View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

«*MIM

WW-,"*****- lumraww,

MONDAY

BUS. ABM.

1S43

F£B I 6

LIBRARY

Reg. TJ. S. Pat. Office

Volume

169

Number

4777

New

York, N. Y., Monday, February 14, 1949

Price

Cents

75

Copy

a

General Corporation and Investment News
RAILROAD

Acme

..*■

Steel Company—Plans 100%

The directors
for action

at

ber

of shares

of

the

without

shares

the

the

to

present

from

1.500,000

value

par

of

of

$10

The

15,

additional

share held

each

for

about May

21,

shares

the

on

the

to

3,000,000
share.
If

stockholders

date

record

;

/n This Issue

■

-

.

*

'

i

'

*

-

value

Traer,

of-$10

valuation

share,

per

nearly

in

The

will

directors-also
the

on

of

line

V

■

_

holders

this

that/ "by
result

retaining

in

/ Stock and Bond

bringing

21,

FOR

present

the

usual

stock

Earnings

after

'

if

of

the

however,

/

of

$1

per

Chicago

War

1948

considered

Assets

the

.approved

only

prices

raw

Allied

but,

Kid

before

-Provision

the

costs.

Pinto

on

announced

3

and

to

Earnings
<

Island,

in

the

yard

it

1948

36

"reserves

for
for

$750,000),

Other

taxes/*:....;./../

270.000

(less

$481,891;

U.

$658,223;

trade

discounts .and

and

tion

Section

bad

will,

,

and

municipal

\

24

accounts

debts),

price

declines

surrender

receivable

$1,712,908;
on

value

raw

of

(less

and

surplus,

stock

Condition

'

corporation,
a

good

its

postwar
showing

chance of

Assistant

■

.

Net

Secretary
Analysts Society at

the

introduction

of

even

and

the

company during
fleets.
Besides
our

the

Net

—-

nearly

introduced

position

due

equipment, -many special and nonrecurring expenses
Opportunity for profit for 1949 seems good."—V. 169,

:

.

of

common

Cities

class

March

7.:

stock
B

No

Feb.
of

The

share

same

The

7

Leyshon .W.

March

President,
Steel

W,

46

_T

as

paid on

Aug. 5,
that

announces

Co.

it

in

qualifications

for

company

2426.

Federal

15

p.

the

for

Co.
25

cents per

the

'-

new
us.

"The

has: been

&

accepted
Feb.

7

connected

the

by

of

the

sation
son

of

share

one

each

the

American

of

record

share

on

Dec.

American
taxes

stock

Cities

as

; -

Kinney,

Lukens

Steel

capacities.—V.

Power

Co.,

to

President.

Jr.,

and

Co.

169,

p.

Jessop

485.

Inc.—Second

and''Exchange

Johpson group,

in' the

second

to

Bell
OLDEST

System

other

on

Feb.

Committee

to

solic't

distri¬

purposes.—V.

Request

"holders




of

the

is

to

have

since

applied

1945.

to

the

SEC

for

authori¬

preferred

only

group

date.

stockholders, but the Norman John¬
that has received authorization from

7"

Vy" /■/''

■

.

1,293,353

1,274,688

5,174,116

5,004,241

5,787,556

25,218,682

22,453,343

'.y.

.

mi-

to

/

'"A

'-

-

-

216,589

35,071

-

580,922

"137,201

-~i-—

■

of

subs.

POWER

5,750,930

5,752,485

24,637,760

22,316,142

5,750.930

5,752,485

24,637.760

22,216,142

&

CO.—

above).

(as

10,665

______

5,752,485

10,665

118,806

24,648,425

22,434,948

78,781

466,869

434,742

788,619

669,890

5,455,770

5,506,240

23,392.937

21.330,316

carried

to

earned

con-

surplus

dividend
or

requirements

unearned.—V.

169,

apnlicable

to

respective

periods

whether

598.

p.

168,

1899

Foundation, Inc., Buffalo, N. Y.

Teletype SU 464
IN

"hand.—V.„t169,

598.

p,

7'.yyy

American Investment

•

mon

directors

stock<of

Feb.

on

37V2

vvof record Feb. 19,

cents

""y

;

y.:'7'*7

r

,

.

'

:

;-

1949.

Co.

declared

2

per

a

quarterly

dividend

on

the

.

.

--

1, 1949, to holders
This rate remains unchanged over the previous

-

Available

qAllen

&

is

of

to

be

'Hunt

Telephone:

STREET

HAnover

2-2600

with

a

units

1,000

of

•Armstrong,
mew

shares

of

shares

of

five

subscription

price

1949,

and

plant

a

for

the

selling

located

promoter

and

of

(2)

a

the

machinery

with

4he

of

purpose

dry

at

dog

of

preferred

$100

and

unit.

No

per

conducting
meal

$'225,000

the

use

Dog

under
net

Food

under
at

-company,

a

"Dog Food

the

balance

Division

option

to

to

purchase

of

of

Mari^-

NY

of

additional

additional

An

.

under

option

to

1,500

Ann Arbor

shares

Messrs.

purchasable at $100

of
for

a

income...

oper.

Net

Net

.

ry.

company

shares

are

being

1947

1946

1945

$688,465

$464,165

$506,303

168,000

"45,417

"126,973

59,074

"22,518

49,043

-

'

"61,728

-

*'

,

from

from

the

RR.—Earnings—

December—. 1948
;Gross: from railway__„'.', $676,922
Net
from railway......
/ 171.113
ry.

of

and
Duffes, such
five-year period.

/

Gross

stock

common

Armstrong
share

per

railway....
railway..

8,914,588

7,692,424

5,962,140

6,123,270

2,036,762.

1,561,929

544,166

1,154,516

income...

906,953

617,177

99,334

564,37a

oper.

"Deficit.—V.

169,

p.

2.

St. Lonis Listed and Unlisted Securities

North 4th

1871

St., St. Louis 2, Missouri

Members
York
Louis

Stock

Stock

Chicago Stock Exch.
1-573

E.

cost

equipment, to purchase a plant at Sherburne
.from
Walter
E.
Armstrong and Kenneth S.
Duffes,
promoters,
at
$8,459, and to provide working capital estimated at $156,146.

St.

Teletype:

the

Walter

estimated

an

of

name

company

proceeds

and

Established

4, N. Y.

stock

common

Sherburne, N. Y„" the

property.
It proposes to
•stock sale (1)
to acquire the Hunt Club
•time Milling
Co., Inc., of Buffalo, now

DEPARTMENT

Bell

in

no

300

Company
YORK

and

par)

the

noncon-

Edward D.Jones & Co.

Upon Request

NEW

at

manufacturing

Club,'

owns

$260,000;

with

involved.

New

MUNICIPAL

offered

common

is

Organized Jan. 14,

now

statement

cumulative,participating,

^

stock

share

one

registration

a

6%

-

Price 97

,

filed

3

From January 1—
com-

share, payable March

CITY OF WEST PALM BEACH, FLA.

Feb.

on

par).

Net

Of IHinois-r-Dividends—

quarter,
and compares with 30 cents per share paid in the first
'quarter of 1948.
"/''■ ''

30 BROAD

UTAH

Registers

—

W-

corporation

covering 5,000 shares of
preferred stock ($100

underwriting

7-- ■>"'7

The Norman Johnson Committee expects to have an initial, represen¬
of
about '<-£5*000 shares,
of which 7,000 shares are already In

.

& COMPANY

HOUSE

27,457,584

11,387,196

'•

■

167,464

The

formally

10

will be recalled, have actively par¬
reorganization proceedings in behalf

stockholders

groups

second

Salt Lake City 1

INVESTMENT

30,392,798

5,967,519

Established 1922

160 S. Main Street

786,452

7,052,244

■

116,532

,<no

-

it

Power

preferred

two

solicit

group

SEC

Foreign

Circulars

Established

28,244,036

674,325

"•

5,761,595

business,

Commission

Johnson

3%% Decking Facilities Rev. Bonds

EDWARD L. BURTON

31,067,123

284,240

vertible

Pre¬

$100,000

on

7,346,484

189,657

taxes

The

the

tation

23,

regulated

■

Analysis

7,450.529

...

res._

interests

"

sol.

Assistant

of

post

Joseph

with

executive

Foreign

Norman

Norman

ticipated

Amalgamated Sugar Co.
New

1,887,474

public__

applic.

'5Full

preferred stock-. The Committee consists of Norman JohnChairman, and Nathaniel F. Glidden, senior partner of Glidden,
" Qor.7 y,~
*•

The

income

2,299,220

189,293

..45

...

Morris: &

373.

holders

to

v

■

573,738

income

Bal.

second

*son,

new

behind

are

1/40

of

announced

was

The "Sedulities

added

three

to

above-mentioned
of

10,676,110

573,161

r.•"

-

Expenses

SEC

has

supervisory and

authorized .<> the

1947."

the

2,755,643

?

Income

•

the class B slock received

amount

corporation

2,790,168

etc.,

'—____._45

—

'

L\

be

/

186,531
41,518,706

Total

Statement of Member Banks of

Townsend

!Mr./Townsend

finished,

distributed,/but in lieu thereof,
at- the rate of-4iy4 cents per class B

•

investment

American

wili

jinvcash

bution will facilitate the

p.

dividend

a

payable

shares

•

Last year,
the

North

held,

fractional

^payment-will be made
share.

declared

9

to

equity

Other

American Cladmetals Co.—Townsend Made Official—

Recently,
cn

323,447

44,042,453

_____;

Animal

American Cities Power & Light Co.—Stock Dividend—
directors

49,101
10,675,865

___—__11

ferred Committee Authorized to Solicit—

period

has

improved. competitive

41,332,175

With SEC—

American

luncheon meeting in Providence., that
fleet of planes is expensive and
years

43,719.006

115,522

surp.

income

earned

$8,103,271.

1949, according to
Assistant Treasurer.
He

three

11,693,723

10,625,764

equity of company

in

of

new

last

12,528,581

/

10,813,853

______

.j.....:

LIGHT

equip-/

profit in

and
a

one

13.174,694

-2,871,618

(net)

AMERICAN

.

$1,348,107),

$1;'total,

formulae,

transition
a

18,902,074

14,704,449

(net)

public,

V..'f

'

43

Federal Reserve System..:

American Airlines, Inc.—Outlook Good—

McMillen,

21,840,852

3,512,763

10,698,336

to

Portion

Combined Condition Statement of Federal

$5)*, $1,285,060; paid-in surplus, $2,143,042.;
total, $6.884,533.—V. 168, p. 641.

(par

$3,456,432;

4.362,803

and
3,204,360

divs.

/-■ nority

50

Foreign Exchange Rates.

$142,596

LIABILITIES—Notes payable to banks, $300,066:;. -accounts
payable*
$536,172;. accrued accounts, $235,388; withholding and social security
taxes, $69,127; provision for Federal and State taxes on income: (net)',

$78,051; capital

156,228,049
71.125,383

life" Insurance," $351,931;

assets,. $248,367;
property,
plant
for. depreciation and revaluation of

trade marks

$

'

i

88,839,423

7,260,872

to

Balance

Redemption Calls and Sinking Fund Notices__45

and

hides

"•

$

•'»'•

181,632,311

adjustments

*Pfd.

inventories-.(.less

skins; and

1948—12 Mos.- -1947
'•••

40,491,160

Balance

:-YyA

'

The Course of Bank Clearings...

Reserve Banks
ccst

'

'"'S

19,117,212

approp.

income

Transfer

42

State and -City Bond Offerings

$689*283

bonds—at

'

$

revenues..'.

Balance

41

Markets

General Corporation & Investment News.Cover
";

$2,70

other

reserves

good

cash

S.

ACCOUNT

3,579,954

res.

income

39

Exchange

.7

y.

~

The

increase of 22,745,-*
of last year.

an

week

5,026,761

deductions

.33

"

$1.56

...

$3,962,159;

$687,791;

"the

kwh.,,

INCOME

46,492,904

Amort.-of plant-acquisl-

_24

875.000

$401,856 '

'

subsidiaries

input of

23,983,493

____

<___

oper.

Interest

38

Stock and Bond Averages....^..-

475,000

„

"'

taxes

Gross

—38

______

Transactions New York Stock Exchange.
Transactions New York Curb Exchange

$2,039,282

reserves—

possible future

investments

before

to 258,438,000

1948—3 Mos.—1947

1

revenues

taxes

Net

__37

Exchange

Exchange

Stock Exchange—Curb

BALANCE SHEET, DEC. 31, 1948

ASSETS—Cash,
"accrued interest,

This

.

the Svstern

the corresponding

over

expenses

depletion

Miscellaneous Features

1947

$671,856

,,

$1.25

A

'

3,.<1949,

CONSOLIDATED

(

Property retirement

"

Federal

share

'

Other

36

Stock

'

^

y ;

Stock

Stock

Over-the-Counter

has

'■/•"

"

Federal

-

stands

Feb.

company amounted

kwh.y-or 9.65%

-.36

Toronto

com-1.

the

by

.y1,

•"

after reserves,.

per

J-

,

ended

";

35

J

Toronto

surplus,
government-owned
Mobile, Ala., for $652,000.

reserves.

inventory

that

Exchange

Montreal Curb Exchange.

of

Co., Boston, Mass.—Earnings—

for State and

Net income

earned

week

Operating
Operating

.35

Francisco

Montreal

Earn¬

v

Feb.

on

company

Exchange.-—

Dividends Declared and Payable..

-ment

the

this

SUBSIDIARIES—

35

Stock Exchange.

Louis

San

pre¬

suffi¬

not

were

St.

Shipbuilding Co.- -Acquires Ad-

this

to

taxes

addition

reserve

1

202.

p.

FeriQd End. Nov. 30— :

35

——

Pittsburgh Stock Exchange.

the

to

than

less

material

6 Months Ended Dec. 31—

Net

169,

34
________34

Philadelphia Stock Exchange

satisfactory

ships and tankers were produced
during the war.—V. 158, p. 452.

Profit

Co.—V.

000

Exchange—.

Stock

series

the

on

preference stock, payable

the 4Vh %

to stockholders of record March 15, 1949.
These latter
issues' offered in exchange for the shares
of The

1949,

(

29

_____——

Stock Exchange

Los Angeles

$5,260,000, or 9.5%,
this additional

increases

and

Liberty

v

declared

was
on

'

$7.58

3.6%

income,

$308,260

was

payroll

Administration

sale

shipbuilding facilities

f

1,

34

Stock

5%

of

•

dividend

quarterly

preference stock and

Finance

For
of

13

Stock Exchange

convertible
record March

the

on

holders

to

1949,

•'

25

Exchange

Detroit Stock

7,524,887

'

$7.27

increased

ditional Facilities—

■

(Stocks)

...

Cleveland

1947

$60,315,783 $55,055,762

additional

selling
in

Alabama Dry Dock &

:

1,

American Power & Light Co.—Weekly Input— y

>

Page

.

declared

was

April

.two. .classes "are

'.

..

(Bonds)

Cincinnati

1948

7,216,627 .'

Stock

Boston

and the company feels that
-products will continue to enjoy a demand that will assure a high
level of operation
during 1949."—V. 168, p. 2221.

,pany

>.

y;-..0:•

^Baltimore Stock Exchange

vJ'.Vi* V- !•

its

The

y

New York Stock Exchange

stock-*.N'

to

.".v

$2.13

•

sales

no

for

that

increase

are

fixed

—Years End. Dec.-31-^

.'2,114,357-'"

increased

in

income

net

offset

dollar

products

resulted

indicating

year,

ings,

"While

steel

sales

contrary, .the
to

.

Quotations

Stock Exchange

New York

stock

in

1949,

12,

Dec. 31,'48

taxes_<_--___l.J_._

adds:

tonnage

volume

cient

.

par

QUARTER AND CALENDAR YEARS

share!..:.........*...

per

Traer

vious

.

New York Curb Exchange

&

-V"

_J.$16,341,975

-i..;..-..

income

the

capital

dividend

March

Quar. End.

Mr.

the

investment

quarterly

payable

1949.

Period End. Dec. 31—

Net

present

,v"1

declared

Feb.

the

with

"..f

present- capital

record

EARNINGS

Sales

the

•

payable

'

more

capital assets."

share

said

*

r
...

Chairman,

'

v

dividend

quarterly

stock,

convertible

■

Ohio

is

1949.

ft

■

•

--C.- S.

•;

•

April
-

at

which

regular

1949.

T^he -first

to

per

MISCELLANEOUS

-

preference

num¬

shares

the

INSURANCE

-

stockhold¬

this recommendation^ the directors intend to
outstanding from 993,324 t-o 1,986,648

approve

share

be

be increased

the

distribute

of ohe

rate

expected to

the

to

meeting April 19," that the authorized

stock

in

INDUSTRIAL

-

Stock Distribution

approved a recommendation

common

change

number

and

8

the annual

shareholders

increase

Feb.

on

ers

shares

PUBLIC UTILITY

-

New

York

Exchange

,

Phone

-

Exchange

CEntral 7600

Chicago Bd. of Trade

Curb Exchange Associate

Bell

Teletype

SL 593

V*

headed by Halsey, Stuart & Co.
Inc. on Feb. 7 won the award of $10,665,000 2^% equip¬
ment trust certificates, series J, due $711,000 annually

1964, inclusive. The certificates were resubject to ICC authorization,

March 1, 1950 to

offered Feb. 8 by the group,

2.80%, according to maturity.
offering group were R. W.
Pressprich & Co.; A. G. Becker & Co., Inc.; Equitable
Securities Corp.; Hornblower & Weeks; Lee Higginson
Corp.; Otis & Co.; Phelps, Fenn & Co.; L. F. Rothschild
& Co.; First of Michigan Corp.; Freeman & Co.; The
Illinois Co.; Wm. E. Pollock & Co., Inc.; William Blair
& Co.; Burr & Co. Inc.; Hayden, Miller & Co.; McMaster
Hutchinson & Co.; Swiss American Corp.; Mullaney,
Wells & Co.; Schwabacher &
Co. and Edw. Lowber

Operating

Provision

Other

$38,153,385 $31,31:' .,
26,230,235
22,11- "V.
3,038,970 ' 2,760,857
1,836,790
1,701,971

______

operating
Total

Operating

$2,377,942

$943,192

9,320

:

—

Earnings
—V.

;

—$1.21/

.

496.

p.

Burroughs Adding Machine Co.—New

Nil

.

awarded on a bid of 99.37, a net interest cost of
Other bids received were: Salomon Bros. & Hutzler, 99.071

and Harriman Ripley & Co., Inc., and Lehman Brothers,
99 593 for
28/8S.
The certificates, issued under the Philadelphia Plan, are the first
instalment of a proposed issue of $19,350,000 trust certificates, series J.

The

Net

ry.

following standard-gauge railroad equipment estimated
than $21,500,000: 1,800 50-ton box cars; 1,000 50-ton
coal cars; 145 50-ton pulp wood cars; 44 passenger
train
2,000 h.p. Diesel passenger locomotives; and 12 3,000
h.p. Diesel freight locomotives.—V. 169, p. 598.
f;
provide for the
to cost not less

bottom
cars;
six

hopper

railway

from

issued to

these certificates is being

aggregate principal amount of

Net

income

oper.

From Jan. 1—

Gross

ry.

ra.lway

from

Net

185,351

*Deficit.—V.

169, p.

*247,210

the

in

order

with

the

Inc.—Earnings—

Austin, Nichols & Co.,
sales

Cost

—-

sales

of

1,878,462

1,817,704

$561,835

$436,668

$797,516

$670,180

66,656

61,661

16,906

$498,329

$814,422

$672,312

12,368

8,000

8,000

8,000

26,050

ry.

8,492

Gross

income

Net

Depreciation
Interest

___;——

for Federal

Prov.

ry.

%'

announced

the sale of the government-owned land, mining
claims,
machinery and
equipment comprising the former Basic
Magnesium, Inc., feeder plant (Plancor 201) at Gabbs, Nevada.
The
property, together with a rotary kiln and accessaries to be

plant at Baton Rouge, La.,
Refractories, Inc., Cleveland, Ohio, for

the government's alumina

transferred from

approved for sale to Basic

was

$625,000.

also

Refractories

Basic

authorized

was

erected

Gabbs,
a
government housing development
to accommodate personnel employed on the
for

project.

Basic Magnesium, Inc., wartime oper¬
ator of the entire project, is a subsidiary of Basic Refractories, Inc.
The purchaser informed WAA that the plant will be converted to
the
production of magnesia refractories and that a second rotary
kiln
may
be added later.
Production is expected to commence by
plant,

next

about

miles away.

250

July.—V.

169,

2.

p.

»1

*
$980,444
563,000

59,823

$341,790

$698,523

$0.95

360,000
$1.94

*Cost

1948

1945
$22,185,651
25,425,359
20,041,957

profit-

35,668,208

debt

237,694

153,075

160,225

114,459

1,322,596

925,048

557,250

501,872

149,741

340,867

other

tion

124,366

facil.

emerg.

tWrite-off

.

J

175,226

Net

4,439,088

Cumu.

3,464,169

579,40$

$6,1227,929

256,863

256,863

$3,824,325
256,862

doubles the efficiency and halves the cost of microfilm for
By offering this apparatus to its customers,
Burroughs not only expands its complete line of business figuring ma¬
chines
and
mechanized accounting systems service,
but also makes
which

ing,

business purposes.

many

efficient
the market today.
the

available

readily

equipment on

most

photographic

system

business

by John S. Coleman, Burroughs
Bell & Howell President, "The con¬
tract, which provides for Bell. & Howell to develop, engineer and manu¬
facture, and Burroughs to distribute and service, arose from comple¬
mentary needs of both companies.
According

This

■

ment;-."
The

-

in

H.

line

including

968,628

830,513

905,472

905,472

855,472

stk.

com.

tlncluding
during

depletion,

debentures redeemed

on

Feeder,

15

251,295,000

241,935,000

3.9

—V.

169,

Reader

a

and

consist

automatic

an

of

volume

for

Processor

&

will

Howell

continue

'in its Lincoln wood plants in
be

arranged

its

regular line

manufacture

to

all

banks

SHEET,

for

reserve

and

cost

wide
i

trained

The

between Burroughs

make and

and

for

20

the future

the

with

years,

has

as

an

and

former to

Howell

Bell &
sell

and

168,

Feb.

The

10.

tially

has

stock.

New

the

of

expenses

Sec

also

equipment

Chicago
Trusts

of

V.

the latter

exclusive of

but

Costs

automatic-renewal-privilege.—V. 169, p.

SEC

Feb.

corporation

covering

1,

of

$20,000,000

to be

Corp.—Registers With SEC
a

registration

15-year

sinking

statement

fund

The

the

with

debentures,

The

Co.

<fc

of

interest

York

New

rate,

offering

is

named

as

the

and

The

"Bank

due

terms

Dec.

proceeds

Loans

31,

the

over

next

maturing

1948,

held

41

due

1978

bonds

at

Exchange
Boston,

first

are

The

now

outstanding

A

than

year"

and
for

National

York,

168,

reduce
one

total

banks.—V.

of

were

169,

p.

bank

loans

$24,725,000

of

outstanding

at

2.

Co.—Definitive Bonds Ready—

available

New

Mass.—V.

later

to

months.

different

mortgage

Chase

Place.

used

be

several

not

by

Brockton Edison
Definitive

to

are

p.

N.

2216.




collateral

delivery

Bank

Y.,

or

of

at

in

trust

bonds,

exchange

the

City

the

State

of

3%

items

of

and

$150,000

reserve

for

Street

above

Ripley

for

company

Co.,

Service

Central

right

169,

p.

Co. of New York,

Operating

&

-

•

on

'

•

group

$8,187,832

*Based

bid

of

'

'

'

'

■

the

1,936,035
$6,881,333

share

of

dividends.—V.

stock

common

169,

weeks

ended Nov,

for preferred

107.

p.

Continental Baking Co.
Net

Other

bids,

Dec. 25,'48

of
of

goods

sold

Dec. 27,'47 Dec..28,'46

161,238,774

150,284,571

125,761,312

109,889,827 105,263,282

sales

Cost

Equipment

—

(& Subs.)—Annual Report—

Fiscal Years Ended—

selling exps.
advertising——.

delivery

82,400,675

and

both

24,970,199

1,701,623

1,360,960

2,970,899
931,467

*7 3.477,458
905,961
499,000

1,302,738
3,007,885
759,386
386,000

9,086,890

12,934,429

626,416

-46,065

13,190,445

9,713,306

12,980,494

_______

admin,

and

to

the

expenses-

650,000 '•

pension fund__

Balance

income

Total

—

—

and amort, of 3%

deb. issuance

Cr9,956

'
466,724
10,023

487,978

debs.___

Provision lor Federal income taxes

4,865,000

3,485*000

4,767,700

200,000

200,000

200,000

7.673,101

5,551,559

7,510,206

V '
8,950,758

•;

;

on'redempt.

Prem.
<#

3%

of

amortization

Annual

of

goodwill

income

Net

of

Balance

earned

surplus

at

be-

1948.—V. 169,

204.

$5.50 div. cumul. pfd. stock

on

Dividends

on

Write-off

of

25,
In

Balance
of

14,610

common

balance

1948

stock

of

goodwill

1,366,890

11,420,849

8,877,096

1,394,662
1,075,429

1,394,663
1,613,143

at
,

—

stated value of

5,869,290

1,394,663
1,613,143

Total

Increase

p.

(

16,623,859

ginning of year

Divs.

•

'462,300

expense

for

Privately—The

29,691,020

32,345,633

expenses —________

Contribution

Other

.

.-'■V 441,120

Depreciation
Advertising
General

j

12,749,325

than

other

headed

99.1811.

29,

$4.92

after providing

pfd, stk.

5,400,000

1,207,500

announces

four

$7,027,243

$4.51

stock—

outstanding

shares

average

$8,888,090
1,860,847

■

that its production for the four weeks
ended
Jan.
31,
1949 amounted to
308,343 barrels, compared with
382,063 barrels for the five weeks ended Jan. 3, 1949,
and 300,929
for

544,392

$8,817,368

_________

deductions.---

per
on

$8,343,698

629,536

income

"Earnings

Int.
a

,'____

income

income

Net

Co., Inc.
on

Bait.—
1947

1948

income

Gross

Feb. 7 offered

awarded

Inc.—Output—

Co.,

Louisville Ry.

banking

and

1947.—•

'

income

Cost
'

year

$71,238,330 $62,889,038
48,803,248
40,349,561
amortization—————
5,090,068
5,511,320
9,167,182
8,684,459

—

Other

599.
•

for

600.

revenues..

and

Depreciation
Taxes

to

this month placed privately through Moroney,
Beissner & Co., Houston, Texas, $300,000 of $100 par
value 5^% cumulative preferred stock.

barrels

$173,700

and

depreciation

on

operating

Dec.

Trust

1948

year

for

charges

Operating expenses

owner
of 77.8%
of
subscribe
for 219,196
stock is to be offered preferen¬
Maine's common and 6% preferred

Public

company

company

includes

Consolidated Gas Electric Light & Power Co. of

&

Chilcls Food Stores, Inc.—Stock Placed

The

$339,600
$3.40

$6.82

statement

of $203,900
1692.

p.

47,600
254,000

class A share

per

o.i%.—v.

Co.—Offering Manager Named—
Harriman

Colon Development Co., Ltd.—Production—

temporary
New York, 43

52,300
463,000

(net)^

series

for

2,732,600

taxes___

The certificates issued under the Philadel¬

was

$3,373,800

3,134,300

$681,800

income

168,

1947

1948

31—

Feb. 9 announced that System output of electricity
(electricity generated and purchased) for the week ended Feb. 6, 1949
amounted
to 227,000,000 kwh.,
compared with 253,200,000 kwh. for
the corresponding week of 1948, a decrease of 10.4%.
Local distribu¬
tion of electricity amounted to 218,900,000 kwh., compared with 219,200,000 kwh. for the corresponding week of last year, a decrease of

receiv¬

accounts

supplied by amendment.

net

Dec.

deductions

depletion
V.

1948

31,

$5,777,132;

Stuart & Co. Inc., 99.72; Lehman Brothers, Bear,
Schoellkopf, Hutton & Pomeroy, 99.37.
The
proceeds will be used to pay $3,850,776 for equipment now
operated under seven conditional sales agreements and to buy new
equipment expected to cost $844,500.—V. 169, p. 600.

■

maturing

issue

119,000

$558,440

-

expenses.-

NOTE—The

ex¬

were: Halsey,
Stearns & Co. and

principal

price and underwriting

119,520

$555,365
•

Net profit

2%s,

: ?•,

Dillon

Eastman,

filed

4

1964.

underwriter.
are

Loan

Feb.

on

The

the

Offered—A

and Stroud &

Beneficial Industrial
This

496.

$4,331,400

Earnings

phia plan, subject to ICC approval were priced to yield
from 1.50% to 2.95%, according to maturity.
Associated
in the offering were Drexel & Co., Union Securities Corp.

203.

p.

Sept. 30,'48 Dec. 31,'48

■

1997.

p.

Ended

Federal

by Salomon
$4,500,000 2% % equip¬
ment trust certificates, maturing annually from March 1,

to

169,

value__

and

Other

de¬

discount

unamortized

OCT.

waive its
remaining

with

169, p.
I !

Bros. & Hutzler

to

is

microfilm

Invited

Indianapolis

1950 to 1964;

of

year.

hand,

on

doubtful

England

issue.

holders

to

5.43% .—V.

or

12 Months Ended Dec. 31—

stock,

common

energy

business

Net sales

2428.

p.

company

shares

will

for

service

subsidiaries
conditions of
3,
1949,
amounted to
the corresponding week

electric
general

Consolidated Cement Corp.—Earnings—

Co., Inc., to manage
the standby underwriting of an issue of 286,496 shares of $10 par
common
stock now in registration with the SEC, it was learned on

been

already

Burroughs

164,

—V.

$39,544,335.

The

force.

service

contract

develop
run

in

18,098,164,

of

Output—

Corp.—Weekly

of

show

to

milled

Production

Total

Chicago, though foreign manufacture may

photographic.equipment.

of

output

'

or

Central Maine Power

done in
distribute
microfilm equipment through its more than 350 branch offices in the
.United States and abroad and will provide service through its world¬
at some time

increase

an

Tonnage

—V.

users.

microfilm

hour

adjusted

served
for
the
week
ended
Feb.
as compared
with 322,142,451 for

1948,

Total

Automatic

and

Recorder

a

corporation

Southern

&

kilowatt

weekly

this

payable, $2,223,634; accrued expenses, $919,460; accrued interest, $58,183; provision for Federal income and excess
profits taxes (less $4,080,000 U. S. Treasury notes, tax series, at cost),
$585,726; provision for other Federal and state taxes, $146,231; 15year 3Va%, debentures, due Aug. 1, I960, $4,348,000; 3V\%
debentures
(issue
of
1947),
due Aug. 1, 1960, $2,813,000;
5% preferred stock
($20 par value), $5,137,250;
common stock of no par value (869,332
shares fully paid and 36,140 shares partially paid), $905,476; paid-in
surplus, $6,110,639;
earned surplus,
$16,296,735;
total,
$39,544,335.

which Burroughs will distribute, will carry
will

'

Consolidated Beattie Mines Ltd.- -Earnings—

LIABILITIES—Accounts

affects Bell & Howell's manufacture and
motion picture and still camera equip¬

and

name

600.

p.

Commonwealth
The

allowances

of

'

Bell

i

6.5

5.1

The

(after

"<> Inc.

1948

6.2

Consolidated Edison
BALANCE

in

ASSETS—Cash

of

equipment,

Howell

&

1948:

1949

241,900,000

$0.57

$4.17

$6.59

$7.20

administrative

and

selling

and

preciation

1,518,091

outstad._

shs.

Earned per sh.

the

microfilm

with

comparisons

'254,182,000

377,772
755,472

dividends

Common

.

Bell

and

22

Percy,

way

no

wide

its

of

statement

Joint

a

Charles

agreement

distribution

the

to

and

President,

associated
the week
Increase over the corresponding week
the kilowatthour output totals of the past

Jan.

$605,525
170,752

dividend—

pfd.

pense

4,047,600

$6,785,189

(net)

tax.

profit

total,

production of its new microfilm recording apparatus and the initial
placed by Burroughs with Bell & Howell amounts to several
million dollars.
Burroughs will distribute and maintain this equipment
as an
added service to business throughout the world.
The Bell & Howell equipment is based upon a new principle of record¬

the
present board of
seven.' No
directors was made at the meeting.

Co.—Weekly Output—

___

Year

premium

Prov.. for inc.

two

that

237,588.000

redemp¬

of

to

agreed

(less
(Cr)__

income)
of

Amort,

was

240,178,000

101,707
268,910

funded

deductions

Other

$2,143,694

$7,665,106

$12,660,201 $11,203,911

all

of Detroit,

Co.

Machine

Adding

Burroughs

the

It

amend¬
provide

the

was

company

1946

1947

order

and

new

employment

proposed

the

of

——_.a——255,065,000

in

depr. and depl.

on

the

connection

6.5%

a

Quarter Ended—

Prov. for

in

29

Jan.

of $555,261), $5,329,177; inventories priced at the
market, $4,612,704; security investments (Celotex Ltd.,
$695,161; The South Coast Corp., $438,541; and California Mill Supply
Corp., $202,838), $1,336,540; property, plant and equipment (after re¬
serves
for
depreciation, depletion and amortization of
$10,332,815),
$21,181,275; miscellaneous investments, etc. (at cost), $622,846; patents
and patent rights
(at nominal value), $1; deferred charges, $684,662;

company

required

securi¬

252,954,000

$46,872,119 $33,090,464

41,530,140

sales

operating

stock
to

additional

Also approved

directors.-

Ended—

territory

$54,190,341

of

freight

This

to

the

5

360,000
$0.99

,

2320.

p.

sales

lower

Mich., announced on Feb. 10 that they have just arranged to cooperate
in a long-term joint manufacturing and distributing project.
Commencing immediately, Bell & Howell Co. will sell to Burroughs

will sell

the

approved

8

added

Following are
percentage

ago.

Feb.

$357,621

360,000

$1.82

Years End. Oct. 31—

Net

able

Chicago, 111.—New Contract—

Bell & Howell Co.,

showed

5

weeks

Week

of

168,

storage

subsequent

496,

p.

Feb.

year

four

360,000

$656,616

:__

share

stated.—V.

additional

net

common

Jan.

430,950

outstdg

com.

a

1945

1946
$6,351,111
567,240
1,126,723
225,450
428,200

1947
$5,349,511

prior

to

shs.

Common

used during the war to supply "feed"
magnesium at the Henderson, Nevada,

property was
conversion
to
metallic
Gabbs

The

townsite ot
during the war

'7

*

the

Electricity output of Commonwealth Edison Co.- and
companies, excluding sales to other electric utilities, for
ended

,

financing

underground

that

funds

incorporation
of

be

and

its

to

bidding.

overall

600.

p.

number

regarding

the

additional

anticipated

President.

of

the

competitive

(in)

program

authorization

for

at

Corp.—Amendments Approved—

Commonwealth Edison

<

4y*':?-

>.

step

a

remaining

169,

Cohn,

directors

169,

$2.66

-

Financing—

SEC

340,240,615

,

the

lease

to

-

,

,,

•' "

::

•

,

the

the corporation

Feb;

on

in

Is

it

the

certificate

announcement

Celotex Corp.—Annual Report—

approved

buildings,

,~

"

1,087,566

charges.

per

Interest

that it has

Feb. 2

on

'

profit,

*Not

Inc.—Purchases Gov't Plant—

Administration

Assets

'

106.

p.

—V.

__

Net

War

*1,247,216

./'

applic.

Net

sold its asphalt business, including its lease
of the pitch lake on the Island of Trinidad, to the Previte interests
of
London,
England, T.
Rieber, President, announced on Feb. 9.
Under the terms of the sale,
Barber will keep its oil storage and
terminal
facilities at Brighton, Trinidad, and its royalty
interests
in nearby properties.—V. 168, p.
2318.

The

*1,374,820

1948
$7,354,283

after

Common

has

Basic Refractories,

*1,311,226

years

Corp.—Sells Asphalt Business—

corporation

169,

sales

Net

Earns,

Barber Oil

*1,325,995

additional

and

Pictures

increaes

an

"but

as

construction

provide

Harry

the

$113,908
*69,679

Carpenter Steel Co.—Earnings—

Taxes

to $1.03 per share in 1947 and
$1 95 in 1946
based on 188,215 common shares after preferred divi¬
dends on 111,076 shares of $1.20 cumulative convertible prior prefer¬
ence stock now outstanding.—V.
168, p. 1686.

The

1,380,751
*682,G16

Fed. and State inc. taxes

$305,820

$455,372

*617,096

2,145,653
*578,395

2,408,305

income

oper.

*Deficit.—V.

equal

was

*117,181

' ■;''
1,725,325
*751,550

raihvay__

from

Net

Profit

$284,006

$355,947

profit

net

NOTE—The

*145,401

i

■

Quarter Ended Dec. 31—

350,000

325,000

180,000

240,000

taxes.

profit:

Net

26,323

20,176

——.

;

*114,814

railway—

from

'.'

Total

*105,786

income

oper.

From Jan. 1—

2,132

$628,491

.

$199,120
*46,179

railway

from

Net

Stated

1,455,482

(net).—

income

*40,704

$199,633

railway

from

Net

$2,125,662

2,140,312

exps.__

gen.

Profit
Other

Gross

Not

$2,615,220

$2,315,130

$2,702,147
Selling and

1945

1946

1948
1947
$19,196,264 $17,477,240)
16,494,117
15,162,110J

End. Dec. 31—

8 Mos.

Net

for

1945

to

debentures

new

program.—V.

with

to

ment

1946
$158,724
*84,066

1947

1948

December—

$2.98

applied

of

debentures,

stockholders

The

Vermont—Earnings—

1949

sold;

to

1.949

contract

Canadian Pacific Lines in

new

Columbia

106.

7

described

and

of

$142,593

shares.)

purchased in conjunction
with
During 1948, 1,223,000 shares of

sale

6,736,647
2,353,881
1,128,494

4,949,005
814,765

5,314,165
1,012,021
*110,477

5,879,069
1,290,136

—

incomel__

oper.

its

be

issued

were

Feb.

on

$20,000,000

involving

program.

ties

railway

from

Net

sell

is

to

gas

(

.

.

(53,574

4,276

$159,472

,

—

y

proposal

plan"

1945

$603,729
178,293
72,181.

$532,562
135,211
33,633

$600,112
104,405
2,643

$778,491
288,197
175,514

;

share

company

78,605

6,817

2681.

p.

and

The

1946

1947

1948

railway

from

84,704
1

surplus

per

$225,476

.

Columbia Gas System, Inc.—Plans

Contract—

Maine—Earnings—

Canadian Pacific Lines in
December—
Gross

faxes

39,107

$250,993

taxes

to

168,

issue
was

$264,584

64,974
A_;

income

Earnings

375.

p.

$256,870
7,713

deductions

income

Balance

—V.

Bell & Howell Co. above,—V. 169,

8,097

_

income

State

v:

,

' $307,869

—_—

1—

income

Federal

*$216,260

!

share.

per

169,

976^957

$315,967

income

income

Total

$946,558
1,162,818

$903,512

deductions

other

and

income,-..

Net

$2,387,262
1,483,750

income—

Gross

1947

$1,233,827

1,113,416

3,366

(net)-,

Net

Interest

1948

$1,421,285

electric
deductions

revenue

income

Gross

income

income

Co.—Earnings—

31—

3,844,353

—

Operating

Deif.

revenue,

operating

Other

495,500
4,173,948

taxes

taxes

Other

2'/2s;

The

—J-———

:

depreciation

for

income

Federal

See

issue

57875%.

Colorado Central Power
12 Months Ended

.

Maintenance

prices to yield 1.45% to
members of the

for

revenues

Operation

Stokes Co.
°

Monday, February 14, 1949

1947

1948

Years Ended Dec. 31—

Other

The

CHRONICLE

FINANCIAL

&

Brooklyn Union Gas Co.—Earnings—

Trusts Offered—

Atlantic Coast Line RR.—Equipment
An underwriting group

at

COMMERCIAL

THE

(698)

2

of

earned

r 7,008,553

year

Earnings

per

'

surplus at end

common

share——

$5.84

8,950,758
$3.86

5,869,290
$5.68

Volume

primarily

SHEET

BALANCE

CONSOLIDATED

Dec. 25, '48

in banks and on hand-—

U. S.

Dec.

Dec. 27, '47

$8,368,166

ASSETS—
Cash

$7,128,316

28, '46
$8,132,939

Treasury notes,

Trade

Loans

Sundry
"Plant

charges

and

1,623,196

458,331

212,039

26,126

20,546

10,198,990

10,374.351

54,746
1,040,026

59,246

135,746

1,221,956

853,710

employees.-

stocks,

mtges.,

Deferred

to

cost

at

1,932,054

394,067
30,563
9,333,831

advances

Inventories

2,162,846

receivable———

accounts
and

2,005,000

tax series C—
receivable——

accounts

Sundry

.

etc.,

at

cost

,

„

32,008,321

27,570,532

5,690,000

35,815,791

equipment

Goodwill

5,800,000

—

Total

—

10

these

type
to

product.

of

cents

cents

35

$2,546,492

$2,947,697

$2,208,173

payable
—:
Employees'
payroll
deductions for
savings bond purchases, withhold-

Creole has
barrel

per

In

reductions

made

prices

of

its

oil

of

Selling prices of the lighter crudes, which are comparable in quality
those
generally produced in the United States, have not been

affected.

points out that the changed supply-demand picture is
reductions of crude output in most of the major oilof the world, but that with a demand which is still
rising, even.though at a slower rate than formerly, and with price
adjustments that have been made, the outlook is for a healthy situa¬
tion
in
oil
with respect both
to producer and consumer.—V.
169,
about

•'

-

'

'

.

:

■

' .'

,

V'.

,

'

'

f. .'"7';

.

Chemical Corp.—Earnings—

after

Income

pension plan

——

real

Gross

Accrued

interest

est.- and

sundry

,"_Li'

payable

Dividend

payable on common
Fed.
income
and

Accrued

profits

pfd.

on

614,421

570,386

611,352

taxes

—

Dividend

10,498

stock

10,408

244,588

348,666

stock-*.—

348,666

Dec. 29, '47 Dec. 30, '46

$14,376,000

$14,335,000

960,000

1,813:000

$12,706,656

$7,580,173

411,513

274,616

650,545

Total

income

$13,118,169

$7,854,789

$1,183,726

Interest

709,000

180,000

——

sinking fund debs.,

Miscellaneous

$$5.50

reserves

cumul.

pfd.

5,654,130

324,002

295,773

15,263,000

15,612,000
67,709

Dec. 31, '45

—

60,669

25,357,500

24,150,000

24,150,000

1,000,000

1,000,000

1,000,000

value

par

surplus

7,008,553

8,950,758

5,869,290

$57,200,036 $58,633,340 $56,728,059

"After reserve

for

depreciation of $25,570,297 in

1947 and $25,337,534
par and

resented

1,075,423

by

prior

IRepresented by 253,575 shares.
shares.—V. 168, p. 2321.

Chester

the

stock,

common

The

Feb.

on

declared

'2

payable

March

previous payment was

CONSOLIDATED

SALES

dividend

a

EARNINGS

cents

of

cents per share

15

AND

10

of

holders

to

3

sales

Net

the

—

earnings

Earnings
"Net

after

per

period

in

p.

168,

Feb.

Son,
New

1946.

$1.02

Nil

1

and

1948

31.

The

Guaranty

Y.,

has

capital

Trust

Co.

been appointed

stock,

no

of

New

co-transfer

value.—V.

par

York,

168,

140

Broadway,

343.

due

be

(Including
sales

Cost

of

Selling,
and

FOR

12

MONTHS

;

—

goods

sold

ENDED

OCT.

31,

1948

Provision

administrative,

and

profit

Other

income

Total

income

__

income

income

Approp. for

for

res.

possible

Consolidated

earned

to

The

1909.

1,

local

wants

company

sell

to

INCOME

earned

inventory price

declines

surplus.

surplus, Nov.

plant

$1,730,646

non-assoc.

1947

1,087,289

960,107
1,268,981

1,381,254

311,077

preferred, stock!

471,922

revenues

Oct. 31,

.'

with

compares
The

"the
oil

10

4

to

:

90

a

stockholders

cents

share

per

dividend

.

the

of

record

of

from

Net

.

ry.

75

cents

Feb.

per

share,

1949.

21,

This

Net

822,615

each quarter during 1948.
taking the above dividend action,
the

demand

reduced

for

—

Fed.

State

and

1,860,623

1,162,600
$1.85

adjustment.—V.

and

audit

to

peak

of

barrels

652.000

daily,

in

422

reached

September,

in

the

company
said that : in the face of
increase in
demand for oil products which

Similar

efforts

effort

to

of

expand
made

"To

demands- for

important .additions

oil

winter

in

been. met.

to. stocks

75%'

gravity

type

trial power,

of

"

'

•

stock

in

but

1947

1946

heating
have

the

which

320,744

158,826

(1,095,137

With

93,017

145,666

tTo

output

postwar

at

from

present

peak,

sharp

output

the

of

end

of

petroleum

the

issued

the

at

six

in

Canada

for

Canadian

60%

a

Con>*»ereiai

and

has been

it

than

tax

companies.—V.

ended

for

Nov.

30,

$51,938,365 $41,715,871

168,

1948,

comimm

shares

60,000

With

purposes.

companies

what

in

the

Duplan

the

book
paid

the

two

value

possible

Six

these

for

Months Ended

Nov.

sales

Earns,

TO

the company acquired
stocks of the Canadian

Dup'.an

since

Nov.

30,

Net

Federal

&

income

for

accumulated

Dividends

United

States

to

Creole's

produces

to

30—

income

to

earnings
of

2,717,165

1,445,000

of

565,927

the

N.

sales

net

in the previous

$80,095,199

of

1

12

shareholders

by

last

in

plants

modernizing

end.

war's

and

■

companies which" are

and distributors of equip¬

builders

chiefly in the production,

sales-

Of

and

$5,792,103

the

other

three

still

above

the

of

as

of

Jan.

cash.

(Reg.

12,

Mr.

1949,

Mallon

"Both

low

S.

Patent

dates,

BALANCE

07

SHEET
Nov. 30/49

securities,
the

May 31,*48

$2,307,404

;

at

$2.16

$16.10

j

with

accrued

receivable

(valued

of

$1,924,812

1,232.422

1,875,081

3,642,692

3,200,646

6,448,185

5,859,174

897,816

int,_

—_

lower

714,396

approximate

market):

or

materials, work

in

and

process

supplies

fabrics

:

insurance and

taxes

501,399

:

Buildings

185,677

185,677

3,634.823

3,295,180

7,182,544

6,572,727

41,410

39,414

19,144

19,144

(net)

__

Machinery, Plant & equipment met)
Sundry investments, at cost or less—_
Refund,

portion of Canadian

Total

—

J.

profs,

exc.

taxes.

210,458

'•

$26,093,517 $23,896,709

—

.LIABILITIES—'

payable

Trade

accounts

Accrued

Fed.

within

Canadian

&

Accruod

state

Day

payable—..A.—

2,438,236

3,010,642

taxes

local

taxes

190,954

2% %

254.901

5,o"o"o~ooo

5,000,000

700,000

900,000

194,246

due 1950-1963—„A_—
serial bonds of Canadian subsidiary-—

note

cumulative pfd.

stock of Canadian svbs._!._

Minority. interest in

surplus

Co.,

982,359

income

and

surplus..

Mallon

100,000

1.075,344

1,367,629

—

payable

Earned

Mr.

300.000

1,444,774

—

other

and

wages

-V/
year——_/
compensation——..—

one

payable '

Capital

and

each

of tire

divisions,"

Heater
which

Payne Furnace Co.,

the following
.

...

Bryant

companies,

Affiliated Gas Equipment, Inc.,

by

had

gas appliances
different channels

entirely

"Common

stock

of
x

Canadian

no

par

200.000

v*4~685

1.942,462

593,921
P.

.

:.

—

200.000

subsidiaries....

value

3 "v*

—

1,184

2,821,*394

8.326,055

6.818,540

$26,093,517

.-

$23,896,709

—

whose

.

.

to say:

and

".

.

.

distribution

involves

were

for

&

acquired

$10,870,000

ence

different

entirely

he

added,

"have

The

to .such

grown

that

extent

an

Dresser

is

judged to lie

more

along the line

of

a

capital goods

in the oil and gas industry, it seemed advisable to sell the
Appliance Division when Ihe opportunity for a favorable sale occurred.
"That

pand
in

its

sales
not

permit

Office)

volume

in

with
it

to

B.

the

Mallon
o:l

the
to

"should

continued,

industry

to

divestment

However,

respect

its

presently

Gas

a
as

to

Appliance

improved

foreseeable

the payment of
earnings of the company

immediately

sufficient

extent

an

of

the company's

consider

current

William

Mr.

earnings

anticipated.,

position
of the

Dresser,"
and

requirements

somewhat

larger

this

York

should

Stock

p.

at

Nov.

30

and

776,985

shares

the

a

persons

SEC

Proceeds

A

were

is

given

the

upon

Fuel

applied to

listed

and

SEC for permission

registered

($20 par)
on

the

On

account

of

the




fluctuations

in

the

rates

of

exchange,

remittance

for

hearing on Feb.

of

the

new

March 1 to request a hearing
application.—V. 169, p. 204.

until

bond financing proposal has been sched¬
24.
:
which ; rrq to be sold at competitive
,

bonds,

be used for construction additions pnd betterments.
plan for recapitalization is now pending before the Commission.—•

169.

will

p.

601.

Company,' Publishers, '25 Park Place, New York 8, N. Y,, REctor 2-9570.
Herbert D. Seibert,
twice a week (every Thursday
(general news and advertising-issue): with a statistical issue

Dana

foreign subscriptions

of

New

Associates—Hearing Feb. 24—

company's $12,000,000

for

bidding,
V.

security

Commission

Eastern Gas &
The
uled

Exchange has

trading privileges to (he common stock

which

...

-

Editor and Publisher;.
William Dana Seibert, President; William D,. Riggs,. Business Manager;
Published
on
Monday). ; Other,
ox rices:
135 S.
La Salle St.; Chicago 3, 111.
(Telephone State 0613); 1 Drapers' Gafdehs,'- London,- E. C., England, c/o -Edwards-&• Smith. "Copyright 1949 by William B. Dana Company.
'Reentered
as
second-class matter February 25, 1942, at the post office at New York, N. Y., under the Act of March 3,
1879.
Subscriptions in United States, U. S. Possessions, Territories and Members of PanAmerican Union.
$35.00 per year; in Dominion of Canada, $38.00 per year.
Other Countries; $42.00 per year.
"•
•
NOTE:

at

1692.

Exchange.

interested

percentage

dividends than heretofore,"

unlisted

company,

before

ex¬

working capital

shares

869,874
168,

Cleveland Stock

to extend

offset

Division

by

1948.—V.

31,

(E. I.) du Pont dc Nemours & Co. (Inc.)—Listing—

problems

other Dresser companies.

is

of

•Represented
May

these companiesisell
and sale is through

sufficiently large to require the entire energy and resources of
specialized management to be concentrated on it.
Since the experi¬

a

the company has
oil. ' The
below the
level at the war's

U.

accounts

company's

earnings,

719,447

$16.61

_r

*

gas

net

446,583

$2.62

share

on'.record

government

Woven

$1,556,635

531,559
869.874

share—

common

the

of

household

heavy

Chronicle

per

transportation, refining and sup¬
accounted for $79,465,637 of the total

Dresser

Niglh Manufacturing Co.

be¬

the

the

investments, made

6,000

107^456

"

.

approved

loan,

6,000

subs—

stock—•_

comomn

common

Bonds

term

'____
Canadian

pointed out.

the

operations,

S.

Invent,

-Sales and Earnings Up—Three

Mallon, President, said in
shareholders.
This compares with

to

$12,500,000

since

from those

of

Trade

556,249

in

$2,282,153
in

;

U.

ply of petroleum and natural
net

int.

CONSOLIDATED

1.729,362

net

on

substantial

Dresser
used

stock

1,047,074
$1,670,091

outstanidng_.

ASSETS—

3.991,774

i

1947

$18,871,826

3,733,153

—

"Market.*value

3%%

spite

min.

4%

per

value

the
more

$25,157,516

taxes

_!

taxes

by

acquired

subsidiaries.

1P48
—

Canadian

preferred

on

shares

6%

make

where

is

report

$4,439,189

first

$197,881

$2,288,153

applic.

Net

1,700,183

H.

was

ACCOUNT

profit

Earns,

4,268,683

858,721

stock,

common

Duplan

1948,

wholly-owned

now

INCOME

____

before

Provision

2,666,198

$108,636,897,

'

15-year

Ten

both

the

of

2541.

p.

earnings

years

at

CONSOLIDATED

5.642,787

previous fiscal year.

ment

supply

company

price

Financial

7,131,840

of the outstanding

Land

annual

of

equipment

filled • virtually to capacity,

market

months

exchange

interest,

in

fuel oil to consumers
has dropped seme' 90 cents ner barrel, bringing about an adjustment
also in the price which refiners pay for the heavy crudes yielding
the

547,568

12,520,851

11,533,451

amount

an

Dividend

is

November

547,568

12,522,826

is the

together with the past year's increased earnings, have enabled
Dresser, it was indicated, to meet added working capital requirements

end.
Since

547,569

12,777,733
18,120,470

—

such

of

3,065,657
1,018,605

1,450,028
5,940,000

of $840,000.
The charge to earned surplus of
amount by which Duplan's cost exceeded the book value
40% interest when acquired.
The book value of the Canadian
companies is low because of
higher
depreciation
rates
allowed
in

$243,079

6,564,686

March,

by

relation
the

is

shares)

insurance

remaining 40%

Prepaid

sales

net

The

to

some
of its wells producing heavy
is about 1C0,000 barrels daily,, or 15%

production

but

5,880.000

company has invited bids for the purchase of $40,000,000 first
refunding mortgage bonds due 1979.
Such bids will be received
the company at Room 2109, 48 Wall St., New York, N. Y.
up
to 11:30 a.m. (EST) on Feb. 15.—V.
169, p. 601.

Cash

business

reduction

*6,390,203

5.820.U00

ser.

Tne

86,779

net worth rose from $30,483,846 to $37,265,772
and earned surplus from $11,533,451 to $18,120,470.

1948.

primarily -suited for the manufacture of fuels for indus¬
for generating electricity, for use by ships, and for heating

storage facilities

reduced

3,669,926

112,500,000

—

——

96,084

38,621

earnings for the fiscal year ended Oct. 31, 1948, reached $8,033.-

on

the

buildings.
-

1,392,990

by

$307,189

wa& equivalent to $7.14 per share on the 1,095,137 shares of
common-stock outstanding-and compares with $3.85 earned, per share

is 'particularly■.'concentrated.

particular

crude

of

section

oils

179,773

2,432,329

in¬

on

3%%

1945

$402,348

During the past year,

unexpectedly

followed

its

storage,

favorable

more

5,252,821

1,526,077

_______A„$69,925,364

cost

•

the

northeastern

factors

These
cause

the

:

to

industrial

of

use

••

addition

In

$7,000,000

6,326,188

3,576,452

and

This

of crude' and refined
•;Vy';
V ■'
position, consumptionduring the present winter showed a smaller percentage increase than
the percentage increases of
the three previous winters, owing to a
number of unpredictable factors.
These included a flattening out of
the rate of industrial activity, an extensive shipping strike, which out,
the demands of shipping lines for bunker fuel, and an unusually mild

products.
••

$1,109,797

Duke Power Co.—To Receive Bids for Bonds—

4.

p.

,

increased

$41,715,871

——

i.

5,120,356

banks.

Bock

$605,772

(

income.

oper.

earnings

other oil units, with 'the
result that the industry, entered the current winter with confidence
that, despite a demand which was still rising, spot shortages such as
occurred during the previous winter could be avoided.
Not only have
course

taxes

(cumul.)

Earnings

RR.—Earnings—

163,534

income—

railway

months.

limit.

were

1

300,095

3,508,966

(non-current)

stock

"Dividends

601.

p.

1948

railway

company's

the

The

war,
it exerted every
the maximum efficient

1

381,917

$7,953,818

Capital surplus
Earned surplus

$1.60

169,

$574,617

railway

169,

Net

demand-supply situation in
oil and cn
the influences on
its own
operations resulting from the
industry's success in eliminating last year's tight conditions,
the
corporation
pointed
out
Feb.
9
that
its
production
of
crude
oil
Increased from" about 500.000 barrels daily at the beginning of 1946 to
a

changes

9,877,256

1

541,008

1,162,600

outstanding

Units Sold—

large capital expenditures to enable it to maintain its
in the world market and to complete construction of the
recent

11,500,928

v.-!'.''

etc.

contracts—

Can.

payable

Raw

a

Amuay refinery.''*
Commenting on

14,841,697

(net)

taxes,

(est.)

come

Notes

Preferred

298,750

2,158.811

stock

Dresser Industries, Inc.-

for

position

1,109,456

—

$2,159,373

stock

railway.—

from

ry.

—V.

crude

large inventories of products which have already
weakening of the price structure for heavy fuels.
In
addition, consideration was given to the company's continuing require¬
ments

631,500
18,493,080

576,286

$69,925,364 $51,938,365

on

446,232

$2,503,811
345,090

—

share.-

oper.

from

Net

existing

in

resulted

353,116

23,883.977

1,174,533

et.c

231,116

From January 1—

paid

company announces that in
directors gave consideration to

and

357.563

30.870,339

———

payable,

$2,605,605

-—

.

common

from

Net

declared

of

(current)——.

$2,374,439

$3,326,426

:

_

common

per

Gross

$6,250,804

1948

Gross

Feb.

on

8,432,840

assets

equip,

liabilities

419,186

$3,092,208
234,218

—,

Detroit & Toledo Shore Line

94,805

f

March

other

payments

271,724

taxes

"Preliminary, subject

Creole Petroleum Corp.—Dividend Rate Decreased—^
directors

and

deferred

payable

subsidiaries

1,592,874

__

December---

The

194G

$2,866,643

12,269,302

portion)

—

During

1,427,534

^—i

dividends

for

31

1947

$2,972,838

the

$17,782,792 $15,285,943
4,388,903
4,829,516
4,221,299
cos.
4,970,372

;

—

shares

Earned

4,614,963

1947

1,

$6,345,609

payable

OCT.

SHEET,

Duplan Corp.—Issues Semi-Annual Report—

_

deductions

Balance

300,000

—

Total

Consolidated earned surplus,
—V. 168, p. 2682.

income

on

and

insur.,

Common

Dividends paid on

$951,716,

and 1946.

1947

BALANCE

—_____——

Advance

ACCOUNT

"1948

income

Preferred

$2,030,646

—„

$0.74

deducted
respectively,

amortization,

and

1.353,443

_

future

1948,

Total

construction.-

finance

to

———

income

Income

$3,384,089

_

taxes—

—

transferred

taxes

(current

Patents

Net

Total

Balance

Jan.

taxes—

income

Net

Net

Property,

13,874

...

Federal

solicit its pre¬

will

also

company

taxes—

operating

Gross
Provision for

the

depreciation—

and

Other

$3,370,216

(net).

31,

3,436,465

;

:

Oct.

and

$1,183,554

17,698,373

investments

Prepaid

from

increase to $10,000,000 the amount
the
company
might
incur.
The
would be issued before Jan. 1, 1954, and.would

__

for

income

State

research

sales.

on

stock

preferred

which

purchased from

Federal

Net

Net

National

approval to

revenues

gas

Other

21,253,729

—_

general and
development expense.

Federal

$28,060,409

■___

—

service,

authorized

expenses

and

Maintenance

Wholly-Owned Subsidiaries)

—

Total

the

its

increase

for

than

operating

Power

depreciation

(net)

years

Total

asked

9

to

securities

Operating

$1,037,235

$3.85

1948

refundable

the

Cummins Engine Co., Inc.—Earnings—

Net

Keeseville

the

of

Years Ended Dec. 31—
Total

CONSOLIDATED EARNINGS

director

a

CONSOLIDATED

_

$4,439,189

$7.14

35,400

$4,440,644

prior

Securities and Exchange Com¬
to solicit approval of holders of its preferred

indebtedness

for the

14,

$8,038,422

$1,467,467,

ended

years

Common

indebtedness

later

additional

to

Inventories

York,

New

agent, effective Feb.

p.

and

the application,

stockholders

unsecured

Copper Range Co., Boston, Mass.—Co-transfer Agent—
N.

the

Est.

shares.

200,000

unsecured

of

C'r41,332

Cr837,000

Cash

»

Feb.

cn

stocks

common

ferred

$20,486,835, against

was

376.

p.

amounted

Accrued

601.

p.

permission

to

Dr306,957

„

for

Accounts

corporation and

this

been

Y.,
of

Shares—

company
for

Dr45,521

share——

common

Receivables

rower & Light Co.—Plans Increase in Pre¬

According .to

169,

shows current assets of
leaving net working

1943,

$1,968,000,

of

and President and a director of R. Preseott &;
furniture in Keeseville.
On Jan. 1, last, he
term as director of the Federal Reserve Bank of

N.

|York.—V. 169,

The

(net).

years

ASSETS—

fiscal year to date exceed those' for any
corporation's history, except the 1947 period.—

President

is

three-year

mission

"1,292,874

share

for

1947

3,378.123

earlier.—V.

year

26,

Chairman and President., In commenting on
period, stated that in addition to inability to
selling prices, earnings were further adversely

in

the

Keeseville,

ferred

taxes——

working capital at Oct.

a

Dec.

ratio of approximately six-to-onc.

Preseott has

Delaware

$91,505,042

54,700

present

manufacturers
a

104,000

LIABILTOES-

Preseott

began

11,

YEARS

1948

$108,157,527

per

above,

2322.

B.

812,000

income

$0.67

elected director of
Manager of The Delaware & Hudson Co.

Bank,

loss,

$19,053,117

514,134

$0.51

Delaware & Hudson Rll. Corp.—New Director—
Roger

47,191

2,856,000

income

Notes

100,000

NOTE—Net

514,134

the

V.

share

May 29,

FISCAL

:

common

514,134
$2.14

liabilities

1948

the

^Rep¬

per

record

on

FOR

——

$342,002

of

as

cost

for

(Incl. Wisconsin Motor Corp;)
Years Ended Oct. 31—
Net

$262,000

$1.20

Hockley.

of

by

earnings

Continental Motors Corp.*—Resumes Dividend—

1949.

F.

results

Mr.

directors

$1,104,000

longshoremen's strike in November and the shortage
of available ships since the end of the strike necessitated postponement
of
a
substantial
Volume of
shipments which would otherwise have
been made in November and December.
He pointed out, however, that

as

The

for

130,232

17,960

4,460,000

taxes-

income

on

Net

1948,

interest.

State

179,983

36,247

surtax

—

and

tax

Adjustments

Earned

*

514,134

current

reflect increased

$25,550,179 in
tAfter deducting $1,501,200 U. S. Treas¬

in 1946.

ury notes at

on

sheet

and

similar

Total

and

*

433,979

—

expense

income

CONSOLIDATED

capital of $9,831,000, a

affected

$533,181

$8,665,000 $10,767,388

$617,000

—

balance

$11,799,000

the

without

normal

stated.

"Not

due

——_

—

stock,

par
value '
ICommon stock,'without

Earhed

4,397.003

347,929

14,884.000

20-year 3%

income

The

$4,271,143
deposits

guaranty

expense •

M'scellaneous

Fed,

442,000

343,000

charges

taxes

No. of capital shares
!
Earnings per share—

268,857

.

excess

taxes

Salesmen's

Net

348,666

806,572

profit

income

NOTE—Provisions

324,990

'341,894

345,740

—

1946

Other

ing and social security taxes, and
Accrued

1947

—

Refundable taxes

Dec. 26, '48

————

Profit

ACCOUNT

1948

———'—$108,636,897 $80,095,199 $54,783,188
Cost of goods sold——
79.331,541
60,033,068
44,513,768
Sell,, engin., gen. & adm. expenses
16,598,700
12,481,958
9,736,239

Canadian

Davison

3

sales

areas

497.

Sales

INCOME

Years Ended Oct. 31—

company

bringing

producing

p.

CONSOLIDATED

ranging

crude

with

The

(699)

Net

6 Months Ended—

Accounts

CHRONICLE

FINANCIAL

&

grades.

LIABILITIES—

-

that

from

$56,728,059

$57,200,036 $58,633,340

—

COMMERCIAL

THE

Number 4777

169

and advertisements must be made in New York funds.

4

Electric
the

For

this

of

—V.

Power

week

kwh., or
p.
601.

169,

17.7%

1949

6.4%

corresponding week of last year.

the

over

output

electric

this

of

corporation

Monday, February 14, 1949
amounts

\

,

.

v

:

...

.

for

10 Days

The

statement

with

tiled

offering

posed

of

Operating

requested. withdrawal of its registration
the SEC oil Dec. 14, 1948, and covering a pro¬

Feb.

on

3

Telephone

Period

End.

169,

169,

below.—V.

Corp.

Jan.

1949—48 Wks.—1948

1949—4 Wks—1948

29

-

INCOME

205.

p.

extended

ovens,

the

the

on

ACCOUNT,

(W. T.) Grant Co.- -January Sales 1.33% Lower—

,

Period End. Jan. 31—

Dividends

;
1943
earned—$140,521

Int.

Stock Corp.—Changes in Personnel—

First Bank

t

Kennedy, President since 1941, and Ellwood O. Jenkins,
Vice-President since 1947, have been named Chairman of the board
of directors and President, respectively.
Mr. Kennedy succeed ■> Clive T. Jafiray, whose withdrawal from the
Chairmanship of the
board rounds out 20 years of service to the
Augustus H.

169,

"

'

377.

p.

S.

169,

the

proceeds,
term

will

$1,300,000
and

notes

Mr.

.

used

be

remainder

the

A.

their
of

and

stockholders

the

two

on

companies,

proved such proposal' on Feb.

to

It

Inc.

*

.

*

its

Dairies,

to

name

Inc.,

Foremost

of

one

Dairies,

"

vertible

preferred

convertible

of

Foremost
sales

of

stock,

into

shares

2Vz

follows:

as

stock

common

Dairies,

Inc.
and

President

stock, would in¬
at the rate of
such preferred stock,

preferred
April
1,
1954,
6%

share

each

of

first 11 months of 1*948 had net
after taxes of $776,884.
Paul E.

the

net

of

until

for

in

the

to

stock

common

$20,869,212

Reinhold,

Holders

junior

earnings

Foremost

be

from

increased

He

states

also

Foremost

in

foresees increased

York

delivery

manufacturing,

outlets

the

expects

and

expenses.

John

Small,

the

in

of Maxson

President

the

added

pre-cooked

to

its

line

Food

food

frozen

Systems,

field,

distribution

the

.which

f

that

$5,446,000

the

for

calendar

year

$280,000

was

first

1947,

months

11

the

In

realized,

calendar" year

The

until

in

1948

of

with

from

1948

period

compared

1947.—V.167,

corporation

$2,337,000

1256,

p.

the

for

net loss of approximately
loss of $333,913 fcr the

a

net

a

?

,

its

as

Dec.

Feb.

on

President.

Corp.
.31,

and

announced

4

Dec.

notes

1944,

at

the

1947,
Wood

corporation

election

Fisher

its

Fisher

Industries,

purchased

Edward

of

of

and

Inc.,

168,

since

that

total

and

produced

both

vehicles

49,112

convertible

of

time

Chevrolet

the

produced

in

cars

principally

to new

divisions.

Pontiac

and

January,

99,916

PRODUCTION
Month of

MOTOR

OF

VEHICLES

BY

passenger

were

Chevrolet—Passenger

37,856

29,042

9,087

21,544

20,177

Buick

22,445
2,103

Cadillac

6.827
&

Coach- -Trucks.

outstanding
Feb.

March

10

Dec.

10.

and

1947

1946'

*

1,519,653

10;

$1

a

133,632

115,121

$13.20

$16.06

10

Sept.

on

paid

$1,125,659

77,763

841,839

and

10;

6,599

75,389

declared,

were

1949.—V.

11,

dividends

and 93%

$1.25

of

35,800

both

share

per

share

per

stockholders
cents

each
of $2

the

on

payable

May

to

2

$4,170,203

$4.523-,899

i

87,953

79,163

5,095

2,043

33,029

$8,070

$1,607

$51,648

2,790

income

3,565

25,536

inc. (net)

per

$10,860

$5,173

$77,184

charges.

806

575

1,341

■

$4,598

$75,843
$1.54

$1.43

$71,031

169,

stock
v :

Years End. Dec. 31-

Net

Earns,

shares

per

The

1946

$650,311

which

sheet

$5,670,696

accounts,

less

Paul

328,441

Secretary.

328.441

328.437

255.972

$1.47

$1.36

$1.87
Dec.

on

$1.43

showed

31

assets

total

of

Vice-President

Merica,

Vice-President.

director,

a

There

become

no

change

was

$35,629,890,

of

Authorized
The
•

holders

of

corporation

stantially
Corp.
for
of

GPU

a

proposal

and

of

stock
of

full

York

held.

the

with

SEC

the
to

annual

its

funds,

borrowed

six-to-15-year

note

used

reduce

will

completed,

of

sources

$5,000,000

a

Walter E. Heller, president, told stockholders

report,

improve

tiating

be

to

the

company

nego¬

is

of the loan,
borrowings.—V. 168,

Proceeds

issue.

current

1799.

p.

just

of

prior

to

be

State

State
such

to

early

the
in

shares

whose

will
The

the

stock

common

stock.

an

$5

Court

at

all issues of

Securities

Power

■

stockholders

vote

V.

This
Feb.
Tor

on

169,

at

their

proposal

a

annual

split

to

meeting

April

on

company's

the

of

series

9

to

J.,

N.

March.

This

is

warrants
a

step

13

stock

Telephone

corporation

its

ten

shares

price

will

be

to stockholders
in the financial

integration program of this company announced early in January.

dealer-manager group headed by The First Boston Corp. and
including Lehman Brothers,
Wertheim &
Co.
and
Merrill Lynch,
Pierce, Fenner & Beane will form a group of participating dealers
obtain subscriptions for the New York State shares.

basis

1,680,568

of

shares
take

will

its

pected
are

to

run

adhered

period

from

of

March

to.«




20
4

the

Telegraph

Corp.

Television

Radio

&

Farnsworth

and

of Farnsworth

the

foim

of

stock

sale

a

of

days is contemplated.
This is ex¬
to
March 24 if
tentative schedules

&

outstanding.

of

all

the

—

Plans

Corp.

ori

is expected that

It

Farnsworth

of

assets

sale

sale

to

it,

the

the

for

5%

account

income

and

of

the sinking

sinking

sum

of

$84,597,

169,

p.

fund

of sufficient

fund,

bonds

due

Feb.

first-

1, .1953,

to

and

will

be

enable

to

replenish

to

subject

the

to

that company

working

its

approval

sub¬

vote

and

to

approval

of

to certain

the respective

counsel for

of

certain
The agree¬
the holders

to pay

capital.

by

majority of the outstanding stock of Farnsworth,

a

parties

other
to

as

matters.

legal

The Sterling National Bank & Trust Co. of New York, trustee, New
N. Y., will up to 3 p.m. on Feb. 24, 1949, accept tenders for

the

to Farnsworth

advance

obligations

ment

of

Sought—

York,

In

announcing this entry
field, it was stated that if
expects

continue

to

national

Canehart

I.

& T.

T.
sale

the

is

into

and

Dealer

years.—V. 169,

the

television-receiver

consummated

manufacturing operations
Distributor

built up over many

been

of

p.

Fort

at

the

I.

T.

Wayne

organizations

&

and

which

T.

the

have

<•.'

603.

603.

interest.—V.

at

prices

not

to

exceed

par

and

accrued

Interstate Department Stores, Inc.—January Sales Off
Illinois Central RR.—Earnings—
1948—Month—1947

Period End. Dec. 31—

Period End. Jan. 31—
1948—12 Mos.—1947

Sales

Ry.

oper.

oper.

expenses.

169,

1949—Month—1948

$3,770,365

rev.

tax

from ry. oper.

5,727,961

6,855,337

4,007,846

accruals

.

66,140,392

58,004,599

3,165,819

33,653,074

30,478,386

12 Months Ended Dec. 31—

Cr227,647

43,191

2,717,202

3,207,817

income.

3,075,138

2,518,951

29,770,116

24,318.396

137,387

162.191

1,623.253

1,573,660

7,801

8,782

100,475

3,204,724

2,672,360

31,292,894

25,788.845

873,314

881,306

10,343,674

deductions

_

charges...

2,331,410
p.

sales
of

Taxes

(& Subs.)-

1,791,054

20,949,220

15,039,442

-Earnings—
1948

646,066

690,130

1,124,031

908,239

Prov.

716,525

taxes..__

656,717

626,742

275,522

earnings from operation...

$1,814,436

$1,699,703

$2,198,341

19,671

25,690

28,151

$1,834,107

$1,725,393

$2,226,492

for

Other

depreciation.......

than

est.

income

Fed. inc.

Fed.

inc.

(net)....

——

income

.

Interest and other deductions....

to

other

647,141

Inland

Steel

Co.

year

Net

applicable
paid in 1947

for

8,027,541
1,427,584

6,633,572
*2,106,307

1,021,870

accrued

pfd,

23,221,000

1,630,163

to

:

8,998,150

29,888,558

15,556 897

3,850,000

7,300,000

1,012,776

34,756,899

surplus.-.—
of

stock

earnings

issued

per

and

retired

in

1946.

4,899.315,

$7.88

■^Including premium paid
debt

outstdg.

share

22,588,558/14,544,121
4,899,315

4,899,315

$6.10

$3.18

and unamortized discount and expense
on
net income before deduction

tBased

December,

increasing

on

of

par

issued

1948,

the

total

value.—V.

159,382

245,678

$973,326

$947,277

stock...

net
of

109,866

outstanding

169, p.

Johns-Manville

______

18,485,000

38,606,899

contingencies

in

$15

—

taxes.

159,382

$1,027,584

on

1,003,610

Balance of net income transferred

Shares

1,033,538
$1,192,955

In
November,
1948,
the company issued an
principal amount of first mortgage bonds, 3% •%

to

income..........

Reserve

184,458,447

8,285,338
1,639,684

pen¬

i

Provision for Federal income

218,756.983

1,035,850

depl._
debt..

payments

preceding

592,685

$1,132,708

1946

316,338,565

394,712,845

revenues

trust

Vacation

578,715

$1,186,966

income

Dividends

1947

321,924,074 255,857,849

and

sales

for deprec., amort, and
Interest and exp. on funded
sion

453,242

719,485

785,302

taxes.

for

other

603.

Prov.

Payment

3,638,427

Maintenance

Net

Cost

1946

$7,860,774

4,837,149

10,749,403

income

169,

1947

$9,408,029

1948

...

103,211

oper.

Net

-V.

revenues.—

$10,991,486
5,891,514

Operating

Provision

Fixed

-Earnings—

Operation

Dri______

(net

ry.

-

•

Iowa Public Service Co.Net

1949—12 Mos.—1948

$3,807,065 $66=878,419 $62,813,948

'

206.

p.

22,371,928 268,174,957 242,154,670
16,643,967 202,034,565 184,150,071

23,272,308
16,416,971

revenues.

Ry.

*

___

—V.

tNet

~

A',subscription

the Federal
principal

against

that an agreement in principle had been reached
acquisition by I. T. & T. of the Farnsworth company 6n the
of one share ot 1.
T, & T. stock for each 12 shares of the

secured

will be asked
two-for-one.—

A

to

authorized by
3%

pay

defaulted bonds.—V. 168, p. 1362.

announced

conditions

Net

to

rights
would call for
a
be permitted to subscribe

the

Payment

Pending consummation of the sale, I. T. & T. will make a $1,000,000

6.

p.

of

subscribe

to

each

subscription

mailing

the

of

.the

this

«

Hotel Drake Corp., N. Y. City—Tenders

on

Rights—

right

officers

Corp.—3%

has been

corporat on

Newark,

the company's

International

record

of

amendment

for

other

ject to its stated liabilities.

on

on

to its stockholders of sub¬
York State Electric & Gas

stockholders

give

Stockholders

York

New

expected

would

New

share

determined
now

filing

approval of the offering
the common stock of New

share

fraction
for

all

The

one

is

for

has

Principal—
this

ago.

Negotiating Loan of $5,000,000 to Be Secured by Note

Inland Steel Co.

General Public Utilities Corp.—To Offer

director,

a

Secretary since
and cont nues as

Wiagate,
the

among

Balance
This

and

1936,

S.

Vice-President

a

2432.

p.

on

trustee

District
on

Notes, accounts receivable and factored
losses, stood at $29,825,588 as compared

for

year

Years Ended Dec. 31—

application

since

Henry

has

in cash.

was

a

and

International

reserve

$31,024,952

D.

Executive

1939,

$498,833

sh;_

common

balance

1937,

1945'

1947

$659,957

outstdg.

since

since

^company.—'V.' 168,

$801,823

1948

President

President,

Dr.

become

inc. after chgs. and

taxes

Common

following executive

President

L-

'

-..

(Walter E.) Ileller & Co.—Earnings-

in

Chairman"of the Board, has announced that on
the
directors,
at
the.r
meeting Feb.
7, have

Stanley,

Stanley,

1

6.

p.

$1.30

rearrangements in the company:1922. a director since 1917, and Chair¬
continues as Chairman of the Board.
Dr. John F. Thompson, Executive Vice-President since 1936,
and a
director and member of the executive committee since 1931, has be¬
the

and

come

capital

C.

recommendation

made

$70,393

on

776,2d5

International Nickel Co. of Canada, Ltd.—Changes

Mr.

638

$10,054

income-,
share

.

1,206,105

1.230,008
788;155
$1,31

2226.

168, p.

Robert

32,904

,

income-.

per

share

common

1946

1947

1948

1,646,152
"789,780
$1.83

Personnel—

$38,127
.

Gross

Earned

13,329

$20,146,560 $19,090,107 $14,975*465

outstanding

shares

29,546

taxes

Interest

Net

688,824

1,982,413

Chemical Corp.—Earnings-^-*

&

'' .A.-,--—

-

profit

man

Misc.

602.

169,. p.

(Dri

Earnings

35.000

6,602

168,968

share on the $3.75 series preferred

cents per

$4,151,796

income
securities.of securities

of

$495,231

1,066,743

1582.

sales

Gross

quarterly

183,645
22,279

operating
sale

in

168, p.

—V.

•

67,172

2.916

Equip, and joint facility

year-end

a

629,230
32,955

304,014

—

$4,523,899

666, Jf 4

7,821

Ry.

75

722,173
1,973,667

$466,531
880,717
704,304
1,957,284

.

6 Months Ended Dec. 31—

$915,329

7,089

601

to

$402,631
457,050

Si)

(par

surplus--—T~i_

Common

$97,533

3,316

2,481

$1.25

of

March

company

stock

International Minerals

1948—12 Mos.—1947

$107,477

.

the

$4,170,203

portfolio

-V.

69,873

accrls..

Nonoperating

Other

dividend

payable

1948,

__

1,122,346

;

Regular

April

stock,

In

June

preferred stock
stock

1949.

declared

7

common

17,

"

•

1948—Month—1947

5,151

Declares $1.25 Common Dividend—
the

462
$4,151,796

Total

Light Co.—Earnings

_I_j

res.

oper.

rents

Feb.

in

his
Net

Net

cn

14,297

-

.__A—

and

gain

-Net

149,028

Total

record

•

$10.63

59

.-jr.—

fixtures-—_L„_—

304,014

7,481
16,494

Y.V

—_L~

Unrealized appreciation
'■

1,421,115

taxes

outstg. Dec. 31—

2,139

directors

Net

the

ol'

:0-

-

1948

Income

400

__

Canada—Passenger

Trucks

The

be issued

6,773

8,716

Coaches
of

will

amount

14,814

32,366

Oldsmobile

183,645

Undistributed

64,014

31,401

.

Trucks

GM

1948

1949

Pontiac

Truck

full

'

6.

p.

the

meet

share

income

exhaust

DIVISIONS

GM

January—

$3,962,582

cost)

(at

1

Capital

1950.

,

The

trucks.

were

$3,511,458

appreciation
629,230
and on hand—10,646

LIABILITIES—

program,

and

76,084

mortgage

GMC

169,

to

bonds

of

$1,000,000

1950

1949

Hintle & Dauch Paper Co.—Plans Stock Split—

passenger

1946

$4,205,586

stocks

brokers

from

Capital

construction
during

$5,800,000

taxes——_____

Federal

to

and trucks in the
compared to 161,044 units

149,028

1947

Total

.

of

bidding.'

company's

of

Feb. 7

on

$2,500,000

sell

been

has

Corp.—January Car Production—

changeovers in
the

Of
cars

of

revenues

Retirement

942.

p.

31

DEC.

banks

in

Due

2119.

Maintenance
General

F.

Body

$1,500,000

SHEET,

BALANCE

Entry Into Television Field—

Vice-President

a

of

United States and Canada during January,
produced in December.
The drop in production during January was due
model

after

Haverhill Gas

In

Mr.

General Motors
The

end

Period End. Dec. 31—

that

was

Manager

director of the company.—V.

a

competitive
the

Years—

per

Operating
Operation

General

Fisher

95,298

102,658

106,205

1948

Unrealized
Cash

169, p. 6.-

Corp.,

and

issue

at

additional

an

the

expenditures.—V.

168, p.

when

4,

Gar

of

V

"Net

Division
which time he retired from active participation

Mr.

General

'

to 25 cents per share.

Insurance

$35,222,487 $32,292,877 $23,154,798

with

its operation.
On

that

to

to

bonds

applied

expenditures

is

Gar Wood Industries, Inc.—New President—

Motors

be

before

income

—V.

in

Metropolitan area, and that in 1948 it established dis¬
operations in Boston, Washington, Baltimore, Norfolk and
Richmond.
Pie
advises further that Maxnon's sales
have increased

Fisher

expected

Earnings

tribution

to

mortgage

would

Calendar

Net

1947

in

foods

frozen

York

New

authorization

Sales

—V.

Inc.,

states

fresh

of

$123,795

COMPARATIVE

the vacancy

fills

& Southern

Commonwealth

for

■

D.

pioneer

Maxson

SEC

estimated

sold

'

a

27,550

$120,219

Hajoca Corp.—Earnings—

the

distribution for

cream

Maxson
and selling

through

plant

ice

35,810

$121,685

Securities in portfolio:

approximately $3,000,000 to approximately $4,500,000.

that he

New

economies

board

Guardian's

the

to

Dairies,

Inc., has stated that as a
result of the proposed merger, he expected that sales would be in¬
creased from approximately $5,COO,000 and that working capital would

29,984

■='$108,722
90,854

ASSETS—

the
.

Bogardus

Number of shares

that

provide

terms

merger

be issued

director of

a

$151,345

31,799

Treasury stock

stock of the continuing company
of present Foremost 6'/<■ preferred
and common stock would
receive, respectively, share for share, new
6% preferred and new common stock; holders of present Maxson pre¬
ferred
stock, $1 par value, would receive six shares of a new 4/1
cumulative
convertible
preferred stock, $50 par value, for each 100
shares owned;
and holders of present Maxson common stock would
receive 1 Va' shares of the new 4%
convertible preferred stock for each
100
shares of common
stock
owned.
The new 4 %
cumulative con¬
The

would

and

."•',"227

$156,030

$151,670

$140,521

oper.

4Equal

the

death last September of August Zinsser.—V.

the

estimated

■

the

Inc.

is

and

major factors in the ice cream
and milk business in
the East, Southeast and Southwest,
would be
merged into Maxson Food Systems, Inc. which, in turn, would change
Foremost

Mr.

first

involving

8.

of

trustee

Co.,

$151,118

950

,'

income-—
Dividends paid...
!_

Co.

Insurance

and Vice-President

Bank

subsidiary of The

applied
30-year

Systems,

Indemnity

Centennial

1945

1946
$155,080

Gulf Power Co.—Plans Bond Issue—
This

will submit to
March
14,
1949 a
proposal for the merger
the, respective boards of directors having ap¬
Food

Maxson

Net

Atlantic Mutual In¬
He is also Presi¬

of the

trustee

a

Mutual

the

of

31

DEC.

ENDED

1947
$151,670

bds.

Govt.

Total income

the board of

on

battery

new

a

•

Furniture

Merger Planned—

Dairies, Inc

corporation

membership

to

Deposit Co.

of

created by the

Proceeds

Foremost

elected

and

Atlantic

Savings

Safe

Election

the

director

a

Square

Atlantic

subsequent to Nov. 30, 1948.—V. 169, p. 497.

This

been

President

is

and

Co.

U.

on

Expenses

Bogardus has

and

Union

a

plant

v

205.

p.

Bogardus

dent

like amount
additions made

retire

to
for

•

228,636,024

Guardian Life Insurance Co. of America—New Dir.—
John

vately—The company has placed an issue of $3,500,000
10-year 3V4% notes with two insurance firms, viz: John
Hancock Life Insurance Co., $2,000,000; and Travelers In¬
surance Co., $1,500,000.
•
short

$

$

.

12,303,362 233,904,548

directors.

Fitchburg Gas & Electric Light Co.—Places Notes Pri¬

Of

$

*

12,139,512

surance

of

fjj

t

—V.

corporation, eight of them as President, the balance as board Chair¬
man.
Mr. Jafiray will continue to be a director of the corporation.—
V.

•

Sales__

-

1949—12 Mos.—1948

1949—Month—1948

of

Inc.—Earnings—

MONTHS

12

,

204.

p.

approximated

1948

year

construction

power

Insuranshares Certificates,

$91,530,577

$7,987,965 $106,574,373

$9,331,035

1

—V.

Telegraph

&

$223,826

602.

p.

Sales

—Receives Temporary Loan—
International

169,

during

is proceeding

facilities, and open hearth improve¬
ments which, when completed, will increase ingot capacity to approxi¬
mately 4,0l 0,000 net tons annually.
Facilities for the > production of
tin mill products will also be expanded and improved.
Newly acquired
and
existing ore and coal properties are being developed to provide
for
the expanded
raw material
needs of tlie company and. the new
ore
carrier
which will be needed to transport the greater quantities
required will be ready for use during the 1950 season.
Distribution
laciliiieo are also being expanded and improved.—V. 168, p. 2226.
.

Grand Union Co.—Current Sales 16.8% Higher—

Sell Assets

Farnsworth Television & Radio Corp.—May

See

1948

$71,201$240,229

$73,813

coke

of

•

—V.

bonds.'—V, 168, p. 2541.

6%

five-year

$100,000

v

revenues '...

Work

$32,000,000.

Month of January
1949 - °
1948

End. Jan. 31

1949

company

expenditures'

NOTE—Capital

Georgia & Florida RR.—Operating Revenues—

State¬

Ltd.—To Withdraw Registration

Erndale Mines,
ment—

appropriated for reserves .for contingencies for possible future

•inventory price decline.

the week ended Feb. 4,
amounted to 164,128,903 kwh., an increase of 9,866,110 kwh., or
over
the corresponding week of last year.—V. 169, p. 602.

The

3, 1949, the System input of subsidiaries
amounted
to
73,639,000 kwh.;
an
increase of
Feb.

CHRONICLE

FINANCIAL

&

Weekly Output Increased 6.4%—

Light Corp.—Weekly Input—

&

ended

corporation

11,081,000

COMMERCIAL

THE

(700)

additional $3 000,000
series due 1978, and
additional shares of common stock,
common
stock to 769,065 shares' of

603.

Corp.—Annual

earnings in 1948

were

Report—Consolidated

$15,440,475

or

$5.22

per

share

stock, compared with $9,486,633 or $3.23 per
share in 1947, according to the annual report mailed to
stockholders Feb. 7, by Mr. Lewis H. Brown, Chairman
of the Board.
The 1948 earnings were equivalent to 8.90
common

in the sales dollar.
"In

the

beginning
was

1948,

year

of

the

produced,"

which

marked

Johns-Manville

Mr.

Brown

90th

the

business,

stated

"Sales

a

of

anniversary

record

volume

$173,458,033,

of

of

the

goods

compared

Volume 169

Number 4777

COMMERCIAL

THE
■:

•

FINANCIAL

&

-

♦

•

with

$133,885,412

total

dollar

Before

in

1947,

were

kinds,

also

1948

at

profits."

taxes

$10,404,312

All taxes in

than

1948

level,

as

were

-',•■•

all

of

more

record

new

a

in

earnings

$28,083,217,

were

1947.

amounted

which

h

was

y

■

sales

facilities

new

in,

1948

added

due

were

under

in

large

expansion

an

part

production

to

War II," Mr. Brown says.
"Compared with 1947, products

Feb,
it

of

increases

in

Johns-Manville
"For

the

country

in

the

The

there

was

payroll

in

1943

was

$66,063,575,

cents

cents

or

were

"There

Mr.

no

Brown

tinued

hour

per

hour

per

a

6%,

or

11.5%

The

comments,

type

prewar

at

that

in

in

the

the

a

Other

income

Profit

before

Prov.

the

from

with

20,000.

plants
with

whole,
to

for

seasonal

$15,627,678

2,395,227

2,715,664

164,630

311,302

259,194

1,397,885

1,722,106

1

Fed.

taxes

Federal.

2,706,530

2,974,859

in¬

475,535

612,048

923,942

The

during

$53,209,587 in
report states

1948

increases

The

13.6

*■

55%

states:

of

earnings

"The

rein¬

were

decision

$922,349

$1,110,058

$0.49

$0.59

$1,926,514

7,

of

National

for

net

the

six

Steel

&

Co.

Wire

(77.62%

owned)

months'

period, after provision for taxes, amounted to
$148,543, compared with $224,079 for the same period of last year.—
V. 168, p.. 2121. ■
/:/';/7'v •'■■■,. //V///'
,,'7
r:'/ 7

proportion
of
earnings was made partly because reserves for
depreciation set aside during these years, based on
original cost of
plants and facilities, were inadequate in view of
today's far higher

Period End. Jan. 31—

cost.

•"."■■;/■.
/.v
adopted, as of Jan. 1, 1948, the' last-in first-out
method of valuing
inventories, but not for tax purposes.
This had *
the
effect-of excluding"from income
$*095,000 of appreciation
in
market price of the
beginning inventories.
Since this action accom- ■■
plished the purpose sought by the provision in the first
"The

company

of

year

$500,000

replacement

by

the

and

a

mining

asbestos

a

mated

that the

Mr.
of

latter

begun

in

expansion,

1945

the

under
and

the

has

raised

the

of

years

World

War

II,"

Mr.

planning

reduction,

improvement

considers

the

and

time

CONSOLIDATED

what

over

could

expansion

to

be

to

Provision

for

depletion...

Provision

for

contingencies...

Federal

excess
profits
taxes....
Canadian income taxes..

&

Carryback

claims

Federal
Net

taxes

for

refund

(Cr)_

FOR

-

CALENDAR

Divs.

Prior

3'/2%

on

declared

Balance

to

pfd.

subs,

not

ree'd

Total

J-M

of

260,069

3,165,517

♦Earnings

per

-"♦Based

3-for-l

end

at

on

of

pfd.

share.

common

$5.22

;

outstanding
May, 1947.

in

effect

and

fund

the

DEC,

'

.

*

31

'"* 1947

S

the

junior

7 The

Accounts and

Inventories
Funds

receivable

notes

:

15,596,390 *

21,178,350

18,025,109
•

notes,

series

C
&

int.)

482 :

2,752,820

refund of excess profits taxes.
Carryback claims for refund of Federal taxes

2,871,299

(at

cost

Postwar

Fund

for workmen's

tProperties

and

Investments in

Miscellaneous

Prepaid

and

plants

and

(net)

advances

deferred

to unconsol.

subs..

206,309

1,238,601
1,787,004

charges.

.

7.7'77:-" 77 7 /"' 7

LIABILITIES—
Accounts

payable
payable

Dividend
Federal

Other

&

preferred

on

Canadian

taxes

inc.

and

1,625,313

obligations

taxes

3V2%

preferred

:fCommon

stock

(par
par

no

.

.7

9,050,283

$100)

64,442

the

en-

directors

5,607,346

425,000

425,000
1,006,503
7,661,910

7,356,300

provision

tAfter

for

uncollectible

customers

to

reserve

for

of

$720,513

depreciation

in

1948

for

and

after

result

set

to

up

four

present

shares

in

stock

for

up

on

basis

a

date

stockholders

Feb.

as

will

be

common

of

placing

Annual

of

common

about

19%

in

of

the

cash

discounts-

$723,663

in

and

depletion of $46,544,936
and $43,267,155
in 1947.
JRepresented by 2,906,059 shares
and 2.905;810 shares in 1947—V. 168, p. 20097 "

1947.,

in

1948

in

1948

of

1933,

capital

Jones & Laughlin
--

.

Sales

and

tjj

oper.

revs....

Income from'oper.
expenses

Subs.)—Earnings—

1948—3 Mos.—1947

'

into

interest

$

.130,588,685
21.877,197

such

later

have

the

of

$10

3,558.099

4,306,847

68,047,640

16,131,249

46,180,548

13,193,133',

431.964

1.568,310

1,743.940

3,526,000

18,950,000

11,482,000'

Net"income—.—*10,973,134

5,700,853

♦31,222,451

$2.16

$12.01

119,225,184
$7.17"

charges.

income taxes

(est.)

The

•'Loss

in

per

of

previous

com.

share.

$1,453,492
1948

on

$4.28

sale of

quarterly

Hammond

statements




was

(Xnd.)
offset

real

NC

of

is

require

that

be. permitted
at

equal

to

time

a

to

the

choose

when

four

trustee

years'

"at

unpaid

under
least

the

Observer

CAA

Special.

Quantity

approval

announcement

effective

making

record

date

shares

two

for

amendment.

be

to

1949.—V.

169;

profit before

which

added.—V.

registration

of

at

offer

an

the

which

on

York

share outstanding on the
proposal will be submitted to
April 12, 1949.
The record date

held

p.

to

vote

at

the

will

in

the

1583.

close

such

the

under

by

of

the

registration

Securities

Act

company,
holders
on
Feb. 15,
1D49,

business

becomes

effective,

of
or

shall

fixed

Exchange directs, subject to the offering being
stock be not
quoted ex-rights until. further
certificates delivered'after the record date as

all

the

by

must

company

be

accompanied

due-bills.—

by

499,

p.

•

Period End. Dec; 31—

Corp.—Earnings—

1948—3 Mos.—1947

Gross

operating income,
Oper. charges, Including '
depr., depletion, etc.._

$220,771

"

:

income^..
income..

1948—12 Mos—1947

$.107,771

77

■/

,

'

109,745

Net oper.

Other

'

$718,577

■. ■■■■■

.'

,.

67,673 "

'

$360,175
;

'

334,174

195,467
$164,708

,$111,026

$40,098

$384,403

47,808

13,019

77,019

23,365

$158,824

$53,117

$461,422

$188,073

:

income.-__•____

•

Other charges-(int.; etc.)
Federal

—V.

income

7

3,083

-

______

33,000

taxes

4,000

income,

168,

$122,751

2009.

p.

..

,

,

.

.

Massachusetts Investors
This
with
of

investment

the

SEC

beneficial

111,500

T"

$47,117

■

.

.

meeting

was

and

Federal

in¬

company

seeking

Feb.

on

registration

interest—V.

168,

p.

3

.

filed

of

registration

a

additional

an

2227.

S.

and

Canadian

Massachusetts Mutual

Life

Insurance

7 ;■ 7'•„>■;%
and

in

for

$256,830,000..

lor

deprec.

depletion

57,790

199,906

$325,293

of

the

8,040,449

34,009,185

with

proceeds

3%

1,32^,775

4,767,516

4,437,641

311,303

.1,858,057

1,721,445

and

net

left

assets

interest

with

the

will

company

profit—

$4,204,517

credited

be

during

1949

gain,

The

last year's rate..
$1,234,396,623 showed a $80,633,848

of

earned

3.17%

was

against 3.13%

fcr

1947—-V.

168,

p.

153,-

a

letter-to

stockholders, Thomas S.

Nichols, President, announced-

Feb.'7 that as a result of negotiations with the directors and prin-,
cipal stockholders of Southern Acid & Sulphur Co/ Inc., the Mathieson

on

is

contracting
Under

purchase

to

terms

the

of

the

business

agreement,

,

Principal

$2,801,658 $13,953,908 $11,225,419

188,563

82,205

$4,393,080

$2,883,863

568,300

522,327

2,070,549

1,981,402

550,200

465,054

.

.

and

assets

Mathieson
common

of that
distribute

will

stock

to

*

Southern,

.

of the Southern Acid firm is the production andacid,
ammonium phosphate, ammonium sulphate,
acid, superphosphates, mixed fertilizers, and sulphur. Ac¬
quisition of this company will further diversify the line of basic chem-_
of

business

sulphuric

-

phosphoric

manufactured

now

a

by Mathieson and will add to its presentbusiness that is producing satisfactory earnings, the report

stockholders

to

stated.

This

should,substantially enhance
Nichols

added.

Southern's

extension

the

of

its earnings

operations

prospects

of Mathieson

for the

future,

31,

>

plants

the company

1948,
the

increase

Mr.

•

are

located

at

Houston,

Beaumont,

Fort

Arthur,.

Tex.; Shreveport, La., and Little Rock, McKamie, Macedonia, Ark.
sales, of

income

this

per'annum,' continuing

.Admitted

29,586.147

467,589

from

company was organ¬
insurance policies
year-end stood at $2,785,-

life

,

policy

operations
1948—12 Mos.—1947

$15,219,352 $12,477,185 $54,588,666 $46,970,652

„

Operating

in-force' at

265,000 shares of its authorized but unissued
common
stockholders.
~
./

costs,

'

$62,857,000

the

39,500

company.

Corp.—Earnings-

—9,140,486
admin, exp. 1,406,760

Selling and

Insurance

since

aggregated

Reports

—

..

an increase of $154,420,000.
$13,650,000 has been set aside for 1949 dividends, an .increase
$760,000 .over last year's allotment.
Dividend accumulations and

company

$81,308

r_r_______

etc.

received

largest amount

business

336,056

378.

ship,

the

New

Co.

'"•

Over

icals

and

last year,
1851.

beneficiaries

_

1948—3 Mos.—1947

shares

880,000, including group,

sale

.

their

861,255

in¬

;

statement?

1,301,298

v77-

457,293

___

p.

$158,073

Trust—Registers With SEC—

596,331

—

U.

30,000

$343,167

Matiiieson Chemical Corp.—To Buy Southern Assets—
1947

$8,858,308 $10,843,720

......I...

provision for

:_Zv.

6,755

-

Gain—

•In

faxes.j:.!..-.'.

169,

Misc.

expected
p.

Stock

439.

1948

depreciation

taxes

profit

Prov.

production

is

168,

capital

that

and

16'9,

ized

each

__

Lone Star Cement

Mfg.

general

.

company

The

entitled

169,

sales

Sale$

for

right to subscribe, for a period of 21 days, for capital
stock,
value, to the extent of one share for each two shares
subscription price is to be determined shortly before the
is made.
••
•'• "•••"•; 'V'.
7 / ■•

New

finally

contingent

interest.—V.

.

stockholders

28,

Net

—'V,

tanks
airplane

spray

same

one-

Split-Up of Stock—

4,

meeting

a

Net

Net

the

the

airplane

is

following.
the

the
of

that'the

notice

V.

Liquid Carbonic Corp.—Earnings—

come

of

,

that

so

an

par

made

years,

2.280.231

Total
Prov.

income

totaled

and resulted in

a

$21,800,000

for

net profit of

the

12

months

approximately

ended

Net
Dec.;

$2,620,000.

meeting of Mathieson stockholders held in March, 1943, an
in the common stock of the corporation from 1,000,000 to

1,500,000 shares was authorized for the

purpose

of providing

additiona!"

shares to finance the expansion of the corporation.
Mr. Nichols pointed
that a major part of this expansion has been
accomplished without

for

than

taxes

Fed.

' for

Prov.

.

$14,504,108 $11,690,473

(other

"

income)

.Federal

"

in-

'

,

taxes

1.030,118

715,441

3,750,000

2,910,000

charges

403,640

Crl54,810

1,064,922

$2,391,022

$1,800,905

$7,618,637

$6,337,424

estate

during

reported"
the fourth

issuing these

shares.—V.

169,

pp.

500

and

379.

•

Maxson Food Systems, Inc.—Proposed Merger—
See

461,647

come

Misc.

Foremost

Dairies, Inc.

above—V.

167,

p.

435.

McCrory Stores Corp.—January Sales 2.74%

'

Earns,

exception

as

out

6,914,000

Fed.

the

minutes

The

Net

$

96,621,722 446,057,301 350,132,366
15,102,010

of

off-season

and

company's

1948—12 Mos—* 1947

after

,

Prov. for depr. and defrl.
Interest

Steel Corp/ (&

the

upon

and

stock

'

Period End. Dec. 31—

matter

a

Silvaire

future,

Contingent

At

•

■

monoplane

Sprayer

the

on,

near

the

senior

payments

contingent

Quarters Ended Dec. 31—

come

604.

p.

.

Silvaire

immediately

very

paid.

selected

Feb.

the

of

at

ascertaining

fixed

incor¬

Corp.—Manufactures New Mono-

equipment with

in

during

purposes.

start

the

by resolution, proposed for consideration
of the
company's stockholders, an amendment to the company's articles
of' incorporation
increasing the authorized capital stock to 5,000,000
shares without nominal or, par value, and
splitting the outstanding
stock

of

priced at $3,595 F.A.F.' Dallas, complete
Met-L-Prop, Safe Flight Indicator, chest harness, oversize tires,
flaps and full spray equipment in addition to all
equipment which is

shares

outstanding

retirement

bonds.

payment

are

mortgage

30,096,446.

and

accounts

One

7,364,6b0
47,835,6187

—127,918,394.115,259,356 7

allowable

will

common

articles

with

offering

distribution

new

the

accumulate

period End. Dec. 31—

♦After

be

would

bonds

on

Tentative

39,500,620

Total—

receive

the

on

amend

McCauley

spray

used

their

«

1,137,048

47,845,163

Surplus

also

Depreciation 7_L:

1,026,319
7,661,910

—_

to

Thin

287,016

this
of

to

five

directors

1,715,758

value...___

of

is

value

par

consolidated

for

general

the

5,010,1557

5,509,382

____________—____.

of

stock

/

to

corporation,

tandem

removed

be

in

original plan, required by the
the unpaid
contingent interest
instead of three years.
Another
no
stock dividends be paid while there are
unpaid
interest on these bonds.
/

of

9,414,288

compensation self-insurance
for product guarantees, etc
for
contingencies

Reserve

'

64,368

profits

for workmen's

Reserve

.

115,259,356

7,399,286

stock

exc.

_____________

Long-term
Res.

7:77;v7/'/7

and other accrued liabilities.

is

Lion Oil Co.—Plans

for

2,624,829 '
387,526

127,918,394

voted

8

/ Policyholders

.

*

Total

this

by

a

be

held.

bonds.

accrue

,

effective

425.293

52,747,099

less)....

or

843,6357

2,871,299

429.812

64,212,360

...

"(at cost

investments

8,823,569

649,549

compensation self-insurance

of

The

*

2.720.625

__

Treasury notes & bds.

•

802

___

tax

S.

Other

said

made

bonds

that

is

604.

p.

18,955,534
:

bond

to

Sllvaire Sprayer, first production
airplane evfer factoryand
engineered
specifically
for
aerial
crop-spraying
was
publicly for the first time on Feb. 3.

spraying,

crop

2003,

issued

new

317,97S
$1.12

depreciation

Magma Copper Co.—Rights to Subscribe—

Among

8,568,187

expenditure, etc:

Cash

U.

:

n

deferred

for

and

value.

par

$50

shares

of

dividends

Commission

interest

$

13,635,954

two

Feb.

on

Maracaibo Oil Exploration

no

the

report

be

stock

any

third"

1943

ASSETS--

Cash

cumulative

$1,000

a

issuance

general

to

are

provision

to
1

SHEET,

of

<Among .changes to-the
is one which would

on

-

BALANCE

receive

$1.50

the Silvaire Sprayer is a com¬
powered by a 90-h.p. Continental
Met-L-Prop.
It bears a close resemblance
to' the Silvaire
Observer
Special, from which it was developed.
While the Silvaire Sprayer has been designed specifically for aerial

interest.

holder

sinking fund

consolidated
CONSOLIDATED

be

stock,. with

number

.

$2.01

giving

would

317,976

$4.14

./■/■%;

all-metal

due

bonds,

bonds

new

317,976

bondholders.

accumulations

after

bond

will

removing

ICC,

2185£L323

$3.23

stock

common

total

before

3,220
30,096.446

and

$360,050

share..

Airplane

turning

the

by

Co.

principal amount $nd a fixed interest rate, the
$750
principal amount- and contingent interest.

the

by

general

this

24^8627543

...

39,5007620

...

present

split-up

39,500,620"30,0967i~46

stock..

year..

canceled

240,000

$487,683

600,050

1949

designed
unveiled

rates.

owned

Trust

mortgage

$8,802,887

250,900

at

Co., trustee under
withdraw within six months

is to

Dec. 28,'46

838,583

169,

Total

315,905
22,301,664

24,859,323

bs

will "involve

of

bonds

30,096,446

Girard

eight

spaced

interest

RR.

ma¬

next

be

was.

Wabash

consolidated

general

$1,000

a

a

Commission's

the

hands

2,244.974

...

of

common

It

The
of

33.215

~

redeemed

on

Surplus

new

A

:•_-_

in

1969

the

will

stock

the

in

Jan. 24,'48

♦2.327,815

stock.

426,122

3,989,441

Corp.

the

mortgage,

to

are

have

addition,

a

stock.

5,836,613

257,581

year

of

$250

a

will

accompanied
1.614.149

——

Premium

have

In
of

previously

of

change

Lehigh
by

until

postpone

securities

no

the

21%

made,

contingent interest
equivalent of five years'

1.518,010

5.237T23

be

of

with

of

about

This

1,463.889

5,811,935

Service

beginning

issue,

Each .holder

•

196,139

5,451,000

2,403,272

...

from

at

492,529

stock

consolidated
Div.

Surplus

$71,754,000

other

107.000

97370.959

consent

as
a
means
of
making the interest on three-fourths of the
principal amount of each- outstanding bond contingent upon earnings.

will

1,900.000

9,486,633

to

com¬

the-• plan
becomes, effective because it and the Pennsylvania
Co. are affiliated through several common directors and officers.

junior

a

stock..

com.

RR.

82,149,013

338,000

30%

will

beenreached

maturities

and

adjustments

the

the

to

Jan. 22,'49

of the

Luscombe

place

9,660.000

surplus..

of

earns,

on

the

system
have

until-1994,

about

Co.;

subject

the

604.

company, by reducing the capital stock of the company
to $3,179,760, divided Into
317,976 shares of the par value of $lo each,
by retiring 10,000 shares held in the treasury.
See also V.

utility

approved

»■

92,049,044/

.

said

structure

7

for
p.

Treasury Stock Authorized—

stockholders

poration

standard

1969, -the

intervals

ICC

securities

otherwise

general consolidated

after

1946

400,811

—15,440,475

declared

Dividends

the

YEARS

1947

...

Retirement of

The

Feb.

on

1949,

5,

169,

.

$3,958,352

'
Lehigh

the

would

Pennsylvania

cost

when

——

earnings

of

program

2,982,742

____

After

The

......

taxes

years/

its

holders.

plan,

that

other

modify

to

the

Commission

Feb.

kwh.

11.5%,—V.

$16,934,175 $12,883,268

outstanding...

can

Commerce

security

five-year,

been carried

■■

450,286

____

-

made

be

effective

made

y7;'\/

ACCOUNT

plan

the

turities

"the

Sales, less discounts and allows— 173,458,033 133,835,412
Mfg. cost, sell. & admin, exps., etc. 140,719,893 112,727.632
Provision for depreciation—___
4,204,637
3.078.064

Canadian

of

The

Brown

1948

Oilier

pany's

Under

have

concludes,

Interstate

The

productive capacity

for-another

opportune."

INCOME

-

new

underground
7/y''

progiam

1948

$3,859,235

ended

40.232.CCO

of

setting aside $141,000 for additional
absorption of inflated'costs of new facilities;

The

.

Lehigh Valley RR;—Plan Approved by ICC—

v

states, "has entailed an expenditure cf
$15,350,000 was made in 1948.
It is esti¬
required to complete the program is $6,650,000.

company
was planning
for expansion and improvement
effective in the postwar years.
These plans have largely
out.
Now the organization is
board

four

were

of

•'

the

7

604.

p.

1947

1949

$3,715,754

-

169,

week

with

decrease

a

taxes

common

can

completed

program

per

Manufactured

sales

the

compared

after

engine

reduction,

Brown

that

$3,199,043

Inc.—January Sales Off 3.7%—

Month of January—
Net

—V.

cost

development

company, in physical terms, about 35%
handled in the peak war year of 1942."

"During

was-;

virtually

was

the

been

provision
^^

1949—12 Mos.—1948

$3,619,224

for

company
as

year,

,

$1,316,315

pletely

which

amount

"It is estimated

of

program

Center,

fibre."

program,"

$53,300,000

of

that

1948.7 Included

about

the

V-';;?

Research

new

of

"This

contingencies,

improvement

close | of

plants,

for

$242,772

169, p. 207.

Lane Bryant,

of'

quarter

the

canceled.'*- //V ..
The
report states

$267,461 >

—V.

Net
Net

profit

profit,

.

per

share

(948,597 shs. outstdg.)
—V.

168,

p.

2226.

I

Month

of January—

Sales

.

$2.52

.

.

$1.90

$8.03

$6.68'-

'

(Ky.)—Weekly Output—•

1,011,500

shares

♦Also

The

'

1949—Month—1948.

.

Sales

this

plane—vv.

(M. H.) Lamston, Inc.—January Sales Up 10.2%—

.

of

profit

Earnings

retain

to

2,715,001

,

taxes..

Net

Lock

Mid-States

of

11,019,84(>

633,216

.

169, p. 604.

before income

Income

$1.03

this

replacement

Profit

Dec.

profit

44,998,100

9,482,576

$3 007,142

Lukens Steel Co. (& Subs.)—Earnings—

Co. (68.43% owned) for the Six
31, 1948, after provision for taxes, amounted to
$1,373,231.
This compares with net profit of $1,348,134 on the same
basis for the corresponding 1947 period.
The

48,164,043

7,174,308

♦2,190,366

output

1

$0.95

•

47,783,140

5,142,759

"4,233,148

Three Months Ended—
sales

cover

profit

ended

52,671,314

railway

Net

1,048,345

$1,782,587
7

on

shares-

net

mcnths

averaged

averaging

1,875,000

"380,052

income...,

Electric

Common

Net profit—
Earnings per share

V; /y//,

•>612,352

'♦45',326
eG3o',C02

$3,580,343'

railway......

oper

totaled

$15,314,968

1,580,759
141,347

402,552

Louisville Gas & Electric Co.

1948—6 Mos.—1947

$8,570,218

1945

152,051

♦785,117

35,451,000 kwh.,
corresponding week last

1,233,254

taxes

come

plants during the year," r
labor relations showed con¬

1948

1800.

p.

$8,425,591

operations.

from

♦Deficit.—V.

dismissed by the U. S. District
Kellett company's reorganization

1946

$3,841,831

26,684

income...

\

?

,

Brown

ry.

1948—3 Mos.—1947

-

Profit

company's

1945

Mr.

Net

The Coldaire firm appealed the decision.—V. 168,

Sales

prices
of

.

the

years

business,

from

Keystone Steel & Wire Co.—Earnings-

improvement."

Noting
vested

Net

Philadelphia, Pa., on
Chicago for $450,000
and for the return of $40,260
to be.used for production of

1947

$3,964,290

January 1—

Gross

of

,

originally
during the

were

Philadelphia

Period End. Dec. 31—

.

.

of

at

From

at

Corp.

-v.,*

building products.
In
falling off in demand for
including home insulation

the

"On

claims

proceedings.

sections

railway
railway..:

ry.. oper.

and

was

compared

•

two

-

1947.

in

strikes

some

compared

Employment at the end of 1948
wage
increases in United States

that
8.2

be

industrial

many

year

years

company's building, products
types of shingles."

certain

1947.

the

to

appeared

for

of

Appeals

Coldaire

of

Kellett Aircraft Corp.,
for manufacturing tools

Kellet

after

year,

of

Court

claim

1948

from

from

Claims—

on

refrigeration cabinets.

:

9.6%.

average

pa.d

12,500

Court

the

During

the

on

number

a

what

of

moderate.

were

Circuit

S.

the

against

from

•

advanced

in

demand

quarter

of

some

time

experienced

last

and

products

first

fluctuation
the

general

U.

rejected

9

damages

showing increases in physical vol¬
ume of 10%
to 18% included asbestos fibre, Transite
(asbestos-cement)
pipe, magnesia and Superex industrial insulations, Marinite and Marine
sheathing, asbestos shingles, and asphalt and asbestos roofings. Pro¬
duction of insulating board products increased
40%.
"Price

Third

The

>

Corp.—Upheld

5

Long Island RR.—Earnings—
December—

Gross

Net

Kellett Aircraft

shortly

begun

program

World

(701)

}

Net

outstanding at the end of 1948, compared with
2,905,810 shares at the end of 1947. Dividends of $3.50 were declared
on
the 3Vs% cumulative preferred stock which was issued in 1945.
"Record

-

quarter by sales'of other fixed assets at'a profit.
tReduced $3,158,407
from amount previously reported to rellect the application of vacation
wages and other costs determined in
1948 to have accrued in 1947.
tAdjusted.—V. 168, p. 2120.
:
—

.

stock

common

CHRONICLE

•

to

$12,642,742, including $9,660,000 levied
on United States
and Canadian income.
In 1947, they were $8,192,272,
including $5,789,000 levied on.income and excess profits.
Dividends of $2 per share were paid on the common stcck in
1948r
compared with $1.40 in 1947 after adjustment for a three-for-one
split of the common stock in May, 1947. There were 2.906,059 shares
of

•

...

Number of

—V.

stores operated-!;—

169, p. 110.

1949
'

1948

Higher1947

$5,947,644

$5,789,302

$5,518,922

202

198

139

,

'

Month of January—

Retail

—V.

'

1948
$3,511,904

1949
$3,857,217

"

'

sales

1947

$3,510,131

The

Stores, Inc.—January Sales Slightly Off—
Jan. 31—
1949—Month—1948
1949—12 Mos.—1948

Period End.

A

•-

\

''

'

"

!

•

V.

169,

.',"y

207.

p.

,

,

$

'

!.

Dec.

■

■.

1949,

This

approved

have

directors

;The

for

1946

__
_

budget of $5,500,000

construction

a

Brown, President, announced on Feb. 10.
is owned jointly by Consumers Power Co.
Eastern Pipe
Line Co., with Consumers owning
A.

J.

and the

company

a 75%
natural gas brought from the Southwest by
Panhandle
it to storage fields in north-central Michigan.
In winter months the gas is taken out of storage and delivered to
Consumers Power Co. for distribution in its service area of 254 Mich¬
Panhandle

receives
and pipes

It

'interest.

high

inch

20

The

1949

miles of

is construction of 61
from Freedom Junction in

program

pipe line

pressure

Southern

fields during 1949 to facilitate the
storage, and ten exploratory wells
Refine the outlines of the fields.-—V. 165, p. 339..,
./.v.
Lake storage

Cranberry
Of

eligible

not'

share
corporation

.may

:the

current

The

is limited

totals

issue

shares at $6 per share.
Purchase
the company and payment may
three-year period.

»

company

Y.—V.

N.

inc.

1,693,730

Dr659

2,407

$1,485,004

$2,643,136

$2,844,729

tax

290,208

111,619

195,047
602,741

281.089
1,004,568

at

Balance

$1,045,924

$1,373,384

$1,845,348

$1,559,073

'

.

secur¬

on

profits (est.)
paid.

ities

3l__

Dec.

COMPARATIVE BALANCE SHEET, DEC.

hand
at cost
bonds in portfolio (at avge. cost.)
in
National
Aviation
Research

banks and

In

U.

Govt,

S.

Investment

Co.—Stock Issue Approved

75%

Corp.,

Feb. 4 received SEC authorization to make an
offering of 59,090 additional shares of its common stock to its stock¬
holders of record Feb. 3,
1949, the subscription price being $21 per

interest

to

charges

50,000

(at cost)
receivable

50,000

«

17,220

6,215

1,191

583
$7,710,285

$4,976

ican

(its proportionate part)

v

2,386,373

2,386,373

4.139,369

4,139.369

financing

Proceeds of the stock and bond sale
and other purposes.—V. 168, p. 605.

program.

construction

for

used

are to be

Receive Bids for Bonds—

Monongahela Power Co.—To
The

the purchase of $6,000,000 first
by the company
12 o'clock noon

has invited bids for

company

due 1979. Such bids will be received
50 Broad St., New York, N. Y., up to

mortgage bonds
Room

at

(EST)

901,

«Net

from

Gr6'ss
Net

—V.. 169,

5,'830,859

2,683,385
936,808

2,868,358

4,080,661

oper.

ry»

4,252,404

1,490,972

.

1,653,799

—V.

Mountain States Telephone & Telegraph Co.—Earnings
1948—Month—1947
1948—12 Mos.—1947

Operating

rfrpe
..operating
Operating

$6,609,038

$5,667,867

5,438,512

revenues

51,359,865
5,154,215

57,923,967

s''

•

Net

'•'Net

charges

169,'

—V.

$676,729

$379,021

$7,665,890

$3,178,052

506,788

income

operating

after

283,374

5,698,911

—

National Cylinder Gas

of

January—

-

6.22%—

$8,490,803

Stores in operation
V.

T947

1948

1949

<-

.

$7,993,684

$7,001,090

210

—

209

209

—

169, p. 208.

Mutual Investment Fund, Inc.—Annual Report—
Years Ended

Dec.

Dividend- income,

$35j757

/>

Expenses-

,•

$42,000

,

9,991

10,337

V

1946

1945

$36,798

$42,101

1947

1948

31—

etc,-..

1,373,384

$7,346,156

.12,145

.

12,270

$29,830

Maryland

140

New

$25,420

$32,009

$24,653

170

taxes

170

155

taxes

138

161

490

25

617

819

,608

Net

taxes

income

Net

^Earnings
0

share

common

per

-S^ies

CONSOLIDATED

sales

Net

of

Cost

13,308,935
144,601

profit

Operating

income

9,573,146

$1,510,598
228,406

$1,953,519
256,765

$1,739,004
568,021

$2,210,283
1,140,356

$1,389,989
1,036,095

$1,170,983

$1,069,927

income
income

tax..

'

,■■■

Income

Net

25,178
82,500

on

$6

on

common

Earned

per

%

pfd. stock..

Divs.

com.

.______

____—

405.000

93,300

$2.60

share.

in

stock

$24,495

$30,859

$23,399

fBal.

of

AS OF SEPT.

BALANCE SHEET

banks

188

■

distribut.

Distributions

payable

v

*

»

paid

30, 1948

income

the

of

LIABILITIES—Accounts paH^ 'and accruals/$943,487; reserve for
income taxes
(less $124,954 U. S. tax anticipation notes—
$570,398; deferred credits to income, $200; reserve for con¬

water

1948

as

Other

The

"to

asset

$12.91

value

at

Dec.

per

31,

at-

market,

on

$140,095)

,
.

accrued
chased,

total,

at

market,

dividends
$259;

management

for

surplus, $2,391,780;

$450,000;

and as

dis¬

owned

DEC. 31,

$139,826;

1948

Jan.

but

not

number

at

Jan.

29,

of

stores

1949.—V.

Neisner Brothers,

(cost

$401,521)

in

subscriptions receivable,

delivered

Days End.

29, '49

Jan. 31. '48

Jan. 25, '47

operation decreased

from 700 in 1948 to

accrued

of

assets,

p.

1948,

$3,821;
and

Br 1,267

21,807,458
5,471,450

23,904,038
6,167,643

16.336,008

17,736,395

2,876,020

2,876,020

13,459,988

pfd. stks. of subs. cos.

on

income

...

14,860,375

Earnings per
J.

Earle

2,424,025
12,436,350

$1.15

$1.30

share

common

President, stated that the decline in net revenue
mounting cost of operations which were accentuated by a

Machold,

to

due

was

Corp.—

2,424,025
11,035.963

requirements on pfd. stocks of

Balance

increase and by severe drought conditions in 1948.
The
materially reduced the output of* hydro electric stations,
increasing the use and cost of coal and purchased power.
However, Mr. Machold said, recent rainfalls have created the largest
wafer reserve for hydro generation that the System has had at this
time in many years, thereby substantially increasing the kwh. generated

general wage
drought
thereby

by

the 80 System hydro electric plants in northern and eastern
Hydro electric generation in these plants in January, 1949,

New
was

kilowatt-hours, or 118% greater than in January,
Machold stated that the Niagara Hudson System is making
million

$1,417;

expenses,.

$832;

accrued

total,
sales

2227.

investments




1949
$3,173,156

1948
$3,034,731

1947
$2,587,640

the

year

ended

respectively.—V. 168,

power

and

to

its expansion program to take care of
provide additional reserve capacity.—V.

in

The

corporation

meet

to

its

demands for
169,' p. 606.

Corp.—Borrows from Banking Group—

has borrowed $6,000,000 from
a
seasonal
cash requirements,"

"usual

Co.—Earnings— %

3 Months Ended Nov.

Federal

profit

income '

30—

.

,

,

on

1948

————

.

1947

$59,540

■

$44,428

22,625

tax'.;.———i-_i:——I;—

16,883

$36,915
$27,545
Operations of the Canadian subsidiary, unaudited, before taxes for
the three months' operations ended Nov. 30, 1948, show an operating
profit (Canadian dollars) of $4,918 (same period prior year showed
an
operating deficit of $1,625).
Net profit after provision for taxes
Net

is

profit—

estimated

at $3,443.—V. 168, p.

•

1365.

—

banking group
Henri

Sadacca,

announced on Feb. 10.
...
■ ■
.
•
■
The present loan,
he said, is payable on or before Jan. 31, 1950.
Since Dec. 31,
1948, the corporation has reduced its long-term debt
$400,000 to $3,600,000.
"We are planning a lower price level for our merchandise in
1949
to
stimulate
sales
and
have geared
our
manufacturing operations
to this program by effecting changes in operations which should result
in substantial economies," said Mr. Sadacca.—V. 168, p. 2545.

President,

North American

111.

Nestle-LeMur

Operating

overload

during

p.

Qn

$609,289.
of

aggregated $219,745 and $241,411,

169,

great progress

H. Kindelberger,

bonds pur¬
deferred charges, $329;

interest

commisreserve for Federal income tax, $617; capital stock ($1 par
value), $46,949;
paid-in surplus, $671,110; security profit and loss
account, Dr$ 117,472; undistributed income, $3,312; unrealized appre¬

31,

Inc.—January Sales Up 4.56%—

of January—

(cost

'

NOTE—Purchases

——

—

requirements

Crl38,744
23,905,305

Dr4,869

.1

Noma Electric

Days End.

169, p. 380.

sales

—V.

cash in hands of custodian, $60,055;

$1,792;

$609,289.

ciation

1,804,405
16,171,644

Crll5,089

—

deductions

Divid.

3 Wks. & 3

End.

$20,754,957 $21,696,091 $13,388,714

—

The

659

Net

custodian

by

purchased

securities

receivable,

held

and

sion, $120;;

Dec.

10,287,700
586,431

8,197.000
584,802
1,886,180
17.193,445

21,812,327

appropriation

Balance

Chicago—Sales 4.34% Lower—
4 Wks. & 2

$13.71. at Dec. 31, 1947,

share depreciated from

LIABILITIES—A,ccrued.

reserve

—

income

Mr.

Sales'

sale of securities.

remuneration

BALANCE SHEET,

$405,612;

income

income

Gross

1948.

for pension and
(par value $1),
total, $5,974,629.—V. 169, p. 208.

including inventory, $1,423,773; reserve
retirement fund
(contra), $194,992; common stock

tingencies

Month
t.

—-

diversion

Emergency

269

1948.

ASSETS—Securities

—

taxes

about

bursing agent.
•

—

charge

York.

29,476

23,521

29,040

47,546

profit or loss

year

i.

taxes

State

contra)

4 Wks.

._

^Exclusive

taxes

income

York

New

Dividend

$124,954 applied
to tax
lower of cost or
market (less $223,793 reserve for markdowns), $2,216,688;
notes and
accounts receivable—trade and miscellaneous (less reserve), $133,253;
furniture, fixtures and leasehold improvements (after reserve for de¬
preciation and amortization of $809,168), $579,706; deposits, public
utilities and sundry assets, $1,428; miscellaneous assets, $5,220; unex¬
pired insurance premiums, rent advances, etc., $73,869; pension and
retirement fund (contra), $194,992; total, $5,974,629.

or

y"; The Fund paid the Mutual Management Co. an aggregate of $7,268
during

Corp. (& Subs.)—Earnings—
1943
1 1947
/'
s
; $•'
—— 13G.161.0G9
129,005,041
and depreciation
88,597,404 76,388,300
'

$2,436,867; U. S. tax antici¬

and on hand,

C at cash redemption value (less
liability—contra), $332,606; merchandise—at

income

net
for

avail,

754,112

$0.73

pation notes- series

National Tea Co.,
...

*3,473,586

31—

maintenance

Operation,
Federal

Net

$28,563

tax

for Fed. inc. taxes

Prov.

880,394

' '' .7

•

Operating

225,000
$2.38

405,000

$2.40

stock.

CONSOLIDATED

34,458,112
33,704,000

280.

p.

:■

Income
,

30,2.0,414
33,704,000

Niagara Hudson Power

Other

Total

9,306.394
8,426,000

$353,895

5,744

241,172

(net)

Federal

39,488,535
5,030,423

$1,389,989

$1,681,749
603,591

_

_

13,150,221
181,822

$1,440,577

amort..

13,782.148
227,718

$1,078,158

&

169,

Operating revenues

1945
$11,056,436

39,818,172
9,587,758

6,812,960
8,426,000

—

12 Months Ended Dec.

:

Canadian

selling & gen. exps...

Other

ACCOUNT

and

sold,

nulse.

INCOME

1948
1947 ' "% 1946
$14,894,113 $15,520,464 $15,285,561

1,116,839

10,321,101
1,514,707

°1,613,040

income—.

"Loss.—V.

1949—4 Mos.—1948

$6,687,565 " $6,118,095

$737,629

$840,743

—

1,005,876

9,770,991
2,958.031

Balance

Inc.—Sales—

1949—Month—1948

Period End. Jan. 31—

.

38.H12.29G

487,762

/;./■'

Net

$1.50

$1.90

....

10,333,339

72,537

income

Dividends

JEstimated.—V. 168, p. 1906,

requirements.

preferred dividend

After

._

...

.

38,371,696

9,698,454

income
(net)

oper.

Interest deductions.

J1948
1947
$25,840,000 $23,057,679
2,670,000
2,135,825

S

96,507,321 402,275,819 355,403,178
72,029,518 310,084,709 233,107,110
14,144,464 53,378,814 53,924,372

915

Jersey franchise tax

Capital

105,413,132
83,257,578
12,457,100

Operating expenses.——

$

$

£»

Operating

1943—12 Mos.—1947

1948—3 Mos.—1947

Operating revenues

Federal
bef.

Remainder

Certificates—

Co.—Earnings—

Telephone

York

New

Period End. Dec. 31—
•

$7,710,285

Co.—Earnings—

„

ASSETS—Cash

(G. C.) Murphy Co.- -January Sales Increased
Month
Sales

Central RR.—Bids for

expects to send out invitations Feb. 18 for bids on
equipment trust certificates, to mature over a period
of 15 years.
Bids are tentatively scheduled to be opened March 2.
It
will be an issue covering 80%
of the estimated cost of slightly under
$16,000,000 of equipment.
This will consist of 11 Diesel-electric road
locomotive "A" units and two "B" units, of 1,500 h.p; eucn; 25 Diesel
switching locomotives of 600
h.p. each; 38 slainless-steel sleeping
cars
and 1,100 freight cars.—V. 169, p. 605.
,

Other

Calendar Years—
Sales

1,698,451

379.

p.

this policyholders' meet¬

of

Total income

Divs.

8,165,315

413,406

493,797

Operating taxes

1,045,925

1585.

p.

$73,755,172 $59,692,132

4,875.440

expenses

192,709

231,322

26,764

20,778.

Now, at the time of

..

of the company,
the end of the

company

iV

$5,694,631 $73,986,494 $59,884,841

$6,629,816

revenues

I/ncollectible oper. rev.i

168,

Dr243,127

Dr243,127

—

Depreciation

Period End. Dec. 31—

the strong financial position
England Mutual's assets at

on

"New

$997,000,000,

.

1,082,217

111.

p.

share)

Total

Years Ended Sept. 30—

railway
income

from

.Net

surplus

"7:

8,3l9,'60^ " 5,983,312

8,557;750'

railway..._

per

(30.800 shares at cost)
since Jan. 1, 1938

stock

Treasury

130,830

73,277 M (

87,966

•

,;i,i

1%

January

'

279,650

216,888 "

<

•

•

New York
The

1945

$497,168

342,444

72,325

income...

oper.

ry;

'/V 'Frorn

$732,959

301,961''

(par value $5
surplus..

National Shirt Shops of Delaware,
1946

$486,308

1947

1948

$718,225

securities purchased

for

Capital stock
Paid-in

Monongahela Ry.- -Earnings—
December—

Gro.ssr,b'om railway
Net tvorn railway'--

accrual?

taxes

brokers

Due

169, p. 379.

Feb. 15.—V.

on

for

Reserve

and

payable

Accounts

Earned

Missouri-Kansas-Texas RR.—N. Y. Registrar—»
The
Bankers Trust Co.,
16-.' Wall St., New York, N. Y., has been
appointed New York registrar and New York paying agent for the
'2%% equipment trust certificates, 1949 series.—V. 169, p. 605.

the

was

LIABILITIES—

Light Co.

&

Power

50,000 shares

1.948

have passed one billion dollars.
allocation of $13,800,000

$12,300,000

1,243
48,741

As owner of 550,000

;-

in

maintains the 1948 scale
and
is $800,000 larger than
the amount apportioned last year, due
to
the increased business of
the company.
Our total surplus, now
$66,455,000, including an investment fluctuation reserve of $16,000,000,
was
Increased by $5,120,000.
This increase kept pace with the gain
in assets,
the ratio of surplus to admitted assets of 6:6% being the
same as at the end of 1947.'*
'
Receipts from insurance and annuity premiums exceeded $100,000,000
for
the
first time.
Income from investment brought the total to
$133,000,000.
:
v
"Opportunities for investing the company's incoming money in 1948
were
more
favorable than in recent years," Mr. Smith pointed out.
"The
average
rate of returp* on new investments showed a healthy
increase.
It
is too early to say whether the upturn-Is more than
temporary,
but our net interest rate on mean invested assets ex¬
ceeded by a larger margin than in recent years the amount necessary
to maintain all insurance and annuity reserves."—V.
168, p. 2327.

$4,302

2,592
10,049

expense

Total

shares (84.6%) of the outstanding stock, Amer¬
(New York) will exercise its right to purchase
of the new shares at the aggre¬
gate subscription price of $1,050,000.
:
Qualified dealers will receive 25 cents for each of the remaining
(shares as to which they are instrumental in effecting subscriptions,
Minnesota also has on lile with the Commission a $4,000,000 bond

5,830,682

issued

dividend

"The

1947
$260,680

1,551,119

$7,346,156

Deferred

share.

owned

and

Dividends

on

securities,

and

31

1948
$325,995
724,735
6,238,020

ASSETS—

Cash

on

company

928,703

Dr641

$1,336,132

Stocks

& Light

Minnesota Power
■The

Dr474,706

Dividends

500.

p.

$271,617
876,975

£>r307,834

(net)

&

169,

$156,020
1,559,072

Dr296

Fed.

Mfg. Co.—Definitive Debentures
.v-'.Definitive 2%$^ sinking fund debentures due Oct. 1, 1967, are now
"•"■available for delivery in exchange for outstanding temporary coupon
debentures at the Guaranty Trust Co.
of New York, 140 Broadway,
York,

$115,002
1,845,349

se¬

Total

j stockholders ;not in default of their purchase contracts on Dec. 31 of
'the years 1949, 1950 and 1951, a pro rata share of 10% of the
company's net profits alter taxes, proportionate to the number of
^shares subscribed or held by employees on that date.—V. 169, p. 604.

'New

$270,878
1,373,384

1.

sales of

■

said:

were

they

ing,

than

more

other three-year
President, stated at the

in any

as

in the company's history.
Insurance in force
of $162,000,000 during the year, and is
now
This is more than double the amount in lorce at the

1929."

Smith

'year

issued

has

company

insurance

life

gain

Commenting

In
Mr.

52,382
28,788

items

.

/Minnesota Mining

$352,787

57,262
23,895

this

years

new

year

net

a

of

end

adjust, prior years'

Net

will distribute to employee

.

$237,177

55,980
15,865

much

as

$2,610,000,000.

,14,988

$186,847

postwar

three

largest

showed

64,563
18,082

income.

at Jan.

surp.

from

SURPLUS

26,252

•

the

again

Co.—New Busi¬

Largest in Its History—

in 1948 Second

second

AND EARNED

England Mutual Life Insurance

period in its history," George Willard Smith,
company's 105th annual meeting.
"The
$'259,000,000 of new lile
insurance

31, 1948,

20,157

$353,523

.

expense

curities

employee-subscribers to share in profits of
has been set up as part

for the next three years also
.of the second stock purchase plan.
Under terms of this agreement, the airline
the

Profit

half

1945
$337,799

12,099

expense—

ordinary

Earned

13,273

for the

arrangement

An

Net

Dec,

on

1947 %
1946
$166,690
$210,925

1948
$341,424

31—

divs.

income.—

Management
Corporate

corporation

the

605.

169, p.

"In

time to

of

decrease

a

New

capital stock in 1948.

own

of its own stock, from

INCOME

ORDINARY

OF

income

Total

of

stockholders

of

cash

from

Interest

employees and officers of

to

did not buy any of its

Years Ended Dec.

Income

3.

Feb.

on

in instalments over a

be made

4

movement
to .further

stock purchase plan, whereby some 450

common

—V.

comparison with 3,688 a year ago.

in

STATEMENT

employees
to' participate in an original issue offered Jan. 15, 1948,
in company ownership and earnings, w(is announced by

second

A

number

3,554

was

to Employees—

rMid-Contineiit Airlines, Inc.—Stock

f

.'

and out of

into

gas

$14.76

it intends to purchase shares
conditions warrant.

as

The

Lansing, Michigan, to increase the
-company's capacity for transporting gas to its storage fields.
The
company
plans to drill 41 new wells in the Winterfield and
the Panhandle lines to

Michigan on

Feb. 4 week is reported at 260,657,000 cu. ft.
19,514,000 cu. ft.^ or 6.97%
below production
the corresponding week a year ago.
Jan.
31, the Association
reports electric
output of 67,417,730 kwh.
This is a decrease of 3,141,020 kwh., or
4.45%
below
production of 70,558,750 kwh. for the corresponding
month a year ago.
„/
• ,
Gas
output for January, 1949 is reported at 1,041,600,000 cu. ft.
This is a decrease of 106,727,000 cu. ft.,
or 9.29%
below production
of
1,148,327,000 cu. ft. lor the corresponding month a year ago.
the

for

output

is

280,171.000 cu. ft. for
For
the
month
ended

ness

corporation

time,

ago.

Gas

of

subsequent years.

However,

igan cities and towns.
Chief
item on
the

This

Share

6,876,253
8,040,237
13,307,198
9,240,918

1947

31,

—

>.

Paid per

Paid

$290,203
$0.65
15.40
111,619
0.25
18.01
602,741
1.35
Dec. 31, 1945
29.81
1,004,568
2.25
Dec. 31, 1944
20.70
334,856
0.75
No
allowances for Federal
income tax on unrealized appreciation
have been deducted from the net asset values indicated above.
Prior
to the decision' that the corporation should qualify for taxation as a
regulated investment company it had reported net assets after deduct¬
ing such allowances.
Consequently, the net asset figure for 1944
shown above has been restated for purposes of comparison
with the

Dec. 31,

Co.—Budget Approved—

A-VMichigan Gas Storage

year

Dividends

Share

per

$6,592,031

1948

31

Dec.

'

7,485,600 119,113,300 113,012,700

7,433,500

Sales

Net Assets

kwh.
production of

below

Dividends

Net Assets

¥

Electric Association—Output—
this Association reports electric output
This is a decrease of 708,442 kwh.; or 4.40%
16,113,743 kwh. for the corresponding week a
Feb. 4,

ended

week

the

15,405,301

of

comparable

of several prior years were:

figures at the close

169, p. 207.

Mercantile

n

Robinson,

F.

England Gas &

New
For

President, Jan. 28, said in part:
indicated value of net assets on Dec. 31, 1948, and

Frederick

1949

Monday, February 14,

FINANCIAL CHRONICLE

&

Corp.—Annual Report—

National Aviation

Sales Up 9.8%-

Melville Shoe Corp.—January
1

COMMERCIAL

THE

6, (702)

Aviation, Inc.—Annual

Report—James

Chairman, and J. L. Atwood,

Jan. 12 said in

President,

part:

-

%

1948 fiscal
year
amounted to $94,782,739, an increase of $74,273,748 over the
1947
fiscal
year.
Net income after all charges,
including provision
of $4,000,000 for payment of Federal taxes on income, was $6,779,561.
This net income equals $1.97' a share on the 3,435,033 shares of stock
outstanding, or about 7 cents of each dollar of sales and other in¬
come.
In 1947, the previous fiscal year, the company reported a net
loss of $28,259 from operations after tax credits.
'
A
dividend of 50 cents per share on the company's capital stock
was
declared
by
the directors on Aug. 27,
1948, and paid on
Net

sales

and

other

income

of the company during the

1

Volume

Number 4777

169

THE COMMERCIAL & FINANCIAL CHRONICLE

'

With, substantial financing

(than' in Illinois,

{ on/Dec, If/ 1948/; The compiahydoes .not maintain a regular dividend
rate, but? rather declares arid pays dividends. %hen; in the judgment of
the-board of directors, • the company's* profit and financial position
:
justifies such payment. Since 1937 dividends have been distributed
1. to stockholders? in every fiscal, year except 1947, when postwar ad¬
justments led' the-' directors • to .conclude that conservation of cash
;
resources -was of
primary importance to the corporation and its
.

stockholders.

'

.

dhring

1948'

filled

...

orders

the

by

not reflected in the

Net

over

1948, amounted to $40,178,687,
at Sept. 30, 1947.
The cash balance
30, 1948, was $11,307,020, representing a substantial increase
the cash balance of $5,219,007
at the end of the 1947 fiscal
with

$36,608,018

sold its interest in this company on June
comprised 1,000,061 shares of capital stock,
or approximately
29'; of the 3,435,033 shares outstanding. The stock
was
sold to the public through a group of about 115 underwriters at
a
price of $12.75 per share.
North American Aviation received no
part of the proceeds of the sale.
As compared with
29,494 stockholders of record at Sept. 30, 1947,
there were 30,835 stockholders of record at Sept. 30, 1948.
Motors

General

The

1948.

Corp.

interest

INCOME

CONSOLIDATED

ENDED SEPT.

YEARS

FOR

ACCOUNT

sales of

Net

The

'

♦Other

parts,

airplanes,

income

i

Total

sales

and

INCOME

Net

income

Earned

on

$6,779,561

._

32,514,979

at beginning of the year—.
balance of res. for conting—

of

Provision

State

Gross

income

income

t$28,259
28,102,758

(before

in

Earned

income

of
$328,359
and
license
fee,
$143,280;
1947
includes license fee of
$500,000.
tLoss.
f 1947 estimated
credit arising principally from
carry-back of 1947 net operating loss.
Sin the 1947 annual report
item

this
:

i

adjustment

shown

was

as

renegotiation

1946

on

*Preliminary.—V. 169, p.

inc.

990,000

in

S.

States

Year Ended Dec. 31—

Operating

1948

Patents,

for

operating inc.

equivalent

4%

108,650

in

$2,260,473
247,916

$1,800,732

$2,508,389

596,536

888,348

$1,620,041

27,135

27,135

1,185,000

in

5',;

on

common

—V.

169, p.

SHEET,

BALANCE

CONSOLIDATED

30
1948

1,072,198

preferred stock
stock

income

to

Earnings

per

Based

1948

corporation

Cash

shares

of

168,

$

$

$

United

Other trade acets.

1947,

$59,904:

105,380,300

27,865

255,343

9,233,230

8,427,043

105,124,957

expenses

7,139,063

6,436,090

1,155.163

1,065,424

79,062,724
13,812,605

67,636,068

taxes

Operating

revenues

net

refund

claims,

principally
erating

Fed.

of

from

& accrued
taxes

items—
arising

706,754
747,060

inc.

on

carry-back of 1947 net op¬

11,150,748

loss
and

work

materials

Raw

Accumulated costs
Investments

in

progress

r-'-_

cngin. serv. contracts—-

on

i——.—

-

•Property, plant and equipment
Deferred charges (taxes, insurance,
Total

83,328,766
10,056,061
272,209
34,357

1,733,999
683,163

——.

515,982

etc.)

6,746,474
102,861
34,769

LIABILITIES—

of

Fed.

Accrued

inc.

accrued

Other

&

$3,376,815
exc.i

Accrued

salaries

and

Refund

accrued

in

of

contracts

for

accrued

Other

Progress
sales

payment
loss

for

1-

1,300,006

907~814

2,712,696

1,992,044

—

wages..

with

and

and

deposits

contract

in

Net

63,689,563

Earned

surp.

Total
•After

reserves

for

and $4,064,120

1948

depreciation

and

3,435,033

3,109,938
37,577,024

amortization

of

$4,423,046

in

Stock of Coal Firm

compliance

mon

as

a

capital contribution to Union Electric,

stock is owned by North American, of certain

all fo whose com¬
West Kentucky Coal

properties and equipment, and for the subsequent distribution of. West
Kentucky Coal stock to North American stockholders on a l-for-10
basis.

submitting the plan to the SEC, Herbert C. Freeman, President of
North American Co., said the transfer of West Kentucky's Ohio River
properties will result- in substantial economies and improved efficiency
of operation for. Union Electric.
He explained also that Union Electric
would be in position to construct new power plants in Missouri rather
In




1946

5,108,721

6,121,654

5,211,346

expenses—

of

9.

separate

com¬

approximately 1,500
with other firms.—

jointly

Sales

reported

exceeded

that

those

the

of

com¬

the

pre¬

the

to

slightly downward trend
exceeded In volume only by

were

1946.—V.

and

11

had

1948

counter

run

1945

Higher—
Feb.

on

in

169, p. 10.

1949

1948

1947

849,130,699 $47,983,127 $44,277,876

on

96,911

127,138

$73,272

$1,302,596

$1,090,206

24,750

28,583

39,196

purch., etc.)

$98,022

$1,331,179

$1,129,402

27,771

37,267

to

and

Canadian

Capital

earned

to

shares

Gross

168, p.

22,515

2,441

Net

ry.

This

in

44(ooo

634,400

from

$657,070

ry.

$656,937

694,232

594,288

594,242

$0.01

$1.10

$1.10

California

to

pany

before

issue

June

828,920

at

30,

tubes.—V.

will

be

and/or

169,

and

V.

to

shares

share.

a

in

the

shares

to

be

The
ratio

held;

has

from

from
ry.

i-eimburse

be

the

offered

of

a

date
r

for

to
.

previously

be

five

each

used

to

repay

temporary

fixed

by

treasury for expenditures made

in

from banks
expansion.—

■

par

tion

with

The

.z

••

value
the

writing with

is

planning the issuance of
preferred stock.
The issue is

SEC

company

is

Blyth

within

the

carrying
«fe

Co.,

The

v

■

'•'

from

ry.

income

169,

312,548

717,747

*14,530,667

32,311,073

69,293,118

25,917,224-

87,180,539

607.

p.

next
on

two

Inc.—V.

168,

100,000 shares of new
scheduled for registra¬

weeks.

negotiations
p.

1948

1947

1946

1945

$715,835

$769,319

$744,149

$614,459

*161,049

*69,095

*109,100

*138,176

*446,914

*306,920

*279,427

*358,296

11,646,558
*320,960

11,432,302

11,044,394

11,314,508

637,856

763,059

2,104,628

*3,243,540

*2,208,890

*1,652,196

*624,040

Income

railway

oper.

income

169, p.

ment Extends
The

of

113.

this

to

air

Support—

Government of

Aviation,
carrier

through General Jose Villanueva, Minister

Peru,

announced in Lima that it was extending support
only non-subsidized international scheduled
in the world.
C. W. Webster, Execut've Vice-President and
on Feb. 3

corporation,

the

■

concerning

the

»

:

under¬

2229.

Co.—Improves Portland Office—

stated

the line,

Manager of

the financial

that details of

as¬

sistance being extended PIA have not as yet been settled, but are being
worked out between government officials and representatives of the

/'

airline.

question

sideration
as

that

official

of

since

March,

country's

:

'

support

1946,

designated

when PIA

air

/.

Peruvian has

for

carrier,

Mr.

"This extension of governmental support,"

been

under con¬

first certificated by Peru

was

Webster explained.

Mr. Webster said, "will at

least partially offset the heavy U. S. Government subsidies which have
been enjoyed by our t<vo principal competitors—-Panagra and Bfaniff

Airways.
Peruvian

Under
and

airline

a

bilateral

the

agreement,

Peruvian

permitted

to

signed

Government,
operate

our

between

by

the United' States
is the only

company

Lima

and

American

cities."

is

investing approximately $100,000 in new equipment
and improvements at the Portland (Ore.) Zone office, it was announced
on Feb. 4 by C. E.
Briggs, Assistant General Sales Manager, who discompany

3,784,783

999,982,900 903,268,089 822,007,585 936,453,411
167,136,923 113,390,548
76,331,185 152,505;980

railway

Government

Packard Motor Car

1945

$64,300,576
*39,048,146

railway

from

The

$100

1946

1947

.

loans

Pacific Lighting Co.—Plans New Issue—
company

Corp., also <of New
$1,200,000 to that
the Pennsylvania

5,071,990

railway

oper.

Net

stockholders,
as

share

one

on

to

stock,

new

com¬

169, p. 606.

The

of

acquire

Peruvian International Airways, Lima, Peru—Govern¬
the

■

,

to

January 1—

General

will

funds

7,069,904

income

"Deficit.—V.

authorized

.

proceeds

addi¬

.Assiocifited

10,424,914

railway

Net

112.

p.

Commission

common

preferred
<'

directors.
The

Utilities

$100
offered

Utilities

contribution

the

$82,065,718 $76,770,690 $66,667,791
;

railway

oper.

Net

announced on Feb. 9 that it has acquired a 50%
Tube Research Laboratories of Clifton, N.
J.,

Public

60,000

Pennsylvania Reading Seashore Lines—Earnings—

Pacific Gas & Electric Co.—Stock Authorized—
The

has

company

parent,

2546.

p.

December—
Gross

Gross

111.—Acquisition—

Television

television

168,

Public

capital

With

1948

"Deficit,—V.

Net

of

it

railway

oper.

Net

428,900

$3,736

surplus

Electric Co., Chicago,

manufacturers

its

to

sell

income

outstanding-

corporation

General

cash

railway

from

From

interest

stock

common

Issuance—

this

issue ,*nd

From January 1—

6,372

746.

Oxford

Stock

program,

to

York, for $1,200,000 cash.

a

provide

from

from

Net

share

per

par

parent,

stock.—V,

37,192

exchange

foreign

New

authorization

$20

its

make

Co.—Seeks

construction

for

December—

discontinued

on

of

of

general

Pennsylvania RR.—Earnings-

plant

oper.

operations

(disc,

profit

Earnings

plan,

transfer

two

an

government's

Feb.

$6,398,463

,

filed with the SEC jointly by North American Co., Union
Electric Co. of Missouri and West Kentucky Coal Co. provides for the
The

of

SEC

latter's

will

Electric

1947

Normal and surtax

interest in West Kentucky Coal Co.

stock

sales

whole.

a

its

shares

company

$7,551,387

etc.

announced,

with requirements of the Securities and Ex¬
change Commission under the Public Utility Holding Company Act,
this company on Feb. 7 announced a plan for divestment of its 100%
further

Subs.)

sell.,

151,535

from

Wise.,

taxes:

3,109,938
32,514,979

in 1947.—V. 168, p. 2545,

North American Co.—To Pay Out

(&

Co.

1948

ship'g,

admin,

service

from

common

In

Manufacturing

&

;

paid,

products,

$121,015,127 $86,165,253

-

sold,

amort

profit

Total

Int.

37,384,586

3,435,033

reached

the

on

with

compared
owned

or

President,

thus had
as

the

Electric Co.

593,492

12,405

surplus ————————
(accumulated since Dec. 31, 1934)

Capital

tional

Gross

1,190,685

progress.

Capital stock shares of $1—

and

and

Other income

under

received

owned

January—
I—

to

Net

—V.

254,518

1,819,189

—

——;——_——
on

11,978,872

equipment

Net

rcncg.

materials—

liabilities

contracts.

Reserve

12,158,013

12,325,166

$5,333,528

general

3,740,347

connection

war

12,249,628

895,964

2,024,277

taxes-

profits

taxes——

925,529

960,829

products

Deprec.

$3,000,000

——

theatres,

650

wine

years

finance

939,004

income

charges

sales

Fed.,

payable—banks
payable

Notes

have

end

theatre

Pennsylvania (Electric

12,964,413

169, p. 380.

Loss

Accounts

to

reported

for dividing the firm into
production and distribution

Schulte,

war

applied

3 Months Ended Dec. 31—
Net

_$121,015,127 $86,165,253

__

Department
decree

was

169,.p. 208.

York,

56,526,768

3,392,968

—

supplies—

and

—V.

Cost

Inventories—generally at lower of cost or mkt.:
Contracts

operating

after

Net

Outboard, Marine
97,255
299,526

D.

Sales

2,513,649

——

it

92.758.494

Operating

(less reserve: 1948,

A' notes

to

600

Month of

93,041,571
283,077

The

$60,0001

Sundry accounts,
Estim.

$5,219,007

11,710,983

departments*

Govt,

a

industry

two

—V.

1947

receivable:

notes

States

14,450,166

(J. C.) Penney Co.—January Sales.2.39% Higher—

s

8,454,908

24,885

rev._

firm,

The

now

liquor' and

the

1948—12 Mos.—1947

9,258,115

oper.

11,308,020

of films, the other
operating firm would also have to
substantial number of theatres, ending up with a circuit

Co.—Earnings—

1948—Month—1947

revenues

Uncollectible

11,308,020
15,481,613

Justice

consent

a

the

handle

to

theatres.

Arthur

pany's

the

Oper.

150,000

784,227
2,380,400

2,380,400

Park & Tilford, Inc.—Sales

$1.19

outstanding.—V.

stock

common

of

against
provides

ceding year and

Ohio Bell Telephone

150,000

/ 865,758

1947

.

of

Net

$11,307,020

-

and

Accounts

v

decree

the

and

terms

wholly
168, p. 2689.

$537,349

$0.70

2689.

p.

1963-

etc

113.

p.

probably

V.

$315,968

share—.

450,235

on

to

insurance

466,971

23.804
1.837,000
12,200,000

$46,409,611 $45,028,724

get rid of

Co.—Earnings Lower—

taxes

common

instal.

ann.

-

23,804
2,043,089
12,200,000

income

on

$300,000
1,128,134

496,850

pfd. stock (par $100)__
(1,473,039 shs. no par)
surplus

operate

of

after

$300,000
1,160,076

conv,

panies—one

606.

Oak Manufacturing

taxes

compensation

agreement on
anti-trust suit

SEPT.

ASSETS—

Federal

theaters

Net

$46,409,611 $45,028,724

interest, sundry taxes, etc
preferred stock (payable Jan. 15)

on

cum.

The

1947)

income
on

407,100

wages,

notes, maturing in

The
Net

1

561,953

charges

Paramount Pictures, Inc.—Agrees to Separate Produc¬
tion and Theatre Business—

equiva¬

deductions

Dividends

deferred

7,944,995
11,512,691

VI

Total

$1,591,003

1947)

deducting charges

reduction

tax

goodwill™

-

Earned

209,729

(before

to

reduction

245,104
6,274,112

charges

(net)

inc.

lent

tax

and

77^268

114,970
5,997,543
7,939,757
13,126,497

in¬

on

Common stock

$1,204,196

Other income

Gross

to

taxes

809,450

81,200

deducting

and

428*446

73,837

—_

Reserves for

1,027,073

taxes

(before

Federal

of

3;443,460

271,453

—

^

—V. 169,
Net

*

advances——

Reserve for product guarantees,

831,600

1,155,269

taxes

Prov. for State income

refunds

net

Estimated

705,773

taxes)

11,051,034

3,257,415

notes, instalments due within one year_.
Accounts payable, trade and miscellaneous

3'/4%

701,400

income

income

reserves—

expenses

Total

1947

871,440
than

Federal

June 30/48
$3,644,508

83,295,973
11,770,209

.

at cost

3%%

4,061,973

778,787

(other

Prov.

Dec. 31/48

trademarks

Prepaid

$9,804,993

Maintenance

Taxes

SHEET

Investments, etc
Property, plant and equipment, at cost-

5,630,222

6,152,821

;i

—

BALANCE

LIABILITIES—

$11,331,920

revenues

Operation

$1,883,032
81.24

and

renegotiation rebates
Inventories, at lower of cost or market.

Subs.)—Earns.

(&

435,432

"$1,962;877
81.30

£0,71

current

990,000

357,333
6,308,370

(Wis.)

for

hand

on

securities,

less

Accrued

Co.

$1^73,514

80.67

income

and

come

606.

Power

net

banks and

Dividend

Northern

sh.__

com.

Govt,

To

(

per

Estimated

$9,606,312

stock

common

,490,123
.$1,005,692

Sundry, less reserves
Employees, incl. expense

265,201

$9,982,424

on preferred
stock, $3.60 series
Divids. pfd. stk., $4.80 scr. (issued August 1948)

Dividends

7,178,560

Income

Trade,

equiva-

1

384,423

$8,512,015 $17,271,904 $16,051,684
6,902,179
14,261,982
13,240,008
536,321
1,0.47,043
928,642

Notes and accounts receivable:

Operating

income credit.

special

a

for

provision

of

U.

$13,110,052 $13,294,161
3,127,628
3,687,849

_

Period End, Dec. 31—

$37,577,024 $32,514,979

surplus at end of the year
includes

*1948

621.300

Dividends

1,717,516

1948—50c a share——

29,

6,007,700

627,600

1947)

(net)-

exps.

CONSOLIDATED

6,121,000

charges

deducting

244,948

$8,674,376

ASSETS—

6,858,586

taxes

1948—6 Mos.—1947

$8,267,067 818,887,480 $ 15,616,251

197,015

____;

and

Cash

5,865,000

taxes

deductions

Net

$39,294,540 $32,514,979

dividend Sept.

1947

250,279

reduction

tax

$8,477,360

and

previous periods includes
only the dividends received from Fibrebo'ard Products Inc. in -which
exactly 50% of tlje voting stock is owned.

YEARS

7,608,489

taxes)

(net)

inc.

to

received

NOTE—The

operating income (before deducting chgs.
equivalent to tax reduction in 1947)--—j— $12,859,773 $13,028,960

Income

1948—3 Mos.—1947

—

sales—^—________

Dividends

Net

Net

Other income

Paraffine Companies, Inc. (& Subs.)—EarningsPeriod End. Dec. 31
Net

Net

* 6,420,000
than jncome

for Federal

Last year

Prov. for Fed. inc. taxes

$68,716,863 $61,733,804
30,892,909
25,527,997
4,187,093
3,824,261

T

Six Months Ended Nov. 30—

4,440,480

Total

Cash

CALENDAR

FOR

Depreciation

2,602,673

4,000,000$Crll,700,000

income—

the year

for

surp.

{Transfers

taxes

ACCOUNT

—

Provision for

*

Packard shipped nearly 1,250

new cars into, the Zone, Mr.
shipments totalled 2,870, and Packard expects
"a substantial increase" over that figure
during 1949.—-V. 169, p. 112.

Costs

(Minn.)—Weekly Output—

Operating revenues
Operation

49.5T7

charges—

miscellaneous income

and

Provision for Federal

$94,782,739 $20,508,991
29,602,316

;——

—

™———-81,603,383
service,
&
engineering
2,350,258
state franchise taxes, etc.

selling,

develop, cxps.,

Interest

income-

other

and

admin.,

///>,;..:/

/:

Maintenance
(other

'

1947,

Total

*1948

Taxes

In

Briggs said.

regulatory

of

of this company for the week ended Feb. 5, 1949,
totaled
67,195,000 kwh., as compared with 63,388,000 kwh. for the
corresponding week last year, an increase of 6.0%.-

Income

$94,129,710 $19,855,321
653,029
653,670

etc.——

-——

sales

Of

Gen.

approvals

necessary

output

Dividends

Cost

the

to

Northern States Powep Go.

CONSOLIDATED

oars;

profit of foreign sub.

subject

is

169, p. 112.

He said

to do a, wholesale\ volirme -of neaTly-$13,,OQO,OOQ in *
parts- and accessories during 1949- In fthe Portland Zone.
,
v.
A two-story building; the structure, contains' 20,450 sq, fta-df. spaed,
of which about 15,000. sq. ft. are used for
parts,.and accessories storage,
3,000
sq.
ft. for car
display and the remainder for -second-floor
new

offices.

outstanding.

program

Electric

30

1947

1948

;

1 '•;/

Depreciation

;

year.

3,

securities

modernization.program is about ,85%complete.

,7

that Packard expects

r,

Kentucky Coal Company of approximately $2,": • ■ ,.' ■ • ■, /" '
Within 90 days after the completion of the proposed transfer of this
part of the West Kentucky properties, North American proposes to
distribute, as a partial liquidation to its stockholders, the entire com¬
mon stock of West Kentucky Coal Co.
These holdings, amounting to
857,264 shares, would be distributed to North American stockholders
at the rate of one share of West Kentucky common stock on each 10
shares of North American stock held.
West Kentucky has no other

"

at Sept.

closed that the

of

West

of

'•. "*

950,000.

working capital at September 30,

compared

as

company's accounts.

books

the

on

authorities.—V.

...VAfter the close of the fiscal year/and just prior to the release of
this
report,
the Air Force announced
a
reallocation of its pro¬
curement
funds "in line with the President's budget message/
nvotving the cancellation of certain
orders.
The cancellations in¬
cluded
approximately
$75,000,000 of North American orders,
com¬
prising 51" of the 190 B-45 airplanes and 118 of the 120 I?-93 airplanes
previously contracted for.
Since the terminated units were scheduled
for delivery largely in 1950 and 1951, relatively little work had been
done
at
the
time of
the terminations.
However, the terminations
and
resulting
adjustments of
the company's production schedules
necessitated the immediate layoff of approximately 2,200 employees.
Sales for the year ended Sept. 30, 1948, include $52,857,624 under
"price-revision"
contracts recorded on the
basis outlined in the
preceding paragraph, of which $29,032,992 is under a contract as to
which
retroactive
price
revision has been settled and prospective
price revisions arc not expected to be made, and $23,824,632 is under
contracts as to which
retroactive price revisions have not yet been
negotiated.
The amounts recorded as sales and charged to accounts
receivable for
articles delivered during the early stages of "pricerevision"
contracts
generally
are
in excess of
the billing prices
therefor and in the later stages of the contracts generally the reverse
is true; such excess included in accounts receivable at Sept. 30, 1948,
(based
on
including in "billing prices" adjustments expected upon
approval of open change orders) amounted to approximately $90,000
(net).
It is believed that the
amounts of sales recorded on the
basis set forth herein are reasonable but the exact amounts cannot be
determined prior to completion of price-revision proceedings.
The
net
book value of property,
plant, and equipment increased
by $1,658,969 during the 1948 fiscal year.
Gross capital expenditures
were
$2,069,090, and depreciation of $382,343 was provided during
the year.
The. cost of the Government-owned facilities used by the
company during the year and provision for depreciation thereof are

This Is

,

great importance, He added, iri view of the fact 'that*" for the 15 years
through
1962, Union 'Electrlcts construction'/expenditures' are estimated at $405,000,000, of which $232,000,000: will have to be raised
through additional security financing.
• •
V ..." .>. • v.
\ % /" . /
The West Kentucky coal properties which North American proposes
to transfer to Union Electric have an aggregate net depreciated value

production

30,
1948,
reflecting substantial
Government in this period.

Sept.

on

placed

$203,000,000

from

increased

the company'? backlog of un¬
on
Sept.
30, 1947,
to

1947,

with

compared

as

orders'

$380,000,000

.

.

The, company's principal customer during the
1948 fiscal year
"the United States Government,: and the bulk of sales to the
Gbvernmerit Consisted of airplanes and parts ordered by the U. S.
Air Force and U. S.
Navy.
Despite the material increase in sales
was

advantages..

1703)

Mr.

Webster said it is

probable that

a

representative of the Peruvian

Government will be elected to PIA's board of directors.—V. 168, p.

1047.

8

electric

of

Feb.

ended

week

output

4,397,000 kwh.,
169, p. 607.

to

Bankers'Trust

The

and its subsidiaries for the
156,952,000 kwh„ an increase

company

amounted

1949

5,

appointed
series

\

.

y.7''/'

>

v

1947

expense
Maintenance
j__

205,266

175,956

30,594

$127,812

revenues—

$188,996

23,382

—:

oper.

36,000

-c...

.-.u..

——

———.A——7.

charges

V': 1,723

Net

Other

lucome

taxes

53,872

—

income

to

surplus

Deductions

NOTE—Starting
formed

—V.

the

to

168,

Jan.

tax

income

Philco

Extraord.

purposes.

Corp.—Acquisition—
Feb.

on

(Pa.)

Co.—V.

Tube

169,

$210,059

$189,897

$888,258
268,999

137,930

Net

income.

$178,870

$184,056

$619,259

$221,970

(Cr)_

104,183

370,515

280,213

70,933

425,440

222,648

557,783

$129,131

$676,824

$431,796

94,466

54,177

326,315

K.

S.

President,

$117,659

$74,954

$350,509

$186,623

inc.—

net

Feb.

pursuant

that

announced

8

surplus—

"Deficit,—V.

Based

loan

term

IMew Chemical

>

,

to

Discovery—

trust

manufacture

to

The
is

ramie

beyond

discovery
and,

in only 5 hours

states.

of

technology

"These

The

first

public

noteworthy

a

in -the

achievement

synthetic rubber production," Dr. Reynolds
polymerization systems are inherently

of

cold

of

rubber

Phillips

made by

was

April

l, 1947.
In tracing the history of cold rubber, Dr. Reynolds
pointed out that chemists have known for many years that emulsion
synthetic rubber improves as the temperature of its preparation is
lowered.

