HOC

45c

Extra

Basic

Cities

Extra

(quar.)

$25c

of

2

Cincinnati

34%c

(quar.)

(quar.)

preferred

Class

2

2

1-

12-11

$1

class B

Canada Foundries & Forgings,
Class
A
(quar.)

1- 2

1-

12-15
12-23

1

12-20

50c

pfd.

conv.

Co., Ltd.,

20c

Barber-Ellis

4%

2

of

Bankers National Life Insurance (N.J.)
Bankers Trust Co. (N. Y.)
(quar.)

Bayuk

1-

9-

12-

$5

(year-end)

(quar.)

5%%

Dry Ginger Ale,

Canada

shares

(quar.)

12-15
1-2-48

50c

—

Ltd., $1.30 pref. (quar.)
Crushed Stone, Ltd.
(quar.)

Canada

Banco de Los Andes—

Cement

Service

preferred

$4.25

12-

preferred

$1

25c

(quar.)

com.

Cement,

Canada

2

5-15

62c

(quar.)

Extra

11-*>8

12-10

12-29

2-14

1

$3

75c

(irreg.)
Utilities,

pfd.

(quar.)

Water

Bread

416 %

1

$1

Locomotive

Baltimore

1

12-

$1

Additional
Baldwin

12-

20c

Co.

Forge Co.,

Canada

12-15

25c

1

6-

$1

$2.50

Year-end

12-15

30c

3-

$1.25

Campbell Wyant & Cannon Foundry Co.—

40c

(quar.)

$1.25

(quar.)

15c

(quar.)

Power

Portland

California

30c

Corp.
(increased)

Avco

Bates

California

35c

Extra

7%

11-22

12-15

50c

Company

12-15

$12%c

(quar.)

preferred

50c

Timber

&

preferred

Camden

(quar.)

preferred

5%

$15c

12-

1-16

5%

$35c

(quar.)

12-15

2

Common

$1.75

—

Financial

T.

12-15

2-

11-30

11-17

31 'Ac

Extra

12-15

$25c

1-17
7-17

8-1-48

Ry.

11-17

55c

Water

California

(year-end)

$2
Pacific

12-15

2-l-r48

12-30

$1.25

(accum.)

(quar.)

56%c

Service, Ltd.—
(initial)

12-12
1- 2

$2

4%
preferred
(s-a)
Cincinnati New Orleans & Texas

31 'Ac

pfd.

(irreg.)

common

preferred

40c

Ltd

$1

(s-a)

15C

(quar.)

non-conv.

5%

preferred

25c

(initial quar.)

Co.

Buildings, 7%
Co.,

(P. H.t

$2.50

(s-a)

(quar.)

$1

quar,)

12-15

15c

$3

Co.

4%

(increased

30c

Adding Machine

conv.

I.

12-20
11-14

Electric 4% pfd. (quar.)__
Inter-Terminal Railroad Co.—

50c

preferred Series B (quar.)_
Co., 7% preferred (quar.)
Butterfly Hosiery Co. (s-a)

C.

11-24

2

1-

12-15

$35c

(quar.)

Battery Co. (quar.)
Dock, Ltd., cl. A

Terminal

Butler

12-15

Electric

Common

5

11-12

25c

Extra

Butler

11-12

12-12

20c

(quar.)

37%c

—-

Co.

12-

$2

(quar.)
Steamship

(quar.)

Powder

12-15

5%

Atlas Imperial Diesel Engine—
Series A preferred
(quar.)
Atlas

Burroughs

3-

12-12

$1.75

Burrard Dry

1

$1

pfd.

Indies

preferred

Refining

Corp.

4%

West

common

non-cum.

Atlantic

(Conn.)

Corp.

&

Burgess

5

12-

$1

Atlantic Coast Line Railroad Co.—
Common
(quar.)

Atlantic

11-28
12-

$2.50

RR

Atlantic Coast Line Co.

12-29

12-15

$1.50

(s-a)

Point

1-15

Corp.

30c

12-26

Bush

1-31-48

55c

(year-end)

Special

10c

Atchison Topeka & Santa Fe Ry. com

-12-15

$1.75

5%

Products, Ltd.
(quar.)
Company (resumed)

45c

(s-a)

Co.

Brothers

$1.47

(quar.)

Corp., class A

Cincinnati

5

12-19

$37.60

_

£1.25

*.

Extra

11-28

(year-end)

com.

Cincinnati Gas &

12 %c

Bolt

12-

12-29

Chrysler

11-25
11-25

Co.—

(year-end)

10c

Investment

Financial

Class

Buffalo

Bunte

12-10

12-15

12-

75c

Co.,

(quar.)

f 30c

Buckeye Pipe
Bucyrus-Erie
Co.,
common
7%
preferred
(quar.)

12-15

$1.26

12-10

Co

Securities

preferred

12-15

12- 9
3- 9
6- 9

4-15-48

25c 7-15-48

93 %C

(quar.)

Ltd

(quar.)
Line Co

20c

(quar.)

Special

Copper

7%

25 c

preferred

$1.06'A

Associated

Chile

12-15

__

Hoiaert

1-15-48

25c

(quar.)

90c

$3.60 preferred (quar.)
Co., common (quar.)

Brunswick-Balke-Collender

12-16

12-

(quar.)

When

Payableof Rec

25c

(quar.)

common

$30c

2

12-16

7

Share

Oil,

Common

10c

(quar.)

Co.,

preferred
Mills,

2

12%c

1-

2-2-48

15 c

(quar.)

Iron

Silk

1-

59%c

x

4

Company

Cotton

Christiana

Extra

1-

Co.—

Spring Corp.

G.)

L.)

25c

preferred

Corp.

Refining

preferred

Associated

Astor

(E.

Bruck

Per
Name of

Chickasha

25c

&

Shoe

3% %

12-10

1

12-22

2-25

8%

Extra

25c

Constable

4»A%

Bruce

93%c

(quar.)

convertible

Arnold

12-12

$1

Class B

Ashland

12-26

12-

Products, Ltd.—
$15c

(E.

Brown

40c

Armstrong Rubber Co., class A
43/4%

11-29

$1.50

Year-end

$3.75

12-15

1-2-48

11-17

Common

Extra

Armstrong

Holder9

20C

Brooke

11-29

15c

pfd. (quar.)

Forest

Broadway Market Corp.

12-15

5c

Arkansas Natural Gas Corp., 6%
Armour & Co.—

Columbia

12-15

$25C

Initial

25c

Extra

When

t25c

(quar.)

Oil, Ltd. (quar.)
Ce'ianese, Ltd.—
American deposit receipts
(year-end)

1-25

25c

(quar.)

com.

1-14-48

Note

Monday, December 8,1947

Payable of Rec.

British

7%c

$5 preferred
(qual\)
Arkansas-Missouri Power

CHRONICLE

Share

British-American

12-23

1

Co.—

__

Edison

Company

British1' American Bank

12-15

$1

(quar.)

FINANCIAL

Per
Name of

Payable of Reo.

$3

common

&

Holdert

10c

Arcade Cotton Mills Co.,
8%
preferred ts-aj

Arizona

When

COMMERCIAL

12-23

25c

12-15

25c

1- 2

Y.—

(irreg.)

12-23

12-

!

12-19

.

Volume 166

Number 4653

THE

Per

Name of Company

Detroit

Gray

Iron

Share

Foundry

(increased
Co.

Portland
T

Cement

Motor

Stores

Co.

Corp.

(quar.)

Theatres

Cup

Class

Corp.

Co.,

A

(quar.)

Fields

$3.25

Glass

12-12

Excelsior

12-15

11-28

12-20

Fair

12-13
12-10
10-15

12-24

10-15

Co.,

12-24
12-15
1-

11-24
11-29

6

12-15

12-17

11-26

Drewry's,

Co.,

Works

12-26

12-12

Federal

Water

&

12-10

11-29

Feltman &

12-10

11-29

12-15

12-

1-30

(quar.)__

com.

12-29

Ferro

1-15

12-29

2-2-48

12-31

t50c
t37'/2c

Ltd.,

12-15

3%%

S.

U.

pfd.

1211-

First

National Stores

1-15-48

1-

First

Security Corp. of Ogden

Inc

A.,

12-22

12-15

12-

Bradstreet

(irreg.i

com.

12-

1

Fittings,

12-

5

Flintkote

Ruboer

de

Goods

Co.,

12-

12-10

11-20

Plastics

&

Co..

preferred
Co.

(year-end)

First

Public

liquidating

shares

of

Electric

Hotels

Eastern

&

Fuel

Gas

4 '/a 'io

par

for

prior

share

Motor

12-10

12-

12-31
12-10

12-

12-15

Fort

12-15

Foster-Wheeler

11-26

6%

prior

11-26

6%

prior
prior

6%

$1.25

(accum.)

$1.50

1-

1

12-26

1-

Eastern

Massachusetts

1st

Eastern

Street

12-10

11-28

12-15

12-

Railway¬
1

and

par

no

preferred

Eastern

States

common

(quar.)

25c

1-2

12-20

25c

1-

2

12-20

$1.25

1-

2

12-

1

(resumed)

Steamship Lines,

1-

2

12-

1

Kodak

Co.,

preferred

Washing

$1

Inc.,

(quar.)

common

(extra)

Stores,

participating preferred
Inc.—

A

(increased)

12-12

11-29

1-

2

Paso Electric

$4.50

Co,

preferred
Natural

Paso

Electric

(quar.)__

Consolidated

Electrical

Products

(Calif.)

Electro Refractories &
dividend

Cash

Stock

11-17

General

12-15

12-

General Box

12-15

11-

3

12-15

11-

3

Stock

11-

3

General

40c

12-15
1-

2

5%

General

12-26

12-

8

12-

5

General

12-12

12-

5

Supply

Candy

Corp.

preferred

Corp.

(year-end)

Corp.

3

General

Electric

General

Fireproofing Co,
(quar.)

12-20

12-10

General

Instrument

(quar.i

12-22

General Mills, Inc, 5% preferred
General Motors Corp,
common

Equity Corp., $3
20c preferred

1-

2

12-17

1

12-31

20c

12-31

$1.75

1-

2

12-15

50c

$1.75

Coach

Co.

Corp.

__

12-15

12-13

11-24

12-13

11-24

12-13

11-24

12-13

11-24

$1.50

$1.25

1-

2

12-15

12-20
12-

1

1-

2

12-15

1-

2

12-15

4-

1

3-15

7-

1

6-15

1012-

1

11-25

1-

2

12-15

1

9-15

$2.50

12-11

12-

1

$5

12-15

12-

1

65 '/2C

12-19

11-28

$1

1-10

12-15

12-10

11-25

12-15
1-

1

12-

1

12-19

37'/2c

12-31

12-15

12-31

12-15

12-31

12-15

12-20

12-10

12-20

12-10

12-12

11-24

1-

2

12-

1

1-

2

12-

1

1-

2

12-

1

1-

2

12-

12-15

12-

3

25c

12-15

12-

3

12-10

11-29

1

12-15

1-

2

12-

5

12-17

12-

5

$1.25

(s-a)

10c

$1

1-

12-

2

12-19

1

11-

7

1-1-48

12-

5

12-15

12-

1

1

12-15

12-

1

12-22

11-29

12-22

11-29

12-22

11-29

12-31

12-15

12-15

12-

5

2

12-

5

12-20

12-

1

12-20

1-

12-

1

70c

12-15

12-

1

1-26

12-19

12-17

11-26

(quar.)

__

1-

2

12-17

1-

2

12-16

$1.25

1-

1

12-10*

12-10

1-

5

$3.75

933Ac

2-2-48

1-

5

Outdoor

Advertising,
Corp.

Plywood

Corp.

12-

1

12-15
12-16

25c

$1.50

11-

2

2

5

11-25

12-

1

12-11

12-11

preferred

50c

12-10

12-

1

12-10

12-

1

$1.50

Co, common

2

12-15

1-

2

12-15

(special)

Machine

Tool

12-20

12-

5

12-20

12-

5

$1.12%

(quar.)

Refrigerator

21'Ac
15c

(quar.)

Extra

preferred

1-

$1.25

Giddings & Lewis

Warehouse

1st

preferred

Y.)

Greening

Sugar,

1- 2

12-15

12-31

12-

12-31

12-12

12-31

12-12

$1.25
$1
$1.25

12-31

12-12

8

12-15

11-14

12-15

11-14

12-15

11-15

12-15

11-15

12-15

12-

12-15

11-25

12-16

12-

12-15

II-15

1
5

12-15

11-20
12-31

1-15
12-10

12-

1
1

Group No.

2

Oil Corp.

Aircraft

Guantanamo

&

Co, $5 pfd.
(Bait.), 6% pfd.
(increased)

Corp.

12-10

2

11-30

12-

5

1- 2

12-

1

12-31
12-31

12-12

12-18

12-

12-20
12-27

11-28

12-27

12-

1

12-24

12-

5

12-12

12-

5
1

2

12-18

12-29

12-18

(quar.)

$1.25

1-

(quar.)—

$1.50
75c
$1.25

1-2-48

12-22

11-21

$1.50
25c
$1.10

1- 2
12-15
12-15

12-20

(initial)

$40c

1-

2

$1

(quar.)

preferred

4%

Co,

12-15

Corp.—

(s-a)

Co.

Insurance

1-

2

11-21

11-20

11-20
12-10
12-15

30c
25c

Hamilton

Bridge

Ltd. (initial)—
(Initial)

Co,

Hamilton Gas Corp.

Watch Co,

Hamilton

4'A%

(quar.)

common

preferred

convertible

Hammermill Paper Co,

(quar.)
(quar.)

common

preferred (quar.)
preferred (quar.)

4'/2%

Hammond

Instrument

Common

(quar.)

(M.

A.)

12-15

12-12

11-26

12-15

11-18

12-15
12-10
1- 2
1- 2

11-18

11-28
12-10

12-10

25c

quar.)

12-10

11-25
2-25

$1.60

12-12

12-

2

$1.50

(year-end)—

common

1-20-48

1-

6

Refractories—

preferred

(quar.)

Corp,

15c

preferred (quar.)
5%
2nd preferred (quar.)
Harrisburg Railway (s-a)
Harrisburg Steel Corp. (quar.)
Wholesale

12-12

12-23

12-12

$1.25

(quar.)

common

Extra

5%

12-23

40c

Harnischfeger

12-23
12-23

$1.25

12-12
12-12

12 '/2c

Battery

(year-end)

Co, $4 prior pref.

(quar.)

Haskelite

of America,

class A

1-15
12-15

$1

5

1-

5

12-12
1-6

12-

1

1-

6

12-23

12-23
1-15

$2.50

(quar.)

Co.

Extra

dividend

11-20

12-

1

11-20

12-20

11-20

100%

+

Inc.

Glass

Co.

(resumed)

25c
30c

12-15
1-2-48

11-15

(quar.)

50c
50c
25c
$1.50
$1
$1.75
$25c
34%c
25c

12-15
12-15
12-15
12-15
1- 2
1- 2
1-2-48
12-15
1- 2

12-

12-26

50c

Industries,

Hazeltine

2- 1
12- 1

$2.50

Hathaway Manufacturing

12-11

11-24

25c
95c

12-26
12-22

12-16

(year-end)
Stores, Inc.^.

Corporation

Heam

Department
Co. (quar.)
Heilman (G.) Brewing
Helme (George W.)
Co, common
Mining

7%

preferred (quar.)
Paper Products, Ltd. (irreg.)—
Hendry (C.J.) Co, 5'/2% preferred (quar.)_
Hendershot

Cement

Corp.

Hercules

Motors Corp

Hercules

Powder

Co.

(year-end)
Co, common

12-12*

12-

1
1

11-14
12-

5

12- 6
12-

6

12-17

11-29

(quar.)—

12-

8

preferred

Hewitt-Robins,

(s-a)

Inc.

(quar.)

Heywood-Wakefield Co, common (irreg.)
Hibbard-Spencer-Bartlett & Co.—
Monthly
Monthly
Hinde & Dauch Paper Co. (quar.)

__

50c

12-20

12-10

50c

Creamery

Extra

12-20

12-10

$3.50
25c
$1.75

12-20
12-15
12-10

11-28

25c
12-26
25c 1-30-48

Hinde & Dauch Paper Co. of

class B

Co.

1- 3
12-24

Canada, Ltd.—

(year-end)

12-10

12-

1

12-16
1-20
12-

5

12- 5

1

J 25c
$1

Quarterly
Mfg.

50c
$1.50

Extra

1-2
12- 1

11-29
11-25

$1.50
(extra)

A

Furnace

Co.

quar,)

(increased

12-

1

11-25

$1.50

Extra

Holland

12-11
12-

1-15

$1.12'/2

preferred (quar.)

2

12-23

1-

25c

B

Hershey

1

12'/2c
25c

(resumed)

Corp.

Mfg.

Corp.

Hercules

12-

8

75c

(quar.)

Common

Stock

5

12-15

12-

25c

preference

non-cum.

4'/2 %

5

12-

$25c

(quar.)

Ltd.

Co,

Hartman Tobacco

12-

12-15

37'/2c

Co

Chemical Co.

12-15

15c

Extra

Harshaw

11-26

12'/2c

12-19
12-22

5c

Harrison

Class

5

1- 2

25c 3-10-48

Co,

Harbison-Walker

5

12-

Co.—

(increased

Common
Hanna

5

1-15

25c
$1
25c
$1.06'A
$1.12'/2

Extra

12-

50c

(quar.)

12-

$12'/2c

(initial)

com.

12-15
12-20

25c

Lamp Company new
(W. F.) Printing Co.

Class

12-10

1-

10c

Engineering

pfd. (quar.)
Gulf States Utilities, common
$4.40
preferred (quar.)

Hobart

1-2

50c

Gulf Power Co. $6

6%

11-30

12-26

$1.06'A

Special

4%

12-26

$1.25
$50

Sugar

Realty

Halifax

11-10

$5c

(quar.)

Grumman

Oil

12-

12-10

25c

(quar.)

(year-end)

Corp.

Guilford

12-10

40c

(quar.)

7%

11-22

30c

Oil Corp.

Hecla

5*

12-12

$1.50

Wire, Ltd.

(B.)

No.

Hayes

12-

11-22

$1.75

1

Hat

2

$75c

Corp. com.
(quar.)
4'A%
preferred (quar.)
Griesedieck
Western
Brewery Co.—
New
common
(initial)

$3

5*

1-

12-12

$75c

(quar.)

common

Greyhound

Hall

12-

$1.50

(quar.)
Tap & Die Corp

Greenfield

Hall

2

30c

preferred

Gulf

5*

1-

$$1.75

(s-a)

(quar.)

Group

12-

—

(quar.)

preferred

Western

7%

1- 2

40c

2nd

6%

6

35c

12-

1

11-25

40c

12-20

12-

5

60c
Son

&

(A.)

(quar.)

12-20

12-

25c

Extra

Hollander

12-17

12- 5

5

6

12-

5

t6c

12-30

12-

2

75c
25c
50c

12-18

$1.25
$1.06'A

1- 8
12-31
12-19
12-15
12-30

25c

Extra

1-

Consolidated

Hollinger

Gold

Mines,

Ltd.—

Quarterly
Co, Inc. (year-end)
Title Guaranty
(Bklyn.)

Holophane
Home

Homestake

Honolulu

Mining

Oil

Co.

_

(irreg.)

(quar.)

(year-end)
Electrochemical, $4.25 pfd.

Hooker

Corp.

(quar.)_

12-19
12-

8

11-21
12-

1

Hoover Ball

(quar.)

preferred

Gibson

1

12-15

50c

Georgia Power Co, $6

4V2%

12-

25c

(quar.)__

Extra

Products

6%

12-

11-19
12-

12-15

25c

1
com.

Georgia-Carolina Brick & Tile

$5

12-12
12-15

20c

(quar.)

25c
10c

common

(quar.)

Railway Signal Co,
6% preferred (quar.)_.

Gerber

11-13

10c

Phoenix

Equipment

12-17

1

12-

25c

Cement

1

12-

2

1-

2-2-48

Portland

12-

12-22

75c

Precision

12-15

1

$1.25

General

12-15

I-

12-29

40c

(quar.)
preferred
(quar.)

General

12-15

(quar.')




12-24

$5 preferred

General

50c

(accum.)

1

$1
$1.75

(quar.i

12-15

28c

50c

preferred

Co.

preferred

12-15

Phonograph—

conv.

—

common

7%

25c

Co

12-

50c

12-19

12-

$1.75

Capwell

12-22

12-15

25c

12-19

'

Emporium

1

50c

Cigar, common

Extra

Year-end

12-

25c

2

General

(quar.)

12-15

31'Ac

(quar.)

(quar.)

2

General

com.

1

—

1-

General

Empire District Electric Co.,
Empire Steel Co. (quar.)

12-

2c

(quar.)

1-

12-16

12-15

(quar.)

12-24

12 '/2C

Coal Investment

11-17

Erie

Co.

(N.

(quar.)

Year-end

Extra

12-15

&

1

75c

Extra

12-22

12-31

(year-end)

12-

40c

B

Inc

Bottlers,

convertible

11-24
12-10

1-2-48

Radio

12-15

t30c

Extra

25c

preferred

12-12

5%

Builders

2

50c

Common

12-22

15c

—

A

Co, preferred
West Saddlery Co, Ltd.—

Hazel-Atlas

dividend

12-15

80c

—

1

4c

12-15

Emerson

preferred (quar.)

5

1-

Extra

12-15

Emerson

class

Co,

11-28

12-30

7%

Mfg.

12-15

7%

Extra

12-

1-15

25c

Electrographic Corp. (stock dividend)
Electrolux
Corp.
(year-end)
Elliott
Company
(resumed)

7%

12-20

75c

12-

(increased quar.)

11-29

Quarterly

12-15

Common

12-15

General American Transportation Corp.—

5%

(quar.)

11-24

37'/2c

11-28

17'/2c

Drug Co., 8% preferred
Emerson Electric Mfg. Co.—

1-2-48

t$1.37

12-26

Alloys Corp.—

(quar.)

5

11-24

t$1.25

12-26

25c

dividend

11-19
12-

20c

—

1-10

6c

(quar.)

1

28'/a c

20c

(quar.)

1-

12-10

34 %c

(quar.i

(quar.i

pfd

Northern Ry.

Great

6

12-13

10c
$7

Year-end

2

common

General

Special

5

2

20c

Products

Electric

12-

12-

1-10

75c

Electric & Musical Industries, Ltd.—
American shares
(year-end)

1-1-48

12-

12-10

Gemmer

60c

(quar.)

Co

1

12-20

(year-end)
$3 participating preferred A (quar.)

$1.12Vb

Co

1

12-

12-20

11-28

25c

Auto-Lite

Electric. Boat

(Texas), com.

(quar.)
Gas, common

12-

12-10

8

...

50c

(quar.)

12-10

2

preferred (quar.)
5'/2% preferred (quar.)
Gaylord Container (quar.)

100%

Works

1

12-

5%

$6

dividend

12-

noc

50c

Oil

Dorado

2

12-

Extra

$25c

(quar.)

Extra

Stock

Co.,

preferred

$1.621/2
A

11-15

1-

12-15

25c

Eddy Paper Co., Ltd., class
Eddy Paper Corp

12-15

12-20

40c

preferred (quar.)

11-30

10c

12-10

25c

(increased)

12-

12-15

Indemnity Co.

—

Extra

Hart

Gary (Theodore) & Co.—
$1.60 1st preferred (accum.)
Gatineau Power Co., common (quar.)

5

12-20

5

12-15

4c

$2

7'/2C

40c

common

B

6'/2%

El

11-29

5

(quar.)

pfd.

Extra

Year-end

El

12-12

$1.06'A

(quar.)

Year-end
Class

El

12-

(Thomas A.),

Class

tax__

(year-end)

Extra

37'/2c

(quar.)

common

Extra

4'A%

(Julius)

Garrett

12-20

12-

20c

Garfinckel

5

$2

12-15

30c

5

12V2C

Brothers

-

(quar.)

12-

11-28

5

(initial quar.)

Co, Inc, com.

preferred

12-

8

12-

25c

(Robert)

6%

2

12-

Edison

Gair

2

25c

12-15

10c

1-

(year-end)

5

25c

Company

1-

B

8
8

12-

$2.50

preferred (quar.)
Corp. (quar.)

Class

1212-

12-15

Co.—

conv.

conv.

11-28

Edison

Gabriel

6%

5'/2%

8

Co.

& Co,

4'/2%

12-

Mfg.

Schmidt

11-28

25c

Eaton

&

B.)

12-19

(year-end)

12-19
12-19

$3

$1.50

(s-a)
Brewing

12-12

A

30c

37V2C

Year-end

(D.

American

Great

37'/2c

preferred

1-2-48

Class

Terminal

30c

non-cum.

25c

Corp.—

Lakes

37'/2c

(year-end)__

Inc, common

55c

(final)

(quar.)

Machine

Great

25c

Mexican dividend

less 8%

50c

com.

(quar.)

5

37 'Ac

common

(quar.)
preferred (quar.)
preferred (quar.)
preferred (quar.)
Ave. Corp. $5 non-cum. pfd

$1.50

preferred

12-

25c

A

Year-end

(resumed)

B

Corp,

the Loom,

of

Fuller

(quar.)

A

convertible

Eastman

$3

Corp.—

preferred
preferred

Eastern

value,

par

Power

12-f0

12-17

6

12-

10c

Lakes

12-24

12-

12-13

$2.50
$25c

Gorham Manufacturing Co. (Irreg.)
Grafton & Co, Ltd, class A (quar.)

Great

6

12-13

$12'/2c
112 Vic

(quar.)

Great

Co.—

Year-end
Fruit

Fuhrmann

preferred A (quar.)
Association—

Racing

class

(Benjamin) Hotel Co.

Fresnillo

12-15

11-28

$1.50

Extra

St.

12-15

1

12-10

B

Extra

Great

50c

Canada,

(Peter)

Franklin

50c

Iron___

Class

5

12-

$12'/2c

preferred

1

1-10

1

12-20

12-13

$1

(quar.)
Gordon Mackay Stores, Ltd.—
Class A (quar.)

12-

12-

12-30

$1

(quar.)

5

81'AC

Brewing Co. (quar.)
Louis Properties, $3 pfd. (accum.)

Fox

12-15

$1.75

Malleable

prior

400 Madison

$1.12'/2

preferred

1-15

12-20

10c

$1.50

Telegraph (quar.)
Co, Ltd, 4% pfd. (quar.)
Co, common

convertible

12-22

4

5c

Goodyear Tire & Rubber Co, com. (quar.)__
$5

12-

56'Ac

F.)

12-

100%

preferred

Fox

(quar.)

(B.

12-

62'/a C

6% 1st pfd. (quar.)
Wayne Corrugated Paper Co. (year-end)

2

1

State

12-10

10c

(quar.)

Foreign Light & Power,

2

12-

$5

12-20

1

$1

Stock

&

12-31

5%

of

(quar.)

(quar.)

2

5c

Haloid

B

1-

12-30

(accum.)

preferred

Eastern

Class

1-

Coast

1

$1

Extra

12-10

(three

East

12-

25c

12-10

held)

12-15

$1

(s-a)

Co.

Associates—

preferred

preferred

dividend

common

each

1

12-23

(year-end)

Corp.

Co.

Ford

6%

stock

$10

Co.

12-

25c

Ford

5

Service—

12-15

25c

9

12-10

12-10

Co.

Year-end

12-10

25c

112-

15c

12-20
12-20

50c

(quar.)

dividend

Stock

11-25

$1

1

30c

(cash dividend)

Common

12-15

30c

11-28

Stores—

12-12

75c

(s-a)

Extra
Coast

Fair

3c

(quar.)

12-

12-10

$30c

(s-a)

common

9

1

12-20

50c or

America

of

Steel

75c

(year-endi

Brewing Co. (s-a)
Paper Corp., common

prior

Mills

50c

Co.

12-10

$1

1-

1

11-20

12-31

50c

$1

B.

Eagle-Picher

1-24

3-16

12-10

$1

class A

2<)c

iquar.i

(irreg.)

Sulphur

1-24

87'/2c

(extra) i_

Chemicals

Inc.

Texas

$1.12'/2

12-16

4-1-48

quar.)___

Extra

Grinnell

$2.50 preferred (quar.)
Food Machinery Corp. (stock dividend)
3¥4% convertible preferred
(quar.)

11-24

convertible preferred

Brewing

Goodrich

—

(quar.)
Power Corp. (quar.)

Florida

12-10

12-13

(Utah)

(s-a)

Follansbee

12-20

Golden

75c

—

preferred

Flour

Co.—

(quar.)

$4

Gold

11-28

$1

Company,

12-16
12-15

Co.

(increased)

Corp.,

Ltd,

11-20

12-31

Indemnity

Year-end

Food

$2

Co.

1

30c

lirreg.)

(quar.)

&

1-

$62V2c

Nemours

$3.50
preferred
Duquesne Brewing

12-10

1

Ltd.—

(year-end)

preferred

12-15

12-16

$1.12V2

(s-a)

Products

2

(year-end)(San Fran¬

Inc.

$2 preferred (s-a)
Common (optional cash or stock)
'A share of common stock

11-22

30c

(quar.i

iquar.i

preference

Common

B

12-19
1-

Fund,

(s-a)

York

12-12

5c

preferred

I.)

Class
First

12-10

25c

Extra

(E.

A

15c

$1.75

Bridge Co.

Steel

Class

75c

(quar.i

—

(quar.)

$1.75

(year-endi

common

&

5

—

______

Fund

cisco)

11-29

(quar.)

A

—

Industrial

Firemen's

1

12-12

12-16

75o

1-2-48

2

12-27

25c

$3

1-15-48

Extra

Financial

1-

J25C

4'/a%
Goebel

50c

(quar.)

1-15-48

933'4C

(quar.i

Co.

Co.,

Tire

B

1-

1-

12-12

$2

class

America,

1-

50c

11-29

12-18

50c

8IV4C

iquar.i

12-15

12-12

100%

1-2-48

(initial

Extra

Quarterly

^

of

Co.

2-2-48

11-29

2

35c

2-2-48

1-2

Glidden Co, new common

3

10c

,.

Extra

$1.75

$25c

75c

(quar.)

12-

22VaC

,.

B

1

12-10

15c

class A (quar.)___

12-

50c

Brick

Shale

Glenmore Distilleries Co,
Extra

12-

12-15

50c

Coal

Glen-Gerry

I-

12-15

22 '/2c

Alden

(quar.)
Co

$2

$1

(quar.)

11-29

12-22

30c

Harvester

$1

25c

common

12-

12-22

5

1-

2- 2

25c

(quar.)

15c

$25c

(quar.)

12-18

& Dyeing—

Extra

11-17

12-10

1-23

25c

Grand Rapids Varnish

(quar.)

Extra

Finance

Class

certificates

preierred

preferred

1st

12-31

12-15

2

Co.—

Cap & Set Screw Co. (year-end)
Fiduciary Trust Co. of New York (quar.)

1-15

15c

1-

Holdere

Payable of Reo.

75c

Machine Co.

Class

When

49

$1,25

—

Gisholt

12-19

30c

Gas

United Cleaning

2-2-48

12-30

25c

Ferry

t25c
$$1.25

12-19

10c

preferred (quar.)
Enamel Corp

7%

12-30

40c

Extra

12-29

4

$1.25

(quar.)

Curme Shoe Stores

Common

1-15

12-

15c

Common

1-15

$1

Dumbarton

Duriron

Screw

J25c

iquar.i

A

4r'r

Power

$4.50

Federal

t35c

com.

(quar.)
preferred
(quar.)

Driver-Harris

Pont

12-12

2-13

12-13

25c

$25c

Industries

Dunlop

12-26

2-27

4

$2.50

Extra

15c

(quar.)

Corp.,

4'/2%

1

Chemical, Ltd.—

Corporation

&

12-

15c

Year-end
Dresser

12-10
11-29

Fenton

12-

183Ac

Quarterly
Farquhar (A. B.) Co. (quar.)
Federal Bake Shops, Inc.
(year-end)
Federal Mining & Smelting (year-end)
Federal Mogul Corp—
Federal
Motor
Truck

12-10

1

11-29

12-22

50c

Extra

Glen
12-10

62V2C

preferred (quar.)
Girdler Corp.
(quar.)

Gleaner

$2.50

(quar.),

12-15

share

(quar.)

common

Extra

15c

Finance Corp. (stock dividend)
Famous Players Canadian (increased quar.)
Fansteel Metallurgical Corp
—
Farmers
&
Traders
Life
Ins.
(Syracuse,
Y.)

Company

$5

25c

1-2-48

1-16

12-31

—

37'/2c

(monthly)

Ltd.,

Y.)

N.

(year-end,)

Products

(The)

N.

1-25-49

65c

(Syracuse,

Co.

Insurance

Fabricon

12-30

J 40c

2nd

Draper

6%

12-27

15c

preferred

Easy

Ex-Ceil-O Corporation (quar.)

2

$1

12 '/2 c

Extra

15c

;

Chemical

$6

12-12

1-

6-30

50c

(quar.)

90c

(quar.)

voting trust
preferred
(quar.)

$2

12-27

Products

15c

Co.

Common

$1

12-

€2'/2c

Mfg.
Oil

Common

$7

12-10

25c

common

Dominion Tar &

$2

Evans

20c

5%
preferred
<quar.)
Dominion Square Corp., Ltd. (quar.)
Dominion
Stores.
Ltd.
(increased)

ed

11-24

1-2

3-31

7-26

50c

11-29

12-10

12-24

4-26

$1

12'/2c

12-15

1

12-31

87'/2c

tax

State

(s-a)
Eureka Williams Corp. (quar.)

$15c

(quar.)

preferred
(quar.)
Dominion Malting Co., Ltd.,

6%

Erie Railroad Co.

75c

7%

6%

Pennsylvania

11-29

a2>/2%

Extra

East

11-29
11-29

15c

Dominion

6%

2

12-15

37'/2c
„

Extra

Eaton

1-

12-15

50c

Dominguez
Monthly
Monthly

&

11-29

Family

iquar.)

Doernbecher

E.

2

25c

Extra

Duval

1-

12»/2c

Dixie Home Stores (extra)
Dobeckmun Company
Doehler-Jarvis (increased quar.)

Durez

11-29

7'/2%

Ordinary (interim)
Corp.-Seagrams

du

2

a2'/a%

Distillers

District

Dunn

l-

Per
Name of

2-20

1-25

$1

25c

(quar.)

Special

5%

preferred (quar.)

preferred (quar.)
4% preferred (quar.)
Erie & Pittsburgh Railroad 7% guar, (quar.)
Payment of 80c after deduction of 7'/2c
4%

15c

(quar.)

Disston (Henry) & Sons (quar.»
Distillers Co., Ltd., ordinary (final)

Dun

4%

II-29

35c

(quar.)

Co

Diebold, Inc.
Disney (Walt) Productions, Inc.—
6%
convertible preferred (accum.)

7%

a

1- 2

(quar.)

3-15

$1

—,

50c

Chemical

Extra

Duke

I-

1-15-48

Bolder*

Payable 0/ Rec.

25c

(resumed)
convertible preferred

50c

When

(2353)

Gillette Safety Razor,

50c

Almy

Diamond

Dravo

4%

25c

(quar.)

Alkali

Diamond

$4

Common

1

15c

&

Diamond

$1

1

12-

25c

quar.)

Extra

Dow

12-

12-15

25c

Oil

Share

Name of Company

Emsco Derrick & Equipment-

12-15

$4

Extra

Devonian

Dixie

2

30c

B

Diana

12-

lc

Extra

Dewey

12-22

lc

Raynoids, class A (increased quar.)

Class

Per

Holdere

Payable of Rec.

10c

Detroit Mortgage & Realty (quar.)
Extra
Detroit River Tunnel <s-a»
Devoe &

When

FINANCIAL CHRONICLE

COMMERCIAL &

12-30

12-20

Stock

dividend

shares

Hoover

Co.

share

$1

com.

(quar.)

pfd.

12-16

Home

12-20

12-10

Hotels

Statler

12-

5

12-20

12-

8
8

four

90c

(quar.)

Horder's, Inc.
(Joseph)

12-30

25c

12- 1

12-22

20c

each

for

12-22

25%

(One

held)

Extra

4'/2%

10c

Co

& Bearing Co.—
dividend (year-end)

Cash

1

(year-end)
Co, 6% preferred

Co.

