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*ubraW XV M ON DAY DEC 9 ««». K Volume 164 Number New 4549 General RAILROAD ACF-Brill Motors Co.—Partial : - ' v INDUSTRIAL - STATEMENT OF INCOME, a Redemption— / for redemption on Dec. , a Copy Corporation and Investment News 31, next, at 100 and Interest, out of sinking fund monies, $12,700 of 6% income debentures due Dec. 31, 1969. Payment will be made at the Land Title Bank & Trust Co., trustee, Broad and Chestnut Streets,' Philadelphia, Pa.— V. 163, p. 773., U--:.'-. V.; ■ //r; .•■•• • The company has called Price 6(y Cents York, N. Y., Monday, December 9, 1946 PUBLIC UTILITY - Ms ♦Gross sales less 1945 1944 . ■ , dis¬ counts, etc!_ goods sold Sell., admin, & gen. exp. 929,675 252,285 2,298,049 182,967 254,922 , / Allegheny Ludlum Steel Corp. ;z:'v Number of Stock¬ — A survey of holders of common stock in this corporation shows that 5,059 of its 13,009 stockholders are women. Male investors total 5,978, while estates and such organizations as insurance companies, charitable institutions, colleges and churches, numbering 1,972, make up the . , 86,447 : MISCELLANEOUS - holders— $1,006,787 769,126 $2,788,987 $5,244,857 4,483,323 $1,407,644 1943 • t • ■ ' 30 YEARS ENDED SEPT. 1946 Cost of INSURANCE - . Remainder. Akron Canton & Youngstown RR.- Earnings— from Gross Net ry. railway-..— railway..— from Net Jan. from from Net ry. —V. 1— $307,971 23,011 / $402,606 150,269 63,162 83,618 3,916,118 1,350,804 659,687 3,728,665 for Fed. $314,139 38,818 3,382 397,385 209,552 $51,306 $96,759 $65,769 , on .'321,400 , 75,780 ;f 852,827 —w-. eral the Allen Industries, Inc. (& Period End. corporate $150,000 for •Net This consist of chares of of the Reynolds & Co. and Laurence M. Marks & Co. were Ball, Burge & Kraus; J. C. Bradford & Co.; Henry Herrman & Co.; Kay, Richards & Co., and The Ohio Company. HISTORY its with offering BUSINESS—Company AND development, into the in Chicago principal Detroit Stock steel, PURPOSE—The proceeds are to be used for K-G with for struction capital engage on before May or 1, 1947 1946, the in distribution chase a the share), at for to loan to Wolverine and acetylene gas prior to said date. Wolverine, tional 'working determine to the mated, promissory capital be of an of the Saginawoption to pur¬ Wolverine, at will or May company advisable. in own 15, 1947, the and Condition par Federal / Reserve may in If excess the of 61% its purchase of the is percentage chased by • ; ' of each, - the are as Reynolds of follows: Ac of names shares the principal common stock Ball, V! Burge & severally pur¬ • 6 . % 5 Kay, Richards & Coi...... % 6 '1" ' • from Net from ry. From $1,285,253 railway. railway. oper. _/ income.._ /'A;'!:/; 1;. Jan/ 1—■ railway. from $1,554,382 172,562,601,266 66,817 161,226 1944 > . . since. , $1,847,578 635,487 136,037 1943 $2,050,582 % 6 Gross ' % Net from 1,005,656 333,747 • zVAvAA /A'/,, * v/A//'./■;: 17.063.162 18,592,994 19,557,921 Net ry. —V. oper. income.._ 416,892 < 5,977,786 7,366,701 1,381,465 SPECIALIST IN V : MUNICIPAL this for company HAnover & > 2-2600 said on stockholders would contest a the common a V ! SECONDARY MARKETS Compan y ( Members New 1922 NEW YORK 4, N. Y. Bell Teletype: NY 1-573 ' INCORPORATED : Telephone REctor 2-3600 / ■'" /' York Security Dealers Association > 45 NASSAU STREET, NEW YORK Philadelphia Telephone Enterprise 6015 1 r. . • Injunction— Nov. 27 that the directors and temporary injunction obtained on shareholders against payment of a 50-cent divistock. /' ■ : share should be paid common 5 Bell Teletype > New York 1-57$ • Common Dividend declared a dividend of 10 cents per share stock, payable Jan; 2, 1947 to holders of record Dec. 16, similar distribution was made last year on Dec. 15; none common A On Dec. 15, |944, 10 cents was also paid.—V. 163, p. 2430._ See Central Electric J , & Gas Co. below.—V. 164, p. 2538. ; Electric Co., Inc.—Output— electric properties of this company for the ended Nov. 30, 1946, totaled 62,719,000 kwh.r an increase of 0.3% the output of 82,473,000 kwh. for the corresponding week of 1945. 164, p. 2826. Power week ■ output of CORPORATE FINANCE . 30 BROAD STREET the directors. the ' • /"/••• 'V-'" Trading Markets in Over the Counter Securities DEPARTMENT Established Telephone: whom over 9,624,850 GEARHART & COMPANY oAllen stockholders, to the basis of one share shares will be offered to on in such amounts as determined by to participate—V. 164, p. 2005. and FLORIDA & NEW JERSEY Municipal Bonds share —V. 1,609,514 T' 2,467,254 'v 164, p. 2281. per American Water Works & 11,917.534 railway—1,533,697 subscribed by unsubscribed American Utilities Service Co.—Consolidation— 7a 6 3 Ohio Company—. Gross $35 The directors on Nov. 22 the 1946. Alabama Great Southern RR.—Earnings— I at held. entitled is company's The on Net ; Z 35%%' Kraus Henry Herrman & Co.—J The and shares were offered shares American Insulator Corp.—10-Cent V 35%% _______ J. C, Bradford & Co.__„_„____ z/; be V Co._ Laurence M. Marks & Co v- '/'■:/ : : * 2996 consum- underwriters to at $35 per share 199,101 common shares stock unless specifically for cash, should be made "ex-dividend." "In view of the temporary injunction the Ex¬ change suggests that open orders to buy and open stop orders to sell in effect at the close of business on Nov. 26, be returned to principals for confirmation or adjustment." it was announced.—V..164, p. 2825. the Wolverine. UNDERWRITERS—The the the of . U— 1945 out * stockholders certain 6,610 4 ., System-—i.——.-—.-2995 1946 to of to stockholders. by-preferred on matelY'Se ' outstanding balance a dividend of approxifirst on 17,000 non-cumulative 6% /fipreferred shares out of earnings in 1939, 1942, 1943 and 1944, when some of the profits were put into surplus funds. '^h Attorneys for the company held that the preference share dividends were not cumulative under New Jersey laws, The qommon dividend was declared on Sept. 24, last, with payment scheduled for Jan. 2, 1947 to holders of record Dec. 2, 1946. The New York Stock Exchange directed on Nov. 27 that contracts In discretion own 26 dend • Banks--—*■-; Sales Auction company to managers 1';/ The (preferred stockholders contended that ^ 2995 Statement of Member Banks of Reserve Federal October— . Nov. such additional quantity of cylinders as are required by the business of Company also agrees to advance to note bearing 4 % interest, such addi¬ the as necessary company stock common Its upon stock common until oxygen Wolverine , shares of in gases attorneys, previous offering is was employees / common . ——2995 Rates.. Exchange Combined Condition Statement of time prior to May 15, 1947. Under such agree¬ is granted proxies which will enable it to control of Wolverine management acetylene the company is given Foreign the American Ice Co.—To Contest ' Investment News 2953 State and City Bond Offerings and Sales—3004 Redemption Calls & Sinking Fund Notices.2995 Dividends Declared and Payable.../-—----.(.2995; The Course of Bank Clearings—. —2994 any company undertakes and oxygen additional 300 an <$100 ment the of City area, under which Bay .2976 General Corporation and • appointed Claude A. Roth succeed A. Bradley Eben and moment, The company on Dec. 2 filed a letter of notification with the SEC for 10,000 shares (no par) capital stock, to be offered to present stockholders, at $59 a share. Proceeds will be used for additional capital funds for expansion purposes. Issue is not underwritten. Miscellaneous Features all Faricy, 192,491 four Counsel manufacturing operations of the company have been moved to Emmaus (Allentown),/ Pa,,' and the company has acquired or contracted to acquire all of the capital stock of K-G Welding & Cutting Co., Inc. (Del.), with its principal office in New York, N. • Y., and which corporation is engaged in the manufacture and sale of welding and cutting torches and other equipment. "//;./',•;,>,■■■ ; /'.>://.■::/". The company has entered into an agreement with certain share¬ holders of Wolverine Gas Products, Inc. (Mich.) which is engaged 7, May * earliest American Fidelity Co., Montpelier—Files with SEC— in . DEVELOPMENTS—Since RECENT suoU of stock new No director Stock Exchange...2976 Stock and Bond Averages—— 164, v/;'/v and reappointed John E. company for each Transactions New York Curb Exchange____2976 cylinders for oxygen gas and the con¬ oxygen and acetylene gas manufacturing and dis¬ with related equipment and accessories. The company T. dismissed total A 2993 Markets.. Transactions New York . , the at unsubscribed the - Stock Over-the-Counter . recently offered .2987 —12988 Exchange..—.-__.w_._-—.2989 —2990 Toronto Stock Exchange.... 2990 Toronto Stock Exchange—Curb Section—.2992 the manufacture and distribution of oxygen and acetylene gases through conventional dis¬ tribution methods in mid-western metropolitan area. f ; \; • expects to The the Montreal Curb Exchange an plant .2987 Exchange $0.63 taxes, depreciation, etc.—V. , Stock Exchange^T.^.-.^._.___.2989 Louis Montreal investment in of tribution St. general cor¬ working Stock $4,435,498 177,935 American Brake Shoe Co,—Shares Offered— • —12987 Pittsburgh Stock Exchange...... the Welding $150,000 Philadelphia the company in acquisition of all the outstanding capital stock & Cutting Co., Inc.; and (b) provide approximately sum connection of cash purposes and particularly to: (a) restore to of $97,640 expended or to be expended by porate the net i^2987 Exchange income 500,286 $1.78 : Gavin, All are from Chicago./ Nov, 22. / V Earlier, Judge Barnes stated he had received a letter which said the Gulf, Mobile & Ohio RR. which is to take over the Alton In, re* organization, had planned on pay for the expenses of the Alton re¬ organization.—V. 164, p. 2825. ./""*. ' ; ' _^.V2987 Exchange.. Los Angeles Stock chemical and petroleum industries. Commercial users of .oxygen In substantial quantities also include most metal-working in¬ dustries and manufacturers who need oxy-acetylene welding and cut¬ ting in their operations. Company was formed for the purpose of developing gas-producing equipment which would function on the premises of the consumer, and thereby eliminate the expense of distribution and,, to a large extent, the investment in the containers used in distribution. .- , in William had He Exchange.^.,..*. Exchange 1946—9 Mos.—1945 $9,134,479 stating that he hoped the reorganization plan would Barnes, consummated and Exchange..^.......—...2986 Stock * P. Barnes in the U. S. District Court at Chicago, 111., appointed new reorganization managers for this company that their predecessors had not co-operated in speeding Roy D. Keehn, " Exchange...^.2986 Stock organizations. John 27 saying Judge be _._____2981 Exchange.... Stock Cleveland nitrogen, cn the premises of the ultimate consumer. The principal •commercial market available is that for oxygen, which is widely used of Subs.)—Earnings— 1946—3 Mos.—1945 $4,447,951 $1,110,934 288,772 31,487 $1.03 -$0.11 Federal for reserves reorganization. Cincinnati Stock Exchanger._ and operation of equipment to reduce air constituent atmospheric gases, such as oxygen and types 'V:';".t Nov. after ' ' - Curb Stock Boston to engage in the formed was Baltimore manufacture other Alton RR.—New Reorganization Managers Named— on Stock Exchange York New stock. common Included ~ (Stocks) 2965 New York Stock Exchange (Bonds).2976 financing, outstanding capitalization will 124,912 shares of $1 par value class A shares and 521,476 completion Upon ' " New York share. com. ■ Stock and Bond Quotations Inc. all , 2681. Judge Cutting acquisition of the* outstanding capital stock of K-G Welding & Co., Issue * and acetylene gas manufacturing and distribution plant. Part proceeds also will be used to restore to working capital the of $97,640 expended or to be expanded in connection with the oxygen of the cum per •After p. gas, oxygen —— earnings Earns, the investment of approximately and in the construction of an including purposes, cylinders in Sept, 30— Sales— for gen¬ by Air Products, Inc., be used will sale of possession in are $73,757 . headed by Reynolds & Co. and Laurence M. Marks & Co. on Dec. 4 offered 41,300 shares ($1 par) common stock at $7.25 a share. X:)" from shares •preferred stock in 1944.—V. 164, p. 821. Net Income •Principally to United States Government.—V. 164, p. 949. group Proceeds Of y This year, as in the immediate past, Allegheny Ludlum has paid dividends of $2 per share of common stock. The corporation retired its Offered—An underwriting Products, Inc.—Stock outstanding. control 62,260 2,825 shares, charities and foundations derive income from 940 shares; hospitals hold 300 shares; colleges 261; churches 64, and the remaining $152,920 35,479 173,767 • taxes $529,623 $229,803 __ deductions 2,179,876 /•.///• <r- income 4,730 Prov. 949,890 360,078 railway—765,387 income 317,675 2231. oper. that almost 70% of Allegheny Ludlum The corporation has 1,287,937 shares of these, individuals own 899,887 shares. shares; insurance companies have invested in stock Estates Total Income /":/•'//',/•:. 3,673,078 survey shows further is held by Individuals. stock 1,706 $416,307 131,794 14,481 railway.-^//3,450,477 The $151,214 ,// 6,168 , common $282,118 f $506,612 4,119 ——— 1943 '// 36,765 164, p. Air 1944 • 1945 $433,767 150,699 74,123 ; . income-- oper. From Gross Net 1946 $225,685 • Other income ' October— Troster, Currie & Summers Members New York Security Dealers Association Trinity Place, New York 6, N. Y. Telephone HAnover 2-2400 Teletype NY 1-376-377 Private Wires to Buffalo Cleveland Detroit Pittsburgh St. Louis 74 $ ■j< --1r,<rHifcrriJn^hlrajhir'i*TfftiI*n /■ share for 1 per common. Proceeds will be used for organizationW publication,—V. 163, p. 3414. ;v' ' of dividends tive class titled The 25,769 98,806 165,808' income— 9,142 25,708 34,898 31,393 4,771,675 4,352,584 from Net ry. to ence 'v Class A cum. conv* Class B cum. conv. stock (40 Common stock purchase of the and stock creased reserved are ' the exercise of warrants. • 1 all upon or a ' r i ; Net 402,211 v- : 1 „ ("V? V jy:'t. '' , PURPOSE—Net proceeds will be used first, to reduce accounts pay¬ able for" inventory on hand which' at the present'time approximate Net J J •Profit uniform inventory of purchased parts, to, purchase on more advantageous terms raw materials required [ for the production of cabinets, to maintain a larger inventory of fin¬ ished radios, and to finance a greater volume of sales and the con¬ sequent increases in accounts receivable. .' } maintain and increase large a .. •After all distributed securities its advance • The all to of of own 1 dissolution. New York latter company trade engaged » • , - time of Radio the by business was founded by Arthur Ansley Radio Laboratory. STOCK PURCHASE C. Ansley 1 ' • in rf ' has WARRANTS—Company to shares of each its of stock common the cipal underwriters , first five - _ ^ * - ? .. Years Ended June 30— Cost of goods Other _' $147,623 k / $86,913 $87,796 payable/——— $39,427 Corp. Co., its 21,509 * 9,178 ' $39,958 • . same, time Sell i-%. V; . around Piedmont, Mo., its . which properties of ance and require new a was Properties a and company pro- dissolve. V , and its .in then and subsidiary, Middle West was * 1,132,618 » company's i ' - ; * *' * I* " * . 1946 properties, in. the ordinary ,cpurse qf business. due fl.3%-2.2%), notes " . * , 1945 . 1944- . " $1,319,554 383,791 $1,867,128 535,297 amounts 728,565 ,309,591 394,200 .. of the Railroad Commission [ \ the jurisdiction * OF //jfofdi income, 1— J. % .> • Depreciation ' Federal taxes /.v.;.' . : 15,543,982 17,276,94-f 16,911,590 3.029,076 4,414.066 V:-v;;'.T943 1944 $3,661,326 1942- $3,405,730 1,896.995 $3,069,271 1,716,907 1,517,207 323,598 V 338,886 354,388 2,092,470 3,159,669 ' L' ' order declaring that it has ceased to be a holding company its registration as such shall cease to be in effect. ; / Net $511,115 income $504,683 208,502 201,553 dividends for - $309,562 common- dividends— Common and the call price on shares outstanding vat Balance • 23, 1946, and Dec. 2, expires at 3 p.m. Dec. 1 208,502 208,501 $359,596 $295,709 ( $293,181 ; of the new 233,136 247,026 • 164, p. 2403 ~ * 201,080 233,136 r. - $94,620 , an<i principal / underwriters common stock severaby/fto; .bp ; • - 7/ - No. of - ' Shs. W. C. Langley, k Co,-,—U • 4,509 I.ee ffgginson Corp.——f; 4,500 Bateman, Eichler & Co.——7. 2,500 Brush, filocumb & Co.J— 4,500. William 2,500 2,509 Dawis, Skaggs & Co.—— 4,500 R. Staats Co——_ 2;50O Mason-Hagan, Inc.— 1,000 —V. 164. p. 2683. / . 1 Cambria, & Indiana. BR<^ Earnings'— October— •Gross 'Net ! : ry. •Gross' Net f; Bond Investment Trust of Amerlca-^-Asset Value— /Net 1943 1944 $156,148 $80,919 59,058 1,319 93,868 44,160 58.974 58,665 1,165,507 1,282,221 railway——- .285,995 7. 442,558 633,564 income^— 589,305 488,978 $157,679 1,534,138 543,613 :■?. income— 1— Jan. ry. 'oper. •i . ;v '' 62,226 86,439 / from:-..railwayJ./i1 from; 1945 -• $154,031 oper. From t 1946. /'//■. railway— railway-'-— from -Net from vt V $126,460, No. of Securities1 Corp./--- El worthy & Co.———' v of the names Hornblower & Weeks—— '*[ $g.f> - v $63,045 . Shs, 5,500 Harris;-Hall & Co. (Inc.)—/ 5.500 Blyth & Co., Inc.--;———- 7 5,500; A. C. Allyn & Co., Inc.„— 4,500 Redemption— ~ ""•* -J ' UNDERWRITERSr-The -Union | Payments; will be subject to the conditions of "the British Defence % (Finance) regulations and to the Trading, with the Enemy Act, 1939,-rV. $62,536 surplus—/,--. - present.-~V. 164, ■< been have : .the, hujnber of shares of additional .purchased by each are as follows; also receive the present 2403, rand (retained-by the-holder^-.- to Arkansas-Missouri* 507,490 ■ will be made at the St., London, E.C/L, New York. N. Y,; Switzerland; or at Bangue de Paris et des "Pays-Bas, Geneva,-Switzerland. ; The coupon, maturing ,on April 1, 1947, should be detached from the called bonds iy 216.766 $504,210 v ' Preferred ' - 517,709 $568,098 510,260 ' i -:;■: ' c b011,-94O- 264,130 395,000 v —27,649 income 4.335.998 ' 3,785,608 on deductions "Total of STATEMENT •:••.•; $3,958,208 2,089.980 372,822 ■■ Oper;, maint. & gen. taxes 378,772 INCOME 1945 ' $2,156,284 884,394 . 4,858t700 6,000,000 „ to legal credit and 1943. v;; , Outstdg.- > that additional bonds provide subject SUMMARY .' •> • ' • $11,282,009 t 540,000 $3,475,000 3,475,000 2,525,000 • None - preferred stock, series C (par $25).. stock, ser. D, E, F & G (par $25) stocks (par $25)-^—- - $2,048,209 961,604 Authorized 1946-1955-^—— pfd. ■ .'bonds, series A, at the face value thereof. Payment office of JrHenry Schroder & Co., 125, Leadenhall England; or at the-Chemical Bank & Trust Co., i or at Credit Suisse, Zurich, Lausanne, or Geneva; , dispose of its electric properties in arrd and between Arcadia .and Old Mines, Mo,,' and business. Arkansas further requests the issu- of Arkansas. Arkansas The registration will statement covering 151,367 shares of then dissolve. Arkansas to proposes 1,562.762 - 480.902 477,112 —v. 164, p, which the \ values V.164", : (No. 6682) common: filed with stock (no par) the SEC Aug. ■ S.'Mitchell, / • the issuance The / for additional funds should arise;-; "the the company is strong enough to borrow sufficient terms for any credit money foreseeable requirements," he added.—V, standing of 1583. p. Associated Electric Co.—Loan to Subsidiary Approved The SEC Pn, Nov. 22 approved .the company's plan to loan* to its subsidiary, Manila Electric Co. (Manila), on open account, without time by the to war, addition to authorized up to an aggregate of $1,000,000 as Manila may require for property rehabilitation mdde necessary and for other corporate -purposes. "Such sums will be in the to of sum advance $2,500,000 which Associated Electric Co. was to Manila pursuant to a declaration heretofore filed by Associated Electric Co. with the Commission and permitted to become of effective the on Nov. 20 stockholders notified ; ; of a the sujt program..1 by one small stockholder to enjoin consummation still donment p. 2283. . i ...... was ." f.-*;*T '.V.V; y j'l .;"'• -r ykyy:r-"/■ • j v j Partial Redemption— " ' v ; " Jan. by properties order of of the Manila Philippine Islands.—V. 164. p. Commission are 2682. located dated on the March Island -Gross . > 30, 1945 Luzon. of 165,359 '5,389,605 2.424,546 1,904,517 * ' 1040 "7 /. "7 1945 / 1944 /■; 1943 ; railway7-_- -x$166.259 $125,579 $138,494 $89,226 *54.285 *106,314 *51,077 *95,738 *69,636 *99,546 *144,277 ♦109,504 1.266,505 1.115.822 Jan. 1— 1.169.941 •548.004 *468,308 *424,519 *1,017,931 *881,736 *801,321 . Ry.-—Earnings— , '// /V '/'' /:'/./l/: '■ 1946—Month—1945 1946—10 Mos.—1945 earnings";//:/— $26,638,759 $28,646,295 $265,326,603 $24,042,880 Period End. Oct. 31— Gross J outstanding first1 refunding and colloteral trust bonds, 41/4%'■. series A due March 1, 1960, 4J/4% 1939 series due March 1, 1960, and A% 1946 series due July 1, 1965, have been called for re¬ demption on- Jan. 2, 1947. Both issues of AV*% bonds will be redeemed at 1021/2 and interest and the 4% issue at 103 and interest at any branch in Canada of The Royal Bank of Canada.—V. 163, p. 307, from Canadian Pacific f")' of 212,794 -y^'y-y-yy Gross from railway—_ ? 1,419.327 Net from railway-—*622.206 Net rv. oper. income;;/ *1,130,610 •Deficit.—V. 164, p. 2404. - 1, British Columbia Power Corp., Ltd.—Calls Bonds— , $524,23,7 oper. Net from railwav—— Net ry. oper. income : From " All (943 /. $517,622 Canadian Pacific Lines In Vermont—Earnings- ■ 'i.' \ >; >."'1944: from rv. October—• & Paper Mills, Ltd.— has called for redemption on ' ' 1945 ,216.631:/•' 65.849 *67,140. // 128,361 : *102,282 $561,707 • • . 1947, $53,000 of first mortgage 4%■ bonds,^-series of 1945, at 102V*' and interest. / Payment will be made at the Bank of Mqntreal 1« v Montreal or i Toronto, Canada, or in St. Johnrs Newfoundland.—V. 163, p. 3128; ; V. 161, p. 2755.' 'L.V;-.'•'v;' v/ " corporation V •' ' -T946 railway—— 4,085,665 5,691,729 5,016,738 railway/—732,624: 2,082,979 ,1,805.439 income—*155,394 .1,050,988 1,023,856 ;; *Deficit.—V. 164, p".*2404. ' / r. * y.A»y:- 77. " -7 : .yy-'-.i • . , from Net the plan Bowater's Newfoundland Pulp • railway-/* $286,186 *316 Jan.;i~/.//i'/t7'/7:/*:7:7/v Net /'/ v:;,/:; ~ explained in a letter to stockholders that, although as advantageous to the stockholders." aban¬ thought advisable to avoid costly litigation.^—V.' 164, / ,v-,;/vV ,;! :/ considered <* , railway:—;- operr indome—; Gross that/ the. special sums time from from 'Net The management The Interest, such Net favorable on i64, of it at $10 a need company because • :v at this time of rights to share because of uncertainty of the market and because plans for expanded production have not developed as expected." •Gross \ * r .meeting.called for Dec. 6 to vote on a recapitalization plan has been V" canceled' and the plan Itself has been rescinded; This action was taken would gain little if anything purchase additional stock 4 _ Botany Worsted Mills—Plan JRescinded-^, 16 ; letter to stockholders, said:' a stockholders ;/ / October-- From " has been withdrawn. ;• , President, in directors believe through 2683. ' at $10 a share. "The p. Canadian Pacific Lines In Maine—Earnings— 7 with. $5,403,606 at- the close fo 1945. The resulting liquidating;/ per outstanding unit were $98.94 and $105.78, respectively.— compares The company had planned to offer 148,633 shares, of no par. common to present holders on the basis of one share for each two shares held All Kuhn, . may be issued in unlim¬ regulation and the restrictive provisions of- the indenture., tThere.are no.limitations on*the company's powef"to issue and sell, unsecured evidences of indebtedness other than the called for redemption on Jan. 1, 1947, for the retirement fund, £60,700 of -5% mortgage and- collateral trust income Artloom Cbrp.-'-Kegistration Statement Withdrawn^— from ■■ and utility .water, company serving water in or to communities and adjacent territory,, all;in the State The estimated population of the area^ served" is 486,050. ^-Earnings-— vvl; ( 1948 ; at'a "meeting on There to solicit proxies for. a special meeting, of its .stockholders at 'proposed transactions will be considered.—V. 164, p. 2826. • . ' stock If f Francisco, Co.,.. San construction work, and to restore • working extensions and improvements and to. defray portion of the cost of future additions, extensions and improvements the •Indentures Co., a corporation recently organized in Arkansas, which •com¬ y The trustees announce that the total portfolio based on market quowill assume the liabilities of "Arkansas and will issue its capital v tations on Nov." 16, 1946, plus other net assets and after allowance for' stock to the stockholders of Arkansas on a sh&re-for-share basis upon the distribution of $2.10 per unit of beneficial interest (which was paidthe surrender for cancellation of the outstanding shares of capitdl on Dec. 2 to holders of record Nov. 16) aggregated $6,836,896, which .' . Trust public and company's Bolivia Ry. Co.—Partial \ pany A. CoP^Stock Offered—An lin-' ' ^ ' , 518,631 Holders of. 40,000. outstanding shares p. Missouri around Arkansas further proposes to transfer its assets . " « < is:. a cities ited .Power < 874,842 518,993 cum. f '$ and $ East an that * 4Al!c v. former subsidiary of Middle 1944', the SEC required Arkansas 24, in properties it " Common 4.260,701 5,f84,214' 675,998; 5 is interest in East Missouri Power Co. Arkansas now requests a modifica¬ tion of the order of Jan. 24. 1944, bv deleting therefrom those pro¬ ice 779,588 applicable to stockholders of record Dec. 2. Holders will ■a cash adjustment equivalent to accrued dividends on i stocks and to the difference between the offering price . required to divest itself of its interest in Arkansas. Pursuant to such order, Middle West has dis¬ posed of its interest in Arkansas and Arkansas has disposed of its visions 959,761 430,503 '' -V American agents, Cum. 8,543,991 - Birmingham Electric Co.—Preferred Exchange Offer of $7 and $6 preferred stock tof the company may exchange their shares for shares of new 4.20 preferred stock on share-for-share basis.. The offer, authorized by $20,401 ;/•/// application with the SEC in which it an interest electric '•*/"'"J. vVV:-'." Serial 645,668 3,859.808 . income-.,— Jan. ■- J,/ ;/ $35,228 Corp.—To properties to its 939,956 : 36,043 "ist mtge. '3 '/4 9/r bonds, series C, due Now. 1, 1975 f 78,399 Piedmont, Mo., between Arcadia and Old Mines, Mo., and its ice properties and busir At the 3,171.121 1,329,306 Lake Erie; RR. 164, p. 2282. (shares -By order .dated-Jan. of. 2,345,819 Co.; New Balance . Delaware'corporation itself a of 2403. p " oper.. j •: 9,848 " 19,624 Power Company—" divest .ness. ry. directors its 2-533,965; 2,718,345 , of .204,936 10,368,713 8.108,004 /Gross from railway 13.354.992 Net from railway—_—3,676.330 Net ry. oper. income— 3,703,661 1,506 12,837 50,634 I; yyyyy: - '' 25,849 Arkansas-Missouri Power s $147,974 % /; 2,365 / a 164," from-railway railway —,-iV From • 1326. transfer 7,177,471 income- October— Net $37,921 350 /';/ to 73,637 72,536 ;.V; ' income Arkansas, 6,963 / .415,603 47,256 — The company has filed 1943 $197,158 capital usedJ'or. additions, ' ' from 57,410 ' to New ' 134,216 PURPOSE"—Cempany intends to use the net- proceeds to repay-bank loans in the amount of $500,000 obtained to defray, in part, the costs $1,065,296 *556,490 242,651 129,064 • railway——, oper. Net 547,974 /•/./883 notes 164, p. West v'. Gross 120,499 1944 $324,627 y 61,193 , the State/ot .California.. 1944 < 1,438,306 taxes. to / 137,890 Federal normal income and surtax- poses rv. 148,238 l—" Bessemer & . $643,306 income/ on $559,410 railway-— \ •Deficit,-4V. —V. Total Net 1945 $1,706,428 expenses income Interest -V. Net " >VS CORPORATION) i ■ 684,863 1 profit from Net • > . 1946 1944 $865,366 income_v>, Jan. from Gross warrant;1/ 10.000 / » 570,050 Income—_ of California. sold by the prin¬ $909,666 sold--. Selling, general, & admin, Gross , YORK " Cross sales less discts., returns,, etc. of rate 10,000 units /;;•'/■, STATEMENT OF INCOME (NEW , the at of lots 1945 $578,188 railway— ry. operv From to underwriter at 5 cents per warrant share,- common stock purchase warrants entitling the holders thereof to purchase at $1 per share at any time on or before Nov. 1/ 1951; an aggregate of. 50,000 from Net the principal •shares for 1945 $262,990 * * 1943 1946 / Gross from railway trade sell ' ■ ... COMPANY—ComRanys was/ incorporated, in California, Dec. 2b, 1926; . Beaumont Sour Lake & Western Ry.—Earnings— October—• ; •Net agreed withdrawn. CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING * „ York. i . Cleveland,'/6.—Files^with ^/written/'// / York the under 1927 "x been York. Registrar, Bank of America National Trust Savings Association, San Francisco, and Guaranty Trust Co.,. New 31 1932 to in New New r 5,000 shares common Manufacturing" Co. acquisition its * has -Earnings- Iv •90,880 railway-—- " Transfer & 26; filed; a, lettep of; notification jvith/ thu SEC stock (no par) to be offered to stockholders and 295 shares of ($100 par) preferred, 4,750 shares (no par) common and $50,000 10-year 5% debenture notes, all to be offered to the public. Prices, $5 per common share to stockholders; $10 per com; mon share to public, $100 per preferred share and debentures at face, Proceeds will be used to increase working capital. Issues; not under; the in ? . V J y } ••• - ;;r. - 1946 * income-— oper. Loeb .& The company on NQV. for development, manufacture- and sale of electric phonographs and radio-phonograph combinations. The AC-DC name ■ . Ansley name the at company was -1 ■ - was ' '!„ t.w . ( ... .. $2.50) (par . L" r, ' - from Company of organized in New York in business. conducted by Arthur C. Ansley acquire the radio York City under the The stockholders, as a < company . , : distributing the liquidating dividend in | the course in ;is or $249,272. 413,333 $0.60 ..Basic, Food Materials, Inc., : , COMPANY AND BUSINESS—Company was organized in New Jersey in August, 1946 and acquired as of Sept. 30, 1946 all of the property and assets pf Ansley Radio'Corp. (N; Y,) under a plan of reorgani¬ zation in. consideration of the assumption, of the liabilities of , the New York company, and 294,643 "shares of the. common stock and 13,700 shares of class B cumulative convertible preferred stock, The: New York-company has 1946—9 MoS.—1945 1946—3 Mos.—1945 $304,117; $92,795 $90,258 v 413,333 413,333- : -"413(;333' $0.22 $0.2.1 $0,73 charges, including taxes.—V. 164, p.-2539. *, >• % Sept. 30— Capital- shares outstdg— .Earnings per share ; *>-, ■•' ' /" f . California Water Service: Barber Asphalt Corp.—Earnings— Period End, * • derwriting group headed by Union Securities Corp. and Harris,' Hall; & Cp. (Inc;) oil Deci 4 offered to the publid 50>000 shares of- common stock (par $25) at $36.50 a share,* |The group was awarded the shares lat a competitive sale Dec. 3 on a bid of $34,319 a share. A competing bid, nam¬ ing a price of $33.65 a share, was submitted by Dean Witter & Co. ' ' ' il . „ and second, depending upon the circumstances at the time the proceeds are •'received, to reduce bank loans and to purchase woodworking machinery at an estimated cost of $20,000. The balance Will be added to the working capital of the company and will be used ^ v ^Deficit.—"V. 164, p. 2283. . stock common no-par stock common railway,—;4, $181,636 railway—2-tL •43,126 oper. Net ry. $50,000; to ry, hel'd. When the split is of of Fr.om Jan. l—• / -Gross from' railway—L- " 2,688,267-" additional shares for? eoah share split through issuance of two for-one ' : : . ■ completed, the company will have 451,812 shares as its sole outstanding capitalization; The "companjk also announced that earnings for tlje first* nine .months, of 1946 were in* excess of; $2.50 a share on the total number of- shares ; '.that will be outstanding after, the' nev? shapes are - issued-r-V. 1164; .p, 1326. s*" ' tThis amount may be in¬ portion of the common stock 5 - " ' ' - purchase, warrants. f; V frdm from 27 approved an increase inrthe authorized stock from 200,000 shares to 600,000 shares to effect a three; common . " J^•»%'»*•» .•* 1; 1589. p. October— The stockholders on Nov. .conversion of the ; issuance upon exercise upon for 335,646 ■ of shares Net 1.901.699 1,789.006 f-.'/;-• . (No. 6745) filed with the SEC Sept. 24 cumulative preferred stock (par $25) and Burlington-Rock Island RR. Sons Co.—Split-Up Voted— (Joseph) Bancroft & ,.. •>" * shares 10,000 164, Gross r'-'l'/vi/vV.i.v, Vv/v: 70,000 shs.,; :• 137,294 . . 13,700 shs. t384,643 shs. ./•/;■/ 50,000 50,000 warrants---- ..<•/ 50,000 stock common purchase ; 70,000 shs. 13,700 shs. 700,000 shs. par) cents 167,400 are reserved, for issuance •Of which preferred •• pfd, stock ($5 par); , pfd. stock ($5 par) i'; Common - FINANCING Authorized Outstanding: EFFECT TO PRESENT GIVING ' 1— Jan. from Gross the company. stock of subordinate any CAPITALIZATION oper. From unpaid dividends in prefer¬ accrued, and plus share per ' * ••V'. —V. 1943 railway--. Net died * y - $420,279 railway—— from Gross » registration statement 120,000 1944 $487,430 . $379,479 railway——3,341,142 "y 4,398,826 Net from railway—'——314,695 1,016,791 Net ry. oper. income—, 141,797 251,609 —V; 164, R.,2402. * • not less than 30 days' notice at $8 per share on or before Sept. and thereafter at prices decreasing 50 cents each 12 months to and incl. Sept. 1, 1950, and thereafter at $6 per .share, plus divi¬ dends in each case. The class A preferred, stock is entitled on liqui¬ $5 1945 $348,558 1, 1947, to ' 1946 v. ft*'**1' ■ The- Atlanta & West Point RR.—Earnings; company, Withdrawn— ty covering October-—/ 1 founder and President of this 164, p. 678.', 75, Pa., on Nov, 30.—V. V Burffqssi NortonMfgr: Co,—RegiMra,tj6n J Statementi ( upon dation '. .1:;*•<»" y shares ($10 par) common stock. Offering price, $10 a share.!; Underwriter, E.'H."Martin & Co. Proceeds will be used for'erection of', modern grey iron foundry; and foj; wprJUng. capital. j - at any time Budd, K".:■{•■•7':A.;I*/ if Germantown, - / Nov. 25 filed a letter of -notification with the SEC company on Edward. G'. at for 10,000 stock, is en-.- to N. Mex.—Files with SEC— querque, A of the holder thereof into two shares of oommon the benefits of a Sinking fund and is redeemable option (The) Budd Co.-r-Death of President$ Associated Manufacturing & Foundry Co. NSL.,, Albu-: preferred stock is entitled to receive cumula¬ of 30 cents per annum, is initially convertible at the share A dends. share of Class B Offered,—Public of¬ fering of 70,000 units of stock was made Dec. 4 by Amos Treat & Co. Each unit consists of one share ($5 par) class A cumulative convertible preferred stock and one share of (400 par) common-stock, priced at $7 per unit. • • -Calls Prior Preferred V called each shares 400 £ December 9, 1946 All of the outstanding shares of $5 prior preferred stock have been for redemption on ,Dec. 31, next, at $100 per share and divi¬ Payment will be made at' The Kentucky Trust Co. Louisville Ky.—V. 164, p. 1327v Nov. 26 filed a letter of notification with the SEC (no par) $5 preferred and (10c par) Class A ($10 par) Glass B-common. Price, $100 a unit • of preferred and one share of Class A common and 10cv' The company on . comftion and 100 shares of. magazine Ansley Radio Corp.—Stock Units Stock for Redemption— SEC— for Cforp»- \Brown-Forman Distillers Inc.—Files, with Contributors, Associated Magazine i W y /< Anderson, Clayton & Co., Inc.—Sells Debentures Pri¬ vately—The company has sold • privately, at par, to the Equitable Life Assurance Society of the -United States $25,000,000 2% % \sinking fund debentures due Oct. 1, 1971.* The proceeds of sale will be used for general cor¬ porate purposes.—V. 164, p. 1862. Each CHRONICLE\ZhMonday, THE COMMERCIAL & FINANCIAL I 2954 8,506,449 21,820,782 23,776,756 235,813,748 $4,815,977 Working expenses $4,869,539 $29,512,855 $15,536,431 the Net earnings 10 — days ending Nov. 30 Traffic .//;■. earni^^s —V. 164, p. 2827. —.—— ■■ ■'' ; ; *>■.. 1946 $7,610,000 1945 $7,952,000 /•//•/,■'"';■• ■>."* '•; ••:' awwtwWBaawnanwnii' irowwrttwaaai Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 164 Carnation Co., Milwaukee, Wis.—Extra Dividend— ; K-'f4 ;; Chemical Fund, Inc.—Sole Transfer Agent— „ directors have declared an extra dividend of $1 on the common stock, no par value, i payable Dec. 18 to holders: of record Dec. 11. An extra of like amount '■■♦•was disbursed on Dec. 17, last' year. T .< ■ -/•. .;-/• .1 The regular semi-annual: dividend of 50 cents per share on the common stock and the usual quarterly dividend of $1 per share on "the,4% -first; preferred stock, (par $100),. were also declared, both; payable Jan. 2, 1947 to holders of record Dec. 11, 1946.—V. 163, *• It announced was that the Dec. 4 per-share on ,I, Worth, Texas. Construction 1 • will shortly after the firsfc begin year. adding burners enlarging its yards by on " > Of the company's prime movers are either oil the. coal. strike has no effect on the movement of most as diesels, or ' , alsid plans to spend $125,000 or eight long tracks. seven Inasmuch The ICC Nov. on 19 authorized the to company respect of not exceeding $1,500,000 1%% serial certificates, to be issued by the Cbase National ment ' trust New 3129. as trustee, and sold at 100.071 and accrued with ihe' procurement of certain equipment. Yqrk, connection ./'The report .of,the ,■ ;/// The and certificates invitations Commission bid states: for offered were also" sent . . sale equip¬ Bank, dividends in Chicago St. Paul Minneapolis & Omaha Ry.- -Earnings Octobex*— Gross < .. through competitive to were Net bidding 123 to from ry. .Gross Net $2,654,540 $2,357,369 $2,590,461 462,593 523,653 719,509 955,912 railway 538,280 22,393,959 23,504,122 22,713,581 2,383,719 *187,737 from railway-,^.. from 435,897 22,704,099 6,027,509 5,390,036 6,976,90» 3,192,449 ,2,891,992, •4,229,375 442,430 -V " 1— Jan. railway__s_„, " Net ry. income_„ oper. «' 269,047 income— oper. "'"'r FrOm /it/-'. into this 1943 1944 1945 ,* ""1946 $2,544,058 # railway—.1 from Net firms, each bidder being stockholders on Dec. 4 approved the proposed merger with and required .to specify in multiples of V8th of. 1% per annum the rate company of its subsidiary, American Utilities Service Corp. /of dividends to be borne' by the certificates.' In response thereto four "The parent' company owns 81% ; of the common stock Of American bids, representing ,20 parties were received. The best bid, 100.071 and -J Utilities Service Corp. Each share of $20 par common of A. :U. S., per annum, was made »nob owned by Central will be converted into three shares oft$l par .',v accrued dividends based on a rate of 1%$ "by" Haisey, BtuartCo., lnc„ on behalf of itself and six associates, common of Central, and the '100,366 shares of A. U. S.. now'owned ; and ,has been accepted.; On-'thia basis*' the .average annual cost of the •will be canceled.—rV. ;164, p. 2539. > ' // /'/:!'v:/%The announced.—V. 164, p. 2405. passenger and freight trains, it was obligation assume and liability in , • , the The company ' •< Co.—Merger Approved— Fort of sole Ohio Ryr—Equip1. Trusts Authorized— Chesapeake & , Central Electric & Gas fbr Trust Co., New York, 1?. '**:,>■■*»* been appointed agent for common stock, $1 par value,—V. lOV-p. 2013.- The" Bankers transfer 2955 . . !/, ' . proceeds to the ^Deficit.—y.» 164, : p, 2405. applicant will be approximately ,1.74 7* .—V. 164, p. 2688. ■ £!;/;• Central of Georgia Ky.—Earnings— *', v | $2,795,569 308,661 $3,041,639 « , ; 1944 " $3,170,459 •' 1943 $3,215,205 673,200 845,211 1,217,154 /430,004 ,From Jan. 1— 'V':'//'//// y/ '~<?'ross frcm' railway-—^' 26,434,608 481,736', 487,573 564,395 v ' '/ 32,354,877 32,694,335 1,821,686 i, 6,893,711 9,424,008 " V 31,232,587 12,163,985 5,479,554 7,408,336 1 •Gross from V'V:- >V "v." ' October— v railway—* ' INet railway—*_*.' from "Net JNet . / ry. from railway****** oper ' 1945 income-.** :net ry. oper! income— , 1946'V' 878,417'' ,■ vV ' 4,273,083 . ''/ • . .. Chicago Burlington & Quincy RR.—Earnings— Ofctober— Gross 1045 1946 . Chicago Terre Haute & Southeastern Ryf—Definitive Bonds— . 1943 1944 ..Definitive v from railway- :r $17,788,434 $19,561,712 $22,114,299 $20,519,433 Net from railway 5,742,648 9,286,238 9,591,131 6,856,268 Net ry. oper. income.. V,. 2,833,926 1,942,587 , 2,424,008 2,606,582 From Jan. 1— bonds from . 11, bonds and first and refunding mortgage* ready for delivery in exchange for National Bank of the City of New- 1994, are The . at Chase available also are First The at National Bank of Chicago and definitive first and refunding mortgage i bonds the at Continental Illinois Chicago.—V. 163, p. 1154. - Equipment Trusts Authorized— Jan. bonds York, 11 Broad St., New York,, N. Y/ Definitive income mortgage bonds \„ . railway- ./ 164,007,723 209,082.045 199,460,762 178,815,683 Net from railway__— .w 48.596,752 78,143,217 82,559,926 85,942,705 Net ry. oper. income.. 23,331,205 26,082,796 22,525,153 35,077,674 —V. 164% p. 2283. Gross income mortgage due temporary Bank National W of Co, Trust & v v ■ " 1 \ The ICC. on Nov, 8 -authorized the company to assume obligation .'/// and liability in respect of not exceeding $2,300,000 series U equipment //-'•trust certificates to be issued by the Chemical Bank & Trust Co., as /• /,--Afusfceo, and sold at 99.87% of par and accrued dividends in connection , October— Net Net •;/ •* i paying agent for registrar and Net Gross Central Illinois Electric & Gas Co.—Stock Warrants— recently igiven the right to subscribe on or before 3 p.m. (CST) on Dec. 12, 1946, Jof 80,000 additional shares of common stock at $15 per share on the basis of one new share for each five shares held. Transferable wan^t2ilits W6r6 lssuccllf *, ^ v\ ' /H*vyc ^ f',r 11 1 vl 1'-*r■ It The City National Bank & Trust Do. of Chicago and the Guaranty •Trust Co. of New York have been appointed as agents for the comThe stockholders "of common record Nov. 1946, 20, :Net 25,501,437 28,775,224 8,837,596 26,837,631 6,516,234 *299,350 2,301,327 2,570,446 3,313,239 from ry. $2,398,702 $2,561,795 $2,699,706 544,754 791,978 1,122,929 170,682 256,680. 76.67% 24,597,786* 22,113,373 25,258,020 2,755,706 6,624,034 2,162,169 ( ' •Total Obtobef— ; • 1946 Net 1945 ,* v 1943 $1,171,160 452,156". 502,762 ' 318,187 345,178 1944 from ry. oper. income... 93,559 18,399 26,381 federal income taxes— 94,597 214,163 360,871 72,100 85,960 231,901 $69,919 $578,615 $265,784 $154,489 - ' BALANCE' " .r" SHEET, SEPT. 30, 1946 . - - LIABILITIES—Taxes * payable * profits ■excess taxes), $592,748; and > (Federal accrued; property other and * Dividend : ; ; a V. and $102,599; par 60 cents per of each : •*1/ ^ 4 1 ■ \ Carl J. Austrian and Net $2(1, payable Dec. 21 to holders of record Net < 4 ' - 0 ■ the Court. / also stated plan to Rejected :thi& a year chased ;y\ vS/V. on Nov. . ■■'•'/■ 15 that they have considered, and proposal to dismiss the pending proceedings made earlier the Young, Kirby and Otis & Co. group Who had pur¬ by common stock of Central States Electric Corp. from Harrison They state that they rejected this proposal, which among matters contemplated payment in full of the principal and "Williams. -other .; -?. -i » interest the claims of debenture holders, the ground on that the ^proposal had no legal basis under the Bankruptcy Act, that it was jreither . of practicable nor fair and equitable to security-holders and in afford a suitable, basis, for, concluding the jpen'ding proceedings.)a'With"-respect to recent proposals to dismiss^ sgeneral, that did not it separately by the 7% preferred stockholders' committee and by Kirby and .Otis & Co. group, the trustees state they intend •to' Oppose such proposals when and as they are presented to the Court, •on grounds similar to those which occasioned their rejection Of the •earlier proposal to dismiss, made by the Young group.—V., 164, p. 2540. ' itnade ' -dhe Young, Western Carolina Ey CharlestdH 1946 Orosa from railway-^.- ."•: $315,919 3^et from railway_^__A 38,479 5Tet ry. oper. incomes.. ; 21,062 i'--; October-^ From Jan. 1— , railway^/-. 17et from railway—— <3r6ss from .'/•'■■■ '• /' 3,103,095 , oper. '-'rij"' ^ T 'W "V ■* V. 1>"», ■ •f'-V"' 4; •.=•'• •'■••' $312,165 37,066 24,822 $360,922 1943 $314,449 109,965 89,587 43,351 /. 29,139 3,855,564 5,453,336' 1,370,862 700,767 295,852 ; 638,552 " 3,619,656* 1,383,820 637,371 holders are creditors are debenture that all other interest where except otherwise 164, p. 2540. on Dec. 31, next, £31,400 of London current on-the'date of presentation on of the called /-,■•/•• 164, p. 2013. The corporation on Nov. 26 announced that the Detroit factory prices of its Plymouth; Dodge, De Soto and Chrysler cars are f,/ being adjusted in conformance with current costs. These adjustments will vary by body types and will range from an increase of $8 on the lowest priced Plymouth 4-door sedan to $104 on the more expensive retail Chrysler New Yorker 4-door sedan.—V. 164, .1,840,431 2,246,635' $21,490,657 6,133,612 9,465,929 3,088,414 5,409,515 2540. p. r r .. $20,055,676 $20,422,821 Cincinnati New Orleans & Texas Pacific Ry.—Earns.-1— ' October— . /! / / Net Jan. from from Net ry. —V. 1946 1945 $2,421,665 723,856 1944 " 1943 $3,293,775 $3,124,410 1,259,846 1,427,779 237,699 411,808 539,307 24,572,828 ' 28,734,223 5,793,241 9,745,455 3,131,062 3,603,779 32,043,637 30,302,166 •12,798,766 14,347,949 4,135,725 5,173,285 899,513 ' income— ry.: oper. Net / $2,849,620 -. Gross from railway Net from railway- From income—2,184,765 ry. oper. Net ry. 1— Jan. 842,305 2,047,163 456,481 ■ •;' * 1— railway railway income—* oper. 164, p. 2284. //' Cincinnati Union 5,050,944 ^ and of certain of > The-certificates states;Vvv/':V-VV/>7A <V;//V\ - were ^ offered for sale through to 179 ■' rV.://: bidding competitive bankers, bond houses; and companies, the bidders being required to indicate whether the bids: were submitted oii the basis of a 10 or 15-year trust and to name the rate of dividends to be borne by the certificates in mul¬ 1 Va ot 1%-.per- annum.. In response thereto three bids repre¬ 29 parties were received. The best bid, 100.30 and accrued based on.a 10-year trust and a rate of 2% per annum, made by The First Boston Corp. and Harris, Hall & Co., Inc., October— Gross Net Net ry. oper. Net ry. •^V. 164, - '/M /'■'/' / Chicago Eock Island & Pacific Ry»—Earnings-^— ' from From Gross oper. from • 1944 v .1943 — . income. ,4,*:$ v The oper. '5,058,179 6,195,13f 5,361,502 1,531,657 2,334,808 1,410,851 2,404,774 railway- railway—,*. oper. 256,654 . ' ' -10,996,814 5,260,325 3,681,678 4,301,218 income : ' • - on the Dec. ott Dec. common 11., This • /.-:/- •';";';/.'/ 11,939,677 6,287,003 5 declared (no brings an par) total extra payable dividends , 10,662,843 5,544,106 „ 5,170,529 '/•; 4,422,652 ■••:/-,■' /-■ stock $984,016 433,756 325,233 497,876 11,271,622 4,502,705 " 610,219 •■ ;/. . Dividend— dividend of $2.25 pe* Dec. 23 to holders of in 1946 to $4.25 per as compared with $2 in 1945. ■'■/''/ ■ Previously this year the company made the following payments on common stock; Feb. 15 and May 15, 25 cents each; Aug. 15, share, the 50 cents quarterly and 50 extra/ and Nov. 15 a quarterly of //;/:-/.•. ///.a! '/;,:/// .:// •'••/•"' /. --r '.•,.' ■/■'.: cents 50 cents.—V.,.164, p. 1866. income. „ 30,138,008 ... .— 158,518,361 147,301,254 60,888,574 62,456,217 63,567,806 23,011,921 -24,083,454;. 34,772,854 132,533,327 165,579,068 ; 5 Colorado Fuel & Iron Corp.—New Vice-President— / 13,689,421 Carl A. F- Plans to Spend $375,000 at Fort Worth, Tex.— Farringtort; chief executive officer of the Rock IslefncI tines, a $250,000 freight house and office building haA announced plans for W. Meyers, President, on Nov. 29 announced the Pueblo, Colo., as Vice President in charge of Franz of election of operations of Buffalo, N. Y., who has resigned, Mi*. Ffanz wa& appointed Works Manager of tjxe Colorado Divisipn last March. In his new position he will have complete charge of III operations of the corporation.—V. 164, p. 2541,I to John D. 570,052 - $1,199,696 //////•:•'/■ /,/■.•///•: -■••/••' p,'2405./ directors share I 2,880,861 income*** 1943 1944 ' . 323,187 1— Jan. from 1945 $13,402,617 $15,347,125 $16,219,457 $14,174,323 railways from-railway-*..., Net ry. 1946 ; -.1945 $916,897 // Colgate-Palmolive-Peet Co.—$2.25 Extra record October— 1946 , Gress' from railway***. Net from railway******, dividends, associates, and has been accepted. On these bases the average annual cost of the proceeds to the applicant will he .approximately 1.94% V-V,: 164,'p. 2405. V;,-/V••:/.'/VV/ ; / ■ ' railway $1,293,580 railway**:.**- ' '•; 591,424 /■ :From Jan.- i*«. senting 12 ' ' from from tiples of Net Redemption Feb. on Clinchfield RR.—Earnings— insurance ; Co.—Partial redemption 2991. p. equipmex4t.v;.\'1-//;///,!/:;///'V .V;//':v;' a/V/1" ■'/;• the "Commission and invitations for bids" were mailed and for on report The was Terminal called fund liability procurement .. has 1, 1947, out of monies,- $41,000 of first mortgage 3%% bonds» Series E, due Feb.- 1, 1969, at lit and interest, and $107,000 of first mort¬ gage 2%% bonds, Series G, due Aug. 1, 1974 at 102Va and interest. Payment will be^ made at the office of J. P. Morgan & Co., Incorpo¬ rated, sinking fund trustee, 23 Wall St., New York, N. Y.—V. 163, company sinking Nov^ 19 authorized the company-to assume obligation in respect of not exceeding $10,140,000 2% equipment trust certificates, to be issue! by the Northern Trust Co., as trustee, and sold at 100.30 and accrued dividends in connection; with the ICC -The - The : , ' 133,895,940 143,210,027-139,418,163 136,517,886 19,484,457 34,840,973 41,882,894 52,057,890. ; 7,887,870 17,993,654 19,797,972 32,748,252 income oper. 4 _ Equipment Trust Certificates Authorized—' Net ry. • - "'-134,597 income^^^ ; / *91,183* ♦Deficit.—V. 164, p. 2283. 27et ry. 1944 and 6% ChrysIef Corp., Detroit, Mich.—Prices Adjusted— / 1—' Gross from railway! Net from railway Net -Eamings- 1945 * 2,998,546, interest; with Banque de Paris et des Pays-Bas, Paris, France, in each case at debentures,—V. 164, p. 2405. Gross 1 * 319'47, for the general mortgage 1946 1945 1944 1943 Gross from railway $15,482,411 $15,279,200 $14,816,913 $14,862,628 Net from railway—, 3,431,030 /8.240 4,538,646/ 5,885,122 /.' Net Robert 6. Butcher, trustees of this corporation, The -trustees income/—- Jan. 6% full, in the buying rate of each of the above-mentioned paying agents for sight : • 5,159,833. with paid , «ciaims asserted by Ridge Corp." They further state that when these claims have been -disposed of or have progressed sufficiently to permit of some treatment Tn a plan, they intend to proceed promptly with the presentation of 1 ■sd at- the October— and to all parties inter- ! proceedings, said that 'Jit is not now pracr* of reorganization in light of the pending American Cities Power & Light Corp. and Blue [•' first- and full be 46 William New York, N. Y., or in florins at the office of Nederlandsche Maatsehappij N.V., Amsterdam, Holland, or in Swiss francs at office of Credit Suisse, Zurich, Switzerland, or in French francs Gross tical to proceed with any plan C $61,000. of term bank a sterling income the Chicago & North Western Ry.—Earnings— , ; fund, the provision in the plan for Handel : Jan. preferred, and existing common. of Street, 166,041,311 193,995,291-189;il8;i93 186,288,099 from railway...— 21,603,239 42,697,503 56,028,989 75,945,986 ry. "oper. income— 9,627,947 23,749,869- 27,050,097 47,082,542 —V. Jn, their Second Report to all security-holders . Mass., • on mean existing shares ./dollars at the office of J. Henry Schroder Banking Corp., due 1972^' redemption would debentures at 101 and interest. Payment Will be sterling at the office of J. Henry Schroder & Co., 145 Leadenhall Sti-eet, London, E.C.3, Egnland, and at the option of the bearer In from railway.—' Gross nested in the. reorganization " sinking M Bonds for of This interest, which is necessary to provide funds plan for the chain. ;-••" • - // There have been called for redemption 5% Chicago Milwaukee St. Paul & Pacific RR.—Earnings ' ' " ' 1946 " 1945 ": ' V 1944 v -1 1943 Net-ry. oper. Central States Electric Corp.—Plan Held Up— ■ 1946. 20 approved, also provides that all as in to share each present common stock¬ rehabilitation a plan, paid common. made in 134, p. 2828. From ^ the called Net from railway share par been October-—' share held, the company paid dividends of $1.25 ^each on Jan. 21 and April 21, 1946, and on April 21, July 21 and Oct. 21, 1945. On Jan. 22, 1945/ a quarterly of $1 and an extra of 525 cents were paid.—V. 164, p, 1205, $100 2,851,642 " , 45 Milk Street, Boston, trustee, Co., Gross from railway...., $19,764,326 prior to the split-up On the basis of five $20 par shares in exchange Jor ' capital stock, dividend , be 3% at the new each for common new receive stockholders that the of for preferred and Chilean Nitrate & Iodine Sales Corp. (Corporacion de Ventas de salitre y Yodo de Chile)—Partial Redemption 18, $61,000 of Series of account Xec. 5. It is announced that this disbursement is made in lieu of the payment normally made in January. This compares with 35 cents jxaid on Oct. 25 and an initial of 25 cents and an extra of 20 cents «n July 21, 1946. fj < the *on - a Trust of Dec. have From 29 declared i bonds, series M, 3VZ%, due Sept. 1, 1972, at 109 and interest. Payment will be made at the Old Colony Trust Co., trustee, Boston, Mass.— Increased— The directors on Nov. Colony noon Calls There ' , ' The exchange Insurance Co. of Hartford, Conn., $1,590,000; deferred rental income, $14,098; reserve for contingencies, $125,000; net worth <k>t 292,815 shares (incl. capital stock assessments of $234,252), $6,4)09,552; surplus, $378,107; total, $8,814,919. - *429,507 164, p. 2405. income taxes, of outstanding be 486,706. present stock provided by law or agreement.-—V. 10,865,688 4,077,453 9,862,446 V 11,428,665 2,843,695 3,832,553 1,587,252 2,302,152 9,221,250: 977,691 exceed 104%-and interest to Dec. 20, Jdutual Life \ 75,399 the common common new shares likewise 1946, receive bids for the sale to it of first and general mortgage bonds, series J 3Vfe%, due Dec.. 1, .1968, to aft amount suificient. to exhaust, the sum of $7,634, at prices not to : ,/ accounts payable, $2,815; trust, deed note payable to the Connecticut > !;/;■ Old will until ASSETS—Cash, $170,192; accounts Receivable (rental), $110,665; accounts receivable (taxes), $64,500; Treasury tax notes (at cost, plus ^accrued interest),' $621,239; other U. S. Govt, obligations (at cost, jplus accrued interest), $601,896; cash surrender value of life insur¬ ance policies, $108,879; Biltmore Hotel property (after reserve' for .depreciation of. $6,174,235), $7,082,498 deferred charges (insurance, <rust deed note expenses, and lease commission), $55,051; total, $8,3814,919. " of complete to Central Maine Eower Co.—Tenders Sought— The Net income - ■ from •Deficit.—"V. ' • 149,810 72,734 railway V railway Net ry. oper. income— 254,396 72,298 263,958 V Net from 624,165 Deprec. and amort • — railway. : ■ $849,7331 $1,118,628 $1,243,211 A From Jan. 1— Gross $1,474,132 $468,720 .•Expense interest railway^— Net 1946—9 Mos.—1944 $1,440,609 243,547 " 220,211 59,199 76,053 1946-^-3 Mos.—1945 from Gross • /; $433,144 to . , stock common that new The Court also approved ' 2405 shares •seven Chicago Indianapolis & Louisville Ry.—Earnings— Central Investment Corp.—Financial Statement— Period End; Sept. 30— income •, 10 9,804,567 3,208,337 2,633,745 of held of the holders should receive 23.33% 25,041,268 7,653,816 206,965 shares of Court V;/. The -loan of $2,000,000 164, p. 2828. connection with the warrant offer.—V. number 394,324 1—- p. Plan— :, Federal Judge Edward A. Conger in New York City on Nov. 29 ap¬ proved the trustee's amended plan of l-eorganization for this company, ./The Court found that the stockholders' equity in the enterprise has a .value of approximately $9,930,000; that the reorganized company's capitalization should be restricted to common stock, and that tho 1943 '' • 613,525 oper. 1 '--v. 164, ac¬ The Court held that the plan "is in all respects fair and feasible and in the interest of the respective security holders; and that all other 1 .plans submitted to the Court are either unfeasible or unfair, or both." $2,531,427 - railway______ income—, 1947,'fbr 1, v ' Ipany in V 164, p. 2405. railway_4/_', Mai-ch on Childs Co., New York—Court Approves 10,195,965 income—427,531 Jan. from Net were 211,924 : redemption for Vt % •<: 1,259,152 railway— railway—v oper. From , - 895,804 151,333 .j called fund, $403,000 of first and refunding mortgage sinking fund bonds, Series D, due Sept. 1, 1962, at 100 and in¬ terest. Payment will be made at the Bankers Trust Co., trustee;" 16 Wall St.-, New York, N. Y.—V. 163, p. 3130. • /, \ :\ V / •, •• 4 20,500,302 income—. from from Net ry. ^ railwayi2__ railway--/,. oper. 945,510 211,302 . has company count of the Sinking - $2,818,171 $2,860,544 ', 179,248 - . '/Gross $2,300,000 2 Vn% /. i^quipment trust certificates, series tr, maturing serially from Oct. I> 11947 tO OCt. 1, 1956.—V. 164, p. 2404. trustee, ry. $2,252,575 . 112,084 . 1—•> The 1943 1944 1945 ' Chicago Great Western Ry. —Earnings— //}••; October-n 1946 '■V 1945 '•/"-ri944 / : N. Y., has been Chemical Bank & Trust, Do. of. New York, The ^appointed Jan. ""Deficit,—V. . ■2.157*, .' income!.^*,. oper. from ■•••Net .certificates. .' 1948 • - froxh Gross bankers, the biddera being ^required to specify-in multiples of 1%, per annum the rate of dividends > to be borne by. the. In response thereto three bids representing 13 parties *tvere received. The best bid, 98.87* and divs. based on a'rate of 2'/«% ;per annum, was made by the Pinion National Bank of Atlanta, and "Jive associates, and has been accepted. On this basis the average /annual cost of the proceeds to the applicant will be approximately «md . ry. From /:/;/ Veth of "' " •v.Gross from railway,^,, $2,355,911 Net from railway___>:-« /•:, 314,857 / •with the procurement of certain equipment. >' p-Jfs The - report of the Commission states; /•,*■// ■//y./ - '/./ ////y The certificates were offered for sale through competitive bidding r<r'iand invitations to bid were also sent to 370 investment houses, brokers, • Chicago & Western Indiana RR.—Partial Redemption . Chicago & Eastern Illinois RR. r succeed- Robert T. Dunlap ; 2956— T ♦ xajww ^ lYi-iiistOi) (Vt u:A.ti;»MAvUi$ .^\lAUy;i!iiHM;r>;t. MMT1 THE COMMERCIAL & - FINANCIAL CHRONICLE r"*.a a*w .t i,^> ,i l'^, '),. \f UV'A V f. > 1HF ^Afc'jjrwaiwxrrjR.v.-- e ,>«*-T •,-.^«j»wr;« Octcber-rr-, Gross Net from 'railway—* " iron* railway**—*. Net ry. oper. From from ry. 19*4r,,„* ■< 1943 \ $152,249 ,r $148,594 36,471 63,189 • 21,715 16,549 3,322 ,, railway**** railway. 3,111,258 1,273,404 349,620 *' 408,953 1,412,530 499,046 193,660 296,922 '• -., , , ' 211,541/'" ' 2284. ivri *o.r:j oA. p. v V * income oper. —V. 164, >5;' M>*>; :.y ,iM $122,706 51,039 Cosden Petroleum Corp.—To Sell Bonds Privat£ty~ The compariy has arrahged the sale privately -of $1,250,,- . 22,435 , r >i ' ■ ! \ J'.1 V "! i. '• 's' >■ .,1,470,550 556,905 ', ■ BotH,X^#s$e$ on ••; The directors share of Stock// /- declared have present common and preferred stocks, to ..holders , of ?record Dec,- > I6,:.lp46.- .This " is ? 1047 -^quiy^ient to $1 per-share -on. the stocky, outstanding prior ..to, (the 2-for-l split-up *ih "September,; ,l9'46/ Thq new shares ' received, an; fejcttk' of 50 bents "qn;lDe'ci. 1/vvhich; 'brought the 'total 'paid/in 1946 on the5 olti stock outstanding ,•(without giving' effect to* the split-lip) to $5.5Q, Vri, the .2, preferred and $4.50 to /new preferred and stock ,!>- had •; been i outstanding * «•.. . - all/yeari—V. T64/(p. 2541. " T^" i-* " ii / ■ - j j'.'*";..1, . -1 ,/i. 3"'October'.-^..' Gross, from Net from Net ry. .. , ' Jan. 4— 1946 ,, s 25,000. shares There shares among - *12,238 . . . 7V' 1943?: , 258,259 -48,569 j i >AT00,159 The 1,1-74,821 v:.'. bond, extension stockholders who Cuban ;are } ' :/~n r>"~' 164/p. 2284- based of 48,466 'j'*'"/ " . ' ~'Vl /* Cuban the is of reported -The ... ■ sought by the firm and proxies stocks. the over also Dissolution Plan-Jan.-15— wilbhoiii' heatings Jah;"l5 SEC The which contemplates the arid stock their -liquidating dividends provided therein. . , the transactions as > (1) company's on proposed '11,1 plan \ exchange; for in or /.V ■ y proposed as. d:i1'' ,h ,.7-( ' are.";;sumpiarized Power outstanding Electric stocks common Such Co. of .interests such include companies all (a) and 19461 " Vi "V. (2) - ' v.- *' !•:* > .• d , cents the stock made were Vv, 100% record Fe/ -.p.. 1,. 1947.—V., JL.63,,3282. :' Dallas ised capitalization of 15,000,000 shares of- common stock (paf, $5) proposes to -issue and deliver to Commonwealth .10,000,000 of: ,suqh Shares-including the 200 shares issued in ,connection with the organr ization of Southern, and not more than $25,000,000 of debentures or Serial notes,' having a final maturity not later than 15 years after the date thereof, v-:?/"" ■- :'-a; :'"V ' V.'v;'1'" (3) Southern proposes to register as a holding company, under the Act prior to or concurrently with its acquisition Of Commonwealth's interests iri the above-stated southern subsidiary companies.-. ! (4) Southern further proposes to issue and sell, to the public for the ' ,Aie- 1946 $420,242' : « 7"-' : dividend / .'// (Texas), Railway with SEC- r; 175,228 income,i'_' .-' Jf'55,799 1— ,/../7 77/ •/ determined .in supplemental dividend beforA the' proceedings T9 Pay $3 Dividend—r " its subsidiary companies as^may outstanding • be share made.- was -v/. -a/ •- 7; served for adjusted the . 15.08%.—V. 164, p. 2829. or on The for company 15,109 scription Used for to on shares Nov. ($1 present filed 26 par) stockholders working additional stock, at $2.50 capital.;—V. a 163, From. Jan. Gross a' '7 , t Net y,>!'v7 ry. company tricity on (electricity id'. with decrease for the corresponding of 4.1%',—V. 164, p. 2829. Consumers Power / The National the for week of last, year, r;7 Co.—Registrar Appointed— Bank City York has been 164, p. 2688. of New See stock. common : V. / / 7 ' Tire Rubber & The registration covering 60,000 withdrawn Was .the (No. 6608) & ry. College of St. filed with the SEC July 17 preferred stock (par $25) ' /> .-7 7 Dow Chemical Co.—Trustee - , A 7 . Net Net from Cornell-Dubilier Electric Corp.—Expansion— v ry. purchased the eight-story Bradley three floors of which It had leased during production of these specialized condensers. making the announcement, Octave Blake, President, stated that in In current Worcester, for the demand for capacitors of all types was several in 1941, largely because of the many new applications that have found, especially in the field of electronics. The company, world's largest manufacturer of capacitors, together with its wholly owned subsidiary, Condenser Carp, of America, also than operates plants in Providence; New Bedford, Mass., and ,South Plainfield, N. J., as well as a laboratory in Brookline, Mass.—V. 164, p. 2689. t Corp.—Registrar Appointed- of the Manhattan Company, New York, N. Y., has been ap¬ pointed registrar for $1 dividend cumulative preferred stock, series A. —V. 164, p. 2829. -I. oca I 4,819,355 "ino r art a- 11,106,516 2,271,330 1 ■' 1, 1947, $50,000 rif ($25,000 maturing :"7vT/'-;V/:;,/;/?/7, Appointed— ' a/ New York, N. Y./has ; ; : ' ; been named 7/ > to reasons it is not always companies in exact alphabetical they are always as near alphabetical possible* \ " 7- arrange position ; as , , ? Duluth Missabe 6 Iron Range Ry.— Earnings— October-rt-7 •;/;' 7/; from railway.!!. L ,' t'>'//. Net V rt loE'non from From Jan. . 1944 Y.. $5,378,972. ! 1943 Net ry. • *189,670 2285. p. / p. 2689. . ' . , 367,783 ry. 65,922,008 18,425,074 Gross 68,435,608 4,763,120 7- Net ry. ;7: "8,186,188 , 777':: : 1945 /'//'Y.' 1944 / ' Net / 7 1943 from Net from ry. p. 12,092,307 3,391,260 2406. 7 , *1,152,459 income*— income— .'v/'. , 164, p. 2407.: '7 15,908 137,705 ;■ 3,476,440 / 3,539,813 3,613,878 3,678,830 680,227 815,599 1,212,723 575,821 965,041 2407/ p. . ' '/ ; 1946 from railway**_* railway****** Jah. . • $266,200 Ry.—Earnings— 1945 / 1944 $225,500 , 45,464 income— oper. $177,300 41,677 "9,707 7 railway—, railway income— trustees on of account on 1,276 "29,701 84,573 2,250,200 2,654,200 714,501 2,274,600 446,489 2,184,000 183,695 /; "272,987 9'014 216,931 270,992 / -:A 546,311 ,/ 638,541 the .;The Detroit Stock tional shares of $1 Nov. 21 declared accumulation on a dividend of approved common for listing 309,918 stock. • , •,. Eastern New proved— addi¬ . The plan 1, 1 October— Gross Net v from from railway railway— Net ry. oper. Jan. Gross from Net from Net ry. income— l— railway*— railway———4 oper. income— —V/ 164, p. 2829. 1946 57,707 37,650 ' * $87,932 16,979 23,552 22 086 * 172,308 1943 $101,847 6,587 1,128,370 312,008 1944 ' $95,159 831,903 ' , 114,743 / / , 14,031 .15,931 840,351 828,488 111,939 125,584 44,065 35,315 35,911 - - Power . Corp.—Merger Plan Ap¬ 7 : and value shares of $8,000,000 to International Hydro-Electric System. These be given to Hydro in exchange for the stocks of Hudson System Properties, and in s$ftlemept of the intercompany- would River, and debt which each company owes Hydro. Eastern New York Power then would Eastern 1945 $153,201 York 1946, amounted to •/", .7 7 for feorganizatlon and companies which Ry.—Earnings— share per been • Mackinac cents merger of Hudson River Power Corp. System. Properties, Inc., into Eastern New York Power Corp. has approved by the New York PS Commission. The plan calls for Eastern to issue 320,000 capital shares- with a par The company has advised the Exchange that of this amount, 214,250 shares will be issuable Jan. 2, 1947 to the holders of the common stock now outstanding, on the basis of one additional share for each share now held. The remaining 95,668 shares will be issuable on the same date to the holders of the $5 par value common stock of Ex¬ truded Metals, Inc. on the basis of two new shares for each one now ' outstanding, in accordance-with the plan of merger agreement.—V. 164. p. 2829. Detroit & 75 the Arrearages on the 6% preferrd stock at Oct. $37.50 per share.—V. 164, p. 2829. f,• 7. Co.—Ljsting—Stock Distribu¬ J'"-/": : Exchange has par value 666,653 usual ., tion—Merger—... 1943 $308,700 128,328 6% cumulative preferred stock, quarterly dividend of $1.12(4 per share on the 4(4% prior preference stock, both payable Jan. ,1, 1947 to holders of record Dec. 14, out of earned surplus accumulated after Dec. 31, 1944. Like amounts were paid in each quarter during 1946. : 2,377,101 '/.v/-,/; 7../ 7-v'';->/:7: '.:/■•/ :/;:y/' Detroit Gasket & Mfg. 5,960 - /. 1— from from and 583,012 56,998 \:.d ' ../• < 465,437 ry. The *29,940 762,529 167,080 Eastern Gas & Fuel Associates—Dividends Declared— •■/ 2,835,775 1943 $424,039 87,026 46,431 -„' 7777.'. •/■ railway***! Net ry. oper. <!55,764 103,078 1944 $376,507 <22,036 from $123,139 84,560 / /.y,,.''7/7 2,893,355 .7 2,763,085 505,718 7 645,869 618,437 820,477 railway** 22,p93:376 8,245,570 281,252 Net 14,682,625 $297,638 ' 148,904 154,363 .- railway—** Net $5,530,685 11,799,167 '7:, 1—? October-r- 18,959,087 $381,563 131,097 railway*/** 7 sDeficit—V. 11,313,296 oper...income*** 7, from Gross 58,653,893 7 income.** Jan. From 7 37,443,549 20,872,422 45,973 * 78,301 Duluth Winnipeg & Pacific 1,167,605 7 : 1—1 oper. 38,143,541 $343,513 $432,445 ; 7:;' ^Deficit.—V. 164, ■ 6,837,007 railway—** from Net ry. "7:77 " railway—' $387,308 railway****** 7 > 123,791 Jan. * 11,032,664 , railway oper. From $5,172,801' >$6,207,973 $6,523,561 $5,816,599 1,388,168 .2,167,667 :7 2,447,649'7 2,071,564 income*** from from Net 21,724,548 9,392,380 income*—. oper. 1,779,472 Duluth South Shore & Atlantic Ry.~ ^7 ;/'/'/■ 7/-; 1946 7-7' / 1945 7/7 1946 $5,754,12Q 3,801,096 1,802,157 7; 1,447,139 October—■ from From 3,220,267 $6,838,173 2,013,726 879,228 184, '7'" 1943 $5,245,622 3,209,409 /:!.•••; income— oper. 1944 $4,908,727 froriiTailway/./.i, 7 29,895,995 ,737,314,270 fforilTrailway^ .14,155,869 ' 20,175,402 —V. ■:/ $6,761,439 764,583 256,112 1— > 1945 $4,806,211 2,860,974 1,982,524 , Gross Net 1945 railway— Npt ry. oper. * income.*. yr&yiifxd Weste^ RR.^-Earnihgs— 1946 Gross 12,485,889 '7,391,062 7(8,345,984 900,319/: 1,012,78277 1,271,589 '7";'-' .77.••'7 railwa^—*'* 42,962,184! 64,294,763 56,163,418 From Corroon & Reynolds Bank 1,-1941 order.} < However, jf-i >' >\ times greatef been on' Jan. NOTE—For mechanical possible y > ; ?9,105,578 7 42,600,466 /. 40.632,901 A am f '&*>£■ 836,550 railway**** oper. Net .77/'/ %■ action was for cash. /Earlier in-the ye&r'the company war ■ , It" is announced that this corporation has purchased from'the U. S. Navy all of the machinery and. equipment the company used in it's Worcester, Mass., plant for the wartime production of the tiny condensers required for the highly secret proximity 'fuze. The tiransi' the aan 3,444,296/ railway**!*— from . registration Building --/y*" Denver & Salt Lake Ry.—Earnings—1 //' // ; o„Vt ; ' ' 1946 ' '/• '/ 1945 1944 i-""7/71943 • ... ! et railway.*!*** from Net statement (No, 6685) filed with the SEC Aug,1,19 covering 115,000 shares of common stock (par $1) was withdrawn Nov.29.—V. 164, p.. 1080. • • . The 7. trustee, paying agent and registrar for $30,000,000 principal amount of 15-year 2.35% debentures due' Nov. 1, 1961. (See offering in V. 164, p. 2407.)—V. 164, p. 2543.1 intefest. ■ Bank Farmers Trust October— Co.—Registration State¬ , ;/' The'City Gross '/i., v- Thomas -../V'/V/. '/vV;/•//• 7: v/>/./// 7 7'; ungs— 57,023,573 61,444,393 8.174,473- 12,912,321 income—!Y - 3;416,819 3,979,829 oper. Net Engineering and 105 .U railway— from Gross shares of 4%% cumulative 29.—V. 164, p. 418. Steel ' railway* from Gross Copco *~i'J 1,446,382 "Deficit.—V. 164, Statement 7-- ap¬ 1947 and $25,000 due July 1, 1948) at 100 and interest. Pay¬ ment, .will be made, at;! the American National Bank & Trust Co., trustee, 33 No. La Salle St., Chicago, 111.—V. 161, p. 2555. .,>/;/, income.-* From'Jan. .1— 7 A ' 1, July Net Nov; ment Withdrawn— / . incomea-i1^ oper; Net / offering and asso¬ stock at $7 per '//'/,;///'/'//7;/./7'/r//: 1— from Gross ' statement ' nr. 5,667/634 Jan. Net appointed, registrar Co.—Registration Withdrawn— "J railway from Gross 7./ Cooper »1 »».... 36,665,585 October—i -.7 a . ■ .//""Deficit.—V; 164, Dec. kwh. at- / Denver & Rio Grande Western RR—Earnings— 4, announced that System output of elec¬ generated and purchased) for the week ended common ) There have been called for redemption first .mortgage serial bonds dated July Gross 1, 1946, amounting to 197,500,000 kwh., compared with 190,300,000 kwh. for the corresponding week of 1945, an increase of 3.87/ Local distribution of electricity amounted to 181,400,000 kwh., compared 189,200,000 bonds ^ Hudson railway^-— oper. Net ry. Dec. with from ry. Net Consolidated Edison Co. of New York, Inc.—Output— The 't> Delaware Lackawanna & Gross ^7 15-year October—'1:•:/, 7;//;; 7',,;' 1946 Grcss from railway—;$6,650,377 From . Public — Aquinas and Do¬ minican Fathers, Province of St. Albert the Great—To Redeem $50,000 of Bonds— redemption on*Jan. 1, 1947, all"of the 5% railway-___'_i oper. Net 7. B ; , the Dominican the ."Deficit.—V; 164, p: 2285. to be offered for sub-1 share. Proceeds will be , , use 7 the proceeds from the sale of these" shares expansion of " its: present' business, including the acquisition of facilities - and equipment for restaurant, coffee'shop and catering operations at airports in cities not presently covered by the' company and which cities the management considers important for future air for Co.—Registers registration statement 1— from Net" from -i 649. ; on , SEC— 7/ 7: p. Class par '» 7/ The: company/Will October-/ / /./ /.. /• i 1946' .//,/ 1945 / '.1944 1943 from railway-.—. '"$4,52^403 $3,637,233" $4,379,238 $4,160,257 from railway-.wi—W s ' 1,083,322*2,514,082 1,107,513 ' 808,577 Net ry„ oper< income_^.> .: r 821,657 v* 1,472,603/:./ 794,736. : 1,246,361 letter of notification with the SEC a common 5c p. 12689, Emanuel, Deetjen & Co. ciates of 75,000 shares ($1 par) 7 share. " 1 Aug. :,7- made Dec. 6 was r Net Conlon Corp., Chicago—Files with Offered—^-7 Gross to increase of 35,763,843 Stock Dobbs Houses, Inc.-*-Stock. Offered / Net show general business conditions of territory^ 28, 1946, amounted to 272,924,369, ns 237,160,526 for the corresponding week in 1945, an with compared ]/ 29,563 ' ,cpmpa,ny;)SalSQ- has. outstanding 150,000 shares f J ended Nov. week 54,968 3,385:468/ 3,597,"6003,465,235 1,508,141 1,788,57$ 1,795,045 444,348/ ; .7 580,177 / 630,552 Stock./ '7'-V//"/A "7: ■. 7, piaV'.""! *' " / Ray T. Haas isiSecret^fyrTlreasurer.—V, 164. 7 par). 5% called for mortgage be made at Delaware ^Vu-':-5 -.Weekly Output Shows Increase—' 'VTlie weekly, kwh. output. joX/ electric;, energy of subsidiaries of - this; corporation first . will was . per .135,216 ,, , Wilmington Trust Co., trustee, 10th and Market Sts/, .Wilmington, Del,, iat. any'time on or after Dec; 317*1946: (Jan. l, 1947 being a legal holiday).—V. 159, p. 348. .Cv-'i .Vw i|- share per i' 5,702 1943 $310,733 ,157,886. -'/l> ./_"'l . niPv f-' n7 a 1944 $330,931 63,876" . Payment Commission.j-; ... preferred stock of $3 the on '« v -.-7 1 . As of Nov. 26, this corporation, with officer, at 231 South La Salle St,, Chicago, offered direct 50,000 shares ($1, par) preferential .and participating dividend ClasS A stock at' $2.5os per share net td ' the corporation. Proceeds will be used for working capital and expansion. stocks DelawareJPioor Products, Inc.—Calls 5% Bonds— /•, //The corporation has declared rby the directors on Nov, 26 subject, however, to an order of the Securi¬ ties and Exchange Commission. The payment is proposed to be made 28 days after the date of the Commission's-order to-.the holders! of preferred stock at the close of business on the 14th day after the date of such order. Distributions of $3 each were also made on July 4 and Oct. ll».last, as compared with $1.75 on April .11 and $1.25 on Jan. "2, .1946. : In- each quarter during ,1045, a distribution of $1.25 A i ;,;Disticraft, Die., Chicago—Preferred was participating preferred stock. supplied by ariieridmept." Proceeds wilt be 3,84,3, shares ,of 7% preferred'stock and for purchase of new equipment and, for construction as part of its modernization .and expansion program.—'V:/J63, p. as'will produce net cash proceeds to Southern, after-the pay¬ ment of underwriting discounts or commissions, in the amount of $13,500,000. "Southern proposes to invest the proceeds from such sale of such of 194b :J ry. opeK income—/ /: 376,262 ?i/v. 164, p.5 2285. com- / /»'//>, ; Terminal filed Company oh Nov. 27 SEC for 40,000 sha.res f$2$ Names of rinderiwriters' to/be, applied to the redemption., of b§st price obtainable, such dumber of additional shares of its common stocks K ' 'iojk '.I .n::.: The stock the common I"'- $244,557 railway___*_v_ " id 195,214 -i"v each 7 - 7-1 • . '"r H>.»y In exchange therefore, Southern Company, which has an author¬ - last... 1, ..189,782 July 1/ 1946, /.(.travel /growth;777■•"// 7--'7,;v.---- /. V:;.-■■,-i..". the company on Feb. 1 and May 1, paid regular quarterly cash divi-7 :The Manufacturers Trust Co., New York, N. Y, has been dends of 37% cents per share. .'V, - " ' :7/7 A, 7 pointed registrar for the common stock.—V. 164, p. 1868. The usual quarterly dividend of 87 V5» cents per share on the pre;ferred stock was also declared, payable Feb. 15, 1947 to holders of qualifying shares of South Carolina Power Co., (b) options to purchase such directors' ^qualifying shares, and (c) demand notes of Savannah River Electric Co. payable in the amount of $1,450,034 as af Sept. 30, Nov. / Prior to the payment of the directors' 12 except of • "'A Net Dividend of 40 Cents— * ' Regular quarterly distributions of 20 companies: Alabama Power Co., Georgia Power Co., Mississippi Power Co., South Carolina Power Co. and Co., River ''j,> -.')<•> J / :Qross from railway-il/v/8,496,343 "Net from railway_/___ 1,402,373 directors have declared an extra dividend of 40 cents, per share orir the coriimori stock, payable Dec. 315 to holders of record Dec. 20. proposes southern subsidiary Gulf Savannah "A;:.;;-,/1 i 292,204 n« m'- i :i railWay___^ •' From Jan. The ,to transfer .to The Southern Company $3;000,000 in cash and all of Commonwealth's interests in the following Commonwealth ."V."- ■ ■ from Net-Ty, dpfer: ,C..V/A'^AI Cuneo Press, Inc.—Extra y>'>.d . •,* -7 -. npt.nhpr. 1.*, October—, -Cubarn-Mining Co.—Transfer Agent— v //.The City Bank/Farnifeirs Tfust 'Cpl,, New Yprk,'; N. Y./has been apTbinted' transfer agent/for. thC ^apitaf'.s^ck.^/jV IdyP: dissolution of Commonwealth among the holders of its preferred and statement. ,of follows: as assets its of stock'as common stocks ;;?• A> liquidation the distribution 15,918 I'-'C-f I943: $145,483 ; 263,671 , railway^ GrosS' from, Nef creation preferred - been . $738,593 70,535 "7ci' - 1944 $543,046 ' 255,10.6.;:-)' • * 1915 411,425 V > - stock.— "sub¬ a Opposition preferred and .after, all accumulations on the> participating-, .and ■ihad .been paid.—-V. -164, p. glgl? ;; a.; vv'-, '.7 - common, 7 $1,000,777 -« Jan. from •: of priorto would vilue - Detroit & Toledo Shore Line. RR-T-Earnings Mendoza representing common . and of position, of bondholders and proposed A 11 •• dey^loped sujbpdrt the stock would receive cumulativedividends - of $5 , per dividends on the, preferred and' • common stocks. It participate to the extent of 30% in any common dividends new . jshare have to the preferred dominant class of stock havirig preference new a firm amount" on i.mon jsH$res; Commonwealth & Southern Corp. (Del.)—Hearings, on ° - ..r plan recently par 8,163,259 /.7,120,Q72 ,.7,527,8,7.5.., ,,7,S4Q,830 Net frmrii-raiMayLiiiLL'" -2,649,686' '2,394/481'- > 2/910,580 4,593,512 iW.pt/xy,.;:pper. ..ipcomqr^:;%(l,474,267,' 1,278,869 /1,706,691' 2,090,326 ! 0 r," )*4-Vl,)-164i-';pP.2407. ii> -v'M kM-i -.--'-''Vj, !» f: -i"',v-,;.-. - being represented ■ ""Deficit.—V.' From and' Salazar,. members of the > Havana; Stock Exchange who have re¬ quested that American stockholders opposed'to the proposals deposit proxies with Jacques^Coe. & Co.," their New York'correspondents. 107,766 ' . v $l 1946' from, rail way ...Gross voted in favor of 'the proposed proposed of stockholders Cuban stantial i,375,605: ; "'201,600 from.railway ad- of the the group a of from .fJet, ry.,,opqr. Jncqme^^> .their ■■ i;396,626 .Ii-.'" 1,403;177 Net frdm Railway—>■:'> ' 158,292 Net ry'/'opef. ;ihcome/!*if;:"' ,»; 23,571 Gross 23,793 - i $159,151 /t $129,802 ,'i .43,882 V/' 14,884 19,173 ' 23,092 , 70,230 'Net against the plan 2V2% of the outstanding common preferred shares. 17.4% Opposition. to '- 1 f 1944, 0;$1.94,237 i *433 ■■ outstanding, of 40.7 voted was and Americano stockholders,... A r./ f 1945 : •»• $146,426 . / income— oper. From • railway*!— railway—*!** /-/u' • 7 ; ' . railway__j._ "October— Gross the 640,000 shares preferred - stock of thri , Columbus & Greenyille Ry,—Earnings }v ft i participating stock for each old debenture. Holders of 413,413 shares of common sfock of or equal to $2.75r ori the the hew common stock If the1 present on 17 Co.—-Special Meeting Again Adjourned— adjourned special stockholders' meetiri'g ,'hMri'Oh Nov^.'27 'outstanding, or" 64.4%,- a'nef.11CK194- ishafes the1 Common, ori to $2.25 > jowped sine dierwhen the; necessary jtwo-thirds majority vote-iWas not secured in favqrr.of thei proposed: boiwf; extension plani d: -. ui.j Under the plan:the;6%.:'gold debentures, maturing? Jan.: 1, -1949, iwould' have .been-, exchanged, for 5% ,"debentures,;, plus six- shares >Of ' of r50 cents per payable Jan. dividend quarterly a • . Detroit Toledo & Ironton RR.—Earnings— • Cuba The Lniqlvy■ the on cd'rtraiisfer'-agent fur! W; 164,^-'2829.' //'.;t , r• v /Columbia Baking Co.—TO'Distribute 50 Cehts ■ Qu&t- texij;. -'kpi)diht«tt"as , '218,595 ' V'y - J. Bank- of 'the Manhattan Company/New 7trirk,'has mortgage sinking fund 3%%- bonds, due Dec. 1, 1956 to Penn Mutual Life Insurance Co., Phila¬ delphia, at par. Proceeds together with treasury funds, will be used to retire $1,381,705 first convertible" 5s at maturity Jan. 1, 1947:—V. 164, p. 2689. 59,812 ." '-7 'f Detroit Steel Corp.—Transfer Agent—1.,,-. 0.00 I0fyear first 1— Gross-irom Net 1945 . $143,360 income*** Jan. Net 'Ry^ilarrlinis—-•/' 1946 |>>i #ituuoV » -- Colorado & Wyoming iI-.j>VauK -MondayDecember 9, * 1946 bonds, will and will sell off at 'matufity Paper Co. 5% bonjis Properties. second to on the New the two be . the bonds and preferred will be used to 1, next, the $12,861,000 International have been assumed by Hudson River 7 !' . V new Jan. which , sold . to International Paper were stipulated as in the original merger and reorganization ap¬ changed to preferred stock at the insistence ot mortgage bonds plication, itself competitive bidding $9,861,000 first mortgage, at par for cash $3,000,000 preferred stock to pay securities Into at International Paper Co, Proceeds from sale of The merge it acquires, offer but were York Commission.—V, 164, p. 2690. (Volume J164 TWHi C'UMM.&KCl/iL a Number 4549 COMMERCIAL & FINANCIAL CHRONICLE Volume 164 •.,' Number 4549 ,fr» X—,ij I 2'* ur - * *■ **''"'•■'•'!V 5JLH12Lf2i^jL V--y ■ L".:).* •*■-** TM'T.Tnf' ^ Ebasco Services crixv\^ivxwi-iAi - Inc.—Weekly Ihbut—^^ years 1942 to 1945,, inclusive, a substautiah business consisted of the h;anuft'ctt»re for the ' the week ended; Nov;. 284 1946, For , Ebascp Services Inc., which are subsidiaries of American Power & Light Co.,; Electric Power & Light Corp. and of former National Power "& Light Co.; as compared with the corresponding week during 1945 were as follows, in thousands of kilowatt-hours:" of companies ating . 'charges the System Inputs of - clieht oper- , YYYY'':","'V'v •'—increase— 1945 YYY Amt.v' "•*/ % 173,183 " ~ 21,971 12.7 > ' 45,825 ' 4,958 10.8 Lfe. Co.._ ,102,659 96,325 V 6,334 1. 6.6 hot include tjie System inputs of any com¬ both periods.—V. 164, p. 2830. - '".Y /t/'i'/Y'C V' '1 YYY// 1946 ' & Light Co,-^"v 195,154 Light Corp.„^_V1' 50,783 f Operating Subsidiaries of— ; American Power •Electric Power & Former National Pwr. •f'The & above' figures panies not appearing in "i ft'J r:,; I r); i'-V 1944 1 u ... however, ■ ■ $2,004,527 sales™.;..—4,( f7,020,424 r. 6,417,734 / Y'•Y.„;-Y.y 'YV YY, CAPITALIZATION 4,786,234., ; 4,055,390 Civilian . r'..v'Y ■; 'v ,. ".' Outstanding Authorized stock, 6% cum. (par $100)—, l.OOO.shs. Second pfd. stock, 6% cum. (par $100) i t.OQO shs. Common stock (par $1) :—1;000,000 shs.. '-^V. 164, p. 555.- v?,.. 7Y' ,v ,5 First pfd. ; J ■ w: 1943 $941,117 $3,372,117 $1,090,2 19 sales-—™ Government • 1946 ? 1945 .Gross from railway__iL $12,855,985 $10,513,970 Net from railway. L_" ' 2,994,075 ^5,103,245 rY --IA October— time, same : Erie RR.—Earnings— tJ. S. Army Air Forces parachutes and fliers' protective armor. • At the the company's civilian sales increased substan¬ tially. The net dollar amounts of sales under goyernirient;J contracts as Compared with civilian sales were as follows: ' : - 1 r . '* 1945 1944 1943 • 1942... of "man-carrying ^v:x'^1,YX Y4;• Yi'Y'Yt^'4'CxC f do ... . , RECENT" DEVELOPMENTS—During the iPWtfcjn of .tlaet, company's 1"" EFFECT O# WAfe 'AnE> "things' explains the objects of the" proposed Recapitalization plan as being t0Y*w, I \ ''fr \ . t . V. ' YH. Reduce' by $165,032;40 Oer year the preferred dividend senior to the common stock. , , ; - . , v ! ' M;-' '/Y' .j .;"2, Eliminate a potential, dilution Of the common stock by. retiring -the present preferred stock with' its right to convert into 1,650324 shares of common stock (equal"to over 33M»% of the present out¬ standing common stock). \ .C,, "3. Eliminate preferred- dividend arrears Of: $740,000 through ' the delivery of American General common stock out of The Equity Corp. portfolio, with a corresponding conservation of cash."—V. 164, p. 2690. 1,000 shs. 1,000 shs. " . 660,000 shs. $13,573,029 $14,287,578 •/ ■' :3,995,580 . " 1,623,362 Net ry. oper. income trust series A 15: 2,129,461 ;;v 942,475 Y 1,470,104 580,007 Yj'x. Fiduciary Management, Inc.—Rights to Stockholders— for redemption on, Y. From ;Jan. 1—Y vY-:YYYY/' " Y.Y Y:. Jan. 2, : Jackson Martlndell, President, on Nov. 29 announced that an aggre¬ 194t,_ at 103 and interest.—V. 158, p. 887.. ' , j ., -<//;v.yYY Gross irom railway.^! 105,383,215 119,711,652 133,108,575 132,391,964 * gate of $2,602,260 of common stock of this corporation is. b^lng ' '. i».' f "■ •;...,jY/ \ J *" • '-v. Net from railway..,-^; 13,982,449, 20,995,323 42,040,893 47,852,576 offered to stockhblders. ; The financing consists of rights to subscribe Ekco Products Co;—New Official Appointed— , •;*, Net ry. pper." lncomeA^- - 3,569,922 12,810,348 16,708,637 15,912,696 to 867,420 additional shares of common stock, pat value 25c per share, Deficit.—V. 164, p. 2408.,. Y\ f ' ■ ,Y" / ■ Y ; ' ' at the rate of four additional shares for every share of common stock ; Don Long, merchandiser for this company, has been promoted to Assistant to the, President, it is announced by Lee B. Thomas, Presi¬ held of record on Nov. 25, 1946. , The rights are transferable and dent. Mr, Long will work on the development of new products in his expire at 3 p.m. (EST) Jan. 25. 1947. The offering is not to be Eversharp, Inc.-r-Broadens Research Activity— l "; •new assignment.—V. 164, p. 2830. ' YYV; X;;,-'vVX ■■■„ underwritten. ■ -';,YyhxYu.V< XuYY AxiY' „ Y A broad program of research, engineering and new products devel¬ After this financing, the capital set-up will consist of 21,270 opment involving an expenditure of approximately $1,000,000 has been Electric Bond & Share Co.—Court Decision Expected Shares of 4% cumulative preferred stock, par value $100 per snare launched by this corporation, it was announced on Dec. 3 by Dr. H. issued and outstanding, with 30,000 shares authorized; and unauthor¬ Y! Judge Vinc'ent L. Leibell of the Federal Court for the Southern* -'Hugh Willis, Vice President. Several new products are already going ized 1,620,000 shares of common stock, par value 25c per share, of New York District, soon will hand down his decision on the plan through tests and some are scheduled for marketing next year, it was which 253,580 shares were outstanding prior to this offering. . for recapitalization of the company. - ■ > Y/YY/v said.—V. 164, p. 2830. ■ ■ - * * ' 1 - , The purpose of this offering Mr, Martindell said, is to increase the ,/ The decision will be issued within the next week. Hearings on the capital of the corporation to $5,000,000, in order to expand its opera-* application for enforcement of the plan were closed late in October;' tions in the field of; development and reorganization .financing.; The after its approval, by the SEC.—V. 164, p. 2152. Ewa Plantation Co.—Omits Dividend— corporation is primarily engaged in the organizing and financing of Y-YY'A. G. Budge, President, in a letter to stockholders, stated that as a new business enterprises and the reorganizing, refinanc-ng and purElgin Joliet & Eastern Ky.—Earnings— ~ t result of the recently concluded 79-day strike no dividend will be paid chase of existing enterprises. Buffalo Foundry & Machine Co., Bui 10: in the fourth quarter of this year and none is expected1 to be declared October-* - •-*.*, < ' 1946 ► 1945 1944.'. ' 1943 vak Northwest Co., The Sumet Corp, and Fiscal Counsel, Inc., are 1 i ' j ' Gross from railway—i; $2,744,784 $1,969,228 $2,965,008 $2,930,457 5 in 1947. subsidiaries of the corporation, in addition to W^'ch tne company Net from railway-,, 924,674 383,204 Y Y 667,261 991,825 •,YY; The company on March 15/June 14 and Sept. 16,: last, paid regular Y, operates an export and import business, an automobile;agency under., quarterly dividends of 30 cents each, and in 1945 a total of $1.60 per Net ry, oper, income—' 359,071 * 128,159 300,067 216,377 the name of Fine Cars, Inc., and Woodland Farms, IuC., a 20,000 share was disbursed. * . _ ...... From Jan. 1— ' * The company's loss in sugar forithe crop years l946,i i947 and 1948 * acre ranch in California.—V. 164, p. X869..-yt* .■' Gross from, railway 21,555,989 26,818,593 28,818,115 27,283,923 is conservatively estimated by plantation managers at more than X"<•!■' "Yy;Y';x ' . Y Y Yv* "/■>-' 1 " Net from railway— 4,123,801 6,157,889 -7,164,002 7,684,712 50,000 tons, Budge advises, and there will. be a further* loss due to the ,; 50 Broad Street Buildlllg, N. Y. n Net ry, oper. income— 893,974 2,380,203 2,733,052 1,680,967 strike for 1949 and 1950, ; which cannot be estimated at present.— . Qn Dec J2 1946j.. at 10:30 a.m.; the Supreme Court of the State of V. 157, p. 864. New York will hold a hearing on'an application' of Clarence Horwitz, New President— r as trustee, for instructions regarding the proposed contract for the sale T. D. Beven, Vice President, has been elected President, effective of the premises at 50 Broad St., New York City,1 for $1,000,000 all cash, Dec. 1, 1946, to succeed T. E. Bond, who has retired after over 38 Fairchild Engine & Airplane Corp.—Omits Dividend— subject to the usual real estate brokerage commissions. At that time, years of continuous service with the railroad. Mr. Bond has been Presi¬ the Court will receive other bids for the property, including bids on J. Carlton Ward, Jr., President, announces that the directors on dent since May 1, 1941.—V, 164, p. 2286. terms providing for payment of 25% Nov. 27 took no action with respect to dividends on the outstanding of the purchase price in cash; the balance being represented by a five-year purchase money mortgage common stock. Common dividends of 20 cents per share were paid in Elgin National Watch Co.—Declares Extra Dividend— payable at a constant rate of 6 % of which 4% shall be applicable to December of 1943, 1944 and 1945. interest *. ■(\*'*• y."y,-vY'l•.-»"'.Y'1 v*' •j?<: ■ ■■ ^ •* ' i*-..* The directors on Nov. 20 declared the regular Quarterly dividend of Mr. Ward indicated that earnings of the corporation for 1946 are The high bidder must be prepared to deposit with the trustee a cer¬ ; 15; cents per share; payable Dec,, 23; 1946„ and an extra dividend of expected to compare favorably with those for 1945, the absence of tified check for $25,000 before the close of business on Dec. 12, 1946. •..•. 50 cents per share, payable Jan. <2, 1947, both to stockholders of record dividend action Reflecting the consideration: given by the directors to The property is on a plot containing approximately. ,14,250 square Dec. 7, 1946. * u.Y .X /r> "Y the conservation of cash for postwar operations. He stated that <' ■ ,Y. X; ; ' „;Y,vO'/,;•/ feet, and is located on the west side of Broad Street, approximately :: In March of this year, the company declared a dividend of 25 cents unfilled orders at Oct. 31, 1946, amounted to slightly more than midway between Exchange Place and Beaver Street, • and extending per share on the 400,000 shares then outstanding, an amount equal ; $60,000,000. While the bulk of the' unfilled production orders con¬ through to New Street. The improvement consists of<a 20-story and to 12 'At cents per share on the 800,000 shares which became outstanjisists of Army contracts for C-82 Packet cargo planes, a substantial basement fireproof; store and office building which is equipped with Y Ing in April. The current declarations make three additional dividend Y volume of experimental , and development orders for all X divisions is eight electric elevators. It contains 158,524 square feet of ,rentable area; payments of 15 cents each on the 800,000 shares which with the 50- . "also included in the total:;- \ ' .. was fully rented at a rental of $275,000. The cent extra brings the total declared for the year to $1.07 Vi. - -4 ., As of Oct.- 27, 1946, it ,r, ...... . , Operations of: the corporation Include' the development and manufac A total of $2 was paid on the old shares in 1945.—V. 164, p. 147.-; ture of military and naval aircraft at the Fairchild Aircraft division, .» emergency rental under the Business Rents Law is excess Economic Investment Trust, Ltd.—Bonds Called , ^ the $1,000,000 outstanding first collateral year 4% bonds due May 1, 1958, have been, called All of (' , '1 . . * . , . . ■ - ■ . • 5 , . , . " Y* City—Court Sale— „ - , , , , • . _ . The common stockholders have been - a $20 tnon certificates par the to St. requested to present their feoin- Louis Union • Co., transfer, Trust 323 North Broadway^ St. Louis, Mo., and receive-in exchange for each such share temporary certificates for two shares of new no ; par common. " - hew^Mnftn^fc certifiY X Telnporary certificates will be exchanged fax^ catesjn about nine months.--^, 164, p. 2690. ; ;^ " t , , • , , • power' agent, gineering and'technical . ^ :•;••• gating $76,637 expire in Aprils 1948; all the rest expire in April, 1947, except for a few small tenants who have remained as statutory tenants 2286.^7;i^T^ assessedjfalue' of ^.property.;*for^he.Yym T948/47 is- Land Y'-'*7/100,000,;■ Building:$550,000,,Total. $1,650^000.,.Qn'-Nov,,,4^,1946, 'Horace development and production.—V." 164, p; s. * Engineers Public Service Co.—SEC Disapproves Pro- of $15,494 in the foregoing. • - : * r v^^ As of Oct. 28, 1946, the United States Army vacated: the entire second floor, for which they were paying a rental of $13,087.50 per annum at the rate of $1.50 per square foot. This space will be held available until Y the hearing in order that the purchaser may make, his own decision as ;to what shall be done with it. Of the. remaining $262,000, leases .aggre- - aircraft-at v the: * Personal 7 Tlahes * division, aircraft plant! at the Ranger Aircraft Engines " division, molded plastic-bonded prodiictV at* the'Duramold division, and pilotless aircraft for" the Navy "at the Pilotless Plane division. Following the award of prime - Contracts- for the" Army Ait Forces, theYnew NEPA division of the corporation has ; been ;formed :to develop the use of atomic energy forYthe propulsion "of aircraft.'' A subsidiary, Al-Fin Corp., and an affiliate; Stratos Corp.V are engaged in- other important ert- personal Ely it Walker Pry Goods Co.—Exchange of Shares— appraised the'premises as having is allocated to the land. i ;;; Ely & Co. a value'of $1,300,000, of which $650,000 Frocks,Jtnc.—Common Stock Offered—Ai> of¬ Leon Leighton, 527 Fifth Avenue, New York City, is attorney for the trustee. . fering of 120,000 shares ($1 par) commoh stock was referred Stockholders Unfair—Approves Part of Plan—^• made Dec. 3 by Van Alstyne, Noel & Go. The stock was The Securities and Exchange Commission Dec. Florida East Coast Ry.—Earnings— 4 disapproved the priced to the public at $9 a share. The offering does not 1943 1944 1945 1946 proposed plan of dissolution and liquidation of the company as a< YOctober— ,/• constitute new financing by the corporation but is a sale $2,121,288 whole." $2,002,166 ;:;r: YxV-yi; W.. $1,991,861 $2,063,479 Gross from.- railway-—457,165 s >.» 914,066 However, It approved that" part of the plan calling .for the disposi¬ of currently outstanding stock owned at present by cer¬ 430.572 Y450,195 Y Net" from railway—. \ 296,798 ) ';7 757,896 tion by Engineers of its holdings of Gulf States Utility Co. and El'. 286,278 210,707 Net ry. oper. income.YY tain members of the Meyers family, owners of all. out¬ Fashion - ?osed Dissolution Plan As Whole—Holds Treatment of , - - ' • - , . , ; ■ Paso Electric • Co.' securities. standing common If within a period of 30 days Engineers files a plan amended in conformity with this opinion, we shall enter an order approving the amended plan and apply, to an • Appropriate. District Court for approval and enforcement of the plan,'.' :: the Commission said', , • " ■ - • • Engineers public service's plan had called for: . .Disposal of common stock of Gulf States by offering warrants to its common stockholders; ' Y Distribution of the common stock* of EI Paso1 Electric Co. "as a shall "We not enter order at this time. any HISTORY . dividend; Retirement its of j > own J * 1 . outstanding $5, $5.50 Setting up of a ;« . and. $6. preferreds r * at $100 a share and accrued dividends; , • at . trusteeship to hold Engineers 99.8% common stock Electric & Power Co. and, at the end of the products are distributed under from Gross predecessors have its from Net engaged in the manufacture and sale of women's ready-to-wear apparel and related items-: for a period of approximately 40: years. It'was incorporated in Ohio in 1911 as The Princess Garment Co. and its name was changed to Fashion Frocks, Inc., in 1942. Company Is owned and controlled by-members of the Meyers family, all of the stock being owned beneficially by Mitchell Meyers, the founder of the business, and his children, their wives -and their children. >■,<-( 7 The company is engaged primarily in the manufacture and distri¬ bution at retail of misses' and women's medium-priced dresses, junior misses' dresses and sportswear and children's play-clothes. Such - liquidating and BUSINESS—Company, <:(■' From Jan. been .... „ AND stock in the company. Net rv. 1— 21,570,477 4,572,924 railway.... i/v railway— 2,107,751 income— oper. Florida Power & Light Y ITie company of the 1979, sinking at Hanover p. 24,997.887-: 26.663,211) 8.807,170 11,029 364 27,354,773 14,201,508 4,091,030 Y 5,182,833 8,472,088 ; 164, p. -2408..;. —V. the trade-names "Fashion Frocks"/; ', " 100 y2 Bank 285?. Co.—Partial Redemption— redemption on Jan. 2, 1947, for account of 4'/«% sinking fund debentures due and interest. Payment will be made at the Central & Trust Co., 70 Broadway, ; New York, N. Y.—V. 163, has called for fund, $210,000 ' " : ' 1 ' \ Frocks." In addition, the company purchases from Foremost Dairies, Inc.—Institutions other manufacturers and resells men's and boys' sport clothes and Y trusteeship; to distribute its remaining assets to its common stock-* *A voluntary reduction In the interest rate by institutional holders raincoats, shirts and socks and women's lingerie and similar articles. of serial debenture bonds was announced on Nov. 25 by Paul E. The Commission" stated that treatment of the preferred stock- * Company also from time to time purchases materials and furnishes Reiuhold, President. • „ ^ A holders is unfair. It maintained they should be paid an amount equal them to others for fabrication for the company.! For the five months The reduction, effective Sept. 1, this year, was from 4% to 3!/4% to the call prices. 'The $5 preferred is callable at $105 and the $5.50 ended May 31, 1946, products manufactured by the company. constiand $6 preferreds at $110. .tuted approximately 65% of its total dollar sales.. ?>Y'!sY7 ;77Y77'7 on the $1,250,000 series A and from 3% to 2 % 'A on the $620,000 series B bonds still outstanding of an original issue of $2,000,000 Referring to the proposed three-year trusteeship,' the Commission 7 The company's manufacturing operations are conducted in the prin¬ stated that the purposes for which it was proposed can be placed privately with New England Mutual Life Insurance Co. satisfied cipal plant in Cincinnati, Ohio, and in a plant at Hamilton, Ohio. Boston; Trust Company of Georgia, and the Florida National in ways which would not. require a large staff by Engineers and re' Manufacturing Is also conducted at Greenevllle, Tenn., by its sub¬ Y in connection with Foremost's acquisition of its large Texas prop¬ lention of $65,000,000 of Virginia Electric stock. sidiary, Southern: darment Corp. , . Y' • erties a year ago.—V. 164, p. 1593, \ * , The Commission said that upon payment of $100 and accrued div¬ In 1925 the company commenced the development of the direct sales idends to preferred holders of Engineers and creation of an appropri¬ to consumer method of distribution and, beginning shortly thereafter, Fort Worth & Denver City Ry.—Earnings— ate escrow to protect their right to any additional payment found • duei, ;;i; has used this method of distribution exclusively. Its selling organiza¬ 1943 all or substantially all the Virginia stock could be distributed immetion now consists of more than 45,000 sales representatives throughout 1946 "'1945 1944 October— X diately. the United. States and possessions, . These sales representative $1,118,504 $1,417,708 $1,527 474 $1 568.353 (Gross from railway 864,097 Engineers' proposal to borrow approximately $4,500,000 from banks for the most part, housewives who live in the neighborhoods in which 278,435 Y 426,663 Yi 467,877 Net from railv/ay ;449,121 to facilitate retirement of its preferreds was termed by the Commission 171,051 194,596 182,951 they - solicit orders for the company's products and the majority of Net ry. oper. income— them work only part time. In approximately 30 of the leading cities ps ''unnecessary and would serve only to delay without justification From Jan. 1— ' 12,806,201 14,112,370 full compliance with the Act. The record shows there are several other v of the United States there are district sales .offices, each under the 13,813,925 9,991,749 Gross from railway.... 6,446,145. 5,647,445 4,123.322 sources of funds open to the company which would not have any direction of a district representative.. ; These, district representatives ' 1,620,981 Net from railway 3,281,458 2,434,195 1,950,135 select, train and aid the local sales representatives in their respective 731,021 delaying effect" ■■ * ..Y:,.1Net ry.1. oper. income... The Commission added:, "We believe the plan is incomplete and areas. The activities of the company's sales representatives are sup—V. 164, p. 2286 unfair in failing to include a provision for supervision by the Com-< ported by a program, of national advertising in leading women's, mission over the payment of fees and expenses incurred in connection Construction magazines. • , ^ " ' Building (Tanager Broadway 140*0 with the plan."—V. 164, p; 2543, ^ ' STATEMENT OF INCOME Unclaimed Interestinterest in Virginia and ' Cut Interest Rate "Harford '' ' . ■ of Bank • . . < " . ' (The) Equity-Corp.-rSpecial Meeting Adjourned— 3 Mos. End. '* At a hearing on Dec. 2 before Federal Judge Alfred C. Coxe, repre¬ . Net stockholders protective committee and the management of tne corporation agreed that the special meeting of the (stockholders, (which had been scheduled for Deo. 3) would be adjourned until Dec. 17, 1946 (see V. 164, p. 2408).' It was further agreed that sentatives Of .the common would show cause on Dec,. 10 .why a restraining order should hoo be issued preventing two of the .management, David A. Milton (President! and Ellery C. Huntington (Chairman of the Board), from voting or causing to be voted the more than 1,000,000 shares of the management Cost, sales. _Y—r— of Sell., . - sales. and adv. May 31/46 1945 ./ V. 1944 Y, admin. : i,540,068 670,090 M 451,360 expenses 25,000 15,000 : $757,465 $328,398 Profit from .oper..Y_, t 6,711 Other income. 11,834 . 1 . 1,508,732 54,447- 45,984 • - ;. 7 ».«vy.y • ,Reserye; for- contingent; William P. Doyle of 610 Essex Road(i Kcnilworth,:Ill., is Chairman . ;•; liabilities, V-YY^-.-VrVand Tj Roland, Berh^v.of 30 Broad Street," is Secretary" Of the common - * Reserye for'.possible re-! r '1 • ; v > Y $l,517,223 k. rfr- Y " 141,179, ? ; $1,462,992 31,647 - v ( obtained Nov. 30 without "notice to the Corporation; ttl Y negotiation Y,oft:, 'con-- Y . .. iYi'Y' rY Dec 3 ; Y; > tracts: • " ordered f' vacated Dec. -2r and the matter was-set down for a hearing this - week a letter to stockholders, David M. Milton, President; among/othet XIn - on was to holders y _ tha^-date,s7-y. 130, p. "636. yFowIct Fanh / 30,000 . Y 45,pOO X/Y:'55,000 '> v' Net income... > $203,867 :Y $424,889 /; $323,621 of notification with the SEC Offering price; $1. a shale. Under¬ proceeds will be used fqr drilling 25 filed a letter Manufacturing. Corp.-15-Cent Distribution-^ fA dividend .of 15. cqnts per sh,ate has been, deckred. on tha.commoir> 'stock, payable* Dec.317 to-holderi! of record Nov:'28i" A similar.- disri Last ; $310,770' / !"Y„Y/■vY'Y''Y.Y',:;;YY:.YiZ+'f: lIZ made, .on. .J„une.A4, -last.* .paid dividends of 30 cents.:each on June 12 year,: the company /the stock outstanding prior Xto -isplit-up on- Dec* 15,1945.—V/.164, p. 2830.. V . and Dec:. 15. on Y,; ;Okla.^-FiIesJ Gaivin iribution was- 10,000 Y r1 X " " Oil Corp.,; Duncan; for 80,000 shares of-common stock. writer, John" G.X Fowler," President., oil well. - Y"*,.' . * that New w than July to the, company on 997,422'/. 1,065,574 > -j , -•;> •» notice , $1,475,714: $1,445,548 : 41,509 '; i, 17,449 . stockholder^ protective committee-.J-*- -- - ,* A •restraining order against the ioWIng of' the meeting A v." The company on Nov: ' of a proxy statement which the common stockholders claim is • $335,109"?: $769,299 Total inc6me__w ; ;7,373";. 36,539 false and misleading in that the management has failed to disclose thfe* Income charges™Y.'Y tremendous cost to-the- common- stockholders and' the -shrinkage that Fed. income and excess would occur in asset, value as the result of the management's recapiY * 277,870 profits taxes.-i...:—Y* 1.24,869 (basis laliz^tion^planV'X .ffi $8,110,643 $8,422,261 1,S46,1417 !.i,769,099 ■/ 5,048,875 • > 15,413,538 - - of first mortgage leasehold bonds states funds have been available at The Continental Bank & Trust Co., of .York,! fiscal agent,' 30 Broad Street," New York, N./Y., for;more six years to make payment of certain uhpresented coupons due 1,1930 to and including July 1, 1940. V/ ,,X Such funds still unclaimed on Dec. 12, 1946 will be returned ! < Y Equity stock owned by Oceanic Trading Co.;* Jnc , and preventing -theYY piftnagement- from voting- all other proxies received by .them on the Y - Corp.), N. Y. City Y- $3,221,655' $2,640,900 Contrib. to pension trust - —Calendar Years—? 5 Mos. End. Aug. 31,'46 : the. two-far-one, stock ; . Y Yj 2958 THE COMMERCIAL & FINANCIAL CHRONICLE (Julius) Garfinckel & Co., Inc.—Preferred Stock Of- changed into 60,000 shares of 5Vz % convertible preferred stock. The convertible Into common stock at the initial „ syndicate headed by Auchincloss, Parker & Redpath, and Johnston, Lemon & Co. on Dec. 5 offered .160,000 shares of iVz% convertible preferred stock at par ($25). American agent, Trust and Security rate the July 1939, 31, trustees the Garfinckel, Julius store property, the including business, of estate the of equipment, at a total price of $4,349,000. Garfinckel deals primarily ip the liner grades of fixtures changed into A ;-.AA'AAy ■! 266,044 A women's A, 6%, due 1957 mtge. inc. bds., ser. A, 6%, due 1957 ,- ■ ___ addition. $100,000 pledged "In • .• $111,000 bank loan collateral as Outstanding A Open $1,000,00,0 '''••■ 300,000 *$10,000 t531,055 111,000 10,250 v. vPreferred stock ($10 par)—_*L,—„ 30,000 Commcn stock ($2 par)*_._*_*__,r_,:.__';.Aj,Y 245,000 been appointed Comptroller of the company.- He public'' accountant and was formerly associated with accounting firm of Eisner & Lubin, of New York.—V. 164, p, 2830; has shs. the ; A- 22,397 sh&. shs. for ; A : .. 1101,593 Shs. v,,w payment of the and. $10,000. treasury, available for ■ corporate 'purposes, tin addition, $43,000 are pledged as collateral for the -■? ' payment of the; $111,-000 bank loan and $258,000 are in company "a At A treasury, available for corporate purposes. JNot including the 41,666 ■'#' ' shares now being offered. ■ r . . V/ • New Products— General Mills, Inc.—Announces The to from food its Heat ^AAAa • month announced the first post-war product research laboratories—Apple Pyequick, a new last corporation come "PURPOSE—The during its development was known new home appliance, • known -as -the Trualso --introduced.—'V. 164, P. 1Q82, A \ ;v •quick-mix which for 3y2 only as product . "R." A . . Authorized bds., ser. Bank loan payable . certified a the furniture, and mtge. Gen. Corp.—Comptroller Elected Supply Builders Marc0.se I. is of- as CAPITALIZATION AS OF SEPT. 30, 1946 First N.. W., and executors outstanding were stock.—V. 164, p. 2691. shares common General Co.," Washington. and operates a specialty department store, at 14th Washington, D. C. This business was founded by Julius Garfinckel in 1905 and was conducted by him as sole proprietor as Julius Garfinckel Ac Co.-(unincorporated)- until bis death in. November, 1936.' On Oct. 4, 1939, the company, purchased from Streets, 133,022 preferred.; Bank lean payable 1939, and owns F of common stock for each share of share one shares of new common HISTORY AND BUSINESS—Company was organized in Virginia, June and of The Registrar, Union Trust Co. of the District of Columbia, Washington.-, 30, -V; preferred stock would be fered—A Transfer Monday, December 9,' 1940 electric iron was will years used .to . was estimated restore expended in net part in proceeds (approximately the working'capital of 500)''"} $246 V the'company improving and extending the Plant. . wear be which Wyomissina ' "-t ' -1 ,,: •; M ■';■ statement of income other retail and service departments, • \ ' General Motors Corp.—November Output Up— • ; * including men's and boys' furnishings and clothing and modern fdr C ?: ' ' ' ' / ' 6 Mos. End. —-Years End. Dec. 3D v 'l4,) storage vaults. The shoe departments and beauty salon, the. store's Production, of passenger cars by General' Motors; reached a new June 30,'46 1945 1944 1943 only leased departments, have in recent years accounted-.for less, gales of manufactured postwar monthly peak in November, with a total of 127,167 cars ; A " than 1.0% of Garfinckel's net sales. Garfinckel operates a total of 52 A brick (net) turned out, .compared with 126,450 in October, GM's, previous peak 1946 $771,268 $911,787. $798,402 : $940,554 " A of its own retail and service departments. The store carries no heavy Cost of sales production month.,, • A: .-A. A A';540,185 "-"v676,191 620,708 754,836 I,'; merchandise, such as hardware, furniture, floor coverings, or upholDespite the loss of one full day's production on the Thansgiving | ^ ' '' stery, except for a limited quantity of occasional and nursery furniture, holiday,VsGM's, passenger car production in the week ended Nov. 29 glassware and china. During the latest fiscal year, about 46% of Gross profit qn s.a'es " $231,083 $235,595 .'held close to the levels which have been maintained over, the last two $177,693 $185,7J^, % A Profit on sales of pur~ the store's business was done on a cash basis and the balance on . * ^ ' M" -A-'Ji •% rh'JHV " V months, with an. output of 29,468 cars. This compares to 31,993 cars ! chased: brick——— 1560 customery credit terms. In 1942, Garfinckel established and now 1,445 1,263 •A;':.Av 941->' 'produced the previous week, GM's highest one-week production since Other mcome-r-r-.-— .operates a branch store at Massachusetts Avenue and Fordham Road A; 21,879 ' A 18,029 r ; A 12,514 v-j Day. ; a AA-; •■■,- ; ;• A; :A;A; 5,569,;. ;AAA,/;. in'the Spring Valley section of Washington. * ?'i'„ A ; The output for the Nov. 29 week was approximately 74% of the In March, 1946, Garfinckel acquired a majority of the outstanding average weekly production rate maintained during the 1941 model Net income ' 1— $254,523 $255,070 A $191,471 $192,229 % capital stock of Brooks Brothers (N. Y.t. Brooks Brothers, with its. ryear.., .. ;:"-r • ."= ■ v "1 ■ 'AAV,';V,"",''Ay ■' Selling expenses -—A* 25,649 34,910'A y 46,225 45.59S predecessors, has been in business in New York City since 1818. The •". • General Motors total production of passenger cars in the United Gen. and admin. *exps.ay v'28,954 49,038.' 48,275 f 53^973 A •!<. present corporation was organized in 1903, at which time it succeeded •States for the year to date is 695,115, .compared with 1,744,283 for the Idle plant expenses—' • 3,348 16,897 to this business. Brooks Brothers' principal place 15,189 ;' -g.feSrt'A'A': of business wfis •comparable period of 1941. .";";• AyAAA/! •Depreciation —A—-I" 43,027 > 75,046 J 73,904 moved in 1915 to 44th Street and Madison Avenue, its present head¬ K 75,00 .Truck production, by GM in the United States rose appreciably in Int.- on fxd. indebtedquarters. Branches are maintained in Boston, Los Angeles and San the Nov. 29 week, with 10,002 units turned out, compared with 9,639 -. Francisco. Brooks Brothers deals in the higher grades of men's hess.r—Y-l.-;—l 18,285 L 33,097. 33,190 ' 31,30: -for the previous week. AyA ; yyA'-- - : ^ yA AyA -■ Prov. for Federal and wear,. practically all of which are normally either manufactured by r. v There were 29 strikes reported among GM suppliers, a drop of one Pa. income lax 53^301 Brooks Brothers or imported from Great Britain and other countries. ..... A from the previous week. W'-;/A..A-?;v,• ,.A,:- ;•*.y;A:';A:AA»VA; ACQUISITION OF BROOKS BROTHERS—On March 21 and 22, 1946, -J ;; Following is a tabulation. of ..production figures for car and truck Net profit $81,956 Garfinckel purchased for cash from 26 stockholders 18,463 shares of divisions; t ' $46,079 *$25,313 t -> i *$22,295 preferred stock and 18,744 shares of common stock of Brooks Brothers :-*A'vAA'AA';'\A€.^A Avv;: wk. End. " Wk: End. ; Jan. 1 to 'A Jan. 1 to,, (being approximately 61% of the outstanding voting stock) at an.;.. AAAAA .'A'AAaA AVo; wi Nov. 30, Nov; 23, Nov.' 30, "Nov. 29, : 1 aggregate price of $1,551,173. .-'A;'" • • y"AA ::;'i A r, A \ • }■ 1946 ' ' * "■ 1946"' ' A 1946 .= , 1941 Goodall-Sanford, Xnc,—-Partial Redemption— ,■: -t On Sept. 18, 1946, Garfinckel entered into an option, agreement Chevrolet—Passenger— • 16,772 ' 16,231 331,997 895,696 * *' •'' ?*"■ in " . The corporation has called for redemption .on Jan. 1, 1947, through 1 with John Wanamaker Philadelphia, whereby in consideration of the Truck 8,645:; • 7,753 238,553 *294,451 ".operation of the sinking fund, $320,000 of .3V4%; sinking fund debeu% sum of $117,190, Pontiac Garfinckel acquired the right to purchase at any 4,489 112,279 270,748 ;,A 3,830: '< tures due Nov. 1, 1956 at 102%- and interest. Payment will be made A , time within 90 days from the date of the agreement an additional 11,719 ; Oldsmobile A'A 94,384 3,588 4,292 221,343 at -the Chemical Bank & Trust Co., fjrustee," jj.65 proadway," New yprk-, A" shares of the preferred stock and an.additional 11,438 shares of the Buick A; 132,235 5,917 4,443 299,154 "N. Y,—V. 164, PY 2409. "common stock of Brooks Brothers for a total consideration of Cadillac 1,064 24,220 57,342 C'A ? .v,r A 4835 GMC Truck & Coach— $1,171,900. Upon completion of this purchase ! Garfinckel will own Gorham Manufacturing more than 99% of all outstanding capital stock of Brooks Brothers. ' Trucks ; 1,288 1,809 29,817 *99,351 Cov—Declares $2 and and accessories operates , , . . * . ' ' • . , . . , . . , . . " . . - r , , , . .. i , ■ . . ■ • . < ''' v' •• */»V[ e ••• .• ' . — ' ■ . . Coaches A CAPITALIZATION, GIVING EFFECT TO PRESENT FINANCING Authorized real-estate 13'/2% Oct. 4, deed of $2,800,000 ;—*_**:/ 5V2% conv. pfd. stock ($25 par)—-— 4Va% conv. pfd. stock ($25 par)—. A Common ♦In stock matures Oct. 4, (commencing of amount •delivery inents the note, $1,805,000 payment of to to be advanced store the entire advanced authorized As of Oct. Trucks will have been J' .A. iA v GMC the • Cd. V' or American Jan. 16, 1947. •' ;v; ' approximately as (estimated $3,625,000) follows; 1%% of option to purchase Brooks gram for general funds of working capital of shares the of 4V2% YY '-A i - a . Auchincloss, Ay y C. 17,000 Jones Co & & .& Starkweather & Co 8,500 E. R. Jones Mead, Miller & Co C. Peters & Boyce____ & AAA & Net'sales Of K. of goods Wales & INCOME, JULY income ments Divs. 1 and leased f# ' in pfd. 145,545 income——— gen. for Interest other and on Amort, of deed funded fee of - 127,643 V of y $3,952,416 1,700,771 43,257 36,135 1,513,452 22,450 65,489 71,153 93,598 6,550 . 136 178 est. A tax and profits Columbia 733 surtax— tax__ — tax 125,000 A 121,000 1,372,000 .1,002,000 100,000 " 6,600 500,000 540,000 —*___ income_ 103,000 77,000 $964,717 - Split-Up of Common Shares and 1945 „ ' 1946 $2,137,737 •. $46,250 ;,A stockholders Dec. on 3 approved 1-945 new issue of 160,000 shares of $25 A ' in the AAA;!' A'AAA-:-Ay'A;!:!Ay;yA'y;'A'.AAyAIA.aj'A^.aa'^A:A $1 to to 50 500,000 cents, increased the authorized shares, "changed and increased the the par par of the present outstanding TOO y 1944 A 1943 -v Kaiser--AA; , stock split-up preferred value of 5 y2% stock from 250,000 these shares from preferred stock from It was also vot?d that 60,000 preferred stock would be ' , JanA . and : $906,426 the A; 164, 8,062.354 354.793 2,073,362 2,881,429 1,727,696 2,510,918 of 3,847,181 41,515 Gross from from ry. " From Gross railway- Jan. from from ry. $465,671 railway oper. . income 13,457 .A1 railwayL-i1— $519,840 • • 171,883 660,599 ; . . from ry. Net and business organized in AND : BUSINESS—Corporation March 14, Glen-Gery of incorporated was 1939, to take over the Shale Erick Co. (Pa.), in the U. S, District Court for the Pennsylvania. ./ i .a--. / •. ; Company is engaged in the manufacture of .brick and similar articles . .. either is made entirely of shale or contains large a percen¬ tage of shale varying from 8Q% tp 100%.. The use of this ingredient permits the making of -hardened burned brick > having permanent colors, Th,e range of the ,company's products is made possiblev by the varying characteristics of raw material located at its different plants, enabling it to supply a far broader market tfran would other¬ be thp •aggregate In purposes Company's plants case. capacity addition -to of the approximately wide use of throughout the territory presently i,t in 100,000,000 the company's serves, operation bricks brick a have where residential its product has been used by a great many industrial concerns. The company owns in fee seven V grand a sizes of total of 290, ■ ,A "buildings ar»A|AA";iA a net total " A A A to date.'