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,tD
-
2
MONDAY
BUS. ADM.
UBftARY
Reg. tT. S. Pat. Office
Volume
RAILROAD
■
have declared
The directors
payable
stock,
common
Initial tListribution of
dividend of 20 cents per share on the.?
a
Feb.
16
holders
to
■
like amount
of
made on
was
-
INSURANCE
MISCELLANEOUS
-
Aidco Athletic Apparel Corp.—rTransfer Agent—
had an underwriting loss of $1,106,168.
,
adjustment for Federal uaxes,
theie results, an operating
Manufacturers Trust Co. has been appointed transfer agent-for th*
Dividends to. stockholders absorbed $500,OlO. The
preferred stock (par 100).
;
>.
•
.final result is a drop in surplus of $86,373 for the year.
The surplus
now stands at $8,829,684.
'
t
'
:
"i
American International Corp.—Annual Report—
The contingency reserve of the company on Dec. 31,
1947, is down «.
'1947
1946
Years Ended Dec. 31—., r
' %"• %
$550,000 and now stands at $2,850,0(0.
''■••■..■*■
i
$876,122
$712,280 "
The assets ,bf the company are $53,238,585, an increase of $6,107,014 .
Dividend income
;After
Feb. 5.
An
Nov. 15, last.—V. 166,
'
of $413,627.
profit
record
.
'
2205.
p.
INDUSTRIAL
-
Copy
a
1.. The company
Vending Corp.—Dividend No. 2—
ABC
-
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, February 2, 1948
New
167 Number 4669
,
-
•
Adams
Report—^;: :
Express Co.—rAnnual
Years Ended Dec 31—
•
■:'/'■ •.'
::
<•
>*<;[ [■' 'v^V 1947
/:%;1946 /'
•
$1,697,079
,>105,860-
^1,637,592
^4.082
income
Dividend
——
-•1,483
-9,000
-
-
,—
'
$902,803
4'$760,786
86,988 f
■
12,305
•
-
25,196
39,506
year.-rjV'. •'v. -y• ./ "V." i, Interest
income•<
THE .STANDARD FIRE INSURANCE CO..
•:*£
■ Other
The premium' inebme of The Standard'Fire Insurance Co. was $4,'Interest
income ;
income____'____L_____________:4ii-;/"
>932,840,vUp $6lOj702 for
the -year,.^Unearned premiums increased Jj :} Total
Compensation <fe int. from Adamex Sec. Corp.X;
3,?75
'"^ 6,757/
Salaries
,-•$848,170.
*:/
*"
Contributions to employes' retirement plan*___
4' "Net investment- income Was .$245,991'. but there-was an underwriting
$1,809,697'
$1,714,950
TotaLincome...—__L—
Directors' fees
^
loss of $108,188.
The'company • received; $55,000 as its participation
'.128,678 •y
112,4518
Salaries
Legal. fees
,
:
4 in War
r 13,938
Damage Corporation profits." After adjustment for Federal
Contribution to employes' retirement plan—
V-V,. 13.707
Fees
and
exp.
of
registrar,
transfer
agent
11,250
;;
11,300
taxes, earnings for the year were $179,224.
This amount was added ;<)
Board of managers' fees—X—.--I———X~
and
custodian
to surplus, which is now $2,570,602.:" 11,000
'
1
'•
1
•fvl- 10.750
General legal fees __________J—
Other
expenses.
The contingency reserve of the company on Dec. 31, 1947, -is down '
-.30,374
24,231
Exp. of corp. trustees and fiscal agents.,
-r
-Tor the
76,168
9,016
-
-
V
7.800
8,206
•
>
-
j—
...
-
v
5,000
5,000
8,154
,
8,419
;
/
V
w
29,007
'
—
30,550
..
Other
expenses—*
Taxes—othe-r
Interest
taxes.—.
lean—
bank
on
19,304
'■•j
X' 5,558
'? 65-,000
————-
166,
income
Net
of
Approp.
i—
56,306
:
for contingency
income
38,000
incomfc
of
Balance
/
gain
loss
or
investments.-.
on
-
14,150
15,721
tax-i^.—
28,000
taxes_;____^.„__-___i.
loan_
for Federal
.
income
12,956
,
123,312
•
$553,662
Chairman
remains
Mt.
;
committee.v William
of
the
Chairman
of
C.
28,000
will
his
capacity
new
'
dec. ji
$601,180
liabilities
and
.
1947
1946
$1,074,145
C. E.
U. s. Government
V
Chairman of the finance comresponsible to the board and executive committee for
policies and procedures.—V. 166, p. 2553.
Keeley, in
assets
of
of
as
•
.
assets—
has
formerly Vice-President,
Keeley,
newly created finance committe.
the board of directors.
statement
comparative
formerly Vice-President, has been elected President,
MunsOn, who has been elected Chairman of the
Hill,
elected
Adams
$1,195,766
>
A'.
executive
been
LIABILITIES
AND
ASSETS
OF
STATEMENT
bank
on
Provision
v',;"
-V,;. :1
v
i.__
income
"
Interest
Air Reduction Co., Inc.—Changes in Personnel—
«
mittee,
COMPARATIVE
,.
than
Taxes—other
V
-
succeeding Charles S.
,
$1,259,746
—_L———
excludes
NOTE—Above
50,000
reserve—__
'
2553.
--
$10,648,144, an increase of $1,246,779.
are
Net., income
$1,195,766
$1,309,746
:
.
the company
104,680
John
V.
p.
stands at $500,000.
now
The assets of
—V.
170,654
■■■■f~7~5~712
for Federal income tax.....——-
Provision
$100,COO and
45,877
25,613
ten-year VA'/e debentures
collateral trust 4% bonds—
on
Interest on
Interest
income
than
44,654
—-v---
—
—
as
receivables
Current
Invest,
...
be
obligations at current value_i
•
(other than
U.
s.
at
oblig.)
Gov,
$2,008,976
3,501,772
120,758
3,999,445
72,628
cur¬
all
fiscal
13,607,055
17,093,493
$18,753,272
•/'"
$22,725,000
value
rent
•
S.
31
;
y
„
X—
1947
$2,796,045
—.—6,902,302
3,937,198
—
80,555
76,869
32.935,687
37,088,327
'
.
obligations
Gov.
receivables
Current
I
-
at value.
(other than U. S. Gov. oblig.)
Invest,
1
Total
$42,714,588 $44,860,400
*'
~
LIABILITIES—
Current
and accruals..——!
—'X-"
contingencies..—.—'a-.-—s,—-—
payables
for
Reserve
,
•
1947—
Collateral trust 4% bonds, due March 1,1948—
2'/a% bank loan—"
—
'
—.
I>»et assets appli. to 1,477,187 outstand. cap, shs.
Collateral
4%/bonds,
trust
Allegheny Ludlum Steel Co.—Capitalization Increased
- 1946
$3,758,006
at value
ASSETS—
Cash
U.
DEC.
OF
AS
June
due
1,
The stockholders on Jan.
of
■-1«
1,375,500
-X.
v
59,359
1,241^500
1,375,500
1.633,500
40,445,986
—
—
41,097,036
no
166,
2305.
p.
New
would
end
of
$256,000,000 in
amounted
plans
'
to
OOO.Oi 0
partment"
in
force
of
increase
Alter
:
.
Insurance
G.
force
the
to
surplus increased $4,359,202
department"
valuation reserve
basis,
,
on
stocks
profits
over
contingency
on
reserve.
sales, amounting
The contingency
to
$2,600,000, was charged
of the company on
31,
department" is 2.95%, showing a fall
earned in 1946.
' s- /'-/"
'
At the end of the year the combined companies held United States
Government bonds valued at $681,700,000.
rate
the
this
total,
44%
was
States
3.01%
of
the Aetna Life Insurance Co. alone held $595,000,000.
of the assets.
Investments in bonds other than United
bonds
Government
were
$391,000,000,
or
29%
the
of
assets.
Investments in stocks were 5.8%, mortgage loans 13%, policy loans
2.9%, and real estate (including real estate acquired for investment
purposes) 1.9% of total assets.
The Aetna Life Insurance Co. closed the year with assets of $1,364,000,000,
an
increase of over $117,000,000 for
AETNA
-
The
premium
CASUALTY
income of the
&
SURETY CO.-
/%%/,■--
,
Aetna Casualty & Surety Co. was $71,-
up
resulted In
,
there was
V.
, ■
The year's results show a great improvement over 1946 and are sat¬
isfactory for practically all lines of business written with the excep¬
tion of automobile property damage, which continues to be unprofitable
although it is showing improvement.
After adjustment for Federal
taxes, earnings for the year were $2,610,403.
Stockholders received
underwriting profit of $104,615.
dividends
an
of
$1,800,000.
increase of $810,399
The
contingency
The surplus of
the year.
the company
reserve
on
Dec:
31,
1947,
$750,000.
The assets of the company are $132,457,556,
mately $12,383,940
premium
675,859,
miums
up
of
was
$5,050,000,- down
of approxi¬
an increase
for the year.
THE
The
is $29,287,076,
for
AUTOMOBILE
income
The Automobile Insurance Co. was $35,This resulted in an increase in unearned pre¬
$7,737,283.
$4,985,374.
income
-.
_
$1,073,C92.
To this must be added
$178,256,' the company's share of the undistributed earnings of The
Standard Fire Insurance Co.
During the year the Company received
$250,000 as its participation in the profits of the War Damage Corpo¬
ration and $55,000 under the German War Claims Award.
Net
investment
was
' $42,241
i
shs.
3,850,000
-
18,707,532 -18,832,759
$18,753,272 $22,725,000
.—
166,
2305.
p.
$5.12 per common
about
in
in
the previous
share, in
totaled
1947
$95,100,000
the
approximately
1946.—V.
166,
p.
this
week ended
Tobacco
American
The directors
year.
compared
$106,600,000
with
2205!
14.92%,
<1
;■
kwh., or
167, p. 421.
—V.
of
a
cents
75
total
the
per
the
for
common
1948.
27
and
share,
first
and
extra
An
—V.
Jan.
on.
1948, the System inputs of subsidiaries
22,
237,714,000
to
declared the
addition
in
common
of
of
$1.50
stock
B
cents per
50
increase of
30,-
Extra Dividend—
Co.—Larger
quarter
kwh.,-an
corresponding week of last year.
the
over
to be made available out of
share
per
Light Co.—Weekly Input—
Jan.
amounted
company
858,000
Batchcller, President, told stockholders that earnings for the,,,
1947, amounted to $6,002,657, or $4.66 a share;
common
stock.
This compares with 56,599,346,
regular first quarter dividend
an extra dividend of 75 cents
1947 earnings. This will make
share, payable March 1 on
stockholders of record Feb. 10,
per
to
share was paid
on
March 1, last year.
1146.
166, p.
Armstrong Cork Co.—Unsubscribed Shares Offered—
In This Issue
Of
"
the
shares of
88,179
$4
cumulative preferred stock
offered
by the company for subscription to common
stockholders, 39,224 shares were subscribed for upon
Stock and Bond Quotations
the
Pstffc
New York
Stock
New York
Stock
New York
Curb
Baltimore
Stock
Stock
Boston
Exchange
Exchange
__13
(Stocks)
24
29
33
(Bonds)
Exchange
l
Exchange——:
33
Exchange—
Cincinnati Stock
Exchange
Detroit
Los
Stock
Exchange.
Angeles Stock Exchange..
Philadelphia
Stock
St. Louis Stock
1
Exchange
Pittsburgh Stock Exchange
—
Exchange
San Francisco Stock
Exchange
Montreal
Montreal
Curb
Stock Exchange
Stock
38
—_f
38
—
Section—___40
Over-the-Counter Markets
42
Transactions New York Stock Exchange..——24
Transactions New York Curb Exchange......24
Exchange—Curb
Stock and Bond Averages..—
—.33
warrants
from
are
being
pur¬
the
in
writers)
for
dealers
The
of
to
an
several
of
Jan.
on
cumulative
$4
of
of
taxes.
transfer
underwriters
to dealers, including under¬
$4,530,336, before concessions
sold
shares
41,933
aggregate sales price
after
shares
unsold
$102.50
case
but
39,490
the
by them and sold 43,933 shares at prices ranging
per share (less a concession of 75 cents per
purchased
$104,375
share
23
made
a
preferred
general public offering
stock (which represent
the unsubscribed shares) at $102.50 per share,
plus dividends accrued from Jan. 10, 1948 to the date of delivery.
(For further details see V. 167, p. 150).—V. 167, p. 422.
portion
of
Armstrong Rubber Co.—Earnings—
Years Ended Sept.
Net
30—
>
sales
Profit
before
Federal
Net
Class
.
Federal
income
income taxes
and
——
B
shares
165,
p.
1947
1946
$34,266,408 $17,092,043
3,278,743
1,928,830
1,245,097
787,140
V366.572
outstanding——.
366,572
$6.24
share__.____.^____
Earnings per class A and B
—V;
—_
—_—$2,033,646 " $1,141,690
profit
A
taxes.--
^Including wholly-owned subsidiary,
Miscellaneous Features
(including 34,468
During the subscription period, Smith, Barney & Co., Kidder, Peabody
Co.,
and The First Boston Corp., - subscribed
for 34,468 shares
$4
cumulative
preferred stock upon the exercise of subscription
to
37
Exchange..—
Toronto
&
of
__36(
Stock Exchange
subscription warrants
them), and the remaining 48,955 shares
chased by the several underwriters.
35
^35
36
36
Exchange
Stock
exercise of
shares subscribed for by the several-underwriters upon
the
exercise of subscription warrants
purchased by
33
34
34
34
Chicago Stock Exchange
"
State and City Bond Offerings
^.50
Redemption Calls and Sinking Fund Notes
44
The Course of Bank Clearings.
—43
Dividends Declared and Payable
"
202.
•
■
'
Reserve
Condition
Federal
Condition
Statement
44
Statement
of
of
Federal
!
Banks......
Reserve
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
.41
Member
System
41
Banks
Established
/
"
of
300 North 4th
1871
St., St. Louis 2, Missouri
Members
44
New York Stock
-
St. Louis Stock
Chicago Stock Exch.
Phone
CEntral 7600
Exchange
Exchange
$2.79
Lake Shore Tire & Rubber Co.
General Corporation & Investment News. .Cover
Combined
of
of
Dec. 31,
outstanding
Foreign Exchange Rates.
INSURANCE CO.
__/■—r——-
American Power &
ended
the
Toronto
the year.
$15,945,999, This increase in premium income
an
Increase in unearned premiums of $5,206,101,
Net Investment income for the year was $2,752,666, and
036,060,
an
.4'; %
offered.,'.
Cleveland
reserve
1947, was $39,300,(00.
The interest rate in the "life
This
the preferred stock
■"-V
»
v;
to when or whether
,
stocks are valued at
amortized basis and
the
-V.
For
1
Insurance
Ol
and
as
*
prices as of Nov. 30, 1947, as prescribed by the Connecticut
Department.
The excess of the fall, in market value of
market
from
given
1946.
New insurance on group life
to $433,000,000 against $399,000,000
for dividends to policyholders in
and
after
allocating
$3,827,844
loan
Total
~
-
^'ordinary
the
in
$3,40:L156
providing
$52,375,839.
Bonds are valued
to
-
were
•
$671,000,000.
"participating
the
Dec.
■
.
,
was
Issued
department" increased $128,$2,342,000,000. and insurance in force in the "group de¬
increased $543,000,000 to $4,643,000,000.
Total insurance
the company at, tne end of the year was $6,985,000,000, an
in
strengthen
to
-
over
against
employee
19461
in
■
1947
for
Companies
held.
be
H.
on
or
$45,741
payables and accruals—.
bank
Net assets appli. to 1,000,000 outstand. cap.
'
an
year
000,000
in
Affiliated
stock
initially to register 107,383 shares
company
the
lor
Life
Aetna
of the company
increase of over $60,000,000 for the year.
In the
the premium income was $225,106,762, an increase
$27,000,000.
lhe insurance business in the "ordinary department" was $277,-
$336,751,521,
parent
the
of
proposal to authorize 200,000
preferred stock and to increase the authorized common
value to 2,500,000 shares from 1,350,000 shares. • • '
indication
No
Sales
Report—
Life Insurance Co.—Annual
Aetna
Premiums
a
3%
preferred stock under the Securities Act of 4933. TJie company
plans to offer common stockholders the 'right to subscribe-to the newpreferred in the ratio of one share of preferred for each 12 shares of
-year
—V.
26 approved
V
LIABILITIES—
Current
-
the
common
$42,714,583 $44,860,400
'
'
Total
par
It is the intention
of
$104,556
$142,409
99,644
-
<
shares of
.'. '.
..
,
—Preferred Stock Created—
'
v
Chicago Bd. of Trade
New York Curb Exchange Associate
Bell Teletype
-
8L 593
,*..*'
•
•
* >
*
i
,
* •' * •
i
.
\
Control Sought—
p.'462/ ;/ Y' O.Y //
166,
Corp.' below—V.
York
First
See
■
Aircraft Corp.—Working
Bell
Ry.—Official Promoted
Atchison Topeka & Santa Fe
G
Rydin
executive representative of the President, at San
Francisco, Calif'., has been appointed Assistant Vice-President, execu¬
tive department, with headquarters at Chicago, effective
'
*
Monday; February 2, 1948
FINANCIAL f CHRONICLE
&
THE COMMERCIAL
(542)
2
;
ri
,
ital Stocks
E.
Leo
is
fornia,
ing
167, p. 246.
Rydin.—V.
Mr.
y
Co.—Partial Redemptionredemption on March 1, next, through
mortgage bonds, 3 Vi¬
at The Citizens &
trustee, Atlanta, Ga.—V. 166, PP. 2657 & 2554.
Gas Light
Atlanta
called for
been
have
There
The
of the sinking fund, $131,000 of first
due 1963, at 101%.
Payment will be made
operation
neries
Bank,
•Southern National
Bay Ry.
Atlanta & St. Andrews
'■
December—
Net
from
Net
ry.
railway—
railway
Net
from
Net
ry.
i67,
—V.
49,940
760,035
329,112
$171,161
$0.38
period——
$178,583
$0.40
"
RR.—Equip. Trusts Offered—An
by Salomon Bros. & Hutzler
on
Jan. 27 offered (subject to approval by the ICC),
$4,000,000 2V2% equipment trust certificates, series X,
to be dated Feb. 1, 1948 and to mature $400,000 each
Feb. 1, 1949 to Feb. 1, 1958, inclusive.
The certificates
were priced to yield from 1.50% for the 1949 maturity
to 2.75% for the final maturity in 1958. Associated with
Salomon Bros. & Hutzler in the underwriting are Drexel
& Co., Union Securities Corp., and Stroud & Co., Inc.
The issue was awarded Jan. 26 on a bid of 99.723, a net interest
cost of approximately 2.55%.
Four other bids, each naming a 2V2%
coupon,
were received at the sale.
They were: Harris, Hall & Co.
(Inc.)', 99.5599; Harriman Ripley & Cc., Inc., 99.41711; Halsey, Stuart
& Co. Inc., 99.285, and the First Boston Corp., 99.199.-^V. 167, p. 422.
$840,904
$1,168,111
639,738
operating revenues.
Ry. operating expenses.
Ry. tax accruals
Ry.
fixed
15,444
98,810
2,109
60,212
:-Y
:
$443,051
45,951
551,582
$228,362
$397,100
$1,164,550
charges
>
and
—V.
167,
—
transfer
Stanley &
Whipple
Bacon,
;'.:j 'yVyv
.
vYv"
A.
541,862
&
Inc..,
states, was $48,170,832 before giving consideration
appreciation.
This net asset value, which is
stock
and
dividends
$50.25
and
per
share on the
as
During
clared
011
&
First
The
.
.
•
(&
Co.
Foods
Beatrice
$
Net
(incl.
sales
142,787,153
123,069,084
3,684,973
4,878,044
Advertising
361, 611
394,722
1,204,869
Insurance
203 ,240
1,537,189
666,394
Rent
150, 837
General taxes
335 ,590
Interest
Selling
Admin,
4,308, 315
3,698,343
15,593,468
12,516,028
1,610 ,821
1,606,040
6,219,886
5,728,076
270 744
247,831
1,198,975
1,085,874
529,196
allocating
166,
p.
2.438,990
6,266,897
7,957,535
1,200,000
2,211,000
3,243,500
*4,055,897
4,714,035
511,792
511.792
511,792
$0.52
reserve
1,238.990
511,792
share_
com.
$2.32
$3.57
$7.06
of
$500,000
for
bank
loans
of
this
corporation
price de¬
been
liquidated
agreement
due
to
with
a
group
of
New
expire until next June.
with the
York and other banks the
credit is
r
$11,396,883
and
current liabilities, including
the $1,500,000 of notes payable to
banks, of $6,296,379,
leaving net working capital at that tiipe of
$5,100,504.
According to Walter H. Beech, President, the company's
working capital is now sufficient to meet all present requirements
without recourse to further borrowing.
The company has no funded
As of Dec.
debt.—V.
31,
1947, the corporation had current assets of
167, p. 247.
C.
& Co.—.—
Ronev
1,500
and Co.—
1,500
1,500
Shields
4,000
Shuman,
Parsons
& Co.__
1,500
Smith,
William
Hall & Co. (Inc.)
Hayden, Miller & Co.__i.^
Hayden, Stone & Co._
Hemphill, Noyes & Co.___.
Henry Herrman & Co
1
Hornblower &
Weeks____
4,000
Illinois
Share
Tucker,
1,500
Union
2,500
Co._l______,I.i
CONSOLIDATED INCOME STATEMENT,
Y\-
;*■
'!
Cost
6,000
6.000
from
Walker & Co...—-'—
&
of
incorporation
of
,
further
was
Dec.
in
expenditures
amounted
cost
improvements to
with $64,431,470
authorized
and
compared
additions
for
as
construction
completing
of
is $105,000,000.
1947,
31,
1947
common
$105,615,113,
to
estimated
The
of
shares
three
into
averaged 103.8% of Capacity
compared with 96% during the
(ingots and castings)
production
the fourth quarter of
1947.
as
•, v.
4.000
7,500
per
1,500
Dulles.& Co.JJ.-L.
March
•
'
'
'
$•
'
S
" •
share
•
a
''
3,900,837 Cr8,859,076
43,215,850
*3,415,046
17,932,58'3
of
cents
60
no par value/payable
is equivalent to $1.80
422.
p.
.v.
:
,/
Bros., Inc.—New Treasurer—
Lachman
elected Treasurer, effective on
been
has
Feb.
1.
this
Freudenthal
Mr.
years.
1,232,950
quarterly dividend
a
corporation • in December as special assistant to David
Freudenthfll, who had been Vice-President and Treasurer for many
Joined
consulting
62.381.3^2
85,045
M.
declared
common/stock, which paid $1.50 per share
The stock was split-up last month
old
the
on
Bloomingdale
He
29
•
$2.40 Annual Dividend Basis—
on the increased common stock of
to
holders
of record
Feb/ 9.
This
Lawrence
-
62,172,562
208,830
9,170,165 *12,189,077
Jan.
on
on
quarter since December, 1940.
three-for-one basis.—V. 167,
each
on
1
share
per
YEARS ENDED SEPT. 30
Domestic Subsidiaries)
1947
1946
1945
' i'I
directors
The
••*.•.
..
New Stock Placed
4,000
Co;-:-_L-_ '
*13,973,571
1,267,565
1,784,494
income
Other
$1.21
3.000
7,902,600
operations
*' • ■
12,377.647
capacity.
' 12,000
sales, royalties, etc., oper. inc.of goods sold—
Profit
\ 4
■
•, •
,
3,000
141,625,620 106,001,984 637.389.824
118,647,868 106,286,690 552,193,755
Selling, service, patent, admin, and
•'
"/•*
general expenses—
—
15,075,352 13,688,865 •' 23,023,507
Net
t57,23l,931
-
previous quarter, and averaged 99.3% for the entire year, as com¬
pared with 77.6% .'for the previous year.
The rated steel capacity
I ngots
and
castings)
of the corporation
was
increased, effective
Jan.
1,
1948, from
12,900,000 net tons to 13,800,000 net tons per
annum.
Current steel production
is approximately 96% of the new
7,500
Corp.—
$
.■
cash
dur'ng
2,500
Securi¬
Trask & Co.._%_
Anthony & Co.__-
Securities
Wurts,
1,500
Corp—______—_
»''
.
•■;;--33.900.000 ;,.i5;500.000
depreciat'on on certain equipment
stock
Steel
1,500
Boyce.
Webster
Witter
Dean
Bond and
84,988,375
v
t
1947, so as to change each of the
1946.
as
12,000
Watling, Lerchen & Co... :
The Wisconsin Co...—— ^
6,000
W. E. Hutton.& Co
The
Spencer
6,000
G. H.
.
Corp.——.
&
Co., Inc.„—__ ;
Stroud
12,000
&
Bros.
ties
4,000
2,500
f
■
6,270,000
6.640,000
certificate
30,
in
1,500
Barney & Co.____
R. Staats Co._'___
&
;
.»
16,481,336
'*
lifi cpH
tfiYpc
properties
1,500
•
Skall, Joseph, Miller & Co.
Store
19,017,647
fnr
income
The
6,000
Agnew & Co,__—
4,000
Stein
26 360,544
887,797
2,500
Co._
&
2,500
&
but
business,
had previously resigned to go into his own
will continue in an advisory capacity to
Bloomingdale Bros., Inc.—V. 167, p. 247.
■
.
:
,,
>
'•
; r
'
'
'••''f.yVu//
Burlington Mills Corp.—Annual Report—
'/v.-
income
Gross
Prov.
Net
Net.
20,329
deductions
Income
for
Federal
profits
income
and
taxes—
;
—
5,248,999
37,795,528
Total
earned
53,856,132
4,234,906
surplus—— ;
surplus—
Cash dividends.
——_
:
—_
Earned surplus at end
37,79$,528
„
Cost
Sel'ing,
hand
LIABILITIES—Accounts payable,
$5,189,628;.
accrued-liabilities, $15;.for
22,398,954
12,969,945
8,297,243
*4,982,307
3,044,652
1,706,851
1,764,248
41,280.587
23,694.486
15,652,399
2,140,465
VI,748,581
*1——-L'
profit
__L__—_—
income
Total income
Other
Prov.
Prov.
excess
305,840
',
profit
minority
con¬
Provision
Net
V"
2,330,726-
of subs. cos. applic. to
interest (Pr)__'_____—._
for contingencies^-—
profit—————
Dividends
on
,
.
14,597.055
499,192
r
"
—
15,958,239
817,765
1,106,368
!________%_v.
taxes (net)l
profits
Federal income taxes__-__
for foreign & State inc.." taxes
for
Net
•
43/21.0-225,643.067:
—.—
deductions.
Federal
con-*-
$1^497,852;-* reserve
par)„'$10.5&'.7,265;
earned surplus, $49,621,226; total, $123,.
85,800,893
and admin. expensesand amortization—__
1.378,017
2,722,428
7,389,671
6,555,750
-1,465,011
2,188,465
740,788
327,395
114,491
.12,920,797
4,980,729
•
1,000,000
.
23.887,711
Jpfd.,stocksY-JV,'""1-122.309
944,494
common stock—-V-r, 5.225,600
>*4.'046i4:48
cum.
Earnings per share—_
1251.
.159,665,329 107,645,860
33,898,582
capital surplus, $16,257,910;
P.
/":■$
•
:/V/-. '
57.295,185
Dividends on
Outstanding shares
166.
$■•■;.//•,;
,
__—_T—Y
tingencies, $2,000,000; sundry operating reserves. ,
for
contingencies. $10,000,000; common stock ($5
127 246.—V.
-
,
216.960,514 141,544,442 • 108,199,847
—,
f.
customers' advances on sales orders, $588,723; .reserve
profits refundable to U. S. Govt, through renegotiation; of war
tracts for the year ended Sept. 30, 1945, $12,000,000: reserve-for
gen.
Operating
and
385,242;
and
returns
—
profit
Depreciation
demand deposits,; $45,631,603;. U. S.
Govt,
certificates of indebtedness,
$4,248,000; net receivables, $18,728,478; .inventories, $29,655,514; total investments and miscellaneous
assets, $2,532,570; plant land, buildings and equipment.4net), $21,019,*277;
patent rights, contracts, goodwill, etc,/-$1; .deferred
patents,
charges, $1,312,403; total, $123,127,846.
on
s.;"
•
sales, exclusive of deprec.-U
of
Gross
Other
Sept. 27,'47 Sept. 28,'46 Sept. 29,'45
■
discounts,
less
INCOME STATEMENT
'
:*
allowances
41,244,519
SEPT. 30/1947 ;
CONSOLIDATED
1
Sa'es,
42,030,433 " 47.596.877
4,234,905
6,352,358
49,621,226
of period—
*•,
?
785,914
15.520.610
41,244,519.; 32,076,267
16,060,604
income
Previous
'
Years Ended—
•<2,411,976
adjustmentsCrlO,811,605 Cr4,2O0,96O
reserve
/
ex¬
income
ASSETS—Cash
payment of a balance of $1,500,000 remaining from a $4,000,000 credit
granted to the corporation in June, 1946, for reconversion and other
working capital purposes, it was announced on Jan. 28.
Under the
not
3,OllO
Co.__^
&
Riter
CONSOLIDATED BALANCE SHEET,
Bank Loan—
have
12,000
Co
i
Beech Aircraft Corp.—Pays Off
All
possible future
2410.
1,500
Webber, Jackson- &
Olds
&
Extraordinary
317,565
net profit
•Before
7,539,379
418,155
626,565
taxes
Com. shares outstanding
clines.—V.
69,881
2,500
Co.___.
Piper, Jaffrav & Hopwood
2,500
>,000
R. W. Pressprich &-Co.6
98,797
209,000
income
per
-
5,765,736
501,161
2,369.109
97,369
Prov. for Fed. inc.
Earned
.
2,500
—
Schwabacher & Co.——
cess
profit.
Consol.
36,076
65,568
Other income
Total
1,070,655
108,355
& delivery exps.
and gen. exps._
for deprec
1,500
12,000
Corp.
432,698
1,251,620
22,629
Provision
Gross
522,958
311,619
28,255
23, 580
annuity
573,042
110,705
1. ,159
_
prems.
Retire,
169,676
6,000
Co
Co
Northwest
Curtis
3,000
Corp.
(Corporation and Wholly Owned
1,245,914
■
1,500
Paine,
12,000
38,993,423
maintenance
Pacific
Harris,
1,064 ,437
&
7,500
1,500
& Anderson
Co.—
Harriman Ripley & Co.
'
37,508 ,032
Repairs
Maynard
Newhard,
The Ohio
&
4,000
Hallgarten
mdse.
other
&
sold
H. Murch & Co.
Cook & Co
i'.
1,500
6,000
Green, El'is
49,198,270 179,402,275 158,232,628
Products
6,000
6,000
Calendar Year——•
1947 <
1946
"
^
^
■
J
"J. / *
fy''
%*■<.
amended effective
5,000,000 shares authorized
stock and to increase
further the number
of shares of its author'z°d common stock to
20,000.000 shares. Accordingly, there were 8,954 982 shares of common
stock outstanding
in
the hands of the public at the end of the
year
1947, as conorred with 2.984,994 shares at the end of the
third quarter of 1947 and also at the end of the year. 1946.
The
net income for. the fourth
quarter of 1^47, after deducting
div'dends for that
quarter on the 7%
cumulative preferred stock,
is equal to $1.21 per share on the 8,954,982 shares- of common stock
outstanding in the hands of the public at-the end of that quarter.
The net income as heretofore reported for the third
quarter of 1947
is equal
to $2.87 per share and for the fourth quarter of 1946 is
equal to $3.45 per share on the 2,984,994 shares of, common stock
outstanding in the hands of the public at the end of such quarters,
respectively.
The net Income for the year 1947, as shown above,
after deducting dividends for the year on the 7%. cum. preferred stock,
is equal to
$4 98 per share on the 8,954 982 shares of the common
stock outstanding in the hands of the public at the end of the year.