(year-end)

12-20

12-

$1.12'A

12-30

12-20

30c
75c
75c

12-20
12-15
12-10

12- 8

12-"l

50

THE

(2354)
When

Per
Name of

Share

Company

(year-end)

Houdaille-Hershey Corp. com.
$2.25 conv. pfd.
Household

3%%

.

preferred

Houston
Houston

Natural

5%

&

Co.

(Texas),

Co.

Hubbell

for

vtc

common-

Motors

(Harvey),

Co.

12-12

12-29

12-12

12-15

12-

Inc.

RR.

pfd.

$6

11-20

1

$1

12-10
12-15

12-

50c

(Leased

12-15

12-

12-30

$1

Lines)

12-20

12-

12-15

12-

Lawrence

1

i-

2

12-

8

10-

12-31

tlOc

Leatrt

Industrial

$2
-

5%

Corp.

(quar.)

6%%
preferred
(accum.)
Ingersoll-Rand Co., 6%
preferred
(s-a).__
Inspiration Consolidated Copper (year-end)

12-10
3-10

(initial)
Cigar Machinery

International
Preferred

Educational

Special
Common

4>/2%

(quar.)

Corp.

10-31

Lit Brothers 6%
tattle

1-15-48

12-15

11-

12-

2
2

12-

Miami

Speoial
Special

5

Common
12-30

12-12

Loew's,

$1

12-30

12-12

Loft

t40c

12-20

11-20

12-20

11-20

Lone

Canada,

Ltd.—

•

International

75c

(quar.)

$4

preferred

(quar.)

j__

International Power Co.. Ltd. 6% 1st pfd. (s-a)
International Products Corp. (year-end)____
International Railways of Central America—

5%

preferred

$4.80 pfd.

(The)

Interstate

Natural

Intertype

Gas

Corp.

&

1-10-48

12-12

Louisville

12-27

12-15

Extra

12-31

12-15

pfd. C (accum.)
Public

Service,

$3.75 preferred

12-15
12-15
12-15

Southern

Utilities

Ironrite Ironer Co.

12-

1

M.

12-

1

Mack

Jaeger

Machine

Jamaica

Co.

Public

Macy

12-15

$1.50

55c

12-

1

12-

1
1

12-15

12-

10%

12-31

12-10

Maine

12-15

11-28

Mallory

2

12-12

1-

2

12-12

Year-end
Maltine

Mangel

Manhattan Shirr. Co.

11-28

2

11-28
11-28

xl%%

1-

2

11-28

1-

2

12-15

60c

12-20

12-12

51c

12-15

12-

5

55c

12-11

12-

1

(quar.)

pfd. (quar.

$1.75

i

(quar.)

(initial)

pref.

_

(year-end)
pfd.

$4

Common
&

Jones

&

5%

Laughlin

Steel,

K.

pfd.

&

7%

pfd.

(quar.)

&

Co.

(quar.)

12-

12-10

11-28

12-10

11-28

2c

12-15

12-

5

2-14

2-

6

15c

12-15

12-

5

1-

2

12-13

1-2

12-13

11-30

1-. 2

12-15

-■

12-15
1-15-48
1-

3

Canada,

(quar.)__

Ltd.

12-10

137%c

12-20

iquar.l-

$1.12%

1-

2

12-

1

1-

2

12-13

11-22
12-

5

12-16

2oc

Mines,

Ltd.

(interim)

12-22

12-

1

$1.50

;

12-22

12-

1

$3c

12-30

11-29

6V4C

___

Industries, common
Manufacturing Co. (quar.)

Keystone

1

12-15

25c

Kerr-McGee Oil

12-31

11-20

3c

&

(quar.)

Extra

Mill

(quar.)

Kimberly-Clark,

common

convertible

2nd preferred

preferred

King-Seeley,
Common

Kingsport

5%

(quar.)
(quar.)

Inc.

(quar.)

1

12-

1

11-28

1-

2

12-12

$1

1-

2

12-12

1-

2

12-12

25c

1-

2

12-15

25c
20c

(quar.)

Extra

20c

Kingston Products Corp. (s-a)
Kinney (G. R.) Co., common
Kinney Mfg. Co., $6 non-cum. pfd.
Kirby Petroleum Co. (year-end)
(D.

12-

12-15

12-10

$1.12 %

preferred

(increased)

Press,

11-15

35c

(quar.)
conv.

11-15

12-15
12-15

$4

Wire

12-15

25c

_

Steel

5c
50c

Extra

Keystone

Klein

12-15

25c

-Kerr-Addison Gold

Kleinert

1

25c

Kendall Company,
4 '/a %
preferred
Kennecott Copper Co. (quar.)

4% %

4

12-

$1.12%

Extra

4%

4

12-

12-15

Emil)
(I.

B.)

&

Co.

Rubber

(stock
Co

12-15
12-31
12-31

11-29
12-

5

12-

5

10c

(quar.)_

dividend)
-

12-15

11-24

25c

Knudsen Creamery Co., common (quar.)
Koppers Company, common (quar.)
4% preferred (quar.)—




1-2-48

12-20

12-31
6

&

4V'4%

Co.

12-26

12-10

$1.50

12-15

12-

20c

1

Electric

pfd.

12-

9

1-

2

12-23

12-11

12-21

8

11-21

12-23

12-3

12-23

12-23

(quar.)

(quar.)

Mastic

Asphalt

Mathews

(year-end)

Corp.

Conveyer

Co.

--

(quar.)

preferred

common

(quar.)

Mayflower Hotel Corp.

(Wash., D. C.)

Mclntyre Porcupine Mines,

1*
1*

McKesson &
Bobbins, common
$4 preferred
(quar.)
McKinney
Mfg.
Co

12-15

11-29

McPhail

Candy

5%%

class

Mengel

A

Co.,

(quar.)

—

Stores

preferred

Merchants

&

12-12

10-14

preferred

common

(s-a)
(quar.)

—_—

(quar.)

Miners

Transportation

11-25

Motor Wheel

12-31

12-12

t$1.25

12-15
1-

Refrigerating Co. class A (quar.)

B

(quar.)
Merck & Co. (com.)

(Increased quar.)

Extra

$3.50

12-

2

12-10
1

12-

1

Mesta

IOC

12-13

12-

3

Metal

Forming Corp

12-19

Metal

&

—

12-19

7%

Machine Co._

Thermit

preferred

Corp.,
(quar.)

common

(quar.)

—

11-28

12-19

12-

9

1-

2

12-

1

1-

2

12-

1

12-

1

11-18

12-15

11-25

t25c

Common

1-2-48

12-13

11-14

$12C

12-15

12-15

11-14

12-16

12-

2

12-16

12-

2

1-

2

11-28

1-

2

11-28.

2

11-28

+25c

1-

+ $1.75

1-

2

t $1.75

1-

2

11-28

1-

2

12-15

1- 2

12-15

1-15

11-26
11-30

2

12-19
11-28

1-

12-10

—

1- 3

1- 2
2

12-23

12- 1

12-15

1-

12-

1-20
1- 2

1

1- 2
12-20

common

Works,

Water

Muncie

pfd.

8%

Muskogee Co. (quar.)
Mutual Chemical Co.

12- 6

12-31
12-15
12-15
12-10

12-15
12- )

Namm's, Inc.

11-29
11-25

National Acme Co.

12-10

11-25

B (quar.)

Co.,

common

Casualty Co.

—

12-1$

1-

2

1

12-15

12-15

12-

5

1-15

1-

5

12-15

12-

1

12-19

12-

1

12-22

12-

9

1-15-48

12-

9*

1-15-48

12-

9

2

12-

t50c

1-

5

12-31

Fire

1-15
12-20

12-

$1.75

12-31

12-15

25c

12-15

11-28

25c

12-15

11-28

25c

12-15

11-29

1

12-13

1-

5

12-10

11-15

11- 6*

1 %%

12-10

11-

45c

12-10

11-19

$2.50

12-13

12-

2

$1.50

12-13

12-

2

for

(quar.)

2nd

preferred
(Hartford)

Insurance

(quar.)

50c

1-

2

5*

12-15

50c

National Folding Box

12-15

12-

8

—

Lead

(increased quar.)

com;

Extra.

12-11

50c
25c
25c
60c

12-29
12-10
12-10
1- 2

12-10*
12- 5
12- 5
12-12

1- 2

12-12

1- 2
25c
1- 2
75c
12-23
25c 1-15-48
25c
12-10

12-12
12-10
12- 5

National-Standard

1- 5
11-28

National Tea

7%

preferred

6%

pid. B

A

National- Sugar

5

12-20

12-

4

12-20

12-

4

12-15

11-34

2

1-12

15c

1-2-48

12-15

1-2-48

12-15

1-2-48

12-15

12-20

12-

25c

(quar.)

Co

Machinery

Co.

Corp.

12-

15c

com.

Co

National Safety Bank & Trust Co.
Year-end
National Steel

1-1-48

$1.12%
$1.25

Corp.,

preferred (quar.)
preferred
(quar.)
Rubber

8

12-22

12-12

$1.50

Service

Radiator

8

12-

$1.75

(quar.)

(quar.)

Linen

12-

12-19

25c

(year-end)
National Hosiery Mills. Ltd. (quar.)

12-15

$l5c

——

——

_

50c
50c

$1

Exti'3#

(N. Y.)

$1
50c

$1

(quar.)

Refining

2-

1

—

(quar.)

(increased)—.

50c

1-

2

12-15

1-

2

12-15

12-12

11-29

1-

2

12-15

Co.—
53 V'bC

preferred (quar.)
preferred (initial)--

Nazareth Cement

7%

12-26

12-10

1st preferred

3.8%

12-

20C

non-cum.

12-11
11-28
1-31

12- 8
12- 1
12-10

11-27

30c

non-cum.

1- 2

•:

9

12-

12-12

(quar.)

5%

12-31
12-15
2-16

12-20
12-10
12-22

12-17

12-15

quar.)
of a share

(Del.)

3%

National

2

12-19

$1

dividend (15/1000
share held)

Dairy Products
National Erie Corp.—

National

1-

4

50c

(quar.)__

Lines, Inc., common

National

National

1

11-28
12-

40c

(quar.I

preferred (quar.»___
(Detroit) (quar.)

National Cylinder Gas—
Common
(cash dividend

National

12-

12-15

35c

—

Stock

12-15
12-19

50c

$i preferred A (quar.)
National Container Corp.

4V\%

12-15

50c

Year-end

5%

1-2-48

25c

(quar.)
Register Co. (quar.)—

Cash

National

414%

12-15

75c

Ltd.

Breweries,

National

.

12-12

1-2-48

$1.80

Extra

$1.25
25c
$1.75

20c
,
35c
$1.75

12-12

12-26

25c

25c

National Gypsum Co.

12-16

11-29

11-29

12-26

40c

Biscuit

National

12-12

1- 2

12-15
12-15

25c

(extra)

National City

12-17
12-11

11-29
11-29

40c

(increased)

Corp.

Nash-Kelvinator

11-14

12-27
1- 2

11-14,

12-15
12-15

10c

12-15

25c

11-17

11-14

$1.1R3%

(quar.)

National

12-20
12-15

8

12-15

$1

Additional

National Casket Co., $7

12-30
1- 2

12-

12-15

25c

12- 3

133-iC

1

50c

Corp.

12-3
12- 3

62 %c

12-10

$2

(quar.)

preferred (quar.)
(F. E.) & Bros.

6%

12-24

12- 2
1- 2
12-16

12-20

America—

of

12-24

11-1

12-

$6

30c

Inc. (year-end)
Murphy (G. C.) Co. com. (extra)
434%
pfd. (quar.)
Murray Corp. of America
Muskegon Piston Ring

12-19

1-2-48

11-21

1-

40C

Nachman

12- 1
12-1
12-13
12J19*

12-15

12-18

—

Myers

12-15
12-15
1-1-48
12-30
1- 2

2

12-10

62V4c

(s-a)

Manufacturing com. class

12-13

12-24

3

30C

Extra

Mullins

12-20
12-20

12- 1
11-28

12-15

20c

(s-a)

Co

Brass

1- 2

12-15
12-10

12-15

12-30

30c

participating preferred
Participating

5%

Mueller

1-15
1-15

50c
37%c
37 %c

11-23
12-

12-31

30c

Brewing Co.,

Munsingwcar,

12-15

12-16

12-10

30c

12- 5*
11-21

12-19

30c

(s-a)

Extra

11-28

1-15
12-15

12-19

12-29

12-31

Inc.—

Fuel

Producers

Muehlebach

12-26

$1.06V4
25c

12-29

37V4c

30c

12-26

12-10

11-28

10c

Mountain

12-15
12-10
1- 2

12-19

1-

87 V4c

50c

(year-end)
Supply

Mountain

25c
30c
$1.50
40c
25c

1

63V4C

40c

Corp. (quar.)

Motorola, Inc.
(year-end 1
Mount Vernon-Woodberry Mills,

8

13%c

62%c

:

12-20

$2

(quar.)

pfd.

12-26

87%c

preferred (quar.)
Publishing Co. (quar.)
Mergenthaler Linotype (irreg.)—Messenger Corp.
Messer Oil Corp

Meredith

12-

2

4%%

11-29

1-15

Co.—

Quarterly
Merchants

t25c

1

25c

Motor Products Corp

12-18

1

50c

1st

12-18

25c

12-15

25c

-

convertible

9

593/sC

12-

25c

(accum.)-

common

Year-end
Mercantile

Class

preferred

12-15

National

preferred (initial)
Telephone Co., 5% pfd. (s-a)—
Megowen-Educator Food Co.—

12-15

1-

37% c

Morgan (J. P.) & Co. (quar.)
Paper Mills com. (quar.)

1-2-48

Corp.—

convertible

12-

2

62 V2C

—

Morris

$3
25c

60c
12-15
$1 1-15-48
4c
1-2

Meadville

8

1-

593/«c

————

—

convertible

$2.50

12-15

—

quar.)

(initial

common

Extra

each

(quar.)

9

12-

Moore-McCormack Lines—

11-3

12- 5

11-28

12-

15c

r—-—-7—

12-

Ltd.—

Year-end

12-17

1-

Extra

12-

12-15

12-15

t$103

7%

New

12-20*

t55V2c

4%

11-29

2

t$1.50

12-15

1

1

12-

1-

1-2-48

62V4c

Ltd.—

(quar.)

Corp.,

12-12
12-15

12-

75c

Co., Ltd., pfd. (s-a)
McCord Corp. $2.50 preferred (quar.)
McGraw (F. H.) <fc Co. $1.50 pfd. (s-a)

f25c

2

__

preferred (annual)
Ltd., common

1st

11-26

1-

t30c

(quar.)

(annual)

12-15

12-15

$$1.00(4

M.)

12-23

$1

5%

11-28

12-15

$2

J43c

Montreal Refrigerating & Storage,

Moore

l'Ac

1-

tic

Chemical

preferred

11-28

12-16

—

(interim)

Ltd.

Porcupine Mines,

Common

12-15

12-16

20c

50c

(quar.)__—

Equipment 5% pfd. (quar. )1—
Co., $3.50 pfd. (quar.) —
Montreal Cottons, Ltd., common (quar.)
7%

2

25c

1:$1.12V4

r—-

Monroe Auto
Monroe

6

12 '/2C

(quar.)

(quar.)

Monarch Machine Tool
Moneta

11-15

t50c

Ltd.—
quar.)

(increased

preference

12-15

20c

preferred (quar.)- — preferred A (quar.)
7% preferred B (quar.)
Moore Drop Forging com. (quar.)
434% conv. pfd. (quar.)

25c
50c
$50c
--62%c

r—

(Lt

12-12

2

.4(4%

11-26

75c

m'/aCi

:—

America

of

Knitting Co.,

Common

12-

12-12

50c

(quar.)

Corp.

Molybdenum

—

r—

Extra

Company

Extra

25c

1-

Ltd.

Molsons

—

Initial

McBrine

(s-a)_

Mojud Hosiery Co., common—
5%
preferred (quar.)
Molson's Brewery, Ltd. (year-end)

$1.75

Works,

Year-end

Maytag

pfd.

4%

Mills

Carpet

11-30

12-15

30c

—*

J,r. ir-r.n

1,

Containers, Ltd., class A (quar.i
Modern TOol Works, Ltd. (quar.)
Mohawk

11-29
11-29

8

15c

Corp

RR.,

Birmingham

&

12-12
12-12
12-

—

^

Service

25c

Alkali

5%

40c

2'

Mobile

1

$1.25

(quar.)

Corp.

30c

Mathieson

11-25

20c

Modern

12- 3

12-23

12-10

47C

——

Public

12-22
12-

50C

quar.)

Corp.

OiftSS

12-11

12-

12-15

1-15
12-16

50c

(year-end)
Regulator Co-

Mississippi Valley Barge Line Co. (year-end)
Pipe* Line, common

11-27

12-21

1- 2

15c

(quar.)

Appliance

$1.06V4
5c
$25c
60c

(quar.)

Corp

Extra

7'7o

preferred

Mission

12-15

$25c

9-29

80C

Missouri-Kansas

12-11

1-

6-20

25c

(quar.)

$20c
$17%c
40c

(quar.)

Mar-Tex Realization

5%

5%

Mission

12-22

12-31

7-2-48

Street

Fifth

Minnesota

2-23

$2

(quar.)

formerly

preferred (initial quar.)
Valley Canning Co., class B

$4

3-20

25C 10-2-48

(quar.)

Common, (increased

2-23

Ltd.—

Extra

50c

Common

11-21

$1,10 3-10-48

(quar.)

J.)

67%c

Son

&

Marshall Field

7%

(D.

60c

(M.)

Co.

12-

1-1-48

Co.

(quar.)
pfd. (quar.)

Master

1-5-48

Telegraph

Common

7%
Marsh

Ltd.

12 %c

(quar.)

(quar.)
of

80c
12-10
-SOc 3-10-48

t25c
$1.25

preferred (quar.)

5%

Massey-Harris,

25c

Special

Marathon Corp.,

2

$1.75

(quar.)

Extra

Kellogg Company

2

60c

(interim)

Ltd.

Maritime Telephone &

12-

$1.50

Drug Co., common
$4 .50 preferred (quar.)

Corp.

Gardens,

11-28

9

5c

(quar.)

Katz

-Kelvinator

Leaf

12-

60c

__

Electric

(Julius)

Maple

.

3-20

(quar.)

Minnesota Mining & Mxg. Co.—

12-15

60c

(quar.)

Extra

12-12

$2.25

quar.)

Mfg. Co

Kansas Gas

Kilbu-rn

2

60c

(increased

Battery Co. (quar.)
Kalamazoo Vegetable Parchment Co.

Kayser

2-

$1

W.

$6

2

50c

.

Extra

Justrite

1-12

2-

1-31

»$1.25

common

A
(quar.)
& Supply, common
preferred
(s-a>

Manufacturing

12-

1- 2

t$7

Semi-annual

50c

(quar.)

Mfg.

4V2 %

2

(extra)

Mapes Consolidated Mfg. Co.

10c

Machine

preferred

Joslyn
Joy

(extra)

Lamson

1-31

$1

2nd pfd. A (quar.)
3%% 2nd pfd. B (quar.)

2-

87 %c

(s-a)

4%

Jones

12-19

Manufacturers Life Insurance Co. (Toronto)—

2

8%

1*

35c

(quar.)_

11-28

1-

new

12-

25c

Company, 4(4% conv. pfd.
Stores Corp. (quar.)

11-25

1-

Johnson

(quar.)

2

Xl3/4 %

&

(quar.)

Co.

2

Xl V4 %

Johnson

&

1-

(quar.)

Johns-Manville

Service

R.)

1-

(quar.)

Stores, Inc.,

(P.

12-10

(quar.)

Co.

Public

40c

C

Tea

1*

12-19

50c

$25c

B

Brown

12-

20c

(quar.)

(quar.)_

preference

Jim

—

com.

11-28

com.

4-2-48

25C

(quar.)

prior

Minneapolis-Honeywell

1

Ltd.—

12-22

preference

jewel

Structural Steel,

$3c

5%

Jeannette Glass Co. 7%

Consolidated

Inc.

x$1.75

Ltd.,

25c

preierred

prior preferred
preferred
prior preierred

prior

%c

(s-a)

(interim)-

Ltd.

12-20

$2.25
10c

Co.

(R.

37 %c

(increased)

D

M.

&

Drug Stores Co.

Mahon

1-

12-19

$1.50

Magma

12-15

15c

11-17

$17%c 1-15-48

(quar.)

(quar.)___
Copper Co. (quar.)
C.) & Co., new common (initial)
Maine Central RR., 6 %
prior pref. (quar.)_

12-15

7%

preference

Ltd.

pfd.

25c

preferred

5%

M.

Mading

2

7%

A

_

pfd. (quar.)
(R. H.) & Co._

12-15

2

25c

Co.,

Service,

(s-a)

MacKinnon

20c

Mines

Co.

12-15

2

(quar.)_

1-2-48

25c

(quar.)

1-15-48

1-

dividend)

25C

—

88c
15c

(quar.)

RR.

Mortgage

M.),

Trucks,

1-

Co

(stock

;,.9-20

Inc., common

preferred (s-a)
Minneapolis Brewing Co.

5*

$1.75
$2

:

(year-end)
MacKinnie Oil & Drilling

12,-15

10-2-48

(quar.)_■

5%

11-17

12-17

25c

Nashville

(W.

&

1-

Extra

Mountain

J.

933/4C

Irving (John) Shoe Corp., 6% pfd.
I-rving Trust Co. (N. Y.)
(quar.)

12-17

12-

25c

(interimi

common

12-15

$1.75

(quar.)

15c

,

25c

(quar.)

Mfg. & Sales Co. (quar.)
Lynchburg & Abingdon Telegraph
Lyon Metal Products (quar.)

$1.62 %

-

common

12-

$20c

1-15

■

12-15

12-20

87%c

Ludlow

12-26

5%

(quar.)

___

1

.

Lowney

12-15

1-15

t75c

—

(initial)

com.

Extra

12-31

40c

preference
(quar.)
Iowa Electric Light & Power Co.—
7% preferred A (accum.)
€%% pfd. B (accum.)

Co.

Title

$35c

(interinft)

com.

convertible

Island

Louisville

60c

Foundation, Ltd.,

6-20

25c

$1.50 pfd.

Stores, common

12-10

$2
37%c

quar.

12-11
11-12

1

7-2-48

4C

20c

Increased

1

1

$1

Extra
Investment

Ltd.,

(quar.)
investment Co.

I-

12-

25c

$1

11-28

1

15c

(quar.)

Co.,

12-

30c

(quar.)

4-2-48

Hart,

Missouri

1-

Louisiana Land & Exploration—

50c

(year-end)

(quar.)__
_J._

preferred

Angeles

$1.25

—1

Stores

12-12

$1.75
37%c

50 c

(P.)

$1.20

(quar.)

(interim)

Co., common
preferred (quar.)

prior

Department

Iowa

2*

433/4C"

pfd. <(jiur.)-_—

7%

Corp.,

Interstate

Iowa

12-

12-20

25c

&

Refineries

Milliron's

12-23

75c
Gas

$1

Bakeries

Hiterstate

6%

12-16

preferred

Extra

5*

$1.25

Year-end

6%

12-

Cement

Star

7%

11-24

12-15

Star

Lorillard

12-10

1

$1.25

$1.50

Interstate

2

Lone

Los

Common

5%

1-

12-10

$2

(irreg.)

International Silver Co.

11-24

$$1.50

(accum.)

International Salt Co.

11-24

12-15

—

Year-end

11-24

12-15

$1

(quar.)

common

12-15

$1

Paper,

Extra

11-29

1-2-48

Monarch

(quar.)

t40c

of

11-14

25c

$1

12-23

2

10c

Corp.——

Extra

Co.

2

1-

$1.50-

(monthly)

Inc.

Candy

1-

37%c

(quar.)

Pipe Co., 8%

Quarterly

Nickel

11-14

12-15
12-15

$1

12-23

50c

quar.)

(irreg.)

London Hosiery Mills,
Class A (quar.)

International

12-15

3714 c

$1

1

2

common).:..

pfd. (quar.)

guaranteed

Lock Joint

5

(resumed)

15c

(s-a)

Common

RR.—

guaranteed
Original capital

-

40c

L_

share of

:

12-15

$$1.12%

_

(3la

(increased

12-31

Chemicals—

(quar.)
preferred (quar.)

'■

Co.

—

Common

12-23

50c

"

(s-a)

common

12-10

Commoh

■

(cash dividend)

dividend

Oil

2

1-

$1.25

(irreg.)

—

Extra

11-28

Ltd.—

—

International Minerals &
Common

Stock

12-

1-

5c

(quar. )

Line.Material Co.
Lion

12-15

30c

preferred

Co.,

preferred

Miller

11-28

30c

Lily Tulip Cup Corp
Lindsay Light & Chemical

2-19

12-10

12%c

j

1-15-48

$40c

$1

i

Oil

Mid-West

12- 5

5c

Liquidometer

(quar.)

!'

(quar.)

^

$1

(quar.)

com.

Industries,

A

preferred

7%

Publishing—-

Co.,

(quar.)

Glass

(quar.)

Company

2

12C

11-22

(quar.)

Corp

Extra

8%

12-31
11-28

Co.

50c

Inc.-

Brothers, Ltd.

$1

Metal

"class

12-15

11-20*

12-10

20c

________

-International

40c

$25c 1-31-48
50c
12-10

Refineries,

Extra

12-15

12-15

11-14

Bumper

Midwest

12-15

5c

1- 2
12-15

30c

(accum.)
Harvester

International

4%

1-15

$1.50

11-14

12-10

Class B

8

$37 %c

(quar.)

common

International

12-

9

12-15

12-10

2

8

12-23

$1

12-

45C

12-22

2

Life Insurance Co. of Virginia
Liggett & Myers Tobacco—

3-1
12-

12-31

l-

6

2

1-

$1

International Business Machines
New

3-10

12-23

1

1-

preferred

Extra

1

5

50c

Midvale

12- 1

50c

1

$3

_

International Bronze Powders, Ltd.—
*6% participating preferred, (quar.)—

1212-

12-

12-15

62Vic

11-25

12-10

16c

_

12-10

16c

(accum.)

12-12-

16C

quar.)

preferred

12-

12-

11-25

12-15

$3

Liberty. Fabrics of N. Y. (quar.)
Liberty Loan Corp., class A

1

12-20

12-12

$1

(s-a)

12-15

12-10

Year-end

1-15

1

75c

(increased

Silica,

6% %

2-

•

10c

Rayon Corp.

Co.

Midland Oil Corp. $1 conv. pref.

25c

11-25

2

Libby-Owens-Ford

12-

:

preferred

40c

12-19

1-

12- 4L-

1-

Leslie Salt

12-15

15c

Industrial

Cement

common

Lewis

20c

Industrial

(s-a)

12-11
12-12

12-15

1-15

11-26

$75c

11-20

2

1-

15c

11-25
11-26

12-15

12- 4

12- 1

$1.6214

60c

Michigan

12-12

12-15
12-15

Holdert

1-2-48

$1.50

(quar.)_

12-20

12-27

preferred

When

Payable of Rec.

9714c

Mickelberry's Food Products $2.40 pfd. (quar.)

12-20

$1

(accum.)

6%

12- 5

2

1- 2

25c

12-1

(quar.)

Extra

Co.,

1

12-31

(quar.)
Industrial Bancshares tquar.)_
Brownhoist

pfd.

conv.

1-

75c

1

12-31

12-15

25c

Leather

12-

12-31

preferred

Industrial

C.)

12-

12-31

—

_

7%

12-1

J50C

t$1.06V4
$$1.25

(increased quar.)

12-24

37%c

._

(quar.)

Portland

&

Leonard

(quar.)

1-10

(quar.)
Leland Electric Co. (year-end)

12-12

tl2%c

class A

preferred'

6%-%

>-

11-24

(quar.)

11-18

1-2-48

8

25c

Extra

Acceptance Corp., Ltd.—

non-qum.
Extra

4%%

$1.25

12-

$1

$2.50

(quar.)"——L'.

A

11-24

25c

Lawyers Title Insurance, 6% preferred (s-a)'
9

12- 8

62%c

Year-end

Indianapolis Water Co:—
preierred

(irreg.)—

(quar.)—

Extra

12-11

3%

tmperlai Chemical Industries, Ltd.—
Ordinary (interim)
Imperial Tobacco Co. of Canada. Ltd.——
5%

(A.

Lawrence

$2

Co.

Langley's Ltd.,

—

(s-a)

1-15

15c

Extra

5

$1

(accum.)_

preferred

Lane-Wells

12-20

12- 3

1-22

15c

Landers, Frary & Ciarx (quar.)
Lanett Bleachery & Dye Works
(quar.)

1

12-10

50c

$2.50

1

11-15

15c

H.), Inc. (extra)
Lamson & Sessions
Co., common
Common (irreg.)

12-22

12-15

50c

(M.

12-29

Metropolitan Edison Co., 3.90% pfd. (quar.)
Meyer (H. H.) Packing Co.—
6(/2% preferred (quar.)
Michigan Associated Telephone Corp.—

11-18

12- 8

$18c

(year-end)

12-11

12-19

50c

Machine

per

8,1947

Share

Name of Company

11-18

$1.21%

(quar.)

Ishpeming RR. Co

Foundry &

Lamston

11-10

40C

(year-end)

Products

Central

guaranteed

11-14

12-

Holier a

12-11

$1

Extra

12-10

12-15

$1.25

(quar.)
Pressed Brick,

Hydraulic
Hygrade Food

12-20

31»/4c

preferred

Lakey

When

Monday, December

Payable of Reo.

50o

Year-end.

12-10

t75c

(quar.)

Mining & Smelting
Hudson Pu'.p & Paper Corp. 5% pid. A (quar.)
Humble Oil & Refining Co
Hussman Refrigerator Co.
(extra)
Huttig Sash & Door com.
Bay

12-20

share

(quar.)

CHRONICLE

25c

Lake Superior &

12- 5

40c

Co.

(S. H.) & Co. (extra)
Kroehler Mfg. Co., 4%%' preferred A
Lake Shore Mines, Ltd.
(quar.)

2

12-20

Company

S.)

Kress

12-12

15c

(extra)

Extra
Hudson

4%

12-29
12-29

$2

Electric

Illinois

11-20

50c

(quar.)

5 %

12-31*

50c

Oil

Howell

1-15

12-10

50c.

(S.

Extra

12-31*

50c

com

Sound

Howe

12-20

2

62 %c

Gas

Kresge

933/4c

(quar.)

Power

pfd. (quar.)

Houston

1-

FINANCIAL
Per

Name of

5

1-15

50c

(quar.I

(quar.)

Lighting

12-

12-20

56 V4C

(quar.)
Corp. com.

Finance

&

Holtert

Payable of Reo.

50c

—

COMMERCIAL

preferred

Co.,

(s-a)

common

2-15

2-5
2-

5

47 %C

(year-end)__

2-15

75c

12-15

11-28

$3.50

12-15

11-28

Volume

166

Number 4653

THE
Per

Name of

Neisner

Company

Brothers

Share.

tquar.)

Extra

(Herman)

Nestle-Le

Mur

New

England

New

A

England Lime

Fire

Insurance

(quar.)

4%%

New Haven

New

Mining

New

Air

York

Extra
New
6 %.

Louis

RR.

pfd.

<s-a)___

(s-a)

Mfg.

Co.

(year-end)
Corp. (year-end)

Mining
Electric

25c

2

12-22

12-19

1-

12-10

1-

2

1-

2

12-10

12-12

1

inc.

tquar.)

&

Dry

Dock

5

12-19

12-

12-10

11-30

Noranda

8

&

(increased)

Western

Railway

(initial

American Car

19%

Power,

Philco

12-15

12-

5

tquar.)

_

be

12-10

11-12

Pitney Bowes,

Rayon,

Central

Texas

class

Oil

Penn

Railroad

North

River

A

12-20

North Star

Ltd.

Oil.

Co.

11-29

15c

7%

Northern
Northern

Natural

Northern

Ry.
Greyhound Lines

Northland

pfd.

12-

12-10

3

12-6
11-25

30c

12-20

12-

5

12-26

12-

2

2-2

1-2

$9

12-10

11-29

1-

2

12-20

2

12-16

12-10

11-17

each

10

15c

dividend)

(stock

Oil

Corp.

Ohio

Confection

Preferred

preferred

(quar.)

Ohio

Tube

Seamless

Ohio

Service

Oils

pfd. (quar.)__
(irreg.)

Co.

Holding

& Industries.

Old

Olin Industries,
Omnibus Corp.

Oneida,
6%

Ltd.,

Inc.,

pfd.

4%

A

of

payment

Co.

Power

Fibre Brush

Paper

Common

Co.

Pacific

Co.,

common

Extra

£iiock

•

shares

20

Co.,

Mfg.

Pan-American

additional

share

Eastern

Common

(s-a).:

preferred

Paraffine

1-15

Chemical

Co.,

11-21

1-

2

12-

12-

1

5

11-30

12-12

12-

12-15

12-

1

1-15

50c

1-

5

12-23
1-

2

1-2

12-12

12-18

12-

12-22

$3.75

12-22

11-

$4

12-22

(year-end)

convertible preferred (quar.)
Transportation (quar.)

"

50c

1-

2

12-15

1-

2

12-15

12-15

12-

1

12-15

12-

1

12-15

12-

Common

t40c

1- 2

12-15

12-10

11-28

Peerless

Cement

Penick &

1-2-48

12-16

75c

12-23

12-

12-19

11-28

15c

12-15

8

12-

1
1

Peninsular

2%c

12-15

12-

20c

12-24

12-13

12-

11-17

Telephone

Co..

12-15

11-29

$35c
$0.2083

12-15

11-29

1-12-48

1-

2

1-12-48

1-

2

25c

(year-end)

12-31

12-15

12-13,

11-28

$2
(quar

50c

1-1-48

50c

com.

Extra

12-20

F"*>

$3

preferred

8

$1

Corp

Ford, Ltd.

(quar.)




St.

Louis

St.

Public

(quar.)_-

(interim)

com.

Bank

&

Trust

(N.

25c

t

Y.)

3-15

12-10

11-15

1-15

12-15

common

Co.,

1-1-48

12-

1

12-15

12-

5

2

12-19
11-28

12-20

11-28

12-15

11-14

$1.75

11-14

12-15

11-14

60c

12-15

11-14

50c

1-15

12-15

$1.25

1st

pfd.

12-31

11-28

$1.75
pfd. (quar.)
(quar.)

12-31

11-28

$1

1-2

1-2

$1.75

12-15

12-

5

preferred-,

12-15

30c

1-1-48

50c

12-15

11-28

1st

5%

convertible

(George)

Fund

Loan

(quar.)__

(irreg.)

A

Co.

com

(quar.)

Co

Quaker Oats Co.

com.

11-28

25c

6% pfd. (quar.)
Quebec Power Co. (quar.)
Quaker State Oil Refining

12-15

$1.50

(year-end)

1-10

$1.50

2-28

12-

1

$4.50

A

2-

1

|25c

2-25
12-15

11-28

$12%c

12-15

11-30

2y2c

12-15

12-

1

25c

1

12-15

12-

1

$1

1-

2

12-

1

50c

Raybestos-Manhattan (year-end)
Rayonier, Inc., $2 preferred (quar.)
Reading Co. 4% 2nd pfd. (quar.)

1-

2

12-12

1st

1-

50c

Company
Silk Hosiery Mills,

common

(quar.)

Extra

preferred

(quar.)

12-18

11-20
12-

12-15

11-25

12-15

$1.25

preferred (quar.)

Red Owl Stores, 4%%
pfd. A (quar.)
Reed-Prentice Corp. (quar.)
Reeves Brothers, Inc.
(quar.)
Regal Shoe Co. (irreg.) (cash dividend)
Stock dividend
(One share for each

$1.75
$1.18%
30c
25c

$2.60

Water

Service

5c

1

11-25

1-

2

1-

2

Air

Line

conv.