!: use , -VA -AAA: 1946 ;;: AA income..,. 1945 :.AA:- i944 • '*""'AA'-A- income— > 8,681,789 ' 4,032,544 3,803,494 y' 'aa.-/AA;; ; • * ] A;;v'A; 1943i4 1,754.531 5,343,221 :-'"'A $20,246,519 $19,779,475 A» $19,245,895 $18,317,167 9,102,889 A,' 3,144,05$ AyA'A;'- AyAA'y-y ->A'-. 18,084,177 A: 29,112,65.2 ' 26,843,176 . , t .. . 25,433,29® . 1946 1945 A 1944 A $239,120 $253,985 railway—L__ 77,458 42,254 Net '• A' from from Net from Net ry. r-V. A; • Jan. T—'•% ' A'A-:-.'-.--" •-•.< From Gross ; railway..** \ . oper. 430,452 $267,069 --*|- "A 80,459 : 20,392 75,632; vA;-';yy, ;'AA' ' • plants, all located in Pennsylvania. f Greenbelt (Ind.) ;sec-. ... The •for . company 147,559 '*A A" A -;'AA"- ',.y" '- i $190,000 Price, Consumer Services, Inc.—Files A. , of - A; ; The company on 'A of com- ■ •/' •; - • Nov, 22 filed a letter of notification with the ' AV SEd shares (25c par) common stock. Offering price, 62y2c- a share. Proceeds will be used for exploration and development of mining for 70,000 property. ; •'"; Mont.—Files with Green Mountain Mining Co., Dixon, ' witl) A aa Nov. 26 filed a letter of notification with the SEC Class B common and $10,000 of Class A common. per unit. Proceeds- will be used for^the. erection building" in shopping center of Greenbelt, Ind. SEC— *- '^A on $10 mercial •'-. 2,375,879 890,413 528,95® 2,276,809 2,393,462 479,324578,942 . A 25,169 V \y v 98,173 income— 164, p.- 2409. .' ' f % 1943 :• :- 65,850 51,764 11,196 ■ 2,245,151 railway... y AA I 65,842,788 , •-• $263,589 A ' 4 AA-'A-'.' 163,851,415 - Earnings— Z Net ry. .ojper. income... : ' A y. 'A--;A'A gives railway— fro.m Gross Y . different railway..—*1 A 7,542.318 oper. an year. for thd for total of a . rsuited to practically ai; building requirements, residential, commercial and industrial, and covering a wide range'of color, surface and finish. brick cases _ ip property, assets then being re¬ proceedings pending . 20\;.and pe said, ^"making AAAA'A , .,y-yAa: Ry.—Earnings— '* V" V.T64, p. 2546. Shale Brick on 'Quonset Subtracting these duplications railway.*.- A October— COMPANY the summary Green Bay & Western RR. Corp.—Stock Offered—P. W. Brooks & Co., Inc., on Dec. 4 offered 41,666 shares of common stock ($2 par) .at $7 per. share. • • A . A 1 Pennsylvania for for which Quonsets are known to be in 1526.; Ay-AAAy ;•;,;! ':-vA;A p. oper. rv. ■ 'Ai-A'A 964,383 586,241 164, p. .2286.. Glen-Gery v, 33 t" From Jan. 1— 6,227,488 3,066,696 " uses Gross from railway*..--. 138,950,553 173,751,407 175,260,208 Net from railway— 30,841,964 49,314,082 64,648,315 65,451?. J .70,621 5,623,223: 5,606,059 2,172,392 "2,011,673 4,591,620 761,627 income— 72 purposes.' from Net A 203,832 a ■ now have, been adapted,.J.... This compares with approximately by the war's ends'' •-:v( v| . contains yOctober—' $540,519 185,670 71,313 Y corporation, steel 'Which- they first manufacturer of purposes 160, .Gross ; railway. oper. 257 Net 210,774 A at ■ smaller buildings, y "Quonset 40' uses ,are reported as 108 A of .the larger 'multi-arch at 14, making a total of 122 for , larger structures." ,"t . -A•" ...V y?';!. figure '- $549,756 70,204 The base " A v f:. purposes. manufacturer's " ,YY\jy: Navy ^ Av .;i *structures A. the those line's —v. • ; Net for list the Great Northern 1943 war. officially noted reports 24'," 3,339,285 Georgia Southern & Florida Ry.—Earnings— October— ,\r 3946 ' 1945 A A 1944 . the factory-fabricated the from name during uses serving like 6,436,611" A:"»! 'y:y'YYy-.; -A.:- A "While all of the uses of all buildings give 2286. p. military this AAV'AAA^A'A A'yyA 1— Expanding A buildings, reports that the structures "Dealers "163 A 9,081.264 The authorized convertible common authorized 100,000 shares to 220,000 shares, par $25. shares of . round-roofed, their erected 'Quonset 1945 the are derive for more than 257 civilian 8,631,927 wise stockholders shares and ^ /A;,, Y'yyA- Quonsets these ;,h:" , common stock. ' Con¬ 2831. p. Nov. .-25. were . $1,936,692 ; 291,201s $411,145 of New A increase an .capital stock from $2,750,000 to $5,750,000." Part of the plan provides for a two-for-one a AA;A;YA;':f>v;^ ;;; corporation . which 222,889 733 $543,486 Issue vertible Preferred Stock Approved— and this 10% Great Lakes Steel Corp.—Use of Quonsets $3,241,558 2,163,850 An¬ real 1946 $43,775 Eastern District of The a civilian ingenuity is exceeding .that of war-famed Seabees- in adaptQiionset buildings to a variety of practical uses, it was reveale4 229,622 Net $4,390,464 ; — , previous on excess District ; '' . lng 104,834 Net exps.___ debt- trust normal Federal Net =yA,.a?^y ; ,;.:".dent Nov. 21— '• Federal * Robert T. Dunlap has been elected President; succeeding Ralph Hori ton, resigned. Mr. jDunlap has recently resigned as Executive Vice Presi^ A A ' of Colorado Fuel fy Irop .Corp., which office he had held sine* YfAAy-' September.—V. 164, p. 2409. 1 , ' f 41,455 6,408,307 55,389 accounts-——-* interest— >■ 269,256 $3,113,915 of — admin. doubtful . 1944. 1 $865,505 —V. Total Selling, r railway- "Deficit.—V, • —— 18, 143,691 $9;522,222 $3,806,870 179,294 stk. Jan. since LS; $737,080 1944 depart^ Brothers ... alphabetical near Great American industries, Inc.—New president— ! ' 7,483,713. $4,155,780 income oper. invest, on Brooks Prov. from ,' from-railway—— Net from railway •Net ry, oper, income-r_ aA'^A * : 1945 departments—A $12,595,442 $11,290,584 misc. also was corporation ' revenues from from Net Gross as ]■ will be allowed -explained.—V. 164, years, ;Net ry, oper. income—r 1,000 31 r 1946 __—_—___ the 14 *10,904 1,000 Co.—„i ENDED YEARS Detroit of for Assistant Comp¬ announced A "He, has General as $622,991 5,000 sold,—8,439,661 income in Comptroller Staff Personnel railway—___ Net From y'-''A-aaa own headquarters 164, p. 2831.; Gross 1,000 .Sales, less returns and .allowances— $13,913,811 $12,273,439 $10,378,235 Net sales of leased departments-'..— 1,318,268 ;■ 982.855 856,012 Gross * relations.■''AaA;,A.AA'AA; A;yAAj,;.Yj'y; Hammond 2830. Gross OF E. v 1,500 Inc. Chas. M. Henderson & Co. Inc. the director of labor of Roy Georgia RR.—Earnings— October— ' ' - '."-A'A -,yy 1946AA * 1,500 Co., 8,000 S. of member a as Period— 1,500 Bryson (Julius Garfinckel & Co., Inc.) • , Cost always are possible. as Agricultural-minded employees >of 'Fiazer Corp. 2,000 — 5,000 Sons__ Ai-nold, & & Co. Cassell F. Coen p. Operating —v.; 2f,0ol) Inc. ■y 8,000 STATEMENT ' However, they count—--Ay,; 194 7,010 .on A Mason, 9,000 ., '"A;. 7,867 Georgia & Florida RE.—Operating Revenues>AA"'-:A:A; . Week End. Nov. 21' -Jan. 1 to 4,000 Horner _ Garrett .Kirchofer 5,718 .A •'•.;309 The electric output of this corporation for the week ended Nov, 29, amounted to 127,410,697 kwh., an increase; of 10,323,235 kwh., 8.8%, over the corresponding week of last year.—V, 164, p. 2831. a or 4,000 Robert Lukens Robert "6,590 L-■ purchased Scott, Inc Coe Bros. 194$ . Graham-Paige Motors Corp.—Allows Employee Dis- AA>=- , A t'-AyyA. AAA A , 8,000 & in 1A%;*|-A'. 4,550 1946, No. of Shs, A .Robinson, Rohibaugh & Stein to be Baker, Watts & Co,—A—. Goodwyn & Olds . follows; as stock A the 36.000 Co. Mackall A. 420,290 and 36,000 Co.— Alex. Brown & Sons & are & Redpath 'Johnston, Lemon & Ferris disbursed ■■ General Public Utilities Corp.—Weekly Output— -950,000 . No. of Shs.. Parker ' ; underwriters convertible preferred by each of them, respectively, « Total . 17,844 pro¬ be available to several Seaton, with 164, 1,054,710 ; the G. Assistant —V. ——__1_Y company of names 'been preferred — UNDERWRITERS—The number .each, 24,354 4,242 appointment troller $1,200,000 ________ Brothers ; to A order; position 17,160 __y_y_A_AA—Ay__A__A:.;yA.; .succeeds Mr. ex as and common stock- (exclusive of $117,190 paid on account) Addition cents AAAAi' NOTE—For mechanical reasons it it not alumy* A possible to, arrange companies irtexact J alphabetical , •kR'ft>n •58,010 32,654 CanadaA____u—____i___—_;^—' A: Louis > ■/./y.Ay-' ';■■.•••'•A due, Completion of present building and store improvement < 75 , aA The note _____ 1 ■ 15, ^'a';v■>*A:'aA-'y-AP to be applied are . ; unsecured promissory tended, March 27, .1948—— Fxercise Nov. 21,692 i Jk Coach—Trucks and for October 31,422 ^r» T 15 per share.—V, 164, p, 2286, — October, 1946, Garfinckel borrowed $300,000 from the Security and Trust Co., Washington, D. Cv to finance increases In inventory, which amount is payable on or before of . $2 ... PURPOSE—The net proceeds Fayment "ft Ar Truck Oct. was factory list discount on purchases y Total U. S. and Canada.— of the; versatile Graham-Paige .___A. ,".A ,173,355 A'A'; '172,026 Rototiller farm machine, Joseph Wt Ap»--;_Frazer, President, announced on Dec. 2. ;'"A;A-v y Three Officials Promoted—- ' A The'Willow Run. companies previously vannovmced a similar plan for -AAA. A Harry B. Coen, who was recently placed in charge ,of, th^-*- Employee ; y employee purchases of Kaiser Special and. Frazer. automobiles; frFarm V',; A Cooperation Staff of General Motors, on Dec; v2'V.was'felected a Vice- equipiheht. has been made available on'the-'same basis at the-requestAof •.s-'i - A * President of the corporation. the 9,100 employees, many of .whomi'live:- in ' ■ y rural areas. Mr. Frazer-y-A -A-'A NOTE—In seasonal figures 22,326 of .16, -t: 1 ' ' production r "'f'r'A'November"5"* ..y'-1 '"A • • 18,665 Coaches GM $10, 1946:c'!AAA:'jA»y ■r'A,; V AA Ayy Buick expected '• truck and car October, .H*n» f 'l Oldsmobile par 1,010,729 A 2,241,063 j i. 'Cadillac improve- ; credited of and Dividend-^, dividend of 2 per share has been declared ''on':-ecimmohAsfcock*A^:AA' payable Dec. 16 to holders of record Dec; 2. To date thisA y; year, ' the -company has already paid the following- dividends:* Jan; .15, an extra of $1; March 15 and June 15, 50 cents each; and Septc ) A 2,217 64;774" ' Pontiac trust, 16, 1946, Insurance Prudential completion Of construction. upon of related comparison a 43,127 r 2,030 45,214SA: *100,761 .trucks which Chevrolet, GMC Truck & producing for the armed services in ''VA A A;.. A„ y, •••A.,1 ;AA VA A,-"V ,AA ChevrolelY—Passenger amortization $2,297,849; and it is was $2,800,000 for note fThe previous deed a the by Amerioa, the holder of the note, that Av... A A is of November c 1,495 v. "s. . were . total principal concurrently with the addition and property. advanced or stock, are 77 , -41,654 totals Canada . Of the applied was loan under a to be reserved are preferred certain quarterly against the main credited amount is subject to of Following *266,044 shs. stock common convertible Can. these the months ; and in 1941. 60,000 shs. 500,000 shs. 69 2,184 "A GM and 160,000 shs. 1947), and prepayment. Garfinckel's to total 1960, and in April, thereof the balance of .A"A;.;;.v. rv; S. Included 'Coach 160,000 shs, \ conversion upon a'A_ ■ Canada 60,000 shs. par) addition, 220,000 shares of Issuance •of (50c * $2,081,200 A ':'v Capital Stock— of Outstanding AA; A.'A;7:A' AA- V/Total U. dated trust 1945 GM Earnings— Gulf Mobile & Ohio RR. Net Net ry. Jan. from 32,427,029 31,418,715 4,957,949 9,905,082 10,023,816 3,904,240 railway .3,021,463 1,250,353- Net ry.; oper. income—,. . additional During 1946 a total of $3 a share 164, 4,155,832 Telephone International Extended—• Agreements Boston o, HalniH 1 eqHl^a fW;aecrued. interest on the issue ca!icS;:^of4ln .♦ Prtce-ry, 164,,p.12691,'to or,nn,in^ ^ "946, Tnelusive, Dec Mint- -iqar in not nr, of Xhe holders /debentures, on; surrender of their debentures at the tw Tin from Net Net from Net ry. —v. ^'/a % ' 25-year ' / ?ffio^of The ■ fvi?,:/The Life Insurance Co. of Virginia;-Massachusettsrz/X-/. due • " V.1 -164; f, Corp.) New , r2155/:-///:/'/ p. •; V. • L. -Kettel, elected 2977. p. (1350 Jewel Tea Co., Inc. Partial Redemption— 4 : •- The 7 , ^-a v'-mt-1 m ^W^^*Usfc V.. 160, p.. 2295,.; *„ / 1/ / ... , /£'£« ■*' /,//£*/ x,^, ry. / , as of the'close"of business Nov. " The Manufacturers' Trust/Co.; 26, 1946. 55 Broad Street, hew York, N. redemption ugent.—V. 164, p. 2832. —V. Yhas, The directors on Nov. 19 declared per -ashore,, payable /Deer -2T* td- stockholders of' record -Dec.; 17. ' This , -as -• IS "in addition to. the-usual monthly dividend of 15 cents ;;per sharev!.^^''/i""f^r*J*v-** which was declared at'the October meeting. This brings total dividends V,4 Kansas l City Wholesale •" Grocery Co.—Debentures: been designated payable-in ;• 1946 to $4.05 per share, as-against $2.50 in 1945.'f>iQ„ j Pritra+Alv v .At the October meeting, the directors also declared a monthly divi-/ dend of 20 cents, payable Jan. 31, 1947 to stockholders of record ? 1SSUC Jan. 21, 1947. see v. 164, p. 2546. /v-V-■ ■ Sept. 1, 1961 was paid - or President*--- par appointed registrar value.-and 3.85% cumulative preferred 164, p. 2693. .«,-n., . «;; Ry.—Earnings^1945 1944 1943 $200;472 $219,131 / $248,007, * 68,606. 31,624' 066 28,( j/. '51,309 17,065 * ,V17,186 { - 900,405 224,815 594,969 V 222,330 "183,375 with Co., InCi—S^ock Offered £j>EC— : J,:;)'-)/; g The First Trust Company of Lincoln, Neb., and CruttenThe company on-Dec. 2 filed a letter of notification with the SEC/ y for 9,900 shares of non-cumulative preferred stock (par $25) and ;/ jAn *r:rW rhinnon nn TIap fi nffprp'rl -9 ROD sharp? of ^ 29,700 shares of common stock (par 5c), to be offered in units of one// den « V.0"' pn Dec. b Olterea ^,ttUU snares Ol »pO preferred and three common shares at $25.15 per unit. Proceeds will ' ? Cumulative preferred stock (no par) at $106 per Share. / be used for initial organization and operating expenses, business needs, ■ Proceeds will be used for the payment of indebtedness etc. There are no underwriters. and for improvements.—V. 164, p. 281. 1 -i. "• ,-•* 2,600,342 993,552 < : 250,181: 2,673,662 808,086 < 1946 railway railway.-^—- income___; " 1944 1945 , 1943 ' $7,063,441 $7,64-7,887 $5,800,712 1,138,077 564,761 $6,219,405 1,166,169 ■/ 739,415 , 2.574,331, 2,108,676 1,563,512 1—- ; /.- /. railway—55,500,326 67,143,878 Net from railway.^ 9,799,464 ,} 14,373,996 Net, ry, oper. income 4,162,337 : 4,361,538 —v. 164, p. 2288....1 ,s ■ •" ■ - . 2,587,730 1,150,281 82,701,381 23,280,799 76,403,646 25,857,378 10,695,687 11,350,80/ From Jan. Gros$ 20,859 ;V.v ;■ 2,273,509 : . 2410.;/-;)'/.'///;, oper. ry. \r T ; k 1946 $280,363 83,367 ! . income-.. from Net- from ; - - . See offering in V. October— ■V } General .Merchandise Manager, Sydney D. Vinnedge.—V. 126/ of New York has been $3.00 railway-—* 164, p. Net institution placed privately with an Kansas-Nebraska Natural 'Gas ■ late Lehigh Valley RR.—Earnings— ' -f-^acect^•''^pounced JNOV.-<£5 mat an "Of $500,000 3% % sinking-fund debentures, due ) High Vacuum Processes, Inc., Philadelphia—Files - the i railway__i^ oper. Gross f+ "wac annnunnod Mnv- 95.thnt nn through The First Boston Corp. i and President succeed company's-certificate of itveorpo- fl From Jan/1— .// rattoni'wUHreducte-the number of shares outstanding to 46,000, com-' Qrofis from railway.—/ pared^withfthevor-iginai issue of 50,000 shares in 1941.-. / ^ -nu;' •/!/■ Net from railway.^ The-1,'000 shares have been selected by lot from stock held of:-record's*.?. Ndt. vy. "oper. inc0mei__ Co.—Special Dividend— . -; a'speciai dividend of 50 cents Hibbard, Spencer,.Bartlett V from Net Broadway,/New/Ydrk/N. Y. | to ' $1,639,171 $193,441. $2,097,763 k Kax ->Pfr/ana. interest.' ;/ the sinking fund requirements 'of the K^OI^f v Vice , from Net m Increased "1946—10 Mos.—1945 vO-V.':\-; , October— . 809,973 749,645 ■ Guaranty. Trust Co. Gross There ' I operation/; /" . J- Lehigh & Hudson River ; i 1 I stock-($100 par Value). i-:J 2,748,465 . 1,384,895 v 1,396,593 1 1946—Month—1945 for the common stock, V";' V ■ (James) Lees :& Sons Co^—Registrar*— ij 14.— //-./.; ;•;"// ' /'•' /-/; Realty//'«'• -daxL/i Broadway* York City—Partial Redemption— Building ..Herald (Square 535,808 '278,654 $239,262 3138. ' p. beep has distribution -on "Sept. ; 2,750,285 2,677,480 1,358,976 738,441 Lamson Brothers Co., Toledo, O.—New — 'Similar ,<26,903 135,894. 170,864 1,954,991 i Fern . . .--. 1943 $272,360 132,514 .^200,010 117,285 (M. H,) Lamston, Inc., N. Y.—October Sales "$26,051,000. Co., New England Mutual Life //■'/Iowa}Southern Utilities Co. (Del.)—Larger Dividend1 Insurance Co., and .the Sun iLife Assurance Co.- of Can-., - Tfie^ireCtors have' declared a dividend bf 25 cents .per share op, payable Dec. 14 to holders of record was paid on this issue on June 15, -x- 1944 $257,090 164, p." 2288. Mutual Life Insurance , 1945 $363,760 210,359 1— railways- railway_»_._ Sales 1947/-' debentures 4>/e% d< Of amount t : ; -v.// /'!-// 1946 188,164 Period End. Oct. 31— cor- debentures "tt 41/2 Ypriefer/ed iF6ck-(pkr *$100> Tecenily Satrthor-;/: *n % 4zed ;by stockholders lias been sold to 'the following V-V /At^the/dotoher announcement insurance companies through The First 'Boston /Corp/ j^uiyii, 4952 we/e^utstahding in the principal 164, Co.—V. American North $345,579 , railway-^,— oper. income—H —V; "163, — from railway^ Jan. From the nerind tnr Co. Net ry. oper. income SeS/ to. July J, 4947, -the earliest - n? Co. and Superior & Ishpeming RR.—Earnings— from Gross from registration statement covering the shares, which m fdt/acdohnt sof, members of the Mellon family and foundations,: Was. tfeblared effective by. the SEC on' Nov. :18..,Orders.for the stock may. of Gross ; The corporation on Dec. 2 disclosed that more than 50% of its 4Va% '' gold debenture bonds/ due July 1, 1952, had been surrendered for pre-. recent offer to make immediate pay-» t W*r<iiU& /-fee • Lake October-?- t for Prepayment— 41/2% Bonds Surrendered members of the' group to underwrite »a secondary offering of 399,860 I*. »» *.«. been extended through pec, among formed capital Corp. shares ' ' headed by The First.' 'Gulf Oil Corp.—Secondary Offering Gas County 2692. of Telegraph Corp.—50% & mortgage Insurance p. 2831. p. Life Mutual equal amount; of 3%%. notes to five St. Louis, Mo., banks. Proceeds will be used to purchase St. Louis . ^Deficit.—V. Northwestern to an , . Financing—Company has Laclede Gas Light Co.—New bonds ijas thus been declared for payment on the common stock. No dis¬ tribution was'made on this issue during 1945. < The board also declared the regular quarterly dividend of $1 a share on the cumulative $4 preferred stock. All dividends are pay-;. able Dec. 28, 1946 to holders of record at the close of business Dec. 6, 1946.—V: 164, p. 2692. //• • ; ' '•'// 31,619,640 12,103,009; - on year-end dividend of 75c a share. 1— railway—!/ 28,877,847 Gross Trom Net 227,667 income—' oper. From 640,727 railway-; from Common meeting their arranged the private sale of $6,500,000 3V2% quarterly Nov. 26 raised the dividend rate to 75c a snare and also declared an at directors The $3,228,891 $3,021,622 $2,967,240 334/260' • 916/757; '1,057,612 *55,197 '/ 398,435 420,4974 $3,001,470 railway from j>jr fcno.uixxvx.ix « International Paper Co.—Common Dividend Increased , 1943 1944 1945 1946' ' October—; Gross THIS t'UMMMUAL Number 4549 [Volume 164 from' ^^ „ x .• a . . b' " ^facturifig p ant, ,°«sn^'3»15a ft , 77 - '•-/ Eastern See York Power Corp, New Annrnved Declares Dividends— ^ October— •//'//-//■ - railway—.J_ • • • ^ f 127,554 '■ railway—_ from Net from Net railway.,'.. from r income— oper, / ioai' 413 744' i * Nov. . . 9,330,868 3,575,076 - 8,159,232 9,716,778 4.409,321 one- < 1,296,189 1,119,241 ,V 1,197,734 757,382 Downie, R. Lester holders at the annual on Treasurer, . meeting that the company has Monroe, Income Shares Corp., black" since August.—V.1 163, the SEC ' p.-194. ' «Arvlr>f» Torn Partial RpdpmnHnn ' f L " li ^ x ~ x " corporation has ealled for redemption on Jan. 1, next; $67,600 v: of first lien and refunding mortgage 5% gold bonds, series A, due Feb. " J, 1963, at 104 and interest.'Payment will be'made at the Continental /; Illinois National Bank & Trust Co., trustee; 231 Soi La- Salle Street, Chicago, ill.—v, 164, p. 2287. ' v - x .... . , " Tnriinna ^ Jf? The i " /: : 1946 ,/f. October— /'/W 1943 $2,655,782 $2,350,371 1944 1945 railways- $2,243 607 $2,494,325 Net from raiiway_^-^„_ 263,794 820,485 pet ry. oper. income-^.! ; 17,437 22,176,733 2,967,999 7,127.229 7,745,219 273,542 «2,846,562 Gross fr?m From Gross Jan. / Net ■ rv oper. —V/i64, p. 621,141: 274,847 289,848 279,970 ' 24,719,787 25,598,235 , ' 1R41 > - Keystone _* _ _ : ' *< '• —v. , to $25.45 per share on 2,875,396 ' ■.•1i i w // w x. —V. "'I • , / i the 696,028 «e5 on Nov. 25, the l-The-.etock V. 164, p. liquidating vain, of the atock was $17.04 a share. was,suspended 2547. dealings on from • , International Minerals & ; / y the Curb on Dec. 2.- / ' / directors. - , Chemical Corp.—Dividends The directors have declared a dividend of 50 cents per share on the stock and the regular quarterly dividend of $1 per share on ' 4% ©n stock, preferred Dec. 13. ' * '.Distributions both payable Dec/30 to holders ' t 50 cents each were made on of record-' • " ' - ' s -V. Kiwago Gold with SEC— Mines. Ltd., / . , "T/"- Toronto, Can.—Registers^ //':\':'"-"/''"/A registration statement with the SEC "fot 1,000,000 shares (no par) common. Underwriter, Jack Kahn,New York. Offering price 70 cents a share, the underwriting discountwill amount'to 21 "cdnts a share. Proceeds will be used for exploration and development of mining property and for administrative expenses. on Dec. 3 filed a 2832. as /■)'••//!-,•',/'. /'/ /;//>■/-;/:. ' -; "'"f ■ authorized . ' now held President, (Va.) Gas Co.—Files with SEC— - / a letter of/notification with the SEC; ($10 par) common stock, to be offered at $10 a share. / used for conversion of company's facilities from manufactured to natural gas.—V. 163, p. 1569. .■ / - ; , • " ' ■■ The company will Proceeds / oil Nov. 26 filed be Funds Inc., St. Louis, Mo.—Registers with ///;////v/ . •-••-••/ ''■/./, ' /'-: ;, ' \ ,• ? ' on Dec. 3 filed a registration statement With the Managed : v SEC—. Tire .. shares Inc., St. Louis. investment. and Co., used . company SEC for 2,300.000 for capital stock. Underwriter, Slayton Offering price $5 a share, Proceeds will be, -',- / ' /. //■ '• ■//'. • (lc par) net assets of this Fund, Report— / investment company limited to bond close of the fiscal year ended Oct. , outstanding, compared with $23,- ipvestments, were $23,342,757 at the 31 and there were 2,940,175 shares 143,707 and 2,504,037 -shares a year 28. issues of p. 1873. in 164, ings V. Manning, Maxwell SEC— /: with previous.'Stockholders on Oct. 31added hold¬ high." During the year, the Fund bonds. Thirteen issues were sold or '• ■/, ■ •'/ - nhmbered 13,484—b, new redeemed.— .)///.://':-;' & Moore, Inc., N. Y.—^Registers ^://^"--/!;:,///r''vV7;//.. y:'/;/// ';>// 27 filed a registration statement with the SEC for 160.000 shares of $12.50 par common stock. Underwriter, Hornblower & Weeks, New York. Proceeds will be used to repay $1,000,000 in bank loans with the balance going into general funds. Offering price will be supplied by amendment.—V. 157, pp. 1182, 43. . * The ; company Marion ferred be Nov. Co.—Plan to Issue Prior Pre-' ■//////-/■- ."■■//■/• •■//■:"/■'. have rescinded a proposal for the issuance of Pyior and have canceled the special meeting of stockholders set for Dec. 12 at which voting on the proposition was, Power. Shovel preferred stock which had been to on Stock Rescined— directors The 164, p. 558. I ■The ^company the commmon stock June 28, 1946, and on June 30 and Dec: 28, 1945.—V. 164, p. 2547/ of - : Warren Bowden have been elected : , . common the "7" Output— company for for 5,000 shares Total , tJo New'nSrS 164, p. kwh., outstanding/; //Manhattan Bond Fund, Inc.—Annual ? X?04^ DiStribiitions of 10 cents each were made on Julyyl iQ4qPa cents on April 1, 1946, and ? output of this 29,748,000 Lynchburg . stockholder who did not notify the'corporation, on or before" Nov.*,25 of his election to receive distribution of the investment securi-ties will receive in cash payment for his stock. As of the close of busi-". Electric Co. (Ky.)—Weekly . the SEC Miller & "S3'! Fund increased from $11,403,441 to Any /■':/■. ■ ized an amendment to the corporate charter, increasing the capital stock. y///-,-:;//v ;/> Stockholders will be sent three new shares for. each one with a letter outlining all details of the split-up, A. H. Dick, said; See also V. -164, p. 2548. / -• /; been shares,. These , figures - compai-e' v/ith 'total net- assets Of $14,273",704 at the close-of the Fund's previous fiscal year on Oct. 31,'1945, amounting 3,490,661 / . to $27.54 per share on the 518(255 shares then outstanding. y , ; j/v'-'"During- <fshe same 12 months' period, total; net assets, of the Series • . : sale "of- a r // Louisville Textiles, Inc.—Stock Split-Up— be $2,450,- ^ :/t The stockholders on Nov. 26 approved the action of the board ot ' :' i. directors recommending a four for one split-up of shares. They author-; 'in the oo' I // 9,223,404 (; " 2410. p. the week ended Nov. 30, 1946, s compared with 24.918,000 kwh. for the corresponding week last year, an increase of 19.4%. Output,for the 52 weeks ended Nov. 30/1946, totaled 1,432,364,000 kwh„ as compared with 1.441,580.000 kwh. for the previous 52 weeks, a decrease of 0.6%. Electric $11,904,404. The number of-/ / International Investing Corp.—Dissolution Approved;^/ shares-,outstanding.-gained from 796,551 on Oct.- 31;, 1945, to 1,052,950 The stockholders at a special meeting held on Nov. 29 approved the * ftbe close of October this year. Reflecting the severe market decline proposal that the corporation;be liquidated and dissolved and that its ir? P f „ payiPent of a ,sp^ial ^ P P ? ?, ® assets be distributed pro rata to its stockholders,, according to q notice//TP1 sar€ 0 x t *11 ,, gains-on Oct. 19, 1946, .not asset value per v, received by New. York Curb Exchange. The transfer books for the $1 v fj?are f^c^ased to $11.31 on Oct. 31,;1946;' from $14.32 at the end of par common sfock were closed permanently at the close of businessthe Preceding year-,—v. • lb4, p. 2832? ; *'•/•/'' on-Nov. 30. Holders of the stock may surrender their certificates at;/ 7 .V : ? the City Bank Farmers Trust Co., '22 William Street, New York, N. Y,///* (Walter) Kidde & Co., Inc.—Omits Dividend— V -• to receive in exchange the cash and securities'to which they are en-1;x—- >.« on x * x 4x xu y- -j j # xu i xu/ titled in liquidation - '■ ' . " The directors on Nov. 29 voted to omit the dividend for the fourth; • 164, ) Louisville Gas & totaled Custodian Funds, Inc.—Net Asset Value— approxi-/ equal rv.' railway r' ' a income-x_ 2410. • , Net ? Combined ?ssets of the ten Keystone Funds amounted to mately $155,000,000 on Oct. 31, 1946, compared- with $150,000,000 on -, the corresponding date last year, it is disclosed by the annual reports/ of two of the/Funds, made public on Dec. 3. These are the Keystone Medium-Grade Bond Fund Series "B2" and the Appreciation Common I Stock Fund Series "S3.": Total net assets of the Series Fund amounted to $17,710,613 on/ 1946, t •' // 173,339,755 railway—/ 141,031,038 168,393*829 178,278,652 76,148,890 54,665,389 68,644,928 (_ 24.037,927 20,533,652 21,928,092 oper. income—. 12,988,200 20,126,523 from received "more A , railway from Net . v ■ _T ry. Gross - - v ' Oct.-31, : from railway-.;-— Net 818,343 l—x t railway from . "9ni„ . from )•/ From Jan. 1-—■; price, $17.75 per share. Proceeds go to selling stockholders/ Lee (4,130 Shares); Donner Estates, rjA-, share§) Higginson Corp. Scranton (640 shares) .^-V. 163, ,/ WorthingWil / International Great Northern RR.—Earnings— / Net Co., New York. /Offering pp' •//"-'■ 1946 $17,720,720 railway—$15,604,619 $14,495,977 $17,934,999 7,597,274 3,221,753 6,525,705 3,318,947 2,250,840 1,795,043 1,924,622 oper. income_i„ 1,966,407 from Gross told ' the stock-- r.nn 'in V->a finnnnnri 'thrntnyh1 nnn.' rxrivntp hnnH finnnr.illP 000, %> be financed through' new private bond financing, The stockholders also were told that the company has Tulsa, Okla.- -Files with SEC— on f 1943 1944 the series Nov. 25 filed a letter of notification with for 25,000 shares: ($1 par) common. Offering price, $1.75 re Kerite.Co., New. York—Files with SEC— Underwriter; Bonner & "Bonner, Inc., New York. Shares are being offered on behalf of Russell F. Hunt, Morris L, Bradford, and George /The company on Dec. 2 filed a letter of notification with E. Pietch, all officers of the company. ...v../.;/ /' for 5,500 shares of common stock. Underwriter, Neergaard, company / .1945 October— Purchase of ;: " The 36,590,640 11,054,040 3,888,'682 2,674,628 , Net confirmation of-government approval; of the Mich., plant to Kelsey-Hayes. The sale price will verbal" than and Vice-President 38,205,507 9,870,660 railway " - ■,<'r i' w 38,579,367 10,471,811 3,457,209 38,774,586 8,342,686 Net rv. oper. income—.. 960,493 * Deficit.—V. 164, p. 2288. , / railway from from 855,691. 134,653 ' f .4. To ^Finance Kelsey-IIayes '.Wheel Ch. " 189,022 • 3,330,117 1,552,323." 698,466 Distributions of $3 each on 23. 131,491 .4--///; Louisville & Nashville RR.-—Earnings , .''/ . 143^038!.. 164, p. 2547, —V. . 845,547 ^SD.seg . $3,695,858 $3,640,747 841,037 109,303 Plant Privately 7,823,195 1,864,922 ' railway.,V from Net ry. •?' 1—•- From Jan. Gross , 177,324 preferred-stocks and; one. of ;i$2 on the series Mc'f preferred stock were made on June 1, last. All three issues 'in 1945 received $6 per share.—,V. 164* p, 2288. .; $928 488" .152,527 98,327, $359,866 ' income--^;/ $3,682,410 699,486 1 < 1943 - / 1944 1945 ■' 1946 railway—// $3,916,550 railway ry. oper. Net "A" and series "B"; 1944 451,913 228,071 record of holders to • $1,009,282 $837,764 $920,262 282,954 JNet ry.- oper. income..! Gross ■ :' 1045 1946;/ : from Gross dividend of $3 per share on series A' 6% cumulative preferred Stock and series B 6/ non-cumulative preferred stock and a dividend bf $4 per share on the series "C" 6% non-cumulative preferred stock, all payable Dec. 2 r « -,-w -The'directory on Nov, 21 declared a lvierger Approvea—; above.—V, 164, pi 2547, 1 - • •' IUiBOis Terminal RR.—Earnings— * " < * 1,896,598 3,103,945 . 3,714,556 " 3,517.730 827",423 Net nom ralway : ,,1,241,650 , ;1, 7 ,58 .. Net ry. oper, income--^ 562,6X1 ,775,64! 8 , >, 1 . , . Merfer iviver l ower uorp. . < > , Hudson River Power f^orp 1 Net 1943 Gross from railway.... filed a letter of notification with the SEC for 1.000 shares ino par) common. Price, is bemused for working capital, raw materials and equipment,for manu-, Company on Nov. 29 From Jan..l— , /Home-O-Nize Co.,* Muscatine, la.—Files with SEC— -The F.nrnmf#s— „ ■f registrar and paving agent for an issue of $30,000,000 principal amount" of 20-year 2%% debentures, due Nov. 1, 1966. For offering, see V.: 164, p, 2691. .- <• / ; / t r /W '.< ■Z'■ 'T'"v :///':/-/--VV /, / „ „ ^ Kansas Oklahoma & Gulf Ry.—Earnings°ct°^er—" » .-,//!/, ./ol/ tlffm 19J r«7 ' Tno'nns ' 94? Q7S Net from railway.. 123,687 Net ry^ oper, income— 59,943 24,737 107,768 , been appointed trustee, York has of New Guaranty Trust Co. tM c & Gulf l?v ICansnc Oklalinnia • > i . Walker & Sons, Inc.—Trustee Appointed— October— Net from From .-Jan. lham Walker-Gooderham &. Worts, Ltd. and Hiram1 Hiram / ; Long Island RR.—EarningsGross held, it was announced on Nov. 29. action was taken; a letter to stockholders of legal proceedings made by stockholders - ^ states, because of a dissenting to an ex-change proposal being made to preferred stockholders. . .-/ If the-new preferred assue (15,000 shares of 4]/2% prior preferred' $100 par) had been approved, it had been intended to offer to present The - threat n ci~ nrpfprrpH st.ne.kholders an exchange plan on a voluntary basis THE receive one share of the new preferred plus not and not more than eight shares of common for each share preferred held. ' on the 7% preferred stock amounted to $112 a share on 1946.—V. 164, p. 1596. • whteietiynhey would Minneapolis less than six •• ments— \ ' of present Arrears •Sept. 30, '• j'' " !• i > • • !'•',- 't d ,/ ;■ 'r<' • The National City agent for The <i\«t i stock.—V. common of 22 to become transactions: Rollins $1,761,312 and stock have share and - 2,751 outstanding called been for dividends.—V, shares redemption 156, . Jan. on 81. p. 6% of of terms to 1 directors^on Nov. 22 declared ^ ■ . ■ statement with the SECT of mining properties and fpr exploration earnings net working capital..,/ under allowable the the 44,000 the and and share, $352,000 by outstanding to shares creation the City of of New York, The Manufacturers Trust and The Co. First National Marine Mid¬ in banks.—V. 164, p. 424. : • reducing from the $50 value stated share per Mullins Manufacturing Co.—Official Resigns— to ' Andrew MacLeod $8 Treasurer.—V. of retired 164, Dec. on 6 Vice President, as ' 2289. p. Secretary and- • - quarterly dividend of 25 cents per share and an extra dividend of 45 cents per share on the com¬ mon stock, par $1, both payable Jan. 2, 1947 to holders of record Dec. 12. Previously, the company paid regular quarterly dividends of 10 cents per share on this issue, and, in addition, an extra of 20 cents was paid on Jan. 2, 1946. • '/■ ■ 'y.> i"*7:".. The usual semi-annual dividend of $1.25 per share on the 5% Minneapolis & St. Louis Ey. -Earningscumu¬ lative convertible preferred stock, par $50, was also declared, payable 7; October— 1945 " 1944 7' 1946; Dec. 31 to holders of record Dec. 12. " (7 Gross from railway____ $1,382,968 $1,486,253 $1,382,866 The company also announced that holders of first preferred stock Net. from a Bank City, Co., of New York. The credit will be used for; the most it was stated, in connection with the purchase of additional in¬ vestments capital surplus in the amount of $1,848,000; ■ y. !vv :y\ :vV-x'.'-.. ,i,16.) The elimination of the resulting deficit in the earned surplus account of $1,816,378 by charging it against the capital' surplus created by the reduction of the stated value of the common stock.— V. 164, p. 2549. ■r.::;. '• -• ■ y-i-Y; '.'Y'vY/Y Jersey Trust part, with $2,200,000 from of each per New of land plus the amount of $4,162 for the period a corresponding charge against the 1946, 1946, 30, President, on Dec. 4 announced that a revolving credit of $6,600,000 had been arranged of banks consisting o^ The Chase National Bank of the York, Chemical Bank & Trust Co., Empire Trust Co., group of Bank Y Jr., unsecured First National The the Huntington, C. surplus account; neapolis of Sept. a City earnings the over with •"•■...! ,/ Ellery two-year The reduction of the outstanding common capital stock of Min¬ (5.) Mengel Co., Louisville, Ky.—Increases Quarterly Div¬ to 25 Cents and Declares Extra of 45 Cents on The "'•••: .-"vv" Morris Plan Corp. of America—Bank Loans— tjie franchise with the City of Minneapolis in the amount of $561,967, as of Jan. ,1, idend >,7;7 ments, the corresponding charge against the earned a y-'; ' • actual of excess , earned Yy,; -77.7.■ $2,000,000 with The setting up'of a reserve for cumulative coverage equal to (4.) cumulative preferred 1, next, at $102 per of amount surplus account; Jan. /''■ '■ v.u.n.,y-. ,, . Company is negotiating with James T. Chiles, Denever, who will act as their selling agent. Proceeds, estimated at $438,770, will be used for current property pay¬ capital surplus . „ by the firm of Jay Samuel Hartt; r , *■<•> -r-' >>.. (3.) The setting up of a reserve for utility plant adjustments In * Common Stock— u... . .. Moreno-Cripple Creek Corp.> Denver—Registers with The transfer of $2,000,000 from utility plant account to utility adjustments account in order to reflect the difference between cost of Minneapolis' property (after elimination of the Elmes appraisal write-up) and the original cost thereof as estimated Medusa Portland Cement Co.—Calls 6% Stock— the ■ • . The company on Nov. 27 filed a registration for 7,399,500 shares (10c par) common stock. book .the . of • ; SEC— as 1930, corresponding charge'against the a ' ; declaration a the Elmes property appraisal and by credits to utility plant account in of $8,556,402 and to reserve for depreciation in the amount in Canada. The inter¬ l, 1947, will be paid in the usual mannerly. 164, coupon due Jan. 2289. p plant & Sons, Philadelphia, in November sold at par 1,950 shares of 5% cumulative preferred stock (par $50). Proceeds go to selling stockholders.—V. 164, -p. 2411. ; 1 \ y:'-Y.:;.',\7.YY7 *N'.-vv '• ' YYYYYYYYYYYy All est (2.) May, Stern & Co., Pittsburgh—Preferred Stock Sold— H. effective The Royal Bank of Canada in Montreal or Toronto, Adjust¬ '') 1 the plant account of Minneapolis of an designated account; E. Account permitted following books the on the amount 2289. 164, p. Nov. on write-up recorded Co.—Plant "• The elimination from ,(1.) ■ , Bank of New York has been appointed co-transfer 2,200,000 shares of SEC Light Gas .[,[ respect to the With appraisal Max Factor & Co.—Co-transfer Agent— Moriday, "December 9, 1946 COMMERCIAL A .FINANCIAL CHRONICLE •r Nashville Chattanooga & St. Louis Ry.^Earnings— ' October— , 1946 ^ 1945 $2,489,982 $2,825,148 68,378 207,225 : 634,814 ' 75,250 from Gross railway..,. Net from railway.;...— Net ry. oper. income . • 1943 " 1944 ' • $3,669,891 840.010 ( Y 237,313. $3,878,915 1,525,31a 421,024 • " . From • •1943 , , . shares convert holders of first of stock preferred railway—— become record time-to Jan. on ry. than $55 share per $1.25 "400,991 95,697 "300,862 income— oper. 2289. p. accrued ' ■ unpaid and the to last.—V. 164, of amount like made was '7 Sept. 30, on ry. company 1,200 of George Nov. on shares (no Meyer A. 29 filed par) letter of a Co., from ry. 1— ' -Withdrawn— =y from from Net ry. income 164. 282. p. Net ry. ; v Michigan-Wisconsin Pipe Line vGas Line Approved by FPC— Federal The '€00 natural The Power gas Commission Nov. authorized 30 Net pipe line between Texas and Michigan and Wisconsin. . decision enables the Michigan-Wisconsin Pipe J,076 miles of line with 892 miles of branch line field in .Texas; .*•' -• ..., Line Co. build to from the Hugoton gasJ , :... . ;; - r 1—• G, Woolfolk, Chairman; Michigan favorable .economic, impact Federal -Power of, the Moaner, if supplies of obtain can for Detroit gas as steel early Jan. as 1, 1949, :' ' , to •' come. financing Exchange pletion Commission, soon as is as have work been approved the on line new humanly possible.)- by . will the Securities be rushed to Many of to serve our these charges papers prior y> customers appeared as • they entitled are advertisements in to be idence ( - All bearing the of upon the body having adverse problem the charges should power were to be and; first x''i\li: served. submitted to pn before new for .1943 $183,752 customers now on the - 255t875 at the lowest possible 24,490 - 163, p. ' 1944 $307,236 $318,940 134,158 - ;'116^68 ; 64,108 ' •: * The Civil f.klahoma :-so. Aeronautics Board case has rendered its decision in : $313,667 ' certificating this corporation to operate a and Tulsa, designating intermediate 80 between Houston Texas- new route service at Juskogee and McA'ester, Okla., nad Paris, Tyler and Longview, Texas, with non-stop privileges between Tulsa and points south. J. W. Miller, President, who made the announcement of the Board's decision, said the new route would be earliest possible date.—V. 164, p. 1211. " placed in operation at the 73,139 \ 3.978,660 ', " ||8,424 ■ .T t' ■ 1 Gross 1946 from railway.. Net ry, oper. From "»• from Net Jan. Gross railway. frdm income... 1945 i. 1,257.800 ...1,186,507 $170 009 56.806 34,920 1943 $132,094 $140,592 $141,421 31,877 45,635 45,157 19,380 26,387 26,076 1— 356,603 470,832 367,398 v ' -1946 . 7-1944 '•• 1945 ■ -''''y'.Vj,- 1—•'I'-Y'. : railway.... 1,394,376 1,440,746 1,402,364 316,122 458,713 445,054 116,789 234,428 204,227 4 ■—V. 164, p. 2289. 1,506,338 599,436 ' 305,766 ^ on p. 2S49:^^.'^*'*■ Mortgage Corp., Baltimore—Tenders Union National • r' j 1943 •' 29,950,089 74,142,523 83,557,286 15,571,770 26,017,011 28,753,907 • that has it formerly National Union Mortgage Corp.,; a sum' of approximately $750,000- available to purchase 20-year collateral trust bonds, series A, due 1954, if obtainable-at prices satisfactory to rthe-corporation. The amount so available is equal to approximately 19% of the $3,which be may used principal: amount -.v: : Y of series " A 1946. 30, , 33,746,290 195,594,618 National Union Corp;j announces 894,000 •.«T. f-. 186,225,229 85,218,595 188,216,035 143,881,868 income— • 7 • the trustee for this railroad will the be first its of kind to for Pacific Ry., first Co. 4% establish a Dec. 3, fund on $4,000,000 the road. bonds at outstanding Sept. .'Y *■ requested to be received by Mary¬ land Trust Co., agent, Calvert and Redwood Sts„ Baltimore, Mtf. not later than 5 p.m., Dec. 20, 1948.» - - • *'• • .... v •/•.* Notice of acceptance of rejection will be mailed not later than Dec 24. jV.; •- f •••»' •'}: X; 'X.-1 .• -It is expected that settlement for successful tenders will be made not later than Dec. 31, 1946, after which date accrued coupon interestwill cease thereon in the event of delayed delivery ori the part of the tenders of Sealed said bonds are . Nebraska Power Co.—Becomes •>, • to the plan, saying mortgage bonds and the Central'Branch. Union first mortgage bonds.—V. 164, p. 2411. ; "■ Light St., < 1946 from railway___ $63,314 $232,812 54,618 275,992 172,272 "53,576 90,796 income Jan. ' 261,897 Net ry. railway—. 4,985„908 4,769,364 5,612,545 5,543,543 2,233,654 2,264,724 784,241 2,883,393 3,069,868 1,062,139 1,239,233 oper. income "Deficit.—V. 866,537 shares par) common 2289. p. corporation on as Nov. 27 ($100 par) common. share. the outstanding 6% ■■ . . * Y '•'■•' , AVz% First Mortgage Bonds ' >YyY/'YYYY ■: Y: yY"Y%Y Y ""■;' gold debenture bonds, series A, due Sept, have been called for redemption on Sept. 1, 1947, at 110 and interest. Immediate payment of the full redemption, together with accrued interest to Sept. 1, 1947, will be made upon presentation and surrender of said bonds at the Chemical Bank & Trust Co., trustee, 165 Broadway, New York, N, Y. 1 The company has also called for redemption on Dec. 28, next, at 104Va and interest, all of the outstanding first mortgage gold bonds, 2022, . 164, Monroe Sales Corp., Philadelphia—Files with SEC—* company Redeemed—vY.Y" ;YY All of 1, railway.;.—_ from Net : / by the District. to Be 76,971 1— from Gross Nebraska Power Co. two years ago from its parent, American Light Co., and formally turned the property over to the, District, a public agency of the State of Nebraska. The financing was supplied by a group of 3,01 banks- headed by Guaranty Trust Co. of New York and eight Omaha banks. The $42,000,-, 000 loan from the banks will be retired early in. January, when a like amount of revenue bonds maturing in thirty years will be issued ana & Omaha Public Power 6% Debenture Bonds and $503,666 $563,039 328,376 oper. . quired ,Power 1943 1944 railway.—__ from Net ry. 1945 Publicly Owned—Y Dec. 2 passed to public ownership when; the Omaha ; •Public Power District took title (see V; 164, p.: 1726).•>-' .The Omaha Electric Committee, Inc., -a. nomprnflt-organization, ac¬ This company on sold Monongahela Ry.—EarningsOctober—- filed 6% Price, Proceeds a $100 will letter of notification" with cumulative preferred and be a preferred used factory representative Montreal Light, Heat to and share carry on the 4'/2% SEC 100,000 shares and 50 cents of business a series, due June 1, 1981. Payment will be Trust Co. the of Harris 111.—V. New Trust made at the Guaranty Y., or at York, trustee, 140 Broadway, New York, N. & Savings Bank, 115. West Monroe Street, Chicago, 164, p, 2550. the dealer. New & Power Consolidated—Partial For England Gas the week ended Nov. & Electric 29, Association—Output— the Association reports electric output The Quebec Hydro-Electric Commission has called for redemption on Jan. 1, next, for account of the sinking fund, $604,100 of Montreal. Light, Heht'& Power Consolidated 3'/2% first mortgage and collateral kwh. This is a decrease Of 544,827 kwh., or 4.12% production of 13,216,802 kwh. for the corresponding week a year ago, 1 '■ *' ' > Gas output for the Nov, 29 week is reported at 164,642,000 cU; Jy-' an increase of 12,961,000 cu. ft., or 8.54% above production of 151,- trust 681,000 cu. ft., in the Redemption—^ from railway Bet ry. oper. income... 'Net $37,871,600 i>revious.-YVJl64, yedr 1,222,708 520,499 v a -Up-YY of National Securities Series, an open-end, that* tptal-'assets^at1 market values Oct. 31,''1946; Us compared with $34,4-18,000 announces, ' ; 4% Co. RR. (50c 1944 . March-22, June 16 and Sept. 8.;— Y".YYY-. sponsors trust, investment amounted to 2,667,821 they ' indorsed the practice of. reducing the railroad's outstanding indebted- ness but felt that the action today would favor only the three specified - The Midland Valley RR.—Earnings- Y';y v1' This corporation, • .. .2,389.054 1,099,260 . railway fund for 250 October- of 15 cents each on National Securities & Research Corp.—Assets , 1,63,654. " -I 153,528 S. District Judge George H. Moore at. St. Louis, Mo; From the total a 164, ' p.";2i56. 1943 - $356,850 V \36i863 . Several bondholder groups voiced opposition Net Houston with ' Gross to makes a dividend of 85 Cents per share stock, payable Dec. 14 't<r holders of, reborjd the 15 cents dividend paid ori Oct; 12, last, $1 per share in 1946. Last jeqr, the company Nov. 20 declared common par Together the this test!-' 2858. 30.- Nov. V. the rates.—V. no ' v Francisco, Calif. j'Y" and directors on the on lines Mid-Continent Airlines, Inc.—New Route with , ne::b winter, wevhave spent or ..enlarging our standby manufacturing plant and building a new liquid: petroleum plant to aid in cutting down peak winter loads pending Completion of the new pipe line. You may be certain that this company will continue to do everything:, in its power to give the best possible service to the communities it serves merger The . bond issues whereas it should be broadened to include all outstanding issues. • ,'• •' present emergency. To take The three bond-issues mentioned in the order were the Missouri during the peak days of this and. yPacific RR. Co.'s 514%: secured serial gold bonds, the Cairo & Thebes will spend more than $2,000,000 in meet $1.25., National Malleable & Steel Castings Co.—85-Cent Div. •' ..1,815,089 . ..Pare of to holder thereof. purchase of outstanding bonds of three specific bond issues. Permission was granted after Guy; A, Thompson, the trustee,. tes¬ The office of the National Union Corp. is located at 22 tified the railroad had $64,000,000 in cash on hand and that he felt '■'..-Baltimore, Md. - •. : YY", . Y;'YYY'; Y; Y'""'' -YYYYYY'YY it would be safe to set aside $4,000,000 for that purpose. The Missouri Pacific RR. Co. previously had bought up entire bond - issues, but "■ . pipe line construction to ;! 2411. oper, authorized the; : svlrorn 1944; $213,200 : 1945 fy Bond Fund Approved— the Federal Power Commission and the issuance of the. Commission's certificate entirely supports our course of.; conduct. :7y;y It will take many months, of course, to get the new pipe line into operation. In the meantime, our company has not depended alone fnony from Net Net ry. Detroit refuted by : '' $147,855 this ; from, railway-^ Gross declared on Oct. 18 to holders of record was "f V. ineome— Jan. declared an stock, par $1, pay¬ distribution will in¬ into this company of Consumers Ice 85 Cold Storage Co., Sacramento, Calif.V-which has no connection with the Con¬ sumers Ice Co; of San Francisco, has been announced,-r-V, 163, jr% 1161- railway—_ $15,852,630 $16,947,452 $20,519,577 $19,708,457 railway__l— : "3.939,169 5,638,453 i. 8,833,985 8,754,330' oper. income— 2,622,161 ^2,352,941" 3,147,788 . 3,063,320 ry. cents which payable on Dbc. 14 been . from From This company Y The from Net 30. ; National Ice & Cold Storage Co., San ■.••—Merger— ..;YYYY"'';Y'' y: 1— p. Net com¬ act. completely v Yy ; f:, "19,575-y,.: Y 18,037." ;7'24,579. r29,552" ^ 410,854 ;*yfi,467 railway____ ..y2,88i,395 October— Gross ; throughout' the progress l:)ie Federal Power Commission. We refrained from making any reply 1,3 the advertising campaign against; us because we felt that all the governmental l945:i"' *•• "* ;i946 railway____L_ 1=64, - news-7 of the proceedings before 7 in t:' Missouri Pacific RR.—^Earnings— y;y y::,,:vy': -,;yi;y. \7':/ to and vtv". ' income oper. 50 directors have the the common Nov. other In revised The ',: long fight we were forced to make for the new project, many things were said about our company and the. motivest behind $ur effort ry. of on " ; 2411, p. ;'. Jan. from from —-V. In the harsh 164, record 263,007 y'-T .Cy.-/-' railway______ oper. Net '7 \ ry. Net or <■ plans 553,163 306,161 . railway— from, railway From For the After : "'"24)899 income___ ; from Gross •been .years 7215,331 "20,644; 1—ti Net for pipe. ' : 1 1 • • first time, large communities whose natural gas supply has 7 threatened, and other great centers of population which have/; ihever enjoyed the benefits of natural gas, are insured an ample uninter-' rupted supply for all purposes, domestic and industrial, for many we "680,952 531,643 22,776 I.4&66' 1,821,207 ' '-7-; 77","'.':Y;, 1946 > ' railway_;_ay77; $5,829 Jan. Net Commission • added ,paeans 30. The Missouri Illinois RR.—Earnings— Gross i ^decision, authorising construction of a new pipe line from Texas to Michigan and Wisconsin -will be tremendous. Industry >will. expand. Thousands of householders who have never been, able to obtain gas ®eat for their homes will enjoy new comforts: ,7V •• ' : ■< '".'ft means two natural gas pipe lines in Detroit, with <a oapacity to supply this city with three times as much gas in 1952 as was sold by •(Michigan Consolidated Gas Co., in the Detroit area, in- 1945. ' It .1,661,496 205,859 . railway,.,.;— from 32,100 ■y . 1,170,231 2411. p. 56,093 51,804 share of have to was that 26 per words, the original declaration of 50 cents extra "YY'YXUY .;v- :■••'.,• 'j; previously this year paid dividends of 25 cents each on the common stock on Feb. 2, April 25, July 31 and Oct. 30. t- ;; • In addition, a 100% stock distribution was made on'the common stock on Aug. 15 to holders of record July 25, 1946, following approval -of the stockholders on July 15 of an increase in the authorized com¬ mon stock of $1 par value from 150,000 shares, (all outstanding), ta 400,000' shares. Y;* '• •• :: (( ■X". i ■>; In 1945, the company paid $1 per share in cash arid 40% In stock on: the common stock.—V. 164, p. 283. * '' • •';;Y /M'" " $148,590 /yy;: ii,366;. •;; 21,355 Nov. on holders to extra dividend the which and 1943 1944 $176,099' 14 $1.25 of dividend Dec. clude , ,7 announced was ' Y' ;-■ 164, ••October—: r Consoli¬ dated "Gas Co., issued the following- statement :v y 7; The It able Nov; '1945 By-Products, Inc., Des Moines, la.—$1.25 Ex¬ tra Dividend Declared on Common Stock— paid dividends of ;, William • income— ♦Deficit,^—V. V ■ 5,382,463 ' 1,268.032 M,869,683 y 2,100,021 from railway 52,822 "50,000 ' ,; 533,253 ry. oper,4ncome,__ y, "146,848 -"280,571 v. 174,324 Net Michigan-Wisconsin 7 construction/'envisages an initial outlay s of $56,808,0.76, with additional construction during'the next four years, JSjaising the. total to $84,059,547. 7,595,325 2,571,152 V ' "36,711 • oper; ry. From • Net The , 5,320,578 695,305 $170,333 "13,185 Y," 43,813 railway._____ from Gross ;4-,V, -.•. 25,698,481 $152,157 ; income— oper. Net .-from $84,000,- new a 23,596,891 " Missouri & Arkansas Ry.— -Earnings— Gross y;£ r:7 y < railway„^_ October—' Co.—Texas-Mid-West y'Y.YY-yY''"y.y *-■, 482,134 ; 1946 "Deficit.—V. •"/:''V'-/.', , 851,084 National 1,021,767 -;J, railway oper; from Net ' 7:77 v"~ . ap¬ 4 $2,775,857 extra — 2289. railway—— from Dross The registration statement (No. 6648) filed with the SEC June 27 And covering 100,000 shares of common stock was withdrawn Nov. 25.— V. York; has been transfer agent of the 5% cumulative preferred stock,; $50 par in V. 164, p. 2695. •Y'Y^ 1944 . 1,598,869 ; 23,370,311 October— Statement ::-77.-7: yy^'Y-'/V; : -=, National Bank of the City of New Chase See offering value. " r railway From Jan. Co.—Registration 1945 . * $3,616,714 1,048,838 railway.— p. Net , Casting — 2,605,146 income— oper. 164, Gross , Steel The pointed was. Blanke, Jr. and Marian Blanke, both of University City,. Mo. Offering price $31 a share. Underwriter, Smith-Moore & Co., St. Louis. —V. 164, p. 2694. , ♦ Michigan Agent—.:r i; v, Mississippi Central RR.—Earnings— is on behalf on behalf of Robert L. . 3,136,556 ' 1946 from —V. with the SEC notification stock, of which 50% St. Louis and 50% common Finance 2411. p. National Alfalfa Dehydrating & Milling Co.—Transfer 4,042,207 1,4Q0,848 1,347,647 From Jan. Net The 3,609,681 981,607 $3,590,237 oper. Net Mcyer-Blanke Co., St. Louis, Mo.—Files with SEC— for '' ,1 from Gross 559. p. ' 12,288,936. 12,774,639 * 2,389,058 from Net 18, the directors declared a quarterly dividend of 25 cents per share on the common stock, payable Dec. 30 to holders of record initial distribution 2,955,040 54,906 t 13,125,660 October—.: •' Net Nov. An 164, 34,864,315 12,940,031 ,9,157.932 : 3,057,854 r •, 4,065,09® 35,563,738 7,733,245,: 1,099,095 income— •J v 32,683.770 24,191,711 railway..., railway—' oper. ; ■ • • 10. Net, ry. 337,569 Minneapolis St. Paul & Sault Ste. Marie RR.- -Earns.— ' '* t c \ . of date Dross Dec. *112,154 ; from from Net 442,448 - ' Meredith Publishing Co.—Dividend No. 2— On ' 499,393 ■•■;>•: •• :• dividends per dividends plus redemption.—V. 164, $2.10 1947, 2, common stock instead of /,On Dec. 31, 1946.. ■. yY.7' : , of later ,318,826 : Net Dec. 12, 1946, will be entitled From Jan. 1— 77y': on each three shares of 7 Gross from railwayX*-,' 11,789,492. share of the first preferred stock Net from railway 942,162 ' r" 7,7'• ' "■'•"•>■ "i: 7-V" t Net ry. oper; income..,.. The company also pointed out that the first preferred stock can be "17,366 ;7; "Deficit.—V. 164, P. 2411. .called for redemption by action of the board of directors, in whole or \ in part, at any time and from time to time, at the redemption price common receive to not stock -in Gross $1,353,050 . who • 1—' Jan. . , , ? sinking fund bonds, 1973 series, at 100. Payment will be made at of 12,671,975 below . corresponding week a year ago.—V. 164, p. 2833. . Volume 164 Number(454<> THE COMMERCIAL New England Mutual Life Insurance Co., Boston, Mass. —Continues Dividend Rate— • • ' : The directors have New York Susquehanna & Western • $12,000,000 for distribution dividends as Gross during. 1947. '/■: 1 v $290,104 "89,640 $478,495 31,922 90,723 - ry. 70,-577 10,954 income—.; oper. , Pantasote Plastics, See FfonTJah.' Gross most types of. premium-paying policies receive an annually' Net .and because company membership* will-have in* j^et approximately 25%, since 1941, the amount voted for dividend ,..; J_y distribution ! in 1947 is 42% greater than the amount paid ,in 1941 /;/; ; itehen the present' scale was first put into- effect,—V, 158, RY2193,. Increasing dividend, $454,254 207,372 210,412 Period End. Sept. 30— 94,266 1—i^ 3,788,548 838,335 "-1,450,967 railw&.y_uin'l) ; incQme_ oper ^ revenues Operations 3,418,126 4 42,7.75 , n/2412. * 164, p. 2834. 4,883,859 Maintenance. 2,116,494 2,265,697 (& Subs.)— Earnings- 1946—3 Mos.-t*4945 $2,777,656 $7,970,560 1,693,021 1,405,206 4,292,636 180,113 Deprec., > v 790,207 & repairs 61,217. depletion and amortization Taxes (other than Fed. ! 920,323 '•"*' .44,317. 188,347' income; ^ 1946—9 Mos.—1945 $2,843,022 j. ™.™_ 4,858,189 53-1,802 . Inc.-—Merger Abandoned- above.—V, Pacific Public Service Co. Operating from; railway- from Pantasote Co. •1943 '*■•» " creased *i 1944 ' Net ■.»Y'"''Y . Because t „ 1945 $411,492 from 2961 RR.—-Earnings- 1946 railway-.— Net from railway—II-!-" This compares with $ll,100,000„voted last year and will; continue dividend distribution, on the same 'scale for, the seventh' con-" secutive year. Interest at the rate ot 3% 7er will again be credited; to dividends on deposit and'to funds left at interest under settlement" options.,: October- ■ voted FINANCIAL CHRONICLE 176,839 137,62i 144,582 534,250' 138,291 403,442' $1,013,002 $2,554,006 New York Title & Mortgage Co.—Distribution New England Power 3,905,13% 540,363 * 1 $7,929,983 ' 403,673 • ■ Net'tncome from oper. $762,816 Frank"Lr Weil,' William EYRussell "and" Raymond .■ J. ! Scully, trustees,Other.; income 15,519 / This Association )n Nov. 29 announced an reports number of kwh. hours available, for .the. 11% principal distribution of $2,598,075, dreelt ended NoV. 30, pajabl^on the original, face-value .of the- series. C-2 1946 as 64,032,225,.' compared with 64,130,447 Total Income certificates; and .Y $778i335 in the -week-ended dn itoome distribution of 2% Pec.-lv 1943. a decrease of .0.15% v ; amounting'to $259,817, payable on the Deductions from, income 50,984 For the'week ended Nov. reduced- face value, 23", 1946, kwh. available was 71,715.,087p payable- Pec. 31; 1946, to* holders of record Dec. 10, Fed., income taxes (est.) "327,500 an 1946. On March 15; 1946f the trusteesi distributed12 increase'of'22.87% "over the corresponding week last year. This % or $2,914,937," on figure is r.ofc comparable, however, due to account of principal; thus making total principal distributions in j;he fact that ThatfkSglvhlg Balance' ' i,' $399,851 1'946 of 23% or $5,513,012. * Day did'not occur In the 1946' week.—'V. 164, p. 2833. ; ; : Divs. on' pfd. stock of .* ■ »; ; The Dec. 30, 1946, distributitm will'reduce the principal of the C-2 ' .subsidiary -company,. certificates .to 44%> of par. Upon New Orleans & Northeastern RR.payment of the. announced distrlbU-' held by public— 23,437 i ;'-'v "7-7 tlon total principal distributions will amount to a total of $13,529,090,' >V" October— ,4 ;VY 1945 ;' 1946 1944 1943';representing 56of the original face amount of the C-2 Net incomfe to certificates/ Gross from railway™. surplus $816,686- $1,002,375- $1,112,945 $1,283,219 During the depressionr years the-C-2 certificates sold as low as 11% of (estimated) Net from $376,414 V* .664,607 452,701 railway™^.;"v 257,363> , ,, 479,129 par.—V.V164, p. 1S35., ./., V Earns, per com. share .'{v.--/'.v.'v* ^ Net. ry„ operv ; $0.30 102,010 income—^.««;.■ 96,586' ;.; 123,829; w; 169,012 ^ —V. 164, p. 1727. ;-r;Vh- }'/■ >■ r From Jan. 1— ' v .->.-1 '* *• v • Niagara Hudson Power Corp.—To Gross from railway.--.. - 7,073,251 Pay Part of Divi-' 10,165,814 10,831,257 12,112,449 (fend Arrearages—Net from railway™™ Parke, Davis & Co.—New ' ,! 1,960,760 4,554,410 -/4,659,608 6,683,919v : ; • Association—Weekly Output— ';.s 15,895 44,639 $1,028,898 ■ $2,942,349' 45,083 $2,598,645 r . — 54,624 152,133 $2,987,432t 164,780 557,300 973,600 [,;1326,000^^'" " , . - $416,974 , $1,472,912- • . . LLi* - ■ $1,196,652" . , . 44,460 69,330 . 133,380" ' • —— $372,514 $1,403,582 ' $0.30 ■ $1,063,272 $1.28 - p ' • , . • $0.82 . - . .. •jWet ry. ?'■+—V. income™:^': 573,750 oper. " 996,440 985,975 ;■ i' 1,462,0,03. The . 164, p. 2289. directors $1.25' Nov. ,21 declared a regular the - first preferred1 stock, on1 quarter ~ ending Jan. 31, 1947, payable record Jan. 20, 1947."" t " New Orleans Texas & Mexico ; October— . . . .Net ry. $490,753 $467,244 - 41,742 income___ oper. 1945'; ,1946 , Gross from railway-™ Y Net from railway--™ ' - i; AA 194,903.. 36,201' .348,562 .- and I From 1— Jam - "" from railway.-.^ Net from railway Net ry. oper, incomei_L V. 164, p. 2290. * : .... " ........ '', * , , - j —... and ■ ' he'./dtvldmd. just Y; as, declared against $2'in bi^ingSi the 1945.—V.' 164, pnpaid dividends the' on first ^ r preferred stock, V p. total for 2050. October— Net 1946 ■' .V1 4' ' 117,328 ; . -r-v. 164; v"'':-"•!'" 'y1'.- Jh up p. 2290^ October— Gross ..: : ;. Net 169,796' A1-"-,.Vi.'iv'Y;;r ; : 635,180 alway* alphabetical alphabetical not companies in exact order. However, they are always as near position as possibla. arrange Net 952,314 1 : , •' • • . Net from New York Connecting RR.- -EarningsOctober— 1946 1945 $206,723 $177,579 Gross from railway..— -' Net from -railway \r Net ry. oper. \ 90,621 Net rv. 73,306 164, p. 2412. 1943 1^4, p. 2696.; 98,181' Vt 957,06&:v In 446,770 851,930 1,709,389 2,274,351; 1,150,080 -; company, " - 928,082, from to erect apartment an announced^ on Nov.-21. housing New^York City, railway -Y 4 1 : T" > - S.-lr/.-V.-m of ' 91,809 : New York p. ; - is Net ry. income^! oper. Deficit—'V ^ 164 c - - . *748,965 -■ Th, directors on tp.holders of Moc. record the in , . ^ mnnirf^>hi^o used in the 2 declare-, of of the the terms Dec. 13, .1946, «■ a dividend of- one of-one shminrr shilling n»r per • 1946 company, payable Dec. 27 of American shares-issued ? under' . . Hartford \ : - RR.—Officials Pro7 nicted—■ •'-..■ A:.-,;.!> V-'' Oklahoma City-Ada-Atoka Ry. a-;- ■«' ■: '* --■OYY' October—' ' " .'; Y'; ^ Assistant Vice-President, has been appointed Vice-¬ 1946 1945 Gross-from railway.-^ maintenance and engineering'fof the $84r992 Y : $84,539 New Hayen RR., effective Dec.. 1-, it was announced on Nov. 21 Net from;railway//™J: by ' =«•" V'Y1 31,832 Y * 31.832' * 24,521 Noward S. Palmer, trustee-and President.' Robert L. Pearson, Net ry.. oper; income-/^- f * •' - -8,888 ' ? ifaV-s:y;rjB.-868''.^ Oper-^ 14,043 ating Vice-President, has been made Vice-President, Executive- De-. From Jan. 1— partment, effective at the same time.—V. 164, p.' 2290. •» v Gross" from- railway_i_-* 771,148 •*". 1,005,514 t Dean W. Willey, New York Ontario & Western Ry Y:'::-'Y YY:A Gross front railway™October— 1946 Y $628,757 *' Net from railways uY Net ry. oper. income™ *67.210 *205,156 .1945 Earnings."f:. YY.'1944 $546,700 1 Net-from?raiIway_vOLl^: Y 7234,7274*7' 409,069 Net ry, oper.v income"—-J •*, ' j' 44,464 t- " 133,r8l7'Y 1943% Y. $706,677 *11,388 80,172. ;Y ♦111,241 —V. ..164, $748,035: 14,1.20' *28,769..: *118,879 .- 1943 i, from ♦Deficit—V. 164, p. • 6,098,010 ►163,149 6,829,831 178,363 *1,359,458 ; *89 0,9 4 2%12. : a.,; ; 7,925,148 7,385,135' 456,394 1,044,128" *61.2,297.:' -294,951 105% of York P. and the, 86,364 ; ^ ' Y 33,917 90,190 39,883 S. Commission announced ;*J *:>!■ ;Y^; :?Y Y'.:; - J. / : with the SEC' an • 24 that it has* 760,313 Y. >724,494. application as follows: proposes to seli to John H/Ware, 3rd, ', • second ^ - . ,Y . for redemption ori:"Jah. 2, 1947. all mortgage Yd-year debentures due 1959 ' v. f- Payment-of the, bqnds and .debentures "Will her made 1 " . ? ,- : at the Bank of bo " nominee. sub- oY ofaMfacrart? Upon the tocS'Tn 7 environs. completion of: this-sale'it is proposed to which Is owned «-•- (<■"> r?\ ■ ^r; '•f . - - • *-Tbe-registration ;statement' had covered 47,f47 "scares of 4%% cumulative convertible preferred: and' 1,182,677 shares of common stock., It -had been planned to offer the equities to present stockholders. of the -itw-o Ymergingi companies and of Astra , Realty Co., from Pantasote Co. leases its plant arid equipment. was. said, that jhe;.consolidation unsettled, economic conditions. t :No. plans for any resumption 164, consideration.—V. of p. by , York.• $2,b2,50O Co. of New held xrow Vork. by Commercial:>;Y .. , had «?»«;-& lMUa5t'0f ™°. ®"es?f common stock ($50 par> per, i ^u Ware., It,is proposed thac Vfare shall acquire the 700 share®". of fche ^raon stock of Pittston Gas Wa $160,000 4% note, of said. company due on or before Nov. 1, 1947 and a 5%' demand note of said approximate amount of $06,000 or such other amount ^ addition to-the proceeds of the 700 shares and $160,000 4%» note, Will be required to consummate the transaction company., m .the a's' with Pittston. PetroIeum Heat & P»%veif Cd—HanS to Issue Stock itt Connection with Acquisition—t f > A special consider which a" meeting 912,464 of to proposal would stockholders-has issue 1,000,000 j duction and the 1636. be' exchanged.for,the . proposal ,. - are said for Dec. ► 23 ;. to shares, common entire capital •; ; ■ called of stock of tho' ,1 CTo., Taylor; Tex;^ which Is engaged in both the' pro¬ refining of petroleum.: It was said that the investments " of 158, properties the Taylor 2365. p. ; concern ' are Y ,; ' valued in of excess ' ' , ; ' . The issue was awarded Dec. 3 on a bid of 102.289.' The other bids were: 101Y35 placed by The First Boston ing a 3.80% dividends rate. : 'PURPOSE—The proceeds of to from the Y Y ' V nam¬ j - • % sale of the new preferred stock, aggregating $30,686,700 Y (exclusive, of. accrued dividends and' before deducting expenses, estimated at $133^000) and, from the" proposed sale of $30,000,OQO. 1981 series bonds. • (exclusive of accrued before vide deducting Expenses estimated new capital for the at company's Interest * an<% $152,000). will be' used to; pro¬ planned^ construction program through 1947.Y YY t-u:Y "-v -«: ■"/' -,Y •-. :* Temporary financing for part- of the program has been provided; through $18,0%00f,000 of phoH-term loans represented by l V2 % promissory the to banks. . -These . . notes will be retired from financing* and. the balance of the provided will, be applied |to the construction program. ! new the new • . pro¬ capital1, - . ■ . . HISTORY AND BUSINESS—Company Incorporated in1 Penn¬ Oct.. 31/19.29,: by. agreement of -vfterger-and consolidation'' dated April. 13, 1929* between the' Philadelphia Electric : Cm,r Phila¬ delphia. Suburban-Counties Gas & Electric Co., Schwenksville Gas Co.,1 sylvania Perkiomen Township Gas The Cm, and^Lowerc Frederick; TbWnship Gas 00. had been incorporated in Philadelphia, Electric Co. on 1916, Pennsylvania' Ock 27; 1902^ to lease and operate' the properties of certain com¬ panies supplying electric service-in Philadelphia; the oldest of which, The Brush Electric Light Co. of Philadelphia, was formed in 1881. The - Philadelphia- Electric Co.: acquired the properties and of these companies and acquired control of Dqjaware local franchises County Electric merger v. , been additional Taylor Refining In which ■ Y.Y ' scrapped! because , been — , , „ , held to —- ceeds^ of : agreement between this company and; TextiLeather Qorp. has- been -Jierminat'edi it' -was disclosed on Nbv; 22.. The stock ^ registration statement of Pantasote Plasics, Inc.j the heW parent com-' pany,.mas been withdrawn - from- 'registration: with the Securities and, Exchange Commission. f.. • < • -I 7' ; 4 < <•' »-• Y Y.,.. eTt and incorporation of Pittston .Gas Co:. Theincqrporators Yhave : applied to the Pennsylvania P. TJ. Commission' i0* certifiactes Of Public Convenience to operate as a gas. utility in the territory-now .wrvprf t.h«: t.prrit.nw n™» served >n,: Pittston. ti« by pa-fct.™'. The incorporators v—. have alsohi®d ;a Securities Certificate with the Pennsylvania P. U, Commission riotes payable ■ .• Y Pantasote Co., (N. J.)—Abandons Merger Plan— The: consolidation t and! dissolve dividend ■ - be under . Y * actually resulting-Jn a decrease of $294,455 in capital, the proposednew "stated value of $213)00,000 may be some $2,000,000 in excess, ; or his ■ may Corp.,, and 100.9799 by Morgan Stanley & Co., both and Debs.— John, Quebec,, Montreal,, Ottawa, Toronto, Hamilton, Waterloo; WtoiiipegV1 Reginar, Calgary br Vancouver, Canada. rrVv 164,.255 \ . . the shades "represent," the, Commission explained. which t dends. 284,500 • A '.YTYY '.YT!'tV-'/Y'-; has also .called outstanding. 5%- r-Ys of the corporation to issue $28,000,000 of bonds and stook/the action' marking the second time since'194'5 tliat the company's financing plans-bave been rejected by-the Commission. ' Ghairman.,Milo R. Maltbie said,. however, that-issuance of $13,000.00^ «£ 30-year^ first mortgage, bonds and $15,000,000 of .cumulative pfe-. /erred stock will .be acceptable to .the. Commission;.' if the company* makes certain adjustments in plant accounts and:depreciation reserves;and sets' aside $50,000* monthly 'out' Of .'net'income .to. safeguard the;. new .'bonds ' But • a proposal to.. change the .company's' .outstanding' Aft 484 shares of no par. common stock having & stated value ...of *21 294 455 into 2.100,000 shares having a total par value of $21,000,000, the-' Commission said, "would not be in the public interest.",, While ©f the net assets that DisSO-' banking, syndicate Which offered to the public Dec. 5: 300,000. shares of 3,8% preferred stock (par $100)., The! Stock was priced at $104.11 m share plus accrued divi-; 1,320,576" "297,908 Co.—Calls Boiids Montreal- in Halifax,' St. . Nov. • ... .Y ©referred 164, p. 2290. f 1,350,088 outstanding 4% first mortgage 25-year sinking fund 1964-,h»e*'beeflPcilIed for redemption on. Jan, 2, 1947. at> inferest.':w company reiected proposals 4-V. Pittston „ Philadelphia Electric Co,—Preferred Stock Offered— W. C. Langley & Co. and Glore, Forgan & Co. headed a4 $161,727; the at 102 and,ihteresL New York State Electric & Gas Corp.-^-Puhlic Service New of .The ~ Commission?.- Rejects Refinancing Plan— '?' The All bonds—due J , . ^ . railway™Net" from railway™.™ Net ry...oper. income™ j • ,p.^2290.^Y Ottawa Valley' Power « ' " I From - Jan. 1— Gross /Vi f company has filed $8,000,000.—V. .J 1944 ,$140,910 • ^ ^ Y . . . . . Vs? The and President in charge of operating, ': - - National.Bank..and.Trust v New York New Haven & «. JY , _ . ; ■ 11 1 summarized t George L. ;; t> rece^xpfc of the monies front the dissolution and. liquidation .• .3338? ? ingi serial.notes;to ,of fork, proposes to-Pay ;ofl the balance- of. its then outstand-V 33,365 the amount-of deposit agreement dated June charge of agencies. 24, 1946. An initial" distribution of like amount was made on July 22,: 1946. Harrison, President, states that Mr. Weissinger comes to, "Y t Y •'-, After; deduction of the South African the Home office from the company's Minneapolis Branch, where he has non-resident shareholders tax :;,; the net distributionv ; <of the Dec. 27 Blade an outstanding record as Manager.r-V. 164, p. 2056. payment will be approximately». ^ ^ 18% ,cents A share.—V. 164, p. 2412.President . interest 100 Broads- '-22'74n*'-'' •••'i r share, on the ordinary shares Walter Weissinger has-been appointed Assistant Vice President.• He will handle agency relations under the direction of Dudley Dowell, Vice- :Y Co—Partial Redempt.' on Ded. 27, next, out of fund,. $103,000 of refunding mortgage and 314% series due 1970, at 106 and J' JoMn H- Ware, 3rd,, or his'nominee, proposes to purchase substan-' 1,076,323 1,099,072 1 35o',659tially all the property and assets of Pittston as aforesaid. -AVare haa516,610 589,765 YY'- 838 108* ;:^ed with ttl& Secretary of the Commonwealth of Pennsylvania an ap-: 'Y::'Y-r.plication for Letters Patent for , - - bonds, Power 1,260,143- redemption 1040--'.v'£Pittston-, all of the stock of YoriC. County. Gas.- Co^: and to Ray k liquidating J65'574 100,574 ■ mr ' sinking & for 5,345,93fO ;Y 5,160,188 v 5,l9t 933 '2290'7 o was said to be the more than 20 years, is Official Promotedw-^- ) ' „ f trust called 3,281,992 637,497 v $498 515 c 221 332 . ' • ceUdlo^^Oductr. . been 10,857,347 " 43,041 Payment will be made at the New. York Trust Co., trustee, we way, New York, N. Y.—V. 164, p. 2551- '( - i ."-iv 1Q44 7 104 762 Procee^ds . n,096,696 2447. p. 2834,. > Net which in 164, Pittstonr Pa., and $598 144 .:' SOaei 23 318 .frorp, railway—i ;-Y 4,162,094 from railway4^a*t"*226,1'69^ ,, sale, collateral - ;' : ' * ,.« ' ^ ' 7 * " largest real estate auction inv % I A * 1 * '1 ■ ' A subject ; to acceptance by the; 0-CeI-O, Inc^.Buffalo, N.:Y.—Files with SEC-' • * ? • directors of the Third Avenue Transit Corp. The insurance company's The company on Dec.! 2 filed'a letter of notification with the SEC for ' bid if finally accepted oy the directors of the Transit corporation, ::; 99 shares $3 dividend Is part of the New York; Life's long range equity investment program. shares common stock (par $5). Price $45 per share for nreferred anrt *»The New York Life stated that plans, for the housing development^' $6 per share for -common' will to in thp are not in, final form at this time but the development being conand sale Of manufacture ^dered ■ contemplates housing for persons in the moderate -income r ("l *' t * group, 'it- was said that the company was not at this time planning-:v; Y: T:, 'Y''v : 1Y ;Y -Y to purchase additional property in the neighborhood.. O Okiep Copper ' : Y; CO^ Ltd,—Dividend Number 2— - The *174,53%; 10,772,788 2,966,220 959,679r; 2,343,130 .,, income... the lUtion— Y ;YyA"' ;' S'"1945 Gross planning i development ,on the' property, it was; ^ (Del.)—Weekly Output— RR.—Earnings— 1946 0peYtal«mw3>X:i> Wnm Jan, From Vrfr, • J which, on Nov. 20 bid $1,600,000 for the carbarn > block "bounded by Second and * Third Avenuees and ;; in 15,170 *129,382 i ^Copies Light CO; Of PlttstOll (Pa.)—Proposed t' Co. $561,525 ."a $532,748 „ ' Y ' Streets Pa»i% ^ October—; < Gross from railway™^ 1,145,211;v Net property in the ISixty-fifth- and-Sixty-sixth 1 764 343 42,053,266 :44 178692 22,621,418 ,19,299,211c 28,019,454 eowpondwg.w^k test year, an-increase- Met ry. This 32,184,477 ~Y'-.'YY'" lUnfffittroct*..™. ¥ New York Life Insurance. Co.—Bids for Property—. 1943 $792,518; 65,345 iTSM iowSs: .1,359,572 moneys- in * 108,888: .2,514,823 2,178,670 , *229,889 railway..^.:"9,548,662 '.10,069,064 oper. tThere- hav& ( $249,669. 68,484 . 125,613,965-130,223,543 126 16,957,258 * : income™ opar. - 1944' Y $245,817 ; • 1,786,765 railway™™ Northern States Power t .60,759 242,24(7 " ; 104,069,54(7 Net ry.cper.-income^—^ 10,406,843 : *1 *174,634 J v 1944 $831,490 •.V." ■ raiiway™JC Qross from , 1 Pennsylvania Water f 'V"A 1943,lf.Y 1944. Lines—Earnings 1946 ! ~ .: "1945 $861,432 ; $739,843 ' 14,734^ 19,320 , 1— i; •Deficit.—'V. - *r from railway™™ Net ry. .... from •Vol. from railway.™ Net from railway.™—- 1943 . , it is reason* Jan. Gross-from i.552; 181.^ 2,050,135. . :' -' - railway.™ railwayl-i.!™ oper. income^i„ From ^6,954,105^^7," . NOTE*—For mechanical ^From.Jan.' 1944 - from from Net ry. „ railway..,.-. $13^)59,275" $14,046,468 $14,625,282 $14,355 891 Net from railway.^— 2,953,432 4,301,548 4,734,094 3,101 567' Net "ry. operv income—: f 2,484^747 '} ■ 4,021*671 2,608,349 4,521,838^ From Jan., 1Jan,*.I—* > ,* ';.5: ijross 1945 1- October— Gross 343,841 60,849 Northern Pacific Ry.—Earnings— 'v"1946 «?>£; 1945 New; - $871,666 139,000 43,574 1943 - ... f « •' 1944 , $"62O;554 :'i $670,850 ;23^205 ^From"Jah.A— York, for the purchase of $20,000,000 equip, .trust certificates, to be' dated Jan. 1, 1947. due $2,000,000 annually: Jan. 1948-1957.1, V. 164, p. 2412. - income... '1946 Pennsylvania Reading: Seashore ;. iQas " '$700;860- . from railway__„_k""' ^. 107,327 Neil ry.' oper, ihcome^i ^:^ / company has issued an invitation for bids to be received noon Dec. 11, at office of Treasurer, .466 Lexington Ave.^ to -Earnings- " -Earnings- Net from railway u 795,484 1,238,400 Y-wY: Nefc-ry- aPer-rincome^--r',v 13,512 :463,460 Y vY ;The possible directors. . -railwayj__: $78,018,089. $72,169,675 $86,048,421 $86,444 592: Net from .railway. .1, , 12,854,724 12,346,790 25,400,104 28,217 520 Net ry. oper. income—<, 8,483,458 4,244,069 10,054,199 ' 8,216,315 . peI^; Sr?sf ^rom l^ilway^^ ^C 6,588,422 ^ 6,416,195 1946- td" $2,50 New York; Central- RR.^Bi<Is dfl Equips. Issue— :':r; RR.- "V from . 5% '• 328,871 848,994,579 815,699,058 758,361 233,158,302 269;905,186 911,742 92,426,396 114,024,963 Gross from railway-^—• ■- r,; , to ,.m;.t Norfolk" Southerii Ry; - on Nov. 20 declared a year-end dividend of 50 cents share? on- the-no1 par value common stock, payable. Dec; 20 tOv ^ holders of record* Dec.:2: A regular quarterly-dividend Of. 50 cents per.': share; previously declared, is payable today1 (Dec. 2) to holders of Eecorcl Nov. 15«* ^ V*>t" f ■' •!* * •'■.!"?';• \ f «hare, Qctober—' Gross 31, elected , , The directors ■ Pennsylvania * - .... »' .- • ' 2,368,417" - |Ser v; ' , have been v-.v 3,822,627 3,250,726 'i of" 1 7,331,673 2,837,159' ^ i. '■'v* From. Jan. 6,252,561;', New. York Air, Brake .Co.—50-Cent Year-End Dividend ^ i\;j - . ftnd Home? C, Fritsch ■d- the holders , Gross * to for of : declared two quarterly dividends on the same of $1-25'each fpj&tji'e quarters ended Oct. 31, 1942,; 1943, each payahle on Feb.- 1, 1947 to holders ofrecord 1947. Jan. " ■'> series, 1947 * dividend issuei °L.stocte ;-. .655,339;.Jan." 20, 223,521 f Accrued 1,497,390 117,557. 5% 1, t . $722,980 * $1,024,770» ? Feb. quarterly .•'1„,0: V'.;;Tlle directors "also ■ ' Y . \ Ry.—Earnings Directors- ........ on share per and franchises Co. of Suburban-Counties and two which Gas small it and suburban subsequently Electric Oo, companies the properties purchased. had been Philadelphia incorporated in " ' a i on. May; 3/ 1927, ' 1$ merger'of' The Counties'Gas & Co., Philadelphia Suburban Gas- & Electric Co. and 16 smaller gas arid electric Companies, >all of which were supplying, or had rights Pennsylvania supply, electric outside Gas of the 1929, purchased the has company this . .* / _ ; / ' The Co.—Calls Bonds— The company is engaged primarily in the production and purchase in the transmission, distribution and sale of electricity and gas Pennsylvania. .Of -its. total operating, revenues of $100,1^0,148 for-the il2 -monthsi»epde.d?;Aug..„ 31, 1946- (including operating revenues received from subsidiaries), approximately 89% W&S ,y has called for redemption on Jan. company *' - interest its outstanding first mortgage 5% derived is, engaged U - -, transmitted on to adjoining States and Maryland., 1 ($100 paf) cumulative: Y_« ——— **.»«/ . stock series 4.4% (Company only) preferred stock—_l__ New Common stock Common — -———_——; refunding mortgage bonds: due 1967——l—.— —due 1971——-—, — series due 1974 — series bonds—-—--—-—— 2% % series 2%% series 2% % ; of the interest principal, Proceeds sale to are ------ J October— // ,> V - from railway—— from1 railway— Net „ ry., oper. Net / Y income Kay, Richards & Co Kebbon, McCormick & Co.Laird, Bissell & Meeds Y Lee Higglnson Corp— .- William Blair & Co. ; Boenning & Co Bosworth, Sullivan & Co— Alex. Brown & Sons—— 1,000 7,500 4,500 1,000 1,500 8,000 , Cooley & Co & Co — Davenport & Co* —2—— 1,000 1,000 Townsend, "• Crouter & Bodine———1,500 Dick & Merle-Smith— 8,000 R. S. Dickson & Co., Inc 3,000 & DeHaven . 1,000 1,000 ... Courts Curtiss, House & Co.—— , . - Francis L duPont & Co.— First Cleveland Corp.- Graham, Parsons & Co.—* Granbery, Marache & Lord 1,000 6,500 2,500 Green, Ellis & Anderson— Schmidt, Poole & Co,__i—I 2,500 Chas. W. Scranton & Cd.^_' 3,000 Sheridan, Bogan & Co.—/ 1,000 William R. Staats Co.^. 1,000 Starkweather & Co 1,500 stein Bros. & Boyce 2,000 Stifel, Nicolaus & Co., Inc.1,000 Walter Stokes & Co._. 1,000 Thomas & Co — 1,000 Spencer Trask & Co..—— 8,000 Tucker, Anthony & Co.— 8,000 G. H. Walker & Co 3,000 Weeden & Co., Inc.—— 2,000 Wheelock & Cummins, Inc. 1,000 White, Weld & Co.— 10,000 Harold E. Wood & Co 1,000 3,000 1,000 7,500 1,000 2,000 1,500 — The Clair S. Hall & Co.—— 1,000 Hallgarten & Co Hallowell, Sulzberger & Co. J. B. Hanauer & Co., Inc.- 8,000 3,000 Hannahs, Ballin & Lee (Inc.) Harris, Hall & Co. 1,000 1,000 :—i.„- Ira Haupt & Co 6,500 2,000 J 2,500 Hawley, Shepard & Co „ ;/ -■/ railway income... *Deficit.—V.. 164, 2448. Net from Net ry.. oper. to Aug. Gross y income from 1—" -< railway from Net ry.- oper. 1943 The its 1,237,684 1,070,540 declared have of output with ended Nov. 50 cents kwh. 187,564,000 Y share per to next, for the on Dec. Corp.—Output— served 1946,' totaled 30, v holders of record ,Y;/ ■/. .Y 27, operating companies the of week the Y $65,309 $140,084 ( : dividend a by this 206,197,000 corresponding corpora¬ kwh., as week last .: f offered 100,000 shares of , Transfer 1944 ;' ' $116,429 Graphite 1943 •. $146,243 Y 51,354 25,003 , *31,537; *13,340 California secret 1,242,035 . 18, 10,160 Y/ . 1,643,890 1,124,731 -f 6,594,818 6,104,761 1,874,592 1,528,560 2,382,863 the 2900 level the Dividend— J block / - graphite bronze with- and sizes of this pillow block were developed. In 1939 the one-piece, steel housing, self-aligning, self-lubricating pillow block was manufactured, and subsequently two other types of this pillow block were put into production. During the development of the first ,Yz ;, ■ Y'■ ■ / 1 •/ ;7^y. "7; End. •*' 7 Mos. returns & allowances goods of Cost Selling, gen. & amount Net ample to cover our loss. » company has filed claim with the insurance companies and actively endeavored over the past several months to reach an agreement as to the amount of the loss, but so far without success. The insurance companies have advanced $148,750 on account of the ; loss. The company's attorneys are now preparing to file suit to collect the balance which it considers is due. The negotiations looking toward Y 1945 $852,535 $966,062 143,560 ;• 701,355 $19,881 Y $28,006 $135,059 $28,784 561 3,644 51,060 8,317 123,689 Y 140,558 $130,157 4,902 Other income $837,315, ' 797,498 84,996 — profit ^Y Y' •>* ' Calendar Years-—— 1944 ' *' 1943 r 689,094 701,355 sold .' admin, expenses and from the 3100 level on May 9. July 31, '46 $916,508 disc'ts, . Y./Z yYU z" required. summary of earnings . less sales / - parts on almost every be applied to moving type of machine equipment where bearings are Gross " ; . products can Randall - types of manufactured and pillow blocks. v developed types of pillow blocks, a cast-iron thrust collar was for use In connection with all sizes and various ; resumed on Feb. 5; carried "business interruption" insurance in an the first self-aligning, self-lubricating pillowcast-iron housing was developed. Subsequently additional 1932 the year types / /■/ ' level was 2500 March 25; on graphite-carbon, cast iron, clutch, collars for automotive use; also oil reservoir throw-out During 1 The company By these companies. these bushings and patented oil reservoir, 1,542,347 Dec. 17, 1945, a fire in the Sunshine Mine caused a suspension production from the Omega and Rotbart areas. The suspension was until Jan. 31, 1946, at which date the 2700 level was ready for from transactions the secret process was disThe graphite process, however, is not sold. was to bearings. " y•■///YY/'y from graphite and Randall has developed special skill therein. Early in 1928 all of the outstanding stock of Randall was re¬ acquired by the principal original organizers and operators. These men, R. H. Whiteley, W. P. Thacher and E. A. Zimmerman have evet since continued in the active management of the business. '»■ Randall continued the development and sale of graphite bronze stockholders, Mr, Hanley further'said in Production of generally known 147,356 \ t Y/Y 5,839,161 closed / total production. 1918 to the middle of 1920, continued sheet lubricator, and developed new Randall, from graphite bronze bearings and graphite cast-iron automotive stem guide bushings. In June, 1920, a competitive company business r On of Randall as Dec. 28, 1918, In Delaware, to take over the Graphite Sheet Lubricator Co.,' organized in This company, under the Randall patents and a manufactured graphite sheet lubricator consisting of buttons attached to wire screen for use In Babbitt bearings. valwe $657,633 208,377 $622,017 193,445 .220,458 substance: i 1907. graphite Chicago, 111. organized was products, 1943 1944 1945 417,612 Y ' 400,HQ 1945. letter to a Co., manufacture the 402,038 226,622 • in process, porous BUSINESS—Corporation Randall of National Bank of Chicago, First AND Sales business this time for payment next month." Distributions of 10 cents per. share were made on April 30 and Aug. 30, last, and on April 20, Aug. and Dec. agent, HISTORY at In stock ($1 par) at $3.50 selling stockholders. >;■;/<>/;/// President, on Nov. 27 announced that "in view of the* /probable delay in receipt of the balance due from the insurance com¬ panies (for losses sustained from a lire in the Sunshine Mine on Dec. 17, 1945), the relatively low operating profits from production and the r /company's commitments on the work in Silver Summit, it has been decided to omit the dividend that would ordinarily have been declared 31 common per 130,555 E. Hanley, L. Offered-— The stock is being disposed of on behalf of share. 269,054 i : • / Corp.—Stock Products 55,599 $369,389 * *16,763 Polaris Mining Co.—Omits / 9.9%.—V. 164, p. 2834. Graphite *65,930 - ;s $12,271 , 10,153 Y; 8,903 5,691 The have a ■ Total would profits taxes that further nego¬ would merely result in serve , Registrar, City National Bank & Trust agent, First National Bank of Chicago. .COMPANY—Company under the of name , name the of was Bros. Hat changed in Co. to Chicago. Illinois On Portis July June 29, CAPITALIZATION AS OF SEPT. , , , stock Common board of ^ directors is to the intention declare a of Authorized cash the Outstanding of common HISTORY company of 50 dividend and cents its share, sale stock. AND 5,050 "' $23,218 *$12,291 $0.08 $0.40 $0.11 $0.08 from carryback of unused excess 1942 and 1943 to the year 1941. tAvaildividends based on 207,000 shares ($1 par) common for common able • ^tock ' ' ■ *' '* • ' ;■'• ■ 1' ' -'J CAPITALIZATION •' 'Y ' V Y / • '^ ,v, ., Authorized Common —V. stock ($1 par). — Outstanding 500,000 shs. 207,000 shs. 164, p. 2058. Red Owl Inc., Stores, Minneapolis—Registers with gEC Nov. 29 filed a registration statement with the SEC shares ($100 par) cumulative convertible preferred ($3 par) common stock. Underwriters, Piper, Jaffray & Hopwood and J. M. Dain & Co., Minneapolis. Company expects to use $800,000 of the proceeds for reduction of its bank loans. Of the remaining proceeds, It will use $500,000 for equlpmentofits office and warehouse being constructed at Hopkins, Minn., for equipment of warehouses at Green Bay, Wis., and Fargo, which it expects to construct in the future. Any balance will bes In its modernization and the expansion program.—V. 160, p. The company on for and 15,000 50 000 shares general $300,000 N,^ Dm used 2760. Reed Prentice Corp.—Registration Statement With¬ drawn— registration satement (No. 6779) filed 120,300 shares of common stock (par 27.'—V. 164, p. 2058. The NOV. Reliable Stores tvia 40 with the SEC Oct. $2.50) was withdrawn. " . business consists of the manu¬ of fur fUrprtors on Corp.—Extra Distribution— Dec. cents per share on 2 quarterly dividend of stock and also an extra dividend of declared the regular the capital record Dec 14. 1, last. against $ share, both payable Dec 20 to holders, of An extra dividend of 50 cents per share was also paid Oct. Total paid in the current year will be $2.45 per share, as in 1945.—V. 164, p. 2158. 50 BUSINESS—The Yv 621 Y profits credits for the years present per felt hats and cloth caps for men and boys, the whole¬ distribution of leather and wool gloves and mittens for men facture : ;v> 13,594 400,000 shs. payable on or about Dec. 15, 1946, on the outstanding 400,000 shares' Barbadoes Island steam-electric generating station for completion in 1948 and 1949, respectively. Each of these units will have a rated capacity of 60,000 kilowatts and a maximum effective generating capacity of 66,000 kilowatts. The expenditures on this installation through 1947 are currently estimated at approximately the , $17,823 $83,438 of $5,960 arising credits covering 23, 1946 400,000 shs. v (par $1)_—_——. DIVIDENDS—It Inc. 10, 111. — profit per share— ♦Before 15, 1914, 1946 the Industries.' Style Principal executive offices, 320 West Ohio Street, Chicago company Transfer * incorporated was Portis company of Co. ——— Net profit fNet delay in ing stockholders. : $17,962 $38,159 1,439 Federal income & excess no good purpose, and the settlement of our claim. Production since resumption of operations has been handicapped by further income deductions Income settlement have been prolonged, and it is believed tiations first of the four units planned $4,000,000. % The construction program $70,439 ; White, Noble & Co. and Smith, Hague & Co. on Nov. 19 2325. : 184, p. • . 24,000 160,073 acquired control of Randall and later changed the name to Randall Graphite Products Corp. Randall was operated by these interests until November, 1927, when the valve stem guide department of the , income Chester at for Randall . $1,437,000, units 8,565 - . . $323,401 ^ear, an increase of ,, 30,309 16,735 • 1,213,293 ?f* 1,286,585 247,241 Y 229,962 177,498 176,614 3,918,437 ; railway •Deficitr-V. has an extensive improvement program under way gas plants requiring expenditures estimated at about of which approximately $353,000 had been expended to Aug. 31, 1946. When these improvements are completed early In 1947, it is estimated that the company's effective gas manufacturing capacity will be increased by about 8,000,000 cubic feet. Work has commenced on the installation of two turbo-generator ^ at '. • 6,395, * stock, payable Dec. 1946.—V. 164, p. 1728. compared PROGRAM—The largest project In 1946. directors lined 78,366 82,718 railway Jan. Net for operation early 31, "* >r $125,913 <•. From in 1947, with a second unit scheduled for completion about a year later. The third and fourth units will be added as load growth requires. The cost of this project through completion of the first two units and related facilities was estimated during July, 1946, at about $54,000,000, approximately $25,000,000 having been expended from the date of acquisition of the land in 1941 3,727 $257,949 1 , ,, Public Utility Engineering & Service • is scheduled Y capital 20, Pittsburgh & West Virginia Ry.—Earnings— - ; .the vicinity of taxes ,,$254,221 $.754,, t . — — $$4$,693, ^ Pay 50-Cent Dividend— The the a severe labor shortage. Profits from operations have been less than the company's Y anticipated due to low production and consequent high costs. The exconstruction program consists of work now In progress on the new penditures in sinking the Silver Summit shaft have absorbed a sub¬ Southwark steam-electric generating station, located in southeastern stantial amount of cash .each month. In anticipation of receiving a Philadelphia on the Delaware RiVer, and related transmission facilities. settlement from the insurance companies, two dividends totaling $400,Present plans call for the ultimate installation at this location of 000 have been paid in 1946. Y four turbo-generator units, each with a rated capacity of 150,000 kilo¬ ; Polaris had ore reserves at the beginning of the year having a silver watts and an effective generating capacity of 169,000 kilowatts. This content of over 15 million ounces; the passing of the dividend at this station will be Interconnected with the rest of the system by three time is actuated only by ordinary business prudence, not on account 66,000-volt underground lines, two extending from Southwark to the /of adverse conditions as to quantity and grade of ore.—V. 159, p. 1151. Schuylkill Generating Station near the central part of Philadelphia, ahd another extending from Southwark to the Westmoreland Sub-;, station, in the northwestern part, of Philadelphia, via the Delaware Portis Style Industries, Inc.—Stock Offered—BrailsGeneratihg Station. :: This latter line will involve a new 66 kv. sub¬ ford & Co. and Shillinglaw, Bolger & Co. in November station and two 100,000 kva. transformer banks at the Delaware offered 100,000 shares of common stock (par Station. A fourth line from Schuylkill to Westmoreland will com¬ $1) at $6.50 plete the loop. In addition, 13.2 kv. distribution facilities are being per share. In addition 10,000 shares are being offered to installed for the supply of various substation and industrial loads in employees at $5,525 per share. Proceeds will go to sell¬ Southwark Station. The CONSTRUCTION ' income — To / / •';'. 1,438,324 i 281,753 170,167 i railway... oper. ^ /October— /' ■ Y/:?'';'-Y:.;• f;/y 1946 / Gross from railway—_ ; $468,640 Reynolds & Co.—— 2,500 Riter & Co 1 2,500 Salomon Bros, & HutzlerJ- 10,000 . > 2,000 Elklns, Morris & Co.. — ElWorthy & Co Equitable Securities Corp.Fahey, Clark & Co.—— Field, Richards & Co._~ ry, Y 2,000 2,000 8,000 Metropolitan St, Louis Co.! /1,500 E. W. & R. C. Miller & Co. 1,000 Mlnsch. Monell & Co... 2,000 Mullaney, Ross &- Co.^_—- 2,500 Maynard H. Murch & Co.— 3,500 Nashville Securities Co— 1,000 Newhard, Cook & Co—. 2J)00 E. M. Newton & Co 2,500 Paine, Webber, Jackson & ; * Curtis ———— 6,500 Phelps* Fenn & Co 5,000 R. W. Pressprich & Co.—. 8,000 Reinholdt & Gardner 1,000 from Y Mackubin, Legg & Co 2,500 Laurence M. Marks & Co— 3,500 Mason, Moran & Co.——. '1,000 Merrill, Turben & Co—2,000 Buckley Brothers ———* 1,500 Frank B. Cahn & Co.— -v 1,500 E. W. Clark & Co. —: .4,500 Richard W. Clarke Corp.— 1,000 Coffin & Burr, Inc.—,—8,000 Q. C. COliings and Co., Inc. 1,000 Julien Collins & Co — 2,000 l— Net . 1,000 . Jan. Net Hornblower & Weeks———, 8,000 1,500 ' 8,000 - Net Electric . 33,237 ' '/Y *4,264 income— from Gross ? 5,000 oper. ry. From of the several underwriters American Securities Corp— ! Additional Federal the new $9,930,000 refund to ' ;i945 !5 :: 1944 $68,106 ^ $63,942 7 $107,354 5,491 *10,492 7,252 *7,394 ; * *18,674 *3,309 ; /1946 Net Gross Unlimited ; , . 65,000,000 Unlimitedf ,- c 20,000,000 Unlimited 65,000,000 Ball, Burge & Kraus— A* G. Becker & Co., Inc Blair & Co., Inc.- taxes— 1,839,858 $275,980 $553,447 »'29,844?'H'1 14,460 31,435 ,f 28,000 137,866 370,902 198,213 surtax— $2^557,417 $3,194,474 2,136,958 508,822 7,56^'. 136 & tax (<(1943 1944'' $268,41jtri ' $521,752 profits {i, ; 591,564 • 463,336 -j-t.'^4 —L_; 37,884 ' — the stock¬ shares ' - Bioren & Co. Normal by Years Ended Dec. 31 $483,868 opers— Income Excess Pittsburg Shawmut & Northern RR.—Earnings— ' of earnings 291,744 'deductions Other tion Y 802,990 shs.) — . 14,197,010 shs.j 137,816,005 fr. income paid employee so selected/'" Nummary & adm. exp._ prof. Total before the ICC.—V. 157, p. 901. bonds is pending the and the number of shares of the new preferred stock underwritten by each, respectively, are as follows: ; ;Y,/' :'•/''"" ' '/'///■; V,Shares Y 7 y*7 '-/''j 'Y/Y';' Shares W; C Langley & Co.— 13,000 Hayden, Miller & Co.——, 2,500 Glore, Forgan & Co 13,000 Hayden, Stone & Co 7,500 A. O. Allyn and Co., Inc... 7,500 Hill & Co, —— 1,000 : Net Other Pittsburg, Bessemer & Lake Erie 5% 50-year consolidated first mortgage bonds and to reimburse Bessemer & Lake Erie for $70,000 advanced to pay off a similar amount of Pittsburgh, Shenango & Lake Erie underlying bonds and to pay a $2,000,000 demand promissory note, funds from which were used to retire $2,000,000 of Pittsburg, Bessemer & Lake Erie debentures./ Application for authority to issue 1,168,910 dividends. UNDERWRITERS—The names Bonds be would guarantee payment utilized be goods prior years . ' gen. fund requirements on sinking and the from - right to limit the number of shdfes 1 « the any /V' - v accrued and unpaid •- t Trust Co. of New of the company, in care of United States ;;; From: Jan. 1— 1 '*•',' 1 Unlimjt^ 30,000,000 Gross 'from railway 854,426 699,665 •To be sold at competitive bidding Dec. 10, 1946.•,• ; jy>.U/i Net from, railway *7,466 —; ;;,J 6,157 M-.The new preferred stock will be entitled to quarterly cumulative Net ry. oper. income *131,429 • *135,283 dividends from Nov, 1, 1946, payable February, ; May,: August and No- ; /; *Deficit—V. 164, p. 2448. vember. Redeemable in whole or in part at any time at the option of ; the company, upon not less than 30 or more than 90 days' notice by ;Pittsburg & Shawmut RR.- -Earnings mail and publication, at the following redemption prices per share: 1945 '// October— " 1 1946 if redeemed on or before Dec. 31, 1951, $108 per share; if redeemed $113,395 Gross from railway—; • $189,459 thereafter but on or before Dec. 31, 1956, $107 per share; if redeemed 1,968 Net from railway / 42,511 on or after Jan. 1, 1957, $106 per share, together in each case with ♦1981 Sell., i;' , /;;/ ■ First and , • , of. 30,000,000 >- y\ coin, stock. (cumul,) dividend pTef. $1 300,000 shs, , "v.;--. ,, to are less etc. of purchase bonds. Outstdg. 700,000 shs. 1— preferred stock———-— stock (no par): Y/ on 1 company the Treasurer, 500,000 shs. $27,472,000 Unclassified Premium '/;i York, 45 Wall St., New York 15, N. Y. . 'iM The Bessemer & Lake Erie, an affiliate, yy />•,/ Authorized J — Y.—-y/1/ , , ; //:>,7 counts, | ;'i." .l-7( ' sold and be shares 10,000 dis- -June 30^ '46 1945 : $2,249,127/ $3,596,940 sold___w 1,473,514 * 2,736,964 sale3; Cost will receive bids until: noon (EST) on Dec. 17, 1946, of $12,000,000 first mortgage bonds, series A, due Dec. 1, 1996. Each bid must name an Interest rate In some multiple of Ya of 1% and a bid price of riot less than 98 plus Interest from Dec. 1 to date of delivery of, and payment for, the bonds.1 Bids must be delivered to E. C. McHugh, Treasurer, or George Volz, Assistant The which electric energy across all or part of « i i Pittsburg Bessemer & Lake .Erie RR.—rBids for ) for electricity in northern . .tyl ■ the 6 Mos. End. Gross pro¬ 164, Wilcox 3 „ il PROPOSED FINANCING EFFECT TO GIVING ' YY ,t Preferred ■YYv/77'Y; 2834. p. Pennsylvania, Delaware, 77/'.7'z" ' 77 New Jersey, in points ; CAPITALIZATION, Y'Y'V.' the sale- of in both .the from duces ... has various contracts under the lines of other companies company northwest of-the Cranfield Pool which .and iTuscaloosa formations.—V. approximAtelyl ;lo)thiles , to are of will be for cash. The selling to select the employees to whom the may be purchased by ";/ .• 1%,' from through.,.,,O.wxiciBiiip uueciii^ ui , w ,•«(** yarious eleptric, " steam and other subsidiaries. The pripcipal^ufir Sidiaries bwp or operate production of transmission facilities footed in Pennsylvania, or in Maryland or New (Jersey, States contiguod$,:to Pennsylvania, for the production or-transmission of electric power used largely to supplement the'production, of the company's own plants., ether,,, subsidiaries relatively small in size are engaged In the sale ot'',electricity, gas or steam in limited areas in Pennsylvania, and one The which Phillips Petroleum Cp.'s No. l Artman in the western part of Adams CoUnty,'Miss., has opened a new pool from the Wilcox* Sand. •This will' 4s, located oh a 5,000 aire block owned by Phillips and is from,) spch subsidiary Maryland, offered so ^ ,.k sales All right the reserve sale the on stockholders. holders Opened—^ Phillips Petroleum Co.—New Pool "Hug¬ OF remuneration selling 2, 1947, at 100 and bonds. * v;/' and in-.southeastern uses the following trade names; "Portis hats," "Art gloves" and "Gimbel hats.V • ' , company caps," OFFERING 10,000 SHARES TO EMPLOYEES—Each of the four selling stockholders, Arnold E. Portis, Henry R. Portis, Lyon Portis and Theodore Portis, is offering 2,500 shares of common stock (par $1) to selected employees of the company at $5,525 per share. The shares so offered are not underwritten, and no commissions or other decrease of a ■' Philadelphia Wholesale Drug accrued • 3.6%^from the corresponding week of 1945.-A-V. 164, . : kwh., 126,440,000 to The / ger companjf arid its subsidiaries for the; week amounted 1946, 30, 4,740,000 kwh„ or p. 2834. ; Since its-Incorporation properties and franchise of •• • 1 1927. eight small electric or gas companies. Nov. ended Frederick incorporated in Pennsylvania on May 10, in ... , Output—^ Weekly The electric output of service or both in southeastern Pennsylvania Schwenksville Gas Co.; Perkiomen Township Township Gas Co. had each been gas or Philadelphia. and .Lower Co. ■.. ■■■ • ii ~ •' Electric to (M'dnday,. December {>;£ 1946 THE'COMMEReiAli !#^iNANCM£ CltR&NlCILE 2962 cents per and also-includes extensive additions improvements at the several electric and steam generating stations, gas manufacturing plants and to the transmission and distribution facilities of the company,, the aggregate cost through 1947 being esti¬ mate^ to exceed $20,000,000. - ' 1 - boys, and the wholesale distribution of men's and boys' summer and wool felt hats. Company was organized In 1914, and until its. operations were confined to wholesaling of men's and boys' hats and caps. Since 1918, the operations of the company have been expanded to include manufacturing and wholesaling of the items above stated. '/ ' ' ..Y • • •' hats and . ... 1918 Republic Aviation Corp.—Financing Plan Changed— the com¬ contracts. provide additional working capital required to finance pany's $100,000,000 backlog of government and commercial To IVOlume ; 164 <•■ THEiCQWMjEIfP^AIi&.piNA^GIAL'-CH^ONiqi,,? Ntimbefc 14549 disclosed Dec. 4 by Thomas'Davis/ Secretary-Treasurer." \.v. '•. >, Mr, Davis said the loan .was being, sought in lieu of a public Offer¬ ing of the company's new preferred stock, for 100,000 Shares, of which « registration statement was filed Oct, 9 with .the SEO.... Market conditions are not favorable, for such an offering now, he added. . October—\ r Net from Jan. Gross Net i 1946 Prom Jan. : Gross 1— $2,456,016 """847,092 $3,129,076 176,911 256,942 ; Net ry. 27,937,039 31,757,390 9,570,451 16,848,310 1,769,660 2,745,580 21,622,570 income— 2,436,067 oper. —V. 164, p." 2325. 5: 6,560,867 . 30,800,619 v to .organized 18,192,894 3,281,559 " Canada, ///v;;/!/./'■' ' on Dec. 5, 1946.—V. 162, p. 1519. "/.' . A cumulative preferred stock •' ;'-^ .?./• October— Gross from •■'■If" 1946;' ■; - railway™! > •Net from railway-—;— / ' $493,619 $421,652; 13,449 64,200.. , •Net ry.. oper. income.*.* 22,054 . •20,093 ' I:'^'Prbm. iAlli ; Gross from railway--^- •** $457,721 92,287 . 67,995 ' 62,146 ;r ' 26,889 Net ry. oper. - income—i. / 4,312,509 4,278,592 235,776 *63,141 331,236 71,039 *209,218 3,902,632 495,532 J 304,937 St. Johnsbury & Lake Champlain RR.—Trustee— , : are // tee under tw oseparate indentures, dated the sold, amount ; , . . . Net from railway—— Froin . 92,880"441,822 ' ' income— 97,204 Jan, .1-*-... B f 189,873. . . ; 726,849 *247,348 ! ferred stock. •Deficit.—V. 164, p. 2325. 7,605,513 13,683,052 7,268,071 1,630,113 2,288,731 16.081,863 The remaining 25,000 warrants were sold to the under- note in " N. Net from railway—— Net ry, oper. .. $258,403 $255,382 50,347 95,732 *37,932, Income— Oross from •Deficit.—V. October— Gross , 1,385,169 1,768,936 341,924 851,836 . 1945' $176,467 $299,590 2,907 *12,528 53,595 *47,330 from railway— *53,703 4,008 Net from railway-— From -Jab. Gross from Net frprn 1— railway ; > railway:!——1' . ' ' r • ' . *521,958 ■ ; . 2,503,400 41,206 Net ry. oper. income-*Deffcit.—V, 164, 2440. 1944 2,193,354 - , 1943' $257,077 ' 48,447 *7,906 ■ 2,419,028 2,235,134 99,945 133,255 562,873 *429,813 *395,885 "-*•'' • 1 28,769 , • - . ? , iN( , its CroweU,,.V(e^oh. &,Cp,^*_,T-_T—*ir-~; 10%: "for* the' common 'stock are Guaranty Trust- Co., The transfer agents New York, and Security "First National Trust & Savings Bank,,Los Angeles. The registrars for the .common-stock- are Chase National Bank, New York, and Bank of America National Trust & Savings As¬ . sociation, Los Angeles. 164,r 1637. p. * * r. ; ' City Gas A? Electric Co.—-Partial Redemptionr^Payment Trust- Co; 164, p. of will be made New- York, Commercial The at trustee, Wall 46 St., National New ' 2449. '' ;/ . York, . to book orders and market forecasts. SKF manufactures more than 3,900 standard and 500 special bearings ranging in sizes from threeeighths of an inch to four feet/in diameter, as well as railway Journal / . boxes, pillow blocks, textile spindle bolsters and tape tension pulleys. > Demand has been particularly heavy, Mr. Wollmar, said,-for spherical roller bearings, a type widely used in the railroad/oil,-plastics, rubber, -steel, printing and paper mill industries, and for ball bearings hvthe textile industry. But, he added, the market has also broadened/for other types of bearings, especially those for. deep freeze and air conditioning units,. vacuum cleaners, washing machines and other house¬ hold appliances. <■ .••-•, " To aid in meeting production schedules, he said war-worn equipment that turned out millions of r bearin'gs for • aircraft/ tanks and other war weapons is being replaced as rapidly as possible.—V. 164, p. .596;:. / ' '.';//; ,-/.,///.' / ■/t . Soss Manufacturing: Co.—-Omits Dividend--- f//', ; took no action, on. the common dividend ordinarily payable ori or about Dec„. 15,| The company had been paying /regular quarterly dividends pf, 12 % cents per share.—^V. 164, pi 1915v The directors on Nov, 19 Southeastern Greyhound Lines—Stock Issue Approved :/ —To Be Issued as Stock Dividend— / - • " Company au'thoi-ity to issue" n6t ex- ' ceeding 542,818 shares of common stock (par, SS^ to be distributed pro rata,, to; the stockholders as a stock dividend. See also: Vr,164, The ICC on Nov. 22 granted the . .. pp. 1764, 2450. :'/v./ ... 1 ,/.";;.///■..; //^/=-. .. Southern Colorado Rower Co.—Weekly. Output— Electric output of this company for the week ended Nov. 30, 1946, 2,324,000 kwh., as compared with 2,069,000' kwh. for the corresponding week last year, an increase of 12.3%.—V. 164, p. 2835. totaled (The) Southern Co.—Hearings Southern Corp. . / pany above. on Commonwealth Dissolution Plan Jan. 15. See latter ';( •'.';/./■■/■,/'• '/';//;/r ;;/-• Southern Counties Gas Co. of congi- California—PaHiarHe- './'demption-^'.1 _•;;*■ //;; ;T "' has called for redemption on Dec/ 27, 1946, at 103% of first mortgage bonds, 3%« series, due 1971. Trust Co., trustee, 464 Cali¬ Bankers Trust Co., 16 Wall York, N. Y., or at the Continental Illinois. National Bank The company ■ and interest, $51,000 Payment will be made at the American fornia St., San Francisco, Calif.,-at the St., New Trust Co., 231 So. LaSalle St., Chicago, III. Holders of the called bonds may present; & - • / for redemption to¬ them receive payment of the full redemption price gether with accrued interest to Dc. 27, 1946.-—V. 155, p. 1686. ait , . common stock. Offering price,. $50 a share. attract^ additional constructing buildings to .iis" now on th«/company$: books while special, type, bearings jare scheduled for delivery as, far ahead as Dec. 1947, according to Mr. Wollmar, who said the 18-month production schedules are tailored of such offering, will be for the account •; of Industrial Ac¬ ceptance Corp. Ltd/, up to an aggregate of 100,000 shares and, there¬ after, all sales will be for the account of the company. The names of the underwriters, together with the respective percentages, which they have,,severally agreed,to purchase of the above mentioned 30,000 shares and in which they have the right to purchase such part of. the remaining 170,000 Shares as shall not be sold by the. company, are as follows;. ■ ■.. ; / Van Alstyne/Noei & Co —./ / Johnston/ LemOn & Co. —-— '35%"' / under pany & Gulf RR.—-Earnings- 1946 $229,212 ... Net ry. oper. Income-— it ' 32,847 3,484,835 164, p. 2449. San Antonio Uvalde '•MiWiitalvs'jf 15,091 3,288,396 294,558 2,923,049 496,365 92,421 railway— Net Trom railway-—*Net ry. oper. income— " 8,430 3,203,953 1,147,693 . From'Jan. T— for , agreed to purchase an aggregate of 30,000 shares of common stock at $14.40 per share, out of the 200,000 shares of common stock being offered and have the right, until Jan. 31, 1947, to purchase at the same4 time such part of the remaining 170,000 shares of common Stock as are not sold by the company pursuant to its offer to employees, The first shares sold, whether to the underwriters or by the com¬ $265,123 44,227 par) used Sherman.—V, t)the prewar levels; he^gaid, as a result of bearing performance records Achieved in most t^pes.pf..^war.,equipment. . / r, six to, jeigh^rnqhth of orders for- standard1 size bearings principal the & Y.—V. UNDERWRITING ARRANGEMENTS—The underwriters have severally 698 : / Philadelphia, Pa., is almost triple the 1939 levels/ and manufac¬ turing schedules are now being projected 18 months into the future, Si/JV: Wollmar, Executive-Vice-President, announced on Novl .$8,,^-/\ The company is preparing for sustained demands consistently above " 1943 . SKF Industries, Inc.-^-Almost Triples Prewar Output—//^Production bf ' anti-frictioh/bearings at the company's; two plants ' 1944 to interest. Bank - V the rate of 4.88% per which was issued to Investors' Syndicate, Minneapolis, Minn., on June 14, 1946, for money loaned to the company and which; through renewal, is now due Jan. 1, 1948, may be converted, into $750,000 of 5% 10-year sinking fund subordinated debentures in ac¬ cordance with an option which- was granted to Investors/Syndicate Ry.—Earnings— will-be Sioux and . 1945 - The company has called for redemption on Jan. 2, 1947, $80,000 Of first mortgage and collateral trust $^% bonds, due 1975, at 1Q0.80 ; * 1946 $237,356 stocks prior tp; the;break in market prices late 'i at at the time the note was issued and renewed. Thompson,/trustee of this company, on Nov. 29 moved that the Interstate Commerce Commission dismiss a complaint filed against •/'/?: TO SELL DEBENTURES PRIVATELY—By appropriate corporate aciilmself and his brother, Guy A. Thompson, trustee of the Missouri V tion, the company has caused Marine Midland Trust Co. of New Pacific RR., by the Alleghany Corp., in control of the Chesapeake & York, as trustee under the debenture indenture, to authenticate and "Ohio group of railroads." --/.v deliver to it an additional $1,200,000 of debentures and has received The Alleghany Corp. had alleged that the brothers had effectuated the same and holds them unissued. The company is contemplating control 'tif the' railroads of which they are trustees without proper the priyate placement of «not to exceed $2,250,000. of its debentures, authority of the I. C. C. After answers to the complaint had been filed, which will include the $1,200,000 already authenticated and delivered Alleghany Corp. filed a "notice of withdrawal," saying the'I. C; C. had as above mentioned. Negotiations for the sale of these debentures .;; the' duty, of;carrying cn the investigation. ■■ .[ii-i'i have not as yet been commenced/ It is contemplated, however, that they Frank A. Thompson said that, since Alleghany Corp. had withdrawn Will not be sold at less than par. It "is possible that, in lieu of. the from further participation, he should not be required to defend himself ; sale of such debentures, other, funded debt to the amount of $2,250,000 In the proceeding.-yj .might be issued and sold by the; company but, except as to maturity, ;' ji];;.!;EARNINGS:FOR OCTOBER AND YEAR'TO DATE^\ it is "not contemplated that such other funded debt-would contain, October—, .1946 1945 covenants more restrictive of action by the company than the deben1944 1943 Gross from railway—. $8,472,653 $8,959,032 $10,307,298 $10,008,360 / ■ fures .contain.,^v..;' •■■//;;•.»'/' //•' //T.v' Net from railway——— 1,979,893 3,011,089 »1,670,189 ^,541,493 TRANSFER AGENTS, REGISTRARS—The transfer agents for the Net ry. oper. income— 1,505,187 315,175 1,790,879 1,857,475 series A cumulative preferred stock are Bank of the Manhattan in New '■; Prom'; Jan. I— ;v York, and Security First National Bank, Los Angeles, and the regis¬ Gross from railway 76,419,518 05,422,768 88,706,286 96,469,189 trars are Chase National Bank, New York/ and Bank of America Net from railway-*—8,637,466 24,995,542 30,319,507 30,911,471 National Trust and Savings Association, Los Angeles. Company acts Net ry. oper. income— 4,019,574 12,915,918 14,156,808 19,188,102 as its own transfer agent and registrar for the series B cumulative •Deficit.—V. 164, p. 2590. preferred stock. St. Louis-San Francisco & Texas . n " October—'"- ' • Gross from railway— close of business on Dec. / // "" ,r,.V for the most part, the lai;ge when; the company liquidated about company on Nov. 25 filed a letter of notification with the- SEC " Frank A. . pea* share's of the any Sherman industries amount • common r®alized August.—164; p. 428. Proceeds annum, !.; St. Louis-San Francisco Ry.—Trustee Asks for Dis¬ missal of Complaint— were for 2,100 shares-($50 stock. SUBORDINATE NOTE—The subordinated of $768,750 and bearing interest at • : s,uch unpurchased shares, of $14.88 stock and .stre®t> Chicago, 111., before the j of ^ $4,000,000 , , purchase 879,544shs. writers of the series A cumulative preferred stock at the time financing. , from railway 12,920,735 14,999,206 : Net from railway—.'. 3,369,619 4 6,408,005 Net ry. oper. income— 1,274,378 1,860,744 of l.l;he pro¬ coinmOh stbcjs Industrial securities..On V $Of the 95,000 warrants authorized, 70,000 consisted of. non-detachable warrants which' were issued with the series A cumulative pre¬ 571,020 191,543 . defici^n^'^n /fch^t amount (Texas) industrial Foundation, Inc.—FilOs /;;.with SEC--' -v ;. -• ;■;//• •.' ■ than $2,250,000 of additional deben¬ above shown to be outstanding; will be preferred will In Sep^.;B0, 1946 for issuance .upon the.4conypjKiojtt j^; the cumulative of the the 100,000 shares of 10, 1946. No fractional shares will be issued. /j ^ - Gross ! series account Ltd. between v.A?^w,ar^ pJi?ubin' President» states that commdn ,, " Net ry. oper. : / reserved m »f < Corp. the and the remaining 16 cents from ordinary income, on port?June 29, last, a payment of 19 cepts was made ordinary/income. Dividends" ih 1945 totaled $1 per share,, of which 63 cents was capital grain. ; The capital profits distribution Just declared will be paid in stock unless^-the shareholder specifically elects to take" cash and so notifies the City National Bank «fe Trust Co. of Chicago; transfer agent, 208 , tOf which 82,736 shares reserved for issuance- upon the exercise of stock purchase warrants on Sept. 30, 1946. ' 20,283 Mi shares ' /, /• St, Louis Brownsville# Mexico Ry.- -Earnings— 1944 1943 •/ V -lo6t'ober~f;. : V\' '.V,' 1946 ; /:'• 1945 : Gross from- railway---! .. $954,616 $lj 137,296 $1,513,760 .$1,365,092 of year, as of July 1, 1945, securing /:'■•? correspondingly' changed, .''v//■'>, following $400,000 series A first mortgage 4% bonds, due July 1, r - The amount of banks loans and commercial paper outstanding Oct. 1975; and;$300,000 41/aSv income mortgage- bonds, due July 1, 1995.— / 31, 1946, was approximately $27,370,000, all of which are unsecured. /"V.:i63,^$291,'.;^/////./^./.:^^ the sale ! folio / the .■ 39. ». .i/r.tiw i/f- AHieHcan Shares, Inc.—$1.41 Dividend—. directprs/on Dec. 2, cleclared 'a dividend of $1.41 per share on .the ®®jniJon stoekj/par $2.50, payable Dec; 28 to holders of record Dec/14. S. this amouht, $1.25 -will be paid, from capital profits realized during the '. ;• for debentures or in the event less tures $298^341 < The ■ " '$370,271 Selected * ^Deficit.—V." 164, p. 2734. i if- The proceeds received from the sale of any of the 50,000 - • '. 82^736 ■t, *The amount shown to be -outstanding as adjusted; has beeir. computed on the basis of the election by Investors Syndicate, Minneapolis, Minn., to whom a subordinated note of $768,750, due Jan. I, 1948, was issued ori June 14, 1946, to.exchange said note for $750,000 of debentures and on the basis of the sale of an additional $2,250,000 of such debentures (including $1,200,000 already authenticated and delivered but unissued). In the event such subordinated note is not exchanged . 282,152 358,166 F®!nPfny ]*as ho .present plans to acquire additional loan companies, v ^R4 ^ ts, deemed desirable at some time In the future. * p* 13b^tTi sV', /''V';:"S^v ' -v./,;.:'V:: v': ;T; 30,425 shs. , . The Old Colony Trust Co., Boston; Mass., has been appointed trus- vv for 120,000 shs. stock ($1.50 div.) ; ; ,; ; Series B cumul. pfd, stock ($1 div.)— / Common stock-(par $1 ;t2,000,000shs." Common stock purchase warrants-—$95,000 ^ 313,756 457,576 100,000 shares of common stock being offered, for the account of' the coihpany, which ,may, be /sold, will be used by the company to reduce* outstanding bank loans and Commercial'paper and for other general-corporate purposes; It Is, of course, to.,be understood, that, in the eyent all of the series A ..preferred stock ;hr comnion stock being Cffered -for 'the account of the company is not sold, the proceeds will be less than as indicated ab6ve. Outstanding Series A cumul. pfd. V;/•/// 154,653 / : $489,065 • 1943: 4,263,596 Net from. railway-—— ■ 1944 1945 $892,249 319,991 425,857 ) Acceptance the T 10-yehr sinking fund subordinated " ^ (due Aug. 1, 1955) '~i *$5,960,000 *$5,960,000 ^Cumulative preferred stock (no. par)— 400,000 shs.- . * * offered agreed that he follows: Authorized Rutland. RR.=^Earnings— I from debentures / Industrial realized additional ■:/'v.5% . t6 pay » arid' an 100,000 shares of the common, stock (par $1), are as ///;;;// . (no par) $1,048,428 $1,322,144 - .in REpORDS—T^he';estimated1 toefc"' proceeds ' W4 bie ;or series A preferred . ,; series '■* 218,252 1,398,789 . in Delaware its of ' • Acceptance Cdrp! Ltd:, as a selling stockholder/and, the sum of $2,214,970 to' be, realized by ''Industrial Acceptance jCorp. Ltd. In conneqtion with ,the sale; of the stock of Campbell Finance dOrp. Ltd./plus the cost of the 1 issuance; registration and sale of the 100,000 shares of common stock.- In the event all of the 100,000 shares of common, stock being Offered for, the acpount of Industrial Acceptance Corp. Ltd. are not purchased by the underwriters or employees. ' W! A.; Thompson/ President, has verbally : t*ad granted The Securities and Exchange Commission Nov. 26 announced that it the request of the company for permission to withdraw common Btock, i ($4 par) . from listing, and registration orl the Chicago Stock Exchange, effective af the close of the trading session . . : OF being ;i/'■/.' CAPITALIZATION—The funded debt1 and capitalization of the com¬ pany'as adjusted to reflect (1) the .proposed issuance ..and sale .of: ■;./ $2,250,000 of debentures and the exchange of the subordinated note ; for debentures, (2) th issuance and sale of an additional 50,000 shares Rollins Hosiery Mills, Inc.