The net.income as
heretofore reported for the year 1946 is equal
to
$11.79, per share on 2.934,994 shares of the common stock out¬
standing at the end of that year.
■
;• ..i ;/*';•'.// Yr Z/Yl.
1,500
Co.__'l._
Moseley
4,000
1947
.
<
■
240,569,761.1,032,337,825 787,720,668
23,372,117 •'112.004,507 t80,527,816
1,259,368
) 3,925,219
2,554,058
5,631,413*
23,090,913
20,741,827
6,455,100
The
1,500
S.
•
,
,,
charges.
common
12,000
Beanc—
&
E. H. Schneider
storage
———
*
10,211.336 ; . 51,088,375 t41,731,931
.•'Y>Jt'.$O.0G •>. v— $4.98, / v '."• $3.93
provided for through
charge to operating expense.
tBased on nurabet of shares outstanding
Dec.
31, 1947.
lAfter transfer of $11,000,000 to income from the
contingent reserve..
V *.•"/■
' '•
1,500
Grant-Brownell & Co._l
40,372,560
earnings
4,683,893
3rd Qtr.
;
deol. & depr.
'Other than
Lynch, Pierce,
Wm.
$
,
.*■
1944
$771,152
470,866
• 700,269
19,561,182
4.261,714
3,381,684
*2,932,775
'1,803,270
4,094,105
1947 Results—
288 347.947
tEarns. per com.
•
2,500
Co
&
7,500
Graham.
1947—12 Mos.—1946
$
.
r.':.
4th Qtr.
■
Net inc. for the period
share
/
4,000
Inc._i:_^C:_
4.000
Goodwyn
\
Subs.)—Earnings—
1947- -3 Mos—1946
'
•
inc. before taxes
on'
Merrill, Turben & Co—_
I Minsch, Morvell & Co.__.vMo^re. Leonard <fe Lynch.
F.
•
other
pfnif
4,000
Fenner
-
income
-
&
*Prov. for
Dec.
Marks & Co.
M.
Merrill
..
Int.
6,000
Co..
T.500
& Co.
Total
.
6,000
—
G'oodbody &
>
167, p. 247.. '
J
3,000
Corp.
Rhoades &
Loeb,
M.
Laurence
12,000
r
Boston
Indianapolis
Period End. Nov. 30—
Higginson
McDonald
v
,
Langley & Co.__
C.
Carl
1,500
Michigan Corp.__
of
First
were de¬
15,770,418 ;> 17,669,430
9,7J0.645
,'7,580,819'
,
12,000
Glore, Forgan <fe Co.
$47.25,
22,891,463
railway^;.
1947
.2,500
Lee
1,500
Farwell, Chapman & Co.__
preferred
compared with $20.25
-v\.
406,679p* 1,963,897
oper.':incomo_l—
billings
Net
Co.__—_
Peabody & Co.__.;,
W.
1,500
du Pont & Co..
Estabrook
accumulated
1945
'
$780,384 "
•268,593 ""^6 372,573
1946
,$714,850"
..
50,536
••
Bethlehem Steel Corp.
2,500
4,000
1_
Equitable Securities
to taxes
respectively, at the end of 1946.
the year dividends amounting to $9.25 per share
the participating preferred stock.—V,. 167, p. 42.
of
v
Mason-Hags n,
Co._
&
Dillon
Elworlhy & Co
the participating
common
ry,
'•Deficit.—V.
1,500
Kidder,
1,500
i—___
Eastman,
and participating
Dec. 31, 1947,
of both classes of stock.
As of
amounted to $14 per share on
privileges
dividends
the
,
'•
railway^-.,-
from
from
Net
McCormick & Co.
6,000
Co
Francis I.
.
accumulated
consideration
into
taking
-.v;; ■';
-Earnings—■
$1,308,438
111255
,_u
incomeJ-l.
oper,
Net
No. of Shs.
& Co..
Lemon
Laird, Bissell & Meeds—_
1,500
;
Dominick & Dominick
31, 194S.
' '
Of the Dec. 31,
1947, assets the securities of City Stores Co. and
its subsidiaries represent a total valuation of $21,460,834.
After provision of $6,450,000 for taxes based on
current rates on
the
unrealized
appreciation of the ihvestments the indicated net
asset value of the participating preferred stock was $158.83 per share
as compared with $162.66 on Dec.
31, 1946; of the outstanding com¬
mon stock $263.88 per share
compared with $256.49 on Dec. 31, 1946,
of $49,500,466 on Dec.
value
asset
the, preferred
share on
per
: ■■■
1947'-.'
...
.
railway
from
ry.
Gross
below,
forth
set
4,000
Curtiss, House & Co._^__
H, Davis & Co.__
Davis,' Skaggs & Co._____*
unrealized
;
,
From Jan. 1— ■
severally
an
have
below
1,500
Corp
_____
&
Drexel
report
$1.25
.....
,
.
of
and First
4,000
Paul
taxes were
•
;
6,000
Dodge & Co
Courts
based on
market value of assets^ or, in the absence of market value, on fair
value
as
determined by the board of directors, compares with net
on
dividend
quarterly
Bessemer & Lake Erie RR.-
2,117,453 shs.
York,
New
Kidder &
M.
A.
2,500
Julien Collins & Co.
Y.:Cy,:'/
shares of
$23.13 per share on 60,000 shares of common stock outstanding. This
compared with 1946 earnings of $21.88 per share on- participating
preferred and $37.19 per share on common.
r , . "
The indicated net asset value of the corporation on Dec. 31,' 1947,
the
& Sherrerd
National
Clark,
equivalent to $15.77 per share
participating preferred stock outstanding and to
162,987
on
*
16,—V. 166, p. 1147.
cco.rd Feb.
Net
Kebbon,
12,000
J_-
Central
$453,811
its
after
earnings
1947
The
the outstandirig $5 cumulative
value, fcr payment,on March 1,
par
no
a
December—
/
Name-
2,500
Becker & Co. Inc.__
G.
Blyth & Co.,
earnings of $4,137,773
$7,607,740.
Co.,
Johnston,
23,490
Co...__
Co
Baker, Watts & Co.__.___ '
Baker, Weeks <fe Harden.
Ball, Burge & Kraus
Corp.—Earned $23.13 Per Common
Y-'v'
1
York, and T. A.
South Bend, Ind.,
Corp.,
named
underwriters
No. of Shs,
Name—
report for the year ended Dec. 31, 1947,
after Federal and State Income taxes,
as
compared with $5,798,740 for 1946.
Earnings for 1947 before taxes
were
$5,139,773 as compared with earnings before taxes in 1946 of
in
corporation,
net
Aviation
Bankers Trust
are registrars.
Bank, Chicago,
(Inc.)
in 1947—Y;/' ■-' Y
This
shows
Bendix
and
agents;
UNDERWRITERS—The
247.,
p.
<■
22 voted to call
stock,
'Outstanding
3,000,000 shs.
of
Ham
Central Republic Co.
Bankers Securities
Share
/,
'•
regular quarterly dividend of 35 cents per share on
stock
have
been declared
payable March 1 to holders
common
& Trust Co.,: New
National Bank
Van
G.
Butcher
income
Net
usual
Period—
'' •"
'
agreed to purchase in the respective amounts
aggregate of 399,930 shares of common stock:
$995,673
$1,716,132
47,426
The
■
Authorized
(par $5)
Commercial
The
Blake
Bear, Stearns & Co.____
$275,788
Associates, Inc.—rCalls Pre¬
Fine- Spinning
preferred
„stcck end
organizations and by distributors .and
Aviation products are sold to
service
CAPITALIZATION'
27.231
for
to
1948, at $105 per share.
government agencies, to airframe and engine manufacturers and
replacements are sold directly to purchasers of original-
Common stock
118,407
13,506
charges
President of Brazilian Traction,, Light
and connected with other "financial and public
has been appointed a director of Bell Telephone
succeed the late Victor R, Smith.—Vi- 166, .p. 1251.
Toronto,
of
The directors on Jan.
.convertible
Bendix divisions.
various
the
dealers..
$850,035
$255,970
6,312
income
available
Income
Fixed
$1,5571110
(net).—_
income
(
y'
%
Ltd.,
Canada
of
equipment and also through distributors and dealers.
Radio broadcast
receivers for home use are sold nationally by Bendix distributors and
309,935
(net)——
income
*.
:
,
airlines;
to
9.009,440
$425,498
operating
Ry.
Other
Col
Net
of
Morgan
Rent
Co.,
Net'from raiiwa,vii'__'^_!'
manufacturers'
r
8,943,986
1,634,582
833,766
Cr418,360
272,403
Power
Gross
various
1947—12 Mos.—1946
$12,135,678 $10,163,410
1947—Month—1946
v
utilities organizations,
Berkshire
dealers
National
RR.—Earnings—
& Aroostook
of Bell Tele¬
Co. owns about 15%
capital, stock.
ferred Stock
motive
are
Bangor
.
Henry : Borden
&
the
next largest customer was General Motors Corp,
which accounted for
about .11% of total sales.
•
/
Y-.Y".,v YY
The corporation's automotive products are sold directiy as original
equipment to numerous manufacturers, anfl automotive replacement
parts are distributed throughout the United States both by the auto¬
underwriting group headed
Period. End. Dec. 31—
^
He
New Director Elected—
.
which accounted for about 12%.of tota.1 sales and:
U. S. Government
Ohio
&
Baltimore
YY:Y.V.'',.Y,
^
Counsel,
by. borrowings.
.
share
258.
p.
288,583
110,000
103,000
;
contrasts with: the 1935-1939 period
about 64%* of the total, aviation
about *„5%, and with the most
aviation products accounted for
approximately 82% of total sales.
The postwar '.introduction of radio
broadcast receivers'for the home and the sa'es volume of this; item is
primarily responsible for the growth of the
"sundry" sa.es mussi-,'
fication.
1
•
'•••• .Y v
•:'• •
■<'»;•/r' /;.Y";>/'
In the year ended Sept. 30, 1947, direct sales to and paid engineering
projects for the ten largest customers of the corporation, accounted
for about
45%
of total sales.
The largest, single customer, was the
$4,114,565
,Y»'Y
;
General
raised
,
about
——-------—
the
for
per
166,
V.
taxes
income
income
Net
$5,426,256
274,161
—
Munnoch,
te
American Telephone & Telegraph
3lr/!f, and-other products only
active period of war production when
20,'47 Dec. 21,'46
mark.
100,000
A,
would
phone Co, of Canada
ing up the remaining 24%.
This
when automotive
sales comprised
of America- —Earnings—
Dec.
before taxes
income
Earnings
247,252
Canadian Parliament .to
to $500,000,000.
The
the
of
$150,000,0(10
from
said about, half ..the new.
aade'd that' one '.'company
expected that its present shareholders would put. up at 'least 60%v of
the
money,
V-'.-.A
* ,<
Norman
capital
products,'many of which are designed to be incorporated in the fin¬
ished products
of other manufacturers.
Automotive sales accounted
for
about 38%
of total volume in the year ended Sept., 30, 1947,
aviation sales accounted for another 38%, with sundry products mak¬
247.
p.
Automatic Canteen Co.
Federal
1,540,637
517,922
————-—^
—
12 Weeks Ended—
Net
45,709
1,819,378
r*
—
income
oper.
63,934
—
—
1—
from
1946
$132,312
~
—
income—
oper.
From Jan.
Gross
1947
$152,358
80,534
'•
1
r——————
railway--——
railway—
from
Gross
the
preaches
Exchange.
..
.
.
..
HISTORY AND BUSINESS—Company was incorporated in Delaware
April 13, 1929, pursuant to a plan under which 1,890,000 common,.,
shares were issued for all assets or outstanding stock of: five edrporations and cash and other assets.
.
;
.
.■ ■
The corporation is engaged principally in \ the jnanufacture . and sale
of
various lines
of automotive, aviation, radio, marine and sundry
Earnings—
permission
stock
Chicago Stock
the
and
asked
has
capital
said that it would'use the additional $350,000,000 in -a fiveconstruction -program \ to meet a demand for: phoney-that ap-'
year
the New York Stock Exchange
on
its
company
...
is listed
stock
LISTED—Common
by $350 Million— :.
company
increase
Corp.—CommonStockv Offered—
Morgan Stanley &vCo. and associates on Jan. 27 offered
399,990 shares of common stock (par $5) at $28 pet share.
The issue was oversubscribed.
The shares offered are
outstanding and were purchased by the underwriters
from General Motors Corp., the seller.
Bendix will re¬
ceive no part of the proceeds from the sale of the stock.
Aviation
Bendix
Feb. 1.
Sievert. Los Angeles, general- attorney for the line in Cali¬
appointed executive representative of the President, succeed¬
Canada—Seeks to Increase Cap-'
Bell Telephone Co. of
■/.
l!
•
<
R
of common'^ Stk. o
3,5103,44R-»2%'
$6.48 '
$3.47
I
446,019
2,153,984
:,3.,72'' 0^6.
«:9 fig
Volume
COMPARATIVE
ASSETS—
■
...
Cash
U.
hand
on
S.
receivable
and
from
Due
assoc.
Merchandising
Cash
Notes
and
tLand,
(sundry,
etc.)--
426,451
,
:—— /
10,351,263.
.
1/095,784
.
270,747
284,646
32,679,199
210,607
receivable—non-current—
1,591,141
179,553
217,552
2,178.712
2,161,093
consul.).
——
—1/
1
!—
^r.'/
'■•■/'/.•W •'
iL
Secur.
Due
to
for
Fed.
domestic
Reserve
for
Minority
credit
7,377,515
7,218,163
698,504
——
companies—u-
—...J—_—r-—--
T
■
$ipO)———1—_—
3Vz% preferred stock (par $100)
—————
3v2'/p 2nd preferred stock (par $100)___—v—
4%
stock
preferred
Common .stock
Capital
(par
..,/_
surplus
Earned
•
SJL)^-.../.^—ll——
(par
——
37,006,157
Canada
postwar
8,253,564
651,476
100,500
■
Salaries,
Notes
;—
—_—
713,819
399,421
349,506
500,000
5,000,000
161,001
due 1950
potes! due 1967
bank,
.•.
/ / containers .(est.)
'.11!
$4.£5 preferred stock (50,077 no par shs.)
Common stock (par $1.66%) —_*
Capital (paid-in). surplus >..!
Earned surplus/———
.—$125,177,793 $90,130,525
—-
of $347,504 in
depreciation and amor¬
tization of $13,376,020 in 1946 and $15,343,832 in 1947.
tAfter deduct¬
ing U. S. Treasury tax notes of $6,257,107 in 1946 and $10,151,620 in
v'
" After
1946
in
$969,820
1947.
tAfter
1947.
accounts
doubtful
and
discounts
for
reserve
and
stk.
'■Common
for
reserve
The
with
"
for
the
(2)
debt,
and
1948,.
the
:"i for
/.,
1,
the
1948,
life
insurance
of net
held
There
are
issue
it
reasons
is
not
order.
position
Net
ry.
Gross
earnings
exp.,
1947
$193,574
amort.t
Changes
"67,368
"114,991
Jan. 1—
Net
(est.)
rev.
•
.
167,
from
Net
from
Net
ry.
$297,595
101,733
railway..—
railway...
•
CO,873,685
\
Gross
Net
railway.
from
from
railway..——'
—V.
248.
167, P.
"
income
int.
67,714
502,522
limited-term
of
taxes
548,093
Div.
46.686
of
$498,850
139,437
12,092
41,007
4,571
4,595
premium
—
167, p. 248.
-V.
sales
Frofit
income
V
Earnings per common share-______.
573,300
1,032,121
708,700
profit
$1,869,117
24,844
'•.' •/•'i.:
•;->*. y-'
p.
42.
':-.v ;:' v:;
•
-w/,777
Not
t
>
■
.
'
*
sale?
Gost
of
—____ .
sold.
goods
Advert., sell.,
' 1947
distrib- and gen. and adm. exps..
.
16,629,003
bcc.
Net operating
Incpme credits
\ '> Net
taxes:__±_J_i
•
-Earnings—
3,758,292
485.295
for
165,
474.979
5,287,230
3,397,785
$22,565,063 $16,963,681
denue.ciation
of
$2,437,392
in
1947
and $2,326,499
3282.
p.
1947—Month—1946
$
income
897,780
394,249
21,505,457
13,616.163
1,857,360
1,301,331
2,130,811
1,675,308
2,491.204
-19,951,926
42,615,153
35,069,648
1,853,142
35,387,327
28,372,066
$0.21
.
•
$0.23
share..
com.
1947—12 Mos.—1Q46
•'
19,810,447 312,953,036 244,094,275
in¬
income—
oper.
per
*•
27,133,171
&,exc.- prof, t.ax
railway taxes.
ry.
•l'
15,295,570
$4.44
$3.55
NOTE—Above
Pere
earnings included
Marquette district for
the
entire.periods in both years, with the per share on common calculated
on
number of shares outstanding after merger of the former Pere
Marquette Ry, with the parent company (C & O) in June, 1947.
■J
Bids
Equipment Certificates—
on
The
company will receive bids up to
Terminal Tower, Cleveland, for the sale
dated Feb.
to be
167,
Feb.
(EST)
noon
at
3.400
equipment
of $4,900,000
trust
3
15, 1948, and due annually Feb. 15, 1949-
432.
p.
Chicago Rock Island & Pacific RR.—Co-Agent—
The
1947—Month—1946
31—
1947—12 Mos —1946
$1,344,096 $15,792,069 $13 ,539,722
630.206
7,602,659
ualue;
800,000
750,0.00
432.
p.
Clinchfield Coal Corp,---New Stock Receives 25 Cents
1,320,000
1,260,000
33,700
33,700
400,000
278,752
Jan.
on
27
declared
a
quarterly
dividend
of 25
cents
to holders of record
December,
the
com¬
also paid regular quarterly cash dividends of 25 cents per share.—
166,
p.
2659.
400,000
311,076
V.
directors
share on the common, stock, payable March 5
13.
Prior to the five-for-one stock split in
pany
deprec..^
of
acquis,
plant
——;
>
1,311,944
prof. ^
"j
excess
_——
L,223,179
1,827,500
__—l
taxes
inc. &
taxes
1,727,400
/.The
income—i—
$360,200
$296,439
$3,329,916
46,913
562,960
562,960
764
764
9,169
Cr21,192
Cr36,938
and
prem.
debt
14 filed a
letter of notification with the SEC
163, p. 3130.
Collins
deductiops^-liLl';;
$333,715
$249,275
41,802
Neti/lncome
pref.
Aikman .Corp.
Cr804-
41,802
stocki!.:/.;
$2,794,725
$2,374,781
501,606. V/
501,606
14,186,516
/ $207,473
$291,914
H —V^*167, :p. .248. //; !/
$2,293,119
$4,450,944
Dec. 2, '44
$2,927,574
—:___
for
466,122
400,591
387,516
427,419
pension-
8,137
29,164
52,795
34,023
400,000
for recon., etc.
133,000
.2,187,000
1,400,500
1,027,009
$174,616
Fed. & State inc. taxes.
$3,330,295
$2,210,133
$1,439,132
,
Net
* -* Cherry-Burrell Corp.—Annual Report—
the.vannual
$1,873,174
Dec. 1, '45
"$5,947,050
—
Depreciation
Provision
<
Nov. 30, '46
$781,875
income.
Provision
Subsidiary)
Nov. 29, '47
Months Ended—
9
Sub.)—Earnings—
(&
(Excluding Canadian
Total
Div:/ of
&
disc.,
expense-
;•>":*
$4,325,863' $3,698,831,
1,186,000 • 1,066,000 f.v-r.-Tn
Jan.
on
9,169
Cr514
company
share
$2,946,106
46,913
Amortiz.. of
Other* ;
Co., Atlanta, Ga.—Files
5,000 shares ($10 par) common stock to be offered at $30 per
without underwriting,
Proceeds will go to supply capital.—
for
long-term debt_
on
States Life Insurance
Coastal
With SEC—
V.
/
with
agent
par
>,983.037
105,000
Int.
vV-
Co., New York, N. Y., has been appointed
respect to 3,100,000 shares common stock, no
shares series A preferred stock, $100 par value;
shares series B preferred stock, $100 par value.—V. 167,
Trust
York
New
co-transfer
Feb.
110,000
Gross
"
$4,034,101 " $3,624,04.0
291,762
:• 74,790
__
income deductions).-'—_
ipcome.—V-
Federal income
...
income
(less
Co.
Light
Balance •
/
3,809,875
___—
Canadian
and
S.
The
$1,308,287
•
4,000,000
2,000,000
value)——
par
13,105
4,000,000
*
80.99
784,036
Fed.
194.6 '
$45,106,029 $37,587,143
24,442,925
19,776,5861
v
$1.94
$1,599,013
General
585,675
I;v\*,.-V/-,V%-1
•'V/
$0.95
^_
revenue
for
Amort,
$1,893,962
"
1,145,000
360,000
Prov.
Gross
ACCOUNT, YEARS ENDED SEPT. 30
V-:
$357,621
360,000
Oper,. expenses
'
U.
Other
166, p. 1991.
Illinois
Period End.
:/// Canada Dry Ginger Ale, Inc.—Annual Report—'»■(;•>//
CONSOLIDATED INCOME
($5
income
Gross
per
241,311
167,
$698,523
360,000
876,223
$1,481,150
purposes.—V.
•.
58,823
$341,790
___/.—
stated.—V.
"Not
$2,110,428
■____
for comparative
/
428,200
563,000
______
6,615
578,674
856,347
1,650,000
taxes
Chesapeake & Ohio Ry.—Earnings—
$980,444
225,450
649,192
Net
•••.;
"Adjusted
1,126,723
taxes..,..
6,583
$2,059,824
income
:
and
1
adjustments
Net
incotne
and State
$6,351,111
567,240
563,083
Income' deductions
Dominion
Period find. Dec. 3J.-
vU/.Y,"' #.:•>' ■(..)
$5,349,511
!.—
charges
applicable to prior years
Taxes
5,577
an.d
30,961
reserve
:t946.—V.
1945
1946
1947
•
——
after
Federal
*1946
242,582
1,318,174
1,121,970
Carpenter Sjfceel Co.—Earnings-
Common shares outstanding-.:
(net).
in
1958.—V.
462,670
plant.
$2,000,009
surplus
certificates,
Quarter Ended Dec. 31—
$2,054,247
income
$2,984,926.
$2,750,000
1,429,732
•
income
surplus
-780,440
780,440
$2,907,813
1,084,544
$2,296,830
electric
of
11,132
applic. to pref. stock for the period
2,060,597
_
rj
Federal
stock
Common
55,134
$3,765,366.
35,678
$22,565,063 $16,963,681
banks—.
Capital
54,850
41,057
/
_■
payable
for
Net
$3,688,253
677,112
less
cost
pfd. stock, 1946 series ($100 par value)
preferred stock, 1947 series (par $1001
4T4
/ 256,127
$6,874,423
investment——
income
on
for lease
r
•
2,410,801
——
4 r/o.
123,368
1,797
$317,953
—
$7,584,214
——
Prov.
Net
$324,798
6,353
—
(at
—
—
payable,
Earns,
-"-J.
2,810,201
in
complete
payroll, bonuses, state and local taxes,
royalties, etc.
;
1,673,274
1,664,649'
on
1_
income
$5,628,501
$5,380,363
const.
to
Central
>
76,995
133,719
(credit)
Balance
1&47
,
_/__
taxes
Other
33,394
deduct.__
charged
Net
\
.
-T—————r-—---—
Amortization
Bent
9,970
bonds-
&
(credit)
2,999,841
Depreciation
•Oth/er
$5,551,506
701,497
.Maintenance
Federal
$5,346,969
/
11,593
Accrued
1,500,000
$488,880
to
—
come
1944
3,270,836
1,119,561
'
Not.es
; 2,269,299
1,500,000
V $457,840
mort.
Amort,
California Oregon Power Co.—Earnings—
12 Months Ended Nov. 30—
Operating revenues
v
Operation
2,516,124
125,000
504
.tfm
income.
Int. :on
Net
v
194,033
125,000
(pet
54,418
10,867
2,023,049
applications
patent
_____
"After
$457,336
rev
oper.
54.418
3,576,003
equipment
cost
Total
252,952
v
/
....
:
—
and
Total
1947—12 Mos—1946
$1,816,312 $22,138,910 $19,392,030
825,565
11,039,131
7,981,101
182,834
1,736,686
2,070,124
220,704
J
32,266
unconsolidated
amortization)
Co.—Earnings-
888
-
,
"1,255,470
1947_Month—1946 '
taxes
Other
$214,999
185,667
income
Net'-ry. ©per.
-1,8£0,231
"409,408
"1,072,413
2,281,568
"167,102
"884,114
(est.
T'
4.8,452,857
3,221,436
693.283
3,826,987
923,149
._
"48,616
"580,307
.
Light
&
retire, res. approp.
Net
53,889
84,962
35,693
-
$850,000)
Patents
(& Subs.)
1945
$295,041
110,532
28,584 '
-income
From Jan. 1—
oper.
installation
of
process
Earned
income..
on
/r 3,470
2,094,028
1,053,138
;
-Gross
Power
,
1946
$296,566
in
Unearned
$2,109,130
Burlington-Rock- Island RR.—Earnings-—
V
$178,531
11,251
"49,650
.
132,755
!
employees——
and securities, (netf—,-——
Building under construction and
Accounts
1944
"100,093
'"1,167,794
___—_
taxes
"61,307
.
6,277,464
27,238
or
refund of Canadian excess profits tax
"Property, plant end equipment, at cost in cash
1420.
p.
248.
p.
-I.—-.
debt
1947
•
revenues
,.
December—
.
■//~:
2.183,674
,
expenses
Int.
/
.
Oper.
$2,148,907 $23,736,219 $22,348,515
$2,390,315
.
Oper.
alphabetical
Gross
-
'
-
railway—1
Period End. Dec. 31—
Other
•—y» i§7» p. 4?*
■'
inccme___
^Deficit.—:V.
1.947—11 Mos.—1946
5,046,785
5,485,896
■
Neji./^y..^ Qper. • ;iiicoa?je-'--
always
*
-
1,
1,
$187,668
$162,528
*
NeJ, from rgilway—."511,948
$7,195,692 $84,609,904 $71,001,372
$7,876,211
——
deprec.,
capital,
etc.,
est.
March
March
161,
3,207,649
110,348
cost
79,721
4,871,388
reserve
Postwar
consisting
1945
railway-—-
from
Prop,
Oper.
1946.—V.
in February,
made
$600,000
and
$3,644,834
18,874
8,479,340
less
__//_
officers
to
1946
$3,393,538
Z_
r-~—
charges
31
subsidiaries)
obligations.--
average
majority owned
EngTsh subsidiary, at cost
bonds, it was reported, did not result in any
capital since funds sufficient for this purpose
these
of
oper.
.From
Gross
Fed.
1947—Month—1948
market
$2.62
OCTOBER
deposits
receivable,
lower of
the
at
SHEET,
wholly-owned
Government
accounts
404,359
$5.33
demand
Canadian
and
Advances
working
railway——
from
Net
alphabetical
Brazilian Traction, Light & Power Co., Ltd.
S.
Notes
Br 14,530
bonds-due
mortgage
P946
from
Other
Period End. Nov. 30—
and
'
December—
Grbes
possible.
as
U.
548,622
■'//1947
.'!•">
and
31,600
BALANCE
(Including
hand
93,692
160.000
1947 series/.
s^are
common
ASSETS—
on
33,372
1946 series..
stock.....
common
LIABILITIES—
company
to arrange companies in exact
However, they are always as near
cn
deposit with the Royal Trust Co., Montreal, Canada.
now
outstanding $300,000 of first mortgage bonds of an
on
Carolina
mechanical
NOTE—For
possiblm
4%
Cash
11,815,191
$2,630,868
preferred stpek,
preferred stock,
3,171,685
2,295,224
245,155
$1,307,284
preferred stock
4%
on
5,007,700
Canadian National Lines in New England—Earnings—
corporation and used
capital
June
5'/r
on
Investment
first
789,237
18,181
,
on
2,722,383
v
original
reserving the right
to consummate the loan at any time between Dec. 1, 1947 and June 1,
1948.
Among other conditions the corporation will agree, upon consummation of ihe loan, to increase by $10,000,000 the amount stated
in
(1), referred to in the preceding paragraph* on the present out¬
standing long-term loan.—V. 166, p. 2416.
before
income
Farnings per
and 2,700 shares in
1947
1,632.845
Dividends
/
3%%
of
$150,000
Redemption. of
were
and general corporate purposes,
i
Under
an
agreement,
arrangements have been made whereby the
■corporation will borrow, on long-term, an additional $10,000,000 on or
w.orkipg
and
reduction
of the note;,
of $750,000
The proceeds from the sale of the
annually, commencing Jan. 1, 1952.
were added to the corporate funds of
in
$2,341,676
__i_
Dividends
$37,140,519 $29,537,540
-
shares
par
no
349,373
$4,281,894
taxes
!
Dividends
Converters Co., Ltd.—Reduces Debt—
1949-51.
disposition of subsidiary company stock or funded indebtedness,
merger, consolidation, or disposition of all assets of the company
note
at cost
504,723
t.axes____
taxes
Dividends
550,000
company has redeemed $200,000 of its funded debt,
redemption of $50,000 of 3 % first mortgage bonds due
of
and/or any subsidiary without the approval of the holder
•an,d (3) to make prepayments of principal, in amounts
v
338,254
Tlie
certain dividend
and stock redemption
restrictions
consolidated working capital is not reduced to below
to restrictions regarding the
increasing of funded
to
net
$27,500,000;
2,400
248../,/'':
p.
Canadian
Insurance
20 years and the
issuance of a 2%'v
of
(1)
agrees:
unless
the
1947,
Prudential
period
a
(11,000 shs.),
treasury
by
167,
Privately With Insurance Firm—
17,
income
Deferred
"Represented
corporation entered into a loan agreement
Co. of America to borrow $15,000,000
loan was negotiated as of Jan. 1,
1947 with the
promissory note, due Jan. 1, 1967.
Under the terms of the note the corporation, among other conditions,
Jap.
On
in
—
301,650
422,793
income
for
CONSOLIDATED
.—
—ZJC/———-
Total
1946.—V.
•/
Net
1,573,691
3,598,584
5,007,700
3,171,685
2,296.303
12,796,841
Drl2,913
——
——
provision
profits
Inventories,
'
Loans Placed
$1,517,522
Liability to customers for deposits on returnable
_
Total
before
Normal
$56,418
1,775,932
338.300
1,548,345
Li__Z_—ZZ—.
promissory
interest,
Provision lor Fed. and Dominion income taxes:
$29,537,540
$37,140,519
+—
payable to
2Va'/b
income—purchase
discounts,
commissions, etc.—
!
deductions—interest, sales discounts, etc.
Income
commissions,; etc
wages,
rents,
Other
Excess
taxes
$2,389,404"
714,466
*
foreign taxes on income
_-•_///—_——
and
1
855,676
Other
100,500
'/ "/ ■
payable
S.
3,514,866
4,213,342
$4,363,824
13,954,77,0
1
———————
16,972,820
$5,904,270
64,200
126,053
17,178,534
charges—_
U.
Other
24,022,833
$8,577,166
330,275
61,300
139,653
,
1946
1?47
$32,599,999 $22,877,099
of
241,363
credits.——
Diyidends
ACCOUNT
INCOME
sales
Cost
5,797,750
——
payable
900,000 square feet of effective manufac¬
which -is approximately double the 457,000
in 1941.
CONSOLIDATED
Net
3
space
Gross
—...
payable
floor
Years Ended Oct. 31
9,001
—:
lax
and deferred
expenses
Accounts
15,000,000
5,000,000
9,945,800r..-;
3,448,820
12,713,58(1.
20,448,348
14,959,500
5,000,000
* 9,944,30.0
3,510,144*
13,829,501
surplus
Drafts
909,305
*'.
of
LIABILITIES—
1,400,000
15,606,200
.