2

12-

1

12-

2

RR.f 5%

preferred A

com

1-

2

12-

3*

12-15

12-

(quar.)__!

pfd.

of

5%

Grain

Co., Ltd., 4% pfd. (quar.)„
RenanCv. Insurance Co. (Phila.)
(s-a)
Reliance Mfg. Co., 3%%
conv.
pfd. (quar.)
Reliance Stores, Inc. (s-a)
Remington Rand, Inc., common
$4.50 preferred
(quar.)
Investors

Fund,

1

12-10

12-

1

20c

Extra

12-

30c

(quar.)

12-15

12-31

12-19

t$l

12-15

11-28

Semler

&

Co.

(R.

common

6% preferred A (quar.)
6% preferred B (quar.)
Republic Petroleum Co.. common

Serriok

Corp.,

Class

B

dividend

class

A

;

Shattuck

Co.

(quar.)

Shawinigan Water
Union

Oil

&

Power

Corp.

Revere Copper & Brass

Metals

p-'^'vion

"npii

Co.

(quar.)
5%%

com.

dividend

convertible

pfd.

(stock

preferred

Class

B

(quar.)__

dividend).

(quar.)

(quar.)
(quar.)

Simmons Co

Simonds

&

Steel

Co.

Year-end

$1.31%
10%
7v

$1.37y2

2-

2

1-10

12-31

12-10

12-31
1-

l

17-10#

12-19*

Skelly Oil Co. (year-end)
Skilsaw, Inc. (stock dividend)
shares

of

12-10

1

11-10

1-

2

12-10

1-

2

12-10

1-

7

12-18

12-15

12-

4

$1.25

1-

2

12-15

1-

2

12-15

12-

8

11-28

12-11

12-

22c-

12-15

11-25

12-15

11-25

-

3

12-15

11-25

12-10

11-18

1-2-48

12-17

12-31

12-12

12-22

12-

2

12-22

12-

2

2-25

12-16

12-

5

12-15

12-

3

25c

1-

1-16

2

12-15

59%c

12-31

12-15

60c

12-10

$$1.75

1-

11-29

2

12-

11-27
11-29

12-10

11-29

12-10

11-29

12-10

11-29

12-10

11-29

25c

12-10

11-29

12-15

11-28

12-16
12-15
12-24

12-

12-24

1

12-15

i

$1.50

12-12
12-12

$1.25

for

common

(initial

each

12-17

12-10
12-10
11-14

11-21
1

11-21
11-12

share

quar.)

12-12

30c

Sloane-Blabon

Corp., 6% pfd. A (s-a)
(Alexander) & Sons, common (quar.)

1-2-48

12-

•••

1

12-

12-12

$3

1

12-24

Extra

35c

12-10

65c

Extra

Smith-Alsop Paint & Varnish 7% pfd. (quar.)
Socony-Vacuum Oil Co. (quar.)

12-10

11-10

12-

1

11-20

12-15

11-14

87%c
20c
15c

Sommers Drug Stores conv.
pfd. (initial quar.)
Sonotone Corp., common

(quar.)

Extra

12-15

11-14

1-1

12-15

10c

12-19

11-19

Co.

Oil

12-

$1.37
25c

&

1-

2

12-15

5

1

12-15
12-

5

Gas,

com.

(s-a)_

12-15

$1

(extra)

(quar.)

Penn

11-19
12-

12-15

12 %c

Works

12-31

12-15

25c

12-29

12-10

62%c

(quar.)

1-

2

25c

com.

(quar.)

Extra

12-19

$2.50

Extra

Porto Rico Sugar

<

12-31

25c

(increased)

preferred

12-19

31 Vic

_<

Lathe

11-10

12%c
5c

Manufacturing

12-19

$1

1-

2

12-5

12-19
12-

5

12-

5

12-16

$1

8%
8%

pfd. ($25 par) (initial quar.)
pfd. ($100 par) (quar.)
Southern Advance Bag &
Paper, com. (quar.)

1-

2

12-16

50c

1-

2

12-16

$2

1-

2

12-16

California

preferred

preferred

Edison

(quar.)

20c

12-31

12-10

55c

Extra

Ordinal

5

11-19
1

$$1.12%

200%

common

Southern

9

12-26

12-10

—

held

4.32%

11-10

12-15
12-

$1.50

Extra

12-10

2

12-10

20c

12-20

2

12-31

10c

Simpson's Ltd., 4%% preferred (quar.)
Singer Manufacturing Co. (quar.)

Carolina Electric

12-

1-10

$1.10

(extra)

(quar.)

Bend

12-9

12-15

1-15

$1

Saw

Simplicity Pattern Co.

South

12-

5

12-11

$50c

_•

preferred

South

1

1-10

5

12.

12-15

25c

(quar.)

Silknit, Ltd., 5%

Extra

1-

12-

2

$1.50

Signal Royalties, class A

1-15

12-22

1-

50c

1-15

12-22

12-15

50c

(quar.)

2-2-48

25c

12-15

$2.50

$1.50

B

2-2-48

25c

12-20

$25c

Extra

Soss

$1.50

(resumed)

(quar.)

Extra

Class

South

2

25c

(year-end)

Breweries. Ltd. (year-end)
Oil & Gas Co., class A (quar.)

12 y2c

Republic Steel Corp., common (quar.)
Extra
I
prior preferred A

Corp.

4%% preferred (quar.)
Shepard-Niles Crane & Hoist Corp
Sherwin-Williams Co. of Canada, Ltd.—
7%
preferred (quar.)

South

12-20

1-

$1.50

(year-end)

Manufacturing

9

12-10

2

$30c

(quar.)

12-

11-25

11-25

1-

25c

1-2-48

11-25

5

25c

$1.12%

2

12-12

50c

(Frank G.)

9

1-

1-16*

30c

12-

12-10

12-

11-29*

$1.12%

(year-end)
(quar.)

1-2-48

12-10

12-15
12-12

2-1-48

25c

_

T

25c

2c

11-29

5c

$1.25 convertible preferred A
(quar.)
Sorg Paper Co., common (resumed)
5%%
preferred (quar.)

5c

12-15

12 %c

12-15

25c

8

11-29

$1.12

common

15c

Extra

5

12-

15c

Inc.,

15c

Republic Pictures Corp., $1 conv. pfd. (quar.)
Republic Realty Mortgage (annual)

12-

12-15

25c

tax_

(quar.)
!

(quar.)

$4.50
preferred
Sharon Steel Corp

5%

12-10

12-18

20c

12-15

^

2

20c

(quar.)___

1-1-48

Inc.—

12-13

1-

12-20

31 %c

50c

8

12-20

25c

(quar.)

50c

11-21

1

B.), Inc.—

Less 8% Mexican

11-21

1

12-

12-11

25c

(quar.)

87^c

12-

12.

2

65c

Delaware

Refrigerator

Smith

1-

75c

Co.

Seeman Bros., Inc.
(quar.)
Seiberling Rubber Co. 5% pfd. A
4%% pfd. (quar.)
Selby Shoe Co

1

12-15

35c

Acceptance Corp.,
preferred A (quar.)

New

12-15

50c

Oil

Roebuck

Two

11-21

$1.02%

(quar.)

Securities

12-12

1-

12-15

12-12

5

12-10

Co.—

Extra

20

shares

held)
Paper Corp.

8

12-15

15c

(quar.)

Fair

12-11

40c

preferred

50c

40c

non-cum.

Reading

12-

12 %c

Extra

12-15

5

12-

11-21

17 %c

pfd.

Seaboard Finance Co.

1-16

70c

(year-end)
Rand Service
Stores, Ltd. (irreg.)
Rand's (Pittsburgh)
(quar.)
Rapid Electrotype Co

12-

12-16
12-10

$1.12%

(quar.)

Common

4.10%

Signal

12-15

15c

preferred

Seaboard

Sick's

9

Inc.—

(quar.)

Scranton-Spring Brook

12-12

12-

60c

Scruggs-Vandervoort-Barney,

12-15

12-20

5
9

1

1-

85c

12-15

12-20

5

12-

12-

25c

Shellmar Products
Corp., common

2

.12-

12-23
12-19

50c

(quar.)

Sheller

2

12-23

1

25c

11-28

1-

11-30

25c

11-28

1-

12-

t

50c

(year-end)
(quar.)

12-10

$2

,

25c

12-15

25c

pfd.

12.-11

75c
com.

1-1-48

1

11-28

12-15

$1.10

Co

$1.25

12-

.

Associates,

35c

pfd.

12-15

50c

pfd.

$1

Co.

5

12-10

25c

Paper Co., common
$3.40 preferred (quar.)
Scranton Lace Co

Shell

11-23
12-

2

$4

Extra

$1.18%

1-

4

50c

Extra

Serve),

11-28

12-10
12-20

41 %c

Extra

(quar.)

7%

12-15

$1.25

12-10

75c

Arms

Seeger

1-

12-15

35c

12-10

$1

Extra

45c

(quar.)_

com.

2

25c

(quar.)

(quar.)

4.40%

Works

Company

5%

1

1-

$1.25

Remedial

Jose Water

Sears

12-

12-10

2

Inc.—

Semi-annual

Seaboard

$2

J.,

Extra

5%%

12-15
12-15

t$2

(monthly)
(monthly)

Reynolds

3- 5

12-19
12-19

$1.25

(quar.)

12-

5

1-15-48
1-15-48

—

(quar.)

12-15

1

1

11-21

$l%c

(quar.)

Corp.,

Pyle-National

6.%

12-

12-31

,
,

1-

25c

$1

Oil

Republic

12-15

$30c

25c

Extra

'ianc-

1

50c

of N.

Industries, Inc.—
preferred
(quar.)
Puget Sound Pulp & Timber, 6%
Pullman, Inc. (quar.)

Reigel

5

12-

$35c

$4.75

7%

12-

$75c

Co. of New Hampshire

preferred

5%

2

12-15

$$1.50
(quar.)

of

Public Service Co. of Oklahoma 4%

Real

1-

25c

6% preferred
Public Service Electric & Gas—
$5 preferred
(quar.)

4%

11-25

$90c

Metals

preferred

Putnam

11-21

12-31

45c

(quar.)

Canada, Ltd.,

preferred

Pure

12-20

1

12-15

50c

Co.,

Service

Paper

rrancisco

San

12-

37%c

Rocky Mountain & Pacific

Regis

ban

12-12

12-10

12-15

25c

Common

preferred

preferred

7%

11-29

22V2c

Alexander, Inc.

preferred

•%

2

50c

&

National

8%

1-

5

Co.—

America, Inc
Preston East Dome
Mines, Ltd
Price Brothers, Ltd., 4%
pfd.
(s-a)
Prosperity Co., 5% preferred (quar.)

R

$20c

preferred

12-12

5c

Power

Year-end

11-24

12-15

t20c

(quar.)

7% preferred
(quar.)
Peabody Coal Co., new prior
6%
preferred
(accum.)

12-30

25c

Co

preferred

1st

Pressed

8

Gold Dredging, Ltd.—

Interim
Paton Manufacturing Co., Ltd.—

(quar.)_

(quar.)
6% non-cum. partic.
preferred
Powell River Co., Ltd.
(quar.)

3

50c

Parmelee

Pa to Consolidated

6%

11-3

4

$1

common

dividend)

(year-end)

Extra

11-3

25c

—

(quar.)

(irreg.)

(initial quar.)

Power Corp. of

12-12
12-15

1

5%

3.60%

5

Co.—

(quar.)

Pictures

Co.

(quar.)
Pyrene Mfg. Co. (irreg.)

12-10

$2.50

(resumed)

Companies

Paramount

Park

2-15

75c

Corp.

Pipe Line

11-28

12-12

12-20

$1.12,/2

Croix Paper Co.
(year-end)
Joseph Lead Co. (quar.)

St. Louis

RR.

(cash

Electric

Powdrell

1-15

—

preferred

(quar.)

'

4'%-

11-29

2-15

for

held)

Airways

Panhandle
■

12-15

$25c

75c

5%

Co.

Mining

Common

12-12
11-29

5c

Page-riersey Tubes, Ltd. (year-end) _j___—

'

12-20

12-31

12-15

10c

dividend—(One

edeh

12-12

.12-10

20c

preferred (quar.)__
Co. (quar.)

Scott

12-

$1

(quar.)

St.
St.

5*

12-20

$1

——

Mills

Pacific

S"

37 %c

Publicker

37 %c

non-cum

12-20

5*

Publication

30c

non-cum.

11-15
12-

11-

12-12

$3.25

(resumed)

12-20

2

12-22

$1

preferred (quar.)
Sanger Brothers 5%% pfd.

11-

11-19

12-31

quar.)___

$5

12-19

12-12

—

(initial)—

1-2-48

1-

12-22

$1.50

Safeway Stores, Inc.,

12-19

12-23

1

(initial

Manufacturing
Ruud Manufacturing Co
Sabine
Royalty Corp
Safety Car Heating & Lighting
Quarterly

2%

Oil

12-23

12-5

com.

12-12

12-10

25c

Extra

Dividend

25c

12-15

partic. 1st preferred (irreg.)
partic. 2nd pfd. (resumed).
Pacific Indemnity Co. (quar.)—
$5

$4

5

1-2

(year-end)

Investors,
preference (quar.)
Pacific Coast Aggregates
Coast

12-10

12-

20c

Fisheries

4%%

25c

12-15

12-15

12-10

(resumed)

American

Pacolet

1-2

75c

1-2-48

$1.50

!

11-12

97V2C

$1.20

common

American

Pacific

12-20
11-12

12-15

$25c

(irreg.)

Pacific

11-15

60c

Valley Wine

Stock

7%

$1.12%

(year-end)

11-

12-12

53yac

Ltd

Plymouth Rubber Co.

$5

25c

(Minn.)

(Jacob),

Schwitzer-Cummins

1

(initial)

(year-end)

Ruppert
Russell

12-15

12-

12-15

J25c

Tail

12-15

2

30c

12-31

12-13

after

Extra

Common

7

(s-a)

common

ioc

Development,

Pleasant

12-25

(initial quar.)

new^com.

2

Inc.

(year-end)

11-27

12-15

12-10

pfd.

1-

new

Co.

12-18

8%

Co

1-15-48

Corp.,

$25c

Placer

1

—

74c

or

12-15

12-18

1-

20c

quar.)

Corp.

11-26

1-2-48

tax

Building

Orpheum

shillings

four

African

(increased)

1

2

12-18

12-18

50c

Extra

Ruberoid

Savage

12-

t$1.75

Ltd.

Co.,

Oswego Falls Corp., 4%%
Ottawa Electric Railway,

Oxford

12-15

$37V2c
(quar.)

common

(quar.)

Copper

South

Ox

1-2-48

$1

(quar.)

preferred

Otter

$25c

25c

preferred

7%

(quar.)

12-

1-

1-2-48

1-2-48

25c

Schiff

Public Service Corp.

$31 Vic

Ontario Steel Products, Ltd.,

O-O'Kiep

A

common

1

12-17

Pendleton,

11-28

20c

__

12-

&

12-20

75c

common

participating preferred
Poindexter Distillery, Inc

12-12

15c

Quarterly

$5

Inc.,

75c

1
1

12-18

1-2-48

30c

Extra

30c

Public Service

25c

Ohio Public Service Co. 3.90%

12-

12-

5

17 V2c

Rosser

Mfg.

1

$1.25

(S-a l

12-31
12-12

1-

12-10

30c

(quar.)

Extra

Rowe

11-24

11-24

15c

(quar.)
Industries Corp. (increased

San-Nap-Pak

1

75c

Oil

1

2

12-10

$1.25

Brothers, Inc.

11-28

12-

40c

Extra

1

1-

12-10

12-IO

$1.25

(quar.)

11-17

12-

10c

common

(quar.)

dividend

12-15

50c

Co.,

convertible

$5
Ohio

(quar.)__

common....

1212-

50c

12-15

20c

(quar.)

Leather

Ohio
'

Co.,

2

12-31

2

$1.25

___

(quar.)

Metal Works

12-

for

held

shares

Manufacturing Co. (quar.)
Ogilvie Flour Mills, Ltd., common

1

1-

90c

Art

12-10

Public

—

Oak
•

1-

12-

5

12-

11-28

$0.1979
37%c

Extra

12-20

11-20

12
12-20

$1

Nu-Enamel

2

pfd.

conv.

com.

12-12

12-10

12-10

1-

of

1-

Corp.

$1

Polaris

$1.50

Corp.

11-20

Cable

15c

Potomac

93%c

share

11-26

12-12

(initial)

(quar.)„

15c

12-29

(quar.)

One

12-10

5

12-15
12-15

15c

(quar.)

preferred (quar.)
prior preference (quar.)

Ross

1-

Co.—

11-24

12-19

Northwestern Telegraph Co. (s-a)
Norwich Pharmacal Co.
(quar.)

Nu-Enamel

11-26

5

1-15

25c

A

12-12

12-19

50c

(year-end)

com.

12-10

&

12-30

1

12-17

25c

(year-end)

11-24

12-12
12-

10c

12-15

1

$8%c

Pacific

Gas

12-10

Co.

preferred
series

Roos

2

37 %c

Mfg. Co

Rockwood

4%

1-

12-15

$3.62%

preferred

H.)

$4

1-

12%c

(accum.)

11-24

7V2%

(interim)

(quar.)

cash

Rockwell

Rome

5

11-29

$50c

Extra

receipts

dividend

1-

$1

(quar.)

pfd.

preferred

1-15-48

70c

Illinois Corp. (extra)
Indiana Public Service Co

12-10

(H.

50%

11-29

12-20

75c

(quar.)

11-19

12-10

10c

Plymouth

(year-end)——

Insurance

12-12

$3.40

Refractories

North

Northern

1-2-48

75c

American

12-10
12-31

$1

Extra
11-26

$3.11%

Class B

12-11

1

12-

12-15

$3.50

Extra

12-11

12-

12-15

$1

Robertson

Pittsburgh Plate Glass Co. (year-end)
Pittsburgh Screw & Bolt (quar.)

Corp.—
«

5%

2
2

12-10

$1

arrears)

Pittsburgh Metallurgical Co

12-22

(accum.)

5%

1-

clears all

convertible

5%

1

93%c

common

Inc.,

Pittsburgh & Lake Erie

ap¬

taccum.)

preferred

American

deposit

Increased

25c

preferred

4%%

Stock

per

dividend

5

Pittsburgh Forgings Co.—

of

per

to

(quar.)

Increased

cash

$17

dividend)
A

Pittsburgh Coke & Chemical (year-end)
Pittsburgh Consolidation Coal Co.—

each

$19.75

(Subject

Investment

12-19

common

and

stock).

11-28

Electric
for

shares,
of

rate
stock

(stock

Extra

11-28

2

1212-

5%

11-14

1-

2

12-21

50c

12-15

12-10

2

37 %c

(quar.)
(year-end)

Pillsbury Mills, $4 preferred (quar.)
Pinchin Johnson &
Co., Ltd.—

12-10

12-

11-26

10c

a

participating preferred (quar.)
& Mander
Corp. (irreg.)
Robertshaw-Fulton Controls, com. (initial).
4%%

2

11-28

50c

common

$1.50

12-15

1-

Corp.

(quar.)
Corp.
(quar.)

Roberts

2

12-

12-12

12-17

Silk

ment

12-

1-

A

,11-25

12-18

25c

(quar.)

Mills, Ltd.—
$2 participating class A preferred
(quar.)_
Robbins & Myers, Inc.—
$1.50 participating preferred (accum.)
$1.50
participating prefened (Tnis pay¬

12-15

30c

com.

preferred

Textile

12-10

12-15

$1

Corp.

Stoker

Riverside

(increased)

Co.

1-2

40c
lc

com.

90c

Co.

Oil

pfd.

5

12-22

25c

12-10

SEC.)

North American

common

(quar.)

12-

3%%

$4

Riley

12-

$1.50

Electric,

Corp.

Common

Riegel

12-15

$1.25

11-28

divi¬

shares

American

the

at

the

21

common

fractional

Potomac

of

and

North

Wisconsin

of

Wisconsin

Power

of

paid
oi

proval

of

stock,

of

lieu

(in

(liquidating stock

shares

Electric

(quar.)

12-18

50c

8

Richfield

1-15-48

$1

12-22

50c

12-

Richardson

$2

80c

(quar.)

American

(quar.)

12-31

1*

25c

12-10

11-20

12-8

Oil

51

When
Holdert
Payable of Rec.

share

J.) Tobacco, 3.60% pfd. (quar.)

Manufacturing Co.,

Ronson

25c

12-10

12-

12-27

87%c

Corp

preferred

Common

5

12-15

Co.—

75c

Corp., common

Co.

common

shares

3%%

11-27

50c

Potomac

5%%

2

Co.—

quar.)

preferred

American

dend)

1-

60c

40c

$1

pref.

$1

$1

convertible

Cash

$6

12-10

25c

Philadelphia

11-27

12-10

$1.06%

150c

Extra

share

11-29

2

2

30c

&

Philadelphia Bourse
Philadelphia Co, $5 pref.

2

1-

1-

$1.06V*

1

Phelps Dodge

1-

30c

25c

Inc.

(Charles)

Extra

11-30

12-15

9

$1.12I/a

20c

60c

tyear-end)

(interim)

common

(quar.)_
(quar.)
(quar.)
preferred (quar.)

50c

^ear-end)

Co.

Mines

share

12-10

zoo

Extra

held

Paul,

$25c
15c

Corp., class B

Corp.

Co.

common

preferred

Extra

12-22

T50c

12-

Company

(R.

Ranch

17%c

3%% preferred (quar.)
Petroleum Exploration Co. (quar.)

Co.

(quar.)

Co

Hundred

Co.,

Pfizer

Peter

$50c

Chemical

Circle

Milk

12-15

$1.25

Electric

Norfolk

Perfect

12-19

Rheem

Rice

25c

11-28

1

1

1

Name of

Reynolds

$1.37%
(quar.)__

Year-end

12-15

1-

1212-

10%

Peoples Gas Light & Coke Co.—
Peoples Telephone Corp., common
Pepsi-Cola Co. (quar.)

12-

t50c

Nineteen

dividend

2nd

$1.06l/4

12-31
12-31

12-12

4%%

12-

11-28

10c

12-12

11-26

12-18

12-15

4

2

quar.)

12-17

—50c

com

11-20
12-

2

12-10

2

12-15

12-18

1-

1st

1-

1

1-

4V4%

93%c

1-2

12-

25c

$1

(quar.)

2

40c

(increased

12-10
3

2-

12-15

1-15

$1.25

12-12
12-

2-16

5%
pfd. (quar.)
Pennsylvania Power & Light Co.—
Common
(quar.)
41/2% preferred (quar.)
Pennsylvania Salt Mfg. (increased).
People's Drug Stores (cash dividend) (quar.)

Common

Per

Payable 0/ Rec.

50c
25c

(2355)

Holdert

40c

2

1-

30c

When

40c

1

85c

Special

North

>■

$2.50

Corp.—

preferred

Niles-Bement-Pond

North

•

50c

Extra

6%

•

$$1.5Q
(quar.)

CHRONICLE

(s-a)_

Pet

Niagara Share Corp. class B (vear-enu)
Niagara Wire Weaving Co., Ltd. (quar.)

North

1

$J.o0

Year-end

will

1

93%c

Niagara Lower Arch Bridge Co., Ltd.

100

1212-

$2.50

tyear-end)
State Electric & Gas Corp.—

pfd.

12-15
12-15

$1.50
•

10%

Newport News Shipbuilding

North

5

J75c

Extra

Stock

(accum.)

Hanem

Newport Industries,

$2

4

RR.—

pfd. (quar.)
Newberry (J. J.) Co

North

5

12-

10c

3%%

New

12-

share

(quar.)

(quar.)

Pennsylvania Exchange Bank (N. Y.)
Pennsylvania Glass Sand Corp.—

12-15

12-24

11-22

New York Hotel Stauer Co.

Nopco

2

12-15

12-

City Omnibus__^_

Noma

1-

30c

12-13

&

4%%

12-20

10c

preferred A

3% 'to

2

12-19

York

Newport

1-

com.

Pennsylvania Coal & Coke Corp. (resumed)-Pennsylvania-Dixie Cement (quar.)
Pennsylvania Engineering

1

5c

York

Newmont

12-

Company

Ltd.

preferred

Penn Electric Switch Co. $1.20
pfd. A
Pennroad Corp.
(irreg.)-

12-10

50c

St.

6%

1

(irreg.)

New

Newmarket

12-

$1.50

Co

Penmans

12-15

(year-end i

Chicago &

York

12-31

$1.50

New

New

2

1-2-48

22V2c

ts-a)

Co.

Braxe

Auction

Common

1-

12-15

$3

_*_■

York

1

$1

(quar.)

Water Co,

Park
York

5

12-

25c

New Jersey Worsted Mills
New Jersey Zinc Co. (year-end)
New

12-

12-15

Watch Co.—

pfd.

cony.

1-5-48

Name of

11-29

13c

Co., common
$3 preferred Urreg.)
New England Telephone &
Telegraph
New Haven Clock <fc

11-29

12-15

25c

(accum.)

12-15

15c

—

class

FINANCIAL
Per

Payable of Rec:

20c

Corp

Co.,

&

Holdert

20c
.

,

Nelson

When

COMMERCIAL

12-31

12-10

37 %c

12-31

12-

27c

12-31

12- B

Co.—
5

52

THE

(2356)
Per
Name of

Southern

4.8%

Indiana

Southern

Natural

Southern

t$1.50 1-15-48
$1.20

$6

preferred A

•Southwestern

1-15

12-12

12-

1

Trans-Lux

12-22

12-

1*

12-15

11-15

11-15

Travelers

12-15

12-

1

$1.06 V4

12-15

12-

1

$1

12-12

11-29

20c

12-20

12-10

1-

1

preierred

5%

$1.25

(quar.)

(Dallas)

12-19

■'

% New

Tucson Gas Electric

Ol

11-29

12-

5

208

South

12-1

Union

12-15

11-28

*3C

1-5-48

12-15

Union Bag

1-

2

12-15

Union

12-12

11-26

Union

$1

2-2-48

1-15

Union

12-

8

93c

$6

Co.

Standard

Factors

75c preferred

Carbide

Milling Co.

Standard

Oil

Co.

(Del.)

preferred

Oil

Co. of

Kentucky

12-

Oil

1-2-48

12-20

12-31

12-26

12-31

12-26

Sugar Co.
Union Wire Rope Corp. (quar.)
United Aircraft Corp., common

Co.

preferred

$3.75

Standard Oil

Co.

Ohio,

of

12-31

12-26

United

12-10

United-Carr

12-10

11-10

United

12-10

11-10

United

12-15

11-29

United

Electric

12-15

11-29

United

Fuel

12-12

11-17
11-28

1-15-48

Chemicals,
Elastic

Coal

2

12-15

United

Illuminating

1-

6

12-15

United

Merchants

2-

1

1-12

5%

(year-end)
Standard Wholesale Phosphate & Acid Wks.—

75c

12-23

12-12

5%

Quarterly
Stanley Works

60c

12-10

50c

50c

(quar.)

Fuel

Stedman

11-28

12-10

11-19

12-10

11-20

Products

Stein

(A.)

Sterchi

Co.

&

20c

(quar.)

$1

(year-enai

Inc.

Stores,

Products

Aluminum

1-

9

12-11

1-10-48

35c

(quar.)

12-15

30c

Stewart-Warner
Stix

1-10-48

11-26

12-

5

67c

Co.

12-17

12-24

12-11

12-10

25c

prior preferred (quar.)
Webster (year-end i
Strawbridge & Clothier, $5 pfd.
Strouss-Hirshberg Co.
(irreg.)
5%

Sun

$1.25

(quar.)

Co.

Co.

Co.

preferred
Sylvanite Gold

Ltd.

Mines,

(quar.)

common

preferred

Tecumseh

Products

Power,

12-15

pfd.

4V4%

1-

1-2-48
12-

12-19

Pacific

&

Texon

Oil

Gas

Land

&

Thermoid

pfd.

Co.
Co.

12-15

12-

1

12-24

12-

8

12-18

1212-

3

9

Thomaston

5%
Utica

1-

2

12-

5

50c

12-15

11-28

$1.25

12-15

11-28

11-24
11-24

12-15

12-

1

12-

12-12

1

12-27

12-

1

50c

12-31

12-

5

31V4C

1-1-48

12-

R

12-15

12-

5

$1.50

12-20

12-10

12-15

12-

1

35c

12-20

12-

9*

12-20

1212-

5°

12-15

4-1-48

3-15

50c

6-25-48

6-13

$1.25

Co.

12-15

12-

1

12-31

12-10

$1.06%

9334C

(quar.)

(increased

Light

Mohawk

Mills

Cotton

Ltd.

Viceroy
Victor

..

pld.

1-

2

12-19

1-15

12-26

12-19

12-

5

Ltd.

Wilson

&

Chemical

Railway,

Winnipeg

6%

6%

preferred

1-

6

1-

2

12-31
12-31
1-

2

12-10

Wabasso

Co.

7%

12-

4

12-23

12-

5

12-23

12-

5

12-31

12-

pfd.

(quar.)

—

Amulet

12-10

12- 9

Waldorf

12-24

12-

Co.

Inc.

2

12-

8

1-

Co.,

12-

Walker

TrtOT'Sfl.pe'd.

12-22

Walt Disney

12-19

$1.50

12-19

12-

12-10

11-29

Steel

7%

Manufacturing
& Lothrop

pfd.

1

12-15

12-

4

11-24

(interim.)

*50c

12-31

11-17

t$2.50

12-31

11-17

1-31
12-15

11-25

12-15

12-

pid.

2

12-12

1-

2

12-12

$1.75

(accum.i

1-

2

12-18

*50c

4%%

prior

preferrred

4%%. convertible prior preferred iquar.i_
Wrlght-Hargreaves Mines, Ltd. (quar.)
Yellow

Cab

Common

12-16

12-16

12-10

11-

7

12-10

11-

7

12-15

12-

1

12-15

12-

1

12-15

12-

1

$1.25

1-

2

12-

12-15

12-

12-11
12-15

12-

12-12

1

1-1-48
1-1-48

2nd

pfd.

12-

3-

12-

2

12-

9

i$3.50

1-

2

12-15

1-

2

12-15

25c

12-15

25c

iquar. i_

12-15
1-

12-

1

12-

1

12-

2

1

$1

12-15

11-19

1-2-48

11-19

15c

(quar.)

12-23

12-15

25c

Less

30%

•Transfer

resident

books

Less

not

U.

In

tax

(year-end)

S.

Income
closed

15%;

British

for

income

tax

12-15

5

12-20

12-19

12-9

tax.

less
funds,

resident

2

1-

15c

Funds,

Canadian

1-

20c

Jamaica

fPayable in

tPayable

this

15%

dividend.

Canadian

non-residents'

deductible

tax
7%.

the

at

tax.

Non¬

source.

tax..

General

1-2-48

Investment News

12-22

1-10

12-

1-

2

9

11-28

1-30

1-15

12-20

12-10

12-10

12-

2

Harold
N.

Y.,

2

12-

1

12-20

12-

5

12-15

12-

1

$1.25

Palmer,
has

2

12-17
12-

the

of

elected
1946.

Yale & Towne Mfg.
On

Dec.

2,

company's
he

Dec.

payable

23

stockholders

to

a

special dividend of $1
record

of

Jan.

declared

a

to stockholders of

1948

2,

New

record

Dec.

12-16
1-15

of manufacture,

37%C

5-1-48

4-15

ford,

8-2-48

7-15

succeeds the late W. Gibson Carey,
Jr., who
a result of a drowning accident in Florida.
In addition to being Executive

12-

5

12-23

12-

8

1-15

12-15

12-20

a

per

With

12.

share,

the

four

12,

per

share, payable

1947.

Calvert Carey of Greenwich, Conn.,

Conn.,

tinue

formerly Vice-President In charge
has been elected President, and Fred Dunning of Stam¬

has

been

elected

Executive

Vice-President.

Mr.

died suddenly

on

Carey

Oct. 4,

Vice-President, Mr. Dunning will

to

Both

12-31

12-31

City,

been

President, Etc.—

2

12-15

Dec.

dividend of 25 cents

1-

5

has

Co.—Special & Larger Divs.—

2-2-48

12-

Island

He

was

quarterly dividends of 15 cents ea^h pi^^ady paid this year, this makes
a
total of $1.60 paid or payable in
1947, as against $1 in 1946.

1

12-15

Long

Vice-President.

a

Previously

the directors declared

The directors also
1-

12-20

Manager

been

December

since

president of Board
Fabricators, Inc., which company was acquired by Woodall Industries,
Inc. in September 1945.—V. 166, p. 1622.

12-20

12-15

B.

plant,

director

12-10

1-

13)

page

Woodall Industries, Inc.—New Vice-President—

1

1-

Corporation and

(Continued from

11-29

as

con¬

serve

Mr.

as Secretary and
Treasurer.
Carey-and Mr. Dunning have been

12-10

1-

2
2

the

12-13

1

12-

12-10

11-21

1-

2

1-

12-20

2

12-20

12-12

11-15

$1

12-15

*37 %C

12-15

%

11-15

Gooderham & Worts—
11-21

corporation for many years.—V.

York Corrugating

12-15

1-

12-15

40c

_—

12-15

f$3.50

Zonite Products Corp.

5

112-

25c

quar.

2

Door

11-23

t30c

Productions (see Disney Walt)

1-

12-30

75c

._

1

f20c

11-23

12-15

1

12-

(s-a)

5

12-15

12-

2

com.__.

1

12-15

2

1-

$1

1

3-12

7-20

1-

25c

12-10

12-12

7-31-48

25c

56y4c

Extra

a

1-24
1-20

37%c

(quar.)

Steel

2-1-48

12-30

12-20

(quar.)
(increased 6-ai

common

preferred

Youngstown Steel Car

11-78

5

11-24

4-20

Zeigier Coal & Coke

11-26

12-

1-31-48

Extra

6

300%

5

37%c 4-30-48

Youngstown Sheet & Tube Co

x

12-

12-15

37%c

(quar.)

Extra

6

5

1-2-48

J4c

(quar.)

Young (L. A.) Spring & Wire Corp.

12-15

12-15

5

12-

12-15

25c

preferred

Knitting Mills, Ltd.
7%
1st pfd.
(s-ai
7%

3

12-

2

1-

$1.12%

(quar.)

Corp.,

11-

8

Co.—

York

12-15

11-21

12-20

$1.12%

preferred

t$l

:

50c

(quar.)

convertible

8

12-

$1

6%

12-

12-24

3%

Extra

York

11-21

1-10

J40c

3

5

12-17

quar.

12-17

1-

12-17

12-29

Ltd.—

(F. W.) & Co., Ltd.—
preference registered (s-a)
Worthington Pump & Machinery Corp., com.

12-16

1-1-48

12-17

12-29

6%

1-2-48

1

11-17

12-29

$1.75

of Canada,

preferred

12-

12-17

50c

(quar.i

iquar.)

Combing Corp.

convertible

12-15

1

1-

25c

convertible

1-2-48

1-15

15c

$1.12%

(quar.)

6%

1-2-48

1

1-

$1

Ltd.

Co.,
com.

6%

11-28

8

12-

25c

1-15

12-15

2

$1.50

11-15

12-

1-

$1.06',4

(quar.)

12-15

25c

12-10°

1- 2

12-19

1

Co.—

1-30-48

50c

(quar.)

12-20

20c

1

1-

is-ai

Power

1-15

75c

(quar.)

50c

—

12-19

1-

(increased)

iquar.)

com.

preierred

1-30-48

80c

Extra

(Hiram)

1

20c

12-13

10C

Ltd.

Walgreen Co., com. (quar.)
4%
preferred (quar.)__

1

12-10

1-

}:25c

12-31

$2.50

(year-end)

11-25

2

11-20

12-20

25c

Increased

8

4'<5

(quar.)

12-

1-

Machine

37%

-

Corp.
(s-a)
Mines, Ltd. (quar.)

System,

12-24

7oc

37 %C

12-15

5

11-20

jOc

62 V-. c

(quar.i

Wabash-Harrison
Waite

12-24

Wooiworth

8

40c

Co.,

12-13

(quar.)

(Alan)

Wool

12-11

$1.50

Iron

Cotton

5

12-26

Year-end

4

30c

Manufacturing Corp.,
(year-end)
Corp. 4%% pfd. (accum.)
prior pfd. (quar.)