—Stock Delisted— : amount/which is expected to exist -C 'V 'S->- $2,200,491 710,795 • ceeds - was ;? 241,365 240,446 1,847,177 / 1,457,921 .409,858 2,959,411+ offered for its account/ after deducting estimated bxpense&; amounting td1 $'48,355 incurred ih connection with Such sale and/the sale Jof, the Tt)0,0oo shares being offered for the account^ of Industrial Acceptance Corp, Ltd;, will be approximately $2,950,000/if "all of said' share$fare sold. A portion of the proceeds, estimated at $775,000, will! be died organized in Delaware, and subsequently transferred its controlling interest in the latter to the company. These cerimrations were the two; principal- subsidiaries 'of the company until the1 Western company was merged with the company on or about JundT-1, 1946. It is the intention to -liquidate or merge the Eastern company (over 99% owned) also during the latter part of this calendar year. . The company and its subsidiaries are engaged in the personal finance business, making small" loans to individual borrowers, and pur¬ chasing retail term sales contracts originating with furniture stores and dealers in automobiles,-refrigerators and other appliances. Small loans are limited to a maximum amount varying from $300 to $1,000 under the small loan statutes of various Jurisdictions in this country and . railway™. railway—.—.. . 4i' 435,778 ' ' ^P^IcXlTON / corporation 294,613 from Net from ... < febdy^.by the company frdni the' sale of the ,50,d()6 shares of series Aj.pteferred stock and the 100,000 shares 'of cdmmoh Stock being 1943. Shortly ^hereafter, it acquired a majority of the votmg stock of Seaboard Finance>( Co. of .California. The;Wfest^fff■ ■'company held a majority of the voting stock of Seaboard Finance Corp., a 1,703,584 182,089 . BUSINESS—Company . —- ^4*115;; as ....... '"^1944 »•',./1943 ■) , i-*Net: income^.—$1,053,918' ^' $438,711 ;*« of offices operULi/ ^ AND losses Net before Interest Dec. 28, 1 $3,143,544 1,573,673 . HISTORY credifc Interest paid Tax provisions 28,490,689 - the like, and , v • ' 1943 $1,950,016 :// 487,762 , 114,151,340 51,053,772 18,849,003 with the offering ' by, the underwriters, the. company intends to offer shares of .its common stock:^to ,its employees ^and_ tp the employees.of its subsidiary and affiliated corporations.; The^initial offering price to such employees is to be $14.88 pet s^rev7^.. pany reserving the right to vary such initial offering vrice depending on general market conditions fpllowing the ^initial public. pffav• ntr- 'i i'i ♦. /\/'/ /■;///"/;'/ 1944 1945 15,949,751 P&Simultaneously Richmond Fredericksburg & Potomac RR.—Earnings ■ 7,903,590 income—.- . fbr share. : registration statement (No. 6472) filed with the SEC May 4 covering 400,000 shares of common stock (no par) has been with¬ drawn.—V. i64j p. 1125. ;//■//://////":/,i ////;; Frov, (less recoveries) Other expenses ^egatei pf The railway oper. /1945' > $62,916,553 $33,920,678 $27,414,654 $21,694,468 5,569,760 3,410,686 2,746,795 2,509,296 — . 2,440,641 1,867,205 , ~ odtober— 4,228,222,.4,871,417 . well as to its owit employ ees.Theoffering to all persons to whdm the series . A preferred stock is .offered will be on the same basis,- The initial public offering price will be $31 per share, plus accrued dividends from Nov 10, 1946, an .$1,550,000 (exclusive of accrued dividends) if all of the 50,000 shares are sold. The company, however/reserves the right.-"to; vary. the offering price depending °h gereral market conditions following the initial public offering; There Will be, no underwriting discounts ^or commissions, so that all of the. proceeds will be received py ftne( coni- Nov. Net from railway™.-.. Net ry. oper, income.,-. rv. tutions Reynolds Pen Co.—Registration Statement Withdrawn Gross from $11,240,211 Stock ,Offered-r;Vaii Alstyne. Noel & Co.; Johnston^Lemon &;Co ^and Qrowr eU, Weedon & Co. on- Dec; 2 offered f200;000i shares* of common stock (par $1) at $16 Per sha^e. J3f'the stock offered 100,000 shares are being sold on behalf of the company and 100,000 shares oh behalf'of Industrial ^Ac¬ ceptance Corp., Ltd. (Canada).: ! • / '• OFFERING OF PREFERRED STOCK—Company Intends to offer series A preferred stock to certain individuals, insurance companies, insti¬ 13 issued an order permitting Lehigh Ic^ Co. and Susquehanna Ice Co. to'dispose of their properties. Lehigh proposed to sell all of its physical assets to William C. DeRemuf'and Irvin F. JDeRemur of Mauch Chunk, Pa., for $3,000, except an unimproved lot in the village - of Upper MdUch Chunk, Pa,," which it proposed to sell to Mauch, Chunk Heat, Power & Electric Light Co., a subsidiary of Republic, for the sum of $500. ./ Susquehanna proposed to sell all of its physical assets to Harry s. Batschelet and Thomas H. Roberts of JEtenoyo, Pa.; for $5,00(ii !'Lehigh and Susquehanna now propose to dis¬ solve and to make a capital distribution of their assets to Republic. The net cash proceeds to be received by Republic are to become part of its free funds.—V. 164, p. 959. .: ;/ ,'///,/ /. ;{/ Volume of loans Gross Income Seaboard finance Co.—Common, the, business.—V. 164, p. 2589, /V Rexall Drug Co.—New Name— Bee United Rexall, Drug Co. below. ■> >:'//■", //://>; 1946' 1943 —V. 164, p. 2734. Republic Service Corp.—Subsidiaries to Dissolve-^ , .. 92,863,218 110,361*461 117,976,596 16,187,623 34,562,507 44,797,737 < from railway—- Net from railway--- . on ( 1944 l— vately—It/was announced Nov. 27 that the company has .obtained a $1,250,000 4% 15-year mortgage loan from The Mutual Life Insurance Co. of New York. The loan will be Used'to refund short term debt and to provide The SEC 1,535,415 income--,- Republic Drill & Tool Co., Chicago—-Loan Placed Pri^; • », .2,970,857 463,966 oper. Prom aircraft prders totaling more than $25,000,000, principally for. Jet fighter planes, which will be produced in the plant at Parmlngdale, L. I.. The new, order was announced Dec. 4 by the Air Material Command of the Army, Air Forces and by.Alfred Marches President of Republic./ Part of the funds will be used in, acquiring, new; tools. jThe program in¬ cludes also the purchase of government-owned equipment at the plant »t Farmingdale at a cost .which may reach $2,^0,000.—V. 164, p. 1914, ir .,..,.1945 , railway1,32Q,250 Net ry. The additional funds will .be needed because of new military Hor expansibjxpf '1946 * <■/ Vallway^—t-,, $8,966,041 $10,217,454 Gross.from ' ... CONSOLIDATED. INCpME STATEMENT,, YEARS ENDED SBF?. .30, .. Seaboard Air Line RR.—Earnings-r-, loan of '♦several millions of dollars" but'less'than $10,000,000, it; was • , '■' ! any time and • • Southern Railway—Equipment Issue •• y '• • Sold — •>, rV Blair & Co., Inc.', was awarded $7,600,000'equipment trust certifi¬ cates Deci. $ pn a "bid of 99.04 for a 1%%. coupon. There will be no public reoffering of the issue. The certifier )cates, mature serially in 20 equal' semi-annual' instal¬ 15, 1947, to Dec. 15, 1956. The ments from June shares, ■Two other-bids were received at the sale. They were: Halsey, Stuart A; Co., Inc., '99.1855 for a l7/e% coupon and Salomon Bros. & 2% coupon. a gtailway.'s purchase -of 49,500,000.- new ; ' ; • October— 1946 .. ' TO DATE ...1945- '.".// \ 1944 . "by-transferable 'subscription , . period within V the •Gross'Irom^raUway.i,. 177,576,125 212,018,062 218,876,284 203,25^265 «et from railway l-r tJet ry, oper. -incomes. —V. 164, p.:2835. 34,105,093 '-78,042,968- 14,645,^37 87,509,270 r- ■ '30,161,400 the of .-and over-all 1 been that used $52,800,000 to './ • pending.—V. 164, p. 2735. i ,results 1943 $105,888 $163,057 for the *12,331 .//' 17,149 ;>/:v 31,670 15,843 16,954 16,416 1,312,505 1,763,897 1,725,226 1,672,841 304,240 596,775 529,373 728,293 income—" 146,528 ♦Deficit.—V. 164, p. 2326 213,787 196,879 249,720 7■ from railway—'$160,139 TNet from railway-—55,037 Net ry. oper, income... ' 39,029 . From Gross 1— Jan. from : railway , the • from Net ry. railway.-—- V'f -• oper. business.• • railway "912,967 303,054 from railway-. Net from railwayNet ' - ry. directors The share *717,240 'Jy 348,6%; : Nov. on 5,997,081 6,855,940 9,431,409 21 2,808,735 declared stock, 3,348,249 dividend payable Dec. 20 to . The for 4iiare. Proceeds •erection j shares of factory *mderwritten. 20 ($10. will 4,771,231 of 40 holders ,of cents filed par) be building to purchase and - of State Street, Investment Offering real organization ¥ ; • estate of for business. Issue tire ratio of share one for-each net asset value,—V. 164. seven ± , of shares p.-2193, record held. October— Gross . . - from railway.—; $326,222 . railway--'..-- ; 54,289' pf ; estimated Inc. & exc. profs, at beginning taxes^— of . St. --'.li'i';. - >> - i.; Todd's famed Toronto and and Its outlets other in principal on Spilt—Def oh Nov. 26 adopted a resolution (splitting the common two-for-one basis which would increase the number* of a outstanding .from holders shares 300,000 shares. 600,000 to will . dividend -- '31, of 1946. cents 50 'Previous share per the on stock, present declared for dividend 30, 1946, was 25 cents per sltare. . the payable'Dec. ended quarter - , the , of first tA new- four _ \ 151^28.833,599 _j'u 10,909,430 / *$26,006,000 J$1.4G t$3.22 , r figure.lAfter deduction, of Federal taxes in the approximately 50% of total earnings, due to the fact that months a! the fiscal year* were at the aid tax rate. high.—V. 164, p. 2450.' ' • ; > ; amount ' 4,850,000 ——— share—^ . 1945 '•Approximate- : 304,030 .4,927,421 ' , 1946 Net earnings per common Sept. , RESULTS FOR 12 MONTHS ENDED AUG. 31 '3,250,000 1,862,847" 795,107 " Stock¬ vote on this/proposal at the antiual meeting to be held rI-Jan. 23" 1947. ''' 1*/'- '• f ' '*' ' '' h/ * '* • / The directors also declared for the quarter ending Dec. 31, 1946, a /|6,67M53 ' ; ■ Paul. -shares 8,208 , % , Canadian f -The directors 1, , - -" Protod-L Clares Larger Dividend— 2,805,584 : — reserves 1946 of Thrifty Drug Stores Co., Inc.—Plans Stock 'ii.7^ . 21,587,589 1— .76,90.4,570 -4—i inventory price decline ——— production kA'C .... Appraisal pf fxd. assets the on payroll systems.•- the production program of the Montreal plant, Todd's Canadian subsidiary distributor, The Todd Sales Co., Ltd., is now expanding the services available at its operating facilities in 11,193,589 "11,965,201 65,710,981 64,430,875 period... first its . . . ■ f on ■■■ 244,126 .3,245 7,277,186 income surplus ■!■' J,A"P*',T -*;% { 'V'"1' 1 / . P.V-J' v" 'T ',\ Transcontinental & Western Air, Inc.-—To Incr. Stock; . . - -t .: \ .1 5 (Figures in"Argentine Pesos) ASSETS—Cash in banks and pointed ' " 15 marketable , :V 1943 deferred charges, ,3,071,124; total,. 357,412,620. no se» counts price . 985,929 of the 1,000,000 shares ; plan for the sale deemed was The shares the The the to said: place the corporation in "It from now au¬ position to obtain a ;appear appropriate. expected that additional funds is also statement proxy war stock common when- conditions statement 'B obtained through the issue and sale of £ issue and sale of securities convertible ^ of aiready outstanding and that although additional shares had been formulated it were of advisable //additional funds • > that out thorized ' hand,. 23,655,979; on curities, 11,643,093; accounts receivable (after reserve for doubtful ac¬ of 1,813,761)/39,524,746; inventories, 183,069,350;\investments in subsidiary companies not consolidated, at cost-(equity -in .current net assets at 6/30/46—1,725,000), 2,414,397; >other investment (at -cost less reserve of 4,294,289), 100,843; land, buildings/machinery and equipment (after reserve for depreciation of 73,244,930), 93,933,088; . from ■' • $307,340 ' *7,429 $397,546 101,623 49,962 45,658 •*8,742 into stock common - *> will be through the stock." ,f or outlined TWA's transcontinental a common growth during and spice operating within the United! carrier $392,096 • 201,306 . . , . . . ' • . - " 1 ; Co. and the Prudential Insurance Co. of America' 000,000 : • • 20-year .3%%; debentures. loans in the amount of $10,500,000, added to general working $15',- will be .a • - dismissal S;rr, of the application by company »nicoramo11 shares from listing . . tion, Previously the Commission to a'atification by- two-thirds subject -preferred and the shareholders common ^action: follows to submit to and notification that the- a matter to a withdraw .v • . had of second the on granted the pre- Boston -company had $1,000,000 , A. .total. of 2,622 such tended tenders company -has applica¬ determined vote, of fts shareholders,- by holders available shares were of extent of 807*, of Jlf. 164, p. 2735. came for this from over such 100, shares offerings, each or of J100 total of and total a York New directors "the on last, Power stock, 26. Corp. above.—V. declared no dividend a , 8, June 8, . 30 Dec. 6 holders to : or 5,040 shares were were accepted to the 4,034 shares. See of r original sale, it was stated, was $30,in December, 1945, the other $10,000,000 having been added since June 1946.—V, 104, p. 1253. of , I/ Twin /: Net from Net ry. From railway $346,077 railway Jan. Net from 1—-' Enters Marine Markets— Net ry. / i\" / i railway. 3,258,193 . 279,672 operv income—/ *155,106 •Deficit.—V, 164, p. 2327. 642,750 , ^ .. 255,406 - <• ■; • r •' 4,010,968 .1,057,387 1,318,513 412,435 698,346 ,- - wy the Bates on , deliveries Oct. 31 issued a certificate permitting abandonment extending from a point at or near approximately 57 miles, in Grant and Baker company of a line of railroad to-South Counties, —V. 154, Ore. p. Baker, The estimated salvage value 1152. of the line • is ; $55 200 ' • The directors share per and the. capital An extra of 25 Nov. on the stock, ,21 declared an extra dividend of - 50 ; Motor was paid amounted on June 15 and to $3 per share/as Sept. -16, last. capital. Swht International Co., Ltd. - National, Stock S.A.C.) — Argentine (Compania Swift InterGovernment for Next ry. From Gross Net Net Increase—Offering Planned Net // 1946 railway $188,124 railway oper. 38,365 income— Jan. railway— from railway—^ oper. 5,321 2,049,530 - January— 20 holders to were Two Fageol Marine Engines, -•" •: c ■•■.•'/:/■;,.■■■• v, *. # f- t thfe i of record ' >* following Dec. 10: follows: Mar. 29 1944 1943 $181,068 $139,826 On Union Bond Fund A 7,626 39.360 On Union Bond Fund B *32,033 • 18,672 On Union Bond Fund C June 20 Sept. 20 $0.23 Payment date— 1:, p. 1,861,370 575,204 629,930 325,116 1,992,418 > On 1.687,025 $0.20 $0.20 .19 .22 .17 i ' 793,214 Fund 754,692 428,812 470,179 2327. Total t Textileather Corp.—Merger Plan AbandonedSee Pantasote Co. above.—V. 164, p. 1638. payments Fund Union 1.00 .07, 1.75 .28 .12 • -:.29 .06 — made Union Bond Fund A; on .08 .25 Sept. 25 1.75 Common Stk. Union Bond Approves 9 quarterly dividends, pay¬ 19 cents per share on Unipn Bond Fund A; 18 cents an Union Bond Fund B; 6 cents er» Union Bond Fund C; 25 cents on Union Preferred Fund, and 10 cents on Union Common Stock Fund. ", Previous payments this year were as 1945 $190,921 71,731 41,591 229,069 income 164, and in 225,' will be introduced at the., January York.—V. 164, p." 2736." v-/ PM New On Union Pfd. Stk. Fund from ry. in -v. Dec. able 1— ♦Deficit.—V. than engines, he said. and The; directors have 'declared Total against $2.50 in 1945. Ry.—Earnings- October— from marine 200 Show '?•. - Net fewer were . Texas Mexican from ? . . Union Trusteed Funds, Inc.—Distributions—/.// / 164, p. 2327. Gross of FM Boating cents usual quarterly dividend of 50 cents per share on both payable Dec. .16 to holders of record Nov. 29. cents dividends in 1946 —V. Sunshine Park Racing Association Inc. (Florida)— Stock Offered—John K. Walters & Co., Inc., Wilmington, Del. and John H. Valentine Co., New York, on Dec. € offered 60,000 shares 250 non-cumulative preferred stock ($4.80 par) and 120,000 common shares (par 100) .in.units of one share of preferred and two shares of common at $5 per unit.. Proceeds will be used for im¬ provements and working designated Texas Gulf Sulphur Co.—Extra Distribution—^ M .... » Buffalo, N-. Y., .Plants, 52 .were ,34-passenger models dual engine coaches. '"October manufacture ICC * ' September," says Mr. Arnot, "because our plant was shut down a considerable length of time dhe to delayed delivery of certain parts from suppliers," In September tl)e company delivered 88 urban', coaches, — / ' -:, Entrance of Fageol Products Co., Kent, Ohio, a .wholly-owned sub¬ sidiary into marine markets was announced by L. J. Fageol, Presi¬ dent. A marine division has been established to handle sales and f " " > 4,139,572 ' 44-passenger 36,366 I 3,004,427 and 99,470 • , ^,492 ~ . '. $382,456 81,354 Lower—Unit Deliveries V, During October the company delivered a total of 61 urban coaches, was announced by H. C. Arnot,. Vice-President in charge of fiale& Of the total, representing combined shipments of the Kent; Ohio, it 1944 ; p8,968 • ; $393,362 69,582 , , * - $335,565 , 24,502 ,;, •24,093 oper. income—» Grpss from railway— .. Sumpter Yalley Ry.—Abandonment—. The Co.—October Coach . Tennessee Central Ry.—Earnings-— 3 October—' ■ ' 1946 : 1 1945' • less bentures.--The 1000,000 - . shares ' Dec. ■ co$- |y poration has sold to the Equitable Life Assurance Society of the United States a total of $40,000,000 of de- ' not - "nection with the meeting called for Dec. 23, the v share per >z;§ . Sells $10,000,000 Additional Debentures -^- According to the proxy, statement issued to the stockholders in con- April 11 and Oct. 11, 7, 1945.—V.- 164, on Sept. 4 and ...U;/,. cents bq.-entitled; to,Yote; at toe meeting* : t , V-^ 152, p. 2085. of value, -payable par A like amount was disbursed March on 1127. p. Nov. 22 on capital and Gross from transaction. A t , . Taylor-Wharton Iron & Steel Co.—30-Cent Dividend record Nov. . '. holders accepted in full. ; 1 Properties, Inc,-~Consolidation /Approved-^ Eastern The company's second terms. The present company has accepted tenders from holders of 6,656 shares of <ts- preferred stock for purchase of such shares at $150 a share The And See ' ; ' the other Tenders for Preferred Accepted— , v System ► i • ' . » The . 30, ; its and registration «tock Exchange. . value of the Argentine peso in U. S. currency.' at Juhe 1946 was approximately 25 cents.—V. 163, pp. 1910 and 469. «v.- NOTE—The , h-,-:.y-r'/• i-r.^'-^rr,"-i-.v?"x ' ■ The balance will be the; corporation. funds /. of Suburban Electric Securities Co.—Stocks Not Delisted ''' Exchange Commission Now 25 announced the t < Proceeds applied in part to repayment of outstanding serial bank —V. 164, p. 2735. :V- * : •?;./ plant, which now becomes outside the United States, / cities. Plans for this expansion were made some time ago but were delayed by war-time conditions. • * f •' % In addition to the headquarters plant at Rochester and the new plant in Montreal, Todd also operates plants at Birmingham, Boston, Brooklyn, Chicago, Cincinnati, Dallas, Denver, Philadelphia, and 1946 » . and Press Complementing 8,546,261 . 1,360,161 ' plant concentrated Montreal 137,443 — branch tenth being stock — , . , sales organization, Bankers former the Greenbac checks and the 1945 20,078,307 • , . 27,451,985 ; securities-.^— trans, on ' share was made on. i* LIABILITIES—Bank loans, 51,726,338; accounts / States to an international carrier extended to Ireland, France, Switzerpayable, 36,099,309; dividends payable, 115,240; provision for estimated income and land, Italy, Portugal, Spain, Greece, Egypt, Saudi Arabia and North excess African countries. The company had also been certified to operate to profits tax, 13,407,692;; accrued pension fund payments, 1,854,022;. ac¬ 145,567 From Jan. 1— crued commissions and claims, 6,595,508; Palestine, Transjordan, Iraq, India, Burma, Indo China and China.accrued bonuses, wage ad¬ ? ' ' In commenting on Gross .from xailway_i--:2,934.041 justments, etc., 3,282,464; accrued interest, 639,935;- accrued 'taxesrthe. forthcoming meeting of stockholders, Mr* 4,472,197 4,474,660-3,538,548 Net from railway miscellaneous, .2,430,287; ..'other accruals, 3,750,480; deferred credits-'* Frye said: ' 267,883 1,599,312 1,891,979 1,648,380 "The proposed step is a part of our long range program and // (provision for idle season expenses), 5,509,509;'minority interest in;a Net ry. oper. income... V" - *300,844 is,on» 719,676 968,217 .1,053,725 which we have contemplated for some time. The expansion of oqr subsidiary company, 61,669;,. jeserves for inventory, price decline, .10,•Deficit.—V. 164, p, 2326. 635,951; operations since the war has entailed the acquisition of a large amount exchange reserves, 117,573,971; ' reserves for restoration of of additional equipment and the training of flight and other personnel. plant, 1,749,007; general reserves, 10,811,825; capital stock (outstanding ' • Studeba-ker Corp.—Sells Hand in hand with this has been the establishment of extensive ground! 1,500,000 shares of 15 Argentine gold pesos each), 51,136,364;- capital $15,000,000 Debentures Pri¬ facilities necessary to setting up /surplus, 53,397,392;- earned' surplus • (appropriated ito legal, reserves), vately—The corporation, through Lehman an organization-abroad.-This has Brothers, has r required: and will require substantial funds.!' 14,809,836; earned surplus ..." J<-. ' 11 * (unappropriated), 71,825,821; total, 357,placed privately with the Metropolitan Life Insurance • 412,620. , •« t> r '"y. Only stockholders of record at the close of business on Nov. 22 will ■ • -/• • Net Net ry. oper. income . 1" cents per 25 Jack Ffye, President, on Dec. 2 announced that action to. increase the .Earned.surplus at end of period——^——— 71,825,821; 65,710,981 /.authorized shares of common .stock from 1,000,000 to 3,000,000 shares •Earnings, per sare (in U, S. dollars)— J • $i.?6 ; • $1.96 ' would be sought at a meeting of stockholders called for Dec. 23, 1946. A proxy statement, explaining the purposes of the proposed increase, j,, CONSOI^DATED BALANCE SHEET AT JUNE 30, 1946 , • - . Dec. 'Todd's 19,731,991:: 18,905,724 346,316 2,681,865 dividends. pai,d on capital stock the on indica¬ , Cash the Offering ; are 1 ' Legal ., with offer Staten Island Rapid Transit Ry •Earnings— ' 1946 .1945 S 1944 ' »,■■ its Canadian of Facilities ! Corp.—Registers with SEC— stockholders In - of . the revision of -v . :— Total not ~a L are /are 24,453,899 "4,721,908 leasehold props, j.'t'M*--. -W-*.-• ■ Depreciation restored price, $10 a factory site, company on Nov. 22 filed a registration statement for 191,905 shares (no par) common. Company will whares for subscription to common will be at of m ;pa* or distribution cash on/ the ,$5; about Dec. 27. 1946 to -holders/.) Scrip certificates will be issued in lieu of frac- ;> 1946?i 10, pivide^d-~*?,j//■; ^jJ 5 ^/stock dividend a on Having purchased the jplant -and "•equipmerit''of ;,the Bankers Press of Montreal, - Canada, The Todd Co., manufacturers" of fraudchecks, Protectographs and payroll systems, on Nov. 25 /announced the establishment of a new branch plant in Montreal and 1946, remained larger than at on Doubtful:accounts Contingencies : • The , exchange stock,. payable preventing -6 Mos. End,* Cal. Year —,—- have^declared directors common •Co. ' While characteristics •Prov. created in former years not now required:" notification with the SEC stock.- .common used •*•••- letter a of v m . 30, date ——.— adjust- Earned record Co., Inc., Magee, Miss.— *>EC r '•'••'K'v;."'.1.. Reserve for Nov. company on 25,000 adjust, 10,640,436 . p$r 1946 forecast, i . to Argentine currency of the net current assets ;of foreign subs,.^.to v company Furniture r of June30,'46 after 12,437,850 2327. p. (The) Todd Co., Rochester, N. Y.~Acquisition— capital full year. be June • * 12,098,431 55,797,324 21,400,223 stock on Sept. 20, last;, ,4 ;. ' ; " v': ' / the .split-up in-June, 1946, of the $10 par common shares the basis of two new shares of $5 par for each $10 per share held, ^;' v $1.96 were - the seasonal ', ' , Interest .Exch. has not adopted a regular -dividend policy, and further dividends will depend on earnings. This company was organized in March, 1946.—V. 164, p. 733. V/ } Stanley (C. V.) Files with SEC— the to ap have expected is first half now company at loans at that due year Total Income !—— on revaluation of Net initial an 1945, the' the 109,664,698 49,272,024 "the -company .on March 20 and June .20 paid -dividends of 50 cents > 'each. Distributions of 50 cents each were also ,pia$le ;Jn e^cft quarter '-during 1945.—V. 164, p. 734. /_. -;■■ ■■■ :;v ; ..'1;///v.1 ' / "V 30, 1946, both of the latter have been substantially normally .occurs at this time of year, said Mr. Hanson. -j .Minority Interest that the of "Net loss 19,730,570 2,340,301 It is announced 31, cannot year u '••"•'•. 111,660,436 38,614,390 Prior to . ,on paper;' States -currency, United 425,600 21,571,568 the-common on 10. the depreci & amort, Standard Milling Co.—Initial Dividend of 40 Cents— Dec. the opers. '■ •Deficit.—V. 164, p. 2326. •!>er of transactions . for Prov. for >" Dec. 1,121,969 ■ 84,989,805 101,921,080 v 'the present / 11,193,589 Argentine The earnings for of position -Other income 1,005,378 22,109,448 1,057,459 ' from 1943 555,499 15,684,186 income— oper. half it presently-outstanding $2,31.6,578, $2,162,482 ■tt$ Net; Income from operations—— ". ' From Jan. 1— Gross last arrangements At Nov. as current . Prov. ::>;19'44.^i;^ 1945 $1,448,309 398,584 railway-i— 4Net. ry, oper. income ended year 1,133,621 > 16,742,636 tional shares. A '' i - changes provide indicative of the results for i, Earnings—i,;; $1,724,199 — Nek from on .5,087,111 _T^ "of record Dec. . Inc. //''■ 1946 October- Gross .from A.-/-. ';.' CONSOLIDATED INCOME ACCOUNT 6 MOS. ENDED JUNE 30, (Figures in Argentine Pesos) ;• : Spokane Portland & Seattle Ry. The loaps with Brazil and Uruguay. were they will.be satisfac tory, he added, beginning .reduced that, price 1946 per-share . - 3Net of strong;,inventories .and bank $151,174 Gross . : ; New" Zealand'and and be negotiated $1.86 considered The financial 1944 • existing bank 7-VaComparable approximately $2,790,000 to to amounts to be not ' •1945 least Australia the first half equivalent tions are that 1946 at of with , ,.4,720,826 income--/ ry. oper. "value" that understood Earnings for the share, Mr. Hanson stated. V Spokane International RR.- -Earnings— October— ■ is 1943 - $11,261,856 $11,168,82^ Timken-Dciroit Axle Co.-^~5% Stock ;i . arrangement, dates Tt 1—.'v railway—: 'v-//;:-;:"/"''- VT; 1944 , . - allied stock. " still said to be increase completed pesos, which ; A total of 700,000 new telephone connections have been made by Southwestern Bell since the end of the war and 240,000 applications aire in announced i,. 1946.:: Earnings for - pay for recent expansion costs. It already been spent this year for has ' business 1945 $9,288,986 $8,832,170 raUway V. .164, the ,-that similar contracts -will , stated Net a) -from. Oct. ■Co., 270,000 shares of $100 par common stock, increasing to 2,100,000 Shares toe outstanding common stock. • The-.proceeds would be warrants;" -The - Jan. from Net from the British Ministry of Food Jbqs new four-year arrangement with' the Argentine Govern¬ ment for the purchase of the greater part of Argentina's-exportable surplus of refrigerated and canned meats. ■ This ' The company has applied to the Missouri Public Service Commission Aor permission to issue to the parent,, American Telephone & Telegraph . Mr. Hanson nlso .} Southwestern Bell Telephone Co.—Plans to Issue Ad¬ ditional Stock to Pay for Expansion— ' additions. Gross subscription any which on lines," .to reduce to provide additional working capital.-: v completed is From • subscription price, the privilege must-be exercised and privilege may be granted have not yet The1-proceeds are to he used, for further diver-sifi-: which basis determined. 'cation «aWWjt .. share .been ■ 95,386,847 27,362,298 24,400,376 - > of the' newly author¬ shares for subscription and purchase by-shareholders some timfe' January, 1947.' The subscription privilege, if any,-will be evidenced . ■■■■ RR.—Earnings— 1946 v railway railway J 1,916,650' 2,650,307 Net ry, oper. Income-.^ ' "1,720,969 ; ' 1,343,573 ized in from Net'from The company, plans, to offer a substantial, part r ' -A.■ Gross "■ _ 1943 V & New Orleans Octpber—j . J. from, railway,.,. $18,943,322 $19,919,647 $22,120,064 $20,602,il3 Het from railway—.8,997,483 7,004,098 8,573,662 ; 8,705,281 Het ry. oper, income— 1,788,433 2,603,828 J2,643,922 2,828,292 ■■■ value, with a limitation to the effect that the increase authorized may not. be used to acquire an interest in • any other par. "•---Texas packing concern located in' the Argentine Republic, whether by acquisition of assets or shares, Joseph O. Hanson, President;- -an¬ 30." On April 1, last, the stockholders had approved the increase in capital. V . . Gross .-.Prom Jan; - Government; by * decree,' oh Nov. 6 .appVoved' an authorized capital of the corporation from 1,500,000 Argentine gold pesos per share, to 3,000;000 shares of nounced on^Nov. . EARNINGS FOR OCTOBER AND YEAR the 15 meat equipment-estimated to cost approximately ,. - •; ■ .«£ . ^ in par same so The certificates will- furnish part of Southern ■ : the Hutzler, . 4)9.799 lor Argentine increase C; $1.32 in 1945 follows: as 1.00 .04 .09 were $1.79 per share ba $1.80 on Union Bond Fund B: 85 cents on Unioa on Union Preferred Common Stock Fund.—V. (Continued 164, p. on page Stock Fund, 2451.- 3003) and 58 cents - , Volume Number 164 4549 THE COMMERCIAL & FINANCIAL CHRONICLE 2965 Stock Record New York Stock «» DAILY RANGE OF PRICES Exchange WEEKLY VOLUME OF TRADING : , YEARLY RANGE OFjSALE PRICES EVERY LISTED ISSUE LOW AND HIGH SALE PRICES Saturday Nov. 30 "'!•>■ Monday >> $ per share • '77 76% 115 9'/a •100 >; 105 •>>•/ 5% *26% 1 *92 41%' 41% *98% •18% 2i:>: > 30% ' 30 31% 30% 32%; *99% 32% 30% 31 7%> 100 ♦48 52 7% *48 ' 70 70 67% ♦40% 41 m » AO * 9%:: 9s/a 67% i *78 29% 6 % 6% •/>• ;>:■> eyB tr:t; ;;u 89 y2 I'.i! <}■ t> i'44%4'1; 44 *105% 107 22% >: *108 ! 109 H 20 20 23 > «'v 23 Va *97 ■ 109 ♦97 i 101 43% 6 % : 1 i; 6 >' 227/a y *97 n,,: Va 5% >•" 5% *15% 18% 18% 5% 5% •;107% 107% 18% 18% 6 : 107% 21% i . 21% 21 y8 98 43% > 97%, 42 42 • 7% *50 r v'v ;*106 111 •>\*ii > 20% \y, >♦49% 10% *112% 114% *113% 115 8% r Hi 10% 11 12% > 26 7% > •106 >*11% :"13Vft 24% 25% - 12%' 25% . yyy 113 ;?• 22 *11 ;?•?: • 11% 11% 25% 114% .114% 113 26% *113% ; 18 K *ii% 5% > 107 32% 42%:, 25% 115 ' 11,500 >:; 132% Mar 20 40% Jan Sep 19 164% Jun 14 17 % Oct 10 34% Apr 22 20% Sep 20 32% Jan 28 98% Dec 5 108 41% Nov 22 75 l 5V2 Sep .13% Oct No par 40 1 4 . 10 5Va Oct 90 Sep 50, > , 44% Oct 8V4 Sep 100 99% Jan No par 30% Jan Deo Deo 10% Jan 19% Nov 29 2% Jan 8~% 96 Jan *117% Nov 20% Jan 46 Nov 38% 91 28 63 28 21 Deo Jan 50% Dec 10% Dec 58 Dec Mar . 4 *0% 187/8 Mar30 118 May 10 '-22% Nov 22 44% Jan 15 May 22 Jan 14% Dec 103 Nov 70 Jan 9 Jan 7% Jan 14% Oct 26 Jan 41% Dee 108 Jan 5 28 Sep 11 > 119 109% Nov Jan 47 Jan 35% Nov 3 24 / Mar 5 15% Jun 111 •7 6 16% Jun - Oct 29% Nov 27% Deo Jan. 9% 9% Sep 9 11% Mar 12 100 Deo Jan 1 111.^ Locomotive preferred 18% 12% Jan 2 32% Dec 42 149 '118 May 11 55% Jan 9 10 /o par 156% Dec 3% No par of American 1% 1, new non-cum preferred Internat Corp JanH Jan!' , 129% May 15 44% Apr 15 10 5% Oct Oct Deo 67% Dec 127 Nov 15 14 % Jan 11 37% Sep l ; 112% 129 1 10 23% Jun. 10 Co Deo 28% Aug .8 10 10 SS ! 112% Mar j < 13% Jan'1 July 10 11% Feb 17% Nov 21" No par Oct Jan 17 Jan;! 96 . 55% 135 • Jan 27 Jun ' Jan; i 39 110 Sep Co 183% 1 Oct 200 16 10 18 Invest Oct 10% Aug 89% Feb Feb 100 Amer Mar 128 1 106% Jan Jan X41 Sep 11 150 No par American Deo 17% Feb 9 No par Home Products American Ice 100 Jun 23% 72% May 28 No par 10 American 1,600 > Deo 80 10 $6 >> 6% 12% 41% 15% Aug 210% Mar 29 A . 20% Jan 12 20 Deo 69% 64% Apr 18 xl37 21 Va Nov 21 100 43 Jan 10 Jan 120 stamped Dee Dec T—— —10., American Hide & Leather 6% conv preferred 6,100 10% *110% 6oo < $7 preferred $7 2d preferred > 30 96% Oct Sep 11% 71 14 88% Jun " 30 Nov 25 preferred American Hawaiian ; ;r 1,600 - *11% y Oct 35 Jan 10 Nov 22 . Jan 3% 104 % Sep Co European Sees American Export Lines Inc Amer & Foreign Power 3,100 ■'8% 111 :X24% 115 : 7% XlO% .12% ■>>! ;26% 200 52% , 327/a i> ■8% *106 • 6,500 42 100 Amer 600 22%;?- 188 No par Amerfcan Encaustic Tiling 2,400 10,200 -79 , No par preferred Chicle Colortype 2 30 May 16 5% Oct 30 100 .Amer Distilling.; Co .< 400 ; 96% 7% : > ; 1,100 107 *49 >•■•' 9 .1,900 18% > 6% ♦41% > >•■> 16% 21% v., io 6 > *95 y4 11% 12% •^24% conv 45% Jun 129 No par Chain & Cable Inc American 30 36% Oct Fdy— Dec Jan 28 72% Oct Dec Deo 24% Dm 36% Dm 48% Deo 104% Deo 56% Deo 19% Apr 24 68 Nov 29 12% Nov 27 preferred non-cum 5% - 44 5% ♦16V4 ■>>> in *11% > Am 280 ' 98% 44 . 7% • 1% & 194 , 53% Jun 11 - Dec 25% Jan 102% 38% 42% Deo 106 27% Aug 20% Jan July 29 ;: 62% May 31 95% Nov 4 21 ; 100 > Car Jan 153% Mar 63% May 27 108 Jan Jan; 13% 20 1 American Crystai Sugar 4%% prior preferred 33% *8% *106 American ..." 22% 15% Dec Jun 1 Deo 74 01 July 30 Aug 1 23 25% Oct Dm 80% ■ 43% May Nov Nov V% Jan y 57% Nov 22 25 Preferred ;;; ; 27 , Jan 66 26 37% Nov 22 IOO 84% Apr 25 01% May 29 9 Dee Dec 9% Jan 39"% May 27 12% Apr 25 •> Corp .-r?*"'- 700- *98 52% >>,- 32% 8% >■• 8% ill ♦106 > - Radio Jan 2% 75 1 23% 41% 7% & 15% 28 9 50 American 21%'; *48% preferred Cable ' Jan 1 10 No par American Can 122 6% 10 10 Co___ 50 Jan 64% Sep > 100 Corp Shoe Jan Oct 1 V> :>>>> 1,600 96% 41% 7% 52 Bosch Brake Amer * 8 *95 32% :/33y-.y :;y >'■ i s American >; : Airlines Sep 6% Oct 44 - No par 3%% cum conv pfd American Bank Note ,6% preferred Am 25 50 Doc 28 Jan 113 91% Nov 25 Inc Co 17 98% 61% May 28 30% Nov 22 100 Dec Deo 34% Nov 11% Dee 69% Jan 99% Nov 25 No par 1 11% 47% 38% 29% Jan 28 39 Jan 30 100 ! Jan'! Apr ' 6 5 No par Dm 13% Mar 212%Jun 18 No par Corp... Dec SB 32% 8 30 isy4 Dec Dm 17% 82 10 'Oct 114 - 29% Sep 19 31% Nov 22 . . 154 No par : 19% > 107 20% 96% 7 % ■> •• 5% 4,000 136% 18 107 42% *48% 12% 25% 24% 1 21 96% 32% :> 8% iiivrIt 6% • 109 135 .16% 18 400 3 -i Jan 22% 51% May 27 103 Aug 7 8% Jan 28 10 17 y4 Oct par"5 Inc__: 19% 44 *16% 107 > i ♦42 52% 32% 8% -;.:y ♦106 '. 41% 7% ' a- •106 97 41% 7% 33 24 *108 ;;5}'>v ';>; ' 3,400 V ;->;• ' 98% !> *43 / 18% 5% 21% *95ya : - 51 32% >>:8% ■> 11% »U% / y 7% ♦49 y4 50% 33% '33% «*8% > 9% 98% ; Co %» /> 23% 23 . 16% 18 I 107 • 7% ■ >'» 23% 19% ! 6 /16% ; .5% 106% •2i y2 97 y4 ♦96 *42% • » 5% 16% 18% i 6 ; > r 730' 44 *" '..n* 6 A. *15% "16% *106% ; 44 189 Va ; 104- 1 .No Agricultural Chemical_No par American 16,100 3,100 ' . Dec 3% Oct Highest J per share Apr. 25% Mar 30 12% Feb 21 " Jan 9% < 8 59% Apr 135 Sep 19 Nov > 92 > ■ 18 Year 1945 < 60 1 68% Jun 3 41% Jan 28 20% Feb 1 21 Oct . 25 100 preferred Petrol Corp 5%% f Nov 5 5 conv Amer ' 133 6% ;; ., preferred 6% 1,600 5,200 • 33 Feb' May 28 24% Feb 24% Sep 19 9y8 Nov 27 104 ■ 1 Amalgam Leather 30 : > 88% ♦188 ' 135 98% • 6% 104 109 • >>> 4 . 10 >■ Co__— Stores 4% Amerada > 16,200 13% i 10 44% Jan 100 Allis-Chalmers Mfg 3% % cum conv pfd Alpha Portland Cem 800 1,800 58,600 41% * •' > 2,800 >>v. 3,300 y 77 >>43% > • ■ :> :> 87% > ■; 23% 135 22% 42 *18% > *108 ; *130 >;> '44 105 ♦95% 16% - *43 Va 22% 42 •16% '•> > 109 30 12% >>•■ -»• 189%> r>= 19% *22% y 100 42 6% ;:>■ 23% • 65% >:• 4i% 88 *101 >135 >; 135 19 31 20% . 6% 87% Allied 600 1,500 9% > 41%>-> >. 132 t' 41% *75 : 188% > 44% 24% •108 137 :; 19% 22'/8 44% 189% 23 109 ; ? fl ' 88% ' Mills 1,100 29% 13% *103 n, 105 v, 19% 23% y. . >>> *5% 188 ' *22% 44% f» 137 y 13% 41 *129 Va' )' 6% ;V 6 >88% 23% *107 y4 ir/ 19% ;> >\ :; Allied > . 1,900 64% 13% r 132 ! ; 6% 9% 41% 40% Kid 71 41% :>*75-"y 78 % 43 % 105 » x29% Allied 20,700 >>;■■' 13% Oct No par Industries Inc.. Chemical & Dye Allied 52 70% 29% > 77 < : • ♦128 6% *22% 136% 119 % " 6% ♦103 31 . 13 40 % 132 A' 42 >• 43 ? 23 Va .136% ; 101 ah: ♦44% -■ *108 135%' 135 %/;■/■' > 78 8889 1 107% <23 80% 13 Va '191%'191% 44 ♦103 - 30% 6% "' ' y 31% *48 9% 66% Allen 22,100} }i 32% 93% i 42 9% 65% ' 31% 70% x42 - ' h ii > 9% 66% - 35% 99% -y 93% 52 70% 41% 9% 29% 89 y2. 43 ' '23%''.1 40 >64' 34% 93%' •48 100 4,100 32 19 X50 5%% 3,100 500 *99% > 31% ^ 6% 6% 52 9% 65% 40 :. : .71 39% *13 6% V *48 % 69% : ioo 31% Inc 22 • 1 Vicksburg Ry_ Nov pfd A with $30 war.^ 100 > 29% Oct 10 $2.50 prior conv preferred-No par > 52% Oct 9 Alghny Lud Stl Corp. __lNo par ; 38 ,Jan 3 Alleg & West Ry 6% gtd 100 91% Oct 10 102% ■ .1 Allegheny Corp -,.j 8,6oo 18% • 99% 32% 31 y8 190 ; r 189 % 34% f" 7 ;> 31 > 31% >92% 7 •>:' 43 & 8 $ per share • Lowest 84% May 13 169 May 13 30% Feb 26 10 > Aldens Inc common >>4%% preferred 6,ioo 18% *99% 100 *30% 69 •128 32 33% 31% : ,;n 50 29% . • 31% 93% 67/a >78 > 18% Alabama 20,800 •; *19 19% >163 %■ 165 > ' 33% 9l/fl 13 % 40% 35% 93% 63% r 31% 31% •: • 30 39% , V 2.50 Alaska Juneau Gold Min 1,600 rv > V 58 *98% > ♦99% 69 v 20 18% Co Co ' 70 37 < 42 y4 165 ( ! 49 . 132 9i 90% •v>188% ; 188 %>!• 99% 42 102%;, : v4ys . 367/a ♦56 , 163% > 4 • • 10 Straus Steel ; per share $ > 61% Apr 12 105% Oct 29 No par Address-Mutigr Corp Admiral Corp Air Reduction 93% 37 41% 94' . 4 Va Adams. Express Adams-Mills Corp__i I13,600 >>>:>'■ 10 > ; 3,600 _ >27% *92 , >56% *98% 32% :* ' v, *18% 19 33% , >; 4 :36% 5% < 27 93 56% 30 33% 6% 80 Va 39% ♦128 .» 93 34% . V, . ' ,105 5% 27! ' 163% •19 105 Motors 1,100 9% 33% >v .5%- & Acme • 33 9% 105 5% 20 . 32 9V4 33% 27 100% y f 20 >> Xl62% 30% 30 30% 13% •v 41 ! 132 ' ;> 20 93 9% ♦78 13%.-; 40%; *'; > / *100 40% .43% 20 JC3l% ' 67 • 31 y4 9 Vb 33% 58 *98% / 163% 99% ' 40% i 64% 80%;-•> 'I :i *128 * 29% '« 13 . >: .7 7% 9 67% » 29% < 50 69 *7% 30 % A 35 ♦56% 41% 30 31% ; J 93% 31% V *30 33 y8 102% *19 . 33%! 93% • ;> 30 9V4 \. 9% > 58 *19 93% , 28% 9% 43% ACF-Brill 1,800 > *98% . 99% 34% 92% 54 162% 20 33% 99% 33% 517/8 40 1. 164% •19/ 30%: >> 33 51 Va >. *56% ; 21 163% 20! 51% " 102 % ♦18% 165% 165% ' 28 No par> No par 3,800 15 34% com 1 Highest Lowest $ per share 5,600 xl4% 9% Laboratories Range for Previous Kange SinceiJanuary ' Par . Abraham 15% 50 ••;.>.;,>> 2,600 : 15% ♦47 ■>/'■ 2,300 8% 43 , 41% .*98% 8% 42% 15% / 50 Abbott 115 43 >:/>'i> /•:>• 2,600 42% 33% / 58 40 102% *18% v ; Shares 75% ♦95 q > 15 v 35% 115 a 9 > 74 " • • >>*> NEWf??5L®™CK EXCHANGE the Week $ per share 75% • Sales for / t Dec. 6 41 •loi > 108 >>> ♦100 > 105 >> 5% 5% ; 5% 5% >> 26 Va 26% X26% 27% 94 >> 92 i *90 t92 93 4 4% :> 4% ,/■ 4 v'; 4 Va 37 > ■$*, 35% 37 37%. >. 38 / : i*56% ■"•>- 15% 5% '4 - 8% : *95 26% *92 V». 4% ' 4% ' rV 37% 38% *56 ••> 58 >1 115 - per share 75 105 >?■ 26% 94 9 {■ $ 76% *95 Friday • Dec. 5 40 28 9% 5% 26% /" 115 49 35% >100 5%r :; i 28 % 9% t per share 76 STOCKS Thursday i i 14% 47% 34 '' 40 15% 28 9% 35% ; 76% *95 1 28% 9% 35% " 115 14% *45 47 28% > 75 87/a 15% *45 . >' :V 43% 15 .■ Dec. 4 t per share 9% ♦42 Wednesday . >1 Dec. 3 77 *100 • >< Tuesday » , S per share 78% *100 > Dec. 2 I 15 Dec 133 Nov LOW AND HIGH SALE PRICES Saturday Monday Nov. 30 # per share > 28% ioo *139 15 Va 27Va 142 . 27 > *139 - *12% ' 13 .'•*12% 12% *38 Va • £ > 39 39' 39% /■ •J 12Va 127/a > "*115 115 ; • 106. : rt>i4 . 175 33% > :• ' v. »11% ■ > 106% 14%: 105 ;• > *174 •v l5'/a 21% r 38 J, 37 y4 30 40 26 >*139 '39% 142 > ' •'*50 -'l * t , ; - >142 52' '.I 40% 142 *49 168 51 2% ,165 . 77 '.y 78% 78% 79 82 Va 81% 82% 153 V i 153 > 153 55 55% ♦116%' 122% 15% * •104% / 49 Va • - 15% 15 106 97% 8% ♦65 99 *49% -. 153 162%' 40% 8 *60 53 *44% -« 45" *109 111 *109 111 *50 51 50 50 15% 15% 15% 15% '16 16 5 5 36% * 37 ... ! • , For footnotes *15 4% 37 see 50 16 4% 37 page 2975. 39% 50 153 53% 120% 47% 165% 2% 53% 53% ♦116% 120 y8 . 15 16 >104% 104% 47 48% 92 92% 94% 8% 8% 8% 65 40% 53 45 45 111 49% 15% 15% 4% 153 2% 78 82% 153 v. 160% 49% *15 v > 166% 160 ♦109 *36 50% 78 106 ■ X90 8% 65 50 45 ; **160 97% 39% ' 81% 15% 46 53% 30% 25% 82% 53%. .^i04 40% , 16 4% 36% 64 X39% 162 500 39 >; > 600 29,300 12% 13% 117% 118 ■ 106% 107 14%. 137/s 178% *173% />; 105 > > 14% 178% 37% 15% ; 34% 104% ^? 22,500 37% 34% *157 . 29% 25 y4 34% 160 37% 51% ♦140 *49% 165% 2^V 166% 2% 77% 78 82% 83 > 153% 153% 54 y4 55 *1167/8 120% 15% *104 106 47 15% 48 161 161% 93 93% 37% 1,340 10,200 53% 166 1,300 160 Stove 143% 165% 165% 2% 82% X153 54% *116% 15% *104 46% 161% 93 100 ., 49 300 y* 34,400 2& ;> 458,200 78 : 1,900 82% >5,000 153% :>!>; 55 15% 16 16 4% 37 y4 45% 45% 110% 50% 50% 15% 15% •15 4% 37 16 4% 37 *62 Amer Telep 25,000 200 47% 161% 37,700 3,900 93% 3,300 65 45% 45% •108% 110 300 19,100 . - 390 1,100 Viscose & 100 1,100 Anderson, Anderson-Prichard Cable Corp Clayton Copper & Co Oil Mining 4% l.ono A 37% 1,300 Archer-Daniels-Midland P W -' mo Paper Sep 24 ' 47% Jan 8 159% Nov 21 . 25 73 Co Jun 200 % 3 7 100% May 17 174 > July 9 78 May 28 18 48% Oct , 10 i1 Jun 24 121 28% Jun 5 102 y2 Sep 30 110% Feb 9 29 % Jan 3 70% Jun 5 ; \ 125 Inc Corp >•9, ,31% __21% 164 Dec Aug 43% 29 Dec 22% Jan' 31 Dec 41 Aug 60 Dec Jan 151 Dec 17% 157 Jan Jan; Dec 58% Nov 65 Jan ; Jan 196% Nov > 80 65% Jan 145% Jan 43% Mar 116% Jan 99% Jan 9 Jan 100% Mar Dec Oct Deo 69% Sep 8% 91 % 161% Dec 121% Mar . 26% 112 31% 140 Dec Nov Deo 60% Jan 81 Jun 29% Jan 40 Nov 9 30 19 10 9 - Deo 8 4 Oct 3 Sep 68% 50% Nov 6 60% Jan 14 62% May 28 xll4% Mar 21 Sep Dec 41 44% Nov 121 "5% 64 38 Sep 108% Oct Aug1 5 25 35 32 6 29 7 Dec Oct Nov 105% Nov x90 1 ! 15% Jan 90 May 51% Feb 43% Jan 7 x64% July 11 10 15% Oct 10 20 13% Sep 4 27%May 27 24% Feb 8 -5 4% Nov 21 26% Mar 22 No par 30% Deo Jan 182 % Jun Sep 24 No par 12.50 19% Dec 154 Mar 2,9„ Nov 30 116% Sep 11 ' 13% Oct 30 No par Jan Jan 40% Jan 164% Jan 41% Apr 153 Feb 27% Jant 29% 99% May 21 Sep Deo 13% Nov 104% Deo 35% Dee Jan 17% Jan; 128% ' 10 Oct 76% Oct 150 V inp 75 Apr 10 158 1% Oct 31 No par Jan Jan 15% Jan 67% Apr 18 138 No par 4,300 4% 10 -. Glass 15% 37 38 Va Oct 100 4 May 10 38% July 11 58 % Feb 6 No par preferred Andes Apr 25 50 y8 Feb 50 50% 100 172 8 6 No par Elec Copper Mining 15% 17 Jan 50% Feb 43 Corp & 50% *15 5 Apr 20 5 Anaconda Wire Apr 5 73% Jan 29 4 -4-100 Wks Hock 52 191 7 160 _--l00 Conv prior preference $4 Oct Sep r„; .a preferred Anaconda Sep 24 10 " 19. 34% Dec '—n.25 1st Anchor Aug 29 33% Feb 6 % Dec & Teleg Co 19% 20 24 Amer Zinc Lead & Smelt $5 prior conv preferred _— 26 41 39% Nov 143% May , No par preferred American Woolen Preferred > 176 25 ; Tobacco Tobacco Water $6 8,100 8% Am 14 27% Nov 22 Refining > Common class B 6% preferred 5% 16% 16 Feb v 8 42% Aug 21 108% July 12 45% Sep 2*1 American 23 186' 14% NOV 22 Sep Feb >2% •0% 54% 11% 6 22% Jun .No par Rights American 123% Aug _No par Co„ Sugar Sumatra 133% Aug 13 3 33 __No par Preferred Am 120»/8n 106 53 8% 270 3,700 Foundries 2 88% Jan 165 100 Stores 1,000 Steel 9 19 25 non-cum preferred-- American American 53 •108% No par Snuff 24% Jan 130% Jan 19 95 % Feb / 100 American 52 50 & 3 July 15 17% July 1 60 • Apr 10 12% Nov 22 100 Co Smelting 11% Mar 163 Xl73% NOV 15 i 27% Jan 3 ^^5 Refg Ship Building 3 , 24 43% Jun 24 Highest $ per share ■ Mar 25% Jun 97% Jan / io j 21 106% Jun 22 34% Sep 23 ioo Preferred 900 , Oct $ per share 10 y8 Sep ^No par JVo par Amer •>; • Jan 11 No par > f per share 23% Oct 10 140 No par San'y. Amer 6% Nov Year 1945 Lowest 45% Mar 21 30 12% NOV 20 _No par com American Seating Co Amer 98 l Mill 4V2% conv preferred American Safety Razor 10 > No par No par Preferred 6,900 „■ u ;• > 39%' 45 100 American Rolling American 21% Oct No par Co Stand ,1,900 39% 50 & I per share No par preferred Rad Range Since January 1 Lowest Highest No par preferred $5 Am Range for Previous " par' ' 41 67 X52 $6 v ioo Molasses 26 49 >K Ltd American News Co Amer Power & Light 670 34% 40 8% American 25% *25% 40% ,77% 3 600 '''A* 7" Metals. 30% *140 50% 300 1,800 ' & Amer Metals Co 6% preferred 25% >' . Amer Mach 29% 25% 40 144 34%" *157 29% ;>>; 15% 20% 165% >■ >> 25% >25% 39% 15 *19% > 20".; ' EXCHANGE *Amer Mach & Fdy Co— >; 3.90% cum preferred 170 33% 39% 45 2,500 37,500 104% ,v . r 2,800 108 40% *108% 110%' 4% 13% 64% 54 37 140 1,100 > 5,700 8% *63 54 *15 99% 142 , 51% >52% 25% 79 1 15% 53% *44% 79 120% 40% 28% 5,200 147/e 165%" 166 25% 2■& ;r. 49% 8% < • ■>' 39% >39% *140 144 166% ■1'. 81% 54% 65 15% 53 35 116, 28^ 27% ' ■20' << 25 Va 51 165 105 Va 94% > 8% '68%,. 144 ' - 99 ' NEW YORK STOCK , Shares " 1 47% <161 > 40 105% 49% :'■> > 25% 27% 142; 33%>34y4. 168 ■> 106 f *157 vM62>>; ,25 7 »140 153 53% *116% 162 '160 25% 24% 2% 82 35 30 VB *39 y4 1 166% 2 i°d : X51%- ' 25% 21 X165 35% y 27% -14% >:?■ v*104% > 37%/ *37 160 29 % :v 28 99% : •I; v 13% >•173% 15% >15% 170 X160 105 -.20% 52% 169 25% ■ 178% 33% >35%: 38 X35% ' ■ 167 >" 25% :' v 40 *173y4 ■?: >105 15 y4 >51% 14% ite Week $ per share *99 >116 106%: 13% 21-' : * *37 , '•. ♦25 > > ; 116 >104% 33% 15 163 X25 % - -114% /• 105% *20 •V 35% >.■29% 26 32% 105 % 170 35% ♦160 30%» 31 105r; : " r 52% > 169 163 v >>'26 21% 51% . >: > 15% 36% -. > 36% •160 33% 106 *20% 170 36% 32% 'i 15 53% 53 •169 V i : 114 > Sales for Deo. 6 >14% >26% j 14% >15 : > STOCKS Friday - ■ 113 > >13% 39 39 ;Sii it :<39 39 112%: ;13%>, >12% 12%. • 12% H 28 »27%., ; *139 •> 142 ■}>}■ 13% '13%-; Yi 180 ; A 105 % - < 12% 39 113% 104 ■ 99% 26 14% > H> 13%;} 14% ' ' >174% 174% 13% ;34 15 % >♦20% , 12 113% • 106% ■> *37y4 12% ♦112y4 "> 26% 142. *38% V X104 i 106 y4 'v ! >> 12% 175 - U 28% *98% /f: .14% 26 *139 Dec. 5 $ per share 27% 99% •*13% 142 •>>;>.'Thursday y tper share 27% *98% 26% '26 ; .. Dec. 4 I per share 28% U *98% 101 >>14% 14% ioi% * 14 % ? •. 21 Va Wednesday , Dec. 3 . $ per share 28% A::. 27 Tuesday Dec. 2 Mar 38% Jan lT% Deo Deo 67% Deo Jan 45 Deo July 38% July 113 Deo 24% 109 10% Feb 5 12% Aug 4% Jan 40 % Jun 3 23% Sep 49% Nov 23% NOV 8% Nov 36% Oct THE COMMERCIAL & FINANCIAL CHRONICLE Monday,' December. 9, 1946 NEW YORK STOCK RECORD LOW AND Saturday Monday Nov. 30 12% 12 y8 12% 122% 122% 145 A, 47% ; "12% 12% 104 / *121 145 *140 145 *140 x45% 46 *102% 104 *102% 104 A" 20 *18 *129 19 13 12% 13 1. 13% 17% 18% 17% 18 17% • 125% 132 , *48 91 ; 125% , 131% *48 49 88% 91% 109 *107% 126 *129i/a 49 125%. *48 ;V 90% 89 89% ' 130 *102y8 91 126 AA» 127 7 128% - . ,*127 107% 107% 107 107 107 % 107 107 15% 14% 14% 13% 14% 14% 14% 50% 48% 48% 48% 50 48% 49% 32 31% 31% 31% 31% 30% 30% 28Va 30y2 ..*75 81 , *105% 106 100 56 114 11% 17% ; *114 Nov 21* 32% Jun 6% 1st 7% Topeka & Santa Fe„_ 11 17% 17% 1.,; ■ 23 29 *23% *114 20% 19% 22% 21% 6% 19% 22 6% 19%:.4 19% 20% 22% 21% 22% V 6% 1 6% 19% 22% A A. 6% 6% - 19% .6% 106 lO'/s 43% V 42% 19% 21 y2 6% 6% ! C ; 4% conv 20 V- L4% 42 43% 43 ' aa 43 42% 42% A Oct 45 Sep Tack Austin 5,300 2,800 .,;C 43% 42% " 43% Aviation 3,100 • • ■ « _i._— No par $2.25 A_ No par Co of 10 >■ < Jan > 113% Not A i 83 y4 Dec • Nov 83% Nov t 1 1 : 42% Dec Feb 120 * 71% Sep 30 y4 July 110 i r. ; Deo 33 Va : 3 / . Dec vDec Jan 51% May 28 t 24% 48 y« May 24 Not 52% s 20 • Apr , 45 120 . • Nov - May 13' 135 14% * 60 Jan w 113 ' 18 Jun Jan Jan . 3 >40% Aug 13 18% 25% Jun 10 27% Deo A *10% Jan A Dec | A 27% Dec .7 20% Dec : Jan j 94% Dec 13Q 1 • 1 23% July 23 Nov' 22 37% Jan 29 15 % Oct 14% Jan ■A 32% Aug 14 ;> l<t% Feb 16 9 po> ' 41, Jan 76% A 49% May* 9 • j > 139% Not Mar 13% Mar "97% Jan 6% Nov preferred-i>.^—..176 par 140* Ill/Jan Jun Nov Deo ; 10% Dec Jan 113 May 29 >34% Apr 17 22 108 *29% ' 14 130 y2 Jun Sep 18 -18 Amer_„5 > Jan May 21 • . 110- A 10V4 Nov 21 > 16% Sep 19 (The)______3 Jan 101 4 2- Nov 25 Nov 11% A10 94' 27 , . .J__5c ; Canteen Corp- of Dei conv Nov Dec "114 V 106% 1 Jun -125 14 26 22% Oct 18 July 83 ^ x533/* Nov- 22 preferred--^;, 100 Corp____L „_N6 par -A 45 : 6 Oct Nov < 59% NOV 42 y4 Aug 12 May 31 ; 105 100 A Mar 29 ye May 28 100 A_^_____100 Co—i. Automatic 19,000 series Dec 74 «.— Nov 12d 10 Oct-< 7 31 prior pfd l$1.20)____No par Autocar 9,800 6% v___100 —___^^_25 Nichols—A Conv 2,800. 22 Oct A/28% _1 141 121 1.9 No par i 111 25 Aug '9 58 10 preferred pref conv -Atlas - ".'43% 13 preferred' series- B_. 100 V, - " 20 > > Atlas Corp Atlas Powder 1,160 ' f i 17 y8 19% A> 6% • > • • ' non-cum A 3.60% 120 5,9001 11% 17 22»/4 21 1 100 ; — Atlantic Refining 980 23'/a V 29 *22 • 5% 7,800 iooy2 • 11 ! V ' 17%A.AA .17 y4 ,... 21% 20% .; 6% 29 10% 7 . 17% 105% 56% A *23% ,A 900. > AA 55%'> 57 115 -AA' *114 115 56 11% h 10% *1.7% ' 72 a *100 23% 11 18% *17% !• 105% iooy3 23 % *114 .'/■> 115'% 29 10% - 105 5/8 iooy2 23% 57'% V 100 A———10 preferred A T F Inc. Nov May 31 148 > t 127% Jun , 153 ';v' A 78 Atlantic Coast Line RR_^A 34 5 30 .. Dec 102% Mar 112% Feb ; . 16 July 18 65 ll 46 % Sep . AlOO Atl G & W I SS Lines 105% 56 5% 17 No par $ per share Jan ' preferred—;>„i,«100 124% Dec preferred-^__^A_._^_l00 A 127 .1 Oct 2d Atch ■ 1 Investment Co__^: 3,500 100 % •: 116 1*23% 29 10% a V- 56*',," 57 116 '; *22 11% *17% 30 A 6% 36% May 28 10 3,200 33% 172 19 49% *66 '" 10 Oct 28% 23 : Oct Sep A No par new 28% 35 139 12 Assoc 3,800 .V 11 19 5 Corp__AA_____: 49% 105% ' , V 7, 14% * . 72 33% Sep Highest $ per share 18% May 28 II 1,300 14% 100 105%: 100 23 56% *114 -• 26% ■ 105% 23 *66 , 35% 34% v *98 ;.'i A 22% 22y8 57 114 : V 23% 57 107 9 27 • 8,300 '* v 75 *70 74 34 100 102 23% 26% 74 33 -A 33 105% 106 *100 75 33% 75 33% Sep Sep 160 92 107 48 32 , 90% .V, Year 1945 per share Nov Associated Dry Goods 7 20 V'AA' A 100 , . 49 V» S ; preferredf„_iVo par ;; 112 preferred— 100 A 125 Armstrong Cork Co par 42% $3.75 preferred No pat >102 "• 107 10 y8 $6 conv prior Artloom 11,900 . 130 >. 1,600 • 129 *48 7. 90% $ per share 5 i Range for Previous Lowest Arnold Constable Corp 100 13% 18% 89% Far . ' "■ ■>:.• .. Range Since January 1 Lowest Highest . AA'.y''' 'ifi'o 3,700 20 13y3 'J'.} 33 *18 18 49% ' . '.yoe, , 14 14% 15 104 A, A '• " >:■; .. , >A 20 46% 15 50 45% UiVl K r STOCK Armour & Co of Illinois — 18% 128% V- *48 : 48% 23,100 145 44%. YORK EXCHANGE v A 800 13% 124% 48% ■f 104 ' A ;• 17% 18% 88% 49 . V 13 121 < 45%' *18 A 13%; 127 130,.; 132 ■I *129 V, *124 44% *102% ■, 20 *18 19; 12% 127 ■ -v.V.... Shares *119 145 NEW the Week share per 12% 124 47 A *140 122 A;/ 45% . $ 12% 122 141/4 126% 12% Sales for Dec. 6 $ per share A: 13 Friday • - - 122 18% *13 ■18%* Dec. 5 *140 47% *98 20'/a 12%' Thursday ■f *120 Va : 145 .. 47% 104 *19% . *138 48% *98 $ per share 12% *138 stocks Dec. 4 $ per share $ per share ' Wednesday Dee. 3 122 % 122 PRICES Tuesday i; Dec. 2 $ per share SALE HIGH A5% Jan Oct" 30 83% Feb 2 68% / 2% Deo A16% Deo ' Dec 63 ' Deo / 1 . A: ; r 20% 20'/a 19% 23% 23% 14% v 14%'': *13% 15 22 "15% A: A 15% 20% 23% A *13% .A 19% yyy: A: ■ J..:/-/ xv- - 15% A"' 14% 22 23% A , 21% y 23% 22% 68 52 . AA *13% < 26 26 A>; 14 23%' 53% A '.. 53% 22% 23'Za A :' 22 55 ,/A'A *108 *104 104% A 15% ;• 19% A. 16 A 16% 19* 18% *1021/2 ■: 30'/a 30% 26 '/a 26% 7 25 Va 32 y4 "32% 22% 22% 88'/a 89% 22% 86% ;-s 146 17 y8 17% 22% 44 44 16% 36 v 36 . 18% A: *46%' ■ *59 63 >' 30% *5% 32% 13% -*92 32 ; 32% 33 32% 33% 22% : 22% 23i/a 86'% • - 32% 32 V; ' 13% •V 95 36 37. 18% 20 46% 108 46% 60 *58 A x30 v: 37% 30% *92 12% 311/4 3iya 31 '/a 32% 27% 26% 27% 48% 48% 49 *105 106 Vz *105y2 27 27% 26% 27% 27'A 271/4 48i% 49% 48% 491% 107 VA 26% *105y2 1061% *105% 106'% 25i% 26% 26% 26'% 33% 4 33% 33'A ►103% 105% *103% 105% >■ 103% 1031% 241/4 24«/4 V.,24% 24'% 24% 24'% 15 15% 35% 15% 15% *121% *73 24% 15% 32% *26% 34% IO51/2 24'% 31% • 12% 15% . -4 381% 39% A, 6,400 A 1,800 *5 ; •27% 48 % 32% 27% 4 48% • 106% ;v ' *33 34 >>34 / 105 2m *103 24% 25 '.4 3,500 . 106'/a 26- *103 K> 49% *106 36 y8 900 / 25 Brooklyn Brown 400; 100 . 25 1,500 15% 126 •123 11% 75% 123 11% 123 73% 75% *121% 11% 11 11 V 74% • 72 125 11%. *98 29:, *27 , 100 21% *34% 16% *100 21%. 73 71% 17 16% 100 ; 21% 20% 35% 35% 36 16% '• 92 *86 *96 97% *96 .97% ♦95 *3 , 13 y8 13 13 y8 13 71/4 7 80 "*6% 7% *75 90 80 75 *86% 7 5,300 ; 90 91 89 89 89% 23'A 23 231/4 23% 24 *73 90 23 : > *105% 106 >/2 105% 6 *5% 16% 100 *99 20% 105% 106% 5% 5% 16% ■16% *99 20% 106% 100 21 A 89 *99 : 211/4 *105% 5% . 24% 97% 13 13% •A 7 A. 91. 25% 25 107 A. A 105% 91 *88% 16 • *99 21% 21% A- r 5% 17% Tuesday I per share ! 100, 900 106 $ A: per .v;: share • 5% 16% 102 * 22, AA* y 22% A . Jan 10% Mar 80 23 53% Jan 28 37% Mar 52% Nov 42% Jun 3 70 1 j 9 , 10 100;./ 105 A Nov 25' No par 15 f ^ "A Oct 31% Sep 25 A ; 103 ID 9 * ' ' M * !, Feb Jun 2 70 1,900 Butte 2,300 Byers Co 103 -A 23 :'■'/ 4 ■> 40 A; Copper —100 Zinc— 5 : (A M) Jackson Sep 47/80ct 15 lOOA, 99 No par Co • Oct 39% Dec 30 y4 Aug 42% Dec 13% Jan Mar 22 May 27 Aug 16 13 7% Mar 4 77% Aug 95 69% Mar 81 14% Jan Apr May 31., 15 7 19% Nov 22 20"% Dec 15% Nov Nov Nov ; 27% Dec 105% July 3% Jan A15 35% Feb 16 112% July 11 40 May 28 9 Oct 37% Jan July 22 110 May 15 9y2Jan 6 10 Nov 18% 39'/4May28 26 Oct Deo 128 29 98 105 ■ No par Participating preferred—'. Byron 3,700 & 10 Jan Jun 75 ; Oct 10 .20% Nov 22 preferred__100 Nov 20% 15% Jan 25 Dec 40 22% Jan 59% May 29 100 . 35% Nov 25 3 75 120 2 108% Mar 28 46% Jun 11/ 21 6% Nov 1 100 - <m m*m 14 4b % Feb . 18% Nov 22 Nov Jan 12% Mar "A 99 6 33 . Deo Nov x' - 22'/»Jun 11 No par Dec - 38 A23% Jan ' 1 70% Oct 29 25% Oct A; 99% Dec 21 23 38% Apr 130 *, ~+Jt 112 July 25% May 31 , . 100 pfd 35% Deo 106 Apr Deo 19% 45% May 28 110% Mar 18 14 Sep, 0 120 Jan 2 "A 9% Oct. 10 ;. 37% Dee A'A 3 38"% Apr 22 8 ''m ' May 115 28 Oct 20% Oct K »- No.par No par ' Butler Bros common > ; 4%% preferred 5% 22% 47 5 preferred 16% A *100% 22%; 17% Mar 8 1 Bush Term Bldg 7% 7,900 i 106 5% 9 16 Terminal 6% 5% Apr 4 i 34% Jan ^ Bush 150 A- 25% 16% 100 110 Oct 7y« Jan ' 87 Aug -22% Mar Dec 28 Dec 101% Feb 39 Nov - cAA..•. rnA'AAA/A A//; Wednesday . Dec. 3 5%- 16% 33% Nov . AAA 20 A; 77 • 11% Jan 23- ' 20% Feb Inc Co Apr 24% July Apr 36% Apr 33% 93% Nov Co_ Watch 52% 9 107% Aug 12, 3 3 ___— • > >' 7 *73- Bulova 69% July Burlington Mills Corp com__ -1' .A 16% Oct 30" A ' 26% 4% preferred +100 100'/2 Dec 4 111 400 3% % conv 2nd preferred. 100 A; 87% Dec 6 119% 3%<^ preferred ^.-100 100 [ Sep 23 102Va 11,900 A, Burroughs Adding Mach^ No par 13 Nov 25 .■> 21% 25,900 V 88 *95 75 24 1071% -A 87% 3,100 A' 1,000 .A Forge Feb - 70'':..:' 7% 7% • 181/4 13% *90 / Buff Niag El Corp $3.60 Bullard Co _; — Apr Jan 95 Apr 30 A — Buffalo 17% 49 Yt 9 9 common $5 preferred , 21 18% Jan 112 12% Nov 21 72 A No par 500 100% 97% - *73 A> LOW AND HIGH SALE PRICES A Dec. 2 $ per sharec: 89 *95 :a: " is y8 *99 Co 10; 73% Jan 4 4% Sep 30-% Dec. Thursday Dec.4 yy*-* , STOCKS A $ per share Sales for Friday A Dec. 5 Dec. 6 $ per share d NEW YORK AA': the Week t per share i STOCK EXCHANGE Range for Previous / Lowest : A, / $ per share Par Shares >, Year 1945 Range Since January 1 A A A/A ■ Lowest Highest A- A S per share A $ per share ' , * Highest $ per share 'A/aiAA//AA; ;A 28% *55 28% 28 .. 56% ' 28% A 56% 4*55 3% 3% 8% 8% 25% 25% 25 25% 13% 13% 13% 13% 115 3% 7.% v 115 114 27% *55 3% 3% 8% 7% ■ ■- 28 - 3% 25% 13% 114 114 > x7% 281/4" 55' " •:3% 8y«; f 13% A 114i/a 114% 43% 12% 431% 115 115 *43% 45%. *43% 45% 12% 12%' 12% 12% 57 57 57 y8 60% 60% 60% 60% 60 3 » 15 15 14% 14% 14% *14% 14% *55% *123 57 *55% 124 15% „ . 14% 37% 36% 37% For " *44 footnotes see === 46% page T" 1 46 *55% 124 *44 15 Va 37% '*g£ 15% "» 57 *123 ,: 45% 14% ■; 2975. 1 15%. 36% 3 6% " 57 *123 124 45 ■ : 45 " 115 - 7% . : 62% 62% 62% 14 14 '-'14% 14% *43 57 *551/4 57 125 '.' *123% 124 46 x46 '• i 1,400 11,200 r/ , 90 30,600 A. 1,000 £ ,A ; . >1,400 16% 15% 15% 15% 15% 37 37% 36% 36% 36% 37 '• 400 8,900 t; 1,300 Zinc-Lead T—-—-1 Calumet & Hecla Cons Copper_+__5 Canjpbell W &;C Fdy—___—No par Canada Dry Ginger Ale Inc__1.66% $4.25 preferred ————-No par Canada: Southerir Ry/CO——..$100 Canadian Cannon Capital Oct 2 3 Sep % Oct 20% Oct 12% Nov 113 9 A 47% Apr 58* 12% Jan 28 18 Nov 21 147 9 58 25 10 51% Nov 22 Administration' 12% Oct 30 class A—I A 43: -10 50 Oct 10 112 Sep Sep 23 11 ■ A series ,—: —50 39 ' Deo A 56 Apr J-an 4 Dec A 6'/4 July 30 May 29 Apr 9% Nov Mar 20 40% May 29 10 43 Sep 1% 27% 16 22 Jan ,52% 8 10 Apr 7% Feb Oct 11% Oct ——— Mills Preferred 4% . ——-No par Pacific' Ry preferred f 3 6 . >v 3 .53 .—— Carolina Clinch & Ohio Ry_. 100 Carpenter Steel Co 5 Carrier Corp —_—___10 $3 r ,.r: 46 27% Dec, Packing ———No par: preferrod ————50 Caliahart 550 45 12% 62% *123 7,200 : A 115 ,♦43% 12% 15% ' 1.7,900 25% 13% 12% *55% , !■ 5% 10 3% ; 7% % 25 13% 44% .57 3% California 2,600 56% •' *24% A 251/4 -12% 123% A 8 28% r, 27% *55 .131/4 44% 45% 3% •• 14 12% *55 A- 25% 44% *122% .. 13% 12% 14% 8' " 28 55 " 25 12% ■ 27% " 3% 56 V2- *44% A /.«>'/>* >A>:>V> ' 27% *55 3% 8%'A 25% 13% 114% A 56 % " A 10 No par 30% Oct -No par,;./ 23 Oct -2.50 A 35 % Jan * 500 A 36% A 12% 7 5% 16%. 101 21% Monday Nov. 30 36'% 18% 100'/» 89 A 97%. "A; >A, -A'A'v.; V Saturday 36 . (The) Dec 21 i——'—5 -100 preferred Budd - 610 • 100%Dec A No par " V Dec 25% 6«% May 10 35 / .Mar 26 3 AA Deo 38 16 Jan com." A . 211/4 17 * 73% 31 13'/4 Sep — Inc A:/ 27% 99% 35% 90 X23% ;:';" 73 27% 20% *99 A Gas Co Bucyrus-Erie Co 7% 23,900 J 5% 161/4 16% 90 ' - 72 99% A ., 100AA * 28% Dec 98% Dec 155 Nov Mar 22 48% May 13 42% Sep 4 57% Apr 22;, 36: ' Nov 22 •; A 61 % Jun 5 100 Bruns-Balke-Collender 30 11%/ 21 A 100'%. 78 121% 20% 13% 6% 76 1213A ;411% . 9 CoNo par ■ ' 16% 100% 27% *98 >4" a: ; 36 17% 17 102 V *99 *27'/a 27%-A >' :A 22 11% V- 71% >72% A 72'% 100 100 .. 20% 17 102 26% V *88 13% 7% *75 341/4 102 97% 13 Va 20% 27 *98 it 34 92 92 >27 100 201/a : 35% 102% *96 28 v 100 11% 11% ; 12 ' *27 y2 ft 15%' A 15'/a 15% 15% 125 :!//'•• *121% 124% Union Shoe Deo 35% Dee 27% Nov. 21 (assented)_100 $3.60 preferred J— * ■ Oct 52 1 Briggs, Manufacturing.^ Briggs & Stratton—; Bristol-Myers Co common, A,•..3% % preferred 4,600 34 / * 105 10 Sep 10 / Bridgeport A 14 * Sep Bearing Co new—--5 A Brass ID 101 preferred RR 37% Sep 10 Braniff Airways Inc---—-----2.50 Brewing Corp of America 15 10,100 Nov 30 May 30% Feb 33% Jun 58 Jun 18% Aug Oct 5,800 V 109% Dee '63 46 42 6,800 15 8 83% Apr 10 25 ____5 common Maine Nov Dec , cum & Nov 22, Nov. 15 ^---No par Bower Roller '95 14% *31i/a 27% 25%. 13 12% *93% ? 321% Zxh% Deo Dec 'Jan 17 168 18 (The); -----—15 Borg-Warner Corp—--i.'—5' A 460,, : 17 Jan 58 6 34 Co Boston 32% Feb No par A Class ;B 51/4 *32 12% ,4 *106 %■ Bond Stores Inc Borden 60 No par Brass & class A *100% 100% "0 151/4/ 48% " Co 2,900 95 27'% A Aluminum 5,000 32%: 14% 317/a Brothers 48'/s 51/4 *92 151/4 preferred 30 , Deo 29% NOV 36% May 14 15% Oct 30 18% Oct 10 ——1 — 47 Va 60 A DOC Apr 112 30 42 136 114% July 31 A; 31 Airplane Co______'_—_-__5 Ami 30' Dec 53 No par ;—No par / 29% 38% " =4/ Bon *58 1001/4 *5 *31 13% Bohn AAA'. 40..: > > 17% Deo 15 26 * A 143> No par /. Laughlin lnc____—-_.2.50 ; A/ & A; 1,100 Mfg Co Co. conv Boeing , Jan ' Jun 25 r Decker Bloomingdale 47% 107 ^eo 65% A;;',^AA/r^$>:A 8 85% Nov 22 , -100 (E W) Co Bliss 280 13,600 *105% > 37% A 95 A.;;)■>; <■ $2.25 19% 47% 100 'A ,v>4 5% 14% 800 A 1,300 '■>; 37 Mar 43 i ; 24% Dee Jan 36 30% Apr 25 9 ? ii;C:54A A Deb/AA 25 Feb i 112% Aug 6 52% May 10 31% July 11 22 :—No par Black 47% .A 30 4 47% ♦32 /;> :./32% *92 " 110 Jun Deo 4 May 23 118% July 18 24% Sep. 20 A 98 Sep 10 29% Nov 22 Bigelow-Sanford Carp Inc-$_No par & Oct 28% Oct 1 (Del) preferred 300 19% 60 / A 29% 39 4; 32 Va 48% 1% 900; 16% *36 47% 107 *58 101 14% 32 *46% 63 *5% • 131/4" 95 141/4 27% Bliss 19% *1051/4 30%' 37% 30% 14% Mxi 473A-> 100'A 5% V 12'% : 131/4 47% 101 *4% 95 7,200 900 43%> 24% Nov 104% Nov 21 . No par 1 Steel 23 *15% 437 .'it-l 18% 47 48%, 36% V Bethlehem Blaw-Knox V 43% 16 f; *36 108 30% 101' 16 Jan ri .52% Deo 14% Aug 73 21 16% Oct .100 Loan- Best Foods— 5,00013,900 5,700 22% ' 10 Co.. • 16% *1051/4 V 14% *34 •43'A V4; 18-Vj 14% *103% 43% 44 30%. '< & 34% 17% A 22% , 37% X47 32 12% 22'/a 43% 60 5% Best 66 417 Dec 16% 39% Feb 48 15% Nov 9.1; pfd $3.25 ser of 1946.No par 143 ■■ 15 1 • Co Indus *33% 17'% 23 4 16% 46% 101% *92 17'% 22% No par') ; preferred—— Beneficial *63 :A: 55 33% 16% *105% . 55 17% A> 17 43 > ' : ♦33'A *36 381/4 *5 171/a 56" 52% May 16 May 23 31 ' Nov, 22 11 Bendix Aviation—.J———5 3,300: 90y4- -___1 ^ *81 57 14 10 Feb Jan Mar 29 % Aug ; A Jun 35 Howell & Cum 23% 89% 104 66 28% 64'/* Aug 14 41 % Jun 12 46V2Sep 4* $111 >Nov 22 A 100 12ys May 24 88'/a Jun 17 35% Dee> 44% Nov . 37 Bell 2,500 A 30 21 Sep 9 18% Nov' 28 " 21J/80ct Jan 24% 143 34% 18 30% 38 *101 ' 54% *34 , 22% 43 A. V 23% 'A A 90 ; 14,800 - 26%' 48% Oct Jan 19% 28% May 13 35% Jan 28 4 • 143% 143% 2,400, 30% 31 11% 28; Belding-Heminway Bell Aircraft Corp , *98% 101% 34 34'" • . 24% 881/2 I 145 *16% . M 23 91% 87% *143 16% 49 5% A ,-.-: 12% Oct 24% Aug 47 % Jan A A 25 preferred 10 142 -.A '? 14% v A 88% 145% 22 60 v, 1011/8 .. 101% : :A 46% 30 38% A; 38% 101% *90% " 106 48% 30% 49% 60 A r. 49 % 101% 30 4,800 105 221/4 38 461% *102% *98% 19 >105% i8ya A . 31% 16% 110 105 >.A; 44% *106 18% *102% No par Beech Aircraft Corp.— 800. 18% 16% - pfd_^_-_i_-__100 conv 4% % 387/a Jan 30 30'/» Jan 16 10 Beech Creek RR__ *.-50 A 30% Oct 9 Beech-Wut Packing Co_—20 / 10L-' Oct 28 17% ?:|A.25% 22% 37 18% A;A;: A'' 2574 33% 18 Va ■ 18% 18 % A105 16 cum Shoe Beck 600 15% 30 Va 54% 47 15% A 3%% 70 60 3,100. • 1 A Oct 6'0 Sep 24. 36% Apr, 26 25% Dec 3 10" j. Beatrice Foods Co__^_— , 35%: 113 ,A ; A *106% 15% • 151/4 25% t. 33% *43 15'% AA A 12 ll7/a A->34% 113 29% :: ' 54% *16 /A; . - Brothers > ; 10 4%% preferred——: Barnsdall Oil Co 5 1,700 A ' A'-A-AA 104%; 11 18% Oct ^.100 Bath Iron Works Corp——' Bavuk Cigars Inc new^ 900 110 *104 : 35%' *34% *106 16 % 17% 12 25% 1451/4 17 22%V 58% ;/> 30% 25% A; 33% 22 ;/ >•; 15% " A A 30 30%. 53 Va AA. 16% 22% AA 25% : 88% 11% 35% 105 *102% 531/8 23 15% AA 33% A 33% ;.*34 A/A 104% 240 4,000 2,100 - 58% . A *109 A ; 146 / ' 102 25% •: ,/ A 22 A 19% 17% Nov 22. 100 j. 5% prefer/ed— Asphalt Corp.. Barker - 23»/4 19 '/4 *98% 25% 102 12 r> 105 18 109 *104 ■' 105 32% > 55 33% 17% 22%. 22% 59 108 104 ; ,12 Av 15% ' 16%",.;. .'•> 15% : 31'/2 . / 149% *53% ; A *98 y2 104 A A' AA 7 22% 108 AA" 15% *102% ;AA v; 29% 30% 19 Conv Barber 1,600' 54 Ohio. preferred—_______——..100 Bangor & Aroot,took__ —__50 1,500 , & 4% 120 yy 28 Baltimore 200 , 27% *51% 57% A A' 58 13% 51%; " %:>:•, 37 22% 58 108 105% 15% 105 29% / A *99%. 102 22 A 7 19 46,400 •13,500 67 . 271/4: 53% 22% AA 16 *65% ; Baldwin locomotive Works._____ 13 •15,100 . 24 AAv, 51% 27 *51% 23% : 52% 26%. 19% AA " 11% 15% . 22% 104% *34% 26% 53 A A> A 18% 22 56 X105 15% 19% ; *104 37% 15% " 15%; 23% A 13% .'AA': 67 ■ . 20% AA 13% 51% 52% .A; A- 111- A,' 11% 105 105; 16% 105 ♦102% " 12% 15% 16% *146 104% *341/4 106 67 . 19 55 *108 11% 37% 106 "X 55 ■•••; 22 111 '/ *104 A (V 12%->•" V *34% . *108 25% A 18% 23 -'AA, 54% 111 12% 19% *22 13% 67 52 22% 18% v 237/a *65 A A;A 25% 54- v 19% • 15% 23% • *50% 25% 23 *54% 51 53% 19 23 151/a 14 *13% A 68 501/4 26% '•> 23%.:/, 19 *661/4 51% A' *25% 53% *53 A 68 ♦51 20% A ' 14 ' 69% 68% 51% x20 16 B ;A;A.; A 20% AA; 15 A 20% 32% Nov Feb 128% Dec < 113% " A Jan (7 47 : Jan 22% Feb 16 10% Jan 20% Deo Jan 72 NOV Jan 21 Deb 73% Apr 22 211/4 May 29 59 % May 137 T 52 21' 116% May 23 61% Jun 17 13% Nov 22 34 Jan 30 341/4 Nov 25 60 Feb 4 : 50 Deo Mar 56 Oct Jan 135 Nov Mar 49 Dec 32 21 Jan 33% Nov ■ #r" ,i •' ;;.i? v -</'> THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 ■Volume 164 : 2967 ■ NEW YORK STOCK RECORD ' LOW AND HIGH SALE PRICES ■'■#/ .Saturday Tuesday Monday ■> Dec. 3 ■####pec. 2### Nov. 30 ■ ; Thursday Dec. 5 ■ ## Dec. 4 . , $ per #"■'$ shafe $ per .share share,' per ###7#:##'7%> ## 6% 7% ##34 #'#34 ■•■#' # 33% 33% *152 the Week •; #/ 57% 59 C 20 y2! :?o% *105^2 107 »/4 ;, # 32% #:l55#:-#/ ss% 58%' > 20 / *58% : 19% 106% >106%{107%> 142 Y2 *142 26% 25 21 9% 10 v ' 20% 9% 9% V-' 9% 10 *9% 28% 28%' 12 12 28% 28% *88 % 92 *9 *28%. 11 35% 17% 18% *25 25 25 *24% 23% 24% *110 25% . 23% 24% 53% 53% 52% 8 53%* 52s 9 8 14 40% 41 20% 21 19% 20% 45% '46 44 45 46 45 60 58 14% 20% 20% 20 20% 44 20 43# 43 Va 44 18%: 18% 19% 46 > *45 47 *58 60 *58 *14% 15% *14% 15% 15% 7% 7% 42% 84% 6% ; 7% 7 *40 42% *40 4 15% 82% 28 28 5% 15 21 44 20 ; > *58 14%.' *14% 15 *15% 16 800 6% 6% ; *40 42% "84 * r 85 600 59 *6% 84% / ■ '28ys 28% 28% 28% -28% 7,700 110 /# *107% 110; *107% 22% 39% 22% 23 22 22%" 21% 23 22 •39 38% 39% 38% 39- 38% 40% y8" 22% 38% 39% *31 :31% 30% 31 Ya 31% >31% 31% 32 30% 31% 10% 10% 10% 92% 10 10 10 % 10 io; i;:-,^9%"-'-io:^t 93 ,„*90 ♦107% 22% 5 10% >90 ' *90 92% # *107 Va 108% 108 10% *90 16% 16 16 y2 15% 48% rl6 % # *46 *90 94 46: 46% *45% 93 1 >. *90 *107% *31 17 16% 47 32 1,600 47 M •" 6,100 /-City .■. Stores *160 105 *90 190 *160 190 *160 190 *90 105 *90 105 *90 105 *90 111 111 *111 112% 111 112 X110 62 #; 60% *60 *107 108% 107 # 107 *101 103 *101 103 *57 61 #*57% 61 20% 21% # 34 34 44 45%' 163. *150 20- ." . 60 60 203/4 60% ' *106% : *101 103 ## •58 ;• 62/## *59 61 108 *101 /, /i##; 3434 343/8; ## 44% 343/8 #/ 44 % 34% 1,600 45 453/4 3,800 Cluett .57 f 300 #•: # ( 102 Va # 61 • 195/3 #20#:#### 20Ya' -*: 20 18,700 34% 43 *150 ;• ' #44 163 43 % 46 *150 163 *150 34 %' 35 . 45 % 16a 34 Ya ,#.' 45%## *150 - . ! > *150 163 163 . ; Monday Co— Dec. 3 Nov. 30 ■ S per share 142 Ya *141 £142% *138 Ya : 48 62 *101 102 *38% -39 » 143 62 11% 11% 11% 11 11% 12%; i-11% 163/4 16% 16% 16% 17 16% 17% v/16% 14% 14 14% 15 14% , 15% 13% 29. 29% 28 - *14 13% ?14 28% 27% "28 ;> 10% 343/4 35 29 10% 11% 34% 34% 35 35 *34 % 34% i 21% '21% u 84% *80% 44% 44 Va '. 44% 39 45 44 45 # 44»% 21% 82% 46% 33% V 39% 41%; . 21% noh-cum 4% non-cum Columbia Br'd -2,600 v -# 1,100 - Oct •61% Dec 1,500 8,600 < 49% Jun 66 Deo 37% Dee 54 15% Jan / 28% Dec • 59% Oot 64 Deo 27 Dec x23 .Deo 15 Dec 48 Jan 29% 8 20. Deo Nov Jan Nov» 4% Jan 8 May ; 16 Jan * Jan 49 2> Jan 1411 2 19% jan 25 y« July U . Jan 6 #114 Feb 140% Deo 91% Jan 1 38 Ya July 9 9 42% Jan 58 Aug 44% May 23 20% Jan 80 Deo 58% Apr 22 May 10 108% Mar i 38 Y« # Jan 105 Jun 9% Jan 25 Nov 98 5' May 11 71Ya Jan 18 •49 205 Feb 27 170 108 Jan •89 * :• Jan 72% Dee I # 12 2 10 77 May 20 # 108% Mar 5 25 3 106 Apr 18 62 July 9 44% Feb' 4 19 # 6 Feb 205 Dee 105 May 115 Oct 106% Nov 93% Jan 113% Jan 10 Jan 109% Jan 44 Jan 8 ? 18 110% Apr 68% Nov 100 Jun 59 Nov 53% Jan 34 Ya Jan 41% Sep / 9 # 23 46% 45% 11,800 41# 40% 40% 105 103 8,800 > Deo • 60% 110 -6 May :59% Deo Juiyll 10% Oct 10 S '■ 5 19 39 38 Jan 47 49 Deo 106 Deo 50% Deo' Jan 29 Nov 18% Deo "28 Jan 14 30 Oct 80 Feb Tan 50% Jun 24"% Feb 16 Jan Oct Nov 14 23% Jan 29 41 183 72 #: 101% Oct 34% jan 31 Ya Aug 20 63 Ya Jun Oct 30 Highest $ per share 130 11 69% May 20 # 12% Nov 19 13 ' Sep /12 y« Oct :# 28 # 18 y2 Nov 26 47 Jan Sep 25 Mar 31 Mar 50 Ys Nov 50 Nov / 24 11% Dec 4% Jan ' 36 Nov 26 # Deo 39 Jan 110 Deo 116% Deo 15% Aug 48 Apr 22 36% May 21 106 Ya Apr 10 .36% Oct 10 46% Jun 46% Jun 31 Jan 28 14 25% Deo 41% Oct 50% Aug 12 21% Dec com_——No par 82 $4.25 cum pfd w w„.—No par Columbus & Southern Ohio Elec-LlO # 28% Jan 25% Jan 14 8% Sep 24 32% Nov 22 27 - —No par w_ Feb 200 # 15% Oct 30 —No par Carbon Co Lowest $ per share 100 1st preferred 100 2nd preferred—100 Sys Inc cl A 2.50 Columbia Pictures Deo 155 Apr Range for Previous /,##■:./:: Year 1945 $ per share 3 Feb~26 37 53% Oct 35% Jan 140 #'• $';• No par -20 B#._w.t—_;_L—w-t—-2.50 Columbia • 83 X44% Class 42% X99 —No par Colmpbia Oas &: Eleo 95,400 *81 83 45% •». 21% 21% *81 . \CU ; .890 " 180 29 34% 21% 14% 10% .... 130 No par 0 —No par No par Cplo Fuel & Iron Corp.—■; 890 14 28% 10% *81 14% 10 Va 28% 10% 34% 84% *81 86 > >83-/:. #14. i.28% 28% 10% 74 Jan : $ per share No par l '5%, cum conv preferred Colorado & Southern— 2,800' / 29% / 33 66% Oct Range Since January 1 Lowest Highest (The).——No par & J Aikman—— Collins 13,900 - 15% 29 i 9% 21% 21% 213/4 213/4 , / 12 *15 14% 428% : Co A Colgate-Palmolive-Peet. $3.50 preferred^ 1 - 900 29. 28% Class 10,700 130 ■. , 17 Va 15% 15% 15 • 10 Ya 11% JJ% 17% *13 28% 28% 28% 328 / 28% 9%, 10%! *34 / 34% >11%: ■ *14% i5y2 14% 14% 14% *12% 28% 28% # 13% 15 14% 13% 14% 133/4 52% 99% 12 Ya 15 50 39% 40 34% Jun 24% Oct 54 ' Coca-Cola International Corp *99 12 Coca-Cola 370 50% #"# * > Par 500 61% *39 168/8 13 3/4 142% 61% 40 39 y2 ##15/:#: 142% 101 40 ■„> EXCHANGE *900 *39 101 38% , Shares . 3 47% #100 47% 46 38% , Jan 25 Ya STOCKS NEW YORK. STOCK V ' 7-' the Week tper share 'i*900./#S/i3#' 101 102 38% s - -61% *141 62 Sales for Dec. 6 , $ per share *900 46% *101 - 62 — Dec, 5 143% -142% 140 y8 46% 46% 46 102 47 Ya • 6i *950 *900 / *101 $ per share 140 63 63 63 *62 #*900 : Friday Thursday Dec. 4 $ per share f per share 24 • , Jun • 16 # 23 > 36 V2 May 21 No par i## 39% Nov 22 # , 60%» Jun 7 152% Jan 2 165 May 31 100 /#,-#. tow AND HlO)a SALE prices Tuesday >: 1;Wednesday ',/ . Dec. 2 12 Ya Oct • Peabody Si > Preferred i ;/i Saturday Jun ' ■ ; 33% ... 12% ; 25% Jan ; 2 • Jun 6Ya Mar 5% Jan 28 67% Jan 17 2 : 90 X# Deo 58% 26 Jan 76% Feb 16 37% Jan 6 59%.Jan 11# :< 9 " 22* 15 % Jan 10 # 34% 60% "90 .' ( . IO6 Y2 #Z *101 61 V# 19% 1 106 y2 103 *57 20%, xl97/a ;; . 14% Jan 47% Mar 17# 43% Jan 17# Nov 23 - # 110 60% ## >60% 108 *101 61 : « *60 ' ; 103 *57. . 20 Ya 20Ya 190 ^ 105.,, *90 110 3/4 / # ,/110 / *l'06J/2 " 24 T 100 0 178% Sep COO is St Loqis Ry Co • 105 - Jan —100 5%'> preferred-/——Clev El Ilium $4.50 pfd——No par # 109 # Sep Cley Graph Bronze Co (Thp) 1 #•■/ 52 ; Sep 106: Jun ; 5% preferred-,— #.. 100 , 99% Jan Clev & Pitts RR Co 7% gtd——50 Special gtd 4% stock. 50 #■/ 56 y4 Feb Climax Molybdenum "19% Dec No par 24% Sep Clinton Industries Inc.—. ——1 • *160r# 190 105 *109 3/8 *106V2 108 y2 # • Nov #82% Jan 28 V 22 9% Oct #/#; *160# 190 •160 19 27% Sep : Oct 112 15% July 10: ■11% July 8 38% Jan 29. »36% Oct 30 # Dee # Nov 21 15% Nov 22 ;'_5 -—No par ## 44% Sep 10 Clark Equipment—— :.1,000 : Deo 16% 108% Oct 14% July 11 15 21 Nov 50% 9 33% Feb :# 53 / Jan #40 - 33 17% Jan 25# /: ; 10 108 '•;• Dec — # ^^—100 Milling Machine Co—10 T Financial Corp—— No par .City Ice & Fuel——. No par City Investing Co—#: —5 5%% preferred—.—:—i,—100 Feb 20% Jun. - ;1 I 7 17. # #26% Jan 11 . 13% Nov. 21% Mar 18% Jan 23 .75% Oct 30 21%= Sep 19 , Mar -Jan 1 66% Jun 4 Preferred C . 1,100 : ■ — 25 33 •■ Dec 115 Ya 10% Apr 25% May 20 6% Apr '#36 -Sep —————No par _25 __—^5 Cinn Gas & Elec common—•_—8.50 Jan Oct ■ 11% Nov 109% Jan 31 32 V Apr ; 14% Nov 25 14 25 Ya 25% Oct 15 10 Dec 58 / Cincinnati 11,400 i ,94 16% 17; 47% 47% 17% 47- 39% Co Chile Copper Co Chrysler Corp ,##; , 3,400 - 16% V 23 x38% 45% 16% 46:; 300 110 P 22% 110 ($2.50) tChilds . 15,100 86 pf Deo Deo Jan 114 . No par "cum div. -No par Chicago Yellow Cab——'——-No par vChickasha |Cotton: Oil#iiwilr-,u#-lO 3,000 7: 42% *40 Pr 50 7 7 Sep 24 3% Oct 10 11% Sep 19 No par 11% May 9 51% Jan 16 7% Nov 21; preferred—— 100 ;: 30% Oct Chicago &■ North'west'n w i__No par # 15%-Sep g.%/preferred w ;i—^-w-a-w—100 : / 34% Sep Nov /Chicago Pneumat Tool—-.i-.No par # 17 "• 45 : Dec $3 cbpv preferred-^— i__Nopar 100 15% 47 : B Sep 4% Jan 25% July 47/a Oct lp Series A v 21% 31 Ya Jan 29 43 v ;:•# Jan 24 # 5% Oct 10 11% Oct 10 v ; 18% 20 Ya Apr 15 #42% Feb 16- : r .cl A—,25 Chic Milw St PI P vtc__ .8,200 *46 lnd.& Louies Ry Co 116 48% Oct 10 (The);—i_—il July 10 •102% July 31' 237/b Jan 17' Sep 30 #/•:. 9% Get Jan . ; t • 14% 3 17% Apr ?2 13% Jan 24• Jan Dee Nov, Jan 23 17% Mar 12 j/preferredi-ii#wi_###wiii#w5dv: Class ; "rs^oo7 •19% 15% 86% Chic 900 20% c. • 5% Dee 29 12% Oct 10' #40 : Cor^) •Chicago 24,700 19,700; 7,400 14% 42% " # 84 - 44% , 105 "Chicago Great West.RR Co—__#50 2,600 ; "• 2,300 60 *58 7 7 *40 85- 27% 27% # 7 42% 81% . 15% 14 A-i; Jun 159 3 21% Nov _Np par . Class 110 ;■ 23% Nov 13 new No par Dee 127 3 14% Jan Deo 48% 104% May 38 Ve Jun 31% Sep 24 Products_w____1 152 109% Jan 14161% Jan 3 Sep 10 26% Noy 22! Dec 35% Jan 8 71 ; Nov 22 ■'"•/' 11 ,10 47% Jan /'• 3 8 % : 13-' $ per share Jan 175 9 Sep 10 110% Jhn 20 90 6Vt ; Jan .8% Oct 10 - 42 ; 20 2 Jan Highest Sper share 81% May 27'.■ 23% Sep 26 ( Sep io Sep 9 20 A4fg_;rwi#wi«—^1.25 35,200 1,100, , 46% 46% # 15% 15%' ,*14% 16 # 43% "18% ' 19% 60 15% 15 5% 43%} 15% • 5% 5% 13% 42 44% 8 9 ' 14% #i8z# ;>6##' 9% 22% Jan ! Chesapeake Corp of Va_*———5 Chesapeake & Ohio Ry__^__>._i—25 ;Chic & East HI RR Co— No par j3,700 3,000 ; 14% # 9 9 43%; 15% - 14 13% *14% 27 *7% 41% 58% 27% 110% ■•9% 14% 18% 45 7 %f 115/s 7%, 14 42% 43 V* 46 10,200 11 # 19% 18% 52% 9% 7% *5% 5% 600 Jun • 104% Sep 19 / Get 29 Co_#i#__w——#—No par Belt Champion Pap & Fib Co '■ $4.50 preferred /Checker ^Cab / :< 1,200. 11% 13% 8% 16% 22% 6% 13% 18% 27% *8% 7% 120 52 40% I 18% 8i #; V 8% 5% 5% 5% 13% ,8% 13% #14% : 14 Z# 11 1,800 110 15% #/ •; 7 Chain 55 1837 1 -138 CorpjL_ww—No par preferred— .#—! 20 Certain-teed 800 22% # 22. 52% 12;; # 8% #. 7% 8 8% 57/a 11 *108% ;• v/ie.#;# 6% 7% 6% 11% 7% 8% 14% 83% 108%108% 109 _X51% 13% 43 VA *40% :25%;.-25% 23% ' 23% 53% zs## 14% *58% #23% #? 500 3,700 13,000 . Nov 18% Nov 22 pfd 3.40% serwlOO JCentiRR of New Jersey# ._100 /Central Violeta Sugar Coiiw——# Century' Ribbon MillSw—i JNo par ;Cerro de Pasco Copper——w_No pari .1,300 - 17% .18% ;r 16 : 8 ' # 22- 14 42% 5% 18% 22. 10% 12% 25% > 16% 7 29 *11 # 33% : 33% , 10% Jan 54% Nov 22 Cent NY Pr Corp t 500 9% 29% 17% *21% 6% 9 153 Year 1945 Lowest - $ per share ^ 31% Nov 22 . 100 fCeritral Hudson. G & E Corp.No par Central 111 Lt 4'/2 % preferred 100: 20 200 share: 6% Oct 30 Cfentral Aguirre Assoc-j-i No par Central Foundry Co_L____#____, 1' 1,500 •■♦■■■■ (. 24% *16% 13% 9 (J I) X!oj0.i^LL#-^.#-25 //- 5'% 4,200 ## 92 23% : 21% >\ • : 9% 113% *89 12% ' 16 11% 8 8 14% 4 9 7 7% 8% #■ 14% 300 : $ per #• Corp_fc#P^#_Pl iCelotex. >## 3,000 ' ' *113 "• 34% 16 53 11% 200 20 9% •' 9% •■•• 29%'...' " . 21% 321% : 21% 4 7% 7% 11%;:: 11% *29 *11% #33% 21 Range for Previous Range Since January 1 LowestHighest Caterpillar' Tractor_i__.-w-.i-No par Celanese Corp of -Amer neW-No par # $4.75 1st preferred! i__»__lVo par 1% 2nd preferred-.# _100 3,700 20% i9% * : 9%. 52 16% 21% 6% ' : V t 24% 23% 23% Xl08% 16% *16 13% "21% „ •' : 25% ;■.■' / :,r:#■• /•. ■ • Preferred "11,400 . . 144 :Case —. ##/ 3,300 24% 23% 111 91 9% 29% *110 111 *110 111 9% 9% , *89 *U%r; 12%: 34% 35% 17%/ 18% 0, v 112% 112%,;', 9%. 29 * 29% 11 18 18 4 *25 9% 9% 34% 35% 9% 91 91 34% 434% "17 % 17% 13 34% 9% *9% *112%: 113% 92 25% *12% 3,800 / - 20%: ; 9% 9% 9% 9% *9% 107 • *143% - ••/#/ ••■•25% 20Ya # ;20% 21 ># 20% .•Carriers & General 1 / 20% 26 . 2QYa - 21 9% 112% 9% 113% *88% 9"% *105 143% 25 % .. 19% 2,600 '< # ' 155 '»59 ># 59% 108 143 % j. 34% *152 20% .1*108 143% 20% ; 112% 9% *112% 90 .00 V ;;:•##■# ###■;; ' 9% 9 107% , 20% 114 "9% *112% . *20% 21 ■ 19% 4; 25% 26% >20%# 21 21 21 20% 21 20% , 107% 25% *20% "20% ; 33%.#34 20% . *142 4 143% 26% >' 19% 106% *142 25 143 V2 25% #;.# 34 "152 < "■ NEW YORK STOCK :#;■#■/#;##': /EXCHANGE ' Shares ' '7% #7% ; z34 ;:: /i*6.%;^. 7:%: 4 155 #.•#; *152 /... 155 60 Y*.v.' \ 58% 59% .59 ; 59% ; 20% 4' 20%/ 142% 32% 33% 155 ' $ per share share per 6% .6% 4 *152 >152, #*55#: # 6% 6>/2 • $ per share / 'Sales for Friday Dec. 6 " > ;•■:• •.STOCKS ■ Wednesday .3 # 28 Deo 53% Sep 7###/ ,/# >39%''i40:Xi. ♦105% >106%: 40% 40 1063/4 1063/4 21 Ya 203/4 S 3% ;. 3% 122% x20 1223/e ;# , 20% . 3% .12%:';-12%'. 25y* # *34 Va ;; 353/4 #*34% 106% 106% l97/8 20% 106 Ya ' 20% 20 27% 26 " 273/8 106 Yn ; 143/4 14 49»/a 49v/ 15% 16Y4 : : 14% - 49 . 15% 15% 193/4 18% 19 *19y4 20 Ya 20% 21 20% 21% 111% 111% 111% 111% 43% 43% 111% 111% # 42 43% #13% 43% . 6% 26%;# -26% 106% 106% / . 13% 35% ; . 2,900 13,900 25% 35%: .26%# 106% 18% 20 6% " 7 6% : ' Consol Coppermines Corp_^_-——#5 Consol Edison of N Y--—No par . 107 19% 19% 49 % 49% 15% 15%#; 19%: 20 21 ' 14 21% ■ 20% # 21% #21% 111% 112 /## 43% 4? 112 #//$5 preferred.———No par 4,700 #; / 500 2,400 , ;49%t 49% 15%-15% 20y4 112% Consolidated Corp—1.33 Vs ,Corp.—.—#—5 Natural -Gas——15 9,600 2,600 3,600 Consolidated Vnltee * # . 113% # 44 ; Grocers Laundries Consol : • ' 6% RR of Cuba Consol Retail Stores Consumers Pow $4.50 330 1 :: 24% Oot Feb 89% Oct 50 ; Nov 7% Deo 34% Nov 109 Y« May Sep 25% July 12 47 18 11% July 31 Va Jan 17% Jan 22 Deo 45% Deo 35 Y« Deo 8 17% Aug 45 Deo Aug 26 115% Mar 15 108% Jan 115 'Feb 54 Ya Apr 18 Nov 23 26% Apr Jan 32 111% Sep 25# 3.5 % Sep 9 pfd——No par Jan 106 109% Jan 28 r 16 % Sep 24 Container Corp of _America2.---.20 ■ #3% Mar 24% Jan 23% Apr 20 60 May 27 33% Jan IT * 17 34% NOV 26 Y* Mar 6 14% Nov 22 427/s Jan 124% Deo 29% 55% May 13 10% Feb 6 36 4% Nov Jan 89 18% Sep 6 40% May 13 • 9 H J®n 28% Jan 1 17 . pfd#—.100 Inc. Feb 36 Ya Jun 132 • 105 Ya Sep 4 # #17% Sep 10 / 13% Nov 29i Aircraft—_„1 Consol 2,300 > 2 SYaOct 10 * 21% A#; 43% Consolidated # 20% 21% : 113% ; 43%; 42%- 20 :#,14%; "14% 14 2% Jan * 7,000 25,700 4 1,300 No par v 123 • .. 400 - . 59% Jun 0 July 15 32 Ya May 13 • 5% Jan 31 36 Ya Oct 30 104 Ya NOV 27 #19 / Nov 22 . Sep 10 $6 preferred series.——No par > 111 29%.Sep .4 Commonwealth Edison. Co. —*25 # Conde Nast Pub Inc new—#_No par #12% Nov 22 / 24 Ya Nov 22 Congoleum-Nairn Inc#--—.No par. 33 Oct 9 Consolidated Cigar——No par . 2,400 .3,500 , , .7/# 26% 26% *106% ; 100 : -19% 19% ~ *14 # #14% ;• so ##; # 49% 16 # 15% 49% 13% :: , 1 Credit-—i.ww#--#—ilO Commonwealth & Southern—No par 127,000 " - preferred.^ Commercial Solvents. $3.60 #4 >6,100 20% 25 y4 /; 35%. 35% 19% 14% « . "13' : 25%; 25%; • 106% 20 19 ; . 0 x6% # 26% 106% 20 Ya • ; "'•r 12% , 26 *35 Va #36.. pa- Commercial 390 - ■'#, 3y4 3% #122% 123% 32% :32% . - 15% 15% 6% 27 19% 49 ♦14 , 106 y4 14 #/ 49% 6j/2 257/a 12% 25% , '35% # 34% # 19% "122% 122% ; 32% 33% 33% ' #. 12% 25% 25% v . 3% 3i/4 .3% 123 32% 13 12% ■ 25% 35% 6% 6% 6 3/4 ,27 122% 33 1 13% 25% # ##. 3'A 122% 32 y2 25% *6% 3% 122% 20% 21 Va 20 V* # 21 # 105 X105 106 105 ; 20% 33 ## 13% ; 106%. 20 3% 3% 122% 122% 32% ; 33 M: 32% 106 *40% : . 40% Not ' 18% ,19 19 *105% 106% 38% 39% t / 106 18% - 10% ## jV 10% 37% 367/« ; 37y# *15% 16% :\*47% 16 16% 49 / .t 14% 14% S3-; 53% 14% : 0 36% 0 15% 36% *99 < *28 ya' ? '4 lOVa 106# 48 .40 #/ 8% # 100 ; = ; 13,300 106 *102 8% :. 8% # r-47%- 47%.#/ 10% 10%/ 16 •10% : 15% # - 16 48- *47% 13% 12% *52% 54% *53% :15% 37%". *15% : 16%" 37 ■- 36%.; 37%-; # 15% >12% .-*47% 12% ; 54% :v ; 15% 47% ;• 47% 37% 38 f 15% * > 3,100 15,100 9,200 - 16 ■/.: ; i6 16%;: 16 49 ## "•*47%: 49 13% "•13% 54%;;: r. 13%,,# 54% r. r 47/ '••//.. •47% / * v 68% 190 V 67% . *187 51 "51 A% 35;./ - . 190. .13% 54 < f: 26% >102%- 68% , "*187 7% / 4% 36% 102% 102% 102 Va 37 . 68 Mj. 7% / '• 5 37 * 53" "';, 54%, ..54% ;• :• Continental 4 2,400 v 100 2,800 '#14%/ 14 •54.# 14% ,•>53% 54 V* • 27 ; 26% 102%: 69'/. 102% : 190 /69 27 r 14% ##14 # -53% .53%' > ■ 26%' .26% Oil of Del————5 ♦102% 102% I* :V..69% >70: *186% 190:; 10 x 71 *186% 190 *186% 190'" # f: . .28% #28% 35% •so -36 .si . ■;• For footnotes, see/page. 2975, •7% 4%: 34 ya 7% .7% 4% - ■ 34% *99 JA 103 28% 35% *50 ' 28% : 36% - 8 35% ♦50 ;^ .36. 36%. 37 -51 36% _ Z 7% : Co—-#-20; Corning Glass Works common_l_.5 4,500 120 :' 3%% preferyed-L.#-—:—.'-—-100 Corn Products Refining—25 4,400 Corn 7 : ■ f m- 36 r X '•: ■ 2,000 1,300 Preferred Coty ' ; , 2a ^29 . 101% 101% ' ;•: 51- • •51 29 r29r ' # 37% #37%: • ; 37% *50 . t # 37% : : 51 1,400 2,000 -.200- • 109% Deo 50 Sep 113 - Deo 17% Deo - , • 49% May 23 Sep.11 25 Y2 Oct 36 " May" 8 Nov 26 #7% Nov .22 * Sep.10 Oct 48 Sep 20 10 .Dec 110% Aug }8 - '35% Jan 14 62 Jan 14 54% Feb 6 . # 16% Aug 52% Mar ; v 6. 7% Jan 29 55% NOV 47% Feb 210 Y4 Mar 3.0 •14% Apr 10 49% Jun 17 Nov "26 28 32 49% Jan 69% May 29 109%-Aug 14 , Oct 80 101; 19% Deo 53% Jun ,71 >4% Oct ,10 31 12% Jan .27% Jan 18 67 Va Jan 21 - « 102% NOV. 18- ,* NOV 28 Y« Deo Jan 16 23% Feb 16 / 60 Apr 24 # . Oct 31 188 43 30% Feb 156 Jan 19 '.xl2 Ya Nov 22 # 58% 20 x23% May 29 12 Ya Oct 30 62 59% Oct Dee Jan .. 8^4 Jan 29% July . Nov 22 50 40 . 46% Oct# 9 ! 108% July 10% Apr 18% Feb 8 # ,'63 Jan 18 24 Jan 29 83% Oct 30 15 & Deal_-##/——No par. $2 preferred — -——No par Crown. Cork 93% July 37% Jan 53% Jun 10 113"% Mar 29 Oct 10 Wheat: Corpc (The)_.._2 Cream' of 17 % Dee 109% Jan 10 # 13% Nov 22 ' _##——100 Inc#———##;—————I 8% Jan : 46Ya Nov 27 10 July 18 22 «Ya Nov '21 ' Bank Trust Exch r Coty Internat Corp...— —il 25 5,300 :' Crane Co common.:—-#— 400 3% %v preferred—.,——l—100 • , . # 1 4% I 4%35% : #102.% 102% , 29% - ' 7%: x7.% #4%.,. '•#*4%///''4%- *102%. 103 28% 51 -4% '35% ; ~ Corp—#—1- ie 10L Sep 23 33%. Sep 19 103 Ya Nov 26 . Cornell-Dubller •• Electric 220 26% •/■27 •"■•#■: ; >102%. 102% 102% # : Insurance—^——10 Motors———.i—1. —14 Cooper-Bessemer / Corp—#—.No par $3 prior preferred#——a-wNo par Copperweld Steel - Co (Donv pref 5% series—--.—#-56 w, / #4,600 t, 54 ,r/#, '*53% ; :• 69% r>13% -14 12% Feb Continental Steel Corp.— 80 - —No par Fibre—--^-5# ' 36% 29 ■ Continental • #_# Diamond Continental ■ 1,000 13% # ,#•#13% preferred Continental 2,400 10%: ,15% • $3.75 • •8%; 10% ; Continental Baking Cb :—No par #'/ >$5:50 > preferred—-#-#—/-No par. Continental Can Inc—##-♦——20# X/v: 15 / ■ ' > 54. ! 27% 8 8 *4% .15% 49 54%; 27% 102% 102% V*27% 28 *102% 103 / - v 121,200 ' 108 .38% " 9% 21% *105% 38% *104 # 38 #■#: #; 106 47% 36% " ■ >188 37 % * r. —.68% # 10% 16y* ;,#/ 54% r io% 15% -V: *47% 64% 13 ; 37%' : 12% : . *105% " 10%-; 15% 15% , 13% i. 37%. *104 ## 8% '8% t 20% 20% 108/;# 20% 20% 19% *105%; 108 • ; 19% 108' 39, / ; 36% 37% io8% ; *105 106 8% 9% /; rt 8% 46% 47% 47 >; 47% # 9% 46% ' 18% *105% 37% 9% 46% 10% • 106 - *103% fl03% 109 : !„ / 30 Jun t. 26% Deo 64% Oot 38% Oot 108 Deo 101% Aug 58% .Jan 182% Jan 71 Oot 199 Deo Jan 13 Deo 6 , . 3% ,Jan 25% Jan 99% Aug .24 Jan 37 Jan 49% Nov 7% Deo 43% Deo 108% Deo 84% Deo 89% Deo 53 Deo i'-ViUrv'f'!'"■ Jv''''i]Av• v:v» vv THE COMMERCIAL & FINANCIAL :s:••:• •• Monday Saturday Dec. 2 Nov. 30 '$ $ per share *117% f , 29 *:Y , <'105.' : 1 . 29 30 - 105% 105 V2 *116% 118% "' '29% 30% '105 : 118 VB 30 29 29% 29% 2914 y 91 88% 90 88% 88%" *24% 25% 24% 24% ,•19% 20% ,20 ,.j::20 ; .39%- :,.39% • *90 s: 90 *24% 2Q.,;.ffi20% *16^j ^75 ' 39%y.ll39% • 08,1 3,300 - Cuneo Curtis Pub 112 25% 25% . (The).—.* Prior Curtiss-Wright Class A —— Cushman's Sons Inc 1% Cum 97 -17% *31% 32 18% 18% 18% "18% •' •••'34 •'.. ^•34% •*34 35 Y. 18 • Deere & Co-. Nov 22 16 % Nov 28 35% Delaware 7% Lack Western & 50 1—— 3 : May 13 31% May 23 34 19 Sep 23 . 110% Jun 36% July 31 113 6 ::Y 16% Nov 25 17 ; Jan 7 34% Apr 20 21% Nov 12 Nov 22 31% Dec 58% Jun 2 3 33% Oct ;Y 31 42% July 26 25 % „10O i — 9Q July 13 98% Nov 15 4 Dec 17 c—L—_No par -———20 Preferred Delaware & Hudson Rep 94 Decca Records lncYnew.-u.-i»-.-50c ! " 7%.. 1 ; ;__100 ; 5 series A Chemical Corp (The) 1 Dayton Power & Light Co (The)__7 4%% ; 100 preferred Dayton Ruber Mfg Co *. 50c 113 35 :r4...Ym — pfd 3%% Davison " :• pfd__ Inc ——J Davega Stores Corp N Y 17% *110% 7 —_ — Cutler-Hammer *18% * 20 - 1\ — 26 23% *95 7 —-y preferred Dana; Corp •*21% Stores Inc. Drug Co preferred $7 . 25% Inc______. Cunningham 10% • *110 preferred—.: Press 55 , >f 10% preferred ,y—- 4%% ; ' 18 *17% ,.-*51 ...i preferred Cudahy Packing Co • 26 1\ preferred; ■- i. 7 % — . ■ 26 —7 7 _ of Amer_ Cuban-American Sugar, 'A 3,700 r :t ,, , Steel Cuba RR 6% 120 99 .,*97 y . . 5% 700 25% ,, , 119 119 99 Crucible 5,400. . preferred .; preferred 2nd ' *88% 3 7% 17% :Vv> ' 18 18,;*.. '' :.Y *47'% 53 53 /- «.v'' 50 50 ! 10% 10% ;,"fv 10.% 10% Yiv 10% 10% YY, 115% 117% *108 112 117 119 YY; -i>*66rf' 68 • •• rX69 69.-^ 68 68 Y1 5%YY e 'Y' ;,t%; 5% 'Y. 5% 6%, '. 18 18% 18 yy 18% 'Y Y'yY I8"Y:;Y'18% .' *129 135 *129 135 *129 135 10% . 29% 30% 29% 40;* *97 YY' 99 38v- 38' 99 v *45., •142 !»,;53 10% Vw 37% Y Y;;*97: <■' ; is.",.';' is 18% i, $4 89 89 24% 24% " 25% 25% 20". i :• • , 20 20% >-i§5y i75fy; %>-> iwy .175 /.y • *96 99 J.7%: •» ••'Y:: $4.20- 100 29% Y e 19% 38 % 37% ,> 150 117% ■V y fl65 ; 175 *1-6.5 r.;f 175 2,700 *116% *116% 117%! Corp——Y— Crown. Zellerbach 29% 1104%. 105% .105 ;> 105 i 29 EXCHANGE , Shares $ per share , *89 29% „Y 29% 29% STOCKS NEW YORK STOCK the Week Deo. 6 $ per share $ per share , 29 Vi *116% 117% 117% 125 > 105 105 105% *105 29 Y<Y'': share .; per Dec. 5 Sales for Friday Thursday i Wednesday Dec. 4 ; Dec. 3 ■ share per 28%' 30% 30l/a 5 Yy. \c ifev AND HIGH SALE PRICES Tuesday ■ . Monday, December 9, 1946 York stock record n ew LOW CHRONICLE 24 50% Jan Sep 29 16% Jan 6% Oct 10 16 20 23 Oct 10 28 Apr 17 Detroit Hillsdale & S W RR Co__l00 60 Oct 10 77 Feb 25 xl7% Dec 3 15% Oct 30 Detroit Edison ,.24% -.24% Detroit" Steel Corp 1_1 De Vilbiss Co _Y———————u5, Devoe. & Reynolds class A——12.50 Diamond 6% Match Distil Co preferred Cup Class Doehler-Jarvls Chemical $4 16% Dec 3 !_ Douglas Aircraft Dow 10 ,____7/o par 63% Nov 22 Co preferred No par A- series Mar 19 37% May 31 18 29% Feb 22% 6 26 192 < Jutt 7 122% Jan 11 118 "Jun 27 110% Jan 33% Jan 17 15% Oct 9 91 Oct 14 15 Oct 23 Apr 12 41% May 10 Duplan Corp No par 25 Nov 20 58% May 28 & Co 20 --—No par 1st pfd 100 161 Oct 30 124 Dec 3 .Du de P Nemours (EI) $4.50 preferred ; Duquesne Light 5% D W Q Cigar Corp Dec, 3 &per share Nov. 30 i per- *' Dec. 2 share • " Dec. 6 : Dec. 5 $ pej!share $ per share $ per share Jun 133 July 116% Feb 21 12 Dec 20% Aug 13 155 Jan 3 125% Jan 5 113 H Oct May 21 Range for Previous EXCHANGE t $ per share Par Year 1945 HighestA Lowest Shares Apr Mar Range Since January 1 NEW YORK STOCK the Week Y 111% 1 Sales for Friday Thursday Wednesday / Deo. 4 •1 < $ per share - 227 7 112% Oct 13% Sep 20 ^ STOCKS LOW AND HIGH SALE PRICES r]'.f 1 Tuesday Monday Saturday " 27 116 3%% conv preferred 100 Dunhill International -i———1 —u Jan Mar 111% Oct No par 50c U_-, Jan 65 108% Mar 25 143% Feb common—No par Industries Dresser July 10 48 25% Nov 22 X23% Sep Corp Mines Ltd Dome 30 14 109% Feb 5 52 Apr 24 62% Jun 10 48% Sep 16 —No par 4 Aug 26 34% Jan 28% Nov 27 —i-No par : 5 9 50 104% Nov 27 No par Co common A Dr. Pepper Co—-.-— 13 , 50% Apr 9 10 14% NOV 26 2 ——100; — 2 Aug 39% May Sep 23 16% Oct 2 Corp-Seagr's Ltd new Dixie 42 25 Motor Car T 24 Sep 24 34% Oct No par — partic preferred Diamond YY 5% 23 % 19% Dec Lowest S per share per share , .Y' Y •; Highest t per share :!kT;^^Y,-:,Y:yy. 21% 18%. •: ;,21% y; 18% y 39 : 22% 19 ^■j? '38%Y 38% 218 220 v : 194% 46% *188;' 48': .*25% . 103-Y , 103 19%* 19% t*lQ8^M09 ff 7% « ! '54% 53 '•"13% 3% 15% 13% 37% 3% y: 15% •156 3% 155 y2 156 *102 - 3% • 15% 154 155 % 3% *142% 143 % 42 V2 42% 42% 43% 155 *50% 51% 50% 50% *50% *18% 70% 25 187/a 72j/2 70% 107% 24% 24% Y,: 25% 103V8 106% 102% 104% 106% " 105%- 105% 2%' Y: 11% *105 <*■?■ 105% 2% 2% 12% y Y r 11% 56 106% 105% 2% 11% 11% 11% 55 *90 . *104 105% 2% 2% 11% 12 11 18% X10% 18 :Y 25% 39% *7 24% 39% 25 *38% 7% *7% 52 . 7% , 10% 11 3% 3,700 16% 23,400 19Va 24% 25% 25 39% 40% 7% *141 22% *7 22% 22% 7% 7% 23% 8 23 23 y 23% 102 *102 »/4 103 *40% 42 40% 40% 40% 41 41% - 23% 42% 52 Va 42 • — *40% 11% 22% 106% *104 >/4 23%106 .21% 21% 21% '53% 53% : 53% ?2 • 53% 52% *105% 53% 52% 54%; 106% *105% 500: 106 70 106 , 104 *103 105% 105% 107 *106 2% 2% 11% 11% Engineers Public Service com——L 330 $5 preferred —No par 270 $5V2 preferred — —Nopar 410 $6 preferred —i;— No par 3,300 Y YIEquitable Office Bldg Nopar 17,000 Erie RR common Nopar 3,000 5 % pref series A—— 100 , . — 10% 19V4 25% 3,400 40 1,700 3,500 5,700 ■ 200 7% . Erie Pitts & 22% 22% 8 22% • 8 ; 23% 7% 23% 23% *102% 42% 41% 41% *40% 12% Xl2% 12% 23% 23% 237/a 105% 105% *104»/4 106 ' 21% 12iy2 & Traction preferred Federal Light $6 Federal Min Federal-Mogul Corp Federal Y 21% Ferro *52 . conv 53 y2 53% 52% 53% Firestone 106% *105% 106% Tire National 57% 57%— 57% 58 59 First 17% 17% ISVz-t 18 Va 18 y8 18 % 18% Firth 31%" 30% 31% x31% 31% Flintkote 107% *106% 107% *34% 35 V2 Florence 16% 167/a Florida 29% 30% 107% 30% *107 *34% 36 36 X16% 16% 16% *21% 14 •; 14% 36 16% 22 *21 22 14 14 15 15% 14% 15 81% 82% 22 22% 82 82 23 24 Y *25% 23 23% ^ 22% 45% 46% 45% •25% 107% 26 26 23% 47 : - *107 -59 > $4 & Co - Follansbee Steel Food Stores Fair A 10 Inc Nopar Corp_ Foster-Wheeler Corp 6% prior preferred Francisco new .Nopar Corp Machinery Freeport Nopar 7%i Cqrp class Nopar Nopar Co— Shoe 10 25 No par com preferred Power _1 No par Stores (The) Stove * 100 100 Carpet Co (The) Florsheim Food Rubber preferred 4% % 56 *107 Ins N Y Fidel Phen Fire 53% 17% - com.. preferred— Enamel Corp 1 4 y4% —15 Nopar 2 5 —_—Nopar Motor Truck Federated Dept Stores 21 ' ■ Co Smelt & 53% 106% 106% Nopar Morse & Co Fajardo Sug Co of Pr Rico 20 Farnsworth Televis'n & Rad Corp_l 53 y _50 Co . 17% Dec 6 17 Nov 22 63 Oct 10 104 Sep 3 21 Oct 9 100 y» Sep 12 102 Sep 20 104% Dec 5 2% Jun 28 9% Oct 10 48 Oct 10 90 Oct 30 Eureka Williams Corp— —5 10 Oct Evans Products Co, 5 15y4 Oct Eversharp Inc ——1 Y .'. 21% Nov Ex-Cell-O Corp 3 34% Oct Exchange Buffet Corp— 2.50 7 Oct 103 42% .42 RR Sugar Co Sulphur Co 3iya 61 263 209 • 10 10 25 Nopar 10 . 10 10 23 30 10. May 16 13 —. . Jun 10 Apr 24 Aug 28 Feb 2 170 185 49 Jan 1 .. * — 35% NOV Jan July Jan Jan 229 30% Feb 2 21% Aug ,437/»Mar29 20y*Mar 21% Oct .17 — — 102% May 28 Y: Y 62 Mar 111 Jan 24 103 Sep 41% Apr 9 16 Jan 106% Jan 15 100% Jan 110 Mar 8 100% Sep 111% Mar 6 101 Sep 5% Jan 30 1 Y: May 23y$ Jan 28 12% Jan 93 Jan 17 68% Jan 95 Jan 29 86 Jhn 22% Jan 14 Y«Y;Y 11 % Jan 33% Apr 16 15% Jan 58% Apr 26 — Deo 200 71 > 40%May22 V — i 112 Aug 2 104 Sep 23% Sep 16 >« '*.4 ' 114 Feb 25 Y 108 = Aug ! ' 16% Jan 28Ut 8% May 80% Feb 5 42% Jan 35% Apr 5 14 Jan 48% Jan 24 i---«.Y: 7% Jan 24 4% Aug 29% May 28 3% Jan 180% May 2 109 Jan 167. July 10 103 Jan 56% Jun 18 43% Aug 81% Jun 25 34% Mar 11% Nov 22 4 5 Emerson Radio & Phonograph Empire District Elec Co—. 10 Endicott Johnson Corp ——50 4 % preferred 100 30% May 22 ■ - Corp—5 20,500 29% 28% Steel Emerson Electric Mfg Co 56 Y ' .800 23% i2%!/! 23% *104% page~2975; , 9,800 1,200 12 41%'^ 12y8 22% see 1,100 2,300 42% X51% *102y4 103 12% "Fb'f footnotes 300 145 Stainless Fairbanks 22% 102 y 1,400 xl53% 154 ' • 200 37 52 -7% VY :8YY; ' 5,500 3% ' Y 5,600 -95 10% 19% 7%' 13% 56 *90 . ; 20 2,100 Y 15% 2% 11% 55 y2 95 39 40 22% , . • 7% 53% *36% ' 2% 11% • 18y4 . 18y4 - 104 105% 104% 107 y , ' 56 *90 10% 17% 55 95 24 v- 28% 104% 25% 55% 3,200 • 13% Y . 30 21% Y 110 '53 " 1,100 104 7% ,52%, 102 y2 *104% 106 ' 2% 10% - 26 25 104% 105 *104%; 105% 2% 19 18% *102%. 103 103 95 *90 21 *108 4,10C 25% 25% *103 12% 18 V4 18 VA18% 18% 70 70 106 106% ' 69 y2 69% -104% 104% 25 25 47% 47 , Eastern 1,400 219 19 Sep 3 16% Nov 21 30% Jan 2 Eastman Kodak Co-—; -No pof 200% Oct 10 6% cum preferred—100 190 Nov 22 Raton; Manufacturing Co .—439 Oct 9 Edison Bros Stroes.Inc com— 1 25 Oct 10 4% preferred —100 101 Oct 24 Ekco Products Col-—-^.i———-^.5 17% Oct 9" 4 % % preferred —————i—100 . 106 % Nov 21 Elastic Stop Nut ;Co_.,— ;1 6% Nov 26 Electric Auto-Lite (The) 5 50 Va Oct 10 Electric Boat common——3 Xl2% Nov 22. Conv preferred No par 34% Oct 9 Elec & Mus Ind Am shares— 3% Dec 6 Electric Power & Light No par 13% Oct 10 $7 preferred ——Nopar 138 Sep 24 $6 preferred -.—Nopar 128 Sep 20 Electric Storage Battery--—No par 40 Oct 8 El Paso Natural Gas———3 ' 44% Sep 20 Co———10 Eagle-Picher Eastern Airlines Inc————1 194 % 12 Va 12% 18% 72% 103: Y 57 52 * 18 Va, 107 *105 103 52% 12 700 *188 t 42% 18% *70% . 145% *42 18% 18% *105 *143 42% 52 , 12 Va X18 18 % 18% 70% - 107% *105 I - 11% 12% , ,. 42% 51% 34,600 38% 219 , 15% 154% 155% 16% 145 2,200 21% 38% 3% 3% 15% 155 145 43 % 18ys 103 21% 20% . 3% 15 y4 ' 144 *141 143% *18 103 104 3% - 15% '154% 42% 12 194% 47% 26 , •143% - 221%. .'121^/2 , 15% 15 •V 103 * 20% 39 19% 19% 20% * 20% 20% 108, V.i. *108 109109 109 7% 7% ' 7% 7% 7% 7% 52 53%; 52y4 53% 52% "53%' 13 % 13 % ■ 13 % 13 % 12 •% 13 Va *36% 37% . *36% 37 " 31 - 37 36% 3%: r;-U 220 V*188 r Y 46 . 26 22 22; 19% 20 *38 39 220 221% *188 , 194% 47 ' '47 ' 25 25'A 22 19% 13% 38% • . 21% 19% 39 .'108.- 53% 52% y 13% *36% 194% 45% 46% 25% 25% 26% ?i*.103 :'i' , 220 X220" '.*190 ; 21% 19% 39% Jun 66% Oct 109% Deo 113 13 Deo • 71 Deo Deo 24% Deo "~7%~Deo 19% Deo 158 Deo 148 Deo 55% NOV 148% Oct 29% Jan 27 V* Deo 81* 107% 37 Deo Dec Deo . ' i 63Va Jan 15 11% Jun 3 42% Jan • Jan 106 108 109 July July July 4% Nov 20% Jun 88 v Deo 92 Nov 20 y» Deo 28% Deo I. i.csiy KWTT. • ^ f»i«>*ss3as3«g^sai^ Hfeilj^ Volume Number 164 4549 HWdk. THE COMMERCIAL & FINANCIAL CHRONICLE ; ,'1 i ' j 5 •-*" } / iA -' $i*[ /* * • .•- •; '• ;• ..." '• . _i —i.f .^. . V'. •* ' • —• — ; I ' > I ' ,'.\.M * 4 4 • . ?'.*.* I . *.•.** * K.f «. NEW YORK STOCK RECORD LOW AND HIGH SALE PRICES Saturday Monday Tuesday Wednesday Thursday Dec. 2 Dec. 3 Dec. 4 Dec. 5 Nov. 30 3 per share *16 $ per share ' ' 17 *16 32 100 Va 31; 100% ■ 16% * 31'A -16 *16 31 32 % : y> • the Week 8 per share 16% 16% 32 •ioq..;;ioo% Shares ," 16% 31% ' 32 ft 99% 100'A 33 y.i;-ftftft 300 -ft.- A 100% 100% 3l0 4% cum preferred ? *11% 11% 7% •-"ft; 20% :>ft - 9 20 Va 9 V2 14% 14 % r'.'14% *17% 17% ft 17% 8Va 77/a - ft*' 9% 14% V .f20 ' 9% 14% 20 Va : .'ftft 9% 1 • v ' V ft 11% :11% ; / 7%. ft/7% 17% ; 8% •ft 8 Va *39 - ■ •15% 39 % 8 ft 38% 15% *85 39 15% :* 15% : *85;- H 100 '• •- 20% 9Va 14% 14% 14% *17% 17% •"*17 Va J < 8 8 38 Va 38% 15% - 15% 15% '■'/ ' 15% 100 *80 Va 15% 16 15% 15% *105 15% ft. 106% 108 49% 12 106 Va 49% 50 12% *170 12 ft ,*42% 29 *159 ft: 165% ;. 34% *159 ';;"ft42 •/'• -ft,. 42% i 47 '47% 130% 131' 116 116 ;49% 1,000 17% 900 5,900 1,400 Gar 3,200 Gaylord 9,400 Gen 8% 38% 15% 15% * ♦86 Va 6% Wood <' mvti >• 4%% conv 28 V* \ 27% 42% 115 48% 125 16% 16% 14% 15 14% 3'A 14% 27 27% 147/B 27 141 *138 141 ; 31 36 *30 108% 99% 31 > •; ..- 5 Va 31 108 141 ' 5% 31 108% 31 30 Va 110% 27 108% 108% ♦105 *105 107 108% 35% 107% 107% 101* *98 *105 35% -35% . 31 30%. 105% 101 33% 105'/a 34 ■' ■■; 41 ;>a 40 40% 54 *53 53% 6 6 6 120 *118 A120 *118 "118% 118% 30 29% 30 < 28% ' 106% - 105 51% 53 i 23V 23% ; *6% 6% ' 13 Va 18 12% 29% 47 46% •. *60 • 159% 61% #;• *66 *103 \<38 13% y 61% *66 '■ 68 a *78 14 42% y 66 ■ 24 *78 23 a"1 %V V;5%!. :. 30% 63 .ftftyft 105 63% 105 ' 52V4 ft 7,100 ; 12% ki 13 29 Va y 6% 13% 29% v 30% 102% 17% 17% •: 32 ft; 200 6% 26,200 1,800 2,000 46% 45% 46% 159 ; 159 - 31% A 68% 36% 104 24% '■\T *80 104 25'A •ft 7y8 • 69% 80 80 13 Va 13% 13% 14 .40% 39% 41% 39% 61% 62% 61% 62 13% 13% ■ 300 • 13% 185% 17% 27% 15 26 123 36 Oct Oct 172 May Sep '153 8 377/a 46% Jan 40 Feb Oct 32% Nov May 5 26 10 Jan 23 14 22% Jan 30% 15 lYa Jan 7% Deo 28 k J»a 123 Feb 3% Jan 4«% Deo 11% Feb 100 47 Jun 10 99 46/a Apr 111, , 19 118 15 104y8 Sep 22% Jan 5 No par 100 ——No par ft;; 36% Oct —50 53 Dec 6 8 A Jan 151% Jan 8 Nov 14 10 27 Nov 22 59% Nov 22 88% Apr Tire 50% Nov 43 Feb 7% 165% 74% Apr y . ilu 12% Motors.—. 1 City (W —No par No par 19 5 — pfd—No 5% Jan 30 12% Jan 9 4 28 Nov 26 101 Nov 29 112 19 21 .■.•-—5? 54% May 10 '-27% Feb 8 40% Jun 3 Co Iron" Ore Prop—No Nor 16 10 100 Steel- T) 5% Oct 5% Oct 30'A Mar 5 Co par 12% Oct 9 16% Feb 'ft par Feb y 115 Nov ft 19 Mai Mar ft' DeO ' Jan 7% , 33% Bay West & RR--—, 100 Oct 55 30% . 15 ft, 21% Deo ft 65% Nov Aug 39% Jan 175 54% May 28 110 - Nov May 75 Oct 86 Pe° 22% Jan *35 Deo t . 100 108% Mar 55% Guantanamo Sugar 2,400 13% Nov oep Feb 79 S 26 Deo 109 Va 25% 1 28% Aug NOV 33% Deo 21% Dec — 8ft-ft. *9® ^3AjaJ?28:' Oct 105% Mar 63% Oct 18% Ja 4ft Oct Jan Not 40 July 8 iflft 18 , May 67 a 53 10 21 104% Dec ft 39 0ct P 102 6 Apr 3 19% Nov f 3 Mar 77 21 105% Sep ; No par 107 51" Jan 52% J 3 Deo 105% ,147% July 25Va Feb . 47% May i4 100% Sep 20 k 26% Deo JJ%Mar Ma ,. Deo w 25 A • 29 116 ^ .Deo 111% ■ . 96 56'A Jan 4 59 May 10 y 21 100 No pat ;ft ^^ Apr 13 30 5% Nov 1 — 46 Jan 9.'<yrvr-.-ft;lW; 10 106 10 8 26 May 17,00 21 Oct 44% 108 5 32% Nov Deo Deo NOT 38% Deo 111 Mar 133% 27 A • 42% Apr 18 4 No par ft, 102 % Dec Jan 31 Mar 105% Nov 4 14 Oct r Deo 25% Mar 17 Feb Jun ; 60 Oct Deo 8% 34 ' J 19 • July 10 49% May 21 Dec 140 Ja 21 ' 132 ; 20 96 No par 8 26ya Jun 10 ^ 102% Sep -.^-.100 130 Apr 23% May 21 48 May 31 150 Apr 12 ; , Deo Mar Deo 77% 7% Jan 10 5 125 Feb 14 Oct Jan 29 9 Jan 62 Dec 123 Oct 5 Mar 40% Jan 8 4% Oct 114% 14 , 20'A Oct 10 52% Aug 134 ft Aug Jan 132 21,;. 24% Nov 22 137 ft 127 8 Nov 56 43% Aug 80% Feb . Deo 27 % Mar •1 8 26 Nov Deo 15 Jan Mar 6 6 29 Greyhound'corp (TheJZ-IIIno"^ $5 common——1 preferred-— conv 1,800 $5 4,100 Gulf preferred Oil 6% Oct ; No par No par Gulf Mobile & Ohio RR 6,600 40 61% X61% 160% Jan - 9% Sep 19 108 Jan 25 30 A Jan 28 31% Oct 9 78% Jan 28 56% Sep No par 25 Corp 13/a J 9 10 Nov 22 80 r May 31 78 M* Deo Dee 30% J u*u Jun 182 ^ b» Dec 12 % 4,400 81 40 • Feb 21% Nov 21; No par 14% ' 10c com Jan Deo Deo Deo $ft^ 15,900 7% 81 40% 62% 104 Sep Deo 61% 8% 8 54% Aug 135% Jan 101 Great Northern Ry 6% 700 ft 37% 7 Nov 109'/a 9 Apr 52 Deo Apr Jan 49 5 56 Va Feb 1 3a\/A preferred ft Great Green 24 y." 25% ft.: 7ft 17' 1. preferred— Union Granite 30 69% Va 104 25% 6% 83 • ft 37 •• 3 10 Jun 114 . 182 7,400 - 37% *103% 25% x22 Va ■•' 22% *!56%ftl60 ft a *60 ft; ft 61% ft 61% .69 ""3Jr 33% Dec 39y8 Oct 128 & Rubber-.—No par convertible preferred—No par Grant 7,200 13,100 ■ftftft 45% ft: 457/a ■• *60 ; 17 Va 22% V preferred—No par - 1043A 473A Aug 12 40% Apr 15 8 Oct 42 * 100 (The) 14 Jan 16% Apr 90% Aug 24 156 No per Granby Consol M S & P 120 16%; Co conv 24% 14% Apr 6 200 Apr 29 28 Va Apr 27 30 Corp——! Graham-Paige • 5,100 102% 46 ; 158 68 103% : 45% 158 37% a 67% 36% : , ft 17% 22% a y 61% •60 37 , 23 Va 22% : 17 x35% Sep 27% Oct 14'/a Oct Razorpreferred 80% Jan 7iya Apr 22 26 10 preferred-, •ft Grand ,ft. 2,000 13 31% i Jan 12% - 6'Aft '12%-ft • Nov 2% Oct Gotham Hosiery 40'A *102 ; 108 t. 19 -—5 —No par Corp (B F) preferred— $5 $5 1,900 * 17% 61% ; "ft 75 No par Safety Goodyear 6% -ftftft 102 102 . 8,000 40'A • 13 Va 13 32 102% *6 6% 40% ♦39% 8'/a Sep .—10c Goodrich Co ft - 106 23% 22% 6% 6% 40 *1057/a ft Corp 58 1 21% July 48 No par ; No par < Brothers 4ya% 3,800 53 15 Goebel Brewing Co Gold & Stock Telegraph Co Goodall-Sanford Inc 130 *103% ft. 106'A Nov preferred^.. $5 .' conv 400 2,100 • 10 May 28 141% May 28 Telephone >. $4.50 ft Glidden 2,600 307/a Shoe Gimbel 200 119 Oct 50 Refractories— Gillette V 400 > 14 preferred- 33A% 4,000 6Va 119 yft 52% ft 52% *105% 106 22% 23'A 6% 6Va 39% 102%;- 66 - 40% 62% ;;v 63% *103% 5®% 21% 24% *6% •42% 61% 31% 61% . V < 12,200 53 x; *6 120 , 30 106 39% *103% 104 13%; *40 . V 36% . 82 13 , 62% 6 ■■ 22% 22% ♦158'A 160 y *60 6i% ■ 82 42% 62% 45% < 23 - 7% *78 17 Va .va* 36% ■r.87aaa ; Va: 103 ■ 103 <; 25% .24% 7% 7% 25% *7% ♦101% 160 •v 12% 28% •80 37% 103% 36% a 46% *158% ,, 68 ' 45% ^ 22% 23% 23 159% 31' •105% 8% 6% .101 a, 17% »' 17% 51'A 22% 38% 101 18% , a 120 ' 53 1 6 60 62% .*103% 105 106 6 6%. 29 V* 102% ?: * 29 %s 52% 22 . 39 ,->:T2% 13% 29% 29% *101 6% 38% *51% 8 No par General Tire & Rubber Co i 4V4% preferred ' 106 eya 38 Va 38 61 lU 6% a 120 31% Jan 61% Nov 24 Corp— 20 ;32 Nov 25 Gen Time Instrument Corp__No par ft. 24Vi Oct 30 V 4 Ya % preferred 100 105 Oct 26 70 31% 78 • 7% j Realty & Utilities— General 20 103 *102% 105% 35'A .36% ft ftftft; 35% 37% *99% 103% ft, ■ft *99% 102% aa 41 41% ft, 41% ft " 417/8 41% 53% ,54 I 105 51% 23%, 6% 29% 60 *103% •" : loo 106 , * 23% :H^6% 62 80 *103% 105 *106 ' 40% . : 31% , 107% 101 *98 25 No par Utilities Gen Steel Cast $6 5,400 ♦ 102 6 " *106'/a 6% General 1,300 ft 37% Deo Nov No par, ; Railway Signal Gen 108 Va 102% 36% 102 40% 6 ' 54 103% *5iy« ; • 63% 99% 107% 101 31 26 y4 Deo Deo 15 Sep 11 5 IOVb Sep 4 No par xl70 Dec 4 5 x 13 Nov 19 Service Public General 660 36%, ,r ft: 6,800 4,800 1,200 2,200 *105 37 Public Gen yft 110% 26% 108% •98 Gen ft 34% 34 (27 % ft; *106% 30% / 32 *102% 105% , 35 • 110% . 34 38% 107V4 •98 30% 105 y« 34% 37% 107% 101 ■} <V; • 33% 58 124'A Nov 29 1,900 30% 6 —No par common—No par 27% 5'A 38'A Dec —— Gen 22% Deo 14% Jan May 29 67Va May 29 ft. ft 47% Oct 30 1,800 36,900 141 Not 28% 10 3% ft 29% General Motors Corp $5 preferred Adv 5 Jan preferred ; 100 3%% conv preferred^——_100 Outdoor 10% 19% Not 14% Apr 1-5 Co Precision Equip Dee Deo Jan Jan , 16% Mar 5% 1,000 12 y* Jan 4% 17 100 Gen 30% " ■ft . 6% 16 2 3 100 preferred Inc Gen 5 Va 111% 109% 110% . 500 21 Apr 22% Jun 15 . General Foods Corp General Mills common..^ ' -. 29% Jan 29 2nd Cigar ' 19 • .•• -;• 'ft 26 7% preferred General Electric 83A Nov ' 100 1,700 22% 30% conv 10 .-• 9 preferred 15% ♦138 ' 22% 34 6% 62% 141 ft sy8 5--a X22 Va 26% *99% 103% 40% *5i% i 54 *103% 63% *138 5% 23 33% . 1 15% May 28 11% Jan 29 23 50 ;> • Corp Corp 1,900 14% ; 4% 49,000 17 26V* 22% ; 26% *102% 33% • 40% «-• 28 33% 35% share Deo 14% Nov 21 - ,22% : 3% ■ ' •" 27 102 •5 6 14% 28 14% 28 ' 28% ft 14% 28 y 3%: 14% 33% 30% 34% *118 r- -v.,;.3 »A 26 Va 31% I 102 . 17 1st Oct 7 1.66% Bronze General ft'v 100 ; •50% -22% 34 35% "'1107 •98' 105% ' 33% 16% 22% 27% ■ '31% 16% X22% 22% 31 ■ 49% \* Cable ft'4•: 1 ' , 4% 6,200 1,400 ft 126%. 126% ... 3% 3% ft . : 41,100 > *113%: 115 50. 126% General 49 130 16% *105 99% •103 " ft Corp— preferred preferred General 1,000 ft/ftft 20; ft 44% . 23% 34 107% v 49% *126 26 • >A '■■■36% *106 116 126% . •47% *126% 16% *138 5% 22% ■ 108% 109% 35 27% 108% 5% 22% 44 ft 22% • 141 *138 s%, 22% • v *113% " 5% 22>/4 34% x Juiy 38 50 Amer 2,500 35% * • • 12,000 1,570 aft; 700 76% 42'/a Va ft •; 34% 130 50% 125 22% 3% *27% ♦105 47'A *128 116 48% 1 22% '■ 14 Va, : 18 8 per 17 Sep 7% Dec preferred Transportation General Baking 'u $8 preferred 130 ,'ftft *27% y'.28% *160 : 165 35% ft 43% •; 48% ft ft 43 Va 47'A 42 27%y, 130 116 49% 1251 : 112 Sep 23 18% Sep 3 Amer Investors Gen 2,600 11% ftai% 164 34% a 44 47'A *128 • 164 35 Va 42% . 27% 165 33% 130 , 28% 165 47 yv; - .114 ■ *27% 165% 34 V4 33% 3% 27 ft; 42% 16% : 14 11% 12 76%;;.; ./ft 76 22% •107 14 75 Va 3% 31 14 11% 42% 130 Jun 8 per share No par No par 1 Co Container $4.50 2,600 172 13% / 14% 11% 42 Va 22'A 22% 170 14 Va 11'A I 100 49'A 11% 170 77 'leVa- *138 170 48% 76% 41% 28 ; 42 3% • • 77 22% *26 ft' 170 49%,;. 12 ■ 42% 22% 3% .ft 11% ' " 17 49 JA 12 ft ft 109 1 Industries Inc conv 16% *104 ••; 76% 48% 49%' 124% 125'A . 11% a. 47 48 10% Sep 10 20 Galvln Mfg Corp__ Gamewell Co (The) Gardner-Denver r 1 preferred— 96 16% 109 50 14 ya *159 ; *104 " X170 178 •16% 42% ;' 116 49% 10% 131 V . t;nif]> 50% 126 *124% *130. , 109 xl2 137/a 34% 41% -42 46% : 47 ; *104 12 Va *165 165% 34% .35% • 49% 14% 14% ftft 14% 11% ' 10% 11% ' 78 IHM ft- *76% 77 V:/ 44%' 42% ftft 42% 29 '1•, 28 ft' 28 V* - *70 . 109 12 178 •170 15% ' ♦104 12 Va 178 14% : 15% < a 51". '■-■■ , /; 11% 15% v. ft"> (The) common Inc (Robert) Co 15 % , 8'A . 96 Gair 1,400 5,000 '38% ' ■ 15 Va ; 15%' 6,000 • ;:i5% 26 28% Nov 22 vr Co 9% 15% •• "." 39 Gabriel " 7% 20% ' 1,800 9% 17% 8%' 38% *86 Va 20'A , ft' 17% 8Va "> 39 < J. 9% ; 10% •ft" 7% 20% / 9 Va 8% 38% 100 20 Va ' 10% 7% 15'A 17% *85 Va 100 7% 20% 15% • 10%iVi;': X10% ftp 8% 9 Va ' 17% Highest 27% May 13 89 G! •■;•- ftftJl^ft'llVV " '•" .Vft 7% ft 7% X.f-C 7% 8'/a ■<r 8 Va 20% 20% Nov 16 ,ft:.;y; I 11% . 8 per share 100 : Year 1945 Lowest 8 per share Par •': Froedert Grain & Malting Co Inc_l Fruehauf Trailer Co common-.—-1 5,700 /.ft ft 'Range lor rrevioua Range Since January 1 Lowest Highest ' Q% -Vi; -p'■ *tV 16% STOCKS NEW YORK STOCK EXCHANGE Sales for Dec. 6 $ per share 16% 31 ft-.ft:99%' .110% 'J-}.S;t pv .A V' : ; 16 30% 31 100. ft t per share I per share Friday Jun Deo 61% ■ v: LOW AND HIGH SALE PRICES ft Saturday .ft"ft."'.y''.,ftft STOCKS Monday Tuesday Wednesday Thursday Dec. 2 Dec. 3 Dec. 4 Dec. 5 Nov. 30 t per share 4 per share $ per share ' $ per share -ft;.;", v' 9 %er share - Dec. 6'- . -ft'ft,-.ft'ft. V' EXCHANGE ft' , Range for ';;ftft'ft;ft'ftft'ftft; -"/ft;.ft.ft' NEW YORK STOCK $ per share y ":ft. Sales for the Week Friday - ft.: Lowest Shares Highest $ per share Highest Lowest; ft $ pet share Par Previous Year 1945 Range Since January 1"V. $ per share v $ per share H *35 36% *17% 18 *18 y 18% 105 •35%. .ft 36Va 18 17% 18 104 105 36 18 104 36 ♦17 ft *18 - . *103 , ft-21 *106% 21% ft 31% 30% : * 37 -ft '.,6Va 31% *101 : 43 3A ft; 17% 17% ft ft 18 % *18 18% ' 8% 21 36%; 21% 36% • 87/a 83A 6% v ' . •"9.: ftft 6% 6%. 32 ft,-.; 3i% ; ft. 30 31% 43 *151% 36% 8% 6% 6% ft; ft,'-: 8% ft' 31% 31% 31% > 31 29% 30 103 43% .104% 1047/a 1 *102 43% *104% 104% ft 8% •/ft:;,: 20 *104% Co No par Schaffner & Corp of Amer class A 4%% preferred (modified) :- 1 33 yfty 8 Nov ; 2,900 6,900 1,800 Hazel-Atlas Glass 1,800 Hecht .ft Apr 11 13 105 26% Jan 16 19 8 18% 34% May 28 170 152 Aug 21 x30 60% May 29 22 16% Jan Oct 28 16 'ft 24 ft 99 Sep 25 106% Jan 8 Nov 21 20% Apr 15% Jan 28 : 102 40 44 1,200 105% 3A% Heini 290 64% 3 34% Sep CO O O 25 (H 3.65% 29% Oct 15 preferred J) cum 101 —_25ft ft — 1—100 preferred 14 ft1- 9% 43 Nov 22 6 ft 29% 155 Dec 43 Va Apr Jan Jan 110% Oct ft 14 Oct Jan Dec Dec Dec 104 Va 16% 30 Dec 20% 104% Dec 2 Oct 103% 2 Jan Dec Dec 35 Jan 5 44 Nov 27 103% Nov 27 14 Mar 100 Va 51 May 23 109% Mar 26 28% Nov 22 100 Co—— 7% 98 Dec 27% 121 Dec Jan 39 18 57A Nov 23 2 Co • ft, 43% Nov 15 V* - 1 CO Jan 20% 100 Hayes Industries Inc * Hayes Mfg Corp—-- ;ft 33 ft 109 % Apr 119 151% Nov; 9 10 Marx Hat May 13 Aug ,1 Jan Jan 103% Aug 241. 9 10 Oct ft 3 105% Jan 20 Va Sep -100 : 40 Ya 1 173A Oct pfd—Nonpar Refrac Nov Oct 103 100 $4.25 preferred Hart, ft No par • v. 30% •'•ft 44 "ft 104% 600 (M A) 35 15 5 Co preferred— conv 6% .—25 Printing Co Watch Harbison-Walk •• s; . 31% 101 4% 1,000 - ft 6 %:-ft ft 30 ft 44 9% 100% Water— (W F) Hanna 1,400 '•rU'l.:,-. ' 36% ; Hamilton 10 ft 21% "ft; ft 155 Hall 470 108%;;r 31% • 900 < Hackensack 400 '• 105 6% 103%/;; 43% 105 *9 *99% 500 . 18 .36% 9% 99% 85/a • . ; ftp 21% 103 43 foft" 104% 104% 21% ft 155 ♦30 30% 103 43% *107 9Va ■ 104 108% ft 99% , ft 6% - *16% 36% 17% *17% 103% 36% 9 8% •ft,' 9 6% 31% *101 • - 17 20% 100% 36% 18% *151% 36% "9;; *99% 17 *107 155* * ft:-ft *99% 100%.: 36%, 103% 106% ♦151% "ft;' 36% *18 104 .106% 21 35% > 104 . 108 155 ft. 9 103 43% 17% *20% 31% ;ft *30 ;.;;?•"• *151% rftftftft,8%ft;. 8% 6% '31% 104% ft *99% 100% 101 *43Va 104 '/a 37 - *8% ; 30% 101 ■ r:ft: , 9 v 21 *106% *151% 155 . *37 37% y>y*8%' ft 9Va •99% 101 9 20% - *151% •155 ftft 6% 108 36 Va 103V2 ' 108 ♦106% *35% * ; *65 ft 68 *65 'ftft ft ■' 17% ft 17% 174 *165 *58 . 131% ft *75 "v •123 80 ft *27% ft *27 ft 28 ft *23; c 36'/a 23% >100'/a 87% 18% *26 Va 29% 101'/a 88 18% 28 ft'xr 58% 131% 131% , *75 125% 125% 23% 22% 28% ft" / *27% •ft, - 'ft 81 27% 27 Va ft":. 27% ■ 27% 273A ft'- 25Va 25Va 23% 23% 36 3A ft: 36% 50 58Va yftft 23% 15%;' 15% 50 *29'A "p;*165 ft,. 17% ft 28 .25% 68% -ft 27% *25 *65 17% ' 131% . 243/a 29 >173 >/•'■ 57% 125 Va *23% 68 ' 17% .59 *131% y *165 ; 37% *75 "ft' 173 17% 131% ft *165 *76 29 ■^27 Va 28 ?23 'A ./n? J23% ,36% 23 23% ••*27 <:'■ 28% *27 28 . 27% 173 ft. *76 f 81 *27 Va •29' 27% . 23% 23% 23% '•■'.ft 23% •23% 22% 36% 37% 367/a 37 15% 15 153/s 15% 16% 50% 50'/a 50% 51'/a 30 29% 29»/a 30 30 Va 29% >100'/a 101% 100 Va *100% 87% 88'/a 88 • 88 100% 89 17% 18 3/a 18 *26% 27% 26 3A 27 32% 33 89 *263A 33 33% 33% ' 5'A 53/a 5% *13% 39 Va 14% *12% 39 Va For. footnotes see._paee 39 ft- 18 3/a 5% 14 %. 39 18 183/4 15% ;.. 27% 23% ■ "60 ft 18 '"• $4 Hinde & (C E1 Hollander & i new Sons Homestake Houdaille-Hershey — (A) 16% 8,800 1,500 1,000 101 70 94 $2.25 . 2,600 3%% 12.50 No par 50 com Finance No par com preferred- 100 Houston Light & Power Co—No par huuDtuii Ou 18'/a l87/a 5,300 26% 27 26% 26'/a 1,300 33 33% 33 33% 3,000 5% 2,700 Hudson 2,400 preferred^ Hud Bay Min & Sm Ltd 5% 5'/a 14 39 40 39% 40 - 5% *12 • 40 • 40% of 22% Oct 10 Oct 7 11 23 22 Sep 34% Sep Sep ? 100 u No par P 33 Oct oct 10 Sep 19 138 32 Dec 33% NOV 32 Va Deo 25 . Jan 23 Va Jan 138 ' : : Dec ' 34% May 10 56 Jan 11 6 16% Jan 55% Oct 25 Aug 20 102 Sep 95 Apr 24 JU • 6 12 ft 90 Feb 111% Jun xo Manhattan—— Feb 21% Aug 28% Feb 24 A Oct 10 non-cum 72 123 •52% Apr 22 35% Jun 26 100% Dec 4 78% Sep is 14 Va uoc 39% Dec ft ,41% Apr 6ft 37% Jun 4 ft 40ft May 22 10 za t 189 ft Feb ' 12% Oct 30 46 Nov 6 27 ft 92 % Jan 130 Apr 106 19 1 --5 100 V Howe Sound Co & Nov 18 21% Sep 11 Apr Jan 17 v-39 % May 13 x43: May 31 "ft. 26 c xexas Howard Stores Corp : 5% 127/a 5 No par Mining preferred Hp«oov,0]d _1 ——5 Holly Sugar Corp 29% *12 '/a 30 22 22% May 2 146% Jan 21 " 26 ft 71% 170 7 9 3 ft 139. 11 Oct 10 27 53/4 130 * 28 Sep Nov *—5 (Del) 1,300 51% 15 Jan 76 123 - 34% 5% 72 % Apr _100 The. 5,600 153/4 *13 10 Paper Co Holland Furnace ■y700 29'A 18% Dauch Co 300 * 51% 92% 46% Sep No par Inc 37% 101 25 No par Chocolate preierred— 300 16 Va 92 17 % Nov preferred——. conv Hewitt-Robins 29% 101 192 No par Powder.— 800 3,400 ,>y 90 30 _No par ; 23 X36% Oct 175% Nov 12 100 ' 27% 22 5% 61 Aug 38% Jan preferred Motors Hershey ftyft' yftft 28 *21% Hercules ftft.y 24% 27% 2,600 25- '•• ft"'ft 27 • ft; ;Wftv.i80 -. 125 *27% , W) non-cum Hercules 51% •50 91 81 (G 2,800 132 -24 23 Va 36% 50% 101% 'ft *21% V- 23 Va 50% *100% 124% - #17% Va 15 Va • ft 28 *27% 56% P *75 ft; 24% 293/4 : 55% 125 24% 1% 19 *131% Helme 173 18% 132 123% ; *165 . 57% 0*131% 125% 23 ,64 i8% ,18% X55 ft ft 81 125% x27Va ,; 59% 132 68 *165 19 ft* 131% 22% v; ft." 64% , 173 58 125% : 28 67% ■ft ft; 18% 58 Va "-ft *27 T r X67% 81 *124 .iA ■ Apr « 47 July 19 5 60% Feb 66% Jan 12% Jan 34% Jan 25% 63 29% Nov Dec 109 Va July 87% Nov 23% Deo 5~4~ 12% Jan 25 2 Jan 8 Va Deo Jan 17 10 Jan 23 Va Jun 25 45% May 17 Monday, December 9, 1946 THE COMMERCIAL & FINANCIAL CHRONICLE 2970 ' ■ ' Saturday Wednesday Dec. 4 Dec. 5 $ per $ per share S per share ■' 15% 14% 15 14% 15% 15 27% £ 27 Yi 26% 27% 26% 27% ,6% 5% 5% 6 6 6'/a Shares $ per share share 15 6% >>... 15%' 16,800 4,200 Hunt 5,600 ,-26% Hupp Corp :r>6 > Range Since January 1 Lowest Hudson Motor Foods : 14% Oct 6.66% $ per share 49% Jun Highest Lowest 4 $ per share share• 14 V* Jan 1% Jan > "9% Dee 29% Jan > 40% Dec 19% 34% Mar. 25 10 Jan j ':> " 38 37 24% 37 37 37 *467/a 24% 23% 24% 24 45% 92 *88% 92 ♦18 19 19 18% 24 24% 45% > *45 *45 •92 89 89 18 *17 19 *17% 26% 26% 12% 12% 40% 26% 12% 12% 12% 12% 40% 38% 38% 40% ; *119% 122 ♦120 121 *121 122 122 179 *175 179 *175 179 ♦175 191 . ' 17 16% ' 38% 38% 37% 16% 16% 16 % 7% *7% 7% 39% *38% 39% *105 .« 107 = 106% 79 39 6% *105% 106% 12% •208% 6% 12 % 208 Vo , 12% 12% t 208 68% 67% 179 % 178% 7% 7% 73/u >■;• 68 3/4 ■ ' 29 29 y4 *89 >> 5 : 92 > 22 v 313A 135% 135% *104 12% *105 12 106% 105 56 39% 39% *41 42 *35 39%' 39 38 413/4 40 v- *35 15% 25 % 21 21 21 9% 93A - *100 9% 9% 1003/4 48 *108 48% 109 126 125 121 *110 111% ♦125 160 *110 ' *125 160 >'>• ■■> '• , ■>.;. 128 > *110 •101V4 102% *24% x33ya 160 *125 . 25% . *100 24 ..>'■:; 24% 24% . *35 *116 118 : '•'25 *19ya ♦115 '25% *47% - 50% *15% > 15% 47% *20% .... of Cent Am 48 46% Salt .... 1,300 7% preferred Intern'l Telep & Teleg — 213A 213/4 130 No par *17% 19% *85 86 29 29% . 1 85 29 29 100 101 *35 100 35% Johns • > 3V2% ;; 2nd 5 % lOOi. £V/> 7.100 series A. pref *\ " v < ' x 213/4 13% 13'% 48 3/8 49»/4 21% 13% 13% >>, 43 >>-■ >; 43% *43 .: > *17 19 85 85 28% 28% .293/4 *17 ;>> "■■>.; "17 183A ;> '•> 83 >28% 83 29 28% 99% 34 353/4 > 35% 35% 45% 45% 45% 47% > 47 473A 473/4 47 y4 4 7 3/4 46 47 45% 45 V2 >> 46 Va 46 y8 >:•/ 46 > 100 29 >>; > -.47 . 5 v 4,100 ; 1,500. 48 •" 2,400 • Class - Monday Nov. 30 Dec. 2 I per share Wednesday :> Tuesday Co— 18®A > £■:■■# f per share 1 ' $ per share ;, $ per . Feb 2 2 50 4 Apr 34% July 3 Aug Jun 28 Jan Jan Jan >19% Jan 36Aug 18% 33 Dec >33% Dec 5 108 167% Apr -9 153 Apr 9 63 ' May 31 115% Feb 15 Oct 18? 92% p®« 19% Nov >. .<• 34 Jan v 118% Aug ?; 31 Jan : - Dec 137% Nor 61 Dec 140 Dec 46% NOV 105 Deo 30V4 May 116 Bep > 90 '• Jan 27% Jan > 79 • Mar > 19% Jan 109 May 22 •: Apr 22 36 114% May 145 NOV 109% Aug > 101 Nov 47 Jan 34% Feb 25 150 2, 53% Feb 108 i>30% Oct >46 Dec July 16, -114% July 31 i Jan 148 59% May 29 : 41% Dec 17% 17 24% 3 » May 31 117 Jun 11 10 13 26% Feb 4 40% Jun 67 - ■ 19 Jan 30 > ' Jan 34 9 Deo Mar Dec >67 35*% 31 30 35 Jan 27 22% Mar 35 3 "5% 19 5 72% May 96% 3 28 > Aug 40 Y* 23 Jan 30 6% 12% 12% 43% 6% 6% *12 43Va 13 14% *51% 42 133/4 6% 12% 12% *52 53 ' 12% 43% 42% v *52 t 133/4 *52% 10% 11 107/a 10% 10% 10% 10% 11% 41% - 52 52% 52% • 42% 14 55 13% : 41% 40% 41 41 41 41 42% 7% 7% 2% 2% *25% 49% 18% .7 *25% 19 423% 1,700 / 55 100 51 400" 51 10% 2% 2 3A 2% 2% 23/4 *25 % 49% *25% .,49% *25% 49% 18% 19% 49% '• ,'v 7 19 19 7 7 ■/ > 7V8 45 44% / • 7% ' 19 19 3/a 11 42 113/a *41% 5 42 7% 73/8 42 7% : 6% *6% 44% 45% 44% 7 Lehigh Coal & Navigation- 44% 44% 7% 6% 46 >44% ■> 7 7 45% 45 .35% Nov X49y4 Nov 22 37 60% Jau Range for .. i Previous j share | per ,. Highest Sper share 22% 22 22 22% 22% 22 22% ■'*21% 24 23% 24 23 23%. 23% .23% > 23% 23% 23 48% 10% • 21% 24 49 47 48 463/4 47% 46% 483/4 47%" 48 y4 47% - 93% 94% *184 10% 10% 10% 31% 31% 30% 30 3/a 93 93- • -*92 94% 187 • ' : 10% 10% >32% *31% *91% *22 34% Sep 6 % Sep 24 Lehigh Valley Coal—....j>..N(Pi>ar 2% Oct 9 preferred ....—50 1st pfd —No par 2nd pfd; No par 493A Jan $3 - *94 % *184 93 r 95% • 94% *184 187 ■10 30% *92 943A 197 93% * *184 10% 10% 10 3/a 31 94 94 94 93% > 95 187 ) r 40 37% 37% 48 48% 47% 48- 48% 49 47 473/, 47% 47% 48 49 > 41% 41% 413/4 41% 42% 43 43 % *24 41% 24% 24 24 *103 104% 103 103 A 23% *95 - 48 23% 24% *95- 106 *184 37% 38% '49% • e.r 24%;.; > 47% 43 5,500 Lion ♦95 26% 27% 26 27 25 % 26 y8 26% 27 26% 74% 74% 73 73 *20% 21% 20 20 20% 20% 168 20% *166 .•=; 733/4. 20 168 25 167 20% 20% 167 *166 24% 20% 1934 20% 20% 168 166 20%166 25% 25% 25 48% 49 47 48 46% 463/4 46 47% 46% .47 3/a 21 21% 20% 21% 20% 21 21 22% 21% 213/4 *97% 100 *97 - 15% 100 *97% 15% 15ya 26' 100 15% 15 26 15% *26% *97% . 15% 27 - *26% ■ 100 153/4 *97% > 15 27 100 VI , VV 100 76 ; 20% 21 '■'> 20 *26 47 > 21% 100 >1,700 7,20c : 27 > 60: ' 1,000 • 47%- 5,600 213/4 5,000 " 100 '15% 15 37% 38 38 *142 r r- ( 20 150 15% ■ 2,300 " ---No par 100 Nov 43 6 Oct 10 15% Apr 10 -' 102 (P) Co.*...' t 10 preferred 100 Louisville Gas & El A-l^-No par Louisville & Nashville^—-—-——-50 Lowenstein (Mi & pons Inc — 1 4Vi% cum pfd series A——100 Lukens Steel Co —10 Dec 60 Jan 35% 36% Jan 543/4 Dec ; 273A Feb 64 Jan Dec ' Deo 78 Jan 100 Jan 38 *36 155 *145 37% *36 155 ♦145 37% 155 *36 *142 37% 150 36% *142 150 1,000 ; 40% For footnotes 40 see 40% page 39% 2975. 40% 40 41% 41 41% 41 41% 4,300 & Forbes —i-10 preferred —v.T—^100 Mack Trucks Inc—i._—_—No par 6% ' 40% MacAndrews Oct Mar 47% Jan 84% Deo Jan Dec 13 6 41% 19% Jan '43% Jan 29 29 y». Jan ^ 32 653A Apr 11 Jan .8 >66 45 23% Nov .22 Dec Dec 33% 33 Jan 26 103 Nov 13 y4 Jan Dec 68 Jan 7% 78 88: 31 • 61% : 181 : 6 Oct 43 35 y4 17#^ Jan 24 103 % Jan Nov- 21 44 27% Nov Jan 20% "Feb '-■ Aug . 14 *41 vApr 11 3'; 94 q, May 31 35 Jun 10 Dec Dec 40 Nov 42 y» Dec 37y8 7 45% Jan 120 2 363A Dec 60 - 19% Jan 25 % Aug 50 1 Jan . 66% Oct 32% Dec x20 Nov 190 Dec 5 I Aug 28 Nov Dec 166 Jan 187/s Jan 166 Jan 17 23% Jan NOV 11 32 3% Jan 31 >243/4 Sep 30 72% Feb 6 Mar -68 Deo 433A May 7 9 17% Oct x453/8 Oct 10 26'. 20% Nov 21 983A Oct 14 Sep 11 23 32 Sep 11 , >31% Jan 18 197 108 July 3Q3A Jan 14 15% 52 13% Aug *32% 20* M 38 ♦145 Deo 101% Oct 198 Dec 60 Dec 3 7% Jun 5 V* 2% Mar 210% Mar 29 843A Sep. 30 Sep 24 187 37% Dec 15 37% Jan ?1 May 23 28% Oct. 10 83 Sep 30 22 Lorlllard : May 13 '44% May 14 74% Jan 28 21%Nov,22 18% Dec Star Jan 6% 17% 16 65% Jun 14 " 25 % Nov Cement'; Corp..—No par Long Bell Lumber 'A——-*,—No par Lone Dec Dec 44 15 > 33 I 10 —1 Corp__t 4 Dec Oct ' 21% Oct _i.__No par Aircraft LoeWs Inc 2.40G ; 20% 167 Liquid Carbonic Corp 3% r!o preferred Lockheed - -100 Co_i—V;.—u.No par ■ OIL Refining Co.———No par 10,0OC 26% 73%. 167 v » Belt 11,90c 19%; 26% - 4,600 102 19 26%: >V 243/3 *95 19% 73% 45 24% 103 723/4 >:■ 44 %._25 _f_. I Lily Tulip Cup/ Corp. ..No par Lima Locomotive Wks—-—No par 43 19 20% 50C Link 19% , ♦166 > 373A- 1,900 " 3A B Apr 38% May 72 17% Jan 29% 15 ,15% Apr 9 . Preferred ■ ; Owens Series 47% 24% 106 20%- 186 .37%' •v 48 " 19% 20% *183 38 % 1,800; 1,700 19 3/8 20% - ■X:;, 30C 93%' >95%. . 48 % 18% 20 94 • 48% 20 73 A . 600 Ford Glass—No par vLibby McNeill & Libby ———:f—7 Life Savers Corp new——5 Liggett & Myers Tobacco— 25 Libbey / 19% 73% 187 > II,90C ••> Corp —5 Corp.——:——No par Stores > Jan ■64, 3. 41% Oct 10 ^-_1 Cprp .(The) Fink Prod & Lerner 483/4 >48 3/4 20% 73% 95% v 48 > 20% ■ 6,50C " 31 49% 37% 49 %> 31 95 '/•' Lehn 23%, 10% -10% 40 ■1 600' 6% Oct non-cum 63% Jan 12 22 Doo «8% Deo Oct 47 Apr 57/8 Jan 18% Nov. 21 non-cum -50c Lehman' 2,70C 31 *48% • I,40c; 4,20c: | 30% *38% ♦37 % i V 54% 9 82 20 Non-cum 22% - Co.i—10 7% Apr Jan 17% Jan 28 553/4 May 23 17% Jan 28 10 6,70c: ■; 7% 21% Sep 49 4% 31% 203A Sep >10% Nov.22 Oct Year 1945 . Lowest 24 May 29 13 68 1023/4 Apr 3 Portland Cement—'—^.—25 Valley RR „^-50 2,10c;; 45 , > Dec 5,50( ; 7% 19 19 52 Nov Dec Dec >Mar 26 14% Oct 28 38 Sep 19 > 13% Nov 21 Lehigh Lehigh 1,60C 49% V: *25% ' ———...No par — * 6% (The) Bryant —_——No par ' preferred .... -50 Lee Rubber & Tire t 5 9 3/8 Jan 19 Oct 30 12 4% % > 6,300 ' ;■': 23/4 2 5/a - Co pid Lane i > 5s/8 Sep Co— —4 75 Pesos Mex Light La Consolid 6% 1,500 14% *52% 52 Gas Lambert 42 s/8 *13% 23A 7% : 13% 6% > 1,000 42% >7% 19 19 11 12% *12 Laclede 9,300 55 23/4 v 2S 8 - 6% 6% 6% 413/4 52 52% 6% 12% „ 14 52 55 52 % 53% 13 13% 13% 53% *12'A • 6% 6% 43 ; 41% 14 53% 52% 6% Dm Dec Dec Nov 353A July L 6% Dec 3 17 $ per share I per share Par 31 y4 > 51 • EXCHANGE 124 . 22% Jan 18 y4 Jan X 34% Jan 29 25 19 31% Jan Jan Jan 20 122% Jan i 3 ' Range Since January 1 Lowest .Highest STOCK NEW YORK Shares $ per share share STOCKS . the Week Dec. 6 >> Dec. 5.: Dec. 4 Dec. 3 I per share ; Dec Dec Jan V/ 31% 50 lO'ASep 11%" Nov 41 Sep 32% Jan 21% Nov A.7_._l B Sales for Friday Thursday Pec 57 45'A : 1 42 y8 Aug 13 > r-. LOW AND HIGH SALE PRICES Saturday 116 v 60 y2 Aug 31% Feb *'Vi Deo Feb 163 - 24 Mar 39 ■ 130 v & 79: 41% July > 17% Oct 30l — so; 4,400 47 '/* >>> 47 :■■>•' : . 35% 35% ' v (Julius) • - Mar 70 % July 19 6 4: Dec " . "9% 1 July 13% NOV Jan 49% Jan 30 . Dec 193 Jan / Jan I >>34% Dec 99 Nov 753/4 Jan ' 11% Dec 5% Jan ' > 39% Dec 28% Jan 141 < Dec 129 v Feb 483A Dec 19% Jan 9 60% Apr Kennecott Copper No par May Keystone Steel & Wire Co No par / 3 ■>55 -30%'Aug Kimberly-Clark Corp I—No par 22 29 Jun Kinney (G R) Co —_.1,V' 15% Feb 26 100 Aug $5 prior preferred ..J.....N0 par 83 Dec ! 6 ; 46 Jun Koppers Co Inc— j 10 26% Oct 30 .101 Sep Cum pfd 4% series L 100 / • 98y2 Oct 21 45% May Kresge (S S) Co ... ——.10 33 Nov- 22 62 % May Kress (S H) & Co.Aj. No par - 43 Sep l(f 65% May Kroger Co (The)' 7 No par 43'AOct 10 100 >>> > *99%. 100 100 99 y2 100 • 1,200 18 125 v. 18'/a Oct 10 r—10 Kelsey Hayes Wh'l conv cl > /:■ 2,600 >>:- 21,300100; 86 r *83% 200 23% 23% Kayser 4,000 . 