•

/

.

Net

v"\

of

the

was

immediate

office

Rubber

of

important

an

Reconstruction

Reserve,

factor

in

enabling

each

advantage of the findings of the other

test

to

the

start

involving tires
member,

of

commercial

prepared

Copolymer

firmly

by

Shore

the

Rubber

&

of

Dr.

Reynolds

explained
rubber

that

plants

"the

present

production at the exti'emely rapid rate

"However, advantage
through the use
"At

may

and

some

time

in

be

can

rubber

of

the

government-owned

not "designed

are

costly

future,"

said

handle

to

cold

to

lower

the

169,

$1.01

output of

the

ended

increase

of

3.3%.—V.

169,

p.

The

directors

have

payable Feb.
®

p

declared
to

25

of

cold

Portsmouth

Steel

share quarterly,

of

Feb.

IVz

cents

and,

Corp.—Earnings

Earnings
The
share
Feb.

E.

the

on

15.

A.

charges

have

declared

This

25

cents

share

per

March

$3.03

previously

to

paid

holders

each

cents
of

around

quarter.

double

168,

p.

a

Adams

director

Since

Koons

&

of

was

the

for

six

1907.

years

United

Vice-President

States

Steel

Corp.

in

of

charge of

sales

and

Co.

Mr.
of

New

Adams

has

York.—V.

been

Delaware.

168,

p.

with

associated

'

1907.

Nov.

(& Sub.)—Earnings—

Charles

A.

,

notes,

exps.__[

of common

has

been

made

$15,659,000 in 1943.—V. 169,

$4.03
for
p.

U.

381.




S.

and

269,085

'

'»

y

627

inc.

on

17,622'

162,039

foreign

income

$3.15

taxes

of

fiscal

previous

the

41,266*

40,044

SHEET, NOV. 30,

investments

payable,

and

transferred

of

37,066

dividend

$37,331;

accrued

taxes,

stock

(issued

and

and

(less

149,355 no

(net),

$146,-

U.

stock,

common

etc.,

$6,946;

S.

preferred

on

issue

p.

City

company

of

the

Treasury tax
$486,1801,

government

of
will

the

national

security

rv\V

about

/

:v

of

the

clause.—V.
V ■'

no

stock

(1,650

(6,295 shares
shares at cost),

of

Safeway Stores,

p.
.

,

-a

at

price

a

in

United

Stores

in

Canada

169,

p.

States

■

at

'•••'■

V."'*-..

'

end

of

end

of

1948
$89,759,887

period

5,851,703

2,095
137

period

.

Co.—Earnings—

Net

'

income

taxes—

Fed.

Gross

chgs.

Dividends

168, P. 1804.

—.

$3,100,313

13,642

l,54o

$3,182,859

$3,101,854

,

1,507,482

375,000

1

1,228,059
$1,954,798

special charges)—

dividends

dividends

615,438

528,807

554,282

422,729

' 325,466

$1,218,630

$1,080,957

$1,104,042

441,016

390,463

277,462

$1,471,421

$1,381,505

taxes..

.

and

other

ou

148,206

due

$1,594,370
375,000

1,240,000

148,205

148,205

$1,245,425

$1,073,130

$881,993

428,176

pld.

common

356,814

356,814

$2.91

$3.00

$2.47

stock

share

1948 the company issued and sold an additional $1,000,-

principal amount of

first

and collateral

mortgage

and 71,362 additional shares of

1978,

outstanding

the

351,306
$1,030,199

shares

common

per

In November,

ing

250,085
$1,221,335

*

Number of

Earnings

266,075
$1,393,631

deductions

f

accrued

common

SKF Industries, Inc.—To Equip 170 India
A

order, for

$500,000

locomotives

Feb.

8

by

H.

DeMott,

include
170

the

168,

roller

country

said

of

spherical

for

bearings of the

roller

and

Works,

Vulcan

Iron

Eddystone,

Works,

journals

the

build

Barre,

140

of

Pa.,

the

others.

the

2692.

Ltd.—Earnings—
1948—3 Mos.—1947

p.

$1,132,815

176,360

643,800

552,565

60,044

198,356

186,656

150,272

135,010

434,453

408,674

$12,283
169,

$1,300,777

67,945
.

$366,339

205,941

and divs.„

"Deficit,—V.

Other

for

type on the eccentric

will

Pa.,

Wilkes

1948—Month—1937

'

*$5,075

$24,168

"$15,080

11.

Co.—Earnings—

1948—11 Mos.—1947

1948—12 Mcs.—19.47

$3,774,974

$3,354,582

$4,122,861

$3,660,445

1,724,953

1,423,467

1,851,293

1,535,735

342,227

307,057

349,059

338,307

343,592

288,197

373,892

313,553

inc.)

416,699

343,964

476,940

376,024

inc.—

280,800

297,400

315,800

328,700

revenues

(other
taxes

income

oper.

equipment

anti-friction

bearings
same

on

;

$436,441

and maint.

Surplus

Net

the

Corp. above.—V. 168, p.

earnings..—

deprec.

State

steam

170

announced

Sulphur Co., Inc.—Proposed Sale—

Chemical

Period End. Dec. 31—

Federal

equip

was

1150.

Southern Canada Power Co.,

Taxes

to

India

for

11.

Locomotives

'

Vice-President,

Locomotive
p.

Mathieson

Gross

bearings

and

Southern Acid &
See

increas¬

engines.

Baldwin

—V.

stock

.'

sets

2,080

locomotives

of

this

in

this corporation.

Richard

will

spherical

built

be

to

bonds, 3%

trust

common

stock

to 428,176 shares.—V. 169, p.
,,;%/■:' i;

;'

Operating

$3,169,216

__•

(inch

296,812

299,951

703,431

a

income

16,295.244

18,704,193

_____

income

Common

inc.

income

Depreciation

_

income

Preferred

301,925

$4,265,706
1,785,675
224,901

337,762
"

taxes

(net)

Maintenance

—

income-

deductions

1946

$4,919,575
2,241,667
258,830

$3,386,408

„„

income

Operation

1947

1948

—

operating

held.

-

1947

1948

■

earnings

$21,873,410 $19,395,558

revenues

and

Corp.,

supplied by amendment; whereupon
Penn-Western will be cancelled.-

be

Southern Colorado Power

expenses

the new
the holders
66.32%) would

$1,653,706

Fed.

2,241
141

—

Years Ended Nov. 30—

operating

par).

($5

of

of the outstanding com¬
which is to be resold to

62.38%

own

„

Other income

Int.,

209.

San Diego Gas & Electric

stock

owns

2,265,377

Period End. Nov. 30—

Operating

to

which

have

would

company

each share of IPS common

depreciation

Taxes

6,520,247

1949

at

City,

for

Service

;

estimated

for

Operating

$86,851,537
_____

Stores

Sioux

common

together

IPS

than

locomotives

produce military equip¬
The lease is subject to

252.
' '■•*':■

.

sales

surviving

shares of common

:

other

Taxes

....

of Plant—

jlnc.—Domestic Sales Lower—

sales

Canadian

the

also,

Pcnn-Western

Provision, for

rods

4 Weeks Ended Jan. 29—

Domestic

cumulative

"3.75

2,C00,000

than

new

assets

preferred stock of
preferred stock"

cumulative

3.75%
of

liquidated and their
by, Sioux City.

and

assumed

share-for-share basis.

a

42 Mos. Ended Dec. 31—

on

1259.

property to
Air Force.
162,

would
out¬

existing contract relations with

savings

$1,000,000.
the

use

Department

its

Comparative income account

$232,289;

in inventory values,
par shares),
$2,649,150;

a

corporation
for

on

of

(other

and

that

and

Federal

government-owned aircraft parts plant in Chula
Calif., has been leased for five years to this corporation. War
Administration
announced
on
Feb.
8.
The
rent
is
$5,132
of

all

common would
receive 2.2 shares
share of common now outstanding; and

each

stock

shares), $149,355; earned surplus

treasury

common

company

and

loans

City

share

mon

of

series

proposal,

merger

common

Sioux

all

surviving

bank

Co.,

dissolved

shares
new

a

Sioux

for

common

IPS

its

liabilities

($100 par),

the

of

be

their

42,500

authorized

total

of

would

receive

pay¬

1933,; $3,985,172; preferred treasury stock

Dr% 152,766;

plan

4

and

'•

decline

100,920
par

on

interest,

accrued

possible

(issued

the

upon

Sioux City would acquire the securi¬
which thereafter would be dis¬

Service

Balance

assets,

dividend

$45,257;

cost

hearing

for

The

Co.

including

the merger,

Public

Co.

City

Under
a

Service

IPS

with

to,
of

will

Sioux

Holders

reserves

1948,

C—at

date

the

as

liquidated and its assets transferred to and its liabilities
Sioux City.
Also, South Dakota Public Service Co. and

Gas

IPS

of

Nebraska

by

1948

other

and

$640,404;

income—estimated

on

8

$123,987

plant leased consists of 13 acres of land and
improvements,
including six buildings with a combined floor space
of about 250,000 square feet.
The property had an acquisition cost

—V.

the

15.
ended Feb. 28,
year.—V. 168,

year

Electric Co.—Hearing March 8—

March

Public

debts

connection

of

Net

BALANCE

contingencies

portion

Net

fiscal

bonds.

Yankton

plant

$3,477,369;

15,

1948,

stock

cost),

Net

for

the

for

$1.50

of

$1.20

fixed

Iowa

the

assumed

76,458

$262,901

(est.)

of property,

preferred

common

—V.

cents per share

50

6,825

$30,401

series

for

Gross

stock

with

has

to

name

solved

2,043,978

319.559

J

incl. above amounts to

15,

$500,000;

the

of

$2,520,333

$3,381,597

2,354,595

1947

$25,938,043 $20,257,421

Provision

7,531

2,163

9,883

'1'

taxes

tax

Vista,

dividend

extra

an

Maintenance

$2,512,802

$3,379,434

$2,392,736

.

1946

1947

1948

30—

general

inventories,

reserve

Other

1948

profit

dividend

Operation

2,636,470

and

payable Dec.

Income

six Months Ended Dec. 31—
Per share

share,

y

1945,

$1,154,274, or
30, 1948,
for the' quaater

ended Sept.

sold

deprec;

Dec.

A

169, p. 209.

Co., Inc.—V.

&

*

property, plant and equipment (less

Total

Procter & Gamble
Co.—EarningsNet

1803.

p.

This

of

taxes,

common

per

expense

Canadian

Avery C. Adams, veteran of 30 years' experience in the steel
industry,
has been named
Vice-President of this corporation, E. A. Schwartz'
President, announced on Feb. 11.
Mr.

SEC

series

:

net

period last year."—V.

Ended

LIABILITIES—Accounts

per

President, stated: "The corporation is operating at
earnings for the first quarter of 1949 are running
$2,000,000, or approximately $1.50 a share, which is about
tne $1,028,545, or 79c
per share, reported for the corresponding
and

its

$8,091,513.

record

Schwartz,

capacity,

goods

for

ment

$3,944,969'

1

'

into this company of Iowa Public Service Co., Its subsidiary.
Upon consummation of the merger proposal, Sioux City would change

Dec. "31,

stock.

common

months

:

income

Assets

1947

quarterly dividend of 37Vs

payable

announced

was

for merger

its sub¬

monthly in advance.
The portion of the

$4,511,550
a

stock,

$1.33

after

three

Rohr Aircraft Corp.—Leases Part

$3,54

common

declared

Sioux City Gas &
The

000

to

share__

per

directors

three

profit,

the

.i

admin,

The

all

organizations

sales

Schenley

quarterly dividend of 10 cents per share on
payable Feb. 25 to holders of record Feb.

compared

for depreciation and
amortization of $2,213,942), $1,879,519; deferred charges, $41,692; total,

per

Higher—Dividend

1948

after

credit for refund

company and
months ended

$2,402,618

of

Interest

15.

Previously,
in addition, extras'

Calendar Years—

earnings

"last in-first out"
estimated Dec. 31,

at

of the

the

Total

060;

Increased—New Vice-President—
Net

$2.00

outstanding

of

net

for
168,

—

$943,942;

CCntS CaCh WGle Paid °n AUg' 26 and N0V' 26' 1948-—v- 168,

2012

1,137,149
$1.90

Quarterly Dividend

dividend
record

608.

both

total

receive x>ne

for

share

1947.—V.

—since May 31,

quarterly

a

1,584,024

1,137,681

subsidiaries,

Dr$l,625; total, $8,091,513.—V. 162,

stockholders

cents per

$1,518,031

CONSOLIDATED

served

7 ^2-Cent

1,398,789

replacement of

for

three

consolidated

31,

and equip,

607.

Plywood Inc.—Declares

"3,638,967

1,137,681

after taxes,

per

income

Selling,

at

snare,

to

$1.33

Months

sales

Cost

GR-S

of

continues to serve on

Corp.,

Overseas

p.

1734.

p.

.

rubber

by this corpora¬
tion
for
the week
ended Feb.
5, 1949, totaled 267,583,000 kwh.,
as'
compared with 259,049,000 kwh. for the
correspcndiixg week last year,
an

1949.

have

regular

stock,

Interest

Co.—Weekly Output—

companies

profit,

share,
$1,508,367, or

Dec.

stock,

operating

3,669,242

tlncludes $109,205 special

common

with

Net

Dr.

Pioneer Service & Engineering:

•

taxes, prior years.

net

amounted

per

and

able

Electx ic

directors

brings

In

a

607.

p.

'•*'

$2.34

and

company

equal to
compares with

cold

Reynolds, "full advantage
be taken of the i*apid system now available through the
designing-'
construction of
plants capable of handling the extremely fast

reactions."—V.

This

ties

1946

ASSETS—Cash, $1,602,931; trade notes and accounts receivable

cost

169,

w.th Melrose

Finch & Co.

the

assume

$2,672;905 * $2,239,997 $$2,164,314

__

$1,000,000

Fed. & Canadian taxes

ingredients."

raw

of

franchise

sidiaries

permitted by Diox.

now

taken of Diox

less

for

Consolidated

Prov.

synthetic

fiber and

$32,645,677 $26,700,504

1,831,717

share

common

replacement costs.:

1946,

of State

Other

rubber.

type

taxes.—

outstanding

provision

Three

tire

Co.,

processable

Sales

and

(W. A.) Shaeffer Pen Co.—Extra Dividend of 50 Cents

Prov.

comprehensive

a

Tire

merit

S.

The

products.

yarn

•

,

groups.

production,

Lake

established

income

—A———

shares

profit per

Net

take

to

Motors

three

of

Operating revenues

Soon after the Phillips chemists found that cold rubber compounded
into
tire treads using the new type of high
abrasion furnace black
produced better treads, the Copolymer Corp. went into commercial1;
production of cold rubber in the government plant at Baton Rouge, La.
Prior

State

Robbins & Myers, Inc.

Finance Cor¬

group

and State*' -:'

__"u__4.504,622

profit

"After

government financed most of the American woi*k, but a part of it/'such
as
the
work at
Phillips Petroleum Co., was financed privately by
Phillips Petroleum Co.
The exchange of information made under the

auspices

of machinery

1947

$29,464,560

1948,

However, the practical manufacture of cold rubber was not accom¬
plished until rapid polymerization systems were developed that would
produce the rubber in a reasonable length of time.
Advances in rapid
polymerization were made in Germany, England and America.-* The

poration,'

and

inventory
announcement

Vice-President

by John L. Leban, President.

4

Holders
Net

fast as the synthetic rubber system we were using

as

other

and

1948

taxes

Common

emulsion

Diox

perhaps. 300 times
during the war."

marks

Diox

Feb.

Joseph

(& Subs.)—'Earnings—

—

'income

with Diox ,as contrasted with 25-30
required previously at that temperature.
"'•/
■/% /v://

"The

on

cloth

into

Reeves Brothers, Inc.

Federal

hours

General

of

directors.—V.

of

standing

rubber

science

board

Consolidation

....

144.13

the

sales

be made

the

2,469.58

states it has on hand 22 tons of raw ramie
experimental stage.—V. 169, p. 381.

company

now

fiber

profit before Federal

can

,

years

follows:

as

proceeds will be utilized in the acquisition

Net

14

Sales Manager for 15 years, has
Prior to his association with

director.

a

for,, many

was

(par

Net

made at

be

this, company

Products Corp., Pittsburgh, Pa—Stock Offered

degrees,

rubber can

he

the Vadsco Corp.

Vice-President

and

fahrenheit, In only 75 minutes in contrast to the usual 12 to 16 hours.
At the extremely low temperature of 4 degrees below zero fahrenheit,

cold

35,626
$295,782

Tinkham, President of Technical Munagers, Inc., and formerly

W.

T.

and

President

Manager of

$23.53

6 Months Ended Dec. 31—

Reynolds,

1949,

securities

"preferred share, $50 par——:
314% bond———

conv.

The jriitial

""Diox."

According to Dr.

31,

Jan.

outstanding

corporation is offering 72,855 shares, of common
$1)3 at $3 per share, according to an an¬
nouncement on Feb. 7. There are presently outstanding
206,145 shares.
,
;
*
'
'
stock

official

an

of

as

its

—This

;

.

V

__

consolidation, designed to coordinate sales activities for several
differently pr.ced brands previously distributed by separate organiza¬
tions, merges the lines of Three Feathers Distributors, Inc., and the

169, p. 203.

Ramie

announcement, tire treads superior to any
formerly manufactured have been developed through the use of "cold"
t-ubber and a new type of high abrasion furnace black. :
Dr. W. B. Reynolds, ox this company, in an address before the Wash¬
ington, D. C., Rubber Group on Jan. 25, said that a recent chemical
discovery has now speeded up the cold rubber process tremendously.
The new "speed up" chemical, discovered by Phillips chemists, is called
According

collateral

notes

remains available.

000,000

stock——_

common

Vice-President and

Katz,

elected

corporation,

common

payable in installments,, with the
last installment due Jan.- 15,
1955.
A total of $35,000,000 has been
borrowed to date under this stand-by bank credit agreement and $20,to

of

coverage
share——

4%'cum.

—V.

quotations

market

asset

Per

of

1950,

35,626

$349,847

stock

for

382.

p.

169, p. 381.

upon

net

common

Per

to

the stand-by bank credit agreement of Oct. 20, 1948,
in January availed itself of $20,000,000 thereunder from
the banks participating in the credit agreement.
All borrowing under
this agreement is represented by interim notes to be converted
on
15,

101,608

$331,408

The

company

Jan.

101,850
$385,474

transfer'd

earned

reports

on

available

been

on

Agreement—

Adams,

terms

$433,016

245,173

(charges)

from

Per

thp

4,106

'

_

___:—

pieierred

on

169,

767,609

$212,325

inc.

income

to

$20,000,000 Under

Borrows

income-.

Emanuel

Railway & Light Securities Co.—Net Asset Value—

the

$428,909

4,287

San-Nap-Pak Mfg. Co., Inc.—New President—

$359,900

5,841

10.

p.

Co.

Phillips Petroleum
Bank Credit

$483,036
—

Schenley Distillers, Inc.—Merges Three Sales Divisions

9

of

Lansdale

931,863

450,172

—V.

income

Deduct,

the acquisition of the assets
Roger M. Wise, Inc., a leading group in electronic tube work.
The
Wise
organization, formerly at Rockville Center, L. I., N, Y., will
occupy
new
laboratories
in
the expanded modern plants
of the
announced

120,820

68,538

31,189

income

Extraord.

corporation

Balance

ordi¬

from

ordinary

Net

The

1,002,208

.

_____—

Dividenus

"$90,272

24,303

income

Net

2012.

p.

T)r61,366

Net

this

is con¬

depreciation

for

Federal

for

allowable

amount

charge

the

1948,

1,

35,753

$767,438

non¬
r——

Gross ordinary income

*

6,570
$121,359

$106,666

$65,106

————

income,

communication

Deductions

"$28,906

$114,789

$185,756

income

commun.

nary
Net

1947

$1,360,771

_

..

deductions

before

Balance

$731,685

$190,746
D)'4,990

Operating income

1,Q09

37,600

discount and expense

IJcbt

..

income
income______

Operating

Nonoperating

27,448

.

.'.

earnings

_

depreciation-....

and

25,468

81,723

1—

taxes'

expenses

Ord.nary
Net

Intere.'.t

1948

revenue
expenses

1948—12 Mos.—1947

$1,146,989 $12,370,813 $11,699,708
1,032,200
11,639,128
11,728,614

$1,159,383
968,637

revenues—

oper.

463,990

Operating

Depreciation

Operating
Operating

$890,410

484,893

.——

.

oper.

Total

1948

$930,288

Years Ended Dec. 31

Operating

.

1948— Month—1947

Total

revenue

537.

p.

Inc.—Earnings—

RCA Communications,
Period End. Dec. 31—

Philarlelphia & Western RR.—Earnings—
Gross

bonds,

the first mortgage 3%

agent for

1979.—V. 169,

San Jose Water Works—Earnings12 Mos. End. Dec, 31—

York, N. Y., has been

Street, New

Wall

16

York paying

New

due Jan. .1,

H

Co.,

2.9%, over the corresponding week of last year.

or

—V.

this

of

Monday, February 14, 1949

Paying Agent

Public Service Co. of Indiana, Inc.—N. Y.

Philadelphia Electric Co.—Weekly Output—
The

CHRONICLE

FINANCIAL

&

COMMERCIAL

THE

(704)

__

.

than
on

taxes

income

23,500

25,300

26,500

28,000

$643,203

$669,196

$729,378

$740,126

$643,203

$669,196

$729,378

$740,270

143

income—interest-

1,000,000

Gross

Total
Net

income

income
income

deducts.—

137,585

169,944

142,413

185,024

$505,617

$499,252

$586,964

$555,246

Volume

169

4777

Number

THE

"

-

i

Weekly Output Increased 22.7%—

proximately $10,000,000.
attributable

Electric

output of this company for the week ended Feb. 5;; 1949.
3,147,000 kwh., as compared with 2,565,000 kwh. for the cor¬
responding week last year, an increase of 22.7%—V. 169, p. 608.

Southern Natural Gas Co.

(&

Operating

1948

revenues

Operating

and

entirely to

in

materials

raw

hand.—V.

on

count of two

$22,053,395

17,654,847

sale will

selling stockholders.

168,

$5,552,141

and

287,044

•___

_

:

$5,745,073
deductions

other

$4,398,548

192,932

—_

____

income

income

•"Earnings

■

No proceeds from the

167,

Suit' Life Assurance

'With' over

930.429

in

the

40%

United

$3,755,163

share.^

common

$4,436,836
$3.15

$2.66

well

to

the

Co. of Canada—Total Business in

the

business

in

the

approximating

the

close

1948,

of

$4,000,000,000'

exceeded

year

its

of

States

at

over

1,409,212

on

the

At

shares.

common

78th

Montreal,
INCOME

ACCOUNT

(PARENT

COMPANY

Years Ended Dec. 31—

United

50%

its

mark,

States, and investments
its

of

assets,

business

total

and

the

$105,000,000.

Balance

$17,884,739

__

$14,270,886

13,690,245

-

.

11,161,431

taxes

:

this

in

company
climbed

force

benefits

paid

■

during

-

—$4,784,501

-

other

$3,705,867

deductions-^-.

-

income—

$4,002,599

—————

"Earnings, peron

479,711

169, p.

Souther'!!

608.

in;

the

housing

In

Hyde, Vice-President, in an address before the New York
Society of Security Analysts, New York City, on Jan. 27,»

annual

said'

that

the

were

alone

income

and

deferred

The'

Sim

par. value

h.p. Diesel-electric freight engine. units already
rently being delivered ih, January ' 194D) J
: 7

issue

cost

to

Southern

been in excess

Ry.

there

are'on

modern

power,

will

passenger

cost

in

the

1940
As

of

freight
of

of

public
1948,

of

1943

during

additional

95

to

as

rentals,

the

units

75%

some

Southern

hire
from

Estates

company

<•

obligations)

this

of

of

Ry.

Co.

88

uAn.

of equipment debit,
2.7%- of gross freight

R.

F.

outstanding

obligated

was

C.

in

$51,000,000

ohat

invested

was

bringing
$124,000,000, an

Orleans
the

of

&

interest

favorable

the

total

Net

to

service

ofj

earned

'

the

of

the

RR.

public

period

ation

cover

ment

Co.,

to

controlled) have
debt having a face

or

outstanding

all

but

(after

lull

paid

3.30%,

as

cash

the

••

n6t

751.

p.

dain"

there

would

distribution

$2

be

in

in

of

annual

or

entitlement

have

Dividends

Cash

the

on

1943

been

to

paid

non-cumulative

1949,-

at

$2

inclusive;
share

per

paid

in

cash

to

our

-

preferred

and

1943, $2.75 per
1947, att'd $3.25; per
1942

owners,

basis

to

for

Dec.

left

was

31,

"in

1948.—V.

the

169,

p.

till"

about

of

608.

share

*

'60,358.164

52,088,256

226,752,579

-.

48,892,830

43,289,099

Fed',

on

Net

6,230,578

6,237,160

16,820,539

14,203,145

15,577,543:

income-

5,727,308

3,934,559

18,653,242

(net)..

150,683

168,779

320,986

Total

income.

Interest

Net

5,877,991

deductions..

181974,228

15,779,536

5,386,942

2,989,882

13,587,286

12,789,654

13,000,000

12,700,000"

and

billing

profits

Earns,

per

after

as

for

taxes.

$3,282,835

share..

com.

Net sales

1948—6 Mos.—1947

.

the

against $125,188,211

$1,858,450

$4,404,283

$2.48

31,

1948

amounted to

$2,231,986
$1.12-

$134,622,916,-

for 1947.

Month of January—
Net; sales
--V".

169,

V

.

,

in

and

1948

1947

$6,589,178

$6,329',657

$6,549,751'

Corp.—Note

Placed

Privately—The

corporation reports the private placement early in Feb¬
ruary of a 41/2%
stibordiuated note, ^due 1958, in the
amount

of

$250,000

with

of

N6t: sales
»Net

—

profit

shares

Earnings

per

——

1947

$7,995,Q0(r
318,742

266,000

266,000

$3.46

$1.73

$1.20

and' taxes.

working capital increased during the year 1948 by approximately

ratio of

000

3.16

to

1.

This

increase; he- said,

net-additions-to

and dividend

fixed

assets

payments totaled $1

The backlog of orders

at year end,




was

a

a

anproximatelv

share, equal to $266,000,'

Mr.

Clansky stated,

the

The
is

$395,\

totaled

;

ap¬

cadh

Sydney,

privileges

share

for

Louisiana

than

340

of

is

-

Ellis,

-v

■.

'

500,000

tons
total

2,500,000

of

steel

cost

feet

stations

will

is

-.

board

T

■

i-iv'-

■

■"

:

568,434

of

1,805,630'

¥OV993

York

and

an

profit

$1,618,958

._

of

$1,205,281'

468,783

367,198

149,557
3,571,812
4,500,000
10,086,444

'

124,741

.

the

I. S.

of

gas

per

been
and

This

V.

adopted

-2,244',43? >
4,500.000
5,883,601

were

Stock

accessories

increase

of

in

charge

all

registration

of

production

Urschel.—V.

:

.

$357,389

has

been!

Chairman

169,^

p.

608.

the

.

.

*

;

-

1948

$1,434,823

'

1947

$1,299,739

under-the

Securities

Act

of

offering

,

,

the

offering: being

not
quoted ex-rights until further
delivered
after
the record
date as

be

must

accompanied

by

due-bills.—•

Feb.

22,356

$1,451,465

$1,322,095

264,479

1,124,742

1,021,439

38,249

$33,155"
'

125,597*"

$58,458

B.

Gerald

John

and

9.

J.

Fitzgerald,

entire

$0.89

year

of

1948

in

during the quarter

the

amount

ended

Dec.

in

Cantor

United

been

Executive

Fitzgerald
States, it was

elected

Chairman

Vice-President

the trust.—V.

of

sponsor

Cantor,

the
has

158,

the

of

1479;"

p.

% The

1952.

SEC

order

upon

gives interested persons until
the application.—V. 165, p. 1362.

Feb.

21

to

request

,

a

''

United AiF Lines,

Inc.—Employees' Suggestions to Re-"
Large Saving—

suit in
•

An
annual saving
of almost $250,000 will
made by this company's employees in 1948, it
A'hfehs,' Vice-President in charge of personnel.

the

in

personnel

pany

fact

result

from

suggestions"

announced' by R: F.1
Interest shown by com—f
and efficiency was indicated by

promoting economy

was

thaj,, in. the

year an average of one out. of every
10,000 employees submitted suggestions.

than

more

value' of- individual

suggestions

received

"by

two

United

the

of

has

been

-

steadily' rising; Mr., Ahrens said, and these suggestions have meant*,
saving; of thousands of man and equipment hours.
The system, headded, has proved not only a worthwhile morale'booster but a definite''
the

business

asset.—V.

169, p.

645;""(1

tJitiied Bbardt & Carton

t

The

directors

have

In

year.
i

1947,

$1

made

current

in

cents

paid

that

of

in

made

accumulated, earned
dir§fctors

the

business

ffohi

and'

earned

to

declare "the

May

28

decision

lack

of

May

August

surplus

decided

May

15,

on

the

the

ending

year

each

March

was

view

fiscal

Corp.—Omits Common Div.-—>

not

the'common stock.

2,

l£ was'-announced

was

of

Jan.

on

decided

on

to

to
in

25

of

cents

on

two

December,. 1948,

May

31, -1948.

view

of'

thC

It

to

Sept.

each"

10.
dividend!

date

were
was

paid

also

requirements
the

for

declarations

payment
at

cents

common

earnings
The

ordinarily

25

20; and Dec.., 7j last

omit "the

1949.

and

that

and

sufficient

31,

dividend

Payments

25, Aug*.

of
general conditions, t-hat the
surplus should not be continued

168; p. 2232T

-

of

the
of

out

stated
of

the

dividends

present

time.—.*

'

114,974

$201,126

$0.26

$0,15

appointed

shares

March

on

1,

hearing

V.

20,228

(1969)—Distributor—

has

its

on Feb.
7 applied to
the SEC for authorization to4
25,
1949,
$1,000,000 of
its. 6%
debentures
due
These .debentures, now outstanding in the total
prin¬
cipal amount of $36,000,000, are held by
Union's parent,
Electric
PoWer & Light Corp.

that

$361,186

fund

of

company

March

25

16,642

United Fuel Gas Co.—Notes Authorized—

$185,682

$0!82*

a

the

corporation

investment

due'abouttthis time

—Year End. Dec. 31—

-

3,797

333,656

reflected

be

Industry Shares

on

were-nmde

Sept. 30,'48

3.844

,•

for

stock

certificates

Management Corp.,

This

The

directors.

$387,039'

was

increasing'

By

offer by the corporation, holders of com¬
of business on Feb.
16, 1949; or such
registration becomes" effective, shall havo

Exchange directs, subject to

as; distributor

board

.

airline's

complete study," a - revised depreciation
policy has
resulting in an increase in depreciation on- instrumchts:

168, p. 2588.

day.

Union Producing Co.—Debenture Redemption Asked—*

.

$20,395,546 $14,125,257

'

-

share—_

:

com-

and

'

1512.

$383,195 :

________

Per

about*1

to

at

close

such

common

mutual

Inc.,-

redeem

Canadian

NOTE—After

required

estimated

4

Ndw

T.

232,624
100,990

and Charles F.

&. accessories..

0, income, taxes

be

completed
this first '

$190,000,000. r
the line is designed to deliver '

ma'de.

announced

; $20,395,546' $14,125,257
;/

Dec. 31,'48

,

m

weighs

to subscribe, for a period
of 14 days, for common stock,
par value, to the extent of one share for'each fiye
shares held.
subscription price is to be determined shortly before the

Trusteed

650,714"

4,768:662

: 3 Mosi End/3 Mqs^ End,

•

charges4

the

pipe
and

right

This

$1,444,793;-

Smith;

on.sales

and1

Net Profit,

basis *

which

presently

the

at

which1

date'on

that

200,000'

;

167, p.

Total income

Net

on

City,

The
miles

10

1951,

cubic

effective

making of
record

the

2,250,000

$16,276)

:

Expenses,, inch deprec.__
Federal

preferred,

York

long.

nearly

470,000

stations

upon

of

finally fixed by
V. 169', p. 644.

of

the

of

;

service

supplies

be

.

$5

Co.,

Vice-President

Glenn J.

profit

.

Steel
Corp.,
this 100-car
initial' shipment.
Jennings and other natural1

New

miles

of

and the

million

the

with

1,840

compressor

compressor

notice

Martin, Executive Vice- ■
Vice-Presidents, Edward Howell, Paul E.
Taliaferrp and El¬
Forster, Secretary; Thomas W.
Bowers; Alfred L. Rose; A. A.'

.

.

•

Gloria,

La

completion early in

of

227,156'

225,740

(less amortization,

$68,089.—V.

Period—

/

cost of:

TelAutograph Corp.—Earnings—
Earned

the'

will
new

the

of

Western

pipe

Lacy,

length

project

265,989

271,436

Toronto,

iy«"

-

•

at

stock

!/-•

.

Consolidated

Rogers

total

niade;' that

'

Ltd.,

building and- equipment-—

member

a

preferred

elections.

company

by

More

stock

The

,

*

current

effected" despite the fact'

aggregated

2^598,103 '

front

-

estimated

depreciation

lis; W. D.

•

$395,200,^ Roy W. Clansky, President, pointed out,' and shows
that-the

tons.

.

2,983,355

1946

266,000

share.:

receivable

—u——i__

Seeligson;

.

$13,998,000 $11,123,000
919,926
460,281

outstanding—__

common

After charges
Net

—-

—

Common

*

1948 1

:■

in

a

.Contingent:

of

surplus

President;

Syndicate of Min¬
institutional purchaser ac-^

Corp:—Earnings—

.'-T.

Calendar Years—

Conversion-

fort

common

approximately

1933, and the

2,953,842

company's current directorate includes F.
B.'-Parriott,
board; C. H. Wright, President; F. L.

the

Gross

,

new

and'30%- of the" $6 cumulative preferred stock presently

has

number

.

ad¬

:

(Canada)

Investors

neapolis, Minnesota. This
quired a similar note in the amount'of $500,000 in July,.
1948.—V. 168, p. 2163.
Standard Forgings

the

sell

to

>•

30-indh-diameter

be

10

3,566,716

less

process,

(wholly-owned)

K.

of

Transcontinental & Western Air, Inc.—Rights to Sub¬

Suhray Oil Corp.—New Director Elected—
named

Factors

in

__—T__——:

James

*

privileges

r

sales'.were $1,839,482; profits, $178,101,
In Australia-, 1948 sales'
$2,225,295; profits after taxes, $164,112; 1947 sales were

'The

Standard

•

conversion

of

care

scribe—

$2,459,912 in 1948 and $2,365,575 in 1947.
NOTE—The company's Canadian and Australian
subsidiaries exceeded
the previous year in their sales and
profits.
Sales* of the Canadian '
company in 1948 were $2,073,002; profits after
taxes, $242,231; 1947

-

209.

p.

!

work

amounts

Corp.

were

A pproved

»

share.

a
,

.

1949

•

will

mon

for Federal taxes on income,
Capital stock (540,000 shares of no par value),

profits

January Sales. Up 4.1%—

Stock

:

share.

fields' of Texas and

later

charges

After

1948—12 MOS.—1947

$1.02

'

$1.91 '
ended Dec.

year

$6.37

,

Reserve

"

1,080,000

25, '48 Dec. 27, '47
$1,962,162
$1,525,777
2,794,940
1,487,532

:

on contracts

purchased

Earned

for

the
compressor
capacity in
to be built, the capacity of the
lihe can be .increased
to
a
maximum delivery of 505 million cubic
feet of gas per
day, according to Claude A. Williams, President.—•
V. 168, p. 2733.
'

$3,440,546

salaries, wages and commissions
p'-:
Accrued taxes, other than taxes oh income--.-.-,
;

Spiegel, Inc. (& Subs.)—Earnings—
Period End. Dec. 31—

of

the

Dec.

■

ahd supplies.'

Total

Net

$5,615,546
2,175,000

Domestic Subsidiaries).

'

,

Accrued

793,868

—

stodk

maximum

a.

liabilities—

3,309,470

3,250,000

$30

plete the entire

$10.65

Accounts payable'-—;————.

383.

p.

take

to

authorized

a

15 votes

shipment
2,500

$5,752,843

.

!

/,

Total

201,993

99.515

below.

Inc.—Preferred

shares

$15

fabricated

gas

123,750'

1,350,000

—

1949

Deferred

1,650,265

,

169,

4,103,338

1,437,645

paint department—main plant-,.—

Patent

4,227,726

income

Dividends
—V.

1,498,337
3,366,261

oper.

Inc.

Spa,

Connecting the

$5,615,546

"'Buildings, machinery, tools-and-equipment

1,973,527

income

Other

at

trainload

'-.V,

banks for

Land

188,765,897..

3,764,499

taxes__

and
-

Property, plant' and equipment:

185,048,220 152,748,049

income—

1,863,422

3,475,000'

New
*

revenues

operating

in

bid

trainload of pipd in the history of the Santa F'e
left";
Angeles, Calif., on Feb. 5 to become part of the world's longest
pipeline, from Texas to New York.
Consigned to the above corporation,

7,281,607
228,416

income.

on

New

s

expenses

line.),

Transcontinental Gas Pipe Line Corp/—Initial Shipm't

$29,183,806

I

-

.

;V::

:

Sunbeam

—

Operating
taxes

taxes

foreign-subsidiaries; at cost—
Cooper Engineering
Co.
Pty. Ltd.,
Australia (94% owned)—

resources

s

Co.

—

1948—12 Mos.—1947

$

&

Los

95,379*

_—^

Investments

share

Operating
Other

'

stock

vance

Hall

The' longest

:

>

389,106

Final payments for 1948 building.

Co.—Earnings

$

"per *

11,261,2.42

subsidiary

share

—

Finished

Harris,

issue will have preference as to dividends ancl
distribution
overt existing
$6 cumulative
preferred' stbek.
Cumulative
oh:; the new stock will be $1.50 annually and' it will be

have

common*

Dec. 27, '47

capital assets

Federal

per

Materials

the.

cost
were:

on

$2.50

$9,008,714

the- period

Canada

1948—3 Mos.—1947

to

$41,171,009
___

receivable (net)_____—____________
Inventories, valued at cost or market, whichever

.'

Southwestern Bell Telephone

time *

paid

was

1948

L

(Including

Cash

Period End. Dec. 31—

for

f ASSETS—

inclusive,

cash

the

'

1949.

1948,

$50,000,000 in

At

ACCOUNT

-

received "from "Canadian

lower—

coupon

,The ...name;of .the company was changed to Thompson
Industries,
Inc.,
but- the' restaurant
chain
will
continue
to
bear
the, namo';
Thompson's SpU;; Inc.; as a division of Thompson Industries, Inc. ;
«
Shdraton Cot p.
of America owns 45%
of
Thompson's Spa, Inc.,

CONSOLIDATED, BALANCE SHEET

been

on *

in

share

•

propose

Dec: 25, '48

dividends paid!

Cash1

equip¬

has

dividends

will

50-cents

$9,227,843

Earnings

2%

a

new

the

aggregated approximately $40,819,000.

Ahd! there
on

on

than

Planned

par

interest

net

a

for

•

Spa,

2,100,000

aiSsets

-

sales———'—

for

99.213.

outstanding.—V. 155, p. 509,

share

per

;

Provision

99.43,

sale

608.-

p.

ort 15; shares of

$3,240:,000 to stated

payments' in

Accounts

1948,

have

installments

cents

50

total

Total

equipment

-

1944V $3 per share iri 1945, 1946 and
the stock having gone on a $4 per

in

to

dividends

no;

of

issued.

transferred

depreciation

sale

on

Profit

1942,
dividends
on
Southern's
stocks
were'
re¬
lapse during the depression 30's) with the result that

declared,

or

the

of

warrant

rate

1947.

operations. J__

for

Cash' diV:

of

the

Changed—

less

of

Pay

surplus.

year;'bringing

sales

on

at

,

earned

against

Prbfit

169,

the new preferred.
The
directors were

Mr.

in

increase

retired:

in

a

5'%

about- 12%

then

bid

a

.

meet

the' authorized

dividend

shares

011

received

ofi

line

-,

including,

100%

securities

Southern's

obligations.

Commencing
the'

'

b.

The stockholders voted to'indrcase the
capital stock by the creation
a; new
issue .of
120,000
shares
of
$l-par convertible preferred '
stock, it was announced on Feb. 10.
;
•They also increased the authorized v common stock from 300,000

in

V

quarterly

Ilutzler,

callable

increasing

on

Mairitehance; repairs and" replace, of'tools, etc.

Dec.

of

vote

shortly

bids

Thompson's

Name

:V; J;
/
VVv'" '■
such'approval.thedirectors propose to declare and

dividend

of

extra

Provision

(exclusive
as

been

will,

the increased number of

stock

Profit "from

$100,000,000.

over

common

'

Chicago.

Ry.—Equipment Trusts Awarded—R.

awarded

was

Other

Thompson's

.,

the

of

insurance

gradual

a

52 Weeks Ended—
<

obligationshave
increased
by a net amount of approximately $23,000,000 but
this is short-term"
debt, at extremely: low interest rate$, and is almost
entirely
"self-liquidating"
through
depreciation
amortization' at
a
ratio of approximately 88%
; that is to-say, depreciation and amortiz-f

sumed

of

Thompson Industries, Inc.—New Name—Financing—

See

this

in

indication

of life

rate

conditions

CONSOLIDATED INCOME

despite

revenue'1

hands

amounted

has

Northeastern

hands

During

&

shares

,

value

Bank

1948

today.

present, regular

*

indebtedness

the

of

the

24*," last

share,

.v'"

served

event

share^on
such

Dec!

cost

course; the complete
During the same period, 1940-1948, inclusive, Southern Ry. System
(including Southern's subsidiaries, like The Alabama Great Southern
RR.
Co., in which Southern has a large and profitable
control; the.
Georgia Southern & Florida; Ry., Co.,
99.50%
controlled, and- the
from

National

•

25%.- stock dividend, and as long as conditions

a

capital out

,

Diesel- :/>

the

has

to $314,880,000,
and
lightened by $85,162,000,
elimination of R.- F. C. debt.

burden

of

New

1

the

being employed to meet presentand to finance homes and housing

capital-stock.\

■

maintain

per

1948,.

delivery

-''

Southern's

car

Leasehold

which

equipment

31,

and

$25,500,000,

cars

to

>

of

cash.
Ry. Co:; for

approximately 1.1% in 1948.
Dec, 31, 1939, Southern's funded debt,

securities

the

paid to Dec. 31,

has

1949.

ratio

In the

cur¬

equipment

to

of

and

has

and

;
new

stockholders

The

treasury

cars

to

financed

the increase of private
in

its

Southern

estimated

be

purchase

reduce

for

financed

this

of

(proper)

of which cost it

from

order

streamlined

electric

which

Co.

of $93,500,000

approximately $65,000,000

This

Oct

.

Bros.

annual

2VeS.—V.

Canada,

than

issue

2.11 %.

This

,

to

due

Kidder, Peabody & Co., 99.282; Halsey, Stuart, & Co. Inc., 99.247;
Harriman Ripley & Co., Inc., and Lehman Bros,,
99.231; Salomon

2$% Stock Dividend—Annual Report—'

.

of

Pacific

series

.

•

the

under

payments

Sunbeam Corp.—- To Increase Capitalization and

-

And

First

209.

p.

3%

exchange for temporary bonds
City' of New York
43 Exchange

The

at

or

bonds,

in

the

Pressprich

of

figure

for

rate'may be looked for, but improvement will be slow.—V. 167,

During: the period 1940-1^48, inclusive, the. Southern System'- has>,I
acquired - and put • into - service- the followingt' ,units of new rolling'
stock:
17,003 new freight cars, six! - modern - streamlined passenger:,
trains, and 423 units of Diesel-electric power
(including 36—1500 i

.

of

and McMaster Hutchinson & Co.

$374,-

record'

beneficiaries

and

over

and

average

under

to

by nearly $70,000,000 in
$1,500,000,000.
Mr. Wood revealed

niore

problems of

announcing

Wood

'

.

Y.,

line

delivery

new

increased

commerce

States
to

the

in

8

the'

said in part:

The

pipe

for

Bank

& Co. and Associates on Feb. 10 were
$2,250,000 2% equipment trust certificates, se¬
ries F, due $225,000 annually March
1, 1950 to 1959, in- '•
elusive. -The certificates, issued under the
Philadelphia
plan, were immediately reoffered, subject to ICC author¬
ization, at prices to yield from 1.30% to 2.30%, accord¬
ing to maturity. Associated in the offering were Freeman
& Co.; William E. Pollock &
Co., Inc.; The Illinois Co.;

$105,000,000, making total payments since
issued its first policy, over $2,126,000,000:

over

investment

United

at

Total

$10,000,000,

policyholders

company

investment

$251,000,000.

that

amounted

year

stands

now.

Current

company

lor

the

important contribution made bjt the business

Passenger Cars and 95
Order—Debt Reduced—John B.

on

of

of

approximately

available

mortgages

Ry.—Eighty-eight

-

well

the

for

Feb.

on

said

$64,000,000.

to

day needs of industry and
developments.
Last
year

$2.29

class

Diesel-Electric Units

of

total

now

funds

$3,223,157

$2.84*

1,409,212 common shares.—V.

and

to

the

year

assets

President,

force

exceeded

than

distributed

the

The

in

increase

an

more

amounted

1871,

Life

held

company

Wood,

Sun

insurance

contracts

were

Benefits

the

the

of

B.

$232,000,000.

annuity

year

781,902

._

exceeded

year

596,412

by

Total life

payments

meeting

Arthur

written

$4,089,000,000,

Life

$3,109,455

590,008

income-

"Based

of

$4,194,493

income.-..

and

652,000.

1947

annual

Canada,

*

insurances

ONLY)

1948

Operating
revenues
Operating expenses, depreciation and

Net

mortgage

available
National

Texas &

W.

Force Passes Four Billion Dollar Mark—

$4,658,592

1,308,237

;

.

:

per

"'Based

Gross

first

now

Chase

Place; New York, N.
Chicago, 111.—rV. 169,

-

552.

p.

The

-

.

Interest

Definitive
at

Offered—C. E. Un-

to the company.—V.

accrue

9

Tennessee Gas Transmission
Co.—Definitive Bonds—
•

reports-that

Other

(705)

$131,000,

awarded

income

Net

decrease

a

net decrease of

a

Stern & Stern Textiles, Inc.—Stock

1947

21,208,144

taxes—.

Inventories showed

terberg & Co:, on Feb. 9 offered a block of 12,500 shares
of $1 par value common stock at $8 a share for the ac¬

$26,760,285

depreciation

expenses,

Balance

Interest

FINANCIAL CHRONICLE

1967,' ar£'

Subs:)—Earnings—

Years Ended Dec. 31—

Gross

&

2163.

p.

totaled

Other

COMMERCIAL

i

of

3L

$53,169.
1948.—

.The

company

$2,000,000'
Columbia
in

equal

of

.has

received

SEC
authorization
to
issue
and' sell
promissory notes to its parent, The*
Inc.
Proceeds of the notes, which will mature
instalments on Aug-. 15 of each year from 1950 to

3V4%

instalment

Ga's System,
annual

1974, inclusive,
pV 2424".'

will

be

used

for

construction

expenditures.—V.

166.

.

"United Light&Rys. €o.—Rights
*'

Approved—

ifChe Securities

ja,nd Exchange Commission- on Feb. 8 approved a
of this company to sell, to present common stockholders
63ft,6$7 shares of $25 par American Light & fraction Co. common
stbck.
The 'proceeds mil be used by United' toward the retirement,
of-:$12,250,000 loans,
proposal

Exchange on Feb. 8 announced that the
United common stock would be quoted ex-rights on Feb. 9, 1949.
The
rights entitle stockholders of record at the close of business on Feb. 7,
1949, to purchase at $12 per share, one share of $25 par common
stock of American company for each five United common shares held.
The
rights, were admitted to when-issued dealings at the Curb
opening on Feb. 8.

,/Tha

York

New

Curb

sales

of

than

in

the

previous

..A,.,

year.
for 1948,

income

3.5%

to

(indicated

preferred stock
stock (100,000

coc

on

:
(Total

two

real

merchandise sales
sales)'

(incl.

was

follows:

as

——

_

in

93,160,726

2,427,814

®?*qqq'qoo

31,000,000

29,000,000

the
by

shares

Earnings

per

117,256,000 112,779,000
11,613,000
11,546,732
4,280,252
3,913,768
3,893,058
$2.01
$2.94
$2.93

outstanding

share..—

common

[■*After income taxes.
NOTE—The

of' unconsolidated

and

1947

in

(Excludes-. United* :Factors Corp.

corporation's
companies

$780,471

in

•

j

,

earnings
$296,000

estimated undistributed
amounted to $320,000 in 1948,

share

of

with Argentine

expected

This

for

in

that

business

of

6%

rose

$27,000

was

earnings

done

v

in the

1948

from

income

Interest

Report

the investment in United States & International Secur¬
ities Corp. at its indicated value based on underlying assets, securities
without quoted market prices at estimated fair value and all other
Calculating

securities

quotations, the net assets of this corporation,
a'fter allowance for State and municipal taxes on unrealized apprecia¬
tion, had an indicated value on Dec. 31, 1948, of approximately $48,.'Dividends

preferred
95

paid

the

$4.50

were

year

share

per

$1,685,744.

the dividends
ordinary

the first preferred

on

and second preferred

and that of the 95 cents dividend
qn the common stock, 18 cents has been designated by the corporation
as
a
"capital gain dividend" and 77 cents was an ordinary dividend,
subject to final audit of the corporation's income tax returns by
were

United

the

I

States

dividends,

Treasury

INCOME

FOR

1946

1945

$1,252,983

196,499

201,^80

29,590

16,681

11,451

34,500

37,763

20,500

$1,551,602

$1,360,106

$1,173,794

205,669

34,222

tax.

income—

for Fed.

F?ov.

inc.

Net ordinary

1

$1,039,552

Reserve provided for est.
loss

on

(in

Net

&

Inv.

Sumatra

.a_

7,043,708

share

SHEET, DEC.

31

notes

restrictions
costs

loss

net

after

with

of

giving

net

in

off

in

of

to

the

for

tax

a

pro¬

theatre

$3,162,812

effect

profit

dollar

on

picture

domestic

credit

$3,230,017

in

the

net

10,745,375

results

a

number

take

to

Blumberg

the

before

they

of

told

of

of

stockholders,

higher

existing

months

pic¬

cost

economies

could

before

these

stated.

maintain

ratio

"The

Mr.

and

amortized,

continues

a

financial

strong

position,

current

liabilities."
and

working

assets,

current

of

$32,897,077

capital of

$37,020,522

current

assets

working

reported

company

debentures

and

year

ago.

has

also

due

sinking

purchases,

Sept.

sufficient

acquired

satisfy

to

,

.

market

open

requirements

fund

stock

preferred

a

through

that,

sinking

anticipated
3%%

including $7,870,348 cash, were shown
liabilties amounted to $5,302,080, giving
at fiscal year-end.
This compares
of $44,307,111, current liabilities of $7,786,589 and

while

capital

52,540,189

10,860,604

will

It

and

reflecting
ago

and
working assets
to
improved from 5.75 to 1 at the end of the previous
7.20 to
1.
Cash on hand at the year-end exceeded

to

year

The
has

Cowdin

still

fund

1,

1949

of

it
on

4'V4%

its

requirements

on

®

this

from customers

receivable

'

liabilities

working

with

Mr.

stated.

cumulative

1947

61,214,527
Other accounts and notes receivable (net)-—
2,848,455
3,169,378
Iuventories
136,048,642 121,362,263
Cash, receivables and other assets relating to
advances under government contracts
1,039,402
7U8,oay
Miscellaneous investments and receivables
3,145,715
2,boo,^yu
•(Properties,
plants
and equipment,
including
and

',4

/

completely

are

company

$38,199,157.

net

its

BALANCE

savings notes

Treasury

that

falling

a

1948,

months

effective."

current

at

5,208,128

5,208,728

$

issue

that

due

come

March

15,

Years

rentals,
theatre

and 1950.

1949

INCOME

CONSOLIDATED

Fiscal
Film

ACCOUNT

Oct. 30,'48

Ended—

Nov. 1, '47

Nov. 2/46

sales and

accessory

admissions:

$33,581,160 $42,309,728 $30,809,450

Domestic

22,648,677

23,125,415

$57,989,307 $64,958,405

$53,934,865

19,408,147

Foreign

Total

nniMOOOO

Plantations
deferred assets

Malayan
4,840

profit

„„

ibo,U97

37,055,226

S.

v"'1

"n,

basic

high

some

produce

30,

are

many

report

fiscal
1

185,553

plantations.

"Accounts

reported

and

compares

year.

earnings

become

current

608,252

Casl°
U.

Corp.

liquidation)
realized

fiscal

made

The

stock

common

common

per

Oct.

This

1

markets,

to

large extent,

a

tures

pictures

20,141,585

on

Earnings

t

.

Investment in

Credit
;

13,725,369

7,041,708
$8.48
$y.J9
"After all returns, discounts, excise and sales taxes, transportation
and allowances.
$ Including $190,000 in 1948 applicable to recovery of

Dividends

'

'

Cheever

the

YEARS

1947

$1,633,128

206,350

preceding

To

------

1948

$1,407,473

1948

$1,826,674

other than taxesState franch.,
etc., taxes
Exps.,

$1,240,000.

"current

AC-qpTS

Total income

year

Feb.

on

foreign

distribution,
ended

of

758,279

—

CONSOLIDATED

CALENDAR

from

and

fiscal

and

$310,000,

„tax)

stock

preferred

residents

have
not
yet shown up to an important extent in the company's
operating figures, "primarily because of the overall lag that is inherent
in
the operations and accounting of a motion picture company."

devaluation

income
on

S

■

corporation

Current
Net

Dividends

Department.

STATEMENT

income

1947.

by

"

combined

the first

on

$6 per share on the second preferred stock, and
share on the common stock. These dividends aggregated
Stockholders have been advised that, for Federal income

per

tax purposes,

gtocks

during

Federal

31,

825,847

earnings of certain foreign operations not re¬
mitted because of exchange restrictions $298,-

stock,

cents

recovery

(after

Dec.
owned

31, 1948, comparing with 405,319 shares
foreign holdings of preferred
stock
on
that
shares, against 46,591 on Dec. 31,
1947.—V.

while

attendance

J.

yoJ, <b

862,223
Federal and foreign income taxes $14,757,417
valuation of Sumatra plantations

for

at

was

37,713,117
2,068,334

252, temporarily credited to general reserves
Equity in earnings applicable to minority shareholders' interests in subsidiaries

226,503.
•

Net

market

at

indebtedness

exchange loss applicable to
American currencies

Provision

stock

39,742,334
2,429,025

rubber inventories to market

of natural

Latin

1,055,457

common

500,000
699,092

—

funded

on

Foreign
of

This

plan¬

(net)

credits

income

State

ten

Cowdin, Chairman of the Board, and N. J. Blumberg,
President, in the annual report to stockholders, stated that although
the
company's increasingly drastic economy program has succeeded
in
bringing about a substantial reduction in costs,
these savings

/

Miscellaneous

than

Universal Pictures Co., Inc.—Annual Report—

duction

35,953,503

against

•

remittances

$

num¬

shares

York

Dec.

on

29,140

539.

p.

State

New

before.

other

'

1947

37,534,669
1,008,573

products

before,

1947.

31,

Eastern States,
and the territories, totaled
comparing with 3,600,338 shares
in the same areas on Dec. 31,

holdings

shares of

countries

pre¬
totaled

Columbia
1948,

shares

a

of

States

York

in

names

year

a

states

of

Dec. "31,

Preferred

brokers'

49,819

Dec.
New

held

shares

comparing with 749,008

1948,

in

in

District

on

366,491

totaled

169,

YEARS

'

J

from recovery of Sumatra

Credit resulting

Adjust,

t

\'v' 1948

i•"

revenue

tations

United States & Foreign Securities Corp.—Ann.

V';-:'

-471,072,403 487,126,771
and general expense——
63,417,591 57,887,817

of

sales

operating

Total

year

date

572,024,663 580,968,091

administrative

Selling,

over the 1947 period.

a

eo0as~ soldi:::::::::::--

of

Profit

v*The company's retail chain store operations under the name of
Rqbert Hall Clothes, Inc., have been satisfactory.
There are now
68, units
in operation and the management contemplates opening
about 15 additional units during the calendar year.—V. 169, p. 210.

*

'

sales

Other

Factors Corp.

,

1

,

United

by

'

'

equity

parent company's

the

of

excess

period.

ACCOUNT FOR CALENDAR

INCOME

V"

-.V

foreign

31,

stock

stock

1,097,777

of

of

Washington.-Ind., for waterproof cloth-1
Chicago, 111., for aircraft fuel cells and new plastic products.'

CONSOLIDATED
'

totaled
total

sports footwear; at

and

ing; and at

subsidiaries' earnings amounting to $1,431,000 in 1947.

volume

(The

period

company has

the

on.

in

against

common

shares

shares
names

shares

Holdings

9.

Eastern

brokers'

Dec.

on

shares

of

before.

year

1948,
A

tennis

■"

sJT, W. Schwab, President, stated that dividends received from uncon¬
solidated companies and included in Dec. 31, 1948 earnings totaled

in, their

to

a

completed the major part of its postwar expansion
and rehabilitation program.
Among the newer manufacturing plants
which reached full operation during the year were those at Fort Wayne,
Ind., for engineered rubber products; at Milan, Tenn., for waterproof,
The

cost

$320*000.

first

Eastern States
of

3,948,587

Feb.

ten

in

ten

exclusive

with

2,450,944

in

held

Preferred

including

3,613,206

ahead.

This compares

prevailing exchange restrictions.

of

is

and

rubber,

of

1946.

|fhe above net profit in 1948 includes Argentine subsidiaries'
eqifnings amounting, to $732,000 not currently available to the parent
company because

one-half of the company's sales were accounted for
remainder included a wide variety of products in the
plastics, chemicals and textiles.
This diversification
increase earnings and provide stability ior the years

The

tires.

48,080

Holdings

shares,

brokers

than

against

shares

before.

$694,185,389 $702,319,642

_____

others

stock

757,913

year

a

Approximately

8,613,000

Common

Total

corporation in

comparing
announced on

names,

corporation

shares,

Common

bered

brokers'

York

New

year before,
ferred
stock

$572,024,663 $580,968,091

——

of

fields

131,845,000

profit

securities,

$24,871,486.

$106,030;

States Steel Corp,—-Number of Stockholders—•

United

lg4?

sales

production transf'd to allied plants
value of sjnthetic rubber proauction

Value

by

$

in¬

tercompany
"Net

payable,

no

Holdings of common stock of this
on
Dec.
31,
1948
totaled 3,965,642

the United States Government.
company's activities during the past two

the

of

measure

mitsldP

WPf

1946

$

$

accounts

i

plants for

rubber

synthetic

years

(& Subs.)—

1947

1948

and

taxes

p..so.

totaled

6 Months Ended Dec. 31-

-

$?2,023,345;- total,

(200,000 no par. shares), $20,000,000; second pneferred
par shares), $500,000; common stock
(2,485,543 no
par shares), $24,855; special reserve, $103,101; undistributed net ordi¬
nary income,
since Dec. 31, 1943, $1,007,590; net realized profit on'
investments, since Dec. 31, 1943, $3,129,910; total, $24,871,486.—V. 169,

operations in 1948.
The company's rubber plantations, its
textile mills, chemical
and reclaim plants accounted for a substantial volume of production
consumed within the company which axe
not reflected in sales to customers,
In addition, the company operated

Estlin.

United Merchants and Manufacturers Inc.

DEC. 31, 1948

$33,389,021),

value

LIABIMTIES—Accrued

after taxes and other charges, was $20,141,585,
sales and $8.48 a share on the common stocK
after allowing $8.00 a share for the preferred stock.
Net income foi
1947 was $21,753,317, or $9.39 a common share.
The consolidated net sales do not reflect the full extent pf the com¬
Net

The

645.

p.

history, being only 1.5% less than 1947
$580,968,091.
Sales of replacement tires in 1948 were less
1947, but sales of all other major commodities increased over

year's sales in the company's

cost

..

the rights are exercisable at the office of Bankers Trust Co.,
York, and will expire at 3 p.m. (EST) on March 9, 1949. The
rights will be stricken from dealings on the exchange at noon on
169,

BALANCE SHEET,

ASSETS—Cash, $2,690,555; dividends receivable, $152,586;
at

pany's

Nfcto

date.—V.

Monday, February 14, 1949

FINANCIAL CHRONICLE

&

tions.
Supply and demand came into balance. Shortages disappeared.
Competition grew keener. Operating efficiency improved.
Consolidated net sales for 1948 were $572,024,663, the second highest

equivalent

contracts for
contracts may

Exchange further announced that when-issued
rights must be settled on Feb. 21, 1949 and that
be! enforced under the rule beginning that date.
The

the

that

COMMERCIAL

THE

(706)

10

Prepaid

9?'Sno'qfib

Amort,

3^227

3,202,9bb

111

film

of

J."',111

other

costs,

348,500,241 348,381,181

Gross

royalties

costs,

profit

and

includ.

theatre

and

44,009,043

exps.

38,834,336

28,786,337

on

'

.investments

256,251

6iV(>.

on

PiVS.

on

o

NOTE—The

As of

}

Dec. 31,
Dec.

556,856

0 t941,481

300,000

300,000

7

753,450

approximate

A; at

DrlO.OOO

449,994

300,000

value of securities owned

492,500

appreciation

cost

in

•'

1947

$20,325,045

;

31, 1948

117,946,687
.-/■ - ■
' :■:/('

iSa&rsstsi-'
accrued

Other

accrued

i

,

7.

•

:

Decrease

"Not

F

including

ments

($177,300

State

:(■;/:

/

dividends
in

1948

paid

from

$837,250 In
taxes of $123,000.

and municipal

realized

net

and

profit

tAfter

1947).

BALANCE SHEET,

for

-

DEC.

31,

$15,807,900),

$9,674,469;

*

■

*

:

.

:

other
•.

'

/

'

April

due

1967

1,

assets,

'

$4,000;

at cost (indicated
$30,350,570.
,

V-,j

388,583
65,109,100

value).

$4,950,000; capital
income, $454,224; net

^jtqtal, $30,350,570.~V. 169,

Earned

1 ■

$650,422;

undistributed

realized

prcfit

investment,

on

net

ordi¬

f-i

and

and

admin.

1948—3 Mos.—1947

l948-^-9'M6S.^-l947

$14,967,331 $22,030,557 $41,981,182 $59,398,439
12,714,298 19,111,680 36,338,587 51,506,768

*
exps._

^j~Net

income

1,606,666

oper. income.—

(Other

Dividends

Statement

2,177,120

4,532,913

5,384,110

$646,367

$741,757

$1,109,682

$2,507,561

89,738

110,380

31,162

117,058

231,895
456,975

252,543
440,928

$767,267

$969,195
137,393

$1,798,552

credits—

States

;

*Prbv.

income

charges—

for Fed.

102,128

taxes

320,344

230,000

280,000

435,000

1,040,000

-Extraord. invent, write¬

less

Federal

*$3,676,430

income

Federal

excess

Foreign

income

Profit

loss

for

Film

the

earned

to

216,430

—

3,000,000

*$551,802

$1,956,792

*$1,768,511

^Bhts. cap. stock outstdg.

499.241

499,241

499.241

$5,14

*$1.11

$3.92

*$3.54

"Profit.—V.

share
169,

p.

150.

income

Expenses

and

STATEMENT FOR

——

No.

;

approximaltely

of

.

Tf?p, yea77 19'cnw th,s

.=rescuing

the

final

stages

transition




307,581
1,917,964

217,033
78,568
125,401
1,643,169

(Estimated

under

or

960.498

827.119

Nil

$3.11

declared

share

common

per

"Deficit.

reduction

in

carry-ba,ck provisions

less

current

on

prior
the

of

years'

$5.32

Federal

Internal

taxes

on

Code—

Revenue

provision

estimated
income

year's

of

certain

of

$871,500

for

Federal

taxes

subsidiaries.

CONSOLIDATED

CALENDAR YEARS
1947

/

212,208

174,645

140,246

am

a rat

other

^

Due

receivable

(net)

from officers and

—

1,700

provisions

276,157

219,042

employees..

Estimated refunds of Federal taxes under carryback

$7,618,692
4,031,515

$7,870,348
3,320,209

—

Accounts

4,643

6.873

28.789
71,500

23,314
88,000

s

Oct. 30/48 ' Nov. 1/47

Cash

$1>122.545

223,948

SHEET

ASSETS—

1945

1946

$1,373,952

BALANCE

(Without consolidating the assets and liabilities of subsidiary
companies operating in foreign territories)

'

1,680,500
52,940-

——

§Cash & receivables blocked in Great Britain..

'

;
—
—

income

$1,633,970

$1,316,453

$1,190,734

$977,656

^Investments —I—

,2*292,000

2,533,095

888,815

2,032,465

ordinary

5,092,662

DipreferredPstock>n__|

1,000,000

approximate

securities owned

As of Dec. 31,

1947,

As Of Dec. 31,

1,000,000 •

appreciation

from

held by American
Note'receivable

Deposits and other assets
—

Deferred

*11,276,676

/

the rubber industry in general
from war to peactime opera-

"After-allowance of $84,000

———

for state and

—---

municipal taxes,

•

.

i
—

'

.

227,480
1,500,000

(Continued
!

•••

til

H

.

—

202,631
1,106,101

367,800
5,217,784
452,263
283,293

1,050,874
*—

$47,984,034 $53,906,605

_£

$1,243,787
t

.:

charges

Totai
Decrease

security

as

equity in net assets of sub. companies—
254,970
(Land, buildings, equipment, etc
——6,663,941
Investments in affiliated companies (at cost)—
1,299,563

1,098,000
2,218,778
the indicated

—

24,628,895

204,731
-—.—

bank

"Net

cost in

—

20,016,396

—

Cash

was:

1948

8,251,852

royalties

,

company and

of

287,718
122,910

281,380
720,374
960,498

outstanding

shrs.

com.

$2,111,500,

.

$1;628;950

income' taxes

value of

7 /United States Rubber Co.—Annual
Report—Herbert E.
/Smith, Chairman, and Harry E. Humphreys, Jr., Presii;dent, on Feb. 9 said in part:
•
■

<•+ *

361,528
208,722

iy

$1,969,232

taxes—

franchise &

NOTE—The

*

'

$4,565,219

deprec. & amort, of fixed

dividends paid

Common

499,241

per

$3,230,017

year

1948

Net

$2,564,861

loss

244,105

*$3,162,812

surplus.

production costs

income
,t

'

79,702

/

Sell., branch, gen. & admin, exps.
dividends paid or declared—

dividends of $5 per share were paid on the first
preferred stock. These dividends aggregated $1,000,000 and are taxable
to the stockholders as ordinary dividends.
During

2,900,000

350,000
379,486

tax
(est.)

taxes

536,279

2,135,000

Crl08,663
fCrl,240,000

(est.)

profits

363,398
22,186

Unliquidated advances to producers «fe advance

period—

JlNet

311,052

<te

Inventories

rfjet

*

$9,121,738

541,724

assets has been charged as follows:

it-its

•

$6,536,430

618,615

taxes

carried

for

Prov.

at estimated fair

$36,042,132.

Federal

income tax cred¬
resulting
there-'
from
of
$1,750,000—
3,000,000

p

141,830

expenses

Particpations of certain officers
employees in profits
Miscellaneous., deductions (net)

the net asses

corporation, after allowance for state and munlclpal taxes
appreciation, had an indicated value on Dec. 31, 1948, of

taxes-——-—

'

180,183

amort, of debt disct. &

&

exp.

financing

Earnings

Calculating securities without quoted market prices
and all other securities at market quotations,

State

provision,

Securities Corp.—An¬

International

Value

Total

on

Income

-down and

&

Report—

INCOME

Gross

-

-Income

214,195

100,617

Pfd.

$3,201,032
392,521

income—

Int.

accounts of

for doubtful

$14,076,670:

United

Industrial Cheihicals, Inc.—Quarterly

-JJet sales.
C^t of sales-,

348,500,241 348,381,181
reserves

$8,765,713

281,006

inc.

■■:

$2,484,711 for 1948; $2,412 for 1947
(After reserves for depreciation of $194,539,059 in iy
$184,689,374 in 1947.—V. 168, p. 2440.

"After

616

59,657,008

■

Total

p. 50. '

Period End. Dec. 31—

-Bell,

surplus,

65,109,100

67,546,157

/•)

nual

^*7

J»8,ohj

52933 025
IZill'w ™'?,??'008

surplus
surplus

Capital

■

■

LIABILITIES—Accrued
taxes
and
accounts
payable,
$70,754;
1st
<8>Teferred stock (100,000 no par shares), $10,000,000; second preferred
$topk (50,000 no par shares), $50,000; common stock (985,000 no par
j>haies after deducting 15,000 shares held in treasury), $98,500; general
nary

^'9^2963
8,1/4,

stock

stock

$6,075,241

306,046

earned——:
taxes of

disct.
of

&

respect

Income

Total

2.3^0,721

-

*$4,083,093

—

int.
in

annnnooo

8,711,457

preferred stock ($100 par
($10 par value)—

noncum.

Common

total,

V

•'•••;

8%

Balance

Divids.,
Adjust,

?:SSS

::::::::
reserves

l

....reserve,

9

prior years

non

retirement allowances

for

Reserve

—

J5,000,000

—

Minority shareholders' interests in capital
and surplus of subsidiary companies—

'

1948

Investment in U. S. & International Securities
Corp.,

Value

debentures

notes

708,

-

ASSETS—Cash, $1,229,814; dividends receivable and interest accrued,
$119,808; securities, at cost (indicated value $31,258,735), $19,322,479;

4"

bank

General
J

: :

Serial

invest¬

on

allowance

'S'
7nft^4Q

,

1,039,402

liabs.

contracts &, related

govt,

$2,378,358

;

12'?Sf'2S

taxes—

liabilities

under

Advances

$13,980,264 $26,134,069 $25,148-,528
Sell. & branch exps.—Domestic..—
10,475,770
11,133,660
9,07,1,4)26
Foreign
'
4,812,247
6,056,470
5,21?45JL
Gen. & admin, expenses—Domestic
2,354.745
2,488,167
1,808,355
Foreign
420,595
370,531
291,283
——

—

taxes——

2%%

»

38,024.170

32.890,045
income

Federal

Accrued
Other

/

.

A^ounts^payifble

__

indicated

the

was:

'

i.

— __

400,000

1,280,500

from

Total

*

!

Dr8,975

449,994

1st pfd. stock,2nd pfd. stock-

♦piVs. on common stock
<

1,092,252

1,364,598

999,573

for. fed. cap. gain
(tax on" undist. profit.

Prov.

on page

40)

Volume

THE

Number 4777

169

COMMERCIAL. &

FINANCIAL

CHRONICLE

Pet

MVIBEIIBS

Name of

Equitable

! Dividends

v

first

which

Then

week.

current

follow

we

show, the dividends

we

with

previously announced,

Investment

News

'

(South

Share

Insurance

Fanny

but.]

,

Cotton

Mills

Farmer

Co.

Co.

Candy

,

Fibre

Products

Finance

Co.

of

df

C.)

(irreg.)___

(quar.)

5

Philadelphia
Philadelphia

3'A %

1

3-31

3-15

$1

3-10

3-

$20c

—

*'

3-22

3-

RR.

Fitz

Simons

Connell

*r

3-15

3-

4

3-15

3-

4

dividends

this

announced

'>;■

'

1

week

25c

3-

1

2-18

of Company
,,-YvPower & Paper Co., Ltd.—

$1.50

preferred

$2.50

prior

Steel

Acme

Allied

Co.

Finance

Allied

Gas

Allied

Mills,

25c

4-

1

3-14

Mfg. Co.,

Co.

Aluminum

of

Aluminum

Industries,
Chicle

Co.

American

Cities

Power

dividend

1/40

Stock

American
class

be

not

each

American

Preferred

for

each

Fractional

iu

lieu

at

the

B

share.

7'U

thereof
rate

.

~

W ire

tquar.)

Woolen

Co., common
$4 prior preferred (quar.)
7'!<■
preferred tquar.)
Argo Oil Corp.
(quar.)

v

&

Company

convertible

$6

25c

Gas

Series

2-21

1

-2-21

3-

25c

3-14

3-

$1.50

3-15

'

$1.75

4-15

4-

20c

3-15

i,:

A preferred

_________

Ciass

Avon

Ltd.,

V.

D.

4'A%

prior preferred
Hydro-Electric,

if,

;

preferred

(quar.)_____

(quar.)

7#
preferred
tquar.) ____
Belknap Hardware k Mfg. Co
Bigelow-Sanford Carpet, common
•6'#

preferred

Black

Hills

4.20 fo

Bond

Power

City

3%#

tquar.)

Ltd.,

Gas

preferred
tquar.)
Forge Co

Camden

Cotton

Forge

bVz'/i

Co..

Canadian

Class

Ice

A

-Class

A-

3'A#

1

Machine

3-

4-

$1.25

1

1

2-28

2-18

15c

3-15

2-18

15c

3-

1

2-18

4-

1

3-15

$20c

(quar.)

4-15

$21c

-4-

_»_!--

$37'Ac

1

3-10

3- 4

33-

585/8C

4-

1

30c

4-

I

4-

1

30c

--

.

4-

1

4-

1

preferred

4-1

3-15

Steel

Central

37'Ac

iquar.)

Wire

k

Co.

tquar.)

Engineering

Co.

Chatham

Co..

(quar.)

i

;

-4#

.

-

B

class

(quar.)!

preferred

T., C,. for

Cincinnati

series

.4#*: preferred

Collins

(quar.)

<fc "Aikman

Public

Consolidated Gas
Consolidated

Stamping

Utilities

Corp.

Ltd.

Theaters

A

A

-

Casualty Co.

-increased
•Coronet
r

3-

t

3-

3-25

2-25

1

2-15

1,.

4-

3-

3-15
1

t

:

'

50c

y

Common

Co., Ltd.—

(increased)

5#r preferred
Creole

Wife

preferred

3- 1

4

.*•

,!•

1

3-

3-

75c

____

1

Power

Light,

k

'

■

4- 1

$1.12'A

»10-

2-15

45c

3-

'■•

Delaware

Dentists'

:

B

Bound

&

Supply

Brook

preferred

preferred

2-11

Union

:

•

:■<

Portland

Diamond
Dtsston

$1.75

:
(quar.l

*_•

..

-

•

Dominion

Chemical

k

Tar

tquar.)

,Co:nmon

$1 .-preference

Co.,

$23c

(quar.)
Ltd.—

3^ 4

New

Chemical

2nd

$3.25
T.
.

$4

1
1

(C.

Plastics

Durez

Sugar

A

.

k

Loaf

tquar.).i_—

Chemical

4-1

4-1

<

v

Electric

Controller

Electrolux

Empire

(quar.)

__—c____

&

Inc.

District

4-15

4-

4-

2-23

Mfg.

~




Co.

(quar.)

1

4- 1

.

"

c3-18

2-21
5 ,%c
'28c

-

2-25
3-15

•

1

20c

3-

1

$1.06'A

4-

1

4-

Soutlrern

!

;

4%

quar.)

-,5'A%

/Southern

Mfg.

1

3-14
2-21
2-23

3-29

2-23

$1

1

2-15

2-15
3-21

3-

5-

Staley

'

.1-28

2

1 Standard

2-25

Oil

2-2i:

50c

3-

1

2-15

97 '/2C

3-

1

2-15

20c

4-11

3-29

10c

3-31

3-

4

31'Ac

3-31

3-

1

30c

3-

1

2-18

81'Ac

3-

1

2-

(quar.)_

•

Lines_

/

!

common

25C
0

(initial

.265625C

3-1

2-15

4-

1

3-18

Stix

3t10

2-18

Sunray

3%#

Oil

Co.

of

&

Fuller

Oil

4'A#

3-15

2-28

Tampax,

*4-

1

3-15

Telephone Bond

2-26

Y 2-14

3-15

3-15
2

4

3-

2-25

5

3-

54

U.

$$5

3-12
7

2-18

65c

3-15

3-

3-

$12'Ac

4

1

2-28

10c

3-

1

2-19

81'Ac

3-

1

2-19

.

10c

(quar.)_______

3-

1

35c

3-10

3-31

(quar.)^___

3-

3-.

3-

3-

9

2-24

3-31

3-12

50c

2-10

3-15
3-10

25c

4-

1

div.)

Co.

50c.

4-

1

3-18

2-28

4-

1

,

•

9*

2-15

25c

3-

5

2-23

4-30

4-13

2-15

2-10

5-15

5-10

8-15

8-10

25c

11-15

11-10

75c

:V

2-18

3-10

$2

t-

InC

6-10

50c

1

2-16
2-15

62 'Ac

3-25

-3-10

50c

3-15

3-4

$4Qc

3-10

$50c

,*

2-25

3-15

;___

'

2-15

2-15
2-21

50c

(quar.)

1

4-

5

25c

>

3-

25c

'

.

Co., common
(quar.)'_'____

Ry.

5-16

••

1

3-

15c

Ltd

Stationery,

3-

•30c.

Goodcrham <fc Worts, Ltd.__

Erie

2-23
2-18

3-10

•$2

Ji

Co. ..(initial)
Pictures (quar.)

Lake
'_____

Y

3-10 Y:

< $1

(quar.)

Mines,

3-

1

3-

1

2-18

4-11

3-24

$1.25! 1

common

50c

-

Y

$1.25

7-

-

2-ia
3-

;

4

"2-1$

1

6-16

'

481.12'/a

(quar.)

3-1

v

Y-75c

:

____!

2-15
•"

4** 1*

683Ac

C.>, Ltd.___'__!
Willson Products, Inc.
Wrigley (Wm.). Jr. Co. (monthly)
Young (L. A.) Spring <fc Wire (quar.)
-.

2-

'

Disinfecting

'/Extra

3-15

>

25c

common

Co.

preferred

-Extra

2-28

2-28

5#

Wilson, (J.

,f;;;

—

2-28

1

(quar.)

preferred ■(quar.)___.
(George), Ltd.—
4V2 # redeemable pfd_,!(quar.)

v

'

3-24

4-

25c

Wheeling <fc

3-15

*

Bros.

2-28

4-15

35c

-5%

i

2-16

—

Mfg.

2-18

25c

Company,

Amulet

2-28

3-10

35c

Weston

2-28

40c

•

1-31

$2.50

"

-

■

I

3-19

1

3-10
3-10

2-28

quar.)

Insurance

"Western Tablet &

2-15

3-15

25c
;

3-15

4-

28'Ac

(quar.)

Corp. (quar.)
Railway Co.
(quar.)
Corporation
!

Waterloo

$5

3-10

3-10

Z~I~Z

Walker (Hiramt

West

3-20

4-15

Products

..Warner

3-21

50c

—

r
.

I

75c

!__.

■

2-25

& Share—

Co.,

Chemical

Visking

1

25c

(qusr.)___"

Raalte

Y Waite

2-19

3-10

$1.75

i_A

share

B

(increased

/Virginian

2-17

8

7

25c

preferred

2-18

50c

2-

3-

26 Ac

1st

Van

8

2-15

2-19

25c

tquar.)

non-cum.

Vick

2-

933/4c
933Ac

(quar.)

Coip.

Rubber

Victor

4-13

2-15

50c

(uqar.)

preferred

.

4-15

35c

(quar.)

1st

3-15

2-19

1

94C

com.

non-cum.

2-11

3-

•4-14

'

$25c

1

quar.)____

(quar.)

S.

2-19

1

3-

$1

r' -8 fo

•

1

3-

40c

(quar.)

8%
30c

.1

pfd.

Inc.

Underwood

2-19

<2-19

3-

*

(quar.)

Quarterly
Quarterly
Quarterly __j

2-15

3-

A

Trinity Universal

2-23

3-

30c

f
5

2-19

40c

7%
1st preferred
(accum.)
Texas Gulf Producing Co.
(irreg.)
Stock dividend

2-15

2-

2-

1

25C

(quar.)

1

3-

25c

_

(quar.)

com.

preferred
conv.

2-15

3-

25c

(quar.)

com.

2-15

30c

$2

Co.

Corp.

4'A%

4-30

2-1

2-vl

50c

Co.,

Ohio

preferred A

Baer

2-15

7'/aC ;YYY3-;T"
$3 Y v'5- 2

1
1

quar.)C .320829c

(quar.)

(Kentucky)

2-15

:

1

3-

3-

?

-

15c

Standard

4-

1

3r21
'•

3-21

$15c

3-15

20c

3-10

25c

4-

25c

3-15

3-

1

25c

3-15

3-

1

!

of

2-28
2-28

•

1

3-19

1-28

_____

Corp.;-common

'

(quar.)__

.■

.

.

/

13c

8c

(quar.)___

Co., $2

Insurance

Co.

Pottery

1-31

'

A
'

1-31

2

2-2

;

3-

1

2-8

;

3-15

3-

1

4-

3-16

Acme

1

3-15
3-

$1

3-

(quar.)

1

8

3-11

Corp.,

3-

-

1

3-

1
4

>3-10

<

,

Coke..___i^—^—I

preferred

(quar.)

2-15

2- 5

1-27

Sugar

Refineries,

Co.

Mfg. Co.

1

8-1
3-10

„

•'

$25c

4-.-1

$$1.25

:

(reduced)

D.)

Ltd.—

(quar.)

4-

3-15

50c

2-15

2-^4

25c

3-30

3-15

;

i;

(quar.

&

Engineering,

20c
r

Agnew Surpass
Aircraft

-

Radio

Inc.—' ' '

,

-'

.}
■

Akron "Canton
'

Common

2-15
2-15

1

2-24-

"5%

2-15

$35c

3-15
/

2-15

$1.50

4.-15

$1.12'A

3- X

_'Y5%

Alabama

i,

2-2$

i

«...
•

3-21

2-18

d-26

4-

3-15

i

"

V

5Ia

.

3-2'J

:

!

r-

U5c\ Y'-t- 1.

.

Corp..^

tic

&'Youngstown RR.

-

.j

$3.50

-

Alberton

Gas

prior

Corp.,

50c

50c

_________

preferred

Corp

Alpha

Portland

Cement

Allied

Kid

(quar.)_

Co.

$2.50

'

1

3-13

4-, 1

3-15

.

(increased)____.

4-1

Ylo- 1

30c

;.:3-10
; 3- 1

•T

•■8.7yac
I—

/

$2.50

,

(initial>4_^_!^

(initial)

/____

4■

"

—~

common

3-1

1

*_

(s-a)_—

praferred-i(s-a)

1

1-31

3-15

/

Co.—

(s-a) Y_

preferred

*"

2-15

;

2-24
-2-26

•

(initial

Shoe Stores, Ltd./
«

3-15
3-15

■

-

22'Ac

preferred

2-24

•

3-31

25c

$1.25

(initial)?.

convertible

3-15

.

25c
-

common______

2-21

.

2-18

3-10
3-

2-24

5c

2-15

$25C

preferred ' (quar.),
Affiliated Gas Equipment,
$3

3-

50c

•

Holdere

Payable of Rep.

25c

Roller -Bearing Co., common
'convertible- preferred (quar.)________

;

—

v

20c

•

Light.it

4'/a %

(J.
Ball

Common

3-15

50c

Peoples Gas

Wire

2J19

3-15

90c

—______

*

Ltd.—

A partic. preferential
preferred - (quar.)

2i18
-*t

40c

(quar.)
Company (quar.)-_-_————

A A f-s*►

•

PerWhen
Share

(quar.)

15%

•

2-15

■

2-25

3 7'Ac

common.

!../ .VJ

■.

.

Corp.

Class

-

-5%
!- Aetna-Standard

2-15

50c

Co.; (quar.)_——-_A_!

>

'

T

(initial)

Acadia-Atlantic

Aetna

2-15

20c

.

Company

Vending
Inc.

common

Adams

;.•

2-2$
3-15

,

l"

>3-10;

15c

—__

2■

3-31

$1

Yf 30c

•

F.

«'•' .5%

$1

quar.)

C.

New

3-

3#

--

(quar.)

Manufacturing Co., Ltd.—
'-7% preferred (quar.)
—!-__
Peninsular Grinding- Wheel
Co..
Perfex

T

20c

2-15

Extra

3-

B.

Abitibl Power k Paper Co.,

2-15

A3-10

(s-a)_-_c_

'

-

t$l

preferred
Pen

Name of
A.

1-31

2-15

2-15

$50c

;;

pfd.

■'

A,';

1-31

,

'2-28

Y20c

dividend)_^_'A_"

being given In the

••;

1-31

50c i

Tube.Co.____.

Tail. Power, Co.,

preceding table.

.1-31
-

.

60c

Co. ^increased

Co.

2-15

$1.25
v.

(reduced)-

Manufacturing

'l-3l'

2-15

7c

Co

Ltd._____

'

"

10c

(quar.)

(stock

2-15

9c

(J.,J.)

Corp.

2 28

2-15

10c

Co.

2-28

2-15

16C

!__

Life-insurance

Candy

3-10

_3-10 *

12c

,

—

.(quar.)
Storage Warehouse

Mines,

30c ;"

.

,

series__T_—
series.^.

Below we give the dividends
announced in previoua^
weeks and not yet paid. The list
does not include divi¬
dends announced this week, these
•

$1.25

•;

1

:

.

"

Paton
-

2-21

3-14

Extra

1

Y

Pennsylvania RR.

Parker

2-18

3-14

Standard-Coosa-Thatcher

1

25c

(quar.)

Auction

Onondaga

..

common

E.) Mfg. Co., com.
preferred (quar.)

1

Co.

River

$3.60

2-28

3-15

(quar.)

3-

Inc.

Electric

Otter

3-15

'-'.s

(quar.)
preferred (quar.)
Insurance Co./(quar.)

Life

3-

—

Ohio Seamless

■

2-28

25c

$1.50

(quar.)

(A.

3-11

30c

—

3-31^

3-10

preferred

$18c

(stock

4-15

30c

preferred

fund

Mills

$3.75

4-18

c

6'Ac

(quar.)

(quar.)

each

2-15'

$2C

(quar.)

preferred

25 c

trade

World

Oak

sinking

Spartan

Corp.— ■.!/_"*

for

Co.

Bed

convertible

b'/e

2-21

1

37 '/ac

Paper

2-15

2-25

Co.__

Investment

Southwestern

2-15

3-

15c

—^___

shares

2-25

$2

Spring

convertible

5%

3-

$1.12»/2
.AA.

Inc.___

Coated

10c

60c

A

Water,.

convertible

Southwestern

25c

Y:

(quar.)_

pfd.

2-28

:

(quar,)_

15 3/10c

Corp.-

2-28
2-18

3-15

(quar.)

preferred

25c

(quar.)

(initial

2-18

3-10

,

2-21

$30c

(quar.)

Greyhound

'

tquar.)

conv.

Steel

preferred

2-21

60c

pfd.

1

3-15

(increased)

Co.

class

California

4V\r/o

3-29

40c

$1

&

Southeastern

*

,

10c

93%

com.

3-

3-15

Extra

:A_

Inc.

Ltd.

Pen

America,

«

<

2-25

1

2-18

preferred

3-10

3-

1

37'/aC
4'- $1

(quar.)

City Gas & Electric,

3-21

$1.38

3-

1

$1.50

4-

.

3-10

$1

Manufacturing

3-10

$1

$1

Co.,

A.)

Saw

3.90#

3-10

1

1

50c

3-10

.

t40c
•

8

2-10
„

3-10

4-

20c

Co.

Co.__

(quar.)
i Society
Brand Clothes, Inc. (quar.)
:■ Sonotone
Corp., common (quar.)
:i
$1.25 convertible preferred A (quar.)__

2-18

1

(W.

Corp.

Sioux
,

3-

50c

Co.___,

stock

2-18
1

2-23

2-12

shares

York

Nutrine

2-9

$1.25

3-

3-15

1

Extra

Z/;YY'' 5c

North

2-21

2-15

V

———■—'

Electric

3-

50c

3-31

4-

_

■

Singer

2-21

—

North

f

1

50c
.

4-19

35c

Fund.

Noranda

2-1

3-15

3-15

3-21

'=$4 prior preferredr(quar. l
"*•

•

1

4-15
2-15

-

'20c

-

(quar.l ._^_-i-__
Co.zri™_a_z.__—-

Corp.1- Lj.__——•—:

Electromaster,

$1
$1.25

Y

3-

20c

25c

(quar.)

com.

(quar.)

Lead

Bridge

Simonds

:

3-30

(quar.)

com..

7 NortheasternWater

:

3-1

'4-15

:

37V2C

Newmarket

2-25

25c

3-25
4-29

,

1! Shoe

3-

share?
shares——

•/; Newberry

3-1

8IV4C

:
—:

(quar.)

Coal

V Eastern Utilities Associates
•

.

2-18

■>, 2-15

25c

1-•!'V

4-1

1

2-23

.

Noma

4-1

3-

2-25

3-21

"

1

3-15

i

2-10

3-15

Sheep Creek Gold Mines, Ltd
^Shepard-Niles Crane & Hoist

•

2-28

(s-a)

3-

$50c

_____

(quar.)
5# preferred

A.)

2-18

3-16

2-25

(quar.)

(quar.)

Extra

15c

Company (quar.)
Mfg. Co. (quar.)
Niagara Lower-Arch Bridge (quar.)

5-2

$25c4

-

—-

(s-a)_^—______

common

preferred

preferred

.Dunham

East

Co.,

1

equipment

New

•

Diiw

3-

interest

com.

Mills,

group

New

•

.

J25C,

Co.,. Ltd.

Paper

3-11

3-11

Corp.

Bedford

•

Donnacona-

1

1

75c

series ?_

.Railroad
Retail

2-18

<

.Sarnia

iSheaffer

25c

series-

;? Nesbettr

s't
.

—

tquar.t i——___^

,

-3-10
-

2-15
2-18

25c

3-

-

1

4-

Controls,

Manufacturing

3-

4-

(quar.)

2-14

3-15

75c

4-

7-

■

.

3-lL

;-

-20c

(quar.)-—•

Ltd.

lV-

-7- 1

A- 25c

tquar.)

Inc.

Corp.-Seagrams,

pfd.

Corp. com.

Discount

Preferred

0

Corp.

Joseph

3-10

$1.06'A

(increased quar.)

Corp.,

Railroad

2-14

1

Rowe

1

30c

29 lie

Texas

-

;V Selected

!

2-13

-'4-

/SeOc

-

Cement,

k Sens,

(Henry)

Distillers

St.

shares

'held.

-Balanced

>

2-15

1

2-20?

$1.75

Yard

Russell

2-21

—

'preferred

Stock

2-15

3-

>18c

Harvester- Co.*—

Detroit

i

Stock

3-17
2-21

25c

pfd.

conv.

.

2-15

3-

* 50c

common.

(quaT.)"___

Denver

•

-

(quar.)

7#

tquar.i

Y.,

7#
*

'

;

RR.

Co. of N.

1

3-15

,

25c

of

Works

(quar.)
Haas Company, common

preferred

3-15

Co.* (quar.)

Ltd.

additional

common

'5%
'

2-11

1

$4

(quar.)

preferred

&

30c

(quar.)___

National Trust Funds—

2-21

3-1

933ic
93%c

Rohm

$1.10

(quar.)

(accum.)

Gum*&

National

v

*,v';

9-15

-

4-

4% fo

!—_

$1.25

Cedar

Robertshaw-Fulton

(quar.)__

Calculating Machine (quar.)
:
(J. P.),.i! Co., Inc.-(increased)

Nashua

6-15

1

common

(quar.)

preferred

9

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

Murray, Ohio

v

3-15

7-1

$1.12Va

(quar.).:

3^4#

•

3-

«__——__—

Wheel

Three

3-17

1-

3-10

.r_,»$1.12Me

(quar.)——'

•

■

Y. .Yv:'V

$$1.25

3%%; preferred A

4-1

50c

Investment

Rubber

"

Dayton

9

50c

5#

Co.

Carpet

Monroe

.,A

3-31

Oil

Mohawk

3-15

'Y

-

.

:—$37'/2C

—

(quar.)

Petroleum

Corp. ireducedl__
i CUrlee Clothing 4'/a# pfd. (quar.)
4'A# preferred tquar.)

:

3-

3-11

•

common

(quar.)

Richmond

1

(quar.)

(111.),.

Republic Insurance, Co.

4-

$1.06'A

Co.

2-21

25c

$1.50

(quar.)
Mullins" Manufacturing Corp.

•.

''

Co._i.__A—A $1.50

Midland

Mfg.

preferred

2-21

1

1

$1.25

7%' preferred (quar.).
Mid-Continent Petroleum

/-/.Motor

2-23
2-

'

3-31

(Chicago)—-

.

>

4-

3-

3-

Company, Ltd. (quar.)'
l.
Sales Co.__________________

Textile

/.Morgan

;;3- 1

1

3-

•-

2-21

,

3-15

30c

*

Paper; Box

87'Ac

3-15
<

A.—

Corp.,-new

_.Mohawk

3-10

3-15

15c

(quar.)

i

2-15

3-

75c

.

i

•

2-28

-

1

$1

$13c

quarterly

Phosphate

Corrugalfed

2-16

Reliance

2-15

25c

•

Continental

1

87'/aC

(increased

Company

Metal A5 Thermit

>!;

'

.

3-15

37(Ac
<

(quar.)_

tChicagot

■

50c

(quar.)_

class

'

25c
—_

D.)

2-19

1

25c

:

Service

Assurance Co.

3-

3-15

1

Participating

2-15

-

—.

Inc. (quarihr__;.™__ii—
Light: & Powcr Co..—_—

Continental

25c

(s-a)

Canadian

$3.25iConv.
«

5-16

8-15
11-15

(monthly)

Co.

Wire

S.

preferred

Metal

v

2-19

3-1

35c

Congoleum-Nair-nj
Connecticut

,

.«_

(H.

McCord

4

3-

,ui$4

___

Shearing

Community
»

RR.—

Corp.:__"A___^___________

Commercial

1

1

$1.12'/a

4#

H.), Inc.,

Mfg.
Maxwell,
Ltd.

1-31

3-

1

6-

25c

preferred

Mines,

(M.

Ludlow

2-49

v$l

common—!

Co.,

-3-

1

75c

■

preferred.—:

'

•

2'Ac

tquar.)

Paul k Pacific
A

Milling -Machine

•

2'/aC
—:

(quar.)
preference

3-14

2-10
3-

25c

tquar.»___—

_

Chicago Milwaukee- St.

.

A

Corp.. .$3

Chicago
V.

,

Mfg.

Class

A
r

25c

»•.

Chambersburg

•

Shore

5%

.

>•-6#
•

&

Lone Star Gas

v

2-15

3-

$40c

1

(quar.)_

Corp.

preferred

Lowhey( W.)

3-15

2-15

$40c

(quar.)

'

3-15

30c

—

Extra

3-15

1

(quar.)

"

3-15

3-15

1

3-

12-

$1.50

;3-15

30c

1

4-

preferred

$1.12'/a

Industries

preferred

London

3-18

com.—

voting

Lee

1

4-

$25c

;

$40c

(quar.)

Corp.,

2

3-10

—

—

common

4-

$4
25c

common...

common,

preferred

4-

__A

Co.
(quar.)
Lansing Stamping Co.
Lee <fe Cady
Co.__i.-i.

3-15

1

$1.75
81.25

(quar.)

Ltd.,

non-cum.

4c

Corp.

convertible

Lamston

•$6

Mills,

2-21

(quar.)

Inc

Johnson

Consolidada

Lake

(quar.)
preferred A

Knitting

7

2-10

preferred

Lane-Wells

(annual)

Corp..

&

American
•

3-

3-15

1

Co..

Utilities

Keystone Steel

3-31

1

3-10

15c

(quar.)_

non-cum.

$5c

(quar.)!

Gas

King-Seeley

3-31

4-15

v

com.

9-

"

La

Inc.,

$1.60

_______

preferred

Co., com. (quar.)_
preferred (quar.)

$1.20

3-21

45c

343aC

i.

-Non-voting

3-15

:

"4-

35c

Mills,

$1.00

1

3-21

——

of beneficial

Kerr-McGee Oil

Co., Ltd.—

Co.

Extra

3'

2-18

3-15

30c

Company common (quar.)
$4.50 preferred (quar.)—
Kent-Moore Organization, Inc.
;

2- 8

2-15

1

87'/aC

(quar.)

1

3-

preferred
prior

■

3-

15C

$40c

50c

Kendall

Boxes/ Ltd.—•

tquar.)

Plywood

3-

1

—

tquar.)

preferred tquar.)
Fibre Products, Inc.,

Central

4-

7%

________

Tea

3%%
Johnson

3*

3-1

$20c

Wircbound

Cascades

3-

—_

—

Investments, Ltd.

(William)

Carter

1

25c

tquar.)

Canadian

4-

Jewel

2-19

$1.10

-

Canadian

1

(quar.)

com.

tquar.)

preferred

General

1

2-2

3-

2-21

37'/ac

quar.)__

(quar.)

common

Paper

A

Southern

Jacksonville

~

Y

Extra

3-

2-9

common

convertible

3-11

$$0.234375

Co.

Iowa

1

preferred

(quar.)

Bartlett

Securities

Certificates

2-19

1

$25c

'

—

Mills

3-

30c

_______—_—

Co.,

2-19

1

50c

_

(quar.)

Co.—

(quar.)

Buffalo

3-

$1.35

2-19

$1

tquar.)

com.

3- 1

$1.05

_________________

Brunswick-Balke-Collendcr

$5

30c

2-18

3-

Ry.—

non-cum.

Nickel Co. of Canada, Ltd
Paper Co., com. (quar.)
$4 preferred tquar.)
Interstate Telephone $5.50 pfd.
(quar.)
Investment Trust of Boston-

2-18

•

—-—_"Y'

tquar.)

Borough

1

1

non-cum.

International

3-

tquar.)—____

Oil,

preferred

California

(quar.)

Inter-Ocean

2-18

3-

$1.60

International

1

3-21

$1.25

(quar.)__
Ashtabula

$1.60

Reinsurance

2-11

3-

1

1

25c

Rayon

3-10

60c

__

—

preferred

preferred

4.40'/

tquar.)

preferred

Hosiery

5%

3'A%

(quar.)*

,

&

preferred

3-10

1

1st

$7c

Co.,

Fund,

4- 1
4- 1

■

15c

(quar.)

Co., common
(quar.)

preferred

Intcr-Occan

1

4-

Co.—

3-

Ltd

Dauch

.Industrial

2-16

4-

preferred
Youngstown &

53 Vic

$1.75

Chemical

&

2-15

2-15

25c

3-

$1
$1.75

—

common

(quar.)

Co.

$1.20

British-American

Brooklyn

1

2-15
2-28

3-15

_________

(quar.)

Paper

Plan

5%

2-16

1

3-

$1.50

Light,

•

Mfg.

Inc.,

Bowser,

3-

40c

—------

tquar.)

Inc.

Stores.

Border

&

2-15

4-20

(quar.)

preferred
preferred

5.40#

12'Ac

2-21.

1

> '

<quar.t___

(quar.)___w_—--———-----

.

3- 1
3-

....

1

3-12

2-19

.

3-

1

3-19

$25c

Hydraulic Press Mfg., 6% preferred (quar.)_
Indianapolis Water, common class A (quar.)
4'A Vc
preferred B
(quar.)

2-19

$1.12'A

___

common

;2-19

3-15

8c

&

Howe

3-

15c

tquar.)
preferred
(quar.)___
com.

Packing Co._
Silk

Regent

—

preferred
(quar.)
Chemical Co., common
preferred A (quar.)

4'A%■

3-16

3-15

20c

Mills

(monthly)
Corporation, common

3-31

tlOc
J12'/2C

common

tquar.)___________
Allied Products, Inc. (quar.)

Bangor

,Y

^56'Ac

—

A

•Avondale
B.

Co..

Y.)

Ltd.__

Honolulu Oil Corp.
(irreg.)
-Honolulu Rapid Transit, 6
Hoover Company, common

______

1

3-19

Monthly
Hinde

(quar.)

Service

Co.,

Sugar Co., $5

Spencer
Monthly

2-15

:

(N.

(quar.)

Corp.

common

preferred

V/a'/o

1

1

4

3-

25c.

$12 '/2c

(quar.)

—_——

Co.

Utilities

Hibbard

till.) —

preferred

Wire

Mines,

Heyden
3'A '/o

2-28.
2-28

3-15

f'$l

(quar.)_—

4

3-15

4-

50c

Co.

Die

preferred

4'A '/o
•

Light

Electric

Auto

States

Hallnor

3-24

$1.75

_—______

__

•

2- 7

(quar.)
$1.50
4- 1
;3-10
Co., common (quar.t-—
30c
3- 1
,> 2-18
4 '/a ft
preferred
(quar.)
$1.-12'/a
3-1
2-18_
Atlas
Imperial
Diesel
Engine
Co.—
7-■Y?
Atlanta

;

Gulf

Hammermill

___________.—

Armour

7

Sanitary—

——_____—___—

Co.

(B.)

k

Corp.,
preferred

$4.40

—

American

3-

4-11
2-18

4-

10c

Paper

Tap

Guantanamo

3-25

-

20c

tquar.)
&

YY"'y0

■

2

2-28

25c

$1.50

Indemnity

Northern

4>/2%

41'Ac

5-

(quar.)

Greyhound

—__—

Standard

American

Greening

will
pay-

of

Real

Quarterly

share

shares

Rath

$1.25

3-

.

25c

Greenfield

non-voting

Steel

Great

-$3.50

2-17

tquar.) _:

—

Trading Corp.—

Radiator k

preferred

"

2-14

4-11

(quar.)

Harvester

2-18

1

5-

(quar.)

pfd.

Mackay Stores, Ltd., class A
Class B __!

Great

Common

American

3-10
-2*21
2-23

3-10

preferred

1

$1.25

$5

Gordon

North

of

Co.,

2-10

■

_________

(Increased
Prentice-Hall,
Inc.
Radio Corp. of America—

3-10
2

1

Transportation—

__________________

preferred
(quar.)
Portsmouth Steel Corp.

9334c

(quar.)

3-15

3-

7%

3-24

3-

$1.25

2-24

3-31

25c

pfd,
(s-a)
Norristown

k

convertible

Pittsburgh,

3-14

3-

$$1

(increased)

1

4-1

$2.75

(quar.)_

pia.

Extra

Corp.—

share

a

but

class

-

50c

Light

common

Palestine

American

k

of

1
3-15

4#

common

(quar.)

Power

Gleaner

"Y,

4-

15c

made

be

2-18

(quar.)

held.

issued,

will

ment

for

Co.,

stock

B

3-10

93 %c

Corp.,

prelerrcu

$6

2-17*

50c

—

Canada, Ltd.,

preferred

Georgia

3-31

common-—

of

Motors

General,Tire & Rubber Co.

1

3-5

Inc

American

3-

40c

(quar.)

tquar.)

■

3-11

Co.

%

81'Ac

(quar.)

common

preferred

America,

preferred

2-15

3-

R(,c

4-

75c

_

$3.75

2-10

1

25c

A

claoc

&

Geners.1

2-21

2-25

25c

(quar.)...

(quar.I

convertible

$3.75

preferred

4-

Allis-Chalmers
3 'A',(

5#

3-1
b- I

3-i2

—

Co

Inc.

4-1
4- 1

$62'Ac

1

(quar.)

Co.,

$37'Ac

.

(quar.)

Co.,

Wallace, Inc., $3 class A (quar.)
Wayne k Jackson RR., 5 ft pfd. ts-r.)

Fort

Goir

(quar.)

preferred

Forbes

payable of Rer.

Slure

'

Shoe

nori-cum.

Suburban

convertible

$5

12'/ac

Holders

■.\vnev

Name
Abltibi

Florshcim

arc:

3-10

87'/a c

$1.50

5#

(quar.)

4%

"

The

50c

Germantown

Pittsburgh Coke

Dredge k Dock Co.—
.■

Holder*

Payable of Rep,

(quar.)___

_________________

(quar.)

Co.,

Pitney-Bowes, Inc.,
$2.50

Department'' in the week when

When

Share

•

,

common

1

$2.50

declared

L'

"

Co.,

preferred

Philadelphia
Quarterly

5

Baltimore—

at

k

11

25c

3-21

37'/2C

■

_______

Ltd

5

2-

2-15

2-21
4-

(Charles)

.2-

'

2-15

25c

Dyeing Co. (quar.)

Canada,

America

2-15

.

;

$50c

Per

<

Name of Company

:(

Pfizer

Canada___

Shops

Fenton United Cleaning &

Holdert

—

of

(N.

(707)"

Payable of Rec

r

Carolina)

50c

Life

Erwin

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

V

Co.

20c

Equitable

in

table

second

a

Ins.

Semi-annual

.

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

we

Company

Fire

When

Y-.

3-15

!. fr-15

,

r

2-28

'

2-19

•

(ti

lr;37'Ac
37'Ac

■

3-10

2-15

4

2-15
2-

9

*

12

Company

Allied

Laboratories,
Stores

common

4%

Corp.,

preferred

Allis

(Louis)

Alloy

Cast

(quar.)

Co.

Steel

Extra
Altes

_______________
—

——

Co. "> (quar.)

Co.

Aluminum

2-14

Belden

3-

1

2-18

2-15

1-31

3

12 %c

Co.-

Arch

1

2-16

$1.18%

3-

1

2-15

$1.10

3-

1

2-17

^Central

3-

American
Extra

——

———

common--

(quar.)_.—
Co. -(quar.)

.4%%. preferred
JCxtrs

Electricr 4% % pfd. (quar.)
Common quarterly cash dividend---.
Common
(stock
dividend)
2/100
of a
share of Atlantic City Electric Co. common
for each share held
Common extra stock dividend 1/100 of a
share of Atlantic City Electric Co. for
Gas

American

2-12

2-

Class
Best

4

1-20*

1

3-17*

$1.25
4

7%

American -Metal
4V2 %

American

American
Class

1

3-

1

2-18

Black-Clawson

3-15

2-28

Black,

4-15

3-31

2-15

2-10

Blaluner's
.Blair

2-10

2-15

3-

4

Blaw-Knox

2-

B

Bliss

5%

2-

Safety

Seating

Extra

2-

3-1

Fund,
Woven

Bower

Roller

1-28

Bowes

Co,

2-24*

1

Brantford

3-

1

2-14*

3-

1

2-

Service

Ship

3-15

3-10

2-28

3-

1

5-21
3-

3-15

25c

1-31

2-15

1-31

Charis

Corp.

2-15

1-25

Chatco

Steel

Chesapeake

3-

1

2-

4-

1

2-23

Cnioago

4

1

3-21

Chickasha

4-

1

7

British

4

3-15

3-11

3-15

3-.1

2-15

1-31

—

30c

2-15

2-

12'/2c
25c

2-28

2-11

participating-

2-1

2-15

1

(quar.)

1-26

3-15

3-

2-25

2-10

50c

3-

1

2-11

$1.12'/a

4-

1

3-15

20c

Co.,

15c

3-

1

2-17

f25c

3-

1

2-11

common

Ltd.,

pfd.

5%

(s-a)_

Virginia

of

Cab

1

50c

2-15

2-

25c

Cc

3-

2-18

1

5

Oil

3-21

Common

(quar.)

25c

4-15

3-

8

3-

1

Common

(quar,)

25c

7-15

6-

8

3-

1

Common

(quar.)

25c

10-14

9-

8

3-15

3-

1

12'/2c

2-19

2-10

75c

2-25

2-

8

1

3-

Chiksan

Chile

2-15

1

&

1

Chilton

(quar.j

20c

2-15

2-

3-

1

cnrysler Corp.

(increased)

$1.25

3-14

2-14

75C

2-15

2-

1

Cincinnati

Gas

&

Electric

Co.,

35c

2-15

1-17

1-

7

Cincinnati

Inter-Terminal

RR.

>

ioc

2-15

3-15

2-14

3-31

3-19

3-31

3-19

4%
5%

Shoe

common

Co.—

(s-a)

New

$2

prefeired

Texas

61

8-

1

7-20

$1.25

Orleans

3-

1

2-15

5-15

Pacific

(quar.)__

3-

1

2-18

5%

preferred

(quar.)

$1.25

6-

1

3-

1

2-11

.5%

preferred

(quar.)

$1.25

9-

1

8-15

75c

2-25

2-12

Citizens

25c

2-15

2-1

16c

2-25

1-31

5%

25c

2-15

2-

50c

2-25

2-15

68 %c

2-15

2-

1

City Baking Cc., 7% preferred
City Ice & Fuel Co. (quar.)

3-

8

City

(reduced)
Rubber

(quar.)

(quar.)

__

JL

75c

Tobacco,

3-19

tl2'/2C

2-15

1-31

tl2'/2c

(irreg.),

Co.

4-15

3-20

$32 '/2c

4-15

3-20

3-

2-14

40c

1

4-

Co.,

preferred

Investing

4-

7

2-25

a5%

4-

7

2-25

(s-a)____

a2>'2%

4-

7

2-25

(s-a)

a2v2%

4-

7

7%

City

1

2-25

1st

(initial

Co.,

s-a)

common

Co..

a2'/2%

(s-a)

for

'?

Cleveland

(

$4.50

ordinary

1
reg.

15c

1-

$37 '/2c

3-15

$25c

3-15
3-

1

3-

1

2-18

2-11

25c

3-

1

2-15

2-15

1-20

1

3-10

.__

$1.12'/2

(quar.)

4-

Pittsburgh

1

2-16

4-

1

3-16

87'/2c

3-

1

2-10

50c

3-

1

2-10

40c

3-10

2-25

15c

3-

RR.—
(quar.)____

special

guaranteed

tquar.)_

Chemical

Co,

Aluminum

Cochrane
'

3-

20c

_____________

&

guaranteed,

Club

2-10

25c

1

common

regular

Clorcx

2-22

$1.50

2-10

3-

55c

(reducctu

7%

2-22

(accum.)

2-15-49

20c

Monthly

Packers, Ltd.—

Inc

3-17

$1.25

4%

2-25

4

1

4-

—

Monthly
Cleveland

5

8%

2-

$1.75

,

(Tenn.)

Illuminating,

preferred

.

2-15

$1.37'/2

(quar.)

Electric

3-10

(quar.)

Chattanooga

.

1-25

3-31

2-

Clinton Industries—

s

,

(final)

$1.75

1

1

62'/2c

(quar.)

(quar.)

of

preferred

Clearing Machine Corp.

pfd.

(s-a)

common

preferred

Water

5%

Ltd.—

preferred

Utilities

5'/2%
preferred (quar.
City of Paris Dry Goods Co.

4-15

93 %c

(3-0)

Brown

preferred

Cincinnati,

.

15C

preferred

Co.,

Company

,

60C

(quar.)

(s-a)

$6

;

3-

37'/2C

deposit receipts ordinary

B

-

3-12

25c

pfd.

Rubber

(quar.)

3-23

(quar.)

pfd.

Co.,

Company
Copper
Co

30c

(quar.)_

(quar.)

receipts
(interim U_:__

Brown

$3.60

4

Bruck

(quar. )„

Products

:

Co

$1.20

preference

2-21

1-31

2-15

1-31

20c

3-

1

2- .1

6-

1

5-

Ltd.—

1.—;

(quar.)

2-15

J30c

Hardware,

A

1

J20c

20c

Dunlop

Class

2-8

Buckeye

3-15

Buck

7-

6-11

Buda

2-

1

Budd

9

2-15
4-14

$30c

3-15

2-15

3-15

2-15

20c

3-15

2-18

15c

2-15

2-

20c

class

Line

Falls

1

2-17

2-7

Coigate-Palmolive-Peet, common
S3.50 preferred
(quar.)

15c

3-

8

2-15

Colonial

$1.25

3-

1-

2-15

Colonial

(quar.)

Ltd.,

Pipe

Hill

3-

4-30

common

A

B

2-

2-28

2-24

30c
90c

$7'/2c

Mills,

Class

8

Co.,

preferred

4-30

$1

Co._^.

Co.

(quar.)

Company

Company, common
prior preferred
(quar.)

$5
2-28

2-4

Buell

60c
r'5c

3-15

2^25

Bullock

3-

1

2-10

Bunker

3-

1

2-10

31'Ac

3-

1

2-11

Burkart.

4-

1

3-15

Burlington

com—

30c
10c

2-15

12-30

lquar.)_

$15c

3-

1

2-10

3'/2%

25c

3-

1

1-29

47o

(quar.)——

2-15

17c

3-15

common

receipts for 5%

Brown

2-28

43c

—_—•_—

2-5

50c

'

5%

—

2-15
.1-31

2-15

1

3-15

25c

class A (quar.)
Co., Ltd., common-

A

Class

1

3-15

$1
30c

(quar.)

1

2-28

40c

tquar.)

Cotton

3-

20c

—•___

Corp.

4-1

40c

Products,

Yellow

2-10

4-15

$1.50

(quar.)

$2.75

Columbia

Class
3-

Inc.

Fibre

b

preferred

60c

Celanese, Ltd.—

American

37%c
37'/2c

Corp. (quar.)——
(quar.)——

Co.

2-15

1

$1.06'/4

dep. receipts for 5%

British

75c

Tobacco

$4.50

Faper

t5c

(quar.)_

com.

deposit

:„

Increased

American

cnumpion

J25C

l_

dep. receipts for 5%

Amer.

2-19

1

dep.

Amer.

2 19

1

6-

$$1.12V2
$1.12%

>

(quar.)

2-16

3-

90c

—

Co.
(quar.)
Service--

Public

1

2-

40c

Insurance

&

century Ribbon Mills,
Chain Belt Company

3-

50c

pfd.

Inc.,

Co.

Hose

registered

—

Foundries

Vermont

Co. I (quar.)

1-15

~35c

Inc.—

Surety

3-18

2-15

85c

pfd. (quar.)__.
Power, com. (quar.)

West

Soya

2-15

3-31

40c

(quar.)

(quar.)—
Corp. (quar.)

South

&

Central

2-15

'

<

.

Bearing

American

3-15

Building Co. (N. J.)_
& Refining Co.—

Steel

•1

(interim!

British-American

1

3-

2-15

2-28

$1

Co.

3.40%

&

preferred

Central

•

Coach

_____________

1

common

Light

30c

——

Elccliic

Power,

Central

$1.30
preferred
(quar/)
Bristol-Myers Co., common (interim)
3% %: preferred
(ouar.)____

American. Smelting

American

6%

Company

&

Ltd.,

4-

pfd.

■

Y.

Central

Cordage

4-

quar.)

$3

Co.,

4

common

1'■

4

25c

American

4

2-

(quar.)

preferred

Inc.

Inc..,

28 %c

—

American

2-

2-15

3.6%

2-15

2-15

25c

(S.)

31'Ac
31'/4C

—

Special stock dividend

3-15

30c

(quar.)

preferred

$3

Manufacturing

Bourjois,

1-28

3-

2-7

1

3-

2 '/2c

Inc.,

Company

Boston

9

1-28

>3-11

25c

Co.

Ohio

Corp

convertible

quar.)

Y.)

Central

Co.

quar.)

(N.

2-15

—

(quar.)

Laughlin,

Borden

9

1

>3-

20c

Razor

American
American

&

Amer.

Co.

1

$1.75

Bryson,

Holdings

1

3-15

4-

&

(Phila.),

3-15

Poundrv

Re-Insurance

3-

.

1

(quar.)

prefeired

2-19

$4

American.

N.

(quar.)
Co.

Sivalls

4.25%

1

(quar.)

A

Central

•

50c

(Del.),

Corp.

Co.

1

B
(quar.)__
preferred (quar.)_American Pulley
Co

2-15

2-18

Oil

4-

Class.

1

_________

Birmingham Water Works,
Bishop

3-

(quar.)
News Co.
(bi-monthly)
Potash & Chemical—

3-

JlOc

Motor

2-7

3-1

$1.25

2 '/2c

5
5

2-18

37%c

(initial

preferred
preferred

^4'/2%

Louisiana

50c

3-

3-

3-

10c

Ltd.,

&

Co.,

Central

Extra

3-15

2-28

50c

(quar.)_—

Machine

American

Steel

3-15

$2.40

preferred (quar.)
preferred (initial
preferred (initial

4%

3-15

—

class A

preferred
(quar.)
Manufacturing Co.

Eibb

75c

'A %

3-15

1

(s-a)

Associates,

Spinning

Sons, Ltd.,

Boston

(quar.)__

Common

(J.)

Bethlehem

American Investment

5%

1

$1.06'/4

commoh for each 100 shrs.

B
(quar.)
Company (quar.)

&

preierred (quar.)

4-

—

Fine

Illinois

12'/2c

(quar.)—.

Continental

of

Inc.,

...

Bertram

2-15

2-15

75c
6% pfd.

Lines,
"held

Boss

Home Products (monthly)———
Indemnity Co. (s-a)
Co. (Illinois) —

American

1

2-28

62%c

American Hide & Leather,

-'

Blumenthal

(quar.)—

pfd.

$2

.

share

One

2-21

3-15

(quar.)

preferred

$3

2

2-18

3-1

27'/2c

Co., .5% conv. pfd. (quar.)
Public Service, common--;

4-

'

(quar.)

preferred

.1^2.50

2-14

iquar.)

Holdert

Payable of Rec.

17'/2c

Foundry

i£de

—■•-

Mines, Ltd.
(quar.)

Quebec

(quar.)

com.

When

share

_

Light & Power,

preierred

Central

(quar.)_

Beneficial Industrial Loan (stock dividend)

2-10

4-

30c

4

1

3-15

Corp.,

General

American

preferred
Heminway

0] Company

Arizona

"

20c

3-19

3-

held—,

share

each

4'A%

Belding

Berkshire

5c
. oC
$1.18%
25c

■

American

1

3-

$1.12%

■-_

—

Furniture

American

.

Co.,

Hoe

&

Fork.

American

2-

3-

40c
$1-25
12V2c
12 %c
12V2c
30c

.(quar.)^—
Tiling Co. (quar.)
Forging & Socket (quar.)
Encaustic

4

2-28

$1.75

preferred

5%

&

Belleterre

3-14*

4-

50c
4c
75c

(increased quar.)___

Common

American

Bell

2

2-

1

3-

—30c

(quar.)
—
American Business Shares
',quar.)__.—s
American Can Co., common (quar.)___
7%
preferred (quar.).---—
--•American Chain & Cable Co.—

Central

115c

preferred
(quar.) _:
Howell Co., common

5%

9

•

-

Board Co.

Box

2-

.4-1

25c

—

.

Quarterly
American

2-18

1

(quar.)

________

—

•

Per
Name

3-

a

S.) Shoe Corp., 4%% pfd.
Manufacturing Co. (quar.)

(A.

Common

.

Automobile Insuiance (Hartford)—

American

1

3-

J25c
20c
Aluminium, Ltd. (quar.)
$50c
American Aggregates, 5 % pfd. (quar.) —$1.25
American Airlines, 3%% pfd. (quar.)___
87%c
American * Aggregates Corp.____—$1
American

f

Ltd.—

(quar.)
Mfg. Co

Goods

Holdert

When

"25c

Belgium Glove & Hosiery Co. of Canada, Ltd.

15c

———-

Canada,

of

preferred

.•4.%

Aluminum

(reduced)——

Inc.

Beck

1

——--——

——

Brewing

_—a—

(quar.)—

Mills,

3-18

3-

35c
30c

(guar.)

(quar.)

Company

4-20

Beaunit

25c
75c
$1

Inc. -(quar.)

Allied

3-15

4-

Monday, February 14, 1949

Payable 0) Rec.

Share

■
•

1

CHRONICLE

FINANCIAL
Per

Name of

Payable of Rec.

Share

of Company

&

Holdert

When

Per

Name

COMMERCIAL

■THE

(708)

Die

Machine

&

'

Sullivan

&

2-25

3c

Ltd.——

Fund,
Hill

Co

Mining

3-

20c

1

1

CocKshutt
Common

(quar.)

Co.—

(now

on

Common

quarterly

a

(quar.)

9-1

8-1

50c

2-15

1-25

87'/2c

3-31

3-15

+$7

2-25

1-25

50c

3-

1

2-18

50c

3-

1

62'/2c

3-

1

2-18

45c

3-

1

2-15

3-1

2-7

(quar.)

Steamship Lines Ltd
Stores,

Inc.,

(quar.!__;

common

4% * prefeired

2-15

5'%

1

(quar.)

(quar.)

preferred

Colorado

2

}20c

2-15
■1

basis)

(quar.)

Common
,

Concen-

&

Plow

Central

'

Power

(quar.i

2-18

'

Extra

;

,

5%

preferred

Wringer >Co.

American

American

Lead

Laic,

(quar.)—___

& Smelting Co.:

Angio Canadian Telephone, class
Anheuser-Busch, Inc.
(irreg.j

A

trating Co.

■'

,

Mills

Cotton

Common

(quar.)

$1

3-31

(quar.)

$1
$3

6-30

6-23

6%

$3

Farms

Co.,

50c

25c

2-10

3-

1

2-10

3-

1

2-10

$15c
$$1.12%

3-

1

1-31

_

Corp., Ltd., common
4'/2 %
convertible preference

Argus

Arizona

3-1

75c

______

(quar.)—1„_.

(quar.) J

Natural

Arkansas

Steel

Armco

4'/2%

6%

Gas,

pfd.

(quar.)

$4

Artloom

Oil

Refining,

&

Corp,

Associated

7%

Atchison

Atlantic
Atlantic

Refining

Powder

Co

Tack

Autocar

1

3-15

3-

1
1

3-

2

A

preferred

Canada

series B convertible

5%

convertible

3-15

2-21

3-

1

3-10

2-24

2-28

2-io

3-

,

2-15

2-10

1

3-" 1

25c

Co.

25c

of

C

T.),

Baldwin

Locomotive

Balfour

Building

Show,

Radio

Baltimore

&

(quar.)

Barium

$1.20

Base

Co.

of Canada,

Oil

Y.)

Co.

&

Ltd.

(quar.)

$1 .40

3-

2-15

Canadian

1

3-1

2-18

2-15

2-

3-15

Paper,

2-28

3-15

2-17

1

(quar.)

__

$$1.12%

3-15

2-14

1

(quar.)

Foundry, Ltd., com.

3-

5

2-18

3-

1

Products,

Ltd.,

Ltd.

(quar.)

.

3-

1

2-15

4-

1

2-28

Continental

7-30

7-15

Cook

$20c

2-22

1-31

3-

1

2-

1

3-

1

2-

1

1

Oil

1-31

Cooksville

3-

1

2-15

Cornell

$18%c

common

4-

1"

2-28

$25c

4-

1

4-

1

Ltd;

Cos.,

Ltd.

Co.,

3-

1

2-15

$$1

3-

1

2-10

3-

1

2-10

2-15

1-26

$20c

;

Utilities.
Western

Lumber,

Products;

Ltd

I

$37 %c
$30c

Corp.,

4-

3-

1

3-

Cosmos
Crane

Natural

Co.

1

Crown

2-15

7-15

6-15

4-

1

3-25

3-11

2
1

3-10

35c

7-

2

6-10

Casco

Corp..

for

class

or¬

Pirie,

Corp.

3-

1

1

Case
7 %

t:

(J.

3-

1

.

25c

3-

35c

2-25

1

■

Caterpillar

Tractor

Zellerbach,

$4

preferred

2-11
2-

2-25*

4-

1

3-15

31'/4C

3-1

2-1

3-

3

2-11

(quar.)

25c

3-

1

2-11

75c

3-

1.

2-11

(quar.)—

$15c

3-

1

Ltd.

Atlantic

>.

3-

1

2-15

2-10
1-29

4-

1

3-12

t40c

2-15

1-31

3-15

3-

28'/»c

;1

(quar.)

Co.,

3-

$1.75

4-

1

25c

3-15

2-15

preferred

(quar.)

2-15

2-18

'

1-14

2-14

$1

3-1
3- 1

2-14

3-31

3-15

2-28

2-14

$1,05

preferred

2-11

2-28

50c

(quar.)

(quar!)

$2

-

Corp.—
$1.75

(quar.)

Sugar

Sugar,

1

3-18

7-

1

$1.75

common

4-

$1.75

9-30

6-17
9-16

50c

'
:

4-11
4- 1
7- 1

3-17
3-17
6-16

$1.75

(quar.)

(quar.)

$1.25

(quar.)

$1.25

Cuneo

Press,.; 3V2%

Publishing

87'/2c

preferred-(quar;)

Co.,

preferred

$7

pfd.

(accum.)

___

$1.75

-.

2-15

2- 2

1
4-1

3-4
3-4

75c

(quar.)_

1
1

2-15
2-15

4-

3-12

2-28

1

2-15

1

$50c

common

Ltd.

(quar.)
8%

preferred
preferred

prior

1

93%c

(quar.)

2-15

40c

——
•

2-

2-28

J8c

(increased)

preferred

2-15

25c

A

preferred (quar.)„

,57/,

2-15

25c

preferred (quar.)_

5%
.

A

7

$1.12%

(quar.)

(quar.)——!

3-15

4

10c

common

class

Securities

preferred

Cuban

$4

(quar.)__

Co.

25c

(interim)

(quar.)

Cyrtis

r

Co.—

jir^ferred ,(quqr.h__

2-21

Co.—

Seal,

Cuban ^American

>

(year-end)

Company, - common

2-

3-1

93%c

Ltd.,

Seal

&

Forster,

7%

1-25

(irreg.)____—

Scott &

preferred

I.)

&

Cork

Forster

■7%

1-25

22%%

B

2-19

$1

_____

.preferred

&

7%

——

common

Products

Carson,
: 4 '/2 %

6-10

4-

receipts

3-11

75c

Co.,

3%%

Sexton

conv.

&

3-1

22%%

deposit

dinary (final)

3-11

1

(quar.)

Investors.

Crum

or¬

dinary (final)
American

&

$4.20

3-15

$$2

class A

7

1

4-

•

(quar.)——

Cork

Crown

1-28

4-15

50c

Ltd.

(quar.)

for

9

4-

(resumed)

preferred

1

$$1.25

receipts

2-

$1.13

common

',7% preferred (quar.)

deposit

2-21

Steel Industries—
'(initial
quar.)
;

preferred

$2

Ltd.—

American

2-

$1.12'/2

:

Company, .Ltd., class
Products (quar.)

Cruni

Co.,

1-28

50c

(quar.)

(quar.)

Imperial Mills,

Crown

Ltd.

Gas

Co.,

Company,

4Vs%

2-18

$10c

WesteiTr

2-28

—

Varnish

&

Inc.

Cribben

(annual)

(quar.)

2-25

Wood

Corporate

,2-28

$$6.25

Coro,

2-28

$$1.12%

(quar.)

common

5-16

40c
$37'/2c

'

(accum.)

Steel

prior

Co

America—

Motors

Paint

2-22

3-10

7-

35c




4-

25c

'

1

2-

3-

25c

...

$3

Paper

(reduced)

Copper &

preferred

$25c

(quar.)

Ltd. (quar.)
Ltd.." 5% pfd. (quar.)

2-15

$75c

(quar.)

5%

(s-a)

(quar.)___

preferred

$25c

Co.,

of

Can

Continental

$20c

Ltd.

Tire

Carrier

—

$3.75

2-28

3-

Co..

(increased)

preferred

$50c

Ltd._

Silk

2-17

$25c

.

(quar.)

$37'/2C

Locomotive

Canadian

Ltd.—

__

4%

&

Ltd.

Co.,

Corp.

Common

2-28

1

3-

$4c

A

;$i .40 preferred

1

2-28

3-15

75c
,

Power

2-10

Quarterly

2

30c

Ltd

Corp.,

Consumers

Ltd.—

pfd.

Canadian

2-10

3-

10%
com

Glass

2-21

3-

Power

Water

Consumers

2-28

3-21

$20c

(initial)

preferred

Continental

Canadian

2-15

15c

dividend

Extra

(quar.)

Container

3-15

$32'/2C

Extra

i25c
$12%c

(quar.)

(quar.)
prefeired

(quar.)

Canadian

(increased)

Mining

(quar.)___

(quar.)

Canadian

2-11

1

preferred

—

(quar.)—

A

(initial)

A'
A

2-11

$37 %c

(stock

Corp.

&

preferred

Carreras,

I Class

Class

1

2-28

6-

preferred

$1

3-

Mills,i/Ltd.—

$4.52

preference

Carpenter

Bathurst Power

Class

3-

2-15

$50c

.)

<initial> I

common

New

Canadian Internat'l Investment Trust, Ltd.—

5%

1

Textile

$10c

(N.

Seelig Manufacturing Co.,

class

Metals

Class

3-10

$1

Steel

Barnsdall

1

3-

Consolidated

$$1.75

4-

2-18

115c

2-10

Y.)

$4.50

(quar.)

A

3-25

2-15

1

3-

Co.

2-15

21c

Co.

,

Barlow &

Class

2-10

1

1

3-

(quar.)

2-28

Food

1

2-11

3-

25c

-

(quar.)

(N,

Co.

Co.

3-15

Canadian

9

3-15

25c

Laundries

Paper

Edison

1-31

Fairbanks-Morse

4-

40c

Consolidated

2-15

2-10

2-10

3-10
2-15

Consolidated

Consolidated

Canadian

Quarterly
Extra

1

4-15

1

30 '/2c

4'/2 %

3-20
2-15

Inc.—

3-31

(initial)

Forgings,

1
1

.£- 2

1-31

&

2-15

43-

$1

2-15

Insurance

1

3-

10c

SG'Ac

50c

27 %c

Life

1-31
3-10

37'/2c

1-29

Co.—

State

2-15
3-15

$1.50

iquai.i__

preference

3-11

New

2-15

(irreg.)—

Co.

50c

Car

3-

15c

Shippers Insurance

Barber-Ellis

3-

participating

Coal

4-16

$15c

•Class A

A

p.tl.

3-23

1

2-1

1

—

(quar.)

2-15

-

2-11

2-15
3-

Cigar Corp, (quar.;

1-31

(quar.)

Canadian

3-

5c

(interim).

shares

Consolidated

class

1-31

Regular

Andes—

Los

American
Bankers

com.

(quar.)

preferred
de

Inc.,

Consolidated

(Toronto)

Industries,

2-15

Breweries,

$1.05

(s-a)_

(quar.)

Consolidated

3-10

Chemical

(quar.)

Vinegars,

25c
30c

(quar.)—
(quar.)—_
Works, 7% pfd.

1

3-10

$1

Canadian

,4'/2%

Inc.

(B.

Canada

25c

(quar.)_

2

3-

3-23

$1.50

2-23

£4c
$1.25

(quar.)

2-15

Western

A

25c

(quar.)

America

Collieries Corp.

Ayshire

Banco

(quar.)_

2-

3-15

6>

preferred
Co.

62 '/2r

Safeway, Ltd.,

$1.50

preferred

Canteen

Babbitt

6%

preferred

1

Power,

40c

Power

62 >/2c

Service

Foundries

Canada

2 11

$5c

(quar.)

3-

15c

(quar.)_.

(quar.)

common

preferred

Class
3-11

Ltd
(quar.)__

75c

Association

$5c

(s-a)

(quar.):

Water

1-28

1

Automatic

Packing,

Co.

Canadian

convertible

5%

Power

Ltd.

Canada Cement Co., Ltd., $1.20 pref. (quar.)
Canada & Dominion Sugar Co., Ltd.—

2-11

•

50c
———______

Consolidated

2-11

3-

2-15

)—

50c

Corp.,

Extra

2-11

2-25

2-15

1

3-15

Inc.,

$1.75

Semi-annual

2-28

3-15

3-

pfd.

25c

Electric

California

Connecticut

$1.12%

(quar.)

(quar.)

.4.4%;' preferred

2-28

Connohio,

2-18

25c

preferred

(quar.)

—

preferred

5.3%

(quar.)

1-31

2-28

5%

dividend)

pfd.

7%

Co.

—;

California

2-15

50c

Ltd

4'/2%

Co.,

M.)

Jackson. Co.

6%

4

3-

1-20

2-1

3-1*1

(accum.)

Liie

River

3-10

30c

(stock

Co.

Brothers,

California

Company—

series

5%

Terminal

California

3-. 1

50c

(quar.)

Corp.

Co.

3-15

Connecticut

20c

(quar.)

2-18

2-15

Quarterly

Water

I

25c

.

Gold ,Mines,

Aunor

3-

$1

.

(irreg.)

Co.

Atlas

1__;

(quar.)—

Co.

Brewing

Atlas

Couieocracion

Corp.

4

2-15

t$1.50

7
7

(A.

2-8

3-15

$1.50

(quar.)—

preferred

710-

Extra

$1.50
$1.75

Ry.

Fe

7%

7

7-28
10-28

Calgary b. Edmonton

40c

(quar.)

Dry

4-

$30c

$30c

Byron

3-15

4-28

3-

50c

Corp.

$5

Htunnshtre

< New

Quarterly

3-15

25c

Topeka & Santa
Coast Line JRR

Atlas

Cr»-"-ord

9-15

30c

(quar.)__

Goods, common
1st preferred
(quar.)
2nd preferred
(quar.)

6%

7

$30c

2-18

t'/ac

4-

Gas

4

$1.06'/4

(quar.)

Ltd.

4-28

(quar.)

1

25c

(initial)

Commoil,

2-15

3-

15c

pfd.

(quar.)

$30c

B

Byers

30c

(quar.)

7

Co.

;

tquar.)

$4.25

International

Butler

$1

—

common

preferred

convertible

$1.20

Aspinook

(quar.)

Co.

Carpet

Ashland

4-

4-28

Inc.

Corp.,

Carbon

'

,

System,

Telephone.

3-31

12-

(reduced)

Commonwealth

10-

2-15

Pictures,

B

Commonwealth

6-15

25c

Gas

Columbia

7

Increased quarterly

3-15

Co._

&

Hoffman

Arnold

Columbia

3

7

3-15

2-15

^

Class

3

2-

7-

1

93%c

(quar.)—

preferred

3

2-

10-

1

1

2-

1
1

1

35c

(quar.)

3-

35c

7-28

7-

3-

1

3-

$30c

25c
37'/2c

System,—

10-28

4-

40c

33-

Columbian
:___

(quar.)

(reduced)

A

$1

(quar.)

(quar.)___

Burton-Dixie

4-15

Cork Co., common
preferred (quar.)

Class

Burroughs Adding Machine Co,—"/■

i

3-15

Armstrong
$3.75

l

62'/2c

(quar.)

2-3

Quarterly

$1.12'/2

com. (increased)
(quar.)

Corp.,

preferred

1

Elevator

&

Broadcasting

$30c

Bush

15c

3-

Milling

preferred

5

$30c

Butler

$1.25
$1.25
$1.25

preferred

$5 preferred

Columbia

87'/2c

preferred

(quar.)

Quarterly
:

.

1-31

1

2-10

Company—
A

Class

Co

Edison

(quar.)
(quar.)
$5 preferred (quar.)
$5

3-

Colorado

1

87'/2c

(quar.)

2nd

2-.7

3-

37 '/2c

(quar.)

common

3-2

50c

(reduced)

& Iron,

Quarterly

2-11

(increased)

Co.

common

preferred

participating
Participating

Colorado Fuel

Quarterly

6-23

1

6'Ac

Archer-Danicls-Midiand
Arden

6-30
3-

(s-a)

preferred

&

2-7

2;

25c

preferred
conv.

Class

3-23

Common

1

Mfg. Co.
Mills Corp.

preferred

3-

25c

__

(F.)

3'/2%

Burns

Arcade

(quar.)

Extra

(accum.)—

.

:

■

Glass Co.—

Window

Aiherican

,

'

75c

Cushman's

Sons.

Dahlstrom

Metallic

Inc.,

7%

pfd.

(quar.)

Dcor

(Continued

on page

$1.75
15c

46)

33-

"

%

Volume-169

Number 4777

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

Stock Record «»

(709)

Stock Exchange

DULY RANGE OF PRICES

weekly volume of trading

yemly range of sale prices

for every listed issue

Range for Previous

8TOCKS

Year 1048

Lowest
9 per share

63%

I per share

Oct

76

79%

Dec

2%

Dec

14%

69% Jan

3

44"% Jan

4

17% Feb

10

3

% Jan

46%

Jan

35

Jan

5

38

41% July

28

Jan

3

30

7 %

Feb

xl8%

Dec

99

4

108"

Nov

Dec

65

4

Nov

2%

Dec

Dec

5

-)

19% Jan

3>

22 y4 Jan

Jan

3

-

».■

Jan

43% Feb

11

47% Feb

75"

64% Jan

24

65

Dec

34

May

100

Dec

109

90

Mar

96

May
Apr

25%

Dec

25

11

8

.•>" 91

Dec

:

5%%
$2.50

102

7

Jan -18

92% Feb 11
8y2 Jan

10

177% Feb

11

188 y2 Jan

24

17

,

Feb

3.

26% Feb

11

83% Jan

42 Va May

18% Feb

11

25% Jan

Jun

8

25% Feb

1

28 Va Jan

26

28 % Jan
90

11

6

Jan

98

Jun

77% Jan

3

28% Jan
7
81% jan 31

Nov

3%

31%

Oct

26% Jan

3

28% Jan 22

Nov /

83%

Feb

34%

.

Dec

6%

121

52%
/

Get

47

>

6% May V
50 i
Jan

)l Nov

'

Nov

31%
6%

•

Sep

163 Vj

Oct

177

r
-

a

35

Jan

10

7% Feb
381

Jan'

Kid

27

May
Aug

Jan

20

7

Jan

11

22% Jan

107 %: Jan; 8

7

108 y». Feb

Alpha Portland Cement

3%%

conv
f.

8%
Amer

American

3%%

cum

8

16

Jan

25

17

' Jan

8

Jun

79% Jan 18

Feb

Oct

35% Feb
99'

3

49% May

Jan

29»/2Jan

7% May
Oct

14% Mar

Jan

5

40% Jan.

7

102% Jan

Jan

7

6

Jan

6

17% Jan 17

American

Dec

19

Apr

13% Jan

15% Jan

22

Sep

4% May
89% Jan

1% Jan

2y8 Jan

10

Amer &

Dec

6%

Dec

4

14% Jun

37

Nov

77%

35%

Dec

43

3%

Dec

6% Jan

Jan

31

37 y4 Feb

4

53

Dec

Jan

$7 2nd preferred A

47 y4 Jan

27
26

American

7

American

Ice

5% Jan
75 Va Jan

6

_

Jan

.

75% Jan 24

24

6%

Co

non-cum

17y4 Jan

24

20

American

96 y4 Feb

10

Locomotive

preferred

Range for Prevlom

Range Since Jan. 1

Highest

Nov

6

Dec

21% May
94% Jun

Dec

72%

10% May

24% Mar
93

<

35

Dec

5%

11

13% Jan

79% Feb

5

6% Jan

7

11

30% Jan

19

Jan

96% Jan

4

•5% Jan

1

3

Dec

32

Jun

.7% Jan

Feb 1

101

Feb

11%

Nov

83% Feb

Nov

70% Feb

10

12%

Feb

16% May

13

11

Nov

6'/2

Feb

38

Sep

46%

176

Dec

16%

Feb

139

Mar

125

<
x

Nov

10'%

Deo v

34V2

Feb

c

Dec

.

Oct

131

46%

Feb

115%

Nov

6%

Dec

x337/a

Nov
Dec

90

76% Mar
x5Va

Dec

51

Nov

30%

7

Jan

20

7% Jan

7

4

26% Jan

27

11

41% Feb

3

7

56% Jan

Feb

11

154 Vz Jan

36% Jan

18

130

Jan

3

7 /

Feb

134

Feb

28

Jan

7

American

Steel

23% Feb

9

American

Stores

24%

1

.

17 Va Jan

Jun

143

Jan

18

4

Jan

60

Jan

Mar

135

Jan

3

58 Va Feb

Jun

118

Apr

Jan !

6% Jan

56% July

34

American

145
63 >.'

Jan

3

24

Jan

7

119% Jan

10

7% Jan

3

11

38 Va Jan

26
7

*153/4

16%

14%

14%

900

143/4

14%

1%

14%

1%

l7/a

1%

2,000

1%

1%

2,900

51

51

6%
*44

37

50

7

6%

46

45%

36%

3%

3%

36%
3%

*46

25

24%

5'/4

*66

5V2

*66

11%

11%

16% '16%
16 Vz

*16%
V. 16%

101

*98

99%

Jan

13

,

Monday

11%

11%

11%

17%

11%

16%

16%

16%

16%

16%

16 %

16%

16

99%

16%

96%

2,600'
6,300

96%

96%

400

16%
99%

Tuesday

Feb. 7

13

16%
•98

*66

12%

*66

98

12%

6%

102

*100

6%

*26 Vz

101%

*6yB

*32V2

•

*

*100

6%

32%
*

6V8

27

6%

7%

12%
*78

32%

8

7%

*6'/8

76

800

84

83 V2

' :<-"71%
13 Va

13 Vz

172

*25%

—100

5y

25

25%

38%

50 Va

151%

150

34%

35

49 Va

135

*132%

10%

100
_5

common—No par

50 V4

100%

*100

101%

6%

*6%

6%

101

101

*6%

6%

32%

32 V8

32%

7%

7%

8

83%

7%
84%

83%

84

71%

72%

70%

71

49%
149
35

135

*133 Va

13Vi

'84

72%
13%
•172

13%
173

x63/4

13 %

171

6%

6%

24%

*24

24%

24

39

*38%

39

38 %

50

50

1491/4

51

149 Va

35

*34%

135

*132%

26 Va

.23

26

4

149 Va

35%
135

22%

30

6J/2
.

77/a

83%

12,800
1,700

837/a

70%

707/8

vl3>:/
*171

800

.

2,200

13 Va

/

17,200

173

60

7

6%

7

4,200

23%

24

1,200

38%
50%

*22%

500

900

38

35

135

38%

6,200

146

35

500

35

*132%

26%

250

49%

49%

-

/ 142

700

135

25%

25%

3,500

'

23%

V;.J.

24

149%

26

290
<!

32%

7%
'

13%

49%
35

6 Va

32Va

172

147%

*132%

26%

*

6,400

6%

-

23 y8

22%

22%

500

10"%

10%

10%

10%

11

10%

10%

10%

34

10%

33%

33%

33%

33%

33%

1,700

33%

33

33

2,800

125

200

*126

127

126

17%

17%

17%

' 147/8

147 Vz

65V2
59%

64Vz
142

,

17%
147

65Vz

x62 Vz

142

142

58V2

59%

58%

*118 %

119

34%

100 Va

101%

12%'
79

*32 Va

24

35

147%

<-71/4

26%

12%
77%

1%

*37%

151V4

171/2

119

26%

12%
79

10%

128

141%

26%

12%
79

33V2

\

34

64%

26%

7

247/a

59V8

'26%

173

*37'/2

141%
-

*6%

7

1.47 Vz

100

6%

*172

34%

*126

L- *6%

7

26

.

*6y8

,26%

6V4
28

173

49%

34

12%

79%
6%

1

40

*10%

100

12%
79%

*172

7 Va

Shares

:

12%

32%

13 Va

v

I per share

79 %

71%

72 Va

13 Vz

Bales for
the Week

Feb. 11

• per share

83%

83 Vz

72 Va

Friday

Feb. 10

• per share

7%

32

8

72%
172

Thursday

Feb. 9

< per share

79%

27

Wednesday

Feb. 8

79

'

*151 Va

par

119 V4

*118%

7%

71/4

35

34Vz

73/3

7 Va

35

34%

126

125

125

17%

17%

147%

146%

63%
142

63%
142

59%
119

7%

17%

63%

17%

17%
146%

63%

63%

7%

35%

36%

♦88%

(92%

142

143%

59

60

119%

7%

127

145 y8

147

142%

59%
*119

35

*122

59%

119%
7 Va

35%:

119%
7%

*123%

*17%
145

17%

700

146

63%

17,300

64%

142

6,800

143

440

59

3,600

58 '/a
*119

119%

7%

110

7%

1,200

36%

35%

36%

10,800

92%

89

89

*74

80

32%

33%

26Va

26Vz

27

27%

27%

26%

26%

103 Vz

*102>/2

103%

103%

103%

60

*50%

51%

*50%

51%

600

19

19%

5,500

*10

10%

104

X

7%

4

10 Va jan
-

12»

4y4 Jan

5

30 y4 Jon

28

preferred

—100

$4 conv prior preference—No
par
Amer Zinc Lead <fc Smelt com
1

Anchor Hock Glass

13




11%

*16%

33

27

..

*11%

17

33Va

Jan

..

11%

33%

55% Jan

■

800

32%

23% Jan

i1'!*

;10,100

5%

33 Va

8

24.

25%

5 Vz

76

33%

8

3

100

24%

*66

33

18% Feb

20

53/4
76

800

33%

50% Feb

Jan

25%

*5%

600
4

■

48%

32J/2

Jun

3% Jan

X25%

5%

5%

3%

*46

50

Jun

27

25%
:

33/4

48%

No par

Va

Jun

4

*46

3,400
1,000

36

Anaconda Copper Mining
Anaconda Wire & Cable

36

6% May

Woolen

5%

*33/4

47

25%

36

7

60%

Feb

*98

$ per share

79%

40

par

common—14

Inc—

3%

47

•

8

18%

10

Co

3%

3%

2,300

6%
44

35% Jan

>

46% Mar

Apr

Works

36

51

6%
*42

35% Jan

7

102

12%

7Va

—100

:

36 Va

50

67/a
433/4
36

76

11V2

16%

50

6%

43%

25

28% Jan V

Jun

American

*5%

76

50

7%

44%

36%

48%

24%

51

*6%
44%

2,100

$5 prior conv preferred

8

Sep

Am Water

*46

25

51

7%
37

3%

48 Vz

*5%

76

*36

51

46

5

24

3 ,j

98

......

16%

14%

1%

6% Jan

10

Feb

Feb

page

16%

14%

1%

*4%

57% Jan

14

32

see

16

14%

1%

5

7

52% Jan
33

Ptt footnotes

16

14%

1%

4

;

5

7

May

34%

16

1

4

3

25% Jan

Dec

5

16

14y2

2

5'%

Jan

5% Jan

Jun

preferred

American Viscose
Corp
5% preferred

1,500
3,100

Jan

Jun

41% May

Tobacco

7,300

80

9

Jan

Nov

29%

80

37

90

Feb

45 y4

6%

Sumatra

1,100

84

16%

23

American Tel & Tel Co
American Tobacco common

3

Jan

73

38 Vz

4

29%

5 Va

*83

5Va

22Vz

6

67% Feb

3

89/- Feb

Jun

112% July

-

30%

5%

*83

*15%

22'/2

5

3

'

No par

Jan

11

71% July

14 '

29%

5Va

5%

23%

Stove Co„

150% Jan

17

500

100%

30%

*22%

American

American Sugar Refg common
7% preferred

107

30%

30

25%

17

67

30%

30

26%

10

8%

29%

100%

26

13

>

30 Va

100%

26%

37% Jan

104

100%

26%

12 y2 Jan

8%

100 V\

*132Vz

126% Jan

144

100%

100

11

120

100%

Foundries—No par
Co
No par

11

Feb

24

preferred

Feb

158%
68 Vz

100%

36%

13%

—25

10% Feb

11

2,600

15%

37%

84

—100
coin

123% Jan

33

15'/4

83

36%

11%

>

No par

;

Jan

Oct

Feb

non-cum

10

>■

16

83

*32>/2

No par

41
May
131% July
20 Ya May

30

Mar

6%

16

'

40%

-

84%

*6Va

—__Nopar
com

preferred

8

39%
*15

37%

16%

1

:

6

*15%

V

36%

48 Vz

*100

Building Co
No
& Refg common—No

25% Feb

16

36%

6V2

Seating

21 y» Jan

15%

40

1,800

V<

108

85

79%

No par

Apr

15%

40
*15

16

700

20%'

*108%

85

27 V\

Co

Snuff Co

40 y4

20%

108%

35%

17Ve

-

American
Smelt

39%

21

*108 Va

78

>

'37%

9 per shore

Amer Ship
7%

108%

*15%
.

21

21'/4

108 Va

360

2,600

'

101 Vz

52

*98

4

Am

21
*

6,900

29%--

36 Va

16 Vz

-

American

78

84%'
176
'•

101 Vz

*6%

Co

78

*16%

,_100

Light

2,700

78

*11%

100

$6 preferred

Jun

25%

8 !

&

9,300

3%

37%

27%

News Co

Power

7%*

3Va

101%

5%

$5 preferred
—No par
Amer Rad & St San'y com—No par
7% preferred
-100
American Safety Razor
5

10

5

142

Jan

Amer

35%

116% Mar

147% Mar
54 % Mar

49% Feb

27

-•

American

1

Jan

14% Jan

173

preferred
American Moiasses

7%

3%

79

15%

No par

4V2%

27

Dec

16%

Feb

3

34% Jan

Jun

35% May
140

25% Nov
21

•:

3

38

May

163%

85% Feb
75
<

7

23V2Jan

f", Apr

68

Jan

Jan

8%-Jan 20

3

6% Jan

Oct

46
v

170

Jan

281

Mar

31'.

Jan

12 Va

i

Feb

22

x34

11

69VA

95% May
86% May

10

0% Jan

8

6%

Feb

100

8

*77

15%

com_Nopar

Ltd

Co

%l

7%

79

40%

No par

—

American Metal

102

2,200

3i/4

:

28%

15%

Saturday

Amer Machine & Metals

26% Feb

'

*100

102

-34

84%

.

180

800

34

175 Va

15%

Feb. 5

8

34%

29%'

15%

*66

Par

3

8

10

87%

15 Vz

50

STOCK

Jan

80 Va

162%

YORK

*9%

9%

176%

15%

EXCHANGE

t per share

6 Va Feb

35

t.

NEW

Highest

66

LOW AND HIGH BALK PRICES

Amer Mach & Fdy Co com
3.90% preferred

76

Dec

8%

Feb

12% Feb

July

98

Dec

29

Lowest
I per share

66

29%

15 V2

STOCKS

$ per share

1,600

65

86'/a

16J/4

*5y8

100

1,200

20%.

175 y4

176

>

33,200

-

57

,t.

16

85

8

*55

20%

;.

87%,

••<»•- 7%

100

21%

29%

20%

85

8

56%

>29%

175

108 y8

85

2,200

29% ;

175%

39%

85

40

.

102
■'

3%

867/a

37

29

175%
:

v

20%

101%

1

common

87%

2,500

34y4

8y8

:

3%

800

91%'.

9%
.<

103

8 "

•

41

91%

1

79

30

108 y8

29%

American International Corp_No par
American Investment Co of III
1

187/8 Jan

87

175V2

40%

37

100

7

<

3%

*15V2

No par

11

89y8

♦101%

8
*

108%:

25

17

Year 194H

103

7%"
3%

40%

*47

Feb

«

*108 Va

1

16 % Jail

12%

*102

3 Va '

41

I

65

(

34%

103

*3

1,500

21

■

10 Va

41

50

16

Lowest

*9%

34%

21 y4

3%

11%" Feb

f per shore

10 Va

34%

20%

1

preferred

65%

800

28

37%

X561/2

*9%

21

*36%

com

♦64>/2

900

9,000

92%

45
.

7%

>

.

600

27

>26%

X27%

-3

92y4
37'%

20%

34%

79

16Va

>,

58

20%

10

79

108 Vz v

8

57 >/-■

65

3

,

17

26%

27%

*41

34%

82

-.-10

com

29 Va

7%

■.

■„

21%

65

3V4

88

6%

Jun

7%

66

8 Va

175%

46V2

Jun

20

7%
5«

3%
45

'

3%

30

6%

Jun

Jan

7%
57%

*20%

77/8
'

90

*44%

19

102

3%

14%

15%

Jun

8V4

*1%

26%
108

QVa

*14%

Dec
Feb

9%

34
*101%
"

103V\

par

Jan

95%

64%

17

16%

7

21

10

*16

13%

12% Jan

8y8
57Vz

21

'

66%

No par

Home Products

Jan

7%
57%

8y4
58J/2
21

No par

26 y2 Jan

20

37%

37%

41*

No par

Jan

8% May
92

preferred

Jan

y4 Jan

37%

40c

Export Lines Inc_

24 y4

26% May

4

38

*108%

*

26

91%

* 20%

1

Foreign Power com__No

$6 preferred
American Hawaiian SS Co
American Hide & Leather
6%
conv
preferred

3y2 Jan

91%

*77

No par

47

Jan

Feb

$7

29

51

Jim

Dec

7% Jan

38% Jan

35% Jail

20%
5%

31

Jan

7%

10% Feb

57% Jan

% May

46

79

Jan

*41

30

10 /
100

Encaustic Tiling

American

1%

27%

90

89V4

10
com

American European Secur

13%
42

27%

45

;i75% 175%

American Cyanamid Co com——10
3%% conv preferred series A_100
American Distilling Co
20

12

31% Jan

3

Jan

16

19%

Colortype Co
Crystal Sugar
4%% prior preferred

85% Jan 22

8

Jun

27%

90

3V4

•

9,900

80%

27%

*41

K

-

26

80%

27%

91%

*102

'

25%

81

*80'%

38 Vz

34% "34%

;

26%

26%

46

;

1

100

80%

89 y4

10

1

89

26 y8

*41

•

"

*86%

80%

47

*64Vz

preferred—_No par >
Chicle Co
:—No par

American

43

.

4

86 >/4

26 Va

38

2,500

17

80%

92 %

10

178%

26%

25%

*3

-

H 177%

17%

*80 y»

3

8

181

8

X86y4

3

58%'

*7%

v.-yi

38 Va

4,000
700

'92%

26%
27%

89

3

21

92%

*26

80 y4

27%

24 %
101

*17

80y4
27%

3,700

} 26%

,

3

,

25

American

11

107%

<

Inc

18

26 V4

y/.

19,100
'

66

23%
101

7%

180%

25 Vz

27%

130

2%'
44

*63

24%

*7%

27

*87 Va

2%

98

26%
.

1,700

*

-

<180%

26%

6,800

13%
65 %

43 Va

101

8

26%

5,800

13%

2%

*93

Vz

3%

65 Vz

44%

23%

20

100

2,200
11,700

105

3%

66

101

3

-

non-cum

15 y4 Feb

94

Feb

Co

24%

88%

'

Broadcasting

American

15% Feb

86%

2%
44 y4

•63

101

*17

<

20

66%

*87%

'

„—

Jun

*87%

41

*100

13%

65>/2

66

180

17 %

27%

20%
105

13'/4

\hr *7%

26%

26%

90'%

7%
preferred
—100
American Car & Fdry com—No par
7%
preferred
:
100
American Chain & Cable
No par

Jun

17 Va

26%

38 Va-

.—50

^

V;;« •'

18

26%
27%

17%
*38

3%

*92y8 • 98

180y4

20 y4

4514

24%

7%

15 y4;

3%

*41

-

10

common

••

*7%

29%

15

2%

101

98

180

29%

*100

3

American Bosch Corp class A
I
Amer Brake Shoe Co com— No
par
4% conv preferred————100

5%

--v.-

27%

common—,
1
preferred:
100

conv

American Bank Note
6%
preferred

7

'• i-

26%

26 V2
80 Va

80 V4
:

—No par
Co
com
1

Chemical_No par

Airlines

*26

26

preferred
5o
Petroleum Corp—No par

Agricultural

22 %

Dec

Feb

par

convertible

Amerada

20 Va
i

Leather

26%
27%
88%

*87%,

■■■*

..

*17

26y2
27

25

4,900

15%

13%

*64

6,300

17%

29%

66 Vz

2%
44%

102%

*92%

8

common_No

•.

.

25

48 %

17%
38

3%

13%

2%

*100%

184

preferred———100
-

■

Amalgamated

3

44 y2 Jan

8

*7'/2

ISO'/b

100

Mfg

24%

98

20 V2

*65

66

102%

18

13%

45

24Vz

*92%

47%

1,900

29%

J

105

3%

66%

*64

*100%
ic

20 V2

*100

3%

66

4'9%

3,100

2%

'

20%
105

46

2%

17 Vz

16

2%
*44%

778

preferred

Allls-Chalmers

*64

25

*17

29%

15%

*65

2y2

3

Shores

72%
" 80

38

•

15%

13%

71%
*70

15

41

29%

20

73

48 y4
4

17%

the Week

t per shore

80

*2%

49 V2

17%
*38

29%

*100

66y2

184 Vz

Allied Mills Co Inc
No par-'
Allied Stores Corp common—No
par

4%

44%

67

2%

47

17%

■sti: 3%

13%

184'/a
'

2%

40

72%
*70

15

3%'

2%

73i/a

Bale* for

Feb. 11

t per share

80

29%

20%

*7%

Amer Cable & Radio Corp
American Can Co common

33% Jan

1

39 y2 Feb

.:

American

82

4

20 y2 Feb

:

17%
*38

105

No par
5

7

177

11
~

Co

72%
*70

2%
46%

45%

18y«

1

3

91% Jan 17

4

28% Feb

11'

*65

101

Allied

13y4

^

-98;

Allen Industries Inc..
Allied Chemical & Dye_

46

16%

19%

46%;;:47% ,<<
24%

72 y8

Friday

Feb. 10

f per share

80

2%

40

15

2%

*63

gtd_ 100 /

3% Jan

V

3

77% Jan

Jan

^

2%

.3%

66'/2

2%

100

—

10% Jan;

3

-

Jan

173

104'i

10

Jan

Jun

May

Dec

5

3
10

Feb

Jan

51

Dec

25

6

102'

Jun

110

33%

7

y4 jan

'49%

i

94 %

7

Feb

1-1

100%

*'

14%

Jan

A

*65

72

*70

29%

*100
.

13%

101

3

24
66

•

10

Jun

Jan

15

19

60% Feb

3

19

Dec

Dec

81

20

32% Jan

Jun

-

10V4

18% Mar
38

Jan

8% Jan

4

-

13%

72%

Tfcwnday

Feb. 9

shore

oei

'

3V2

"?93

Jan 31

9V2 Feb

92% May

Nov

104%

Jan

62 y2 Jan

14% May
43% May

< 6%

t

Feb

28% Nov /
74

51

3

■

•

40'/a Jan '25

3

20% Jan

May

111

;

Dec

76 %

103

6

'

Nov

3
■

70

t

Dec i.

103

43

7

v

6% Jan
■

3% Jan

11

Feb

89% Feb

34'% Jan

Mar

29% July

3'

■

'

Feb

9% Mar
m

41:

May
Juh
Mar

>68

18% Mar
4

58%

10.

3 -Jan

■

5

••

^

105

3%

-

Allegheny & West Ry 6%

-

44

common—

preferred
prior conv

•

'

*100%

,»•

I

80

29%

I6y8
20 y2

preferred-No par
Allegheny Ludlum Steel Corp_No par
$4.50 conv preferred
No par

20

Dec

73
X25

19%

Vicksburg Ry
100 4
Gold Mining_____10

17%
*38

30

'V'■;> 14%

4y4% preferred—i—„__100
Allegheny Corp common
1

3

3

Jan

Inc

25

Jan

Jan

34% May
37% May

Feb

Mar

26%

11

92% Feb

*

27% Jan

11 '

100% Jan

May

21%

11

23% Feb

.

Jun

198

Dec

81

May

&

*29%

——l

45%

18%
40

Wednesday

Feb. 8

2%

45%

18 %

No par

Inc

71%
*70

2%

*37

Juneau

Aldens

6

Dec

Mar

Corp

Reduction

Alaska

10

2% Jan

23%

16%

Air

11

66% Feb

65%

2 % Feb

J

•

4% May
58% Oct

xl71

Admiral

72y2

45 %

1

———No par

Tuesday

$ per share

80

2%

Addressograph-Multigraph Corp„lo

3% Jan 11,
15

72

*70

10

,,

Corp

'

2.50

Express Co—

Alabama
3

13% Feb ; 7
65
Jan 17

Co

Co„

Adams-Millis

May

4% May
21% May
80% Jun

11%

Motors

Steel

Adaota

21,

Feb

Dec

Acme

6-

Jan

& Straus

ACF-Brill
.

10

37"

7%

No par

26

18%

"

Feb. 7

f per share

.No par

6

Feb
Jan

>

14% Feb

27% May

Nov

2%
13%

22%

9

19% Jan

Dec

Dec
i

Abbott Laboratories

7

49 % Feb

35

Monday

Feb. 5

Pdr

75% Jan 25

LOW AND HIGH BALE PRICE8

Saturday

Abraham

2% Jan

27%

<

'

t per share

5

Jan

55% Jbn
23% May

4

'

■

STOCK

EXCHANGE

May

6%

Feb

NEW YORK

'

Highest

9 per share

Jan

100

Dec

44%

Range Since Jan. 1
&•west

Highest

$4

preferred

—No par

Andes
A

P

W

Copper

Oil

Corp

.

Mining

Products Co Inc

Archer-Daniels-Midland

5%

*26%
-

*103
*53 Va

>

20
5'"
No par

•

<*53%'

;21%

lo

*80

*72

Corp com—12.50

Anderson, Clayton '& Co
Anderson-Prichard

<

19

*10
*4

<92%

<

*88%
*70'/a

78

5%

-

54V4

27%

92%

5%

-

*53V2

"

104 Vz

103

*88'%

92%

77

*70%

77

e

5%

e

55%

*53%

*26 Va

103

73

73

y

55%

*53%

55

54

»'•

32%

32%

32%

32

32%

32

;

33

33%

33%

34%

33%

5%
55%

102%

102%

103%

53

53 Va

50%

50%

50%

51

19

19%

18%

19,

18%

19%

10

4V4" ■'

4
.

*28%

10

",*9%

4
29

-

^

.4

3%
38%

75

5%

19y2"
10 Vz

74%

5%

54%

29%.-29%

*88%

f

10%

*10

,

4 4

4

26%"

x28 "v

10%
4

28

5%
*54

19

10%
*3%

j

-

28

5%

19%
10%
4y.
28

V

5%

27

*3%

100
600

5%

3,400

54

:

32%

1,630

27

700

300

4%

"28% v'28%

50

18,800
'

33%

600
'

1,100

13

14

(710)

THE

COMMERCIAL

NEW
Banre (or Previous
Range Since Jan. 1

Highest

9 perthare

YORK

CHRONICLE

STOCK

Lowest

t per share

NEW

YORK

Saturday

Monday■/

'

'

,<

.w

r

•<■

-

Feb. 5

$ per share

1 per share

HIGH SALE

LOW AND

STOCK

EXCHANGE

Highest

Par

Monday, February 14, 1949

RECORD

STOCKS

Year 1048

Lowest

& ^FINANCIAL

$ per share

Tuesday

*

'

Feb. 7

9per share

PRICES

Wednesday

'

7

Feb. 8

Thursday

$ per share

"Friday

Feb. 10

Feb. 9

,

Sales (or

Feb. 11

S per share

$ per share

the Week

I per share

Shares

"

23%

Nov

32 J/a

Oct

24

Jan

3

27% Jan

26

89

Dec

101 J/2

Jun

90

Jan

4

95

Feb

3

6% Jan

3

77/a Jan

8

Jan

11

77% Jan

10

21

6%

Dec

68VZ

Dec

15J/a May
106

Jan

73

V

ll

49 J/2 Jan

88

Jan

99 J/4

Jun

97

Jan

5

-V 99% Feb

4

103

Nov

115 J/2

July

108

Feb

10

110J/2 Jan

3

Dec

18 J/2

Jun

15 J/4 Jan

5

Aug

14% Jan
xl0% Feb

19

17%

11

13 J/2 Jan

11.