Vulcan Mold &

5

12-

$10

$1.06'/4

Electric

Oil

Wood

1^-19*

12-

$9c

(quar.)

Detaining

12-

2

(year-end)

preferred

Wiser

12-19*

12-11

65C

Vulcan

Vulcan

11-25

2

1-

25c

$4.25 preferred

Eiectric

Woods

SI.75

(quar.i

Visking Corp., class A

$3

9

1-

com

Woodward

$2

(quar.)

Vogt

12-

50c

$1.25

Wisconsin Investment Co. (year-end)
Wisconsin Power & Light, 4,/a% pfd. (quar.)

12-19*

Corp.—

common

preferred

B

12-10

Inc

Co.

non-cum.

Wisconsin

12-15

6

25c

(quar.)_

6%

Class

2

$1.25

(quar.i

1-

(quar.)

Co.,

12-15

1-

50c

(year-end)

Equipment Co.

preferred

1-15
11-24

1

+20c

(quar.)

Wuson-Jones

5%

Inc.

Products,

1-2-48

62 %c

(extra i

(quar.)

6% partic. pfd. (accum.i
Virginia Electric & Power, $5

6%

11-14

12-10

(quar.)

Ltd.

1-2-48

75c

Manufacturing,

Virginian

12-18

12-15

1-31-48

(quar.)

Giobs Sewing

61

Willson

12-19

f25c

12-10

$7 Vac

—

2

*81.25

Viking Pump Co
Virginia-Carolina

1-2-48

J20c

2-

25c

pfd.

Wncox

1
6

1-

$1

com

25c

—

1211-

35C

quar.)

pfd. (quar.)

$1.50

...

Title Insurance & Trust Co. (Los Angeles)




2

$1.12%

Axle^(increased)

Extra

1

1-

$1

(quar.)

Tip Top Tailors, Ltd. (quar.)u

12-

1-15

25c

(quar.)

12-15

$1

common

(year-end)_——

Detroit

1-1-48

50c

4%

Roofing

6-15

12-12
12-22

9

12-15

Additional

Time,. Inc,

12-15
12-31

20c

Tide Water Associated Oil, $3.75 pfd.

7-1-48

10c

common (s-a)
convertible preferred
(s-a)

5%

50c

preferred (quar.)
Drug Stores, common
4%)% preferred A (quar.)
4V4 % preferred B (quar.)

3-15

$1.50
—

Co,, common (quar.)
preferred (quar.)

prior
&

Viau,

12-15

$1.06%

Thrifty

12-15

25c

Norman Company
(year-end)
Vapor Car Heating Co.—
7% preferred (quar.)

12-15

$1

(quar.)

Inc.,

12-

$6

Van

7 VaC

(quar.)

11-21

12-29

75c

(accum.)

pfd.

Knitting

$4

$90

$1.75

Quarterly
Quarterly
Thompson Products,

Utica

90c

(quar.)

12-20

66V4C

»

<quar

Valspar Corp.,

30c

Mills

&

12-15

Extra

preferred

B

Quarterly
Oil Refining Co. (quar.)
Power

$1.25
$1.50

Corp
Stores,

6%

50c

Co.

Utah

Utah

12- 5

Extra

4V)%

$1.20

Corp

3

1-

2-1

12-12

$2.50

Co.

Whittier

11-21

15c

12-10

(year-end)

11-24

Motor

Utah Home Fire Insurance (Salt Lake City)—

10c

com.

—

11-28

12-10

(quar.)

Steel

dividend)

11-29

1

(quar.)

com.

(stock

12-15

2

Co

Company

Shovel

(quar.)

Tobacco

preferred

2

Railway

11-14

12-10

5c

♦

1-

(quar.)

12-10

20c

12-10

5

1-

interest

White

$8.75

(quar.)

(year-end)
Upper Michigan Power & Light—
6% preferred A (quar.)

1-

Inc., common (year-end)
convertible preferred (quar.)

4V4%

Products

10c

Extra 13

Textron,

Match

Universal

12-10

(year-end)

proprietary

Y.)

Wire

&

Leaf

2

—

1

20c

Steel

1-

Corp. iquar.)

12-

SI

(quar.)
(Delaware)

Upressit Metal Cap, 8%
Upson Walton Co.

35c

—

12-

43 %C

(increased quar.)

Extra

Universal

11-28

75c

30c

Inc.

(N.

1

2 VaC

Texas

Lines.
Co.

12-

Trust—

certificates

Southeastern

Trust

75c

(initial)

__

of

Truck

S.

$1.06%

—

Certificates

S.

U.

United

12-15
12-13

1

$2

preferred

Universal

12-

12-

$1

(quar.)

common

2

3c

(increased quar.)
Gulf Sulphur (quar.)

Sub-share

9

12-15

62 %c

common

non-cum.

$1.02'a

coui

& Chemical

Land

7%

2-15

50c

51c

75c

Corp.,

1-15

2-15

Instrument

convertible

Youngstown

Special
Tobacco,

2-2

75c

common

prior preierred
Whitaker Paper Co. (irreg.)

50c

(quar.)

Co., common

12-

25c

(quar.)

Pacific

2

12-15

25c

(s-a •

Company

Extra

Steel

S.

12-15

(year-end)

11-28

2c

$1.95

(quar.)

pfd.

S.

12-15 "

5

$2

11-28

35c

preferred

1st

Brake

Paper,- Ltd.,

Electrical

4%%

Co

Rubber

8%

U.

11-14

Co.—

Additional

(accum.)

Transmission

Tennessee Products

2

12-15

25c

Gas

S.

5

1-

Stationery

22 VaC

(s-a)

quar.)

& Royalties

40c

Extra

Tennessee

1-

12-15

30c

2nd pfd.

6%

5%

1-

(George), Ltd. (quar.)
Wfcyeraaeuser Timber Co. (year-endi
Wheeling Steel Corp., common

12-10

'

75c

$1.25

12-10

1-2-48

11-26

(quar.i

12-10

50c

U.

50c

(year-end)

Co.

Temple Coal Co. $6 pfd.
Tennessee Corp.

„

12-15

12-31

—

Telephone Bond & Share Co.—
7%
1st preferred (accum.i
Telluride

12-31

27c

(interim)

(increased

Extra

U.

12-10

4-1-48

12-16

(s-a i

com.

Weston

9

11-24
11-24

25c

(quar.)

62 %C

preferred

4V2%

Lines,

liquidating
U. S. Playing Card Co.

12-17

*25c

(Canada)

Pearson & Carson, Ltd.

Common

1

25c

Taylor-Wharton Iron & Steel
Technicolor, Inc

4.10%

2-

50c

(quar.)_„

S.

&

Air

$1.50

(initial)
(irreg.)

common

Printing & Lithograph—
preferred
(quar.)

12-15

12-

2

12-15

12-15

12-15

3iV4c

50c

Co.,

1

150c

common

50c

partic. non-cum. class A

12-15

56 V4c

(quar.)

Leather

S.

11-24

1-

150c

75c

Potash

12-15

12-15

$1.75

S.

12-30

75c

Corp.—

S.

12-30

Weston

35c

(quar.)

Machinery

U.

12-30

11-29

50c

First

12-15

12-15

50c

U.

12-30

Westminster

50c

(resumed)

Common

U.

1

25c

1

5

12-

50c

9

11-

12-10

$1

Huffman

Tablet

preferred

Westinghouse

1-

12-15

2

11-24

preferred A quar.)
Western Railway of Alabama

12-20

1-

8

5%

1

9

11-28
12-15

12- 8

(s-a)

5% pfd. (quar.)
Western Pacific RR.,

$5

2

1- 2

50c

12-

1

12-

12-11

12-

Extra

5%

12-12

$1.12%

(quar.)

Condensing Co
Western Light «fc Telephone

11-19

1-

2

25c

(quar.>___

Western

2

$1.75

12-

1-2-48

12-10

25 c

United States Oil

12-20

12*10

Co.

„

$1

preferred (quar.)
(resumed)

12-

I- 2

12-20

12-

25c

(quar.)

Service

Products, Ltd.

$1.75

(quar.)

Participating

11-28

12-10

$114.25

arrears)

1

1-

15c

(quar.)

common

all

(clears

preferred

U.

12-

12-10

1

12-12

50c

"(irreg"!"!""

Extra

12-19

25c

Inc.,

Inc., common
Tayltr & Fenn, 4.32conv. pfd.
Taylor Instrument Cos. (quar.)

.

12-15

$1.25

(quar.)

Talon,

Tim ken

11-28

50c

(James),

Thomas

12-15

50c

Extra

$1.25

12-15

75c

(quar.)

preferred

Taylor

2

75c

—

*

A

4%%

1-

*2c

—

Extra

Talcott

12-15

$1

Extra

Class

2

35c

(quar.)

Tacony-Palmyra Bridge,

Tilo

12-10

1-

40c

(quar.)

$4

7%

12-10

12-20

50c

(quar. i

Sylvania Electric Products, Inc., common—

Thew

12-20

25c

8

12-17

$1.50

(resumed)

B

S.

$4

5

—

class A

Co.,

7%

U.

1

12-

50c

Common

11-21

12-

2

25c

Special
S. Gypsum Co., common (quar.)

U.

11-25

25c

Co.

&

Texas

12-

12-15

25c

(quar.)

(quar.)

Extra

.

5

12-12

25c

Sutherland Paper

Texas

1

9

1-

25c

Extra

12-18

12-

10%

Guarantee Co

S.

12-20
12-

12-20

75c

Year-end

Texas

2

10C

(quar.)

Extra

Texas

1-

25c

(quar.)

Mining

Superior Steel Corp.

5%

12-15

12-

$1.25

Extra

12-20

75c

Oil

Sunstrand Machine Tool

.

1-2-48

$1

&

Sunshine

Switt

1-2-48

9

$1.25

preferred (quar.)
U. S. Freight (interim)
U.

12-

$1.25

7%

U-29

25c

Foil

Class

U.

Van Camp, Inc.—
Common (cash dividend)

Stokely

Stone

S.

11-28

1-10

25c

(quar.)

1-2-48

25c

50c

12-

12-15

2

10c

Extra

Wilsil,

(interim)

Ltd.

convertible

$4

5

12-31

Westeel

Inc.—

(quar.)

preferred
preferred

7%
U.

12-10

12-10

Finishing Co.—

7%

12-29
12-

Manuiacturers,

Increased

S.

Water

preferred

2

6

75c

s-a)

25c

$4.50

60C

(year-end)

Co.

&

Molasses,

(increased

1-

12-23

75q

Virginia

1-

12-20

12-11

12-10

Extra

1-2-48

12-20

12-29

lOc
50c

Extra
West

11-24*

1

40c

_

Virginia Coal & Coke
Virginia Pulp & Paper

65C

Paperboard, common
6% non-cum. preferred (quar.)
U. S. Fidelity & Guaranty (Bait.)

U.

11-29

12-12

t75c

(quar.)
(s-a)

United

12-20

25c

Corp.

Fuller

&

Baer

12-15

10c

Sterling Electric Motors, common
Sterling, Inc., 4%% preferred (quar.)
Sterling Motor Truck

United

12-15
12-10

1-

25c

(quar.)

—

Sterling

2

12-26

50c

Bros.

Extra

* 15c

(quar.)

Engineering

1-

Common

1

20c

,

Ltd.

Bros.,

Steel

12-

11-28

15%

(cash dividend)

Supply Co.

dividend

Stock

5
5

50c

State

1-

3-20

Sugar

Wieboldt

preferred
(quar.)
preferred (quar.)
preierred (quar.)

5%

—

1

Ltd.—

Extra

1-

(quar. )

2

1

12-

(year-end)

25c

Cos

preferred

A

25 c

pfd.

12-20

14-

12-

2

12-22

Extra

50C

class

12 VaC

conv.

West

1-

1-2

Co

Snowdrift

50c

Corp

Investments,

(year-end >__

Standard Stoker Co.

West

2

12-12

25c
2VaC

75c

$3

United Gas Improvement

12-31

2

Indies

50c

(resumed)
preferred (quar.)_—

11-25

(quar.)

60c

Corp

Inc.

Corporation,

6%

2

1212-

12-23

&

20c

------

United

12-15

12-

12-23

Oil

25C

(year-end)_

12-16

12-15

2

6C

Wells-Gardner &
Wesson

12-15

$5.50

(quar.)

Fastener

11-14

933/4c

preferred A (quar.)
Silica Corp.
(extra)

Standard

Standard Steel Spring Co. com.

'

(quar.)

Co.

Carbon

12-15

$2

common

12-

20c

(year-end)
(quar.)

Union

12-20

37 Vac

of New Jersey

Co.

Oil

Standard

A

Union Paciiic RR.

35c

(quar.)

Extra

11-28

12-15

50c

Special

Western

11-14

37 Vac

'

Extra

Standard

12-10

50c

933/4C

12-10

12-15

Extra

(quar.)

1

$1.50

12-15

25c

Indiana

of

6-

25c

_

com.

(quar.)
of California—

15c

Co.

—

(year-end)
(increased)

Co.

Mfg.

85c

Oil

6-15

5

5

1-15
12- 1

2-

Co.—

(quar.)

Motor Co.

12-

12-23

20c

Wayne Screw Products (quar.)

$1

(quar.)

12-28

—

Quarterly
Standard

Waukesha

1

75c

25c

(quar.)

(Illinois)
California

of

5

12-

17 VaC

Carbon

&

Investment

Metal

18 3/4 c

(quar.)

Standard

12-

12-15

preferred

25c

& Paper Corp.

10c

iquar.)

common

12-15

$1.75

$1.75

(quar.)

1-5-48

_«

Washington Water Power

50c

Co.

37 Vac

7

$1.50

11-28

50c

$1

Corp.

(year-end)

11-28

12-12

62 Vac

(quar.)

(year-end)—

Corp.

Asbestos & Rubber

Union

C

11-28

12-12

62 VaC

50c

Extra

4%

Corp.

(quar.)

87 Vic

1

Class

11-20
12-19

1-

62VaC

12-10

$6

11-20

12-15'

$3.50

(quar.)

37 VaC

Extra

11-28

B

$1.12%

(quar.)

Extra

11-28

40c

Standard-Coosa-Thatchev

12-23

West

Extra

(quar.)

9

25c

(quar.)_

.

Clutch

12-15

(quar.)

common

1-

12-15

$1

22 VaC

(s-a)_—

(quar.)

La Sahe Street

Disc

20C

(quar.)_—

12-15

75c

preferred

Quarterly
Twin

$1.12 Va

8

3

Extra
Ware River RR., guaranteed <s-a>
Warner Brothers Pictures
(quar.)
Warren Brothers Co., class A

a older t

Payable of Ree.

50c

$4

(quar.)

prior

Underwood

12-

1-

1

Corp.—

convertible preferred

11-15

(quar.)

Brands,

preferred

33/»%

Film

$4.50

12--8

12-15

40c

12-

When

share

(quar.)

Wellington Fund, Inc.

2VaC

Standard

$3.50

Common

12-10

....

.

preferred

$3.75

-

12-20
12-15

47 V2C

12-15

Mills

75c

quar.)
Light & Power

Century-Fox

40C

:

preferred (quar.)
Staley <A. E.) Mfg. Co., common

1

1-13

50C

$1

•% Extra

12-15

$1.50

Squibb (E. R.) & Sons, common^

.,

2

Per

Name of Company

Wamsutta

Class

(initial

common

25c

(Initial);.——.

common

2
8

$10c

(quar.)

$1.50
10c

1-

12-

Truax-Traer Coal Co.—

1

1-15-48

1-

$i.75

Semi-annual

—

35c

12-15

Corp.—

Tropic-Aire, Inc. 6% pfd. (quar.)
Troy & Greenbush RR. Association

Twentieth

Quarterly
Sovereign Investors, Inc
•Spalding (A. G.) & Bros. >(s-a)_
Sparks-Withington, 6% conv. pfd. (quar.)_
.
Spencer Kellogg- & Sons (quar.)..
Spiegel, Inc., 4'/a % preferred (quar.).
Sprague Electric Co
*
Springer Sturgeon Gold Mines (initial);
Springfield Fire & Marine Insurance Co.—

Holdere

2

$1.75

Insurance Co.

H* to

Southwestern Gas & Electric—
Southwestern Life Insurance

1-

$2

New

12-15

When

Monday, December 8,1947

Payable of Ree.

$1.50

Extra

Service—
20c

CHRONICLE

15c

12-15

$1.50

15c

Corp.

75c

quarterly basis

a

1

$1.25

(quar.)

Electric

Common now on

2-

17VaC

(initial)

Gas

12-19

Transue & Williams Steel Forging
Year-end

Co., common (quar.)
preferred (quar.)

Gas, com. (increased quar.)
4Vt%
preferred
(quar.)
Southland Royalty Co.
(year-end)
Natural

Share

Company

Packing Co. new com. (initial)
7%
pfd. (quar.),
Todd Shipyards Corp
Tooke Brothers, Ltd. (interim)

$1

Union

Southwest

Name of

37 VaC

iquatv)

Railway

non-cum.

Southern

Per

Holdert

Co.—

Co

Gas

FINANCIAL

&

Tobin

(quar.)

Pacific Co.

When

Payable of Reo.

Ltd.—

Co.,

(quar.)
& Electric

Gas

preferred

Southern

6%

Power

preferred

partic

6%

Southern

Share

Company

Canada

COMMERCIAL

The

directors

3o

cents

rf

record

per

D^c.

30 cents

per
A

paid
share.
special

have

share
10.

on

on

directors of

as

Co.—Special Common Dividend—

declared

the

June 25,

regular

a

common

Including

dividend

serving

166,'p. 1934.

the

stock,

50

cents

semi-annual

payable Dec.

paid

on

dividend
20

to

of

holders

Sept.

total payments in 1947 will

25 and the
amount to $110

-

of

70

cents

per

share

was

also

declared

on

the

stock, payable Jan. 5, 1948 to holders of record Dec. 10
'
Earnings for the current fiscal year, according to
estimates, will
amount to $3.50 per share, as compared with
$2.04 in the last fiscal
year.—V. 164, p. 2738. common

*

Vplume 166

THE

Number 4653

COMMERCIAL

State and

the

will

Alabama (State of)
Bond

Offering*—ja.

Director

of

the

Docks

State

Sweet,

\v.

and

to

exceed

Department

docks

4%

expansion

oi

interest

State

bonds.

revenue

The bonds will be offered first

as

$4,000,000 issue, maturing $200,on Dec.
1, from 1948 to 1967

a

000

incl.

If

ceived

favorable

no

the

bonds

bid

is

be

sold

will

re¬
as

$2,000,000 issue, maturing $100,on Dec.
1, from 1948 to 1967

a

000

incl.

Dated

Dec.

1,

1947.

Denom.

$1,000. Interest payable J-D. The
bonds are optional for redemption
prior to maturity on any interest
payment date in inverse order of

for cash

cf.iers

crued

interest

plus

of 5%

if redeemed

premium

a

on

bond

per

prior to

or

Dec. 1, 1952 and V4 of 1% for each

unexpired portion elaps¬
ing between the redemption date
year

and

or

stated

maturity date of the
bond if redeemed thereafter, with
maximum premium of

a

5%. The

purchaser will be furnished with
the
man

approving opinion of Chap¬
&
Cutler, of Chicago. As

evidence of good faith, a certified
check for $80,000 payable to the

Department, is required.

to

School

Districts

Bonds

Voted—The

at

issuance

of

approved by the voters

was

recent

a

Bond

School

will

bonds

voters at
Dec.

election.

to

offered

Any

bids

rates

of

stating

interest

be

District

No.

submitted

33
the

to

election scheduled for

an

bonds.

said

for

two

will

more

or

be

not

the

are

bonds

election

authorized
7.

Ail
A

par

office.
the

value of

"heck for 3%

of the

bids

muat

bids

each

exceed

interest

3%

bonds.

Dated

Due

on

000

from

from

Jan.

1957

to

from

1967 to

Jan.

15,

terest

Jan.

be

interest.

value,

Dated

of,

will

be
Rate

in

named

Bidders
bids

of

make

to

interest

than

"split

legality
check

of

be

Hot

C00

at

watei

works

puolic

at

87.00.

was

W.

issue

of

bonds

auction

T. J. Raney

The

Springs, Ark.

Sold—An

$141,sold

was

Dec.

on

3

to

& Sons, of Little Rock,

The

next

highest bidder
Stephens Investment

R.

Trust
San

Dec.

1

of

curity

Bluff, Ark.

ized

Bond Offering—Sealed bids will

be

received

by

the

City Clerk,
until Dec. 17 for the purchase of
$335,000 airport bonds.
CALIFORNIA
Union

School
District, Contra Costa County
(P. O. Martinez), Calif.
Bond Sale—The $540,000 school

bonds

offered

on

High

Dec.

1—v.

166,

2149—were purchased by Blyth
Co., Heller, Bruce & Co., both
of San Francisco, and R. H. Moulton & Co., of Los Angeles, jointly,
at a price of 100.085, a net in¬
p.

Bonds

O'Melveny

cost

of

2.409%, as follows:
$145,000 as 2s, maturing on Jan. 1,
$15,000 from 1949 to 1956; $25,000
in 1957.;; $75,000 as 2V4S, maturing
$25,000 from 1958 to 1960, and
$320,000 as 2V2S, maturing $25,000
in 1961 and 1962, and $45,000 from
1963 to 1963, all inclusive. Dated
Jan.. 1,. 1948. Principal and interest
(J-J) < payable
at
the
County
Treasurer's office. The next high¬
est bidder was the Bank of Amer¬
ica National Trust & Savings As¬

sociation, San Francisco, for $3.0,000 as 2s, $460,000 as 2V2S, and
$50,000 ;2V4s, at 100.002.

Cypress, School District, Orange
County (P. O. Santa Ana),
Calif,
Bond

Offering

J.

Smith,

Clerk

Sch.

until

•hase

of

Dec.

will

received

be

Clerk

until

chase

of

the

purchase

exceed <3%

of

$120,000

interest

23

not

for

to

school bonds.

Dated Dec. 1, 1947. Denom.

$1,000.

Due $6,000 ft;om 1948 to 1967. incl.

Principal and interest payable at




Dec.

Interest

school
America

of

The

the

payable,..J-D.

bonds

the

was

National

next

$75,000

of

Trust

price of

a

highest
bonds

America

bidder
the

was

National

Trust

Savings Association, for 3V4S, at
price of 100.158.
Angeles County Sch. D:sts.
(P. O. Los Angeles). Calif.

Bond

Sale—The
School
Dec.

tional

on

Wil-

$139,000
District

.at the

election held

Los

Altos

bonds

1973 incl. Dated Jan. 1,

Fire

At

pur¬

Protection

held

on

Nov.

18

the

111.

Los

election
ap¬

bonds.

the

on

a.m.

the purchase of the
to

exceed

$275,000
trict

5%

9

bonds.

Denom.

for

for

Jan.

1.

as

191.000

1963

election

School

1.

as

follows:

follows:

water

1973,

on

the

Nov.

County

Bond

Sale Cancelled—The sale

of the $30,000 water works bonds
(

Scheduled for
2149—was

Dec.

cancelled.

1—v.

166,

p.

$1,000

from

1948

to

will

be

sold

for

interest.

accrued

state

separately
and the

any,

fered

Each

cash

par

bid

and

must

the premium, if
of interest of¬

rate

The

for the bonds.

shall bid

Each bidder

10%

single rate of interest.
purchaser will be furnished
with
the
approving opinion of

for, payable to
the
Chairman
Board
of
Super¬
visors, is required. These bonds

O'Melveny & Myers, of Los An¬
geles. All bids must be uncondi¬
tional.
A certified check for 3%

were

of the par value of the bonds bid
for, payable to the County Treas¬
urer, is required.

office.
of

A

the

certified

bonds

17

check

for

bid

originally

Nov.

on

offered

but

all

returned

Norwalk

for

bids

sale

received

unopened.

Los

School

District

(P.

a

Shafter Public

Utility District
(P. O. Shafter), Calif.
Offering — F. G. Shaw,

O.

Angeles), Los Angeles
County, Calif.

Bond

Clerk, Board of Supervisors, will

Bonds Voted—At a recent elec¬
tion the proposal to issue $215 000
construction bonds was ratified by

receive

sealed

Dec.

on

est bonds

Oakley Union School District,
Contra Costa County (P. O.
Martinez), Calif.
Bond

Offering—W.

T.

$230,000

until

11

a.m.

the purchase of

5%

from

1954

from

1964

20,000

$110,000 not to
school

1, 1948.
1949
to

1,

to

1963,

to

1968,

tion

the election held

in

Due

Denomina¬

1948.

1,

Rate of interest to be

multiples of x/\ of 1%. No more

than

$10,000

Oct. 23.

on

bends.

works

Jan.

$1,000.

be

rate shall be bid

one

no

will

bid

be

states different rates for

Prin¬

each

different issues,
accepted that

for

accepted

but

on

Different interest rates Will

issue.

inclusive.

all

Due $10,000
1951 to 1973

1950.

$5,000.

and

bonds.

1, from

water

Dated

follows:

as

1953;

of

inter¬

ex¬

bonds.

Denomination

Jan.

on

p.m.

$10,000 on Jan. 1, in 1949 and

8 Tor

the bonds authorized at

are

9

purchase

incl.

Paasch

Dec.

on

interest

Dated Jan.

These

the

follows:

as

sewer

Jan.

on

County Clerk, will receive sealed
bids

until

bids

for

16

$250,000 not to exceed 5%

the voters.

issue.

one

No bids for less than the

aggregate
(J-J) payable
amount of all of the
at the County Treasurer's office. 1 principal
The purchaser will be furnished bonds will be accepted. The bonds
with the approving opinion of Or- I will be sold for cash only and not

cipal

interest

and

rick, Dahlquist, Neff, Brown
Herrington, of San Francisco.
certified
bonds

check

bid

for

for,

5%

of

payable

& '
A

the

to

the

County Treasurer, is required.

less than par and
to date of

interest
trict

accrued interest

Principal and
(J-J) payable at the Dis¬
delivery.

office.

Treasurer's

The pur¬

chaser will be furnished with the

opinion

approving

of

O'Melveny

Pleasant Hill School District (P. 0.1 & Myers, of Los Angeles. A cer¬
tified check for 3% of the bonds,
Martinez) Contra Costa County,
,

I payable

Calif.
B

o n

d

Sale

The

—

building bonds offered

$47,000
Nov. 17

on

by R. H. Moulton & Co., of San
Francisco, at a price of 100.63, a
net interest cost of 2.63%, as fol¬
lows:

District,

the

to

is

re¬

quired.
Ventura

County, Port Hueneme
Sanitary District (P. O. Port
Husneme), Calif.
Bond
Sale—The $75,000
sani¬

166, p. 2038—were purchased

—v.

tation

bonds

offered

Dec.

on

1—

purchased
$20,000 as 2V2s, maturing $2,000 on | by Weeden & Co., of Los Angeles.
Dec.
1, $2,000 from 1948 to | Dated Jan. 2, 1943. Principal and
1957, and $27,000 as 23/4S, ma- ' interest
(J-J)
payable
at
the
turing $3,000 from
1958 to County
Treasurer's office.
Due
1956, all inclusive.
serially on Jan. 1, from 1949 to
Dated Dec. 1, 1947. Interest nayable J-D.

The next

2V2S, and $27,000

as

1973

2%s, at

a

price

of 100.036.

inclusive.
bonds

Winton

—

The

resolution to place on the mar¬
about Jan.
1, the following
bonds totaling $275,000: $150,000
a

ket

swimming pool; $75,000 water sys- 1
tern; $25,000 lighting, and $25,000
airport bonds.
County, Jefferson

School District (P. O.

City), Calif.
Bond Sale—The $343,000 school
bonds offered Dec. 2—v. 166, p.

of

San

price
cost

awarded

and J. Barth

Co.,

of
of

Weeden

to

&

Co., both

Francisco, jointly, at a
100.015, a net interest

about

2.387%,

as

follows:

$112,000 iv2s, due $14,000 on Nov.
1
from
1948 to
1955
incl., and
$236,000

2v2s,

due

3s,

at

DistricMerced

School

bonds

offered

$14,000

from

on

Dec.

166.

1—v.

2149—were purchased by R. H.
Moulton & Co., of San Francisco
p.

Due

serially

from

1948

are

ized

election held

at the

1965

to

the bonds author¬

incl. These

on,

Sept.

30.

COLORADO

Ele¬

Redwood

&

as

basis of 2.95%.

a

County (P. O. Merced), Calif.
Bond Sale—The $36,000 school

Offering Pending

Mateo

sold

were

price of 100.56,

a

Redding, Calif.
Bond

2149—were

p.

The

highest bidder

Weeden & Co., for $20,000 as

was

166,

v.

2149—were

Lake

Water
Wcrks Dist. No. 5, Lake Coun'y
(P. O. Lakeport), Calif.

$10,000

bonds

Principal and interest (J-D) pay¬
able
at
the
County Treasurer's

mentary

general

bonds.

Middletown

District

from 1950 to 1967, and $11,000
in 1963.

Voted—At

for

Principal and interest
County Treasurer's office.

3V2s, at 101.05.

4, the voters
approved the issuance of $425,000

inclusive.

Duarte

as

23

Denomination

1, 1947.

Due

the

The

incl. No bids for less than par and
interest will be accepted.

Martinez, Calif.

bonds. Denom. $1,000. Due on

Jan.

$44,000

Bonds

Dis¬

$1,000.

to

were

National

Dec.

on

incl.

accrued

San

$11,000 from 1950 to 1962. and

from

America

Savings Association, San
Francisco, for $189,000 as 3V2S, at
101.004, and William R. Staats
Co., §nd Redfield & Co., jointly,

following not
School

highest bidders
of

&

a.m.

only and at not less than

$4,000 from 1948 to 1960,
$3,000 from 1961 to 1967, both

City Council is said to have passed

next

interest bonds:

Paramount
011

Dec.

1, 1948. Due seri¬

Jan.

Bank

Trust

Bond Offering — Earl Lippold,
County Clerk, will receive sealed
10

o r

The

Angeles County Sch. Dists.,

until

Dated Jan.

office.

Calif.

bids

bonds

1, from 1950 to 1971
incl. Principal and interest (J-J)
payable at the County Treasurer's

proved the issuance of $35,500 fire
station

$44,000

by the SecurityFirst National Bank, of Los An¬
geles, as 3V4S, at a price of 100.-

14.

voters

the

District

purchased

were

District,

the

time

same

School

ally

Voted—At

1948. Prin¬

(J-J)

payable
County Treasurer's office.

the

Bassett

Calif.
Bonds

interest

and

the

at

bonds.

Oct.

Bank,

cipal

authorized

on

bonds.

15, 1947. Denomina¬
Due on Dec. 15, as

bonds

of Los

bids

the

Dec.

$1,000.

and

2—v.

of Los Angeles, all
Angeles, as 3V4S, at a price
of 100.28, a basis of 3.223%. Due
serially on Jan. 1, from 1950 to

pur-

County

school

are

the

the
for

9

These

both

Dec.

by

$150,000

bids until

on

same

by the Se¬
National
Bank
of

offered

Sealed

—

$1,000.

follows:

Dis¬

the

Los

Calif.

Offering

Dated

tion

school

11

Dated Dec.

for

15

at

Due

a

Lone Star Unicn School Dis'.rict,
Fresno Conn'-" fP. O. Fresno),
Bond

Dec.

on

interest

5%

from

Los

the

p.m.

ceed

$1,000.

&

$60,000 school bonds.

$12,000

a.m.

on

May and
to legality

for

15

3

$2,000

incl.

100.467.

San

Dist.

until

until

1962

1,

purchased

lowbrook

County Clerk, will receive sealed
11

School
at

Co., jointly, for 2s, at

incl.

of

bids

the purchase of $15,000 not to ex¬
ceed 5% interest building bonds.

the purchase of $73,000 not to ex¬

Interest

166, p. 2255
Joaquin
—were
purchased by a syndicate
County (P. O. Stockton), Calif.
Bond Offering — Sealed bids composed of R. H. Moulton & Co.,
will be received by the County Blyth & Co., Security-First Na¬

Due

B.

—

on

last

Myers

Oct.

on

incl.

as

Savings Association, San Fran¬
cisco,
Harris
Trust
&
Savings
Bank,
Chicago,
and
Weeden
&

ot'

Angeles.

&

terest

&

bids

Offering

—
B. J. Smith,
County Clerk, will receive sealed

basis

a

&

author¬

were

by

The next highest bidder for the

price

1984

have been approved as

by

1966

$3C0,000

$1,500

to

1949

election

an

Lockeford

Acalanes

Due

100.577,

offered

First

Bank

1948.

Calif.

Offering—A. E. Mallagh,
County Clerk, will receive sealed

1935

con¬

a

County (P. O. Santa Ana),

bonds.

Bond

ceed

2

J-J.

at

4%s, at

Savanna School District, Orange

ap¬

Nipomo School District, San Luis
Obispo County (P. O. San Luis
Obispo), Calif.

Angeles, as 3V4S, at a price of
100.705, a basis of 3.17%. Due
c?rinlly on Dec. 1, from 1948 to

National

$54,000

163,

Los

basis of about 4.726%.

a

from

2

of

as

25—v.

purchased

$75,000 Azusa

were

for

Jan.

interest

Pine

bonds

100.26,

Dated
Tan.

Co., at Co.50.

issue

an

voters

Bond

were

serially

to

time

Savings Association,
Francisco, was awarded

struction

Due

1943

bonds

&

Su¬

of

Los Angeles,

Bank

America

of

1.94%.

The

(P. O. Hanford),

Bank

Co., of

trict

Calif.

Bonds

issue, payable

Nov.

on

price of

rate"

for

District

the

of

the

the issuance of $1,000,000

construction

payable A-O.

King County, Armcm Sanilary
ARKANSAS

3%

Board

were

—

a

at

from

$25,000 payable to the
City Treasurer, is required.

12.

for each

&

2s,

Approval of
A certified

optional.

for

Chairman

2038

p.

three different coupon

is

check

but not

rates,

rates may be named.

the

Blyth

ac¬

to

of

amount

certified

multiple of lk of 1%.

a

may

as

interest

entire

single
bid lor

or

bonds offered

delivery there¬
or

a

any

for

said

Angeles County Sch. Dists.
(P. O. Lcs A.ngelcc), Calif.
Bond Sale—The $300,000 Pasa-.
Jena City Junior College District

accrued

entertained

at

and

be

the

25

Los

for less than

together with

shall
of

of

pervisors, is required.

The bonds may

No bid

the

bonds

for varying rates
interest, will not be considered.

to

to both principal

as

bid

issue

interest,

bonds bid

Principal and in¬
payable at the City

registered

and

1348.

as

Treasurer's office.

the

A

1948.

(J-J)

bonds,

deliv¬

of

to

1969, all incl.

than

said

series

15,

for

each

less

follows: $40,1956; $50,000
1986, and $60,000

15,

1949

of

of

the
the rate of

and

any,

amount

of

and

par

separately

offered

rate

sealed

pay

to date

state

entire

bonds

Roughton,

sewer

interest

to

that

state

At the election

—

Nov.

on

proved

of in¬

Rate

must

issue. Each

the

receive

Denom.

1948.

offers

and

interest

until 11 a.m. on Dec. 16 for
purchase of $1,000,000 not to

the

A

will

School

multiples of % of

bid

premium, if

Fresno, Calif.

Clerk,

1,

be in

Each

accrued

bonds, payable to ine County
Treasurer, is required.

Bond Offering—D. E.

Jan.

bidder

ery

the

City

held

$500.
Jan. 1 from 1950

on

High Sch. D'st., 1956 to 1970 incl., and $13,000 in
1971
and
1972.
The
bonds
are
County, (P. O.
dated Nov. 1, 1947.
Martinez), Calif.
Costa

Bonds Voted

1951

1%. Principal and interest (J-J)
payable at the County Treasurer's

certified

on

53

Diablo Union

Contra

inclusive.

1963

terest to

the

unconditional.

oe

Nov.

at

from

Lake

bonds.

$500

Dated

ac¬

cepted. The opinion of O'Melveny
and Myers, of Los Angeles, will
be furnished the purchaser. These

more

Election—The issuance of

$100,000

District

interest

cepted.