433/4 ■»; *43 24 233A 24 . 49 %. 48% 49 47. 34% 35% 46% 46% *21% 100 > 6 26% May No par X 116% Oct 24 No par 1 18% Oct 10 ..100 45 Sep 19 5 15y8 Oct 18 L pf ,ser B Kansas City Southern-.— 4% non-cum preferred j 5 53% Apr .16 113 Aug 14 i 100% Pec ' • Furn & Kan City P & , j 5,800 50% 21% Kalamazoo f)_ 25 15 5/a Stove 600 ■-. 5 Feb 148 45fANov 22 108 • Dec i 6 115 Oct 30 ^ 111# Sep 11 > 44 Oct 9 109 May 28. 140' Mar 20 k 31% Nov 22 #• 99 Sep >4 1 v Aug 27 11% Feb 42% Feb i —1 !#. Joy Mfg Co 2,200 -; >>; 15% 14% 43 117 # 41 >>.' 50 V* 15% 33% ;. 99% 34% 45 *45 v" . 16 *48 > 193/4 No par 100 .___12ya com preferred prefered ser A __i,_100 Joliet & Chicago RR stamped.._100 Jones & Laughlin Steel No par 4% —-n> 2l5oO >> "101 Dec 9 100 $' •' A# : 2% 6 Mar , No par & Johnson ' . 21% >r> 17% >28% V:,v 233/8 '■24% 25% >50% .16 117#-> *114% 7 85 85 Dec >17 3 Jun Nov 19 40 145 ; pfd_._lOO .jt—j.100 preferred Manvllle Corp Johnson ? < 9 Aug/ 1 < 24'A Dec 20% Dec (F L) Co_._j.__.. 4%% 30Q — 243/4 *19'% .*114% 19% •.>•■• 12% 473% *17% 85 > 23 ' 23 173/4 >17% ' 44 *42 . 23 Oct 12 y. 14% DOO 178% *Apr 11 45. r-i 14% Nov 22 +—No par Jersey Cent Pw & Lt 4% Co Inc.: * 800 10134 243% ctfs. Jewel Tea 1,70Q > 347/s *iooy8 : >>> > 160 ; Jacobs 230 50 111% 34 » - 56 *125 25 " ■ 700 122 r; *110 102 "A- , 108 > 129% share X- Island Creek Coal 7_1 " $6 preferred1 6,700 > 46 *118 Foreign • 100 ... '»«:■■ 55 •Vv 100 CO 9% >'»*45 M ■> 108>' >: : 147 100 > >: 42 42 ♦141 ' 21% 12% 46% 44 23 -- 109% 74% Mar ; ■ 15% Apr 22 37y8 Nov .4. 14% Nov, 22 .25 • 40,25O. No par 1,400 .-Interstate Dept Stores^.. 700 Intertype Corp -..No par / Sep 27 : 8% Mar 13 "• ____7___.N0 par 7 36 Oct 10 International Silver common 25 i -i 39% Nov. 22 243/4 >. 21% 12% 47% *43 116 50% I5s/a. *203/4 * ! 6 Jun '202 6'A Oct 10 Shoe 24% 34% " ; . Jun 102 Jun Dec 10 % Dec 57' Nov 6% Mar >■ > 2 250, Dec 19*% 104'A Jan - ; 174 Jan > 8% • 20% Feb i—_i.lQ0 : iA101% Sep li No par 'vV'; 52% Sep 18 preferred 4. International International :• 2,600 160 19% 15% 50% >;.» 12% 23i/a 24 24% 23% '*46 ■ 22 *12% 45 - >"> 11% Mar ;. ,May 23 13% Feb 16 . 38% Sep 19 No par >> 95% Oct 14 —No par 11% Nov 30 16% 111% >25 ,19% •114 118 15% 13 23% *100 •:> y/ 16 22 12% *43 25 50 *48 *115 - , 140 . >37% Jan ; ■' 112 9 ___1__15 4V- 16% 55 333A ' 100 »133 ... Paper .Co. 16 130 *100 of Inter Rys $4- 5% 600 38 109 » ""*125 253/4 ':>> 193% 193/4 *19% 118 23% 16% *21 20 166 3 6 May 28 59 Corp K 20 " Oct 29 ' 9 17 Aug 21 11% May' 3 / 34% I>«c 3 . 44% Jun 22 V? Feb ~ Jan 30 66y4 Nov 26 177 Dec 4; .—5 15% 93/4 >: *110 101% 24 - > 200 < Nickel t 20 190 38 . 18 Jun 151% Jun , 90'A Dec 5 J;./ 4'A Oct 9 Canada..._T__No par 28 '/8 Oct 30 Mining >-^ $4 preferred 200 106% >39 % • .'•>. 40 46 •53% 35%' "■>-" 101 y« 101% *100% 102 233/4 54 U-——.100 preferred • Preferred International 1,900 42 >> 121 > 121 v>>. 111% 33% 12 55 v *39 101 - » 128 » 160 > 34 32% 34% > Jan Feb May 20 22% Jan 195 A___T—25>>.; Chern.. >> 300 : 106% 42 9% 100 52% *125 ' 35 105 '*52 21% " 34% 24,000 *1033/j 147 *108 ♦110 503/4 Int > & 25 2434 *45 121 52% ,200 49% 4% Min 16% *40% 109 126 135% 38 *141 46% 121 . 135 5/a > 16 *21 44 *108 >.;> 111% -,••- 147 x46 52 52 Aug 6' '), > —100 1 Hydro-Elec Sys class International 24,200 41 '16% .93A 9% *100% 101 -> 121 *117 51% 111% 51% 126 125% 125 54 20 y4 *141 31% 39% 15 3/8 - i5,% >■> 21 »: *40 Va ■> 109 *108 109 *117 121 *51 >. 126 *115 48% *108 ^ Preferred 200 31% 55%."'': *35 38 25 48 ,- No par Int 2,500 12 No par International 3,600 4% > Machine.: Harvester 220 '■ ' 40% 41% { 163/a 101 »/4 ' 1 36 par>> 10y8 Oct International " 16% 9% 9 48 No Int'l Business 12,300 92 >:•:■> 107 *52 16%' 21 1003/4 No par : Interlake Iron 104% 72% * Sep 19 Sep 19 Sep- 19 Nov 6 '105 100 f Intercont'l Rubber" 500 47/s 12 113/4 >106 55% 15% 147 *141 .20 ' Jan 28 33% 13% 7ya 35'A No par' Deo Jun 16ya Jan 28 Oct 10 168% Mar 22 —1 Inc— V/2%. preferred . 8,700 83% 283/4 105 >; 39%-> >'•39% *35 - 42 *40% •»■ > *100 >/4 101 47% 147 ♦141 ■>, 105% 25% 21 21 42 *40 y8 43 147 12%; > 41% '•> 32 105 15% 25% 253/4 300 „• 29 *90% 136 50% 48% 55 38 15% 26% *40% > 15 16 *141 > > e 15% 15% 15 y4 16 *26 38 ; 17&.% 73A 5 39% 41 41 : 41% ;-> 15 Va 15% 11,000 178% - *134% 104 105% 40 ' *35 15% - 6 70 90% 31% 49% 113A '!> 55 *;■ ( 40 ■■■11%'--c" Insuranshares CJfs 18% Jan Jan 92 16 37% Jan 10 .,116 100 No par InterchemicalCorp „ 99 % Apr 10 Sep 23 Sep 10 11% Sep 20 36 Sep 4 J ' Deo v 23 ..No par — Inspiration Cons Copper__.__. ,300. 207 29 , 5 136 X104 106% *52 ■ - , ....1 i ; 6% preferred 7.1— Inland Steel Co.. , 1,100 - 207 73/4 90 y4 >32% x48 Vs >" 12 29 ■; >. 5 *134% , . 105 *105 106 *52 56 - ;•;>> ;>>>' 6 Rayon Ingersoil-Rand # . 4,400 ■» 69 -><>■ 178 178: 93 >> •69% >>, 7% 29% *89 : 4% . 50 % •11% ■• 1.„5 Deo 84 19% Jan'.14 85 6% Oct L.1000 Co. RR - 107 > 11% 206 205 7% >; ;3l ' *50 , 135% • ■/ 6 1 >.:• 69 69% 283/a ; < M 31% 105 !4 700 - 7% 40 106 ... ^ 16% , A„ Industrial Terminal 44 "47% Jan 45% Jan ,15 * 14 y4 Oct 87 I.—100 r. series 2,600 • 38'4 ./> 38% ctfs Indianapolis Power & Lt No par Industria Electrica De Mex, sA 3,300 *7% • , 11% 11% 178 73/8 4% 49'A 105 11% 92 135% 51 *104 • 1 135% 50 105 11% ' 135% '51% 51 31% 30% 29 " 30% ' 31% . 106 > » 6 ;> 209 177 43A ■>> 5 43/4 : *105% 12% >••'■: 68 73/a 28'A 283/4 28% > *89 ' 92 *4% *206 180 7% 68 180% 7% ■.>." '. 69 179% 69 *179 i k i; 39% 39% 6%, v • 16 16% *7% > 77/8 lines 4% Stk I 18% Oct 10 Oct 10 41 ^ 210 >> *207 208 *6 38% 38% i Xl6 7% Xll% RR Illinois 190 39%, 106 ' , 44% Apr 23 31% Sep 11 1 1.100 A 3,100 . %' 124 *172 :16% 7% 106 r ' *121 190 38 39% 12% 12% 124 *172 , 16 % ■ 6% *6 6% ■ * 107 " »6 ■ Leased series 4,300 40% 38% 7% 7% 7% 39% • 12 40 y4 37% 38% 16% 39 12 y8 40% xl23 123 *175 38%" 121% 40 ■12% 38% '• .'> 370 » 27 J 2% 26% 12% 40% 26% 26% 26% *40 27 Y* 27'% 6 % .preferred v 2,900 sy8 8%. 27 26% 181/4 *•■*'.' > > 8'A 8% 8 8 * 10 92 *89% 17% 8 400 47% - *88 % 18% 7% 8% 7% 8Va 700, /.Idaho. Power Co— .^.20 Illinois Central RR Co..__100 15,300 251/4 24 •'47% " 8 ,36% 37% *36% >25% 45% 46 *88% 92 *18% 46 46 49 *88% . 36% 36% 23% 38 24% ' May >34 3 10% Jun 24 5% Sep 24 1 _ $ per 9 >25% Oct —No par r V# \ 1 Car Inc Highest S per share /•Par 27% 15% 15% 27 % 6% ;273/a 6% , the Week * '' NEW KUKtv STOCK EXCHANGE , Dec. 6 1 26% 15 Ve 27% 6 $ per share Sales for Friday Thursday Dec. 3 Dec. 2 Nov. 30 $ per share 15 Tuesday Range for Previous Year 1945 " STOCKS • HIGH SALE PRICES LOW AND Monday 1533/4 Nov 13 38% Oct 30 42% May 31 Jun 13 76% Jan 30 160 28% 147 473/4 Doo Jan 39 Deo Jan 155 May Jan 72 Dec Volume 164 Number 4S49 FINANCIAL CHRONICLE ;THE COMMERCIAL & 2971 NEW YORK STOCK RECORD LOW AND "i Saturday { X. ' Nov. 30 $ per share Monday •' ;;x " 41 40 41 18% i8% 17% 15% W>i *14 10 14% *13% 11% >32% 32% 112% 34 34 ;/f" 15% 7% 16% 53 ' 51% 29 27 1C4% Xx< 32% 52% 51% 29 ; # 45 97 10% X *47 *104 Hi.10 10% *47 \ 45'-;; *33 43 43% X42% 28% 28% . 103% . 33% ' 27% ;48 f 47% 44 - - *102 22% 28 ;• » 22 XT 48 XX! 25 24% 20% 21% *41% 62% 62% •58 . 42% 19% 42% 105 105 42% i 104 i 200 < x- . 22% if: l.- , 21% :-! .V *103 <v 103% : 48% 48% s f : 60 24% j.A 21% 21% t 66% . 19% *41% 43' •;, 42 42 X104% 104% 103 42% *103 . X60%. 42% x.- 13% 14% 13% ' 35% *34 36 34 35 , ♦144 146% 12% 12% 11% •V ff i v 105%,xr 5 700 9 ' 11% 51 •: 9% 60 11%' 50 9 30% 7% ■ 7% vVXX 5, *11% ■: 12; 12 x il % fi 2,900 ?■- "60.-® 61 'i 111 '8% » xX 4 103% v x - % r. I % 24% 23'A 43'A 43% 12% 12-: 12% 30% *29 50 X49% 118% 7% 9 8% .7% XV 7% :fx;-24 Af 24% 44% A *44% 44% 11% *29 12 % iff H% 12% 30 51 51% 116Va 52 59% *29 fx 23% 23% : 60 118 22% *52% 56 *40% 42 *41% 17% 18 ff 17% *21% 22 :•> *53% 56 » 38 ;f if; *103 15% *110 111% *110 11% 11% 12,200 500 \ Y 23% •• 56 > ♦50 Chemical Monday Nov. 30 39% 15 15% ' 105% 37% *110 105% :- 14% 111 A 105% *14% x 15 37 v $2.50 cum Morrell x Motor 10% 10% 36% 36% r. 50 51% x $ per share $ per share •fi 11% 38 $ per share , 51% if *50 *50 10 500 Thursday 400 f*:; Deo Jun 66 111 37 18% Feb 16 45% May 15 62'/a Jan 9 9% Oct 173 July 12% Nov 10 29 Deo 36 Deo 63% 35 Jan 137 Jan 13 Aug 26% Deo 42% Mar l f 68% Oct Mar 160 18 68 Va Apr 3 • 119% July 1 56 Va Aug 9 19% May 28 13% Deo 7% Mar 109% Jan 124 Deo 22 % Jan 37 Deo 5% Jan 16% Jun 16% Jan 49% Jun 70 Apr 8 23% July 15 36 Jan 62 % Deo 45 25% Jan 36 Deo 129 Mar 25 44 May 31 .* *17% Jan 24 Jan 52 < 10 57% Dec f 14% Not Jan 7% 25% Aug 26% Mar 18 ::45f. Oct x9 ; 3 Lines - $ per share Inc 23 Apr 22 57% Aug 21 135% Jun ! ; Corp Dec. 6 f 40 f _^_5 1 ff 17 No par 1 : ? • STOCKS Deo 33% Deo 63% 41 21 % 36 May 31 66% May 29 30 29 15 16 23 Va Mar 32 Yt 31% Jan 47% Deo 9% Jan 18% Deo 9 22'A Jun Oct 31 109 Va Feb 13% Sep 10 13 Jan .33% Nov 21 55% Feb May 22 70 2 8 109% 2 Jan Jun 11 Range for Par $ per share , f S per $ per share „ Not Previous Year 1945 Lowest Highest ; Deo Deo 66% 48% Not 63 Jan Range Since January 1 Lowest 21% 62 Jan 13 Jan 115 Jun 20 15f ' f 109% Not 97% Mar 6 Oct 27% Aug 24 49 114'A Jan EXCHANGE ; 61 64 Jan Jan 18 Dec Deo Deo Mar 62 Sep 50 Deo Deo 56 32% Oct 30 108% Jun 27 9% Oct 10 ^_50 Deo 21 ' 3 34'A Jan 19 10 Oct 19 102 5 .Shares . f 30% Apr Nov 22 34 76 24% 47% Jan May 29 14% Sep —1 !! 21^ 15% Oct __,i_No par NEW- YORK STOCK2 the Week * $ per share Inc, Nov 50% Sep 50 '...—No par Co & 20 > 104 Va ;^ — 10 & Bro—JVo par Myers <F 'E) r Sales for Friday Dec. 5 ,t per share 10 26 Nov 22 111% Sep prefer&d 4% xx;ffX.ffx'xx i 10% Oct Murphy Co (G C) com 1 ■: 4%% preferred,, i.——100 Murray Corp of America—! ,—10 6,300 ; ; PRICES Wednesday Dec. 4; Jan 106% May 18 31% Feb A—No par series pfd (John) Products Muhsingwear 4,200 ii 110% 110% 300 f; 10% HIGH SALE 113 Va Apr Ward Moore-McCormack f x 37 38 Dec, 3 45%M07 10 f. 2,300.: Motor Wheel Corp. f ;f .5 1.80C ! : Mueller Brass Co -1— ffa-2,300 X; Mullins Mfg Co class B___ f f: 10 = $7 preferred 21% 39 f x- ,/ • 37 Tuesday 33% Mar 2 . 43 % Sep 100 11% v 87% Not 9 ' L. ^ Y 32 & Co___.No par f Installment rets. 75 %: paid— Montgomery x 3,100 . v 38 Dec. 2 ; 29% 4 5 common "2,300 A 20% 16 *105 f 14% Mar 22 >" f 38% 14% LOW AND Saturday Co Not 6 64% Jan Nov 26 « , Deo 10 104 J Deo ; 77 May 15 110% July 19 61 Va Jun 3 i Deo 25 Jan 17% 10 54 Sep 12 100 Sep 19 39"% Oct 9 \ 27 30% 12% Mar : 35 Va Jun 32% July 52 Va Apr Nov f *37 51% 10 105 Va Jun 18% Nov 21 36% Sep Jun 30% Apr 22 107 Va Aug 26 57'A Aug 13 21 No pan 17% 17% 21%®: 15% 111 10% 36 30" No par 44 *41% , 35 •'*110 ff 10% 38% 109% Not 26%Nov Oct Nov 5 M A ytc preferred $3.25 24,500 , :so 39 Sep 13% Jan conv Monsanto — f *53% 56 j.a y2 X35 111% 10% ♦35 ,*35 ; 36% 104 8 18 61 No par 1 Monarch Mach Tool i " 23% - , 18 38% 105 Ul/j 35% 36% 41% Deo 19% Jan V' 61% ' 105 36% r r 44 •.AT/ •21 15% *15 f 118% 6oy« 23% 17% 38% 15 *103% 3.20% v 20% 20% : 16 Apr 30 20% Oct No par' ! Dee 24 19 1 ^ - 38% 1 Sep 43Vo Oct No par Co Deo 3 : 50 Stores Co Ltd Not ; * 50 Minn-Honeywell Regulaton.__!-._>>3f; — *60% 23% *53% ff *41% ' 10 18% Sep 10 Y 103 100 43 70% 30% Jan r ' * 42. -n 16 - ' 18% 38% :: f " 23% Oct Dee 65% 32% Dee - 61% *60% ... : 53 51% - >:• 59% V Nov 26 1 22 Oct Bep 108% Mar 21 35% Apr 4 . 20 ! 65 114 36 , 30% " *58% f" 5—1 Jan Jan 10 56% Jun Sep -12 v. Deio 16% Jan 62 Jan ' *115% 118 if!:\ Hir; 59% 60 69 - 24% . 46 'A May 29 48% Apr 22 103 >^_10 — 20 Sep 19 39% Nov 22 • Nopar — Sep Deo 109% Not Sep 9 44 pfd series A 100 105'A Dec 2, 1,700 Minn Min & Mfg—,No parf ;; 40% Apr 30 x a 5,506 ; Minn Moline Power Impl, 1 8% Oct 10 100 r f $6.50 preferred No par 100 Sep 19 /„ ;» 2,800 :• Mission Corp 10 28 Sep 10 ; fr / 3,900 Mo-Kan-Texas RR-w, ^.No par "■ 5% Oct f 9 f- .'• fi 7,000 7% preferred series A 100 y 19 Oct 10 '{'•;• f 1,300 Mohawk Carpet Mills 20 42 Dec 2 4,400 Mojud Hosiery Co Inc '—,1.25 11% Dec 5 *103% 105% 30 f; 30 . 30 May 63% 27% Jan 19% Jan May 27 Apr 23% Sep 20 » . 44% 31 116 1 •30 7% ; 22% 57% 9: ; 103% 29% 122 . Deo 33% 195 Aug 40% 110 6 Apr 23 43 18 Corp f (The) preferred™ f Minn St P & SS 290 52 52 '• 30 43% 49 51% b 31 "1% 5 Mar 71.. . Oct Not 48 Jan Jan 34% July 104% May 31 Nov No par 'Mi 2,506 *106% 50% f 59% *53% x Ar¬ Jun 55 118 Sep 19 24% Jun 63% Deo -Nov 12 17 18 -f 8% cum 1st preferred—i 100 • : 140 Oct 30 500 " Minneap & St Louis Ry new_No par : 10% Nov 22 • - 60 , 105 30 118% 11 9% Oct 25 * 45% Sep 19 Jun 176% •. 97 r Mar 27% May 10 112% May 13 10 ,, 110 23% .. 11% 70 11 46% Deo 22% Aug 40 Oct 111 , 9% Mar 25 1st Machine • 60 11% 51 •8% ■: *102% i% i */4 *28% 50% a ■ 12 118% ■ ; 146 % Mesta r Oct 111 if A 15,200 A Miami Copper— 5 \ 3,100 Mid-Continent Petroleum—_ 10 f ; 1,000 f; Midland Steel Products No par ( 36 146% \' ;_18 Merch & Min Trans Co Merck & Co Inc : cum preferred-,! '7 *106 12 60% 110 50'/4 30 Wf, 22% ff 43 .f 31 *110 11% . 29% 12% 50 ' 15% 35% 14% 35 36 * *144% 147 146% 59 *.106 107% 50% R% fo 9,x':-f •102% 105 43 x isf'v 35 12 11% 107% - 23% v-24<x *29 *144% 59 59 107 29% 8 12% 11% v 49% * 50% 8% *102'/a 30% *42 146% . 105% •'•••• 107 7% v 11 % 58% " f 35 f 11% 11% 105% 29% 14% 34% 34 94 .5 Deo 42% 18% Jan Sep 31% Jan 204% Nov 20 '103% Nov'26 1 Yf* $3.50 A 8 18% Jan 109 75 Apr 18 '48% May 28 38% May 29 ' 45% Nov 26 ', 11C A Metropolitan Edison 3.90% pfd_100 - ' 61% *102% . 14% 34% x *144 146 Va 107% *50% . 34' 11% 12 • 60% *105% 13% 34 34 35% . *144 V ff 13% 33 Shoe conv 7 , 3% .2 103 preferred..;. Mercantile 300 — •f; 1 " 5% 1,500 %.■(■■ 42% 42% *104% 104% 2nd Melville 6,400 •f f 60% 104 *100% 42%, 104% 104% 60 104% 4% 240 41% fx 41% x 60% *100% ff 45% Feb 30% Jun 9 Jan Deo Deo _1 Co—f Mfg Corp l 4%% preferred ff .f 4,100 i Mengel. Co iff 19 195 7% 11% 15% Apr 100 i Co..— Mead 2,500 66% f 18% : 1,600 Electric McQuay-Norris * 230 f •' * 24%',-A if ,24% x; 21% 65 ' 61 *101 f: 42 102: ; 5,600 Sep 27% Oct* Jan 7% Mar 57% Apr 24 112% Mar 25 11 24% Sep 20 42. Stores Corp preferred McKesson & Robbins Inc, $4: preferred McLellan. Stores Co— 1,300 . 48 Jan 4 "20% Jan 23 Sep 4 12% Oct' 9 - McGraw-Hill Pub Co L.tNo par Mclntyre Porcupine Mine6—_5 ,4,000 C 27 Va 1 61 *S8 43% 42% 2,900 ff 21% 18% x . ; Sep Oct 15% Not 32% Deo 39% Deo Jan 24 * Deo 625 7% May Jan 28 11% Feb 31 T__No par conv McGraw i ff, 3%% t 1,000 •A'f 27% 49 . 24% 19V4 600 1,700 41% I 40% f; 104 f' 22 103%,: 65 Xl8% f : 27% .21% 66 ''..•ii.I (\ f. 3 I. 48 McCrory 8 3 30% Nov 22 Xl09 .5 ^ ' 25% Jun 14 Dec 62 110% Not . Mar 14 46% May 31 19 - 11% Oct 10 f McCall Corp f 130 f 33% ; : 7% Dec 17 425 . 26% Jan $ per share 31% Jan 106% Jan 17% Sep 27 Aug 15 16% Apr 8 526 Nov 21 3% Sep $3.40 cum pfd No par Maytag Co —...-No par $3 preferred No par $6 1st cum preferred— No par 1,000 i 2,600 ,f; "ff- 27 x26% "i f 44% ffx 48 . 26 ; 1 Stores__ •• 10 8% Oct 10 •!-. T—No par. 1 100 f J $3.75 preferred ; 38% "f M Dept Jim 12% Oct 30 No par : Co preferred- May ' 60 .105 if"* 33 % x 7% . ' 48 24%221/*. . 44% *104 • f 2,900 ^ ' - 21% . 103 , 48% 21% 65% 19 102 >f 24% , 66 27 % 10% f Corp J Elec Mathieson Alkali Wks 290 ; 100 • 1 »f 50 ffi 27% 23 21% 103 48 : "22% 28% 21% 103 f ,-;'• 103% A 967/a *47 33% 103% 3,700 *111% 113 - 27 x, ' 10% ,x, — > 96% • *47% •f 48 Va 41% k 4i% ■ 22% v • 21% 48 *62% *95 < 103 % 22% 103 V.: f > 42% - 33% ff 27 . 42 *102 -28 fx 24% 66% 19% f. 21% 'M 48 22 1 *41% r *102 25 "66' ;• 20% • • v 48% x 21% XX , 103 41% 28 *27% 1 22 , r 34 .48% 105 • 103% ' *102% i 29 *104 48 Master 4,400 • 1 Masonite 600 i - - 196 48 . f 44% f 28% 27%;. f *47% 22% ' 28 *33% 27%. f;: 44 x-v f _1 —___No par Martin {Glenn L) Co_ —1 Martin-Parry Corp^._:___»f._Nd par 1,700 26% '*185 '■ 48 50 ' 21% "V 21% *102 f 42% f 104 43% 52% f 31 25 ' - 111% 11.1% 103% V 15% 52JA 10% - f'' ; f 2,600 i 15% ' if■; A 3,100 i 30 97 *47 > f 28y$ 28 103% , 47% 41% ;;• '103% *100 A 28 '47% . 44% > 33% 27% : ...10 - 33% 104 *96% 50 111 i i Co_,—.■ 109% / ' • 600 16 % Sep 20 14% Oct 28 520 Manhattan Shlrt____ ! ,-^5 Maracaibo Oil Exploration ,_1 Marine Midland Corp___t—_L__5 Market St Ry 6% prior pfd-___100 1,900 ,2 18,800 '. : 1 50 Highest Year 1945 $ per share 65 May 28 111% Apr 12 X17% Nov 13 30 Va May 28 106% Oct 10 12% Sep 18 a Lowest Sper share 37% Nov 22 33% V' f f 14,800 f Marshall Field & Co—,___r_iVo par - y 110' 4%% preferred—. >100 ; 109% X33% 25% •104 10'% *47 111 >x - 112% 103% V -27% $ per share ——10 Bros ixf x31% ' 52% 196 Sugar Mandel ffff 800 f. 15% f '■•V 47% 12 Manati 500 f; i 34 30 - 06% •28% ' Par Magma CopperMagnavox Co (The) - ff 2,400 .. - 8 ,,vl" *11% 112 .*• f *188 104% 50 ' •111 112 - 7% :*'■ .•52% v, A 104 x, 104% '34* 28% f *103 'f-.'f f.'f Mahoning Coal RR Co 3%;" 3%: • X,f *29 . iiWi t:. 96% 10%.;; f", 9% 97 i;f ,'f' X25% • 49 4 33 %f;; f 32% , 196 45% 104% *96% • : ' -'50 V ' *111 46% . 8 33% 26 *190 : . 3,600 •f i 1,000 28 15% 30 25% 14'A 27% *110 52%. *29 196 ; 46 104% *96% X :'•/,• ii 112 *190 47 " 104% A 50 112 V 200". *46% 97 *10% ;5>X 52% 29 26 14% 26% f; ,,;:f 12 if b 15% 15% f 10%' 10J/a 1,900 t' Range for Previous Lowest Highest ,Range Since January 1 Macy (R H) Co Inc No par ; 4%%- pfd series A , _100 Madison Square Garden_____Nopar ; x 14%; , V : 34 Y 18 5io 10% *3% /• 112 33% :: 26% 33% A ff 32% ■ > 15%! 15% *395 xf 14% ■ iff; 7% ; 7% ; '-,8% 11% 12% ♦no 15% f: 51 % 25% . ' ' - 33% 15% • 17%: w • 10% 10% . ii2%; 32% xx x. ,f; 33%' x*m 15 510 fx; 14,:,;, 26 ' f 27 -,v 3%xf*4:;x,". 11% 28% 26 *194 104% "*47., • 11% 15% 28% 200 *96 STOCK EXcjuajNuis ' A-f'f Y 4,000 V f 100 v 109 15% 18% 18% 15 14 fa 7% ' 32% 26 .*• 47 f Shares . if 15% i1 *108% 15% *395 x ' '-47 NEW YORK tne week fx X ■ 40 40 40 109 15% 15% 510 v 10% - 3% -•/ X,f;<v7% 11% 15% ^194 Dec. 6 $ per share ' 27% x3% X t ,;y;;ai2 ; .112% f® 33% 33% *28% r *26 3% fU/K 31% *52% • X39% ,109 ... 18% 15% *395 10% >x 13% 13% 14% 11% *26% ... 109 17% : 15% 510 10 27% . , mi% f j,; $ per share 15% f 15% 18: 15% •395 10% . • 17% • 500 ^*25.%'Y;27VX I, *26% >V ,9i *3% 3% ■%>%!■ :3% '•••• 7% r 7% xV^X-7% " :" 41ff 40 ...f *108% ; :,•'; 15:"." 15 v.' ' 15% *395 : 10% ,'.112 $ per share 40% *108% ,109 v. is *15 500 "10% V Dec. 5 Sales for ' Friday Thursday : ' 15%. J .40 . *107% 109% .Y 'X'':":• *15 ' 15%; 16 *395 V' $ per share, :"109% *15% : * ' Dec. 4 .. ' 41 *108 : STOCKS PRICES Wednesday Dec. 8 x;. $ per share ' SALE Tuesday '■ X^ff;; Dec. 2 -X - HIGH share , . Highest tper share N 14 14% *29 29% 15% 11% x 13% 13% 30 29% 29% 28% 28 29% f ,28% f-" 15% 29% 15% 15% ] 5% 16 16% f. 11% 11% 11% 11% 11%. ' 14% 15% 15 y8 15% i , i 22% 26% 22% 27% \*22% 22% 26% 185 •f; 9% 10 ,.24 xf if f f 14% 16% 33 35 'X 14% 14% ■if 14% 14% 14% 31% 14'A 30% 31% 30% 32 :X 16% 167/8 16% 16% 16% 16% 31 16% 32% 14% 30% 10 *32 34% ' 33 • ' f:V 16% 24 f * 9% *23 ff': 9% ; 24% H,7% 10% 14% 14% 14% 14% 31% 31% 32% 7,400 "3,600 7,200 16% : Nat f'f 5,700 35% •:;.. 35% ,36 35 36 35% • 16% ,10' 17% . 17% % 21 21% *35 16% 22% x- ♦104 x 22% *153 f •, , 37 21% 104 17% 20%f 20% .17% 20% 21% fx 20% 21% 21% 34% 34% *32% 35 % *32% 21% 22% -22 f 22% 104%: 105% *105 106% 16% ; ' "; 21% 104 31% 180% 20% ♦35 104% 31% •175 x 17% 20% 36% 35% X20% x ;x" 6% 31% 31% ; 178% 178 % 156 156 156 -x f 6% 23% V. 31 79% 26 26 13 13% 1% 79% *17% *25 ... 18 *91 93 *26% :• • 178% 14% 14% x 20% x 21 18 109% *29 ♦18 " 111% 35 34% 34% 32% 33 31% 32 98 *97 A-, 98 frtrtfnnfoc coa wnn-a 90 12 %" 16% *90 80% National 93 ; f;:x.. 25% --12%' .'13 % •• "17 17'AX 90 26 26 14% i$: 14% hi15 11 10% 10 'pns/, 20% 20% *18 18% *10ti%' 109'/« 18% 18% 20% *18 *106%, 109"% *106% 106 30 " 104 106 26 > f,; nnwc " 6,400 30 „ x - fx;,'6% 13% preferred •National 17 ® Oil National National Deo 16% Mar 9Va Mar B^. Steel $2 50 .• 29 5 Deo 23% Mar *34% Deo Deo Oct 195 20% Jan 13% Jan 30 Deo 20% Deo 31% Apr 41% Not 32% Deo 181% (The) preferred 20% 20% 20% 18 17 V2 18 106% 1,800 *30 103% 106% 30% 10 .- - 200 *106 34% 35% 35 35% 35% 30% 31% 30% 31'A *30% 98 98 *98 104 27e 108 40 35% 31 100 2,100 -2,200 180 1 Tea Oo^ 12% Mar Aug 13 13 Jan 19% Deo 24% Jan 38 NOT 37 Jan 13 Jan 40ff 100 . —10 Co— Co— 1 3 Oct 10 Nov 29 Oct 30 lV^Aug .75 Sep 25'A Dec 11% Nov; 16% Dec 89 . Nov '.• lOVa Sep ;Corp 4 %% Industries— preferred 173 x , Deo Jun D«o 37% July 29 177 Sep 199% Deo :Apr 152 Sep 167 Not 10 107/a Aug 21 4 21 Jan 72% May 17 33 Jan 65 Apr 2 Va Sep 12 101% July . 26% Jan 41% Feb V 64% Not 108 1 85% Not 36 Dee 38 Apr 25 22% Aug 251 Jan 18 15 32 Jan 29 26% July 33% Mar 2 102% Not 107% Deo 106 Va Mar 42% May 10 7 Jan 24% Dee 107/a Jan 29% Deo 10% Jan 14% Not 28% Deo 24% May 27 15 Feb 323A Jan 2 30 15% Mar — Neisner Bros Inc ney Newport • 4 25 No par'\ 18% Oct 10 1 17 Oct 30 4%% conv serial preferred—100 *106 Feb 8 Newberry Co (J J) common-No par 25 '/a Nov 8 3%% preferred —;——100 103'/a Nov 27 New Jersey Pr & Lt Co 4% pfd_100 106 ' Newmont Mining Corp^ —10 30 /a'Oct 10 Nehl 207 *101% Aug 24 40% Apr 17 22 4 14 108% Jan 24 10 19 3 9 29 33 y4 Jun 27 14% Nov 29 i_l f *No par 32% Aug 673A Jan 9 21% Oct 10 f J; ; preferred Natomas 1,900 Pa— ; May 31 45% Apr 22 34 % Jun 14 ! Dec fx ,25 * Nat Vulcanized Fibre f ex Deo 19% Not 32% 37 4lV4Sep 19 .,4.; distribution / —No par : 1,200 National Co : 2,100 700 178 - X149x 6% No par f 20Vi — Corp Sep 27 Sugar Ref Co, conv 4%% : 10 41% Jan 13% 23 '• 31% Nov 25 16% Oct 10 102 Va Oct 28 t 100 100 Corp new—1 Products National Supply 1,800 ff 1 No par r Cast Co & St'l National Power & Lt . 600 12,900 93 A, 10% 98 Not 37% 243/8 Aug 13 19% Nov 22 — National Linen Service Nat Mall 12,500 -.4,300 fr Co 14% 108 Deo 66 Jan *' No par -5 preferred: Lead 7 r/o". preferred 500 " *106 26 > 30 • Sep 3 15% Nov 21 Co___—— 26 : Feb 24 Stamping——No par :.Gypsum conv National x : 5,900 •f f 1% 25% $4.50 2,200 81 & 10% - : ' xff ; Stores Dept 14% -.;• 30 3 16 45 Va Jan 22 22 30 No par 5. Products— 26 109% 1 Apr 323/4 Apr 213A Feb 10 .Xvl''-,K:J.'-Sk?, .'•• 103% 103% 26% Jan 17 37% May 205 Va fY' "!5. .Octf ;.9.. Gas'; • "•* f-ff-.. , %» 34% Anr 10 Nov 30 22% Oct f 9% Nov 31 .'Nov 13 ' Oct * —1 Container Cylinder - Enam National 100 7% 23 l"7 98 :'v f Nat 270 " f 30%": 30Va 104 21,000 f;f 34 xv *91 V 90 f 11 - x -13% , 20% May 28 28% Jan 29 20% Oct 21 25% Oct 180 • Share National Distillers Products 30C • 'f & Dairy f National 29,700 Y Nat • ' 25% 31 1% 81 26 %' :! , (x 7 22% 44 81 f 10% ff -5,900 21%; 35 x 156 22% X44 " 1% 18% •0,200 180 7'- f f 353>4. ' 13% 17 ' ;V'; 'f .*153- 7' 46 f *25%, ' f Bond- National 2,200 , 106% *178 fr 23 Va . 26 *29 34% 17% ff 17 v. 104% .f 34 156 1% .-• 81% 25»A . 19 *97% P/IP 79% 22% *105 •x, *44 % 25% iMfi4%V 14% '31 ♦103 *107 46 f,l%f 13% ff 10% 109% *29 104 111% *109 1% x: - x- 180' :*22% 25% Art 21 x *106% 31 104 14% *44 % .;. 34% Y ' "-6% 23% 12% "f 90 jU 26% *20 18% *106% x 10% x ' 17% *153 6% •f.wfi: 23 45% ^""7 14% 6%' 22% 79% „ 10% 156 ; *178 .:■« 25% %v , 91 *153 33 35% 17% 36 17% 33% 180 -1% 18 91 *26 11% 44 13 §•' 17% 26% 11% 6%' f22% •. 18 *178 456 79% 26 . 12% f 31% 31% 1% ' ' X 6% 22% 45% 1% 80 ® ;•'& 1% 6% 22% f 45% f 104 178 • 156 47 21% "• 103% ' f "22% •;,:>44%. 34% 35% —100 A♦' 36% 36% ' 23 Jan 35% ' 1 33y4 '•" X -—4 common—10:?, preferred Corp—1.N0 par National Can Corp X —10 /Nat Cash Register No par Nat City Lines Inc—; i. —1 •ff/- A Co Sep 13% Nov 22 15% - " f '.f.:.' 200 35 x Biscuit 10 5 fx Corp,— Co Battery V National Inc———1 Fibres x 14% Nov 20 1 Airlines, Aviation 16 20% 15 52 Va Jan 41% May 31 34% Jan 2 Co Automotive National •7,000 161/2 " Nat f f 100 30% - National X National 300 ... 27 Acme J *180 35% , • '/National 7,700 ; 185. 25% Jan f Nashville Chatt & St Louis 4,800 - Corp,——,—„S: .; 13 OctifSO !100- fY 23 Oct 25 il f 27; Sep 24 Nash-Kelvinator 4,900 v 2 2'A ■f;; x26% X 1,900 14% , 22% 27 ff 9%. ff.35' f; f9% 34'X" 30% f 33% Xl4 50 11 Va 11% 185 f x' 24 15% , V 23 ' 26% *180 24 *22% 9% ''*22 'A 185 : X 11% 15%, 17,600 29% ®ff*28%° >315% 15% 27% *180 13% 30% *29 29 •11% :■ 24 26% 185 24 :-f :-x *22 % 27%: *180 24% XX 9% 10 X28 % 15% *180 23% 10 14 29% 22% 27% 180 •22% 13% 30 14% 22% 26% 180 13% *28% 15 ft ... •151/8 *22% xl3% 30 & 11 11% 14% 14 29 29% • 15% X 13% *28% 3Qr 1 100 27 li 95V4 Oct 29 , 22 Sep 26 108% Mar 103 Feb 24 35 Deo 37 Deo 110% May 27 106 Oct 109 Not 105% Jan 110 Not 109% Aug 29 43 % May 113 Oct 8 50 Apr 20 32 45 Jun 2,7 18% 109 Va Jun 19 Aug Jan 47% Deo 38% Deo THE COMMERCIAL & FINANCIAL CHRONICLE Monday, December 9, 1946 NEW YORK STOCK RECORD LOW AND HIGH ' Tuesday Monday Saturday Dec. 2 Nov. 30 SALE Dec. $ per share / /; 4; ••;;/; share 22 22 21% 22 21% 22 22 Va 40% 40% 40 40% 40% 40% 41% 41% 16 16 Va 15% 15% 15% 15% 15% 16% 38 38 37 % 38 , A' *36% 95 A; •■'•:> 17% f.1,/ 7 *22% 20% 20 ".A 20% 41 42 42 16% 16% 17% ,*37% 38% 15% 38% *37 :■ NEW YORK STOCK ■•A/A// EXCHANGE ' . ; Newport News Ship 8i Dry Dock 900 New York 51,800 , New York 300 ;: Air Brake 1 _100 ' 98 177/a 17% 23>/a •23% *60 J 70- 13% '• *60 285 *235 70 ■;':v 22% 70 12% 13% ■ *32% 234 2G% 124% />•: 27 9% 9% *115% • 21% 19% 20% 100% 100% 26 % A;:;A, 34% 5 200 '/ *116 20 21 % 19% 27% 20% A ; ; 27% - - A 28% 20% 207/a 21% ' 101 20 20 -y 100 100 18% 20 19% 23,500 "A, 44 44% . 10% *16% :c';:io%: 10% 181/® 10% 44 44% •? yu 10% ;.v' y 17% v.y'r.;' ■»,■■• .. ■' /■ ■ 240 20% 8,300 A 44% ■ . 45 45 45 10% 10 10 *10'/a 17% A'. - - St r.'v'/'y.'JK^ 'Try ■•A-i 100% 20 107/a . ■ :A A 20 44% *10 r 18% *17 18% *17V« 44 Va 44% *101/4 . A *100 100% *99% :: 20% ' ' 44 AA iot: ? : 21,A ioo 19% ., 19% , - . - • 17% *16% *16% . Northern l j 10 Pacific Cum States — 100 Ry Power Co Airlines Telegraph Norwalk & 100 Tire Nov Jan 35% Deo 32 Jan 75 Va Jun 39% Nov Jan 29 NOV 41 Mar 162 Mar 410 Oct Sep 110 Deo Feb 3 19 102% 53 Jan 288% Apr ,65' 19 NOT 2*% Mar 14% Aug A; 18 50% Oct 5 219 Jan 258% NOV Aug 15 129 118 Aug 126 ya NOV 31 y» Deo 39% Apr 87% 19% 20 16% Feb Jan v Jan 16 9% 105 V* Jan Jan 11 17% Jan 104% Nov 3 Deo 8 56% Jan 15'/. Jan May 22 117 36 3 10 3 May 28% Feb 4 Dec Jun 148 Jan Jan 17 113y4Marl8 9 Jan Deo 103% 76 20 16% Ot >100 44 . 2.50 Nov 22 112 Deo 38% Deo 26% Mar - Deo 57 Nov Apr 6% Jan 12% 107% • 15 Deo 31% Deo Jan Jan May 23 25 Seg 27 63 ya 46 55% Jan 3 19% May 15 Oct 19 9 17 5 No par Co - 18% Nov 21 50 Rubber Norwich Pharmacal j 111 No par 10 Inc Northwestern Oct 21% (Minn) pfd $3.60 series Northwest . 9y4Dec 50 600 17% 31% Oct ,_1 Co_J_ 58% A 28% 325 121 < Jan 11 23% Oct 30 American Aviation, Mar 45 37% Feb 16 5 223 260 : Dec 100 Northern Central Ry 27% 41% May 28 11% Nov 22 AA 100 Northern 101 9 5104 North 11,700 20 Y share Xl6% AUg 18 275 Norfolk & Western Ry____ Adjust 4% non-cum pfd North American Co_„ 16,100 9% 116 116 69% Jan Highest $ per $ per share 5 53% Oct: 4 5 Jun 28 50 Light 3.90% pfd__100 Shipbldg Corp part stk 1 Noblitt-Sparks Industries 5 :!■ 670 A ;; preferred & Harlem RR CO—— Year 1945 Lowest : * 34% Apr 16% Nov 26 /;.// 21% Oct 9 No par No par Y Power & N 124% /.A:^-- 9% 9% 116% *116 116% 20% 26 % •AAV 9% 9% 116% *116 227 AAA *122% _—V-t; non-cum Y N ^ 1,300 ! 34% 226 ' - v 124% *122% • 27 9% 9% 9% 124% York Dock N 170 5 100 City Omnibus Carp—Wo par $5 "A 13 12% 34 230 229 231% 228 26% 26 % 116% 21 34 105 preferred series A Y New '' 9% 116% *33 ■ N 70 285 104 A 13% *12% :.'/ A.'. 34 12% *60 A 285 104 AA' 6% 700 5v .i ioo : 23 •:■/ *235 70 : 104 ; 1,200 17% is, *22. f 29 *235 A 96 96 .■ .18%,. *60 70 106 *122% 124% *122% / 26% 26%; 9% *115V4 '*22% •285 230 230 234% 231 *122% 124% *32% 34 'V: *32% 1 34 233% *122% ..*17% *60 12% 96 95% 18 *235 12%' T 24 ■■■&$ 12% 96 29 *104 • 107% '*105% / '.A'/;; ; 285 *235 105% 13% 23%. *60 ; 285 105% *105'% •107 . 18 *17% 17% 29 *235 95% 95 96 96 18% *22 ' 13"% Oct 10 35% Jan 16 26 Sep 19 i- 61% May 29 79 Sep 24 5 135 Jun 10- ' *95 Range for Previous ■• Highest J per share 18% Nov 21 36% Oct 10 —No par N Y Chic & St Louis Co. A $ per share No par : \ Central / Range Since January 1 Par 11,800 ipy- AA;VA/•;,',•/• ?.*• : /A/'AA^.AaAAA Lowest Shares, per share- *39 ' 39 39 / *37 y.f: $ ; x20 c Sales for the Week Dee. G ,'•; $ per share 23 / ■ Dec. 5 ' v $ per A-./• Friday V/". Thursday . .• $ per share $ per share /-■-A STOCKS Wednesday Dec. 3 ■::>, PRICES - •■'•■:■; /i/':'/: yy-yy: V55 5 A' . fA'• :AAA a/ AAf A/ v;:AA-AA AA/. ■ ' AA';A o 33 33% 33% 22% *108% 22% *21 21% 21 111% *108 19% -19% 102 *114 34% 110% *108% 110% 227/a 23% 22% 22% Ohio 217/8 Oklahoma Gas & Elec 4% 19% Oliver 187/« 114% 2$ 114 28% 28% 28% 29 29% 158% 160 *158% 162 21 21 197/« 20 *88 90 *158% " - 70% 30 162 ,30% . 162 162 5 20 ;20 A, *88 90 71% 70% *26% 29% 90 *89 14 14% 14 A14% Otis 73% 00m ,90 Owens-Illinois 14 ■ .;• *48 53 *25 26% ;A 42.-': • 13% *46 50 *23% 26% , •A33-/V 42 59% 33% 33% *128 129 "165% 165% 170 •A *165 r,:;5% 6 5% 57/a 5% 20 19% 19% *19% 6%. 6% 20 V 33% *128 *165 177;.' . 15 • *13 , 52 52 *26 14% 2,900 *26 Pacific "50 A 28% 41% 61 1st 20 41% 61 42 4,300 •":.,'•' 800 Coast 2nd ; 12.50 Gas & *129% 3,300 Pacific Pacific Telep *165 175 5% 5% 20% 20% 20% -6% 6% 6% 5% 5% *165 5% 20 •%«140, 167 5% 6% v 5% & 19% Jan Doe J»n 22% Deo 11% Jan 23 y« Not Nov 22 100 168 67% Jun 54y2Sep 24 28Vz Oct 28 122% Oct 30 17 30 10 18 V* Nov 21 5% Oct 10 6% 30,300 Packard Motor Car 12% 43,600 *14% 15% 200 44 ya I 2,800 2% .' liy2Dec 2 & Transp 5 \-M 13 Oct 10 Panhandle East Pipe Line___No par ' 37% Jan 3 4 % preferred 100 100 Dec 6 Corp Oct 5 ' NOV 121% Jan 149% Deo 160% 175 Jun 16 Aug Deo 34% Apr 22 No par 20% 1 Deo 46 X80% Oct liy® Feb 26 Corp 42 Jan Jan 14 181 y2 July 17 Oct 89% Nov Jan '48 48 Apr 24 160% Jun 13 17 ! Oil 24 34% Mar 18 48 47% Jun 10 100 ; ; Consol'd Western Deo 79% 13% 6% ,11% Pacific 22 NOV A' 95 Jan 88 A 32% 45% Mar 20% 20% 5 Deo Deo 168 86% Mar 19 36y80ct No par Teleg preferred Tin 36% 25% July 11 3,200 .3,600 Pacific Deo 34% Nov 25 25 Mills 160 Deo xll8% 13% Jan 26 Nonpar 32% 130 Vz Jan 18% Jan 11% 107 t Deo Nov 119 Nov 23 10% Oct 10 13 % Nov ' No par non-cum Electric Lighting Corp 32% Jan Feb 2 A 23 ya Jan 155 Jan May 7 Jun 17 f 22% Jan May 29 b"74../ Jan Apr 100 34% Jan r Deo 23% 49 5 10 Pacific 130 y2 130% May 22 24% '106% Oct 112 16% Aug ../// • 130% 167 19% Dec 86% Oct 4 19 July 1 Jun 14 Jun 3 Jan 14 Jan 18 Feb 11 Jan , 29% 25 22% 22 A 36 14 xll9% 23 177/b 11 120 29 A 51% 10 39% 24 180% 2 35 22 t 111% 69 % Nov 26 non-cum____fVo par preferred Pacific M No par Co preferred r M ',:V33 'Pp. : Pacific Amer Fisheries Inc.>«-. 14% • 52% 61 X33 • *50 28% 41% *58 34% 129 *165 A,-' 4 61 33% ■129 V1"',A - 42 59 A 27%- 41% 59% AA.;Ai4A':; 14 *13% 50 26% 42% 60% 129 v 50 42% 60 33% Ar 33% *128 - *12% 27 41% Va . 60% AAA 52% / *24 42% *59% 15 14 13% 14% 14 - . *i3y8 *47 / .v • 13% 158 • 2.50 Co Oct Sep 26 100 Glass Sep 26 V* Nov 10 —___ 74% 10 «/4 Nov X113 ———Nopar Outboard Marine & Mfg Outlet Co Sep 99y40ct 100 preferred . 21 AH 18 y8 Nov 6 P 14 *12% 20 100 A 112 26 19% Feb 26 No par Elevator - 6 % 20% 89 73% 73% 71 y : 165 * pfd preferred Corp (The) 8% conv preferred Oppenheim Collins 29% 108% Jun 100 No par __ convertible 37% Nov 30% Sep 80 , Co Corp 4%% 28 r *20 90 73% *13 A72AA *160 20% 20% A Co preferred Oil Omnibus .115% . Edison 4.40% 11% 115 28 Ohio 100% 11% 115% 115% 30% *158y2 20 ■: 90 *88 70% 29% > *26% 28% > 18% 100 11 11 114%: 114 19 100% 100% 11% 5*26% 29 26% ♦21% 22 13% 101 % 11 114% *26 V* 26% ♦21V4 19% :v 101- 11% 28 *26% 19 19% 101% ' 11 22 *21% 21% 101% 19 ' 102 ' 11% ,114 " x33% *108% 23% *21 11% 114% 32% 110% 22% 22% 22% 21 101 ■ 11% 32% *108% 22% 33% *108 111% 18% - 102% *11% 33% 110% 33% 33% ";22% Jan Mar 6 32% 16% Jan ' e% 11% A 6% 12 A: i 44% 105 AA 11% 11% 12% 15% *14% 15% 44% 15% *43% 11% *14% *14 A *103% 44% 44% '44% 67% . 110 *107 32% 55 4% *53% A 55 - 4ya .'4% 4 • 41 *29% 40 ' 30% •41%. . 29% - 4% ' ; 12 ya 14% 44 101 ^ 101 AA-y-sm '■■■ 5% 70 x31%; i 56 44 100 29%, - 56 *107 *54 41% 28 y2 28% 29 '"A--: 29 : 12% 14% 14% 80 *41% 42 13% •' 81 ;;v41-v • .! A -13% 42,800 12% 81 •40% 41% 41% 13% 81 .14 3,700 30 600 *29 115 21% *40% *52 "■* 26%' *22 *51%' 91% : • 54 *16% 21 y2 *16% 25% 26% X25 22 89% 31% *106 A 22 r 9% *21 31% • 108 BVs :; ■ 9% 9 c: 9% LOW AND Saturday Monday V Nov. 30 $ per share 14%' 14% 57 57 55 V* 39 39% 38 62% 63 f 62% *108 110 26 28% 28% *115% , ' 93 : *28 15 39 .-62% 108% 62% 108 - *115 k' 28% 28 117 117 . ; 26% ,; Friday $ per share *14% 14% ?! 56% 56% 38% 39% 60%'60%;;, ' 109 " 59% • *107 117 117% 61 108 108 ' , ;; 26 28 • 1,000 2,800 15,300 , 1 25& ; 28% §M 14% 56% 39'/a • 28 28% 118 117% 117% 13 Va - 26 i 3,800 ; 1,400 20 V* 20% 21% ; 93 y4 93 y4 :h-93% 93% 91% 92% 92% 92% 92% 92% .- 36% 35% 36% 35% 36% 36% 37% 36% 37Va ,*v 36 % 37 y4 *104% 106 % i 25% *95 *23% *80 25% 85% *82 53% 52 85% v 101 100 53% *16 20 ••52% *23 y4 *16 : 32 32 *32 105 105 *104 *124 20 1 32% 10% 10% *90 10% 96 *90 . •>'.•: *95 '-Pi 100 :■ i: . V 53% 18% 18% 17% xl6% *190 200 *200 36% 7% 35% 7% 10% 10% 7% *15 97: 18% 16% 17 36% 206 *200 206 35% 35% 35% 7% 7% 125 7% 7% 9% 10 io *100 125 ♦ioo / 125 17 33 " 33 105 /A .: ; 61 72% 69% 70 70 ; A 200 15% 16 14 14% *196 / 20o 15% 15% 15 *197 A' 97 : AA 10% 89% 12% 12% *12% 13% 21% 20% 21% 20% 21% 21% - 14 21% 21% 21% 21% 16% 16% 15% 15% For footnotes see page *21 15% 23% • 16'/a 106 V* 25 110 May 1 39% July 11 82 Apr 30 10 48% May 21 2% 29 ■':■ 91% 18% ; , PP; 18% A *16% 3,600 nVz 40 2,700 300 : 15 15% *189 206 /•'/;' *198 37 A 37% I p-,-12% Dec 37% / A-;: ;, 9,900 10% 9% 10% 60 A-/' 60 70 ■ A :A. 70 : *100 .7,400 A 69% 15 *15 *200 16% 12%' 21 y» 16 13% 13% *13 20% *22 16% 12% 21% 21 24 16% , *21 23 Xl6% 16% 21% A Deo Dee Oct 110 July . 73% Deo 5% Jan Dee 29% Feb 39% Nov 21% : Jan 30 Deo 17% Deo,: 6% Mar Oct 24 y« Mar Xl8 Co, 2 • 28 Co 5 ' ; 100 33%c Co _100 100 —100 No par Co 2nd preferred Corp of America 100/: 5 -43 « Jan 86'A Nov 14 Oct 21% Sep 16 Oct 100 Oct 75 Oct 28% Sep 105% Sep 8% Oct 19 115% July 15 27% Jan 24 12 16 49% July 16 37 Va Mar •' . 68 Apr 22 1 A 09 14% 51% Jan 25 40% Jan 19 10 ^ '7 par • 21 11 ' —No par • 13 Apr .1 35% Jan Phelps-Dodge Corp 25 29% Sep Philadelphia Co 6% preferred—50 •; 59% Dec v $6 preferred No par 108 Dec Phila Electric Co com No par £>• 247/8 Sep ; $1 preference com No par 27y2Feb 4.4% preferred 100 116Vz Nov Phila & Read Coal & Iron 1 % 11% Oct '• Philco Corp _3 4/ 20% Dec 3%% pfd series A : 100 91% Nov Philip Morris Si Co. Ltd 5 4 33y4Sep p 4% preferred 100 X105 Oct pp 3.60% series preferred a. 100 99 Nov Phillips Jones Corp -No par 20% Oct 5% cum preferred i 100 85 Nov Phillips Petroleum —No par 49 Feb Phoenix Hosiery 17 V* Nov Si Co Inc - ■ " - *22 16% Pitts 340 80 :'/■ 15% 400 205 50 16% 1,800 VA 14 21% 24 . 16% 900 2,200 200 1,100 Mills preferred C C Si A Pitts Coke :v $5 Pitts conv Ft —— RR— Coal Co Co Forgings Wayne & Chic Ry— ' 7% Pitts preferred Plate Pitts Screw Pittsburgh Glass — Co 1 1 100 100 _10 No par & Bolt Steel —100 Co—No par No par Chemical preferred Si Consolidation Pittsburgh 25 —No par Inc— St Louis No par Co 100 5% class A —100 5%% 1st ser conv pr pfd 100 Pittsburgh & West Va 100 Pitts Young & Ash pfd 100 Pittston" Co (The) 1 Plough Inc new 5 preferred preferred class B— Jan NOV 38% NOV July 48% 19% Jan Jun 17 19 92% Jan 119% Nov 17 63 Jan 116% 43% Mar 18 Mar 12 18 A 26 14 ya Apr 41% Jun Dee ; Apr 105% Nov 109 3 10 108 Mar Jan 13 Dee 8 13 89% Dec V\ Oct , 29% Nov 25 Jan 29 V* 117 Aug 122 NOV Apr i; 19% NOV 12% Aug 31% Mar y. 44y« Deov Sep 13 28 56% July 74 Sep Jun 10 107% Sep 113 Apr ; A:89 Jan 110 • May 15% Feb Feb 106 26% May Feb 30 7 3 8 8* 8 5; 3 9% Oct 10 103 Oct 3 ; 59 Nov 21 69V2 Dec 3 '2% 200 Nov 12 Mar 29 69% Jan 3ft 2ft Jan j 37% NOV Feb 126 11% 106 Jan Sep Deo Deo 23% Nov 20% Deo 15% Deo Deo 106% 105 Sep 118% Aug 8% Mar 85% —<4,; 25% Jan Deo May 15 210 Jan 11 16 202 • 44% Jan 15 Feb 34% Dee M% Jan 8 Nov 15 % Jan 11 136 6 14 Va Oct 10 115 Jan 21% Jan / 414 Jan 11 Dec 20% Sep 10 71% Dee Jan 73 4 1 Jan 71 36 • 17 Yi Nov 22 7% Dec Dee 57 106% NOV 106% Aug 27 21 3 July 11 Nov 30 Sep 10 v Deo 40 y« 102 7% Sep 24 Xl6y2 197 200 30 15% 36% Jan 9% 17 29% Sep 20 V ; *35% Oct Jan 19% Aug 25 , 112 / 102% Sep 25 123 Highest $ per share $ per share 5 Jan 47 19 20 5 B A 19% Feb 11 26 10 20 27 Year 1945 |/ Lowest share May 16 122 20 30 3 No par Plymouth Oil Co /Pond Creek Pocahontas new J per 16% Feb 6 2 80 p May 9 5 x48 May 23 19 6 - 76% Jan 22 117% Jan 18 3 30% May 1 24 34 July 10 25 13 - Oct 30 12 V4 Nov 25 19 Oct 10 - Poor 81 Co class 96% Nov 43% Jun 109% Jun 11 t per share ; Pfeiffer Brewing Co $4 Jan 36% Jan 132 9 Range Sine* January 1 /A .:■/,/•. Highest ;:/■;/ Lowest ' PUlsbury "• Dee : Dee, 46 30% Jan May 22 115 2 26 : 10 .Apr 24% 46% NOV 49 > Nov Range for Previous i-Vii i (Chas) 113 •s 33% Aug 4 47% Feb Dee 30% Deo Jan Nov 20% DjBC STOCKS NEW YORK STOCK Pfizer 33% Deo 111 A 37% Aug 25 Deo ,17% Jun; 11% Aug • 100 * 49% Jan 16% Feb • / Salt Mfg Co^__ 21% 45% Jan 20 % Sep 24 25 Sep 24 i.10 .# 37% Nov 25 ; 50 Ry 57% Jun \1lU8ep 20 ,No par RR llayi 72 Jaa 69 ; Dec 30% Jan 28 Va Feb 110. Jan 100. . 7% 61 200 3,600 , 69% 15 16% 125- 61 200 16% "io /-'A 206 7% . Oct 14% 6y4Oct 30 . -No par - 81 64 % Sep 12 40VaNov22 7 Corp. & Light ' Pitts 7% 125 / x80% 32% Jan 227/aJun 17 247/aJan 29 Oct 10 11% Nov 22. . 7% Jan 111 Sep Jan 106% 357/a Aug 13 ;/ Deo X39% Nov 4% Mar 56 90 y» Apr 3 „10 Co 2975. Apr 9 EXCHANGE A 10% ' *12% Corp Corp preferred Milk / 900 *124 10% 7% *100 70 206 Airlines Eastern 81 Petroleum 90 - 10 Va -A 60 15% 200 .:i: 7% 10% 61 *14% . 56 *102 % 17% 37 7% •,; 59 *196 y ■ 18% *200 37% 61% 16% Zt ; A *190 *70 200 55% *16% A 20 18% *190 *200 29% 21 > - 56% *16% 17 240 12,600 85 33 *90 p': 19 -9,300 26 *83 105 *124 A 10% 100 *24y8 32: 10% 60 16 *16 206 *100 72% *195% 10% *95 •":••! 4,700 ; 106 85 *102% A'/ 19 *190 10 61 32% 106 25% 55% 104 *90 100 *16 : i 106% 85 20 32% 104 21 *24 y8 56% *16% 13%' ' 10 125 *71 10% 97 18% 17% 24 *124 10% 18 ' / 36% 33 105 *90 19' 19 *17% *190 *95 24 ,/ 13%* *106 85'Vv;;-:85^ 20 *104 10% 106% 53% *124 97 , 84 32% 105 13% 25% ^ •IS *124 13 --h ♦105 ' 53% 61 170 v , 20%: 21 *83 *100 110 13% *117 26 13% *23% ; 200 460 , 28% ' 20% *96 20 19 No par Shares 12% . Deo 9 Jan Nov 52 ___No pfir Sand the Week % 20% 102 29 13% 3yaScp ---5 Marquette Ry Co__ prior preferred 5% Pet 500 Sales for ; Dee. 6 ■ : 107 Fere 2,300 13% *104% Peoria 4%% 21 Va ■ , Co preferred - Pepsi-Cola 200 •■: 12% - ,:rDoo 18% Mar P* 35% Jan 2.50 -'V/ 26 , Oct Stores Inc_ Peoples G L & Cokfr (Chic)l 5 % 20% : v 600 . 13% 105 *97 L 61% *28 ; / 100 2iy4 .'36% 105 800 ; 17,300 Dec. 38 108% 117 / 9% 55% : > 25% 28% 27% Oct 1 - Cement Penn Power Pennsylvania Pennsylvania Peoples Drug ;■ 30% 14% 57 y2 61% 25% 6,800 28,900 25% 1,000 t per share 14% 40 108% 108 25% 3 56 Sep 10 105yaOct 24 No par & Coke Glass 5% •> • ■ 55% 25% Inc & Enterprises C) Penn-Dixie - "10 > Thursday 38% v A(22AAA£ (J J. Penn Coal PRICES xl4% ... 12 10 56% Apr 22 111 Apr 30 14% Jan 10 Transportation„__lVo par \12 Mines Penney 108 vx9 • $ per share i 55% : 38 63 ;r: • :• 1 Consolidated .Mines_„l Penn-Central ■> 100/ 86 30% 9% X21 % -•25% 21% *82 4% Dec / 100/ Inc__„„« Penick & Ford • il Penn 93% 21 ■ ' 25%; 117 V- 13 V8 14% 38% 6,200 ' I r Tilford Parmelee 109% •106 Dec. 4 55% 55 V2 > 26% 21% Wednesday $ per share •. -14% , 108% v \ 25% •• 33 118 20 *104 ' Dec. .3 1,700 ; ' *115 f 6% Jan Jan 27 20% Apr ' HIGH SALE ; ; 92% 25% 3L 9% 18,600 7% •: 54 i ■ *18 108 i 1 No par Pictures Utah Patino • 12,600 14%'. 20% "•' Va 41 ' 92% 84 . *30 , Tuesday u Dec. 2 $ per share 14% ;; , 26 *51% 22 *106 -v , 108 ' 22 *40 / 109% 84 31 v : .:• 40 *105 86 31 *106 21% 25% 22%: 26 y4 21% - 109% *84 » 46% 13% 7% , Ref_. & Parker Rust Proof Co 2,500 :*30 118 - & & Inc Parke Davis & Co 1,000 12 ft (•' 20 33 i v- 1 ,54 91.S;): t."91-v-%? 20 ,20 i 25% 26% • 22 ♦106 87 - 31% *106 31% Wit 110 *84 108 *9% : {■: 26 *106 *30 *115 . -,-*5iy4 r 21% 26% 110 ? 8% 21% - 91%' - : 20% fev '39( 41 90 *7% 32% 118 'A ' 45 : 14%' 19% 25% v:r y|). - 45 14 8 *115 , 25% - *39 54 91% 21% 25% 40- 50 Vz 22% > *106 *85 21% 81 . 44% 21 *28% • V: 13% -1 13% .yn% 12% Feb Corp preferred conv Park : 500 7% 115 21% *18% " 115 AAA-: 20% 32% *28% : &Z40ry, 92 7% 21 19% 26 54 A;' 91% 7% • . 33 :':j • •ll5'-.';>: . 25% -42 7%.:' 21A 21% V -26% ' ^ *111% 22% * 26 *29 33 . *111% . 7i/2 20% 20% ' 12>'» . *79 , 14% u- • 8 77/a 20 } 45 41% 14 ,-y 12 4% Prod Park 4,500 40% Airways Cos / Paramount 800 56 40% *28 14 *13% 137/a 12 Va , 12% ;< *78 14 12% 14% .14% 12 12 Va *78 80 13% •;,i4%.- • '. : -'12 •12%' Paraffine •4% -•-4% , - 41% Panhandle t r 33% *54Mt 4%. 40% < • 600 110 32% 56 American 8,200 71% *107 32% -A,, , • 4% 4% . 40% - 110 . 32% A - 71% ' *14% Pan - Pan-Amer Petrol 130 102: A-A/'O-;"';/ ;,A 5AA SA'/; ■ 74 *7i : 33-.' ; < - ;y:A4:^ • 40% 29% : 11% 43% 102% X70 AA 'AA:AA 40 29% 6% 14% *107 ~'y 110 * . -• 4%, - ■' H " 41 6% ' , 55 A '44-r•• 102 A:; .A 69 ■107; •: 110 • 32% 33% 32% 12% 43% - ' 15% -A; ■ 4% 69 110 - . 11% *14% ; 103% ' if. '4% ■ 67% 32% 32% 55 101 5 Va 5 68 *107 -; 104 ♦101 5% 5Va 68 6 A: 48%>Jan 15 14 A Jan 30 190 39% Deo 6% 8% 12% Jan Deo Deo Jan 15% Mar 117% Oct 69% Jun 91 Jun 43% Jun 22% Feb 16 Feb 27 99 96% Jun 14 49% Mar 141 205% July 44% Deo Jan - May 28 34% Jan 18 68 Feb 21 Jan Nov 12 198 Jun 198 Jun 31% Jun 14 Jan 22 Dee 92 200 22 July 1 29% Aug 12 25 Oct 15 9«71/. Pph 12% 1 ' 17% Jan 27% Deo 24% Jan 33% Dee ; ;; *"*MmW4M*)MlHM« THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 jyolume 164 2973 NEW YORK STOCK RECORD STOCKS LOW AND HIGH SALE PRICES $ per share : t M58" , ,,'58%; ' ->20% . 33% 35% 20% • ,20% ' 19% j i , 35 107 ' 113% •109 * 31% ' 21% 110 31% 2i 22% 23 *' ' 57% 33% 33% 33% 34% 98% 99% *34. 34% '♦112% ; 52 113% 50% 52 y« 51% 22% •21% ; 22% • 109 ' 22% 109 32 109% 31% 32 32 22% *21% ; i >- ••■I.. 200 32 . . 32 NoV 21 99 Oct /- preferred——-1'—-.—No 5% - 1,000 23 *21% ", • 40 71% Apr 27 67 May 14 105% May 22 41 July 1 31 500 65 Sep 10 115% Jan 10 108 Sep 25 126 114% Aug Jan 139% May 10 112 117% Feh 15 150 Nov 30 , 47% Sep 10 19% Feb 26 _100 107 30 Quaker State Oil Ref Corp.;.—.10 Oct Jan 69% Jan 17 Nov ■ 67% Not 11$% Deo 126 Dec 138 121% Jan 112% Oct 47% Jan 15 Dee Dee M«r 106% Jan 110 Jan 2 9 119% Jun 20 25% 26% 17 Jan: 103% Feb 30% Jun 10 103 par ■; No par preferred eonv Purity Bakeries Corp 10 Sep 10 17% Oct 10 preferred -h, * 100 ; 7% preferred —_;i_. -—100 8% preferred ; w— 100 Pub Ser El & Gas pfd $5-i—Nopar Pullman Inc —; -—No par Pure Oil IThe) -,7—, No par 7,300 11,200 22% 9 $ per share 12% Jan 16% Jan 63% Feo 18 Get '6% 340 6 53 kv; $5 $ per share Feb 16 Dec Nq pat Pub Serv Corp; of N J com—No par , .■■ • 200* , 30 38 50 Year 1945 Lowest Highest $ per share 11% Nov 22 Publicker Industries Ine—— 5 $4.75 cum preferred No par Public Service Co of Colorado-—20 24,800; '"■% $ per share • 1 — — ' 870 Inc.; 4%% preferred ser Procter & Gamble -V740" 52 32 .* Par - Xl07% 107%; - Range for Previous Range Since January 1 Lowest Highest , EXCHANGE Pressed Steel Car Co 1,300 113% *112% <' v 23 3,800 : 34% 21 21% ' : V, 21 21% 105%- 106%105% 106 «.< '! 111% 111% t 111'A 111% 118% 119% 119% 119% , 127% 127% f) •' *126% 120 ,, * , 13,400 1,200 3,000, 34% '22% 113 21% *109 *96 *95 51'A' *22%. 23% ' 57% 21 y2 *112% . 31% 31% 58% 107% 111%>" 119%.120% 127%1 128 %)', 110 *109 . 58 106% 50% 21% ,49% 51% 22%; 38% Hi \r 127% 128% *112% 113% 50% 13 34% ; <20% , 119% 119% . 21% ' *110 f 3i%; 23 *112% , ;.22%(f22% *31% 127% 12% 38 33% ,33% ' NEW YORK STOCK Shares 13 39 100 *95 20% I per share , 12% 39 58 34 , ; 107% 110% 111 ■ 119% : *107 hi; ; 127% ,k ,;',112 ,L;ll2%j "<.,*52 '.j!>,t '52 *109 108 110% 119% ' llOVa 119% 119% ;; ,128 128% ; 107 i ; ; •110% ••' • 33% 19% - ' ♦106 ya : 33% 33 the Week 39% 57% ; 100 *95 k I per share Sales for Dec. 6 Dec. 5 13% 39 39 32%' 34 100 *95 ,100 35% ' , $ per share 12% 56%; 57 57%. 33% *95 •' ! 12% •38 39 67% ; . , Friday Thursday Dec. 4 12% 13 39 40% Wednesday $ per share share per 12% 13 40% < - Dec. 2 Nov. 30 \2% Tuesday Dec, 3 Monday Saturday Nov 2148% NOV 118 Jan 4 23%r Jan 88% Oct 24% Den 112% Nov 28 Nov 25% Aug 13 18% Jan 12% Deo 19 Jan 23 96% Mar 19 19% Jan. 78% Jan j 7% Mar ' 19% Deo 90% Oct 19% Deo 28% May 23. 2 17 100 115% Jun. 13 Sep 20 38% Feb 19% Feb 20 Jan Mar / ' R *81% ; 9% 9% 9% ; 82....:,.': 81% ,"16 % i'|', 104% 104%,! '15% 16 I 7 15% i6y8 *103 9% 81% o% 7 81 81% ;' : r . 21% 34% • X 34%; 4 ■ 19% . 19%; 50 yj" ■If"': 40 %> : *37% 16% 16% 109%, *105 13% *90 /•■: 'iW 28% 7 ,77 14%. ,76 78 ; 25 25 y 1. 8% 'M 8% ' 7% 21% -1 v \ 7% 22 % *104% 107 t)\- 37 7 1 i; v .: . f'.Ji'.' V. •rfi 714% 26% 7% 21% ! '7% 25% ♦104% •14.:r".:; 14% 13% 120 , 91 ■''s;:; ;:■■■' 15% 37%: 9% 7% ^ Sep: 10: >36% Oct 9 46% Jan 15 Nov 26 99 Sep 6 12% Dec > 4 76% Sep 20 14%Hov 22 series—— 100 '■'■:, • Dec —1 -25 100 —1 20 Ino_ 2 38% Nov 38% Jun 29% Mar 80% Dee Mar 46% Dm 28% Dec 137 Jun 69% July 17 Jan 143 36% Dm 102% AUg 50% Jun 3 105 y8 Apr 3 31% 22% Jan 99% Jan 34% July 19 Oct 14 Oct 28 Deo DM 27% May 11 101 May 18 32% Mar 13 — warrants with Preferred Reo Motors, 2,300 76 Dee 43% Deo 36% Jan 11% Jan 102%Oct 9 <45% Apr 22 ; v 19% Jan 31 Apr IT 112% Feb 4 16% Oct 15 125% Jan 17 26% Nov 22 pfd 3%% Remington«Rand 5,900 9% 9% , ; 7% 7% 18% Jan ♦ 9 26% .. 16 3,400 . 27,500 ; 1 '$1 conv preferred 7y8Nov 22 Steel Corp———No Republic ( 7% Nov 22 50c —10 Republic Aviation Corp Republic Pictures 12,900 / 8,400 , 7% X15% '26 15% 26% 120 120 14 37% 43 Co 1st & Conv 105 ; 53% Jun 207 ill 34% Jan 40 ; 16 pfd—..100 Corp— No p or (Robt) July Aug MarXi 33 33 Reliance Manufacturing Co—No par Reliable Stores 103 6 49% Feb 6 * 190 i 38% Reis f May 14 39 Apr 9 ,33% Feb, 4 Dec 24% Apr / 29 114 . . 13% ;13% - 121 r V , 13% Oct: 10 DM 38% * 1,700 18% Deo 17% Feb 25 7 21% Feb; 21; 40% Feb : 16 118 19% Jan 102% Jan ; Apr 20 .31% May 28; 110% Jan 3 ! ; 11% Jan! 87% ;»45% Jan. 15. >136 iosy4sep 11 112% Nov 22 7 5%% conv preferred———*—100 ■Reynolds Spring -u-L* 400 ' 13 % 13% ' 7% Aug 8 24% Oct 10 , par ♦109% 111% 7- *109% 111% 6% conv prior pfd ser A—:—100 107% Ojpt 17. .18 21% 22%. ' Sep 19 21% 'V22:;7:77 : 8,500 7; Revere -Coper; & BrassL.No par ; 97 5%% preferred — I——100 105% 105% Sep 25 *105% 107 777: .77; >.-40. 7 36% 37% 7 : 37% 34% 8,600 •Reynolds Metals Co--—^_No pary: 24% Sep >11 77 13% 90:' 500 28 .7—5 Hosiery 6 17% Sep 19 32% Nov 15 16% Sep 19 .100 ;7../■■ Preferred./ .Reeves Bros.' Inc^-w-i----.500 3,400 • *77 ,7: 7 79 :7,V.7 *101 Real Silk - .19,400 , 100% Dec 7' 32 - 37% 36% 100 , T 13% 25% 14% 107 13% 13% 100 .17% 108% - 15 /• 25% 22% 7: ; 1120 ; ' 13% 4,600 ■■■' 3%,% pfd-i- .100 28% Apr 24 112% Feb 11 . ' 8% 77; 111% , •118 7 ;118 • 7% 15-,.v7 27% ' *104% 101 " 39 91 • 25 25 800 , • *28% : .29777. 7 *36y4 37% ,*100% 105 v . 7 Nov 22 0 Sep 24 " 15% Oct 10 77 • Raybestos Manhattan —JVo par "Rayonier- Inc i. --1 "7 $2 preferred— —25 —50 Reading Company ,-50 7 yy 4% non-cum 1st preferred 7 7 4% hon-cum 2nd preferred--50 300, 13% 15% 80 -l, 48 Radio Corp of Amerl— No par $3.50-conv. 1st preferred—JVo par. Radio-Keith-Orpheum : .—I; Ralston Purina Co ;■ 1,400- '7,:, .' 20 *17 *106 28%- 78 8% ♦110% 21% 35% (36% v 118 ♦117 • ''7:' 14% 7 *♦104% 107. V 36% 35% ' .7% / 14% 14% 7 111% 20% 8% 23% "78 >>. 25% 25%, 26% 7*110% 111% 7 20% 21% 77% -14% *110% t; 38 t Jan 16 37 Jan* 14% Jan Nov 24% Oct .110 Nov 15% Jan 98 • 28% Feb 16; 7; Jan 33% Dm 115 . Deo 11-7% Dm 23% Dee ' :?37% ■; *48 137% 738% 50 7, *48 i 100% 100% 21 19% 38 49% r *100 , <100% 20 ■< . 21 " 14% v 14% ; .' 7% 7% 17%..; 17% 54%. 54% ym j; • *54 ■■ ♦24'A ; is 18 ■ 25% 7X37% ; 38% 49% 7 ,101% 102 17•19 7 101 20 38% 49% *47% 10,300 49 •47% . : Reynolds (R J) Tob' class B-—10 yy 'Common ■■■.————————10- 36% Sep 11 Feb 43 101 ; , 102 *100 Preferred 3.60% 900 series 100 --—100* 14% 28 17% 54 *24 28 20% ; 21% 14 7. 14% 28% 7% 7%. sr.. •777% 25 25 54 -7% : 7 17% 25% 7 7<V i7y8 17% *54 : ; 55 25% : 7 25% ■ *54y8 : *25 ' , ! ' 400 26 7 ' STOCKS LOW AND HIGH SALE PRICES ' Jun 38 10 20% May 28" 44 Apr 29 10% Jan 16% Jan 13% Feb < 5 • 9 6% Aug. 19% Apr 33 Mar 6% Oct 10 Antelope Copper1 Mines.—*Royal Typewriter Ruberoid Co (The) • —--No par Ruppert, Jacob—J_—-J--—5 600 7/ Oct 25 31% Jan 37% Mar 99% Sep 16% Mar; 50% July 31 108% Feb 25 Nov: 25 ;i9 Dec 4 -12% Oct710- ii.No par No par Company Roan 3,800 2,800 : 55% Ritter 200 . 17% —i—L.-1- Rheem. Mfg' Co—,— Richfield Oil Corp .7— : :k 4,200 , " *27% 28%-r 1 53 ' 6,900 14% .7 *27 y4 ■ '7% yjyy 17% 17% 7% 17% x53 < 20% 7> 14% 14% .14% 27 y4 7% y:-l Af?- 19% ■A: 14% 27 y4 • / 6 7' 46% Jun 18 ' 101 , ■ 19% .19% ; 25 : *24 ; *48 49% 7 aoi 77 55,7; . i V 38% : *48 , v 38 ! 14% 14% 28 *35. ;7'i: 7% : 7% ; •25 ,27% yy * '.,'7 15% 25 25% . 8% 7»A. ' , 122 \ 122% 'i1';. ■■ 8% • 14% 14% .: 26% U:" ;*uo%iiii%,.e 25 •_ 25% 14%, * 9% 7%' - 25% • •!. 108% > 29 38% <.39';^; *101% io5 yu 37 38% *101% 105 105 25 •26% ■■■" *105 7 10,200 36 ; 7t. 19% 77^8777 *37% • 18 *15% 7 7 . ' • 7^,13;:':; 713% 90.77;'; ;v;,7.'7:9o:r7 90 yywy-k ' 77 77 . 37% *101% 105 ♦101% 1. 17% 15 ■ 7:7'7 19% . 13% 89% 28% 7 35 .■ ; 32% 77; *37% 729 7 ■ isy4 ■ 19% 20,000 :/;7^, 240' 22% 21% 35% f 1.300 - 7100% 100% 7 *48 77 : 109 12% 28% *27% 39 *15% 88; 88 15 *27% 28 ; 7 48% 16 , 22% 777 35 19% 7 *105 , 13% 90 85 . 15 % 14% *77 '7 ; 81 7;:: 38% 38% • 109 13 7 14% 99 *26% *105 13% 35 19 '"! 15% - 31,600 79 33 'T'-:7;7; ■7722:;.; : 33 20% 35 18 *15% 7 109% ^3y« ' 21% 48% *37% * 16 9% 77% *100% 103 > 20% 38 38 16% *15% *105 r 13% 20% , 39 <15% •33 '347, .77; 34%. 34% 19 >A ■ 19% 50 ,v 7*487'""" 34% 18% so j *37% ■ 21%;: *34 ; 19%-;: *48 33% 20 y8 34y^- 20% •; 9%' 7 : 80 7 80 103% 103% 34% 102% 102% 104% •34%- ;:35V:\;;,r; , 21% 16% 9% 9% , 81 v 15% 16 ' ♦34 9% 9%* 81 • 17 Oct 30 40% Sep 10 21% Oct 10 30% Jun 3 65 May 29 34% Jan 9 21 Sep 40 Oct 46% Nov 106 Dm 26% Dee 18% Nov 31 Deo~ 12% Dm 29% Nov 48 Oct 34 Dm Range foy Previous , ' Monday Saturday Nov. 80 ; ■7 56% > 23% 23% 113'A: 113y4 ; 56% =,/ 55% 48 :749.:7;v.v 100% 110%' *08%: 99% C. ■' i ' '• *8%- 36% 11% ; ■ 27 7 •' ,7; J■ 4-.; i I ■* . 6% ■:v. 13 22% ;'!u,< .'J..,, )3%^i%' 32% 7 ^,%lJ9% 1*ry* 78%; 30% 87 . *65 , r 21 777 *19% 7^ 777 7 8% '■.:1-, 7' 8% •37%: 38% ' •49 6% 7' 67 17% 7*17 16% *22%; 723%; 7 .••' 53% ; ■>« 1? 23% 7" ■' *22% 7l27v«;,; xl4 14- 7:7 106 ; *52 55 36 '• "'7'; 31% 14% 4% 7% 4% ■•: 7 .. 32% 32 30% y 87 x36 I / 7 7 7 7% *52 y4 ;'7; 547 ', 174% '34 34% *26%. ' 55 77 *52 19 y4 18 15% ' 7' Mar 35% Oct 40 17% Mar 107% Oct 114 77 Jan 2 ' '17% Sep 19 (Frank G) S -—X-No par ; Sep 20 Sheaffer (W A) Pen Co——No par ! 64 Shell Union Oil y'■ 27% Feb-26 8 ' Dec 6 Sheraton Corp of America,^.;,—1 • ■ 5% Oct 10 Silver King Coalition Mines-——5 j Shattuck 1,300 , ; Nov 21 -—-L——*>.N0 par if'i 33 Simonds Saw & Steel ——-No par :' 38% Jan 8 Oct 10 Sinclair1 Oil Corp -——--No par; ( 15 Jan 28 Skelly Oil Co.—L_—,—u,i_15::; 54. .•Simmons Co >718,900 17; >6001 Ironki^i.20 14 - $1.20 preferred ——No par 21 74 4 13% 87 59 85% Jun 7 27% Feb 16 • Jan . July Aug "5% 3 1 6 56% Jun ' 3 61 May 31 20% Jan 11 k Mag 24 May 16 43% Jun 17% July V; 14% Feb Mar 32% 30% 14% 41% Jan Feb Aug ( Jan 15 37 Dee 71% Dee 30% Nov 14% Dee Nov 24% Oct Jun Deo Dee ttfe Nov 72% Nov 22% NOV 70% Nov 36% Dec 12% Dee 46% 44% 21% 65% 22% Dee Nov Dee Dee 24% Apr 17 Sep 23 & 7% Sep 16% Jan 12% Mar 26% Apr 29 * Sep 19 Steel 8 39% May 11 91% May 18 * Sloss-Sheffield 800 m 7 Nov 65% Oct 32% Apr 18 40% Feb 16 4 6,700 5,100 68 y4 81 7 54% 174% 40% 7;':"55 *170 55y8:, 174% 19% 15% ; *86%■ - ;; 45 16% 44 *111 ' 36 99 *77 42% 19 7 97 41% 42 16% 15% 19% 17% 18% 16% 86% 86% 87 17 .17% , ■ 17% ,7 44 44 7.112 112 .36 • 101 page 35 *98% 2975. *100% 101 *31% 32 : 13% 4% ; k : . 35% 99% 17% . 44 y4 *111 35%' *98% , 44 , 7% : *52 y4 ; 41'k,... 54% » 174%': 34% 26% . . 34% 41 66 67 >77 ' • k 81 v'V-17 '■ / /177k: 5% 5% 42% 56 *170 34 ; 26% k; '44% 39% Smith Smith 200 : *■ 14 4% 7% 43% 56- 34 25% 26% 45 40% 41% 66% 67 *77 77 17' ■:■/■ ' 5% 7,900 i 17% 5% 14 *12% 1,700 97 *93% 3,000 •3,200 44 *43% 44% 19% 19% 18% 19% 17% 17 17% 16% 17%, 87 86% 86% 86 86 y3 . 17 45 •44 113 111 36% 36% 99 y4 *98% 17% 45%, 111 37 99% 17% Southern 4,100 18 300 '■.; 400 18,400 24,900 180 6,700 45% 600 50 35% 37% 5,400 *98% 99% .-J.—100 : Edison—-—25 Southern Natural Gas Co,——-7.50, 9,000 1,300 2,200 ——— California Southern ■ Southern 112% 45% *111 preferred 14,300 97 *43 8% - 14 *93% • 5% preferred 50' Southeastern Greyhound Lines—5« South Porto Rico Sugar——No par 4,500 81 19 17% 7 7 .—,-100 Socony Vacuum Oil Co Inc—15 ; 7 South Am Gold &' Platinum—: 1' South Carolina E &> G. Co——7.50 k 174% 44 7 r i 42 : Typewriter-No par Smith & Corona "6,000 - (A O) Corp — 10 (A) & Sons Carpet Co—20 I3 % %v cum preferred 600 34,500 53 *12 13 *93% 87 112% 5% 5% 13 97 *41% 44 k 14 7; y. '54%; . 81 12% ^*93% 7 *67 Xl7-:; 17% 5%* 12% , 36% 31% *170 v 17% 5% 12 y4 97 900 2,500 52 36 101 40% 26% 81 17% 7.5% *11% 33% *77 . 17% 51 a-- 37 . 40% 65% . 52:7,77 .. 7% 7%. *52% ' 53 7 53 65% 66 ' . 13% 41% *98% ,v<- <•<-«• *1 4,500 Jan 3,000 7 7,700 *16% .7~i7'. *21% 22% 4% : 7%. 7% *52%* 39% For footnotes see fpvwvi ■ 40% *93% 111% 1 V 22% 4%. y 4% 39% " 40 %: 19%. . 15% ••••; Aug 23% Oct 10 23 Corp „_i,*7i-No par Dohme 7 —No par$3.50 conV pre! ser A—--No par Oct Deo 61% NOV 29 113% May Nov 7 22 % 17% Oct 10 —1 Gas 14 % 49% Apr 9 23% May 11 22% July 11. 24% Jan 17 ; NOV 22 Steel- 52 ;■■'• 68% .15% 37 7, 45%:. 41%, 111% 36% 36% i 34 5% 18 *43 ya ■ ' 40 33% • •19% 87 *49% 31% ■ 42% 17% , 15% 8 & 106 & 7 ■ Oil < \ 28 39% Apr 18 17% Feb 8 10 % NOV 22 13% Nov 22 12% Oct 10 . 06 115% Mar 37% Jan 16 77% Feb 8 35y4 Nov 22 & Co—-—-No par Sharpe ; 30% 8% X42% Feb 102% Nov 6 Sharon ; 7/6% 7 6%.: 36% 36% . :;;67% *100 7'; 14 I 33% 25% . 41% ;i5y4 4%: 1 42 *86 y3 •r. , Shamrock ' 13%' 26% ,-' 66 17%; 7 6 "7 12% .97 52 52 # k ,31% 31% 77." 7% }. 7; 7% 53 ♦170 101 101 31% '■14 '■ .7 43% *76 81 *41% 102 42% 39% 5% . 36% ,38;k7 25% 42% 67%, 412'/a *93% 6% 36% *22% 23% 44% 41% - ' ?83/r , 8% Mar 100 Aug 14 61 July 11 110% Jun 28 , 9 9,500 : ; 70 *30% 67 26% :" ■' 30%' 36 *26% 26% 43 17% *66 ♦49% ■; 15% 33% 45 67% 70 19 Jan 28 6% NOV 21 —5 — 5 Seiberling Rubber Co 1 Serve! Inc common ——————.1 $4.50 preferred No-par 87 5:719 7<;: 6% 33% v 44% *76 19 „:K' Seagrave Corp 5,800 X7 32% 3oy4 *78% 87 ■ , y 8% M-i sW 15% 69 *67% 17% 17% 36% *52% ' •• 739% •'54:777 7 77:54 40 174% *170 7 77 *30% 33% 74% • ' 7% . 54 54% 7. *170 *100 53 40 41% *40' 32 29% 18 17% Sep 24 Seeger Refrigerator Co "Jan 19% July 110% July Oct 30 preferred series A - 7 ,; 98»/a Deo 37 Mar 30 Sep 24 9,700 ,. Oct 23 ■;•;;■ 22%' 22% 29% • 52 *22% 13% 106 • 32% . *66 36% ' *105 29% , 18% 70' *50 - *78% v 19 . 13 ; . ' 22% ' 29% 22 :;8% 8% ■-ymv lyyy 52 *36 11%, ;;:'" '■•', 7 7% 53 v#52% 13% 106 22% X28% .29% 23% 52 36% 7 , 102 y4 >1007 30% 13% ,7 4% :7; 4% 102 13% 13% *105 Nov 22 42 : 116 . 100% Nov 26 42 5% Sears Roebuck 38,500 7,500 1,000 64 May 8 34% May 29 ■ Highest S per share Aug' 22% Jun Jan 15 48% Jan 90 29% July 13% Jan 4% Aug 40% Oct 18% Dee 7% Dee Dee 24% Jun " 53% *30% : i 53 par t per share ' ,37.777; 102 " 'iUW 14 36% 4 i-,100 400 • 11%: ' 7*36 6% 36% .11%: Sep Nov 22 Seaboard Oil Co of DeL——.No par 7 ,2,400: 11% *65* : -f ••■'17 •;>; 500 900 ,---No Co Paper $3.40 cum pfd ; No par Scovill Mfg Co. 3.65% cum pfd-100 Seaboard Air Line vtc.,——No par 14,500 7 36% 19 15% 66% 66% r , > A- 11% ♦78% . 7 *6% ; 30% 52 15 16% *22 % •' 37% *49 -7 v , 35% 30 : 6% : 37.: 51% 15% 15% 66% 766%, .15%: 15% 7; • 37% 7 50% 27 20 :■•' 37.,/. ■.■.'■•■'■. 22 30 / 8% 8% 77.6%; 7: 7 36% v 52 •66 '•7-.'{7, ;7;.;" 8% ■ -6% 26% 98% :'■ ♦104 - •49 '7 '■■: ; 70 29% 50 ■kk 26% *6% 20% 47% 26% 13% ; 13% 714:,:7^ 19% yy 7*65 19 4.9% 26% 13% 87 7 ; 30 ' '1$ 8% ' *78% 18% 7;:7;: 70 30 .7, .6% 30 20% 98% 20% 50% 99% Scott 22 Lowest $ per share 110% Sep 11 9% Nov 22 7 230 101 11% 31% 77 29% 20:77;77 *65 30%. 30% ■.J.;' 87 • 99% : 3,300 7 20,100 > 1,700 54% 457k ■45:,77 *99 . Safeway ■ Stores--^5.7 5% preferred .i—.—H00 Savage Arms Corp -—^,^.—5 Schenley Distillers Corp.---—1.75 ■■■:• 35% . 22% 21% 30% 29%' *78% 19% 70 ' 31% 29% ,, 11% 13% 7 .13% ! 3iya ;• 7;, 36% 13 13% •104 / 106% 22% 21% 7.;'77 , 11% , 7 49 y3 26% *6% : 26% 6% *104 7:7 106% 106% 77 19% !;748;^7 35% • ; 13% 13% 713%: ' 25% , V; 'f)ii v'; 77' VOfV ■ : ,.'48 7 99% 10% ,53%, "7 ■4S%V 100% 101 45 St Joseph Lead —————————————10 5,800 < Year 1945 Highest :'•; f per share Par kkk". '60,. Lowest • 2,200 22% 113%, 10% Range Since January 1 EXCHANGE 77:.. Shares 56 22% *112 ; 101 99% '55% •': 113 /;,;: 10% )■} 53% '7 44 i t per share 55% 22% ; 113 56% 7, 46 7 . 99% 19% - 18% 19% , 13% 13% >104 y3 ; V 99 26%, y 6% 14% 7 101 99% ft 22% 19%; :V' 54 ■ 45 7 101 ■■.;■■ 55 7:.; 7 113 X10% 10% *99% / •'35% 736% 11% 11% r ; . 55 23% ;; 22% 53% 754% ■:7>'46:/;7 7-46,-77 47. ■7':;:'-7,', 7%'77 12 .,77>: :7'14 l» •7; W 36% 7 ■ , 101% 18% 50 26% 557,7';:/. 47 7 -113 k- -777 the Week Dec. 6 $ per share ■ NEW YORK STOCK Sales for Friday :7;: ■7,7 Dec. 5 share: 55 56% 22% 113% 10% , 47 77 25% 20% 7 19% *49 7 47 *99% 7*98% f 22% *112 V 10% 54; . *56 ■ 7 113 10% "yy' t per t per share 22% ■ X113. Thursday Wednesday :"k;;Dee.,8.../,.;:7/;;(Dec. ,4,, ,7;. 563/4 56 X22% , 10 y4 ioy4 Tuesday Dee. 2 f per share f per share *56 ; k . Pacific Co——No par: No par preferred——100 Railway 5% non-cum Mobile & Ohio stk tr ctfs——100 Spalding (A G) & Bros Inc —1. Sparks Withington .X—-—N0 par' Spear & Co———-1 $5.50 preferred — No par Spencer Kellogg & Sons——No par Sperry Corp (The) ---—--—---—1 Spiegel Inc : ——2 Conv $4.50 preferred——No par Square D Co,———; —5 Squibb (BR) & Sons common—I $4 preferred ————No par r. Standard Brands, Inc,--—No par $3.50 cum preferred——No par 91 Oct 10 55% May 27 July 11 48 May 19 35% Nov 21 100 Dec 29% Sep 20 13% Oct 30 4% Sep 9 7% Dec 5 52% Nov 21 18% Jun 30 May 193 5 1 8 39% July 3 33% May 27 70 Jun 27 705 "Jun 17 3 38% Oct 10 . 33 Sep 23 64% Oct 30 73 Oct 11 . : 16% Nov 22 , > 5% Oct 10 90% Jun 18 06 Feb 13 30% Apr 23 13% Jan 29 Apr 26% Jan 17 Jan 38% Jan; 32% JatM 64% Jatt; 80% Janj 11% Jahi' 6% Mar 36% Deo 60% Dec 180 Nov 37 nov 24% Deo 62 Nov i 60% Dee 87% Dee 93 Dee 21% Dee 12% Dee Dee Jan 20 July 16 80 Feb 32 Mar 95 Sep 44% Nov May 13 104 51 1 • 39% Apr 10 109% Apr 10 24% Apr 25 33% Feb 21 55 2 116 May 10 Mar 9 34% Nov 25 55 May 13 107% Oct 20% Aug 40% Apr 155 May 24 40% Jan 30 27 11% Nov 22 92 Sep ' 4 37 Sep 9 18% Dec 4 14% Nov 22 •84% Sep 17 15% Sep 10 4 Nov 26 60% Feb 59% Feb i 5 Sep 10 22% Jan Nov 9 53 48% Sep 24 Oct 3 8% May 11 30% Mar, 2 171 Dee 108 2 7% 27% Jan 12% Mar 76% Jan 39 Deo 107% July 28 Jan 39 , Dee 23% Deo 99% Nov 40% Dee 116 Dee 49% Deo 22k RECORD NEW YORK STOCK "T Monday Saturday |. , , Tuesday Thursday Dec. 4 Dec. 3 Dec. 2 Nov. 30 / HIGH SALE PRICES Wednesday AND LOW $ pet share $ per share t per share share 28% 29% 28% 30% 88 % 88 88 87 89 y2 '88% 95% ,95% 94% 94% 93% 94 94% 97% 54% 53%,, 54 54% 543/4 40% 65% 54% 40% '66 53% 39% 40 39 Vsz 39% 64% 65% 65 65% 23% 23% 23% 23% 23% 23% 30 54 p ' > 103 ♦100 103 ♦100 103 *100 12% 13 12% 12% 12% 41% 41% 44% *43% ' 19% 47% 46 % 46 ' 46% 46% *100% ♦100% 15% 15% 15% ;? 22% 20% 21% 21 »/4 213/4 21% 21% 15% 15% 15% 15% 15% 15% 15% 15% 19% 193/4 19% 193/4 20% 20% 19% 20 % 13% 12% 13% 12% 133/4 14 13'/a 13% 107%' ♦107 67% 68 121 *118% 7% 11% 114 21 ■' 22 ♦43% •16% 18 : ;.y y. 43 22 21% 20 % 21% •3 * :•+ 32% 27%,, 27y8/27%27% 22 /. / 102 J". 8 102 7 103 7% 8 - 33 21% 213%. 102% ../.;/ 103 ,*42 i 27 32%; 27% " "i 43 *15% -16% 22y4 21% ... 7% •73/4 *101 Superior Steel- Corp new_v-'—*.-50 •/ 19'/2 Nov Sutherland Paper Cb_^*.*._//__10//• 38 /Jan Sweets Co of Amer (The).4.16% 13% SepSwift & C0-__r___„_^_^_>__..^25// 31 Sep 22 21 ; 32% 32% V 103% 7% / 7% 27%-.Vv$i"- 7,700'/, Swift International Ltd.-__„/i2_// 25% Nov 2iy4' >. 13,700 Sylvania Elec Prod's. Inb No par. 19l/4 Nov 102 170 /;; $4 preferred'___^_L/„* NO par 4. 101 /Nov 77/a 3,400 Symington Gould Corp 1 7% Nov x20% 101 77/a > /..v _■ .. . ■;: : ■, , •l/y':.'!////:''//': v//"..; /: »/".,• ■ ■ 13% 13% 6% 6% 6% 16% 16% 16% 59% 59 59% 6% *16 59% 11%- 11 24% 24% 14% i5y8 24% 24% 15% 15% ?. 50% 48 50% 16% ■[. ,16 ,'52% 533A 11% 18%" ' 35 . 17 / 103/4 11 101% 40% 40% 13% 14. r 21 21% ' ; 18% 39% 4i,/■/■ 13% 135/8 -38% *102% 48 52 108% . 105 ♦13% v *102% 104% 5,400 102% 102% 1027/8 ♦ioiy4 » /r 220 20% X193/4 20% 8,500 / 20 103 41% 42% 40% 413/4 133/4 / 13% 13% :/ 5,000 15 39% 51% 104% ♦1023/a 13 13% *13% 133/a 13% 46 % 45% 45% 45% 45% 400 104% 700 13% 46 11% ■■ 11% 66 108% Jan 17; 25 Feb Wednesday Tuesday Monday Saturday ' Nov. 30 - Dec. 2 > : v V Dec. 3 Dec. 5 v/iDec. 4/.//, $ per share /;/'/,■'/: t per share /:/ t per share I; \ , & 5 Corp , . Producing ___i./____i.i.l Co Pacific. Ry :Jun • 55% Apr 21 56% 55% 55% 55 12% 123/4 12% 12%: 12% 121% 12% 127/a /• 12%: 13 / 27 % 28 27 y4 28% 27 89% 90 :/ /. 27% X263/4 28% 89% 273% 91% 90 X891/4 903/4 .; 34 Aug *1123/4 114 113 113 ♦1123A 114 *1123A '114- *104 112 *104 112 *104 112 *104 *99 101 *99 101 101 *100 101%: *100 126 , ♦105% 21% 21%/ 21% 126 y4 125% 126 125 ■/.. 1251/4 107 105 106 *106 17% 17% 103 17 16% ■/ m *36% 37% 37% 373/4 V: 16% /' 21% 21% 20% 21 38 38 38 38% .20% : 37% 112 ' •125 105% •105% 103% . • 1033/4 26% 10% Jan 18% 10% Jan 22 Dec Oct Jan 24 1 Nov 18% Jan '38 38 / ♦26% 30 *26% 30 *26% 7% 6% 7% 7% •68 69 69 70 6% 68 69 , 119% 10 ' Aug 30 71/4 30% 5 81 »79 81 3% 48% *46 3/4 9% *8% 9% • • • ♦79 •- *79 81 9% 3% 3% "473/4 47% 48 9 48 9 *81/2 9 " ' *113% 114 ' 112 101 / 10,400 40 , % %. ' • "4,400 21% 21% , 126% 127 %>//// 107 Ve *106 10 25% Jun 26 13% Dec 7% 14 Deo Jan 13% Dec Jan 48% Jan 62 6% Jan 10% 36% 3 Jan 7% Jan 87, 88 87 84% 84% *84'/2 13% 13% 13% 13% 131/4 13% 35% 353/4 34% 34% 34% 35. 35 . ... . , 47 45% 46% 45% 46% 46% 47% 22% 22% 22% 23 22% 14 14% 13 y4 14 y 133/4 22% 108 •106 *123/4 9% 9% 10% *14% / 14 106 »/4 ■ r 20% 65% Nov 8% Apr 106% r-% Dec 64% Dec 10 % Aug 15% Mar 13 July Jan 23% 14% 121/4 121/4 12% 9% 18 18% *103 9% Dec 31 Jan 61% Jun 16% Jan 25 ♦103 18% ; 18% *103 400 ;; /; 4% Union ,500 r * '/vv:Z/.;/ 25,200 17% ' 16% ■::/ /■ ://vZ>': 114 105 14% 15V4 15 noy4 13% *189 194% *32% *91- 40% 7% *26% 18% 111 111% 194 y2 *109 194% *188 32% 33% *91 94 *7% 8 26% 26% 18% 19%- 32 95 39% 40 % *188 32% *91 " 40% 7% 27: 18% 39% 32 ^ 26 18% 31%" *92 -95 40% ,?7% .'-/7% , :t*; ♦186 - ; 40% 107% Not 66 Oct Mar 23 Dec Jan 79 Dec 18% Jan 33 Dec 10% Dec 101 Sep 60 Apr 10 26 5 Jan 103 Jan 7 73/4 '•253/4 19 y4 10 *9% *71 75 *69 39 ..»v. 1Q 39 y"/ 40% / 75 9% 9% '38% 39% 12% 10 / 6% 17 Dec 45% Dec 34% Mar 102 71 58% 59 59 101 101% *101 102 *101 51 52% 50 51 49 59 59 *145% 153 *146 433/4 44 77 77 70% 144 71% • 144 For footnotes *146 y4 150 42% 42 78% 42% *76 *76 68% 70% 143% 143% see page 2975. 68% 142 71 58% 102 ;;;/18% 105 194% *186 50% *92 95 7 3/4 8% 26%- , 10 393/4 *7oy8 *70 59% 49% 51% 147%- 1-47% 42 y4 43% 78% 78 78 69% 142 ■ 102 49 8 *146% 71 78% 70 142 71% 142 8 •• ; — 10 63 493/4 • 147% 42 *76% 70% 142 s r. Dec 56 Jan 106% Dec Jan 16 42 Oct 52% Dec 14% Jan 25% Deo . Range for Previous /%// Year 1946 "■/ Lowest .; /■■• j .Highest;/ * t per share ., 267/a Oct 78% Jan 102% Dec 116 v Jan ; :: 71* «■ 20% Jan 109% "300 ; - 200 , 64% V '2,900 ' " 150 101 12,100 50 " 147% / 200 42% 6,200 78% 200 71% 142 38,900 1,800 Co._ ^ 2,100 . Jan Preferred . U S Steel Preferred Corp common 50 No par 100 27 23 9 26 25 22 25 30 Sep 26 x72 65 y8 Oct 10 142 Dec 3 Dec Nov 38% Dec 104 17y4 Apr Sep 7% Jan 56% July 16% Aug 105 V2 Aug 21% Feb 56 Jan Aug 25 Sep - -122 110 10 Aug 15 Jan 23 Dec 40 Dec : Jan 82 Dec 26% Feb 36 Dec 13 / Dec 66 7% July ... Jan 38% Jan 9% Jan 14% Jun Jan 88% Jun 10% May 17% Dec 33% Jan 82% Dec 13% Jan- 25 Nov 11*2 13% Nov Dec 26% Dec / :: 66 106% 132 Oct 6% Mar 11% Jan 107% Nov > 28 Nov / Oct 16% Apr May 29 77 Jan 115 Deo 11 77 Jan 115% Dec Sep 13% Jan 38% 20 Jan 98% Aug 22 May 22 13% Jan 29 Jan" 29 44 62 * Nov 103% 47% Apr • 50% 17 32% May 29 1093/4 July 2 2 29% Feb X205 ~"5 "*~Nov 1% 153/e July 11 18% May Deo 22% Mar ::53% Aug 26 30% Apr 120 62% Jan 31% 10 12 5 29 25 13 23 16 28 Nov 45% 29 89 1 Dec 27% 151 Aug 9 57 y4 May 24 19 2 WXMM 112% 91% Apr 23 40 May 1 23 19 28 26 26 22 '•/, ' 100% Jan 37% Jan 28 Jan 18 54% Jan 8 9% Sep 25 -./ 9V2 Oct 30 13 Nov ;_93 .; Sep 192 Oct 26 Feb 90 Sep > 37% Nov ■ 63/4 Sep 111% July 119 101 25 Sep —i——1/., 13% Jail 4 Vz% preferred -—10.; -;>■ QV2 Nqv U 8 Pipe & Foundry 20 35 Nov U S Playing Card Co— —10 59 Sep U S Plywood Corp 1 41 Feb 3%% cum pfd series A—___100 100 Sep U S Rubber Co 10 48 V* Nov 8% non-cum 1st preferred—100 144 Nov U S Smelting Ref & Min____—50 40% Oct U S Lines d 1,500 y4 No par Gypsum, #»«»• •. 7 42% Jan — Freight Co_t.__ S Oct 77 Jan 16 29 / May 11 Secur_——No pat ' 15y2 Oct 30 No pari / 101 Nov 14 preferred 1% '2,400 .1,300 —10 Inc.——2.50 Co_— ,___^J.-^-20 preferred ; —100 U S Hoffman Mach Corp———5 .4% % preferred —_—_—100 U S Industrial Chemicals No par U S Leather Co— No par Partic & conv cl A—_• —No par U 1,000 119%.///.; 39 101 : •,*.> », 26% *9% 71 >■ 50 42% i. 19 % U S 1,200 Drug & Foreign S $4.50 sl,500 423/4 39 62% 42% 723/s . r- 102 *76% 142% 26% . 39 153 30 32% ' •/ ';/: 800 95 '/■*' // 42% 26%";/ U 9,600 194%.,/. *7% -• 61 102 / : 16 »*'•■.• >.'f- *92 ■-•' 19% /;i9%. 9% ► •, 9% -39 75 59 , ',"25% 20 y8 43 70'/a • 32% 41% . Rexall '/! 19y2 ♦186 ' ►.•95 41 % 42 150 143 y2 323/4 15 United >111% 111%/ivr • 194% 323/4 32% ' 1103/4 110% 1,300 Paperboard "36,200 '//•■;. 105 105 ;,i." 15% 15 15 y4 10 9% •/// 18% 105 111:...: *101 May 9% 120% Mar 11 __—_— preferred conv United 12% / .;• 12% 12% X93/4 /' 19% *9% Dec 112% 26% Mar 14% 168% Feb _____ 105 38 ' > 107% Jun 28 — - *9% 40 : 10% Mar 125 - : 26% 19% Z Dec 68% Jan ••'■ ;/;//;.•:>• 5 -100;. Inc_———-10 United Aircraft Corp ; 1,200 103%--/ 103 106% .:-/■■ " *110 *111 Z Apr 18 115% Jan 27 111/ Oct 1 Jan 3 88 Sep 10 111 Jun 10 / 106 Feb 25 101!/2Nov 29 v 20% Nov 21 Pacific EfR Co————100 110 - Oct 10 non-cum preferred 100 102 V2 Oct 10 Tank Car L_ -No par ' 32 Sep 3 23 .; 10% 17% 105 13% 15 /, 18% Nov May 29 . 12% 9% 66% Nov 112% Oct 4% Dec 19% Jan 45 106% S per share 39 . 108 9% - 9% Dec 18% 9% Mar Highest 23% Apr 8 . , *106 Jun Jan Jan 80% May 27 Sep 24 Nov 16J/2 Nov 21 Dec 3 United Air Lines 19% Nov 21 V 22 %' /; > / 23,600 ' 22% 22 :>22%v/-./ United Biscuit Co No par >1. 33%, Feb 25 "2,000 / 39% 393/4 39%' 39% >62 Sep 20 68 % 68%\ / ■/ '/ 700 / United .Carbon Co—-——No par 68 / 69% United-Carr Fast Corp__—:_No par 23% Oct 14 100 31 29% 29% ■/,, *28 United Cigar-Whelan Stores 30c 6% Oct 9 21,700 6% /■ 7//'/:; /'/ 6% -/ $3.50 conv. preferred..——100 .80 Oct 30 100 4 81 / *77 *77 /' United Corp common —1 314 Oct 10 54,500 3% / 3% .// / /:: 3% 3% • $3 preference —.—5 44 Oct 14 : 1,400 48 >/'/ ♦47% 47% 47% ,/ United Dyewood Corp.————1 • / 400 / 8% Dec 5 9 ''' ' 83/8 8% / *8% Preferred /. 100 71 % Mar 16 10 87 •/ ■'■/// *82% 87 -• *82% United Electric Coal Cos—j—5 / 12% Nqv 21 1,600 ♦13 13% m 13% 13% United Engineering & Fdy —5 34y4Dec 3 37 / 36%. 36% i37, /** 1,300 United Fruit Co No par / 41% Oct 10 47% 47%/./, / 7,900 :■/ 46% •/ 47 United Gas Improvement Co__13% 7' ;187/8 Oct 10 5,400 23% • '/ 22% 23 y4 //, 223/4 United Merch & Mfrs lnc com_^__l 12y4Oct 30 14 ./■' 14%l//v 22,800 /'/• 133/4 143/a 5% preferred —100 104 V2 Oct 10 130 106 106 ♦106 108 4 f 17/ 16% .. 105 ♦103 22 3/4 108 12% -.12% 13 - 18% 133/4 • Nov 63 % July , ' *106 Deo 31% 13% $ per ihar4 ' • 37 46% Dec 51% Nov 30% 6iy2July 26 9 16 16 7 30 14 693/8 Jun 18 . 13% *84% 19% Deo 16% Aug 30% May 177/8 Feb 70 .Feb 20% Jun 18 % Nov 21V2 May - ♦13% 38% May \43%Nof 11% 68% Aug 21 12 Asbestos Union 1,400 > 36 36% ':/ : /-/, 36 : - Xd *85 39% Nov Apr Sin 19y« May 15 13 Jan 15 1 3% z Dec Dec Deo >137 * Apr 28 25 26 - '81 3% *47 y4 3% 3% 3% 47% , 31% Mar 29 ' • 81 25% 33fiV K Jan , 18 - 16% Jan 49 5,400 ■ ; 693/4 '- 63/4./' 7 „,V; / Mar 22 ,79 •;., Dec Dec 73% Nov /127% Mar 9% Dec Oct : 5% Aug : ' 28 — 39% *27 30 : Aug 57 11 " *69% 18% 109 Dec * Dec 33% 16% Nov 109 . —jyo P&r 2,100 *104 C 137%-:-/: 108% ;./: *103 21% /•23y8 22% ' *35% 17% 16% 16% Dec 25% 109% Aug 20" Ruber Co 5 Union Bag & Paper — No par Union Carbide & Carb —No par Un El Co of Mo pfd $4.50 ser No par / Preferred $3.70 series—J-No par Preferred $3.50 series -No par Union Oil of California —25 Union / / *99 ■ 21% : *105 36% ,36% 37%; Oct Nov Jan Feb Lowest Underwood Corp %//:./90 ;; ; ; 89 : 101 21% / 127% 126 . 103 101 102 102 21% 21% V 107'A ♦37% ♦102 21%: 21% 21% 45 106 16 36% Jan $ per share Par 2,800 ; 28 28% / 89% ~S0% / :/ 112% *99% Dec ;/- 47 34% July ' 101% Sep , Range Since January 1 / 12% ; X12% 112 112% *104 Jan 8% ; Dec U 56% 533/4 53% 54% 53% 55% 56% 27% NOV 20% Aug 22 - 41 y8 Feb '41.' 21 21 22 ■ EXCHANGE ' Shares i I per share Oct 108 / 4 9% Mat 4 18 July "11 / : 46V2Sep 10 60% Jun 5 ,/:v2l Oct . 9 »•: 32% Jun l3 / 14y« Oct 30 26y2 May 10 35 Sep 20 65 May 28 Z/13%Sep 19 18 Sep 6 NEW YORK STOCK - the Week * 56% ; 91 :V'; Sales for Dec. 6 / . $ per share Dec Nov 27 Deo 106% 16 56 Jan -. I per share . 18% Aug July 11, . — 1,800 Friday Thursday -44% 68% ." 30 14 y STOCKS /./;/■';/ LOW AND HIGH SALE PRICES Deo Dec 49% . • 390 •'../ 46 : / 12 11% 12% 12 12 11% 12% V 20,200 50 ,/ 13% ,13% 45% ; 30 i 1,900- 38% >47% *102% 104% *102% 104%', '/ 38 > 38% *47% ; 52 r 19,000 : 18% mis 18% 17% 393/4 37% *48% 109 108 Vz 18% 17% 7% 6% \ . - 1,100 :/ 15%. V ' 6 3/4 /; 7 111 ♦109 ♦15 15 *:V, 15 -/ / 111 Nov Deo 121 134% 78% May 13 112% Jun .12 137/8 Jan 29 68 Jan 29 24T/a Apr 20 112 Feb 20 26'/a Jun 14 66y4Jan 15 tTransamerica 'Corp^__i13y® Oct 10 / 21% Mayv20 Transcont'l & West Air lnc 5 18% Decj 2 / 71 Jan 9 Transue & Williams St'l -No par 14 Dec 4 33% Feb ?! 7 Tri-Continental Corp —1 5y8 Oct 10 12% Jan 29 $6 preferred No per 105 Sep 25 , .114 Z Mar 8 Truax-Traer Corp /./; No par 16 Sep 9 22% May 28 20th Cen Fox Film Corp. No par 37y«Oct 30 63% May 11 $1.50 preferred /____ No par / 46'/8Nov 21 79 May 11 $4.50 prior pfd ; No par 1027/8 Apr 23 106% Jan 10 Twin City Rapid Transit—No par 11% Oct 10 ; 24 Apr 30 5 % conv prior pfd -50 44 Oct 9. : 71% Apr 30 Twin Coach Co— 1 11'/a Nov 19 26% Jan 29 28,100 21 20% 21% 20 % 21%, - - 5,700 135/8 13% 12% 18% 18% 46 12% 12% 2,500 18% 6% 51 2,900 6ya 37 :/ 37 36 *108% 38% *48 •>' • 150 106% 106 /•;■. 5% 6>/b 18% 36% 20 17%,. 100 3,800 48 . 36 // 13 % 47 15% 46 106%. 6% 46 13% ♦45% 177/s >18% 14 6% :.f 108%/;; 38 40 v.v *102% • 2,300 2,200 17% *14%: /i ^ .,/ 46 *105% 63/8 102% V 17% ya, 48 /. i 06 3/4 7; 20 •: 21 41% ,40% : 133/4 -'14% 14% 14% x6% 7% ' *49% 20 3/4 19 v is 30 11% $ 11% 15'/; 33% ' ' — 1,400 ' 56% : ; ' 103% 17% 40% is y4 ' 6% *107% 1 40 /: 14%/;.; .14% 7% ; y t 21 18% 15 20 / :: 13% ''13% Jan ' • 18 ?<■: 103 19% . *55 17% 45% 46 33% . 41% 7; 40 7; : is y4: / 11%> • 53/4 34% y; *102 20 y8 Z 5% 700 11 y8 -11% ■/. 17% //15,/ 15% 1063/4 106% r Jan 33% 100 Thatcher Glass Mfg Co_______—5 $2.40 conv pfd No par 47 Sep 16 The Fair __i./ i.—No par 15 Sep 3 Thermoid Co common./—;..—1 10 Sep 3 $2% div conv preferred—;—50 48 Oct 30 Third Avenue Transit Corp-No par 9Va Oct 9 Thomas Steel Co (The) r-1-17 Deb 3 / Thompson (J R) —______25 ; xl4'A Oct 30 Thompson Products com -No par 38V4Oct 8 4% • preferred _i,100 102 Oct 25 Thompson-Starrett Co No par 5y8Oct 10 $3.50 cum preferred No par 32 Oct 9 Tide Water Associated Oil——10 17% Nov 13 $3.75 preferred No par 99Va NoV 26 Timken Detroit Axle_^._— ——-5 16 % Oct 10 Timken Roller Bearing >____No par . 38Oct , 9 240 a>; Texas Texas 2,100 /..; 18 57 11% 11% 18% 44 34% • 1023/4 ■19% . 11% 17 >•; 54 16% 11 y8 *55 56% *15 is 7 v 18 Z; is%'/: / 20% 110 35 3,500 *17% 17%-: . 10% • 17% • :: 44 5% 102% 7y8 .43% 38% 49% May 31 23 11% Jan 6% Nov 14% Sep 52 Feb , (Th?) Gulf Texas 4,700 6,300 - ; 53 17% 15%- *105% 6 *33% 20 % ,15 43% 16% 453/4 *52 16% -16% 17 V-v ♦55 11% ■■■; *15 y; 7V. y *101% *107 25% 16 45% ■•;/ 45'% 52 // •17%/ 17- 15% 5% ,/ 18%': 18% 187 105% 105% // ' ' 6 ♦33% 11%'Z; y/11% 4234 107 *5% 25% 25% 153/4 /16 45 /. 17 56% *55 55 *15 44% 43% ♦105 25 // : 52% ,• 10%/ Xl0s/a / ■/ 7, *52 r ;17 17% / 15%-; ♦15 ' ?/ Tennessee 2,800 - ' .52% 17- , 11% 11%/. 17% ' ii - 55 56% *55 17 10% / 11- .*10% - 17 17%. 46 *16 .16% ' - 523/4 16 ' 49% 16 •♦52 53%' ' *16% 52% 25% X45 Sulphur r____Np par Pacific Coal & Oil—10 Pacific Land Trust 1 51% -52% 15% -16% V: Texas •■/ 24% 15%/ 50 Gulf HVs 51% 14% Texas 593/4 11% 51% 49 Tejcas Co 593/a ;•//' 24% •24% 7>-: 1,900 11% ' 16% 16% *52 • , 67/s v 59% 11% „9 ;«v--~5 (James) Telautograph Corp Talcott lnc 16% «7/a /■ 17 • 58 3A 11% 51% 7 51% 59% Aug 13 20 21 / 11 h i 1,200 1,600 8,90Q 3,000 59% 11 51% * -17% X58 59% 11 11'A 51% 7 // 6% 11: •/: 10% 58% . 7 . 17 16% 51% 11% 51% 7 //. ... 13% 13 12% 12% 13% " ;•:• 6% 6% ; 13 ;/ i3: ••/• • Jan ://^T.:V" ./;, ♦123/4 13% *13 Jan 78% , 22 / ,//?•; 1,200.»■. 43% :r/; %'■ 400, :, 17% *15%, 17% '•": 200 32%-; !// 32% 32% /; »; 5,900 • 21% *42 42 16% • # per share Jan 67 % 6 / 22 " 42 / 27% 33 %;:; 28 y4 21 / 17 *16 112% 112% 112 16% 7 7% // 8 v>V 43 y4 ': *101 103%; 8 112 21% *41% 21 S,28. 22%.. 21% ♦101% -213/a ,•; 114, 2% 5 Standard Oil of New.Jersey—^.25 • 11% X20% 33. 28% ♦28% 11% 21% 16% 33% 33% 11% :'y ' 42 433/4 43% ;. n%; 21 21 44 8% 11%;;, v: *112 4 21% 44 53 60% May 28 149 V2 Apr y'.ll?-/ 120 * 73/4 7 3/4 21 %l:s 7Z;;11% 22%./ 21% ♦112 5 44 y4 43% 44% / 11% 44% 69 *67% *118% 120 7% 8%. 7% 8% 107% *107 67% ,67% 120 > 70 121 ■: 107 y2 *107 107% ♦107 , 119% ♦68 '• Highest 135% Apr par •■ '. 70 Oct 10 1—.-No par 78 Oct, 10: Standard Oil of Califs—-No par 42 VB Feb 26';, Standard. Oil of Indiana. ___25>/.37 „.Feb 26 $6 prior preferred. 1 $7 prior preferred • 21% . '39 . 213/4 20% 21% . - 19 *15 ' $ per share '20% Oct 10 '' ' ■/ tper share 44 53% Jun 14 *38%. • 40 / 26% Aug 26 ♦ 18% 19% 'V *18% 19% ;■ 63 May 10 ';:'V:45% i 46% 46 •■••'■ 47 109% Aug 15 *100% 104% v *101 104% ' 26% May 31 14%'' 15 -'•• 14% 15% •'• /"'//.»//• '/ '-'••/.• ■ V; V'';-, 39% May 13 21 21% 21 21% 7,800Stokley-Van Camp Inc,/..^..; 1 /20% Dec 4 .23; Feb 13 *21 21% *21 21%.' 300 . . 5% prior preferred 21 Jan. 8; 233/4 Apr 17 15 153/a 15 15% 5,500 Stone & Webster No par 14% Oct 10 38% July 1 19% 20'A 193/4 20% 23,100 Studebaker Corp. (The) 1 . 18% Oct 30 24% May 28 13 y8 I33A 13 y8 133/4 4,800 Sun Chemical Corp ^ __„_1-WT 12% Nov 22 110 May 17 ♦107 107% " *107 107% — $4.50 series A preferred No par 103% Sep 17 78% Jun 10 67% 67% :•■;/•;, 67% • 67y2 1,100 r.Sun Oil'Co__ a-j No par : 61% Sep 26 124% Aug 13* ♦118% 120 / *118120 ': ///' . 30 Class A pfd (4%%> Cura)__J-106 Apr:i8*. /: 14 May 28 7% 8 /;/ 7% 8%' ;/y. 26,800 Sunray Oil Corp /l.'„.:i 7% Oct 10 , •56% Aug 12 •/ 43 433/4 ' 43 43 •: /// 2,200 Sunshine Biscuits Inc___.___12.50 42y4 Sep 10 24 Apr 18 11 y8 vliy4 • 10%/ 11% :;:•// 10,700 /. Sunshine Mining Co_____„^^/_10c 103/a Oct 10 -35% May 29 21 •/. 21% /V. 20% 20% 5,500 - Superheater Co (They-*——No par Z'Z 17% Oct 10 160 May 24 112 112 /. 112 112 ' 600" , Superior Oil of Calif:_wi„/.y„25/' 102 Oct 10 Nov 29 .22 1043/8 - ♦101% 22 22 ♦21 ' ' Lowest $ per share 61% Nov ;22 Standard Oil of Ohio_^_—^-.1-10' 20% Mar 6 3%% preferred series A ;_100 ■ l02y2 Nov 29 / 7,600: Standard Steel Spring ..J 11./; Oct 10: 1,000;" ; 4% cbnv preferred 4. 37% Nov. 21 / 300'" Starrett Co-(The) L S No par vr 37 Sep 12 700*' Sterchi Bros: Stores Inc._/_—_1 /! 16y8 Oct9 4,800 Sterling Drug Lnc commoh__/-i.^._5 ///41%'Jan. 3 ;-; /3% preferred _j,.i_^^_/W__.100 V 102% Oct 10 2,900 Stewart-Warner Corp 5 13y# Oct/lOi. ; ' 43 ' *38% 47 46% 15% 22% 22% 38 V . , 35,500 12% ij';•*•" 12% 1 *42 ; 12% - 43 7 * 104% •15% 12% 13 44 19 : 46 % 104% 16% 16 ' 103 *100 . ; 23% 23y4 23% 103 38 ■, • 104%. *100; .19% 19% 19 ■ 39'.; 19% 37% 40 ♦38 40 66% 12% 45*% *39% 19% 40% 65% 43 12% 41 40 '23% ♦100 v 543/4 54% - 66 •' 65 97y8 '96 • Lowest / ?ar standard G & E Co $4 pref—.No pat Shares Year 1945 Range Since January 1 Highest NEW YORK STOCK ... EXCHANGE . ///V >, • • 90% 91 1,700 97'A 99% * 3,700 • 54% 543/4/ -: 10,600'. 40 403/a ' 9,700 >.■ 65% 66 :. 15,600; '/ 23% : 23% ! 5,200; *100 103 ' v' , 7 90 88 40% 39% r :r- 30y4" 29 y2 29% ♦87% .* Sales for the Week • $ per share 293/4 31 y2 $ 'per share 28% ♦87 29% Friday Dec. 6 ^ " $ per Range for Previous STOCKS . Dec. 5 . Monday, December 9, 1946 CHRONICLE & FINANCIAL THE COMMERCIAL 253/s Aug 21 / 6% Mar 30% MaT'- 7% Jan. • •' 55% Dec ,i | 12% Dec U 39 • Dec i 16% Dec tJ ^^ j"/'llVa July 23 H 343A Nov f ii Ij 60% May 31 35 Jan 67 Dec 24" 67% May 5 46 Jan 67 Nov /: 48% Dec 73% Oct 84 106 80 187 Apr Oct 27% Jun 25 Apr 22 Feb 6 51% Jan 144% Jan 84% Feb 6 52 /Jan Feb 11 72 Jan 97 3/a Feb 6 58% Jan Feb 16 135% 89 166 Jan 176 89 85% 160 j; Oct 1' 77% Deo fj Oct , Dec 5/ NOV /"■ man vmrnrnxmrngm#. Volume THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 164 NEW YORK STOCK RECORD AND LOW >>' t s v>. . TO*". Saturday >;;> Dec. 2 1 ■ "li,' r 21%< -21% • 22%,;.,. 47 »•;, 47 >■?; *47 > :-*5% 5%: 5%~>. 8 *»' * 8 - V|;, 8 *18 *96 - ?.< 8 *41%.' 45 * v> *96 18% r 8% 8V4 8 Va *190 196 27 196 82 18% 25% 19% ■ • 18 '< > 18 V. - 36 . :A ' 17% '. 187/a 19'/«•»: - 19 '*<•85$ Va 34 19% * *33 % *85 93 97 ■'; *85 43 Va 43% *66 V: 67 119 *118% 90 44 44 39% 39% •130 ;?• 65% 43 ' * 34% v -18 %V- 36' -• J '19Va 33 33 -93 - 140 *130 267a 2674? 79% *83 ' 787/a > 4% lnc__. Tob Universal 530 - 4%% 50% 28 4 Jan 8% Deo 10 4% Jan 16% Dec 24 98% Jan 121 % Deo ' • Sep 10 Dec Nov - _ 128 3 Sep 8 Nov 77% Dec Jan • 8ep Deo i 11% July 22 64 2 July 25 27% Feb > 4 22 22 21 497a Jan 3 101 Apr 39 Feb HI 16 Jan 25 5% Jan 9 75% Jan 110 Mar 200 ' 178 10 .! t; Deo — 7 Apr 16 110% Jan lo 200% Apr 23 May 14 25 100 46 17 93/4 Jan 91 preferred jf. | Nov 55 Va Jun 187a Dec 1 32 20% Apr 187 Inc 23% Aug 9 No par Co Highest $ per share 14 30 100 Pictures 293/4 Jan 10 7 , , 8%. preferred 22 $ per share -Nov 41 1 Leaf $ per share 100% Nov 22 2 conv Year 1945 Lowest 4% Sep 7% Oct V* No par Steel Corp Universale Laboratories Inc 14,400 47 ._t 1 2d pfd_5 50 10 ' 203/a Nov 25 j Cofp iB4.20 non-c 4 cum Universal ■ $ per share par Universal-Cyclops 270 80 93" 95 44 ,7 *65% • 41% *40 V 39% -'33% 1 f Deo Deo , Nov j 48% 23% Aug • Deo : 9 *130 140 160 *145 , 337# 35 K.-: ; 6% 600' ■ *130 1,100 partic 22% Dec Jan 60% Nov 17 13% Apr 24% 160 Vulcan 19 113 May 28 86% Mar 104 15 115 Feb 15 90% Jan 103 12 53 May 28 1087a Aug 23 24% Jan "3% Mar 5 100 100 Dec 2 V 5% Dec 5 127/a Jan 29 «j.__100 h 63% Sep 20 100 II73/4 Dec 5 997/a July 10 123% Apr 10 ■ pfd___100 class 80 Jan 21 25- 40 Dec 4 25 37 Sep 24 A 5 Deo 51% Apr 30 83% Oct No par ; prefered pref__: (The) ~ Oct- 30 * 91.% Nov 36 % Sep — Coal &,Coke 5% Visking Corp 140 *145 div Works Virginian Ry Co 6% preferred 1,200 35% 140 Mar 32 100 Chemical Va E1.& Pow $5 Jan 13 24 100 preferred cum Va Iron ?; c Pac Ry preferred Chemical 3Va% Va-Carolina V..; V %f 160 , *145 ,v Victor 30 & non-cum 21% 253/4 Apr 30 58% Apr 26 Va Jun 23 15% Sep 19 Shreve 8 Oct 30 Nov 35 30 5% 400 88 39 •'15% Co,6% Co___._r_»__,__2.50' Chemical Vicks r'4o r .7 41 ' 39 17% NOV, 22 __2.50 . 3,100 ' ** >85 k *40 ~ No par v_i.J__:^10 Inc Vertientes-Camaguey Sugar 700 ') ;/ 68% - of Afn___ Co—; Co Vick 7— ' 6. *67 Va 41 % /'> '?/;■ 3374 / 7-;.? *1173/4 118 1? 88 39 33% *130 , 7 . 9,800", i ; 1,200^ 101% .; •: 53/4 68%*: *85 Norman Raalte 500 " 44% 1013/a ?117% .117%.?; 88 " 44% r. 6 Van Van . i 100 *90. 102% * 53/a | 2,200' i , 33|4 ,. *85* ~" >:? 44 *100 "6 33% Vanadium Corp 1,500, i >19%?,. 19 7 ...• *88 > , *35% ; 36 Va 34 *85 *. 18 %> ?. 1714; / . 7X17% 19 Va" 34 40. 160 18%rc>; b 18% - 39% 140. *145 19 ' . 1 34% 160 ■ 2,200c . 27(;"' -1774- -17%:— 35% 35% w 102Va 574 41.74 *130 - - 19 •loo ■: . *145 140 > *145 > 160 - 3974 X34 34% ' 100' 3,800 $6 conv H»eferred United Wall Paper f •; . preferred Sto*""« " • 196 18% - :7?V.a./66%" -'67C-*117 V4 118 Va 88 41% *39 43 'V; -'hi;i:43:v::;,". 43% • *83- 39%; : 8% - .*> Stockyards United * ' 8 VB i-. *188 77% //",:'*88?7'92.7' 66 119 118% 88 • 196 78 Va > 7 % '■ non-cum United f Range Since January 1 Lowest Highest ' __„^__Nopar 1,200 v? ?:> """ 98 ..2674 *85 , 57/a ?S 574 66 ' - 119 •39 35 *34% 65% :,-*83V *83 1 ' ' '"""*'97 26% ' 8% Co_ 4,600 46.; V ?'v. 1;: 200 '--*i9"'.;v,i9% * | 300 "98 * """98 *188 18 93 ; 96 :• 43 743/;: 1017a 101% 100 >/• *118% ' i - v 8Va 36 . 19% *85 « "5% £■; 57a 6%,''' 18% "*85 - 43 Va 100 *100 > 102% '•'? 6 V' %> ' >-%'>c v-;V 33 96 *42% < 93 *85 8 . *42 >' "' 17% ». 1874"• 35 V4 19% 34%' ' - "•"."T 77a 48 '>-i9'-;n9 -7; * 196 78 - i77/a 35% 100 Tobacco i , ! , 18% , 35% 18 v. 35 Va 36 : d 18 i8%.: 18% "lOOVa *42. : 8% 97. 26 C."-; ' < v *188 79 - ior~~" S " i, 8%.v 8 V 1974- : ■>, 96 Va 26 77% ' ' 81 80 *99 U 130 5% Range for Previous STOCK .•/ 4,400 48 ' 578? * 19%' 7,8 C *45 Va . YORK EXCHANGE Shares :" ? I 21 Va "v"'.r,87e ' ■ >8% 196 • • f - 774" 45- 45 95 35%'.127 ,7* 27% 81% * 48 ft' 5% 57a"1 trw. 8%- 8V4* 101 ' 7%. ; *45 Va , 5%"' 21 Va .- 21% a NEW the Week $ per share share -217a %'• 8 %. . 94 " 47 47, 5Va. •*96 103. . : ■ ' 97 198 r. A \ ' ' *95 .-a 21 21 %* f. >•? -'-7% 7°A> : >' *43, : 45. *18%' 19% > 8 43% V" 18% 48 Dec. 6 ' V> 5,% • 5% 8...': -8 • ; 96 *193 *47,. . . 102 > 7% V, , 5% $ per Sales for / Friday Dec. 5 $ per share $ per share y .8 43% •: 20 •' f*93% 48 v STOCKS Thursday Dec. 4 V7>:;2i%-./i2i% 22 7% "• * *96:' 102 > , PRICES Wednesday'. Dec. 3 ,; $ pelr share *.)' > $ per share : SALE Tuesday Monday v. Nov. 30 - HIGH 105 Apr 59% 32% Nov 21 52 Apr Dec 45 y4 1% Deo Deo Jan 81 Deo 118 Sep 124 Nov 57 Jan 9 83 Deo 45% Jan 65 Nov 36% 53 - July 3 45% Jan 30 , Deo Jan 43% Nov Co 29 130 10 170 Mar 29 120 Mar 165 Sep 19 Deo 178 May 11 145 Mar 173 Deo 56 100 Oct 171 Detinning Preferred / w *60 68 *18% 18% *34% 35%:: *105 ■: ; 10% 104 26 f l77/a'- 17 87 36 ' 30% 112%;';:.: *115 116 78 111 38% & *110 9 *;;•> ' v 76 > *723/4 12 : 74% 19% 19% 13 237a 223/4 22% 23% 35 > 35 ye 29% |l ♦45 29 Va" *29 29% 99 Va 99 V4 99% : :> 29% .V'. 30 99 29 Va 69 *60 *35% 47 *60 . 69 , 69 *102 X39 40 V* 39 94 V4 X93% 96% *94 317a 313/a ♦31% 'V/92:'a::; 9* > 9% 6 »*16 • > 16% >V *145..': 41 - 13 V4 9674 v 16 / > 15% V 161 *39% 47% 'P V 55% 40%" ' *83% 45 55% >'• /: 40 13 ; 15%. 9% / : 9% 47 , 87 ♦837B - • 98 *94 84 ■ i 84 6974 v 13% • 4Cf% 45 t 14 15% 153/4 44% 467a V « *30 87 53% , 98- > ; *837a 5574 *79 , " 69% 69 14 *13% 133/4 — 69 • »4 - f 14 147a Nov. 30 Tuesday g-c-Dec, 2 / ... Motor Deo. 4 . - 93A 13% 96% 153/4 500 19,900 -6 153/4 300 2,400 - r •i per 40% " 41 15 18% 18% 39 ;V' 14%. > $ per share share V y j; 63% 64 '>>,■ W >> 16 % ? V/f-''vv 40% 14% * 14%. /: l7Va ... ; 62% •61%; 15% •: :>>> 18 ■■•':; S per share ■ 69%- - - > 1,200 A 9,200 •1,600 100 ;,.>yt'-..>20 >> 600 69 >: «87e: >14%- 14% >*14% 1,600 39 * , >14% 17%: *60%- 40 14% 18% *39% >'14% - 18% • 61% * --61% V 'iDeCiO/ f38% 39% 15.'.;. ?,;ti4% 19 - >>> 18% 65 Friday ; 41 -14% 18% e- J per share -■•.. 39% —20 , 5 Motors t . ,*9<% v'vi©% ti „1 —No par N A-:" 19% 20%. ,'b' ' 118% Oct 101 Jan 112 Dec 113% Sep 118% Deo 14% i47/8 4is % ;; is % '*15% -16%>v 15% , 15% Deo Deo Jan 61 Deo Jan 14 Va Jun 13% Feb 37% Jun Jan 57 Va July 64% Jan 92 43 Va Aug 56 26% Jan 35 Oct 27% July 31% Aug 38% Deo 30 Va 17 Jan 29 72 373A May 30% July 27% Feb Jan 11 Jan 100 16 64 Jan Jan Jun Oct 37% May 50% May 45% 43 Deo Deo 105% Deo 78 Feb 107% Jan 47% Dec 103 . 2d 1 -T—r 20 V ' > 4 9% 9%. j'tL this t Aay. 19% 20% .9.%. >9% fin reeetvorablp. ,—> ,1 —: 19% ?19%1 '/ 19% 20%" *»Vr>: 9%>??9%..>'«% .. 31% r * Deferred'dcSlwnr > « How 6,500. 900 D6c Deo Deo 94 Jan . Jun Ouxpm. Oct Deo 16% Mar 26% Jun 10% Jan 19% Nov '13% Jan 128 Jan vft I > 22% 40% Jan Jan 22 138% 37 53% Deo Deo 38 Jan 70 Nov 79 Jan 100 Nov '80 ; ; ; Deo Nov Jan Jan 110 Nov .69% Mar 84 1 100% Nov 75 Oct • ' , Range for Previous Vtftf >C6 nBpebial ooleo. i! 35 Nov 22 January 1 Highest 10 — Corpi-— ti 12 6% Mar •*: Zenith Ttafito ftorp-L- ; 47% 18 30 ^ >. , r per-share).. lJZonite. Products 'j 83% Jan i . York Corp; i 1 1 2,900 f. Young-.-Spring & Wire "—No'par 10,400 ; .Youngstown Sheet Thxbe'—No.par 4,500 t„ .Youngstown Steel Door i.No par \ t Oct Jan 83A 29 12% Sep 19 95% Sep 24 Jan 26% Jan May 21 12% Jan 87% 21% May 28 44* Jan 28 237e July 10 ; 105 July' 11 36 Jan 31% 44 , Oct 101 % Aug 62% May 29 107% July 26 EXCHANGE.;: 1,300 ;- Ya!e It/Towne Deo 3% 4% 106 22 NEW YORK STOCK 5,600 / 40 115 Deo 32 3A 45% Jun 27 ? STOCKS Jan 3 17 „ > 113% Nov 223/4 Mar 106 - - , Nov Jan 107 Va Jan 31 Aug 20 9 ■ 37 Jan 13% Nov 25 " ;' 61% 57% Sep 24. 15 Nov 26 July 1 27% Jan 31 - 15% Oct 30 * .. . 35% Jan 17 -63% May 31: '. 31 Jan 29 Year 1945 Lowest. J per share \ 32% Jafi 13% Highest $ per-share Deo Jan Oct 19% Jan 39% Jan 20 M4r 81% Deo 70% Deo 27% Sep 34% July 5 % Jan 44% Deo 12% Deo ■by ft m> ooler on > ; 23% Mar 1093A 39% Jan 30 Nov 19 53A Oct 10 .2«_1 > —No'par i.—1_ Nov 89% Nov 16 45 30 „ 38% Apr 100% 63% Jun 18 11% Nov 21 ; / Deo Jan 41s/s Jun 81 Va Sep 11 „ 16% 32% Jan 14 213ANov,22v • Dee May 6 26% Jan 16 21 July 10 July 26 101 > Wiison-Jonfes Co——sJ—„?10 r ' 15 Va Oct 29 ~"213A Feb 7 > Wisconsin El Pow Ca .6%. pfd_JL0O. i 142 Mar 5 ,160 , • Jun 14 7 Woodward Iron Co—— ^_10 r>34 ••' Feb 26 : 52 May 31 'v Woolworth (F W) CO— 10? ,43% Sep. 10. > 62% May 29 J Worthingtoh p & M {Del)—Nopar i 47 Aug 13 Sep 19 74 Prior pfd 4Va% series—J 100 : >84% Sep 30 : 100 Apr 25 -Prior pfd 4%% conv series *100 - • 87% Sep 27 • 103 May 10 Feb .4 Wright. Aeronautical No.par : 80% Sep ..5 106 v Wrlgley (Wm) Jr (Del) 1 ^-No'par ,>';-5«% Oct 7 82% Apr Wyandotte Worsted CO Jun 6 —5 >,13% Dec 2 253/8 preferred '^'.V , 1 »" Deo ~47%" 56% Jun 14 101 Apr 24 533/a Jan 14 10 > 343ANov 22 39 ? May 7 29% Nov 21 98 Nov 27 Oct Jan 13 Va Jan 11% Oct 28 26% Oct 10 ? *, 21 Va Nov 25 No par ; — ?v('r; 203/4.. V 20% V. Oct 63 1 Deo 33% 32% Jan 18Va Oct 30 100 -i.1 32 ? 1 116% Apr 11 35 Jan1 0 }Shares 39% p;±} »• - preferred.,— preferred $4.25 Sales for a JB3%.: 65% 16. 27 19 Sep 12 Sep 24 71 Apr 30 90VzMayl4 5% Sep 14 100 *.s. Wilsen'& Co Inc the Week - ; 'j per'Share -' S per share . Mar 84% . -41 >46% >47% 55 543A :x * Co___ f>; Wilcox Oil Co— -V[ Willys-Overland "•10,900 : 160 / *145 65?'.:: Thursday , 2 100 Sewing Mach Corp - Wednesday Dec. 3 v —No par White LOW AND HIGH SALE PRICES Monday Saturday / -—No par White Prior 96% '» 40% 47- 45% ft68 12 Va 12% preferred $4. conv 1 ' *68 400 - 85 57-5* Jan 100 12.50 5,500 87 *83% ..-•87.-4*837/a k 95 •?: >. w*94m.v- 100 95. 85 85 *79% *79% V -At*95;. 100.- Corp i 2,900 6% • 13 165 ; *54... •• >r. 87 2 No, par > 36 Va Nov 22 $5 conv prior pref a No par > 90 Va Nov 23 White Dental Mfg (The S S)__—20 27 V* Feb 26 32 *6 > 40% -40% > Electric Nov 9 117% Aug 7 1193A May 16 53% Jun 10 16 7% Dec v :_100 Deo 2~1% 24 ■ *145 40% >; 24% >14 V? : ".-.V ^-9%: /; 97..:,15% ; 15% 157 A Westvaco Chlorine Prod $3.75 111%, Sep ; Pacific RR Co com-No par Westinghouse Preferred 90 .13%. *96 >• >40% . 82 82 r 13 V* i.Uxfb *83% *93 - ■, : 54% 523/4 A-.::: *6874' >: 70 44%- v. a 97% *82 70 40%" 6,800 > ■bV 270 0*84:-[> 93/4. : 127a 9674 . Ry 45 323A Nov 22 _10 Wheeling & Lake Erie Ry 5%% conv preferred Wheeling Steel Corp : 190 ., 323/4 *X24% ? *30 >32-;?' :>t,;6.> >■6 6V4 10 : 8 30% 163/4 Apr 20 43 Vs July 11 89 Vs Aug 8 119 Aug 122% Feb • 25 - 31% > 95 X9§ *31S/4 , . 133A *145 : 243/4 32 % ' 12% . 15% ~ 96% . • < , • , > 300 vp:; 38% 38% 14% 14%" >♦83-:.: -90- « 90 '"6% ■" .963/4 *145 *1 165 Va 5374 ; 54' 87 *82% *95 •30 6% 39 Va 96 » . 69 101% 102 103% 1,400 99%; 0ct *' 13 il33/4 10 Sep 5 47% Jan 31 19 Sep Western Union Teleg class A_No par Class B No par Westinghouse Air Brake No par , 1,290 20 106 1 50 29 Va Jan -.U 2nd preferred. Preferred series , ' 29 No par ■? >: 100 g Weston Elec Instrument 31% 99% ' 46% ■>' * 14% •83 93/4 123/4 *96 165 *145 >' .v. - 31 \;i :*6"^ 9% 13 Va *94 Va 13% 96% ■ 9% S% lo 13% *30 ■■■* ■a:6:;v;a 90 *102 25 133/4 33 *30 y. 6% 103% 2474 *83 90 *83 33 > ? ; 13 Vt 12% ' 13% 90 '7*94V« - 23% 25>.."' *30? 31% 24 % 31% ; 56,500 '; 45% *m . > Western 60O 7,400 241% - Maryland non-cum Deo 50 343/4 Feb Sep 20 ' 9% Sep 100 4% Deo 105% Apr 83A 35% Mar 14 Sep 10 Sep 25 Western . '35% . 31 99% 40% > > *6" 31 pfd__^_100 Co 16% Oct 29% v 4 100 4%% Pap Oct 91% 233/4 Aug 29 >31% Sep 19 £ 85% Sep 30 100 100 II,200 * 35% Pulp & 183/4 July 19 1077/a Feb 20 . 10 115 preferred ___j Western Air Lines Inc_i Western Auto Supply Co 2,300 £ Va Dec 10 108 ? 14% 143A Aug 24% Jan ^..100 preferred Sep Jan ~i% 14 Sep 20% Oct \ 110% 7 20% Jun 303/8 Jun 1 A__No par ">' 4Va% 6,700 v 29% 23%v • 35% •45 Corp class West >i3>; *11 22 99% 6%* 74% . Sugar Aug 16 20 !i 105 : 297a Oct 24 Jan 5 preferred Mar 26 25% Dec 5 No par Apr 18% Jan 24 5 No par 111 • 9% Oct 30 xil7/sMarl5 : r West Penn Power 1,700 1,500 35% 29s/a >':• 6% 35% 28 Va ■7 - /; 29% 35*A .,, 16% 75 *11 Va 30 10 9% 12 23 Va Nov 25 : No par Tobacco Indies 7% 6% i.v 900 *15% 20% 19% > 113 ■-9% . 103% 13% Deo West Penn Electric 40 ? 37 113 9% West 80 a 115% "36% r", 273A 48 '■ 111% 115% 115 >. > ,>120 ;v;:«4 >: 64 V 1 Webster 11,100 ; ■ 17% 29 Va 35 Va 31 118 34% 33% tb 19s/a 19 Va 6% • ■> *16 ' ; ♦110 v, *■ 38 9% > >-9%> 6% 34 *11 Va 114% 37% »' 112% *111 66 Va 643/4 67a*' : ;:, ""17- *73% /a" 115 9 - 62% "34 - 114% 7 38 V4 30% *111 111% 39 25 Deo 42 5 ?:;, Co Wesson Oil & Snowdrift™ 400 ?>: $4 conv preferred M116 *110% 111 *102 *83 Nov 20 Jan Corp Lt 2,100 117 40% 4 ' 78 Jan 30% Waukesha 2,500 30% :':'>*115-a>',., 115% : 115 A *15 12 22% 7 32 900 I 87 > *116 103% ; Petroleum Washington^ Gas 36% . 112% : 31% 39 94 Sep 13% 29 Wayne Pump 112% 1123/s 6% 19% *45' a 69 *31% Warren i 400 10- 36% ♦102 - I,000 400 29% 117 38% 8 75 28% 99 *60 64 14 Motor. Co Wayne Knitting Mills " 31 98% 30% 117 61 % 33% *10% 48% • *25 Vs ' 26 500 *86% 1123/a HO *110 ; / 87 30s/a 115% 1674 10% 367a", 117 *114% 67a 19 35% 48% >*29 > 600 25% 9% 10 *86% ;:'*37:". 9 ;. 75, V 23% Va *35% ' '*25%- 26%: 20% 20% 20 V* 21 54 5%% preferred 100 10O Sep 24 Warner Bros Pictures::?_-":_?"'?5 >'16% Oct 30 g Warren Fdy & Pipe, No par 22 Nov 15 20,700 34 , 33% 1127a 110 63 33% 19% 12% 30 % ? 20% > 17% 24 % 25% *25% 36% . 87 30 115 7% *15 : • 29% 120 ~17% *23 Vs. 25% • 105 17% 25% 35 11% *104 Feb 23% Jun 3 . .17% v 86 10 33 Va Dec 105 Apr 40 ' 4% preferred : ^_100 23,300 Walker (Hiram) G & W new No par ra 7,200 f. Walworth Co,.» No par ,*11,900-1' Ward-Baking Co common,^ 1 25% 24%' ; > 25% •'. 21 26 *34 36% 116 3/4 38 *6% 6% .' .6% ? 17% 35 34 ;>■ *11 21 •25 V" 10% *111% 115% 63 *15 19% 25% 343/4 86% ; 110% *110 V/ 10% 64 *75 26 V* 26 10 116 37% .il4'.':*f^? 9% 63 25 Va 21 17% *23% : 24 25 Va .. • 18% 23 V* 36 . 30 Va 111% *114 ; 39 *110 21 104% 104%- 105 XlT%- ' 26% 34% 86% 110% 115% *37% ; 26 *24% - *104 - 26 V 36 , 111 116 111% *114 : 18% 24% *253/4 10% , 29% a : *110% 105 17% 2374 21 86% : • *111% 30% 105 f 35% 10% 36 Va *86 , 16%- 23% , 11 re 15% Oct v 10% 36% 23 167a 25 25 •34% 35% 10% >> 16% 105 • 11 2674 21 V;., 26 . nya- 26 Va *26 21 'y *. 103/4 18% 'T, 26% :■ 26% *34% ' 11 24 26Va 26 'V: 10% 105 *20% ■> 24^ 247a* 233/4 *25% > 24% 2,500 Sep par No par 1,200' ? Waldorf System : Walgreen Co_: 34% v 105 23% ' V; ■ ,105 18% "i : -17% 25 Vs *24% 24 163/a 104 ."18% ' 206 105 106 .>? —Wabash RR 4%%. preferred-^.JLOO 10%' Ji 16 *60-/? 66% 173/4 ■ I?3/? > 34 ' 34%: ;V 343/4 33 Va *105 24 10% 16% 16% ; 106 23% 24 >'68...?? 17% flVVfb 34% 337a *105 106 »24>; 18% 18% ,/ >; •60 68 *60 'v -No par bet 23 -Sep 23 19% ^ 9 When dlotrihutwL 42% Jan 15 14% Apr 18 X-Sx-dlvidezMls. • y Ex-rigM* :• 1 j >»*, : Monday, December 9, 194Cf FINANCIAL CHRONICLE THE COMMERCIAL & 2976 ■rf> Transactions at the New York Stock Exchange Transactions at the New York Curb Daily, Weekly and Yearly ti|xxx Daily; Weekly and Yearly exw.< . r > Saturday-.? Monday___. ___. Tuesday!— i „ Wednesday , Thursday!!: U Frlday_____ •' T6tal_J_i--_ ~ • - - :. ' ■ . .ill Government* Bond, Foreign ?J-,' Bonds "r^ BoQds Salei and Miscel. Bonds ■■ x ■ .. (Par Value) r < ttXJ hsZA'X! X $68,000 124,540 .$12,000 147,600 X 306,230 182,000 " 389,275 126,000 •Thursday Friday. • p. 272,660 149,000 319,670 172,000 l,p72,02Q $844,000 $24,417^050. 259,645 . TotaL - * Foreign . "^Corporate V. Z1 total Government Wednesday 3L2,70(^7^ 4,685,7p0 $73,650 foreign *"' ;j;i v. Tuesdayl— j .v 5,157,000 17,950 4,864,950 • ■ Domestic Shares) Monday—.l_.^ 12,000 , xC ' SU Week Ended Dec. 6,1946 Saturday -6,0'0O-\ ,,3,868>00O ; 26,ooo : 3,751,600 ' , 1,000 114,000 ' $80,000 -X < l: 2,000 • r 783,000. X 13,000 $3,000 $178,000 ,< 132,006; — 32,000 , 148,000. :" 297,000 $1,000 6,000 : -'••- • " 185,000; $1,025,000 .. . r Jan. 1 to Dec. 6 Week Ended Dec. 6 1946,' Bonds v ' $148,300 2.477,800 36,769,900 $73,650 Government—! Foreign— 2,140,600 — 22,202,800 Railroad & Industrial Week Ended Dec. 6 ,1946 Stocks—No. of shares j}.'': 1/'$7,512,050 $18,875,150 " V 75,748,000 1,164,325,500 t : X- Total— Jan. 1 to Dec. 6 : 6,723,150 • 1945 129,429,434 f--:. a ' ■ * r, 132,093,219 '• y '■ ' <- $2,888,000 $64,025,000 $126,234,000 739,000 , 10,967,000 33,150,000 178,000 Foreign corporate .$2,159,950,410 ./: $844,000 Foreign government- 2,053,164,400 - 1946 1945 j 1,672,020 Xfr'Bonds Domestic, 99,273,960 - ! $39,396,000 $1,258,948,650 $24,417,0507 j 339,134,830 /.X 355,745,464 12,332,620 4 1945,''-: .i1946 /■'; 1945' . 5,728,090 Stocks—No. of shares. U. 8. f ; , 3f * / $2,140,600 $22,202,800 5,728,090 i-1 *: Bonds (Number $2,089,000 $1^53,800 ' v .':$236,000 X 468,990 7 596,00Q 811,640 X 3.267,000 3,346,000 ;■';.,(> 385,600 954,920 4,825,000 " /X320.000 1,437,310 4,542,000 r';vi 305,000 1,000,180 4,375,000 i, 298,000 1,055,050 ■■ ?:•' Stocks Total United States , ' Number of Shares ... Week Ended. Dec. 6, 1946 \ . Railroad Stocks, vV.'ji Exchange 14,000 3,000 $1,025,000 X ■! $3,641,000 479,000 1,045,000 * $160,429,000 $75,471,000 t1 '* Stock and Bond Averages * :v . ■ X'*; 'r - ■ ' Below are the daily closing averages listed of representative stocks and bonds the New York Stock Exchange as compiled by Dow, Jones & Co. od X .■•Hvfi.it -.Vf,k! " *■ ' X - ' ' 1 • : X'X 10 10 . 15 169.89 49.58 December 2 167.50 48.53 December 3_ 168.05 48.72 December 4__ 170.33 49.42 December 5.. 169.95 48.92 December 6_ 170.39 ^ . Vt'X '$k. y.. trials 62.12 103.59 61.18 „ First Second Grade Grade Rails Rails 109.64 109.65 ; 103.59 10 Total "Utili¬ 40 ties Bonds 90.79 106.84 102.71 90.41 106.81 , >>-'//'x;'', 61.37 103.71 109.71 90.31 106.77 / 102.62 62.23 103.78 109.71 90.64 106.75 102.72; 35.74 X 'S 49-22>x • 102.61 35.10 62.01 103.75 109.76 90.45 106.63 * 36.07 . -X , 35.61 :>-i , 'J:i/'. t'7-.ry. Indus¬ Stocks 35.08 roads - 10 65 ties 35.35 Rail¬ trials November 30 Total trtiii* bX 20 XX 30 Indus¬ Date- 62.29 103.70 109.75 90.54 106.59 „ V>V'^ i />//■//,Y/:/:/ Xp;- : I * , "'y'-v,- \l\ t 102.65 -..'y: ;'i ; '■ -'"i\ - ■ 102.65 • i. /!;'' blffj X ;>'-7 .« X-Xx.. ■ v«-; !,i »',* < v '• ' ",v; : / ;l / .V.;- •; $ |P|S ' /:■■ '' ;/: i 'r ' v XVi! . I!-.. rJ x v • 7 .."j "V ■: ./ ■:/!.,/..■:':L 1 ■ i L ■ ' .X.v -■ 1 ' X'4'vv::; :!.x_ : " fx ■ r* '■?■ r,..XX ■": "■ : Lx ;,.v ♦ »v. ^ x? M X'X ••• iJ-Cy f 'J',X?'Vt';- bv xi x *'>•"*?/' >. / X- a!'V V; . :1 V; ,• X-j > X! 4 ■ v X W: vv fV'-x X|!•5. . X/Xv;;r' Bond Record :r ; •" ' 3 • HIS r-H ^X '•;'-.X.sx J*•!!..*? ■ :!.X.. New York Stock Exchange ecu ■'LlVKi ,j;v' and deferred delivery sales are disregarded In the week's range, unless they are the only transaotioni of the week, and when outside of the regular weekly range are shown in a footnote In the week In which they occur. No account Is taken of such sales In computing the, range for the year, X/x x The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. ; x.■ .,:rx.«XXXX 'iXXxx!'! NOTICE—Prices are "and Interest"—except for Income and defaulted bonds.; Cash ■ HIGH SALE PRICES LOW AND Saturday Monday Tuesday Dec. 2 High Wednesday Dec. 3 Nov. 30 Low Low High Low.- High Thursday Dec. 5 Low High Dec. 6 Low / High *103 103.3 *103.1 103.3 *103.1 103.3 •103.1 103.3 *103 103.2 106.17 *106.13 106.15 *106.12 106.14 *106.13 106.15 ♦106.14 106.16 *106.14 106.16 / 108.22 *108.17 108.19 *108.16 108.18 *108.16 108.18 *108.17 108.19 al08.19al08.19 ;si *111.12 111.14 *111.7 111.9 *111.13 111.15 ♦111.17 111.19; *111.19 111.21/ *111.22 *102.12 103.2 102.14 *102.12 107.4 *107.4 -107.6 X ♦107.4 111.25 *111.27 111.29 *111.28 111,30 102.14 102.11 102.11 *102.14 102.16 *102.12 102.14 *107.4 107.6 *107.3 107.5 *111.22 111.24 •111.17 111.19 *111.23 *112.16 112.18 *112.11 112.13 *112.16 112.18' *114.3 114.5 *113.30 114 *114.3 *114.6 114.8 *114.9 *102.31 103.1 *102.29 102.31 *102.29 102.31 *102.29 102.31 *102.29 *104.16 104.18 *104.14 104.16 *104.13 104.15 ♦104.15 104.17 105.13 *105.9 105.11 105.10 *105.10 105.12 •105.11 105.13' *104.18 104.20 *104.15 104.17 *104.20 104.22 *104.23 104.25 *104.23 *106.7 106-9 *106.4 106.6 *106.9 106.11 *106.12 106.14 *104.1 -104.3 *104.7 104.9 *104.10 104.12 *102.12 al04.15al04.15 *105.11 6 *107.2 f. *105.8 103.24 *103.17 103.11 *103.3 *103.23 103.19 *103.9 103.5 103.6 103.9 *103.1 *103 103.7 X ♦102.31 103.1 *101.27 101.29 102.2 *104.25 104.27 101.30 102.2 *102 *103.12 103.14 ♦103.8 *106.19 *104.10,104.12 *101.10 101.12 ♦101.10 101.12 101.10 *101.8 101.10 *101.7 101.9 ♦101.5 101.7 *102.7 102.9 *102.6 *101.8 102.8 108.27 Aug X 110.15 Mar 1956-1959 113.12 Aug 12 115.23 Apr 15 112.10 Jan Nov 1 112.21 Jan 113.30 Oct 1960-1965 118.23 Feb 19 113.2 Jan 116.16 Dec _. 1 118.15 Mar 12 113.3 — -1958-1963 1949-1953 106 106 Apr 2 106.6 Oct 107.15 Apr 1950-1952 100.10 May 107.15 Jan 28 106.28 Sep 107.25 Jun 1952-1954 105.29 Aug 19 107.5 Jan 17 105.19 Aug 105.24 Sep — ♦104.15 104.17 *105.11 105.13 Treasury 2Vis 104.25 *104.24 104.26 Treasury 2Vis _. *106.13 106.15 *106.18 106.20 Treasury 2Vis — *104.11 104.13 rl04.14rl04.14 •103.26 103.28 *103.27 103.29 *103.30 104 103.6 *103.13 103.15 *103.14 103.16 *102.18 13,500 1,000 103.20 .' a ; 1,000 *103.11 103.13 103.3 *103.9 103.11 al03.10al03.l0 102.7 *103.8 103.10 *103.10 103.12 *103.14 103.16 *102.9 102.11 S 103.14 103.16 103.18 *103.15 103.17 101.30 102.4 102.4 *102.4 102.6 *104.25 104.27 ♦105.3 105.5 *105.5 105.7 102.3 102.4 *102.4 * 102.6 *102.9 — 30,000 *105.10.105.12 7,000 Treasury 2Vis Treasury 2Vis Treasury 2 Vis Treasury 2Vis Treasury 2 Vis Treasury 2 Vis Treasury 2Vis Treasury 2 Vis 105.13 *105.12 105.14 *105.12 *103.18 103.20 103.20 103.22 *106.19 106.21 *106.23 106.25 *104.20 104.22 *104.24 104.26 *104.14 104.16 *104.17 104.19 *106.20 106.22 *106.24 106.26 *101.19 101.21 *101.23 101.25- { Treasury 2 Vis ♦101.19 101.21 *101.23 101.25/ I 101.9 *101.7 101.9: CI *101.5 101.7 *101.5 101.7] 101.16 101.10 *102.6 f*io£so ♦101.17 101.19 *101.8 101.10 5 *101.5": 101.7 102.8 102.8 *102.6 ; *102.6 102.2 ! 102.8 *102.6 *102 102.2 *102.1 Treasury 2s Treasury 2s 102.3j!. 102.8 ♦101.29 101.31 102 *102.2 102.4 *102.3 102.5 *102.5 102.7 *102.5 102.7 *102.5 *102.5 102.7 *102.6 102.8 *102.8 102.10 *102.9 102.11 *102.10 Treasury 102*.7i 102.9 102.12 ■ 102.8 *102.5 102.7 *102.4 102.6 *102.4 102.6 ♦102.6 *102.9 1 02.11 *102.8 102.10 *102.8 102.10 *102.10 102.12 •102.9 102.11 *102.8 102.10 *102.9 102.11 *102.11 ' 102.9 *102.8 102v10 *102.12 102.14 *102.13 102.15 *102.12 102.14 102.25 *102.24 102.26 101.18; *102.17 102.19. Treasury 2s Treasury 2s Treasury 2s 102.16 *102.13 102.15 •102.17 102.19 *102.23 102.25 *102.23 102.12 ♦102.7 102.9 *102.11 102.13 *102.14 102,16 *102.16 *102.11 102.13 *102.9 102.11 *102.12 102.14 ♦102.15 102.17 *102.18 102.20 *102.19 102.21 105.1 *104.17 104.19 *104.28 104.30 *103 105.2 *105.2 105.4 *105.2 1,05.4 101.2 *100.30 101 *100.30 101 ♦100.31 101.1 *100.31 101.1 *100.31 101.1 •100.29 100.31 *100.27 100.29 *100.28 100.30 *100.30 101 *100.31 101.1 *100.31 101.1 No sales transacted this day. a Odd lot transaction. ___ Jan 100.17 Jan 100.15 Jan 4 6 107.9 Apr 5 107.10 Apr 12 100.18 4 106.15 Apr 6 100.20 Aug 101.24 July -Sept. 1967-1972 106.28 Apr 30 109.15 Feb 18 100.30 Jan 107.28 Dec 101.15 Jan 106.16 Apr 8 100.23 Dec 101.15 Dec 12 106.15 Aug 12 106.29 Oct 108.17 Aug 12 Apr 4 107.9 Apr 102.22 Jan 4 107.19 Apr 1965-1970 102.11 Jan 2 102.11 Jan -June 1967-1972 101.16 Jan _. 2 „Dec. 1964-1969 ^ -Dec. 1967-1972 _ 1951-1953 ». ■ 102.9 £ July 102.7 July 102.2 / Feb 100.10 Jan 102.3 Jan Feb 106.15 Aug ;; 107.26 Feb 108.21 Nov _ - 1954-1956 108.17 Aug 12 108.21 Nov 104.22 Sep 17 107.14 Apr 3 100.27 Jan .105.1 June 1959-1962 100.29 Jan 2 104.16 Apr 100.15 Sep b 101.12 July Jan 4 5 3 ; Dec. 1959-1962 1947 102 i Apr 29 104.7 Apr 102 Apr 29 100.18 Dec 14100.27 Dec 102.26 Sep ,-p Oct 102.9 Jan 104.24 104.24 Dec. 1948-1950 June 1949-1951 Nov 102.3 101.4 March 1948-1950 Jan 17 103.9 Jan 17 103.9 103.7 Jan~~5 103.22 Feb 102.20 May 102.26 6 Oct 101.29 Jan 102.21 July March 1950-1952 103.28 Apr July Jan ;! 102.27 Jun 102.26 Oct -103.5.... Dec 103.8 Nov Dec Mar 15 102.10 Feb 103.16 18 104.14 Jan 28 100.25 Jan 103.30 103.1 Sep 103.1 Sep 100.17 Jan 104.4 Dec 1^50-1952 102.16 Oct 28 1951-1953 Sept. Treasury l%s Treasury IVis : July 102.17 Aug 1956-1959 _. __ , 103.4 1952-1955 Dec. 1949-1951 Treasury 2s *101 100.18 9 107.4 Jan Sept. 1949-1951 Treasury 2s ♦104.31 16 Nov 14 103 __. Treasury 2s 102.13 Jan 104.7 __ Treasury 2s Treasury 2s 102.13 Jun 100.28 1963-1968 __ Treasury 2s Treasury 2s ♦102.7 107.1 - 2s *102.11 7 2, -June 1964-1969 Treasury 2 Vis *101.7 ♦101.14 _fiox.fi. !i6*10lJ3U 101.7- *1-01.17 101.19 X 108.15 Nov 108.4'Jun _ _ * 107.27 Apr 105.22 May _ 113.20 NOV 1 Jun 108.4 1962-1967 _. *103.17 103.19 r Apr _1966-1971 Treasury 2 Vis •105.11 105.14 V. Nov 113.3 Nov 7 —1956-1958 _. Treasury 2Vis 102.11 ¥ Dec _. Treasury 2Vis Treasury 2 Vis Treasury 2Vis 6,500 Jun 110.3 1948 __ 103.15 i >101.14 101.16 —1951-1954 _. . 102.6 6 Treasury 23/4S Treasury 2%s 102 asked price. 109.22 Feb Treasury 2 Vis Treasury 2 Vis ♦102.7 and 6 Treasury 23/4S *101.30 ♦Bid 107.5 1948-1951 — 114.15 *102.4 *102.10 106.11 Mar 102.31 *102 *102.14 Dec Jun __ *103.13 - Apr 114.25 105.14 Treasury 2%8 *105.10 105.12 106.21 106.24 104.15 111.27 112.17 Aug 5 *114.13 102.31.- 103.25 101.29 111 17 102.11 Dec .♦102.29 :/114.11 • 19 115.26 Jan 5 Treasury 2%s X /' 111.18 Feb 112.21 Aug 23 6,000 112.27 103.8 *101.27 103.10 *104.13 101.15 *101.13 101.15 X *105.10 105.12 *106.22 *101.13 *112.25 *103.12 101.30 101.30 ' >105.11 105.13 ,*112 X 112.2 28 104.14 July 12 XX ,109.24 Mat NOV 102.11 Dec —1955-1960 _. 3,000 103.3 103.2 104.30 102.14 104.27 May 16 106.13 -/. Highest::/ Lowest 1949-1952 1951-1955 Treasury 2yaS *102.5 103.3 103.8 *104.28 111.24 *103.6 *103.7 *103.6 *102 Treasury 3yas 107.5X:107.5-v^ *112.21 112.23 1947-1952 Treasury 4V«s Year 1945 IX/-p Highest Lowest Treasury 3s 5,000' ' *103.22 *103.5 114.5 112.221 *112.20 107.6 Range Since Jan. STOCK EXCHANGE Bonds($) *108-20 YORK NEW the Week High *106.15 ' Range for Previous GOVERNMENT BONDS X Sales for Friday, ' Dec. 4 X-X Low *103.1 *104.6 ■! 104.8 :x.X,:X: Figures after decimal point represent one or more 32d of a point.- • 102.20 Oct 104.3 1951-1955 103.13 May 16 103.13 Ma" *6 June 1952-1954 102.14 Nov 26 104.26 Feb 18 Dec. 1952-1954 102.22 Nov 15 104.29 Feb 21 Dec 100.13 Jan 104.6 Dec 106.12 1953-19 55 Jan 106.12 Nov Jan 101.23 Apr 101.19 Deo 1948 ioi.14 May~17 101.31 Mar 9 101.9 1950 101.3 102.17 Mar 8 100.26 Aug Sep 20 » THE COMMERCIAL & FINANCIAL CHRONICLE Volume 164 * Number 4549 2977, NEW YORK BOND RECORD WEEK ENDING FOR RANGE DEC. 0 ' : • BONDS Friday : Stock Exchange Last Me Price ; J•/' New York Cltj gy7;y Transit Unification Issue— 3% Bonds Bid & Asked > Lou Range Slnee )■.<: Sold j January 1 ' Low High. J-D 11314 115 11314 113 , i- (Republic <. v % Interest Last Period Bale Prieo ap80^1,9^, of 1927 3s external High J-J Oct 1961. Jan 1961' f $ bonds 81% 91% 90% 1970 M-N F-A (City) 5s 1952 25-year gold 4%s 1953 ACosta Rica (Rep of) 7s 1951 Cuba (Republic of) 5s of 1914 1949 External loan 4%s —1949 4%s external debt 1977 Members Telephone REctor 2-2300 120 New York Broadway, Stock (Rep of) 8s ser A_1951 ASinking fund 8s series B IA Denmark Exchange New 11—1953 Sinking fund 5Vis A Czechoslovakia .1952 6s 95 92% M-S •103 F-A •lOOV* 111 J-D J-J •107 A-O •107% A-O •107 J-J 1955 »A2d series sink fund 20 % M-N 100% 98% 98% A-O 106 110 104 — 110 112 98 — 98% 116% 1942 M-S 1940 A-O •101% 102 104% 104% 102% 101% 101 '101% 101% 101* „ 1961 M-S 101 101 100% 5%s 1st series 1969 A-O 101 101 100 5%s 2d series 1969 A-O ♦101 Customs Admin 5 Vis 2d series / .Foreign Govt. A Municipal Agricultural Mtge Bank (Colombia)— AOtd sink fund 6s V AEstonia. (Republic 1947 ; AOtd sink fund 6s Akershus (King of Norway) 4s rM\ 78 *85 i 78 M-S 1968 78 A-O / i-x 77 " 8 F-A 1948 77 lAExternal i A External 3-J 21% 21% J-J f 7s series C ——1945 3-J f 7s series D 1945 J -J 1957 A-O sec s f 7s 2d series 1957 A External sec s f 7s 3rd series—1957 A-O s jAExternal A External s f 7s 8 1st series AExterial A Antwerp (City) external 5s of 1927 21% / \' , 103% 103% 39 102% 106% ■■-, 100% 103% ^ 101 % 101% f £ 13 102% 1949 ai-S 106 inss .7/; j-j y ,—, 106 •106% 112 of) external 8s 1941 J-D 3-D 63% 63% A-O 66 68 7 uzmm " 74 *67 Stamped pursuant to Plan A - fitamped pursuant to Plan A 76% M% 25 A-O 60 60 2 as.'/: Minas Geraes 1 A-O 65 65 A-O 55 57%' 66 66 ASec 1 62% 85 3 53 76% Stamped pursuant to Plan A , . » (Int reduced to 3.5%) J-D * 1 65 M ♦02 66% 6» — External ' ' - V.; ■ ♦51 ,/ /v53 55 64% / 65% 65 ,r 66 76 58% . . 68% ; V 38 48 35 2008 42 V* 38 1959 A~~ 42 103. 101 107 y* 100 ' 1957 1 ao 3/. 1 no 3/.. 1965 1963 Municipal Bank extl s f 5s, Oslo (City) sink fund 4 46 100 107% 2008 5s i.. 35 _195Q f 68% JS 1958 Norway (Kingdom of) 4%s ::;/-77 58% 15 f s 18% 15% 14 * 2.125*) to £< External sink fund 4%s - ■ ,,,X, (Int reduced to 3.375%) 1979 A-O External $ bonds of 1944. (Plan B)—- ?/'"* •' > 3%s Series 1 '■ ■ ' ■ ■■■■ — reduced 4s sink fund extl loan— funding bonds of 1931 due..1951 Stamped pursuant to Plan A . 77 . 1% ■ ^ j 3-D 1933 11% 16 J-J 13% 10% agree (State)— s f 6%a -Stamped pursuant to Plan (Int reduced to 2.125%) New South Wales (State)— > : , 1978 1945 — 167/s 12% 1954 A See external s f 6 Vis ' •' 16 % 1942~"agree external (int - (Int reduced to 3.375%)—.1979 A7« (Central Ry) 1952 5, Nov. Stamped pursuant to Plan A 76% 68 11Vb 22 .1945 lATreasury 6s of 1913 assent AAssented to Nov. 5, 1942, 82% 58 • (Int reduced to"3.375%).—1979 AExternal s f 6%s of 1927 1957 11 1945 ./^^n^d to Nov. 5, 1942, agree1 64%. 2 32% 1943 1942,~agree AAssenting 4s of 1910 118 :■■/•"' ? to 24 9 28% agree 5, Nov. 1 19 Va 1U4*I - 115 110 •■■;/■. Stamped pursuant to Plan A - to 22 102% 101 % 1954 AAssenting 4s of 1904 110% 103% ,t (Int reduced to 3.5%)—.1978 AExternal s f 6%s of 1926 ; 1957 113 J-D 103% 14 1955 flABrazil (U S . to Nov. 5, 1942, (US) extl 5s of 1899 £ AAssented 10% 100 1957 AAssenting 5s of 1899 100% 102%,. 11% 12% >i -y./'v, Ia* (State Mtge Bk) 7s AAssented 7s \ , 214 AMexico 12% .i960 AAssented 101 f 131%; 100 4 : —I960 (Colombia) 6%8— Mexican Irrigation—- • A4%s stamped assented 106% 112% M-N Belgium external 6%s f 5s ■'/."v A Jugoslavia 12% 1952 AMedellin 45 F-A 8 '•'.''/..'■I'!"- noy4 in 101% s ' 101 External g 4%s of 1928——.1956 10-year 3 Vis .1956 s Irish Free State extl 3-J M-S External 37% 4 1957 External 37%?. 16 18 105 104 J-D 103 103 50% HI 104 50 50 105% M-S 1968 Haiti "38 9 / \ 18 y*; 17% -V •20 J-J 1964 paid— (Republic) s f 6s series A Helsingfors (City) ext 0%8— 2i y8 3 ■18%' 18 part: paid—^ 21% •24^;.;.; , 21% ' . 3-D Australia (Commonw'lth) 5s of '25.1955 External 5s *21 f A-O 1958 2iy0 22% 1945 1949 A 6s part ;2lV» 14 21% f 7s series B s \p- —.1949 unstamped 102% Greek Government— 104% 97 % — 78 85 A 7s lAAntiquia (Dept) coll 7s A—_—1945 Il967 of),7s French Republic 7s stamped 85 , . 117 117 98 90% 101 % 101 % A-O 108% 115 113 90 99% .1940 5%s * 109 109 7/s ; 99%. 39 /.111 19% 21 ; ; 100 88% 100% 101 99 99% F-A ~i962 58 91 95% 91% 50 59% 51% M-N 1942 External gold 4%s IA Dominican Rep Cust Ad 5%s 'A 1st series 5%s of 1926 NY 1-1693 York V- extl External gold 5%s •; T eletype 20-year 51% 51% J-D - 70 55 A-O Copenhagen Wertheim & Co. No. High A-O s Range Since January 1 81% ASinking fund 7s of 1927.—1947 Foreign Securities Sold Low Mtge Bank 6%s_— 1947 ASinking fund 7s of 1926. —1946 i Bonds " Friday's A-O A Colombia Xh • or Bid A A»fc»d of)~ A6s 125% 113 ; Week's Range Friday New Ydrk Stock Exchange » Colombia lifts. . Low •* -.1980 ..»•' • i '•1 ■ High \ Corporate Stock !'■ ' • BONDS Week's Range or Friday's Interest Period York New » 100'A 107 Va 99 Va 1970 ' 103 103% ' 3%s Series No. No. 3%! Series 2 3 — ; 3%s Series /'.■-J •3 Vis No. ! —//' 5—— Series No. No. 7 3Vis Series No. 8— < /y -— . 3 Vis Series No. 9 Series No. "* Series No. 11—. 3Vis Series " ■ t'-mmmt v ' <~$£.1 «... 12 No. 13——s—». 3 Vis Series No. 14 ♦60 35 64% :. ■'64%:/:/ V'-VUii- 7/v 3 Vis Series No. 15—. /If 3 Vis Series No. 16 f 3 Vis Series No. 17 64%::,/. •?r ^7 j J \ 65%v { 82 55% f 72 n 65 Vi , 57% 65 4 57 y8 64% 31 55% 65 55% 56 65 55 63-: ;''"■' v',: 63 > Series No. 18 3Vis Series No. 19 3Vis Series No. 20 3Vis Series NO. 3Vis Series No. If-/ 64% 63 ♦59% ','77 61% / 61% * 66 *59% 2l-i.a—m. 22^__ : 1 AStabillzation loan , ;•; 23. 64 24. 64% 55 3Vis Series No. 25. •60 : :/65V7 •56 64% 3 Vis Series No. 27 64 3Vis Series No. 28 64% 54% 65 17 64% 55 63 Vis Series No. 30. 64 Vi 2 62 3Vis Series No. 29 •V/.b 3 64% ■■'■'A ■/' , 56 y4 (Int reduced ' : 64% f 5s s M-3 Sinking fund gold 5s 1958 Sinking fund gold 68——1950 99% ♦101 F-A 1957 *101% 3-D ♦102% 103% ' (Province of)—A 6s stamped—— External Refunding External External 3% 1977 M-S 98% 99% f 4y4-4yas 1976 F-A *99% f 1975 J-J (Dom of) 30-yr 4s.-——1960 25-year 3 Vis —1961 -2Vis Jan 15 1948 (City) 8s (Rep) A6s assented J AExtl „ A 6s sinking 6s assented ARy external s f 6s sinking fund 6s A6s />.' A6s assented —1962 A 6s A 7s For 1961 A-O M-N 21% 30% • : (Hukuang Ry) see of (State of)— 1 50 1999 45 1968 (Int reduced to 2%) loan of 1926 44 2012 47 1 Stamped pursuant to Plan A (Int reduced to 2.25%) A 7s municipal loan /i.. i Stamped pursuant to Plan A (Int reduced to 2.25%) 30 2004 s 22 Vi 21V* 46 % 39 42 2004 22 Vi 21% 30'4 20% For Financial Institutions 30% 30% 1 22 % ' 22%:.,., 21% 21% 21% v 22% y FOREIGN 29% 21 SECURITIES 30% 22% 30% 21% 30% 21 28% v| FIRM TRADING MARKETS ram, marks & r.o. me. 20% 20% 19% 28% 22 28% 20% 20% 19 % 29 »— 25 23% 29% 20 21 19 29 25 ; 20% * 20% 20 20% 19 18% 18% 27 M-S 19 19 18 Vi 28 1951 J-D 14% 14% 37 SPECIALISTS York 4, N. Y. : j / y 29 18% FOREIGN SECURITIES 50 Broad Si., New 28% M-N M-S 2981 4% Telephone HAnover 2-0050 , . \ 40'A 38% i/" 30% 21% ■/ 1967 30% —I960 5s..,,, page loan 30% .I960 7s_ 1953 30% 21 22V 8 A-O 1962 2001 ' 24% 20% 6 Vis ■.'/./ 21 J-D .1962 Munlc footnotes J-D •7 30 30 22 Vi J-D .J-D 7 22 20% • 22 Vi ; A-O 1961 assented AChlneee ; 3 23 22% A-O 1961 assentedCons /•■■:• 8 22% M-S 1901 assented • 21% M-N 1957 assented AGUaranteed sink fund 6s - . / ; % 52 y« A7s external / ; 36 Va -63 V* , : 23% ' M-N 1957 AGuaranteed sink fund 6s_ AChilean 21% • A 102 y4 21% M-S / 1963 ASinking fund 6Vis A6s 21% F-A „1963 AChile Mortgage Bank 6%s A6%s assented— 57. . 1952 Stamped pursuant to Plan A 114% 100 M-N .1962 AExternal sinking fund 6s A 68 assented ' 108% « J-J Sep 1861 Sep 1961 assented A6Vis 13 21% A-O ■: ; ;7,iy 31 *50% yy J-J AExternal sinking fund 6s 94 100 100% 2006 Stamped pursuant to Plan A (Int reduced to 2.5%) A 8s external sink fund gold 101 /;74y* 109% 109% 22% Jan 1961 90% v. 112% 22% Jan 1961 7 -■ 108% /; 21% 23 % ..Feb 1961 assented A6s AExtl fund 88% 101 48 v , A8s extl 101 . sec Rio Grande do Sul j 99 17 / A-O Feb 1961/7 F-A — ; 108% 109% j/M-N 1960 1960 91% J-J 1942 AExternal sinking fund 6s 87 2.25%) Stamped pursuant to Plan A ioi%:/;4 86ya 2 99% J-J , 1942 ' : 99% A-O 1954 Cw; J-J . External s f 7s assented A7s • 132 99% 91%. M-N 1984 f $ bonds 99% A-O —1976 4%-4%s s / Canada AChile 95% 997/a readj 4%-45/eS external ACarlsbad 'i!S 1 M-S 4y8-4%s s s ♦98 —1961 f s . to '/■, vV/:.;,-,: I'/i Buenos Aires 2001 (Int reduced to 2%) 104 ,99 — '7-,y: 103 103% 100 / 35 Vi Stamped pursuant to Plan A (Int reduced to 2.375%) AExternal Brisbane (City) -;c' 24 Queensland (State) extl A Rio de Janeiro (City of) 64% 55% * 32% 24 APrague (City of Greater) 7%s 65 : 23 t 7s A 4 % s assented AExternal sink fund gold {/;'/ 65% 20 64 33 30% 30% ,'j Stamped pursuant 65 56 . 16% AExternal loan 7 54% 63% 26 a 8s Stamped pursuant to Plan A (Int reduced to 2.375%) 65% 56 64% 3Vi8 Series No. ^> 54% 30 64%: No. 7% 1959 I960 APorto Alegre (City of) . 2 No. Series 46 iA4%s assented 65 . 3Vis Series 3Vi8 2008 44 30 ' ■ 149 63% 62 35 1947 / A Nat loan extl s 1 6s 65%" 64% 7s lAPoland (Rep of) gold A4%s assented .. 3Vis d of) 'v , • (State 4 ANat loan extl s f 6s 1st ser i j 65 ///v'l 106% ief 3%s series ::// stamped pursuant to Plan A (Int reduced to 2.125%) A Peru (Rep of) external 7s ,i;. '55,':: V 63% ;63% sec APernambuco 64%.;.^.: 65% 7 102 '100 Va Stamp biod 3%s ext Ext ,;65%/\W. 55% 55 %, ! 7 *59% ' \ 82 56 \ , r ? 64% * /i/24'. • / 7 82 77 62 ; mm 3Vis Series ' 76 -79% ' 64% •; ' 77% *83 64% ,;/i ::; Panama ((Republic)— /-v. A Stamped assented 5s 77 / '/■•■•'( 63 . » ". 65% 59 ,r.v * •83 s 68 68%. 58 "•'58 10 ♦83 10 3 Vis *83 /y — — 67 26 ■■ 64% '66% ♦63% —. — 3Vis No. 13 657/a,.j,. 67 /'/■ 64% . 6 3%s Series / i 64% ? —. 3%s Series No. 4 yy t ;. Teletype N. Y. 1-971 v ft THE COMMERCIAL & FINANCIAL CHRONICLE JU^ia Monday, December 9, 1946 NEW YORK BOND RECORD WEEK ENDING FOR RANGE DEC. 6 ~ 1 "bonds New York Stock Friday ■ Week's Range or Friday's . Interest Last Period Exchange Sale Prioe Buffalo Rochester Ss Pgh Railroad Reorganization Stamped modified RFLUGFELDER, BAMPT0N& 61 Consolidated Broadway V-.' ' : •• '1 ■ Last \ Friday's Bid & Asked or - Sale Prioe > Low > lASan Paulo (City) 8s ; Stamped pursuant to Plan A 1952 High Low No. High 48 gold 1957 4%s gold 4%s__ 2001 Stamped pursuant to Plan A (Int reduced to 2%) 36 '45 36 43 Cart Celotex M-N 2012 1st gtd (State) 8s 1936 Stamped pursuant to Plan A (Int reduced to 2.5%) A8s external ; u Stamped pursuant to Plan (Int reduced to 63 57 71 1956 t *50 J-J 1950 -J-J 70 65 71 \ 60 71 1*50## .65% iCentrai of Georgia Ry— 5 A 1st mtge 5s— {AConsol gold ,5s ' A '" • . ^1999 -J-J -M-S *47 Stamped pursuant to Plan A 2.25%) (Int reduced to A6s extl dollar loan j-J 2004 1968 ;; 64 54% 44 ? 61 85 71% 85 >Wr::c i :> j-j 1940 ft " 44 ; 'r* 'v#.; A-O • :*54^ ^ nv<_ Stamped pursuant to Plan A \ 82% 96 73 89.#; -'V'ri-' 108 46% 87% 10% 33% 85 1945 m-n gen 5%s series B_— 1959 A-O gen 5s series C__ 1959 A-O 10% 33%,, J-D 52 85 J-J 37 44% AChatt Div pur -money gold' 4s__1951 registered AGeneral 4s ^ A 4s registered 77 63 65 63. .A-O .1978 105% & A 5s - " (Int reduced to 3.5%) 101% F-A , Central Illinois Light 3%si_--i-^1966 f A Cent New Eng 1st gtd 4s.. 1961 fACentral of N J gen gold 5s__J__1987 -" 2012 , 107 & jAMobilq Div fst gold 5s—».^..1946 _ Stamped pursuant to Plan A (Int reduced to 2%) # A Secured s f 7s ...- ft 102% 101% 101% J-D ■t . 4 109% 106% 108 A-O J-J 87% 1-3 26 60 V« 24. .1987 ..1987 56 23 J -J A8s secured A7s series A Silesia external B M (Prov A4%s of) extl 1962 7s sink y External 37/8-4ya fund 8s 6s_. A4%s P-A 104% 113. extl 5s V. 95% M-N 1979 m-n *92ft 1978 external J-D •_. .1978 95% i-A 1984 . 100% fe J-J 1958 7s_; lOO c F- A W •88 ' 96'A : 12 , s 20 1958 r 17 13 12 F-A 1st * Adams Express coll tr gold 4s Coll trust 4s of 1907™ 1948 1947 J-D -j-d Alabama Great 3y«s 1967 AND INDUSTRIAL COMPANIES M-N *M-N Alabama Power 3yas 1972 Jr J Jr3 " Southern mtge 2s A-O 5s ' 2 % 100% 100% ' 4 108%'108% 105 i 105 M-S M-3 107% 105 : ;* '"1 1;. 116% debentures 101 Va no debentures. A 1st wi 100 100% 62 #100 107% 97 97% 112 97 100% Adjustment deb, J 4s Charlotte Ss 1st mortgage 103% 103% 104% 41 102% 42 103% Atlantic Air laa? jan 92% '< 100 3 106-106 104% 105% .1964 103% 104% 28 1948 38% 38% 28% 30% 21 1966 ■.. :K 101% 4 ioi y4101% 103 9 1948 debs r" *' » v J % inc ser A Paul ser ■* 113 Ss inc ser • # 97%' i ft:1*' July 1948 ^ 1st 49 29 38% 101 105% ! f '" Sr' 94% . / fSiH 971% 56 94 . I ■' A-O dVU 95%' 98 59 Jan 1 y •#.; V '<* • • ,> J-D 11995 3-D due Feb 11960 af-s 105 Toledo Cin Dlv ref 4s A 1959 ' , ref Ss M m-s 198 77% 78% 58 70% 103 64%- 66% 94 58 96% 42%' 881% 59 ■ m-n 99 49% 51% 93% f 94% - ' ' 121 384 - : #r 88 88 911/4 91 25 ; 90% 103 92 14 88 1951 96 . J-J/-■■■:■ 1951 90 104 - 97 91 A-O 8 2%s 1961 .1970 97 97 '/a St m-s 1st M 5s series II 1955 1st gold 1961 I960 ; Alnc mtge 4%s ser A July 1970 fABoston Ss N Y Air L 1st 4s 1955 Bklyn Edison cons M 3%s Bklyn Union El 1st gold 5s Bklyn Union Gas 6s series A 128% 12 98% Gen f 105 Va 127% 100% *94 footnotes 2981 f; 84% m-n F-A m-n ■ •' ." •#"';# ,■ ■ 19 ya 39% 101% 110 iooya 103 98% • v 106 . 1962 «i 1975 105 y4112% 42% 63 42% - 62 100 113% iny8 -- 63 107% 102% ■» >iii% 107% 105 102% 103 102% ? 102% 108 Va 73 69 108% 104 106 102% 102% 105% 106% 105 105 V* 46% ' 46% *31% 33 105%: :1952 4s 106 ™ 102% 1963 3%s gtd 133% « 100 100 102% 86I/4 '59% 28 60% 39% 59 v 106%! 100 if? 106% 84 50 104: s : gtd 4%8 1961 gtd 5%s.———1972 s f 5s series B gtd ...1973 f 4%s series C_..a..—.—1977 (stamped modified) Gas & Elec 3'/8S >;• L'-' 101% *106 18 '#■ 106 103 V* 85 ) v 105% IO6V2 106% 5 101% 106 '/a 3 105 y4 107 Va ■ 101% 101% 106 99% 39 1031% 104% A-O 76 . 100 74 93% 95 110% 107 - 97% 107 # . 110% 1051/e / ' m-s 1st mtge 3s series - ; ~ * 3% s—^^.1965 Consolidated Edison of New York— 3%s debentures; ->1948 Consolidated Cigar Corp » 99% 100% 14 99% 100% 3%s 1011/4 101% 41 IOI1/4 106 Ya 3%s debentures debentures —1956 &——>—1958 * ' F-A L—i——■—1977 Conn Ry<& L 1st Ss ref 4%s——1951 Conn River Powr s f 3%s A.^.v—1961 j-j ■ -A-O -A-O j-j 104% 30 V A i-. >,/ 108 y» 84% ,18 #102% 103% •'•v ' 45% 106% V 105 *109%.109% 108% 111% 116 118 106% 110 I ..107% 107% " '## F-A A-O ; *115%' F-A Commonwealth Edison Co— V 103i/a 103% *1041/4 m-s 1955 110 108 7/a 59 -A-O 4S..1948 1st extl 4s— 105% 106:-.-: "- m-n Sou-Ohio EL 3 Vis.—-1970 116% 105% 104 > 2 ' -.'13'# 107% 1071/e 106% 106% * A-O * 107% *107% 110 107% if 106 Va A-O -■A-O:ft Tol - ' 107 Columbus Ss , 119 72% 80% *__ Columbus & , 121 ♦74% .....1980 debs__.i971 Columbus Ss H V 1st extl gold - 841% 4%s Columbia 100% 109 i t « 1st 98 119 97% 120 • 99% 1948 —.1950 — Colorado Ss Southern Ry— 99% 108 >A : f - 1st : 81 78'/a Cleve Short Line 1st t 82% *_. 4s_i..l990 tr .gold 99% *95 —1993 ; 99% 81 82% 102% *__ 1993 b 107% *102% 103% • —— m-s J-J 84i/4 *35 59% F-A 1969 page 92 *941/4 106 m-n 1978 see 97 104 a-o 1947 2%s 1001/4100% m-n m-n For 25 105 1950 debentures mtge 98% »™ 1960 81 219 605 ... :__1963 conv 3%s gtd - Cleve Union Term J-J 43 54% 27% > 92% :'CS 4%s series E...-.-1977 1st -4s_.—.1991 ' J-J 72% 53% M- Dlv 1st coil L Div Series D » -i: 104%: 95% 6 128 128 m-n 1967 4%s series JJ 1st mtge 4s series RR impt Cin- Wab -Ss « Boston Ss Maine 1st 5s A C Ss series 5s Series C 95 . Loan Bethlehem Steel Corp— Cons mtge 2%s ser I General 1 # li A-O 1960 38% 25% # Cleveland Eleo Ilium 3s_:—_™—1970 Cleveland & Pittsburgh RR — > ^ 104% ' stamped Beech Creek Extension 1st 3%s Bell Telephone of Pa 5s series C 3 651 —.1994 . General gold 4s. 1 Ref . J-J J-J 71 72% *101% 105 City Ice Ss Fuel 2%s debs • . 