—/___
consolidated.!
not
available,
fee*, of
500.000
627,404
Total.
*
498,389
764,145
companies.
contingencies..—
subsidiary
...
income..
on
2,227,177
more Than
space
.
1,20Q,000
3,454,447
Property,; plant and equip., /ess reserves.—...
Goodwill, trademarks, .etc.—:
—
...
$5,779,472
5,762,354
2,006,284
asscc.
other
and
in
6,725,062
2,044,197
taxes
foreign
and
debt
State
and
interest
Long-term
$7,710,569
.—_/____/—
$4,271,985
200,000
stk.), notes & acets. receivable,-
subs,
Dominion
t
'
1—1——
accrued expenses
(trade)./—
payable and
payable
JReserve
in
silghtly
turing
square
returnable by
containers
011
(est.)
(mtge. &
Invest,
Prepaid
accounts
Dividends
receivable
(543)
haw
1946
$5,617,965
—
tyonds.-——
receivable—.
accounts
customers'
\
30
Treasury
Deposits
$125,177,793 $30,130,525
Accounts "payable
Sundry
S.
Sundry
27,4.89,721
1,718,781
38,345,659
3,182,311
equipment-.
fixtures and
t..i
Victory
notes,'tax series C—at cost—
U. S. Govt, postwar tax refund..*,—«v_r
—
Notjes and accounts- receivable (net)..—
Inventories
ZT
—-——-—,
U.
LIABILITIES—
/
/
Dominion of' Canada
1,716,200
17,050,772
——
'.
Total
'
10,125,090
33,492,072
of
mach.,
charges
"..V
i
---
life insurance- policies.
(not
cos.
value
accounts
.
bldgs.,
Deferred
•
receivable
investments—
Sundry
—__*
securities:,-^—12,688.:/• -81,295-
inventories
surrender
■
(customers)----
accounts
SEPT.
1947
ASSETS—
Sept. 27/47 Sept. 28/46*
,-i /'.V."
$18,291,541 $12,155,437'/ Cash _____/—/._/—.
U/
securities—™___—•
Government
•Accounts
Notes
banks___—Z
in
and
Government
'Canadian
:'/
...
CONSOLIDATED BALANCE SHEET,
BALANCE SHEET
CONSOLIDATED
:
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
167 Number 4669
report .to
issued
stockholders
for
the
fiscal
profit
Earned
''/;//<.'/'mv
—
$511,115
'year*
i'profit#., tax_._v_ 'v. 27.7,000 £ ended Oct. •31/ 1947, this corporation reports net income of $2,630,868
alter all-charges,\and federal" taxes.
438,087
260,991V
This is equivalent, after preForeign income and excess profits taxes.—__
Foreign exchange adjustment-—.—Z__T___—/
#161, JL75/'! / 'fprred dividends,- to .$^,33 a/share on 457,185 shares of common, stock
-g. •■••
*• '"w
—^f ■/-outstanding and-is..approximately double net of $1,307,284 and $2-62
a
common ;Share .on./!450,-995'shares
$2,701,776 -$2,256,015
j. Net income __—
for the preceding fiscal year.
.
—_________:
Balance at beginning of year___.^-2'___r_/__'__ .,11,815,190
10,687,282 •; - More than $2,5C)0,.Q0Q'was expended during the year on additional
$5.82
$0.31
share.
com.
pey
"Includes
profit
sale of
on
a
$3.71
plant.—V.
166,
$2.31
p.
2556.
Federal excess
Commercial
'
.
/ facilities
Total
surplus
;—__L—
____—
!-•
$14,516,966 $12,943,297
and
$850,000
ii;
will, be
is
estimated
made
to
that
complete
further
the
expenditures
buildings
now
in
about
of
process
The
for
to
amt.
equal to 25'/<>
166,289
expansion
,program.
212,833
213,954
for
expanded.volume of fmsiness
1,140,321
//.
Preferred dividends
Common
of ledger value of cases-
dividends
:
747,864
.
366,972
/
•
the
20,000
By
^
Balance
Earned
surplus
—
per,common
——
share—
^—:
$12,796,841 $11,815,191$1.31
$1.07,
new
provide
the
The
machinery
funds
and
needed
were
equipment
for
obtained
this
from
and
sale of.
shares
' the
plant
of 4'/£>., $100 par preferred stock and from bank loans.
spring of 194.8 the company expects to fujly occupy the
at Cedar Rapids, Iowa, with nine acres under roof and a
manufacturing
area
of
390,600
sqhare
feet.
The
company
will
Co., Mount
Rainier, Md.—Files
on
Jan. 16 filed a letter of notification with the SEC
debenture bonds.
Underwriter, Emory S. Warren &
C.
D,
Washington,
of
needed
purpose
the
company
$68,000 of 6'/o
Co.,
'
construction"!'and
for. the
Adjustments of reserve for valuation of cases to
Finance
With SEC—
then
Solvents Corp.—Expands Division—
Commercial
Expansion
division
tural
to
field
and
reorganization of the saies department's agricultural
coordinate
has
been
the
sale
announced
of
by
all
products
entering
the
agricul¬
this corporation.
'
The
with
company
its
has
riboflavin
been in the agricultural field
feed supplements which find a
for
wide
many
yeara
market
Chronicle (Reg. U. S. Patent Office) William B. .Dana. Company, Publishers, 25 Park Place, New York 8, N. Y.,' Rfictor 2-9570.
Herbert D. Seibert, Editor and Publisher;
William Dana Seibert,
President; William D. Riggs, Business Manager.
Published! twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday],
Other
offices: 135 S. La Salle St., Chicago 3, 111.- (Telephone State 0613)*;
1 Drapers'.(Gardens, London, E. C., England, c/o Edwards & Smith.
Copyright 1948 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 PauAmerican Union, $35.00 per year; in Dominion of Canada, $38.00 per year.
Other,'Countries, $42.00 per year.
>
v
■* ■.' : .
.
■ ■
NOTE: On account of the fluctuations in - the rates of exchange, • remittance for foreign subscriptions and advertisements must be made in New York funds.
The
Commercial
and Financial
in
4
(544).
-
the. poultry
panded
Late
.
in
livestock
fertilizer
trade.
During the
insecticide business.
feed
the
and
1946,
the
1
The
Dixie, Ordnance Works
purchased, ithe
company
recent
ticidal material
Terre
at
Ind.,
Commonwealth
Edison
is sold
HISTORY
granted
and
company
percentage
comparisons
with
194'7
218,314,000
Jan.
10.8
17
241.935,000
217,730,000
219,183,000
205,501,000
V'
.v,
11.1
7.3
5.1
10—
Jan.
_
235,144.000
3
—V.
216,008,000
;
167,- p.
432.
When
Co.
The
The
lishing
194653-—,
The
The
„
increase
an
Cone
42,196,507,
14.10%.—V.
or
Mills Corp,—-New
167,
A
Director—i !\.
249.
in
notice that this company
to forward a letter to the holders of its $3 preferred stock on
1948 notifying them that the plan for the dissolution of the
company is in eflect and requesting them to surrender their certifi¬
cates for said stock to The Unijn & New Haven Trust Co., New Haven,
Conn., to receive in exchange for each share of said stock 1% shares
of common stock of New Haven Gas Light Co. and 4/25 of a share of
commpn stock of The Hartford G*.s Co.,
together with any dividends
paid on such shares subsequent to Oct. 1, 1947, as provided for in
2,
dissolution
the
at
nently
Under
of
plan
a
1935,
The
tion.
Curb
of
unlisted
at the opening of
filed
business
Exchange since Dec.
1947.—V.
12,
Life
General
Continues—
167,
<
.
trading
Co.
the
on
>
the
of
holds
increased
$285,467,087, a gain of 13.6%, to $2,388,286,927, an all-time high.
The company also provides accident and
health insurance, both to
individuals
and
under
group
contracts;and provides
substantial
to
of
retirement
cash
$97,512,362
in
other
or
premium
1947,
gain
a
of
for
$79,359,999
from
1946
22.9%.
,
166,
The
28
Jan.
on
(electricity
that
announced
in
Period End. Dec: 31—
(CO.
revenues-
••■*-$
Depreciation
Taxes,
6,426,628
—
other
than
Fed.
income
(est.)!
tax
2,640,000
•Operating income—*
income, incl.
i.
divs- fr°m sub. cos/
v
•Gross
Net
203,659
3,060,952
45,279,662
of
elec.
2,782,512
3,025,865
13,451,096
kwh.)
5,756,475
31,828,566
2,383,357
'
2.241.801
9,010,648
other
full
year
1,1946). ■
A ; /'
in
federal
surplus
1947,
income
tax
items -($1,140,000
and
$123,000
each
elec.
Sales of
(M.
(M.
gas
Sales of steam
2,521.422
9,541,251
/ 8,765,422
11,448.551
52,071,853
47,539,800
4,309,464
3,488,070
15,047,912
13,239,793
.
2,335,877
s
■
-
'.
$
79,803.046 335,893,718
36,447,820 151,402,936
10,443,824
7|817
'
628
8.423,354
"9,615,233
12.735.265
income
tax
11,842,823
50,468,299
3,649,800
13,940,000
21,250,000
•Operating
•Gross
Income
income
9,824,016
49,692,673
51,704,255
103,150
299,508
426,724
12,798,548
9,927,166
49.992,181
52,130,979
3,890,140
4,281,992
17,282,501
15,928,437
12,775,176
income—
income
deductions
23,372
____
Net income
*
of
N.
per
share
of
Consol.
adjustment between
income
Y.,
"Before
8,908.408
common
5,645,174
Ed.
32,709,680
36,202,542
Co,
Inc
$1,90
surplus
'
$2.20
third
and
stock
prelerred
called
redemption
for
accounts
$793,360; bank loans, $2,$43,720; accrued payrolls,
payable,
and'
royalties
unclaimed
and
expenses,
wages,
-
.
for
inventory
company
each
for
common
at $48 per share on basis of
Underwriter, Scott, Horner &
stockholders
shares
7
of notification with the SEC
stock.
The shares will be
letter
a
par)
by
Lynchburg.
Inc.,
filed
9
(no
subscription
share
new
Jan.
on
shares
for
held.
will
Proceeds
be
to
used
loans.— '■
bank
pay
165, p. 680.
Steel Co. of America—Definitive Bonds—
Crucible
Bankers
The
'
Trust
Co., 16 Wall St., New York, N. Y., is now pre¬
pared to deliver definitive first mortgage sinking fund bonds, 3ya%
series due 1966, in exchange for temporary bonds.—V. 167, p. 44.
■
Cuban-American Sugar Co.^Coordination of
This
M.
Keiser,
the
629,750
&
31, 1947.
Gross
Other
profit-
8,762
251 ,287
1,081,286
3,683 ,216
Other
debt
on
brewers
$18,001,146
37,355
444, 223
respect
to
Cr239, 322
V;
5,813,210
2,149,507
1,213,079
$11,004,263
$2,289,228
350,770
$4,421,117
146,944
1,882,500
1,093,500
$10.68
$4.25
$3.14
>r
>
(
share
common
./CONSOLIDATED BALANCE SHEET, SEPT. 30, 1947
•
banks
in
S.
U.
Govt,
$2,324,567; inventories, $16,910,070; special
receivable from canfe growers
advances,
interest and rentals (after reserves of $1,628,892),
$1,858,213; growing cane and other crops, $432,013; investments (at,
and
plant and equipment (after reserves for
$13,585,871; unexpired insurance, rents
applicable to future crops, $652,591;
deferred debits, $234,516; other assets, $179,398; total, $49,050,804.
property,
$357,363;
cost),
taxes,
other
of
$22,778,662),
$479,039;
$409,823;
counts,
expenses
$1,393,338;
payable,
saving '
employees'
ac¬
accrued taxes-(subject to
payroll, $334,063;
accrued
-
by -U,
S. and Cuban taxing
authorities),
accrued
liabilities, $349,961; estimated freight and
$5,941,777; other
handling charges
in Cuba on raw sugar, blackstrap molasses and alcohol, $602,305; divi-"
dends payable (see special deposit, contra), $1,648,353; liens (censos)
on properties,
$346,063; deferred credits, $24,589; due to wholly ownedsubsidiaries not consolidated, $84,352; reserves for contingencies, $410,000; 5%
cumulative preferred stock (par $100), $5,381,900; comhaon
stock (par $5), $5,020,000; capital surplus, $7,256,484; earned surplus,
$19,847,795; total, $49,050,804—V. 165, p. 3283.:'
'
review
>
-
been
cor¬
glass
equipment throughout the Dominion
166, p. 948.
$7,443,423;
hand,
on
for
$1,079,256#$11,580,954 $11,718,658 /
Canadiah Unit—
and
(value based on market quotations—$230,230), $224,-'
receivable, less reserve, $2,721,388; estimated amount
at cost
accounts
depreciation
,
„*
*
-
deposit for dividends (contra), $1,648,353;
$1,284,714 $14,046 147 $14,183,853
2,465,195
•;
205,457 * 2,465 ,193
share.—V. 167, p. 249.
and coffee brewing
Cr480,463
3,514,000
income_j
on
receivable for-molasses sold,
Cr6,372
common
464,532
,
"
LIABILITIES—Accounts
per
.214,549
758,757
'
opera-
years
dividends
per
securities,
447,857
Crl9,487
$1,220,309
'
$3,476,370
$7,329,381
dividends
Common
$1,591,640 $17,889 ,724 $18,098,148
3,472,811
289,059
3,638 ,676
36,408
205,457
'
$3,'261,820
$16,303,713
$6,625,935'
1,697,433 V-;-703,446
1,183,673
with
prior
ASSETS—Cash
Cr97,340
stock
pref.
_C
income—_
000;
$1,425,766
income
on
of
Preferred
8,538,749
and expense —
deductions—-—
Z
'
expenses
Net
105,146
3,530,804
346,413
-■
Provision., for. taxes
25,000
debt
disc.,
948.
(& Subs.)—Earnings—
income——
Earns,
$1,711,246
r_
p.
30—
income
Total
r-r~—
long-term
companies are
1947- -12 Mos.—1946 V
1,140,479
income
166,
:
discussion
1947
1946
1945
Sales and operating revenues——-$85,968,292 $48,711,934 $23,283,961
Cost of sales and operating exp3.J__
69,664,579
42,065,999
20,022,140
Years Ended Sept.
the company towards
prof.
excess
made."—V.
the
to both
satisfactory
Cuban Atlantic Sugar Co.
2.03
5.48
4.58.
189 $68,631,365
.$6,729,129 $79,049
31,305,017
41,542, 186
3,459,650
7,053,500
7,557, 000
587,791
$7,587,230
4,080,805
will be
beyond
proceeded
arrangements
when
aft- announcement
reached
not
have
there¬
In connection
■
V •'
said:
considerations
It and
of Cuban-American.
President
statement
2.42
454,178
237,998
mutual
$1.65
201,261
tlO months ended Oct.
and
company
possible
stage.
Per Share
Facilities
Refined Syrups & Sugars, Inc., are considering
benefits to be obtained through coordination of
their
facilities,
according to an
announcement, jointly
issued on
Jan. 22 by Frederick A. Davidson,
President of Refined Syrups, and
the
with
543.846
1947—Month—1946
_____—
~
;T
-
.•
'
1
).
>,
_
Cudahy Packing Co. (& Subs.)—Annual Report—' :*
Crown Cork & Seal Co.,
•
stockholders
The
stock
mon
of
two
Jan.
28
pany's certificate of
'.
44.
:■
•'.*
voted to increase the
without, par value, to
■
.
■
f?'
>'
''
" : Nov. 1, "47
,
.
■
Be
Given
to
Shoe Corp., Lynchburg, Va.—Rights
Stockholders—Annual Report—Charles
second
of
new
and
5%
third
1947, the company
preferred stock for a like number
preferred stocks then outstanding.
Prov.
exchanged 17,808
of shares of 6 %
The holders of
and third preferred stocks did not agree to the
exchange and accordingly said stock was retired on Dec. 31, 1947, a
bank loan of $500,000 having been arranged for that purpose.
The
outstanding preferred stock which the company now
17,808 shares of 5% preferred stock.
has is the
additional shares of
par common stock.
This stock will be offered to present common
stockholders by the way of stock subscription warrants at the price
of $48 per share, and on the basis of one additional share of no par
common stock for each seven shares of such stock presently outstand¬
ing
The company will realize slightly less than $300,000' from tne
sale of such stock, which will be used to reduce the bank indebtedness
The
directors
have now
above
referred
to.
authorized the sale of
and excess
for inc.
Net
■"
.
1
'
1
r•
16,634,107
7,921,285
641,815
prof, taxes " 4,754,000
613,522
9,300,000
726,188
4,690,000
Shares
7,121,707
•1,542,714
6,720,585
1514,238
2,505,097
$4.32
$12.19
income
stock outstdg,—
of common
Earnings
per
$10.
•Par
4,571 shares of second
only
'
12,517,522
——
—
"
President, says in part:
During the year ended Nov. 29,
•
.
Interest
Craddock-Terry
to
'
■
Operating profit
*
'
Nov. 2,-'46 Oct. 27, '45
$ 7
'
$
$
;
Net sales and operating revenues-"- 572,737,202 349,901,504 344,909,594
Cost of sales and oper. expenses— 540,483,167 316,846,868 322,226,467
Sell., adver., gen., and admin. exps._
15,226,662 11,399,375 10,519,563Prov. for depreciation—1,751,751
* 1,608,300
1,542,951"
Taxes other than income taxes
2,177,597 ... 1,902,488 7 1,954,236
Contrib. to employees' pension, fund
578,503
1,510,366
745,092
■>
authorized com¬
1.300,000 shares,
issued in exohange. for each *
An amendment to the com¬
incorporation was filed on the same date.—V. 167,
' ' ''''
V"'
■' Vt ■■
•;'•
on
650,000 shares,
from
V
Years Ended—
Inc.—Stock Split-Up—,
of the new shares to be
the 603,895 no par shares outstanding.
$2.50,
par
no
equivalent to esti¬
mated reduction in federal income tax
resulting from refinancing costs
and other surplus items
($1,140,COO m December, 1947; $3,840,000 in
full year 1947, and
$257,000 each in December, 1946 and full year
1946).—V. 167, p. 432.
and
in
Mason,
V.
above-mentioned
Earns,
and taxes, $12,649; miscellaneous factory
13,521; redemption fund (special deposit for the
Insurance
accrued
c,16834
'
acquis.
plant
/,
shares
Non-oper.
J'
accounts
trade
.v
\
•
"Such
$163,621
240,685
$524,808
47,308.491
3,042,900
(est.)_
43,162
-•».
.
Files With SEC—
Co.—Earnings—
taxes
G. Craddock,
fed.
SHEET, NOV. 29, 1947
$577,743;
second
called
The
for
313,165,778
1 29.686,145
38,190,482
29,207,954
34,008,933
32,199,328
59,736
redemption, Dec. 31,
1947,
$502,810; reserves for
valuations, $600,000; reserves for contingencies,
$60,000; prelerred stock, 5% cumulative (6% to Dec. 31, 1947), par
$100 per share), $1,780 800; common stock, no par value (issued and
outstanding 43.181V4 shares), $43,181; capital surplus, $79,258; earned
surplus, $2,294,908; treasury stock—105 shares 5% preferred (at cost),
Dr$ll,410; total, $9,278,743.-
•Net Profit
After Tax
v
proceeds will be applied by
deprec.——
of Canada.—V.
p.
$
41,396,366
_
than
.
88,211159
_
income
Fed.
• .•
12.760,052
expenses—.
other
..
ft:)
Depreciation
Taxes,
'
lbs.)
revenues
Maintenance
V
kwh.)
cu.
(M.
$
Operating
Operating
stock
one
8,125,776
coffee
December, 1947; $3,840,000 in "■
in December, 1946 and full year
1947—12 Mos.—1946
•
decline
in
1947—3 Mos.—1946
74,538
$127,115; employees' income taxes
withheld, $126,868; accrued income and excise, taXts, $795,019; redemp¬
tion of first preferred stock, $4,400; dividend
on second and third
preferred stock called for redemption Dec. 31, 1947, $13,713; preferred
'
(Canada) Ltd., Toronto, Ont., a new subsidiary, has
formed, it was announced on Jan. 26.
The new unit received its
poration charter Dec. 15, 1947 and will manufacture and sell
8,303,224
69,654
.
43,162 -
129,544
expenses,
of
commissions
and
Cory Corp.
resulting from refinancing costs
/CONSOLIDATED INCOME STATEMENT
1
of
shares.
Cory Corp.—Forms
\
v.:
Period Fnd. Dec. 31—
Sales
'Income Taxes
692,176
•Equal to $2.81
35,247,099
-
*
025,000;
Outstanding-
CALENDAR YEARS
558,984
364,965
Balance;/--—-
11,806,810
.
8,437,400
<M
reduction
and
743.
PRESENT OFFERING
642,008
expenses———
of
Net
Sales Of gas (M eu. ft.)
10,607,815. '9,607,111
42,531,637
39,421,978
Before adjustment between income and
surplus equivalent to esti¬
mated
FOR
882,693:
.
47,053,909
(
.
-
?■
31, 1947), $500,000; mortgages owned—deferred maturities—and
sundry accounts, $52,925; corporate stock and sundry real estate hold¬
ings, $2,052; pension trust, fund, $71,987; properties and equipment
(after reserve for depreciation of $288,342), $1,257,475;. total, $9,278,-
tions
prem.
2,954,966
8,782,340
59,736
u
stock-.
expenses:
Adjustments
Other
44,098,943
(,■
185,864
income—
Sales
'
—
on
Div.
59,556
stock_c___u
Dec.
First National Bank of Atlanta
760,245
908,811
■
*r—
taxes
v::
.
h,219.912
income,
deductions
Income
:
■
42,218,710
8,578,681
11,034,048
Non-oper.
'
34,824
74,538
receivable (after reserves
discounts and doubtful accounts of $283,697), $2,762,751;
owned—current
maturity,
$5,000;
inventories,
$4,022,639;
retirement
■
Net Profits
$688,430
.
J
Amort,
38,828.856
18,500,000
74,478
$227,100
$808,562
stock—
and general
,
.k
,,
Before Tax
,
revenue
Gross
9,725,680 -41,521,999
3,205,000
11,600,000
10,481,723
:
preferred
preferred
prepaid
Fed.
-income
,
$724,527
___.
ASSETS—Cash,
daily and 212,616
Constitution," Southern Engraving Co.,
Theatres Service Co.)
'Profit,
inc.
Int.
*29,968
50,000
for customers'
150,000 shs.
99,140 shs.
loan from First National Bank
evidenced by an unsecured note
/V././.
/,
a
SUMMARY
"Atlanta
Adjustments
vy-
"Second
David
Amort,
69,762,579 291,580,844 274,024,401
32,746,402 135,935,798 118,718.835
7,378,583 ' 33,455,009
25,468,834
8,128,233
26,849,328
28,408,933
76,143,365
expensesi—• 36,587,762
Maintenance
£>',973,204
of 180,078
*y//
$100,000
of
sum
EARNINGS
for
Prov.
Fed.
,.12,512
stock
BALANCE
payment
Oper.
1947—12 Mos.—1946 :-
1947—3 Mos.—1946
$
Operating
Operating
y' "f
/
basis of 99,140
Gross
ONLY)
2,000
543,393
225,000
$1,050,000
General
COMPARATIVE INCOME ACCOUNT
24,262
$800,461
«
800,099
200,000
pension plan—
for year
Common
known as Southern Engraving Co.
Constitution," as well as commercially
outstanding
has
the
Period Erid. Dec. 31—
for
$776,199
inventory
contingencies———
preferred
Third
company
Consumers Power
System
and'-purchased)
generated
.
of-the cost of construction and expansion, and towards
the retirement
of the debts of the company incurred in its con¬
struction and expansion, and to provide the company with additional
working capital.
output of "elec¬
the Week ended
Jan.
25, 1948, amounting to 252,300.000 kwh., compared with 211,000,000 kwh. for the corresponding
week of 1947, an increase' of
19.6%, Local distribution of
electricity amounted to 224,200,000 kwh.,
compared with 202,800,COO kwh. for the corresponding week of last
year, an increase of 10.6%.
company
1947,
___—
PURPOSE—The net
Consolidated Edison Co. of New York, Inc.—Output—
tricity
30,
Authorized
company
•On
T"'"..y"-
2556.
p.
First
offered
of
the
13,182,191
Dividends on;
by
fl947 (TO mos.)__
increased nearly
$60,000,000 to $616,093,838.- -'At Dec.
31,
contingency reserves totaled $16,801,000, surplus $25,421,117 and
capital stock $3,000,000, a total of $45,222,117.
The corresponding
figures, a year ago Were $16,504,000 for contingency fund, $22,686,704
for surplus and
$3,000,000, unchanged for capital stock
a total of
Assets
1947
$42,190,704.—V.
Sept.
-7
carrier
y*v,:F
contracts.
annuity
under
income
increased
income
W.
owns
company
(Including
<y
During the year 1947 the company's life insurance in force
Total
Carey
a
;'/■/-'/.
amounts
Was
of Georgia for an authorized
secured by a conveyance of new building, the
various items of machinery, fixtures, etc., as well as the good will
and name of the company, the publication "The Atlanta Constitution,"
and its other assets, and also by $450,000 face value U. S. Treasury
bonds.
The outstanding loan as of Dec., 8, 1947 is $933,333.
Growth
—
.
proposed
mortgage
Company has a loan instrument with
trustee for itself and the Trust Co.
loan
43.
p.
Insurance
for
for
741,999
taxes_
State
in
,
Reserve
^
34,956
and
declines
for
LIABILITIES—Trade
Atlanta
as
,
from
suspended
been
has
of
as
efficiency.
The
stockholders
stock
Connecticut
1948.
28,
company
v
common
of
to the Public Utility Holding Company
will receive nothing in the liquida¬
pursuant
common
common
Jan.
on
$1,896,173
Res.
the publication, sale and distribution of
daily and Sunday newspaper of general
(Ga.)
metropolitan area, and the South,
.
due on demand.
preferred
$3
circulation
Capital stock (par $5)
-
.
(he
for
original
CAPITALIZATION, GIVING EFFECT TO
stock were closed perma¬
business on Jan. 31, 1948, and the stock was
trading privileges on the. New York Curb Ex¬
.books
close
from
stricken
change
Act
plan.
transfer
$1,703,482
income
valuations
all of the capital stbek of Theatres Service Co.,
motor truck for newspapers, periodicals and
motion picture lilms, supplies and accessories, operating in the States
of
Georgia, Alabama and Tennessee; and also in Kentucky under
temporary authority from the Interstate Commerce Commission.
The New York Curb Exchange has received
The
a
Atlanta
the
company
The
a
proposes
the
36,533
others.
full
Connecticut Gas & Coke Securities Co.—Dissolution—
Feb.
12,627
Federal
Reserve
construction permit from the Federal Com¬
munications Commission, and has constructed an AM (standard band)
radio station in Atlanta known as Station WCON, on 550 kilocycles,
with
5,000-watt authorized power day and-night, with directional
coverage
at night.
WCON has a network afxiliation contract with
the
American
Broadcasting Co. for the ABC, or Blue,
network in
Atlanta, effective Dec. 15,
1947, on which date the station began
operations under a special temporary authorization,
Its ..nighttime
iacilities
are
about 61%
efficient at the present, and engineering
studies and improvements are in process for the purpose of acnieving
Sigmund Sternberger has been elected a member of the board of
corporation, according to Herman Cone, President.
Mr. Stern¬
had been a director of Revolution - Cotton Mills before themerger of Revolution
with other Cone mills to form the new cor¬
p.
in
engraving for "The Atlanta
The
this
167,
$1,859,640
and
deductions
for
Prov.
present.
engages
Constitution,
department
for
berger
poration Jan. 1.—V.
a
does
432.
p.
$1,690,855
operating
Other
The
founded
the
to
company
Sunday.
adjusted to show
of
Net
the
Atlanta
with
subsidiaries of
weekly kilowatt hour output of electric energy of
corporation
Atlanta, Ga.—Stock Of¬
Co.,
BUSINESS—The
which
continued
has
general business conditions of terri¬
tory. served for: the week ended Jan. 22, 1948, amounted to 341,566.748
as
compared with 299.370,241 for the corresponding week in 1947,
this
-».•
15,364,771
admin,
profit from operations
Income from invests, and miscell.—.
corporation was changed to The Constitution Pub¬
Co.—under which charter, as renewed and amended, the firm
when
1899,
Corp.—Weekly Output—
Southern
&
expenses.—_——.i—"120,840,074
sales,, selling,
charter by the Superior Court of Fulton County to do
as
Ihe Atlanta Constitution Publishing Co., its name until
circulation
Commonwealth
of
general
\
a
business
% Inc.
241,900,000
Jan.
Cost
,
Atlanta Constitution on June 16,
Mr. Styles left the paper, after being its editor for only
the name of the firm was changed to W. A. Hemphill
owners
decided to incorporate and in 1875 they were
months,
&
-1947:
1948
24
Jan.
Publishing
AND
Co.,
&
1868.
six
-
Week Ended—
'
-
V
-
Nov. 29,'47 Nov. 30/46
Dec. 1,'45 •
$22,530,929 $17,224,415 $13,958,390
_
_
Surplus
Output—
Co.—Weekly
and
this
of
/
,
ACCOUNT
INCOME
,
,
sales
Co.; Courts & Co.; Clement A. Evans & Co., Inc.; John¬
son, Lane, Space & Co., Inc.; J. H. Hilsman & Co., Inc.;
Norris & Hirschberg, Inc.; Wyatt, Neal & Waggoner,
and Varnedoe, Chisholm & Co., Inc.
Styles
output
2209.
p.
shares of common stock (par
$5) was recently offered at $37 per share, (to bona fide
residents of Georgia only) by The Robinson-Humphrey
associated companies, ex¬
cluding sales to other electric utilities, for the week ended Jan. 24
showed a
10.8%
increase over the corresponding week a year ago. *
Following are the kilowatthour output totals of the past four weeks
Electricity
166,
Constitution
constructed
1947 to produce this product, which
of insecticides.—V. 166, p. 2417.
nn
manufacturers
to
A new plant was
COMPARATIVE
Years Ended—
Net
$30,mid-
fered—An issue of 20,000
development in
the agricultural field by Com¬
been
the production of
the new, potent .insec-
benzene hexachloride.
—
Haute,
CSC
by
has
'
,
Gross
the selling activities of this unit were
handled by the Dixie Chemical Division.
The functions of this division
have now
been taken over by the Agricultural Division.
Solvents
20-year
April.—V.
oeing processed into
the first year of operation,
most
v
v
is believed to be working on a plan to market
debentures'and is expected to be offered about
company
000,000
the Govern¬
The major
farmer after
fertilizer by Gulf Coast manufacturers. . During
ment
The
•
Consolidated Natural Gas Co.—Plans Issue—
it ex¬
1
past year,
Sterlington, La., which it had built and operated for
during the war to produce anhydrous ammonia.
part of the plant's production is used by the Southern
at
mercial
1
.
and
into
Monday, February 2, 1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
>
share
common
tPar $30.
COMPARATIVE
ASSETS—
■
ful
less
reserve
accounts
for
—
doubt-
Investments, at cost or less
—
equipment
——A
deferred charges (incl.
debt discount and expense)^—__
Prepaid
Total
and
and
-
*
16,203,903
47,611,617
—
Inventories
•Plant
Nov. 2, '46 Oct. 27, *45
$3,593,197 $10,545,497 $11,547,947
Nov. 1, '47
——
Receivables,
\
CONSOLIDATED BALANCE SHEET
*
Cash
i467,489
-$4.12
'.' '
*
—
218,127
24,885,987
.
*
-
12,809,360
33,781,435
216,634
11,947,301
22,947,568
259,795
21,685,467
21,197,879
947,612
996,339
.