41%

56%

Feb

13%
11%

Dec

12 V2 Mar

44 J/2 Feb

Jun

19

98

Dec

111

87%

Dec

106

26

Jan

35

12

Jun

Feb

13% Jan

11

98% Jan

May
May
July

17

7

Jan

21

93

Jan

3

98 J/2 Jan

27

31

Feb

11

32% Feb

2

89

Feb

120%

Sep

Feb

10

105% Jan

7

Mar

107 J/8

Jua

10u'/4 Feb

11

103 J/4 Jan

24

Dec

19J/2

Jun

12%-Feb

10

15 v

Jan

44

Dec

July

37% Feb

V2

62

Corp

24i%

253/4

10
100

*93

Illinois

com—_5

7

7%

$6 conv prior preferred

No par
No par

75

75'%
46 3%

4 '/a %

Armour

&

Co

Armstrong

com

preferred

conv

of

Cork

Co

com

preferred

$3.75

46 3%
*99

No par

243%

94

5

*141/4

No par

*11%

45%

12

25%

Jan

64 J/2

Dec

Sep

81

Dec

7

80

•

'7

10

47

Jan

Feb

7

60

Jan

5

Jan

53

66
30

Feb
Feb

114

May

91

Feb

99

Jun

Nov

25 %

Xl9%

5014 July

48'% Aug

15

81% Jan

25

4

Jan

33% Feb

39

4

109'% Feb

4

6

98 J/4 Jan

17

'20

4

£3%

24

,

Jan

Jan

100

Oct

24 J/2

Jan

XI9J/4 Feb

Dec

9 J/s

May

4% Jan

12%

Nov

16%

May

■13'/8 Feb

106

93%

93 J/4

6%

7%

6%

7'/8

*74 i-

743/4

r

*99

■•'45%

993/a

*99

25

*72'%

,

74

453/4

*99

1093/8

/•:

108 3/,

108%

108

*14%

141/4 :?14% .;■

143/4

%

* 14 '/a
111/2

141/2
113/4

Xl2%

121/2

t

*11'% '• 12 'A "

115/8

11 S/8

»

.

•

*14%

44i%

99%
1083/4

Associated

Goods

common—1

6%

1st preferred—

100

102

102 J/4

7%

2nd

100

96

97i%

31%

321/4

Dry

12%

■

preferred...

Associates
Atch

Tupeka

5%

:

Co

Investment

6anta

&

Atlantic

Fe com.. .100

13

Coast

12%-

13

12%

"

95

:.,95

Feb

<

3

Jan

Atlantic Refining

123/4

40%

531/4

53

12%

53

Atlas Corp
Atlas Powder

7

4%

conv

4

Atlas

Tack

12

14% Jan

7

11

24

common..

12

•

100
700

121/8

100

*93

t.

V

Zioo'A

12%

53%

-•

x40

53%

*76

?

■■

9,000

34%

33J/2

35'A

107 %

1073/4

*1071/2

IO73/4

97%

97%

96%

97%?

20%

21

20%

20%

20%

20%:

53;/

53

51'%

51'%',
1001/4

21%

21%

53%

53%

33 3/8

108
"

,

.

100

*100'%

101 %

100

No par

*20

21%

*20

common.

_No; par

5

'$%

2No par

;Nichols:

Conv

Autocar

6% Jan

3

Jan

24

11% Jan

5

14% Feb

4

Automatic Canteen

6% Feb

8

'7%

7

Avco

Feb

:7

8

Dec

19

Jan

Nov

19'A

Jan

4 J/2

Feb

7 J/2

Oct

35%

Jan

46

Jun

40

13%

Feb

16 Va

Jun

13% Jan

11 »/s

Dec

17'4

Jun

11

Feb

8% 7Feb

7

11% Jan

,

'

Jan

Co

Mfg Corp

44% Jan

10

$2.25

3

14% Jan

15

12% Jon

7

Co

of

v

5

Amer.

(The)

'preferred.:

conv

6%

"51% z 52/-:
100" 1001/4

.

100 »/4

/

r1 .21%

*20

5'%

?*5

5 '/a

*131/4

21

-.100%

21

*20

/

41

J/2

■

133/4

-5
*

.Vll,30 J ""
.1,500

38%"

38%

39%,"

*53%

55

"71'.,

2,000

'•••"■

79

'

97

:

V

8,ioo

'

97

490
580

-

; v

20

201/B"

.

•; v%. 700

1081/4

107%

97?',

■

34

33%

107'%

:96%
"20

'

20

i,800

51 %>

51%

.51%

51%

*100 »/4

101%

1013%

*20 ""

:

■

41'%

21

^4%

;

lu J/4

V 7
14'%'"

•

■

13%

6%

5

(.

*39'%

41%:

*14

14%

41

*14%
11

1,100
•

.s

: *133% ? 14 ;.>; ?•

.

?

6%

6%/.

*393/8

200

1,100

f

.

1;;.'

I * 0 J/2

.14 '%'

?•<? 6%

8 3/8

320
'

:

13% .13%

'6%,

14

•101% c

*4% :

'

X 63/a

•240
'

X19'/4 .19%

: "

5 /■-;

.13%

*63/4

6%
40
.'

40

5

:

*14

>14

.:

'-'6%

V

.

y

40:

63/4

::5'/8

13% ?1J%
?■
6% /' "'6%

14-:

:•
6

6%

41

14

•-6% y

7

14%

6% ;

:No par

■•

13%

14 %

common. ...3

Babbitt

5

133%

_5c

1

13,900
'

127/a

'

No par

prior pfd ($1.20)

Austin

i!

91

•1001/4

53'%'

"

107
-

1.900.

,12%

•

.79.?33'%
337/a

*76

:' 335/8

Z; 97%

150

95

31%

89%

127/B

.'37%

773%

32J

100%

101

"53 %

55%
.:

/

933%

\

12%

40'%,

*53

79

*76 '

89

•

■

31

31%

100'%

■

,

13

973/4

973/4

preferred
Corp..

40%

40%

-

-

94

13

:

95'/4".

;

31%

100% 101'A

>

12%

:/•

101

v

*93 ?

34%

341/a
1083/4

97%

,

311%

-'■•

*100

108 J/b

33%
*108%

..i_ —5

*

95

*31

\

931/4

102

12%

'

100

A

102

x95 ':

31%

'100%

.

79

,_25

conv ipreierred
series
preferred $3.75 series B

41,

-

-

*76

XI001/2

97

31%

.923% .'.94'

.

80

102 V

94

92% ■: 95%

42y8l

53J/4
*76

100 S/8

I '

101% 10 2 .3/8
13
; 13 J/8

L— .100

common.

4%

-J

31% .>32

■-

13%.

40%

i. .100

103

98

*13%

common. ...1

preferred

*101

103

*1021/4

..10

RR__—No par

Line

non-cum

95%.

.100

—_

Atl G *& W -1 SS Lines

5%

10

preferred

non-bum

A T F Incl—

"5% Jan

11

6%

230

:??■:*

*14% ' "15 ;
,103/4

'

xll

'?

X103/4

H'%

.

2,500

45

*99

I43/4V.

.11%

801

*108

995%;

1087/a

.

321
21,00d

..

73

453%

45

99%

'•

109

r, .v

21,800

7

73

6%

7

»<

93

93

93

6%

24 3%

X24

'25% -

«

93

74

74

451/4 :\453/4

,

993/4
110

-

•

20% Jan

15

114

Sep

20

Jan
Jan

58

51% Feb 11

Apr

4%

99

7

Jan

94% Jan

107

May

64%

253/4

93'/4

46

110

"*

102

251/4

743%

*99:

15

Carpet Co Inc..

Artloom

25%

-931/4

V7%\

74'%

110

No par

7

25,"

93%

93%
'

993/4

*1093%

$4 preferred convArnold Constable Corp-.

25%

'

103

13%

84

96

Steel

Armco

11'/a

40'A

■

*>.

6'%

35,500
600

10%

:

B

10

16% July

Mar

29*/2 juiy

18% Feb 10

13%

Feb

31 J/2

Jun

21

00

Feb

80'/2 May

67

40'/2

NOV

59

Dec

28%

Jun

15%

Feb

x20

36 J/2

(B T) Inc
Baldwin Lecbmotive
Baltimore

22 V2

Jail

4%

Jan

,.3

25

Jan

Bangor

Jan

17

70

Feb

Conv

Feb

8

47%

Jan

-19 % Feb

7

21 '/a Jan

:

42

May

5%

Corp

Nov

45

Jun

37

Jan

11

38

Feb

Feb

45J/4

Dec

42% Feb

11

49

Jan

10

19

NOV

16 J/2 Mar

Feb

'.7

11% Jan

7

15%

Dec

23 V2

16% Jan

4

17% Jan

20

Bayuk

30%

Dec

43 J/2 May

32

v Jan

4

34% Jan

24"

Beatrice

80 J/2

Sep

90

08

Jan

3

91

Jan

24

15% Feb

,4

20 J/4 Jan

8

Beaunit

71

13

75

Feb

3

Beck Shoe

10'/a Jan

.10

Jan
Jan

22% May

16% Mar
69

100

Dec

s,

Jan

Jan

4% %

Oil

33%%

191/4

:?

-

.

..

I 18%

21V4

22%

21 3/s

70

69 '/a

70

*42%

44

421/4

423/4

42

42

*193/4

20%

19%

20

19%

19%

*

*38

:__100

pfd

39%

*38

39%

•

19 % '

19%: V

*20%

21

69

*68

42

42

42.

43

193/4

19%

19%

40

*38%

0
■''-

•',

•;?.. 10

10

*10

10% y

10%

17%

17%

16%

16%

17

17

17

17 :•?■:•■.■'

16%

.16%..

34

34

33%

•'

*88

"91

16

165/8

'

75

75

100

34

*88

*33

91

•

76

34
91

*16%

*33

33 %

:'•

*88

90,;

16%

*75

;?•

?

V

:

*88

16 3/s

16%
*74

'

77

/;

*88

16%

16%

*73;

Beech

Aircraft

34'%

Apr

30

Feb

10

32 % Feb

4

Beech

Creek

321/4

Feb

373/4 July

.34

Jan

17

36-/4 Jan

10

141/a

Feb

.143/4 Feb

10

16

Feb

1

107/8

Nov

20% May
193/4 Mar

8% Feb

7

10% Feb

Dec

24y4

Jaiv

141/4 Jan

103'%

Jun

..92.1% Jan

8

26

Feb

383%

Jun

31% Feb

Dec"

21a/4

21

Nov

68

Dec

26% July
87'% Mar

86 3/4

Dec

25

Jan

10

Bell

34% Jan

11

8

■6

24

77

93

5

97

Jan

.

7

Bendix

263/4 Jan

11'

v7 '

37'% May
393/4 -Get

27% Feb

11

303% Feb

5

33% Jan

132 % Jan

4

136% Feb

2

Dec

37»/4 May
143/4 Jan

283/4 Jan

28

4

V 9% Feb

10

29a% Feb
103/4 Jan

preferred
Bigelow-Sanford

8

Best

7

Bethlehem

Foods

-

Range (or Previous

9 per share

t per share

NEW

•

Highest* -)!■

Lowest

Highest

J/4

Dec

36'% July

'26'/a Feb

9

30'% jan

12

19% May
143/4 Sep

12% Feb

11

143/a Jan

-7

9% Feb

11

il'% Jan

7

17'/a May
44% July

*123/i Feb

13% Jan

323/4 Mar

38

Feb

40 3% Jan

19% Nov

29%

20

Feb

23'% Jan

13

Dec
Dec

22?/4

Dec

Apr

373,4 May

27

23% Jan

57%

Dec

"96

Jan

57% Feb

30%

Dec

51

Jan

*23'/a Feb

16'/a

Dec

163/a Jan

373/4

Nov

27% May
44% Jun

39'/a Feb

11

"46 '/a Feb

11

42'/a

Feb

66% July

87'/a

Nov

96

32 '/b
6

J/4

V26

Feb
Jan

32% Jan

3

71

25%

Feb

Jun

34% May
373,4 Jun

Oct

101%

Apr

23 'A

453/4 Mar.

-Sep

Dec

33% Aug

29%

16%

7

35

8

19

46'% Jan

12

8 J/4 Jan

5

Jan

8'% Jan

7

5

33

Jan

6

100

Jan

18

J83/4 Jan

'3

6

95

Jan

Feb

11

21

Feb

14% Feb

10

Feb

11

65 '/8 Jan

I6V2 Jan

■8

Jan

6

121

123

6

34

Jan

13

6

901/2 Jan

24

14% Jan

20

33

Feb

Feb

16 3% -Feb

Jun

88

Jan

36

7

,■•#?;■

Jan -11

183/4 Jan

"7

Feb

10

92

5

17%

Jun

13% Feb

8

16% Jan

7

7i/a

Nov

10% July

75/b Feb

8

8 34 Jan

26

Dec

Jan

5

Dec

21J%
9

Dec
Nov

•

3

Dec

14i% Mar

363% Jan

26

56%,Jan

22

1% Jan

?7

4% Jan

•53% Jan

18

6,
223% Jan 10

Feb

footnotes

see

page




Inc

Term

5%

59%

58 "

251/4

23%

24'%

740

17

17'/4'

IB3/,

16%

5,600

40%

40Va

40'A

40%

395/8

39%

39%

39'/a

39'%

3,300

50J/4

473/4

403/a
495%

475%

483/8

46%

47%-

6,200

96'%

*93%

97'%

*93%

97'%

24.

7

Canadian

*33 V2

2

2

34

?■ 7

;.

35

97'%

*93%

2'/4

34

*33%

73/4

35

48%

97%'

*2

3t

73%

37

48

*93%

2'/a

7

*33

V*

37

900

600

2,300

7'%

*63/4

35

*30

4,000

7'%

*7'/4

7%

7%

7%

'7%

TV*

73%

3,300

28'%

28'/a

28%

28%

28

28%

28 '/a

28 'A

3,500

27

253/4

253/4

*.25%

20»/r

253/4,

25%

*25y8

7%

30

.23%

30

*100

102

233%

22%

ri

30

102

297/a
*100

22 3%

30%

.23%

23%

*100

9%

10

9%

93%

9%

*30'%

31

*30>%

31 %

*30*%

311/4

97
"20 J% .*20'%

*96'/4

"97

*961%

97

*96%

97

»

20

19%

19'%

14%.

143/4

15

143/4

,15 %
121

121

83^

-

20

69

8%

69

15'/a
123

*121

85/a

-

8'A

68

90'%
13%

30'/4

-

*30'%

*891/4 ; 90'%
13

.•

33'A

33%

163/4

17%

16%

88

88

883/4

V 89

32

9QJ%?

*13

33'%'/

*12'%

33

17%

*,33

07

15

*121
y

13%,
33y4

,

8,700

:

70

.

..

15900

;

610

171/4

91

91'%

91% y

92

*77

;78

.".77 ..v?

.77

*■75

80

*75%

14

•137/«

800

:;31%,-,

•' 200

13

.163/4

90

30%

90'%

33%

;16%

:;•

14%

.123-,
xg%!•,'■ ?8%.

31%"

123/«

17

•

1,400

68%

*891/4

•

14%

v

123.

300

'

19

19

'.ssSfyk

■31%

•$..

23

191/4

•67%

*31%

.

*96%

?v 8'/4.

;

*891/4

13.

'

34

16%

68

'67%

8,900

97

.14%
:

;

90%
"

34

1

:

9%

30%

*121

-

•

31'%

*89%

13

121

9,900

9%
*30 »/4

19 y4

S 8%

8%

23'%

934

30'%

•23%;

,

*96%

.

15 '/a

145/8
121

'68

'

,

19%

19 'A

8'%

i

30

.

"

311%

'

*121 ?, 123

8 5/s

68'%

67

•

'

T

1 102

»-100

9%

23

93%

303/4

3,500

29%

29%

102

500

26

30%

233/4

10 '/a

*96'/4

30

x297/a

301/4
102

*100

303/4

*89%

^

?

78lA

*751/8

78

*75

80

*75

80

1414

par

14%

*12%:.13:ZV';/,
v*32%:;.-:33%^

33%

:

16%

1.7%

.

400

Hi/a

'

8

*119

8
;•

8B/8

100"

5

*79

:83%

.

.''81

*3

.3%

preferred_._100 >

102%

Jlo par

Packing common__No

Pacific Ry

8%

13%

3

/:•:
V.

80
3

203/4

8'%
■

102%

102'%

243/a

...■24%

,??.

,77 V

^

34

54%

"*523/8

iy2

\1%

1%

'

•77

900

7,900

16%

77

14

14%

92

';

14%

>

'

•Sr!
•

*7-7%;
.'•'

77

?

220

300

'80

20

80

f 76

14'%

9,700

7 7/a
V : 7%
*108% 111

2,800

8%

5,500

•'<

14"."

'

5

4%

4%
18

4%

v

35'/a

34

.

81

3ya

20%

*23%

33%

*52%

*17

25

13

No par

*42

>5
19

11 %
107

n%
,

107

18%

:

.,'1%

53

5

1R%

12

113/4

107

*107%

39J/4

*38%

39%

17%

*17

173/4"

13 V4

125/8

13'%

43

42

42

20 5/8

101

25

323/4

.

32%

*533/4

.

15/8

1»%

5
19

11%

:.'.■; 73/4'

8%

■4%
?

19

109

M"'t'

•

,

'

'

100%

1%

5

5

20

12

113/4

2,300
>

120

54'%

5"

12

-

541%

1%

1%

3,800

4%

"

1%
20 y4

■

180

500

24'A"

301/4 ;" 30%

54
'

2;600

100'%

23%

32

54

60

2,100

/31/8
20'%,.

'31/8

25

240

78

20%

1"%

109

:

78 *

3'/4

313/8

.54

11%

8%

2034

3'/b V,

*23%

-

-.32%

'107'%

y.

80

20%

101

?:

100%. 100%

20 5%

25

8

ii"4

,

8% <;■ 8%

*78

v

3'/«

3%
•

101?

*23'%

:

8 3/s •; 8%
80 "•'■■"
80
:

"

No par

80

115 ? - 118

»"

8%

3y8

•101

53

1%

35

;

::

*8 >

73/4

119 '

20'%

24%

*52'%

par
50

",•■■

*80

21

1023/4

24

.7%

*118

8%

1

—1

Cons

-

>

78%

22

No par

14%

8
'73/4
120'% 121

121

205/8

...

'
-

*90

,:92

'

1

.

Co

Hecla

*75'%

.4.15

i.

Zinc-Lead

Mills

,

28%

,30

*301/4

CopperCampbell W & C Fdy._
No

Cannon

48'%
'97'%

21/s

26'%

102

Canadian Breweries Ltd.

24

48'%
*94

/-•?

58%

7'%

277/a

24

Jan

•

X395/8

73%

*33

38

58

28'%

7%

17% Jan
45

*31

38

714

7'/4

71/4

.29

161/4 Jan

143/« Jan

10

23%

59%

*13'%

/preferred
&

233/B

25

••

10

preferred__100

common

participating

Calumet

233/4-

17 y8

,23'%
•

1

^..100

Copper & Zinc—
Go (A M) common

Callahan

23%

233/4'

.'•8,400
1,500
.: 410

'

"

preferred.

^California

%'

21%

59

29'%

_„___5

...

Bldg 7%

Byron Jackson

.38

20%

24i%

pfd—100

common

100

123/4

*35

21'/8

17

*100

No par

Co

*12

39

20%

'

5

;

12%"

*36

24'%

37% Jan

5

*

■58

*12

•

.

213/b

233/4

4,700

17

la

11

24

3,700

93%

25

393% Jan

12% Feb

39

20'%

12%

9 y»

16%

par '19
CanDryGingerAlecom
.1.66%
11%
$4.25
conv. preferred
No par '
107
Canada Southern Ry Co.?.—100 '
*383/a

40 J/4 Jan

24

12 3/4

*36

20%

12%

9%

57%

4

19% May

24'%

*12

12%

25

24

473%

205%

20'A

1,500

27

163/4

12% Feb

Mar

12%
36%

*36

Shares

26%

243/4

27%

par

No par

9%

'

58

7'/4

^..100

;

common.

X12%

the Week

9 per share

16%

108 J/4 Jan

Mar
For

7%

1

28

9J/4

9'%

*27

13%

-13

9%'

123/4

13

26 7/8

i

Feb. 11

I per share

23'%

9% Jan

10

13 '/a

26%

Sale* for

Friday

V

Feb. 10

S per share

26%

9'%

Thursday

Feb. .«>

13
•

PRICES

Wednesday

58

104'% Jan

-38

HIGH SALE

17'/a

28%

conv
2nd preferred
1100
preferred —v__100

4'%%

Byers

Jan

600

243%

*31

par

No par

common

preferred

Butler Bros

li% Feb
•

Watch

Bush

24

Np

Burroughs Adding Machine__No
Bush Terminal
i..

"Putte

301% Feb

Dec

4%

2

25

3,303

9%

58J%

..No par

•4

Jan

Co

Co

•7.

26% Jan

29%

*9%

50

common____15

Burlington Mills Corp

8

54

May
XI91/4 May

Bulova

27

Sep

Inc

400

283/4

95/8

*92

^.2.50

preferred "

Feb

104

Co

-preferred
(The) Co

Bullard

2% Jan

Jun

Shoe

Buffalo Forge Co....
Buff Niag El' Corp 3,60%

24% Jan

10

44

$5

3

11

.

54,800

135

40

1..100

$3.60

7

231/2-Feb

Jun

common

preferred

Feb

82

:25

6,5C0

31%

30%

29%

235/8

;

2.7%
135

9%

263/4

38

•

V

,

-

700

28%

34

9% Jan

121

38
20

28 y8

.

31%
135

'•

1,200

10

$ per share

93%

*12 %

-

29

34

Feb

3

May

119

37'%

4

IOO1/2 Feb

15% May

Nov

3'

Jun

8'% May
31 'A May

101'/a

10

July

54'%

Dec

? Jan

Feb

93%

23%

*9s/8

Feb. 8

27'%
13'%

13

,23%

•

28 %

•

31

135

1,200

9 6 3/8

28

Tuesday

9 per share
27

233,4

28

,31%;?
135

5,000

y,,

22

78

*94

95'/4 "

12,000

9% -:■■:?

9%
22

*76

23%

28%

31%

93/4

22%.

95

*

24 V2

135

'

9%
22%

*76% ,78

3,100
•'

V:

31%

313/s

;

t 2,100
1'-

931/2

27%;,

Feb. 7

share

■

/

15% ?;;

■

*91

10

34

33/4%

93/4

xl5 '/a

•

32%

ll'/a

11 Va

r

•

700

-

*9 5/8

Monday
'

=

180

1,400

15%

*15

-

1,500

30 '/a

34'A

27%

9%

9%

34

20% Jan

4y4 May

401%

Jun

Feb

8% Jan
75

27% July

52

1'%

109

Jun

89

27% Mar

•:

v

32

8%

*8%

16%

221/2-

28

31% :

7®%

Bristol-Myers. Co

93/4

233/4

135%

34'%

3'%%

Feb

v

31%

7'/4

3%%

12%

35%

28

*1347/s

34'%

25

10

105

'

20

163/4

Roller

10

7

Feb

Jan

:

24
-

Braniff

77

Jan

Feb

28%

24% V".
28%

Bearing Co...
5
Airway Unc
2.50
Brewing Corp of America
15
Bridgeport Brass Co
,_No par
Briggs Manufacturing
No par
Briggs & Stratton
^No par

Bower

77% Jan

76

98%

28

24%

2

31

77

23%

24%

2

69% Jan

Jan

"

■

1.400

.

76

34%

•

93%

96%'-

2

7%

8

30

-

„

*95%

24%

11

:15%

-

96

:

2

Budd

Jun

Mar

.". ?

58

.

^.i_100

Bucyrus-Erie

10

15%

j

Maine RR

33

32%

*95

2'%

7

873/8 Jan

:243/8

5 ?

common...

preferred
&

7

88

2% Mar

;16%

•

*72

'

96%

2%

■2

100

16

*16%

600
200
'■■■■■

30

*91%

78

(assented )_100

Feb

.12 s/8 Feb

Dec

3'%%
Boston

-9% Jan

Jun

Dec

Borg-Warner Corp

1"

Jun

114

1,600

y ■

90

30

11

V

93%.

22%

10

>20'%

15

^

preferred
Brunswick-Balke-Collender

Dec

Mar

(The)

Brown

Apr

8%

Co

1

Brooklyn Unipn Gas_.,____^No
Brown & Bigelow.

77

79

Borden

5

No par

3

725%

73

*88

-

-

34%
15

143/4

.

15

,14%
*91%

*76%

13 %

97/8

-

78

.29

13'%

;No par

Inc—

10'

.July

Jun

A

class

B

Stores

21

Jan

9 per

Bvass.w—...5

10'% Jan

x3 Vb

.?■ ",97

Ami, Co

Class
Bond

&

I

24% Feb

243/4

Dec

16% V' ?
34

83/8

8%

*95

Feb. 5

—2.50

313/a Jan

-

'

;No par

Co,

'3

90'%

Feb

Airplane

10

40

Dec

48,600

•

10%

16%

*33 '

76 ;?>

30

22

Saturday

'

* Jan

9

21% May
433/4 Jun

Dec

?■

■••

34%

V

22

LOW AND

STOCK

30%-Feb

75

Mai-

81

Jan

Feb; 4
'2'% Jan 13

14

11% May

781/4 Aug
12%

26

/ Jan

May

30%

7

29% Feb

24 3%

.

5

10

19

1243% July

12

Jan

95

65

93/4

93/4

•■

35

*76

'28 'A

93/4

Par

Bon

Jan

29

98

YORK

Bohn Aluminum

8

NOV

Mar

No par
No par

EXCHANGE

1.8

25% Feb

Aug

Dec

Jan

7

99

Sep

28

97/a
221%

307/s
317/a
,31%
; 303/4
136
*134%' 136
13628 •?■:
28%' 2914 ' ? > 27%

*

32%
0%

V/:

301/2

78

24%

1

93%

8%

30%

11

•14%

32%

•

*83/a
34%

,

*75

13

Jan

23'/a

Nov

24%

40'%
20'%

32

Feb

7%

1

*38

3

Feb

15

.93/4
22%

'

'953/4

*12%

10

17%

/

•95%

Boeing

Feb

90'/a

120

,

11

14%

323/8

78

Bliss
Laughlin Inc
Bloomingdale
Brothers

7 J/4 Jan
28

-12% July

Feb

27

25% Jan

11% May

Nov

9 2'/2

32"

8%

*91%.

14%

93%

10
23

7

8

95

%

27

6s/8 Jan

36%

14%

33

.7

Jan

54

3

Jun

Dec

11

...

11 '/a

11

*91%

15

93%

*27%

41'% Jan

4

2

10 'A May

Nov

8%

95

42

25

-

May

Dec

x273/4 Mar

10%

11 %

9%

No par

CarpeL

15

Black & Decker Mfg Co_____No par
Biaw-Knox Co
:
„__No par
Bliss (E W) Co
^
i
1

17% Jan

Nov

Dec

7 J/4

64

32%

5% May

1% Aug

com

*143/4

153/a

*221%

:

T,__V._.___100

$ per share

# per share

Feb

9%

(Del)

15%

15%

STOCKS

Range Since Jan. 1.

Year 1948

Lowest

xl3

___Z

•___

Steel

7%

15

15%

8%

35

*91%

10

Birmingham Electric Co

7
■

34%

34%

*75.

33'%c

com

1391/4 July

Nov

9

•?

Loan

32%

34%

35

32%

pfd $3.25 ser of 1946.No par
Cum pfd $4. div ser of l948_No.par
Best & Co
.:
■:
i
1

Feb

Feb/

263/4

26

Appliances.

31

*141/2

1

Cum

Mar

303%
125

30% Jan

Home

8%

32%

*11%

V

10
100

-

8%

*31%

15%

:

1

_?

-

83/4

32%

35

5

Beneficial ;Indus

21

Common..,

-

1

Bendix Aviation

5

Jan

10

<

Co

83/4

*31%

i
50

^

Co

preferred

21
•

23'% Feb

Howell

Jan

Jan

1

4

&

41/4%

Jan

11

Feb

73.'i% jan

1021/4 July
30% May

Packing

12 1

% Jan

1

new

^

Beltiing-Heminway
Bell Aircraft -Corp

92

/; 91/4. Feb 11
22

Corp

RR

16% Feb

28

Dec

Beech-Nut

13% Jan

9

145%
90%

Feb

43

10

"

21

Feb

23%

.900

40

42%

;:

17

,

*73

1

1,100

193/4

%'

90

.17.

76

10

42

19%

33%

*331/2

?

•

431/8

,

160

42

*38%

43

10%

;43

1,000

70

.

40%

*39

445,8

1

6,500

21

:?;

10

43

185/8

J?

;

30

9%

;??,

43%

A3

12,509
36,700

.-

18%

?V?.:

10%

43%

.

.9,.-/

21

V

70

.44%

„

600

.ll'/a

8%

*68

21%

*19

•14%

11

,

19%

18%

14.

r

;

9% ':

.8%

'

"'

V

14%

'

69

*21

39%

*38

; ;

10%

l_2.50

:

4%%

91/2

443/4

1

l

1__25

i

111/4

9ya
19%
,

213/a

70

No par

Mills, Inc__

19%

18%

5

.common

11%

9%

23

50

Co

11"%
'

70

I

Corp

(A Sj

14%

H'/a

i9%

10

pid__"

conv

14%

;

21%

10

Inc

Foods

■•9'/4

*69%

Co._

Cigars

11%

8 3/4

50

(Delaware)

Iron Works

Bath

14%

11%

;93/a

100

preferred

Barnsdall

•

?_1_100

common.

common

Brothers

31

^.100

preferred.

Oil

Barker

14%

11%

9

'■

Aroostook

&

14%

11

T__13 '

common

preitrred

mon-cum

Barber

14%
Works

& -Ohio

5

6,100

20'%
11%

*19%
11%

2,500

7,800/'

'

•

38%
*17

109

38%

*38%

39%

17%

*17

175/8

*107%" 109

38%
*17

■'

*107%

38%

*38%

175%

*17

12%

12 3/4

125%

12%

•12%

123/4

12%

*41%

431%

*41%

42%

*41%

42%

*41'%

109
.

39%

40
220

17 s/s

12%

42

28,300
100

">r

Volume

169

' Number

4777

eOMgEHCIAL & FINANCIAL CHRONICLE

THE

(711)

15
t' ♦

:''V> i.V-

NEW
Range for Previous

r:

V

Lowest-

v.v

il

48'/a
3%
J00%

56

Sep

■

Feb

t

2614
30 '

8% Mar

Dec

I ':•

.32

July

41%' Jan

;D 12%

.-ft*

Dec

19% May

30

Nov

43%

.

,■

i

6% Mar.

.

351*8

i

9

Dec

.130

22

32% Feb

11

11

0 97"

%' May

39%

Feb

105

Feb

123:

140

52% Feb'

July

.

Jun

217/a Feb

!

17%

Dec

20'/a

Jan

j

Dec

187/a

Feb

6%

Feb

11%

Sep

514

7% Jan 117;
138.;

12%

Jun

3% Feb

38% July

18% Feb,

11

8% Mar

7% Jan

13

104% Jan

3

Nov

108

Jun

74

Oct

83

May

81Jan,

39%

Nov

22% Feb
11 Va Jan

26

10%

Dec

15

May

10% Feb

7%

Dec

11

Jun

7 % Jan

4. 18%

Dec

28%

12'/a

Nov

20

<

.

t

'

}

,

•:

Apr

18% Feb.

11

Jan

24% Feb.-

Jun

20% Feb

Feb

100%

Jan

92 % Jan.

3

Dec

15'A

Jun

6% Feb

5
11

28% Jan

76%' Dec
4

Jan

9

Jan

•9

July

17 Va

;26%

27%

26%'

>103%. 104

27%

*103%

*103%

104

127%

128

Jan

57o

■

9%

Jan

7
5

5% Jan
11% Jan

Cerro

9

11'A Jan

Ry Co vtc

Sauth

11

10% Jan
18% Jan

103%

103%

127

127

227/s

22

22%

22%

22%

17 %

17%

17%

17%

17%

17%

17%

17%

5

16%.

16%

16%

16%

16%

9%

9%

9%

7% Feb

7

10

5% Jan

4%

23% July
49% July

10% Feb

15

Jan

11
11

36 % Jan

11

29% Jan

*108

•84%

27

*82

28

84

•

3%

*82

106 %
84

84

26'A

26%

23

11%

11'A

11%

11%

11%

11%-

11%

11%

10%

10 Va

*10%

1Q%

10%

10%

1Q%

10%

*7%

8%

*7%

8 %

*7%

8%

*7%

19

8'A

19%

18%

19 Va

18%

18%

18%

18%

18%

Ilia

11%

18%

11

11%

11%

11%

11%

11%

25

25

24%

24%

*24%

24%

25%

25%

21%

22

21%

21%

96

96

5

51'

Feb

42%

Sep

29% Feb

10

Jan

72%

Oct

64 Va Jan

4

July

15%

Oct

12 % Jan

19% May

14% Feb

2%

Nov
Oct

4%

Apr

4

53

3

12% Feb

Jan

Feb

,

Jun

Nov

65%

Jun

51

Feb

29%

42

Nov

.

101% May

19% Nov

27

Jan

48

% July

24%

Dec

97 Vi Jan

May

36%

33

Dec

10

*

84%

Apr

15%

Jan

May
38% Aug

July

176 r

Jan

80

16% Jan
■

88

Jun

82

Jan

20

Dec

x39

Jan

18

109% Jan

3

Feb
Jan

111%

22%

Nov

34'%

Apr

43

Oct

Nov

18% Jan

108 %

Jun

13

12% Jan

3

Dec

; 27% Dec
Feb

"

75%

11%

10%

32%

•31%

31%

25%

26

*49

52

*50

52

50

50

31

32

67%

68

Rock

Is &

Pac

preferred

Co

RR Co

series

No par

A__

No par

*12%

13%

*12%

13 'A

*12%

15%

*14%

15%

*14%

___1

Co

4Va

4

4

55

56

55

—25

32%

32%

*31

34

*31

53%

54%
102 y4

*20%

com

—

C

Pitts

&

RR

Co

Clcpay

2

Inc

12

1%

preferred

2J

4%

cum

f per share

134%

Dec

60%

I per share

•

Dec

183

Jan

63%
1332

July

I per share

Jun

130% Feb

152'

3

60% Jan

,

1075

July

,

Jan

Jan

12

63

Feb

11

Jan

5

1075'

'31

Dec

45%

Jan

29% Feb

34% Jan

Sep

96

Apr

89

Jan

93% Feb

Feb

15

Nov

25% May

16

Feb

26% May

17% Feb

11

12%

Feb

4

19

16

Feb

22% Oct
22% Oct

15% Jan

3

19% Jan

9%

18%

Dec

11

Sep.

Jan

7
8

4%

non-cum

1st

4%

non-cum

2nd

4

7% Feb

10

78%

35%

Feb

3

Feb

24% Jan. 10

3

23% Jan

Jun

37%' Apr
43% JUli

29% Jan

3

35% Jan

3

21% Feb

10

53% July.

47"% Jan'17

51

.

3,20.0

111 y2

150

23 %

•23 Va

23 Ve

23%

23

■

108

*106

108

73

*71

73

71%

*42%

44

*42%,

•

*106

108

*71%

71 %

44

44

*42%

•

Jan

104

Jan

•

xl6
.;

Nov

.12%

July

3%

Oct

3

3

-.

Jan

*

Dec

Apr

29% May

25 '/a Jan

Dec

11% May

7% Feb

-8Va

,

106

36% July

27%' Dec

x24 %

32

Dec

•

Sep

May
6% May

21"

Mar

13%
27

5 Va

5 Va

5

5

4%

•*47/a

5

29%

28%

*138%

14Q -i

*138%

140

5

*80

80%

*80

138%

13§%

*80

5

29

29

28%

81

5 '.

_29%

*138

i

82

"V

140

*80

4%

29%.
140

8l%

140

80

80

'

103%

Feb

108%

»

"•

Saturday

Monday

Feb. 5

Per

-

share

•'61%

63

29

137

%

30

*92

30

93%

*92

L

136% 137

62

62%

*1050

.

t per share

137%

62

•

*1050

Feb. H

tper share

' 137 V

137

HIGH SALE PRICES
Tuesday •;;!Wednesday

•

Feb. 7

xl8%

135% 135%
62%
62%

63 %

>1050

.

>105p

"37%

30 Va

29%

30

30 Va

30'/a

93

93

92

92

14%

14%

14'/a

14%

14%

14%

18%

18%

18

1-8%

16% ;

17%

16%

17'A

16%

*17%
16%

17%

1.7%

17%

18

18

9%

.9%

.
•

%

*9%

-17
18 \ "

Dec
Dec

•

10%

51
29

;

Vi Sep

Dec

12:

18%

19%

19%

19

19%

19%

*19

19

19%

19

19'A

19%

10%

11-

10%

11

10%

10%

10%

8

8

51

8

8

10%
.

8%

.

15% July
16% Mar

29%

35%

Dec

-

33%

Dec
Oct

90

Jun.

14

■

*9%
19

19%

19

19

10%

11

.

8

50%

50'A

so

297/a

30 y8

29%

30%

30 y4

30%

39%

39%

*39%

40

40

40

39%

39%

22'A

*21%

48%

49

7%

;

50

5.0

x30

39%

200

I

250

U i

3,300

1,700
33,000

•8 '/a

1,800

50

300

30 y4

2,600

39%

1,300

22

21%

22%

21%

21%

21%

22%

3,400

48

48%

47%

47%

47%

47%

6,000

10

7•

.

46

,

»

Jan.22

x

21% Jan'

12,

Jan

9% Jan
10% Jan

33% Jan'27

97

Jan

13

15% Jan

21

90% Feb

9

24

13 % Jan
85

•

% Nov

40

May

31% Jan

35% Jan

Oct

99

July

97%. Jan

98%

Nov

13% May

8%

For

64%

footnotes

see

Oct
page




24.

2

11

*96%

98

96%

96%

17'A

167/a

17 y8

.16%

16%

9,600

3%

3%

3»A

3%

3>A

108,800

97V2

95%

97

y4

26%

26%

26'/8

8%

29%

29%

29%

29%

25%

*25%

25%

*25%

4 '

4

22%

107%
12%

8%

41

107

8

8

22%

22%

107 ;

42

26

29%

29%

29 y2

25%

25 la

25%

600.

3%

3%

3,800

22 V8

22'A

14,200

4y«

■:

A:;

107'A

,12%

*8%

9

41%

16%

17%

16%

11%

*11%

!

17

8%

8%

9

8%

9'/a

2%;

8%

/•:85/«

8%

22%

107%

107'A

12%

12'A

:

*8%

42

8%
•

4"

r

12

11%

3%

X22'A

23

107%

8%

1,600

29%:
*25Vb.

■IVU

9JA

2,300
14,100

7%

25%

8%

11%

26%

7%

29%

12%

8%

97

26

77/a

<

25%

11%

Inc-^-llOc

97

26'A

7%

29%

17%

.

97

26%

8

25%

12%
41

96%

26%

30

41

>

-

8

8

9

22 y4,

107%

V

12

8%

4

22'A
107%

11%
V;

14

11%

*ii

8%

8%

8%

8%

8%

8%

*32%

32%

32%
105%

106 y4

*107%

107%

620

33%

33%

1,900

43%
,

-

42%

43%

4,800

16%

14%

15%

6,200

11%

11%

11JA

8%

BY*

8%

2,700

8%

8%

8%

14,200

32%

1,700

32%

32%

106%

106%

106%

106%

106

106%

107%

107%

107%

107%

107%

Container Qprp of America com-^20
4% preferred
^.———100

33%

33%

33

33%

33 Va

33%

33%

33%

106
V 106
107% 107%
33%
3?%

97

*96

$3.75

preferred

7

Continental

Diamond

63% Jan

19

Continental

Insurance

No par

"Fibre
—

.*—5

1

10

97

2

*96

*96

97

97

32%

*96

32%

'

! 13%

13%

13%

13%

13%

13%

13%

'*87%

89

87%

88

8^

89

90

14
90%

34%

33%

33%

32%

33 y4

32%

33%.

34

;'*98 %

•

100

*98%

6%

8%

8%

60%

60%

60%

100

8%
61

.*98%

100

400

43

107

*96

1,900

83A

17%

107%

Continental Baking Co com—No par
$5.50 preferred
*
No par
Continental Can Inc common-*—20

1,400

12%

42%

106%

.

107

16%

107%

'

*8

1,900

41%
r-

*32%

33

•12%

8%

.106%

9?

107

12

$4.,50 preferred
4—-—-No par
$4,52 -preferred—No par

33

130

97

96

26%

17%

!

3%

96

8%

12%
■ ;

3%

23

22%

•:•:.

8

4

*107

—-4—No par
Corp—_1.33%

Aircraft-!-!—1

9% Jan

8% Feb
59% Feb

Feb

Vultee

96%

17.

3%

v,Consumers Power Co com_4—No par

13

37% Jan'22

Grocers

Consolidated Natural Gas—^
*15
Consol RR of Cuba 6%. pfd.!__*100
Consplidated Retail Stores Inc_!—1
Consolidated

26

Jan

preferred^.

96%

17%

26%

.

4
■

Consolidated Laundries Corp!—„*-5

Consolidated Textile Go

7
12

Jan

17% July

92%

48 % Mar

26
,<

108

Jan'

10% Mar

84% Mar

.

7

107% Jan

Feb

$5

Consolidated

8

97

17.

3»A

25%

.

Consol Edison of N Y com—!No par

Jan/ 5

97

17 Vn

8%

*97

'

Congoleum-Nairn Inc_l__—_!No par
Consolidated Cigar——No par
26% Jan "25
4% Jail 21 ," Consolidated Coppermines Corp.,—5

9 *

98%

3.y*'

3%
95%

V

1

14% Jan,'

98

>17
;

29%'

Conde Nast Publishing Inc—-No par

107% Feb

30% Jan'

95'

Feb

3%

*98y4

100

;

97

*96

33

800

740

97

13%

13%

13%

90 y4

89%

89%

32%

33

33%

*98.% ,10Q

*8%

8%

8%

8%

*8%

8%

60%

60%

60'A

61'A

6,0^4

61%

•

2,300
2,070
"

7,600

88 y2- -98%

8%
59%

100

8%
60 la

i

870

48%

(

26%

$6'preferred series—No par
Commonwealth Edison'C,o—__*!_25

5-

105 Va Jan

Sep

7

2

106% Jan"

99 %' May

.

10-

8% Feb

33

30"

>"

17%

3%'

'

8

.

98%

17%

47%

;

ii

2,200
-

:

11

*49%

*49

15,000

9%

10%

7%,

1,400

10

21%

98%

Commercial Solvents——*—No-par
Commonw'lth & Soutli com_!No par

Jan'25

% Jan

23% Feb

10.% Jan. 3•
8
Jan' 10-

42%' Jan

7

3'

Feb" 10

106% May

Sep

9

'7

Feb

106%' Dec

98% July
100

92

—No par

9%

19 y4

10%

3,100
'

10

30%

.

17 y4

18

10

!!:

100

14 y4

17%

19%

9%

6,500

93

17 Va

18

19%

19%

220

29%

14%

!

10%

-

1,400

63

16%

10%

9%4

Shares

135%

16 y4

10%

•"

Saleg fur
the Week

Share

17

*9%

19'A

*48%

18

*91%

17%

10%

:—!_!!_!_—!!!—2.50

8

14%

17%
16%

'

10%

%

29%

93

14%

IS

17%

IS1/#

63

10

>

8

*91%

14%
f

135%

30 Va

10

'*10%

10 y4

8

30

uy2

10%

10%

48%

98 %

8*% Feb'
0V.¬
41
Feb V 5
;

15% May

Dec

Nov

29

100

>1050

$%

10%

11

No par

62%

*10'A

12

*10

48%

27% Jan

11

xl06.% Jan

Jan

7%

t

50

81%

Friday
$ per

135%

62

9%

*11%

100

common-!No par

135

11%

*9'A /■>

9%

100

23

3

3% Feb

12% Jun

8%

.

140

Feb. 11

I per share

>1050

93

-

18%

39 3A

3

21% Jan

Jun

lIz Dec

19

800

1,900

'

Feb. 10

tper share

>10%

23

■

!!

1,400

28%

*79%

Thnraday

Feb. 9

.14

39%

3% Jan 22

25% Feb' 11

,

Dec

.11% Mar
8

*138

3,900

LOW AND
v

Columbus & Southern Ohio Elec__10
Engineering

17% Jan',. 7

•

11.

28.% Jan

25% July

,4

-

13%
26%

•V Commercial Credit common^10
100% Jail 31
3.60% "preferred
A—!——-100

3

89% Jan

Nov

90

;

44

,

14%
28

30

49% Jan

■

12

10% Jan

29% May

Feb

Jan

95

t: 25 V

..

*41

13%"

100

preferred
preferred

Inc

44

\

{

200

27 y4,

19

Superheater

73

14'

31

Jan; 24

471

800

1Q8

28

:

24%

*106
'

72

14

50

3

2-3%

.

'

36%
V 90

'

85

39%
*110%

V Combustion

18% Feb

*82

40%

112%

28

30%

-

85

39%
•

13%

50

13

41% Feb

23%,

•

i

185

28

$4.25 euro preferred ww
No par
Columbian Carbon Co——No par

27

*82

*155

13%

—20

Inc

185

28

—No par

System

*15 5

400

800

*111%

19%

Gas

..

17'A
28 y2

40%

19%

.V Columbia

82%

17%
*28

14'/a

Columbia- Pictures

Jan

*106

40

17%
28%

*111% *112%

19%

Class B

7

32'A Jan

*23

Va

108

*42%

41

112

Columbia Broad Sys Ipc. el A-—-2.50

10
.

23

72. '

Jan'21

9 %

17\

28% Jun

-

-

11% Jan

,

49% Jan

85

M

40%
111%

*78

400
'

17%
*28

28'A

preferred—
—.—20
Colorado & Southern" Ry com..—100

11% Jan-10

Feb.

*82

*82

82%

1

1,800

14

conv

12

10% Jan

Jun

•,'\ 13'A May

Dec

5%

13 % Jan

19'

Dec

/

3

31% May

49 '
28%

24

10

14%

,10% Feb

•

185

185

*78* ;

»

.

28%

Iron Corp com__No par

11'

19.

•

24

'*155

*155

82

43%
27

*6%

•.

14%

No par ;

Aikman_r
&

29

41%

*106

45

17%

*28

112

23%
'/■

*78.
17%

28 Va

85

40%
112

74

82

18

28%

185

*82

108

72 Va

*78

*17%

29

Colonial Mills Inc.!
Colo Fuel

*155

24%

*6% V, -7

18

28%

28%

——

Feb

10

•'32 %. May.

Nov

jan

>

preferred

Collins &

2

19% Feb

*26%

7

7

•e

29

—No par

9 % Jan

17% July

^20% Dec
7%

9 % Feb

.18% July

Dec

*

17% Jan

Jun

Nov

-9%

17% Jan. vT

43 Va

27%

27%

6%

14

Infemat Corp„—No par
Colgate-Palmolive-Peet com__No par
$3.50

44%

27%

28 y4
:

X20

30

29

(The) common_Np par

A

1

43%

28

41%

*43

Coca-Cola

2

14

Class

7

x87 %

Coca-Cola Co

6,30.0

ni

29%

■'

.

j

6%

1'

1

$ per share

1,300

27%

29%

NEW YORK STOCK
EXCHANGE '#'

.

160

20 y2

82

100

STOCKS

Range Since Jan. 1

103 y4

28%

-No par

'

3,500

102%

v7%

4%

2nd preferred™.

29 Va

*6%

1

Jan

28%

1

CJorp—

82% Jan

28%

par

*

Cluett Peabody & Co com

28%

28%

112

'*106

*^.—50

-

28%

,

20%

85

41%
*23

Molybdenum_J_l—_No
Industries

28%,

29

102%

185<

112

*

27,700

34

20 Va

*82

50

52%

*102%

_100

100

52%

443/8

*155

gtd

53 %

20%

_100

7%

34

x52 y2

103%

•*77

330

*32 y4

54%

20%

28 Va

1

*32

34

•

*102 %

82

200

'

54

53%

44 y4

28%

3,000

v

54

20%

*17%

com—

53

102%

17%

No par

4

54

43%

28%

stock—!

Special gtd 4%

*32%

4 la

'

54

20%

"7%

prjrj

_No par

8,900

4

54%

102%

17%

com

400

4'/a

4

54% :

•

441/4

28'/a

—

15'A

20%

_5

Illuminating

12 V2

*14'A

102%

—20

preferred

non-cum

$4.50

.12%

15%

43%

Co com

& St Loqis Ry

C

12%

*14'A

20%

*

;

12%

15%

9,7Q0

65%

102%

*6%

v

100

13%

.

65

44%

28%
•'

100

30

31%
65 y2

4

•

.

No par
—5

1

;29 %

29 y4

21

43%

—No par

6,200

2,100

52

65%

*14%

34

>

10214

Elec

Gas &

preferred

Cleve Elec

26

Highest

54%

*49%

69

'

53 Va

-100

—

13,200
•

,

25%

■

29'/a

12

/•

4 Va

25

18,600

31%

*12%

55

'

26,100

30%

67%

.

4

55 Va

_2.50

:

4

55

6

57/a
30

30%
•

15

,-100

Corp

6'A

13

14%

28%

5% Jan

Lowest

31%
: 68%

29%

30% Feb

.

67

29%

Clinton

Highest

30%

70

8.50

Climax

Year 1948

,

32%

68

-

——10

common

Range for Previous
Lowest

26
52

53%
28%

19

140'

26
*48

52.

301*8

,1100

preferred

Copper

5%

.

3,600

11%

32

26

20

Jan

3%

32 y2

15% Jan

78

Vi 3%

3%

26

30% Jan

138'% Jan

July ;;
92% May

3%

4

3%,

32 Va

4% Jan

147

Dec

2,500

26

27 Va Jan

1Q% Jan
36% May

7%

32%

•

4.%

7%

25%

—

26

Jan

•^7 y2

32%

*48

No par

Clark Equipment Co_!

,

3

43

7%

33

Cleve

25% Jan

900

3,500

8

8

32%

11

39% Jan

Jan

Va

14%

26%

27

35 %

7%
13%

33%

Jan

48% Mar

4%

7%
14%

8

8

4.

'• 9

9y2

7%
13%

26

preference

Jan

47% May t

14,400

9%'

8'A
lo

33

convertible

72

Nov

4

8

9'A

•

15

11%

105

Dec

9'A

9%

*7%

11%

13

Dec

-

9%

7%

14%

11%

11

12%

3,000

11%

Jan

105

78% May

8%

11%

preferred
City Stores

20

25% Jan

V" 8%

11%

5%%

112% Feb" 3

10-

9'/a

11

70% Jan

Feb

23

9%

12%

preferred
Cleve Graph Bronze Co
5% preferred
i

23%

-

Jan

9%

11%

City Investing Co common

7

42'% Jan

3%

1,100

9y8

6 '/a

4%

8

82

4%

4'/4

31%

C I T Financial Corp.!
City Ice & Fuel

3

30 % Jan1

"7%

*4

'/a

1

6

C

Jun

34'/2

v

5

7%

500

*4

14%

Cincinnati Milling Machine Co—10
,,

July

105%

69%

26

28 % Feb

21

27% Mar
176

Feb

82'

8 la

14,200

V5 .84%

4%

30

Cincinnati

7% Jan' 12

4

8 la

9%

:

31%

31%
*84

4%

7%

7%

14%

84

^-'8

6%

5%%

29% Jan .27

8

Feb

7%
14%

32

84

4%

9y8

9%

9%

9%

8

16 Va

31%

84%

A%

•

317/a

11

3

Jan.

6% Feb

9%

8

32%/

1,000

29

Childs

.

I

80

9%

15%

25

vtc

Chicago Yellow Cab

3

Jan

Dec

9%'

-

•

1,800

22 %

6 %

P vtc

&

preferred

Chickasha Cotton Oil

24

j ail

8%

•

7%

22

23%

29%

Chrysler

45% Feb

9%

*84

30

*7

23%

6%

Chile

Xis

9%

*4%

7

24%

31%

84'

84
;

■

7

1,900

97

28%

7

103 % Feb

4%

7%

*95

400

21%

21

'

6%

8

3

84 %

4%

7%'

24%

21,
95

11

29%

Jan

25

Jun

7%
75%

4

*837/a

4%

20 Va
95

3,500
14,100

25%

6 Va

Jan

11

32%

10%
*24%

28%

7

Feb

7%
25%

32

18%

6%

Conv

7

42% Jan

x20

7%
25%

11 %

25%

1,000

s

18 VB

29%

Jan

29% Jan

Paul

7%

21 y4

V 97

*95

10 Va

7 y2

6 Va

58-

27%. Jan. 11.

Jun

class A

84

21%

21Va
97

26 y8

4%

40

21%
*95

3ay2

26%

32%

84

^No par
St

A

36

"Jan-

& Louis Ry Co

*25%

26%

preferred—_50

60

32% Feb

50%
23 Va

1

V.:7,: %

32%

100

;

6%

7,600
22,700

11%

10'/a

28%

Chic

19

5'/« Jan

preferred.

96

6%

•11'/a
'*

100

$3

4

16% Jan

*95

70

100

No par

20

Jan

par

No par

11

*24%

1,200

83

Chicago & Northwest com
No par
5% preferred
J.00
Chicago Pneumat Tool com__No par

21

74

Jan

63 % May

■

34% Jan

No par

Class B

3

Jan

!

;

1,600

106

23%" 24%

11%

10 Va

8'A

3,000

7.%

**81'

26%

10%

5,300

4 VB

106

*7%

com_5

3,100

18%

7%

82%
•

600

16%
10

4

107

200

8,900

18

18%

7%

400

22%

97/a

4%

82%

26%

:

19

•

-

—_9.50

Corp

_1

:

Milw

•16%

10%"

7%
*106

106-

*82%

128

16%

25%

27%

26%
103%

*17%

19

7>/a

106

25,100

103%

128

17%

4%

20'A

7%-

150

3,800

26 y8

•217/a

9%

4%

*19

7%

3,700

52 %

22%

16%

•

2,300

x52y4

*17%

10%

19

7%
106

25%

16%

10

4 %

19

107

16%;

10Va

<

4 %

.7%

107

*83!

111 RR Co com—No par

A

Series

7

20

31% Feb
25

5%

Chic

8

Feb

49% Jan

31

,

4%

19%

»'7V8

16%

9%

6 'A
137 %

22%
•

40<J

.

33 %

6%

*136

127

•

2,500

33%

,

104

125

..

700
'

13
'

32%

' 137

*103%

•

•

34

11%

Copper Corp

convertible

Chic Ind

7

Jun

Feb

•

7

45%

i

4%

19%

IVa

>105

Chicago Corp (The)
j,
1
Chicago Great West Ry Co com__50

7

May

20

4%

9%-

20%

7%

100

Products

& East

class

:

7

8% Jan

33% Jan

40

44%

Jan

5

57

14%

v

8

25 %

*

129
•

20

100
jno par

preferred

2%%
Chic
:

,'*136

'

104

Mfg
1.25
Chesapeake Corp' of Virginia
5
Chesapeake & Ohio Ry common—25

•

33 %

136

No par

West

Co—

Belt

$4.50

7:

11.

11.

Dec

1332

34%

,

128%

Checker Cab

11

10

Feb

11

Dec

137

34

136

22%

_No par

Sugar Co

Pasco

33%.
137%

1

1

Champion Paper & Fib com—No

7

7% Feb

13% Feb

3% Feb

26

39

de

Chain

3

U '/a V eo

33%

.

'

21

Feb,

85

28% Feb

49% Mar

105

Ga

33%
137%

128'A

23 ;

-20

preferred series. B vtc

'Certain-teed

21

7

Jun

Dec

90

of

35%
138

23%

128 %

—100

Central NY- Pr Corp 3.40%. pfd—100
tCentral RR of New Jersey,.!—^100

7

13 y* July

Apr

•

13%

10

No par

_No par

common

preferred'
:
Central Aguirre Sugar Co_—
Central Foundry Co__—;

7

41% July

7% Mar
.

Feb

8% Feb

12% July
22% July
15% July

4% Mar
30

Corp

5%

7

4%' Feb,

■

14% May

Jan
Jan

7%

3-

July-

Nov

6

•

26%

1

18

8% Jan

79

90

Feb

12

Feb

Jan

96

31 % Jan

Feb

.

7%

,

26%

!

7

22

May

27

24% Jan

1

1

6%

27%

7

34% Jan

30

45 %

Dec

1
10

6%

25%

'

6

33

I

28

11

26"%

25% Mar

.

6%

*32

6,500

31%

*12%
■

v

160-

: ?7%

*31%

-

13%

33%

27%

Violeta

Feb

32

•

*32

3,900

108 %

'27 y8-

53%."

Central

Feb

31 Va

i

7

*31

1*3%
•

33

v-.x-:

•

7%

>.

;

13%

33
e.%

106%

53%

Century Ribbon Mills

90

•

*63A

31%,

xl3%

107
27%

'

27/a

53%

14

17%
»

7'

3J%(

.

33

10,7

100

5%'

5%

53%

2i

24%

.

6%

<■•••;';-,

13%

>,•

53

'

53%

&

21% Jan

6%

.33

13%
*32

;

27%

*50

Shares

13

5%

53%

Central

13'A Jan

11

10% Feb

I3V4
32%

108

27%

the Week

*12%

53

5%'

53%

i

Central Hudson G & E Corp
Central 111 Light 4%% pfd

2

Jan

33V-

34%

13

32%
*6%

*50.

^.No par

35% Jan. 20

8

.

13

32

*107

*

27% V '••#:

V

6

52 %

doramon.

Co

$4;75- 1st. preferred—
1% 2nd preferred

19

11% Jan

*33%

12%

Corp*—'-—4—1

107%

26%

7%

5%

54

Central

Jan

•

107,%

108

v

"V,.

52%

;

84

7

27

5%

33%

>

3

11% Feb

107%
v

5%

53

:*50

I

1

13

*137Va

27•

-

\

5%

?

*12%

35%

7

Jan

;

53

14:

*12%'

Sales for

Feb. 11

1$ per share

138 »/4

I)

Celotex

108

'5\

May"

Jan

*50%

5%

27%
33%

33%

13%

32

10

*

*12%

53

*50

108

27%

12%

Friday

Feb. 10

tlper share
1

34 la

21

7% Jan-

11

v

Thursday

'

| per share

>137%

7'

24'A Jan,." 8

3

Jan

Feb. i)
J

25

6

iJan

6-

9

•100 %

Wednesday:

Feb. 8

•—*———100

Jan.20-

26% Jan.

&. General

(J

7%

11'A Jan, 24

Dec

Tuesday
$ per snare

'Celanese Corp of Amer com—No par

7

131% Jan

common—.

preferred'—
Caterpillar Tractor

17

Dec

7%

Case

7

104/

Corp

12%

6y8

*

>107

^100

Conv preferred 4% series——1-50

'

4

32 %, Jan

:

6

Power & Light——_No par

Carriers

7

Jan

3:

Dec

...

Carrier
,

3

6%
;

IV

37% Jan

.'•

& Ohio Ry

53

Carpenter Steel'Co—:—.4—'-—*--5

'

2

18% Jan. 11.'

22'/8

«

Carolina

8,'

9'% Jan

Carolina clinch

'

33

11-

17'/a Feb
16%; Jan

16

7

14.% Feb.

.

34%

"

Feb. 7

,

t per share

13%

*51

preferred A___—————10
Capital Airlines Inc—!———1

4

Feb

*12%;

$3

35% Jan, 29

.

Feb

Feb s

27% Feb.

100% Jan;' 3125
Feb 10

May

22%

Monday

,

V

Feb. 5

$ per share

Capital Admin class A common—1

i :

55%.Jan/

7

s

Feb;

108

7

25% Feb

Jun'

Saturday
A

Far

6% Jan. 17"

'

68

STOCK

-

Jpn;i7'':

53/

•

131 ►; Jan

Feb

t

35

T

Jun

Nov

l"!. f

LOW AND HIGH SALE PRICES

•">;> EXCHANGE V.V.

•

tjfer shpri

.

May

YORK

NEW

Highest

RECORD

•

147% July

Feb

X50}

.

Jan

52%

?,

share

5;% Feb
4
5% Jan
3>
102 ; Jatv;iQ>
26%, Jan 17.
31% Feb;
9. .
12% Jan ,4
32
Jar\ 14i
$y2 Feb, 10-

110%. Nov

Dec

t

i

Lowest

12% Feb

Aug

t

.

t per

' May

18

Apr

V

t

t per share

Feb'

•

Range Since Jan. 1
•!'

Highest

I per share

>

STOCK

STOCKS

,

Year J94H

YORK

500
!'

rt

3,500

'

1

\
>

1

.

/;•
il'

COMMERCIAL

46%

Feb

14

11

83/a Jan

11

563/4 Jan

Apr

25

54

Jan

55% Jan

16

Feb

19 % Jan

49% Jan

2

50%

Nov

15%

Jun

Nov-

23%

Nov

98

Dec

l7/a

8%

20

Jan

20

Corning Glass Works common

99% Jan

25

3%%

21

Cum

5
100
100

Products

Corn

4

62

Feb

178

Feb

2

3% Jan

3% Jan

26

Jan

2% Jan

8

32% Jan

7

Crane

Jan

14

Feb

28

Feb

Jun

99

Jan

93/4 Jan

19

Creameries

7

25 % Jan

12

Cream of

19% Jan

7

16% Jan

36"% Jan

Dec

46% Mar

Dec

34%

91%

Feb

103 %

95

Dec

129

Feb

24

Jun

29
3

41% Jan
27 % Jan

8

94% Jan'

July

3

:

97% Jan

4

Jan

6

72% Jan

24

5%

25

34

Jan

25

Feb. 11

30% Jan

10

Cuba

17%

Aug

133/4 Feb

10

73/B Feb

7

Feb

155

177

Apr
Dec

(11%

Dec

15%

Dec

24%

7

Feb

Jan,

27

13"

Jan

7

Cuneo

Jan

7

A

Jan

: :i8

Prior

12% July

3

4%

Feb
Feb

137

Sep

21

' Feb

136

Jan

20

Class

7

Jan

21

137

2

2

29%

293/8

28%

100

28

29

100

9%

*9

233/4

23

23

*23'A

24

23%

23%

23

23

l67/a

167/a

167/a

xl7

17%

17 Va

173/a

17

17'A

*403/4

9'/a

42%

*95%

403A

25Va

25

24%

96%
100 '

*95

"

96

*95'/a

*40 3/4

41
24%

96

203/4

203/4

24

95

95 Va

*94

98

20'A

20

70

70

*69

70

27

28

14.

13%

13%

1
100

pfd

Corp common

74
12%

*16%
6%
*124%
49:%
8%

*15
6%

16%

*124%

126%

49%

49% "*

83/8
21%

8%
22 %

22%

*13^

140
22%

;

6%

,.

—

22%

22%

73/8

>

16%

16%

17

6%

6 3/a

124%

125

8%

*49%

9

22%

5%

300

,

18,100
60

125

122

125

,

6

49%

49%

900

8%

9 Va

8%

9 Vs

79,400

Va

23%

140

3,900

140

*132

#

800

23

*22'A

23%

23

22

21%

21%

21%
*132

1 140

23%

'16%

49%

22%

22

*132

140

16%

600

12%

49%

50

8%

>

12%'

-

6%

6

124%

63/e

21%

*132
22 V2

123/4

6,000

7%
74

*70

74

*12%

460

7,400

133/4
178

7%

7%

7%
*70%

12%

12%
*16%

126%
49%

178

*160

7%

200

26

13%
*160

74

*70'A

■

17

21

140

178

*160

178
7%

*70
12%

8%

22%

No par

*160
7%

49%

22%

*132

7%
74
12Va

16%
6%
127

49%
8%

1

178

*70
12Va

30

2,700

/70

25

29

13%

160

V

20%

20%

29'

*160
7%

4,400

24%

95

x95 '/a

20%

*69

70%

*69

300

24%

x9o

96
100

20 3/4

700

3,800

43

*

96

24%.

24%

*95

96%
100

42

*403/4

43

24'A

*41

29

*160 ,178
7%
7%.

1,000

9 Va

*9

9'A

9

14

*124%

8,600

100

*98%

9

23
163A

9

9

14

10

28%

2

*98 3/a

293/a

*98 3/a

100

1,500
2,200

3%

2

3 S/8
2 Va

3%

2

60

178

*177

178

*3%

20

5,600

60 3/a

59%

60%

59%
178

3%

4,000

99%

*98

99%

29

Inc

Cutler-Hammer

61
178

*3%

3%
2%

29%

*98Va

60%
*177

177%

530

100

*99

100

*98

1,700

21%

21%

21%

21%
*99

99%

14%

A

7

29%

21%
100

29

Cushman's Sons Inc 7%

26% Jan

2

21%
*99
*98

20

9 Va

51%

51

50 3/4

51%

9

9'A

9

v.

51

14 VA

—

4

177 %
3%
*2

9%

9%
51

29

-

22% Feb

x31% May

21% Mar

24% Jan

8

July

28y4

; Jan

91/3

50a/4
51
21%
21%
*99
100
*98
' 99%
597/a
60 %

1A%

preferred
Curtiss-Wright common

9% Jan 31

91/^

9%

4,900

513A

*51%

513/4

120

16

16

16%

16

*51%

29'%

Inc

preferred

513/4

13,500

:

55

*54%

143a

f

$7

19

16%

*51%

25

55

29%

v

19

Jan

603/4

16%

51%

55

100

pfd

No par
—No par

Jan

7% Jan

''

18%

7

7% Jan
50

213/4
997/a
98Va

54'A
16 Va

70%

16%
6%

129

1,100

1

*54%

*54%

21

Cunningham Drug Stores Inc—2.50
Curtis Publishing com
No par

4

25

52Va

29

13

11

May

26%

*51 %

70'A

*12'%

14

Aug

61

26

26%

20%

5

Jan

150

Dec

1,700

26%

26%

2

76

5% Feb
122

Feb

47%

133

'

14 3A

14

71

*71%

47% Jan

13% July

122%

'

•

48 3/a

*14%

26 '/a

*98Va 100

x.100

Press

47%

14%

6%

common—10
.—100

non-cum

7%
preferred
Cudahy Packing Co common
4% %
preferred

8

Jan

16% Feb"11

July.
17% May

73

12"

88

8 3/4 Jan

67% Jan.17

13% May

Dec

6%

RR

Cuban-American Sugar

15% Jan 27

Jun

7%
-67%

'

preferred

conv

63A

48%

14'/a

137/s

21 %

21

7

66

Dec

96
*95
*70

Jan

Jun

•'12%

No par
No par

6%

473/4

14%

60%

41
25%
96
100

25

6%

49

14

*176% 177%
3%
3'%

.

9'A

41
,

6%

48%

21 %
997/a
*98

173/a

100

Jun

78%

24

com

x6%

26%
54%
16 Va
51%

16

21,200

67/b

14'A

54%

Shares

48%

6%'

9%
51

24

Crucible Steel of Amer com—No par

28%

Dec

Corp

preferred
preferred

$4 2nd

05 % Dec

20%

Zellerbach

$4.20

25

Jan

96

X95% Feb 10
20
Jan' 3

Jun

No par
5

preferred

$2

Crown

473/4

the Week

t per share

I per share

for

Sales

Friday
Feb. 11

Feb. 10

9 per share

$ per share

7
49

51%

30 Va

24
17

2.50

-

Thursday

Feb. 9

Feb. 8

63/4
477/a

137/a
26%
54%
16

14

9%

2

(The)

«

*98% 100

1

America

of

Wheat Corp

•

26%
54%
16 '%'
51%
93/4
52%

29%

100

Cork & Seal com

Crown

24

11'

25

common

preferred

3

26% May

36%

Co

33/4%

Feb

23

Dec

100
1
1

preferred
Inc

8a/4 Jan

Jan

23%

99

14

7%

Coty

PRICES

Wednesday

Tuesday

9 per share
'

7

49%

21%
21%
*99
100
*98
99%
61%
613/4
*176% 177%
3%
3%
2
2

25

com

Coty International Corp

57

Jun

13

1947

Refining

Jan

171% Jan
2

24%

Nov

98% Jan

preferred
pfd 3%% ser of

Jan

3%

Dec

22

Jan

98%

Mar

17%

Exchange Bank & Tr Co

39%

Feb

Sep

x21

Corn

Mar

5%

Dec

29

92%

7
12

92% Jan

July

177

Oct

3'/4

11% Jan

94

66% Mar

Dec

56%

prior preferred
No par
Copperweld Steel Co common
5
Convertible pref 5% series
50
Cornell Dubilier Electric Corp
1

543/4 Jan

20% Jan

Oct

"

14
26%
54%
/ 16%
*51%
93/4
52%

$3

Feb

9

97% July

Oct

,

14
common—5

Corp

Corp

7

■

483/4

503/4 Feb

,

57% July

Feb

18
88

Steel

9 per share

">

1

5

Delaware

of

Cooper-Bessemer

6

51% Feb

Oil

Continental

3
24

Oct

50

164'/a

153/4 Jan
293/4 Jan

10

21 '/8

Nov

86

7

July

55

42 '/2 Mar

Feb

Continental

11

13% Feb"

Jun

Feb

Per

18

19%

x49% Mar

Feb. 7

LOW AND HIGH BALE

Continental Motors—

7

47% Feb

33

Mnr

9%

6% Feb

Jun

69%

19'% Mar
13

Jun

10%

Monday

Feb. 5

9 per share

f per share

t per share

Feb

6

Saturday

STOCK

YORK

EXCHANGE

Highest

Lowest

Highest

I per there

NEW

Range Since Jan. 1

'

Year 1948

RECORD

STOCKS

Buft for Previon*
Lowest

STOCK

YORK

NEW

Monday, February 14, 1949

CHRONICLE

FINANCIAL

&

*

19

Dec

v

»

Jun

223/4 Jan

5

27

Feb

4

Dana

1

1

Jun

87

Jan

4

92% Feb

1

Jan

12-3/4 Feb

11

Jan

24

100
Davega Stores Corp common—2.50
5% conv preferred 20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
7

•

20%

Oct

13%

30%
94%

Sep

85

14%

Dec

"-'17%

18'/a

Feb

•'

Jan

15 % Jan

13

17 % Feb

11

15

Jan

28% July

,

14

33A%

31
7

20 % Jan

pfd series A

24%

Feb

31%

Aug

3

30% Feb

3

82%

Nov

94

Jun

92

Jan

4

95% Jan

21

Preferred

3.75%

series

A

Sep

94

Jun

92% Jan

11

95 Va Jan

20

Preferred

3.75%

series B

NOV

A 15%

-8%

Sep

>

26% Jan

Jan

9% Jan

3

10% Jan

8

9% Jan

7

Decca

13%

Jan

27

Dec

42

Jun

26

Feb

11

Jan

12

31%

Dec

46%

Jan

32

Jan

4

34% Feb

2

3

34

29 %

34% May

Jan

*.

31% Jaiv

50%

Feb

38%

Rubber Co

Dayton

6% Feb/ 2

37

Jun

Feb

29

/

7%

24

21

Delaware

7

Delaware

7%

Feb

13% July

73/4 Feb

10

93/a Jan

14%

Feb

39% July

22% Feb

11

27% Jan

7

Escrow

ctfs

for

32% Mar

58

443/i Feb

11

50 3/4 Jan

24

Escrow

ctfs

for

20

21% May

Apr

56

Jan

Jan

55% Feb

Jan

7

-

24 % Jan

22

26%

Oct

23% Jan

17

11

Dec

16%

Jan

11% Feb

11

19%

Dec

28%- Jun

19% Jan

Jun

37% Feb

40

Jan

7

42

45% Feb

1

22 % Mar

46

35% Mar
Feb

38

46% July

Dec
•

xl9% May

13%

Dec

20%

25

Nov

41

46%

Jan

Jan

9

17

Jan

5

30

Jan

Apr

48% Jan

7

51

Jan

10% Jan

3

117/b Feb

Match

Diamond

Divco

3

Dr.

28% Feb

11

Jan

24

Doehler-Jarvis

19

Feb

12% Jan

3

15% Jan

11

Dome

67%

Apr

48% Feb

7

54

32%

Feb

50%

Oct

46% Feb

11

Jun

33

Jan

21

Dow

106%

Jun

103

Jan

11

106%

Oct

101 % Feb

108% Jan

21

$3.25
Dresser

Nov

31 Va

Jun

19% Jan

22% Jan

26

83

Jan

98

July

84% Jan

86% Jan

21

Dec

20

May

12

133/4 Feb

1

Dunhill

94

10%

DWG

10

7,400

55%

20

7%

8'A

3,800

24%

300

Eagle-Plcher

25% May
20% May

19 Va Jan

13

14% Feb

7

16% Jan

7

Eastern

19%

Nov

12% Feb

7

133/4 Jan

7

Eastern Corp

Dec

22%

Jan

9% Feb

11

13% Jan

7

Eastern

38

Feb

45% Jan

7

14

46% May
175

33%

>82

Mar

j

i

Dec

39%

143/a Jan

4

18

Jan

90

Jan V 8

88

Jan

12

Jan

10% Feb

4

8%

•

Jan

Jan

*20%

29

Feb

>

Jan

11-

Oct

13% Feb

7

Jun

33% Feb

9

;

43 ''J

Jan

7

21
7

•

37%

37%

38

46

45

45

1%

Nov

13%

Feb

139

Feb

123%

2 5'8

Feb

:

166

Oct

147

Oct

1373/4 Jan

:

5634

Jan

17-

Jan

Nov

t

27%

Jun

18'% Feb

Dec

-

743/4

Jun

49% Feb

<43% Dec

12'/3 Dec
19'%
x55

Jan

Dec

47%

46%

19%

100
8

103

85

85

*82

85

*82

85

14

*12%

14

*12%

13

*85

86%

13%

*12%

14

12

12V4

*12
184'A
*120%
*100
*114 v
11'/a

'V.'

12
185

182 %
120

120

100

*99

115

114

114

114%

Corp

*10 3/4

11%

11

_

Feb. 7

10%

44

42 Va

18%

16 Va

1

16 Va

16%

163/4

*86

100

'

90

A-

7

■

14

r

*33%

7

38%

38

14 Va

13%

133/4

33%

33%

97 V

4'^a
9 Va

Feb
Jan

..

Feb

50'%

Sep

4

9'/4

-

Dec

Dec

3'%
For

Dec

6%

.

4% Jan

Nov

16'% July

;

12 /

24
18

104

Jan

13

Jan

7

14% Jan

21

5

Feb

11

56% Jan

3

61% Jan

24

68%

64'% Feb

9

68

31

9

Apr

4

-

49 Va

Dec
fnntnntoc

May

L




8

Va Feb

11

7 '/a Feb

9

Jan

4

36

7'% Mar
mttrp

Feb

8

J a 11

20'% May
11% Jan

7% Mar

34'%

28

65% July

f

Feb

59

32% Jan

f.

12%

x.

—10

'•

18'%

50
50

:

4

24.

Feb

2

Jan

4% Jan
lOVaJan

6

7

preferred
Equitable Office
RR

5%
Erie

preferred series A
Pittsburgh RR Co

Eureka
Evans

Williams

Products

7

Eversharp

9

Ex-Cell-O

21

Corp/
Co__

5

10
25
.100
1

—100
50
5

3

1

Inc
Corp

Exchange Buffet

*49

3

Corp

2.50

473A
13

13 »A

'44%

13%

-

*14%

*30'%
*101
■>:

*4%

>

38%

'•

7»A

38%
33%
•1%-

-

154'/a
138

*136

48

48

154'%

21'A

1

154'%

'

154

154'%

-

137

*136
,

•V

12%

1,000

18%

18%

19'%

193%

19%

'19%

19'%

2,300

*51'%

53

52

52

50%

50%

*44'%

45

45

*44»%

123A

*12'%

11'/a

13'/a

-

12%

*44'%

V

12%

70

70

12%

70'%

3,600

10%

10%

3,300

11%

11

11

11 Va

10%

14

13'%

13% ■;

13'%

13%

13'A

13%

13 Va

13%

15'/a

15

153/4

15'/a

15*3/8

15%

15%

*153%

15'%

32%

31%

31%

4%

*12'/«"

102

102

103
4 %"■'•■"

32

*31 '/a

31
'

-

1

'

43/a
12%

12aA

4-Va
12%'

*57

59

*57'%

58%

68

*65

70

4

4

4»/a8%
7%

4

4'A
8'%
8

37%
4

'

8'A

8%

31'/a
*101

43A
12 5/a
X57

64'%
*4

8%

7 3/a

7%

7'/a

373A

37%

38 3A

*3%

4»%

*3%

32;

102

*313%
101

101

-

*100'%

102

57

*56'A

5734

*56'A

57%

65

*63

66

4'/a
8%

7'A
39

4%

4'/a
8'%
7'A
'37

*3 5/a

80

18,500

12%

12

700

12 3/a

12'/a

12%

1,900

4,300

4%

43A

3,400
:

4%

43/4

4%'

600

45

'■

70

70

11%

,

15 »/a

4'%

300

1,100

50'/a

12%

70

37

1,500
-

'47»A "47%

18%

71

37%

16,800

493A

-

;

*69'%

31

■

700

4,700

1%

18»%

13%

*44'%

*102

1,900

1%

20%

139

3,500

34

,

'

48-

—

"

13 3/a

13%
'

2,000
3,900

:

38% '

*33'A

'

1%

48

•/

"

6%

*13'A

13'%

331%

138

6%.
38 '/a

-

••

13'%

22

-■

'

13%

21

(

10%
100

*96

33'%

1533/4

*65

*4,

39'A

88

10%

10%
100

133/B

71'%

32

8

7

t

33'A

45

103

9

-

*..

7'A

47%

70

7%

38%

10%
*96

*86

90

*86

.v

10'%

137 «/2

59

8%

7'A

90

100

153 3/2

59

37

10%

11'A

14

15'/a

4'A

500

22'/a

13

4'/a

6,100

15'%

21%

*65
•

29%

15'%

'.1%

12 'A
'

29

16

70

12

43A:',

173

29%

16

45

*44'%

71

11%
-

173'%

29%

53

•

18%
*49

45

60

173

173'%

16

1%

473/2

13,000

43

30

213A

47%

*13

'

19

53

43%

171%

100

3,700

9%

93/8
42%

*86

383/4"

*134

137%

13,400

12%

93/4

1533%

155

47%

1

2,100

143/B

43%

l7/a

*134%

138%

*70

No par

common

&

Feb

4% Jan

Bldg

,

4

Phonograph

4%

83% Jan
39"

Mfg Co

&

.13

_3

Natural Gas

Empire District Electric Co_,
Endlcott Johnson Corp common

Erie

47'3A

_No par

preferred
preferred
;

Radio

100'% Jan

*136%

153%

*153%' 156

No par

conv

Electric

Jun

No par

.

;

9%

213%

22 3/»

18'/a

14'/a

13;

1%

2

1%
21%

.

Electric Storage Battery

Emerson

3

1%
22 Va

*

Emerson

•104

1%

213A

».

18'/a

14%

12%

share

*12'A

18%

14'/a
*

42%

*96

7%

34

18%

14%
13

for

Shares

*153/4

10 '/2

*33'%

I per

9 per share

183%

Sales

the Week

Feb. 11

Feb. 10

29'A

90

13V4

34

50

Friday

Thursday

42%

100

38%

3A

800

700

10%

10%

10%

600

99
115

171'%

le

7

>

*114

115

10%

11

99

7,400

120%

120%

99%

10 Va

10

42%

*10 3/a
*96

14>A

29 Va¬

*86

100

63A

7

39

33%

3

No par

;

■

.

10%

10%
*96

100

*96

100
1
.—5

90

*86

*10% •10%

18%

174

*153/4

1143A

1823/a

181%

120 %

99%
*114

181%

99

1,266

PRICES

*12'%

103%

29

.

184

*119%

120%

9 per share

14 3/a

*170%

293A

11%
184

500

11 %

11%

11%

2,400
4,200

20

19%

20%

11%

Feb. 9

13

42%

173 %

29

19%

Wednesday

18'/2

10

43%

*170%

30

i

7

*10%

11

9 per share

18%

18%

29%

-

2.50

shares

Amer

7

1143/4

114%

Feb. 8

174

43%
172

com.2

common

preferred

15% Jan

99 /.

Tuesday

9 per share

share

18%

18%

100

_

common—

common

>119'%

99%

11

Monday

f per

_10

common

preferred
preferred-

183%

183%

120%

Saturday

common;

Ind

11%

113/4

11V4

182%
120%

Feb. 5

_

Co

*12 3/e

185'A
121
100%

99%

101%

103

203/4

85

85

101%

103'A

20%

20'A

101%

500

104 %

103%

20

*12

103 Vs

102

20

13 %

2,100
10,600

*

103

103

86%

15 Va

49%

463'8 "47'A

103

19%

*12

14%
49'A

47%

104

101'A

*85

15%
49'A

47

104

103

'103

28,500

14%,
49

47%

103%

103

104 %
104
20%

*103'A
*102%

No par
No par
50c

47 Va

14%
50

14%
?■: 49

LOW AND HIGH BALE

Steel

Co

29%

47 Va

10%

13% Jan

30% Jan

8,300

46%

10%

11

Jan

29

48%

11

11

34

28%

29 5/a

29%

14'/a

13'/a Feb

10

30

47%

STOCK

Boat

Mus

293/4

293/a'

14%

preferred

Convertible

1,200

49%

30 Va

*12 3%

10% Feb

153/4 Feb

320

300

11 Va

14

Elgin National Watch Co—.

6

49%

11 Va

49%

Elliott

14% Jan

2,800

26

11%

14'A

6

Aug

14

*23'A

49'/a

49%

7

16%

-

*13'A

27

11

13%

14%

16'A

Dec

14

49'/a

48%

12%

20'/a July

Feb

9% Mar

14

*24%

11%

29%

14'/a

24

12%

8,700

49%

30'A
14%

Stop

Paso

13%

11%

49%

1

Electric

5%

13%

49 Va

14-Vs

-100

Electric

El

13%

11%'

49%

Nut Co.:
Auto-Lite (The).

3

13%

*49 V8

No par
15-

21% Jan

■

13%

11%

*11%
29%

12%

44% Feb

66

800

50

49 %

*11%

14%

76 V4 Jan

Jun

11%

11%

12%

3

Oct

76

•

200

11%

50

No par
5

800

44

11%

11%

preferred—-—-

Co

*43

11%

50

14%

Kodak

5'%%

44%

3/4

50%

57

Jan '•

38%

*43

11

*49%

14'A
*26

27%

*12%

14

49

Feb

29'A

-

*37%

44%

No par

14%

14%

1

Jan

Dec

12'%

5
8

38%

*43

14 %

13% Jan i 7

29

-

*37%

*11%

26

10

42'% Jan

41'%
5 5'A

1

12'A Jan

900

38

26

$6

10

800

19%

v.

38

13%

$7

Jan

11%

19%

14%

18

51

•'•V 11%

20

27%

14

11

47% Feb

11%

19%

*25

160
Jan
8 '
31-' 144% Jan

153 % Feb

.

2 Va Jan

24

11%

14%
26

Electric Power & Light com—No par

•

12

19%

14%
26

Elec &

3

*24

No pay

12

3

24%

13%

20

1% Jan
19% Jan

24%

13%

Jan

May

23% July

19%

8%

44%

*

•

*11%

38%

38%
*43

10
5

Products

Elastic

20

20%

Inc-

preferred

4% %

7

343/i Jan

12
20

*11'A

12

Va

common

Stainless

4%%
Ekco

20

15% Jan

38 Va Feb

16%

Feb

Jun

"

11

20

*24

8%

24%

24->

23%

-

*55

83/a

13%

Edison Bros Stores Inc

8

7% Jan

98

20

6'A Jan

98

Jun

12 V;

24

8%

8%

11%

Eaton Manufacturing Co new

10

11% Jan

37%

56

t

6%

7

174

5
■1

*23%

21 %

/

8 3/a

8%

11%

Co

Airlines

Eastman

3

32% Jan

Feb

Jun

106

Nov

-32%

Feb

7

29.

16%

Jan

U1

Jan

164

Dec

92%

Dec

5%

42 Va Feb -7

Jun

19% May

Dec

92

12

61

8%

8%
23%

.:. *23%

Per

Oct

Sep

61

8%

133/4

9 per share

Dec

10%

' *56

EXCHANGE

12%

t

3,100

55%

60%

*55

61

*56

11%

1st pfd

YORK

9,300

60%

*66

STOCKS

«

/

Highest

7%

-.

4,600

No par

NEW

Range Since Jan. 1

600

2,200

37

7%

45%

13%

Cigar Corp

13%

%

37

8Va

23'/a

No par

30% Dec

37%

7%

11%

Corp

13

157

37%

8'A

21%

series

3

37%

8'A

21 %

$3.50

Jan

37%

8'A

4434

Preferred

18

38

8 Va

22%

27

Dec

37%

21%

Du Pont de Nem (E I) & Co com—20

Range for Previous

18

%

83'a

8'/a

47

101'

share

38

38

8%

24

3

I per

32
38%

31%

21%

97% Jan

t per share

32%

31%

•

45%

Jun

,

-32%

31 %

23%

99%

9 per share

33%

31%

21%

No par

Lowest

32%

32%

47

series

Highest

27

33%

*31%

*27

24'A

$4.50

Year 194*

27

32%

32

21%

Preferred

Lowest

28

33%

31%

46%

5

12% Jan

27%

32%

32%

24

21

10

27'A

33%

21%

21

10% Feb

1,300

27%

33

463/4

Jan

Jan

11,000

26

27%

13'%

common

Duquesne Light 5%

5,700

*32

13%

preferred

conv

63/4

27%

No par

Co

70

6 5/8

7

23%

121% Jan

153/a

6%

46%

187% Jan

Dec

9%

7

23 Va

8

12

9%

■21%

8

115% Jan

6%

21%

4

3

■/,"./

7

800

47%

Feb

113% Jan

6%

9%

33%

37%

International

Duplan

*9%

9%

*9%

;

30

94%

9%

24'/4

Jan

Jun

93 %

*93

9%

21%

11% Feb

116

*91%

94%

46%

120

Jan

94

*94

23

179

111% Aug

13

*92%

95

49

Jun

May

94

95

24%

188% July

18

*93

95

',21%

124%

Dec

93

95

21%

Jan

Mar

113%

93

46%

Feb

12%

}64

x29

11%

2nd preferred
Industries common

3%%

12

Jan

29%

2

$4 preferred series A

Feb
Feb

X18 %

17%

29 %

2

Corp

Chemical

90

105

17%

Co

Ltd

Mines

97

Feb

18%
293A

Ltd

Douglas Aircraft

7

50% Jan

18%
'29 3/a

11%

Co

Nov

900

5,400

18

293A

943A

943/4

200

17%

*29%

17%

18

29%

94%

*93

1,000

15%

18 34

1

Pepper

200

15%

.

123/4

29%

9%

*44%

Corp

Nov

40

16 %

7

25

Car

Motor

T

Corp-Seagrams

11%

Feb

*15%

67/a

No par

common

preferred

47

29

16%

12%

23 %

12.50

Dixie Cup Co common
Class A

21

Jan

16%

*15%

9%

8 % '

5

Co

partic

Distill

18

23

Dec

6%

8

Feb

26

*15V4

7

38 %

1
1

Raynolds class A

Diamond

6

13% Feb

Oct
Jun

15%

8,100

92

*90%
.

20

1

Corp

12%

"

Devoe &

26

153A Jan

12

Jan

13% Feb

Vilbiss

De

8
26

56

Dec

10

Jan

11

19% May

Mar

11
13

12% Jan
22

12%

100
_

Detroit-Michigan Stove Co
Steel

13

100

com

pfd

Edison

Detroit

12%

9'/a

32

Detroit Hillsdale & S W RR Co_100

10

9% Jan

11

'%

Detroit

3

Feb

58

11

7% Feb

60

•

Dec

22

3

13%. May

Dec

8%

20

13%

West RR

Grande

Denver & Rio

July

*13

27%

50

Western

&

13%

92

33%

!

20

Lack

*90%

7

100

& Hudson

29%
95 %

1

preferred

Jan

403A Jan

11

91

*18

95

•

—__No par

& Co commons

24%

91

9%

50c

Deep Rock Oil Corp
Deere
>

24

15%

*94

50c

.

Inc

Records

24%
91

29'A

*93%
/

23%
91

24%

24

24%'

24%

25

92%

13%

18%

29%

100

.

'--.":8%
,

18

100

84

*15 %

'

24'A
*90%

25 'A
92%
i33/4
16%

24%
*90%
133A

300

*63

66

30

4'%

4

4

2,700

8%

8 '/a

7'A
38

4%

8'%

2,000

7'/a

7'A

4,200

*373/4

38%

1,100

*3%

4 >%

200

Volume 169

Number 4777

THE

COMMERCIAL

NEW
Range (or Previous

Range Since Jan. 1
Lowest

Highest

I per thare

YORK

FINANCIAL

STOCK

CHRONICLE

t per thare

I per share

NEW

Highest
$

YORK

LOW

STOCK

per thare

•<V/.

v'V

:

J

Monday

"4 ?,'■* **"-!

Feb. 7

Saturday
•>

EXCHANGE
a.

Par

.

Feb. 5

,•/

(713)

17

RECORD

STOCKS

Year 1948

Lowest

&

9 per share

AND

HIGH SALE PRICES

Tuesday
'

11 '

I per share

Wednesday

Feb. 8

Thursday

Feb. 9

t per share

s

Friday

Feb. 10

Sales

Feb. 11

t per thare

f per thare

tor

the Week

I per share

Shares

F
37

Nov.

5

Jun

36% Feb

8

41 % Jan

7

33%

Oct

19% Feb

11

24% Jan

10

Fajardo

Sugar Co

28%

Nov

24% Jan

21

25

Jan

13

Falstaff

Brewing

Nov.'.

20

54%

Nov

Apr

xl9%

11%

Jun

1% Feb

10

7% Jan

7

Farnsworth

Oct

12% Feb

11

8

Jun

35% Jan

3

11

Feb

35%

Feb

16

Mai-

5 >;

20%

16
43
'

20% May

14% Jan

12 % May

Jan

24% Feb

99%

21%

25

25

26

Fedders-Quigan Corp
Federal Mining & Smelting Co
Federal-Mogul Corp

10

Federal

28

% Jan

6

20

Federated

*38

5

Jun

96

4

99% Jan

Dec

24%

Sep

18% Feb

7

20% Jan

5

Felt

26%

Jun

14% Feb

5

17% Jan

6

Feb

69%

Oct

64% Jan

31

67 % Jan

20

53

Jun

45'% Jan

5

Jun

105% Jan

42

Dec

103%

Nov

107%

.49% Mar

14%

Feb

28%

Nov

96

Dec

26

Dec

42%

25 »/2

*96%

96%

96%

96%

9% Mar
Dec

82%
24%

105

92%

Dec

9%

11

Feb

3

Florida

13 % Feb

5

Florsheim Shoe class A

24"% Jan

>

Follansbee

15

Feb

10

10% Jan

11

Wood

28

29% Jan

8

Food

Jan

3

90% Jan

18

9

Dec

91

19'A Feb

11

25% Jan

7

24% Jan

4

25 % Feb

3

Feb

10

11'/a Jan

11

8% Feb

8

9% Jan

11

Jan

16% May

10

May

10

Feb

17% Mai-

Oct

x38

Power

67%
461/2

67

67%

67'A

671/4

66

65%

11

44

Jan

13

11% Jan

19

12% Jan

25

18% Feb

7

20% Jan

12

84

76

Jan

3

78% Feb

2

4%

Gabriel

Aug

100
100

6% prior preferred
Francisco Sugar Co
Franklin Stores Corp

Feb

9%

25%

10
25

221/4

16%

16%

24%

25%

25%

46%

2,200

X103

106

500

59

59

1,500

*16%;. 16%

26

25%

1,400

25%

6,300

99

99

*97%

99'/a

27

27

27

*27

27%

300

13%

13%

13%

13%

2,600

40
'

13%

13%

13 '/a

131/4

131/2

13%

13%

21%

21%

21%

20%

21'A

13%

J

2,200

100

*98

*26%

27

Co
___10
Froedtert Grain & Malting Co Inc_l
Trailer Co common
1

94

92%

92 Va

21'A

20%

21

24'A

24%

*24%.

10%

Freeport Sulphur

9i/a
25%
85%

*92%

25 %

25 Va
'

13%

800

7,400

9

,

13

21

/'.'■IS

25'A

9%

9%

2,500

26
86

*85

87

*85

87

93

*92%

93

*92%

93

21

19 'A

25

*24iA

25

*9%

10

,

*92%
20%
*24'A

25%

21'A

*24%

10%

*97/a

10%

*9%

10%

8%

8%

8%

*8%

8%

41%

42%

40%

41'A

401/4

12

12

12

12

12

12

18%

19%

18%

19

18%

19

761/2

76

77%

77

77

42%

*75

*75

76%

40

25%

90

100

19%

*8%

8%

8,000

2,700
210

100

8%

700

2,300

40'/a

V- *11%
'

24%

25%

10

8%

12

19%

10

40'A

12

100

20

25

*9%

-

9

9

25%

19%

42'%

Fruehauf

9

20%

86

*8%

9

*8%

9i/a

24%

85%

21

*24%
'

9'A.
87

9 %

21

*10

No par

preferred

60

17

46%

47'A

106%

60

13 %

13%

24%

93%

21

'•

47
*106

17

100

*85%

.

87

*92%

1

700

21%

13%

.21%

9%

25%
*85%

Corp__10

common

110

19%

'

1

Chem

&

pfd
3%% preferred
Foster-Wheeler Corp
conv

22%

98

*18%

60%

25

*98

*26'%

47

*97

106 %

17

24%

99 %
27

97»A
19%

106%

59

16'A

25'A

46%

97

*18%

*58%

106 %

*58

13%.

13%

*46 Va
*106

107%

13%

13%

21%

']

10

Stores Inc

Machinery

*26%

27

13%

No par

Corp

24%

99%

100%

13%

7%

*106%

25%

25

27

46%

46

48

107%

*99%

No par

Corp

Steel

Fnir

3%%

12% May
24% Jan

Dec

67

No par

Florence Stove Co

26

68%

67

(The) common__No par

preferred

6

23% Jan
85

com

Carpet Co

Flintkote Co

$4

Rubber

Jan

Jan

47%

67

17

95

Feb

67

17

11

35%

6 6'/a

17%

Jan

10

15

17

25%

Dec

8% Aug

15

No par

38 % May

Mai-

.22

15'A

Firth

20% Feb

Jun

Nov

15

3

.12% Jan

Jan

12% May
47% Jun

,

Dec

79

191/4

15%

17% Jan

14

21%, Jan

27

19%
15%

8

3

40%

18%
15

59

13 % Jan

Dec

18%
15

59

7

Dec

18%
15

60

27

b.iv J

14%

_10

preferred

600

2,20)

23%

25

5'A

18%

46%

31% Jan

5

30 J

17

96%

59%

28

97%

25%

.

;

19%

*106%

100% Jan

97'A

24%

25%

3d

:

5

15

25

7

*16'A

5%

4.7„J

97%

100

5

*37

17

51/8

174,*00

19%;

No par

7

37%

*16%
'<

300

1%

13Va

12'A

14% '

First National Stores-

(The)

1

1%
13

*37

•,'/

5%'

24%

■

12%

800

.

3.0JU

25

1

4

&

17

'

.

19%

va

5

Mfg Co.__

19

Jan

Jun

5%

251%,

1%

13
38

167/a

26%

3

13
*37

5i/u

25%

36%

*24

167/a

26%

24

Tire

19

24%

5%

26%

36%.

20%

*23%

*16%

5'/a

49% Jan

27

12%

17

5Va

61% Feb

25% Feb

15%

17

5

37

x20

■'V' 2%

37

17'/8

*36

20%
24%

13%

38%

'A

y 37

.

20'%

41/a

13
37

106 % Jan

98 % Jan

Dec

3'/2

13'/a

4

Jun

36 % May

13

4'A

37

*24%

25

37

3

4%%

20%

5

com

Fidelity Phen Fire Ins N. Y
Firestone

36%

201/2
*23'/2

13

Jan

53

May

xl04

4

16% Feb

59'A July
20 % Aug

36%

■

25 '/8

37

5

preferred

& Tarrant

21

13%

17

Ferro Enamel Corp

4% %

37% !

20%

4%

12%

1

2

37%
*24

__100

Dept Stores

Dec

Jan

4

No par

Motor Truck

53%

.

38%

21%

1'

26

19%

;

37%

20

Televis'n & Rad Corp__l

17%

,

No par

Co
common..

Corp

6% Jan

9

5

&

17% Jan

3

31% May

Morse

% Jan

38

1

Dec
Feb
Feb

90

16% Feb

-

Fairbanks

18%

x38

38%

12'A

12

12 »/2

1,200

19

18%

19

3,000

77

77

140

77%

Wa

6 '/a

6 'A

6'A

6%

G
6%. Dec

10% May

6 % Feb

10

6% Jan

7

6%

Dec

10'A May

6% Feo

11

7'A Jan

10

16 %

Dec

20

16% Feb

3

17% Jan

6

3

9% Jan

10

9

Dec

38 Va

12

Dec

12%

Aug

Nov

3

41% Jan

12

15% Jan

24

17

11

17% Feb

3

5% Jan

3

6% Feb

3

Gar

27% Jan

3

Dec

45

May
26% May
18 % May

Dec

99% Mar,
42

Jun

106

7

15'/a Jan

20

42 % Jan

105

3

102% Feb

May

10

Jan

8

Jan

11

Feb

11% July

10

Feb

7

10% Jan

24

159'/2 Dec
14 % May

160

Jan

6

163% Jan

9

Nov

// 72%

Sep

28 %

15

Nov

97/« Feb

82

Jun

11

11

Jan

21

8

July

11

10

Jan

7

Feb

74

Feb

11

79% Jan

conv

1st

44% July

27% Feb

11

31

Jan

7

4%

18

Dec

24

Jan

18

Feb

11

19% Jan

8

General

xl25

Nov

144

Jan

133

Jan

19

139

Feb

31% Mar

43

May

36

Feb

10

40

Jan

>6

34

Mar

41

Jun

,39% Jaft

3

42% Jan

21

Nov

96

Jun

93 % Jan

13%

Dec

10

Feb

5

13'A Jan

87%
9

Mar
Feb

53

Oct

47 y8 Feb

11

Feb

128%

Jun

123% Jan

4

Feb

108

Jun

100

Feb

Lowest

$ per share
66

Foods

13

I per share

Nov

57% Jan

NEW

Highest

4

62% Feb

5

125% Jan

17

$5

6

100 % Jan

26

Preferred

18%

Dec

120

2

General

Jun

13% Feb

8

14 % Jan

8

Gen

Nov

23 % Feb

8

25% Jan

7

,18% May
4% May

13% Jan

4-

15% Feb

3

3% Jan

7

30%

17

122

12% Feb

11

Gen

6

10

5 % Jan

3

24% Jan

123

31%

Jan

25% Feb

7

28

Jan

11

Oct

116% Feb

11

122

Jan

27

21%

Dec

98%

Apr

18%

Dec

76

Dec

Corp

$3.75

Public

Utilities

25% Jan

10

22 % Jan

10

Gen

4

30

Jun

18% Feb

11

21% Jan

May

75

Jan

24

77

86%

Dec

25

16

Feb

7

17% Jan

Dec

85%

x74% Jan

6

76

122

Dec

50%

96 % Mai-

■'<

2%

Apr'

13
5

21% Jan,

7

50% Feb
6 V Jan

3

31

4

Jan

12

3

17% Jan

7

Feb

10

62% Jan

26

10

116

102

Jan

11

45% Jan

26

5

104% Feb

3

13% Jan. 19

15% Jan

11

3% Jan

7

101

Jan

2% Feb

7

5%

Feb

Jan

3

6% Jan

6

Aug

18

Oct

16% Jan

4

17% Jan

17

Feb

35

Oct

24% Feb

8

28 % Jan

7

21% Feb

11

Jun

95

Jan

13

Sep

12% Jan

11

14% Feb

3

6

32 % Jan

$5

23

Nov

31

:,89

Nov

99

9 % Mar

,-xl2

|

14%

Mar"

29

May

40

July

Dec

36%

15% May

Feb

50% May
23% Jun

Dec

:.132

Feb

145%i

Jun

60

Apr

77

Feb

40%

Jun

'6

32

Jan

12% Jan

3

38% Feb

10

16% Jan

3

135% Jan

6

•

uranite

13

Jan

13

43% Jan

7

18% Jan

10

142

Feb

ll

3

Dec

17% May

13% Jan

4

14 % Jan

25

10

Feb

13% May

10% Jan

4

11% Jan

85

Feb

*125%

*101

103 %

*100

102

•

1

•

59%

13%

13%

24%

24 %

24

14%

14%

14%

*2%

2%

12

11%
19%

19%

4-%

-

4%

4%

24"%

com

Lumb

60%

59 %

59%

123%

123%

123%

99%

99%

99 'A

99 %

1,400

13%

13%

13%

13%

13%

13%

13%

1,000

23%'

23%

24%

23%

23%

23%

23%

2,100

14'A

14%

14%

15

14%

14%

,14%

14 %

3,300

2%

2%

2%

2%

2%

2'%

2%

3,800

12%

32,500

19

19

125

23%
*26

25%

Vz

18%
*122

4%

4%

24 %

23%

26%

119 %

119

11%

19
125

4%

24

24
' 25

12%

*18%
"122

4%

4%

.

12

J

2%

118%

26%

119%

118

29%

87

24%

24 %

1,700

20%,

20%

900

102'A

*101

102%

*101

102 %

*101

19

*76

80

*76

80

*76

80

*72

75

*72

75

*72

75

*72

75

18%

87

.-

5%

100

*113%

11%

11%

11%

12

11%

12

11%;

11%

4,000

29%

29%

29%

29%

30

29%

29'%

6,200

19 %

*50%

75

_

19

19%

:■»%

16'/8

*74%

86%

16'A

75%

75'A

19

19%

*50%

51

90

16%

16

78

*85%

89

*86 '/a

89

16%

16

*75%

19

19'A

*50%'

51

16

*74%

51

*50%

5%

5%

5%.

5%

5%

*113%

115%

*113'%

115%

*113'%

15%

15%

15

15'A

xl4%

57%

58%

56%

57%

57

57%

57%

57%

56

57'A

101%

*101%

102

102

*101%

101%

103

42

42%

41%

42%

/ 104%

*102%

104%

14%

■14%

14%

1

2%

5

*6

10

*16%
26 %

5

22%

100

*95%

1

13%

No par

*31%

12%
40

14%
2%
6 %

17%

2%
6

,

5%
115

41%

42%

103 Va

i/-

103 '/a

*103'%

14%

*14'A

V

14'A.

2%

2'A

6

6

2 'A

2%
6 %

17

*16'%

27

25%

26

24'%

22%

22%

22 'A

96%

12%
40%

95 %

13 %

*31%
12%
39%

97

13'A

<

13%
*32

33

12 J/2
41

/ -V

.

42'A

104%

2%

2'A
*6

2,600

*96

97%

13

13'%

32.-;

32

12%

*31%
12%

39%

38'%

94

96

16%

15%

16%

15%

16%

5%

5%

*5%

5%

5%

5%

5%

12%

Nov

20%

Jun

10

14

Jan

7

Feb

58%

Jun

47

Feb

10

50

Jan

8

$5

57%

Feb

81

Jun

61% Feb

11

71% Jan

7

Gulf

14

Jan

181/2 July

16% Jan

3

17% Feb

9

Gulf Mobile

—

& Ohio

preferred
Oil

RR com_No par

11

No par

Corp

V

11%

10%

11%

*92
11

47%

17%
142

*64

72

95

17%
*

140'%
*64

36%
;

36%

36%

13%

13%

*13'A

10%

10%

10%

*94

95

*92

11%

10%

47%

47'A

11%
47%

97%

*96

13

•12%

33

*31%

12%
39%

17%

142
72

37%

12%
38'%
17 Va

*140%
*64

35%

6 '/at

97%
12%
33

12%

1,200
200

"

80

1,500
200

38%

2,000
10,600

17%

4,000

142

150

72
36

3,700'

*13'A,

13 Va

1,100

10%

10%

10%

22,2T)0

94

94%

*94'%

95'%

V 140

15%

16 Va

15%

16'A

9,300

5%

5%

5%

*92

14.

95

10%

11

*92

10%
*46

1,600

95

107/a

12,600

48

47%

47%

47

47

47%

600

63 'A

64%

62

63%

61%

.62%

62

..

62%

62

62%

61%,

61%

16,300

1 73<,

1 75/„

17%

17%

,17 %

,17%

17%.

,177/8

T 17%

17%

17%

17%

16,300

*47

25

"

Vrv

95

25,200

3,400

15%

*92

2%

21%

94

95

1

21'A

5%

-*92

-1

22%

16%

•>'.

j

100
800

21%

17%

69

no"
.,

•

;
'

5,500

V

14'%

22'A

"140

-96

2'A

40%
104%

25

39%

.17%

*94

14'A

24%

96

5%

X40 'A

."*102

25

10%

16

300

25

13 %

*94

102%

25

10%

1

*102

17

13%

10

4,000

6'/a

10%

100

56 %

*16Va

12%

12%

-140%

56

6%

13 '/a
,-

39'%

18 'A
141

j

2,900

16%

13%

17%
140%

2%

>

10

.:

15 y4

16%

10 '/a

18%

15

2,700

5%
115'%, %

'

17'%

*96

13%
33

*14 'A

;

—

22'A

97

13%
33

41%
*103y8

15

:

5,600

24%

22%

97

103

104 %

6'%

6

*16%

25%

22%

*102

42%

42

17

*16%

103

600

19

15%

5%
115

i

8,400

51

15'%

6

*104

No par

18%

*50'%

15%

No par

preferred

75'A

115%

5%

200

16

75%

15%

r

13%

conv

'

*113%

6

10%

$5

19'A
51

86'% V"

16

16%

16

115%

No par

Corp

*84%

86%
75'A

16

No par

common

2,100

29

No par

Sugar

18%

30

*86%

,

No par

Aircraft

18%

18%

12 '/a

13%

3

102%

19

80

18%

10%

Jan

*101

102%

19

*76

19 J/4

*13'/a

93

530

24%

29

,

19%

3

4

1,600

21

36%

July

26 %

117%

23%;

24%

36

97

2,200

26%

116%

21

75

51

preferred

23%

26%

118%

21%

37

4%%

6,200

24%

36

Guantanamo

24

600

4%

21%

36

Grumman

4%

4%

19%
125

24%

36

7

*122

11%

-

3

*18%

18%

700

24%

*72

16%

Common

11%.

12%
125

60,200

21

75

77%

com

12

11%

*122

-80

1

pfd

Shares

20

*76

16%

common

for

the Week

24%

19%

20

29%

10

Steel

Sales

f per snare

20%

80

5

P

Friday
Feb.11

Feb. 10

59%

24'A

*76

Co_l

No par

com

Thursday
t per thare

I per share

60

•

No par

com

500

123%

4%

*72

100

101

24%

*101

102%

19%

'

*98

24%

20

*101

5

!

60

*19%

24%

20

i

3,200

60%

■,

27

—20

4,500

47%
127'A

10

99%

120

No par

10

47 '/a

*126%

10'A
48'A

123%

11%

25%

24%

400

59%

19 >A

119%

24%

!

7,100
■'

99%

•

125

*122

40'A
97'A

123 %

2%

125

30,600

99%

58%
•

24

ia%

lOc

.

60

36'A

124%

13%

19%

137%

13'A

99%

ny8

800

99%

124%

99%

*122

300

'.

*123%

60%

124%

par

5

20
.

23 Vz

60%

2%.

74

PRICE8
Feb. 9

$ per share

•'

39%

100

(H L) Co Inc__
1
Greenfield Tap & Die
Cprp__No par
Gr*vhound Corp (The) —

Jan

11,400

*93

127

100

Wednesday

Feb. 8

9 per share

471%

*64

6

1,600

8'A

36

97'A

127

v

69

19% Jan

9%

137'%

41%

10

lO'/a

127'A

139

40'%

*64

94% Feb

8%

9%
8

•

37

69

8

10

36
*95

102

*98

Tuesday •"

Feb. 7

124%

13%

*126'%

LOW AND HIGH SALE

Monday

100

.

;

1

48 %

;

48

48

127

-*99%

595/3

10'A

10%

4.8%

126%

*124%
.

10%

10%
'50%

$ per thare

/:

97i/a

49

103

v •.••••-,x\:

41'/a

97'/a

126

126:

103

40'%

96%

*95

...

*64

5

24.

10 %

10%
51

*125%

40%

*137'%

37

100

26




10

50%

«

'

36%

40 %

97%

Bay & Western RR

5% Feb

page

40%

27%

Green

15% Feb

see

40 %
97 %

139

36%

142

93% Jan

footnotes

40%
97%

138

139%

36%

18

Jun

10% Feb

*137

37%

*141

Jun

Jan

36%

18%

18%

100

9

92

140 %

*137

40%

par

44

For

37%
*96%

preferred

25% July

98
s

8%

Sugpr com—No par

7%

10

Dec
Nov

5'/a Mar

10

9

139
37%

yi39

120%

Stores

10

8%

"

;

_i

Great Western

6

16 %

conv

10

:

2,900

18

Gt Northern Iron Ore Prop__No
par
Gt Northern Ry 6%
pfd
No

4

38% Jan

$2.25

.

9

100

10

163%

27%

No par

3%% preferred
Grayson-Roblnson

10
*163

18

Inc

Co

10 J/4

"163%

27%

Co (The)

(W T)

10
*163

74

*50%

Grant

10«/a
163%

18%

50

13

10

*163

10%

130

2,900

103%

28

No par

25

Jan

Green

35% Feb

Uity

*102%

76

com

24% Jan

13 %

901/2

Union

104','2

42% "43

43'/a
102%

*26

.—

com

Graham-Paige Motors
Granby Consol M S &

*103%

104%

43

102%

*18

No

preferred

Grand

43
103 J/2

*74

preferred

97

Jan

29%

►.

104

104%

43

*102%

18%

Co

Gotham Hosiery

18

;• is

4,600

6,200

29

*75
19%

preferred

18%

13%

76J%

No par

Goodyear Tire & Rub

18 >/2

13'A :

*27'%

Telegraph Co

$5

19'A

13%

*75

100

(B F)

300

31

18%

13%

29

Goebel Brewing Co
Gold & Stock
Goodrich Co

7,100

18%

76 %

common

Goodall-Sanford

*30'/a

32

6%

18%

100

(The)

conv

*30'/a

6%

*27%

10

preference

Co

4%%

6%

*75

Feb. 5

preferred

Glidden

12

x40% Feb

conv

$4.50

2

15%

'

$5

Gimbel Brothers

31

101% Jan

Jan

8%

Jan

Jan

56

Jun

5"%

Dec

Jan

.

14% Jan

Oct

23%

3

115

Oct

105%
i

11

5% Jan

Nov

24% May
64% Oct
103% Aug

Mar

Dec

18% Feb
48% Jan

May
55% July
6% Oct

38% Mar
15

Jun

28

471/4 Mai-

v:

May

6%

18 %

*75

-.

Saturday

com

75

6%

28%

preferred

Safety Razor

500

77

77

r

.

24

&

17

9%

8%

120

Gillette

91

10 Va

*27

7

7
10

17

17

10 Va

*163

9'/a

1

33% Jan

Feb
Feb

17«/a

163%

10 y8
;•

10'A

No par

3%% preferred
Geuigia-fac Plywood

29

Va

8%

•

7

39% May

17 y8

18%

No par

12% Feb

96%

300

17%

28%

preferred

4%%

15%

13%

*104

•

43%

10 Va

8%

*75

.

No par

7

Feb

Jun

4%%

39'A

*14%

13%

103 7/8

10 %

10%
-

10

*

153%

pfd

Gen Tire & Rubber Co

700

*39

15

18%

_No par
No par

19

Dec

Mar

'

.

Jan

27%

,94%

5

Instr Corp

1,400

39%

15

28%

Corj)

Time

l6
*163

No par

102 % Jan

3

*10%
163%

10%

.

Refractories

3

9»a

18%

Corp

25

9,100

*9

18%

-

104»%

43 y4

102 Vz

43%
103%

100

com

Jan

20

87

113

43 'A

*102 Va

1

Advertising

101% Jan

22% Jan

*104

105

*104

43%
103"%

"163

100

Portland

Railway Signal

6%

:/

'

3S%
•.•v'

32

32

1.200

€'A
16%

*27%

com

11% (Feb

> 14%

104%

43%
*102%

«

No par

series

Dec

82 % May

Feb

*104

5

STOCK

90

Nov

13 Vz

31%

*30

No par

com

General Shoe Corp
Gen Steel Castings $6
General Telephone

29% May
30 % May

Mai-

18%

13 Vz

10c

132%

4

18 Va

14%

Gen Realty & Utilities

Dec

19%

19 '/4

13 »/2

General

Feb

48%

30%

18%

14 %

7

Nov

Jan

30%

19%

14

4

24%

72%

30 %

19%

100

22%

v

30%

1

preferred

110%

•

50

No par

YORK

Outdoor

Gen

7

Jan

17

4% Feb

Jun

102%

6%

No par

Cement
Gen Precision Equip
Corp
Gen Public Service

20% Jan

Jan

23 '/a Jan

61/2 May

Feb

3

18% Jan

Jan

10

11% Jan

May

128%

4% Mar

2% Feb

Jun

29

-

6%

100

Co

Corp

Motors

General

15%

6%

9

6«/a

6'/a

5%

50

preferred

17%

Sep

22 %

Jan

26

Feb

6%

Par

123 % Jan

Dec

6%

% per share

x97

Nov

6%

100

EXCHANGE

Jun

2%

6%

Instrument Corp

Jun

10%

1

preferred
3%% conv preferred

125%

12*

.

17Va

5%

,99%

Feb

17%

16%

No par

General Mills common

Oct

16%

*17'/a

No par

$3.50 preferred

Range Since Jan. 1

Highest

50 '% Mar

17 %.

5

General

93 % Feb
12 ^ Mar

119

*17%

STOCKS

Year 1948

# per thare

17%

1

Electric

Range for Previous
Lowest

17 %

No par

com

13

107% Jan

10

15

39%

*

*16'A

/

'

.

preferred

General

28

Jan

*14%

9

40%

15

100

11

52 % Jan
127

*39'A

*14%

com

2nd preferred
Cigar Co Inc com

General

■

40%
97

39%

15

conv

7%

3

97 y8 Feb / 3

118%
!

39%

15

;

preferred

4%

*16 J/2

-

39%

General Bronze Corp

20

6%
9'/a

9

9

6'A
17

15

Transportation

Corp.
preferred

6 "A

39%

com

Investors

General Cable

16%

9

9

9

6%
*16%

16 %

15

$4.25 pfd series A___
No par
General Baking Co common
5
$8

'A

6'A

6%

6
*

1.66%

Inc

preferred

Amer

17

V*

6%

6%
6%
17

39%

50

$4.50 preferred
General

6'A
*16

9%

No par
No par

Industries

6%

9%

preferred

Wood

'

6%

6%

6%

*16%

5

Co

General American

19

9% Mar

com

Gaylord Container Corp

6

46% Jan
106

conv

4% %

4

23 % Jan

3

103% Jan 25

53% May

Jan

32 % Feb

18% Feb .,,8....13% Jan

Apr

8%
146

-

105%

Dec

100%

/

Feb

5 %

Gamewell

6%
V

1

20

;

(The)
Gardner-Denver Co

Dec

Feb

com

Gamble-Skogmo Inc

14

5%
16 %

Inc (Robert)
preferred

6%

13% Jan

23% Jun
9% May

n%

■Jan

1

Gair Co

38 % Jan

27%
':

.9:

.

(The)

48% Aug
17% July

Feb

16%

Jan

Co

V

18

THE

(714)

COMMERCIAL

NEW
STOCKS

Range for Previous
Year 194H

NEW

Range Since Jan. 1

Highest

Lowest

Lowest

$ per share

$ per share

YORK

STOCK

RECORD

Saturday

Monday

STOCK

Feb. 5

'•

t per share

HIGH

AND

LOW

,

EXCHANGE

Highest

(

•"

I per share

YORK

Monday, February 14, 1949

CHRONICLE

FINANCIAL

&

SALE PRICES

Tuesday

Wednesday
Feb. 9

Feb.10

Par

I per share

25

31%

31 %

*31%

Cementing__5
Printing Co
5

17 %

17%

17%

17%

the Week

Feb. 11

$ per

$ per share

$ per share

$ per share

$ per share

for

Sales

Friday

Thursday

Feb. 8

Feb. 7

Shares

share

H
31

Feb

351/4

Oct

31

Jan

4

Nov

22%

Sep

16% Feb

11

19% Jan

9

32% Feb

15 %

12 J/4

12%

Dec

16% May

Dec

.12

xl4% May

3

13% Jan

9

Jan

11% Feb

Mar

89

Jan

,73

Jan

24

Xl01%

Feb

107

Jun

105

Feb

1

Feb

271/2

Jun

.21% Feb

1501/2

Jan

148

Dec

4"%

Dec

8

2

Hanna

23% Jan

Dec

3

•24% Jan

19

20

5% Jan

14

5

65% Feb

5

.

7

Feb

11

8

Jan

14

t

6% Feb

11

9% Jan

19% Feb

Jun

59

6%

Feb

11'/2

6%

Feb

11%. Jun

Mar

3

21% Jan

26Jan

x20

4

7

•

10

20%

Oct

27% July

201/4 Jan

13

23% Feb

4

78

Jan

91

84

17

90% Feb

10

Jan

Jan

3

•35 % Feb

1

May

981/4 Jan

14

100% Feb

:

Dec
Jan

103

22V2

Nov

Jan

30
i

241/4

Nov

22 % Jan

4

25% Jan

13

34%

Dec

35%

Oct

34% Jan

6

37% Jan

Dec

22% May

131/8 Jan

4

14

Dec

57%

Apr

\

Dec

128%

Feb

124% Feb

25%

Oct

30%

Apr

9

27% Feb

114

Mar

17

Nov

1231/2 July
27% Jan

17%

Nov

28% May

78

Oct

86%

Jun

9

Dec

14%

Jan

9

46% Jan
127% Jan

22

28

Mar

37

Jun

31

Jan

25%

Jan

12% Jan

116% Jan 15

.

122

,

18

Jan

(M A)

Refrac

Hazel-Atlas

Hecht Co

•3% %
Heinz

J) Co

(H

Helme

7%

15

Hewitt-Robins

10

21% Jan

26

18% Feb

9

21% Jan

-

79% Jan

3

81% Jan

8

9% Jan

7

Feb

11

Hilton Hotels Corp
Hinde & Dauch Paper

11

Hires

•

7

3

•

6

32

3

14% Jan

Co

12%

Dec

21%

Feb

91/2

Dec

29% May
161/2 May

•22% Jan
9% Jail

4

.10% Jan

18

Hollander

151/4

Feb

30%

Jun

i,19i/4 Feb

9

22% Jan

21

22%
53/a

*5

53/a

*5

53/a

66%

*64

66%

*64

66V2

30

7

7y8

6%

63A

1,300
9,200

20 %

20 'A

2,500

7%

73/8

6%

19%

19%

19%

19%

7%

7 Va

6%

7%
7%
20%

7

7ya

25

Dec

30

Oct

24% Jan '7

18

25% Jan

26% Jan

4

(C

Holland

5%

11

E)

•

7'

203/a

2oy8

20%

*213/4
*88

90

22%

*22%

22-%-

'*22%

89%

*87

89%

*87

89 %

89

90 3/a

35%

35

*34%

35%

100%

*100

100%

100%

*34%
*iod

35%

25 %

243A

37%'

36%

24%'
36%

133/8

13%

13%

22%

22%

*34%

35%

100 3/a

100 3/a

100%*

35

*24%

25%

25%

25%

*24%

37%

*36%

37 %

36%

37%

13%

13%

13%

13 5/8

13%

25

25%

*37'A

13

*36%
13%

43 %

42%

43%

42%

*123%

125%

*123%

*43

*28

120

119

19 %

124%

27%

27%

*118

/. 119%

*18%

19%

18%

124%

28%

1193/4

18%

18%

1193/4

Furnace

18 3/a

18%

:

19%

18%

(A)

5

32

32

*30 y2

*13

14

13%

24%

24

24

24

10%

10

10

20%,

19%

193/4

9%

13%

•

23%
*10
20

25%

25%

25%

'36%

36

27

Nov

42%.' Feb

Nov

35%

99

Dec

11

Dec

18%

291/4

Dec

46V2

27

103

39% Feb 10

134% Jan / 3
26% Feb

Jun
Dec

7

29

Jan

13

Jan

3

105

Feb

Hooker

11
7

Homestake

102

112.50

Mining

.

-

*.

*27%

273/4

pfd series A $4.50 div_No par

2nd

5

104%

104%

Electrochemical

Co

*13

133A

400

*23%

23%

*23 y4

23%

2,300

*10

10%

19%

25%

i9% •i9y2

38%

393/4

27%

273A

273/8

104

1033/4

103%

*103%

104%

103 %

11

11%

11%

30'/a

30 'A

30%

3

11%

11%,,

11 />

11%

30

Feb

11

32% Jan

15

Houdaille-Hershey com
$2.25 conv preferred

No par

Jan

50

30%

31 y)y.

30%

30%

30%

26

Household Finance com

:_No par

29%

29%

29 %

Nov

34%

Jan

,•28 % Jan

17

30

Jan

Oct

94%

Jun

94

Feb

5

Mar

49

Oct

83% Jan
.43% Jan

6

38

4

48% Jan

19

Houston Light & Power—,

■35% Jan

12

Houston Oil of

33/4%

preferred

94

94

No par

46%

25

30%

29

93%

*93

46%

46

29%

?

29 %

93%
46%

46%

100

,

30%

30

29

45%

•

20%

Feb

Jun

29% Fell

7

14

Dec

23

Jun

.14% Feb

7

15

Jan

20

Howard

33

Jan

47

Jun

"40%

Feb

7

46% Jan

20

Howe Sound Co

7

Jan

17

"10

Feb

>7

113/, Jan

40% Feb

11

47% Jan

3%

38%

8%

Dec

8%

Sep
Sep

14% May

34%

Jan

50

.

Nov

Hudson

8% Jan

14

5%

2

12%

t c

v

& Manhattan

Hudson

19

Apr

9

Feb

8

11% Jan

Hunt

Foods

5

May

2

Feb

11

2"% Jan

Hupp

11% Feb

7

14%

Jun

% Jan

Jan

14

Hussman

73fc

7%

7%

42%

10

*9%

40%

$ per share

-

Lowest

S

per

YORK

'45 Va

45 %

29%

30

29%
*14%

41%

30%
15

41 y2

3,200
11,600
300

14%

*14%

42%

90

95

2,500

42

7%

*9

10%

*9%

40%

40%

40%

5,200

7%

10%
41

73/8

10%
49%

7%

x40%

1,900

28%

28%
*93%

45%

7%

7%

100

6,300
14,900

10

10

10%

10'A

10

10 %

10%

10%

10%

9%

9%

9

9%

9%

9%

9%

9%

X9

9%

3,900

2%

2%

2%

2%

2%

2%

2%

2%

2%

2%

2

2%

3,700

No par

*11%

12%

11%

*11%

12%

*12%

12%

*12%

12%

12

12%

900

10

12

LOW

STOCK

EXCHANGE

Highest

$ jjer share

1,300

*9%

Nc par

Refrigerator Co

NEW

Range Since Jan. 1

Highest

30

29%

14'%

*9%

41 %

30

93%

30%

10

42%

3,400

30%

45%

41%

7%

10

41%

'11%

42%

STOCKS

Year 1948

I per share

7%

7%
*10

11%

28%

41%

30

370

11

93%

*14%

14%,
41

40%

2,200

105

6.66%

Car,

Inc

Range for Previous
Lowest

41%

v

30

*H "1

15

40%

100

:•

Corp

Sep

143/8

42

!

46 %

14.300

27%

•

1

22%

11

15

41%

common—100

preferred

Motor

Dec

93/4 Feb

30%

*14%

Hiyison Bay Min & Sm Ltd—No par

Dec

Jun

,

1
5

Corp

non-cum

Dec

12%
10%

Texas

Stores

30%.

"93

93

46%

,

\.

500

11%

•11

29

28%

: :

93%

>

1,700

39%"

38%

27%

Jun

••

"

'•

38%

27%

11

81

25%

25 Va

25%

*25

100

.10%

*10

;

19%

"37%

12% Jan

3?0

32

13%

27

10% Jan

3,400

9Va

9

31%

31

1033/4

v: 104%

*104

3,300

13%

19%

-*25

25%

100

19

84

31

*26%

•;

110

18%

18%
*82 %

9 Va

900

27%
118

*18%

'••

10

124

27%

~

291/s
24%

7,000

10%

19%

37 VA""'

'

42%

24

*10

25%

36%

26%

•

3b"/8

25%

36

30

9%

..:•/. 9%

9%

*30%

14

203A

20%

•

:. 9%

9%
32

••10%

*10

•

10

preferred

conv

24

24

5

& Sons

9%
*13

1,700

118

19

84

230

13%

41%

19%

18%

37

*123

27%

*82%

84

*82%

84

*82%

84

*30%

32

13%

13%

-

*82%

9%

9%
*30%

10

Co

84

500

24%

36 'A

*13%

119 '

119

•

*18% *19%

19%

*18%

193/4

18%

*118

•27%

190

24%
*

124 "

*123

700

100%

*100

100'A

50

35%

35%

43

43

125%

28

29

29

28%

44

43

43%

*123% •125%

100

23

*87

*82%

—1

"

23

*22%

5
Co

'

20%

89%

100

The

'..•".

7%

6%

"

*

23%

*993/4

500

22

213A

22%

*22

153

*148

66%

7%

1

Holly Sugar Corp

,

'

*5

7

*19

Ine

22

*64

7%

*119

preferred

cum

2,300

153

■

<3%%

21 y2

53/a

73/8

par

Heyden Chemical Corp—

30

V.21%

66%

73/8

*35

110

106%

*5

65%

5

19 % Feb
s

22

*148

*87

100 s

No

600

*104%

106%

*22%

No par

$4 conv preference

113/4
74

*73

*64

19%

HCrcules Powder common—No par

5%- preferred

600

.

74

*106

22%

*22

22%

12%

11%

11%

4,000

5%

*64

7%

new—251
No par

Hershey Chocolate com—,

'

153

*148

153

*22

22%

*4%

53/a

*7'A

10

new

''

*148

151

65%
•

25

Motors

106

22%

223/4

x22 %

223A

22%

16%

12 3/a

12%

11%
*73

300

33

.

16%

"

100

preferred

non-cum

Hercules

i

'

106

106%

*106

107

*22

15

common

74

23

1100

preferred
(G W)
common

11%

73%

*106

23

*4%

5

3.65%

113A

74%

*22

1 •;

common

11%

74%

*32%

17'/a

12%

11%

74%

*147

100

preferred-.^

•

13

*12%

12%

11%

151

1

Co

12%

123/4

74%

107

33./

17V4

12%

74%

*22%

2

Glass

32%;

17 %

17

*11%

12%

*147

•

10

.

32%

17%

-*32%
16%

33

*31%

33

"

100

Mfg Corp

Hayes

•; 12

"106

com__No par
:

'

12

74%

Co $4.25 pfd__No par

Hayes Industries Inc

27

29% Jan

.

Jan

I

7

11

41% Feb 11

41%
120%

Jan

12%

100

preferred
;
Hart Schaffner & Marx-c,
Hat Corp of- Amer class A
4%% preferred

28

131/4

preferred

'6%

8

29%
951/2

Jun

42

Ft

conv

Harbison-Walk

13

/ Feb

149

Jan

Jan

(W

■4%

4% Jan

20% Jan

Jun

79

Hall

Well

Hamilton Watch Co com—No par

7
6

61

341/4 May

201/8

Oil

106% Feb

14

Jan

Water

Halliburton

Jail

81

11

146V2 July

Hackensack

7

26

•12% Jan

79

2iy2

-•

Feb. 5

/

share

Par

AND

SALE

$ per share

Feb. J)

Sales

Friday

Thursday

S per

S per share

for

the Week

Feb. 11

Feb. 10

,

$ per share

$ per share

>•

93/4

10%

PRICES

Wednesday

Feb. 8

Feb. 7

t per share

HIGH

T«esday

Monday

Saturday

-

10

Shares

share

I
Jun

32 % Jan

28

35

7

Idaho

27% Mar

42% July

23% Feb

10

30% Jan

7

Illinois Central

62%

90/

July

81

Feb

2

84

Jan

7

973/4 May
37 % July

96

Jan

4

96

Jan

4

21

Feb

28% Jan

21

30

May

2534, Jan

28% Feb

4

Illinois

Jun

9 % Feb

10% Jan

7

Illinois Terminal RR

30 %

Apr
Feb

95

Sep

243/4

Jan

26% Aug

9%

Feb

35%

,

12%

: 20%

Nov

25%

Jun

7%

Nov

15 3/4

Jan

38%

Dec

56

Jun

58%

Nov

76%

21% Jan

Jan

23% Jan

27

Jan

8% Jan

10

37% Jan

41% Jan

7

8

61% Jan

21% May

15% Feb

11

18% Jan

6%

Feb

8% May

"13

Dec

23% May

86

Dec

1%

11%

Dec

Feb

8% Feb

13% Jan

4

15% Jan

26

Jan

86% Jan

11

92% Jan

1% Jan

4

2% Jan

8

12:

7

Interlake

164%' Jan

3

170% Jan

20

9%

Jun

5% Feb

7

7% Jan

24

Nov

23%

Feb

38%

Jun

25

71

Dec

93

Jun»

17
3

34% Oct

29% Feb

11

31% Jari

.1

139% July
643/s Jun

137 % Jan

3

8

7

53% Jau

7

International

24

45

Jan

80

Feb

5

10

143

Feb

*9%

9%

9%

8

*155

_100

4%

Int'l Nickel of

;

Feb

99

July

94

Jan

5

95% Jan

Dec

14

May

6

Jan

6

7% Feb

B

Jan

66% Jan

4

71

Feb

9

Jun

57.

31

60

Jan

4

International

i$4

Co

8%

13%

*14

14% V

13%

14

89%

90

*89

90

89

89

*1%

2

90%

*90

90%

*1%

1%

2

1%

.

12%

12%

125A

155%

156%

25 %

255/8

169%

167%

168

5%

5

169

168%

25%

25%

26

80

80

1

43/8
142%

142%

46'A

4'A

30%
473/8

100-..
'

No par.

*95

26

81%

*76

4%

30%

6

5%

6

144

45

97<

2934

*95

47

96%

6'A

5%

25%

25%

*76

•■;■;

700

13 4

4 900

2,100

25'A

18.700
660

169

25

5%

4,400

25%

5%

3,600
100

80

*76

80

140

89

4%

43a

43/8

4'A

4»A

1,200

29%

29%

29%

29%

29%

29%

24,200

143

143

96%

*143

143

46%

46 y4

*95

81

1,100
1.200

4%

30

45%

25%

25%
*76

8'A

150%

25

169

169

6.700

16

12%:

150

5%

43/a

142

1%
12

12%

1683/4

6

81

*88%

25%

25

7.3 JO

'"38%

14 y8

14

150

168%

25%

30%

150

25 aA

5%

"4%

153

i

1%

167%

168

25'A

12 Va

25%

25%

*76

1%

12%

12'A
152

154

5%

4%

30

*142%

12%
152

2

*1%

12%

25%

preferred

8'A

13%

25%

15

£%

8%

157%

com-

8%

13%

12%

1.

Paper

8%

8%

com—No par

Canada

15%

133/4

8%
14

25%

:

16%

8%

*90

—100

37%

16%

8%

8%

160

*155

16%

16'/8

155%

com

400

16 %

16 %

900

4,300

62%.

38

16%

2,100

38%

*61%

63
160

16 %

1.700

8

8

37%

17

No par

Corp

*61%
*155

400

11,000

9%

3 8'A

'

38

x37%

No par

Chemical

&

63
160

38 3 4

_No par.

.

*61
*155

38%

13%

100

common

Mining

62

160

1

39%

16%

No par

preferred

International

62

*155

38%

1

l_.

62

160

39%

5

Rubber

62

*155

23

18 'A
39'/a

36,400

23%

23 y4

9%

23 >A

*7%
38%

38 5/8

20

common

63
160

*60%

No par

23%

8

38%

39%

23 %

9%

39

8

8

39

23 'A

23'/a

23%

*73/4

8

39%

39%

39%

23 %

23%

8

8%

39

9%

22%

23%

8%

S A

—No par

Preferred

Feb

Jan

86

93/8

.

Machine

Minerals

11

3% Jan

42% Mar

29

%; 43/4 Jan

Int'l

Feb

73 % Jan

5% May

135

27%

9%

preferred
i
100
Int'l Hydro-Electric Sys class A—25

24% Mar

;

23%
27%

7%

3 % Mar

.

28

23%

27%

1

Mex,

Iron__

Jun

162

21%

27%

*95

23,

common

Harvester

5

98

21

28

98

23

27%

1

Corp
preferred-

Business

25'

*95

22

27%

*95

24
28

Co

De

Interchemical

Int'l

174%

5%

13% Jan

Feb'11

xl45% Jan

98

22

98

*22%

Ctfs Inc___.

Int'l

Dec

*95

*95

25

Rayon

7

Oct

160

Electrica

25

Jun

98

98

*22%

Industria

Jan

x34%

79

24

Indianapolis Power & Light—No par
Industrial

28% Jan

Dec

*78

*95

9%

10

Feb

26%

79%

1000

27 %

Feb

156

125%

25%

*78%

*78%

9%

4%%

34%

23 %

79%

80

27%

Intercontinental

33%

25%

*78

A

1,300

34

34

25

25 %

80

.—No par

*33%

33%

33%

24%

*77

93/8

25

33/4 May
163/a May

33%

25%

81

27%

Insuranshares

3

24

26%

*78

Inspiration Consol Copper

Jan

103

series

Inland Steel Co

.

33%

33%

33%

25

A„100
—100

ser

5

Ingersoll-Rand
6% preferred

Feb

8

common_100

pfd

Co

3

15%

155

Co

4%

ctfs

Power

8

3

Jun

lines

stock

11

36% Jan

Jun

RR

Jan

155

Nov

160

Leased

*33%

20

RR

conv

Jan

67

11

47%

Feb

Co

non-cum

41% Jan

17

Jan

34% Mar

150

Power

6%

*95

47

46%
*95

96%

45%

47 %

11,700

46%
97 %

*96

96%

100

143

143

144%

*

„■

5%
65

Dec

52%

1:

Jan

39%

Nov

43

Mar

30

Mar

107%
64

Jan

45

41

Mar

Jan

27

Jan

13

International Silver common.*.

Nov

16 %

Jun

8% Jan

3

10% Jan

28

8%

Nov

16%

Jun

8% Jan

3

10% Jan

26% May

19% Jan

4

20% Jan

20

22 3/s Mar

35%

24

3

29

Feb

1

29

Nov

137%

Jan

4

Jun

393/4 May
145

May

Dec

10

Dec

23 %

Dec

92%

39%

Feb

48

89%

Oct

99

33% Sep
190%

Feb

3% Feb

$6

8

Jacobs

5% Jan

5
9

18% Jan

24

Jan

83% Jan

13

May

44

Jan

24

46% Jan

6

May

95% Jan

17

>97% Jan

24

36%

42%

Jun

Feb

11

40% Jan

7

113%

Jun

108

Jan

27

110 '/a Jan

-31%

Jan

28

36

Jan

'7

1021% Jan

3

103

Jan

,11

Feb

35

Oct

106

'May

Jan

158

Oct

3

29% Jan

33 % Jan

7

33% Feb

93%

Apr

83% Feb

1

86

Jan

3

30%

43%

Jun

36

Feb

7

39% Jan

7

May

11

Feb

10

Nov

L)

33/4%

41%

8%
9

41 "A

42

*

53

51 %

34

*32%

415/8
52
34

6%

70%

70%

*56%

58%

*56%

41%

41%

50

49%

50

*50

53

34

*32%

34

*32%

34

Co

Inc

4%

3%
15

■

9'/a

9%

9

9

9

9

9%

93/8

19%

*19 3!,

20%

*26%

27 '

27

preferred

28

*143

*82

Corp com
preferred-:

3%

84

.*45

46

No par
100

*96%
•;

stamped
100
Laughlin Steel com__No par
5 % preferred series A
100

33

*102%
*153

Jones &

Co

3734

*108%

96%
37%
*108%

33

32%

104

*102%

160

30%

83%
37

11%

■

45%

38%

29%

1

4

15

*82

97

111

11%

28%
148

*14%

4

15 %

pfd—100
—100

Manufacturing

29%

*153
°

84

45%
96%
38%
111

32%
104
160

.27%
*143

4

28%

28

*143

148

,

4

*14%

4

;>82

84

84

46

46

45%

45

%

,.4534

45%

96%

96%

96%

96%

*96%

97%

37%
*107%
*31

*102'A
*153

;•

."

.

37%

37%

100

110

31%

313/4

373/4

37%

33

104

*102%

160

160

84 y4

8 4'A

36%

30%;
*84

36y4

/-

:

*45

96%

36%

109%

32

104

*153

*1083/8

.

32

32

102%

102%, 102y2
*153

30%

*153

160

29%

84%

84

84 ;•

36%

36

29%

301/4
36 y2

/..>

'

83

37%

109%

109

900

19 'A

100

27

1,800

283/4
148

*14%

15

*82%

36

36

28%
*143

4

14%
82

36%

84

37%

4

1,500

19'A

29%

14%

84%

84%

4%'

9'A

*26%

148

82

30'/a

30 3/8

29
*143

15

*14%

29%

293A

4

'

—

58,300

'

9 S/8

28%
148

;

9%'

9

19%

27

'

1,300

9

9%

9

No par

com

9%

8%
19 %

1

9%

9%

*26%

No par

,41%

8%

27

i

41%

9%

149%

240

300

1,700

41%

*32%

20

*28%

41%

x50

1934

*146

1,700

I

71
58

34

*26%

1

6%

*70 y2
*56

53

27

50c

6%

7

70%
57

41%

20

A

63/4

70%
■*.' 57

58%

53

27

common

6%
71

41%

*32%

20

common—_12%
•4%- 2nd preferred series A_,—100-

'

58%

52

Johnson & Johnson

Joy

58

7%

70%

No par

Johns Manville

3%%

59

7%

No par*

Jersey Cent Pwr & Lt
Jewel Tea Co

70

*33

Joliet & Chicago RR

Jun

39%

Stores

preferred

(F

69

25

No par

Jaeger Machine Co—

12

Dec

ctfs

Island Creek Coal

2

3

share

Dept
Intertype Corp

21

Jan

#

—No par

69%

25

Interstate

Jan

32

14% Feb

20 3/4

29% Mar

6

Foreign

148 "■ * Feb

8

' Jan

146

81

Jun

99

•145

27% Feb

May

5/a

18

7&%

Jan

Shoe

preferred

7%

*56

International Telep & Teleg—No par

31

17% Mar

,

7%

Jan 27

6%

6%

*68

-No par

Jan

•8 3/4

„

Salt-

International

34

4

6%

preferredL^/-Ui%i^j4-^,--100

57%

10

Jan

32

5%

44

3

493/4 Feb

653/4 July
35

Jan

Int'l Rys of Cent Amer>com—No par

3.800

4

500

14%
83%

100

46

600

9OV2

100

37'A

11,400

111

300

32

1,300
190

102%
160

12,300

30

250

84% ! 84%

>
A:

36Va

5,800

37

K
"

11% Dec

21

12% Jan / 8

Kalamazoo Stove & Furniture
Kansas

;

x89

.Nov

98

May

94% Jan

12

993/4 Feb

,9

98 %

Dec

101%

Dec

100% Feb

11

102

23%

Feb

48%

Oct

34% Feb

11

40% Jan "21
"56
Jan 24

48% Mar

60 %

Jun

52

Jan

13%

Dec

18

May

Feb

26% July
22% July

19% Feb

.3

1334 Feb

20%
15%
For

Dfec

footnote#

see

page




14% Feb
24.

Jan

14

■

3.80%
4%

100

preferred-:

100

City Southern

com__No par

non-cum

'

14% Jan

7

Kayser

8

21% Jan

8

Kelsey Hayes Wheel

7

17% Jan

7

Class

(Julius)

preferred

1
.

10

B

&

*11%%

*11

11

11%

*10%

11

11%

113/a

99

*98 3/4

99%

9934

993/4

X98 %

98%

102

*101%

102%

*101%

102%

5-100%

101%

36

35%

35%

11%

500

11

Lt Co—

preferred'

cum

Kansas

"4%.

City Rower &

Co
conv

100
5

class A_1
1

*98% ^ 99%
*101%
35

*55%

102

36 %

>55%

14

14

20%

20%

15%

15%

99

*101%
35

55%
*13%
20

14%

55 Va

*54

36%

35%

55

*54

36%

100%
•'

34%

35'A

54

55 V

14

14

19%

19%

14%

14 %

7

14

*19%
*14%

'

14

20%
15

V

*1334

•*19%

14%

14

20%

14%

'

1
/

310

98%
100%
54 V4

13%

13%

1

14

20%
15 y2

36

*54%

55

98%

10
-*

.

8,80)

'

500
600

*1914 ' 2oy8

400

15 y4

1,600

*15

Volume

169

Number 4777

THE

COMMERCIAL

NEW
Range for Previous

42%

60%

Nov
Dec 1

19

Feb

92

Oct *

11%

v

share,

46% Feb

NEW

Highest

11

56% Jan

8

46% Jan

39% Feb 4

12

7,

k. 13% Jan

7

22% Jan

11

97% Jan

11

104% JUjy

93 Va Jan

5

v

4

'Vf';i2% Jan

x63% Feb,
8
29% Jan ' 3

66 V4 Feb

4

31% Jan

7

144/2

Jun

75

Jan

37%

Oct

1^%. Jan.'

95 % JUly
J,un

; Feb::

■

!

24:<

Jah

5

98 ■;,Jan

26

36%, Jan

7

38% Jan

20

49 % Feb

11

55% Jan

20

3

48% Jan

25

91

39%

STOCK

!-/"

Kennecott Copper

Feb

40%

NOV

58 '/a'

X

49

July
Oct

43

Jan

4%

6% May
1 •>

Dec
Dec

42

257/a

Mar

17% Jan

Jan

21

20% Jan
11% Jan

26

44% Jan

37

Jan

26% Jan

19

20% Feb

40% Feb

7

May

Dec

26% May

90

Dec

99

Jun

10

Feb

13% May

30% Mar

8%

Feb

10.

22% Jan

90% Jan

20

92

10%. Feb

Dec

39

4 V2 Mar

24

8

37

46%

48%

47'A

48

47%

48%

46%

39%

40'A

41

41%

41%

■>12

12 %

12

12

11%

11%

Kimberly-Clark

11%

*11%

No par

20%

20'/a

11%
19%

20 %

19%

4%

Corp

com

2nd nreferred

conv

Kinney • vjt K; Co common
$5 prior preferred—
Koppers Co Inc common
* a,
prexerred —v„
Kresge (S S) Co
Kress (S H) & Co

Laclede
La

Gas

Co

Lane-Wells

31

40% Jan

24

11

5% Jan

7

11
11
8

8% Jan

12

50c

41%

Feb

56

May

42% Feb

8

47% Jan

22

Lehman

8%

Dec

12

May

8% Jan

3

10

20

Jan

8

24% Jan

12

3

Jan

$3

—!

26% Jun
56% Jun

Nov

10%

31% Mar

20% Jan

3

23

Jah 24

44% Jan

4

50

Feb

Nov

Jan

38%

Oct

8

Jan

x84

Feb

11

91

Mar

Apr
Jan

34 % Jan

Nov

7

35% Feb

3

10

88% Jan

22

Feb

11

174% Jan

25

36

Feb

11

40% Jan

25

May

13%

8% Jan

171

174% Mar
47

4

1

Jun

Sons

Co

*43 %

24%
*40'A

20'A

*20'A

20%

94

*92%

94

*-.

f

r

21

4%
X

1

,

63% Jan

5

67% Jan

21

Lone

Star

Cement

30% July

Corp

No par

19% Feb

7

23

Jan

20

Long

Bell

Lumber

iMdi

21%

19% Jan

3

20% Jan

20

Lorillard

20

Feb

91

Dec

35% May
98% July

17

Nov

24%

8

24

Jan

24

21% Feb
95

Jan

14

96

Jan

10

16% Feb

Jan

8

20

Jan

26

1

41%%

37%

*36

8%

20

24

1,400

40%

203/e

*19%

*92Va

(M)

46%

94

series

10 3A

3,800

37%

38

371/2

373A

2,600

4%

43/4

9

;

5,500

7%

7 7/8

42 %

43

2,300

8%

9

1,400

41/2

21/4
22

43

9

-jg

2,900

2 »/4

21%

43%

7%

4%

2 Va

21%

7%

2%

21%

7%

9

21

21%

2lV

21%

2,100

46

463/4

46 %

47

3,800

8

8

8 Va

35%

35

35 Va

*351/4

36

87

85%

85%,

x84

84%

14%

*75

.

41%

14%

41%

41

41%

14%

14%

78

*73Va

17

16%

14%

14 %

14%

14%'

14%

14%

14%

14%

14%

63%

64Va

63%

64

65

65%

64

643/4

20'%

19%

20%

19%

20

19%

19%

20,

20%

20'%

20

201/4

20

20

20%

20 Va

20 Va

156

*155

156

16%

16%

*154%

156%

24'%

24'%

24%

24%

24%

38'%

371/4

38'A

37%

38

com—1

21'%

16%

24%

38'%

22'%

21%

96'%

17

156

*95

17

.

16%

21%

21%

156

156

3,900

14%

13,500

641/4

64'A

1,700

20

20

20

1,800

20%

20

20'A

2,900

1541%

154%

*154%

24%

*24'/a

241/2

*241/8

37%

37 Vb

37V4

213/4

221/4

22

22%

95

95

17%

18%

2,000
•

143/a

37%

16%

7,900

78

16%

*241/4

21%

16%

17

16%

16%

96 Va

*95

96%

Va

1,600

15

413/4

64

16%

10,300

*14%

14%

16%

700

8%
593A

*74

20

16%

36

81/2

15%

*74

3,100
X 320

593/4

V

61%

41%

1,200

79

15%

79

7,400

172

36

83/4

*60

8 Va

171

38

8%

9%
62

8

173

*36'/4

37

,

61

403/4

14%
*74

*172

173'

8%

62

40

14%
76

861

83A

62

41%

8

64

*95

800

46%.

i,

100

1,000

47

*35

^..50

A

-

~

10%

16Vb

Lukeng: Steel Co

600

103/4

21%

8VB

8%

62

"

40%

14%
76

8

No par

& Sons Inc

900

20

94

10

Nashville

.44

21%'

21%
46 3A

8%

8%
62

42%

14%

44

24

•

common

Gas & Elec Co (Ky)

pfd

21%

8%

173

62'%

*75

300

40%

.100

Co

preferred'

Lowenstein

8

173%

42

100

No par

&

8.'/a

3%

A_._No par

1%

47

61%

r

No par

com

preferred

Inc

Lousville

22

46%

37

10'A

10%

43%

37

Lockheed Aircraft Corp.

Louisville

21%

47'%

173
;

1,600

XIO'A

,

-21%

39

Loew's

3

9

*36

7

11

9 Va

20%

2%

43

9

100

19

•

24%

*92V2

4%

.7%

39

7

31

42%

9V4

8

No par

15% Jan

Feb

7 5/b

423A

44

47

5
—No par

3

41% Jan

7%

7%

6

*18

41

24

*40%

22%

"172

14 % Jan

24% Jan

18,900

53A
*5 3/4

6

37%

4%

173

16% Feb

156

53A

6

10%

*22'

173

20% May
68% Jun

4

3,600

44

'2%

2 3/a

22%

173

Dec

11

43A

2'A
22%

86

par

Corp

Liquid Carbonic Corp

'

*

21%

45/b

2%
22 %r

35

14%

28

4%

21/4
22%

86

7

Feb

2%
23%

35

27

Jan

4%

4%

*2%
*22'%

86%

Jan

37

3,400

*43%

20%

37%

35

18% Jan

23% Jan

37 Va

841/4

Jan

153

373/B

35

17

Jun

37%

85

78

Nov

37%

35

7

May

37%

84%

5

50

3.100

36%

10%

94

*92'%
10%

35 %'

4

25

103/4

.

14% Feb

158

10%

t

75% Feb

Dec

10%

5
25

Jan

Nov

36%
51 Va

45Va

*10 %

41

20%

10%

>'

Jun

37

20%
*92

10%

37'%

t

Jun

23

94

7

Co_J

(P)

250

18%

18

243i

10%

No par

23%

Sep

21

*92

;

_No par

24%

Feb

6,000

44

44

*43%,

24%

85

Nov

44

40'A

Jan

18

97

49%

10%

*10%

24 3A

Dec

138

*43 Va

-*5%

19

19

40'A

Dec

Feb

80

293/4

97

52%

5%

6'/8

*5%

24%

13%

Nov

29%
c

443/8

44

5%.

5%

'/a

40%

1

Co

conv

6

24'/a

15%

57%

44

5%

40

100

Lima-Hamilton

5%
*5%

241/2

68 %

Xl8

X51%

40%

50

preferred

3'%%

53 %
45

*39

preferred—No par
2nd pfd
No par"

Lily Tulip Cup Corp.,.—No

Oil

363/4

53 J/4
45

*24

3

com

Liggett & Myers Tobacco com!

Eelt

36%

53%

1

1st

•

Lion

36%

37

45

*43%

'*

Link

7

97%
363/4

5

—

Stores Corp..
i
Libbey Owens Ford Glass
Libby
McNeill
&
Libby
Life Savers Corp—

10

30 %

97%

53

44

50

£

Tire

Lerner

22

363/4

5%

9%

10% Jan

29%

971/a

44%

10%

9%

46% Jan

30 %

30
100

':X

'

10%

*9%
'-i*
''

66% Jan

30

*97

10%

5

7

97

10%

*10%

Lehn & Fink Products

11

Feb

29%

96 <Y

11

No par

43%

8% Feb

29%

19

44'%

59% Feb

64

19

44'%

40

Jun

I23/8

*62%

5%

5%

7%

55%

*12

64

37%

5%

gi/4

70% May

12%

*62%

19%

5%

"—*7%

28%

*12

64

54 J/4

1

7%

12

*62 Va

■'46X.X

(The)

55 % Mar

Feb

36%

53%

44%

1,500

1,900

!X
X,

97

*12

19

Corp

*96

97

.

12%

6Vb

non-cum

20

633/4

19%

&

19%

4,100

12

12%

51/2

Co

12

X633A

#5%

^

Dec

37%

54

23,600

40 3A

19%

*96

Shares

47Ve

12

"

47

46

97 J/a

*96

191/4

non-cum

'-?•

Feb

37
""53 %
.

97%

46%
X40

'
Co

Lehigh Valley RR_„,
Lehigh Valley Coal com

2 Va Feb

8%

96 Va

-

4

&

(James)

7% Feb

33

.30'/a

95%

:

3.85% cumulative preferred—_100
Lehigh Coal & Navigation Co
10
Lehigh
Portland
Cement
25

21% Feb

82

29 Va

96

Lees

4% July

157

30%

6

26% July.
10% May

"

65

96

*96

12%

*64

2

Jan

16%

"*12

66

10

Jan

43%

13

65

6%

Rubber

97%

30

—10

Bryant common
41/2% preferred

Lee

20%

97%

*12.XX

X.

20 Vb

pfd—75 Pesos Mex
(The)
_No par

Consolid

19% Mar
k7/8

1

20 %

97%

10

.—No par
No par

..

Light

20 %
*96

No par

—100

,

Kroger Co (The)

V

_100

the Week

f per share

42'/4

No par

Sales for

Feb, 11

473/4

40%

Feb

Jan

Friday

Feb. 10

I per share

$ per share

40 Vb

11% Jan

4% Feb

Jun

1 per share

49 %

24

47

Aug
Mar

Jan
Jan

t per share

Thursday

Feb. 9

•

41

c

19'

PRICES

Wednesday

40

Lane

10

8ALK

47 Va

Lambert

43

HIGH

Feb. 8

5

County

21

53% May
29% May

21%

1%

6

2

.

14 % May

Oct

35

6'/b Feb

■."•'5

,;k.

24

9% Mar

4% Jan

AND

Tuesday

Feb. 7 ••

Land Co
Keystone Steel & Wire Co

Kern

,

Feb

•*Monday

%

$ per share

No par

,

L
4%
17

Par

(715)

RECORD
LOW

Saturday

,

CHRONICLE

v.-

X.x;;Xv/xv'XFeb. r>

,

'/ 45%

STOCK
?v.

;

13.

8

19% Feb

Feb

YORK

-tper share1

11% Feb

;

YORK

v/xexchange

Oct

Nov

89

per

+';}

May

24

Dec

32.

if

Apr

16%

t

Mar

63

294/4

Lowest

Oct

X 51

12 %

Range Since Jan. 1

Xv/X'

I per share

Feb

40 Va

:

Highest

I per share

FINANCIAL

STOCKS

Year 1948

Lowest

&

*93 '/a

19

400

371/4

3,000

21%

*93 Va

'

80

24%

21%,

95

I8V4

156

37

3,200

95

30

18%!

18%

2,300

M
x351/4

Dec

40

Jan

33

Feb

10

129

Oct

142

Feb

13

% Feb

11

Jun

131

Jan

10

3OV4 Feb

11

133/B

Dec

27%

30% Mar

39% May

36% Jan
137

3

Feb

4

15% Jan
333/8 Jan

»

10
6

943/b

Dec

103%

Jun

95% Jan

99

Feb

7

10

.

Nov

153/a

Apr

10'A Jan

3

13

Jan

22

Feb

24 '/B

10 % Feb

11

20

X163/b

Feb

6%
/

?1

Dec

Poo

9%
49°

52*

Ann

Nov

7

15%
5%

Feb

15

Dec

91/4

11%
18

Feb

xl65

6% Jan

13

6% Jan

6

17'A Jan

20

16 Vb Jan

Sep

7
5

9'A Feb,

Jan

693/4 July

Jan

7

102V2 Feb

9

Manhattan

Maracaibo

Market

St

7

Martin

7

57% Jan

7

Masonite

19% Jan

7

Master

4

42

Feb

2

Mathieson

171

Jan

22

Jan

22

5

401/2 Jan

25

7%

Jun

89

Jan

4

93'A Feb

1

93

Jun

89

Jan

11

93 Vb Feb

5

77%

Aug

85

Jan

81.% Feb

7

83% Jan

7

$3.40

83/4

Dec

12% May

8'/2 Feb

9% Jan

7

Maytag

35V2 Jan

11

33

Dec

Apr

21

Dec

43%

Jan

32% Feb

Jan

112

110

4

5

111

Jan

5

20%'Feb

41% Jan

Jan

21

25

Jan

10

$3.75

$3

1st

McCall

30%

303/4

30j/4

99 Va

*98 3/a

99Va

*11%

11%

*10 3/a

113A

;■ 17%

17%

17%

17%

17%

16%

*480

15%
530

15%
*470

15%

100

163/4

2,400

15%

•

14%

15%

*470

520

*470

15%

143/4

520

•

*450

11,500
"

500

■■

'

'

8%

>7%

17%

17%

17%

15%

520

17%

7%

7

8

17%

7

*7%

17%

6%

<

8

17%

6%

17%

6%

8

*7V4
*17, :

6%
8

*71/4
*17

1,600

<

17%

400

6%

7Va

6 V2

6%

6%

6 V2

61/4

63/a

6V4

6V2

5,300

19%

19%

19%

19%

Xl9 %

19%

19%

19%

19 Vt

19'A

19%

19 3/a

6%

6%

6%

1,000

7

7

6%

6%

6%

6%

6 3/4

6%

6%

6%

17'%
?

17'%

17Va

17%

17 Va

17%

17%

17

17Va

*16%

22%

21%

22'/a

21%

21%

21%

22

21%

21%

213/4

102'%

*101%

IO2V2

*101%

102%

102%

eiOl'%

100

9'%

12

-

15%

.

9%

9%

12

50'%

:_1

11%

50%

y 78

9%
12

50%

50

*17

102%

9%

9%

*11 Va

11%

50

50

9%

11%

*11

*102%

93/8

9%

3,000

lO'/a

10%

1,800

*49V8

50

48%

48%

473A

48

15%

16

15%

16

15%

16

15

153/4

40

40%

41

42

41

42

40%

40 3A

*170

173

*170

173

40

39%

40 Va

39%

39%

38%

40

393/4

93 Va
92'%

93'%
93'%

92%

92%

92%

92%

*92%

93%

92%

*91%

92%

*91%

93

*91%

93

82%

81%

82'%

82

*80%

82 hX

*170

*170

173

No par

9

No par

*32%

preference——No par
No par

110%

110%

*110%

110%

21%

21%

21%

21%

—

100

93/4
11%

16Va

40

*82

3,070

103

41%

5

41'%
173

7,700
3,400

15%

*170

No per

*1021/2

63A
17

213/4

40

15%

100

_No par
1947 series—No par

103

9V» x
11

41

common—

17%

22

100

No par

pfd

Corp

17

2,600
.

'

15Va

16
530

*7%

1

common.

cum

9,700

30%

*98%

12 V2

8%

No par

preferred

$6

30%
99 '/a

*7%

Co

pfd

cum

Co

30%
*98%

7Va

No par

Chemical

cum

300

XX

13%

*11 Va

7%

Co

May Dept Stores
$3.75 preferred

93

Feb

33%
140

13 Va

12%

7 Va

No par

Corp
preferred——

84

110

pfd

com

Corp

Electric

841/4 Mar

11'

L)

*321/4
*135

13%

99'/a

7'%

1

Martin-Parry Corp

(Glenn

33
140

13V4

6.25

_i

11 'A Jan

31%

33
*135

13%

5

prior

Co

13% Jan

11

31

34%
140

13%

*11 Va

7'%

Corp

6%
&

*33V4
*135

13%.

*98%
;
Sfr

5

7

11

*480

100

1

preferred

Feb

383/a Jan

Apr

Ry

Field

41/4%

50

Shirt

Midland

Marshall

15 %

1

Co

32

*98%

13%

No par

Marine

15

171

(The):
RR

Co

Oil Exploration
Corp

Marathon

37% Jan

Jan

473/4

24

19

47% Feb

Oct

176

35% Mar

;

17%

11

10'A Feb

27%, May
45

5

21% Feb
95% Jan

Jun
not"

Nov

xl7 %

32

100

Bros

May

193/4

•"

18

Mandel

7

17 3/a

Dec

27V4

18

12

29% May

Dec

Copper 1™JX———^10

Magma

8% Jan

10

99

11%

3

8% Jan

31%

*11 Vb

71/4 Jan

173/4 Jan

311/4
99

12

Co

211/2 Jan

34

140

13%

*11

Coal

10

34

*135

13%

No par

Sugar

10

35

140

14'%

No par

Magna vox

25

35

*135

13 %

com

Manati

6'A Feb

103 V2

Feb

Co Inc

Mahoninsr

16'% Jan

36
140

5

series A—
Square Garden

20

19 '/a Jan

*35

*135

■

100

pfd

1?

Jan

Nov

47%

(R H)

41%%
Madison

Jon

50"

Jun

8

Dec

Macy

7% Jan

10

14%

Feb

22%

3

10

com

Inc

10

.T-r

26

Dec

92%

193A Jan

Trucks

6% Feb

500

25 V4 May

18% Mar

6%

10

10

Forbes

preferred

Mack

Jun

133/8

Dec

14.3/4 Feb

Jan

6%

&

Sep

10 3/4

Dec

6

MacAndrews

9

X ,9

33

33

82
9

9'/4,
33

173

9

*32%
110%

*32%
*110

110%

*21

21%

91%
*80%

9'/a

9

33:

.

33

111%

21%

21%

9

*32%
*110

*21%

*170

•40

173

1,200
5,000

7,800
Lii-i

'

*38%

39Va

92%

*91

92%

130

91%

X92%

92%

230

82

*791%

81%

9%

8 Va

33

*32'/a

111%

*110

213/4

20%

3,700

10
•

8%

2,100

33

100

111%

40

21%

800
'

.".V/*V '

Range for Previous

STOCKS

Year 1948

Range Since Jan. 1
Lowest
Highest

Lowest

Highest

I per share

t per share

.,25

I per share

Jan

31

4

96

Jan

31

29

36

Jan

7

McGraw

25 V4 Jan

261/2 Jan

7

McGraw-Hill

41% Jan

31

33

3

3;

41

Dec

May
52% May

29%

Dec

35 % May

30V4 Jan

4

87

Jan

98%

93% Jan

12

Jun

.3

18%

Feb

24%

Jun

19% Feb

15%

Dec

24%

Jan

48

23% May

11

17 J/8 Jan

3

19
8

Dec

46 % May

32 V4 Jan

Dec

25

20 % Jan

Dec

47

Dec

19% May
62 Va May

12%

Jan

18%

Jun

4

34

Feb

,

11

Jan

12

3

13% Jan
49

13% Jan ■viT;

.Tun

Jan

21% Feb

.3

11V4 Jan V,.'. 3; '■
45

8

Jan

22

14% Jan

20

3

8% Jan

20

3

61 % Feb

Jan

3

92'% Jan

19

21% Feb

8

23% Jan

20

8%

Nov

50% May

8V» Jan

44%

Feb

56% Jan

85%

Nov

63% July
95% Jun'

17%

Feb

27%

Jun

44%

90

>

96

95

95

95%

95%

*95'/a

*33

34

*33

34

34

34Va

34%

34%

34

34

700

26

26

*25V2

26

26

26

26

26

26

26

25%

25%

600

46

46%

45

46

46

46

46

46>/2

33

33

323/a

32%

32 5/8

32%

33

33

331/4

331/4

97

96

96

*96

97

961/4

96V4

20

20

20

193A

19%

17

*16'A

Publishing
Porcupine Mines

2

2nd

pfd

Shoe

Mengel Co
5% conv
Mercantile
Merch
Merck

&

$3.50

Co

Inc

26

Mesta

23

Metropolitan

106% Jan

128

Dec

140

Nov

16

May

9Va Mar

42VB

Nov

87

Nov

54% Mar
Oct

98%

10% Mar
109

Prod

9% Feb

12

Jan

12

ADr

43% Feb

10

47

Jan

6

98

24

25

Oct
Jun

5

21

72

Feb

11

4

105

Jan

13

104

>

18% July
73%

Jan

12% Jan

66% Jan

May
Jun

139

87% Jan

May

78

130

.