106% 46% ' 48% 1st mtge gtd . 94% J-J 53% 64 67% 72% Cleve Cin Chle Ss St Louis By-— ' 66 r —1951 I 98% 58 64%- 511/4 - 98% 107 74 > 1st mtge v Con ref 4s 5 3%s series E_. 1969 2%s ser G,—;—.—1974# —1966 City Investing Co 4s debs.—2..2.-1961 66% 64% 'F-A > 98'A 60 180 1994 2%-4y4S_. Cincinnati Union Terminal— it Ar Bangor Ss Aroostook RR— , Cine Gas & Elec 1st mtge 2%s ' 641/4 ' r 64%' ' v. 1951 2044 SADebentures 5s part paid——1957 fAChoctaw Ok Ss Gulf cons 5S—.1952 ser D ■ 104% 105% 74% 107 Va 48 96% 119 322 f I AChilds Co deb 5s part paid™._1943 #./•/. v r#i,^i;\'l 77% < 58 11 104% 104% i v* '!■'£ X'' 64% # (Int at Weft . 98% 110% 1951 : 80 31 ; v % 57 a ...1951 ; ^ Income 2%-4%s Chicago Union Station— 1071% 94 ; 1995 due .< 1st & ref 4%s series D A-O, to 51 Chicago Terre Haute Ss S'eastern Ry. 118% 35 ; v 83 45 ' deposit*..:^— 3 Vis \.'-i ' 99% 38 ...2..1988 of 144 84% 2..1994 4s_... 88 104% 84 140 A Jan 1 2019 ser 103% 36% 1956 Pad RR— b 106% 96 - to Pgh L E & W Va System— Ref gold 4s extended to s >"■ 99 ya 100% 101 1983 A'...i.2..2003 4s ser A A Certificates 'Y ' July 1948 S'west Div 1st M (int at 3%% i to Jan 1 1947) due 1950 4s * V - Memphis Dlv 1st gold 4s 104% 107 32 ' ; " 119% 1970 AConv gold 4%s———1960 Chicago St L & New Orleans 5s—1951 .July 1952 (int at 1% to due... .2000 Ref Ss gen ser F (int at 1% to Sep 1 1946) due .1996 V •' t 109 113% 114 Louisville'Ry—1 4s conv Gold 1 1946) Indus , 119% .Jan 12038 V mtge 4%s lnc ; AGeneral Ry— Ry 1st 4s Ref Ss gen ser C to Dec 1 1946) Beneficial , IA Refunding gold 4s 1934 jASecured 4%s series A™——.1952 1946 Oct 1 1946) due 4s ' 109% 25% partial redemption 1927 JChicago Rock Island & Pacific Ry— ; 1995 Ref Ss gen ser A (int at 1% Dec 1 1946) due 1 64% 31 40%. 43 •111% 112 . ' Stamped modified bonds— 1st mtge gold (int at 4% A Conv ; ' mtge conv: inc 4%s__Jan 11999 1st mtge 3s ser .....1989 15 A Chicago Railways 1st 5s stpd t > Line Baltimore Ss Ohio RR—. 1st mtge gold 4s Sep 124 ,1985 mtge '4%s Chic & West Indiana Ref Ss gen •121 * 1st mtge 3 VaS series F 1st mtge 27/a8 ser G . 128 2nd Q-J .1963 2%s Refining 135% •126 Chicago ds Nortlr Western Ry— 107% .1995# infc 1st mtge 105% 104% 105 4s mortgage 107% 126 1989 4%r series B_™1_._.T977 Milw St Gen 115% 104% , 3%s Ss Danville Second 109 4,418 ref mtge 4%s July 11995 July 11995 Atlantic Coast 1st cons 4s General unified 4y2a A Atlantic 112% 115% 113% . 1962 _ geld 84 .1969 Stamped 4s Atl Knox Ss Nor 1st gold 5s Atlanta 97 —1961 Nitrate Chic 1071/2 1004 100%. Atchison Topeka Ss Santa Fe— -General 4s ; 99% 100% iooy2 1986 ; Ann Arbor 1st gold 4s • 104% Chicago Ind Ss Sou 50-year 4s 159% ».118 % 86 125% 1980 : Amer Tobacco Co deb 3s 3s debentures A Anglo-Chilean 123. .1975 ; 2%s debentures debs 107 y* 105 1958 ;#*' A 2d mtge 4 % inc fth- 1956 2%s debentures conv s 105% 105% 105% 106 Va ; t Chicago Ind Ss ' 2%s 151% 136 138 138 1996 11996 ___1989 i \ 101 %■ 100 y8 , Ss AGen ' 2%s gold 4s 1st Ss ref mtge 1st «fc ref mtge 27/8s 104 97 134 107% 106 v 4 " looya iooya ' , "8 8 105 " *98% 102 __ ;• 100 103% 4 103% 105%: #106% 109% — American Telephone Ss Telegraph Co.— 3s conv 50 103 '/a •103 Chicago Ss Eastern IU RR—i"" ^J A Gen mtge inc (conv)--y^. 1997 lBt mtge 3%s aer R:: • 'iqar Chicago Ss Erie 1st gold 5s 1982 Chicago Gt West 1st 4s series A„al988 '-'v #104% 105%; ' , *103% 104% — M-S "M-S 2030 ♦100% 104% , 100% :• A-O aebsi—_™1956 Am Ss Foreign Pow deb 100% M-a M-S Albany & Susquehanna RR 4yas__1975 Alleghany Ss West 1st gtd 4s 1998 Mfg consol General 4s : ■ ; t A Chicago & Alton RR ref 3s: 21949 Chicago Burlington Ss Quincy RR7- 90 83 18 — - 2d 86 v „ . 86 ; - lOQyr 89 -. , :28, ... 987/a - *14 RAILROAD Allis-Chalmers , - 43% 1942 • ' assented... 1st > 1974 (partial redemption) Ref & impt mtge 3 Vis D____: vRef & impt M 3%s series E R & A Div 1st cons gold 48 * IfTff conv stamp 21% Champion Paper Ss Fibre deb 3s.„.1965 Chesapeake Ss Ohio Ry— 1 > General gold 4%s..™™.yA^..199a 1964 conversion (City) 110 (4%% to Aug l 1949).. IA Central RR & Banking Co- i960 ; 4-4%-4%s extl; readjustment 3Vas extl readjustment AWarsaw 105 1946 6s ($ bonds of 1937)— 4isss F-A 1955 readjustment External 52 108% 1958 AExternal sink fund 3%s-4-4Va% 104% ...1958 assented. Sydney (City) s f 5%s— AUruguay (Republic) extl AExternal A-O Central Pacific 1st ref gtd-gold 4s: 1949 1st Ss ref series A v..... 1962 extl sec .,„T987 1974 y Central N Y Power 3s (Kingdom)— , 61% ; . ^ Xv^:'u;:^v Serbs Croats Ss Slovenes i 60 44- *45 55 2 1948 1945 ;■ 91 104% 104 ' . F-A . 175 82 .75' 109 107% *106% 107 Va F-A i> 4 121 103% '105% 106% M-S i960 ;_.Nov ' A-O t • 123% 111% 116%i A Ref > 55 " f-'a- • 117Va 118 124 117% #112% 112% 119 118% *119% 119% : r; 114 114 -1 A Ref 69% 61% 55 >42 ' J-J - 60 55 64 *50 .1956 __ . 118 114 A-O 1981 Corp 125% 113% 119% 113% 113%': F-A .1965 3 Vis debs A Cent Branch U P 1st gold 4s_ - < 1999 2.5%)..: A 7s extl water loan *55% J-J 125 118% 119 - J -J .Z-195I gold 4s 108 107 J-D Can Pao Ry 4 % deb stk perpetual— Carolina Clinch & Ohio 4s_ 1965 & Adir 105%' 105 J-J .V I—..1955 Celanese Corp 3s debs lASan Paulo 103% 106 v 107 48 1957 f__ J-J 1970 .Guaranteed gold 4%s 40 A-O Oct 1969 103% 107 •.. M-N 196G 5s Guaranteed } gold Guaranteed ■5 54,;.;#: ■ Guaranteed ! s 2.375%) s -Sold -jf-N - A6%s extl secured Range Slnee January 1 Bonds - J-D 1974 Canadian National gold 4l/2s ( Guaranteed gold 5s Week's Range Friday Interest ' , M3S....1976 gtd 5s A . Period to J '* 4-4933 New York Stock Exchange reduced ; ZZ 5s Power 1st Calif Oregon Power 3%s Canada Southern cons (Int High Low at L California Elec BONDS January 1 ,M • lst*4s Bush Term Bldgs 5s Members New York Stock Exchange- Telephone—DIgby Terminal No. depositl.IIIII ^Certificates of £.-/ (interest I A 1st Ss Coll 5s Bush Bange Sine* Sold High Ry—.,#4 3% to May 1, 1947) due.., ♦Burlington Cedar Rap & Nor— ■ Bonds Bid & Asked Low #. 11 ■ 110 111 105% 107% •102%-104% #'*>; *107% 108 102% 105% 100% 103 101% 104% 104% 106% #* 108 y-' ' \ K ' ft" S;101 51 100% 101% T r 102 .102% 104% 1041/2 ■y/v ♦ 21 10 , ■ RANGE BONDS . Interest Last Period Sale Price or A A deb non-conv Debenture 4s— Debenture — 4s .1955 7 c . 1st 5s J-J ... .IMS Lack 6c 1st / & ref 5s • 102 /102 : f 5s- s Detroit Edison 9774, 54 98 16 3A 547i 1874 21 567a ■48 48 4874 48 9574 98% 93 3% 987a ♦1027a M-a 1976 887a 92 92 101% 100 — 100 85 Va 90 *102 10274 10274 103 105 10574 ,1027a 1027a 1027s J'J Laughlin Steel 37iS—1961 Kanawha 6c Mich 1st gtd -f:^'4,r:;->'-: 73si4 .10.774 116% , 7": v.* V '■ • 46 - ' ;7%ZZ^;ZW 6%' .".. 6% '7 y* ;§3%-; 53% 79% 80 108 108 1 " G_—1966 •'1-106% *108%" 107 % 1970 Detroit 6c Mackinac 1st lien gold 4s.l995 ASecond gold 4s L. 1995 ::Z- 107 y« 107% ! *60 ; . •Z 1961 *50 1" ..•_ ,•„_: B—1976 Z ISADul Sou Shore 6c Atl gold 58—1937 Duquesne Light 1st M 3s —1965 106% 61 108% 92% ; 32% . 23 106 57 26 32 8374 10774 997a 104 105 107 3/4 122 123>i 10174 102 3/4 .103% 3-J J-J *63 { 65% 71 72^ J-J *107.; 10® 108% J-J *112 112 112 —1961 J-J ♦105 Kings County El L 6c P 6s; Koppers Co 1st mtge 3s 75 ^..1997 A-O 180 1964 A-O 188 107 .{AKreuger 6c Toll 5s ctfs . 53% naMt 120 y* 91%; 98%. 5 15' 32% 106V4 4 .. 85% 1047a 1047a 10474 4 • 707» 1961 —1959 M-a unguaranteed >4%s ; 45% ,.„■?. 92% i. 10474 102 3/4 ; 71 76 7a . ..'74 A-O • 109. 110% 106 % .Z Z''" 64 AhO A-O 1974 Central* gold 4s.—. 1987 Kentucky & Ind.'Term 4%s..„—.1961 Stamped ——1961 106% 109 - 75 7a •7^ 7a. v' 74 Kentucky 6%.^ 29% .42'A 76 . $ ; . 107% 109% >- •. A-O 1975 ,1st mtge 4s sen A Kansas City Terminal Ry 2748 29% 7 280 • ; ■- 18 *105 Kansas City Fort. Scott & Mem .-'j 48% ; 37 A-O gold 4s—1990 Ry—■ jARefundlng gtd 4s 1936 ACertificates of depositi— Kansas City Southern Ry 1st 38—1950 - . 22 1965 Detroit Term & Tunnel 4%s_ Det Tol- 6c Ironton RR 23A ser 96% — 56 48 Plain — 100 21" ..1956 J-D ' Z Gen 6c ret mtge 3VsS series Gen & ref 3s series H r 1067a ! 567a Jones 8c 27' —• - 4s series P v 9874 54 1952 James Frankl 6c Clear 1st 4s—1959 w„ —1955 Assented ARef-3c impt 5$ series B; —-- High ; 95 104 . $5'/ft 104 V * 67% £'1 - a —' .■ 25 *.''■■* 45 4s —1936 SAConsol gold 4%s 1936 {Denver 6c Rio Grande Western RR— f /;■ ' ' consol SiV: A General - 89% 1077a .1973 {Denver <fe Rio Grande RR-^ 5A 1st 1.067a ser Light 3s 1047a *95 .1986 Jersey Central Pow 6c St 27»S— ..May 12042 & 7 1077a 102 —. C..^. 19.73 mtge due—ZZ--.1993 .7.Morris & Essex division Delaware Power , 102 *103% ; 103% 104 '• 94% 957« f t AIncome i;'» Coll tr 4-6s— imp 2728 ser C. 6s series A gold 5s series C i—w—1956 SAInternat Hydro El deb 6s 1944 Int Rys Cent Amer 1st 5s B 1972 - 1965 :•> - *99 7a ..1950 Low 9 AAdjustment 6s series A—-July 1952 ,7 1965 Western div- M No. A 1st 5s series B_; 43 7 High 1007a 101 *;A 1st 45 43 1975 Deere 6s Co. 2%s debs 52 46 74 43 6c A 1st 61 46 100% —1970 Range Since January 1 Sold {International Great Northern RR— 86%t i: .1946 Ref 1087s 101% 106 : ; 557a Bends Indianapolis Union Ry Co— 75 • 1037a 48 *82% Delaware 6c Hudson 4s extended 1963 Delaware, Lack 6s West RR Co— •77" Y >36 42 •;/ *43 ... Dayton Pr 6c Lt 1st mtge 2%s. Dayton Union Ry 3748 seriea B N —7 1037a 48 —1952 receipts A7%s ser A deposit rets a 6s ser B deposit rets— 76 ••V — gold ADeposit 33 Illinois Terminal Ry 4s ser A. Ind 111 & Iowa 1st gold 4s 76 .- Friday's Bid A Asked Low High ; 35 1st 5%s... -1942 receipts RR NO, : '103% 104 *102 y Low r/.Z ZZ *36 10374 ujL Sold High •:' r ±.-t. " *36 -1956 Northern Ry ADeposit A Cuba *36 • Consumers Power 1st mtge 27as_ -1975 Continental Baking 3s debs—. -1965 t A Cuba Low or Range Slnoe January 1 - 4s.— .1954 <— 6 Week's Bang* Bonds Friday's Bid & Asked f. {AConsol Ry DEC. Week's Range Friday New York Stock Exchange WEEK ENDING FOR 10378 27a 103 1097a 1037a 43 10274 27» . 13 17* 27a :•;••'• ' • 5%. i 54 ; '104% 106% L J-D *1003/4 10274 —1997 *37as registered^. 1157a; 99 J—1997 J-D v.«— 98 104 '79 i 79 66 11574 Lautaro Nitrate Co Ltd— A 1st East Tenn Va & Ga Div 1st 5s (NY) 1st cons gold 5s 1956 Electric Elgin & *155 1950 Auto-Lite 2748 debs Joliet *120% 1995 Ed El 111 *101 inc 4%s series A mtge 3Vis ser E 1st cons mtge 3 Vis 1st cons mtge 3Vis 1st cons 2s > Ohio ser 111 111 2015 80% 1964 ser F *97% 937a 1990 G ser 1954 F-A 102% 111 5s 111 * 5s 2000 H 81% 75 93"% 1964 ,„, 5s (B F) General 5%s General * 5s series 66 74 106 V* series 77 2%s.l965 1947 *35 C ,—1973 D A-O series A A-O —2000 129 3/a 99 94'/a 86 917a 967a 95% 99% , 65 79 *102%TO31/a 102 1027a — 81 104% 104% 2003 iS, 96 — 10274 106 11174 11* 102% 99 104 98% 101% • Corp 1st mtge 3s Hudson Coal 1st s f 5s series, A: AAdj M-N .1949 *89% J-J 99 9974 104 135% 150 — 95 100 99% ."75 7a '110 7110 > A-O • 1097a 58% 567a 45 5774 ■ Prior lien 5s series *100% 10074 • 4 10272 103 957a Prior 55 A Cum 92% /11 yy 4672 49 111 40 867a 873A 27 79%t J-J 1962 1962 .*79 / i&k 69 A-O • ' •• 71 Illinois 1st Central RR— - j gold 4s—; - " • - i J-J *101% A-O *100 Refunding 4s Cairo M-3 \ A-O ......—1955 ' M-N —.—...1952 Purchased lines 372s ' 3-J Refunding 5s. 40-year 4%S '■* " M-N 1955 6770 • . '• "i;\" 9 J-J F-A 1951 3-J 1951 3-J Springfield Div 1st gold 3%s 1st gold 4s Registered 1951 J-3 Gold 3%s Western Lines L & 1st ref 5s series A N 130; . O— 1951 to. /■J;-. 6 *99 108 .[' *jy' * 88 . * 119 2 96% Monongahela Ry 37»s series B—..1966 Montreal Tramways 5s ext ; 1951 Morrell (John) & Co 3s debs—;—1958 Morris & Essex 1st gtd 3723 2000 104% .108 7a 91%-' :■ 106 108 102 "102'- *977a "2-. ■; " 93 727a 1027a 97% • 967a 106 937a 103 9374 Constr M 5s series Constr M 4 TjS-series B— ^1955 72 MS 7 75 747i ... 72'/a 18% : . 98% ,'t MS 74% F-A :i':l 667a 103 657a 1023/4 *5 '•> : M-N Af-S .M-N < 94 103'A 100 -102% 593/a 60 Va. 9874 62% '■ 63 -< 70 977a 1 i 71053/4 1067* 697a 6174 •; • 72'v ?7;.'2-:i *10374 J-D M-N 1947 75 46% 57 10374 10374 ■i M-N . , 103 14% 169 *105% i." J-J 7 103 I 68 ;;s ■250 75 6474 65% 124 ' 72 Va 7 F-A 102% 23% 364 ;. 21% 747a 7 I'"';' ». 68 '••-■ . . 7274 A-O Mountain States Tel & Tel 2783—1986 Mutual Fuel Gas 1st gtd 5s n- 63;? 417 287a .327* M-N . :-iI 75 - M-N . —__1955 A-j 72 - , 103% 745/a 55 20 8974 40 5874 833/4 5 ;» 6574 977a 102% ' *— 105. 10274 97 . . 103% 'r 103% 10674 • *937s""—yV *9874 *1007a F-A — *997a 1017a 101 101 /.■■■•/. •■■• - j ■■. 98% 1067a 90 1057a Nashville Chattanooga 6c St Louis— 79 106% National Dairy Products • 1963 1963 J-D ' J-D J-JD 88 847s 77 91% 86 F-A J-D ~A-0 76% 102 • 80 7074 9674 * .1986 2%s debs_1970 National Steel 1st mtge 3s 1965 1st mtge 3s ser B 1963 1st ref mtge 108 106 -hj, F-A MS i 1981 Moh'k & Malone.lst gtd hold 4s_—1991 107 99 " 96 Va .11478 66 w • 1965 1975 1977 ref 5s Series F A 1st & ref 5s series I 917a i08 88 2 1013/4 ,7 69% — 1st & ref 4%s series C D ; 957a 3-D J-J v i;f,.'i6- 9574 1950 1951 ser 99 74 77' ""18% 3s 4s 977a 95 ■10174 101% 9374' 10474 100% 1047a & — — ;i.;Alst & ref 5s series G_— —1978 'j AConv gold 5%s 1949 Alst & ref gold 5s series H_: 1980 : --1 99% 100 Div 1st gold 3s 1951 ' Louisville Div & Term gold 3%s_1953 ' Joint *68% HQ .10074 ' y-'-yW: M-N Litchfield Chic St 104 F-A Bridge gold 4s El Ccr.t ard *102"-:.- ...1966 ... Omaha Div 1st gold 3s St Louis Div & Term gold • 1 ; 1951 Extended 1st gold 3 7aS— 1951 1st gold 3s sterling 1951 Collateral trust, gold 4s——.—1952 Collateral trust gold 4s„....—1953 • <' /-J — ? A 1st 1 V 1951 — 1st gold 3%s ;■:» A General 4s J-J 84 101 68 . "■•'15 ; : A 1st & ref 5s series A ; AZ.1981 series 1067a 75 1 697a J. 73 . 87 7 *9% 7/ 69% J-J 7 J-J adjust 5s series A—Jan 1967 {Missouri Pacific RR Co— Tdlep 2%s , 8074 • Illinois Bell 97 ,. 87 J-J 927. .. 1083A 113 547a J-D J-J , 108 107 96 10874 1083A —1978 4728 series D lien 102 1017a ;*_.- * *50 103'/a 1119 .;??*• 287a 207a 20 RR— A 40-year 4s series B r 108% 9974 102 102 1990 Missouri-Kansas-Texas 104 104 *10472 1057a Jan 1971 Jan 1991 80 3A 21% mtge 4V2S inc ser A 4s inc ser A AGen mtge 94 1137a 21%' 22 74 * F-A 1st Mo Kansas & Texas 1st 4s 75 10374 i Minn St Paul & Sault Ste Marie— 1047a 10474 987a 7974 '81 . * M-N 1957 Feb, 1957 income 5s 100 74 *135 7a 1962 J ,C J-D Hudson Co Gas 1st gold 5S ; Hudson & Manhattan 1st "5s A ,7 *100 J-J 66 71 1959 v 1966 Metropolitan Edison 1st mtge 278S_*1974 Metrop Wat Sew & Drain 5V2S 1950 t§AMet West Side El (Chic) 4s„1938 Michigan Central— : Jack Lans & Sag 3%s ..1951 107'% 98 (Southern Lines) 4s AManila RR 1047s 100 , 8774 - Mead 103 101 gold 3728 — 1952 & impt 4%'s series. C_-—„_1979 Michigan Cons Gas 1st mtge 37aS-1969 t§AMidland of N J 1st ext 5s—.1940 " Jf-3 ; 89 3/a 71% —1960 •1st Hocking Valley Ry 1st 4%s——1999 {SAHousatonic Ry cons gold 5s. 1937 ; Household Finance Corp 27*s ...1970 105 94 95 ♦1117a 114 Jf-N I 7 ,-'Ref Hackensack Water 1st mtge 27a«—1976 107% 113% *10374 A-O -M-a G ser 1047* 10474 .• 1st mtge & coll 4s ser B 1954 Manati Sugar 4s Sink fund__Feb 11957 li,my 104% 10O 99 99 82. 99 , 1st & ref 3%s series D—— Gulf States Util lfit M 2%s"Z -•106% 1067a A-O 10674 : Maine Central RR 4%S ser A. 17%' 7 81 MS 1077a: 120 1037a ; 1966 2003 —1980 2%s 1077a 1037a 114 . . *104 74 1047a RR— 118 107 103% 104 114 A-O ...1955 ref M " 104 1037a 104 114 : —1963 ;■—— i_; 118 10374 — 1007s 87% ..... 1027a 120% 107. 95% *95% Gulf Mobile & Ohio 4s series B. Gen mtge inc 5s series A.— 136% 11474 M-a 5s__.——.1951 94 7a. 74 128 11474 1147a *118 Z 140 3A 87% . Bay & West deb ctfs A. B 40% -1 1347a 993A 107 95% ' Greyhound Corp 3s debs 62% 73 Va 120 100% 100%: 1982 Gen mtge 2 7a a ser Q ...^..—..^010 Gen mtge 27«s ser R -.——.^—1961 ctfs deb Co debentures & 69 *127 %>'--' — 114% M-N gold 3s__: 1st 60 74 M-a Atl Knox 6c Cine Div 4s— 102% 1Q2% 132 % , A-O 1962 1st & ref M 33/as series F 115% 122%; 122% 122% 100% 101 - —1990 — M-a (P) Louisville & Nashttille :: "5 64 35 Va 49 ":-Z'74 . F-A 1057a 117 *129 —1976 ' A Debentures 89 487a 33 357a • 42 M~N 96%' . 31 r 95 437a *36 3/a 8774 ' .... j; Louisville Gas & .Elec 3V2S 71; 101% 397a 413A —2003 171 40 3A i-N 2003 • St Louis Div 2d | U7 Gen mtge 37as ser N Gen mtge 3 Vis ser O Gen mtge 23As ser P .." A Green ; 78% 101% 102% *102% 103 38 Jf-N 2003 2003 i——2003 stamped modified 3s 75 B. ^General 4%s series - *101%,^ 99 16 Little Miami gen 4s 1969 1st mtge Grays Point Term 1st gtd 5s Great Northern Ry Co— 83 21 1956 Co 96 "2 847a J-J 1974 A4s conv inc debs 993/4 < 93 F-A 106 - 68% 85 Lehigh Valley N Y 47aS ext.... Lfthigh Valley RR—£ 4s stamped modified Lorillard General ; Leh Val Harbor Term gtd 5s 100% Long Island unified 4s_.—...—...1949 Guaranteed ref gold 4s 1949 4s stamped 1949 Goodrich 87 847a Lehigh Valley Terminal Ry ext 5s_1951 Lex & Eastman 1st. 50-yr 5s gtd .1965 Liggett 6c Myers Tobacco 5s ,1951 of Berg Co cons 5s——1949 Realty & Utilities Corp— 87 *— •v- stamped 5 Gas & Elec *85% ■ 102 65% 106 5s ACertificates of deposit Francisco Sugar coil trust 6s U;- 100% 100 v 90 106 Firestone Tire & Rub 3s deb__.—1961 {Florida East Coast 1st 4%s 1959 A 1st 8c ref 5a series A \i F-A —1974 4s registered'. 47as stamped modified 4%s registered f *8574 108 100% *100 »- 937a 100% *105% *100% "Z Z 10274 — ..3>;. 91% 101 Diy 1st mtge 374S--——1971 ; 983/4 n 9874 100 106% 93% 1953 r.' 103% 103 ~ 7:,/7; '\/7 86 V" - F-A 1964 stamped—— 7;: •7799 3/4 1954 stamped 1st & ref sink fund 5s—- 124% Deo "s; !J 1st & ref sink fund 5s 127% > 79 A-O 1st &.ref sink fund 5s—— mtge cons 1970 106% stamped.—.....-.,■1965 1st 157 102 105 Erie Railroad Co— Gen 155 101% 1975 Lehigh Coal & Navigation Co— S F mtge 37as ser A Lehigh Valley Coal Co— 120% 122% - *105% 106% East Ry 3%S 4—1970 EJ Paso. & S w 1st 5s —1965 5s -i- :i mtge income reg — - - J •*- iq«;A jf-N 99 98 1033A 102% 1027a 1037a 101% 10574 105 105% 103% 106% *__: 1067a 106 110 105% Monday; December 9, 1946 i COMMERCIAL & FINANCIAL CHRONICLE THE NEW YORK BOND RECORD RANGE FOR WEEK Intersil Last Snle Prioe Friday Bid A Asked . Low J-D oons 5s_* ..1948 ItANew England RR gtd 5s—1945 lAConsol gtd 4s.—1945 New England Tel & Tel 5s A—1952 1st gtd 4%s series B -—..1961 88% 'ZZ'Z:^ :" : High Low No. - J -J F-A New Orleans Term 1st gtd J"J ;,W- " , Peoples Gas L dc C ref 5s. : 101% 101% M '^104%:;.-i — 7 104% v 104% 105% J-J ">> 1 3 • v - 104 103 >; 108% •" • ; 111% A-O , : General gold 4Vis series C__ Philadelphia Co coll tr 4y4s—. Phila Electric 1st dc ref 2%s: 1st ds ref M 2 */*& ■ > - 1st and ref 2%s tNew Orleans Texas dc Mexico Ry— tANon-cum inc 5s series A_—1935 A 1st of deposit— 5s series B A Certificates A 1st 5s A 1st 5Vis ——1958 of deposit. T-o "7 ' - Ref mtge 3%s ser E 1st mtge 3s ser P 109 86 65 - :C7. 88% 7' J 108 106 80 > 106 83% - 83% 104 '■ Series : 95% ■ 107% 75 \ 76%83 % 84% : 70% j-J *87Vi 100 F-A ■»__ : J J-D 99'/4 7 *94. A-0 : 106 N Y Lack As West 4s series A^—-1973. *105 — 110 78% *69% 1st gen 5s series b 1st gen 5s series 1st 4%s series D APittston Co 5% . 96 deb deb" 3ViS——1947 ANdn-conv deb 3%s —-—1954 ANonrConv deb 4s———1955 A-O ANon-conv deb 4s_ Af-N Af-8 1947 __ 66% *39 M-a 4s • 41: J-J trust ADebenture 4s__———-1957 —1940 44% 67% —197T 18% 43% 1st 4s.: __1954 7AN Y Ont dc West ref 4s—June 1992 V J-D Jf-S 4s_—1955 "9%' 9% 5..; 4% N Y Power dc Light 1st mtge 2%s_1975 1st 3Vas,._.,-. ;. ' ^ 73 A-O s, I ^ ' N Y As Putnam 1st cons gtd 4s 1993 N Y Queens El Lt As Pow 3%S—1965 N Y Steam: Corp >'/: > 10% 3 100 151 .t > > >. 101% 101% 2 107 ' § A Terminal • jf-N rv; ____ 1st gold 5s———1943 4-' F-A 15 A NY West dc Bost 1st 4 Vis—1946 J-J Niagara Falls Power 3 %s— , registered^ —1997 T Gen Hen ry & Id gold 3S—__Jan 2047 3s registered————^2047 .2047 —2047 Ref As impt 4% s series A-. Ref As impt 5s series C: i-Ref As impt 5s series D_. —2047 Coll trust 4Vis''—————1975 Power Co— 1st mtge 2%s————-1974 1st mtge< 2%s — —1975 (Wise) ser D—1995 75 '-v- • ■iw «n ■■ , Gen mtge 3yas series I Gen mtge 3%s series J— 42 32% -44% •' 95 ' 1st mtge 3Vis——1984 108% 109 49 17 120 19% 108 V. 9 109%. 77 A-0 A-0 M-a Q-J Q-J Q-F Q-A i-rct* 105:1.106 106 ■ ii. *68ya 96 967/a J-J • 70 101 J-J 100% 100% 102% UJ ' V 97% 99% 69% •36 102 A—1960 Pacific Gas As Electric Co— mtge 3Vis series I_—1966 1st dc ref mtge 3s series J——1970 1st dc ref M 3s series K——.1971 1st dc ref M 3s series L— -.1974 "1st dc ref M 3s series M— 95 101% "100% 101% • Jf-8 J-J - — 1996 .1996 1955 - APrior lien 4s ser A— lien APrior ' moi/. 109 y4 fnniL 106% 104% 5s ACertificates A Cons 100 F-A • ioo > 105% 105% •; J-D r-1' 14 1: 9% 5 11 ; JS 1950 ;— of deposlt - : JS - iri .—1978 ACertificates of deposit stpd U-M A2d 4s inc bond ctfs— Nov 1989 SAlst term dc unifying 5s—1952 J-J J-J A Gen dc ref gold 5s series A*—1990 cons gold 4S.1968 > J-J J-D F-A A-O 105 14% 104 *108% 105% 105%: Scioto V 105 J-J 68% 17% 2%s debentures —1986 Paducah dc 111 1st s f gold 4Vis—1955 Paterson dc Passaic G dc E cons 5S.1949 A-0 tASeaboard All Fla 6s A ctfs—.---1935 Seagram (Jos E) & Sons 2%s debs 1966 Shell Union OU 2%s debs——1971 ^SASilesian-Am Corp coll tr 7s-—-1941 Skelly OH 2%s debs————1965 Socony-Vacuum Oil 2yas————1976 South dc Nor Ala RR gtd 5s—i—1963 110% 110% 105% 111% 105% 100% 111 107% 103% 103% 103% 104 *104 Af-a " *107% trust ctfs—1952 Pennsylvania Glass Sand 3 Vis—-1960 Pennsylvania Power dc Light Co— i 1st mtge 3s —— —.1975 ——1965 Pennsylvania RR—• ^ Consol gold 4s____„— 1948 4s sterl stpd dollar—.May 11948 Cons sinking fund 4Vis___: -I960 General 4 Vis series A .1965 — B— .--—1968 Af-N ... 107 107 108% . — A-0 J-J 2% debentures -—-—1952 page —1986 103 2981. 107% * Gold M-a Jf-N Jf-N ——--i—-—-1981 4%S A-O Pacific 1st mtge 113%; 104% 103 107% • ' : ' Af-N *104%. Af-N *104Vi 103 * ♦ . Devel dc gen 4s sefies Devel dc gen 6s__'il' 105% 104 — J-D 113% 115 J-D 120 113% 113% 114 102 113% 114% 102 102%' 100 100% ,. 106% . 119 •' 129 113 128% 9 120 139% ; .65., 11.2% 135%; ' 112% 135% 111% 29 119 2 101% 99% 107% 86 84% 93% 10 91 97 39 116 145 J-J 119% 120% J-J 116% 98% 100 .,112% 112%' : 116% 117% *— J-J 107 102% 101% 47% 3 122% 6 J-J *— Jf-N 103; 103 y4 97% 97% 109% 100% 26 105 y4 135% 104% 101% 101% 47% 47% 105 109% 123 Va 110% 128 23 124 97% 103% Jf-N 98 107 '42 v :*i05y4 106% J-J Apr 196® 90% 105 '• A-O 1961 35 92 .——1956 Sunray Oil Corp 2%s debs 21 91% F-A Swift A Co 2%s debs— 106% 92% 110ya 69 86% ; 99 112% deb 2%s——-1971 90 y4 143 : 99 y4 J-J A-O (N J) 108 y4 97% 93 87% 2%s debs—1985 Standard Oil 114% 93 118 108 105% 106 »/4 98 ya ASpokane Internat 1st gold 4%s—2013 /Stand Oil Of Calif 2%s debs—. 1966 Southwestern Bell Tel 94% 98% 97% A-O 6yas_— —1956 Mem Div 1st gold 5s—————1996 St Louis Div 1st gold 4s——-1951 100% 100% 100 106 V* A-O dc gen 106% 112% 1 97% 160%: —-1956 A 15 21 •> 94% 91% 131% 26 9 • . 120% 107 104% ; -- 119% 119% J-J 126 — J-J 2%s ser G—-—1961 • 94% RR Co— 2%s ser E-———1986 1st mtge 2%s series F————1996 1st mtge 125%;; 102 ya 103 F-A A-O 99 ? ' 100% 101 J-J , Devel A-0 98 59% 106% 107 106% F-A Southern Ry 1st cons gold 58—1994 J-J *126 A-O 3s debentures 111 54% 103% 103% General 4Vis series D_——-1981 wtge 3 Vis ser F— 63% 108 108% *i08y8110% Gen mtge 4%s series E——1984 58% J-D A-0 ' 98% J-D Southern Indiana Ry 1st Southern 1 ; 90% 16% "',25.% 66 ;::95% 97 y4 •;>."97./.; 101 : : 56 .,/ 80 100% 105 ' 97% 100% >101% 101% J-J ——1979 —————1985 mtge—1994 -Southern Pacific Co—1 ' ' 1st 4%s (Oregon Lines) A——1977 Gold 4%s ——1969 J-J A-O *— F-A San Fran Term 1st 4s——-1950 Pennsylvania-Central Airlines— > 3Vis conv Inc debs———-r1960 Pennsylvania Co— 97% A-O " 96 *93 J-D Southern Bell Tel dc Tel Co— 105 100% 101% 103% 97%101% 17% 105% 106% 101 ■? 73% F-A 105% 106% 106 99% 100. > J-J 105% 106 " J-D / A—... .———1998 A Gen mtge 4%s set A-j—.——2016 1st. mtge. 4s ser ; 129%: 132% 109% 105% 105%: J-D /• ' ■ 109% 105. >105% 106% U-M 1989 N E 1st gtd 4s Seaboard Air Line. RR Co— ...107%. 108% ._ J-D J-D see ■ 11 / v 49 • 9% A-O ;St Paul Union Depot 3 %s B_——1971 ; J-D footnotes 48 • mm J-J of deposit-——— series B— L^_1950 4%s series A— M . tSt Louis-Southwestern Ry— ! >: 1st 4s bond certificates-/*.—1980 106 100 . 29; I; 108%.; 100 i6^:;i7; -.!'> 104% 105% ►iooy4 ioi; A-O 1st dc ref mtge 3s ser N———1977 Pacific Tel dc Tel 2%s debs——1985 - For "mm \ Jf-8 gold, 5s Rocky Mt dc P 5s stpd ACertificates 105%;;: 106%>;r "100% "2 lOgVi v . J-D Gen ■ V/': -; > s. tBt Louis 8an Francisco)/ Ry— 110 , *99.% 101%- F-A A-O 1979 Conv deb 3%s 88 J-J fit L / 1st dc ref • • 115% 49 \ JS 90 y4 90 14 •' 94% v.' series mm mm*.)',}.'- Saguenay Eower 3s ser >92% 112 94% 112 97 106% 28 99% rn-c. :|4 24 gold 6s_ 101%. 122% : 97% , 101 A-0 ser - 5s 96 11 . - *108% 110% ■ St. Lawr dc Adir 1st '127% 105 1. 68 J-J Oregon-Washington RR 3s — General m*-'- mm -i 49;; 1934 tIASt P dc K C Sh L gtd 4MiS—.1941 4s—ikiL-———1948 debentures - >107% 1969 St.Jos dc Grand. Island 1st 4s——1947 69 % 71! 70 Vi 138% 143%: : 25 -101% 102%" 70% MS f 95 105% 101% 104% 25 V- 35%,;,7l;^ :;a3 r t.-'r'i. Af-S Ohio Edison 1st mtge 3s_———11974 1st mtge-2%s -———'-1975 Oklahoma Gas dc Electric- 2%s——1975 3s s 251% 240 132:143 f Ogdensburg dc Lake Champlain Ry— Gtd 4s series E .*125% *108 %• . ISt Paul dc Duluth 1st i. 107% 110% 160 165 . 5 59% •57 ■;i. ;• t A Rut-Ca nadian 4s stpd——_i__1949 t SARutland RR 4%s stamped——1941 ; guaranteed ■ — 97 97% >*103 >•:>'—->:/,> 103% 103% J-J 1967 tSAR I Ark dc Louis 1st 4%s 100 f A 1st >j {Rochester Gas Se Elec Corp—; Gen mtge 4yas series D—**-1977 ? / Gen mtge * 3%s series w 1067 : • 97 Af-N A-O -- (Minn) , 1st dc ref 3yas Alst cons dc coll trust 4s A—.—1949 ; > Northern States *mm A;:/;, ' Northern Pacific Ry prior lien 4s--1997 4s f — , Gen As. ref 4Vis series A———1974- * 108% 104 ,39% »■ 96 18 ■"i- • — . 45% 108 108% 112% v, >/r Norfolk .Southern Ry Co— A Gen mtge 5s- conv-. inc —2014 " Norfolk & Western Ry 1st gold 4s_1996 North Central gen & ref 1974 ., i . 18 > -*■„ >18% *162 K ;>/•—• Af-N - •*_„ US 1966 > 104% 107 y« /' 2; *.'r> 35 •• F-A mm 101% 102 Revere Copper dc Brass 3%s_ ..I960 |SARio Grande West 1st gold 4s—1939 / ' ; 15% 106% 90% 73 : Reading Co > '26% : 101 __ 39% J-J; , 113 108 *•••. ■ 107 16% ■ - 105% 105% 105% J-J r-1963 Y Susq dc W 1st ref 5s——1937 § A 2d gold 4 Vis. 1937 § A General gold 5s__, —.,1940 mm'' ■ *106% 108 ;j;>, • 81 4%; 9 *105 J-D 105% 112 mW *109 Va J-J .—2037 8s. *16% 119% *95 110% :'Iv 102% 99 15 iyo4%;',;-I;/;|$t! Quaker Oats 2%s deb. Ill , 9% ; •.'""••73.... 73;.:; U-M ii AN 78 .5 mtge ■mmm / , ; ' A General ref Af-N •■: . 100% 100% 100% J-J —1972 >- II *118% •• 50% 37 ■ ■k* r 93 1 ; dc —1968 —2037 5s. 102% 88 103% 105% 127 127 83 66 Va '17 '• . 101 y4101% ' M-S > > ">: Jf-N ■ .38% 19% ; 42 mtge 88% 102 Va iS mm mm ;• ; Af-8 ref ';> 6! 127 Af-N dc , ■ 106 103%. 88% 2 v 105 102% 106 — t'vf* i.; F-A .—1957 92 *103 J-J Public Service El dc Gas 3y481st dc ref mtge 3s 75 • M -N J-D 103% 78 , J-D A 1st dc ref 4Vis series of 1927J-1967 11A Harlem River dc Port Chester— 78 •30" > 46%;; 66% J-D • :'mm F-A 1974 1977 2 20 •" 90% 90% 90% -91 • - i-'S:.1 ;/ ;/.?/ / 58 '/ 104% 99% 75% 30 -32 :*-;32 ; J-J t A Collateral 1 39 39% .39% ; ,41 %;•;': 38%. 39% J-D 13 // 3 75- C 30% r .- A-O V a A Conv deb 6s——————1948 6S—— 38 J-J ———1956 ADebenture certificates 3Vis 1956 -39% . 58 : io'> , 102 Mi 90 : 134% 126% 135 4 104% 104% 58 '^/v 122% 125 . 7 V (100% 100% 104% 106% 120% 123 mm - 77% 33% ' 38% i — A-O t A Providence Terminal 4s— .—1956 103%" *103 J-J t A Providence Securities As— -mm mm mm 102/; 102%.,, A A-O s 1962 . 1st mortgage 3 y4s. * mm'-' . 105% 120% 120% , >•123 >'• 123%>;') J-D inc deb. 1st ANan-coilv - *...1966 IN Y New Haven As Hartford RR— A Non-con v J-J .1959 : 1st • .... C Potomac El Pwr 1st M 3y4s. 118% 87 J-D ' 109 • 21 105% 116% : :>'*.;;:V125 102 J-D t ,, : '26,.--: - — mm A-O -1950 • 10J/a 102% *116% 119 : *.-' 124% .»>:> U-M if >; 1st mtge 4%s series B—— < 104% *109 \ r- A10 1st mtge 4%s series C -I960 Pitts Young dc Ash 1st 4s ser A1948 105 82% : Af-N —___1973 7; 115% 115% 105 119% . 1975 -1975 —1950 Pitts dc W Va 1st 4%s series A_ 1958 ' 106% 106 *104% 112% J-J Af-N B————2043 *104 J-J v* ' J-D ; > 100% 106 -1970 — 'r mm mm 1071Q7 . 9% 3 . ♦103%'- I.,-_ mm 102 13 Af-N Pitts Steel 1st mtge 4%s— 1st mtge 4%s series B : • 105% 107 107% 111% 106 y« Af-N N Y & Harlem gold 3%S——__—2000 Mtge 4s series A——.—.—2043 / 102% 107% 107% F-A \ 99% - 105% 105% J-D N Y Gas El Lt H As Pow gold 5s 1948 Purchase money gold 4s———1949 •*. 98 103 y4- '103 .• 106 mm mm In .103 4 108 103 23 11 f ■ F-A — 93 y« : 11 142% ; 125% 135;; 105% 108% 9 103% 103% 103% F-A Pittsb Coke dc Chem 1st mtge 3%s.l964 Pittsburgh Consolidation Coal— 3%s debentures 1965 • 97% 93% -94% 100% 100% F-A A-0 t 98 99% ! - A-O 1st lien As ref 3%s series E——1966; 80 ;r*98-ni 98% A-0 N Y Edisoh 3%s series D——.—1965 76 ; mtge 5s series A— Gen mtge 3%s ser E 95'- 73% •—'- 87% - 1975 -——1951 75 . T-A F-A ..1963 ■ 9 : j, 98% 105% W. 137 I - 103% 83,„ iodV; io7^i'V: 59, 103 103% >? 102% 102%' • Af-N 1957 — Gen mtge 5s series B : ' F-A ser B 7 v 103 106% 94 36, : A*—-,;:! 106% 107%?: ; 103% r J-D —1953 cons Gen 109% 77"" 100 : f 87 97 -::' F-A ! .1998 . 88% • •: 77% F-A J-J guaranteed 4%s—1964 Pgh. Cine Chicago dc St Louis RR— 114% - 4%s cons — „ I- guarantee^.. I : .- *125% ' • U-JV . 8 y ; 102%, 103' U-M 1964 >■> *—';<:'133"^ i J-D 1937 102% 62% 15 65 ,/ .38% *106% ,. - J-Jf 1967 guaranteed gold 4s Series J 102% 90 93 f . 1974 - - ' 98% 80% 92% v;: Series v 99% 65 73% 71% G ■%%; ; J-J 1977 •! Series H cons guaranteed 4s——1960 109% 91% F 4s Series > F-A BangeBhMS January 1 Low Biglh Sold No./ High 38% F-A Pgh Cine Chicago dc St Louis Ry— Series E 3%s gtd gold. ;1949 - " v 84 88%- 87 A-0 —1986 B-— 7 83% 83% J-J Z .—1980 1st gold 4s ' A-0 ———1998 3Vis registered—-——-. New York Chicago dc St Louis— Connecting RR 2Vis • F-A Mich Cent coll gold 3%s_——1998 series 85 81% 52 .. i 4Vis II 90 • —— ———1954 3Vis registered-——: series 85 84% 94% deposit A of PA N Y Cent At Hud River 3 Vis—1997 < 3Vis registered-.: —J —1997 Lake Shore coll gold 3 Vis—-—1998 Mtge- 4s 85% 73 * 87 Bid * Asked v.*l02 " 63% ■' 38% • M-a .1971 ———* ;■ Bends Friday's or ... ,■ Apr •> .1961 , t8 A Philippine Ry 1st s f 4s__ ACertificatesof depositPhillips Petroleum 2%s debs. 92% 80 : 83 f-a N Y Central RR 4s series A —1998 Ref dc impt 4Vis series A—2013 Ref At Impt 5s-series C. 2013 N Y Dock 80 •— deposit. series ACertificates N Y r' ' 80 . 82% —— —1956 — of 4%8 series D A 1st , £o 1954 of deposit ACertificates , — — C series ACertificates •< A-O - A Certificates ■ A Income 4s_—_-*.______^Apr 1990 Peoria dc Pekia Union Ry 5%s .1974 Pere Marquette Ry 3%s ser D—. .1980 Phila Bait dc Wash 1st gold 4s— ' General 5s series B___— .1974 <$» ';U77'■ 107% 110 VfK 6 100 -108 ;• ' ui*i 1960 , 118 " ' 118 .,v J-J ,4s—1953; 3 194T Peoria dc Eastern 4s ext. 110% 88% 105% 87 103%1 V'. 108% 114Mi 122% 127 ya ' . • Last Bale Fries Low : „ Week's Range Friday Exchange High , 106% 2 18 ; 87-^ V': *105% 107 MS . 109% ; ^:;i22%i23ya <•**->Vl20:^.;y Af-N N J Junction RR gtd 1st 4s-.---.1986 New Jersey P dc L 1st mtge 3s——1974 New Orleans Great Nor 5s A—1983 N O & N E 1st rel & irtip 4Vis—1952 ' 109 109%^ J-D 7 91 88 Vi *Jw: >' . Steck January 1 Sold. 106% 106% • — J-J York Interest Perlet New Bonds / Bangs Sines ; ' Newark Consol Gas V BONDS Week's Range or Friday's Period BONDS , N«U York Stock Exchange ENDING DEC. 6 107% 44 10 67% 104% 107 V* 47'' 25 97 Va 99% 103 ; 103 y4 102 y« 106 FINANCIAL CHRONICLE;., THE COMMERCIAL Number Volume 164 & 2981 . NEW YORK BOND RECORD Week's Range Friday or Friday's Last"'" X00-K BONDS Interest Exehange Stoek York New Low , . Range Sinoe January 1 1 Sold Week's Range Laat Sale Price or Friday's Bid & Asked . ' ; ~ Low < Bonds , Range Slnee . January 1 Sold High High Low No. High Friday taterert Period ;,V-: v-'-VBONDS ' New Yerk Stock Rxehuagu • Bonds Bid & Asked Sale Price Period DEC. 0 FOR WEEK ENDING RANGE ' No. High Low w-mm 1 Ref & imp M '4s ser C ? Ref & Imp 27/as series D Texas Corp 3s deb /(A . J-J 1985 A-O 1965 M-H t™*__ __ /v 103 J 108 ,1st mtge 3%s ser B &, ref M 3Vis ser B 1970 A-O — 1st & M 3%s ser C 1990 A-O 96%' ref Texas & Pacific 1st 2000 J-J Pac 101% 102 101% Baking .Co 5%s debs • ' W Hsubsordinated) ...1970 Warren RR 1st ref gtd gold 3%S—2000 >' Washington Central Ry 1st 4s 1948 Washington Terminal 2%s ser A—1970 Westchester Ltg 5s stpd gtd 1950 iGen mtge 3%s 1967 West Penn Power 3%s series I 1966 Western Maryland 1st 4s 1952 Western Pacific 4V2S inc ser A 2014 : Western Union Telegraph Co— 101 ,106 98 •' ,. 152% 127% ^♦127%130 J-D 1985 gold 5s Gen & ref M 3%s ser E Texas Pacific-Missouri— 93 96% 94% -1 Tenn RR of New Orl 33/«s__1974 Third Ave Ry 1st ref 4s J-D — J-J 99% " AAdj Income 5s Jan 1960 Tol & Ohio Cent ref & impt 3%s 1960 Trenton Gas & Elec 1st gold 5s 1949 A-O 57 ,v Trl-Continental Corp 2%s dabs MS I960 MS 1961 "100 __ ,110 /101% __ te 105% .'J ."jLC:" l'".I .• 1950 ..1951 real estate 4%s :£ 125-year gold 5s ; j Funding & 2% i Electric Co of .1971 mtge & coll tr 2%s tSAUnion Elev Ry (Chic) 5s .1975 A-O .1945 A-O Union Oil of Calif 3s debs .1967 J-J ; Mo 3%s_. 1st K2%s 109% *111% 112% M-N - 102% ;*102 % 103 34%i *103% ' 103 J-D 105% 10115 104% 102 107%* t:§ A Wisconsin Central Union Pacific RR— .1947 J-J .1976 F-A 103 Ref mtge 2%s series C United Biscuit 23/4s debs .1991 MS 1966 A-O ^ JOlJSkV. 10115 iom debentures 1st & land grant 4s. .27/8s U S Rubber 2%s debs 1976 Universal Pictures 3%s debs ■' '103 -i 103 95% V- 95% 94% Af-S *• ' V ' ' '' A May %M, 104% . N . 83 ; 84% 83 8514 83% ;";[ 82% 837/a 75 ' " 114 " ^ 113 84% '. '. 84% ' ./H , M-N'^^V', , yV?'s~'. "" ^ *101% 102% 101% * 72Vs :' 68% — .74 : v £ ' Jf-N < - . - v - — u 1 , 76 " 83 Va ' 22% 23% 0%','—'■*": t — 1 115 Ill 111 M-N 115 114 115 .1975 M-S *101% 102 101 106% Va Iron Coal & Coke 1st gold 5s. .1949 Va & fiouthwest 1st gtd 5s .2003 1st cons 5s .1958 MS *100% 100 104 109 123 Virginian Ry 3s M-N Virginia Electric "1st ref & g 4s series A.. .1955 & Power Co— mtge 2%s 109 109 109 . ser B no J-J " ,65 — A-O .1995 * 103% 113 104 "k 104 56 61 , ^100% 102% 1. 109. 110 . ...; .. ,87 % 20% 22% 56 . ^ "' -<■ . range, d Ex-interest; • Odd-lot included in the year's range, r Cash aale ^ ^Negotiability impaired by maturity. tThe price represented is the dollar quotation psr 200pound unit of bonds. Accrued interest payable at the exchange rate of $4.8484. tCompanies reported as being in bankruptcy, receivership, or reorganised under flection 77 w the Bankruptcy Act, or securities assumed by such companies. ■ :';i ; ♦Friday's bid and asked prices; no sales being transaoted during current week. y 99% 115 103% 105% , 90 .58 __ : *98% J-J . 104 ■ not " E ser 102 94% 91 , 106% 109% 99% 104 :. __ """'*^^100% % 1 a Deferred delivery sale not included in the year's Included in the year's range, n Under-the-rule sale not included in the year's range, y Ex-coupon. y/y? F-A .1957 cons f 4s series B— s 101 65 ., 104%'CV--: 104%: 108 104% 13 102% 106 .,*117% — 117 .; 123 .. Cons 109 J08 108% , 63V4 — 100 76 *■'72% — *— • , - J-D J-J 1976.; Vonkers Eleb Lt & Power 2%s -Vandalia RR . .42 . 73 72 72 , , J-J J-J .I960 1st 4s—^..1949 of deposit.: A Certificates 96J/a 116/a 16 _ Jf-N J-D MS ., § ASu & Du div & term, \ , . 108 .108 Va 103% 105Vs *, 102 102% —. £M-S ——" 1st 4s^..:1936 f A Certificates of deposit^———'—.* Wisconsin Electric Power 2%s_: 1976 Wisconsin Public Service 3%s -1971 •I '• . 1 101 99 99% ; *£•>., 99% 101% 104 * * 100% 100% -• 93 %> - : * *99% 100, : W. •..'-V- ■"-i! A: *101% 102 M-N 1959 . <1- .58 , , 'v — , f""101 J-J71 •' 'k; 70 J-J 67% 67 ; #M-S J " **106% %/U~S " *— 1970 ^ MS . • 0 / V •—,v 1958 A-O — „ 104 - Wheeling- Steel 3% series C Wilson & Co 1st mortgage 3s Winston-Salem S B 1st 4s ' '. *101% 103% 103 113% 113% 106% 106% .... — A-O ■ ^—1971 debentures — 104% 101% 101% 101% ,,'.*56 — — 'Wdst Shore 1st 4s guaranteed—___2361 j Registered 2361 Wheeling & Lake Erie RR 4s —1949 I Gen & ref M 2%s series A—T1992 v i 34-,».v,- -•'34' — .1970 debentures 112% 107 [106, 106% . J-D 1951 ; Westinghouse El & Mfg 2%fl Union ... — J-J 1960 30-year 5s 42 ,Vr 95%107% N'«'' • 8 103 ,110%^. L56% . pB /e— 101% 104% ^ .— ,102% 104 2 113V\ 117 2 105 107% 17 106 109 39 103% HI < ;•'i-■ " s102 t.: £0: 83%- 99 10 V " 97 :106% 1 £ '■ 87. ■' ,.87% " , <w; V, j1^4' ': ><87 ' t , 100 96%" 97% 97 . J-D , 110 100% 103 ioo3/fioo% ioi% irf 82% 100 Jf-N ••■,' '-V-' A-O F-A Q-Jf, F-A .. . 88% 104 49 59 % 57 •" 100 J-D 105% 102% v" 99% 100%, ~ 103 103 • r Ward 100% 104% 101% 101% 1st " vh — conv;: debentures 3Via-1978 Walworth Co Texas & New Orleans RR— ■ - Jan 1981 Apr '00 87 87 Jan 1991 -,f Apr '■ 87 VJm"- 87 —.1971 , F-A — 1V100 mtge 4s inc ser, A Glen mtge inc 4%s ser B Glen 109 105 103% ,106%107 . -v>-V Wabash RR Co— . 128^.137%; 2019 Vr y.l,.'•■•i.-rr ••'■Jr ;' 1 Terminal RR Assn of St Louis— A Bonds selling flat. i , 1 NEW YORK CURB EXCHANGE and In the disregarded In the week's range unless they ars the only transactions No account is taken of such sales in computing the range for the year. deferred delivery sales are in which they occur. following extensive list furnish we ' York Curb Exchange for the week beginning on Saturday, and is intended to include every security, , ^,* T i gf ' * ' ' ' * ' # " ' <A 7 '*r ' - 5 ' " " " '' ' DEC. . Friday . '/ ACF-Brill Motors warrflntx Aluminum Acmc Allnvir ■ Acme Wire Co common— A D F - Aero „ 1 Supply Mfg class BJ 2,800 8 Nov 22 v 2ft Oct 30% 2ft 2% 2%. r3% 2,100 -I;i 12 12% 2,700 11 11% s500 3% 500 1 Air Associates Inc 5 (N J)-_ Air Investors common convertible Power 4.20% 86 100 pfd 108 £ Inc— pfd conv (Mich) ii^ 17^ C common. Industries Ltd Aluminium Car American-Bantam American Beverage Book Co American Class A I'} Class 1 Co r 177 " 1 Cyanamid Co common Gas 10 tfi $2 convertible 10 " 65,, M 6 ££ 48%' ipA :: 5 % ;:-;:"''6 l%:f 1% s NOV 52% ; f26 ' Jan 207% Aug 5% Sep " 5% May 76 Oct, 41 43%- " • 5,300 sl% 44 Apr - 1 200 49% 48% 49% 1{ 16 109% 1,100 3 ■ 13%. 14% 20 31% 47 02750 327/a 25 20% 22 v_25 i 28% 28% iv29 5% Feb Nov 13 Jan Jun. Apr Sep7 : Jun ,51 Jun 54 Feb 27- Mach American Light & Trac common 6% preferred American Mfg Co : Co American Metal Products American Meter Co Co_— Dec , • American American Amer : ; - American Thread American Writing Paper common Post Angerman preferred Products Co Inc 12% Dec 16 Nov 57% May 34 36 35% 18% 20 275 31% Oct 57% May 30% Oct 57% May 6,800 11% Oct 2 5% 5% 500 5 % 1% 1% 18,100 1% No.v Sep 55% 58 v' 2,500 'X 43 - Jan • ;r 8% 8% 1,100 -7% Oct 12% Feb 300 6% Nov - 157/s Feb Dec 17% Feb .7 - dep rets ord reg £1 Angostura-Wupperman Apex-Elec Mfg Co new common For footnotes see 13% 13% 13% 100 page pfd 2985. 1 1Q0 13% Dec 4 1 Appalachian Elec Pwr 4%% . 7% 112 7/a . Oct 7% 2,800 67/s Sep 111% 112% 300 111% Oct 7 150 21 ' 54 16% JanJan 91 Nov 38% Maq 6% 8,700 5 Oct 30% 1,800 24 Jan v 7% 800 6% * 11"!' •;J0O 10% NOV 2S% Feb 31% -200 26% Oct 42% 2,4Q0 36 13% v 38% Apr.- 18% Nov Jan <10% Jan 0 ■f'22% Jan/#)'-' Oct Apr 38 ; '-<4lvv May ) < 6% 40% ■ _u 10% x m"\ 5% 19 6% 250 7% 700 , s May Feb 9% Sep 116% Aug : 20% 1,100 - 4 500 167% 170 170 ,3% 18 V$ 20: 12 Feb 32 May 12 July Nov 39% Apr Oct 7% 1,300 20 33 y4 May NOV ?2% 2% 200 4,400 18% 21% 3% 22 ■ Oct 2% 8% 14 V, 4% 3V4 55% 23 24 21 38% 39% 37% 122 ^ j . r,I,- ■ ■; v ...—£1 — 27 Va Jan ,31% Sep Nov 25 6% Jan Jan Feb . ' 1 * * * —^ 65 ' ■3lV« Apr Oct 4 Jan 70% May 150 -■ 15% Nov " Nov Sep 1 dep rects -crd bearer rets ord reg Am dep '"39% Oct i British-American Oil Co lEritish American Tobacco— Am s Oct 34 133 • 6% Jan 56% Jan Sep 133 Jan Jan' -Jan 6 14 - Sep Oct 18% Bridgeport Gas Light Co Bridgeport Oil Co— Brillo Mfg Co common i • Oct 55 % Feb July 24% Jun 16% Feb 7 Oct 10% Dec Pwr——L_* Corp common Brewster Aeronautical - -19% Jan 15 ^ 40% < Dec 54% - 34 V2 Sep —* & 203 163% Nov ■ lOYa Lgt gya 3% Sep 34 22 July 25 Sep Jan 6% 17 200 19 .common—^.-,^——^.3 ... .Mar ^ lOVi'r Jaif Nov 18% Nov 25 20% common...^.—11 Traction 12 8%: Oct 5 13,500 20 20 8 (5% 19% 5% 2% 1 ' May Sep 10% ;Deo. 11:-; • —1 * w 63 Oct ' 8% :Bourjois Inc ciass Anglo-Iranian Oil Co Ltd— Am 56 % - Breeze Feb 1,000 Dec 30 ..1 $3 optional convertible preferred—* Blumenthal (S) & Co * •jBohack (H C) Co common • ;fi 7% 1st preferred ; 100 i Borne, Scrymser Co. ........—25 Jun 89 7% 7 6% Steel Fdy & Mach Co com.* Brazilian Oct 7% 11% 'Jan " ..C: 2,700 10% 25 '• i new Jan 5 '6 Oct Sep 6 ...1 iBlue Ridge Corp common Apr 2,800 7 * ' 3% 5% .7 i 11% i - 5 . 1% 5 247/s May j 5 1 ,r jBlauner's Oct 4,200 > Birdsboro Jan 33: 33% 2 common 24 600 * i f VA 1 > jBickford's Inc j'r 5% - Jan: 300 10c ; com t $0 series preferred Anchor Sep • Corp 5% 2V2 1 14 12% 10 Republics Seal-Kap common Superpower 6,300 29% May. 32% Jan. 26% 900 r2% • ; Sep 3 Sep 14% Oct ~ 200 ' ' -500 ■200 28% 1 Berkey & Gay Furniture t Jan 46 19% ^35-i:'5;..35 2 • American Potash & Chem class A_ *L" Class B 2% 1 * 6,400 16% 16 25 common Maracaibo American 200 14%'May t" 9%; Oct ■: 5% \_ Convertible, preferred— " Laundry American JanX"> 5 V* ; 56 Babcock As Wilcox Co—. , „♦ Baldwin Locomotive—. L 7 % preferred —l.~L..30° Baldwin Rubber Co common—;—.^.1 Banco de los Andes— ' f American shares Barium Steel Corp— 1 Barlow & Seelig Mfg— ' i $1.20 convertible A common 5 Basic Refractories Inc 1 Bauman (L) & C0 common 1 Beau-Brummel Ties com 1 Beaunit Mills Inc .2.50 Beck (A S) Shoe Corp.—— 1 Bellanca Aircraft common —1 Bell Tel of Canada —100 Benson & Hedges common —* Aug. i " Oct 31% £250 49% 113% Sep 51 25 ; 5% Sep Jun 1 preferred , Sep 37% 75 3% Jun 11% Apr 63% May : .--A Feb 27% "m ; "7% 1 50 , Jan- • 115% 1% 1% Machine ...—-V & Sons common....;.. 15 ^ £ 11. Oct 11% Nov 0% Sep - 8% Apr : Oct 12%-; May 3% Feb- 100- , 52 Oct 5,100 \> 3% 1 % 5,000- H0%ill% '3% 47% Jan 5 Sep: -41% Sep - liSOft 17% 17% ' •450 ' 10c common American Hard Rubber Co : ioW'io Jun 8 9% Sep , Jun * 15% Feb 25% Feb 2% Oct .210 . 48% 45% 111% preferred convertible $2.50 63 49% 65 Oct 3 " 100 2% 90% May; 121 Sep 116%-Jatt^ 700 4,400* 3%' ' 3% ..nop _, General Corp American • 2% i • Electric & .4%% preferred——: 18 % 400 (BF) , 110% Co pfd..l00 j-s 6% preferred ! 1,400 V* ,12»/£ W 2^600 •^•! 1<500 .9% 10% 5% Ayrshire Collieries? Corp ' American Fork & Hoe common " 607' Sep : ' Sep *112 ■'950 180" . ft 4,500 72 177 ' 25 - American ■ xl8% Xl8% ; 3%' 100 :. American & Foreign Power warrants ; ft 113% X112 . 1 common. B„ American — * American Cities Power & Light— ; 70 * • . Avery May Mar 13,40ft Voting Automatic Jan 29 15 • : 48 15% * common common 71 X112 ',.;._100 ... Nov 700 375 11 10 — . , ; Jun 4% 10% • '12*' America..—• Corp warrants.— Atlas Plywood Corp Automatic Products Aug , 4y4 10% Atlas May 16 l8% •. ^Aluminum Goods Mfg— 12 26 • « 11 6% preferred 111 Sep 3% ; Atlantic Coast Line Co Jan Oct 10% 5 common iAltorfer' Bros Co common Aluminum 3,100 High . » 3% - Coast Fisheries. Atlantic Jan. 133% 1,90ft reg——.——JE1 rects dep Atlanta Birm & Coast RR 9% Jan 3% Dec 107: 100 108% "3% , 3% 1 22% 3,90ft 4% Tel St Tel class A Associated Jan Oct 85% 10 ' 86 1; Allied Int'l Investing $3 Products ; American Associated Laundries of Aug. 4% Aug , 6% NOV Oct ;7% —1 Electric Industries-^- Associated Feb 17% Dec Low , . 6% ..2.50 Corp——J Ashland Oil & Refining Co Feb 5% 7*% Dec 5 3 Alles & Fisher common Allied 8% 5 4% 16,400 1,400 < jlro Equipment Oct 38 v January 1 Range Since High 4% 6% preferred ,——10.. Arkansas Power & Light $7 preferred-* Apr 23% Nov 300 5 7% 50 Great Southern: Alabama 4% 26% 3% Nov Low - Shares 1^ —•-— Natural Gas common. Common class A non-voting_«»n-T-.*'-.v , Jan 21 Dec ,11 35 50c 10 preferred Alabama Airlines 3% Jan ' Oct 10% Nov-: 10 ; Air-Way. Electric Appliance. Alaska 11 2 Convertible preferred Alteon Mfg Corp common ..6Qc 12% 1 £ Mfg common— for Week of Prices. * Inc Arkansas 7% Feb 1 2% Nov 26% Agnew> Surpass Shoe Stores„_ Ainsworth ;Argus Nov 5 2"% 300 Sales Range ' ' Jun 13% 4% Aug Dec 2,200 6% 3 •; 6%- * „ Products. Inc Nov: ■" Par „ Feb 11% 4 22 :•. 22 10 Co Aeronautical % High 600 mm 8 8% Last Sale Price Range Since January 1 Low Week's Friday Exchange York Curb New High " , « Shares' of Prices Low Pflf • Sales for Week Range Sale Price .'j'-'- • Week's, , Last 1 8*T OCKS ■■ STOCKS weekly range are daily reports of the Curb Exchange itself, current year. 1 J' ' :^VRANGE FOR WEEK ENDING - New York Curb Exchange of the week, and when soiling outside tfct regular complete record of transactions on the New a Nov. 30 and ending the present Friday (Dec, 6). It ■ is compiled from the whether stock or bond, in which any dealings have occurred during the - RECORD YEARLY AND WEEKLY NOTICE—Cash in a footnote in the week 5% Sep Feb 31 Feb 12% :- Apr 18 35% 36 >: Sep 24% Apr 33 Feb 36 Jun 23% Apr 27 16% NOV 21 V» Aug oct -24% Jan 16 y8 : Aug : THE COMMERCIAL & 2982 FINANCIAL CHRONICLE NEW YORK CURB EXCHANGE :j RANGE FOR WEEK ENDING DEC. 6 V •( Sales Range for Week Last New. York Curb Exchange Sale Price of Prices Par Low New York Curb High Class. B $5 prior Co k ■17% jJ— ./v.. (E L) Bruck ■ 'i 12 ia 18% <PH) 1% Corp_„___ 1% 5y4 5% „12¥tO Sep 15% 26% Distillers Am Jan Sep Jun 1 Va Nov 1% 5% 21,800 3.40Q 200 7% Mar , Co 12 y4 Co Tar As 1; a ——7* As Harris voting". 3 6% Oct ..' "8% Nov- 4 Deo Sep 9% 8% 9% 3,500 4%' • 4 4% 3*300 : . . - -—J 137/a """ 12% V|f. 13% 12% :U. 500; 1% preferred " * Cmmuqq Co Casfi° ^j0duct3 common" (A M) & co_ 3.50% "——J •— 6% 68 9 Sep 6% Oct 450 12 50 100 Eastern rets ord 5* 41,900 6 States 65 coil Sfd opt Cessna Aircraft- 1029..— r</* J00 61 20 21 18% 21 19% Chesebrough Mfg 68 — 4% : 15 tf 4,600 100 > 4 150 19% 18% 29 19 25 68 13% 68 13 ' 13% v 1% > •*. 60c $6 preferred B. preferred BB — ■ n, * * e \- —'* *0 '—~—1 Clark " Controller Co Clarostat- Mfg Co gSWrUSS ■iE:—i aSreitJEcSfcypiiumtaau"8--L":«< cCZlZIT Products 400 -f — ( WnlRfaff 4 Feb Fansteel Oct; Oct 20 y4 Oct Sep — 10 1,050 14 FRirchild 184% May 14 14 As Light 2d pfd A. 15 '.V 4 2% 500 4 --v >:/ 156 Sep Oct//' X42% 42 Dec 3% Nov 8,900 Fire First July 2'/2 0? Feb Po°Mxrto^~ —1 Colonial Mills Hfv 9 Dec 20 Mar Mar 50 'i Jun Oct 105 Apr 100 11% 100 inc" "3% .11% '' 3% 3% 11% 10% 24% 24 "/■ 4% Dec 10% Dec 23 4% 5,700 4 24% 2,300 23 tV 40,400 1,800 • /> ■'.24-', A ' ■v 33 33% 2%;.: :V ^ Nov 600 33% 2% ;• 2% 4%24% 3Va 3,500 24% 200 a' Sep 2 Apr ext to V': 1956.L 10 10% 9 1% 1% yszj^ BiscuFt Consolidated ei* Coraol o.HP Ba.t comoon~ * ' 1 3,000 17% 17% 18 77%::: 77'/a 79% 7^ \%*Jferie*B Preferred.. 5: 300 6% B — 70% 100 116% 117% 110 8% 8% 8%; - 79% &3j23 LW-i» CoSsol' Texuifclf0'" _common—I-' cSkSa//dJ & Ma"chi"n7co""""10? r™linfc & Varnish Co 1 Cooper Brewing. Co 1 Copper Range Co — —I • Cornucopia Coro Inc Gold Mines - *~I„ ■= 6c common Corroon & ! Reynold77~Z'" r_^?w $1 Pfd classcommVnZr A ; Cosden Petroieum —J 1 Courtaufd/Ltd— ^referred— 5Q g-t^eerpeat?oleumrecelpta <ord reg)_£l 8 Croft Brewing Co crosley Motors Inc~ ~ Crowley Milner <& CoZ~ Crown Cent Petrol 1 ! (Md)IZI^,- § Co 16% ~9 4 >2 % Feb Fuller . Jun: 49 > Sep Jan 121 July 112% Aug 12% Jan Apr Sep 7% Nov 8% f < : Sep 1,100 9% 1,600 34 33% 34 *- 5%10 5% 57/a, 10 y^' 10% ■ 1 14 13T/a 20 Nov Oct Sep 33 Feb: 0 24% Sep 44 July 17% May" 5Vs Dec 1,550 Z 8% Oct 2,400 3 ; 14 ' 14% 36 35% 3% 3% 7% 14% Sepr Febb Dec 14% Nov. 36 ? 100 Sep 35% rets Dec 7 " 30% 28% 11,600 2'/4 •>,.» 4,500 2 2% 10 % 9% 6% Jan Aug 44 y2 , 10 10% 10»/2 17% 5% 17 • 2,400 5% 18 5% 2% 2% - , 70 5,900 —12 24% 23% 24% ^ - 14% 14% 15 /; 11 11 : -— "L" X * ;; 400 General Amer 5% '/ 11 Jan. 38 May - Nov 5 Nov Oct 20% 10 Va Oct Jun 6ya 60 Apr Apr 36% . Oct 105% Sep 13% Sep May,-;' >•24 Sep . Dec Oct 27 « 16% 18% 5,600 14% Oct 150 43 Nov 180 109 44% 111 y Jan 'Apr 4% Sep 30% , ^ Apr 39% 53 Va Sep Feb Apr> Jan 112 16 8% 9 200 8% Dec 2% 2% 14,100 2Va Sep 48% 49% 450 8% 9% 900 Apr; Apr j 4% Jan Jan Sep 22 Feb NOV 8% 56 Dec 45 26 Feb 108 May 38% Jan ^ 8% 3% :* V 1,200 3% 11,400 200 16% 17%. 17% 34y2 Jun- 12% Z iy'i'".:; •'/•/. 50% > 2% 36% 3% I 2% Apr Feb' 77,17% 25 Jan 29 Feb Den 70% Feb Sep :7; 3% Dec 2 2,200 37 36% i Jan? 40% Jan 11% Feb 8% 26% 50% *.'7' 30 53 Feb. 17% . Oct,: 13% 1,500 7-V ."' > & 8% NOV. 3% NOV 20% Sep 13,500 12 12% /;/ 9y8 22 % 22 250 38% Nov 36% Nov: ■i.- 18 / ■ 5% 5% 900 17% 18% 2,200 17% Dee 19% 21 250 19% Dec -y.r. .■ 1 3 3% .1 38 -1.25 8'/a 10a Jan- 35 7% Mac. 9% 7% Mar 250 39 * li:29%- Jan: Oct 3 Jan co Oct 5% 300 , Apr : 5% £1 31% Oct • 17% r 3 Co I Inc 13 1 13% 13 33 50 27y4 Jan 4,100 13 - Jan- 51 Aug 17 - Nov 12% 1 25 i 75 1 32% £ ■ 35 y4 1,000 31 Nov. 12%. : 1 13% 2,300 12 Vs Dec • 1,000 .• : 21% NOV 75 Dec 23%. 26 75 75 Co 9% " 5 common Oct 40 . Oct 42% 30 % May. 40 July 110 Jul/. 8%" 10 .22 13% 20 Feb Feb 8% Nov 4,800 Jan la : 10 Jan l»y4 July 97 ——• common Jan ;:: 107% July 5 5% 1,100 4% Nov 3% 3% 1,100 3% Nov ftya Jan 14 £1 1 10 rets ord reg dep Finance General 4% 3% 1 * Co Nov -•18%Feb 7..7%, 2,200 7 Dec Corp common series A ■- : s% 8% Fireprooflng Glen Alden Gobel Corp Coal : 1— Inc— Inc common (Adolf) B i— ' — 114* Mines..^ Goldfield Consolidated Goodman Mfg Co.—... ... class A— Rapids Great Atlantic Stores Pacific As Non-voting common, 4 7% 1st preferred.... Great Northern Paper 21%- 21% 21% 140 6% ; Oct 110 v : Jan 111% Sep 6% 17% Feb Dec 3,800 16% Dec 2,300 12% Nov 16% 18 12%' 14% 57/a "2,200 4% 1 * * 62 - ■ 62 35 r - 35 * r." . A 5; 1 %, %0: i%- . 11% 57% 59% 19 18 19% 13 - V ' — 44 Feb 103 Jan 107 Aug 1% Sep 46 Sep > 10% Mar 4 Jan ' ' '*■ 2,800 Sep . 48 y4 * r 15 '/a 13% ,200 7% Nov 9% 2,200 8V4 13% 14% V. 93 - 94% 138% 138% n ' ii%- 3,600 : -1 13 Nov Jub 22% Apr 71 Jan ,47% Dec } 94 Feb 69 "53 Oct 7% 8V4 Tea— stock—..—* —100 , Sep 7% ~i%: Feb Oct 450 -f " - Jun 57 800 - ' Jan* 26% 87/a ■ 24 16,600 13% 57% 24% .' 4ya Sep 30 f -iy4 Apr Jun Jua 25 : " • 103y2 103'/a v, -U2 8 100 - : 39 ■ Oct Jan Feb 29% Nov 17% 14 y4- 5%.; 43 y2 '55 Sep 27 5 Jun Apr May .115% Nov . 19% Oct 700 * Apr *23% Apr Nov 52% 18 y2 Feb Jan 109 : 111% Jan 100 17% —25 Greenfield Tap & Die * Grocery Stores Products common—25c Gulf States Utilities $4.40 pfd 100 Gypsum Lime As Alabastine—— • 31% > 5% NOV 1 5 -1 Varnish. > Nov 3 92 100 18% 17%./ 1 50 * ; 12 V8 * 110 Mfg common— I— 10 t; Graham-Paige Motors $5 conv pfd—25 \ Mfg Co Grayson-Robinson 80 , Ap* Sep 11% Jan * 1 Gorham Gray 5*700 114 Feb 10% Sep 85 * prior preferred 3% 3%' * * ...2.5Q ... ——.— Godchaux Sugars class A Grand Jan V 17 V4 / 3% Dec 20 1,300 17 92 J n ! 93% 15% - Co -23 V 104% * — Mines—; common Harvester Gleaner 1,700 4,200 pfd Georgia Power $6 preferred $5 preferred——,u— (A C) 3% •'•V8' ■' Nov 150 21 y2 • 100 General Plywood Corp 1 General Public Service $6 preferred—* Genera! Shareholdings Corp com——1 $6 convertible preferred— * common.. Yellowknife Gold 8% 3% 3%, General Outdoor Adv 6% Gilbert 14% Co Ltd— preferred $4.50 11 12% 3ya Nov 17% 3% • Co Alloys General 5% Feb 25 50 <;>: . 1,550 ,>5 Gellman Mfg Co common 21% Apr 23% May 10% May 5% Nov 11 4% 3,4,00500 44% r* — Power Gen Electric Sep 5% Sep 2 Sep 200 5% Jan 166 y4 July Sep ; Class 17 1,300 -- 25% 100 102% 102% Oct 10 •: v.- Mar-' " pfd Corp , , Jail 14% May 23% 37% Juri Feb ■ 275 V- / - 93 , -20 v . 131 ?:-> 'Dec Nov 135 147 42 19% 17 y4 1,050 100 Sep Sep 13 ya Jan 113% 113% 10 xlll% May 116 12% Sep 16 Apr July 40y4 18% . 17% 37 46% Aug 16% 1,400 23% Jan 28 % May Jan V4 Jun D Davenport Davidson Hosiery Brothers Mills For footnotes see page 33 —2.50 Inc 1 Dayton Rubber Mfg class A Dejay Stores common conv 2985. 35 7% 7% 36 * 9% 35 8% 36 9% 250 1,500 20 900 31 . H Oct 39 7% Nov 34% Oct Aug 16% July Hall 39 Aug Hamilton Jun Hammermill 9% Dec . 20 Va Lamp Co Bridge . Jun 77 Va 78% 'M' L" Stores Gatineau 9 350 26% Oct 20% bearer & $3. conv stock 2 1,100 5% 5 5 Oct 24% Mar 2,400 Oct Oct 68% -v%: Brewing.. Globe-Union 30 13 67 ' Gilchrist Nov >14 i^'3 700 . V 200 ; 700 300 • ■ 19% —1 _ Gladding McBean As Co 3 400 2,000 : Jan 15% May 30*800. 15% 130 111 1 _ v<; 3% Feb 26% July 7j/2 Jan v Sep Nov 56% 7 13 .10c nrd (Geo A) Giant 1 40 ' . "5% '5% 3% «10 .common Oct : .25 1,500 45 '8 4% 5% 1 —.1 13% NOV 2,000 14% ' 3y8 . Jan 8 Ya 2,100 1% 15% 3V4 3% 6% 14% /f 98% May 19% # " ■ -:.v - 200- ' 95% July 15% Nov • 5,000 £* preferred ^,®n Tobacco common Jan 2% 18% 25 5% 71% 17%" Oct i July 1,900 17% 46% 128- Jan 5 ' «. of France— conv Franklin 11% Oct. 91 '850 ,< 17%* • coram™: Cu_b3n Atlantic Sugar >3 400 70% 1 ... (Phila) Simon Gorham. Inc International A g°f.n, 83% 2% Jun 58% 16% Warrants 2% Jan ' 104 Apr, 25 107% 2,100 Jan' .,5 Oct Jan Oct 115 10 42 Va Oct 1% Sep Feb.,. 42 '' 110 May*. 92 .v. ; Jan 9 Sep 43% Nov 15% ." 800 - Jan 104% May Sep 54% Sep 50% 73 ^1.. Airplane voting (Peter) Franklin Jan % : 1% 600 89% , -.725, ■ •. ' 48 Oct 500 - r.'-'V J' 200 70% 50 nnn-vntlng dep Garrett Vtc 8 65 14 :A 5% Fort Pitt Brewing,Co.. 50% July. 12% Jan Oct As Htnrea rcta A Class Apr;/' 43 Sep y4 Nov y« Sep >■ 30 Oct 3 ; 125 i 72 . —...——10 pfd Co—- mm dep Amer 25% Dec 2,900 ■-W 12 • 2,300 64%; 70% . (M H) Ford Motor 17% y 7% Jan 11% 97 ' 7% pfd—100 Equipment 5 As Corp $1 riflKR Fox /.".••f'-y common Apr 56% J30 1 reg Ford Motor of Canada— " Coekshutt Plow Co 3% 72% Watch Co common—15 Engina Brewing .York Am Aug 9 38 "9% Zr9% 1 to 6 '5 Nov 58 20 -u Ford Motor Co Ltd— Jan 32 v-. 400 - t Feb"' 13% Sep 1 — Compress As Warehouse Co—25 Rf t.n { 15% May y y 1 10% 30 15% • * Inc Association $9 Jun 21% 200 9%" :V;: 9: 42 >• 3 2% ■ Feb 62% •:58% — Metallurgical Federal Jun 15% 9"% Nov 14% r m 45 Fedders-Quigan Corp Jun July 41% 166 y Oct<,i, 116 1,000 •' 12% •*' >' • '•' * 200 Apr 24 Vz Mar J ; -0:\ 5% Nov 16% 6 ~2%;>2% y "9% Jun 11 •15% -Dec 15%' - If:--- $3 convertible preferred —I Esquire Inc ————1 Eureka Pipe Line common——. .10 May 137 v Jun 95 2% 19 125 152 12 Oct 100 1,000 - .60% 10c 88 Sep 1 20,500 26% 25 147 May >97 •■^•64 % .7% Corp common Fishman City Auto Stamping City & Suburban Hdmes Club Alum 26% 150% 65 110 96 Feb 3,950 151 Va 162 C'S\reSCeV:TiC::r~~"-" Sep Oct ■*; 28% Jun Jan iy4 '36• 3% • warrants Derrick 12 y4 2,400 1% 1% 1 50 9% %■ 2% Co common 65% Sep 275 41 -^3% V Fairchild Camera As Inst Co common S-^O R've' &Wh ™?"~ Oct Jan 22 Oct Power Equity Apr 53% May Sep 18% 22% Sep. July Jan 70 .: Emsco 166% Dec 16% ,11 2iy8 May 107 :.i 25 15% 25 5 % preferred Empire District Electric ••52% May 10ya Feb oct 'T*. National Elliott 52% May Oct IOO 21% 49' 21% 4 SSS^«£S£~i Cherry-BurrellC°SrorZ" 16% * Elgin May 15% May Oct :;V. ■ Electromaster 106 Oct 46 150 65 18 A dd 16% 540 1,325 19% ,22% 21% ■»4iy4May_: Sep 78 15% 5% Corp... Electrographic Corp 34 ya July •v Oct «■ Jun 11% Mar v, * . ——£1 reg Malleable. Iron Option 97% Aug Oct 8% 6% Feb. Apr Apr. > -8% Feb 22% . 05 prior preferred— —100 preferred v-» ——,100 0% Electric 23%, July Nov 100J/2 100% ~8y2 Sep Apr 51 : 15% Nov 400 16% 16 16% Tjmhh——100 Apr 10% Sep 87 South West 14% 34% Jan 1,900 Nov 38% 24% . . ;,7 r 28% Oct 3 6,100 : Electric Bond As Share common———5 $3.50 pfd formerly $5_ * $4.20 pfd formerly $6—.— Jun ';v Sep 41 :io Co. Co >4%% •: Apr 122 1,900 39% 14 Ya '37y« 13% 13t/b v 7 13% July.. . 83% $5 preferred Easy Washing Machine B. 33% Aug Nov 100 17% | ■ July Jan -s*v ; 10 3,100 - jmy.; Sep 15% oct Co Ltd.— $7 preferred series A $6 preferred series B Eastern Sugar Associates— Jun 38 Nov preierred Central & y 45 Feb 45 ;• 700 11 11 -1? ——1 Co— Sep 114 X46 45 —* """* Castle /- 45% 3% 14% ' Feb, Dec 22ya Test Eastern Jan 28 100 20 —' pfct^ 4% 2% Sep 6,500 39% May 7% '■ r f'' 164% May 32% 35% 36 X . VommoX Carolina P & l $5 Carter (J W) Co com c!iiUHr ?0rpPower of wnt Maine 2ya 36 2% 2% , J rnrmJfi ?ty. Products--Z~" cSm B 00 ctass * 17% May 6% 1,300 , 24% May 164% May Sep 12 400 14% 1 . ^100 Marconi"" Canadian * _ .; 3,300 Ltd East Gas As Fuel Assoc common. 25% May* Sep 100 • 16% 13% 25%'Aug" :11% Sep Aug 37 Jan Nov 22% Nov : ■ Canadian Industries Ltd— ; 7% • 3 e*13% .—25 Chenr Co May, ./ 22% AU9 60O 13% > 13 % 7% 18 B May, 180 v Jan 11% Jan.* - Feb 2% 2,200 •;./ 800 1600 14 Hosiery class B common......* Corp common 1 Duval Texas Sulphur 12 % May- : dep Duro 13 % 6% Durham Jan 5 Oct Power Am OYsMjy, 25 13% Dunlop Rubber Co Iitd— Jun' 7 Oct 100 1 13% Class B non .'V ''v; :/ -,•' 1% ~6% ■ - ? Camdtr5^gSten CorP I CznaZ rP™, Insi*rance_IZI S®ad c® Ltd...:: 2% Oct 2Q - It:?™** E1ectric Power 3 200 'fi ;§ V... ■" CkL^fhiCaa dep 1X5(3 5% nfd • Z "3 ■. 23% Corp Driver Wireless— >3%1 10% 15 % Coal Jun 21.,. Oct • 9% Sep 78 Draper Duke If..: 23% "2%: 10 %• common Steel • 300 1 Domestic Industries xlass A com. Dominion Bridge Co Ltd.: Dominion 1. ^ Jan 19 y. May 10% 10 < 145 5Qo dep rets ord reg Corp common Divco 4,600 Ltd— Dominion Textile Cables <fc — Dobeckmun Dominion ;V..: - Feb 4 5y» Nov 13% 13 —&5o common 11 ; 1,100 ■(. Mfg Diana Stores Corp com July 15% 500 11% 18% 1.50 Burma Corp Am dep rcts_ Biscuit 'r- 12 Bunker Hill As Sullivan As 11% 10 .:£to 8 ... May 30 16% Mar •• Gasket Range Since January 1 LOW High High x'.Tjri'-V'i! 100 common 1 Shares 10% . Gray Iron Foundry 1 Detroit Mich Stove Co common———1 Detroit Steel Products 10 Devoe & Raynolds Class B. —* Jun 141/a 50 oct V 35 100 i- Detroit Low ;ii% 5 Detroit :; 102% Feb 6% Nov .; 1,700 7 40 Jan '{Hi1- 4 Vz ■ Jan ■ Buckeye Pipe Line Butler :: 6% 40 common Derby Oil Co v.34y» Aug Sep 717% Dec 10/200 17%; 18% >7 6% Silk Mills Ltd Co Si-s May for Week of Prices Par Dennison Mfg class A common 8% debenture ; 7% Jan Jan 100 common Bruce Sep ■i'i 2% Distillers preferred. Brown Rubber Burry 4% 25% 1,300 -. l— .i™; Porman Brown 4% 4% 4% Sales Range Last Sale Price High Low . Week's Friday Exchange Range Since January 1 Shares British Celanese Ltd— Amer dep rets ord reg .10s British Columbia Power class A— %: STOCKS Week's Friday STOCKS , 'H' ' Monday, December 9, 1946 — Co Paper — Ltd X9% -3 » 6% I10 32% ..... 6% 30 9% 700 6% 400 32% 80O 17% Feb Dec 11% Feb Nov 52% May 8% Sep ' 6 Va 28 (THIS COMMERCIAL' & FINANCIAL CHRONICLE Number 4549 "Volume 164 NEW YORK CURB EXCHANGE WEEK EN,DING RANGE FOR Friday STOCKS X X:-': , i Exchange New York Curb - > ' > X//viXlV' r ■ 1 .... ... • Week's * Per Low Hartford Electrio Light 25 1 Brewing Co 1 Hat Corp of America B non-vot com—1 4'/a :ii« Harvard Hazeltine Corp—^ Ijlearn Dept Stores x7% common—_ X 60 Dec 9% May 3Va Sep 7% Jan 7% 6% 7% 13 Va 600 T4 ■/.< 11% 312 •*67/a Dec 14% 1,300 • Jan 13% Dec : 26% Class Co :-5%% 2,500. . 22%. preferred w Hardart Baking. 106 ^(— v —10 > 23% Feb • common 11 27 65 66 66% 10'% 97/s ;24%| • t 1—* v 113 Sep 87 Va Feb Nov 15 Aug 32% May Manatl Jun 17% 6 200 22 Sep Sep - 19% __ Manischewitz May 47% Jun Iflfc,;py^erredt«,ii,-100 riubbell Oil & Fibre Hurd Mfg & 59 ,'20% Corp——j,——.5 5 common • Co— 607/» '. — _ 61 ,19 * u 22% 15,300 $2.25 preferred— Huyler's V i—. * ; stk purch warrants common 1 ——■ , - 1st preferred. Hydro-Electric Securities " 1 Hygrade Food Products X 8 2,400 , 40 _♦ — Oct 45% » 1,550 .. 21% 'Oct 59 3% ; 22 V* I Jan Mead -.■j/ ./.v-x :Vv v;*1* --.I]- j. j - ,/'• ^ Merritt X 5% conv Jun Dividend Illinosi ctfs arrear Zinc Co Metal 15 * dep rets regis £1 Imperial Oil (Can) coupon * Registered " * Imperial Tobacco of Canada __5 Imperial Tobacco of Great Britain & IrelandIndiana 7% 6% of International Sep 15% North Jan Cigar Class B 30% 18% Sep 107 V* ... 5% 1 3 • & Scott V' — Corp— 1 ——. preferred t v Co 5% 5% ' 1 5% 9'/a 10 16% ;• 3% 37/a i9'/a 17% 191/4 5 8 dividend shares^^—* ——* —50 X29% 50 S A x ' 48% 46 48% 1 1,700 X" 39 ' xxx • X; um X;; 73% Oct 15% Jun X,,'".' rX/X Apr 30 Registered Petroleum coupon shares—,— shs * r 13% 13% 15% -*/ * < f.i.1*':■■S'.Vv v • $ :-;S ?• International Products^————.10 ' ..liwX.;X 2<W ia% . 300 X 4,600 1,200 .20 6% L & 35 ——50 ——• 100 pfd 12% Nov . £••>■•' 24% •V14% May 17% 18% x;)3% 17% Dec 291/4 Aug 27/a Nov »;ir/4,800 8% NOV '."1,650 -30 V2 Dec 2% x 8% .8% .. 105 International Safety Razor B International Utilities 2%- —* —5 common 12% 12% .. 3 100, ■ 24 •4% X Jaa 5 16 24% 17 Va Aug Dakota X • 400r 12% * Investors Royalty 1 Iron Fireman Mfg voting trust ctfs__* Irving Air Chute 1 Italian Superpower A —* 121/4 13 29% 30% X. 2% x:it5ooxx^ 30% X Interstate Power $7 preferred 1% -x 1% VA 19% 20 ^XX;X;./ 8 950 /X X X iy4 :X 19 7% 16% May X- 63 "* Dec ' X Nov Nov 13% ; - 1,400 Feb 32 X 3% 1% Oct Feb; Jan Apr; partio pfd—— of America Moody Investors k Morris Plan Corp May 3% — Montgomery Ward A ——* Montreal Light Heat St Power———* 7y4 Mar Dec 11 > Sep 27% Nov X ' 200 1% 1% x ./ 1,300'X' 20% 7%' ;; 200 Utilities s" , , Mountain City Copper common Mountain Xx tX.v- States Power Muskogee Glass Co common- Jeannette Jim Brown Class A Julian 12% Lake Sulphur Co-. Jefferson & Stores preferred..™ Kokenge Co Oct 24 300 : ~5»/4 450 X 5 Dec 6% 150 6 Nov X15% Jan 12 y4 1,900 19 .—5 Ltd Kirkland'-Lake G 1 Co common Rubber Co Knott 60 55 4% • :|X 26 V* 17% 10 1 115 Dec 94 60 ,50 - May Apr Dec 82% Oct 28% May 4% Oct 1,100 2,400 X : 2% Sep Sep 17% Nov • 24 300 2,000 : 10 43 Feb Apr Apr 37»/4 July 19% May 18% Jun Oct 12% Mar 300 Feb 34 y4 19% Nov i Apr 11% May ;:X 1 300 10% 9% 6% Nov 200 171/4 ? Jan: 12% 21 . 16% 111% Deo 130 19% 20 29 Va Dec 4,200 W 261/4 v, 2,100 V 7% VA' . Feb preferred 25 National Fuel Gas—.—....—* National National Laclede-Christy ,Clay Prod Shore 5 12 * 12 l 12% St Machine__ 1 Delaware—X———5 5% Mines Ltd Foundry Corp of Wells Co common Lane B Lanston La Salle 7 1 Langerdorf United Bakeries class A Class Prior r * Union National (R G) 15% Feb 6% Nov " 15 y8 ■100 14%. 14 \ 200 157/a Sep 31 600 16; 25% Jan 21 35 10% Jan 13 5 » Oct 6% Nov 10% 10% Tl% ~1% 1 Inc Co (Thos J) Loblaw * class A^ 317> 29 1,500 5 1 Lone Star Gas Corp common—— footnotes see page 2985. 10 • Feb Apr Jun 26 Aug 24% May 7% Nov 14% 21% 17% 10 Va ;; 23 8 00 27% Oct 20 "9% 1,000 8% * Nov Mar1 Dec 26% Feb Sep 3% 29% Mar ? ~8% 9 17%- 24 200 4 v Jun 10% ' *' Jan " 6% Sep Oct 1321/4 Feb 10'% Jan 32% Sep 22% Apr 160% Oct Apr Jun 500 10% X, 20 Sep 36 150 . 14% Oct 21'A May 17 NOV ;10 200 V7 - 14%^ - 14 Radio. (Herman) Jan 56 26 Va 41% 33 Jun Jan Jun Aug 20% May 33 Sep / 30 14 Sep 17 V* 600 12'% Nov Feb 22% July 700 29 Sep 37% 900 11% Nov 23% Mar 21 Sep *26% May 11%. 12% 10% 10% 1% K *C*''V.-x.1 '"*• 3% 10 25 Zinc 63%, ,37/a 1 Arizona Land 1 Mining Co New Process Co N N N Auction Co Y N Y Y common- common * — Shipbuilding Corp— Founders V 50 ; 1 — 1047/a $5.10 pfd_100 —100 pfd Niagara Hudson Power common 5% 5% 1st preferred 2d preferred Class B : Niagara Share Corp class B com Nineteen Hundred Corp B Mines 22 Apr North Amer Light St Power 15% Jan 22% July - Electric $6 preferred 400 : 72 58 1 v 5 1 /» XX Sep 100 20 Dec 1/8 11 ^ v-x- 42/2 2 180 X104% 521% 44,100 * 675 6% — 5 /a 1g^ b/a 500 2,600 " 5,100 7,600 425 Sep 100 12 8% X' 18% May 19 64% Mar Jan X35 Feb 15 May Feb Apr Dec,: Jan 1121/4 Sep 4,900 XX ■. Nov XX 8% '"""450 4y« July Nov 75 10'%. Nov 280 ::"5,400 12 12 /a " 1 common—1 ;•••■ XX 200 .li a 25i/ 54% « V5/a / Jan 45 800 1 # 1X 9% 11% Mar X Feb 450 Aug July 61% Feb 4 liya Aug r- 50 20 1171/* 118 % 101 102 -- 21 Sep 2 541/4 125 Nov Jun Apr 16% May Sep 3% 4,100 ■ ; 142 Oct 1,600 2,000 '* — ' 12% Apr 35 Nov ' Oct 6%! Feb Jan 108% Jun Sep 116% ' 600 Feb 19 12% Sep Sep 25 25 190 9/9% 9% * llBVa, .. * Niles-Bement-Pond Nlpisslng 1 100 100 52 x 52 optional warrants Noma -3,600 6 79 , shares N Y State Electric & Gas — 50 20 10 Merchandise— Y N Y 2 X— — City Omnibus warrants—,—— St Honduras Rosario —10 Feb 17% 175 1,075 ,xx 63%, 64 . 3%„i;;3 % , 32% July Nov Dec >7*r ■ 2 •?_ 72-;,71/4 ;. -* 30 9 /:■ 10 Sep 4% Feb 14 24 y4 •• 200 May 22 Oct 11'% -400 • j Oct 10 400 ^ Nov 31/a Jan 15 yB. Jan X 10 Va Oct X 1% Oct X , Dec 2,100 400 1,600 4,400 England Power Associates • 8 7% 8 preferred —100 91 X 86% 91 $2 preferred * — X 27/a 27% New England Tel & Tel 100 X 117 117 121 New Haven Clock & Watch Co—4—♦ x7*% x7% 7% 4%% conv preferred 20 14Va lV/a 14% 6% 23 Vi -.9% X 1 — 38 . 10% 13J/a Corp. !"'• 18 10% 1% 3%' 3% ,f Apr 7,500 12% 1% Nov 14% . 127a — 31 X 9% 49% Aug 13% ;X . 31 - 12% —30o Nov « New • Apr — — ;X 12 Nov 40'v Apr — — 1 ,10% x.;..3% 10% 11 44% X — __12.50 25% Mar 23% II , -. Jun 45 1% Nov 13% 21 • Chain Logansport Distilling Co For . 4,800 _♦ B Steel Jan 37% Jan Inc 6% preferred___25 common Groceterias Class Locke 100 5 10 Brothers X 9% * 25 Corp Llpton ' X 7% • •/ ••/''10 " 135 17 Feb 14 5% 1,100 • . Lit . 2 1,800 54»A , Oct ' ' Va Jun Jun Feb 23% Dec 5 * 211/4 5 V X; 10 Neptune Meter common -5 / 13% , X 13% Nesle Le Mur Co class A—^ • 10 Nelson Park 23V. 12 3,400 7% 25 1 preferred Oil Development Material Line Lionel 38'% 3,600 . Iitd—i-*>'• Transit National New Sep 7,600 6% 5 Monotype Machine Ext University.: Tourneau 8% XX,/ 135 ——* National Tunnel St Mines common Jersey Oct 13% " Car Mexico & 14% Nov 12 * —m— Lefcourt Realty common Le X 8% 21% ; 2 com National Rubber Machinery New Nov 100 * Cooker N Y Water Service 6% Leonard May 75 2% 18 210V4 Sep 17 • 1 Stores common Pressure V,.' u*.; Lamson 180 3,200 5 Va 2% 2% : Mallinson Fabrics—1 National Mfg & New Lakey . Jan iiy2 , 80 • 39 ;; K'-'X 79$ ^r'v"XXv.; /•; Lake I Corp new common—.—.* National -Steel 10 4% 7 10% 140 ; 12%.: 13% 1 — Co Krueger. Brewing 64 50 X —1 Corp common Kobacker Stores • 111% 111% * 10 v. • .10% Petroleum——^1 Klein Jun 6%" * Kimberly-Clark Corp— 4%% preferred ——«10O Kings Co Lighting 1% pfd B .100 5% preferred D 100 King Seeley Corp 1 Kingston Products 1 Jun 33 Aug 32% Jun 9% Feb ~5 * ; Co common i, Kidde (Walter) & Co Key 17% 124% 121 X23 5 Kennedy's Inc Ken-Rad Tube & Lamp A Co Feb Dec Sep 18% Jan 19,400 ■ ♦; M Jan 6 Dec 24 —. Kalser-Frazer Corp.—.—.1 Kansas Gas & Elec 1% pfd r_100 (I B) Feb 101% Sep 15% Oct Kawneer- (D Emil) 20% Dec / .....2% —* common National Breweries common Kleinert 5 Nov 3 Dec Nachman Kirby •XX 5% • National Bellas Hess common—.1 . 38% 9% 600 • , Feb Apr 4% 2,500 19i% XX>-.'.X.X:250' 19'/a 38% 19%: • • 10o /-"X./', 5o Jan 87 Sep 6 5% common Co 11% 107 ya Jan 20 2,900 '.V- 16 15% 100 Tel & Tel Mountain States Murray Ohio Mfg Co Muskegon Piston Ring.. 103% " 51/a 3 1881/4 190 -* common Sep Oct :"'6% 200 V 4.400 v'X 10 3 —10 Producers— Mountain .. , 6 Jan 191% May July 50 - 3 10% Jan : :/ 900 • 24 5 12% Nov X 200 2,400 25 ;105 1 Montana jj. '; . ' a ' X.8% Monroe • ; 35 Jan common A : 9% 8% 30% • • 9% Loan Society A_ Jan Sep x9% — Feb 91/4 10% 1 1 Jun 47 , Nov /.""'.'GOO • 35 Nov 12'% 3;XX;x •: 9 -X/X ——50* common. Jan,., Nov 28 100 Oct 35 3% Molybdenum Corp Monogram Pictures 31V* May Oct Nov 6% 91% ; .121/4 12% * 20% - International 'X <?t ' International Minerals and Chemicals— Warrants Aug 31% May 2,100 Missouri Public Service common Se^ — Co P Apr 6 Oct 3% mm conv Minnesota 'Jun 18 - ; 201/4 Jan 3% —-1 preferred Mining Corp of Canada .f-wi X , % 4 y2 24% Apr Oct 3% ' ~ ——10 Co—y Refineries Wohl Miller 33% Jan 20% Oct Dec 25 '/a Abrasive.— Mid-West Jan 14% May 15 Va 600 800 Jan 51% Oct 141/4 .19,500 9% :x 17% Oct 9 v\ 1,000 X Oct / Feb 9% Nov •• Mar 9 V, £ 1,200 ^ 16% "3% Piping & Supply com Jan 10 : 62 2% / 1,400 Jun 112 l. / lO'/a 9 .' common..... Midwest 123 10 Jun 8 100 3 x.y' *'X. 3,700 Jan 14% May Dec X ey* 1,600 8% ioy» 1 Oil Sep vv "6' Jan May 11% Nov 5 87/a Jan 112 Sep x.4y» Sep > Apr 12'% Oct 52 2% 8Vb 26% Sep 6'A • 1,000 5%. Apr 109 125 5,900 6Va Apr 8y« / Dec X X 50 1 Corp Midwest Oct - 6%;'. „25o —10 109 y2 82 X 87% Sep -14'% 500/ 6% Feb 3 , 1,300 15% * r2% Mid-West 85% 8,900, 111 Apr Products— non-cum Midvale Jan 3y8 110 .2.50 Corp common Corp $1 conv pfd Oil v- „15s c Midland Steel 2,100 6% "Hoo Jan Apr 24 5 Va 6% Apr 47 Nov 26 700 - Jan 18% Oct 9% 1,100.. t 1 14% —. — 112% Aug 79 Va - Machine.—.—..* International Investing Corp International Metal Industries 5 common —: West Midland ' $2 X4X 100 America International Hydro-Electric— Preferred $3.50 series 11 30% Co_ Iron Textile Middle 14% Jan Sep Dec preferred— preferred Co 11% __100 Service Insurance Sep 12% Jan pfd——100 10% Middle States Petroleum class Aft 0.1 11% £1 — Indianapolis Pow & Lt 4% a 45/a 22% 36 100 19Va Oct 9- -3,500 14% 39 ——— Micromatic Hone 7% May 15% Jan 5% Oct Sep 12% Dec h18 Imperial Chemical Industries— Am 12 Va 38 % preferred.—; A Paeferred Apr Apr 23 J Oct 14% NOV 900 J> Michigan Steel Tube Michigan Sugar Co Apr 81 53% Sep - i, common '39% Sep Dec Dec — Michigan" Bumper Corp———— .20 1% 30% Gas Chapman Messabi y; common———*' preferred 50 77/a 900 14%-14% — Warrants 6Va% Apr 63% Natural Mfg Co Menasco : . ' -7> -,7., Illinois Power Co 3,500 1% May 6% Mar Jan Oct 9 1% O— Co Johnson St Participating : 4y8 t v Oct1' 34 60 Jan Ltd Corp common—* Memphis July July 7% Sep 40% Jan x 8% 56'% May v; Dec 7% Co preferred McWilliams Dredging— Jun 12 37% Oct . • —• $2.50 60% Mar Oct • ... 60. x x47 5 - 300 > — 26% Oct 2% 19 21 Jun 37 Jan 10 Va 400 — Utilities Association McCord Jun 75% May *20% Jun 15% Jun • Mar 6% Nov — 12% 33% Sep 18 Co Massey Harris common \ 10 Hussmann-Ligonier Co Com r 48% Jan ' . .• (The B) Communication Mass 115% Mar May - V-". •!•'•/ 500, Apr Apr 117 21% May Marlon Power Shovel ' .-,2,300 20%r f 112 ...... .", 26%, 28 * Refining Hummel-Ross Lock r ^ (Harvey) Humble •••• 111% Jan 14% .Sep 3% 3V4 19' 1 - ■ .- 15Vi Aug 9% Sep 20 .700 Marconi Internat Marine - Oct 38 Vi , 4,900 • 15%. 16 ya - common Mapes Consolidated Mfg Co • 25% July 170 i Feb - Sugar optional warrants Mangel Stores 45% July 35% Sep 140 .250 113% 115 16 ya- 2 Lynch Corp May Oct ■«, 11%- Exploration——_ 1 St Louisiana: Power it -Light $6 pfd—* 1 Apr Apr Jan Sep 9 . 40 12% >% 117 108 Oct Oct Nov 45 V* 200 __ 1,025 11% 70 65 50 70 May 92 .26% 53 , 38% 39 . Sep Nov * Oct 23% 367/#X37% ,.^220 165 I <1, —10.. 165 77 68 Aug 1 9,500 76% Apr 200 7 __ -* 1% 77 70 Jan 18 2.800 ... . 1 1- —— Apr ,'16% 8 ,< 3,200 . ..24%' 23 __ * :• Oct 103% .375 ... 24% X_*' ... : 6% * 48 Nov 19 40 .. Sep 15 y»: Dec •10% 900 106 ;vV. i'i , ; 90 1 Co—4—X ,:..750 V.. ,-200 v dep preferred A ctfs of dep—— preferred B ctfs of dep. Louisiana Land Apr 19% Oct •11 lii%. .A,000 22 y2 9% "10% ' 5 & Co common, 12% — X 97/8 1 X.':■ 27 ./.*> • (Geo A) Hardart 12% 1 X Hormel & 16 11% 10o „ Horn & Horn 15 Va 12 ... & Co class A.— Inc 16 :*■ 100 w_: ww Hollinger Consolidated G M Holly Stores Inc Holophane Co common.: Horder's 11% 20% • preferred (R) 12% 2 common Henry Holt & Co common Heyden Chemical common Hoe 25o A'.— Heller 4% L„ — - ctfs of High Low Feb li" V| ? Hecla Mining Co Helena Rubinstein Common 37/a 1 Range Since January High to- Long Island Lighting Jun 72% Oct 60 Low 900 , for Week Shares «f Prices High 2,900 - 4Va Sales Range Last Sale Frioe Range Since January 1 Low 4% "x67/8 13% .11'/a':'; Week'a Friday , Curb Exchange '''' 64 37/a 37/a , Shares ' -* 5 ^±4 1 .•, STOCKS New York for Week High 64 Hartford Rayon voting trust ctfs 6 Sales Last Range Sale Price V;; of Prices (•• DEC. sep Sep 123% 120 3% Feb 13% May 11 '/a Dec 261/4 Feb 121% Dec 20% Apr 1U Oct 5% Feb 16 5% 132 Nov Sep Sep 35 Jan 12% Mar 164 Apr :■ THE COMMERCIAL & 2984 Monday, December 9, 1946 FINANCIAL CHRONICLE NEW YORK CURB EXCHANGE RANGE FOR WEEK a Friday STOCKS Exchange York Curb New V •' Sales Range / Last ■■ V' Sale Price r. ENDING DEC. 6 for Week /V Range Since January 1 North American Rayon Class B common North American class A v.i North RR St. St. 1 Natural 8% 30Va • Co Corp Brass Oklahoma New Old Co Schulte Scovill class 4%% B Steel Natural Gas (D A) Poinaexter II—III Distillery United Filters I 1 B Inc 40 200 3% 9% — ♦ Co 1,100 I/,:--:-; shares . /• ...y: . Semler 16 y4 Jan 22 Jan 5% % 1st Pacific preferred..; Lighting $5 $1.30 1st 7% NOV pfd Tubes 40'/a '38% ' 103% 103% 108 •200 27% 27% 27% / 27 > • Apr «7'.V- ■ ... * (. r ;■■</«'f'J "t . \ »&''«• C ' American Airways warrants Pantepec Oil of Venezuela Am shs Paramount Parker Motors Pen Radio Corp. II Peninsular Telephone $1 cum 1 Safety ; Water Cement warrants Gas Si Elec class A com Penn Power & Light 4%% Penn Traffic Co Philadelphia Co Pinchin ' pfd "5% Pioneer Gold 2.50 Bess *— May 5% " 400 400'. #<1,30.0 73/4 • Ltd • 12 22% 2 15 Vi Nov Nov 20 y2 9% Sep Feb 13% Oct "3ft- 3ft''' 6,100 / 8 8% 6% 1st 7% 5% •'*' ' 15% 2,800 L 15% 1 13/a JT II—II* -i:: Colorado— Feb 95 203/4 May Jan Apr 187/a 10% Sep Jan 112 Jan Feb 122 Sep 113% May 106'tf 103% * •: i 18 May Jun 27 Sep Apr 5 .■■■}/ 12% xlO% Sep 23 ^_io 10% 9% Dec 20% May _• Feb 114 Oct 189 May Jan 5% Raymond $3 Concrete Pile 1 IIo i Roller Reliance Oil & 21% 22 ,14% 14% 15% 24% 25% % % 15,300 // 5% 6% Grande Roeser Rolls & % % " Pendleton pfd FILL.100 Inc—i Royce Ltd— LL . ■ ..".J i- dep rets for ord reg Rome Cable Corp common Art Metal Petroleum Works ;L—; .L" Co 107 24% 5 ; 2 16% 60 Standard Brewing Co & Seal common >, Convertible Standard preferred Dredging Corp i~- II 20 14% •' Dec 23 !/2 Forgings Corp Standard Oil Standard Power Dec class 5'/8 4,000 30 Stein > 15% 16% 4% 3,300 7 19% 7 12% : 20% —— II 1,400 *<\ 13 Sunbeam Sun 6% 6% Oct 17 21% Oct 5% 1,000 For footnptes 110% Mar 25% see page 2985. 3% 4% 1 300 V •' 19% May/; - ; '• Sep 8 900 8% 200 .7% Jan 1,100 1% Nov 1% : , ; 29 „ : 28% Sep 45% 900 • 29%: 30% >' 3% Nov 200 19 % Sep 273/a Aug 10 Oct 113/4 1,100 : -900 •- 24% - Oct "• B 6 t 6 5% 75% 75%. —. 200 3% "y A ' •' 5% 27% ; 27 , 6 3% Dec " 18 j Jan, 9"% //N^iuiy i; ; Jan 25 200 " L Jan , ;8% Jan.,; Nov 200 26 Oct .72% Oct 50 75% 26 Ml Jan 3% Sep ; /. 2,200 . 73/4 May 160 4 23% ' 9% Oct 800 10% ; Sep 347/b Aug' 7% May Oct Nov 91 330 107% 103 % Ffeb 2ya 17,600 Apr; Feb > -8% . ' 3%' : Feb, Apr/ 45% 700 v Feb, Oct <•:! - 4,800 3%." 4 ••«?••• 20% 20% 10 10% . 16 3% 173/4 19% 29% 18% -JanL 12 * ' : 1% riv<, -:,l: f ,*IW 6 L 35% July ,7 Si ; Apr. ' / 1,600 6% 6% — ;/ 10 Feb 113/s 14 2 14% Nov 1% 450 14% 500 28%; - • Jun Feb 25 • 37/8 Oct; Jan Dec 17% Sep Oct; 493/4 Jun ' 32% ; L Jan 48 62% May 28 Inc Jan 17% Nov 3% Dec 63/4 July 11 Vs Cement, Portland Superior Jafl 227/a Nov 13% 300 21/* .15% 32 32% 10 V* 300 14% > 2 • 3,800 11% 10% 14 y2 8% 3% Oct 1,900 4% 33/4 3% Oct >2QVa May > Superior Tcol & Die Co— Corp Taggart Corp 34% - V Oil common & Jan rWife pfd—_—100 2 —50c Land Co & Inc ■/. Tilo Shovel Co common Roofing Sep 37 Jan 14 Nov 29 Apr Sep 123 Sep 7% Sep 107/s May 9% ,Oct 26'J/4 July ; 2,500 11% 12% 14,100 17% 7/11% 18% 1,000 26 13% 1,800 22% July r' Brewing Co..—; & Allied Stocks July 48' 5 — 12% May 29% 100 3,300 9% 9; 9 Vb — ———— 15% 116% 14% * Light 7% Inc Power 73'a 32% 14 y4 — 6% NOV 1,700 6% 32% 1 —* common 1 18.;/: 1 13 T————1 '///--• / 13 ;•:■/ 6 3/s Nov Nov 59 * * Exports Products dep rets def reg Todd rets 5% Nov ' \ Trust Co Ltd— ord regis dep Amer Edison 6 % Apr 7% Oct May 72 1 1 Lux Corp Trans 109 110 ; ; 111 2% 1% 1,200 1 1053/4 105 3/4 ... .} —' 1% 4V2 warrants "l%; 14% Feb Oct 3% Feb Oct Nov 112% May Dec 117 1% 40 43/8 4% 2% 3 Aug 4% 9% 2% 3,400 Sep 4% Nov 2,500 2,800 1% May 165 95 1093/8 <10 " xl% Jan 1053/4 330 • 109% 110 9% May 13 "l% * * preferred.—-—100 —--—100 preferred Tonopah Mining of Nevada 7% ' — ; Shipyards Corp Toledo 14% Nov . /'■" 43/4 Jun r—.•/ •;//— Inc Trunz 21 Nov 1 Tung-Sol Lamp Works. 80c convertible Oct 53/8 Feb Feb Feb May Jan 34 Oct 14% Jan 103/4 Nov 173A Jan 10% 17% Jun 20 Udylite Ulen Corp Realization — Jan 15 Sep 53/4 Oct Union Gas of Canada Sep 10% 8% Feb 5 Jun Union Feb Union Stock Yards of 9% Rights w i 11% 1 ny8 11% ; » Omaha™. Oct 3 * 1,200 2 Oct 83/4 9 5/8 2,100 8% Nov s ya 7% %.. .100 ' 100 Jan Nov 11% July 7% — — 57 % - Nov 5% "• 56%* 53/4 19 % July ft Nov 25,200 2,000 8 • Investment Co 1,700 23/4 9% ft ,.10 Unexcelled Chemical Corp 193/4 —> 6 10c Corp Dec Dec 5% Aug 13% Nov 3% 1; ;? • • preferred—— Sep 12% " 1 Jun.' 7% Nov; 13 % Feb 30!% Aug 1,800 5% common Jan Apr — 1 Haynes 4% Feb Jan 500 • : Feb Jan, 163 6VB 14% Feb 300 " . NOV /: 6% Nov | 100 17 32% 31% . 27% Oct Jan 44% May Petroleum 10. 500, Feb, ; 51 Oct^--i Jan 4% May Oct Co & / < 6% 7 Corp Tobacco Security Oct Consolidated Jan 39 if Aug 43 Mar ;■ 140% July' Ray Drug Co_ Jan 13% Oct • Apr 8 Stop & Shop Inc Stroock (S) & Co common Jan 6% Aeronautical v 7% Sterling Engine Co Sterling Inc Stetson (J B) Co common Stinnes (Hugo) Corp Tobacco 17% Ryan Ryerson , Feb * Tobacco 600 Ryan 144 16% common Jun 1,800 — 29 y4 -' *• 6% Sterling Aluminum Products. Sterling Brewers Inc Aug • 9% May 11% Apr , <•30% 500 9% Tivoli 15 : 700 5 •J, 300 43 7 3% Feb 105% 750 24% 39% 31% 30% •• 144 Corp. & Co (A) , .10% Jan ^Vi v Oct 160 31 3 Steel Co of Canada Jun 29% May . 29% • Inc Tishman Realty & Construction 14 25% 24 : 1% Sep - Oct , 107 (The) Starrett Apr , 'Hi 14% Jan % Nov * 5 L 31% Sep// 81% Jan B Trl-Continental / 107 % v; 6 297/a class , 7% Feb Preferred 49 * Nov 133/4 24% May 15% & Light 34% , 115% Aug •"'313/4 May / 12% July 13% Nov Jan Apr 108 (Ky) 37% Nov - . • 1.1.25 600 14% 169 % 12 10 1 20 .1 common $1.60 convertible preferred Standard 29 Vi Dec -:-:% 43/8 Nov 1,000 ;• • _ 1 common '44 "" 10 Ltd.... 2 , 5 Co Russeks Fifth Ave 107 * I Rotary Electric Steel Co Royalite Oil l3/4 1% £1 Roosevelt Field Inc Root gy8 1 Am Ronson i'ir Valley Gas Co— Rochester Gas & Elec 4% Sep Nov 21% 400 • Dec ♦ 193/4' Jun a 49% • * 2.78 1 Spencer Shoe Corp Seahl-Meyer Inc Amer '/■; ;/ ; • * Feb 34 8% 25 V* I vtc Sep 4,100 5 warrants ; Nov 10% 21% Engineering... Corp (Texas Corp) Jan 30 ; * ; Sep Sep Apr 24 53 ' • Richmond Radiator Rio 13 Sep 1% II 50o common Rice Stix Dry Goods Richfield Oct 25% . II'S Bit Co Electric 5 15 * common Raytheon Manufacturing I 22 Sep Dec 25% li 25 preferrd B ; i 25 preferred series C_ 25 Southern New England Telephone.. 100 Southern Phosphate Co new com 1 Southern Pipe Line————————.10 Southland Royalty Co, 5 Thew A convertible preferred Reed 5 Securities 16 % Jan 9% 115* r 108 original preferred Textron ___—10 Jan' 103/4 1 5%% Texon & Light 16% • 26% 26% >6% Texas Voting common ; Railway & Utility Investment Rath Packing Co common - Oct ' 12% 19 139% —.10 Southern California Edison— Technicolor Railway Jun! h 7% Jan Southwest Pa Pipe Line Tampa Electric Co common Radio-Keith-Orpheum option warrants. 136 Apr 20 16 Jan 5% Jun 90% Sep 158 • : . 9% \,. 12.50 Swan Finch Oil I.IIIII 100 22 9% Feb 3 Oct if 111% " • common 6% preferred Quebec Power Co Apr, 106% ~100 . 60 3ya Oct 8% — f 100 Puget Sound Pulp & Timber—. Pyle-Natlonal Co common Pyrene Manufacturing— Aug ' * 4% 4% 21% , Products Co Dec 13% ../ Sep Oct 33/4 ? 1 1 Corp common Tube Sep 8 5% Manufacturing common Standard 108 ■ Feb 1 11% Nov <1% Sep f: 11 Jan 29 Dec 3% 900 1,300 - ;374/f Jaa South Penn Oil common 15% May L July 73 > 1% . * Manufacturing Co Standard ' 1 ~ 11 2,000 ■ ' Feb May; 111% May ' Sep 100 Paper Mills 28% May Oct '' 1ft Sep ;! • • Feb 104% ., . . preferred (Howard) Common / 105% Jari ' 35% Sep * 27% Jan .1 Sep 100 11% 85% 8 Feb May ■ 10 ; Dec 10 .IIIIIIl preferred Oats 15% Feb 15% Sep '4% Jan - 78% Sep 9,200 5% 18% 47 Nov 8 *.:/'/ 59 87 ' Oct £1 City Gas & Elec Co— South Coast ' • Puget Sound Power & Light— $5 prior preferred Quaker 4% 5 2.50 preferred... 1st Soss Jan / • July 7% 35% Sep 1 1 Feb 7% 2,050 Sep ;i 100 Sonotone Corp Mar 14 7% Nov 30 2% ';*■ 14% :".,V ;:'L/ dep rets ord regis Standard Cap 15% 25c America ""6% Mar Jan • f: 30y4 Jan 15 V* 50 V2 7 Nov 21 50 9,000 • •30% May Oct 2% .y • • 5% Nov ^ 44 ~ 21 Jan 9% 1 Jan L/- 9% NoV 53 200 ' * ■ Solar Aircraft Co ' 5% 6% n' 11;:./ 11%,.; • 9,600 • 37 Ya May .- 2% Sep • May * 1% ♦ Ltd common 3.00% Smith 11 y# Oct 15 y9 ...100 of Nevada Prosperity Co class B Providence Gas * of Sioux 63% Apr 8 - 22 100 • Canada of Breweries Amer Aug/. 51 y4 500 ' , 6% 1 A preferred Manufacturing Co Singer Manufacturing Co Ltd— Jan; Nov,'.; Oct 10 Producers Corp Public Service 73/4 1,200 ■> 51 5 common common of L 86% 2,500 * 14% "50 II50 Mining Metals Jun 40 3,800 10% Wsm 1 "" Pratt & Lambert Co Pressed 117 L 12% May .1 Dec 7% ; Jan 37 0 21% , '00: 1 — 1st preferred.— Inc Jan 21% Jan 9 Oct Sep 3l/8 Nov 19 % Nov $3 convertible preferred— Simplicity Pattern common—.——i shs.. common Gold 9 / ., 12% Sep Nov / Oct 5% r 62 ' *2,400 •V Premier . Sep 112 y8 643/4 71/4' 8Va 12 Polaris Mining Co Powdrell & Alexander common Power Corp of Canada Prentice-Hall Sep 3% — •8% '21%* 14% Pleasant Valley Wine Co Pneumatic Scale common—. 6% 31 Jun : ' >V' 7% Nov 480 '40y8r 4l%//'-800 — Pittsburgh & Lake Erie Pittsburgh Metallurgical July 56 5,600 ~g% - >— 6 63 ' , >40%' ...50c RR____I & L E - 63% ■:% 7% ■ IIIII20 Am 84 29 . — | /•» Piper Aircraft Corp nnyn-,;, Pitney-Bowes Inc Pitts — I Mines 5% 4 ___* /->: ;• Nov 43% Noy 50 8%,- -4 100 com Ltd Nov Jan 48 Jan 300 3% L 4 % 25 Solar * _ 4% Sick's % Aug 24 " commonlllIII Johnson 59 52% common Governor Dec 14 Va ' Phillips Packing Co Pierce Jan 38% — Water & Power Co Pep Boys (The)—L_„_ Peppereil Mfg Co—_ Perfect Circle Co Pharis Tire & Rubber 20 100 900 48 I__I~25 —.II.—1 preferred Pennroad Corp common Penn Oct 38% 14%, 14% • common 47 • V 11* 5 • 1 Power & common Sherwin-Williams ' 14% 46% Aug 9% Jan Sep * Co—I 13% Mar 38% Penn-Dixie Penn 14 Sep 3 ' I l !__!• Patchogue Plymouth Mills tran' Nov 33,700 ' Sep •82 1 1 1 common Singer ;:i': 12 1 5 Parkersburg Rig & Reel 7 4% - 2% L3% :> 16% 18% 1 Corp Jun Slmmons-Boardman Publications— 31% Jun, 8ya 11 12 Co.. Jan :J5% July ■ Jan, * 32,000 3% 3 3% — 10% NOV 293/4 3 87 ' "V 28 y2 Juiy 11 Pan 12% . ' .; ?• Oct 29% Oct 2,200 21 certificates (R B) Inc Silex Co May .16% May 11% Jan '26% Jan « • 109 ,117% Nov / /. 1 common Seton Leather common Feb 41'/a ■ 102% July 109 % 109 % 100 common Oct: 36 — ! Sep 20 2% : Jun 16V8 May 1,600 133/4 5 0% Mar 353/4 Apr i9% jun: 46 ye July,/: *10% Nov 11% ■ • - preferred Page-Hersey 39% . 25 :. preferred Pacific Power & Light 7% Pacific Public Service 10% 39 % , I_25 Oct 6,700 ^ 5% 34% 4 Control Serrick Corp class B 8•*' •' /26 ,18, ..Oct . 1st pfd 1 Sep '• 1% i':500 32 5% 32% n , • Sherwin-Williams 6% \ 3""j Nov 1,200 25 Sentinel Sentry i 31 -• 5 Shawinigan commnTi High 5- " > 1,600 2% • 20 Sheller Mfg Can Co /; 1% 13% stock Allotment 18 V4 May 6% Oct 2,500 !'7% 1 Pacific Gas & Elec " 35/a. 3% . •;-/ 2 common Shattuck Denn Mining Pacific /;'/; 8%: Oct > 12,900 5% prior stock r 12% Jan , Dec Vlf-f~ Securities 7% General Industries Inc $5.50 / / Oct O'okiep Copper Company Ltd—< American 6% 34 Hardware Si Convertible Jun ;/• 40 ' 8% -Sep r 8% 1 Overseas 7 Inc Bros Selected Jan 54% Dec i40 > __ 5% 21 13,100 3% ; /'; ♦ 4,600 "1,050 9% Inc common Selby Shoe Co Jun 118 Jun 39% Sep 200 40 40 50y4 Feb • 41% \ Nov 30 113 V* 10 50 % t;— 15 common Oliver Omar 15 common 6 2% Oct ; ;.: A 675 ■?.. 115 115 100 800 3 r< x32 31 3f common preferred 1 Manufacturing. Scullin 2% ?,% 4 common Power 7% 9% ' 32 Apr Apr Segal Lock Ogden ,,v; common 15 y2 Seeman Ohio 1 v 6% 9% ...5 40 ' 8/8 30 Vt , Schiff >/a May 31 36 • / Low 27% ,29% ' • 5 — Corp common Securities Corp Ohio common -.•• /■. 27%,, .50 ..... Savoy Oil Co.. 1 Range Since January 1 - jun 56 Va 25 . Northrop Aircraft Inc Novadel-Agene Corp Paper United Samson 20 Northern States Power class A pref conv Salt Dome Oil Co...... pfd_100 Gas $2 Regis /•v 7 Corp Ltd—: Lawrence Class A 50 Co Northern Indiana Pub Serv b% Northern May Feb' 35 5 Airlines Penn Shares May *' 35 . Securities™.* Utility Northern Central Texas Oil™ Northeast '36% • of Prices i'v$:.v:Low ' 'Higli " ' High "".>■ /•! Low / Sales for Week , Range , Sale Price Shares of Prices Last New York Curb Exchange 1 Par Week's Friday STOCKS Week's - Oct 8% Feb 55% Nov 63% Apr ■ ■■—- i'O' • • Vii.> * .*-1 THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 164 \in.r'- :rj ' ■...' M»i«r ^ «•» - 11. J' , NEW YORK CURB EXCHANGE ry.' '-'vSTOCKS „/'. Week's Last New York Curb Exchange Range " Railways™.^---—Jl - "V. v~ 23.%,'Nov/uv ,,•£ 34% May , 200 " %■' ' 24% 18,500 %i ii ■ 41 ; 2% vJanr» . $ f 95 ."Mar '#■/ 101 ^--Aug -. BV4 67% 70% 1,875 46% 46% —1 10 V* 11 "■"' 70 "■1,100 Sharing ..... Preferred United — Specialties common.. U S Foil Co class B $5 * U S Radiator Jan Kansas Jan" Kansas 86 Kansas Power 30V2 Stores Universal Products Oct & ^ 2% Dec 22 Feb V 20 Sep —10 •7*20 V.: 7fo Jan :-.-27'v/f Apr ' 28 .Feb -' Oct . 19% j-d 115/8 10 3/4 Valspar Corp common Sj$4 convertible preferred at 4% Milwaukee Gas to v.:, 7% Sep > A-O Gas 5s deb 5s 67B 3 NY & Ohio 1950 113/4 12 300 • Jan M-N 1948 A-O Continental Power 33/4s 3%s Apr 1964 • ': West 13 '■ r • 47a - '•>■/ 99% Corp 11 ^ preferred 23/a 8 1.25 * *30 8% 8 '55 7a 1037a 78 108 7a • f-Oct 4% Oct V--7 7 1,000 5 Sep 7 May 21 1017a 105% /1 105 74 107 74 10174 103% ' $9% :: r , /I/:* 103 •"■V ' A 10% 4 ' a-o f8% f; 1077a 1073/4 \ a-o 10474 10274 J-J:;4 24 $104% 1057a. F-A $75 107% : '1047a 109% 102 106% •'81 Ai. j-j -4 m-s j-d 107 107 j-d 104 155 155,^' 3 104 107 10974 2 •,80 107 7a 1077a 7 47 106 . mU'. > y X M-N 107 1 ;?;• 91 105 7a ?$104% 105% A//;: 108 106 73 - 100 104 107 7 105 74 108 ,4 ^ 101% 1 XX .-V--1 3 104 155 - 172% ft V.I v.* ' Y A-O "103, 104/ 1%, 1952 AT-s ]I$1207a 122% 1951 A-O $99% 3s_; 1965 M-S 3%s4 1970 A-O 1971 j-j $104 1970 F-A $108 M-i :1007a 1007a 1952 A V:; -{ Steel mtge 3s California Southern California Apr 1st : Edison Gas Bouthern Counties Gas 11% July 2 -v. inc Southern May "'.115- 105 : San Joaquin Lt & Pwr 6s B— . 112 108% 1007a 1959 siV/ > 101% 105 V4 1949 ^^1* 977b T_; ■ $102 ; j-d 1013/4 1017a 21 1964 4%s B (Can) series v Scullin 9%Juah •■7 76 — IO53/4 105% Z t perpetual certificates— 5/28 •24% May Sep 7 500 99 y3 983/4 10574 97 97 • 1013/a 102 . 1964 Light 5s 1st mtge 3s 1033/4 8 1955 & 3 26 103 7a 104 7a 1017a j-j 1970 '■\v-"- ' 99 Va Queens Borough Gas & Electric— 46% Aug 10% Mar Dec 2 5,250 •;■;- Feb' 4Va 1,400 7.3/4 ' 27a 1 j, 25 '' • 99% $10678 • M-:n 3s_.—————————..,1971' Corp - j-j 1968 mtge 3%s 6% 114% Aug Dec 110 600 , 6% ! 50 vVi Feb 719%:. Jun-i 1,600 150 110 34 32 9% 100 37a 14%; ; 4 47a 1074 1 Utilities $6 Texas 104 98 7a ' 110 • Wentworth Manufacturing 1023/4 5 u'::A Public Service of New Jersey— ; ' 37a — Wagner Baking voting trust ctfs ext—• 7 % preferred-; — 100 Aircraft 107 V2 / 55% Utility Corp— — Power . Baking Co warrants 115% 111 Va 105% 983/4 103% —2004 1st mtge 3%s Power 99% 1954 Pennsylvania Water & Power 3%s_1964 4% May 24 M-N 1961 5s 5%s Park Lexington v Warner 112% 4 1033/4 104 M-S j-d 4;/A5%s series A (90% redeemed)_1948 - Ward 105 74 109 —. 1033/4 557a 7 j-j 1947 Westchester Ltg 4s Pacific Jan 12% 300 2,600 1948 - N Y State Elec & Gas 137s. Jan r Co— 113 1037a 104 1948 Sinking fund deb 4s Watch 55% 104 54 tmmm — 103 M-3 ; Debenture Jan 145 23/4 a V Waltham 101%, 85% 27 106 7a 1067a • 1967 Amsterdam Conv .'5!5%.;A?r; . 160 6 Petroleum Bond class A— 60 103% J2 $1107a 111 106% -1963 Light 4%s Eng Gas & -El Assn 5s 1st & ; 63 98% 90 $112 4 Public Service Co of Colorado— Waitt ' ".1007a $10574 ; f-a 34% Aug • 4,700 115 113 Waco Aircraft CO—*—.— 60 30 88% M-S 1956 1st fntge Vogt ' "35 32 j-j North . 100 90 j-j New England Power 3%s New England Power Assn . 4% Sep .5 Syndicate Inc Manufacturing 100% j-j 2022 New W0M i Venezuelan .35' i j-j Light 3%s New 8% May Utah Power & Light common. Venezuela 7-j 7. 1970 Extended - 20"% May Nov ,?y Utah-Idaho Sugar- •;',■ 4:436 • Aug 3 „10 Co.. common. J-J M 1969 Feb 100 •11% -10 Insurance 32 65 . _50o .. Oil Consolidated Universal 59 Vi ' 29 * 40.„.)■,? 3474 McCord Corp deb 4%s__ Midland Valley RR— ->4 774 Jan 1 common Universal 35.;.'' 1 ' 445s United 65 4 i 32- ' Kentucky Utilities 4s Jiin 17% A„. ,, 40 •,._ 24% .Apr . Oct .. • 28% $36 4 - .r.,- /. High [ 4i-r.4' u 29 F-A 1963 - Gas Electric 6s Apr-; Sep Low j-d 3%s_T——1966 84% * common U S Rubber Reclaiming- Electric Power '49% July ' Mar 2% • * preferred with warrants 1st 15 5 Securities Range for January. , > ■> 1952 '12% Oct 16% -1 — U S Graphite common U S and International High .! . wj*—1957' Altalian Superpower 6s Feb: Sold / Low ;• 4/4.4; , ——1955 6s—- Sep Sep 10% Oct ; 4, Bonda Bid & Asked 1, . A6%s (Dec 1 1941 coup)— 1955 series E-— w 1957 .' A7s (Aug 1941 coupon) —,-—1957 .A7s series F_—1952 / A 7s (July 1941 cqupon)—1952 Dec 8 67% "46 . • ••• .A7s . Week's Rang* or Friday's Last Sale Price Aug 4% » i: .• o Debenture 6s—— 9% 294 Jan .1% Nov 17a: 1% 25 Profit Jah 284 25c 10% preferred. ——10 United Shoe Machinery common 25 United : '* •" '"■L —100 United NJ RR & Canal i- .«ft'" '•>"! :. Interstate. Powe^ /'//// United Molasses Co Ltd— Amer dep rets ord regis Friday bkreit Period JInternational Po^ver Sec— AG%s series C—1— / 15 ; participating-preferred.^.——• $3 Sep . 40 t V1'50;,; ?<::J32 A .Peb , 60 A May , 13% Sep Xl5%i •?'. 2,200 :'21% Apr.-37% May ; 23% 24 Va ■S 17,800.- r *20% Oct * 4?i1 100 85 85 40 xiiyv BONDS New York Curb Exchange Y.300 • 23% 23 Va ty85« * United Milk Products———4,— t> ,/•*; t/r■ v.-v.-o--.'./ 6%' ' United' Corp warrantsr-rJV United Elastic Corp—• United Gas Corp common— 10 & 6; 4:~4.-V4. Range Since January 1 High, "5% 23% United^ Chemicals common——* Light Shares Low XXXX-XXX- Par Uriltect;; Aircraft'^roducts coiAV-—-50d/ United for Week of Prices -••, Sale Price " Range for week'ending dec. e Sales Friday / , (Calif) Gas & Elec • . 1063,4 106 " ^ . 1207a 126 ' & + ..«*—■• .-C-- .. 98 ■' 1013/4 vi 1057a lt)8% ; 105 109 u' __ 107% fe' 28 6 1063/4 1063/4 - — mtge 3s Southwestern y* >' 103 -f 3%s 7 105% ; 1037a f- ; 107% 108% 108 ... — * Virginia Coal & Cofce«— West 5 93/a 8% 117 Ry 7% 1st pfd -100 • Stationery corn- 32 32 Westmoreland Coal— .20 27 28 Westmoreland Inc—. .10 Western Maryland Western Tablet & Williams 14 !- 45 133/a • '--A' vv.; . ■; .1 common. Brothers Wilson 14 -'"Sep. 32% V: ,,200 Oct 13Va ■7 20O NOV; i . 40 Va 4" 49' 4- 24% . Spalding (A G) 5s AStarrett Feb Apr inc 5s Stinnes Mar .1 preferred w w__— Winnipeg Eleo common B_ Wisconsin P & L 4%% pfd— t;4 24 * Jun 4;/;;:55 V'4 Jan'; 7 29 4 Jan 217a 18 6% 19 50O 213^ 6% 2 107s 1174 5s £1 deposit receipts—— preference _. (t n 1 107 10 . Interest :f ^ ' "A V t.. fe: ? 'V ' - Paper 6s—— Appalachian Elec Power 3%s Appalachian Power deb 6s ; 20 May 112 Sep 600 Apr : Electric 1953 1955 4%s T & T deb 5'/2s A 3%s——1964 Atlantic City Electric 117a.- 400 10 • r —.1959 a-o Il952 f-a -2022 Jf-N 1st , 1174 Oct: 10,900 7 6s 107 - - W 303/4 f?!l04%*104% 48 48 104 3/s 1077a 1067a 110 J-J A-0 . y. — 4 A 5s Wash M-S 103V4 M-S .. -; v 5s series C Light Co^- . Bickford's Inc 6%s Boston Edison 2%s—r 111 Electric West Penn Traction \ 116 V ' _1954 6674 / Power 3'/a 8—.— -1964 Penn 106% 109 Yb .y\, 66% 6674 58% »$108%_:.„'.i 7— -2030 5s l 9174 107%' 110% 106 109 115 $106 ^ 126 " 1960 5s. :/$115.% U8...-< 6s s „ . $1033/4 1043/4 1007a 106 7a Foreign Governments & Municipalities January 1 V High . j 108%. 1043/a 11174 120 124 ' 4 Interest Sale Price 106% 105 Low XXixXXXXMi1 hXXXXX: XXi x 108 v Week's Range Last Period Curb Exchange 104% 1023/4 Friday ,BONDS New York 99 V2 1037* 103% $106% 108 conv Uni< f debentures. - Friday's or Bid & Asked High Bonds Sold Low Range Since January ] '■, High Agricultural Mortgage Bank (Col)— A-O A 20-year 7s * April 1946 A 20-year 7s -Jan 1947 Bogota (see Mortgage Bank of) ACauca Valley 7s 1948 , — 103 104% r income debs—— Water West Feb 1007s 120 103 102 & 1043/4 1043/4 Range Since „ ~ $118 Power — Waldorf-Astoria Hotel— Feb 6% 4 Sold 1087a 109 Va — 103 •/ 5%s Debenture 6s series A^— . Apr 7 Bond* Low J-J cons Western Newspaper High $1017a & series A Utah 17% Mar Feb 2%r Oct - . Friday /Week's Ranga Last ; or Friday's Bid A Asked J-D 106 106% 107 1957 1960 —1962 —1970 series B M 5s •'"•• "" y. 4. Light & Power Co— lien .'.wvV'JV(4 4 v.i7\ Jan 16 Sep 17% Canada— Bell Telephone of 106% 32 1067» P? 106.7b 10674- 11% Juri 8Vi Nov Sale Price Low !■"* 1961 1970 2024 Assoc 35 1045/8 j-d United Light & Railways (Maine) 6% Oct 1% Exehangt Amer Wrttlng Associated 35 A-O 1st Dec 100 v • *' > 4 78 > ' - Period t 99 1 12 A"; j-j United Sep 6% • 10% 4 — bonds New York Curb ; 40 -1949 " 107 107 10 >Z—L Inc Industries -f" $36 : -1968 % f ; -1946 Jan 9% 100 Wright Hargreaves Ltd ,i\ »i- j-j A7-4s 2nd stamped ¥4 8 r> Sep 1,600 - _____ Portland Cement—. American ■ i United Electric JN< J 4s '4'.',: 8% Woodley Petroleum-^-j————I Woolworth (F W) Ltd— j •> 94% 93% Toledo Edison 3%s > ' Woodall A-O ' - A7-4s 3d stamped Stinnes (Hugo) Industries— Feb 16% Nov 200 19 18 t-25 5% Wolverine Corp (Hugo) Corp— . Inc__— Products Willson : . Nov : Apr 4 155 V Nov 18 y 700 , 133/a 17. ' .17 ya'.. ■ y Sep 26% 100 147a 44 —10 A Co. C) <R ____ 16% Sep 28 100 .,.V. 300 —1 Oil Corp— River Wichita r. —I Weyenberg Shoe Mfg-1 Whitman (Wm) & Co_ 8% NOV 1,200 116 .116 >;7 110% 115% 120. 110% $106% 108 104 104 115 ' \ j-j J-D 22 3174 1955 M-JV 92 ' 993/8 5s 1953 F-A 89 97% Danzig Port & Waterways— A External 672 s stamped 1952 J-J 27 32 M-S 20% 23% Danish 5723 1083/4 103 ... ; Extended , " 1948 A5%8 79% 82 84 57% 58% IA Chicago Rys 5s ctfs (part paid)_1927 , 110% 67r, 81% 1954 JACentral States Electric 5s 67 112 450 4 73 ALima City . (Peru) 67aS stamped 1958 .-4' 103 7/s 104 103 5/a 107% 102% 102 3/4 101 »/s 1043/4 Debenture 5s———1958 103% 103% 103% 107 % Maranhao stamped (Plan A) Interest reduced to 2783 —1969 105% 1053/a 105 109% AMedellin 106% 106% 106 110 —Jan 1966 1950 Cities Service 5s 7' Conv deb 5s— Debenture 5s— Consol Gas El Lt & Pwr y ser $102 $118 412174 7* A7s (issue of Oct. 1927) M-N 2008 —1951 stamped 4 J-D - A-O ,—1947 $51 Gas Q 98 108 3/4 AMortgage Bank of Chile 6s—-—1931 106% Mortgage Bank of Denmark 5s. 1972 J-D 117,; 104%. 126 ;• '•'"• 2008 ^ 50% 53 —: . M-S 207a 27% 90 99% ,4;. Parana (Bait City)— mtge 4%s .4 Gen 102% 1037a 102% 102% 52 — $20 7a J-D ft 1st ref mtge 2%s ser 1st ref 2%s series R Consolidated 507a 51! M-N 1947 , 1969 1976 1981 P 7s Mortgage Bank of Bogota— A7s (issue of May 1927.) (Bait)— 1954 ref mtge 3s 1st ' stamped (Plan A) ;■/. 27sS Interest reduced to 98 : ' -37% "44' 41. ■ Delaware Lack & Western RR— Lackawanna of N J Division— y'4 1st mtge 4s ser A 1993 mtge 4s ser B 1993 1st Gas Eastern Elmlra Power : 49% 4 27 102% 124 76 •No g J-D 1950 J-J 1963 J-D - $62 30% J-J $67 71 A-O 106 106 A-O 1 Indianapolis P & L 3%s 62% 109% 106 65 75 J-J 1963 F-A 1970 M-N $103% — par value, Ex-stock dividend, v Nov. ' • \:'.t 1950 5s 1033/4 1043/4 10 104% 104% $106 Jan 1949 1st Hen & ref 5s a572s 327s 2012 1919 1921 4% 5 - ' 44 4 5% 47a 57s ' 4% 1474 4- 14 130 $-_ 672s ARussian Government 1073/4 130 Jan 1949 B Service 102% 103 1958 3%s Guantanamo & Western 6s Indiana 81% 24 $__ 1948 Rayon Co 6s ser A Mountain series 55% 1956 Hygrade Food 6s ser A 6s 44 Bank— Grand Trunk West 4s Green 62 " 27 1965 3%s & RR 5s stamped A General Rio de Janeiro stamped (Plan A) Interest reduced to 2% >rV'.; 4 61% 1961 & Fuel Water Lt Finland Residential Mtge 6s • ; y ; * a n 102% 102 3% 104% 104 % V106% 1067a sale, d Ex-Interest, e Odd-lot sale, f Ex-distribution, x Ex-divldend. y Ex-rights. tThe following cash sales are not Included in 27, at 2772; N. y. Merchandising Co., Nov. $Frlday's bid and asked prices; no sales being "ABonds being traded flat.' 105% . delivery Deferred Under-the-rule sale, x Cash sale, 110- 106% 102% Abbreviations used 104 104 105% : ; [) j HammermUl. Paper Co., SReported In receivership. 105 the year's range: 27, at 183/4. . 7; transacted during currant weak. '7 '' X'X'.SX X/.v . ■:■"'-/.;/ 105% 108% abovfr-"cod," certificates of deposit; „ convertible; "M," mortgage; "n-v," non-voting stock; "vtc,M "wl,".'when issued; "ww," with warrants; 'iw," without warrants. tlve; "conv," wmaUvoting trust certificates; "cons." oonsclidatod, win '". : .-''i'i': ■•'• '' .,Y J •>' • "•'»«''•.•!, ' • ,*:'< >•• • i| V/Y'V ■' j . v/i :/Y//r/Y.Y !;Y '••r. *'u >a-'"Y >■YY' ,.j- Y„ ■ '• ' "',;v -Y ■ Monday, December 9, 1946 COMMERCIAL & FINANCIAL CHRONICLE THE ,Y * «/ I//. >£*. Y Y/Y.Y Yi:!'V-/ ' OTHER STOCK EXCHANGES WEEK ENDING DEC. RANGE FOR 6 / 8TOOKS f..\? Baltimore Stock Exchange / Wednesday STOCKS 'r ••/. 'Y,//./ '"' " Last >' Y/Y;:XY !A- SateFrlce A., '■■■ Par ■■■ Preferred 100 4'/a# pfd B-100 vtc tConsol Gas E L & Pow ;42 -20 Mt Amsterdam Casualty— Fidelity ti U Co__ Oil American North GUar <k ; — - 303 .Feb Jun 160 Oct 186 38 Sep Jan Mar 129 - 303 8 16'/2 90 ' 24% - 60 v : 70c 1,100 :*r 40% ? 27V2 90c 43'A 45 271/a 85c 45 /// p ' May May Mav Jan Belden Mlg Co common Berghoff Brewing Corp Binka Bliss 58 May Nov 37 Burd . ' Jan 1.30 Mar ■ Butler v;, Transit Baltimore 4s———1975 Co •• i Convertible . 450 ' ! i , ' ! i Preferred Y < > ! . Week Last Sale Price Range for Week ef Pricee 8haree ' s. ' 11% 12% 600 11% Dec 36 Sep 37 — American Woolen 38% 40 40% 700 41 , 150 41 • , ^ \ X24 6« class — 48% 40% 347 class B 1% class 16 — 130 47% ; 4oo 44 76 77% 36 .* • Y • /Y/5Y -4 6% 7 4 100 100 91 Dec i 4 59 ; 300 8% 8 —* 100 —5 14% 15 200 14 80 Hecla— —— 33 y8 110 7% 8% 80 Nov:/: Y 6% Oct 22 53 26 257/a /';- 120 97% 97 97% Group Assoc—: Public Service—, Engineers 126 130 ' , 30 30 32 21 ,21 28% 29% 47 16 28 25% - — Oct 17 Y Y Jun > 30 Feb 52V15 May Jan 22% '. Jan May 32 y4 May 16% Jun 8% Feb Dec 3 , 19% Y, 111- 18% Oct 13 30% ' NOV 7% - 68% Jan 16% Feb 14» -May; Dec ■8% Dee 48 Oct . Feb 12% Nov ; ' 27 Feb. Sep 49 — 9 Apr 18 N6v' 8% May ; Aug May 34 NQV ; 12'/8 5 Inc ■- 79% Feb v 14% Jan -P; 42>/a Apr Y, (H W) Co 6 Oct %4% Jan ^ \-v-. 18 - 5 <■ -• Hormel u Co ———1 9% 9% h 17 12% Aug Se p Dec /: Jua Y 38 . 17% Apr 55% Jan 70 •' Oct 26% Aug 75 Jun 44 Jun 5% Sep 10% Jua 38 Y ;» 10.. Illinois Brick Co Capital v ; ; i 25% May 26% July — 22 Indep Pneum Tool (new) Indiana Steel Prod r Interstate Power $6 pfd————* : 42% Ap* Y Jan 25% ,.;'25% Jan-/. ;'iv,''*'^1;;' common—1.. Hupp Corp common—i Mar 71 17% N°T , — common——* (Geo A) Nov 16, ; Nov * common. 30% Jun Y Dec 50 Va * Inc common—-. Hammond Instrument Co Feb 51% Jan 48% Jars Jan Apr ; 25 50 Feb 20 common—. America 36 90 • i5% . —5 25% ' *11% Oct , Apt .20 . YlS^NOV:;/^ • 35 23 11% 3 Y Harnischfeger Corp common——Id Heileman Brewing Co G capital 1 'i Hibb Spencer Bartlett common! 25 ' 41% Apr Dec 33% • Y, 35% —* - 31 Co Gillette Safety Razor Jan 41% Sep "29% 32% • 1 Great Lakes D Ac D common— V'fv-' V,V V :V-r :.'■■■ Jan 46 Sep 41.58 NOV 42.62 . 140 17% Oct 20% , 1 Amer Gossard Apr 25 'Aug 21% 19 24% 1 Eieccric- Jan ;i, May 95% May Oct 9 25 common-! Goodyear Tire Ac Rubber com- / uenerai 120 i > Oct". Connell Dredge & Goldblatt Bros 70% May 3eneral Capital Corp___ 14% Jun 65% May" ]•' 27% May » 7% • 17% May !• 28% Jun ■:( x Dec " —1 Feb July , Jun Stores National First Sep 21% ———— Jun 145 126 • SS Lines Inc common Eastern Nov 76 . Employers 8 69% Transp. comtfion——*5 ' —" General Finance Corp common —1 ' * —' * Preferred ——10 6% General Motors Corp common ,10 50 < Gibson Refrigerator Co common 1 iVa Gillette Safety Razor common—„—* — 8% Apr 4% 4% n 4% -100 Gcft;:S 110 fi com pt sh vtc A—--!-* part sh vtc B— .—»!*■■ 10 Co General -A'YA•V>;-;YY.Y'/ #'; .-*00 -100 A— — 6% preferred B;—u~.———. -ioa -100 5% preferred adjustment 211 ' ■ —10 Four.'Wheel Drive AutOw—..10' V, 81% May 1st pfd series 15 % Majr-- 124% Y 19 Oct v/i 7y4 Nov : 59 Jan.' ' 65 'Co Inc———-8 BlBcuit Flour Mills of ; Jun 42 Oct , Dock Jan . Common Y - Sep y;.6% ■%'* common Fitz Simons & 104% May Street Ry— Mass Eastern 160 840 : '7 Elgin Nat Watch Co new com———18 20% May 76* Apr 12% Feb Sep - .-100 i— „ » , Electric Household Utll.Corp— 22 Vi Jan 23 Associates— prior preferred 6% -preferred 4%% ,j; , Nori •eye 110% Sep. Y '? 19% Eddy Paper Corp (The)————* Jan Y 25 " Jan Nov ' 10 Eastern Gas & Fuel 6% 21 7% Oct 215 33% Common 11% 3an 6% Nov 7 Nov 600 9 Service Cities t Jan 39 Y May ' 10 g% Dodge Mfg Corp common new Domestic Industries Inc class a Jan 8 Prop May 27% • 20%-Nov# 1,000 X72YY t;; — Consumers Co ■ Jun Dec ' 35 473 .36% 35 45 7% Calumet & Corp Consolidated Apr1 July 86% MAy 34% NCV ■ 7% Boston ;-- Coleman -(The) 55 ' 72% Sep 65 -;425 • B :Y: Personal Nov May 51'. 20% Jun .33% Jan • • Y 50% Apr Y 5% Feb ' 1% oct.:;.Y' 25 Feb 'i 13% Nov " Y / ' , 200 *8% Club Alum Products Co common——* V 25% May YY Mar,v Trust & Providence RR 10% ■ 600 Common capital 150 Oct 120 1,619 49 Va —100 100 Boston - 66 " May 153 15 'YVSepYY 175 16 - 127% 130 stamped class D stamped— C 10 ! Feb., 59% May , < Oct "NOV ' 50 300 • - Cities Service Co common- Jun 51% Feb Dec 145 6 145 34% 1st preferred!stamped—u.. — A 8% •* . 10 22 70% Maine 61 5% : 2°o Jan Oct 1 RR— : prior preferred 100 preferred stamped__-.J—,-—100 Boston Oct 30% 34% . Chrysler Nov 1A 849 Traveler Corp.— Herald Boston , Jun 212,760 145 106 v 130 r<& —25 ,..v477/a -100 '. 76 :U, — Elevated Ry Boston Jun 46% 145 • — Edison. Boston 7% pfd—100 — Y Aug 18 v .< Y: .,/>.• :;35% 200 • 25% I Sep nr * 19% 19% » r 10% 10% , 50 . 40 -Y Commonwealth Edison common Albany Kit—— it 52% 200% Nov Nov t . Inc. Son <fc — Carpet 6% Bigelow-Sanford bud 37% 159% 4,134 2^ Y:2 46% Copper /, Boston / . ,r Nov.,, 37 Feb 30% July Oct. v.i-L 16 - /■. Jan. x 17% 950 •! .:•./. 14% % May 49 26% i ; 400 - Chicago As Southern Air Line®—8% Chicago Towel Co conv pfd——-—* ; . High 39% Rights Anaconda 164 7/a 168% 165% & 2% Tel- Y-"-70 40% 40% Chemical Co. American Agri 1 Bang* Since January Low Oct ; Y 35 Vt. 10 1 common.* preferred' i; : Convertible preferred High Loip, American .Tei„& . Y;;:« Sep 12"% Mar // xlO'/a Omcago Corp common— j . Sale* Friday Y ; 17% w Central States Fr & Lt preferred—* Cherry Burrell Corp common— 5 .: Exchange ; '' . Y 17 950.. 16% 40 /-■Central s W Util cbmnion-L——1^—506 ' ; Prior lien preferred ; • i . / 2oy4 jup. j i1.8 % Jan i) 14% Feb Oct ! - 30 19% 14% ' Boston Stock :-4 '] j i >6% Nov; 200 - High ; , NOV 16% _ .. coftimon-!-*.———10 Central 111 Secur Corp 95% Jun Jan 87 $1,000 92 92 -n—. Corp Brothers , 1,600 13% 16 7 5 common——: l *•—a.12% Ring 200 ■ 9% YY' i. . " 18% . ' * * -/- 35 *; 33 ! —. 5 * capital— common 4% 6% 10 Castle dc Co (A M) common—— ./:/ ... Piston Burton-Dixie Y Bonrt»— •; (E J) (E L) Low 450 V- - " Apr 54 Oct r" 280 Bruce Co ;4% 6% Y X6ye- 2% (new) (George W) Corp—1 Borg-Warner Corp common.- Aug Jan - Laughlin Inc com Brach & Sons 313 capital Co X4% 10 19 1 14 1... Borg 313% Aug Dec Feb Mfg & v _ Rang* Since January 1 Share*: 10 y4 'i * — ; Sales for Week High 10% —3/ y.' Bastian-Blessing Co common- AUg 58 300 25 63 310 303 46 44 27 V2 85c 46 _Y_2 25o —50/ 28 114 31% 13% 55% 118% Feb 4% 55 163 40 163 40 303 i— i.. ■ Vernon New — 100 .—100 Woodbury Mills com -20 B 116% 116Vis K-,* Nov 21 ? Range of Prices low common-!-—3 Washer ;V Aviation Corp (.Delaware)—; High Low -"190 > ■■;! Week's frlday V Last -' ■ '.;;.v:Par Products capital-. 1 4. Automatic Ranee Sine* Jannary 1 Hi0* 22Vz 23'A . -10 Fire Corp class A» Fidelity & Guarantee Finance Co of Amer Athey Sales Range for Week .'<• *f Pricee Shares CY. /9 -/ ■ 9'/2 "'418 Y /■'- 41 >. 42 • $ H ^ --329 • 163 - 40 Fidelity & Deposit Co___ Class •>/ !-•••- ,Y;:V Week's L0W ■ t o-——• Co common v Transit 23'/a ————!*■ Corporation Arundel ban ! ' I ■ vSale Price 30 — • fi May . 58% May i 22: * ' Hathaway Baking Kennecou Mathieson pfd Alkali Works Assn Inc ■ .•«.: 125 28% Sep Sep 37% May 50 15% 24% 49 145 79% Nov Apr 17 . 130 15% Nov 30 636 13% Oct 25% Jan 50C 35C Oct 1% Jan 1,100 fext Lindsay Light As Assn— England Gas & Elec \k 5%% preferred New England Tei & Tel Northern Old RR Colony 117 117 / 100 (N H) RR 92% 4% 460 2% Oct 585 4% 3% 32% '■' 32% 34 26 : 25% 26% 3% 3% 29% 1,908 ; & Stone Stop * Webster Co- United-Rexall — 9% Inc. Drug —25 45% common—50 17% 18% • Ji, jJ\T' / 455' 22% > . : . 24 V- Y/ / 478 53% Aug c "YY Dec, 16% Oct 21 ya -Nov?., /;YV 645 18% May 79% 23% 39% Apr Adams (J D) • Mfg common -1—1 Admiral; Corpr common—-Advanced Alum- Qaatlngft—. Lour 16% Jan . 6 ; »*- 16% Signode Steel Strap Co com Sinclair Oil Corp. - 70O 350 6 8% 9% 800 17% 17 y4 100 American Tel Ac Tel Co Rights pi '1—1———w. Armour a* Co capital—10O •" ■■■ 1 common! 1——rai>i.i ,r see page « 2993, 166 • 2-JV 46,309 12% 1,600 3 Asbestos Mfg Co common. For footnotes 165 300 15 * 3% 1,650 - * —1 r— —1 • • • - Oct 13 y4 8% 17 Sep 14% Sep 25 ye May 160% Nov 1% Oct Feb 2-jV Nov 18% May 2% Oct 7% Feb Corp !l0 connrron!-!!———* Tool; common—-5 ^common—.—-_2 Sundstrand Machine Trane Co "(The) 199% May Sep 10 ya Sunbeam TranBeont, West >Air U S ——• ! > " 3% 3% :24 •Oct* 10 Oct, 15 37 / May 49% Apr Oot „.A2%-Jap 37 % July j 20V4 Jan ... a 20% Jan "t 59% Aug 11% Aug 7% Oct l,4oo 290., >.;25% Sep : 14 y4 Nov 30 ; Oct 89% Apt Jan 45 •' 19 Y 27% 400 : . 28 , 500 - 19 Y 3% Nov ./ ' 21% •" SI 21 , 49% - 21 : 50 Y - 1 27 ~ 550 1,550 24% Y .... . , ; 340 . Pct> Oct 18% Feb 21-.. .21 50 —..500 ■{■47% Mar 19 50 150 -% '22% .0% Feb 9%-Deo 37 y4 - Feb 600 : 40y4 — 71% 29% Feb . Dec Sep 700 V" io y4 39% , 9% •* f8% 24 y» :33% Jan ■8 Y 20; ,'i 30y4-32 3% . - 28% 17%, - Feb 114July !■ 28 y4 .• Feb Sep ; 15% 47% May Nov 35% -750 -kY * May May Oct 23% Nov / 15% r: .1,000 8 May : - 4% r; 12 r- 7% 16 -12 % - Y900Y . 65 94/ 11' " a21% Inci-——5, Y Y14 Deo 127 800 ' Y 150 Dec ■25Y Sep - ; 29% jun / 6% Get Y 15% — . 200 • 9 :25%* 27% ; 28% _ ;V ;'Y Feb May 100 "Sep "25 "Oct Y>5o; • ; Sfeel'comaabn.: 25% 8% : 1208 ■ r 35%, 36% 8% ! . 200 130 _ Jan 32 : 7 100 4% 24% "50 184 38% 100 28% Y 36 Dec Y 26 Y;: ." "1,100 95 «"96% 103 'f Oct 22% 2,050 *" Y 12%' 13 "YY; 4% 11 '".15% , 38 50 j;7%Y; 25% ■r" ; ; ' 3,650 102f/YY: 100 Oct May Y 9 Jan 19 38% < 19 130 Y 7% 7 38% 14% f.Y'-r > 110 27% .. Storkline FunrRure Jan Y 53,: ey4 500 L' * ' - ' i :.J Sep "Y 50 -V- .• !..V;; (ne\y) Jan Sep 57% Nov, 29 ; NOV "150 — '7 Apr)] 27% Dec 'V 31% May Y 14 Va 100 «.—'/;. •• • 42 Y5% 40 30Q Standard »Forgings -common—!—!—l , - — Stwdfttd^irot Una AapMiali 10 :• v ; — " 20% July 20% Feb Y %7%J 35% May T Apr Sep 15 200 common——j 17 Va Stockyards cap —• - 32 Dredging commons——1 Common High Dec 9 6y4 common. Bearing, Low 16% Nov ;^8%,Apr; || Nov 750 7,700 "Inc Standard Bi*|tBiiMl*B«uy 1 Allied' Laboratories' common— Aetna/ Ball * Serrick Corp class B common > Jan 30% 20 Y st Louis Nat t 20 * ./'r:.-v' ' Y *Shellmar Prod Corp^oommnn Spinel Share* - IS 10 dSociety Brand Clothes common 1 South Bend Lathe Works cap (new)£-5 0% 9 • 5 . mth •• I Apr (} 700 21% 8 commoii---^«I—10 Steel Car common • 151a ... Y-v/.Y Yf. 2,400 Sangamo Elec Co common 25 ' ; Bears Roebuck As Co capital——36% Jun for We*k ef Prices Sale Me* HP' Nov lt% Mat- •' common i»;, Sake Week'* Range Last Mfg Pressed Chicago Stoek Exchange Friday 10 May 800 • 1,600 Quaker Oats Co common*-:^———<■—* ;; .— Y Rath Packing dommon— —10 ■ STOCKS 1,000 20% :—— 1 ; , v 7% (The) common neW—25 i Peabody Coal Co class B oom ■ •' *7% ■Y' '; 6% preferred !————100 100 ^ Pennsylvania RR capital —50 —/Y' Potter Co (The) common 1 — 83% Feb Y class. Oak Apr 85 10% 23% i' 51% Jun "Y"> YY.Y Parker Pen Co 49% May ,/ 49% Nov'"Y 41% Oct::/:. S'i 87 Deo 46 ' Sep Jun 62% Jun 67 64 43 % Westinghouse Electric Corp——.—12% - Oct May, 9% Nov .925 ' - 51% 41%% iY 41% , Apr 16% 41' Oct *: Northwest Bancorp common——* Y 22% i; Northwest Util 1% preferred -100 ; /141 Nunn Bush Shoe common2%•— Jan 46 : common——* ' Co——. ——-* National Standard 19% Feb , Oct 416 70% 49% Waldorf System Inc 34 Y 37 2,311 47 46 ; .Dec 14 . 41% — U 8 Smelting Ref & Mln Y Y. 17% • 23% 40 < " 10 < 67 Oct Feb 11% May Jan x32J/4 27% "%19Ve .Muskegon Mot Spec Feb 6% Oct 225 47% 9% —10 U 8 Rubber 12% 14% , 150 . 36 40 /•; -69% 46 ;/ Shoe Maoh common preferred 6% 35% 38 YY « 46% 5 —.—.f Twist Drill United 15 47% . 14% Mar* 506 14 Oct 21% Montgomery Ward As ' Sep 19 43 * 11% ——10 ——1*'^.53 prior preferred Modine Mfg common Monroe Chemical Co ' $1 47% Apr 2% Sep 50 15% 1 — ; 25 , 13% 14% * Fruit Y. 13% 15% * Inc Torrington Co United 16 .13% — & Shop Inc. Union Y:^Y..fY Y:16 270 Apr 16. • Oct 24% 850 » 3% May X6 20 10% * MIckelberry's Food Prod common——1 Middle West Corp capital 1 Miller As Hart Inc common vtc — 21/4 Feb 143 ; RR Mining Co_ — Aug - Pennsylvania ——,.— 142 iy2 1% Qulncy Shawmut Assn Oct 116% 150 300 ■ common-—-a-* Marshall Field Ac Co Mar 129% 129% Pacific Mills common Reece Corp Jan 76 25 120% 92% — 100 2.50 100 Mining Butte North * 132 ■ 6% 46% 22% 10% !_ -i' Aug 27% 6% 1 Chemical com 112 46% 7 Libby McNeil As Llbby common Printing Co common 57 y4 July 555/a 25 6% 27% * Lincoln i New 55 % „ preferred ; -A 15% Mar 110V4 110'A ——V—-100 common—.,..... 15 9% 9 Univ common—*.—5 Beath AC Co Cumulative Apr 14 42C 42o 17 13% preferred LeSalle July 21 14% /Oct 50 6% 14% 14% Katz Drug Co common 56% Jan Jun 23% July 17 1 ' 1 Kellogg Switchboard common—* Kentucky Util Jr cum pfd-—.——50 / kJim: Brown Stores Inc common 22% Feb 6 25*% 15 y8 I 13% ■—1 ——1 , 25% M Nov Dec , 49% — 1 ,. National Service Cos 29 47 Y/'xY/, • 1 Corp class B__. Narragansett Rac'g Nash-Kelvinator 16 16 60% Apr 41 20 29 * Mergenthaler Linotype Mullins Mfg 275 & '16: Y; 46 100 RR 5% Central Maine 11 9% Deo Sep 90 49 Y Theatres- Boston Loew's common,—. 9% 9% Y9% Copper 47 y4 Sep Dec ^9% May 3fe "Jun "W Ju^ "34% July 40. J21 May Die Get «5% Oct: 07% Feb THE COMMERCIAL & FINANCIAL CHRONICLE Number 4549 Volume 164 OTHER STOCK EXCHANGES 1 : /-/'/ ;.■■ ://•/■/.■//Last-r■ ■ I .'/////■:, v/> •'* wiKTonain Banksh&res ■ Mach Yates-Amer / Pat • common / 'cap—-..5' /"/'*—" Lote; '■'/ / 24 1,300. 123/4 1,150; 12 39 Ya 21% Nov > 8% / 8% 300 -Sep Jan 13% May 7% Oct • . Halle Bros / 19 : -L,-.;.,,://^"4^:/; Alleghany Corp' i anaconda Atcta 50 Mining Copper 4: 4'% 133/4 14%' 33% 14 v ^ / Li z V. 33% 110 / Jan (A G) / 1 103/a —- 8 8 .. ■ Motors.^——^-1' Iron; Curp common——.—-* § mteriake ' 1) Co Martin {Glenn NaBh-Kelvlnator 1 common^.... Wew York Central REt ; — # Corp Oct 8 ~6% 1%^ : 10% Nov/ ; tg%, Oct <; 400 13% Oct 14 / Oct 24% Pan Amer Airways Corp Paramount 25 V* new Pullman Incorporated Pure Oil Co (The! common :i'v.;./-V'r ■, Steel Jan Standard of N J Oil 1 50 6% Nov 3% 251 3 15% ■ 15% 15 13% 31% 30 31 Ya 22% 23 114 26 Y4 102, 15 15 Y4 35 26 26 Ya 52% 23% 53 23% 854 ;/-43% 46% 141 " L_ .• 52% _10 common.. >■.«**« : • lUn) / V Co 67 29 Va May Sep 47% 15- Nov 237 24% Oct 382 49% Sep 19 ; 28 New York Stock Exchange : Jan Apr 40% July ' Detroit Stock Exchange '/' •"•///'L?/' ''r: Ford 's. ;; Jun 30 July ■'■'89% Jun 20% Mar . Oct 97% 25 67% Sep 83% Mar Feb ■ ' * / Chicago Stock Exchange ' > 7...;' NeVr York Curb Associate '* ' > >':-V Co»g ■VL;/;//-/::.. v. //' 'v ; '• -* f J, : : ' : " V. DETROIT; i," 8 / / 50 common. - , Detroit Stock — * - Exchange Sales /Week'a Range for Week •f Prices Shares Friday , , Bigh' tow Aluminum Industries 15 ' " ■' 15V* ^148 6%"* 6% z.—w— Beau Brummell Champion Paper & Fibre new Churngold * 243/a 24% v.,,,. 20 , 243/8 243/a 20 .20 TP preferred— Yards. * ;/ 12 Ya 13 —12% 13 ; Ragle-Picter/i/.^^ >,.—//' Found, investment; . 21% Edison 21 Oct 28% NOV 20 May /./• May, 18"% is ; July Federal 29% May 37 Jan / 4 Oct Sep 40^:4-/. 23 50 2, ,24%,24% Z, ; '2 ; Oct Dec , Motor Frankenmuth Friars Gar Wood General Preferred May 2Ya Oct 5 Feo 78% Oct 135 Ya Jan 10 Ya lOYa' •17Y4 NOV 10 ' Oct' j 7s/a L/5% on : 8 /■: 500 ■ 4,670 ■23/ 3,225 700 : 3 Nov 7 7 Feb 200 - 8 Sep 7 17 May 17% 19% 1,295 -17% DEC / •19% Dec 3% 4,710 3 Dec ,5 3 7 L 11 Dec i8% Mar 250 11 Oct 21 7 2% 2Y4 _.3 OYa _______10 8% 7% t - 8 7 Oct Feb Jan 163/4 May 16% Feb 46% Nov ,80 / ' Jan Oct 8% Jun 6 7:7 100 6 Mar 8% Feb 6 Ye 6 4% Jun 6% :/;.-4 Nov ?%, Dec 200 711- 5% / 6-; ' _.i 2 1,000 ; 50 493/4 1 4Ya 1 1 7 4% Mar 100 945 : /' 7Y4 i/i Casting- 100 12% //L6 _.i Aug 11 // 11 .12- /" : Brewing Graham-Paige Apr 3Ya 10 Ya ...5 ——— Dec 9Ya Feb 28 3Va ' - .1C ... 16 Oct Sep v/r1. . Jan 16% July Sep 5Y4 Feb 23% 7% Nov 14 100 7'Ya ■25.%/ 23 / V-lOYa „;i .2 f \ 30P 16 24 Ya 5 ; Goebel Leonard f 900 Oct 56 ,, 400" 2% ^ .iO Brewing Michigan Die Dec 405 ...... Motors Gerlty Kroger 33 - 19% V Truck—,:... Inc 100 , 85 % > Finance — 7Ya Feb 18% Ale General Kahn __j. common.., 5 Oct 81% 16 '/ Inc Vacuum Bigh Dec 3 *2% —— //', Electromaster, Eureka / 33 ;23A 150 • 5 Navigation..— common. 1,250 3% 33 1 ^1 Gray Iron common.—.. Detroit-Michigan Stove :,rDetroit Steelz®orp new common Feb / ,4: ———— Utw 3 _io Detroit 106 / 5 Cigar Corp. Detroit 10% Apr:;; 90 G 8c Cieve . 21% W Detroit 131% ■; Mar/ ,86 -165 ; • - - Deo 11% Oct / : <- - , 'Sep ^ Davidson Bros D 25% Oct Oct 22; ' 125 Roller Range Slnee Jannary 1 High 2% 3% A- — Continental Motors 12% July 123/4 Jan 245 ■ Cincinnati Street Nov 22% 30 21 21 27 Ya ; —27%. 28% 28 % 41 8.50 /; 125 —*12 —100 ■:'-^'d£ •': ■' 125 •* 125- 'S* 12% 13 12% .50 ,12%. ,12% 113* -•••/ -361::87% 38 97% 98 57 50 Cincinnati Gas common— Telephone Union Stock : ' 100; Dec 7 44 8,8 ,u--- — 15 u. Bearing... Brown, McLaren common..— Chrysler Corp common Cons Paper common.. 24% Apr 31% Dec' ^46% Jan 5% Mar ;*.13 »A May 80 ' Balcrank Bower Bigh tow •' 31%-'32% — Macnxnery Liauuar> * Lots ' Nautical -Products—; Alien Electric Range:/ for Week //:;r/v1 ^"V;^ of Prices Shares Range Slhee January 1 >■ Salt Price Cincinnati Feb 40% Feb Telephone; Randolph 5530 //Last & Feb : 63 : 38 V4 Oct . '"-///;"■/ Buadin* / 65% / ZwFridafza:;zzWeek%::;> /-Sales O .. 31 • 65 Ya 63% MembeVa-' -''' 28% May Aero N : 165 -;X-■'/!' .• Feb 77;//::/^/:^ c 3P/Z July Feb Last Cincinnati 8Y« Apr 353/4 Jan ; 19 Ya Sale Price •j.fcnotn Oct Oct 23 71 69% 61 ' Apr Jun 7% Nov - Dec 253/4 5 72 53% 39% Oct 908 r 3% STOCKS • OctZ 52 134 7% " V'V /■/• O S Rubber Co common^ & fe6% •— 1 Sunray Oil Corp wairou Feb 1 /"United Corp t 173/4 Feb 8 WATLING, LERGHEN & 38 Aug 37% July a-J--Svi -i * 25 Standard Brands common Standard Steel Spring— Btudebaker Corp common . 17 V4 Jan IU74 830 35Y4 Aug ; Bocony Vacuum Oil 6o lne_w— it Oct Nov 1,176 8Y» 50 • Ohio common , //•:/;v:.;--./;-' /' •' 53% 12 Y4 7 50 .—. 10% May 32.;/ Aug 6% Feb Nov 26 > 31 Ye 49% —. (Un) Youngstown Sheet 8c Tube.< - 45 Ya 100 ;56% 50 , '/ Radio Corp of America common Radlo-Kelth-Orpheum -— / Republic Steel Corp common-, \\yu ■ S Feb De0 Mar Apr * 35 1 / 33% 33% /. 28 // • ' JL' ♦ 22 % • 1 ... t I / -Z-. / com 8 20 % 32 50 Dec 10% Oct - Jan 37 , Sep 2% — inc Pictures Pepsi-Cola Co. /Jan 44. 32% Sep ./ — Car-.—' Motor 34%" 12 Thompson Products common..— U /i93 May 15 31% /Standard Oil of , "" 'Packard Richman Bros 20 Ys Feb 83/4 May :/25-: 8% ■' Republic Steel <Un)— 613/4; Feb 13 y4 Jun ll% Mar ' 32 — — Reliance Electric & Eng. Oct. 10/ l- (Un)—. Apr Nov, 5% r 6%*^ BOO /V 15 com—4 new Tile & Mfg Central RR l6Va ' 55% May V 12%" 12%./: 32 34' s : • * Ohio Oil (Un) Pennsylvania RR . 51 Oct .+ 1"'1 class Feb 20% Oct NoV/, 34 35 »/4;._ 1,100 6 le'/s / / > 10 '' Y Jan 52 34% id' J 12 Ya Oct 100 '* — .capital North American Co—:—, 6% — 4 Laclede Gas Light • 3* t35 ,•/'/ ; — j/' / , 6% | General Electric 10V4 300 6 1 Parnswortb Television 8c Radio 100 10% 5% '; .Graham-Paige. /N 31 70 32 Portland Cement—* National 25% July 13% May 8% Oct >; 54 53% 1 -* .*■ — '• 32% .Ohio Brass B... 1 Curtiss-Wright Oct 15% 500 .10% 10% Continental Motors Trans. 1 /Metropolitan Paving Brick •,/"-c L 1 iLi. (Un)Zl^. Laughlin Steel •McKee ;—• Products —1 Certain-teed Columbia Gas 8s Electric (Un)—— /Lamson & Sessions /;f.il 51% Feb Bigh 32 Y4 15 KeiJey island JLame <k Aug 42 / 100 > — & Jones 23 /Feb '.,700' tow 53% Steamship — i* • Jaeger Machine --v—,»/■ 7% Apr jannary 1 Range Since High 32% j Interlake Iron 500 • Low —..—...50 ,* Harbauer Co Medusa Steel Corp common Shares Jnterlake Top & Santa Fe Ry com— ..loO Bethlehem far Week — Preferred ■ >i: amerlcanRadiatorfcSt San conu.—* American Rolling Mill—-—-—.10 Range •f Prices par Jan .•/!/-'O5';/■■''•■// /;/' ! Unlisted Stock*—-/••'/; /// i '}'/*>■ •!'*/• '/ Last 12% • Sales Week's Friday Sale Fries Range Since Jannary 1 22% 24 //■ ,12% • : — STOCKS Sales Shares; High •.//v t6w -/'■ com....12% Westlnghouse Elec & Mfg / •' • RANGE FOR WEEK ENDING DEC. 'O . for Week Range ef Prices 'v^/'/./;/ Bale Price ,/-/•'■"•• Vr'/// v Week's Friday STOCKS v i 600 6 'NOV 3,500 ,153/4 Jan " * Lunkenheimer Procter Randall U "B" 3% —L. preferred—l. i— Printing S 49 Z '" : :33A ■'■; 100 3% NOV 20 607 21% Dec 17% Mar 203/4 jun 16 125 13% 28 Feb 15 15 Ya 540 14 Ya Oct 34 Jan 6% 200 6% Dec 143/4 Jun Nov Motor Hurd Lock & NOV 49/ ,10 /49 : 19 16 Hudson Gambie- & Car^...—— !.»: 32% 31 Ya 10 Timken 34 %r" A / 21% ?:■ /•■:./ 75 34% - Brands— Standard 22% Oct 47% Sep 8% Sep 47% Oct / 50 ..348 50 2i Ya Motors Oil Pure 31 Ya 7 10% r%»>; 31 46% 212 ' . 42 z 34% / / LsSalle May Motor 28% Murray May Motor Witk:*Chemical Last Range Bale Price •(Prices Shares Sots , Alleghany Corp (Un)————-1 American Coach & Body 5 American Home Products com (Un)—1 / American Tel & Tel.,————10Q 13 . .Rights 3% 13 2^ „ " .Cleveland Elec Illuminating 4Ya% Cliffs. Corp •' - ^— Consol Natural .Gas (Un)^>^ »>.:/•• *•*' /.Eaton Mfg:.±-4-i-r.-- pfd_* Jl —.1.5 164 /31% 133 /,j;rie Railroad /Un)..—l---* Rubber new—..41.. Faultless 83/88 // 65 110% 110 % 19% 493/a /./: 5 2l3/a 49% 46'/ 46 ,/ ll3/8' llfya 19 Jan —25 Z 100 ,// 25 17 533/8 53% ,39 36 *' 33 %i —.10 48 Ys General Electric (Un)..— General Motors — 35 Y4 50Ya 145 : 270 /■ . ' Bros Cooperage A__; '■■■■-> -... ^ ■ . r , ■ •■'■■■ '• - '..".v • ■■. 25 50 Y4 Oct 22 22" 50 21 Nov 28% 28% 25 27 13 36% - see page 2993. 100 5% 550 "8% Feb Sep 8% Feb 13% Dec 19% Jun 1,400 3% Dec 6% July 20VL 100 16 % Oct 6%- 7 410 3Ya 3% 20 Ya .10 / 63/8 L—41 50p 8% *910 11 Ya 13 2__ new 12% —.1 enmmnn j com . :5 600- 263/4 July Mar 8 Jan . 2Ya 12% 2Ya 2% 17/.: Jun 9% Mar 100 : lOYa Oct;' 435 2% 1 4 Jan - ' / 10 12 common— Los 11% Oct 23% July 20% May 300. 2 Ya Dec 2 1,250 Sep 63A May Apr 4 Angeles Slock Exchange "" STOCKS Friday 23Ya Jan •20 83% pet Apr ://../ ■,;// Barker Bros Low ;*** Basin Oil Co... 88 Y2 . Berkey & Gay 77 Apr Blue Diamond Apr Boise 32% May 39 Jun 15 Nov ■ Chlca // Corp common/.—... Barnhart-Morrow • Consolidated .56Y4 Jan Oct Sales Week's Last... 7.: Range. Sale Prlee *• ef Prices, -■/ Bandini Petroleum Company "59% Nor Sep 12% Nov 4«/a Jan '•*/* 3% Oct ■ Corp ' V Broadway Dept Store new common...* Byron* Jackson jCo^,^— .-i/L*- -90c 1.00 400 1,725 27 /:■■//'' 425 . 26 8% Jan 66p 1.79 Aug 6% Oct May 4Y4 Nov 60c ;.4% 4% 4% 23/4 300 7% "7% 8 6% 1,560 6% -53/4 1,450 5% Mar ,13% *-■:>- 13 Ya ,„14 a20Ya a2Q% - 2,556# : 6 23/4 Nov , 13% 7% 17 V* Nov Dec c 40 ■ t,- / i'-V»Ltt r T*— v- xrr.-»"7rwTr-*dw*-'"U'r.na. Trx c^tr-r%-. Jan 9% Apr Jun Feb." 40-" ■, ;22Ya Oct Jun 41 Oct 6 ; —' • High LOW 3 Vt 750 33/4 23/4 . :.l Corp.. OB / Range Bines January 1 Bigh -/3% —26 * LI *. Furniture Co.. 3% V/— forWe^r : ■' For footnotes Warner Aircraft Jan 30 3% Sep 8% Nov 93/4. ; Wayne Screw Products Feb 61% 12% Feb •7% July Y Jan Noy Nov/ 93/4 7 8 3/4 1 common common.; Feb 80% 40% 610 Jan 5 Jan 52 " V. Grief 71 Oct' 537/a 6Ya > —.1 2 May 33% Dee 613/4 # , . 21Y4 . Mar 47% 53% 40% 4s/a 3 700 11% US Radiator V mr, L;.. 13 Qlidden Co common. (Un) —i • Goodrich (B P) common —__i_* /.Goodyear Tire '& Rubber common —* Gray Drug Stores..; ___4 Great Lakes Towing common.: .100; 4% n ' Nov : V';r.'