1,156,736
$93,669,567 $79,986,005 $68,896,829
™V.
w.,
THE COMMERCIAL
Volume 167 Number 4669
LIABILITIES—
Notes
Accounts payable —
Accrued
Wages,
interest
;
$6,516,000
______
4,165,055
$4,822,268
3,456,561
2,723,047
5,595,360
10,359,169
t739,034
______
14,0004000
14,000,000
III™
2,5~OOI66O
for
Federal
and
other
and
>,,,
gen-
mtge. boflds, series B,
Net
1964—_
First mtge. bonds, series C,
for
possible
NOT
STATED
{
profit
$75,250
share
per
5,500,000
3,295,885
18,140,830
surplus
13,124,985
2,968,643
deducting
164,
Jan. 23
on
Operating
Cup Machine
With
company
Wilmington, Del.—Files
Corp.,
47,596
159,337
Net^ oper.'
Nqn-oper.
,
-for
2,890
common
without
loans
Jan.
on
filed
10
inc.—net
$2,255,738
underwriting.
and
will
Proceeds
working capital.—V.
expansion,
for
used
be
161,
34,685
529,912
Int.
and
directors
The
the
Jan.
on
Co.—$2 Distribution—
amount
declared'
27
2659.
p.
dividend
a
$2
of
V.
B.
share
per
The
has
company
&
EASTERN
', ";v•'
I.
E.
Earnings
to
U.
19,673
$1,643,416
23,654
$1,560,475
above),
Bank
Chemical
The
registrar
York
New
of
Tru't
&
Co.,
York.
New
has
Y„
been
UTILITIES
$1,695,932
ASSOCIATES
Dividends from Fall River El. Light Co.
dividends
166,
Cost
profit
$10,856,077
—
sold
7,806,966
$2,271,685
167,987
shipping
and
Service
expense
expenses____
__
^
and
general
182,695
expenses
Period End. Nov. 30—
\l\
! v Balance
Oper.
277,652
income—disct.,
$2,297,837
Provision
Federal
9,578
Federal
income
Excess
tax
5,659
873,000
562,500
in
,
,
BALANCE
SHEET,
tu
31
OCT.
hand—
$1,041,990
Cash
$1,026,012
—1— >
.
61,125 v
(less res. of $1,000)
1,677,736
241,149
435,839
\
> >573,151
'
policy—24,824
Patents—nominal
life insurance
value
1
—
",f 1
:
18,221
—
I
LIABILITIES—
Accrued
$3,748,106
'
-
$507,536 /•; $415,806
78,059
199,645
296,226
205,623
—
taxes and other expenses—____
Provision for Federal, taxes on income____
Earned
stock
value
(par
surplus
$1
—
♦After
:
Balance
166,
per
Feb.
■Net
:
depreciation
>
public-
400,386
<•
/,-
'
of
in
corp..
ELEC. POWER 81 LT. CORP.—
equity
U.
981,380.
-
■.
.
.
above I
•
;
- :s
-
•'
»•
•-
>■''
Total
21,923,486
1.452
1,050
4,097,606
21,924,536
1,360
26,948
530,365
Expenses
1,732,033
$4,881,896
$3,748,106
in 1947 and $207,987
/'.>./
248
:
Fed.
for
129,268
761,608
dividend
directors
on
Jan.
a
dividend
quarterly
of
25
■
of
25
each
cents
■'
1.
/.'?
■■(->
made
were
on
\y
164,000
636,429
4,184,803
3,798,886
20,487,195
requirements applicable
to
respective periods
the
stock
common
INCOME
OF
(Company
1947—3 Mos.—1946
subsid.
v
>
$1,576,914
—
/
on
taxes—other
Fed.
taxes
Industries, Inc.—New Vice-Pres. of Unit—
Assistant Secretary of
this corporation, has been made Vice-President of The International
Derrick & Equipment Co.,, a subsidiary.—V, 167, p. 250.
I
F.'Simpson,
James
the
for
past
four
on
for
Prov.
whether
(E.
I.)
du
Pont
de
Nemours
The
'■>
&
Co.—Plans
'/'-v.,-'
to
plus
This
accrued
was
prohibition
du
Pont
are
interest.
disclosed
of
at
'>*. '■;>> >-.
*
when
of
transactions
affiliated.
du
Pont
between
sought
SEC
affiliates.
exemption
General
from
Motors
a
and
Purchase
of
du
Font's
holdings of Ethyl preferrecf by Standard
and General Motors is by an agreement between the three com¬
panies that standard Oil and General Motors would purchase du Pont's
shares
of
Ethyl preferred should a lease agreement between Ethyl
and du Pont expire without Ethyl redeeming du Pont's stock.
• ;■
>
The lease
agreement expired Dec. 31,
1947.—-V. 167, p. 433.
1,360
26,948
129,268
167,
433.
*'■;
_
29,416,104
23,000,902
381,778
1,914,377
_—1—
of
The
the
>
,538
516,000
636,429
-
The
S.
Studebaker
the
of
117,919
expenses
* After
sale
became
shares
of
effective
The Empire
Steel
——.—
——
928.190
87,073,749
10,942.625
922,496
>- 928,190
70,240,091
-
52,786,587
324.394,238 288,150,461 267,228,108
depreciation and amortization of $85,496,796 in
1946, and $78.843,-114 in 1945. tAfter deducting
for.
Buys War Plant—
in 1945 U. S. Treasury tax notes.
f;
'
" / >
of details for transfer of a Des Moines, Iowa, wartime
to this company for $3,425,000 was announced on Jah.
20 by the War Assets Administration,
The plant, built by the gov¬
ernment ,in 1945 at a cost of $6,485,000,
was operated by Firestone
$2,745,016 $10,110,131 $12,329,020
.
plant
the
equal to about $63 per share on
outstanding before payment
and. liquidating of the.company;. The
$7,430,000,
Empire Steel stock
to selling
about
Corp.
Dec/ 31.
is
now
-•L
~
.being
operated
subsidiary of Studebaker Corp.—V.T67, p." 250.'.""-
a
as
'
■"
wholly owned
"
:
war,
the
.
producing heavy
company
tires
duty tires
i<
for military use.
Since
to operate the plant at capacity,
tractors and other heavy equipment.
has continued
for
farm
Changes in Personnel—
V
;\:'V
./
r';''
Harvey S. Firestone, Jr. has been elected Chairman and Chief Exec¬
utive Officer. He was formerly President and Chief Executive Officer.
..
Lee
R.
Jackson,
President:
John
formerly
J..
Shea
Executive. Vice-President/ has been elected
been elected Vic-President in charge of
has
H. Hollinger, - formerly Secretary, has been elected
Treasurer; and Joseph Thomas has been elected General Counsel and
Secretary,
John W. Thomas, formerly Chairman, will continue as
Honorary Chairman.—V. 166, P. 1354.
.......
j.,*
finance;. Harvey
_
.
'
>
war
manufacturing
Liquidating
Incident
reserve
during
$1,394,284
/
$35
Corp.) for
.
—r_
rubber
assets of
of
surplus
14.156,787
14,711,087
15,025,620
Completion
164,000
Co.,. the surviving corporation following sale
Empire Steel-Corp., has declared an initial liquidating
per share, payable Feb. 2.
/.
stockholders
on
Dec.
19
approved
the
sale on Dec.
19 to
E.
dividend
—
1947 and $81,655,179 in
the
'«
i
/
"
85,000
p.
''."■ •■S" >
41.400.000
63,000,000
46.770,850
—-
-
$25,819,430 In 1946 and $32,908,041
530,365
761,608
Empire Steel Corp.—Pays Liquidating Dividend—
;
Oil
1,567
37,737
24a
5,2041
15,200.000
28,992,822
debt
Total
on
income—_______
Net
—V.
company
//
Earned surplus—-
Sell
>:
plans to sell 36,497 shares of 7% preferred stock
Ethly Corp. to Standard Oil Co. (N. J.> and General Motors Corp.
par
;;,y
v.
income
Ethyl 7% Preferred Stock—
14,156,787
7,480,004
42,600,000
48,785,850
42,000,000
Capital
6,018
-
inc.—
taxes
;7,861,442
stockholders int. in subs._
513,840
458,123
Foreign bank loans
———2,511.280
Accepts, pay. for crude rubber shpts.
3,287,433
Advances
under
government
con-■'" ■ ■•'
tracts
(contra)
—-—--i
Accounts payable
——25,527,853 20,204,169
Other payable and accrued items—> 15,591,577 ,18,748,808
tAccrued Federal, State and local
)
.■ . t: >
taxes
32.9P6.64i3
17,984.126
■
1,050
•
"
48,770.850
40,000,000
$3,043,736 $11(547,472 $13,404,231
87,076
Fed.
2,809,879
68,426,722
•_
Minority
1947—12 Mos.—1946
1,452
426
Expenses
deduct/ from
-
:
—_
Only)
>
■
10,143
—
years
Int.
69,761,564
288,150,461 267,228,108
thani
income..
taxes
Other
81,851,590
■
324^394,238
,,
i; Dresser
;
28,512,15P
2,140.000
98,895,787
7,158,293
—
.
preferred stock (par $100)„
Common stock (par $25)__
$3,042,284 $11,546,422 $13,398,213
15
$1,576,929
Total
;30,H7,305
s
-——123,025,265
—.—;
LIABILITIES—
"•
income;
Other
and Dec. 17, last year.—V. 167, p. 250.
21, June 25, Oct. 23
from
inc.
—Consolidated
.
19451'
-
refund bonds—__i
4»/2%
17,730,526
unearned.
Period End. Nov. 30—
Gross
>
SUBS.)
77,077,351
61,766,451
2,297,012 >2,224,518
516,000
cents
;■
'V
1946- -'
notes receivable--—v 77,467,141
under. Government con-
assets
Long-term
STATEMENT
declared
28
tax
1,946,876
•
$7;13
>•*$
25,007,666
•"
-
-————-
Reserves
surplus>____
or
"1
'
building, equipment—^— • 88,931,532
Deferred charges
—2,804,340
on
85,000
Balance
9,984,162
v
-
9,619,901
31. (^SGL.
OCT.
♦Land,
538
inc._
taxes
- 681,193
3,892,741
r;u
and
held
Other
6,018
1
37,737*
5,204
87,076
from
income
in
"r >'
10,143
—-~r-~
deduct,
Int.
-'■
(at cost)——,
Total
426 '•
income
taxes
;
profits
2,50^,000
18,805,737
1,567
4,367,448
-■
taxes—other than
—%J.
Fed.
17,488,604
.
-
bonds
Treasury
tracts (contra)^.::
18,799,719
4,036,154
>•
:8,290.745
and, expense.
-J;
S.
Accounts
.
4,367,433
_
16,310,846
1,752,750
BALANCE SHEET,
-
970,750
16,446,735
1,957,532
;
4j869,302
_v-1,950.834; ^1,950,834
1.951,434
share—:
$ 13,45.o.••/;-. $13.-21',.v,:/ $7.42
per-comu
Excess
■> ,A)>
18,799,719
21,923,486
15
(as
income
Other
18,450,026
-
;
1,380,681
*.
—
7,808,336
period-—'
58,153,832
36,850,000
1947,-
l',603;7.86'
4,601,545
-180,861 »-1,176,904
'
-4,367,433 >4,036,154
724,516
.
-
•ASSETSr-,'
..-
Cash
-
for
-V
.
1,443,350
27.682,878
;• 1,903,530
27384,885
24,701,935
40Q.387
,
——1.
dividends.—
CONSOLIDATED
min.
to
"
495,991
—_
•Including; debenture discount;
Dr28,789
4,677,402
•
26,977,878
$10)
Earns,
6,810,270>
8,468,197
1,728,973
1,906,977
28,223,944
33,1.70,132
-
Cash
450,000
$257,236
of
.
(par
•
31,850,000-- 37,800,000
5,000,000 > 2,500,000
385,937
17,750,000
Common-shares QUtstdg.'
Co.—Dividends Quarterly Hereafter—
Cup
Distributions
••
res.
subsi.—Cons- :
of
Other
share cn the common stock, payable Feb. 25 to holders of record
10, and adopted a policy of hereafter declaring quarterly dividends
March
to
equity
inc.
2,674,791
1992.
p.
709; 144
2,560,223
_
taxes.
dividends
dividend?.
Surplus
•v
>
;_/
income
pfd.
/
66,560,623
60.366,9)2
59,124,582
1,531,755 > 2,176,827 ' 2,083,055
47,674,038
profit
pfci,
1944
>
651,410,411
64,934,321:58,714,805
1,626,302
1,652,107
1,990,731
Prov." for, contingencies.
6%
1945
J
45,683,307
>ljl
for
4V2%
1946
,
;
—
income
Common
"
Report
SUBSIDIARIES)
578,884,038 501,780,038 592,786,931 579,389,804
13,879,821
11,119,064
30,242,337
13,866,776
opers.—^_;
Inventories
450,000
_______
this-issue.--:
on
653,075
from
income
Net
1947
.
(INCL.
ACCOUNT
&
deductions
27,514,800
32,517,057
6,406,375.
4,994,668
applic.
♦Full
The
6,341,923
64,452
>
51,363
r-
etc
♦Interest
346,882
6,901,645
interests1
earned
Dixie
346,172
6,850,282
______
—
div.
♦Pref.
Portion
745,000
share)——
per
-
for
reserve
1946—V.
88,245
INCOME
admin.
Prov.
235,545
(net)
to, franohise
Trans,
875,284
—
.—
„
With SEC—
$
Misc.
18,383,017
86,24$
income
Prov.
Total
after al¬
preferred
Earned sur¬
6%
19
expenses
Total
"
payable—trade—
deposits and credit balances
wages,
Common
256,958
17,986,408
a
Net
Total
Accounts
income
mfg.,
Profit
Other
of plants
Ipt.. to public- &, other,'
r.deductions <net> -_:__
15,270
X $4,881,896
Prepaid taxes, insurance and other items
Customers'
64,668
4,128,341
21.963
>-869,649
of
♦Property, plant
64,239
4,478,682
adjust
deprec<___
&
income
Gross
1,138,224
."
and equipment___^________L._>:'T,484,848
value
surr.
1
>
securities
'
plant
1946
the lower of. cost or market—_
Accounts & notes receivable
Inventories—at
•"•'•v $
,
;
/| I
-
.
1947
States Treasury
United
2,566,208
_____________
Oper.
•
$2-12
ASSETS—
on
3,220,718
of
sel'ing
of plant and
>>':■"y;,':-I:
respectively.
and
value
par
638,447,166 577,833,423 681,744,073
Depreciation,
2,600,000
for lease
Other
banks
Jan.
sales
Cost
'
taxes
utility
approp.
(net)
equipment amounted
to $74,796 for 1947 and $43,564 for 1946; amortization of dies, tools
and patterns
for the - two years amounted to $150,330 and $63,615,
NOTE—Provision for depreciation
in
of
'
Prop, retire. & depl, res.
$954,138
393,750
$1,415,259
:
472,500 V
——
Earnings^ per. share———__—
Cash
of
Amort,
Rent
profit
Dividends paid —1—
lieu
';
income
on
182,500
——>
Net
'
3,982,876
Jf
acquisition
surtax
—_—_____
2,159,105
taxes
taxes:
and
tax
profits
12,867,12.9
2,292,160
^.1
taxes,
Other
$1,704,797
charges
for
Normal
on
*•
;•
v.
143,000,527 127,507,714
56,713,883
49,993,737
8,689,679
8.593,559
14,737,492
8,863,905
11,753,878
1 0,976,269
31,436,337
14,623,887
'
" 19,526
19,741 y
interest & sundry
Total
Miscellaneous
.
$100
of
Corp., Denver—Files
company
Years End. Oct. 31—
Net
$
35,319,242
_______
__________
Chgs.
:
.'
2,940,871
revenues
Operation
$1,685,271
$2,278,096
Miscellaneous
shares
24,000
were
CONSOLIDATED
1947—12 Mos.—1946
1947—3 Mos.—1346 r>
SUBSIDIARIES—
Maintenance
'
U. S. certificates of indebt-
cash, $309,779;
Firestone Tire & Rubber Co. (& Subs.)—Annual
ACCOUNT
INCOME
$
140,776
374,478
———.
Administrative
CONSOLIDATED
4,951,912
$3,049,111
213,842
—
—-
Selling
1,371,298
Electric Power & Light Corp.—Weekly Input—
the week ended Jan. 22, 1948, the System input of subsidiaries
this corporation amounted to 62,202,000 kwh., an increase of 9,196,000 kwh., or 17.3%, over the corresponding week of last year.-
1946
$7,223,597
1947
:
products
of
up
filed a letter of notification with the SEC
for
2,500
shares of 4V2%
cumulative,
non-convertible
($100 pari
preferred and 5.000 shares ($5 par) common.'. Underwriter, Robert L.
Mitten Investments, Denver.
Proceeds will supplement' working capital.
For
*
Gross
included
assets
Finance
of
Years Ended Oct. 31—
sales
making
Current liabilities aggre¬
land, buildings, machinery and equipment at $1,974,993,
depreciation.
The
157,911
paid.
assets
current
total assets.
2659.
p.
Divco Corp.—Annual Report-
Net
16,739
250.
p.
in
showed
31
Oct.
stock, and 20,000 shares of $100 par value common stock.
plus was $1,420,638.—V. 157, p. 1843.
50,307
1,371,298
dividends
167,
of
as
the $6,396,543
of
93,024
$1,538,395
ps
Convertible
the
lowances for
$1,698,466
$1,695,820
dividem
—V.
Carey Mfg. Co., has been elected
King, President of Philip
for
sheet
balance
Outstanding
15,436
Common
director.—V,
and
100,086
taxes).
13, sa'd:
236,240
283,350
Interest
]■■'■■■■ Diamond Match Co.—New Director—
"a
income
on
inventories,
other
$1,462,225'
60,266
(including
.
6%
$1,000,000; accounts receivable, $549,660; notes receivable, $1,700.
$1,781,656.
Prepaid expenses totaled $181,801 and
assets, $25,257.
Phosphate holdings were carried at $571,607
ness,
1946
1747
$1,608,259
$518,180
$18.74
gated $952,505.
Only)
Association
(Holding
12 Mos. End. Nov. 30-
Taxes
267,209
$281,62:
$6.88
preferred stock.
$826,546
$34.12 '
statement to $500,000.";'
our
on
Current
ap¬
$548,832
381,852
conservative policy that has been exhibited by
with the
$3,642,885
160,071
$648,036
Balance
Robert S.
item
$1,856,003
175,789
•
Expenses
N.
$900,032
509,821
Collis, President, on Jan.
line
1945
$1,336,367
,
allowing for dividends at rate of
V.
The
; $1,823,825
i™-™.--.™!—
1,79'
$158,03
1946
1947
taxes;
before
profit
"In
and
the common stock.
The Guaranty Trust Co.
transfer agent.
See offering in V. 167, p. 433.
for
sole
is
$126,520
directors, there has been transferred an additional $200,000 from earn
ings into the reserve for contingencies.
This builds that important
236,241
$1,871,609
pointed
$11,607.
income taxes
♦After
$1,619,762
263,350
shown
(as
Balance
Appointed—
Inc.—Registrar
$11,715
—
—L——;
♦Earnings per common share——_
$1,619,762
Jncome
EASTERN
9,611
Years Ended Oct. 31^—
Net
$1,530,475
Expenses, taxes and interest-^
153.
-V DeWalt,
;"
Federal
■
Total: ;
76,000
344
65,530
251.
R.
Earnings
ASSOCIATES—
subsidiaries
of
76,00
6,333
•
77,652
22,912
A
$235,82
1,258
deductions:
E.
$212,131
Federal Chemical Co., Louisville, Ky. —Earnings— v
$1,721,068
Co.
UTILITIES
Non-subsidiary
' ;''■>
$4,053,236
was
granted by the board of directors on Jan.
26.
Previously it
had approved $7,711,706 worth of rolling stock, including three 1,500
horsepower diesel-electric locomotives, three 6,000 horsepower diesels
and
four
1,000 horsepower
diesel switching locomotivs; 15 stainless
steel passenger cars for the forthcoming
California Zephyr stream¬
lined train; and 1,415 freight cars, mostly all-steel gondolas.—V. 167,
p.
15,621
$1,661,039
$1,583,387
dividend
G.
167,
$170,29C
$18,284
6,333
charges
John
Authority for the purchase of 800 new freight cars to cost
.
420,987
10.
$103,122
Balance
order a total of almost $12,000,000 of new
this year,
according
to
Wilson McCarthy,
on
delivery
for
$19,30-3
$126,507 ;
85,624
741,995
371,221
77,652
4.48
$140,702
Applicable
President.
737,769
>
'
-
equipment
34,657 )
Applicable of minority interest—4-™-
Rio Grande Western RR.—Orders Equip.—
Denver &
61,879
on
stock, payable March 5 to holders of record Feb. 13. A
was
paid on June 20 and Dec. 15, last year.—V. 166,
common
like
$199,668
72,808
—V.
$2,903,723
$2,785,650
$244,542
accru._
Balance
Preferred
Davis Coal & Coke
5,641;
income
Net
30,584
res.
amort
deductions
Misc.
bank
pay
$12,643
6,813
366,711
2658.
p.
$12,494
inc.^—net
accruals--
res.
Interest
1947—12 Mos.—1946
$1,385,432
1,053,063
860,922
150,677
136,137
209,603
218,080
revenues—
—
!
-
$1,539,850
16,183
10,882
oper.
Retire,
'
:
$115,759
74,701
13,038
15.317
97,883
—
Balance
below.
Jersey
$137,442
i____
'
Net
$2,537,012
42,353
»
Retirement
y
'
$164,983
$202,189
revenues
Balance
letter of notification With the SEC
28,900 shares (10c par)
pro
rata. 4o -stockholders
a
shares ($50 par)
preferred and
stock.
The shares will be offered
1 and
Co.—EarningSr—
1947-^-Month—1946
;
revenues
;
Non-operating
SEC—
The
Service
825,702
Taxes
value in 1946 and 1945.—V. 166, p. 1253.
par
1947—12 mos.—1946
$1,123,800 $13,954,045 $12,775,024
729,011
9,235,256
7,741,770
4.4,232
557,509
557,890
185,574
1,905,542
1,930,351
$1,234,823
revenues
Taxes
Subs.)—Earnings—
1947—Month—1946
Ma4ntenance
tRepresented by shares of $10 par value in 1947 and. of $30
$4,611,000.
.
Period End. Nov. 30—
Operation
in
New
of
Period End. Nov. 30—
953.»,
p.
Co.
Fall River Gas Works
Maintenance
$68,896,829
$19,156,819
1947,
in
Oil
Operation
1946
$24,180,221
of
Standard
See
Operating
tAfter deducting U. S. Treasury tax notes of
reserve
in 1945.
1948.
6,
$0.15
9,612,599
$93,669,567 $79,986,005
——
$18,669,892
$33,967
Feb.
Esso Standard Oil Co.—New Name—
Eastern Utilities Associates (&
*After
25,000
>
record
—v.
10,090,000
14,024,670
paying
The arrears as at March 1, 1948, after
this dividend, will amount to $4.50 per share/> •
\
Payments in 1947 were as follows: March 1, 75 cents; June
Sept. 1, 50 cents each; and Dec. 1; $1.25.—V. 166, p. 1681.
of
1992.
company
declare^ a dividend of 75 cents per share
payable March 1, 1948 to holders
22
Jan.
on
convertible preferred stock,
filed a letter/of notification with the SEC
for $125,000 5V2 % debentures, due Feb. 1, 1978, to be offered at par.
Underwriter, Bicren & Co., Philadelphia. Proceeds will be used to ad¬
vance subsidiaries funds for capital improvement and working capital,
2,000,000
10,000,000
15,427,137
3,295,885
'
Capital surplus
and
90.614
3C.750
directors
the $3
on
58,967
$57,864
$0.26
$0.33
The
$599,049
Eastern Gas & Water Investment Co.—Files With SEC
The
tingencies
5,500,000
4Va% pfd. stock (par $100)—_
10,000,000
tCommon stock—15,427,137
Total
I
\
}
r.™:
—v..'..16$,'p.
tory price declines and other con-
Earned
taxes
Earned
inven¬
future
)
charges
1945
1946
$906,114
14,300,000
19o7_
payable to banks—
Reserve
after
Federal
in¬
taxes_—,
come
Profit
V
;
Corp.—Declares.75-Cent Preferred Dividend—
Equity
y
1947
$1,054,854
.
5
! 1
^
'
i
(545)
CHRONICLE
t.
..
.....
sales
Net
3,812,836
Reserves
Notes
FINANCIAL
•
.
3 Months Ended Oct. 31—-
$13,750,000
taxes, etc.—3,495,300
eral
First
others,
and
maturities—
current
&
.
Duro-Test Corp.—Earnings—
:-■!1
i
banks
to
pay.
incl.
_.'v
.,
.
.
6
THE COMMERCIAL
(546)
Corp.—Earnings, Etc.—
First Bank Stock
The
Jaffray,
■
S.-P
y-:< .-y.y
'First National Bank of Minneapolis and six
$14,000,000.
and
.Saint
Paul,
losses
Total
ances,
deposits at
to $262,181,255.
corporation has
The
1149.
-
Edmond
kwh.,
of, 17,473,951
increase
an
p.
that
F.
.,?/: v/
'
••
the
matter
of
be
on
The
Steel
directors
the
on
of
$6
Feb.
$61.50
per
6.
Nov.
28
stock,
no
par
Arrearages at Dec.
V'
each
1947, were reported to amount
made
were
Feb.
on
May
21,
15,
Aug.
All
and
the
properties
conveyed
the
and
of
assets
This
stock
Bell
holders
of
71,790
all
large
the
blocks, of
of
Jan.
Corp." on
Aircraft
Bell
this
company
tenders
York
First
received.
are
invitations
tender
to
Georgia & Florida RR.
1948
has
Corp.
Operating
the
reserved
—V.
these 150,000 shares.
'> '
price to Bell stockholders will be $18.50 a share, plus
,.25c
a
share which
will be payable
to any broker who assists in
obtaining stock for tender.
In the case of the large blocks of stock,
since
no
brokerage is involved, the price to be paid will be $18.75
a
share.—V. 166, p. 2557.
\
U ' .
right
in excess of
take any stock
to
not
The
The
ready
arc
H3oth
dividend
will
when
steam
generate
deilvered
installed,
and
be
ready shortly.—V.
165,
date.
same
taken
was
class
he' said.
coal-fired
•
..
•'
/
.«•
-
Ohio,
'■ r'
—V.
167, p. 45.
In
manufacture
of
as
Dec.
annual
31,
<
1947
Frank
report
assets
net
$2,737,347, the decrease for the
Net
to
assets,
$18.18
after
standing.
Net profit
of
the
all
dividends
taxes,
sale
securities
of
which
of
long
was
interest
and
the
for
all
cents
the
on
from
Was
Common
long
Stock
$1.50
was
capital
term
share,
per
Which
of
fiber
STATEMENT,
YEARS
bonds.,.
on
1945
to
•
Transfer
accrued /:;;/
regis, fees,
&
custody
of
aud.
report
it
7
,7 177,497
214,790
$988,804,
$1,154,274
1,380
13,727
$1,527,714
7,797
35,301
present plant
the
primarily
in.
yarns
structure
37,988
,
is
efficiency
149,520 -77
39,724
sales
is
in
1947,
$16,668
in
1943,
$797,763
$58,244
STATEMENT OF
-
in
which
it
which
crucibles,
20
continuous
is
this
in
number
by
about
SURPLUS,
1,
continuous
fiber
yarn
(in
•
•
'
December
has
been
.,
1,723
December
that
it is expected
and
be
the
of
installed
;
haS-increased,
oh
previous
skate,
to bc
/board of directors may
Common shares
balance
$105,849
$97,104
profit on securities
sold during year
JExcess prov. in 1944 for
$139,134
$181,682
State
Divs.
1,319,508
tax
1,548,209
______
stock
com.
on
.
.
4,512,851
,
•
C.
,
On Jan.
articles
2,783,946
the
(b)
7
10,800 outstanding
dends
the
on
into
capital stock
purpose the
determine.
in the uses to which capital funds may be applied are
and development of properties for additional oil and
production and the expansion of refining, transportation
marketing facilities and the making of funds available for similar
purposes to subsidiaries-or companies; in
which the corporation has
aequis't'on
the
and
gas
at, the-rate' of 600
it will amount-,
1948
pipe - line-isystems;
conv.
from
v$lf.0^,000 ;fof?ma;flho ^qufothent,;7$i4;522;0007fqr;;.
miscellaneous.. •
cortimon
accrued
f
on
Undistributed
Previous
sold_
securs.
the
"$89,105
$97,104
.
$105,&'49
-$139,134
Income-
366,930 *
553,471
330,308
-
343,759
VExcess provision
)Net
inc.
Dec.
for
31
3,592
1,396,360
1,334,15t
$1,949,831
$1,701,084
above)__
•
'
(d) ?
divs
State
tLess
and
and
for
?
$366,030
$330,308
14,762,381
15,585,574
municipal
income
paid
1940.
•
taxes
therefrom,
,
.
of
$16,000
tax of $1,300
*.
flln
1943
in
in
1945,. and $20,000
and $470 in 1944.
Federal taxes and tax
for
'
,
1947
: ?7 1/
ASSETS—Cash, $343,572; cash deposited for dividend oh
ntock, $69,750; dividends receivable, interest, accrued, etc.,
United
(at
States
treasury securities
(at
cost), $4,325,707;
cost); $18,564,161; total, $23,466,646.
7
•
,
■
the
units
/- and
$163,456;
preferred
on
stock
this
corporation
employees,
and
steel
2,
the
The
on
the
corporatfon
Jan.
and
steel
28
to
mills.
j*
number
tories
as
and
rapidly
other
as
asking
business
possible.—V.
its
increase
the
flow
of
sqrap
iron
167,
p.
and
252.
into
'
7
the
steel
mill
furnaces
-:?7-. No. of
Shares
:-
32,000
Milwaukee Co^-i^l—hL
First Cleveland Corp.£
25,000
The
The
27,000
Ames, Emerich & Co., Inc.. 18,000
William
R.
Staats
18,000
the. construction-.of additional
fiber yarns or bonded mat
with
the
operation of such
^
Stein Bros. & Boyce
&
Hill Richards
15,000
Co.—
& Co.:
10,000
—_
10,000
Ohio .Co—10.000'
Piper, Jaffray & Hopwood.- 10,000
Prescott,
&
V.
CO.,
167,
Hawley,
Inc.—
p.
433.
Shepard
8,000
1922
in
business
& 30,. 1907.
.
.
PRESENT OFFERING
Outstanding
-V
Authorised
No Indenture
$69,000,000
No Indenture
:
V
3.000.000
No Indenture
100,000,000
No indenture
12,000,000 shs.
15,000,000
-
11,345,250 shs.
BUSINESS—Corporation Was? incorporated Aug. Q, r 777
Pennsylvania, to : acquire, through exchange of stock, the 7 7.7 : ,
and • assets 'of "Gulf ' Oil- Corp.
<N.; J.),1 incorporated ,-Jan.; . ,
.
•
HISTORY
AND
.
corporation, directly or through its subsidiaries/ is engaged*
in the production, purchase; * transportation, refining and
sale of crude petroleum and products, derived therefrom, or in busi.
/
nesses
related thereto, in the United States and in foreign countries.
//Corporation ahd certain of its subsidiaries are actively engaged in ,•/ 7.
exploratory and development work..,;in connection with the acquisition
?- of oil for future requirements.
,7.?'-./."/f"?,-?/?'?????.?:TiC?*:.:.?-?The* corporation
and its-doinestic subsidiaries constitute an jnte- ?*/ •;? ■
The
principally
? grated
unit
itr the
petroleum industry,'/owning reserves
of crude
petroleum in numerous fields in. Texas, Louis'ana, Mississippi, Okla"homa;/Kansas and New Mexico, and in, a shialler number of fields
v in.
Michigan, Indiana, Illiriois,'/Kentucky, Arkansas and California.*
■•:.7-. V,.