Jan

89% Feb

11

14% Jan

15

123% Jan

17

$6.50

11

54% Jan

6

Mission

9% July

4 % Feb

11

6

34

July

17% Feb

10

x33V»

Dec

44

Jan

29% Feb

8

35

9

Feb

15VB

Jun

10

7

22%

Dec

Kor

29% July

footnotes

see

uaae




Feb

21V4 Jan
24

4

Jan

7

23% Jan

.

7

Jan

20

11% Jan

8

23% Feb

3

Minn

Moline

75

*30

34

12

11%

11S/8

113/a

11%

11%

11%

11%

11%

11%

*45

49

47

47

47

47

45

45

14

13%

133/4

8%

100

12

8%

*45

133/4

133/4

*8%

83A

60

21%

*109

*45

47

13%

13%

13%

*13%

*8%

8 3/4

8%

8%
593/4

8'/a

59%
*91

94

*37

48 Va

13%
'

60 Va

*91
X

100

—5
10

21%

21%

37%

37

*99 V*

100

*109

1093/4

13

13

123A

40 Va

41

44

44%

*137

1383A

60%
94

591/4
*91

213A

211/4

37

36

993A

99%

1093/4

*109

21'A

*21'A
*99i/4
*109

1093/4

8%

*13%
*8%

8%

60

60

60

60

94

*91

94

—/~r,

1,700
1,300
150

1,000
500

60

*91

22

36

36

36%
100

14

*

94

59 3A

*91

94

X

_

Impl

100

1093/4

21'A
35 Va
100
*109

211/4

21%

35%

*35%
100

100

*109

1093/4

44

137%

*137

137%

123/4
•

123/4

12%

123/4

12 Va

40%

413A

40 Va

4134

x40'/a

45

44

44%

*44

1383A

Inc

1383/4

*137

11%

113/4

11%

111/2

11%

113/8

9%

10

9%

93/4

9%

10%

9%

9 3/4

45

45

44%

45

89

89%

89%

89%

*88

69

70

69%

70

104'A

104'A

com

1

12%

*104'A

133/b

12%

X 115'A

113'A

104%

12%
115

*44

1041/4

12%
113

43'A
_No par

433/4

43V2

44'A

431/2

4%

43A

4%

4%

4%

104'A

44

43A

71

121/4
X;

113

451/2
891/2

*103%

121/2
114

X-

70

104V2
12%

V 113

44

4%

43%
*88
71

104%
12

_

45%

89%
71

104%
123/s

111%

112

44%

43%

44

43A

4%

4%

Tool—

100

183/a

19

18

19

18Va

183/4

18'/a

19

*31%

33

31'A

31'A

293/4

30

29%

30%

*10

103A

10

10 1/8

10

10

10

10

*10

22%

*22%

23%

22%

22Va

*22

22%

1.25
_No par

22%

22%

*22

43

138

12

69'A

*87

138

11%

20

Mills—

Machine

41%

44

89

100

*115

Co

12%

40%

441/2

69'A

A_

.

_

Mohawk- Carpet

::X./

12%

3/4

40

44

_No par

_

Power

3

12

13' XX*

40 Va

No par

com.

series

preferred

Monarch

153/a

75

12

100

Regul

_

Hosiery

15V2

76

211/4

_No par

com

Corp
Mo-Kan-Texas RR com__.
7% preferred series A

Mojud

153/4

75

21

100

Marie

Mfg

preferred

10

Feb

15%

34

443/4

11% Feb
42%

600

3,100

16

21%

443/4

$4

16 'A

30 %

No par

_

pfd

&

16'A

21'A

10%

SS

conv

17

21%

10V4

Min

1,100

34

_No par

3.20%

200

193/4

*30%

Minn

Minn-Honeywell
Minn

2,300

19 Va

*21 '/8

11%

111% Feb

Feb

13%

7

2,700

33%

211/4

.No par

&

48

34

pfd_100

preferred

P

140

96%

21'A

Minneap & St Louis Ry
St

33'A

211/4

1

__

Steel

1st

47V2
*96

1,000

2,400
v'c.

••

■

——~

213A

2,500

35%

600

100

490

1093/4

"

Copper

8%

48

31%
97

21%

32%

Petroleum

Midland

8

121 Va

Feb

Mid-Continent

4

Feb

7

Feb

4

Miami

7

46

11

Nov

42%

8

47% Jan

*95Va

,_1

series

5

*30

31%

97

77

15%

77

34

46%

31%

*76

16

*76

31%

21'A

5

3

Jan

Jan

105 %

*30

*16%

16'A

;X77\v

32

32

50

3.90 %

14% Jan

July

14

34

16

313/4

21'A

No par

Scott

11

11V4 Feb

56%

*30

Co

preferred

I6V4
153/4

15%

Inc„

40 Vb Feb

Jun

il

4.35%

&

16%

77

No par

Edison

16%

16

1

Co

41

Dec

51%

Machine

*193/4

77

common

Merritt-Chapman

381/2 Jan
100% Jan

31%

193/4

50

preferred

4

16%

32

193/4

16

preferred
Co

16%

*96

*75

common—

Transp

20'A

'

_100

—.

Stores

Min

&

97

*193A

951/2

No par

(2nd series)

(The)

*951/4

10

Co

Corp

1st

3

4

Mfg

Corp common
4%% pfd (1st. series)

Melville

•

l

Co

Norris

,

_18

com

No par

McLellan-Stores

10

Mar

No par
5

preferred

35 % Feb

Feb

38%
35

com

McKesson & Robbins Inc

4%

31'A

32

34%

Mclntyre
$4

1

for

Shares

97'

97 Va Jan

109 % Feb

Corp

Sales

the Week

1 per share

*31%

Jun

12 % Feb

Feb. 11

f per share

*95Va

106%

19% May
69% May

Friday

Feb. 10

1 per share

*33%

104% May

Feb

13

Thursday

Feb.!)

$ per share

:_1

Nov

Dec

Wednesday

Feb. 8

S per share

v V,

PRICES

100

Nov

92

101%

Feb. 7

1 per share

HIGH SALE

preferred

conv

Mead

15
13

11%

Feb. 5 '

AND

Tuesday

Electric Co_—

3%7o

McQuay

17% Jan

10
.

McCrory Stores

24

82

Feb

31%

Dec

21% Jan

10

75

20%

35%

Jan

15% Feb ■,'T

Jun

96%

Feb

33% Feb
97

I6V4 Feb >X8.::

1

•

'

Monday

'

Jan

90

Saturday

Par

33% Jan

42%

Dec

<

EXCHANGE

30% Jan

101%

Nov

23% Mar

LOW

STOCK

tper share

Jan

Jan

29

15

YORK

36% May
Jun

Feb

88

80 % Mar

NEW

-

*137
*

12%

5,100

40 3A.

7,900

43

138'A

1,900
20

12

2,500

9%

10%

3,500

44'A

44%

11%

*88
71

104'%
ll7/a
.112

89%
72

104%
12

112

1,300
60

2,600
580

6,400
490

42%

43%

5,000

4Vi

43/8

8,600

17 Va

18%

17%

17,300

30%

30'A

293A

293/4

1,100

10%

"10 Vb

"10 'A

17'A

22

22

700
300

20

(716)

THE

COMMERCIAL

NEW
Range for Previous

45V4

I per

Nov

122

10

20

1

10

4

10% Jan

22

May

52

56% Jan

7

Jan

3

10% Jan

3

27

Jan

21% Jan

31

23

Jan

16% Feb

11

20% Jan

;

29 '%

May

24

13%

Nov

;

31

11'

25 % Jan

5

19% Jan

10

17'% Jan

Morrell

8

15

16%

Dec

Oct

14%

12% Feb

Oct

14% Jan

7

Motor

Jan

3

39% Feb

10

Jan

42% Jan
110% Jan

17

Jan

11% Feb

11

13% Jan

6

Jun

34

Feb

8

34% Jan

13

55%

Jan

50

Jan

31

14% Mar

21%

Jun

123/b Feb

20 :

Feb

32 %

Sep

23% Jan

Dec

29

Jan

19

Jun

12%

Sep

17

34

Dec

43

Dec

110

11

51

Co_„

Jan

"18

>•

4%

Sep

8%

Feb

9%
i 29 i

lOVi May
13 7a July

11

15% Jan
28

4%

7

13

Corp—
Corp

Brass

Jan

5
•

-

207a Jan

3

Jan

3

7

Peo

11

17 7a Mar

107a Jan

3

12

Jan

8

37

Jan

26%

Feb

32 V2

Oct

162%

Oct

175 7b

Jun

5 %

Nov

32 a/»

Dec

48

Jun

Feb

9

78 May

Feb

307a Jan

T

171

93/4 May

11% Jan

National Airlines

its.

Automotive

Battery

(12%

5

*10

672 Jan

8

Jan

3

National

6% Jan

3

Jan

x73/4 Feb

11

Aug

xlO% Feb

8

12

Jan

32

Jun

277a Feb

10

29

Jan

6

May

13% Feb

11

22 74 May

177a Feb

7

.24% Mar
14%

Dec

17% Nov

Co

National

6

National

Container

National

Cylinder

24

12%

Dec

14 V2

Dec

15

Sep

20 7e

Jun

85

Oct

9672 May

93

38

29%
162

Jan

1

5 78

50

14

Inc

„•

10, >
lo7%

3472

347a

3272

323/4

10

3

13% Feb
1672 Jan

7

National

94% Feb

2

7

337a Jan 21

$4.50 conv preferred
National Lead Co common

New common

*176

6

5%

6%
'

634

"

8

1

22

Jfan

4

23% Jan

28

July

153/a Feb

11

19

Jan

7

Jan

8372 Jan

4

86

Jan

24

16%

Nov

25 y4

80%

Nov

94

Nov

10%

Dec

303/8 May
15 7a May

9%

Nov

127b

9

Nov

12%

19 74

217a Jan

4

24

Feb

1

10% Jan

3

11 % Jan

31

Natl

97a Jan

4

11

11

Natomas

Jan

137a Jan

Jan

Jan

9

72 Jan

Nov

19

May

104

Jan

27%

27%

27%

14 'A

13%

13%

1,300

17%

173/4

177a

17%

21,000

13%

35

31

May

Feb

98 %

Jan

93 »/2 Jan

8

Nov

12 3/a

Jan

3072

303/4

„

12%

99
64

Dec

Neisner

Bros

Inc

43/4%

conv

serial

2

Nov

90u>

343/4

Oct

433/4

Jun

>

New

59 y2 Jan

137a Jan

70

.t"n

Feb

Nov

Feb

Feb

11

;

11

81

Jan

144

July

133

140

Jan

Feb

7
21

223/4

17

167a
85

85%

N

2374

10%

103/4

10%

10%

10%

10%

*10

1072

10

13%
*10272

common_No par

*31'%

31%

*97

98%

9

*131/2

_100

Elec

System

974

20

*96

97%

*5172

53%

11%

113/4

Air

71

_100

Brake

No par

Central
&

St

Co

>

22

7

Preferred

90

3

Jan

14

$3.75

Elec

Range Since

9 per share
20

Dec

13%

Dec

23

t

Dec

v*r

25%

share
Jun

I per share
19

»

Jen. 1

10

21

Jan

11

14

Jan

27

Jan

13

10

Feb

62%

Nov

56

Feb

11

591% Jan

Aug

28'%

Jan

26'% Feb

10

28'% Jan

17%

Jun

15% Jan

3

17'% Feb

5

133% May

97a Feb

5

11'% Jan

Noblltt-Sparks

7

93

943/4

943%

16%

16

16%

—100

'

16%

*88%

*

230

Jun

81

Jan

11

84 '% Feb

Feb

36'%

Jun

31

Jan

14

32'% Jan

Dec

273%

Jun

143% Feb

11

17% Jan

7

78

Aug

Par

American
American

Ry

:_25
25

com

Northern

Central
Natural

Pacific

Ry

Co

Gas

-

225

52

30%

95

95'%

95'%

*94'%

133'%

15%

15%

*15%

16%

.*•>

30

«

46

30'%

29%
>

20

87a

8

>'

5,400
6,400

-

95

16

90

16

*94'%

•

900

2,600

11

240

*205

31%

3.4J0

21%

*45'%

V

83%

48,600

133'%

103%

95-.

16'%

8

74

*19

225

30'%

57%
17'/a

9%

>9%

*83'%

1,200

15 :

*8772

19'/a

F«b.»

*877a

20

89'%

♦19'%

Feb. 10

9 per share*

'

19

193%

10 Y8-

10

10'%

26

25'%

25% >

56 3/a

56'%

56 Ya

57

*26'%

27'%

26a%

27'%

*25%

f.

Shares
500

19

9%

;253%

•;

18.200

10
!

for

the Week

I per share
19

•

10'%
25 3%

Sales

Feb. 11

i

I

25%

800

.

56 Ya

573%

56

56'%

26'%

27'%

*26

263%

700

16Ya

16%

163%

16 3%

16'%

23.500

93%

9'%

9%

9'%

9%

15,700

84'%

*84'%

■

2,700

•

16'%

•

19'%

10

253%

•
,

'

17%"

Friday

Thursday

;

1 per ihare

19%

10

27'%

16%

>

>

Wednesday. /
'

share>

9 per

56 Ya

>v

89'%

"

'

lOYa"

*26'%

'

16'%

17

*

97a

9'/a

84'%
31%

*83'%

84'%

*83'%

85

84'%

84'%

313/a

313%

317/a

31'%

31Ya"

31'%

317%\

31'%

32

5,200

147/a

153/a

14 Ya

15'%

15'%

153%

15

15 7%

14%

15

18.700

97a J
*83'%

84%
32

31%

t
1

■

89'%

HIGH SALE PRICES

Feb. 8

26

x56Ya

577a

.

27'%
17'%

f

10

_100

10'%

*25'%

•i

89%

89%

.7 Tuesday

193%.,

*19%

Ya

26'%

-

*26'%

50

Co

Ry

10

26

1

—

19%

10%
-

10

Aviation

Northern

*47'%

:

240

30'%

*87'%

9 per share

share

19'%

.4

Co

Northern
*

:

107%

73

113/a

8'%

.

500

10%

21'%

8'%

Feb, 7

I per

.

2.50

preferred

North

52

*47'%
*225

8'%

10%
*20

16

Monday

Feb. 5

,1

Western

North

,

21

16'%

&

21'%

95

89%

*87'%

893/a

Satartfag
.

Industries

Adjustment

11

253/4

Norfolk

52

113%

*19

i

230

8

8'%

LOW AND

STOCK

Electric Corp
Nopco Chemical Co

20

14% Mar
Jan

95

7*9474

8

•

3.JUO

30

Corp—

Noma

10

25

8

*47'%

244

*230

1353%

*11%

21'%

29 72

244

135%

1174

*18

51

*47'%

137

11'/a

11'%
21'%

31

.

3

3

55

82'% Mar

51

136

136

11

200

2 b'%

28 3%

.

2,400

72

*70%

1353%

136

*20'/a

900

113%

x30

135'%

13674

29'%

9 per share

Feb

313%

11%,

31%

YORK

71'%

29'%

*31'%

76'%

31

100

EXCHANGE

93% Feb

Jan

NEW

Highest

23'% Jan

'1772 July
36'%

>

>>> Lowest

Highest

71'%
x28%

31'%

75'%

STOCKS

Year

Lowest

70%
293%

103%

87a

preferred

Range for Previous
>

70'%
29'/a
*31

11'/a

8

Gas

&

1174

78

*230

pfd—100
Shipbldg Corp partic stock
1

Y State

*47 7a

12

11

*4772

No par

A

49

113,4

77

_50

series

49

12%

20

30

49

50

127a

71

700

5,800

97'%

50

31'%

Hart RR Co_100

N Y Power & Light 3.90%
N Y
N

Jan

5%

*95

12

29'%«

•;>»>

83%

97'%

11'/a

N Y New

333/4 Jan 21

*95

763%

N

Co

97'%

:•>'

99

8 3%

10%

15

&

*95

31'%

31'%
*97'%

8%

75

21

RR

99

8'%

11%

20

preferred

-

31'%

*97'%

77'/a

Jan

Haven

•

*31

8%

10%

9% Jan

Harlem

71

31

75'%

245

86

500

400

13'%
104

*102%

11%

225

Jun

3,600

10

,

13'%

13%
104

99

8%

v

*102'%

50

29

Mar

non-cum

>

*31

255

&

31

*97'%

>>'>>

97'%

>*70

29'/a

Jan

Y

11%

31'%

Jan

$5

50

11%

113%

104

79

136

100

common

53

*51

9

97'%

71

51

Dock

97'%

31

29

preferred series A

98

8%

29

Jan

88

10

1073

1,600

.

10%

103/4

1172

TOO

com

31

98

9 >:'V

7i >>•;:

50

Jan

*13'%

13'%

2,500

11

*10 3/4

77

No par

Louis

31

98'%

97'%

31%

Jun

81

*10

10%

13'%
*102'%

104

31'%

29 %

>

61

Jan

*10

13%

*102'%

*

Jan

1774 Jan

1074

*13'%

104

31'%

ll3/a

96

*10

13%

*102'%

21%

4

10'%

*97

9%

13%
104

1174

9

23 74

10%

*207a

157a Feb

260

23

11

10%

No par

91% Jan

10,000

84'%

15%

22%

23

10%

No par

Oct

x22 >/4

223/4

103/4

600

153/4

*84

16%

107a

530

3.500

223/4

*22

84%

22%

York

Jun

15%
*84

.

10%

City Omnibus Corp

19%

85

10%

1

preferred

preferred

Y Chic

6%

21

796

16%

84

23%

N Y

Feb

16 7a

86

103/4

New

Nov

22

10%

8

86

22

23

21

! 14%

86

10%

1474 Jan

,

19%

85%

11

2274 Jan

7

19%

86%

237a

5

29 72 Feb

%
20 y2

86

223/4

*22

3,400

ft

ft

ft
*19%

86'%

10%

100

110

ft

857,

11

11

>393/4 July

16 3/4

17

17

6

20%

*20

1674

*85

■»

6%

23

11

3

167a

17%

ft

ft

*6

30%

1

Jan

10

ft

16%

86

103/4 Feb

Feb

%.

30 %

30%

163/4

177a

*22

20 3/4 Jan

772 Jan

*17%

23

Apr

Jun

3,700

173/4

23

Jun

147a

17

17%

23

23%

Feb

2,500

85 74

27

6% Mar

6

20

Mar

20%

6

85

113% Mar

200

6

20

20

493/4

80

6

5%

e

1672

Nopar

England

474%

7

1372 Jan

Feb

142

193/4

York

11

73

174

*141'/a

86%

New

10% Feb

July

*173 %

141%

ft

29

1872 July

174

141%

193/4

31

92

173%

141%

85%

York

Dec

174

141'/a

1°G

Newport News Ship & Dry Dock__l

Feb

307a
173'%

1413/4

23

No par

'4,500

30'%

30'%

3074
17574

8672

New

12 %

11,600

30%

20

33 y2 Jan 12

39

8,000

13%
94 74

13%

1417a

20

Jersey Pr & Lt Co 4 % pfd__100
Newmont Mining Corp—
10
Newport Industries common
1

30% Jan

25

i9g

13%

13%

*93'%

13%

*173 7a

h

6

17%

13'%
*93

133/4

94%

13%

13%
94%

143

853/4

New

723/8 jan 27

;• Jan

28% Jan
x30

6%

1774

3072

13%

13%
*93

7,900

.

175

174

*1413/4

*85%

common

Newberry Co (J J)
33/4% preferred

,

977a Feb

49

July

31

Feb

Jan

14

94'%

'

"

9 3/a Jan

1174 Feb

26% May

20%

121

307a

1372

13 %

13%
*93'/2

lo

Co

:

Nehi Corp

98

13%

14%

94%

10

Fibre

27

95

Aug

Feb

70

v

;>6v->

>

No par

Co

Co

22

8 74 Jan

90 % Mar

Tea

Vulcanized

21

103

Feb

87

National

13%

14

100

317a Feb

xlOl % Jan

x27% Mar

38

13 3/a

*9372

'

Cast_No par
ex-dist
No par

Jan

11

13 '/4 Feb

Feb

100

Jan

1,200

14

13 3/a

l

com

7,200

11

277b

Steel

Supply (The) Pa

2,200

7%

X7%
*10'%

11

17%

143/4

preferred

i' 8%

3,700

14'/4

25

472%

7

67%

7%

8%

3.000

270

303/4 '31%

28

No par

National

•7%

8%

;
:•'-•

5%

5%

53/4
313/8

300

177

17%

21

Jan

8

■'

1,500

141/4

19% Jan

25%

5%

7'/a

77a

8%

*175'%

31

11,600

277a

947a

Corp_

•••'

7

8

1763/4

31'/4

V

173/4

14 72

Corp
National Sugar Ref Co

7

313/8

53%

30%

32%

176%

5%
.

3,100

14 74

9

Lt

5%

31%

:
;

27%

16 a/4 Feb

&

5%

31%

31%

.177

'

10%

32'%

1772

Jun

Shares

177

97%

10%

;*31%

14%

*9372

Steel

11 >r
33

27%

247a

Power

'
'

>■

1763/4

93/4

'

ll

70

800

4.100

14%

6

National

32

317a

10 !■ ':

lO-

:

313/4

v

J.'

6%

6%

■

*32

11 '%

34

6%

-

19

17%

6% Jan

National

*103/4
*32

30%

87a

,

>

lu

11
34

6%

30,900

,

25'%

287a

8

Natl

.■>■

63/4
:

10

9 '/a

1

.

'

19 •«.

17%

57% Feb

7

63/4

■'

14%

Feb

4

6 3/8

123/4

12 3/a

'♦24 %

•25

"193/4

27%

73/4

10

6%

*19 '

17%

177

Jan

1972

175%

5%

8

143

&

19%

14%

1

Corp

*•24%

1974.

287a

*1413/4

Service

<■

25

13%

12%

1372

*24'%

253/4

17%

No par
10

com

1374

137a

•

287a

*175

Ik Jan

51

*10%

100

22

•*50

600

*1474

*

12.50

913/4 Jan

5172

*50

11

100

3

51%

*10%

preferred A

8

*50

3,900

35

103/4

preferred B

21

*33

X10 3/4

7%

Feb

12%

34 %

11%

6%

ft Jan

90

117a

11%

12

11 »

3

1974 Jan

1,900

2,800

34%

11

29

85

10

12%

31

33

6yA

8%

v 11

Jan

Oct

6,300

393/4

35

11

1763/4

31%

177% Feb

May

1,100
1,800

110

12%

33

.

32

>176

33

144

25

10

110

*32 %

X9%
•

34%

-

31%

6

.

11%

*34

33

-•

'

4

114%

3,200

12%

39%

40'/a
110

110

110%

*110

10%

39%

40%

6%

'

10%

110%

177

4

Nov

21

7io%-

107»
117a

r

Jan

Nov

10%

10

-

19 %

6%

/

1

6

Co

6%

16972 Jan

4

10

'

67a

%;

1

8

Natl Malleable

12%

12%

V'i

15%

34'/a

*25

19%

1

—

Jan

Jan

21%V

>15

51

1374

25

c%

:__10 v

Co

14%

13%
X25

19%

4

Co

Gas

Gypsum

14%

135

1

12%

7,700

719

19

19
15%

200

17% "•

12%

*50

>-•19%

Jun

Peb

51

19%

Apr

81Mar
20

*49

257a >20%
"

177

Dec

127a

x40%

110%

*48%

147 72

153/a

*110

110%

12 %

No par

Jan

Linen

15

400

,

23

21%

22

19 \

,

15%

1274

10

34

City Lines Inc

National

21%

19

15% s

'

40 %

12%

Oct

Dec

10

40%

34%

100

307a Feb

Jun

10

40%

*110

12%

common

133/b Feb

2

10

40'%

41

110%

Nov

130

19

12

12%

34%

National

^

12%

12%

National

12

Jan

13

19

34'%

Dairy Products
No par
Department'Stores
5
Disttflers Prod
No par
Nat Enameling & Stamping—

15 7a Jan

19

16%

22%

22

15%

19

12%

1

Register

11

\

*21%

17%

17%

19

15%

12%

10%

41

110%

National

>, 21

Biscuit

12

774 Jan
97a Jan

22%

22%

-

■

7

19%
•15%

34%

preferred
National Can Corp„__.

14 7b

23

19%

.!

10

V%

13'%

217a

16%

22

16%

167a

15%

1;

12%

5

./.National

Dec

9%

22%

19%'
15%

-

*21%

22
■

,

600

107

"

1

100

—

24

10% Mar

23

23

-100

Fibres

Co.

27

Cash

'217a

11%

j

National Aviation Corp

Jan

35

3,500

11%

19

;

Jan

7

11%

11 %

*15%

]

33

8

11%

II

16%

Louis.

178

5% Feb

ll3/a

11

_fl

St

3

30% Feb
-

11%

11

1

3

Jan

16,500

11%

22

Co_>

National

53%

53%

10%

*10

107

:

Acme

.National

52%

52%

17%

Corp

National

7

537a

53 %

No par

&

25-

,

700

"53%

52 %

5

& Bros

10'/a

52%

22%

T

*974

52

17

(

10

54

*22

7,000

103%

10

10%

18%

*1013/4

108

10

*

48%

48

49%

103%

108

10%

*108ya

108%

Shares

103%

*10

103

103%

Xl 08%

the Week
j

109

10%

103

_

for

Sales

Feb. 11

t per share

103 >%

10%

108

110"

23%

.

48%

49 y2

49 %

49%

x49 %

110

17%

„

Chatt

7

33

July

507s

*103

109 %

50

Nash-Kelvfnator

3

,

93/4 Feb

50%

108%

*108%

__No par

Co

..Nashville

7

50%

"103

*21%

preferred

Myers (F E)

.

Jan.21

45

Nov

Mar

6

50%

Friday

Feb. 10

9 per share

*

No par

Murphy Co. (G C) common
4%% preferred
Murray Corp of America com

8

,

I par ihors

Tuesday

3

N
«

I per share

11

Mfg Corp
Munsingwear Inc

25

5

May

112

Feb. 9

I per share

5

Mullins

7

11

45

Jan

Feb. 8

53

Inc

Wheel

Mueller

Thursday

Wednesday

Feb. 7

No par

Motor Products
.

7

Jan

Feb

107%

<

5

com

Lines—.

&

HIGH SALS PRICES

Monday

t i per thart

p*f

"

•-33%

50

(John)

Motorola

3

Feb

21% Feb

Jun

Co

Moore-McCormack

7

18% Jan

May

23

Dec

RECORD

Feb. 5

Montgomery Ward & Co—

20

11% Jan

Chemical

Monday, February 14, 1949

„

Saturday

preferred series A
No par
$4 preferred series B
No par
Montana-Dakota Utilities Co
5

7

Dec

-

Dec

10

Jan

17% May

21'%

CHRONICLE

LOW AND

STOCK

$3.25

Oct

15%

>

Monsanto

13

10%

Nov

19

11
24

11

20% Jan

v

Jan
Jan

8

Feb

IIV< Jan
«.

52
110

Feb

107

65

YORK

i

111% Jan

4

-

103

Apr

Dec

NEW

I per shore

May

47 y« Mar

■■

STOCK

EXCHANGE

112%

1053% Mar
93% Dec
•

45% Jan

*

Highest

I per share

share

61% May

99 V* Dec

Jan. 1

Lowest

Highest

I per •hare

YORK

FINANCIAL

STOCKS

Range Since
Lowest

&

,

-

93/a

•

-974 '

20

•

>

15'A

Northern States Pwr Co (Minn)—

1033/4
87i
16

90

Jan

4

Feb

4

1073% Feb

7

109'% Jan

13

17y8 Mar

Nov

8 3% Feb

11

103% Jan

16% Feb

11

19

Feb

33'% Jan

11

36

Jan

27'% May
40 V2
Apr

Jan

3'%

87

Dec

109%

Nov

33%

Mar
.

Oct

Dec

90

,

,

$3.60

preferred

$4.80

.,

preferred

2

4.6%

4

*89

Nopar

!

Northwest Airlines

7

Inc

No par

•

preferred

25

90

■

1073%

common—10

1

173%

33'%

33'%

Northwestern

Telegraph

50

3'% Jan

31

43% Jan

11

Norwalk

Tire

&

Rubber

No par

3'%

374

Jun

11% Jan

4

12'% Jan

10

Norwich

Pharmacal

2.50

113%

11%

34'%

30% Jan

31

Ohio Edison Co

7'% May

33 Ya

33 74

•

'

-

89'%

89'%

1073%

*107'%

87/a

9'%

17'/«

9'%

17%

89

1073/4

1073%

874

18

143%

10% Mar

1073/4

9'%

17%

;

90

89 Ya

;

108'%

9%

17'%

*33'%

9

108

97a

17'%

8 Ye

17'%

33'%

34

*88'%

89'%
108

33'%

17

33'%

89 74

89

89'%

270

107%

107%

140

9 7a

8 3%

8%

5,800

"17%

,163%
'33»%

108

33'%

2,800

17

190

33'%

'

Co

3'%
*

115/a

>'

3'%
12'%

•>;

3%

*3'%

12'/8

*30'%
102'%

30%

30%

102'%

*102'%

267a

:

33%

*113%

""

26%

-263/8
*187a
25'%
95'%

*117%

3%:

3'%

:

12

12

*12

3'%

600

12'%

"*3'%

3'%: i
12

400

O
26'%

Dec

Jun

27'% Jan

3

92'%

Jan

103

Jun

99'% Jan

3

26%

Feb

43

Jun

253% Feb
17% Jan

16'%
22%
6

Apr

183.a

Jan

%

Feb

36% July

Mar

92

xl09'% July
12'% Apr

Dec

104

Jan

21

11

333% Jan

7

8

18'% Jan

21

Feb

8

31% Jan

7

95'% Feb

9

99

Jan

7

6'% Feb

11

8

X25

Jan

10

90'% Jan

10

22'% Jan

7

88

Dec

100

Jan

20

Jan

23

Jun

27

Jan

37'%

Jun

29

Feo

7

31

Jan

24

Jan

148

Jan

15

153

Jan

28

144'%

Nov

154

83

FHa

11

20% Feb 10

-

4.40%
Ohio
.

Oil

Oklahoma Gas & Elec 4%
Oliver

Corp

4%%
8%

Corp

Nov

23

Jan

13% F-b

8

16

Jan

13

Outboard

Dec

89

Feb

77'% Jan

27

79

Jan

28

Outlet

Dec
,

11'%

73'% Jan

49'% Jan

3

>

Feb

153% May

8'/a

Dec

15

May

9

Feb

11

60'%

Sep

73

Apr

66

Jan

7

37

343%

Feb

43'% May

127% Feb

58'% Jan

14

24

Marine

&

Owens-Hlinois

Mfg

Jan

7

Pacific

Amer

Fisheries

18

Pacific

Coast

Co

70

Jan

14

40

Jan

17

2nd

preferred

19'% Feb

2

Pacific Finance Corp

3

33'% Feb

3

Pacific

Gas

Pacific

Lighting

130

Nov
For

553% July
44'% July
147

footnotes

—12.50

50'% Feb

7

54

29

Jan

3

333% Jan

25

Feb

7

95'% Jan

24

Mar

1j5

Jan

5

Pacific Telep & Teleg
6%
preferred

see

page




/«

5

Inc

13

10

of

93%
*64

38

97'%

" 7'%

18'%
26
95'%

293%

>.

7

7'%

67/a

7

86

85

85'%

21

21

?84
*20%

85

21

29
*152

152

54'%

13

54

13.

93%

*9%

68

*65

38

*37'%

29'%

297a

-

*152'%

153

14'%
'

79

13%
'

,

54%

*75

14.
79

53'%

93%

54'%

*127%

13

13 74

*9

68

*65

38

37'%

293%

293/8
153

93%
68

37'%

29%

>

29'%

Jan

21

297/a

f

29'%
152'%

*13'%

14

*13%

14'%

*13%

*75

79

*75

79

*75

54

55

54

53'%

54'%

12%

12 7%

9 74

*65
37

9 74

68
37

*

12 Ya
*9

*63
37

153

13

9'%
68

37

Corp

14'%
78'%
55

*12%

9
68

270

19'%.

19 7a

19%

19%

19%

19%

19%

19'%

19'%

*183%

33'%

32 Ya

33'%

32%

32 7%

32'%

32'%

32'%

32%

32 3%

32%

51

5174

*503%

51%

513%

52%

50%

51 »%

31'%

32

31

313%

100

90

91

89

90%

—

—100

*138

140

»-

,

138

138

—

.

33%

38

30
200

400

13

9

*63

5,200

-

4,000

19'%

No par

3,600
150

/■

32'%

No par

>

>

500

29%
153

lo

common

V.

600
150
23,200
\
100
8,500
150

.
•

21

21

*152'%

19

210

800

7,700

51%

5072

50'%

1,700

30 3%

30%

31

31%

31'%

32

31%

31Ya

3,000

89 74

90

91

91%

92

92%

92'%

92'%

too

136'%

137%

137-'%

138

138'%

50%

'

139

20%

153

*152
,

20%

21

25

Calif

Pacific Mills

89

6

54'%

18'%
25%

*95

*18

30'%
30'%
102'%10274
253%
26'%
*18
18'%
25 V2
25%
*95
96'%
6'%
67/8
83
83'%

101% 102'%
26
263%
18'%
18'%
25%
26
*.95
96%
7
7'/a
84
84'%

26%

*20'%

*14

Electric

Jun

Jan

>

*76

No par

6

3

r04'%

213%

15'%

non-cum

Jan

18'% Jan
30Ya Jan

Dec

87

79

No par

Jun

Dec

77a

x26

30'%'>30'%

30%

103

85'%

7'%
-'

*14

common

Jan

47'% Mar

96

*76

non-cum

21 Ya

&

96

*18

2.50

Co

10'% Jan

preferred

152

25%

x26'/a

Nopar

Glass

1st

293%

Nopar

30%
103

273%
18'%
26'%

'

18'%

7'%
*86

:*20'%

103

973/8

•

'-*96

_6

10

I

Co

26%

'

27'%

(*18

100

.100

36Ya

89

A

common-

15'% Mar

29 '/a

common

preferred

293%

Nov

100

preferred

15 7a

20

Nopar

Collins

Elevator

6%

28»%

-30%

30%
1023%

273/8

preferred

(The)

convertible

Oppenheim
Otis

102'%

pfd

common

convertible

Omnibus

*30

8

100

Nopar

Co

80

47'%

common

preferred

'

136'%

138

'

138

90

Volume

169

Number 4777

THE

COMMERCIAL

Rente fer Previous

« per share
3 %

I per share

Dec

39 %

Nov

4

Nov.

11% May

92

'

Oct

6%

Feb

18%

18

:

Vi Feb.

2

8

Jan

4*% Jan
4% Jan

8

49 % Jan !. 5

May

99

102% Jan
8% Jan

5

3

24
27

'28

May

16% Feb

8

Jun

102% Feb

8

22% Jan

3

24% Feb

26% May
"51

Mar

7

104% Jan

Feb

;

Dec 1

24%

20

Jan

55% Jan

105

23%

5

9% Jan
16

4

6% Feb

Jun

Jan

8

43% Jan 10

3

12% Feb

Oct

ll3/4

Jan

34'/4

11

Jun

100
•

Dec

97

11

66

Feb^

Nov

40

May

3 % May
33%

30%

6% Mar

10

9

16%

Jan

"

Jun

Jan T 7

20

T
3

'x4iya:Jan 20

Jan

3

•1% Feb
24% Jan

8

•2% Jan

' 7

3

27% Feb

3

26% Jan

22.

25

Jan

4

May

•6y« Feb

5

7% Jan

7

Jun

12% Feb

11

14% Jan

18

7% Feb

Feb

2

Jan

4

xl9
27

Dec

37

Jan

3 81/2

Feb

49%

Jun

153/a

Jan

Jan

8

28

19% Jan
29

27% Jan 31

42%

Jan

Jan

5

28

Jan

7

45% Jan

13

10% Feb

3

9%

YORK

CHRONICLE

Saturday

Monday

Feb. 5

3

Par

Feb. 7

« per ehare

Pacific Tin Consolidated Corp—
1
Pacific Western Oil Corp—
-10
Packard

Motor

Car:

3%

»

35

r

No par

3 %'

3%

3%

3%
35%

35%

4

3%

8%

8%
13%

12%

13

*12%

52%

53

52%

102%

*102

102%

4%

Cos

Inc

com—_—No

convertible

Paramount Pictures

Parker

Rust

Patino

St

6% :, 7

23%

41

6%

17%

*17%

102% 402%
22%
22%

*38

2

*38

41

2

2

7

23

*101%

1023/a

!;

19,800

101 %

3^300

101 %

6%

6%
16%

110

6%

17%

16%

*102%

24%

500

'52% '■

52

6%

*38

26%

25%

26

26

26

2

26

25%

V

40

1%

<

104

23

"

*1023/4

23%

40

2

7,200

:,

23

1,300

■-

.

104

22%

5.

40

120

'

36,400

42

*39

1%

25 %

*25%

6%

6%

6%

6%

*6%

13%

13%

13%

13%

13%

13%

7%

*7%
*18%

7%

7%

7%

7%

7%

27%

*18%

7%
19

28%

28%

No par

43

43'/a

43

9%
17%

*9%

25

*

19%

26%

19

28

26

*7

lYa1

:

•24%

7%

13

12

73/4*

25%

Dec
Feb

27

Dec '

109%

213/a
112

16%

Dec

16 '/a

Dec

•

35%

Dec

•

103
'

17% Feb

48

19 Ya Jan

109% Jan

18% Feb

3

Feb

11

17% Jan

7

16

32% Feb

Apr

106

Jan

29

10

37

Jan

3

110

Feb

7

30% Jan

18

Jan
v

100 % Jan

7

Feb

99

Oct

96% Feb

9%

Nov

20% May

8% Feb

7%

Nov

98%

Feb

14%
44 3A

Jan

30'A

Oct

9%

24 y8

7

Dec

Jan

102

May
17% Jun

Feb

11% Jan 19

8% Jan
21% Jan

104

19

Jan

86%

22

4

4

453A

Dec

7

28 % Jan 21

17% Jan

Apr

120

5

27% Feb 10
4
109% Jan

Jan

20% July
22 V8 May

Feb

28

Nov

34% May

Oct

•

Jan 10

10

23% Feb

'

Jan

5

10%

Feb

7

1

103V2 Jan 28

12% Jan

7

20% May

Dec

20% Feb

2

19

64% July

51% Jan

40 %

Feb

59

53% Jan 21

48%

Dec

55

93

Dec

20%

Dec

July
May

52% Jan

1043/a May
24Ya Jun

Nov

253A

17

Jan

24

98

22% Jan 21

.

22

Sep

25% Feb

4

Penn

Coal

&

Penn-Dixie

Coke

Cement

Glass Sand

Penn

5%

Corp..

10

Co

7

Pennsylvania

Light Co__
RR

—

Drug Stores Inc

900

;

3,400

j

7Y4

1,100

:

19

300

!

29%

800

j

.

19%

19

19

28 %

28%

28%

29

433%

44

433/4

44%

43%

43%

*9%

10

9%

9%

9%

9Ya

500

17%

2,100

44

lo >

Pfeiffer
Pfizer

Brewing

tChas)

i9 •
*28

5,500

14

35

98%

35

108
*30

97%

*95%

♦106

303/4
97

;%V 9

9

9

8%

8%

24-

33%

108

30%

97%

8%

34%

33%

110

*30

8%

8%

!

109

9%

,:■/

*9%

16%
34

323/4
*106

30%

96%
■

33%"
108

*30

16%

.

96%

*97

10%

10

*103%

103%

*103%

10%

10%

8%

8%

*1023/4

103%

*22%
103%

23%
103%

*1023/4

103%

60

10%

10%

*10%

10%

lOYa

10%

J,800

10%

10%

*22%

19%

19%

19%

19%

45 '"*'■:

45%

44%

45'/a

443/4

44 3A

.*■

45%

46%

453/a

46%

443/a

45%

/,;• 44'/a

Jan

3

4.4%

preferred

Jan

31

3.8%

5

4.3%

preferred
preferred

*51%

19% Jan

7

52

51%

51%

*97%

—100

97%

97

97

'22%

22%

21%

22%

*25

1

111

110%

51%

52%

97%

973/4

97

22%

*99%

100

107%

106%

106%

16%

15%

*25

110%

101

16%

16

/

51%

973%

"

22

25%

111

*106%

19%

18 Y4

110%

21%

21%

21

25

25

*110

111

*97

100

107

107

25%
111

99%

99%
107

107

16

15%

33% Feb 11

40% Jan

7

81

Sep

91

July

84% Jan

7

88% Feb

8

25% Mar *

39%

Dec

M/'i Jan

4

41% Jan

24

87

Jan

97%

Jun

93% Jan

3

x97% Jan

12

82%

Nov

88%

Oct

88

Jan

6

11

Dec

13%

Sep

10% Feb 10

-

88% Jan 26

'

11% Jan

11

87%

Jan

92% Aug

90

Feb

11

Feb

11

54%

Jan

77%

Jun

51% Feb

4

58% Jan

7

10

Dec

14% May

9% Feb

9

10% Jan 20

30

Dec

10 »/2

80%
26

34%

Jan

29% Feb

Apr

103%

Jan

100% Jan

Jun

98%
110

113

Sep

Dec

15%

138

11'

Jan
81
27% Feb

3

36% July

Feb

30

Jun

3

10

13% Feb

5

July

155

Jun

•

142

Apr

169

Jan

13% Feb
85
32

Jun

30% Feb

11

10

Jan

7% Feb

10

10%

Feb

20

Jun

12% Feb

11

81% Jan

3

Jan

170
96

Oct

70%

Dec

15

Feb

145

Jan

26%

26%

Dec

70% Jan

52

'

157/a

5P/4

51%
97%

50

213/a

21%

6,500

,

25%

25%
*

111

39%

38%

39%

preferred

com

39%

87

87%

7 39%

40 %

7' 393/4

40%

/

39 Ya

*96%

97 %

98%

90

*88%

90

*88%

90

*88%

90

7

*96%

!

*88%

90

*10%

11

*10%

11

*10%

11

*10%

11

103/a

*10Ya

11

92

*90

92

*90

♦90

92

■53%

54%

9%

9%

52%

52

52%

10

10

*9%

10 %

30%

•

30%

*101

*29%

No par *

10

29%

13%

29%

*29

102 %

*102

102 %

*101

115

*101

115

13

12%

13

13

*84

87

28

Pittsburgh Forgings Co_

1

13%

14

Jan

26

Jan

26

15% Jan

7

Jan

24

Pittsburgh Plate Glass Co
Pittsburgh Screw Ac Bolt

88

Pittsburgh Steel .Co

71% Jan 27

18

Feb

7

21% Jan

24

Jan

10

147

Feb

1

11

28

Jan

6

148

*143

148

*167

173

*167

173

*167

173

*167

171

32%

8

No par

31%

8

13%
*150

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

•

32%

8

13%
175

8%

13%
*150

8

13%.

86%

70%

71%

70%

18%
*145

18%

18

24%

24%

18

*145

149

149

24%

24

70%

10

3,500
500

143

13

30%

30 Vs

8

*150

85%

5,800

8

12%

175

843A

~io

30%

7Ya

13'A

*150

5,600.
3,300

13%
175

*81%

82%

570

*70'/a

71

*69 Va

71

390

*16%

18%

24

'

13 Ya

167

7%

149

18%

*16%

18%

200

24

24%

27%
13%

167

71

*17

3.700

85

27%
*143

13%

*145

12%

85

171

85%

18%

500

120

148

.30%

175

85%

149

29%

-12 %

'

14 ya

200

115

*143

70%

*17%

12%
273/4

20

9,000

102 %

.

1

*167

>

31%

86

*145

24%

*150

*29

*102

! *101

'

87

14 y8

8

13%

175

*85%

71

8

13%

*150

85 %

30%

8

13%

175

86%

*70%

1

32

30%

*85%

100

12%
27%
'

14%

*143

5%

Pittsburgh Young & Ash pfd
Pitts ton Co (The)

*14%

14%

148

32%

100

*14

*143

29%

*84

28%

148

lo

com

14%

12%
87

27%

*143

No par

class B

preferred

*13%

12%
*84

28%

100

*9% / 10

*102

29

7

10

7

53%

*9%

712,700

90

52%

115

87

8% Jan

90

102 3/8

28

Pitts Ft Wayne As Chic Ry com__l00
7%
gtd preferred
100 r

92

102

*84

,

10%

*101

30

; 100

;>

40

533/4

115

87

*

.87%

523/#

?

102

29

35% Jan 21

29

29%

29%

*90

90

102

115

12%

*9%

30%

52%

*86%

'

*101

*102% 102%

—100

V 92

51%

*145

149

23%

*145

24%

23 Va

149

— —

23%

—

2,400

'

Year 1948

Range Since Jan. 1

Lowest

Highest

9 per there

< per share

9% May

STOCKS
NEW YORK STOCK

33

Jan
Feb

46

11%

Dec

16% May

9 3/a Feb

36% Feb
34

Jun

8

xl0% Feb

9%

9 Ya

9Y4

9%

Plymouth Oil Co

5

37%

38

36%

38

36 %

37%

36a/4

37%

34

34%

35

7
12

Pond Creek Pocahontas

12 Va Jan

24

Poor

Jan

Jan

3

14% Jan

6

11% May

6% Jan

3

8% Jan

24

35% May

25% Feb

5

Feb

71%

60% Feb lo

7, 28
Jan 24
66% Jan 18

Feb'

18

28% May

32%
20

Dec

25
32 %

33

Dec

Sep

14
3

31% Jan

July

25% May

3

Jan

$4.75

28

28

Jan

20% Jan

26
10

14

com

Pub Serv El &

$1.40

Co

of

Gas

com

35%

34

11

11

11

11%

10

14

14

13%

14

13%

14

1

7

5

6%

7%

25%

*24%

26%

64%

64%

64%

19%

5

27

64%

*11%
13 Ya

7%

6%
*25

7

27

*25%

64 Ya

63 Ya

63%

9%

93i

700

36 %

37

36 V.

36%

7,200

*34%

35

1

*34%
*103A

11%

11%

13Yb

14

13Ya

14%

6%

7

6%

6 S/8

27

*24%

26%

200

63 Va

-60%

61%

6,300

7%
27

*25%

63 3A

60%

20%

19 s'a

20%

20

20%

86%

87

87

86%

86%

87

87V2

39%

38%

39%

39 Ya

39%

39 3A

40

39%

39%

21%

21%

203/4

21%

20 3 4

21

21

213/a

21

21%

27%

27'A

27 Ya

27 Ya

2 7'A

27%

27'A

27 Ya

31%

32%

32

32%

V 32%

32%

25%

26

26 y8

26 Ya

25%

26%

*107'A

108'A

107 Y4

1073/4

No par

com

com

27%

27%

'32%

No par

25%

33%
26%

preferred

100
No par

20%

'

No par
No par

common

20
*86

*107

x32

32%

253/a

108%

26%

-

19%

19Ya

108'A

107%

107Y4

> 27

26%

26%

26 Ya

26 Y4

27

27

19

Quaker State Oil Refining Corp_10

*107%

27

*

19

19%

19%

19%

19%

19%

11%

12 Va

11%
70%

73/4

1,200
8,800

6,700

19%

4,200

87%

87%

230

39%

393/4

5,000

20 Ya

•

2iy8~-

7,200

27%

8

27%

32
•

71

8 Va

19 3/s

:-V:

11 Ya

71%

'

.11

400

11%

87

:

35

14

38%

'

Shares

10

*86%

Purity Bakeries Corp

conv

7%

the Week

9 per share

10

No par

Inc

(The)

*34'A

11 %

Sales for

Feb. 11

Colorado—20

div preference

Oil

5%

Inc

preferred

cum

Service

35%

II

No par

Publicker Industries

Pure

8

Co

Procter & Gamble

Public

*34%

preferred series A—50

conv

Pullman

26% Feb

19

4%%

7

31 % Jan
108 % Jan

Power

Pressed Steel Car Co Inc

8

5

4

1
No par

class B

Electric

Potomac

3

6

107

Co

21% Feb
28 % Feb
34 7/e Jan

Jan

25% Feb
-

2

87% Feb 11
Feb
9

3

Jan

Feb

40

3

26

May

108%

Jan

Jan

,

20 Va Jan

Jan

42

Feb

17%

Jun

53

Feb-

Feb.

X25

38

30 % May

Nov-

101%

85

24%

Dec

X25%

Apr

39% July

Jan

18% Jan

94

Mar

81

22

3

&

Friday

Feb. 10

10

Jan

Thursday
9 per share

*9%

36

•

'

Feb. 9

9 per share

10

Nov-

Jan

Wednesday

-Feb. 8

10

Nov

62%

Tuesday
9 per share

9 per share

443A Jan

11

13

I per ehare

5

5%

14% July

Par

Plough Inc

12%
22 Va

Feb. 7

10% Jan 20

11

Feb

Monday

Feb. 5

9 per share

11

LOW AND HIGH SALE PRICES

Setnrday

EXCHANGE

Highest

f per share

12% July
70% May

29%

Lowest

32 Ya

25%

25Ya?

v

8,900

6,000

21,200
'

*107Y4

108'A

27

*25%

26%

1,100

19%

*19

19%

300

11%

11%

79,400

70

70

1,400

8

18,200

200

"

*19

26 Ya

-

*19

R
7%

Feb

15

63%

.•■J

Feb

75% May

Oct

11% May
98% Jun

6%
89

Nov

Jun

34%

11% Feb
70

.

Jan

22%

Feb

x36

July

31

Jan

35

May

16%

Feb

27% July

36%

Feb

45

Apr

39% Feb

31

Feb

39

Jun

10

Dec

15% May

10 % Jan

101

Jan

Nov

7

■74 % Jan

22

9% Jan

10

92% Jan

Dec

106

14% Jan

3

7% Jan

25%

Jun

11

26

95% Jan 24

Jan

29

Radio Corp of America com„No par

$3.50

8

Dec

/"

18

May

Jan

19

26% Jan

30% Feb

4

32

Jan

34% Feb

3

20

Feb

2?% Jan

7

2

43

Jan

3

4%

non-cum

31% Feb 10

36

Jan

7

4%

non-cum

11

Feb

4

105

11

3

i-

•

$2

7

Jan

31
25

Reed

11% Jan

14

12% Feb 11

17%

Dec

2514 May

18% Jan

4

8%

Dec

13% May

8% Jan

3

52

Dec

8%

66

Dec

Aug

15 % May

8

Feb

11

8% Jan 27
20% Jan

53% Jan 27
9% Jan

3

27

9% Jan 24

54% Feb
<■

10

3

Jan

7

Roller

Reeves

Reis
14%

1st preferred
2nd preferred

Bros

Bit

Co

$1.25

div

Reliable

prior

Stores

preference

Corp

Reliance Mfg Co common
Conv

pfd 3%%

Remington-Rand

common

99

Aug

78% Jan

4

83% Feb

3

29%

Jan

9% Feb

9

12% Jan

8

Reo

Feb

8% Jan

7

Jan

27

Republic Aviation Corp
Republic Pictures common

22%

Feb

*33%

Oct

103

Jan

111% July

15

Dec

21% May

82%

Feb

Pur

102

foot no




Oct
*ee

page

6% Feb

11

2V4 Jan

3

5% Jan

4

23% Feb

7

105% Jan

3

3

6% Jan 31

27% Jan
110

7

Jan

31

Feb

5

16% Jan

12

95% Feb

10

99 y4 Jan

5

13

24.

$4.50

$1

12

701/4

71%

7%

7y«

95

95

•

8

95%

*71

7Ya

951/4

*94

*94

73/4

953/8

94

94

*93

*27%

95

28

28

28'A

28%

29

23

29

29%

27%

28%

27

27 y4

27

27%

26%

27%

26%

33

*32%

29

*27%

35

34%

341%

33%

33 y2

21

50

230

27

*27%

21%

201/4 "" 21V4

201/4

20 y4

34

*20%

50

40

40

40

40

40

,*393/4

50

*33

34

33

33

32%

33

*31%

5

11

11

10%

10%

*102

106

*393/4

*102

105

*10 %

10%

*102

10 %

*102

105

21%

21%

21%

21%

*20 3A

21%

*20 Y4

12

12%

11%

121/4

11%

11%

11 Ya

preferred

Motors

10

*8

No par

*19%

5

8%

100

*53%

Inc

50c

9%

-25

*81%

1

1

11

7

50c

convertible

preferred
-—10
Corp conui—No par
6% conv prior pfd series A
1001
Revere Copper As Brass com
NO par
5%% preferred^—I
—100
Republic

Steel

*8%

9

8%

8%

19%

9

20%

20

20'A

201/4

9%

9

9%

*533A

543/4

v

series—

Dec

11% May

11%

72'A

29%

50c

Dec

Nov

12%

7 5/s

<95

common_No par

Inc

6%

2 % Dec

11%

72'A

7%

'34

28%

400

4,800

33

33 Va

33 Va

203A

20

Va

20%

20

20 Va

411/4

393/4

39Y.

*29

39%

33

31%

31%

*31%

32%

400

♦10 V.

113/4

10%

10%

400

10%
105

*102

21%

105

*102

1,100
'

2,400
700

105

*20%

21%

203A

20%

1,100

12%

12

12%

12 Ya

12%

1,700

(Robt) & Co—

10%

5%

12

72%

100

common

78%

13% May
5% May

11%
72%
7%

No par

25

common

Hosiery
preferred

7%

23% Jan

.

Co

Real Silk

11

106

.

preferred

Reading

Jan

Dec

Jan

preferred

Radio-Keith-Orpheum
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common
1

-20% Feb
11%

1st

7
2%
6

'

23%

54%

•

9% :
85%
11

93/8

91/2

*81%

84%

10%

11

7%'
2%

23/8

6

5%

6%
24%'

*107 "• 110%
13

13%

97

97

6

23%

24 3%

108%

108 i/a

*106 3/4

13 S/8

13%

xl3%

*97%

98%

23%.

97

8%
20 Ya

*19Y4

9 Va

*8%

*533/4

54Y4

9 3/8

*81

*8 3/4

*533A

91/2

9'A

84

*81

54 Y4

9%
84 V2

8

1

*53%

9Va
*81

8
20 3/8
9

9%

93A

7'A
'

93/4

7%

73/a

7

7Va

2%

2aA

23A

23A

2Ya

6

6

6

6

6

6

24%

1091%

J

6

24%

24 Ya

*106 3/4

109V2

13%

13Y4

14

97

97

97

-

24

*106Y4

24%

IO91/2

13%

13Y4

95%

96

%

9Ya

V.

-

500

1,300

12,200

85

9%

9Y4

200
I

54%

103/8

7

2%

*8

*20

9%

84i/2

9%

7

8%
20%

9Va

9%

9%
*81

2%

*8
*20

j

543A

*53%

7%

:

9'A

*9

■

8,000

-/

98%

*88%

*96%
*88%

52

preferred—No par

33Y4

98

*84

convertible

33%

*96%

*90

-

;

34

98

1

$5

90

9,400

*96

5

Pitts Coke «fe Chem Co

88

39

^4

34%

88

200

15%

;' is3/.

99

100

Fillsbury Mills Xno common——25
$4 preferred
-No par

34 %

883/4

HO
'

107%

*96

•

No par

i

Petroleum

Hosiery

34%

100

i

500

111

*107

153/4

330

25'A

110 Va

*98%

107%

15%

-

3,600

18,100

*96'/a

213/4

100

*107

16%

,

;

2,100

45

52

100

88

Pitts Consolidation Coal Co

139

23% Feb

139%

45%:

97

%

25%
*110%

34

7

Oct

46 % July

88%

7

July

161

5%

Phillips
Phoenix

7%

82% May

35 '

87%

2

Dec

Feb

34'/a

88%

Feb

170

39%

35%

Jan

165% Jan 21

July

Dec

34%
*87

16% Jan
142

Nov

73%

3

26

7%
140

21

Corp common
3
preferred series A
100
Philip Morris & Co Ltd common—5
4%
—100
preferred
3.60% series preferred—__10o
Phillips Jones Corp com
No par
3%%

Pitts C C & St Louis RR—;
Jan

93

Feb

Dec

157

32% Jan 24
102 % Jan

23'A

Dec

Mar

12%

90

Phllco

'

18%

44%

100

1

'

*97

*99%

100 ;

Phila As Reading Coal & Iron

*25

25%

51%

"419%

!)«•

45% July

23% : 7'

19%

101

Jan

8%

;

46

$1 div preference com

28,100

8%

23%

48

50 1

500

8%

8%
♦22 %

19%

112

28

9%

9%

8%

103% 103%

10%

No par

1,000

23%

45%

preferred

1,700

98

8%

103%

10%

common—No par 7

100

30%

97%

.

1,200

108

*30

t

1

26,800

••

35

.

*106

98%

*9%

16%

*33
v

30%

;
'

5,300

*22%

23

[

100

18%

16

'

108

30%

18

45

108% Jan

28

16%

!

48%

Jun

Jan

16%

183/8

20

Jun

213/s Nov

16%

18%

47%

103%

Jan

16%

29

114

19%

111

Jun

16%

36%

.

*27'/a
*111

47%

Sep

115%

16%

*23

No par
—100

Jan;

91

16%

27%
114

46%

Jan

104

1033/4

18 y4

30%

17%

5

.

-

18 %

110

18%

,

27%
*111

18%

8%
:

,.173/4
.

1

—

$6 preferred
Co

18%
29

114

25

Philadelphia Co 6%
Electric

*27%
♦111

No par
Inc

Phelps-Dodge Corp

Phila

.18'/a

29

114

18%

98

No par

Co
Co

&

18%

*111

18%

30%

preferred——:—:—._««.lOO X
Petroleum Corp of America
..—.5

18

*27%

144

18%

*109

4% %

18
29

*27%
*111

18%

36%

100

__100 :
33 %c

Co common

17%

30

114

10

*9%

16%

100

Peoria & Eastern Ry Co_—

71*7-7

18%

5

Pepsi-Cola Co
Milk

*111

No par
50 •'

Peoples Gas Light «te Coke

Pet

*27 %

—100

Pennsylvania Salt Mfg Co com
3%% conv series A pfd
Peoples

17%

Corp com—No par

preferred

Penn Power &

9%

'

500

7

Y4

*7Ya

,

6,500

_

9%
151/4

1

200

6,200

.

■13

7

13'A

7%

lYa
26%

26%

*18%

28%

43%

26%
7

7

19

*27%

44%

*25%

7

26%

25%

13%

-

1%

26%

■

26%

26

•13%

preferred

8%
13

*12%

,

45,600

17 %

17%

5
5

Penney (J C) Co

52%

3,100
1,900

3%:

8%

8%
123/4

52%

•402% 104

42

1%

26%

-26%

2.50

Penick & Ford—

8%
123/4

•

3%
33%

3 3/4

'

2

*

No par

prior

conv

102

8%

No par

Enterprises

Peabody Coal Co common
3%

*35

_No par

Co_.—:

Proof

102

16%

102%

22%

8%

7

3%
33%

»■

for

Shares

*

'

Mines—.1

Transportation

Mines

102

6%

-102%

23%

8%

8%

17 *

17

105

23

Parke Davis A Co—:

6%

;17%

*102%

1

Park Utah Consolidated

6%

*17

mc—:

Park As Tilford Inc..—

Parmelee

6%

ar

preferred!

!■

52%
102%

53

33/4
4

3%

13 %

53%

8%
13%
>54%

Paraffine

21

the Week

9 per ehare

35%

r

■

*13%

13%

54%
*102

33%
34 %

4

Sales

Feb. 11

f per ehare

3%

35

3%

3%

Friday

Feb.10

34%

Panhandle East Pipe L com__No par
4%
100
preferred
:
Panhandle Prod & Refining
—1
——

Thursday

Feb. 9

$ per ehare

3%
4

4

Pan-American

•

Wednesday

Feb. 8

< per share

35%

35

4%

8%

Tuesday

f per share

36

4

American Airways Corp
2%
Petrol & Transp. —5

Pan

(717)

LOW AND HIGH fill PRICES

STOCK

EXCHANGE

# per share

3% Feb 11

21%

13% Mar
46

3% Feb
33% Feb

5% May

NEW

Highest

I per share

6% Apr
62% May

Dec

8%

Range Since Jan. 1
Lowest

Highest

-

FINANCIAL

STOCKS

Year 1948
Lowest

&

9 5/8

3,400

6%

6Ya

2 Y4

2%

6,200
4,800
2.800

24

24%

*107%

109 %'

100

13 Ya

4,100

13%
*95%

97

25,000

230

(

COMMERCIAL

4%

8

Nov

53A
33 %

Oct

103%

6% Jan

6

25

Jan

43

3

37

Jan

11'

45

Jan

Jan

Dec

Jan

3

102% Jan

4

Jan

'% Jan

Inc

Common

3.60%

Jan

49

Jun

24% Jan

-3

30% Jan

21

Richfield

Dec

28

Jun

18% Jan

Jan

12

Ritter Company

Sep

7'/a May

4% Feb

3
11

21

4%

5%'Jan

5

6%

Feb

8% Feb

19%

Feb

15% Mar
17

12

27% May

Mar
Dec

72

10 % Jan

1

25 % Jan

3

4

23% Jan

24

18% Feb

18%

Jan

16%

Dec

1073%

Sep

•

Feb

10

55% Jan

8

8% Jan

.3

10% Jan

13

Ruppert <Jacob)

r-

L,

'■

8%

61%

19% Jan

24

5

112V2 Jan

11

Safeway Stores common
5% preferred

'

Feb

67

Jan

Jan

58

111

Jan

n

48'% Jan

Feb

12% Jan

7% May

383% Jan

6

104'% Feb

11

48

•

Feb

73% Feb

>.

,

133% May

Feb

8

91% May
151/2 Aug

Feb

79

Feb

83%

801/2 Jan

5

85

Jan

27

107% Jan

3

12 y2 Jan

7
12

30% Jan

35% May

26'% Feb

11

51

May

4o */4 Jan

6

49

' Jan

Nov

95

Jan

93

9

x96

Jan

87%

Nov

933%

157%

Apr
Jun

79

\

L

87

Feb

26% July

44

'■

Oct

13%

u

Feb

621%

!

Feb

18,
13

Jun

91% Feb

7

3

Jan

14

Jan

20

Jan

5

•14% Feb

11

83

,

86

Feb >7

50

55

Jan

18

Jan

18

163/a Jan

Jan

7

Oct

5% Jan

27

6% Jan

Nov

35'% Feb

11

39% Jan

8

127% July

Feb

11

111/2 Jan

7

59% May

9%

Dec,v

I'

5%

Dec

["

91/2 Dec

-

Jun

13,

53%'Jan

6

6% Jan

7

91% Feb

7

11% Jan

-7

Jan

104

Feb

94

8'% May
143%

10

46

7

36'% Feb

8'%

43i%

Feb-

St

99

Jan

42

101 '% Feb

S

Jun

Jan

3

29% Jan

7

27'A

~X25%

19%

*18%

51/4

4 7/8

5

8%

8%

8%

*181%

>

8%

8%

5

*52

21%

17%

53

*9%

9%

17%

17 Va

112%

17%

19

112%

10

53

5%

52

t9%

'

.

v

9%

112

18%

18

18'%

17%

18%
112 »/4

112

>

112%

112%

43%

43%

44

44

44

t C—No par

11

103%

10%

10%

107%

500

22

1,700

17%

2,100

17%

t c—100

401/a

38%
105 Va
*88

'85%

*84

O,

t

*

93

7%

8

38%

39%
105

*87"

93

7%

38%

1041/4

110

;

39

*105

93 >;

73%

8 .7;

85%

*84%

39

109

105

*87.'

8

84'%

84%

'11%

12

xll%

11%

11%

27

26%

271/4

26%

48%

*47%

48%;;'

*92%

94%

*93%

*48/

>

84%

84'%

.11%

931%

941/2

*86

.87

15%

16%

91%

12%

86

,13

91%
12%

91%

*90%
;» 13

86

>

I43/4

*91

86

17%

37%

37%

361/4

37i/4

*51/2

•

17'/4

(

94

12%

.13

85% >85%

,

14%
*49%

*17'/s

38

>

36%

61/4

*5%

6%

*5%

36%

36%

37%

5
1—1

*10y4

10%

10%

101/4

IOV4

"

10% >10%

6 V4

*5%

6%

100

35%

29,400

10

36%

35%

6%

6

6

10

*

*53/4

-

10%

10 Vs

6 »*

5%

•

9%

,—No par

101%

9%

9%

>>>' 9%

9%

9%

102%

*101

102'%

101

97%

101%

101'%

•

3 6 3%

Nov

243%
30

Feb

463%

Oct

33

Feb

Feb-

273%

Jun

22% Jan

4

68

i,

!

Feb

9

1

Dec
Mar

12

!

'

Feb'

283%

79

Dec

15%

Jan

Feb

13
•31

Feb

Jan

Jan

7
7

14% Feb

5

5

Jan

10

39 y4 Jan

21

4

Oct

3

14

Sharp & Dohme common
No par
$3.50 conv pref series A—No par
Shattuck (Frank G)
—No par

9% Jan

5

463% Jun

Sharon

79

10

8% Feb

77

17
26

,,

Steel, Corp_*

Sheaffer

(W

7'%

33%

}

Dec
Dec

7% May

Jan

Oil

Sinclaif Oil Corp

May

>243/4 Feb

44

Jan

•331% Jan

3

32'% Jun

191/4" Feb

11

02%

t

Feb

18

f

Feb
Dec

23

Jun

160

25%

Oct

Feb

7

1271/2 Jan

18% Feb

8

21% Jan

107

Jun

351/2

Jan

20

Smith

27%

Dec

39%

Jun

27'% Jan

3

31% Jan

24.

Dec

90

Apr

84'% Jan

17

88% Feb

3

Sep

98

July

951/2 Jan

3

991/2 Feb

8

Dec

15%
147%

Feb

96

Nov

31%

j

NOV

53% Mar

Jun

26_ri
23

,v

104%

Feb

17% Jan

11

15% Feb
991% Jan

5

8%

Oct

7,

24

100% Jan

3

4% Jan

11

13

7% Jan

3

3% Jan

71% Jan

8

171/4 Jan

11,

Jun
May

5

15

Jun

*

102%

39

Feb

451% Aug

43

Jan

24

44

Jan

Jun

60

Oct

54

Jan

27

56% Feb

3

Nov

11%

36% Mar

t

1

Dec

36,

25'% Mar

;

12% Jan

12

Jan

3

Aug

36

Feb

11

421/2

Jan

36% Jan

7

38

Feb

29a/a Jan

•5

31

Jan

26

;

20'%

Feb

30 3%

July

28% Jan

Feb

62% July

413% Peb

33%

Feb

50%

58'%

Feb

70

65%

Dec

Jun

July

73

Jan

108

1071%

19

19%

19

19

18%

19

21

21%

20

21%

20%

20%

287/8

29

& G Co

9

Range Since Jan. 1

'

Feb

5%

24%

20%

191/4

19%

65,000

rl09%

109'%

2,200

20'%

19%

110

109%

35

*341/4

35

*34y2

35

•

*18%

19%

18Va

18%

21%

21%

20'%

19

21'%

20'%

2,100

20'%

*18%

,

2,500
800

291/8

29'%

293%

*28%

29%

*29

29%

88%

*87i/4

88'%

x881%

88%

*87

88'%

*87

88'%

99%

99%

99%

x98%

98%

98%

98%

*98%

99'%

140

16

157/a

15'%

15%

15%

15%

15%

15'%

1,100

15%

15%

41.200

100%

100%

16

16

16

.15%

16

15%

*1001%

100%

16

100%

.

3%

3%
>

44

*43

46

56%

*55%

56%

*43

3%

'v

15

16

'15%

100%

100%

100%

3%

3%

37%

71%'

7%

V

7%

"'46

*43%

46

56%

*533%

12'%

12%

36%

37

36'/a

36%

*38%

40

*38'%

7%

5

12%

12%

12%

12%

12%

12%

37%

37%

37

37

371%

37'%

3v

——25

*38j/4

25

301/a

30%

30

3Q%

30%

30%

30%

30%

30%

30%

—7.50

291/4

29%

29

29%

291%

291%

29%

29%

29'/a

293%

43

44

41%

43%

42'%

43%

43'%

44

42

38

38%

35%

38%

37

371/2

58%

60

non-cum

V

Va

40

*38%

40

36%

37

581%

58%

58%

58%

58%

66'%

*65'%

67

66'%

*65%

100

66%

66 Vz

,<

59

59

*65%

68

:■

29%

4,100

41%

42'%

27,500

35%

10,700

57%

1,200
.20

•'

x35%

37'%

36%

58%

*65%

29 3%

X57

:
"

Mobile & Ohio stock tr ctfs;

3,500

303%

30%

v

2,600

40

*38%

40

100

3,100

36'%

I2Va
36 '-V

437%

No par

Co

*381/4

40

V,.

100

55'%

12'%

*54

•;

5,400

4,300

48

*44

12%

Sugar com.No par
Edison

1,100

7%

"

V
•

••

California

10

4

3%

,

551%

12%

55%

*44

*53%

46

•

■■■:

7%

7%

55%

44

>'■

3%

V>7%.

7%

*551/4

50
50

*100'%

100%

100

16

15%

157/8

15%

100%

*29

'

7%

Railway common—No par
preferred
:
100

7

26

2,700
3,000

3%
24%

*87%

3%

preferred——
Greyhound Lines

Rico

4,400

243/4

3%

*981/2

7%

Southern

Jan
Jan

66% Feb

41

•;

109

108

5'%
3%

3%

24%

3%
25

11,100

32'%

5

.5'%

88 '/2

29%

3%

Pacific

61

5'"" "

800

99%

7%

Southern

4

31%

1,100

;i4

*871/4

*28%

3%

7

11

32%

■

*97%

1

2

11

'313/4

8%

V

5

3%

■20%

108

J

33%

400

8%

'8%

*34%

20%

19%

4,400

77'%

*13%

35

*34%

20%

3,900

26

*76

;;

8%

24%

107

com_4.50

& Platinum

preferred

Southern

35

20 ",v.

33'%

25%

V

14%

*

3%

3,100

33

•

14'%

9

:■

25

25

34

253%
77 '

77

14%

9

» 5

20%

Feb

Feb

66

8%

Porto

3%

25

*34%

5

109%

Southern Natural Gas Co

x35% Feb
x57

South

3%

3%
25

33%
25%
,

27'%

...

32%

32%

■

20

49% Jan

11

1

3

Jan

30 %

3

43%

?9

conv

Southeastern

2

307% July

16 3%

5

t;

12

Jan

44

5'%%

35%

5

108

'__

E

3%

251/4

31%

5»

14

10

preferred

5%

13

52

Carolina

32%
: >

5

'

40

.27'%

.*101

14%

■>>

8%

14

28

27 3%

8,200

9'%

9%

97%
102%

r

preferred

South Amer Gold

8%
14

31%

5

:

*34y8

^
com—20
100
4.20%
preferred
—_—100
Smith & Corona Typewriters-No par
Socony Vacuum Oil "Co Inc
—15
Solvay American Corp 4% pfd—100
South

8%
14

33

5

3%

Smith (A) & Sons Carpet Co

3%%

8%
14

.20

——.

•

-

80
91

(A O), Corp_

77%'

*77 Va
8Va

25

——No par

Sloss-Sheffield Steel & Iron—

Jan

25

7

Feb

26'%

77%

78

.'31

_-.—No par
—2
15

Oil Co,

34%

25'%

78

25

78 »

1
5

Simmons" Co—

Skelly

34'%

25

34%

24%

79

8%

w,—>—15

Simonds Saw & Steel.,

24

36

Feb

7-

34

33%

24%

*13i/4

Coalition Mines
T__
——No par

36% Jan

Dec
Dec';

12

Silver King

4% Jan
27% Jan

33%

24%

35

"J 241%
*78

1

CO

—"—

of America"

Sheraton" Corp

9

15

[

6

5

25

•

f

f

,

28

•

5% Jan

31/2 Feb

34

f

Pen

A)

Union

Shell

'

47%

28

27%

34%

—No par

Jan

26% Jan

38

11

17%

H

27%

28%

600

6

*5%

.:.

5%'

91/2
*101

27%

v'-'-.Y- 27%

28

1

Gas

1,300

"

*5'%

:
1

"

"

1,800

35%

57%,

57%

.

38

900

2,000
;>

37

37

38'%

371%

:..

'

9%

5,400

17%

37% ; 37%

*6

210

52

17%

61/4

101%

2,000

.

14%.

15%
50%

14%

60

10

17'%

37%

1

/;>■::

:•■

85'%

85

...

>;■>

50

15%'

*5%

—'—

':>•■

12%

12%

17%

371%

10%

700

;>>■';>

51

Cb_—No par

%

17,500

"91

*

37%

00

•

48%

93%

*90%

17%

51

3,300

•

48%

•

'

17

.

94

•

1

17%

Co

49

11 'A

26%

50%,

*15'%-

151/4 >

*50

50

240

11%
26Va

■

16,300

>

83%

•

*90% >91

•94

*85%

83%

-

367%

48%

93

86

*85'%

___

8

7%

11%

> IIV4
26%

48%
v

913%
*12% >13 >>

91%

12%

14% $15%
; 52 Vz

48%
•93

"

>

123%

♦91

84%

84

27

;

77%

7%

•

11%

26%

48%

93%

*471/2

200

93

*87

'

77%

>>

>

o.oUO

108

104 Vs

-

30,800

39 »/4

35%
>

3,100

91/41

9

93

.

43%

42%'

391/4
105

*104'%

.

340

112'%

"

f.

600

7,700

18%

18

112%
■•"."<

9'%

*87

>73/4

26 7%

17%

&

-

9%

v

-9%'

43%:
'

> >38%

93

>

11%

26%

100

•

■>

39%
■" 108

*87

5

Oil

1,300

53

*50"

18'%

X9

—._•

"

'

U2%-

43

10%

54

preferred

6,000

•

112%

'

43

Seiberling Rubber Cb—__.

Shamrock

4,300

-

18'%

112'%

11 >/4

17%

common."

.

10

9%

44%

54'

&

300

19'A

24

18 Vs

>

10%

v

28,900

>

*21%

23

21%

*21

17%

53

»/4

26

*22%

23

53

17%

*9%

8%

9

22%
21%"

22%

18

950

1,200

,

>

•

21%

1

Seeger Refrigerator

$4.50

18%

51/4

24

21%

of Del—L—No par

Seaboard Oil ,Co

Servfel Inc

191/4

5'/4

.310

17%.

17%'

17%

544%

Finance Co———

Seagrave Corp
Sears Roebuck

104%

"

22%

53

9%

18%

5
-100

series A_2

preferred

5%

Seaboard

89%

104%

——10

series A 5%

Preferred

*89i/a

"26%

*18%

51/4

*221/4

24

45

*43%

89%

'

19 ,v;

7,200

:

Lead

Joseph

*9%

-

St'Louis Southwestern Ry

5

27

.

5

St L-San F Ry Co com v

11

4

Feb

5

313%

r

Jpn

7

891/2 Jan
12%

Mar

35%

t

f

Apr

20'%

Feb

15%

53

No par

__—

Seaboard Alt! Line com v t c—No par

7

88

Dec

53

■

:

35%

35

45

28

>

2,400

104%

18%

27

230

5%

104%

.

181/4

8%

8%

*17%

7

19.

Jan

393% Mar

12

17%

,7

9%

'

'

17%

Feb

25^

Jan

91

251/2 Mar
I

1

18% Jan

6

'

8%
*22%

24

*22%

t

Co—100
5% non-cum preferred———100
St"Regis Paper Co common
5
1st pfd 4.40% series A_——-100
Savage Arms Corp-^
5
SchenLey Industries Inc—J——1.75
Scott Paper Go common.—_No:par
$3.40 preferred
i
No par
Scovill Mfg Co 3.65% pfdl—__100
Scranton Elec Co (The) common—5
3.3b % 'preferred ———___100

Jan

8%

211/a

26

42% Jan
122

4

90

.

.

,

25

139% May
101
Jun

8%

Royal Typewriter
Ruberold Co (The)_

3

10

x9

5%

"22%

•>.

423% Peb

Jun

161/2 July

Feb

323%

Jun

113

Feb

393%

'

21'% Jan

104%

104

3,900
.

■89%

*43 %

27%

*18%

5»/4

22%

■'

16 % Jan

18%

51/4

2

>:-■•»

-

2 6'A

18%

25

preferred-

conv

89%

9,100

4%
104

*5%

*

:

3

V

>'

25%

,_I

4%%

45

*89

■

25%

35%

18%

18%

26%

Ronson Art Metal Wks Inc,— ,'a

3.

18%

191/4
"'5%

5'/4

*43%

89%

/
5%

Shares

20%

201/e

*103

103

*5%;

5%
35%

104%' 104%

105

18'/4

5%

45
a

191/4

V

Controls com__l

Robertshaw-Fulton

7

7

18%

103

351/4

>

20%

20

1031/4

5%

*43%
*89

251/4

«;■

_No par

J

Feb
*

51

May

Dec

Corp_—

Antelope Copper Mines

Jan

22

21

Nov

8%

54

Oil

45

89;,'

20%

■>;■ 1031/4

the Week

pe. share

4%

4%

4%

5

20%

36

5 1/4

35%

'•>!$

for

Sales

Friday
Feb. IF

Feb. 10/

S per share

share

'4%

•

>.

103'A

26i/8

'

Roan

5%
361%

5'/4

89

20

1031/4

1031/4

104%

105

4%

4%

191/4

36

t per

S ap.r share

v

4%
20 »/2

*431/2

45

89%

18%
_No par

17% Feb 10

July

>.

29% July
24%

•

-

105

Rheem Manufacturing Co—

17 V4

5%

89V8

t per share

Feb. 9

' Feb. 8

20%

1031/4

36%

*431/2

—_100

series

104

36

•

; '

4%

5

211/4

5%

•

-10

series-—

"4.50%

Preferred

13

*1031/4

-

_100

—.

_—

Preferred

15%

V

—:

-1
Reynolds Spring —______t._
Reynolds (R J) Tob class B —10

26

19% Jan

105

4

17

4%
2iy4

31

85% Jan

I per share

:__2.50

5

90*

34% Jan

Jan

24% May

Dec

17

7

Jun

103%

Dec

3

5% Feb

94

•

Par,

26

103% Feb

Feb. 7

Thursday

Wednesday

Tuesday

Monday

Feb. 5

Reynolds Metals Co com—_ _No par
3%% convertible preferred —100

Rexall Drug

6

Jan

4

50

41 'A

Dec

•5%Jan
23

Jan

101

11% May

Dec

80

Jan

Saturday
4

$ per share

i

.

15

19% Feb-' 8

Apr

104%

Dec

43

4% Jan

May

29%

Mar

92

J per share

S per share

Dec

19 Vi

STOCK

EXCHANGE

Highest

>

PRICES

SALE

HIGH

AND

'

Lowest

Highest

YORK

NEW

Range Since Jan. 1

Year 1948

I per share

LOW

STOCKS

Range for Previous
Lowest

Monday, February 14, 1949

CHRONICLE

FINANCIAL

&

-68

*65%

-

t,

Year 1948

t per share
Dec

123/a

Feb

4
4

Dec

63

Aug

22.

Dec

,

'

203% May
73%

Jun

8 7% May

73

Jan

29%
30 7%

Jan

Jun

203%

Feb

7%

Dec

14

May

61'% Mar

74

May

Feb

15%

21% Aug
Nov

95

Lowest

Highest
$ per share

237% May
Jan

29i%

Jan

104

EXCHANGE

13% Jan

7

Spalding

5

6i/8 Jan

7

4'% Jan
68
21

Jan

Feb

3
24

7

Jan

7

69% Jan

.'<•

31

5

241/4 Jan

7

$5.5o preferred

(The)
1
Spiegel Inc common
_'___2
Conv $4.50* preferred—_—No par

141/2 Feb

7

16% Jan

7

Squar" D Co

23% Feb
101

Jan

5
4

26% Jan
103

Jan

21% Jan

7
4"

20

17

10

28

83% Jan

20

881/2 Jan

3

251/4 Jan

19

13
8

Standards Brands

Oct

3

Jan

4

120

563/8 Feb

11

98% Jan
109

$3.50

com—No par

Inc

—No par

preferred

Standard G & E Co $4 pref_.No par
$6

prior

$7

prior

No par
No par

preferred
preferred

Standard Oil of California—No par

53

Jun

36'% Feb

3

411/4 Jan

7

Standard

Feb

927/a jun

65% Feb

7

74 y4 Jan;

7

Standard Oil of New Jersey

233%

Nov

35

Jun

23% Feb

8

26% Jan

7

Standard

89

Oct

973%

Jun

97

4

Jan

22

11%

Feb

153%

Oct

14'% Jan

Jan

4

38

Feb

431/2 May

42

Jan

>3

36%

Nov

41% May

31 Vs Feb

9

99

161/4 Jan
Jan

24

38% Jan

7

44

.,

11% Mar

15% May

10% Feb

5

13

Jan

18

391/4

Jun

35% Jan

3

38'/a Jan

20

Jun

Feb

97

Jan

2T

23%

Dec

36% May

241/4 Jan

3

27% Jan

7<

12'/a

Feb

16% May

12 % Feb

10

14% Jan

7

88

94

Jan

6

100

Dec

18

Jan

91/3 Jan

3

10% Jan

25

15

Dec

20

Jan

15'/4 Jan

4

Jan

18i/a July

13

Feb

7

16% Jan
14% Jan

26

11%

91%

7

29'/4

Jun

16% Feb

10

21% Jan

7

6%

Nov

lli/e

Jan

6% Feb

7

7% Jan

18

911%

Dec

98% May

Jan

8

Jan

26

16% Mar

90

92

Jan

3

113%

Jan

Jan

17

117% Jan

26

9%

Feb

15% May

9% Feb

5

11% Jan

8

17%

Dec

2iy2 Jun

16% Feb

8

17% Jan

13

18%

Dec

26% Jun

17% Feb

11

19% Jan

7

43

36% Feb

10

40% Jan- 13

50% Mar

34% Mar
9

Dec

140

Mar

13%
31

T July

July

11% Mar
235

Jun

19%

Jun

Dec

81/4
;■

Dec

70% Nov
120-

441%

Jun

Nov

16%

Jan

For

footnotes

see

j>age

52% Feb
117

8% Feb

10

7

Feb

7

12% Feb

7

145

32%' Jan

4

8% Feb

10

24,




60

9% Jan

6s

Jan

11

14% Jan

12

168

Jan

7

9% Jan

5

36

3%%

Oil

-

4%

Ohio common—10

of

11

•;>> iper share

12 Va

111/4

11%

43/4

41%
*4%

1 per share

,

•

11 1/4

11%

IIV4

11%

ll'/s

2,100

4%

4%

4%

4%

4V2

2,200

4%

*4%

4%

*4%

4%

14 5%

23 5%

*102'%

Chemical

4%%
4%%

14%

25'%

251/4

7%

77%

73/4

8

;»

/

14%

14%

143/4

3,700

*233/4

24'%

24%

241/4

24

24

1,000

101%

101%

*101%

102%

102

102

14%

14%

24

.

102

.

18'%

18%

I8V4

187%

84%

85%

853/4

*84%

853/4

18% V 19 ;/
85%
853/4

22

21

21%

213%

22'%

211/4

*100

105

100

100

110

114

110%

110%

18

183%

-

"

'

84% *84%

84%

22%

>20s%

21%

106'%

106

114

114

-•

*102

X56%

373/4

36%

112

112'%

113

113%

66 5%

67%

65%

67'%

66

66%

233%

24'%

233%

24;

235%

24

-

567%

36%

98%
15

50

42

42%

42

42

35

35

*34%

*98

141/2

*41'%

35%

105%

10 3%

11

11

36 3%

37

363%

37

33

>96

99

*11

37'%

..

98

26 3%

26%

263/s

12%

12%

12%

9%

9 3/4

91/2

b /

00

233%

24'%

98

250

16,800
500

1112'%

36%
'

14%

98%

*97%

14%

14%

143/4

14'%

42 v.

*41'%

32

*31%

42

.341%
11'%
37%

*41%
31'%
*11

37%

.

11'%
3d-

.

:.

*11

42 ..."

99

>26%

26%

26%

12%

127%

121%';

>>91/4

9'%

93%

32

>;

373/4,

200

7,500

263%

267%

12'%
■

12%

2,600

:9'%

9'%

3,300

16

16

16'%

16

16

16%

16 3%

16

16

13

13i%

13

13i%

13

13'%

13

13

13

1

17%

17%

17'%

179B

17'%

17%

16%

17'%

16%

>v

600

13

17%

16 7%

common..

pfd

Inc

of California

Superior Steel Corp
Paper Co
Sweets Co of America (The)

1

6 3%

'

6%

*92

93%

..No par

*52 s%

•53

100
1
25
25
—12.50
:__10c

*117%

No par

25
50
10
4.16%

118%

9%

10

*173/4

18

177%
*38

8 5%
150

133%
*34

83%

6%
*92

52%

*1173/8
93%

*161% >16 %

118%

6%

6%

6%

93%

*92%

93%

523/4

52%

52%

52'%

52'%

521%

521%

*1173%

1183%

117%

117%

*117%

118%

*117%

1183%

10

97%

23,800

•

61/2
*92

10

9%

17

16%

63%
93%

10

163i

6%

*92

97%
16%

6%
93%

10

163%

6%
*92

9%

*16%

10

177%

177%

16'%

18

18%

18%

18%

18

39

36s%

38

36%

367%

*367%

377%

36%

37

8%

8%

8%

8%

*8%

145'%

145i%

83%
150

8%
145

87%
146

13%

12%
34

34

*12%

13

34%.
8 7/«

8%

4,000
30,000

523/4

63%
93'/2
53

16%
18'%

17

500

9,300

97

13%

common—.-.

Biscuits

500

>./.

tl'%

121/2

9%

600

42

11%

"*96

26%

12%

/

.,

11'%

lli%
98

91%

200

9,600

*41 '/a

v

377%

26%

i>98

8,800

14%

*31%

12%

99

44,000
v

98%

141/4

33

93%

93/t

/■

16,100

21,700

*97%

37%
>.

2,400

-

"

>"■

24'

237%

r

37

66'%

65%

98

98 '/a

13)600

22%

563% V 57'%

•

V2

24'%

,

26%

26%

12 3%

24'%

t

6'8

67'%

98

*96

""

98

>

.

853/4

*111

37 5%
•

•

■

101'%

85%

4

36%

20

18'/a

21'%

57%

373%

58

-57'%

37

38'%

.

101%

101

•

60%

x36%

61

>

...

xl8'%

.

22'%

101

104

57%

59%

,38%

60

3.40

68

14%

68 V4

*1013%

68

68%

15

673/4

24

102 3/i

6,300

73%

7%

>v8- ;>•/>

7%

251/4

25%

67

67%

14'%

-147%

*23V4 .-24.
102'%

'•

7%

25%

25'/a

253/4

251%

67

69

1,600
5,300

16%

Sunshine Mining Co

Superior Oil

7%

20

21

'.-y;; 21

26

100

•70

*67%

'•

21%

13'%

preferred series A
preferred series B

Sutherland

25%
*67%;

21%

16

Sunray Oil Corp common

Sunshine

21'%

»

71

*69

701/2

*21%

14%

(The)

Corp

Class A 4% %

-18'%

*68%

2i'/8

>

-—No par

$4.50 series A preferred
Sun Oil Co

18

70%

21%

*97'%

Inc

Stone & Webster

Studebaker Corp

102%

*68%

15%

Sterling Drug Inc common
3%%
preferred
:

Sun

233%

69%
21'%

98%

1
5
:—100
Stevens (J P) & Co Inc
—15
Stewart-Warner Corp
5
Stokley-Van Camp Inc common—1
5% prior preferred
20
Stores

Bros

15

69%

No par

Starrett Co (The) L S
Sterchi

8

693%

..

Shares

4%

•

21

14%

preferred—

convertible

25'%

77%

681%

for

the Week

$ per f hare

*4%

4%

5

,

1 per share

11%

4%

*96'%

100
Steei Spring common—_1

preferred series A__

Standard

18

32% Mar
•

25
25

Indiana

of

Oil

Feb

69»%

367%

.22

25%
V ::

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

13

Jan

67% Jan

Oct
Jun

109% Jan

22

5
1

:

70%

*69

Sperry Corp

'6

18'% Jan

73'

Sons

Spencer Kellogg &

4%

:.

No par
—_—1

,—:

3

8% Feb

17% Jan

121

1

Spear & Co common

Feb

27% Jan

Jun

1097%

43%

*4%

70

3

Jun

Feb

4%

5

8

71/2 Jan

91'/2

Jan

4%

Jan

25'% Feb
64

27% May

Feb

12 1/4

4i%

Sales

Feb. 11

•

Feb-. 10

Feb. 9

"

291/2

541/2

*12'%

.;>>>

Friday

Thursday

Wednesday

Feb. 8

$ per share

1
No par

Sparks Withington.,—

Oct

97%

Feb. 7

I per share

Par

7

HIGH SALE PRICES

Tuesday

Monday

Feb. 5

(A G) & Bros Inc

Feb

4% Feb

Nov

86

Saturday

«

$ per share

$ per share
11

17%

Dec

'

STOCK

NEW YORK

Highest

»

79%

19%

LOW AND

STOCKS

Range for Previous
Lowest

:

8%

34

*8%

13'%
34
8 34

150

*127%
34

*8%

150

133%
34

8%

*149

*127%

34
83%

8%
150

93/4

3,200
3,300

17

'*16%
*36%

157'%

8%

8%

*144%

1473%

1,100

173%

3,300

18

1,400
'

4,100
600

13

127%

127%

800

34

34%

34%

600

*8%

81/2

700

8%

Volume

169

Number

4777

COMMERCIAL

THE

NEW

•>.< *

Range for Previous

28 'A

Range Since Jan. 1
Lowest

Highest

I per share

$ per share

Dec

NEW

Highest

36%

Jan

28% Jan

4

32% Jan

22

Jan

8% Jan

3

11'A Jan

8

Feb

2§

20% Feb

7

24% Jan

7

79

Dec

Jun
91
Aug
'7% May

82

Jan

7

88% Feb

4

4% Feb

8

5 'A Jan

7

Swift

&

3%

■"11% May

52

Nov

15'A

Nov

10%
21

20%

20%

88%

86%

87%

87

87

4%

4%

4%

$4

Ltd

preferred

^_No par

Gould

10% Feb

2

Talcott Inc

4'A Jan

7

Telautograph

17% Jan

7

Tennessee

67

49

55

Feb

10

13'A Feb

5

Corp

7

Texas
Texas

Gulf

9

71 'A July

58

Jan

4

61% Jan

7

Texas

Gulf

25

18% Feb

11

23 7A Jan

7

Texas

Pacific Coal

Texas

Pacific Land

Feb

48 'A

Dec

40

3

Texas

10%

Dec

65% May
20% May

9% Feb

8

11'A Jan

7

Textron

xl4%

Dec

24

14% Feb

9

15% Jan

22

5%

May

7

May

Feb

43'A Jan

8-

33% Feb

46

7

Jan

Sub

share
&

14

14'A

11,000

58%

58%

4,700

19

18%

18%

34%

35%

33%

35V'8

33%

34

33%

34%

34

34%

34%

35

,

11

Jan

6

Thomas

8% Feb

1

Thompson
Thompson

39%

Feb

59 %

May

85

Feb

95'A

8

Jun

1% Mar

4'A

19% Mar

19%
95%

Mar

Dec

10

45% Jan

11

89

5

7

Jan

13

9

3% Jan

11

29'A Jan

Feb

431/2

43%

42

41

41%

41%

40%

40%

40

40

1,200

10'A

10%

10'/a

10%

9%

10'/8

10 %

10%

10 '/a

10%

10%

10%

6,300

14%

14%

14%

14%

14%

14%

14%

14%

14%

14%

14%

14%

1,100

5%

5%

*5%

5%

1,700

*26 'A

2 7'A

26%

26%

*13

13'A

11

Jan

3

104'A Jan

16% Feb

11

20% Feb

39% Jan"

4

19

100

Detroit

4

Timken

Roller

Dec

13%

Jan

10

Jan

Nov

22% Mar

10

Jan4

15'A

Nov

23 3A

Apr

15% Jan

19

10"% May
107% July

6% Feb

11

7% Jan

7

98% Feb

10

102% Jan

4

Feb

7

15>A Jan

13

19% Jan

3

21

34

5'A

Feb

96

Nov

12'A Mar

19%

17% July

25% Mar

12

Aug

11'A Jan
13

7

Jan

20

16% Feb

4

Jan

6

Truax-Taraer
20th

Dec

36%

Jan

32% Jan

6

92

Jan

100%

Jun

98% Jan

13

99% Feb

2

4% Jan

3

6% Jan

25

Jun

8% May
32% Jan

Feb

11

27% •Jan

24

5%

Dec

14'A

5 % Feb

.11

6% Jan

7

Twin

Dec

24

5%

25

Jan

18

Jan

6'/a

6%

19%

19'A

5%
*26%

13%

13 ■"

:

35%

5%

6

5%

*35%

5%

>

26%
13

*13

200

13%

200

2,900

5%

5%

5%

5%

*35%

36%

36%

*35%

36'%

10

5%

5%

2,200

18%

18%

900

43%

41%

88'A

*87'A

3

10

com.

22

;

5

conv

preferred--"
preferred

No par

preferred

&2%

2%

22%

2%

25%

50

2%

2,900

24

24

;

22,700

"500

20%

21%

103%

103%

'450

16%

16%

7.100

42

42%

41%

42%

41%

42

41%

42%

3,700

10%

10

10%

10%

10%

10%

10%

9,900

10%

11%

11%

11

11

3,100

10%

10

10%

10%

11%

10%

17

16

16

■

10

11%

6%

104 *

17

*15'A

6%

100

104

11%

*15%

6 %

6%
99%

10%

16%

'"6%

99%

100

22%

104

17

*15%

6%

l'OO

•21%

104

98%

15%

*15

100

24,100

6%

6%

99

98%

98 %

6%

190

12%

12

12%

12

12%

12%

12%

12'A

12%

12%

12%

6,000

20'A

19%

20'A

19%

19%

19%

20%

19%

19%

19%

19%

10,600

33 %

33%
100

,6

6

6

27

26

26

33

6

*25%

1

*

331/4

331/4

*99

par

'—50

:

2%
*24

12%

No par

prior

3

25%

20

com—No par

City Rap Transit com__No

100

2,400

88%

17%

10%

6%"

8%
40'A

*87iA

•16%

10

100

*8

39%

87%

17%

43

6%

8%

40%

87%

16%

42%

100%

*8'A
40

16%

42%

6%

8%

19

88

2%

104

16%

100'A

5%

*18%

41%

*24%

22%

104

17

1

.

22%

104

16%

*16

*8"

40%

3

17%

No par

common-.

22'A.

5%

19

*87'A

25

42'A

2

8%
41%

25

17

:„No par

:

22

104

104

i;:

19

88

*2%

25%

24%

22%

103%

8%

3

3

3'/8
2'6

26

8%

*8%

5%

.5 %

19'A

43%

5

Corp

6 %

*19

*87'A

Corp

Co

6'A
19%

8%

No par

Bearing

prior

5%
26%

*13

6

35%

8 81/2

$4.50

cmv

37

*351/2

43%

__No par

Coal Co

Coach

37%

5'A

26%

13

;

*8%

$1.50
Twin

6

%

5%
26%
.

42%

com__No par

Century Fox Film

31%

4%

Co

preferred-

6%

6

6'/8

Transcont'l & Western Air Inc
5
Transue & Williams Steel—No par
$6

13

*87 'A

Axle

Tri-Continental

*5%
26%

13%

100

preferred—'

Transamerica

5%
26%

No par

com

;

Tide Water Associated Oil

$3.75

5%

*19'A

15

preferred™

cum

'■<

'

;

Products

40

26%
*13

6

*35%

50

Corp__No par
(The)
1

Co

(J R)

Timken

9%

19

Steel

8

Feb

prefeired-

preferred
Thompson-Starrett
$3.50

6

l

Transit

10

Jan

43

>

common...

4%

8

8

25% Jan

103

,

21

2% Feb
24

3?% Jun
104% July
23% May
55
May

Jan

17
40

39% Feb
" Jan

Nov

20

3,

86

Jan

31'A

Feb

Jan

8,200

15,800

50c

—

42

,

.

No par

Thermoid

18% Feb

26,400

14%

19

Jan

500

49'A

49

59

6% Jan

Jun

49%

%

11

10%

49

13%

5 'A Feb

24

50%

18%

Dec

Oct

49%

58

5'A

Apr

50

14%

Thatcher Glass Mfg Co common
5
$2.40 conv preference^
No par
The Fair —:
:
No par

7%

49%

19%

11

19

50%

1,500

59%

Ry Co__

conv

491/4

700

■

4

16 Vs

14%

26

div

49%

10%

3%
*15%

Trust—

preferred

Avenue

16'A"

4

58%

Jan

$2%

4%

16

,

Xl8%

Jan

Third

10 'A

10%

*4

16%

■

14'A

13

7

,

16%

4'/e

19 'A

29

8

•

16%

59%

7

7% Jan

<

4

16'/a

•4

13%

3

37% Jan

*10

16%

18%

5

3

10'/a

16 1/8

4

5 9 '/a

5 % Feb

11

10%

4'A

16'A

14%

12% Jan

5%'Feb

10%

*3%

16%

19

26'A Jan

35'A Jan

3,700

59%

Jan

Jan

140

4%

18%

Jan

Apr

4%

13%

14 %

13'/8

10%

87

••88

4%

59

15% May
10% May
47%

6,700

13%

46'A

Dec

15,500

2i%

19

Dec

Dec

4%

10%

3,000

•9%

78

60%

Dec

6%

87

*8*

4%

29%

9%
2l

-,a

18%

Apr

34%

87

4%

29 %

9%

21

13'A

common

Co

30

9%

>2xV|b

59%

12%

8

*86

4'A

2°%

9%

21%

20%

Shares

i

25'A

6% Jan

29%

9

10%

49%

1

Pacific

conv

29%

29%

9

fo»

tbe Week

10

Oil

&

ctfs

Inc

$1.25

29%

Sales

Feb. 11
J per share

No par

Producing
Sulphur

Feb

*10%

10%

4
.

—25

:

Nov

45%

10%

5
5

19

29

29%

Friday

Feb. 10

•

Corp

47

Oct

4%

29%

Thursday
I per share

1<

;.

(James)

Co

7

.

29%

*87

1

Corp

17% Jan

Jan

J per share

10%

3

-Jun

$ per share

20%

10

25% May

$ per share

t per share

11

Feb

8

Feb. !>

21

Symington

PRICES

SALE

Wednesday

103A

3% Jan

10% Feb

Jun

HIGH

Feb. H

Tuesday

20%

16

5%
•

AND

Feb. 7

29%

,19% May

Dec

14% Mar

LOW

Monday

Feb. 5

25

International

T
•

RECORD

Saturday
,

Co

(719)

Sylvania Elec Prod Inc com—No par

Swift
>

CHRONICLE

.

'

Par

25

Dec

9 'A Mar

STOCK

z-;."-'

STOCK

$ per share

$ per share

8%

:

YORK

FINANCIAL

EXCHANGE

17'A

4% Mar

YORK

STOCKS

Year 194X

Lowest

&

6

*99 Va

100

*33

34

*5%

*33

34

*99%

100

6%

251%

5%

*6
*25

25%

:*&&

5%

5%

*99%

*6

6,%

*25

5%

33

34%
100

*99%

6'A

*25

5%

5%

6

i

*991% 100

25%

-

•

5%

33

5%

600

25

25

5%

600

100

5%
5%

140

5'%

3,100

U
9%

Dec

39

■12

Jan

8% Feb

7

9% Jan

6

Udylite Corp (The )i—i__;
Underwood Corp
;

8%

8%

9

8%

8%

2,000

No par

42

42

41%

41%

41

41%

41

41%

42

42

41%

421%

2,100

5

11

11%

*10%

10%

10%

10%

10%

10%

10%

11

10%

10%

Bag & Paper

No par

29

29'A

27%

28%

27%

28'A

27%

28%

28

28%

27%

Carbide

28'A

8,300

No'pai

38 'A

38%

37%

38'A

37%

37%

37%

37

37%

36%

37%

34,000

109%

110 %

*109%

IIO1/2

110%

Dec

59'A

Jun

40

Jan

3

46

9% Mar

16'A

Jun

10% Feb

8

12% Jan

T

Union

Asbestos

27% Feb

7

31% Jan

7

Union

42

7

Union

27%

Feb

37%

Nov

39% May
43'A Nov

Jan

12

36% Feb

11

103'

Oct

110

Jun

107

Jan

6

91

Feb

98

Jun

94

Jan

13

80

Nov

90

Jan

86% Jan

7

90'A Feb

2'

38% July

25% Feb

11

30'A Jan

7

Union

Oil

96 %

82% Feb

10

89'A Jan 21

Union

Pacific

21%

Feb

79%

Nov

•

July

Jan

110% Jan
94

11

Jan

&

&

Un El Co of Mo

Rubber
Carbon

pfd $4.50

$3.70

series

$3.50

series

—NO par

50%

51%

51%

51%

50%

50%

51

51

36%

351/4

36

35%

35%

35

35

*34%

22%

22%

22%

22%

22 y2

22%

22%

43

22%

*107'A

108%

108

*1071/4

Aircraft

5%

convertible

Jan

18

9%

Nov

19 Va

Apr

10% Jan

5

13% Jan 21

57%

Nov

3

68'A Feb

Jan

9Q 'A Mar
28 Va Oct

61% Jan

19

19% Feb

8

22% Jan 26

•'5

Feb

9.

6'A

Dec

15'A

Jan

27%

Feb

38%

Dec

Feb

36

29

2%

Nov

41

Dec

,

33

12'

Feb

10

July

29% Jan

3

2% Feb

9

3 'A Jan

7

41'A Feb

10

38% Jan
'

18

30% Jan 28

Air

4%%

Corp

Lines

Biscuit

United

Board

United

preferred—

17

2% Feb

2
1

May

4% Feb

8

5% Jan

62'A Jan

3

65

Jan

7

preference
United Dyewood Corp
7%
preferred

18'A Feb

7

22% Jan

3

United

36% Feb

20

4%

Feb

9

82'A

7:

11%

68%

*66%

69

*20

21

20%

20%

19%

20 %

*19%

20%

5%

5%

common

Feb

28%

Apr
JUn

Jan

f

46%

Jun

10

39'A Jan

United

48

Feb

Engineering & Foundry.:

<

.58% May

50

Feb

11

52"% Jan

6

United

Fruit

18%

Dec

23

18% Feb

11

19% Jan

7

United Gas

Feb

11

Dec

?21% May

11

12% Jan

7

United

Coal

43%

&

33%

33%

*28

31%

2%

2%

42% -43 'A

*42%
2 %

2%

2%

43%

43%

43%

1

*4%

5%

4%

4 7/8

*62

100

Mfrs

19%

64%

*62

19%

*

:

33

5%

33%
31%

2%;

*4%

;

2,600

2%

;

10,600

41%

'

31-

*40%

2

%

2%

*62

18%

*T8Vi

18%

6,600

4%

*62
;

230

32,000

43

*4%

64

18%

2%

43

5

63%

18%

4,400

33%

2%

41%

1,800

5%

33'/e

43%

.

300

20
.

*28

2%

2%
43

4%

*63

5%

*29

43'%

*4%

64 %

.

18%

19

18%

1,000
14,700

200

64

18 %

18%

36%

36%

<•1,600

37%

11%

37%

37%

37%

37%

371/4

37%

36%

37 VA

51%

51 'A
*19

1

*4%
*62

108

50%

51%

50%

51

50%

50%

50%

.50%

50

50%

19%

*371/4

5

_No par

Inc

64 %

-18%

8,700

20
•

5

41 %

42'/a

2%

43%
5

.

42%

43 'A

2%

1,100

23%

68%

2%

43%

2,200

35

11%

2%

2%

51

11'A

31%

44%

51

*66%

2%

2'A

5,800

67

20

34

8,400

83%

11%

*28%

2%

26

82%

11%

■v

60

251%

1

67

/

/

5%

34

31

2%

11%

,

'43%

Cos———5

i'_:

&

34

33%
*29

2%

5

5

Improvement Co—13%

Merch

34

42%

6 io

5%

32

2%

11

1

;

16%

11%

34 .'
*29

par

•

6

*5%

10

com—30c

common

Co

108

11%

*66%

37%

May

108

11%
66%

$3

Electrifc

107%

11

66%

$3.50 convertible preferred—100
United Corp

*107'A 108

11%
67

No par

44% Feb

2'A Jan
41

108%

11%
67

Corp„No

Stores

44'A Jan

47% May

*107%

10

Corp__

Co

Fastener

3

3% May

Dec

23

22%

No par

Carton

Cig-Whelan

36

100

common-

Co
&

Carbon

United-Carr

51%

5
100

common-

Inc

3

Feb

:__50
No par

preferred

United

Unite

preferred

Car

Jan

2%

Dec

■7% Jan

non-cum

United

4

5% July
if)5
• Jan

*39%
60

'

83%

36'A

United

24% Jan
108

26%

82%

51%

7

7

26'A

83%

•36'A

Union

•8

27

83

82%

21

Feb

26%

.26%

82%

5

Jan

89%

26'A

com

90

97

*88%

83

Co

1,600

IIO1/2

*93

89%

27'A

51% Feb

22 %

*109%

97

*88%

26%

36% Jan

107

110%

*93

89

821/4

3

Jun

*109%

97

89

84%

15

30% May

110%

*93

v

27%

48'A Jan

110%

90

27%

34% Jan

•

97

*88%

83

51% July

Dec

*93

89%

50

4i% Jun

Nov

97

89 3A

89%

,38

25

Sep

Tank

*93

97

89%

*8%

RR

Jan

4%

*93

9

California-—

of

31%
22%

*110% 111

No par

Preferred

9%

9'A

No par

ser

Preferred

13

45%

103 y4

.A—1

Co

19

19%

*18%

19

19

19

19

19

18%

i8%

1,400

11%

11%

11%

11%

11'A

11%

11'A

11%

11

11 Va

9,300

11%

1,000
•

11,400

"

Range for Previous

I per share

16%

Feb

89

Feb

15%

Feb

92%

Feb

166%

Nov

8

Dec

54%

Dec

19'A

Dec;',

4%

Dec

17%

Dec

11%

Sep

Range Since Jan. 1
Lowest.

Highest
t per share

$ per share

YORK

LOW AND HIGH SALE

STOCK

Saturday

S per share

Par:

18% Feb

11

23

Jan

7

95% Jan

4

97

Jan

14

16

Feb

8

17% Jan

8

U

S

1st preferred
Freight Co

97

Feb

11

104 'A Jan

20

U

S

Gypsum Co

Feb

2

113%
179

Jun
Jun

.175

,17 % May

V/76

;

Jan

10

7% Jan

4

178

;8% Jah 24

Jun

42%
8%

53% Jan

57

Jan

19% Feb

21% Jan

21'A

Jan

4% Jan
17% Jan

21

Jan

11% Jan

13% Jan

7%

Dec

9% May

Feb

.53»/4 July

Jan

.58

22%

Dec

37% May

86

Dec

37%

Dec

71/4 Jan
43

5'A Jan

19

U S &

Jari

7

14

7%
U

S

Feb. 7

No par

Leather

U

Lines

S

41/2%

7% Jan 26

99%

100'A

100

176%

176 Vs

Co

5

8

8

*55%

No par

19%

100

2,400

1

13'A

13%

13

13%

13

13'A

13

13%

12%

13 'A

13

13'A

6,900

10

*7%

88 % Feb

-

7%
,

461/4
61

22%

7%

*7%
44

19%
4%

•

*7%
43

19%

v

*4

-

59%

21%

21%

Nov

58%

Jun

63%

Dec

72

Apr

87%

Oct

67% Mar
129% Mar

39% Feb

7

'64% Jan

13

69

Jan

3

78% Jan 27

135

,

140% Jan 26

45% Jan

12

Feb

10

70

140%

Jun

Jan

5

17%

Feb

19%

Jan

18% Jan

4

21

37

Nov

42% May

38% Jan

3

43

Feb

4'A Mar

6% May

4% Jan

25

5

Jan

12% May

8% Jan

3

8%

Dec

85%

Dec

98'%

Jun

83% Feb

Dec

6'A

Jun

2% Jan

4

3

100

*86

10

39 Vs

preferred—100

*128%

88

40

129%

87'A

*85'A

*85%

38%

39%

38 %

127%

128'A

127%

*851/2'

*39

$6

Dec

34

Jan

21

Feb

8

16

Feb

20

Jun

15% Feb

11

17% Jan

7

4'A Feb

11

5% Jan

10

17

x20% Jan

Mar

19

Feb
Feb

150

10%
23'%

17d

Jun

Jun

19% Jan

42

May

160

Jan

15

Dec

15% May

7

Feb

10

Dec

71/4

70

May

43% Jan

3

Oct

22'A Jan 24

10

Feb

1

8'A Jan

17

48

Jan

27

24

Jan

7

165

4%

Co

8 7'A

87 'A

100

39'A

,8,700

39

39%
128'A
•'

t

•

38%
128

39%

128%

38%
128

300

2,500

128

590

1

401/4

40%

69

'69'A

69'A

70

70

71%

73'A

71%

72%

711/8

71%

71%

72%

71%

'.721/8

70%

71%

137%
' 20 %

137%
20%

137%

137%

136'A

137'A

136V4

136%

136'A

136'A

135%

135%

1,400

20%

20%

20%

20%

4,200

43%

43

43

25

*43

1

No.par
common

2

50

43%

3%
*21

3%
22

4%

Tobacco

com_No par

—100
Inc

com

preferred

1

100

20%

-4%

*4% ■'4%

4%

85

20%
*163^

20%
168

*69V4

43

*8%

4%

Pictures Co

20%
43

9 %

1

preferred

20'A
43

4%

Universal

Laboratories Inc

20%

9%

*81T

40'A

9

*80

*79
'

3 '••••'
*21

•

16'/B
*4%-

3'/a

20%
*43

•

'84

.

42%

69%

•70

*4 %

8%

8%

84

411/4

41'A

•

43

*4%

'

16%

4'A%

87%

41

No par

com

Paper Inc
preferred

Leaf

87%

39%

16'/a

8%

87'A

-

69

1

Universal

21'A

41'A

Universal-Cyclops Steel Corp

Universal

21

No par

common

preferred

conv

21%

59

69

preferred
Stockyards Corp

conv

21%

*58%

41'A

non-cum

United Wall

Jan

2,400

59

128

*

128'A '

7%
45

59

22

22

87%

1,900

68%

preferred
Tobacco

*7'A
45

19%

100

Steel Corp

7%
U S

45%

*

50

United Stores $4.20 non-c 2d pfd—5 A

22

4

S

7%

*7%
A 44 %

""'60

19%

5o

com

preferred

7%

85% Jan
4

U

7%

4%

'

common

Smelting Ref & Min

7%

United

9% Jan

4

2%

Feb

U S

19%

*4%

45%

45'A
*58

"

19%

19%

*7 %

44%

59 ""

22%

21%

-

7%

46%
61

•

*591/4

-

<*1

371/4

2,300

.

4%

22"%

1st

190

•8%
58

18 'A

1

non-cum

175

4 'A

U

8%

8

*55

18'A

7

21

175

8

58

•

18%

251/2 Feb

Jan

175

8

*55

18

11

133

175

8%
58

4%

Feb

4

•

18%

common

Co

176

A

'/2

preferred

Rubber

*8

*55

18%

Pipe & Foundry..
Playing Card Co—
S Plywood Corp common
3%% pfd series A
S

*175

8

58

■

4,900

18'A

*59'A

U

175

8

*55

130

500

98%

18%

*46

1

175

8
58

97

19%

10

26

99%

13,400

17

•*4%

20

Jan

99

100

99%

.

"

176

7%
*55

100

19%
97

4%

S

43

99%

18%
97

*16%

19%

U S

Z

*175

T

16'A

18'A

4

7

100%

19%
98

16 1/4

19%

28

7 7

18%
*96%

10

18'A

% Jan

Jan

19%

96%

16

Shares

*4%

59% Feb

38% Feb

19%
96 34

16%

for

the Week

4%

8

123% Jan

■

19%
97

16

Sales

share

18%

87

May
49% May
137% Jan

19%
96%

$ per

19%

21

'94

19%

Friday
Feb. 11

4%

12

U

Feb. 10

I per share

18'A

-

Feb

49

Thursday

S per share

No par

_No par

common

class A

52% Jan

July

58

4 per share <

17

99%

com

PRICES

Wednesday
' ; Feb. !)

Feb. 8

97

*16%

100

U

Co

19%
,97

16%

20

Industrial Chemicals

conv

98

16%

common

U S
S

201/2

19 %

*96%

•

Tuesday

$ per share

No par

preferred

Partic &

,

tpershare

No par

preferred
Hoffman Machinery

4Va%

21

29

Foreign Securities

$4.50

Jan 27

Jan

.36

Monday

Feb. 5

EXCHANGE

Jun

24'A May

49

Dec

NEW

Highest

.

32% May
101

39%

121

'STOCKS

7'

Year 1948

Lowest

4%

8%

8%

*79

'

*79

84

42%

20%
*43

42%

4,800

1,100
51,200

150

43%

4%

*4%

8%

70

;

*4%

4%

100

8%

8%

8%

1,600

84

*78

83%

'

3%

3%

3

3%

3

3'/a

*20

22'A

*21

22%

*21

22%

16'A

15%

15%

*15%

15%

16

4%

*41/8

4%

*4-'A

4%

22

'

21"

20'A

20'A

162%

162%

*20%
'*160

71/8

71/4

7%

3%

3.1/8

-21

201/4

20

"

*160

164

4%
20%

20'/a
164

*159

16

4%
20'A
162

4,400
100

15%

15V2

800

41/4

4%

1,100

20%
161

20%

800

161

20

'

7%
*471

71/4
47'A

47

.'

47

*46

■

7%

7'A

46%

7.1/4

*46

46%

20

20%

7A
46

7'A
46

*7%

*43%

7%
45

-

3,000
40

V
14%

Feb

27%

19% Feb

11

9%

Dec

151/2 May

9% Jan

3

21%

Feb

26"% May

22% Jan

3

'

24

Jan

27

12'A July

15'A May

11% Feb

11

r

13% Jan

6

19'A

29'A

20

Jan

3

'

22

Jan

87

Jan

6

89

Feb 10

85'A Jan

5

90

Feb

Dec

85%

Dec

94

86

Feb

95

For

footnotes

Jan

May

,

Jun./
see

page




24.

-

11% Jan 20

26

1

Vanadium Corp of America—No par
Van Norman Co
2.50
Van Raalte Co Inc
10

Vertientes-Camaguey Sugar
Vick

Chemical

Co

19%

20'A

19%

*10%

11

10%

*22%

23

*22%

20'A

19%

20

10%

10%

22%

22%

Co__6%

12%

12%

11%

12'A

11%

12

2.50

20%

21

20'A

21'A

21

Vicks Shreve & Pacific Ry com_100
5% non-cum preferred,.
100

*

10%

23

10 %-

*22%

20

20%

10%

*10%

10%

23

*22%

23

19%
10%
*22%

11 %

11%

11%

11%

21

21

21%

21%

21%

*21

-

11%

19%
10'A
23

2,500
400

400

11%

3,100

21 'A

1,100

*89

93

*89

93

*89

93

*89

93

89

89

*87

89

*89

93

*89

93

*89

93

*89

93

*89

92

*88

92

20

23

!*

S

24

'

'

'

J'

.

(720)

■

<

'

.

if*rft *

'I

fl •

1

H'"'

tnr'\

'

V,>

/

'*

'■•

•

" '*

•

'<

*

NEW
Year194K

• per share

32%

t per share

Dec

85

Oct

48 %

f per

Jun

91

Apr
147/b July

38V» Jan

7

Jan

Jan

93

11'A Jan

24

3
3

Jun

117 Va Feb

9

Jan

117 Va

118

6%

div

com—No par

partic preferred—

<'102

10
100

lg

117

5

Jun

14 Hi Jan

3

20

Jan

19

Va Iron Coal &

pfd

25

28 V*

Dec

38% May

30% Jan

4

32 % Jan

12

Virginian Ry Co common
6% preferred—
Visking Corp (The)
Vulcan Detinning Co common

25
25

Nov

34% May

30 'A Jan

3

32% Jan

39 'A

Apr

25% Jan

4

27 Va Jan

U

32 Va

Jan

25

Jan

3

27

Jan

.

8

Dec
Dec

13

7%

13

Jan

31

'

"

'

.

*

(

Coke 4%

20

Apr

32Hi

Jan

30 Va Jan

24

57 Va

Aug

66

Jan

58

Feb

7

60% Jan 28

Wabash

RR 4%%

12%

Dec

15%

Jan

12% Jan

4

13 Va Jan

Waldorf

System

fl *

, ,

*116%

117%

117%

117%

700

117%

16,000

16%-

16 %

290

117%

190

20

*19

20

31%

*30%

31%

1,100

32

*31%

32

2,100

31%

31

31%

*30%

31%

31%

31%

31%

*25%

26%

*25%

26%

*25%

26%

200

25%

25%

*31

*25

26

*25

26

*25

26

100

*30

31

*30

31

*30

31

*57 Va

31

31'/a
31%

26

26

251/4

25%

*25

31

*30

31

58%

*57%

*29%

5,800

105

104
117 %

19%

1,700

,

./ 9%

8%

,

16%

117%

19%

*19

31%

3i

106

16%

16%

117%

20

*103%

105

16

117%

9

Shares

96

*93%

96

8%

9%

105

16%

*19

20

*19

9%
108

16

16%

*93%

96

the Week

34

33 Hi

35%

35 Va

35%

9

for

Sales

Friday
t per share

t per share

share

I per

35%

*93%

26 *

*23%

'l

Feb. 11

Feb. 10

Feb.!)

31%
31%
27

26

*

'*1

,

Thursday

Wednesday

95%

8%
*105

106

15%

20

31%
31%
<-26

5
20

preferred

29

16%
117

»

HIGH 8ALB PRICES

36%

*93

9%

8%
*103%

108

'

Monday, February 14, 1949

$ per share

35%

35%
95%

*93

95V2
9%

20

114'A Jan

23

35%

36%

*93
9%

100

Dec

24%

,

Feb. 8

t per share

I per share

'

AND

Feb. 7

com

Virginia Elec & Pwr Co
$5 preferred

15Vt

25%

'Vt„

,,

Tuesday

Monday

*35%

100

Va-Carolina Chemical

21

4

124% July
13% May

Par

preferred

3%%

21

Jan

16% Jan

8 % Jan

Nov

'V^ •,-',"\i|1'.

-

RECORD
LOW

.

24

*f\

'*•

' •'l' ' *" V ' *■ 4.V

W

'

Feb. 5

Victor Chemical Works common—5

26

15'/a Jan

Feb

14%

29%

'

''

Saturday

1 per share

11

99 Va Jan

93

109

't

'

STOCK

EXCHANGE

Highest

share

23% Feb

96%

7 % Mar

YORK

STOCK

YORK

NEW

Range Since Jan. 1
Lowest

Highest

1

-

STOCKS

Rang e tor Previous
Lowest

'•

'

\

THE COMMERCIAL & FINANCIAL CHRONICLE

//'..

.......

31%

25%

W

100 %

Jun

105

Apr

x27% Feb
102 Hi Jan

19

27% May

xl8% Mar

29% Jan

11

Aug

35%

Dec

28

Jan

8

23 "Va Jan

Co

Walgreen

8

105

11

22 Va Feb

12

4%

100

100

(Hiram) G & W

Walworth

No par

7

13 Vt Feb

7

15'A Jan

21

Jun

92 'A Jan

24

94 Vi Feb

3

5%%

9% Nov

14

May

9% Jan

3

10% Jan

7

Warner

Bros

Jan

25% Feb
22% Jan

1

Warren

Foundry & Pipe

18% Feb

7

Warren

Petroleum

23% Feb

25

Jan

11

12% Feb

14

Jan

24

13% May

Nov

32

xl9%

Nov

34% May

20%

Jan

12%

Dec

27 Va Aug
20% May

22

16 Va

22 Va Jan
,

Dec

16 Va Feb

17

Jan

18

12% Jan

15% Jan

25

Wayne
Wayne

3% Jan

4% Jan

22

Webster

Sep

34 %

Aug

20% Feb

27 Hi Jan

86 Va

Jail

81% Jan

84 Va Jan

24

Feb

23 Va Jan

21

15 Hi Jan

7

26% May

13%

$4

19% July

14% Jan

Jun

109% Jan

12

110%

Jan

7

Class

119 Va

Jun

114

24

115% Jan

3

7%

Apr

Jan

13

6%

3

112'A Jan

24

West

106% Jan

28

108% Jan

26

100
preferred series B.
West Virginia Coal <fc Coke—u
5
West Va Pulp & Paper com..No par

16%

Apr

22%

51%

Jun

Feb

110%

Jun

5%

Dec

46 %

24
25

7

38% July

6% Jan

19

Western

Air

3

39% Feb

9

Western

12 Va Jan

20

Western

9

29

Jan

12

Feb

24

11

4%

24

Jan

23'A Feb

Dec

74% July

63

Jan

11

68 % Jan

26

Dec

26

15

Feb

4

16V4 Jan

8

Nov

58'A
15

29%

May

30

Pacific

Brake

39%

Jun

x30 V» Feb

11

34% Jan

7

Westinghouse

Dec

33

%

Jun

22% Feb

11

27

v Jan

7

95%

Apr

93% Feb

11

97% Jan

28

Westinghouse Electric
3Vs% pfd series A

Feb

101%

Jun

99

Jan

7

101% Jan

26

91 Va

40%

Dec

25

115

7

Feb

7

48% Jan

bo'A Jan

22

89 V4 Jan

12

57%

Oct

42 V4

83

Mar

92

Jan

Feb

27%

13%

Dec

24% May

Feb

22 % July

July
Nov

28% Feb

9%
x53

126

Aug

27%

31 %

Feb

?

Motor

18% Jan

3

White

Sewing

53 'A Jan

5

54% Jan

21

8

30

Jan

12

$4

110%

114%

114%

*114

103 Va

103%

104

111

111

111%

15 Hi

15%

38%

39 Va

39%

*106%

108%

*106%

108 %

*106%

108%

10

108%

5 Hi

51/4

5 Hi

5%

5'A

2,500

38'A

38%

5,400

97/a

5,200

10%

26'A

'*64

66

66%

15Va

*22'A

25%

23%

64

64

15%

15 Hi

15

7

15 Hi

15

31'A

31%

x30'A
22%

32

31%

32

31%

31 Hi

31%

24Hi

23%,

23 Hi

23%

23%

23%

23%

22%. *23%

97

96'A

96%

95

96%

95%

9 5 Hi

94 Ve

44

9 9 Ha

99 Hi

23 Hi

24'A

*23%

25%

*23%

25%

23%

23 Hi

43%

87

87

24%

24%

*24%

87%'
24%

24 Hi

24

14%

14 Va

19 Hi

19%

14%

14 Hi

14%

14%

14%

14%

19%

20%

19Hi

19%

19 Hi

19%

19%

19%

*53%

54'A

*53 Va

54%

53%

53%

*53 %

54

*53'A

54

20

*28Hi

29%

*28%

29%

28 Hi

28%

*28%

29 Va

*28%

29%

8 Hi

8 Hi

.8 %

8'A

8%

Prior, preference
Oil
Co

8

Wilcox

9

8% ';v9

9

Willys-Overland Motors com
1
$4.50 conv pfd series A
No par

6%

6

*54%

55

*54%

55

Va Feb

Wilson & Co Inc common

No par

10%

11

10 V*

11

No par.

77%

v.

Jan

7

78Hi Jan

Feb

8

13 Va Jan

17

14

16% Feb

3

Dec

xl38

$4.25 preferred

22

12

14% Jan

Pwr Co

preferred

6%

10

Co

El

Wisconsin

18 1

Jan

131

Wilson-Jones

128

Jan

28

Feb

37%

Oct

30

Feb

11

34 Hi Jan

10

Woodward

Iron

41%

Nov

49 Hi

Jun

44% Jan

3

47Va Jan

21

Woolworth

(F

*12 Hi

16 Hi

76

76

76

76

*74%

12 V*

.1214

Co

116 Hi

6'/«

15,900

*129%

*11%
.16%

16%
*

131%

131%

*129%

131%

31V*

31 Hi

31 Hi

46%

47 Hi

46 Va

4 7 Hi

13%

13%

12%

13 Hi

12%

12%//

63%

63

Va

62 Va

63%

61%

62

69%

69%

69 Va

68 Va

68%;

129 %

31%

45

45%/

■

800

16%

*129%

131%

400

12%
Hi

131%

16

30%

307/«

45%

5,400

77

12

...

800

11 Hi

*74 Hi

77

*129'%

131%

31

30%
x45

.

53

11.

16%

>

31%

*130

2,600

53

12%

16%;

16

12%

12

16%

10

Co.

100

8 Hi

/

11%

11%

12 Hi

16

'29 Va

8

53 Va

54

11/

10

*29

;

6 Hi

6%
53

.11

54

11%

r

10

—LI00

-——

__

W)

12%

16'A

*76

6 Hi r

6%

6%
54%

10%

54%

i

;78

77%

*12

10

com..

6'A

6%

6 Hi

Hi

6,300

54'A

*53%

v+

900

3/200

20

19 Hi

<.

260

14 Hi

j.14%

14'A

13

73

24

86%

24

1
com

18

Jun

86

86

2 4 Hi1

,.1
—Nopai

Co

4.500

43'A

87V4
14%.

12 Hi Jan

Jan

42 Va
86

87

24%

1077/a

*101

44

43 Hi

*24%

87%

25

87

87

44

43%

*23 Hi

107%

*101

107%

*101

107%

43

56 Hi Jan

Jan

700

100 Va

5

18

290
900

24%

*99 Hi

*101

20,600

93%

99%

44%

23

99

99%

107%

7,900

99

100 Va

42 »A

5,500

93%

99%
*101

400

15'/a
31

95

100Hi

*99'A

10

19

63

32
23Hi

Feb

88'A

63

1,600

23'A

*96'A

53

Dec

23 Vt

65

*63

400

25

23H4

32

12

4li

24%

24%

15%

15

24

Dec

25

24

65

*64

15

15%

Va

25

24%

26%

9

*22%

24

*20

25

25'/a

7Hi Jan

Dec

••

38 Hi

11 % Jan

14%

39

<■38

TQ

q

9 Hi

11

Jan

o

'

12%

1,200

38%

X38%

11

69

1,900

10%

Feb

10

15%

15%

39%

Feb

17Hi May

107%

15%

10 HA

*21

130

111'A

"

*110

3 8 Hi

8

Nov

170

*106%

39%

6

10 %

260

105 Va

*106%

5%

100

Machine

114%

110%

*15'A

15%

15%

15%

s

;

107%

110

*106%

108'/a

*106%

30

110

114%

104 Hi

107%

10,700

105%

114%

105

10'A

No par
12%
100

com

preference

conv

*110%

114%

*106%

107

65% May

Mar

125

15'A
38%
107

Jun

12

6% Mar
51

107%

110%

114

111%

'7,300

15 Hi

110

HO 1/4

110'A

500

20 Vi

15 Hi

'

111

111%

82 Hi

20

21

103%

105%

107%
44 'A

White

;,

6,700

*81%

82 Hi

38%

*101

20

*110'A

114%

*106%

243A

21

110%
106

2,700

'15%

,.*15%

5%

24

16 V4 Jan

15% '

9%

12.50

21% Jan

15%

38%

Instrument

3

13% Jan

15 Hi

5%

Wheeling Steel

25

15%

1,800

4%
20 Hi

14 Va

21

821/4
2ft%

May

19 Hi

Feb

9

24

Jan

25 % Jan

12

Jan

23

82 Va

21;

10%

Wheeling

Jan

Mar

82 V8
21

38%

& Lake Erie Ry
100
Corp com
No par
$5 conv prior pref
No par
White Dental Mfg
(The SS)
20

27

July

80
37

*114'A

82%
21'A

5'A

pfd series B
Elec

Weston

11

26 Hi Jan

23% Feb

Jun

3.80%

Air

*110%

20Hi

21

21

21

82
21

14%

4%
20%

>

4Hi

9%

15

Feb

20%

41A"

.

38 %

*64

Nov

14'A

4%

5%

100

85%

14

4%

4 Va

No par

com

23%

14 lA

16%
14 Hi

4

39
11
26
26%

A

series

14

16%

14%

4

5Hi

Union Teleg class A.No par

Preferred
Western

RR

1,000

38'A
10%
26

2nd pfd

non-cum

2,200

16%

1

Supply Co
Maryland Ry com

Western

12%

16 Hi

*

10
..100
100

Auto

7

12 Hi

16 Va

;

5%

Inc

Lines

11

Jan

36'/a May

25%

100

preferred

4%%

9% Feb

5 Va Feb

16'A-July

22% Mar

41 Va Jan
108 % Jan

35

May

7% Mar

20

8

13

15 % Feb
38

10 Va May

Nov

34 %

17 Hi Jan

% Feb

106% Jan

Oct

Feb

4%%>

Power

4.20Vf.

12%

16'/a

16%

*111 'A UlHi
*106% 107%
16
16
39%
39%
*106% 108%

110% Jan

108 % Jan

Jun

12%

16%

14

pfd——100

81

Jun

12%

16 Va

4

114 Hi 114%
*105 'A 106

300

12%

14

No par

I

A

5,000

24%

16%

15%

1,100

18 Hi

24%

19%

13

15

No par

24%

24

18%
*23%

25

*24

24

V

*23'A
xl8%
/ *23Hi

24

19'A
23%

12%

83

80

Va

23%

*23 Hi

22

10'A

38,900

10%

19'A

12%

21'A

10

10 %

10

93

*92
10

2,400

13 Hi

13%

13 Va

7,200

8

8

*921/4'93 Va

400

19

24%

82'A

4,200

8 %

13%

13%

12 Hi

21

22 Va

22 »A

8

93

24%

21'A

com

13%

12%

21%

8 Va

93

24%

100
100

Co

8 Va

24%

18%

83'A

22%

13'A

*24

22 Vt
15%
*110% 111%

107

38%

19%

80

22%

105

22 »A

22'A

9%'" 10

21

113

100%

25

18%

9%

83
22'A
15%

1

preferred
preferred
Penn

24'A

19%

4%

Oct

103% Feb

24%

16%
14'A

Nov

Oct

9%

*103Hi

104

104

93

13'A
*92'A

400

102%

13
28 »A

8%

8

13%
92 %

9 Hi

4'A

100%

111 %

8%

8 Hi

13'A

92'A

16Hi
14

—..No par

preferred

*12%
*28

23

•

700

12 Va

27%

x102Hi

12 Va
28'A

12

104

22 Hi

8%

1

105 %

103% Mar

*103 Hi

23

14
93

5

Indies Sugar Corp.—

West Penn Elec

104

22Va

12%

-5

Inc

*103%

58%

12%
x27%

58 '/a

58

59

Va

*28 Va

13
28 Va

24%

Oil & Snowdrift com.—2.50

conv

West

114

Feb

104% Mar

xll3%

20

Tobacco

28 Va

19

No par
3

Pump Co.

Wesson

7

Nov

19% Mar

Corp-—

*12%

24'A

V

5

Knitting Mills.

Sep
Jan

26

Pictures—.

*57

12%
28'A

13 Hi
93
9Hi

1

100

Washington Gas Light Co—No par ;,>/
Waukesha Motor Co—
5 V

6% May

..

x80

■■

Baking Co common
preferred—

Ward

22

Dec

3%

8

30 Va

Dec

13

Feb

8

13

8 Hi

No par

Co

9% Jan

16% July
101

8% Feb

10% Mar

59%

12%
28%

58

60

28%
*103% 104
22%
23 Va

No par

common

x83% Mar

-

60

*12%
*28

No par

preferred

Walker

21

preferred

31

30

30 Hi

145 Va

46

45

6,500

.
■

..'./

1,800

45V4

-

12,200

Worthington Pump it
13%

Dec

25% May

12 Va Feb

■7

15% Jan

Dec

81%

60

14

65 Va Jan

25

Feb

xJan

x62

Nov

94

May

64

58

Jan

96 Hi July

70

4'

Feb

69

60% Mar

66

July
Jun

x8'A Feb

22

.Dec

34%

Dec

19%

Feb

3%
72

21

Feb
Feb

,

37

Feb

Oct

18

Feb

8

Oct

67

Feb

11

13 %

Feb

25% Feb
J /» Feb
3% *

May

xl9% May

35

Dec

'

July

6% smxo,j
May

U 74

*Bld and asked

10

Jan

Wyandotte

7
18

39% Jan
19 Va Jan

7

Jan

28

14% Jan

6

5
9

32

74

Jan ' 7
4% Jan. 15

Co

;

*69%

-

Zenith Radio Corp.—
Zonite Products Corp.
v%*
- "
"***r —

74

70

69

68

68

a

9

21%

«-

Transactions at the New; York Stock

Exchange

25%
3Va
+* *0
s

21%
•

10%
39Hi
*J8Va
70
13%

26Hi
~ /o
37/a

-:

:>

«

21% K
11
*38
39
•<
*
18%
19
" »'# 4)7Hi A 70
V
/"• 13Va 13%
//
21 *

10%

•

25% 26%
3HW 37/e
" 0
w 0

<

;

Stocks,

■

Number of

-Week Ended Feb. 11,1S49

Saturday

"Shares

1

■

>

Foreign

Bank

■

Bonds

>■«

/-

Bonds

959,680

Tuesday—
Wednesday———:
Thursday.

2,800,000

880;660

2,610,000

Bonds

$11,000

;

.

3,111,000

2,352,000

75~500

369,600

881,080

9

5,819,140*

$2,284,600

$16,009,000

$15,000

1949

1948

67

-

;

9

26 Hi-

8 Hi

xb%

27

27-%

3Hi 7

4

>.

3%.

/

,

68%

;

66 V2

190

10
600

•

1,400'

8Hi i.<

>.<;■ *8%

1,300

V - 21V# 21% V
10%
10
10%
37
'• 37 ,'4 37
18 Vi ' >,.*18% 18%t,
68HA
67,. ,,.67%

l3%H,rv-''.

'

13%

•

2,300
V 500
900

12.300

1,400

13Va;V

.

4.500

26%

27
•

//

;

"73

:

Hi

130

62

21 Hi

r.

3?A

66

>

4,300

,13%

68 V'

•.

//{•

°70

67

,

26%

'

72

*66%

21%
21%
21 Va
21 Va,
21%
10%
11
10% 10% j 710%
37% 37%
*37 ;/ 38
37 <
18 ^ 18 Hi
V//*!»% ,18% ;;:> l&Vi
67% >:68% >»
68 ■; 69 ,
» 67Hi
13%...13%,. / /
13;% -13 Hi -/ ;13%:.:

■

%

26%

.4

'

3 Va

<V

'*•'4

2„400

•

Exchange

3,928,500

-3,032,500

$86,500

$18,395,100

Government

Domestic

276,710

Monday

328,660

Wednesday—.^
Thursday
Friday

!

I.¬
—

229,450

268,655

16,000

,

23,000

151,000

237,115

125,000

$99,000

1949

$86,500

$5,000

$157,500

$197,000

15,000

99,000

352,000

1,933,000

Foreign government.

2,284,600

1,373,000

11,702,750

9,884,200

Foreign corporate—

16,009,000

15,726,000

88,932,600

$17,203,000

$101,144,850

$148,011,200

1948

*

■172,000
180,000
215,000

r

""8"oo6

"•

182,000

126,000
$46,000

$918,000

Jan. 1 to Feb. 11

1949

1948

135,997,000

$18,395,100

36,000

1,000

-$773,000

Total

$43,000

20,000;

Week Ended Feb. 11

27,930,914

.

7

ar$2"ooo ;

36,000

134,000
7 / 124,000
199,090-:

1,518,860

Total

Corporate

$3,000

.; $40,000•

1948

29,871,596

-oreign

Foreign
t

178,270

Jan. 1 to Feb. 11
1949

Bonds (ParY*lMc)

of

Shares)

Saturday

Stocks—No. of shares

Bonis




*70

72

,'8%

70

Transactions at the New York Curb

4,859,710

1,518,860

1,159,700

6,984,547

"6,944,069

$773,000

$1,061,000
50,000

$4,534,000
1,501,000

$7,541,000

99,000
46,000

32,000

274,000

298,000

$918,000

$1,143,000

$6,309,000

$8,857,000

Bonds

B Gorernment

International Bank

Total

y
.

12%

-

/ V *60 Ha

61

*68 Va

Stocks

*

Railroad ft Industrial

66

wd When distributed, x Ex-dividend; •.

Special sales,

5,819,140

Stocks—No. of shares

Foreign

*70

13 Hi

.13%
/ ;6i

62%

,70

(Number

2,789,000

$15,000

WeekEndedFeb.il

U

1

Sales

3,480,600

422,000

13 Hi

.

68'/a

Bond

3,147,000

/ 347,000

983,480

Friday

r

>

347,000

>

Total

Government
;

$2,017,500

500,500

13

*61%

Daily,WeeklyandYearty

$298,500

1,328,430

$1,719,000
.3,417,000

785,810

.!/; v

66 Hi

Week Ended Feb. 11,1949

;

Monday.

■

J.

Total

United States

\

Bonds

Railroad

und Miscel.

8%

25%
** ,w
3%

;

Daily, Weekly and Yearly
JntT

73

66%.

V

9%

9

9 Hi

,

iX- 10%
*39%
V/,18%
.68%
{
13%

Deferred delivery.- r Cash sale,

*70

70

*68

j—No par
— ...:—1

.

v

*70

ft

& Towne Mfg Co
28
York Corp common..!———
1
7:4%% preferred
50
Young (L A) Spring & Wire.No Par
Youngstown Sheet & Tube
Nopal
Youngstown Steel Door
—„No par

fin receivership,

this day.

Worsted

<-r

Yale

20

12% Jan

24

'

:

7

7

no sales on

prices;

*

-

18

9% Jan

11

89%

Jan

x72

7

10

24

Dec

13%

Jan

48

Dec
Feb

Prior

10

16 Va May

Feb

15%

Jan

10

11%

65%

79

9

Mar

37

2

Feb

8

10%

70% Feb

7

% Jan

common
No par
pfd 4 Va % series—.—-.100
Prior pfd 4%% conv series...100
Wright Aeronautical
Nopai
Wrigley (Wm) Jr (Del)
Nopai

Machinery

7

58 Va

.

}

.

Domestic

Total.

1,018,000

Number 4777

169

Volume

THE

COMMERCIAL

Bond Record

FINANCIAL

WEEKLY

-

Interest"—except for Income and defaulted bonds. Cash and deferred delivery
and when outside of the regular weekly range are shown In a footnote In the week in which
they

sales

,

the

week,

The

italic

letters

In

the

column

headed

"Interest

Period"

In

each

the

case

month

when

Figures after decimal point represent

~

.

indicate

(721)

one

No

bonds

more

or

disregarded In

are

occur.

the

account

week's range, unless they are
such sales In computing the

the

of

taken

is

Year 11)48

Lowest

105.1
107.4

Lowest

Highest

Highest

32d of

108.13 Jan

108.28 May

Dec

102.22

102.23

Sep

108.13 Jan

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

26

Feb

Sep

26

3Vis

102.31 Jan
104.9

101.7

Sep

101.11

Jun

101.19

3

Thursday

High

Feb. 11

H«*b

Low

the Week

feenda <S>

High

101.30

*101.27

101.29

*101.28

101.30

* 101.28

101.30

*101.27

3s

1951-1965

*104.23

104.31

*104.27

104.30

*104.27

104.30

*104.27

104.30

* 104.27

1U4.30

*104.26

1955-1960

*108.24

103.26

*108.22

108.25

*108.21

108.24

*108.14

108.18

* 108.17

108.20

*103.15

108.19

1951-1954

*103.28

103.31

*103.27

103.30

*103.27

103.30

*103.27

103.30

* 103.27

103.30

*1(3.26

103.29

2%s

1956-1959

*109.14

109.16

*109.13

109.16

*109.11

109.14

*109.6

109.10

* 109.8

109.11

*109.7

109.11

2%s

1958-1963

*109.29

109.31

*109.29

110

*1.09.27

109.30

*109.22

109.26

* 109.24

109.27

*109.21

109.25

2%s

1960-1965

*110.15

110.17

*110.15

110.18

*110.13

110.16

*110.6

110.10

* 110.10

110.13

*110.8-

110.12

2Vis

1949-1953

*101.11

101.13

101.12

*101.11

101.13

* 101.11

101.13

*101.10

101.12

1949-1952

*"101.28

*101.11

*101.28

101.30

101.13

*101.10

101.29
104.29

1950-1952

*102.12

102.15

*102.12

102.15

*102.11

102.14

*102.11

102.14

*102.11

102.14

*102.10

102.12

2 Vis

1952-1954

*102.30

103

*102.30

103

*102.29

102.31

*102.29

102.31

*102.30

103

*102.31

103.1

1956-1958

*104.12

104.14

*104.13

104.15

*164.12

104.14

*104.11

104.13

*104.13

104.15

*104,13

104.15

2 Vis

__1962-1967

*1C2.8

102.10

*102.9

102.11

*102.10

102.12

*102.10

102.12

*10242

2 Vis

1963-1968

*101.24

101.26

*101.25

101.27

*101.26

101,28

*101.26

101.28

Apr

100.23

Sep

100.24

Sep

101,12 Feb

9

101.12 Feb

100.16

Sep

101.12

Jun

101.7

Feb

7

101.7

Feb

7

Oct

100.27

May

100.18 Jan

g

100.23 Feb

3

10244
*101.28 101.30

*102.14 102.16
*101.30

102

Jun

*101.13

101.15

*101.14

101.16

*101.15

101.17

*101.15

101.17

*101.17

101.19

*101.19

101.21

Dec 1964-1969

*161.11

101.13

*101.i2

101.14

*101.13

101.15

*101.13

101.15

*101.15

101.17

*101.17

101.19

2Vis

1965-1970

*101.10

101.12

*101.11

101.13

*101.12

101.14

101.12

101.12

*101.14

101.16

*101.16

101.18

9,000

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

102.26 May

Jun 1964-1969

2V28

Treasury

~9

2Vis_

2Vis

1966-1971

*101.6

101.8

101.7

*101.8

101.10

*101.8

101.10

*101.12

101.14

*101.13

101.15

1,000

2Vis

101.7

Jun 1967-1972

*100.24

100.23

*100,25

100.27

*100.25

100.27

*100.25

100.27

*100.27

100.29

*100.23

1(0.30

2 Vis

Sep 1967-1972

*102.17

102.19

*102.19

102.21

*102.19

102.21

*102.20

102.22

*102.24

102.26

*102.27

102.28

2 Vis

Dec 1967-1972

*100.25

*100.24

100.26

*100.25

100.27

100.27

*100.25

100.27

*100.27

100.29

*100.28

100.30

2 Vis

i951-1953

*103.7

103.10;

*103.7

103.10

*103.7

103.10

*103.7

103.10

*103.7

103.10

*103.6

103.9

2 Vis

.11952-1955

*102.6

102.8

*102.6

102.8

*102.6

102.8

*102.6

102.8

*102.7

102.9

*102.7

102.9

2 Vis

.1954-1956

*105.18

105.21

*105.16

105.19

*105.14

105.17

*10542

105.15

*105.15

105.18

*105.12

102.31

*102.30

103

*102.29

102.31

102.30

102.30

*102.31

103.1

105.16

100.21

102.30 Feb

9

102.30 Feb

9

Treasury

2 Vis

1956-1959

Mar

100

102.13 July

*102.29

100.4

May

100.13 Jan

20

100.19 Feb

7

*100.16

100.18

100.19

100.19

*100.17

100.19

100.17

100.17

*100.19

100.21

*100.20

100.22

12,000
18,000

100.2

Feb

100.17 Feb

9

100.17 Feb

9

Dec 1959-1962

*100.16

100.18

*100.16

100.18

*100.17

100.19

100.17

100.17

*100.19

100.21

*160.20

100.22

14,000

Jun 1949-1951

*100.9

100.11

*100.9

100.10

*100.9

100.10

*100.9

100.11

*100.9

100.11

*1C0.9

160.10

100,21

Oct

Treasury
2 Vis
Treasury
2 Vis
Treasury
2s
Treasury 2s
Treasury
2s
Treasury 2s

Jun 1959-1962

Mar

100

Sep 1949-1951

*100.15

100.17

*100.15

100.16

*100.15

100.16

*100.15

100.17

*100.15

100.17

*100.15

100.16

*100.22

Sep

Oct

100.21 Feb

100.31

Sep

101.7

Dec

101.26 May

9

100.21 Feb

9

101.13 Mar

101.8

100.31

Sep

101.18 July

100.30

Sep

101.19 July"

100.7

Oct

100.16

Jan

26

101.8

Jan

Treasury
Treasury

26

__

101.18 Feb

9

101.18 Feb

2s

9

Apr

94.14

and

asked

98.24 Jan

99.11 Jan

price.

10
5

No

sales

99.18 Feb
100

transacted

11

*100.22

100.23

*100.22

100.23

100.21

100.21

*100.21

100.23

*100.21

100.22

*100.26

100,28

*100.25

100.27

*100.26

100.28

*100.26

100.28

*100.26

100.28

*101.1

*101.1

101.3

*101.1

101.3

*101

101.2

*101.1

101.3

101.3

*101.1

*101.12

101.14

*101.12

101.14

*101.11

101.13

*101.11

101.13

*101.12

101.14

*101.12

101.14

*101.15

101.17

*101.14

101.16

*101.14

101.16

*101.15

101.17

*101.15

101.17

*101.14

101.16

101.20

*101.17

101.19

*101.17

lUl.19

*101.17

Feb

this

2

*101.18

101.20

*101.18

,101.19

*101.17

Dec 1952-1954

*101.19

101.21

*101.19

101.21

*101.18

101.20

101.18

101.18

*101.18

101.20

*10148

101.20

.1953-1955

*103.26

103.29

*103.24

103.27

*103.21

103.24

*103.22

103.25

*103.22

103.25

*103.20

103.24

*100.9

100.11

*100.9

100.11

*100.9

100.11

*100.9

100.11

*100.9

100.11

*100.9

100.11

1950

a

Odd

1957

Exchange

reriod

*99.16

1972

.

transaction,

lot

*99.30

Registered

r

FOR

bond

WEEK

*99.30

*99.14

100

100

100

or

Sale Price

*9947

*99.28

100

99.18

*99.25

99.21

*99.16

*99.16

99.22

*99.16

99.22
100

100

*99.23

100

ENDED

FEBRUARY

High

New York Stock

Jan. 1

No.

Low

City

Period

Exchange

Sale Price

Low
58

60

"9

60

60

7

20

J-D

60,

60

60

3

J-D

60

58

60

7

597a

60

25

58 7a

60

8

3Vis

10412 107Vi

J-D

Series

No.

16

Series No.

17

33/4s Series No.

104j3 105 Vi

J-D

15

18

J-D

60

3Vis Series No.

v105Vi

19

J-D

60

3Vis

>

CO

60

J-D

20

21
22

J-D

60

59%

3Vis Series No. 23

J-D

60

e59 Va

3Vis Series No.

24

J-D

J-D

Series

120

New

York

Stock

Series

3Vis

Broadway, New York

NY

Series

Brisbane

Teletype

Exchange

(City)

1-1693

§AGtd

Municipal

Mtge Bank

sink

fund

(Dominion

lAChile

(Colombia) —
1947

F-A

6s

1948

A-O

(King of Norway) 4s
1968
§AAntioquia (Dept) coll 7s A____1945

MS

'AGtd

sink

lund

Akershus

*61

§AExternal

s

f

7s series B

1945

s

f

7s series C,_

1945

§ A External

f 7s series D___

s
s

A External

AExternal

1945

1st scries

1957

sec

Antwerp

(City)

Australia

7s

f

s

7s

2d

f 7s

s

external

J-D

(Commonw'lth) 5s of '25-1955

J -J

10-year

3 74s

__1956

3Vis

1957

J-D

20-year

3 Vis

____1967

J-D

3 Vis

1966

15-year

3%s

1962

external

F-A

1949

6'/2s___

M-S

External

s

f

6s__

1955

J-J

External

s

f

7s

1955

J-D

SABrazil

(U

of)

S

external

8s

1941

J-D

(-Int. reduced to 3.5%) ____-._1978
AExternal s' f 6 Vis Of 1926_1«>4'.1957

A-O

6

15

(Int

reduced
s

to

3.375%)

f 6 Vis of

1979

J-D

1957

1927

A-O

Stamped pursuant to Plan A
(Int reduced to 3.375% )____1979
A7s

(Central

Ry%.

A-O

1952

5%

reduced

to

3.5%)—

99Vi

12

89

92%

19

85 Va

89%

13

85

t-

23

84 74

r

66

■•••* V

28

10174

105%

119 72

50

115

--

'

!

43 V2
66

3

43

12

*64
It

—

CO

10s

22

__

50
62

V"

46'

■

"

—

59

58

■■

i.—

58

2

101

*50

1942

'

w.

*100 7a 101

'

42 7a

sinking

103 7a

M-N

10374 103 3 i
106 74 105%

M-N

102

/

a

98 7a

101

99 78

1O0

A7s

28 7a

A Chinese

106%

__

28%

—

.('•

External

reduced

$ bunds of

3%s Series
,

to 3.3757c)--

No.

1944

(Plan

1979

B)

A-O

46 Va

—

47%

8

J-D
■

*62 7»

J-D

64

60 Vi eGO V2

28 Vi

10

3%s Series No. 3—1

J-D

60 7a

3%s

60

6074

60

607a

e60

3%s Series No. 6

J-D

__

3%s Serie? No. 7

J-D

__

3Vis Series No. 8

J-D

—

3 Vis

J-D

*65 Va

Series No. 9.

334s Series No.

10

3Vis Series No.

11

3 Vis Series No,

12—

33is Series No.

13-

For

footnotes

see

J-D

!

:

page




.

129

J-D
J-D
J-D

*59 Va
62 Va

——

5

61

58 Vi

__

617a

6IV2

__

617a

—

62 7a

4

i—

607a

63

—

61 7a

57Vi

*5.9 7a

—

60

59

27

61 Va

37 Vi

5

357a

27 Vi

28

28 7a

20

27 7a

29 7a

37

3

357a

37

28 7a

28%

28 Vi

28 Vi
37

28 74
37

28 7a

287a

277a
357a

37

37

J-J

63

58%

60

28 5

9

27%

29 Va

3

357a

37

27

27 7a

28 Vi

35%

■'

35 Va

27%

28 Vi

•

M-S
M-S
A-O
A-O

1963

Af-N

357a

36

M-N

28 7a

28%

28%

11

21 Va

28%

1993

J-D

28

27 Vi

28 Va

30

26 7a

28 7a

357a

35 7a

*37%

4

*3774

28 74

13

__

40

•

6s

fund

6s

J-D
J-D

J-D

*3774

J-D

287b

28 %

1961

A-O

37

37

1961

fund

1957

1961

assented

sink

237a

•'.7'

1961

6V2S__

6%s__

sink

*37 74

a

1957

Bank

A-O

28 Vi

28 Vi

28

28%

11

27 7a

36 Vi

3774

4

35%

37 Vi

28

28%,

3.7

27

V4

287a
7%

28 '/a

M-N

28 7a

M-S

—A—i

(Hukuang Ry)

5s

—1960
1951

J.

7

M-S
J-D

28 7a

5

1

27%

28

3

357a

37

24

277a

287a

357a

'

277a

357a

28 Va

—

:

For

9

—

Financial Institutions

FOREIGN
FIRM

SECURITIES

60

60v

*57 7a

.59 Va

63

537a

60

58

3
„

.

v

TRADING MARKETS ;: v;\,

.

•;

rax—

JlC9:J®£:

CML

FOREIGN SECURITIES SPECIALISTS

60s

59-

-*

591
—rr-f

50

Broad

Telephone HAnover

St., New York 4, N. Y.

2-0050

—

*

*5 7a

28 7a

'

*37 Vi

M-N

1962

—1962

Munic

28 V„

28 7a

7s_____^_1960

assented

58%

60 Va

.'6

62 Va

58 7a

11

'

37

18 "
1

287a
37

28 7a

F-A

J-J

-

€2 7a

__

■

37

607a

39

.61

J-D

<

60%

J-D

5

Series No. 4

33/4S Series No.

■

28 Vi

65

57 7a.

—

35 72

277a

1963

47 %

12

—

35 72

1962

6s__

—

1

3%s Series No. 2____

-

F-A

Sep 1961

bonds 2-3s

jassfented

104

104 Vi

1962

Mortgage

A6s

103 74

44

A-O

Sep 1961

assented

AGuaranteed

102 74

32

*37 7a

'

Jan 1961

fund 6s

sinking fund 6s

Chilean. Cons

101

A-O

Jan 1961

6s

assented

6s

5

1960

assented

f $

__

102

102

Stamped pursuant to Plan A
tint

4-

—

59
:

6574
50

f

48

61

46 72

__

funding bonds of 1931 due__1951

56 74

66

43
'

59%

48 7a

60 Vi

—

59 7a

62

57

56 Vi

1960

assented

A Guaranteed

A

63

v V;

60

Feb 1961

A6Vis assented

66

d 72

f; 'J2?

4772

J-D

60 74

62

■50

66

48

J-J

Feb 1961

s

ASinking fund

118

2

43

—

7s

sinking fund 6s

A6 V2s assented

10772

31

s

Acmie

102

1

66

*63'

48 Vi

f

assented

A 6s

90 7a

117

--

J-J

_

1942

AExternal sinking fund
Extl

89 %

90

6s

A6s

90

10772 10772

—

8s

assented

AExternal

92 Vi

91 Vi

IOIV4 102

—

4s

sinking fund 6s

A6s

101 Va

90

89 y4

117

A

AExtl

99 7a

95

89%

—

102

J-D

1978

38

90

Stamped pursuant to Plan A
(Int

,

38

91 VVJ

Stamped pursuant to Plan A
AExternal

,

10

A6s

38 7a

89%

—

90

1960

1954

of)

External s

ARy external

38

37 Vi

A Extl

38 74

3774

122

92 Vi

Stamped pursuant to Plan A

A-O

37 Va

'.."■■'"3

99 72

y

a

37 Va

37 Va

92 Vi

8274

37

39

100% 101 Vi

101 Va

J-D

Belgium

10

37Vi

37 Vi

—

20-year

37Vi

98

•

F-A

10-year

38 V4

6

*37%

A-O

5s_______1953

38 7a

37 3

9

13

37 Vi

37Vi

J-J

3rd series__1957

31 Va

37%
37Vi

37 Vi

A-O

f

81

37%

A-O

series__1957

sec

5

37%

J-J

AExternal

A6s

74

101

F-A
J-D
A-O

__1950

assented

AExternal
82

37%

J -J

§AExternal

•'V':

' ■'

*57'/a

■

••

MS

1958

__

82 7»

J-J

(City)

(Rep)

§A7s

*61
•.

2
5

1957

3Vis

ACarlsbad

6s

60

62

*59

J-D

f 5s

55 7a

bO
•

5u%

1961

s

60

'

*59

-

J-D

No. 30

60

'

25-year
Agricultural

—

60
69

*

*57 7a

J-.D

JX-L

56

587a

*57 7a

,

60

58

55 Vi

■

60

59%
.

J-D

s

Sinking fund gold 5s
Sinking fund gold 6s
Canada

Foreign Govt. &

No. 27

3Vis Series No. 28
3%3 Series No. 29

Wertheim & Co.
Members

2-2300

No.

,■60

•'

597a

60

J-D

25

3Vis Series No. 26

'3Vis
3 Vis

T elephone

*57 7a

J-D

60

60

■

9

60

./,

60

60

26

60

Series No.

High

557a

4

60

No.

33/»s Series No.

3Vis

Foreign Securities

Series

2—

Jan. 1

Low

60

14—

33/4s Series No.

3 Vis

J-D

Range Since

Sold
No.

High

60

3Vis Series No.
1980

Bonds

Bid & Asked

High

Transit Unification Issue—

Corporate Stock

Week's Range
or Friday's

Last

Interest

BONDS

Range Since

Sold

15,000

11

Friday
Bonds

Friday's

Bid & Asked

99.18
100

transaction.

Week's Range

Last

Low

REctor

5,000

for

25-year 3s

day.

Interest

New York Stock

3%

101.19

Jun 1952-1954

Bank

27,500

101.3

1951-1953

RANGE

York

100.24

1951-1955

Sep 1950-1952

2s

10-year 2 Vis

Friday
BONDS

New

103.1

Reconstruction & Development

98.30 May
99.30 May

Jan

♦Bid

*102.31

*100.26 100.28

Dec 1949-1951
Mar 1950-1952

Treasury 2s
Treasury
2s
Treasury 2s
Treasury
2s
Treasury
IVis
International

94.10 Jan

>

Sales fot

Friday

Feb. 10
Low

/

2Vis

Jan

10TT4

Low

High

2Vis

100.25

160.23

Low

Treasury
Treasury
Treasury
Treasury
Treasury

100.26

Oct

Hlp-h

-

Treasury

Jan

100.7

PRICES

SALE

Feb. 1)

3

100.24 Mar

May

HIGH

Wednesday

Feb. 8

14

100.23

100.7

AND

Tuesday

Feb. 7

Feb

104.9

Jun

102.26

of

year.

102.31 Jan

Jan

101.19

14

Feb

the

point.

a

Monday

Feb. 5

Coo

transactions

for

27/8s
2%s

Treasury
102.23

R»tnr<lKj

EXCHANGE

105.28 Mar

Sep
Sep

101.18

GOVERNMENT BONDS
NEW YORK STOCK

Range Since Jan. 1

the only
range

mature.

LOW

Range for Previous

25

YEARLY

-

"and

are

CHRONICLE

New York Stock Exchange

«»
FRIDAY

NOTICE—Prices

&

Teletype NY 1 -971

57a

7a

28%

26

(722)

THE

COMMERCIAL

NEW

YORK

RANGE

Friday
BONDS

Interest

New York Stock

Exchange

Colombia
* 6s of

Oct 1961

A-O

1927

Jan 1961

J- J

®xternal s f $ bonds
vZ°i.?mbia Mtge Bank 6%s___
fAS nking fund 7s of 1926

-1970

sASinking fund 7s of
Copenhagen (City) 5s_.
.25-year gold 4%s
ACosta Rica

(Rep of)

1927__.

1947
___1952

to

External

M-N

i960

extl

6s___

_1942

Z_1955

5%s

8°D 41/aS

fil

or (Republic of)

a

4s

extl

f

s

evtiX s
extl

3s

1962
-Jan

$

1Q7R

Zl967
1949

part

paid

Italy

»iJg?s*av*a (State

Mtge Bk)
(Colombia) 6%s

Assenting

A Ass td

5s of

4s

Assented

1*

Milan

A Sec

Stamped

s

70

Alabama

Power

1st

3%s____1972

1956
1966

64%

RAILROAD

75

77

16

56

61 %

Allis-Chalrners

51% •:

1

46

51%

American

12

1

11%

14

Amer

60

61%

102

102

.

sink

3%s

fund
f

s

(City)

24%

24%
—

37

debentures

1980

179

10*0

6%s
to

'

Plan A

2.125%)

27%

35%

28%

40

7%

6

7%

8%

6

37%

37°/a

A

100

26

102

5%

11

15%

1959

Atchison

Ap.ej™ (ReP of)

7

4%

5

110

7

9 %

sad

6%

M-S

27

M-S

*36

1st

mtge

and

Ref

9%

26%

—

2

--

Stamped

93

83%

F-A

27%
37

25%

95

90

16

88

35

84

86 %

82%

84%
80

>

19

88%

88%

A-O

90

90

4

80%

External

f

s

(Int

M-N

102

83

88%

81%

10

102

*83

85

M-S

103

103

M-S

*31

M-S

90

1

82%
3

103

:

261 is

38

26 "a

18%

16

17%

18%

18%

18%

91

17%

19

A-O
A-O

*9%

A-O

9 Va

18%

J-J

J-J

Zl961

J-D

18%

18%

17

17%

19

'

A-O

8

9%

*14%

reduced

to

to

to

loan

(Int
7s

reduced

(Int

reduced

(City of)

__2001

J-J

2006

J-J

_

9
—

9%

9 %

10

8

*33

42

9%

9%

12%

5

9%

5%

2

10

9

6%

9%

__

:■

*24%
29%

1946

A-O

Z

27%

27%

28

__

*27Vi

F-A

*36%

F-A

29%

29%

*35

A-O'

2012

27
33 Vi

26%

26%

24%

27

27

21

i94g

A-O

*39Vi

23

104%

IOo'm

102% 103

39

100'%

103%

J-J

to

2012

_1966

to

Plan

2.25%)_

A-O

30

J-D

J-D

30

30

35

26%

M-N

29

36 Vi

35

30 Vi
36 Vi

27%

25 Vi

27%

*27Vi

27

28

27%

27%

25%

__

July 1975
B

(4%

5%

(2%

f

A-O

27Vi
*33Vi

27 Vi
—

"1952

M-N

*42

2001

M-N

*39

45

34%

40%

1957

to

M-N

*41

50

46

47

2012

8s

to

secured

series

ASilesia

A4Vis

B

M-N

*36 3

45 Vi

33%

38%

A-O

85%

85%

87%

82

84%

88

A-O

91%

91

93

29

91

95 %

—

59%

110

58%

63 Vis

144

58 %

62%

59 %

53

58

63

68

73

47 Va

52%

(2%%

6%

fixed

contingent interest) —
J-D

68

63

69 %

58

May

49

48'%

49%

3b5

1980

M-N

82

82

84

26

82

85 %

1980

J-J

70

70

72%

16

70

71 Va

1985

J-J

—

76

76%

9

75%

78

1951

J-J

94

94

95

4

1951

J

J-J

93%

93%

94%

1951

A-O

due Dec 1 1995

income

series

4s

div

Feb 1 2010

A

1st

mtge 5%

Cincinnati

lien

ser

ref

&

A
__

division

M

4s

ser

D

Bangor & Aroostook RR—
4s

ref

stamped
Extension

Creek

1st

3%s

Telephone of Pa 5s series C__1960
Indus Loan 2Vis debs
1961

mtge

Boston

1st

Corp—
2%s ser I
2%s ser J

mtge

Maine

&

J-J

*55V4

55%

—

55'/4

1999

J-J

1950

J-J

53

52

53

41

53

__1970

A-O

1999

J-J

53

48

53

41

53

1956

M-S

58

5s

series

J-J

53

50 %

53

12

48

53

5s

series

II

mtge

4%s

1st

mtge

J-J

60

55

60

8

55

60

A-O

A-O

54

49

54

96%

96%

29
1

41

95%

96 '-6

15

94%

9

97%

98%

98 %

50

97%

99

5

97%

98 %

98

M-S

90

footnotes

1978

A-O

54

101

page

99%

96%

99%

34

76

99%

1962

M-N

7%

8%

23

5%

8%

M-N

7%

8

35

5%

8%

1958




29.