$84,000 Gila Bend School District

Elizabeth

12,000
Due

par

(P. O. Phoenix), Ariz.

bonds

of

date

$10,000

and

1963 inclusive.

delivery arid state separately the
premium, if any, and the rate of

interest to date of

County

the

to

1950,
to

ac¬

all of the bonds, nor for less than

ARIZONA

Maricopa

and

and

par

pay

Mt.

bonds. Denom. $1,000. Due on
5an. 1, as follows: $5,000 in

less

for

only. Each bid must state

Didder

maturities at par and accrued in¬
terest

sold

be

than par and accrued interest

Terminals, will
receive bids until 10 a.m. (CST)
on
D^c. 16 for the purchase of
not

not

(2357)

City Department

185,000 Lawndale School District

County Treasurer's office. The

bonds

CHRONICLE

PROPOSALS AND NEGOTIATIONS

BOND

ALABAMA

FINANCIAL

&

Pueblo, Colo.
Bonds Sold—The $650,000

bonds
election
on
Nov.
4
were
purchased by
Hutchinson & Co., of Pueblo, as
authorized at the general

follows:

$325,000 police station bonds.
200,000 health center bonds.
125,000 fire station bonds.

Sterling, Colo.
Bond

Sale—The $300,000 water

refunding

bonds

offered

on

Dec.

54

2

(2358)

—

166, p. 2256 —
by a syndicate

v.

chased

were

pur¬

Co., Peters, Writer
& Christensen, both of Denver,
and Otis & Co., all of Cleveland,
at

par,

interest

net

a

Wallingford,

composed

of Boettcher &

of

cost

2.06%.
CONNECTICUT

Bond

Bethel, Conn.
Bond

—
George F.
Village Treasurer, will

receive
on

sealed

Dec.

10

bids

at

the

until

3

p.m.

of

office

Board

the rate

10 for the

purchase of $350,000 coupon ele¬
mentary school bonds. Dated Dec.
1, 1947. Denomination $1,000. Due
$35,000 on Dec. 1 from 1948 to
incl.
of

Bidder

interest,

multiple

of

lk

to

name

in

National

Bank

of

of

multiple

a

1/10 of 1%. Principal and

in¬

terest

(J-D) payable at the Danbury National Bank, of Danbury.
The bonds will be sold subject
the legal opinion of Day, Berry &

V

Howard
be

of

Hartford.

registered

with

National Bank

bids

for

to

as

less

Bonds

the

may

Danbury

principal. No

than

and

par

ac¬

crued interest will be considered.
A

ff

certified

check for $2,000

Bank

1.215%.

of

1948

to

1957

Dated

ele-

Dec.

Dec.

1

1,

from

bids
the

Co., jointly, for 1.30s, at

until

bonds

a

2

p.m.

Dec.

on

of $475,000
follows:

as

15

for

coupon

$350,000 special tax school district
No.

2

bonds.

follows:

as

Due

Dec.

on

$11,000

from

15.

1948

1950; $15,000 from 1951 to
1953; $16,000 from
1954
to
1956; $17,000 in 1957 and 1953;
$18,000 in 1959 and 1960; $19,000 in 1961; $20,000 in
1962;
$21,000 in 1963; $22,000 in
1964; $23,000 in 1965; $24,000

price

$675,000 bonds

in

Dec. 2—v. 166, p. 2256
purchased by Harriman
Ripley &
Co.,
Inc.,
Hemphill,
Noyes & Co., and the First of
Michigan
Corp.,
both
of
New
York, jointly, as lt^s, at a price

A

basis

a

of

1.45%,

and

$25,000 in

1967.

certified check for $7,000
payable to the Board of Pub¬

on

—were

100.31,

1966,

lic Instruction, is required.
125,000 special tax school district
No.

5

to

as

bonds. Due

follows:

as

1951;

$5,000

Dec.

on

$4,000

from

from

15,

1948

1952

to

follows:

000

Due

serially

1949 to

Dated

for

k*-

29

1,

J-J.

1947.

The

Interest

next

highest

lVzS, at

price of 100.287.

a

New Haven, Conn.
Bond Offering — Cecil J. Marlowe, City Controller, will receive
sealed bids until 1:30 p.m. on Dec.
11 for the purchase of

$431,000

bonds, divided

coupon

as

follows:

$172,000 general public improve¬
ment bonds, No. 11. Due Dec.
1,

follows:

as

1949

from

259,000

1953

to

1956 incl.

improve¬

bonds, No. 12.

Due Dec.

follows:

$29,000 from
1949 to 1955 incl., and
$28,000
as

in 1956 and 1957.
All of the bonds

are

$1,000.

interest

multiple

to

of

be

y4

and interest

1%.

in

a

Principal

(J-D) payable at the

City Treasurer's office. Bonds are
convertible from coupon into
reg¬
istered form at any time.

Legality

to be approved

by Storey, Thornr
dike, Palmer & Dodge of Boston.
Stamford
Note

(Town
Offering

Hemming,

Town

Conn.

William

Treasurer,

receive bids until
for

of),

—

noon

on

P.

the

Dec.

1947-1948.

Dated

authenticated

Dec.

1948.
as

10, 1947.
Notes will be

to

genuineness
and validity by the First National
Bank of Boston, under advice of

Ropes, Gray, Best,
Rugg of Boston.
'

-Coolidge
*




Oct.

on

in

1,

rate

of

bear

redemption

interest

y4

or

to

in

a

1%.

of

interest

on

Dec.

on

interest

any

thereafter,

prior

If

at

bonds

less,

bear
all

more

the

non-callable.
terest

(J-D)

1957,

payment

tion $1,000.

at

payable

Denomina¬

Rate of interest to be

(A-O)

Barnett

National

payable

the

at

Bank, Jackson¬
ville. The approving opinion of
Giles J. Patterson, of Jacksonville,
to

as

will
A

ihc

be

validity

of

the

the

check

value

par

of

furnished

certified

bonds

purchaser.

for

of

the

bonds,

the

2%

is

If

Bids

Rejected

ceived

for

bonds

rejected.

bids

$803,000
Nov.

on

The

Instruction

All

—

the

offered

Board

may,

bid

received.

competitive
3 V2 %

and

re¬

school

25

of

within

The

bids

were

Public

30

two

Port

tended—At

of the

&

Approved—The

Authority

approved the
000

revenue

and

officials

said to have
issuance of $3,000,are

bonds for

improvements

refinancing

at

Miami

In¬

ternational Airport. The proceeds
will

be

in

used

part

to

retire

$2,400,000
outstanding
bonds,
thereby giving the county full
administrative
tions.

control

of

opera¬

Richey, Fla.

Voted

—

The

complete

Ex¬

to have

the

an

period

are

to

city's

refunding

bond program. It was also voted
to pay $7,935 past due interest on
bonds and $13,000 on the amount
due

the

on

judgment secured by
R. E. Kennedy, bondholder. The
paying of back interest will not
be

done

immediately.

states that at the election held on
10 the voters
approved the
of
the $1,350,000 civic

issuance

building

bonds

by

a

count

of

3,385 to 415.
'1

Escambia

County (P. O.
Pensacola), Fla.

Date

of

connection

Sale
with

Corrected
the

sale

—

of

Offering

City

receive

—

J.

E.

Clerk-Comptroller,

sealed

bids

until

11

fied

$550,was

recently by the Trust
Georgia, Brooke, Tindall
& Co., Johnson,
Lane, Space &
Co., and Wyatt, Neal Waggoner,
all of Atlanta, jointly. Dated
July
1,

of

1947.

lows:

Due

July

on

$35,000

from

1,

fol¬

as

1948

to

1957,

and

$40,000 from 1958 to 1962, all
Principal and interest (J-J)
payable
at
the
Trust
Co.,
of
Georgia, Atlanta. Approved as to
legality
by
Spalding,
Sibley,
incl.

Validated—A recent de¬

handed

down

by the State

court, which had approved the is¬
of

suance

the

bonds, voted

$550,000

at

the

school

election

held

May 30.

on

revenue

certificates,

and

of

1947

Junior Lien.

Dated

1949; $15,000 in 1950; $25,000

in 1951 and 1952; $25,000 from 1953
to 1955, and $30,000 in 1956 and

1957.

All

certificates

which

Secretary
will

of

and

of

their

accrued

and interest

or

maturities

at

par

interest.

Principal
(J-D) payable at the
City Clerk-Comptrol¬

at the Chemical

Bank

&

Co., New York City. The
approving opinion of Mitchell &
Pershing, of New York City, will
be furnished the purchaser. A cer¬
tified check for 2% of the Certifi¬
cates bid

for, payable to the City,
is required.

Chairman Port Authority, will re¬
ceive sealed bids until 10 a.m. on

Board

receive

8 p,m

of

par

is

re¬

Education,

sealed

bids

until

Dee. 15 for the purchase

on

$1,700,000

to

not

exceed

2V2%

interest

building coupon bonds.
Dated Dec. 1,1947. Denomination

$1:00J.

Due

1.

Dee.

on

follows:

as

$45,000 in 1949 and

1950; $50,000
in 195.1; $55,000 in
1952, and 1953;
$60,000 in 1954; $65,000 in
1955;
$70,000 in 1956; $75,000 in 1957;
$80,000 in 1958; $105,000 in 1959
and 1960;
$110,000 in 1961; $115,000
in
1962; $125 000 in 1963;
$130,000 in 1964; $135,000 in 1965
and
1966, and $i40,0J0 in 196/.
Registerable as to principal only.
Principal and interest (J-D) pay¬
able at such

in

pany

bank

a

trust com¬

or

the

City of Chicago, as
may be mutually agreed upon be¬
tween the purchaser and the Dis¬
trict.
No bids will be considered

which

specifies

different
rates

of

must

1%.

be

of
in

The

furnished

than

more

rates

three

interest.

All

multiples of !4

purchaser

with

will

be

the

approving
opinion of Chapman & Cutler, of
Chicago.
A certified check for
2V2%

of

the

value

par

of

the

bonds bid for, is
required.

Kane

County School District

No.

101

(P. O. Batavia), III.

Bond Offering

Harry Pierce,
Education,

—

Board

will

receive

p.m.

on

of

sealed

bids

15

the

Dec.

for

until

terest

school

Dated Dec.

$1,000.

building

1, 1947.

Due

bonds.

Denomination

Dec.

on

l,.as follows:
$20,000 from 1948 to 1951; $25,000
from

1952

to 1958; $30,000 from
1965, and $35,000 in 1966.

to

at

such

in

pany

bank

the

State

purchaser and

trust

or

as

may
be
between the

upon

the

pay¬
com¬

District.

Reg¬
No

Offering—Robert L. Wil¬

istered

Chairman,

bid for less than par will be con¬
sidered. No bid for more than two

bids

until

will
2

receive

p.m.

Dec.

on

to

as

principal

only.

10 for the

different interest rates will be

port

cepted.

purchase of $92,000 air¬
bonds.
Dated Jan. 1, 1948.

Denomination $1,000.

Due

on

Jan.

bid

in

1, as follows: $10,000 from 1953
to 1960, and $12,000 in 1961. Bonds
due from 1953 to 1960 shall ma¬

These

ture without option

the

ment.

of prior pay¬

Bonds due in

callable

for

1961

shall be

in

inverse

payment

numerical order of their numbers
at par and accrued interest

on

the

name

the

rate

bonds

or

will

multiple of Vs of 1%.
interest

and

Charles

opinion

Ror»ds

the

to

1%.

Nov.

2.

The

furnished

with

on

be

for

$5,000 payable to

Treasurer, is required.

Voted—The

$100;000
bonds
at

a

Authority,

issuance

of

pumping
equipment
approved by the voters

recent

election.

Northville

Township (P. O.
Northville), III.

of

for $2,-

(P. O.

was

Bonds

Not

000 road

to

of

Meredosia), Whiteside
County, III.

chaser.

payable
required.

Vs

Meredcsia Drain. Dist.

tion

check

held

check

Trauernicht,
of
St.
Louis, will be furnished the pur¬
A certified

of

approving opinion of Chap¬
& Cutler, of
Chicago. A cer¬

the District

in

Principal

&

000

ac¬

requested

the bonds authorized at

are

tified

by

legal

multiple

election

man

rates of
bear

payable at the bank

The

a

are

Jan.

trust company to be designated

or

Bidders

purchaser will

1, 1950, or on any interest pay¬
ment date thereafter. Bidders are

a

8

purchase
$500,000 not to exceed 2V2% in¬

of

mutually agreed

Cairo), III.

not

Voted—At

elec¬

an

held

recently the voters did
approve the issuance of $100,improvement bonds.

is

Palestine, III.
Bonds Authorized—The

Village

DuPage and Cook Cos., Hinsdale- Council is said
Clarendon

ture in
the years
1953 to 1957,
incl., shall be subject to redemp¬
tion Dec. 1, 1952, or on any in¬
terest
payment date
thereafter,

order

the

No. 86 (P. U. Hinsdale), III.
Bond Oliering—C. E.
Spearman,

able

County Airport
Authority (P. O.

ma¬

prior to their respective maturi¬
ties, at the option of the City in
whole or in part in the inverse

of

bid for,

Principal and interest (J-D)

ILLINOIS
Alexander

sioners.

water

the

2V2%

bonds

DuPage and Cook Cos., Hinsdale
Township High School District

1959

terest

for

for

of the

quired.

Secretary,

Troutman & Kelley, of Atlanta.
Bonds

check

value

the purchaser, subject to the
approval of the Board of Commis¬

22

Bond Offering—Leon D. Lewis,
In

of

purchase
of $250,000 not to exceed 3% in¬

Dec.

on

St. Petersburg Port Authority, Fla.

the

issue

purchased

interest

Trust

Nov.

Sale—An

requested to

Pensacola, Fla.
Certificate

ler,

City Clerk

for

91/2 % school house bonds

sealed

Program

six-month

office of the

Daytona Beach, Fla.
Bonds

Bond
mo

Bond

Dec. 1, 1947. Denom. $1,000. Due on
Dec. 1, as follows: $10,000 in 1948

Bonds

be

must

County, County Sch. Dist.
(P. O. La Fayette), Ga.

liams,

issue

County Port Authority (P. O.
Miami Springs), Fla.

and

Walker

3.35%

the

Dade

1%,

$300,000 pay¬
Authority, is required.

days

recent

a

additional

a.m.

approving opinion of Cald¬
well, Marshall, Trimble & Mit¬
chell, of New York City.

of

check

able to the

highest

for

were

Refunding

in¬
La

certified

bonds, respectively.

New
Bond

will

the

multiples of

for all of the bonds. The

same

privately at a price
better, than the best

or

Frenkel,

at

in

approving opinion of Wood, King
& Dawson, of New York
City, will
3e
furnished
the
purchaser.
A

sell th# bonds

equal to,

or

Bank, Chicago. The

be

No.

be

and

to

1/10

or

cision

at
the

Authority's fiscal
New York City, or the
agency
of Florida. Rate

County Special Tax Sch. Dist. Supreme Court validated and con¬
firms
the
1 (P. O. Fort Myers), Fla.
findings of the trial

Lee

Chapman & Cutler, will be
furnished the purchaser.
A certi¬

the

interest

the

re¬

quired.

shall

Principal

Salle National

or

of

Co.,

1947.

1,

interest

2.99%

bonds

$50,000

and

1954.

expressed in multiples of Va or
1/10 or 1/20 of 1%. Principal and

date

maturity

interest.

interest

of

15,

to

plus accrued

par

Oct.

1952,

refunding agents,

requested

paying

as

decided that Crummer & Co., Inc.,

Denom.

at

lk of 1%. The approving opin¬

ion of

agency in

and

1948

to

payable

than 2.99%, the bonds
maturing in
1958 to 1967 shall be
subject to

9

the

Due June 30,

Due

meeting of
the City Council, it is said, it was

1947.

are

1953

Dated

and

certified

Public

15,

Bidders

bonds

will

purchase at discount of
$2,750,000 notes issued in antici¬
pation of taxes for the fiscal year

I

of

multiple of 1/100

dated Dec.

expressed

of

series

Instruc¬

A

$2,500

Dec.

the

name

1, 1947. Denomination $1,000. Rate
of

1966,

able

pay¬

.

purchaser will be furnished with

general public

ment

1,

$22,000 from
incl., and $21,000

to 1952

1967.

Board

Dated

the First Boston Corp.,

v/as

to

tion, is required.

July 1, from

on

for

the

bonds.

1962

in

check

1966 incl.

July

payable
bidder

series

from

$9,000

bonds. Due serially on
July 1,
from 1949 to 1957 incl.

school

1948;

County,

$25,000

and

$7,000 from 1959 to 1961; $8,-

175,000

bonds.

in

1954: $6,000 from 1955 to 1958;

$500,000 veterans' temporary
housing series I second issue

or

Oct. 1, as

on

Broward

follows:

to

New Britain, Conn.

of

2

$40,000

purchase

of 100.088.

offered

250,000

a price

(P. O. Titusville), Fla.
Bond Offering—Damon
Hutzler,
County Superintendent of Public
Instruction, will receive sealed

incl.

Sale—The

at

in

1949; $30,000 in 1950 and 1951;

the First Boston Corp., and Cooley

Bond

Francis I.1

100.51.

Principal and
•interest
(J-D)
payable
at
the
Bridgeport-City Trust Co., Bridge¬
port. The next highest bidder was
&

of:

in

$72§,000

on

State

Due seri-i
incl. The

on

part
or
in
after March 1, 1953.

Volusia Ccun'y Special Tax
Sch. Dist. No. 8 (P. O.
fol¬
De Land), Fla.
lows: $15,000 in 1948; $20,000
Bonds Defeated—At the election
in 1949; $25,000 in 1950; $30,000 in 1951; $35,000 in 1952; held on Nov. 18 the voters
rejected
$40,000 in 1953; $45,000 in the proposal to issue $250,000 con¬
1954; $50,000 in 1955; $55,000 struction bonds.
in 1956; $65,000 in 1967, and
GEORGIA
$70,000 in 1958.

FLORIDA

Merrill Lynch, Pierce, Fenner &
Beane, both of New York, jointly,
as
1.30s, at a price of 100.18, a
of

the

on

$50,000

1 bonds. Due

Brevard County School Districts

—

1947. Due serially

of

Oct. 1, as

fol¬
$60,000 in 1949; $70*000 in 1950;
$75,000 in 1951; $80,000 in
1952; $90,000
in
1953, and
$100,000 in 1954.
450,000 Suwannee County, series
lows:

1, 1941. Principal and
(J-D)
payable
at
the

Delaware, Wilmington.
ally from 1949 to 1960
next highest bidder was
du Pont & Co., for l%s,

whole

of

in

Principal and interest (M-S)

V4

3 bonds. Due

Dated June

Farmers

exceed

•

$525,000 Highlands County, series

166,;

interest

to

redeemable

are

follows:

pay-

mentary school bonds offered on
Dec.- 2
v.
166, p. 2256 — were
purchased by Lehman Bros., and

basis

Offering—C. H. Overman,

2149—were purchased by Laird:
& Co., of Wilmington, as
l%s, at
a price of
100.55, a basis of 1.416%.

Fairfield, Conn.
Sale—The

26—v.

improvement Commission
O. Tallahassee), Fla.

p.

able to the Village, is required.
Bond

Nov.

on

the

registered bonds. Dated
Sept. 1, 1947. Denomination $1,000.
Due on Sept. 1, 1987. The bonds

the

Boston.

for

not

coupon or

mission, will receive sealed bids
Until 2 p.m. (EST) on Dec. 18 for
purchase of $1,225,000 reve¬
nue
coupon
bonds, divided
as

a

Monday, December 8, 1947

purchase of $15,-3 ¥2% in¬
terest Tampa 'Bay Bridge revenue

Director State Improvement Com¬

1%.

12

OOOjOOO

16.

(P.

Day,

First

Dec.

on

Bond

Principal
interest (J-D) payable at the

and

Dec.

15—

2256—we learn that the

p.

Florida

one

expressed

of

166,

Dec.

on

CHRONICLE

bonds

revenue

sale

sale will be held

bonds offered

of interest in

for

until 2:30 p.m. on Dec.

Legality to be approved by Ropes,
Berry & Howard, 750 Main Street, Gray,
Best, Coolidge & Rugg of
Hartford, Conn., for the purchase
Boston.
of $250,000 water issue of 1947
coupon bonds. Dated Dec. 1, 1947.
DELAWARE
Denomination $1,000. Due on Dec.
New Castle County (P. O.
1, as follows: $13,000 from 1948 to
Wilmington), Del.
1957, and $12,000 from 1958 to
Bond Sale—The $60,000 airport
1967, both incl. Bidders to name

"f

bridge

scheduled

of

v.

rate

Offering

$1,500,000

Conn.
The

FINANCIAL

Selectmen will receive sealed bids

1957

Andrews,

Offering

&

COMMERCIAL

THE

-

Hills

Community

Consolidated Sch. Dist.
No.

of

(P. O. Hinds-

181

Bond Offering—C. E.

Board

will

receive

8 p.m. on

of

of

sealed

$33,000

street

improvement

bonds.

dale), III.
Secretary

to have passed an
ordinance calling for the issuance

Spearman,
Education,
bidd
until

Dec. 15 for the purchase

$300,000 not to exceed 2V2% in¬

school
house
site
coupon
bonds. Dated Dec. 1, 1947. Denom.

Pekin Park District, ,111.
Not Voted—At the gen¬
eral election on Nov. 4 the voters
Bonds

did

not

$50,000

approve

the

building

issuance

df

maintenance

bonds.

terest

$1,000. Due

Dec. 1.

on

as

follows:

Thomson

Consolidated

Sch.

Dist.,

No.

74, III.
Bonds Sold—The $100,000

from

$10,000 from 1949 to 1958; $20,000
1959
to
1963, and $25,000

struction

from

con¬

election

1964

to

Registerable

1967, all inclusive.
to principal only.

as

Principal and interest (J-D)

pay¬

able at any bank or trust company
as

may

between
District.

be mutually agreed upon
the purchaser and the
No

fered which
three

bid

will

specifies

different

rates

be

consid-

more than
of interest.

Rate of interest to be in

multiples

bonds

authorized

at thd

held on Sept.
13 were
purchased by the H. C. Spears &
Sons Co., of Chicago.

Thornton

Township

School District

(P.

Thornton),

High

Ill.t

O.
>

<•

Bond Election—The issuance of

$1,500,000 construction bonds will
be, submitted to the voters at
election scheduled for Dec.

13.

an

Volume 166

Number 4653

THE

COMMERCIAL

Bond

to

County (P. O. Carmi), III.
Ejeution—At

be held

will

Dec.

on

consider

$'500,610

an

16

the

issuance

of

INDIANA

Albion, Ind.
Bond Sale—The
$70,000 electric
revenue bonds offered on
Bee. 1—v.
166, p. 2150—were

utility

pur¬

chased

by

Charles

A.

Hinsch

&

to

19fc6,

voters

house bonds.

court

1949

t^iioxi

the

and $4,000 from 1967 to 1986

incl.
to

1957; $3,000 from 1958 to

Bonds

1986,

maturing

optional in inverse
numerical order, at 102, and ac¬
crued interest on any interest pay-?
ing date on or after July 1, 1969.
Principal and interest (J-J) pay¬

Dated

able
at
the
Sellersburg
State
Bank, Sellersburg. Approved as to
legality by Chapman & Cutler, of
Chicago.

-

able at the Albion National

bonds offered

of

pay¬

suit

of

Trustee, will receive
sealed bids until 8
p.m. on Dec. 8
for the purchase of the
following
not to exceed
4% interest school
of 1947 bonds:
school

Due

township bonds.
July 1, 1947; $500
July 1, from 1949 to

the

at

with

water

in

the

Bank

2039—we

$500

that

3s, at

as

Nov.

on

166,

the

p.

ma¬

1965;
$500 Jan. and $1,000
July 1, 1966, and $1,000 Jan.
and July 1, 1967.
20,900 civil township bonds Due

—

consideration

the

issuance of $1,-

600,000 parking garage bonds.

July 1, 1948; $500 Jan.
July 1, from 1949 to 1965.
Jan. and $1,000
July 1,
1966, and $1,000 Jan. and July

1, 1967.
Dated Aug. 1, 1947.
Denomina¬
tion $500 and $900.
Rate of in¬
terest to be in
multiples of V4 of

1%,

and

shall
No

not

be

bid

crued

named

for

than

more

by

less

each

than

rate

one

and

par

will

be
be

Bonds
held

Voted—At
Nov.

on

water

the

a certified check
for $250 pay¬
able to the Civil
Township, is re¬

quired.

Indianapolis School City, Ind.
Bond

Offering
Business Director.

V.

Bailey.

Board

School

Commissioners, will

receive sealed

M.

—

bids until

Bond
be

bonds.

5%

Dated

interest

the

of

ap¬

$6,500

22, 1947.
De¬
nomination $1,000. Due on Jan.
1,
follows: $45,000 from 1949 to
1965, and $40,000 from 1966 to

memorial

8, the voters
issuance of $25,.-

athletic

field

im¬

bonds.

—

ap¬

proved

the

issuance

of

KANSAS
El

Bond

Sale

Details—In

pay¬

able to the Board of School Com¬

166,

p.

of 1.56%.

Dated Nov. 1, 1947. Due
on Jan.
1 from 1950 to

Nov. 28

on

Perry School District, Kan.
Sold—The $115 000 con¬
bonds authorized

election held

Wichita.

est

of

Detmer

&

Co.,

jointly,

for

Bond

Rensselaer,
ming pool
28

v.

Ind.

166,

on

Nov.

1935 — were pur¬
chased by the State Bank of Rens¬
—

the
sold

the

Sale

of

selaer.

Dated Dec. 1, 1947. Inter¬
payable J-J. Due serially on
July i, from 1948 to 1955 incl.

by

on

Dec. 2

syndicate

a

Harris

Trust

were

pur¬

composed
&

Savings

Wichita, and Estes, Snyder &■
Topeka, as l%s, at a price
100.079, a basis of 1.365%, as

follows:

Channer
cago,

is

$125,000
works

Publicly Offered

$657,745.61

paving

bonds.

Due

745.61

in

on

1948.

and
Dec.

sewer

1,

$63,$66,000

and

from 1949 to 1957 inclusive.
298.626.73 general street

Securities

on

revenue

Co.,

refunding and im¬

bonds.

Dated

July 1,
$1,000. Due
follows: $2,000 from

Denomination

Jan.

The

of Chi¬
offering for investment
3V2%
interest
water

provement
1947.

bonds. Due $28,626.73 in 1948,
—

1,

as




Rus¬

was

Long, for 2V4S, at 100.70.

Offering

Clerk,
until

of

and

be held in the very near
future the voters will consider the
issuance of $175,000 construction

3%

airport
1947.

interest

Parish

School

will

receive

sealed

bids

1,

as

$175,000

Minden

School

District

bonds.

50,000

Heflin

School

District

bonds.
These

are

the bonds authorized

at the election held

$14,000 in
$15,000 in

cently by F. W. Home & Co., of

Concord, and Kenneth B. Hill &
Co., of Boston, jointly, at a price
of 100.342, a net interest cost of
2.301%, as follows: $60,000 as 2s,
maturing $12,000 on Nov. 1, from
1949 to 1953; $120,000 as
2V4S, ma¬
turing $12,000 from 1954 to 1963,
and $60,000 as
2V2S, maturing $12,000 from 1964 to
1968, all inclu¬
sive. Dated Nov. 1, 1947.
Principal
and

interest.

(M-N)

payable

at

the National Rockland
Bank, Bos¬
ton, or at the Frontier Trust Co.,
Fort Fairfield.
Approved as to

are

part

$30,000 from 1949 to 1957

of

an

issue

Chapman &
These bonds
of

MARYLAND
Prince

George's County (P.
Upper Marlboro), Md.

Bond Sale—The

tal and

O.

$750,000 hospi¬

public building bonds of¬

fered

on

were

purchased

Dec.

2—v.

166,

by

a

p. 2151—
syndicate

composed of Phelps, Fenn & Co.,
of New

York, Schoellkopf, Hutton
& Pomeroy, of
Buffalo, Reynolds
& Co., of New
York, Dolphin &
Co., of Philadelphia, and Ferris &
Co., of Washington, D. C., at a
price of 100.01, a net interest cost
of

Harriman

was

Inc.,

and

jointly,

as

Ripley & Co.,
Smith, Barney & Co.,
2.60s, at 100.599.

Knuckles, Jr.,
Officer, re¬
ports that 4% refunding bonds
Nos. 16 to 22, totaling $4,500, are
called for payment on Jan.
1, at
the

Continental

Bank

&

Trust

Illinois

Co.,

of

National

Chicago.

Dated Jan. 1, 1940. Interest ceases
on date called.

park

improvement

St.

bonds.
and

Due $11,787 in
1948
$15,000 from 1949 to 1957

inclusive.
Dated
were

Dec.

(P. O. St. Matthews), Ky.
Issue

ported that

1,

1947.

The

bonds

sold subject to the approving

is

now

a

Pending—It is re¬
$2,000,000 bond issue

under consideration

trict officials.

by dis¬

$400 000 veter¬

coupon bonds offered
1—v. 166, p. 2257—were

purchased

by Blair & Co., Inc.,
Co., and Lee Higgin¬
Corp., jointly, as 2s, at a price
of
102.761, a
basis
of
1.737%.
Dated Dec. 1, 1947.
Due serially
Estabrook &

Dec. 1, from 1948 to 1967 inclu¬
sive. The next highest bidder was
First Boston Corp., as
on

the

2^, at

price of 102.14.

of

Sale Postponed—The

sale

the

$300,000 veterans' housing
bonds scheduled for Dec. 3, 'has
been postponed until Dec. 9. The
bonds will be dated Aug.
Due
to

1, 1947.
Aug. 1, $15,000 from 1948

on

1967

inclusive.
MICHIGAN

Detroit, Mich.
Sale—The $917,000 public

Bond

utility, water, series "R" bonds of¬
fered

Dec.

on

2—v. 166, p. 2151—

purchsaed

were

by a syndicate
composed of Halsey, Stuart & Co.,
Bosworth
&
Co.,
Inc.,

Braun,

Hornblower
&
Weeks, of New
York, and Field, Richards & Co.,
of Cleveland at a price of 100.0994,
net

interest

cost

$66,000

of

2.1983%

as

2V4S, maturing
Dec. 15, 1956; $193,000 as 2s,
maturing $84,000 in 1957; $109,000
in 1958, and $658,000 as 2!4s, ma¬
turing $132,000 in 1959; $153,000 in
1960; $175,000 in 1961, and $198,as

in

000

Dec.
J-D.

1962, all inclusive.
Dated
15, 1947.
Interest payable
The next highest bidder was

the Bankers Trust
First Boston

Co., New York,
Corp., First of Mich¬

igan Corp., and Crouse
jointly, for $150,000 as 2s,
$767,000 as 2 Vis, at par.

Co.,
and

Michigan State College (P. O.
East Lansing), Mich.
Bonds Publicly Offered—A syn¬
dicate composed of the First of

Michigan Corp., of Detroit, Paine,
Webber, Jackson & Curtis, of Chi¬
cago, McDonald-Moore & Co.,,H.
V. Sattley & Co., Watling, Lerchen & Co., all of Detroit, Donavan, Gilbert
& Co., of Lansing,
E. H. Schneider & Co., of
Kalamazoo, is offering for invest¬
ment the following revenue bonds:
and

$935,000 dormitory bonds. Due on
Dec. 1, from 1948 to 1957 in¬

Due

Lynn, Mass.
porary
3 were

Sale—The

$500,000

loan notes offered

on

tem¬
Dec.

purchased by the Security

on

Dec. 1, 1956.

The

dormitory, series A bonds,
having a prior claim to retirement
by lot in advance of maturity, are

Trust Co., of Lynn, at 0.647%, dis¬

callable

count.

Due March 26, 1948. Pay¬
able in Boston or New York. The

1948 to 1952, and thereafter at par.
In the event of their retirement

validity of the notes has been ap¬
proved
by
Storey,
Thorndike,
Palmer & Dodge, of Boston. The
next highest bidder was the Mer¬

the serial bonds

chants National Bank,

Note Sale

—

offered

The $75,000 water
Nov. 26—v. 166,

on

2151—were

purchased by the
Higginson Corp., of Boston,
l%s, at a price of 101.437, a
basis of 1.536%.
Dated Dec. 1,

p.

at

Dec.

100.50,

1,

from

Dec.

1,

callable at 102

are

1949

to

1954,

and

thereafter at 101, prior to matur¬

ity.
Oak Park, Mich.

Tenders

Marion, Mass.
notes

from

Boston, at

0.655%.

Matthews Sanitation District

Bond

Sale}—Tne

240,000 dormitory series A bonds.

inclusive.
146.787.00

)

)

clusive.

MASSACHUSETTS

Note

Finance

April 9,

housing
Dec.

a

$400,000

Bond Call—W. L.

four

hospital

Due

on

$2,500 is required.

Local

Bond
ans
on

follows:

authorized at the general election
on Nov.
4.
A certified check for

Perry County (P. O. Hazard), Ky.

$50,000

notes.

•

land.

der

proving opinion of
Cutler, of Chicago.

of

tuberculosis

Watertown, Mass.

Maryland. The next highest bid¬

The purchaser
with the ap¬

Dedham),

Quincy, Mass.

Bond

2.352%, as follows: $300,000 as
2s, maturing $30,000 on Dec. 1,
numerical order of their
maturity, from 1948 to 1957; $180,000 as 21/4s,
at various premiums
depending on maturing $30,000 from 1948 to
the
date
of
redemption.
Both 1963, and $270,000 as 2V2S, matur¬
principal and interest (J-D) pay¬ ing $30,000 from 1964 to
1972, all
able at the Central Trust
Dated
Co., of inclusive.
Dec.
1, 1947.
Owensboro.
Bidders should spe¬ Principal and interest
payable at
cify a single rate of interest for the First National Bank, of South

furnished

purchase

MAINE
Fairfield School District, Me.
Bond Sale—An issue of
$240,000
school bonds was purchased re¬

to

1948; $16,000 in 1949;
1950; $17,000 in 1951; $16,000 in
1952; $18,000 in 1953; $17,000 in
1954; $19,000 from 1955 to 1957;
$20,000 in 1958 and 1959; $22,000
in 1960, and $18,000 in 1961. Bonds

be

the

months

a

recently.

Fort

Dec.

$1,000.

follows:

complete

son

for

1,
Due

the

Districts

(P. O. Minden), La.
Bond Offering — J. E.
Pitcher,
Superintendent Parish School

municipal

Dated

Denomination

Dec.

8

not

to

of Nov.

as

1948.

Webster

sealed

Dec.

$250,000

bonds.

on

Rhoads,

Restored

bulletin

a

amends

maintenance

bonds.

legality by Verrill, Dana, Walker,
Whitehouse, of Port¬

J.

on

which

Philbrick &

receive

a.m.

exceed

E.

—

will

10

purchase

State

opening

SnVersbur<*. Ind.
Bonds

The next highest bidder
sell &

will

$1,103,159.34

p.

est

elec¬

tiples of Vi of 1%.

Kan.

The

—

Co.. of

$15,000 swim¬

bonds offered

at

were

Bank, Northern Trust Co., both of
Chicago, McKinney-Ohmart Co..
of

.Bond, Sale—The

sew¬

disposal plant bonds offered
2—v. 166, p. 2256—were
purchased by the Mt.
Sterling
National Bank, as 2s, at a
price of
1C0.70. Dated Jan. 1, 1948v Due se¬
rially from 1948 to 1967 inclusive.
Dec.

on

Banks issued

Note Offering—Sealed bids will
he received by the County Treas¬
urer, until 11 a.m. on Dec. 9; for

an

the bonds which shall be in mul¬

chased

13/4S, at 101.17.

Nov. 15

on

recently.

Treasurer's office.
was

recent¬

were

Bonds

struction

bonds offered

bidder

Interest

ly sold.

Principal and interest
(J-J)., payable
at
the
County

and

Ky.

maturing in 1951 to 1961, will be
County (P. O. Ulysses), Kan. optional for redemption prior to
Sold—The $100,000 hos¬ maturity, in whole or from time to
in
pital bonds authorized at the elec¬ time
part,
in
the
inverse

incl.