\/ »•'"/ 4Y4 • 1 my ,: 25 3% Oct;1,1;/ ' 5% Nov 100 1,750 ,v/'; -:7; .34% Feb >60 Nov 17' 1 2^5 5 1 3% 3%. '3 3^ Jan 34% Jun , 104 y4 July 113 Ya rOpt /"..si ■ ;/; ' ■ 31 Z 8 Ya , Oct .,96: 7* , 6% 5 /3/■ : United, Shirt Dist 2% Dec Sep 42% 6Ya l ... mm'mnw'- Axle Brewing Udylite 44% May : 14 • Dec 84% Oct 109 oSep 1,739 40;: / 17 /Firestone T & R common-(Un) , / Li..: .44' Tivoli 200Y4 Jun :• . / Oct 27% Sep 102 • 14 14 1% 2,479 •2 * Jan . Sep 10 2,250 & DieL. Timken-Detroit Jan; 35% Nov ' • 31%' 150 2Ys Oct Jan 45% May Nov!f 21 11 Y4 —— ■,•••' ; : 1 100 .....10 Superior Tool 25% May 159 3A NOV / 6 6,6257 Aug 4 S3Ya Dec 100 1% 21 14 Jun 25% Jun . nia* 8Y4 : 12 Sep 32% NOV • ////l'.' v z . 3% Oct 45 //'; 54 i 23/a l-'/HV' City , , 32% 32% 16.5%' 167% \ .......I.-.-.— ice 8s Fuel......'—„—i. A •i Clark Controller 1——^_1.. Cleveland Cliffs Iron pfd— / Z/:7 new High 3%. Investing ;://///' Sheller Mfg new Range Bines Jannary 1 6 6 21 1 Scotten-Dillon for Week , 2% common_ Rickel (H W) Co.— River Raisin P«*p*»r Sales Week's Friday 35Ye 538 11Y4 Car—..a—'.. Co Prudential STOCKS Sep 2% Metal Products—. L:--;-;;, Oct 2 —.10 ^ Peninsular Cleveland Stock Exchange 8 13 125 /1% Corp Packard 410 300 2% ...5 ; National Stamping 53% May 65% Jan Dec 39% Nov 8Y4 13 Ya 33% common— 26% Oct 2Y4 8Y4 13 ,.—2 common....— Oil Wheel-- 21% 6% 1 — Wines McClahahan Jan 14 80% Aug Mar 20 13 45 /• >, 41%' 41% Roller Bearing—*—— ;42 / 'Aug. 41% Jun 27Y4 Jan 257 / " Ice & Fuel——^ Columbia Gas General 26 __.l King Seeley Corp.——_.l.1 Kinsel Drug _..____1 Kfesge (S S) common -j.—..1q ;//«//'■:////■: ' 3*3/4 25% Rolling MilL Cities Service City '-i«/ •' >vV: 21 Ya .* V, Mfg common——. Kaiser Fraser '?'/ •' ■/; /•- ;/ //Bhllsied— American /•' 185 Hoover Ball & Bearing 10 Hoskins Mfg common 2% Houdaille-Hershey common....... * Motors Meteor LC'I. ^ jun CHRONICLE THE COMMERCIAL & FINANCIAL 2988 Monday, December 9, 1946 ^:STOCK:' ^EXCHANGES: - RANGE FOE WEEK ENDING DEC. 0 STOCKS Friday kkk.yy-yy;:-'///-y;; /y-/.//Sale Frice COMPLETE INVESTMENT :£ AND BROKERAGE FAIRMAN & CO. ' Member Los Angeles Stock Exchange ^ / ;FACiUTIlES;; —- Continental Oil Co ■, Crown Oniisted1""1 (Del).— Corp.——.... Zeherbach curtiss-Wrighv corp / . 15 - *.. —.1 ,; .. — //'/>;/,///■/> ;-;:^//////Direct Private Wirea I® ALIEN A CO., NEW YORK ;;.y SCHWABACHER \ Graham-Paiee Motors Corp : Great Northern Ry Co preferred 14—TRinity 4121 ,, , 86 357a Sep . / 135 -/ 14 49 15 Tt STOCKS ; . i' f■ • :r'\ i ; '■' ■ '-j! '•••• ;•-•/ Last - California Packing common— .* Range tow Range Sinee January 1 High /• —; Chrysler Corp- -a/SZii/j — Colorado Fuel & Iron common. -.20- ;//'' Preferred —* Douglas Aircraft Company Inc.. Industries ' '— 500 ... Electrical Products Corp Rxeter Oil Co. Ltd diss A...... Corp_r. l R 6" - a4574 a4574 ir/'.'if — Corporation" (The) ——! 2 a97a 'General Motors Corp common....—10 *■ 49% Gladding, McBean & Co—— , * ;/// — a52% Goodyear Tire & Rubber Co com——.*, Holly Development Co Hudson ^Motor Car Company.... Foods Hunt Inc common • f'0- ; . -/ j. ; - ■ // ^ .. Kaiser-Frazer Corp Lincoln /■ i> . : Angeles Merchants , n 1 __1 1 Petroleum Company.; Monogram Pictures Corp -- * 1 Manufacturing Co—— Menasco. 15 7a 1.25 -- .1 ± v"- ■' -- 100 10% Oct 207ft Jan 29% 42 j 1150^ , — 60 430 10% Sep 2674 Dec ; 165 25 r 327a 327a 160 340 3274 ,28 Pacific Clay Products •Hcillc Gaa Elec Ci! 1.20 1: Co. Corp' of America Jun Apr : ; • - • - Railway Co Standard Brands Inc... Standard : , Oil gi/4 267a yriy gj/4 510 / 200 v Pacific Lighting Corp common...—- * 41% Corp ♦ / 25 y ; 25 s .X-*r 1 Republic Petroleum Co common— Rice Ranch Oil Company. May 107a Jun —1 Ryan Aeronautical Company— Safeway Stores, Roebuck 8ears , . Jun j 207s Jan 2.30 Jun ; ) ; Union, Carbide to Carbon Corp Union Pacific Railroad Co United Air Lines Inc ... United Aircraft Corporation United Corporation (Del.) 42% Jan & Co. Signal Petroleum Co» Ccllf, Hinciair Oil 1 20% Feb . 413/4 100 : 38% Nov 47% Jan 50 ,' 20 ? 247 Z 38 109 397a Original preferred6% preferred class B 5ya "C".. class U S Rubber Company Jan Paciflo ttouthern k' 37c 18% a897a a907a ?/ 2072 •; :,:/r;-22/:: 265 20% Inc 1,045 20 %," Dec •16% Nov 3% Nov 75 160 18% Oct 2174 Nov 97a Nov ; 185: 22 : : 12% 1 —..10 019% , 2374 • / - — 047 o20 2378 a97a a44% 23% a9% a47 / 617 -50/ 75 1,155 36 Week's : ; J9 21% California. —— — 1,194 297a Oct 12 ; . 37 . Western. Air Lines Inc * 1 — ' ! ; 21 y8 846 • 324 ' 8 .1 107a 8174 847ft 5% Black Mng Company.—.^—1 Mining Co ———25c 5% — 1 6c 385 6c > > j .5 34% 37% 117a 330 Power to Amer Rad Amer «fe Stan Pep Boys May / Corp —• Smelting & Refining Co— —* American Tel & Tel Co.. 100 Atlantic Aviation Refining Co Corporation 100 (The)—.—25 Bendix Oil Company Borg-Warner 5 !. Jan 1 7% * ' - Canadian Pacific Railway Co— Co......... J I 1274 137a NOV : 17a 198 Oct 85 317a Feb 187a May 119% Jun Oct Nov 50- 6% Nov : Aug"' 27a Nov 51 107s Sep Cities Service Columbia Gas Commercial Co.— Si Corp Corp — Commonwealth Edison Co.... see . * —• 25 page 2993. 21 May- 147* Feb 19 267a 2474 Sep 307a May 591 27% 217a 1974 988 207a Dec 177a Sep 337a July / '46% Jan • 33% Feb • 60' July / 78% Jun 3,127 101 487a 84 Tonopah Mining —1 Transit Invest;Corn ccaUB9Il-——^-25 Preferred'-————23 8% 41% Nov 61% Sep 1,315 67% 1% ; • 3%- 3% 4774 22 1 % Oct 7a Nov "374 Oct • 715 369 >3% Oct / 23% 27 /■ ::ioo ; v 174 ,4 477a • preferred 1% 7/a Feb 29 ' 47a Feb 474 Feb >7% Jan ^ 77a Jan 567a July 180 r 1874 Oct 27 Sep 793 70 no.Ti Apr 47% Pittsburgh Slock Exchange > Friday / Week's * Salee /.;"' Range ; fOrWeek : SalePriee ' ef Prices- • Shares /'/ Par * Arkansas Nat-Gas Co common—..* Blaw-Knox Co ——• Columbia Gas to Electric..————* Devonian Oil10 Ludlum steel Brewing Duquesne ...——— 52 12y8 12 137a ' a587a a587s — a37a 597a 237s a257a 267a — 117s a2074 107s 117s a207s a21 32% 32%. " a374 ' a37a : v Oct - 874 20 47a 17% 1774 Lois '' * Z— ; 26% ; 00% May 37a 50 ; 50 2174 17 Oct 157a NOV . . - 14 Jan 24% Sep 2474 Oct 29 July 34% May 27 • / 21% 177a • 540 14% : 77a 1% 324 310 100 35% 77a 36% 77a 94 130 32% Sep 57a 57a 100 574 NOV 1% 15c 127/a 11V* • 52 Aug 54% May 22% Feb Fireprooflng Pittsburgh Renner ———1 Co 13% Jam 3174 May Vanadium ,357a May 1% 200 20c 127/a 3,400 10 Apr 6% May Alloys Steel * Westinghouse Air Brake——...* Westinghouse Electrio Corp com 12% 14 % 77a l3/4 ^ V— IV2 57a 1 Steel Foundry common.—* Sep 51% / ; Corp.———* ' Oil & Gas—.——.——.5 ■ — • / 20c — . —; • * _. 29% /247ft \ 1172 11% 32 28% /;22% . 12 11% 32 10 92 : - 29% 2474 V Sep 15% r Jan 10% Jan 34 22 Feb July 17% Aug 67a Jan 13% 1 27a May 487s Jan , 77a Mar Oct 17a May 147a Jun Feb 10% May 27a 60c Feb Jan 15© Sep 12 Oct 247a Feb Jan 28 V* 67/r 200 300 190 89 568 7% Aug 31 Feb Oct 207/a 125 87« 672 /. ; 25 25 ; High 407a Deo 38 11 /-•/>■; 9% — Pittsburgh Plate Glass...—..—10 Pitts Screw to Bolt Corp..——• National Ohio Oct 2% Jan 478 >: — 11 Range Sine* January 1 High 407a * 427a — . Mountain Fuel Sup ply....——10 Mar 307s Sep ,427a /, 10 787a May 41 jun Sep - ——5 San Toy Mining—— — —1 Standard Steel Springs.———1 United States Glass common 1 Common vtc ——— ..._1 37% Nov a32% a32% — ' Aug , Harbison Walker Refractories/—.——* 337a Mar Jan 52% Jan . :///;///; ;;/ Low — 3078' Apr : 5074 Apr11274 Feb 877a Nov 33 ' 38% Jan Oct 227s Jan 297s Nov a377a a377s 137a 25 Commonwealth & Southern Corp—• For footnotes — — 10 Electric Solvents 21 a237s a23% a30 a307s a86% a9074 al87a al97a a477a a49%" •— „• 497a July 77a. Nov' . 287a 257a 67% Feb 68% Apr Oct 35 y4 13 67a 23v 47% Sep 160% Nov a3374 a347/s — .25 Caterpillar Tractor Co.— 315 207a 197a - 11657s 1667s — 5 Case 774 i 24% Sep / 37% Nov 774 Dec 310 457a l' "* 14V* 14y4 a518/a a525/s a3078 5 .15 Corp.—.... < Jan 27% * Jan 67a • 886 26%* 17 Dec / a3374 : 3,276 9% Jan 27% Jan 47% Feb Westmoreland Coal ......———20 91;/ a897s a917s 1.———5 Corp Bethlehem 8teel Corp s— Boeing Airplane Company..., Borden Company— fl 57a Oct 207a Sep ; 24c 1 Aviation 1,988 • Oil Lone Star Gas———/ Barnsdall 2% Sep 57ft 227a 41 United Corp common,..— 20c 13 Baldwin Locomotive Works vtc.——.13 Sep 2574 - 42c 1663/a — Oct 1% United Gas Improvement———13% Rights2^.: " 2tV- ,27a ; 39% 397a 40 V* Atch T & S F Ry Co— 17% Jan 6% 199 • Bun 42c _. Anaconda Copper Mining Co——50 Armour Ac Co (HI) 5 /, 70 10% Nov —3 50 Reading Co common Scott- Paper common ' 11c -1474 ■> 80%, Jan 110 39% Philadelphia Electric Co common——* $1 preference common...————*'. Philco Corp common— Jan 1278. :Feb 18c Feb 3474- NOV ; Apr 55% Jun 17a 50 ............... — 28 % 407« Oct Oct 47% 1,966 ' 387a Dec •3374 216 ! 50 Manufacturing—., Penna Salt y ,10c ' San 267a Jan 77a , 21% Light. Penna 35c - . T * 2 A Nov 38% Feb 2674 Jun 1407a Jan ;: 7% Sep 574 h —1 -.V/.Last [ ' 1% STOCKS * Oct 5.7b Deo 10% Nov 360 10% & 7% common...— ' Unlisted Stocks— Oct ;/19% Oct /-/ 921. 507a 96% Feb !5% 7c ; 43% — Pennroad Corp 27% Apr/ 10% Nov r, LeMgh Coal to Navigation—.——* Lehigh Valley RR-—..—; 50 National Pr & Lt ex-distribution • f;-:- 10c 10c 10c 40c 10c — Gold Gold r Oct 767a 500 535 427a Motors— Gimbel Brothers / 287s May ■i-i 117« Oct Mar 1% 9% ::: 302 24 237a - :yy^y^My ;;■ Gold Calumet Gold Mines Co Zenda : 30 : 487a S3 Mng Co.. 10 Mammoth Cons Mng Co.——.10 Cardinal 250 , 17% Nov 135 353 General 217a May 277a Oct 19 High 42% May 200% Jun 20% Electric Storage Battery— 25% July 65% Oct Oct 425 , a 10 Jan /; 60% May low 11% 5% 10% Pennsylvania RR 14 2 Delaware Power to Light. Apr Feb 69%, Jun 697s Aug Nov, 20% Nov 97a Oct', 2,460 387a Jan 267a 159% Nov 20 Curtis Pub Co common. '.v.- • •• Mining Stocks— -" '■ Alaska. Juneau •38 a9% a77/s Feb 39% 1,910 38,356 11% 317a Jan 7% Oct 11% Dec 137s Oct / 4274 Jun v 42% Feb 275 : Sep 165% ' Weber Showcase & Fix 1st pfd. ka/« ; 257ft Deo / • Co Chrysler Corp Cooper Brewing Co_._ Jan 32V4 38% Oct 1,165 1,184 2,061 21J/a 2iya 2178 9% 10 70y4 70y4 19y« 19 y4 Jan/ Feb 50 V5 .100. Rights wi 3974 July 30% Mar 346 2iy8 77a 767a May. 617 267a 1657a 1687a Budd 1.80 July 307a Sep 417a Nov 137/a . 51% Jan 36% Jan ; Range Sinee January 1 / High Baldwin Locomotive Works v t 0—.13 Feb 65 Mar 500 ' 150 . — . 19c Shares 25% American Tel to Tel- 39% Apr 29c Sep Jun ? 8c 40 34 \ Aug Aug 24 for Week low 34% May/ 497a Apr Sep 30 4,900 8 Unlted-Rexall Drug Inc —_• - .i..;;— United States; Steel Corp.—^ Universal Cons Oil Co.—.^..—.——10 Oct 63% Jan 18,000 ;;13y2 :13% Onion, Oil 2 17 11% 7% ./67 Sales Range of Prices Stores American 1.20 May 10 Nov 11% < 51% Oct y Last 11% May ! Nov 500 ,8 . Jun 57 July 5274 May 497a May 76% May 38 July 41 July / 1197a Apr i; 16074 Apr 54%. Nov 372 Friday 26% July '— 2 —5 of 325 365 54% Transamerica Corporation. Transcon. So Western Air Inc. Nov 50c 207s 53% —1 — i-—-— 300 6 • 30ya a38 48 ...50c Bunray Oil Corp Textron , Oct 7% 1,052 Oct 54% /' 17% NOV 92 Sep 160 V4 Apr 37/a al67a al77a Jun 18 Oct 47% Company———.* ?; • Mar o49% a49% , 45% Jun 65 Aug 15 :! 29% a38 43 — ; ; : Philadelphia Slock Exchange Feb 13 .. pfd class A—25 July; 187a Sep 53 112 al25%al277a 37/a Apr 2.70 25 > 187ft'Jan 40 • Feb 33% /•V195 ;/ 18% .—10 Jan 15% v 41% - 31 34 Oil Co of CaUf— Standard 6 V* Feb 10% Apr, 1,190 — .25 : ..... Southern Calif Gas 6% ...25 J25 — . 64% Sep 1874 NoV 470 ; 40 — -% Westinghouse Eleo & Mfg Co Willys-Overland Motors Inc Woolworth Company (F W)w. a60 33% 41 y» 307/s ^ ; v Southern Calif Edison Co Ltd com—.25 Nov 13% Oct 118 t;-- 5 Western Union Tel Co A....——* 15V* 15 9 ■ 310 a587/s 059% — 10 ; al2% al2% — 46% May 5274 Sep 28% May : 197a Aug Ja22 V* 15V* » Company.—.. Oct 25% Oct . "/ / a33 ' 033 100 1 8% , , Corn,-- Aircraft 47 Sep j 97%c July — Oil Corp. Feb 367ft Aug ;; 52 60 / a657a a667e __ 1.75 Apr 15 6Y* \ — , /:'/12% 337a .410 715 r 13% 13% 41% 1974 25 a597a 10 f; 18% • / 226% Aug a23 -J• -36'/a ,*, ■ 36 36ya ;1 30 > a54% a54V2 —.15; ' • -- "a297/aa2&% ; —25c 15c^ v 12c 16c X• 1.00 1.00 1.05 Sierra. Trading Corp^ Solar ; '* } a22% Inc— Security Company Shell Union — ■ 1 /. 367a May 29% July/ NOV /•-'/ 275 2 gi/4 397/o ; a667a Company.—.^.^..—^—..—25 Company / Tide Water Assoc Oil ' 42c 8 8 72%e 72%c ^ 8 -r ; 25, 150 a36% a36% ._ 1 — Texas -Ml -'/.Oct 1.25 a60 — 5% Oct 29% Oct ; /1,820 / 26 7a '277a' . 13% • (Ind) Standard Oil Co to - (N J) Co Studebaker Mar 60 ; a41% a42%-y .. * Jan ' • I; 8ocony-Vacuum Oil r.n /.Swift 95c' 15 * 2A ~ common 167t , 1»74 Feb - ^ 357a Jan / 1.95 JUn ,33 20 1.10 51 May " 99% May 24% Sep Sale Price Oil Oceanic Jan , 9% Dec is- 6 V* 59 i 250 23 6 7a * 47; 57% Nov .1474 Oct 780 2,962 i Apr 157ft Apr 40% Apr . /: Jun: 76 al4 al4% 14c 15c 8% 8% • — Radio Jan 887a ■ ' 227a g Va May 31% Feb 41% Sep 9%/ .1 Southern 15 %t; fl..35, 90c 227a v ^ • Republic Steel Corp 20% Jun 79% Feb .3 • 3y4 : 55o >;/ 55c / 60c vV " 5-", 5 >1 National City Lines Inc......... Nordon Corporation, Ltd.... .Lua—1;. Northrop Aircraft Inc...... -1 ' 1 • Oct 180 a26% a2874 ■ ♦/ 607a May 14% Nov - * Jah l 157a 226; 226 /* 95c ,3 ys &28% May i57a Jan " 390 5974 1874 ga/«,- / ? 777a Sep B% Oct 437a Oct 279 253/a 28 Phelps-Dodge -Corp^... 25 y / 38% 38%/ y Pullman Incorporated.———^ S51 % 52 7a gPure Oil Company...——— • &227a a2174 0227a: 'f: (! 20; : Co--..... y._.l0 ' 157a" , 9% Company... , Feb 75 „ 193/4 874 • Oil j" 51% 537a May 69! ' 620 26% '.5974 1874 * 1 Paramount Pictures Inc.— Pennsylvania Railroad Co.— /■;. i. 385 ; *22o ' 22c Ohio Nov 100 67av 4574 a417s a41% '1 »v Packard: Motor Car Co— 2.70 Jun 5,100 1.20 15ys 27ye [ '-2-6 Z//l8% Z;Z 87a: Investment Co-i—.-.-lOO Company Oil Mascot /I v ■; Co_^.__—10c Petroleum ; - 1 ; r«ckheed Aircraft Corp Los 27 ;• V" //'/ 1 .... Wells COi. Lane • • -*;/ 1 ... /; ,# _,_18 RR_____. Aviation Inc North .American 1, ? 20% Feb 77/8 147s 1.15 al47/a 26% 6 1.15 : Company..—....——...10c* Jade Oil : .6% '* . Hupp Motor Ca,r Corporation.: r 1 - 1 " Jan / 33y4 , a9% a97s 48% 50% 30 30 a51% a5278 Garrett Apr f 98% Apr k 330 13% .. Robblns lnc.. York. Central <• Dec 19 V* Nov 183 740 ' New North American ^i/;- Apr- •1 30M 13 & Montgomery Warn to Co, lnc^_ . 23% Jan 24 Feb 100 745 880 ' ; 1.65 \f 330 T 7% 1472 ;, 12% 1.50 ; 4 .. 1 class "A".. Fitzsimmons Stores 17%// : 17 . !j 22 , McKesson May 13674 , 348 a69%a697a 18% 18% , 13 1.55 1 Farmers & Merchants National Bk..l00 Farnsworth Tele & Radio • — 4 1274 / •;; 16% 211 — ' 21% 840 85 ;, 17V* — * ..i 85 12 Vi — Consolidated Steel Corp new com Creameries of America, Inc^ Dresser -•'/• — : /' 25 Aug 9%' Feb Nov 43 . , 12% Feb 26 Apr "29 May Sep ; 34 '•V 25 -1/a60%a61%'• I" ' v Jan 33 1,120 22, a20Wal8% ^ 125: "■.Cessna -'Aircraft Co...—/-i—-1 r/Zi/* 'V;.; ';a4 / ;:a4A i a!87a Sep Apr / 57a Oct ; S :■'/ 767. 357a a423/a a427a 26% 45 175 28 -2174. .• -* ■ : Jan 357a 40 " ^ Interlake Iron Corp.• uy, 11% ny8 International- Nickel Co of Canada*—• " .i.„ 31%" 3174 International. Tel. to Tel Corp——* : • 157a t 16 Kennecott Copper Corp—;c,.. ' a467a"a487/aLibby. .McNeill to LIbby 7 , 10% 10% Loew's Inc ——.—........ • : Shares High -y 28 — Central Investment Corp—.——100 Certain-teed Products —1. ^ ' of Prices SalePriee /// Pat'1 •/.••• Sales for Week Week's Friday ; '"23% ; ' Oct 350 .... r "127 .175 V 82%} Jan 10 7a Nov 15% '1574 34 il574..Dte.dl ■ 410 ; 57/a ' tOWp 205 « al57a al57a . y : General Fopds Corp./,j—i.^Mi—* Goodrich (B F) Co West 7th Street —LOS ANGELES 2IO /'General Electric Co,ii.L'rM./:M, e-: 15%/ 578' .. Rsogs Bines January 1 i sVC**-. }1074 107a a367/a a377a ^287/a, a30 — Electric Bond & Share Co...5 M574 Electric Power & Light Corp———• : • ; Shores High '".15% :1074 for Week ,- Prices ef - k^rl low Cons Vuitee Aircraft Corp 1 Continental Motors Corp—————1 Boles Week'* Range CCT'- 57s 32 Jan May 2874 May Dec 46 Jan 41% Jun 397a Jan 26% Oct 2174 Nov , • yolume 164 Number 4549 THE COMMERCIAL & FINANCIAL CHRONICLE • • v> «*•(•» •»•* • ... •:» »•■> * 2989, ■"\ ,1 other stock exchanges ' St. Louis Stock STOCKS ' Friday Exchange Week's Last ■ Range Sine# lannary 1 - Edward d. Jones & Co. High ' ; 8 '• v A Dec 8,: 33% 16 Dec Aug DeC-VvV; 45 16 16 ■'v.-' v?.: Jun 24 6% * 8% 24% '25 "6,, Nov 15 24; 16% July 10% Feb Nov 35% 't '•'•••,fV'. New Feb •'•''• St. Brew common General Shoe 21% Griesedierck-West Brew International Shoe Laqlede-Christy Clay Prod Laclede Gas Light common Pub ScruggSrV Serv B Inc "A", 50 25% 24% 29% 30 40 100 preference...: Week's Friday STOCKS Jun Last Jan Sale Price of Prices 52% Jan 50 Jan 12 6% Sales Range 32 Oct Dec Low Jun 9% Wagner iJiiectric 27' Sterling Aluminum common. Stix, Baer <Sc Fuller com new. Jan 27 5% Oct 593 SL Jun 31% 28% Nov 7600 Teletype "Feb 68 Apr 36% '■ 21% 25 10% 240 10% 85 Oct Dec 46Va 10% Dec for Week Shares Range Since Jan nary 1 27 16% 16% 35% High Low High 27 commox 16% Aug ' ■ ■ va. ,v 85 Jan • Jan 91 Unlisted—- ' 30% Jun 25 216 85: :i > 19 50 25 85 - 35% 18% 210 15 .. 31 Jan 16 ■60 : Nov Jun 19% Oct 49 % May 34% Nov • & 21 100 41% Bell Chicago Board of Trad* * New York Curb Exchange Associate 26% Aug Mar Phone CEntral Exchange 22 . 12% 6% 1 common . Oct ■" . .. Exchange Stock Stock 22% Mar 40 12 Missouri Portland Cement commdn__25 Rice-Stlx Dry Goods common * St Louis 58 .24% —5 com 30% Nov 25% * common. 31% 58 common. Huttig S & D common 5 Hyde Park Brewing common 4 Hydraulic Pressed Brick preferred__100 21 30 % common 21% North 4th St., St. Louis 2, Missouri Members York Louis Chicago 8tock Exch. Falstaff Established 1871 . 300 ■ ■ ;,(■ Feb 24 Nov v ■ Mi .•»•' 16%, common V- 10 33%' '34% Century Electric Co Coca-Cola Bottling common^.. Brew Share# Hiah' 8 Burkart Mfg common.,:...... Columbia for Week of Prices Loto Bank Bldg Equip common Brown Shoe common a-i * 6 St. Louis Listed and Unlisted Securities Sales Range Sale Price DEC. FOR WEEK EN.DING RANGE ; - ' Jun Electric common. _ Motors common. _ North « ?;V\ •; • General General . • American • 34 Va 34% 48% Dec Jun 235 49% 48 Va 49% 255 48 Oct 73 % July 25 ; 347/a 10 283/a 27% 28% 64 24 Sep 33% July 34 Va canadian listed markets RANGE FOR WEEK ENDING DEC. 6 . Friday Montreal Stock Exchange 8ale Price of Prices Par For Low • Abitlbi Power & Paper com.—.. >m_. • $1.50 preferred 20 ^—20 Acadia-Atlantic Sugar 5% fo Algoma Steel common 17% 19 pfd_. ...100 pfd-.w--.100 •h 105 105 • • Argus uorp Preferred 5,893 18 % 18% 19% 105 105 19 22% 20% 4%% conv preferred.: Asbesto* Corp 12 • v ' ■ Bell British Forest Products™. •.* **'. \ • • 38% Aug 25 345 17% . 135 33 Jan 29 Oct .... 18 50% 53 3,048 10,035 • Ltd 14% 15 5,375 43 44 ♦ common Corp 29% Aug Jan 38% «.._5 12% 39% 26 10% Jan 60 May 18% May Sep 25 Apr 273/a " ' Nov ; May "Feb 59 m Nov 43 207 40 47 ~ Sep 13% 525 13 26 Iron Northern Canada Steamship 5% 100 100 ; » Cnrp ,« -■£ Jan Canadian Canadian :;i 20 _ Canadian Celanese common. " 1 • 18% ; J 54% #40 "A" pfd Canadian Foreign Investment Canadian Ind Preferred Nov Nov ' Class B 14% 12% 1 Canadian Locomotive Canadian Oils . . ; J 78 ' Ottawa Au? Dec ,Preferred Jan 20 . , 13% 12'/* Cockshutt Plow i.__. 12 Consolidated Mining & Smelting. Consumers Glass ! July " Jan ," 46 18% 24% 30 Distillers Seagrams old common • 11%- 11% 16%' 18% -i 100 106% 106% Leather Cd Ltd class. A."— Class: B' ——I. 5 X'o preferred Dominion Bridge Dominion Coal preferred. 30 ;'t Dec > Oct NOV 19 50 29% Jan 16 32%;' 34% 15% --3L i6 __'_'*'V . 9%: _>/£•'. Nov' •.- Oct .16 v : Feb ,sv,. 30 Saguenay 6t Dominion Tar & Chemical common Vtc • common Preferred 4%% pfd Donohue Bros Eddy Paper Electrolux English conv class 20%" 1 20 ' St Lawrence Paper Mills 6 % 5% 18 25 25 :' : - Power !, common • Preferred 100 Gypsum, Lime & Alabastlne • Bridge • 100 common Preferred ' Preferred & 17%^: 17 %• 110 -4 ,!t!\ 105 105% 4 3% .V 16 'f L 1 165/a - 105 14% ■' 45 15 y2 •' > . 14% 6%('> 45 14% 110 ■ 22% Aug 7 104 12% •' • 45 6'/a 40 '$■ 22 May 13% Jan 22 % July 34 see Smeltihg. page 2993. Chemicals 5% - 20 Jan 111 Sep Oct Sep Feb Jun ; 52% J"'v Sep Oct ;'v, i, 14% Dec 30 V4 Apr Jan Sep 72 26% Sep .»;•••.'35 8% 5 55 ' Oct V- Feb 103% •" Sep ?V # 34% 28 • ' : 50 • a H102 • -• 72 154 "56 ' 69 V !8i Oct .. Feb 7% 20% 109 18% May Feb/ ¥ Apr: • 16% -v 15 ' 14% Oct 1,025 28 485 10 Sep Sep 2,210 4,144 45 i Sep 200 "16% 20% 20% 20% :* 14 36 Apr 17% ' - • Feb 23 » Jan - ,;;73Va Apr ' 19% Sep Apr • Jan Mar' 22 Jan 17% 352 • 15 155 15 ,102 » 'i 25 25 15 102 7% I; -"127 30% 108% 110% July 501 : Jun".- 20% ; 104 '•M Jan 103% ';:/•■■■ "1,640 135 .•29% Aug :> .. 102 10 7%;., 7% 15 , 20 105 Va 105% —— 19% 150 : 106 ; 9% 61; Sep! Apr ; July * Apr -24 Steel Co Sep ';/ 39 83 Feb 113 4,468 20 Sep 26% Mar 100 28 Oct 30% May \ Cotton Preferred Wilsils , 78 84 '8% , • .20 75 77 25 100 26% 35 27% < 101 92 % Sep ; 8 V# . 16 4,009 24% Jan Nov 35 Dec 25 24 Oct 20 104 22 296 22 14 14% 396 99% 99% 37% 37% Dec Oct 10 % Sep 'If*. 95 Jan M: 34 . Jun 99 May 31% Oct 35 Dec 36% May 108Va Mar 27 Apr 21% May Jan 27% Feb 20 Jan 74 % Jun 94 % May 13% Jan 20 22.. 100 Jun Sep • 'Preferred Jan 106 100 35 27% 104 '.16 Jan 83 310 Oct Nov 73 * ... common • 75 : 16% Sep 30 * 20 —* 13% M 275 . 9 —* Ltd Winnipeg Electric Apr 77/a 84 !- 25 100% 78 y Jun 1, Oct 15 • * 17 100 925 25 * May 8 Va- r 101 new com Jun 16 108 V2 565 8 A 102 18 16%' - lOl . 185 Jan 12 is • 17% 109 common- Walker Gooderham & Worts 110 Jun July Mar 160 55 13% 105 * : Grocers 175 13 16% ... United Steel : 28%'- 105 ——* ... of Canada 24 ; 175 •« .100 common.. Preferred Western 22% 28 _* July 104 6% common — 28 preferred " 28 Feb May Jun Apr Banks Canadienne 1" Imperial ; _10 20 19% 10 Commerce . 22% 29 ; - 712 29 180 Montreal Sep 12% Feb ; Apr 45 Sep Jun 175 10 25 Va 25% Nova Scotia 10 38 38 10 23% 24% 2,442 22 Vs F»b 16% 610 23 1 Jan 19% Jan 24 July 27% Sep 30 Jun 21% Jan 27% Apr Sep 39% Apr" July 27% 28 26 Sep 38 53 53 52 Oct 54 Sep 42% 41-' 42% 35 Sep Royal 33% 20 Jan 25% July Apr 52ya 355 3,545 _• ' ' 165 50 May Bonds— Montreal L H & Power 3s_; 1949 50 > 50 v $14,000 40% Feb] - Mar " ; Jun 24% Feb Apr 28 170 .. Apr Feb : 170 170 < Apr Dec 154 Sep ,152 ' 59- • preferred Zellers Limited Jan Sep 56 . Sep -^ , 2a 59 110 ... Standard "'J «• Sep 72 154 Power.. Jun 19% Apr • .100 Hudson Bay Mining & footnotes 82% Feb Co Canada 24 25 Feb May" 52 ^ 45 —375 •: 14%" .100 t-u'-'> •_ Southern 28% Jun .100 Howard Smith Paper common For ■ '«T, 4 x-L 4 I General Steel Wares common Renfrew : 100 1 Bakeries Hamilton • ' iM * Jun 25% .'22' 'Sep 13% -200 ;3i: 12% * common. Viau Biscuit common..^, Sep 5 103 - 31 —^100 new Wabasso 20 44 -,v 52% May Jan Jan , 21% • -320 35 pfd—100 ... Breweries Aug - 103 * common Simpsons preferred 107 15 v,' Oct 5 % Dec •15 Mar a 17% * preferred General Preferred ' Can Jun .) Gatineau • • 18 5% 5% • Canad Corp Foundation Co of Canada Williams of May ■ 17% .V Jun ', fihawinigan Water & Power r S^j'5'vS f'f'A'Jlf 30 May "Feb : common. Sherwin • ; 29%' - 14% «..*• - preferred.... Jun 20% Nov * Players Sep • Weston (Geo) common.— 1 B Power 184% Aug 13 43 1,062 12 #,• ■ ; 120 103 30 75 ; 34% * u.._ .26 ;17 .17% 49 . 29 : ;; -14% Jan • v class Corporation Electric Famous " 31 845 • 102 104 47 Apr 37 Va 15 16 5 30 • Co Jan 90, : •'••■■ 18% Jun. t SeP . 50 • - 195 . Jan V 3,065 555 — 165 94% 183 103 * • 1 ; . 23 104 100 ; ; Dryden Paper '!' 94% Feb 12% July 80 13%' p. r'Ujrj preferred 28'/* May 23% Feb • 24% Jun.. 183 -___.___.__.100 ' Paper in* common.: Routham Press 23% 25 Vk 29% 33 V July * 14 23% 25 Va ' 23% ..100 Dominion Textile Donnacona j '231 ' • ' ... Preferred 26 % May Dec 24 3.03 V '.•.if';' - Lawrence Corporation A : 21% Jan, ' * ■ -100 preferred. * 51% July 23 May 26 29M :-'' * Power 45 y8 Nov 26 Dominion Stores Ltd Apr : " 23 Sep 39% 14% 21 Sep Jan 16 y2 830 48 y4 : 49% r , Paper common..__._3...'_ Ricks' -.'•41- '/ July Sep . • • nnrnmnn Preferred May: 37% Feb 14 _____100 Dominion Steel & Coal class B 25 85 13% - 46% 49 , • Jan 9% Dec 27% Jun '' 16 y4 ,13% >119 " " - ; 31 Aug 1,370 •23% * River "Rolland Jun r Dec 40 Dominion Glass common.... Ltd 12 Va Mar 9% 30 16 % 80 7 49% 30 • 1 Regent Knitting common^^..^.3.. ; Jun May . common 28 :f.-•; 1,407 •- .: 45 Vb ■ ■ Dominion' Dairies Dominion Foundries & Steel vLV; Oct ' 33% . 13% Mar . Jan 12 2,626 ■i' - Feb 2 3 J/2 Nov 23'/a • 25 Provincial Transport Quebec Power Apr 102% ' •'•-11 r Sep •106% is ;100 Feb fik Davis 20% ■; is 49% 40 Power Corp of Canada Price Bros & Co Ltd common Dec Oct 12 i-. 2oy4 • Placer Development' May Jan 39 12'/a , 15% Apr Oct,;' 24% May " ' 26% May 25% May Sep 77 '84% ^ 87% ^ 41% '41% ....... Jan Jun 12% lSVi 13 35 '-r; 12 Va "Fage-Hersey Tubes Penmans Jun\ "49 53 , 22% 15% " '18 Railway 34% > 17 Va Works Car Aircraft Ottawa L H & ; 12% Sep - 24 16'/a Power Cons...* & : OffllvU Flour Mhla ;; •^U:'44%"May-^^ Jan s25% Dec 13% Nov 14'/8 H 80 Apr 37% 170 .■ July 32 , v29%%31% :> common. Canadian Pacific 14% V 23 y4 - Foweil Alcohol common. Heat National Drug preferred National Steel Car Corp 29% AUg ' v • - Jan 19 22 815 r 15 y2 national Breweries common. ' • 150 15% 80 • Telegraph Montreal; Tramways 15 100 common 19%; 28% " Jan * 18% Hv";- 350 . 127 15 .100 1 Montreal 35 _ Converters 21% • ; common Locomotive 23 . Cottons Oct July 14%. May ; Sep 157 • Cottons Montreal Llgnt 22% Jan. v'.53 ' Jun ^ Nov- 12% 29 29 • (Robert) .Montreal 53% Apr J-20% Jan j: ■t'-} 22% May'-'. 42 187 19% .100 ^ No ran da Mines Ltd • 35 27 •• - y" Molson's Breweries . iu' 61 Foundry common 7% preferred Rights • 20% Mar -V.* Caajadan Bronze common—..ill......* ! > (Cahadian Car j t Class A 31% 23 Oct 47 common ,•*.„ Mitchell 77 ' Sep 25% Jun ; Nov 30 , 170 21 * MacKinnon: Struct. Steel pfd....; Massey-Harrls McColI-Frontenac Oil Jun ' ": •: 24% Feb 9% Oct -13% preferred • J-25 14% Jan 30 Sep 16% Jan * common. Canadian Breweries .•}•!• ^v, May -' 29% July , Jan 60 •t' common Power 35 Jan • '8y# May . Montreal *• Canada Lewis Brothers Jan ; 35 Legare preferred. .._^.^.....™..._.25 Secord::. ; . 170 */, Apr .- common. Foundries ■■ 3'" Jun 30ye 14% Sep -v'Vv*. preferred Canada Holt, Feb Sep 27 33J/a 24 ' , 23% I Cement $1.30 , 140 8% May 38 Laura , Oct Sep 2% Sep .27 Jan 19% May Mills Calgary Power , 25 Labatt: (John y '■ ,'v v :■ • Lake of the Woods common....--;..—* Preferred 100 Jan 20% Columbia' Power Corp A Silk Canada , 28 i- Jan 32 216 18% Sep 170 Light & Power Building Products class Bulolo Gold Dredging_i._._.w. , Power International Utilities Apr 35 27% 100 Trac Columbia Bruck t 28 '> , Jan ; 157/a 7% 740 17% Dec * com Lang .& Sons Ltd, John A Telephone Brazilian Brltisn < ■' ■'' • 8 ; Oct 13'/4 • Feb Feb 102 • • Bathurst Power & Paper class i Petroleum Co International Nov , 3% 100 -' —— v. V' . i" » 8 3,503 2,322 ' Warrants—-U—1.20 . " 8 High Low 12% 25 j. International Sep 52% 71/4 ,, -Preferred international Nickel of Canada International Paper common 227 ' May ; - 13% International Bronze common........* . Feb 26 27% 50 common Apr 106% May 575 r-, 13 '/4 Range Sine# January 1 x-',. ' 13 13% " 12% Jun 21% 4,457 'V 45 ■ High 13 „fl Industrial Acceptance Corp High pfd._25 • r Shares 189 - Alunflnum Co of Canada 4%% Anglo Can Tel Co preferred Shares • Imperial Oil Ltd. Imperial Tobacco of Canada common.S High ■ 17% 'v';*. 20 Aluminium Ltd Sale® for Week , Last - ■ for Week Low Week's Range Friday Sales Range of Prices Fonda Canadian I Week's Last Sale Price 50 % Nov THEf COMMERCIAL & FINANCIAL' CHRONxCLE LISTED MARKETS CANADIAN -0'7 \ . RANGE FOR . Monday, December 9, 1946 WEEK ENDING DEC. 6 ' Friday Montreal Curb Market c BTOOKS Friday Sales 3.45 Elderidge Gold Fontana Mines1' 3.15 3.55 9,800 1.14 1.20 13.300 • 0 13 %c 12c 13 %c Belgium Glove & Hosiery Brand & Millen Ltd A 8,500 lie 15c 5,000 >;,13c 5,100 156,000 60c 6c Nov * British American Oil Co Ltd British Columbia Packers Ltd • '6C. 7%C cl A 14 6% ' Pulp & Pap Ltd 6% 5 5,220 4% Sep 8 72 72% 320 67% Sep • 106 106 17 Dec >• 34 258 30 15 474 20 25 ■ 20 Canadian Silk Products : preferred 42 280 14% Sep 19 Sep 178 50 29 ^ — 12% 50 Canadian Westinghouse Cassidy's Limited * 47 14 98 113 1 * 100 7 Alcohols Ltd common Rochette % Jun 174 Consolidated Div Sec class A i • David & Frere Ltd B * Dominion Dom Engineering Oilcloth Dominion 137 17 52 & 25,268 4% 50 East 19y8 Jan 13% Jan 15 July 24 20 ^ay 10 9y2 350 8% Nov 21% Dec 2% Nov 3% 1,175 2,690 3% 1,250 j. * Limited. Company Toronto Stock 22 22 23 61 61 Oct 1.25 44% Sep 4 25 75 : FSb 20 26 19% Sep Sep 25 Friday STOCKS * 300 5 —• 75 7 85 ;; 3D 28 Mar V; 36 25 10 Nov 10 52% Jan » / • — • 10 12 • 13% 34 Jan July 355 13 185 122 10 10 Mount Royal Hotel Co Ltd » ' Mount Royal Rice Mills, • 35 11% * 12% Sep 66 Sep Sep 11% Jan Nova Scotia Lt & Pwr Co Ltd com—* 6 Vo preferred 100 '• P Nuclear Enterprises Ltd * 10% 10% 10V2 175 Orange Crush common 17% 17% 17% 7 561 11 16% Nov Pauls Stores ——i*—19 19 110 19Va 105 14% Aug 108% Sep • 104 Power Corp of Can 6% cum 1st pfd_20 N C part 2nd pfd— ,,,,—50 104 V. 104 — 55 55 32 38 107 % Nov 8 Feb 112 25c 25c V . 9% 46 Jan 26 Sep 43 30 Feb 41 115 Jan 132 2,993 25 25c 30c May 9 Jun 15 * 30 • pp. 1100 30 30 60 ,30 23% 23% 350 10 6% — 6% 65 5 — Feb 31% Jan . Westeel Products Corp Ltd Western Grain Co Ltd— • —— Windsor Hotel Ltd » • • 23 Va — . — 13% 7 23% 1.50 10 1.50 0 13% 22 100 13% Nov 1.50 30 11 Dec 7 Jan 8 • 'T4« . Mining Ashdown Hardware class Arntfleld - Astoria 1 1 A———10 Athona Mines - Mines Auhelle Mines Ltd Aumaque Gold Mines Gold Aunor May Mines class Fabrics Auto A 3c Mines Ltd— 1 Brazil Gold & Diamond M Buffadison Gold Corp— Mines —— Cartier-Malartic Gold Mines Ltd Celta Dev & Mining Central Cadillac Gold Co Ltd—. Mines Ltd Centremaque Gold Mines Ltd Century Mining Corp Ltd Cheskirk 3c 1.31 1 >0400 i. 7 6%C 7 1.31 3c Dec 15,200 39c Dec 4,000 6c 9c Mines Bagamac Jun July 200 5c Sep Jan Bank Feb 1 10 10 Montreal of Scotia Feb of Nova Bank of Toronto 10 -f Base Metals Bear Exploration St Radium— _ 3c Nov 12,000 500 . ll3^c Jan Beatty Bros class A—— Class B—————— Yeliowknife Beaulieu Bell TeleDhone of Canada. River Sons class - Nov & Berwick Gold May Bldgood 18c Mar Biltmore 1 •——W 1> 15c 1.31 Deo 1.52 r 5c * 5c 5c 1 18c !;'• 2,000 5c 2,800 20c 1 20c 23c 32c 2,500 ; 37,100 Nov NOV 13c 59c 16c 1'JTOV 70,100 21c 1 5c 3c /: 9%C .;■.. 22c , Jan" Oct Blue ; : . . . . Jan 49c Ribbon Gold—— Mines Red Lake Mines 28c Apr British American 12c Dec 45C Aug British Columbia 163/4 Dec 32 Feb Brit 32 Feb, 1.85 Jan, see page 2993. 18 210 1.63 12,800 18 75c Sep July ; 9c Oct 12 Dec 8,800 8,800 68c Mar 12c 15 55c Oct 155,900 155,900 Dec 6c 36,400 36,400 18 15c 20c Janv Apr Feb 50<i " Jan 87c July 16 Jan; 22c July Oct 500 Jam 1.70 Apr 62c 12% Mar 500 , Apr 31/4 Febi 1.00 Dec 22c 130 130 Jan 102 92c 30 30 540 540 3,100 3,100 ' Mar 85c 24yac Feb - 10,320 ' 15% : 6% Nov .APT Dec 10% N°v 10,600 16c Oct 55c 24,800 33c Nov 1.02 Apr 10,000 46c July 3.80 July 1.55 Feb. 7.25 Feb Oct -12Va Aug:. 8% 495 . 1,650 11 95 20c 0 *. 1 1 1 * V 20c" .21c 21,100 12c 12c"14%c 0 1,800 25% '■ •'38% ■ ' 25% -25% > 39 Jan 36% 8%c 100 " 66c 21,500 42 85 39% __ 33 %c 36c 21,800 177179% 1,190 75C 75c 85C 1,600 17% 17% 18 "300 • .•179 . 58c / 24c 32% r Oct July 32% Feb 38 Aug^ 28c 7%c Jan 57c 39 32c 170 70c 1.64 July 51 Jan 46 Jan 17% Dec 1.45 . 56c 60,000 67c Nov 72c 77c '84c 19,600 I ! 47c 17c 20c 5,200 July July 0 45c 13 ;118c 0Uii%*.i2% ;>14%c- l16c 8,200 13c 30c 13c 2,000 10c Julv 36c 3VA •23% , (V.37C 12c.'"13c ., 11 * com—•-/ . • lV/a 3% '3% 22%" ' 24 12 10 Jun 14 y2 Sep 2,966 1,330 "5,886 20% Jun Feb: Jan Oct 30c Feb V 55c . Aug 18% Jan Feb >. *?% Nov 39 %c 10% 8ep Nov Nov 14% Aug-. July * 92c Nov 3,812 13 Jan 023% May! 60C r Jun Jan May July 216 Oct Aug Apr? 2.65 May; Jun, »Noy 17c „ Jan 40 78c 67c Feb! "27 31 40 32c 1,700, July 21% Jan 205 36 64c ii ; 64c 37 ' 8%c - 12c 1,200 ; 41 36% . 15 %c July. 36c — Forest 1,050 1.47 NOV Jan 23c July 1,700 1,700 3,000 3,000 710 .710 U 6c 48c 11%. Oil— 5,500 16% 1,500 1,500 14% Brazilian Traction Light St Pwr 20,500 * , 30c 70 July 9,000 9,000 * Brand & Millen class A—a Jan 15c 1 Nov Nov 90c 90c ■ ' 30% Jan" 26c Aug Feb 30c July 253 1 Ltdi 27c 10c Sep 8.00 July 8.00 Jul?. 255 ———.—1 i common Gold 28c ■ Sep 00c DOC 2,600 2,600 Peb Apr May Aug Aug Apr Jan Peb Jan . 1.00 July 0 10 00 30 common 12c 1— 4.-; Boycon Pershing Gold Mines— Bralorne Mines, Ltd Jun 43c Hats Bobjo Mines 60 %c Mar Oct July A Mines Kirkland * 1 * ———* ; Bevcourt Gold 34c ::*■ , — -.1 , Bankfield Consolidated Mines 29% Apr 3 May 13% Nov 47c 26% 26% " Bonetal 23c Ltd footnotes 6c 1 —5 Donalda Mines Ltd For 43c 97/sC 1 Mines Mines 3c 39c 9%c 29% 129% Jun Jan 26 103 230 27Va 2.40 38y2c 1.36 13 1.95 Sep ' Oct• Brewis Cortez Exploration Cournor Mining Dome ; 54c Aug 99 99 7,000 7,000 !—-—* 1 —1 1 1 * common Y ellowknlle Atlas 1.85 Aug ' > 13 %c Oct 3%c 1.10 .1 Atlas Steel new 16 ■ 2,500 18 14c 8.8 51 %c 60c lie 12c 7 7% 92 93 1.00 1.10 26c 28c -81c 84c 10c 16c 15 15% 8c 8c« 12c 15 ...I, July May 42 1,00 Nov 19c 19c 3,825 3,825 13c 14c 26o , 15 15 80 80 150, Sep « ——1 Mines—r.'' Quebec Bertram Ltd, Gold <1 Ashley May May Berens Mines '■,t' ' ,,..r.n Gold Mines———... Armistice Gold ' ' ■ July Jun V j Mining Stocks Beatrice Red Lake Gold Mines Ltd 1 Bouscadillac Gold Mines Ltd——,—1 ' . Apr 40% Apr Jam 107 July ll%c Feb .24. 6%c 6%c Oct Jan 28 Jan. 3,000 3,000 97c 8.75 95c 8.75 1.00 — —0 \ 1.00 Resources———* Aquarius.Porcupine. .1 Area —...i-v li%& Argus Corp Ltdcommon—....- 7% Preferred —100 • — : • Warrants —■—-■ * ' 1.10 - 36 % July • Jan ' ,* 103 03 170 170 16,100 16,100 225 225 26% 1.45 0 < 1 105 105 1,500 1,500 : 021 Sep 35% Sep 19% Sep Sep 25 240 240 . 1 22% Jun 15 15 25 105 17 18 1 ' ' ' „ Bank United Corporations A United Distillers of Canada Ltd United Securities Ltd . " Arjoa 22% Oct 23 121 v' 112% May 60 May ,100 25c -» r » .1 ft 26% 1.26 1.35 _^S > ! : 190. Apex Consolidated 15 May 25% Jun 416 121 9VA 5 119 100 ; 38 c 121 Ltd class B 98% Jan 8 5 55 030 38 ' . 110 30 Quebec PuId & Paper 7% red pfd—100 Sangamo Co Ltd * Bouthern Canada Power 6% pfd; 100 8outhmount Invest. Co. Ltd— V 107 % .107 % K — V 16% Jan Sep .. .3340.3,340 - Mar 14 100 100 189191% — ,100 ...1. . Anglrt-TTurnnlaTi 27% Mar 80% Jun 9 —.. Anglo Canadian OIL:—,» Anglo-Rouyn Mines 18% May 16 330 ■ Yellowknlfe— American : Jan 14% 1,510 .7 Amalgamated Ladder Mines. 3,157 3,157 7%c 7%c 31 32 1.05 1.15 20c21%c 20 23 20c 20 Bangs Bines Janaary I I tow low ' High High 104 — 7,%c ? i,,.,, Aluminum of Can pref... pref. Jan 48 > 17 common— Jan 25 5 Ltd Ansley 25% Sep 6% Oct '* 100 ... ' 47% May 17% Feb: : * common 15 297 pfd 20 — ■ Aluminium 14 July 53% May 85% Mar Feb • a Gas Gas Preferred 8% Apr 11% Sep 200 • cum 60 125 — „ * Gold Mines. uold Mines—- ' Algoma Steel common • Jun 50 common. common, Aigez Aiger Jun Paper Acme Sep Jan 20 .... — Sales Sales fer Week v 1st Week Shares Shares 17% 18 1$% >19% : ; 38 38 20%. 21 — 75 pfd l77/8 18%; Agnew Surpass.—:4—. Surpass. — Akaitcho 1 1.15 Apr 10 3% Sep Preferred Preferred ;. Jun 30 * 20 ———25 ; r... •„ Acadia-Atlantic Sugar Acadia-AtlantloSugar 5%' Sep 28% Nov preferred $2.50 preferred Apr; w 34% Dec 01.50 May 50 Preferred Band-Ore of Prices Low Abltibi Power St Paper new com Jan • Minnesota St Ontario Paper Co, Moore Corporation Ltd Amo Week's • Bangs: Last. Sale Pries Jan 70 55 .. Exchange Cauilu Fonds 55/8 Nov 32% Jan Dec "55c 5 * 5% Dec 18% 100: 50'/2 • Co Oil 22% July .1—100 Massey-Harris Co Ltd 5Vac/o Stowell Screw Nov 8C 3.10 Oct .100 Co Ltd———— Oil Royalite 14% Feb 175 18% * *•, •" MacLaren Power & Paper Co Maple Leaf Milling Co Ltd Service 9%c Oct Aug 1.52 July Homestead Oil St Gas Ltd 37% May 25 9 • com i. Ltd 13c . Oct 300 • common Distilleries 2,874 25 —* Common— & , Aug July 64c 6.000\ 5,000 . Per Lowney Co Ltd Melchers 18 21% —• Power Jan Dec 37'Ac July •933 Mines Jun- 5 —.,——8 preferred conv - 14 17 V2 __ 20 Inter-City Baking Co Ltd St John 17J/2 _• Hydro-Electric Securities Corp— 5% 14 pfd——100 Hubbard Felfr Co Ltd common— A preferred Inv Foundation Ltd Nov 1.07 1,000 5,000 1944 Ltd 33 Sep 19% Jun 90 : 5% 25c 50c 7% Jun 64% May 45 Paper Co Ltd A preferred Lake Nov Dec Corp Ltd Paints 3 Dec Great Lakes International Feb Jan Oil Stocks Home 23 42 Fraser » 37c Nov v" ' 7,400 Wright Hargreaves Mines Ltd— 15% Dec Apy Dec 15% Feb 37 Mfg and Aircraft Ltd Motor Co of Canada class A Companies Preiman Ltd (A J) Jan May Dec ,100 10c Jan 330 Kootenay Power 7% Foreign Power Sec 8c 1,100 — ——— Vlllbona Gold Mines Ltd Apr 265 Steel Products Ltd Esmond Mills Ltd preferred Ford 1.50 20 • & Worsteds—* Paper Co Ltd • Fairchlld Aircraft Ltd. • 12%-July 4,000 Feb * Eastern Fleet 8% Ltd Corp Dominion Woollens Oonnacona 14% Ltd Buillvan Cons Mines Ltd 6% Jan Co. Ltd Works Linoleum Square 1,630 19% 0: 7.80 Nov 200 '523 12,500 Mines 46c » . July 13c 4,900 . Standard Gold Mines Ltd Jan 35 NOV "15% Jan - . —8,000 Mines Sep' 03.85 ■ • 1,500 fitauacona -Feb 75 6% NOV 35c •' Aug 12 %c 11,000 17c Sladen-Malartic Mines Ltd— 18% Apr 16% Jan 4Va Oct 15 Va 16 %C, 8c 4.60 Soma-Duvernay Gold 62 Oct 100 ._2.50 550 Sep 7.50 Jan 1.76 May ■ 0i.7OJu|y-'; 3,700 Mines Sherritt-Gordon Jun NOV 550 * Preferred ioc io%c Ltd > Jan 4.25 lJ: 1.00 Sep 1,100 - Jun Feb 43c ,2.50 July; 5,300 5.40: 5.40 Mines Ltd. >;■ 1.85 1.41 . Jan 5 Consolidated Litograph Consolldatea Paper Corp Ltd— July Jan 42c ,• 0 .26% Feb 1.00 July 10.700 Siscoe Gold Mines Ltd 3.80 Feb 90c * Preferred 12c 3,300 7 Gold Mines Santiago Jun 43 Jan 48 50 •• 11,500 Gold Mines Ltd. Crest Westville Commercial 18c 19c Oct 13% Sep 2.24 Feb 11 • , Aug 4% Apr 31 Nov 25c -,v.' A 5.10 July 84c 1.80 Quebec Yeliowknife Gold—. Quemont Gold Mines 5% Jan 7 11% Jan 500 ' ;• Feb • Oct 2,500 , CadalUc Gola ■ Jan 1.15 3 ; July 1.35 15c Pitt Gold ; Mines,,——— Feb 200: Dredging. ■• Apr 9c 450 .'5,300, .2.60 >2.70 ; Pato Cons Gold Dderdging Red Jan 46 77 35c 9 2% Sep 4-90 8 com_» Cons Pandora Alfg Sep> Feb • 5,225 —— . July 1.75 Jan 50 3 Preferred 25 2% Sep. 151 2 Claude Neon General Advert Ltd Aug 195 Jan 2% Sep 425 : • —100 Chateau-Gai Wines Ltd_, Nechl Nov 100 1.25" Jan Feb 35c O'Brien Gold Mines Ltd.. Feb 1,126 — Canadian Western Lumber Co Co 0 Feb 18 :-l 2.05 '1.15 Apr 65c 14c Ltd. Mines . • common Dec Get 40 2% • 7 % Macdonald Feb 34 Ltd- r • 73c 31%c Louvicourt Goldfields May ; 44 22 258 975 Canadian Pow & Pap Inv Ltd oom—* Canadian Vickers Ltd Apr 29% Peb 113% May >-: - , 100 17 190 .———* „ Nov 15 15 common.—20 Company, "Jan 38 34 __ * 7% preferred ; 100 Canadian International Inv Trust Ltd— ■ Common 109 258 —*■; General Hlectric Co Ltd—50 Industries 33 100 17 * Canadian Gen Investments Ltd 110 Mines • <H 19% 13 %C0 Lingman Lake Gold Mines Ltd Llngslde Gold Mines—. 108 •' Shore Lake Mar; Dec 10c 8,500 ■ ,58c . 3 %c -Dec ■ 41,825 5.55 Jan Apr • Nov 26c .4,000 ' ; 80c :49c .1.45 July' ; Sep Jan 36c , 58c Sep "10% Sep 445 % ;3,35T ' ; 4c ? 5.55 Ltd. 25c 34c , 1,000 S-!-: 30C: 75c Mines,— Rowan 66c •10c ll%c Mines Ltd , Lake 1,075 17,500 . 11% 20C- 3 %c- G<?ld Mines Ltd. ■Labrador Mining & Explor Co Apr Apr .11% May 20% Dec 38% 110" 38 % ,77% Apr 105% Aug 235 • Nov 8% Mar " 10 21% • Canadian Marconi 490 ' 20% Class B s 10% 100 Canadian Fairbanks-Morse Co Ltd Canadian 10 35. • Mlnes. Laxe Joliet-Quebec 104 62% Sugar— * Power 1% pfd—100 pfd— Jack Jun July 4% Dominion Canadian Packers Ltd class A . 11 52% 1 Calgary Power Co Ltd 6 % Canada Northern Canadian 49 17% • Butterfly Hosiery Co Ltd & > 6% 1 com common 66c J-M Consolidated 28% Jan Oct 14 24 100 Company Preferred Canada Sep Sep ,• 14 * Brit .Columbia Brown 26 44c 36c 10% Hudson Rand Gold— Oct 25% * Class B 44c 34c Mines Hollinger Consolidated Gold- S July Dec : Feb 1.36 Sep : ' Heva Gold Mines ♦ Brandram-Henderson Ltd Brewers & Distil' of Vancouver Ltd High 1 Nov 78c Mines— Goldbeam Goldvue of Can.Ltd-"' 99c 13c 15c Found Lake Gold— Bathurst Power & Paper class B——Belding-Corticelli 7% preferred^ 100 Lou 2.25 July ;'V72c"' Mines Ltd (1945) Ltd Gold'Mines, Ltd— Formaque Glove W fe Bangs Sines January 1 High Ltd—, Mines Elder Acme Low 1.15 .1 Mines Sullivan East Shares 3:'" Far £0 Week's Ssles for Week Bangs •f Prices Sals Pries Canadian Fnnis . Week's Last - Columbia Packers class A_ Class . B British Columbia Power class A 20c 1 25% 23c 25% '26 % *V';. 965 3%c 3%c 3,900 15% 16 40 7% 29% 15c 25 Sep Sep 2% Sep 13% 8ep 28% 5 17% 233 7% 29 7,000 ' 0: 6 Nov 11% 750 28 Jan 35 Jan : Jan Jun Jun May Volume 164 Number 4549 " THE COMMERCIAL ft FINANCIAL CHRONICLE CANADIAN » STOCKS-- .Friday Week's Last Dominion Oil Low 1 14 Broulan Porcupine Mine*. Buffadison Gold. Mines. Buffalo • Ankeritel—„ /■ Buffalo Canadian Gold 41c 1.20 1.28 4.10 -* 1—-• Muies- 4.25 Building Products.! 16c 20c 11,000 4 23,700* & Co 28 AW ; ££ ; 23% ,* Caldwell Linen 2nd 230 preferred Calgary & Edmonton— 16 Calllnan Plin Flon „ Calmont Oils Campbell 16 lie 13C 25c 1.90 2.Q5 6'/a 6% -Canada- Cement New preferred common * .60 ' '■'■! .'l • Crushed Stone————. Canada. Northern 100 Permanent Steamship ■ & common Canadian Celanese >> Preferred Canadian Dredge common Octf 75 38 325 17 285 111 : ■ .53 Mar 3& 190 14 14% 266 ■i 130 82% 10 22% 23 1,160 19 25 25% 1,956 20 , . 25% 26% Class A 26% 18% 57% ,, ; 125 27 25 315 22 Va 110 195 210, 54 % 58 Feb Goldcrest Goldora • ' 24 Class -B Canadian Locomotive Canadian Oils com Canadian Oils .Canadian ; • / 32 */ — 32 Jan 22% By*— <• >■■ Wallpaper class B Canadian Wirebound Box—- Cariboo Castle Trethewey Central Patricia Central Gunnar Gold Aug Hahn Jun Halcrow Centremaoue;■ Chateau Gal Wines-^—— > Chemical ■' Chesklrk Research 1; i,- Circle Gold Bar Mines 1.85 15c 20C 22c 13,500 15c -8 220 200 50c 23c 27c 4.10 13.984 52c 65c 64,300 21 21 25 f 16c 2 85: Mines Co. 2.85 44c Rock Collingwood Terminal common— * • , Commonwealth Petroleum _* : ! Coniarum Consolidated Mining & Smelting 12 39c 5 Gold Hinde St Dauche Conwest Exploration . . 35c 500 30c 1.26 >950 1.25 190 16% 5,400 87 84% 76% -Tun Feb Feb 25 10% 55c 20c 1.07 18c 1.00 Jan 10c Jan July July 6% Sep 18 12% Sep 9% 1,200 • Aug 18c 4c . 18,400 15c 22 5c . 1,010. 50c Apr Jun 19 % Mar 2,900 ■ 5,500 59c 18 Va Sep : 50c July 25,408 16c July 97c Jun 16% May Dec 13c Nov ; Feb 21% Sep 1.24 Jan /> 31c Jan 45c Apr % 2.70 Jan 12c 32%C 29c 34c 21,400 1.30 1.30 1.33 2,800 68c 66c 73c 64,700 51c Oct 74c Nov s~* —* 190 17c 19c 28,550 15Va0 Oct :/-25c Nov 19% 20 V» 11 11c 11c 8c Oct 30c Jan 19c July 69c Jan 1.18 • 200 3.60 Sep Jan 27 Apr 19% .19 %, Nov 2.00 2.45 2,165 11c 6,000 9c Nov —1 5%c 5%c 5%c 3,000 5o. May 47c 45c 50c V 10,900 30C 30c' 36c Oil & Gas_— Miij!tog1l& SmGting Bay 4,000 25c Indian 54c 1,800 40c 9%c 10,200 103 103 60 94c 89c 1.00 29,200 15C 17c 5,800 30 30% 440 11% 11% 1.75 1.75 8c 10c 20,800 14 11% 15 15 •15 15 —100 common 36c 30c 750 . r . Feb Jun 74c Aug Jan lie July 1 Jan 4.40 35c Jan 73c v Feb 50 34% Sep: 7c < /,9% July 105 105 6 28% 29 350 26 127/s 12% 13 6,938 12 790 13 May* 30c ; Jan &* 15 Oct Jun 16 :? 9% Sep 95 Jan 15 29 Lake ——li. International 13 ——1 class A Metals 110 Jun Aug Jun International Petroleum • 14% International Uranium 1 75c 7Va Nov 17% Dec 15% 19c 62c 2,000 Dec 280 26 29 Oct 5,145 13% 55c 14% 7'Ac 1.65 V 1.59' 15 y8 65c / 24,000 1.36 Feb Jan Jan 35% May Oct 2,707 1.59 * 80c Oct 29 Jan ,8% Aug Dec 33% 51 %c 52c 50c — 24,500 Va 30% Aug . " 31% 32% Mountain—— 21c Jam 28% * •Island 400 70C • Mining 7 Va 19c 200 —1 — 13 % 7% 13 Vi —.—£ —— Apr 1.95 Feb Oct 1.44 1,060 * Inspiration Min & Devel Feb 103 July 48c 2.35 Nov 3,180 42% — Preferred May 32 1.36 1 40% 42% * International Nickel Co common Oct 1.36 Sep 2.00 Huron & Erie 188% 27% 10 2,058 10%c — Imperial Bank— 10 7Imperial Oil ———• Imperial Tobacco of Canada ordlnary.5 Jun 2.75 Oct 28 10%,11V4. 10 %c Class B Apr 1,27 Nov Oct July 90o 13 —1 Jun 22 ; 92c ' 10 1.00 l Hunt's Ltd class ■ 51c 1.02 Nov • 1,800 7 23c Dec 30VaC July 790 20 20 18c —^.^,1. Yellowknife Jan 35C: 5.00 Feb Jan 1.10 : 70 Sep 9c Howey Gold Mlnes^—i Dec 1.05 Jan Dec 18% 926 Apr ■ 19 Oct 90C 4% 1,500 14 Va 15c Oil--———1 Hudson 47c Nov < r—,♦ —■ Mar Hosco Gold Mines—...1". 7 Dec 1.38 Apr 27c 164 20c 35% Jan 42 .. 20 500 36c 35C 14 Va- 1 — Aug ,7 17,100 209 253 , 5 9c Jun / 22 Jan July Nov Deo 75 29c 1,625 61 5 9c Nov 11c 15 / ———1 new Feb Jan :p:.n 171 59 " 20 Jun 4,133 3,500 — 25 Oct 87% 591 1 Hedley Mascot 58c Dec 800 168 V Apr )2%c May ..—.1 Gold•' /Heath 4.70 Aug July 465 .18 100 35 2,500 50c. Highridge Mining 27c V 18%. Jap 1.03 6 Consumers Gas (Toronto) 1.15 v Oct Aug 23 1 Gold Mines Apr 1.90 Nov 1.25 ♦ —.4— Jan 12 Va 12c 35c . r. Nov 1.03 Bakeries Consolidated Beattle »: Jan Nov 35c 57 20% ioy4 Homestead 1.26 Consolidated 4»/aC 10 Jan Jan 50c 7 July July 10% Sep 18 Homer 21 %c Nov 107, 33c 200 Home Oct ; So / Feb 3.25 -2.00 Jan 52% July 7»A Jan July 7/ m 7 Jan 1.30 79c 100 7Vic Jan 356 28c 25c Oct 1.615 . 4Vic 50c 7 Mines——1 - July May 7c 16 27c —i. Yellownmie Feb Feb 125 4%c July Sep 2.40 39c 87c 99 % Mar 7 Gold Mines 2.10 V-1.41 Mar 4,400 88c ,•> July • 25c 12c Hollinger Consolidated Gold Mines——I! 12c , Jan ' / Jan IOC 12% 12'/a 8c 70c 22 Va 5//: Jan 2,600 2.90 12 44c Plow Nov 20 11% 20% 60 3.00 37,100 16c Nov 1,000 .. 55% 11 • •/ Hugh Malartic 10c 12 %C 12% uola Feb 16c. 19,800 5c 55 '- * 44 %c 43o 123,000 3.70 65c 36c ; 5c 108 Va 108% • July July 7 33c U.. Carpet——. 4.40 1.30 Sep 770 24C 21 willans ^.Preferred 2.50 July 7,525 Lake cciomac 3,000 3,400 35c 108% .. Harker Gold Mines 26% July 80 May 3.95 —11 — Coin May 24 % 18c 50c. > Cltralam .Coastal Oils. Cocksnutt May May Hard 26 Dec 1.35 -——--———.—-I —. cocneuour 27 V 46 24% Sep 2.10 20c ; Chestervillc Larder Lake Gold Mines—1 Chimo Harding 20 1.35 Mines,—^.i———-—-—l!! ■ Jun 12% Oct 2.00 2.00 Feb 22c 54c 4,000 — 24 20 16 %c 1 _1 — "25c Nov 24%C July . 9,611 18 Bridge Feb 1 „ Mines 16o Hamilton Cotton 10 8 —— Feb Sep 5c 24,500 .1 Hasaga Mines Headway Red Lake Gold 2.75 Feb Jun 8.75 10c •' 7,500 • , ; —1 Mines. Jun 4,430 15c preferred—— Gold 107% t 15c 14 V* Swayze 20% Jun Heva Gold Brass HalUwell Feb 20 20% 108% 5.05 July 22,850 ——1 Harrlcana 26% 3.10 Gypsum Lime & Alabastine— Nov 13% 2.90 W 18% ;20 2.99 « Jan 26% 35c * 13% 26% 140 80c — Oct — */ Sep Dec 15% 105 3,225 10,200 130 23 Wire 23% 12% * : 28c common— 13% NOV 12% NOV 2.65, Porcupine A .■ Paper 150 Gold Quarts. ' class ————————— 390 13'A ar Canadian Jan 105 - 76%o — — 15 20 Apr 21% Aug IOV4 Mar 44,870 17C 25c 14c" • ^31 106 66c 16C • 13% 106 55c 22 %c 35c —>—50 class A .14 106 —100 - Pacific • ■.< 79a :• common—* — Wihksne_ 78 17% Nov 535 July m Sep Feb 44 18% 111 5%c: >" 1,500 j, Preferred 30% May > 18 18 Jan 3% . .15 5,330 6,700 1 ,30 ; Jun 105 45 1 13% v 20 90 ' 15c / 5C 17a--": 22 %o nullnmmmI — A Rubber Co & Greening Grull Jun 20% Sep 3,360 14% *; lie -'-i 55c ■v./ -1 Tire Great Lakes Jun Nov 155 * 1 Grafton May 39% 19% Jan 45 105 Goldvu© Mines ———^.i 29% Aug 32% . 21 19 Feb 14 650 v: 6.10 — —11 —— Hamilton W—* - >>, pfd A com 16 5.80 15c —1 —— Mines— Preferred Jun 50 19 • ■■ .• : „ r • 16 16 1 - Mines Ltd Gordon M.Kay 99% July Nov 12 vV/'-: / ■ 75 ,265 Jan Feb 5.55 . Feb 22 15 Noy 32% 75c *: 2,85 Oct 130 20 105 .... Goodyear *42 13% Oct • — Gold Eagle Apr 42 14 5% > Dec 27c '0- 110 5.85 ;; Goldale Mine Mar 12% Sep 18% Nov 56 1 Jan 7% Aug 13 V* Aug Dec 18 Va 4,100 5,1361 4% 17 20 v 1 Gillies Lake-Porcupine Gold—.—.. ■/::/' r.:_ /• //God's Lake 4 Aug 23 Jan 13'A 110 3% —— Goodfish Jan 18% 3% 2,635 ■'/ , 17% * common ;_—! Golden Manitou Mines 22 Alcohol Wares ;r» Glenora ■53H, Jun Jan. Mar 22% Sep WW: -3% : * Mfg class A Golden Arrow Mines 205 Sep 82% Dec 330 30 26 18% • 26% 13. - .——————100 " ■ ■ ■; Industrial Steel Grandoro 30 : 51 i 17% , >; 2,175 2.96 110 • Giant Yellowknife Gold Mines 44'% July 47 / 82% Canadian Food Products common——* Canadian ■ 21V2 13%' Nov 49 "• —— Jun : 14% Jan.' 16% Oct 1178 Jan. 4 19% 2.90 * - — Dec '64 3'"; 9% Nov ;! 24c Nov Jun 8 104% Dec .,1,827 Dec 225 •;/.:: 28c 28 %c 'K 2.90 common———. Preferred r 4 preferred General . 31% Oct 8 186 22% .» .i... 'J Jan 250 17: • /> 25 >/: '••:* : >,; 9% 275 47% ■—^——*> ; Power General Bakeries 108% July 25% 38 190 Fdry - " 5% , 3.60 Jun Nov 14% Jan 205 , 14% A 6 30 10 17 ,50 Car Class,A -1.72 Sep 102% Jan 3% 18% —• — Exploration—— Gatineau Jan 3,400. 7c 6% Sep 11% Oct ■.' ! * Jun 56c 58 Va 9'/a .• —- Conv preferred —"> 'Canadian , 41c Sep ■!• 104'A 105% 58 Canadian Bank of Commerce— 10 Canadian Breweries common— + Canadian Canners common—W———* 1st preferred ; 20 ■ Oct 8 10 Mortgage-—--.. 100 common^. 'Preferred Canada Wire class , 8 ?■>' . : 11c ;20c ' 104% Canada Packers, class" A——.Wsi——* > Class B—" ■ Frobisher , Feb 194- 31 8 —* Power—.,- Gold Goldhawk • „Canada, Cycle.& Motor pfd—_— -Canada- Malting > Canada, • 12% 18% Mfg & Aircraft Francoeur i" : 19% May 2.95 Jan 4,200 19 30 Ms 4 Canada 18. 19 - 44c Nov 18,550 ; ,113 Apr July 1.55 Nov. ■ ... 17 7% .3% ,/.. Fleet Vy. Apr 16 10 103 7/a 105 y8 common— * July 19o 4,800 - New preferred L—W—---W—W—10Q-. • : > ■;■> 150 22c Lake, | Canada Bread, Canada ;; 10,400 1.66 1 Red . 16 ' 15 6,500 7 12 _ ;V Ford Co of Canada class A—— ...1• ?! i Jun .27 7%C Hiah low > r: — Range Since January 1 , High 7o './I 1 common General Products 24c i.60 ; lie X * Ltd ' r 97/aC May 11% Sep 22% Jan : 11% Sep . ,251 i ... 15 !: >>> 297 v: 21c 1.65 —, ; . Jan Shares Low V Feb: 35 Mining far Week ■ /' Fittings > Jan ; 45c :97c : 4V2C Jan - >20 25 11 , Junr 23% Mar. 5,000 11'/a -14'A *4%, ,• a. r Calder Bousquet Gold. 315 •> 80. : - j. Kirkland Bales Range •f Prices •i> Fie >■!■:>;.! Federal ■ 1.64 Apr 'i&Vr' 29 4c 11'/a' class July July July 15c* l. Class B Jan 15c 31c Burlington Steel ;• 72c 3.85 28c 28% Bunker Hill July , 1 Jan 95c - ,300 u 55c Last fait Prlct High Oct . 40c ; 3,300 • 28c ■; Burns 13c :17c • ?/Buffalo Red Ifake - •LOW 2,500 14,600 Week's Friday v/> ■p' Range Since January 1 High 40c ——_ STOCKS j' Shares ;14C 15'Ac 1.28 . for Week •f Priees Par. British 6 Bale# • > Range Sale Prloe LISTED MARKETS RANGE FOR WEEK ENDING DEC. , 2991 47 Feb Nov 27% Jan Dec 2.09 Apr 1.59 500 9c 21,400 13c 2.30 6%C Dec 12,500 . Sep Feb * Cosmos Imperial Mills—— Cournor.-:;:—' Crestauraum Cromor Crown —1 Trust _r. Crowshore Patricia Gold 100 80 30c 26 « —x — Davis Leather class A——— Class B —* 30 102 —— Denison Dickenson Red Lake 'J4c Oct 29% Jan Seagrams Dome common Mihtng Mines 10c Dominion Coal 11,000 5o Mar 30c 2nd pfd .! 19c Oct 89c 8,500 67c 72c 3,700 16% 18% 3,155 106% 106% 5 class 16 Nov 105 .1.48 Apr 30% July , ' Oct 126 28 900 Lake Shore 15% 14 13% May 23 Jun Lake of 28% 28% 30 Nov La 70a Jun 20 26 31% 880 27 Sep 9T/a 9% 100 105 •+M- 43 . 5 104 40 Noy 14% 735 25% 14% 26 26 905 ,20 23" 42 14 115 13 1.63 291,150 60c 1.46 1.46 1.50 9,500 V 85o 20C 19 %c 21C 39 c 40C 3,100 5%c 6c 1.60 65c Mining & Exploration 35,950 *20% v 9% J, ■ 34,500 25% 25 yi—,* 6 ——,,25 -,——•—_•— 13 //'/:• 6:* V; u 80 13 25 | 30% .V 20 • I 555 Nov Dec common Candy Shops 1 common 100 see page 4.00 4.30 17% 17% 18% 487/a 48%fV 50 8% >:'./9* * Preferred ' footnotes 4.00 • 2993. 118 116% 121% 1,750 520 1,250 385 u Mar 43% Sep 5% Jan 90 Jan Jun 4.25 Nov 4.25 4.50 716 5.80 900 ; 62c 1.46 Jan Jan Apr Feb Nov Jan Feb Jan Jan May Jan 26% Mar "1 37 8.00 July Feb 8.75 Mar 5.55 July 1.85 .7c Nov 20c Sep 25c July 71c Sep Sep 23% 3y4c I,000 Feb Leitch Gold Mines. 1.30 1.25 1.30 6,100 31c 32c 2,200 18c July Lingman Lake Gold Mines—— 1.25 1.22 1.36 80,900 68c July Little Long Lac Gold Mines Ltd-. 1.76 1.76 1.85 32 32 32% 30 30% July Jan 10c —. Ltd Gold Lexindin . . 19 Apr 8%c May 3V8c Dec 1.55 1.20 July 37c f Jan 3.45 Jan, 1.5Q Oct 2,675 Jan 1.46 Feb V S Groceterias Class B Loew's class A ■ • — Gold 30%:.: / 90 common-^^—100 (Marcus) 210 '96 2.63 2.60 2.68 35c • II,200 33C 2,600 3.10; 3.10 3.1S 3.55/ 3.55 3.55 24C 11,300 Aug 34 May 90 Dec 4.45 • Sep 86c Apr 45c July 20V2C Dec 145 20C Lynx Yellowknife Gold 80 "Jan 1.02 July 30c 6,400 : 20%C 25c 36 27% Jan 26% Jan 570 : 90 34c —__—1 Mines Sep 1.45 Jan MacDonald Mines Oct Macfie Red Lake 71c Macassa .1'v .1 ;i' • >1 36 Jan MacLeod-CocKsnutt Gold Mines. 13 Jan Madsen 13 ' Dec Red / • 6.35 Feb Lake Gold Mines- Consolidated Gold Magnet Malartic 3.85 Nov 12 Oct 29 Va 1 s-ft 3%c 1.38 !:V;10 ■Jan ;i 13- -,• 11 / July July Lebel Oro -/.v.-/:-, ; - .. new 3,235 Feb Feb 22% Aug Sep July 33c Nov 23% Oct 6 14 34% 4.55 July Jun Jun 40c 45c 110 14 % 33c 23c 4,800 29 Va 24% Mar 75 . 5.75 4.50 —• Louvicourt Goldfields 34c 9,400 70c 1.16 5,260 2,000 Lundward 37c 2,000 35C 65C- 13%. 37c Jan 20 6.00 33C 34 y8 — Jan 83c 670 5.70 / 1 —---—— Lapaska Mines •; 3.35 50,200 2.90 26 * Mines 4.60 55,100 33c Mines—————.——•*. 1.15 July 59c 2.30 Sep 1.40 90,800 Jan 1.23 Dec 1.32 500 • 20 13c 20% 40c - Dec 90c 4,500 , 38c Feb 20 17 Va v 35c 90C 9C10%C 62c 54c 1.76 il V* July . 44c 34c Aug 1.07 A— Ltd common 2.30 July, 8Va Nov,/ 400 3,365 30 . %C Dec 19% July 25% Mines , 38% Jan Oct > 28 Laura Secord Candy— May 30c 55c ,1.18, 1 Jan July July Luz Mines, Woods Lapa Caddilac Jun 2.40 Sep 58o May 5c 7,025 3.15/ 3.6Q vr -r————..i. class . 12,500 1.50- ; 23 Mar . 10 43,500 35c 5.70 Loblaw 9 — Falconbridge Nickel For Nov 24 ,40c 2.25 37c Feb Feb July 19c 27,300 39c: 3.50 ,> , 23 14 23 V 15 50% . 12% Mar 1.43 + -,,,,—2Q. —J Grain 23 4,400 12%- 13% 1.32 t —.— Lamaque Gold Jan 109 Oct 20 Jun 39 7% Jan 105 45 v 14 • • Mines 30 . Mar 29% 1.50 : Eddy ■ Paper,— Farmer Nov 90c 1 1 Labrador Feb 32% 1 24% Jan 31% 1 12% Lake Dufault Mines Ltd..—_————1 1.75 Aug ,. 17% Dec 28% 6c' "Elder'' Mines Federal July 10c 37,620 10c 25% --—————— (John) 27% '• Sufllvan Mines :^Eastern .Steel.'-1.^-— Fanny 450 / : ' Labatt Jun 15% Mines. Players Lake 3,800 — East Famous Klrkland 22,600 • — Jan 24 40c 1.15 East Malartic Mines. Class B Jan 9c 26c 26c .1 Mines. 82c 9c .1, 18% Duquesne Mining :,Co———1 Duvay Gold Mines_i———l Equitable Life : Gold Kerr-Addison Jan 1.00 28' 25 common———! Woolens -i,,'— Electric Noy 1.90 73c • .1 17% ; 1.54 English 65c Oct * B— Tar Gold * Co. Kelvinator 1.06 I El Sol 1.00 • Stores Gold — Nov 9% Donalda Mines Eldona 21c Nov 1 Kayrand May 145,800 Dominion- Malting pfd---._^,^^—,io6i /Dominion Scottish Inv pfd—150 :■ July 3c 946 4,500 co 0 May 6c 7c 78c Jan 11c 65c 5c • Nov- July 7c 1 41c Nov 4c 36c 40 — July 200 1 — •71c 15,500 > 1 —^ Feb lie Magnesium East Amphi East Crest 3.05 63c IOC, 25 Fabrics Dominion 4c 48c Jelllcoe Mines Mar 16 1.18 10 — Foundries & steel com— Dominion 4C 43c —-——— Laguerre Gold Mines preferred,— Steel 15C 12c 40 48c 17% iwminion Dominion Sep "1.50 Oct 47c «, Dominion Dominion 12c 1 Mines J M Consolidated— Jun 18% —— Bank Dominlom 11 34 1.12 ,100 r. Ltd Dominion 1 1 Jason Sep 63c • ————— ■fDiversified 100 "'500 29c 1.10 • --r—..!.!1ir;-;ii^:.M„r„;A;- Discovery Yellowknife Preferred -——— 6 %c Jacola Mines—— 1.15 Feb 67c Detta Red Lake Mines Distillers May * ————1 Mines 1 Nickel Jack Waite Feb Mar 1.75 Sep 105% Sep Nov 80c ; Deinne Mines 70c 86c , 1.00 July Jacknife Apr joliet Quebec — D'Aragon Mines'.. , 30c 1 ——— Pershing Mines,—i-; 28 Gold Manitoba & Fields Eastern 21C 3,350 .1 1.70 1.68 1.72 > .1 2.99 2.95 3.05 7,269 .1 41c 41c 41c 500 1.70 1.70 1 • 3c 1.75 • 2.70 1,665 10,975 3c 10,500 5.00 Jan Oct 7.50 2.50 July : 15C ; 35c Oct 3.75 1.50 July 5.45 2.45 July 38c : July 3.75 1.50 July 3c 10c Apr 22% July 65 11 134 May Sep Aug 13% Maple Leaf Milling common 1 Maralgo Marcus Gold .1 > 325 13%/ 13% 5c 5c 6 V20 87c 87c 88c 1:13 985 5c 8,100 60c ;•/// July July July 95c / Jan July Feb Jan Jan Jan May 17% May 15 %c Jan 2.20 Jan ' ..i /'.,f : V. *'* •' •« i-.. • ' -4 M. i< ■ V\. ■■. Monday, December 9, 1946 CHRONICLE THE COMMERCIAL & FINANCIAL j » • CANADIAN LISTED MARKETS FOR RANGE STOCKS Friday 7/7Sals ■:*,«f Marion Rouyn Gold—Massey-Harris ►re*erred 15/8 -20 preferred- —* McCabe Grain class A —— — New 4% . 24 * McKenzie Mines 1. Gold .1 Red Lake McMarmac Red McWatters Gold Lake Mines 80c.<•. ' * Mid-Continental Oil & Gas • .• • • Mining Corp new A 9-29 " — 20% ?oy* . . ; Negus New Steel Car, 7,000 16c July 45c 23c Oct 52c Nov —• 13 % 14 80 13% Nov 17 /4 55 16% Mar S 21 400 1.95 4,300 14c 13%c 16c 1.37 60c 8c 9c 18,500 8c i——' Nipissing Mines. ; : 5 Normetal ; '• — 46 % Nov 44c Oct 6c Sep 12C 1.75 54,500 ; Sep 1.03 15c Jan 33c 9-300 10c 30c 35c 33,600 26c Oct 95c 8%c 1.500 7c Oct 22c 60c 60c 60c 1,06a 5 /s 34c 6 35c 14,400 34c ———1 Ogama-Rockland 1.81 L77 L85 8,070 :———— Okalta Oils -—U__ * Omnitrans Exploration 14c. 1 18 Mines—. ,-i 1 Orlac Red Lake Mines--——————1 —; 17 , . 1 : Mines 17 ,. * 53c 3.85 Sep 80c Oils * Pacific ^Eastern Pacific Petrbleum 7c — 90c ' 45c Oct 37c Jan Sep 43c 85c 13c Dec 30c Page Hersey Pamour Porcupine Mines Ltd____——* Dec 26 Pandora Cadillac Paramaque Mines Parbec 1.40 — — ... —4»—1——— n., ,-X , 19c , 1 — Partanen Malartic —1 Paymaster Cons Mines—— —1 Per.mans Ltd 'Common—;:-——-—* , 13% Mar 16c 95c 57c Gold Mines —.5°. .!y? '' ' ' «. . . 1 „ 3.45 1 Poweh River * ——-—— Power Corp Premier Gold — Trust Pressed Metals Preston 3.45 35% 34% —-- 35 1.00 July • —-1 1-60 Preferred 40 m, (G) ——1 ————— 10 nnn , <6 /2 JOO,--. Ha 2* ,1^ J' ■ 3,550 35% ?'^5 1,265 1»47 12 700 50 65 _ 159 1.70 5,000 20p 13 9,4 0 54% Quemont Mining ^90c «4% 1-03 90c 78° Gold Mines —* 19% Reno Gold Richmac •— ——--i-~ Elevators preferred Clas' 28c "A" 8 Robertson (P Ll——a Cotton————*' Long Lac_ -1 Roche Kocnette Rouvtj Roxana Roval Oils Co—*...... - — Pnnlr RovaUte - Gofd — — Mine— Industries new Dec July 5% 45c Antonio River 1.15 50 New : Sannorm Mines, —— Bridge Senator Rouyn Ltd— Shawinigan 8c — —, ——1 20 ; Ltd common Shea's Winnipeg Brewery class A--* Sheep Creek ————50c - For footnotes - see page 2993; ^ 3.75 Winchester f. 1.28 : } 15c - Jun 31" May 58 6c Nov - - 8% Jan 16c ' 11 5% Oct r May May 14%c Jan /13% Feb 1.93 July ; 8.50 Nov 1,066---140' Oct ,> 4,000 80 Oct 14,000 4.20 4.40 3.10 Feb 16% Feb 87c Jan 40c 63,135 25c 29c 3.80 July 4,395 64C 6,000 77 140 24 ; 77' 7 25 34% 77 35 17 24 35 23% ; Mar 23% 28% 8.10 Feb ' 50%c Deo 7 , 18 ; 22 35 34C 41c 340 99% 5 Jan 36% May 108% Feb ll%c July 33%c Nov 14% Oct 30 103% Nov 12,600 55,600 Dec 35 ' Mar 104 104% Dec 35 Oct 7725 120 i|7360;;; Mar 25 Oct 34% Oct 1.69 Jan 55c ;7 Oct 33% 1,875 r: Dec 25c ■ 1,300 35 35 Larder——— Winnipeg Electric 7 Preferred Wlnora common Ymir 15C 12 %c 12 %e Yankee 3.30 Feb Sep 60 22% Oct 3.45 Jan Toronto Slock . Apr 40c July 8 Dec Oct Feb Andian Friday 22 Dec - „ 46,800 23c i,zuo; National 10? Nov 25c July 64c Feb 1,323 \'00^ 5,600 Oct .82. ' A 25% July 25 ;; July Oct Feb " Jun 6 Feb Sep 7 14c Oct f- 50c i.63 Oct 11 Sep <s,uuu 1.00 Sep Jan 26% Mar 82c Apr Sep 28c Jan Feb ; 13% Apr Sep July i.iao ^ a.cuu Jun 112 18c 20 14% 14% —* — — Shares Feb Oct 39c Jan 27% American Banknote—!— Lots — 28 Canada common——* ——————* ; Canadian Vickers common——. *, Canadian Industries Canadian Marconi , Preferred 5 71% 29% 150' __ 150; 3 45 Coast Copper —— —5 7 1,75 Oonsolidated Paoer — • i--.—7 7; 19% -Consolidated Press class A— * . — Canadian Western Lumber—— Canadian Westinghouse 2 * 3 % ( '45 ; 1.75 19% 26 7 12% Sep 2.08 Jan Dominion Bridge Dominion Textile 33 ———• common———,——* 7 32% ,, ,-;94% j--——;———* 1.80 ———* — 17% — * Paper Donnaconna *26 mternatlonal Pend 51 %J$ Paper—17%;s Paper common,———19 Minnesota & Ontario- / Oreille Southmcunt Investment— Temiskaming ———— 1 —* —.—1 7V— 34% 10 %c 4.00 Jan 23% Apr 7 Feb 21 Jan 32 Jun 31 Nov 45% Apr • 15 7 250 118 -May Nov 24 Mar Oct 7; 2.15 Feb 1.50 Jun 20% Oct 39 5,380 " 39 Sep 59 1,485 • ■716 Sep 100 11c 3.80 Feb 761% 220 lO'/aCr Jun Jun Oct 15 7" 7.91 94%; 1.80 : 3.10 43% 173 7115% July 160 23c t««v 23c 3 s23c July Feb Dec 1.35 425 i8% 3.10 Feb 25 7 5 2% Oct 47 9,862 23%52% i* Nov 29 ' 100 1.80 ,, 7 30 Sep 52 23% 58 -- Apr 8% Apr 104% Apr 7. Sep ' vootnills Oil & Gas Hayes Steel—— Jan 78 Sep 19% Sep 7; 7: 2% Sep 135 500 ; 27 18 Jan .Mar 23 Dec 21 7125 3 50%' 1.75 19% 35 , 67% Sep 19% May;/' 10 160 k ■ —————100- High 23 46 Oct / 7".,4 ":.. Sep '7" 160 . 1,875 20 21% 21% '7,- 115 20 20 810 2% 72% 45-7 30 31%?. 777 21% 20 3 Sc Dominion Sugar——..—* 22 100 22 28 > ' 54% 4% ; 24 100 27% 22 14% Dec Sep 85 15% 52% 4% 71% — — Bangs Sine* January 1 High 79% Apr : 7c 40c Jan 1.19 Nov 16 3.75 Nov 4 800 7 67c for Week 71.57 Mar Jan Dec 6% Oct * — • Feb 11 Feb Dec 10c ? Bangs Low British Columbia Pulp common— Jan 38c 22c Apr 6.55 Feb ; 19c • of Prices . Sale Pries * * Brown Co common—— -i Preferred ——___100 Bruck Silk————* British Deo Nov ; 2.95 Oct Sales/ Week's - Last- . 1 7 49 Jun; 16% May . -r i.7 Jan 93c Apr 39% May ^ Sep 40? Oct 13c Exchange-Curb Section Par 24%c Apr 8c 7 7,000 P 775 : -•777Canadian Font* - ; 10% Sep Jan 40 Nov 105 43c - ; Jan ? 7%c Sep - May 20c 9% Jan 41c ;21% Alay 17% Jan Sep 25c 7 7 30o 1 Apr 23% Jan 155 ,, 2,000 Sep 94% Jan 7 10 12,800 ^ July oi 1.27ci.au 22c 3.25 Mines 11 12 12 3.25 Mines 1.25 Feb 22c ,0 15C 3.15 19c Gold 1.17 Dec j* ^ 32c^j4c U A -7 11,567 8.75 —.100 July *2 2*■ 12 32 Jan1 14% 99% Preferred Mar - 2°c 32c 9% 2.30 .... 69c : -- 1 145c : Jan ' Deo 40% 110 6c 27 preferred 50c 15 56c —— Rhawtcev 5% 50%c * com 8TOC K 8 J% 7% 200 11020 "» 12% May Dec 19 ; 90 4.30 '.71? 29 c - Consolidated— 2.15 14 ■ 8% 240 Jan 36 July : 20 -- 20 46%' 160c 7 Nov 235 — —* —— 31 • 18c 20 %C Ltd. 80c . Mines Sarnia Jan 1.80 Jan July «>,'l4c Oct1 40-' 7 26% Jan 7 wqtsey-Coghlan Mines 7.70 Mar Dec 1.42 11 605 14 ; 31. 45 1 Grocers new Westons 1.95 Jan 76c 9% Nov 50c .47c 3.75 39c 105 % May ; 4,232 2.20 ,r7■ 7;P:"' 12% - 85c 1,008 17C 8% wrleht Hargreaves Aug Sep 28 2324% 12% 1 8% 65c Apr 47% Dec 14 7: Apr Feb 103 • 1,000 2,520 New. 'class ■ A——— ; 4.95 Jan 3.10 Oct 24c 10,100 5,000 12% — 8% 7;r'I.'.,*' ;7 9.50 Jun 11c common———* Ltd ■ —————..——I Western Nov J'lJO ^j-OOO 14,800 - 72c Gold Mines 10 Jan US Sep '■1"14c7 Oct 6,050 6c 55 01/ 64c Gold • Oct 36 guiy 2.40 Feb 7 7 2,900 5% Wekusko 9% Feb 7 2.70 July 32c35%c — 30 95c 98% c Wasa Lake Gold Mines. 81 7 Jun < Dec 12 64c 100 —1 22c 255 • 25 1.18 Nov 1,500 May 1.23 May July 15% Deo 11% 7 18c 5.35 Feb 80c 1.06 Feb 1.00 July Hfn 5,200 14 45c 7% Aug '12% Sep 3.05 July Oct \ 100 104 54% Aug 7. Dec 125 1.21 23c 47%' 104 Sep 37c f ' 11% 0 Feb 42% ,«c 24% 71.21 23c, Westeel Products ———,————• Oct 12c /?c -* 16 19 Walte-Amulet Feb 10c 48?' 2,840 6,700H 2,300 . 50c . 5> 100 1 St Lawrence Corp common St Lawrence Paper preferred--, Sand ' 47c 15% "R ; Villbona , Feb 11c 32c -m lfl Oil Lake Russell San -- 7 16 Vicour Mines Jan 11c Merger Gold Mines—————! } Rush , ———1 ——— I — 3.35 40c Steel Feb 30 Va Robinson 11% 16c Apr. 22 41 325 12 7 41c 7 Corp class A locc United 2.85 Jan 46c . 19,000 26C34 /2C 42% * 120 40c —100 Nov ' 22 37% May 7 52% July 5% Oct " 47 ol>748 31c 8 ——————-———-—1-'.: ;::;;4.10JFeh: 30 v — 15 20,534 11°' — 2.15 July: 22 ' Feb 3.25 71.09 Mar 203 18c Finance Asbestos Corp 1——I : 2,950 Jun 24c • Oct* 26 3.25 3.25 * 7 J.800 1-17 20c — Ofcfc7 July' 8C 1.50 25c 53% 12 :7 11%7 3 79'999 20 A P»g»«nurt Gold—————1 Renfrew- Textiles——— • 1,500 Apr ' % 40c Feb 7 4*45 Jan ■ 7 1 23c b^o 70 80c ■■ 95 July 7-^7: - 8,670' 17,500 2.50 P 92% July 2.05 Nov '• 53 ————100 Jan 105 78c . 13c ; 26 :—-——50' Ventures, Ltd. Feb 29c 10% 1-57 19% Quebec Manitou ——1 ———-1 Queenston Gold Mines-——.i Sep 1,000 2.35 ' Yellorex 3.65 1-13. . Sep : 77 7 30,310 9%C common-———— * . Quebec Gold 16% Nov 73 110 • -7 2.35 -20% July 55 45 " 25c 30%c ;,,,,., ,■■1' 12% Jun 1.50 Apr Jan Nov 70 ln1 |8c — 17 85 .rn 50c 7 :p; 78 7 ' 9c Upper Canada Mines May 35c 49c 12 /4 . —18? 10 13 common—— Gold 7 ; 9_/® -- Sep 1 OCt ;7 2.10 —i 10% May 24 May 9% May Sep ? 68c 17c Oils. , Aug 4%c Nov 00O 17, 50c 50 — ——1" ——— f i — 5% 10% 2.25 Class B 1.65 Jan Sep 9c 4 1.10 r 8%c Aug 10c July 12,100 -27c -- —-—i--l-;; —100 —————— East Dome Purdy Mica Purity Flour -I'll 2"5 Consol United ' / Porcupine Peninsula , — 130 18o Dec Nov 28 , —. 5 /s — ... Pioneer Gold Mines of B C—„ Premier J? 10 50 8,250 Jun 105 ; 17% NOV ' Mines United Fuel class "A". May 95c July 54c ^ -jP® Jan 11 17c i 6 2.59 Feb Oct 45c 3.9 _ 27c 29 /2c 27c Pickle-Crow Gold Mines—1 ? 49c — 50 2.10 * Mining United 7/-• '.'-A Jan 86c July 53c 7c 20c 9c Inlet Union 26% Jun Oct. July '40c 500 1^45 10_y^ 17c — Pen-key Gold Mines—:—————1 Peoples Credit Secur_;:::_———* Perron 1.35 1 .7 5% Oct :* Feb 6'450 30% 31% - , ' a. 16% Feb Dec 8 100 .... ; Union Gas Co—, Jan 20 i 40,975 .. 1.50 Feb , /.•''.vf 17 77 77 85 Towagmac Feb 45c 83c i'v i—• common ; • 95 375 5% 7 76c iTanscomiiieacal Resources ———♦ Jan 17c 7c — 84c —1'' -j.————-"1 Jan Apr 7 1.55 Jan 83 c , P7 11 76c. '' 6 19 5% - 1 ■—125' „■ Cons Traders Wx' -Z1 Pacalta ————.*; — 625 ' , 101 7- 18% oi- Canada Toronto Apr Nov 15c 4*500 4,500 ; 8% 6 Toronto Iron Works class A-i.^-;^.——• Jan 35c ° ^ 60c 53c 1.40 1.12 Jan .7.23 \£%; july; 1.53 8,9 ^ „.v17 . 8 Toburn Nov 700 ia 56c60y2C 1.52 1.64 56c 1-56 ' Nov ■Tombill 1.40 Feb 9% Apr 44c 3,0 0 , 20 JO - * common 19c 15%c 15 /ac 13c 15c Oct Nov 42c 3§'I92 1.500 ]0c | Dec 5% 40c 18c 19c ———V —— Lake 67c 38c — . Steel 69 %c . * O'Leary Omega Gold Mines orange Crush Grenada Gold July 60c — July 63c r = 35c / ooo 6,700 Tip Top Tailors. Jan * 2,200 67C Thurhois Mines Apr 8c ———1 95c Thompson-Lund Mark Gold Mlaes Jan 13c 30c 8%c common——J—1- 90c — Teck-Hughes Mar i 1 12c 81%o Sep 16% Nov 100% Preferred 7 2.24 May —• '——_—1 ————- Rouyn Mines Osulake 10C 300 Taylor Pearson & Carson common——* 1.05 Mar 1.68 17% VZi'-y>--r 72% Jan 4,800 lie Co Tamblyn Feb 410 1,055 50c 1.71' — Star Oil Osisko 5.65 2.25 1 50c ' Dec 4,900 100 7-- ■ Preferred, Apr 49/2 ' O'Brien Gold Mines— , 30c f 48 46c * 9,150 39c —— Sylvanlte Gold Mines— Jan 46c 2.10 Northern Canada—* Ontario 2.05 Surf . Northland . Oct 9c May 36% Jun July 108 101% Jan 55c ;■ Apr 30c 15 %c July 2,500 ' 40 Jan 24 • 40 38c Sudbury Contact ——————t May 2.10 North Inca Norzone ®%c - 29,700 2Qc lie • Preferred Sullivan 1.40 NOV 33c ^.1 Norbeni&e" Malartic Mines Norgold North 16c 305 50c Bteep Rock iron Mines Dec ——49% Noranda Mines Norseman 62c Dec 18c " 105 50c Steeloy Mining Corp—,——.— 3.25 Mar. Jan 8% Oct 18% Jun Mar 27% Jan 17% . 30% Apr Nov 1.30 ?7'29? 11,251 13c 1.35 ,1 Nicholson 9% Jan 1.50 vMay 5 13% July 22% Sep 1.85 290 27% common. 30% Apr Oct 6% July 23% 26% 104% common——i—* —— ' ' Oct 11% 23% — Bidlamaque —»-l —— 28 70 r,® 10" :77K7'40-7- ■ 14% Oct 17% 23% • Steel ■ :: 215 26% Stedman —.———--L——i——1* Feb 9»4°9. If 62c KSep :7 713% July1 iTuly 777 6%-Aug -* Starratt Olson Co May 14 Mines i-————— Yellowknife .81 23c 29 ■ 5% 1 Stanley Brock class "A"-— .. 30c 9% 30 104% 1 Standard Radio class A Feb 91c 25% Feb May ,22 Sep 9 16% 30 ' Nov 11 63c Paving ^Preferred ' (: Sep — .mca caiumet Mines— Newnorth Gold Mines———————— Nib 46%c Sep 18% July 29c . National Preferred Standard 22% Aug 11 y2 Mar 18%c * 359 —.—* Sturgeon , Oct 2lc / B 21% Oct 65 683 6% - July 43c 85,000 • 11% —*- — Btandard Chemical 12% Jan 14% Oct 455 • 12 11 8tadacona Mines 29c 5 Springer Jan 6.65 July Oct 15% 47c 200 • . 12 3% Oct 19% 67 /4 - Class : Mar 12 1.700 3-8/a Preferred J 20 29 National Hosiery class A—12 . 17c 6,450 44c 44c? 295 7> 6% 16% Slscoe Gold Mines—— Bladen Malartic Mines Southam Co— loo '• 7 — Class B ——————* Preferred —100 Sep 5c * 45c • 22 - — National Drug & Chemical preferred National Grocers common.,—. 18 - common—————* ; '.Kosher Long Lac— 1 Mylamaque Mines ——1 1 High .P/-' 3.65 Jan p 7 15% May Jdly-^ 4-15% May "1.66 Jan^ 34,376 7 13% 13 13 13: 77 13 . Miller. Dec July - 40 . ■ ?0 ,/a 65/8 18 . Baagw Blnee January X Low 2.20 13% 13% : — • 1.70 Mar 75o Apr 36c Feb ' 2% Oct -3'29^ -56c 57% c 560 -x . 13 — Sllverwood's Dairies class A Class B 76% Jan ;; , »u 9-60 13 * Shares 7 High 2.00 2.05 Preferred 7p: 19% 20 /4 16% .17.% — Oct 25c ,18,335 rv:'-"0 - xoto common^.;—f 7 1J%7 ; new5 Simpsons Ltd class A— July 15c isson 15,500 4 3 — Knitting common 100 Monet* Porcupine Montreal Light Heat & Power—;—* Montreal Locomotive, Corn 8,050 7%c 6C ■> "103 % Nov 46%" Sep 80c 171»^* 3,100 ■ . Jun 26% Jan ; Silver 20% July 12% July ; NOV 17 9-50 -100 Sep 16 V* New vtc ,21 Apr 35% Jan Nov 102 y2 0 'rS , bick's Brew 10 110 17c -vo Monarch . •: Jan 17% Oct on . 50c 15c 3% I* common —— . 32c : V Containers Moore *£> 395 " Feb 45c 25 395 20 5Vit 83 Ac a-,vl 80c 6%c - ■_•••• Class w 51c Dec 12%, Nov -- Brick Modern o'—* Dec Sherrltt-Gordon Gold• Mines—:;l '. 9c Jf. iJv 42c 16% . • Mercury Mills Milton > .. 20c 26,100 preferred;:^-—w-^^-100r?rv->-;.vl02%.: 103 Mclntyre Porcupine Mines High LOW sf Prices " Hif -JJJ? 10/* 23/4 24 , , Sals Fries Bangs Sines lannary 1 ; 23o '28% Sales Week's Bangs 7 for Week Friday Last Shares PuLtf -;f— —* * Frontenac Oilcommon, *cw)u STOCKS for Week 20c -il; ---* Pxy-pjP} 6 Sales Range sf Prices 20c ?;•: *- common 7 ■•'■•.■ Prloe 77'-:^Lov»; High 7 Rdartf.o-McNeely Mines McBrine Week's /,7*;777;:7'7>.. Last . DEC.; WEEK ENDING i ' 200 225 3,100 7 ■ 2.13 Sep 22c Jun 9c Oct Jan Apr 27% May 5.00 : Feb 31c Jun 33c Feb w—MMMWMWllWiiWeMbltai^ Volume '{J))#/ [tf, 'yV y nr '■[•AvY.-irW *:> j 5 unux: %yr THE COMMERCIAL & FINANCIAL CHRONICLE Number;4549 164 '5 , OVER-tHE-COUNTER MARKETS ',... Quotations for Friday, Dec. 6 *■♦ Investing; Companies Bid Far Funds- : 6.28 4.79 _1 3.90 & Bond Inv of Tr 8 21.90 Broad Street Invest Co Inc—<— V 17.67 Fund Boston Inc 1 Ltd Fund Bullock Investors Mutual 19.00 17.34 , Investors Mass 19.10 Inv Fund 1 25.33 National Investors Corp 100 Preferred 14.173; 15121-' National Security Series— 2,860 5.84 18.77 i> 20.29, Commonwealth Invest—...... —1 7.07 series Fund Fund—— Stock 14.95 1.89 14.37 5.92 8.84. 6.22 •:« 10.42 ——-• 11.38 6.71 6.81 Insurance 9.25 Machinery 6.47 —— 7.12 Diversified 9.25 10.17 .10.76 11.82 — 8.30 Public bond shares Industrial Machinery sharesInstitutional bond shares— 8.00 8.79 Railroad Investing 8.13 9.13 12.93 6.04 6.65 5.56 Oils 8.25 , v, General 9.86 6.13 8.94 Price Shares——. 6.98 9.21 ——.« equipments 10.12 8.07 7.33 . 8.66 7.87 ' Tobacco 114.8 12.29 ; 7.68 Merchandise shares— — Steel 10.35 i Utility Railroad 7.39 6.72 Low Mining shares 5.03 6.36 7.00 shares— 2.61 Railroad Bond shares RR 2.89 4.30 Equipment shares. ■ 4,74 ; •: 30 1 15.08 : 16.22 1 3.50 & .. 5.03 5.54 Bcudder, Stevens Si Clark Fund, Inc 4.54 5.00 Selected Amer Shares 4.67 shares— 5.14 Income 5.39 shares- 104.79 12.61 13.65 6.45. Foundation Fund Common y. — Sovereign Investors Standard Utilities 5.93 80C 60C, Corp. 1.71/ 1.76 24.02 Union •V 25.83 Bond Shares Fund series A Institutional .' 88c 25o 10.31:- — 89c Bank Group shares. C 4 13.68 of America—.10 —I 31.84 97C insurance Group shares Investment Co 14.20 Investors Fund O 21.07 , 7.14 8.10 Keystone CustcMan Series 1 122.26 20.07- ; >18.39 27.80 ' —- Series B-2 25.43 17.26 Series Series 1955 v 93 , 53 ' Aetna Companies ' Par 26% .10 46*4 Homestead 73 Insur Co of North America Fire American 30% ■ 5 360 375 :—10 44 46 Chemical Bank & Trust—-10 15 44*4 Merchant Fire Assur 10% American Re-Insurance 46 Va ' 30 National American Reserve 10 16% National Fire Surety 28 57% National 10 37*4 National Union 5% New Brunswick ''i"''r :: .vJ, • -!vv- v* Merch New - Baltimore American——2 *4 Bankers St Shippers Boston 28 60 10 St Mfrs Fire N Y 60*4 Casualty 21 18% Casualty Connecticut General Life. ..10 100 12*4 National City 10 24 ::S, 6*4 : 150 27% 2 ' • 29% ,49 -••>• >26 51%h r 11% -20*/a' .12% > 22 *A c 67 8 5%. i >6% , Continental Casualty Crum & Forster Inc_ 5 45% -JO Pacific 29 12.50 Fire Pacific 28 -10 v> 65 -10 ..20 161 .10 >■• 51 Newark..- Fire General Reinsurance Corp.- .10' Reinsurance . Republic ' Corp (NY). j . Globe & Republic Si . ; ,t. 8a •; n 11% 35 32*4 1 x-z>'r6% 5 26*4 29*4 10 .22 12% ,62 65 Seaboard Surety 10 48 / 51 10 32 Security New Havsn 18 47 Springfield Fire & Marine 25 Standard Accident———10 29% > T 24 . '- •, jw: , 108 -y\r 142%" 26% v " 29 *A 7% ' 15 Travelers 19*4 88 m U S 25% , .^-'——--^---—-100'. 590- U S Fire Fidelity & Guaranty Co—2 : 4 410 24 U S Guarantee -10 Fire / 10 Fire -8 <?_B Rutgers Fire com„ 52 ... . 9% —J (Texas) (Paul) 10 Gibraltar F»re & Marine Glens Falls Fire 84 10 — •/> 97 47 :,V"; 19*4 of 49 8 Providence-Washington ; , ' 10 Preferred Accident. : 78 92 10 Indemnity Co. Phoenix Employees GroupJi Employers Reinsurance 73 28 —8 93% Westchester Fire 605 44% 10 47*4 ' 30*/a 83 >/X 33 77 .—2.80 -v '46% 44*4 ' > V 37*4 Asi Bid 205 200 Bank 264 43'4 98 270 45*4 101 Nat'l Bank & Trust-17% 44 46 Sterling National 25 Title Guarantee ds Trust..>._12 United States Trust 100 67 13 72 14*4 Public 26 10 40*4 100 1,590 55 V* 98 / 735 765 Recent Security Issues Par Bid Ask 2%s_—1975 99% 100% 2%s__1966 101*4 Light 2%S_1975 ioo *4 Ask Bid Pat Sioux City Gas & El Bonds-* American Airlines 3s - .1966; .1976 Calif Elec Power 3s_. El Paso Electric 2 %s - 1976 1965 991/2 Preferred Stocks— 101*4 100*4 Central Maine Monongahela Ohio Public 1975 Service 2%s 100.2 A 99 ' iy4s Apr. 15, 100.6 ?•; : 99.22 99.4 > 99.26 102.26 Home Loan 104 104*4 100*A 100% Pennsylvania .1976 99 Ya 100 */2 Public Serv Power 103 :•}/ Other Ruppert (Jacob) 4*4% Electric 3.35% 100 Va 100% 101 Philadelphia El Pow 2%s_. .1975 100*A 100% Scranton Spring Brook 3'As. ,1976 97*4 98*4 .1975 100% Gas & Coke Public Serv (Okla) 2%s 99.28 ; Willys Overland U S Conversion 3s Panama Canal Ss 1961 126*4 Quotations Fof jll, Si^ Treasury Notes Dec. of 100.3 100.14 100.15 1947 iy4% 100.8 100.9 1'/2% 100.23 100.24 t%s March 1, t%s April 1, 1947_ 1946 .0082 Jan. 16, .0047 ; 99 100 101 • 4%% 1947 a .0197 .0213 e Odd lot sales, b Yield price, .0157 .0285 .0093 ; .0239 Uver2F0rmer1ydAlfred'Decker .0109 .0270 1946, .0126 .0304 - Jan. 0.35% Jan. ' ;Feb. Feb. /Feb. 20, :> Feb. 27, 0.34% .0143 .0194 v .0337 c 0.35% 0.35% .375 0.35% .375 0.35% b0.375 & Cohn and common stock split on a •No par dividend. tin default. value, > •/.' * — 0.35% Mar,.6, 1947 a Deferred delivery, e Ex-interes>. f Flat price k Removed to Stock Exchange, r Canadian market, s Cash Ex-stock dividend. (Un) Unlisted Issue, w d When de- Cash Bare, Formerly Club Aluminum Utensil Co. Included in range for year, t .0081 f7/aS Dec. 1, 1947 0.34% sale—not t%s Sept. t7/es Oct. 1947 1, 1947 t%s Nov. 1, 1947 1 • b0.375'i0.33% .0142 .0118 1, Ask b0.375 Bit for discount at purchase b0.375: <0.28% bO.375^0.33% b0.375 0.33% b0.375 t7/sS July 1, 1947 t7/8s Aug. 1, 1947 J 98 .0091 .0135 *%s June 1. 1947 — 1947 Jan. 9. .0097 _ 1947 " 1947 Jan. 2, - .0032 t7/as Jan. 1, 1947 f/es Feb. 1, 1947 1948 1946 Ask Bid Indebtedness— 100.2 19, are < 1946 Dec. 26, Dollar Price 100 Pins Maturity— Certificates 1%% 1%% 12, Dec. Figures after decimal point represent one or more 32ds of a point ,1.1 107 96 ;;1: 128 Bid A§k 98 104 99.31 'Treasury hina— < 103 102 100.3 1947 Rates quoted Bid 101*4" Jssuee United Slates Treasury Int. Bate 100 Sioux City G & E 3.90% Union Oil (Cal) $3 75 101 / 110*4 96*4 4.10% 101% 100 2%s_ .1976 Brook ' 101% 109 ICO 3cranton 2%s 90 • 101% Electric 3.70% 3.50% (Ind) 100*A Scranton-Spg 1948 88 3.50% Power 4.40%—100 Service 3.90% .1981 Portland Banks— Par General Motors 3%% 'i 102 */2 .1975 2%s Power Public 100*/4 1031/4 ■; 101 99% 98*4 100*4 99 101*41, 1976 99*4 100 Lt 3*4s— & Utah Pow & Lt 2%s 104 102 7/8 .1976 Iowa Pub Serv 2%s Power Transm Yonkers El Lt Si Pow 2%s—1976 100*4 99 Gas & Texas 103% 103 *A .1961 Illinois Power Co 2%s 83*4 103 *A .1970 Gatineau Power 3s & 2%s Tenn 85 1976;, IOO Kans Okla & Gulf Ry 3%s. 1980 1.650 Federal 1, 51 5% 8 St Paul Fire & Marine 190 New York Trust——-..25 Federal Land Bank Bonds— 15 49 2.50 11% Obligations Of Governmental Agencies tSept 26%-* 140 10 Pennsylvania Electric 2%s_. .1976 tSept. 15, /: ' —10 Northern Pacific Gas & Elec 1947 • 2 ~ Northeastern ..10 Ohio 15. V 6% 5*A 24% 20 River ...8 Montana tSept. 25 */2 : , 10 — Fire Amsterdam City of New York Monongahela Power 3s Maturity— - 88*4 (Detroit)—10 Liberty Camden Fire Laclede Gas fMarch 15, 1947 11% 84 23 4 New Hampshire I Ire New York Fire. North , 20 Va 53 *4 93 / 23 50 1950-1948 1952-1950— 1 VaB Jan. 1, 1953-1951 2%s Feb. 1, 1955-1953 9% . __8 —8 jJ-U Trust 41% 39% 18% Exchange Bank & Trust-20 I, 35 16% ' .10 Irving, Trust Kings County Trust Morgan (J P) & Co Inc 20 Continental Bank & Trust—10 May 95 32 Massacnusetts .••> American Fidelity & Casualty.# American of Newark 2% 100 339 348 10 17% 18% 100 1,770 1,820 Lawyers Trust i-HJJL—25 49 52 Manufacturers Trust Co 20 57% 59% Guaranty Commercial National Bank & iy4s 15% 91'4 Maryland Casualty———'——I / Bonding.——12% 10% 8 Casualty American Equitable Firemen's : 14*/4 10 18*4 4 Automobile American r 10 Jersey Insurance of N Y—.20 American Alliance—--—.—10 2.81 . ' Ask 42 24*4 Revere 2.84' Bid 39 B 94% ,^0,^4.^.. Fulton Trust ..—lOo Grace National100 : 100 126 * 131 Central Hanover Bank & Trust 20 102 105 Chase National Bank 15 138*4 1 40*4 ,l%s Oct 33 "> 31 Fireman's Fd of San Fran... .10 3.32 Par 29% Brooklyn Trust Fiduciary Trust First National Bank 13% 12% >■■■■ "j"v' : .28 Life Agricultural Franklin -—-1 . U 8 El Lt, St Pwr Shares 1 Ask Bank of New York..—,^,—100 Empire Trust Federation Bank & Trust Preferred Giiy Banks & Trust Cos. Bid 28 Ye Par Bank of the Manhattan Coi.^.10 Corn St Louis Si San Francisco com— Home 10 Hartford . 18 48*4 ' 51 v; Aetna Hanover Trust Co 16 Hartford Steamboller Inspect.-iQ 15 preferred —• Great American————. 4-8 ; , v.. 84*4 2nd Bankers Trust ' Bid Aetna Casual & Surety. Globe New York 64 Grande com 2.49, 1 — Series 1956™ 10.18. 32.:, 60 46 Rio 7.40 ' 9.28'J 91 5t & 6.45:1 • Independence Trust Shares^ Amer Trust shares— 18.90 B-4 / North 27.88 B-3 ' 28 Preferred Insurance Fire Assn of Phila 2.80 D '29.12 ft;Berles 1st 50-year 4s_— • Income 75-year 4%s—w-—Uk Fidelity & Deposit of MA / Diversified Trustee Shares— Funde—/ ' B-l Denver r 8.86 5 v- Stpck Fund— y 20.36 Unit Typ© Trusts— 14.53 ; 91 Federal 14.99 29.29 98c> :> 23.18 11.08 Stock and Bond Group shares. 55,50 6.53 Welllngtou Fund *'• 99C - 89 , 80c -y 19.27 B— Union Preferred 11.30 . 22.48 Union Common Stock Fund Securities Ltd— Aviation Group shares i Series Series B Incorporated Investors 7.06 73c ,;n: 52.50- Trusteed Industry Inc lOo _1993 1st 3-48 income • -100 preferred 59 Bt /Louis & San Francisco— v* 102.71 State Street Investment Corp— Utllltv Huron Holding 5% 57 •>; Common \ 2018 1 — Chicago Rock Island As Pacific- 85 Grande— 4'4s Automobile Tobacco shares. stock 3.84 Pomeroy Steel shares— Railroad , •/ American 20 Trading Putnam (Geo) Fund Republic Invest Fund 3choellkopf Hutton and Petroleum 5.54 Petroleum Rio Income ; 10.10 11.77 5.88 7.50', shares— Denver & 8.27 9.19 10.82 5.34 Administered 82 107 10.24 7.52 stock Merchandising 9.85 Electrical Equipment—-—— Food shares — Fully >/> Stocks 104 4%S—2019 Income Ask . 1994 12.71 Speculative Electrical equipment—.„.***• 8.42 Building shares. Chemical shares . 12.52 11.57 7.50 6.19 — j ... > 13.28 , 9.31 6.10 shares 1 10.04 12.09 6.82 — i 11.45 Equipment Business - V , , 9.72 ■, ! 9.13 . — Bid I % 7.0V Diversified Investment Fund- shares Aviation 10.14 6.37 Building suDply 45.94 Conv ; 9.22 stock Bank 6.58 v 1st 4S-— 6.37 .15.87 ' - — 15.75 5.71i 42.62 '• 4.13 15.17 Chemical Automobile 5 1 Automobile 6.28 ■: Group Securities— Agricultural shares >> Agriculture 7 4.09'/ 5. 5.74 series New York Stocks In©— 2.08 ' (When, as and If issued) :::0000,;¥a.r-' — 8.62 - 3.71 . England Fund—— New 38*4 5.62 Corp——.—* General Investors Trust 1 n-r, a 26.93 35 y2 General Capital Stock 15.99 25.03 — Fund Inc— Financial Industrial Fund, IncFlrst Boston Corp —-10 First Mutual Trust Fund 8 Fundamental Investors Inc 2 Fundamental Trust shares A..2 Fidelity ' Bell Teletypo NY 1-953 Chicago Rock Island Ae Pacific— ;; 4.30 f 3.68 Speculative series 26.07 24.39 Balanced t 7.81 "7.64 3.80 Selected series Eaton & Howard— - 7.18 '■ 6.94 Preferred stock series 1.60 1.45 Dividend Shares. priced bond series Low priced stock common Low Bonds ./ 5.30 6.42 „ ' 1 Fund Delaware ' ' -V. •. '7.77, >4.79 stock J ' Reorganization Rails 11.05 ±1 % series Industrial 6.35 10.22 1 series Income 154 149 > 15.05 13.77 —————— 15.50 Securities com—100 2,760 ♦. *,• v DIgby 4-4950 *>>> 32.40 Bond A. Ay- 12.15" l-"f?11.30 10 Inc Securities— shares v , 27.24 Fund 14.33 1 Fund— Christiana Balanced 5.00 2d "V:]:]; ;40 Exchangw Placa, New York 5y N. • Tel: 8.81 :- 30.13 Century Shares Trust Chemical I 4.30 Ltd. 50.70 "* jr8.01 Trust Fund Invest Nation-Wide Canadian =r.c Exchange ~i, Exchange Members New York Curb 5.09 5.81 • i&tlGc Mass ,23.55 j, Bond Fund Inp—.. Common Co. & Members New York Stock 12.54 ' ———5.24 " Sayles Mutual Fund—_• ,110.05 Second Fund-,-10 v.49.695'; Manhattan 102.84 98.73 America 15.64 4.59 .. Shaskan 28.18' Loomis Sayles 5% v > a Fund- 5' 22.21'" - ,11.39 - , 8-4 61/4; 4% 1 Co Loomis 17.03 / 5%; .-1 S-3— / Series Knickerbocker 8.37 15.67 — Series ji 11.46 14.22 — f 2044 Am:—-.iAi 25.67./ S-2——————————————... Quotations on Real Estate Bonds , 1 20.21- -N r.n_r, , Series /V 8% " 7% 7.74 Beneficial Corp—.,— Blair v (Confab#*..-18j56'V K-U Series 4.27 10.56 Axe-Houghton Fund IncT Axe-Houghton Fund B_ For Ask J,?ari . Series S-l— 341/2 32ya,. Foreign Investing. 10c Standard OIL shares— American Assoc'ted Series 6.90 4.38 -1%1 10, Amerex Holding Corp—*— Affiliated Fund Inc. American Business Shares I. Keystone Custodian Funds i ,t:i> —1 Aeronautical Securities. Ask Inc.: name changed to Society Brand 3-for-l basis. tThese bonds are - .;'>,/ ./ •>' Clothes July 29 . subject to all Federal taxes. lEx-lwuldating ■ THE COMMERCIAL 2994 FINANCIAL CHRONICLE: : . 7& ■ Monday, December 9, 1946 Week Ended Nov. THE COURSE OF BANK CLEARINGS 1946 1945 30 inc. or this week will clearings show decrease compared with a a stands • •• '. ? < , '■■■■■■■; io.k-ill V?,•;V-; " "U. 1946 Week Ended Dec. 7— 1,555,797,834 540,141,012 '708,000,000 723,000,000 1 PhiladelphiaI • t : . City_. ■ • _ \, - ."•> '• 212,762,035 213,097,349 Baltimore 162,407,716 ii;il70,188,097 Reserve i* 6.6 — '4.6 — West we Nov. For that week there was 30. 7.9 —11.4 the bank clearings at this center has to be estimated, against $13,393,Outside of this city there was a gain of 0.4%, having recorded a decrease of 27.7%. iuiii in the New York District (including this city) the totals loss of 27.1%, in the Boston Reserve District of 15.2% and in the Philadel¬ a In the Richmond Reserve District the totals are phia Reserve District of 3.4%. 8.4% but in the Cleveland Reserve District the totals are smaller by i mi • iii • In the Kansas City Reserve District Minneapolis Reserve District of 9.8%. in the gain of 13.1%, in the Dallas Reserve District of 1.7% and .in the the totals show a San Francisco Reserve ' Federal Reserve SUMMARY OF BANK CLEARINGS Week Ended Nov. 30— v $ )Z; ' v-5 -' —15.2 —27.1 723,049,930 «• 12 — 748,839,586 3.4 ««•* 10 3d Philadelphia 4th Cleveland 7 5th Richmond «« 6 611,522,350 44 j"'* 314,010,917 : + 342,985,099 618,470,964 6th Atlanta 7th Chicago 17 4 Louis-,- 8th St. i:l. 9th Minneapolis 10th Kansas 10 City 6 11th Dallas 10 Francisco 12th San 44:. '.V ' ' 366,150,670: 44 638,832,885 ; 155,060,734 50,635,103 44 373,097,325;:; '(i , — 5,385,814,690 828,202,909 674,476,654 1.1; 724,246,122 631,231,143 8.4 387,280,558 Seventh Grand 10,574,888 111 cities 7.9 421,778,180 8.4 292,507,587 — 1.4 41,449,557 8,170,839 ' 14,137,717; + 26.0 45,039,315 + 11.5 145,300,000 141,000,000 + 5.1 3,020,011 2,142,406 2,289,132 + 7.5 1,883,143 : 1.2 48,021,002 1.9 63,165,879 + 18.5 5,002,639 — 68,128,756 — 3,974,319 325,797 + 22.2 266,566 101,519,734 94,393,493 483,758,215 282,499 86,935,620 + 421,778,180 + 64.8 + 2.8 791,246,377 914,832 6,574,098 4,816,860 Arbor. 917,765 557,028 ; 7,301,162 6,775,040 n Rapids 4,258,362 7.8 + 1,040,692 + 306.9 Wayne- 4,357,550 3.403.641 + 28.0 39,532,000 3,940,373 35,225,000 + 12.2 1 2,852,823 + 38.1 Haute 11,288,608 39,784,375 Iowa—Cedar Rapids Des Moines 21,184,745 8,908,297 3,045,153 $ Sioux City Illinois—Bloomington 3,685,736 3,055,268 36,019,000 30,954,000 '• 3,918,085 4,917,806 8.2 10,939,128 7,400,903 40,121,911 31,426,814 — 2.107.642 18,125,955 8,900,967 ■ 36,810,729 • 2.052.847 + •8,1 12,293,491 Wisconsin—Milwaukee 663,738 5,502,484 + 44.5 2,152,175 2,287,507 + 16.9 17,013,587 14,068,582 0.1 6,561,085 — + 7,294,558 987,235 977,984 + 0.9 #^687,296 589,667 598,249,000 594,312,626 + 0.7 640,807,245 2,321,770 2,342,655 0.9 2,612,215 498,171,282 1,823,709 ... Peoria 9,303,442 9,733,235 3,570,141 2,644,414 2,655,749 v--fry ■+■-+; cities)—^. 761,587,082 — 740,935,997 >: 4.4 + 8,958,506 5.8 + 5.510.848 2,768,847 + 34.4 — 2,807,410 2,431,519 2,720,771 2,636,119 2.8 791,246,377 621,687,651 0.5 219,500,000 183,000,000 3.8 78,680,324 67,730,236 if 46,183,999. + Eighth Federal Reserve Missouri—St. 4.5 361,918,498 9.8 241,121,517 215,909,292 + 13.1 313,607,907 District—St. Louis- 207,200,000 309,479,189 78,876,288 63,902,319 + 28.0 1,290,210 1,447,310 —10.9 62,651,708 1,086,466 366,150,670 350,325,917 4.5 '361,918,498 + 21.8 4,373,861 154.853,568 ■: Tennessee—Memphis Illinois—Quincy Total 206,100,000 75,885,906 81,774,554 - Kentucky—Louisville 298,174,235 + Louis : (4 cities). + — + 1,260,000.) 298,174,235 Ninth Federal Reserve District—MinneapolisMinnesota—Duluth 6,368,231 —; Paul__ 5,226,815 186,773,063 167,727,137 61,538,598 Minneapolis St. 59,176,556 — 188,997,909 + 1.7 159,620,334 139,980,679 North Dakota—Fargo 588,734,943 + 1.7 615,977,935 502,136,893 South Dakota—Aberdeen 5,444.483 - 13,393,754,063 5,303,029,445 —16.6 13,619,784,416 9,856,279,499 0.4 5,712,823,131 4,689,381,123 + y Total 4,459,661. 144,310,752 1 67,390,861 4,873,869 + 12.1 + 26.6 £ 1,776,575 2,778,315 ' + 20.2 2,243,172 1,691.901 5,609,611 5,244,267 3,625,967 1,529,879, 6,627,597 6,262,697 + 5.8 ? 272,479,418 (7 cities). 248,151,120 + 9.8 241,121,517.: 1946 " : ■'■ ' --" ■ ; 1945 $ ' Clearings at— Inc. r- 1944 or Nebraska—Fremont ' 1 ' Dec. % •;* f $ Vy? Portland 1,235,303 3,799,909 — -— .3,807,560 + 12.9 .829,914 954,193 0.2 5,106,633 —16.9 571,201,573 1,084,625 ++28.9 1,374,378 — 4,025,019 ' Fall River — — 366,668,074 . 441,450,900 1,397,676 — 622,151.;'? '' + 41.6 Bedford 1,843,329 5,575,626 3,842,770 18,526,095 y —— Springfield — Worcester Connecticut—Hartford New —————. Haven * 19,621,175 i Rhode, Island—Providence New 8,701,403 , , 20,286,500 Hampshire—Manchester—-. 989,357 740,386 + 12.9 ' New 346,408,364 • • 439,224 1,334,364 5,493,841 — — 1,506,426 4,231,627 Lowell Omaha 1,249,743 7,570,576 24,543,400 i 1,177,712 — 1.5 — 5.6 + 14.9 ? :;i 18,170,583 7,854,942 ?,? 4,940,322 Z;k 16,304,591 3,404,105 7,370,083 —17.3 21,448,400 16,339,600 6.1 1,258,883 960,407 + Total (12 cities) 433,878,214 y 511,683,235: —15^ 638,832,885 4,523,331 6,297,617 + 13.2 218,880,289 + 18.9 Joseph- Buffalo —10.1 39,925,338 33,806,890 1,651,193 + 28.7 1,628,835 1,605,958 58,392,244 « 59,798,686 2.4 67,164,955 65,121,000 — S 7,829,778 + 12.2 1,779,353 —17.6 1,276,063 + 12.5 1,041,412 +13.1 209,799,491 f 938,528 '313,607,907 373,097,325 Eleventh Federal Reserve District—Dallae— 1— Texas-^-Austin ' 6,807,055 • 7,407,633 794,802 928,952 • *3,31*8,430 155,153,000 Fort Worth Galveston ' ■, •' • 3,617,000 > . ' " 16,801,341 +16.8 % 3,013,000 +34.3 6,367,164 192,119,411 j *> 2,351,043 110,698,692 17,106,502; 3,022,000 8.2 + 3,098,000 1,673,109 . 5,801^67 1 188,997,909 . 4,126,830 127,694,000 - — 19,186,206 2,246,242 • +36.8 0.1 a 155,355,000 f 20,760,526 ■ „ Wichita Falls 309,479,189 Vt-V; ' 4,540,616 * Dallas 329,974,224. v • y:'' *■- Twelfth Federal Reserve District—San Francisco— 11,905,951 2,124,557 — 219,598,867 1,116,928 Total <10 cities) .. 10,705,402 *. 2,920,749 7,326,194 > . , 1,758,239 1,838,814 - 8.9 — 6,746,349 ; J 5,044,207 403,624,344 Federal Reserve District—New Fork—' Binghamton ' + 14.5 1,466,333 8,787,688 Colorado—Colorado Springs Pueblo Total (6 cities) New York—Albany 170,050,002 0.3 + 412,271 1 3,995,281 77,292,056 2,425,659 6,202,160 4,496,551 ' 422,966 3,432,975 ' ;v 260,321,900 City 1,629,616 v 5,446,610 +10.1 Missouri—Kansas St. 83,767,872 < 220,884 284,972 —10.6 7,210,380 5,121,935 Wichita Louisiana—Shreveport Second 215,909,292 143,577 3.9 — 5,097,552 4,559,259 83,982,724 9.4 + 312,032 *300,000 Lincoln Kansas—Topeka 1,394,769 210,337 230,178 Hastings 1943 • District—Boston— Maine—Bangor Massachusetts—Boston - Tenth Federal Reserve District—Kansas Citjwi Week Ended Nov. 30 , First Federal Reserve , detailed statement showing the figures for each city for the week ended Nov. 30 for four years: ; 55,046,865 2,122,520 3,339,488 Helena *. 4.0 4,857,080 2,687,958 —. + 11.4 + mm h 381,257,1421 . 621,687,651 + 5,321,989,623 We now add our ; Elmira 1,263,731 914,571 + 38.2 1,211,807 1,185,991 Jamestown 1,576,520 1,118,122 + 41.0 1,569,098 1,344,440 5,852,541,341 8,090,724,618 —27.7 7,906,961,285 5,166,898,376 14,652,522 12,501.188 +17.2 16,877,065 13,104,190 8,254,403 7,239,287 + 14.0 6,311,090 5,707,919 8,454,296 7,754,332 + 21.9 7,799,943 627,417 451,741 Washington—Seattle 65,862,288 —y ; Yakima 3,809,257 - Oregon—Portland 83,990,451 Utah—Salt Lake City y : r i.. V ■ . v r, . 3,429,428 « 83,354,773 139,980,679 159,620,334 • - ;.y *,.. 79,755,949 ■ 1.7 + i'. +'7.7 123,286,445 + 11.1. 2,941,597 0.8 + +14.3 44,061,938 38,539,677 7,955,770 7,808,396 + 1.9 6,530,391 347,380,000 6,016,306 + 85 96,120,296 33,116,505 8,775,166 5,384,540 330,224,000 8,866,177 . 80,297,000 3,135,488 69,100,264 34,129,947 7,307,719 New York Rochester Syracuse . Connecticut—Stamford New - ,, Jersey—Montclair 582,739 m——__ Northern New Jersey ;•••'•: Total (12 cities).. I ( i 488,299 43,530,654 —13.9 42,062,717 30,269,224' 4Q,205,913 Newark + 19.3 27,477,982 , 45,837,654 —12.3 44,011,644 '59,011,242 8,283,464,555 6,037,231,650 i '(•: \ I ' .it ■; . -i . (" , 5,070,116 '95,880,555 7.9 + f 44,329,119 * 56,115,986 i 322,319 7.5 + 448,139,128 , , 2,283,818 62,807,493 66,853,606 I 36,926,741 K 2,906.014 , 62,065,075 Indianapolis Terre 10,725,406 42,847,949 3,055,563 2,461,375 , South Bend 381,257,142 11,174,530,964 Outside New York City_ — 159,800,000 Montana—Billings Total 161,019,010 387,280,558:v 7.3 53,993,559 I 598,697,168 :■■ 2,191,939 178,200,000 Z 192,119,411 44 2,450,769 ■:( —22.4 65,273,396 6,619,000 77,931,853 219,733,446 63,952,427 1.7 + — 1,296,228 8,208,000 91,213,442 Federal Reserve District—Chicago- Lansing Indiana—Fort 292,507,587 + 329,974,224 > 342,985,099 1,722,474 7.3 1.9 — 167,275,406 4,708,618 Michigan—Ann 403,624,344 8,135,951,194: , 248,151,120 272,479,418 , 44 2,216,911 1943 350,325,917 ; + 26.3 — ,3,396,582 '-1'' Total (10 cities)... V:j •''/ 740,935,997 761,587,082 631,231,143 9,041,000 .2,437,596 -- Total (17, 448,139,128 483,758,215 44 II .724,246,122 97,578,971 314,010,917 Mississippi—Vicksburg ■ 10 1.1 + 18,887,000 v $ 511,683,235 : S • 2d New York— 269,664,763 1,419,744 . 8,378,000 95,705,722 >■: " Springfield- 1944 8,283,464,555 433,878,214 + • Dec. % 6,037,231,650 12 cities 1st Boston V- Inc. or 1946 , Federal Reserve Districts % 284,863,559 611,522,350 1,793,762 ~ _ Louisiana—New Orleans furnish a summary by Federal Reserve Districts: ;• 3,357,642 —11.1 240,638,488 ■'■Augusta■■•■■^ ■+"•+■ ■+■:„;,■ Decatur X-■: '7 3,834,617 — District—Richmond- Chicago ■ 24,875,200 £ 2,387,268 8.9 2,762,689 4,433,721 Mobile District 1.7%. we + 15.2 + 18.6 18,824,800 3,276,463 Rockford following 227,880,033 ip, Florida—Jacksonville Alabama—Birmingham •*; In the 103,837,539 252,865,983 Virginia—Huntington- Macon' larger by 1.1% 2.8%, in the St. Louis Reserve District of 4.5%' and totals show an improvement of 5,387,255 151,548,442 9.0 214,010,463 Mn am Nashville In the Chicago Reserve District the District by 7.9%. and in'the Atlanta Reserve 3,921,053 8.6 + 618,470,964 m Georgia—Atlanta We group from this it appears that record 8.9 + 4,038,479 i.uiwii Tennessee—Knoxvllle Federal Reserve Districts in which they are located and the .cities according to the 674,476,654 Sixth Federal Reserve District—Atlanta- weekij clearings for the whole country having amounted to $11,174,530,964 754,063 in the same week in 1945. ' 828,202,909 will appear decrease of 16.6%, the aggregate of a 5,433400 3.4 — 2,230,051 + >' Total (6 cities final and complete results of the weeks previous—the week able to give the are ended "10,4 5^300 +86.3 4,439,465 Carolina—Charleston-,. Maryland—r-Baltimore District of Columbia—Washington. detailed statement, however, which we present further below, in the elaborate —28.0 115,539,964 South We cannot furnish them today, in as much as the Accordingly, in the above the last day of the week in all cases v 1,473,332 1,825,473 224,883,223 „ - the Saturday figures are not available at time of going to press. ends Saturday and 1,559,476 2,634,544 1,871,699 i —28.9 4,835,263 Virginia—Norfolk -12.1 2,523,388,343 $13,950,618,500 $15,743,292,572 issue of next week. our 5+ 5.1 — » 3,491,737 ■f Fifth Complete and exact details for the week covered by the foregoing in 657,000,000 1,995,458 125,410,924 ■ +10.7 2,325,103,083 803,000,000 245,206,472 21,692,900 _ Total (7 cities). ivv/i'V.-i... 6.1 + —26.9 ' 2,508,311 3.4 District—Cleveland- Pennsylvania—Pittsburgh 5.9 + $11,625,515,417 $13,219,904,229 — • 723,049,930.748,839,586 Richmond Total all cities for week + 17.3 — 1,953,091 t7,071,136 . 5,764,016 1 Federal Mansfield 2,011,784,140 2,226,892,980 All cities, one day 1,019,992 1,798,206 8,107,400 t5,092,536 "":- S Youngstown $9,398,622,437 $11,208,120,089 — 1,767,628 3,638,476 y _ 2 Columbus 224,023,333 Total all cities, five days 1,677,724 • Cleveland + 24.3 198,817,326 cities, five days. 1,210,882 828,658 ,'*3,354,400 —31.7 ■SiO'3,277,098 ;v + 7.0 3,507,880 Ohio—Canton + 39.2 Cleveland Ten 1,220,451 v-;.,' ' _— Cincinnati 197,400,000 ■; Pittsburgh Other cities, five days '2,146,233 521,649 ,605,244 2.7 + 726,000,000 2,290,502 - 'j Total (10 cities) 2.1 182,643,349 254,208,756 >315,389,000 — y.-- —23.4 333,945,000 San Francisco . 645,347 701,000,000 + Jersey—Trenton Fourth 2.9 + — 496,816,489 380,547,755 245,400,000 St. Louis , , V ;. Boston J —22.3 $8,156,682,758 Chicago !•' ,V( 1 •; • .1945 + $6,335,474,717 New York Kansas York +34.3 888,650 » +18.3 , :&• 2,517,534 Wilkes-Barre New 699,739 /. 662,584 Scranton ■■;.'■ ■ \\{; \ i VI ^-1 Clearings—Returns by Telegraph v ' 939,955 1,051,259 ... ..V./■' "V +V __ Delaware—Wilmington for the week follows: : $., * Lancaster in 1945. for the week ended Friday of 22.3%. Our comparative 1943 District—Philadelphia— -.Philadelphia Reading $13,950,618,500 against $15,743,292,572 for the same week at Reserve Chester Our preliminary below those for the corresponding week last year. At this center there is a loss summary Bethlehem possible to obtain weekly clearings for all cities of the United States from which it is Federal Pennsylvania—Altoona indicate that for the week ended Saturday, Dec. 7, clearings cities of the country, total Third advices from the chief Preliminary figures compiled by us, based upon telegraphic will be 11.4% ago. year 1944 -A/? , v;V$ *■£>!■; .Deo. s& Bank —27.1 8,135,951,194 5,385,814,690 ' California—Long Pasadena Beach— San Francisco San Jose Stockton Total -y ; — -1, ; r Santa Barbara—- y >■ * —— 9,082,260 , , Grand Total (111 cities), Outside New 9,430,595 3.7 — 15,725,384 + i 8.6 2,632,553 6,055,013 + 13.6 4,630,656 3,782,160 598,697,168 588,734,943 + 1.7 615,977,935 502,136,893 11,174,530,964 5,321,989,623 13,393,754,063 -—16.6 13,619,784,416 9,856^79,499 5,303,029,445 +« 0.4 5,712,823,131 4,689,381,123 . • T.Y — 2,900,806 3,148,911 ( .......r (10 Cities)—' ♦Estimated. 351,444,000 >4,219,079 283,157,712 6,312,242 2.277,617 : ' fNofc included in totals. 6,875,902 > COMMERCIAL THE Number 4549 Volume 164 FINANCIAL CHRONICLE & 2995 <'■ ^ Exchange' Rales Federal Reserve Bank is now cer¬ of the Treasury the buying rate for cable transfers in the different countries of the tifying daily to the Secretary world. the week just-passed:' We .give below- a record for - ;x - , \'h FOREIGN EXCHANGE RATES r:-rivV-£\£;;. TO TREASURY UNDER TARIFI! AC^ OF 193$ ■ £yy NOV. 29, 1946 TO DEC. 5, 1946, INCLUSIVE ;; X;£:■ £.;X'.£: xX/X .AC CERTIFIED BY FEDERAL RESERVE BANK Value In United States Money Country and Monetary Unit .• Argentina, peso— 'i,;tNov..2&'-v iM $ :: V ,:X : • y Bowater's Newfoundland1 XXX: .297733* Official-— / Free__L_i f.. ; __u ;:$ X; .297733* X; .297733* 4: ; .251247* iXmH'f .251247* j ■:£ *X:'!: Dec. 4 1st >; .251247* .251247* J* 2.210616 3.210616 3.211616 3.2117834 .022797 .022797 .022797 .022796 .022796 .022805 .054053 .054053 .054053 .054053 .054053 1.00000a 1.000000 1.000000 1.000000 1.0000001 —— • .. 5% „.£ ; * _• mm mm mm mm mm «* mm mm mm mm mm mm mm X Colombia, peso..— .951796 4- .,.951713 X'Free—.u-——: ■ .571400* .208765 .208765^'. 4 ■ .008408* y . 4.029218 4.029375 > X £ .301529= , .571400* X .301529 • X. ' .377893 X .206693 \ .949375 ; -Free————1 .020060 Detroit Steel Corp., .208693 1969 —Feb 1 1974 —Feb 1 2828 preferred stock—Dec 30 Dominican College of St. ■x: 4.029609 .008408 .008408 .301529 .301529 .205818 .205801 . .205812 * ■ .377893: '.377893, £..277,893 X 4.030781, .008408 .301529 .-y .205821 £: 1.000000' 20-yeair6% debentures__________—Jiri 1718 I .201612 = .952083 u 3.223500 .201612 . .040501.' .091324 ■ Spain, peseta— Sweden, krona— .201612 > .201612 • y X '.233629 Uruguay, peso— & .091324 . * 2 1 1 Greyhound Corp., 3 % .201612 > ; .' ' 1st 4.005Q00 4.005000 • .658300* .658300* \ .658300*' .56271®* X£ ,658300* .562716* .658300* .562716* 1948__,_____ —Dec 31' . 2287 /.• ., 4.005000 / 2831 _Dec 31 — —;■ due V;. , 1st and refunding mortgage bond's, ser. A, due 1950—Jan' j ; 1st lien & ref, mtge. 5% bonds,, series A, due 1963___Jan 1 .233629 X 4.005000 4.005000X , mortgage leasehold bonds, 2286 Indiana. Service Corp.— .27820V X .233629 • v .091324 '.2782QT :: X X .233629 , 1 debentures Herald Square Building; N. Y, City .040501 X.. .091324 .091324 .278207 X X*= .233629 .562716* mmmmmmmmmmmmmmrnrnm^mmm 2017 —Dec 31 due 1973——Jan , convertible debentures, due 1956__~_— Tea Co., £;£^£'£.: Noncontrolled. idebs 1 Jan preferred stock Co,r 6% Light Co., 4y»% —Jan Jewel :fi Power 414% 3.223833 ' 4.0050001' Africa, pound. * ,278214-:XX- v v. ■rj .278214 Xv .233629 • .040501 .040501 .040501 .091324 X .278214 X Switzerland, franc—'. Cotton Mills Goodall-Sanford, Inc., 3r/i%> debentures, due 1956—Jan .957500 , 3.224666 ;: : 1.000000 x x .958125 '» 3.224500: .201612 v>v £ £ T.oooboo. "X4y.959r66 X 3.223500 .040501 * Thomas Aquinas & DominiFathers, Province of St. Albert the Great— can Florida " ' : Portugal, escudo— - Erwin ■ :' y'i;ooodoal 1.000000 J- ^94916® . < - 1st, mortgage serial bonds due 1947-1948 .377893 X X -Ay y General Publie Utilities Corp.— - ' ■ 3.223666 New Zealand, pound—. — 1 Mar , .208693 / 4.030546 - .301529 XX , £1.000000: ; ' Official—— Norway, krone, 1962 , 3%s. seriea B, due series G, due mortgage 2%s, .020060 .02006® 3 ;—T__——i.—_Deo 31 Cleveland Graphite Bronze Co.,. 5% .57U00* , .;•;;. ?r\,- £, Newfoundland, dollar- Controlled— .571400* . 4.029218 .068408 .205838 £37789^ ' : .008408 .205807= Mexico, pesoi.Netherlands, guilder. - .020060 .208693 1st .960000 ; due ' India (British), rupee Union of South .020060 Xv4: 1.000000 .960703 .961796 .571400* ; .571400* , .020060 ^ ' X .954687 ... 4 Czechoslovakia, koruna— ——— Denmark; krone..:—i——-——y—————• England, pound sterling. France (Metropolitan) franc - , 1st mortgage . Official—-—. .X sterling, income debentures 1 1972_Jan j M, Cincinnati Union Terminal Co.— , Canada, dollar— 2682 1 Jan '' ' • and general .054053 Belgian, frano Brazil, cruzeiro—.——— A_Jan ser, 1st and ref. mtge; 4V4%- bonds, series D, due Chilean Nitrate & Iodine Sales Corp.— 3J2I095O * 2682 Pulp (fir Paper Mills, Ltd.— Maine Power Co.— mortgage 3%s, series Chicago & Western Indiana RR.— .297733* .297733* .251247* 1st 3.210783 Australia, pound—- Page . mortgage 4s____.— Central y $ $ r 'KX.;Xv' .297733* f .251247* Dec. 5 Date • ■, ■ / > . i :. i t' ' mortgage & collateral trust income bds,, 5% x.:'.vXy;-- X y;4 £*■?;. 12824 6% income debs., 'due* 1969—Dee 3l Anglo-Chilean Nitrate Corp., income debs., due 1967—Jan % Associated Electric CO., 4 Mi % bonds, due 1953— ..Dec 20 Bolivia Ry.—■ kDec. 3 Dec. 2 2552 —Any time Company and Issue— ; £ NOV.. 30 Putt t ACF—Brill Motors Co^ t Buying Rate for Cable Transfers In New York Noon Date ., PARTIAL REDEMPTION - , ''» /;.' >. , Bt. Joseph 6c Grand Island Ry.— l»t mortgage 4% bonds due 1947_ - ■ _ ^ ■' Company and issuer . ;< Pursuant to the requirements of Section 522 of the Tariff Act of 1936, the ; :• Philadelphia Transportation Cbv— ' ' Consolidated Mtge. 3%-6% bonds, eer. A, due 2039—Dec 13 ■ .• Dec 28 Inc., 4V4% ^ preferred stock— ,658300* .562716*' f Lafayette Hotel Co:, .562716* Lake St. John Power & Paper Co., Ltd.— 'V:..;:vy";y 1st mortgage 5Vss,. series A—Jan 1 2288 Macfadden 1 2411 , •Nominal rate. . 1st mtge: 5s, due 1947_——Dec 15 Publications, Inc., 6 % debentures, due 1968—Jan 2692 Metropolitan Ice Co., 1st mortgage 7s, due 1954— Statement of Condition of the 12 Federal Reserve Banks Combined (In thousands of dollars) -Incr. Dec. Gold -''S certificates 17,521,174 fluid Redemption for F. 393,609 8,004 R. 21,751 6,017 786,459 llOtCS 2411 1 2833 1 , Neisner Total : Other Discounts — I 1,987 256,552 X—_ and advances 245,477 .vV ——, loans + '. 15,640 18,307,633 gold ctLxreseroswi— Cash Industrial , jty-f'-yyV, *y■'y.'.•<>;Y;• 415,360 + v Bills „ 14,861X120 £ 98,828 7,378,012 - — 47,000 60,000 — 895,100 Note s . Bonds 873,449 753,390 ——— securities +2,638,890 * Sioux 23,887,622 + 205,828 24,134,175 + banks ft. notes of other banks—. 362,189 102 Total U. S. Govt, and loans Doe from foreign Uncollected Items Bank Other assets — 113,317 X. — ££Total assets .1,120 14,486 52,640 1,389 — 24,844,017 64,263 + +, 414,182 16,221,755 679,490 acct. ;,, 90,708 611,775 acct. Treasurer—gen. > Foreign _• —j 8. 28,959 — v 14,864 . Other ;.X£^,£:£i£305,371: 19,976. + lOflBS 7,227 vr"£i--iii iV + 73 286,094 ; for pur- 1 deposits 17,818,391 1,955,043 : 14,008 -— 69,386 + + 412 + 25 .313,151 954 + 2,551 / • securities. Other Loans tO banks. , ; ' ■ + 196^488. Treasury bills— —— Treasury certificates of indebtedness +1,054,376 Treasury notes—— U. v Capital' Accounts-^' 1 ^ Capital paid, in Surplus (Section 7) / Surplus (Section 13b) Other capital accounts—1 k' ■ :'.:y Total liabilities & cap. aects. Ratio of gold certificate re¬ serves to- deposit and F. R. ?. note liabilities combined—— % - " i: 185,048* 11,432; 130,20? -y 263 358,355 27,428 —« • 100,126 1,542 + trial loans to 45,302,416 +198,037 0.2% 0.f% • Liabilities— Time < r 16 + ' 8,330 + 5,475" f :; * 180 8,448 ■ y3?he ~ cities shows Federal the Reserve System following principal week ended Nov. 27: An increase of mand in : deposits adjusted and a in +1,304 during and =—*526 8 — changes for the y $295,000,000 in de¬ decrease of $270,000,000 porting member 4 r Inland Steel Co., preferred anid banks.; "Loans, to brokers and dealers . -;£;^x65.xx; +1,016 —5,006 —270 4 — fcimi- . —1,315 38 • , and other securities increased $57,000,000; loans to others purpose declined $60,000,000. Holdings of Treasury 'bills' declined $131,000,000. in y York City and $38,000,000 at all reporting member ' .. y . ■■Central ■ 1st National: trust bonds, »... A, due Power Jan 2690 2543 2546 2831 1st mortgage 3s, series F; due 1961—Dec 27 . due 1947——. Telegraph Corp.— ———July Cement: Co., 6% . , ",k: 1 Dec 15 , 2287 t preferred stock--,;_Jan 1st mtge. 5s, due 1969 Co.— 1722 Anytime * 2694 •. ; > * 'vyy..:,: J.i.1;. 1954 Southern Ry., 1st-mtge. 4VSs, ser. A, due 1998-Jan -f 1726 North, American Elevators Ltd.— 1st mortgage (leasehold) bonds, series A—-———Jan ;1 2695 Northern New York Utilities, Inc.— ■ X' £££:V 1st lien & ref. 6% bonds, series B, due 1947———Any time 52822 *X _T_pec 18 1st mortgage bonds, Silverwood Dairies, 2835 stock,—.—-Apr; 1 2835 6% ^ Ltd., 40-cent preference 4 2836 gold debenture bonds, series A, due 2022——r_July l'47 $2490 Swetland Co., 1st mortgage 6s> page dated 1930--»—_™™_Jan Light Co.— Toronto, Hamilton & Buffalo Ry.— X Consolidated mtge. 4 Va % bonds, series A, due 1966—Feb 2828 • United States Finishing -Cbv $6 prior Woods Mfgi.Co., Iitd.,.'lst ! [ 2057 2 X ' ::X;X X-X'XX,_ due 1979——4— _-——-Deo 26 Safe Harbor Water Power Corp.— ■V 4%% 2696 l _ Philadelphia Wholesale Drug Co., 1st mtge. 5 % bonds—Jan 18 —_Dec 20 X. —Jan "2 5%f 12nd mortgage debentures, due 1959--———-——Jan 2 $10-—Ded SI Texas Power & stock—™———-Dec 12 Corp.— * !' Pennsylvania Sugar Co., 5% preferred stock,, par OF TENDER ;;X■"."■'■X': series 2284 2689 1 Ottawa Valley Power Co.— , 4% Xlst mortgage bonds, due 19j54—: stocks mortgage, 3'As,; series J,* due 1968—-Dec Union'Mortgage- Collateral Jan — Northwestern Utilities, Ltd.— ' > 1st mortgage 4s, series A, due 1966__— bonds, notes, Date Mal'ne Power Co.—" and general stock 1st mortgage 4'/aS, due. 1981—Dec 28 6% debenture bonds, series A, due 2022—— -—Sep 1, '47. yX' Norfolk under preferred • • " Company and Issue— Caribbean Sugar Co., 2827 2540 debs., due 1955——Dec 20 debenture bonds,, due 1952: Portland Nebraska c 507 — X list of corporate NOTICES - 52142 Dec 30 1st mtge. 3'As, ser. A, due 1970—Dec 12 Mount Hope Bridge Corp., r: 162 + ■ 4%% Medusa ' called for redemption; sinking fund provisions. The date indicates the redemption or last date for mak¬ ing tenders, and the page number gives the location in which the details were given in the "Chronicle." purchasing or; carynng United States Government i^ew cbmmon '.>:.;££.yy including those called re¬ a 1951—Any time Inc., Ist mortgage 5s_——Jan International Telephone & 112 — 28 Notices '; mmm Below will: be found 3'/4% International Paper Co.— 1st and refunding mortgage 5s 16,039 IP® 5s dtie Northern Ry.— *•,•-* 4% % gen, mtge. gold bonds, series E, due 1977—July 1, '47 accounts, week——— 1st mtge. 2 165 — +295 — 1,288 S." Gov't 2 1 ' Great 6 +■ 21 — deposit accounts except U. series)™Jan Ltd., income funding rights—— El Paso Electric Co., . X 158 (all . ' 136 + Redemption Galls and Sinking Fund - -Commercial, industrial, and agricultural loans declined same 4 + 633 2,108; —; \ 1 y leading deposits credited to domestic banks, y" for the. £V_^;'36'£;: 9,148 — mmmm mm mt bonds trust Economic Investment Trust, Ltd.— ; 1st collateral trust 4% bonds, series A——— v £'., 101 $23,000,000 in New York City and $7,000,000 at all for , Statement of^ Member Banks condition statement of weekiy jrept^iting member £ banks of the 234 ' m 2683 Dominion-Scottish Investment^ Ltd.— 1st collateral trust 4% bonds, series A and series B—Jan —4,191 3,584* ■ —,^__;j_»+;-;--._Deq;"3I, Delaware Floor Products, 80 586 —4,521 10,320 . Domestic banks—______ Foreign banks—....tT— i*k Borrowings — Debits to. demand interbank " 38 + + — 25 + — 40,135 — collat. Crucible Steel Co. of America, ' adjusted1— U. B. Government deposits Interbank deposits: . Condition ' deposits— . ■ '. 1 ;£ - -Dec 16 — JT 440 51 Reserve with Federal Reserve Banks +1,149,508 refunding and $5'". priof- preferred Butte Electric & Power Co.. 3 + + 27,045 ' L.. 1 + 3^384 ^ 2683 408 —, / 10,215 Demand deposits 42.9% . make;indus- —— X — in- vault— __Dec 16 Consolidated Paper Co., Ltd.— 1st mortgage 5^% bonds or debenture + (Including guaranteed Balances with domestic banks 2281 2682 Champion Shoe Machinery Co., 1st mtge. 4s, due 1948—Jan 5,641 _ 1 —Feb 395 4,432 ' ;— securities 10 1325 4'A% bonds, series B, due 1953-Deq 20 k ' ' Canadian Celanese, . liability son bills purchased for foreign cor"l respondents ——---j—^ 8,33(T Commitments bonds 26 + Page y I 761 — 146 XH:;^:'48.£X Gash /'46,765 Contingent v S. obligations) Other — 2,182 V'741 -t,.-—j Other - loans; 44,631,459 '• 3,371 — 419 1,513 . xxxxxxxx TOtat liabilities 1st ; 32 :-Vi:;,££' Date British Columbia Power Corp., Ltd.— Other loans for purchasing or carrying: 264,492 63,793 7tS: + 814 Tbtal Deferred availability items Other liabs., incl. accrued divs. ■ — securities—,—ii—— Other "•/ Ay^y. - , ;. 1 1st mortgage 5s———Mar Bridgeport Molded Products Co.— 2V$»%, 3% and 4Vst% first secured bonds— v 28, . .913 , Jan ENTIRE ISSUES CALLED Brown-Forman Distillers Corp.— obligations;—;— Government .. Blue Ribbon Corp.,. Ltd.— 2Vz%, 3% and 4Va% first secured bodns——— —4,590 + 2,916 + Dec 23 American, British & Continental Ct rp.— 5% gold debentures, due 1953— ■1945 55 10,149 - — - t and -dealers to» brokers IT. S. •—£101,071 It chasing or carrying: ; 671,633 — Nov"i 2836 " " Engineering 81 Management Corp.— Company and Issuer—• Commercial* .industrial, and agricultural ;X>X Loans Member bank—reserve U. + 16,548', notes— Deposits^-y^X-X^X:-^;;#^^ . 57,791 Liabilities; i and" investments—total-.-— Nov. 20, Dec 27 - Collateral trust 5f/o bonds, due 1953___— ; Algoma Eastern Ry., Increase (+) or Decrease (-—VSlnca '£; 1946 stock— ' """ . bonds,, due 1950 Associated Electric Co., Loans : . 4V2 % . (In millions of dollars) Nov: 27, 2835 ——Dec 31 Film Corp prior preferred Welsbach y £; 1946 Federal Reserve Century-Fox 1st mortgage assets and liabilities of reporting ;£ +198,037 £-X + 1,149,508 bonds.- £Union Gas Co. of Canada, Ltd.— follows: member banks •8,086 . $4.50 , 466,743 39 — 45,302,416 — 15,839 + 32,534 — bonds, due 1970—-Dec 27 5% 2 Twentieth City. A summary of the mortgage 27 1st • reporting member banks, and increased $22,000,- 000 in New York 261,963 64,339 — 2,405,463 . premises + 168,592 1st £ ■ Southern Counties Gas Co., of Calif.— ■ :; VV''' *' 1st mortgage 3s,, due 1971-—„-—-l_-Dec ' • v'":,:' Co.— & Power City Gas & Electric Co.— mortgage and collat. trust 2%% bonds, due 1975_Jan ""Borrowings.-declined $1^,000,000 in the Chicago Dis00 at all 2056 Queen Dyeing Co., ytrict," $18,000,000 in the Cleveland District,' and,$38,000,- 200,702 2695 Ref. mtge. and collat. trust 3V4% ; ■ 2833 stock—-———Dec 15 debentures due 1966—Jan I Pennsylvania Water Deposits credited to domestic banks declined in all —1,202,550 — securities Total F. i preferred refunding mortgage 3V2S, due 1966—-——Dec 11 1st and districts, the principal decreases being $86,000,000 in New York City, $37,000,000 in the San Francisco District, and $23,000,000 each in the Chicago and Dallas districts. 1,257* 15 U, S; Govt, securities: x; Certificates a- 98.969 37,251 ; 1,076 £ 29,142 4%% Inc., Niagara Falls Power Co.—• : ' — BrotherSj y New England Lime Co., 3%-6% deposits adjusted increased $136,000,000 in the Chicago District, $51,000,000 in New York City, $30,000,000 in the St. Louis District, and $295,000,000 at all re¬ porting member banks. Time deposits declined $28,000,000. United States Government deposits increased $65,000,000. 1945 1946 I Jan Montreal Light, Heat & Power— , ;y Cons. 3 Vk % 1st mtge. & collat. trust bds., 1973 series_Jan Demand Since— Dec. 5, Nov. 27, 4,-,-X 1946 XXAsaieta-^-'; - Deer. or Jan Moirs, Ltd., 1st mortgage 6s, due 1953————— banks, and increased $88,000,000 in the Chicago District. Holdings of Treasury notes increased $73,000,000 in New j York City and $51,000,000 at all reporting member banks. Holdings of United States Government bonds declined $36,000,000.. xritge. £ ♦Announcement In this issue. I 2450 preferred stock—;_Dec 31 '2736 bds.,- series AJ_ZJah $In Vol. 161, §Iti Vol. 162. 2? ■; ~ THE COMMERCIAL & FINANCIAL CHRONICLE 2996 'Per A{; Auction Sales Transacted by R. L. Day & ■ Dec. ■ 4;1A.:.7„ "'A .A A Shares 1 ($300 Associates .Utilities . and common : Lockeland Court ($1 by Barnes Wednesday, Dec. 4: 12-21 .5% : The 10 ($100 Philadelphia $1.50 The 12-16 50c 2 12-30 ,!|12-U > * 12-28 12-16 81 Vic 12-28 712-16 (quar.)_- — '7 " f 30c (initial) 7——. . 1-- 2 ; 12-31 Light, & Power Storage Oil Black & Black Sivalls Co.^AAAA77': (par £1 sterling)-——"—-_-j£.$19 lot Electric Light, Power & Storage Co., 7AAAA Decker $5.50 Cooper 12-6 Diamond Blue Ridge :■ 12- $3 7 .712- 7 (initial) common $1.06%i quar,)V-^--— A (year-end) 12- 43C i: — 9 7' 12- 7- Co. A 1, 12-28 25c 712-28 $1.25 12-28 preferred (quar.) Rubber Co & Rubber, A 1- 40c 12-13 12-16 2 $3 12- 2 $2 v ;;"v7\ 1 12- 2 1- 2 $ioc — 12-14 12-13 1 12- $2 preference——, 11-29 12-13 > 12-31 $1.37% i— (year-end) common prior non-cum. ■; ^ 12- 4 m 30C 712-17 12-31 '12-17 30c 12-31 40C ... 12-31 40c (quar.) 12-31 12-17 ' 7 ■ ^ Sugar preferred 7% 12-12 $1 Co., 2 "12-18 ' y $1.75 ——— 1- 2 ,12-18 4- 7," . (quar.) (quar.) , 4- L7 7- $1.75 ,7! $1.75 —w—7^- 77, — 12-17 1- j - (quar.)- preferred preferred • • 25c common--— (quar.) -—a.!—— preferred 7% •A 7 % 7 7 " 12-13 2 (year-end) Baking, common (quar.).....—! Pa.) - - 2 1- 12-16 Cuban-American ——_ •712-127 1- 30C Tire 7 % 1- 2 80c (quar.)£ (Reading Special ' ; 40c ,53C . ' (quar.) Special Common B- 12-12 5 9 • , Corp. of America Common v ' „ £ Participating i (R. L.), Ltd. (quar.) Crum & Forster Insurance Shares— 7 12-12. 7 12- 2 12-18 12-101 12- (Boston)— (year-end)— Stores, Inc.—• 7 Crain 12-16 12-19 25c Corp._'„— Corp. 12-20 7.7' 1-10 2 12-30 75c Extra 12-16 50c Ltd., deferred shares (par £1 sterling)-—. Brock & Weymouth, Inc. (Del.), second pfd. • >77-:: 2 12-16 Gas Continental 12-14 12-16 1- 90c (quar.). • preferred Container 1- ! pfd. . -" ■ Consumers 2-26 —$6 lot Bohack (H. C.) Co., 7% 12-20 $2.50 7 12-10 1st pfd. (accum.)100 ($100 par) $9 lot Bondholders Management, Inc., class A (^-a) 12- 5 62 ViC :' 12-15 10 Club de Montmarte, Inc. (Del.), pfd. ($100 par)-, • $3 lot ; 7 Class A (payable in five year 6% note) 12- 5 $3.75 ■: 12-15 "•vAA'A.;. 50 William Cramp & Sons, Ship and Engine Building Co. ..77 Boonot, inc.: (s-a) 12- 2 $1 112- 5 ; (Pa.) ($100 par)-— —_—A 7 $3 lot 7 Borg (George W.) Co. (quar.)^ 1-16 1- 2 20C : 2 Electric Railway 7 12- 9 Co, of The United States (N, ' Y.) , ;' K»/v Boss Manufacturing Co. (The) 11-27 7; A!/ $1 ($100 par) A_l $1 lot Bound Brook Water Co. 12- 6 V 15c 712-10 (year-end) £— ; VA 100 Emergency Aid Realty Corp. (Pa.) pfd. ($100 par)—— ;$lllot ;' 12-12 12-9 Bourjois, Inc. — —^i— —i.., ^■" 30 Enfield Manor Co. (Pa.) ($50 par)-. 7__;—-—— $4 lot Brazilian Traction Light & Power— 49 Evergreen Farm Restaurant Co. (Pa.) ($100 par)$43 lot 1- 2 12-16 6% preferred (quar.) • $$i.50 ; 5 Farmers Bank & Trust Co, (West Palm Beach, Fla.) 50c 12-10 12-21 Briggs Manufacturing Co.—— A'. 7 ■ ($100 par) —:—££--'■ $2 lot ; Bristol Brass Corp. (initial quar,)——— 30c 12-14 11-30 7 •204 Guardian Trust Co. (Mo.) stock trust certificate 7 12-14 Extra' £—££ 40c ———: 11-30 AAA -($100 par) $10 lot i Bristol-Myers (extra) 12-31 25c 12-13 ' ; 188 Jefferson Trust (subject to agreement and declaration British Columbia Electric Power & Gas— y y::U'-'\ dated April 3, 1917, Philadelphia Trust Co.) ($10 par) $2 lot 1- 2 6% 12-20 preferred (quar.) t$l.50 25 William M. Lloyd (Pa.), preferred ($100 par) $3 lot g Eritish Columbia Power, Ltd., class A (quar.) 1-15 J40C s12-31 7::A 138 Philadelphia Land & Improvement Co. (Ind.), 1st series Broad Street Investing Corp. (special) — 7 7" v ($ioo par) 5 per sh. 12- 4 12- 5 Payable in stock or cash$1.38 38 Radford Land & Improvement Co. (Va.)—_ AA $22 lot Brown-Durell Co., 1- 2 12-15 15C common (quar.) 10 Phila. Ritz Carlton Co. (Del.), pfd. ($100 par)——— $8 lot yyyy Extra"' -:i—-£—£7£i^-,££^^£-w----£ > 10c 1- 2 12-15 4 6/10 St. Hubert's Inn Co. (N. Y.), common ($100 par)—— $1 lot 5% 1- 2 12-15 preferred (quar.)————' $1.25 A/',7 50 Single Service Package Corp. of America (N.7 J.) 'v Brown Forman Distillers Corp., com. (quar.) 20c •1- 1 12-19 7 7 " *.f\ ($25 par) '— $2 lot 12-31 $5 prior preferred $1.25 1 : 27 The Tuckerton Railroad Co. (N. J.), pfd. ($50 par):-A-A $2 lot 12-19 $4 preferred (quar.) $1 7. ■ 1- 1 7 200 Columbia Graphaphone Manufacturing Co., common—£•, $13 lot Brown & Sharpe Mfg. (quar.) 11-30 v12-10 $1.50 ' t: 50 Investment Bond & Securities Corp., capital ($50 par)$7lot; Brown Shoe Co., Inc. (extra) 1- 2 77 780C"1 12-17 —— "100 Pioche Min^s Consolidated, Inc.,; common ($5 par) $110 lot Bruce "12-10 93 %c 11-30 (E. L.) Co., 334% preferred (quar.) :7 A W/o 12-16 (quar.)„ Co. Bryson, Preferred: ;(initial Blue 7 Mfg. & Extra - , 12-20 2Vic 7 12-16 $3.60 Ltd. ^>;;.v'<:.Comnion.i;..(quar.):' 2 2>/2C Paper, ,7'7 Consolidated Retail 1- $2.50 7 — Co., quarterly Consolidated Corduroy * .7 Credit Increased $1.50 ' —— -—— 12-10 12-16 . . .'7 Year-end Pennsyl¬ (quar.)— Co. Extra : 2 2 Connecticut General Life Insurance-— $1.75 — Electric— Ohio Consolidated Investment Trust T2-20 :73-; 1 75c Southern 11- Year-end f 12-20 12-30 ; 15c 7 -■« com 12-30 10c 12 Vio 12-11 50c 50c Connecticut Gas & Coke Securities— .."7 $3 preferred (quar.) 12-14 "7# 30c (year-end) Bishop • $5 lot — Electric Australasian 12-16 2 12-23 75c & Commercial , ;; Ltd»,. ordinary shares 10 12-16 1- f 50c ^ i«) P. 2 Holderi Payable of Rec, $2.25 7 7'i-, 2 :/7l2-14 t50c Corp.^- $6 preferred (quar.)— Birmingham. Fire Insurance Co. of vania , 12-6 Vl.,; 2 v Columbus When . Share , J... (extra) Baking Co., new com. (quar.) participating preferred (quar.)— 50c 12-13 '7,1- , 84%c (quar.) preferred 7-7 :7.;; '77 of Company Columbia 12-12 1- $1 50c • 7 on ,$ per Share par) Australasian Loan 12-23 '7,1- 2 40c 77 6 7:1- 2: 20c 7 . Lofland, & STOCKS . preferred '■A'A'A: 12-31 $3.25 preferred (quar.) ——; Bingham Stamping, common— £—— The American International Publishers, Inc., N. Y., 8%AAV'-A:-A: 5 1 $2.25 ■ Binks Manufacturing £,._"AAA$20 lot 777: Extra 1 —AA-AAA1 47 Birmingham Electric Co., Co., Greenfield, Mass, ($10 $7 preferred (quar.) 1 1—J—,1—10(4 _ Transacted T — (irreg.)___-— Industrial Common j ^AAiAA-AAAA;;' 26^ par) First National Bank & Trust Shares *' > 12-21 Aviation Beneficial 7 1,312 33 par) Bendix y common ($1 par). Boston Ground Rent Trust ($100 par) . * 12- 12-31 —— ' ; $70 lot< — €0 * Co. 12-16 25c — par)__,._A_30%: Corp., Revair 1,400 . Oil n. Trust—. Estate Real Barrington 20 '.'1w Bareco 12 Vic ($100 par)__ non-negotiable;; receipt for. 2 Mass. Utilities Associates > preferred; preferred ($50 par) Lewis Wharf Co. ($100 20 8 ' 4tVz% $ per share par) ! unit Per Name Payable of Rec. (initial)- (Ludwig) & Co.,. common preferred (s-a) w ; Holders Colgate-Palmolive-Peet i 600 ; Bauman v.''AAAA'A;A;7A:v; -^/Va'A V. . €20 y! Share •# '7 ; & Equipment Corp. of America— Semi-annually Wednesday, on of Company When Bank Bldg. Bastian-Blessing Co. (quar.) .'.■,,.330 ; •; .$5 lot v Bausch & Lomb Optical, 4% pfd. (quar.) Beatrice Foods Co., Quebec Gold Research Ltd., ctf. dep , A :.' $2 lot coir|. (increased quar.) Industrial Development Corp. ($1 par)wA-^V7A;A.-^AA $8dot :■ Extra — 3% % preferred (quar.)'^£ Boston Atheneaum ($300 par)— 7 Beatty Brothers, Ltd., .'mass A (quar.) Winthrop Building Trust, tr. ctfs. ($100 par) AAA-..--. $105 lot> : Class B! (interim) Boston-South Dakota Gold Mining Co. ($1 par); ljMfese#' A 100 • Co., Boston, Reisman Glass Fitzgerald Shoe Co 1,000 V Name JIaSaIa STOCKS Boston" Athenaeum 1 438 ;; Monday, December 9, 194(? .-i.'vr:'^'-i.! 1 3-18 7 6-18 10-30 $1.75 9-18 . D. ' ■ ■ W. G. Cigar Corp. (year-end).— (initial).