Va

*83%

series RR

1960

J-J

82 %

82%

83 %

34

82 %

July 1970

M-N

57

56%

57%

26

55 Ta

4s

1954
1968

A-O

1950

Co 7s

F-A

F-A

Debs

Co 3s

Bklyn Union Gas 4s debentures
2%s

mtge

M-S

%

$

modified

Terminal

1st

Consolidated

5s

__1957

M-N

58%

1952

A-O

1955

J-J

Terminal

gtd

1960

A-O

3s

1976

J-D

1974

M-N

1962

A-O

1957

4%s___„
4s

—

Bldgs

5s

59%

103%

103%

102

__

102

97%

100

1

90%

V 2

99

18

98%

99%

60 %

33

__

92%
98%

83%

__

__

103 %

:

M-N

Buffalo Niagara El 1st mtge 2%s__1975
Buffalo Rochester & Pgh Ry—

■

__

*100%

J-J

90

*100

1969
1976

(Ernesto)

Bklyn Union El 1st gold 5s

Bush

101

101

A-O

JJ

/

86

101

3

M-N

series

92 %

98%

Va

58%

61 %

96

97

11

98

99

105

105

1

105

25

102

58%
*102

—

__

105 Va

C
California Elec

Power

1st

Power 3%s
gtd 5s A

cons

National

Guaranteed

J-J
A-O

1970

1955

J-D

1956

F-A

1951

M-S

5s

gold
gold

4%s.
4%s

Ry 4% deb stk perpetual
Carolina Clinchfield & Ohio 4s
1965

113%

115 %

10

106%

107%

104%

*113

Georgia

113 Va

106%

*106% 106 %
95 %
108 %

113 %

112 Va

16

108%

112%

113%

112% 113 %

113

J-J
M-S

107%

106

Va

95 %

48

93%

108% 108%

10

107%

34

102%

103 Va

5

101 %

101%

63%

67%

66%

72

45%

52

94%

J-D

*61%—64_

1965
1960

debs—

3%s

<1947 issue)

§ A Cent' Branch U P 1st gold 4s
of

2

107

1981

Corp 3s debs__.

Corp

115

*107% 108%

Adirondack Ry—
gtd 4s

3%s debs

•

107

107

F-A

4%s

Pac

&

•

102 3.»

115

115

Oct 1969

4%s

gold

1st mtge

100%

99%

99%
102

102

5s__.

gold
gold

Guaranteed

*99
*100
__

Ry—

gold

Guaranteed

A-O

102% 103

F-A

1960
1948

F-A

*99%

J-D

*75 Vis

63 %

65

29

47%

33

101%

61%

98

108%

85

101% 101%

63 %

J-J

May

mtge 4s ser A
1995
4%s ser A
Jan 1 2020
Gen mtge 4%s ser B——.Jan 1 2020

*66

45%

46

May

62

—

Ry—

1st

Central

Illinois Light 3%S-^._—__1966

J-D
J-D

1957

J.J

1987
1987

A General

A4s

1987

4s

registered

—__1987

:

*8%
*7

12

8%

11%
6

*108

A-O

J-J

67

67

74

148

67

78 %

Q-J

67 Va

67

73%

179

67

78

59%

59%

67

59%

70

J-J

46
■

Q-J
'

*102

102 Va

102%

11%

*86%

__

8%

102%

1974

A-O

Central Pacific 1st ref gtd gold 4s_1949

F-A

101 -h

101 3la 101 3la

11

101 3*2

101V3

F-A

101 %

101% 101%

28

99%

101 %

10

103 Va

105 %

100

100

122%

128

& ref

1st

1st

York

New

3s

—

—

series A
to Aug

mtge

Power

1 1949)

3%s ser

B___

—1974
1968

Champion Paper & Fibre deb 3s—1965

1962

1958

see

a

85

1955

Bristol-Myers

Gen

98

*37

M-N

F-A

Chesapeake & Ohio Ry—
General gold 4%s
^1992
Ref & Impt M 3%s series D
1996
Ref & impt M 3%s series E
1996
Ref & imp M 3%s series H—___1973
R

& A

Div

1st

cons

gold 4s

J-J

—

■

M-S

M-N
F-A
J-D

—

104% 105

127%
98%

*100

—

11

127% 128
98%

*99 %

23

97

100%

98%

99Vs

19

97

100 %

104% 104%

12

2d

consol

gold 4s

1989

J-J

*120% 127

__1989

J-J

*110% 118

104%

——

105

118

■

'

For

120%

96

106%

T

(Kingdom)—

assented

120

7

100

1961

(4%%
1940

Sydney County Council 3 Vis

95
95

93%
100

mtge 4%s ser A

AInc

ABieda

Central

2012

extl 7s

93%

5

.

120% 121

-

—

J-J

3 967

AC

mtge

58

2004

A

2%)

extl___

-

M-N

1976

JACentral of N J gen gold 5s
A 5s registered

A

2.25%)

to

*100

RR—

mtge

Central
4

1968

to

external

(Prov of)

51%
4j

101%

59%

Celotex

1936

7s

sec

100%

A

2.5%
;

Serps Croats & Slovenes
A 7s

5

53

Celanese

Plan A

2%)_

Stamped pursuant to Plan A
(Int reduced to 3.5%)__
A8s

37%

fixed

(3%% fxd & 1% % cont int)

Stamped pursuant to Plan A
s

6

58 %

Carthage
J-D

A

loan__

(Int reduced

37 %

fixed

35

A

2004

A6s extl dollar loan

J A Secured

37%

53%

Guaranteed

26%
*32

J-D

1952

Stamped pursuant to Plan
reduced

37%

h

1st

Can

_2004

(Int reduced to 2.5 %)
extl water

49%

58%

Guaranteed

_1968-

2.25%)_

external

(Int

18

58 %

Guaranteed

1999

1926___

Stamped pursuant to Plan
A 7s

50%

100% 100%

J-J

1966

49%

J-J

58 7

Canadian

45

Plan A

Stamped pursuant to Plan
A 8s

104 %

104% 104%

103

Gen mtge

reduced

115%

104

104%

36%

to Plan A

Stamped pursuant to

(Int

109

29

—

Plan A

2%)

of

(State)

10

—

M-S

1st 4s__1948

due Dec 1 1995

Canada Southern

(Int reduced to 2.375%)
A6Vis extl secured s f

Paulo

114% 114%

M-S

Toledo

Bush

32

—

(City) 8s
Stamped pursuant to Plan

SASan

126%

M-S

Stamped
29%

2001

6 Vis

reduced

122%

—

__

A

ASao. Paulo

(Int

33

J-D

Plan A

1967 stmp pursuant to

A Rome

92

126%

*104

.

9
__

9%

6%

1

A

(Int reduced to 2.5% )
6s external sink fund
gold

external

81%

92

'

1st

18%

18%

A-O

2%)

Stamped pursuant

3

125

M-N

1948

G

Calif Oregon

A7s

Ry

1st

18%

J-D

1953
to

2

M-S

1947

Grande do Sul (State
of)
§A8s extl loan of 1921

(Int

92

J-D

Cons

26%

__

26%

1961

to 2.375%)

Stamped pursuant

104

81

92

'

—

5

Bethlehem Steel

103

Rio

A

1964

Beneficial

84

35

—

1940

2.25%)_

Stamped pursuant

103 %

102%

81%

due Mar 1 2000

Ref

Bell

102

89

i960

2.375% )

to

103 Va

60

81 %

due Mar 1 1996

Con

'

8s_ZZZl950

to Plan

reduced

36

103% 104

81%

1959

7s

Sold

Stamped pursuant

103 Va 103%

103%

K

Cons

6Vis

sec

1

'

M

Series

84%

80

V

5

J-D

_2008

Janeiro

JInt reduced

104

114;b'

4s____July 1952

A
ser

mtge

A4 Vis conv

91 %

86 %

1947

(City of) 8s
Stamped pursuant to Plan

at*

A

103 %

M-N

1963

contingent interest)

S'western

84%

J-D

1966 stmp pursuant to
Plan A
de

3'/o

Series

27 %

93

20

80

A-O

ior-i

r,,'1"* reduced to
7 /is

85

—

89
85 Vi

Z-1967

~
7s_

(City of) 8s

.AJInt reduced to
5 a Rio

103% 103%

94%

Series

37

29

93

ZZZ_Zl968

pursuant

96%
110%

125%

contingent int) __July 1975

gen

and

37

25%

—

*26

1953

a*)??"8,1 sink fund

94%
105%

Line Ry—

cons

ser

5%

1 %

&

9%

—

27

iqrt

assented

Porto Alegre

31
519

A-O

4Vis A

Ref & gen mtge

'

—

1994

2.125%)

A4Vis assented
A

94%

92

B

10 %

25

to Plan A

loan

94 %

105% 106%

1995

Atlantic Refining 2%s debs

Beech

assented

A4 Vis

23

Fe— "

__July 1 1995
Air

Danville

1st mtge 4s

~7%

6

"•

•

37

M-S

1955

s f 6s 2d ser
(Rep of) gold 6s

A4'/2s

§ AStabilization

1st

unified

93%

A-O

mortgage 3%s

and 3%%

A-O

Loan extl

1

3 A Poland

Santa

Stamped 4s____
Atlanta & Charlotte

90 Va
103 3-s

1966

Baltimore & Ohio RR—

1%

9%

M-N

1953

of)

to

Q-J

.

—

11

*9%

*36

M-S

external 7s
s f 6s 1st ser

^at loan extl

Topeka &

88 %

102%

103 %

A-O

5s

152

496

93

A-O

1969

11'

2

4%

35

__

M-S

1965

ref 3%s series B

reduced

1952

96%

94%

39

90%

102% 103 Va

Pgh Lake .Erie & West Va—-

TBiZZI'Z" 1970

s

Stamped pursuant

95 Va

89%

95 %

90

102%

15%

10%

12

~

Jq?,

(State

94%

July 1995

gold 4s

W Products Co

P

4s

(Int

1st

General

4%

all %

—

A-O

~ Zl956

4%s__

sink fund 4%s

SAPernambuco

94%

—

1957

(Republic) —
A
Stamped assented 5s
Stamp mod 3%sext toZ
sec

Co deb 3s

debentures

General 4s

Panama

Ext

92%

.103 %

"l

2008

loan

Bank extl

68

J-D

to

fund

93%

Series

Z__1952

to

extl

89%

92 Va

1973

Amer Tobacco

80

92%

94%

_•

75

F-A

106%

deoentures

12

84%

J-D

debentures

99%

80

39

J-D

conv

99

87

1957

debentures

2%s

5

'

84%

1987

2%s

;

99

99

84%

A-O

24%

98

M-S

1982

37%

J-J
•

80 Va

—

79

•.

debentures

16%

—

6%

/.

80 %

2%s

'

.

100%

*80 Va

J-D

debentures

-

„

*

10o%

A-O

A-O

38%

%

104%

J-J

3s

_

100%

1961

24%

_

104%

1986

34

COMPANIES

104%

1975

16%

6%

1

debentures

26

--

5%

5

debentures

26%

—

■

conv

18

75

—

21%

debs__

3s

&

—

external

Municipal

21%

132

13

100% 100%

•

2%s

__

26%

6%

6 %

A-O

2%s

—

23%

4%

9%

Netherlands (Kingdom) 3%
Norway (Kingdom of) 4%s
External sink

Airlines

Foreign Pow deb 5s
2030
American Telephone & Telegraph Co—

53

6

105 % 105 %

105 %

J-J

6%

53

Z.-

*

Mfg 2s debs

r-^ ■v.®

12

*34

8

7

J-J

,(Int reduced

«,

77%

•

*104%

5%

15

•

:>

--

INDUSTRIAL

AND

A-O

M-N

6

8%
6%

*13%
all %

small__

f

mtge

4

*4%

J-J

pfan~A~~
t0 2.125 %)
2008

s

1952

_196?

Albany & Susquehanna RR 4%s__1975
Alleghany
Western 1st gtd 4s__1998

77

—

J-J

5' 1942, agree_l963

7s

§ASecond mortgage 4s

Q-J

*

J-D

37

—

—

9 %

*

M-S

70

100% 101

Q-J

J-J

Stamped pursuant

Oslo

3%s

J-D

f 6%s

Aqpn(I^fredu,Ced
external

4s

Southern

7%

37%

J-J

agree. 1968

F-A

Great

M-N

1963

CO

1953

7s

AAdriatic Electric Co

38%

J-J

pursuant

external

assented

F-A

1958

(City)

__

*34

Alabama

*35

A-O

Zl954

agree

6%s

ASec

at

AWarsaw

A-O

79%

A-O

1945

(State)

external

22%

J-J

1945

1910

new

(City of)

Minas Geraes

£

70

26

J-J

1952

7s

88

*34

—

J-D

5, 1942, agree_1963
1913 assent
1933

of

NoV'
a

agree_1968

86

70

1984

readjustment

Atlantic Coast

1943

84 '/8

81%

63

&
1950

79

18

72

81%

*100%

•

22'/a

J-D

7

84

52

*53

J-J

1945

1942,

5, 1942,

t^ss ^ to Nov.
6s

A

113%

extl

A Venetian Provinces

1st

1899

a^*^ss

a

1957

Z__1954

1904___Z^_

of

§ A Assenting 4s of
«

~~iqr2

excl 5s of 1599

to Nov.
5,

Assenting

k

13%

3Vis

68 %

Ann Arbor
1977

84

84

120

*'(0

•74%

6%

J-J

84

F-A

4

*6%

M-S

83 Va

*

J-D

§ A Atlantic &

Ass'td to Nov 5,
1942,

A

23%

1977

assented

s^eAX,C0 (US>
S A

—;

J- J

£94L

85 %

83%

1978

conv.
extl readjustment

3%s

7s

Metropolitan Water Sewerage
Drainage Board 5%s
Mexican Irrigation—
§ A4%s

M-N

7sli:::::—Tgsf

(Kingdom of)

AMedellin

A-O

1977

Utility—
Credit Institute
1% to 3%__
A
External 7s

81

1

18

F-A

i960

na!!an

28

83 %

1978

2%s
M-N

i960

f 5s

85%

83%

4-4%-4%s

108

10

*102

Jggo

ZZ

<RePuWiO extl s f l-3s
Italian Credit Consortium
for
Public Works 1% to
3%
§A7s series B
"
Italian Public

a

12
—

iqfi4

f 6s part paid

?®Iiln|fors State extl 6%s___ZZZ
(City) ext
Irish Free

84

M-N

20

12

...

__

J-J

M-N

3%-4v8-41|5bs extl

2%s

s

conversion

88

51%

60

M-S

1979

*

—

1937j—

readjustment

79%

77

_L

J- J

M-N

63

68

—

J-J

Jan i

M-N

1964

of

87%

—

A-O

I960

6s

bond

78

—

F-A

fund

72 %

63%

High

Low

*120

42%

12 %

16

Range Since
Jan. 1
<

No.

1979

sink

($

Bonds
Sold

*120

63%

Government—

A 7s

A

13

High

F-A

1946

8s

6s

42%

75

63

J-J

1( 1976

(Republic of) 7s.Z
French Republic extl 7s

„

External

13

108% 103%

A-O

J-J

ABstonia

Greek

42%

A4Vis

Jan 1» 1978

I $

*

42%

fund

External

72%

12%

__

35%

3%-4-4%s

extl

sink

—

$

f

J-D

AExternal

__

*68 %

12%

71%

38%

__

71%

—

70%

2

42%

*41 %

—

J-D

______1951

7s

extended to
20-year
gold

F- A

(Republic)

70%

70%

Friday's

or

Low

AExternal

2

Exchange

Bid & Asked

Sale Price

Period

High

28

70%

*41%

AT-N

(Republic of) 4%s extl—
1977
Czechoslovakia (State)—
Stamped assented (int reduced
SA-Denmark

M-N

1953

Cuba

t^

Low

1

38

42%

37%

Week's Range

Last

Interest

BONDS
New York Stock

Jan. 1

No.

70%

70%
37%

—

A-O

_1946

11

Range Since

Sold

High

70%

A-O

1947

«

Monday, February 14, 1949

RECORD

FEBRUARY

ENDED

§AUruguay

102o

ka

Bonds

Bid & Asked

(Republic of)—-

A6s of
*a

BOND

CHRONICLE

Friday

Friday's

or

Sale Price

Low
I

WEEK

FOR

FINANCIAL

Week's Range

Last

Period

&

•

'

119 %

110%

110%

Volume

Number 4777

169

THE

COMMERCIAL

&

FINANCIAL

CHRONICLE

(723)

27

NEW YORK BOND RECORD
RANGE

Friday
BONDS

Interest

New York Stock

Exchange

/

;

Last

Period

or

Sale Price

r

■

FOR

WEEK

ENDED

FEBRUARY

11

Week's Range

Friday's

v

Low

Friday

Bonds

Bid & Asked

Range Since

Sold

High

No.

Low

Interest

BONDS %
New York Stock Exchange

Jan.1

,

Last

Week's Range
or Friday's

Sale Price

Period

Bid & Asked

'

High

Low

Chicago Burlington & Quincy RR—
General 4s
1st

&

1st

&

ref

1st

&

ref

1958

ref

Chicago &
AGen

4%S

series

B

1977

mtge 3%s

_1985

mtge 27/as
Eastern 111 RR—

mtge inc

1st mtge 3%s

1970

5s
B____

mtge 4s inc

J-J

A2d mtge 4%s

inc

Chicago Indiana
Chic

Milw

1st

St Paul

mtge 4s

&

Pac

conv

inc

75

83

mtge

1st

mtge 3s

1st mtge

76

61%

65%

J-J

49

49

50

12

47%

51

93%

93%

1

93%

94%

J-J

101 Vi

Apr

60 Vi

100% 101%

60'A

50 V4

Apr

Jan 1 1999
1989

Pacific

33

100 Vi

51

60 %

1994

AGen mtge conv 4%s ser A_Jan 2019
Chicago St L & New Orleans 5s___1951

1959

J-D

1974

M-S

50'/a

50%

A4s

59

103%

Great

54

53%

56'/a

"88%

J-J

89%

J-J

106 %

Apr

278

53%

59%

87%

106% 106%

90%

90%

61

93%

89 %

5

1951

J-D

1951

J-D

Chic Terre Haute
1st

&

ref

& S'eastern

98%

103%

23A-4'As___:
23/4-4V4s

Income

101%

__1994

J-J

ry

76%

;

•

1994

J-J

1963

J-J

1963

J-J

70%

--

15

75

Chic &

West'n Indiana

1st & ref

1SZ
4s

29

70%

.1975

A-O

.1978

J-J

.1969

F-A

.1974

F-A

.1966

J-D

"92

95

.1961

J-D

81

81

mtge gtd 3%s series E
mtge 2%s ser G
City Ice & Fuel 23/4s debs_
1st

Investing Co
Cin

Chic

4s

&

debs

St

5s

Ref &
Cin

.1993

Wab

&

Mich

Div

mtge

J-J

1st

4s___ .1991

1st

coll

J-J

trust

4s_,_ .1990

61%

___

1st mtge 5%s series A
1st mtge 5s series B__
1st mtge 4%s series C
&

Southern

mtge

3%s ser O
2%s ser P
2%s

Gen

mtge

2'As ser R
West deb ctfs

A-O

-1977

A-O

87

-1970

extl 4s

-1955

1977
.1978

Ry & L 1st & ref 4%s._

1951

f 3%s A___

s

Corp
of

Finance

Coal

86'A

Hudson

60

86

105

Illinois

Bell

61'%

67'A '

57

21%

25%

98'A

9

1981

J-J

1978

J-D

98

103

103

"103

"101%

19

104

106%

1st

1951

MS

34

102 'A

103 %

Collateral

trust

-1952

48'%

44

Refunding

4s

46'%

6

50%

101%

105'A

17

106

106%

„

3s

Purchased

102'%

103%

•

gold 3%s
sterling

trust

Refunding

"35

70

106

106'/a

"100

Debenture 4%s
Cairo Bridge gold 4s
Litchfield Div 1st gold

M-N
F-A

J-D

1951

3s

M-N

1950

'

103

1966

5s

102'%

J-J

1955

gold 4s

1
3

1952

;

104

1953

3%s

J-J

104

105%

100% 100%

1

100%

101'A

102'A

102'/a 102'A

10

100%

102%

107%

107 Va 107 '/a

1

105'/a

85%

38

103% 103%

5

83

104

83

J-J

Omaha

1951

F-A

1951

J-J

1951

J-J

3%s_-...1951

106

106%

Springfield

ser

C_.

.1972

J-D

98%

98%

5

98%

99%

1st

&

.1972

M-N

103%

103% 103%

8

102%

103%

1st

ref

.1963

J-D

106%

debs

M-S

.1965

J-J

mtge 3Vis__

.1966
.1942

J-D

-1952

101'/a

V,

'

—

J-J

98%

94%

115

102'%

95'A

111 Cent

1st

gold

Div

1st

3s

gold

1st

106

107%

Illinois

102%

Indiana

100'A

101%

99%

100'A

10

ref

ref

St

5s

5 Vis

.

"47%

£_

J-D

—

ACuba.-RR 1st 5s gold—

receipts

95%
49%

33'%
"78

*

1
—

33%

4%s

L

___1963

J-D

95

__J_1963

J-D

87%

1963

&

N

•

J-J

27%

<27'/a

T946

J-D

33'%

33%

34'%

45

.1946

§ A.7,%s, series A deposit rets
§A6s. series B deposit receipts

J-D

33%

33%

34

series.C_'

J-D

Terminal

Ry

D

sei:

4s

1970

Iowa

9

■:

^International

95%
52

A

36

:_1

25

28

•

30'A

33%

35

33%

<

1st

1st

Great

series

6s

"100%

'

Northern

139'

93%

99%

40

87%

93%

86%

6

81%

100%

"95

J-J

35

__

"100% 102

J-D

1986

97%
90%

86%

J-J

95

87%

;

"89

—

63

63

65%

AAdjustment 6s series A—July 1952

A-0

22%

22%

24

1956

J-J

59

59'%

__1956

J-J

59

59

68%

69%

series

87

100'A

100%

100%

100%

100'A

J-J

5s

.

RR—

A-

A 1st

■

27'/a
•

101 Va

O—

1950

33%

10

81

100'/a

101 Vk

—

"103

A

48%

•"

—.

101%

100'/a

"101%

F-A

gold 4s
Indianapolis Union Ry Co—
Ref & Imp 2%s ser C

95

"101'/a 101'%

{

J-J

■

95%

101

__

1951

series A_'_

mtge 4s ser

111 &

101% 101'%

F-A

Chic

and

Joint

102%

—

33

100'A 100'A

^

96

5

100% 101 %

M-N

Ry

106% 107
"102

__

103%

"100%

Div

Registered

A-O

103%

_2

"100

St Louis Div & Term gold 3s
Gold 3%s

11

"7

107'%

88%

83

103%

"100

104%

Western Lines 1st gold 4s

1

"

102% 102%

M-N

104%

104%

23

101'A

A-O

104%

2

103

101'A

—

1955

lines

Collateral

:

gold 4s

103

104

36

__

F-A

.1968
1st mtge 2%s__ .1975

103

"101'A

94%

conv debentures
Consolidated Natural Gas 2%s

98'A

97

102%

4

103

RR—

A-O

97

§ A Deposit

99

J-J

94%

§ A Deposit receipts

63%
23%

J-J

9 6'/a

1st

61'%
21%

1951

94%

Northern

62

21%

1951

96%

§ A Cuba

F-A

1951

gold

1952

B

A 1st gold '5s series C—.'
§Alnternat Hydro-Elec deb 6s
Int Rys Cent Amer. 1st 5s B_;

68%

A-O

1944
:_1972

M-N

89

110

63

67%

22'A

25'%

58

61%

5

58%

61'A

47

67'/a

69%

98

99

72

77

96

97'%

11

"98% 101%

D
Dayton Pr & Lt

1st mtge 2%s
mortgage 3s
1st mtge 3s series A
Dayton Union Ry 3%s ser B

1975

Deere

&

Co

Delaware

Y

A

Lack

Lack

1st

&

5s

mtge

Tr

Delaware
1st

M

mtge
&

1963

M-N

99%
103 %

101%

94 %

94'/a

95%

22

93%

Af-N

86%

87%

6

85

87%

1993

Af-N

66

66

67

11

65%

68%

Af-N

65%

66%

68%

71

66%

69%

104% 104%

1

103 %

104%

Light 3s

1973
1977

3%s

A-0

J-D

107%

mtge ser A (3% fixed
1% contingent int)
:
ser

A

1993

&

1%
Detroit

mtge

Gen

&

ref 3s

Gen

&

ref

3s

Detroit &
A

series H

2%s

Mack

Second

&

J-J

64

.1966

M-S

.1970

I

J-D

.1982

80

—

88

166

gold 4s

.1995

J-D

1995

J-D

4s

91%

64

65%

1

79%

4%s__

.1961

98%

:

108 'A

-53

108%

Kansas

M-S

ser

B_. .1976
.1961

••

'

98%

"73
—

"50

—

J-J

•'

J-J

.1937

Co 2%s____

1977

;

18

104'/a

88

<

5

-98%
105'A

109'A

73'A

„

71

70
8

88

88'A

103 »/a

6

47

'

46

98%

46

F-A

100% 100%

Ga Div

1st

5s

1956

M-N

"111%

1995

J-J

"145%

Elgin Joliet & Eastern Ry 3%s

1970

Af-S

"104%

El

1965

A-0

"105

1965

A-O

"105%

1st

cons

& Southwestern

Paso

5s

(NY)

1st 5s

stamped

73'A
70

105%.

88

88'A

97%

99 >/4

13

46

48

6

100

101 %

112

__

112

—

105

105%

105%

103%

__

105%

__

Erie Railroad Co—
Gen

mtge

4%s

inc

A

1st
1st

1st

cons
cons

Ohio
for

1964

mtge 3%s ser F

cons

Div

3%s

mtge

ser

mtge

footnote




see

2Q

66%

2000

J-J

1953

Af-S
M-S

100%

99%

100%

114% 114%

114'%

114%

100'%

100'%

26

101%

103

60

%

2

29

107%

"100

"53

"108

1964

Af-S

Light 4%s conv debs—1963
Lakefrqnt Dock & RR Terminal—

"98%

A-0

1959

Af-S

A-O

1997

ctfs

Laclede Gas

1st

Lake

mtge s f
Sh

3%s

"170%

—

—

—

102% 102%

%

2

110% 112'/a

Nitrate

Co

1997

J.-D

1975

Deo

90%

91

—1970

A-0

96%

97

1954

& Mich Sou

J-D
J-D

1997

A

ser

F-A

—1968

gold 3%s

registered

Lautaro
A 1st

3%s

mtge income reg—1

Lehigh Valley
5s stamped
5s stamped
5s stamped

Coal

96%

90

90'%

11

90

91

2

95

—1974

registered

;

90

96'%

4

90

96%

91

91

3

91

93

F-A

65

66

6

65

70%

J-J

67

68'%

18

67

72 Va

35'A

38%

338

35'A

41%

Af-N

Af-N

89%

84%

89'A

5s

2003

Af-N
Af-N

86%

83%

87%

99

99

Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett

A-0

90

35%

37

A-0
A-O

&

modified

Myers Tobacco

5s

-1951

101%

F-A

F-A

1964

1

Lehigh Val Harbor Term gtd 5s
1954
I^ehigh Valley Ry Co NY 4%s ext_1950
Lehigh Valley RR—
4s stamped modified:
2003

stamped

97

100

"101

Af-N

'-1

94

Co—

2003
2003

•'

94
88

94

Lehigh Coal & Navigation Co—

2003

>

113'%

Ltd—

4%s stamped modified
4%s registered

—

101%

75'%

J-J

96%

1

"93

101%

J-J

72

133

95%

"86%
-

105'A

99%

"100%

65

67%

95%

J-J

103'A

79

101

J-J

95%

65

A-0

1971

G__

3'As
nnpp

J- J

1990

mtge 2s ser H___
1st

Jan 2015

101%

56

101

J-J
J-J

Kings County El L & P 6s
Koppers Co 1st mtge 3s

4s
ser

1st cons mtge 3%s ser E

11

104% 105'A

99%

103

98'A
46

101% 101%
101

1961

i
_•

96

101

__

1047/e

—1961

Plain

unguaranteed

"101%

105%

7,

'

103% 104%

gold 5s

Ed El 111

—1975

2%s_—1974

S F mtge 3%s ser A

East Tenn Va &

3s__1950
1968

City Terminal Ry

96

100'A

"101

110

108'/a 108%

Af-N

Chemical 2.35s debs—>
tSADul So Shore & Atl gold 5s

97%

82

X

'

Tunnel

10

74

"97

J-D
A-O
A-O
J-D
A-O

tAKreuger & Toll 5s

8(3

104'A 104%

J-D

Dow

Light

65%

108% 108%

M-S

.1958

Det Tol & Ironton RR 2%s

Duquesne

23

'

;

1st lien

gold

Detroit Term

64

Apr

.1993

<

series

debentures

conv

89

fixed

int)
3%s series G

;

J-D

1978

1st mtge 3%s series B

4%s

contingent

Edison

88

J-J

—

(3%

1st mortgage 2%s:——:
Kansas City Southern Ry 1st
'1st mtge 4s ser A
1

Central gold 4s
^_1987
Kentucky & Indiana Term 4%s—1961
Stamped
;
1961

(4%%
2018

Lake

Salt

Income

72

72

K
1st

—

contingent int)
Denver

A-O

Lt

&

Kentucky

Grande West RR—

mtge

gtd gold 4s__1990
City Power & Light 2%s^_1976

Pow

96%

1st

A Income

Af-S

Central

Kanawha & Mich
1973

;

tr

2%s____1976

102

May 1 7042
&

J-D

Jersey

Kansas

C

ser

Jamestown Frankl & Clear 1st 4s__1959

"98

"101% 102

division

coll

&

Rio

A-O

99

103%

Co—

4-6s

Power

J-D

1965

"99% 100%

div

due

& Essex

Coll

RR

Western

J-D

1965

j

West

&

&

ref

Income

Morris

Denver

debs

J-J

1978

& Hudson 4s extended

Delaware
N

2%s

A-0

1978

1st

'

95,

103

A-O

1st

York¬

>;3s

93%
102%

>

1957

4S—.

A-0

.

96'%

-LFeb 1957

1st 5s A

3%s

A-O

3s

27

"102'A 102%

gold

Af-S

1st

94 'A

9 7'A
124'%

95

5

94

94'/a

96%

gold

.1977

Baking

series A

gold 5s

97%
121 %

126

1st

"103%

'•

-

—

—

96%

Extended

104% 104%,

„

5
--

97'/a

"93'%
"119

101%

.1982

Steel

97

96

103%

108

B

Crucible

96

96

__

106

A

Continental

61

100%

ser

Power

f 5s

s

2%s

Telep 2%s series A

Central

ser

,Consumers

—

It
98

54 %

"97

96

A-O

95'%

8

.1965

D

68

2

122

105%

104'A

mtge

series

12

56'%

'

87%

104%

mtge

3s

.

101%

62'%

ref

ref

—

Af-N

..1978

income 5s

ref

ref

1st

Corp

Manhattan

&

AAdj

&
&

97

68%

&

1st &

J-J

_1976

2%s

M-N

Hudson

ist

1st

.

H

1st

23/4S
25/8s
mtge 2%s

1968

M

1st

3s—L_—

J-D

_

104 % 104%

J -J

4

.

10%
103

97'A

1

.1961

3Vis

New

104 Vi

9'%
102

54%

55'A

1962

61%

"105

J-D

Edison

Apr

1949

81%

13

106% 106%

„

,

70'A

97

A-0

_

"47

47

F-A

3s series N

Cigar

Util

68

1969

Jan 2044

__

Louisville Div & Term gold 3%s_1953

3s series L

1st mtge

Consolidated
Consolidated

States

1st mortgage

•:

96'%

35

99% 100
68
69'%

102% 103%

F-A

1st mtge

Conn River Pwr

J-J

5

9'/a

78'A

95'A

11

—

102% 103

J-J

Commonwealth Edison Co—

Conn

_

seris D

inc 4s ser B

Collateral trust 3%s
Gulf

,

3'As__

-July 2015

B

1970

'

1st

ref 3%s

Gen mtge

J-J

.

70'A

77%
95'%

9%

93
89

75

RR—

series

mtge inc 5s ser A

1st &

92'/a

7

„

'

96%

86'A

—

10

95%

9 %

117%

93%

76'A

95%

102%

—

89

"65'A

A-0

_1975

94

87'%

110'%

121'%

116

48

76'A
.<

Feb
-1959

1st mtge 3s series B

M-S

Toledo

Gen

Ohio

&

ref 4s

Illinois

Columbus

&

B

1999

—1

102'A 102'A

El

&

95 %

95

•

Feb

109%

87

1007/a

120
3

_

J-J

Household

92

83%

"104% 105'A

Ohio

Mobile

1st

17

__

117% 117%

•

.

J-J

_1961

Hocking Valley Ry 1st 4%s:

29

A-0

Columbus

Gulf

—.

61'%

M-S

Sou

ctfs

'

J-J

A_

Greyhound Corp 3s debs____

Ry—
Af-N

'<

}

99%

105'% 103

105%

100

12

107% 107%

.103

I-* O O

__

1

85%

1st

-1973

103'/a

2

95

J-J

101%

115

(stamped modified)
-1980
Columbia Gas & Elec 3 Vis debs_. -1971
3V4S debentures
-1973
&

2000

-2010

Bay &

ADebentures

J-J

-1982

_

Q—

ser

1

100% 100%

—

107%

A-O

.

1990

—

J-J

"101%

A-O

-1972

4Vis

N

ser

_

Af-S

10

63'%

105% 105%

F-A

103 '/a

85%

"121%

J-J

Hackensack Water 1st mtge 2%s__1976

79

&

Pittsburgh RR—
Series D 3%s gtd
-1950
Cleve Short Line 1st gtd 4%s
-1961
Cieveland Union Terminals Co—

59

109% 109'%

J-J

107'A

99

1

"104% 105

—

59

100%

92

83%

"84%

J-J

;

65'A

103% 100%

J-J

_

106%

60%

J-D

_

_

mtge

AGreen

«—( O O

85%

102'A

__

61'%

M-N

.1970
.1982

mortgage 3s_

Colorado

104%

119
•

_

1952

1973

_

_

_

100

—

83%

J-D

.1977

Cleveland Electric Ilium 3s

Cleveland

J-D

.1993

Div

1st

"107'A

B

D

102%

"101'A 101'%

__

i

102'%

•

Af-N

Gen

1U6%

"

B

impt 4%s series E____

St Louis

26

—

—

104%

56%

95
4

&

M-S

series

Gen

103

104

104%

1

4%s

Hudson Co Gas 1st

.

series

100'A 100%

—

.

20
/

Louis Ry—

gold 4s

General

100%

104'%

59

J-D

1969

series

3%s

106%

102%

106% 106'/a

1st mtge 2%s

General

103%

103

104

M-S

1st

Cleve

5

Ry

5%s

mtge

72 »A

104

J-J

1st mortgage 27/8s_
Cincinnati Union Terminal—

City

104

___1962

conv

4'As series D_

Cine Gas & Elec

104

59

59

60%

"103 % 103%

1st mtge 2%s_1965
Co—

Co

Gen

77

70%

"102

1952

76%

,

Chicago Union Station—
1st mtge 3%s series F__
1st mtge 27/8s ser G_

102

Ry—

M

F)

Northern

General

106%

90%
103

"101% 102

(B

General

"101

Memphis Div 1st gold 4s

59 Va

M-N

1956

_

Gen

106

211

103% 103%

J-D

Gold 3 Vis

103'A

17

"102% 104

M-S

deposit-

General 5s series C_
'

Apr

of

inc debs_

conv

Goodrich

54

52 Vi

Certificates

Gas & Elec of Berg Co cons 5s
-1949
General Realty & Utilities Corp—

65

63 >4

Ry—

4s series A

.1961

3s

77%

3

J-J

High

87

20

•

&

83

76'%

__Jan 1 2044

B

ser

Chicago Rock Island

13

621/4

1956

Jan. 1

Low

120%

•

76%

4s

inc 4%s

conv

118

GIVi

—

Range Since

Sold

No.

101%

104% 104%

Af-N

debs.

& Rub

Francisco Sugar coll trust 6S„

74'A

1

v.-

85'A

Chicago & North Western Ry—
2nd

43%

2

Tire

tFlorida East Coast" 1st 4%s__
A 1st & ref 5s series A

6iy2

A__Jan 12019

ser

31

75
119

RR—

B

ser

45

119
—

Firestone

98%
94%

A

44

__

1994

mtge 4%s inc

109'%

32

J- J

A

ser

Gen

4'%s

97%

'

Southern

&

1-0
<'■'

97%

Bonds

109%

Jan 2003

A_:

ser

111'/a 111'/a

44'A

J-J

3

"100

'

97%

Af-N

1988

110

Jan 1983

A

ser

k

•:

Af-N

1982
A

111%

F-A

J-J

AGen. inc mtge 4%s
__Jan 1 2038
Chicago Ind & Louisville Ry—
A 1st

F-A

1985

Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series

110

F-A \

1997

conv

ser

J-J

High

39%

39%

1

37

40

39%

46%

— —

42

42'%

47

81

44

73

19

70

74

120

120

107%

108'A

37

104

42'A
'

"35
44

70

44

63

"119%
108

107% 108%

8

49%

Is

(724),.

THE

& FINANCIAL CHRONICLE

COMMERCIAL

v."

Monday, February 14, 1949

NEW YORK BOND RECORD
FOR

RANGE

WEEK

ENDED

FEBRUARY

n

JI

1

M
Friday
BONDS

Interest

New York Stock Exchange

Period

-

■.

Friday's

or

m-N

__19€2

ALcmbard Electric 7s series
Lwillard (P) Co deb 5s

1®52

A

Bonds
Sold

Bid & Asked

Low

Ltttle Miami gen 4s aeries A

.'

Week's Range

Last
Sale Price

*mVa

debentures
Lwiisviile Gas A Elec

Northern

A-O

103'A 103%

Prior

36

1966

M-S

107

107%

108

4

108 '/a

102%

19

1

103%

,

*.

ret

Louisville

mtge 3s_

A

Nashville

RR—
■

1st &

rei M 3%s series F
1st A ref M 2%s series O
1st A ref M 3%s ser H

a-o

5003

*82

A-0

2003,

St Louis Div 2d gold 3s
Atl Knox & Cine Div 4s

92%

A-0

—2003

—1980

V

m-N

*93

1

92

30

92%

99

83

99

Jf-8

1958

99

1997

%

*107%

93

—

J-J >> '

3'As

M
Maine Central RR 4%s ser A
1st mtge & con 4s ser
B

.I960

J-D

*91%

M-N
M-N

<

87

87

1960

/J-D

Metropolitan Edison 1st mtge 2%t_l»74
Metropolitan Wat Sewerage A Drain
(see Foreign bonds)
1
Michigan Bell Telephone Co—

'

*101%

IV

97 Va

101%

4%s
i
States Power Co—

1978

—

Michigan

1988

—

Michigan

Cons Gas

mtge 2%s
lit mtge 3%s

tSAMidland

of N J

195J1

103% 104
*99%

<

1979

M-8
M-8

1969
1940

M-8

1st ext 5s_

1st mtge 4%s inc ser A
AGen mtge 4s inc ser A
Mo Kansas A Texas 1st 4s

Mi»ouri-Kansas-Texas
lien

40-year

5s

4s

4%s

adjust

^Missouri

Pacific

A

ref

5s

series

G

&

ref

gold 5s

A 1st

&

ref

5s

1978

series

Essex

1st

105%

1979

2%s

mtge

Nnghvllle

5

58

gtd

84%

10

51%

48

69%

47

82

85'/«

67%

,18

66

67

70 Va

52

69

80'/a

66

67

*64

71%

69

69

72

78%

38%

42

556

38%

81

523

77'A

78%

80%

73

78'A

3s

80'/a

24%

447

22%

135

77 Vi

77"%

77'A

80%

217

M-S

*60%

63%

1986

1978

1955

1955

St

1961

gtd

1

14

13

96

!

V/

97%

95

i

>

102%
97%

vi

97;.

/ 100%

1

'

i
•"'

• >

■

Term

5s

series

5s

81 Va

74

7 5'/a

91

91%"

58%

4%s
5%s

Ntw York

debentures

5s

1953

101%

J-J

1

117

4%s

f-a

92%

99%

it

'

98'A

—

r

M-

2

103%

17

93%

94

104%

,

1

en CO Cfv

105'/a

92%

90 "

93

90%

13

95 Va-

95

89

40

87%

92

deposit—
A

1954

deposit

RR

a"-o

95

94%

50

»5

94

>"

93

______

A-0

59%

mtge 3%s
registered

1997

97'/a
93

*

57%

230

56

61 Va

59

60%

279

59

66%

66%

65%

68

78'%

78%

79%

1997
1998

F-A

—1998

F-A

3Vis

registered

56

A-0

J-J
J-J

Mich Cent coll gold 3%s
3%s registered

1998

F-A

1998

*73%

56%

147

65%

18

78 %

Ref mtge 3'As ser E
3s

75

75

"9

56%

61

5 6'A

56%

56%

60%

58

58

74
57

56%

F-A

56%

56%
*53%

13

56%
63

—

81%

J-D

,

94%

97

1986
ser

AO

92

92

15 :

92

92

B—1975

A-0

89%

90%

10

86%

91

99%

101

1st

gold 4S_.
N Y A Harlem gold 3%s—
Mtge 4s series A

Mtge 4s series B
Lack

A

series

Y

New

1st

A

2000

4s

series

M-N

2043

J-J

—2043

J-J

A

1973
1973

&

Hartford

mtge 4s ser

—2007

4s

1954

AGeneral

A

West

Elec

A

Gas

ctd 4s

gold

3s

Falls

series

Ry

Central
ref
for tr~

4%s

gen

*__

10

70
80

100

69 Va

78

■

72%
81

66%

284

64%

?

.

*

101 Vi

104'A

2

•

104

luO'/a

100% 100%
104% 104 %

.

103

47

x

101%

104'A

II
%

100 ft

A-O

—,

63%

60

55 %

77

66 '/a

104% 104%

m-n
103

.103

A-O

100

100

100%

101

5

101'A

103

102%
106

106

103

99%

25

102'A 104%

j-d

104

5

j-d

100%

4

104'/a
103

101

*114% 124

101 %

114%

__

125

116

102'A

106%

33

108'/a

106

110

97

100%

97

99

76

97

101'A

98

A-O

j-j
A-O

v

98%

61

96%

101%

100% 101'/a

94

99%

102

85%

■4

83%

108% 109'A

76

106%

85%

J-J

1963

J-D ^

4s

ext

108%

87

*-_

59

109%

1960

A-O

Apr

1974

F-A

Marquette Ry 3%s ser D

1980

m-S

1974

F-A

*114%

1977
1961

j-j

*106%

1971

j-d

100% 100%

5

99%

1967

M-n

101

101%

27

100%

100% 100%

3

100%

11

99%
99 %

2

101'/a

102%

4s

A

series

13

59

98

13%

13

34

104% 104%

1

97%

104%

18

98

96

61%
16

104%
98 '/a

Wash RR Co-

5s

B

ret 2%s

2%s_i

j-j

A

ref

ref

2%s

1974

ref

2%s

1981

j-d

ref

2%s

105%

M-N

A

101%

v

•r

102%

10
5

98%

2

*102% 108

m-n y

*105%

*103%

.

115
109

105%

106%

9%
15

J-Dc
F-A

j,

9%

98%-

j-d.

99%

102% 102 %

9%
F-A

114
109

23

101% 101 %

*9%

J-J

•

__

__

105% 105%

99%

F-A

1978
s

9%

101%
97

100%
102

99%

10

9t» Va

107 Va

,.-•

ii

10'/a
102%

107%

__

__

F-A

*107%

__

m-n

*114%

__

114 Va

114%

1

104'/a

107

105'/8 106%

13

104'/a

108

88%

14

101% 101%

1

106% 106%

j-d
A-O

105%

A-O

88 'A

U-N

1965

j-j

1958

1021/4

A-O

1958

debentures

Pittsburgh Steel 1st mtge 4%s

88%

86

88:!i

100%

101'A

100%

102'A

101'/a

j-d

102% 102%
*101% 103

101%

Pittsburgh A West Virginia Ry—
1st

mtge 4%s series A
mtge 4%s series B

*__

93

89'A

92'A

1959

A-O

87

87

87

87

92

1st.mtge 4%s series C
1960
Pitts Youngstown A Ashtabula Ry—
1st gen 5s series B
1962
: 1st
gen 5s series C
1974

A-O

86%

86%

89

86%

92

1st gen

Pittston

4%s series D

,

1977

5%s inc debs

Co

Potomac

Elec

1964

Elec

debentures

1st

&

ref

1st A

1st

3'As

1st A

ref

mtge

*101%

J-J

M-8

99%

M-N

101'A

99'/a

99%
106

—

100'A

106%

109
—

99%

101% 101%

—1968

3s

J-J

*107%

2037
20*>'»
1972

1968

5s
mtge 8s

ref

*__'

99'/a

99%

101'A

101%

107'A

107'A

Gas Co—

ref mtge

A

100'/a 100'/a
*106%

1963

4s

&

—

mtge

100%

J-J

1983

Terminal

Service

J-J

1956

mortgage 3s

Providence
Public

45'/a

44

45%

459

44

48'A

M-N

*103%
8%

,-1963

8%
4

103%

J-J

*146'/a

J-O

*210

M-N

*104

9

112

8%

4%

13

M-8

99%

99%

1

98%

A-0

60%

62%

17

60%

*95%

96%
12

106%

J-J

4

—

58

146%

147

215

215

104

—

219

104%

107% 107%

1937
1937

J-J"
F-A
M-N

42%

F-A

42

%

*~

18%

18%
*69

45

5

63%
107%

19%

Reading Co 1st A ref 3%s ser D_,_1995

Reynolds

(R J)

70

46

22
75

97%

M-N

Tobacco 3s debs _1973
& Elec Corp—

A-O

M-S

91%

92

*102% 103'A
*-_

100%

102

86%

93%

102%

103'A

106

106%

125

Gen

mtge

,1977

mtge

.1967

M-S

*107%

,_1967

M-S

*106%

_1969

M-S

*106'/a 106%

,_1949

J-J

stamped— -1941

J-J

4%s series D
3%s series H
mtge 3%s series I

35

18%
73

~2

102

Gen

—

98 Va

1

1

rotop

3'As

series

t ARut-CanaGlan

IS

t§ARutland

4%s

J-J
F-A

100 Vi 102%

103'/a
101%

102'/a

Saguenay

US

108% 108%

108%

108%

St Lawr

RR

J

sxarspen

*9

9%

10

10%

10%

9%

10 %

99 Va

104 'A

J-J

1966

Co—

98

104%

98%

104% 104%

n

2d

inc

Gas

Rochester

Gen

43%
35

37

102

11'A
100

__

10

J-J

103%

■

107%

1964

/ Quaker Oats 2%s deb.

2014

1st gold 4s_1996
& ref 5s
A
29.




Power

A

gold

Adir

3s
1st

99%

97%

*__

80

73 %

1996

*__•

103

1955

*100

1971
1996

series A
gold 5s

6s

St L Rocky Mt & P 5s stamped

St Louis-San Francisco Ry Co—

1974

1st

1974

A2nd

mtge 4s series A
mtge Inc 4%s ser A

1997
Jan 2022

i

*109

F-A

J-D

F-A

mtge 3%s„ 1966

1

i

J-D

1977

1st

Pwr

1st mortgage 3 Vis

1981

r>*ge

93%
97

101%

69%

May

tv.it,—

merles
pp

99% "

Apr 1990

1982

3%s

mtge 5s conv
& Western Ry

95%

97 Va

103%

Pekin Union Ry 5%s

1978

F

Power

35

100% 101 %
103% 104

104

1985

gold 4%s series C

3s

100

64%

1943

gold 5s
N Y Telephone 2%s ser D_
Ref mtge 3%s ser E
mtge

99%

64%

1940

5s—

1st

Norfolk Southern

100

114

69%

J-J

4%s

§ATerminal

1993

2%s

Y Steam Ccrp 1st 3%s
JN Y Susquehanna & western
§ A 1st refunding 5s

gold
§ AGeneral

99%

*98

J-D

N

§A2d

*_-

J-J

1955

1st enns

96

93%

,

.

1984

series F

Eastern

A

1st

*101
'

M-N

M-S

Light 1st mtge 2%s—1975

Putnam

97%

100% 100%

M-N

4s___June 1992

4s

N Y Power &
State

ref

26

~

RR—

A_

AGen mtge conv inc 4"%s ser A-2022
Harlem River & Port Chester—

JAN Y Ont

*96%

F-A

B

Haven

ref

1951

'

West

93%

95%

M-S

1981

debentures

conv

1st

—1980

F

ser

98 Va

j-d

Pittsb Coke A Chem 1st mtge 3%s_1964

73

New York Chicago & St Louis—
mtge

95'A
103%

F-A

1952

3%s

mtge

3%s

& impt 4Vis series
2013
Ref & impt 5s series C
2013
N Y Central & Hudson River RR—

Dock

II

98%
103%

A-O

f 4a^
1937
.A Certificates of depositPhillips Petroleum 2%s debs
1964
Pittshurg Bessemer A L Erie 2%s__1998
Pgh Cine Chic A St Louis Ry—
-- .Conk gtd 4s series
F;—__—.—,-1953
Cons gtd 4s series G
-1957
Cons gtd 4s series H
-1960
Cons gtd 4%s series I
—1963
Cons gtd 4%s series J
1964
Pgh Cine Chic A St Louis RR—
Gen mtge 5s series A—,—.—1970
Gen mtge 5s series B
1919
Gen mtge 3%s series E
1975

Co—

Connecting RR 27/aS

.97

5

Pittsburgh Consolidation Coal—

A

gold

D

series E_

3'As

t§APhilippine Ry 1st

104

103

55

88

89

;

93%
*

1st

100%

—«w-»

p-a

93%

1st A

93

1956

97

1st A

103 %

1

92%

"

102%

1965

A

B

series

4'As

deb

1st

117%

103%

—

103

94

101%

1968

series

1st A

1

a-o

deposit

of

coll

101

Ry—

Ref

Shore

_7

*98%

J-J

1952

Philadelphia Co coll tr 4V»s
Philadelphia Electric Co—

99 %

1104% 104%

56%

3%s

101%

103 % 104 Vi

H

J-J

U

1965

General

,

gtd 4s__
Mexico

J-J

103'/a

1960

General

105 %

*100'/a 100%

f-a

3Vis

105

*104

1998

General

11

105 %

A-0

1952

103

,rl:
•f!

*

series

mtge

Phila Bait

104

117% 117%

*

103%

101%

101%

M-S

f gold 4%s—1955

s

sinking fund 4%s
4%s

Gen

*100

m-8

j.1983

1st

debentures

f

s

Gen

f-A

D

series

series

105

105

m-N

102 Va

38

*98%

M-S

Conv

100'/a

103'A

deposit

of

Central

4s

5

1956

series

Certificates

103% 103%

.1954

of

ACertlficates

103%

101

104% V

35

*101

J-D

1978

106

102%

4

89 »A

99%

23

J-J

C

Certificates

1

88%

89

99% 100%

*98 Vi

i\

106
I

•101% 102 %

A-O

Pere

101%

'
■

Peoples Gas Light & Coke Co—

1982

1st

of

series

J-D

i

10o

101% 102 %

A-O

General

78 %

28

t

1985
1987

General

46

1988

B_

Certificates

A-O

debs

Tel 2%«

&

General

74%

*87%

•

\

v

.*

„Vj*3,V

104'/a

101% 102%

j-d

Gtd 4s series E trust ctfs

101 Va

79%

1988

1st 4s

JNew Orleans Texas A

For

14

103% 103%

102%

j-d

1986

Peoria A

J-D

_1952

Telephone 3 Vis

RR

Ntw Orleans

&

28

97%

103% 103%

J-D

1980

A 111

103'A

63

*99%

r-A

1986

——1981
——1982

R

ser

debentures

3s

"l

92

3%s

debentures

Cons

Louis—

Ref & Imp 4Vis series A_

Gen

105%

Pennsylvania RR—

57%

*91%

Tel

M

Pennsylvania Co—

74

74

ref

Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power A Light Co—
1st mtge 3s
1975

78%

A-O

2000
-

-

Nw Jersey Power A Light
3s—1974
Ntw Orleans Great Nor 5s A
-1983
Ntw Orleans A Northeastern
RR—

Northern

13'/a

102'/2

*106%

j-d

_1977

A Passaic G A E cons 5s_1949

-■

56 y8

56 '/a

2%s series P

series N

Pennsylvania-Central Airlines— *
A3%s conv income debentures—1960

82 Va

101

ref

&

3%s

101% 101%
56 %

3s

Paterson

62%

103%

*104%

f-A

M-N
J-0
M-N
M-N
M-N

1958

77'A

61%

ref

Paducan

82%

F-A

&

3%s debentures

26%

80%

B

ser

N J Junction

Norfolk

105%

'

82%

m-N

AGen

15

104% 104%

j-d

j-d: -v'-v

2%s

82%

78%

J-D

Ref

I

: f
•

.VVl
i

j-d'-.v

1971

1

3 %s

44%

77 'A

77%

1967

Niagara

j

*95%

<

1979

Pacific

82%

39%

77'/a

22%

1954

Y

•».

97%.

A-O

—1974

1st

70

23

1966

lit gtd 4 %s series B
3l debentures
New Jersey Bell

N

99%

98

'102

-v:

1st A ref 2%s series Q

\

77%

NaUgautuck RR 1st gold 4s
Ntw England Tel & Tel 5s A

N Y &

13

■

102%

j-d

L

1st A

74%

85 %

ref 3s series

&

1st

87

84

M-N

J-D

1st

13

-

j-d

lst ,& ref 3s series M

34

72

82

,

1st

102'A

1991

3Vis

Chattanooga A

1st mtge

N

J-J

US

.-I960

1st A ref 3s series K

€2

58

101%

10

A-0

National Dairy Products 2%s
debS-1970
3t debentures
1970
National Steel Corp 1st
mtge 3s
1965
National Supply 2%s debs

4%s

99%

96'A

i

—_1970

1st A ref 3s series J

N

Y

:

1st A ref 3%s series I

A Income

N

J'

U;

■J'i

Peoria

1st

105% 105 '/a

103%

—

J-D

3s

N Y

U-N

K

102%

102%

1981

I

Constr M 5s series A
Constr M 4%s series B

N Y

*__.

102Vi

F-A

100

1980

H

Mountain States Tel A Tel 2%s
3V«s debentures

Lake

A-O

98%
*

-_1975t

106%

100

21

98%

1949

series

Mob'k A Malone 1st
gtd gold 4s
Monongahela Ry 3%s series B
Morrell (John) & Co 3s debs
Morris &

/

69%

82

"'A
M-B
M-8
M-N

1977

A

ser

A 1st

Cons

A-O -:v

A-O

81

74

50

50

69'A

A-0

1975

A

A

15

95

89
101 Va

■'

F-A

___1973

101 Va

101 Va

84

,,

J-J

1965

F

gold 5Vis

84

J-J

Jan 1967

series A
series

A 1st

17

63

98%

-

1977

Oklahoma Gas A Electric 2%s

Co—

5s

AConv

5
9

74

58

J-D

1978

A

ref

A 1st

94%

102%

98%

102

102

J-J

1st mortgage '3'As—_^:_—>—L-l978
Oregon-Washington RR 3a aer A__19oo

100 Va

102'A 102'A

J-J

'

1962
D

&

A

%■'

Pacific Gas A Electric Co—

*102% 104

J-J
J-J

-1990

B

A 1st

Albi

95

103% 104

105% 106%
*__

A-0

1962

series

RR

74

74

A-O

Jan 1971
Jan 1991

A

series

5s

A 1st & ref 5s
A General 4s

A

.

:;

1978

tOgdensburg A Lake Champlaln Ry—'
§ A 1st guaranteed 4s_
:
_^1948
Ohio Edison 1st mtge 3s
.--1974

RR—

series

series

Hen

ACum

A 1st

94«

-V

1975

__

101% 101%

M-N
J-J

1952
C

Minnesota Mining & Mfg 23As
1987
Minn St Paul A Sault Ste Marie—

1st

^
A-0

mtge 3%s_1969
1969

1st

1st

Prior

88

90

•

94"%

Central—

deck Lans & Sag 3%8
l«t gold 3 %S
Ref & Impt 4%s series

Prior

61

84'

9

64%

■

M-S

.

.

debentures

94'A

'

'

3Vas

J-J

MrS

-1914

mtge 3s—

debentures

1st

103

100 Va

;102% 103

M-N

<

97

4

59%

8

*

O

93'/a
89%

8aVa

10

97%

i

2047

—

v

-

71V'4

92 %

_5

68%

97%
/

69%

95
87

*__

J-J

9

71

70

<J-D

1954

Mao atl Sugar 4s sink fund—Feb
11957
Manila RR (Southern
lines) 4s
1959
llu Dept Stores, 2%s
debs
1972
Matd Corp 1st mtge 3s:

6

87 Va
•

J-J

101 Va

100%

101 Vi

*98

M-N

4 v.

,

101'/a

98

61%

'

1st mtge 2%a_—
Northwestern Bell Telephone—

•

i-

106 Va-' :

102

l
28

-

61%

87

Q-A

2047

(Wise)

_lt72

?i
•

High

Low

62

61% .62%
61

-2047

(MinnX 1st mtge 2%s
1st mtge 2%s
1st

Macy (R H) A Co 2%s debs

■

Jan. 1

No.

<

100% 100%

61%

Q-Fr

i._2047'-

'

..

107%

High

104% 105

Q-J

Jan 12047

trust

Northern

93%

"

Range Since

Bold

'

Coll

83%
:y99'%

107%

—

..

92%

'

79%

99%

Bonds

Friday's,

or

Bid & Asked

104%

Q-J

1997

4s

,

3s registered
Rqf & impt 4%s series A
Ref, A impt 5s series C
Ref A impt 5s series D

106%'107 Va

ir

Week's Rang*

Last
Sale Price

Pacific Railway—

lien

4s registered
General lien 3s
•

lf-8

3 Vis

io8

108

•

1st A

Friday

)

Period-

(

F-A

——_1S63

.

.

•

Low

—

126%

::

1951

1978

9s

Interest

•*

High

Low

«#

,

New York Stock Exchange

Jan. 1

.

No.

High

MJ Q N J) g

Range Since

■

I-S

98%

76

86

86

99 %'

99'A

n
1"

.Volume-169

THE

Number-4777

.'

COMMERCIAL & FINANCIAL

CHRONICLE

(725) "29

NEW YORK BOND RECORD
RANGE

Friday

Week's Range
or
Friday's

"

;/\"
j

■

Interest

BONDS

i

.

Last

Period

New York Stock Exchange

Sale Price

St
>

Lou is-Southwestern Ry—

vlst 4s

bond

"M-N

2d

High

No.

108 % 108%

4s inc bond ctfs
Nov 1989
Gen & ref gold 5s series A
1990
St Paul <fc Duluth 1st cons gold 4s_1968

Low

1971

A-O

•100%
•127

Paul; Union Dept 3V«s XL
Scioto V & N E 1st gtd As
Seaboard, Air Line RR Co—
-

,/•

.'•90

J-J

102

1989

105

J-J

Jan 2016

AGen mtge 4'/2s series A

J-J

_1966

Union Oil 2'/»s debs
1971
tS ^Silesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
1965

A-O

Socony-Vacuum Oil. 2'%s

1976

J-D

1963

A-O

Sons 2%s

&

Shell

South &

Nor

Southern
3s

Ala RR

Bell

gtd 5s

Tel &

Tel

United Biscuit 2%s debs

debentures.
debentures

1985

•

•

14

40%

1
5

95%

50

43

N

•95%

Va

102%

100 %

94%
97

97%

75%- 75%

6

74%

76%

140

100%

93%

93

94 %

135

92

90

89%

90%

90

>89

3

100

1st mtge 2%s

100

J-J

1996

J-J

1961

J-J

_1994

J-J

series F

1st mtge 2%s series G
Southern Ry 1st cons gold
Devel

1986

...

'

100

5s_

86

A-0\

82%

94

115%

86%

82%
94

Gen

94

84

87%

6

80

84%

10

94

95%

30

111%

gen

4s series A

1956

97%

93

95 3 4

gen

6s series A

:1956

.A-O

106

105% 106%

20

105%

gen

6'%s series A

1956

A-O

lOf)

109

109

9

108

1996

J-J

106

106

1

106

3 '/as

102% 102%

A-O

1985

debentures

102%

97%

M-N

1983
;

ASpokane Internat 1st gold 4'%s„2013

Apr

•51%

Af-N

103% 103%

Standard Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s

1966
1971

F-A

Sunray Oil Corp 2%s debs

1966

J-J

Swift

1972

J-J

1973

U-N

&

2%s

Co

2%s

debs

debentures

3

95%

57

98

96

2

104

103%

97%

94%

West

Penn

West

97

97%

97%
101%

Western

98

Texas

&

2019

New

Orleans

A-O

1965

M-N

99%

99% 100

105%

1st &

ref

M

3%s

series

1st &

ref

M

3%s

series

C

1990

A-O

gold

5s

2000

J-D

Texas

Pacificist

&

B

Thud
A

RR of

Orleans

1985

Ry 1st ref 4s
income 5s

•98'A

99%
105'A

1st

1960

•101%

& Ohio Cent ref & impt 3%s__1960
Gas & Elec 1st gold 5s
1949

40

J-D

m-s

1961

&

1st

Electric Co

Mo

of

344s

1971

A-O

Union

Oil

2%s

1968

Calif

of

deb

3s

Co

&

§ A 1st

Union

Pacific

27%s

1976

2'%s

mtge

109

A

A

Mfg

series

C

1991

10

M-S

A—

92%;

52

'

51'/a

2

52

52%

•98

100'/a

J-D

,106

92

J-D
J-J
M-S

106%
55

•
.

108'A
58

•

108'A 108%

:-.w-

35

106%

107%

108'A

'

'

106%
109%

58

59%

63

59

57%

28

57'/a

62

Yz

100'A

101 %

6

99'/a

100%

84

100'A 100%

99% 100

.

M-N

101%

101% 101%

22

101%

101%

M-S

101'A

101'A 101'A

31

101'A

101%

85%

82

101'/a 101%

55

101 %

30

99%

J-J
M-S

100%

99%

1992

1st

J-J

1958

A-O

•102'A 102%

1960

4s

M-S

1967

3s

J-D

1970

D

Af-N

J-J

•113

J-J

•101&

86%

84

101%

-

99%

100

101%

100

88

101

100

J-J

1949

1949

B

Central

101 Ji

•94%
98%

99'A

10

99%

98'A

99%

5

99%

97

96'A

99%

102'A

104

112'/a

112%

Ry—

of

Public

99%

1973

mortgage

S

85%

J-J

IP"7!

series

1st

84'A

deposit

Service

73'A

80

72%

77

85

75%

44

49%

J-J
1936
1976

44%; 47 %;

Af-N
J-D

46%

3'As

1971

1976

95%

97'/a

•104% 105%

J-J

2%s

46%

96%

104%

104%

•96

J-J

100

Deferred

109

Included

100%

not

100%
•

102%

104

1

92%

the

impaired

Bankruptcy Act,

Included

93%

A Bonds

In

the

or

by

year's

range,

d Ex-Interest,

sale not Included In

94

94

e

Odd-lot

the year's range,

r

sale not
Cash sale

■

maturity.

being in bankruptcy, receivership, or reorganized
securities assumed by such companies.
as

•Friday's bid and asked prices;

103

92

not

'93'A

year's range
n Under-the-rule
the year's range,
y Ex-coupon.

in

SCompanies reported

100'/a

100%

4

delivery sale

the

§Negotiability

104%

99%

in

included

Power

no

selling flat.

under Section

77 of

sales being transacted during current week.

^

'

NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In

footnote

a

In

and deferred

the

week

In

delivery sales

which

they

AND

YEARLY

RECORD

disregarded in the week's range unless they are the only transactions of the
week, and when selling outside the regular weekly range are shown
No account is taken of such sales In computing the range for the
year.

are

pccur.

In the

following extensive list we furnish a complete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Feb. 5,
and ending the current Friday, Feb. 11.
It is compiled from daily reports of the Curb Exchange itself, and is intended to include every security, whether
stock or bond, in which any dealings have occurred
during tne current year.
range

Friday
STOCKS—
New York Curb

Motors

Acme

Aluminum

Acme

Wire

Adam

Hat

Co

Alloys

.

Investors

Air

Convertible

(N

1

common

__

_

__

_

__

_

Great
Power

4.20%

Fisher

&

Friday
Range Since Jan. 1

New York Curb

100

1

Jan

1%

Jan

2%

500

2%

Jan

3%

Jan

$2

27%

27 Va

100

27%

Feb

32%

Jan

$2.50

4%

4 3'4

500

4%

Jan

4%

Jan

1%

300

Appliance
pfd

1

Inc

Hard

1%

Jan

American

Jan

7%

Jan

American

Laundry Mach
Light & Trac common

8%

500

8%

Feb

9%

Jan

6 Va

400

5%

Jan

6%

Jan

American

Jan

American

6 %

3

Mfg Co

10

35%

Jan

35%

1,200

5%

Feb

6'%

Jan

89%

91%

70

89%

Feb

92'%

Jan

American

Meter

93 3i.

50

91

Jan

94

Feb

American

Potash

1,400

4

4

—

4%

"

American

Internat

Investing

Allied

Products

,'Mich)

Altes

Brewing Co

Altofer

Bros

Aluminum

$3.75

3%

Co

Aluminum

Goods

Aluminum

Industries

Aluminum

Ltd

American

American
American

Class

*

Mfg

_

_

•

common

Bantam

Book
Cities

Co

Car

Beverage

class

A_

common

Power

&

Feb

47

8

Jan

Class

Jan

3%

Jan

American

&

Hoe

American

Gas

&

Electric

Jail

com

preferred
see

naee

33.




Jan

13'%

450

13

Jan

13%

Jan

24%

25%

250

22'%

Jan

25 %

Feb

Jan

20%

Feb

Jan

15'%

Feb

3%r Feb

5%

Jan

9

Feb

10 Va

Jan

19

18%

20'%

51,400

15%

14%

15%

000

14%

,_1

3%

3%

4

18,100

Amer

2
♦

class

American

Jan

common

A

36'%

36

400

36

Feb

•41

23%

Jan

27

Feb

Jan

26'%

26%

125

26'A

25%

26'%

1,500

22%

Jan

26%

Jan

21%

3,400

21%

Feb

25%

Jan

2%

Jan

%

11,500

•
•

Jan

3

Republics

21%

21%

10c

%

%

•

CO'A

10

Seal-Kap common
Superpower Corp common
series
preferred
•

2

16%

Jan

5%

Jan

6

Jan

8

Jan

9 %

Jan

American

Thread

48

Jan

51%

Jan

American

Writing Paper common——_5

17%

$6

5%

3,700

95

94%

95%

250

93%

Jan

95 %

24%

25%

300

24%

Feb

26%

Jan

Anchor Post Products

60

61

2,550

%
58

3%

Jan

Feb

%

Jan

Jan

02'%

Jan

4%

4%

100

4%

Jan

4%

Jan

5%

5%

5'%

2,500

5 Vs

Feb

5'%

Jan

5%

5%

5 %

100

5'%

Jan

5%

Jan

7%

7%

500

7%

Feb

7%

Jan

17%

fl

Feb

24%

nreferred

5 %

5%

6 %

350

5%

Feb

6%

Jan

Angerman Co Inc

47%

47%

49%

3,100

47%

Feb

51%

Jan

Anglo-Iranian

1

1%

3,600

1%

Jan

1%

1%

300

1%

—

—

1
1 Va

03

—

Feb
Jan

Feb

1%
66

Jan
Jan

Amer

Oil

2

!

•

6%

6%

Co

Ltd—

dep rets ord reg

Jan

6%

Feb

Argus

17%

Jan

18%

Feb

Arkansas Natural

41%

9,200

37%

Jan

'42%

Feb

Common

111% 111%

175

Jan

111%

Jan

6%

18

10

39 %

39%

111%

111

.6%
106%

15%

Jan

2%

300

2%

Feb

3

Jan

6'/a

7 %

1,400

6'%

Feb

8%

Jan

510

17%

Feb

pfd

Tnc
Gas common

class A non-voting

preferred

106%

Feb

108'%

Jan

1

6%

400

17%

1

1

850

2%

17

£1

Angostura-Wupperman
Apex-Elec Manufacturing Co

900

17%

1

common

Appalachian Elec Pwr 4%%
1

2%

13

24%

17%

25

-

B

50%

1

*

Jan

150

100

common

Jan

34

•200

Light—
———_

Fork

30

Jan

25

Co

Chem

48%

—

B

Feb

32'%

20

Co
&

49

1

Co—

For footnotes

3

*

common

American

4%%

.100

preferred

27'%

25

5%

"*.•

*

425

33 %

16%

—

common

28 %

33%

16%

•

America

of

27%

5%

16%

1

common

Jan

■

1
5

—

cumulative

American

Corp—

common—

_

High

2'%

25

Metal Products

'

Allied

Low

2,300

Jan

5%

Range Since Jan. 1

High
2%

2'A

25

-

common

Maracaibo

35%

93%
-

Co

preferred

5%

1

common—

American

Jan

Jan

Low

Shares

1

preferred

1 %

5%

for Week

1

preferred
Rubber

Sales

Range
of Prices

2V4

10c

7%

3

——

Sale Price

Corp common

convertible

'

'"':-

—•

100

_

convertible

35%
—

Exchange
Par

American General

Week's

Last

High

8%

5%

a

50

Low

'

1

11

STOCKS—
1

1

I;--

—

5

3

Southern

Alabama

Alies

"

in

_

Alabama

Airlines

4/'

'•..•-'v.

_

_

Electric

Shares

High

•
__

J)

Air-Way

Alaska

•

.

4%

preferred

for Week

of Prices

2%

1

Inc

Supply Mfg___
Surpass Shoe Swires
AinsWorth
Mfg
common
Inc

february

1%

1

1
10

common

Agnew

Associates

ended

1

Aero

Air

aveek

Low

warrants

Stores

for

Sales

Range

Sale Price
Par

ACF-Brill

Week's

Last

Exchange

-

106

60 %

59'/a

59'/a

.

_

"l

106

•107'A

Af-S

101%

6

101% 101%

.

F-A
F-A

1951

2%s

Certificates of deposit
Electric Power 2%s

108'A

20

99% 100

F-A

A-O

;

106'A

1951

Certificates

100

3
10

104'A 104 %

104'A

105'/a

n76%

'

1950

§ ASu & Du div & term 1st 4s

Wisconsin

RR—

debentures

Ref

J-J

J-D

6

100

general 4s

45%

99%

102% 102%

M-N

1967

1970

debentures

100'A

89 Yz

106

101%

Wisconsin

101

109

98%

10

.

V;

100% 100%

—

11

90%

90 Va

May

debentures

3%s

mtge

a

M-N

1975

& coll trust 2%s

mtge

debentures

99'/a

100'/« 100 »A

—

A-O

5s

Yonkers Elec Lt &

3s

100'A

10G

1960

conv

^Wisconsin

U
Union

97%

99

1952

5s

39'A

—

•100

—

76

99

99

Jan 2014

4s

Telegraph Co—
real estate 4'As

gold

101'A

•100

81

1

76

"Apr

83

8 .'

6

p2'/8

76

Union

71%

306

'

82 : '

Apr

.-—2361

...

Winston-Salem

97'A
120%

65

•101%

'

m-s

1st

99% 101%

110

43'A

.'(K'd

Apr

1966

Gen & ref M 2%s series A_,

100% 100%

68%

39'A

—

•/■/IT/'

99

103%

W

2361

guaranteed

Wheeling Steel 3'As series C

99

92

118%

—

65

A-O

98
4

99% 100'A

J-J

Trenton

96

120% 120%

99 %

101 Va

106

98

103'/a

1950

gtd

3'As series I

4s

&
debentures

Wilson

99%

•92
—

J-D

Jan 1960

Tri-Continental Corp 2%s debs

'

'

J-J

3%s__1974

Ave

Adj

Tol

New

A-O

1970

Gen & ref M 3%s series E
Texas Pacific-Missouri Pacific—
Term

15

22

105% 105%

RR—

96
96

13

98%

1967

stpd

Wheeling <fc Lake Erie RR 4s

J-J

1985

deb

\

.

M-AT

Power

Funding

101%

2.65s

imp M 4s series C
imp 27%s series D

Corp 3s

' "*

.j

_

1971

Western Maryland 1st mtge
Western Pacific 4'As inc A

2%s

&

V

Af-N

5s

Registered

Terminal RR Assn of St Louis—
&

^

-

-

.

3%s

Shore

96

*101 % 101%

109%

__

96

•103% 104

A-O

debentures 3%s_1976

Westinghouse El

Ref

98 Yz

G & W 2%s debs_1966

Ltg

mtge

30-year

Texas

.

.

conv

103'A

107%

'.'•

(Hiram)

25-year

Ref

.Af-N

103%

42

95%

Gen

51%

97

94%

51 %
102 %

.

-»97

97%

•94%

1995

mtge 3'As series B

Westchester

104

4

•103'%

J-J
A-O

/

100'A

102%
21

•99% 101

Af-S

2003

Baking Co—
V
debs
(subordinated)
1970
Warren RR 1st ref gtd gold 3'As
2000
Washington Terminal 2%s ser A__1970

102% 104

7

97%

104

1st

98%

8

98%
103%

1973

106

106

98%

109% 109%

5%s

106

95%

!
Y

,

105

Ward

110

J-J

76%

Af-S

mtge inc 4%s series B__Jan 1991

Walker

107

&

:

94

75%

TOO

1958

-

Walworth Co

116%

&

1951

High
100%

81

A-O

f.
Gen mtge 4s inc series A__ii.Jan 1981

101

Devel

-

Yz

93 %

•76%.

M-S

•

1st gold 5s—1949

1st gtd 5s

Wabash RR Co—•

92%-

Devel

Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
Southwestern Bell Tel 2%s debs

99

94

1963

5s

i|

,

,

'•95%

16

115% 116%

95%

Coal & Coke

A

.

•"

'I

2%s series E

99%

...

.1978

debentures—;

Ry 3s series B
1st lien & ref M 3'As ser C

1

1st mtge

8

•95%
¬

Af-N

1975

3s series F

mtge

cons

101%

r

100% lOls/o

100

Jan. 1
Low

NO.

High

F-A

97

100%

J-D

•93

.

A-O

—.1957

Virginian

95'A

Af-N

-

ref
conv

Iron

1st

96%

■

•97%

•

series B—

f 4s

s

&

1st

3%s

96%

M-N

•)

U-S.

series A—1955

g 4s

Virginia Electric & Power Co—
1st & ref mtge 2%s series E

101%

95

102% 102%
••

-

1967

—

cons

Va & Southwest

Co—

RR

25

100%

M-S

1st mtg 3%s ser A-1975

Pacific

97'A

96%

Cons

•

_^1981

Sun Pr Term

Southern

96'A

96

Vandalia RR

,

4y2S

.

69%
96

debentures

Universal Pictures 3%s debs——1959

T18

102%

J-J

1994
-

,

(Oregon. Lines) A—1977
4 Vbs*
1969

Gold

'

„

J-J

4'%s

Gold

101%

64

95%

'/

100% 100%

F-A

-

,

1987

:

Southern Indiana Ry 2%s_;
Southern Pacific* Co—;'
1st

100

A-O
Af-N

Range Since

Sold

101 %

73

2%s debs

Bonds

Friday's

or

Bid & Asked

V

95%

J-J

1979

:

27%s

100%

14

67 'A

96%

100%

2%s

103%

101'A

40%

J-J

Week's Range
;

Sale Price

99 Yz

'

1966
1976

Rubber

S

90

101%

Co—

debentures

2%s

96%

Last

Interest
Period

x-

it-

1

•95%'

F-A

;;

U

II

64

65

:

Low

109%

85%
64

„

101

J-D

(Jos E)

9214

101% 102%

M-N

1996

1st mtge 4s series A

Seagram

J-J

B O N D S-

New York Stock Exchange

1.:

;

Nigh

\-V

V

'

9

; •

J-D

St

<•

11

'r

.-•'■v

Jan. 1

,

•'V.". '•

1989

ENDED FEBRUARY

Range Since

•

Sold

.

certificates

WEEK

Friday
Bonds

Bid & Asked

Low

FOR

3

3

3 %

1,300

3

Feb

3%

Jan

•

6'A

6

6%

1.900

5%

Jan

7

Jan

*

6'A

6

6%

13,000

5%

Jan

7 %

Jan

10

10%

10%

1,400

10%

Jan

10%

Jan

100

106% 107'%

10%

30

THE

(726)

RANGE

EXCHANGE

CURB

YORK

NEW

11'

WEEK ENDED FEBRUARY

FOR

Monday, February 14, 1949

CHRONICLE

& FINANCIAL

COMMERCIAL

Friday

Friday
!•

BTOCK8—

.

Sale Price

New York Curb Exchange

ft»nr«

of Prices

Shares

Arkansas Power & Light $7 pfd
Equipment Corp
Ashland Oil A Refining Co
Associated Electric Industries—

American dep rets reg

Coast
Coast

Line Co

Atlas

Avery (B F) ft Sons
6% preferred

7 %

Co

&

(L)

1,200

Feb

37/4

Jan

Feb

517/2

Jan

2%
45

250

50

4'/2

Feb

18 '/a

Feb

21%

Jan

J an

5

Jan

471/2

477/2

Jan

10%

Jan

25

Jan
Feb

14'A

Jan

157/2 Jan

477/2

Feb

7

7%

"51/4

Coro

617/s

inn

106%

100

Jan

1

Jan

6 7/2

Jan

Creoie

Feb

107/2

Jan

Croft

57/2

Jan

1

9'A

9%

97/4

Jan

1

17/2

1%

11/2

Jan

1%

Jan

25

33'/4

33%

331/4

Feb

34%

Jan

1

8 7/4

8'A

—

Blckford's Inc common
1
Blrdsboro Steel Fdry & Mach Co com_*

13%

Feb

7 7/8

7%

Feb

9%

9%

Feb

1

2%

3

2%

Jan

3 7/b

Jan

•

common

Blumenthal (S) & Co common
Bohack (H C) Co common

13%

7'%

9%
6 7/4

6%

6'A

Feb

7

11

•

27

27

24

Jan

33

717/4

63

Jan

74

18

17

Jan

217/2

6

Feb

15%

•

Breeze

Corp common
Bridgeport Gas Light Co
Bridgeport Oil Co
Brillo Mfg Co common

57/4

4%

1

157/2

16%

Jan
Jan

4%

Jan

7

16% Feb
Jan

6

•

22

22>/4

22

Feb

22'/4

Feb

•

13'/a

13 7/8

13

Feb

13'/2

Jan

131/2

Feb

13%

•

Class A

13%

Jan

15

Jan

£1

Jan

11%

Jan

10 Va

li'A

21

ll7/8
10 >/2

19% Jan

20%

£1

Feb

11'/2

Feb

1%

Feb
Jan

227/j

177/2
94

.

Jan

10%

Feb

17

Jan

17%

Jan

89%

9'%

1,700
300

17/4

300

1037/8

Jan

Jan

37/4

Juil

17/4

1,700

Feb

3

1,600

37/B

Jan

1%

137/4

Jan

2%

Jan

300

97/2

Jan

10%

117/2

127/a
7/2

Feb

13%

Jan

Feb

28%

Jan

Jan

2%

Jan

1

9%

10

Tobacco

2,000

Jan

8

Feb

8% Jan

4%

5

4'%

Jan

14%

Jan

4%
377/4

Feb

Jan

3%

Feb

30'/4

4%

15%

Feb

41 Vb

Jan

75

377/4 :40,'

337/2

4%

57/4

Feb

6

5%

Jan

6%

Jan

12%

Feb

137/4

Jan

27/2

2%

Jan

2%

Jan

1%

Jan

1%

Jan

16%

.

17

16>/4

5%

100

Jan

Jan

•

lOo
85
50c

14%

30

Jan

33%

10

4%

4%

Feb

5>/4

Jan

2%

Jan

x28>/2

Jan

31

Jan

Jan

8

Jan

71/4
10

107/2

11%

Jan

15%

7%

Jan

9%

Jan

2%

Feb

2%

Jan

Feb

237/8

Jan

12

Jan

2 7/2

2%

20

217/2

117/2

11'/2

11'%

Feb

6 7/2

6%

6!/2

Jan

77/4

13%

Feb

14V4

Feb

9

97/2

6%

Jan

10%

Jan

2»/4

2l/2

2 >/4

Jan

2'/2

Feb

267/2

Jan

29'/2

Jan

137/2

13%

13'/2

Feb

14%

Jan

9%

Jan

10

.1

62 Yz

•
50c

63

60 >/2

Jan

64%

Feb

32'/2

Jan

dep rets ord reg_

Amer

Jan

97/2

Jan

1
1

Jan

Dominion linage

class A

Domestic Credit Corp

207/8

uo

lui

Dominion Steel St Coal class B

11'/a

500

11.

Jan

11%Jan

Dominion Tar St Chem Co Ltd

•

191/2

20%

3,600

197/2

Feb

Dominion Textile Co Ltd common

•

10'/2

11

200

'107/2

Feb

22% Jan
127/4 Feb

7,700

7/2

jan

12 %o

17/2

3,700

17/2

Jan

13%

25

11

47/4

41/4

%

7/2

200'

47/2

47/8 'Jan

%
2

Jan

Jan

•
10

Corp

Draper

Driver Harris Co

25o

""7%

"7%

Jan

8

*

4%

5

4%

Feb

5%

5

77/4

77/4

77/4

Feb

77/4

6%

7

6%

Jan

77/4

Jan

1%

27/8

Feb

2 >/2

Jan

20 7/4

5

7

Jan

1%

1

Texas Sulphur

2

10

2-8

Jan

11%

Jan

Jan

5'/8

Jan

11%

10

Feb

4%

Feb

12>/2

Jan

41/4

Jan

2

•
1
•

class B common

10

5

4%

12 «/8

11%

1%
207/4

207/4

Jan

Jan

207/2

Jan

21%

21

•

700

20%

Jan

22

Jan

20
*

8%

9%

8%

Feb

10 '/a

Jan

•

8%

8%

8%

Feb

9%

Jan

1%

Jan

100

717/4

~1%

5

18

87/a

1

8>/4
3'/4

2.50

3

•

41

1

2'/4

£1

12%

1

%' Feb

18

Feb

200

8

900

275

41

110% 110%

•

2,500
200

l7/2
18

3

7/8

Jan

21
8 V2

Feb

Jan

1

Feb

3'/2

Jan

40% Jan

41%

Feb

3

Jan
Feb

111 7/4

Feb

3

Feb

12%

Feb

12%

Feb

3%

100

22,000

Feb

4%

Jan

1107/2
2

*-

^

12%

100

6d

1
•

3%

10

34'%

1

4

36

Jan

34

Jan

4%

4

Feb

4%

76 J/2

Jan

787/2

Jan

121/2

Feb

15

Jan

Jan

877/2

Feb

63

Jan

50

50 7/2

Jan

54V2

Jan

12%

300

127/2

Jan

137/4

63

650

61

Jan

641/2

Jan

Feb

10

Jan

12%

Jan

11%

7'/a

2,000

38,200

10%

Feb

:

Jan

150

40

140

Feb

1,500

6

Jan

77/4

Jan

10 '/2

300

9%

Jan

11%

Jan

4%

Jan

6%
1 7/4

3%

3,900
120
600

6 »%

100

11

11

5

3%
100 >/4

3%

7,100

1%

97

100 »/2

Feb

6

Jan

6%

Jan

11

/

Feb
Feb

12%

Jan

Feb

1%

Jan

Jan

347/4

Feb

4%

Jan

16

Jan

17/4
32

1

4'/4

1

Feb

v

4%

500

4'/a

Jan

id¬

5,900

%

Jan

75

15%

Feb

18

Feb

7/2

15%

le

13%

151/8

Central Maine Power Co—

3.50%

preferred

100

.

Central Ohio Steel Products
Central Power St Light 4%
Central ft South

West

1

pfd

Corp

1929

Consolidated Mining

Cockshutt Plow Co common
Colon Development ordinary
For footnotes see




Feb

175

51/2

Feb

6%

Jan

Feb

9%

Jan

3%

Feb

4

page

33

Fairchlld Camera ft

1,700

7%

100

71/8

Feb

7%

Jan

10 Ye

Jan

10%

Fire

12

13

1,000

12

Feb

13%

60

Z 63

•7300

4

16 «/4

16%

59

Jan

647%

Jan

200

16 '/4

Feb

17%

7>/a

7'/4

400

6

Jan

8%

Jan

*

7

7%

900

6

Jan

8%

Jan

1

38 7/8

1%

8,100

41%

44,400

Feb

1%

Jan

38'/8 Feb
12% Jan

46%

12%

500

15%

50

3'/a

13

Jan

10%

12'/2

15%

Jan

10 »/4

Jan

16%

®

div cum preferred
(MH) Co—
5c to $1 Stores
Ford Motor Co Ltd—

16%

Jan

Feb

4%

Jan

8'/4

Feb

10%

Jan

65%.

Jan

64%

60

59'A

Jan

27/a

2,700

2%

Jan

30'/a

50

1
57/4

dep rets ord reg—
of Canada—

Amer

Ford Motor

x21

Class B voting

Ford

Motor

of France—

Pitt

bearer
Co
Brewing

Pox

Brewing

(Peter)

conv

preferred

/ 2%

1,400
200

30

Jan

Jan

15

Jan

5%

4%

Jan

19%

Feb

21

Feb

23

x21

Jan
Jan

33

Feb,
Jan

Feb

%

J an

Feb

87/2

Jan

Jan

8V4

Jan

24 7/8

Jan

257/2

Jan

77/2

Feb

9

Jan

10%

lO'/a

Feb

13

Jan

14%

14%

Feb

14%

Feb

Jan

927/8

Feb

Jan

6 %

Jan

Jan

1%

Jan

18
8'%

450

7%

8

8

200

1

50
5

Jan
Jan

7%
8

1,400

7%

%
9%

1
—1.25

Franklin Simon ft Co Ino common

4Yafo

20

%

Amer dep rets

Fort

800

22

19%

Class A non-voting

7%

"7%

700

10

Jan

Jan

Fuller

(Geo A)

Co

3%

2,100

Jan

3%

1%

6,900

1%

Jan

2

Jan

7%

200

7'%

Feb

8

Feb

Garrett Corp common

2

267/2

27%

600

267%

Feb

32

Jan

Gatlneau Power Co common

•

5%

Jan
Feb

3%

Jan

7%

Jan

1%
77/2

•

——

Feb

3%

15

30'/a

1

II »/2

-jj
20

2%

13%

5,000

Jan

15'/2

63%

(Phlla)

Association

$2

Jan

I

97%

Fishman

Feb

•

4

8 7/4

1,200
10,900

3%

•

First York Corp common——
rp

Jan

10

]

1

~

Jan

5

Instrument

Airplane
Fansteel Metallurgical
Fair child Engine ft

Jan

77/s

1

Co

62*

Jan

6 7%

51/2

1

Products

Jan

Feb

~3%

1

Co

Feb

Jan

7%

51/2

10

& Lambert Mfg
Clinchfleld Coal Corp common

55

.

10

5'%

-5

Co

Claude Neon Inc common

Aluminum

5'/2

~3%

-1

Clayton
Club

140

Feb

11%

Jan

57%

81/2

5»/2

10

10

City Auto Stamping
City & Suburban Homes
Mfg

57

475

10

Cities Service common

Clarostat

55

6'/2

2.50

Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet & Mach
Chicago ft Southern Air Lines
Voting trust ctfs

Controller

5 '%

—1

100

Chamberlln Co of America
Charis Corp common

Clark

10%

5

Century Electric Co common
Cessna Aircraft Co common

Chief

13

100

SCentral States Elec 6% preferred—100
7% preferred
100
Conv pfd opt div ser—x
100
Conv pfd opt div ser

12 7/2

Jan

6%

140

97

10c

Equity Corp common
$3 convertible preferred
Esquire Inc
Eureka Corp Ltd—
Eureka Pipe Line common.

.

87%

Jan

85%

4

341/2

Empire Mlllwork Corp
Emsco Derrick ft Equipment

Jan

Feb

50

10%

100
1

3% pfd

"2%

6«/8

1

Empire District Electrlo

Feb

59%

140

1

Inc

Jan"

~2

50

10%

1
$7 2d pfd A—*

Option

Electromaster

Feb

707/2

74

125

7%

*

warrants
Electrographic Corp common

77

Jan

627/a

1

beneficial lnt
Easy Washing Machine class B

1,000

Jan

12%

507/2

$5 pfd shares of

Electric Power ft Light

"2>/8

Feb

72

62%

59%

shares of beneficial lni

Com

300

73

2

2

Eastern States Corp_

425

77

71

3%

1,800

3%

3%
74 %

Electric Bond ft Share common

1

2s

preferred
Eastern Malleable Iron.
6%

-

3%
74%

*
10k
100

Fuel Assn common

prior preferred

-4Y%%

preferred series
$6 preferred series B_
Eastern Sugar Associates—

.*

Light $5 pfd
Carr-Consolidated Biscuit Co

•

East Gas ft

$7

•

Catalin Corp of America

Feb

Jan

Jan

•

Co

Feb

71/2

6%

f

Co

Duro Test Corp common

Feb

1

Marconi

&

Jan

1

voting

(A M)

4

47/4

Jan

n

£1

1

(J W) Co common
Products common

Jan

75'/2

Co

Power

Duvsl

Carnation Co common
Carolina Power &

Castle

3%

3%

Jan

32

Jan

Duke

900

Jan'

Feb

8!/2

87/2

Jan

132

11%

13

20

Jan

11V4

Jan

132

1

Dobeckmun Co common.—.

Feb

Capital City products common
Carey Baxter & Kennedy Inc

Amer

Jan

2%

Distillers Co Ltd—

8 7/a

Class B
non-voting

Casco

Jan

30%

lO'/s

1

Jan

6
3

2%

10

Raynolds class B
Diana Stores Corp common

187/4

6Ya% preference
Canadian Canners Ltd common
Convertible
preferred
Canadian Industrial Alcohol-

Carter

Jan

Jan

5%

5%

8

Steel Products

Detroit

200

Canada Cement Co Ltd
common

-

Jan
Jan

Feb

31

5
100

Oil Co new com
Detroit Gasket & Manufacturing
Detroit Gray Iron Foundry

1,100

Ltd

Ltd—

6%
6

Feb

13'%

29

1

dep rets A ord
dep rets B ord

Jan

.

13'/4

5%

1

Derby

9

Callite Tungsten
Corp
Camden Fire Insurance

Amer

103

5 '%

Day Mines Inc
Dayton Rubber Co class ADejay Stores common
Dennison Mfg class A common

19

American

•

Feb
Jan

17%

Feb

102%

5

Jan

:

34

Jan

30

34

30%

8%

dep rets 5% pfd
Calamba Sugar Estate
Calgary & Edmonton Corp Ltd
Calif Cotton Mills Co
California Electric Power

Carreras

Jan

77/2

32

2.50

18 7/4

•

Carman & Co

Feb

1

Feb

2%

26c
•
10

Amer deo rets ord reg

Canadian

Jan

12'/2

12

2.50

Canadian Industries Ltd—
7% preferred

Jan

42,

5%

Davenport Hosiery Mills
Davidson-Brothers Ino common

Durham Hosiery

Class A

Feb

6

6%

13'/4

1

•

Co

Feb

15%

%. Jan

1

%

2.50
I

Duraloy (The)

Bread

Jan

5

700

400

4,100

3%

47%

Dunlop Rubber Co Ltd—

Canada

Jan

14

Feb

%

2,400

8%

8

15

6
*

common

2.50

common

Jan

11

2,100

%

Inc common
Curtis Mfg Co (Mo)

Jan

2,300

II

•

Buckeye Pipe Line

Cable Electric Products
Cables & Wireless—

Jan,

12

2,000

Jan

2%

1%

•

4%

Jan

2

227/4

1%

10s

Brown Forman Distillers

common

*10%

51/4

Devoe A

Burma Corp Amer
dep rets
Burry Biscuit Corp

103%

Jan

100

107/4

6%

8% debenture
20

•

Bunker Hill & Sullivan
Burd Piston
Ring Co

Feb

Jan

140

100% 101%

2%

*

Crowley

•

Co

cum Junior
pfd
Brown Rubber Co common
Bruce (E L) Co
common
Bruck Mills Ltd class B

Jan

1137/2

Jan

6

Brazilian Traction Light ft Power

reg
British Columbia Power
class A
Class B

62 7/4

Jan

109

Feb

18

*

Amer dep rets ord
reg
British Celanese Ltd—
Amer dep rets ord

Jan

50

Jan

70

25

British American Tobacco—
Amer dep rets ord bearer

Jan

58 7%

4,000

Jan

Jan

13%

100

5%% prior cum pfd
Borne, Scrymser Co
Bourjois Inc

7%

61 7/8

6'A

Curtis Lighting

Feb

Jan

60 7/4

6 '/4

Cuban

36

Feb

7'%

400

5'/2

Jan

Jan

307%

7%

•
1

Jan

Jan

3

common

Brewing Co

Jan

Jan

27

Jan

71/2

307/4

7%

9

Jan

357/2

36

36

•

Jan

281/2

300

(ord reg)_£l
5
1

14 7/2

8 V's

267/4

•

fetroleum

Milner St Co
:
Crown Cent Petrol
(Md)
Crown Cork Internat'l "A" partlc
Crown Drug Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
h% preferred

Jan

10

J'n

27%

•
1

Crosley Motors Inc

Feb

47/2

29 >/2

12

50

161/4

5'/a

Feb

...

17/4

convertible preferred

5%

Feb

5 '/s

Feb

4

,2,100

Feb

3'A

3

3

1

Jan

57%

40%

4%

90%

DO

1
*
1
*
5c

Reynolds common
preferred class A

Courtaulds Ltd—
American dep receipts

1

Jan

2,400

v

177/2

10 »/2

—1
*
5
.—10

Corroon &

10'A

1

Convertible preferred

Butler (PH)

-

5%

6

5%

1

common

Oil

„

77%

1
•

Inc

Jan

Jan

6

35

397/4

1137/81137/2

26

Continental Car-Na-Var Corp
Continental Fdy St Machine Co
Cook Paint & Varnish Co
Cooper Distributing Co
Copper Range Co
Cornucopia Gold Mines

8%

15

X157/4

Xl5

5

Canada common
Benrus Watch Co Inc

British-American

UV,.__

36 7/4

Jan

Jan

47/2

29 7/4

4%

Jan

41/2

16,800

41/2

Feb

10,200

4'/8

1

—

series B preferred
_
preferred series C
Consolidated Gas Utilities-;
Consol Liquidating Corp
Consolidated Mining St Smelt Ltd
Consolidated Royalty Oil
*7/-%
'«/

$1

1

of

Blue Ridge Corp

Jan

Jan

Jan

3%

377/8

25

Cosden Petroleum common

(A S) Shoe Corp
Bellanca Aircraft common

Blauner's

55

6 */2

4%
4

Shoe Machinery—
Vtc ext to 1956
Consol G E L P Bait common

Feb

357/2

357/2

7

87/2

Feb

23

150

1,000

Jan

97/2

300

50

357/2

1

Co common—
Ties common

Hedges

6

77/4

9'%

9Yz

•

Beck

&

Jan

24,700

4 'A

14V2

common

Feb

3,200

5'A
19

18 %

25

&

Beau-Brummel

Benson

27/8

2%

7%

High

Low

5,300

3>A

Compo

Jan

Seelig Mfg—

Baumann

Tel

Jan

14%

$1.20 convertible A common
Basic Refractories Inc

Bell

Jan

22'/2

24'%

Banco de los Andes—
American shares
Barium Steel Corp—
Barlow

%

Feb

45

®0

Rubber

Jan

S

preferred

Baldwin

7/2
197/2

0
25

Babcock ft Wilcox Co
Baldwin Locomotive—

Jan

375

*

-

19%

300

1

Ayrshire Collieries Corp com

Feb

167/2

20 '%

4%

common

Jan

Airlines
Colonial Sand ft Stone Co.
Colorado Fuel & Iron warrants

Manufacturing Co
Commodore Hotel Inc
Community Public Service

%
19 V5B

—1

Automatic Steel Products Inc
Automatic Voting Machine

8 7/2

f-sfc-V

50

Corp warrants
Plywood Corp

Atlas

8,100

Feb

Range Since Jan.

5'%

Colonial

Colt's

1

Fisheries

Atlantic

7

800

11 Yz

16 Yz

•
•

America

Associated Tel & Tel class A
Atlantic

*

V/2

7

*1

AsscMcted Laundries of
v

113% Jan

Shares

High

4%

Jan

for Week

Range
't of Prices

Low

High

LOU)

1137/2

---•
2*80
1

Sale Price

Exchange

New York Curb

Range Since Jan. 1

am

'-■£

Sales

Week's

Last

STOCKS—

ti>r Week

Low

Aro

Sales

Week's

»

2,700

27/4

5%
12

4'/4

Jan

•

5%

92

100

preferred

Jan

Gellman Mfg Co common

Jan

General

Alloys

10

.

Co

1

"

•

88%

6'/e

6

1 '/2

1%

—

Volume

THE

Number 4777

169

COMMERCIAL

NEW

YORK
RANGE

Range

Last

Par

5%

.L

High

3%

Low

3%

3%

2,200

High

Jan
Jan

23%

33 V*

33 "A

102'/a 102

VA,'

Jan

L'Aiglon

Jan

Lake Shore

7%

Jan

8%

Feb

33%

Feb

35%

Jan

Lakey Foundry & Machine
Lamson Corp of Delaware
La n ston Monotype Machine

&

3%

Jan

5%

Feb

La

3,600

2%

Feb

4

Jan

Lefcourt

96

20

Jan

96

Feb

95

Gilbert

Class

Jan

115%

Feb

106%

Feb

Line

Jan

5

Jan

Lionel

Feb

18%

Jan

9JA

25%

Inc common

Jan

Lit

27

Jan

Loblaw

19%.

20%

3,400

Feb

21%

Jan

Sugars class A

10%

900

10%

Feb

11%

Jan

13%

400

13%

Jan

14%

Jan

2%

700

l7/8

Jan

2%

42%

25

80

40

3,200

2

•

Jan

41%

1

%

%

~
'

Jan

43

Feb

Jan
Jan

53 %

4%

700

4%

Feb

5%

Jan

57%

300

53%

Feb

62%
11%

Corp

_

25o

common

$4.40

pfd

8%

100

Gypsum Lime & Alabastlne

8

Feb

111%

Feb

13%

Bridge Co Ltd

xl36%

Feb

142

Feb

Maine Public

Jan

Mangel Stores

1,250
100

8Vs

38%

36% Jan
8

8%

Jan

50

102%

25

13%

105

Jan

13%

Feb

6

13%

Feb

Jan

Feb

Jan

7%

Jan

Jan

17%

Jan

47%

100

47

Feb

x50%

Jan

2 Va

1,500

2

Feb

2%

Jan

47
2

5

5

Jan

8% Feb

8%

Jan

15%

Feb

8%

8%

2,400

13%

14%

3,500

6%

6%

6%

200

6%

Jan

25c

11%

11%

12%

800

11%

Jan

12%

Feb

8%

Jan

10

Jan

9%

Jan

11

•

common

Jan

8

a

9%

9%

95

95

"5"%

"5%

1

3

Inc

& Co

A)

Horn 8t Hardart

new

Service

&

Refining

&

Mfg

stock

10%

Jan

3%

Feb

31

Jan

17%

Jan

Feb

40%

Feb

71

108

Jan

21

Jan

69%

Feb

79%

Jan

2%

Jan

3%

Jan

47%

475

43

4%
2%

~3

400

21%

100

2%
20

•

Jan

17

Co

Co

Amer

dep

Feb

Feb

Mfg

8%

8%

8%

4%

4%

1,800

14 Va

£1
*

14%

$2.50

14%

International

Cigar

McWilliams
Mead

108 Va

7,500

400

Jan

2%

Jan

Feb

18

1

3

.50

coupon

preferred

Corp

Co

Middle West

$2 non-cum

Midvale

Co

Mid-West

Midwest

1

Miller

4%%

8% Feb
4%

10%

Jan

100

10%

Jan

11%

10

88%

Jan

93

650

104 y2

Jan

11%

100

10%

Jan

100

47

22

1%

4.80%

cum

•

3%

■

Plan

Power

Jan
Jan

1%

1%

1,000

1%

Feb

5

5%

Feb

Feb

1%
17

class A

5%

700

5%

Jan

5%

Feb

100

7%

Jan

9%

Jan

1%

1,200

1

Jan

1%

Jan

6%

6%

6%

400

6

Jan

6%

Jan

8%

8

8%

700

7

Jan

8%

Feb

6%

6%

5,100

~6%

Feb

~7%

Jan

1%

2

9,400

1%

Feb

2%

Jan

10%

Jan

10%

Jan

23%

Jan

24%

Jan

t c_l

Jan

1%

u,<r,

common

Kings County
4%

Lighting

cumulative

common

preferred

King Seeley Corp
Kingston Products

Klrby

7%

Jan

4%

Jan

Feb

19%

Jan

Jan

21%

2%

2%

2%

3,100

2%

Feb

2%

Jan

7%

7

7%

2,100

7

Feb

7%

Jan

31%

25

Jan

32%

Jan

9%

1,500

•

100

•

Fuel

Gas

Petroleum

1

(D Emll)

*"ielTiert.

(IB)

Co

Ltd

common

Rubber

Co

Brewing

1

Stores

National

For footnotes

see

Radiator

National Rubber

common

page




1ft

•

1

1

1

33.

10

9%

common

Jan

National Steel Car Ltd
National

National Union Radio

—

124%

Feb

12%

Jan

12%

Jan

12

100

12

Feb

13

Jan

Transit

9%
126

Jan

New

Jan

New

Haven

Clock

8%

Jan

New

Jan

10%

Jan

New

Park

Process Co

Jan

N

&

Y

Mexico

&

Watch

Co

—

—

Co

common

Jan

4%

Jan

N

Y

&

Jan

29%

Jan

N

Y

Merchandise

15%

600

15

Feb

16%

Jan

N

Y

Shipbuilding

2%

1,600

Feb

1%

3

Jan

Jan

12%

Jan

1%

Jan

Honduras

Founders

Rosario

1,200

6%

Jan

7%

Jan

2%

2,000

2%

Jan

2%

Jan

Jan

90%

100% 101
2%

100

2%

200

99

Jan

2V2

35%

Jan
Jan

168

101

2%
176

37%

35 »A

Feb

3%

3%

900

3%

Jan

3%

12%

12%

12%

1,000

12%

Feb

14 y4

35 y4

25

Jan
Feb
Jan
Jan

Jan

Janv
Jan
Jan

31'A

Jan

102%

Jan

103%

100v

21

Feb

22%

26%

200

25

Jan

27 Va

Jan

9%

400

Feb

10%

Jan

11%

13%

1,400

9%
11%

Jan

13%

Jan

10

11%

1,600

10

Feb

12 y4

Jan

12%

Feb

13

Jan

-■

33

Jan

Jan

»

12%

100

12%
5

2% i
33

200

5

Jan

5%

: 3

7,400

2%

Jan

3»A

860

31'A

Jan

33 JA

Feb

34

5

2%

Jan

34

Jan

33%

~8%

"9%

3,500

10

10

10%

400

10

10

10

10

9y8

Jan

Jan

Jan

9%

Feb

Feb

11%

Jan

Jan

83

10%

5,300

8

1,100

7%

Feb

9

Jan

8

400

7%

Jan

8

Jan

3%

"3%

3%

200

3'A

Jan

3%

Jan

3%

3%

3%

18,300

3%

Jan

4%

Jan

8

6%

Feb

8%

Feb

16%

Jan

Jan

6%

Jan

87 Va

Jan

6%

6%

200

6%

14%

15%

200

14%

6ya

6y8

300

6

180

81

Jan

83%

83

1%

1

5%

20

64

64

1

6%

1%

6%
1%
73

•

1%
5%
66

Ti,

400
150

1,900

6%

3,800

1%

1,200

73

25

1%

Feb

5 y2

Feb

64

Feb

6y8
1%

Feb
Jan
Feb

73

2%

Jan

IV2

Jan

Jan

67

8'A
1%

Jan
Jan

Jan

75

Jan

8%

Jan

26%

Feb

29 V*

Jan

11

Jan

13 y2

Feb

16%

Jan

17%

Jan

8%

Jan

8'/2

•

26%

10

450

29

16%

400

8%

16%

1

53,400

1

8%

5%

1st preferred

100

96%

96%

98

5%

2d

100

95

94%

95

Power

common

9%

300

9%

Feb

10

Jan

11%

100

10%

Jan

11%

Jan

18%

19%

300

18%

Feb

20

Jan

preferred
optional warrants
Niagara Share Corp class B com.

6%

6%

1,300

6%

Feb

7%

Jan

12%

12%

100

12%

Jan

12%

Jan

8

7%

325

Jan
Jan

95

Feb

98

95

Feb

250

92%

Jan

ft

%

ft

3,600

Va

Feb

JA

5

9%

9'A

9%

600

9'A

Jan

9%

Niles-Bement-Pond

•

8%

8'A

3,100

7%

Jan

Nineteen

5

100

9%

Feb

Class

Jan

Corp—

shares

Niagara Hudson

Jan

10

7%
7%

10

9%

1

7%

2%

89%

1

Co

11%
19

Feb

Jan

7%

"2%

100

common

3%

10

97
25

•

Arizona Land—j

Mining

Auction

2

25

26%

2,000

Jan

Feb

r.

5
A„

convertible preferred

Feb

104

!_

Corp
class

Jersey Zinc

9%

1,300

Jan

93%
24

•

common

Co

175

1%

10%

100

100

1

England Tel & Tel

4%%
New

Mur

300

10%

Feb

97
24

30o

common

(Herman)

7%

Feb

8%

97
24

".'-vV

—

4

Jan

2%

31%

Jan

10

Co

Machinery

Jan

—

2%

.

20%

I

Mfg &

5%

'

1

Co

10

1
10

Knott Corp common
Kobacker
Stores

Krueger

2%

8%

'

—

•

•

4%

—

15

1

:

—

—

25

20%

Feb

3%

a—.

•

common

Jan

5%

28

31%

—

1

Jan

25,000

27%

— —

1

1

common

preferred

Neptune Meter

3%

.

1

Klrkland Lake G M Co
Klein

*

50

Feb

Jan

3%
18%

10
Hess

Jan

Jan

16%

14%

300

1,300

14

common

4%

103%

750

3%

19%

BOo

Corp

Inc

Nestle Le

100

16%

3%

•

common

&

4%
20

15%
18%

--fa'

v.

New

preferred

15%
18%

4

Jan

Kimberly-Clark Corp—
4

~6%

100

common

Breweries

%

—

Jan

7%

11%

Company

National

700

25

Jan

Jan

1

10

Muter

Bellas

Jan

7'/8

4%
47

5%

9%

National

4%

—

Jan
Jan

7%

26%

Namm's

5

7%

Jan
Jan

4%

1

•

Jan

5

—

6

109%

Jan

7%

2.50

Tel

Jaji

Jan

~

Feb

Jan

3%

5%

160

Nachman

1%
16

Jan

--

Jan

5

3%

300

Jan

3%

I

2,300

45

Jan

6%

•

A Oo

2

109

200

"5% _4

32%

Nelson

(Walter)

Jan

21

1

Jan

12

Jan

32 y2

50

103%

14

Jan

--

36%

Feb

36%

21

Feb

Feb

——

Jan

30

Jan

3%

•

Jan

35%

36%

Jan
Jan

Jan

10%

4%

6

Jan

17%

15

Jan

Jan

11%

1,600

100

1%

Jan

3,800

32

Feb

11
*

3%

6%

Feb

10,400

1
16%

Feb

2,600

6

Jan

lft

H
15%

103

States

Jan

3%

G%

6%

1

15%

1

10

22

5%

1

Jan

100

32

%

—

6 Va

~6%

103

12%

—

3

•

Jan

—

19 y4

Feb

8

Feb

400

~8%

Feb

~6%

100

pfd
of America

53

300

--

Feb

16%

15%

1

partlc

Corp

Jan

3%

5

7%

300

2%

1

class A

com

Feb

4%

—

1,200

Feb

•

pfd

pfd series B

Society

Murray Ohio Mfg Co
Muskegon Piston Ring
Muskogee Co common

3%

—

7%

17%

10$

Jan

3%

1

Jan

13%

50

pfd

11%

5%

•

38

7%

100

Feb

.;

Jan

Jan

16%

16%

Tel

9%

--

Jan

14

38

Vernon-Woodborry Mills

8%

V

Feb

12%

Feb

1

Producers

Mountain

8%

1,500

8%

Jan

13

50c

Service common

Moody Investors

1,800

1%

Jan

10%

•

common

110%

1

%

•

Key Co common

Feb

Jan

2,400

•

Montgomery Ward & Co

1,400

;■■■'■..

■

_

14 V\

15'A

10

Co

cum

100

11

400

Jan

13%

1

Refineries

Public

1,700

13

13

13

5

Minnesota Power & Light 5%
Missouri

2,200

8%
10

%

•

:

•'

9

400

13

8

13%

13%

50c

Mt

K

Kidde

13

w*

v

Co

National Pressure Cooker

pfd

113

9%

dividend shares

Feb

1

1%

Feb

Feb

—

Feb

1

Inc

111%

7%

National

Co

Jan

80

1

Mining Corp of Canada

Jan

4%

Feb

49

12%

3%

Kansas Gas & Electric

Feb

20%

1,100

National Malllnson Fabrics

Kennedy's

72 V*

Feb

10

convertible preferred

National

Kawneer

Jan

16%*

8%

common

Wohl

Feb

11%
93

1JA

Kalser-Frazer Corp

68

10,600

111% lll'/a

•

Midwest Piping & Supply common
Mid-West

Morris

8%

12%

Co

1,050

17%

16%

"7%

■:'V:

Abrasive
Oil

Mountain

9%

5

Kokenge

Feb

70%

16%

2.50

Midland Oil Corp $1 conv pfd
Steel Products—

Jan

8%

Utilities

&

Jan

82%

Midland

Jan

—— •

Safety Razor B

Preference

ft

Jan

Corp—

Ex-distribution

Jan

'

International

common

Jan

7%

common

Middle States Petroleum class A
Class B v t c

16%

—

International

Jefferson Lake Sulphur Co
Jim Brown Stores common

9%

15

preferred
Mlcromatic Hone Corp

16 y2

•

Italian Superpower Corp com cl A—

Feb

25c

common

6%

12 Va

•

.

8j/2

ft Feb

1

Michigan Bumper Corp
Michigan Steel Tube

Feb

-10

c new

Jan

400

100

Co

Participating preferred

Feb

——

Royalty

Jan

Jan

24 V*

1

Co

&

Metal Textile

14%

49

——

—

common

24%

24%

Jan

78

,

A

14%

•

shs

Jan

Jan

21 %

•

Dredging

Iron

10% Jan

»

shares

Jan

Jan

•

Warrants

6%%
Mesabi

700

11%

—.

International Products

7 y2

26 */2

7,300

81

•

B

Mfg Co
Merritt Chapman & Scott
Corp—

Jan

y

Preferred $3.50 series

Feb

Feb

500

ft
68

10

Menasco

300

107% 109%

»

Machinery

6%

25%

1

Co class

Mountain States

-10

International Metal Industries A

Julian

8%

a

•

common

&

Johnson

15

93

93

pfd__ 100

Hydro-Electric—

Jeannette Glass Co

18,400

Jan

23%

10

common

(A G)

11%

11%

International

Investors

%

Jan

II

preferred

McKee

14%

& Ireland

Indianapolis Pwr & Light 4%

Fireman Mfg v t
Irving Air Chute

8%

25%

25

•

convertible preferred
McClanahan OH Co common
McCord Corp new common

11%

•

-5

Insurance Co of North America

Iron

8%

Jan

Jan

•

Shovel

Co

Monroe Loan

registered
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of CanadaImperial Tobacco of Great Britain

Registered

23%

12%

22V\
23

1

5%

Jan

3%
22 y4

Jan

Industries—

rets

International Petroleum

22%

13

22%

Feb

600

10

International Marine
Communication Co Ltd

4.40%

*

common

Imperial Chemical

~7
25 V*

|

Corp
Monogram Pictures common
Monongahela Power Co—
Zinc

~6%
25%

6%

•

Molybdenum

Illinois

1,400

Jan
Feb

10%

Marconi

Jan

Jan

16%

300

6

Feb

2%

0

Jan

Jan

1,200

21%

31%

Jan

Feb

3%

2%

Feb

19%

47%

l

144

Feb

9,700

69 %

l

Jan

107%

•

common

Jan

Jan

30%

warrants

1st conv preferred
Hydro-Electric Securities
Hygrade Food Products

Jan

300

20%

5

$2.25 pfd

Feb

137

—

19%

*

Co

Hussman Refrigerator

1

common

Michigan Sugar

40%

30

325

30%

48%

Jan

Jan

16

50

--

5

common

Jan

6%

28

150

40%
139%'

137

30%

100

Inc

.70

Feb

3

400

28%

40%

•

(Harvey)

96

Jan

9%

2,600

r

*

common

preferred

Lock

10
3

28

15

com

Baking Co

Hardart

1

Jan

10 V8
21

25y2

78%

(The B) Co
Mapes Consolidated Mfg Co

Feb

Jan

5%

•

(Geo

900

Jan

43%

9%

common

9%

93

.

100

5%

10

3

Common

30

1—100

w

common

97/a

Oil

500

9%

69

100

w

1

Co

1,900

11'A

ft

Manischewltz

Jan

•

common

•

Huyler's

Jan

5%

8%

5

Hurd

2

Jan

13%

Holophane

Humble

Jan

4%

0

Holly Stores Inc

Hubbell

1%

•

& Co class A
Hollinger Consolidated G M

5%

100
300

1%

.1%
5

1

A

&

Jan

16%

16%

1

(R)

Horn

6%

Feb

600

16%

25

Light
common

Hathaway Bakeries Inc
Haseltlne Corp
He am Dept Stores common
Hecla Mining Co

^r^r'a

6

7%

5

Brewing Co
1
Hat Corp of America B non-vot com—1

Hormel

200

6

_•

com

Harvard

Hoe

10%

21%

M

McAleer

$

w

10%

68

Macklntosh-HemphlU Co

103%

103

•

Co

preferred

Jan

10%

Jan

105%

Massey Harris

4%

1°0

Jan

Marlon Power

Henry Holt & Co

Feb

8

I

8%

-

H

w

%

21

1$

-

_

.140

xl36% 141%
36%
38

100

28

Grocery Stores Products

preferred

2,200

10%

Common ctfs of dep
1% preferred A ctfs of dep__
8 % preferred B ctfs of
dep—

350

105% 111

•

Great Northern Paper

6% %

%

10%

Tea—

Non-voting common stock
1%
1st preferred

Class

Jan
Jan

%

•

Feb

3,100

Heller Co

6%
10 Va

~~%

•

_

Jan

22

Feb
Jan

21

__

Jan

6%
9%

21

•

Feb

700

7%

Rubinstein

preferred

21

Jan

200

1

common

Jan

6Va

Helena

Inc Oft

7

6

7

Pacific

200

6%

9%

-fa-"

1

8%

8%

6

7%

conv

21%

Feb
Jan

Jan

~9%

8

5%

900

8%

1

Rayon

5%

21%

Jan

8%

Jan

Jan

pfd—25

■

S

Hartford

500

21%

Jan

5%

11%

Jan

8%

Jan

Co

Hartrord Electric

6'/a

Co

Lynch

~4%

Gray Mfg

Hamilton

5%

—28

Jan

53%

Grand Rapids Varnish

Hammermill Paper new

6

Louisiana Land & ExplorationLouisiana Power & Light $6 pfd

U Jan

•

Mfg common
Graham-Paige Motors

Lamp

•

1

Longines-Wittnauer Watch Co
Long Island Lighting Co—

Jan

80

10

class A

Gorham

Hall

7%

l

Chain
Lone Star Gas Co. (Texas)

Jan

24 %

Jan

%

1

OO

Jan

74 %

52%

1

50

•

23%

42%

42%

•

Mfg Co

Utilities

2,100

|

Locke Steel

13%

•

&

7%

___

13%

Jan

7%

Class B

10%

19%

High

Jan

5

7%

Groceterias class A

13%

100

5,300

common

Brothers

19%

1

B

States

10 %

Jan

10'A

5

Goldfleld Consolidated Mines

Gulf

Jan

22 V2

1,700

•
^

Inc

Great Atlantic

Corp

1

Coal

Gorham Inc

Material

5

11%

University

common.

Lipton (Thos J)

Le

5

10%

—

OB Development-.
Tourneau (R G) Inc

4

12%

"5
11%

l

Leonard

106 Va

24%

25

2.50

:

$4.50 prior preferred
Goodman

l
—l

25

Corp

Glenmore Distilleries class B

Godchaux

5

——*

(Adolf)

Realty

1,300

•

4%.

Feb

8alle Extension

2,100

106% 106%

Inc

Mines Ltd

17

4%

Gobel

Feb

15,000

3

113%
106 y*

1

Alden

102 %

5%

2%..
96

•

Gladding McBean & Co.

Jan

101

20

Apparel

3%

2%

Low
A

l

8%
6%

•

common

company

Jan

4an

35

Range Since Jan. 1

High

f

5%

8%

Shares

L

700

8V2

Low

Feb

950

e

Sales
fa*- Week

lain
of Prices

Par

3% Jan
T,*rifa<i*_<jhrijt.v

e

WMk's

Last

Sale Price

8%
;;

Giant Yellowknlfe Gold Mines

Glen

'

3,600

—£1

Georgia Power $6 preferred
$5 preferred

Globe-Union

11

STOCKS—

22%

1
5% preferred series A
——10
General Fireprooflng common—
•
General Outdoor Adv 6% pfd
100
General Phoenix Corp
1
General Plywood Corp common——50c
General Public Service $6 preferred—*

Gleaner Harvester

FEBRUARY

New York Curb Exchange

General Electric Co Ltd—
Amer dep rets ord reg
General Finance Corp common—

(A C)
Gilchrist Co

EXCHANGE

ENDED

Range Since Jan. 1

29

preferred

conv

Low
'

(727)

Friday

Shares

<

•

Supply Corp com—1

General Builders

CURB

WEEK

CHRONICLE

for Week

of Prices

Sale Price

FOR

FINANCIAL

Sales

Week's

Friday
8TOCK8—
New York Curb Exchange

&

B

Hundred Corp common

8

10

10

9%
11

Jan

Feb
Jan
Jan

31

i!2

THE

(728)

COMMERCIAL &

RANGE

Nlpissing
North

Mines

Class B common

Central

North

Northern

37'/a

Jan

Souinn

37

Jan

Securities

l'/z

Feb

1%

Jan

14
2Vz

700

12 Vz

Feb

15%

Jan

Segal Lock & Hardware

1,100

2Va

Jan

2%

Jan

Beioy

101% 102%

50

101%

11,600

8%

Jan

y%

Feb

$5.50

2,900

7 %

Feb

11%

Jan

Allotment

Jan

'15%

12

Vz

2 Vr

•

.100

5% pfd

9

(Minn)

8%

9'/s

7%

1

Inc

7%

8

15

1,000

15%

15

15

Corp

v

102%

Jan

common

Corp General

Bros

Setman

O
Corp

Oiiio

Brass

Ohio

Power

4% %

Natural

Oklahoma

15

""T

O'okiep Copper Co Ltd Amer shares

112

Jan

Jan

44

Feb

37

700

19%

9

common

14_

Jan

18%

Feb

22%

Jan

400

Jan

7%

Jan

7

common

common

Sick's

Ltd—

Breweries

feilex Co

common

Pacific Can Co
Pacific Gas

5V2 Vo

Lighting

Pacific

Power

25

pfd

1st

._

Service

Paramount
Parker

(CA)

Pen

Co.

_

Patican

Corp

Ltd

30%

Feb

32%

Jan

103 %

Feb

104%

Jan

50

$1.32

cum

-

Penn-Dixie
Gas

Penn

Power

Penn

Traffic

&

.'.V:

3

38,000

2%

7%

8%

28,800

7%

.

Pep Boys
Peppercll

__

.

20

62

Feb

80

Jan

4,600

3

Jan

4

Feb

Jan

4.48%

Jan

28%

Jan

7

Jan

7%

Jan

Southern

23%
■

...

Co

840

2%

Jan

1%

300

1%

Jan

2%

Jan

Spencer Shoe Corp

200

100%

Jan

105%
5

Jan

4%

100

4%

Jan

2,850

33%

Feb

3%

3%

600

20

53%

£2%

1,400

50%

2.50

9%

9%

9%

2,400

9 %

Feb

9%

Jan

3

3

3 Vs.

4,400

3

Feb

3%

Jan

Pierce

•

Governor
Johnson

Ltd

11%

21%

22

2IA

1

"l%

1

common

1%

Pittsburgh Bess & Lake Erie
&

Pittsburgh

Metallurgical

Lake

3%

Feb

21%

Feb

58

Jan

Jan

12

Jan

8%

Jan

7

900

22

24%

Feb

Jan
Jan

11 %

1,300

2

%

Jan

3 %

Jan

1%

Feb

2%

Jan

1,100

10%

Feb

11%

Jan

Pneumatic
Polaris

Scale

Mining

Powdrell
Power

common

Corp of Canada

6%

1st

Pratt

&

preferred
Lambert

Prentlce-Hall

,37

Jan

Pressed

Metals

of

_

Puolic

Colorado—

01

Jan

25%

Jan

Feb

4%

Jan

Sterling Aluminum Prods new com

Jan

12%

Feb

Sterling

5'A

Jan

5%

Jan

Inc
§Sterling Engine Co

Sterling

4%'

4

4

600

~5%

5%

2,000

8 %

7%

1.000

Jan

b°/8

Jan

Jan

13%

Jan

35

107

Jan

Jan

.20

.ian

11%

Jan

12%

Feb

3%

3%

4 V»

500

"3%

Feb

4%

Jan

6%

6%

7

6%

Feb

7%

Jan

Jail

236%

Jan

Feb

3%

Feb

229%

•

106%

310

1,000
130

232 •

228

£ 1

225

200

3%

3%

3%

10%

"l%

95 %

Jan

Jan

38

Jan

Stop

1%

8

7%

Jen

8%

Jan

700

10%

1%

8

Jan

100

8

10%

Jan

11%

Jan

Co

&

Corp

Ray Drug common

Feb

1%

Jan

Feb

8%

Jan

Superior

10%

Jan

Superior Tool & Die Co
Swan Finch Oil Corp

10

10%

20O

9%

Jan

100

100%

325

95%

Jan

94 %

t—4 O O

Portland

Jan

n

1,400

Feb

1 %

Jan

3%

1,400

3

Jan

3%

Jan

7%

100

7%

Jan

8

Jan

3

3

400

3

Jan

•

%

%

30%

Feb

3%
36 %

%

Jan

18

aail

Jan

41

Jan

Jan

30%

31%

3,100

16%

16%

10

16

40

31

40%

60

37

Jan
Jan

100

28

28%

28%

28%

29

25

25%

Feb

28%

X28%

Jan

29%

Jan

28%

Feb

29'A

Jan

800

29 %

x27%

1,900
1,700

28

29

24%

Jan

25%

•

_

35%

800

2%

35

35

200

6

Jan

6%

Feb

35

Jan

Jan

Jan

39

~6%
3 %

2%

Feb

2%

Jan

4%

2%

2%

Jan

4%

Jan

%

—

100

%

Jan

%

Jan

7'A

2,100

6%

Jan

8%

Jan

20%

'■

—

%

6%

20'%

100

19%

Jan

21%

2%

3%

800

2%

100

9%

9%

Feb
Feb

3%

Jan
Jan

17

Jan

Jan

17

10%

Jan

9%

29%

29%

Jan

30%

Jan

1%

1%

1%

9,800

1%

Feb

1%

Jan

1%

1%

300

1%

Feb

1%

Jan

115 % 115%

10

7%

7%

1,500

2%

3%

900

2%

2%

1,200

~7%
3%

2,600

30

29

122

Jan

112%

Jan

7

Jan

7%

Jan

2%

Jan

3%

Jan

2

Jan

2%

Jan

3%

Jan

2Ta

800

2%

Jan

68

68%

350

67%

Jan

71

Jan

23 %

24

250

23%

Jan

24%

Jan

1

12

13%

200

12

Feb

15

Jan

2%

5%

Inc

Cement,

Jan

6%

Jail

400

%

Jan

1 %

Jan

3%

Feb

4%

Jan

Feb

12%

Jan

%

%

%

3%

3%

4%

2,800

11%

725

10

10

.

10

%

1

200

%

Feb

1

Jan

12

11%

12

700

10'%

Feb

12

1* eO

10%

10 %

11%

800

10%

Jan

13%

Jan

37%

37%

40%

1,750

5%

5'A

300

5%

Jan

5 To

Jan

275

14%

Feb

15 "«

Jan

300

2%

Jan

150

9%

Feb

' '

_

_

1
*
*
25c
*
—-1
15

common

8

100

Jan

10

7%

5

Corp

Inc

(S)

Sunbeam

Sun

Co common

& Shop

Stroock

25%

Jan

8%

4,900

3%

1
1
1
*

_

1%

2,600

8

Inc
(Hugo;

Jan

Jan

25%
9%

9

Jan

•

Co common

(J B)

93

93

1

.

Brewers

Stetson

34

3o0

36

8

.100

Feb

20

106% 106%

•

Corp

Canada

&

(A)

94

.

(The>

Steel Co of

Stinnes

•"

preferred

Starrett

Stein

13%

Y

:

cumulative

Feb

1

20

•

Service

*

4 % %

57%

1

Corp

Standard Tube class B

4,400

•

Providence Gas

Standard-Thomson

23%

_

Jan

300

1

Co

21%

0

1

Corp of Nevada
Prosperity Co class B

Products

Feb

J

Producers

53

12%

•

preferred

69%

2.50

America

$7

Standard

Feb

35

1,100

•

B

class

11%

«

common

(Ky)

Feb

100

Inc

Oil

Standard Power & Light com

36 %

10

Co

Standard

Corp

63%

_*

common

Forgings

25

5 %

56

12%

.-20
1
10
1

preferred

convertible

$1.60

Standard

common

690

.2.50

common

preferred
Dredging Corp

68%

4

25c

Co

Alexander

&

...

Convertible
Standard

36%

.1

Co.._

Cap & Seal common

63%

-;'vV.;

Pleasant Valley Wine

55

1

Co

Brewing

Standard

Common

1,300

2

Standard

22%

5

common-

c/an

•
2.78
1
10

Btahl-Meyer Inc

36%

50

Jan

14%

12%

5
•

Royalty Co

64

RR— ..50

Erie-

~2%

10%

■

2

Pittsburgh

11%

700

Jan

Jan

3

400

8 %

41%

shares

Amer

Mines Ltd—_

Piper Aircraft Corp
Pltney-Bowes Inc

11%

11%

•

common

-

56

7%

*

21

Jan

Jan

Feb

1

34%

50C

3

Jan

13%

2,100

'

1%

Jan

Jan

19%

1,100

1

Pipe Line

1

4%

common

2%

100

14

--

25
25
25
25
25

preferred

cum

Feb

20'A

2%

•

33 %

...

4.32%

11%

Edison—

preierence

conv

Southland

34%

•

(Mass!

conv

103 % 104%

103 %

(The;

Gold

4.56%

Feb

1%

Philadelphia Co common
Phillips Packing Co.

Pioneer

Feb

25

10,600

2.50
Co__

Power

Perfect Circle Corp
Pharis Tire & Rubber

Pinchin

'

45%

28

ioo

-j

Jan

44%

Jan

Jan

13%

-

10

Line

preferred
preference—

cum

Jan

55%

12.50

preferred

original

4.88%

3 %

Co

Mfg

—

5%

Pipe

California

Southern

3"

4%

1

common

7%

•

Iioo

pfd

Oil

7

1 %

warrants

A common.

Penn

Pa

Feb

13 %

1

common

South

600

25

Manufacturing

Soutnwest

%

Feb

20%

3

%

Corp common

Jan

Jan

11%

13 %

X

1
1

Corp

Coast

Jan

Feb

is

100
200

*

Manufacturing Co

South

15%

'

%
12%

9%

Jan

24%

__

~7%

Paper Mills.

Jan

Feb

leb
Jan

5

Jan

3%

%
11%

1

Soss

Jan

78%

3

100

preferred—

(Howard;

Sonotone

19%

Jan

11%

3 '/a

3 %

—

Solar An craft Co

17

Feb

•

.25

—

11%

4

24%

Emiin

Jan

Feb

& Elec Co—■

Gas

City

3.90%

Feb

13

3%

—23

Jan

Jan

4

70

,

Sioux

—

Feb

21

13%

62

*

62
4

common

24%

Jan

1,200

24%

13

•

1,300

;

Co Ltd—

tiep rets ord regis

Amer

Jan

16

'•

—

21

21

1

Mills

'

X—

1,500

3%

Jan
Ja.l

•

3%

''

§Solar

23%

■

2%

1

_

Light 4%%

Penn Water &

Jan

7%

5

class

Jan

16%

—

common

Elec

&

96%

Jan

2%

rn

—

preferred

Cement

Penn

Jan

16

.

"*

m

preferred

Corp

94

__

96

96

•

■

"i%

16

■'

Feb

16

200

-:r3%

1%

Feb
Jan;

73%

3,050

•

420

-

Pennruad

Singer Manufacturing

900

•

_____

$1 .cumulative

Jan

31%

*

__

Peninsular Telephone

36

2%

17%

1
*
100

common

Jan

8%

Jan
Feb

*

Plymouth

Co

7%
33%

30%

•'

.

Parxersburg Rig & Reel
Patchogue

'

100

Amer sh

Motors

500

1,300

.

preferred

Oil

8%
34%

Pattern

Simpson's .Ltd class B
Singer Manufacturing Co

103% 104%

30%

t

com

8%

'

•

Page-Hersey Tubes common
Pancoastal Oil (CA) v t c

Pantapec

--j:

__25

preferred
Light 5% pfd
$5

&

Public

$1.30

1st

preferred

1st

Pacmc

Pacific

6%

33%

8%

3

common

Elec

&

lb»/2

•

convertible preferred

Simplicity

1%

100

Publications—

Simmons-Boardman
$3

17%% an

*
*

A

Corp of America class

Snoe

Jan

2,200

2%

*

Canada

of

1% Man

16,300

16

78%

1
1
1
1
*

Jan

*

preferred

4%

Sherwin-Williams

"l%

1 %

2%
16

9

Mfg Co

Sherwin-Williams

0an

76%

*
-1
25
100

Water & Power:

Shawimgan
Sheller

Jan

19 %

16'/a

~~~

Shattuck Denn Mining

Jan

Jan

8%

600

7%

Jan

14

II

7

1

Securities

Overseas

Jan

Jan

9

18%

19%

39

100

::

1

Omar Inc

Jan

2,100

9

9

1
•

class B

Filters

United

Oliver

Gas

Distillery

Pomdexter

Old

35%
107 %

42

37%

38

Jan

275

111%

109.

100

preferred

2%

Feb

2

3,800

38

36

*

common

2%

2

2

50c

common
Co class B

Leather

28%

Feb'"J

16
2 %

—

Safety Control
Serrick Corp class B
Seton

Feb

16%

76%

—

Corp

Radio

Sentinel

1

Inc

Br

(R

Semler

25'A

600

25

stock—

certuicates

High

900

17%

5

stock

Sentry

Ogdcn

"l%

Co...a——.*
Industries Inc common
1

prior

Low

26

.16'A

16%

1

—

Range Since Jan. 1

1%

*

Inc

Shares

High

25%
16 %

tinoe

Convertible

Feb

Jan

Co

steel

Selected

—50

Power

Aircraft

Novadel-Agene

Feb
Feb

2 V-r

1

Pub Serv

States

33'A
33

—

Co

Indiana

Northrop

600
400

of Prices
Low

25
*
1

Manufacturing

Scovill

33%

12 Vz

Texas

RR

Penn

|| Jan

Jan

33 %

————

Airlines

Northern

%

1,100

Sales
for Week

Range

Par

High

33 %

Utility Securities—8
Oil

American

North

Nurtneast

Range Since Jan. 1
Low

lu

Week's

Last

Sale Price

Exchange

New York Curb

33

class A—

Rayon

American

Norm

%

...5

II

Fridny

High

Low

Par

FEBRUARY

STOCKS—

Shares

of Prices

Sale Price

Exchange

New York Curl>

ENDED

tor Week

Range

Last

WEEK

Sales

WMk'i

Friday
STOCKS—

FOR

EXCHANGE

CURB

YORK

NEW

Monday, February 14, 1949

CHRONICLE

FINANCIAL

14%

15

2% '

2%
9%

Jan

■'•J

10 '/8

33%

Feb

41

Jan

Jan

3

10%

Jan

Jan

.

Puget Sound PoWer

& Light—
$5
prior
preferred
Puget Sound Pulp & Timber com
Pyle-National Co common
Pyrene Manufacturing
___

_

93

18%
5%

100

21 %

Jan

12%

Jan

Jan

5%

Jan

'

•

18

Ills
—10

_

5%

—

Feb

98%

Feb
Feb

5%

50

97%

Jan

18

400

11%

10%

150

18

11%

•

_

Corp

Taggart

Technicolor
Texas

Oats

6 c/o

86%

86-%

•

common

13%

•

145

50

13%

50

13%

92%

Jan

Jan

85%

440

89
148

146

148

100

preferred

148 %

Jan

Feb

xl4%

Jan

Jan

Tlio

Co

Inc

Rooting

Realty

Tishman

&

Tobacco

Allied

&
Construction
Stocks

Tobacco Security Trust

R
Aadlo-Kelth-Orpheum option warfantg.

Amer
I)

30,500

16%

Vz

275

Jan

Jan

in

It?

%

,v

Jan

Railway & Light Securities—
Votng

common

10

_

—

•

16

Railway & Utility Investment A
Rath

Packing

Co

common..

Raymond Concrete Pile
convertible

$3

Kavtheon

Roller

Regal
Rets

Rice

Dry

Richmond
Rio

fTexas

Roeser

Roils

...

26

Jan

Feb

37%

Jan

53%

110

53

Feb

53 %

Jan

6

6%

7,700

6

Feb

7%

Jan

5%

500

5

Feb

5%

-

J.

-

_

Jan

Jan

23

3%

Amer

1

2%
2

1

100

1%

Feb

1%

Inc common

•

22 %>

1,025

"17%

Jan

21%

25%

300

23%

Jan

25%

Jan

2%

1.700

2 %

Feb

2%

Jan

3%

1,100

2%
X2

2%

Feb

Field

Electric

Rotary

(The)

Rowe

Royal lie

Russeks

Inc

22%

24

Steel

Corp
Co

Oil

Fifth

10

Co

Ave

*
—

—

L25

common

Aeronautical Co.
Consolidated Petroleum..—

Ryan

__

__

Ryan

Ryerson

&

Haynes

__

8%

Unexcelled

Chemical
of

Gas

Union Investment
Union

Feb

27

Jan

Oil Co

$3.75

30%

8

4%

900

4

32

%

30%

1,700

1st

conv

Jan

United

Chemicals

United

Corp

Savoy

United

Jan

United

Elastic

Gas Corp

Feb

7%

Jan

United

23%

1,025

19%

Jan

24%

Jan

United

10%

1,000

9%

Feb

10

Feb

7

7%

6

7

500

1.800

5%

Feb

4%

4%

2,200

4%

Feb

4%

4%

4%

500

4%

Jan

Oil

Inc

Sayre & Fisher
Schulte

(P

A)

Brick
Inc

1

common

(Del)-.

For footnotes

7%

7%

7%

16%

16%

17%

9%

8%

10

1%

2

1

Corp

.

25c

Co

1

—

ITa

6%

•

!

Jan

5%

Jan

Light

Rights
Uniied

Jan

4%

see

page




33.

1,500

7%

Feb

8''a

Jan

Feb

[I

Jan
.Jan

%

7«

1,200

%

Jan

58%

300

55%

Feb

1%

1%

2,400

x95%

x95 %

97 %

75

%

%

600

"2%

~2%

~2%

5,800

60

2% Jan

1% 'Feb
91%

Jail

98

Jan

%

Jan

3%

1
1

Jan

U Jan
4

%

Jan

900

200

97%

2%

Jan

24%

Jan

Feb

x6

6%
10%

Feb
Jail

2%
24

&

7%

Jail

Jan

11%

Jan

United

common...

Products

common—
.

-

Molasses Co

1%

2

1%

Feb

3%

Jan

com

Machinery

19%

Jan

10%

Jan

United

Feb

2%

Jan

U S

400

1%

Jan

2%

Jan

U S Foil Co class

200

3%

Jan

3%. Jan

3.100

1%

Feb

1%

Jan

tr

S

$5

*
•

:

common

3%

common.

Corp

B—

and. International. Securities

1st'preferred; with

warrants

97

"3%

"5%

1,400

irt

%

1.

Jan

6'A

92%

Jan

97%

Jan

Jan

57

Jail

3 %

Jan

10,200

28%

250

27

Jan

3%

Jail

Jill
Jan

39

27

Jan

Jan

Ml

Feb

TO

29'A

Jail
Jan

1%
10
20

.

19 %

Feb

21

23%

27,100

21

Feb

24'A

1A

197,600

1

Feb

li7.i

Feb

50

10

Feb

10%

Jan

20%

130

20

Jan

20%

Jan

246% 546%

19%
21 %

10

19%

19%
21

2,200

'

1
1

0
1C

10
20

10

1

*%•

Feb

Feb

Jan

4%

246%

Feb

246%

Feb

!H

Jan

1

Jan

7'A

Jan

__

6%

48%
-

__

6%

100

6%

Feb

48 %

51%

2,400

47%

Jan

52 %

Jan

39%

430

37%

Jan

40%

J VI

8%

Feb

38%

*

8

.1
10c
1

*
*

;

8%. Man

39

25c
—10
25
25

Specialities

Air Conditioning

•

Feb.,
Jan

4%

Preferred

Feb
Jail

1 %

Jan

54%

225

96

.100

preferred
Shoe

1%

3%

Vz

7 'A

Ltd—

Profit Sharing

8%

1%

2

500

dep

16%

s

";r

1,700

96

—_

.

GOO

700

1

2%
8

6'A

•
10
1

Railways

Preferred
United

700

2 %

7%

1%

jV

w i

Milk

1%

2%
8

•

common

Corp

10,500

3%
1%

6'A

55%

50c

com

'

1

common

—

Feb

Jan

%

warrants

33%

9%

4%

49

Salt Dome Oil Co

Jan

54'A

1%

*

Products

Jan

10%

Samson

Jan

13'A

Jan

55'A

100

of Omaha

Yards

Aircraft

4%

Jan

Co

pfd series A

St.ock

~9%

Feb
Jan

•

1

10%

Jan

52

of California—

United

900

Corp

Canada

Jail

United

Corp Ltd common
preferred—

Jan

12%

190

57/b

10c
5
*
4

Corp

rets ord regis
United NJ RR & Canal

Lawrence

10%

900

10%

Realization

Amer

St

1,300

x6

Feb

2%

Jan

1

common

Jan

10%

1

93

9

5%

1

Jan

13%

U
Ulen

22%

7%

1

common

Ltd

32

17%

Jan

12%

•

22%

575'

4%

5

—

Feb

11

54%

10%

*

Jan

1%

40

—c.

9

5

xl5%

Feb

128

Jan

12%
„

preferred

89

5,100

93

£1
...

400

Jan

25

3%

Union

dep rets for ord reg
Corp common

300

121

53%

10%

*

Lamp Works com

convertible

80c

16%
13

12

warrants

Inc

Tung-Sol

Jan

30

125

x!5%

5
1
1

Jan

20%

3 %

92

.100

pfd F

Cable

Roosevelt

Trunz

.'

Corp

Lux

J.v.i

12%

Jan

1%

19 %

Royce Ltd—

Rome

Mining of Nevada

Tri-Continentai'

27%

Jan

Jan

Co—

4%

Trans

11 %

Jan

10%

100

Corp common
Tokian Royalty Corp
Toledo Edison 4 % % pfd
Tonopah

Feb

26

£1
5s
20
70c

Shipyard

Union

c

Elec

Pendleton

&

—

*

IIIi

Gas

t,

v

Jan

33

1%

3%

1

Engineering

Valley

Gas &

24%

300

20%

—5

Goods

Corpi

Rochester

50

34%

5

1

&

Radiator...

Grande

25%

•

Co

&

Electric

Stix

6*4

6.25

Co

Shoe

(Robert)

Reliance

Ills

Co

Jan

34

,

class A

Jan

53

-'

r-

common.

-17

25%

»

•

Dreferred

Bio

—:

.10

common

Manufacturing

Readme Tube Corp
Jttecu

..

—

Jan

r-1 in

:

1

Todd

11

700
900

Co Ltd—

dep rets ord regis
dep rets def regis

Amer

200

11%

123

123

5

common

11

26%

11%

11%

*
100

pfd

common.—

new

Corporation

11
26

•

common

Light 7%

&

Shovel

Thor

Quaker

Inc

Powei

Thew

Quebtf Power Co

-X

common

Tampa Electric Co common

.

1%
13%
2%

8%

200

1%

1%

1,200

13

2%

3,600

14

2%
—

,

2,400
—

8

Feb

1%

Jan

1%

Feb

14%

Jan

Feb

3'A

J'in

13
2 %

75

Jan

.1

11

77% Feb

Volume

COMMERCIAL

THE

Number 4777

169

YORK

NEW

RANGE

Week'a

Friday
STOCKS—

Last

New York Curb Exchange

Sale Price

U

Radiator

S

11

Friday

Lout

High

New York Curb

Interest

Exchange

6'A

Jan

Isarco

1%

Feb

2'A

Jan

A 7s

with Nov

2

Feb

2'A

Jan

A7s

ex

Feb

4014

Jan

Altalian Superpower 6s

x25 'A

Feb

x25'A

2314

Feb

2'A

Jan

Jan

5'/«

2,800

1%

1 38

l'A

700

2'A

2'/a
k 35'A

2»A

300

35'A

100

35'A

25

450

or

Friday's

Bid &

Hydro-Electric

Aske^

Low

Feb

4'A

Week's Rang*

Last

Sale Price

Period

High

41/2

4'A

33)

EXCHANGE
FEBRUARY

Range Since Jan. 1

—1

-

ENDED

(729)

BONDS

Shares

1

common.

CURB

WEEK

CHRONICLE

for Week

Range

Low

FOR

FINANCIAL

Sale*

of Prices

Par

&

High

Bonds

Range Since

Sold

Wo.

Jan. 1

Low

High

Co—

*

Rubber Reclaiming Co
"nupd Stores Corp corn
U

S

Universal

Consolidated

Universal

Insurance

.10

,

Universal Products Co common
Utah-Idaho

:

_50o

Oil__

x25 »A x25 'A

x25'A

10

24

2314

:

6

2VB

*

Sugar__

Utah Power ft Light common

25

21%

2%

2,400

22

21

400

Nov

1940

1

1947

1

1963

coupon

1953

coupon

/-j

3'As

1960

J-D

Light 3V2S

1969

J-J

1950

T-k

1963

A-O

Feb

Kansas

Electric Power

Jan

Kansas

Power

25A

Jan

McCord

Corp deb 4V2S

22'A

Feb

26

"

Midland

ft

RR—
4% to

at

Milwaukee

Valspar Corp
Venezuelan

preferred

—

Petroleum.

4%

Venezuela Syndicate Inc
Vogt Manufacturing

20c

4'A

12

1,300

•23/8

21a

2%

•

'4

1,200

12

12

4'A

514

Jan

Jan

3

Feb

2%

&

2004

Jan

1214

A-O

3'As

Hydro-Electric

A6M2S

Waitt ft Bond
$2

Ward

Watch

9

ext.*
.100

Corp

1%

500

Manufacturing
Utilities

9

$6

■,

1%

M'< f

114

Coal

Co

1014

Jan

(R

C)

Jan

Ban

5,000

214

Feb

43/b

Jan

Bcullin

l'A

200

l'A

Jan

1%

Jan

Southern

..

7'A

500

6 Mb

preferred

Winnipeg Elec

w

140

140

20
•

Feb

25

140

Jan

Joaquin Lt & Pow
Steel

inc

Industries

Petroleum

Woolworth

(F

Wl

&

ref

1714

Inc

Southern California
Southern

36

Jan

Southwestern

21

Jan

Spalding
AStarrett

Jan

Jan

15'A

Feb

2'A

Jan

900

1714

Feb

18'A

Jan

400

18

8'4

8'A

Jan

9

.

com

Counties

6'A

Gas

6

Feb

914

300

914

Jan

10

4'4

4'4

800

4'A

Feb

5

3rd

Jan

50

15

15'A

100

2314

27 'A

800

100'4 100'4

25 )A

10

15

Jan

2314

Feb

151a

Jail

29

Ternl

Jan
Jan

United

United

97A

918

100

9+8

Jan

lO+A

Jan

11'A

100

11'A

Feb

14

Jan

8

~i%

Interest

Exchange

Period

800

7'A

Jan

8

4,100

1'4

"lli

Jan

2,3tf Jan

Feb

1953

5'As

A

Last

or

Sale Price

of

Steel

Bonds

Friday's

High

100%

101'A 101'A

Af-N

J-J
J-D

1998

A5s

(20%

108 :,4

J-D

A5'/as

120%

1948

redeemed)

3162
101 'A

Jan

90'A

2

10014

2nd

Debenture 5s

1st ref

1,

_

Lt

mtge 3s

Pwr

&

3'As

conv

(Bait)

•

10814

—

1601s

of

1

Dec

1

A

,

'Ercole

Gas

*1

Water
MarelU

Elec

'A

92'A

95'4

52

92

56

105

104

10314 104

17

10334

10414

106 'A 10614

21

106

10614

J-J

87%

87

8734

87

87

J-D

240
3

_

5s

3101 »A 102

A-O
Jf-M

88 'A

87

v

87

Mtg

income

100

111%

Jf-N

-W«l

100

104'A

6014

May

5

A

9734

3117'A
334

100

101

104'A

111%

1

62%

112 'A

25

60)4

1814

Csl

38

M-l

1950

57'A

J-J

196S

-

16

36

30

38

12

$100% 101'/a
38

1984

MS

3'As

Power

100 %

38

10

86

85

24

100%

28 Ms

38

3108'A

J-D

3118%

1989

F-A

118%

101

31003a 102

86
108

118%

3108

A-O

1960

5s

J-D

82'A
107%

1964

2030

5s

102

__

~

Newspaper Union—

Interest

Exchange

Last

Period

Week's Range
"

Sale Price

or

Friday's

Bid & Asked

A-O

J-J

37'A

70'A

70

70

5s

1953

F-A

1983

J-J

2068

70

6%

.,■■■

70'A

1

70

6%

M

38'A
75
70

7

14

28

M-N

6)4
133 4

28

24'A

29

40

37'A

38'A

1951

J-D

£37%

1947

JT-1V

1947

A-O

A

Mortgage Bank of Chile 6s

1931

JAP

£27

1973

J-»

—2006

1997

;

£42%

Mortgage Bank of Denmark 5s

116

37'A
1

14

Mortgage Bank of Bogota—
A7s (issue of May 1927)
A7a (issue of Oct.
1927)

100'A

High

14

M-A

2'As

Jan. I

Low

38

70%

M-N

to

Range Since

Sold
No.

362

J-D

1955

Interest reduced

High

Bonds

362

City (Peru) 6'As stamped_1958
Maranhao stamped (Plan A)

48)4

97 3A
116

—

7s

stamped

43

42'A

42 V4

£65

70

61'A

64

JJ

£29'A

31

26 »A

30

J-J

16'A

16

£42%

'

33

36

—

Parana
•

M-Jf

57'A

3102

7

103 ""

^

(Republic or)

1

105

1

58

105

*No

37

361«

3714

11

33

3714

24

31%-

37

4

37

37

36

37

7

32

37

1957
1912

/-J
37

10

32%

37%

17

•

3 l'A

Government

par

Odd-lot

37'A

37

....

37'A

value,

a

transaction

A Bonds

6'As

1919

M-3

2'A

2'A

20

2

3

J-J

23/a

2'A

20

2Va

2:4

Deferred delivery transaction (not included in year's range),
d Ex-interest,
(not included in year's range),
f Ex-distributibn.
g Ex-stock
div.
h Ex-

being traded flat.
in receivership.'

§ Reported

v'

Abbreviations used above—"'cod,"

v.

G2

„

6414

21

62

•

"w

-66

i,"

when issued;

"w w,"

with

warrants;

t

Below

are

the daily

closing averages of representative stocks and bond*

the New York Stock

on

Exchange

as

compiled by Dow, Jones & Co.,
—Bonds-

Stocks10

Feb.

5

Feb. .7,

Feb.

:

8

Feb.

_

9

Feb.

10..—.

Feb.

11__

-

-

_

-

.

20
Rail¬

Util¬

trials

Date—

30

Indus¬

~

roads

ities

Total

15

175.60

50.47

174.43

49.59

34.24

173.71

49.90

34.30

50.08

34.20

First

10

Second

10

Total

65

Indus¬

Grade

Grade

Util¬

40

Stocks

trials

Rails

Rails

ities

Bond*

101.68

103.81

89.91

103.31

34.56

174.61

10

63.73
1

99.68

63.12

101.72

103.74

89.59

103.30

99.59

63.07

101.75

103.81

89.44

103.21

99.55

63.29

101.65

103.71

89.43

103.10

99.47

172.41

48.94

34.05

62.43

101.61

103.56

89.19

103.33

99.42

171.93

48.70

34.11

62.28

101.66

103.64

89.08

103.55

99.48

"cons," consolidated;
cum,
cumula¬
stock; "vtc," voting trust certificates;

"x w," without-warrants.

Stock and Bond Averages

listed

for cash,

.

certificates of deposit;

tive;, "conv," convertible; "M," mortgage; "n-v," non-voting
1

27

principal.
n Under-the-rule
transaction (not included in year's range),
r Transaction
(not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
3Friday's bid and asked prices; no sales being transacted during current week.

37%

36'A

f-k

37'A

3G

37
,

16:8

24'A

28

i.2013

to

A5%»

105%

37

£26

J-D

2%

1921

ARussiao

"

15'A

45

(Plan A)

stamped

Teducea

Interest

102'A

56'A

—

2'/aS (ser A B C D E)

Rio de Janeiro

5714

10214

__

57

105

-

52'A

102%. 102%,

• -

57

J-R

(Plan A)
to 2M«s

Interest reduced

Peru

10214

/-J

1088

(July 1941 coupon)

stamped

—

—

3102

J-D

.

1933

ctfa

,/

315

5'As

is to

1957




25

1950

coupon

Traction

e

1941 coup)

escrow

24'A

37

ALima

631A

47

98'A
~

40

315";"

1081

(Aug 1941 .coupon)

Debenture

22

£23

J-D

External

102'/*

47

343

97%

M-l

1170

C

Internet* Power Co—

67

24'A

1950

coupon

Danzig Port ft Waterways—
AExternal 6'As stamped

101'A

Power Sec—

series F

A 7s

63

+

1949

4s

J

debs

Water

Penn

105

9914

-

14

11118 111%

60 Mi

4*4

.

1998

series E

A7«
A 7s

127

Hotel—

Electric

AMedellin

-1161

A6^s (Dec 1
A 7s

A-O

2

104%

95'A

124

Co—

Indianapolis Power ft Lt 3%s

-

£23

External

104'A
—

104

104

A-O

1*5*

.Guantanamo ft Western 6s

•

9614

'A

87

.;

310414

J-J

1993

3'As
RR

stamped

series

J-J

Agricultural Mortgage Bank (Col) —
A 20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1946
Danish Cons Municipal Loan—

10514

,

1*93

Orand Trunk' Western Ry 4s
Green Mountain Power 33As_—.

A6'A»

67

90

Co—

1940

renn

Finland Residential Mtge Bank—

International

67

93

89'A

'

5s

A-O

Lots
66

105'A 10514

A6%s-with Nov 1 1940 coupon—1MI
A6VaS ex Nov 1 1947 coupon,
181*
-

130

Friday

Division—

J

Fuel

Lt &

£125

1

BONDS

RR—

mtge 4s ser A
1st mtge-4s ser B

Eastern

Elmira

A-O

104'A
18

Foreign Governments & Municipalities

City)—

1st

-

93

1940

N

1947

1

10114

105 3 «

jf-Q
,

1964

N

90

160'A

101'A

—

92

1981

(Bait

& Western

Lackawanna

92

'A

1976

Gtn mtg* 4>/aa
Delaware Lack

100'A

£104% 105'A
90

10814

3

165

1989
Q

debs
Gaa

F-A

M-N

1946

Electric Service
with Dec

Washington

—

P

1st ref mtge 2®As ser
1st ref 3%s series R
Consolidated

105'A

1001'2

10614

108 34

1963

ser

10314

Industries—

ex

10014

A-O

1958

1977

89

MS

1969

Gas El

3%S—1970

stamped

102

106

M-S

.

1966

Debenture 3e

Registered

107

£105

i'

J-J

High

2

v.\.

101'A 101'A

J-J

1954

5s

Debenture 5s

Conaol

1971

Corp—

redeemed)

Cities Service

105'A
105'A

£99% 102

4-0

•

104

105%

107

105'A

32

1061a IO6I4

Q-F

1970

Low

18

Canacu—

Electric

•

20

Jan. 1

No.

100'A 100+/8

101'A

1955

6s

States

10114

£103%

1980

New York Curb

ICentral

F-A

' 104'A

Range Since

Sold

1061B 10614

J-J

2%s

Edison

101'/8

£105'A

6s conv s f debentures

Bid & Asked

/-D

1964

5s series C

'Bethlehem

•

1960

Telephone

Boston

J-j

104

Corp—

Waldorf-Astoria

Week's Rang*

Low

1970

deb

101

115

£101 'A

104'A

I960

Electric Co of

A 5s

~2'/«

Appalachian Elec Power 3'As
Tel

£113

A-O

1970

stamped

A7s

£1

Associated

ft

Jf-B

102

100 la

£9914

AP'As with Aug 1 1940 ccupon__1981
A 6 '/a s ex Aug 1 1947
coupon
1953

1001a

11'A

BONDS

City Electric 3'As

155 ;

101 »A

Hydro-Electric Co—

Jan

100

2

Friday

Tel

H rf* CO

—

trust

(Hugo)

A7-4s

Western

Atlantic

30'A

Jan

•

4'As

153

M-f

1989

West

Electric

3'As

(Calif)

Elec

&

West

New York Curb

153

no i'A 102

1931*>

Corp inc 5s

(Hugo)

A7-4s

Jan

6

914

714
—

26

—

1988

5s

A 7s

preference

40

1973

Gas

Gas

G)

(A

Stinnes

Ltd—

Wright Hargreaves Ltd--——

Assoc

1953

3s

,

collateral

5s

Jan

6

American deposit receipts

Bell

M-N

B

1st mtge 3s

Jan

-

8

...

new

93'A
106'A
106

J15
j-j

6s B—

Edison

ser

Jan

2'A

8»A

6

3s

Jan

Jan

—

"514

M

25

15

—

1st

150

35'A

-100

pfd

93

105'A
105'A

1971

Jan

20'A
,

•

4'/a%

93

104'A

106'A 106'A

A-O

mtge 3s

California

'

.2

25

w

Wooriall

Jan

114

1

common

Wcodley

71 e

*

Jan

.1

Inc
common

Wisconsin Pwr ft Lt

Jan

112

■

,

•

Co

ft

Products
Brothers

103)4

134

3s_1981

Safe Harbor Water Power Corp

2'A

314

6%

5

_

108

103

UQ5'A 106'A

J-J

1998

Jan

Stinnes

_

106 Va

Borough Gas ft Electric—

6 Vis series A

'A

1

—10

...

102 'A

10314

93

j-d

1951

Feb

Queens

214

'.

1

Wichita River Oil Corp
Wicke.s (The) Corp

104'A
104'A

107% 107%

Jan

1

200

—20

ft

65

104

104'A

104)4 104 %
tl03

1960

debs

Jan

2'A

22,800

—1

6 'it

6%

50-year

9%
/

1%

—to

(Win)

104'A

1960

coupon__

coupon

Jan

+•; i__"

■

9

—

•

Weyenberg Shoe Mfg

104)4 104)4

1104 '/a

Co—

1940

1947

114
8'A

;
'

500

1

.1.28

preferred-

Westmoreland Inc

5%

Jan

l'A. Jan

9

Western Maryland Ry 7% 1st pfd. IIoo
•
Weslern. Tablet ft Stationery com
Westmoreland

Wtllsoui

1

1

3'/as series A

Texas

Wilson

Jan

l'A

1

Wentworth

Williams

Oct

Oct

62'A

'

1

We«t

Whitman

ex

3

Co

Aircraft

91a

200

'

'

Baking Co warrants—....-

Warner

9

.

1»4

.

1%

—30

__

with

A6V2S

l'A

l'A

1

preferred

cum

Waltham

ctfa

Inc

101%

63

Public Service Elec & Gas Co—

•

Wagner Baking voting trust
7 %
preferred

101%

j-j

1970

Piedmont

Waco Aircraft Co

4s

3 V4S

mtge

Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3'/4S_1964

W

108 :,4

62'A

A-O

1st

3s

Park

Jan

108'A

10114 101%

j-d

1908
1971

Westchester Ltg

Power

1st mtge

Jan

26

108'A 108'A

M-N

Ohio

Jan

x70

Feb

12

200

61'«

Feb

68

__

4

Jan

514

200

5%
—,

31

nor
„

lf-fl

1901

NY

514

—

Gas & Light 4Mas
England Power 3'As

1967

New

5%

—1

common

64 convertible

2l

•

J25

Valley

Extended

V

2714

28

115

1968

;

40

J34

'

34

COMMERCIAL

THE

(730)

&

OTHER STOCK
RANGE

WEEK

FOR

Monday, February 14, 1949

CHRONICLE

FINANCIAL

EXCHANGES
FEBRUARY

ENDED

11

Week's

Rang*

Par

Arundel Corporation
Baltimore Transit Co—

1st preferred

5%

13%

13%

765

13 %

15

430

14%

Co

common

common

Feb
Feb

16

Feb

Doehler-Jarvis

Feb

Domestic Credit Corp

168

15

170

164%

170

Jan

Corp

Jan

Jan

105

30%

30%

125

29%

Jan

31

53

53 %

270

49%

Jan

54%

1975
1975

531/4

59

60

105

100
30%

—2

Transit

4s

Co

Jan

Feb

31%

Jan

7%

Jan

7

7

50

7

Feb

30

100

30

Feb

2%

2%

2 "A

50

Jan

Feb

30

2Vz

*'■

Jan

Jan

90

90

10

90

Feb

95

Jan

13

*
15

7

105

105

1

Dock

&

Dredge

13

200

13

Jan

13

Jan

53%

$15,500

48

Jan

53%

Feb

2,000

55

Jan

60

Feb

Brewing common

12>A

5%

Feb

6

Jan

1,550

7%

Jan

8%

Jan

5%

Feb

6

Jan

1,800

8'A

il
10

59%

1
*

8%

common

9%

Feb

58 Vz

^an

6

7%

Corp common.

Motors

Feb

100

5%

~7%

1Y*

Corp

General Finance
General

Auto

9%
11%

850

11%

10

Drive

Fox

(Peter)

11%

5

60

1,450

9%

9%

Co common

of America Inc

Flour Mills
Four-Wheel

5s series A

27'/a

Jan

51

28 VA

29'A

400

Jan
Jan

Connell—

&

Fitz-Simmons

Jan

50

30

/ High

•

26 Vz
25

150

2,900

30

1

class A

26%
26 Vz

29 y4

5

Eddy Paper Corp (The)

Low

26%

10

j'

—

Range Since Jan. 1

Shares

26'/a

2o%

Jan

BONDS—

Baltimore

Crane

14%

Mills—

Casualty

Guaranty

U S Fidelity &

High

Low

High

Edison

Commonwealth

H

High

Low

5
25
25

Inc

Co

(The)

Coleman

Elgin National Watch——

6.75%

Amsterdam

Range Since Jan. 1

Dodge Mfg Corp .common

Vernon-Woodberry
prior preferred

Mount

Shares

14%

13%

•

100
:-20

v t c_

Fidelity & Deposit Co—_

New

Low

of Prices

Par

Sales

of Prices

Range

Sale Price

STOCKS—

for Week

Sale Price

STOCKS—

for Week

Last

Exchange

Last

Friiay

Sales

Week's

Friday

Baltimore Stock

12

g

6

6

60%

59%

Feb
Jan

Feb

62%
1

I

Gibson

Boston Stock
Friday

Week's

Range
of Prices

Low

Par

Agricultural Chemical
American Sugar Refining
American Tel & Tel
Woolen

American

Anaconda

Copper

50

34%

Jan

40%

15

33%

Feb

36%

Jan

3,641

143%

Jan

150%

631

34%

Jan

34%

Hecla

_

Service

Mining Co

Jan

pfd series A

1st

116%

Feb

120

40%

Jan

42%

Jan

16%

17

615

16%

Jan

19%

Jan

Kellogg

Jan

5

225

5

38%

Feb

109

40%

4%

Feb

5

100

5

15%

15%

15%

50

74

73

75%

235

4%

73

4%

4%

Switchboard
preferred

,

Jan

43

5yB

Jan

5%

Univ

Ext

Salle

La

Jan

9%

Feb

16%

16%
15 >/4

1,050

9'/a

9%

16

450

Jan

17

14%

500

14%

Feb

15%

Jan

9

Jan

Feb

10

Jan

9

15%

15%

16

850

15%

Feb

17'A

Jan

x49%

48%

51

101

48'/a

Feb

53

Jan

16

Jan

17

Jan

Jan /

liy2

Jan

Jan

18%

Jan

69

4%

Jan

76

Feb

Libby

Jan

Lincoln

Feb

5%

Middle

Field

Marshall

Jan

West

&

Co

Miller & Hart Inc

Modine

Mfg

6%

Jan

17%

25

25

4y8

4%

4'/a

100

;

25

25%

1,300

12'/a

14

9,950

10

88

14

88

10

88

6%

6%

1,800

,

G%
8

Feb

4%

Jan

Feb

27'A

Jan

Jan

14

Feb

Feb

88

Feb

Jan

Monroe

Chemical

30

64

Jan

68%

Jan

Montgomery Ward & Co

25

84

Feb

55

100

15%

Jan

15%

Feb

52%

52%

100

51

Jan

54%

Jan

22%

22%

100

22 Vb

Jan

24

2'/a

5,800

1 %

Feb
Feb

11

Jan

8

2
9%

1%

1,250

13%

250

13%

Jan

14 Vh

Jan

15 Vb

50

15

Feb

15 Vb

Feb

23%

23%

200

9%

4%

Feb

Jan

55%

Jan

28%

50

28%

Feb

28 Vz

Jan

30%

450

30

Jan

31%

Jan

30'A

300

27%

Feb

31

Jan

28'A
30

20

27%

*
♦

x23%

Jan

20%

20%

19%

22%

33%

34%

220

33%

Feb

35%

Jan

North

•

58%

60 y8

319

53%

Jan

61%

Feb

Northern 111 Corp

1
*
•

42.55

42.55

22

43.75

Jan

Northwest

35%

37%

2,028

35%

Feb

40 y8

30%

552

29%

Feb

33%

Jan

30

4

Jan

29%

10

36

Jan

Car

American

common

common

Bancorp

common

Manufacturing

Oak

Parker

Co

Pen

1

common

__

8

Jan

24%

250

22%

8%

1,750

-8%

Feb

200

21%

1,580

7%

*'

Jan

-9%

Jan

23%

Feb

7%

21%

Feb

9

24 Vz

Jan

23%

8y»

8'/a

25

common—

150

9

8%
i

Jan

25

Feb
Feb

52%

30

54

Muskegon Mot Spec cl A

23%

500

4%

4

53

National Standard common—--

Jan

13%

13%

*

Jan

Jan

2%

15

10

—*
9

39

Jan

42.55

,

9%

'

common———*

88

Jan

Jan

700

10
1

common

Co

Feb

8%

8'/a

15%

vtc

preferred—'

prior

$1

446

20%

6%

Feb

15%

8

•

Minneapolis Brew Co common

.

450

5

common

Feb

Jan

17%

*

common

4

30

17%

17%

7

capital

Corp

261

65

xl07/a

1

Printing Co common

Feb

65

300

5

common

Jan

5

210

11%

*
100

common

1%

39

16

10%

Jan

16

Jan

15%
.

16

•*

McNeil & Libby common

Jan

*

Co

32%

Jan

16%

1

—

46%

4

*

General Electric

Feb

8%

•

com

(new)—

Harvester

Feb

100

86

General Capital Corp

29%

200

14%

*

Prod common

Feb

661

1%

35

Inc

200

9%

10

Pneumatic Tool

Steel

1%

41%

1%

39

35

Stores

Jan

29%

9%

i

Lindsay Lt & Chemical common

84

Gillette Safety Razor

Indiana

5%

100

National

9%

25

cap

capital

Co

International

Independent

167/a

new

common—j.

Brick

Illinois

197

100

Employers Group Assoc

Feb

1

common

Co

Brew

Inc

Horder's

1,295

6%

preferred class B
pfd adjustment
Eastern Steamship
Lines

8 Vb

Jan

41%

33

5%

First

Jan

38

40%

-100
100

Common

6%

36%

Massachusetts Street Ry—

Eastern

(G)

116% 118%

116%
41%

•
100
5
100
26

Trust
RR

Providence

&

700

*
*

common

Dk

&

Spencer Bartlett common

35

4%

&

Heileman

Hibb

Feb

38%

Boston Personal Prop

Dr

31%

100
ruO

Calumet

Lakes

479

31%

100

Cl A 1st pfd stampeu

H)

8%

29%

—*

common

(W

8%

Jan

33%

preferred

prior

Boston

Cliff

High

37%

cl A 1st pfd unstamped

7%

Cities

Low

High

RR—,

Maine

&

Boston

common

Hammond Instrument Co common

144% 147%

146%
36%

100

Stamped

5%

Range Since Jan. 1

Elevated Railway—

Boston

5%

Shares

33%

100
25

RR

Albany

&

Boston

Boston Edison

Co

Gossard
Great

37%

*
100
100
*
50

American

Bros

Co

for Week

Sale Price

STOCKS—

Safety Razor common

Goldblatt

Sales

Last

::

'

Gillette

Exchange

Refrigerator

Jan

Feb

'

Isle Royale Copper
Kennecott Copper
Loew's
Maine

15
*

Central

Jan

4%

Feb

46%

Feb

56%

Jan

57c

120

13%

Jan

14%

Jan

Penn

10

Jan

12%

Jan

58

Feb

62"

48 %

48%

50%

94

'48%

Feb

50%

Jan

12%

12%

13%

362

12%

Feb

15%

Jan

15c

21c

13c

Jan

Cos—I

Service

Electric

Pennsylvania

8%

8%

83

8%

class

19

13

13

16 Vb

16%

24,600

25c

Circle

Perfect

—

50

1,300

Rath

(The)

Co

10

400

9%

1

common.

Packing common

1

5

4%

2'%

(The); common

&_

9%

250

25%

25%

110

Jan

9%

2,140

8%

Jan

9%

Feb

84%

300

80%

Jan

87%

Jan

8%

32

7%

Jan

9%

Jan

St Louis Nat Stockyards capital

•
x—*

Co capital

Sears Roebuck &
Serrick

Prod Corp

36c

44c

2,400

30c

Feb

45c

Jan

Shellmar

16%

15%

16%

1,089

15%

Feb

17%

Jan

6%

Jan

7

Feb

Signode Steel Strap common
Sinclair Oil Corp

•

4%

4%

238

4%

Feb

5%

Jan

Society Brand Clothes common

•

14%

14%

15%

1,310

14%

Jan

15%

*

12%

13%

60

12%

Feb

14%

Jan

Quincy Mining Co
Rexall Drug

Co_

& Webster

Stop & Shop

6%

Torrtngton Co
Union Twist Drill

Bend

South

Works

Lathe

•

common

6

capital

60

11

Jan

13

Feb

80

32

Feb

34%

Jan

Standard Forgings

34%

34%

55

34

Jan

35%

51%

3,973

49%

Feb

53

Jan

50%

275

47%

Jan

52 y4

Jan

US Rubber Co

10

38%

40

259

38%

Feb

43 VB

Jan

13

13

Waldorf System

Inc

49%

13

22%

22%

12%

Corp

.

20

24%

12%

Jan

13%

Jan

410

22%

Feb

26%

Jan

Stewart-Warner- Corp

Container

Sunbeam

Week's

Last

Range

Sale Price

STOCKS—

of Prices
Low

Par

Admiral Corp

Advanced Alum Castings

Ball

Aetna

Bearing

Allied Laboratories

common

4%
9%
17%

__

9%

*

common

15%

15%

1
5
•

common

__

Swift & Co

capital stock

International

of

Thor

208

South

La

19%

Jan

700

15%

Feb

200
800
400

16
4%.
10
18%

4%

Jan

9%

Feb

10%

Jan

17%

Feb

19

Jan

5

Jan

U

s

Steel

Armour &

Asbestos

Co

Tel

&

Co

100

capital

5

Mfg

Co

commcn

,

7

1

common

146% 147%
6%
7

__

—

1%

1,000
1,800
100

1%

144

Jan

150%

Jan

6%

Feb

7%

Jan

1%

Jan

1%

Lines

Washer

Jan

13 Vz

Jan

19%

20%

Belden

Mfg

Co

common

5%

5%

Jan

Vz

Jan

17%

Feb

21'/a

18

Jan

5%

450

8%

Jan

2%

2%

200

2%

Jan

2"%

Jan

7%

Feb

8 y2

2%

Jan

3>A

9'/2

9%

9%

100

9Vz

Feb

10

36%

36%

38%

1,200

36%

Feb

41%

Jan

12%

12%

12%

500

12%

Feb

14 y4

Jan

6%

300

6 Vb

Jan

6%

38
10%

38

39%

650

33 V2

Jan

10

10%

1,200

29 Vz

29%. 30

7%

1,750
50
550

6%

Feb

7%

Jan

American

5

Aviation

(George W)

Borg

(E L)

Castle

(A

1

—10
1
*

Corp

common

preferred

Convertible

__

__

8%

10

common

M)

Secur

111

18 %

common

Biscuit

Co

&

Central

9%
46%

—

12%

,

Butler Bros common

Carr-Consol

46%

10
5

common

Burton-Dixie Corp

6%

2%

Corp

Borg-Warner Corp common
Bruce Co

6%

1

Berghoff Brewing Corp

32

__

___

,

17%
8%

2%

2%

35

Jan

36%

Jan

Jan

15%

Feb

—

"

1

Anaconda

&

Cherry

S

W

Utll

Burrell

Chicago Corp
Convertible

50c

common

Corp

5
1
*

common

common

preferred

__

32

Feb

33%

12
—

x65

Jan
Jail

Bethlehem

St

Paul

&

Pac

*

vtc—

Convertible

Chrysler Corp
Club

Alum

For

preferred

,

footnotes

see

112%

2%

(new)

Products

*

__

70

Co

common

pagp




42.

"

5%

Steel

10%

Jan

Canadian

Feb

53%

Jan

Feb

22

Jan

Columbia

16%

Jan

17%

Feb

Jan

9%

Jan

2

Feb

3

Feb

Farnstforth

Jan

600
50

6%

St

San

Jan

7%

common

Jan

ll%

Jan

49%

Feb

59%

Jan

13%

Jan

25

Jan

44

44

43

Feb

44

Jan

37

38%

2,500

38%

Jan

41%

Jan

11%

11%

100

11%

Feb

12%

Jan

71

72%

4,100

69

Jan

78%

Jan

23%

23%

300

23%

Feb

74%

74%

20

74%

Feb

37

71

90

<

Jan

.26

Feb

.74%

•

10 Vi

10%

ioy2

1,900

10%

Feb

10%

Jan

x9%

x9%

9%

100

x9%

Feb

10%

Jan

5

100

13

13

13

Jan

Jan

-V13.,

•

50
10
100
•

Feb

2%

2%
—

"7%

700

8

13

13

13%

32'/a

32

33

25%

25%

200

1,200
100

Feb

7%

Jan

8%

Jan

Feb

14%

Jan

13

31

31

31%

1,200

35

* Jan

32

Feb

24%

Jan

26%

Jan

103 Vz

Jan

Feb

33%

Jan

102
31

Jan

i
9% Feb

12%

Feb

14%

Jan

11%

700

10%

Feb

13 VB

Jan

10%

300

10%

Feb

11%

Jan

6y2

6%

7

600

6%

Feb

8%

Jan

9

8%

9'/a

1,800

7'A

Jan

9 Vs

Feb

Radio—___1

1%

1%

4 Vs

2,700

1%

Feb

7'/a

Jan

*

Television

&

36 Vb

37%

1,000

36

Jan

35%

Jan

General

Electric

1%

Jan

General

Public Utility Corp

14%

Feb

Graham-Paige

450

10%

Jan

12

Feb

9%

800

10%

10%

(The)

Feb

34%
11%

65

13%

10%

10%

25

Co

System Inc

Jan

50
2,350

1

12%

1
1

Ry

"
•

Pacific
Gas

11%

Feb

13%

Gas

Co

2

Vz'

Feb

39%

11%

36

_2%

Jan

12

900

2%

Feb

3%

Jan

6

Feb

5%

5%

800

4%

5

12 V2

12%

14'/a

2,200

12%

*

10%

10%

11%

1,000

10%

*

Light

3%

3%

:Z4Z-

3,900

3%

Feb

4

15%

Feb
Jan
Feb
Jan

Jan

Nash-Kelvinator
York

Feb

11%

Jan

New

Jan

65 %

Jan

Packard

7

Corp

Central

Motor

American

RR

capital

Car

6%

Feb

Jan

Paramount Pictures Inc new

110
10
700

66%

Jan

70%

Feb

Jan

112%

Feb

Pure

5%

50

Oil

Jan

'57%

Jan

Radio

5%

Jan

6

Jan

Radio-Keith-Orpheum

of

com

common

51%

Corp

■

Jan

4%

Jan

8%

Jan

America

400

8'A

23%

23%

200

22%

Jan

24 y4

Feb

8%

8%

8%

500

8 Vn

Jan

10

Jan

•

25%

25%

26%

700

25%

Feb

31%

Jan

11%

12

1,600

11'A

Feb

14 y4

common

Jan

7%

Jan

1

*

8% Z

8%

2Vz

Pepsi-Cola

Co
Co (The)

13%

Feb

Feb

33V2

Airways Corp

600

111

12%

5
1

Motors

6%

5%

9%
49'A

Jan

com

new

70%
112% 112'A
52% 54%
70

100
200

Jan

1

Curtiss-Wright

9%
65

10

49%

12

capital

Continental Motors

8%

9%
x65

Jan

2

Certain-teed Products

18%

1,100
150

32 %

22%

common

& Santa Fe

Atchison Topeka

Pan

Chic Milw

Chicago Towel Co common—-.——*

fc

46%

11%
13

Jan

29

*

Corp

600
600

11%
12

j;

Jan

12'%

Mining

Copper

Steel

Laclede

Cent

Radiator

American

14%

6%

2,150

Feb

11%

10

1

100
500

1

—■

Feb

41

9% Jan

100

Air Lines Inc„

100

9%
50
18%
17%
8%

500

Feb

'

Machine

400

7

13%

/I

—

300

3
35%
1%
14

35%

—

32%

6%

Jan

Jan

150

Alleghany Corp

6%
35
15%

Armco

Bendix

6

Stocks—

5%

35
15

*

12%

common—,

Yates-American

6%

15

Jan

50

Jan

2%

__

Jan

Feb

Jan

6%

*
10

Bastian-Blessing Co common

Jan

13

Feb
Jan

19 'A

900

*

Bankshares

Indust

Woodall

3

Corp

28'A

24%
12%

3,100

150

13

12%

24

450

400

25%

24%

.

23

prior preferred

3

common

Jan

39%

Feb

900

•
(new;—•
10

capital

Inc

Inc—

Stores

Cumulative

57/e

4

capital

Athey Products Corp
Avco Manufacturing

33

Feb

11%

12

common—

Unlisted

Automatic

Jan

35 '/a

150

23

Westinghouse Elec & Mfg com
Wieboldt

31%

10

1,400

12

—-2

St Corp

Salle

Union Carbide & Carb

United Air

High

Jan

5

Low

High

Feb

2 6'A

8
3%

_25

Corp

Range Since Jan.1

Shares

9%

Jan

31%

17%

—-

Trane Co (The) common—

Sales
for Week

Feb

3

.

(The)——

Texas Co

9%
25

Ltd—

Co

deposit

Wisconsin

Tel

American

Corp common

Corp common
Mach Tool new com

Ctfs

Friday

Jan

Feb

5

common

Sundstrand

Swift

Chicago Stock Exchange

Jan

5%

4%

25
5
1

common

Standard Oil of Ind capital
Stone

*

:

Electric

Westinghouse

*

___

Jan

17%

36%

Jan

49"%
49%

5

Co

Jan

13%

25

13

32%

25

United Fruit

19 Vz

Jan

•

12

United Shoe Machinery common

Feb

"Feb

35'/a

5%

5

2
20
1

Spiegel Inc common
Standard Dredging common

32

1
*

Inc—

250

6%

13

16 V8

Jan

8

31%

Jan

Inc

25y2
13
19%

1

Association

2.50

:

Pennsylvania RR

19

.

11%

__

35Ve

__1

cl B common

Corp

50
25
-2.50

North Butte Mining

Bhawmut

200

19

50

A

capital

RR

.

"

Potter

1

20

System

'60

Switch

7%

10

prior preferred
Elec

'■

Jan

:—-—L—100
—_—-*■

England Tel & Tel—
100
Y New Haven & Hartford———100

Stone

210
165

11%

11

New
N

4

58

Nash-Kelvinator

England

100

618

14

100

common

preferred —2
Mergenthaler Linotype

New

4%
49%

14

5

RR

5%

National

4%
46%

25

—.

Theatre

Boston

5
25

Peabody Coal Co common

11 y4

'

1

-

9

Jan

Volume

Number 4777

169

COMMERCIAL

THE

&

FINANCIAL

OTHER STOCK
RANGE

Friday

Week's

Last

*

STOCKS-

:

Sale Price

Republic

:r.

Steel

Corp

common.

Rexail Drug Inc

Schenley
Soconv

Lew

1

Distillers

Vacuum

Standard

Oil of N

Standard

Steel

Inc

Co

43/4

24

43/4

J——

153/a

;

—25

-

Spring.;.

15%

1414

...1

Corp-common.

27 %

5'/4

Jan

30

1714

Jan

600

6614

Feb

73%

Jan

1414

Feb

1614

16 3/4

Jan

y

v

common

400

Feb

2114

Detroit Stock

1,900

9%

Feb

1114

:2%

400

1634

2%

Jan

2%

ll'/s

200

Jan

11%

11

Week'a

STOCKS—

Range

Sale Price

American

Laundry

of Prices

Shares

Sale Price

Range Since Jan. l'-'r

<■

C

N 0 &

T

&

gommon— -8.50

Elec

&

Cincinnati

Crosley

Tobacco

Altes

i52

14%

Feb

15%

Jan

American

—;

Warehouse

200

5

Feb

5

23%
7

Briggs

27%
90%

29%
90%

Jan

Feb

5%

Jan

7%

Jan

43

73%

Jan

76%

Jan

29

Feb

30

Jan

Jan

Metal

Feb

Manufacturing

*J)

76%
29

; :/

5

70

6%

6%,
14

18';"

15

225

15

10

}5

6%

167

18

26v

7%

Jan
Jan

14
"

18%

26

Feb

Feb

16

15

Jan

15

Jan

Jan

Jan

175

18

Feb

19

♦

Insulation

Gibson

50

23

Jan

26%

Art

Hobart

Mfg Co

Kahn

(El

57r

4614
common

Sons

Co

Little

Gtd

Miami

Magnavox Co

_

50

44

Jan

49%

Feb

19% Jan

21%

Jan

123/4

13%

50
210

12%

Feb

'i:

4714

»
_

__

__

_

175

21%

,v/

•

_

_

_

common

48%

21

47%

47%

230

47%

Jan

»

common

preferred

Kroger

4614

10

.

1

4414

47 %

95

95

95

Jan

15%

15%

60%

65

,

Jan

48%

Jan

95

30

411

Jan

95

Jan

17%

Jan

66%

Jan

16% Jan

Motors

&

•

Gamble

60%
'

Randall

class

0

B

8

...

Rapid

Electrotype
:
S Printing common

U

Unlisted
Allied

Tel

Chesapeake
Cities

Bros

7%

Jan

8%

Jan

11%

Feb

11%

Jan

80

37%

39

Jan

&

Detroit

&

&

Tel.

100

_

Ohio

145

.25

_

Gas

•

Curtiss-Wright

1

Columbia

Ale

Gar

Wood

Jan

Power

Federated
General

7

Light

Motors

National

Cash

Register..

358

24%

Jan

27%

Jan

Hurd

147%

127

143 %

Jan

150%

Jan

Kaiser-Frazer

32%

369

31%

Jan

34%

Jan

95

37%

Feb

46%

Jan

Kinsel

28%

50

26 %

Jan

28%

Jan

406

10%

Jan

11%

50

7%

Jan

8%

8 %

Packard

_

__

Standard

Timken
U

25

J)

(Ohio)

Roller

Westinghouse Electric

"

Akron Brass Mfg
American

&

.

.

Tel

Tel

&

City

Cliffs

Cleveland

$4.50

Iron

common

preferred

Cleveland

Jan

17

Jan

Feb

10

Jan

2574

261%

50

25%

Feb

31%

Jan

11%

12'/a

232

11%

Feb

Jan

4%

Jan

Jan
Jan

66

67%

195

66

Feb

74%

Jan

24 %

100

23%

Feb

26%

Jan

41%

41%

10

40%

Jan

42%

Jan

71%

73%

69

Jan

78

Jan

Cleveland Graphite Bronze
Consolidated

60'4

1,430

59%

Jan

6114

1

5%

4%

5%

950

4%

Feb

5%

1

53/4

53/4

5%

300

5%

Jan

6

Feb

2%

2%

2%

300

2%

Feb

2%

Jan

133/8

13%

13%

550

133/a

Feb

14

Jan

11%

11%

11 %

200

11%

Feb

11%

Jan

5%

5%

300

5%

Jan

5%

Jan

93/4

10 %

655

93/4

Feb

12'/8

Feb

3%

3%

200

3

Jan

314

Jan

6%

6%

705

6

Feb

8%

Jan

135

15

_

.2%
$

common.

1

_

_

5

.

1

__

..

-

...

575

100

147%

Jan

a3174 a32 %

Jan

3%

Wines
Screw

McAleer

common

Products

Mfg

.—

39

'13%

Oil

1

Murray Corporation
Stamping

75%

Electric

Erie Railroad

Glidden

Co

Goodrich

2%

common

'

Packard Motor Car common

•

3%

3%

(Un)

Parke

Davis

Parker

Rust-Proof

common

Peninsular Metal Products
Pfeiffer Brewing
Rickel
River

(H

W)

Raisin

0

0

Bros

A

_

Sheller

Die

Udylite Corporation
U

S

Investment

Radiator

Warner

common

1

...

Aircraft

Preferred

Industrial

Jan

Jan

150%

Jan

Interlake
Jones &

Kelley
Lamson

&

Lime

Sessions

American

Telephone
—

1

______-------

34%

—

Acme

National

Tile

&

Nestle Le

Mur

N

Y Central RR

Ohio

Oil

(Un)

Mfg

13%

Feb

16

Jan

1 320

74

Jan

76

Jan

Mining Co
Alleghany Corporation (Un)

39

Jan

42%

Jan

Allis-Chalmers

23

Feb

25%

Jan

American

:

(Un)

.1

41

Alaska Juneau Gold

Mfg

Co
Inc

Airlines

1

——

*

(Un)
(Un)

Feb

46

Jan

Feb

50%

Jan

32%

Jan

American

Smelting

40

86

Jan

94

Feb

American

Tel

12%

Feb

14%

Jan

American

Woolen

Copper

231

-

Armco
Armour

&

Steel

&

Tel

Ref

Co

Co

U

S

Oil

Steel

of

Ohio

Warren

common

—

(Un)_

19

Feb

21%

Jan

Atchison

56

Feb

62%

Jan

3%

41%

Feb

45%

Jan

Avco

130

11%

Feb

13,

20

160

19

Feb

20

Jan

2

Refining & Chemical

For

footnotes

see

page




23%

70

41

44

Baldwin

Jan

13%

Jan

Jan

14

200

23/4

Jan

2%

Jan

715

16%

Feb

18%

Jan

9

1,700

9%

Jan

8%

Feb

6%

390

63/a

Feb

614

Jan

4%

500

43/4

Feb

614

Jan

1

100

1

Feb

114

Jan

13/4

100

1%

Jan

1%

Jan

Exchange
Shares

Range Since Jan. 1

High

LotO

High

■

105% al05%

$600

a.*

a._

3%

3%

Jan

2%

2%

200

2%

Jan

2%

Jan

195

27 ya

Jan

283/4

Jan

Jan

8%

Jan

73/4

73/4

.

200

410

7

Jan

46

Jan

Baltimore

73

38

;

Jan

41%

Jan

Bandinl

75

12%

Feb

13%

Jan

Barker

a7%

1%

a8

45

8%

Jan

13%

13 3/8

425

13%

Feb

143/a

Jan

146

54

Feb

54

Feb

Jan

150

——;

147 147%

V
'

"

1,923

a34% a36%

145 7/8

59

Jan

83A

Jan

3 6'/a

Feb

37 3/a

572

32

Feb

35 %

Jan

25%

630

24%

Jan

27%

Jan

7

625

6%

Feb

7.3/4

Jan

32

32%

24%

5

6%

(Un) -100

—.

a90 a98 %

a 90%

25

Jan

165

a__

a—

-

33%

•

63%

33%

150

33%

Feb

6 3/8

6%

763

6%

Feb

7%

Jan

11%

•

3

(Un)

&

Ohio

Railroad

Petroleum
Bros

Works

(Un). —13
100

Co

11%

485

11%

Feb

11%

Jan

32

Jan

34%

Jan

29%

Jan

33%

Jan

Barnsdall Oil

11%

Jan

12%

Jan

Basin

10%

160

10%

Feb

11%

Jan

34

34%

552

34

Feb

35%

Jan

4%.

700

Feb

4%

Jan

19%

1

70c

Barnhart-Morrow Consol

75

400

34

t % 4%

1,218

4%

Co

Oil

Bendix

Co

(Un)

Aviation

_

a31%

5

.

19

19

200

—.

——

all% all%

6

Black Mammoth Cons Mng Co

Jan

Boeing Airplane Co

6

Jan

6%

Jan

Bolsa

102

10%

Feb

13%

Jan

Borden Company

75

26%

Feb

33%

Jan

Borg-Warner

130

16%

Jan

173/4

Jan

10

16%

19

Feb

a 6%

10% all%

Feb

4%

380

16%

19

Feb

4%

6

11%

Feb

14%

347

23%

Feb

27 3/8

39

Jan

1,702

39%

Jan

42%

Jan

23%

24 Va

Corp.

—

(Un)
Corp
(Un)
Broadway Dept Store

—

—

—

1

—

8

5

alO

932

5%

6%

75c

Jan
Jan

18%

Jan

31%

48%

585

9%

8%
a35

50

Jan

Jan

Feb

3c

Jan

3c

Jan

Feb

21%

Feb

Jan

10

Jan

8

►

63/4

Jan

Feb

40%

Feb

Feb

53%

Jan

9

Feb

10

Jan

8%

Feb

40 V4

348

a35

333/4

5%

1,667

8%

32%
a._

Feb

21%

105

46%

Jan

a__

3,195

9

46%

*

Jan

473/4

115

9

Jan

Jan

3,000

8

Jan

4%

Feb

2,568

3c

a20 a20%

10%
21

Feb

32%

27

31%

Feb

15

260

alO

31%

Feb

50c

365

3,910

a31% a32%

Feb

423/4

1,500

43

a39% a40%

..15

_

9
3

19%

46%

Jan

40 Y*

Oil

70c

16%

3c

5

Jan

24%

Chica

10c

—

(Un)

815

15

y

•

■

4%

4%

1,350

65c

15

33%

Corp

Bendix Home Appliances Inc.
Bethlehem Steel Corp (Un)

220

3%

193/4

423A

5

_

20c

_____

_

9

10

9

3

19%

1

Company

common

12

33%

a

Feb

3%

a49% a51%

/,

100

_

_

Locomotive

"y

California

1,117

23%

Feb

26%

Jan

Calumet Gold

60

40%

Feb

45%

Jan

Canadian

a71 % a73 '/a

443

69

Jan

78%

Jan

Case

1%

300

1%

Jan

a68 % a70%

145

67%

Feb

1%

1%
74

Pacific

(J I)

Ry Co

Company

Jan

Caterpillar

Jan

Certain-teed

Tractor

—

•

Corp commonl
Mines Company
_10c

Packing

a40 % a40%

a71%

—

42.

12 %

17

—10

Top & Santa Fe Ry
Co (Un)

% a39 3 8

24%

•

Youngstown Sheet & Tube

Jan

3%

a25%

——

Manufacturing Corp

al2% al2V4

a26% a28

s>
»

Feb
Jan

Jan

.a 39

——

—.

10

'

10%

100

2%

Feb

4

614

a25% a25%

21/4

,

*

Atlantic Refining

6

19

•

common-

14

1,860

'

■

a

(Un) —30

Co

(Un).

10%

:

—

(Un)

12

Low

•

(Un)

Mining

(111)

50

12

(Un)

Co

Corp, (Un)

Co

&

193

39%
Standard

20 %

Feb
Feb

'

19%

34
•

*

Thompson Products Inc common.

Jan

3%
6

Sales

American Power & Light Co (UnI.¬
American Radiator & St San
(Un)„•

Feb

Feb

11%

*

(Un)

183/4

100

for Week

1

29

v

Jan

a29% a30 %

——

~

100

Range

10

46%

136

62%

34

——

Pennsylvania RR (Un)
Radio Corp of America
Republic Steel (Un)

Jan

of Prices

1957

100

a6%

.

—

Jan

3%

Stocks—

40

class A.—

_

Feb

26%

Feb

Week's

Blue Diamond Corp
_1

National

27

Feb

23/4

Jan
Jan

Jan

44
•

*

4

Jan

25%

Telegraph-

&

29 %

Feb

10

_.

24%

Jan

l3/4

1

,

Jan

19

«

Metropolitan Paving Brick—

Jan

1,160

8%

Par

57%

*

Medusa Portland Cement

414

1

1

Jan

11%

__

Trans.

Feb

43/4

'

Bonds—

36%

19

*

(Un)

&

12%

19 y4

—-

Steamship

3%

IiMt

a42 % a42 %

i>

Laughlin Steel

Island

Jan

Sale Price

215

'

•

-1

(Un)

Iron

2%

13

6%
W'

Friday

487

50

(Un)

Rayon

Interlake

8%

1

common

Feb

3%

16%

—4

common

Products

16%

1

common

common

common

2%

6%

23/4

.5

common

Feb

•

100

19

14

—-

1

common.....

12%

3%
113/a

Jan

1%

Feb

6

113/4

.
'

1,500

3

19

—

6

10

„

Axle

—

5

25%

23/4

19

—2
-

_

&

Timken-Detroit

Union

♦

common

Manufacturing

Superior Tool

a37%

—

"I

5

_

Jan

16

95c

900 ;

26 3/4

25%

23/4

1

_

common

_

25%

..2%

_

com

Paper

a57% a57%

—

...

Greif Bros Cooperage

Jan

1,502

4

*

a59% a60%

—

»

0

B F

94

a37

10

(Un)_.

94

12%

—

commcn

Jan

Feb

2,825

2%

25

187

41%
a47%

a29'/4 a29 %

*

Goodyear T & R common
Halle

a47 i

—.■

*

(Un)

Motors

95c

2%

125

.

23

41%
'

_

(Un).

General Electric

'General

—

.*

•

15

*.

Controller

/

2

._

__

31 Va

2.009

40% a40%
23

.-M'

-

...2

.

95c

10

common

15

14%

.»

.15

.

1%

.1

common

McClanahan
National

common.

Feb

16%

143

115

15

15

1

High

Jan

3%
f

—

Los Angeles Stock

16

156

a27 % a28%

1

.

.

Mfg

—

.1

_

_

Anaconda

Chemical

Dow

Eaton

9%

Range Since Jan. 1
Low

3%

a

.

*

common

Sales

Shares

16

146%

a

(Un).

Gas (Un)

Natural

..

59 %

for Week

High

;75
.

59%

common

Exchange

16

Feb

10

Jan

Feb

Range

Feb

6

3,500

100

3%

of Prices

Feb

8%

Feb

6

12%

8%

f Week's

6%

Feb

6

8%

6

12%

16%

26%

Jan

8%

6%

8%

6

Jan

25

Feb

514

100

614

8%

6,812

25

23%

3,830

6%

1
1

'IVb

129

8

Jan

Jan

8%

23%

Jan

20%

3

16%

23%

65c

Jan

Feb

16%

318

Jan

19%

2%

Jan

yy

50c

100

400

31%

21%

700

19

2%

34%

Jan

60c

2%

Feb

17%

Feb

Jan

Feb

25

Jan

114

25%

18 %

3

Jan

Jan

18%

Feb

19

19

1

new

Jan

2%

200

60c

1

common

_

2%

4%

1%

Feb

17%

2%

—

24

Feb

200

28%

Feb

—

24%

Jan

33/4

'

1%

31%

14

.•

1

450

Feb

23%

100

3%

'

.

corn-

Jan

100

3%

1%

25

—

Illumln

Electric

23%

24

.

1

122

•

23%

—.

24

Feb

Jan

31%

25

-

Fuel.

&

Ice

233A
24

Corp

2%s debentures
Chesapeake & Ohio RR—

Jan

1%

27%

a

Jan

914

Feb

25%

--

214

Feb

1%

30

3%

100

(Un)

Feb

8%

700

Jan

;

5

2%

890

%

Feb

50c

—

_

Body

300

8%

1

Feb

Low

:

Amer Coach

2%

8%

1%

Jan

Par

:

\

23/a

8%

22

2

Jan

Cleveland Stock

:

2%

common

common

Wayne Screw

..

Jan

LaSalle

62%

Last

20 Va

Jan

39%

Sale Price

5,527

Jan

71%

STOCKS—

21%

2%

Jan

Friday

21%

Jan

Feb

—

21%

2%

41%

*

12.50

Jan

400

23%

»

Bearing

Steel

S

Feb

5%

2%

57%

66

6

Jan

2%

36%

10

Jan

4%

1

120

-w

(N

Oil

53/4

Jan

252

*

Brands
Oil

Standard

250
675

10

common..

Scotten-Dillon

Standard

6

4%

1%

25%

15%

Jan

6

4%

814

26%

170

Jan

17%

Feb

40

15%

Feb

Feb

70

15%

16%

7%

6074

15%

100

1%

11%

15

Socony Vacuum Oil

16%

100

25%

__

16%

Jan
Jan

8

4,500

8%

*

Corp

3314

1%

16%

a

Oil

Pure

Radio

20%

Feb
Feb

73/4

25%

4

Feb

6%

1%

29%

4

19

32%

510

73/4

36%

33 %u

-

640

220

6%

1

25%

__50

..

.

-

19%
32%

6%

Foundry & Mach com
Lansing Stamping common.

59 %

a

Motor Car-

19

6%

4%

Lakey

11

Jan

32%

19

1

Car

Drug

57

1

Mfg common

King-Seeley

39%

<

31%

«

Pennsylvania RR
Pepsi-Cola

&

Feb

1

common

Motors

Motor

Lock

54%

5

common

Electric

25%

36%

__

Oil

395

214

com

Manufacturing

Hudson

59%

a

54%

1

Brewing common
Graham Paige common

Jan

30%

10

_

Jan

54'/a

*

Goebel

28%

25%

a

Jan

1%

common

Gerity-Michigan

Feb

29%

a

Electric

General

Ohio

&

Dept Stores

3114

Jan

1

Industries

Motors

Masco

Dayton

Feb

1

common

Finance

26%

8%

—

28

___l

Manufacturing

General

Hoskins

Jan

345
200

214

Brewing

Trailer

Gemmer

29

1%

common

Fruehauf

28

1

Frankenmuth

Friars

28

1%

Corp
Products

10%

10%

IOV2

20

Steel

3.7%

.

Feb

Navigation

Steel

28%

39
...

8%

Electromaster

31%

31%

0

& Fuel

250

common...

Detroit

45

-

9

Detroit Gray Iron common
Detroit-Michigan Stove common

26%

145

.

Jan

8%

1

Stores

Cleveland

24%

24%

Jan

6

Edison

Howell

10

214

Jan

*

common

Detroit

26%

Service

City Ice

38 %

Feb

5%

common

Houdaille-Hershey
*

„

Rolling Mill

American

25

11%

38

Feb

Stocks—

Stores

American

I__

60%

130

8

1114
*

1,055

23/a

320

common

Co

Drug

General

Procter

300

Jan

43%

20

—

50

..

_

13%
47%

'

44%

_

2%

5%

10

Power

Detroit
Formica

High

2%

Paper

Consumer's
Continental

Davidson

Low

5%

common

Chrysler Corp common
Consolidated

Range Since Jan. 1

High

—2

Products

Brown-McLaren

13

Low

Shares

1

Jan
Jan

862

182

7

29

..'.'..5

_

Eagle-Picher

Feb
J ap

7

Prices

1

common

Feb

Cunningham

.25

...

3

90%

614

21%

226yy

"

29%

9014

76

...

—

:

28%

-.50

..

7

614

\vYV'

Dixie Ice Cream.

Feb

22%

7

■

ft

»

Motors
Tissue

Crystal

Tel

25%

29

25

Bell

Sub

Jan

90 %

Cincinnati Street
Cine

22%

5>

21%
—m

Brewing

130

15

5

*

Electric

for Week

ef

Par
Allen

25 %

.

14%

*;

,

High

J.

common.j.'........

P

-

w

-r—-—

—

Gas

,

1

7„.

Champion Paper & Fibre
Churngold Corp;
v-Cincinnati

24

8

„—

Brummell,

24%

Low

High

Sales

Range

Last

STOCKS—

Exchange
Week's

Wlsj

for Week

•" Low

N

20

Mach

Baldwin

Beau

v

Par

-yy

WOedwari 2-5525

Detroit Slock

"

Z''1

y

DETROIT

Telephesss

Sale*

Last.

yv'y 'T-'

Exchange

Jan

Friday

+

York Curb

Chicago Stock Exchange

Building

Cincinnati Stock Exchange
-

Exchange

Feb

11 %

New

Exchange

Jan

23/a

Ford

Jan

10

11 %

.

New York Stock

•

1714

93/4'

r

—

—1

Corp

Wilson & Co

Members

Jan

Feb

1 --1200

■£:; 14%" 14%

Watling, Lerchen & Co.

Jan

67 %."<>*

•

11

Jan

Feb

2%

Sunray Oil Corp
United

Feb

43/4

15 34

:'

Studebaker

237/s

4,700

16

66 %

—-1

—

FEBRUARY

Hiah

300

1,200

.

47/a

2714

15

—

EXCHANGES

ENDED

Range Since Jan. 1
Low

-l3/4

Corp

Oil

for Week
Shares

,,,.

High '

23Va

.2%

(731)

Sales

Range
of Prices

Par

WEEK

FOR

CHRONICLE

_

Co

7c

Jan

12%

Feb

7c

7c

1,000

—25

-1—

12%

12%

381

a33

a33

a35

75

a—

50

a—

*

(Un)

Corp

_

_

1

—_

a53% a53 Va
11%

11%

425

Jan

a__

25

(Un)

(Un)

Products

a

9%

11%

7c

Jan

14%

Jan

a__
—

Feb

---

a—

13%

Jan

35

CHRONICLE

& FINANCIAL

COMMERCIAL

THE

(732)

36

Monday, February 14, 1949

OTHER STOCK EXCHANCES

Week's

Range

Chrysler

100

3%

Feb

3%

Feb

830

52%

Feb

56%

Jan

38%

39%

890

38%

Feb

45%

Jan

5 Va

38%

&

4%

414

300

4%

Feb

Jan

Texas Company

16%

16%

180

16%

Feb

19

Jan

Texas

18

18'/4

883

17%

Jan

19%

Jan

Textron

10%

212

10%

Feb

11%

Jan

al7

al7

70

16%

Jau

17

Feb

Tidewater Assoc Oil Co

a25% a26%

409

25%

Jan

26%

Jan

Transamerica

3%

5,325

Jan

3%

Jan

Transcontinental & Western Air

a26

Preferred

1.45

2,300

1.20

Feb

1.50

Jan

Tri-Continental

22%

605

22 Va

Jan

22%

Jan

Twentieth

7

7%

740

6%

Jan

7%

17%

550

17 Va

Jan

17%

Jan

a9

142

9%

Jan

10%

Jan

Union

Oil

820

6%

Feb

8 Vfe

Jan

Union

47% a48 %

69

Jan

55 Va

9

150

9

Jan

a24'/8 a25Va

396

25

Jan

1

A*

55

RR

100

6%

Feb

7

Jan

United

States

7'A

Jan

9%

Feb

United

States

105

a49% a49%

v.

20

a__.
a—

-

a—

a-A

.10

20'A a20Ve

20'A

21%

Jan

Universal

—

Van

—.•

Jan

13%

1214

13

495

12%

Feb

11

1114

200

11

Feb

12%

21%

125

21%

Feb

21%

Rubber
Steel

Consol

de Kamp's

Corporation

Garrett

—

—

55c

10

10%

218

10

Feb

10%

930

37

Feb

39%

42

Jan

42%

al2

25

23%

*
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)
1
Great Northern Ry preferred (Un)—*
Greyhound Corp (Un)
3

a56

(Un)

McBean & Co
(B F) Co (Un)

Gladding
Goodrich

1%

310

7%

Feb

Hancock

Oil

Development Co

Holiy

Hupp Corporation
Illinois Central RR

(Un

Co

Oil Company

Jade

Kennecott

(Un).

(Un)_.

McNeil & Libby

Libby

;

;

Lincoln Petroleum

Co

Lockheed Aircraft

Corp

Jan

62%

11%

Jan

12 Vfe

Feb

25-

(Un)——.

Inc

Feb

3%

38%

185

38%

Feb

38%

Feb

10%

10%

Feb

11

Jan

American Tel

Central

New^York

a__

630
175

Corporation Ltd

•TNordon

45

*North'American

Pacific Ry

"Northern

Aircraft

Northrop

Oil

Oceanic

Gas

&

Jan

Curtis

11%

Jan

Delaware Power <fe Light com

a2

a2

7 VaC

7%

8%

Co

Radio Corp

Rexall

& Gas

1.05

1,000

1.00

29%

46%

115

46%

Feb

8%

9'A

619

«'/a

Jan

Power

Pennsylvania

Pennsylvania Salt Mfg

50 vb

Feb

56 %

40 Va

Feb

46%

Jan

394

23%

Feb

26 %

Jan

a

8Vi

a

RR

290

a

91

15%

'•

75

95c

Jan

"8%

Jan

Philco

Corp

Jan

1.45

Jan

Public

Service

100

El

Jan
Jan

Salt

Jan

290 Va

Jan

Feb

17 Vfe

Feb
Jan

85c

Feb

a—

___

Oil

Dome

Sun

17%

Paper

Company
Union Oil Corp

Jan

Feb

1.90

Jan

Westmoreland

415

52",4

Feb

55%

1.70

100

1.70

Jan

1.80

14

410

14%

20

Feb

a__

165

18

18%

17 Va

210

16 %

Jan

17 Va

15

15

285

7%

7%

1,575

25c

7%

1

30c

1,800

15

Feb

7%

17

11%

9,150

2.00

Feb

2.65

26%

Feb

32%

al9

50

al9

32%

32%

33%

19

Jan

19

2,405 >

30%

Jan

33%

33%

Feb

35 Vfe

30%

30%

100

30%

Feb

32%

27%

730

27%

Feb

28%

55%

200

51%

Jan

55 Vfe

51

51%

572

51

Feb

53 Vfe

Joy

3%

4

2,070

8 Va

615

a23 a23 Va

115

8%
f v'

,'

:

3%

Feb

8%

Jan

23%

Jan

4%

Nat

Pitts

Jan

Renner

Jan

24

Screw

Pittsburgh

Jan

9Va




•23%

Feb

144% 147%

2,073

143%

Jan

150%

Jan

11 Vs

62

11 Va

Feb

12%

Jan

110

-

8

114

114

Jan

106

Feb

'

63%

52%

45

63

Jan

65%

Jan

54%

63

550

51

Jan

57%

Jan

678

6%

Feb

7%

Jan

16%

Jan

18%

Jan

290

47 V.

Feb

51%

Jan

59%

58%

60%

2,997

57%

Jan

62%

Feb

16

16%

255

16

Feb

17%

Jan

10 Vfe

10%

310

10%

Feb

11%

Jan

418

Feb

5%

Jan

A

Jan

A

Jan

6'A

4%

4%:

60

A

A

105

iff

>

Feb

7%

7 Vfe

7%

2,011

6%

Jan

18 Va

17%

18%

1,130

17%

Jan

18%

Feb

16 Vfe

16

16%

5,155

16

Jan

17%

Jan

33%

35 Va

285

33 Vfe

Feb

36%

Jan

7

•

/

21%

22'A

7.383

20%

Jan

22%

Jan

24%

25%

474

23'A

Jan

25%

Feb

32%

3 5 Vfe

624

32 V2

Feb

40%

Jan

32 Vfe

Feb
Feb
Jan

8%

8%

75

8%

Feb

11

Jan

48%

48%

48%

119

46%

Jan

48%

Jan

52%

52

53

246

52

Feb

60 VB

Jan

2%

Feb

20 Va

—1

-

2%

—13 Va1

V

■

2%

1,000

2Va

18%

18%

Jan

19'A

786

18 Vfe

Feb

19%

Jan

20%

Feb

20%

Jan

35

Feb

37%

Jan

20%

20%

35

35

<

50

10

■■■■

San

8

Jan

49

Feb

53

Jan

Westingnouse

32%

573

32%

Feb

34

Jan

Westinghouse

26%

472

25 Va

Feb

31%

e

12

1,076

11%

Feb

>■

.

Low

for Week
•

Shares

Range Since Jan.

1

High

Low

High

Jan

23%

23%

25

190

23%

Feb

26%

12%

12%

13%

377

12%

Feb

14%

Jan

11

434

10%

Jan

11%

Jan

10%

10%

11111

2

2

320

5

9

9'A

347

21'A

21'A x22%

270

36%

35%

37

292

35%

Feb

39%

Jan

22%

23 VB

293

21%

Jan

24

Jan

18%

Corp

19'A

331

18%

Feb

23%

Jan

2%

»

-III

2

Feb

10

Jan

Feb

23 VB

Jan

3lfe

500

Jan

3%

Feb

32%

256

28

Jan

32%

Feb

30%

30%

32%

190

30%

Feb

35 Vb

Jan

8 VB

7%

8Va

200

7%

Feb

8%

3%

3%

300

3 Vfe

Feb

3 Va

3>A

—

—

<•

10
«

Corp

Foundry

Feb
Feb

21'A

32%

5

pfd

2

9

,■

com—

—

.

60c

—

60c

100

50c

8c

3,200

7c

Jan

5V«

Jan
Feb

60c

Jan

7c

—

_

...

Jan

.-<•

Jan

§c

Jan

Jan

11%

Sales

'

Rknge
ofTTices

*Par

•

$3.50

Mining.

Toy

200
240

^Week's

'

Last
Sale Price

Co

_

682

16%

Feb

17%

Jan

United

Jan

9%

14

States

_

_

Glass

Air

com

t

v

_•

-TalftO

Corp

8

250

22

4,540

2%

214

100

2%

24%

23%

24%

812

23%

Feb

27%

4%

4%

115

4%

Jan

5%

Jan

Feb

8%

Feb

25%

Jan

3

Jan

Jan
Jan

256

4%

Jan

5

Jan

70c

2,900

67 %c

Feb

70c

Jan

3,549

25'

Jan

30%

Jan

American

Invest

Feb

6%

Jan

American

Tel

27%

a

—

18

6

-

a

•-

2,300

'A

Bank Bldg

18%

65

a71fe

20

a26% a26%

185

a7%

5%
17 y8

Jan

8%

27%.

Exchange
Sales
for Week

Jan

'

Jan

8%

Jan

»

Burkart

Mfg

Jan

27%

Jan

Falstaff

Brew

Shoe

16%
146 Va

.3

1

common

16%

Jan

17%

Jan

General

Electric

869

36 Vfe

Feb

39%

Jan

General

Motors

46

47 Vfe

95

46

Feb

50%

Feb

General

Shoe

31 Vfe

31 Vfe

158

31 VB

Feb

38%

Jan

Griesedieck-Western

21%

22

690

20%

Feb

24 Vfe

Jan

Hydraulic

20c

22c

6,800

20c

Feb

28c

Jan

Preferred

International

•

(Un)

common

10

(Un)

common

6

Brew

common...11

Brick

10,955

19%

Feb

23%

Jan

1,911

15%

Feb

17 VB

Jan

com —25

30%

30%

30%

1,932

29%

Jan

30%

28

404

27%

Feb

28%

Jan

Knapp-Monarch

28%

30%

17

18

24%* 24%

24%

16Vfe

290

143

665

17

Jan

"*520

9 Vfe

Jan

66

30%

Jan

"

150%

Jan

Feb

Jan

'4-49% Jan
.

"31%

Jan

%83A Jan

160

17

Jan

345

24%

Jan

25 Vb

Jan

35 Va

35%

36%

116

37%

Feb

40Vfe

Jan

59'A*

58%

61

432

57%

Jan

62%

Feb

25%

26 Vfe

145

25%

Feb

28 Vs

Jan

20%

22'A

1,296

19Vfe

Jan

22 V4

Feb

58

1%

Jan

2'A

Jan

22 V4

2

'

2 *

2

23%

42

41'A

42

—1*

10

1

Feb

Jan

44 Va

Jan

9%

Jan

10

8

Jan

13

10O

8

24

40%

340

10

Jan

Jan

21

50

23%

155

Jan

27%

9

High

Low

23%

—50

15%

17

30%

.1

common

Pressed

9

9

—1

common

1,247

16%

Range Since Jan. 1

Shares

High

145 Vfe 147%

.15

common

17%

,

Low

—100

37 Vfe

20c

Jan

Range

common.A_.-_i:—__i.il

17

21%

Jan

26%

of Prices

Par

.

& Eqpt common—

19%

Brown

"

& Tel (Un).

36%
.r"47

"34%

Feb"

Last

4%

5%

Feb-

22%

Sale Price

STOCKS—

4%
25%

Feb

30%

427

.

Week's

Friday

67 Vac

■'

24

22%

22%

5%

809

200

5%
32 VB

St. Louis Stock

Jan

8

30%

Jan

8

20%

20%

5%
30%

1

c

Brake

Electric

20%

19 Vfe

■

25

A. __25

34%

__*

class

41 %

(U111

a
—

•

(Un)

common

29%

Jan

Laclede-Christy

Jan

29

Jan

Laclede

Gas

753

24%

25%

Feb

Laclede

Steel

460

34%

Feb

35%

Jan

McQuay-Norrls
Midwest

Missouri Portland Cement

43%

2,772

41

Vfe

Feb

49%

Jan

37 Vfe

365

36%

Feb

37 Vfe

Feb

18 Vfe al8%

28

17%

Jan

21%

Jan

North

American

com

4,317

56%

Feb

67%

Jan

St

37 Vfe

282

37%

Feb

40

Jan

Sears

718

66%

Feb

72%

Jan

Sterling Aluminum

15

13%

Feb

14

Jam

16%

Feb

r~l-

21%

Jan

16%

a

12%

16%

a

12%
'

17

<•

-•

*•

&

class

32%

Feb

34

Jan

16%

16%

16%

80

16%

Feb

17%

Jan

20%

20%

100

20%

Feb

21%

Feb

17

17

129

16

Jan

17

Jan

70

15%

Jan

17

5%

17
5VB

17

5%

1,050

4%

Jan

5%

Jan

35'A

35'A

37%

210

35%

Feb

39%

Jan

20%'

10

A

50

1*

common

.

:

^5

.15

5

-

Jan

6Vb

Feb

Feb

13*/s

Feb

15

Jan

13%

13%

13%

380

13

Jan

13%

Feb

41

41

44 Vfe

340

41

Feb

46

Jan

13 Vb

...1

_<

—

(

110

,

Co (Un)

Vplle!* common
Wagner Electric common

42.

32%

13 Vfe

25

(Un)..

Public Service

Roebuck

2,530

32%

common.—*

^iY-TRi^r

646

__

66%

66%

__

»

Louis

Feb

30

6 Vfe

32 Va

10

—

& Supply

60 Vfe

13%

13%

5%

20

common

37%

Jan

"5%

_5

.

common.

Piping

8

Feb

8%

.4

common

common

56%

.25
..

common

Jan

56%

*

(Un)

Johnson-S & Shinkle

__

-

—

(Un)

a

•

common

Jan

36%

a

Shoe

28

41%

_

_

Calif

page

Jan

0

_

.

a48

17%

Company

see

21V4

23%

Electric

Steel

Co

161a

8

(Ind) i(Un)__—

For footnotes,

661

Feb

—

Bolt

&

a8l4

21%

'

High

Low

20%

Pittsburgh Plate Glass

25%

a26%

Range Since Jan. 1

Shares

762

Steel—

Brewing

32%

26%

4%c Jan

23%

_

15%

Inc-(Un)

Studebaker Corporation

-

Jan

21%

Fireproofing Corp.

Pittsburgh

16%

67 %c

3c

High

22%

Supply

19%

Southern Railway Company

Webster Inc

Jan

Feb

46
»

20 Va

■

&

Fuel

a8 'A

34%

Stone &

47%

1,000

1,167

-50

Gas

Star

a44V»

a44%

34%

Standard Oil Co (N J)

444

3c

28

Commercial

15%

preferred

of

46

20

Manufacturing

Lone

Jan

4.32%

Co

46

—

6lfe

*

Gas

Mountain

Feb

701

Oil

Jan

21%

Harbison Walker Refractories com

Jan

55%

1,147

Standard

Jan

7%

a

Jan

Co

Continental

Jan

27%

29

Standard Oil Co

26%

Feb

10

Ludlum

Columbia

Jan

33%

25%

Brands

Feb

6%

a

Jan

.

Blaw-Knox

Feb

194

33

3314

28%

Standard

22%

85

26%

v

/

Allegheny

Jan

28%

Pacific

69

695

a6%

20

•

Jan

25 VB

Southern

Feb

23%

Friday

Jan

405

1

-

pfd

Jan

18%

STOCKS—

Jan

2.15

28%

6%

Jan

6%

754

Coal

'

"

Jan

33c

26 %

28%

Co

•10%

Feb

347

Jan

Feb
Feb

25c

2.00

2.00

28%

Gas

Feb

5 Vfe

21%

•.

25

Calif

9%

123

Pittsburgh Stock Exchange

Feb

25

So

891

5%

27%

Jan

17Va

—

-

10%

20%

a__

Jan

-10

—25
—

preferred
preferred

9%

21%

Inc

Jan

4.48%

4.56

11

Jan

13Va

a6%

1ft

_

Feb

Jan

2%

Feb

11%

Corp

preferred

11

Jan

1%
1.30

Feb

—1

Socony-Vacuum Oil Co Inc
Southern Calif Edison Co Ltd
4.88%

165

Feb

27%

Corp

(Un)— —15

Oil

Jan

J

1,300

9 Va

•

41

com

Improvement

13 Va

1

Feb

48 Vfe

Gas

8,650

al7% al7%

_*

35

47'/a

Corp

1%

460

Signal Oil & Qas Co new class A.
Signal Petroleum Co of Cal
—

2,135

47%

United

a6%

__30

Feb

38
11

18

•

1.60

4,600

—

77%

63%

common

1.70

•

Security

39%

Jan

110

Co

Oil

53%

1%

1

Feb

69%

11 Vfe

United

1.05
a__

9%

—

39 Va

25%

Reading Co common

Westmoreland

*

Co

Finance

385

1,394

common

preference

18%

1.30

.

Jan

39Vfe

Low

.3

Gas

14%

9%

Roebuck & Co

Sinclair

&

Jan

52%

17%

com

common

div

$1.40

Jan

290

1,300

85c

5

2%

Sales

Philadelphia Electric common..
$1 dlv preference common

14%

255

a32 a33Vfe

33%

1.75

Jan

for Week

Jan

.

2%

*
50
10

-

16 %

55.

16%
14%

1414

;

8

2,000

16%

Feb

1.20

385

1.25

Jan

5%

Jan

—

264

Jan

1,251

15c

Scott

.

2%

Jan

1

Jan

1.089

8

5

Jan

Range

——*

Corp

Jan

24

1.25

5214

Light

9

42 %

2.50

Stores Inc
St Regis Paper Co
(Un)
Schenley Industries Inc

12 Ve

50

&

15c

2,907

13 Vfe

Safeway

Shell

Pennsylvania Power & Light

1,000

1.25

Richfield Oil Corp common—

Feb

5

Pennroad

23%

1

11 Vfe

10

Navigation

Feb

6%

10
25

Ryah Aeronautical Company

Seaboard

&

Feb

40 V8

al6%

Brothers

Coal

National

20c

Co

Feb

138

6 Vfe

Lehigh Valley RR

Feb

Company—

23

10

Jan

allc

40 y«

(Un)—
*
(Un)—_1
1
50c
•

Feb

52 %

Corp

Jan

1.25
31

a46% a48%

a46%

Corp

22%

13 %

46%

Feb

6

■

260

Week's

*

;

10

Feb

220

'

Sears

Lehigh

Feb

Drug Inc
Oil

Glmbel

Jan

46%

*
*

of America

Ranch

Feb

10

allc

Petroleum Co common
Republic Pictures Corp (Un)_—
Republic Steel Corp (Un)—

Rice

7 Vic

Feb

10%

(Un)_—

Republic

Oil

Jan

7%

14c

(Un)

Radio-Keith-Orpheum

Reserve

2c

1.090

(Un)

Inc

Jan

1,500

25

Co

23
11%

*

Co

Battery

General Motors

27jm

29%

9%

Storage

Jan

29 Vfe

1.00

4614 '

Electrio

2%. Jan

Feb

29%

(Un)__2V2
.Paramount Pictures Inc (Un)„
-1
Pennsylvania RR Co (Un)
50
Pepsi-Cola
Co
(Un)
—_—33 %c
Phelps Dodge Corp (Un) —4
25
Oil

2 Vfe

61,000

4 Vac

American Airways Corp

Pure

50

14c

Calif

Jan

86

145%

Duquesne Brewing new common-

Motor Car

Pullman

a

50

——__
25
:
25
Company———10
Pacific Lighting Corp common
•

Pan

v

Jan

4%

11%

common

Jan

30 Vfe

of Prices

2Va

Chrysler Corp
Publishing

13

Jan

26 %

Elec

41%

Feb

—

50
—50

common

preferred

Feb

Indemnity

Packard

participating

Feb

14c

1st

Pacific

6%

Jan

10%

preferred
5 % % preferred
5%
red preferred
6%

Securities Corp

Bankers

Jan

9%

3

7%

1

Pacific Finance Corp of
Pacific

118

Jan

10

290

Co

37

Feb

13

10

(Un)

Ohio Oil Co

Jan

Jan

Feb

22%

Works

10

6%c

—1

—

7%

20%

22%
a6%

100

Tel

&

Locomotive

320

al5

Corp——.

Jan

Jan

al4% al5Vfe

•

4,820

.100

(Un)

Co

Inc.

Petroleum

Occidental

Feb

9%

1

..

6%

20'A

.

Par

Jan

a9

1014

(Un)—

Co

25
80

Sale Price

3 Va

290

(Un),

Jan

5'A

„

STOCKS—

Jan

__1

Inc

10

10%

-II

—

12%

82:%

■

22%

a~

—

100

a24% a25%

a

11% Jan

75

Jan

25%

10c

a2

(Un).

RR

<North^American Aviation

*

105

9%

3

Corp (Un)—-—— —5
1
City Lines Inc—
Distillers Prod Corp (Un).

National

Jan

11

__

♦
1

,

a9

Nash-Kelvinator
National

11%

3c

•

;

(Un)

10

♦

(Un).

Jan

450

5'A

(Un)
Inc

a9

-_1

Merchants

10

350

35

10%

American Stores

695

1

Manufacturing Co—
Petroleum
Co
1

Menasco

Montgomery Ward & Co Inc
Mt Diablo Oil Mining & Dev

Jan

8,468

Last

2'A

1

McKesson & Robibns

25%

4,869

Friday

512

100

a

Feb

Philadelphia Slock Exchange

2%

9%

18

21%

37

—

Feb

57%

Feb

al5

—

1,157-

71 Vr 72 Vfe

5

(Un)

Feb

23%

42%

14%

Magnavox Co (Un)
Mascot Oil Company

(Un)

Co

Feb

75

2,572
;

20

1

Investment CO—

Los Angeles

W)

136

--*
100

(Un)————

Inc

Loew's

—

Co

Mining Co

42%

10%

1
*
5
1
7
10c
1

—

Corp

Copper

County Land Co
Lane-Wells Company 1
Kern

(F

Gold

38%

10c

——

Corp

Kaiser-Frazer

15%

39Vfe

__

>_1

—

Motors

a56a57Vfe

38%

Imperial Develop Co Ltd
25c
Independent Exploration Co——33V3C
Intercoast Petroleum Corp
10
International Nickel Co of Can (Un)_*
International Paper Co (Un)
15
International
Tel
&•; Tel
(Un)——*

Jan

83

—__,10 ■'* /•

Inc

Tel

2%

*
6.66%
1
100

Hunt Foods Inc

Lines

42%

X

Car Co

Hudson Motor

Jan

15%

10

2%

•

Bakeries—^L__*

'

•
5

class A common

Co

Jan

11

<

•

Jan

400

6014

60

Jan

305

Baldwin

Hilton Hotels Corp

61

Feb

27 Vfe

__

—10

(Un)

Co

Jan

24%

common

Feb

10

Jan

135

al2

Corp

General Public Util Corp

Jan

Feb

59%

170

Jan

37

2314

Motors

(Un)

Zenda

37

al2

General

(Uni

Co
Corp

Union

Woolworth

a39% a41%

10

10
5

Foods

Oil

(H D)

Willys-Overland

Jan

22,830

Co

Corp

Westinghouse Elec Corp

Jan

39

4 Vfe

a39%

Electric

General

65c

Jan

307

1%

*
*

General

55c

1,300

306

306
life

1
2

Radio Corp..

&

55c

BR—100

Merchants Nat'l

Jan

Air

Western

Feb

Tele

54%

49

234

22%
11%

J

Warner Bros Pictures Inc (Un)—

Jan

21%

and

Feb

651
,

Jan

37

„

5
__1Q

,

(Un)

4,035

4

Farmers

Jan

30

28%

25%

37

Corp

9'A

Electric Bond & Share Co.

Farnsworth

Jan

19%

125

a6% a6%
al9% al9%

26 Vs

50

United

(Un
5
Electric Power & Light Corp (Un)—*
Exeter Oil Co Ltd class A
1

Corp

Products

11%

Feb

82%

(Un)__♦

Jan

27

—

—

(Un)

Co

Jan

9%

Western

Electrical

allVe

—

*

(Un)

United Aircraft Corp (Un)___
United Air Lines Inc (Un)

6%.

a

10
al4%
22%
10Vfe
all'/a

HW
J

Feb

18

""

Jan

a21% a21%

50c

10 %

common—23

California

of

8%

a49%

al4%
21%
10

—

___1.1

Film

Union Carbide & Carbon Corp

6%

"
9
a211«

10

21 %

—5

(Un)

Corp

Pacific

9

a24!4

(Un)—

Century-Fox

614

a

—

9%

150.

Jan

6 %

61a

il

-

Corporation

1.20

—

50c
.•*'■.'
10
2

—

—

22%

a47%

(Un)

common

a8%

1

Douglas Aircraft Co Inc
Dresser, Industries Inc

3

Inc

17%

Mng——1
(Un)-*
1
Consolidated Liquidating Corp
•
Consolidated Vultee Aircraft (Un)—1
Continental Motors Corp (Un)
1
Continental Oil Co (Del) (Un)—
5
Creameries of America Inc
—1
Crown Zellerbach Corp (Un.i
5
Curtis Publishing Company
*
Class A

3'/,

314
1.45
2214
7

.

(Un)
Sulphur Co

Gulf

2,197

18
a29%
49
59%

—

a29%
49

Range Since Jan. 1
Low

10
18
a29%
49Vfe
59%

9lfe

10

25
25
-*

(Un)

Co

&

10%

& Sav

—_

Swift

18

Consolidated Engineering Corp

Curtiss-Wright. Corp (Un)

preferred "B"_

4 Vfe %

Shares

High

Low

1
-25

Sunray Oil Corp common-

4'/a

*

Chollar Gould

for Week

Par

»

.

?—

Corp—

Iron

_-

Consolidated Edison Co of N Y

.

r

3%

1
*
20
Columbia Gas System Inc (Un)
.*
Commercial Solvents Corp (Un)
*
Commonwealth Edison Co (Un)
25
Commonwealth <fe Sou Corp (Un)—*
Cons

.

54%

10

.

High

Low

3 %

(Un):

Company

Fuel

Preferred

High

STOCKS—

52%

Clary Multiplier Corp
Colorado

Range Since Jan. 1

2.50

Corp

Service

Salei

Range
of Prices

Friday

Shares

1

Cessna Aircraft Company—

Cities

Low

Par

-

»

Week's

Last

Sale Price

for Week

of Prices

.

STOCKS—

J1

Sales

Last

Sale Price

Friday
•

FEBRUARY

WEEK ENDED

RANGE FOR

13 Vfe

100

Volume

169

Number 4777

THE

COMMERCIAL

&

FINANCIAL

OTHER STOCK
RANGE

San Francisco Stock
Last

Range

Par

Air

Reduction

Co

Alleghany Corp

(Un)
(Un)
(Un)

Tel

Viscose.

&

Tel

Co

Anaconda

Copper

Mindanao

20%

Feb

20%

Feb

Gas

2o0

2%

Feb

2%

&

Co

(111)

5057

7

Jan

8%

Jan

&

M

Top

Pe

(Un)
I

300

7%

Feb

8%

Jan

Nash-Kelvinator

475

13'%

Feb

14%

Jan

National

53%

Jan

53%
149%

Jan

National

%

214

59%

Feb

61 Va

Jan

National

357

37

Jan

Diesel

Corp

-

Engine

-

32%

35%

Feb

32%

Feb

34%

Jan

30%

Jan

-6 %

650

a6%

Feb

2.10

Jan
Jan

7

150

a89% a98V8

200

a20'/Ba20%

2

i

5

5%

6%6%

6%

•

32 '■

4,300

22c

Jan

35c

20

20

2,650

20c

Jan

22c

Jan

54

■■v260

52%

Jan

54

Feb

Co

10

(Un)_

20

20

20%

5

14

1

9%

Locomotive

Baltimore &
Bank

of

California

Barnsdall
Eendix

(Un)

Ohio RR

Oil

Co

Aviation

Bendix

Home

_2_13

(Un)„

N

Corp

all-

all

100

_

300

City

Lines

1

Distillers

Central

Y

N

RR

Jan

6%

Jan

North

Prod

(Un)_.

(Un

-

American

Feb

7%

Jan

North American

102

Jan

a

___

4%

Jan

102
.1

a__

Jan

6%

Feb

*

6%

17%

17%

17 34

*

i___I

Aviation
Co

(Un)

10%

9%

—

'

*

.

100

•v;

Jan

North American

Jail

V5%
7%

J,:

1

43%

'

10%
295%
43%

•33

9%

*

30%

31%

11%

12%

1,460

2.30

33

205

Jan ■'

Feb

Northern

•

32%

Steel

(Un)

Bishop Oil Co.

2

Blair Holdings Corp
Boeing Airplane Co

(Un)

1

;

(Un)

2.35

9%

Ry

355

(Un)

15

3G7/a

,

Bunker

Hill

&

Sullivan

Byron Jackson

(Un)___
-

19%

.

•'

*

a 24

10%

Jan

10%

Jan

450

11%

Feb

12%

Jan

470

11

Jan

9%
a-_

2

81

10

81

Feb

82%

Jan

75

55

74

Feb

76

Feb

41%

45%

1,445

41%

Feb

60

Jan

15%

41

California

Cotton Mills

%

15%

-- ••--50

15%

Feb

/ 157/a

10%

Feb

.

Co

9%

Feb

33%

Canadian

Pacific

Ry

Eureka

14%

Jan

Pacific Clay

2.60

Jan

Pacific

22%

Mining

Feb

40%

Feb

6% 1

50'/a

Jan

5%%
5%

1st

Class

Columbia

Gas

Commercial

Jan

25%

Jan

5%

7

Jan

Jan

Pacific

Light

7

7%

515

8

6

Jan

Jan

Pacific

Portland

7

Jan

Jan

Pacific

Public

20

Feb

20

Feb

1st

32

Feb

36 %

52%

Feb

54

Jan

12%

Feb

14%

Jan

Packard

55 Va

Jan

55 Va

Jan

Pan

25%

27%

820

25%

Feb

30%

Jan

Paraffine

Feb

100

95c

1.25

12,635

a31% a32 %

355

a6%

a30 %

a6%

95c

System

Commonwealth

&

Pacific

Tel

Companies

Paramount
Park

Cons

Natural

Gas

Consolidated

271

30'/a

Jan

32%

Jan

1,125

52%

Feb

"57%

44%

Jan

Pictures

Cons

'

Continental

Motors

Continental Oil

: 400
40

a

18%

a

18%

go

Pullman

Inc

a

10%

a

10%

25

10%

Jan

11%

Jan

Pure

Co

al7% al7%

18%

10%

50

17

Jan

17

Jan

Radio

Creameries
Crown

of

Y

r

Feb

19
22 %

Jan

YY

a—'

Zellerbach

3'/4

1,500

2%

Jan

3%

Jan

26%

280

25%

Jan

26%

Jan

39

43

921

39

Feb

44%

Jan

23

23

22

Jan

23

Jan

43%

Jan

40

15

Corp

»

.

■

.

,

'

'

8%

160

a6%

50
6

8%

5

common

9%

24%

24%

25%

95 %

*

Oil

"Y

■

,

Giorgio Fruit

Corp

'

Class

B

cl

Corp

Republic

8%

Feb

7%

Jan

a__

Dow

Chemical

Eastman
El

Kodak

Dorado

Electric

Co

of

Co

Oil

Co

Bond

N

J

10%

Jan

,

Co

Jan

Reynolds Tobacco

9%

Jan

Richfield

Oil

27%

Jan

Riverside

97

Jan

25

7%

Jan

Jan

7%

A 73

Jan

Feb

S &

29'A

Jan

27%

5 830

27%

Feb

28%

Jan

51%

790

50%

Feb

54

Jan

58

Jan

55

323

50

Feb

16%

1,482

15%

Feb

16%

Jan

24%

269

24'/a

Feb

25

Jan

92

146

Jan

95%

Feb

89

4

745

3%

Feb"

4'A

8%

120

8%

Jan

9%

17%

1,434

16%

Feb

20

24 V8

Jan

24Va

8%

a

•

)

680

2

16%

16%

83a

-_Y

a44V8

83a

23%

Jan

Jan

Jan
Feb

Jan

2%

Jan

16%

Jan

17%

Jan

8%

Jan

9%

Jan

8'A

Jan

49%

Feb

410

2

'444

'

275

a44 Va a47%

118

52'A

1834

4

366

5 2'A

Feb

56%

Jan

770

*

52 >A

17%

--

17%

17%

Feb

21%

Jan

•

(Un)

11 %

32%

Jan

34%

Jan

26%

750

25%

Feb

31

Jan

11%

—

10

25!,a

*

(Un)

_

1

_

12

2,062

11%

Feb

14%

Jan

8
.-

8

>1

263

27

501

32%

33%
22

W-i' ''

33

190

54

27

——

8

5 3 V4

22

100

1

(Un)

y 324

9%

419

Y

5%

510

Y

,1,456

47'

42%

42%;

12

12

'

33

7

12

%'

Feb

15'

.

v

Jan

Feb

28 Va

Jan

Feb

34%

Feb

100

22

Feb

25

Jan
Jan

658

243a

661

24

Feb

263A

36%

203

35 Va

Jan

36%

Feb

187

18%

Jan

19%

Jan

_Y

(Un)__*

26

21%

21%
26 Va

10

Inc

27%

730

23

320

21'/a

Feb

26 Va

50

25%

Jan

-

12%

18'A

P10

12%

18%

19

25

595

6c

5

Mining

(Un)—

\

30 Va

Jan

25 Va

; 27

Jan

Jan

Jan

7c

34,000

220

6c

Jan

127/a

Jan

19 Va

Jan

Feb

11

16%
-

9c

Jan

Feb

___

'

Union

•

Oil

Y

:Y.

class

37%

A-r

—5

-

—

—

■

•

—5

Corp (Un)_,
Socony-Vacuum Oil (Un)
Soundview Pulp Co—

440

32%

1,020

22

650

3%

•.

Sinclair Oil

37%

31

21%

;

-15

-

3%

19%

19%

20%

:i5

15%

15%

23%

23%

Feb

39 Vb

Jan

Feb

38%

Jan

20%

Jan

24

Jan

130

25 %

3%

Feb

1,540

•

16

-.5

37%
31

19%

Feb

791

"

3%

Feb

23%

Jan

Jan

!

15%

Feb

17 Vb

23%

Feb

26%

Jan

420'

29%

Jan

30%

Jan

2,058

,

Jan

7%

1®
18

Foods Inc

Stores

Silver King Coalition

Jan

14%

::39

Feb

Feb

A

new

v

Jan

15

,27
32%

al7% al8%

•

class

Co

Sears, Roebuck & Co.

;

a—y
;

Corp

Maurico

Shell

Feb

1%

36

Jan

8%
57

24

1

Signal Oil & Gas Co

Jan

%

2,700
15

Co

I

Jan

14%

Y—
Feb

Jan

Jan

36%

10

;

Jan

47

Feb

33

„

24%

7%
50

.

Jan

6

28%

Feb

a—

50

1,035.

Jan

6

Jan

Feb

.42%

..

1,150

yy

33%

Feb

5

47

396

...

9%

12 %

Feb

26%

345

7

12%

all % all %

33%

j

9%

27%

47

*

,i

5

•

•

(Un)

1

W Fine

Safeway

Jan

75

San

9%

»

9%

20

A

,

Feb

Feb

Jan

9%

7% Jan

|.i

26%

.5

1

—

28

2

•

(Un)

Roos Bros

100

■■

•

Plantation .Co

360

33 Va

Jan

23 Va

——

•

*

cap—

"B"

Cement

Jan

5,283

9%

26%

•

__

(Un)

Jan,

28%.

1

Co

Republic Steel Corp

8%

Feb

75

10

Co

Jan

32%

30%

16%

25

8%

9%

15

(Un)

"

Share

&

Emporium Capwell
Eureka Corp Ltd
Ewa

of

Works

35%

Feb

a32% a32%

Petroleum

95

a6%

914

•

,

Feb

30 Va

89

25

America

24%

135

75

5

(Un)__

common

33%

647

a

(Un)

555

,

8%

9%

5

com

common

Doernbccher Mfg
Co
Domlnguez CHI Fields Co

2,078

a

___

.

A

6,533

33%

3%

50

Orpheum (Un)_
Ry Equipmt & Realty Ltd pfd
Rayonier Incorp common—-

'

Di

Feb
Jan

6

33 %

50

—

common

3,687

96.

a6%

1
2

■
■

8%

a6%

a6%

1

(Un)

.

Feb

15%

a8%

1

(Un)

(U11)

Rheem Manufacturing

Inc

Co

Abbey

1

a48% a48%

1

5

Publishing Co (Un)

Cypress

12%

Feb

5

30%

"

__1

;

319

"

a41% a41%

*

Curtiss-Wright

12%

Feb

42%

A.-*

(Un)

Corp

Jan

Jan

5

27%

*

Puget Sound Pulp & Timber

,;Y_w"'

a__

3%

Preferred
Curtis

933

Feb

Jan

Jan

26%

(Un)

Amer

120

51

m

Radio Keith

18

22 %

•

(Un)__*

Aircraft

12%

•

_

<Uni

Mines

Petroleum

18

18
a

a

(Del)

Co

4

100

(Un)

Phelps Dodge Corp (Un)

Jan

45

19% al9'/a

18

a

(Uni

(Un)

13%

12

Jan

167

*

Co of N Y
Co

Vultee

Feb"

202

Jan

33%

15%

Preferred

Consolidated Edison

33

176

32%

27%

.10

(Un;

Pennsylvania RR Co
Pepsi Cola Co (U11)

Utah

(Un)_.

common

Jan

a40

2Vie

class

Jan

24%

com

Jan

54%

*

Ind

Jan

30

50%

com

Co

Jan

25

Chemical

Jan

33c

120

4

28

common.

Airways

8%

52%

(Un)

Southern

Tel

&

Motor

American

1.80

a377/8

A—2'%

Edison

2.65

Feb
Feb

30Va'

—

34 %

52%

(Un)

Commonwealth

Cement

Jan

a38 %

20

cl

33%

.25

pfd

Service

Jan

10

—_

32%

.25

common

8%

32

126

a28% a31%

2.05

5%

.25

1st

preferred

7

1.05

Jan

Jan

7%
7%

171

a6%

Feb

14 *

23c

12

-25

Corp

397

32

y

307

"

preferred

500

4

-25

common

preferred

150

100 7

20

2.50

System

Solvents

Consolidated

25 %

700

a54

l

—

3,400

12%

preferred
preferred

81

77/a

a54

25

.

31c

—5

1st

12%

•

_

2.05

23c

.20

Aggregates

Electric

&

1st

Jan

Feb

Phillips

Iron

Broadcast

B

Gas

22

49%

12%

(Un)

Preferred (Un)
C'nrvsler Corp
Cities Service Co (Un)

Columbia

40%

a53%

Co__

com

150

2.05

Products

Coast

Feb

32
a54

—

-

12

(Un)

redeemable

:

19%

7

a__

Jan

Jan

a52%

(Un)

Ry

Chi Mil St Paul RR

Co

Jan

•

Co

Chesapeake & Ohio

Colorado Fuel &

Sugar

25

(Un)

Tractor

10%

1

(Un)

145

20

"W

50

Celanese Corp of" America
Central

Co

19%

7%

5

Feb

Jan

Oil

19%

a24 Vs a24 %

10%

Oliver United Filters class B

120

•
—

9%
a__

"!

.

a26% a28%

Ohio

49%

7%

Trading Corp com (Un)-*
California Packing Corp common
*

Caterpillar

%

10%

t

1

Jan

•

Feb

/

'

•

Pacific

Preferred

Co

_v_20

Petroleum

2.30

147

•

Feb

Feb

10%

50

1

Cement

Calif

Oil

Occidental

(Un)—
,Y

Jan

49%

«

Sugar

Calaveras

Co. Ltd

22%

3,764

a39% a39%

>39%

2'%

!

Co

1

Calamba

Sugar

34%

Feb

2.40

5

—

Jan

75

_100

'

Pac
Borden Co

Eorg-Warner Corp (Un)

Jan

6%

16%

75

^_1G

(Un)

43%

Feb

a20% a20%

5

18%

«

Cons

Oil

Pacific

Oceanic

,7 10% Jan
'

Jan

280

v,

Oahu

__1

Onomea

Bethlehem

6%

Feb
Jan

6%

goo

"

"

1,153

9%

'

a„'

Feb

200

5

:

w'

a_u-

51

310

43%

Feb

6%

--

81

a

100
f\

Jan
Jan

9%

10

100

5%% preferred

Jan

15%
11

11%

11%

1

(Un)

pfd

21%

Feb

17%

431 '
55

a6
10%' 10%

♦

common

Invest 6%

Jan

Feb

9%

150

a6.

"

•"•

575

A—33 "Ac

Appliances

14

460

6%

•

_1

Y--

(Un)

American

7

1,406

a8%

295%

——5

;

20

250
-

-

-y

all

a 8%

_100

A

(Un)

I

850

14

9%

'

Baldwin

High

29

,29

A

25

7

„3

Jan

1.60

Low

Jan

28%

563

30

a6%

__2,50

12%

400

___1

Linen Service Corp

'

*

(Un)

Feb

1.70

(Un)__

Natomas Company

59

32%

a90%

11%

Feb

Jan

a34% a36%

5

1,000

54

(Un)

Corp

143%

29%-'

_

11%

1.60

-P10

Fibres

Auto

24

59%

a36%

100

;

Range Since Jan. 1

High

11%

11%

Mines-

Montgomery Ward & Co

8

5

(Un)

Imperial
Mfg

Santa

&

Corp

Cons

1,790

20

(Un)

Corp A

Shares

Low

(Un)
__.l

Mother

M

&

13%

•

50

(Un)

for Week

of Prices

Feb

J

147 147%

•

Bank

Sale Price

Lode

M

North

Armour

Atlas

30

High

Co

a49%:a503/a

)

_14

(Un)

National

Natural

Atchison

(Avco

Navigation
Menasco Mfg Co

8 Va

13%

•

(Un;„

Mining

California

Arkansas

Atlas

Lav

20%

Matson

2'A

77/B

•

.100

(Un):

Sales

Range

Last

Nauonal

Corp

American: Woolen .Co

Anglo

a

-2V4
7%

•

(Un)

Week's

Friday

Morrison-Knudsen

American Power & Light

& Stan San (Un)
/American Smelting & Refining-(Un)

American

11

STOCKS—

Range Since Jan. 1

High

a20

—__i

,Amer Radiator

American

a20

;.

American Airlines Inc

.

Low

*

(Un)

FEBRUARY

Par

Shares

37

EXCHANGES

ENDED

for Week

of Prices

(733)

Sales

Sale Price

v

WEEK

Exchange

Week's

Friday
STOCKS—

FOR

'

CHRONICLE

;

\

Jan

•"

Jan

,

Southern Calif Edison Co com
4.32%

(Un)

"

•

30%

25%

I25

preferred

30 Vb

25% V

:

153

25 Va

Feb

25%

Feb

148

28

Jan

29%

Jan

150

34'/a

Feb

35%

'

4.48%

Farnsworth

Tele

Fibre

Products pr

Board

Food

&

Radio

l.

^

pfd

(Un)__100

Machinery & Chemical

1

General

4%

State Co

36%

Feb

105%

Jan

Southern

California Gas

,,532

24%

Jan

28%

Jan

Southern

Pacific

5%

Feb

6'/a

Jan

Sperry

Brands

105

60

5%

37%

•

;

Jan

41 %

Jan

41 %

Jan

Standard

Oil

Co

of

Calif

59%

60%

2,385

57%

Jan

62%

Feb

Standard

Oil

Co

of

N

13%

15%

906

13%

Feb

16%

23%

24%

571

23%

Feb

25

Feb

1,270

-a40% a41%

13%

•

191

36%

v

Feb

39%

Studebaker

common

11'%

1,477

10%

Feb

12%

Jan

60%

60%

20

59

Jan

61

Graham-Paige
North

Greyhound

Motors

Ry

(Un)

non-cum

42

42%

240

42

Feb

44

Jan

Honolulu
Hudson

Corp

:

Plantation

Motor

Car

Texas

_

Idaho

Maryland

450

170

10%

•585

10%

Feb

13

13%

688

12 %

Jan

13%

Feb

17%

651

17

Feb

18%

1

3

3 %

700

3

Feb

4 Va

Jan

United

52

52

Feb

66%

Jan

United

Jan

U S

~3
55

1

2.25

.

(Un)__l

2,166

2.25

550

10 %

279

9%

9%

196

-

210

56%

2.25

6.66%

Corp

2%

Feb

a__

Exploration

International

Nickel

of

2%

(Un)

Transamerica

11%

Jan

Union

Kaiser-Frazer
Kennecott
Kern

Corp

210

;

2.25

Copper

Feb

(Un)

County Land Company...

2.75

Oil

Union

Sugar

Magnavox
Marchant
Martin

For

footnotes

Co

see




42.

Jan

Jan

17

440

16%

Feb

20%

Jan

16% A

660

16%

Feb

15

22'A

10

10%.

16%

Feb
_—'

a

.

a__

Feb

54 %

Jan

21

Feb

25 %

Jan

10

Jan

11%

Jan

37%

Feb

41%

Jan

689

49

1,038

20,475

37%
26

—12%

12

Inc

876

26

27%

1,581

26

Feb

ijO

Jan

12

...

38

13%

460

12

Feb

13%

Jan

a22 % a23Va

10

11 "A

11

71

71

71

•

Feb

10%

Jan

Universal Consolidated Oil————10

Jan

2.20

Jan

Utah-Idaho

30

a

a—.

—

375

11 %

—•

9%

8 %

950

7%

Feb

10

Jan

330

29%

Feb

31%

•

10%

Jan

13 Va

Jan

698

69%

Jan

78V4

Jan

595

8%

Feb

a37% a38Va

70

38%

Jan

Sugar

Co

(Un)_:

35

Feb

41

35

?_

"■

.

37

481

2.25

2.25

505

8'A

8%

1,215

25

5

:■

'

25

21

2.25

Feb

Jan

2.65

Jan

9%

Jan

■■■•'VVV;,'Y

Jan

9%

6

*

a47%

5

6%

2,065

a46% a49%

527

40%

9%

Jan

Victor

Equipment

■

6

Feb

39%
9

Bros

Jan
Jan

Westates

49%

Feb

55%

Jan

Pictures

Preferred

(Un)

1,168

40

Feb

46 V4

8

Dept Stores

400

8

Jan

8%

Jan

Western

Pacific rr Co

16%

30

Jan

17'A

Jan

Western

Union

28

Jan

10%

Jan

10%

9%

10%

175

9%

Feb

273

272%

277

44

272%

Feb

(Un)—1

87c

85c

89c

2,707

85c

Feb

1.15

Jan

1

6 Va

6Va

6%

1,000

Jan

7%

Jan

14

15

6'/8

281

Jan

Jan

Western
a

40%

Feb

Feb

5

;

40

81/4
25

100

(Un)

Bank & U T
Petroleum common

8
--

8%

——1

Wells Fargo

16%

a

16%

al4%

14%

85

14%

Jan

14%

Jan

15 Va

15 Va

Westinghouse

15 Va

403

15%

Feb

18

Jan

23

2 3'/a

Willys-Overland

364

23

Feb

23%

Jan

Woohvorth

9%

9%

140

Feb

11

Jan

Yellow Cab

5

Co____

Waialua Agricultural Co———20

al4%

1

page

Jan

67%
72 %

10%

common—25

Corp common

1

Co

20 %

Feb

18

6,853

49%

(Un)———i-—5

Corp

Lines

Air

*

Calculating Machine

(Glenn L)

Calif

of

1.90

30%

1

(Un)

Jan

336

Feb

21

(Un)—■n--"

——-j.--

Aircraft

Steel

Carbon

112

7%

Lockheed

Inc

Co

&

2,610

8%

7

Loew's

Jan

Jan

29%

Libby McNeill & Libby
Aircraft Corp

Jan

27'A

56%

21'A

—-2

—

13

7%

1

Corp

49%

Feb

67

49

49'A

10

common

Feb

29%

*

Corp

Feb

26

791

,

,

a29% a29%

25

Oil

•10%

(Un)_*
•

(Un)

(Un)

Corp

Carbide

Warner

Johns-Manville

16%

10

68

16%

16%

18%
60%

67

57

25

Ass'd

Feb

—33 %c

Canada

International Tel & Tel

42

110

a—

,.j.-

Independent

Jan

1,529
,

Jan

13

Co

Mines

L__

1

Company
Water

2%

10%

Co_L.

18%

•

25
—1

Corp—_—

17

V

•

Hunt Foods Inc—

43

5634

•

:

(Un)

(Un)

Corp

Union
•

—,

Oil

J

(Un)1

-10%

•.10%

—L_

Pineapple Co Ltd__.
Development Co

Honolulu

(Un)__—,

Swift & Co

a38% a403'8

a38%

Hawaiian

Holly

2%

(Un)_»
3

Hale Bros Stores Inc

34%

a25Va a257/8

,

1

pfd

Corp

-Y

42

42

Jan

»

(Un)

"10%

100
Rubber

Tide
Great

Inc

Super Mold

Ltd

28 % a287/a

Jan

40%
59%

25

a

34 Va

•

1

23%

a

•

preferred

Goodyear Tire &

'

Standard

10
,

—

pfd ser A__25

Co

Corp

10%

;

common

Gladding McBean & Co—1
Golden

36%

;

—:— -25

preferred.

conv

Jan

300

25%!..

5%

•

(Un)

General Motors Corp
Paint Corp

General

5%

30,115

105

25%

•

.2%

(Un)

Corp

Food

Co

4;

105

10

Foster & Kleiser com—
General Electric

1%

l7/8

a

9%

Elec

(F
Co

Covp

Motors

W)

400

14

*

a23% a23%

40

a—

(Un)—,—*

al5Va al5Va

40

a

common.
common

Telegraph

50c

.

16
a—

Jan
—_

a—

Jan

23%

23%

23%

Feb

(Un)_—__—1

6%

6%

150

6%

Feb

,7%

—w—10

47

47

285

44%

Jan

47%

Jan

25

20

20

20

Jan

20%

Jan

(Un)

(Un)

preferred——

12%

,Y

•

—

240

Feb

26%

Jan

38

(734).

THE

COMMERCIAL

& FINANCIAL CHRONICLE

LISTED

CANADIAN
RANGE FOR

Montreal Stock

Monday, February 14, 1949

MARKETS

FEBRUARY' 11

WEEK ENDED

Friday

Exchange

Week'*

Sales

Last

Range

for Week

Sale Price
Par

Abltibl Power ft Paper common—
$1.50 preferred

*

19%

24

20

2,055

37%

20

24

24%

265

102

102

60

a9

*

a9

20

>

pfd.

20 %

Jan

37%

Jan

Jan

Jan

24%

Jan

Feb

102"%

Jan

8%

Jan

9

Jan

21%
102

51%

3,130

47%

Feb

56

Jan

58

900

56%

Feb

61%

Jan

25%

26

135

25%

Jan

26%

Jan

6%

Jan

.25

British Amer Bank Note Co....
British American Oil common

Corp

00

cl

Jan

26%

Jan

20%

Feb

23

Jan

Penmans Ltd common
6% preferred

Quebec Power

Jan

Regent

19%

3,607

18%

Feb

19%

Jan

24%

25%

100

Feb

25%
101 %

Jan

Jan

3

,

22

25%

Jan

26%

Jan

3%

2%

•2%

100

2%

Feb

15%

15%

4

15 7A

350

15%

Jan

5%,

IIII—~
*

—

5%

325

30,

31%

^-5

24%
100

31%

800

15%

200

7%

180

15%

7%

—

7%

5

17

Jan

I:^30';->:;i

5%

•

common.

St
St

Lawrence

Flour

P^per
preferred

33

Jan

Jan

15%

7%

Fib

Sicks

Jan
Jan

Breweries

(H)

&

1,630

28%

Jan

29 %

Jan

Southern

20

20

22

400

20

Feb

22%

Jan

a9%.

_*

20%

*

.

"5%

Jan

9%

Jan

14

Jan

14 %

Jan

Jan

37%

Feb

7%

3,783

19

Jan

20%

Jan

20%

Canada

Co

of

22

Feb

23%

Jan

12%

Feb

14%

Jan

Walker

16

16

16%

290

16

Feb

17

Jan

Weston

_*

193,4

19%

20%

19%

Feb

22 %

Jan

Wilsils

II25

2,645

37

37

38

135

37

Feb

39

Jan

Winnipeg

21%

21%

90

21% "Feb

22

Jan

12

12

28

12

Feb

13

Feb

46%

46%

25

46%

Jan

47

28 %

25

pfdl.II20

12

♦

Canadian Foreign Investment
Canadian Ind Alcohol class A
Class B

40

Feb

Railway

41

42%

Jan

15%

1,080

14%

Feb

16%

Jan

50

53

2,434

50

Feb

60

745
,

Jan

Feb

16

Jan

17'%

Jan

25

27,

Jan

27

Jan

16%

27

27
8

50

8

Feb

a85

a85

20

94

Jan

94

Jan

100%

101

45

Jan

101

Jan

—

—

—

100%

9%

Jan

8 %

8%

8%

Feb

10

19%

19%

20%

215

19%

Feb

22%

Jan

13%

13%

13%

821

13%

Jan

23%

23%

205

23

82

83'A

55

82

40%

41%

1,774

■

1

—

95

Jan

14%

Jan

Feb

24

Jan

Feb

86

Jan

40%

Feb

42%

,

Jan

*

23%

23%

24%

1,593

23%

Jan

24%

Jan

47%

46%

47'A

439

46%

Feb

48%

Jan

142

142

60

16

100

—

140

144

Jan

»

16%

695

17%

Jan

16

16

145

16

Feb

17

Jan

100

100

100

115

100

Feb

100

Feb

a98% a98%

10

98

Feb

98%

■

10Q

16

Feb

Feb

17

17%

465

17

Feb

20

Jan

♦

1

17%
18

18

18%

180

17%

Jan

18%

Jan

6%

G%

7%

2,475

Jart

7%

Jan

%

100

83

*

;

83

11

82%

Feb

82

175

81

Jan

83

Jan

a86

50

83

Jan

85%

Jan

6%

6%

83

81

„

•

6

a86

82

25

•

5%

*

7%

375

Jan

7%

Jan

6%

Feb

83

(Geo)

26%

*

common

a24

17

Jan

26

Jan

15%

250

15%

Jan

16%

Jan

26.%

26%

935

26%

Feb

28%

Jan

23%

*

Ltd

23%

525

23

Jan

23%

Feb

19

Feb

34%

Jan

24

*

Electric

18%

18%

18%

75

18%

Jan

♦

common

preferred

Zellers

a24

15%

♦

Worts

&

29%

28

31%

1,734

28

'Feb

100

100

50

98

Jan

100

Feb

42

42

485

41

Jan

43

Jan

100

Limited

__

*

—

27

26%

27%

90

26%

Feb

Jan

Canadienne

10%

10%

11 %

930

10%

Feb

11%

Jan

Commerce

11

11

51

11

Feb

11%

Jan

10

20%

20%

20%

180

Jan

20%

Jan

10

!

22%

22%

23

287

22%

Feb

24

Jan

28%

28%

165

28%

Feb

28%

Feb

10

20

28%

28%

33

1,140

28%

Feb

36%

Jan

in

.26

26

630

25%

Jan

26%

Jan

14%

14 %

14%

125

12%

Jan

15

Feb

in

35%

35

35%

415

35

Feb

3.6

Jan

10

25%

25'A

25%

1,121

25

Jan

25%

Jan''

37

37

275

37

Feb

37

Feb

25

14%

14%

15%

6,619

14%

Feb

17%

Jan

9%

9%

9%

450

9%

Feb

9%

Jan

_•

13

13

14

1,265

12%

Jan

14%

Jan

Smelting—Ills

105%

104 111%

5,367

Feb

122%

Royal

in

Plow

Mining &

-

Jan

Banks—

20

__

Consumers Glass
Crown Cork & Seal

40

14%

—

51%

•

common

Cardy Ltd class A
Cockshutt

Jan
Feb

•

Oil Companies

Consolidated

63

288

Cotton

•
*

Canadian Locomotive
Pacific

19% Jan

145

Jan

16%

common

Gooderham

•

_

Canadian

Feb

Feb

series

Canadian

Feb

16

'16%

common

30

575

common

Canadian Converters clas A
Canadian Cottons common

145

100,

Feb

common

Canada

Biscuit

22

13%

20

series

62

1

17

*

Power

Viau

22

12%

A

$1.00

25

145

17

11%

Corp

Wabasso

$1.75

62%

145

"

United Steel

12%

—

Canadian Celanese

62%
.

50

preferred

*

Canadian Car & Foundry common
Class

Jan

♦

preferred

Steel

35%

20%

102%

99

5%

Standard Chemical

9%

Feb

102

90

Co

29%

20

15

Jan

common

preferred
preferred

29%

246

102

Feb

common—

Sons

29%

1,700

Jan

102

—

11

Voting trust certificates
Simon

Southam Press

14

Feb

22'

Jan

Feb

Jan

37%

44

Jan

96

1st preferred
J.

pfd

26%

a9%

Jan

20%

*

Sherwin Williams of Can 7%

Jan

14

42%

181

100

Jan

24%

37%

525

20%

»

Jan

2,074

14

44

20%

30

com

25%

.50

43%

1

Mills

Lawrence
2nd

24%

*

III"

5% preferred.
Canadian Breweries

44

20%

125

;

24%

*

Jan

•

49

preferred

.20

__

23

*

Simpsons 4%%

preferred

Jan

96

preferred

10

$1.30

21%

11%

common.

Shawungan Water & Power
Series A 4 % preferred.

15%

8

672

100

1st

Jan

25-

Knitting

preferred

2nd

Jan

Feb

1,600

2%

21%

•

Saguenay, Power 4%% pfd
St Lawrence Corp common

Jan

2%

935

100

2%

—

21%

96

Rolland Paper common

18%

24%

21%

Jan

11%

—

Feb

Jan

Jan

23%

*

Feb

13

Feb

59

100

Transport

1.25

24%

23

Jan

•

preferred

9.40

Feb

Jan
Jan

54%

40%

41%

Jan

22

21

•

Jan

23%

680

•

Jan

12

22%'

Feb

1,746

100

Corp of Canada

Jan

35

Jan

1,105

•

Price Bros ft Co Ltd common

1.10

901

11%

23

Power

8.65

12%

Jan

57%

17

38%

23%

Jan

11

.

1

200

a

41

60

22

*

4,551

23%

38%

Jan

56%

_____ilOO

122,424

al2%

Jan

40

21%

Placer Development
Powell River Co...

4%

37 %

5

21%
57%

*

—

4%

1,608

a40

-

•

Rwys

1.22

al2%

all

*

Ottawa Light. Heat-ft'1 Power com
5% preferred

Provincial

High

38%

all all %,

•

•

Mills, common

Electric

Low

•

9.25

a25% a25 %
_+

AlIZ

20c

Feb

Ottawa

Corp

39%

39

2%

class

585

Jan
Jan

25

Flour

™

Range Since Jan, I

High

38

a40

'

—5

Ltd.:

1.17

A.

A

Building Products —:
Bulolo Gold
Dredging__
Burrard Dry Dock Co Ltd

21

6

20c

Ogilvie

pfd

Weaving

Mines

9.15

39%

2%

g

class

1,263

20%

23%

Products

Columbia. Power

30

Car

Wire

Noianda

18%
a

Rpfdl:

cum

1,400

25%

Steel

Niagara

1.17

*25

Columbia' Forest

6%
a 20c

25

National

38%

25

Shares

Prices

Low

•

common

9.15

;

Preferred
Brit Colum El Co 4%%

6

a20c

25

'HI"'
I
Power_II'

Rights
Bralorne Mines Ltd
Brazilian Trac Light &

'Canada Cement

19% Jan
37%

56,%

•

»,

Class, B ■;

Jan

47%,

__

2!

Bathurst Power ft Paper class A
Bell Telephone

.

17%

56%
6

.11
.II

Warrants

Qlass

High

Jan

26

•

Bruck Mills Ltd

15

48

.

Ltd

Asbestos Corp

British

Range Since Jan. 1
Low

3,429

37%

,

Aluminum Co of Can 4%

British

Shares

16

Breweries

7 % preferred
National Drug & Chemical
.

High

15,%

19%

!ioo

Agnew-Surpass Shoe
Algoma Steel

15%

—20

Acadia-Atlantic Sugar class A
5% preferred

Aluminium

Low

•

"20

$2.50 preferred'

ef Prices

National

for Week

01

Par

Friday

Sale*

Range

Sale Price

Canadian Funds

STOCKS—

Week'*

Last
STOCKS—

*

IIIII*

Cp

104

23

35

23

150

35

35

25

35

Feb

23

—

Jan

30

Jlan

Jan

35

Jan

Davis Leather Co Ltd class A

*

22%

22%

50

22%

Feb

23

•

16%

16

16%

2,705

16

Feb

18%

Jan

•

33^

33%

34%

1,020

31%

Jan

35

Jan

25

20%

20

20%

470

20

Jan

20%

Montreal Curb Market

Jan

Distillers

Jan

Seagrams
Dominion Bridge
Dominion Coal 6%

preferred

Dominion Foundries & Steel__
Dominion' Glass

common

»

Dominion Steel ft Coal class B__
Dominion. Stores Ltd

I25

Paper

Foundation Co of Canada
Fraser Co common

26

Jan

27

Jan

38

Jan

Feb

17%

Jan

23%

23%

Feb

24

Jan

Atlas

Power

common

24%

75

21%

Jan

25

Jan

24

24

50

21%

Jan

25

Jan

21%

Jan

21%

Jan

10%

Feb

12

Jan

25

Jan

25'A

Jan

21%

21%

445

10"%

10%

11%

3,206

25

25

200

British
17

Jan

1

131/2

13%

13%

v;.' Class

250

13%

Feb

14%

Jan

British

15

15

50

14%

Jan

15

Feb

15

1,245

25

25

25

125

25%

25%

26%

2,998

98

98

98

105

17%

Goodyear Tire 4%

pfd

inc

II

*

2

1927

...

—

27

Jan

Feb

28'A

Jan

Jan

98%

140

17%

Feb

50

104%

Jan

110% 110%

4

2

2

100

14%

165

52%

52%

40

15%

16

285

•

a8%

256

28

I"
47

109%

2

Jan

17%
106

110%

Jan

14%

2'A

Feb

15

Jan
Feb

29

175

a47,

a47

15

cl

52

Jan

52%

Jan

15%

Feb

17

Jan

8%

Feb

9%

Jan

28

Feb

30%

Jan

45%

Jan

46 %

Jan

50%

2,665

47

Feb

56%

Jan

17%

9,352

17

Feb

19%

Jan

13%

1,560

13%

Jan

14%

25%

25%

25

24%

Jan

25%

Feb

7%

7%

100

6%

Jan

7%

Feb

*

21

20%.

21

410

20

Jan

21

Feb

83%

83%# 83%

15

83%

Jan

85

Jan

20

97

Jan

97

Jan

a97

6%

preferred

25

International Nickel of Canada
International Paper common
International Petroleum Co Ltd
International Power

a97

8

8%

Jamaica

Lake

Pub

of

7%

Ser

(John)
the

Brown

Company -commonPreferred
-■-,•/ --r

Ltd

common

530

8

20

20%

175

20*

Jan

22

Jan

33

34

3,547

33

Feb

36

Jan

10

«

50

50

14

14

10%

6,461

.

49%

Feb

8%

Feb

2,841

10

52

170

50

Feb

14%

425

14

Feb

*

__

20

Butterfly

Canada

—

Hosiery

Co

—

__

Sugar
pfd

Co

^

5%

Inv

Canadian

ft

Pow

3

Trust

5%

__—

_

58

Feb

12%

Jan

7%

Ltd

common.—

ioo

preferred

Westinghouse Co Ltd
Cassidy's Limited 7% preferred..
..

5%

Chateau-Gai
Claude

Neon

59%

Jan

15%

,

Jan

General

Adv

Ltd

com

common..

Jan

6%

50

102

152.„

152

3%

3%

6,150

98% 101%

5

50c

Jan

11
1.15

Jan

5%

Feb

6'A

Feb

5

6%

Feb

Jan
Jan

Jan

12%

Feb

Consolidated.

Feb

23

Jan

Consolidated

26%
155

Textile

Feb

29

Jan

Feb

160

Jan

Crain Ltd

Cub Aircraft Corp

5%

Stand

102

Feb

106

Feb

10

152

Feb

156

Jan

3%

Feb

4

Jan

397

98%

Feb

103

Jan

12

125

12

Feb

12

Feb

20%

20JA

20%

720

20

Jan

23

Jan

46%

47%

65

46%

Feb

50

Jan

a90

a90

10

90

Feb

90

Feb

....

Sec

Mills

cl

A

Co-

9

9

a210

4

16%

16%

664

16%

Feb

17%

Jan

21

>c

21%

643

50

195

14%

Jan

15

Jan

460

14

Jan

14%

9%

9%

655

9%

Jan

9%

Jan

Dominion

7

7

452

6%

Jan

7%

Jan

Dominion Oilcloth ft

18%

19'A

Jan

Feb
Feb,

21

Feb

22

Jan

78

30

77

Feb

81

Jan.

5

3

Jan

101

101

40

101

Feb

al.75

al.75

325

1.75

Jan

al.50

al.75
■

al.50

21

2.00

Jan

alO%

10%

a 10%

38

11

a23

a23

20

22%

70

69

70

210

69

138

a

-

140

140

15

3%

3%

3%

2,415

50

50

316

——

113%

113% 113%

5

113%

101

Feb
Feb

2.00

Jan

2.00

Jan

Jan

11

Jan

Jan

23

Jan

Feb

"79

Jan

Jan

143

3% Jan
50

3%

Feb

Feb

-

3%
51

113%

Jan

Feb
Jan

Feb

34

34

300

34

Jan

34

Jan

al5

al5

21

15

Jan

15

Jan

9%

9%

50

30c

30c

1,800

78

78

80

155

5

5

5%

2,350

a8%

a8 %

10

9

Jan

25c

Jan

54

Jan

5

Feb

9%
60c

Feb
Jan

100

Jan

6

Jan

—-

16%

ft
——

10%

Jan

10%

Jan

a35c

——

a35c

190

35c

Jan

35c

Jan

29

29%

230

27

Jan

29%

Feb

16%

17

8,967

16%

Feb

18

Jan

11

11

100

10%

Jan

12 %

Jan

18

Jan

19

Feb

18

50

7%

7%

50

•65c

70c

7%

Feb

7%

Feb

Feb

9%

a210

a3%

18

15

9

Feb

Feb

78

— —

ft

(R L)

•9

210

a3%

m—m

——

ft

ft

com

"

a210

preferred

14%

&

Frere

400

18%

Feb

19%

720

19%

Feb

22%

Jan

Dominion

955

13

Feb

15

Jan

Limitee

17%

17%

60

•

33

33

34

300

Montreal Locomotive

•

20%

20.

20%

1,980

—

Dominion Square Corp

*

___

21%

a31

a31

10

21%

22%

150

Woollens

&

65c

i_;

,

1,500

55c

Jan

80c

Jan

8%

8%

*

43

43

43

140

43

Feb

48

Jan

*

38

38

38

815

38

Jan

39

Jan

20

_♦

a55 % a55%

*

*

17%

Feb

18%

Jan

33

Feb

35%

Jan

19%

Jan

23%

Jan

Fairchiid Aircraft Ltd

5

28

Jan

40

Jan

Feb

23

Jan

Fanny Farmer Candy Shops Inc
Fleet Manufacturing Ltd

1

21%

20

Esmond

*

8%

Feb

8%

Feb

58

Feb

58

Feb

13

130

12%

Feb

13%

Jan

19%

20

3,320

19 %

Jan

20%

Jan

7%

7%

Jan

7

7

10

23

Feb

23

Feb

50

16 %

Feb

16%

Jan

95c

100

95c

Feb

1.25

Jan

36%
1.90

300

23

16%

95c

23

23

16%

3

Kootenay Pr 7% preferred-^—100
Mills Ltd preferred..—,
20

140

12%

*
Worsteds.

Paper Co Ltd
Eastern Steel Products Ltd
East

100

1

B

Linoleum

Donnacona

Molson Breweries Ltd

ft

Ltd

Engineering Works Ltd—

21

_*

•

Jan

90
-

12

ft

Lithograph Mfg
Paper Corp Ltd

13%




11

12

ft

Div

13

42.

5%

•

ft

ft

Consolidated

19%

page

Jan-

ft

Wines Ltd

Consolidated Bakeries of Canada Ltd

13

see

12%

——

Commercial Alcohols Ltd

19%

footnotes

Jan

ft

100

•

For

100

preferred J

14

*

Montreal Tramways
Murphy Paint Co

11%

12

50

—2

Canadian

•

;

Jan

125

—

Canadian Western Lumber Co

Massey-Harrls

(Robt)

1
ft

ft

McColl-Frontenac Oil
Mitchell

15

98%

100

Vickers

Canadian

15

*

common

14

Jan

ft

14%

——

Corp Ltd

Feb.

14%

3%

ft

_

Jan

Jan

_

ft
____

*

A
.

12

14

102

_._ft \

com_

Pap. Inv Ltd, com

preferred

David

class

50

——

#

Ltd

Company

*

Class B

1,800

12

16%

Canadian Silk Products cl A

Jan

20

95c

12

14% al4%

ft

^_

Canadian. Marconi

11%

260

Feb

I50

preferred

20

155

Feb

9%

6

Ltd-

Inter

40

26%

5%

200

■

100

com

Ltd—

Ingersol Rand Co Ltd

25

155

181

10%

ft

Co Ltd 7%

Canadian Industries common

12%

26%

5%

9%

12

0

Canadian

20%

155

200

90c

—1>

Malting Co Ltd

Canada Starch

20

26%

5

a

:100

-

Ltd.

Dominion

&

12%

•

Ltd

MacMiJlan Export
Mailman

52

100

common

Secord

Lewis Bros

49%

10 %

*

preferred

Laura

•

50%

5

/

-JL.

«i

Consolidated

Ltd™

Woods

15

20

33%

5

International Utilities Corp

Labatt

•

Jan

...

"

Catelli Food Products Ltd common__
8

12%

*

Jan

25%

•

Feb

9%

100

Investments

17

common

11%

-.

Pulp & Paper com

Electric

47

100

International Bronze

1,244

•

A

_—

Gen

13%

common

Jan

12%

Ltd ^5

B
Columbia

Gen

17

__£i

Corp

13

5%
*

Ltd

Canadian

__loo

Acceptance
preferred
preferred

Packers

Canadian

13%

4%%

Jan

— —

Canadian- Food Products Ltd

•

preferred
6% preferred

Jan

17

a

Jan

common_5

4%

10

75

11%

*

A

Vancouver

Feb
Jan

25

Imperial Tobacco of Canada

class

of

Canadian

a8%

225

-

Jan

106

1534

•

Jan

25%

17%

52%

aa%

Jan

98

17%

*

50

24

15%

10%
17%

♦

Preferred

Canada

50

•

Feb

Ltd

Distill

-

14%

•

Gypsum Lime & Alabastine
Hamilton Bridge
Howard. Smith Paper common
$2 preferred
Hudson Bay Mining &
Smelting—
Imperial Oil Ltd

14

106

100
common.

ft

Columbia

16% Feb

14

Millen

ft

200

100

Wares

Brand

Brewers

High

10'A

B_

Brandram-Henderson Ltd

16%

14%

cl

Bathurst' Power, & Paper class B__
Belgium Glove & Hosiery Co com—

16%

*

Co Ltd

Low
,

■

_—

Products

Range Since Jan. 1

High

17%

115
•

Ltd

Auto Fabrics

16%

•

General Bakeries Ltd

Steels

Shares

~5

Anglo-Nfld Development Co Ltd

55

Low

10%

157/s

V

■■

Ltd

3,761

20

•

Works

16%

24%

for Week

Par

Glove

Acme

15%

21%

Sales

Range
of Prices

Friday

Feb

35%

*

preferred
5%% preferred

5%

665
225:

•

5%

Indust

27
37

100

4%% preferred

General Steel

27

35%

Week's

Last
Sale Price

STOCKS—

23%

*

Eddy Paper Co class A preferred
Electrolux Corp
Enamel
&
Heating Prod
Famous Players Canada Corp

Gatineau

16%

*

Dominion Tar ft Chemical common
•
Voting trust certificates—
*
Red preferred
—23% v;
Dominion Textile common
•

Dryden

27

37

•

Canadian Funds

36%

85

36

Jan

36%

Feb

1.80

2.00

5,940

Feb

2%

Jan

1.80

Jan

Volume

169

Number 4777

THE

COMMERCIAL

CANADIAN
RANGE

;

Friday

Week's

Range

v

Par

Ford

Motor

Co

of

Canada class

Foreign Power Sec 6%
ureal
1

i^axes

Class

A

•

Hubbard

Paper

Felt Co

A preferred

red

Co

Ltd

(Can)

.7%

25

3

Feb

3

& Tel
preferred

Maxwell

15

Feb

16

40

40

75

4

4

125

4

Feb

4

18

75

18

Feb

18

Feb

9

9

75

9

Jan

a24

20

25

Jan

25

Jan

a51% a51%

7

51%

Jan

51 y2

Jan

18

Ltd cl A—.*

__

20

a24

pfd_50

conv

13V2

Mica

of

Canada

Minnesota
Montreal

&

Ontario

Island

Paper

Power

Co

19%

Standard

Jan

"

9%

Feb

11

Jan

15

17%

Feb

17%

Jan

Jan

30

6%

'33

80c

17%

350

12%

400

80c

18 y4

Jan

Jan

6%

Feb

Jan

6

12%

12 %

$1.50

&

p«r

,

Paper common

•

preferred

2o

$2.50 preferred

Low

class

A

•

Preferred

Range Since Jan. 1

High

Low

15

15%

19%

20%

1,813
2,000

38%

15%
20

38%

23%

High

24

100

15

Jan

17

Jan

19%

Jan

20'A

Jan

25

37%

Jan

38 %

24%

975

21%

Jan

25

Jan

102

20

Acadia-Atlantic

Shares

102

75

101%

Feb

103

Jan

*

Feb

Acme Gas & Oil

•

6c

6V4c

6,500

6c

Jan

7c

Akaitcho

1

75c

76c

3,100

61c

Jan

80c

Jan

Yellowknife

Algoma

Steel

Aluminium

—*

Co

of

Canada

pfd

48

48

52%

700

48

Feb

56

Jan

-•

—

Ltd

Aluminum

Jan

56%

56

58'A

1,027

56

Feb

61V2

Jan

25

25%

25%

26

330

25 y2

Jan

Amalgamated Larder,Mines

26 y4

Jan

1

17c

16c

18c

11,800

12%c

Jan

18c

Jan

American

1

13c

9,500

12% 6

Feb

20c

Jan

Feb

68c

Jan

Jan

Feb

1.10

19%

Feb

22 y4

Jan

20c

Jan

20c

Jan

12

30

Jan

30

Jan

71% Jan

73%

Yellowknife

12c 13%c

Jan

20%

1,310

a20c

24

a30

a30

•

Jan

a71

10

9

225

9

Feb

9%

Jan

9

red

20%

20%

20%

100

20

Jan

20%

Jan

lO'A

10%

200

Feb

10%

Feb

5

.

Union
United

of

Westeel

Products

Wilson

Ltd

(J

Ltd

Lead

Mines

Beaulieu

Gold

Candego

Anacon

Anglo

Lead

•

Canadian

Oil

Anglo

46c

53c

34,200

4.70

4.50

4.90

45,805

4.40

Jan

5.30

Jan

9.25

' 9.25

160

8.90

Jan

10%

Jan
Feb

*

Mines

Rouyn

46c

•

Anglo-Huronian

46c

Mines

Mines

Mines

Gold Mines

Jan

112 V*

Jan

45c

Jan

41c

18%

Jan
Jan

9

16%

Jan

Feb

Feb

9%

125

9

a37

20

37

Jan

37

Jan

21

50

21

Feb'

21

9%

\

Feb

22

150

22

Jan

17

25

17

Jan

17

Jan

20

182

15

Jan

21

Feb

a37

Jan

37%

Jan

,

10

1

12

36 y2

50

12

16

<

"16

1

24

Jan

Feb

12%

Jan

Jan

•

16

Jan

Gold
Gold

Mines

Mines

50c

Hollinger

Lake

•Labrador

Mining

Jan

3%c

Feb'

9%c

Jan

25c

Feb

3c

Feb

3c

Feb

16c

16c

23c

57,399

5c

Feb

7%c

Jan

8c

8c

3,000

7c

Jan

13c

Jan

7c

7c

3,500

7c

Feb

10c

14c

13%c

14c

8,300

5c

8,000

4c

Jan

5c

Jan

17c

18c

1,500

13c

Jan

18c

Jan

8c

9c

4,000

8c

Feb

9c

Feb

51c

50c

51c

1,000

50c

Feb

59c

9

17%'

9

—•

63c:

Ltd
1,

Cons

100

4.15

Feb

4.35

Jan

9c

11,700

9e

Feb

5 Vac

6c

500

5V2c

Jan

6c

Jan

45,000

5c

Jan

9%c

Feb

9c

10,000

8c

Feb

11%

Feb

12c

Feb

12%

Jan

10 %c

Jan

Feb

52c

Jan

2c

Jan

3c

Feb

1,500

3c

Jan

4c

Jan

1,000

42c

Feb

53c

Jan

3,000

3c

—

4c

4c
43c

3c
4c

43c,

Feb

13%

400

14%

Feb

15%

Jan

a5.50

100

6.00

Jan

6.25

Jan

52%c52%c

52%c

15

a5.50

500

13

13%

583

4%c

4%c

500

52 %c

Feb

55c

Jan

Jan

11%

4%c

13%

Feb

6%c

Jan

Feb

37c
'

40c

29,500

36c

Jan

47c

51c

55c

15,700

47c

Feb

55

55

200

2.30

78c

1.90

2.30

76c

__

80c

14c

1.90

400
;•

12,000

1,000

1.90

800

51

Jan

2.30

Jan

76c

Feb

12 %c

1.90

Feb
Feb

18%c

3.10

19c

1,500

18 %c

3.10

__

*

:

9%c

14%

__

1

!

Jan

9%c

41c

1

—

Ltd

Ltd

3.25

9,350

3.05

Jan

2,000

10%c

Jan

400

1.70

Jan

10%cl0%c
1.76

1.70

^1

1.76

15%cl5%c

1

7%c

Jan

9c

Jan

'7,500

14c

Feb

23c

Jan

Area

Mines

Argus

Corp

76c

Hardware

76c

*

Feb

2,OOo

15c

Jan

2,000

76c *

Feb

45c

Jan

70c

Jan

55

Jan

2.30

class

Mines

Vinray "Malartic Mines Ltd
Waite Amulet Mines Ltd
-

Jan

70

Jan

8c

Jan

12c

Feb

11c 12%c

20,600

12c

10

11%

(1937)

1,000

4%c

9,650

58y2c

6 Vac

al5% al5%

6,700
50

11c

16,000

2.152.20

1
1

6c

58%c66%c

9c

84c

Jan

14c

Feb

2.32

Jan

22c

3.70

13c
1.95
16c

Jan

Jan

Jan

16c

'Jan

Feb

94c

Jan

11%

11%

12%

2,305

11%

Feb

12%

Jan

Atlas Yellowknife

1

ll%c 12%c

1,500

11c

Jan

14c

Feb

10c

Aubelle

Mines

1

Ault & Wiborg
Aumaque Gold
Aunor

preferred

1

Gold

*"

Mines

1

Bank

of

Toronto

Base

Metals

Scotia

Mining

4,800

6c

Jan

Feb
Jan

Sons class B

Bldgood Kirkland

17c

Jan

25%

Jan

26%

Jan

230

35

Feb

36

Jan

37

37

37

110

35%

Jan

37

Jan

50C

50c

57c

64,200

50c

Feb

65c

Jan

8%c

9c

7,000

8c

Jan

11c

Jan

39%

39'/a

39%

8,858

38%

Jan

4iy8

Jan

116

123

148,756

1.10

Jan

1.25

Feb

5.90

6.25

1,400

5.00

Jan

6.25

5 y4

5%

150

5

Jan

28c

30c

10,300

23c

Jan

1

13c

12c

12c

Feb

9

13C

21,500

9

50

Feb

9

Feb

12

55

11%

Feb

12

Jan

50

50

15

50

Jan

51%

Feb

16c

Jan

Mines

1

Bonetal Gold

12 %c 13 %C
13c

__

13c

2,300
1,000

3!/2C

4c

5,000

17c

17c

500

1

1

Bordulac

di

1

3%c
—

Bowes Co class A

*

9

Boycon

•

3%c

Pershing

Boy mar

1

28c

"

13c

Feb

15c

3%c

Jan

4c

Jan

12c

Jan

18c

Feb

9

Feb

9

Feb

50

>•:( 9;:
4c

23,500

57/8c Jan

26c

Feb

36c

Jan

9.50

Feb

Jan

1.25

Jan

Feb

9.20

9.10

9.25

3,550

95c

90c

1.00

10,900

Brantford Cordage common—
*
Brazilian Traction Light & Pwr com—*

8%

8%

130

8%

Feb

8%

18%

18%

19%

2,430

18%

Feb

19 V2

Jan

15

15

15

15

Feb

15

Feb

Jan

Brewers

&

British

Distillers

American

5

Oil

•

4% %

Elec

preferred

British

Columbia

pfd

Forest
Packers

British

25 Ye

88

89

50

100%

101

55

class A

2%

2%

2,750

2%

Bruck

Power

class

A

23%

Feb

24%

875

24%

Feb

25%

88

Feb

90 y4

Jan

Jan

101%

Jan

...

9

12

12

6%

Oil

Mills

•

25%

25%

25%

2%

2%

2%

31c 34%c

38,250

Buffadison Gold

Red

&

Lake

Co

9,700

%c

21c

2.45

2.56

2,100

15c

20c

23,800

1

7c

*

30

B_

9

A

1

common

17%

8c

25%

26%

Jan

3y8

Jan

Feb

28c

Jan

37c

Feb

15%

Feb

17

Jan

16c

Jan

1.92

Jan

14%c Feb

24c

3.05
20c

7%c.

1,005

Feb

33

Jan

13%

45

•12%

Jan

14 y4

Jan

17%

17%

145

17%

Feb

7%

75

8c

8c

6,500

15

7

5,700

7c

30

Feb

9%:c

Jan

17%

Jan

8V4

Jan

6C

Jan

9c

Jan

110

14%

Jan

17

Jan

55

16%

Jan

17V2

Jan

16%

5.00

5.00

5.65

9,200

5.00

Feb

6.60

Jan

7%c

10,000

6%c

Jan

8V2C

Jan

40c

Feb

54c

Jan

9c

Feb

14c

Jan

Callinan

Flin

Flon.

6'/2 c

6V2C

Jan

Calmont

Oils

40c

40c

Feb

2,100

Campbell Red Lake.

3.20

2.85

3.20

8,900

2.70

Jan

9

\2%

2%

2%

44

2%

Feb

3

50

42c

Jan

Jan

5c

Jan

47c

47c

1.64

1.60

1.65

3,400

28c

51c

63,000

47c

1.49
28c

Jan

Jan
Jan
Feb

8.05

53c

1.90

73c

Jan

Jan

Jan

Canada
B

Bread

common

;

preferred

Canada

1.11

1.18

24,900

5.90

100

5.90

Feb

6.10

Jan

3%c

4c

20,500

3V2c

Jan

4%c

Jan

12c 13 %c

5,900

10%

Jan

14%

Jan

Jan

10c

Jan

Canada

Northern

Jan

36c

Jan

Canada

Packers class A—

8c

3,000

7c

24c

27c

14,600

17c

2.21

2.21

200

2.21

Feb

1.28

Jan

2.21

Feb

Jan

5.30

Jan

Jan

36 %c

Feb

Feb
Feb

Canada

Foundries class A

Canada

Iron

Canada

Malting Sh W-arr

Foundry

——

common

Power

Class B

50 y8

50%

50%

50

50 %

Feb

53

*

common

5.90

Feb

3.20

25

25%

395

24%

Jan

26 V2

Jan

20

Cement

Preferred

1.11

1.10

Jan

7

Jan

Feb

Jan

Jan
Jan

31%

15

9
•

Jan

2%
.

Jan

7c

16%

9

i.

Jan

Jan

6%

30

13%

♦

Bousquet

3
13

Jan

7%

*

class

class

210

17c

20c

Buffalo

18

16

Jan
Feb

Jan

5%

130

2.45

_

Canadian

Building Products
Burlington Steel

12

100

32c

•

15%

Ankerite

2%

150

class

Buffalo

100 y2

75

5%

*

B

Dominion

Buffalo

1,075
.

"

Columbia

Class

23%

24%

88

Products

Class B

British

23%

24%

100

—

Columbia

British

4%

23 %

25

Columbia

8.65
45c

55

ino

common

Preferred

British

2nd preferred
Calgary & Edmonton

5c

Jan

*

16%

7.80

Jan

3%c Jan

798

29C

Jan

—*

class A

Caldwell Linen

33c

7c

12V2c Jan

16c

~'

Mines

Brand & Millen

Jan

2.57

Feb

9

Jan

Jan

Feb
Feb

12

Bonville Gold

Feb

200

25c

5%
33c

15 y8

2.10

Jan

*

Preferred

Jan

500

9

27c

*

5.90

1

26

30c

Gold

8c

11,350

__

Feb

35%

*

common

9c

5c

__

Feb

5

35

common

Corp

67c

36c

13C

10

Jan

50

Ribbon

Burrard

8.05

784

Feb

1

Gold

Bralorne

9%
4%

Jan

25%

1

1

1

26,700
1,173

25c

100

885

3.65

25%

25

Quebec

Biltmorp Hats

Bobjo

22c 26 %c

Feb

Jan

118

Telephone
Rights

Blue

5

5

1

Bell

&

10

5

Feb

38c

3.30

35%

*

Yellowknife

nevcourt

9%

104%

1,300

.10

Nova

Bertram

3.55

Jan

10

Montreal—

of

Relleterre

3.40

HV2C Jan

Jan

16c

119,400

.10

of

Bank

Beaulieu

37c

Jan

103%

103

31c

*

—

12,100

104% 104 V*
35c

1

Class B

10c 10 %c

10c

100

Auto Fabric class A_

Burns

5c

__

Jan

Jan

Jan

33c

__

9vac

68c

Jan

8.05

__

33c

Jan

12c

Calder

9c

7c

7%c

13,500

Jan

50c

Jan

4,000

7%c

Jan

„

Jan

13 y4

22,000

Jan

9

14 %c

Feb

220

15c

1.03

6c

Jan

12

72c

7%c

6c

8c

11%

11%

12c

11 %c

6c

Jan

68c

Jan

1'

6V2

68c

Feb

6c

Feb

12 %C

4%c

1

,

67%

•

9%c

__9

Westville Mines Ltd
Wil.stey Coghlan Mines Ltd
Wright Hargreaves Mines Ltd

A—

Oil

1
:

5%

5

7,500

•

7,000

1

•.

1,115

70

9c 11 %c

Feb

34c

Corp

6V4

70

9c

1

Atlas

1,000

Ltd

Ltd

5%

70

Steels

Atlantic

5c

9

Ltd

6%

1

1

9%c

,

Jan

•

Athona

5c

1

Ltd

17c

Ashley Gold & Oil

9%c

1

(1944)

14c

1

Ashdown

5c

*

,

Ltd

16c

100
1

Armistice

9%c

_1

Ltd

1

common

Preferred

1

Ltd

1

Arjon Gold

1

Mines

Ltd

Mines

Mines

Asbestos

4.15

42c

1

Ltd

Mines

United

ll%c

Jan

14c

1

Soma-Duvernay Gold Mines

Trebor

Jan

41c

__

1

Co Ltd—

Mines

10 %c

755

5

Sigma Mines (Quebec) Ltd—

Stadacona

500

2,050
2,000

Ltd—1

Quebec Labrador Development—
Quebec Manganese Mines.—,
Quemont Mining Corp Ltd——
Santiago Mines Ltd
Sherritt-Gordon Mines Ltd
Gold

Jan

10c

^1

Jan

78c

11%

1

3.45

Feb

9%c

1

Gold

Mining

11c

Feb

63c

11%

1

Mines

Mines

5,600

11%

1

Corp

2,900

t.

65c

8c

Ltd-.

Mines

2.9g

2.80

8c

8%c

1

Gold

2.80

9%c

1

Ltd

——

Cadallic

Jan

Jan

6c

—

,

1

Lake

Feb

16 %c

1

O'Brien Gold Mines Ltd
Orenada Gold Mines

Pen-Rey

25c

Feb

5

Ltd

Mines

Feb

Jan

11c

8c

L_

1

Co

17%

21 %c

4.15

't

1

Ltd—

Explor

15%

1,000
3,200

63c ''

„

1

Ltd.:

1,730

23c

•••

11c

*

Norpick Gold Mines Ltd

Gold

>'

1

—

17%

*

11c 12%c

23c

2.80

1

Mines

17%

__

ll%c

„

Calumet Mines Ltd

Pandora

35c

Feb

7c

Jan

Ltd

Gold

Jan-

4V8C

1

Ltd

Mining

16c

9c

1

Dredging Ltd

Marlon

Jan

17c

1

Mines

13 %c

4%c

Ltd

Mines

Jan

5%c

500

Jan

__

1

Cons

Normetal

'

__

'

Alger

24c

17,600

8c

Jan

100

Ltd

Macdonald

3c

500

107,200

Mines

Negus Mines

Jan

3c

1

Mines

Mclntyre-Porcupine

Jan

39c

3y4c

Goldfields

Louvicourt

lie

Feb

3c

———

Gold

Feb

13c

3V4c

Lake Linginan Gold
Mining——,9
Lake Shore Mines Ltd
1

Lingside

Feb

8%c

13%c 24%c

!

&

'65c

50c

3,000

7^500

-

1

Ltd

Gold

Feb

3c

Mines Ltd.:

Mines

36%c

1

Mines

Mines

Addison

Jaiv

1

Gold Mines Ltd—
International Uranium Mining Co

Kerr

20c

—_1

Ltd

Ltd

Joliet-Quebec

Feb

3!/4c

Hudson-Rand

Consol Gold

Jan

3c

14%c

Ltd

Gold

10,400

65c

Feb

3c

1

Mines

Ltd

Cons

25,400

7c

8c

Bank
47cFeb

-1

1

Goldbeam Mines Ltd.—
Goldora Mines LtdMines

56c

8%c

Formaque Gold Mines Ltd.

Goldvue

50c

1,000'-

6%c

Ltd

Falconbridge Nickel

36%o36%c

5c

Ltd

Mines

1,100

•

Red Lake Mines Ltd
Dome Mines Ltd —,
Dulama Gold Mines Ltd

Mines

10,000

3c

8V2c

Ltd

Mines

53c

1

Dicxenson

Sullivan

30c

5%c

Feb

Jan

1

Cadillac

Nickel

Gold

26c

5%c

1

Feb

8

_1

Mining Co Ltd

Ventures

10 y2

Jan

16

3c

36%c

—■0

Ltd—

Ltd

_l

Explorations

Sullivan

Jan
Feb

100

47c

__

1

Ltd—-—

Denison

Siscoe

18

400

al5% al5%

47c

0

Diamond M Corp

Cournor

Osisko

Jan
Jan

a37

al5%.

Ltd—1

Nechi

15%

10

lliy8

9

12

—1

Jack

Feb

16%

'

29C

•

Porcupine

Jan

Jan

110

19
4

—

I

Mines Ltd
&

Central

Sol

12%

6

k20%

Jan

1

Aquarius

Bagamac
-

Consol

Eldona

Jan

Jan

17

«

Centremaque Gold Mines Ltd
Cheskirk Mines Ltd——

East

15,102

5

19%
109

22

19

-

*

Mines

Gold

Gold

Duvay

44c

21

1—0

Ltd—

Bouzan Gold

Cortez

3

9'/2

,9

,

75

a37

__

25

____„-4,

250

9
-16%
•

9

18

10l/2
all2

42c

/■
16%

100

_i.

Yellowknife

Lake

Brazil

18

lo
all2

42c

t"

—

Bonville

•

„"9

Aumaque Gold Mines Ltd
Base Metals Mining Corp Ltd—
Bob's

225

9%

Stocks—

Anacon
Arno

14

-——*

Windsor Hotel Ltd

Mining

12%

—

9

1

Ltd—

C)

50

__

*

Canada

Securities Ltd

75

110

12%

9

United Corporations B
United Distillers of Canada Ltd
•United Fuel inv B preferred,—'
United

20

109%

.

100

Amusement Corp Ltd class A

'

225

19%

110

*
~—

Paving &; Materials Ltd

Gas

5%

19%

pfd„100

Thrift Stores Ltd

,

31 %

9

*

Sangamo, Co Ltd '

Pitt

17%

Feb

135
'

a71

9

Russell-Industries Ltd

New

10

17%

29%

9

Ltd

Southern-Canada Pr 6% pfdSouthmont Invest Co Ltd

New

Power

Sales
for Week

of Prices

Jan

Jan

•J'::
Abitibi

.

Apex Consol Resources

'Quebec Pulp & Paper 7%

New

16%
39 V*

19%

-

Paul Service Stores Ltd
9
Power Corp of Can 6% cum 1st
pfd_100

J-M

Jan
Feb

a20c

9

Orange Crush Ltd V

El

15%
37

*

Scotia Light & Power Co
Nuclear. Enterprises Ltd

1

Jan

25

6V2

9

Nova

•'

14%

230

12%

9
-

Feb

Jan

675

80c

5

-

Refrig & Storage Ltd
Moore Corporation Ltd
Mount Royal Rice Mills Ltd

9%

15%

17y2

—

12%

10

Montreal

Sale Price

Week's

Range

,

Last
STOCKS—

Exchange

Canadian Funds
Friday

Jan

29%

9%

_10

13%

40

37 y2

17%

I7M2

—■——10

Ltd

50

Feb

37

^

;_'9

pfd

38%
*

15V2

isy2

*

10

6%

13%

29%

*

M)

com

Ltd

,

Feb

18

„

9

„

Distilleries

Toronto Slock

Jan

—

Melchers

II

Feb

1,270

—.

29%

29%

29%

55

29

Jan

29%

Feb

27%

27%

30

27

Jan

28

Jan

9

Jan

10

19

19

21

140

19

Feb

22

Feb

•

47 y8

47

47%

185

47

Feb

50

Jan

*

9%

9%

9%

Feb

9%

9

33

32%

33

110

32

Jan

33V2

Jan

16

16

510

16

Feb

16

Jan

76

188

Feb

192

9

145

9%

Jan

OH Stocks—

Anglo-Canadian
British

Dom

Calgary
Consol

&

Oil Co

Oil

&

Homestead

Decalta

Oils

Lid

•

Dev

Corp
Corp Ltd

Edmonton

Oil Co

Ltd

Ltd

*

•

1

Gaspe Oil Ventures Ltd

1

Home Oil

*

New

Co

Pacalta

Ltd
Oils

Co

Pan

Oils

31c

'

New

South

Co

11c

7,050

91c

.

1.00

ll%cl2%c.
l'lcll%c

19,500




page

42.

Jan

24c

Feb

31 %c

Feb

1.35

Jan

13%

Jan

1,500

11c

Feb

14c

Jan

2.35

2.50

1,400

16c

19c

10,000

27

28

1.20

5%c

Feb

Feb

1.62

Jan

6c

Jan

Feb

3.00

Jan

13c

Jan

19c

970

23 y2

Jan

28%

Jan

6.35

Feb

Canada Permanent Mortgage
Canada

S S

Canada

Wire

Lines preferred ■*.
& Cable class B

Canadian

Bank

Canadian

Breweries

Canadian

Canners

1st

preferred

Conv

of

—

6.50

6.35

6.50

3,565

19c

19c

1,500

2.35

common

:

preferred

19c

Feb

6.50

22c

Feb
Jan

Canadian
Class

188

188

191

.

Jan

37

50
—

37

34

35%

Jan

37

Feb

26%

26%

50

24%

Jan

26%

Feb

-10

23

22%

23

880

22%

Feb

24

Jan

20 y4

20

20%

1,983

19 y8

Jan

20%

Jan

•

16%
17

17%
24%

561

16%

Feb

18

Jan

24 %

20
9

90

24 V*

Jan

25

Feb

17

17%

350

17

Feb

18

Jan

16%

common

Celanese

Preferred
Canadian Dredge

common...

*

13%

13%

245

13%

Feb

14 V2

Jan

20

Car

A

Canadian

100
—9

*

Commerce

Feb

19c

see

12c

Feb

100

*

Jan-

Jan

Feb

1,500

*

6.60

10c

11%

1.20

•

Feb

89 %c

5'/2c

1

5.25

7,411

1.20

1

4.45
29c

6,400

5y2c

Ltd

Brazeau

footnotes,

70o

*

common

For

6,000

24c3iy4c*\

95c

ll%c

__

Oil

6,600

34c

5.50

IOV2C

10%c

4.85

33c

5.25

—90c

Petroleum

Western

Royalite

4.50

„

Ltd

Okalta, Oils Ltd
Omnitrans Exploration Ltd
•Pacific

4.75

_9
9

,

MARKETS

FEBRUARY

Jan

3

&

Teieg

cum

26

15V2

Paper Co
Maple Leaf Milling Co Ltd——_
Maritime

Feb

3

—

(Walter

23

15

*

Power

1,710

3

Journal Publishing Co of Ottawa Ltd-.1"
Loblaw Groceterias Co Ltd cl A—.
9
MacLaren

23%

15

common

preferred
Investment Foundation 6%

(735)

High

•

*

5%

Lowney

Low

100

—_

International Paints

ENDED

Range Since Jan. 1

High

23

pfd

—

Ltd

23

-

Shares

Com

Co'Lln

preferred

Low

*

A

LISTED
WEEK

CHRONICLE

for Week

of Prices

FINANCIAL

Sales

Last
Sale Price

i

STOCKS—

FOR

&

16 y8

16%

335

16%

Feb

17

Jan

19%

20%

260

19%

Feb

22 V4

9

19%

25

37 y8

37 y8

37%

120

36%

Jan

39

Jan

*

25

25%

27

320

25%

Feb

28%

Jan

Jan

39

Monday, February 14, 1949

RANGE

■>

,"f

Friday

Week's

Range

Class

Food

Products

A

Preferred

,,

■:

*

Gen

Canadian

Ice

Canadian

Indus

Electric

voting

CauttU.au

Locomotive
Malartic

5%

Oil

Cos

Utilities

Wirebound

class

Corp

225

Feb

Goidvue

Mines

5A

100

5A

Feb

5 A

440

1C%

Feb

11%

Jan

10 A

25

10 A

Feb

11%

Gold

Jan

32 A

355

4,005

14 A

660

Centremaque Gold
Chaceau-Gai

8,244

Feb

14%

17'A

Feb

90 A

100'A

Jan

24

Jan

9'A

1C0

9 'A

Feb

9%

1,600

1.35

Feb

1.50

1.57

1:60

2,220

1.55

Jan

1.73

1.35

22,400

1.15

Feb

1.65

1.40

9,895

1.24

Jan

1.45

21c

18'Ac

21c

40,200

MV2C

8c

8c

3,000

9'A

9A

7'Ac

2.70

2.80

2.78

16c 16'/a c

Jan
Jan,.\,

10

Jan

10c

,2.43

Jan

16

4,600

Homestead

3%c

22c

4,780

6c

6c

.

Consolidated
Consumers
Conwest

28c 32'Ac

28c

8

8 A

Crn'g

Bit

Croinor

Cub

8%

16

Jan

14%

Decalta

17c

Jan

23c

5'Ac

Jan

7c

Red

Dexter

23c
8

34c

Jan
Feb

...

10'A

Jan

64c

Distillers

A

Dome

10 A c

10 Ac 11'Ac

14'Ac 17%c

10c;:

12,500

15c

45,565

104

1.20.

1.28

150

Jan

12c

Jan

Feb

17%c

Feb

Feb

123

29

to CO sW

205

Jan

.

Feb

Jan

6

Jan

30c

Jan

46c

45c

5,150

45c

Jan

52c

Jan

47

48

255

10c

10c

10c

2,500

65c

65c

46c

"

5%

47

55c

3,120

70c

9c

; r'

•

52

Jan

13c

Feb
Jan

Jan

80c

Jan

Jan

10c

10c

11c

8.000

IOC

Jan

15c

31c

31c

34c

8,700

31c

Feb

43c

22%
' 8%

160

22 A

Feb

23

Jan

10

8%

Jan

22 A

22'A

8%

8%

30c

23c

32c

89,650

1.37

1.30

1.40

18,900

8 Ac

5,500

..23c

9'A

Feb

32c

Jan

8c

Feb

31c

31c

AV 8c

1.48

Jan
Feb

40,900

10c

28c

;

Jan

lbc 17'/aC

10,960

Go.d

Rock

Mines

Jan

31c

10Ac

1

17'Ac

lp%

10%

j

1

8 Vac

8'Ac

8c

Jan

i

1

57c

65c

17,400

57c

Feb

83c

Jan

1

8c

8c

2,000

4c

Jan

8c

Feb

7'Ac

7'Ac

1,000

6c

Jan

9c

Jan

47c

50c

2,600

40c

Jan

59c

j an

11c 11'Ac

9,863

10c

Jan

13'Ac

18

Feb

19

13c

—

Gold
Gold

1

Gold
Red Lake

Gold

-

15c

Jan

16c

Feb

10%

925

10,700

10c
9'/4C

Feb

—

Mines.

11c

Mining

8'Ac

% 31,500

9c

18%

0

Jan

1

28 Ac

28c

31c

20.800

26 Ac

Jan

32c

Jan

16

Feb

*18 A

Feb

35c

Jan

16

16

16 A

2,305

•

20c

18c

22c

25,500

»

17'A

16%

17%

10

25

24'A

2,980
1,065

25%

15'A

Jan

13

24 A

Feb

26

Jan

25

20

20

20

110

19%

Jan

20

Feb

common

8

8'A

8'A

9

110

8'A

Jan

9

Feb

1

27

26,'A

27

666

25%

Jan

12'A

12 A.

*

....

13 A

11

960

27'A
14'A

Jan

Jan

16

16 Va

1,175

16

Feb

17%

Jan

23

23%

565

23

Feb

24

Jan

*

24 Va

24 Va

100

Jan

25

Jan

„__23.50

21'A

22

290

Feb

22

Feb

25

B

___

com

^referred

16%

"■20

21'A

East
East

Amplii
Crest

East

11'A

ll'A

11'A

Feb

:i

57c

51c

58c

15,400

51c

Feb

64c

18'A

23c

22c 24Vac

25,200

2IV2C

Jan

25c

Feb

1

11 Vac

11c 12 %c

54,000

11c

Feb

17c

Jan

l

;

12

Jan

165

10'Ac

Jan

9'A

9%

50

9 A

Feb

9%

5 Va

200

5 A

Feb

5 A

Feb

5

11'A

11'A

11%

3,605

11'A

Feb

12 A

Jan

1

Holhnger Consol
Yellowknife
Gold

Hosco

i

Mines

7c

6c

Jan

8c

Jan

19%c Jan

32c

Feb

7c

8c

7,000

27c

1

Howey Gold
Hudson

Hugh

i.

:

,

Bay

1

32c

54,800

35c

20,500

&

33c

35c

»

Mining & Smelting

Malartic

47 Va

47'A

20%

preferred

50%

5,476

4'Ac

4'Ac
22

31c

4,800 r

22

1

Erie

9c

-

10.000

9V2C Jan

14,200

9'/2C

9c

ll%c Jan
Jan

30c

31c

6,500

Fast

Malartic

Mines...

l

2.23

2.20

2.29

13,615

2.12

Jan

2.35

Jan

Sullivan

Mines

1

2.80

2.80

3.00

12,202

2.80

Feb

3.45

Feb

_»

Steel

•

A_1_L

Eddy Paper class
Elder

755

7'A

_

~

•'$

7

Jan

38c

7%

Jan

Jan

Jan

20

16 A-

16%

365

16'A

Jan

17

Jan

l

36c

35c

38c

8,325

34c

Jan

41c

Jan

___i

Mines

Eldona

,7

7'/8

30c

10%c

Feb

East

Eastern

_100

Jan

47 A

•

63c

63c

67c

42,175

63c

Jan

77c

Jan

:

...

Gold

292

Sol Gold....

Brass

Eureka

1

Corp

class

A

16 Va

11C 11 Vac

11c

8

19%

6.000

20

55c

57p
4.25

Jan

22

Feb

28

Jan

29

Jan

Jan

700

»

16%

16%

17%

16,391

16%

Feb

19%

13%

13%

640

13'A

Jan

14%

Preferred

7'/a

100

6V2

Jan

7'/a

Feb

25'A

25'A

110

24%

Jan

25%

Jan

8

17 Va

17 Va

150

7Va

17%

Jan

1

5'Ac"

6'Ac

9,050

7%c

Feb

6

common

Lake

&

8'A

8%

520

45c 49%c

4,700

^

Gold

(John)

Inglis

Co

Mining

45c

1

Metals

International

class

A

*

Preferred

Feb

5'Ac Jan

24 Va

.100

8'A

100% 101'A

14

14%

54c

Jan:

Feb

25'A

Jan

101'A

100

Jan

33

Feb

36

Jan

10

Feb

13

Jan

40c

Jan

International

iNicxei

•

33

33

33%

International

Petroleum

8

10'A

10

10'A

5,230

International

Uranium

1

45c

40c

47c

51,200

Feb

52c

14c

15c

2,600

12'Ac Jan

19c

2,000

2'Ac Jan

3c

Jan

1,667

4'Ac

6c

Jan

Feb

Waite

Co

common

1

Mining

1

,

J

M

3c

5c

1

2 Ac

2 Ac

1,500

2'Ac

Jan

3c

19c

20c

1,500

16c

Jan

23c

Jan

42c

Gold

Quebec

Kayrand

41c

44c

16,055

41c

Feb

54c

Jan

10'Ac

10c

12c

10,000

7'Ac

Jan

14c

Jan
Jan

.

__

Mines.
1

Mining

0

Kenville

36 A

36

36%

.

Jan

14'Ac

17c

23,300

13c

Jan

23c

—

11'Ac

13c

2,500

8'Ac

Jan

13C

Jan

14%

15 Va

4,433

14'A

Jan

15%

Jan

7%c

1

15c

14%

Gold

7%c

8c

Jan

; •

Kerr-Addison
Golden

Gate.

54,650

7'Ac Feb

10c

58c

51c

59c

18,700

41c

59c

1.48

1.44

1.52

12,525

15c

15c

15c

500

Kirkland-Hudson
Kirkland

La ice

Kirkland

Townsite

~

Ltd

4V-r-

Jan

1.32

Jan

*

___:

Lake

Dufault

Lake

Fortune

.1
Y

Mines

Feb

23'A

5.10

Feb

6.50

Jan

3,000

3'Ac

Jan

5c

Jan

1 AO

1.32

21,375

1.07

4c

4c

500

52c

52c

52c

500

..

21'A
r

8

Jan

Jan

Jan

Jan

8c

Jan

Jan

13%

Feb

48c

Feb

Lake

Rowan

1

8c

8c

8c

2,500

6c

Lake

Shore

Mines

1

13'A

12%

13 A

5,630

10'A

Lake

Wasa

Mining

41c

45c

8,550

34c

Jan

6.00

6.05

254

50c

Jan

:

—

...

Lapaska Mines
"U"

18

18

600

8 'A c

6,000

4c

4,500

...

8'Ac

8'Ac

1

18

■

4'Ac
8c

Jan
Feb

Feb
Feb

12c

Jan

Jan

60c

4.50

Jan

Class

Feb

16

Jan

London

Jan

37

Jan

Louvicourt

Jan

Lunward

Jan

Lynx

Jan

Macassa

4.15
V

Jan

4'Ac

Jan

14 A

Jan

15 A

Jan

O

19'A

19'A

615

19'A

Feb

19'A

Feb

4 Ac

5c

14,000

3'Ac Jan

5Ac

Feb

....

*

Feb

80c

75c

80c

5,700

75c

1.16

1.13

1.20

6,050

-1.12

Jan

1.20

6c

mil

Ltd

Mines

6c

3,000

6c

Feb

10c

10%

1

Jan

86c

Jan
Jan

8 Ac

10c

3,000

7c

Jan

c

Feb

90c

90c

95c

5,370

78c

Jan

1.08

Jan

•

29

29

29 A

286

29

Feb

31'A

Jan

•

28

28

28

235

27%

Feb

29

Jan

7

7

7

50

6'A

Feb

7

*

Lac

Long

Groceterias

class

B

Mills

Hosiery

100
■J

6A

Feb

35

6 Va'

112 Va

Jan

7'/a

a

common...

Feb

1

40 Ac

36 Ac

42c

23,600

35'Ac

Jan

45c

Jan

—1

Goldfields

12c

12c

13c

1,000

10'Ac

Jan

15c

Jan

2,000

13c

Feb

16c

Jan

_

Gold.

•

6%c

8,000

5'Ac

Jan

90c

1,500

80c

Feb

90c

Feb

MacDonald

9

207

9

Feb

lb Y

Jan

Macfie 'Red Lake

7Va

8

315

7Va

Feb

8

Feb

Macho

100

11%

Feb

11%

Feb

MacLeod-Cockshutt

4,300

1.85

Feb

2 'A

Jan

MacMillan

26

Jan

Madsen

28

Feb

116

7c

Yellowknife

13c 13'Ac

13 Ac

...

'

2.10

Jan

2.35

2.41

6,250

51'Ac

47c

57c

35,60.)

47c

9Ac

9 Ac

10c

4,500

9c

1

Mines

28c

27c

28c

3,500

p5o

Jan

34c

I

1.10

1.06

1.12

10,650

93c

Jan

*-1.20

»

9 A

9

2.41

1

—

Mines

_1

2.

1

_■

—

•'

■

Feb

Feb1

2.50

Jan

74c"!

Jan

13 Ad Jan

'

'

11%

11%

1.90

1.85

1.90

23%

23

23%

'

River

class

A__

27

_

.

•

Francoeur

Gold

Frobisher

Exploration

2,305

23

Feb

50

27

Feb

27

10c

2.35

10 c

1.000

2.25

2.50

10,C0o

17%

•

*

common..:.

General

Steel

17%

106 A

106 A

1.90

15

.

9c

1.90

"

23

_

_

_

Magnet

Consol

*llc

Jan

-

6%

6%

7

825

2.75

2.84

10,465

22c

22c

22c

1,000

2.22

2.20

2.30

14,100

3c

3'Ac

19,000

96

96

96

25

95

9

9

10

165

9

5 Ac

5'Ac

1,500

5'Ac

13 Ac 14'Ac

Jan

2.90

Jan

Manitoba

Jah

17%

Jan

Maple

106 A

Jan

&

1

Maralgo

*
_

Sugar preferred

Leaf

Jan

Eastern

...100

A

Milling

Mines

1.90

Feb

2'A

Jan

Marcus

Feb

15'A

Jan

Martin-McNeely

Feb

Massey-'-Harris

0,

I_

_

14'A

102

102

10

5.50

5.75

7,451

9%c

8%c

10c

12,300

2 Ac

3c

7,500

Gold

V;'

—

Gold

102

Feb

,

102

Jan

5.85

0

Gold..

.....

_

___1

Mines

Gold

_

_

footnotes

_

-1

_

see

page




42.

7

Jan
Jan

2.40

22c
2.02

Jan

Feb

A

2.85

Jan

Feb
1 Jan

30c

Jan

2.35

Jan

2'Ac Jan

3%C

Jan

Jan

96

Jan

Feb

ll'A' Jan

~1

Feb

1,500

9'Ac Jan

6c

1,000

4'Ac

21

2,625

27 'A

40

5'Ac

1
•

common

4 Ac
20

8c

Jan

10'Ac

Jan

2'Ac

Jan

3 Ac

Jan

McCabe

Grain

class

McColl-Frontenac
-

65c

69c

9,0C0

65c

Feb

74'Ac

Jan

20

44c

43 Ac

45c

6,233

42c

Jan

56c

Jan

Mclntyre

18c

19c

4,600

16C

Jan

19 Ac

Feb

McKenzie Red

11c

12c

5,500

10c

Jan

16c.

Jan

McLellan

__

27'A

«

100

Feb

14 Ac

6c

Feb

Feb

20

Feb

22%

Jan

26%

Jan

27 A

Jan

Lake

_

9

Jan

8'A

8'A

50

8V4

Feb

12%

12%

13%

1,235

12%

Feb

15'A

96

96

96'A

80

94

Jan

98

Jan

13c 13'Ac

3,200

13c

Feb

14c

Jan

Jan

56

13 Ac

_

Porcupine
Gold

0

A...

common
.

McDougall-Segur

18 Ac

—_20

___■

—

Jan

Feb

4.75

66c

..

Feb

Jan

10

'

1

—

Preferred
Oil

6%

Feb

Feb

2.05

104'A

Fields

Gold

Preferred

Lake

9'/4

2.79

.

Yellowknife Gold Mines.

883

1

_

315

5.60

100

9 A

1

Lake

•-120

___1

.

Mines.,

A

"

common

—1

Preferred

Gold

-

_

Red

17'A

>

85

r

.....

2.00

14%

1;

r

Wares

■

15'

0

Bakeries

General

'

100

preferred

Mines.

A

0

B

Manitoba
Power

Gold

class

Export

"

Malartic

For

12c

3%c Jan

10c
Little

Class

Goidale

Jan

1

9

9
10

Motor

Goldcrest

Jan

,Jan

Jan

Feb

19

5%c

255

Jan

20 »A

6.30

15'A

3%c

T*

14%

Gold

Jan

.

14%

"

1

Oil

Gold

6.00

75

4%c

Mines

Leduc-West
Leitch

■

4%c

—

Lawson & Jones class A_.—
Oro

y.

—-1

Mines

Laura Secord

Lebel

y,

—_

Cadillac

Larder

;

V

<!

Lang & Sons
Lapa

45c

1
*

Gold

Jan

'

'

...

Lake

Jan

5c
64c

1

115

....

commoft

Fleet Mfg

God's

1.45

3%c Jan

Lingman

6'Ac

Fittings Ltd class A—

Globe

Jan

90

10,395

5c

ill

1

Gold

21'A

22

'>

Gold

Jan

5,75

0.25

1

(John)

114%

100

6 VaC

Preferred

Gillies

Jan

17c

13'Ac Jan

4c

21'A

1

Laguerre

80c

—

...

Petroleum

Fibre Products

Glenora

Feb

1.67

5.10

*'

Labrador Mining & Exploration

14

430

6'A

Federal Kirkland

Giant

Jan

3c

1

Consolidated.

Juliet

Feb

4'Ac

__

1

35

825

com

Preferred

5%

Jan

Jan

24'A

-

Grain

Gatineau

9

45c

550

24'A

Jan

85
6,112

Loblaw

Class B

Jan

7 Va

25

preferred
Imperial Varnish
Inaian

14

__£i

4%

47c

3,560

14

Players
,
Fanny Farmer Candy Shops.

Ford

Ja!n

28%

19%

9,700

4.15

Famous

Federated

Jan

6c

28%

10c

200

4.15

1

Falconbridge Nickel

Federal

Jan

57

21A

■

Empire

Feb

35c

Feb

3%c Jan

28%

lencourt
El

Jan

10

Lamaque
"

*

9c

Oil

235

9'Ac 11 Vac

10c
'

Oil

Leduc

Jan

Jan

*

♦

_

...

Dulama_Gold Mines Ltd_____
Duvay Gold Mines

Jan

A

5Va

Lake
common

Jan

Jan

_•

class

Mines

Feb

10c

Jan

preferred

Dominion Textile

10c

5'A

8

B

Jan

18c

2

Steel

Jan
Jan

12

8

;

Mfg class A...

Homer

8%c

___*

Dauch

&

Class

••

Labatt

Donalda

24'Ac

Jan

8c

4,500

Jan

65c

.

11

8c

8c

...

Mascot

Jan

Jan

Ltd

Feb

*

a

Feb

35c

Feb

500

10c ll%c

11 Vac

1.20

50c

Coal

Jan

Jan

Jan

43,550

Chemical

lo 'A

_

Jan

55c

&

Jan

3c

Feb

50c

Stores

Jan

65c

9 %

_

...

Oil

55c

Tar &

80c

Feb

Feb

Imperial

1

Steel

Dominion

Feb

50c

Jan

Jan

,22C

Mining

Dominion
Dominion

58c

7,800

8 A

Alabastine

Bank

LakeJ

Magnesium

9,110

2c

Kirkland

Dominion

60c

52c

100

Imperial

5,500

1

&

58c
50c

1,500

Jan

6

.1

Foundry

Jan

50c

*

Jan

22c 24'Ac

5%

1

Dominion Bank

Don nion

11

8'A

1.45

;

23c

*

Mines

Coal

Jan

2%C

31%

Feb

200

Seagrams

Dominion

-

&

152 A

Jan

1.20

21,800

1

1

Dominion Dairies

10

8'A

Huron

141

A

150 151'A

151

1.20

14 Ac

4,106

104 111 A

106

8

Ltd

Mines

138

Jan

*
;

Lake

Diversified

10

2%c

Hinde

Jqn

65c

Yellowknife

Discovery

10

1

Highridge

Jan

•

_

Red

Jan

10

_

*

Joburke

Dickenson

Jan

18

7 Ac

Feb

1

Lake

Red

40

Feb

17

Jack

D»tta

Jan

Feb

15 A

Feb

Holden

Jan

*

•

Nickel

16

38

50

Jan

Heva Goid

Jan

1

Mines

Deni.son

Feb

150

15 A

Heath

Jan

.

51c

__1

Oils

Delnite

15

38

16'A

15

Jan

12%

50c

100

class

2,175

38

15'A

15

4'/8c

Harker

Jan

1

__i

15'A

3J

Feb

5%c

Jan

1,000

Coal

Leather

Jan

615

Headway

15,400

14

Mines

Class B

Feb

16c

10'Ac Feb

Imperial Tobacco of Canada ordinary_5

Petroleum

Davis

22

17,940

Inspiration

Daves

Jan

Feb

Jan

16

Jan

52c

Patricia

D'Aragon

Jan

10%

15 A

—

...

Harding Carpets

Feb

655

28%'

Mines

Aircraft

53

7'/ac

1.75

56c 60'Ac

Mills......

Pershing

Crowshore

1,000

103

Jan

Feb

22

30

Jan

52

10'/a

4o0

22

95

86

10 'A

5c

Harricana

50c

*

common

Crow's Nest

52'/a

10Va

15 A

llasaga

-

Crestaurum

55

52'/a

1

Jan

60c

100

Imperial

reb

50c

—

Swayze

Feb

50c

5

Exploration

Cosmos

100 101%

100

52 Va

50

Mines

Lime

2.80

2.45

52,080

♦

Gas

Jan

1

_

Mines

Lead

Hard

Jan
Jan

Jan

2.00

5,500

0

Mining & Smelting

11c

Jan

2

...

Jan

0

Saddlery

Hedley

1,800

20c

22c

*

Oil.

8c

Hamilton Bridge

Feb

l

Consolidated Lebel Oro

9,000

«

Gypsum

.

Consolidated

9c

common.

West

18%c

Feb

16

11,250

2.44

CO

13 'A

1
-

8'Ac

Jan

0

Paper
Coal

Jan

1.60

25

4'Ac

2.32

2.43

1

Mines.;.

Feb

8'/aC

10'Ac 11'Ac

West

Jan

16c

621

4c

4c

.

1,500

1.65

13Vac