The next high¬
Estabrook & Co.,

Sterling,

Grant

2039—were

p_u rchased by Raffensperger,
Hughes & Co. of Indianapolis, as
l%s, at a price of 102.115, a basis

3969

inclusive.

payable A-O.

tion held

Indianapolis, Ind.
Bond Sale—The $225,000
bridge
first issue of 1947 bonds offered
Nov. 21—v.

1, from

1958

Bonds

missioners, is required.

toll spans

age

connec¬

tion

to

State

Bond Sale —The $145,000

the

1949

forms to be furnished
by
the School City. A certified check
for 3% of the bonds bid
for,
011

the

until the indebtedness is dissolved.

bids

to be

be

that

revenue
bonds to fi¬
the construction or purchase

bridges which remain

City

Dorado, Kan.

Citizens State Bank, of El
Dorado,
and mature $5,000 on Oct.

serially

of

provided

issue

Bond

and bidders shall not bid less than
the face amount of the
boi\ds. Bids

to

the

as

(State of)

Bonds

Norfolk County (P. 0,

to

provided

known

Owensboro, Ky.

24 issue—v. 166,
p. 2150—we learn
that the bonds were sold to the

interest

law

$40,000

multiples of V4 of 1%.
Bidders
may bid only one rate of
interest,

of

1928

a

gymnasium bonds.

in

Rate

by

nance

election

an

Dec.

wtih the sale of the
$50 000
airport bonds (not $21,000 general
improvement) as IV4S, at a price
of 100.83, as reported in our Nov.

on

for

Mt.

Stuart School District, Iowa
Bonds Voted
At an election
held on Nov. 20 the voters

Dec.

$4,591,000 and pro¬
bridges at Maysville,

Massachusetts
Scranton

Legal List—The Commissioner of

(P. O. Minden), La.
tion

Other 1930

Ashland and Henderson.
The bond issues were

Lake, Iowa

on

provement

election

voters

Election—At

held

building

as

3968.

for

noon

exceed

the

system bonds.

will consider the

000

for

price of

a

Mass.

totaled

vided

may

an

issuance

works

(CST) on Dec 11
purchase of $885,000 not

the

10

Storm

to

provided

Co., for l%s, at

101.269.

Webster Parish, Minden Sch. Dist.

Board,

bridges at Burnside, Bbonesboro, Tyrone, Spottsville, Canton, Eggner's Ferry, Pa-

islation

Masonville, Iowa

the

issuance

Bond Election Soon—At

Murphy Toll Bridge Act. The leg¬

of par.

furnished

and

for

refunding bonds was pur¬
recently by the Malvern
Trust & Savings Bank, at a
price

accepted.

will

$7,700

chased

the

approving opinion
of
Ross, McCord, Ice & Miller, of
Indianapolis. A certified check for
$250, payable to School Township

of

the

lows:

issues

issue

1948

redeemed

ducah and Smithland.

2%

proved
ac¬

interest

with

to

Sale—An

bidder.

purchaser

The

Bond

will consider

election

an

17,

until 1.30 p.m. on Feb. 3 for the
purchase of $225,000 bonds as fol¬

and

kins &

July 1, 1947, by adding to
the investments considered
legal
for savings banks, municipal obli¬
gations of the City of Scranton,
Pa., as of Nov. 18, 1947.

$250,000 drainage bonds.

a

construction of

Malvern, Iowa

and

Feb.

$5,101,000

$500
$500

have

on

Dec. 1 from

on

inclusive.

list of

O.

Mr.- Tinder said the first
bridge
bond issue was in 1930.
It totaled

Des

Moines, Iowa
Bond Issuance Pending
The
City Council is said to have under

will

Election—At

held

voters

Highway Com¬
Stephen Watkins, M.

in 1938.

span

10, from 1948 to

incl.

$500

Jan. and

State

be

of

Tinder, Department Director
Records, said as of Jan. 1, 1948,

the

bonds

and

par,

only;

(P.

serially

1962

Principal'
payable at the
Day Trust Co., Boston.
The next
highest bidder was Robert Haw¬

25,
Parish

Alexandria)-, La.
Bond
to

than

more

until

$17,205,000 worth of bridge bonds,
leaving $75,000 outstanding on the
bridge at Rockport. Bonds total¬
ing $513,000 were issued for this

reported

as

issue—v.

learn

sold

1962

17

of

$7,500
the Perry

to

Perry,

connec¬

the

of

bonds

of

Nov.

our

were

sale

works

State

W.

Details—In

Union

revenue

Rapides

to

report

missioner J.

Dawson, Iowa
Sale

a

in

under

to issue

property.
Nearly

State Highway De¬

averaging

have

The bonds would be secured by a
first mortgage
on
the terminal

Debt

a * year,

to

proposal

a

City

—

to

55

and interest (J-D)

Passepger
bonds, to be
dated Jan. 1,
1948, to mature se¬
rially from Jan. 1, 1953 to 1989.
Terminal

$75,000 indebtedness remains.
In

Bond

tion

'rate

said

are

$15,000,000

reported

$1,000,000

101.05.

ture

$20,900

by

li/2s, at a price, of 101.075.
The
highest bidder was Wheelock
& Cummins, for II/2S, at a
price of

seeking to enjoin issuance

Township

purchased

officials

consideration

recently that
the"'$17,280,000 worth of revenue
bonds, ^suejd to finance 19 Ken¬
tucky bvidges have been paid off

next

the bonds.

Geneva Township (P. O.
Scipio), Ind.
Bond Offering: — Edward
Foist,

partment

Boone State Bank & Trust
Co., as

Award Deferred—Formal award
the bonds awaits outcome of

a

$20,000 airport

Nov. 28—v. 166,

on

2150—were

p.

Bank,

Albion.

Sale—The

Revenue

1947. Due
1948

Orleans, La.

Bond Issuance Pending

Kentucky (State of)

Retired—The

Boone, Iowa
Bond

LOUISIANA

KENTUCKY

•

Bridge

1, 1947. Due serially
1, from 1948 to 1963 incl.

Principal and interest (J-D)

•

IOWA

Dec.

Dec.

on

(2359)

New

highest bidder was Stern Bros. &
Co.,
Sodbn^Zahner
Co.,
Lucas,
Eisen- & Wackerle,
Beecroft, Cole
&
Co.,
Dunne-Israel
Co.,
and
Lathrop-Hawk-Herrick Co., joint¬
ly, for l%s, at par.

are

Co., of Cincinnati, as 2%s, at a
price of 100.36, a basis of
2.455%.

CHRONICLE

opinion of Stinsoh, Mag, Thomson,
McEvers & Fizzell, of Kansas City.
Interest payable J-D.
The next

1970

from

FINANCIAL

■

I

v

White

&

'

■

Reibel,

Invited

City

—

Clerk,

Charles

will

J.

receive

sealed tenders until 8 p.m. (EST)
Dec. 15 of 1946 certificates of

on

indebtedness, series A and B.

Lee

amount

as

fund for the retirement of the

on

hand

in

the

The

sinking
cer¬

tificates is approximately $26,000.

56

(2360)

THE

Offerings should, state certificate
numbers, their par value and the
amount
for which they will be
sold to the City. The City Council
reserves the right to reject any or
ail tenders; to waive any irregu¬
larities

in said

the tender

tenders; to accept

tenders most favor¬

or

the City;

able to

additional

and to purchase

certificates

of

days.
Ste.

-

Claire

Shores, Mich.
$57,000 special

Sale—The

Bond

assessment

1947

of

bonds

sewer

^

CHRONICLE

to 1951 incl.
der
at

The next highest bid¬
Whiting, Weeks & Stubbs,
price of 102.71.

a

Bond

18.

Offering

—

as

George

L.

$19,000

Voted—At

Bonds

held

City,

Nov.

on

25

Mo.

the

the

election

voters

ap¬

proved the issuance of $150,000
swimming pool for whites bonds;
$60,000 swimming pool for negroes
bonds, and $225,000 viaduct con¬
struction

bonds.

pec. 2—v. 166, p. 2257—
awarded to S. R. Livingstone

not

beach

of 1947 coupon
bonds. Dated Dec.

protection

1, 1947. Denomination $1,000. Due
Dec. 1, as follows: $4,000 in
and

and

1949,

general

12,000
7,000

improvement
bonds.

assessment series A

sewer

4,000 paving bonds.

series A

bonds.

and

Miller, Kenower & Co., of
Detroit, bid on a 3.47%
basis.

Bonds

maturing from
1960
to
1962 are callable, at par and ac¬
crued interest, in inverse numer¬
ical order, on or after Nov. 1, 1959.

Election—At

to

be

held

Dec.

on

consider

will

$325,000

Mich.

tion with the sale of the $100,000

21/2%

water system bonds to a
syndicate headed by J. M. Dain
& Co., of Minneapolis, as reported
in

the

9

the

voters

issuance

construction

Nov.

our

2040—we

sold

1949 to

17

issue—v.

learn

for

and mature

election

an

is

that

166,

the

ly, for 21/2s and 2V4S, at
100.008.

A bonds.

Dated

1,;

1947.
Interest
The combined is¬

bonds

1968 incl.

on

of 100.80,
Jap, 1, from

Interest! payable

J-D.

of

bonds.

NEBRASKA
Cozad School District, Neb.
Not Voted—At the elec¬

MINNESOTA

Bonds

Granite
Sale

Bond

tion

with

hospital

Falls, Minn.

Details—In

the

sale

bonds

of

to

connec¬

the

$50,000
Yellow

the

Medicine County Bank, of Granite

Falls,

2s, at par,

as

166,

2151

p.

learn that the bonds mature

—we

$2,500

Dec. 1, from 1948 to 1967

on

000 construction bonds.

Davenport School District, Neb.

reported in

as

Nov. 24 issue—v.

our

tion held on, Nov. 19 the voters did
not approve the issuance of
$85,-

Bonds
held

Voted
Nov.

on

the

proved

At the election

—

18

the

voters

issuance

construction

of

Fremont School District, Neb.
Bond Sale—An issue of $550,000

No.

12

(P. O. Richfield),

building bonds was purchased re¬
cently by the Robert E. Schweser
Bond
Offering — Sealed bids
Co., of Omaha, as IV2S.
will be
received
by the Clerk
Minn.

Board

Education

of

until Dec.

11

Ravenna

for the purchase of $450,000 build¬
Dec.

1, as follows: $35,000 from
1.955; $30,000 from 1956
to 1959, and $40,000 from 1960 to
1962, ail inclusive.
1950

to

Mankato Special School District,
Minn.
Not

Bonds

tion

held

Bonds
dent of

Nov.

the

24

elec¬

voters

did, not

approve

$670,000

construction bonds.

the

issuance

Voted—The

$50,000

held

(P. O.
burg), Miss.

Bonds

Clerk
held

Voted

states

that

Nov.

on

The

—

at

18

construction

sold

sue

the issuance of
county hospital bonds.
proved

Bonds

eration—The

Under

Port

election
ap¬

$350,000

election,,

Commissioners

County (P. O. Columbia),

purchased

Lincoln,

years.

by the First
Boettcher &

able at the

County Treasurer's of¬

fice.

Stanton

School

Rejected

District, Neb.
All

bids

re¬

ceived for the $225,000 not to ex¬
ceed
4%
interest
school
bonds

rejected.—v. 166,

p.

2041.

NEVADA
Carlin

Saunders

&

Co.,

(P. O.
Elko), Elko County, Nev.

of

Memphis,
Bonds Voted—At a recent elec¬
Cady & Co., of Columbus, J. G. tion ' the voters approved
by a
Hickman & Co., of Vicksburg, and count of 72 to
11, a proposal call¬
Cotten & Co.. of Jackson. Dated
ing for the issuance of $100,000
Feb. 15, 1948. Due serially on Feb. construction
and equipment bonds.
-15 from 1948 to 1960 "incl. .The,
purchaser will be furnished with

NEW HAMPSHIRE

<

the

approving opinion of Charles
& Trauernicht, of St. Louis.

Hillsborough

County (P.
Manchester), N. H.

....

Quitman, Miss.
Bond Legality Approved — A
$70,000 issue of 3^4% semi-annual
Water v/orks and sewer system
bonds has been approved

to

legality
Trauernicht; of
as

Dated
are

1,

Oct.

by
St.

1,

Charles
&
Louis, Mo.

1.947. These bonds
part of !a total authorized issue

of $100,000.




O.

offered

on

bonds
Dec. 2—v. 168, p. 2258

28

—

v.

166,

p.

Julius

A.

ly, taking $60.8,000 as 2.60s, at a
price of 100.331r a basis of 2.574.%
as

follows:

$518,000 sewer
serially on
to

1983

1952 incl.

improvement bonds. Due
serially 011 Dec. 15, from 1948
1953 incl.

Dated

Dec.

15,

1947.

Principal

(J-D) payable at the

First Mechanics National Bank of
The next highest

National

the

State

bidder
Bank, of

Newark, Paine, Webber, Jackson
& Curtis, Rogers, Gordon & Co.,
Ryan & Moss, and F. R. Cole &
Co., jointly, for $606,000 as 2.70s,
at

pur¬

by the First of Michigan
Corp., of New York, at a price of
102.93, a basis of 1.215%. Dated
Oct; ,1, 1947.
est

(A-O)

Principal and inter¬

payable

chesterrt TriiSt
Due

serially

on

at

the

Man¬

multiples of

Vs

or

Delafield

West

40,000

and interest

School

District,

Call—T.

N.

Francis

J.

Butler,

District

Clerk,
announces
the
refunding
bonds
are
called for payment on Jan. 1, 1948,
at par and accrued interest, at the
Lodi Trust Co., Lodi. Dated July
1, 1940.
Each bond surrendered
must, unless it has been converted
into a bond registered as to both
principal and interest, be accom¬
$257,000

on

Jan.

on

1,

YORK

NEW

Baldwinsville, N. Y.
Bond Sale—The $33,000
bonds offered
2258—were

on

sewer

Dec. 2—v. 166, p.

purchased by Geo. B.
Co., Inc., of New York,

Gibbons &

1.90s, at a price of 100.60, a
basis of 1.82%. Dated Dec. 1, 1947.

as

Due

serially

Dec. 1, from 1948

on

to 1963 incl.

Interest

payable J-D.

next" highest bidder was the
Marine Trust Co., Buffalo, for 2s,
The

at

price of 100.425.

a

Danby Fire District (P.
Wilseyville), N. Y.

O.

•

Bond

Offering—Arthur L. Van

DeBogart, District Secretary, will
receive sealed bids at his home,
in Wilseyville, until noon (EST)
on
Dec. 10 for the purchase of
$35,000 not to exceed 5% interest
coupon bearer bonds (registerable
to both principal and interest).

as

The

offering consists of:
$17,500 building bonds. Due June
1, as follows: $1,000 from 1948
to 1957 incl., and $1,500 from
1958 to

1962

incl.

17,500 fire apparatus bonds.
June

1,

Due

follows:

$1,500
from 1948 to 1952 incl., and
$2,000 from 1953 to 1957 incl.
The

as

bonds

dated

are

Bidder to

Sale—The

Bond

offered

date called.

:<?'

Kinderhook

District

School

(P. O. Niverville), N.

$122,000 bonds
168, p. 2152

Dec. 2—v.

on

name a

quired. Legality to be approved
by Reed, Hoyt & Washburn of
York City.

Orange, N. J.

No.

3

Y.

Bond Offering—Paul C. Drumm,

Chairman, Board of Trustees, will

—were

receive sealed bids until 3:30 p.m.

serially

(EST) on Dec. 9 for the purchase
$30,000 not to exceed 5% in¬
terest
building
coupon
bonds.
Dated Dec. 1, 1947. Denomination
$1,000. Due $2,000 on Dec. 1, from
1948 to 1962 incl.
Principal and
interest (J-D) payable at the of¬

purchased by White, Weld
& Co., of New York, as 2.10s, at
a
price
of 100.129, a basis of
2.085%. Dated Dec. 1, 1947. Due
1967

on

incl.

Dec. 1, from
Principal and

1948 to
interest

the
First
National
Orange. The next

payable

at

Bank

West

of

highest
Union

2.20s,

bidder was the Fidelity
Co., of Newark, for

Trust

at

of

fice of the Chairman

Union

tional

Bank,

at the Na¬

or

Kinderhook.
multiples

Rate of interest to be in

100.574.

of Vd of 1% and must be the same

NEW MEXICO

for all of the bonds.

100.685.

Bond

serially

Dec.
1,
single rate
and must be the same for all of of interest, expressed in a multiple
the bonds. Principal and interest of V4
or
1/10 of 1%.
Principal
(J-J) payable at the Salem Na¬ and interest (J-D) payable at the
tional Bank & Trust Co., Salem. First National Bank of Ithaca. A
The purchaser will be furnished certified check for $700, payable
with
the 'opinion
of Hawkins, to order of the district, is re¬
in

incl.

50,000 emergency housing bonds.
Due serially on Dec. 15, from
1948 to

Due

New

by

Inc., J. S. Rippel & Co.,
both
of
Newark,
and
Minsch,
Monell & Co., .of New York, joint¬
Rippel,

ceases

Nov.

office.

& Wood, of New York
City, approving the validity of the
of 1947 bonds. Due bonds. A certified check for $1,100
Dec. 15, from 1948 payable to the City, is required.

purchased

—were

Co., ".Manchester;

on

2152—were

J.

Dated Jan. 1,

2.10s.

as

from 1949 to 1965 incl.

1947.

Nov. 1, from 1948

provement bonds offered
chased

Treasurer,

1948. Principal and interest (J-J)
payable at the County Treasurer's

1/20 of 1%,

panied by all Coupons for interest
accruing after Jan. 1, 1948. Cou¬
pons for interest due on that date
may be attached to the bonds for
payment, or, if detached from the
bonds by the holders thereof, may
be presented for payment in the
usual course. Each bond registered
as
to principal must be accom¬
panied by proper instruments of
assignment and transfer.-. Interest

Bond Sale—The $70,000 2% im¬

N.

1947.

Sale—The $610,000

Bond

Lodi

School District

postponed.

was

Salem,

Sale—The

2257—were purchased by a
syndicate
composed
of
M.
A.

which

Bond Offering — W. B. Dunn,
Principal
and interest (M-N) payable at the City Recorder, announces that the
Fair
Lawn-Radburn
Trust
Co., Common Council will receive seal¬
Fair lawn.
Due serially on Nov. ed bids until 8 p.m. on Dec. 16 for
1, from 1948 to 1962 incl. The next the purchase of $55,000 not to ex¬
highest bidder was B. J. Van ceed 6% interest water system
Ingen & Co., for 3s, at a price of improvement coupon or registered
100.159.
bonds.
Dated Jan.
1, 1948.
De¬
nomination $1,000.
Due $5,000 on
Hamilton Township (P.O.
Jan. 1, from 1949 to 1959 incl. Bid¬
Trenton), N. J.
ders to name the rate of interest

was

—

of

Nov.

Trenton.

Bids

p.

revenue

Dated

to

in 10 years, optional in 5
Principal and interest pay¬

$250,000 hos¬
pital bonds offered on Dec. 1—v.

166,

is¬

our

20.41.)

p.

Denomination

$119,000 bonds
Dec. 2—y. 166, p. 2152

bonds.

price of

County (P. O.
Albuquerque), N. Mex.
Bond Sale—The $1,000,000 gen¬
eral obligation hospital bonds of¬
fered on Dec. 2—v. 166, p. 1937—
were
purchased
by
the
State

im-

3,000 paving assessment bonds.

$79,000 water extension bonds.
35,000 garbage disposal bonds.

were

Miss.
Bond

noted in

Co., of Denver, and the Wachob
Bender Corp., of Omaha,
jointly,
as
l%s, at a price of 101.447, a
basis of 1.45%, as follows:

bonds in order to expand and

develop harbor facilities.
Maricn

as

li—v! 166,;

Co.,

Due
Consid¬

will seek authority from the 1948
Legislature to issue $5,000,000 rev¬
enue

bonds by a
(These bonds

water

$1,000. Due on Nov. 1, as follows:
$2,000 from 1948 to 1966, and $3,offered on
000 in 1967. Principal and interest
—were purchased by Boland, Saf(M-N) payable at the First Na¬
fin & Co., of New York, as 2.80s,
tional Bank of Park Ridge. Each
at a price of 100.127, a basis of
bidder must specify the rate of
2.726% as follows:
interest in a multiple of Vs or 1/20
$26,000 paving bonds.
of 1%. The purchaser will be fur¬
23,000 water of 1947 bonds.
nished with the opinion of Haw¬
20,000 street improvement bonds. kins, Delafield &
Wood, of New
16,000 general
improvement York City, that the bonds are
bonds.
valid and legally binding obliga¬
15,000 improvement bonds.
tions of the Borough. A certified
8,000 paving assessment series A check for
$820 payable to the Bor¬
bonds.
ough, is required. These are the
5,000 improvement second series bonds offered on Oct. 23 the sale

of

subject to the outcome

of Nov.

Trust

Gulfport, Miss.
Revenue

the

,

Chancery
voters

25,

issuance

Scottsbluff, Neb.
"
Bonds Sold—The $114,000 bonds
offered on Nov. 25—v. 166, p/1833

Hatties-

the

the

the

count of 406 to 281.

of this

Superinten¬

Nov.

on

approved

—were

County

O.

of

MISSISSIPPI
Forrest

(P.

Schools states that at the

election
voters

were

Voted—At the

on

District

Ravenna), Neb.

ing bonds. Dated Dec. 1, 1947. Due
on

School

interest

Sale—The

Bond

3,000 paving series A bonds.

incl.

Hennepin County School District

4%

Dated Nov. 1, 1947.

Fair Lawn, N. J.

«

ap¬

$23,500

bonds.

sealed bids until 9 p.m. on Dec. 18
for the purchase of $41,000 not to
exceed

a

Bernalillo

Nov.

prov't coupon or registered bonds.

p.

price

a

$5,000

Borough.
A certified check for
$980 payable to the Borough, is

Forgan & Co., Mil¬
Barret, Fitch & Co.,
Dahlberg & Co., joint¬

Glore,

waukee Co.,

2,000 general improvement series

(J-D)

required.

incl.

1960

1, 1948. Interest pay¬
able J-J. The next highest bidder
was the First National Bank, Chi¬

3,000 street assessment bonds.

multiples of .%• or 1/20 of
1%, and must be the same for all
of the bonds.
Principal and in¬

terest

were

Warren. School District,
Bond

Pending—It

1949 to

Dated Jan.

and Henry

payable M-N.
sues
are
due serially on Nov. 1,
payable at the Na¬ from 1948 to 1957 incl. The next
reported that an election will be
held in the near future on a pro¬ tional Bank of Bradley Beach. The highest bidder was J. S. Rippel &
posal to issue $55,000 reservoir purchaser will be furnished with Co., for 2s, at a price of 100.214.
Nov.
1
from
1958 to 1962 incL
the approving opinion of Hawkins,.
construction, bonds.
Park Ridge, N. J.
The bonds are dated Dec. 1, 1947.
Delafield & Wood, of New York
Bond Offering—William D. HalOther bids: H. V. Sattley & Co.,,
Glendive, Mont.
City, that the bonds are valid and
Bond Sale Details—In connec¬
Detroit, bid a 3.387% cost basis,
legally binding obligations of the sey, Borough Clerk, will receive
Election

1960 incl.

1949 to

30,000 public park improvement
bonds. Due serially on Jan. 1,

cago,

4,000 street assessment

to be in

Dillon, Mont.

Bond

70,000 street improvement bonds.
Due serially on Jan.. 1, from

from

assessment

sewer

bonds.

Rate of interest

1950 to 1957 incl.

Co., of Detroit, at a price of
100.097,
a
net interest cost of
about 3.015%, as follows: $37,000
314s, due on Nov. 1 from 1948 to
1957 incl., and $20,000 3s due on

$5,000 from

1949 to 1964 incl.

bonds.

interest

on

1948

MONTANA

&

on

of $48,-

6%

exceed

to

registered

or

p.m.

16 for the purchase

Dec.
000

until 3

sealed bids

ceive

Due

basis of 1.94%,

follows:

Crosson, Borough Clerk, will re¬
Jefferson

166, p. 2152
purchased by Boland, Safa

fire
protection
bonds.
serially on Jan. 1, from

100,000

bonds

1—v.

price of 100.237,

a

Nov.

Dec.

on

fin & Co., of New York, as 2s, at

Bradley Beach, N. J.

on

Metuchen, N. J.
$51,000

offered
—were

$208,000 construction bonds were
approved by the voters at an
election held

Monday, December 8,1947

Sale—The

Bond

was

NEW JERSEY

offered
were

FINANCIAL

&

the Board of Education states that

money

available for this purpose on Dec.
15. Offerings should be firm for

two

MISSOURI

Carthage School District (P. O.
Carthage), Mo.
Bonds Voted—The Secretary of

sufficient

exhaust the amount

to

COMMERCIAL

Albuquerque, N. Mex.
Bond Sale—The $962,000 bonds
offered on Dec. 2—v. 166, p. 1937
—were purchased by a syndicate

of the Northern Trust
Co., of Chicago, Boettcher & Co.,
of Denver,, Braun,
Bosworth &
composed

Co., Inc„ Paine, Webber, Jackson
& Curtis, of Chicago, City Na¬
tional Bank & Trust Co., Stern

both of Kansas City,
Co., of Wichita,
and Detmer & Co., of Chicago, as
Bros. & Co.,

Small-Milburn

2V2S, at

price of 101.344,. a net

a

interest cost of

$400,000
Due
1949

1351%

as

follows:

sanitary
sewer
bonds.
serially on Jan. 1, from
to 1966 incl.

237,000 storm sewer bonds. Due
serially on J an. 1, from: 1949
,

to. 1964 incl.'

125.000

sewage*

bonds.
from

j,

%

accepted for separate maturi¬
ties or at less than par value of
the bonds. The purchaser will'be
furnished

with
the : iapproving
opinion of Harold V. A. Drumm,
of Chatham, as to the validity of
bonds.

the

offered

These

for

sale

are

on

the

Dec.

bdnds

<1,? .arid

postponed. A certified;check fotf
$600
payable to the i Board
of
Trustees, is required.

npr

1

i\

Lake

.

Champlain Bridge Com¬
mission (P. O. Port\fienry)y
i
New Y:ork-:-)jV.*'''*'&.i»if.
.

Bond Call—It is stated that Wil*

liarri

Berman,

Treasurer ofirthp
is calling for pay-t
1, New York-Ver¬
mont
Interstate
Bridge
2.20%
Consolidated Refunding bpnds to
,

Commission,
ment

on

Jan.

the amount pf $130,000, pursuant
>plant, to* the Indenture dated as of July

on Janpl* 3. 1945, between the Lake Cham-*'
1964 incl.
•
plain Bridge Commission and the

Due.serially

1949 to

.

disposal-

No bids will

be

'

v'.'.

J

r;,vV

Volume

166

Number 4653

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(236If

•

..

»

i

•

1

57

!—■

-Guaranty
f City.

Trust

Co.,

New

V

Due Jan. 1, 1969. The bonds will
•be redeemed through operation of

the

sinking fund tor such bonds
current redemption price,
■namely, 103%
of the principal
amount thereof, together with interest accrued on the principal
amount to redemption date, upon
surrender thereof with the July
1, 1948, and subsequent coupons
attached, at the Guaranty Trust
Co., New York City. Coupons due
at

'

the

Jan.
and

1, 1948, should be detached
presented for payment in the

usual

Interest

manner.

date

ceases

on

Sale

connec¬

tion with the sale of $11,000 sew¬
er
bonds to the First National

Bank, of Marcellus,
ported in

166,

1938—we

p.

bonds

Due

from

1948 to

next

highest bidder

tional

—

v.

the

Interest
Oct. 1,

par.

serially

re¬

that

learn

1952

as

10 issue

sold at

were

| A-O.

Nov.

our

Is,

as

on

inclusive.

The

the Na¬

was

Commercial Bank

&

Trust

a

price

.&!' Co., Albany, for 1.10s, at

Minerva, Olmstedville Water Dist.
(P. O. Minerva), N. Y.
Bond Sale—The $40,000 water
system bonds offered on Dec. 4—
V.
166, p. 2259—were purchased

by the Marine Trust Co., of Buf¬
falo, as 2.40s, at a price of 100.355, a basis of 2.471%. Dated Nov.
1, 1947. Due serially on Nov. 1,
from

1948

to

incl.

1977

Principal
(M-N) payable at the

and interest

North Creek National Bank, North
Creek. The next highest bidder

Newburger, Loeb & Co., for
2.60s, at 100.80.
was

New York City Housing Authority,
New York
Nctes Offered for Investment—

A

new

issue of $9,039,000 tempo¬

loan notes is being offered by
Salomon Bros. & Hutzler, of New
York, for general
subscription,
priced to yield from 0.85% to
rary

%

0.90%.

§

These

notes

mature

on

June 17, 1948 and on Dec. 17, 1948.
The full faith and credit of the

Authority

are

pledged

ment

the

notes

and

for

secured by an agreement

the

State

"funds

f;*

at

of

New

whereby

York

prior to

or

pay¬

further

are

provides

maturity to

pay principal and interest.

Bond

Treasurer,

I sealed bids until

registered bonds,

as

(EST)

follows:

to 1963 incl.

17,000 water system bonds.
on
Dec. 1, $1,000 from

Due
1948

te".

all of the bonds and state

£.

rate of interest.

to

be

a

purchaser will be furnished with
the i'approving opinion of Vande-

\vater, iSykes & Heckler, of New
York: City* The bonds will be de¬
about Jan. 2, 1948
City, or at such other
place as may be agreed upon with
the purchaser.
A certified check
for $1,140 payable to the Village,
is required.
•
»?• •; '
or

at New York

Watertown, N. Y.

Bond1 S&le—The $190,000 public

J

improvement
Dec. 3

—

bonds

V.' 166,

p.

■

offered

2259

—

on

were

| purchased
I, Co.,

as

by Halsey, Stuart &
1.20s, at 100.019, a basis

of 1.196%. Dated Dec. 1, 1947. Due

serially
1957

on

incl.

10,

consider

school

election

an

1948,

the

next

Dickson

ing
to

1,

$6,000

$35,000

from

Dated

at

1950

a.m.

(EST)

2153—were

purchased by R. S.
& Co., of Charlotte, at a
price of 100.17, a net interest cost
of 2.613%, as follows:
Dickson

$57,000 road and bridge bonds.
$19,000 as 4s, maturing on
June 1, 1965, and $38,000 as
2s, maturing $19,000 in 1965

Dec.

on

series

A

bonds.

coupon

to

1963; $12,000 from 1964 to
$15,000 from 1967 to

and

ochool bonds. $3,000 as 4s,
maturing on June 1, 1964, and
$6,000 as 2s, maturing $3,000

Dec. 1, from 1949 to
Principal and interest

1965

Dated
and

and

Dec.

1966.

1,

1947.

Principal

interest

(J-D)
payable in
City. The next highest
the Provident Savings
Bank & Trust Co., Cincinnati, and
Breed
&
Harrison, jointly, for
$22,000 as 3s, and $44,000 as 23/4S,

Farmville, N. C.
Bond Sale—The $186,000 elec¬
tric
light system bonds offered
on Nov. 25—v.
166, p. 21&3—were
purchased by the Equitable Se¬
curities Corp., and the First Se¬
curities Corp., of Durham, jointly,
at a price of 100.065, a net in¬
cost

of

2.46%, as follows:
$46,000 a? 2V4S, maturing on June
1, $4,000 from 1950 to 1958; $5,000
in 1959 and 1960, and
$140,000 as
2V2s, maturing $5,000 in 1961 and
1962, and $10,000 from 1963 to
1975, all incl. Dated Dec. 1, 1947.
Principal and,interest (J-D) pay¬
able

in New York

highest bidder

City. The next
Scott, Horner

was

l%s, at 100.0601.




price of

par.

bonds

may
be
exchanged
for
registered as to principal
and interest. The
approving opin¬
ion of the
City Solicitor of Cin¬
cinnati will be furnished without

bonds

Any other

secured

solvent

bank

of

all

bonds

bid

for,

Auditor

in

payable

1%%

1947

at

choice.

place

a

Bidders
the

name

multiple

about

or

of

requested to
interest in a

of

y4

30,
purchaser's

of

are

rate

of

for

and

the

name

1%.

another

than

bidder

Each

$230,000

cofinty

bid

no

four

must

rates

or

election

bids until

noon

proved

the

purchase
bonds.

building, unlimited tax

may

rates,'

and

specify in

his

bid the amount of bonds for each
rate. The purchaser will be fur¬
nished with the approving
ion

of

New

York

form

opin¬
Pershing, of
Bids to be on

Mitchell

&

City.

furnished

by

the

above

Secretary.

A certified check for
$5,000 payable to the State Treas¬
urer, is required.
Moore

County

(P.

O.

multiple of V4 of 1%.

These

are

bonds

Education, is

Offering

12

1,

1947.

Interest

Offering—W.

payable

until

11

Burbank

the purchase

exceed

6%

on.

Dec.

of $30,500 not

interest

school

March

1, as follows: $1,500 in
1950; $2,000 from 1951 to 1954,
and $3,000 from 1955 to 1961, all
inclusive. Principal and interest
(M-N) payable at New York City.
Registerable as to principal only.
Each

bidder may

name

rate

one

for part of the bonds and another
rate or rates for the

balance, but

no

bid

may

specify

more

than

three rates of interest and each
bidder must specify the amount of
bonds for each rate. Rate of in¬
terest to be in

multiples of y4 of

1%. No bids for less than par and
accrued interest will be accepted.
The

purchaser will

with

the

be

approving

furnished

opinion

of

Reed, Hoyt & Washburn, of New
York City. A certified check for
$610 payable to the State Treas¬
urer,

'•

Bids

ceived

for

the

fice.
of

—

All

$84,000

1958

incl.

No.

210

1, 1948.

bonds.

One bond

A

the

certified

bonds

check

for

1%

bid

for, payable to
City Treasurer, is re¬
quired.
City will furnish, at its
own
expense, the printed bonds
and
approving legal opinion of
Squire, Sanders & Dempsey of

Ohio
general

the voters ap¬
issuance
of
$92,000

the

to

series

order of the

4

Cleveland.

Findlay City School District, Ohio
Campbell, Ohio
Bonds

election

Voted

proved
rects

the

166,

v.

bonds

issuance

bonds.

the

At

This

notice in

not

general

voters
of

of the

ap¬

Nov.

be

until

noon

on

on

proved

Dec.

the

bids

re¬

sewer improvement
bonds. Due $20,000 from Sept.

the

refunding 1 bonds

were

Nov.

the

general

4 the voters

issuance

of

ap¬

$94,000

building bonds.

1971.

and

on

proved

improvement bonds. Due
Sept. 1, as follows: $80,000

1970,

Voted—At

election

,

New

ap¬

$10,900

Greensburg), Ohio
Bonds

nati

in

general

of

Green Local School District (P. O-

1, 1949 to 1973, inclusive.
1,839,000 University of Cincin¬

pany

issuance

,

inclusive.

to

the

Nov., 4 the voters

did, not approve the. issuance of
$115,000 auditorium- gymnasium
bonds!

500,0000;

1949

1

been

Bonds Not Voted—At the gen¬
eral election on Nov. 4 the voters

$2,500,000 general street improve¬
ment
bonds.
Due
$125,000
frorft Sept. 1, 1949 to
1968,

in

2259—has

Goshen Rural School District, Ohio

aggregating $4,839,-

000:

in

Dec.

municipal water system bonds.

22, by Henry Urner, City Auditor,
(purchase of the following

on

of

notice

our

Voted—At

election

tor the

coupon bonds

15,

in

Glenmont, Ohio
Bonds

Offering—Sealed bids will

received

sals

postponed.

the

approved.

Cincinnati, Ohio
Bond

Dec.

appeared
issue—v. 166, p.

17—

that

for

which

cor¬

our

Sale Postponed—The

$400,000 construction bonds

scheduled

$245,000

report

2042—stating

p.

were

Bond

the

Nov. 4 the

on

various

—

$79,000
Greene

$1,000. Dated Feb. 1,
1948. Principal and interest
(M-S)
payable at the Irving Trust Com¬

Weaverville, N. C.
Rejected

the

1949

$840.68, others $1,000 each.
serially on Oct. 1 from

County (P. O.
Xenia), Ohio

Denom.

is required.