Shares
Corporation and certa'n of its subsidiaries own crude oil refineries
Goshia &
7.7,500
Saunders;" Stiver /&; Co,c_7,500 T arrd natural gasoline /plants, pipe lines, tank cars, tankers -and .other
marine
equiprftent. and
iri addition* have marketing 7outiefs and
Clement A. Evans &7'Co.; .:;:'Kr
r *
-S «Tnc.
^'..77,000;/ equipment in 31. States and the "District of Cblumbia;\
•;
Refined products, • consisting- principally' of gasoline, fuel oily, gas
Barret, Fitch &'Co.,' Inc'._ —
5,000
by each are as-follows:
/-
No. 6f
••
•*
.
.
7.7
L
?
naphtha, kerosene, petrolatum and wax,
and retail or»through jobbers chiefly
the Mississippi, River and "in* the
( Stales of Texas, Arkansas. Louisiana, Oklahoma. Arizona, New Mexico?8/
Colorado, Missoufi. & Wyoming; Gasoline is sold by the corporation andf
5,000?"
' 5,
Quail &
5,000 7,. certain of. its? domest'c subsidiaries, under ,.,the,-principal-) trade names
Westheimer & eo.-iTiA"--!?"; 5,000- : "Gulf N6-N0X" /and "That Good Gulf Gasoline."., AhtomotiVe motor ?-: "'
oils are sold under'the principal trade names "Gulforide," ".Ctulffld'be,>
Woodard-Elwood5,000'
"Gulf Supreme,'-'-"Gulf : Dieselube
H. VD."- and/"Gulf Aviation; Oil.''.,
'
Rowles, Winston jfc Cp._Ui' 3,000
Greases/for-' automotive use. ere 'Sold under'the principal/trade/ nain-es
Mead, Millet', di Co.l:?/'^—l'?:. 3,000
"Gulfflex Lubricant-V "Gulf Hypoid Geaf Lubricant 90—All Purpose
V"'"
SVr----?
■
Type" and "Gulf Transgear Lubricant E, P."7 ?' : 7; •:/. * " ^ 7 ?;-y:?? ;•
Boettcher
&
Co.^^fi'-LAir : 5,000:';-|
5.000f
Mason-Hagan; Incf lii'j.i.'-i:Wm. J/MeripkaCo., Inc.'
Bell & Beckwith______/7— 10,000
Mullaney, Ross Si
7
Dempsey-Tegeler & Co.___l 10,000 " J. R. Phillips Investment Co.
Merrill, Turben & Co.__7__ 15,000
The
■
the
of
shares to be .purchased
C. Allyn & Co., Inc.—£
Estabrook
r '.
365,000
places
of
£-'v:.';//.-
•
employees, its 15,000 dealers
and managers of all its plants to cooperate in launching immediately
a
nation-wide voluntary scrap metal drive.
The purpose of the drive
is to get every pound of scrap metal out of the homes, farms, fac¬
is
for
(
•
production and employment ift.1948,
launched an all-out effort among its
divisions
or
Kebbon, McCormick & Co.-i 52,000
A.
7
continuous
connection
-
///
1948,
of maintaining
dealers
into
of
in
■Aj
Jari.
\
interest
capital
•
payable
•
the
manufacture
working
UNDERWRITERS—The /names
other securities
General Motors Corp.—Launches Scrap Metal Drivein
etc.)
fillers,
linings,
the
for
for
facilities.
preferred
$69,750;.payable for securities purchased, $100,103; reserve for accrued
taxes, etc., $26,000; $4.50 cumulative preferred stock ($100 par), $6,flOO'.OOO; common stock ($1 par), $1,638,898; capital surplus, $14,802,799; undistributed income, $539,992; undistributed security profit, $89,105; total, $23,466,646.—V. 166, p. 2557.
-.
v
'7-
company's
•
LIABILITIES—Dividend
.
;
*
notes
-
larger than those incurred in
payable
banks——""- /
1%% note payable to* bank7_________
2%% -10-year instalment notes (held
by a wholly owned subsidiary)—
2Var/r
25-year instalment note payable
r
to
an
insurance co.7:. ;-;7-.:-,7
J_ '
Capial stock (par $25)—
$500,000 for the
insulation,
»*
7 7^7/7-7
:777
.
;
-
'
/
(exclusive of accrued interest)
indebtedness to the Reconstructioh' ■ Finance Corp.;
construction of a> bondedtmat plant; • ;
(c) $300,000 for the construction of an* air filter plant;
(d) $600,000 as working capital for uso in,connection with jh'esent
plant operation^, the operation of the proposed bonded mat plant and
;the operation of the proposed air filter plant; and ,'
s
(e) The balance of approximately $1,037,934 will be used for the
construction of facilities for the manufacture of superfine fibers (for
of
(b)
1945,
BALANCE SHEET, DEC. 31,
7,
,
$553,471
14,802,-799
7
374,000
606,734
14,802,799
Federal
dividends
refund
302,250
458,891
$539,992
inc.—
279,000
868,616
77.777-:7-:>:7-77;:7-.:77;:'7 7':7;7-:.i v;f
$549,850 for the payment- in full
(a)
7
feeett reached,: : it - appears that.
■
CAPITAtlZATfON, GIVING EFFECT TO
1 Vz "r
-
PURPOSE—The net'proceeds (approximately $2i987,784); will be used
'
$1,311,043
1,130,840
-
capital surplus
1944,
$1,128,071
279,000
dividends
•After
Sn
-
were changed into 89,150 com¬
the additional common * shares- so
to stated capital from:7 the surplus
shares
of
transferred
was
.% as- follows:
-
Total undistrib.
Total
respect
arising from the reclassification of-the convertible preferred
shares." 777"7;.-/:7
7;;77;7..:'/SSr'"
7
963 692
'
797 763
:
-
Common
$84,150
in
ended
Total
Preferred
and,
,
substantia,! portion will be for oil' and gas cxploritiori
and
the increased
production • thereof, '' Corporation doe&:.not
consider it feasible to allocate any of the proceeds of the issue..,
($832,150)
'
year
(as
shares
issued,
balance
outstanding common
5,000
mon
7definite
1947 vandr that a
.
divi-
preferred shares whfe waived and released; and
no
capital
the ^authorized
756,000 shares;,
preferred "shares •;were, changed
shares.to
sharesi'-icr -all
conclusions -have*
expenditures, in 1948 will be
While
so .that ^ (a) \
175,000
convertible
247,850
its
-
Profit
of the
;1948
amended
were
increased
were
reclassified
and
Drl,327,507 Url.556,953 Dr4,556,136 Dr2,826,494
incorporation
•
capital
.
($1 par)
shares
of
at
Included
10, 1948, the company effected a recapitalization whereby
of
common
;£
..10,000
______
•
or
+
refining, $26,720;000 for .marketing and $5,117,000 forEFFECT TO PRESENT FlNANC'lNG..
■..expenditures.
'"vt7*
^• ."-v
7
.Authorized7 Outstanding '
The' general scooe for a program of capital expenditures1 fdr
750,000 shs.? 7 \ 7<M),0,00 bhs. :
and iimmediatelv f succeeding
years is under active .consideration.
GIVING
1944
•Net
the right
shares of
of the issue is to raise additional
and to become a part of the gencfal funds
purpose
added
The net, proceeds * from the sale of the
applied from time to time to any cofporate
'ba
Will
-
stock
corporation:
as
approximately 67,000 pounds per month. Annual production there¬
after is- expected to amount to about 900,000 pounds; 7 V 7, -7- - ' 7,
-
sold,
securs.
/
its
is offering to
(EST) on Jan. 27, 1948
for all of th? 2,269,050
at 3:00 p.m.
per
.
tProfit
double -
'7 7.7. ■■■" /'7' /•- '
/,, }
■■■■I
tour
PURPOSE—The
funds
'
.
$51
to'
CAPITALIZATION,
7
check
cert:fied
____
by May
.
-77 7,"
7-
at the .rate of one share of the additional capital
shares held.
Subscriptions are payable in cash
or
bank draft in New York funds to the order
Bankers Trust Co.,
agent, 16 Wall Street, New York 15, N. Y„
or before
3:00 p.m.
(EST) Feb. 10, 1S48.
each
for
,,
7:7" 7
7,547
112,999
the end of December production was running
By
Rounds per day,
I'-
capital stoc|c,
1,832
31
1945
1946
capacity
at
subscribe,
to
4,407
August
tllihbls,'citibS.—V/167, p,: 154.
SHAREHOLDERS—Corporation
TO
OFFERING
shareholders of record
:7';V-/h-V,7';:7?;7?. ,7;^
November
November
7-
1,213,443 shares.
the
of
ahd
crucibles
October
526
1,368
1
7'77.7*7. -7?: *
?
pro¬
been installed.
pounds)
7;
"
...
warrants'.
1948.
of the 20 crucibles has already
of
July
$963,692
YEARS ENDED DEC.
1947
full
liber £ plants Will
glass
April
.
stockholders of 2,269,050 shares of additional stock,
and were available to the underwriters through; the 7
purchase by them of the Mellon, subscription
The result of the corporation's offer to its remaining
shareholders will become known on Feb. 10, when the
subscription rights terminate.
; ?
The dollar volume of the entire operation, said to,be.one" of the'
largest pieces of equ/ty financing in reteent years, is around $115.721,550.
Also notable is the scope oi the underwriting machinery 7.
which was set Up for its handling, . A group of oyer 500 firms, .rep¬
resenting all sections of the country, participated in . the distribution
proved commercially.
additional
the
of $55,062.
ing to
r
owns
1947. 5..The ^company Bi
installing
amount
offer}*
the? manufacture,
ifr
-completed
improved,
7
follows:
in 1945, and
dividends.
as
'
OversUbscrihcd7-7-Th6 First. Boston Corp.7 and;.: associated.
underwriters, completed -at noon ,J*an. 28 the Sale of U,- v 7
213,443 shares of capital stock (par $25) at $59 per share.
The offering .was heavily oversubscribed.' These shares
, .
'represented the "Mellon interest", in eoTpol'attbi^s
/
•
:
Production
v
137,796
market'value of securities received
1944,
7;
*}*■''
purposes.1 Since Nov. 1, 1947, ? the
products for
commercial use and
its
of
engaged
now
present
operating
"
$51,283 in
$3,236
;:V^H7' •'*'''•*■•
Practically all of tfie other
equipment, including high frequency oscillators ah-d controls, required
39,059
149,937
147,773
$1,334,158 i:
$1,396,360
"Including
•
1947 was delivered, to prospective; customers
experimental
for
that
expected
and
,
,
•
"
RR.—Joliet & Chicago Tax—
served with a claim by the Collector of
.taxes owed by the Joliet & Chitago, RR.
S'• -y;••-•/.
.plapt
a
was
end» of-<Decemoer
June
Other expenses
"'•'
.
fiber
has be'CR
for back
the
in
i"tfkek line between.tfie two
m
engaged
glass
Revenue
1946
•
It also is engaged in the manufacture- and sale of
in leased facilities, near.dts Waterville plant.
made
company
company's
$939,483
16,190
exp.__
\
mat
at
and
has
company
legal,
sec.,
'p
^
^-.v "v^vr,v.-
September
&
J
•//'••'?:)';«.;«/>• *'
:
present
operating
1'2
in the operation
paid and
''„' \
considers that its processes and products are now
1944
$811,307
,252.
.
and glass fiber ;;product's by a new
cbmpany's name was.V'dH'ahged to v"01ass 7
to November 1,
up
samples
as
31
234,135
$1,597,370
Taxes
at
bonded
as
increased
duction
81
$1,293,578
$1,417,798
179,571
v
DEC.
ENDED
1946
1,649,619
*1,711,792
452,731
343^0f^omrh6n'
gains.
1947
Interest
is
continuous
company's
The
INCOME
of
Gradually,
and
$1,396,359. Dividends paid during the year were $279,000
Preferred
Stock, and $2,458,347 on the Common Stock.
The
dividend
p.
3,572,923
35,522,616
8,072,075
5,383,576
.
7
7,-.=7':'77''
in :'7Chicago stock;,.- J f;-!1*""?,-"'".";.' ' Late, in 19477 G. M. & ©. acquired1 Control of' the Joliet
Chicago
by issuing series B 4% first and refunding mortgage, bonds in , ex7 'Change
for the Outstanding Capital stock of Joliet & Chicago, in
addition'to amounts equal t6 unpaid dividends: 011 this stock up to
7Dirts,;, 3-1. 1947. ' Tfie Joliet <fc "Chicago RR/ owns : a 32-mile^
mentioned
glass fibers
Waterville, O.
The
taxes,
expenses
^
36,278,768
'6,739,718
4,216,139
487,104
,
.
1946, ahd experimental production of continuous glass, fiber, commehced
in
April 1947.
At first only one crucible was placed-'in operation
but shortly thereafter a second was added in order, to' facilitate ex¬
perimentation
and
speed
development
of
a
commercial
operation.
Net income
gains.
after
year,
after
year,
term capital
the
for
that
After dividends of
$1,165,542.
Preferred Stock, were equal
on
the 1,638,898 shares out¬
was
$6,200,000
Common Stock
402,501
$2,853,616
•
/./..,■
of,.Chicago. 7 Resist far,'; North-
•'.}.
,
p.
fne'thods known as- the Barnard
process.
Heretofore practically all glass liber a;id glass fjber products
produced in the United States have been produced by Owens-Corning
Fiberglas Corp., which is jointly controlled by Owens-Illinois Glass
Co. and Corning Glass Works.
V- \ V# 1/
Report
states
of
company
sale
glass
$36,003,925.
were
year
President,
7 ;.v
Both of these products are produced by
was
the
on
from
$1,319,508,
was
i'rom
Altschul,
deducting
share
per
and
;
21st
the
35,390,220
.
$2,417,768
*123,084
*170,463
.J?-,.,';7■'»/■ 777: v:7-;77 7
7"' As- a result of this action, R. B. White, President of the Joliet &
Chicago RR.,- was^ notified by G., M. & O. offfclals that niitil . the
/claim is, satisfied';"
70f.''^ill''-be ..prohibited frdm making Any
further deposits7for^ pa'ymeht of' dividends to Tholdcrs • of Joliet &
BUSINESS—Company was;organized^N6v:'-34/» 1944, .1
fh6
-/''FKi'-O-Cflas '•Cpyj^Vrftir;:''^
application of the so-called Barnard. Patents covering
Subsequently the
Fibers, Inc.". •,
'S-!- ?
127,335,817
General American Investors Co., Inc.—Annual
167,
company
The
Co.* for
McCbrm4bkJ&'' G6.\headed
v
process.
$
145,031,485
14,719,777
7
?
AND
commercial
near
$
15,723,549
;?•• /
Offered—As
Kebbon;
*
*
•
under
the
'•
1947—12 Mos.—1946
V?>^
"
•
26
'''
and
The
Bales
—
-
.
HISTORY
In
Gamble-Skogmo, Inc.—December Sales 6.8% Higher—
1947—Month—1946
Inc.—Stock
.
'-
the class B stock in 1947 were as follows;
Feh. 15,
April 15, July 15 and Oct. 15, 25 cents each.—V. 162, p. 2005.
Period End. Dec. 31-
Fibers,
"Transfer agent. First National Bank
ern "Trust Co., Chicago;;
Dividend—
>•?■; >'
■
incomo
oper.
*Deficit.—V.
Philadelphia;:pa>rr?yj:'167,
.7
.
.
tails- follow:
Payments 'On
40 cents;
unit, at the Girard Trust »Co.?
per
252.
Glass
usually payable oh the
dividend
B
7/7 "?i? '■)
%
.,
the
on
45,550,665
8,588,999
railway
railway—7,
from
ry.
$88,350
.
nation-wide syndicate Jan. 22 offering
shares ($1 par) Ht a price of $10
company on Jan. 15 paid the regular quarterly dividend of
share on the class A stock to holders of record Dec. 31.
action
767,148
.1 1947
$98,550
a
cents per
No
Net
Net
that it willvp'ay aiKoutsta'nding
units, having a total face value of $21,729, on Feb'. 9,..
bur issue of Jan.
1992.
p.
Fyr-Fyter Co.—Omits Payment of Class B
The
$0
$47,150
$3,554,220
692,830
192,CI6
income—
oper.
1944
1°45
1G46
$4,070,665
railway.-—'
from
Gross
1948
Jan. 22 announced
on
arrears
at $31.67
new
gas-fired designs are currently available and a
•
RR. —Earnings—
From Jan. 1—
Internal
Jan.
on
The
to
oil and
unit
ry.
'■*
Cement Co.—Pays Div. Arrears Units
Giant Portland
The company
.
26 by H. S. Brown, Chairman of the board
units, ranging up to 27,000 pounds per hour,
assembled at the factory, including refractory and insulation, and
announced
President.
are
Net
-
field of package steam generators,
has entered the
corporation
was
♦
Guff IVfobilc & Obio
p-
ttnd
F. Seegers,
T.
1947"
433.
p.
New Field—
Foster Wheeler Corp.—Enters
it
from
tender
„
'
Net
—Jary 1 to Jan. 14—
1947'...
$50,750
revenues.
167,
has
railway
from
Gross
Operating Revenues
Week End. Jan. 14—
Period—
an
Secretary; and
.
Secretary and Assistant Treasurer.
,
also
been
elected a director, succeeding A.
GF&itil Trunk Western
,7
to
to
up
Production
December—
.
approximately
to
mailed
29
Corp.
Assistant
sa■
•
faeconu
elected as follows: G. A.
Mahager; F. L. Burlcy
were
j
t
transferred
were
Seaboard
are subject to
of Jan. 1, 1946.
now
Feb. 2, and terminating Feb. 25,
78,210 shares commencing,
order
amounting
stock
Bell
York
First
stockholders
additional
in
Aircraft
shares.
other
in* the
certain
contemplating making an investment
Corp., and has obtained options from
is
corporation
of
■
v
Crinklaw, retired.—V. 166, p. 1787.
Air Line RR. Co. as of Dec. 2:3,. 1947.
the lien of the Seaboard's first mortgage,
dated as
The Georgia & Alabama Terminal $l,uou,uu<J
first
mortgage bonds and 3,000 shares of capital stock which pre¬
viously were pledged under the Seaboard first mortgage have been
.canceled.—V. 71, p. 963,
f
*
to
officers
and
Sales Director;
and
Burley
Mr.»
Georgia & Alabama Terminal Co.—Consolidation—
(They
Other
Vice-President
Vice-President
Sharkg,
166,
President, etc.— r.
elected
Treasurer.
First
15
2418.
p.
will be used to build
y?y
L.
J.
as
$1.50
of
14, last year.—V. 166,
Nevada—Stock Offered—
Varley, Vice-President and Sales Director, has been
President, succeeding A. J. Trcjan, who has resigned that position
devote mere time to personal interests.
Mr. Trojan, however, ier"
a
1,
Gossard Co.—New
(II. W.)
Div.—
dividend of $2.25 per share
value, payable Feb. 16 to holders
declared,
share.
Distributions
and
Aircraft Stock—
Buy
^
2419.
p.
a
Castings Corp.—$2.25 Preferred
Jan.
oh
preferred
record
to
,
Corp.—To
companies
5c) at 35 cents per share. Proceeds
mill to refine ore.—V. 167, p. 434.
time
from
reviewed
.
York
1.
directoi* 011
in 1947 were $34,o00,u
•
Denver, and Morgan & Co.,,Los Angeles
Jan. 22 offered 280,000 shares of common' stock (par
-
*
,
.•
First
^ '
Boettcher & Co.,
Wagner,
General
■
end, after elimination of inter-bank bal¬
Loans and discounts increased from $206,-
stockholders.—V.
166,
two
Goldfield Deep Mines Co. of
initiating a dividend will
to time during the year.—V.
166, p. 1150.
First National Bank of
14,000
Combined sales of the
Jan. 22.
>-
approximately
"in
amount
an
Co.—Acquisition—
Refrigerator
by this company of the CColerator Co., Duluth
excels of $2,000,000" was announced by the
Purchase
kwh.,
433.
President, at thfe annual meeting of the stock¬
holders held on Jan.
28, announced
that the corporation will not
pay a dividend on the common stock at the present time, but added
the year
$1,143,813,076.
were
275,355
155,330,365
ferred—
;
securities.
of
sales
on
to
12.7%, over the corresponding week of last year.—V. 167,
and
and
Gibson
output of this corporation for the week ended Jan. 23,
amounted
2, 1948
Monday, February
—V.
:"-?'/;P:V/:^/7'->:V/!/
affiliates in Minneapolis,
The
CHRONICLE
General Realty & Utilities Corp.—Dividend Action De-
$2,472,145.
taxes
p.
or
the First Trust Co. and four affiliated Saint Paul banks,
63 affiliated banks and branches outside the Twin
Earnings reported are stated after prevision for
exclusive of recoveries and charge-offs and of profits and
$1,667,471;
Cities,
$1,850,179;
Robbinsdale earned
Fdina
electric
1948,
-•
.
FINANCIAL
General Public Utilities Corp.—Weekly Output—
f;:
Chairman of the board and Augustus H. Kennedy,
President, cn Jan. 21 reported that in 1947 combined net earnings of
(he 74 bank affiliates of this corporation totaled $5,989,795.
'!■
The corporation's portion of this amount together with results of
operations of the parent corporation and its ether active affiliates,
First Bancredit Corp. and First Service Corp., produced combined net
operating earnings of $5,727,251. This is equivalent to* $2.02 per share
compared with $2.07 per share in 1946 on the 2,831,188 shares of stock
outstanding.
The corporation paid to its stockholders in 1947 divi¬
dends 'ol 80 cents per share amounting to $2,264,950., :: :.
:
The value of the corporation's capital stock, as reported was $24.61
per share on Dec. 31, 1947, compared with $23.78 per share the pre¬
vious year. In additiob, the corporation had a proportionate interest in
certain interior reserves and other assets aggregating approximately
CUve T.
&
.
5,000
5,000
-
«
oil,. lubricating oils,. industrial
are
distributed at
wholesale
in
a 14.
of the states located east, of
.
.
*
„
,
■>>,/': 1 ,/■{,>> Sept..30, '47 >
/•>•
"*i
£
194G
-:
revenues
ol
Net
93,304,677
82,857 341
,8,824,882
6,132,250
99,923,578"
91,682,223
Balance
Total income
Interest
loans—__
on
834,771
95,877
13,646
1,834,253
.
Contr.b, to pension trust
83.342.
7,220,487
9,180,892
Prov. for mcent; compen.
4,410,000
4,261,859
Other
>
Prov.
•
.
for
Federal
income
Other1 income
'
.
<
-
,
1946,—tV.
*10,
taxes.-
Operating
3,408,737
323,888
422,065
Maintenance
1579.
2,000,000
6,362,775
6,052,632
2,025,000
income-!
!__™__J_!! , 13,614,303
Dividends
are
16,776
201,316
199,658
157,275
1,682,478
First
Ar C. A.,yn ft
•
Almstedt
Co.;!!!!!!!"- >60 "-A!!!! / l.25>, >
w
.30
4nriegate
.05
Arthurs,'Lestrange & Klima .05
Auchmc uss,' Fai ker .&
>:. }, v
;>
.30
J. Barth & Co
Eichler ft
Bateman.
A.
Biddle
Blair
ft
Whelen
ft
&
Co
Boettcher
2.00
Co.——— >.,125
&
Co.-V .125
Geo. D. B. Bonbright &
Bond ft Goodwin Inc.!—>05
■
H. F.
Boynton ft Co., Inc..
Alex.
Brown
ft
.15
.125
Central,
Republic Co.
(Inc.)
> The
'•
.60
——
Chapin
••iCooley & Co..15^
Crowell, Weedon & Co.—.10
.
Courts
Co
ft
.25
—
Cunningham ft Co.,
K.
S.
.
Dallas Union Trust Co
Davis & Co
Paul H.
L.
R.
Day & Co
Robertson
Dewar,
•
'<
'
'
Merle-Smith
&
Reinholdt
.25
R. Si D'ckson & Co.. Inc.-
Doolitlle
O.
.10
Co-
ft
Dorr ft
Co.,
Inc.
E.
inc.
Evans
A.
.
& Co.,
!;t ■ "1125
.
.10
The First Cleveland
First
.
of
Michigan
I.
.125
Co.——:
ft
Richards ft Co.—
Field.
Singer,
F.
S.
IncJ!!;!!!i;'!■
•
.05
Co.!!!
Stern B'-others
,
.
.15
Securities
Stone & Webster
■
Ilumlin —.j—^—r —~Z'Si",
ft jLunt.
f
_
i
l-fallgarten .ft Co^!i!!>!.^/00
Hallowell;- Sulzberger ft Co/--"; vl25
:
■
Harrlman 1 Ripley
* it
*
Inc. >'.—.
"v RarHSv' Hall 'ft.
Hayden,- Miller'
•
Hayden,
-
«' •
++-
'
'
■
" *
'
'
..
■ ■
■
*
B.
&
Victor,
CO.
H.
Labouisse,
Friedrichs &
W. E.
,
Th"
«
;
Co.r*_.05
Hutton ft Co./!—_!
J'i.'-nois Coi
!-i_
Ingalls
&
'
Snyder.J——.".10
—!__•* .125
Janner & Co._
Jenks. Kirkland & Co.__—
Johnson,
.
Lane,-
Space
Johnston.
Edward- D.
167,
.05
' -.10...
Lemon
&
Jones &
p.
Co.—
— —
$102,805
r
> ; ■
■ >.
1
;;
—
201,880
$0.18
$1.05
r.
"T'
weie
White,
Weld
V/hiting,
The
'Dean
.125
CO.—• >!l25
434.
/"'"The
aneciea
ai
ine
com- /
of
at
Americaii
Weeks & Stutibs. .30
Co.—I—! .50
.05
Woodard-Elwood ft Co.!—.' .05
Wurts, Dulles ft Co.__
/ .10
Yarnall & Co._l!!_!!_'_—"' .15
$1,930,774,
'.
•
Co.,
30
Church
St.,
New
by the company
Gas & Electric
York City.
"/-prospective bidders may obtain copies of bidding papers and general
concerning the transit properties from it at the above
or -from its own oifices at 2101 Spy Run Avenue, Fort Wayne
information
/
address"
.1,;
Ind.;.,"
properties being put up for sale include
system In- Fort-Wayne, and-comprise 78 trolley
The
coaches.T-V. 167,
p. 47.
; ■/.
■
the entire local transit
coaches and 26 motor
W
lias been elected
President
Connally will continue as
executive committee. Paul Bertram
elected Assistant Treasurer.—V. 167,
at Dec. 31, 1947, amounted to $100,the end of 1946.—V. 166, p. 2661.
Fund
as
against $1,736,948 at
as
Assets Up—
31, 1947, amounted to
the close of 1946.—V.. 166, p. 2104.
Fund, Inc.—Net
this
of Dec.
Inc.—Net Assets Rise—
assets of this Fund totaled $8,645,799,
year before.—V. 167, p. 253.
Investors Stock Fund,
As
of
1947, tfhe net
31,
Dec.
,
with $8,316,013
a
Co.—No Common
Johansen Bros. Shoe
No
January.
Jan.
31
and
> In
May;
Dividend—
the common dividend ordinarily paythe following distributions were made:
31, 10 cents each; and Sept. 10, 5 cents.—V. 165,
been taken
has
action
in
on
;
1947,
p.:1193.;;--' V-./,- >Jantzen Knitting Mills, Inc.—Annual Report—
WORKING
the
During
-
the close of the year, current assets were,
liabilities" $1,107,895, resulting in a net work¬
The ratio of current assets to current liabil¬
CAPITAL—At
and currfent
year,
:
-
v
it became necessary
to add to
working capital to
Accordingly, company borrowed $1,000,000 from Massachusetts Mutual Life Insurance Co. repayable over a
period of 15 years, and sold it $250,000 of Series B 4 XA 'jo preferred
finance increased
sales volume.
stock.
CHANGES—Early in the fiscal year, Jantzen
subsidiary, was organized. On Oct. 3.1,
Mills sold its land, and buildings to it at book
value, taking a long term lease on the property.
To assist in financing the plan expansion program, Jantzen Realty,
Inc., borrowed $750,000 from The Equitable Life Assurace Society .of
the United States on a first mortgage.
This loan will be repaid from
income received from rentals on this property.
/In order to secure greater/ flexibility in financial operations, th©
management deemed it advisable to change incorporation from the ■
OTHER
Corp.—Seeks Bids for Transit Props.
inviting bids for purchase of its local transit
Competitive bids for the properties are to be opened
11:00 a.111., March 10 at the offices of American
Service
of
assets
net
ing capital of $3,652,496.
ities was 4.3 to 1.
-
corporation is
properties in'Fort .-Wayne, - Ind.
-
Witter & Co,1.25
Wood ft Co.
subsidiary
rV. Indiana Service
& Co.u!-—1-1.25
Wisconsin
Investors Selective
able
auvcit>eiy
Withdraw Reg¬
Inc.—Net Assets Higher—
against $95,059,336 at
$213,226
201,880
:
—
a
assets of this Fund as
as
compared
$37,377
Elected—
Bygel, Executive Vice-President,
P. Connaily, retired. Mr.
3,098
•
Stores, Inc.—To
its
and
net
The
100,000
...
alphabetical
alphabetical
>;!
612,418,
$316,324
1,463
/
!
•
.
_
62,198
35,073
$38,840
——-
V->J'.!"- ■.'/.'//■:
!>'.05
it is not always
reasons
' '*v
possible.
as
member of the
been appointed Controller and
The
Gas & Electric Co., has
notes
tj": the Guarantee Trust Co. of, New York and the Irving Trust Co.
/..of New York/ They would purchase equal shares of the notes.— V. 161,
/V; p: 26611'/1-/-/-..
': '
Watling, Lerchen ft Co.—
.25
Wertheim & Co...
1.25
$3,768,927
unsuitable
$4,760,391,
;
mechanical
Investors Mutual,
27,847
—
#
(net—
tfixes on income—_—~
.
1
(incl. contingent com-
'
— —
/' Waggener,
Harold E.
&
/Co.; Inc.
—V.
>25
>05
Share .Corp.
"
1.00 f
'
Bond &
Indianapolis
■
.-
—
C.
$1,621,265
;
as
director
$406,369
authorize the sale of $6,000,000 two-year
;VWr
Common,- Dahn &
>>'
:
.10
Wainwright :& Co'._ >05
G. H. Walker ft Co..50
Walker-, Austin &
»
*" ""■ •'
Co._L„
Hilliard ft Son—V
Hornb'ovyer ftiW.eekS!!^!!'
Howcrrt
**
Underwood, Neuhaus ft Co; 15,
Union Securities Corp/!-! 2.00
Henry Herrmap ft Cp._v!!,
J. J.
1,755,431
—
.
v
-
H. Hentz ft 'Co
Hill. R'chards
$2,161,800
1,226,732
-Loan-
Stone
-
succeed Reagan
1946
$1,329,537
—
—
28,892,
charges
«
——i
:
New President
_
.
.
■;>
1947
:■
■'
2,301,110
company
>p.-154.
Subs.)—Earnings-
Co. *(&
Zinc
Net, income/;!!-i!:l!!_—-__^
.vf .r
912,502
•
Statement—
Russell P.
to
'I/pany-s1 rolling mills by shortage of skilled men and two short- work R.
VOII.C-0.' inc.—ki.:30 _ -i! R'y
.w . .
.iiribnths. including twn nnid hniwovc
These same conditions existed
Co.": -.08 ;/'4-.^'S;,imbnlhs;'''".ihcluding:. 'two. paid holidays.
/:siitro 'ft
.25 ':'at the mines and, in addition, there was an unusually high percentage
^Swles^American.Cdrp.!!!!/* .25 //''^ydf absenteeism."—V.- 166, p. -1255.