-- $1.25 12-24 12-12 $3 12-14 12- Corp. ,.(s-a)————r. 50C — Daniels & Davega . Stores Fisher Stores 5 . - Extra' , Dayton & —— Decker Michigan RR., 8% pfd. (quar.)_ Records, Inc., new com. (initial) —„ Manufacturing Co. (quar.) Delta , Electric Decca ' . "" ————— —— ■ , : —— ' — — - ;y'y-:'l;'y' 2,000 A:A A'," * Bulova The Lido Corp. (N. Y.), 6% preferential certificates of indebtedness 1 —i$70 lot Manufacturers' Club of Philadelphia, 6% second mtge. ' , bonds due July 1, 1940 U— $4 lot Philadelphia Country Club, debenture notes series A, • due July 1, 1956—— —V 31 flat. Colonial Colliery Co., 1st extended 6s due Sept. 1, 1954 $10 lot ;$12,500 * Buckeye Steel bonds 10,000 7, Castings (year-end) Watch 75C Co, (quar.) 1-2 12-18 I* 2 12-18 12-20 12-10 7 50c - a a—2-— —i——.J,——y Piston Ring ^year-end)—4 ... 7 Extra ■ Burd 12- 9 50C • 12-18; 25C -.£—« ;|Bryndum Corp., common (stock dividend)—7 ;f One share of Hat Corp. of Amer. class B 7 7 stock for each 20 shares held Class A : 7 7 ' -l— 12-11 12-28 . (stock dividend)— share of Hat Corp. of Amer. One B stock for each 20 class shares held--—-,— Participating Participating DIVIDENDS Dividends , first grouped in two separate tables. In the bring together all the dividends announced the we current which Then we follow with we show the dividends previously announced, but r 12-28 "12-11 12-28 12-11 12-28 12-11 Extra Petroleum Acme Corp. 6c Wire Co. (extra)—— Express Co, (year-end) — D.) Manufacturing Co. (quar,).. Adams-Millis Corp.: (year-end)-.--^—-— Ahlberg Bearing Co.; class A (quar.)—.. Air Investors, $2 non-cum. preferred—— Alexander & Baldwin, Ltd.— Allegheny & Western Railway— '*$■ ' - j — (J. 12-31 12-16 12-20 12-30 12-20 1- 2 12-20 12-16 , 8%C 50c 50c . Guaranteed > : :> - " 1- 2 1- 2 2-1 1-2 convertible preferred (quar.)_ & Logan Valley Electric Ry.— $2.50 Altoona Initial - — Amalgamated 62Vic - Co. ,1. . <. . . 4%% ; General General Ingersoll (N. Y.)^ —25c Pipe, 6% preferred (s-a). ' $3 American Cities Power & Light—; ^ ; * Class B (resumed) ; ; 16c American Crystal Sugar, common 30c ' ; . 1-15 Cannon Capital Capital !" 12-27 ;; American American American preferred £$.$1.12% (quar.)„; Express Co. (quar.) Factors, Ltd. (year-end) Home, Products (monthly)' $1.50 70c — JJy. International American Metal .. -American National American * (year-end) Products-. Molasses 'American Corp. American Co. (quar.) Finance, new preferred. Reserve 5% $3.50 prior preferred—834c ' , American Water Insurance. 50c Works, $6 preferred (quar.) American Zinc Lead & Smelting, $5 preferred (quar.)_, Anderson-Prichard 4%% ■; , preferred common Metal Construction 2- 2 53c ' (interim)™^ , j , ; 10c 12%c (quar.) i - 50c Extra 50c 12-31 1- Asbestos Corp., Ltd. (quar.) Ashdown Hardware Class A B 3.60% >s - Refining Co., preferred B A ?b. #,; (extra) 2-1 1-6 2-1 2 10c .7 12-20 12-14 4% •' 37%c 50c 1- 2 1- 2 -15c 12-20 50c. • 12-16 :: $1 1- 2 ■ $1 ■ , 12-20 12-14 12- $75C" 12- 1 11-12 $15c 12- 1 11-12 137 %C 12- 4 11-12 1 •7 50c 12-20 12- 9 50C 12-20 12- 9 50c 71- 2 7 12-11 12-18 $1 12-11 2 12-11 1- 5C 12-24 45c (quar.) 7 12-24 12-16 12-16 9 3 12-23 12-13 12-31; $2.12% 12-17 * 12-17 2 12-17 12-20 12-10 1- $1.75 25C Service, $6 Ltd. convertible Cincinnati 12-20 Gas & Cleveland ■ Clinchfield 1- 12-27 . (quar.) — Coal (year-end) prior preferred (quar.). (quar.) pfd. 4% Telephone (s-a) Machine Corp.... $1.75 40c A ; $1 Field 7 •' Marshall Financial 7. First 7First • , 12-18 12- 5 1- 2 12-10 2 25C 12-14 12- 7 77 62%C 12-31 12- 6 19c 12-31 12-20 50c 50c 50c 62V2c 7 12-16 12- 5 12-16 12- 5 12- 11-26 1 7 1- 1-10 1- 6 12-16 2 12-16 1- 75c 1- 12-16 (quar.)_ $1 1- 12-16 (quar.). $1.13 1- 12-13 $1.50 1- 12-20 20c 1- 12-20 -25C T2-20 12-10 — —. 12- Fund, 12- 6 12-28 12-17 $1.50 '12-28 12-12 7v60c 12-23 12-12 12-23 12-12 62 %C ,1-2 12-16 $1.60 I- 2 12-20 12-10 50c 12- 2 50c 12-10 12- 2 50C "7 1- 2 12-16 $3 II-22 11-21 30c 12-19 12.- 9 85c 1- 2 12-14 $i 1- 2 12-14 50O 1- 2 12-16 m . , 50o 12-16 12-.3 75c 12-10 11-30 30c 12-18 12- 5 50c 12-18 12- 35C 12-23 12-12 50C — 12-23 12-12 5 12-18 12- 6 30C 12-20 12- 50c 12-20 12- 9 15C ; :v^'";' $2 : 7; 2 12-14 4c 12-16 11-30 62 %C 77 1- 2 12-12 250 12-27 12-13 80c 12-23 15c 12-21 12-12 12-21 12-12 50C 12-31 7 Stores, Inc. (quar.). Corp. .(initial) —7 - —— -r • Food Machinery Corp. (quar.)— Forbes &»Wallace, $3 class A (quar.) 1- 9 1-15 1-25 50c 7 (quar.) 1- $5 ;2%o •■ 12-24 12-15 12-18 37 %c $5 non-cum; preferred (year-end) A-A--Frankenmuth Brewing c0.7 (quar.) A-A-Avr 712-12 ;. 1- 2 1- 5C —-----£^w«- 12-14 2 1- 2 75c (quar.). Foster & Kleiser, class A preferre4 400 Madison Ave. Corp.—- 12-10 2 12-14 12-14 $1.25 $50c 12-16 1-25 12-31 25c Frankfort Kentucky Natural Gas (quar.)-Fraser Cos., Ltd. (quar.)--_^._— Fulton Service Corp., common (year-end)Class A (year-end) Fundamental Investors (year-end)— ." Garfinckel (J.) & Co.—• New common (initial quar.) 51/z% preferred (quar.) —— 12-30 12-20 12-30 12-20 25C 80c 12- 2 12-24 7 12-12 ; v 37%c 12-31 12-16 34 %C : 12-31 12-16 General American Investors— $1.12% preferred (quar.)Candy Corp. (year-end) Mills, Inc. 5% preferred (quar.) General Motors, $3.75 pfd. (initial quar.) General Public Service Co., com. (irreg.) $4.50 General $4 convertible preferred $1.25 — 933/4c — General Telephone General (year-end) (quar.) Corp. 414% Products Co., Extra 1 2- 1 12-31 12-9 12-31 12-13 25c 1- 2 1- 12-17 2 1- 2 (quar.) 12-17 12-17 5 2iy4c 12-20 12- $1.12% 12-30 12-14 .— 25c 12-20 12-10 (quar.)—47 1- 87 %C (quar.) 2 12-16 25c Goodyear Tire & Rubber (Canada) Fisheries, Ltd. (quar,) — (year-end)—— 12- 2 >1-15 1- 2 1- 56 %c -A 1- , 12-13 12- 23 2 12-20 1-10 30c a 2 7'-777 12-16 1- 2 12-12 M 12-31 12-14 $1 1- 2 62%c , ; « 'A f 12-21) "■ ;V- 7- * _A' ••• 7'-; 7- 17 : • . 7" A*1,;:."':7/ 2 12-13 12-16 15c $1.75 ;; 2 1- 50C > common 12- 12-14 25c (quar.) 4%% convertible preferred (quar.)—— Globe Knitting Works (quar.). Globe Wernicke, 7% preferred (quar.)-,. Gobel (Adolf), Inc., new com. (initial) Goldblatt Brothers, $2.50 preferred (quar.) Company, 12-14 50c —' Gorton-Pew 12-31 2- 12-27 40c —— Gladding McBsan & Co.— Glidden 6 12-31 40C common 4V2% preferred (quar,) Giddings & Lewis Machine Tool Gilbert (A. C.), $3.50 preferred Girdler Corporation ' (quar.) 9 12-16 $1.06% com. 1- 2-10 25c Instrument, -Apreferred (quar.) 12- 12-10* 1 12-24 $1.37% $1.50 Co. Year-end Gerber 1- $1 (quar.)_ Time ■:' 7 77 2-71' 15c 7- $5.50 preferred (quar.) $6 preferred (quar.) Refractories 12-14 60C General ; : 12-17 12-23 National Extra , A" 250 $2.75 Inc Company (year-end)— Follansbee Steel Corp. . 6 12-16 lOo — m Flintkote Year-end 2 12-16 7 20c of Industrial York 2 12-10 20c ■ (see Marshall) Co. (quar.) —— Sons 12- 12- 2 1 1^ 2 , A--7,A7:' Pennsylvania 1- y 12- 2 12-31 20c (quar.)——y:\y (quar,)-— •;■ 12-10 12-22 10c —— *•••'••'" & Co. Filene's(Wm.) 7 Finance Co. ; • 12-24 m :; — - ' 3 75C Co.---——-1——(quar.)_ Co. 1-3 7 £——-——- — Publications General 1-15 1- a; $1 (quar.). Tool Suburban 15c ,> Extra —i-A.'—■--a—--££-———. Ferry Cap & Set Screw-Co.— Fiduciary Trust Co, of N. Y, (quar.)——— • 53C '7 12-31 60C : 1 12-21 $2 preferred Hobbing 7f t2c 77: & Electric. 12-10 7.7 12-17 2 12-27 40c Clearfield & Mahoning Ry. 12-16 12-5 7:$i;? "'•'7 — ' convertible 12-24 7%c — $1.41%-'• preferred 7 $3 12-20 Special ■ Telephone, $2.50 preferred (quar.). Ceraseal Chemical, 6% preferred (initial). Chapman Valve Mfg. Co. (quar.) Pneumatic 6 (N. Y.)— U Mines, 12- 12-31 59 %c — Central Cincinnati ' 1- 2 $1.183/4 Co.—1 Chicago 1-20 ' . 25c ; (year-end) Light & Power (quar.) Soya 1- t25c (quar.);-A.A- Forge 12-10 class B (s-a)«. preferred & Co. Drop 2 1-31 1-31 —— 1212- yyytiy 12-17 '■ 1- 2 $$7. ' - Investment Patricia Gold Water 1- tlOc 7 Felt & Tarrant Mfg. 12-12 2-10 12-20 7v; $177' (initial) Extra • . 12-10 11-27 7® 2 $1.41% preferred $2.50 . m12-20 2 —7': Public - 1- 2 ^ Extra 1-6 fl5c 1- 50c common.. (quar.) Chicago Dock & Canal Co. 12-10 $1 (quar.)_ 1 12-14 1- quar.) ———* a Illinois ■" 12-31 1- (quar.) A $35C ' (Fred) Federated '11-30 135c preferred Central 12-10 1- 2 1-15 12-15 $$1.25 $$2 (quar.)__ (reduced) — Auto Fabric Products Co., Ltd.— " 60c participating class A (quar.) Automatic Washer Co. (year-end) ..Avery (B. F.) & Sons, C% pfd." (quar.) Avon Allied Products, 4% preferred (quar.) 7; Axelson Manufacturing Co. (quar.) 1-1 vl2- 8 « 90c pfd. I rBaltimore Radio Show, Inc. 12- 8 fl5c ; 4% 12-31 1- ; $$2, (quar.) —! .1 preferred (quar.)— Flouring Mills (quar.) —„ preferred 12-27 preferred Federal 11-30 2 J50c 7 Corp. 1- $15c 7 —... Central Ohio . (initial) Atlantic 12-31 }60c Co., Ltd.— (quar.) Class J20c 6% Central 2i;. 12-16 <-12- 9 J30c . Extra ' Central 12-24 ' 12-16 $56%C preferred Central 12-16 %£ 7 12-15 & . General 1-31 .7 $30c • (s-a) --£££>--—-—AA—77 Emerson Drug Co., class A (year-end) Class B (year-end) V 8 % preferred (quar.) -_£——£——£--£» Exeter & Hampton Electric (extra) — Exolon Company (increased) — Fairmont Creamery Co., com. (year-end) 77 ' 4% preferred (quar.) .* Faultless Rubber Co. (initial) ; 12-16 (s-a) ,£^.£, Quarterly ^ 12- 6:% 11- 7 12-31 12-31 12-31 ^ 7%- 2nd 4.75% "1 i- & 7 7% 7 12-16 —— preferred 137c 7 12-14 i. ' A Elliot, Company, 5% 7 12- J 50c (quar.) Central Hanover Bank & Trust Co. 12-16 v; 12- Central Electric & Gas— 1-10 / ; . 1st (accum.) ;: Elmlra & Williarasport RR. Co.— I Extrft' £——«£—.. — Centennial jl-17 12-31 t 1st ' ?;r;lB-16 ? 1 25c Arkansas Western Gas (quar.) Art 2- 2 2 — Special 12-10 1- 2-? it. '• 12-311 12-16 1- 2 10c 11- 12-31 t50c (quar.) ..£—————£^..*. (quar.) ^,7^. Co. pfd. Extra vvjiiil'iw; 7 . 1-2 12-23 ' $1.25 Oil, common (quar.) Anglo-Iranian Oil, Ltd.— American deposit receipts $1.50 . ' 12- 143 3Ac Mills, - Inc —... Ltd., 7% preferred (accum.)v Castle (AV M.) & Co. (special) £^—. Celanese Corp. of America— New common (initial) 12-16 1-14 15o ——, Products, Cloth (quar.) & Mfg., 12-14 — Elizabethtown ' Carthage 12-10 12-30 Co. , 7 2 $15C 'Cassidy'S, 12-14* 20o 12- 1- —— £ :Extra 4% y- 1- 2,:'; 12-14*v; 12-23 12-20 1- 2 (quar.) _£'■■ pfd. Ltd. (increased preferred Carriers 12-14 >y lOq, > 15c'"",; Wire $1.50 y 12-17 12-20 35c y Extra,. American Transit 12-11 12-28 — $5C ' — Ltd. .7 'Extra j. 12-17 ^ $25c Carna tion Co.,. common 12-18 1-.2 1- 2 1- 2 .11-30 - prior 1-10 - — ''7 Extra s 4V2V0 Mills .Co. Carborundum .12-20 1-10 2-1 £.. — 5% Westlnghouse, 6% — Class -B Fear —- Extra 7 i 12-90 1-2 Quarterly 2- 1 — Rand, Oil Cos., Ltd., preferred (quar.) 8% Canadian . 12-17 American Cast Iron t50c Electric, Ltd, (quar,) Investments, Ltd. (quar.) Canadian 7 ■ ^American Alliance Insurance Co. - (initial) Canadian * ■ 12- 6 $$1.25 — Ltd., common preferred Canadian .,12- 6 1-2 1- 2 £_i.——^' • 12-18 — U0C Canadian . 12-21 12-10 preference (quar.) , 75c . _i (quar.) > 5c ——— Sugar -Extra 12-20 ' 12-20 1-15 12-14 : convertible 12-6 12-28 — $1.75 preferred (quar.) ; Canadian Food Products, Ltd.— * Electric non-cum. 12-27 Participating 11-30 12-10 12-14 12-13 12-20 12- 9 12-3 ———— — 60c Canadian Celanese, 12-16 (s-a) " $3 &-Equipment (quar.)—2VzC ) AllianceWare, Inc., common (year-end)— 30c ' ^•Jf^Allen Common V 11-30 12-28 — —— 12-20 12-5 $$1.25 .... ——— 12-20 12-24 $1 .50c 60c 20c $3 (extra) Adams Adams 12-24 2c (quar.) 12-10 25c — (increased quar.) preferred (quar.) £«£^-.--£; Canadian Canners, Ltd.-^ 7 5% 1st preference (quar.) Participating Holders When 1- 12-10 2 $$1.25 7t25c I,— non-cum. preferred (s-a)—. Canadian Bronze Co., Ltd.— Payable of Rec. 12-11 12-21 < . 5% Share ———————— — Steel Co. Acme ' ; - 7 20c 12-14 5A $2 ; Electric-Ferries, Inc;, common£-£7-—A^-£ 7 6% prior preference (quar.) —Electrical Products Corp. (quar.)——— 12-11 12-28 15C $62 Vic (quar.).* 77 5% . Pet Aberdeen B 12-28 $3.50 (s-a) (quar.)_. Co. class Machinery Corp. .initial).,——— Canada Steamship Lines— The dividends announced this week are: 4 5% r $1.50 (s-a) ; Canada declared. of Company Bread, 11-30 7 Dow Drug Co., 1% preferred (quar.) 7-Duff-Norton Mfg. Co. (quar.) —-U ; Eaton Paper Corp., common Myear-end)^A-7 6% prior preferred (s-a)-.. Ecuadorian. Corp., Ltd.————-i7 Edison (Thomas A.), class " A————- 7 (stock dividend)— of Amer. for preferred Manufacturing 12-10 .Corp..AAA7-•- .Dominion Steel 8; Coal,.Ltd., Douglas & Lamson (quar.) ;77'' Extra ■ Corp. Canada Cycle & Motor, Ltd.—5% 1st preference (quar.) Further details and record 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 Name Hat 2nd non-cum. Camp Canada which have not yet been paid. . $7 .7' second table in a A of 12-14 IOC , $2.50 -u..;.. 7 --each "20 shares held————— $3 non-cum. particpating preferred are week. A class share One . ■ class 12-31 12-21 12-21 s Foundry & Steel, Ltd. (quar.) Oilcloth &. Linoleum7(quar.)i— " 12-10 12-14 50c - common 12-19 2; 25C Coal, Ltd., 7 Dominion '7..' Extra 1- '■ mi , Dominion — — 12-20 h - Dominion — ■ ,rA :A;vVA #'5,000 -y 7! ; --L- 12-16 25C Portland .Cement— ■' 12-14 12-16 12-20 $1.12% Products-— Doehler-Jarvis — —— V' Extra 7 20c ' , Diamond T Motor Car <quar.)-———-£i— 7 Discount ; Corp„;. "(extra) ——££-^£-7'.. —; • 1- 1-2 20c — £..£.—7—i-*', Diamond . . Steel Extra 2 12-30 5C ; ■ Detroit - A; (quar.)— —— 12-14 12-14 1- 40c Denver Dry Goods, 4V2% preferred (quar.). Detroit Gasket & Mfg. (stock dividend— ATwo for one - split.-——.-1.—... . . ;'i Co, 7- — — ■' Extra • . 7-T- 2 7: $1 $1 • aa*.' ' ij- j V ■{ rtt yblume 164 Number 4549^ THE; COMMERCIAL i" ' Per Name of Company < Granite Grant > City Steel (W. T.) 3%-% Gray Company, preferred Drug *'» • common (quar.) 25C Stores 1- 2 1- 2 2 3 (quar.) Griess-Pfleger,:Tanning Co. (year-end) (quar.)__„ _____ ( Gro-Cord; RubbdrlCo. Guaranty Trust 'Co.. (N. Y.) '(quar.)______.l ' Guenther, Publishing Co. (year-end) Guilford Realty Co., 6% preferred (quar,)2« ^ Hall t(C. ;M,') rliamp Go. (resumed) Hanson-Van Winkle Munning Co. (year-end) Harbison-Wholesale; Co. (quar.) ,. Extra .< ' Hart-Carter '' Co., ■/•'■v common.., B 4%% .preferred Class Heinz A (H. (quar.) _ (quar.)_ \ Class Corp., class A ; ___ :J; Hlinois " Bell: 12-14 1- 2 12- 2 12- 7 4 12- 9 12- 9 12- 2 12-12 11-30 V 12-12 1- ' Vb % ( preferred 4 % 12-20 12-20 12- 5 2 12-24 1- 12-24 12-13 4%% 11-30 12-16 1- 2 : 12-15 7 12- ; 10- Mississippi Shipping /Co. ■%' Special - IOC (qufer.). Ingersoll-Rand, <6% preferred Interlake Steamship International Coal International Co. Nickel 7% v preferred 7% preferred ( International (s-a) ($5 Co., Ltd.- (s-a)_,u Canada, Ltd.— : (quar.) - ■ International 2 (accum.) Ltd.-— Co., $2.50 - - i _ Reinsurance 2- $2.50 9 45c -It 43 %c 1- 6 50c £ 1-15 11-19 /.( Class 12-23 , A (year-end)Class B (year-end)— ;~i— Jamestown Telephone- 5%- preferred A-(s-a). / 6% 1st preferred (quar.) Jeannette Glass, 7%. preferred (quar.) , Jeffqrson Electric (year-end)---^—I Joseph & Feiss Co. (quar.)-— Manufacturing Co. (quar,)——LKalamazoo Vegetable Parchment (quar.) — 12-26 12-14 12-12 12- 2C (quar.) Common (increased) t-...—— ;v> ( f5^; preferred — Year-end :F Kelsey-Hayes Wheel Co.— convertible class y * A (quar.) :. ^ - 1- 2 40c 12-21 1- 2 Year-end -,,v: Series 90c • B-l (s-ai Keystone Pipe & Supply Co., 5% pfd. (s-a)Petroleum Co.5 (resumed) Corp,, (year-end)— Crosse Telephone Corp. La Plante-Choate (increased s-a)Co.; (quar.)^_——l Mfg. Lambton Loan & Investment Co. 12-19 National 12-28 2 1- 2 12-14 21c 12-16 (extra) 12-31 12-31 11-27 _ 1- (quar.)—---i.- 12-24 Semi-annually. Locke Steel — Chain Co. Gas Electric & (Ky.), preferred (quar.) '5% preferred i (quar.) Lowney (Walter M.) Co. Ludwig Baumann & Co. Lyon Lumber Co. & 12-14 Petroleum Manhattan Financial Class B Mansfield (year-end)— 45c , - - & class A common ' Extra $1.20 convertible preferred Trust Co. Marlin-Rockwell Corp. Watch, of N. (Initial $5 non-cum. - Ohio Water 12-13 12-23 12-20 12-12 12- 9 1-15 12-12 12-26 12- 9 12- 9 ttf- Omar, Inc.,. 1 7% 3-15 • 12-23 Scott 12-15 Ottawa shares 2- 12-12 12- 5 $2.25 12-10 13c 1-15 12-31 ' 45c > 1- 2 12-10 12-10 y-;;T2%c 12-19 12-16 12- 9 2- 1 1-1 1- 2 12-23 1- 2 12-14 1- 2 12-14 $1.12% 25c 2 12-10 1- 2 12-11 30c ?; 1- 25c 1- 2 12-11 12-12 25c 12-24 70c 12-24 25c 12-20 12- 6 25c 2 12-20 $1 1- 75c. r 12-10 ' 1- 20c- 12-20 y ;12r- 6/is 12-11? 2 1- 2 ' 1- It 2 12- 12-27 12-20 12- 8 Smith —. (quar.) ' (Howard) /Southwestern 7. Common 12- "D" Standard 3 30c • ' 12-13 $1.60 80c (quar.} 12-30 12-20 12-10 15c 12-20 12-12 12-12 10c ;; 12-31 under the terms of Railway ' (quar.)_ $80c Atlantic Telegraph Pacific Coast Terminals Service (s-a) Co. 50c 5 25c — (quar.) preferred (quar.) Pacolet Mfg., 5% preferred (quar.) (s-a) Bank Shares Corp, (year-end) Pennsylvania Industries, 12-31 12-16 Pennsylvania Salt Mfg. 12-31 12-16 12-20 12-10 Common 12-15 Co. & 2 12-12 1-2 12-12 1- 1 12-16 ■/:■ 1- 2 ,.;12-14 12-16 12- Power 12-14 12- 1- 2 12-10 Peoples 1- 2 12-14 Pep Boys (Manny, Moe & Jack) 12- 2 1- 2 12-31 1-20 450c (accum.). (quar.)— 62 %C 12-31 11 2 12-14 1- $1.50 > $1 •' 2 12-14 x-2 12-29 4- 1 3-20 25c pfd. (quar.) 12-24 12-10 $1.25 —_j 1- 2 12-14 pfd. 25c (quar.)— —- com. preferred Corp., (year-end). : 12- 1 11-20 10C 12- 1 .11-20 20 c $1 12-31 12-16 20C 12-23 40c ; (quar.) 3-1 12-16 2-17 12-24 12-28 common —... — (quar.)— : — —. class A Inc. (year-end), (quar.)—. Co. 37 %c — 12-18 12-20 12-13 12-20 12- « 12-27 12-10 V 1- 2 12-10 1- 12-10 6 3-20 4- 1 4- 1 3-20 1- 2 12- 0 1- 12- 9 2 12-12 12- 0 12-27 12-18 1- 2 12-18 12-14 12-4 12-14 12- 4 85c (year-end) Taylor Instrument Cos. Tecumseh 50c 12- 2 $3 12-31 12-20 50c 12-28 .12-13 12-28 12-13 4.10% 11-25 V 12-21 12-27 12-12 $1.75 — ■ $3 12-14 12- .: 25c - (quar.)——. 7 preferred Textiles, Inc. ' Co — 1- 2 10c 2 12-14 12-10 11-30 1- $1.02% (quar.).* 1- 2 12-10 25c 1- 2 12-21 25c 1- 2 12-21 $$2.50 common— preferred (quar.) Thayers, Ltd., $3.50 preferred (accum.) Thomas Steel Co., common (increased) 1- 2 12-14 25C preferred (quarJ Toledo Shipbuilding Co. (liquidating)— Tooke Brothers, Ltd. (interim) 4%% 12-12 12-27 12-12 $1.06 y4 12-14 12-5 $10 — 12-27 20C 12-11 53c ; Transmisstyq.Co.— •4% 12-10 12-21 ft 12-10 12-21 Products Tennessee Gas 12-20 30c 12-20 12- 5 $40C 1- 3 12-18 — $15q 1- 2 12-14 $$1 1- 1 12-31 t$l 1- 1 12-31 — $$1,12% 1- 1 12-31 12-14 Toronto Iron Works, Ltd.— • 1- 2 12-16 1- 2 12-16 $2 12-15 11-30 25c 1-15 12-31 $1.25 (quar.)— —_ 12-10 lr20 ■ (quar.). (initial) 12-10 12-27 60c participating class A Traders Finance Class Corp. 12-10 183/4c $1.50 7 12-16 $1 $i 12-16 12-10 $1 ■—I—: Tappan Stove $1 1- 6 12-24 75c Tube Talon, 2%c 1-10 $1 12-20 20c ...—- Co.— 60c Corp. Investment, preferred 12-18 (quar.) 2 12-10 —. 2 50c $5 preferred (quar.) Pennsylvania Water 1- 12-10 12-20 • Securities pfd. 1- 2 12-20 12-24 12-31 (special) $2.10 12-13 10c 3 12-16 — Pennsylvania Telephone, 12-23 70c v/!';■; 4c 1- 1-15 $1 (accum.).. 12-14 7%c 12-28 ... & $6 pfd. 12-14 12-28 12-24 12-31 ; 12* 1V 12-28 $2.50 — 12-16 12-28 3 $1.50 Chemical, 5% preferred (quar.).— Industries, 4% preferred (quar.) Patterson-Sargent Co. Peerless Casualty, 6% preferred (s-a)— Penney l(J. C.) Co.... ■ 12-31 16C 1- 15c com. $1.75 , Corp^.—.. Bag & Paper Factors $1.50 Telegraph, $6 12-11 1-10 37%C —^ 12-16 50c (year-end) Co., /class B (year-end).^ 10c Stanley Works (year-end) $1 Steel Products Engineering Co. 20C (quar.) Sterling Drug, 3% % preferred (quar.) — 87 %c Sterling, Inc. (quar.) 12 %c 250 Stokely-Van Camp, common 5% prior preferred (quar.) 25c Stromberg-Carlson, common (year-end)—.*. /':/;•:/ 75c : 4% convertible preferred 50c (quar.). 40c Strouss-Hirschberg Co. (quar.) Sun Chemical Corp., 15c common $4.50 preferred A (quar.)—.—_— $1.12 Sunset McKee Co., class B (quar.) 37 %C ',. (s-a) 12-10 12-18 — $80c , 2 12-31 5C 75c 12-13 $4 1- 12-31 +25c convertible Standard thefyy: ... 12-10 4c Standard Stoker Co. 12-10 12-27 1-2 5c Co. (quar.) (quar,) Co ;■!., /Year-end 12-10 12-31 . 6 12- 9 Paper Mills, Ltd.- Dredging Corp., Standard 12-14 12- 2 $1.50 (quar.) Southwestern. Gas & Electric, 5% 11-26; 9 1- 31 %c 62V2c Square 2 12-13 150 ——— Southern Advance 1- 12-28 83%c (year-end) (quar.),.—__.i-._3.:—— Salle Street La 6 12-27 $1.25 4% preferred (quar.) Sorg Paper Co., 6% preferred A 4.6% preferred B (accum.) /South 6 12- 11-30 35c —,, 12-18 $1.25 . Co. Co. 12- 12-27 12- $1.50 . cash. — Common 1 I Leather or 12-12 25c $$i.75 — * dividend , $10c — (year-end). Publishing .Simplicity Pattern Co. (extra) uSloan .& Zook Co. (quar.) >■'.( Extra 12-18 12-27 Co. '.Simmons-Boardman ;:12-20 15c common — Extra 7 40c Electric Shakespeare 12-10 12-26 Ltd., (quar.)—— Products, Inc. (year-end) ft Seton 12-13 $1.05 —— iSick's Seattle Brewing & Malting 12-14 1- 2 ; $8%c — .... 1 2 " (s-a) Industries, Stock 11-30 12-20 22J/2c r Inc.— Telephone 12- 4 12-20 20C preferred A (quar.)— Corp. General, common......—„ preferred (quar.).. -■WW* TP99* .$7 preferred (quar.) Selected American Shares. 5 3 12-23 12-16 50c Pacific-American Investors, Inc.— $1.50 preference (quar.) Pennsylvania 12-14 $2 (quar.) $6 agreement, ,•..■:•■?/' & 12-12 $10C Securities 12-14,. ;/ 2-15 15c ' — Electric 12- 5 12-26 10c 5% 11-30 11-30 1-15 / 15c common Co., 12- 5 12-14 75c Williams, Inc. (year-end)—.. Electric, 3.35% pfd. (quar.) .Securities Acceptance Corp,, com. (quar.)... payment of -one shilling on* the ordinary : shares. Payable to the holders of the ' Orpheum 12-15 12-15 12-14 '75c , (quar.).——. Scranton ( A ';•> deposit 1 1 30c 10c f preferred Eangamo 12-13 6% American, 1- 1- $1.75 $1.75 . Safway Steel 12-16 12-15 preferred (quar.)i.——.—$1.50 O'Okiep, Copper CO _i.— .r—.yIB Vic t Works — . Russell 3-15 4- 53y8c > —— Old Line Life Insurance nf America " " 1) — preferred Metal Industries Extra 5 12- 4- $37%c, . common Co. $1 12-23 Ross // Co. "(quar.) i 30c 1 12-16 12-20 Gear Genesee convertible 12-27 1 quar.) preferred Service (quar.)—— ; 6 12-26 50C — Ronson Art 12- 12-10 — 2 35C ■ ...— 12-21 12-7 12-20 (quar.) 11- 12-23 35C ________ //v Extra /— . , —_ 25C Y. 12-14 12-10 ..... (quar.)- (year-end) 12-12 4 41C —. Co. 25c , " Manufacturers & 35c <s-a)„_, , (Ohio)Mquar.) 5c Corp., Rubber, 2 : & V20c Pathe 6, 12-10 12-14 12-14 5c Products 50c Park 12-2,0 2 1- 12-24 12-31 12- 1- 12-21 12-24 12-10 1-. 6 12-26 12-20 37 %c Valley RR. (s-a) ^Rochester Telephone Corp., com. (quar.) 4%% 1st preferred Series A.. Roeser & Pendleton, Inc Rome Cable Corp., common u—— 1-20 Brass, class A (year-end) .''i-PpPr;$1 Class -B(yeai'-end) —..i..>4-*'—-*:■'"•/ $1 phio Service Holding— " ' Metal 12-14 (accum.)— conv.- — „ y 1 12- 2 Extra (irreg.)—————, 12-10 12-20 $15c ______ —..... _____ —. 50c 1-25 12-10 12-13 40c (R. 1- 2 — preferred 12-31 $2 (quar.) Inc. — 1412-21 'Extra.—..._ii_—'$,k 12-10 12-31 8%C 12-31 2 12-26 7%c B $1.10 preferred (quar,)—;. Co.—ii. Mfg. Pacific Public 12-16 12-31 1-25 1- 50o 10c Rieke 12-11 ; 7c A Co. Pacific Telephone & 12-31 —; . (year-end) Clock 12-13 1-15 2 12-16 1-25 25C ——_—- 37 %c -convertible 12-16 1-15 12- 12- 2 2 1- $1.50 ________ —. 12-15 yi-2-' Corp.—7 Research class 12-16 (see Baumonn) Co. Co. Co., 2 1-15 12-16 Stores Motors, 4% —4 Mutual 12-31 $1.25 12-16 12-2i; 2 2- 20c Corp., Ltd. (quar.)..——. 4V4 % preferred (tiuar.). Co., Tool 1- 31 %c —— Tire 12-13 12-20 —........ 12-13 . 6c l-' 2 ' Macmillan Tea 1 $12 %c (quae.)— 25c series. Car 12-31 37% c - (extra) Lytton'S; (Henry, C.). 12- 12-14 v: 1-15 soc common Corp. ((special). stock Trust Pacific '75c — (quar.)——..—— $5 . 1 12-31 (quar.)— .,37%c Loew's (Marcus) Theatres, Ltd., com. (quar.) :-v $$i 7% preferred (quar.)—---—— " $$1.75 Louisville 1 2- 12-20 -r Inc. ' 2- 1 12-21 25c 37% c 10c Loew's, 7 2-15 3-1 50c : — 1 3- '/ 50c ' Lipton (.T. J..), Inc., 6% preferred (quar.) Little Schuylkill Navigation RR. & Coal Co.— 12- 4- 50c i— x__Lion Match Co.;(s-a)—.————. wt Lfpe-Rollway Corp.; $1 conv. pfd. (quar.)_ 12- -6 2 (quar.) com. Rochester Ohio 12-10 12-16 Realty, 12-10 ,7 12-16 12-20 ! Extra 2 1- (quar.) J.) Tobacco, com. (year-end). (year-end): Rice-Stix Dry Goods Co.— • 7% 1st preferred (quar.)— 7% 2nd preferred (quar.) Rlegel Paper Corp. (quar,).. 12-26 1- Service York $2 12-21 12-23 $4 < — 12-16 $1 30c 12-20 Corp.. (year-end) 12-21 Lehigh & Wilkes-Barre Corp. (quar.) ; $2 Lexington Union Station Co., 4% pfd. $2 (s-a) Lincoln Printing (year-end)—— l $1.25 > Lindsay Light & Chemical, 7% pfd. (quar.)_ 17%C ; ,Idne Material Co. (stock dividend) 5% • Linen Service Corp. of Texas, $5 pfd. (s-a)_ $2.50 12-16 2 2 7%c 75c yOhip Associated Telephone— 12-21 12-31 12-16 1- (quar.) 12-11 series Haven 4%% Oil 60c 12-10 2 1- ' Investors York .i;:y; 2 60c ; , 12- 12-20 1- ; 12-20 — Natural; Gas 1, (year-end) Spring Co. (year-end) TJutrine Candy Co. 5(quar.) —— 12-14 $50c 12-16 • 12-11 —- Light, 4% pfd. (quar.). Telegraph (s-a) ; (quar.) North Star Oil, 7% preferred (accum.)— 12-12 12-10 1- i/.: ;B (year-end) (quar.) Electric New 11-30 12-13 12-16 2 50c ___; 12-20 New Jersey Power & Va,)-—. — Co. >. 12-14 12-31* ' Lansing' Stamping Go. ' "-.. Extra: ;(_■ 6% preferred New 12-16 $$1.50 - Lfnlc-Belt 2 11-30 5 2 1- 58 %C —_ (qua|:);;t ,rCorp.r_________3._—_______ A Class 12-13 f, 1- 2 12-14 i ..V 20c — (year-end) Lawyers. Title Insurance (Richmond Common (s-a)' & Steel National 9 12-16 12- 1- 15C (quar.)—.—— Riley Stoker Corp. (quar.) Risdon Manufacturing Co.———, Robbinaft Myers, $1.50 partic. preferred— Robinson Cotton Mills, Ltd. (interim).— Aviation iP- Industrial 5 '•W-. 55c (Ont.) (s-a) Extra ,, 12-21; preferred Reynolds 12-16 1-15 62y2c — No-Sag 80c - 12-14 Oklahoma— $3.37 y2 ; — Ndrthern 10C- Knott 12- 5 41 %C — $3.50 (s-a) common Securities & 11-30 12-14 1st ',." Extra 1 12-16 12-23 preferred 11-30 !142c,< i12-14 Kirby <; .-•> Gas 12-14 42c - —^_^v (quar.) Corp. (year-fend)"—..—— Enameling & Stamping—.. —£ 12-14 J $2.70 . 30c New 37&C : Semi-annually1 • Co., preferred Newmarket Keystone Custodian Stock Fund series K-2— ; 1st Income ■ 2 ;. - preferred Newark -Telephone 12- of Renfrew Textile, Ltd., class A Renner Company (s-a) 12-16 1- 2 12-20 12-14 50c ' 1 25c ' ^ New Brunswick Telephone (quar.) New. Hampshire "Fire Insurance Co. (quar.). 12-16 '75c ' 5% National 12-16 12- - $48c (quar.) common , 12-16 2 12-27 12y2c ~ $1.75 (quar.) National 1- 2 SOC 12- 1-15 12-14 12-12 7%c Class ,12-14 12-15 50c 12-10 '■ Reliable 11-30 1- 2 . 30c , Nestle-LeMur :'v;'vT- $1.25 : (extra) .J.— Kearney (James R.) Corp., common (quar.) V 6% preferred ' (s-a)— Kelley Island Lime & Transportation Co,- $1.50 20c : Company 12-16 12-20 •• 2 12-31 $2.50 $2.50 12-21 - 1- 12-27 ___________ i 12-10 1- 2 25c - 12- 2 (s-al... _____ Rayonier, Inc.^ $2:,preferred (quar.) Reed Drug Co;','common (quar;) Reo 12-14 1- ; 12-16 12-16 $$1.20 12- B '!9 . . 12-14 $1.25 12-13 12-20 30c Extra 6% 12-16 V 12-20 Co., com. (quar.)..; 10c (quar.)—. $1.12% National Rubber Machinery ; ; ' 25c ^rational Safety Bank & Trust Co, (N, Y.)—• 1 : Kawneer ; - 12-16 ^l5c: — Kansas Electric Power, 5% preferred Kansas-Nebraska Natural Gas— ■' .11-22 ; 15c 12-16 $i •1:: 25C . Justrite i; 1- 2 $1, 25c v . (s-a) Paper National Linen 12-14 $1.75 ■ ;. (quar.) Co. preferred preferred //National .12-14 i',1- 2 1 12-27 / —$1.25 National 1- 11- B— National 1- $2.50 $1.50 / — prior National 12- 6 $1.50 Co. Radio-Keilh-Orpheum Railway Equipment ft " (s-a) Lines, convertible 4%% 2L50, 50c . (quar.) Mfg. Co. __—£:":' Corp.,-new common (initial)..._ Nathan Strauss-Duparquet— .,v>( 6% convertible preferred (quar.).. 4 James River Bridge System— . (extra) Nachman 12-12 12-14 " 12-16 1- <"11-26 9 1-10 75c — (s-a)__;_.— preferred (quar.) Queen Anne Candy; (quar.) 7/ 12- Murray-Ohio 12-26 12-24 1- 2 , .$1.75 Murphy Paints, Ltd. ' 11-22 80C Vfo !j 12-12 ; 20c ... —56.y4c (quar.) (quar.) Telegraph Munising 12-14 ;.:4 30c Z2o /!:> ^Island Mountain Mines Co., Ltd. ( 2 11-23 1 12- Interstate 5 12- 12-16 12-W 12-31 SOC (initial). $4 12-10 Vernon-•Mortgage, preferred 3% 12-20, Vernon-v™OT®erry Mills, Inc.— • ^'(j; Common (Initial) —...$4 '% 12-20 112-10 1 12-16 Mount 12-12 12- 2 12- Public Service Mount 1- 2 1- l- 2: 60c (year-end) - 1 V 1-14 ' $$1.S0 Department Stores Investors Management Fund (year-end) Investors Mortgage Co.. (Bridegport) (quar.) 5 12-10 ,1-2 12-23 12-10 2- 1 , $8%c •' ; 5%- pfd. A $6.75 " 50c *• 12- 12-10 12-24 ">12- 9 62 %C (monthly) preferred (monthly) preferred (monthly) 7 % ,25c (accum.) 2 12- 12-20 . 1-21 $1 preferred C'- 6% ; ,r- 25c 1 2 15c (quar.) preferred 5% 12-16 1-15 2 1- Public 12-12 1-2 7 1- 25c ■ A Midwest— Moore-McCormack 12-10 12-19 $$1.25 Safety Razor, class A— Shoe (quar.) Silver, 7% preferred (quar.) International ,Inter-Ocean tmc • _• , 1st preferred (s-a) International preferred Montreal 12-17 12-30 12-13 12-27 1- 15C 50c Provident Loan ft Savings- Society of Detroit Service Co. of Colorado— 12-13 .10c ,, 12-12 12-10 (quar.) & 2nd 12-16 j. 12-16 10-16 6 1- 2 (quar.)..... Industries ' ' of par) Power 1- $3 12-28 12-20 12- 50C Fropper-McCallum Hosiery, 1st pfd. 12-14V 12-20 1- 2 10c Style 12-11 12-21 12-23 12-14 1-2 1-15 2 1- 1-2 . 60c _ (quar.) . Paints, International ^ 6% ft: Coke Co. . (year-end) . 8% : 12- 0 & 1- 11-15 $1 . 2 1- 2 12-13 50c £ Lambert, Inc. (year-end) Progress Laundry (quar.) 12-28 75c -s. Assurance Portland Montgomery Ward & Co. 1-15 . 12-14 $1.50 (initial) 12- 3 1- 35o Life Monolith Class $1.03 Vb 2 20c L common— (quar.).„—: Light, 7% pfd. 1- 2 45c 12-14 30c (accum.). Minnesota- Valley Canning, class 5% preferred (quar.)... 12-14 12-16: Co.^ Pratt 2 1- $1.75 Co— preferred Portis 1- Fuel 12-13 12-13 $1 ' ? ... (quar.).... Co., class B (extra) (H. K.) Co., common 12-20 2 $1.75 ^ Co. 12-29 1- 15%e (quar.)... (quar.) Mfg. 2 2 15c Year-end 5% 12-10 ."i 12-20 • ' J1.50 Corp.—. Corp., $1 conv. pfd. Gas 12-31 75c & Porter 11-27 1-20 25c V. /• Minneapolis-Honeywell Regulator Co. 4 12-30 40C , 12-10 $1.50 , Poor 12-16 2c ' — Cement, 6% preferred A— Food, class A (accum.)^. preferred Milwaukee 11-22 12-31 Oil Miller-Wohl ; 6 1 West Monarch (increased) (s-a) 2 15c —. preferred Midland 12-16 .12- 12-15 12- 6C _ com. 4 % Middle 12-20 > 1-10 50c > 1- Pocahontas 2 1- 2 15c , 12-11 $1.18% (quar.) (quar.) Copper Co. (extra) ; Michigan Asociated Telephone—1 6% preferred (quar.) Michigan Bumper Corp. (resumed) Michigan Seamless Tube—.-..—.——. 12-10 12-26 . , Co. Miami 11-30 : 65c , ; & Mergenthaler Linotype Co. (irreg.) Meyer-Blanke Co. (initial quar.) Extra ; *..ir;,v.'.„ J v Johnson *;• 12-14 1 50c . preferred 12- 1- 2 , $1.50 -Extra -1 12-16 : • -■ 30c Megowen-Educator (Wis.)—. Indiana Gas & Chemical Corp.— $3 preferred (irreg.)_; Indiana & Michigan Electric— •' Plymouth Cordage Co. Medusa Portland 12-14 ' 20C ,.37%c , (quar.) Indianapolis Power & Light, 11-30 : 12-16 12-16 $i preferred 12-10 Conveyor Co. (quar.)—, Navigation Co. (quar.) Extra ,12-16 ; 7% 37y2c ■ .. 11- 12-23 1j ——.—, Plume & Atwood , (quar.)^_. , 12-20 40c (quar.)i__— Chemical Co. (year-end). Pittsburgh Fort Wayne & Chicago Ry.— Common (quar.) , 12-18 Plough, Inc. Mead 7 1- 12-26 37 %c ___ (guar.) Imperial Chemical Industries, Ltd.—. American deposit receipts (interim) Independent ' Pneumatic TooL. ' 2c Fund Trust •' Pittsburgh Coke ft 7, 12- I- 12-10 12-14 . , 12-19, Common 4 1 $1.50 Telephone -preferred 12-10 1- $1.50 . 12-20, t , $1,12 12-16 Matson \-.i 1- 1 :\7%c * 1-15, ; 37l/2c — 50c s 12-30 . : ..... H5, • 12- 5 2 1- 50c (quar.). (year-end). 12-10 2nd ^ Hartford Pilot McBee 12- Co. 12-20 $1 Pinchin,Johnson Co., Ltd.;— y '.<> American deposit receipts (interim) Fashion Mills 12-27 12-16 20c 12-10 12-24 Mathews 1-16 12-16 Governor '12-20 $1.12% _____—. (quar.) 12-14 Full 12-27 5% —__ ——i 12-2^ 12-10 2 Co. of 12-24 12-10 1- Pierce Holder• When Payable of Rec. $1 —. 12-31 (" —*!.— preferred Extra / 1-15 Co.... C.12-2Q: $1,06% Per • (year-end) Company, 6%1st preferred (quar.). $1.50 (quar.) 10c McBryde Sugar Co., Ltd_ «; 20c McColl-Frontenac Oil, 4% pfd. (quar.) t$l McGraw Hill Publishing r(year-end)r 25c 5 i 7 2nd Corporation 14c 12-24 5c __ 1-31 , $4. non-cum. 37c 12-24 $1 __ Commercial-Telephone Co. $4.75 12- ; 2- 10c ___ ____ Hydraulic Press Mfg. Co.,. common Illinois 12-18 $2 50c —^ (year-end) Investors 25C (quar.) preferred Phoenix Insurance Investors 25c. (Initial) Hussmann-Ligonier. Co. (extra) Huttig Sash & Door (quar.) convertible Co. Massachusetts $1.75 ;X, (quar.).. Hotel Gibson: Corp.; common (year-end) 6% non-cum. preferred (quar.) 6% Oil Massachusetts 25c Motors 12- 12-14 12-20 $17J/2c 11-20 45c _____■' Electric Philco (quar.) 11-20 9iy4c ___________ Howell 12-14 Drydock, common (quar.): preferred, (quar.) 'ml——_— 2 43 %C ?>' $4 preferred (quar.) Hoover Ball & Bearing <quar.)_*_ Hoskins Manufacturing Co. (year-end) i.-.,*,-: feiV ,. 12-14 1- $20,c 2 $1.50 B -(quar.)— Highway. Safety Appliance, Inc. Hollingsworth & Whitney Co Extra 1- 1 (quar.) preferred ■;>: 4%% Mascot .. —___— . •l 12-23 $2 75c 12- 25c , Oil 50c Telephone & Telegraph, Ltd.—,■ 12- $1.12% J.) . 7% 5 25C ,. Co., com. (initial quar.) .... 3.65% ' preferred ; (initial quar.)___ Helme (George W.) Co., common____.___.i_ 7% preferred .(quar.) ___ j) .Hercules Motors Corp. Hickock 12-14 (quar.)__ 50c • (quar.)., Hawley Pulp ;& Paper, $6 preferred Hearst Consolidated Publications— • 12- 12-23 — (s-a)'__;LUIt£i._.;__ ■■ ,12-16 5c 50c Philadelphia Dairy Products— Common (stock dividend)..... $4.50 1st preferred (quar.). 60c « 50C Perkins Machine & Gear 2 .•»• (. Extra 12-13 40c ■ Share 12-12 Maryland 5 ' & Class < 12-12 } 37%c 12-12 preferred-(quar.) Common . , ( (quar.) 2 (quar.) 40c preferred (quar.) Cooley Go.__ Hat Corp. of America, class A (s-a) ' v Field % ,12-10 12- Sons ■. ,, , Co. 12-19 (quar.)^_ & Stove 12-19 —, Maritime 12-18 12-18 (M.) Perfection 12-13 30c Extra / > 12-11 ,12-16 1- Nfime of Company of Rec. 1- 2 ! 4 Holders 30c (quar.) preferred— preferred Marshall 12-16 12-28, When Shyre^ Payable common— Extra 12-10 2 2 12-16 , ' $2 ;convertible 'Hart 2 non-cum. 8% 1 Marsh 12-10 1- 65c 12tec Per' ' — (N. Y.) ^ Midland Steel Products, 12-10 12-20 15C ■ . " . r-' 5C 12-10 1- 2 ticI, ' .: 15c Extra 12-13 2 1- ii, ■, Marine Midland Trust 12-13 1- _ _____ 1- i '1 • Company 12-16 12-27 • ". 30C ..$1-75 ' 50c _ • ' i . Marine ' Midland $2 $i __ preferred V, 12-21 1- , )->;/, Name of 12-16 1- 25c (quar.) Great Northern Iron Ore Properties Bene¬ ficial, interest (year-end) ' Great Western Sugar Co., common 7% 12-16 93%c - (quar.)**.. Grayson-jRobinson 12-26 32 %c (quar.) Stores * m Holdera Payable of Rec. '(< ' 5c 2997 " When Share . (resumed) J & FINANCIAL CHRONICLE \ Class - 4%% A B Corp., (annual) (annual)— preferred (quar.) Ltd.— (quar.) — — Monday; J December: >9, 208 South La Salle Street Corp. '■ Co. 2 1- 3 7 preferred 87Vic li (quar.) (quar.)____ $4.50 preferred United Carbon Co,,- (quar.)_ 15 15 1-31 4%% 12 20 S. (qvar.f-_; New/Jersey. RR. & Canal Freight Co. ^year-end) 50c 20 12-12 S. Lumber U. S. —:. (quar.)__— American • 11-15 1-15 12-31 3-31 Gas 12-16 11-20 12-16 11-20 American: General .Insurance • Quarterly '.' ____L7. American General Corp, American Hair & new Felt, (initial) com. 2 12-20 71- 2 12-20 1- 12 %c / 11-29 12-27 50c _ (quar.)____ common 50c _________ , , 2nd preferred $6 Hardware American Hawaiian Iron Dorn Vapor Works !_ (quar.) 7777 Car Heating Co. (year-end) Viau, Ltd., 5% preferred (quar.) Victor Chemical Works, com.' (year-end) 3%% preferred (quar.) 1 WJR The Goodwill Station, Inc. Vulcan Corp., $3 American Ice Co., Mold Steamship Co Wagner (quar.) Baking 10c . 7; (year-end) Corp. jWard Baking Co,, common ^ -S% preferred .(qyar,)_ -Warren Brothers Co-.-^class $1.35 A (year-end) 2 t (quar.) ■775% 7 B (quar.) Class C. 7% ; 1-15 ___ 7% Wiebolat Stores, Lovett & 6% Inc., preferred $4.25 pfd. (quar.) (quar.) _ Wisconsin Michigan Power, 4%% • Woodley Petroleum Woolworth 12-14 £>12-10 12-24 : 12-10 771-- 2 H12-20 771- 2 & 12-20 20c 12-10 12- 2 $1.12% 12-15 11-30 /7 10c 12-28 12-12 r" :• $5%c 12- 7* (10-30 25c ; f 12-10 112- 2( 3c ,7/ 50c 71:7 75c $1.06'A Grocery___ pfd. (quar.) (quar.) Co. /__» (F. W.), Ltd.— American deposit leceipts 6% preferences World Publishing Co. (quar.) Yates Machine American 12l/2c Co 1- 2 Per Company Extra __1 ' Share ' i' . Laboratories., (quar.) % __— When 12- $1.50 Republics Rolling Mill Co., 4Vjj% pfd. (quar.) Common Class 5% A preferred $25C 1- 2 Class • „ A 12-12 • IS . ;12A 2 12-16 12-2 ; - Stores American fi 2 12-16 (quar.)__ 25c Tobacco pfd. (quar.) (quar.) .,77 25c 5 Apex 7 12- 7 $1.06'A-' 12-31 12- 11-29 $$2.50 AUes Stores & Alpha Portland Aluminum Common ;; 6% Aluminum :• Arlington Co. American Bakeries conv. pfd. (quar.) Co. V, . Can & 2 i 7____ 7 30c 2 12-16 1-2 12-16 40c 1- 2 12- 2 12- ' 25c 1- 2 12- 12-31 preferred (quar.) 7% pfd. (quar.) 7% Foundry, Casualty (Reading, Co. Pa.L— . 9 preferred Chicle & 12-20 12-31 12-20 1€-31 12-20 $2.25 $1.75 $1.75 (quar.)_ common 11- 1 2 12-14 ; 12-20 12-18 12- 4* 35c 1- 2 12-16 12-20 12- 5 $1.25 (quar.): Extra 12-16 12- $1 (quar.)__. 12-14 11-30 5 50C American Cigarette preferred & (quar.)___. American "Cities Power & class A common (opt. 12-14 11-30 $1.25 12-14 12- $1.50 Cigar, 12-31 12-16 2 series) of A 1936 Cyanamid . Special 5% preferred •American Co., common 50c. 1 50C -'12 %c (quar.)_____ District Telegraph 25c (quar.) ^'$1(25 12-14 1- 2 .12-28 1- 2 12-14 11-29 12- 2 (increased Associated S"' 1 12-31 12- 2 11- 8 25c 12-14 12-14 10c 12-20 12-23 Associated 77 $6 12-31 12-10 12- (quar.) ' . 12- 27 12- 2 Buck 12-27 >P, 1- 2 12-10 1-23 ,7 12- 6 93 %C 12-14 11-30 25c .1-2 12-16 1- 2 12-16 1- 2 12-16 12-16 12-8 ,'i 80C '7 7% 25c 1st 7 12 %C/ 7 Class 15c 12-16 7 12- 2 $1.06'A 12-14 12- 9 30C 12-10 II-27 7 (quar.) / 40C "5% Atlanta Atlantic 12-27 Gulf West & Indies preferred non-cum. Refining Co. Imperial Diesel Series A preferred Powder Automatic $1 12-21 S. 12- 7 12-12 11-30 $2.50 37y2c (s-a) 12-12 11-30 12-16 11-21 Engine— (quar.) 56y4c 12-30 Babcock 12-10 7 11-20 55c & Wilcox* Co.___.— 2 12- 2 Baldwin Work? Baltimore Porcelain Steel, 7% 1-1-47 12-10 12-10 50q 12-20 5 12-15 11-29 v 11-29 • 12- 7 12-21 12-10 12-20 12-10 75C 12-23 12- 83Ac 1-2-47 $1 25c (year-end) pfd. , ■ -JJ Creek Oil (year-end30c Co.: - ___ (quar.)__ ' 9 12-10 , 1246 12-10 _ 12-2® 1-2 $1-25 (quar.)— preferred 11-29 11-1S Forge . ; , Co.— Dry Ginger Ale, common (quar.)_, preferred Foundries 6s Forgings, A (quar.) Class Breweries, Canadian Canners,. Canadian Cottons, C% preferred Ltd. Ltd., Ltd., (quar.) 12-1^ {^"1^' iz- # ; . {2-" 12- U 12- 2 11-10 .{2-31 }*•{»• -124® , it* g 12* T h _ 1-2 12-12 j. 11-2© 1- 2 iz- O }l-2» 12#- 2{2-^®; .12-1»^ _ 12-16 12- S 12-16 1246 12-16 12 ■ 5P / 1-25 12-20 12-20 12-1# {{-{IT' 11-1®! 1-15 1- 2 '$$1' 1245 -J 11-30 (quaf.)—$37%d 1* 2 11-30 Wire 6s Cable, Ltd., class A Canadian -. it* ■ & - Canada • U*B| 12-21 Ltd.— *37%c Class B (year-end) ; _____ $$1.50 Canada Malting Co., Ltd. (quar.) $50c Extra S50c Canada Northern Power, common (quar.)— $15c 7% preferred (quar.) —_____—,$$1.75 Canada Permanent Mortgage Corp. (quar.)_ $$2 - 12- « 12-20 —$10c .12-20 (quar.)— 15c 1- { $1.06JA 1- 1 (quar.) {1-26 }2- 2 12-1® ;; 1- 2 50c , Stone {2-20 • {2- Z convertible Crushed ,11 124«, 1246 -/25c 25c — — ; -' Corp Locomotive 12- 15c.. * ' 12-10 12-20 25c 7 (increased quar.)_l • 12- 1145, $4.25 11-30 12-20 10c common 12-14 25C (year-end) Machine Badger Paper Mills Building iwi»| Canada 12-16 50c 6c Alarm Voting 12-10 12-10 12-16 Canada Company Fire l-l» L.) Company, common 25c preferred (quar.)___.—93%o Silk Mills, Ltd.—____________ $30c Canada (quar.) Corporation, 1-31 • 7 '* 7 '' preferred (quar.)____ $34%c Campbell Wyant & Cannon Fdy. (year-end)50c Canada Bread Co., 4%% preferred (quar.)- $$1.12% Canada Cement Co., Ltd.— %/ ' ■ New ($20 par) pref. (initial quar.). v $32%0 Lines- S. H-2» l-i» 90c 5%% 11-15 Dfd. (quar.)_ 12-23 12-13 1-31 Camden 11-15 12-12 (year-end) Atlas Automatic 12- 12-12 $1 ' -iw 10o 90c Year-end 5 12-12 $2 V 7?-''7 common Atlantic Aviation 1 5 3 n5-1 ft $25o % 1-15 —7" California Water Service Co. (quar.)—____ Calumet 6s Hecla Consolidated Copper— 1-31 2- RR Greyhound Corp., 4% Atlas 3-3 12? / io"m12-16-^ 15c /, (year-end) preferred (quar.) 5% 11-30 $1.50 ; 11-30 $2.50 $2 (Conn.) Atlantic 5% 12- 12-16 12-16 $3 Point Line Atlantic Coast Line RR., Atlantic 12-31 10c 50c preferred (s-a)__ West Coast 11-30 7 10c (year-end), & Sante Fe Ry., common- & 11-30 12-28 . 11-27 ,12-28 $1.54 ; '.M.W ' V ' " •' ^ V Topeka non-cum. 712-10 $1.32 ,7__ preferred B Atchison for ^ . quar.) (accum.) Associates Investment Co. (quar.) Astor Financial Corp., class A (year-end) 7 7 59 %c $25c 7/ 20c 12-14 Bucyrus-Erie Co., common (year-end)—;— - / 40cy 12-16 7% preferred (quar.) ,$1-75 1- 2 , Buffalo Niagara Electric, 3.6% Pfd.. <.quar.)_. <n90c 1- 2 Buffalo Bolt Co. (quar.)_____________-«i 12%c 12-10 Building Products, Ltd. (quar.) _____— *25o r 1-2 Burgess Battery Co._ -7 25c 12-12 Burlington Steel Co., Ltd. (quar.)— ^{5c 1 1- 2 Burroughs Adding Machine———— 15c 12-10 Bush Manufacturing— ' >• . 4j/2% convertible preferred (quar.) 28%c 1- 2 Bush Terminal Buildings, 7% pfd. (accum,) $1.25 140 7% preferred (accum.)______ : $1 / 12-16 Bush Terminal Co., 6% preferred (quar,)_. $1.50 1- 2 Butler Brothers (year-end)—;v—_—______ .;,/. 50c 12-28 Butler Water Company, 7% pfd. (quar.).. $1.75 12-16 Butterfly Hosiery Mills Ltd., common (s-a)_ t25c 12-15 / 7% preferred (s-a) — $$3.50,;.. 1-31 C. I. T. Financial Corp. (quar.)* 5°C-.r 1-4; California Ink Co. (quar.) ___ —__ 50c {2-20 California Pacific Utilities, com. (quar.)___ 45c 12-16 11-25 $1.50 (accum.) (year-end) *" • l^-i© Buckeye Pipe Line Co.— 12-13 12-27 f ... Common $5 11-30 $5 —, }HJV ' 12-16 1-2 (350 (quar,) 124^ 1- 2 ' 1^-1© (E. Bruck 1 15c Co., Ltd. Brunswick-Balke-Collender Co,— /- 12-18 12-16 50c Gil American 3%% 2 12- ii-d» . li-aar,/ 124© W-l© l- 2 ; / US 11-23 1 1- $1.25 (accum.) 30c : 50c t' (quar.)____— ■ 11-27: 1-16 933Ao /— - Bruce 12-20 25c $3 Telephone & Telegraph-— 1st preferred 4 • , 12* 77 ■ ;42-10 - ordinary .'.2-14 (initial) preferred (s-a) - /12-31 62 %c ! . 1- 4 1-31 12-10 * , 12- 7 registered (final) ______ Broadway Market Corp. (resumed)— Brompton Pulp 6s Paper Co., Ltd. <quar.)_ Brooke (E. 8s G.) Iron Co. (quar.) Brown Shoe Company, $3.60 pfd. (quar.)___ $3.60 preferred (quar.) • 12-31 1 $1 t 11-15* -12-3 Celanese, Ltd,— s American deposit receipts 1-21 2- $10c (quar.) Spring ! 7 Extra 7 Bagley 12- 1 1-31 2- $15c (quar.) ' (quar.) 6 7 $$1 \,7 Colortype Co. (year^end) American 12- 12-20 " 7' *> 12-20 °yrTf■?r""!tt■' Ba"k K"te C0- 7 12-9 . *2-10 it-ia. 12-16 / British 25C. ■fa of "a share of B or cash American- 12- Power preferred Monthly B/G Foods, Inc. Light Corp.— dlv. 12-23 -12-19 JJ"?? 1- 2 12-30 $1.25 British JI/' $2.25 , Company Common 15C Cable, Co, 12-31 ■ .; Chain class convertible prior preferred 4V4% 12-20 25c 7 ■ 3 3 12-14 6% preferred (quar.) (year-end) (111.)— Mills & /"(/Common 9 /. _______ 1112- . 9 1- -.- 75c (quar.) 12-12 12-30 777 12-1J ti i 12-31 com. new : preferred A 7 1-15 ' 9 7. 70c i, $1 1- 7-i$2 10c > 12-10 12- 25C Quarterly $2.75 1- 5* 1-16* B " $1.75 Armstrong. Cork Co., common $3.75 preferred (quar.) Armstrong Rubber Co. (Conn.)— Class A (quar.)_i. Class B (quar.). 7 4%% convertbile preferred (quar.)__ Arnold Constable 'Corp,___'____4. Ashland Oil. & Refining—, 1149 (s-a) Co., Car 6% 75c $6 11-22 25C American American 7:12- 1-31 12-14 / ; American 5% 12-20 5v V : preferred American 12-10 12-20 B' American 11-20 1 12-10 . Extra 4%% 1- 50C common preferred (quar.)___ Bemberg, common Class 11-15 12-10 25c 7 Note, Extra- - 12-10 /70c (quar.) American ■f ; 12-23 5* ___ (quar.) Year-end $% 12-16 40c , Extra . 12-31 ,7 15c (s-a) Chemical Corp. Agricultural : 12-23 12- Arkansas-Missouri 2 1-20 50C = (quar.) Holding Bank 12- $1' i American American 12-12 12-12 ,7 50c i (irreg.) i Amalgamated Leather, 6% Amerex 12-27 $1 $1.50 Industries 12- 12-1* (quar.)——;—7,^0o Bearing, 33A% participating preferred (quar.) Brillo Manufacturing Co., com. (increased)., 12- 5 12-15 Arkansas Natural Gas, 12-12 «. Goods Manufacturing Aluminum 12-24 1- 2 /-J"/2 Jjlf Corporation $58.50 (quar.) preferred 12-6 of America- (quar.) Extra v • $12 . 12- © ;v':J2-U 12-20 «3 $1.75 Extra , 12- 2 11.50 common 12-27 40C _ Co., 12-20 35c (quar.) preferred Edison 15c (quar.) Cement Mills, 6% 11-29 (increased) Company 12-16 Special Arizona Armour 11-29 r 11-30 1- 12-16 , $1 . : Arcade Cotton $5 1-10 12-20 $$1.50 Applied Arts Corp., new com. vS 7 12-14 1- 2 ^ $1.25 $1.50 Bristol-Myers Corporation— (s-a) 1 Co. Inc. 12-10 $1 Ltd Ltd. $1.50 : ■ Mfg. 2 $3 __ Inc. (quar.) Co. (quar.). 12-12 W- -$L Corp.. Fisher, :(Allis-Chalmers Smelting .Extra 7 12-21 80C AS A,'. (s-a)_ 11-30* 1- 1«-1A' 12- £ 12-» 1-2-47 : ■■' .■ 12-1©/ Inc. (quar.)— . 50c 12- 2 (year-end)—, 40c / 12-10 Brewing Corp of America (quar.) —_ 62 Ac 12-10 Bridgeport Brass, common (quar.)__! 15c / 4* 2 / 5%% convertible preferred (quar.)—..— $1.37y2 :12-31 : Bridgeport Gas Light Co. (quar.)———T__ /// 35c 12-30 Briggs & Stratton Corp. (quar.) 25c 12-18""' 12-20 2 Extra ' Breeze 12-10 12-20 1-2-47 1- (quar. Telephone, ■ ll-2» Brager-Eisenberg, 1'12-16 $1 5 12- 12- 6 50c 12- 1-2 12-21 2 12- 1-15 7/ 12-24 12-21 12- ; 2 $1.50 Extra 12-24 25c: 7 pref. Corp., $1.05 37V2C Roller (E. J.) & Sons 5* 12-13 . —, Brach 12- 4 12- % (special)-.//$1.75 (initial)— * 50c Hose & Rubber Co. Woven Bower 2 r —— Xommop Boston 2 - ' .75o■' 40o & 11-29 1- ; 30c ■ / 5/ 87%c Co._i—1«« Scrymser preferred (special) 12-16 * 1- 7 53VaC (resumed) (initial quar.) common preferred Anglo-Canadian 2 $1 (resumed)-— Products, Inc.— 7 . Aqglo-Huronian, 15c Inc. prior 1- 12-14 - 7/ 75c _____— Albany RR. Co Boston Elevated Railway (quar.) —Boston Wharf Co. (year-end) -——_ Boston Woven Hose & Rubber Co.— , ^ 7 7 1- Mining Copper Anglin-Norcross 12-13 12- 12 %c Cable-.— & $1.50 Extra' Mills, 6% 12-16 12-31 Company Boston 5 $2.25 (clears arrears) 11-30 9 12- $1 Metal, 7 $1.50 Steel Corp. (year-end)__ Algoma Steel Corp., Ltd., 5% pref. (quar.)_ Allen Industries, Inc. (year-end) Allied Chemical & Dye Corp. (quar,)__, Allied Laboratories, Inc. (quar.) Allied 1- 2 12- 12- 5 6 2 1- $1.25 preferred Anneuser-Busch, Allegheny-Ludlum Allied preferred g P 1- 20c Power Co., preferred 12-28 77Ka7 35c prior convertible 11-30 ___r' participating 4'A% 12-:2 75c Southern Great 12-16 12-15 12-6 $1.75 (quar.) Co., 5% preferred (s-a) Tobacco Co., 6% preferred (quar.) Turf Association (year-end)_ Vitrified Products, pfd. (quar.)_» Wheelabrator & Equipment— Anchor Post 12-31 12-27 50c preferred Andes 15c RR. ordinary___— preferred 4.20% preferred (quar.) Alden's, Inc., common (increased quar.) 77, ■ Extra - \ 6% 25c (quar.) 7 $3 preferred (accum.)/— Borne Borden * : 12-15 56yiC -: (F."eT~Co„ Booth 12-10 1- 2 30c Co Sumatra Anaconda Wire $1.25 • Inc._____ Stores, /'Extra " 12-10 $1. .(quar.) 11-29 12- 7 $1.75 (quar.) — Inc. (quar.)____— Anaconda Copper Mining (year-end) 12-lfi (extra) B 12-28 $3 ■■■./'- —— Foundries Steel Ampco 7 Bond (extra) (year-end) Borg-Warner Corp., common 3%% preferred (quar.). . American 12-19 12-20 7 12-107 2 7' 1- 2 /•'v'7" 50c Co., common (quar.)__ 7 $1.50 preferred (quar.) American Stamping Co. (year-end)_ 32 %c American States Insurance (Indianapolis) — 77% 1-10 1- $3 . 6% American 12-16 35c V, convertible preferred, (quar.) Alabama 1-15 12-19 $1.73 American Snuff 2 2 Class it* $1.50 12-24 —^1- 2 — $1-50 12-16 / 75o 12-16 & Brass Corp.— class A Co., Bon Ami 11-15 12-16 25c . ^annual) $3 preferred (annual) & Refining— Common .(year-end) 7% 1st preferred (quar. 11-22 11- 1- 15c • 5% Alabama 712-16 50C' (quar.) common, American Smelting 7% 12-16 15c preferred (quar.)_ Agricultural Insurance Co. (quar.)___i Special Air Associates, Inc. (quar.) 1-15 $1.12% Co Co., (annual) $4 15c Aetna-Standard Engineering Co. Bohn Aluminum 500 Service • ■::i: 5% 12- ' Seating American (initial) American Woolen Co., 75c (quar,) Special/'- 11-22 12-18 4 2% 12-10 * * W.) Company— / //: Bliss (E. J* 12- 2 ,11-26) 12-16 II-.18 80O //12-10-..1.14W,:.. •*. ■■;Year-end 11-30 12- 6 .• ** 12-28 — 12-10 1- 12-20 11-3W 12-28 12-16 4- 2 150 " * $2.25 convertible preferred (quar.) > Bloch Brothers Tobacco, 6% pfd. (quar.)—7 : 7 Razor Corp. American ; $$1.25 7 ... A Addressograph-Multigraph Aetna Ball & Roller Bearing. Co.— Common " A (quar.) Acme Steel Co. (year-end) Adam Hat Stores (quar.) 4 Common Ltd.— participating (quar.) preferential 7 12- Surety Co. (s-a) / American. Telephone & Telegraph Co. (quar.) American Thermos Bottle (initial) Acadia-Atlantic Sugar .Refineries, c 2 Corp (increased) American Safety American ■;-V:85c 7 f 12-24 ;;7'12-; 3'/: — 7 ; _ 12-15 ,7 3E7Eiectrio—1 25c American American 3 4 $6.25 ; ; (s-a) preferred Co- Blaw-Knox 12- American Holders 12-24 ' 6%: 712-16 (interim)/.. Ltd. Mines, River Blackstone Valley Gas 7 12-16 12-27 $3 10c 10c American Sugar Refining, 7% Payable of Rec. 50c 12-16■ 7/1* 2 Common American 4%% Name 0} 2: 12- 1 12- 1* ,0 ,12-18 1-31 50o (resumed). $5c Berghoff Brewing Corp,_^—25c Bethlehem Steel Corp.. 7% preferred (quar.)///$1.75 Birmingham Water Works, 6% pfd. (quar.) ',; f $1.50 Blackhawk Brewing Co. (quar.):—______ ' ' 10o 6 $1.25 American Thread /. 12- 11-30 » RR. Home'Appliance Berens Sanitary—.77 Radiator & Standard American Abbott 1- 12-27 ,7 750 ,777V75o7 & Quarterly give the dividends announced In previous weeks and not yet paid. The list does not Include divi¬ dends announced this week, these being given in the preceding table. 40c (quar.)____— Chemical, class' A____«/ : 12-16 $1.75 IJ-Jo-' 1*"^® 'JWJ- . Beneficial Corp., $6 preferred (s-a)_ Benton Harbor Malleable Industries (resumed) 12-10 ♦ Creek Bendix 12-31 12-31 12-14 7 11-21 _.__7I7' 77.7; 50c * 25C -1-15 -•./I- 3 (bi-monthly) 7_^-7, I- 3 J***.: 7 82 V2 c •7 1-15 / __________—_—.: American 711-29 1-15 > 4 25c / 12-10* 12-10* 12-10 97y2c ;.7: (quar.) 12-10* 1- 2 / 1^- Co. (quar.) 50c :;l-i 2 > {2-6' Co. (quar.) &—_ //S:** $1 $??lm 2 13" Belding-Corticelli, Ltd., common (quar.)___ $$1.50 1-, 2 ii-jo7% preferred (quar.)__l^_—$$1.75 1- 2' ; 11-30Belgium Glove & Hosiery Co. of Canada, ' ?: J//,_ Ltd., common .-'(irreg:.) ^i__7_V_^^L_^:/''7:;.$150/ J" ® 77 7 5% preferred (quar.)__ —, 1250 1- 2 Bell Telephone Co* of Canada (quar.) $$2 ,*io -Ht* 11-29* 2 1- 2 20C ' Light, $5 pfd. (accum.)_ v $6 -preferred (accum.) American Public Service, 7% pfd. (accum.) 7 12-16 we /7 common— —— Class B American Below _____ Co. & Potash American Power ; 1- J !"-?®>7 Beech-Nut' Packing 12-16 12-10 12-^ common Ties__4 Brummell Beech 7777.S -'.' 1-2-47 •v.-'.s''':*"35c: $1.75 Foundry, (quar.) (quar.) preferred American ... ;. 50c & Machine American Optical , Winn > (quar.)7— prefertjed Extras /- ' , White 12-16 1- _7 7 31V4C common American News Co.; com,: -v _ Co., American'Meter' . Greenland Oil (quar.) Motor Co.. (year-end) 2 Beau (quar.) Machinery 3.9% preferred Amerjcan Machine; & Metals ___ Westgate 12- 2 25c American . *"■ 2 Bayuk Cigars, Inc., new com. Extra _.7.„ 12- 10c 12-^7 500 (resumed)- J / ;l 25c 712-20 12(initial quar.) 77/ 25c 12-14// Jl"2*' -___ 50o ;7 12-14 -L r-. "12%C ' 12-16" 12- Z> Bath Iron Works Corp 12-15 75c' „„J 1-7-47 20c 7 _______—— 2 12-16 $1.50 : Extra ... .____ (quar.) Co. 12- ' mm- Laundry Locomotive (year-end) Oil preferred American 62%c f 2- 1 1-15 50c ji 12-23 12-14 //^'/j&QcdO 12-10 12- 6 Wayne Screw Products (quar.), $•:* 1* 2 12-30 Special .___/ ? 7uo"6ci 112-10 711-30 Wellington Mills (year-end) _'__„___-v___4._,:^i.V>o$10oui.l2-13 ' 12- 6 West Jersey & Seashore RR. (s-a) $1.501- 2 12-14 West Penn Electric, class A $1.75 7 12-30 7 12-16 77. 7% preferred (quar.) $1.75 2-15 1-17 6% preferred (quar.) $1.50 2-15 '1-17 West Penn Power Co. (year-end) 45c .7 12-24 /■12-10 4%% preferred (quar.) ■_ $1.12% 1-15/12-20 7 West Texas Utilities, $6 preferred (quar.)__ $1.50 5/ 12-24 12-12 Western Grocers, Ltd., class A (quar.) $37 Vic/i 1-15 712-13 $1.40 preference (quar.) $35c 1-15 1243 7 Class Washington 7 7 (year-end)(111.)— ^77/77.77 Corp. American 12-16 12-16 • 80c 12-28 i 1- .2 '77 .rilriflW 7*; 33%c 2- 1 —•--/ $1,37.% 1-2-47 50c Bausch & Lomb Optical, tempo- Del.— 7 preferred (s-a)_ prior American Investment Co. 12-13, 12-13 12-14 _____ preferred-;— non-cum. Convertible American Insulator 12-16 75c 12-23 $1.75 7 1- 2 90c ,'12-24 preferred (quar.) Waialua Agricultural- (year-end)_ ? 1- • dividend common 11-29 12-14 7-75C w'w 12-14^ - 6 American Insulator Corp of 7 , (accum.) 7% • 7/ 6% 12- /v.! (resumed) common of 12-20 3 : 777 rarily enjoined, due to court order $3 $$1.25 50c 7 12-31 -12-21 • 87Vic 12-31 12-21 '77-. 30c 12-12 12- 2 v . 75c 12-31. y 12-14 $1.50 1-15 12-31 Iron & Payment 11-29 12- 2 12-20 ___'■ (initial), prior pfd. conv. preferred $4.50 Vulcan 12-13 12-10 .1- 2 50c : 12-20 2 1- '' (quar.) ■ ____ Van 2 1- 25C $1.50 — (quar.)__. American 1- $1.50 6%, 1st preferred /quar.) . 4 12- 12-14 25c 19 Co'fk Trust Bankers 4 12- 2 11.97* m , N. Y;-^quar.^-i**-7;77/:'45c</t! >1h2K* Barber Asphalt Cdfp: (quar.) 2^?7 ,o*oa Barber (W. H.) Cdmpany (year-end) ■' $1 -12-20 Barber-Ellis Co. of Canada, Ltd.— /' 4 ' 1" ,17. Increased quarterly /77. W5c -.1245 *! Barcalo Manufacturing Co. (extra) 10c 12-31' Barnsdall Oil Co. (quar.) .____/ 25cK -12*»7 Basic Refractories : 100 12-14 Bassett Furniture Industries (irreg. '^5c .I1*2? Batavia Body Co._/i" 20C "71243 Bates Manufacturing Co., common Jih'P) 50c Extra -30c .42-27 4y2%' preferred (quar.) $1.12% '12-20 •' (Texas)— Co. / ,___ 1- $1.183A • 7 America 11-30 12-14 3 V/7;'77?1 '< (year-end). shares — 0J: 25c (quar.)_:—— 7 ; 25c 50c & Eiectric, common . (quar.) _7' pref erred 7: (quar J ;43A % '___ Plywood Corp.—. 12-11 1- Per When Holders Share Payable of Rec. ' - 48c lZriO / (quar.)w « Bangor Hydro-Electric, 7% preferred (quar.) v? $1.75 1- 2 4% preferred '(initial) $1 l'*' Bankers National Life Insurance (N. J.)— 777 ' Stock dividend 14 2/7%^; 12-20Bankers Bond & Mortgage Guaranty Co. of "7 7//; /" ' 11-15 4-15 ''' , de Los Andes— American 2 12- 2 Company Bangor & Aroostook RR., 5% pfd. 12-16 12-11 $1.12% : $1.12% pfd. (quar.)__ 50c ,7 7- $1 •''/•' ",/j./"" ' • \7,. f New common (initial quar.) ! ; 7" 20c ,1: 2 t ;rJ2-20 3%% preferred A (quar.)_ 93%c 1 U. S. Potash Co 25c ,12 *«&?*- 2 2 U. S. Trust Co. r12-16 (N. Y.) (quar.) j $8.75 1 United Stores, $6 preferred (accum.) $4 12-27 12-13 Universal Leaf Tobacco, common (quar.) $1 ,2- T 1-16 '8% preferred (quar.) 1 $2 1-2 12-14 Upson-Walton Co. (quar.)_ 15c 12-12 11-30 ptahrldaho Sugar, class A pfd. (quar.) 15c 12-31 12-20 U. 1- 30c $1.50 $1.75 American; Fruit Growers -20 $2.50 ,, preferred 12-12 12 ' U. (accum.) ' Name of t 12-11 12-26 $1* $1.12% ; '12-26 7 35c 75c // Uhited preferred American Fork & Hoe, 4Va% 31 15 $1,121/2 /,./ ___TT_ $7 1-31 92 %c' (quar.) ,;7$i;siiff/7:7y7-7•///V-(!-7/7. Holders , Payable of Reo. Banco 7>.^''7.' Series B (quar. American Export Lines, Ino.__ American & Foreign Power, $6 pfd. (accum.) ' $3.50 77/7: $3.70 preferred When Per Share ■ $4.50 preferred 12-20 V NameofCompahy American European Securities— Common (year-end) 3-20 12-24 1- . "■ '777 Missouri— of !"•' 4- 77: $1 ;; ■;■;■ $3 Underwriters Trust Co. ;(N. Y.) (quar.)____ Union Buffalo Mills, 5% 2nd pfd, (accum.) Electric %c; 7 62 , 12-20 1-2 62 %c (quar.) ■Quarterly' Union 7' /-fV-.' v_7 if '::/'77 J - Holders When Per \ Share Payable of Reo. \V-T Name o,* Company com. Uuar.)'" ' (iriterim)"-.- common (quar,)'__ * _i31%c4 1- 2 12-.T {-2 12-. | 1-2 -12^?; V :|45c -—$300-" ■ {Volume\ 164 *Number 4$$9 T$E i£OJ^El?Cf ^FIN^NCJIA^^f^JRQNICLB Per >'>• ■ Name of Company Canadian Pood -,-fU 'X \ \Common (increased) "i $l' convertible A (quar.)_^__w—— Corp., Ltd.— ij-j.'. Foreign Investment Quarterly Quarterly . v. Malartlc Canadian Holder Payable of Red. ji^a* class Canadian ■< When Shard Products— Gold Mines, Ltd. (s-a)— Canadian .Motor & .Lamp Co., Ltd.— ! Clitfes A' (quar. ^Class B (quar.).j— ; , ——- ——— Canadian Oil (extra) Cos.,; Ltd. Canadian Silk Products, Canadian -—- class A (quar.) Wirebound Boxes, Ltd.—, class, A (accum.) _——— City Products (quar.) $1.80 Capital . , ,J:I Carolina Telephone; & Telegraph (quar.) Carpenter (Ui.E. &i Company (quar.) Carpenter Paper Co> (quar.)__i__„ 25c" — 6% 25c Case :• (J. 7% I.) Co., Catalln & Corporation Catelli r___ — Cold Co. 50c convertible Maine 4. 3.50% , preferred Co., States Central Steel 'i- Common Central Vermont 6% 12-14fi 12-24 ll-2£« 12-24 12- 12-24 11-29 12-24 12-6 12-15 11-15 $6 ; 12-14 12-12 ll-3ft| 50c 12-12 11-3W $1.06 V* 12-2IF 12- 2 30c 1- 1 "2- 1 $i;i2Va 2-1 1-15 50c 12-17 11-30 60c 12-27 12-10 25c 12-10 11-26 ,,— 1 ... (quar.)... ,\ - Public Service, 2 37%C (quar.) pfd. 1- 25C (accum,)... -. Wire, (year-end) 5 12-14 24c- ' : Edison & 9i 2 50c' —— Central 12- 12- l- 15c (quar.) 6% 12-1IT, 30c common.. preferred,.; (quar.) Central Ohio Light & Power < 2 J 15c - „. preference Power 1- 1-2 — Illinois Light, 4V2% pfd. (quar.) Central Illinois Securities Corp.— $1.50 , , *. ,12-Ml 11-21T J25c (extra) Central Central ! 1- 2 (quar.) ; ; 12-13 $2.50 (quar.) Storage ,12-20 vj 3-28 1-10 $1.50 (quar.).— Products, Ltd., com. Central Bag & Burlap (quar.) Extra 1-1-47 4-1-47 ' Co. Pood Central ;; 9-2Q, 25c — Brair.ard 3-20* ,6-28 2 25c (quar.) Lockwood '7- 2 25c 2, common preferred Case '"(quar.) B . 12-aj: ,12-2'W 2 25C Steel Co.I^_^.____ preferred 4- 25c: io- Carthage Mills, Inc.,; 6%" preferred A (quar.) *■ 1- 2 25C — .,— Carpenter 13-16^ $1.^0 ( Extra ' common— W 4.15% preferred (quar.) Century Ribbon Mills (quar.). 1-15 $1.75 XT Extra 1- 2 12-10 $1.50 1- 2 12-10 Certain-teed Products, common^.i...^^u~.^ ; prior pref., (quar.) 1 ' 4 Va % •O 4Va% prior pref. Cessna Aircraft (quar.)! (reduced) Chain Store Investment Corp. Chamberlin Co.. of Extra ; Champion Paper & Fibre, • (year-end) .Amerlcaw-^-^^-'—" • new com. (initial). I $4.50 preferred (quar.) Chasers, Inc. (quar.) '?• Extra Chemical Bank Chesapeake & & Trust Ohio (N. Y.) (quar.)... (quar.) Railway ... Extra i Chesebrough Manufacturing, Cons, (quar.) Extra I — — . Chicago Burlington & Quincy RR Chicago k Northwestern RR.— ::T: :'e 5% preferred series A v. t. c. (resumed).. Chicago Rivet k Machine (year-end) Chicago South Shore & South Bend RR.— Quarterly Chicago Towel Co., common (year-end). > ? 7% preference (quar.) Chile Copper, Co. (year-end) Chilton Company (extra).—.——.—— Christiana Securities Co., com. (year-end)— 7 7% preferred (quar.) Chrysler Corporation ...• Cincinnati Inter-Terminal Railroad Co.— / > 4% preferred (s-a) 1 ... ........ Cincinnati New Orleans & Texas Pacific Ry.X Common • ; 5% L 5% preferred (quar.) — .... preferred (quar.J)— preferred (quar.) 4 5% preferred (quar.) Cincinnati Street Railway (quar.)—.—.—. City Auto.Stamping (quar.)— City Ice & Fuel Co. (increased quar.)—... C^ty & Suburban Homes (s-a). City ;©f Paris Dry Goods— r v;-, „• — 5% a;t7% preferred 1st 2nd 7% , (quar.) preferred (s-a) — Clark Equipment Co., common —— ,< 5% preferred (quar.) Cleveland Electric Illuminating, common.— — $4.50 preferred (quar.) Cleveland Graphite Bronze, 5% preferred (quar.) Cleveland Worsted Molybdenum Climax (year-end) com. Mills Co — Chemical Co.- (quar.).——— Cluett Peabody & Co., common (year-end) Clorox « 7% preferred (quar.) — Clyde Aircraft Manufacturing, Ltd. : Counties Coast 5% (w 1st Coca-Cola k Gas preferred Company, Electric— (quar.) — common (quar.) Year-end ■ ! Coca-Cola Bottling Coca-Cola International Corp. Class * Co. (N. Y.) (year-end). (year-end) — A Coleman Company, Inc.— :*:■ — . (Initial) 4V*% preferred , (quar.) Colgate-Palmollve-Peet Co.— preferred (quar.) Colonial Ice Co., $7 preferred $3.50 $6 preferred B Colonial * Stores. Inc. Carbon Columbian ' (quar.) ; (quar.) — (extra)—— (quar.).— Year-end 4 Commercial Alcohols, Ltd., "common (quar.) preferred (quar.) Credit Co., common (quar.) Commercial Shearing & Stamping Commercial Solvents Corp. (year-end) Commonwealth & Southern, $6 preferred. Proposed payment to be made 28 days % 8% Commercial — holders at the close of after SEC order to .. business on the 14th day after the date of such order — — Community Public Service (quar.) Compo Shoe Machinery (increased quar.)— Concord Gas (New Hampshire)— ' , 7% preferred Conde Nast (accum.) Publications • Confederation Amusements— 8% participating preferred (s-a) Confederation Life Association (Toronto) Quarterly 12VaC 1- 11-29 Mines, Connecticut Light & Power' Consolidated Biscuit Consolidated Coppermines . Co. (quar.)—" Corp — 1-21 12- 2 12-14 12- 9 12-20 12- 3 3 12- 2 30c 12-20 12- 15c 12-17 11-29 1- 1 11-30 $23c — .! 11-27 12-10 6% (s-a). (year-end) — 12-10 25c Consolidated Bakeries of Canada, Ltd.— Quarterly 12-28 10c (s-a) Connecticut Investment Management 12-16 $1.50 (quar.) Ltd. 2 1-10 -■( Extra Conlaurum 12-20 75c 20c Congoleum-Nalrn, Inc. ■4 54 VaC — — $62^0 12-31 12-16 60c 12- 9 11-29 tlOc 1- 1 11-30 $$1.25 1- 1 11-30 $$1.38 1- 1 11-30 ,<: THE COMMERCIAL & iFINANCIAL CHRONICLE 3000 Corporation Share 10c „. 12- 12-20 12-14 1212- 2 25c 12-10 11-30 75c 1- 62(40 $8 (quar/)— preferred Box Company dividend Stock General 2- ,12-21 $2 .——z V Corp.* (quar.) —— General Builders Supply Corp.— 5% convertible preferred (quar.) Cigar, General Electric General 12- . 6 12- , 12-31 12- 12-21, 12- 1- 12-12 12-16 37(4 c 12-16 25c 12-24 25c ' < 1- 15c — Harvester Gleaner Distilleries Glemore Extra Glen preferred 4%% - (A.) Falls Co. slock & 11-15 12-12. 5% preferred 2 Houston Oil 12- 2 Hubbell (Harvey), 12-20 12- 12-20 2 Oil 12-2 7(4o) .12-10 $1.12 %" ,42-30 Humphreys 6% 12-14 2 12-11 Huron 11-21 12-12 11-21 a;; 1- 2 12-14 f 1- 2 62 %c ' , :' Jr. (N. Y.) $i" 20e Power, " Great Lakes Terminal ( 9 12-18 12-20 12-10 ' 12-14 11-22 12-14 ' 12-27 12- 6 20c 12-20 1212- $7 pfd. Warehouse Ltd., i_t.ia.jr'>* $12 VaC 44- 2 — Industrial ; Rayon Silica, 12-14 11-15 12-16 12- Industrial 11- 7 v 2 2 Ingersoll-Rand ioc 12-16 Inspiration 42-20 12-31V, $$1.75 Insuranceshares 11-20 12-31 10c 1- 2 12- ; 9 6% 12-17 Corp. >•/ 11-19 ^ 11- 12-14 International Powders, 2 12-20 30C 12-10 11-30 -v: International 12-10 11-30 International 4 ) 6% k.i'7% 12-31 11-30 20c 12-14 11-19 12-11 41-2T 18 Vic 2%e 1- . 60c 2 / 12- e $20c 4 145 $37 VaC 1-15 ■v. $1.50 Loft Lone ; Year-end A Common 4ya% j 30C' ; . 12-18 $40c 1- 2 1212- 9 ft $1- (quar.). 12-30 - International Nickel Co. Canada. of • 12-31 $40c. " ; r International Paper : >■:'* r • $30C participating preference (s-a) ___—— Stores, Inc. (year-end)— F.f Printing (W. 1- / 12- 25c 25c (quar.)———— Hamilton Watch 12-10 preferred preferred 4(4 % 4(4% $3.75 preferred (quar.).. Iowa Southern Utilities (Dela.) 11- 8 2 12-16 12-28 12-18 25C 12-14 11-22 > Oil Co. ' 5% preferred 11-20 1- 2 7 12-14 1- 2 12-14 15c 12-10 11-25 3% 12-30 $1.06 V*, preferred (quar.) Harbor Plywood Corp. (year-end) — * Harnischfeger Corporation, common (quar.) 5% preferred (quar.) 5% 2nd preferred (quar.) — Harrisburg Gas Co., 4(4% pfd. (quar.) Harrisburg Steel Corp. (quar.)— —_ Harrisburg Railway Co ——— Harrison Wholesale Co. (quar.) —,— Chemical Co., common — $4 prior preferred common Hazel-Atlas 12-16 12- 2 4- 2 1- 2 V 12-21/ 12-21 K. 25c 12-20 12- 6 12-20 11-21 •12(4C 12-16 12-5 5c 12-16 12- 5 25c 12-14 11-30 $1.12(4 14 (4c II-30 11-19 1 1-15 $1 12-15 12-5 (quar.)*—. 2- > Petroleum < — (extra) (year-end) http://fraser.stlouisfed.org/ ■w Federal Reserve Bank of St. Louis Kerr-McGee 12- • —— 50c \ />'-$l 11-29 12-18 1145 12- 5 50c 12-16 75C 12-31 12-13 12-15 > Kilburn 11-30 Common 4y2% (quar.); preferred 60c 12-10 11-27 'X,-:/ i 50- ■ '50c 1- 2 12-15 75c 12-20 12- 9 Kingston Products Corp. 12- 1- 1 1- 1 30c 1- 1 1- 1 12-14 12-14 , 1246 1-3 * Trucks . 4 / , ' 25C 12-21 11-29 12-21 11-29 : 50c 12-10 11-30 50C $5c 12-10 12-28 2 VaC 11-30 : 1- 2 50C 12-14 & 12-14 ; 66%c. 1- 2 25c 1- 2 11-29 •" $1.12% 25c 1- 2 1246 1-, 2 r, ioc - 4246 1242 Y 12-12 12^12- 11-30 12-18. 11-25 1- 2 10-23 1145 Shirt 11-30 12-20 12-12 12- 10c 12-30 12-10 ,, 1- $4c,/: ,* 12-16 11-29 / 12-15 11-25 20C V 12-21; 12-10 >: 40C 25C 11-22 12-10 25c . 11-22 12-15/ 4-2.: Z 50C 1142 / $$6 X $1.30 ' • 1- 2 12-15 12 %C ; 5 12-23 > 12- 2 12- 2 12-10 ? : 20c 1- $$1,25. • 1-1 28o- z 1 • 12-20 1- 2. 12-24 / 12-15 11-22 r $2;4Q Z 12-24 , 11-15 12-10 11-25 75C 12-20 12-10 -//.15c 12-16 12- Y 12-20 11-28 10c > ,*// —— v common.———/ ■: (quar.)*..;.^ Maytag Company (resumed) McAieer Manufacturing Co.*— - - • -".; 5% convertible preferred (quarft...__ • $10 -25c. 12-24 .12- 250 - . , , 2 12-24 12-24 12- , . 12- 9 .*$'1.75 ■■ preferred , .11-15 .12-24 45C ,70c Z'Z —T__. ' k 12-20 ' ■ (increased quar.).— Mines, Ltd 12- ' common Mathieson .Alkali, Year-end 12-11 11-30 12-10 • * ' stock or cash— " Massachusetts Investors Trust (Special)_._. • Mastic 12-18 3 9 25c . (Glenn L,)' Co. (quar.)— Asphalt Corp...*.— 12- 12 %c ' Co. 2 1- 2 40c % . Co. Year-end 12-20 12-16 '* Master Electric V / 12-31 .... 9 : 12- 3 25Q -/ 12-16 9 v ' " 1- 2 42%c : ' 12-16 (L. M-) Co., Ltd., pfd. (s-a)„.— X- 2 / ,$500 1244 Cprporation (extra)— X,. -75c - 12-19 ' ;12- 6 McCord Corporation/ $2.50* pfd. Y 62VaC... 42-30 / 1249* (quar.)—. . . McCall « . Common, McCormick, (resumed) " 12 % c r-.— Inc. Corp~"common ■; /> 41-1 t 11- (quar.).—.. (initial)—* Mclntyre /Porcupine Mines Extra/ 1248 1246 : 12-' 2 Z J 15c (quar.) -- 12- 2 250 . 60c . , X- 12-15 11-22 41-. 1 1-2-4 1-15 1-2 25c *""1-2 12-14 12-26 12-14 '$1.06% 1- 2 12-14 ; $r . .^h— preferred y,12—18 12-31 . 50c McQuay-Norris. Manufacturfng Co.—: Common (quar.) 4 V4 % 12-26 88c - • (extra)—-,..—. $$1.00% McKessonZ& Bobbins, Inc.,"common .$4 .preferred (quar.) ( 12-18 ) McGrath-Sf. Paul,'30c preferred McGraw-Hill Publishing (quar.)— v 1 12-26 ::75c $3.50 convertible preferred (quar.)__... 250 41-30 11-30 11-30 $1 ;/Z McCroxy Stores 12-16 ■ '500 ... t. ^ 12-16 ■%*■■$?& Drjlling__u.-^../.i.-^;X.;4*'';* & Co.../ 11-28 11-30 ; 11-30 1 12-10 12-12 ' $$1.25 ....... Payable' in 12-14 ' $4' 12-14 1245 .11-30 $100 ... McBrine 12-14 * 1246 ' 7% - ■: 12- 2 •*l-*4 i 1- " 2 * $3 ■ I: Co., Ltd.~ V 1 •* 75c .(year-end) Oil Matachewan Consolidated T 75d 20C 4 6 $3c „ (quar.) 7 12- —-i...i...-,— (R. H.) Martin . 11-30* 12-21 $ f42% , (s-a) 12- 12-16 %c Magnesium Products—... Market Basket (Los Angeles)-, common..— $1 preferred A / (quar.) Marven's, ,Ltd., 5% preferred (quar; Massachusetts Investors Second Fund— r ; • ' 12-14 2 30C — - 12-16 Marine . 11-30 1- , 11-30 / ,11-30 25c Year-end i 4 12- 4 • 11-27 12-16 20C * 12-14 $1.75 $1.37% $1.50, common-—i— (increased quar.) — King-Seeley Corp./ common 5%. convertible preferred 2- 9 2-15 ' 11-30* ,11- 1 1 ■4246 •>, . 11-30 25C ; — (quar.) (quar.) (H.. R.) Export Manhattan 11-27 25C 2nd pfd. (initial) 11-30 12-14 * (interim) (s-a) Mangel Stpres Corp.— * 4 v 12-10 Mill"—I—II———IIII——ZIIIII Kimberly-Clark Corp., 4% 12-14 • 12- 15C- v , 12- 4X XI- 2 $1,121/2. Ltd. Mines, 12- 30c _ Industries, i 6 $1.50 250 12-16 1- $1.25 • 12-15 34%c , Oil j; 6 1-18 1244 42-12 $1.50 Red" Lake Gold Mines (interim )..„ Copper .1 —.1 Magnavox, Company Magor Car Corporation. Mahon (R. C.) Cpmpany.*...; Mallory (P. R.) & Co., Inc. (quar.) ../■.' 11-29 / 41-30 «•; 12-10 i2yac Keystone Steel & Wire Co. 2 25c Co., 5(4% preferred (quar.) Co, Kerr-Addison 12-13* $1 Inc (G) Brewing Co. (year-end)—— Motor Parts, Corp Hercules Cement Corp.,, Gold 12-13* 1- 2 6 121 1 12-12 \ 12-27 12- ' 12-20 $1.25 Extra 12-16 50c — 12-31 common 50c 65c 12-10 12-20 '2- 3 11-30 11-30* 37 %C /. ■ (extra) 12- 3 Manufacturers Life-insurance Co. (Toronto)— 11-20 / /";/ Semi-annually 12-13 X Mapes Consolidated Manufacturing Co.^ 2 60c Kennecotfc 6-16 12- 3 100 Company/ 4% % preferred (quar.). Copper Corp Special Kern County Land Co. (quar.)— 1246 12- 3 12-15 12-14 25C ' preferred (quar.) Kawneer Company —i Kayser (Julius) & Company— 30O Hein-Werner Powder 12-27 • 12- 2 1- $1.06 y4' Kendall 11-30 12-10 2 1- 85c (extra) 3 1-' $1.25 •' 7 Company 12- 4-2 • ; $4.50 Kellogg 12-21 12-10 12-20 50o (extra) (initial quar.) (year-end) Department Stores, Hecla Mining Co. Hendry (C. J.) 1- 2 75c 25o $1.20 Co., * . (quar.>i. Magma if! 11-30 1-2 >1X500 Battery': (quar.) City Power & Light, com. (quar.) — preferred B (quar.)————1—Kansas City Public Service, common— 5% preferred (s-a) Drug 12-10 ' >•; Wi Katz v 11-29 Madsen 12- 9 XI1/4% $6 ■ 2 $$1.75 (quar. X 9 1- XlJ/a% Kansas 15c *12-20 •3 . preferred Mack 2 12- 2 $17C (quar.).*. 12- 1- $1.37% ; 11-30 12-16 20c (quar.). 12-21 12-31 u 12-14 (f 15c ihX 1- 2 1-15 Glass Corp. 25c' (quar.)_. Johnson & Johnson (extra)—Johns-Manville Corp. (year-end) Jones & Laughlin Steel, common (quar.)— X 5% convertible preferred A (quar.) Joslyn Manufacturing' & Supply, common— 6% preferred (quar.) Joy Manufacturing (increased quar.) $1.25 25C 45c 8% Increased Maokinnie xl%% ' common // Macy (quar.) (quar.) 5% MacMillan >; X; 12-18 (quar.)-...—..** D Water Supply, preferred (quar. Co., common $1.12% 50c 6-27-47 Hearn Hercules , 1- 6 15c — common Hazeltine Heiteman 1-20 15c America of Corp. Additional Healey 11-30 $1.25 preferred. non-cum. New 12-11 $5 Special 4y4% preferred 41-15 $1.50 Hastings Manufacturing Hawley Pulp & Paper s (initial)- Haytian 12-30 series U 11-29 (quar.): Jewel Tea , :J. •, Jamaica 7. Tobacco— Hartman $3 , 11-15 $1 (quar.)—— (quar.)— convertible preferred Hartford Electric Light Co. 4(4% : 3% .. Harshaw . Calif.— of preferred A preferred series B series C , -v— 11-29 37y2c ( 1-17 41-29 4c 1-15 -V, 12-17 12-20 88c 12-16 (quar.)* Co. 11-22, j 2-1 ..... Nashville RR. 12-11 . 10c; 12-16 ,i- Co. (year-end) Service, Ltd., com. preferred 12-10 —— &Y-.7% Public 7% $1.12(4 —— (stock dividend payable in A stock) Class B (stock dividend payable in A stock) Hanna (M. A.) Company, com. (year-end)— Harbison-Walker Refractories—/. Z Machine Jamaica (year-end) Provisions, $750 (Increased )_ 12-21 $2 ; Angeles Investment Co. (extra>_____i_*1 Land & Exploration (quar,).. 93%c .... 12-11 $1.75 preferred (quar.) (P.) Co./ 7% pfd. (quar.)........ "4X250 (quar.)— , 12-16 / 42-21 m $2 (quar,)._._. 2 12-18 1- 7 ' 20O Mines, Ltd. ^quar.); Publications, Inc.— $1.50 participating preferred MacKinnon Structural Steel Co., Ltd. 2 X 11-30 - Y. 1-15 435o .w—4.U.— Extra, 5% 250 , common Irving (John) Shoe Corp., 6% pfd. Irving Trust Co. (N. Y.) (quar.).. 12-10 12-14 Class A 6% :: Service, 11-22 y 12-20 $1 . — (quar.) -v Public Jaeger common (quar.) (quar.) Instrument Hammond Hancock Co., 6% 12-15 v12-28 ;v / 11-30 1-15 MacFadden 12- 12-16 50c; (year-end) Foundation, common, (interim). convertible preferred (quar.) X 12- 12-12 250 Iowa '7i2-;5i7C 75C (year-end) — Investment 4 25c (quar.)—— Gas 12-21 12-18 V ■ Macassa 12-14 1-2-47 / 50c; 75c Ludlow Manufacturing & Sales 12-14 12-31 i 12-21 5oc (quar.) 2* 12- $1.25 7 of Philadelphia Corp. " 20c Paper Investment - 12- 5 l' Natural Corporation Intertype 11-29 6 1- 30c : Hammermill r II-30 $15c Co., common (quar.)——— convertible preferred 4% ; y 11-15 - 2 12-20 25c Ltd. ""(year-end)— Haloid Company (year-end) ——_——— Hamilton Manufacturing Co.— Preferential participating (quar.) Mines, Hallnor 5% ;/*'■" $2" (quar.).....* Co. common 6 12-31 12-31 $1 Lunkenheimer 6 12-17 , 2-24 li-22 150 6 $1 11-22 , 3-10 : 87 Vac Company Lynchburg & Abingdon Telephone Lyon Metal Products (quar.) M, J. .& M. & M. Consolidated 35c ; ——. 11-25 12-10 - 12- ■ 12-16 50c Corp.. (quar.) Extra ( 12- 12-28 •V 11-29* 50c 3-10-47 2-24-47 12- 12-28 $1 ^ 11-30 12-16 12-10 partic. pfd. (s-a) Louisville Title Mortgage Co. (increased s-a) 12- 12-28 75c -1 , ... Company, common prior-preferred (quar.) Interstate T; 12-10 2 12-16. $1 - . s:75c-7 (quar.)—... Interstate ;v 11-29 ... 1-2 - $50c . Brothers ; Hall 12-16 $1.10 Utilities, $4.40 pfd. (quar.)—— Hahn Brass Co., Ltd., common (initial) —* (incr. quar.),.: 5 preferred International Salt Co. ' -— States Co., com. "Year-end $4 : $40 2nd Louisville 12-13 2 11-30 v 11-30 12-12 ,$U0 y/'ir —• Louisville & . 12-13 x. -12-30 * v / Louisiana Chemical Corp. : 12-12 12-12 ' 50c /;■ Corp/ Gas Taylor, Common Los vv 9 2 ; 11-30 '11-30 12-12 ' "»/•'//l:: ■I- Extra " .$$1.12 %c t 50c preferred & 8% 11-22 v 12-13 12-13 '!■/ 97 %c Co.—__ Cement Star LOrd 1045 X 1-15 42-20 Industries, Ltd.* (quar.).; preferred (quar.) & Star Lone ■ 11-29 12-16 650 . 12- 2 12-12* 37 %C * Candy Lbrillard Common 4% 12-10 400/ International Minerals t 12-19 ,11-29 / 12-27/ $1 (quar.). Year-end 12-19 2 3oc ... International Metal 7 2 Co.— $3.50 International Harvester Co., common (quar.) Northern Ry. 2nd 1- 1- , $ ' 11-21*- 12-10 25c " 11-22 12-27 50C / ; 2 11-29 12-10 12-16* 25c X ... , , * /X:* Year-end 12-14 30c 12- ;X %„„• Firebox 12- 2 , 19c X 12-10 $1.25 y 12-12 50c guaranteed 11-29 11-30 v; ■ 12-14 ; (quar.).. / 11-23 Xk /X Locomotive r; 12-10 ' • ' , 12- 2* , 12-16 50c a , 12-16 1-4/ • r 12-16 12-16 ,42-16 12 %C Lqck Joint ,Pipe Co.. (monthly) :/■::* 8% preferred ('quar.)__.^...__. .12-18 i 12-20 . Y, : r prior Special 9 12- Kl- 2 10c - 12-18 12-27 25c /■:?•: 12-21 L 1- 2 60C ' > ' . 11-25 C: 1- 1 ,42-16 50c f 12-10 1-20 i - Original, capital ^— —^ Special guaranteed (quar.)— l-r-rT— 112- 9 ' • * (quar.)i_i^* Original capital ■ 1-20 37 %C Little Miami RR. Co.'— v': 42- 3 12-10 12-27* $1 Ltd., com. (quar.) Machinery Co... Publishing preferred '(accum.)...., : preferred (quar.).**^../.*..'..* Lion Oil Company (increased quar.)__ Little Long Lac Gold Mines, Ltd. (annual). '11-30 > 42-13 ;; 11-27 . $40c Works_*;>*.—---- participating preferred 12-21 ' 35c; ; 12-1440c / ,"'12-14 e | (quaf.) /' Extra ,12-17 12-10 * $2 ; Corp., cbmmon 12-17 X . ; 12-31 62 %C Products Co. . 12-20 * 25c • ' .1243* 41-27 42-14 : 12- 2 (resumed)>a v;/ $1.25 pfd. (s-a) U " . , 12-2flf 12-13', ; 75c ■ EXtra'' 12-12 $$1.25 .... Educational Fink Salt Lima Locomotive • ■ 30c , 40P & Casualty Insurance Co. of Tenn.*— Quarterly *>;,— Life/Insurance Co. of Virginia„i- ' 10- Cigar 40c ,, 'X • .. 11-12 >;V.7 50® 1 1- 2 (initial s-a)„_ —i. Lincoln Service / 2- 1-2 (quar.)_t; common 12-23 n; / 12-14 ■Year-end 12-31 -'■* 50c Lily-Tulip Cup $506 11-25 50c; - (quar.) Leather Life ' 12-11 ^ ,12- 9 V : — i^.——■. Steel Liberty Fabrics of N. Y-, Inc. (quar.)„^ Libbey-Owens-Ford Glass (year-end) :::X7% /preferred (quar.)_1 * * 7 V 12-10 Machines: (quar.)_4. Cellucotton Products (quar.) 12-31 I- • . ^ . /: 62%c X 1-2 (quar.) Ldvy ^ Brothers; Ltd;, (interim) Lexington' Telephone Co. (quar.) 41-25 Business ' & Leslie 12-13 (extra)... preferred 15c -1244 $2YaC : & Co., Special -J Lehn 9 fC 12-13 (year-end -1 (quar.: Works & Die Electric Leath 12-10 4/' 2 11-14 12- 9/ $180 *:' "$2.50 preferred (quar,)—* Lee Rubber & Tire (extra) * Copper..—...... $$1.75 10c 7 X ;: >• 12-17 ,yl 12-23 1-Jfi 4$$l- / Lawyers Title Insurance. 6% 12-10 > $i.25. 11-30 145 •(quar.)*^/*^«4/;'/,!jY 37 %c *12-28 ,r ' $25c ;/',• 1- 2 Frary & Clark Bleachery Special 50C-. (year-end)... 1241,. $50c Ling (John A.) &' Sons, Ltd.iquar.) 40c -t 12-23 ?• Sessions, $2.50 preferred 1-15 11-12 I2r31* ■* ' Company (quar.)_* & Lamson 1247 ' (quar.) 2-1 42-16 ;,25c • Landers '"'*' $1 Lambert 12-13 k 1- 2 Lawrence Portland Cement Co. , 62VaC , Certificates, Inc. (Md.) (s-a) participating International - Hale » 12-20 common Bronze International > 12-20 * , 11-20 % 90c 50e . 12-20 11-19 12-27 J Ltd.— ' Lawrence'(A. C.) . Co., ; Mines, Ltd. (quar.) * Lakey Foundry & Machine Co. (irreg.) Lamaque Gold Mines' (interim) Latrobe (quar.). Consolidated Iron 12-12 $1.50 Shore 12-31* / Paper Extra 12-31* 7/;! > & 1 12-20 ......i. ' > , Power - 40c ■ 12- 9 12-31 $$1.75 > 1149 2c : / ' John • (quac.)_....~.i Corp. (quar.) 6V2% preferred (accum.). Co., 42- .5 ,12-16 11-30 12-12 $1.75 , // Industries, 6% pfd. (aecum.)*i-j 933/4C Bancshares Industrial 11- 8 12- 9 $1.50 Co., preferred —a 11-30 12-26 Saddlery, 6% 1st pfd. (quar.)—, ■r■$75c x 11-30 12-26 $75c preferred - (quar.) ___——-4.—— *'• '30c'/ 12- 4 12-14 Greenfield Tap & Die—; 12- 2 $5c > 1- 2 Greening. (B.) Wire Ltd. (quar.)—,——— ■ 12-14 12-31 : $1.50 Greyhound Corp., common (year-end)— •* 12-14 12-31 $1.06 v* 4V»% preferred (quar.) 12- 5 12-18 $1 Griesedieck-Western Brewery, com (irreg.). 2-14 34%C ! 3- l-.'i 5%% convertible preferred (quar.) 11-29 12-20 75c *" Grinnell Co., Inc. (year-end).—; 12- 2 12-27 $50 Group No. 1 Oil Corp— — ————... 10c 12-27 -. 12- 2 Group No. 2 Oil Corp — V 11c 11-30 Group Income Shares, series A——.-—1248 I- 2 $1.25 Guantanamo Sugar Co., $5 pfd. (quar.)—. 11-15 25o «12-10 Gulf Oil Corporation (quar.)— 12-10 :: '4145 25c Special *, 12-30 4240 kk 50c 12-20 1- 2 i k" $1.50 Gulf Power Co., $6 preferred (quar.) — Gulf y Lanett . 11-30 40c $1.50 •-• : • Corp 11-30 75c J- : 12-10 : 1 12-14;- 5c 'M: II-30 > 56 (4c 2 ; 12-14 ,' l.'/aC Steel St. Lake ' -ii non-cumulative,* class A (year-end) 5% convertible preferred (quar.) 11-15 15c ' (quar.)—. (s-a) ' 2 j Tool Quarterly 9 12-13 Kwick Lake 11-22 50c $2 11-30 Great West 6% 12-31 $1.06(4 Imperial Tobacco of Canada, Ltd. (interim) Indianapolis Water Co.— / 4 / 5% preferred A (quar.)_. Industrial Acceptance Corp., Ltd.— 12- ■: 10C Zi „ Great LCclede 12-30 4% Interlake Lakes ^ 12- V 12-14 $2 class B Extra 2 7% 12-31.> 2 . Great 1 12-31 12-14 50c (quar.). Great ■ ! 11-18 $12 (4c class A preference $2 I 11-15 42-26 112 % c (accum.)——— preference accumulated—— Lakes Plating (quar.) : $2 11-15 12-16 1-15 i preferred (quar.) Great Lakes Paper, Ltd.— ► , 12-16 ——. (Robert H.), 6% 12- 1-15 1- (increased).— Plantation preferred (quar.) Hygrade Food Products . Varnish- American Indemnity Great $i 40c — Graupner 12-16 $i (quar.)_. Class B (quar.). Gorham Manufacturing Co. (year-end).— Gossard (H. W.) Co. (year-end) Rapids 12-12 12-20 •: 12- n (quar.) 12-30 . 5% . 1- :*>•'" $1 , (quar.) preferred La France Smelting Co., Ltd.- Mortgage preferred 5 > Co., common (quar.). 4 Sugar 1st 12- (Leased Lines) guaranteed ■ (s-a) Imperial Chemical Industries, Ltd American Deposit receipts ordinary shares ,: (Interim)-,- " ; :. Erie & 12-20 (quar. 2nd 42-31 (quar.)—. ; ^6% Kut Illinois Central RR. COi 12-12 12-31 $1.25 A Grand ; 42-12 12-31' / Ltd.— ; 1 5 k Inc. Huttig Sash & Door Co.— 4 ' $1.25 Gordon Mackay & Stores, Class 12-10 , 12-31 /'k. $1 —— Mfg. Hutchinson $1.50 (quar.)———-—— B .'/7> 6 40C (initial). (Texas) preferred 12-12 1- Go. Oil & Refining Co. 5c 40c (quar.) (quar.)——— class Co., 42- - $1 Humble 12-14 1-2 Mfg. Co./4%% preferred~(quar.)_*-'- $1.12% ,'! ►.>/i.}\\,&-y>4. f- 5 ' Extra 11-29 - 12-23 Kroger" Company—«,, 6 V7 25c Corp., commons...... Hudson Bay Mining & Increased : :42^2';> 12-10 42-10 50o \ common preferred 4% Gordon Kroehler 1' 12-12 —* 12-20 12- $7c (quar.) ^ 1- 7 VaC (quar.)-. Co., Gas 2-1 42- 2 Company 12- 2 IOC . (quar.) *___ 12- 3%% >' ■ S.) Sxtra 12-17 Household 12-12 ? (S. .12-17 •7 :: Natural 12-31 ^ 40c (quar.)".. . 25c Telegraph preferred pfd. Houston *;• $5 $4.25 2 $1 Golden State Kresge 12-2 12-23 - 25c : * 25c $$3.50 Company, new common (initial) Statler Co.,. new common (initial) Houdaille-Hershey Corp.— < $2.25 convertible preferred (quar.)..... 12-147 : 5% ;; vX,- 40c (initial) Inc. 12- , 25c 8 — preferred (quarj—— Goodyear Tire & Rubber— Common (increased quar.) 50c 7 44 1- (quar.)— $5 (quar.)— Horder's, Inc. (year-end) Horner (Frank W.)f Ltd. (quar.) .5 12-14 X • Rubber___i '-Extra , ..-45cr ; 5% 1- : (quar.)--—i—— Goldblatt Brothers, $2.50 preferred (quar.). Goodrich (B. F.) Company, common Gold Co. Electrochemical, Hoover 12-15 , z/x; i5c: — Y.) —'*>. (quar.).. 1-25 i\ $1.25 —- (N. Inc. 1-15; ——. (quar.) 12-20 ——i—,—j 30C ( (quar.)— Co. 1-20 25c Dairy Oil B.) Inc., common._^„„.;„„_iX preferred (quar. 4% • ' (quar.)—————-.v Insurance Brewing & Sons, Renfrew & 5c Glens 'Goebel 12-27 > ,.10c : 12-15 1- 1 ■r4-i 2, 50c ———— Distilleries Glenmore 145 .. $1.75 - Co.— 12-27 Finance Corp., common (quar.). preferred' (quar.) — Houston Lighting & Power (quar.)— ————— (quar.) — Coal Alden 145 6 (L Koppitz-Melchers, (quar.)_. 1- 2 (quar.). Corp. 11-30 Corp— dividend Hooker . 9 „v\ ■' ,:'Z 75c (quar.) 12- V,-,';':"/r-25C (quar.). $1.50 ///, $1.25 — Co., 50c 12-11 . Creamery Co. Koppers i~ 2 Co., Ltd., 7% pfd. (accum.) Co., 80c preferred (s-a)_.__ Home Title Guaranty Co. (year-end). Homestake Mining Co a 12-11 i''"*' Knudsen I-21 1- 3 Hotels 1- 15c Kleinert 12-17 50c 5 12- 5 •12- 2 1- 2. $1.50 : (quar.)————.—— Co. Holt Home 11-19 12- 12-17 ) 1-31 12- 12-23 25c f " 12-27 12-10 12-16 $1.50' (quar,); 12-27 $25c : Hollinger Consolidated Gold Mines (interim.) / , 6 37 (4 C ■—.—i—— Machine 1- 1 (D. ' Emil)' Co. dividend ' 12-26 -y cv- Stock Ltd.— 4 Stock 11-14 2- Klein Holder* Payable of RecJ 250 - ' Radio Honolulu preferred (quar.) $6 preferred (quar,)——.— —— Georgia RR. & Banking Co. (quar.) Gillette Safety Razor Co., (quar.) preferred Lumber Furnace Hollander 12-16 1- 25c , Georgia Power Co., $5 $5 .*,4: of Canada, - 12-20 2 12-10 $1.25 Equipment———— Signal Co., com. (quar.)— 6% preferred (quar.)—— General Shareholdings Corp.— Genesee Brewing, class A I Gisholt fquar.) Extra; ; , 12-19 2 12-28 50c Precision B' (year-end) 11-26 25c Railway Class 11-30 25c Holland •„'< 12-20 $1.25 common (quar.) _—— Advertising, common General Phoenix Corp.— Common (increased quar.) Class A (increased quar.) General 11-30 12-10 (G.*R.) Co., Inc., common Kinney Manufacturing Co.— $6 non-cumulative preferred (quar.) When Share V : ^ Kinney ' 2 1-25 12-13 $1.75 Outdoor General 12-16 $1 •' / (Edward) Hoffman 2 50c preferred $5 General 25c Quarterly Hines 12-16 12-21, 40c . . • 2 vj 25c : .*. Corp., Bartlett Hinde & Dauch Paper Co. Hinde & Dauch Paper Co. 11-30 12-12 31 (4c — Co., commoni 7% preferred (quar.)—r General Industries, 5% preferred (quar.)—. General Instrument Corp. (quar.) : Motors 12-10 1240) Company 15C II-30 ; Fireproofing General 12-2012-20 . Extra common_„;_„_...v-.i— Co.- 12-20 $1 $3.50 * Name of „ 15C 12-21 75c General ..50c . —_—.— Spencer Per m 12-10 50c common—; 1 wii Holders When Payable of Reo. Shares ; , preferred Hibbard 12-21 Bronze r 6 ; 5% — , I-17 l(4c _—_ u.—— ; ;■ (s-a) —; Hewitt-Robbins, Inc. 4quar.)_a.— Heywood-Wakefield Co., common (year-end)> 12- 12-21 ■ 7% 20c (quar.)_j_ -—; 1 Extra v 11-25 12-28 15c - u, r 12-21 2 of Company Hershey Creamery Co., 2 12-14 30c i 10 25c — Per Name Payable of Reck * 68%c Gaylord Container Corp., common (quar.) 5% % preferred (quar.) Gemmer Manufacturing Co., class B i $3 participating preferred A (quar.)_„_ General American Transportation-: General Baking Co.,. common (quar.)_ General Holders When Per Name of Company Garrett Monday, December 9, 1946 > - • ' jVolume'164* Number H549 THE COMMERCIAL ±?Y%.»,r ^ <*$»?•;£ j • :-t-v > i't». '-*' per' "<■•"; Meadyille Telephone Co., 5% pfd. (s-a)__ Melcheirs Distillers, Ltd.— ; ir ,6% participating preferred (s^-a) Memphis Natural Gas Co. (year-end) • 62 %c ' 11-30 12-16 25c 12- 2 : 1- 2 12-12 12-31 12-12 45c $1.25 25c 12-14 12- pref. (quar.)__ & Miners Transportation $1.75 National 1-31 2-15 ,k Co.-— __ Class : B (increased $3.50 25c r •__' preferred Extra „wr (quar,) Publishing Hat Cp. Corp. 12-14 1- 12- Metal 25c preferred $1 -r - 2 12- 9 12- 2 75c 12-20 Co.— : / , Class ;? A common— Milliron's V" (l». Stores) 5 % $5.10 6% 1st preferred • preferred preferred 75c 12- 45C 12-14 11-15 4c 12-14 11-15 •; : Class B 12- 6 1-15 2 2 1-15 12-16 7 12-2312- 2 >'yV:- 11-227 1 11-22 1 11-22 ft 4 .6,% 11-25 :» 11-27 7 12-27 7 ; 1- 11-15 . 12-16 11-29 1- 2 12-20 50c 12- 9 11-22 12-20 11-30 20c,1. 12- 9 12- 62 V2c ; 125C jv i^li ibUc 7 .1- 17 12-167 1- Corp. 7 (s-a) 12- 12-14 6% Chemical Myers (F. E.) Co. ; . of Co. Biscuit Co.* Battery Co. 1 Register 1*' 2 12-14 1-2 12-16 (quar.) 7 7 $50c $43c ■ s. ' 2- 12- 2 1-15 Lines, preferred $4 common National (initial Dairy Increased Gas, common Products Extra 5% 12-30 12-15 11-20 12-15 11-29 12-14 11-30 $1 1- 5 2 12-14 12-10 11-15 12-10 11-12* 12-10 11-12* ' (quar.) -. " 1-1 12-20 ' * 2 East Dome ■ Public ••.••* com. Col. common Power Extra Pacific (quar.) 12- Extra 11-20 12-23 11-20 12-20 11-30 30c" j < : $7.50 12-10 1-..1 12-20 $1.50 ££; 15c 1-2 12-14 — 12-10 11-15 (initial)- 12-10 ■7:77 15c :£ •; .' 15c" / ^ Trust & 12- "6% 78% 12- 7% 1-2 15c Service 12-15 710c ' •'50c 12-15 , : 12- ' New Co.: of 4% preferred Paramount Inc. 12-31 12-10 11-19 ioc 12-10 11-19 Park Chemical Parmelee Paton 50c 12-10 12-10 11-30 1% $1,25 12-10 11-30 Penick 11-30 Co. - '» 12-14 50C Ltd. 12 '- 12-14 U-2% 1-15 $20c 11-2.6 11-26 12-31 • 12- A 12-14 . 12-20 ' $$1.50 $75c 1-15 56 %C 12-20 12-12 v; i- !• 12-14 1-15 $l%c 1- 1 7 12-2 1- $$2 9 12- 7 25c 12-24 12- 6 40c 12-24 12-6 $5C 50c 7 1- "39C 2 •< 12-3.0 12-16 39C 7 ,11^(0 12-16 .,.11-30 v 12-31 30c 11-aJO 50c 12-14 50c — 7 1-15. $1.25 11*15 712(14 12-14 1 $2 11*15 12-14 $1.75 _.— N - 7 11-15 12-14 ,11-15 N 11- 8 preferred "(quar.) Fund of Boston— George) Co*., 11-30 12-13 lrl5 1- 2 12-10 11-25 1-3 12-12 12-20 12- 4 2- 1 ' 10c 12-14 • 7 • £11-28 2-25 *' 7'v 1-16 $25c Co. •(quar.)_7^_— 37%C 1- 2 12- 0 / 50c 1-' 2 U2* 9 93 %C 1-2 £12- 8 2 %c . . preferred /(quar.) : (Pittsburgh)— i ! common (initial quar.) ______—.—_ Packing 7 11-30 412*14 1130 1-10 12-21 87 % C 1-3 12- 50c 12-12 ; Co— ,, ,12-2 12-14 5c r, '12-16 25c Co.— 7'* *: 35c —— *,*■ ; 2 : 1- 1131 • . : ___ .'H' » •: 12-19 7% 77 preferred 5% Iquar.f prior preferred Reed Roller 7 Reeves Bit Brothers, < ; (quar.) Inc. 12-15 1135 12-15 11-25 1 12-13 25c 1-2 12- 8 25c 12-23 1- $1.75 . iauar.)__U.—:— Co./ (quar.) 50c 15c 40c ;, ■;£ 1- 2 25c — '• 12*14 Shoe Company _'-.• .7 12- 3 .1-10 12-15 15C Regal i-10 12-15 15c : Reliance Grain^~LtdI,"^6%%~"pf~d. (quar.)*— 7 7£:. $$1 12-14 11-30 Reliance Insurance 50c 12-14 11-15 (Phila.) (s-a) Manuxacturing uo. (Hi.) — 87 %C 3V2% convertible preferred (quar.V Remington Arms, common (year-end7 77 20c 6% preferred '(s-a)_J£_--^_£pl_£_-_;^----; ■ 77/::. S3 Remington Rand Inc.;1 Common—_________ '777 35C vReliance 2 12-16 1- 2 12-16 7 12- 9 12-30 12- 9 : 1- 2 12-14 1- 2 12-14 12-14 11-29 1- 12-16 2 12-23 12- 12-10 1- 1 1- 2 12-27 12- 6 12- 6 2 12-16 12- 30c 12-28 12-18 —-—■——-- — $1.12% 12% c (irreg.) — Republic Pictures Corp.— ££• 7;:£7.7; / $1 convertible preferred (quar.) ;— Republic Realty Mortgage (annual)-,—-— 11-30 Republic Steel Revere Rheem 12-16 $35c 12-16 11-30 Rice 12-14 11-29 Richardson Ranch Oil Co. Company (quar.) — 3.6% pfd. (quar.) Co., common (quar.) (year-end) — (quar.) 12- 2 12-9 12- 1-2 6 0 9 12-10 12-20 1-2 12-10 12-10 11-25 2c 12-10 1135 25c coqimon — A (quar.)_— Copper & Brass, Inc. (initial)-—.—- Manufacturing 2 1- 177-• 5c Corp., Reymer & Brothers, Inc. Reynolds (R. J.) Tobacco, 13- 1Z 12-10 12-13 25c - $1.50 prior preferred 6% $2.25 1 dividend 12-20 7 5% 7 12-27 1-15 Stock $4.50 preferred (quar.) Republic Petroleum Co., common t20c ;' 7 11-20 12-14 30c 12- 11-30 12-12 2-28 $1.50: (quar.) 12- 7 /•• t 1- 15c * (quar.)_ 1-10 (irregular)— 12-10 12- $1 .712-15 $1.50 A12- 2 12-14 12-16 7 Power 11-35 11-05 12tI0 12-16 25c Reading Company— 7. 4% non-cum. 1st preferred quar.) 2nd preferred (quar.) 7 Real Silk Hosiery Mills, common, (quqr.) 11-30 50c quar.) 35C 25o common . . ■ 1-15 12-16 $1 77 : _____ 11-30 12-14 75C £■•■• 1*1 common— Raybft^tos-Manhattani; Inc. 7(year-ehd);£-£-i-^,/ 1-15 $2.50 _ $1.25 ' 11-09* ;12-16 -/i*;:; $2 __'_—— Electrotype Rath 12-16 11-30 12-16 7 12-16 > Extra.',. New " 1 12-16 50c 25c _______ Extra 11-30 12- •• .Rapid 11-30 12-23/ 10c 62 %c (quar.) . ,3%% 12-13 12-20 4 7 — common preferred (quar.) Manufacturing (year-end) Rand's 12-13 1 (The Extra 7 5 12-20 *, (quar.) -'7:.* $1 Quebec 12-10 12-27 v , 7—_ (year-end). 7 Ralston, Purina 11-14 12-10 $1.50 8 % •> 11-14 V 12*14': . $3iy4c Manufacturing Co., Ltd.,"com. (quar.) fweferred (quar.) _.-_____7 Ford, 12- .4 12-16 50c $30c Y.)—. Jersey-— 'Quaker State Oil Refining, 12- 9 12-23' 25c 50C * ''" & 12-16 25c ■ quar.)____„__x__— Quaker Oats Co., common vr 6% preferred (ouar. 12-16 _____ Co. 12-17 —————-— convertible Pyrene 12- 9 (year-end) Transportation (N. (quar.)^ Electric & -Gas— • Pyle-National 12-10 1-3 /•: (increased) (increased 12-24 ' (monthly), Company, Year-end ■ • 11-30 12-23 _* common (quar.) Pictures, 62 %c Hampshire (quar.) New (increased Inc. Oil 5% 11-30 $1.10 (quar.) common 12-17 •7 Extra Putnam 5 $1.12% 7 $1.25 (s-a)_ (quar.)__ Companies, 12-24 25c 11-30 12-15 50c Pullman, 11-30 f 12-14 t3%c preferred Paraffine 7* 62 %c " preferred Pure 2 75c Pipeline, 7* 11- 7 ■ preferred (monthly) preferred (quar.) .preferred (quar.)— : 11-27 7 •10c — Tubes, Ltd. 12-06 11- 12-20 — Co. of 11-15 12-16 :^$25c 7? ______ "5% Eastern 12-31 12-20 . 11-30 93%c I Panhandle 10c 2% ■; $5 3 12-10 : :: pfd. 1Z-J6 . dividend Page Hershey 4% 5% 11-27 12-31 la-si 11t30 preferred, (quar.) $1.25 •" 11*80 $1.75 ; 12-31; preferred (quar.j) ____— 1 12-23 U-i» ( Publication Corp.i com. > voting" (quar.) _'-;^__x1 I'A ' 40c '40c. 7-12-23' *) Common: non-voting ■fi-122 ;; 12-23 9 7;i / '-v <Extrh7/^£Ji_x_----7_,-£27£rJ7£r^3r_."'£_12- 6 ■''£■: fl % 1st preferred (quar.)';_"£;_£_£_-£C^--_7'' •: $1.75 '..12-16 1- 2 $1.75 7 •Grigmal preferred -fcquar/) 7 12700 '' Publicker' industries, lac.— 7 : £; 12-16 "11-30 $1.18% ;$4.75 preferred (quar.)___— • Mills 12-18 ioc ,7% 5 $10C 7. _, ____7— ■;V Pacolet Manufacturing Co., $25c 77, 7, .Public Service 12-50 12- '12-17 Co. ,7- 11*09 . .—-77; (quar.) 11-29 12-21 — preferred $5 . new 12-23 10c 12-20 12-17 . $1 —7—— Corporation." V60& 6 llr30 12-30 12-ai 12-31 25c /, (year-end),. Lines, Inc.—• (year-end) 11-25 12- } — 25c *• ■, 5 12-16 ;—- —: / Common ;■ '•11-30 30c 3.2- 12-20 12-13 Mines, Ltd.____—__— Bank National Increased '; "V, 2 11-29 $1.50 7 (quar.)— Co.— & Public'Service ;• 12- 3 12-20 75c 12-12 :: 25C >'"■ Extra' 77 75C l- 7 12- 6 2 1- $1 12 %c ! (quar.) Inc. preference 6% $5.82 12-6 ' '1-15 35c 7*/ 7' '*• £/'' -7";7 7?1••*'•■ **(quar.)—_—;—_______ preferred A Public , Co., common (increased quar.) preferred (auar.) 7-7.——______ __,»7 Tail $1 ; 11-29 25c 45c common 11-29 12-10 50C elevator 6% •'*■'■'* 32-14 1 •' ! $1 (initial s-a)__'____ Proprietary Mines, Ltd. (interim) _______—_ Providence Washington Insurance Co. (quar.) .Special _a—'<_'..* 11-14 12-10 Seamless Stock 20C (quar.) „ Corp., 12-10 $6^5l> 1- 12-16 50C 25c non-cum. 4% 11-15 5 of PAcific Gas 100 shares) common Corp.— (quar.) 12-14., ■ Otis 93 %c — Ltd. Co., - 25c - preferred 11-30 11-25 — . 25c 50C - 12- —_ 11(20 12-12" : 11(30 20c -- dividend)—___— — 'Price Brothers 30c Preferred Otter 12-2 11(29 12-31 *7'*.''•; i$40c Preston 1-20 12-10.7 (quar.) /'iu_7 j. Extra 1-2 12-31' commbn.i.____l—.— (stock Co. ; -21 Pressed Steel Car Co.— $2.50 (quar.)_ Ohio Oil Company (s-a)—_7_—_—7-_—-7, .7; 12-14 quar. Discount 12-20 $$1, — 12- (quar.) 6% 11-30 12-10 i 12- 2 30C Corp. of Canada, common (interim) 1st preferred (quar.)—_____ partic. preferred (quar.) 6% 12-16 'T (Minn.), common—_ ,'/' $1 Ox Fibre Brush Co., Inc./ (year-end) 11- 8 7 —7/ 7:77 $2 £ Oxford Paper Co., $5 preferred (accum.) $1 12-10 Oxford* Radio Corporation (initial) 7-.10C 1-20 1, PaaMu 12- 6 15c Sugar Plantation___— 12- 6 £ Pacmc American Fisheries (year-end) — .£'"7 $1 Pacific Coast Aggregates 11-30 (quar.) 7;**' . r 5c Pacific Indemnity Co. (Los Angeles) — .Quarterly 77——; ^.7— 7/; 50c 12-31 quar.) Extra-; National 5 12-20 (quar.)___ Power 15c ':• 10c Cylinder ; ; 1 1 ; 2 25c 7, * 15c 7:1,8% 'prior preferred" / (quar. )_777777_i.^7vii_ •; 1-10 25c Extra National 12* $1.75 (quar.) Oil Powell* River 9 ■ (quar.)_„_ National Container Corp., common 2- 12-10 1- $1.50 (quar.) A Powdrell & Alexander, 1 Investment— Greyhound 12-10 (quar.) 5% 1st preferred (quar.)_____ 2nd preferred (quar.) ______________ $2.50 stock American Confection 3.2-21 £ 7; Ohio 25c City class B__ (presumed) each $1 $1.25 " 12- 9 7 12-23 _______ 2 1- 25c Extra National $2 $50c preferred (quar.)—______ Co.—7' £^ '.7 * l ;r '"r''77 for f> 11-27 common Co., common Quarterly Polaroid Co., 4V2% • 2 1- r* 1- 2 $3175 Co. 6 32- , 12-3 *12- - 1 12-14 Electric preferred Plymouth £12-16 12-23 , ___ 1-15 2- %" 2 £ 12-17 70c (quar.)__ Corp., common 32- 12-10 ':* ' '* 11-26 , _—_ 1 $1.25 (quar.) (Detroit) 11-30 12-23 ' 11-26 $1.80 ' 12-14 Tube Co.,1 common "(year-end) v i$1.75 prior preference (quar.)_7_—.ii7—7 :>; 43 %C 12-20 Ohio Service Holding Corp. (year-end) 12-20 ;>.vf $5 7 12-10 Omnibus 711-27 ' 12-31 25c Corp., eommon__—7777——£r *•': * 8 % -preferred 1*2 11-307 (quar.)____ s •£-7*< $2 "7 Oneida, Ltd.,'common (quar.)— 18%c 7 12-14 7_7 6% -preferred £quar.)___£—_7____ 37 %c 12-14 12-10 Ontario Loan & Debenture Co. (quar.) 1- 2 12-16 A $$1.25 Ontario Steel Products^ common (quar.) 11-29 2-15 $25c ' 7 % 1 preferred 32- 5 7 2-15 (quar.) ___7—_ '$$1.75 12-10 £ Orpheum Building Co. (increased s-a) 25c 12-11 12-16 /' / Oswego Falls Corporation (year-end) 77!7 20O : 12-19) I80 30c ' Co. 9 11-30 7* 77 - .11-29 -7 — . 12-27 30c Year-end National Casualty ■ 2 A 7 7 '50c 12-10 12-16 $1.06y4. 7 5 12-12 '* _: $5 preferred (quar.) (quar.)___l^———_— Corporation, 3%% 8 (12-10 $2 Manufacturing Co. (quar.) __7—_—_77_ Ohio >•£!.(£ 11-25 12- 2 11- 25c * (accum.)„_ pfd. . 12- 12-24 . Co. 12- • 1 12-23 ' <.12-13 12- 1 93%c / . 12-10 compauy announces that the original declaration of 50c was revised to $1.25 Cash 7 5-15 12-16 12V2c 77 commop 12-10 40c 1 ,; (/"''.Extra (quar.) ' 7_L7—_———7_ Ohio Edison Co., co:nmon_: 8-15 £12-13 £ 4.40% preferred (quar.) 7—7— 12- 2; £ Ohio Finance Co.,1/4 y2% preferred (quar.\_ 12-27 1- ' 12-16 1- 2 35c Ohau 2-15 / V- 12-20 15c (quar.)__ (extra) 12-23; 12-10 •* 25c ■ . 12-2 12-21 37 %c quar.)_____ — . National Casket Co., Inc., $7 pfd. I 9- 12-20 , $1.27% Ogilvie Flour Mills, Ltd., common "(quar.)— Sugar Co., Ltd. (quar.)—— 11-15 1: ... VA'.--"- 50c 25c, Indiana Public Service Nu-Enamel 11-22 ' • 40c ..; (year-end 11-27 25c i? 11-18 / / ; Oak 12-16 7 11-20 12-22 2 ' 75c 75c 12-10 4c Rayon, class A (yearrend)'(year-end) 7—_—_' IT Common 12-15 " The National 12r v 12- 3^ $1 "0 1 , $1 American JB —' Co.________. preference Philco Corp.— 7- £'/ $3.75 preferred (quar.)— Northwestern Telegraph Co. (s-a) Norwich Pharmacal Co. (quar.)__ • 2 6- North Northern 1*1-19; . 12-14 • 12-10 Ltd. $5 Co. common American Northland 12-20 3 j common.— By-Products of 11-29 12-10 3" '1 share 11*29 12- 9 $2 Gas 1- $2.50 ; North Central Texas Oil (year-end)'— 10c ■ v. ,7 Breweries, Ltd., preferfecr -(quar.) 7% • American 7/ »Glass .11-30/ i; 12-12 . 12-14 __ _ 11-19 ' 2 : 11-30 7 1- i ,• 12-14 T 7 [ North Pennsylvania RR. >Co. (quar.)'——_ n-2a i 7 North/River -insurarice Go: (N.^Y.) (qtuar«)._ Northern -Empire Mines (interim) J77 •>11-28 11-19 10c National National 4 11-30 25c (extra) National 7 12-14 ■- 11-30 5de 7:>v' ,55c 7 ; national Alfalfa Dehydrating & Milling Co.— Common (initial) National Automotive Fibrej____i_ National 4 1- 2 America— certificates 25c __ *, 12-10 12-20 preferred (accum.) .•, '5y2% preferred (accum.)————_ 6 12*14 500 - . & Bros.______ Voting> trust iNatlonal Acme 12- A:l $1.18% J^ation-Wide Securities Co., Inc.— 7 , 12-11 25c Hosiery Co. (initial) 7 Pillsbury Mills, Inc., $4 preferred (quar.) Pittsburgh Brewing, $3.50 pfd.; (afceum.) ^ Pittsburgh' Consolidation Coal Co. (quar. )__* / Pittsburgh Forgings Co.— Pittsburgh & Lake Erie RR. Co. (reduced) Pittsburgh Metallurgical Co. (quar.)_i._____ Pittsburgh Plate Glass (yeai-end)— Pittsburgh Screw & Bolt—— Placer Development, Ltd. (s-a)_____—.— ,' Pleasant Valley Wine___-___££^_-__________ ,,11-30 12-31; 50c -6% .12-14 / 40c r : Hamm's, Inc. (quar.) JJash-Kelvinator Corp. 1 7-7/ 11-30 1-2 77; $1.75 >; -v $1.75 ;. (quar.)^ convertible North > ' preferred preferred $2 7 " 11-15 t : . 12-16 (Maryland), Corp. ££7.''. & Electric :7''7 $1.75 ;■: — Muskogee Mutuai 2 " 12-11 1- (quar,)__L-___—' Co. ' 11-15 30c £111-15 80c 12-34 30c . & Bridge, American Cat "77..One 30c •: •/ (quar.)__— Murray Corp. of America— v 12-a. $1.06 »A; Phoenix 11-30 $1.50 (s-a) Mines, Ltd & Western Railway Norfolk Brewing preferred $1 • ;!> 1-2-47 ,<r $50c 12-16 7V1- 2 12-16 ____ 12-14 40c , Supply_-__P_w-i---w-^>_--^ preferred (quar.) - Piston Ring (year-end) J Company 11-30 ■ 2 25c Exploration Philadelphia 7 11-15 -,*■;. Power, Arch Share 12-16 :» 12- .12-15 r $1.75.7, , Extra / North 11-15 12-30 $3 *■' ,77 50c • Muskegon Lower 11-307 2" '$2 7; Muncie Water Works, 8%. preferred .(quar.) Muhsingwear, Inc.( new common (initial) Murphy Chair, Co. (initial) Murphy, (G. C.) Co., common, (year-end),_ 4% Hudson Niagara Noranda 1- $6 2 ■ 7__£7£i__7;_____££__7_ Niagara 11-30 ; 20c 7 __ $7 preferred (quar.) Mueller Brass Co,..i— 4%% Year-end ■,:,7 11-30 12- 12-16 -12-30 25C '/preferred;';(quar^_£i£,^£L££_^l»£££; Niles-Bement-Pond t$1.75 preferred- (quar;? " ' 1-2 12-31 12-21 1- ■ Phelps Dodge Corp.. Philadelphia Bourse Philadelphia Company, . 71- 2 777 (quar.) 12-16 13c 7,' r.'.l- 2 - t$l,75 <■ (s-a) preferred 11-30 $1.30 Mining Corporation (quar.)_^ Electric Corp.^—. • 7 / Niagara 4.1* .2: Royal Hotel ■ 7 435c Mullins Manufacturing Corp., class B__^___ 7:,7'"" 25c $7 11-29 12-15 Co. Electric 1-1 Mount $7 • 2 12-14 t«6%0 7 v/7. State 12-18 ; . ):$L40 . Products Corp,- (year-end) Motor Wheel Corporation (quar.)— 7 ' 12-16 12-15 $21 Industries, Inc., com. (year-end)_ Common (year-end)' 4%% preferred (quar.)_^____— Newport News Shipbuilding & Dry Dock— North Motpr Producers /.11-29 (year-end) City Omnibus Corp.____________w£ It 1 $D«c . Mountain 12t16 . Co. Brake 12-10" J20c ^ _____ Fuel Extra 20c (s-ai-^T & Harlem RR. Co. York North (quar.)" Extra Mountain York i 77. 11-29 9 Zinc 12-20 . 1- preferred £; Consoli-r> preferred B ■fquar.) 6% 7 ; 2 — l Petroleum ; -Newport 11-30 12-20 Co. Mining Air Newport 7 * ; Morgan (J. P.) & Company (quar.).;. Morgantown Furniture Co., common (s-a) Y v 1,'/i Co.— Mills___l_ (year-end) Park f f}'7£3%% 11-29 ! ' 1- 7% 2nd preferred^ Moore Corporatioiv,:Ltd., common-(quar.)^ ■ Extra, / ;7% preferred A (quar.) 7% 11-30 11-30 lJL-a© $1,06% 2nd- preferred (quar.)_ Petroleum Corp of America (year-end)—7_ 20C Extra Storage— .— 12-13 12-13 12-21 12-31. 25o Company, common preferred (quar.) 11-30 $1.50 Worsted Jersey Newmont r, J25C ,.m - 12- .6 •: $2c ~—_ Milk 4%% 12-15 $1.50 5.10% preferred (quar.)__ Newberry (J.-J.) Co. (increased ;7. 12-20 12-20 Water York 11-29 2 12-16 1st : 2 12-21 15c (quar. _ Jersey New 11-25 12-12 lc Common , 12-5 12- 5 12-141 14 . 4 ' 12-00 12-14 "$2c Pet $3.50 . :_7£w-v-;!- New 11-22 -i 50c V Ltd. 12- , 1-15 25c preferred New 12-10 : H'y} $2'.. - Works, 11-29 Ltd. 12-16 12-16 12-15 (initial quar.)_ com. $3 preferred (accum.)__. Public Service— New ' 12-12 40c , Refrigeration (initial)- 2 2 Mines, ' , _________ New 12- 1 £ 20c v„: - _^ locomotive 1- Gold 12-15: --/• lien Haven Npw 1 1- 2 Montreal 11-.2.9 12-"i 12-27 20c (quar.) ! 12-31: 1 ' 50c . ' 12-10 12-14 17 %c. .. ; . 12^10 2 SI *1 ' 1 Corp.;. (quar.)___—___i— Company 1- 12-27 , " 12-13 1- 2 t,i ( 1- 500; (accum.) prior lien preferred (accum.) England Telephone & Telegraph New 12- t Montreal 7 12- - new £-. New 74;».Quarterly 12.. prior f New York (irreg.)__ & Power Co.,, - Meter Co. (initial) England Fire Insurance $6 $7 ; 12-16 _ f • 12-16 1- Molybdenum Corp,1 of America (quar.) i2y2c Monarch Knitting-Co., Ltd., com., (irreg.) ^ tl5c 5% preference ^ (quar.) $$1.25 Moneta Porcupine Mines, Ltd. (interim) 7 t2c Monroe Chemical, $3.50 preferred (quar.)....,, 87V2c Monsanto Chemical/.Co.«(year-end) 1 25c Montana-Dakota Utilities,» common>^„_w^ 7 , 15c 5% preferred (quar.) $1.25 Montreal Cottons, Ltd., com.-i,(increased)_^..^ ) tl4o 7% : preferred (qurar.)_^.^___>_^„^,^^.. ; $43^0 Heat 2 12-jia 15c Perron 50c v ■ Non-assented ■>iY- f 1- $1.50 __ t(quar.)__ Brewery," Ltd. (quar.) ^L._ Light Permutit 3 Pfeiifer . U— New England 1-3 20c y/vi preferred M mitre a 1 —_'? Circle *7c (s-a)__—__— Brothers, Extra - 6 12> 25c Mojud Hosiery Co., Inc., common™-^^ , Perfect *2o — 12-20 75c ^.^-v, Year -end 1- 12-10 2 40c (quar.) 12-14 12- 12-16 ►16c . , 12-20 $1.25 ;r Mohawk Carpet Mills, Mohawk Ruboer Co. (extra) 5% 'J (quar.)_7_—__ >' New England Fund— 7 7 .7. .7' .7 .7-77; 7//"... 7 7 Certificates of beneficial interest__£_____ New England ^Llme Co.,, common (initial) 11-30 20C rMobile & Birmingham RR., 4% pfd.. (s-a)„« JModern Containers Ltd., class A (initial) Molsons series series_____«___«-__>_ 1- '" 4%% ____^_7 preferred New 11-30 12-16 5c V ; (..' 11-15 12-16 5c 7 - Co. stock Group Inc. Year-end Funds— -Neptune 12-14 , Line 40c 40C s-a)_ 2 Stores, Peoples Gas Light & Coke (auar.)_7_— Pepsi-Cola Company (quar.)^._t»_. ,.* aoecial • w—j-— 12-' 2 12-13 25c (increased *Estimated distributions. 7 Cement Co., common 7% ■ ■ Neisner 11-22 — Pipe £fv: . .12- -9 . .Missouri-Kansas /; 4 2 Minnesota Mining & Manufacturing&& 35c Appliance Corp.. 12yac .Mission Corp. (year-end) i •___ 20c .Mississippi Power, Co., $8 pfd. (quar.)w—._ !V > $1.50 Mission Corporation y.: ; $1.25 . 1- 12-23 ".Mission : Company 1- $1 Corp. series ; Selected ,12-12 ■-50c $1.37'/2 Co.— Preferred , £ Stock .'v 12-13 11-27 1-14 $1.27>/a ;■ ' 1-2 $1 ■_ —• __; 5 5c (quar.)„____ (quar.) . 12-21 1-3 12-10 60c : ,___—— Minneapolis-Honeywell Regulator Common 12-27 t5c 37V2C j (quar.)___ (quar.)— 2 2 12-20 50c Trust I — (quar.) 1-21 15C National 1- f;)» TfiCv pfd. 12-10 1-31 (quar.) 12- (s-a) ————____>, Minneapolis, Brewing Co. (year-end)——_7£ 5% Co. Transit —__________—_• Minneapolis Gas Light, Steel National preferred iv;;■= 5%% National 11*29 50c v 5 (increased) 12-18 Oo.__ National-Standard (Formerly^ Fifth- Street common *-v.Extra Radiator 12-16 12-10 12- 25c ■' — J.) 12-10 2% 12-10 ; - _______—___—__ (quar.) 11-30* 12-18 . 12-13 (quar.)— ' 12-14 Nazareth $1.50 convertible preferred • (quar.) Miller Manufacturing, common \Extra-; National 5 85c Drug 12 %c 90c 25C lc $1.50 12- 2 2 12- 9 12-2^ 13- 2 12-21 1- 11- . 2 12-16 1 12-10 12-16 11-15 2 11*26 12-12 11-30 12- ' . (■ r • ' * - ,*•* ■ 12-14 2 12-16 25C 1 $1.50 1 , 12-20 iY-: 9c * Inc., 1- . (quar.)__; 12-10 ^ —___—________—_ uerineries, 12-14 Peoples ; Corp.— 2 97%c ____—— Mid-West Pumps 12-30 « i,- . 12- 1-2 12-14 2-5-#7 12- 2 12-20 • 40c prior, preferred ■t,.\ 30c . 10c 1 40c $1.25 ,5% preferred (quar.);_____'_-__—i-__—, .30c .^Pennsylvania Power & Light. Co., common_7 4%% preferred (quar.)__________7__ !• $1.12% t 30c Pennsylvania' Salt Manufacturing Go._ 12 %C Pennsylvania Sugar Co., 5% preferred—» ' $1.12% 1- 4-1-47 3-lD-ft? i, 1-13 11-25 ; 15c Participating . 1- 12-2 * 12-14 ^increased quar.) National Sugar Refining— National Tea Co., common (extra) '•V; < 11-26 12-15 4 1 $1.75 Products dividend National 11*26 6 2- ' __i Oil Stock 35c Middlesex Water Co.,L-i^u-„-.---.---.---^Midvale Company Midwest Oil Co., common (s-a)£_ 8% preferred (s-a) ■_>, . 1 National $1.75 (quar.)— Petroleum— prior preferred 1- 15c ____ $2.40 12-1 1 62 %C . Mickelberry's Food Products > ; 25c _____ & Mid-Continental ; 12-10 25C Therihit Corporation, com. (quar.) preferred (quar.) ______ ; Disintegrating ! Metropolitan Edison, 3.90% preferred (quar.) Metropolitan Paving Brick (initial) Mica' Co. of Canada, Ltd,' (initial) Michigan Stqel Tube Products (resumed)- . 12'- 9 12-30 (quar.) Metals Year-end 50c Switch, $1.20 pfd. A (quar.)_ Pennsylvania Exchange National Bank (N. Y.) (s-a)_— Pennsylvania Glass Sand Corp.— Common (quar.) • t 12-30 '.1-2' 7% • i f 25c < Machine Company Forming Corp..„ Metal 6 12-9 1-20 __;— Penn Electric 5 12-20 $1.50 '12- 5 250 2-15-47 2 $15c 1' Extra : ; l.;j, 6% preferred B (quar.)_-_—____7_^_i._ 7% preferred A (quar.) ; 7. National Linen Service Corp., com. (quar.)_ ■71 4 V2 % preferred. (quar.) ; National Malleable, & Steel Castings--. 6 87%c (year-end)•; Messenger Corporation (year-end) Mesta 12-26 . 1212- • 12-11 -v $1 12VaO . ' tquar.) .12-13* ,MV 12-11 25c $1 Merrimac - '25c ; (quar. )i..4 common ; Extra Meredith -12-28 , £''<7 quar,)_; Merck & Company, common ,;•.,£, , 50c _— Co., 50c (quar.) (quar.) preferred (quar.) — 7,' . Quarterly Merchants Refrigerating Co.-^^ ' .Class A (increased quar,j__. Leaa Common 1^-14 12-20 Holder» Payable oj nec. A12-20 50c Common 2 ■ Merchants Snare £ (year-end)__ tpw 7 7 When 7 1- 50c Company Telephone CC. 1 t- Per Name of 12-16 12- x- $37.J/2c £ 2 12-14 tloc (quar.)_^__ National Gypsum Co. (year-end)__ National Hosiery Mills, Ltd.— Class A (quar.) 6 1* 50o u: v7V. !«( f Holders Peninsular 50c Box, common National Grocers, Ltd., common $1.50 " , 3601 Payable of Rec. (Hartford) — Quarterly Folding 12-12 ",l * When Share National 5 1- Per of Company National Fire Insurance Coi , 'V-Y Xi- . Name 12-15 12-31 15c Mengel Company, common (increased quar.) '/ Extra ; _1 5% convertible preferred (s-a)________ Mercantile Stores Co., common (quar.)_—__ 7% preferred (quar.) 2 1- 1' $30c __ < .,£•£ ^When'Holders Payablqof Rec, Share >fui&'.Y'S $'»,* \.V - 1 .■ ' l-'.'.'W'M '.'V 'i.(;n ,'!'■. • Name of Company, ,, , JhUil^' FINANCIAL CHRONICLE & " i. j £?i 1 *'' n h -V J! %* fftfW/> WMw*. r«*WWW WMIft Richfield Share Company Oil Corp. (quar.) ™, Riegel Textile Corp., com. (increased quar.) $4 preferred A •(quar.)*™,—..—,,,**.3*™*,* River Raisin Paper Co. —.—* Extra *™*——-r-——— Metal Riverside Robertson Robertson 12-20 10c 12-20 (P. L.) * 12- 5 . 12- 5 12- . 1 , "i 'V V'1'. •„> 5 12-13 60c 12-20 .37%e 12-10 llj;25 t50c 1-2 12-20 Spiegel, incorporated— 12-20 1-2 756 '12-16 100 1-2 RObbins & Myers, $1.50 partic. pfd.- (accum.)Rockwell Manufacturing Co. (incre. quar.). - -12- 5 12-20 • r ; 1--2 1216 llr30. Union ^Asbestos 12-16 12- 6 Union Rag & 40O $1.50 12-16 12-10 12-15 12- 2 12-20 12-10 „ , 11-16 , *'* 1-1 . 12- 5 12- 2 12-U 12-27 <•. ' $112 ■"• 12-16 ,'/•$!; <■, — —, •- 26 c ■ > : preferred i (accum.) ™*™**. • of 12-10 II-22: 12-1 11-23 * $250 ™™™™™:_™*™™.. 1-15 ' 11-30, 60c %2Wc 12416 11-30r Starrett 1-2 ;; 12- 1-2 50c 12-10 ; 6 4 ■ Extra Scott 1243d; $3.40 12- , Stern u-80;, 12-15; 11-30 v «5c ••p«derpedc'4(qttat.)^:^^l • 3-1 12-14 11-26 12416 Vll- 5 inc. ' (quar.).*-.™-™ Seiberling Rubber Co.,'common 5% prior., preferred A preferred class (quar.)__._ — . (quar.)u*-*— Selby Shoe Company*.. Sender (R. B.), Inc. (quar.)... Serrick Corporation, class A (year-end)—— Class B (year-end) i......... Bervel, Incorporated/ common (resumed)™ $4.50 preferred (quar.)™.: —.... Seven-Up Bottling (Los Angeles) (irreg.)- • - Sharon-Steel Shattuck (F. Co. Struthers 12-14 $1.25 1- - 1 , . $5 -preferred 12-10 : ; 12-16 /; '• ' 12- • 12-10 Oil Sherwin-Williams Co, of Canada—; 7% preferred (quar.) , Optical .Co. X ; 12- / 12- ;Extra . Extra — Simonds Companv Saw 12-26 11-18 12- 11-18 11-18 12-15 11-30 1- 2 „ 11-30 :: 12-14 12-24 12- Texas . . ' 12rl0 $500 1- ; 2 12- 2'f 12-14 45c 11-23 Texon 11-12 12- 1- 2 30C A 12-24 12-20 30c 2 12-10v , 12-20 : 12-10 ,r 11-8 12-14 '11-16*; 12-15 15C 11-8 2 . 12- 2 2-15 12- 5 , 25c 12-20 12- 6 12-20 12-6 ~ " ^l^S 25C '62 %c (quar.) -*™_x.*™._.™™^ 11425 1- 2 12-20 i ■ ' " ' ;'$!• (quar,).....*.. •* 12-16 ■ 1-2 12-16 , 12-16 ;..,:l-;2;; Southern California Edison Co., Ltd.5% original preferred (quar.)... 37V2C 1-15 12-20 34%C * 1-15 37 %o ... Power— Southern States Iron Roofing Southern Union Gas, Co., com. (Increased) 4V4% preferred (quar.).™*™.....**. 12-15 11-20 1-15 12-20 12-12 12- 2 i 12-20 $7 %C'. $1 76c 12-23 . .., 12- 2*^ 12-16 11-15 $1.25 12-16 11-15 35c 12-16 12-5 '600 1?-1« J'- ... " I 15C 12-15 11-30 $1.06% 12-15 11-30 $1.50 » 12-10 12-20 12-6 *356 1-15 1-13 , Co.* *™ 12-30 ^Oc • ; ,12-18 / 1- 2 Utah 6% ™ A 1- 2 11-30 12- 9 11-25 i5o 12-20 12- 5 - $10c; • 12-6 12- 6 11-29 11-29 12-5 Vie ? $7%C . 6-1-47 4-15-47 «7M,C 6-1*47 7* 12-15 12- 5 13%c 12-15 12- 5 $2.50 12-20 12-10 $L75 A 1-20 $1 12-15 11-30 1$l- 1-2 12-14 60c- 12-20- '12-'4 11-30 12- 6 12-31 1-30 11-15 1-10 12-23 11-30 11-29 11-29 12- 5 12-13 12-16 12- 7 12-14 11-22 12-14 11-29 12-23 12- 2 12-23 12-2 12-23 12- 2 12-16 12-2 . 12-14 11-15 12-16 11I5 A.'.V- 12-17 50C 12-2 50C 12-16 11-12 12-16 11-12 2 12-20 1- $3.50 'tlViC 12- 6 1-4 12-31 $1.50 $1.60 12- 12-14 Indies (s-a) Sugar Corp, 1- 25C , .1- . 70c 12-27 * 25c // 50c —™—™ 12-3 12-20'' 12-14 1-2 50C V 2 "1-2 - ■e.V 12- 2 2 12-16 «0c 6 11-25 12-11 17-14: 12-2 12-12 12- a' 12-12 Point Manufacturing Co.— '15C 1213 New common (extra) -_-™™__*™™*™™; West Virginia .'Coal A* 25c " "12-12" Coke_'A—--r*-----™ 1-2 25C West Virginia Pulp •& Paper™**™-*—*— West Virginia Water Service-^* 12- 2 32%C Commca (increased) —™.™™™-™™— 1-1 $4.50 preferred, (quar.)— A™ ,r.™*™*;, $1.12%. 12-14 ; $50C *-WesteCl Products, Ltd. (s-a) A-—*™™*™* . 11-29 11-29 , 12-16 ' . . 11-21 ' , 12-16 , ; 11-20 * Western Light & Telephone Co., .Common >(s-a) 12-21 12-13 '. 75c 12-14 50c 12-14 " **—™._™~™*™™—',—-_***_* preferred (guar.)™-™-—— Extra S% •II: / t 11-15 Inc..— r-r™**™rr:— ^ 1-2 12-24 $1 A20C West 11-30 50c 12-20 t30c A/.A. $1. 12- 3 62%c 12-20 a;;.-.-' $1 11-30 12-10 It 2 '/ ,1*..;2 ' 25c . Washington Water. Power, common- (quar.)* $6 /preferred (quar.). _™*—*_™™*™™ Waukesha Motor Co. "(quar.) West 1 12-15 12-17 11-15. Wayne Knitting Mills' (year-end) **™**-™* Wayne; Pump - Company: (quar. )*™-*_*_*****. Weeden & Company, 4% preferred (quar.)* : Wellington Fund, Inc. (year-end)———™ Wesson Oil- & Snowdrift (auar.)— ™™-*™ 12-16 12-10 11- 8 12-12 ."'"A 250- 'Extra-. **-**———™-*™. 11-30 V ■ 12-10 40C ■ River RR., guaranteed (s-a) ™™ i, Warner Brothers Pictures • (quar-.) _*-™***™ 12-31 1-10 $250 1 Ware 12-20 12- 2 12-17: -15^47 37 %C • 12- 2'; 2-1-47 tay-ic : Walgreen Co.—>- '• *;:4 :-;'•• •/, 11-25 $4 -'preferred:, (quar.)——™™™™™* 12- 5 Walker (H.) Gooderham & Worts, Ltd^— >'• 12-10v * • New* common (Initial) ■"12-; 2.: Walworth;, : Company * (resumed) Wamsutta /Mills (quar.) «*. 12-1 »11-23 1 12-20 1-2 - 12-5 £1 11-30 " Extra- 11-25 12- $1.25 Electric-Cofp. auar.) 6* Wfc-Wie» w-w* XWnMWVWh WWWn/-. Amulet t Mines, - Ltd.™, ™™™™**Walgreen Company, common (quar.) *™-™*« Waldorf System (quar.)_-**__-*™**-™*-'™f : 12-10- . 12-14 62%C Waite 12-10 , N. ''.42- 0 12-16 $3iy4C Corp* Cotton, Ltd. (quar.)*.—™—-*-™ Wagndr 1- 12-' 12-20 50c . 11-27 12-30 65c V.. . 11-27 12-10 12-24 4-17 S 1 :.-"250'" : 12- l '«A; All-10-A, *11-29 12-31 12-14 2- ;:V'$2 . -.' 12-14 ' 12-15 12- 5 12-10 12-16 12-. 9 ; 11-30 $2 11430 12-10 11-30 31.75 12-10" 12-27 5 * 12- 12-14 30C Ltd. (s-a).™, * Viceroy Manufacturing Co.r LW. (quar.) -™. Victor Equipment Co. (yegip-end)**™*™™.* Viking, -Pump -Co,.*..*™, ™*™*™™™™™/ Virginia Dare Ltd* 5% preferred (quar )™_ Virginia Electric & Power, $5 pfd. (quar.)™ Virginian Railway, common (quar.) 6 % preferred-; • (quar.) ™*™™***™**™™^ //.;■ 6% preferred (quar.)—————————————— 6 % Iprpferred <auar.)_ Visking Corp.,:class A (monthly)™™ Class B (monthly)' Vulcan'; Detinhing' Co., common***™***.™ ; >' 7% /preferred ■, (quar.) *™™™™™'™™:™™ 12-31 ::)l-';2v 11-25; 12-15 10c Ventures, 12-13 37 V2C $1.12% $1 12-15 $1.50 - (quar.) -7% preferred (quar.). Veeder-Root. Inc. (year-end) ; Wabasso 12-16 12-29 * *12:10^ 11-26 7 12-13 • 1-1 12-20 i5e - Wabash-Harrison 750.-, City Rapid Transit,-com.: (resumed) convertible prior preferred (quar.)™; Disc Clutch Co.™.™™—-™™——-™ :-A; /A.A;;$2v (accum.) 12-20 12- a 1-2 , 11-27. 12-10 12- 2 • 12-12 12-20 12- 6 12-16 11-27 2 12-20 12- 5 -933/4c • -,-25c 17- ' preferred uvw* wf—a* *# 12- B ; 12-10- 12-31 75C 12-14 ' 12-18 1V- 4:-jJ •50c $4 ** (year-end). 'Extra 12-26 , - -12- (year-end); Vapor Car Heating Co* Inc^— $2 _„™_..™. $1 . (initial) ■.**-™™i-™**™..™™™'-' $1 $1.75 $1.12%: ™™..™™_.._™w ; $1.06 V4 $1.55 die Kamp's Holland Dutch Bakers (quar.) Van '124- 5 50c - 12-14 Van Norman Co. 11-29 $1.25:: 12-31 12415 7 $i - 12- 1'/V & 12-16 _ Twin » 15c > 2 12-16 :.A :./••; 75C • Power Common " ; !•>- Light ™—™*/ Valepar Corp., $4 convertible preferred (s-a) 11-26 1-2 ; 2;,A: 12-16 11- 8 *'A 12-14 8.;/.: 12-27 10c '31 V»c 12- , Hotel Oil Refining' Co, 12- 6 12-20 • * Utah 12- 6 12-12 A *> $4: ./. ' 25c 12—2 r.:? 12-16 " 12- . A Co. Utah 12-14 3c ^ 12-15 25c ■; 12-12 ::<i--9',,: 50c :'-1- 2 ; _ Twin 12-*7, yM/•/: 12-16 12r 6 12-31 , . * 12-14 — $1.50 convertible preferred (quar.) $4.50 orior-preferred (auar.) ._**.*** a//.-''/;/ ; 12-10 *;A'A/2«WA (year-end)™* : 4%% preferred (quar.) ( }■ 7 1-15, .31 %c: ■I I' i , .12 12-31 lbc - ™™™™.™—™**.— -™*- ™ Quarterly 12-16 ,/-2- -1 .12-14 (quar.)™„_™*_ '.™™.™™___. • - 12-16 //•;„ ■/.12--'"6r'/1,-;-A''; ■ 12-24 $1; Ltd..™.*-™-*™*- Upressit Metal Cap, 8% .. 12-16 12-16 Trl-Continental Corp* common (year-end) ,30c $6 preferred (quar.).....*...™™.***™.1 $1.50 Troy & Greenbush RR. Association (s-a)™* $1.75 Truax-.Traer Coal Co. (quar.). ,.__.* • 30c Tfunz, Inc. •*; ._.*_-.™.™*_*™.*™™™™: .*76c Tucson Gas Electric Light & -Power (quar.)*-A* 50c Tudor City, 9th unit 6% preferred (accum.) $1 Tung-Sol Lamp Works, 80cr pref. (accum.) * 20c Twentieth Century-Fox Film, com. (quar.) 7 75c .Extra 2 $i; , 12-16 i 12-23 Utah-Home Fire- Insurance (Salt Lake City)— 12-30 1- 2 56Vic ; $20c :;,ir2 1-2 ':;:$35c;':,-- '(quar;)***.******.**- Travelers Insurance Co. Extra 1- - 11-25*/'.-.,/.*:;.* 12-23 , >•- - • $1 Upper Micnlgan Power & Light— $3 preferred (quar.)™*. 10-31 / 12-16 " Corp., Universal Fictures, Universal Products 12-20 .. 1-2 „ i$l.B0 "Line—~ "Southwestern Life Insurance (Dallas)-— Quarterly 1- 2 ,12-30 ■;i ■ Tip, Top-Tailors, i Ltd. (quar.)_*.._._.™_™. ; $7%o Title Insurance & Trust Cor(Los Angeles)-^ A: A. Irregular ™.™ _*™*..™..._™.*-:t '50c Todd Shioyards Corp;, _**™*™...*. * : $1.50 Toklan Royalty Corp. (extra) .™......*.™ : * 3c Tonopah Mining //(Nevada)*™****.*-**™**1/^'/;:,:/' 3c Toronto Elevators, Ltd. (year-end)*.**.™™ $$1 TOwmotor Corp; (year-end).™.*..****..™ 50c Traders Building Assn. Ltd. (quar,).**.*™ $$l Trans-Lux Com. (year-end):.*™*.™***™.. 15c Transue 81 Williams Steel Forging Corp..™ 25c ? .... Land 680 >"50c 12-/,3 12-'2: 1-2 V' .35c50c / • -12-^ 12-io: $38 Universal Match Corp. : 10-31 ■ .6% participating preferred (quar.).*.* Southern Natural Gas Co.* Southern Pacific Co. (quar.).. ! * Southern Railway Co., common (quar.).™™ 5% non-cum. preferred (quar.) Southland Royalty Co. (year-end)__ Year-end 1-2 $1 South^Porto Rico Sugar, common (quar.)™. South West Pennsylvania Pipe 12-20 , Extra:: ..™*..„™.**™.™i.*.*^.i™*.*.*1',15c ; Time,- Inc.- '(year-end)-.*.™****™.*™™.*.. $1 ; Timken. Detroit Axle (stock dividendl_™.* ;5% • 2- 1 12-31 3IV4C $1.10 Southern Canada ; Inc., 5% preferred (quar.) *_*_.*. Company (quar.)*™™™.*.—.* Thew Shovel Co., common (year-end )*™*i. 7% preferred (quar.) ;**.™_*.*_*_™ Thompson Products, Inc., com. (year-end)™ 4% /preferred., (quar.) :^*..™™ Thrifty Drug Stores,"common/(year-end).* 4V2% preferred 'A (quar.)**..*™..™*.™ ■" Sonotone Corporation— & 4216' i1( 43 %c Laboratories, ino^— Quarterly 11-29 -11-15/; IOC'..-' 12-31 -' Tide Water Associated Oil,,$3.75 pfd;-(quar.) Tilo "Roofing Co., Inc. 11-30 12-14 13 %C: : Oil A12-J6 i ll- 4 25o 7% Universal V 12-17 2 1-2 15c Thermoid 150 5V2% preferred C (quar.) B; preferred (quar.).*.™™™., 1- 12-1 ;62%c Pacific Railway (year-end) ******* (Del.) - ( quar. )*A._.*™ .7*1*47 6- f«$7 4-2 United Steel & Wire Co. (quar.)™**™*™*™ $1.25 Textron; 12-12 $3 (quar.).. & 12-17 25c 6% 12-17 : ; 75c,'; 12-30 (quar.)Z._IZ__.-..*™.*_™ Texas 4-1-47 3-17*47, 12%o ^ . $17%o United • Steel .—.™. Texas Public Service /•••I- 2 >: 12-10 — 11430 1- 2 Extra *.***-**...****4,v :$1 *• 12-16 Texas;. Gulf -/Sulphur (quar.; _-*i*_-******™.;; 50c Extra,' '■*-***.™*_-**™*..*.*.********.**/:/::^>;50ci;:/' 12-16 11-23 12-14 $1.50 $1: ™™ 1210- 41-27, 12-16: /30c common.. 11-30 $3c 75c Inc., common (quar.)****. 11-16 >1 12-16 $1.50 : , Socony-Vacuum ^preferred Company '42418 ' 2 93 %c /;; U. S. Tobacco Co : $3o ; _* . v, $1.02 non-cum. preferred (quar.) ***™**™* U. S. Truck: -Lines,: Inc.***™.™™***.™™™.; ,:*-T- 3 l;-;- ..*™_™_*.*..*.*..* ; 6 11-2$ > Solar 6% , (quar.) * • . p. U. S. Steel Corporation, 50c preferred , - - 12-16. '"12-'7?.-.> 12-16" 11-30."' *1-2 : 12.416; ' - $1J25 :#$1.25 10% A 12-16 •:Pi+'3$ "50c ; ™.___. 12-17 $$1.12V2 Oil. Co. (extra) Aircraft Company, common; (quar.) iw."Loxar Manufacturing. Corp., com. (quar.).. S5c convertible preferred A (quar.) 12-27 /70c 1- 2 1 12'K 7% preferred (quar.)—.™™™; $1.75; U. ;S. Leather Co.-w660. 12-16 11415 "3* 4% non-cum. class A (quar.) 25c / 12- 3 ; ' U. S. Lines Co. (N. J.)*, common. 12-13 1- 2 12-26 : * 22 %C 4V2% preferred' (initial s-a)™*™™™.*™ •'* 11- 4'; U; S. Lumber Co. (Scranton) (liquidating)* A,A-v-$5'; 12-14 4oc :• 11-80* * 1210 U. S. Pipe & Foundry : (quar.) — 12-14 vi§ 500. •:"•/1* 1 U. S. Playing Card (quar.) ™™*™™*™™™ 12-20 * j 100™ 12-23 sAUnited' States Plywood (stock dividend) *™ 100% 10-14 ; r U. S. Pptash Co. (stock dividend) -™—™™62 %C 5% preferred. -(quar;)4™™*.*™**™**™**/'' %• 1-1 ' 12-14 ; 12- 9 1118 A'A U. S. Rubber Company—™.™™*.**—**-« v 75C 1- 6 11-18 : A ':'$1';' 12-9 11-18 f < 8% non-cum. 1st preferred (quar.) .**™* • /AAA $2 12-14 40C Telluride Power, 6% 2nd pfd. (s-a) ,Tennessee;Corp. '*..****^._..„**.**.***_..* 4- 1 , 12- fpreferred 11-23 12- 7 1-2 preference (quar.) _.*™_.. $50c Taylor-Wharton Iron & Steel***.*****:*****.,,;ZVf 30c ' 12-6 Teck Hughes Gold Mines (interim) 1 $5c ;:;2-::l;,: Telephone Bond & Share Co.*/ * ' 1 12-14 7% 1st preferred (accum;) *_*_„. $1.90 12-14 5% 11-22 4% 11-18 9 12- 9 : Molasses, 'Ltd,7 12-14 25c. Extra Extra ' 11418 ;• 1-.-2.: $L25 jh 2 1- '40c <%"'%. preferred (quar.).*_*__.__™*.™™ (G.), Ltd.; common, (quar.) _.***. '-Extra ' **.*****„X....™.**™™*^.*:**™ 25c South Penn Oil Co. 12-10 ; 12-18 '40C S Tamblyn 11-27 12-9 12-8 . : u-20 12-10: • - V 1-15 150c • 12-10; 10-31v 12-10 '25c: Corporation, $2.5Q pfd. (quar.)™—, 12- 9 ... South Carolina. Electric & Gas—• Common (initial s-a).^ . >12-23 10c ,2- 5 ; mi-m- 1 10c •, (James) 12-10 (quar.) 1- $1.75 :',_._^*_..^.._*.**..*_*.*-;r*.*x*-* ,-v Taggart ' 12-10 A >11-23 12-9 ,(quar.)*._..I.****l™..™,.*.*:: Talcott ! / 20c preferred 12-16 12-10 / ■ ;™ convertible 12-10 15C 'Extra, V- Class : A ; ; 40C $1.25 12-20 t. 25c (quar.) *._™ix****™ 12-10 10c (quar.) & Sons, common (quar;) Pnap-On Tools Corn... Cc. 5V2% $1 ... Extra : Paper 11-20 8 12-10 Skelly Oil ^Co.™.x.w™..._-™. Skilsaw, inc. (increased quar.).... Sloane-Blabon, 6% preferred A (s-a' Sloss-Sheffield Steel & Iron; cpm. (resumed) $1.20 preferred 12-20 Oil Sylvanite Gold Mines, Ltd.; com. (quar.).* Common- bearer (quar.) ._™™™*™***, Tacony palmyra Bridge Co., common '12-10 ■ 11-29 25c Oil $4 preferred 12-16 1 $1.40 ,•• 4Va% preferred (quar.) Singer. Manufacturing Co. (quar.)*...: Smith (Alexander) 12-7" 2 2-15 (quar.).—__ 12- $1.25 (year-end)...... Simplicity Pattern Co. (quar.) ! Simpson's, Ltd., class Extra 1- 12-20 250 12-6 12-20 ':$$1.25 _x. (year-end) Steel & r 250 - (quar.) Corporation * 12- 25c $50c V $200 Signal Royalties Co., class A (quar.) Silknit, Ltd., 5% preferred (quar.) SiiVerwood Dairies, Ltd., 40c partic. pfd Simmons 1-2 12-20 ) 12-18 . 