:

At

1

Principal and interest
(A-O)
payable at the City Treasurer's of¬

next

District,

—

Nov.

on

Oct.

1949 to 1953 incl.

Easter-

building
coupon
bonds.
Dated
Sept. 1, 1947. Denom. $1,000 .Due
on

School

Bonds Voted

on

incl.
209

construction bonds.

E.

(EST)

a.m.

The

1958
No.

Due

incl.

A-O.

bonds.

$1,097.76,
others
$1,000
Due serially on Oct. I

Dated Jan.
for

on

1968

serially
to

series

from

serially
to

Due
1949

13,840.68

Nov.

highest bidder was Otis & Co., for
2V4s, at a price of 101.051.

hng, Secretary Local Government
Commission, will receive sealed
bids

1949

207

bonds.
Dated Dec. 16, 1947. One bond

re¬

$100,000 sani¬

Due

from

No.

1, 1947. One bond!
$1,468.69,
others
$1,000

21,097.76

166, p. 2042—were pur¬
chased
by Braun, Bosworth &
Co., Inc., as 214s, at a price of
101.186, a basis of 2.126%. Dated
1,

series

each.

28—v.

Oct.

receive

Dated Dec.

each.

on

Brown

will

2%

$22,468.69

Barnesville, Ohio
bonds offered

Agnes

noon

for the

for

Sale—The

—

Clerk,

lows:

quired.

sewer

construction

(EST) on
purchase of $57,special
assessment
street improvement
bonds, as fol¬

Dec.

ders &

certified check for $3,000
payable
to the Board of

general

Columbus, Ohio
Bond

pur¬

Dec.

each

the voters ap¬
of $335,000

and

407.13

Bidders may bid
different rate of interest in

Carthage), proved

North Carolina
Bond

4

1968, both incl.

Bond

of

Cin¬

issuance

site

on

$215,-

At the

—

Nov.

on

bids until

tary

of

Columbiana Exempted Village
School District, Ohio

Dated

bid

order

jail construction

sealed

part of the

rate

balance, but

more

each

Dec.

the

City

—

from

on

of

1%

County (P. O.
Lisbon), Ohio

City

a

one

$100,000

accompany

Cain,

the

of

to

the

must

A

some

the

l'or^ and

excess

of

on

than

the first $100,-

bonds bid

approving opinion of Squire, San¬
Dempsey, of Cleveland. A

delivered

other

must

cost.

drawn

Oct.
1, 1948. De¬
$1,000. Interest A-O.
Due $5,000 April and
$6,000 Oct.
1, from 1949 to 1963, and $5,000
April and Oct. 1, from 1964 to

a

opinion

bidder's

bidding for 3% of
000

for

Principal and

at

check

chaser will be furnished with the

inclusive.

(M-N) payable at New
City.
Registerable
as
to
principal only. The bonds will be

to

price of 100.05.

different interest rates
may
be bid for different issues.
Coupon

interest

all

9 for

a

issue,

but

York

bidder

at

three issues or for "All o»*
None." Split rate bids will not bs
considered on any single

authorized at the gen¬
eral election on Nov. 4. The

1973,

New York

was

on application. Bids
be made separately for each

Bonds Voted

22 for the purchase of

election

9,000

bidding blank
may

nomination

for

mul¬

a

Bonds Not Voted
At the gen¬
eral election on Nov. 4 the
voters
did not approve the issuance of

Offering—H. H. Warner,
Board of Education, will

bonds.

different

a

of

of the

Ohio

Dec.

specify

V4

at

but

1%.
The
City
Auditor will furnish the
required

OHIO

Clerk,

issued

interest

bonds.

000

11

may name one rate for

p.

Easter-

2%

Columbiana

required.

2s, and
price of

E.

unlimited

be

bid.

will be accepted.
A certified
check for 2% of the
bid, payable
to Mrs. D. P.
Moga, Treasurer, is

Bond

to

interest, stated in

of

cinnati,

Due

Jan. 1, as follows:
$2,000 from
1949 to 1959, and
$1,000 from 196C
to
1967 inclusive.
No bids foi
less than par and accrued
inter¬
on

as

a

Offering—W.

until

1966,

Duplin County (P.O.
Kenansville), N. C.
Bond Sale—The $66,000 bonds

in

$30,000 not to exceed 3% in¬
terest school bonds. Dated
Nov. 1
1947.
Denomination
$1000.

than

the

of

receive sealed

1959

100.24.

166,

The

Breed

Dated Nov. 1, 1947. Denom.
$1,000.
Due on May 1, as follows:
$6,000
from 1950 to
1958; $11,000 from

2s,

25—v.

School Clerk, will receive
or oral bids at the
County
Auditor's office, in
Grafton, until
2 p.m. on Dec. 12 for
the purchase

County (P. O. Lincolnton),

building,

1, 1947. Principal and
(J-D) payable in New
York City. The next highest bid¬
der was the First Securities Corp.,
Durham, and Campbell, Phelps
&
Co., jointly, for $225,000 as
2%s, and $90,000 as 3s, at a price

Nov.

V. Cof¬

from

are

may

of

tiple

be

sealed

bids

Dec.

on

City.

was

9 for the purchase of
$250,000 not
to
exceed
6%
interest
school

interest

offered

(J-D)

bidders

certified

Offering—George

ling, Secretary Local Government
Commission, will receive sealed

maturing
$7,000 from 1955 to 1959; $85,000
as 2V2S, maturing
$10,000 in 1960;
$12,000 from 1961 to 1965; $15,000
in 1966, and $165,000 as 3s, matur¬
ing $15,000 from 1967 to 1977 incl.
as

York

bidder

2V4S,

as

Bond

interest cost of 2.793%,

June

on

1954;

20,

fey,

North Carolina

follows: $30,000 as IV2S, matur¬

as

1959, all

interest

Harrison, for $70,000

Lincoln

&

net

to

not-more
rate

Nov., 1944, election

payable

Bonds

charge.

No.

Dak.

the

are

taxes.

Arlington Local School District,

Co.,
of
Charlotte,
Banking & Trust Co., of
Wilson, Vance Securities Corp., of
Greensboro, and J. Lee Peeler &
Co., of Durham, at a price of 100.a

Bond

voters at
and

100.03.

Branch

01,

highest

$48,000

p. 2259—were purchased
syndicate composed of R. 3.

a

1952

District

N.

2

(J-J) payable at the .Watertown & Mason, and Peoples National
National Bank, Watertown. The
Bank, Charlottesville, jointly, for
next highest bidder! Was the":Na*
$20,000 as 6s; $21,000 as 2s; $25,tional Commercial Bank,
Albany, 000 2V4s,: and $120,000 2V2s,-at a
for

&

166,

—v.

by

Dec.

from

Principal and
payable in New

County (P. O.
Whiteville), N. C.
Sale—The $315,000 school
on

13/4s, maturing $2,1949 to
1951, and

as

School

est

issuance

Columbus

Bond

to

inclusive.

the

improvement

building bonds offered

1949

$1,000 from

bonds.

terest

.u»Vl

will

$400,000

single

bid for. less than par and accrued
interest will 6e considered.
The

on

$14,000
000

Jan.

on

from

1953, and
$1,000 from 1954 to 1959, incl.
16,000 sewer bonds. $2,000 as 6s,
maturing on Dec. 1, 1948, and

County (P. O. Edenton),

held

voters
of

Rates of interest

multiples of V4 or 1/10 of
1%. Principal and interest pay¬
able
at the Saugerties National
Bank & Trust Co., Saugerties. No

livered

000

N. C.

to be in
■>.

~

and 1S68.

1, 1947. Denomina¬
Each bid must be for

tion $1,000.

18,000 water bonds. $2,000 as 6s,
maturing on Dec. 1, 1948, and
$16,000 as 13/4s, maturing $2,-

price of par.

Election—At

NORTH DAKOTA
Minto

inclusive.

bidder
was
the
Wilmington
Savings & Trust Co., for 4s, at a

Bond

called.

$1,000 from 1956 to 1959, both

est

to 1964 incl.
Dec.

Nov. 25

on

<

$2,000 as
6s, maturing on Dec. 1, 1948,
and $18,000 as 13/4S,
maturing
$2,000 from 1949 to 1955, and

(J-jj)
payaoie
in
New
City. Approved as to legal¬
ity by Reed, Hoyt & Washburn,
of New York City. The next high¬

on

$40,000 sewer bonds. Due on Dec.
1, as follows: $2,000 from 1948
to 1955 and $3,000 "from 1956

Dated

Nov.

interest

receive

Dec. 16 for the purchase of $57,000
not to exceed 5% interest coupon
or

on

bonds

will

2 p.m.

bonds offered

sewer

York

Offering—William Doyle,

Village

bonds offered for sale

Tne

—

$5,000 in 1959.
20,000 school bonds.

166, p. 2153 —were pur¬
chased by Alien C. Ewing & Co.,
of Wilmington, as 3%s at a price
of 100.025%, a basis of 3.747%.
Dated Dec. 1, 1947. Principal and

of

Saugerties, N. Y.
'

Saie

p

—v.

Chowan

f . of 100.001.

Bond

$118,000 re¬ were rejected. The
offering con-!
funding bonds offered on Nov. 25 sisted of:
—v. 166, p. 2153—were
purchased
$49,000 water and sewer bonds.
by Scott, Horner & Mason, of
35,000 street improvement bonds.
Co.,, of Rockvilie Centre, as 1.3os, Lynchburg, and the Peoples Na-1
Bond Call—W. C.
at /a price of 100.025, a basis of, tional
Bank, of Charloitesville,1
Woods, Town
1.291%. Dated Dec. 1, 1947. Prin¬ jointly, at a price of par, a net Clerk, announces that the follow¬
cipal and interest (J-D) payable interest cost of 1.806%, as fol¬ ing $84,000 refunding bonds are
called for payment on Jan.
at the Nassau County Trust Co., lows:
1:
$49,000 water and sewer bonds.
Mineola. Due serially on Dec. 1,
$64,1)00 street improvement bonds.
«5u,uuo street improvement oonds.
from 1948 to 1952 incl. The next
$4,000 as 6s, maturing on Dec.
Dated July 1, 1937. Due
highest bidder was Tilney & Co.,
July 1,
1, 1948, and $60,000 as l3/4s,
1964. Holders shall
for 1.40s, at 100.076.
present their
maturing $4,000 from 1949 to bonds
with July 1, 1948 and sub¬
1951; $5,000 in 1952 and 1953;
NORTH CAROLINA
sequent interest coupons
attached,
$6,000 in 1954 and 1965; $7,- at
the Irving Trust
Carolina Beach, N. C.
Co., New York
000 from
1956 to 1958, and
City.
Interest
Bond
ceases
Sale—The $44,000 water
on
date
25

Details—-In

High Point, N, C,

Bond
Sale—The ; $14,000 land
acquisition, 1947 bonds offered on
Dec. 3—v. 166, p. 2259—were pur¬
chased by the South Shore Trust

and

Marcellus, N. Y.

■

Bond

1

,;*,.

■

called.

*

.

Williston Park, N. Y.'-Vt

York

York

City. These
by
the

approved

Bonds
'

election
proved

Voted—At
on

the

Nov.

the

4 the

issuance

county hospital bonds.

general

voters ap¬

of

$950,000

58

(2362)

THE

Hamilton Local School

District

Piqua City School District, Ohio
Bond

(P. O. Columbus), Ohio
Bonds Voted

election

At the

—

on

Nov. 4 the

the

proved

issuance

voters ap¬

the

apparatus

Bonds

Local

Sch.

the

proved

issuance

of

No.

2

the

proved

Jefferson
Bond

tion

School

District

of

Sale
the

sale

of

apparatus bonds

10,000

the

to

issue—v.

sold at

were

election

10

a.m.

R.

Dec.

on

for

17

improvement

sewer

notes. Dated Nov.
as

•

the

Due

Nov.

on

1, 1949. Bidders may

name

the rate of interest in

tiple

of

J/4

of

1%.

mul¬

a

bids

No

for

less than par and accrued interest
will be accepted. The approving

opinion

of

Dempsey,

Squire,

of

Sanders

Cleveland,

furnished the

be

purchaser. A certi¬

fied check for $750 payable to the

Offering

Board

receive
on

for

10

Zepp,

will

Education,
bids

sealed

Dec.

E.

H.

—

of

until

noon

the

purchase of
exceed 3% build¬

$40,000 not to
ing bonds. Dated
Denomination

Dec.

$1,000.

1947.

1,

$2,000

Due

April and Oct. 1, from 1949 to
1958, incl. Bidders may bid for

on

different rates of interest in mul¬

tiples of y4 of 1%. No bid for less
than par and accrued interest to
date
of
delivery will be con¬
sidered.
Principal
and
interest
(A-O) payable at the office of the
xgClerk Board of Education. A cer¬

(P.

166,

cinnati.

Dated

cipal and
the

at

to

the

Board of Education, is required.
New
Bonds

Madison,

Ohio
general

Voted—At

election

on

proved

the

the

Nov. 4 the

voters

serially
1958

North

Canton, Ohio
general
street improvement bonds offered

1,

by

Interest

1947.

payable
M-S. Due serially on Sept. 1, from
1949 to 1953 incl. The next highf

est bidder

I

as

J. A. White & Co.,

was

2s, at 100.59.

the

election

Voted—At

proved

the

building

issuance

and

Old Fort

the

of

Local

School

ap¬

$17,000

construction

bonds.

District,

Ohio
,

Bonds

election

proved

Voted—At
on

the

construction

the

Nov. 4 the

issuance

general

voters ap¬

of

$48,000

bonds.

(P. O. Lima), Ohio
Bonds Yoted-^-At the general
election on Nov. 4 the voters ap¬

—

the

issuance

of

$160,000

building bonds.




1947. Prin¬

(J-D)

1,

Nov.

4

Clerk

payable
Co.

from

Due

1949

to

the

general

the voters

ap¬

Board

sioners,
until

$1,000. Due $1,000

Dec. 1, from

on

for

different

a

multiple of

a

for less than

of

y4

1%.

and accrued in¬

par

opinion
of
Peck,
Williams, of Cincin¬

approving
Shaffer

&

certified check for

A

Spencer, Ohio

Warrensville

election

Nov.

on

4

the

general

voters

Bond

Sale

Details—In

works

R.

connec¬

Nov.
at

24

issue—v.

price

a

166,

$28,000

sold

works extension bonds offered

These

Dec.

1

of

terest

1939.

together

with

unmatured

shall

coupons,

the

are

be

ap¬

1947,

after

shall

through Dec. 31,

cease.

which

date

166,

cost

eral

interest

2260

These

Broken

Sch.

Arrow

on

at

election

at

Nov.

on

the

tion, will receive sealed bids until

will consider the issuance of

(EST)
purchase of

000

noon

struction

as

to

1966,

1971

incl.

iy2%

Dated

$10,000

Perkins,
Bonds Not

tion

held

from

tiple

of

rate

bids

These

Va

of

specify

may

1%.

will

not

the

are

at the general

Split
be

1949

1967 to

different rate of interest in

a

a

mul¬

interest

considered.

bonds

authorized

election

Nov. 4.

on

No bids for less than

be

be

made

upon
requested to
Clerk-Treasurer.
Principal

and interest (J-D) payable at the
office of the agency of the Board

Chickasha, Okla.
Offering—Eugene
Clerk, will receive

the

purchase

of

$125,000 riot to
exceed 4% interest site purchase
and park bonds. Dated Dec.
15,
1947.

Due

1964,

and

the

are

$8,000

$5,000

bonds

election held

1950

from

in

authorized

on

to

These

1965.

at

the

Nov. 25.

Okla.

Nov.

19

voters

interest (J-D) payable
County Treasurer's office or

bids
the

until

11

A certified check

a.m.

purchase

certified

check

payable

for

to

1%

the

of

18 the voters approved

on

by

a

wide margin the issuance of
000 electric power

$175,plant bpnds.

City

Exempted

Village

the

School District, Ohio
Bond
Clerk

Offering—D.
Board

receive

of

sealed

E.

Kessler,

until

and

ferent rate of interest in

y4

of

1%.

The

sold at not less than
crued

bonds

interest.

authorized

election
check

on

for

Board of

Nov.

$3,000

multiples

bonds

at
4.

will

and

par

These

are

the
A

of

be

Clerk

from

15,000

general
at

The

bidder

9

for
as

and

1951

as 2s, at par,
by
City Bank. Dated Jan.

Treasurer's

Jan. 1, from

on

office.

the

serves

cancel,

right

in

portion

The

to

numerical

of

said

1948, at

City

take

re¬

and

up

order,

bonds

mature after 2 years

such
shall

as

from Jan. 1,
interest

and accrued

par

interest payment date on
from the

any

after the second year

or

bonds
on

for

2%

Bond

|

Due
to

$500

Sale

Bank, of Portland,
our

Nov.

17

were

sold

100.259,

and

Bond
be

be

sold

to

the

interest.

voted

These

the

at

are

election

Sept. 23. A certified check
of the amount bid,

is

at

p.

the

of

part

ing date

1,

M-N.

Due

1947.

Interest

serially from

of

Dated

payable
1948 to

Bond

Offering

—

on

on

City Recorder, will receive sealed
bids until 7.30 p.m. on Dec. 10 for
the purchase of $5,000 4% build¬

ing bonds. Dated Nov. 1, 1947. Due
$500 on Nov. 1, from 1948 to 1957
inclusive. No bid for less than par
accrued interest will be ac¬

and

cepted. Principal and interest (MN) payable at the City Treasur¬

Election—At
on

Nov.

000 water works

10,system bonds.
•

received
p.m.

purchase

of

by
on

Bond

Central Lincoln

the City Clerk,
Dec. 15 for the

$178,000 " bonds:
-

•.

as

' 'J7X

Sale

pay¬

and after Jan. 15, 1953.

will not be
and

sold

accrued
be

fied

value

for

than

The

at

for

2%

bonds

City
the

near

A certi¬

as

the

par

bonds

the

office, as
posisble.

sale

of

less

interest.

delivered

check

of

the

face

bid

for,

pay¬

able to the City, is required.

Washington County Sch. Dist.
No. 57 (P. O. Beavertcn),
Oregon
Sale—An issue of $20,000
school bonds was purchased re¬
cently by the First National Bank,
Bond

of

Portland, at
net

interest

a

price of 100.203,

cost

$12,000

as

of

2.645%,

as

2M>s. maturing

$2,000 from 1950 to 1955, and $8,000 maturing on Jan. 1 from 1956
to

1959

inclusive.

These

are

the

bonds

originally offered for sale
on
Oct. 31 and postponed'.
The
next
highest
bidder
was1
the
United
States
National
Bank,
Portland, and First Security Bank,
jointly, for 2%s, at a price of
100.335.

•

,

connec¬

tion with the sale of the $175,000
revenue
bonds to John

Nuveen

&

Co.,

of Chicago, at a
net interest cost of 3.069%, as re¬
—v.

in

166,

our

p.

Nov.

1939—we

the bonds

were

98.617,
$58,000

10

learn

issue

that

follows:

K

1

as

sold at

a

price of

2.%s, maturing on Jan, 1,
$8,000 from 1950 to 1954; $9,as

Conyngham School District, Pa.
Bonds Voted
At the general
—

election

Details—In

electric

ported

Lindsay, Okla.
Bond Offering—Sealed bids will

bonds

interest

PENNSYLVANIA
Lincoln County,

election

the voters

any

or any

the

er's office.

Newport), Ore.

an

25

of

be sold subject to
prior approving opinion of
Winfree,
McCulloch,
Shuler
&
Say re, of Portland.
The
bonds

follows:

B. B. Barner,

to pay all

the

1957 incl.

Gervais, Ore.

less

The bonds will

2043

price

a

the

as

not

Principal and

remainder

outstanding

bonds

Peoples Utility District (P. O.

held

8

3s,

as

Nov.

re¬

consider the issuance of

until

that

*

preferably $1,000.
Jan. 15, from 1949

on

inclusive.

have the option

reported in

168,

basis of 2.947%.

a

Hydro, Okla.

will

as

issue—v.
learn

now

quired.

to

connec¬

desire.

interest (J-J) payable at the City
Treasurer's office.
The City shall

date of

Details—In

for

18

assess¬

bonds. Dated Jan.

may

$70,000

1958

will

tion with the sale of the $5,000 fire
hall bonds to the First National

Jan. 1,

1955 incl.

to

will

accrued

the

follows:

on

pur¬

1958 incl. Principal and
(J-J) payable at the City

to

interest

power

offering the lowest rate of
and agreeing to pay par

1,

Due

and

interest

be

$1,000.

light

Due $10,000 on

bonds

deceive sealed bids until noon on
Dec. 12 fcr the purchase of
$257,000 4% building bonds. Dated Jan.

Denom.

sealed

Dec.

department
equip¬
ment
bonds.
Due $3,000
or
Jan. 1, from 1951 to 1955 incl.

the

Education, is required.

Columbus 9), Ohio
Offering — Walter Olpp,
Board of Education, will

1948.

on

fire

ac¬

Truro Local School District
(P. O.
Bond

bonds.

held
the

$20,000

was

Dec.

on

$700,000

Denominations

purchaser
than

a

certified

payable

receive

p.m.

electric

$50,000

noon

Jan.
1, 1948. Due on Oct. 1, as
follows: $13,000 from 1949 to
1971;

1972,

will

8

purchase of $65,000 bonds

will

(award to be made at 8:00 p.m.)
on
Dec. 29 for the purchase of
$328,000 3% building bonds. Dated

in

until

Cannon,

follows:

Education,
bids

Offering—Alma

Clerk,

bids

Tipp City

bonds

recently

—we

Hominy, Okla.
Bond

of

Education, is required.

chased

Clerk

states that at the election held

the

Board

Sale—An issue of

improvement

on

i

1948.

Treasurer's

Nov.

Dated

and

of Portland.

15,

Gervais, Ore.

Voted—The

bonds.

Portland, Ore.
Bond Offering — Will
Gibson,
City Auditor, will receive sealed

elec¬

the

the

date of issue.

Cushing, Okla.
City

Bonds

the

ap¬

er,

Dallas, Ore.
Bond

1949

Smith,
sealed

for

proving opinion of John W. Shul-

gen¬

not approve the issuance of
$35,000 water works system bonds.

the Dallas

Education, in New York City.

bonds,

of

$12,-

bonds.

bids until 7:30 p.m. on Dec. 11. for

blanks to

on

voters

Bond

City

par and ac¬
interest will be considered.

furnished

the

construction

the

15

the fiscal agency of the State
New York City. The purchaser
will
be
furnished with the

did

election

an

9

Dec.

on

Dec.

on

in

4.

Voted—At

on

1, 1948. Due $2,000

1,

Dec.

Election—At

held

be

con¬

on

$9,000 from

Bidders

the

Dec.

$1,000. Due

follows:
and

for

12

$225,000

bonds.

1947. Denom.

1,

Dec.

on

Bond

on

for $200 is required.

Dist., Okla.

to

re¬

bonds

sale

at

Due serial!y
1965 incl. These are

authorized

p.m.

interest school

cipal

in¬

net

a

7

at the

Honnold,

OREGON

Bond Offering—Alvie R. Smith,
Clerk-Treasurer Board of Educa-^

the

for

Jan. 1, 1948. Due on Jan.
1, as fol¬
lows:
$1,000 in 1949, and $2,000
from 1950 to 1956 inclusive. Prin¬

District,

Ohio

$1 500 is

are

scheduled

Clerk,

were

—

Edgar

City,

to

OKLAHOMA

School

and

purchase of $15 000 not to exceed

bonds.

Springfield Local

Oct.

County School District No. 19
(P. O. Dallas), Ore.

until

heid

of 2.18%.

1950

inclu¬

on

Bond Offering—Sealed bids will
be received by the District

bonds

election

p.

by C.

bonds

held

Polk

pre¬

Village Treasurer's
redemption at par and

interest

the

Oklahoma

from

all

1968,

the bonds author¬

election

1.

6%

purchased

the

fol¬

as

to

Dec.

Cordell,

v.

the

at

for

accrued

Denomina¬

1, 1969. Said

to

are

the

at

originally

28.

—

15,

1949

A .certified check for

Okla.
Bond Sale—The $165,000 water

$31,000.
1,

at

New

1939-4, Nos. 169, 170, 172, 175, 176,
177, and 178; to the amount of

1962

These

to

inclusive.
Oct.

from

quired.

1960, and $33,000 as
23/4s, maturing $7,000 from 1961
to 1963, and $12,000 in 1964, all

on

from

,

maturing $7,000 from 1954 to 1957;
$21,000 as 2 Vas maturing $7,000
1958

Denomina¬

accepted.
Principal and interest (J-J) pay¬
able at the City Treasurer's office.

from 1950 to 1953; $28,000 as 2V4s.

from

1948.

No bids for less than par
accrued interest will be

100.043, as follows:
2s,
maturing $7,000

as

Rvan.

21.

2154—

p.

were

15,

$1,000

ized

of

33, 34, 35, 39, 69, 75, 77, 78, 79, 80,
82, 84, 91, 92, 94, 106, 109, 110, 111,
112, 113, 118, and 25; and Series

July

000

J.

learn that the bonds

we

Jan.

sive.

bonds

Edwards, Inc., of
City, at a net interest
2.508%, as reported in our

cost of

pur¬

1952;
$4,0C0 from 1953 to 1961, and $5,-

the $110,000

improvement

P.

tion $1,000. Due on Jan.

lows:

authorized

Dated

Dated

18.

View, Okla.

tion with the sale of

the

Nov.

on

the

bids until 7.30 p.m. on Dec. 22 for
the purchase of $75,000 not to ex¬
ceed
4%
interest
water
bonds.

inclusive.

bonds authorized

—

proved the issuance of $15,000 fire
station house

and

Heights (P. O.
Cleveland 22), Ohio
Bond Call
Lena Gollwitzer,
Village Clerk, calls for payment
on Jan. 1, the 1V2% to 5% refund¬
ing bonds, Series 1939-3, Nos. 32,

office

the

of

the bonds bid for, payable to the
County, is required.

sented

Voted—At

1%

the

are

1954

furnished

Ontario, Ore.
Offering — F.

Bond

Oklahoma

No bids

chaser will be furnished with the

to

Mountain

to

in

terest will be considered. The pur¬

These

1950

at the election held

water

bid

rate of interest

improvement

be

City Recorder, will receive sealed

equipment bonds. Due $1,000

the

1949 to 1954 incl. Bidders may

interest

Bonds

for

20

Dec.

mon, will
chaser.

inclusive.

park

1967.

payable J-J. The ap¬
proving opinion of Gus J. Salo¬

lighting
system
$1,000 from 1950

Due

1955

from

County Commis¬
receive sealed bids

on

bonds,

$8,000

bonds.

street

5,000

of

will

noon

to

Interest

1963.

inclusive.

Smith

R.

purchase of $6,000 3% interest
county home, unlimited tax bonds.
Dated Dec. 1, 1947. Denomination

issuance

of
$16,000
improvement bonds
fire engine purchase

Offering—Carl

and
and

system
$3,000 from 1950

1965, and $2,000 in

6,000

Ohio
Bond

in
1955
and
1956; and
$117,000 as 3s, maturing on
1, $9,000 in 1957 and
1958; $10,000 from
1959 to
1961;
$11,000 from
1962 to
1964. and $12,000 from 1965

15,000 water works system bonds.
Due $1,000 from 1950 to 1964,

gen¬

certi¬

(P. O. McArthur),

County

and

Perry Local School District

proved

of Cin¬

$15,800 in
1973. Bidders may bid for a dif¬

general

Nov. 4 the voters

on

Vinton

000

Jan.

distribution

Due

bonds.

tion $1,000. Due July

$14,000

North Kingsville, Ohio
Bonds

1,

Voted—At

proved

2154—were

Ryan, Sutherland
& Co., of Toledo, as 2s, at a price
of 100.59, a basis of 1.901%. Dated

Sept.

to

$3,000 payable to
Education, is re¬

water works

Bond Sale—The $10,000

purchased

Dec.

on

Trust

Dec.

on

on

A

p.

im¬

inclusive.

Bonds

issuance of $15,000
water works improvement bonds.

166,

$60,800

Dec.

interest

election

of

Nov. 28—v.

Cleveland 9),

Shawnee, Ohio

ap¬

On

$150,000

Kraus,

Cleveland

of

payable

of

2154—were purchased

p.

Bids must

for,

A

4.

bonds.

to

nati.

O.

by Ball, Burge &

crued

bid

be

the voters ap¬

Sold—The

tified check for 1% of the amount
bonds

Nov.

on

electrical

are

*

at the

and
Due

ment collection

Massillon City School District,
Ohio
Bond

4

issuance

County Treasurer, is required.

Clerk

will

Ohio

&

will

be

the

Nov.

Hills

104

request.

may

than

will

purchaser

with

the

Seven

1, 1947. Denom.

purchaser

less

construction bonds.

the

No.

for

interest

provement bonds offered

purchase of $71,000 water supply
improvement No. 103, and sani¬
tary

The

on

proved

2—v.

Comings,
Clerk Board of County Commis¬
sioners, will receive sealed bids
until

bids

price

(P. O. Elyria),

authorized

election

the
par

to

These

interest.

accrued
bonds

of 1%.

quired.

Citizens

Saybrook Township Sch. Dist.
(P. O. Ashtabula), Ohio
Voted—At
the
general

Ohio

Offering—H.

No

accrued

Bonds

Note

the

Bonds

of par.
Lorain County

at

payable to the Board of Education,
is required.

Mil-

a

bonds

check for 1 % of the bonds bid for,

166, p. 2259—we learn

that the bonds

the

are

approving
opinion of Peek, Shaffer & Wil¬
liams, of Cincinnati. A certified

connec¬

the

Co.

and

furnished

$10,000

Details—In

a

a

Thbfee

payable

accepted.

voters ap¬

issuance

interest! in

1%.

Trust

$235,000

ledgeville Bank, of Jeffersonville,
as
DAs, as reported in our Dec.
1

of

Township (P. O. Jeffersonville), Ohio

with

fire

for

Board

name

National Bank & Trust Co., Piqua,
the Piqua National
Bank &

construction bonds.

.

check

the

of

of

par

Nov. 4 the

on

fied

Bidders to

or

ap¬

O. Minster), Ohio
Voted—At the
general

Bonds

multiple of

and
the

(J-D)

(P.

election

eral

Dec.

sanitary
sewer
disposal bonds.
$5,000 from 1950 to 1969,
$2,000 in 1970.
50,000 electric light plant
sewerage

of

rate

Monday, December 8, 1947

$178,000

on

construction bonds.

Jackson-Milton

different

a

different

Dated

authorized at the general election
Nov. 4. Principal and interest

Dist.

Nov. 4 the voters

on

for

CHRONICLE

$10,000 from
$11,000 from
incl. Bidders

and

both

highest bidder at not less than

bonds.

15, 1947.
$1,000. Due $20,000 June
Dec. 15, from 1949 to 1963

V4

Ohio
the
general

Voted—At

election

the

rate

purchase

(P. O. Jackson),
■

bid

on

incl.

bonds,
Jackson-Milton

may

for

17

1955,

1972,

interest in multiples of V\
The bonds will be sold

noon

and

general

proved the issuance of $7,500 fire

fighting

to
to

Denom.

Nov* 4 The voters ap¬

on

as' follows:

1,

1956

Dec.

FINANCIAL

purchase of $800,000 3% construc¬

Voted—Ac

election

Dec.
1949

-r-

&

tion

Hebron, Ohio
Bonds

Richard

G.

until

$230,000

construction bonds.

"#

Offering

Strohmeyer, Clerk Board of Edu¬
cation, will receive sealed bids

general

of

COMMERCIAL

proved
school

Nov. 4 the voters ap¬
the issuance of $20,000
on

improvement bonds.

Dormont
Bond

School

District,

Pa.

Sale— The. $375,000 im¬

provement bonds offered on Dec.
1
were
purchased, by
Halsey,
Stuart & Co., and Glover & Mac-r
Gregor, of Pittsburgh, jointly, as
2s. at a price of 100.367, a basis of
1.973%'. Dated Dec 1, 1947.
Due

Volume

$15,000
1973

166

Number 4653

Dec.

on

1,

from

1949

THE

to

inclusive.

Principal and in¬
(J-D) payable at the Peo¬
ples First National Banfc & Trust
Co., of Pittsburgh. The purchaser

terest

will be furnished with the
opinion
of Burgwin, Churchill & Ruff
in,
of Pittsburgh, as to the
validity ot
the bonds.
The next highest bid¬
der was Blair &

Co., Inc., Moore
Lynch, Arthurs, Lestrange & Klima, and S. K. Cun¬
ningham & Co., jointly, for 2s, at
a price of 103.324.
Leonard

&

of

the

following loans totaling
$3,4()O,0C0:
$3,000,000 street and
bridge improvement; $50,000 li¬
brary improvement and equip¬
ment;
$200,000 museum, exhibi¬
tion

and

convention

$100,000

reception

Interest

rate not

a

said

on

Tcwnship

(P. O.

Pittsburgh,

Bond

Sale—An

of $11,000

issue

funding and equipment bonds

was

purchased recently by the Hamlin
Bank & Trust Co., of
Smethport.
Mar pie

Township (P. O.
Broomall), Pa.

■

Bonds

Voted

election

sewer

Nov.

on

proved

the

Bonds

Not

not

general

the voters
of

ap¬

$250,000

bonds.

School

eral election

did

4

issuance

system

Milton

At tbe

—

District, Pa.

the gen¬
Nov. 4 the voters

the

approve

—

issuance

of

$75,000 athletic field construction
bonds.

Bonds

Voted
on

proved

the

water

At

—

Nov.

4

166, p. 2155 —were purchased
by the Union Securities Corp., and
Kean, Taylor & Co., both of New
York, jointly, as l%s, at a price
of
100.143, a basis of
1.736%,
Dated Dec. 1, 1947. Due serially on
Dec., 1, from 1948 to 1967 inclusive.
The next highest bidder was Leh¬
man
Bros., and Hemphill, Noyes
& Co., jointly, for l%s, at a price

Ross

general

voters
of

filtration

ap¬

$70,000

construction

bonds.

Neshannock Township Sch. Dist.
(P. O.
R. F. D. No. 3,
New Castle), Pa.

Voted
At an election
held recently the voters
approved
the
issuance
of
$100,000 school
—

bonds.

Sale—The

eral

obligation

Dec.

2

a

Tax Law

—

The

preme

Court

opinion

on

handed

down

of Pittsburgh,

Dec.

Dec. 1,

on

levied

6

1,

1947.

Due

of

and

a

certain

the

State

new

Scranton,
Bonds

Pa.

sioner

Legal

of

Banks

announced

on

Nov. 25 that short-term and serial
added

by

the

to

ment

of

school

already
The ruling

State.

election

tax of five cents a ton on the
pro¬
of a local mining
opera¬

Allen

7

M.

Charles

and

Nov. 4

of

on

the

J.

Fleck,

sealed

ing $64,000:
$50,000

ladder

1947

truck

bonds.

Due

series

of

Dec.

15,

on

follows: $1 0C0 from 1949 to

1954; $3 000 from 1955 to 1962.
$4,000 from 1963 to 1967

and

inclusive.

A

certified

$1,000 payable to the City
is required.
15,000 motor sweeper and truck

the

plaintiff's contention that the

discriminatory, the court
taxing statute is gen¬

was

held that the
eral

throughout the State, except¬
ing in cities of the first class.

Philadelphia,
Bond

of
at

Council,
par

and

W.

calls

Due

from

check

on

be

paid at the

the

bonds

pre¬

must

payment

Accrued interest

have

the bonds will

on

rate

adjustment

Town

provided

effected

with

its

by
the

by

bondholders,

whereby effective with the inter¬
est which became due Jan.
1, 1936,
the

same

reduced

was

to 4%.

1949

to

Dated Dec.

voters at

be
an

to

the

election to be held

on

Dec. 2:

$28,000 well and water ex¬
tension; $8,000 sewer extension,
and
$8,000
park
improvement

on

a

Nov.

the

voters

and

$9,000 fire fighting equipment

bonds.

interest
re¬

multiples of Vs
1%, and must be the same for

wil

be

bonds.

The

furnished

with

purchaser
the

legal
opinion of Burgwin, Churchill &
Ruffin, of Pittsburgh, as to the

validity of the bonds.