.-O'Art
Hemphill, Noyes
£
$573,878
a
;' > -'
;
$592,715
:sweney> Cartwright'■&
Co.^.V-i;i
f
74.71
$48,221
Earnings' ber'share ijiL"!!—
,v
$6,070,037
registration
$487,162
67.03
'.;/.// 6*9.97
$52,008
•
!»•*/
'
$1,263,689
$77,243
:*;» ;■ '•; / 66.00
of
Shares. diitst.flhHlncr ':*>• '? .
Shares/ puf sta ndin g !!_>.
CO._______!______'^ ;10 > >•>
403
$2,533,767
Jan. 23 asked the SEC for permission to withdraw
statement covering $5,000,000 sinking fund debentures,
its reason that current market conditions are
the proposed offering.
The
35,818
Provision:for>Federal
.
.V"••
Interstate Department
istration
560,664
expenses
"•.Income
.30
$6,069,636
111,844
(net)—<————
to arrange companies in exact
However, they are always as near
position
for
•....
pensation' reserve)
.10
st-ix. ft
■20,069
557,816
-'Net profit from; operations!!
!C6/!ii j—
ft
Stillm ui, Maynard & eo.i
,
2,920
margin ■'
Selling
!'
.125 /
& Reach—__
Sterne, -'Agee
order.
stating
$123,787
Admin. & Gen.- expenses
'
(Stein Bros* ft Boyce_____
.
<Co.i!!_!_;!!!: ! .15 >
■
Graham; Parson^, ft G'q,'2±
.30; r->:s
Granbery, Maiache & Lord:, .25.i>v
Good.body :&
—
interest charges—
•'
NOTE—For
possible
$1,063,645
:
46,344
.46,438
.
gcods sold!
Gross
'/.
.25!a
.
Co.i/i!!!
Starkweather &
' ■
income!.—
/
28,677
$1,841,575
$126,512
.
>
18,142
!
..125
Co._!_'_
!
charges.
f:- J: ■'"/
434.
p.
■*'7r
Cast, of
>.10
Co.._!_!!
ft
Staats
R:
' •: ''"William
>15
Forgan ft C.o.__2.00,
Glover ft MacGregor,. Inc.: ViO 1 >,
Goldman; Sachs & Co.Jl'_' 2.00;
"
Glpre,
2,356
'
-
Three Months Ended Dec. 31—
—!
Sales
.
Folger, Nolan
$124,156
,
.1Q
Co.>,_._
Sm'thers
$170,514
1,442
$171,956
surplus: !£—
Illinois
.60 >:
ft Scribner
■2.00: v
Barney & Co
Smith, Moore &
First Southwest Co..15
!
■
!!.—_t>
depreciation
-V.. 167,
Deane
Sm'th,
Corp..... .125
Corp.l. .30
&
S'mon
M.
4Incl.
.125
$9,237,877
3,168,241
$1,034,968
ratio
Operating
.15
Inc..
Minton ft Co.,
Sills.
$1,823,433
income—
income
earned
1.00
—
Agnew & Co..._
Shuman,
.05
Fauset, Steele & Co.——£
Ferris
Shields & Co
■:•>
Fahey, Clark & Co.—__j._
>10
Farwe'l. Chapman & Co._ >125
23,432
376,053
Net Income transfd. to
.10/
209,683
$5,387,734
2,965,811
'■ ■"
and taxes—.———
income before
Net
Interest
has
ft
339,999
276,636
other income (net)
Profit on foreign exchange
1,084,816
300,222
charges
.25
Stringfellow__>:__
Chas. W. Scran ton ft Co..:
Scott
:
7,976,349
1,723,249
1.00
•
Clement
114,112
deductions
.05
ft Co.—
Schwabacher
-60
158,795
35,434
Misc.
1.00
Inc
Fomeroy,
.50 *
& Co.__„__
609,825
income-
.125
& Son
Rupe
1,377,010
971,657
earnings..
gross
General expenses
$9,569,259
7,149,253'
708,122
accruals...
payable.^..!.
rents
Total
.15
Moreland
Hutzler..
E. H. Schneider & Co
Schoel kopf, Hutton &
.05
Emery & Co., Inc.
Estabrook
Dal'as
.125
Equitable Securities Corp.
ft
4.834,565
1,011,550
••''//
j : V; ■;
Total
1947 -12 Mos.—1946
$871,525 $11,899,083
$1,072,864
Net ry. oper.
Rothschild & Co,— 1.00
F.
U. S. dollars
service fees,
services
advisory
—V. 167, p..253.
exps.—_
Fixed
Salomon Bros. &
.10
-
Elworthy & Co
F, S.
L.
2.00
Eastman. Dillon & Co
Elkins, Morris ft Co.—!-
Rollins
H.
Rotan. Mosle and
Dvexel & Co._^_ ——1.25
Francis I. du Pont & Co._
.25
318,859
$2,476,620
$2,421,923
-■■'
been Research
revenues.
Railway tax
.15
Sons Inc. 1.00
1946
$2,795,479
—
$3,127,891
•>'
■
.
or
bonds
Spanish Govt,
Sundry divs.,- int; and
Co.—Earnings-—
1947—Month—1946
Period End. Dec. 31—
'-Railway, oper.
Net
f
$3,127,891
•—T
not received
dollars——
earnings)
on
for
Fees
1943 and has been
Dr. Lulek has
since 1945.
1947
the addition, of
Railway oper,
Othbr
Co
Co.;
third director named.
associated with Heyden since
company
(incl.
year's
/ Net
Robinson-Humphrey.
The
*
.05
•
ft
R'ter
Dillon, Read ft Co. Inc.— 2.90
1.00
Domin'ck & Dominick—
the
Illinois Terminal RR.
.15
,125
.50
Gardner.™
ft
Ltd.
Interest
Vice-President
Clarence Capes,
the board.
$2,668,831
/
from United
mem¬
Vice-Presidents
were named
Ralph N. Lulek
1,410,709
River Plate Telephone Co.,
approx. $900,000 paid out of prior
etc.;
Corp.—Officials Promoted—
Dr.
subsidiaries—
from subs.,
presently available in U. S.
2,301,110
ONLY
\
EARNINGS, PARENT COMPANY
income
Current
.
$1,042.98B
2,436,130
912,502
$3,009,512
—
■■•■
«
$339,120
r
■
$879,391
163,597
.
748,776
Ended Sept. 3(1—
Income .from
2,755,206
interest & other charges
—
^
2,181,369
3,034,440
...
'■!'/■:'■/.W >'>:>'.■/ /•
9 Months
194S' and has also had charge of the Ammonia
Antibiotic Division,pt the corporation".
these new members-, the Heyden board is now
composed, 'ofr-ton^..directors, • including Mr.
Armour; Dv.»-.Robert W.
Harris;: V. -A.-. Johnston, Dr. Donald B. Keyes, John P. Rem*»n*nyder,
George B/; Schwab and Paul Van der Stricht.—V. 167, p. 434.
& iCo.,
Pierce
Inc.
loss
"Loss.
172,000
6,232,ui0
*$409,656
(net)
4 Current inc. received or avail, in
Dividends, int., management and
of the Manhattan Co., was the
of
officer
With
.25
& Co.__
Rauscher,
>
.50
—
2.4031.105
175,000
of subsidiaries—.=
Interest charges of parent company
Division:an£ bf,the
'
Dick
11,183/393
3,040.! 01
Manager bf Heydetv,since
2
:
.C 2
and
Askin
Mr>'Askin "has been
an
Pforzheimer & Co.
Putnam
Pan coast
?
>
.25
.125
;.50
Hopwood .10; Prescott. Hawley, Shepard;
& Co, Inc
.125
R. W. Pressprich ft Co...
.50
&
21,105,807
—i—_
earnings before
Net
Co.—Tenders Sought—
election of* two nc-w Vice-Presidents and three new board
announced on Jan. 25 by B. R. Armour, President.
of the Bank
Piper, Jaffray &
.10
.125
> .30 i t':
.125
Diin ft Co.——
J. M.
Carl HI
-.125
Co,—'—
&
House
Curtiss.
$19,574,^6:)
tax
foreign exchange
on
912,066
$33,177,732
Charges
154,
p.
and/we^e also. elected to
Inc.
Christensen,
' .05
Inc.
.
throughout their normal
facilities.—V. 167, p. 252.
Profit
was
'/Simon
■
Writer &
Peters,
>
167,
Heyden Chemical
bers
.10
Co/ 1.25
Newhard, Cook & Co.—.15
The Ohio Co._'„.25
I acific Co. of California.^
.15
"Pacific Northwest Co.—£_
.15
Paine, Webber, Jackson &
Curt's
j.!l—!£_!_I_!I! 1.25
Coffin ft Burr, Inc.^_—.60 ^
C. C. Collings & Co., Inc^
.05
Julien Collins & Co,>——
.25 :
f
———
income
Balance
in excess
2.405.133
3,934,563
$1.53
$1.70
from deductions,
results
which
taxes
$2,925,822
$3,242,035
stock
2,778,823
3,412,445
1,003,023
repairs..————
and
Federal
S.
14,787,811
686,405
:
—
Other taxes (including foreign taxes, etc.) —
Provision for depreciation..
U.
bids
1948.-7-V.
/The
•-
W. H. Newbold's Son &
.05
Richard W. Clarke Corp._
528,000
v
company
receive
26,
2.90
Mayna'rd H: Murch & Co.
Nashv* lie Securities Co—
.25 f
Clark & Co.—!—:
W.
E.
528,000
17,674,419
Total gross earnings..
...
Operating, selling and general expenses..p.—..
wiil at its office at 105 West Adams Street, Chicago,
until 12 o'clock noon on March 23 for the sale to
it of
5 V2 'fi>
cumulative preferred stock to an amount sufficient to
exhaust tlie
sum
of $17,497 (now held in the preferred stock pur¬
chase fund)
at prices not to exceed $104 per share and dividends..
Payment for stock repurchased will be made not later than March
.05
F. S.
1.25
& /Co.!„-
>
$3,453,822
(on: 1,909,968 shares).'....
income
Federal
The
.60 >
& Lynch.
Moroney, Beissner ft Co._
.10
Moseley & Co.S-£X- 1.25
Co."i!!__„J5
&
Dodge
Clark,
,
common
share
per
$3,770,035
(net)
income
Maintenance
depreciation at usual rates, allowable lor tax purposes as amortiza¬
of emergency facilities but not recognized in the accounts since
111.,
.125
Morgan Stanley ft Co._!__
.
effect to tax reduction
amort, of emerg. facilities
requirements.....—__ —;
Other
■-.125
Cabot———.
ft
Moors
> V
Sears, Inc.—.05
Whitesjde,. Warren
Chace,
$3,558,343
104,526
Net
Co.—' .30
, .15
Milwaukee
Moore, Leonard
jj-'-'r
$3,770,035
'
— —
(Walter E.) Heller &
Co.^^> .10
; M'tchunTj Tully ft Co
/••
$313,242
$343,729
t.
,such facilities are expected to be employed
Minsch, Monell & Co
.25
& Co. (Inc.}
363,842
life and not to replace existing
Turben & Co._!,__
Merr 11,
Butcher ft Sherrerd-!—
33,076
$10,401,440 *'$5,243,93^
subsidiaries not
from
22,648,159
88,272,499
...
—
consolidated
Divs., int., management and service fees, etc.,
from United River Plate Telephone Co., Ltd.
Sundry divs., int., advisory leeS" and royalties
tion
Pierce,
Lynch-;
Metropolitan'St.' Bouis'
•
.125
.05
H. M. Byllesby
of
Fenrier ft Beane__2.00
■>i
.30
Sons—
Brush, Slocumb & Co.—__
Robert C. Suell ft Co.—V
33,077
sold..
profit on sales..J—...
—
—
Telephone and radiotelephone operating revs.—
Dividends, interest and management and service
1.00
Merrill
Eosworth, Sullivan ft Co.!->125
•
'•In
.10
Co..15 ?;
V LaurencelM. Marks & Co. 1.0Q
! Mason-Hacan
Inc.
.10
h A. E. Masten & Co..30
McDonald ft Co.——_
.30
McJunk'n, Patton & Co._
.10 - -
—
864,396
giving
from
Applicable to
Earnings
ft
Co.
.30
Blair ft Co._^„—
Blyth ft Co., Inc.—
672,301
y ■
dividend
Preferred
Mackubin, Legg &
.60 '
»
before
resulting
1.00
Rhoades
Loeb,
M.
62,470
■
Gross
fees
1946
1947
$98,673,939 $17,404,215
...
sales
Cost of goods
$4,786,586
explaned
as
Extraordinary ,.redu<
Irving Lundborg ft Co.
.15
—
Co., Inc.-
William
•
Carl
Co.——..60
G. Becker & Co., Inc._
.60
Stearns
Bear,
52,390
$4,475,412
63,675
income—!—.
Earned
2.00
.125-
Co.——■
&
15
*
Brothers
Lehman
'
.25
1.25
ft.Co.——J 2.00
Freres
i: Lester
> l;
.10
Higginson Corp.!
Lee
.125
ft
Co
chrg,
Net
ft
Langley ft Co
C.
Lazard
.10
Co.
ft
Laird
W.
.15
.
Fitch & Co., Inc.!
Barret,
B ssdl
Laird,
Baker, Watts & Co
' .25
Baker, Weeks & Harden—
.30
3,765
$408,789
Subs.)—Earnings—
(&
Ended Sept. 30
9 Months
$4,811,327
24,741
amort....,
plans to raise from $80,000,000 to
through permanent financing. Just hov?
be done has not yet been decided upon.
company
2419.
166, p.
Net
1,326,517
$407,404
note .'.Hi——!
in
1.25
Meeds___
.15
Co.
$4,527,802
"
! 2.90
Thalmann
Ladenburg,
.15
Bacon, Whipple ft Co._—
Kidder
j' Kuhn, Loeb & Co.—
.30
Bache
.30
Peabody & Co.___ 2.00
".Kirkpatrick-Pettis Co.——
Geo,, G.
-Redpath
Co._^___£
Kidder &
M.
A.
105,676
$412,554
_
--LL—
■■
and
Spec,
/
}•'. 'V";-'
'>./■< • : Percentage
Kay, Richards & Co.l.!—£
.35
Kebbon, McCormick & Co.
.25
Brothers
•'i American Sacui/t'es Corp,>
99,047
2,033,191
1,545,013
6,857
Balance
Jilt,
>.'/:.
Percentage '..
Boston Corp.!!/7-.525
/>!•>
;
^
the principal
of
follows:
as
The
names
—V.
A—
A—
the
that
in new capital
this financing will
International Tel. & Tel. Corp.
$414,260
underwriters of such ;
of the 2,269,050 shares of capital stock as are not subscribed for upon
the exerc.sevof ^ubicript on warrants and the respective percentages !
of the unsubscribed stock which each has severally agreed to purchase
UNDERWRITERS—The
151,100
188,808
taxes—
Authorized—
'
stated
was
when
or
6,150,755
1,028,472
16,776
income
It
1,686,108
95,932
154,167
2757.
Co.—Debentures
28
Jan.
on
$100,060,000
$16,885,316
7,632,626
1,428,249
1,843,498
510,359
acquis.
Oiher ■' taxesi
18,152,404:■"
J8,152,404 -\
22,690,505
Federal
43,802,921
*43,204,414
65,711,718; 58,284,830
debentures.
$1,449,672 $19,261,695
133,966
proposal to
authorized the directors to is6ue not.
more than $100,000,000 of convertible debentures.
The board previously
had already been given authority ■ to issue common stock or ordinary
stbckholders
The
1947—12 Mos.—1946
635,401
Depreciation
Amort, ol plant
approving a
on
shares.—V. 160, p.
3,000,000
shares to
International Harvester
>■>..
$1,642,426
27
common
outstanding
1,474,130
Co.—Earnings—
_2
Stock Split-Up—
April
vote
stock on a two-for-one basis, by changing in.
shares from 1,004,130 to 2,008,260,
whey win
increase the authorized common stock, no par value, xrom
the
asked to
be
will
stockholders
split-up
ri
vruu
JUl/U
-
1947—Month—1946
adjustments
Net
.•
used for wonting
will be
Proceeds
be onereu
1994.
p.
$648,644
p.
revenues^
166,
Ingersoll-Rand Co.—Plans
The
308,199
$670,381
Operation
5,400,000
6,471,154
6,863,778
166,
,
with the SE-.
Jan. 22 filed a letter of notification
class A ($10 par) common stock.^To
underwriting.
without
presently
$703,140
>
.Period End. Nov. 30—
■■■:■
8,308,981
3,565,091
12,300 000
13,800,000
259,832
$595,067
Gulf States Utilities
40,715
5,000,000
.tax.—
237,407
HlCIgt'U
904,333
•
237,826
*
413,588
i
Nov.
70,655,374
•-
surplus ;!_
to
8,710,893
coating.
gen.
65,022,701
5,632,673
69,039,535
1,087,611
income
8,469
$1,216,675
r-'.r-y
129,030
62,907,285
,6;618,901
income!!.*;
Operating
2,303
$1,329,854
V.
216,195
V
•2,548,793; v> "income" taxes/
7,546
$1,156,780
5,990
.$1,332,924.
_l—__
'.■•"Income) deductions
/
ProV. for. Fed, & state
■
-—
•
income
Gross
par
capital.—V.
revi\(netR-!
Ncn-oper.
1,052,919
544,711
324 005
918,375
etc,—>.- •/2,203,423 ./ 3,023,598 >• 2,457,261
cibubtiuis_*.r_w; V
by,924 ;, j,,iyi,oi4
•••: .,61,347
Frov. for amort, of intang.
Lease abandonv
Other
at
SEC—
Cleveland—Files With
Co.,
Credit
on
shares of
12,820
$1,208,206
$1,327,551
$1,149,234
$1,326,935
open,, revenues-.
,
/./Selling, gen. & adrn. exp.V 86,280,387';95,547,017.,; 77,891,394\ 71,820,747
13,757,480
/Taxes, otner thatl, inc.!..'* 14,572,462 ■15,590,740
14,035,479
19,412,615
Amortiz. of intangibles.
24,020,526
25,694,788
26,478,341
32,446,536
1-Dephj depr; & amortlz.i" 26,692,851
30,406,924
32,653,801
Prov.'"lor '
for
Operating revenues- _i.
oper.Vrev: deductions
482,862,453
276,671,637
' '
-J-!——!— 561,500,541 562,241,107 504,691,642
sa.es ft services 313,811,580 308,605,680 287,288,359
-Vttt/Atti iocs
Cost
Industrial
The company
1947
1947—11 Mos.—1* 1946
Period End. Nov. 30—
.•
1945 ;
t.
1$.
Net/sales /ft/'ottier- opeit/*' J
.
•
Calendar Years
9 Mos. End,.
.
Inc.—Earnings-
Gulf Public Service Co.,
CONSOLIDATED INCOME STATEMENT
.
CHRONICLE
FINANCIAL
THE COMMERCIAL
Realty,
1946,
FINANCIAL
Inc.,
a
wholly owned
Jantzen Knitting
Oregon
plished
Nevada
viving.
laws to the more modern laws-of Nevada. This was ^accomby organizing Jantzen Knitting Mills Inc. under
the two corporations, the Nevada corporation sur¬
the laws of
and merging
The
unchanged.
assets,
liabilities and
interests of the stockholders avtv
.
•
-
.
.
>
&■
—-
Cost of sales
-
Operating expenses
i.
—.
194G
$9,122,978
r
i
income
Total
189,253
Net
$435,475
52,500
on
preferred
Dividends
on
common
Net earnings
per
NOTE—Figures
are
ior
ended
year
The
Casn
on
surrender
deposit
Accounts
&
257,187
234,',21
in
Investments
An.
bonds
and
—
1,708,157
209,899
1,059,121
123,384
equipment (depreciated)—
charges
Deterred
and
Patents
will
Detroit.
Proceeds
working capital.
Co.,
provide
used
be
is
a
model
new
that
the
entering
P2V-2,
backlog
Lockheed
approximately sijiG.uuO.l'Ul)
us
service.
Navy
at the end of the
contrasted to a year-
1946.
of
to
'
test
50
during
Louisiana
1948.—V.
166,
Period End. Dec. 31-—
revenues
expenses
891,509
taxes—
Wise, on Jan. 20 offered
Brighton,
Co.,
180,000
Railway
Ry.
^olo.—Files With SEC
accruals—
tax
rents
facil.
Net
—V.
(net Dr)
$311,102
$3,699,010
108,498
67,195
1,093,195
11,166
7,086
120,315
$3,005,502
713,921
89,436
$236,821
$2,485,500
$2,202,145
-.
*
$277,006
income.
oper.
ry.
167,
92,927
Dr)_.
(net
rents
$13,455,624
8,816,278
849,000
784,844
,
$396,670
income
oper.
Equipt.
254.
p.
and
(Ky.)—Weekly Output—
Louisville Gas & Electric Co.
Electric
this
of
output
week ended Jan. 24, 1948,
with 31,551,000 kwh. for the
of 36.7%—V. 167, p. 435.
compared
as
last
week
the
for
company
kwh.,
43,134,000
corresponding
Plant-Choate Mfg. Co., Inc.—Earnings, Etc.—
La
$1,177,604 $16,286,949
731,020
9,880,644
90,000
1.700.2CO
45,482
1,007,09(5
$1,561,106
oper.
income
1947—12 Mos.—1946
1947—Month—1946
oper.
Federal
19
Jan.
first
2105.
p.
Arkansas Ry.—Earnings—
&
Railway
Bottling Co., Inc. of Ohio—Stock Offered—
company
$125,000
$6,203,214
$7,296,671
;
to
Lockheed's
on
than
totaled
Total
of
stated
scheduled
Underwriter,
purchase machinery
filed a letter of notification with the SEC
reiunding mortgage 4V2% sinking fund bonds
and 5,278 snares of 6% cumulative preferred stock ($10 par).
Under¬
waters, Peters, Writer & Christensen, Inc., Denver,
Proceeds will be
used for plant improvement.—V.
166, p. 55.
The
for
1
1
trademarks^
shares
Kuner-Empson
33,181
23,207
•Plant and
force
postwar jet, air
America's
of
with the SEC
Jt.
83,949
33,181
34,301
range
giant Constitution progressed during 1947 with
ilights and more than 100 flight hours recorded.
Delivery of both of the Constitutions under construction for the Navy
of common stock at par ($1). Proceeds
will be used for working capital.—V. 164, p. 1596.
•'
——
„
backbone
backlog of $156,000,000 at the end
Work
438,962
438,962
83,949
Aires__
Buenos
the
$119,000,000.
300,000 shares
68,475
V.';''. -.' rV'.y,
___—
Lexul,
long
very
reported the current Lockheed backlog showed orders amounting
approximately $106,000,000 for military airplanes with $20,000,000
for
Constellations, the company's major commercial project.
New
orders
received
during
the
year,
he stated, amounted
to
SEC—
Co., Detroit—Files With
12 tiled a letter of notification
($3 par) class A participating stock.
Heronynius & Co., Sheyboygan,
9J2,572
i_ondon__,__.—
Ltd.,
Ltd
(AUotralia)
Soc.
Jantzen
the
of
the Burbank
including 35
Gross
amounted
more
Jan.
on
Kool-Aid
2,641,361
Companies—cost:
Subsidiary
Knitting Mills,
Jaiuzen
1,073,569
;_
_■
35
He
•
2,968,490
27,827
reserve..
receivables
military
form
from
Railway
$504,275
insurance
lhe
or
•
Miscellaneous
Jantzen
and
1946
$461,143
hand
on
receivable—less
•Inventories
Stocks
and
vaiue
end
$563,689
of, nor
Kayser-
$485,164
—
do
not include
the earnings
Julius Kayser (Aust.) Pty., Ltd. or
from,
Manufacturing
company
100.000
for
31
1947
Cash
555,000
figures
received
Kerr
AUGUST
SHEET
that
away
Mr.
Ltd. of England.—V. 166, p. 1685.
bonder,
Aug.
BALANCE
surplus
above
NOTE—The
Inc.
ASSETS—
.Lockheed's
planes,
$1,118,689
—
earned
to
Balance,
dividends
Carr
CONSOLIDATED
.1,048,760
$1,039,789
—.—__
•
paid
and
649
Shooting Stars to the Air Force domi¬
picture for 1947 with 259 of the speedy
to
31, 1946 and for current year
Jantzen Knitting Miils, predecessor company.
ior
merger
—
Realty,
Jantzen
including
104,611
775,285
•
$1.22
—
_._
share
common
"Consolidated,
date of
100,000
$1.91
stock
stock
'145,503
—
taxes
Canadian
554,625
income
Net
Dividends
$291,573
47,500
120,000
—
:•____
and
Model
P-80B
factory.
Navy's long range search-patrol plane, the P2V Neptune, also
took an important role in Lockheed's deliveries with 49 of the powerful
1,158
2,675
:
type
new
The
$2,273,218
$1,963,252
.
Federal
for
Crj.OOO
^
profit
•Dividends
to
2,500
nated
fighters
year
322,975
profits taxes
■Reserves—sundry
income
gross
Provision
61,933
*
225,597
—
the
of
749.
Dellveiies of late model
$2,131,151
142,067
$1,788,234
175,018
__
Interest
31,048
84,114
„—_
state income and excels
-
_
___.
Depreciation
80,477
Interest expense
Depreciation
income
Total
$704,530
•
'Federal &
operations—
from
income
14
Model
1946
1947
•.
49s,
Subs.)—
Wholly-Owned
Co>(&
&
Monday, February 2, 1948
flown
97,830
$828,165
.i——
Gross
Other
$606,699
$638,912
Kayser
6 Months Ended December 31-—
5,938,016
2,578,262
3,433,303
L——I
'Other income
V.
»i947
$12,711,875
- 8,639,660
v
.
Sales
(Julius)
YEARS ENDED AUG. *31:
CONSOLIDATED INCOME STATEMENT,
•
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(548)
increase
an
year,
LIABILITIES—
Notes
construction
balances
Salesmen's
Wages,
payroll
Federal
and
taxes,
268,0J0
portion
Net
($1
"Land,
paid—
ASSETS
$395,717
$282,592
653,136
735,255
3,527,215
942.339
955,391
41,724
49,704
$4,956,505
equipment
$1,304,000
655,833
(net)__
...
assets
1,958,506
$7,296,671
Total
1,690,110
$6,203,214
:
J_
Jan.
•
Bank
and
Accounts
165, p. 2547.
Johnston
The
Mutual
the company
$255,828.
to
The
follows:
was
as
and
Dec.
31,
and
20,
Officers
L.
share
31,
40
and
$25.00;
30,
stock
A.
131,157
on
The
cents
20
each
and
July 20
on
Net
first
three
serve
Theodore
and
named,
the
on
Johnston,
T.
k ng
wo
board
of
H.
"After
t
and
31
1
Income
from
dividends
Management
FROM
PERIOD
and
reserve for contingent
income—j
;
$1,240,114
at
amortization
Net
loss
(excl.
from
sale
of
30.-*-V.
June
166,
Net
sales
Net
1,057
taxs,s_
of
prolit
of
of investments at Dec.
BALANCE
ASSETS—Investments
4,027
31, 1947
taxes,
accumulated
$55;
net
interest
:
1947
(average cost $245,967),
and
receivable,
dividends
~
payable
proceeds
income
(-realized
31,
DEC.
quotations
accrued
LIABILITIES—Accounts
undistributed
SHEET,
market
at
cash, $19,512;
total, $268,626.
iaccrued.
30
from
(excl.
loss
net
securities
for
of
sales
of
$13,725; .j
purchased,
capital
stock, $251,014;
losses), $834;
securities
(computed
basis
on
of
Kaiser-Frazer
Period Ended Dec.
•Gross
p. 2560.
-
•
Sale3
3 Mos.
< ;
,
;
13,415,861
stated
company
;cnded
12 Mos.
_—h_—$101,999,563 $260,975,279
_________
profit
The
Dec.
that
31, •1947,
information
the
reflects
various
for
19,505,131
£
*
-
* *> ••
:'
quarter and
conform
to
the
substantial
results
year-end
»ventory taken by the corporation
as
of
after
:
-
•
.
$2.20
—V.
$8,823,010
217,100
$0.44
share
corporation
Is
negotiating
with
Continental
Motors
grazer,
•
lvealed.
profit
to
President/; announced
'
on
The
(common
$830,408
242,325
'313,678
preferredX
and
for
needs.*
future
00,000
improving the plant,
which
it
has
under
it
would
Net
outstanding at end of period
share on common stock___'__l
and
earnings per
167,
p.
254.
:
>
-
-
-
-
$588,083 J
576.081
'
$1.37
.
576,014. '
^
$1.39
:
■
.
(F. & R.) Lazarus & Co.—New President—
for
»•
-
Robert
and
spend
lease.
2
-
has
Lazarus
Secretary,
Mr.
Steinhouser
Elected
1,500,030
nties
mEany has'not revealed
shares of
common
;:::d
iionnn
v;
definite plans
recently
would
registered
be
placed
to when the
as
on
with
the
R.
Secu-
the market.
/It 1
additional^tooling
u
1
shares
of
and
expansion
this
year.
been
elected
Lazarus
stock.—V.
167,
11
is
hths Ended Nov.
M
Opera) in;
Operat
Gas & Electric Co.—Earnings—
e
revenues
has
the
been
board
veteran
addition
30—
;
to
of
1947
reserve
sales
appropriations
Taxes
Jz.
'
775,000
directors
members
the
of
the
2,248,523
$2,974,567
929,196
(net)
—1Vei66C°™e468
1
discounts
2311.
.
$1,822,885 $2,029,977
'
Natural
Gas
Co.,
Inc.—Files
With
per
share.
Trust
1947
reduced to
be
* ; ■
See V.
167,
p.
of
Capitalization—
Underwriters
Co.
166,
of
p.
are
a
letter
of
Cruttenden
Lincoln, Neb.
notification
with
the
SEC
preferred" stock to be offered at $104
Proceeds
159.
&
will
Co.,
Chicago,
be used
to
and
pay
The
indebt¬
share
Sept.
$26.02
report
by
said
that
Mr.
Gross
Forces
Corp.—Has Backlog of $126,000,000
Robert
E.
deliveries
accounted
for
more
Gross,
of
President.
military
than
•
airplanes
$73,000,000
of
v
.v
to the U. S.
the -company's
sales with more than $G0,000,000 representing deliveries to com¬
operators of the Lockheed Constellation.
During 1947 three new airlines inaugurated Constellation service,
bringing the total of Constellation operators to 12 major airlines with
a
worldwide fleet of 122 airplanes in service at the end of the year.
mercial
Airlines
received
55
new
Constellations
in
1.947,
shareholders
when 61,-909
vVv-'y'-a-oA'/k :
(The) Mengel Co.—Unit Selling Kemper
,
•
L.
and-
30,- 1947,. when there were 7,834,258 shares outstanding;
at the end of 1946 when there were 7,468,019 shares.—V.
announced
Plywoods,. Inc.,
now
are
selling
on
.
,166,
/V;.;-:, V
Cabinets—
>>
and General Manager of U. S.-Mengel- <
Olmsted, Vice-President
B.
Jan.
27 that its warehouse-distribution
cabinets to the wholesale trade.
Kemper kitchen
yards, building supply firms and other similar outlets will
be supplied through this arrangement.
. .
.
These
cabinets
are
manufactured by the Kemper Furniture < Co.
which with United States Plywood Corp.
U. S.-Mengel-Plywoods, Inc.
The lalter's warehouse-distribution
are
located in Atlanta, Houston, Jacksonville,
Louisville, New
division
Orleans,
The
of
St.
Mengel
Louis
Co.,
and Dallas.—V.
including six Model
167, p. 435.
'
Mercantile Acceptance Corp. of Calif.—Files
435.
and military aircraft by this corporation
valued at $133,000,000, it was stated on Jan. 27 in a
were
High Records
and orgahizations owned 8,009,267 shares. Net asset value per :
was $25.36
at the close of the year compared with *$24.87. on *,
1582.
p.
the corporation
preferred stock
commercial
during 1947
•
persons
The
Lockheed Aircraft
business in general for
47
number
company
for
Deliveries
serve
reports new high totals both in number of
of shares outstanding on Dec. 31, 1947,
Trust
in
owns
70,000.64 shares.
now
,
1946
$40,260,834 $31,344,492
allowances
$36,844,000.
from $227,caused largely
Lumber
total
'The company on Jan. 23 filed
for 2,200 shares of $5 cumulative
edness.—V.