7c

6,025
v-

21c

6c

9,600

j

Feb

8

410

6%c

"ZZZZ'.i

Beattie

9'Ac

Bousquet

Haicrow

Jan

»

Duquesne

Jan

Jan

1.33

__

Bakeries

Consolidated

Consolidated

5c

A.—

preferred

Gulf

^

Consolidated

296,800

—

Guayana

Jan

1.15

1.38

1

Consolidated Astoria

12%c

9Vac

High

Hqlliwell Gold

1.60

16

-

Jan

7'Ac

22

class

Great

Jan

25

1.25

1

11;

A

Jan

Knitting class A_

Yellowknife

5'Ac

8c

1

—

...

—;

Lakes

Great

Jan

1.36

1.60

Luke

18,500

Low

Feb

1.35

16c

Plow

3.15

12c

1

...

Great

1.36

Cnromium

J

B

Graham

Jan

15

1

Willans

Feb

10c

Porcupine

Mackay

Class

Feb

101

Jan

100

155

Chimo Gold

Cockshutt

15 A

24 A

0

Malartic

2.65

11 Vac

preferred
Gordon

Jan

100A

1

Mines

Cochonour

79C

24

1

Wines

Mines

Bar

12'A

36 A

Jan

0

10

15 A

14%

Feb

Jan

28'A

I

_

13,275

Goodyear Tire common

Jan

1

Mines

High
2.76

Feb

11

10'A

A____

Porcupine

Coiomac

Jan

100 A

1

.Central

Coin

210

24

*

Patricia

Citrulam

25

100 Va 100 A

14%

100

A

Oil

Leduc

Cenua)

Circle

225

9'A

class

Cascle-Trethewey

Chesterville

Mines

<•

preferred

Cariboo Gold

Crie.ncirk

Goidora

_1

Canadian

Cei.cidl

Feb

14'A

14 A

25

Railway

Canadian

Caruy

Jan

77

71c 73 Ac

100

Pacific

13 A

73'Ac

i

*

common

preferred

Canadian

Jan
Jan

28'/2

•

Canadian

12

75

5'A

•

Range Since Jan. 1

Low
2.65

"

10

10%

/'

*

Cauaa.an

Feb

8 A

Shares

2.68

Manitou

Golden

95

5 A

10%

*

for Week

Prices

01

Par

Jan

225

1
"A"

Alco
___.

220

Sale price

High
8%

77

.

;•

Machine

Class B

Range Since Jan. 1
Low

12%

'

Sales

Range

,

Goldhawk

100

_

Week's

Frlday

■

STOCKS-

12'A

—**

----——50

—

•

Last

High
8 A

'■

.

77

*

'

Ca^iauian

8'A

*

common

*

..

*

Shares

of Prices

Low

Par

Canadian

FEBRUARY 11

for Week

Sale Price

STOCKS—

*

WEEK ENDED

FOR

Sales

Last

MARKETS

LISTED

CANADIAN

Jan

54 'A

56

1,025

50'A

40c

40c

42c

5,8r0

32'/4c

Jan

46c

Jan

7c

6%C

7c

1,500

6%c

Jan

8c

Jan

5

55 A

1

1

.-Feb

'

'*

'

r

*

■*

■■

+

/

.

t*,

THE

RANGE

Week's

Last

Mercury Mills

Low

Milton

&

new

9 Vac

7%

Brick

Mining

1,550

9 'Ac

7%

7%

1,230

6c

6c

16,700

16

17

50

1.45

800

1.35

Feb

10%

...

10%

10%

615

10%

Feb

Sherritt

Jan

Sick's

Jan

6c

Jan

6%c

Jan

Feb

17'/a

Oils

Modern

l

Conta ners

Monarch

*

common

Lnw.iai'un

Mortgage & Inv
Porcupine

Moneta

42c

2,500

13

13

100

13 %

13%

40

6'/a

6%

330

46c

49 c

5,600

1,190
220

__'

*

commoi)

Knitting

42c

,■

"
1

—

7%

1.55
'

Jan

Feb

13

Feb

13'A

Gordon

Jan

14

Feb

7

Silver

Jan

Jan

60c

Jan

43c

20%

19%

Moore

•

68

68

71

26%

26%

3%

3%

100

3%

48c

Feb

9 VaC

10c

2,000

9 %c

Jan

9c 10 Vac

151,500

8%c

6

6

700

11%

11%

GOO

lOVs

Jan

Preferred

25

Brass

I

»

Long Lac

1

Mylamaque Mines

1

National

__

Mining
Miller

Class B

Jan

5

common

■"-■4 j1

Preferred
National

5

Grocers

68

Preferred

National

Petroleum

National Sewer

26%

Jan

Siscoe

73%

Jan

Slauen

Jan

27

Western

Jan

12c

Feb; ''

6

....

■

.

Steel

Feb

1,240

14

28

27%

28

430

27%

Feb

28%

Jan

16

16

16%

800

15%

Jan

16%

Feb

41c

40c

41c

4,500

35c

Jan

47C

30

65

27%

Jan

32

Jan

22%

Feb

23%

Jan

29

Jan

'

0

—

22'A

"22%

New

Bidlamaque

New

Calumet

New

28%

TO

2.44

8,750

101 103%

50

10

Alger

New

460

2.30

-2.30

22%

28%

__w__

preferred

Jason

13c

5 Vac

1.93

1.83

; 68c

Mines

13%c
7%c

___

Marlon

Newnorth
New

66c

Rouyn

Mergerf

15e

2.04

26,150

68c

2.16
101

123,700

13,830

...

Jan

25

28,474

8c

-

"

•'

12c

Feb.;..;,.
Jan

1.80

Normetal

iNorpick

Olsen

Co

6c

North

North

Oil

Gold

O'Brien

2,35

Jan

Sturgeon

Feb

River

Jan

S.vlvanite

6c

Jan

Taku

11c

102,700

9c

Feb

18c

Jan

Ontario

11c

Jan

14c

Jan

Taylor

8%c

18,200

7 VaC

Jan

lie

Jan

11,275

19c

Jan

26c

Jan

3,500

6c

Jan

8C

Jan

V

6c

1.10

200

1.07

7,014

5 4 Va

Jan

2,500

12c

y

Jan

10c

H'/aC

72c

3.05

10c

8 Vac

Mines

119,300

3.35

44,845

54c

3.05

Feb

1.15
;

3.75

Jan

10c

Jan

13 %c

16,600

C%c

Jan

12c

60c

1,500

49c

Jan

60c

72,675

30c

Jan

40c

Feb

7%

380

7

Jan

8YB

Jan

8,910

1.32

11,400

17c

6,000

14c

Jan

17c

4c

6c

6,100

4c

Feb

6c

8,300

5 %c

18%

5 Vac

25

5%

190

15c

16c

33,500

8c

8c

1,000

71c

70c

82c

44,100

16C

15c

16c

5,100

•'

__

:

Mines.

39%-

Western

Parbee

Ltd.

1.65

Pen-Rey

1.95

Jan

1.62

Feb

Jan

16c.

39 %c

Crow

4,000

4c

500

19c

Jan

Mines.

9c

Jan
Jan

18c

Jan

Feb

3.05

Jan

39%

Feb

Jan

1.34

Jan

12 VaC

8c

Feb

3%c

Jan

Feb
Jan

21c

!;;■

;.] ;v:

Feb

8c

Jan

; 5c

Gold

Jan

9,925

36c

Jan

24,900

9c

Jan

75c

79c

7,650

70c

Jan

89c

Jan

27

27

25

26

Jan

27

Feb

10c 12 %c

23,700

8c

Jan

14c

Jan

2.15

certificates..

5,140

2.05

3.10

28,000

5c

Jan

40c

9,600

41

515

81c

80c

75c

8c

.-y

44c

Quemont

70c

Jan

90c

Feb.

16%

8,510

7'/sc

1,500

52%

53%

60

58c

67c

69,150

86c

86c

90c

8,225

86c

Feb

52c

Gold

Mining

51 %c

55c

4,156

45c

Jan

15%

3,560

15

Jan

15 Va

15%

Jan

13%

80%

Jan

84

Jan

85%

85

86

25

83

Jan

86

Jan

7 Vac

7 Va c

7 VaC

500

Jan

8 %c

Jan

1,50

1.50

1.54

8,025

1.50

Feb

1.70

Jan

'5%

.,5%

100

5%

Feb

5%

Feb

Gold

Jan

20c;

8 VaC

Jan

11 %c

Feb

1,900

1.41

Jan

1.90

Jan

1.53

1.47

1.62

22,000

1.27

Jan

35c

35c

500

27

27

25

Renfrew

Silk

class

—

Keno

United

Roche

Oils

Royalite
New

:025

.

Walker

Lawrence

St

Western

Gold

(G

footnotes

A

W')




17 %

2.55

10,900

2.20

Jan

2.94

Jan

7%

1,045

6%

Jan

7%

Jan

1.82

Jan

1.72

6,300

1.52

5.85

1,114

5.60

8c

500

Jan

Feb
Ja

li

Feb

6.40

Jan

Jan

6c.

9%c

Jan

13

12

13%

36,510

8.75

Jan

14'A

Jan

26%

26'A

26%

4,825

26'A

Feb

28%

Jan

13

13

25

13

Feb

13

10c 10 %c

II,600

10c

Jan

l

___1

_

9c

0

9c

2,900

36%

36%

■»

34

33 '/a

34

175

0

common

___.

23

23

24

355

0

,

;—

common

36%'

23

100

___■

170

23

98'/a

200

7c

36%
22

30%
23

13

Jan

Feb

%C

Jan

Feb

9c

Jan

38

Jan

',24

Jan

Feb
Jan

Feb

35

Jan

24

Feb

99

30

98 %

Feb

%c

31,700

8c

Jan

•:37c

7%C

8%c

Feb

-lie

8c

4,500
74,700

7%c

7c

7c

Feb

•

Yellorex

^

Mines

Yellowknife

27%

31%

5,385

100

99%

100

300

98'A

19

19

100

19

2.32

2.21

2.32

7,783

27%

2.15

Feb

Jan

34 Va

Jan
J tt n

Jan

Feb

100

19%

Jan

Jan

\

11 %c

Feb

•

10 j %

Jan

19

1

Bear

Yankee

29%

5

Combing
Wright-Hargreaves

Ymir

24c 27

100

common

Preferred
Wool

Jan

127/B

2.50

Jan
Jan

21c

23c

4,500

18c

Jan

23c

Feb

1

75c

73c

75c

8,700

63c

Jan

80c

Jan

*

Mines

Girl

4%c

4%c

6c

7,500

4%c

Jan

6c

Jan

1.65

7%c

Jan

51

Jan

53%

Feb

58c

Feb

67c

Exchange-Cnrb Section

Jan

Jan

Toronto Stock

Jan

Jan

Jan

11

1.44
6c

Canadian

1.04

Sale

Asbestos

Jan

British

9

Sales

Range

Price

Par

Jan

4 17

■

Week's

Last

Jan

62c

Funds

Friday

for Week

of Prices

Low

Shares

Range for

High

year

Low

1918

i

High

*

Corp

25

25

10O

25

Feb

26

100

102

3u»

100

Feb

114

'

Jan

'

Columbia

2.15

2.20

500

2.15

Jan

2.40

Co

8

8

15

7%

Pulp & Paper

com

•

i.—

'

Jan

Jan

29%

75

30%
11

11c

25

14c

12c

13c

17%

common.

29%

Jan,

(

8

30%

Feb

Feb
Feb

11

Canadian

Canadian

16 VaC

Jan

Canadian

13c

24,500

11c

Jan V

2,500

12c

Jan

Jan

Coast

40c

Jan*

49c

Jan

25

Jan

25%

Jan

Crown

28'/«

6,044

23

Jan

28 %

Jan

Dalhousie

6.35

6.65

6.65

Feb

Dlsher

12c
9c

_

Consolidated

1,080

*'

17%

18

17,645
28,000

9c

Feb

19c

Jan

Dominion

13,800

6c

Jan

10c

Jan

Jan

Foothills

17%

Jan

18%

2
«»

.

_

Feb

2.00

Jan

1.75

1.85

250

64%

77

710

140

140

10

3%

3%

•i

"

2,050

50

50

25

1.15

1.25

500

16'A

17'/e

11

11

i

6

3,740
y

)

39

38

1.75

Jan
an

64%
135

J

3%

Feb

79

International

Feb

14

Jan

Feb

86

Jan

Feb

42

Jan

Langley's Ltd preferred

4.20

4.40

7,235

3.80

9c

Niagara Wire Weaving

2,500

42c

47c

25,400

23%

235a

24

965

47

100

15c 16% c

2,000

Paper

common-

Preferred

•

143

i

40

5,100

Jan

3%

Jan

50

Feb

53

Feb

1.25

Feb

16%

Feb

18

Feb

11

38c
6

11

Jan

45c

Jan

&

Ontario

Jan

4.50

Feb

Jan

10c

Jan

40c

Jan

49c

Jan

Pend

23%

Jan

24'A

Jan

Southmount

47

Jan

48

Jan

Southwest

Petroleum

15c

Feb

20c

Jan

Supertest

Petroleum

Paper__

Selections
Oreille

Feb

6%

Feb

31%

Jan

34'A

Feb

Jan

20

Jan

2.75

2.75

3.00

2,240

26

28

175

50%

1

'

3,261
10

'

2.75
26

49%
103'/a

51

51

55

20

20

20%

1,665

22

22

200

21

Vac

4'Ac

500

4

9

__

52

•

103% 103% "<

4

_

_

49%

34'A-

51

....

Investment

Temiskaming Mining

•

50
20

Vac

Feb

3.65

Feb
Feb

31%
y i

58

Jan

Feb

103%
52 %

Jan

Feb

Jan

Feb

22%

Jan

23

Jan

5c

Jan

6.70

Jan

5.60

5.95

6,485

42c

42c

42c

270

41c

Jan

42c

Feb

30c

30c

1,000

30c

Feb

35c

Feb

47%

47%

47%

Feb

47%

Feb

7c

Jan

8c

Feb

9

ordinary
1

__

8c

8c

5

1,000

•;

Feb

Jan

5.60

5.50

5.

Jan

Jan

47%

*

"4

Jan

19%

33

9
__

'f

Feb

100

9

8c

*

Jan

1.15

150

6

f

Jan

630

...

100

1

Jan

Jan

19%

33
;/
__

Oil

ti

*

19%

_

•

13%

Jan

Jan

—

9

40%

1.60

13%

16'A

*

83

Feb

Feb

50

....

__

235

1.40

12%

Jan
-

"

__

145

1,700

65

3%

26

Bridge
Paper

120

1.50

12%

*

common.

13%

1.40

J

12%

3%

_

Oil

41'/a

1.46

22%

1.25

83%

-

103

Jan

69

«

83

47

Feb

20

1.75

..

13%

__l

4

98%

250

•

Donnacona

1,085

Lumber

Oil

Steel

Feb

Jan

230

1

common

Paper

Dominion

6.35

1,275

20%

•

Westinghouse

Copper

'3,300

3%

101%

20'A

.

Western

44c

3 %•■'■■
98 Va

20%

•

_

25'/a

3%

98%

100

__

Vickers

25

*

__

Sugar

_

Marconi

Canadian

Jan

11%

Feb

__

Vinegars

1 v

12%

—

_

and Dominion

40%

13%

4.30

42.

Jan

-.Va

Jan

8c

•

__

45c

page

24»/b

Jan

17

1.65

7c

Canada

100

see

Feb

50 Va

370

6%

7 Vac

Oil

For

20'A

150

17

5.60

1

Jan

9c

50c

50

51%

5.60

1

8c

7 Vac

-.1-.—

20%

"1.70

Wingait Gold

Jan

7%c

Preferred

Jan

13

&

8c

Shawkey Mines
Sheep Creek Gold

Jan

6%

Winchester Larder

6c

11 Va c

com

14c

30%

2.35

26c

4,000

1.

Power

Jan

Jan

17

%

1

7c

Rannorm Mines

Senator Rouyn Ltd
Shawinigan 'Water &

Jan

9%

Feb

51'A

class A

(George)

26%

Ltd.

Jan

7.c

Jan

1

Wiltsey-Coghlan

Brown

6.65

Mines

8%

Feb

9c
20

10c

20 %
51

Jan

27%

2.35

Preferred

Canada

Paper 1st preferred.
preferred

Antonio

Feb

•

Grocers

Class

Minnesota
San

Feb

60c

Jan

Feb

18%

Jan

1.23
11

35

27%

0

_50

Products

Weston

Jan

__i.

2nd pfd______.

8%c

63

,

Feb

168

Feb

I,000

500

Mines

(Hiram)

Westeel

Feb

i.

Corp

9c

18%

25

Malartic

3.75

Lawrence

•2nd

Feb

158

10'Ac 10'Ac

Hayes Steel
St

Jan

10

211

2,645

Ltd

40c

common.,

87c

600

27%

Wekusko Consol

Feb

25

Industries

Russell

12,400

9%

•

Waterous Ltd

Jan

Co_.

..Roybar Chibougamau
Rupununi Mines

Jan

17c

Jan

•

Oil

L9c

158

9

*

87/B

12c

common

Feb

1.02

Ve

Amulet

2.85

12 %c

Royal Bank

51c

10%

10,000

Waite

100

11

Lac.

Feb

10

1

1,600

Cotton

Long

Roxana

22

98c

66c

Vicour Mines

9

—

Rochette Gold

Jan
Jan

3,040

9c

Jan

B'/aC

55c

18%

Jan

5

3.10

20

158

Hill__

Canada

25

60c

Steel

Upper

21'A

60c

___.

Preferred
Roblnvson

68,500

,10

10'Ac

8

A__.

A

17c

99 c

1

2.15
class

Jlan

51c

Corp class

United

Jan

Feb

•

preferred

Feb

28%

4%

1

A

36C

Jan

2.54

14c

0

preferred

Feb

230

21%

Feb

1.62

26%

6,240

51c

Resources

7

Jan

26c

4%

__100

class

-

2.90

1

1

>

2.75

._-e

_.

y

4%

Mining

6'Ac

Textiles

__

1

i

Mines

class

17c

13,000

*

Mines

B

500

11c

1.65

Union

B

19c

'AC

—

Explor

United Fuel

4'

19c

1.60

9

9

3.15

Regcourt Gold

Riverside

5c

1.62

•

Class

Feb

13

340

J

common

Finance

Class

Feb

100

82

■'

Silver

United

Feb

75c

13%

1

;

Preferred

Mines

4%

Jan

81

Gas

9

Macdonald

Renabie

Feb

60c

13'A

1

17c

3.10

Milk class A.

Reeves

Feb

Jan

1,300

-

4%

Feb

Jan

14%

1.55

60c

Quinte

11,100

Feb

9

22

Jan

1.02

7c

Quebec Labrador
Quebec Manitou
Queenston

50

73c

Jan

Jan

20%

Jan

7
83

Jan

7

340

54c

Feb

81

STOCKS—
,

4%

68c

Jan
Jan

6'A
82

Jan

42%

5,500
*

Feb

12%

52%

Jan

Jan

1.47

Mines——.

Jan

3.65 Jan

Jan

35c

11%

Flour preferred!-!—.

2.34

\

71c

15 Va

Dome

Purity

3,365

22

45c

Jan

1.42

1

Mines

Winnipeg Electric

40%

14%

Metals

Jan

3,100

81c

73c
•'

—

Jan

12c

Jan

7c

42 Vac
y

Jan

800

40%

A-

Corp

2.25
3.35

35c

40c

Mica

8%

Feb

Jan

5c

10c

5%c

Purdy

8%

21%

•

Jan

40c

40%

East

20

8%

Jan

Jan

150

83

Jan

19'/a
23c

1.33

4,253

6%

0

West

9c

2.20

Gold

trust

50c

83

34 c

Feb
Feb

Jan

Vac

11%C

River

Rouyn

49c

6%
'

——

Feb

17%
18c

3,700

'

2.90

Ventures

Jan

1.06

Jan

3.35

Reef

Powell

Preston

45,500

6c

4c

Jan

6'%

27

Gold

Powell

Pressed

21c

38

Gold

Voting

1,000

Jan

9V8C

Mines

Porcupine Peninsular

Power

1.00

%C

4c

Piccadilly Porcupine

Porcupine

31,300

5

5 VaC

Photo Engravers

Pickle

1.34

1.18

Jan

75c

Gold

Pioneer

36 '/a

5 %c

Jan

Jan

Feb

1.O10

,

6%C

V

Jan

2.30

Feb

19

Jan

70c

39%

19 VaC

Gold

Perron

7c

Feb

13 %c

38

—

Mines..

8Vac

33,735

________

Cons

5

2.60

1.25

Oil

Mines

Malartic

1.20

2.30

5%C

Cadillac

Paymaster
'

18%

5 Va

15 %c

Hershey Tubes
Pamour Porcupine Mines

Pan

6c

18%

2.35

fcaramaque

1.35

6%

Union
•

1.78

5%

Page

>

1.33

1

—

Transcontinental

Jan

40c

15c

Petroleum

Pandora

225

4,100

ic

1

Gold—

Gold

Towagmac

Jan

1.20

."

Mines

Pacific

25c

6,350

17'A

18c 19 Vac

1.35

33 %c

Jan

*

Toronto General Trusts

Jan

9c

1.65

common-

Lake

17%
18c

1

Traders

39,000

15c
—

Lake

Jan

—___10

Toronto Elevators

Jan

lie

*1.73

Gold

Osulake

4

0

Mines

Pearson

Torbrn

Jan

'

Exploration

Red

Osisko

Feb

25c 25'Ac

Thompsoli-Lundmark Gold Mines

Jan

7%

'r- :

Orlac

19,950

33 %c

Tip; Top Tailors_____
Toburn Gold

Jan

58%
20c

Jan

57c

common

Orange Crush
Orenada

33 %c 36 %c

Mines

River

Tech-Hughes

Jan

84c

36c

>

39c

——___,

Steel

Jan

Tamblyn Ltd

31,767

1.30

Omiutrans

Cons

23c

3.10

Mines

Gold

Jan

99%

common

Sudbury Contact

68c

•

"

Omega

26 %

Feb

*

Rock Iron

Jan

57 Va

Malartic

O'Leary

30

Jan

97

4%

Steep

Jan

13c 13'Ac

Oils

Okalta

Feb

23%

30

1

Stovel Press preferred

17c

56%

Gold

Star

28%

345

Jan

.4 VaC

54c

Mines

Canada

Inca

300

25

22

._

9c

•

Feb
Feb

29

•

Steeloy Mining

1,500

v

1.10

Mines

Northern

93

98%

0

Gold

Canada

6,250

6c

__

Mining

Norseman

Jan

25

of

20c

57%

._

Gold

94

98%

*
common..

Feb,

15c

Feb
Jan

56c

Malartic

io

24%

•

Jan

104

Jan

7%

28 %

*

Preferred

Feb

2.50

Jan

Feb

4 VaC'

56c

,

Steel

'

Mines

Feb

98%

Stanley Brock class B
Starratt

19c 21 %c

Nipissing Mines
Noranda

7

24%

0

Oil*

Standard Paving common
Preferred

5'Ac

8 VaC

19c

Mines

Norbenite

100
,

Feb

Jan

9%

28%

100

9c

8 Vac

Yellowknife

Nicholson

41c

Jan

250

•

Mines

11c ll%c

11 Va c

..

Thurbois

New

55c

Feb

9'A

1

Chemical

5c

Oils

Feb

32 %c

9%
94

1

18c

9%c

Pacalta

New

Nib

Gold

Gold

Norzone

New

40c

11,400

9%
94

Co

Sullivan
New

63,100

36c

40c
32 %c

Jan

30

A__

Car

(Wm)

55c

48c

32 %c

7%

Preferred

Jan

Mines

Negus
Nellson

Jan

pfd____100

Dairies

Stedman Bros

National

National Trust

Jan

17

100

Brazeau

Standard

Feb

0

^

17%

Feb

7

Springer Sturgeon

Jan

11%

12%

B____:.

Pipe class

Feb

16

Jan

8

Jan

16

210

•

Southam
South

12%

13 v

2.59

1,270

i*

j

Malartic

Feb

Jan

12%

.

Jan

17
17

I

Gold

Jan

3%
12C

25c

class

2.10

16

*

Class B

23%

20

::

_

Hosiery

44,687

1

High

16

1

____

A

Simpson's Ltd class A

Jan

0

common...

National

.

Low

2.23

17

y__

class

______

Stadacona

Drug

Range Since Jan,

High

2.11

16

„

Mines.—;

Dairies

Silverwood

Feb

,19%

50

Shares

Jan

6 Va

common..,

certificates

trust

Preferred

Mosher

Low
2.15

—

Breweries

Voting

Silanco

Feb

12%

21

Morrison

for Week

,
,

Jan

12

-

40c

*

common

Sales

Range
of Prices

Jan

Montreal Locomotive

Corp

Week's

Sale Price
Par

Jan

Silverwood
Model

11

STOCKS—

7

16

4:

MARKETS

FEBRUARY

High
12c

Jan

1.35

Corp

ENDED

(.737)'

Last

17

_

WEEK

CHRONICLE

Range Since Jan. 1

6c

Grain—

FINANCIAL

LISTED

FOR

Low

9%c

common

Pacific

<f t,

Friday

Shares'

high

9 Va c

Mid-Continent Oil
Midland

'?

;■

for Week

of Prices

Par

McWatters Gold

!

Sales

Range

Friday
Sale Price

tV'

•

COMMERCIAL '&

CANADIAN

STOCKS—

,

■

Number 4777

Volume; 169

„j'; (

Jan

;

42

the: commercial

(738)

-

&

Monday, February 14, 1949

financial chronicle

OVER-THE-COUNTER SECURITIES
Quotations for Friday February 11

fV'

Obligations Of Government Agencies

Investing Companies
Far

Mutual Funds—

Fund

Affiliated

•

r

1

Securities

Aeronautical

Bid

,

,

8

of America

Bond Inv Tr

Inc

Fund

Boston

Bowling Green Fund Ino
Broad Street Invest Corp

6.70

7.42

14.25

15.41

15.48

Industries

Baton A Howard—
Balanced
Fund

t

•<

3.95

First

Steel

3.60

lo

3.85
7.07

General Investors

-.-•■I

,.1

10.62

1

12,78

1

12.59

Corp.—1

7.67

8.29

1

6.63

7.25

1

6.10

6.67

1

6.37

6.96

1

4.13

4.51

1

2.98

3.26

1

4.48

4.90

Investors

Bond
Low

series
Priced

Preferred
Income

Bond

Stock

Series

Series

Series

Series

5.38
3.16

—1

13.45

8.24

1°
Electrical Equipment shares lc
Food shares
1—-,
1°
Fully Administered shares—lc
General bond shares
lo
Industrial Machinery shares lo
Institutional bond shares—lc
Investing Company shares_lo
Low Priced shares—
lc
Merchandising shares
-lo

New

England

Fund

New

13.73

5.52

6.37

42.36

5.48

_1

5.73

.1

7.24

9.48

supply

Chemical

-1
1

10.61

Diversified Investment Fund-1

5.25

Diversified

5.38
5.83

6.79

7.37

5.67

6,16

series

bond

Diversified

6.55-

Industry

9.76

Insurance

stock

1

10.83

..I
1

4.56

Merchandising

7.36

Metals

7.42

5.63
4.58

^-1

7.55
9.61

equipment

1

Tobacco

2.61
3.86

Putnam

Republic Investors Fund
Russell Berg Fund Inc

4.76

,

10-

1-48

7-

1-49

bl.55

1.40%

1.65%

11-

1-48

8-

1-49

bl.55

1.45%-

-1.55%

8-

2-48

5-

2-49

bl.50

1.35%

1.60%

12-

1-48

9-

1-49

bl.55

1.40%

1.50%

12-

1-48

5-

2-49

bl.50

1.35%

1.60%

1-3-49

10-

3-49

bl.55

1.45%

1.65%

9-

1-48

6-

1-49

bl.55

1.35%

1.55%

2-

1-49

11-

1-49

bl.55

1.45%

United Stales Treasury Bills

1.56

Bid

(Geo)

Shares

Co

Investment

of

lc

America

Television

1.10%

1949

bl.16

1.10%

31, 1949

bl.16

28.32

23.08

25.18

15.70

17.13

9.13

9.97

15.00

16:37

18.86

*

46.50

March

1

A—1

New York

12.92

Fund-^J
Fund—J
Shares__l

Par

18.39

Fund

8.72

United

Fund series

Income

Fund

18~45

Bank

10.32
4.02

38

1QQ

98%,

9.03

9.21

16.33

17-83

Chemical Bank ft Trust-

15.0Q

16.13

Commsreial National Bank ft

Co..—1

3.26

3.53

Trust

Co

10

40%

Exchange Bank ft Truat_8Q
Impiro Trust
00

86

Federation Bank ft Trust

14

Fund—*

87.48

89.27

Series

42.38

43,25

Series 1956

Fiduciary

—I

Trust

53

>

89

81

Home—

30

65

-Bid

—

Automobile—
Casualty

American

American

AsSgrjoah Equitable

Assur

•

02.10 Prior preferred

23%

13%

Massachusetts

8

20 %

22%

Merchant

22

-•*

01.05. Convertible

2%
10
-25
10

13%
17%
28 %
60%
38

,

-

Fire

10

preferred-0

20

85

National Union

—

10

66

.1978

0

20

-

85
53 %

Oram At Forster Inc

10

36

Mnployees Group Assoc
Employers Reinsurance

•
10

33'A
59

Casualty

Life

York

28

4

%

North

-

Fire

25%

0

53

36%

Federal
Fidelity A Deposit of Md
Fire Assn of Phila
Fireman's Fund of Frisco
Firemen's of Newark

10
20
,10
10

Northern

Fire_

Globe

ft

Republic

Indemnity Co

2nd

Oreet

preferred
American

(N Y)

47%

28
49%

10

11

30 %

32%

Standard Accident

33%

—2
—10

Travelers

26

15

32%

10

32%

34%

119%

122%

Security

12%

:

Hartford

Fire—

io

Hartford

Steamboiler

10




36

1978

8s

England Power 3s

\

1978
:

%

1

,

Haven)

Springfield Fire & Marine

38

U

S

1

••

Edison

103%

102%

'

3%s

' 100

1

101

"104

'

Penna

104

103

>

28

West Penn

Power

1978

3s

Power

3s

1978

103

103%

Fire

Co

20%

.

102

100„

88%

pfd—100

102%

102

Lt

ft

4.60%

90

107%

(Colorado)

;

107%

pfd_100
pfd—100

104

105

103%

104%

4.40%_100

Edison 4.70%

Ser

106

107%

1Q8%

(Indiana) —
preferred

Service

of

New

1

100

Mexico_7

_____100

X83%-,

86%

14

14% f,

102 kl["

104

*

;4'A% preferred

Texas Eastern

Corp

w-100

Trarfsmission.

"A".

*■

101-

103

__l

12.%'

>.

12%
1%

1%

30

10

45

'

a

-

35 %
6.65

52'A

63

change.

in
n

year's

(not included in year's range)

range),

e

Ex-Interest,

Admitted to trading N." Y. Curb,

f Flat

b Big yield price,

,

price,

r Cash

sales

k Admitted

d Deferred delivery
to

listing

on

73%

76%

20 %

22

N.

Y.

(not included in year's range),

sales

(not

Stock

Ex¬

t Ex-stock ',

,

dividend.
x

Ex

(Un)'Admitted

dividend,

y

to

EX-rights.

Unlisted
z Ex-stock

Trading

privileges,

wd When

delivered,

dividend.

54%

60

Odd lot sale

included

47

2
10

new

19%
91%

Tennessee Gas Transm's'n Co—

35%

6.40

5%%

t5'A% preferred
:

86

33%

20

—

,,

52
33%

——10

-23.

pfd-100

.

Pow

Public

35'A
,;

Ask :

22

Laboratories

&*Lt 4%%

Pow

3.50%

3%

55%

•

Public Service

89%

33 %

(Allen B)

104 %'

1977

—

4

U S Guarantee
Westchester

v
Bid

Refining

convertible preferred

Okla Gas ft El

'

Diego Gas & El 3t^—1978

Wlsc-Michigan

83

100

Fire

;

9'A,

1 '600

570

England Gas ft Elec—
preferred
..100
Gas—
4.50%
preferred
—100

103%

102'A

1978

f

San

92

~

&

preferred

4lA %

.!

10

10

Surity
(New

100

.

Pub

81%

5

Seaboard

U S Fidelity & Guaranty

Hanover Fire

,

6%

3

Oil

Potomac

27 %

53 •'
86%

10

5%

104

Elec

Psciflo Pwr ft Light,*%«L--1977

104

5

(Texas)

5

' 39'A [6
"** 70

-

,8 V8,

Par

conv

Tucker

Reinsurance Corp

Republic

67

Kentucky Utilities 4%% pfd-100

...

.

16

89

10

10
5

Glebe ft Rutgers Fire com—15

103

',

5%

10

Preferred Accident

77
15%

5

J02 %

■

v

.

Ohio .gomr-fi*..

v,

25 %

1

25

Phoenix

66
80
16%

•:37'/2

—10

Trust..

States

Florida

-

174

63

Bank ft

N Y State Electric ft

14%

12.50

Pacific

35'A
62

Trust-lf^

-

.

New

32

6

St Paul Fire & Marine

General Reinsurance Corp
Glens Falls

101%

Utilities:' 3s_

46%

2.50

Providence-Washington

60
167

100%

■

38%

30

44

0

River

'-

Narragansett

27 %

51

2

Pacific

*

84'A

National

-DU Mont

100'A

States

,

8

.10

Northeastern

89 ^
55%
38

81'A

101%

•»'

•

,

1969

1

30%

7%

10

Fire

21%

-

10
10

General

.

IOC/a

1979

3s

J,

29

(Detroit)—10

Amsterdam Casualty
Hampshire Fire

New

20

Guarantee & Trust

Ashland

103

102

96%

Potomac

68%

40 V2

Stocks—

Ask

Louisiana Pow ft- Lt 10^0^.1978

49 %

24

27

0

Assur

46%
23%

90

Geoneotlcut

•

'

New

*

2.28j

38 VsT

Security Issues

—1967

Gulf

15%

0

Bonding

National Causalty
National Fire

62%

Bankers A Shippers

Continental

Steel

; ■ •

•

<

Cudahy PaclclngK'RflfatA

New

15
19
30%

New

Fire

Bethlehem

112

14%

45 %
12 Va

American Fidelity ft Casualty.8

„

United

68

Merchants ft Mfrs

American of Newark—
American Re-Insurance—
American Surety
Automobile

30%

108

41%

10
i
5

American Alliance.

Title

$1.20
/•>

10
20

Maryland Casualty common—l

Agricultural

-

51%:'

2.22

Trust

Nat'l

Sterling

Ask

0:28%

Insur Co of North America
Jersey Insurance of N Y

54%
56%

45'A

49%

Ino^

1

Par

—

52%
54 Va

Public

,

\

33

31

Bid

Arkansas Pow & Lt 3Mis.

10

1,045*

ll

Bonds—

Ask

10

16'/af

43%

Co.

31

rs.%
1,365

,

City Bank

York

15

■'

Recent

10

New

.

2,23

Insurance Companies
Insurance

National

P)

270

29

^IQ

3.24

_1

1955—

51

10 "
10;

Trust
& Co

(J

„

*12.45

261

11

10

2.41

North Amer Trust Shares^

Manufacturers

Trust—,

2.11

-100

z

Tryst
Kings County TrustLawyers Trust

*

Ask

Bid
11.35

Bank

Trust

industrial Bank Of Commerce_10

40'A

Independence Trust Shares—1

Second Fun<L-1A

Life

1.11%'

Irving

30%

38'A

Corn

9h*xs»—

*

88 '/2

38'A

7.35

Loomis Styles Mutual

Aetna Casualty ft 3urety

bl.17

Morgan

.

6.38

-4.32

Aetna

1.11%,'.
1.11%,

Par

Guaranty

101%
•/.*

34'/2

.

20;.
ft

40

85 %

'Stamped,

Series E__.

-I

Aetna

bl.17

First National

3.33

•'.

—

Bank

3.18

2.80

Diversified Trustee

Fund-

Bid

i.ii%i;:

bl.17

Ask :

-10

?

Central Hanover Bank ft Trust 20
Chase National Bank.
.10

Unit Type Trusts—

4.39
.4.73

Par

May 12,

26'A

Bankers Trust
9.48

1

Investment

Bid
24%

100

Continental

11.26

8rl (Low Priced com Stks)^4

of the Manhattan Oo~ 10

Brooklyn Trust

6.5.0

i

Inc

;

Bank of New York

5.80

4

;

Wellington Fund
Wisconsin

14.10

,

(Appreciation com Stks)_l

bl.17

1949—

5,

Cily Banks & Trust Gas.

9.67

17.34

Whitehall

27,25

24.98

1949.
1949.

1949.^

28,

May

72c

65c

2Q.57

-

April
,

-

49.50

8.87

Wall Street Investing Corp
:

1.11%;

6.14

Corp.*

Union Preferred Stock

•

1.10%'

bl.17

80c

Union Common Stock
27.08

,

19%

5.61

Shares—-JOo

C

7.48

bl.16

1949.

1.10%

72c

Inc

B

12.51

Loomi* Sayles

bl.16

March 24,

1

Investment

Bond

Series

6.83

Knickerbocker

1.10%'-

1949

—I
1

Union

Series

Stocks)—.1

bl.16

17,

20.82

12.49

12.23

com

1.04%

1949

25.16

10c

Inc

Co

Fund

25.12

1

an (Income

Street

11.40

Keystone Custodian Funds—B-L (Investment Bonds}
1
B-2 (Medium Grade Bds)
_1

B-2

bl.16

10,

18 %-

Inves

23.11

(Low Priced Bonds)
il
(Speculative Bonds)
1
K-l (Income pfd Stocks)
1
X>2 (Appreciation pfd Stks)_X
8-1 (Quality common Stks)-l

3,

1949-.

10.27

1

B-4

March

46.76

lo

B-3

1949

14,
21',

March

9.49

Trusteed Industry

1.10

1.00

Investors Management Ftynd—1

Investment Trust of Boston

7,

April
April

March

Shareholders Trust of Boston—J

82c

74c

..lo

April

1.00%

2.45

14.96

46.76

State

.

0.90%

bl.16

7.87

7.17

Ask",

Bid

Ask

bl.15

1949

27.05

—•

Inc

Sovereign Investors

Ltd—

1949

24,

2.23

13.91

2%

Fund

20.49

lo

Fund

17,

Feb.

15

6
1
1
1

Trading

Selected Amer Shares

1.60

18.82

&

Scudder, Stevens & Clark

5.17
4.41

8

shares
Bank Group shares
Insurance Group shares-,..
Stock and Bond Group

"

1.65%

1.30%

Feb.

4.49

4.13

4.08

10c

Aviation Group

/■

1.25%

bl.45

10.53

Railroad

7.31

4.33

Institutional

„

bl.40

1-49

8.27

Utility

Standard

•r„.

1-49

4-

6.42

Railroad

5.08

Ask

Bid

Due

3-

1-48

5.02

5.86

Public

7.26

4.67

Dated

Rate

Ask

,

1-48

6.17

1

9.69

2.39

Bid

^

11.08

1

0.71

9.23

5.68

.Due:-;

8.47

10.11

1

6.18

6.74

Credit Bank Debentures

Dated

15.25

Pacific Coast Invest Fund

6.69
5.23

7.73

13.92

1

3.55

Investors

100.0090

9.45

8.62

8.05

3.98

Incorporated

1950

9.74

6.78

4.19

lc
1

100.0070

1,

7-

11.87

8.89

Machinery

"

lo

100.0226

1,1950—"

Feb.

6-

7.81

lo
lc

lnc_
Income Foundation Fund

1949

15,

.9900
.9801
..0276
.0391
.0245
.0280

*.55%

10.50

7.13

lc

Fund

100.0151

1.55%

10.70

preferred stock—1
equipment
1

9.58

Electricial

9.18

8.47

Rate

3.77

5.84

Federal

11.26

3.44

6.03

Petroleum

Plan

1949

tl'As

10.39

Building

5.57

Tobacco shares
Utility shares--

99.9811
99.9725

1949

1,

11'As Jan.

7.29

Howe

Dec.

1,

7.93

_1

4.92

6.72p

Steel shares

Oct.

tl'As

10.50

stock

5.13

shares
Equipment shares-

July

'

6.28

-J

9.58

Bank

10

shares

Railroad stock shares

,

tl%s

tl%S

.0081-

6.01

_1

Aviation

Railroad Bond

t ■

1, 1949
U'/aS June 1, 1949

.0067'-

100.0004

Apr.

Stocks Inc—

Automobile

45.55

4.59

York

Agriculture

5.41

RR

,

tl'/eS

Ask

Bid
100.0005

,

1.84
23 %

lc
lc

shares

Mining

Petroleum

Maturity—

Certificates of Indebtedness—
{1 Va
Mar. 1, 1949

'.1496

9.03

1

Low Priced Com Stock Series 1

3.66,
23.32

12.53

-

1%% 100.1273

14.42

-1

Treasury Notes—
{April l, 1950_

3.26

1.68

lo

Building shares
Chemical shares

121

Price

Ask

Bid

3.45

2.98

Int. Rate

Maturity—

5.88

Selected Group Series

5.8,7

lo

119%

1901

U. S. Geriificales of Indebtedness
Dollar

Industrial Stock Series—wl

21'A

lo

100.6

-

13.52

Inc

Securities—

16.12

3.51

-*c

Automobile shares
Aviation
shares

100.4

—

Other Issuta

13.97

Invest Fund

Corporate

Securities—
Agricultural shares—

100.7

100.5

•

11.48

25.10

21.94

Group

Ask
100.3

4.25

15.07

—1

Trust

1950

<,

25.38

23.47

-I

Corp

Capital

Qeneral

l%s Jan. 20,

J.00.1

10Q.2-*"- 100.4

7.75

23.48

Speculative

2
Fundamental Trust shares A—2

Bid*

Vl%s Apr; 15. 1949—
1.65s July 22, 1949- —
.1%'s Sept. 15, 1949

,

98.24
98.30
101.20

Panama Canal 8s

National Security Series—

1.44

—

100.2

4.22

lo

shares

National

5.65

——

point

Banks—

Loan

Home

3.87

3.83

99.28
98.16
98.22
101.12

1, 1955-1953

1,

Federal

Ask,

3.44

3.51

i.—.

1952-1060
1, 1953-1951

2%s Feb.

;

Bid

3.97.

3.12

Balanced Fund

14.10

1.31

lo

shares

Nation-Wide

3,130

5.20

1

First Mutual Trust Fund—
Fundamental Investors Inc

1950-1949

1,

1 %S Jan.

3.65

Mass Investors 2d Fund—

148

12.90

10

Corp

Boston

Oct.

i*4» May

,•3.80

Manhattan Bond Fund Ino—lOo
Mass Investors Trust
1

13.32

2,980

}

1 %s

3.25

3.44

3.31

lo

shares

Petroleum

4.95

143

—-—5
Industrial Fund Ino.1

Financial

r-,t>

3.64

—Jo

Furnishings shares.

Paper

33.78

12.31

Inc_

Fidelity Fund

i.

3.37

2.94

V.

Federal Land Bank Bonds—

16.96

31.42

--1

Stock Fund—
Equity Fund Inc

3.05

shares—lo

Stock Series

•,

Figvres after decimal point represent one or more 32nds of a

Ask

3.30

lo

shares

None-Ferrous Metals

Mutual

2oo

Shares—r

19.76

7.41

--1

Fund

Delaware

96.32

18.28

Ltd
1
Canadian Inv Fund Ltd
1
Century Shares Trust—
-1
Chemical
Fund—
-1
Christiana Securities com—100
Preferred —
100
Commonwealth Investment
1
Dividend

2%

92.47

Home

7.24

,5%

2'/a

General

15.00

4'A

Fund

Bullock

8%

13.80

,

1
1
.*
1
lOo
5

Corp
Blair Holdings Corp
Beneficial

Automobile

Business Equipment shares, lo
Drug shares
lc.
Electrical Equipment shares-lo

3.89

8'

1

Axe-Houghton Fund Inc
Axe-Houghton Fund B

f...

3.81

3.55

Bid

Managed Funds—

26%

25

Par

Mutnal Funds—

.

4.79

4.36
3.49

iV«

Inc

Corp
1Q
American Business Shares
1
Associated Standard Oil&tocka :'
Shares series A
—2

Amerex Holding

-

Aak

:

^No par value,

tin default.

tThese bonds

are

subject to all Federal taxes.

wi When

issued/

Volume 169

Number 4777

THE

THE
Bank

with

clearings this week show

a

based

year

increase compared

an

the. country, indicate, that for the week ended
Feb.

12,

from.

We

Our

year.

for Jthe

stand

against $11,739,731,191 for the

this center there is
a. gain for the week ended

13.6%.

At'

according to the Federal Reserve Districts
are

cases

week

ended

Feb.

5.

For

that

week

the totals show

was

of

293 in the

week in 1948.

same

Outside of this

city there
clearings at this center
decrease of 4.6%. We group the cities

increase of 1.7%, the bank

having recorded

TELEGRAPH

a

the totals record

a

falling

District

Reserve

improvement of 14.4%, in the Rich¬

of
8.1%
and in the Atlanta
Reserve District of 8.6%. The Chicago Reserve
District
has a decrease of 2.7 % and the
Minneapolis Reserve Dis¬
trict of ,5.4%^ but the St. Louis Reserve
District has an
increase of 10.8%. In the Dallas Reserve District there
is a gain of 1.7%, but in the.Kansas
City-Reserve District

decrease

a

an

mond

however, which
to

there

(including this city)
4.4% and in the

off of

Philadelphia Reserve District of
2.9%, but in the Boston Reserve District the totals
regis¬
ter a gain of 0.1%.
In the Cleveland Reserve District

has to be estimated.

able

are

we

m which
they
located and from this it appears
that in the New York

District

1.7%, the aggregate of clearings for the whole country
having amounted to $14,103,830,024, against $14,341,170,-

Friday of

was an

BY

the

as

by

week.

give the final
and complete results for the week
previous — the week

Our comparative summary for the week follows:
CLEARINGS—RETURNS

next

today, inasmuch

present further below

we

$12^29®,172,552

at

covered

of

43

CLE ARINGS

Saturday and the Saturday figures are not avail¬
going to press. Accordingly, in the above
statement,

week in 1948.

same

week

issue

our

the last day of the week in all
In the elaborate detailed

corresponding, week last

preliminary totals

in

(739)

able at time of

clearings from all cities of the United States

4.8%-above those

will appear

furnish them

cannot

ends

Saturday,

whi<Ji it is pos$ible to bbtain weekl

be

foregoing

CHRONICLE

BANK

Complete and exact details for the
the

us,

telegraphic advices from the chief cities of

upon

FINANCIAL

C 0 »RSEOF

Preliminary figures compiled by

ago.

COMMERCIAL &

there is

a

loss of 9.2% and in the San Francisco
Reserve

District of 2.4%.

Per
Week Ended Feb. 12—

1949

New York__ J

"on

Cent

)

$5,754, 905,115

536,034,250

rhiladelphia—
Bo.

1948

$6,537,801,805

520, 397,124

Chicago—
;

810,000,000
:

224,559,104
u

San Fram 1«go^_

:

Pittsburgh-ci_^„___
Cleveland-,--:.-.;.——

Y

282,552,000

.•

;.

243 742,000

262,790.876

a

Federal Reserve

'

J

"

Y

•

12

3d

YorkY—

Philadelphia

4th

7,549,672,106

Ten

cities, five days

Other cities, five

•

$9,749,504,675

r-

"

_____11

907,480,720

7

"
"

10

"

+

1'6

"

4

"

7

"

11.2

2,202,660,350

+

9.6

-

Chicago

8th

St.

9th

Louis

$12,163,962,900 $10,967,431,616

cities, five days.

135,209,652

+

10.9

Kansas

11th

Total all

Dallas

$12,299,172,552

"

$11,739,731,191

4.8

+

Outside

the

York

Stock

Exchange

is

Y.

January in 1946 to 1949

BANK

Description

CLEARINGS

omitted

-Month of January

Stocks-

1949
shs. +

of

1948

18,825,034

20,217,606

368,317,495

429,468,641

473,161,849

"
"

265,032,540

"

741,459,275
14,103,830,024

FOR

14,341,170,293
6,690,674,964

LEADING
8

CITIES

IN

JANUARY

YEARS

1949

1948

:Y$yy

$

1

$

$

1943

23,556,803

51,510,197

$

$

Foreign

398

<379

324

293

374

338

339

272

187

118

116

101

85

77

63

70

$62,187,600 $102,419,300

Bank!

171,000
7,300.900

U.S. Government

115

1

bonds

$175,742,400

1,763,000
7,013,200

v

6,845,700

10,121,400

185,000

126,500

1,059,500

y

65,000

$118,518,700

256

222

199

168

168

142

122

348

381

337

284

288

291

239

226

390

397

333

244

214

216

172

165

410

452

410

334

272

250

204

173

3.1%.

245

241

211

161

144

129

124

124

547

a

539

497

426

379

328

297

253

$69,724,500 $111,380,500

$125,490,900

$186,923,300

430

377

269

240

211

179

181

480

444 :

389

393

387

340

285

252

195

153

142

128

117

108

107

104

87

"72

76

r 63

72

57,720 55,249

54,132

48,102

41,280

34,022

31,131

6,146

5,523

4,783

4,041

3,948

;

Indian'polis
Richmond

Memphis
Seattle

_

444

—

York

Stock

properties

the

on

Exchange for the first month of 1946

to 1949 is indicated in the

241

Hartford

114

1949

1947 v

1948

No. Shares

No. Shares

No. Shares

18,825,034

20,217,606

23,556,803

8,976

Ail—

64,915

66,696

62,775 60,278

53,625

46,063

38,063

34,298

35,545 31,247 26,668

24,682

22,769

19,661

FOR

IN

CITIES

LEADING

New

3d

14 cities

York

14

Philadelphia

4th

JANUARY

16

Cleveland

^_17

1949

omitted)

1948

$

S

.

1947

$

$

$

,

1943

■

$

■

>"Y,

York

Chicago
Boston
Phila.

_

3,122

23,293

18,402

16,937

2,622

2,350

2.068

1,809

1,854

1,962

1,870

1,649

1,605

1,435

3;261

2,944

2,759

2,504

3,782
1

1,177

1,257

878

1,299

1,246

1,117

1,066

1,123

1,685

1,853

—

Fran._

1,072

-

1,628
836

•765

773

699

576

City

1,350

1,577

1,305

Cleveland—

1,383

1,370

Minneapolis

1,130

New Orl'ns.

522

•

10th

"

Kansas

1,020

Kansas

___'

570
431

1,042

957

851

732

1,190

1,004

977

933

819

1,005

875

657

621

480

523

489

447

434

365

331

We

add

now

1,416

Outside N. Y.

The

504

■f

"

Y .Y

Reserve

425

Portland—,

'Y"'

•

V.

:

71
i

;

"

following compilation

7

covers

1

v 115,058,300

•_—>>7:'.

6,049j456

———I,,2,391,478,296
District—New

110,580,289
>

j,

2,319,530,127

103,987,481
13,685,918

381,191,3804
8,156,712
:

9,107,639

30,617,384,409
;
*

,

31,151,197,802

86,513,320

89,366,436

59,431,448

58,243,443

'
:

1

8.7

3.S
•

9.5

+

66,696,329,329

v

:

Oranges———

cities)




a

2.7%,

by 2,8%, but in
are
larger by
its

credit

1947

2.8

—

1.1
0.7

—

$

5.5

—

5,367,117,662

4.2

—

1,961,152,510
1,513,912,944
■2,463,167,781
1,818,377,486

8.8

—

—12.5

1.3

+

1946

2,197,198,857
34,484,352,530
3,407,121,461
2,921,172,933
1,528,560,749
2,208,362,081
4,596,245,644
1,561,206,449
1,248,080,514
1,946,142,595
1,523,705,005
2,656,090,143

3,963,522,931
3,355.937,457
1,710,165,637
2,638,631,785

2.0

+
—

;

$

<2,346,414,516
32,563,168,918

1-7 ;

—

7.7

3,073,570,351

—

2.7

62,775,139,978

60,278,238,961

—

3.5

31,247,446,877

26,668,231,983

—

,

1.3

1949

$

':

:

.

'

+
'

-

j
.

Y-

4.9

.

.

2.9

45,820,296
10,605,400

+ 5.3

116,145,100
5,220,236

31"

2,346,414,516

+

1,870,456,219

4,431,405
424,839,388

•6,173,068

426,621,793

l;534,946

1,560,380

779,946

731,332

4,076,684

6,315,954
,

-

25,051,770

1,779,711
v:■■>.

19,7-03,235

1,816,346

6,977,011

7,414,045

—

—31.1

5,375,067
25,204,013

12,392,694 Y;:

12,956,956

101,514,900

25,730,100

25,585,100

4,328,446

1,321,985

2,197,198,857

515,176,493

10,496,900

;

;

1,346,838

;;

514,807,985

.

1946

$

1,855,927

8.7

+

i

$

4,485,852

+
—

—

405,907,668

399,694,891

1.6

1,399,023
699,525

1,517,869

5.9

6,382,690

•

4.8

4,425,529

+ 14.3

1,312,022
-

5,607,314
-

-

—

+

4.4

10,819,218

...

27,889,800

-

1.8

0.1

+

+

6.3

89,143,705
11,001,779
337,858,697

—

8.5

1.6

11,123,432
284,034,502

€.549,009

—30.0
—

5,025,501

57,039,976
"

13,142,823
3,-147,769

13,481,328

2,630,377
83,206,485

1,929,318

—11.0

'7,337,706

5,842,938

1.7

1,745,255

31,527,693,101

33,610,006,978

7,296,424,012

^,072,614
7,650,495,329

79,233,980
49,365,304

69,157,490

23,589,553

20,461,303

40,721,453

15,930,545

—

—

3.2

+

2.0

+

2.2

13,882,344

11,234,180

47,832,362

3,188,060
187,066,571

3,255,406

+

8.7

803,985

172,695,691

2,818,716
141,280,412

915,936

172,130,301

48,153,166

220,506,287

+

1.5

45,517,310

219,941,394

198,740,433

47,200,872

51,643,580

7,380,917

7,139,136

31,736,268,221

32,277,034,483

+ 15.0
—

+

2.1

-

9,071,715

8,181,827

;
'

1,207,117

20,936,300
1,094,615

490,475,202

467;687,960

44,775,571

2.5

V

10,709,815

+ 19.7

65,380,402

4.9

1,346,983

13,363~579

11,831,266
"

3.4

7,157,413

—

32,563,168,918

34,484,352,530

7:549,672,106

7,897,955,239,,

2,564,767
-

56,038,534
1,071,314

—15.8

1,510,450

1,110,043

4.6

7,122,830,570

7,165^112,138

+ 15.3

18,075,468

16,406,776

14.8

10,349,261

8,736,701

"+12T9

ll,08~5~946

—

+

8,349,056

+ 13.9

746,602

655,393

5.8

39,241,971

32,183,000

8.6

49,098,833

45,821,522

4.4

7,333,220,044

7,349,067,831

+
—

5,653,581

1.7

10,318,587

2,843,749

1.2

+

8,131,547

43,458,879
2,660,545

•

—

r

84,223,146
1,835,450

—

'

4,075,777
20,116,929

,

0.6

—

540,106

1,291,504
'

23,884,984

—

•'

3,377,469

0.4

2.0

—

■■

1.459,206

6.6

—

1

5,116,527
28,813,265

87,097,774
37,931,403

1947

or

or

Dec. %

four years:

Dec. %

2,912,354

30,789,714

;

:

35,545,131,527

Inc.

Y;

16,286,015

2,942,613

22,625,228
104,310,005

6.5

$

2,119,431

7,920,188

■Yv

0.5

1948

;

$

1,459,515

3,948,555

3.6

Inc.

$

34,298,411,588

2.7

5,988,206

3,135,629

+

1948

$

Week Ended Feb. 5

1946
-

7,662,326
18,333,975
1,962,496,695
i:'
7,401,169
.

•;-

1949

or

—

9.9

+

—

month of January and the week ended
Fob. 5 for

1947

8.9

—

Inc.

223,801,398

7-

Newark.—

totals

District has to

or

3.1

+

Dec. %

55,014,281

:

N.J.—Montclair

was

Clearings Outside New York

1948

11,480,300

Conn.—Stamford—

Total 14

348,727,262
8,022,748
8,102,535

New York:

Northern N.J

2,964 766,453

$

$

8.9

+
;

5,745,758

.

—

—

•;

118,520.000
.

:9,-574,683
—

:

there

York—

Elmira.'—___

Utlca;—

:

V

48,480,146
11,748,300

Buffalo--—

Syracuse—■_

■:>
;.

107,372,508

.——50,242,351
_Y-.
Y 12,326,000

v.'Rochester:.

;'C

3.4.690,154

—Y.1.114,365,858

Reserve

+

8,640,365
:

—

—26.7
:

3,581,652

7,781,963

7;

the

Reserve

the clearings by months since Jan.
1, 1949 and 1948.

64,915,795,997

—

23,654,542

Jamestown
'

4,579,759

23,783,315

——

District

Clearings, Total All

Dec. %

V

1,912,792,185
9,855,995

N. Yc—Albany..

1

35,545,131,527

'

8,576,525

i_Y34,239,811,

Binghamton.

■

66,696,329,329

1949

Month of January
Inc. or

$

4,146,908

</

.

5' " 7

^ Total 14 cities)

77

$

V;

3,901,362

New HaVen.;
—
Waterbury———
R. I.—Providence
!

Federal

1948

20,992,238

"Y„.

Springfield:——

Second

64,915,795,997
34,298,411,588

January

19,159.838

.—

,';.j N. H.—Manchester—

'Yf

—

Worcester:.:.

7I

2,378, 558,845
3,689, 120,558

$

1,985,388,179
V1, -, 7,223,786

Y

--

-

Conn.—Hartford

77

/'7.7 1

-

New Bedford

';}

,>V

'•

;U—ii-:

Lowell—:

■

Y"

—

Holyoke__

;;

3,406,427,540

City.

Months—■

952

7,811,169

-

Fall Rivera.

-TY

•

.

Mass.—Boston:.

7,7-

"

"

183 cities

269

-

—u

(+7

1,706,888,152

District—Boston—

Me.—Bangor

•7'.

'.7

'

month

MONTHLY CLEARINGS

1949

:-7

Federal

1,872 097,776

6,255 984,822

2,594,880,614
2,409,555,408

720

1,381

1,684

Clearings at—
First

2,248, 864,867

11

detailed statement showing the figures for each City for the

our

v

.

1,532

1;219

4,156 003,201
3,790 083,861
1,864 655,660
2,879. 928,676

2,859,497,027
5,908,861,563
2,154,745,780

614

1,745

Reserve

Inc.

2,319 230,127
32,277 034,483

1,843,515,076

"

388

1,276

1,707

that

Chicago Reserve District the totals show a decline
of 5.5% in the St. Louis Reserve District of
4>2% and in
the Minneapolis Reserve District of 8.8%. In
the Dallas
Reserve District the totals record an increase of
1.3%,
but in the Kansas City Reserve District the
totals register
a
decrease of 12.5% and in the San Francisco
Reserve
District of 7.7%. y''.y ~y. ,yy
y\'.:,y •■y,>

19

'

Detroit

For

898
Y

650
498

-

of the clearings for

a summary

Dec. %

"

Total

859

719
/

today

January.

The Cleveland

1948

16

Dallas

'

Cincinnati-

5,121,574,415

In the

2,391,478,296
31,736,268,221
4,038,219,586
3,865,458,734

—15

City.

12th San Francisco

571

551

884

_

642
961

•

■

1,341

1,478

915

760

Baltimore

758

1,087

1,184

811

Pittsburgh-

Louis

"

7

2,517

3,950

San

St.

30

Louis

1,385

1,912

3,839

L—

28,943

3,002

3,398

1,985

—

.

31,527 33,610

30,617 31,151

„'

"
"

St

11th

New

"

8

Chicago

8th

1946

"

-16

r

9th Minneapolis

1942

"

Atlanta

6th
7th

1944

12,287,386,553

5,860,758,230

aggregate of clearings, having been $64,915,the 1948 aggregate $66,696,329,329. In the

$

Boston

2d

of the last

Month of January
1945

12,983,588;B00

-<S>

FOR 8 YEARS

(000,000

+

and

Boston

1949

5th Richmond

CLEARINGS

1.7
1.7

—

of

183,349,164
570,730,803

gain of 2.0%, but the Richmond Reserve District suffers
loss of 1.1% and the Atlanta Reserve
District of 0.7%.

a

18,142

7,526

Month of January—
Federal Reserve Districts

clearings at leading cities of the

month of January in each

the

;35,079

N.Y.C.

Out.

eight years is shown in the subjoined statement:
BANK

V

51,510,197

of bank

the

Y

8,874

1st

country for

'

1946

No. Shares

January
course

.

Tot.27cities 56,041

Total
Months—

—

Other Cities

following:

-t

462

—

621,927,805

New York Reserve District the totals are smaller
by 1.7%
and in the Philadelphia Reserve District

269

Paul___

Denver

The volume of transactions in share

The

795,997

St.

Salt Lake C.

New

1949

272

482

Milwaukee-

& misc.

govt._

Total

month

Buffalo

Bonds—

Internat'l

the

491

584
'

Railroad

$

537

487

Providence-

1.7

+
—

decrease for the entire body of clearings houses of

1942

509

—

435,126,251

2.4

583,210,077
320,756,495
452,746,840
712,276,414
318,479,350
259,104,423
323,974,962

<

267,255,452
398,017,154
211,540,080

9.2

We also furnish

the

Omaha

1946

2.7

>

Month of January
1946
1947
1'945
1944

532,798,465
826,136,777

5.4

—

260,661,937

■

i

467.687,960
7,349,067,831
'746,002,234

662,992,703
370,671,770

+ 10.8
—

759,980,978

*

Louisville-

1947

V

942,199,297
477,818,207

6,807,406,012

i $

Number

8.6

The

appended.

given below:

are

+
—

529,381,253

City

(000,000

results for

8.1

564,832,819

833,427,097

:

14.4

10

FOR

New

+

348,415,676

.

111 cities

N.

2.9

—

+

6

Total

7,333,220,044

764,705,772

18

12th San Francisco—.

Our usual monthly detailed statement of transactions
on

City—-

4.4

382,284,252

.

•

490,475.202

916,445,674

'

—82.5

772,299,575

.

Total all cities' for week—

_—

Minneapolis

10th

All cities, one day

934,444,463.

874,825,198
413,191,562
613,280,886

17.7

$8,764,771,266

2,414,458,225

days

+

6

1.5

—

161 091,208

Cleveland

7 th

266 777,049

189,$77,363

5th Richmond

8th Atlanta _U—_

Baltimore—_—f_J

1946

$

0.1

—

7,897,955,239

•

1947

+

514,807,985
.

or

Dec. %

$

515,176,493

"

Inc.

1948

$
12 cities

New

1949

Districts

2d

!

21.7

+

.

toy Federal Reserve Districts:

summary

1st Boston

5.5

15.9

+

Week Ended Feb. 5—

2.8 '

—

>224 505,082

:"v. 273,328,109

>

furnish

we

SUMMARY OF BANK CLEARINGS

2.5

—

237 400,000

224,400,000

-/>

—

280; 929,904

•

following

3.0

+ 14.7

706, 000,000
"419 023,784

408,361,168

._

Kansas City—c_:
St.

In the

+ 13.6
+

3.5

?

44

(740)

THE

COMMERCIAL

FINANCIAL

&

CHRONICLE

Monday, February 14, 1949

"

.

!

.

i,

Week Ended Feb. 5
1949

1948

Inc.

$

Clearings at—

S

Dec.

1947

or

1946

1949

1948

1946

1947

Inc.or

"

<

Third Federal

Reserve District—Philadelphia—
.

Bethlehem
Chester-

_

_

_

Harrisburg

_

_

Lancaster-

Lebanon

4,237,507

3,258,999

1,333,475

0.7

5,074,358

3,309,908

956,379

6.4

20,062,963

10,472,594

3,423,275

2,742~091

+ 23.7

_

York

1

871,000,000

900,000,000

803,000,000

—19.8

12,872,371

10,360,452

2,238,922

2,693,611

2,396,919

1,917,037

4.5

19,671,655

15,692,160

5,050,336

4,493,699

4,425,735

3,422,371

1.7

8,351,488

2,590,442

1,966,679

9,898,895

2,825,516

2,050,592
3,724,821

2,130,849

+ 12.1

9,578,195
16,722,012

4,119,765

1,843,430

7.9

1,486,194

1,029,018

+ 10.8

4,587,907

5,439,704

9.0

33,363,785

5,895,231

8.4

27,969,532

2.8

3,963,522,931

11,073,038
16,273,528

1,195,332

1,298,125
6,071,442

Hazleton

—

—

15,645,244

—

—

39,488.530

43,397,953

—

.29,000,996

Del.—Wilmington

31,644,323

—

4,038,219,589

4,156,003,201

_

N.J.—Trenton

i

Total (16 cities)

718,000,000

3,499,044

3,711,249
3,261,000,000

+

;

2,~5~93~252

4,831,016

—

1

769,328

2,718*817

+ 24.8

3,517,099

10,384,252

DuBois

814,648

3,782,000,000

21,313,074

_

760.711

941,788
1,009,688

3.7

5,824,236

6,725,533

Wilkes-Barre

1,098,927

2.8

3,299,720

3,950,000,000

__

_

_

$

$

16,568,752

12,084,648

13,161,978

—

22,271,169

,
_

-

1,041,235
1,015,719
1,110,804

—

18.249,094

Reading
Scranton

Fourth

8.3

0.1

22,970,522

5,463,689

3,737,943

3,839,000,000
12,540,049

_

1,096,126

Dec. %

•

3.6

5,609,258

Philadelphia

$

+

4,185,640
4,965,370

4,080,824

Norrfttown

$

+

4,879,008

4,931,170

21,508,001

_

5,054,781

13,149,131

_

\

$

..

4,531,466

Pa.—Altoona

</o

—

30,343,255

9,028,462

8,166,186

6,656,345

20,448,000

7,937,787

7,405,705

4,928,264

8,019,047

3,407,121,461

907,480,720

934,444,463

833,427,097

746,002,234

'4

2.9

—

Reserve District—Cleveland-

Federal

1.6

699,602,036

1,190,271,250

1.5

108,413,500

+ 33.6

4,879,243

1,004,942,428
83,903,800
3,873,580

3,607,392

Hamilton-

7,812,270

5,845,777

Lorain—-.

3,888,811

3,382,662

+

15,0

Columbus_.

Mansfield.
\

+
+

+

19,484,569

20,837,529
:

Youngstown.

—

133,470,700

31,346,419

27,103,934

V.

Newark

19,247,821

Toledo

71,846,975

o

Pa.—Beaver County.

2,621,488

15,645,476

+ 10.5

1.0

150,918,926

126,506,619

+ 14.9

233,668,354

202,132,635

28,271,300

+ 10.4

22,738,700

20,831,800

—

/

62,415,364

/
"•

—

4,558,859

'

+

4,078,552

5,289,612

t

V./

44,124,276

7.5

',3,786,415

3,127,680

+ 32.5

5,026,957

4,558,076

267.948,194

+ 22.7

241,563,739

221,974,715

764,705,772

7,143,872

+

14.4

662,992,703

583,210,077

+<

'

'

5.9

3.4

2,192,452
1,561,302

4.3

1,117,436,571

•.

.

1,252,237
1,066,763,878

.

\

4

.

1,844,651

2.4

—

+

21,941,998

20,185,483

+

Oil City

18,470,134

19,619,660

—

35,259,630

32,150,463

+

18,215,150

19,888,884

—

3,865,458,734

3,790,083,861

Total (17 cities).

6,175,678
172,001,645
280,675,640

31,225,000

12,107,406

Erie

Ky.—Lexington.
W. Va.—Wheeling.

,

19,579,598

25,154,513

+

1,246,183,967

...

13,215,005

17,147,716/

4

+

2,207,865

1,299,346.690

"

1.0

+

2,534,028

2,155,794

Greensburg.
Pittsburgh.

6.9/

,

+15.7

,

19,052,184
67,843,220

6,823,714
173,769,653

2,345,265

773,446,631
1,370,778,860

Cleveland

322,608,120

576,164,751

0.9

760,919,442

1,383,131,409
135,530,600

Cincinnati—

20,239,481

25,667,966

+ 10.0

26,904,974

32,886,574

Ohio—Canton

+

,

8.7

17,658,440

8.4

16,994,014

3,355,937,457

2,921,172,933

-

14,779,439

2.0

328.690,9o0

15,719,073

9.7

19,000,771
28,289,451

i

15,069,178

5.9

;

25,248,887

874,825,198

fifth Federal Reserve District—Richmond—
W. Va.—Huntington.

12,150,439

—

48,918,000

49,533,000

—

547,605,546

539,568,702

15,853,610

_

Richmond.

_

...

C.—Charleston

S.

Columbia

33,660,893

D. C.—Washington.

3,988,262

Total (8 cities).

—

+
—

300,050,588

296,546,166

—

' —1,864,655,660

1,843,515,076;;

2,854,543

„

2,691,838

•1,973,973

2,404,669

39,476,000

33,144,000

11,594,000

10,629,000

9,065,000

7,024,000

1.5

497,592,537

426,534,856

126,084,441

97,323,645

99,254,160

82,397,600

12,086,127

3,153,543

2,810,275

+ 18.9

915,416,650

4,028,947

Frederick..—

8.568,075

9,995,846

1.2

15,047,242

+

28,305,559

884,948,117

„

Md .—Baltimore™.

1.6

15,642,460

11,953,797

.

Va.—Norfolk

-

200,179*640

257,680,198

65,_1_15~054

1.1

1,528,560,749

413,191,562

382,284,252

1.3

189^464~040

172,556~480

"+~ 5?7

67,33(1358

53,994,167

+

8.1

370,671,770

+

6.0

—

3,015,370

3,437,433
282,970,821

1.2

„

202,801,530

68,844*938

765,866,818

i

836,098,280

'V,.

1.0

3,723,185

.

21,665,305

25,547,478

3.3

3,634,000

•

1,710,1§5,637

320,756,495

-

flllxth Federal Reserve District—Atlanta—
Tenn.—Knoxville__—

«

•

87,093,261

76,701,149

Nashviile-

.

279,876,885

X

—11.9

.

—

293,605,916

"

:

4.7

57,853,164

17,465,152

+>+

207,998,368

69,885,105

57,513,680

+

765,000,000

212,500,000

199,000,000

4,133,728

71,350,497
'•

263,810,029

.

-

■

-16,474.129

-

17.082,231

14,264,767

•

+ 21.5

55,073,694

44,280,768

6.8

187,700,000

161,200,000

3,130,107

•

■

(-

978,100,000

Ga.—Atlanta-/-.

—

983,600.000

.

,

•i

18,716,171 '•/
16,461,911

18,217,705

+

17,957,018

—

•

Augusta—.

15,060,453

14,397,433

•+

372,377,017
29,706,501

389,126,723

Columbus—
Macon

fla.—Jacksonville-.;,

Tampa__—_.

>

Ala.—Birmingham

438.086,227.

+
+•

414,420,908

•

'

Mobile—

32,006,491

.

J

+

17,447,499

13,626,810

3.623,980

+ 14.1

3^56,990

8.3

14,920,993

11,663.535

4.6

12,621,080

3,653:935

3,369,448

+

8.4

3,589,836

4.3

350,438,940

9,463,733
308,044,394
19,133,944

82,968,752

82,581,616

+

0.5

74.326.275

289,966,877

86,861,311

84,322,432

+

3.0

77.240,764

63,855,456

6,596,094

6,540,139

+

0.9

6,106,440

5,196,268

2.7

'

28,107,302

0.5 '"r>"

5.7

372,612,047

•

.

-

16,030,543

16,357,672

16,281,000

16,450,000

43,490,832

35,934,897

5,770,206

6,112,808

—

14,372,033

20,728,946
10,588,729

—

1.0

16,450,000

14,702,000

30,009,958

26,217,699

5,461,287

4,369,318

1,674,127

1,486,503

451,464

383,534

489,501,941

447.517,861

123,765,345

111,023,861

+ 16.0

2,638,631,785

2,208,362,081

613,280,886

564,832,819

+

25,854,052

r

•'

-

'

'

...„

'

Jackson

^

Meridian——

Vicksburg.

-*■
,

—

1;932,675

Total (16

Seventh

+ 21.0
>

1,977,638

522,227,932

523,110,709

—

2,859,497,027

2,879,928,676

—

La.—New Orleans

cities)

Federal

Reserve

5.6

6.230,248

+

V

6,242,986
1,707,699,912

1,745,777,806

Flint—

15,595,591

17,260,801

Grand Rapids—
Jackson

44,790,355

48,273,954

6,714,530

6,600,265

Lansing
Muskegon
Bay City.

23,812,872

25,127,849

—

11,460,123

11,733,635

—

7,427,890

7,276,900

25,119,788

27,654,176

49,065,000

46,672,296

Detroit

Ind.—Ft. Wayne-

Gary—.

0.2

,

0.7

—

—

—

0.2

5,282,397

2.2

1,416,438,660
15,234.081

+

7.2

38,920,021
6,215,551

5.2

26,311,934
9.392,644

2.3

2.1

5,869,041

9.2

21,464.413

+

5.1

36,909,241

--

241,630,942

26,854,498

+

7.2

7.7

16,229.405

+

5.0

222,199,232

5.4

3,744,901
7,073,965
.1,259,598

2,603,011

3,988,482

—34.7

17,249,066

—10.5

141,566,978

—13.4

72,137,030

—19.0

15,430,453

/

122,636,726

58,440,167

Ames—

2,292.506
5,899,958

-

4,571,830

-

-

-

+

2,230,194

6,323,494

.

5.2
'

—

6,191,868

—27.7

-

—

8.1

13,426,509

+

"IT-

•

1,531,626

509,518,778

:

11,932,887

9,194,060

3,997,847

4,911,214

4,043,722

7,790,885
3,172,118

3,284,873

3,441,505

3,071,457

2,507,732

942,199,297

2.7

326,136,777

712,276,414

>:/ / + 1.4

240,400,000

176,300,000

+ 26.1

111,897,080

85,633,380

81,197,301

55,301,383;

80,640,667

5,248,384

1,728,532

1,909*711

1,561,206,449

529,381,253

477,813,207

—

4.2

1,961,152,510

946,532

(16 cities).




1,6~31~870
+ 10.8

<

;

1,244~58T

435,126,251

318,479,350

20.484.377

5,128,391

5,336,160

4,802,237

4,178,4931

243,163,552

261.657,384

178.478,547

190,136,463

+ 10.7

333,441,176

78,795,371

80,430,977

66.430,977

51,807/2?

1.6

875,697,062
3,379,525
244,657,735

3,929,288

2,781,631
6,006,108

6,269,782

4,650,366

3,061,579

2,695,318

3,098,304

—13.0

2,558,829

1,518,409

—

+18.0

941,208

692.946

—12.5

27,633,368

2,659,000

+ 65.9

3,789,000

19,238,579
3,189,000

3,847,619
14,774,118

925,643

^

5,175,239

—21.1

16,073,072

—11.1

30,171,063
3,789,642

—15.5

;

,

14,336,524

15,424,014

J3,213,805
;

21.5.

23,396,752

14,296,876

;

+

1,005,899,857
4,235,685

31,772,377

/.

3,180,590

a.

278,000,000

—11.8

5,563,038

4,183,432*

4,085,843

Lewistown.

//,, >

0.5

—

25,488,294

•

—

—11.4

397,097,696

1,091,944

Great Falls.

9,828,990

117,267,829

,

491,211,303
377,590,482
1,436,040
7,593,660

4,410,000

Mont.—Billings

2,154,300

12,641,215

33,506,760
'

27,800,953

/

563,781,862

2,646,249

'

3,687,756

Huron—

1,127,844
635.757,974

3,463,020

97,982,193

—14.3

1,276,748,255

6,156,186

S. D.—Aberdeen

883,524

1,306,943
717,790,911

1,989,137

»

147,870,528

3.3

—17.1

1,892,120

390,768,264

Minot

•'

1,039,661
705,619,838

3,672,828

2,622.871,906
.10,580,207

269,135,691

1,376,773

5.2
1

24,931,873

1,130,837,291

~

/

231,800,000

+

2,248,864,867

2,154,745,780

Ninth Federal Reserve
District—MinneapolisMinn.—Duluth
24,805,583

J

10,508,568

878.334,632
7,824,256
1,127,207
398,589,747

—

8,625,680

7,393,555

Winona

2,561,065
19,784,698

9,034,954

9,741,477

'

Minneapolis

3,120,676
24,945,940

14,528,509

1,072,202,775

7.0

—13.1,.

430,216,675

1,568,272

Rochester

3,931,097
29,190,521

9.3

+

537,319,815

444,466,205

(7 cities).

18,287,781
13,582,221

•

3,140,350

13,241,923

6.4

—

Quincy..

'

42,889*948

28,454,263

916,445,674

11,720,998
1,762,974

111.—Jacksonville

t

54,504^751

3,985,724

13,333,563
43,945,998

3.9

8.0

1,444,725

4,928,581

3,002,207,434

'

65^237^795

59,987/793

4,596,245,644

1,257,326.605

,

3,967,403

t

1,557,381

12,806,946

Independence
Ky.—Louisville

8,072.399

t

—22.5

,

"

Tenn.—Memphis—.

6,452,830

5,367,117,662

—

1,177,460,398
——

3,557*241
37,Vl4~000

5.5

1,949,030

6,255,984,822

Louis—

Mo.—St Louis

5,116,110

50.901~000

—17.4

1,610,595

Eighth Federal Reserve District—St.

7,059~742
5+518~000

10,249,767
1,200,654

—

16,448,059

5,908,861,563

cities).

;

4,390,986

'

-

—11.4

21,184,784

15,299,334

-

1,710,054
.

—15.1

52,797,979

22,009,721

Springfield
Sterling.

3,660,824

1,068,602

56,977,440

2.8

46,773,226

.

6,728,654

4,916^25

7,530,573

11,788,512
92,986,215
37,947,727

122,105,442 ■/./

4.7

3,398.633,498
15,806,453

.3,122,801,007

:

Rockford

Total

+
—

k

•

111.—Aurora

Helena

—

■

'

Bloomington
Chicago

8,214,540

532,434

2,424,509

Manitowoc..

!

913,587

6,542,793

3,346,040
15,890,230

1,362,492

8,041,835
1,436,824

Sioux Falls

1,466,776

3,015,682

7.7

5,022,504

8,657,933

Sioux City

6

t2,460,491

13,260,098
199,565,678

4,748.982

Fergus Falls
N. D.—Fargo
Grand Forks.

452,746,840

.

5,472,791

t

+

269,721,399

Paul

532,798,465

96,175,286

.

-

56,013^000

16,732,194

t

17,056,910

Oshkosh

St.

•

107,609.601

8.6

10,241*358

5,*6*0*7*048

16.282,417

211,128,644
21,180,783

t

Watertown

Total

354,790

412,634
-

—22.1

1,660,531

9,893,941

161,071,703

Sheboygan

Cape Girardeau

17.7

30,782,261

1.6

+
—

18,370,289

Iowa—Cedar Rapids..

1,293,646

5,618,026
18,895,821
7,915,677
5,263,673

256.826,464

(31

•

—

31,283,289

1.7

28,790,593

Milwaukee

Total

'

•

+

"

til,897,942

Wis.—Madison—.

Peoria.

'■

10,310,788

+

South Bend

Decatur

'

-

4,014,132
1,219.322,061

9.6

245,485.785

Indianapolis
Terre Haute

V-

^

2.3

District—Chicago-

Mich.—Ann Arbor—

Des Moines

2,267,939
62,015,459
*'

2.0

—10.4

*

"

Montgomery—
Miss.—Hattlesburg—„_

924,000,000

■;

'

28,677,525

5

—

29,559,497

0.6

13,976,471- ■.*
42,203,4061,403,555 )

41,368,880
1,359,363

1,706,888,152

...

'

1,872,097,776
-

u...

—16.1

26,430,488
3,000.157

7.1

13,055,599

5.5

11.649,339

—

—

—

—

—

2,859,365
9,992,093
16,093,258
2,229,884

9,001,585
9,771,633

2,992,359

2.0

36,745,223

1,144,067

27.235.378
,776,463

9,634,577

3.1

8.8

1,513,912,944

1,248,080,514

348,415,076

368,317,495

2.7

.

7.729*492

5.4

267.255,452

2,425,837

2,605,004

*+"l4~0

—

3,074,149

8,450*739

—

.

5,976*515
259,104,423

-i'*; Av.

jt-r

Volume

169

Number

4777

THE

Clearings at—

1949

COMMERCIAL
Month of January
Inc. or

1948

$
Federal

Reserve District—Kansas

2,177,285

1947

Dec. %

2,300,437

—

—

2,292,459

2, 290,543

51.382,736

St. Joseph-—*-.—

53,427,307

Wichita

_

Twelfth

(11

Federal

9, 913,024

_

208,310,509
7,691,349

1,652,318

7,613,341

7,589,648

9.3

1,922,103

410,744,914

1,944,211

334,715,734

'7.2

7,157,940

5,919,587

1,661/734

1,708,069

2,964,766,453

2,463,167,781

1,946,142,595

429,468,641

473,161,849

—12.5

29,730,072

+

>•

2.2

+

9.2

13,827,815
840,683,591

704,673,560

81,430,183

111,959,367

9.6

—

23,235,000

+

6,308,390

+

4,623,279

398,017,154

323,974,962

District—Sa>n

4,920,617

1

—To"o

19,8897m

2.2

15,0407431

4,596,000

3,848,000

19,562,391

21,729,958

17,187,000

5,725,000

5,600,000

+

3,395,903

2,933^944

+ 15.7

2,579,798

~+1O75

7,9487942

6,7~50~860

1.7

211,540,080

183,349,164

3.9

91,852,039
3,374,891

88,754,153
3,247,512

(

4,992,258
9,704,656

3,565,887

31,193,111

9,013,937

8,16(1653

1,818,377,486

1,523,705,005

265,032,540

260,661,937

1.3

—26.6

+

14,860,347

252,744,868

71.882,887

•

6,862,000

4,757,000

344,708,357
10,261,021

129,646,533

136,956,630

5.3

87,022,467

72,129,757

4.4

195,410,772

153,437,880

56,413,896

4.9

49,236,279

+ 14.6

63,692,279

46,205,430

38,883,404

30,305,086

28,093,819

26,373.948

14,195,512
17.399,904

43,090.803

37,712,939

13,539,958

12,005,549

+ 12.8

5.8

16,293,636
34,808,121

11,848,085

8,698,817

8,319,022

0.4

10,328,424

8,581,191

+ 20.4

—19.7

40,209,271
11,424,927

9,557,068

8,602,298

7,740,889

6,929,173

9.1

1,628,718,793

1,478,643,389

393,083,491

409,666,587

3.8

48,076,918

34,793,181

11,659,935

10,794,381

342,965,395

—

48,027,253

18,439.461

—

—

20,143,232
37,623,935

3,689,120,558
66,696,329,329

J

30,011,946

—

——.C-

'

,

17,122,657

13.769,204

4,346,735

27,472,107

6,945,959

+

8.0

364,774,737
9,892,906

+

2.3

3,383,095

—18.1

8,477,894

7.7

3,073,570,351

2,656,090,143

741,459,275

2.7

:—

62,775,139,978

60,278,238,961

14,103,830,024

14,341,170,293

26,668,231,983

6,807,406,012

2,963,578

6,304,560

6,305,854

6,690,674,964

3.5

—

31,247,446,877

;

4.0

—

4,246,939

33,403,720

-

35,545,131,527

•'

7.3

—

64,915,795,997

.V

8.5

—

3,406,427,540

34,298,411,588

0.3

—

1,853,505,698

34,886,801

0.8

+

_

10,717,732

—

9,178,361

Barbara

*•'

427,730,336

—16.6

18,736,174

46,224,126

—

3,410,636
•

+ 10.4

36,044,902

1,685,427,431

116,604,892

3,438,003
'V.

9.8

46,326,696

i;*

112,056,341
:+r"

—28.1

—

17,652,966

Stockton

13,272,466

—

40,030,989

—

16,758,311

—

26,093,589

51,149,891

Modesto—
Pasadena

15,251,493

—11.7

75,581,090

30,076,411
26.010,284

Berkeley
Long Beach

389,421,369

16,966,250

+ 17.8

241,628,020

759,980,978

in

totals.

tNot

621,927,805

570,730,803

1.7

12,983,588,800

12,287,386,553

1.7

5,860,758,230

5,121,574,415

—

+

available.

Statement of Condition of the 12 Federal
Reserve Banks Combined
(In

thousands

of

dollars)

including

Assets—

$

'

Gold

certificates.:

.Redemption

fund

notes
Total

gold ctf.

for

F.

S.

reserves

23,041,810
357,061

—

Govt,

251,155
804

13,345

Notes

1,343,309

+

4,843

+

—

.45,922

—

50

+

66,915

6,568,269

;

+

178,350

389,550

„

Bonds

NOTICES

;

10,105,125

—

.Total, U.. S. Qovt, securities.
Total
Due

from

:F. R.
•

loans

Bank

Other

securities—

22,349,985

of

other

Valley RR.,

22,601,944

Date

1st

& ref. mtge. 4V2s, due
class A and B stock

141,054
2,332,329

601

——Mar 18

603

sinking fund bds., due 1953_Feb 24
Hotel Drake Corp., 1st mtge. 5% income
bds., due 1953_Feb 24
Lackawanna Laundry Co., Inc.—
'1st (closed) .mortgage 6J/a% bondsj..——-Mar 1

*

&

(R.)

Co.,

Hotel Drake

Inc.,

class

Inc.,

B

and

inc.

2,221.936

—1,204,950

Atlanta

Date

Gas

Light Co., 1st mortgage 3s,
Carolina, Clinchfield & Ohio Ry.—
1st mortgage
4s, series A, due 1965

+

4,697,147

Connecticut River

1,532,730

1,204,149

+
—

:

8,259

—

164,338

+'

290,367

+

assets

48,670,846

•

'

'

3

46

12,486
234,596

—

658

—

5.362

24,288

+

218,077

—

+2,353,775

^Liabilities—

Power

3%s,

mortgage

Cleveland

Union

Federal Reserve notes
Deposits:
.Member bank—reserve
S.,

.

'

Treasurer

—

23,558,722
acct.

19,596^912

acct.

gen.

1,430.430
718,226

A.

Terminals

Equitable Gas Co.,
Firemen's

:Other

457,415

„—

+

6%

Total

deposits--.....—.... 22,202,9(83

Deferred availability items

Other liab.,

incl.

1st

accrued

2,098,274

divs.

10,802

+

+

liabilities

4,976

—

211,2i0

+

87

47,870,781

—

+

capital

Co.

collateral

of

•.

serves,
note

"

gold
to

202,991
466,711

—

—

.Contingent

102,820

48,670,846

purchased

for

respondents
Commitments to

F.

on

foreign

trial

loans

224,964

francs

3

3
497

1973.

due

1

—Mar

1

497

16

205

Government

bonds increased
$33,000,000 in the Boston
District, $27,000,000 in the Chicago District, and
$60,000,000 at all reporting member banks.
Demand deposits adjusted decreased in
all districts, the
principal decreases being $228,000,000 in New York
City,
$156,000,000 in the Chicago District,
$59,000,000 in the
Cleveland District, and
$46,000,000 each in the Kansas
City and Dallas Districts. United States Government

de¬
posits increased in all districts. Demand
deposits cred¬
ited to domestic banks decreased
$47,000,000 in the Kan¬
sas City District,
$39,000,000 in the Dallas District, and

$164,000,000 at all reporting member banks.
Borrowings decreased $102,000,000 in New York
City,
$44,000,000 in the Chicago District, and
$131,000,000 at
all reporting member banks.
A summary of the assets and
member banks follows:

3,757

1st

due

1961

1

.606

Mar

1

537

Mar

bonds,
1965

1

607

:—

Assets-

Loans

+2,270,531

Kline

3%%-4%

ISSUE

bds.,

4>/4%

mortgage
Brothers

Co.,

ser.

bonds,

5%

607

1952

and

Co.—

series

Loans
U.

1

-

599

due

1961

notes,

due

—

26

1,892

—

24

2,031

15,318

Mar 28

600

1954_Feb

15

1

,112226

Jun

1

§1591

1

606

brokers

—

63

593

agricultural

S.

Government
securities

Real

dealers

for

pur¬

obligations

859

S.

+

234

Ohio
+

5,832

+

18,522

+

6*653

+

58,890

218,077

bonds,

Power

Pacific

"4V2%

Co.,

Outdoor

Bank

Shawmut

and

Tennessee

due

6%

1949-1964

debenture

Advertising
Investment

5%

bonds,

Co.,

6%

due

debs.,

2024

due

1958_Mar

debentures,

due

5s,

due

tVol.

0.3%

cor¬

3,356

24

693

indus¬

1,736

.69

1

Treasury certificates of indebtedness

608

Anytime
166.

§VoI.

167.

flVol.

II1260

168.

5,458

Condition Statement of Member Banks
The condition statement
banks

shows

of

the Federal

the

Calls and

Sinking Funds

Notices

of weekly reporting member
Reserve System in leading cities

following
2:

principal changes for the week
Decreases of $330,000,000 in reserve bal¬

ances^with ?;Federal

Reserve

—-

1,037

Banks

23
9

24,890

+
+

143

+

4,184

Mar

••

+

33,268

*

Treasury notes

1952

1951

issue.

5

3,918
securities—total

U. S.bonds

Reserve
in

with

Federal

Reserve

vault

Banks

49

demand deposits adjusted, and an
in United States Government deposits.

+

+
—

14

541
13

;368

4,042
481

1,946

1,678

60

—

13

—

330

726

46

126

+

+

77

119

3(829
t 28

1,945

—

4

—

216

Liabilities—

Demand
Time

deposits adjusted
deposits, except Government

U.

Government

S.

46,945
—

Domestic

720

15,045

deposits
Interbank demand deposits:

—

21

+

413

+

1,561

338

+

685

—

636

II

banks

8,631

Foreign banks
Borrowings
interbank

during

164

1,500

31

+

160

279

—

and

week

1,278

+

131

+

37

and

$720,000,000 in
increase of $338,000,000

—

—

630

—

3

2,011

....

—

—

157

14,380

i,

1

25

+

+.+

1,987
5,354

Cash

0.1%

bills

U.

S.

Govt,

accounts,
22,030

_

Commercial,

Below will be found a list of corporate bonds, notes,
preferred and common stocks called for

V




loans

Government

+2,353,775
In this

V:-':

4,079
258

Treasury bills

Coal, Iron & RR. Co.—
mortgage

S.

+.

y

477

loans

banks

Balances with domestic banks......

50.4%

—

Other
U.

Trust—

+

19

+

186

securities

estate

Loans to

31

—

438

*

for

purchasing or carrying:
Government obligations

Other

Quebec—

and

carrying:

or

loans

U.

378

Apr

to

Other

Other

2,178

25,244

chasing

>

A,

fund

1957^Mar

Page
t2410

1948

156

—

25,533
and

loans

1

Feb. 4,

1949

62,696

Loans—grosst

CALLED

due

A,

sinking

Cooperative Federee de

1

Date

Telephone

Investments—total

Commercial, Industrial,

debs., series A, due 2024—July
Co., Ltd.—

Independent

Jan. 26,

(in millions of dollars)

and

Loans—net

Apr

or

'Dec. (—) Since
Feb. 2,
1949

due

5%

Converters

mtge.

Citizens

liabilities of reporting
Inc. (+)

Mar

4%

Company and Issue—
Appalachian Power Co., 6%
Canadian

ended Feb.

.

trust

1
1

R.

—

make

3 Vis,

—Apr

re-

combined

liability

Apr

1969_Mar

$23,000,000.
Holdings of Treasury bills decreased $32,000,000 in the
Chicago District outside of Chicago, $31,000,000 in the
Kansas City District, and
$49,000,000 at all reporting
member banks, and increased
$33,000,000 in New York
City. Holdings of Treasury certificates of indebtedness
decreased $87,000,000 in New York
City and $157,000,000
at all reporting member banks.
Holdings of United States

Seattle—

ENTIRE

134,774

27,543

accts.

deposit and

112320

$63,000,000 at all reporting member banks.

.

certificate

liabilities

376

1

Tramway, Light & Power Co., Ltd.—
50-year mortgage, bonds and obligations de cinq

♦Announcement
of

15

due

Newark, N. J., $4 pfd. stk._Feb

Ry.—
3%% bonds,

mortgage

General

Ratio

Feb

and

Loans to banks increased

Terminal

2 %-3 V2 %

accounts..

Total liabilities & cap.

1961

bonds, series A

44,845

3,034,688

v

Capital paid in_^__
-Surplus (Section 7)
Surplus (Section 13b)__—
Other

due

41/is, series D, due 1962—Mar

1st mortgage

Insurance

Cc.,

cents

La

Capital Accounts—

375

trict,

276,157

1st

Total

486

1

de Janeiro

5%

243,825

13,105
14,156

*

'

a

—

"

+ 2,559,551

146.533

+
—

1

Co.—

Building Corp. ol
debentures, due 1962

Pittston

625,626

—

114,296

—

Page

Mar

Co.—

series

;lst mortgage 5'/2%

Rio

T Foreign

'

18,817

—

1963

Mar

1st mortgage 5%
gold bonds, series B
Empire District Electric Co., 1st mtge. 3'/2s,

Richmond

.

due

Chicago & Western Indiana RR.—

88,664

+

603

604

PARTIAL REDEMPTION

1,956

—4,181,403

+

+

32,261

...

assets

598

Corp.—

5%

mtge.

Paramount

;

stock———

85,929

—

Page

12
28

Co.,

134,636

+

49

banks.—

items.—:

premises

Total

TENDER

Feb

Brewing

1st and refunding mortgage

foreign banks.

Notes

Uncollected

,•

and

OF

326.625

—

—

+

24,700

—

provisions.

1961_Apr

1st

7

fund

Company and Issue—
5,287,041

Certificates

.

135

—

—

66,952

—

sinking

Company and Issue—
Aroostook

1st

135

-r-

under

ing tenders, and the page number gives the location in
current volume (except where indicated) in which
the details were given in the "Chronicle."

Hoe

1,410,261

called

the

Cooper

$
+

securities:

Bills

;

77177

623,379

Discounts and advances
Industrial loanS—
U.

1948

R.

„_

| Other cash

Feb. 11,

22,418,431

*

j.

Feb. 2,
1949

those

The date indicates the redemption or last date for mak¬

Increase ( + ) or
decrease (—) since
Feb. 9,
1949

-

8,811,273

2.4

—

•Estimated.

included

2.099,538

4,326,562

444,871,731

24,028,878

671,549,320

Calif.—Bakersfield

5,021,457

3.7

—13.4

—

10,680,680

Ariz.—Phoenix

tNot

„

4,151,479
10,669,610

3,979,635

16,656,329

605,468.289

Outside New York

5,143,335

150,4677000

35,022,210

+

8,633,000

-a.-,

(183 cities).

6,616,169

16979107000

0.9

+

6,699,579
480,231,470
;

28,310,514

Lake City__

(19 cities).

—12.1

~+~2~8

Francisco—

14,425.353

Francisco—

7,146,382
215,091,000

+ 12.4

2,378,558,845

462,410,459

;

6,282,992

221,052,317

74,682,501

+ 16.5

4,582,427

7,624,000

Jose——'

1,4757707

9.2

—

581,853,946

;
■
'

39,145,356

2,409,555,408

,

San

1,5257487

20,176,000

3.6

"

San

1,683,271

685,836,631

+ 15.0

14,573,658

22,435,621

96,093,037

3.6

43,987,389

Riverside

1.1

64,044,858

26,631,470

3.0

+

925,659,368

-.

Portland—

4,368,640
9,224,346

—~~2~7

—

9,247,432

0.7

—

26,729,000

_

Reserve

1,915,371

+ 16.7
—

—

959,202,009
6,537,367
16.980,404

cities)

Grand total

10,042,744

.

Utah—Ogden_—,

Total

—16.1

104,904,056

Ore.—Eugene

Santa

11,443,828

8, 986,443

452, 765,900

101,191,897

Ida.—Boise

Salt

260,606,334

9,597,937

.

Yakima—

,

—~~7~8

17,254,121

Wash.—Bellingham—
Seattle
i'_
■

306,221~006

+

63,298,017

La.—■Shreveport
Total

282,229~686

35,036,621

108,072,321

_

__

1,042,813,458

—

1,101,207,030

_

__

Texarkana

1,305,209,697
2,146,548^
79,062,414

18,833,850

_

Falls

10,567,744

49,655,441

1,093.026,384

..

Arthur

—23.4

5.8

•

_

HoustonPort

5,636,861

12,718,831

4.3

.• 30,371,508

_

——

Galveston

0.3

9,739,943

5,530,988

District—Dallas-

_

..

5,764,096

38,091,819

7,445,785

8.8

2,594,880,614

Reserve

5,780,318

50,748,598

+

10,486.230

Total' (15 cities)

Beaumont..

11,545,907

9.8

—

+

9,204,057

Worth

101,226,440

2, 573,849

Pueblo__

Ft.

—10.6

280,259
445,599

4,653,277
85,872,958

1.234.104

139, 754,567

410,627,224

Denver.

Paso__

124,565,085

559,178

1.515.103

1,522,523

2.683,294

Colo.—Colorado.,Springs.

El

111,401,637

2,257,470
26,483,061

147,848,220

...

—

Dallas—

5,664,083

—14.4

58, 552,844

Carthage
Okla.—Tulsa

$

505,012

—20.1

3.4

+

—11.3

6, 269,024
1,577 ,127,429

_

—23.4

9.0

+

56, ,983,731

5,562,105

1,350,778,451

0.1

+

1, 999,603
28 ,969,458

^

T

Texas—Austin

670,488

7,578,553

—25.7

1,486.729

Wichita

Federal

513,826

21,359,268
374,336,353

547,682

45

194G

'

6,055,272

28,987,387
482,383,340

31,582,841

;

; ' /■'•:;$

566,185

—12.9

-.

1947

Dec. %

1,240,617

—16.6

Kansas City—

Eleventh

1,749,322

31, 721,358

^

Mo.—Joplin

7.8

—

Week Ended Feb. 5
Inc. or

1948

$

584, 498,243

—!

Topeka——

1949

27,624,544
,

Kans.-—Manhattan

(741)

$

487,717,132

._

Omaha

Parsons

1946

$

1

Lincoln

CHRONICLE

City

Neb.—Fremont

Hastings-,™..—

FINANCIAL

•

"

Tenth

&

redemption,

industrial, and agricultural loans de¬
creased $27,000,000 in New York City, $17,000,000 in the
Chicago District, $10,000,000 in the San Francisco Dis¬

tBeginning
i.e.,

before

June

30,

deduction

ously reported.

1948,
of

individual loan items

valuation

reserves,

are

instead

Year-ago figures have been adjusted

reported

of

net

to

a

as

gross

gross,

previ¬
basis.

46

COMMERCIAL

THE

(742)

Monday, February 14, 1949.

CHRONICLE

FINANCIAL

&

Foreign Exchange Rates

EXCHANGE

FOREIGN
—

•

FEB.

-

,

y

/
,

Buying

Noon

.

Unit

Country and Monetary
'

'

■

.

.

•

.

.

.

y

-

Argentina, peso-r-

;

.

;

;

"regular* products

f

-

"non-regular" products--

For

pound

Australia

.

industrial products

For certain

Belgium franc •
Brazil, cruzeiro

Closed
-

3.212313
.022848
,054406

—~

v_

'

,

_______________

_

•;

^

'

.2000001-'
3.212133

*
.297733*
.251247*

General

6%

.022846
.054406

1.000000
.925546

1.000000
.924218

V 1.000000
.923750

.301166

.301166

.301166

.020060

.020060

.020060

.208535
4.031484

.208535
4.031484

Advertising

preferred
Paint

Free

-

1.000000
.926171

y

—

-

Ceylon" rupee""--"-----!--Czechoslovakia, koruna

.208535
4.031484

—

-

$1.50

England, pound sterling

—

-

Closed

(quar.)

General

Products
A

t50c

B

tdOc

preferred

General

General

Steel

Utilities

Steel

General

Waterworks

Si

Gilbert
Gliaden

Bennett

State

Free

.003136*

-

—

________

Netherlands, guilder

'■>'

.301678
.145045
.376400

India, Dominion of, rupee—
Mexico, peso

-

i.oooooo

Free—-"--1
New Zealand, pound

-

-

—

Portugal, escudo

.496750

—

.040328

1

-

straits Settlement, dollar—

Sweden, krona.

' .201580

—.

Philippine Islands, pese_;

—-

Union of South Africa;

-

—

—-

pound—

—

—

-

Uruguay! peso

i

——

—1——

Uruguay, peso
•Nominal

—

'

.201580
.496760 '
.040323
.470833
.278228
.233629

Co., com. (quar.)_
preferred
(quar.)_:

.G58300*t
.588223*t
.561799*t
.531909*t

Warehouse

Union

preferred

Common

Coal

Bay

Ltd

Co.,

Western

&

DIVIDENDS

Name of

Company.

(L. A.)

Darling

«fe

Doere

J37J/ac

1

2-

1

2-

1

25c

Dennison

Distillers

Class

deposit

Co., common

Cup

2-15

1-24

3-23

3-

.$4

2-21
2-15
3-21
2-15
4- 1

$$5

(increased);

$5

common.

2-19

2-

2-15

22-

7

37)ac

3-

1

75c

3-

1

75c

9-

25c

3-30
6-30

Alabastine of Canada,

3- 1

2-

1

3-

1

2-

1

6- 1
9- 1
12- 1

5-

1

8-

1

11-

1

1

3-10

3-

1

2-15

3-

1

2-15

3-

1

preferred

Co.,

2-13
.3-

1
1

1-28

2-15
2-15

2-

35c
__

50c
——

1' "4-

1

Clns#

<

A

;.

Class < B

Durham
Class

East

7%

preferred
preferred

Eastern

A

(quar.)—-.

Massachusetts

"s

——

8

2-18

2-

8

6%

prior

1-27

6%

prior

6%

prior

2-

$.1

—

2-15

3-10

—;

_—

___________

••

2-

1

3-

1

3-

1

2-11

1

-

1

6-

1

__.

9-15

9-

1

12-15

12-

1

Franklin
Franklin

.09

2-28

2-15

.10

.10

2-28

2-15

__

.09

2-28

2-15

.09
.08

2-28
2-28

2-15

__

.10

.10

2-28

2-15

Bond

.03

.03

2-28

2-15

Railroad

Equipment

.08

.08

2-28

2-15

Railroad

Stock

.09

.09

2-28

.08

2-28

.06

2-28

.12

Bond

Co.

.09

Priced

Merchandising

.09

!—

.08

Petroleum

.08

Steel

Tobacco

Hajoca

.03

Corp.

Hamilton

Watch

2-15

2-15

;

2-28

.

2-13

!,

2-15

'75c

3- 1

2-l*v

25c

3- 1
3- 1

2-15

25c
$1

(quar.)

Ltd.
Co.,

convertible

2-15

122tic

3-15
3-15

1

(quar.)

Cotton,

•

.03

__

(quar.l

Stores

Bros.

Hamilton

4%"

__

.06

■

utilities

Hale

.01

.09

—

Machinery

Mining

.(quar.)
(quar.)

common

preferred

.

2-10
2-24.

2-24■

Hancock Oil

California,

of

Co.

2-15

50c ', ;"3- 1
25c
3-1

(quar.) v*"

cl.'.:A

;__

Extra-

2-15
"

Class

(quar.)

B

Hanna

6%

Refractories;-..command...

l/40th

of

Chemical

Harshaw

Electric

Havana

6%

75c

Co., Ltd
(quar.)

2-16

1-31
2-15*

.2-25

30c

1

.••4-

Powder

Co., 5% preferrod (quar.)$1.25
Products, 6^~ pfd; B'.--(quar.)
■
30c

Steel

2-18

2-15

25c

I__

Co.

Hazel-Atlas Glass

2-1$..

3- I

• -

3-1

3- 1.
3- 1

25c

(accum.)

Pineapple

Hawaiian

3-15

V

Utilities Co.

Si

preferred

1st

'
.,

,

3-u*

:

2- 4

2-15
3-' 1

2-15

common^i sVAe*-'2-15,.-: 'V

Hershey Chocolate; Corp;;1
:
$4 convertible preferred

(quar.)

$1

—

-

,

1-25
1-25

2-15

2-15

1-25

.3-15

2-17

■

Extra

I

_______

.

^

Hewitt-Robins,

-$1'
25c

(quar.)

Inc.

Hilton

Hires

4%

Hotels

Corp.,

preferred (quar.

conv.

,

t 2-18-

•,

25c '';'l 3- 1
50c
-'3- 1

(quar.)_^_

common

2-26

3-10
3-.I;

Heywood-WakefieldCo.com. (reduced quar.) .50c
5% prefered B (quar.)___—
...v.31c

2-15
2- 1

6

.*• 2-10

3- 1

15c
50c

(quar.)_;;i___—

Inc.

Bakeries,

4-

i .44-20

-40e

(quar.)__^

preferred

convertible

Hathaway

-' 3-1;

■

2Va%

.(quar.)

common

2-ld

"

.

(quar.)

Co.

Company,.*,

Hart-Carter

50c

1

-.

.

2-15;

3- 2

.$1.50

(stock dividend)—
'
*-share for each -share- held__

Plywood Corp.

2-15

1

3-

$1.06)4

(quar.)_____

(quar.)

preferied

$2

25c

$4.25 pfd.

Ar) Co.,

(M.

2-15

'3- 1

50c
.—;;

Harbison-Walker.

2-11
2-11
' 2-11

—_—

4%

2-18

2-18

Trailer

2

4-15

Gabriel

1

7-15

Ganiewcll

$1.50

11-

1

10-14
Gar

Associates, $5 pfd. (accum.)
Manufacturing Co., new com. (initial)

Wood

4Vs%
$l>75

4; 1
4-1
3-

*15c
$1.25

1

2-21

3- 4
.3.

4

2-15
1-24

50c

2-25

2-

*25c

3-15

2-15

8

-General

General

5%-

—

(reduced)———
Co.—

—

common,

Company

r

75c
50c

—i—

preferred

America

Corp.

Builders Supply,

Cigar

(accum.)—
(quar.)__.—

preferred

Co.,

common

preferred (quar.)

—

(reduced)
(quar.)
—

common

—

2-4

4-152-17
2-15

3-31
2- 7
1-15

-

'v.

3- 1
3- 1

$1-'" -3- ly
15c
2-15
-:5c
2-15

2-15
3-1
3-16

2- 1
2-15
3- 7

31(4c

3-31
3-15
3- 1

3-15
2-142-14

25c

/

commoa (quar.)

$4.25

preferred (quar.)___

$4.50

-

conv.

preferred

(Geo.'A.)

Hormel
New
"

2-15
2-16
2-16
1-31
2-5

H.12V2
75c
10c

r$1.75

'

'

-

-

class A; (quar.)

non-cum.

Hooker Electrochemical Co.,

25c

2-18

3- 1.,

$15

common,

(quar.)

A

30c
-'$1.06)4
$1.12,/2

par

(initial).

at

the

*

2- 2

2-25
3-29

3- 2

;

3-29

l/10th

of

rate

for

common

each

of.
oki

a

62'/2c
V

:

in —

exchange for the no par)old common,
new

-

3-

-

share

4

"

V

-

- '

tive

on

ment

6%
Horn
-

5%

for

preferred
&

•.

Howard

4)4%

to-become--effec-"

(

the

(quar.)
(N.

Y.)—

Corp.

common

(quar.)

;

•

;

2-15

■'i

•»

1-20

• '

(quar.)

preferred

/■
" $1,50

i

$1.25 "

'

Lighting & Power Co._
Stores

?

«

"

'

The equivalent pay¬
old common
is 68%c.

(,

i

,

27.

Hardart Co.

preferred

Houston

expected

is

Jan.

v

-.-- -,1.

•
-

-

4,1-29

'■>; W.'

—' ' •>' ?

--

of

share held.

2-15

.

.

Split-up

2

& Co.—

The above new common willibe issued

y-

Industries—,

conv.

& Co., Inc.

(Henry)

$1

•

2-15

...2

(quar.)

(reduced) J_—
(quar.)

Co.

$^15
10c
60c

Franklin)

(quarl')__'__2_——

(quar.)

cori-Vertible

General
7%

Steel

Co.;

Holt

2-15

2-8

3-

3lY<c

(quar.)

pfd.

1

2-15

20c

Company__

E.)

(Charles

Holyoke Street Railway,

*

Co._

(See Simon

preferred

5-

$1.50

Insurance

Simon

8-

' *

Sixth

3-15
6-15
9-15

4-1
7- 1
10-1

(s-a)-___—:—-—$2.50

& Company

Freeport Sulphur Co.
Fruehauf

(quar.)

preferred

West

Life

$1.50

(quar.)

2-15

.09

•

Co.—

non-cum.

$1.50

•




3-

3-15
6-15

$1.50

(q*uar.)__

Ltd., class A

2-1
2-10
2-11

.

37'/2C
37'/2C
37y2C

(quar.)
(quar.)

Fownes Bros.
•

$1.50

Eastern Sugar

2-15

2-28

Low

2-15*
2-15*
2-15
2-19

3- 1
2-15

25c
12%c
" ;

preferred
preferred
preferred

Four-Twelve

2-11

$1.75

$1.50

• -

•

3- 4
3- 4
3- 4-

125c
125c
125c

1

Corp.

Investment

Foundation

2-18

$1.50

$1.50

(Maryland)—$7 preferred A (accum.)—
$6 preferred B (accum.)

Paper Co.,

•

Foster-Wheeler

$5

Eastern States Corp.

Eddy

1

45c

—

B (accum.)
6% "preferred B (accum.)
6% preferred B( accum.)__—

Eaton

&

2-

Ry.—

Products, Ltd.

Foster

1-31

2-18

2-28

.12

Hercules

-

2-15

.10

Bond

"Hercules

Bridge Works (quar.)_„
Kleiser Co. (quar.)

Pitt

2-15

3- 1

Extra

Fort

2-15

2-28

2-1

—

$1

.

$1.50

5% .preferred

Eastern Steel

1

2-28

__

'

.

-

.

1

2-

.07

.10

3-15

Class B

*30c

(quar.)

(quar.)_
(quar.)(quar.)—:

of Canada,

Co.

Motor

Co.,

<te-Light

Power

$1

pfd.

class A

preferred A-(quar.)—
* 6%: ^preferred A; (quar,)———
6.% preferred A; (quar.)_____.
6% preferred A (quar.)—.

-

Ford

1

2-

2-15

:

2-

2-15

7c

$18.75

Co._„_—

Co.

2-15

7c

—

St.1, Louis "Si Interurban Water Co.—

6%
;

Mfg.

Picher

preferred

Florida

2-28

2-11

.10

$1

Extra

———

preferred

6%

3-10

2-21

2-15

.07

Investing

3-10
2-15
2-15

S'f',

pfd. (quar.)
(quar.)____——;
.

2-28

$1;2-15
_; $1.22Va
2-15
4'/2% preferred-'$1.12,/a
3-1
Ltd., class A—
-• 125c
3* 4

2.

_1.——

4%

Corp.,

Power

.14

50c

$1.25
25c

.

(quar.)

common

(quar.)

prefeired

$4

"7 4.9%

-3-18

4-%

25c

---

4.80%

Hosiery Mills,
B

Dwight

Eagle

.

.14

3- 1
3- 1
3-1
3- 5

(quar.)

Company

Company,

;

40c—

(quar.)

common

2-15

Institutional

2-17
2-28

3-10
3-25
3- 1
3-10

(quar.)____—

H.)

(M.

Florida

2-18

'

(accum.)

Dupuis Freres, Ltd.,

preferred

2-15

2-28

Fully Administered

1-24

3- 1

40c
35c
$1.12'/a
50c

Rubber, 4V2%

Tire &

2-28

.07

Harbor

31'/4C

(quar.

Corp.

Flintkote

4

Company—

(resumed)
(resumed)'-

Preferred

2-10

.12

.07

Food

v

•

Cqrp.___L.__—_____—_—

Fishman

^3-22

,

3-10

$i.i2ya

A.)

2-25

"

,

1-28

(quar.)-^_

(C.

1-27

.12

Electrical Equipment

$2.50
4- 1U
3-16
5oc
5- 1
4*20".
60c ■8-1 ;: 7-20. '
50c
11- 1
10-20

(quar.)__^

preferred

Carpet Co.,

5%

3-21

2-15

25c

common

Inc.—

pfd. (quar.)
Bank Stock Corp. (increased s-a)__—_

Firth

2-18

4-

$1
Dunham

First

1-14

10c

Electric

Duncan

2- 1

:
—

conv,

Firestone

—

preferred/ (quar.)——
Mfg. Co. (quar.)

4.Va%

'»

1

3-

30c

Bradstreet, Inc.,

&

2-14

2-15

Building

Extra

—

Enamel

Ferro

—

preferred

4%
Dun

3- 1
2-15

—

Federal-Mogul

2-15

2-15

15c

(quar.)

2-15
2-25
2-7

2-15

2-28

Chemical

Co.

Insurance

2-15

1

3-15

'

t:$1.121/a

(quar.)

Corp., common (increased)—:
(quar.)————

Dravo
•

3-

*25c

(quar.)

Company, common
preferred A (qu.ar.)_

1
3-11
3-1

37 VaC

(quar.)__

Life

Traders

&

$1.25

Wc

Corp.

Brewing

Federal Enterprises,

$1.75

common

preferred

Drackett

-4%

1-31

*37)2c

Bros,,

Drug

1-31

2-25

*62

-—

1
1
1
1

5-13
8-15
11-15
3-19
2-15

(quar.)__

Quarterly

2-25

.

Ltd.-(quar.)-.'.
:
Donnacona Paper Co., Ltd.—
4,/a % conveitible preferred (quar.)
7%

2-15

1

Works

Gas

River

Quarterly

t$l

Investment, Ltd.—

Railroad

(quar.)

Quarterly
.Quarterly^

•''

*30c

(accum.)
Ltd. (quar.l—

Dominion Stores,

3-17

3-

Co.

&

*,

Farmers

2-17

3-31

*$1.25

—

Dominion-Scottish

Fall

1

2-28

'

(quar.)

1-31
2-11

$1
25c
50c

Co

Sugar

Falstaff

25C

Ltd.

2-

2-15

20c

(quar.)

Investment Corp., Ltd.—

—

2-15
3- 1
6- 1

I

Extra

__

2-15

2-28

.07

__

2-28

.09

.07

Industrial

9124ef3-

.09

.09
.09

Aviation

2-18
2-15
2- 1
2- 1
2- 1
2- 1
1-31

2-17

Fajardo

Regular Extra Total

Class

Automobile

3- 1
3- 1
2-15
2-15
2-15
2-15

$1.25
$1.25
$1.25
25c
50c

Inc.—

Agricultural

3- 3
2-18
3-15

(The)

Fairbanks-Morse

I

Group Securities,

50c

Co.,

Extra

<

3-21
3- 7
4- 1

2-15

3-10
6-10

Ltd. \

J25c
125c
t25c

50c
'$1.50

(quar.)

preferred A

Fair

15c

5%' preferred (quar.)

Dow

3-10

4-

25c

Dominion Bridge Co.,

Donohue

12-22

15c

Common

.5.%.

3

—

Common

~

9

10c

Dominion & Anglo

Railroad

$5

3-25

3-

7»/2%

—

$5 pld. A (quar.)
(qur.r.)
$5 preferred A
(quar.)
$5 preferred A (quar.)
;
Eversliarp, Inc., 57c preferred (quar.)—___
Faber, Coe & Gregg, Inc., common (quar.)_
Erie

—

(quar.) ——
Dodge Manufacturing Corp.
Dominguez Oil Fields Co.—

Extra-

8-

—

(quar.)
A (quar.)
Reinsurance Corp.

Extra

2-6-50

3-1-50

75c

(interim)

I'-:

(quar.)

4>;

2-16
2-16

'.

50c
$1.25

(quar.)

2-

2-15

.

,

1-31,

t25c

;

Lime &

General

pfd. (quar.)

A

class

2-23

3-18

RR.

Ohio

&

Extra

$1
$1.25
25c
25c
20c
37)'2c
50c

preferred

Employers

'2-' 8

1

B

Corp.,

$1.50 preferred

5

Co.

Pepper

Class

5

50c

Credit

Employees

1-28

$7.50

(iesumed)

Quarterly

Co.—

(quar.)

Empire District Electric Co., 5%

62!/2C

(quar.)

Inc.

guaranteed

4%

2-10
...

t25c

Mobile

preferred
preferred

15c
25c
50c

.—-

2-10

2-21

25c
$1
J50c

$50

B

2-18
2-11

(quar.)

4

2-25

2-15

$1.25

debentures

3- 7
2-18

(quar.)

Empire & Bay State Telegraph

9

35c

ordinary
(quar.)

Additional
Br".

2-28

50c

(quar.)

A

Houses,

Dobbs

3-21

preferred

80c

common

Ltd.—
rets,

Co.,

American

Dixie

Co.,

2-21

25c

(quar.)—
(quar.)
(I'/o participating preferred (s-a)_
6% participating preferred (s-a>
6%
participating preferred (s-a)
Match

1

$1

Rock

Diamond

8

3-

8%

2-15

Co.

Rubber

&

2-15

2-

$1.75

A

25c
30c

National Watch (quar.)
Walker Dry Goods Co., common

Ely &

8

2-

1

15c

Oil Corp.Derby Gas & Electric (quar.)
Detroit-Michigan Stove, 5%
pfd.
Deep

2-

1

3-

—

(increased)

Common

1

3-

35c

(quar.)
Co.—

Hudson Co.
Manufacturing

&

Delaware

3-

35c

preferred (quar.)
Del
Monte
Properties iquar.l
Delaware Floor .Products—
7%

Hose

Elgin

1

3-

(quar.)

common

Company,

3-

*17 Vac

(irreg.)

Co

Boat

Electric

2-15

2-26

10c

of American

Stop Nut Corp.

Electric

Payable of Rec.

Share

of Company

Name

Holder»

When

Per

Elastic

21c
21c
25c

(monthly)

Steel

Edgewalcr
Monthly

(Continued from page 12)

2-15

$1.25

debentures

Income

Payable of Rec.
2-25
2-15
3-25
3-15
2-15
2- 1

Share

Company

'

.2-15

1

Quarterly
Holdert

2-15

2-15

Quarterly

When

2

3-lif

3-31
3- 1
3- 1
3-15
3-15

1

Quarterly
Per

2

3-

2-

—

RR.,

Income

Gypsum

1-28
3-

2-

_________

Assurance Co.

Great West Life

$5

1-17
2-21

2-15

2-10

.....

^

(quar.)

West

$5

-

1-14

of America

(year-end)

preferred

Gulf,

6-29

3-22

56%C

(quar.)

Great

.658300*t<
.588223**
.561799*t
.531909*t

6-29

2-25

Dredge & Dock Co. (quar.)
Northern Railway Co. (irreg.)

4.007500

6-29

2-25

Lakes

Green

1

Inc.

Great

.278228
.233629

4..;

2-25

Storage-

Great Atlantic & Pacific Tea Co.

* .470833

4

2-

25c

Cold

&

Stores,

.7%

1

J25c

(quar.)__

(quar.)

Great

!

1

2-

3- 1
3- 1
3-15

(s-a)

Y.)

Grayson-Robinson

.496720
.040328

.470833
.278228
.233629
4.007500
.658300*t
.588223*t
.561799*t
.531909*t

(N.

Co.

,

2-

2-

35c
$2

(quar.)

Company, Ltd. class' A

Trunk

$2.25

1

2-17

$2

&

Company

Bank

Irregular
Grand

.921250
3.991542
.201580

.496840 >
.040328 ,

4.007500

.658300*1
.588223*t
.561799*t
.531909*t

Grand

1.000000

.921250
3.991542
.201580

.921666
3.991542

4.007500

Closed

. .

type of merchandise.

tApplication depends upon

rate.

.

.. .

.. .

.658300**
.588223*t
.561799* 1
.531909**

Uruguay, peso

Uruguay, peso—

:

'.V:

1.000000

.201530
.496750
.040328
.470833
.278228
.233629

.

■'

.470833
.278228
.233629
4.007500

_______

-

Switzerland, franc.

- .

.301678
.145118
.376814

1.000000

.923125
3.991542

Closed

3.991542

—

-

-

Norway, krone

.301678
.145069
.376675

(quar.)

Rubber

W.~)

(H.

National

Grafton

56%c
$1
37'/2C
$1
$1
$1.25

preferred (quar.)
4% pfd. (quar.)
common

1-31
2-10*

4- 1
4- 1

40c

(quar.)

convertible

$5

Grace

—$1

Ltd.,
Inc.,

preferred

Gossard

.003134*

.145045
.376314

1.000000

:

.923750

-

-

—

.003134* V

.003132*
.301678

.003136*
.301678
.145045
.376583

..

.004671*

10c

(quav.)

r

4

3-18

2-15
3- 1
2-28
2-15

J20c
2%

dividend)

(stock

Mfg.—;

Co.,

Goodail-Sanford,
4%

$3

.

(quar.)

common

convertible

Golden

(accum.)

common

Corp.

Corp.

Company,

4Vu%

Ltd.,

Wares,

Gerity-Michigan

.301V166

(quar.)
$6
pfd.

Castings;

1-28

7-15
7-15
7-15
2-15
'4- 1

,

t$2.50
20c

(s-a)

Public

1-28

2-

•

Class

5%

3-17

2-15

Ltd.

Corp.,

Mfg.

2-21

2-15
3-15

25c

Class

1.000000
.923593

..004671*

.004671*

.004671*

.004671*

37V2C
25c
37'/2C

'

—

Equipment-—

Goodyear Tire &
-

z5c
$1.50

common

(quar.)
$1 series pfd. (quar.)

Corp.

preferred

General' Precision

.208535
4.031484

"

.020060 V

——

Denmark, krone

'

.301166

—

—

-

Co.,

5-10

4- 1
2-15
3- 1
3-11
2-15
2-15

-

84%c

»

(quar.)

General

ComcUU0lIa^l

—

General Phoenix Corp.,

.020060

.208535
4.031484

Corp._

Outdoor

General

.200000*
3.212313
.022848
.054406

.022844
.054406

'

-

Mills, Inc., Wifl<r conv. pfd. (quar.)

5-10

2-15

$1.25
50c

•.

—

______

Metals

General

2i 1

,1

2-15

12'/2c

—________

General

" ■ ■
Feb. 10

; ...

*
.297733*
.251247*
.200000*
3.212313
.022846
/ .054406

Industries, common.
preferred (quar.)__;

5%

"

>

■

,

Feb. 9 *

$
.207733*
.251247*

.200000''
• 3.212313 /

.200000*

;

-

,

Extra

■■

Feb. 8

$
.297733^
.251247*

*

OF 1930

General

" :

Feb. 7

Feb. 5

$
>297733*
.251247*

.

—-

"y""

Feb. 4

•"

'

For

■, 1

—~~~~~~
Transfers in New York

Cable

for

Rate

«

50c
25c

(quar.)

common

2-21

3- 2
2-15
5-25
5-25
3-11
4-1
2-15

common

—

Value in United States Money

,

Corp.,

Foods Corp.,

General

1949, INCLUSIVE

1949 TO FEB. 10,

4,

Finance

1

BANK TO TREASURY UNDER TARIFF ACT

FEDERAL RESERVE

CERTIFIED BY

RATES

"

-

daily

countries of the world. We

for cable transfers on the different
/ >•
' •

£he Secretary of the Treasury the buying rate
give below a record for the week just passed:

to

—
20c
(quar,)5c
5%
preferred A (s-a)____
25c
4
convertible prefen'ed C
(s-a)__.—'$1
General Fireproofing Co., common
75c
7%
preferred (quar.);
——$1.75

Dry

General

of Rec. y

Shares Payable

V*

'

Batteries, Inc

General

1930, the Federal Reserve Bank certifies

of Section 522 of the Tariff Act of

Pursuant to the requirements

"

Company

Holdera

When

Per
Name of

(apiar.)

r

55c
;37V2C

$1.06)4

1

2-0

3-10

2-10

3-

1

2-11

'3-1

3-

2-11

-

Volume 169

COMMERCIAL

THE

Number 4777

Sound

Co.

Share

v

(quar.)

Holdert

When

Per

Name of Company

Name

Payable of Rec.
3-

3-15

of Company

Maclaren

5

Power

Bay

Hudson

Motor

Stock

Co.

dividend

Humble
Hunt

Smelting, Ltd.—_— ^
(quar.)__

&

Car

Oil

&

Co.

5%

Hussman

Refrigerator

Zinc

Co.

Indiana

Gas

Industrial

6'A%

&

Inland

Steel

2-15

4>A%

2-28

2-15

Manhattan

2-15

1-28

Mapes

8

2-

3

2-181"

$37'Ac
30c

3-

1

2-18

$3.75

3-

1

2-14

Rys.

preferred

of

Central

International

Silver

International

Utilities

.1

Corp.

Oilier

&

'5%

Co

A

Insurance

Special
&

Mead

4%

1-31

preferred

2-18

Meadville

3-10

2-28

Mercantile

Kayser

(Julius;

of

Kentucky Utilities
43A%
preierred

Ccunty

Cuttodian

Keystone
Keystone

Portland

1

25c

3-

1

$50'Ac

3-

1

2-

1

50c

3-

1

2-

1

(quar.)!

$1.06'A

3-

1

2-

1

50c
37'Ac

3-

1

2-

1

Co.,

7%

series

4.35'A

A. preferred

preferred

1-31

Michaels,

4-18

Class

"

4-18

Class

1

7-19

Preferred

1

7-19

Preferred

3-10

2-24

Preferred

3-

2-10

Preferred

—

2-

20c

2-17

2-

65c

4-

5

2-18

Steel

4-

1

3-

Mickeiberry's
$2.40

Midland

4

3-10

2-25

87*

3-12

3-

$2

2

2-14

Steel

1

2-14

Common

Common

Co.

Common

Hart,

$1

prior

preferred

$1

prior

preferred

$1

prior

$5c

2 25

1-31

$5.10

K-l

1-31

2-15

47c

6%

3-12

2-15

2-

5c

3-

2-16

50c

44-

1

3-15

4-

1

3-15

Olin

1

1

5

3-15

1

Oil

Oklahoma

Coal

Corp.

Omar,

Inc.,

10-

2

9-20

67*

4-

2

3-20

Ontario

7-

2

6-20

25c

10-

2

'9-20

$1.27'A

1

2-19

$1.37Va

3-

1

2-19

$1.50

preferred (quar.)
(quar.):

3-

3-

preferred

80c

3-

1

2-17

3-10

2-11

3-

1

2-10

3-

'

1

2-10

2-23

1-21

4-

1

2-23

3-

1

1-26

3-

1

2-15

25c

Gas

2-

3-15

2-

9

3-

2-

4

$1.12'A

(quar.)

Co.,

5-31

3-15

25c

pfd.

3-21
6-20

25c

1

9

1-31

2-15

593uC

(quar.)

2-28

2-15

50c

common_-_,

1-31

25c

2-21

2-10

20c

2-28

2-18

3-31

$1

3-21

50c

3-10

2-10

10c

3-31

3-10

$1.50

3-31

3-10

$25c

2-15

1-14

1-14

(quar.)

Products

Co.,

Ltd.—

2-18

20c

2-15

2-15

1-31

$1.12'A

3-31

3-15

+15c

(Ohio),

1-14

3-10

4-

1

2-18

$$1.25

Ltd.,

2-15

20c

Co.,

•

2-15

$$1.75
693bC

(quar.)

4-

1

2-18

American—

(interim)

Ottawa

2-10

55c

(quar.)

Co.

Class

Oswego

2-25

$S1.75

A_!

Copper

Osgood

2-10

$25c

Shares

2-17

7

2-25

$5c

(quar.)_-___-:,_-'_A^__-_-_^_

A

preferred

2-19

8

2-

7

(quar.)

Steel

O'Okiep

2-

3-

$$1

(quar.)_

Extra

1

8

2-18

$25c

(irreg.)
common

common

preferred

3-10

2-

common

Common

50c

1-31

2-18

$$1150

Corp.:

preferred

Oliver

6-20

25c

(quar.)

7-20

2-21

Ltd.—

common

Industries,

3-20

2-19

Co.,

(quar.)

preferred

Ben

2

1

1

2-15

Telephone—

Natural

7-

3-

8-

3-10

15c

tquar.)
Power

Co., 4'A7*

4-2

$1.25

3-23

25c

(quar.)

;

25c

(quar.)

1

25c

Power

7%

4-

SI.50

(s-a)

(quar.)

Co.,

37'Ac

L

2-25

60c

&

Company,

4% %

4

3-10

$1

Y.)

Extra

Ohio

3-

25c

Common

Ohio

9

3-31

$3.50

(quar.)

preferred

Match

Old

50c

:______

4-

20c

preferred (quar.)
Gas Light Co.
(Del.) —

preferred

Ohio

2-11

2-21

60c

(quar.)

preferred

5'A %

Co.—

2-24

2-21

3-12

1

2-

(s-a).

(Hartford)

(N.

Mines, Ltd.
Mills, Ltd.,

Associated

$2.20

15c

(quar.)

(interim)

3-10

Ohio

30c

(accum.)

common

(quar.)

5

5%

2-15

37'Ac

1
5

2-

Minneapolis

1

3-

3-10

50c

(quar.)

preferred

4 7*

20c

series

11-17

3-

Gold

Flour

37'Ac

3-

2-15

preferred

11-30

2-18

3-15

25c

Co.

Light

4

7 7*

2-14

1

50c

Gas

Pharmacol

Scotia

preferred

8-19

3-

$10C

:___-

Co.

Bancorporation

67*

8-31

3-15

20c

Norwich

7*

2-15

3-

75c

!

Ogilvie

1

3-10

4--

75c

Coal

Liberties

O'Brien

;

3-

4

4

2-15

Inc.

2-15

3-

3-

1

l

3-

$1

Special

$2

3-15

75c

4-

2-28

15c

Co.,

•

3-21

(quar.)

4

5-

common

25c

2-15

3-

2-14

(quar.)

25c

2-23

',4- 1

(s-a)

Insurance

Extra
Northern

2-15

(quar.)

1

5

35c

(quar.)

3-12

3-

2-

5-31

Inc

Co.,
(quar.)
preferred-

1

3-15

2-14

1

2-28

(quar.)

preferred

Products

3-

$1.183A

3-

4-

c

50c

(quar.)

guaranteed

Insurance'Co.

2-28

Products

6%

$50c

common

Northern

50c

(quar.)_____

Abrasive

preferred
&

1-28

$1.12'A
Co.

Laundries,

non-cum.

Miller

2-15

Nova

Products

3-

"

Illinois

$1.12'A

Tube

3-31

$1

Northern

$1.12'A

Service

preferred

Mid-West

15c

77*

4

guaranteed

$1.12'A

Food

Mid-Continent

80c

RR.,

2-

T,'o

50c

Michigan

5

Carolina

2-15

$1.083A
"

(quar.)

Public

5

North

2-25
2-15

"

preferred

Northeastern

Inc.—

(quar.)

Michigan Sugar Co.,
2-17

convertible

1

1

93%

A

4

A 9 7'Ac

(quar.)

2

$2

4-

45c

!

(quar.)_—
Norfolk Southern Railway Co.
(quar.)__
Norfolk & Western Ry. (quar.
Normctal Mining Corp., Ltd
,______!
North American Car., common
(quar.)

Northwest

(quar.)

2-

series

1-31

V-

B

1

8-

common

Ltd.

■; r

.

8-

2-25

preferred

2-

2-15

2-15
2-25

J-

$2.

__

________________

Co.—y;

2-15

$1.62'A

(quar.)

Stern & Co.,

5-

"

1-31

1

93 %c

(irreg.)

tquar.)

com.

80c

_—

(quar.)

A

2-16

2-15

4

2-18

Gas—

&

Shipbuilding & Dry Dock Co._

Chemical

47*

$1.50

_____

preferred

(quar.)

2-15

25c

10c

___

(s-a)

common

Metropolitan Edison Co.—
3,90.% preferred ,(quar.)

1

CO

2-15

3-

1

2-

1

3-15

$7.50

(quar.)

preferred

$1.75

(quar.)

(s-a)

Corp.

25c

__■

.-—

i

preferred

3% 7*

$5

50c

pfd.

Assurance

25c

pfd.

1
(quar.)

preferred

10c

2-21

$1.25

Funds,

3-

3-15

(quar.)

Stores

Fire

5-

Ltd

Cement

86c

Telephone

95c

Mines,

Nopco

3-15

(quar.)

Co.

Gold

2-15

40c

$1

(quar.i_

Land

Kerr-Addison

1

2-10

(extra)

Co.,

3-

(quar.)

(quar.)

25c

Co.

933Ac

1

$1.25

Canada,

Newport News

6'A

$3.75

;

preferred

40c

Light, 4%

Co.

2-15

3-

(quar.)

&

Co.

Kempet-Thomas

1

2-11

Company

Kelvinalor

3-

1*

._.

preferred

93%c

3-

(quar.)

3.80'A

Newport,Electric Corp.

7 2-15

7

3-

3-

3-10

50c

(accum.)

1-31

Messenger

1

A

3-

1

3-15

7oc

(accum.)

2-15

Co.—

(quar.)

common

'

._
_______

60c

A

75c

Insurance

&

8"

1

preferred

Electric

2-

1

3-21

1

20c

7
7

2-

2-15

York, Chicago & St. Louis RR/

67*

Co.,

(accum.)___

Extra

•

1

Dock

2-15

(quar.)

Kawneer

New

2-10

State

preferred

37'/2C

Kansas City Power &

3-

2-28

York

25c

(quar.)_^

3-15

(accum.)

A

(quar.)____
York Air Brake Co.__^

York

Merritt-Chapman & Scott,

20c

A

2nd

3-10

Y.—

Corp.,

New

class
Co.

New

3-21

Corp

Lauglilin Steel

1st.

2-28

14c

year-end

2-14

1

22-

60c

Casualty

Zinc

New

(quar.)
Mines

Corporation,

Michigan
N.

3-

;_

2-28

2-15.
2-15

Co,—

2-10

2

(quar.;

of

Jersey

Mur

participating

2-11

$1.50

(quar.)

Co.

New

25c

._

(quar.)-.

4-

Porcupine

37'Ac

Joy Manufacturing Co. (quar.)
Kalamazoo Vegetable Parchment Co.

Kern

2-11

3-

1

tquar.)

Holdert

3-15

25o

preferred

Nestle-Le

$2

common

2-28

3-

semi-annual

Estate

Jones

1

Knitting Mills—

Increased,

Jones

3-

■*

4-

$2.40

Co.,

2-23

5

.-

Engraving

47

Payable of Reo.

20c

'

50c

2-

•

4-15

60c

_____

9

2-23

:

Meter

Extra

(quar.)_____".

$1.25

1

—

preferred

Jersey

Mclntyre

6'A%

(quar.).:

Amsterdam

3-10

Neptune
,

When

Share

Inc.

$1.75

$1.25

L____

1

New

:

pfd.

(quar.)

Maytag Company

7

America—

Co

1

j

25c

Corp.

Machine

Jantzen

1

2-

Merchant

Stock
Fund, Inc
z
Participating preferred
(quar.)
Participating
Participating preferred (quar.)
Participating

Jahn

3-

1

$1

Investors

Jaeger

3-10

20c

»

2-

(quar.)

preferred (1947 series)
$3.40
preferred
(quar.)

25c

.

2-15

Brothers,

common...

preferred

4'A%

(quar.)

25c
" 20c
$1.06'A

(quar.)

Co.

Stores,

Department

3-

3-

2-

Quarterly
May

16c

(accum,)

Mfg.

(quar.)
Bonding

75c

$1.75

2-15

3-15

(quar.)

$3.75

(quar.)

2-28

Neisner

40c

Corp.

Massachusetts

2-

1

3-

Co.—

Products

Co.

preferred (quar.)
Power Shovel, 7%

Masonite

1

(quar.)

Group

Harvester

International

:

5%
Marion

2-19

!

(quar.)

Bond

International

Intertype

1
5

1-25

25c

,

Z-

common

50c

preferred

%

22-

3-

$3

(accum.)

Co.

International

5

2-15

$25c

(quar.)

Co.

Consolidated

2-15

2-11

35c

2-28

(P. R.) & Company (quar.)
Company, common
conv. preferred (quar.)

2-21

9

5

35c

Copper

Mallory

Corp.,

2-

3-

25c

Magma

Shirt

2-15

Corp.. (quar.)——

Maltine

common—

preferred
Inc. (quar.)

25c "•

(quar.)_.

8

International Business Machines Corp. (quar.)
International Cigar Machinery Corp.__

7%

2-

Shares, Ltd.—

and

Stock

1

3-

.3-10 ;)

Per

Name of Company

5

(quar.)

Square Garden

Holdert

2-

t50c

2-15

Co

Institutional

Madison

4

Corp.—

preferred

Ingersoll-i-tand

4

2-

56'Ac
25c
45c

——

________

partic.

Water,

Silica

2-

15c

&

convertible

$1.50

1"

When

Payable of Rec.

25c

Company, com.
Company

Marathon

(quar.)__l_
Color, Ltd.,

Varnish

(743)

2-28

Co

75c

Co., common (quar.)
Illinois Central RR., 6%
preierred
Imperial

Macwhyte

Share

Paper

2-28

——

Power

Illinois

4

Co.—

(qv.ar.)__L
Peanut Co.
(quar.)

(Tom)

Idaho

2-

&

12'Ac

—>

preferred

$2.25
Huston

Macmillan

1

$1
25c
12'Ac

___'

(quar.)—___

preferred A (quar.) ——1—zHolding Corp
—1

Huron

2-11

3-

5%

(irreg.)

Inc., common
preferred
(quar'.)__

3-14

10c

.

;

Refining

Poods,

5%

50c
$$1

,

Per

■

3-

Miniiig

Hudson

._

CHRONICLE

''

'

Howe

FINANCIAL

&

class

B

A

1-31

'

preferred

$7
Kidde

(accum.)

(Walter)

Kingsburg

Kinney

&

Cotton

(G.

R.)

Company
Oil

Co.

25c

common

Kinney
Kirsch

Company,

Knickerbocker

pfd.
preierred

of

Company
(S. S.)
Company

Kress

(S.

6%

H.)

1st

3-10

2-25

2-10

Minneapolis

$1.50

(quar.)_

3-15

3-

Mitchell

interest

3-22

Monarch

2-20

1-31

2-28

2-15

5Cc

3-11

2-18

50c

3-

1

2-14

60c

3-

.t

2-

$1.50

(quar.)

4-

1

3-15

Steel

pfd.

15c

(quar.)

(quar.)

Co.

2-25

$3.25

2-15

2-

2-10

1-28

4-

$4

1

$3

3-17

Investors

50c

2-15

1-31

Moore-McCormack

15c

3-14

2-25

Morris

25c

2-28

2-10

3-

2-1

Mosinee

Motor

Laclede-Christy
Lake

of

the

7%%

Co.

Lakey Foundry
Lane

Bryant

Lanett

Lanston
Le

Monotype

Secord

Lees

Lehigh

&,

Sons

Co.

Belt

Lindsay
Lionel

$1

2-28

Co.

pfd.

(quar.)

2-

3-1
•

5

1

2-11

I

2-

Co

CO

65c

(quar.)

•

1

2-15

3-1

$1

2-

H

2-

2-15

Groceterias,
B

Inc.

1

2-28

2-

8

2-28

2-

Co., com.
(monthly)

1

2-14

3-

1

2-14

2-26

2-

1

2-

1

2-

8%

,

Loew's,

Inc.

Lorain Coal
.-a;

5%

Lord
a!

&

6%

1st

:;i

5%

^Lukens

Steel

(quar.)

(extra

&

2-18

3-31

3-21

&

Co.

&

preferred

!M.

&

M.

Sons,

3-

1

2-10

1-31

3-

2-10

1

Co.

of

4-15

3-

8

2-28

2-

8'*

3-10

2-15

3-10

2-10

3-

1

2-10

45c

3-10

2-17

s$12'Ac

3-1

2-11

—

.*

1

2-11

$15c

3-

7-22

10-29

10-19

1

2-18

!

National

Co.,

$1.12'A

$4.50 pfd. (quar.)

3-

Common

1-2-50

12-23

National'

3-31

3-10

National

(quar.)

^

15c

(quar.)

preferred
(quar.)
preferred (quar.)
Lock

$1.75

3-15

2-24

Co.

$1.12'A'
-

433-

common

(quar.)

3-20

1

5 7*

5%

2-17

1

5'/o

2-17

1

preferred

3-11

2-15

50c
$1.07

4-

12'Ac

;

2-15

1

I

2-

2-15

88c

(quar.)_

2-

2-15

preferred

Coal

I

National Tea

A

2-

2-

10c

2-15

2-

On

2-

1

30c

2-15

2-

common

5

15c

preferred

(quar.)

3-15

3-

1

A (quar.)
(quar.)

14c

2-10

2-15

2-10

10'Ac

(quar.)

2-15

12'Ac

(quar.)

2-15

2-10

.

,

1

2-15

2"

$$1.25

(quar.)___

3-15

2-28

20c

2-25

2-15

25c

,

Co.

T_,




(increased

(quar.)

2-

7

2-25

2-

4

&

Transport

share

of

Line,

1

preferred B

(quar.)

Water &

preferred

4'A%

Pcpperell

77*

common

Machine

(quar.)_

Aviation,

5

2-15

2-

5

33c

$75c

1

2-15

1-17

2-15

•

1-17

3-

1

/

2-

1

3-

1

2-

1

$1.75

3-

1

2-11

3-

1

2-15

4-

1

3-15

4-

1

3-15

3-15

&

Gear

3-

3-

$2

2-19

1

2-15

50c

2-

5

8

2-15

2-

3-

2-21

8

Co.—

(quar.)

Metals

$1.75

1

30c

2-28

2-12

40c

(quar.)

Corp.

Paul, Inc. (increased)

Pfaudler
Pfeiffer

2-23

3-10

2-15

1

1-31

12'Ac

2-i5

1-31

50c

3-10

2-19

3-10

2-25

$1.25

4-

1

3-

4-

1

3-

1

30c

3-31

3-

4

25c

3-31

3-

4

10c

2-15

2-

1

20c

quar.)

2-18

$1.50

(increased

2-10

1

$1

Co.

2-21
3-

3-

2-11'

1-31

2-15

Brewing

40c

25c

quar.)

(quar.)

2-18

2-15

(increased

Company

2-15

3-

Phelps

8-15

7-31

3-22

3-

4-

1

3-15

3-

1

50c

4

Dodge

Corp

$6

Company,
preferred
(quar.)

Philadelphia Electric
$1 preference

Philadelphia

preferred

$5

Co.,

common

(quar.)

(quar.)

(quar.)

Insulated

Wire

Co

Philadelphia Suburban Water Co.,
$3.65
preferred
(quar.)__

common

1

1

91'Ac

3-

1

2-11'

30c

3-

1

2-18

2-14

2-15

2-

4

2-15

2-

4

Phillips-Jones
Phillips
Photo

are

Corp.

Petroleum

—

Engravers

Co.

&

75c

9c

Stock

shares.

!

shares

Fibre

Cotton

(Wm.) Ltd. 57*
4'AT*

$4

preferred

common

(quar.)

Co.____

pfd.

pfd.

iquar.)
(quar.)_

3-

1

2-15

3-

4

2-28
2-28

Pittsburgh

Pittsburgh Steel Co., 57*
5'A% prior preference

3-15

2-28

3-15

2-28

3-15

Plate

Glass

1

2-

9

4-15

4-

1

4-

1

3-10

$2.50

3-

1

2-15

$1.37'A

3-

1

2-15

~.$1

3-15

5c

Co.

2-15

50c

(quar.)

(quar.)

3-15

25c

Co

2-28

10c
:

shares

Vulcanized

Pillsbury Mills. Inc.,

7c

:

8c

Building

Neiman-Marcus

2-28

2-

1

2-28

3-15

1

3-

Ltd.—

"

10c

series

shares

Steam

3-15

3-

$75c

(quar.)__

Electrotypers,

Irregular

10c

Chemical

Neilson

2-

75c

(quar.)

Pettibone-Mulliken

47'Ac

(quar.)

preliminary estimates

series

Industrial

Naumkeag

2-15

$1.50

3-15

Funds—

Institutional Series

National

1

25c

$7 5c

Trust

the following

Oil

3-

Pepper)

Co.

preferred

1

2-

$1.25

:

Corp.,

,

Permanente

2-

1

3-14

Co.—

Extra

Perkins

1

3-

25c

50c

_

!

(see Dr.

Co.

Mfg.

3-

31 'Ac

56c

tquar.)

preferred
(Dr.)

3-18

2-28

$1.10

Power

(quar.)_

Telephone

1

3-29

3-"IS

9 2'Ac

Water, $7 pfd.
Pennsylvania Telephone Corp.—
$2.25
preferred
(quar.)

Peoples

2-

20c

$$1.50

State

(reduced)

2-15

834c

(quar.)

preferred C

4

$20c
20c

3.70%

3-

2-15

1

—

Ltd

4.407*

Common

3-25

62'Ac

City)

2-25

3-15

1

3"

50c

(quar.)

1-10

3-15
4-

75c
$1

$6 preferred
(quar.)
Pennsylvania Electric Co.—

Pennsylvania

2-21

held)

common

Pennsylvania

1

Co.---

(quar.)_

common

Co.,

3-

Petroleum

10 slirs.

(Kansas

1-31

3-15

53'Ac

(quar.)

2-15

$1

shown:

1

2-15

preferred

National

5

50c

common

preferred

3.8 %

1

3-10

Co..

4'A fZo

75c

(quar.)___

(quar.)

prior preferred (quar.)
Corp
Peninsular Telephone Co., $1 pfd. (quar.).._
$1.32
preierred
(initial
quar.)
Penman's, Ltd., common (quar.)

3-15

50c

(quar.) J

Co.

3-15

Co.

Co.

Co.,

17;

25c

Machinery

1-20

Cement

1

$1.25

(s-a)

Rubber

National-Standard

2-1
■

(s-a)

2-15

convertible

1

37'Ac
'

1-31

75c
$1

Manufacturing

4-

$1.25

Extra

2-15

(quar.)

for each

Inc.

4-

25c

(initial s-a)

31 Ac

Fictures, Inc.

4-

50c

(special)

Co

Oats

$1.25

1-31

2-15

participating preferred (quar.)
Transportation
(quar.)

Peerless

Peter

4'A7o
5%

pfd. A

Service

Linen

6-21

7%

35c

Pepper,

Machine Co.—

1-31

*37'AC

Parmelee
Paton

$5

Canada

2-15

2-15

(quar.)

Rust-Proof

Peabody

4-22

3-22

$2.50

(quar.)

(quar.)

Mackintosh-Hcmphill

8

1

National

(s-a)

Woodworking Co.

preferred

9

2-

2

9-21

.;Mackinnon Structural Steel Co., Ltd.—
5%

2-

8-

1

$4

Lyons Finance Service, class
convertible

1

2-24

2-15

$1.06

Paramount

2-17

3-

5-

National Lead

..

42c

3-1

2c
2c

1

1

Co.—

Corp.

50c

i

2c

Income

,

•?»'

Quarterly

7-

4-

$1.50

Ry.

(quar.)

Lyon Metal Products

A

Quarterly
Quarterly

10-

$2.50

__

Year-end

Lynch

Chemical

Electric Welding

$2

'■

62»/2c

year-end)

Louis

St.

preferred

(M.)

?:'U

.

,

-vy

20c

_

(quar.)

Corp.

National Paper & Type, common

*

preferred A

-

Pipe

2-15

343bC

(One

preferred

Parker

20c

(reduced)

(quar.)
preferred (quar.)

$2

^Louisville & Nashville RR.
4'A%

Drug

$2

(quar.)

(s-a)

Lucky Stores, Inc.

3- *

47o

1

3-

1

1

Corp.

Heat & Power Co.

Panhandle'East

3-

40c

2-

2-15

Petroleum

dividend

3-15

$1.25

(quar.)

(quar.)

American

Stock

1-29

3-30

(quar.)

Corp.

Economic

2-15

31'Ac

;

pfd.

5 7*

(quar.)_

Philadelphia

common

non-cum

Products,

37'Ac

Henderson

-Lowensteln

2-28

$2

preferred

preferred

Common

:

(quar.)___
(quar.)
Co.,

(quar.)

Parkview Drugs,

1-21

Dock—

&

Taylor,

.Louisville,

1-31

$1

*

•

pfd.
Corp,

2-25

10c

Manufacturing

2-15

2

:

(quar.)

convertible

Conv.

2

3-

(Del.)

Pacolet

2-15
"i

40c

(quar.)

Corp.

National Gypsum Co.,

preferred (quar.)
8% preferred (quar.)___
8% preferred (quar.)

3

25c

com.

National

4

3-

$1

<K-Q%

3-

$1.75

Dairy

3-

$1

(monthly)
preferred tquar.)

2-11

2-28

3- 3

J'.lcf

30c

(quar.)

Co., com. (quar.)
preferred (quar.)—.___.

4'A'6

Ltd.,

(monthly)

Common

Pan

1

3-15

$1

(quar.)

Container

National

$25c

Pipe

2-15

2-14

50c

National Cylinder Gas

2-24

$25c

(quar.)

Common

com.

preferred

2-24

'

Joint

Biscuit Co.,

77c

8

20c

1

3-30

62'Ac

National

National

3-10

(quar.)

3-

Dehydrating & Milling Co.—

Fibres

25c

Groceterias, Ltd., class A (quar.)

Palestine

2-28

50c

Mills

2-

25c

75c

Electric

Lighting

2-15

Ltd.—

Co.,

Manufacturing-:

redeemable preferred

1

3-

—_

Automotive

3-10

(quar.)

Pacific

'r

Louis RR

St.

National

50c

4

2-10

2-24

———•

&

National

87'/2C

:

5%

3-15

,37'Ac

(quar.)
Aluminate (quar.)

$1.10

(quar.)

5-10

3-10

lc
•'

preferred

National

Corp., common
preferred (quar.)

Class

5%

1

15c

capital
Guaranteed

1

35c

(quar.)___

Co.

$5

&

preferred

2-15

25c

(quar.)J

National Alfalfa

1-31

3-

$1

Loblaw

Lock

A

Acme

6','a

2-15

3-

...

Chemical

&

1

$1.75

Loblaw
•'

class

Nashville, Chattanooga
National

(quar.)

Liquid Carbonic

";1

$2

2-

2-14

1

2-10

1

&

preferred

•

Power

quar. 1

Corp

Finance

1

593Ac

Company

Paper
Gas

5'A %

1

Glass

Pacific

2-17

'

:

37'Ac

quar.)_

Muskegon Motor Specialties Co.—

2-9

45c

3'A%

C.)

1

Pacific

^____

1

2-15

(increased

3-

&

pfd.

(quar.)

Marine
Electric

3-

20c
$1.25

(quar.)—'

Inc.

preferred

3-1

75c

(quur.)_

(quar.)_:

1

50c

6-

$1

,___

1

$2c

Oxford

3-15

•

2-18

40c

Corporation

Original

Corp,

3-

(quar.)

2-28

:'a4--L:;:*

20c

3-

3-

Oxford

$1.62'A

Oil, Mining & Development (quar.)

(G.

2-28

3-

(quar.)

3-

Extra

Special

Finance

Extra

'

fettle Miami RR. Co.—
*

preferred

Murphy

1

1

(quar.)

com.

$1
35c

<quar.)

Light

2-25

3-15
2-16

4-

3-

Paper Mills

Diablo

Mt.
■

Owens-Illinois

50c

.___

common

Heat

Pacific

(quar.)

common

Lines,

Mills,

$20c
,

Corp

Co.

1

7

1

50c

Ltd

Liggett & Myers Tobacco Co.
Link

i3/4%

2-15

3-

30c

.

(quar.)__;

(quar.)__

Cement

Mines,

Savers

22-

3-1

Co.,

37'Ac

Lexington Water 7%
Life

___■

Shops, Ltd
G.), $4 pfd. tquar.)___

Portland
Gold

'

2-21

25c

(irreg.)

Inc

(James)

Leitch

Machine

1

35c

J.$1.75

_

Co.

!!___,__

Candy
(R.

Fabrics,

$40c

(quar.)

com.

(quar.)__

& Machine

(quar.)

Tourneau

Lea

Co.,

Blcachery & Dye Works
Company
(quar.)

Lansing
Laura

(quar.)

Woods Milling

preferred

3-16

(Springfield,

Service, Inc.—
preference
(quar.)

participating

Paper

1

50c

Moore-Handley Hardware,
5%
preferred (quar.)

La

Industries_

4-

$$1.12'A

Co.

Co

preferred B

Lafayette National Bank of Brooklyn in N. Y.
France

Outboard

$25c

common

preferred series A (s-a)___

Moody's

1

Tool

Chemical

conv.

2-18

$1.25

Machine

Monsanto

1-31

4

57*

4'A',*

(quar.)

2-15
3-

$$1

(increased)-

(quar.)

Insurance

Corp.,

Light,

Common

(s-a)

Monarch

2-15

10c

10c
50c

Apparel

Life

P'ails

25c

$1.62'A

Co

Ltd.

Co., Lid.,

preference

Co.—

(accum.)

Ry.

Company,

Knitting

Mass.),

1

S.)

com,_

Implement

preferred

Louis

St.

&

(J.

Monarch

8c

(quar.)

Creamery Co., COc
Heating
Co

Laclede

1

Power

convertible

$6.50

1

37'Ac

!

&

preferred

L'Aiglon

4-

37'/2C

(quar.)_

;___

Knudsen

Kysor

Minneapolis-Moline

3-25

Company (quar.)
Company, common (quar.)

Kroger

2-10

2-20

4'A7o

beneficial

Koehring
Kresge

3-14

1

Minneapolis-Honeywell Regulator Co.,
3.20 7c conv. pfd. A (quar.)

Fund—

Certificates

;

4

10c

(quar.)_^

non-cum.

$1.50

3-

25c

(quar.»_

prior

4-

'

$1.25

(quar.)

Co.t

preferred
Mfg. Co., S6

$5

3-15

$1.75

25c

50c

$81.25
$1.06'A

2-15

2-

1

2-25

2-16

3-

2-10

1

2-15

2-

1

pfd.
1st

A

Plywood,
Pom*

&

Inc.,

(increased

Company, $1.50

Class B

(accum.)

series

Pinchin, Johnson & Co., Ltd.—
Ordinary (interim)

—

A

(quar.)

2-21

7'A%
7 ?Ac

quar.)

class

__

(quar.)

1

2-25

37'AC

3-

3-

1

2-15

1

25c

12-22
■

2-15
.

2-15

48

Per

Share

Name of Company
Potash

Holders

When

3-

1

2-15

75c

2-15

1-25

$5c

3-10

2-10

Prosperity

$1.25

4-15

4-

5

Provincial

$30c

2-15

2-

1

Mines. Ltd
——
Cot, 5% preferred (quar.)
Transport Co., Ltd. (s-a)
Public Service Co. of Colorado—

Proprietary

4%%

preferred (quar.)

$li06%

3-

1

2-15

preferred (quar.)

$1.10

3-

1

2-15

of

share

Public

Water Co.

&

3-

preferred (quar.)—
Service Co. of New Hampshire—
of

—

1

2-15

3-

87%c

1

2-15

Mexico

Service

Co.

Public

Service

preferred

2-15

2-

1

Southern

Railway

Co.,

2nd

2-25

1-17

$4

37y2C

3-

1

2-

7

12 %c

3-

1

2-

7

(E. R.) & Sons, common
preferred (quar.)
preferred' A (quar.)

$4

preferred

3-10

2-17

$3.50

10c

2-15

1-31

Standard

2-15

1-31

$1.60

4-

1

2-28

Standard

35C

3-31

3-17

25c

4-

2

3-

9

$1.12 y2

(quar.)__——_—_—

preferred A

4-

2

3-

9

$1.18% r

Co.———

Bit

Roller

50c

preferred (quar.)—;
common (quar.)___———.

Stores,

i'%%
Reed

Remington Rand, Inc., common
$4.50 preferred (quar.)

Oil

Richfield

Stoker

Riley

Rockland

5%

Co.

Oil

Paving

5-

2

4-11

2-15

1-25

2-15

1-25

Standard

2-24

Standard

Silica

Saco-Lowell

Joseph

conv.

-

Extrci

■

3-10

2-10

Storkline

3-1

2-15

Struthers

3-

2-15

5y2%
Scott

Co.,

Paper

Surety

Secord
See

3-

3-19

3-10
2-15

Sylvanite

Transit

2-22

Television

Fund

3-10

Tennessee

2-25

2-10

Tennessee Products &

3-

1

3-

1

2-11

Company
Pacific

6-

9-15

9-

12-15

12-

7%

2-

2-28'

2-18

2-23

2-

Sherwin-Williams of

class

common

3-

Tide

8-

1

7-18

Tide

3-12

2-25*

Timely

1

4-15*

New

class

B

1-28

1

2-14

Toledo

3-

1

2-15

Tobacco

3-

1

2-15

3-15

3-

7

(Franklin)

Simoh

4%%
Simon

5%

preferred

3-

1

2-15

3-

1

2-15

1

2-18

3-

1

2-18

3-15

2-25

3-15

2-25

3-15

1-17

2-15

1-31

2-15

1-31

1

3-15

3-31

3-15

2-15

1-31

1

5-

2

4-

4-

1

3-10

Co.,

1

3-15

3-

1

3-15

3-

1

3-15

3-

1

25c

3-

2-11

1

1

2-11

3-10

2-28

3-

3-

1

2-15

t30c

3-

1

2-11

$$1.25

3-

1

2-11

56 %c

Sivyei*

Steel

Skelly Oil

Skilsaw,

Co.

Inc.

$$1

Castings-;
(stock

__




2-15

3-15

2-15

2-15

1-15

25C

2-18

2-7

1

2-

—

50C

1

2-11

Electric

White

(S.

S.)

3-15

6-15'

3-

1

2-15

1:

2-21

2-

3-

12 %c

(quar.)

-

2-15

Inc.—
1

2-15

$1.50

2-15

1-19

50c

3-11

2-28

Co

1-19

Co.—
2-15

2-

75c

3-

2-14

$1.12%

(quar.)

1

1

75C

2-15

2-

1

$1.25

2-15

2-

1

$1.25

(quar.)

Brake

4-

B

3-15

2-15

25c

3-

1

2-7

3-

1

2-

7

95c

Corp.

Mfg.

3-17

50c

3-

1

2-

7

50c

3-1U

2-18

37 %C

2-14

li-28'

1

3 -15

common

(quar.)

Dental

t

87 %c

(quar.)

Corp.,

Instrument

Paper

1

1

20c

(quar.)______

preferred

Weston

'

4-

7-

Stationery

preferred

3.80%

1-31

2-15

%

50c

(quar.)

(quar.)

White's

4-

$1

Co.__

Corp.
Oil

2-15

1-28

4-

1

75c

3-

5

2-18

$1.06y4

(quar.)

3-

1

2-15

2-21

deposit

2-21

1-10

Williams

Iron
A

Trane

Company
Coal

Truax-Traer

Co.

Inc.,

com.

$6

3-15

1

3-15

2-15

1-25

3-lf)

2-28

Woodall

3-

1

2-14

5%

City

South

LaSalle

Street

Tyer

Disc

Clutch

Rubber,

Co.

$1

3-

1

2-11

(quar.)

62V2c

4-

1

3-19

50c

3-12

2-28

(quar.)__

$1.C6%

2-15

2-

4-

Asbestos

Union

Bag

(quar.)

Rubber

&

25c

(quar.)

Paper

Corp.

50c

(quar.)

Extra

Union

Electric

Co.

$3.50

preferred
preferred

$4.50

Union

4

2-15

1-31

2-15

1-31

Co.

5%

preferred
Biscuit

of

Co.

Crampton
Electric

Corporations,

Class

B

preferred

Wisconsin
$4.80

4%%

Power

Electric

Coal

Extra
United

7%

3-

1

2-15

$1.25

(quar.)-

3-

1

2-15

$1.25

-

25c

class

A

$38c'
$25c

(quar.)_

Wooaside
Woodward

3-15

3-

3-

preferred

1

Light & Railways Co. (Del.)
6 %'preferred
(monthly)——
6%, prlcr preferred
(monthly)

3-10

2-15

3-15

3-

1

7%

7%

preferred

2-28

2-15

3-

2-15

25c

!:

31 %c

(quar.)

$50c

Governor

Combing

Woolworth

Woolworth

(F.

1

25c

4-

1

25c

Co.___

3-

4

(monthly)
prior preferred (monthly)
prior preferred (monthly).
prior preferred
(monthly)

3-21
'

Corp.

2-17 '

W.)

Co.

4-10

3-25

50c

Canada,

of

3-

1

2-10

3-

1

2-10 ;

$40c

Ltd

(quar.)

(P^W.) & Company, Ltd.—
(final)

35%

3-14

(bonus)s

20%

3-14

_

(Whi.)„

Mines,

Wyandotte

1-25

25C

3-21

2-28

$1.12%

3-15

2-28

$1.12%

25b1

Jr.,

1-25

3-15

2-28

3-1

2-19

Co.

-

10c

3-15

2-28

;

10b-

6-15

".5-31

(quar.)___

10 c

i

Worsted

Co.

.

Ltd.

Common

2-28

-

2-14-

*

2-15

2-28

1-31

Machine

2-28

2-14

25c

4-18

4-

(quar;

37%C

4-30

4-20

(quar.)

37 %C-

7-30

7-20

$1.25*

3-15

2-18-

(quar.)

4

.

1-15

Yellow Cab Co.—

2-28

1-31

convertible
convertible

2-15

3-10

6%

2-24

Youngstown
Zellers,

preferred
preferred

Sheet'

Ltd.

com.

3-10

2-24

2-15

2-

4

2-15

2-

4

55c

4-

1

3-

1

2-15

tPayable in

4r

1

3-15

iPayable

& Tube

(increased quar.)

$50c

5-

1

4-15

$37%c

5-

1

5-

1

4*15

:

4-15

$31 %c

.

(increased)

3-14

50c
50c

-

2-28

3-31

Ordinary

75c

common

(irreg.)..

United

6.36%

2-28

50c

Wool

$1.75

Co.,

(quar.)

Co.

.2-28

10c

3-10

25c

Illuminating

1-31

3-15

2-17

1

25c

(quar.)

Foundry

2-15

3-15

Mills

Cotton

3

4-15

1

2-15

Ltd

Co.,

2<-

28c

(quar.)

common

preferred

Common

75c

—__:

United

Inc.,

i

4-30
3-

$1.20

common

Wrigley

65c

pfd.

(quar.)

Engineering &

3-

$1.12%

Co.,

Wright-Hargreaves
Monthly

America—

Cos.

%C

1

90c

1-31

t50c

Corp.

1-25

$1.50

Light

Industries,

Mfg.

2-

2-15

27

preferred (quar.)
preferred (quar.)__,

convertible

3-14
2-28

2-15

(quar.)
&

1

Co.—

2-18

Extra

Elastic

Power

(quar.)

2-15

(quar.)

United

7

1

4-

15c

3-10

Circuit, Inc.—

Ltd.,

2-

3-

3-15

'

$2.50

Corp., (quar.)

(increased)

.

Yates-American
United

2

1

$1.50.

93%c

conv.

(quar.)

United

2-

$1.06%

$1.12%

(quar.*)

Theatre

2

2-16

25c

common

(quar.)

Worthington' Pump & Machinery Corp., com.
4%% prior preferred (quar;)__.__
4%% convertible prior preferred (quar.)

.

(quar.)

Corp., 5%

Artists'

4

3-

87%c

(quar.)

Car

3-

9iy2c

Co! of California—

Aircraft

2-

25c

(quar.)

3-

2-16

Ordinary

(quar.)____.

preferred A
Tank

3-14
3-14

(Missouri)—

(quar.)

preferred
Oil

United

2

1

25c

&

1-28
2-15

30c

3-10

Corp.

preferred

$4.25

&

3.60%

Woods

Seventh Unit, Inc.—
preferred (uccum.)

208

1

4-

15c

(irreg.)

4-

35c

;

(quar.)

2-19

50c

(quar.)

Tung-Sol Lamp Works,

2-15

10c

1

15c

Co.,

Company com.

preferred

1

$i5c

(quar.)

(The)

3- 2

(quar.)

Company,

Common

3-

115c

;_

common

B.)

preferred

tl5c

Ltd.

Works, Ltd.,

2-

3-11

(quar.)

common

Mfg.

Line, Inc., common
1st pfd. (s-a)

Wisconsin

12%%

Elevators,

&

$4.25
Wilson

5%

ordinary

for

Lace

(J.

preferred

Winters

10.2857%

receipts

;

1-10

Co., Ltd.—
receipts
for
deferred

(final)

Company,

Wilkes-Baire

Wilson

Trust

_*•.

Inc

3-15

*

Co

2-15

(quar.)

Wilcox

12 %c
15c

Stores,

Wickcs

7

Auto

8

1

15c

preferred

deposit

American

6.30%
10%
10%

dividend)

(quar.)

2-15

3-15

50C

(quar.)

3-15

$$1

A (irreg.)

3-

$1.75

Co.

Electric

6%
1

$$1.12%
Corp.

4y4%

United

Inc.—

(quar.)

2-11

$20c
aOc

(quar.)

6%

62 %c

50C'

&

3-

25c

(quar.)

3-

3-

40c

(quar.)

(final)

8

25c

—

Co.

3-15

1

Co.

Air

•

1

3-15

40c

(quar.)_____

(quar.)

Bearing

Securities

American

2-15

25c

(quar.)

i

Simpsons, Ltd., class
Class B
(irreg.)

Oil

Roller

United

quar.)

Co.

1-31

2-15

3-

RK.

Westinghouse

1

3-10

$$1.75

class A

:

$1

2-25

4-

4-

Co.

Co.,

Coke

Supply

Westinghouse

6%.

3-

25c

common

Oil

Co.

Inc.

Edison,

$3.75

(H.) & Sons, Ltd., common-—
redeemable preferred (quar.)

Sinclair

Timken

1

2-25

2-15*

3-

$1

&

(quar.)
preferred A

3%%

2-10*-

1

(increased)

Pulp & Paper
preferred (quar.)__

preferred

2-15

3-

Co.

Coal

&

2-15

3-15

$1.12

(quar.)

Tablet

3-12*

%

2-21

(quar.)

Auto

"

35c

(quar.)

Snowdrift

Electric

7-15

2-11'
12-29

20c

(quar.)

$1

Union

(initial

—

Power

Clothes,

3-

Canada/ Ltd.—

Slgnode Steel Strapping
5%
preferred (quar.)
Co.

Water

2-15

$20c

Signal Royalties Co.,
Class B (quar.)

Simmons

Associated

Water

5-

1

A

preferred

5%

1

3-15

Co

Thompson' Products, Inc.,
4%
preferred (quar.).'

$3.70

quar.)

3-

50c

(John)

Union

(quar.)

3-15

2-15

;

(quar.)_____

preferred

Whitaker

4-18

$1

$1.75

3-

2%
40c ;

2-15

25c

_____i__

1-20

62 %c

2-14

1

&

Penn

5 %

Mills

Cotton

1

.v.

Tudor

(quar.)

2-28

$1.12y2

(quar.)__

(quar.)_

5-

Twin

(initial

A

com.

pfd.

2-

Signal Oil & Gas—
New

Co.

4%%

2-15

23c

Common' (quar.)

preferred

Mills

10c

$5c

Co.,

2-11

1

6-15

25c

preferred (quar.)

4

1

Common

3-15

2-10

59 %c

3-

2

3-

common

Co.
Manufacturing

preferred

Western

4

1

Class

—

2-11

6-25

25c

(quar.)_.

3-

4

58-

?■

r

4-15"

%C
20c

37

V

2-17

2-14

37 %C

(quar.)

Engineering
Oil

2-18

2-28

$1

Corp.

class

Western Pacific

2-11

1

3-

4-

Thompson

40c

1

4-

:

50c

2-15

$27%C;

(quar.)_

50c

1

$30C

3-

25c
25c

pfd.

(quar.)

Common

3-

$25C

Sherwin-Williams

Oil

1
'

(quar.)

Virginia

1

Common

2-15

15c

$1.75
75c

Works 7%
&

preferred (quar.)

Thomaston

1

$1.12%

2-

9

3-

tlOc

2-15

3-

3-

20c

Co.,

Ltd.,

West

5

15c

D.)

Virginia

2

2-

2-15

10c

&

4%%

2-11

1

1

$31%

(quar.) _____!_
(quar.)

preferred

Western

2

33-

pfd". '(quar.)

5%

-

3-10-

75c
40C. %

1

Co.ic_u_-_:'__-__

Ltd.,

Petroleum

(S.

9-20
12-22

3-21

Company;

&

West

2-19

;

Shovel

Tliew

2-

2-15

Corp

2-15 <

Co

& Iron

Dare,

1
1

$1.37%

(quar.)"_;__£_i_

Corp.

6-20

7-

10-

1-3-50

25c

6%

4

3-10

.*

(increased)

(quar.)

7%

2-10

25c

(quar.)

Coal

Flour

2-

pfd.
Co.

Company, 4% conv. pfd. <quar.)_
convertible preferred (quar.)

West

2-15

3-

10c

Extra
Tex-O-Kan

3-

3-

50c

Water

Haute

Texas

6-15

3-1

Terre
Texas

1

3-

75c

(quar.)__

Chemical

$4

1-20

(initial)

Toronto

(quar.)—

4-

2-19

Wesson

1

Co

2-14

3-15

Ltd.—

common

2-

:

Brewing Co.

Toronto

(s-a)_

3-

3-21'"

2-19

W'entworth

1

15c

3-10

2-10

cl. A

3-

1

1

Wellman

2-15

4-

50c

1

2-

Corp.,

preferred

Corp

3-10

2-14

(quar.)

3-

tiy2c

Ltd

3-25

J75c

Products

Mines,

4-

10c

40c

^

Corp.

40c

(s-a)

B

Gold

Talon, Inc,
Tampa Electric

3-10

preferred

'37%c

(quar.)

75c

Taggart

50c

Brewery, Ltd.,

Winnipeg

preferred
(quar.)

4-

1

4%

2-15

1

2-25

62 %c

__!

Walgreen Company com.
4%
pieferred (quar.)

2-15

3-

8

3-

Waterous,

2-15

4'

3-

3-

Weeden

2-15

(quar.)__;

Company

2-15

$25c

—

$4.50

Oil, 6%
preferred

2nd
&

2-15

25c

Inc.,

1

1

2-25

5c

2-15
2-

2-28

15c

; $1

$1.25

prior

Norman

$4.50

2-25

3-

t3iy»c

—

3-15

1

62 %c

Walker

1

25c

3-

62 %c

Warren

5

2-

2-15 *

22 %c

62 %C

Warren

5

2-

2-15

3-

1

50c

(quar.)

2-

2-15

5c

1

(increased)

A

2-15

18c

Special

(quar.)

Shops,

40c
31 %c

(quar.)

$1.06%

(quar.)

Vogt Manufacturing Corp. (quar.)
Wagner Electric Corp. (stock dividend)

2-18

37l/2c

85C

Extra

7%

Swift

s

3-15

2-28

2-15

1

common

(quar.)

6%;. preferred
6%
preferred

2-15

common.

Co.,

Drug

3-

91%c

Shawinigan Water & Power Co. (quar.)

4%

4%

2

1

1

preferred (quar.)
Tool Si Die (quar.)

6%

62y2c

(quar.)

(quar.)

iquan)__

27 ViC

—

(quar.)

International Investment
partic. preference.

class

Extra

43A%

1

3-

common'

4-

3-

1

3-

Virginia Dare Stores Corp. class A_c.i^i____
Virginian Railway

2-18

3-10

$1

27y2c

:■____

Corp.,

Shellmar

3-

3-12

50c

(quar.)

Co.

4%

Ltd.,

Class

3-15

Swan-Finch

Co,

7c

(quar.)

(quar.)_

Superior

3-15

15c

Class B

Shea's

Ray

3-15

4-1

-

Candy

Participating

Servel,

Sun

3-15

1

25C

Security Banknote Co., common——
$1 preferred (quar.)—_—
Serrick

2-15

1

4-

30c

Canadian

Co.,

1

4-

Secord

Laura

Second

Oil

25c

(quar.)

& Co.

(Laura)

Sun

$1.25

Scythes & Co., Ltd., common.,—_—_
5%
preferred (quar.)—____
——
Seaboard Oil Co. (Del.) (quar!)—
—

Sears Roebuck

2-23

7c

Scovill Manufacturing Co., $3.65 pfd.

Seaboard

5

1

3-

(quar.)

Virginia

2-25 ;■

3-

1

25c

Co

Co.,

Vanadium-Alloys Steel

1

25c

pfd.

common

50C

Co

Dillon

Corp.,

3-

Co.

common

preferred

$3.40
Scotten

Wells

3-11

2-10'

Co.—

Sugar

Virginia Coal

5

3-25

2-10'

2-25

(quar.)

Verney

2-16

10c'
56c

Suburban

3-

.-25c

2-25

(quar.)

$5.50
Van

1

3-1
i

4-

50c

(quar.)

Valley Mould & Iron, com.

1

3-

1-24

4-15

preferred
preferred

5%

1

3-

50c

Corp.

10c

Corp

preferred A
preferred A

5%%

Furniture

20c

—

:-

preferred (quar.)
Propane' Gas Corp

$1.25

3-

1

1-31

3-10

preferred
preferred

5%

AcidVvvnvr/-.

Stonega Coke & Coal Co

3-

$1.12%

_____________________ _ _ _ __

Schenley Distillers
Schwitzer-Cummins

Drug

3-15

$1

2-10

,*.25c
12%c

(quar.)__

2-15

$1.25

Corp.
—
Sayre & Fisher Brick Co. (quar.)

•.

v:.

Sterling Motor Truck Co., Inc
Stern & Stern Textiles, 4%%

$1.25

Arms

Savage

Bros.

3-15

$1.50

2-19

25c

Sterchi

Sterling

Syracuse

(quar.)
(quar.)—:
A vtc (quar.)
A vtc (quar.)
(quar.)
Safway Steel Products, Inc. (quar.)
conv.

(quar.)_•

(quar.)_
Inc. (quar.)

6-15

12 Vic

A vtc
A vtc

preferred
preferred
5% conv. preferred
5% conv. preferred
St. Regis Paper Co.
5%

'5%

Mfg.

Co.'(quar.)_
Phosphate
&

9-15

$1.25

I

2-28

Stores,

3-15

1

3-

20c

:^<.y

12%c

Louis-San

40c

1

2-15

10c
50c

Inc.—

pieferred

Knitting

5%

1

2-

5%

1-31

1

2-15

1-31

2-15

4-

1

1

50c

&

1

3-

Company

(A.)

7-1

Utica

:

3-15

'

1-31

4-

3-30

(quar.)___

(quar.)___

Winding

convertible

Utah-Idaho

1

4-

Co.

Co.,

preferred

Universal

3-

4-1

4

1-31

(quar.)_:

3-

v.2-15

4

2-

2-19

.;

Pictures

y

2-

3-10

;

Oil'

Consolidated

Insurance

•3-' l

tlOc'
$$1.25

3-10

$1.50

(quar.)

com

3-15

„

pfd.

$6

pfd.

Universal

1

(increased)

4%

Universal

4%%

3-15'

$1.25

.

Specialty

4-15
1

2-14

1

tl5c

(quar.)

Inc.,

2-

90c

(quar.)

&

2-15

5-

3-16

1

$1

Corp.,

Special

2-18

Stein

Stores

Universal

•

40c

Corp.,'Ltd.

2-15

3-

9-15

10-

2

Steel

3-15

45c

3-10

1

37y2c

Water, 6% pfd. (quar.)
Francisco Ry., com. (initial)-

St.
St.

4-15

2

3-14

10-

50c

Shops

2-15

5-

30cu
87y2c

Supply Co

42 %c

preferred (quar.) —

3-14

-,60c
.-4..y,15C

Spring

Fuel

$1

Ryan Aeronautical Co.——————
Ryerson & Haynes; Inc
•—

Wallpaper,

1

2-

State

25c

4%%

(Jacob)

Ruppert

Utilities

United

quar.)

(quar.)

Wholesale

$25c

——

United

3-

.

(quar.)

5c

Common;: (quar.)
5% preferred (quar.)

2-15
2-11

2-17

6-15

—

Theatre,

1

3-10
3-15

2-15:

7-1

$1.75

United

3-

3-10

2-15

$1.75

United

1

3-15

$1.75

2-15

,

$1.75

Corp., common
Special
7%
preferred
(quar.)

1

62 %c

1

4-

75c

common

$1

Steel

S

4-

3-

$1.50

i

$1:12%

(quar.)_

(quar.)_

Printing & Lithograph Co.,
preferred (quar.)

3-

9

1

Works

5

3-

1

Standard

U

2-10

3-

S.

5%

3-

2-

4-

Card

$1.37%
$1.37y2
50c

(quar.)—i

Equipment

:_

Playing

3-15

$1.50

1

Corp.

Steel

Standard

U.

3-15

1

4'-

Railway

3-15

$1.75

4-

1

S.

______

r

Extra

2-15

10c

U.

8-15

3-

3-10'

$1.75

Inc.

Bros.,

5-13

9-15

50c

3-10

Co.

Standard

preferred

Roxy

6-15

$1.25

California (quar.)
$1
(quar.)_
50c
Materials, Ltd., com.__ -.v;
$50c
Partcipating convertible preferred' (s-a)t3iy4c
Participating preferred non-cum1.
-i_'%y43iy4c:
Participating
;
:i
--,$506
Oil

Standard

2-10

$1.75

(quar.)
—
Inc., $1.50 pfd. (quar.)——
Royal Crown Bottling Co. of Louisville—

Roos

$1.25

(Indiana)

Standard

4-15

Co.,

&

2-15

(quar.)

Corp,

$1.12 y2

pfd. F (quar.)

2-15

3-15

&

4-15

1

40c'

cl. A (quar.)_

3-15

of

1

1

45c

Co.

Mfg.

Forgings

5-

(increased)
30c
common
(quar.)
—
$1.25
(quar.)
—
$1.25
5% series A preferred (quar.)——._
$1.25
5% priof preferred (quar.)—
._—
Rolland Paper Co., Ltd.* 4%% pfd. (quar.) $$1.06%
40c
Ronson Art Metal Works
(increased quar.)
Rockwell

Rockwood

3-16

Co.,

preferred

conv.

456",

(quar.)

Co.

Gas

$1.60

20c