12-13 Extra 12-20 : 12- 2;: ? i* 12-16 12-16 $1.25 .-- -, • 12-16 $1,' $250 50c ';$i 50c • U -23 : /1lpi«2v,: 1 (quar.). 12-16 35c ....... -■ 1-1-47 35C 1-16 1-2 —™_*™™„,; xSUverwood Western Dairies, Ltd.— -6% ' preferred *' (quar.).. 25c 100 31 %6 com* & Company (quar?) JioternaJianal Co. (quar.)_.,T, Bylvania Electric Products, com, (year-end). 11-29 $$1.75 ;■ • .... ■ 1-1-47 $1.25 Swift 2 . Class B- (quar.)...... ■ *$5c :-t4C ' 25c ; ... Corporation, Swift •: 12-16 ! ... 5%*preferred:' (quar.) *.™^™™U;*, United ; 11-23; 12-10 :20o ' _ ' .// _) " • 12-10 Extra -'**'.*..**_.**.*™*'._**_„.X*-*™.. -; 15c Sweets Co. of America, new common (initial) ?:;;'25c; 2 5 2-25 (quar.)__._____..____. SIck's ' Breweries, Ltd. (year-end) Signal Oil & Gas, .class A (quar.) . ^■vasc-*; • . 12- 5 •12-14 12-14 Extra..... . com. — 11-26 12-20 y V ■' / { ; \ 4 ■> *12- 0 > 12410 12410 ' < >860 . * 11-30*. 12431 •. *-:75'c' :• :50c ... . >• United Merchants'& Manuiaoturers . 11-30V '•.-•$1175 ;■ 11'430;-*: • .12-14 , 12-28 12-12 1- 2 ; ' 11-25 : , » 12-30 $1.50 : ...* , Shuron (initial) (initial ).:__.** new 25C '? - Sutherland 12-12" , 50c (quar.)™ (quar.) 12- 2. 12-10' 30C (interim) ; A United- PUbliC Utilities, $3/pfd.' <accum;)_™ A A /•:>.■ $2.75preferred :;(accum.).™._*.™™™** ;12-2, 12- 91 r- United-ReXalt Drug, inc. (initial)*™.-™*™ • United / States/Graphite Co... / ; U. S. Finishing Co.; prior pfd. (accumJ*™ '1-13 A /*■; $4. Convertible preferred™-™™***™™*™ -,-',-12-',7 * :, U. S. GuaranteeCo.—.* /Special U-30: U. S. Gypsum Company^ common (quar.) ™ 12-20/ 1-8i 87%6 11-25 12-20 "50'C 12-16 *00"f 12-10 iAA/fS^'^eferred/lquar^*™***™™**™™™**! 11-30 11-30 12-14 .™™.L 11-30 12-16 25c' pfd. . -12-20: 12418 16c 12-16 12-31 , 6% ; so© 12-11 11-30 $30c Corp..™™._..^_....j Shehango Valley Water, ;$1 : Year-end, •,;*_**_**_-.*.x**i*™_'.*™***:***:;': Superior .Steel; new common (initial)™ 12-9 IY20 69%c (quar.) Union - 12-0' .12-16/ 12-14 *:■ !,/'••'Common (quar.) **■*; - 50c "'Extra. 12 %0 - >12-17 : A 12-14 Company (quar. Corporation, common**-...*.** v! AVtTo preferred (initial) ; Sunshine Mining Co. (quar.). ; Super-Cold Corporation (quar;) Superheater Co. (quar.) 5 25c '' Shawinigan Water & Power Co. (increased) PVUer Manufacturing Corp ...... ,_■• Sheilmar Products, 4%% preferred (quar.) , (extra) (quar.) preferred Sunray 8 12-10 , 1-2 12-16 75c 850 11- 12-10 1- 2 l-.'2 Sun 11-8 12-10 30c '$1.12% .•— Common .... ll-«0> - Cferporation J J' Improvement Equities (Canada)"_XiX_i. United? Illuminating Co. (year-end), 1415 >12-31 12-20. 12r.2 12-16 \ : Gas 50c - Shell . Sundstrand Machine Tool Co. 2 v.12-14 12- 2 12-14 25c $1.12 $1.25 12%c. 25c 22c 10c (quar.) x™™_i.™™-.* Extra Corp. Wells Studebaker 12-14 1- 25c • 2 1-2 '75o.:' Corp.... G.) h "12-14':;' -■ ■ . 4%% ;• n- 5 : 1-2 ;•' $1 '8% 1st preferred -(s-a)-»-.L™—'$3 7% 2nd preferred (s-a) $3.50 SVs% preference (s-a) $1.75 Seaboard Oil Co. (Del.i (quar.) 25c Sears Roebuck Co. (quar.) >■■■;,.. 25c Seeman Brothers, *12-15 '60c* Gbld , : 20C 12-10- '12-10 12-20 12-27 $1.25 G a^' United United " (year-end) Manufacturing;. Co;*1--..-.—*-* 12-16 $1.02% Extra- United > .11-29' I'll $56 * Brothers Stokely-Van -Camp; common 5% preferred (quar.) Stone & Webster, Inci (year-end) ..**.™_. Stratford Pen Corp. —; Strawbridge & Clothier— ' 1 2-14 75c r 10c -600 , .-'■EXt^a:^' '12-31' 12-14 *12-2 ':£ ;\.',-7Sc--, Stix Baer ■'& Fuller, * 12-13 17 %C com. 12-20 ?' . 12-16;-11428'-\i~ Stewart-Warner 1-17* •• 1- 2 , '91V4C (year-end)i„_____L^_____« 12t20 '25c %4?preferred Iquar.) 12 -16 256 12-10 12-10 ; .;.''.6c • common- Cos. 11-30. 12-10. 12-20f 180 United' ElectricxCOai • 12T 2 12-20 ';-i9c' fund 11-20- 2 12-10 250 mm W lA, *-» «ba,d> mm, Uttited^Jarr; ."Fasttter f (quar,^^^^™^^1.: t ''12412,1':JL1-15, •2%; Stevens (J, P.) & Company-— Common (initial quar.).™****.™**™..*. ' r Lace Scranton 12-101- (L. Stearns 12-10 :'2-"l • 500 Manufacturing Co., common_*._.u(.™ $3.65 preferred (quar.)_ix„____ -6 1- $1.50 Unifced Artists Theatre Cirouit— 12-12'-Il-I5;r Pipe Lino^w-u---wu-w-„i^^: (Cmio)y commoni-j£-i_~ii •' RR, Sugar !;Co. '• received from the -^alo ; 12-10 12-14 12-13 450 - Scranton-Spring Brook Water. Service, 4.10% preferred (qUar.) Scruggs-Vandervoort-Barney, Inc;— ; Common, s-a) ^6»o 11—30* 12-14 12 %C , 6 12415 ' Scovill 1 > (s-a)i— Sterling Aluminum Products ^increased) ***• .•« Year-end- **p™.i**.**.._****i'*****^™'*-'1-' 12-20: 12-16 750 (quar.) 12- 6 2 12-ro 03%C ■ ' . (quar.) 35c (4Bc Year-end 12 %C (quar.)„„_ — Paper Co., common '1- 15c - 12-10. s (quar.) (quar.) - '11-15 ;■•"•' '' ' Extra;-1218 11-11X ; United Chemicals,-Inc. (stock'dividend)-—" 12-10 1 114114 175/10,oooths share: of westvaeo -ChJorlne •T2-M?: A Alfl-30 }■■■ '•'' * (•.••iPrbdUots,, vcommori r,stockvwu-v.---wrfxa-^V'v '• #12-14 '11-30'' >: Unitbd'-Dybmobd,^17% 'preferred^(«ccum^i^: '£> 'i2#l2A^ll-1'6'iv■■^'United* ElasticCorp^ f(qua'r)> . •12- '5 12-15; ■ '.U- 12- a- (New i common-, (initial) • 12-20 ' 11-20 ;i2- 2 ' Schlage Lock Co. 25tt A United;Aircraft Products— 12- 2 1-2 •J, --'75c:*;; 12426 S.) Co.c (quar.) Stedman Brothers;; Ltd. (quar.) i..—™—_™. ",tl-;.'2 • -$15C Stein (A.) - & Company (extra) *_.™™™™. r 756 1410 Sterchi Brothers Stores 12-12 12%C (quar.) * ™**™L™ A12-12 ;-;:-';:25c ; -Extra,,*** ■ preferred (A^ (quar.) t $0.296875' diyec Smager Brothers, 5%% preferred (quar.)™Skn-Nap-Pak" Manufacturing Co.>— • • *7%o TOO preferred (qiwK)^^ixx™x-_.™----. Savage. Arms; Corp.: (year-end) 12 %C : ._; schiff 25C i company (quar.) .'Extra.-' 12-14 • ;• • ■ 12-6 StanaftrdWhoIesaiePh6spn^te«te Acia Works^Inc.—1 xxKx;:(Uhited?Light:&;Raflways. Co,4quart)^ie«i4i,'h;^«25o 7 % " prior preferred (mon thly~ *>i 68%b fiscv •6.36% 2-1 prior /preferred (monthly) *n $156' Stanley Brock* Ltd.,: class -A (quar.) ;sMnkfWaiiWaa-.' .1410* ;.r6%(prior" preferred/(monthly)*^-™-.™** ( ".•'"'••••50C r? '.vlf •Class- B >• (quar.)*.*.....***.**...*.*.**™.1 • .$10C ' -'a-"!': •;v 1-10 12-23 1-15 12-14 4% % "x-. Portland 12-14 12-16 preferred ?A *(quar.*) $$1150 : 12-16 $1 Standard-Oil Co. 12-23 Yi 250 *.™ St. Regis Paper CO.; '$2,50 prior"pfd;(quar.) ^ •37 %o Stock dividend San Jose- Water- Works; common (quar.) ** ; '6S0 (quarii^-u-^L-,—- (New Jersey) •Paid out bf "funds 12-6 > ~40C; class A <quar,)__™ •: St. Louis Rocky Mountain & Pacific Co.— ''Year-end,..,*™™™™' 12-4 ■'.'1- 2 '60c Sfc.Louis Public Service, " . 11-15 12-16 •' 11-25* . 1^ 2 250 (quar.)„™_^_ California—. UnlteiijAircraft Corp;; t : 12-10 12-io. -IL ■ %■ ;40O;; 12420; . Standard vOil/Co. Extra v 12- -4 12-16 • ipreterkedi (accum.)™™™**™' Lgwreifce/Paper Mills, Ltd.—- ; $% ' of Indiana • "Extra 12-4- : 1-2 $$1.66 $1. • Standard Cil'Co. '(Kyo ■ Extra 11-30 12-23 12-17 - $1.25 6il Standard 12-10 >11-15 200 : 11-27 12-15 *1 ; - clasa. A St. 12-16 .= -50o — Safety /Car Heating *& Lighting™™™ Safeway Stores, common- (quar.) '; 5^ '(preferred (quar.) ™™*_—™*_;* Saguenay Power, Ltd., 4 % %pfd. (quar.)™ St.: Croix Paper Co. *(extra) *4™,*.**.—*4 ** k*.w.>iU St. Joseph Lead Co.w.._——ru¬ st. Heien'S 'Puip <fe Raper™™*: ™™™ 8t» Lawrence 'Corp;, Ltd.— < 11-22 i2%- . Sabine; Royalty corporation -(resumed) • 12-10 11-23 1216 87 %c. 62 %o quar.) (quar.) Standard ^Mining Co. (initial)—' Standard ^011 of California——-l—i; ' \ 11-30; 10c Co. (quar.)*.™**™™™ Ryan Consolidated" Petroleum--^ Stock dividend •™;.™—a™ ™'™™- Ryan .'Aeronautical 12- % common.b^.:-.w», ^V'dO'C'' 13.50 preferred (initial Standard-Coosa-Tttatcher . 12-14 93t< 36%q Extra" > 11-30 r 500 30c 1 '70c' •' of Co.- preferred Union bond 11-30 Holder* 12-20 !7VaC -—-!• 12-12 11-37':;: 'Unibttbond - fun'd:iv -•1-15 '•;• /;■ 1 • UniOnipreferred '''stock lund^^w-l^r • '•■ (Union - conimon -stock "'lund^^^^J^ii1 12- 9 11429 12- o: Unions Twist - Orili Co. (quar.}. 11429, .'12-20 "12-10 •'' ; Union. Wire- RopeCorp;^ (quar.); • ' Standard 'Brands 'Corp., A 12- 6 12-27 -12-14 * 13%c (quar.) (year-end) w- mWm Union Trusteed Funds, InCi— rUnion bond fund . When Payablef of Reef Shaye 1 \ (quar,) Paper Union- Pacific 12-16' 1-2 25q Standard 12-6 12-16 1-2" 20c ? $3.75 preferred (quar.) wi-i 'Accident 'InsuranCe-'-'-.-'-i.**^-—■i - Rubber & Carbide & 'Carbon Union Mfg.,"common^.* (A. E.); 11-30' 1214 : $1.12% Extra 12-10 12-20 Staley > 250 Union-Oil ;,1 $3.76 " » Union 12-6 450 Sprague Electric Co. (quar.)™—™*™**™Squibb (E. R.) & Sons, common-.v-——--;$4 preferred " (quar.), 12-13 • t , (quar.)™—' Extra;, -* 12-13 1-2 Company Tyler Fixture, 5Va%.preferred UnderWood Corp.:, (year-end) $60 250 $1.25 preferred A (quar.) ™—.*™-™™™*™ $1.25 prior preference. (quar.) Rolland Paper Co.; Ltd;, 6% pfd. (quar.)*» $$1.06% 60c Boos Brothers,. Inc. (quar.), k4%% preferred v(quar.)™™™™_.—™>™. *1.12% Ruberoid Company. (year-end)™*—™-™--—$1 25c Rpud Manufacturing/Co. ,(quar.)™™™*™ $10c Russell Industries, Ltd., com. -(interim) *™™' $$1.75 '7% ?preferred (quar.). : •37%cManufacturing. Co. ,(quar;). ■ " 11-30 $$1.25 „ Rocawood-& Co.— L5% Per Name of • Payable of Reo, 12-20 ■ $4.50 convertible preferred Kquar.)™_™™ Springfield Fire & Marine Insurance Co.— Quarterly 4*mm mk M*tUw iO. A. !*•'«*, Wm •****." $62 Vac * Hoiden When ■Share - ( Sovereign Investors, Inc.™™. — **,' Sovereign Life Assurance Co.— ^; 20% and 25% paid "(annual)™™.. ™, Spalding (A. G.) ft Bros, (s-a)*™*™™*™™ Sparks-Withingtort Co.-—: -r ^ .•►•'-••• '6% - convertible /preferred(quar.) Spencer Kellogg & Sons (quar,) ™™™*™™- 12-5 12-14 . 7VaO ----- Company (quar.) A-™*—■ Mfg., Ltd., com., (quar.). (quar.). A preferred $2.50 $1 (s-a)~™™™™™'™—;™-™. (H./H.) 12-14 25c" j Naineof Company .; 11-22 12-17 .200 ' Per When Holders Payable of Reo, Pet Name of • Monday, December 9,1946 JTHE COMMERCIAL & FINANCIAL' CHRONICLE "3002 ■ ! f'J Volume; 164 Per' Name 1st preferred Co.; common (quar.)-.. $5 preferred A A quar Western Railway of Alabama--, Westinghouse Air Westmoreland .250 Coal Co. (year*,end „. 1» 2 . (5 prior preferred Convertible (qUar.) 11-25 Extra' —' Whitin 11-25 75c .1-2 12- 6 (a 12-27 12-27 . II-30 The'directors' 11-25 * (Stock dividend)t—Qne additional share of stock (5 par common on each r nbtstand- I2r20 (0.' 1947. . J Wilkes-Barre Lace Manufacturing (year-end) Willson- Products, ^ 12* 9 ;u-27 12- 2 • 12-141 (1 Sue 30c ' " . .« 1 Welsbach 12-10 ■ Jan. on ft..., , ( . . , j. , , . * ' /.'.Jif4t ' , ,, • West Ohio Gas Co.-^Rights to Stockholders-r . holders pf record Dec. 20.—V. 164, p. 2592. .: / The directors have .authorized the issuance ©L warrants entitlh^f holders pf the common stock to purchase at $4 per share additional Stock on the basi§ of one share for each ten held, according to an announcement on Dec. 2 by George S. Vail,. President. Warrantsf will . i :/ , < 1,401,520 shares. 'r '• The Usual quarterly dividend of 93% cents; per share on the 33A% series A preferred stock was also declared; payable Jan. 2, 1947; to v • , The : *; , The corporation has called for redemption pn Jan. 1, 1947, Put of | sinking fund monies, $14,000 of collateral trust 5% 10-year sinking -¬ fund bopds due Jan. X, 1958. at (06 and interest. Payment will be made afc the Fidelity-Philadelphia Trust Co., trustee, 135 So. Broad fcl Street, Philadelphia; ?$,-*-V, 162, p, 3333. •' - Stock* 1947 to holders pf record Jan, 20, . Engineering & Management Corp,—Partial* Redemption— ( to 12--5' 11-30 12-20 ; •. | The directors have declared a dividend of 50 cents per share pn the common stock, payable Dec. 17 to holders of record Dec. 2, In (945, the company made the following' payments;, June 30; 30 cents; and Dec. 29, 20 cents; none since,--V)!164, p. 2195, " \ .quarterly, dividend of .20 cents': a , Walworth Co.—Deplares Dividend of 50 Cents— present stock has been on an 80-cent, annual dividend basis, v* and • stockholders ,pf record Dec, 20 will receive one additional share .^:..fw*'.each"'''&hare-theii;'held,* increasing the outstanding pommon stock »r-. " -:/() v . ing share of $5 parcommon stock—-wilcox & GibbS Sewing Machine Co'.——a : . : ; . ' 1-2 ?oc onJbec,;4 .declared distribution will bp made . ■ Wieboldt stores. Inc., common (quar.) Wilbur-Snchard Chocolate Co.-— . j - ' per share oh the common stock which will he outstanding as a result of the two-for-one split-up voted by the board on Nov. 12, 1946, The *i 12-16 12-16 450 r ; States, Fly wood Corp—New Common to Receive 20.~Cent Quarterly Dividends .12-6 1* 2 —1 min(> expioratiohv United f ; (1.50 — -— Machine Works .( quar,) .:ceeda wjll b,o^ for , 12- 0 \ — ,h 1-15 12* ( Whitaker Paper Co. (quar.) • , ;f, 40c . C°rp» Seattle, Wash—Files with SEC— . -■ * The company on Nov. -25 filed A letter of notification with the SEC. for 300,000 shades of common stock; Underwriters, Elliott R< Henderson, A. A. Fagnant- and B. E. Hplland, all.officers pf the company. Pro* . 3.1-29 12- 9. , Goid - Proceeds will be used to pay off outstanding notes and for expansion of service. Issue is not underwritten.—V. 164, p. 1917. 1 41.25 i—~—4.-.; Wheeling Steel Corp., common—————) . : 12-2 . V, S. 11-15 12-14 12-13 (20c Weston-(George), Ltd., oommon (quar.)—— preferred (quar.)—r.———v._.-.—- $$1.121/a Weston Electric Instrument (-;:C.quAr.)--— I 11-29 1- 2 25c —————r-———r'—— Extra » 12-13 $1 : ,25c Westmoreland, Inc. (quar,)-._-,^-.jr-i!+-^--s->.-i.; Extra 12-14 • ' another step in the drug firm's program to take full advantage of its best-known trade name, "Rexall." For more ,than a year it has been, moving in that direction in its advertising) packaging and identification pf Rexall stores operated by the company and by more than 10,000 independent druggists.—V, 164, p. 1767. 11-15 12-14 750 —l----.— —. Wakefield Water Co. (R,I.)—Files with SEC— The company on Nov.' 20 filed a letter of notification with the SEC for $300,000 first mortgage 2% % bonds. Offering price, $1,000 a unit. 12-18 I-2-47 3003 , /, The action is 2-1 12- United-Rcxall Drug Co.—-Changes Name—• The name of this company has been changed to the Rexall Drug Co.; Justin W. Dart, President, announced on Nov. 26. - . ■ 1 11-30* 12-16 2-15 (1.25 Brake——p,,,—.——.. Year-end ' ; V • (1.25 >15-^7 $2.50 12-12 - Western .Tablet & Stationery**, 6% preferred - (quar.)——. '.! Holder, Payable of Ree, ,; $7 75c ; ——'J—r); (accum.) Western Pacific RR. When Share of Company Western Maryland Railway— 1% FINANCIAL CHRONICLE & THE COMMERCIAL Number 4549 be issued for from of .' the purchase of a maximum of 24.000 shares.- Proceeds :J the subscription, will be. used for improvement and maintenance / and for possible acquisitions, extensions and construction., ;;! service Warrants expire op • 12- 1 Ltd;' • .. 1- 2 12-16 & CO., Inc.,: $4.25 preferred (quar.) $1.06V4 1 1- 1 y U»tte4 (States RETiher U<?»~Iss.ues Educatiohal Bppklet 11-18 / A 50-page booklet, "Five Years of Synthetic Rubber,'.', has Just ;beeh Winnipeg Electric Co.," oommon (initial)/.— (50c 12-16 59$ non-cum. preferred (s-a) $$2.50 12-31 * 11-15 released by this company for students, educators, and interested .t V members of;the public. Wisconsin Electric Power ■Cp.-^.i'T.1 ;./'t'■ v> ; 1-15 6% preferred- (1897) In simple, language > the .booklet shows the dramatic growth Pf the (quar.) $1.50 {"1-31 v 11-22 Wisconsin Investment Co.. (year-end/—40c .12-31 synthetic rubber industry and* gives an authoritative appraisal Of its ' / Wisconsin, Power Ac Light, 4,/sr% pfd. (quar.) $1.1212-16 ; 11-30 importance today in the manufacture pf rubber products. : Wiser Oil Co. (quar.), + 25c ,« 1-2i 12-12 \ The various types- of synthetic rubber are* identified and described •.Extra - V'; 25c; )>:) 1- 2 .;;f' ■ 12-12;; in considerable detail: and an important analysis pf their properties OTopdaU Industries, .Inc. (resumed)— 15c 1- 2;'12-10 is shown in tabular form,—V. 164, p. 2451. Woods Manufacturing' Co., Ltd. (quar.) ; I $50« 12-31; "ill-30 12-16 Woodward & Lothrop, common (quar.)—— : • 50© -12-27 United-.States*• Steel' Corp^—New Vice-President; etc.—* ; Extra ( i__ 60c 112-27 12-16 Beniamin F. Fairless, President,' United States (Steel Corp. of Deia* : v ;• 12-16 preferred, '.(quaL)C^^rL^^^L^-iiLi $1.75 12-27 ware, op Dec,~ 2'announced the election of Carl A. Ilgenfritz as Vice- : 12-24 Wool Combing Corp. of Canada, Ltd. (quar.) (250 1-10 r president-purchases, succeeding Charles R. Miller, Jr., who retired on Extra 12-24 1-10 $500 Dec. 1 afters 49 years of continuous service .with United States Steql Wool! Brothers, 4Ys % preferred (quar.)/.)-, 56 Vic 11-22 12- 2 subsidiaries. .rK Worthington Pump & Machinery-?-, 'v/::!;;': . ^ , : • Since Sept; $.945, Mr. Ilgenfritz has been Vice-President in charge 12-20 .12- 2 Common (quar.)———————.;—— •>/ 37V2C ; : of purchases, .Carnegie-Illinois Steel Corp. Extra :* 50c 12-20 12-2 Mr. Fairl.esa .on Dec. 1 announced the election of Rudolph T, Elstad 4 V*% convertible prior preferred (quari) 12-1612- 2 1 ; $1.12% as President of the Oliver Iron Mining Co., of Duluth, Minn., a United 12-16 12- 2 A*/z%. prior preferred, (quar,)01.12%', States Steel subsidiary/.! Mr. : Elst,ad succeeds LeRoy Salsich, who is b- 2 11-25 Wright-Hargreav.es Mines (reduced)-™—— $4c j /retiring offer -45 year?^ of "operating and executive experience with the Wrigiey \Wm.); jr., common (monthly)..)— : \ 25c 1-2-47 "12-20 Oliver,1;company..';■/.■ ,,v/;• ■// '■;'■• "•"? ..Common-(monthly).' < 25 c 2-1-47 1-20 Walter.L.; Maxsop; Director of Research, and Jerome E. Machamer, i- 2 .' ,12Yale Ac Towne t- Assistant OeneraJ Superintendent of the Hibbing-Chisholm district, 12-19 : 12- 6 40c have been- elected yice/Presidents of the Oliver comp.anyvr—V. 164, 13c 12-27 Yarg Producing p. 2592. ::;-y-;//: ;■ Veliow Cao Co. t9&0 Erancisco)— v ' .■! ' fl*m mmmnn ^ 30ff 1-1-47 " 12-20 : ,;.;:.:rir , ; Yellow Cab Company—--- ;■ ■;?; '■ ic; Univei^l Uaboratories, lnc, </& Eubs^) *—Earnings— pec. 16, 1946.—V. 164, p. 1768, Wiisii, Wilson Western Air Lines, Inc.-^-Registers with .SEC— , ^ . The company on Nov, 27 filed a registration' statement'' with tho. SEU for 1,200,000 shhres ($rpar) capital stock. Names',of underwrite*# ;#• will be supplied by amendment/The offering consists of an un- )' specified number of shares being sold by the company and by William A. Coulter, president and director, The amounts being offered by each will; be stated definitely by amendment and),the, total number of. shares presently stated will be reduced if the offering consists of a ')• smaller number of shares. Company will use its proceeds, together ^ with a $1,000,000 hank loan, toward paymment. of its promissory notes, ':,. , „ • . f aggregating $3,926,946. In addition the cbmpany has obligations ambUhting to $1,667,000 which will be paid following the sale of the *•>. stock. It anticipates the completion of its equipment and facilities program next year with a required expenditure pf about $8,600,000, ' V. 104, p. ,245L ' " ;■ ' \.;'y'v _——————— . . > . ^ West Virginia Water Service .Co.—Stock Offered—' Public offering of 46,400 shares of common stock (no par), priced at $17.25 per share, was made Dec. 4 by 1,4 Shea & Co., Boston. The offering .does not constitute :< new financing by the company, but comprises 26,400 (hares formerly owned by Shea & Co. and 20,000 shares formerly owned by Allen & Co.: ' ' - - . ' th'f company, which provides water service to pther communities in: West Virginia, "includes 14,000 shares of $4,50 preferred stock and 220,000 shares pf common stock. / For the 12 months ended Sept. 3Q> 1946, the company repprts v/» 6% ,conyertible preferred - (quar.) —. a/; 37Victi. ^uiuDiicu i- yijutui.j 1-311-21: ;Wr,^9 Mos.End/1946'1945 : 19441943 ' .pperating revenue of $1,780,494 and. net income -of $355,898. For the convertible preferredr^guar) ^r"J2(^u t; 37%ci4-30i47' /. 4-19: : $5>8,2S5 ■. ;'■E123,366^,' "■ $112,564 calender year 1945, operating (revenue was $1,665,908 and net income convertible;^^preferr^^::(gdac.*)—;r3l$feC, r 17-31 , i 7-21' t302,QP0-/; 235^11 y 235Ml ■ 2.07,391 was $285,084. In each case, the net income figure is alter ali charges 1- 2 YoUnde vCorpwation; li^ial) 12-16; 20c Earns^pew?(xnn.v§hare^ $0.43 $0.14 $0.37 [:r $0.35 /. including Federal taxes on income, but ig befpre dividends pn preferred, 1-15* York Corporation —-1— 12- 3 —L-. ;15e : : * After- all*; charges anctixeserves for Federal taxes. .stock.: (Company ,rey' 30C 12-10 12- 2 \York.-. Corrugating.';-. The prsent annu&l dividend requirement .op the $4,50 preferred is ported an operating loss for the period of $120,683 which, after inclu.d40c12- 2 12-10 ing non^ecurring^inBpme. resulted in profit .pf $129,211, as abpve.— $63,000. During the year 1946, dividends at the rate of $l .a share? 12-20 11-30(2C Young-Davidson Mines; Ttd. (Interim).;-—w^e paid ,pn (he common.-—V. (64, p. 2195. 12-2 .V 20O 12-10 ■>; '; Zeigler Coal & Coke (year-end) ■■.V jfcrR©^ .Capitalization Charleston and 1 $7,000,090 of of 29 first mortgage bonds, ' • . . , _ Ooopersuve Quarterly Mercantile Mui'« Yonite Products ■ Institution7Rc % vv >2-18 15C Corp. «Lest'304$ Jamaica Income tax. :S:;; •Transfer books not closed for: this dividend. v ■ ; ; v^ .* V The corporation on Nov. 21 announced that it has purchased Reliable; Nut Go., 5721 West - Jefferson Boulevard, Los iSngeies, Oalif,,' in- a awsb^.tiraasaction exceeding $500,0Q0, ' A'WbifeeOBtinuing W'prodUcea line of assorted huts And .candy bars h under the Reliable label, Universal -will segregate General Corporation and ■vr,v');. / factory and office is of brick construction, recently erected, with about 36,OO0 square feet of floor space, adequate railroad sidings) and other facilities on a five acre tract of land in Los Angeles. To operate ; the plant,v a new corporation, palled Reliable Nut Corp., has been set; :up under California iaw.* - Authorized capital stock is 16,600 shares with a . stated value of (100 per sharp. Paid up capital stock of $5OO,OO0 has heen sub$crihed by. Universal Match Corp.-^y. 164, p. 734. ^, on page 29^4) • .October— , Ttiere have been called for /redemption on Dec. 3, 1946, at 101 and first, mortgage bonds due /1950. Payment Canadian* Bank of Commerce in Halifax, St. will railway-^^.Net from vailway——— be made at The . . ■: ?;>;■ V/: : ; . United Air Lines, Inc.^New. Plane Soon in Operation 21,502 , , 1Q.545' 1,310,519 : i63,8i3 .Net from railway • . 1945 1944 " $154,691: W. $82,120 ; 50,789 t,, *1,066 29,876 . 18,357 , 1943 Promising new features of speed, travel luxury and Operating ef¬ ;Net ry. oper. income™ : ♦Deficit,—V. (64, p, 245). ficiency for : the; nation's airways, the first of United Air Lines'; fleet #>f fcur-engined, five-mUe-a-minute. Maipliner 300's has: been delivered 1,183,566 236,156 . 7.1,870 151^463 : 113,508 . to Vandervort the.company at Cheyenne, Wyo.. The plane is expected to be there for about two weeks, then: to start oh (an operational and training ; 7 flight over United's. system. •./'')■ a Douglas DC.-6, will be followed The company on for shares 12,000 Gf $3,000,000, interest rate of 2y2% per annum, maturing at the rate pf? $250,000 hiannually, commencing May 15, 1941, the last; note being payable uri Jan. 15, 1953. The insurance company participates in the amount .of $5,-: 000,000, interest rate 3^2% per annum, maturing at the rate Of $250,000 hiannually from May 15,1953 to Jan. 15, 1957, and $300,000 hiannually thereafter to Nov. 15,1961. "v The., present, ZVz%. loah* with, the Bankers Trust Co., amounting to $3,205,000, was paid off. The balance of the: proceeds, of thu new. loan will be used for general corporate purposes,—V. 164, p. 2194. • ' "" ; •: ( v: 8,000 8,000 4,000 1,500 —-)—v— 7,000 2,000 1,000 4,000 1,000 6,000 6,000 ', 5,000 2,000 None 'For'further detail? -see V. -146, p. 2874. WJR, the Goodwill Siattom —To Pay The Inc,—gplitUp Approved Dividend of 30 Cents on New Shares-*- stockholders on Nov. 26 voted to for one, increasing the authorized shares split the common stock two * of common from 400,000 to,. 800,000 and reducing the par value/from $2.50 to, $1,25,.. it announced by G. A. Richards, president. The company's 44th secutive quarterly: dividend also was, announced. Mr. Richards earlier had characterized the stock Co., Portsmouth, O.—Files with - possible "both greater fluidity and a Nov. 26 filed a letter of notification with the .SEC ($25. par) .5%: convertible ; cumulative preferred.. was ) con¬ , ~ change as making broader eventual distribution in |^s 'Q^norshlp ' '•'* The shares were • . V ; , . The -/company manufactures, wholesale and retail? ice cream through 4 plants and «2 retail stores in St. Louis and Kansas City,* Md., Peoria, 164, p. 59,0. Woods Manufacturing. Go., ; All ,pf Virginian Ry .^-Earnings-— '- October— r: ^ Gross .from railway—__ Net from railway— Net ry, pper^ income—From Jan, .Gross —y. 164, railway— p. r 1946. ::; $1,942,336 371,516 285,727 - . .1945 )' 1 $1,612,132 ; 197,132 329,788 1944 $2,339,633 790,043 . 562,871 " income— 2327, Waitt & •;.) 20,861,730. ,24858,164 -24,579,632 6,015,690 8,388,197. (0,390,898 4,017,970 6,444,729 5,977,784 On Dec. 6, 1946 the United Fruit - 22,299,971 • (0,299813 : €,241,770 \ directors have declared share and (he regular, quarterly the common stock, This brings total : ^ both payable dividends for 1946 to $2 per share, as compared ' WiThe$usuarquarteriy5dividend Bond, Inc^Recapitalization Approved-^ V: Holders of the necessary two-thirds of class A and class B stock on 29 approved the company's recapitalization plan which provides that each calss A share together with accumulated -dividends of $25,50 as of Sept. 30, 1946, will he exchanged for one share pf new $2 cumu¬ lative preferred and three shares of new common stock and that each present outstanding class B share will receive in -exchange one of ,$1.12«/2 per share on.|>otJ) frlf| of (be 4Y» % prior preferred stocks was declared, payable Dec. 10 tp holders of record Dec. 2.—V. (64, p. 2196, ; ; ir i, Nov. (L. A.) Young Spring & Wire Corp.—Omits Dividend on Nov. 22 voted to omit the dividend urdinarily en or about Dec. 15 on the common stock of no par value. Similar action was taken on Aug. 23 regarding the fepf (5, dividend and on May 23 regardhlg the June 15 payment.. Prior ta that time, the company had been paying 25 cents per share in each quarter with the last payment, on March 15, 1946—V. 164, p. (255. The /directors ■Daid share .Of n®W oommon stock, * ". New certificates will be mailed stockholders shortly -after the first of the year) it was reported. Formal application will be made for listing on the New York Curb Exchange. > Net • first liner "Tivives" was launched the Bethlehem-Sparrpws Point Shipyard, Sparrows Point, Md., and took her place with five sister ships previously launched at that yard. . At The new "Tivives" takes over the which was lost by enemy, action on tradition of Oct. 21, the original 1943.—V, 163, "Tivives" p. 3332. V. Corp.—Extra Diy— an extra, dividend of 50 cents per dividend of .37^ ^cents_ per share on pec. 20 to holders of recor^J?®®'2f Worthington Pump & Machinery 604,000 The L_ .. 1,099,376 1—v from railway-;-,*, from Net ry. oper. , Ltd.-^-Calls 4Vz % Bonds^; the outstanding • -i Net ; ' first .mortgage 15-year sinking fund^bohds, 4y2 % series A, have been palled for redemption .on .Jan. ^2, L947, at .101 and interest. Payment Wih he made at (he Eank pf ^ntreal in Montreal, Toronto, Ottawa, Halifax, St. John, Winnipeg, Reglna, or 1943 •)"' / Vancouver, Canada.-**-*7. .(00 p. 157. ' ; /, ./:r $2,465,672 111., -MWwauhee, Wis. and- surrounding territories.—V. _ . United Fruit Co.—New Liner Launched— . f : • United UigarT-Whelan Stores / Corp.—Secures Eoan from Bank and-Insurance Concern—Walter G. Baumfeugjger, President) announced on "pec; 2 that the corpo¬ )•;• ration has consummated a. 15-year unsecured j oint loan ,) $8,000,000 with the -Bankers Trust Co., New YorkN. Y., and the F^utropolitan. Life Insurance Co. .The Bankers Trust Co. participates in.this loan in the amount ' .split two-for-one on June 21, 1945, with subsequent -i •quarterly dividends set at 35 cents instead pf 50 .cents per quarter . paid in the five preceding-years, plus extras. Fifty cents was paid last September, however, and the. board of directors meeting on Nov, 26 ) after the shareholders' session voted to pay on Dec. 12 a dividend ot , 150,000 shares of conunon stock ($1 par) was made Dec, ■30 cents per ahare; on the newly split stock of record Dec. 2, equiya* itent to 60 cents on the shares outstanding in the past 17 mphths,,_ 6 at $7.50 per share by an underwriting group headed by The latest split will result in a -total of 520,000 shares outstanding Scherk, Ricbter Co. of ; Sf. Louis and Straus &; Blosser of /;■ In (he hands pf approximately 600 shareholders.—V. 164, p. 2451. : : • ^Chicago. ; ■' '.r: ; > of Sills^ Mlntop & Co., Inc., principal under¬ Crowell, Weedon As C0— Davies As • IMejia-*—— Frank & Belden, ..'.'v Park-Shaughnessy & Irving J. 'Race. & Straps & Blosser—_ The initial ship, is carrying an "NX" ,or restricted license unti) completion of. flights under ail operating conditions./ Meanwhile, J) pride, $25 a sJhare. Proceeds will be vsed io retire '7 % preferred and to equip (oundry.:;'f;/::;::;;:-^;: personnel all along United's.system, are to be trained in its handling. Any ceremonies or public inspection of the plane,will await receiptsVelvet Freeze, Inc. W /Stock Offered-^-An offering of bf its "iNC'', license; permitting its r use in regular schedules, officials . by Butcher & •Sherrerd-^— SEC-r,''^:wvv-,>v by 34 other Mainliner 300's. announced.. They said the .planes will go into -service early in-1947. Gf United's, fleet of 3.5- Mainliuer • 300's, 10 will be sleepers and 25, <iayplanes. Operated as a.day plane, the sleeper version .will carry J52 passengers plus 6;000 pounds of cargo;/ on night/flights); it will accmnmodate 26 passengers in berths. * The dayplane version of the Mainliner will carry 5.8 passepgers plus 5.0QO pounds;of ecargo—i V; .164,) p. 2592. •/)), >;.v - ''' , 80,000 , i (Gi W.) announced of , (121,567 28,642 11,387 , The plane, : ' 1,171,783 256,564 119,26.3 1,109,466 /f 200,3211 Nov." 26 UNDERWATERS—The names of the underwriters and'the number of shares ot cumulative convertible preferred stock and of commop stock which each has agreed (9 purchase pre as follows: -■ .7' : —Number Of Shares^ 'i, :'V 'V::" ■' Preferred Common 44,000 Sills) Minton & Co._—. $2,500 r 20,000 Buckley - Brothers :/ 10,000 . 1— /Gross from railway . , From Jan. , $160,613 ; Net ry. oper. income— John, /Quebec, Montreal, Ottawa, rTor.onto, Chatham, Winnipeg, Regius, pAlgary' 'and' Vancouver; Canada.—V. 157, p. 47. 1946 Gross frpm interest, $500,000 of 4%% ' Utah Ry,—Earnings— - Union Gas Co. of Canada, JUd.-^-Partial Redemption— offering writer. ,; / public it has been it to the, production of book :v matthesy*Spemal--book/matchyina'Chinery -is now being built in Universal'e machine shops in St. Louis, and Production of matches at the mew California plant is anticipated within the next few months. The ; {Continued ) shares of cumulative conyertible preferred stock and 100,000 shares of common stock of the company has been oversubscribed and the subscription books closed, The ' /. tPayable in U. s. funds, less 15ft Canadian non-residents' tax. (JRayaUa: in Canadian funds, tax» deductible'* at the source,. Joe* ^'^iOHesv,^4^'it'f'*(IKff Plamr^aMO^donvert -fciddeut; ta*,.l5*r res|de»ta»x^7*—,aU» ErtUihi,Jtriccmo tax. . Wheeler, Osgood Co.*^Stocks Sold-r» Match Corp.-r-Acquires New Unit^' .. ,j: * Universal ? 12 12-20 profit in October was $47,382. This brought earnings for the 10 months of 1946 to $350,041, Harley W. .Jefferson, President), The latter figure is after taxes, all charges and a contingency of $65,000. Net income for all of 1945 was $178,887. Mr. Jefferson stated that the company's new factory at Carbondale, Penn* began production early in October and probably would reach Youngstoyvn Steel Door said. reserve efficient operation by the end of December. See also.—V. 164, p. 1917. • ■ Gp„—Omits Dividend— on Nov. 25 voted, to defer action .on the dividend payable on or about Dec. .15 on the no par value, common ■stock, end • cited unsettled conditions and steel shortage as factors. Distributions of 25 cents each were made on March 15, June 15 una The ..directors usually Sept, 16. this year, and in each quarter during 1945.—V. 162, p. 1329. , THE COMMERCIAL & FINANCIAL CHRONICLE • 3004 Monday, December 9, 1946) cfi * -*-»m: vt. uAi:«a?iwOj 'Hit .Wr.rM4r.iTi rtr j.»V .*•' vi r *■ j* vj » kf' r.*»t * r - i'.i " titt- v dr* * V e , v:Yf , -* in //n/i - «*> • . J . . f -•■ CALIFORNIA * terest Long Beach, Calif. Bonds Voted—An issue of $550,000 stadium bonds was approved awarded to were a at the election held District School Unified bonds offered for sale on syndicate * 1 ■ v* ■ ^ | i v fi f Los Nov. 26, of the Bank of America National Trust & Savings Associa¬ eral Nov. .5. . be received until 10 a.m. 17, election held These are at the gen¬ on Nov. 5. able at the .office of the Treasurer Jan. of the tional at any Authority, or !at; the Na¬ City Bank of New York, or branch of Bank of America J. National Trust & Savings , ' . " offered was awarded the on above the to date, Savings Association, of San Francisco, at terest. Each entire a price of 100.115, a net interest cost of about 1.92%, as follows: $92,000 maturing Jan. 1, $11,000 in 1950 to amount bid shall be for of each issue at a single rate of interest. A certified check for 3% of the amount of > ,, 1961 and 1962, $15,000 in 1963 and 1964, and $11,000 |n 1965, as 2s. Dated $1,000. Angeles County, Inglewood City School District (P. O. »'' Los Angeles), Calif, Jan. The Weeden was Los 1, 1947. Denom. next highest bidder Co. & v . Bond Sale—J. F. ' Moroney, : bids until 10 a.m. (P.; S. T.j, on Dec. 16, for the purchase of the $8,500,#00 Airport 1945, Series C bonds. Interest rate is not to exceed 6%, payable (J-D). Denom. $1,000. Dated Dec. the 1953, YauJuuv in 1954 to 1957, wu , bonds bid for, payable to the $12,000 w as uiu yaycxyjkxz tu mc l3/4s, and $108,000 maturing Jan. [ Chairman of the Board of Super1, $13,000 in 1958 to 1960, $14,000 visors, is required. ! ' / * in receive' sealed County Treasury. Rate to be stated in multiples of 3/4 of 1%; to be at not less than par and accrued in¬ of Bank America National Trust & .. - , v 1' ■r'- • ■ '*( ' • COLORADO ■: - 1946. Due on Dec. 15, as fol¬ $250,000 in 1948 and 1949; $500,000, 1950 to 1952; $1,000,000, 1953; $1,750,000,1954 and 1955, and $2,000,000 in 1956. Bidders will be permitted to bid different rates of interest and to Split rates irre¬ spective'of the maturities of said 15, lows: bonds. The interest rate stated County Sch. Disti, No. 70 O, Longmont), Colo. , (P. a cost of v; . no_ . 1956. ewan Authorized ^reasuf-yf JV 1946. These bonds are due by - • more than " two- r,, ! / • f;- '• Dec. of interest. Principal and interest: (J-D) payable'at the City Treas¬ urer's office, or at the Union 8c: New Haven Trust Co., New Haven;. Legality to be approved by Storey, Thorndike, Palmer 8c. Dodge, of Boston. A certified! check for 2%must accompany thebid. DELAWARE !. Mount Pleasant \'/f: Sch.1 Spec. Disf+ (P. O. Mount Pleasant), Del. : Bond Sale—The lVjensnofnI946, awarded were Pont & Co. of at price -a to E" 2739— I. du Francis Wilmington, of . /r $400,000 school^ 100.76, 134s of as basis a about 1.41%. Dated Dec. 16, 1946; $20,000 from Dec. 16, 1947 to 41966, inclusive- Interest payable J-D. The second best bid (State of) UDl List—Province of part ;• *. . 1, 1946. D e n o m,. $1,000. Bidders'to name the rate? Saskatchewan Bonds Added to . $534,000 issue.," veterans' Dated Due Yh. an temporary housing bonds. Due Dec. 1^ as follows: $17,000 in/1948 to 1953, and $16,000 in 1954 to * ./ about CONNECTICUT Connecticut of ■ 150,000 . . and 1949, and $22,000 in 1950 to 1956. These bonds are J 1.835%, divided as follows: $292,000 maturing Dec. 1, $16,000 in 1947- to 1949, $19,000 in • 1950, $18,000 in 1951 and 1952, $19,000 in 1953 and 1954, $20,000 in 1955 and 1956, $21,000 in 1957, $22,000 in 1958 and 1959,- $23,000 in I960 and 1961, as 134s, $201,000 matur¬ ing Dec. 1, $24,000 in 1962, $25,000 in 1963 and 1964, $26,000 in 1965, $33,000 in 1966 and 1967, $35,000 in 1968, as 2s, and the remaining $107,000 maturing Dec. 1, $35,000 in 1969 and 1970, and $37,000 in 1971, as 1.90s. Interest payable, (J-D).: Dated Dec. 1,-1946. The next highest bidder was Harris Trust & Savings.Bank,. Chicago, for 2s, at a price of 100.319. ' Decl bonds, No. 11. Due follows: $23,000 in 194B as ~ t interest net l, f • Bond Sale—The $600,000 build¬ ing bonds Offered for sale on Nov. 29—v. 164, p. 2739—were awarded to a syndicate composed of Boettcher & Co., Bosworth, Sulli¬ van & Co., Coughlin & Co., and Peters, Writer & Christensen, all of Denver, at a price of 100.044, - f . /ment i/' Boulder in County Clerk, will receive sealed the" bid must be in a multiple of bids until 10 a.m. ion Jan. 7, for 34 > of ■!'; i % !,, per / annum, payable Beverly Hills, Calif.. the purchase of $1,355,000 school semfTannually.t Prinpipal and in¬ Bond Offering—B. J. Firminger, bonds, not exceeding 5%, interest. terest of said bonds are payable City Clerk, will receive ' sealed Dated Feb. 1, 1947.. Denom. $1,000. at the office of the.Treasurer of -bids until 8 p.m. on Dec. 10, for | These bonds are due Feb. 1, as folthe-City and County or,- at hold¬ the purchase of $225,000 incinera-, lows; $25,000 in 1949, and $70,000 er's option, at the fiscal agency in lor coupon bonds, to bear not ex- ]n 1959 j-0 jggg -phe principal and the City and State of New York. deeding 4% interest. Dated Dec.; interest payable at the County , $200,000 general public * improve? Associa¬ , also New Haven, Conn. Torrance, North Torrance Water ,\v District, Calif. '-j / Bond Offering—Cecil J, Mar¬ Bonds Voted—An issue of $174,- lowe, City Controller, will receive 000 water improvement bonds was sealed bids until 1.30 p.m. on Dec» favorably voted at the election 12, for the purchase of the follow¬ ing bonds totaling $350,000:V held on November 19./ ^ /.r vl v 1 j , . F. Moroney, County. tion, in the State. The opinion of Clerk, for the purchase of the fol¬ O'Melveny & Myers, of Los An¬ lowing school bonds aggregating Angeles, Heller, Bruce & Co., of geles, approving the validity of San Francisco, and R. H..Moulton $575,000: ■ /• said bonds, will be furnished the & Co., of Los Angeles, at a price $400,000 Citrus Union High School successful bidder at or prio^ to of 100.072, a net interest cost of District bonds.! Due $20,000 the date of delivery of the bonds ; about 2.06%, as follows: $225,000 from Feb. 1, 1949 to 1968, at the expense of the Authority, maturing Jan. 1, $15,000 iri 1949 to ■:j, inclusive. A certified check for 3% of the 1952, $20,000 in 1953 to 1959, and 175,000 Azusa City School Dis- principal amount of the bonds,! '$25,000 in 1960, as l8/4s, $125,000 trict bonds. Due on Feb. 1; payable to the Authority, must maturing $25,000, froin Jan. 1, $7,000 in 1949 to 1953, $8,000, accompany the bid. V .' \! !. > 1961 to 1965, as 2s, and $175,000 1954 to 1958, and $10,000 in San Francisco (City and County) 1959 to 1968. v'w/ -maturing $25,000 from Jan. 1,1966 ' j ■'!' 4'- Calif. I to I, ■ -N; 1972, as 214s. Dated Jan. 1, Interest rate is not to exceed 1947. Denom. $1,000. Bond Offering—It is stated by 5%, payable: (F-A)v Denom. An issue of $200,000 Livermole $1,000. Dated Feb.- 1/ 1947. Prin¬ John R.' McGrath,^ Clerk of the Union High School District bonds cipal and interest payable at the Board of Supervisors, that he vvill tion, Blyth3 & Co., both of San Francisco, California Bank, of Los by; on bid. may Principal and -interest (JtJ) pay¬ j ^ Angeles County, Sch. Dists. (P. O. Los Angeles), Calif. "" B«nd Offering—Seaied bids will com¬ posed on #* rates bonds authorized the . Alameda County Sch. Dists., Calif. /, Bend Sale—The $525,000 • Al¬ bany I BOND PROPOSALS AND NEGOTIATIONS offer of 100.005 for was an 134s, tendered Saskatch-^^he Fa™e« Bank of the State or Delaware, Wilmington. debentures, dated June 15, 1943, bearing 334%, 3%% and 4% interest, due on June 15, 1947, have" been added to the list of investments considered legal for 'I FLORI DA /". ///;/^ ;!5 ■ Gainesville, Fla. i;"-;-k Y'r Bond Offering—Sealed bids will or at any; of the-fiscal thirds vote of the electors voting agencies of the County in New at an savings banks in the State/ / ' be received, until 7 p.m. (EST) on election on Nov. 6, 1945, for $1,000. Rate of interest to Yprk City. Enclose a certified Dec. 16, by A. Clarence O'Neill, the acquisition, construction and East Hartford, Conn." / lie in multiples of .34 of 1%. These ' check for 3% of the amount of the Clerk of the City Commission, for completion of the San Francisco Bond" Offering — William R. bonds were authorized at the elec- .'bonds bid for, payable to the the purchase/of $600,000 water Airport in San Mateo County. O'Brien, Town Treasurer; will retion held on April 9, 1946. Prin| Chairman of the Board of Super- Said bonds are and electric revenue^ certificates. general obligations •cipal and interest (J-D)-payable visors. "-iye -7" Interest rate is not to exceed of the City and County, and the j Dec. ^ 4n Beverly Hills. Any legal opin¬ 9, for the purchase *of $l,- l9J/„ „nvahiA T r w Board of Supervisors thereof has Los Angeles County, Los Angeles ion as to.the validity of the bonds ,210,000 school issue of 1946, cou-1 000. Dated Jan. Paya?le 1, 1947. Due or* power and .is obigated \o levy ad desired by the bidder shall be ;-/» School Districts (P. O. ' < | p0n bonds; Dated Dec. 1,- 1946. Jan. I, as follows: $37,000 in 1949>. valorem taxes for the payment of obtained by and at the expense ?Los Angeles)] Calif* *.// j Denom. $1,000. These bonds are $38,000, 1950; $39,000, 1951; $40,4 said bonds and the interest there- due of the bidder. A certified check Dec.-1, as follows: $64,000 in Bond Offering—J. .F, Moroney, 000, 1952 and 1953; $41,000, 1954; on; upon all" property within said} 1948 to 1960, and $63,000 in 1961 for 3 % pf the bonds bid for, pay¬ County" Clerk, will receive sealed $42,000, 1955; ^43,000, 1956; $44,^ able to the City Treasurer, is re¬ bids until 10 a.m. on Dec. 10 for I?-61\ • of of iPtef?st to /\ oIiiqko' tion. by said ■ City., and County J multiples Rafte one—tenth or Se "L 000,-1957; $45,000, 1958; $46,000; quired. y. cj.vnnn iQfto* tm aaa the lorn purchase: of the following (except certain intangible bonds Principal and interest pay-'anH amounting to $13,500,000, sonal property, which is taxable 'able at the Guaranty Trust Co., of /; Calistoga, Calif. not exceeding 5% interest: * at limited rates) without-limita- New York, and the East Hartford^ V? Bonds Voted.—An issue of $90,?r i /intw liKfc $6,000,000 city high school district tion of rate or amount. The finn 000 municipal water system bonds legal Trust Co., of East Hartford. The uniform for bonds. Due Jan. 1, as follows: opinion of Orrick, Dahlquist, Neff, bonds will be certified by and de- tfe C carried at the election held on at than nar and ac$1,000,000 in 1948, $170,000 in Brown & at the East Hartford Nov. 19. Herrington, of San Fran¬ livered ' ! crued ; 1949, and $210,000 in 1950 to cisco, approving the validity of Trust Co., subject to the approv1972.:' ./••'/?,'/' ' /./V'/ ' Principal and interest payable at Fresno County, Floyd Sch. Dist. said bonds will be furnished to the ing opinion of Day, Berry & Howthe office of the Director of Fi-4 6,000,000 city sch. district bonds. successful bidder without (P' O. Fresno), Calif. charge. ard, of Hartford, about Dec. 20, nance or Due Jan. 1, as follows: $1,200,any such bank as may be Bids must be made on official bid 1946.' Enclose a certified check Bond Sale—The $12,000 school 000 in 1948, and $200,000 in designated by the purchaser. The forms furnished bonds offered for sale on Nov. 26 by ;the above for $25,000, payable to the Town. 1949 to 1972. approving opinion of Chapman 8c Clerk. The bonds will be awarded —v. 164, p. 2596—were awarded / New Britain, Conn. Cutler of Chicago, will be fur¬ 1,500,000 city junior college dis¬ to the highest and best bidder, to the Bank of America National nished the successful bidder with¬ trict bonds. Due Jan. 1, as fol¬ Bond Offering —W. H. Judd, Trust & Savings Association, of considering the interest rate or out charge. lows: $160,000 in A certified check for 1948 and rates specified and the premium President of the Board of Finance San Francisco, at a price of 1949, $80,000 in 1950, and $50/and Taxation, will receive sealed 2% of the certificates bid for is offered, if any. The purchaser 100.008, a - net interest cost of 000 in 1951 and 1972. required. ' • / ■;/. .• ■ must pay accrued interest from bids, care of the New Britain Na¬ about 1.42%, as follows: $6,000 Dated Jan.* 1, 1947. Denom. the date of the. bonds to the date tional Bank, until 11.30 a.m. on Marion County (P. O. Ocala), Fla* maturing $3,000 in 1948 and 1949 Bond Offering—The State Board of delivery. The City and County Dec. 12, for the purchase of $110,as 1%«C< and $6,000 maturing able at the County Treasury or at reserves the right, iri its discre¬ 000 street series of 1943, second of Administration will receive $3,000 in 1950 and 1951, as l%s. issue coupon bonds. Dated Dec. 1> sealed bids at its office in Talla¬ any of the fiscal agencies of the Dated Jan. 1, 1947. Denom. $1,000. tion, to reject any and all bids and County in New York City. Enclose to waive 1946,; Denom. $1,000. These bonds hassee, until 3 p.m. on Dec. 17 for The next highest bidder was the any irregularity or ina certified check for 3% of the formality in, any bid. The Board'are ^ue $11,000 from June 1, 1948 the purchase' of $100,000 SBA County Employees Fund, for $12,amount of each issue bid for, pay¬ to 1957. Bidders to name one rate series of 1947 coupon refunding of JOOO as 234s, at a price of 100.416. Supervisors will take action able to the Chairman of the Board of interest in a multiple of 1/10 bonds. Dated Feb. 1, 1947 and due awarding the bonds or rejecting of Supervisors. or 34 of 1%. Principal and interest Fresno and Tulare Counties, Feb. 1, 1961. all bids not later than 4:00 p.m. ;/7v: '//*;":•/;.;;>//"/ v (J-D) payable at the First Na¬ Reedley Joint Sch. Dist. (P. O. ■<: ■ San Diego County Water Authority (P. S. T.), on Dec. 16. ///"■'■'.. tional Bank of Boston, or at the IDAHO Fresno), $9,000 from De<^ 15,1947 to 1971. Denom. ■ ~ ' *rnfin?v lt0 per-|i%. . ^a^^ £ ftr - JSs - interestswill b/^^ered. . < whiih th^' ■ . . ■ . , Calif. ? (P. O. San Diego), Calif. Bond Offerings—W. H. Jennings, Bond Offering—sealed bids will be received Dec. until 10.30 a.m. on of 20, for the pur¬ chase of $2,000,000 acquisition and payable (J-J). 5%,' —v. construction County, for the Jpurchase of $137,000 school bonds. bonds offered for sale 10 Fresno Interest rate is not "to exceed (P. O. Modesto), Calif. Secretary of the Board Of Direc¬ tors,, will receive sealed bids until 10, by. the Board of Super¬ visors Stanislaus County, Sylvan Union Sch. Dist. cisco, a.m. on Dec. facilities bonds, to bear not exceeding 3*3/2% interest. Denom. $1,000. Dated Jan. 1, 1947^ Due $6,000 in 1948 to 1969, and $5,000 in 1970. Bond to a Sale—The 164, p. - $95,000 on school Nov. 25 2452—were awarded Weeden as basis & Co.,, of San Fran¬ 2%s, at a price of 100.931, of about 2.135%. Dated $1,000. are due $1,000 from Princmal and interest payable at, follows: $5.0,000 in 1953 to 1956, Dec. 15, 1947 to 1965. Interest pay•• the office of the Treasurer of $100,000 in 1957 to 1961, able (J-D).-The next; highest bid $150,000 Fresno taunt?.-A: $1,000certified* in-1962 to 1967,-and $100,000 :in was that submitted by Redfield & check, oayable to the. Board, of 1968 -to 1971. Said-rate or rates of Co.; and the, .William R. ' Staats Supervisors;of Fresno •■! County, - interest must be in multiples of Co., jointly, for 2y4s, at a price of; must accompany the bid " % of 1%. Not more-than two in¬ 100.526.r. / > > : Dated Jan, 1, 1947. Denom. $1,000. bonds are due Jan. 1. as These Dec.. t . I, "/.AU I 3 i" %' k, 15, "1946. These bonds Denom. New Britain National Bank. These bonds will be valid general obli¬ Boise gations of the City, They will be engraved under the supervision of and ness authenticated as to genuine¬ by the First National Bank" of Boston; their legality will be approved by Storey, Thorndike, Palmer & Dodge, of Boston, whose opinion Will be furnished the pur¬ chaser. Bond? will be delivered to the purchaser oh or' about Dec, 23, at the First National Bank of Bos.. City Independent Sch. Dist.» • Bond Clerk of Denom.' $1,000. I,'1953, Jan. q noon These bonds r • are Jah^ $23,000 July ;1/ 1953 L; 1955; S23.^ July :, i; to 195^ A, 1956,/$24,Q00 -July id;./ Jan/1, 1958, $24,500 July Jan. hvivxi- '■*£ ^ );• Trustees^u until due $22,500 *July4, 1952- and - t of , 1956 to ^H-^h Board • Foy, for the purchase of $750,000" series 1 of .1947, schoot winon bonds, not exceeding 234 % interest. Eiated Jam 1,1947> -fundes.;"■ -r/.^//1 :r''- /,?)•/<-'34 Zed L. onDec./ 18, and fat?, w&i the '. ' \ will receive sealed bids ton^ against payment _m Boston , Idaho Offering i?* ' -■ A'' OB«SttiW ... w «s ^.r. « joS- Number 4549 :- \ \ r »;: W, 1958 and *5 .^labler.ffl, Jan. . . . '< ' „ -• successful bidder shall »4V *\>A ' v:J i.> j A *>0C-C ,'v '*T<-WVrs'.** *» • * 5F fli fr* THE COMMERCIAL & FINANCIAL CHRONICLE - 1, 1959, $25,000 1966, are numerical .July 1, 1959 and Jan. 1, I960, $25,- order prior to maturity on Dec. 1, 500 July 1,*1960 to Jan. 1, 1962, 1954, or on any interest payment $26,000 July 1, 1962 and Jan. 1 date thereafter at par and accrued 1963, $26,500 July 1, 1963 and Jan. interest. Net income basis of % 1964, $27,000 July I, 1964 and about 1.965 r. ' ■' Jan. 1, 1965, and $27,500 July 1, | *1965 to Jan. 1, KANSAS 1 1967//The District; nvill furnish the approving opinions V >V*; vhJ.J a A vtfciiol* .of Chapman & Cutler of w iib'i Arkansas City$iiKan,: V -O.OU { Chicagp.! ^The K *>*rau*¥i'ir*w'» * .» "> 'V'.iC vi u M- T* , . I"' K 5 exceedirig 4% interest. Dated Jam. 1, 1947. Denom. $1,000. These bonds St. Landry Parish Subtoad District No. 1, of Road District No. 1, J dperjan;! las follows^ 1949 to 1951, $3,000 in -are $2,000 in 1952 3005 AL «<*■** K r-tf T irr^. ' • ' Xi JU -[Volume 164 7J>t,.,.''"Cr'/!'. of the Third Ward (P. MASSACHUSETTS Gloucester, Mass. O. Bond Opelousas), La. to 1964, $4,000 in 1965 to 1974, and $5,000 in 1975 to 1977. Principal tand interest (J-J) pay¬ $120,000 road construction able pf of the election.to be held:on Jan. 6. the office, eL Bond — An issue of the/jPreasurr-j r, /pi'. >J hi// — The $150,000 Act 1946, Veterans' Housing Loan bonds offered for sale bonds v. will be submitted to the voters at er.pf 'the Bpard pf.- Commission¬ ers.] /The, Election Sale 164, on Dec. 3— 2876—were awarded to p. the First Boston Corp:, as VI s/ at n price of r0O.319|'a brisfs of about 0.885%, Dated-Dec;!; 1946. Denoni. !"+ "1/ ! opinion of; MARYLAND; ! $1,000.: These bonds are due $30,L .Cutlpr,, of a Chicago,! .: /'* /: Baltimore,': Md. ',, " \ ' ] 000 on Dec. 1; from 1947' to 4951, certified: sealed bids until 10 a.m. on Dec.i check for !i Bond Sale'—/-A syAcilcafe headed inclusive. The neit highest bidder $2,000,} payable to the; 11, for the#urch^e iof $350,000; Treasurer, of, the • Board of Gprn-? by the Chase National Bank; and,; was Gloucester Safe " Deposit & iy4% municipal hospital coupon! Trust Co/ > for vis, at ;ia: price of missippersV>/s required. . > including as principal members,: 100.461. v/ borid^. Da^d Dec. l;:i946. l^eriom.; M.Mpi''/.) .?/)'.i; /I the Bankers Trust Co., First Na-| East Carroll Parish (P? O.. $1,000. These bonds are due 2 pro-i m> /vide printed blank borids for exe¬ cution., 11Enclose a. certified check! for; $37,500, payable to i the. Dis¬ trict. -?> /:'»■'.!/'-hi • Bond O f f e r I n James1 g Clough, City > Clerk, >'Will . <E.j redeivfej Chapman. Will / be . apRroymg . , furnished, <A , ^ . ( ^'r':.V':"ituNO!s'V.! $18,-! tional Bank of New York, Natiori-' Leominster, Mass.', v ! V ■ Lake Providence), La. i $17,000 On ArigJ ' al Dist\ City Bank of New Note Srile—Ari issue of '$100,000 York,, ''it' (P. ly ?in 1948 - to 1957. ' These bonds! /Bond Offering—Frank O. Chicago), /f!i!hi T Byerley,I Chemical:! Bank ' & Trust /Do.1/' tax anticipation notes offered for i Bond i Call—William s J. Grom-! were'^authorized "at vtheJ! general! Secretary Of the Police Jury, will j Smith, Barney 1 & Co., Lehman, sale recently, was' awarded at a tley/District Treasurer^ calls fori election held on Nov. ;5. Principal; receive sealed bids until/ 11, a.m. Bros., Blyth Co., Inc., Harriman discount of 0'.50 %.' T;hese notes (payment on Jail. 1, the following and interest payable at the State] on Jan/' 9,; for the purchase of Ripley & Co., Inc., and' Kidder, are due Feb. 20, Treasurer's office;* Payable' fromf 1947.;. , } , /'/ bonds: $200,000/ p lib 1 i c / improvement: Peabody & Co., was the successful //..../-/ ..'■' an unlimited ad valoreiri tax. A1 bonds, to bear not Lynn, Mass. " /'•? ,'v.'/v;. 4% series A, is^sue of 1936, re¬ exceeding 4% i bidder for the $23,200,000 coupon Note Sale — The $500,000 tem¬ funding bonds, Nos. 6770- to 6966,1 certified checks for <2% must; ac¬ interest. 1 Dated, "Jan., Vt 1947.: bonds offered fOr 'Sale On Dec. 5/ iand 6970 to 7087,;. Holders should: company the bid. ; Denom. $1,000;J These bbnds are! The r. porary loan notes offered for sale group obtained the bonds on on Nov. 27, were awarded to the •:*!;/:::;vw- j:" due, Jan., 1, as'follows; $18,000 in a bid of [present these bonds for payment: 100.1399,. a net interest 1 t ; I (t-Varne(b Kan. ^ -at' the American National .Bank! Second National Bank and the . j 1948, $19,000 in 1949 to 1951, $20,-; (COst of 1.527%, divided as follows: } Bond Sale—The $100,000 water 000 Boston Safe Deposit & Trust !«& Trust Co., Chicago. 1952 and. 195$,;$21,000 in • /;>/ Co., $2,000,000 6th sewer i bonds, as both of works- bonds offered ; for sale on 1954 Boston, jointly, at a rate issue,,of 1945>; refunding jito 1956* and.$22,,000 in 1957.: {11/23; Dated Jan/1; 1947. Due of 0.49%. Dated Nov. 28, 19461 bonds, Nos.-302 to 601,' for $1,000 Nov. 18, were awarded! to the So-! Bidders may designate the.! rate or $80,000 ■ annually on Sept.' 1 j These notes are tteaeh. Holders of these bonds! denrZahner Co./ Qf Kansas: City,! rates to be, borne by the bonds due, Murch 11, V. from 1952 to 1976 inclusive.) 1947. The next highest, Should present same for payment' as iy4s, at a price of 100.17, a; and may specify the place of paybidder was ri /'/ Interest M-S. ■ V;;'/V! / ■ / < basis of about 1.215%. Dated Dec. ment. / Bids ^ •; the -at the American National Bank,,& Day Trust Co.,! Boston, at a .shall be conditioned 5,000,000 4th paving and bridge) rate of ly; 1946. jt Denom; $1,000. ,<• These upon the unqualified, Trust Co., Chicago, where approving 0.495%;./ they; ; ; bonds, as iy4s. Dated Jan. 1, bonds are due $10,000 from will be redeemed at the Dec.; opinion of Chapman & Cutler, of redemp-' \ Salem, Massi • VI947 to 1956. Principal and in¬ Chicago. The cost of such opinion v,!f. 1947;. Due $1,000,000 annually! tiop price of the principal amounts V p on Sept. 1 from 1952 to 1956 Bond Sale—The $45,000 Act of •thereof and accrued interest. Said terest (J-D) payable at the State and the printing of the bonds will 1945, municipal relief loan bonds / inclusive. Interest M-S. These bonds, be paid for bonds should be presented for Treasurer's office. by the Parish/ Deliv¬ 3,000,000 5th airport bonds, as offered for sale on Dec. 4, were /payment with all coupons there¬ authorized at the election held on ery of the hpnds wil) be made in //n; iy2s. Dated Jan. 1, 1947. Due awarded to the Second National to appertaining maturing on or Nov. 5, 1946y in the opinion of any city other than Lake Provi¬ $300,000 annually on Sept. 1 Bank, of Boston, as Is, at a price ^after Jan. 1. .Any of said bonds counsel, constitute direct and dence requested by the purchaser, from 1952 to 1961 inclusive. of 100.47, a basis of about 0.84%. Hvhich shall at the time be regis¬ general obligations of the entire but at the /expense of. the pur¬ Dated Nov. 1, 1946. Denom. Interest M-S. // $1,000; //; tered should be accompanied by City, payable from ad valorem chaser./ A certified, check for $4,10,000,000 v throrigh; h i g h'w a y These bonds are due $9,000/Nov. 1* taxes which may be levied on all "duly " executed; assignments ot 000, payable to the .Treasurer of /> bonds, as ly^s. Dated Aug. ,15, 1947 to 195L( The next highest •transfer powers in blank. :// /// the taxable property within the the Police Jury,'is required.,/ ;/;/ bidder was .Wood, 1946. Due $l,000,00t) arinualStruthers,.& City, without limit as. to rate or amount. Louisiana! State University and / f ;ily on Aug. 15 from 1950 to Co., for Is, at a price of 100.336. Legality approved by INDIANA" : ?(•;• *■!% 1959' inclusive. Interest F-A «.ijv. r j. •••'•'« Stinson, Mag,; Thomson, McEvers !"'.•• AgricuturaV and /./.'.!;// Southbridge, Mass. *.'$» • .VJ5/ H.'A h : : J V-'' ■'/' ',VJ '■ | Indianapolis School City (P. O. & Fizzell, of j Kansas Mechanical College (P. O. Note Sale—An issue of ' City... •. > $100,000 ;,tt. 3,200,000 fifth water bonds/ as tax Indianapolis), Ind. h ' ! Baton JRouge), La. !'/-!•'//•/> anticipation notes was award¬ V./; Bond Offering—Sealed bids will ! - v l%s. Dated Aug. 15,1946. Due «1 ed Ory V )yichitat K<*n.. /" •'/' Bond Offering—The: Executive recently, f. at a discount of / $800,000 ?be received until noon (CST), on annually on Aug/15 0.50%. These Bond Sale —The following; in¬ Committee of the notes »are-due-May Board of Su¬ / from. 1970" to 1973 inclusive; Dec. 20, by the Board of School ternal « impro,vement bonds pervisor's will recdive sealed bids 1, 1947. ■ /./ ;////;//:,■/ /; Interest F-A 15. '' ■'Commissioners, for the purchase amounting, to $451,352.19, and of¬ until ■:/:/:/;'/i! 9 ri.m. on Dec. 19, for the -of $400,000 building bonds. Inter¬ fered for sale on Dec. 3—v. 164, Principal, arid semi-annual in¬ MICHIGAN purchase of ,$3,500,000 series of est rate is not to exceed 5%, pay¬ terest p. 2876—were awarded to the Mcpayable \ in /Baltimore. 1947;/ building / revenue 'coupon Battle Creek able 1 J-Ji Denom. $1,000.f Dated Township (P. O/ Kinney-Ohmart Co., of Wichita, bonds, to bear not exceeding 4% Legality approved by Wood, HoffBattle Creek), Mich. Jan. 6, 1947. Due $20,000 on July at a price Of / mari, King & Dawson of New 100.016, a net inter¬ interest//'/ Dated Jarii 1, 1947. Bond, Offering — Ch a r 1 e s E, 1, in*1948 to 1954, and on Jan. 1; est cost of 1.025 %:•h • ?■. York City;/ The Chase National •: 't Denom/ $1,000. These bonds are In 1955 to 1967. Rate of interest Bank of New "York and associates Slighly, Township Clerk,, will re$334,470.54 curb, gutter, paving due Jan. 1/ as follows: $55,000 in receive sealed bids until 7 to be in multiples of " ^4 of 1%. p.m. re-offered the bonds as follows: and sewer bonds. For $102,- 1949, $70,000 in 1950 to 1952, $80,(EST) on Dec. 10/for the pur¬ Each-bidder shall name only one $10,000,000 highway iy>s, due t-i&i 470.54 maturing Dec. 1, $34,- 000 in 1953, $95,000 in 1954 and chase of $300,000 series :*ate of interest and bids are ;to A, water ' 470.54 in 1947, $34,000 in 1948 1955,: $85,000 hT 1956; $90,000 in 1953-1959, at prices to yield from be for not less than par ant! ac¬ 0.85% ,to .1.40%; ,$5,000,000 sewer supply and distribution system > t and 1949, iy4s, < and $232,000 1957, $140,000 in 1958 arid revenue bonds, not 1959, and crued interest.' A certified check exceeding 3% airport* ll/jsh due 1952-1976, Kv; maturing Dec.' 1; $34,000 J in $290,000 in 1960, $295,000 in 1961, interest. Dated :fdr 3% of the bonds bid for, pay? Dec/ 1, 1946; to yield from 1.05% to 1J0.%; Denom. '1950, and $33,000 in ;1951 to $300;000 in 1962, $305,000' in 1963, pble to the Board of School Com¬ $1,000. These: Ootids,/are :M; 1956, as "Isnf $315,000' ?rn' 1964/ $330,000 in T965, $5,000,000 paving and, bridge ty4s, due Dec; 1, as foliov/s/$10,000 in due missioners, is required; ; ; :/:"/ 1952-1956} to ! yield from 1951 to 1965, and $15,000'in 1966 116,881.65 series No. 514 bonds] $335,000' iri'^1966, ad $340,000'' in V, 1967/1 The successful bidder may 1.05% to 1.25%; $3,200,000 water to 1975. Rate //.: St. Joe, Ind. ' • * park bonds. For $35,881.65 of interest to be in 13/4S, due 1970-1973, at a. price'of name a bank or banks as to Bond Sale—The $63,000 water place maturing Dec. 1, $11,881.65 in multiples of y4 of 1%. Principal The of payment, one of which must be par and accrued interest. "Works revenue bonds offered for and interest payable at the Lakey 1947y $12,000 in 1948 and 1949, located in New Orleans or Baton syndicate announced that three-, sale on Dec. 2—v. 164, p. 2740— / as iy4s, and $81,000 maturing view State Bank of Battle Creek, fourths of the entire loan had Were awarded to Katz & O'Brien, ':://■ Dec. 1, $12,000 in 1950 to 1953, Rouge, and the other in New York or at such other bank or trust been placed up to the close of and Edw. T. Taylor & Co., both of City, or Chicago. The Board will and $11,000 in 1954 to company, designated by the pur¬ 1956, business on the day of award. supply the unqualified approving Cincinnati, jointly, as 3%s, at a as chaser. Bids shall be conditioned Is./ Only one bther bid was sub¬ opinion of Chapman & Cutler, of ;t>rice of par, ' Dated Dec. 1, 1946. mitted at the sale, a syndicate upon the unqualified opinion of ; Denom. $500. These bonds are Chicago, at its own cost and will LOUISIANA Miller, Canfield, Paddock & headed by/ the First National clue July 1, in 1949 to 1985. Interpay the cost of printing the bonds. Bank of Chiriago naming a price Stone, of Detroit, approving the ; i Acadia Parish Gravity Sub' ; These! bonds are register able as -est payable J-J. );';/"///// /:/ legality of the bonds. The cost of of 100.2077 for Drainage District No. 2 of $5,200,000 ;i3/4s, to principal. Delivery of the such opinion and of printing the First Ward Drain District />/// r' IOWA iy2s, and $5,000,000' bonds will be made at any city $13,000,000 bonds shall be paid by the Town¬ i;..,':. -:;-v ■ ."* :> ? ■ i. y < y/ ••: iy4s, or a net interest cost of ^ V No. 1 (P. O. Rayne), La. other than the City of Baton ship. Enclose a certified check for f , * /■>/ Denison, Iowa */' y. i about /1.554%; Other /principal Bond Offering—Lenis J. Rich¬ Rouge requested by the Bonds Offered—R. L. Rule, City purchas¬ members of this account were 2% of the par value of the bonds,, ard, Secretary of the Board of er, but at the expense of the pur¬ Clerk, received sealed bids until Halsey, Stuart & Co., First Bos¬ payable to the Township Treas.2.30 p.m. on Dec. 4 for the pur¬ Commissioners, wilt receive seal¬ chaser. A certified check for $70,urer,./ ! ton Corp., Blair & Co., /"//a•://.■ /. ■.'./ ed bids until 10 a.m. on Dec. Inc., C. J,. 000, payable to the Lousiana State chase of $36,000 airport bonds. 30, Devine & Co., Union Securities for the purchase of Birmingham, Mich. University and Agricultural and $100,000'pub¬ Kossuth County (Pi O. .;! Bond Sale—The $125,000 water Corp., and Harris, Hall & Co'/??:; / lic improvement bonds, to bear Mechanical College, is required/ Algona), Iowa not exceeding 4% interest. supply system revenue bonds of¬ Dated Washington Suburban Sanitary Bonds Defeated An issue of Jan. fered for sale on Dec. 2—v. 164/1, 1945. Denom. $1,000. These /r-.,;//;/ New Orleans, £«#;//// Distirict, Md. //"Z/::/// p. 2740—were awarded to H. V. ,.:$100,000 county hospital bonds bonds are due Jan.' 1, as follows: Bond Offering—Lionel G. Ott, was defeated at the election held The $1,000,000 Satley & Co., and $2,000 in 1949 to 1951, $3,000 in Commissioner of Public Finance, /Bond Sa le Campbell, Mc~* •On NOV. 5. 1952 to 1964, $4,000 in 1965 to will receive sealed bids until noon water main and sewer construc¬ Carthy & Co., both of Detroit, 1974, and $5,000 in 1975 to 1977. on Jan. 10 for the purchase of tion LLL bonds offered for sale jointly. Dated Dec. 1,1946. Denom. Muscatine County (P. O. The approving opinion of Chap¬ $290,000 bonds, including $150,000 on Nov. 26—v/164, p. 2597—were $1,000. These bonds are due April Muscatine), Iowa ' man & 1, in 1948 to 1967. The next high¬ Cutler, of Chicago, will be public belt bridge fund, series B, Bonds Voted—An issue of $225,awarded to a syndicate composed est bidder was McDonald-Moore furnished the successful bidder. due March 1, 1965, and <000 bridge construction bonds was $140,000 Principal and interest (J-J) pay¬ public belt, ne\y series, due .March of Harirman Ripley & Co., Inc., & Co., and Watling, Lerchen & approved at the election held on able at the office of the Treasur¬ 1, 1961. •; v/ ■, •R. W. Pressprich & Co., and B, J. Co., jointly. /; Nov. 5. W 7.-;' . .j. er of the Board of Commission¬ Van Ingen & Co., both of New Grand Rapids and Paris TownshipsM Port Allen, La. ? V > Sibley, Iowa ■ ers. -A certified check for }//'/ ■ $2,000, Graded Sch. Dist. No. 3 (P. O. Bond Sale Details The $550,- payable to Bond the Treasurer of the Offering The .Tpwn York, as 2y4s, at a price of 100.48', East Grand Rapids), Mich. 000 2% light plant revenue bonds Board Dated ,of Commissioners, is re¬ Clerk will receive sealed bids un¬ a basis of about 2.225%. Bonds Sold — The Secretary of awarded on Nov. 20 to Sparks & quired. til Dec. 19, for the purchase /of Dec. - •/; V\v;. 1, 1946. Denom. $l,Q0O. These the Board of Education states that Co., of Des Moines, as 2^; at a Acadia Parish, Second Ward Grav¬ $100,000 gas revenue bonds. bonds are due on Dec. 1, in 1947 the $15,000 refunding bonds off¬ J)rice of 100.245—v. 164; p. 2740— ity Drain District No. 2 (P. O. are dated Dec. 2. 1946, in the de¬ to 1986, inclusive. Rapides Parish School District Interest pay¬ ered for sale on April 8, were, purchased by McDonald, Moore nomination of $1,000, and mature ; No. 1 (P. O. Alexandria), La. Growley), La. able J-D. Runner-up in the bid¬ & Co., of Detroit, as Is. Bond Offering Dec, 1 as follows: $9,000 in 1949 J. E. Daigle, Bond Offering ding was the Union Securities iT~ H. M. Wells, arid 1950, $23,000 in 1951 to 1953, Midland Township School District Secretary of the Board of Com¬ Secretary of the / Parish School Corp. of New York, and associ¬ $28,000 in 1954 to 1956, $32,000 in No. 13 (P. O* Midland), :AficJ», < missioners, will receive sealed Board, will receive sealed bids ates, bidding 100.369 for 2.30% 1957 to 1959,: $38,000 in 1960 to Bond Sale—The $60,000 builds, bids until 2 p.m. on Dec. 30, for until noon on Jan. 3, for the pur^ bonds/ while third highest bid 1962, $41,0001" in 1963 and 1964, ing bonds offered for sale on Dec. $43,000 in 1965, and $44,000 in the purchase of $100,000 public chase of $275,000 school coupon was that of Blyth & Co., and asso¬ 2—v. 164, p. '2876—were awarded 1966. Bonds maturing in 1955 to improvement bonds, to bear not bonds. an offer of 100.32 for 2.30s. to the Chemical State Savings • " • • I . 000 Cook Countyi Forest-Preserve on1 FebV'dnd . ( . ■; , . . • . - : t • . ' , /;"■•/ v .. v - • • v , /]'//]: , . . • - • . , ^ . _ r — — . ' . — % u ciates, - THE COMMERCIAL & FINANCIAL CHRONICLE 3006 Bank of Midland, as l^s, at a price of par'. Dated Dec. 2, 1940. Denom. $1,000. These bonds are due $12,000 on May 1, from 1948 to 1952, inclusive. The next highr est bidder was McDonald-Moore & Co., and H. V. Satley & Co., jointly, for 3s, at a price of 100.316. Tildett Township (P. O. Denom. due $1,000. These bonds The 1967. next Union are $25,000 from July 1, 1948 to bidders were the Harris Trust & Savings Bank, Chicago, Park-Shatighnessy 6 Co., and C. S. Ashmun Co., jointly, for $150,000 1.70s; and $350,000 l3/4s, at a price of 100.525, Separate School District, " 8 Miss. Bond Election highest ; . — ; v • An issue the to voters election to be held National will received be (EST), on until 7 f* Dec. 16, by Gladys Lar¬ revenue to 4%, 'i payable the ; ? following • Collins, as 2Yzs: 7 $10,000 water works and of sewer extension bonds. Due in 1947 < to 1966; ^ 3,000 Memorial Park bonds. Due in 1947 to 1951. bonds will be considered. Bidders will be furnished George County School Districts (P. O. Lucedate), Miss, v Bonds Sold — It is now stated with the ; approving legal; opinion of Miller, Canfield, Paddock & Stone of Detroit, without cost. The Township shall also pay the cost of printing the bonds. A certi¬ fied check for 2% of the par value of the bonds, payable to the Township Treasurer, is required with bid. (These are the bonds y • < Bonds 1, J'' Voted An — ' issue of Nov. 12. Pequannock Township Sch. Dist* Bond Election — An issue of (Pi Of Pompten Plains), N. J* ; f $100,000 $25,000 site purchase and audi¬ % Bond Sale—The $150,000 cou¬ y torium construction: bonds' will be; recently, were submitted; to the voters at the < City National election;on Dec.vl7«i " Bank & Trust Cot, of Kansas City,' Woodmen of tite World Life In* as is, at a price of 100.268, a basis; surance Society (P. 077:777'. of about 0.955%. Dated Jan. 1, v, Omaha J, Neb, "i'7777 1947. Denom. $1,000. These bonds Bond Offering — The Society are* due Jan. 1, as follows: $8,000 Will receive sealed bids at its home' in 1948 to 1952, and $10,000 in 1953 to 1958. Principal and interoffice, Insurance Bldg., Omaha 2, until 10 a.m. (CST) on Dec.! 16 est payable solely from the' rev¬ enues derived, by the City from for the purchase of various bonds the operation of the electric and of municipal bonds aggregating water works of the City. Legality $3,662,00.0. Bulk of the offering Southern approved by Stinson, Mag, Thom¬ consists""* of bonds of communities. - ,; son, MeEvers & Frizzel, of Kansas offered the $13,000, offered on Aug. 6, have been purchased by the State • Bank & Trust Co., A~0. Denom. $1,000. Dated April 1, 1946. Due on April 1, as follows; $1,000 in 1948 to 1952, $2,000, 1953 to 1956, and $3,000' in 1957 to 1975. Bate to be in multiples of 34 Of 1%, no proposal for less than all of the bonds aggregating bonds! Interest rate is not exceed ; Collins, Miss. Clerk ' that Town ;, : ■ $156,000 construction bonds was approved at the election held oh Jan. dated (P;>. O. ; Bond Sale—An' issue Of ; Bonds Seld—It is stated by son, Townsnip Clerk, for the pur¬ chase of $70,000 coupon water are District • Whippany), N. J. Wakefield, Neb. electric and Water revenue bonds p.m, bonds Denom. $1,000. School i missouri ■■ Mississippi These 1947. Fayette, Mo. Mine), Mich." ;V Bond Offering ^ Sealed b ids $10,field bonds Will be submitted to the voters at the election to be held on Dec. 24. Dec. 10. on net interest cost of 1.677%. a 000 2%% aviation the at Parsippany-Troy Hills Township Neligh, Neb. Bond Election—An issue of of $100,000 building bonds Will be" submitted Monday, December 9, 1946 sale' for awarded to • the; , , - , , pon or registered school bonds offered for sale on Dec. 2-f^v; 164, 2741—were awarded jointly to Minsch, Monell & Co., bnd H; L. Allen & Co.y both of New. YOfk, p. 2s, at as of a aboilt 1946. price of 100.41, 1.95%; Dated a basis Nov. 1, Due $10,000 from Nov. 1, 1949 to 1962, incl. Second bOst bid was ah offer of 100.393 for 2s, made by MacBride, Miller & Co., and J. S. Rippel & CO., bid¬ ding jointly, While third highest was a joint offer by B. J. Van Ingen & Co;, and Julius A. Dippel, Ihc'., of ri00,289 f6r 2.10% " bonds. by the Clerk of the Board of Su¬ City. NEW JERSEY pervisors that the $75,000 Luce7f||||| Libourn, Mo, NEW MEXICO dale Spec, Cons. School District Bond Sale Details*—The $40,000 Atlantic Highlands, N. J. Lordsburg, N. Mex. bonds offered for sale oh June 3, Water 1 worjks revenue b p h d s r*- Bond Offering—Stanley S. SculBond Sale—The $28,000 paving Were purchased, by the T, W. awarded in. October to the Munic¬ Woodward CO, of Jackson, as 1 34 s. thorp; Borough Treasurer, Will re¬ bonds offered for sale on Dec. 2— ipal Bond Corp., of St. Louis, as ceive sealed bids until 8 The p.m. on V. 164, p. 2453—were awarded- to $7,000 Basin Cons, Sch. 3%s, at a price of parL-v. 164, Dec. 10, for'.the purchase of the Boettcher & Co., of Denver) Dated ; Dist. bonds offered for Sale on p. 1772-^mature July 1, as fol¬ following $87,000 coupon or reg¬ Jan. 1, 1947. Dehorn. $1,000. These Aug, 75, Were purchased by the lows: $1,000 in 1949 to 1951, $1,- istered bonds, to bear hot ex¬ bonds are due on Jan. 1, as fol¬ County, as Is. Due in 1947 to 500 in 1952 to 1957, $2,000 in 1958 ceeding 6% interest: 1953. 7,7 7 ' 1 lows: $2,000 in 1948 and 1949, and to 1962, $2,500 in 1963 to 1968, and $28,500 series A, harbor improve-: $3,000 in 1950 to 1957. The next $3,000 in 1969, Dated Sept 71, v" Greenville, Miss, ment bonis. Denom. $500. highest bidder Whs Sodett-Zahnejr; Bond Sale—-The $40,000 school 1946. ' ! These bonds-are due Dec. 15, c°bonds offered for sale on Dec. 3— New Madrid,* Mo. 77 as follows: $1,500 in 1947 to Silver City, N. Mex. V. 164, p. 2877—Were awarded to : 1957, and $2,000, in 1958 to Bonds Sold-^An issue of $45,000 Bond offering — R. P. Noble, the First National Bank, of Green¬ 1963. Town Clerk, will receive sealed ville, as l%s, at a price of 100.068, public improvement bonds was purchased recently by the Munic¬ 7,000- series ;B,- harbor improve-; bids until Jan. 15, for the purchase a basis of about 1.74%. Dated Jan. ■ ment bonds. Denom. $500. of $65,000 water system bonds. 1, 1947. Denom. $1,000. T h e s e ipal Bond Corp., of Chicago, as Dated Nov. 1, 1946. Legal¬ ; i These bonds are due $500 Dec; These bonds are the balance of bonds are due $2,000 from Jan. 1, 2i/2s. the $350,000 issue authorized at 15, 1947 to 1960. 1948 to 1967. The next highest ity approved by Charles & Traubidder was the First National exnicht, of St. Louis. 28,000s water bonds. 1 Denom; $1)-: the election held on April 3,1945. These bonds are due Bank; Memphis, fOr 2s and 13A s, MONTANA NEW YORK at a price of 100.133, $2,000 Dec. 15,T947 to 1960. , ■ , . that were success on offered for sale without Nov, 1.) • V ermotitville, / Bond j . . Mich. Offering Sealed bids Will be received until 7 p.rit (EST), on Dec. 9, by Arthur L. Barhingham, Village Clerk, for the purchase of $130,000 coupon - . . . water is revenue to not bonds. Interest rate exceed 3 %, payable J-J, no proposals for less than all * of said bonds will be considered. Denom. . $1,000.' Dated Jan. 1, 1947. Dqe on Jan, 1, as follows: $3,000 in 1950 and 1951, $4,000 in 1952 to 1958, $5,000 in 1959 to 1974, and $8,000 in 1975 and 1976. Said shall bonds be callable for * re¬ 7 Bond Election the An issue of and will be submitted to the Voters at bonds the election to be held were on Dec. 10. Jackson County Wade Consoti: dated School District (Pf O. Sale—The Boiid $50,000 water works plant bonds chaser will be furnished without cost ■ of sewer $45,000 water system offered for construction bonds were as - recently) 2%s. These authorized at the elec¬ Opinion of tion held on July 15. ;y ■:;> Pascagoula), Miss. Miller; Canfield, Paddock & Stone Bond Sale—The $27,000 school Lake of Detroit, but purchaser Shall County (P. O. Poison), Mont. bonds offered for sale on Dec. 2— Bonds Voted—An issue of $25,pay the cost of printing the bonds. A $2,600 certified check, payable r< 164, p. 2877—were awarded to 000 road equipment improvement to the Village Treasurer, must ac¬ Kingsbury & Alvis, of New Or¬ bonds was favorablj' voted at the company the bid, (These are the leans, at a net interest Cost of election held on Nov. 5. Dated Nov. 1/ 1946. bonds that were offered for sale 2.626%. Lake County School District No. 23 Denom. $1,000. These bonds are without success on Nov. 18.) (P. O. Poison), Mont. due May 1, in 1948 to 1961. The Bonds VotedrT-An issue of $135,next highest bidder was Scharff & MINNESOTA 000 construction bonds, to bear Jones, at a net interest cost of not exceeding 6% interest, voted 2.75%. Dodge Center, Minn, at the election held on Nov. 5. y Bonds Voted—An issue of $14,Louisville, Miss, 500 airport and site purchase Bond Election— An issue of Richland County Sch. Dist. No. 86 bonds carried at the election held (P. O. Lambert), Mont. $30,000 construction bonds will be on Nov. 19. Bond Sale Details—It is now re¬ submitted to the approving . 1 • . . \ follows: $3,500 in 1947, and $5,000 in 194§vjo 1951. as Dated Dec. 1946. Rate of interest to be in a multiple of Yi or One-tenth of; i %. Principal and interest (J-D) payable at the Atlantic Highlands National Bank, \ Atlantic Highlands. The legality of the bonds will be approved by Caldwell, Marshall;, Trimble & Mitchell, of New York City, whose; approving opinion-'will be fur¬ nished to the purchaser without charge. A certified check for 2% of the par value of the bonds bid for, payable to the Borough Treas-, urer, is required. 15, Bonds Voted—An issue of $29,7 at the election held on Nov. 5. '; Glenwood, Minn, '7777;'7v 7 An issue Bond Election Held ~ of $100,000 hospital bonds was submitted to the voters at, the election held on Dec. 3. Board Rankin County School Districts (P. O. Brandon), Miss. ' Offering Scheduled—The of Estimate and Taxation I Bonds Sold-—-The $45,000 school bonds offered for sale on Sept. 2, is said to have authorized the off¬ / ering of the following bonds to¬ taling $1,000,000 —. for Jan, 3: $400,000 land acquisition; $400,000 storm drains, and $200,000 revolv¬ ing fund bonds. (It is also stated purchased by Kingsbury .& Alvis, of New Orleans, as 2s, as were follows: , ing bonds offered for salO on Dec. 3—v, 164, p. 2877—were awarded to a syndicate Composed of the Northwestern National Bank, Bond —• An issue of Fort Bonds Edward, N. Y. Sold—It is now stated - that the $10,000 water bonds of¬ fered on March 15, were pur¬ chased by the Marine Trust Co., of Buffalo, as 100.275, Due in a l^s, at a price of basis of about 1.44%; 1956, incl. 1947 to Bond SaleThe $15,000 land purchase bonds offered for sale on Dec. 3 —v. 164, p. 2741 — were awarded to the South Shore Trust Co., of Rockville Centre, as 1.40% i at a price of 100.03, a basis of about 1.395%. Dated Jan, 1, 19467 Denom. $1,000. These bonds arh due $1,000 Jan, 1,- 1948 to 1962. The next highest bidder was the Marine Trust Co., of Buffalo, as 1.60s, at a price of 100.27. : 7 7;: An issue in a multiple One-twentieth of „ purchase . $40,000 hospital bonds authorized at the recent ' . and interest nished with the approving opinion of Hawkins, Delafield & Wood, of New York,'.that the bonds are Valid ahd legally binding" obliga¬ down, District Secretary, has an¬ nounced * that ; the $20,000 fire bonds, riot exceeding 4% interest—V. 164, p. 7876—Were riot sold. These bonds are being reof: house fered for sale Borough, must accompany bid. . Dec. 10. ; Bond Offering—It is stated by Charles E. Ashdown, District Sec¬ retary,: that he Will receive general ; " (P. p. Roosevelt), N. Y* • tions Of the Boroqgh. A certified check for $18,000 payable tor the on Hempstead, Roosevelt fire Dist. Montclair, N. J. election. 164, p. 2065—were awarded to the Robert E. Schweser Co., of —v. bids : Savings Bankf of Chicago^ as l.%s, a price of 100.329. a basis - of about 1.459%. Dated Dec. 1,1946. hot at to Nassau the sealed exceed . 4%, payable J-D; Denomiation $1,000. Dated Dec. I/ $2,000 from Dec. 1; Omaha, at a price of par, a net interest COst of 1.86%, as follows: Denom.v $1,000. These bonds are 1947 to 1056, incl. Interest rate to be ifiL multiples of 34 or one$35,000 maturing $7,000 Oct. 1, due Dec. 1, $10,000 in 1947 td 1962, tenth 1 %, and^rriust be; the 1946. 1948 to 1952, as l%sf and $40,000 ahd $8,000 in 1963. The next high¬ and the Allison-Williams CO., both of 100.15. Dated Aug. 1, Second best bidder was Scharff & as 1.70s, at a price 100.707, a net interest cost of Jones, Inc.,- offering 100,115 for 1.639%. Dated Jaii; 1, 1947. l%s. Minenapolis, of registered County Na¬ Bond Safe ^Tbe $168,000 im¬ tional Bank, Roosevelt,, until 4 will be submitted to the voters at the election to be held on Dec. 17. Gering School District, Neb. provement bonds Offered for sale p.m. on Dec. 10) for the purchase 2741—were of $20,000 coupon or registered Bond Sale Details—The $75,000 on Dec; 3^v; 164, Tylertown, Miss. ::•• ;377/ stadium bonds sold last October awarded to the Harris Trust: & f irp house bonds. intOrest rate* Is $225,000 natural gas System bonds First National Bank, both Of Bonds Sold—It is stated by the Minnepolis, First National Bank, Town Clerk that $100,000 indus¬ of St. Paul, Piper, Jaffray & Bop- trial plant bonds were purchased Wood, of Minneapolis, Kalman & by H. Earl Ginn, end Associates, Co., of St. Paul, J. M. Dain & Co., of Tylertown, as 134s, at a price of interest coupon or Bonds Unsold—Charles E. Ash- — » Election 5% funding bonds. Dated Dec! 1,1946. Denom. $1,000. Due on Dec. 1 from 1947 to 1956 inclusive. (J-J) payable af the $16,000 town hall construction Fair LaWh-Radburri Trust ; CO.,! bonds will be submitted to the Fair Lawn, or at the Manufactur¬ voters at the election to be held ers Trust Co.', New * York City. on Jan. The successful bidder Will be fur¬ Election Steen's Ripley, Miss. . p.m. Hempstead, Roosevelt fire District (P. O. Roosevelt), N. F* |7 Bond at a Nobles County Independent School District No. 5 1 Dec. 11 for the purr chase 6f $365,000 not to exceed on Of - one-eighth- or of 1%. Principal Algernon Township (P. Of \ Mason CityJi Neb. dated September.) (P. O. WorthingtoriJ, Minh. ' $1,170,000. Rate of interest to be ' Creek Consoli¬ School District bonds, franklin County (P. O. Franklin), Nebraska " ' j-' 7 price of 100.445. Bonds Purchase Contract—E. L. 25,000 Brandon ; Consolidated School District bonds, at a Meade, County Auditor, reports that the Mortgage Investment Co., price Of 100.444. of Hastings, - has Contracted to $20,000 that the Board has decided to issue no additional bonds until next Bond Sale—The $500,000 build¬ , — Minneapolis, Minn< Bond the at on Dec. 10. (EST) 7 Lawn, N. J. Bond Offering:—Ralph M- Bry¬ ported by the District Clerk that ant, Borough Clerks will receive; bids until 8:30. p.m. on the $10,000 building bonds sold to sealed Neshoba County, Bloomo Consoli¬ Dec. 10, for the purchase of $900,-1 Coughlin 8c - Co., of Denver— dated School District (P. O." 000 sewer' assessment" coupon or v. 164, p. 2741—were purchased Philadelphia), Miss. by the said firm as 2.15s, at par, registered bonds, to bear not.ex¬ Bond Sale The $6,000 school and mature as follows:; $1,000 ceeding 6% interest. Dated Jan. bonds offered for sale on Oct. 7, from Jan. 1947,. Denomination $1,000. 1,1948 to 1957; optional 15, were awarded to Luke C. Hester, in full on Jan. These bonds" are due $90,000 from 1, 1951. of Philadelphia, as 2.90s, at a price Jan. 15, 1949 to 1958. These bonds! of par. Interest payable M-S. are part of an authorized issue of NEBRASKA ■ voters 600 road and bridge bonds carried Fair ^ Fred A. Tor¬ will 're¬ rance, County Treasurer, ceive sealed bids until Hempstead, Lido Reach Perk Dis* trict (P. O. Hempstead), N. Y, r 1 , Glasgow (P. O. Wabasha), Minn. election to be held Bond Offering ' ' County (B. O. Elizabeth* town), N. Y. 7;: Denom; $l,000irone for $500;' These bonds are due Dee. 15, . sale awarded to J. M. Dain & Co., Minneapolis, Essex 23,500 street improvement bonds. Broadus, 'Mont. Iukd, Miss. demption at the option of the Village, on certain terms, on; and after Jan. 1, 1950. Principal and interest payable at the Barber State Bank, of Vermontville. Pur¬ , maturing 1957, $8,000 Oet. as 2s. > Interest DatPd Ort. 1. 1946. 1, -1953 to payable A-O. - at est bidder Co., for 100.105; was WoOd, Struthers: 8t $168,000) at a price 1946.' Due same ■ for all of the .bonds. Prin¬ of cipal and interest payable at the above named bank. The approving : ,*l j'i fp M (•/, ' I L I < , t" • 1,1 11 ; Volume 164 • I bonds ^ ; • bonds bids , 2 to receive will Clerk, until • Sale-vThe Bond ■ / bonds $6,500 offered for sale on 164, p. 1954 to tin 2454—were awarded 1977. ;/' j" to the Marine Trust Co., of Bufifalo. ; Dated Nov. 1, 1946. These / bonds are due $1,300 from Feb. ■/; i, 1943 to 1952. The next highest; 1956; Rate Bank, These bonds was of interest Central ; Va Hey. be valid and will & '■ ■ ,t"; _.v stated ... •" Washburn be by George F. — It is Schlesinger, -• v the totaling $400,000 proved Sept. 30: . were the' election at improvement; $75,000 street provement;; $50,000 sewer provement, and;' $30,000 fire tion and equipment bonds. / boro, and J. Lee Peeler & Co.; of Heights (Bed¬ before noon Dec. 21, and should contain a de¬ scription of the bonds by issue number and bond number, and bonds so tendered must be ready for delivery not later than 10 days City Hall, im¬ sta¬ ; / Maple Ohio),; ford, Washington, N. C. / Bonds Voted? --r. Am issue of law-, at New York; Uni- Durham,-jointly, at a net- interest cost of 2;34%—^v. 164, p. 2742— yersity Law School and was adwere sold at a-price of par, as /i/7 mitted to the bar in 1915; His as¬ * u ' " ' sociation with Judge Dillon, start¬ follows: ing with the firm of Dillon & $48,000; water and sewer bondsi For $30,000 maturing $2,000 / ...Hubbard, continued with the suc; ; April 1, 1949 to 1963, as 2s, ; cessor firms of Dillon, Thomson /■/'and $18,000 maturing $2,000 //:■/;& Clay, and John C. Thomson. f April 1, 1964 to 1972, as-lVzS. 7/ He later became a partner in the /Interest payable A-O. ; / firip of Thomson,; Wood & Hoff■,,1.1. man and its present-day succes¬ 39,000 refunding water hnd sewer bonds. For $12,000 maturing sor/Wood, Hoffman, King & ! April. 1, 1973, as i^s,: and Dawson.' .$27,000 - maturing April 1, Philmont, N. Y. $12,000 in 1974, and $15,000 I Bond .Sale—The $19,000 public in 1975^ as; 3V4S. Interest pay¬ playground bonds offered for '// studied i or on New Boston* 1 Sale Bond orably voted at the election held Aug, 20. on, NORTH DAKOTA Bismarck, N. Dak. - sealed , 10, • bids for until fire to the 2 p.m. purchase fighting bear about of of $50,000 equipment „ Exempted Village Offering Ohio, C. — F. Holli- Nov. on A 5. check for $10,000, certified payable to the Board of Education, must accom¬ pany the bid. OKLAHOMA / , ' O. Altus), Jackson County (P. Okla. Bond Postponed Offering , — Ohio The — 1.935%. Fox, Reusch & bonds, Co.,; for 2s, at a price of 100,09,. . . not An issue of $1,* Bonds Sold Dated 1946. Denomination Dec. on March 1 G. T. Vaughan, County Attorney, states that the offering of the Aug.. 1, $1,000. These bonds are due Nov. 1, in 1954 to 1957. The next highest bidder was Myron H, At¬ kinson, City Auditor, will receive -7- * on day, Clerk of the^ Board of Edu¬ cation, will receive sealed bids until noon on Dec. 16, for the . Bond Offering 3007 $14,000 re¬ $300,000 county hospital bonds funding limited tax bonds offered has been postponed from Dec. 3 to for sale on Nov. 30—v. <164, p: Dec., 17.//,/ ■ 2742—were awarded to Assel, Oklahoma A, and M. Colleges Kreimer & Co., of Cincinnati, as (P. O. Oklahoma City), Okla. 2s, at a price of 100.55, a net basis and water system bonds was fav¬ v". # , ^ School Districti Bond thereafter. $400,000 electric generating; plant ' / West Carrollton election Code. Tenders will be received at the t im¬ // •' :• * ' oh $100,000 park and rec¬ facilities; $145,000 water reational General Ohio the ap¬ held // purchase of $400,000 2% building bonds. Dated Dec. 16, 1946. De-. nomination^ $1,000, These bonds are due $8,000 April and; $9,000 Oct. 1, 1948 to 1961, and $9,000 of such refunding bonds at a price April and Oct. 1, 1962 to 1970i of not exceeding the face value Bidders may bid for a different, thereof. To the extent of the funds rate of interest in a multiple of available, the city will accept y4 of 1%. The approving opinion bonds so tendered at the lowest, to be at purchaser's expense. In^ offering Mce in accordance with terest payable A-O. These are the said pb md; Section 2293-5p of bonds authorized at the< general; '*' -v;, ThomasvilleN. :C'+-: •'; U Bonds Voted? —• The following bonds \H •.' i'; due $5,000 and clusive. of the Sinking Fund Commission, that pursuant to the York New of furnished wh .,•»«» e and Sept, 1 from 1948 to 1957 in¬ Secretary ■; . „ >' - / the office of Judge John F. Dil- 1949 1, ;;i Tenders Invited Bond $1,000 to 1973, Due City, purchaser. $5,600 certified check/ payable to the State Treasurer,' must ac¬ company the bid, /: / Noted Municipal Attorney / Ion, at. the; age; of about 14. He June ' • A ■ // from inch. will ion of Hawkins, Delafield & Wood,, of New York City, will be Dies furnished to the purchas er1 with¬ —John ■> H. Hoffman; partner in' out cost. A certified check for 2% //// the firm of Wood, Hoffman,-King of the amount of bonds bid for, & Dawson, well-known municipal payable to the Town, is required. /:./ bond attorneys* passed away on '-5 -1 I t : J ' ■' V": ; Nov. 27, at, the age of 56 years. i / // NORTH CAROLINA //.// Mr. Hoffman spent almost his en-. ;'?«! f *Burlington, N. • C&SvJ •>. V t- ■//tire life in municipal bond exam-, /' Bond Sale Details-^-The $87,000 !///;/Ination work, having started his bonds awarded on Nov. 19, to the legal career as an office boy in Vance Securities Corp., of Greens¬ / ;; Ohioi plan for the city's debt readjust¬ ment, notice is- given that more Dated Dee; 1, 1946./ Principal and than $5,000, to-wit: Approximate¬ interest payable in New York ly $25,000 is available, in the :City. A separate bid' for each is¬ Sinking Fund applicable to the sue (not less than par and ac¬ payment of refunding bonds dated crued interest h is required. The as of Jan. 1, 1937,. and the city approving opinion of Heed, Hoyt hereby asks for sealed tenders legally binding general obligations Tilney & Co., of New of the" Town; The approving opin¬ / York.' ' 1 y V'/-V/:,'> /••; ;/> /,',//k. -Vp'-/* New York,, N. Y. /; /•"// 5 bonds. Maple, Heights (P. Oi Bedford), payable J-D. Denomination $1,000. - bidder .1*. I \ Interest rate is not to exceed 6%, in tional " sewer ; ; multiples of 14 of ,1%, Principal and interest (J-D) pay¬ able at. the Central Valley Na¬ be and 25,000 j >:'/v/, $2,000 in 1947; to 1953, and $3,000 garage Nov*. 27. to —v., "Hi *1 1947 $10,000 in 1962 to $12,000 in 1968 to 1961, 1967, Dec. on p.m. were -•//' *•**!icville),. N. Y*7 Town sealed 12, for the purchase of $23,000 originally park improvement, coupon or reg¬ offered for sale on Dec. 3—-v. 164, istered bonds, to bear not exceed¬ '2875—but were not awarded.) ing 4%, interest,. Dated Dec. 1, ,1940. Denomination $1,000. These Malta (P. Oi R. Dt No. 1, Mechan« bonds are due Dec. 1, as follows: (These (. , Fitch, bid for, payable to District, is required;/ /• the Fire Ut check for 1% of the bondsTtid for, on Dec. 20 for the purchase of payable to the Clerk-Treasurer, is $200,000 not to exceed 6% inter¬ est building bonds, dated Jan. 15,' required. '•,'/ V" ^ Due-on Woodbury (P. O* Highland* Mills), $255,000 water bonds, June 1, as follows: $5,000 in -i. New York ^1949 to 1956, $7,000 in 1957 ti Bond; Offering!— Clarence E. , out cost. A certified check for -2% the *<t" ".»n» I <1 «• . : o >of i , [THE COMMERCIAL A FINANCIAL CHRONICLE opinion of. Hawkins, Delafield ../Wood, of New York City, will be furnished to the purchaser with¬ : ..J • Number 4549 /'/ ■ . l3/4% building revenue purchased recently by a syndicate composed of the Lee * i Higginson Corp,, Barcus, Kindred ■i & Co., both of Chicago, R. J. Ed¬ wards, Inc., of Oklahoma City, 4 Whiting, Weeks & Stubbs, of Boston, Boettcher & Co., of Den- I ver, and C. Edgar Honnold, of « Oklahoma City. Dated Aug, 1, V 1946. Denomiantion $1,000. These .* bonds are due Dec. 1, as follows: 500,000 bonds was ■ exceeding 2J/£% in¬ Plymouth Local Sch. Dist., Ohio Dec. ? 1, 1946. De¬ able A-O. Bond Offering Postponed — f ?vsalo_on Nov. 2%—v. 164, p. 2741 nomination $1,000. These bonds Dated Oct. 1, 1946. Denomination It were awarded to the Marine Trust has been officially reported are due Dec.. 1, as follows: $6,000 ; , Co., of Buffalo, as l^s, at a price $1,000. The next highest bidders in 1948 to 1954, and $8,000 in 1955. that the sale of the $50,000 build¬ Breed & Harrison, and of 100.226, a basis of about 1.455%. were ing bonds has been postponed Rate of interest to be in multiples Provident Savings Bank & Trust from Dec. 10, to Dec. 12. Legality ./;/<; Dated Dec. 1, 1946. Denomination of % or one-tenth of 1%. Prin¬ Co., Cincinnati,: jointly, for $48,to be approved by Squire, Sanders $1,000. These bonds are due on cipal and interest payable (J-D) $110,000 in 1947, $115,000 in 1948, 000 2V2%, and $39,000 2Y4S, at a ^ & Dempsey, of Cleveland. Dec. 1, $2,000 in 1947 to 1955, and at any suitable bank or trust $130,000 in 1949 and 1950, $135,price of 100.006, a net interest $1,000 in 1956; Interest payable 000 in 1951, $140,000 in 1952 to company designated by the pur¬ Ravenna, Ohio * J-D. The next highest bidder was cost of 2.345%. chaser. The approving opinion of Bonds Sold It is stated by 1954, $145,000 in 1955 and 1956, Tilney & Co., for iy>s, at a price Concord, N. C, Dorsey, Colman, Barker, Scott the City Auditor that the $20,000 and $170,000 in 1957. Principal . ; terest. Dated • — - - jtg0J8i2.;/iV \ Price- Paid—It is now officially Port of New York Authority, N: Y. stated that the folowing-bonds ag¬ /; New Book Traces History gregating $65,000, awarded on ., -■ v / ; •Julius Cohen, Henry for many general counsel of the above Authority, has written a book en¬ titled /'They Builded Better Than Nov, 19 to the First v years Corp. of Durham, at ... : cost of about a Barberv of Minneapolis, will be $.1,000 must certified check the accompany fire equipment bonds approved by the voters on Nov. 5, have been for bid. purchased by the City Bond Re¬ tirement. net interest 164, p. OHIO sold to the said firm . .{•' Fund. , /' Scipio Township (Pi O. Republic), 0.994%—v. payable at the Harris Savipgs Bank, Chicago, at the State Treasurer's office. and interest Trust or , Bond Offerings-Viva L. George, Clerk of the of Board Trustees, will receive sealed bids until noon & Legality approved by Chapman & Cutler, of Chicago. / Okmulgee County (Pi Okmulgee), Okla. 0/;/:///,",.J Ohio ■;;•///:;;/ Canfield, Ohio ' Bond Offering—James B. Jones, Village Clerk, will receive sealed bids until noon on Dec. 21, for the purchase of $25,000 water im¬ . 2742—were A Securities .They Knew," which has just been at Is, at a price of 100.02: / published by Julian Messner, Inc., $35,000 equipment bonds/, Due from May 1, 1948 to 1957, incl. New York. It makes enjoyable • & furnished. / O* / Sale Bond county The — $425,000 school improve¬ separate Dec. 10, for the purchase of ment bonds offered for sale at reading and 30,000 street bonds. Due from provement and extension bonds, $6,000" 3% fire .station bonds. auction recently, were awarded May 1, 1948 to 1954; incl.. considerable in¬ not exceeding 6% interest. Dated Dated Dec. 15,1946. Denomination, to Halsey, Stuart & Co., and the* terest circles, * although Runner-up in the bidding was Jan. 1, 1947. Denom. $1,000. These $500. These bonds are due $500; Ranson-Davidson Co., jointly, at ' St, does not.deal with the Author/ Scott, Horner & Mason, with a bonds are due Dec. 1, as follows: June and Dec. 15, 1947 to 1952. a price of 100.038, a net interest ity's financing, * it does introduce net interest cost.of about 1.197%, $2,000 in 1948 to 1952, and: $3,000 Bidders may bid for a different cost of about 2.065%, as' follows: / persons-and events familiar to all bidding 100.27 for all l%s, while in 1953 to 1957. Rate of interest to rate of interest in multiples of y4 $350,000 maturing $25,000 Dec. ;/ 5 those who deal in securities. Of third best was an offer by Mcbe in multiples of y4 of 1%, These of 1%. These bonds were author¬ 16, 1950 to 1963, as 2s, and $75,000 particular ; interest to, municipal Daniel Le\yiS"& Co., of 100.07 for bonds were authorized at the ized at the general election held maturing $25,000 Dec. 16, 1964 to bond men is his story of the fight all iy4s; a. net interest cost of election held on Nov. 5. Enclose a on Npy. 5. Enclose a certified 1966, as 2;V4s. Dated Dec. 16, 1946. •' for tax-exemption • through the about 1.234%'. certified check for $250, payable check: for $500, payable to the The next highest bidder was Evan highest /courts in the land, Mr; Board of Trustees, Henderson Covnty and: Henderson- to the Village,/1 /,./( L, Davis, R. J. Edwards, Inc., and :■"// Cohen's book will, we feel sure, v and informative should on : arousein bond ■ ' . - - .. , provide for a many villa- Graded Sch. Dist. ' splendid .opportunity to become (P. O. ' Hendersonville), N. C. better, ac¬ ir . B°nds Calledr^It is stated by quainted with some, of the people made-possible the tremendous D.~. G. Wilkie, Chairman1 of' the developments now accepted by the County Board of Commissioners, that the following bonds: are users of these facilities as com¬ called for payment on Jan. 1 at monplace conveniences. : i 7/y par with interest, at the Chemical Rochester (P. O. Accord), N. Y. Bank & Trust Co., New York City. Bond Sale—The $15,000 coupon Henderson Co., Refunding, 1940, or registered highway equipment Nos. 147 through 169, 173 through bonds offered for sale on Dec. % 185, optional; Jan. 1, 1942; 186 \—v.. 164, p. 2878—were awarded through 190 for $1,000 each; Nos^ to the State of New York National 191 through 193,; and 195 for $500 Bank, \ of .Kingston, as l^'s, acr each, 196 through 199, 203 through cording to the-Town Supervisor, 213,, 216, 219 through 220, and 224 /Dated .Oct, 15, 1946. Due $3,000 through 227' for $1,000 each/ op¬ on Oct 15, in; 1947 to 1951, incl. tional July 1, 1942, aggregating Ox-. -Vestal (P. O. Vestal), N. Y. / V $65,000. x Bonds Not. Sold—It is stated by ; Henderson Graded Sch. Dist., Who Clerk that the $31,500 a bid of 100.33 for IV2& Dated Dec. 1, 1946. Due Co., of Endicott $6,300 on, Dec. 1, in 1947 to 1951, incl. Principal and interest (J-D) payable at the Endicott National Bank, Endicott. - , rSalisbury, N. C. lage Council has passed an ordi¬ calling for the issuance of the $4,500 sanitary sewer and wafer line construction bonds, to nance bear be received until 11 hot " These exceeding 5% interest. ■ bonds; are due in 25 Concord years. Township School District O. Hillsboro),;.Ohio Heights Sch. Dist., Ohio /Bond Offering — J. W. Main, Clerk-Treasurer of of about authorized were election held on Nov. at a interest net cost 2.068%, Board of the receive sealed bids until Dec. 30, for the pur¬ chase of $200,000 ; construction bonds/ Dated Jan. 1, 1947. These PENNSYLVANIA will Education, bonds Associates at/the East Deer Township (P. O. will 5. Pa. Creighton), Bond be Offering — received / Sealed bids until 8 p.m. bids in 1948 to election a.m. to ; Bond/Offering —Sealed will Vil¬ Shaker ination $1,000. Dated Dec. 1, 1946. Due on Dec. 1, as follows: $2,000 1940, Refunding, Nos, 12 through 18, for $1,000 each, optional Jan. 1, 1944, aggregating $7,000,. ; ; j (EST), on Dec. 9, by Charles L. D. Jacques, Township Secretary, Shanesville,' Ohio //./ Bond Sale—The $10,000 water for the purhcase of $30,000 cou¬ works system bonds offered for pon general obligation bonds. sale on Dec. 2—v» 164, p. 2743— Bidders to name a single rate of were awarded to J. A. White & interest in a multiple of V4 of 1%. Co., of Cincinnati. Dated July 1, Registerable as to principal. No 1946. Denom. $1,000. These bonds bid for less than, par and accrued are due $1,000 from 1948 to 1957, interest or for less than all of the inclusive. The next highest bidder bonds will be accepted. The pur¬ was Citizens-State Bank, Stras- chaser will receive without charge the approving opinion of Burgwin burg. / ,/ /••/ /•■,/,.'/' & Churchill of Pittsburgh. A $600 Vermilion-On-The-Lake, Ohio certified check, payable to the Bond Election An issue of Township Treasurer, must accom¬ $4,000: fire department bonds will pany the bid. ;/ / • be submitted to the voters at the , registered- sidewalk bonds offered on * Nov,26—v« .164, p. 2741— -were-, not sold, as the following •bids were rejected: Tilney & CO;, of New York, an offer of 100.04 for 1 40s, and the Endicott Trust -/ Bonds Authorized —The r V (EST), on Dec.. 10, by W. E Easterling, Secretary of the Local Government' Commission, at his office in Raleigh, for the purchase of the following coupon bonds ag¬ gregating $280,000: (P. / Bond Election An — issue , of $10,000 construction bonds will be submitted to the voters election to be held on - Bond . will Offering -r- receiyed be until Dec. on by 17, the at Dec. 10, Lime City Local Sch. Dist. Lime City), Ohio - •the Town Chardon, Ohio : ; (P. O. ; Sealed Lewis Clerk-Treasurer of the bids 7:30 p.m. Davis, Board of Education, for the purchase of $65,000 2% school bonds. Denom¬ 1951, and $3,000 in 1952 may bid for a different interest rate in multiples of y4 of 1 %. Principal and interest 1970. (J-D) the bids and ■ — to be held on Dec. 10. Bidders payable above are h to 8"orued at the office Clerk-Treasurer. of No be for less than oar interest. A certified Washington Sch. Dist. Township (P. O. Local R. F. D. Alliance), Ohio Bond Offering—F. M. Sutton, Clerk of the Board of Education, will receive sealed bids until noon No. 1, Kenny Township (P. O. Cora' opclis), Pa. ; / Bond Election — An issue of $80,000 fire house and town hall bonds will be submitted to the voters at the election to be held on Dec. 20. v l 3008 THE COMMERCIAL & FINANCIAL CHRONICLE Denton dakota south County (P. O. Denton), jCounty (P. O. Wessington Springs), S. Dak. ter, District Secretary, will receive sealed bids until Jan. 11, for the Offering road unlimited tax A. J. Aisen- — bonds offered for sale on Dec. 2—v. brev, County Auditor, will receive —were 164, p. 2880 ' ' made be provided forms on for will be consid¬ only from persons who have that purpose and ered received such Invita¬ and only if accordance with the Prospectus in' Anade of copies and tion the certified A for invitation lic of the pub¬ proposals for purchase of the bonds and of the "prospectus relating to such bonds may be obtained at the of¬ the of fice The Commission. the sion, will be furnished without charge td the* successful bidder. Ridgway, Pa. Bond Offering will Secretary, Borough until bids sealed G. F. Greiner, — 7 receive Dec. on p.m. i1 V-v Voted Bonds of the amount 2% the of bonds face Harriman, a — improvement price of Davidson & Bond will Offering be (EST), of chase — bids 8 p.m Dec. 12, for the pur¬ $38,000 coupon school of interest to in a accrued si d Dated 1* d. e r e Denomination Dec. 1, 1946. Due on Dec. in 1947, and $4,000 in 1956, incl. The purchaser to will . $1,000. $2,000 1948 receive without charge the approving opinion of Burgwin & Churchill of Pittsburgh, A cer¬ tified check for $760, payable to the District, must accompany the bid. * . Upper Darby Township (P. O. Upper Darby), Pa. Sale Bond — The $300,000 im¬ provement and equipment bonds offered for sale on Dec, 3—v. 164, 2743—were awarded to Drexel Co., of Philadelphia, and Schmidt, Poole & Co., of Pitts¬ burgh, jointly, as iy4s, at a price of 100.768, a basis of. about p. & 1.1103%. Dated Dec. 1, 1946. bonds are Denom. $1,000. These due $30,000 from Dec. I, 1947 to 1956, inclusive. The next highest bidder for 1*4% bonds, was Halsay, Stuart & Co., for 100.487. . Dated $250,000 school v. 164, p. on Dec. 2— 2599—were awarded to the j and $4,000 in 1954 A 33,000 - 2%% 1953. Corp., Bank 1956, follows: hall city Due Dec. $4,000 and and in $5,000 fire 1, 1955 in as and 1957 to York. and improvement bonds Bond Sale >— High Peabody The Bond to 164, p. Oct. Trust Craigie & Co., of Richmond, price of 100.137, a net interest cost of 1.637%, as follows: For $150,000 maturing $15,000 Dec. 1, 1947 to 1956, as l%s, and $100,000 maturing $20,000 Dec. 1, 1957 to 1961, as l3/4s. Interest payable ^J-D). Dated Nov. 1,1946. Denom. $1,000. The next highest bidder at a was R. S. Dickson & Co., for $250,000 l%s, at a price of 100.133, net interest cost,of 1.734%.; # 2, at 1963 to 1965. Runner-up was the the bonds ac¬ a held on certified value of on Offering — held 11 . Avenue, West,. District No. 5582 bond, No. 7. 000 in ^-TEXA8!;:^|;||| : Cherokee County Road District >, No.v2 (P. O. Rusk), Texas Bond Sale Details — The $100,- to /. 000 in 1971. 1970, and Nov. 26: sewer revenue; Nov. follows: $32,000 maturing Dec. 15, $2,000 in 1947 to 1952, $4,000 1957, as 2s, and $68,000 maturing Dec. 15, $4,000 in 1958 and 1959, and $5,000 in 1960 to in 1953 to in | $50,000 park improvement, and $125,000 public building bonds. These bonds are . more than 30 years. and 186; District No. 4021 bonds, No.. 121; District No-. 4255 bonds, Nos.. 135 and 137; District No. 3402: " bonds, Nos. 672 to 677. Yakima County, Selah Sch. Dist*. (P. O. Yakima), Wash. Election Bond : — An issue of" — R. Wisconsin Allouez (P. O. Green Bay, R. F. D. No. Bond Offering 6), Wis. Sealed — J. Rome, 17, for the purchase of $75',— coupon Storm Sewer Dis-^ trict bonds. Denomination $1,000./ Dec. 000 3% 1947, Due on Jan. 1, $3,000 in 1948 and 1949,.. $4,000 in 1950 to 1952, $5,000 in 1953 to 1957, $6,000, 1958 to 1960, follows: $7,000 in 1961 and 1962. These are payable by a direct,, non-repealable annual tax levied upon all taxable property in the- and bonds Storm Sewer District of the Town- Both principal and interest (J-J)3 Treasurer's:; payable at the Town office. Orienta (P. 000 road Washburn), O. Bonds Voted — Port J. W. Morrow, County Judge, will receive sealed bids untiL Dec. 16, for the pur¬ chase of $120,000 county on hospital ♦ construction bonds car* rially over a period of time not exceeding 30 years. ^ r Nov. virginia 5.:r; Bond Richmond, Va. ler, City Comptroller, will receive sealed bids until noon on Dec. 18, bonds was .//Ax/v,!. — Roy H. Mat-* Clerk, will receive Offering County sealed Bond Offering—J. Maurice Mil¬ An issue of $20,- Trempealeau County (P. O. White*' hall), Wis. son, ■•x — construction road approved at the election held on bonds, to bear not exceeding 2V2% interest. These bonds are due se¬ Nov. 5* Wing (P. O. Washburn), WtV Bonds Voted 000 Wis* An issue of $6,-* ried at the election held on Stephens County (P. O. Breckenridge), Texas — bids: will be received until 7:30 p.m. on as bids bids until 10 a.m. on Dec. 18, for the purchase of $1,248,000 A, state trunk highway sys-^ tern improvement coupon bonds,, to bear not exceeding 5% interest*. series Dated Oct.- 1, 1946. Denomination purchase of $2,560,000 $1,000. These bonds are due April improvementcoupon or 1, as follows; $50,000 in 1953,. registered bonds, not exceeding $46,000 in 1954, and $96,000 in 19553% interest. Dated Jan. 1, 1947. to 1966. Bidders should specify the Denom. $1,000. The bonds are due rate of interest in multiples of %■ $128,000 Jan. 1, 1948 to 1967. Rate or one-tenth of 1%. Principal and' of interest to be in multiples of V4 interest payable at- the County of 1%. Principal and interest pay¬ Treasurer's office. Bonds to beable at the office of the for $15,-. the public , City Comptroller or (at the option of holder) unless the bonds be registered at the Bank Trust Co., or other fiscal agent of the City in New York City. The successful the bidders will be furnished with the opinion of Reed, Hoyt & Wash¬ 1967, $45,000 in 1968 and 1971.... trict No. 4500 bonds, Nos, 183 Dated Jan. 1, Mission, Texas Bond Call re¬ 1969, and $46,000 in 1970 and Cash is also available to apply onu the following matured bonds: Dis¬ $250,- street improvement; 950,000 street improvement, Se¬ ries 74 bonds. Due Dec. 1, as follows: $31,000 in 1947 to 1949, $32,000 in 1950, $33,000 in 1951 and 1952, $34,000 in ./ 1953 and 1954, $35,000 in 1955 and 1956, $36,000 in 1957, ; $37,000 in 1958, $38,000 in 1959 and 1960, $39,000 in 1961, $40,000 in 1962, $41,000 in 1963 and 1964, $42,000 in 1965, $43,000 in 1966, $44,000 15, to the First Texas Corp., of San Antonio, at a net interest cost of 2.393%—v. 164, p. 2744— were sold at a price of 100.49, as Avenue, South al., District No. 477a bonds, Nos. 380 and 381. v Interest ceases on date called improvement; $325,000 in 1960 to 1967, $14,000 1968 On Dec 3—42nd West,. et at the election $1,000,000 school; approved on water Nov. 9. a.m. — On Nov. 30—31st bid for, payable to the 000 1947, $10,000 in 1948 to ,1952, $11,000 in 1953 to 1956, g . H. L. Collier, City Treasurer, has announced that the following bonds were called for payment at his office: V: ' were $12,000 in 1957 to 1959, $13,- 1971, as 2y>s. Dated Dec. 15, 1946. Denomination $1,000. Interest payable J-D* a--a : y Bond Call ^A V;.,-./.' ;• Improvement Dists Wa»h.':X'-r :U.yy:11.-' $20,000 construction bonds will beb : Bonds Voted — The following submitted to the voters at the elec¬ f bonds amounting to $2,750,000, to tion to be held on Dec. 14. bear not exceeding 3J/2% interest, author¬ Sealed Dobler, Marshall, Texas } ;:. in .. Commerce, of Trenton. on election an 1945. Enclose Due Dec. 1, as follows: $9,000 r Co., - of v Memphis. Dated 1946. Due on June 1 in awarded be par $300,000 airport, Series 73 bonds, Bank & 1, bonds sold 17, by W. O. Jones, Acting City Manager, for the purchase of the following coupon general ob¬ ligation bonds aggregating $2,000,000: :•/: ! / / coupon Dec. 000 road will check for 1% of the par Feb. 2743—were awarded the Planters National than proving opinions of Reed, Hoyt & Washburn, of New York City, the Attorney-General of the Worth, Texas will be received until bonds offered for sale on Nov, 29 —v. less accrued interest Bond Offering Fort $11,000 iy4% School were ized at the election held '*■ 1 were cently. These bonds , ' for City Treasurer, has announced that all outstanding series of 1937, re¬ funding bonds of the issue num¬ bered 1 to 507, bearing interest at 4%, 4y2% and 5%,'amounting to $475,500, dated Jan. 1, 1937, in denominations of $1,000 and $500 each, maturing Jan. 1, 1937 to 1966, are called for payment on Jan. 1, 1947, at par and accrued interest at the Chase ^ National Interest Bonds Sold—The $110,000 water Bank, New York City. ceases on date called, y! - : works, sewer extension and park jointly, for $60,000 31/2s, $165,000 iv2s, and $75,000 2s, at a price of 100.027,. a net interest cos t, of 1.8095%. Tenn. bid No and , F. W. payable at the Central Han¬ Bank & Trust Co.^iNew over due in not 1961. and Mercantile-Commerce & - Trust Co., St. Louis, Trenton* Principal and inter¬ $1,000,000 X station bonds. follows: 1, 1946. Denom. $1,000. The next highest bidder was the Equitable Securities Lancaster Bond Sale—The est issue and like be used City. V,; and drainage bonds. Due Dec. ; 164, Dec. Bank of bonds offered for sale in all series. municipal land acquisi¬ Dated Dec. 1, 1946. Denomination $16,000 matur$1,000. Principal and interest ing $2,000 Dec. 1, 1947 to 1954, (J-D) payable at the Jackson as 2s, and $34,00.0 maturing County State Bank, Edna. All of Dec. 1, $2,000 in 1955 and said bonds were authorized at the 1956, and $3,000 in 1957 to election held on Nov. 16. The 1966, as 13/4s. revenue bonds will constitute 50,000 city market and parking legal and binding special obliga¬ area bonds. For $104,000 ma¬ tions ;■ of the City. All of said turing $13,000 Dec. 1, 1947 to bonds are approved as to legality 1954, as 2s, and $146,000 ma¬ by Gibson, Gibson & Boothman, turing Dec. 1, $13,000 in 1955 of Austin. and 1956, and $12,000 in. 1957 to 1966, as l%s. Floydada, Texas south carolina County (P. O. Lan¬ caster), s. c. 1961. 1, as follows: $1,000 in 1947 to 1950, $2,000 in 1951, $3,000 in v less or used per thorized 4,000 2%% street improvement and drainage bonds. Due Dec. awarded 'to in like years must tion bonds. For con- interest were be $250,000 par for than all of the bonds will be~ — bonds. 13,000 2V2% street improvement 1 A $300,000 bonds cost of 1.7918%, as a xk of l%..No bid for less than and 2600 Local and works water revenue 1959 to a Dec. 3—v. (•.y K:.. Seattle Due $4,000 in 1950 . First National Bank, of Memphis, at a price of 100.011, a net interest single multiple of name Co., at called. shall R. agency of the State in New York City. Interest shall cease on date- not more than three interest rates State, will be furnished by the City at its expense. Delivery of bonds will be at the purchaser's expense. These bonds were au¬ 1, as "follows: $5,000 in 1954 and 1955, $6,000 in 1956 to 1958, and $7,000 in 1952, on follows: $3,000 as Dec. , 100.82. offered for sale 23/4% sewer for and 1952, and $5,000 in 1953. 49,000 Kingsport, Tenn. p. Sealed until received on bonds/ Bidders rate (P. O. 1, in 1947 to 1949, to tional was water works system revenue bonds. Due Dec. Nov. 29—v. 164, p. 2955 ! awarded to the First Na¬ bidder 2V2% sewer Call—Charles ceed Lithographed bonds with proper interest coupons attached, and ap¬ $26,000 Bank, of Harriman, at a price of 101.00. Dated Nov. 1, 1946. These bonds are due on Nov. 1, in 1947 to 1966. The next'highest Bond City Treasurer, calls for payment on Dec. 1, the entire issue of 4% semi-annual special water revenue of 1936 bonds amounting to $910,000. Dated Dec. 1, 1936. Holders of said bonds should present same for payment at either the City Treas¬ urer's office, or .at the fiscal! cepted. Bids must be for all bonds. on were $1,000, Dated Dec. 1, 1946. Interest rate is'not# to ex¬ 4%, payable J-D. Rate is to be in multiples of V\ of 1%, and .4, 't Everett, Wash. ■ and composed : of syndicate, a Rauscher, Tenn. offered follows: $16,000 in 1947 1948, $17,000 in. 1949 to 1951, $18,000 in 1952 and 1953, $19000 in 1954 to 1959, $20,000 in 1960 to 1962, $21,000 in 1963, $22,000 in 1964 and 1965, $23,000 in 1966 to 1968, $24,000 in 1969 and 1970, and •$25,000 in 1971. Denomination washington Dec. 1 on Pierce. & Co., R. K. Punbar & Co., and Russ & Co., all of San Antonio: by The $43,000 street bonds following — $125,000 were pur¬ chased recently at a price of par, date on The Sold Bonds called...<•);. X vi •v? a is required Township Sch, Dist. Carnegie), Pa. cease p-."'. bonds totaling water revenue bonds, Nos. 241, are Called for payment on Jan. 1, at par and accrued in¬ terest. Dated July 1, 1946. These bonds are due July 1, 1958 and Bond Sale—The Scott ^ bonds.' Due rates Edna, Texas •/ 222 to Interest shall 2332—were p. payable M-S. 4%';% bid. with of City Recorder-Treasurer, has an¬ nounced that the above City's 1959. 164, 21i—v. Nov. . and LiveBuilding, Se¬ Exhibit ries 77 as ing obligations of the City. The bonds will be ready for delivery at the place designated by the pur¬ chaser, in New York City, or at the option of the purchaser at the City Comptroller's office on Jan^" 9, 1947, or as soon after that as the bonds can be prepared for de* livery. Enclose a certified check for 1V2% of the amount bid for. Agricultural stock XI — purchased by James C. Tucker & Co., of Austin, as 23/4s, at a price of 100.222, a basis of about 2.73%. Dated Se^t. 15, 1946. Due on Sept, 15 in 1951 to 1970, incl. Interest Elizabethton, Tenn. Bond Call —- R. B. Moreland, sale for revenue :; f aAvSa- tennessee nomination $500. These bonds are due Oct. 1, as follows: $3,000 in 1947, $2,000 in 1948 to 1951, $3,000 in 1952, $2,000 in 1953, $3,000 in 1954, $2,000 in 1955, $3,000 in 1956, $2,000 in 1957, $3,000 in 1958 to 1961, and $2,000 in 1962. A cer¬ - f issue An — Nov. 12. on x Bond Sale check j $50,000 electric light system bonds was favorably voted at the elec¬ tion held 1971, incl, .500,000 The $80,000 water bonds offered for sale oh Bond Sale •V Parker, S. 11, for the purchase of $40,000 2%% general obligation coupon bonds. Dated Oct. 1, 1946. De¬ tified of the is required. urer, ■ Texas Edinburg, purchaser. for 2% ap¬ proving opinions of Masslich & Mitchell, of New York City, Townsend, Elliott & Munson, of Philadelphia, and John D. Faller, General Counsel for the Commis*' the check bid, payable to the County Treas¬ terms and conditions contained in the invitation. Copies of expense 50,000 playground and recreation park, Series 76 bonds. Due $2,000 from Dec. "1, 1947 to to be secured at and bond forms 1971. in 1970 and awarded to James, Stayart sealed bids until 1:30 p.m. on Jan. & Davis, of Dallas, as follows: purchase of $40,000 building bonds 7, for the ^purchase of $35,000 $45,000 maturing March 1, $20,000 authorized at the election held on hospital bonds, to bear not ex¬ in 1948, $25,000 in 1949, as: iy4s, Kov. 5. v ceeding 6% interest. Dated Jan. and $205,000 maturing March 1, 1947. Denomination $1,000. $25,000 in 1950 to 1956, and $30,alPennsylvania Turnpike Commission 1, These bonds are due Jan. 1, 1957, 000 in / V 1957, as l^s. Interest pay¬ (P» 0. Harrisburg), Pa. callable any time after ■ Jan. 1, able (M-S). Dated Dec. 1, 1946, Bond Offering — Thomas J. 1952. These bonds were authorized Denom. $1,000. These bonds ma¬ lEvans, Chairman of the Commis¬ at the general election held on ture on March 1, in 1948 through sion, has announced that the Com¬ Nov. 5. Principal and interest 1957. The next highest bidder was mission will receive sealed bids (J-J) payable at a suitable bank the First National Bank, Dallas, Until noon on Dec. 17, < for. the or trust company designated by for $145,000 13/4s, and $105,000 purchase of $46,000,000 revenue the purchaser; Any legal opinion iy2s. refunding bonds. Proposals must . park, Series 75 bonds, 1, as follows: $6,000 in 1947, $7,000 in 1948 to 1955, $8,000 in 1956 to 1963, $9,000 in 1964 to 1969, and $10,000 Due Dec. Bond Sale—The $250,000 county ' Bond Monday, December 9, 1946 200,000 T exas Jerauld Bond Offering—Charles W. Rit- ■ I J ' Township Milford Lower Sch. Dist. (P. O.Limeport), Pennsylvania »>; t burn, of New York City, that the ' bonds, are approved as to form by the State Highway Commission, and as to legality by the State Attorney-»■ General. These are the bonds au* thorized at the general election held on Nov., 5. A certified check principal amount of payable to the County Treasurer, must accompany the for 2% of the the bonds, valid and legally bind* bid. A T» .j) ft W « .»» is * '» ■ < - ;/