Higher—
Should 8,292 chares of preferred stock be tendered to
its recent offer of purchase, the outstanding
Armed
SEC—
First
and
banks
Massachusetts Investors Trust—Sets New
y:/:
under
preliminary
Kansas-Nebraska
s
Midland
Marine
This
J.
$2,959,173
1,151,682
income
p.
The increased loan demand was
the expansion of industry and the need of
working capital and improvements.
and
:
r
•
organization,
the board now includes Fred
Federated- Department* Stores,
Inc.,
above,
Lit Brothers, Philadelphia—Reducing
will
Dp rating
to $265,300,000.
by
Simon
Eugene J. Kramer and Milton
were
owned by the corporation, its banks
$559,60.9,000 to $514,663,000 in the
from
decreased
Other securities owned increased from $29,180,000 to
and discounts, exclusive of call loans, increased
units
■
733,708
~
1,883,756
—
J t ome deductions
after
166,
194c
$9,472,712
3,531,308
1947-—
Corp.—Earned 99c a Share in
to
■
late
reelected treasurer;"(/A
(James) Lees & Sons Co.—Sales 28.5%
Net
,5,068,962
$497,409
$1,054,882
Loans
units
~
-
.
$10,702,285
—
a—
Prrpery retirement
.
;
Lazarus,
Jr.,
President
of
Cincinnati;
Leonard R. Minster, John Shillito -Co.;-Cincinnati; James H.. Becker,
A.
G.
Becker & Co.,
Chicago; "and Walter Rothschild, President of
Abraham & Straus, Inc.,
Brooklyn, N. Y.—V. 158, p. 1349. y
—V.
—________
expenses
.
report
affiliate
.
Calendar Years—
,Kair
,
<
operating
net
an
900.000
Vice-Prertdent
the
brother,
his
succeeds
'
Formerly
*
434.
p.
President.
,
^an; 26 notified the Securities and Exchange
d P°stP°Red indefinitely the proposed sale of
common
to
Simmons,
In
t«.carry out its expansion plans and. may not .
Frazer said- The company will spend .about l
fCA
for
'«°
rwT
stock,
Exchange Commission
crA
1,500,000
any
444,936
communities through 98
banking offices, all in the State of New York.—V. 166, p. 1582.
v.
•;? .Unanes Y. Lazarus and Ralph Lazarus have .been reelected VicePresidents.
Mrs. Jessie Ross has
beern named Secretary and Julius
W.
POSTPONES SALE OF 1,500,000 SHARES OF STOCK
.
1
$74,392
<
$2,306,910
$1,937,623
*1,252,028 ;\1,440^214
-
,
$13.21 on Dec; 31, 1946.
S.
Government securities
U.
'
$499,713
;
of com. shares
Lazarus.
announced
155.
annual
year.
-■
•-
106,515
$181,083
,
106,691
$216,659
*
—
etc.—
p.
solidated
The
Corp.
140,300
$323,174
$1,492,637
$2,166,610
54,328
.
$813,391
—.
stockholders
Reserved
No.
—V.
some time this spring, Joseph
Jan. 28.
The price was not
/^«1^er"Pra?€r >CorP* had previously
167,
with
;
P^rchase of the' latter's .Detroit plant
int.
;
Marine Midland
shipped and dollar value of sales
Oct. 31,
1947.
Unfilled orders
Negotiating for Continental's Detroit Plant—
This
$126,755
18,140
-
adjust¬
1947. '*;•
$305,034
income
Net
1,077.635
taxes
common
per
fos tonnage of castings
established
in
the
year
ended
-
a material increase
complete physical in-
31,
Dec.
83,017
40.08C
,
■
income
income
Rentals
1946
$14,868,766
—
year
the
of
- "
1947—12 Mos.—1946
$1,677,854 $23,460,988 $20,615,298
1,375,052
18,378,282 16,878,490
136,301
2,169,637
1,520,660
26,308
386,145
'■ 420,779
13,438
360,314
302,732 '
v
.
1947
records
Net
Divs.
the
iDr)___—
income
Gross
>
>
ments including provision- for certain'reserves and
in ^Inventories
to
Other
.
Corp.—Earnings—
31, 1947-
Vice-
.
leverage cost) Z)r$30; unrea'ized appreciation of investments, $4,028;
total, $269,626—V. 166,
as
«
security profits and
on
resigned
stockholders issued on Jan. 27 reflects con¬
income of the corporation and its affiliates
amount to
approximately $7,000,000..'
:
for the year ended Dec. 31, 1947, of $5,557,685, equivalent to 99 cents,
The directors have declared a dividend of 15 cents per share and an
per share on
the shares outstanding in the hands of the public , on
extra dividend of 10 cents per share, both payable Feb. 23
to stock¬
Dec. 31,
1947.
This compares with 95 cents , per share for the year
holders of
record Feb. 9.
The stock
is not
on
a
regular quarterly \
1946.
Grass operating earnings
increased substantially. Salaries and
dividend basis, but has paid dividends of 15 cents each quarter com- m
wage's increased 13%, over the year 1946, and other expenses were-;
mencinsr D^c. 9,
plus a year-end extra of 15 cents on Dec. 8,
higher.
Provision for Federal Income and State Franchise taxes was
1947.—V. 166, p. 1685.
$2,451,925, compared to $2,319,390 a year ago.
>
Dividends
received
by
the parent company from its constituent
banks and trust companies amounted
to $2,501,730 and the parent
Lane Bryant, Inc. (& Subs.)—Earnings—
company
declared dividends during 1947 amounting to $2,103,828,
or
,Six Months Ended Nov. 30—
1947
*1946
/
37'/2 cents per share.
-/(V •
Sales of merchandise and services to our ousts. $24,579,102 $22,533,372
"-Net addition to capital surplus after deducting dividends paid and
Profit from operations—
accrued was $3,118,000 for the year.
This reflects the net change in
•
1,538,189
1,443,775
Provided for wear and tear of our property ac¬
the capital, surplus and undivided profits accounts of the banks, an
counts due to use
L;
*'
175,954
62,944
affiliate, and Marine Midland Corp. itself. The book value is equiva¬
Interest on money borrowed
lent to $13.80 per share on the shares of Marihe Midland Corp. stock
J
;
38.844
21,423
Federal
income
taxes..
510,000
529,000.
outstanding in the hands of the public on Dec. 31, 1947, compared
were
incorporation.
$249,995;
$1,119;
New
$7,136
..
securities—2
Unrealized appreciation
"Date
•
*
(Br)
rents
Net ry. oper.
at Dec.
Lakey Foundry & Machine Co.—Earnings—Ektra Div.
security profits and losses)
5,553
rents
fac.
has
1947—Month—1946
$2,279,725
1,846,035
—
Equip,
Jt.
he
RR.—Earnings—
revenues.—_
Taxes
that
1685.
p.
.v.;-].
,.*v •
Years Ended Oct. 31—
$8,193
and
fees
Operating
iron
have
longer be
^i^^
;vA":;;
-
cost which can 110
Inc.—Vice-President Resigns—
announced
26
Operating expenses.
Brown
Earnings
income
Net
-.W"/'
$2,094,734
$1,298,295
of
reserves
,
1947 TO DEC. 31, 1947
1,
$5,663,282
However, he pointed
1.—V. 166, p. 2560.
Period End. Dec. 31—
125,920
1,517,909
$3,017,380
declared.
capital, less
on
depreciation and
■/'i
directors.
interest
and
custod.an
"FEB.
Jan.
on
Maine Central
1,456,000
125,920
1,419,523
*
FOR
1
350,000
1,456,000
;
Walker
Delos
'
'
RESULTS
an
President, effective Feb.
1,000,000
$4,956,505
taxes
President; Allen
W.
Jennings
von
der Heyde, Secretary
C.
Van
Eeden,
Assistant Secretary
and'
John
Godley
1947:
Douglas
are:
a
steelmnking
increase in our
ignored."—V. 167, p. 155.
253,620
"
170,000
income—
$25)
1
surplus
22.
Dec.
on
Fund
and
in
paid
were
Treasurer.
Frederick
income.
on
(par
Total
cents
the
of
Treasurer;
Assistant
June
237,405
expenses——__
surplus
Earned
quarter of 1947
Sept. 30, $25.55;
end of each
the
at
$24.90;
Lind.ey, ( V.ce-Pres;dent;
and
Common
Paid-in
per
March
taxes
contingent taxes
stock
in
other
brought
12,500
for
$25.56.
div.dends
Three
Oct
value
accrued
for
Preferred
that
;
asset
net
payable
and
Reserve
at Dec. 31, 1947
had 48 stockholders, and the net resources had increased
reveals
report
annual
payable
Reserve
Inc.—Annual Report—
Fund,
first
corporation's
payable
Dividends
—V.
on
"very substantial increases in the cost of scrap metal, pig
raw
materials used in the manufacture of steel plates
that
and
(R. 11.) Macy & Co.,
loans
other
results
increase
price at Coatesville, Pa.,
plates was announced on
a'.l shipments made on and
base price for Lukcns carbon
steel
alloy
Wiese, Vice-President in charge of sales,
out
LIABILITIES—
Total
Increased—
base
its
on
effective
company,
The
26.
ton
and
plates
this
by
net
per
$5,663,282
$404,000
—_
and
after
Dec. 31,'47 June 30,'47
3,036,714
23
$6
steel
>'steel p.ates of $3.45 per 100 pounds, and for Lukens alloy steel plates
of $4.80 per 100 pounds.
"This company has refrained from raising the price of steel plates
>
in
the
hope
that
such action would be unnecessary," J. Frederic
609,844
609,844' J
—a
/ "
of
increase
carbon
Jan.
LIABILITIES
AND
;
bu ldings
An
for
43,680
—
OF
(net)
Miscellaneous
200,000
.
'
$3,446,235
30,101
15,417
payable.
or
Inventories
250,000
_
__
1947
.
—
Receivables
1,050,000
200,000
-
surplus
dividend
paid
;
,
—
ASSETS—
Cash
;v; ; ;
1,050,000
pah)—
Capital surplus
'Earned
aiv.denas
\ Common
372,787
.
2,500
($100 par)___
cumulative preferred stock (par $100)
stock
—
Prelerred
Capital and surplus:
Common
profit
STATEMENT
424,175
(Excess
5% cumul. preferred stock
31,
—
—
_
1,(00,000
(Reserve
\
sales
693,750
—
payable—unsecured—installment
profits tax and interest (deferred)
for purchase commitments
DEC.
ENDED
MONTHS
Lukens Steel Co.—Price of Plates
Net
u*';•
37,500
—
payable—secured—instalment
Mortgage-
325,382
tax—current—est—
Mortgage ' payaole—current
'Note
198,332
etc.—
inc.
state
65,924
SIX
FOR
3J0.831
87,357
obligations—__
other
RESULTS
$1,300,000
309,033
155,912
accounts
and
$250,000
'
payable.—
payable—banks
Trade and
2,092%
$20
each.
ceeds will
on
Jan.
19
filed
a
be
used
Merchants
general corporate purposes.—V.
for
Acceptance
With SEC
letter 01 notification with the SEC
shares of first preferred 5% series stock
Underwriter, Guardia Securities Corp., San
to be offered at
Francisco. Pro¬
166, P- 469.
Corp., Worcester, Mass.—Reg¬
isters With SEC—
The company on
covering
Of
like
amount
and
the
ceeds
Jan. 20 filed a registration
statement with the SEC
75,000 shares of class A stock. Underwriter, G,, H. Walker &
43,383 will be offered in exchange for a
the shares registered,
Co.
of
outstanding
additional 31,617
will
be
used
to
pay
old
shares
A shares.
Unexchanged shares
will be sold publicly at $13.75.
Pro¬
class
off bank
loan.—V. 156, p. 2134.
:
Volume
Number 4669
167
Metropolitan Edison
i
Period End. Sept. 30—
Operating J
rev.
(&
—2
Operating
.
Other
income---.
:
$2,987,521
income
—,
$3,373,002
8,842
Plant
in
73,226
Gross
income
$2,996,363
.
deductions
$3,408,278
$4,135,703
660,787
in
Cash
782,519
'
and
642 T 29
(net)
of
value
surf,
Postwar -refund
60,926
1,804,404
825,000
656,125
,303,263
3,194,447
16,565,276
178,053
165~215
37,700
137,358
directors
etc.
151~955,'
to
holders
quarterly
addition,
with
"Reduc, in Fed.
Balance,
"Resulting from
deductions
in
$2,843,445
consolidated
Total
*—293,050
r
$2,546,915
$3,835,172
$3,474,916-
inc. tax
surplus —t
amortization
ganized
$2,843,445
$2,546,915
$3,474,916
returns,
for
interest
in
View of the
no
and
Notes and
crued
Fed.
Gross
earnings
Oper.
cxp.
!
1947—10 Mos.—1946
1,395,327
1,298,158
14,193,318
income..
-$249; 728
$237,596
$2,281,891
$2?396,039
188,000
185,000
1,880,000
1,920,000
oper.
$1,535,754 $16,475,209 $15,079,565
Cost of 1,300
&
Net
—v.
$61,728
earnings.;
-
167,
$52,596
$401,891
165,
254.
p.
The
company
9
filed
letter
a
S.
notification
of
with
the
SEC
21,839
2,550,926
10,151,416
2,550,926
2,550,926
6,244,385
4,635,457
Prl2,017
Dr12,017
Drl2,017
and
in
have
and
ThC
Middle
tribute
West
stock
Corp.
Central
of
authorized
was
Illinois
Jan.
26
Public Service
by
Co.
the
to
credit
SEC
to dis¬
stockholders
its
to
p.
a
share
one
of
Stock
On
quoted
and
of Middle
after
for
the
on
Jan.
27
Holders
after
West
until
26,
Public
capital
runs for a year, the company
credit of $3,350,000, consisting of
Productions, Inc., covered by
Artists
each
of
this
that
26,
adm.
FOR
other
is,
1948,
"distribution
transactions
for
each
the
Los
Angeles,
Manhattan
two
shares
The
of
Cost
SEPT.
of
Co.
Co. of
York.—V. 105/
.New
1948
$14,561,935
products
28,575
4,410
-—:—
-
Interest
sold__
and
Federal
3,991,812
241,603
505,973
4,916
■
-deductions
taxes, on
6,801
„
(est.)
,
-
shares
per
558,000
outstanding
1947-
•9
Mos.—1946
950,615
.
$0.95
—
$$395,485
950,615
$0.66
Nil";
$2,401,962
76,143
64,370
218,058
189,251
Fed.
of reserve for deferred costs of war production credited to
(equal to reconversion costs of approximately $175,000 included
.and expenses for this period, less recoverable portion of prior
Federal taxes on income attributable thereto).
tHecoverable
income
$2,574,141
in
years'
2,694
27,495
19.912
32,842
45,000
178,000
175,000
276,000
back
of
of
.
prior
net
year's
Federal
operating loss
1,119,591
$17,585,926
income.
$18,043,266
charges
taxes
income
on
and unused
\" NOTE—Provisions- f6r depreciation
arising from
profits credit.
excess
8,478,255
8,501,919
$9,541,347
$1.36
$1.42
share.
—
Insurance
will
Co, and Aetna Life Insurance Co.
$2,613,000 and $2,612,000, respectively.
used
be
to
Co., New
Light Co.
&
Jan.
on
14
additional
acquire
Electric
SEC
Bedford
approved
issue
the
shares
of
Light
common
Gas
Co.
Edison
&
Cepe
and
and
granted company ex¬
this instance. The SEC,
its
terms
rule
petitive
with
sale
-
Electric
the
For
which
from
the
prospective
purchasers
so by the
Commission.
granted the exemption
SEC
of
securities
requires
com¬
bidding in connection with the public sale of the securities
registered holding company or its subsidiaries, unless the Com-*
finds
it
is
not necessary
in order to protect prospective
of any
mission
output
of
11.96%
\
Output Up 11.96%—
week
ended
16,285,840
above
a
Gas
of
of
they are authorized to do
The
2i3,
January
kwh.
This
production
year
of
is
•
this
Associatibn
increase
an
14,546,351
kwh.
of
the
for
-
'reports
1,739,489
electric
kwh.,
or
corresponding'
ago.
is
output
reported at 257,200,000 cu. ft.
This is an increase
cu. ft., or 21.05%
above production of 212,476,000 cu. ft.
corresponding wtek a year ago.—V. 167, p. 435.
44,724,000
for
the
New England
Telephone.
3l—
Period End. Dec.
1
.,.
Operating revenues
tOperating expenses
Federal
ex-
carry¬
$Loss.
Total
..
$
-
128,913,945
105,154,199
<-i
742,334
t256,949
2,637,974
_i4-—2,194,774
—
2,231,862
8,723,100
43,664,799
11,747,227
oper. Ancome_/__
tOcher income (ne,t)-^.
property, plant and equipment
$
33,56^385" 141,810,209
27,408,775 118,-701,908
31,782,782
income; and
taxes
Co.—Earnings-
1947—12 Mos.—1946
$
"33i091,170
Nef;
v
^
profits taxes-^—;
cess
Other
& Telegraph
1947—3 Mos.—1946
.•
costs
portion
taxes—
other
$9,107,671
negotiate
or
9,411.
$683,310
.
950,615
share
$16,923,075
competitive bidding rule
in
however, outlined conditions-under which such exemptions would not
granted in the future.
■-.'■v'. v/":
'. -i:
It will not grant exemptions, the SEC said, where
applicants disbuss
420,000tCrl,172,000
$959,312
-
common
1946
71,682,346
51,321
,
——
income
Net profit
Earnings
30
$1,028,804
and
'h:-.
Middle
1947
be
$2,991,032
13,238,596
359,011
expenses
:—>—,
'Miscellaneous
Subs.)—Earnings—
$15,546,570
common
Vineyard
The
"47,985
_
20,089,499
general
compared
——iii....—80,531,585
other
per
Proceeds
&
$2,938,637
4,638
"Portion
1947—3 Mos.—1946
and
Worcester Gas
1945 it?
...
.
$21,970,738 $14,590,510
of
Administrative
'Common
ENDED
Guaranty' Trust
$21,966,100
credited back
1948,
255.
England Gas & Electric Association
Bonds
Privately—The First Boston Corp., it was an¬
nounced Jan. 26, has placed
privately with certain in¬
stitutions $5,225,000 20-year sinking fund collateral
bonds, series B due 1968. The bonds were sold to the
week
this
(&
30—
income
before
»
1947
income.
reserve
p.
New
AftifeHca—Earnings—
of
Total
;
PERIOD
income
income
of
.
3 Months Ended Nov. 30—
on"
in
$1,029,531
—-
than
of
Cbrp.
2,
167,
Placed
be
held.
1—
cxps
Co,
Bank
and" Baink
Portion of
two
will
Net
purchasers.-
"ex-distribution."
Service
,
California
ftliiitfay
two
1948,
corporation
operating
Interest
Security First National Bank in the-
2417.
-
including Feb.
stock
Notes will bear interest at the
■
the
Miscellaneous
Curb Exchange,
Beginning Feb. 27,
stock
income—,*
Federal
for
yew
yith
are:
Jan.
on
1947.—V.
2.
1
2,039,356
emption from
which
Allied
Net sales
and
capital
Period End. Sept. 30—
Taxes,
Illinois
date
corporation's capital stock of record at the close of
26, 1948, at Wilmington, Del., will receive on and
1948, one share of common stock, par value $10 of
Illinois
&
this
York
New
EARNINGS
Gen.
Central
of
cn
Jan.
Corp.
Total
par)
held
of thfc
on
Feb.
Central
the
be made only
may
business
and
dealings in
"ex-distribution."
issue
($10
West
Dealing Two Ways—
and
markets
stock
common
Shares of stock
a
..V^v
.
revolving bank
a
loans
participating
New" Yoidc
further step in. its liquidation plans.
Middle West proposes to
distribute to its stockholders of record at the close of business Jan. 26
as
AVi'i
Banks
:
paid
was
jan.
income
Travelers
.
on
the agreement,
of
available
loans
of
rate
;
1947, $7,239,847 in 1946 and
100,000
no
par
shares.—V.
by
\
Under terms
will
direct
Middle West Corp.—Stock Plan Cleared—
expenses
Earnings
George D. Burrows, Executive Vice-Presi¬
Jan. 24 announced the signing of a new loan
this corporation with the Security First National Bank
by
on
this
on
—V. 166, p. 1086.
and
President,
Treasurer,
cents
cents
share
per
of
March
madb regular
issue, and, in
company
revenue—.—.——$96,078,155 $88,606,021
128,534
$37,-336,764 $29,327,427 $25,621,819
guarantee of Monogram Pictures Corp.
>7
37»/2
cents
the
dividend
payable
16,787
-
Broidy,
25
Ended Sept.
708,268
of $7,713,135
tRepresented
California.
ol
for 30,601 shares ($1 pari common stock to be offered at
$6 per share
Without; underwriting.
Proceeds will bs used for working capital and
equipment.—V. 167, p. 255.
130,000
44,861
213.
agreement
Jen.
on
130,000
—....—r
1945.
Other
Monogram Pictures Corp.—Bank Credit Agreement—
dent
SEC—
Operating
320,775
pfd. shares in treasury
depreciation
p.
,
of
25
Previously,
9
Dividend
quarterly
$10,
par
1,277,043
320,775
,
—
in
of
16.
of
in the amounts of
T
Mid-Continent Airlines, Inc., Kansas City, Mo.—Files
With
4,296,046
1,038,639
320,775
.
"Alter
$5,501,379
$476,039
7,332,882
2,967,302
Total
■:i
'
Int.
regular
700,000
losses-
reserve
Earned, surplus
12,683,526
sinking-fund.
Net
$1,645,055
700,000
9,483,501
pfd, stock
Capital surplus
—
extra
an
operating
Net
liability..——
for casualty
Feb.
distributions
12 Months
ac¬
—
for conting. & postwar
Miscellaneous
$11,000,000 $11,000,000
700,000
and foreign income taxes..
Res.
a
Net operating income
$11,000,000
payable and
Dividends payable on
(& Subs.)—Earns.
1947—Month—1946
deprec.
incl.
accounts
declared
26
New England Electric System
•
GroSS
;
($1 par)
expenses,
Reserve
Mexican Light and Power Co., Ltd.
$37,336,764 $29,327,427 $25,621,819
preferred stock
par
Common stock
on
Period End. Oct. 31—
■*>'.'
LIABILITIES—
t$6.50
$4,128,222
securities of former indirect parents (reor¬
Jan., 1946), which deductions are no longer available in
reorganization of such parents.—V. 166, p. 1685.
charges
..^4-———;
record
of
extra
an
'
NCt Infcbme
Jan.
on
V? bents per Share'on. the commoh: stock,
32,761
132,931
pol.
(Dominion of Can.)
charges,
The
37
13,519,875
348,610
insur.
life
1,620,545
,257,425
141,122
English company-....—_.
Deferred
1,819,982
525,000
;•
receivable
accounts
National Tea Co., Chicago—Larger Quarterly
J
1945
$6,063,969
;—__
hand...:
on
(549)
.
Inventories
$4,617,691
564,833
449,448
..^.
and
Notes
Inv.
Income
bank
31
1946
$$,160,777
$9 941,163
Dominion of Canada .war bonds..
$4,544,465
18,019
property not used
Cash
CHRONICLE
OCT.
SHEET,
1947
assets—,
"Property, plant.and equipment....
—
$4,117,683
,
35,276'
.
FINANCIAL
v-
1947—12 Mos.—1946
$-16,353,504 $14,581,567 $21,680,384-$19,-514>114
dedUcsL
13,365,983
11,208,565
17,562,701
14,969,649
f
&
CONSOLIDATED BALANCE
v
Sub.)—Earnings—
1947—0 MdS.—1946
revenue?
Operating
Co.
THE COMMERCIAL
3,371,280
73,849
Income
Drl23,G45
.
3,445,129
fl,192,136
8,57*2.113
113,995,497
119,160'.
3,541,154-
Dr456,611
income
167,
and
2
$905,694
$758,939
$2,101,171
$1,903,868
1947 and
Total
sales
year ended Oct.
$31,874,265. the previous
with
Which
included
the
1947
substantial
sales
31,
receipts
in
all
an
time
high
in
com¬
than
1945,
$51,229,453,
$42,186,090
1946
/ Benefit payments in 1947 totaled $111,516,908,
according to year-end
figures made' public by Alexander E. Patterson, President. Death bene¬
1946
fits amounted
in
in
the
any
since
year
47'/^
to
the
of
$58,702,795,
or
1942.
total, or $52,814,113, while the remaining
to living policyholders.
Benefits to living
went
policyholders
for
the
$52,506,908,
included about $13,300,000 in endowments, $12,200,000
annuities, $15,800,000 in dividends and $7,000,000 in disability pay¬
ih
year
were
$52,533,607.
Cash disbursements
approximately between materials, supplies,
taxes, et cetera, $34,270,085, wages $17,434,946, and dividends
$801,937.
Net profit for the year carried to
surplus, after all charges, including
Federal, State,
and Foreign
income and
other
taxes, amounted to
$4,708,968. This compares with $1,702,597 net profit for the
preceding
year.
The profit in 1947 amounted to 9.2 cents per dollar of sales.
were
in
53'/c,
history
ments.
divided
1,106,140
2,435,014
6,633,194
9,174,924.
1,555,701
2,333,551
6,611,729
9,334,206
Balance
427,558
101,463
$1.57
21,465
Net
■
•
-
,
The
company continued to show new gains in amount of insurance
in force and in new business, according to the report.' Insurahce
paid
for in
1947 was $324,172,419, an
increase of 10% over the
months
of
largest
for
any
since
year
1947 totaled $4,113,862,335.
1931.
This
Insurance
size of
policy issued
was
in
force
4,363,962
$4,691, the highest
was
higher
than
in
than
the
normal
policyholders
167,
for
two
preceding
peacetime
was:
ratio
lowest
V.
tHe
rate.
Mortality
W'ere
the
among
company's
only 54.4 % .of the rate provided for. This
year since 1926, with the exception of
was
any
the
1946.—
435.,
p.
Dec.
eliding
31,
respectively, subject to
a pending rate case.
1947
for
the
three
in
the
of
$5.90
the
and
$213,800
event
$159,282
$4.26
months
approximately
refund
and
twelve
$598,800,
adverse
an
;
_
decision
' V
■
.
,.1
t"Operating expenses" exclude amounts of $173,562, $173,562, $694,257, $694,257,
for
the
respective
periods shown
representing
that
portion
to
of
employees'
miscellaneous
accounting
service
deductions
requirements
pension
from
the
of
accruals,
income
in
Federal
which
order
to
charged
were
comply
with
the
Communications
Commission,
and are included in
"other income
(net)."
The company considers
that these amounts were, in
fact, current operating expenses.
..,
Jlncludes
the
profits
excess
effect
of
credit.
estimated
refund
SDeficit.—V.
New Orleans Public
for the company.
on record
but still considerably lower
years,
$1.27
167,
arising from
carry-back
of
435.
p.
a
Mrv Patterson said that policy lapses and surrenders in 1947
.
at
per share
in
gain of $165,239,635
the year, the greatest increase for any year since 1930.
The average-
in
manufacturing facilities. During the past year production was started
oiuthe one-man hay baler (which is marketed under the
trade name
Bale-O-Matic) and manufacturing schedules of this machine are
being
gradually increased as facilities and materials permit.
_22_
""Operating revenues" include
previous
end
the
the
and
year
Net working, capital was $13,956,238 on Oct.
31, 1947, compared with
$12,138,507 on Oct. 31, 1946, showing an increase of $1,817,731.
Present plans call for continued modernization and
expansion of
income
Earnings
/ Company on Jan. 22 reported that its policyholders and beneficiariesreceived .mbrfe ,.benefits from their life insurance contracts last
year
company.
Cash,
were
and
contracts,, whereas, the sales
all farm machinery.
Again as
substantially
farm machinery attained
of
1947,
year,
war
were
the
Of
-
the
1,461,870
Interest deductions
i
Largest Since 1931—
.
for
pared
and
ness
:
.-
amortization of cost of improvements to leased
property
$263,239 and $169,760 for the three "months ended Nov. 30,
respectively.—V. 106, p. 2421,
1946,
13,538,686-
Mutual Life Insurance Co. of New .York—New Busi¬
{
Minneapolis-Moline Power Implement Co.—Annual
Report—W. C. MacFarlane, President, Dec. 18 said in
part:
thb
for
amounted to
255.
p.
1,983,259
Dividends
Net
-v.
11,866,395
5,233,201
Period End. Nov. 30—
'/
Operating
Oper.
expenses
Federal taxes-.
Other
Service
1947—12 Mos.—1S46
$2,439,552. $32,792,120 $31,144,050"
1,386,713
18,989,956
16,772,116
1,616,153
239,804
229,286
"
260,815
res. approp.
250,036
3,171,313
3,215,885
300,000
taxes..
Prop, retire,
Inc.—Earnings—
1947—Month—1946
$2,693,259
revenues„_
294,500
3,710,500
3,731,523
$279,017
$3,704,466
$3,741,908
3,727,527
3,170,976
"
The
Como
quired
for
converted
•A.
to
plant
production
the
in
of
production
Minneapolis, which was originally ac¬
materials, has now been completely
Net
Sailes
of
farm
machinery.
'■'>.
admin.,
cost,
Mfg.
gen.
earnings
of
$2,815,195
$3,178,682
'425,265
430,709
334,395
330,459
:
$8,515,047
Misc.
charges—
Depreciation
730.976
Interest paid
$3,513,077
—jl"
."
560,559
$6,214,233
10,259
5,190
.
961,286
72,787
r
'
803,63<T
73,784
on
renegotiation
contracts
foreign
Prov.
1
__——
Federal
for
income, taXes_
for
.
credit
for
profits tax
cess
version
Prov,
2,965,161
861,561.
.13,500
173,400
;
•
574,250'
749,685
3,595,360
„
14,118
V
emergency
Preferred
"16,846
-
"Accelerated
fiscal
$1,702,597'
'
*
joining
with
Airlines
G.
Taxi
801,937
801,938
.801,938
$5.81
$1.52
$0.56
$1.08-
amortization
of
emergency
facilities
applicable
to
^
'
* '
v
,1
,
;/
1
J
of
in
'
■
and
Service
as
a
Chicago.—V.
/.
s',
■
)
(after deducting related claims for refund of income and
profits taxes and renegotiation rebates amounting to $550,532),
for possible net refund which may result from renegotiaV
of
profits
on
war
provided in pfior years.
contracts.
' I
}For
doubtful
notes
and
accounts
133.375
128,613
$3,837,841
$3,870,521
1,058,333
1,061,930
bonds___
mort.
on
-v.
int.
87,604
88,489
deduct.
4,847
30,394
$193,818
$172,944
and
;
201,912
National
Life: Insurance
>
Co.,
:'
:
-,--•=
167,
■,
/>:
316,920
$2,577,596
$2,491,671
-
who;
a
year
ago,
announced
of
the
elected
Douglas
to
his
intention
since
continue
167,
Meredith
to
a
Vt.—New
retire
the
arrears
stock
wiil
continue
&
at
as
of
the
iLxeeu-'
&■
Pump eo.
below.—V.
166,
p.
2561:
National Sugar Refining Co.—Transfer Agent—
York
Trust
CO.,
Broadway, New York, N. Y., has
been appointed
transfer agent, effective Feb.. 1,
1948,- and dividend
disbursing agent for the capital stock.—V. 164, p. 3294.