Robinson, Little & Co., Ltd.,
Rochester Gas & Electric, 4%

11-30*

4-1

preferred (quar.)
Standard Dredging Corp.

$1.31%

Gas

Valley

Grande

Rio

12-20

5%

3-

5-

50c

Corp.—_

8-31*

75c

50c

$1

$1.25

preference (quar.)__—
Ltd., com. (quar.)_

Chemical

15C

15C
,

(quar.)

Corp.

convertible

25c

(quar.)
(quar.)—
Revere Copper & Brass, Inc., common
5'/*% preferred (quar.)—
——.
Reynolds (R. J.) Tobacco Co.—
Common ' (quar.
interim)
Class B (quar. interim)
Rheem Manufacturing Co., common (quar.)
4%%
preferred (quar.)
Rice-Stix Dry Goods Co.—
7%
1st preferred (quar.)
7%
1st preferred (quar.)
7% 1st preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
preferred A
preferred B

6%

2-28*

5-31"

(reduced

com.

2-28"

9-20

(quar.)
Seal Corp.—

&

Cap

Standard

Republic Investors Fund—
6%

(Conn.)

Water

Brands, Inc.,

10c

Owl

Red

Co.

Stamford

3-21

75c

Squibb

1-28

(increased quar.)

Co.

6-15'

75c

Quarteily
Quarterly

25c
$1
$1

Spencer, Kellogg & Sons (quar.)
Spiegel, Inc.. $4.50 conv. preferred

2-15

2-25

1

7-

Quarterly

(quar.)

50c

2-16

3-10

50c
22 %c

—

2-28

1

$5.50

;

2-10

-

3-12

3-

1

1

50c

Spear

2-

1

3-

6-20

2-15

2-28

Foundry

4-

$1.06%

'

75c

1

2-28

Pipe &

2-10

(reduced)

S Lines Co. (N. J.) common
4%% preferred (s-a)
I
S.

2-10

1

$1.75

,7% preferred (quar.)_____
S. Hoffman Machinery Corp.—
4%/%
preferred
(quar.)I_

U.

1

4-

1-20

3-

$25c

1st

2-15

1

1-31

3-

$1

2-15

60c

Standard

non-cum.

3-

U.

2-15

62 %C

$306

$1.25

_i_—1

2-15

$4

(quar.)_

3-10

3-15

Inc.—

(quar.)

3-21

1

40c

Power Shares,

Finishing Co., common
preferred (quar.')
:.

25c

4-

$1.50

2-1

5

1-28

$5.50 1st pfd.
preferred (quar.)

2-15

2-28

2-

1

2-11

1-17

2-28

(quar.)

Company,

$5

(quar.)

2-28

1

$25c

2-15

2-15

non-cum.

&

Co.

Coi'p. '(special)____

30%c

3-

2-9

Insurance

—

3-

1

1-24

3,-10

2-28

(quar.)

common

Light &

S.

S.

1-31

,

25c

Reading Company—
4%

Co.—

Co.

Electric

U.

U.

4

JJ

1-28

3-

2-15

2-15

$1.12y2

—

25c

preferred (quar.)
Purity Bakeries Corp.
(quar.)
Purity Flour Mills, Ltd., common
Quaker Oats Co., 6% pfd. (quar.)_
Quaker State Oil Refining
Quebec Power Co. (quar.)
Rayonier, Inc;
(quar.)
Ray-O-Vac Company
(quar.)

22%c

preferred (quar,)
■„5%
non-cum.
preferred (qUa'r.')___
5%
non-cum.
preferred (quar.)_
Southwestern Public Service; com.
(quar.)__
Sovereign Investors, Inc
—?_
Sparks-Withington Co.—
6%
convertible preferred (quar.)

3-31

2-

40c

(quar.)
Power, common
Gas

Machinery

37 %c

5c

Shoe

2-25

2-11

3-10

(reduced)

Edison

Natural

50c

convertible

Extra

California

Southern

20c

V

1

25c

(quaf.)__

(quar.)______;—

1-31

35c

(quar.)___

Sound Power & Light (quar.)
Pullman, Inc. (quar.)____„__
Pure Oil Co., common
(quar.)
.—

3-

Pacific

United

2-11

Bag & Paper—

Canada

5%

1

Payable of Rec.

Share

of Company

Holders

When

Per
Name

2-18

3-

87%c'
$1.05''

(quar. )'_4--_

25c

,——

Puget

5%

Advance

4.80%

3-10

75c
$25c

pfd.

conv.

Works

Lathe

preferred

Southern

Holders

When

United

Co.,

Bend

2-15

Electric & Gas—

preferred

Pulp Co'.
Ltd

Soundview
Southam

90c

Co..

Southern

—

______

New

Public

$1.40

Aircraft

85c

(quar.)

preferred

3.35%

4.20 %

Monday, February 14, 1949

Payable of Rec.

,50c

(quar.)

preferred (quar:)
preferred (quar.)__:
Oil Co. (quar.)——__—

-\3%%

4y2%

cap¬

Per

Share

Socony-Vacuum

Southern

a

each share held__

ital stock for

3%%

Gas

Indiana

of

3/100

dividend)

\

■

CHRONICLE

& Sons Carpet—

(Alexander)

Common

South

of Indiana—

Co.

(stock

Common

Smith

Solar

4.40%

Public Service

.

of Company

Name

Payable of Rec.

35c

(quar.)

Co.

Gamble

&

(quar.)___

America

of

Co.

Procter

& FINANCIAL

COMMERCIAL

THE

(744)

:5%

preferred

(quar.)..,

preferred

(quar.)

books

•Transfer

not

.____

closed

for

this

'

dividend.

—

53c

——

___,

3-

1

2-15

53c

4-

1

3-15

58%c
58%c

3-

1
1

3-15

Funds, less

Canadian

in

funds;

15%
-

tax

15%; resident tax 7%.

a

Less British

x

Less 30%

income tax.

2-15

4-

resident tax

U. S.

Jamaica

income tax.

Canadian non-residents'
deductible

at

the

source.

tak':;

Nbh-

Volume

COMMERCIAL

THE

Number 4777

169

FINANCIAL

&

Corporation and

6 Mos. Ended Dec. 31—

Net

Investment News
'*

'
'

■

10)

♦After

$4,239,772

participations of

__—/

employees

■

and

officers

certain

outside

to

Sinking

2,141,226
127,000
69,979

foreign

sub.

from

held

territories,

operating

companies

sink,

1,266,712

debs., due 1959 (non-current)
payable maturing after one year

Accounts

fund

preferred stock (par value $100)
stock (par $1)__

Common

Capital

surplus

Earned

surplus

Total

.

782,222
666,336
10,000,000
5,992,000
740,000
5,691,000
960,498
9,717,962
11,569,998

432,683
10,000,000
5,688,000
621,667
6,589,000
960,498
9,717,962
7,405,432

abeyance——-

in

...

$47,984,034 $53,906,605

—.

in foreign territories subject to con¬
tingent liabilities reported.
+ After reserves for depreciation, amorti¬
zation and replacements of $1,693,479 in 1948 and $1,397,388 in 1947.
tAfter deducting U. S. Treasury notes at redemption value: $7,013,047
in
1943
and $3,670,634 in
1947.
SAfter deducting $345,543 of lia¬
bilities payable therefrom.r—V. 169, p. 539.
consolidated

•Not

1,297.660

600,000

$2.95

$2.98

$3.74

Wholesale
—V.

accounts

in

the

Corporation

consolidated

owns

earnings

three-quarter

a

Equipment Trusts Offered

—

for the

months

six

are

Dec.

ended

in¬

inc.

641,891

other

&

other

issued

revenues-

expenses-

$3,464,726
3,316,482

$148,244

1,742,283
1,609,945

accruals

107,196

tax

accruals

•218,113

215,616

•2,804,352

1,764,935
1,199,020

109,584

91,136

1,284,035

1,137,835

$941,705

$5,683,531

$5,861,128

80,085

81,089

1,066,813

1,199,788

1,482,296

84,168

1,010,000

1,010,000

Equip.

$392,814

$396,480

$3,629,071

&

1,366

85,980

27,831

$406,492

$397,846

$3,715,051

55,650

667,800

667,800

&

17,424

'

17,424

1,093

8,098

deducs

to const

209,092

64,044

$333,752

110,061
Crl,138

$2,786,446

$316,674

Balance

-V.

215,720

Crl8,959

Net ry. oper. incomeIncome

$2,905,963

384.

p.

$860,615

$4,616,718

$4,661,340

64,968

84,890

682,273

764,734

$$301,766

$945,505

$5,298,991

$5,426,074

97,842

378,072

1,222,429

865,615

48,635

46,928

540,562

617,808

$$448,243

$520,505

$3,536,000

$3,942,651

210,000

$2,576,446

169,

t$366,734

$3,115,963

Crl,427

income

Net

Weeden & Co.—Annual

Miscell. deduc. from inc.
Fixed charges

tNet

income

♦Includes

authorization, at

Net

^Deficit.—V. 169,

the

issue

99.043,
Bids

99.596

2s

and

the

Co.,

Inc.,

used

at

estimated

cars.—V.

cost

of

about

& Hutzler,

Bros.

Lehman Bros., 99.037.

and

99.2399.

(Inc.)

be

net

99.684; Kidder, Peabody & Co.,

Higginson Corp.,

Co.

a

Salomon

were:

&

will

99.092,

rate

$4,750,000,

than

less

not more

for

provide

to

not

of

year.

amounting

preferred

common

previous

stock

to

stockholders,

shares

of

$110,000

dividends

of

which

is

month

for

of

compared

1948,

of

periods

$98,000

$3.63

of

Regular

dividends

totaling $2

new

paid

were

share were

a

INCOME

the

on

preferred

paid during the

ACCOUNT

Freight

revenue

Passenger
Total

FOR

year

on

CALENDAR

income

the

u,

Total

Net

and

-

:

accruals

Tax

Fixed

joint

and

facility
fixed

for

available

Income

charges

rents

charges

__u

69,407,447 65,570,599
73.32 ^y
81.18
10,029,903

-

_____—

——

Net

•

$7,844,570
$10.02

$10,997,654

income

Earnings

share

common

per

—

$15.30

.

faith

SHEET,

1948,

5,

while

the

May

6,

14.62%

increased

revenue

includec^ $87,028
principally

business.

•

account
due

to

in

increase

volume

of

425,269

508,912

amounts

of

included

In

the

awards,
In

$1,132,401

$32,638

1948

the

effective
of

cost

and

account

Oct.

1,

DEC.

31,

and

fuel

other

,"Railway tax accruals increased 20.92%.
Federal income tax in the
year
1948, amounted to $7,366,404, as compared with $4,709,469 in

1947,

an

Payroll

1947,

-increase

in

taxes

of

$2,656,935

1948

were

due

to

$2,595,076,

increase

in

compared

taxable

with

(unsecured)

Prepaid

and

income

charges

in

1948

increased

$3,103,973,

after

fund

$7,393,274.
on

fixed

and

stock in

1948 compared

7,530

expenses

FOR

-December—

Gross

1948

from

Net

from

Net

ry.

AND

CALENDAR

1947

Notes

Due

(secured)

payable

to

Securities

due

$2,855,000
200,000

(unsecured)

customers

(secured)

6,000

27,000

to

customers

(at market)

and

expenses

1945

$8,728,296

$8,599,491

$7,441,627

$6,468,633

2,749,251

2,890,154

1,692,559

income.--

851,755

998,187

647,425

bonuses

Net

ry.

pper.

income—.

•Deficit.—V.

94,657,837

80,766,674

30,317,225

25,250,390

15,196,075

13,007,912

10,089,578

6,682,347

169, p. 51.




91,077,915
•

equipment

has

trust

authorized

the

certificates.

company

See

V.

169,

yy.."
1947

1948

$2,760,000

2,610,000

2,471,000

$181,000

$289,000

1,000

2,000

$182,000
6,000

$291,000
2,000

67,000

107,000

3,000

Item

of

stock

Earned

—V.

are
subject to a four-year sales agreement effective
graduated prices ranging from $39 to $42 per share.

share

Interstate

Minn.,

the

on

approximately

$342,621.—V: 168,

p.

in

1949,

allow

to

10

ICC

Examiner

claims

contractual

and

market

value

of

2332.

the

of
to

refusal

Homer

ended

15.63%
week

Feb.

over

of

the

5,

the

electric

1948.—V.

totaled

1949

output
169,

properties

p.

119,429,000

102,689,000

of

of

kwh.

this

"kwh.,
for

for

an

the

the

increase

of

that

was

has

to

prepare

Minneapolis,

in

been

adjourned

until

examinations.

cross

on

whether
subordi¬

refused

hear

proceedings.
within

not

come

the

did

the

proceedings.

An

scope

the

of

application

to

be filed before May 10.

that issue is expected to

on

The basis for his

controlled by Canadian Pacific Ry., holds 103,595 shares

at

$1

Central

to

prior

its

on

Ry.—V.

p.

advances

made

The

Soo

Canadian

The

refunding

and

169,

and

receivership.

books.

first

5%

the

of

stock

common

latter

the

holdings

Wisconsin

to

the

in

reopening

Central

to

$8,560,285

in

testimony

Canadian Pacific Ry. should be

and

issue

the

order

Soo Line,

$7,050,087

company

involved

Kirby

Line"

"Soo

Wisconsin

these

of

parties

all

hearing

reorganization

other claims and stock

Commission's

The

West Penn Electric Co.—Weekly Output—
output

$0.69

5,750

of

Power

$1,192,000
1,492,000

Adjourned—

Commission's

Commerce

company's

present evidence

a

.

Wisconsin Central Ry.—Hearing
The

mitments

with

$1,444,000

' y $0.37

1

1932

31,

294,830 shares

on

1300.

p.

NOTE—The above balance sheet does not include unsettled purchases
sales at Dec. 31,
1948, representing ordinary transactions with
customers, issuers and security dealers.
In addition, the firm as a
participant in joint accounts carried by others had contractual com¬

1948

263,000

1,509,000

surplus since Aug.

nated

31,

$1,455,000

surplus
per

168,

May

which

of

shares

Dec.

$1,665,000

-

50,345

shares

8,050

are

1,273,000

year

Dividends

587,261

$4,438,317
in_ this

$182,000

1,556,000

221,000

surplus

beginning of fiscal

300,000

Total

at

(est.)_

$109,000

surplus,

318,198

•Included

r

taxes

income

115,876

shares $50 par 4% convertible preferred stock
shares no par common stock

Line

totaling

carries

Pacific Ry.

mortgage

bonds

owns

the

of

645.

corresponding

645.

Yeakley Oil Corp., Alamosa, Colo.—To Withdraw Reg¬
Western Air
The
for

the

miles

Lines,

corporation

p.

12-month

were

flown

Inc.—Operating Efficiency 98.32%

istration Statement—
The

reports

system

a

operating

efficiency

of

statement
out

of

a

total

of

8,679,666

scheduled

miles.—V.

169,

stock,

the

•

1948

1947

$
■

sales—retail

gas

wells

on

which

of its registration

requested withdrawal

4

and covering

1948,

"financing

used in

to .be

were

10,000 shares of common

drilling

make

further

company's leases."

withdrawal

been

$

69,305,636

before

Provision

for

prov. for Fed.

Federal

inc. tax

income

tax__

for

offered

52,089,395

49,026,990

121,395,031

107,619,168

9,396,001

6,998,929
2,793,915

4,644,422

D.

earnings

states

that

reorganization,"

sale

or

sold.—V.

"we

and

167,

Kearney,

5,750.418

4,205,014

7,546,828

$7.65

$5.60

$10.04

for

has

been elected

demand

President

lowering

President

Farrington,

RR.,

Increased

manufactures

Net earnings per share

request

wish

to

that none

p.

of

the

a

stock has

2178.

12,191,250

3,645,583

John
Pacific

sales

possibly

Zonolite Co.—New Director Named—

58,592,178

58,058,393

125,987,662

;

and

1946

67,929,269

Wholesale

Net

Feb.

on

April 30,

proceeds of

oil and

of

The

Net

filed

.

25,533,041

8,666,113

corporation

98.32%

period ended Dec. 31, 1948, when 8,533,467 scheduled

540.

♦Earns,

railway.— 107,361,529

and

World

director.—

a

(& Sub.)—Earnings—

income

Capital

444,295

railway

Commission

2%

deductions

Earned

•3,644,048

from

from

of

income

2,127

dividend payable Jan. l, 1949_.
for Federal taxes (1948)

Years Ended Dec. 31—

From January 1—

Net

the

of

elected

profit from operations

4,800

:

Surplus

at

directors

of

Woodmen

been

goods sold and expenses

Earned

1,710

lent

Total net

Gross

board

the

JS $2,791,000

Total

'$4,438,317

payable

Loans

YEARS

railway—
railway

oper.

Commerce

Prov. for Federal Income

audit

1946

has

sales

Other

LIABILITIES—

with $10.02 in 1947.

DECEMBER

of

Omaha,

11,722

Western Auto Supply Co. (Mo.)—Earnings
EARNINGS

the

of

Committee

of

540.

$2,120,000

Total

57,128
36.277

:

1

fixtures

and

Available

common

Chairman

Finance

Society

in

providing for fixed and contingent charges, including
sinking funds was $10,553,253 as compared with
income after providing full dividend of $4.50
preferred stock as stated above, is equivalent to $15.30 per share

capital

:on

for

382,321

'

1

51.

p.

Wilson Jones Co.

Net

:

Total

decrease of $805,946, occasioned principally by the decrease
in unemployment insurance tax rates from 3% to >/2 of 1%, effective
Jan. l,
1948.
available

993/749

264,094

645.

Net

a

Income

p.

income.

$3,401,022

5,069,571

211,122

262,853

16,017

customers

week

i-.'

..

3,716,225

718,488

427,371

Bradshaw,
the

Interstate

issue

Other

receivable

from

Furniture

employees.
Increase
amounted
to
approximately

materials

169,

of

169,' p.

19,680
.

_

Due

nonoperating

$1,900,000.

3,993,220

,902,852

income

Insurance

4,056,904
11,153

.

to

Life

Net

1948

of

1943,

4,483,312

railway™

Emmett

Chairman

"$25,519

(at book value)
(secured)

$184,249,
respectively.
The
year
1947
wage
awards.
There is also included
approximately $457,800 accrual for possible wage

$1,401,712
year

for

expenses

48,235

450,788

and

■

the
year
1948
increased
11%,
.principally due to wage awards to nonoperating employees, effective
Sept. 1, 1947, amounting to 82,596,412, and wage awards to the train
and
enginemen,
effective Nov.
1,
1947
and
Oct.
16,
1948, in the
operating

Railway

•21,472

Wheeling & Lake Erie Ry.—Equipments Approved—

($3,309,397 pledged)-

customers

Mail

increases.

rate

22,304

Western Union Telegraph Co.—New Director—
De

1946

1948

1947

year

93,379

19,876

railway

oper.

•Deficit.—V.

YEARS
1947

deposits

from

Preferred

and Aug. 21, 1948; freight revenue for 1947
included
approximately 81.5S9.915 i£rom rate increase effective Oct.
13, 1947.
Passenger revenue showed a decrease of 0.51%, reflecting
a
general decrease in passenger business, partly offset by increase
in
rates
which
produced
additional
revenue
of $320,234 in
1948,
Jan.

ry.

Cost of

Due

Provision

operating revenues increased 13.42%.
Freight revenue in¬
Freight
revenue
for
1948
includes approximately
$16,222,652
horn rate increases granted, effective Oct.
13,
1947,

from

from

Net

V.

$109,973

interest

$3.80

*14.30%,

1945

$335,930

•113,495

$221,905

Good

$4,127,212

Railway

creased

1946

$205,770

48,595

stock.

ASSETS—

Accrued
■

1947

$329,941

dividends

common

700,018

BALANCE

Securities

charges

Contingent

corporate

1948

Quarter Ended Nov. 30—

3,811,600

$18,188,735 $15,220,487 $11,384,475
5,180,822
5,130,910
4,702,128
13,553,042
10,449,069
7,211,111
1,717,891
1,742,133
2,191,159
837,497
862,366
892,740

income

operating

Railway

Equipment

general

on

645.

$351,714

loss.

Accrued

77,044,304
71.76

expenses

ratio

>''■/>,'

income

it is still

and

541,550

taxes

income

•Net

1946

12,128,490

operating

Operating

.

2

of

809,991

1947

$94,629,218 $82,789,469 $68,009,685
5,599,687
5,628,396
7,571,802
107.361,529
94,657,837
80,766,674

____

_

Gross

to

•Inventory

revenue

revenues

for period May
fAmount available for

Alabama—Earnings—
;

,

railway

$124,529,669 $110,976,171 $91,162,944

Expenses

following results:
1947

on

excess

Cash

1948

deficiency

13,818

•

ry.: oper.

The

Inventory (at market)

12 Months Ended Dec. 31—

tax

From January 1—

affected by this

stock,

1948

of 2.85% with the

pared with 934,272 in 1947, a decrease

income

p.

railway

Net

for

share

a

holding in this company for an amount somewhat in
$100,000. While we expect the transaction to be completed,
subject to certain legal details.

907,672 carloads were handled in 1948 com¬

stated that

satisfactory.

our

..

corresponding

with

rate

way

1948, and year ended Dec. 31,

December,

the

at

more

remained

transaction.
It was further stated that it was the
company's present
intention to hold the remainder as a permanent investment. This situa¬
tion has since
changed and we have agreed to sell the remainder of

releasing income account

thur K. Atkinson, President, in

from

from

contract of sale to be paid for in annual instalments
during the next
four years. The first of these four deliveries was made in
January, 1949
so that the
earnings for the year 1948 were in no

Common Share in 1948—Ar¬

per

Gross

Net

Gross

RR.—$15.30

there

last

Sales

Wabash

also

were

$12,000

stock.

common

December—

Net

year's report it was pointed out that over a period of years
the company had acquired
a
substantial investment j holding in the
Sutter Basin Corp., Ltd.
Part of this holding had been sold under a

than

169, p. 645.

the

of

1,000 55-ton hopper

consisting of

railroad equipment

and 25 caboose

of

bid

a

Ripley

issue

cost,

standard-guage
cars

on

!%%

a

Hall &

Harris,
of

the

of

for

Lee

were:

Proceeds

80%

bids

Harriman

and

for

awarded

was

Other

Western Ry. of

-

of

earnings

After

ity. Associated in the offering were R. W. Pressprich &

McMaster Hutchinson & Co.

sales

those

over

In

Co.; Otis & Co.; Freeman & Co.;, The Illinois Co.; and

Report—

on Jan. 31 said in part:
$125,000,000 during the year 1948 were the largest in
the company's history and showed an increase of
approximately 12 Vz7o

27,000

The

$200,000 estimated

1, 1944 to Dec. 31, 1947, now under audit,
contingent charges, i.e., capital fund, interest requirements
mortgage 4l/2%
income
bonds, sinking
fund
and
other

Weeden, President,

Gross

prices to yield from 1.30% to 2.25%, according to matur¬

2.04%.

'

Total income

210,000

int.

charged

rents

Other

bonds

utility plant
acquisition adjust.

Other

fac.

$4,101,778

55,650

jt.

Dr)

$4,073,947

13,678

Amortiz. of

Int.

$9,962,918

tax

ry.

1,988,217

150,854

84,168

income

mtge.

on

$1,389,136 $11,047,948
140,679
1,276,031

ry.

res.

operating revenue
income
(net)

Gross

1948—12 Mos.—1947

$4,182,214 $46,949,100 $52,405,054
2,793,078
35,901,152
32,442,136

Income

(net

Philadelphia plan, were

the

under

immediately reoffered, subject to ICC

1948—Month—1947

oper.
oper.

$$286,649

185,762

31,819

taxes

retirement

appropriation

awarded

$380,000 annually Feb. 1, 1950 to 1959, inclusive. The

certificates,

Subs.)—Earnings—

All other ry. tax accruals

6,636,258

43,211

Property
Propety

Int.

1,913

Payroll
8,716,946

Fed.

_

Frank

due

(&

Net rev. from ry. oper.

1948- -12 Mos.—1947

$1,459,155

1,007,580

(excl. taxes)

&

taxes

1948—Month- -1947

$1,559,592

revenues..

exps.,

Other

2,125

31,

Washington Water Power Co.- -Earnings—

Net

258

w

(Including Sacramento Northern and Tidewater Southern Ry. Co.)
Period End. Dec. 31—

Period End. Dec. 31-

Operating
Oper.

1948

$7,551,000

263

I"

31

Halsey,

—

equipment trust certificates, series A,

$3,800,000 1% %

Jan.

Western Pacific RR.

in which

interest,

purposes.

Virginian Ry.

at

$7,115,000

III.

31

169, p. 210.

Railway
Railway

operating

Stuart & Co. Inc. and associates on Feb. 10 were

1949

Retail units in operation Jan.

1948.—V. 169, p. 384.

Fed.

in

Notes payable to banks, maturing after one year

3%%

397,938

>

-

'

service

film

respect of
Remittances

2,248,390
50,000
62,091

,

364,092'

payments and unapplied collections in

Advance

1,699,450

January—

Total sales

'

---

——

producers

requirement for

fund

2,241,552

.

and others—__i__
3%% debentures
Dividend on pfd.. stock payable Dec. 1_——~
tRes. for est. Fed. inc. and excess profits taxes

Owing

425,000

3,865,633

earnings of the Devonian Company,

part of the

Petroleum

cluded

49

f

charges and taxes.

NOTE—No

Warren

and sundry accruals (curent)
$2,322,783
Est.
liability
for retroactive studio wage in'
'creases and vacations
—.___*—-—277,000

Month of

\

,

Accounts payable

1946

$22,908,312

5,005,969

_____—

(745)

January Sales Show Decline-

1947

$50,921,679 $36,412,526

_

Earnings per corpmon share——_.

'

•

Accrued

1943

revenue—

shares outstanding

Common

...

(Continued from page
LIABILITIES—

income

•Net

'
.

and

sales

\

(& Subs.)—Earnings-

Warren Petroleum Corp.

General

CHRONICLE

of

for

a

costs In building

steel required.—V.

168, p. 390.

the

company's

Zonolite

vermlculite,

of

Chicago,

Island

Rock

&

director.

the

Co.,

said.

light-weight

product

The

T.

A.

continues,

company

aggregate,

mines and

which

used

is

structures by decreasing the amount oX
.

-

50

COMMERCIAL

THE

(746)

Monday, February 14, 1.94f>

CHRONICLE

FINANCIAL

&

STATE AND CITY DEPARTMENT
NEGOTIATIONS

BOND PROPOSALS AND

•

-

\

,

'7

NVvfri'i1,' IV.

\

.

»v*.

\ vj

t;.?

SVV

~;v

'V'*-

'■

»:>

of

Payment for and delivery

1%.

bonds will be made in the

of the

est

(F-A)

Treasurer^

Fort Lauderdale,

Fla.

Apache County, County High Sch. office of the Board of Supervis¬ shall specify in his bid the rate or
Certificate
Sale Details — The
Dist. (Pi O. Saint Johns), Ariz.
ors.
These are the bonds author¬ rates of interest he desires the
$2,500,000 recreational center rev¬
/Bond Sale—The $400,000 school ized at the election held on Dec. bonds to bear, and the premium
enue certificates purchased by the
bonds offered Feb. 7—v. 169, p.
17, 1948.;; Enclosev a certified or offered, if any. Bidders may make Universal Construction Company
541—were awarded to a syndicate cashier's
check for
3%
of the one or more alternative bids or
of Fort Lauderdale,
as 4s, at
a
composed of Boettcher & Co., of amount of the bonds bid for, pay¬ offers for the bonds at different
price of 97.50, a basis of about
Denver;
Lee
Higginson
Corp.; able to the Chairman Board of interest rates. Split rate interest
4.J4$>, as previously noted in v.
bids will be received and it shall
Barcus, Kindred & Co., of Chi¬ Supervisors.
1. 421
are dated Sept. 1, 1948,
not be necessary that all bonds
cago, and
Refsnes, Ely, Beck &
ind feature Sept. 1, as follows:
Ella School District, Yuba County
shall bear the same rate of inter¬
Co., of Phoenix, on a bid reflecting
(P. O. Marysville), Calif.
a net interest cost of about 2.80%,
$50,0bq in 1950, $52,000 in 1951
est, but such interest shall be in a
Bond Sale—Trie issue of $37,as follows:
multiple of Yt of 1%. The pur¬ and 1952>$53,000 in 1953, $54,000
000 school bonds offered or* Feb 7
chaser will be required to furnish in 1954, $57J)Q0 in 1955, $60,000 in
$14,000 lV4s. Due July 1, 1950.
was
awarded
to
the
Bank. of
s
own
legal opinion as to the 1956, $63,000 mO.957, $65,000 in
14,000 IV2S. Drie July 1, 1951.
America National Tms1r~& Sav¬
legality of the bonds. These bonds 1958, $67,000 in 1959, $69,000 in
15,000 l%s. Due July 1, 1952.
ings Assocation,^-or San Fran¬ are part of a
$.190,000 issue author'J 1960, $72,000 in 190)1, $76,000 in
49,000 2s. Due July 1, from 1953
cisco, at a price of 100.132, for ized at the election held "on-Dee.^,
to 1955, incl.
1962, $79,000 in 1903, $82,000 in
'
$22,000 3y4s and $15,000 3s.
1948. Enclose a certified or cash¬
1964, $86,000 in 1965, $89,000 in
17,000 2y4s. Due July 1, 1956.
ier's check or certificate of de¬ 1966, $92,000 in 1967, $96,000 in
56,000 2M>s. Due on July 1, from Kern County Olig Sch. Dist. (P. O.
posit for $1,000, payable to the 1968, $100,000 in 1969, $104,000 in
1957 to 1959, incl.
;
Bakersfield), Calif.
Chairman Board of Supervisors.
1970, $108,000 in 1971, $113,000 in
235,000 23/4s. Due on July 1, from
Bond Offering — The Clerk of
1960 to 1969, incl.
1972, $117,000 in 1973, $122,000 in
the Board of Supervisors will re¬

V »'

fi

,r

tion $ 1,000;: Due. March > 1, as(

FLORIDA

payable at the County
office.
Each
bidder

•

,

' "Ci;

r- *-■

|

a'- %ii

ARIZONA^

i v,
V-V'.',- '

•

(•.

\

,

fol¬

lows:;: $17,000 in 195i; $18,000 "in
1952 to 1954, $1.9,000 in
1955 to

'.it;.,-.

.Op¬

1957, $20,000 in 1.958 and ,7959,
$21,000 in I960" to 1962, and $22,000 in 1963
and >1964. Principal
and interest (M-S) payable at the
County Treasurer's office,. or at
the Irving Trust Co., New York

Y,

City, at the option of the holder.

•

Bidders shall submit bids specify¬

ing (a) the lowest rate of interest
and premium, if any, above par»
which

at

bidder

the

chase such bonds, or

*

bidder

will

-

pur¬

(b) the low¬

interest

of

rate

est

will

which

at

purchase such

the

bonds

at par

and accrued interest to date
delivery. The bonds are sub¬

of

..

the bonds

All

dated Jan. 1,

are

pons;

terest

the entire issue will bear in¬
to total 4%. from April 1,

1949 to

14 for

ceive sealed bids until Feb.
the

school

$200,000

of

purchase

Hartford Housing

bonds.

July 1, 1950,

Sale—The

Note

Kingsbury Joint Union Sch. Dist.,
Fresno, Kings and Tulare Counties

Authority, Conn,
$3,314,000 tem¬

loan series M-3 notes of¬
fered on Feb. 10—v. 169, p. 646—
porary

awarded

were

as

follows:

\

1974, $127,000 in 1975, $130,000 in
1976
and
1977, and $135,000 in
1978. All of said bonds maturing
in
30

—were

awarded to Kirby L. Vid-

Phoenix, at

rine & Co. of
of par, as

price

a

Blyth & Co., and the William R.
Staats Co., both of Los Angeles,

2 Mi's, at a price of
a basis of about 2.427%.
Dated
Aug.
1,
1948
and
due
on
Aug. 1 from 1964 to 1973
inclusive.
Second
high
bid
of

jointly,
100.151,

follows:

as

No. 79
July
1, 1950; $8,000 l3/4s, due on
July 1, 1951 and 1952; $4,000
100.06 for $30,000 2%s and $70,2s, due July 1, 1953; $8,000
000 2Mi s was made by the Bank of
2V4s, due July 1, 1954 and
America, National Trust & Sav¬
1955; $12,000 2M>s, due July 1,
District

School

$48,000

bonds:

1956

lV2s,

$4,000

inclusive,

1958

to

due

and

$12,000 2%s, due July 1 from
1959 to 1961 inclusive.

School

High

Litchfield

72,000

lM>s,
due July 1, 1950; $8,000 l%s,
due July
1, 1951 and 1952;
$4,000 2s, due July 1, 1953;

r

$4,000

bonds:

District

$8,000 2M4s, due July 1, 1954
and
1955; $12,000 2M>s,? due
July 1, 1956 to 1958 inclusive;
$12,000 2%s, due July 1, 1959
to 1961 inclusive; $8,000 2.70s,

j

due

1, 1962 and 1963,
2%s, due on July

July

and $16,000

Y?

1 from

of the bonds

All

.

1964 to 1967 inclusive.

dated Jan.

are

50,000 2 ZA s. Due on June 15 from
1962 to 1966 inclusive.

All of the bonds

Clinton),
Sale—The

Bond

hospital

bonds

Ark.
$65,000 county

offered

Feb.

9—

169, p. 646—were awarded to
J. C. Bradford & Co., of Nashville,
a

price of

second

104.25. The

highest bidder was W. R. Stephens
Investment Co., Little Rock, at a
price of 104.10.
CALIFORNIA

Belvedere, Calif.
Bond Sale Details—The

bonds

sewer

$180,000

purchased by R. H,

Co., of Los Angeles, at
a price
of 100.006, as previously
noted in v. 169, p. 421, were sold
at; a
net
interest, cost of about
Moulton &

2.28%,

as

follows:

$70,000 2s.
Due on Dec. 15 from
;%"• 1949 to 1962 inclusive.

70,000 2y4s. Due on Dec. 15 from
1963 to 1969 inclusive.

1970 to 1973 inclusive.

Whittier

Sch. Dist.,

Los Ang.

a

premium of $3.

notes

are

dated

1949 and mature on Feb.

21,

from

21, 1950,

Shelton Housing A uthority,

Conn,

1977

1962

to

1976, and without
years

1978.

or

Note Sale—The

Calif.

Sale—The $252,000 school

Offering—Justin A) Elliott,

Note

purchase of $243,000 tem¬

for the

loan notes. Dated Feb. 23,
1950. The va¬

porary
1949.

of

United

Paying

States
has

agent
municipal

on

Co.

Trust

been

ing

Agent

—

of

New

appointed

the

The

pay¬

$2,500,000

recreation

4%

revenue

bonds.

Due Feb. 23,

lidity

Names

York

Feb.

offered

7—v.

169,

p.

awarded to the Secur¬

the

purchaser designates in his pro¬
'
•
cago, and the California Bank, of posal.
Los Angeles, jointly, as 23/4s, at
Wethersfield Housing Authority,
a
price of about 101.50 a basis of
Connecticut
Webber, Jackson & Curtis, of Chi¬

about 2.61%.
Due

on

Dat^d March 1, 1949.
March 1, from 1951 to 1970,

Note

Offering—Edward Adams,

highest bidder Secretary, will receive sealed bids
until 11 a.m. (EST) on Feb. 15 for
was
R.
H. Moulton &
Co., and
the purchase of $266,000 temporary
Security-First National Bank, of
loan notes. Dated Feb.
18, 1949.
Los Angeles, jointly, for 23/4s, at a
Due Feb. 18, 1950.
The full faith
price of 100.31.
.?•.
and credit of the Authority will
second

The

Albany, Ga.
Bond

city

„

-

,

Round Lake $ tifary;; v;
District (P. O. Roiind Lake),
'v
"
^
Illinois
.

Sale—The

bonds

awarded

to

$130,000 23/4%

offered
Clement

Feb.
A.

8 < were
Evans &

.

.

Details—The

Sale

Bond

$300,-

000

sanitary sewer y bonds pur¬
chased by Benjamin Lewis & Co.,
of Chicago,
as previously
noted
in

169,

v.

422—were sold at a

p.

102.766,

of

price

follows:

1950

bonds

The

inclusive.

1958

to

3 M>s.

Due

dated

are

Denomination

cipal and interest
the

&

be

1,
Prin¬

payable

(M-S)

Bank

Trust

to

1

Sept.

$1,000.

National

American

at

■

Sept.

on

1968 inclusive*

to

from 1959

1948.

-

,

Due on Sept. 1 from

$120,000 2s.
180,000

interest

net

a

cost of about 3.16%, as

Co., Chicago. Legality
approved by Chapman &

Cutler, of Chicago.
The bonds
are
payable from unlimited ad
valorem

taxes.

•

Med or a,

Sale

Bond

chell of New York.

Secretary, will receive sealed bids
until 11 a.m.
(EST) on Feb. 17

■

ILLINOIS

Principal and in¬
terest payable at the office of the
City Auditor and Clerk or at the

Southington Housing Authority,
r:j
Connecticut

cash de¬

or

Lidid CQunty^

1961, with the premium decreas¬
ing thereafter y4% for each year
premium if redeemed in the

Feb.

Dec. 16, 1947. En¬

or

Sarasota, Fla.
/.■ -■ t;-'
notes and of the
Certificate Offering—L. B. Ashguaranty will be approved by by, City Auditor and Clerk, will
ity-First National Bank, of Los
Robinson, Robinson & Cole, of receive
sealed
bids
until
noon
Angeles, as 2y4s, at a price of
Hartford, and a copy of such opin¬ (EST) on Feb. 23 for the purchase
100.03, a basis of about 2.24%.
by the of $45,000 3V2% water revenue se¬
Dated
March
1,
1949. Due on ion will be furnished
March 1 from 1950 to 1974 inclu¬ Authority to the successful pur¬ ries A 1949 certificates. Dated Jan.
chaser
or
purchasers
without 15, 1949. Denomination $5,000. Due
sive.
The second highest bidder
charge.
The notes Will bear in¬ $15,000 July 15, 1951 to 1953, Prin¬
was the Bank of America Nation¬
terest at the rate or rates per an¬
cipal and interest payable in Sa¬
al Trust & Savings Association, of
num fixed in the proposal or pro¬
rasota.
The certificates will be
San Francisco, and Associates, for
posals accepted for their purchase, subject to redemption at any time
$75,000, as 2s, $90,000 as 2y4s, and
will be issued in such denomina¬ prior to their respective matur¬
$87,000 as 2M>s, at a price of 100.09.
tions, and both principal and in¬ ities, either in whole or in part, at
will be payable
at such par and accrued interest. Enclose
Paramount Sch. Dist., Los Angeles terest
County (P. O. Los Angeles), Calif. bank or trust company incorpo¬ a certified or cashier's' check for
Bond Sale—The $144,000 school rated under the laws of the State
$1,125, payable to the City.
bonds offered Feb. 8—v. 169, p. of Connecticut or any other State
646—were
awarded
to
Paine, or of the United States, as the
GEORGIA

incl.

40,000 2M»s. Due on Dec. 15 from

East

dated June

Valley School District, Marin

Mill

421—were
,

v.

at

are

15, 1948. Denomination $1,000,

bonds

County (P. 0*«>

Bitren

Van

plus
The

Treasurer.

-1

Bond

ARKANSAS

interest.

York, at 0.86%

250,000 to the Hartford National
Bank, of Hartford, at 0.85%,

the

at

of the amount
bid, payable to the County

of the,

United States Trust Co., New York
$540,600 tempo¬ City. Said bonds iri the opinion
ings Association.
rary loan, series M-l notes offered of counsel, are valid and legally
Feb.
9—v.
169,
p.
656—were binding special obligations of the
Manteca, Calif.
awarded as follows:
City, payable as to both principal
Bonds Sold—An issue of $180,000 water and sewer bonds has $440,600 to Salomon Bros. & Hutz- and interest solely from the rev¬
ler, New York, at 0.91% inter¬ enues to be derived from the mu¬
been sold to the Bank of Manteca,
nicipal recreation facilities of the
est, plus a premium of $8.95.
Ut a price of 100.005, a net inter¬
100,000 to the Hartford National City and the net proceeds of Util¬
est cost of about 2.32%, as follows:
Bank, Hartford, at 0*89% in¬ ities Services Taxes in the man¬
$60,000 2s. Due on June 15 from
ner provided in the Bond Resolu¬
terest, plus a premium of $7.
1949 to 1954 inclusive.
Dated Feb. 16, 1949. Due Feb. tion. Legality approved by Cald¬
70,000 2 M>s. Due on June 15 from
well, Marshall, Trimble & Mit¬
1955 to 1961 inclusive.
16, 1950.

County (P. O. San Rafael),

1, 1949.

all of New

on

certified check

a

These

authorized

bonds

posit equal to 5%

ment date

.

Bankers Trust Co.,

close

1954 to 1978, are callable after
days' published notice, on Sept.

1953,

conditioned.

so

the

election held

on any interest pay¬
thereafter, in whole or
in part in inverse numerical order
at par and
accrued interest tor
gether with a premium of 4% if
redeemed
in
the years
1953 to

1,

.

(P. O. Fresno), Calif.
Districts
% Bond Sale—The $100,000 build¬ $3,064,000 notes to a group; com(P. O. Phoenix), Ariz,
:
posed of J. P. Morgan & Co,,
Bond Sale—The $120,000 bonds ing bonds offered ©n Feb. 8—-v.
Inc., National City Bank, and
p.
646—were
awarded to
offered on Feb. 7—v. 169, p. 541 169,
Maricopa County School

be

must
are

Chapman &
and all bids

Chicago,

Cutler, of

CONNECTICUT

1949. In addition to the above cou¬

by

ject to approval

III.

Details

The $5,000

—

hall construction bonds,
previously mentioned in v. 169, p.
152, were awarded to the Farmers
State Bank, of Medora, as 4s, at a
price of par, are in the denomination of $500 and are due on Dec. 1
from 1949 to 1958 inclusive.

village

Moline, III.;

>y
Bonds

Sold—An

y1' *y ;

■

; *... ■

of $500,-

issue

sold y
late in 1948 to the White-Phillips
000 water revenue bonds was

Co., of Davenport, as 3M»s, at a
price of 100.411, a basis of about
3.46%. Dated Dec. 1, 1948. Due 011
Dec. 1 from 1952 to 1978 inclusive.
$70,000 bonds due in 1968, 1973
and 1978, are callable on Jan, 1,
i9>».

-

.

yy

.

INDIANA
•.

■

c. '*

y(;

Gary School City, Ind.
Bond Sale—The $440,000 school
y

improvement, series 43 bonds of¬
422—were

fered Feb. 8—v. 169, p.

to

awarded

the

First

National

Bank, of Chicago;. Fletcher Trust
Co., and The Indianapolis Bond &
Share Corp., both of Indianapolis,

jointly, as 2s, at a price of 100.52, a
basis of about 1.95%. Dated Feb.

Co., and Courts & Co., both of 1, 1949. Due on Feb. 1 in 1961 and
1962.
The second highest bidder
Atlanta,
jointly, at a price of
about
107.06,
a
basis of about was Braun, Bosworth & Co., Inc.;
R. S. Dickson & Co., and Raffen2.42%. Due on March 1, from 1965
to

1977, incl.

bidder

was

The second highest
John,
Lane, Space

sperger,

Hughes & Co., jointly,

for

2s, at a price of 100.17.

_

.

-

County (P. O. Los Ang.), Calif.
Bond Offering — W. G. Sharp,

Portola Elementary
Mateo

County Clerk, will receive sealed
bids until 10 a.m. (PST) on Feb.

purchase of $245,000 not
exceed
5%
interest building

City), Calif,

to

Dated

March

nomination $1,000.
as

1, 1949. De¬

Due March 1,

follows: $10,000 in 1951 to

and

1955,

purchase of $86,000 not
exceed
5%
interest building

to

cipal and interest (M-S)
at the County Treasury.
a

for the prompt pay¬
principal of and inter¬
the notes and the payment

& Co.

'

on

thereof will be guaranteed by
State of Connecticut.
of

'

Goshen School City,

pledged

the

notes and

the

The validity

of the

guaranty

approved by Robinson,
Robinson & Cole, of Hartford, and
will

be

Bond

IDAHO

ment of the




ination $1,000. Due

■

t

>■

t

•

..

(♦/

Ind.

Sale—The $288,000 build¬

of 1949 bonds offered Feb. 7
169, p. 647—were awarded to
the Milwaukee Co., of Milwaukee,

ing
Bingham County (P.
Blackfoot), Idaho

O.

—v.

Offering—V. F. Wootton,

of

Is, at a price of

as

County Clerk, will receive sealed
bids until 10 a.m. (MST) on Feb.

Bond

23 for the purchase of $275,000
bonds. Dated Feb. 1, 1949. Denom¬ a. copy of such opinion will* be
not to exceed 3% interest hospital
Feb. 1, as fol¬ furnished by the Authority to the
payable
general obligation coupon bonds.
Rate of lows: $4,000 in 1950 to 1970, and successful purchaser or purchasers
Dated March 1, 1949. Denomina¬
multiple of Yi $2,000 in 1971. Principal and inter¬ without charge.

$15,000 in 1956 to 1968. Prin¬

interest to be in

Augustus,

County Clerk, will receive sealed
bids until 10 a.m. (PST) on Feb.
15 for the

be

est

r

Bond Offering—W. H.

15 for the

bonds.

Sch. Dist., San

County (P. O. Redwood

y

.

about

0.98%.

100.06,

a

basis

Dated Jan. 30,
from June

1949. Due semi-annually

30, 1950 to June 30,
second

highest

1954, incl. The

bidder was F. S.

Moseley & Co., for iy4s,
of

100.51.

at

a

price

Volume 169

Number 4777

FINANCIAL CHRONICLE

COMMERCIAL

THE

-

Everett, Mass,
Louisville, Russell, Long & BurkNote Sale—The issue of $750,000
lOlder, and the Security & Bond
Co., both of Lexington, jointly', at notes offered Feb. 10 was award¬
Bond Sale
The $94,800 2*/4%
ed to the National Shawmut Bank
a price of 101.55, a basis of about
school building "bonds offered Feb.
of Boston, at 0.682% discount. The
3.00%, as follows:
3—v. 169, p. 542-—were'-awarded
Middlesex County National Bank
to Quail & Co., of Davenport, at $27,000 3V4s. Due on July 1 from
of Everett,
second high bidder,
1951 to 1953 inclusive. •
a price of 101.22. Due serially over
named a rate of 0.712%.
277,000 3s. Due on July 1 from
a period of 20 years.
Notes are dated Feb. 10, 1949.

•

IOWA

-

'

'

Brandon Con. Sch.

;'A

Dist., Ia.

—

1954 to 1970

School District, la.

Ind.

Greene

Bond

Offering

inclusive.

96,000 S^s. Due

July 1 from

on

to 1974 inclusive.

1971

Shirley HinDated Jan. 1, 1949. The second
richsen, Secretary of the Board of
Directors, will receive bids until highest bidder was Pohl & Co., for
1:30 p.m. (CST) on Feb. 15 for the $124,000 as 3s, and $276,000 as 3V4s
purchase
of
$50,000
building at a price of 101.51.
bonds. Dated March 1, 1949. De¬
LOUISIANA
nomination $1,000.
Due Nov. 1, as
follows: $2,000 in 1950 to 1966, $5,- Acadia Parish
(P. O. Crowley), La.
000 in 1967 and 1968, and $6,000
Bond Sale Rejected — All bids
in 1969.

These

thorized

at

—

the bonds

are

election

the

au¬

held

on

received for the
exceed

4%

$1,000,000 not to

interest

house

court

Denominations

$25,000,
$10,000 and $5,000. Due Nov. 9,
1949.
Payable at the National
notes will

genuineness

validity

and

Shawmut

National

Boston.

of

The

authenticated

be

Authority will furnish an opinion
of Storey, Thorndike, Palmer &
Dodge of Boston, approving the
validity of the notes and of the
guarantee of the payment of the
principal of and interest on said
notes by the Commonwealth. The
expense of such opinion will be
borne by the Authority.

$50,000,

Bank

Shawmut*

Bank

to

as

the

by

of Bos¬

Newton,
Bond

Whitman,

Treasurer,
bids

Feb.

on

until

16

will
p.m.

the

for

1

pur¬

chase of

$1,500,000 coupon public
building bonds, Act of 1948. Dated
Feb. 1, 1949.
Denomination $1,-

of Proctor &
The notes will 000.
Due $75,000 on Feb. 1 from
be ready for delivery at said bank
1950 to
1969 inclusive.
Bidder
against payment in Boston funds to name
a single rate of interest,
on or about Feb. 10, 1949.
advice

under

ton,

Devers, of Boston.

expressed in a multiple of y4 of
Authority, Mass. 1%.
Principal and semi-annual
Note O f f e r i lig— William R. interest payable at the First Na¬
tional Bank of Boston. " The bonds
Maderiros, Chairman, will receive
sealed bids at the State Housing will
be
authenticated
by
said
-

Board, 18 Tremont St., Boston, un¬

bank

til 1 p.m.

opinion

Bond

is required.

Offering

E.

—

Shaw,

D.

Secretary-Treasurer of the Parish
School Board, will receive sealed
Bonds Sold—An issue of $3,500
bids until 11 a.m. (CST) on March
school bonds has been sold to the
3 for the purchase of $250,000 not
Melbourne Savings Bank, of Mel¬
to
exceed
5%
interest
school
bourne, as 2s, at a price of par.
bonds. Due March 1, as follows:
V*'
Waterloo, Ia.
$13,000 in 1950 and 1951, $15,000
Bond Offering — H. W. Wente, in 1952 and 1953, $16,000 in 1954
City Clerk,, will receive sealed to 1956, $17,000 in 1957 to 1959,
bids until 8 "p.m. (CST) on Feb. 14 $18,000 in 1960 and 1961, $19,000 in
for the purchase of $13,500 sewer 1962,. and $20,000 in 1963 and 1964.
special
assessment
bonds.
The Interest M-S.1 Bids must state the
bonds will be furnished by the proposed
rate
and
premium.
City and the legal opinion by Bonds to be sold subject to deliv¬
the purchaser.
ery at the Secretary of State's of¬
fice, on date bonds are registered.
Rhodes Con. Sch. Dist., Ia.

.4,

KANSAS

>r
^

Enclose

check for 2%

Arkansas City, Kan.-

Bond

Clough,

Offering

City

—

certified

a

James F.

Clerk,

will receive
sealed bids until 10 a.m. (CST) on
Feb'. 14 for the purchase of $51,"370 bonds, divided as follows:

,

of the bid.

Ponchatoula, La.

V:,

,

cashier's

or

Sale—The $120,000

Bond

public
improvement bonds offered Feb. 3
New

of

Weil

awarded to

were

Orleans,

&

and

Arnold,

Barrow,

$48,000 Storm Sewers and Drains Leary & Co., of Shreveport, joint¬
1%% bonds.
Denomination ly, at a price of 100.12, a net in¬
•

$1,000. Due $2,000 March and

■

f

$3,000 Sept.

1950 to 1958,

1,

^vv
and $2,000 March and $1,000
<!Sept. 1, 1959. Enclose a certi"
fied
check
for .2%
of the

Y

terest

1951 to

Denomination

bonds.

2%

$500, one for $370. Due March
1, as follows: $370 in 1950, and
1951 to 1956. Enclose

$500 in
•

certified check for 2% of the

a

3.32%,

as

1, from

Due

Feb. 1, from

on

1963, incl.

46,000 3V2S. Due on Feb. 1, from
1964 to 1969, incl.
St.

Bernard

No.

1

Parish

School District

(P. O. Chalmette), La.
$200,000 school

Bond Sale—The

bondjs offered Feb. 10—v. 169, p.

amount bid.
M'"fc

The

National

Bank

of

Boston.

bonds which will be ready for de¬
on or

about March 1, 1949.

—

has signed the agreement, appear¬

ing on each note, to act as Fiscal
Agent. The notes will be delivered
to
the
purchaser at said bank
against payment in Boston funds.
Arrangement will be made for
payment
at
maturity
in New
York if desired.
The Authority
will furnish an opinion by Storey,
Thorndike, Palmer & Dodge, of
Boston, approving the validity of
the notes and of the guarantee of
the payment of the principal of
and interest on said notes by the
Commonwealth. The expense
Of
such opinion will be borne by the
Authority.

Hays, Kan.

;

,

,Bond Offering

2.84%,

as

(CST)

bids

Due

193,000
until

2%s.

1951

to

on

Due

1969

Feb. 1, 1950.
Feb.

1

from

incl.

8

on

purchaser not later than April 1,
1949! Every effort

will be made to

prior to this date.

effect delivery

The City will furnish the printed
bonds and the approving opinion

and due

on

Nov. 4,

1949.

The notes are dated Feb. 9,1949.
Denominations $50,000 and $25,000.

Due Nov. 4, 1949. Payable at
the First National Bank of Boston.

awarded

will be delivered

revenue
were

of

—

The $155,000 water

bonds

offered

Jan.

26

awarded to Russell & Long,

Lexington,

as

follows:

1949,

at

—

$82,000 31/4 s. Due on Jan. 1 from
1950 to 1965 inclusive.,/
73,000 3V2S. Due on Jan. 1 from
'

1966 to 1974 inclusive.

Richmond, Ky.
Bond Sale
The $400,000
—

7

—

awarded

v.

to

sewer

1949 bonds offered
169, p. 647 — were
Almstedt Bros.,
of

revenue, series

Feb.

*




each

on

redemption there¬

prior to July 1,
1971. Principal and interest
(J-J)
payable at the State Savings Bank
of Ann Arbor.
Registerable as to
principal only. Rate of interest to
be in a multiple of y4 of 1%. Bids
or

shall be conditioned upon the un¬

qualified opinion of Miller, Canfield, Paddock & Stone, of Detroit,
approving

the

The

bonds.

legality

cost

of

the

of

such

opinion

and the cost of

printing the bonds
paid by the City. Bonds wil
Detroit, Chicago or
New York City. Enclose a certified
will be

be delivered at

cashier's check for

or

$35,000,
City Treasurer.

able to the

pay¬

Birmingham, Mich.

of

furnished
Bonds

principal
or

successful

bid¬

registerable as to
the holder's option

at

both

to

as

the

are

principal

Bond

sealed

bonds, divided

169, p. 648—were awarded at
0.68% discount, as follows: $175,and

National

$3,000 in 1950 to
$9,000 in 1965 to 1969,
the option of redemption of bonds maturing in
1965 to 1969, in inverse nu¬
merical
order
on
any
in¬
terest payment date on or af¬
and

County Trust Co.,

ter Oct. 1, 1964.
50,000 Bridge bonds. Due Oct 1,
;
as follows:
$2,000 in 1950 to
1964, and $4,000 in 1965 to 1969,

$175,000 to Second

Bank, of Boston.

coupon

follows:

as

follows:

as

'

v.

Norfolk

p.m.
(EST)
purchase of
exceed 3% in¬

with

Sale—The $70,000 tempo¬
loan notes offered Feb. 8—

to

2

$100,000 Sewer bonds. Due Oct. 1,
follows:
$3,000 in
1950 to

Note

Dedham,

receive

the

$150,000 not to
general obligation

.

000

until
for

terest

Norfolk County (P. O. Dedham),
Massachusetts

rary

21

Han-

E.

will

Clerk,

bids

Feb.

on

and

''?}■.?

Offering—Irene

ley, "City

with

the

tion

of

1965

to

Oct.

1, 1964.

Feb. 8, 1949. Due on Nov. 10, 1949
South Deerfield Water Dist., Mass.
Note Offering—George E. Clapp,

Treasurer, will receive sealed bids
in care of the Day Trust Co., of

option

of redemp¬
maturing in
1969, in inverse nu¬
merical order on any interest
payment
date
on
or
after

Dated

bonds

;

Dated Feb. 1, 1949.

Boston, until noon (EST) on Feb.
15
for the purchase ; of $124,000
water main coupon notes.
Dated
March 1, 1949. Denomination $1,-:

Second

National

Bank, of Boston, at 0.74% interest.

of 1%.

Principal and interest payDay Trust Co., of Bos¬

able at the

The

ton.

notes

will

be

will
to

be

the

without

furnished
bidder.

Enclose

a

cost
certi¬

prepared
15, 1949. Due on Aug.
;
highest bid¬ under the supervision of and cer¬ payable to the City Treasurer.
tified as to genuineness by the Di¬
Cape Ann National
Burton Township School District
Bank, of Gloucester, at 0.78% in¬ rector of Accounts, Department of
No. S (P.O. 4093 Barnes Ave.,
Corporations and Taxation, Com¬
terest, plus a premium of $3.
Dated Feb.

fied

cashier's check for $3,000,

Bond

Offering—Ray B. Kinder,

1949. The second

15,

the

der

was

r,.;♦;*■

\Hampden County

monwealth

(P. O.

of Massachusetts.

Watertown

Housing Authority,

Massachusetts

v

Sale—The issue of $90,000
offered on Feb. 8—v. 169,

Offering

Gertrude

A.

National

Second

Bank

highest

next

of

bidder,

re¬

ceive

—

bids

sealed

until

11

named

a

Feb.
000
Dec.

17,
on

30,

Feb.

1949
Nov.

validity
mut

by

Bank

for

and payable $800,-

and $200,000 on
Notes will be au¬
to genuineness and

8,

1949.

thenticated

16

as

the
of

National

Boston,

Shaw¬

under ad¬

vice of

Storey, Thorndike, Palmer
Dodge, of Boston.

0.746%.

5

-•

••

.

.

.

..

-f

* 2

Ann

Arbor, Mich,
Bond Offering — Fred C. Perry,

Mich.
Board

of Edu¬
sealed bids

on 'Feb. 24 for
$125,000 not to
3V2%
interest
building
bonds.
Dated
Feb.
1,

noon

(EST)

purchase

coupon

of

Denomination

1949.

$1,000. Due
$40,000 in
1951, and $45,000 in 1952.
$25,000 maturing in 1952 will be
subject to redemption prior to
maturity, at the option of the Dis¬
June

1,

as

follows:

1950 and

trict

MICHIGAN
*

,

the pur¬
chase
at
discount
of
$1,000,000
notes
issued
in
anticipation of
revenue for the year 1949.
Dated
on

of

the

receive

will

exceed

on

a.m.
•-

(EST)

rate

until

the

Note

Boston,

Barrows, City Treasurer, will

Secretary of

cation,

The

Haverhill, Mass.
Note

Flint 3),

De¬

livery will be made at Day Trust
Co., of Boston, for Boston funds.

Springfield, at 0.67% discount. notes
Dated Feb. 9, 1949.
Due Nov. 8, p. 648—was awarded to the Na¬
1949.
The second highest bidder tional Shawmut Bank of Boston,
0.74%
discount.
Dated Feb.
was the
First National Bank, of at
15, 1949 and due on Aug. 15, 1949.
Boston, at 0.73%.

&

or

in

any

ment

dates

numerical

on

and

interest

order
pay¬

after June

1,

and accrued interest,
notice published not less than

1951, at
on

inverse

one or more

par

30 days prior to the date fixed
receive sealed
bids until 3 p.m. (EST) on March for redemption, at least once in
7 for the purchase of $1,750,000 a newspaper or publication cir¬
not to exceed 3V2 % interest sew¬ culated in Detroit, which carries
as part of its regular service, no¬
age disposal system revenue, se¬
of
the
sale
of
municipal
ries 1 coupon bonds. Dated Feb. 1, tice

City

Clerk,

will

Due bonds.
follows: .$40,000 in 1951 (J-D)

Principal
and
interest
payable at „the Citizens
&
Savings
Bank,
to
1953, $45,000 in 1954 to 1956, Commercial
$50,000 in 1957 to 1959, $55,000 in Flint.
Bids shall be conditioned up¬
1960 to 1962, $60,000 in 1963 to
the
unqualifed
opinion of
1965, $65,000 in 1966 to 1968, $70,- on
000 in 1969 to 1971, $75,000 in 1972 Berry, Stevens, Barbier & Evely,
and 1973, $85,000 in 1974 to 1976, of Detroit, approving the legal¬
and
$95,000 in 1977 and 1978. ity of the bonds. The cost of
Bonds maturing in 1960 to 1978 said
legal
opinion
and
of
shall be callable for redemption at the printing of the bonds will be
the option of the City, in inverse paid by the District.
Bonds will
1949.

July 1,

Denomination $1,000.
as

on or about Feb.
15, 1949. Due on Aug. 15, 1949. The
the First National second highest bidder was the Na¬
be delivered at Detroit.
Enclose
Bank of Boston, against payment tional Shawmut Bank, of Boston, numerical order, on any interest
payment date on or after July 1, a certified or cashier's check for
in Boston funds.
at 0.76% interest.
payable to the District
1959, at par and accrued interest $2,500,
Milford Housing Authority, Mass.
Cambridge Housing Authority,
plus premiums as follows: $30 on Treasurer.
Mass.
Note O f f e r i n g—Laurence S. each bond called for redemption
Detroit, Mich.
Note Sale
The $950,000 tem¬ Jaques,
Chairman, will receive on or prior to July 1, 1961; $25 on
Bond Offering—John N. Daley,
porary loan, second series notes sealed bids at the office of the each bond called for redemption
offered Feb. 1—v. 169, p. 647— State Housing Board, 18 Tremont thereafter but on or prior to July City Controller, will receive seal¬
ed bids until 10 a.m.
(EST) on
were awarded to the Second Na¬
Street, Bostpn, until 1 p.m. (EST) 1, 1963; $20 on each bond called
Feb. 16 for the purchase of $793,tional Bank, of Boston, at 0.823% on Feb. 14 for the purchase of for redemption thereafter but on
105.22 not to exceed 3% interest
interest. Dated Feb. 11, 1949. Due $50,000
temporary loan notes. or prior to July 1, 1965; $15 on
1948 special assessment coupon or
on Feb. 10, 1950. The second
high¬ Dated Feb. 21, 1949. : Dtie Jan. 20, each bond called for redemption
est bidder was the National Shaw- 1950. Principal and interest there¬ thereafter but on or prior to July registered bonds, divided as fol¬
lows:
mut Bank, of Boston, at 0.87% in¬ of will be payable at The National 1, 1967; $10 on each bond called
terest.
V
Shawmut Bank
of Boston.
The for redemption thereafter but on $42,913.70, Street Paving, Series A

10,

Columbia, Ky.
Bond Sale

on

.

the

to

Lynn Housing Authority, Mass.
Stinson, Mag, Thomson, Mc- The notes will be authenticated as
Note Sale—The $70,000 tempo¬
Evers & Fizzell, of Kansas City. to
genuineness and validity by the rary loan notes offered Feb, 8—
Enclose a certified or cashier's First National Bank of
Boston, un¬ v. 169, p. 648—were awarded to
check for $12,000, payable to the der advice of
Ropes, Gray, Best, the Second National Bank, of Bos¬
City.
Coolidge & Rugg, of Boston. Notes ton, at 0.74% interest. Dated Feb.

of

KENTUCKY

be

der.

Third National Bank & Trust Co.,

follows:

Dated Feb. 1, 1949. The second
Feb. 15 for the pur¬
highest bidder was Equitable Se¬
chase of $600,000,not to exceed 5%
curities Corp., and Glas & Co.,
interest water works bonds. Dated
jointly, for $126,000 23/4s, and $74,March 1, 1949. Alternate bids as
000 3s, at a price of 100.10, a basis
follows are requested: Proposition
of about 2.89%.
No. 1, for bonds maturing $40,000
Sept. 1, 1950 to 1964, and Proposi¬
MASSACHUSETTS
tion No. 2, for bonds maturing
Beverly, Mass.
$30,000 Sept. 1, 1950 to 1969. Prin¬
cipal and interest (M-S) payable
Note Sale—The $300,000 tempo¬
at the State Treasurer's office1. De¬
rary loan notes offered Feb. 9—
livery of the bonds will be made v. 169, p. 647—were awarded to
at the City's expense to any na¬ the
Beverly National Bank, at
tional
bank
designated by Yhe 0.68% discount. Dated Feb. 9, 1949
p.m.

the

approving legal
Ropes,
Gray, Best,
Coolidge & Rugg, of Boston, will

of

The City Clerk

sealed

receive

will

—

but

Denomination $1,000.
Principal and interest (A-O) payable at the Detroit Trust Co., Detroit.
Rate of
interest to be in a multiple of
Gloucester Housing Authority,
000. Due March 1, as follows: $9,- V4 of 1%.
Massachusetts
The unqualified apNote Sale—The $70,000 tempor¬ 000 in 1950 to 1953, and $8,000 in: proving opinion of Miller, Can1954 to 1964. Bidders to name one field, Paddock & Stone, of De¬
ary loan, first series notes offered
Feb. 8
v.
troit, as to legality of the bonds
169, p. 647 — were rate of interest in a multiple of

,

$7,000 4s.
,

after

not valid until after said bank

are

we,re- awarded to Weil &
.'■(Dieted March 1, 1949. Principal Arnold., of .New-Orleans, and Mer-- )0 1 il Springfield), Mass.
K^nd interest (M-S) payable at, the rill'
Note Sale—The $500,000 tempo¬
Lynch,; Pierpe, <Fennel: ■' * &
State Treasurer's office. The City
rary loan notes offered Feb. 9—v.
Beane, of New York, jointly, at a
will prepare transcript and print
price of 100.01, a basis of about 169, p. 647—were awarded to the

4SJJS:;

livery

and

provide that they interest.

will

notes

bond called for

—

26,000 314s.
1960 to

,<3,370 Extension to Sanitary Sew¬

about

Due on Feb.
1959, incl.

$48,000 3s.

amount bid.

er

of

cost

follows:

(EST) on Feb. 16 for the
purchase of $100,000 temporary
loan notes. Dated Feb. 23, 1949.
Due Aug. 23, 1949. Principal and
interest will be payable
at the
Second

prior to July 1, 1969; $5

or

51

*

-

Fall River Housing

bheck for $1,000

.

City

sealed

(EST)

Mass.

Offer in g—Archie R.

receive

May 24, 1948. Legality approved bonds were rejected.
fey Chapman & Cutler, of Chicago.
Printed bonds furnished by the Morehouse Parish Sch. Dist., No. 14
(P. O. Bastrop), La.
successful
bidder.
A
certified

.

(747)

$2

(748)
bonds.

THE

&

COMMERCIAL

Denomination

$1,000, The District will furnish the
$913.70. Due March 1, printed bonds and the approving
legal opinion of Faegre & Benson,
604,206,04 Street Paving, Series of Minneapolis, both without cost
B bonds. Denominations
$1,- to the purchaser, and the delivery
000, $402.01 and $402.02. Due thereof will be made within 30
March 1, as follows:
$201,- days after acceptance of bid. Each
402.01 in 1950 and 1951, and bid must be unconditional except
as to legality.
$201,402.02 in 1952.
Enclose a certified
15,391.78 Sewer, Series C bonds. or bank cashier's check for $500,
Denominations $1,000, one for payable to the District Treasurer.
$391.78. Due May 1, 1950.
Grand Rapids, Minn.
17,228.18 Sewer, Series D bonds.
Bonds Sold—An issue of $13,000
Denominations $1,000, $742.73
and $742.72. Due March 1, as airport bonds has been sold to the
follows: $5,742.73 in 1950 and Grand Rapids Finance Corp., as
2%s, at a price of par.
1951, and $5,742.72 in 1952.
108,352.78 Sewer, Series E bonds.
McLeod County Indep. Sch. Dist.
Denominations $1,000, $88.19
No. 9 (P. O. Brownton), Minn.
and $88.20. Due March 1, as
Bond Sale — The $20,000 build¬
follows: $27,088.19 in 1950 and
1951, and $27,088.20 in 1952 ing bonds offered Feb. 4—v. 169,

FINANCIAL

15, 1949 and mature on March 15,
1959.
Callable in whole or
in

MISSOURI

for

one

Kansas

1950.

•

and

1953.

p.

543—were

awarded

to

J.

M.

City, Mo.

Bond Sale Details—The

Monday, February 14, 1949

CHRONICLE

$453,000

series A sewer bonds awarded on
& Trust

on

to serve the an¬

the

side

south

of

In purchasing the initial
bonds, the City
Co., paid a

the City.

block

sewer

area

bonds.

of $453,000

National Bank & Trust

price of 100.001633 for $46,000 3s,
due in 1950 and 1951, and $407,000

Series

B

o n

S

d

a

1

e

—

The

-

,

&

Bank

Trust

Co.

of

bonds, which opinion will be fur¬
without

the
purchaser prior to the delivery
thereof. The City will pay the cost
of printing the bonds. Bonds will
be delivered at the City Treasur¬
er's office, or) at such other place
as may be agreed upon with fhe
purchaser. Enclose a certified or
cashier's check for $16,000, pay¬
able to the City Treasurer.
to

expense

Houghton County (P. O.
Houghton), Mich.

r

Note Sale—The issue of $20,000
notes offered on Feb. 9—v.

tax

648—was awarded to the
&
Miners
Bank,
of

Merchants

Calumet, as 2s, at a price of par.
Dated March 15, 1949 and due on
March 15 from

1949 to

Whitehall Rural

1953 incl.

Agricultural

School District, Mich.
Bond Sale Details—The $400,000
building
bonds < purchased
by
Barcus, Kindred & Co., of Chi¬
cago, and Stranahan,
Harris &
Co., Inc., of Toledo, jointly, as
previously noted in v. 169, p. 648,
were
sold at a price of 100.05.
The issue consists of $200,000 3y2s
and $200,000 3s.

fered Feb. 7—v. 169, p. 648—were
awarded to Shaughnessy & Co., of

bank

St.

the

bonds.

Due

Dec.

on,

1

County Com.

Sch.

Dist.

No. 47 (P. 0. 715 Homewood*

Road, Minneapolis 21), Minn.
Bond Offering

—

Alfred Bern¬

stein, District Clerk, will receive
sealed bids until 2 p.m. (CST) on
Feb. 25 for the purchase of $30,000 school building coupon bonds.
Dated March 1, 1949. Denomina¬
tion $1,000. Due $2,000 March 1,
1952 to 1966. The bonds will bear

interest at the rate or rates speci¬
fied/by the successful bidder.
Principal and interest payable at

suitable

bank

or

trust

com¬

designated by the successful
bidder.
Bidders are required to

pany

a

from '»

1949 to 1957 inclusive.

Dated Dec. 1, 1948.

highest bidder
Co.,

was

The second *
C. F. Childs &

and

Wood, Gundy & Co.,
for iy2s, at a price of/

jointly,
100.20.

:

V

Bergen, N. Y..

r '

Bond O f fe r i n g — George R.
Thompson, Village Clerk, willre- A

ceive

sealed

bids

until

2

pjn.

r

(EST) on Feb. 14 fOr the purchase (
of $53,500 not to exceed 5% in-r-;
terest .electric light system coupon /
or registered bonds. Dated Feb, 1,
1949. *
Denomination $1,000, ©he
for $500. Due June I, as follows:'
$1,500 in 1950, and $2,000 in 1951
to
1976.
Principal and interest
(J-D) payable at the State Bank
of

of

Churchville, Churchville. Rate
interest to be in multiples of

V,[

or

1/10 of 1% and must be the

■;

for

The

>*

successful bidder will be furnished

"

same

all

of

the

bonds.

with the opinion of Reed, Hoyt &

•

Washburn, of New York City, that
the

bonds

valid

and

binding
obligations of the Village. The ap¬
proximate time, when the bonds
will

are

delivered

be

March

before
or

15,

1949, at such
located in
be specified by

trust company

der
of

was

National Shawmut

Bank

Boston, at 0.94%.

is

chaser

Feb.

16,

the

to

1949,

and

pur¬

the desired rate

multiple of

lk

or

qr

rates in

Treasurer's

at such other
be speci¬
fied
by the purchaser with the
consent of the Village Treasurer.
time

and

office,

place

or

as

State

as

may

Notes

are

dated

Feb.

7,

may

1949.

••

■

—

—

,

S.

submitted must

Love

Co., of Jackson, and!
Scharff & Jones, of New Orleans,
jointly, as 2y2s and 2%s, as fol¬

Montana
Debenture

(State of)

Sale

—

The

issue

of

$5,500,000 State Highway Treas¬
ury
anticipation debentures of¬
$82,000 street intersection bonds.
fered on Feb. 10—v. 169, p. 53—
57,000 special street improvement was awarded to a syndicate com¬
bonds.
posed of Drexel & Co., Philadel¬
Dated Jan. 1, 1948.
Due in 1 phia, Eastman, Dillon & Co., New
to 10 years.
Legality approved York, Braun, Bosworth & Co.,
by Charles & Trauernicht, of St. Inc., Toledo, A. C. Allyn & Co.,
Louis.
Inc., New York, Equitable Secur¬
ities Corp., Nashville, Weeden &
Durant Municipal Separate School
Co., San Francisco, Kebbon, McDistrict, Miss.
Cormick & Co., Chicago, Wood,
Bond Sold—An issue of $20,000
Gundy & Co., New York, Courts
school bonds has been sold to Weil &
Co., Atlanta, Coughlin & Co.,
&
Arnold, of New Orleans, as Denver, Henry/Dahlberg & Co.,
2^s, at a price of par. Dated Nov. Tucson and Harold E. Wood & Co.
1, 1948.
Legality approved by of St. Paul, as 2s, at a price of
lows:

Charles

l/lO of 1%. Louis.




de¬

livery will be made at the Village

Her-;

►

state

;

New

Each bidder must, as a condition
precedent to the consideration of
the purchaser. Said bonds will be Denominations suitable to the suc¬
his bid, deposit with the Village
Due Dec. 7, 1949<
sold subject to the legal opinion cessful bidder.
Clerk,
a
certified or cashiers
of Stinson, Mag, Thomson, Mc- The notes will be authenticated as
check for $1,070, payable to the x
$71,000 2y2s. Due on Feb. 15 from Evers & Fizzell of Kansas City, to genuineness and validity by the Village.
whose final unqualified
1950 to 1958 inclusive.
approving National Shawmut Bank of Bos¬
Bond Sale
Cancelled—Sale of.
The
favorable
opinion of
54,000 3s. Due on Feb. 15 from opinion will be furnished and paid ton.
the
$53,500
electric/light
sys-1
for by the City and delivered to Storey,
1959 to 1965 inclusive.
Thorndike,
Palmer
&
tern bonds on Jan. 26 to Tilney & *
the
successful bidder when the Dodge, of Boston, as to the va¬
Dated Feb. 15, 1949. The second
bonds are delivered.
The pur¬ lidity of this issue will be fur¬ Co., of New, York, as.2%s, at a
highest
bidder
was
Harold
E.
price of 100.17, a* basis of about
chaser will be furnished with a nished
without
charge to
the
Wood & Co., for $71,000 as 2V4S,
certified transcript of proceedings successful bidder. The notes will 2.23%, was cancelled due to .an *
and $54,000 as 3s, at a price of
error
in the official notice. The:
delivered
at
the
National
evidencing the authorization and be
100.10, a basis of about 2.73%.
bonds
are
being
reoffered:< on
issuance of
said
bonds.
These Shawmut Bank of Boston,
and
Feb. 14.
;
•••.//./
/ /
Todd County Ind. Sch. Dist. No. 78 bonds were authorized at an elec¬ will be payable at said bank.
tion held on Oct. 12, 1948. Enclose
(P. O. Staples), Minn.
Chili (P. O. Churchville), N. Yi
Bond Sale
NEW JERSEY
The $65,000 con¬ a certified or cashier's check for
Bond Sale
The $44,650 townZ
struction and equipment bonds of¬ $6,000, payable to the City.
Elizabeth, N. J.
garage, 1948 bonds offered Feb. 81
fered Feb. 4—v. 169, p. 543—were
Bond Offering — Patrick F. McMONTANA
—v. 169, p. 544—were awarded: toawarded to the Northwestern Na¬
Gann, City Comptroller, will re¬ Erikson Perkins & Co., of Roch-1
tional Bank, of Minneapolis, as 2s,
Granite County (P. O.
ceive
sealed bids until 11
a.m.
ester, as 2s, at a price of 100.26, a at a price of 100.009, a basis of
Phillipshurg), Mont.
(EST) on Feb. 21 for the purchase basis of about 1.97%. Dated Nov/
about 1.99%. Dated Feb. 1, 1949.
Bond Sale—The $74,000 hospital of $1,662,000 not to exceed 6% in¬
1, 1948. Due on Nov. 1 from 1949?
Due from 1952 to 1954 inclusive.
construction and equipment bonds terest coupon or registered bonds.
to
1968 inclusive.
;
The secohdv
Legality approved by Faegre & offered on Feb. 9—v.
Dated March 1, 1949. Denomina¬
169, p. 423—
highest bidder was Sherwood &•"
Benson, of Minneapolis.
were awarded to the Flint Creek
tion $1,000. Due March 1, as fol¬
Co., for 2.10s, at a price of 100.14.
Valley Bank of Phillipsburg, as lows: $50,000 in 1950 to 1963, $60,MISSISSIPPI
2%s, at a price of 101.62.
Dated 000 in 1964 to 1978, and $62,000 in
Delhi, N Y.
Jan. 1, 1949. Second high bid of 1979. Principal and interest (M-S)
Drew, Miss,
Bond Offering-— Grace Signor, '
101.37
for
Bonds Sold—An issue of $139,2%s
was
made
by payable
at
the National
State Village Treasurer,
will receive;'
Bank of Elizabeth. Each proposal
000 bonds has been sold to the Piper, Jaffray & Hopwood.,
sealed bids at the office of

Paul, and the C. S. Ashmun
Co., of Minneapolis, jointly, at a
price of 100.94, a basis of about
2.72%, as follows:

J.

MINNESOTA

any

•

.

—

Anoka

'

$1,300,000 /

bonds offered Feb. 4—v. 169, p^
544—were awarded to the Chem-

Denominations

.

p.

on

NEW YORK

Albany County (P. O.
Albany), N. Y,
^

ical

.

169,

due

County High Sch. Dist. York, at iy2s, at a price of
10Q.22*
No. E (P. O. Froid), Mont.
a basis of about 1.43%, as follows: .
Bond Sale Details—The $75,000
Due :
construction and equipment bonds $500,000 equipment bonds..
Dec. 1 from 1949 to 1952 in¬
purchased by the State Board of
clusive.
y:Vv/
o
Land Commissioners, as 3s, at a
800,000
public
improvement <
price of par, as previously noted

-

nished

and

Roosevelt

F Dain & Co., of Minneapolis, as iy2s, due from 1952 to 1969 inclu¬ in
v. 169, p. 543—are due on Jan.
$1,000, 2.20s, at a price of 100.30, a basis sive, making an effective interest
15, 1969, and are redeemable in
of about 2.166%.
one for $115.90. Due March
Dated Feb. 1, rate of' 1.5218%. The offering at¬
1,
full
on"
any
interest payment
1949 and due on Feb. 1 from 1952 tracted a total of 29 bids by syndi¬
1950.
cates representing 66 investment date from and after 10 years from
2,896.84 Alley Paving, Series G to 1964 inclusive. Second high bid
date.
bonds. Denominations $1,000, of 100.111 for 2.20s was made by banking and bond houses. Second
high bid was made by a group
and
$448.42.
Due
$1,448.42 Piper, Jaffray &Hopwood.
NEBRASKA
headed by Eastman, Dillon & Co.,
May 1, 1950 and 1951.
Marshall County {P. O.
and Dempsey & Co., both of Chi¬
Fairhury, Neb*
Dated Nov. 1, 1948.
Principal
Bonds Sold—An issue of $200,Warren), Minn.
cago, the offer reflecting a cost to
and interest payable at the City
Bond Sale—The $41,000 drain¬ the city of $73,671.06, as compared 000 power plant bonds has been
Treasurer's office or at its cur¬
with the $71,692.60 cost on which sold to the Wachobr-Bender Corp.,
rent official bank in New York age, 1949 bonds offered Feb. 9—
the successful bid was based.
of Omaha, as ZV2Sr.
v.
169, p. 648—were awarded to
Dated March
City or Chicago.
Coupon bonds
J. M. Dain & Co., of Minneapolis,
1, 1949,
Denomination $1,000.
will be exchangeable for regis¬
Mexico, Mo.
''//"-/
as 1.70s, at a price of 100:33, a basis
tered bonds at the option of the
Sidney, Neb. *
Bond Offering—John M. Cald¬
of about 1.62%. Dated Feb. 1,1949;
holder.
All of the
bonds will
/ Bond f Sale Details—The $170,City Clerk,
will receive,
Due on Feb. 1, from 1950 to 1957, well,
bear interest from their date at the
000
sewage
disposal plant and
incl.
The second highest bidder sealed bids until 2 p.m. (CST) On
rate or rates of interest expressed
Feb. 15 for the purchase of $289r sewer extension bonds purchased
was
Allison-Williams
Co.,
for
in a multiple of1/* of 1%. Interest
Co.,
of
000
public sewer bonds.
Dated by: Kirkpatrick-Pettis
on Special Assessment Street Pav¬ 1.80s, at a price of 100.05.
as
previously noted in
March 1, 1949. Denomination $1,- Omaha,
ing bonds, Series A and Series B,
v.
169, p. 544—were sold at par,
Renville County (P. O.
000.
Due
March 1,
as follows:
Sewer Special Assessment bonds,
as
follows.:
;
1
•
Olivia), Minn.
$9,000 in 1950, $10,000 in 1951 to
Series E and Series D, and Alley
Bond Sale—The $150,000 county 1953; $15,000 in 1954 to 1967, and $67,000 3 y^s.
Due on Jan. 1 from
Paving bonds Series F, will be
1950 to 1954 inclusive.
$20,000 in 1968 and 1969. Each in¬
payable on March 1, 1949, and hospital bonds offered Feb. 8—v.
103,000 3s.
Due on Jan. 1 from
169, p. 423—were awarded to the terest rate specified shall be an
semi-annually thereafter on Sept.
even multiple of lk of 1%.
1955 to 1961 inclusive.
No bid
C. S. Ashmun Co., of Minneapolis,
1 and March i. Interest on Sewer
of less than par and accrued in¬
as l%s, at a price of 100.13, a basis
Dated Jan. 1, 1949.
Denomina¬
Special Assessment bonds, Series
Both
of about 1.72%.
Dated March 1, terest will be considered.
tion $1,000.
C, and Alley Paving Special As¬
1949. Due on March 1, from 1951 principal of and interest on said
sessment bonds, Series G, will be
NEW HAMPSHIRE :
to 1960, incl.
The second highest bonds will be payable at such
payable on May 1, 1949, and semi¬
or
trust company
located
bidder
was
the
First
National bank
annually thereafter on Nov. 1, and
Berlin, N. H. Z'
Bank, of Minneapolis, for l%s, at within the State as may be speci¬
Note Sale—The $200,000 tempo¬
May^ 1.
■./..ak,.;'.
fied b,y the purchaser.
The City
a price of 100.11.
4
Bids shall be conditioned upon
will pay for printing and regis¬ rary loan notes offered Feb.
were
awarded to the First Na¬
the unqualified opinion of Miller,
St. Louis Park, Minn.
tering said bonds and will deliver
Bond Sale
The $125,000 water the same properly executed and tional Bank, of Boston, at 0.893%,
Canfield, Paddock & Stone, of De¬
troit, approving the legality of the supply system revenue bonds of¬ registered to the purchaser on or discount. The second highest bid¬

2,115.90 Alley Paving,

1949

1,

X from 1950 to 1979 inclu¬
part- at par and accrued interest
Second high bid of 100.429 ?
March 15, 1954, or on any sub¬ sive.
for 2y4s was made ; by a group ;
sequent
interest * payment
date.
Drexel & Co. and Associates made composed
of Ira Haupt & Co.*
public re-offering of the issue at Ryan, Moss & Co., and J. R. Ross ;
a price of 10L43.
Second high bid & Co. *
\ .
on

Co., of Kansas City, Mo.,
previously noted in v. 169, p.
648, represented sale of the first of 100.08 for 2s was made by a
instalment
of
the
$41,500,000 syndicate which included Shields
bonds authorized at the November, &
Co., Lee Higginson Corp., C. F.
1947 general election, validity of Childs &
Co., Stern Bros. & Co.,
which was established in a special Hirsch &
Co., Reynolds & Co.,
suit
which was upheld by the
Dempsey & Co., Ira Haupt & Co.,
State Supreme Court. Purpose of Foster & Marshall and
Tripp &
the financing is to
construct a Company.
as

nexed

basis of about 2.197%.

Dated' Feb.
Feb.

Jan. 31 to the City National Bank

main trunk

of 100.02, a

&

Trauernicht,

of

St.

name

the rate: of

interest to be borne by the bonds
bid for and the rate named must

be

witt

&

Dreyfus, of 118- Main i
Street/ Delhi, until 10 a.m. (EST) ■

on
Feb. 21 for the purchase of *
multiple of 1/20 of 1%, and $25,000 village hall improvement^
be the same for all of the
coupon or registered bonds. Dated

a

must

bonds bid for.

The successful bid¬

March 1, 1949. Denomination $2,with the
500.
Due $2,500 7uly 1, 1949 to
opinion of Reed, Hoyt & Wash¬ 1958. *
Principal and -interest (J-J)
burn, of New York City, that the
payable at the Delaware National:
bonds are valid and legally bind¬ Bank
of
Delhi. ? Bidders
must'
der

will

be

furnished

ing obligations, of the City.
close;

a

certified

or

En¬

cashier's

- or

treasurer's check for $33,240, pay¬
able to the City.

state

in

their

bids the

price of- »
bonds;
will be delivered to the, successful
fered

for

the

bonds.

The

bidder at the office of the above

Township School. District attorneys,. on or' about March 1,
1949, and the purchaser will be
(P. O. Teaneck), N. J.
Bond Sale—The $150„000 school notified when the bonds are-ready

Teaneck

bonds offered

on

Feb. 9—v. 169, p.

Peoples
of; Bergen County, of
100.3961, a basis of about 1.92%.
The debentures are dated March Hackensack, as 2.20s, at a price

for

544r—were awarded to the

Trust

Co.

or

delivery. Enclose
cashier's

able to the

check

for

a

certified*

$500, pay¬

Village Treasurer.

Volume

,

169

Dobbs

!

Bond

Number 4777

Ferry, N. Y.
$22,000 street

Feb.

7—v.

awarded

York,

bonds

169,

Feb.

of

1,

1949.

second

price of 100.54.

about

1.74%.

Due

Dated

&

Aug. 1 from

on

Village

View), N. F.
Sale—The $20,000 build¬

Bond

Oct.

as 1.60s, at a price of
basis of about 1.59%. Due

30 from

1949

to

in¬

1952

clusive.

are

Hempstead (P. O. Hempstead),
,

,

Bond

way

.

any

New York

Sloan

'

:

V

CP, O. Buffalo), N. Y.

Bond

Sale—The

(EST)

interest

5%

extension

callable

coupon

and

$76,000 high¬
1949 bonds, of¬

on

water

or

redeemable

once

June

in the

"Mid-York Weekly," a newspaper
published at Hamilton, N. Y., the
first publication to be at least 30

Co., of Rockville Centre, as iy4s,
'at a price of 100.009, a basis of
days prior to the date set for such
about 2.24%. Dated Feb. 15, 1949.
or,
in the case of
.Due on Feb. 15 from 1950 to 1954 redemption;
registered bonds, by mailing of
.inclusive.
" // '/o.Ty/;■
such
notice
to
the
registered
Hempstead, Oceanside Fire Dist. holder at least 30 days prior, to
such date.
Rate of interest to be
(P. O. Oceanside), N. Y.
Bond Sale
The $20,000 bonds in a multiple of 1/10 of 1%, and
«offered on Feb. 10—v.
169, p. 649 must be the same for all of the
—were
awarded to Tilney & Co. bonds.
The bonds will be deliv¬
of New York, as
1.90s, at a. price ered to the successful bidder at
of 100.03, a basis of about
1.89%. the Village Clerk's office, on or
.

basis of about 2.21%,
1, 1948 and due on

a

Dec.
1

from

1949

to

inclu¬

1967

City

bonds

were authorized at
tion in the district.
are

interest

No.

1

Union

(P.

Free

O.

Branch), N.

may

bonds

rates

for

bid

awarded

the

to

for

elec¬

name

in

Each

a

bid

part of
earliest

the

another

rate

balance, but

no

bid

than three

more

bidder

rates,
specify in

must

the

bonds

amount of bonds of
Each rate bid must be
of consecutive maturi¬

ties.

$16,000

chell

City,

will

'of chaser.

be

furnished

Enclose

Smithtown, of Smithtown Branch, for $1,300,
as 1.40s, at a price of
100.11, a basis Treasurer.

the

pur¬

certified check

a

payable

to

the

State

of about 1.354%.
of

Roosevelt & Cross, New York.
Bonds are dated Jan. 1,. 1949.

Denomination $1,000.
Due $4,000
Jan.
1, 1950 to 1953.
Principal
and interest

(J-J) payable at the

Local

School District

Youngstown), Ohio
$517,000 con¬

Sale—The

struction

bonds

offered

Feb.

9—

169, p. 425—were awarded to a
syndicate
composed
of
Field,
Richards
&
Co.j and Prescott,
Hawley, Shepard & Co., both of
Cleveland;
Provident
Savings
.

Bank

& Trust Co., Weil, Roth &
rving Co., and Doll & Isphording,

Inc., all of Cincinnati,
a

price of 100.68,

2.437%.

The

a

as 2y2s, at
basis of about

bonds

are
dated
March 1, 1949 and mature on June
1 and Dec. 1 from 1950 to 1973 in¬

clusive.

Second high bid of 100.44

composed

of Stranahan, Harris &
Co., Inc., Braun, Bosworth & Co.,
Inc.,
Ryan, Sutherland
&
Co.,
Fahey, Clark & Co., First Cleve¬
land Corp. and McDonald & Co.
Brown

Second high bid
1.40s was made by

100.062 for

O.

for 2y2s was made by a syndicate

Feb. 10

Bank

(P.
Bond

or

approving opinion of Mit¬
& Pershing, of New York

Bond Sale—The issue of

Boardman

53

v.

for

rate

and

the

each

an

rates,

(having

may name

and

or

1%.

of

one

maturities)

The

on

y4

name

the

Y.

building bonds offered
was

Dist.

Sch.

Smithtown

Deliv¬

requested to

rate

multiple of

each rates.

Smithtown

Greenville.

or

8, 1949, at
place of purchaser's choice.
The

his

sive.

(749)

ery on or about March

the

awarded to E. H. Rollins & Sons,
of New York, as 2V4s, at a price

100.17,

York

Bidders

$81,000 public
improvement, 1948 bonds offered
Jan.
31—v.
169,
p.
545—were

on

interest payment date prior to

by publication at least

fered Feb. 8—v. 169, p. 649—were
awarded to the South Shore Trust

Feb. 1, from 1950

on

a

their maturity upon the giving of
notice of such call for redemption

Sale —The

machinery,

,

1, 1949. Due
1969, incl.

to

Dated

exceed

CHRONICLE

Co., both of New York,

at

regis¬
tered bonds. Dated Feb. 1; 1949.
Denomination $2,000.
Due $2,000
Feb.
1, 1950 to 1959.
Principal
and interest (F-A) payable at the
Village Clerk's office.
The bonds

Buffalo,

on

,

H.

of

to

main

649—were warded to the ManuJacturers and Traders Trust Co.,
a

The

E.

1.70s,
,

1,

not

p.

100.01,

for

Sons,

FINANCIAL

as 2V2S, at a price of 100.41,
basis of about 2.45%. Dated Feb.

a

Feb. 21 for the purchase of $20,000

ing bonds offered Feb. 7—v. 169,

of

June

was

sealed bids until 3 p.m.

O. Lake

Dated

Mcrrisville, N. Y.,
Offering—Grace Phelps,
Treasurer,
will
receive

:

Bond

(P.

on

highest bidder

Rollins

Hamburg Com. Sch. Dist. No. 12

.

J. Sims &

&

jointly,

Due

Tilney & Co., of New
l%s, at a price of 100.04,

Feb. 1, 1949.
•1949 to
r

price of 100.17,
1.57%.

a

about

COMMERCIAL

1950 to 1964 inclusive.

from

544—were

p.

to

1.60s, at

as

basis

a

offered

of

as

basis

a

York,

Sale —The

improvement .1949
on

THE

Columbus County

(P. O.

Whiteville), N. C.
Bond Sale

building,
Feb.

8

The

—

series

awarded

B

to

the

$350,000 school
bonds

169,

v.

—

p.

649

First

offered
—

were

Securities

County (P. O.
Georgetown), Ohio
Bond Sale—The $400,000
county
hospital bonds offered on Feb. 9
v. 169, p. 425—were awarded to
Stranhan, Harris & Co., Inc. of
Toledo, as 2s, at a price of 100.31,

Corp., of Durham, and Byrne and
basis of about 1.97%.
Dated
Phelps, Inc. of New York, joint¬ Feb.
1, 1949 and due on June 1
ly at a price of 100.03, a basis of and Dec. 1 from 1950 to 1972 in¬
school house,
or
at such other
about 2.63%, as follows:
clusive.;
place as may be agreed upon with
%
'/•'j
:•/:y '
the
purchaser, about March 1, $110,000 2y4s. Due June l,kfrom
Columbus, Ohio
1950 to 1961 inclusive.
1949.
The approving opinion of
Bond Offering — Agnes Brown165,000 2y2s. Due on June 1 from
Wood, King & Dawson, of New
Cain,
City Clerk, will receive
1962 to 1972 inclusive.
York City, will be furnished to
Dated March 1, 1949 and due on about Feb. .26, 1949, and he will
sealed bids until noon (EST) on
the purchaser without charge.
75,000 3s. Due on June 1 from
March 1 from 1950 to 1954 inclu¬ be notified when the bonds are
Feb. 25 for the purchase of $2,1973 to 1977 inclusive.
sive.
Second high bid of 100.01 ready for delivery. The
Van Etten, Baldwin, Erin,
000,000 2% unlimited tax coupon
approving
Dated Dec. 1, 1947. The second
for 1.90s was made by the South opinion of Michael S. Powers of
or registered
bonds, as follows:
Chemung, Spencer, Barton,
highest bidder was R. S. Dickson
Shore Trust Co., Rockville Centre.
$500,000
Morrisville, as to the validity of
Relief,
Cayuta and Newfield Cen¬
Sanitary
and
& Co., Branch
Banking & Trust
the
bonds will be furnished to
Storm
Sewers
tral School District No. 1
Fund
No.
5
Hempstead Union Free Sch. Dist.
Co.,
Wilson,
Vance
Securities
the successful bidder.
Enclose a
bonds.
Due
(P. O. Van Etten), N. Y.
$20,000 Oct. L
No. 14 (P. O. Woodmere),
Corp., Glreensboro, and J'. Lee
certified
or
cashier's
1956 to 1974.
check
for
Bond Sale—The $40,000 bus gar¬
// ■
New York
Peeler & Co., jointly, for
$40,000
$400. payable to the Village.
450,000 Health and Safety Center
age, 1949 bonds offered Feb. 7
Bond Sale
The $550,000 conas
iy2s, $8,000 as 2s, $182,000 as
v.
Building Fund No. 2 bonds.
169, p. 545—were awarded to
struction bonds offered Feb. 8—
j New York City Housing Authority, Tilney & Co., of New York, as 2y2s, and $120,000 as 3s, at a price
Due $18,000 Oct.
1, 1950 to
:v,
169, p. 544—were awarded to;
of par, a basis of about 2.72%.
New York
1974.
v Harriman
2%s, at a price of 100.17, a basis
Ripley & Co., and Gold|
Note Offering—James F. Far- of about 2.23%. Dated Feb. 1, 1949.
400,000 Sewage Treatment Works
Lillington, N. C.
man, Sachs & Co., both of New
rell, Chairman, will receive sealed Due on Feb. 1 from 1950 to 1971
Fund No. 5 bonds. Due
Bond Offering—W.
E. Easter; York,
$16,jointly, as 2.20s, at a price of bids until noon (EST) on Feb. 15
inclusive. The second highest bid- ling, Secretary Local Government
000 Oct. 1, 1950 to 1974.
> 100.408,
a basis of about 2.16%. !for
the
purchase of $1,250,000 ber was Paine,
400,000 Fire Engine House and
Webber, Jackson Commission, will receive sealed
; Dated
March
1,
1949.
Due
on
emergency housing notes.
Dated &
Equipment Fund No. 2 bonds.
i March
Curtis, for 2*4s, at a price of bids at his office in Raleigh, unti
1, from 1950 to 1974 incl,
Due $16,000 Oct. 1, 1950 to
11 a.m. (EST) on Feb. 15 for the
| March 1,. 1949. Due Sept. 1, 1949. 100.12.
; f
j
u
n
c
I The notes will be payable at the
1974.
purchase of $50,000 not to exceec
bondequoit Union Free Sch. Dist.
chemical Barik & Trust Co., New Wilton, Wilton Fire District (P. O.
250,000
Street
6%
interest street improvement
Improvement
Rnmi
Gansevoort, R. D. No. 2, N. Y.
n
t
n
Mn
I York City, and the fees or charges
Fund No. 3 bonds. Due $25,bonds.
Dated March 1, 1949. De¬
Bond Offering—Stuart G. Row¬
000 Oct. 1, 1950 to 1959.
nomination
Kinley
Wui
iof such bank for acting as paying
$1,000.
Due
$5,000
ceive
Dated April 1, 1949.
sealed
bids
until
n ,n
1 aSent wiU be pald by the Autl?or- ley, District Secretary-Treasurer, March 1, 1951 to 1960. Principal
Denom¬
receive
sealed
bids
until and
/•TTQ'm
1Q
5™tu J?'™'
The validity of the notes and will
interest
(M-S) payable in ination $1,000. Principal and in¬
4 p.m. (EST) on Feb. 23 for the
nf
«QQnnnn
+
pui7'said Guaranty Contract will be
terest (A-O) payable at the
New York City.
City
^s.
$990,000 not to exceed s approvecj by Caldwell, Marshall, purchase of $13,000 coupon or reg¬
Bidders may
5%
interest building coupon or
Bidders are requested to namC Treasurer's office.
J
Trimble & Mitchell, of New York istered bonds, divided as follows:
the interest rate or rates, in a bid for a different rate of interest
'registered bonds. Dated March 15,
City, and a copy of such attor¬ $7,000 not to exceed 21/2% inter¬
in a multiple of x/4 of 1%.
1949.
Denomination $1,000,
The
multiple of J/4 of 1%.
The ap¬
Due
neys' opinion will be furnished by
est
fire
fighting equipment proving opinion Of Mitchell & approving
opinion
of
Squire,
; Nov. 1, as follows: $30,000 in 1949
the Authority to the
successful
Sanders & Dempsey of Cleveland,
to
purchase bonds. Denom. $1,- Pershing, of New York
1957, and $45,000 in 1958 to
City, will
purchaser or purchasers without
400. Due $1,400 April 1, from be furnished the purchaser. En¬ and the printed bonds will be fur¬
; 1973.
Principal
and
interest
;
charge.
'
r'
'' ' ■ ■
1949 to 1953 inclusive. Interest close a certified check for
nished and paid for by the City.
<M-N) payable at the Genesee
$1,000,
The bonds will be delivered at the
payable annually April 1.
Valley Trust Co., Rochester. Rate
payable to the State Treasurer.
Poughkeepsie Union Free Sch. Dist.
of interest to be in a
6,000 not to exceed 5 % interest
City Clerk's office. All bids are
multiple of
No. 2 (P. O. Poughkeepsie),
Montgomery County (P. O.
to be accompanied by a certified
building and land acquisition
; % or 1/10 of 1%, and must be
New York
Troy), N. C.
bonds.
Interest
check for 1% of the bonds bid
the same for all of the bonds. The
payable an¬
for,
Bond Offering — Ric hard T.
Bond Sale—The
$100,000 hospi¬ payable to the
nually April 1. Denom. $300.
successful
City Treasurer.
**
bidder,
will
be
furLane, District Clerk, will receive
Due $30Q April 1 from 1949 tal bonds offered Feb. 8—v. 169,
;• nished with the opinion of Reed,
sealed bids at the office of John
Deer Park Exempted Village
p. 650—were awarded to the First
to 1968 inclusive.
Hoyt & Washburn, of New York B.
Van
School District (P. O.
DeWater,
54
Market
Securities Corp., of Durham, and
Dated Feb. 1, 1949. Bidders are
City, that the bonds are valid and Street, Poughkeepsie. until 2 p.m.
Cincinnati), Ohio
Byrne and Phelps, Inc., of New
to name a single rate of interest
binding obligations of the District. (EST) On Feb. 16 for the
Bond Sale.—The
pur¬
$12,000
im¬
York, jointly, at a price of 100.04,
The approximate time when the
chase of $415,000 not to exceed expressed in a multiple of 44 or a basis of about
provement bonds offered Feb. 4—
2.72%, as follows:
bonds will be delivered to the pur¬
1/10 of 1%. Principal. and inter¬
5%
interest
construction
and
v.
169, p. 545—were awarded to
est payable at the Saratoga Na¬ $20,000 2y2s. Due on Feb. 1, from
chaser is March 15, 1949, and de¬
J. A. White & Co., of Cincinnati.
equipment coupon or registered
1952 to 1958, incl.
/ ;
tional
livery will be made at the Dis¬ bonds.
Bank,
Saratoga
Springs.
Dated Feb. 1, 1949.
Dated Jan. 1, 1949.' Due on Dec.
De¬
1,
80,000 2%s. Due on Feb. 1, from
The legality to be approved by
trict Treasurer's office, or at such
nomination $1,000. Due Feb. 1, as
from 1950 to 1959 inclusive.
1959 to 1974, incl.
John
W.
other time and place as
Nichols,
of
Saratoga
may be
follows: $15,000 in 1950 to 1952,
Dated Feb. 1, 1949. The second East Carlisle Local School District
specified by the purchaser, with $18,000 in 1953. and
A certified check for
$22,000 in S!prings.
(P. O. 1959 Grafton Road,
the consent of the District Treas$260,
payable
to
the
District highest bidder was J. Lee Peeler
1954 to 1969.
Principal and in¬
& Co., and Vance Securities Corp.,
urer.
Elyria), Ohio
Each, bidder
must, as a terest (F-A) payable at the Farm¬ Treasurer, is required.
Bond Sale—The $145,000 school
condition precedent to the con- ers
Greensboro, jointly, for $10,000
&
Manufacturers
National
Youngstown, N. Y.
sideration of his bid, deposit with
2y4s, $45,000 2y2s, and $45,000 3s, building addition bonds offered
Bank, Poughkeepsie. Rate of in¬
Bond
Sale—The
Feb.
9—v.
$7,000 street at a price of par.
the
above
169,
p.
545—were
Clerk, a certified or terest to be in a multiple of 44
improvement
bonds
offered
on
awarded to the First Cleveland
cashier's check for $19,800.
or
1/10 of 1% and must be the
Feb.
8—v.
169,
p.
649—were
OHIO
Corp., of Cleveland, as 2V2s, at a
same for all
of the bonds.
Said
Lancaster, N. Y.
awarded to the Niagara Perma¬
price of 102.093, a basis of about
Adams County (P. O.
Bond
Sale—The $63,500 bonds bonds will be delivered at New nent
Savings & Loan Association
2.30%.
Dated March 1, 1949 and
West Union), Ohio
offered Feb. 9—v.
169, p. 649— York, N. Y,, or at such other of Niagara Falls, as l3/4s, at a price
due on Oct. 1 from 1950 to 1972
Bond Offering—H. C.
place as may be agreed with the of
were awarded to the Marine Trust
Markins, inclusive.
100.857, a basis of about 1.502%.
Second
high
bid
of
Co., of Buffalo, as 2.20s, at a price purchaser about March 10, 1949. Dated Feb. 1, 1949, and due on Clerk of the Board of County 101.77 for
2V2s was
made
by
The approving opinion of VandeCommissioners, will receive sealed
Aug. 1, from 1949 to 1955, incl.
J of 100.52, a basis of about 2.13%,
Braun, Bosworth & Co., Inc., To¬
bids until noon
water, Sykes, Heckler & Gallo¬
District

t

bonds

Treasurer's

will

be

office.

delivered

The

at

the

—

.

'

.

•

.

.

.

—

•

.

-

c

r

_

.

x

<

district Cle7k

^e"

™

hS

•

,

,

.,

•

•

'

.

-

.

'

•

1

v

•

$45,000

street

and

~

sewer

1949

bonds.

Due on Aug. 1, from
1950 to 1973, incl.
18,000 water 1949 bonds. Due on
Aug. 1, from 1950 to 1967, incl.
.

i

(EST)

follows:

as

All the bonds

'■

1949.

are

/.-V-.

dated Feb.
.

1,

Geneseo Central School District
No.

1

Bond

(P. O. Livonia), N. Y.
The $75,000 con-

Sale

—

struction bonds offered Feb. 3—v.
;

169,
B.

p.

544—were awarded to Geo.

Gibbons

&

Co.,

Inc.,




nished

to

the

will

purchaser

cost.

Enclose

ier's

check for

a

certified

be

fur¬

or

cash¬

Bond

(This offering includes the $265,bonds

originally

offered

on

of

New

can¬

celled.)

•

Pound

/

Ridge, Pound Ridge Fire
CP. O. Katonah), N. Y.
Sale—The
$55,000
fire
1949 bonds offered Feb. 9

District
Bond

house,
—v.

169,

p.

649—were awarded to

R. H. Johnson &

District

(P. O. Greenville), N. C.
Offering—W. E. Easter-

$8,300, payable to

the District.

000

School

Co., and Herbert

ling,

Secretary

Local

ment

Commission,

sealed

bids

eigh, until 11

will

Govern¬

receive

bonds.

of interest

in

Ral¬

1%

a.m.

(EST)

on

Feb.

bonds

Dated

Denomination

Feb.
1, 1949.
$1,000. Due Feb. 1,

bonds.

to

the Board of

offered
all

New

a multiple of
y4 of
These bonds are the

authorized

at

the

general

County Commis¬

sioners. "

interest

in

in

(M.-S.)

follows: $4,000 in 1950 to 1964,
and $5,000 in 1965. Principal and

payable

March

electon on Nov. 2, 1948. Enclose a
certified check for $2,500, payable

as

(F-A)

Dated

15,
1949.
Denomination $1,000.
Due
$10,000 Sept. 15, 1950 to 1974. Bid¬
ders may bid for a different rate

office

15 for the purchase of $65,000 not
to exceed 6% interest .school cou¬
pon

ment

his

at

Feb. 21

$250,000 2%%
construction and equip¬

hospital
Belvoir-Falkland

on

for the purchase of

NORTH CAROLINA

without

Jan. 5, the sale of which was

:

Livonia, Conesus, Avon, Lima and

•

of New York,

way,

(These
bids

bonds

on

were

originally

Jan. 24, at which time

were

rejected.)

ledo.

Elyria,
.1

Bond

3%

Sale

street

Ohio

Details—The $19,364

improvement

special
purchased by
the
Sinking Fund Trustees, as
previously noted in v. 169, p. 545,
were sold at a price of par.
assessment

bonds

Additional Bond

Sale

Details—

The

$9,183 water main, special as¬
sessment bonds also purchased by f
the
Sinking Fund Trustees, as
previously noted in v. 169, p. 545,
sold

at

3s, at a price of
due on Sept. 1 from
1950 to 1959 inclusive.

were

par,

and

are

54

Franklin

Bond

Sale

The

—

will

Ohio

Enclose

fire

$20,000

Cleveland

First

the

101.13,

a

Feb.

Dated

highest bidder
&

Sutherland

Co.,

will receive sealed bids until noon

Due

1969, incl.
der
for

was

<EST) on Feb. 24 for the purchase
$283,000 3% bonds, divided as

1,

Dec. 1,'from 1950 to

on

price of 101.92.

a

will

fied

Enclose

1974.

cation.

April

'

\

Enclose

certified

a

Due
1964.

check

or

C.

'

'

$150, payable to the

bond for

Board of Education.

tion

$1,000. Bidders may bid for a

different rate of interest in a mul¬

general
Nov. 2, 1948. Principal

authorized

bonds

election

on

and interest

(M-N) payable at the

Peoples State Bank Co., Archbold.

works

169,

545—were

p.

the Board of Educa¬

to

payable

$400,

for

check

tion,
Norwood,

offered on Feb. 4—v.

to

awarded

were

169, p.

bonds
546—

group

a

com¬

10.1.038,

interest

net

a

of

cost

Feb.

receive

will

until

Dated

Feb.

8

interest

National

of

Bank

transcript of proceedings
the legality
thereof
and the printed bonds will be fur¬
nished promptly.
Bond attorney's
opinion at option and expense of
A

-evidencing

the

successful

the

bonds

bidder.

These

are

eral election
close

a

Nov.

on

2, 1948. En¬

certified check for

the amount of bonds

gen¬

1%

offered,

of

pay¬

able to the District.

;

' ) '

School District

City

Ohio
Sale—The $485,000

Bond

acquisition
offered

Co., of Cleveland,
2s, at a price of 100.65,

jointly, as
basis

Dated

1.938%.

about

of

1, 1949 and due on Nov. 1
from 1950 to 1971 inclusive.. Sec¬

March

high bid of 100.55 for 2s was
made by Grant Brownell & Co.

ond

Springfield),

O.

(P.
Bond

Sale—The

struction

bonds
to

awarded

were

price of
2.34%.

J.

Cincinnati,

of

Co.,

offered

101.67,

a

con¬

Dec. 19

White

A.
as

&

2V2S, -at-a

basis of about

of

101.87,

Offering

—

-sealed

bids

until

F.

will
noon

J.

Vesek,
receive
(EST) r,on

Dated March

1, 1949.
Denomina¬
tion $1,000. Due Dec. 1, as follows:
"$12,000 in 1950, $13,000 in 1951,
$12,000
*$12,000

in
in

1952,

in

1956,

$13,000 in
1954, $13,000 in
$13,000

in

1953,
1955,
1957,

$13,000 in 1959,
$13,000 in 1961,
$12,000
1962, .$13,000 in 1963,
$12,000
1954, $13,000 in 1965,
$12,000 in 1966, $13,000 in 1967,
$12,000 in 1958, and $13,000 in
1989. Principal and interest (J-D)
payable at the legal depositary,
presently the
Central National
Bank, Cleveland. Bidders may bid
$12 000
$12,000

for

a

in
in
in.
in

1958,
1960,

different rate of interest in

a

multiple of 14 of 1%. A transcript
of

proceedings evidencing the le¬

gality

thereof

and

the printed
proinptly.

struction

to

bonds.

Dated

Feb.

15,

Denomination $1,000.

June

1957,

and

and

$18,000

Dec.

Bidders

may

Dec.

$17,000

1958

15,
bid

interest

for

in

Due

1950
and

15,
June

to
1972.
different

a

of

multiple

a

of

ceedings authorizing the issuance
said

of

bonds
the

under

Shaffer &
whose

been

taken

Peck,

of

Williams, of Cincinnati,

approving opinion will be

furnished

to

the

without

der

have

supervision

bid¬

successful

All

cost.

bids

must

tified

check

bid for,

for

of the bonds

.1%

payable to the Board of

Education.

of

Keyes, Okla.
Sale

169,

The $50,000

—

sani¬

offered Feb.

bonds

sewer

7

650—were awarded to

p.

&

Canfield, of Oklahoma
41/4S, 4.%'s and 5s. Due in

as

1966 inclusive.

Sallisaw School District,

School

Local

Ofierng

Bond

Clerk of the

—

Board

District,

'

Omer L. Dill,
of Education,

will-receive sealed bids until noon

(EST)

Feb.- 15

on

chase

for

the

pur¬

of $11,000 3% heating sys¬
bonds.
Dated

installation

tem

Denomination $500.

Feb. 15, 1949.

$500 March and Sept. 15. 1950
Bidders may bid for a
different rate of interest in a mul¬
Due

1960.

to

tiple of
These
the

for

1/4

are

Interest M-S.

of 1%-

the bonds authorized at

general

1948.

will

election

Enclose

on

Nov.

certified

a

2,

check

$200, payable to the Board of

Education.

Okla.

bids

receive 'sealed

until

2

(CST) on Feb. 15 for the
purchase
of
$20,000
building
bonds. (Due $2,000 in 1952 to 1961.

The bonds will be sold to the bid¬
der

lowest
interest and agreeing to
offering

rate

the

pay

of
par

and accrued interest. Each bidder

submit

cash

or

with

Jnis bid

a

sum

its equivalent equal to

University

Oklahoma

of

(P.

O.

Norman), Okla.




than

revenue

$1,200,000

sta¬

offered

Feb.

bonds

9—v. 160, p. 426—were
a

miller,
ceive

Village

—

Ingen & Co., Inc New York; Stern
Bros. & Co., of Kansas City: First
,

Securities Co. of Kansas, of Wichi¬

Estes, Snyder & Co., of Topeka, as ,3s, at a price of 101.15, a

basis of about 2.877%.
dated March

are

1, 1961, subject to optional re¬
demption by the State, in nu¬
in their entirety,
on
April 1, 1954, and upon any
semi-annual interest paying date
thereafter

Clerk,

until

bids

sealed
on

Feb.

$1,000.

Due

1,

as

1969,
March
ums

Sayre,

ing the validity of the bonds.
Principal and interest (A-O) pay¬
able at the State Treasurer's of¬
Enclose

fice.

certified

a

the

of

3%

the

Benford,

sealed

Feb.
$200,000

(EST)
purchase of

on

p.m.

check

value

of the

par

ma¬

depending

on

Second

Feb.

169,

4—v.

awarded

p.

First

the

to

high bid of 100.50 for 2V4s
was
made by the United States
National Bank of' Portland.
Second

Tillamook, Ore.
Not Sold —The

Bonds
not to

exceed 3V2%

$90,000

interest sew¬

disposal plant bonds offered
7—v. 169, p. 651—failed
to attract any bids.
The* bonds
were
to be dated as determined

age

Feb.

on

City Council and mature
equal annual instalments,
with the city reserving the bonds

by the
in

10

the bonds

redeem

to

terest

on

in¬

any

after

date

payment

Sold—An

(P. O. Medford), Ore.
Bond

bonds

Sale—The $685,000
offered

Feb.

school

169, p.
Harris, Hall

8—v.

651—were awarded to
&

Co.,

Staats

of
Co.,

Chicago;
of

Los

Sale

Bond

—

' v

Pa.

District,

The

im¬

$17,500

provement bonds offered Feb. 7—

169, p. 651—were awarded
the Citizens Bank & Trust Co.,

v.

Middletown,
der

second

a

of

at a price of
highest bid¬

Fauset, Steele & Co., for

was

2s, at

2s,

as

The

100.35.

to

price of 100.12.

Spring Garden Township Sch. Dist.
(P. O. 302 Elmwood Boulevard)
Pennsylvania
Bond Sale
The $120,000 im¬
—

provement bonds offered on Feb.
7—v.
to

169,

546—were

p.

Singer,

awarded

Deane

RHODE ISLAND

Cranston, R. /.

sold

to

First

the

Portland, at

a

follows:

1950 to 1953

v.

Union
Sachs
Co., Coffin & Burr, and Kean,
Corp., Goldman,

Securities
&

of

composed

syndicate

a

Taylor & Co., all of New York, as
2V2s, at a price of 102.21, a basis
of about 2.288%.
The bonds are
Feb. 1,

dated

1949 and mature on

Feb. 1 from 1950 to 1974

Second

2V2s

high

made by

was

inclusive.

101.938

of

bid

group

a

for

com¬

posed of Halsey, Stuart & Co.,
Inc., B. J. Van Ingen & Co., Hornblower
&
Weeks
and
G.
H.

Y

Walker & Co.

Y

Providence, R. I.
Debt

Details—The

had outstanding on
of

city

Dec. 31 a total

$56,435,000 bonds against which
was
$16,994,557.93 in the

there

sinking fund. Temporary debt out¬
standing amounted to $5,836,436.38.
price of par, as After allowing for the sinking
fund the cumulative debt aggre¬

1954 to

All

of

1954 to

inclusive.

said

1964

after Jan. 1,

-;

:

Due on Jan.
1964 inclusive.

50,000 4s.

1 from

are

callable

any

1954.

gated $45,276,878.4.%.
Water -debt
outstanding was- $16,000,000 • and
the water sinking fund stood at

$8,514,231.06.

in
time

Y

\

value to dealers,

shows at

Allegheny County (P. O.
Pittsburgh), Pa.
Bond Offering—James W. Knox,

Controller,

will

divided

$480,000 Park, Series 18 bonds.
420,000 Public Building, Series 18
bonds.

300,000 Road, Series 59 bonds.
480,000 Bridge, Series 36 bonds.
bonds.

a

particularly as it

glance the salient de¬
of outstanding
•

)

(State of)
'*
Offering- — Raymond H.

Rhode Island
Bond

Hawks!ey, General Treasurer, will
receive sealed bids until 12:30 p.m.
(EST)

on

Feb. 24 for the purchase

$1,200,000 state college dormi¬
tory 1947 bonds.
Dated M^'ch L
1949.
Denominations
$1,000
or
of

follows:

1,980,000 Air p or t

in¬

report

cf each issue

bonds.

receive

until 11 a.m. (EST)
8 for the purchase of

bids

March

foregoing

just issued by City Treasurer John
B, Dunn which should prove of

tails

County

The

formation is taken 'from a

bonds maturing

PENNSYLVANIA

,

$1,000,000 sew¬

bonds offered on Feb. 10—
169, p. 651—were awarded to

erage

Bank,

National

Due on Jan. 1 from

$18,000 3%s.

as

Sale—Tne

Bond

school repair bonds has been

000

of

of $68,-

issue

$7,260,000 coupon bonds,
Dist. No. 49

School

v'Y

.

.

Bonded

Joseph Sch. Dist.
Joseph), Ore.

O.

(P.

sealed

County Sch.

Hazlett,

Middletown

from date cf issue.

Bonds

Bear,

Jackson

&

Ruffin

one

Wallowa County,

composed of Shields & Co.;

Corp.

Burgwin, Churchill,
of Pittsburgh.
Enclose a certified,
cashier's or
treasurer's check for $4,000, pay¬
able to the City.
;
>
of

opinion

546—were
National

at a price
of 100.01, a basis of about 1.-99%4
Dated Feb.
1, 1949 and due on
Feb. 1 from 1950 to 1959 inclusive.
Callable on or after Feb. 1/ 1950.

the date of re¬
high bid of

Stearns & Co.; Eastman,
Dillion & Co., and First of Michi¬

will

Bank of Portland, as 2s,

100.585 for 3s was made by an ac¬
count

single rate of interest'which the
are to bear. The purchaser
receive without charge the

bonds

& Scribner, of
Pittsburgh, as l%s, at a price of
100.78, a basis of about 1.65%. The
Pendleton, Ore.
bonds are dated Jan. 1, 1949 and
Bond
Sale—The $12,000 series
mature on Jan. 1
from 1950 to
81
improvements bonds offered 1967 inclusive.

The bonds

1,1949, and

incl.,
are
optional as of
1, 1951, at varying premi¬

demption.

noon

follows:

fur¬

be

unqualified legal opin¬

Winfree, McCulloch, Shuler
of Portland,
approv¬

ion of

&

will

bidder

successful
nished the

Bonds maturing from 1955 to

incl.

19

Sept.

prior

days'

30

upon

published notice of proposed re¬
demption. Rate of interest to be
in a multiple of
of 1%.
The

March 1, from 1950 to 1969,

ture on

Robert

for the pur¬
chase of $25,000 4% water works
system improvement'bonds. Dated
March
1,
1949.
Denomination
(EST)

each as the success¬
specify. Due April

$1,000

ta and

GR&IGON

Stoolwill re¬

less

not

merical order, or

awarded to

syndicate composed of B. J. Van

gan

Offering

Denomination

ful bidder shall

on

Bond

8

T.

receive

will

general obligation, coupon bonds.
Dated March 1, 1948. Denomina¬
tion $1,000. ( Due $10,000 March 1,
1951 to 1970.
Registerable as to

Dated April

bonds.

coupon

1949.

1,

year

Sale—The

Bond

dium

Ritiman, Ohio
,

until

for

28

a.m.

p.m.

price

100.87.

Offering—S.

Clerk,

bids

bonds, payable to the Director of
Veterans' Affairs.

OKLAHOMA

Bond

10

for

William R.
Angeles^ and
approving opinion of Squire, $1,000 in 1950, $2,000 in 19!51 and Fordyce & Co., Portland, jointly,

bonds will b£ furnished

The

bids

sealed

noon

build¬ 2% of the amount bid.

basis of about 2.54%.
highest bidder was the
Cleveland Corp., Cleve¬

Ohio

.Feb. 28 for the purchase of $250,000 3%
building coupon bonds.

$12,000

receive

(EST) on March 3 for
purchase of $813,000 3% con¬

the

a

Palestine

Ohio

Bend

will

Pur-

8

The second

Maple Heights City Sch. Dist.,

Clerk-Treasurer,

fare

until

were
Sutherland &

Ryan,

.

Co., of Toledo, as 2%s, at a

First

'

to

awarded

Feb.

offered

bonds

ing

land, for 23/4s, at a price of
•»

cation,

in

Sale—The $165,000

Bond

Ohio

$200,000

City

a

dom, Clerk of the Board of Edu¬

shall

Ohio

Connellsville, Pa.
Bond

principal
only. Each bid shall
specify in a multiple of Vs of 1%

land

Chicago, and Iiay-

of

Co.,

the

to

County.

stroom, Director of Veterans' Af¬

Offering—David L.

1952 to

Miller &

den,

treasurer's check

payable

$146,000,

til

.

Trust

group

Oregon (State of)
Offering—W. F. Gaaren-

Bend

Ohio

City School District,

Bond

equipment bonds

and

bank cashier's or
for

(PST) on Feb. 28, for
the purchase of $3,000,000 not tp
exceed 2% interest veterans' wel¬

City,

Olmsted Falls Local Sch. Dist.,

•

1 from 1950 to

Feb. 7—v. 169, p.,i)46-r- A.Bond Offering—W.
O.; Walton,
to
the Northern Clerk of. f he Board of'Education,

on

p.

2, from 1952 to 1961, incl.

awarded

were

with

fairs, will receive sealed bids un¬
Xenia

Calvert

Dayton),

Mad River Local School District

•

and Oct.

April

on

tary

-4/Y

'

(P. O. 1210 Far Hills Ave.,

a

authorized at the

1975 in¬

169,

a

a

Dated

1974, inclusive.

—v.

Oakwood

Bid-"

Hudson.

'

1, 1949.

may

1%.

of Cincinnati, as 2J/2s, at a
price of 100.39, a basis of about
2.46%. Dated April .1, 1949. Due

All of the bonds are dated Feb.

the

bid for a different rate
of interest in a multiple of V4 of
ders

to

on

to

basis of about 1.96%.
April 2, 1949. Due on Jan.

100.24,

&

Co.,

75,000 fire apparatus bonds as
IV2S.
Due on Feb. 1 from
1951 to 1960 inclusive.

the

presently

depository,

legal

White

A.

clusive.

1,

at

payable

(M-N)

Due

2s.

as

from 1951

1

Feb.

Due

$6,000 May and Nov.
1989.
Principal and

to

1965

1,

bonds

ment

$5,000 May and $6,000 Nov. 1,1950
to' 1964, and

J.

to

be accompanied by a bond or cer¬

elusive.

-

March 2 for the
$225,000 2 V2 % con¬

Denomination $1,000.

1949.

1960 in-

250,000 series A sewer improve¬

on

bonds.

struction

bids

sealed

(EST)
purchase of

to

1951

from

1

8—v.

awarded

Chicago; William R. Staats Co., of
Los Angeles, and Fordyce & Co.,
of Portland, as 2s, at a price of

V4 of 1%. Interest J-D. The pro¬

Ohio
Bond Offering -— P. J. Foltz,
Clerk of the Board of Education,
p.m.

awarded

^ere

rate

Hudson Local Sch. Dist.,

1

build¬

$37,600

posed

Sutherland

Ryan,

Ohio

ing bonds Feb. 7—v. 169, p. 650—

$18,000

Ohio

Sale—The $575,000

Bond

Feb.

offered

bonds

be

opinion of Burgwin, Churchill, Ruff in & Hazlett,
of Pittsburgh. Enclose a certified,

composed of Harris, Hall & Co., of

1949.

& about 1.704% as follows:
Co., of Toledo. Dated Oct. 1, 1948. $250,000 series A street improve¬
Due Oct. 1, from 1950 to 1969, incl.
ment bonds as iy2s.
Due on
to

awarded

or certi¬
payable to

Inc.,

Rapids, Ohio

9—v.

Feb.

Nov. 2, 1948. En¬

on

certified

a

of Halsey, Stuart & Co.,
Paine, Webber, Jackson &
Sale—The $24,903.76 water Curtis, and Mullaney, Wells & Co.,
of
assessment bonds offered all
Chicago, at a price
of

Grand
Bond

close

the

at

authorized at the gen¬

were

These are the

lk of 1%.

tiple of

bonds

These

Interest A-O.

1%.

of

1/4

may

eral election

April 1, 1949. Denomina¬

Dated

Oct. 1, 1950 to 1969.
bid for a diferent
of interest in a multiple of

(P. O. Albany), Ore.
Bond Sale—The $650,000 school

will

bidder

successful

The

County Sch. Dist. No. 5

Linn

of the

651—were

Sale—The

for

which all of the bonds offered

for

price of par.

a

success¬

bond

a

$250,

jointly,

furnished

and

Bidders
rate

for

Each bid shall
The second 1, 1950 to 1979.
specify a single rate of interest
& Co.,

1, 1949.

Portland,

at

Village.

Bond

purchase of $40,000 4% improve¬
fied check or bond for $2,680, ment bonds/ Dated April 1, 1949.
payable to the Board of Edu¬ Denomination $1,000. Due $1,000

15,000 Improvement bonds.
$1,000 Nov. 1, 1950 to

Enclose

check

the

expense

Vercna Local School District,

certi¬

a

to

the

at

1, 1949. Denomi¬
$242,000 March

sale are to bear, expressed in a
$44,000
2V2s, $158,000 2%s, and $87,000 3s, multiple of % of 1%.

.1

1), Ohio

Oifering—E.

of

March

Dated

nation $1,000. Due

United States National Bank,

and

of

by

Dempsey,

furnished

be

Village.

Burnett,
$268,000 Construction bonds. Due Clerk of the Board of Education,
Nov. 1, as follows: $11,000 in will
receive
sealed
bids
until
1950 to 1967, and $10,000 in noon
(EST) on Feb. 14 for the
to

supervised

&

bidder

ful

West Manchester,

R. F. D. No.

Bond

1968

be

Dated Jan.

bonds.

33-D

highest bidder was Blyth

Squire,
Cleve¬
land, and their approving opinion

the

Township Local Sch. Dist.

(P. O.

of

a

The second highest bid¬
Doll & Isphording, Inc.,

2!4s, at

Monroe

follows:

of

The

Sanders

1949.

of Education,

the Board

of

9—v.

Co., 'of Cincinnati, as 214s, at
price of 102.03. Dated March

Twp Local Sch. Dist.

M-S.

improvement bonds
ence
169, p. 546— will
awarded to J. A. White &

were

(P. O. Archbold), Ohio
Bond Offering- — Owen Rice,
Clerk

con¬

Series

Peoples Bridge,

2,100,000

I960, incl.

387,000 2%s. Due on July 1, from
1961 to 1970, incl.

a

V4 of 1%.
Interest
proceedings in refer¬
to the issuance of the bonds

multiple

$135,000

in

interest

of

rate

Series

Road

55-D bonds.

Due on Jan. 1, from

$298,000 2s.
1951 to

1,500,000 Peoples

basis of

price of 100.18, a
2.28%, as follows:

a

about

Bidders may bid for a

1964.

different

and

Feb.

offered

price of 100.68.
German

Sale—The

struction

at a

2V4,

Village

School District, Ohio
Bond

Ryan,

was

for

Treasurer.

Exempted

at

1959, $2,000 in 1960 and 1961, $1,000 in
1962, and $2,000 in 1963
and

1 from 1950 to 1959 inclusive. The
second

in

000

bid/payable to the

Mariemont

Due on Dec.

1, 1949."

a

bonds

District

of

Corp.,

as 21/4, at a price of
basis of about 2.05%.

Cleveland,

the

of

apparatus bonds offered Feb. 5—
v. 169,, p; 425—were awarded to

1954 and

furnished

be

Monday, February 14, 1949

CHRONICLE

FINANCIAL

&

$1,000 in 1953, $2,000 in
1955, $1,000 in 1956, $2,1957 and
1958, $1,000 in

$1952.

of Cleveland,
.without cost.
certified check for 1%

Sanders & Dempsey

Township (P. O.

Clinton),
.

COMMERCIAL

THE

(750)

10

Series
^

Yj

_

multiples
thereof.
Due
.*80,00(1
March 1, 1950 to 1964. • All bids
will

be

Feb.

25,

considered

1949.

firm

through

Principal and in¬

terest payable at the

office of the

Volume

General

Bidders

Treasurer.

required

to

are

single

a

name

rate

of interest which all the bonds

are

to

bear, expressed in a multiple
of % of 1%, and must state the
price offered.
The

will

State

furnish

to

stitute valid general obligations of
the State, for the due payment, of

which, both principal and interest,
faith

full

State
be

delivered
March

certified
able

the

1949.
Enclose a
for $24,000, pay¬

1,

General

(F-A)

at

payable

opinion

proving

Barker,

man,

any

of

Dorsey, Col& Barber, of

Scott

bonds

Sale—The
offered

546—were

Feb.

169,

$30,000

as

42,000

as

3s.

Dated June

bonds

enue

callable

be

Timber

sold

been

has

to

Frost, Read & Simons of Charles¬
Dated Jan. 1, 1949.
Interest
J-J.
Denomination $1,000.
Due
Jan. 1, as follows; $2,000 in 1950,
$3,000 in 1951, $4,000 in 1952, $5,000 in 1953, $7,000 in 1954, $9,000
in 1955, and $10,000 in
1956 to

Due from

five

after

years

electric

3%

sold

been

1967.

All of

1952

said bonds maturing

to

1967, are subject to re¬
demption on Jan. 1, 1951. Princi¬
pal and interest payable at the
South
Carolina
National
Bank,
Charleston.
In
the
opinion
of
counsel, the proceedings taken in
connection

lawful

with

and

this

interest

bonds

are

pay¬

able

solely from and secured by
pledge of the revenues derived
from the operation of the Munici¬
pal Stadium of the City. Legality
approved by Sinkler & Gibbs, of
a

Charleston.

Blount

No.

J

Bond Sale

—Tl?e $103,000 2V2%

unlimited tax school bonds offered
Feb.

on

8

awarded
of

—

to

169,

v.

R.

Charlotte, at

p.

426

were

—

Dickson

S.

&

Co.,

price of 101.015,

a

basis of about 2.408%. The bonds

a

dated June 1, 1948 and mature

are
on

June

Second

made

1

from

high

1961

bid

by F. W.

of

1963

incl.

101.0107

was

to

Bond

erts,

Certificate

state

certificates

of

debtedness offered Feb. 8—v.

in¬
169,

000

not

D.

will

to

to

exceed

(CST)

on

interest

4%

follows:

as

:,v;vfv'::.v

Dated Feb.

$1,000.
payable at

The
the

bonds

Bank

will

be

of

Mary¬
ville
orBlount
National
Bank,
Maryville, and will be sold at not
less than par and accrued interest.

All

interest

multiple of

a

than

more

be
one

bid

rates

%' of

three

rate

1%

with

for

and

to 1963 inclusive.

The bonds

ject

not

are

Chapman

&

borne by the
be

must

to the

S.

to be issued sub¬

opinion

of

conditioned. The pur¬

so

Bond Offering — Ralph Pier,
City ^Auditor, will receive sealed
bids untl 8 p.m. (CST) on Feb.
21 for the purchase of $25,000 not
to exceed 214%

provement
were

31

at

interest street im¬

bonds.

previously
which

(These

offered

time

all

bonds

on

bids

Jan.

required to furnish

Nashville,
Offering

sealed

Bonds

Feb.

as

follows: $2,000 in 1950 to

and
on

1,

1957.

$3,000 in 1958 to 1960, optional
Aug. 1, 1955.
Principal and




1, 1949. Due

bids until
1

B

will

7:30

for

the

$5 000,000 electric

Due

L.

receive

p.m

(CST)

purchase

of

bonds.

Dated
Denomination $1,-

March

of

bonds in

Bond

shall

than

for

not

any

rate

or

borne

by

a

be

multiple of xk

a

be split

may

more

to

be

one

and interest

as

so

two

to

of

Feb.

about

than

there

3.14%,

1,

maturity.
Principal
payable at the Guar¬

1959, for the bonds ma¬
in 1959.
The legality of

bonds

will

be

approved

by
Trimble
&
Mitchell, of New York City, whose
legal opinion will state in effect
that said
in

Marshall,

bonds have

accordance

with

the

a

to the

works

were

posed

on

of

bonds, payable

Tenn.

Feb. 9—v.

awarded

to

1950

to

a

com¬

by J. C. Bradford & Co.,
Nasville, C. H. Little & Co., Jack¬

Dist.,

L.

—

the

of

J.

Board

on

Feb.

inclu¬

1979

Dated

Feb.

1949.

15,

tion $1,000.

highest bidder was Underwood &
Neuhaus, on a bid reflecting a net

15, as fol¬
and 1950,

$20,000 in 1949
$25,000 in 1951, $30,000 in 1952,
$25,000 in 1953, $30,000 in 1954 to

the

at

named

place

Vs of 1%.

District will fur¬

The

of

$550,-

bonds has been sold to

Rauscher, Pierce & Co., of Dallas,

3y4s, 3Y2s and 3%s.

and

water

'

of

sewer

$125,-

revenue

bonds has been sold to Dittmar &

Co., of Dallas.

deliver the bonds
designated by the
to

cost

These bonds

were
on

check

for

$11,000,

Bond

Sale

school bonds offered

Sale—The $36,000

Bond

bonds

offered

awarded to the State

price of

a

1949.

169, p. 427—were
syndicate headed

v.
a

Lehman

&

Bros,

and

Texas

bonus

awarded

to

jointly by
Halsey, Stuart

2.6318%,

as

follows:

$1,919,000 3s. Due Jan. 10,
lows:

$384,000

from

1958 inclusive and

as

fol¬

1955

to

$383,000 in

1959.

383,000 *23/4s. Due Jan. 10, 1960.
4,979,000 2,/2s.
Due $383,000 on
Jan.

10 from

thorized

1961 to

Jan.

of

1974 to

March

10,

bonds

Co.

Inc..,

in

dated

Associated with

1949.

Lehman Bros, and

&

are

the

Halsey, Stuart
underwriting

the following:
Phelps, .Fenn & Co., Inc., Blair
& Co., Chemical Bank & Trust
are

Co.,

Son,

Trust

Co.,

Charles

First of Texas

B.

furnished to

Dallas Rupe &
White & Co.,

Corp., Fort Worth

at

The

Bank,

of

bid.

V4

the

the

oi

success¬

of

expense

purchaser

shall

the
fur¬

nish the printed bonds at his

own

expense. Enclose a certified check:

for

$5,000,

payable

to

the

City

Treasurer.

Neenah,
Bond

bonds

iy4s, at

a

1949.
to

Feb.

7—v.

awarded

to

169,

1.23%.

Due

1961

Dated

Feb.

on

1

inclusive.

Feb.

from

The

bidder

Baird &

Co., for iy4%, at

VI."

Robert

was

1,

1959

second

highest
of

p.
Mil¬

the

Co.,
of Milwaukee,
0.3
price of 100.13, a basis

about

of

Wis.

Sale—The $100,000 school

offered

price

a

100.13.

Racine,
Bond

$250,000 tem¬
fund bonds offered Feb. 3

169,

427—were awarded to*

p.

First

National

DAs, at

basis

of

Sept.

1,

from

second

Bank, of Chi¬
price of 100.16,

a

about

1951

W.

Wis.

Sale—The

1948.

1.32%.

Due

to

1960

price of

&

Dated

March

on

inclusive.

highest bidder

Baird

Co.,

Robert

was

for

1

The

D/4S,

at

a

100.15.

Bond

voters

au¬

at

an

1948, was
ruled
Unconstitutional
by
the
State Supreme Court in a decision
handed down

were

the
A

the

over

constitutional

further

bonds

to

were

on

20

to

understood that
made

to

an

bonds
547—>

p.

main

construction

improvement bonds. Due
July 1 from 1950 to 1966

inclusive.

inclusive.

was

of 30 years, while
constitution limits tenure of
bonds

169,

12,000 airport hangar bonds. Due
on
July 1 from 1950 to 1961
Dated

mature

period

a

water

and

debt

objection

$62,000

4—v.

awarded to the Channer Se¬

$50,000

State and, accordingly, would

exceed

Feb.

curities Co., of Chicago, on a bid
reflecting a net interest cost oi*
about 1.48%, as follows:

Feb. 5. The court

on

Sale—The

offered

held that the bonds, as authorized,
would be general obligations of

It

is

effort will

be

years.

Jan.

highest

1, 1949. The second

bidder

Central

the

was

Republic Co., of Chicago,
reflecting a net interest

on

bid

a

cost

oi

about 1.49%.

legalize the proposal by
of specific legislation,
through the medium

WYOMING

^

enactment

rather

of

constitutional

Campbell

County High
School District (P. O.

than

a

and that the

for

new

amendment

Gillette),

bill will provide

payment of the bonds exclu¬

County,

Bond

Offering

Wyo.

E. R. Pines^
Secretary of the Board of Trus¬
—

sively from a tobacco tax. This
latter provision will thus estab¬

tees, will receive sealed bids

lish the bonds

til 10 a.m.

eral

as

other than gen¬

obligations of the State.

exceed

Bond

cational

school

652—were

on

offered

vo¬

at

Feb. 10—v. 169,

sold

March

1,

1951 and

in

of

the

&

Webster

Securities

Corp., New York, Har¬
Hall & Co., Chicago, East¬
man, Dillion &
Co., New York,

ris,

Mercantile-Commerce

Bank

&

Trust

Co., St. Louis, and Martin,
& Corbett, of Chicago, as
l3/4s, at a price of 102.462, a basis

Burns

of

about

dated
on

1.56%.

March

March

1,

The

1949

1 from

1950

bonds
to

1969 in¬

clusive.

Second high bid of 102.41

for

was

l3/4s

posed

of

made

First

a

group

National

com¬

Bank

of

Harris Trust & Savings
Bank, and the Northern Trust Co.
Chicago,

Monroe,
Bond

City

Wis.

Offering—G.

Clerk,

will

S. Soseman,
receive sealed

ia

option

March

1,

be

of

redeemable

the

District

and

1953,

payment
bonds

Bonds maturing

1957.

shall

1957,

on

dates

ai
oa

intent

thereafter,

and

maturing in 1955 and

1956

shall be redeemable at the optica

of the
and

District

on

on

interest

are

and mature

Due

$24,000

1954, $28,000 in 1955 and 1956, and

Inc., of New York, Milwaukee Co.,
Stone

school

March 1,

1952, $26,000 in 1953 and

$29,000 in

Milwaukee,

follows:

as

to a syndicate
composed of Phelps, Fenn & Co.,
p.

high

Dated

Denomination $1,000.

1949.

$1,000,000

bonds

interest

3%

building bonds.

Wis.

Sale—The

un¬

(MST) on March 1 for
purchase of $185,000 not to

the

WISCONSIN

on

1978 in¬

multiple

incl.

proposal

the

public auction

the

Due on

November,

Madison,

Due $383,000

10 from

1,

1973 in¬

clusive.
All

issue

by
in

clusive..

1,915,000 2%s.

Jan.

$100,000,000 veterans'

bond

election

State

11—

of New York, at
100.043, a net interest

price of

City.

a

1.70s,

as

Dated

par.

a

rates

Watertown, Wis.

Feb.

Co. Inc., both

cost of about

be

bidder

cago, as

^

general
Feb. 7

Denomination $500.

Jan. 1, from 1950 to 1952,

the

on

will

ful

—v.

County (P. O.
Pomeroy), Wash, s

$9,196,000

The

—

in

a,t the

or

Savings

interest

bonds will be the direct
general
obligations of the City, and are
being issued subject to the fa¬
vorable
opinion of Chapman &
Cutler, of Chicago, which opinion

pay¬

WASHINGTON

that

Indep. Sch. Dist.,

be

porary

obligation

Monroe,

&

1%, the same rate of interest to
apply to the entire issue.
The

able to the District.

limit.

lr,Tl'

Houston

them.

anticipated that delivery can
be effected in approximately 60
days.
Enclose
a.
certified
or
cashier's

of

All

547—were

the

authorized at the election held

Jan. 8.

(F-A)

Commercial

waukee

bonds, a copy of
proceedings,
the
approving
opinion of any recognized market
attorney selected by the purchas¬

tional—The

Sold-^-An issue

interest payment date
Principal and interest
payable at the First Na¬

any

tional Bank

Washington (State of)

Electra, Tex.

as

on

thereafter.

the

without

sewer

by

Bonus Bonds Ruled Unconstitu¬

issue

or

Any rate or rates
in a multiple of

be

must

designated

interest;

turing in 1965 to 1969, being sub¬
ject to redemption at par at the
option of the City on Feb. 1, 1964,

nish the printed

interest cost of about 3.17%.

000 water

Trus¬

Denomina¬

Due Dec.

lows:

at

1949. The second

Sold—An

Crane,

of

were

sive.

Bonds

Tex.

purchase of $550,000 not to exceed
3% interest school house bonds.

Feb.

Union

Constitu¬

Sale—The $485,000 water
improvement bonds of 1949

offered

on

bonds. Due

sewer

from

15

Sch.

Offering

President

2^2%

bonds.
Dated Feb. 1, 1949.
Denomination $1,000, Due $10,000
Feb. 1, 1950 to 1969.
Bonds ma¬

the

group

the

issued

City Treasurer.
Paris,

Ind.

tees, will receive sealed bids until
8 p.m. (CST) on Feb. 23 for the

15 from 1950 to 1979 inclusive.

115,000

exceed

coupon

Garfield

169, p. 652—

been

certified check for 2%

amount of the

Bond

follows:

Stone & Webster Securities
Corp., Estabrook & Co., Eastman,
Dillon & Co., B. J. Van Ingen &
Co., Inc., Stranahan, Harris & Co.,
Inc., Hornblower & Weeks, First
of
Michigan
Corp.,
Laurence
Marks & Co., Detmer & Co., G. C.
Haas & Co., Otis & Co., Rauscher,
Pierce & Co., Paul H. Davis & Co.,
Adams,
McEntee
&
Co.,
Inc.,
Byrne and Phelps, Inc., National
City Bank of Cleveland, Dallas

tion and statutes of the State. En¬
close

as

$100,000 street bonds. Due

rate

one

anty Trust Co., New York City, or
at the City Treasurer's office, at
the option of the holder.
Interest
payment dates will be March and
September 1 of each year, and on
June

1—v.

to

Monroe.

It is

$215,000 bonds
169, p. 547—
were
awarded
to
McClung
&
Knickerbocker, of Houston, on a
bid reflecting a net interest cost

or

not

name

rates, L>ut

more

Neches

purchasers

Texas

Sale—The

offered

The named rate may
for all of the bonds,

uniform

or

name

interest

Port

55

bids until 2 p.m.
(CST) on March
1 for the purchase of
$200,000 not

must

ers, and
will
to
the bank

Angleton,

a

shall

1/10 of 1%.
be

,

1, 1959.

Bidders

the

Jan. 1 from 1951

on

power revenue,

coupon

March 1, 1949.

rates

1.86%. Dated Jan.

1961 inclusive.

to

000

Thomas

Bond
dated

1949.
Denomination $1,000. Due Aug. .1,
are

of about

Frioha, Tex.

Tenn.
—

Mayor,

March

were

rejected.)

as

County Trustee.

Caldwell,

Dak.

ton,

p.

—

Scodder, of new Middle2s, at a price of 100.93, a

Bonds

on

O.

The $60,000 road
bonds offered Jan. 31
252—were awarded to

Dated Feb. 15,

the printed bonds. Enclose a cer¬
tified check for $10,000, payable

the

Avon,

Banks

County, and all bids

chaser will be

May, 1948.

the purchaser.

169,

—v.

election

the

at

1962, and $40,000 in 1963 to 1966.
Principal and interest (J-D) pay¬

ma¬

Cutler, of Chicago,
such" opinion to be

of

cost

in

Sale

Bond

more

single

any

the favorable

to

the

(P.

County

authorized

were

able

and bridge

turity. Interest F-A,

turing

SOUTH DAKOTA

at

Co.

Smith

not

June

1961

date

2V2s, or a net interest cost of
about 2.98%, was made by a group
composed of Equitable Securities

interest

of

rates

specified

be in

must

Inc., both of New York, Peoples

1 from

subsequent in¬

or on any

has been sold to Rauscher, Pierce
&
Co., of Dallas.
These bonds

Jan.

on

.

15, 1949. Denomina¬

tion

National Bank, of Charlottesville,

Co., of Chicago, Minsch, Monell
Co., of New York, Field, Rich¬
& Co., Cleveland, Mullariey,
Wells & Co., of Chicago; Thomas
& Co., of Pittsburgh, Miller, Kenlower &
Co., of Detroit, William
R. Compton Co., of New York,
and Frost,
Read & Simons, of
^Charleston, as 1.90s, at a price of
100.30,, a basis of about 1,86%.
,;Dated June 1, 1948.
Due on June

order

TEXAS

:

Highway
bonds.
Due
$10,000 Feb. 15, 1950 to 1969.

Co., of Chester, Bacon, Stevenson
&
Co., Geo. B. Gibbons & Co.,

&

callable in

are

street

or

000

basis

1, as follows:
$555,000 in 1952, $575,000 in 1953,
$595,000 in 1954, $615,000 in 1955.
$635,000 in 1956, $655,000 in 1957,
$675,000 in 1958, and $695,000 on

ards

on

of

$950,works, sewer system
improvement
bonds

water

held

1955, and $10,000 in 1956 to

1965.

000.

&

1, 1955,

payment

200,000

&

Peoples National Bank, of Rock
Hill,
First
National
Bank,
of
Memphis, Clement A. Evans & Co.,
of Atlanta, Kebbon. McCormick,

dated Jan.

are

varying
premiums depending on the date
of redemption.
Second high bid
of 100.01 for $455,000 3s and $30,-

Rob¬

receive

$130,000 Hospital bonds. Due Feb.
15, as follows: $5,000 in 1950

series

Co., Blair & Co., Inc., B. J. Van
Ingen & Co., of New York, Otis
& Co., of Cleveland, Hamilton &

Judge,

bonds, divided

426—were awarded to a syn¬
dicate composed of Halsey, Stuart
p.

inclusive.

Sold—An issue

Carthage), Tenn.

Feb. 25 for the purchase of $330,-

Cummings,

Sale—The $5,000,000

highway

1977

Jan. 1 from

on

000
and

Juran & Moody, Temple
Securities
Corp., and Hermitage

Offering—Geo.

County

Bond

<"

individuals, at

par.

sealed bids until 2 p.m.

Richmond.

(State of)

has

1, 1954,
terest

Tennessee

Craigie & Co., of

South Carolina

Due

to

Jan. 1 from

on

inclusive.

numerical

inverse

&

Kermit, Texas
Bonds

1949 and those maturing

County (P. O. Maryville),

than

County School District
(P.O. Columbia), S. C.

Due
1964

310,000 3s.

Securities

may

Richland

local

$20,000

bonds

TENNESSEE

proper

these

on

1960 to

1965

Ginther

& Co.,
Co., Barrow,
Leary & Co., Moroney, Beissner
&
Co., .Thomas
&
Co., R.
C.
Schmertz & Co., Paul Frederick &
Co., and Rotan, Mosle & Moreland.

Jan. 1 from

on

Corp.,

show

issue

authority for
the issuance.of these bonds b.y the
City Council and the bonds con¬
stitute valid and legal obligations
of the City.
The principal and

Dak.

revenue

to

price of

a

S.

Lake,

Sold—An issue of

ton.

in

Due

85,000 23/4s.

1,

15, 1949.

from

1

Bank,

McDonald-Moore

1955 to 1959 inclusive.

after Jan.

1951 to 1969, incl. All of said bonds

Jan.

on

National

(751)

1954 inclusive.

60,000 2V2S.

&

2i/2s.

Bond

issue of $150,municipal stadium rev¬

Due

1950 to

All of the bonds

Charleston, S, C.
Sale—An

3s.

Co., of Sioux Falls, and the McCook County National Bank, of
Salem, jointly, as follows:

SOUTH CAROLINA

Bond

follows:

as

p.

Gefke

to

date.

000 3V2%

2.938%

sewer

4—v.

awarded

CHRONICLE

M. Dain & Co., Minne¬
and Herman Bensdorf &
Co., of Memphis, at a price of
100.005, a net interest cost of about

.

$72,000

FINANCIAL

apolis,

Salem, S. Dak.
Bond

&

J.

son,

$30,000

Minnepalois, will be furnished.

will

Treasurer.

COMMERCIAL

suitable banking institution desig¬
nated by the purchaser. The ap¬

possible

soon .as

as

check
the

to

of

pledged. The bonds will

are

after

credit

and

interest

the

purchaser the legal opinion of
Sullivan, Donovan & Hennehan,
of New York, that the bonds con¬

the

THE

Number 4777

169

thereafter.

(M-S).

'The

1954,
dabs

District

the successful bidder

will furnish

with the

March 1,

payment

executed

bonds and

the

approving legal opinion of Myles
P.

Tallmadge,

are

the

bonds

election held
a

of

on

These-

Denver.

authorized
Jan. 10.

Enclose

certified check for $9,250,

able

to the

the

at

pay-q

District Treasurer.

"Oil

"1TCm

VTUi;




Zz

Monday, February 14, 1949

XJHKUXTOJOJ

TTi\ H1N"C1H"JLI

■M[
U

r

#:

;W'

BUT THIS IS EASy

THIS IS HARO

believe in saving.

iOure, you

But it's
out

it

make yourself take cash

to

pocket, and time

out

of

your

day,

get

U. S.

sure

the

way,

started

on

easy way to

an

do

If you're

on a

do

your

saving is

automatic savings plan with

Savings Bonds. Like this
1.

...

payroll, sign up in the Payroll

Savings Plan, then forget it. From then
money

saves

much per

itself—sq much

per

payroll, sign

on a

bank for the Bond-A-Month Plan.
You

just

ten years
starts

Every #3
make

you

or

so

up at your

Equally

decide how much you want to

bonds every

money

the

on

week,

month.

If you're not

2.

In

to

regularly.
The

to

mighty hard

of your

month,

after

into

bank does the

your

rest.

buying bonds,

your

you start

coming back

to

easy.

put

you—well-fattened!

invest today brings

you

possible all the wonderful things

back #4

you

to

dream of

doing.

AND THIS IS

And

remember—any time

emergencies,

MIGHTY WONDERFUL

Automatic saving is sure

you can get

you

need

your money

for

it back in minutes, without

losing interest.'

saving- U.S. Savings Bonds

Contributed, by this magazine in co-operation with the

Magazine Publishers of America

as a

public service.

—