Newport, R. I.
Note

Offering

George
Michael, City Treasurer, will
sealed

bids

—

until

W.
re¬

noon

on

Dec. 9 for the purchase at discount

ending March 31, 1948. Dated Dec.
9, 1947. Denominations $50,000 and
$25,000. Due June 9, 1948. Notes

tached

unmatured

Said bonds
coupons

at¬

must be presented for re¬

demption and payment to
the
Philadelphia National Bank, fiscal

agent,.for the City, at its office.
Bonds registered as to principal
plone or as to both principal and
interest

must

ceases

$300,000 notes issued in antici¬
pation of revenue for the year

on

date called,

i •

Sept.

1,

1947.

Due

on

De¬

March

$1,000 from 1950 to

1952; $3,000 from 1953 to 1956, and
$4,000 from 1957 to 1963, all inclu¬
sive.

Rates

of

interest

to

be

terest

rate.

No

bid

for

less

than

will be considered. Principal
and interest (M-S)
payable at the
Chase

National

Bank, New York

fied

check

for

$2,000 payable to
the City Treasurer, is
required.
Madison

County (P.
Jackson), Tenn.

Bond

Sale—The

O.

School

District

Limestone
No.
19

(P. O. Gaffney), S. C.
Bond Sale—The Merchants and
Planters National

$266,000 bonds

offered

on

Nov. 26—v. 166, p. 1835

purchased

at

public

auc¬

by the Harris Trust & Sav¬
ings Bank, of Chicago, and J. C.
Bradford

&

jointly,

Co.,
of
Nashville,
(less $1,200 for ex¬
penses) at par, as follows:

$250,000 highway bonds. Due on
Nov. 1, 1962 and 1963.
16,000 school bonds. Due on Nov.
1953.
Nov.

1,

1947.

Principal

and interest (M-N)
payable at the
Chemical Bank & Trust Co., N. Y.
The

next

First

highest bidder

Philadelphia, Pa.
Ordinance

ordinance

-y

Approved

Nov. 21; passed:

—

an

authorizing the creation




Bond
be

received

ham,
for

until

the

Louis

B.

was

the

bonds

7:30

p.m.

Dec.

on

of

$70,000

to

bear

the

same

Bank, of Gaff¬ rate of interest. Interest
payable
purchased recently an issue J-J. The
purchaser will be fur¬
of $28,000
2%
building bonds. nished with the approving opinion
Dated May 1, 1946.
Due on May of Chapman &
Cutler, of Chicago.
1, as follows: $2,000 in 1947 and A certified
check for $3,000 pay¬
1948*-and $3,000 from 1949 to 1956 able to the
County, is required.

issue of $400,-

was

jointly.

voted

These

at

the

the

are

election

on

Nov. 15.

Henderson

County Consolidated
Road District No. 1(P;
Q.
f

21/2%

water

and

water

sewer

system

and

sewer

system

bonds.
Dated Jan. 1, 1948. Due on
Jan.
1, in each year on the
maturity
schedule acceptable to the
and

City
by the purchaser.

offered

as

The

purchaser requests
bidder set up a
will

not

refunding

that

exceed

20

bonds

the

years

most acceptable to them
and that
a
rate
or
rates
of
interest
be
named in multiples of
Vs of

$100,000

was

pur¬

Webber,
Chicago.

Approved

as

legality by McCall, Parkhurst
Crowe, of Dallas.

Jefferson
No.

County Drainage Dist.
(P. O. Beaumont),

6

Texas
Bond

bonds.

of

issue

chased recently by Paine,
Jackson
&
Curtis, of

5%

Offering

W.

—

W.

Pat

Kent, County Judge, will receive
sealed

bids

until

Jan.

26

purchase of $2,000,000
ceed

4%

interest

for

not

the

to

ex¬

improvement

unlimited tax bonds. Dated Dec.
1,
1947. Due on Dec. 1, as follows:

$80,000 in 1948; $85,000 from 1949
to 1951; $90,000 in 1952 and
1953;
$95,000 from 1954 to 1956; $100,000 from 1957 to

1960

1959; $105,000 in
$110,000 in 1962
$115,000 in 1964 and
$120,000 in 1966 and

and

1961;

and

1963;
1965, and
1967.

No

bid

will

be

considered

1%

offering to purchase less than the
1949, entire
principal amount of the
semi-annually thereafter. The
bonds and all bidders are requested
place of payment of principal and
to
submit alternate proposals as
interest (J-J) to be named
by the follows:
(1) with all bonds ma¬
purchaser.
These are the bonds
turing after Dec. 1, 1957, optional
authorized at the election

with interest
payable Jan. 1,
and

held

on

Nov.

21, 1946. A certified check
$1,400 payable to the City, is
required.
for

Calhoun
Port

Bond

mentary
at

the

County

O.

ele¬
bonds authorized
held on Nov.
5

—

school

election

have been sold

ally in 20

(P.

Lavaca), Texas
The
$80,000

Sale

as

3V4S.

Due seri¬

years.

Canton, Texas
Election—At an

Bond

election

to be held on Dec. 9 the voters
will consider the issuance
of $107000 various bonds.

for

redemption prior to maturity
1, 1957, and on any in¬
terest payment
date thereafter;
and (2) with all bonds
maturing
on

Dec.

after Dec.
1, 1962, optional for
redemption prior to maturity on
1, 1962, and on any interest

Dec.

payment date thereafter. No bids
with

more

will

be

than two interest rates

considered.

Rates
terest must be specified in

Dickens

Indep.

School

District,

Sale—An

was

purchased recently by R. A.
Underwood. Dated Sept. 1, 1947.

Approved

as

to

nished with the approving opinio?i
Chapman & Cutler, of Chicago.

of

able

to

the

legality by McCall,

These

the bonds

are

were

Jim

County Road District No.

13A

(P. O. Waxahachie), Texas
Sale—An issue of
$50,000
road series of 1947 bonds was

held

on

road

gality by McCall, Parkhurst
Crowe, of Dallas.
These are
at

the

&
the

La

These

the

bonds au¬
thorized at the general election on
4.

to 1965

are

Nov.

on

proved
sewer

Feria,

election

voters
of

ap¬

$300,000

Texas

Voted—At

the

4

the

the

election

voters

issuance

revenue

of

ap¬

$250,000

bonds.

Lubbock, Texas

the

Voted—At the election
Dec. 2 the voters approved
issuance
of
the TQUowing

on

bonds: $2,313,000 water works

pansion

system

ex¬

bonds, $2,185,000 electric
improvement bonds, and

$426,000 sanitary

serially from 1954
inclusive, optional on May

sewers

bonds.

Lufkin Indep. School District,
Texas
Bond

No.

2

(P. O. Channing),
Texas

Co., Inc., of
Antonio, is offering for public
subscription $400,000 2V2%, 2%%
3y2%

coupon

unlimited, tax

at

prices to yield from
1.10% to 3.15%,?according to ma¬

turity. Denomination $1,000. Dated
Dec. 15, 1947. Due on Dec.
15, as
follows:

an

Due

Hartley County Road District

bonds

At

the

issuance

15, 1953.

and

—

1

Bonds

Bond Sale—An issue of
$50,000
City bonds was purchased recent¬
ly by James & Stayart, Inc., of

Nov.

held

held

Granbury, Texas

Dallas.

Bonds

election

Aug. 2.

on

Nov.

the

pur¬

recently
by
Rauscher,
Co., of Dallas.
Dated
Aug. 10, 1947. Approved as to le¬
&

on

improvement bonds.

chased

authorized

re¬

offered

Hogg County (P. O. Hebronville), Texas

proved

Bond

bonds

pay¬

rejected.

Bonds Voieu

Pierce

$20,000

County Judge, is

Dec. 1, for which all bids received

Parkhurst & Crowe, of Dallas.
Ellis

mul¬

quired.

issue of $40,000
refunding series 1947 bonds

3V2%

in¬

of
a

tiple of xk of 1%. Principal (J-D)
payable at the County Treasurer's
office. The purchaser will be fur¬

A certified check for

San

are

Sold—An

Co.,

bonds

15

1949 to

1953, and $35,000 in 1954.

son

&

Bonds Offered for Investment—
The Ranson-Davidson

bonds

Austin.

purchased re¬
cently by R. A. Underwood & Co.,
of Dallas, and the Ranson-David¬

will

school coupon bonds. Dated Jan.
1, 1948. Denomination $1,000. Due
on Jan.
1, as follows; $50,000 from
All

Bonds

000 road bonds

follows:

as

$40,000

Nationai Bank, Memphis, R.

par.

in

Dated Sept. 15, 1947.

by Mayor Ivy Fulg-

purchase

S. Dickson &

Co., and the Nash¬
ville Securities Co.,
Nashville, for
3s, (less $1,360 for expenses) at

office

of Texas.

to

3s,

as

ney,

The Council

the

Brownsboro, Texas
Offering—Sealed bids

Bond

Marion County (P. O.
as to genu¬
Jasper), Tenn.
validity by the First
Bond Offering—Joe H. Barker,
National Bank of Boston, under
advice
of
Storey, Thorndike, County Court Clerk, will receive
sealed bids until 10 a.m.
Palmer & Dodge of Boston.
(CST) on
Dec. 30 for the purchase of
$285,000 not to
exceed
3%
interest
I
SOUTH CAROLINA

County,

to

T exas

ineness and

Cherokee

recently

$30,000

bonds have been

sewer

City.

The bonds are issued sub¬
ject to the approving opinion of
Chapman & Cutler, of Chicago,
and a copy of their opinion will be
furnished the purchaser. A certi¬

Dec.

Legality
to
be
approved
by
McCall, Parkhurst & Crowe, of
Dallas, and the Attorney General

Bond Suie—An

Bonds Sold—An issue of

in

par

after

Athens), Texas

multiples of Vn of 1%, and no bid
specify more than one in¬

will be authenticated

be

accompanied by
appropriate instruments of as¬
signment executed in blank. In¬

follows:

as

Dated

700, maturing Jan. 1, 1949.
Series "D," aggregating $5,266,200, maturing Jan. 1, 1973.

July 1, 1941.

1,

1,

of

all

Dated

tion

ceive

Series "A," aggregating $4,543,-

Mayor Rhea Ham¬

mer, until 7:30 p.m. (EST) on Dec.
15 for the purchase of
$43,000 not
to
exceed
4%
interest
school

—were

000, maturing Jan. 1, 1949.
Series, "B," aggregating $2,456,-

Dated

Athens, Tenn.
be received by

Treasurer's

Bogota, Texas

that

of interest in

the

held on Nov. 1.
A
certified check for
$2,200 payable
to the City, is
required.

maturity schedule

TENNESSEE

and

on

Principal and interest
payable at the State

election

30,000

lowing
bonds
totaling
$27,000:
$18,000 water works improvement,

15, 1947. Denomina¬
$1,000. Bidders to name the

of

the

special elec¬

18,

a

multiple of Va of 1%
with interest
payable Jan. 1, 1949
and
semi-annually
thereafter.
These bonds were
authorized at

revenue

held

rate

all

be named in

bonds.

Wall, S. Dak.

interest

15, 1962.
(J-D 15)

not to exceed

Henry Investments, of Dallas.

submitted

Bonds Voted—At

Jan.

30 years most
acceptable to them
and that a rate or rates
of interest

totaling $44,-

tion

of

maturity schedule

sold

Howard, S. Dak.

will

Dated

Jan.

on

crued

up

a

Bond Election—The issuance of
the following bonds

000,

Due

water and

SOUTH DAKOTA

certified

payable to the
City, is required.

pay¬

Jan. 1, 1948, the following
funding of 1941 bonds:

Loan

said

1, 1948, and subsequent cou¬
to maturity thereof attached.

pons

Felton,

on.

.

for

for $300

A

RHODE ISLAND

for

accrued

$3,000

inclusive.

Pa.

Call—William

15,

1953

"It is really not so much a
delegation of power to school dis¬

assertion of

check

for

ever:

.....

J an.

of

bonds.

revenue

1948.

1, in each
year on the maturity schedule ac¬
ceptable to the City and as offered
by the purchaser. Interest J-J. The
City requests that bidders set

shall

Dec.

direct

until

following bonds aggregat¬

ing authority was an "improper
delegation of the legislative tax¬
ing power." The court held, how¬

State's power to tax, enforced by
the
State's
agents."
Regarding

Rider,
Finance,

1,

1,

nomination $1,000.

bids

series of 1947 bonds.

a

ap¬

$125,000

Dec. 5 for the purchase

who had argued that the local tax¬

as

general

the voters

issuance

receive

p.m.

by
Stearne against

William E. Eng¬
Benjamin
N.
McCormick,
trading as English and McCormick
Co.,

on

At the

—

Director of Accounts and

petitioners,

•>

sented

bonds.

written

was

lish,

terest

All

sys¬

tem

announces

1961, are called
for payment on Jan.
1, 1948, at par
and accrued interest, at the Na¬
tional City Bank, New York
City
(named in said bonds as paying
agent).

59

?

$7,000 in 1952; $10,000, 1953 to
1958; $15,000, 1959 to 1971, and
Avinger, Texas
Bond Offering—Sealed bids
$20,000 in 1972 and 1977, all incl.
will
Bonds due from 1963
be received by
through 1977,
Mayor C. F. Powell
until 7:30 p.m. on
Dec. 16 for the incl., are optional at par and ac¬
purchase of $110,000 not to exceed
5% interest water and sewer

Bland, Town

Bond Offering—Sealed bids will

Pa.

Uniontown, Pa.
Bond Offering — I. W.

as

with

P.

Treasurer,

maturing Jan.

legal invest¬
18, 1947.

land damage bonds.

tion.

Justice

Voted

the

proved

duction

opinion

State's

list of Nov.

Bonds

Township School District, Al¬
legheny County, from collecting a

The

the

Sunbury,

will

,

Call—J.

and

approved the issuance of the fol¬

Massachusetts

on

List—The Massachusetts Commis¬

of

ment

of

'

that the $100,000 water works and
sewer bonds
dated Jan. 1, 1921,

tion

governments of

son

Clerk

serially

from 1948 to 1961 incl.

Scribner, for 2s, at 100.448.

high court dismisses a suit
which attempted to enjoin Robin¬

tax

Sinkler,

(2363)
TEXAS *

Johnston, S. C.
Bond
Clerk

payable J-D. The next
highest bidder was Singer, Deane

of the

the

Huger

Interest

second class cities and lesser local
units to levy taxes not

tricts

on

were

—

Arthurs, Lestrange
as 2s, at
price of 100.488, a basis of 1.88%.

Dated

an

Nov. 26, upholding the

^authorizing

districts

Coal

2155

p.

by

Klima,

Pennsylvania Su¬

constitutionality

the

gen¬

bonds offered

166,

v.

—

$135,000

CHRONICLE

obligations of Scranton had been

Pennsylvania (State of)
Supreme Court Validates School

law

by

Charleston.

Township (P. O. Pittsburgh),
Pennsylvania

Bond

&

the

the

issuance

Bonds

Dec. 1—

v.

purchased

Nanty Glo, Pa.
election

on

FINANCIAL

of 100.599.

Voted—At
on

Pa.

Sale
The $500,000 gen¬
pubilc improvement of 1947

series A bonds offered

legality

at

exceeding that author¬

&

incl. Principal and interest
(M-N)
payable at the Chase
National
Bank, New York. Approved as to

and
loan.
be

the office of the city's fiscal agent.

eral

Eldred), Pa.

halls,

center

loans'shall

ized by law and shall be paid by
the city on January and July 1, at

Bond

Eldred

COMMERCIAL

$6,000

in

1949

to

1951;

Sale

tion with the

Details—In

connec¬

sale of the

$600,000
refunding bonds to the syndicate
headed
by the First of Texas
Corp., of San Antonio, as 3s, at
par,

as

issue—v.

reported

166,

p.

in

our

Dec.

2260—we

that the bonds mature

as

1

learn

follows:

$5,000. in 1949; $4,000 in 1950;
$7,000 in 1951 and 1952; $8,000 in
1953; $7,000 in 1954; $8,000 in 1955;*
$7,000 in 1956; $9,000 in 1957; $10000 in. 1958; .$11,000 in 1959< and
1960; $13,000 in 1961; $24,000; in

60

THE

(2364)

COMMERCIAL

1962; $26,000 in 1963; $27,000 in mouth, at an .estimated cost of
Asserting that the
1964; $32,000 in 1965 and 1966; $18,500,000.
$33,000 in 1967; $34,000 in 1968; tunnel-bridge project was "eco¬
and
would
$43,000 in 1969; $44,000 in 1970; nomically feasible"
$45,000 in 1971; $47,000 in 1972; "adequately provide for the move¬
$48,000 in 1973; $50,000 in 1974, ment of traffic," an engineer's re¬
and $8,000 in 1975. Interest pay¬ port recommended that the com¬
mission "proceed with the neces¬
able F-A.
sary
negotiations for financing
Pasadena Indep. School District
and constructing the facility."
(Pi O. Pasadena), Texas
As to financing the project, it
f Bond Election —7 The Superin¬
.

estimated

was

tendent

Schools states that

of

election will be held
have the

an

voters pass on the

at

issu¬

$1,600,000 construction
bonds. Due serially in 25 years.

Norfolk

Hampton„ Va.
The $36,000 air¬

Sale—-

-"Bond

purchased' by

been

has

8

Berkley and a twotunnel from that locality to

lane

bonds authorized at an election on

Nov.

between

and

construction

pool

swimming

erection

Portsmouth.

Bonds Sold—The issue of $130,000

in¬

debt

bascule bridge was

for

proposed

Pelly, Tex as

-

the

3% interest rate.

a

A four-lane

of

ance

that

curred could be retired in 30 years

Dec. 6, to

on

at

Dec. 2—
v.
166, p. 2260—were purchased
by F. W. Craigie & Co., of Rich¬
mond, as
1.70s, at a price of
100.117, a basis of 1.683%. Dated
June 30,
1947. Due serially on
Jan. 30 from 1953 to 1957 incl.

public auction at 2 p.m. on Dec. 9
an
issue of $395,000 construction

Principal and interest (J-D) pay¬
able at the Central Hanover Bank

port

B. V. Christie & Co., of San An¬
tonio.

Perryton Indep. School District,
T exas

Bond

Offering

These

bonds.

thorized

The

—

the

are

sell

bends

election

the

at

Superin¬

will

Schools

of

tendent

on

York. The next

& Trust Co., New

au¬

highest bidder was Scott, Horner
& Mason, for l%s, at 100.024.

Nov.

on

offered

bonds

12.

&

FINANCIAL

until 10

CHRONICLE

Dec. 15 for

now

purchase of 500,000 not to
exceed 3% interest general obli¬

held

gation bonds. Dated Dec. 1,
Denomination $1,000. Due on
1, as follows: $52,000 in
$53,000 in 1950; $54,000 in
$55,000 in 1952; $56,000 in

sewer

urer,

a.m.

on

the

1947.
Dec.
1949;
1951;
1953

and 1954; $57,000 in 1955; $58,009
in 1956> and $59,000 in 1957. Bid¬
ders

Monday, December 8,1947
that

reports
on

proved

at

an

election

July 7, the voters ap¬
the issuance of $100,000

improvement bonds.
ThermopoVs, Wyo.
Pending — City
said

are

consideration

have

to

under

proposal

a

for the issuance of

calling

$135,000

sewer

bonds..

submit

bids for the
bonds as follows:
(A) With the
right reserved by the County to
call any and all cf the bonds at
par in inverse numerical order on
may

interest payment date on and
after five years from
the date
thereof.
(B) Without- any right
reserved by the County to call
any of the bonds prior to their
maturity date. The bids submitted
shall specify either (a) the lowest
rate of interest and premium, if
any, above par at which the bid¬
der will purchase the bonds, or
(b) the lowest rate of interest
the

bidder

will

purchase
payable

check

for

is

5%

re¬

quired.

John,

Saint

Charlottetown,

Muncton, Fredericton, Montreal,
Toronto, Winnipeg, Regina, Cal¬
gary or Vancouver. Approved as
to legality by Daly, Thistle, Judson & McTaggart, of Toronto.
SCOTIA

A

syndicate composed of R. A.
Daly & Co., Anderson & Co.,
Burns Bros; & Denton, Cochran,

Gundy, & Co.,
Corp., A. E.
Imperial Bank of

Murray & Co., Fry & Co., Charles
H. Burgess & Co., all of Toronto,
and the Scotia Bond Co., of Hali¬

Canada, all of Toronto, and Tan¬

fax, is offering for investment the
following debentures:

of

posed

Wood,

Dominion

Securities

&

Ames

Co.,

&

Co., of Calgary, recently
purchased
$2,500,000
refunding
bonds, at 99.527, a net interest cost

ner

of 2.70%, as follows:

$1,250,000
000

2V4S, maturing $250,1948 to
1952, and

as

from

$1,250,000 as 2%s, maturing
on Dec. 1, $250,000 from
1953
1957, all inclusive.

&

certified

A

fax,

com¬

with

sold

Preston, Thorgrim¬
Horowitz, of Seattle, ap¬
proving the legality of the bonds.

$500. Due
15, 1968. Principal and
(M-N) payable in Hali¬

Nov.

interest

NOVA

ALBERTA

the opinion of
son

de¬

Halifax, Nova Scotia
Debentures Publicly Offered—

Alber'a (Province o()
Bond Sale-—A syndicate

the bonds at par. Interest

J-D. The bonds will be

fund

sinking

nomination $1,000 and

CANADA

any

which

3%

bentures. Dated Nov. 15, 1947. De¬
on

Bond Issuance

officials

$5,000,000

to

$1,403,000 3% improvement bonds.
Due on Nov.
1, as follows:
$140,000 from 1958 to 1966,
and 143,000 in 1937.
7COCOO 2%% improvement
bonds. Due on Nov. 1, $140,incl.

1957

to

improvement
Due $110,000 on Nov.

2V2%

bonds.

Interest payable J-D. The next
highest bidder was James Richard¬
son & Sons, at a price of 99.417.

1953

from

000

550,000

1, from 1948 to 1952 incl.
Dated Nov,.

Denomina¬

1, 1947.

,

Sch.

Indep.

Lavaca

Port

Richmond,

Dist.,
Bond

T exas

$80,000 con¬
struction bonds authorized at the
election on Nov. 15 were sold re¬
cently

Dec.

Dated

3V4S.

as

Dec.

on

Rising Star Independent Sch. Dist.,

1948.

Texas

Jan.

on

Approved as to Legality
—The following bonds aggregat¬
Bonds

be held

to

fiscal

election

held

voters

the

1

Nov.

on

bonds

1947

of

bonds

was

pur¬

bonds

were

City

of

issued

on

construction

works

(P.

Nov. 21

held

be

375,0.00

Dec.

on

consider

2s,

we

works

revenue

bonds.

*

Texas

Tyler,
Bonds

Voted

proved
street

—

At

election

voters

ap¬

the issuance of $150,000
improvement bonds.

Zavala-Dimmit

Counties, Wa'er

3%%

semi-annual

bonds

improvement
chased

5%

and

bv

recently

was

the

pur¬

Co., of Wichita.
Dated
Sept. 1, 1947.
Legality approved
by McCall, Parkhurst & Crowe,

of Dallas.

VIRGINIA
Ri"~r

Norfolk), Va.
Large Bridge -7- Tunnel Project
—

The

sion announced

for

above

plans

thecoristruction

from

Norfolk

tunnel

from

to

Commis¬

of

a

Berkley

Berkley

to




5

bridge
and

a

Ports¬

2156—

p.

were

sold

outstanding

bonds,
interest in

accrued

order

on

any

payment
date
on
and
from date of issue.

years

Nov.

1,

1947. Interest pay¬

M-N.

by

Approved as to legal¬
Preston. Thorgrimson &

Dayton),
Bond

Sale

Wash.

tion with the

COnnOfi.

sale of the $220,000

school bonds to Foster &

Marshall,
of Spokane, at a net interest cost
of 2.089%, as reported in our Dec.
1 issue—v. 166, p. 2260—we learn
the

bonds

sold

were

at

a

price of 100.339. The next highest
bidder

was

the

State,

'V*j;

at par.

for

2.20s,

■

(P.x O.
Seattle),. Wash

King .County
y

Bond Offering—Sealed bids will

be received

by the County Treas¬

20—

$1,C00. Principal and inter¬
est
(M-N) payable at the City
Treasurer's office, or the Royal
Bank of

Canada, of Halifax, Saint
Montreal, Toronto, Winni¬
Vancouver.

John.
peg or

ONTARIO
Etobicoke

Township (P. O.

Etobicoke), Ont.
Publicly Offered—
Harrison & Co. and the Bankers
Debentures

WEST

2%%
transit system
equipment debentures.
Due
serially from 1948 to 1951 in¬

will

voters
of

W.

—

held in the

be

to

clusive.

Va.

At

200,000
2V4%
transit
system
equipment debentures.
Due
serially from 1952 to 1955 in¬

election

an

future the

near

consider the

$300,000

issuance

Kenova, W. Va.
Bond Sale — The $25,000 war
memorial and library bonds were

as

Due in

2V2S.

the

are

the

at

Sinking

State

bonds

election

au¬

held

on

June 10.
Mercer

1, 1947.
Principal
and
interest payable J-D.
The
next highest
bidder was Jame~

Proposed

Bonds—The State Supreme
on

25

a

ruled invalid

Nov. 25

proposed

levies

airport

$1,100,000
issue,
since
the

could

not
to

the

on

County

suffi¬

produce

service

Nov.

on

bond

that

Court

Court

all

of

the

said bond

issue, it could not issue
$600,000 portion of the bonds at
present.

a

WISCONSIN

$500
1967
Nov.

Nov.

15,

Bonds

from

due

on

1948
or

to

after

Columbia

P-i'^h

Debenture

Minister

comb,

of

—

until

will
noon

(FST) on Dec. 9 for the purchase
of
$5,COO,000
2 V2%
debentures.
Catcd Dec. 15, 1947. Due on Dec.

Principal

1952.

15,

and

$50,000 payable to the

Minister of Finance, is required.

15, 1957, subject to redemp¬
at

and

par

accrued

interest.

provement bonds offered on Nov.
were
purchased
by
Wood,

24

Gundy & Co., of Toronto, Nesbitt.
Thomson & Co., and the Royal

jointly,

—

bonds

both of Montreal,

as

offered

Bell, Gouinlock &

on

1 3/4

0

V-.;:

was

'"-f

-

Walter &
■■■'"

2%s, at 96.80.

Co., for

1 AO Aoq

when issued and

If and

accepted by the

principals and subject to the val¬
of the Ontario Municipal

idation

Boards,
Fort

Bond

tion

Williams, Ont.

Sale Details

—

In

connec¬

with the sale of the $764,000

improvement bonds to the
Corp.. of To¬

21/2%

Dominion Securities

ronto, as reported in our Nov. 17
issue—v. 166, p. 2044—we learn
that the bonds were sold for a

and

1, as follows: $43,000 in
$44 000 in 1949; $45,000 in
$46,000 in 1951; $47,000 in

1948;
I.950;

97.757,

mature

of

on

1953; $49,000 in
1955; $52,000 in
1957; $54,000 in
1958: $56,000 in 1959; $57,000 in
1960: $59 000 in 1961, and $60,000*
in 1962.
Interest payable M-N.
$48,000 in
$51,000 in
$53 000 in

1952;

1954;
1956;

Welland, Ont,.
Sale

Bond

Details—In
sale

tion

with

the

3%

(not

2%)

of

connec¬

the $60,000

bonds'ito: Wood,

&

Co..

rn.

Springs, Wyo.
Bonds Voted
The City Clerk

all

of

Toronto,

Eastern

M"rrav

&

Co.,

fax,

is

of

Coch-

Toronto,

Co.. of HaR-

F. J

offering

for

investment

as

renorted in our 1

learn that the bonds were
a

Securities Co., of St. John,.

Rock

—

incl.

1967,

Nov. 10 issue—v. 166, p. 1940-r-we

Nov.

high¬

est bidder

to

Mills, Spence & Co., and Bank of
Nova Scotia, Halifax, jointly, as

2044—were

p.

1958.

To be dated Dec. 15, 1947.

Gundy & Co.,

29—
NEW BRUNSWICK
purchased
New Brunswick (Province of)
by the Casper National Bank, of
Debentures Publicly Offeredr—
Oasoer.
and As^nm'qtes,
as
l%s.
A
syndicate
composed
of
the
at a price of 100.20, a basi^ of
Dominion Securities Corp., Bell,
1.714%. The bonds are dated Oct.
Gouinlock & Co., Wood, Gundy &
1,
1947. Principal
and
interest
Co., MrLeody Young, Weir & Co.,
(A-O)
payable
at
the
County
A. E. Ames & Co., Mills, Spence
Treasurer's office. The next
166,

v.

as

Co., McLeod, Young, Weir & Co.,

o

Big Horn County School District
No. 1 (P. O. Byron), Wyo.
Bond Sale
The $65,000 build¬

ing

maturity.
divided

Nov.

Winniveg, Man.
Sale—The $2,010,000 im¬

Bank of Canada,

are

price

MANITOBA

Bond

each

from

follows:

interest

(J-D) payable at either of the fol¬
lowing cities in Canadian money:
Victor a,
Winnipeg,
Vancouver,
Toronto or Montreal. A certified
for

for

debentures

These

H: Ans-

Finance,

bids

sealed

r~ceive

amounts

(Province of)

Offering

interest,
yielding
proportionate

accrued
3.01%,

$407,090 2%s. Due from Dec. 15,
1948 to 1957, incl.
430,000 S^&s. Due from Dec. 15,

COLUMBIA

BRITISH

2%s, at a price of
These bonds are part of an issue 96.888, a basis of 2.96%.
Dated
of $50,000 authorized at an elec¬ Dec. 1, 1947. Due Dec. 1, 1967. In¬
terest payable J-D. The next high¬
tion held on Aug. 13, 1948.

tion

Bond

over

Sale—The

on

Bankers

plus

Sens, Royal Secur¬
Montreal, Royal Bank
Montreal, Anderson &
Co.,
Midland
Securities Corp
London, Ont, W. C. Pitfield & Co.v
and Harrison & Co., jointly, at a

general

incl.

being made by
Ltd., and the
Corp.,
both
of

of Canada.

c^eck

Ridgeway, Wis.
$10,000 water
obligation bonds
offered on Nov. 28 were purchased
by Harley,
Hayden
&
Co., of
Madison, the only bidder, as 2s,
at par. Dated Nov. 1, 1947. Due
Bond

works

&

Richardson &

Va.

W.

Invalidates

Co.,

Harrison

ities Corp.,

price of 99.188.

Court

Etobicoke, Ont.
Bonds Offered for Investment-

Toronto, of $837,000 2%% and
3VS % debentures, priced at 101.33

County (P. O. Princeton),

ground

Dec.

Dated

-

bonds.

incl.

1958 to 1967,

from

Public offering is

clusive.

stadium

baseball

These

$430,000 3Va% improvement debs.
407,000 2%% improvement debs.
Dated Dec. 15,
1947.
Interest
J-D.
Due serially on Dec.
15,

inclusive.

VIRGINIA

Bond Election

Toronto,

of

both

Corp.,

jointly, are offering the following
debentures for investment:

1, from 1956 to

200,000

Charleston,

Eond

193-

Dec.

est bidder was

Details—In

Nov.

on

1838—were

p.

on

Dec. 2.—V.

on

WYOMING

Columbia County, Davton School
District No. 2 (P. O.

—

offered

ment debentures. Due seriall.

$14,000,000

1940.

p.

Horowitz, of Seattle.

Nov. 24

on

166,

numerical

interest
after

the

and

par

inverse

that

TwoCom¬

mission (P. O.

Planned

of

166,

as

both incl. The District
the right to redeem any

Ransan-

Davidson

EVzaheth

at

ity

Sold—An issue of $200,-

Bonds
000

all

or

able

Texas

Vancouver,

issue—v.

1962,

the

reported in our

as

learn that the bonds

DoteH

Improvement District No. 1
(P. O. Crystal City),

$63,000
Washington

follows: $4,000 on Nov. 1, from
1949 to 1958, and $5,000 from 1959

reserves

an

the

25

Nov.

on

of

Bank,

connec¬

as

to

held

the

to

100.333,
24

for

bonds offered

enue

cient

of the

sale

the

bonds

at

Nov.

voters

the issuance of $5,-

water

with

112

Wash.

Details—In

Sale

National

election

the

9

Washougal Consoli¬

163,

v.

Tacoma Narrows Toll Bridge rev¬

construction

Vancouver),

O.

Bond

Tcxcrkcna, Texas

will

and

dated School District No.

tion

to

for present
the
remaining

Edmonton, Alberta
The $750,000

Debenture Sale
debentures

tion

—

is¬

$35,000 next Spring.

school

an

the

for

immediately

by the Commercial State Bank, of

Election—At

,

$70,000 water revenue
which $35,000 will be

of

bonds,

Ranger.

Bond

calling

Council

suance

ordi¬

O.

by the Board of Com¬

received

were

1951.

An

—

(P.

purchased
missioners until 2 p.m. on Dec. by a syndicate composed of Tan¬
15 for the purchase of $125,000
ner
& Co., of Calgary, Nesbitt
dredging facility bonds. Denom. Thomson & Co, of Montreal, anc
$1,000.
Cochran, Murray & Co., of Toron
to, at a price of 99.36, a net inter¬
Washington Toll Bridge Authority
est cost of 2.99%, as follows:
(P. O. Olympia), Wash.
No Bids Received
No bids $350,000 3% transit system equip

thorized

passed recently by the

Clark County,

water

purchased

was

be received

purchased by the
Fund Commission,

Authorized

Bonds
nance

Texas

$34,000

certified

A

amount bid,

required.

Bonds Sold—The City Secretary

that

1948.

Ewrett

Everett), Wash.

or

on

Brewster, Wash.

Sept. 1, 1947. Legality ap¬
proved by McCall, Parkhurst &
Crowe, of Dallas.

states

ap¬

WASHINGTON

Dated

Strawn,

7,

is

recently by the First of
Corp.,
of
San
Antonio.

chased

Jan.

delivered

be

cheek for 1 Vz % of the

Stephenvzlle Indep. School District
(P. O. Stephenville), Texas
Bonds Sold—An issue of $106,000 2Vz% semi-annual refunding,
series

will

about

ap¬

proved the issuance of $20,000
street improvement bonds.

Texas

the

proving opinion of Reed, Hoyt &
Washburn, of New York City. The

election

an

with

furnished

be

of

Bond Offering—Sealed bids will

of

agent

will

Rule, Texas.
Voted—At

multiples of lk of

the City in New
York
City. Bids may be made
below par, but in
no
case
less
than 97% of par. The purchaser

improvement bonds.

Bonds

same

Rates of interest

Principal and interest (J-J)
payable at the City Comptroller's
office, or (at the holder's option)
unless the bonds be registered, at
the Bankers Trust Co., or other

will consider the issuance of $150,000 road

be stated in

the

bear

must

interest.

1%.

13 the voters

Dec.

on

of

to

(P. O.
Texas
an

bonds

rate

Roberts County

At

1, from 1949 to 1968 incl.

All

$79,000 have been approved
as to legality by Dumas & Huguenin, of Dallas:
$41,000 school house bonds.
38,000 refunding bonds.
Dated Nov. 1, 1947.
ing

—

of

purchase

registered bonds. Dated Jan. 1,
Denom. $1,000. Due $97,000

or

Bond Election

the

for

17

Port

Maurice

$1,940,000 not to exceed 3% in¬
terest public improvement coupon

15,

1947.

Miami ),

Offering

Miller, City Comptroller, will re¬
ceive sealed bids until noon (EST)

Sold—The

Bonds

Va.
—
J.

soldjat i

price of 101.432, are dated Oct. !

1, 1.947. and mature $4,000 on Oct. !
f**em 1948 to 1962 incl. Interest.

I.

A-O.

QUEBEC
Pont

Rouge, Que.

Sale—An issue of

Bond

$44,000
purchased re¬
cently at 99.00, a net interest cost,
of 3,072%v!*as follows:
$5,000 as
maturing from 1948 to 1952,
and $39 000 as 3s, maturing from
to 1967, incl. Dated Oct. 1, '
sewer

1947.

bonds

\

was