100
27
indicated
for
a
that
with
merger
plan
a
eliminate
an
the
exchange of
the
Wheeling
Jbe presented to the Nickel Plate directors.
preferred stOck wks $84 a share in arrears on
by
6%
present
Wall
1.
offering
0.3
Street
the
of
a
share
each
Plans
Issue
serial
of
and
will
of
has
certificates,
for
cost
the
10
of
years.
of
be
taken
of
care
5%
preferred
convertible into;
new
stock,
of
stock
common
:
4C0
box
issuance
approve
7
,
of
$1,400,000
to be dated March 1, 1948,„
Proceeds of the certificatescars.
The company is advei'-.
Using for bids of not less than 99% of par.
Bids for purchase of the certificates will be
—V.
would
Equipment Trust Certificates—
asked the ICC to
annually
80%". of
fcover
these
per share, and one-half share
present preferred stock held.
equipment: trust
mature
to
that
said
$60
of
company
sources
preferred holders 1.3 shares
shave of 4% second preferred
at
stock
lor
',
-
received
:
.
to Feb.
up
167, p. 435.
•
$5
The
'
directors
have
non-cumulative
earnings
The" New
in shape
company
New York Dock
Oil-Tank
Jan.
"
10.
"
,'
-
National Pumps Corp.—Assets Transferred—
Tokheim
on
Lake Erie Ry., soon would
The
this
committee. V
!
the
put
common
Officers also were elected on Jan. 28.
They arfe Roy L.
Director of Personnel and Purchasing, who -was made As¬
Vice-President: Addison C. Pond as Mortgage Loan Inspector;
Dwight E. Stafford as Chief Auditor, and Loriman S. Brigham as Chief
1658.
Arrearages-
financial district
the
in
-
stock,
4 Fdur hew
p.
369.543
$2,122,123-
255.
recapitalization of this companvt which would
oh. the present 6% cumulative pfd. stock through
and
The
member
p.
Reports
for
1937.
as
>369,548
$2,208,048
Care of Dividend
,:-
company
pref. stock for the period
to
applic.
^
1947—
Montpelier,
•
income-
New York Chicago & St. Louis RR.—May Soon Take
>*
'
National Container Corp.—$4 a Share in
See
12,810
$291,827
me¬
President, When
prior
tProvision
9,782
$286,269
Balance
St.
in
$1,313,193
801,937
share.
(net)
7;
Overhaul.
1934
company
Baker,
Service
v;;
r
the
T.
in
years
excess
tion
National
Superintendent
since
associated
wds
Accountant,—V./: 161,
$i,033,505
$276,487
?
income
Dividends
Aircraft
beginning
sistant
paid
com.
served
Maintenance
its
Johnson,
of
facilities_l_
divs.
per
as
Director of
tivq Vice-President and Chairman of the finance
and
Net-profit for year—_ ' $4,708,969
Earns,
the
has
he
of
Banks
Appointment—
appbinted
since
Brigham has been
finance' committee, and L.
103,898
(net)—;.-
amortiz.
■
been
Mr.
.
loss
/
i
Brigham
365,212
93,056
Int.
Net
Ernest Martin Hopkins, President of Dartmouth
College from 19161945, hds been elected President of National Life, to succeed Elbert S.
con-
conting.
.^postwar
Accelerated
;
income
Gross
Other
48.
p.
corporation
•,i! time .after being .-President
——
value
for
576,345,
ex-
(Cr)_
Prov. for decline in
Fla.,
Mr.
has
this
/;President—
:
Postwar
155,000
profits
excess
Other
revenue
the
on
Jan.
and
taxes
share
;
12,429
net
.
refund
Prov,
<
per
Kipnis, President, on Jan. 22 announced that earnings of
the company in 1947 are estimated at
approximately $4 a share.—
v. '106,-p. 1483. - • v -
of
—
possible
Banks
with
operated
255.
$1
Samuel
28,922
Govt,
S.
war
for
he
p.
,370,904
96,441
U.
to
E.
Superintendent
chanic.
125,000
of
oper.
J-;ft
Petersburg,
not
.reserve
167,
■
Charles
$5,883,774
dividend
a
Net
\
•
made.—V.
was
St. Louis Ry.—$1 Dividend
declared
National Airlines, Inc.—New
37,048,923
$8,089,782
27
March 1 to holders of record Feb. • 9.
This is
the stock since June .1, 1946, when a similar
':
Connected
Total profit
tprov.
distribution
;:V' 77'.'7;.
required
Refund
the
•
39,007,409
Jan.
on
Stock, payable
first payment on
'
29,059,070
Chattanooga &
directors
The
capital
'
'
43,139,671
Profit from oper
JFortion
'
-
and sales
expensfe)
Misc.
31
1947
1946
.'."H 1945
1944
$51,229,453 $31,874,265 $42,186,09i $42,932,697
——r:
(incl.
Nashville
war
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED- OCT.
Cost
'/
Avenue
the
Feb.
Sept.
for
a
dividend
stock,
no
par
of
$1.75
value,
1947, payable March 1 to
of
$1.50 each were made
per
out
share
of
on
surplus
holders
of
March
on
the'
net
record.
1
and
1947.
Harold
York
year
Distributions
14.
1,
the
Co.—Larger Dividend—New Directors
declared
preferred
City,
J.
Caster
of
PnU«Mlle,- Pa.. Havrv O. Kilnatrlek of New
and John F. McGlinn of Reading, Pa., have been elected
V
106.
D.
1791.
...
I
t
.
I
.
i
■.
*i
^viL
10
Company estimates
had approximately
322,000 telephones in service on the same date.
With very minor
exceptions, the company does not furnish local service in the localities
served by such companies, but connects with them under traffic agree¬
ments providing for the handling of toll calls and for the division of
revenues therefrom.
<
1
." %,,
\
On Dec. 31, 1947, the company was furnishing local service in 493
headed by Halsey, Stuart & Co. Inc.
28 of $6,480,000 2%% equipment
maturing $432,000 annually each Feb. 1,
1963, inclusive. The certificates, issued under
the
Jan.
award
trust certificates,
to
1949
■.,
re-offered by
ICC authorization, at prices to yield
Philadelphia plan, were immediately
the
the group,
subject to
exchange areas,
The
maturity.
include: R. W.
Pressprich & Co.; Bear, Stearns & Co.; A. G. Becker &
Co., Inc.; Hornblower & Weeks; Otis & Co.; Gregory &
Son, Inc.; First of Michigan Corp.; Freeman & Co ; The
Milwaukee Co.; Wm. E. Pollock & Co. Inc.; Julien Col¬
lins & Co.; Schwabacher & Co.; The First Cleveland
Corp.; Mason, Moran & Co.; McMaster Hutchinson &
Co.; Mullaney, Ross & Co.; Alfred O'Gara & Co., and
2.95%, according to
from 1.50% to
2%%
a
&
rate
were:
ot
will
issue
uie
streamlined
grill
directories.
51
was
old.-
years
credit
for
revenues
of
t».e
$6,555,874
$7,764,454
other
10.1%
or
4.4%
or
and passenger
$2,736,136
increased
revenues
STATEMENT
year
operating
Income
(reorganized basis!____
income carry-back tax credit of
charges
tNet
after
Incl.
Federal
tNet
tNet
Incl.
750,000
Drexel
and
York
New
deficit of $3,170,000;
estimated
the
Providence
167,
%
$16,948,997 $14,000,302
9,196,682
11.022,687
$3,790,419
2,780,689
373,506
1.737.457
300.000
305,000
1,000,000
1,000,000
484,466
income
(net)
income
deductions
tApprop.
Balance
Sales
of
"$89,662
$1,421,727
1,134,002
250,000
250,000
$37,725
3,488,070
bonds
of
\
or
of
announced
was
shares
Circuit
property.—V.
expire
166,
Co.—Bonds
Offered—Morgan
bid
for 3Vss.
100.4199
on
of 100.85.
1
Bonds
will
Halsey, Stuart &
A
mtge.
Ref.
GIVING EFFECT TO THIS
3%
-was
Feb.
1,
Common
the close of business
on
Feb. 27, 1948.
to "when issued" dealings at the Curb
Jan. 29.
The company is also issuing to its
"Contingent Stock Purchase Warrants" which
pursuant to the exercise of
"v" -;
V.-.'
•
purchased
2%%
3y8%
Authorized
the sub¬
',rH
extension
the-
extension,
Atlas Corp.—V.
by
the
of
maturity
of
$1,100,000 of notes
the
167,
notes
p.
will
mature
March 31.
They are
256.
series
stock
(par
125,000,000
E,
Northern
an
Transportation Co., Green Bay,
Wis.—Files
$100
company
60,000,000
5,500,000 shs. ' 4,213,00 shs.
is that of furnishing com¬
SEC—
With
was
and
outstanding
On
$3,954,167
25,521
$3,257,383
649,254
$3,323,635
deductions
$3,223,287
$3,979,688
656,053
—
income
income
:
stock
Preferred
Balance
—V.
dividend
for
$2,608,129
34,096
167,
427,500
$2,896,135
and surplus
$2,180,629
256.
p.
Ltd.—Dividend Action Deferred—
on the dividend which
2. An initial distribution
last, which was followed
Aug. 1 and Nov. 1—V. 164, p. 1727.
...
A.
voted
have
directors
The
427,500
requirements
stock
common
Orange Crush,
defer
to
action
ordinarily would be payable on or about Feb.
of 15 cents per share was made on May 1,
by a similar payment on
Pacific
The
Gas
few
to offer to its common stockholders, within
the right to purchase, at par ($25 per share),
of common stock for each 10 shares held.
The
weeks,
the
next
additional
Stockholders—•
Electric Co.—Rights to
&
intends
company
one
share
the California P. U. Com¬
offering will be made subject to approval of
application was filed last week with the Commission for
authority to issue and sell 686,953 shares of common stock having
an
aggregate par value of $17,173,825.
mission,
An
registration
A
covering
statement
offering
proposed
the
also will
SEC.
the
with
filed
be
expects, through the sale of this stock, to obtain
additional equity funds to carry forward the large construction pro¬
gram required to provide for the rapid growth of its,service demands
in northern and central California.
'
company
proposed offering will be the eighth of a series of similar par
by the company from time to time over a period of many
The most recent offering of this type was made last vear,
common
stockholders of record on May 12, 1947, were offered
offerings
years.
when
opportunity to purchase additional shares to the extent of 10% of
holdings.
The offering, which was not underwritten/was more
97%
subscribed, upwards of 47,000 individual subscriptions be¬
ing received for an aggregate of $15,204,175 par value of stock.
an
their
than
As
the registration state¬
possible after the eflective date of
as
soon
to mail to its common stockholders pros¬
proposed offering, accompanied by full instruc¬
relating to the exercise of subscription rights.—V. 167, p. 156.
the
ment
tions
plans
company
the
Telegraph Co.—Earnings
Pacific Telephone &
$
$
*
revenues
expenses
63,875,406
6,838,451
____________
$
$
•
67,221,092 278,636,941 265,024,078
55,362,686 235,191,622 215,523,704
5,965,638
26,064,250 22,827,539
76,037,530
Operating
•—
of Nevada)
1947—12 Mos.—1946
1947—3 Mos.—1946
Period End. Nov. 30—
Operating
"Taxes
Co.
Telephone
Bell
Subsidiary,
(Including
17,381.069
26,672,335
operating income
Other income (net)
5,373,583
5,892,768
399,998
Dr40,206
income
5,773,581
5.852,562
18,136,431
22,953,147
1,817,710
1,094,935
5,806,864
3,448,703
3,955,871
A 1,811,925
4,757,627
1,230,000
3,691,875
12,329,567
4,920,000
8,850,002
19,504,444
4,920,000
15,587,917
$0.98
$1.43
Net
Total
_
deductions
Interest
income
Net
1,230,000
dividends
Preferred
dividends
Common
Earnings per
"Includes
____
share
com
arising
refund
estimated
an
755,362 Dr3,719,688
$2.68
from
profits crdit of $338,000 for the 12-month
$1,003,000 and $2,244,000, respectively, for
carry-back
$5.93
'■
of
excess
period ended in 1947 and
the three and 12-month
1
Approved—
Commission has authorized the company to
$75,000,000 30-year debentures at competitive bidding. The money
The' California
sell
will
V.
P.
U.
construction
2562.
for
from American Telephone & Telegraph
other corporate purposes.—V. 167, p. 256;
loans
retire
to
used
be
Co.,
and
166, p.
Chemical Co., Detroit—Files With
Park
SEC—
19 filed a letter of nctification with the SEC
for 25,000 shares ($1 par) common stock, to be offered at $4.25 each,
without underwriting.
Proceeds will be used for working capital.
—V.
on
company
166.
Jan.
2213.
p.
Park
Consolidated Mines Co., Salt Lake City,
City
Utah—Seeks New Leases—
continue
leases
hold
on
out
The
in
company
that
V.
has produced lead ores
output
since resumption of operations
$2,000,000, or at the rate of more
been erroneously reported
totaled over $500,000. See
It had previously
of resumption had
yearly.
since date
$500,000
than
on Jan. 26 reported that the company's ore
sufficient to operate its Ruth property for
be
values considerably over
to
1944
to
added that the company is also now negotiating for
a tract of land
in the vicinity cf Fredericktown, Mo., which
the prospect of developing into a substantial ore reserve.
He
time.
some
President,
Stehle.
Carl
256.
167, p.
Kansas
Inc.,
Drugs,
Parkview
City,
Mo.—Registers
With SEC—
27 filed a registration statement with the SEC.
of preferential cumulative 35c. participating
Underwriter, Straus & Blosser, Chicago. The stock
will be offered at $5.25 per share.
Of the proceeds $140,000 will be
used
to reimburse
company
for funds used to purchase McFarland
Drug Co.,/ Topeka, Kan., and the $332,500 balance will be used for
working capital and expansion of business; retail drug stores.
The
company
stock
on Jan.
shares
100,000
covering
par).
($4.50
incorporated in
Telegraph
common
Dec. 31, 1947,
Co.
New
owns
stock.
of
—V.
chases
114,
p.
Bids
—V.
company
on
Jan.
19 filed
Northrop
The
Aircraft, Inc.—Unit's
operating
which
is
being
offered
Jan.
-
22
totaling $41,137,500.
the
for
167,
p.
purchase
.
certificates will be received Feb. 3.
the
of
256.
; »/A'," .'A
"•
V
a
Peoples Brewing Co. of
1660.
subsidiary
Financing-
asked the- ICC for authority to issue $10,890,000 of
equipment trust certificates, the second . instalment of a
proposed total of $32,910,000 to be issued to finance equipment pur¬
company
The
Trenton
bids
receive
York June 18, 1896. American
record and beneficially all of
>
the company had 4,019,963 telephones in service, of
Pennsylvania RR.—Equipment
The
letter of notification with the SEC
for 5,000 shares (no par) common stock, to be offered at $10 each,
without underwriting.
Proceeds will be used to construct a terminal.
The
due
the
'
services, mainly local and toll telephone service,
in the
State of New York and in a small nortion of the State of Connecticut.
the
_____________
income
income—net
Net
*,
60,000,000
business of
■>
due
—
BUSINESS—The
corresponding week last year,
due
C,
series D,
bonds,
$75,000,000
(Del.)—Weekly Output—
the week ended Jan. 24, 1948,
with 56,093,000 kwh. for the
increase of 14.7%.—V. 167, p. 471.
of this company for
64.330,000
kwh. as compared
output
munication
Telephone
income
on
accruals
operating
Gross
Northern States Power Co.
totaled
Outstanding
125,000,000
series
bonds,
1978
The company
taxes
reserve
1946
$17,321,380 $15,310,542
7,870,120
7,162,994
•
866,305
586,845
1,068,928
866,799
1,900,200
1,749,250
1,661,661
1,721,367
.
granted by the SEC Jan. 26.
Under
held
ISSUE
$75,000,000
bonds,
1982_^___
mtge.
on
not
three-months'
Electric
V
July 15,
Utility
being admitted to dealings on the Curb.
These warrants
the rights to purchase as many additional shares
of the
stock
1
Oct. 15, 1964.—:
Ref.
shares
stock¬
be
CAPITAL SECURITIES,
mtge.
at
admitted
were
rights.-
shire, New Jersey and Rhode Island.
Ref.
Exchange
the
scription
legal investments for savings banks organized under
the laws of New York, Connecticut, Maine, Massachusetts, New Hamp¬
,
State
and
Retirement
Other
:
taxes
Federal
reserves
.
Notes Extended—
Aug.
General
The
exercisable on and after Feb. 9, 1948 and will
1948. Until Oct. 1, 1948 each share of preferred
into 6V2 shares of common stock, the con¬
decreasing after that date^ They will be stricken from
preferred
.
and
—
Maintenance
%7.'Vy.
Inc.—Stock Offered—
are
opening
evidence
1, 1948; due Feb. 1, 1978.
payable Feb.
to
1948.
stockholders
not
are
v
in N. Y. City.' Redeemable, at
option of company, in whole or in part, on any date, upon at least 30
days' notice, at 104.43%, to and including Jan. 31, 1949, and thereafter
at decreasing redemption prices, in each case with accrued interest.
Interest
Percival
company's
E. Jackson, counsel for the
the terms of the
convertible
rights
common
refunding mortgage 3V8% bonds, series E at 101.43
and interest. The issue was heavily oversubscribed.
The issue was awarded Jan. 28 on a bid
be
Exchange
000
Inc.
from
March 1,
ratio
version
Stanley & Co. and associates on Jan. 28 offered $60,000,-
Dated Feb.
24
Philadelphia
48.
30,
rights
on
will
stock
dealings
Telephone
Offering—
1947
revenues
Operation
periods ended in 1946.
Co.—Plan Appealed—
that a group holding approximately
common stock has appealed to the
company's
at
according
p.
rights Jan.
These
These
Co.
Jan.
on
this
of
Court
plan,
said
13,239,793
new
'■
Co.—Earnings—
$75,000,000 Bond Issue
167,
"$709,089
15,047,912
"$421,297
$188,238
acquisition
York
Witter & Co
Dean
375.000
500,000
750,000
Having been advised of the effectiveness of a registration statement
an
offering to common stockholders of record at the close
2, 1948, of rights to subscribe at $20 per share to shares
of new no par convertible preferred stock, having an annual dividend
rate of $1 per share, in the ratio of one share of preferred stock for
each six shares of common stock held, the New York Curb Exchange
on
Jan. 29 announced that the common stock would be quoted "ex"
1,119,686
50,000
•'
''
1
of business Feb.
2213.
New
——-
The Wisconsin Co.——
covering
$660,597
281,635
4,309,464
lbs.)
(M
tFor
"Loss.
38,029
50,000
___________
steam
—
;
100,000
Northeast Airlines,
$622,568
51,556
13,371'
11,443
Operating
436.
dissolution
1,719,198
$1,370,171
290,147
____
income_^_
net
1,818,682
"$103,033
$528,385 I'-
income
Gross
Stubbs
375,000
1,250,000
,
and
———
group.—V.
—
•
■
%
434,257
$516,942
Taxes
Non-oper.
p.
Whiting,
1,461,854
_____
Operating
It
Third
437.008
expenses
Depreciation
167,
30,000
1947—12 Mos—1946
$5,217,100
,
Bond
Weld & Co
Weeks &
White,
2,750,000
375,000
750,000
2,750,000
North American Light & Power
3,478,684
revenues
—V.
435.
p.
Co..
Corp
Share
deficit was $3,869,000,
had a net railway oper¬
1947—3 Mos—1946
Maintenance
Income
Illinois
Indianapolis
Corp.— Earnings-
Steam
Period End. Dec. 31—
Operating
Operating
that
operating
Co.
&
Co.,
Tucker, Anthony & Co.
Union
Securities Corp.
G. H. Walker & Co.—
750,000
750,000
375,000
Weeks—
&
Hutton
E.
& Son
Hilliard
B.
J.
W.
&
& Co.—
Inc
Barney
Stroud
175,000
125,000
Hornblower
250,000
1,250,000
'
250,000
250,000
1,250,000
R. W. Pressprich & Co.
1,250,000
Putnam & Co
—375,000
500,000.
750,000
&
&
.
Smith,
Co.
—
Herman
Henry
Co._
&
Murch
Curtis
&
,
Hayden, Stone & Co.—
Hemphill, Noyes & Co.
Colony
estimated
it
$11,765,131.—V.
of
income
Old
the
is
railway
1947,
net
a
of the New Haven System
remainder
the
ating
in
and
Bosfon
the
for
of
months
12
resulted
y.
''
Oklahoma Natural Gas
1,250.000
Webber, Jackson
Paine,
1,250,000
250,000
The
the
For
''
12 Mos. Ended Nov. 30—
Pierce,
———i——■
Co.
2,750,000
'
.
Turben
375,000
2,750,000
Hayden, Miller & Co—
500,000
125,000
250,000
Inc.——
Co.——;„Vr
The Ohio Co
2,750,000
Harris, Hall & Co.
J.
and
&
pectuses covering
Moseley & Co.—_
S.
F.
&
Beane
&
Maynard.H.
Inc.
(Inc.)
Marks
Lynch,
Fenner
Merrill.
&
2,750,000
375,000
Folger, Nolan Inc. f.
Glore, Forgan & Co.—_
Goldman, Sachs & Co.
Harriman Ripley & Co.,
—*
Merrill
100,000
—
Corp.
Boston
Michigan Corp.
First of
$1,167,848.
operations
Co.,, Inc.-
First
The
2,750,000
'
Co.
125,000
Fahey, Clark & Co
Fevris &
1,250,000
Cbrp._„
M.
McDonald
750,000
,—
2,750.000
Co.—
&
Freres
Higginson
Laurence
1,250,000
Co
&
2,750,000
175,000
2,750,000
750,000
Lehman Brothers
250,000
Estabrook & Co
Co
&
Mason-Hagan,
Corp
Securities
of that company
charges
Lazard
Lee
100,000
750,000
250.000
The Dominion
& Providence RR., but
under the plan of reorganiza¬
tion.
Also includes accrued and unpaid charges against Boston and
Providence properties for Boston Terminal Co. taxes and bond interest.
For December, 1947, it is estimated that the Old Colony operations
resulted in a net railway operating deficit of $388,000; for the Boston
and Providence the e~timated deficit was $450,000, and the remainder
of
the New Haven
System had a net railway operating income of
fixed
500,000
175,000
Dominick & Dominick—
250,000
375,000
Kidder, Peabody & Co._
Kirkpatr.ick-Pettis Co.—
Kuhn, Loeb & Co._
W. C. Langley & Co.—
125,000
&
& Sons
Kidder
M.
A.
Co
Dodge & Co
Clark,
$
Pomona,
in
Co., Buffalo, recently offered 11,400
($1 par) common stock. Proceeds go to selling
holders.—V. 165, p. 3287.
v'%:
The
&
Co.——————
&
and
McCormick
Kebbon,
375,000
2,750,000
Sherrerd
&
Chaplin
175,000
.125.000
175,000
Voorhis & Co
& Co., Inc.—
Kalb,
250,000
Brown
Butcher
operations of the Boston
tlncludes
"Deficit,
excludes
Doolittle
The
Kalman
—
Barbour
principal
the
and
underwriters
Johnston, Lemon & Co.
750,000
_
Alex.
'
:
;
income
charges
as
are
Inc
Co.,
fixed
for
27,071,'408
26,331,250
underwritten
Co.
1946
1S47
revenue..
operating
available
28,916,606
28,437,750
Stanley & Co._ $2,825,000
Blyth & Co., Inc
Bosworth, Sullivan
155,815,387 149,259,513
4,726.131
958,326
8,982.536
5,616,230
after charges (reorg. basis Oct. 1, 1947)
"2.372,260 "6,365,788
after charges (reorg. ba^is July 1, 1947.1—
"1,879,239 "6,365,788
Federal income carry-back credit of—
881,000
3,145,000
operating
railway
39,542,081
33,704,000
of the
follows;
Cooley & Co
$
Income
25,151,718
25,278,000
names
Allyn & Co. Inc.American Securities
Bramhall,
12 Months Ended Dec. 31—
31,182,930
4,111,522
C.
A.
1947
1^46
$14,582,163 $12,2G4,664
329.848
191,708
902,502
442.697
84,054
578,186
Dr224,000
400,000
income
:
available for fixed charges..—
32,853,580
3,936,974
Morgan
ACCOUNT
operating
railway
42,680,523
3,138,443
amount
1946;
revenue
28,667,434
3,515,716
declared
Underwriters—The
Corp.
Month of December—
Total
629,077
income
Net
22.3%. v
or
INCOME
OF
43,175,180 .38,292,067
32,510,286
Dr494,651 Dr5,438,487 Drl,327,356
deductions—
Dividends
freight increased
decreased $3,944,716 or 6.6% . All
the
over
28,038,357
taxes—-—.
oper.
99,317,674 112,804,262 102,762,992
22,078,084
42,054.891
37,700,000
34,064,410
32,457,304 32,552,706
oper.
Interest
to $155,815,387, an in¬
1947 amounted
year
67,818,265
12,519,800
27,260,108'
Total income
before the carry-back
Operating expenses for the year 1947 were $127,159,796, a decrease
of $1,068,023 or .8% under the year 1946.
Tax accruals of $11,534,878
were $4,614,396 more than the year 1946.
The operating ratio of 81.6
compares with 85.9 for 1946.
,
,
Net
revenues
income—
on
Months—
would have been $2,760,239
$1,879,239 after the tax credit.
and
crease
Total
oper.
taxes
Other
income—
Other income (net)
1947
year
Gross
Net
expenses—
company
the
—
__—
oper.
Fed;
reports for the year 1947 a net income deficit after
fixed charges on the old capital structure for the nine months ended
Sept. 30, 1947 and on the reorganized basis for October, November and
December of $3,253,260 belore a Federal income carry-back tax credit
of $881,000 and $2,372,260 after the carry-back tax credit.
This com¬
pares with a deficit of $9,510,788 before a carry-back tax credit of
$3,145,000 and a deficit of $6,365,788 after the tax credit for the year
1946.
Restating the old fixed charges for July, August and September,
1947 on the basis of the new fixed and contingent charges, the deficit
for
333,543,467 298,G'04,819 269,691,622
55,663,152
68,500,870
51,125,978 47,792,020
22,650,372
28,294,426
27,144,695 26,746,030
112,764,068 137,430,497 107,729,884
92,390,580
maintenance—.
Other
on the
214 %
•'
1
'
the plant and its equip¬
Calif., at 2 p.m.,
equipment have been
Bids on
plant site
Ohio-Apex, Inc., Nitro, W. Va.—Secondary
revenues. .258,895,857
oper.
Current
Net
Earnings for December and 12
The
' revenues—
Depreciation
series A income bonds, payable
This is for the fitst income pe¬
mortgage convertible 414 %
to holders of record April 15.
beginning July 1, 1947.
1
riod
revenues—
oper.
Net
interest payment of
an
Calendar Years
1946
1945
1944
178,935,763 230,610,080 205,852,292 193,651,353
69,422,384
91,291,734 83,599,641
68,160,920
10,537,710
11,641,653
9,352,886
7,879,349
revenues—
service
Toll
Authorized—
have, authorized
general
May
service
Local
A
the
at
EARNINGS
9 Mos. End.
heart attack.
:
Interest Payment
directors
Conn., of a
Calif.
Angeles,
announced," The property
$1,337,084.—V. 166, p.- 1687.
was
at
valued
Los
received
be
it
9,
Sept. 30,'47
Period—
operation, maintenance
in charge of
Feb.
Income
OF
SUMMARY
Other
Jan. 23 at Hamden,
on
advertising space in telephone
also received from the sale ot
are
Total
engineering, died
The
exchange
enues
cars.
Willey, Vice-President
F.
Dean
also include teletype¬
company
service, mobile radio telephone service and services
and
facilities for private line telephone and teletypewriter use,
for
transmission of radio broadcasting programs and other purposes. Rev¬
Obituary—
He
services of the
communications
The
writer
used
be
with telephone
United States with which they connect,
systems in other countries, and with ships at sea.
to provide for not more than
75% of the cost, estimated at $8,640,000, of the following new standaid-guage
railroad
equipment;
30 all-steel
streamlined passenger
coaches; 25 all-steel streamlined parlor-chair cars; 20 all-steel stream¬
lined baggage-parlor-lounge cars; five par-lor-lounge cars; and 10 all-
and
has connections for the interchange of
of the Bell System and the companies
company
other companies
all
with
throughout the
Inc. 98.14,
Co.,
Proceeds
steel
the
company
traffic
bid of 98.58466.
a
will
ment
in
latter
Other bids received for
Salomon Bros. & Hutzler, 98.55; and Harris, Hail
awarded on
within the terri¬
service between points
furnishes toll
company
,
Spring Street,
necting
F. S. Yantis & Co., Inc.
issue was
>
which it operates, in certain cases in conjunction with con¬
companies.
The company also furnishes toll service between
points within and points outside of such territory in conjuction with
other companies, principally New Jersey Bell Telephone Co., an affiliate,
and
American Telephone and Telegraph Co., parent, through which
tory
Other members of the offering group
The
other
that
Offered—A group
won
4,006,211 were in the State of New York.
companies operating within that State
which
Hartford RR.—Equip. Trusts
New York New Haven &
Monday, February 2, 1948
CHRONICLE
FINANCIAL
&
THE COMMERCIAL
(550)
Plant for Sale—
business and assets of Salisbury Motors,. Inc..;- a
initiated bankruptcy proceedings on Aug. 20, 1947,
for sale by its receiver, George T. Goggin, 354 So.
due
May
matured
should
V.
the
Co.,
sale
^"Tendered
943,
to
Trenton, N. J.—Tenders—
J., will until 3 p.m. Feb. 19
extended first mortgage 4% bonds
to include principal and all un¬
the sum of $50,493.
Accepted bonds
the bank on or before March 5, 1948.—
'
r
, A—»
Trenton,: N.
to
it
1, 1953, at a flat
interest, to exhaust
be
165, p.
for
Trust
of
price
.-'4'
bidding.
Proceeds will be used to finance
electric, gas and steam facilities estimated to
> '
competitive
of
000,000.-
.
week
of
Jan.
ended
167,
24,
this
of
a six-year
cost $235,-
The
amounted to
8.6% over the corresponding
or
week of 19*7.—-
well
in
Jan. 23
University,
5-M
No.
The
at
oil
flowed
well
dolomite formation
at a total depth of 10,380 feet.
This is the first test to drill to this
formation in the South Fullerton Field which has oil production from
two shallower formations,
the Devonian at 8,700 feet and Clear Fork
at
7,000
feet.. The well
is drilling ahead to determine the total
the top 25 feet of the Ellenburger
test of
stem
thickness
of
the
—V.
p.
productive
the
Issue Ap¬
and sale of $1,000,000 3%% first mortgage
has been granted by. the SEC.
Life Insurance Co., will buy $800,000 of the
issue and New England Mutual Life Insurance Co. $200,000.
Proceeds
will be used to pay off a bank loan.—V. 1G7, p. 157,
due
John
the
by
1978,
Hancock,
company
announcement
concluded.
INCOME
CONSOLIDATED
YEARS ENDED
ACCOUNT,
zone,
from
Revenue
from
other sources.
rendered
New
SEPT. 30
1945
15,772,747
547,693
10,103,194
204,533
8,901,638
103,530
$5,774,776
$3,223,042
$3,315,284
60,730
Cr55,779
Cr3,378
Operating expenses
_■
Miscell. charges, less credits (net)
Engineering Co.—Weekly Output—
Electric
operating
of the
output
ended
week
the
for
Jan.
1948,
24,
companies served by this company
totaled 260,592,000 kwh., as com¬
increase
(net).
for
at
of
share.—V.
shares
7,500
$10.19
a
With SEC
filed a letter of notification with the SEC
common stock which is to be
offered employees
Jan.
on
company
7
167,
1,720,365
905,458
946,437
$3,454,722
$1,802,783
—1,228,352
409,530
409,530
$4.40
$1,877,963
409,530
409,530
$4.59
profits
and
S.
income
taxes
U.
and
Net income
Dividends
819,060
$4.22
.
CONSOLIDATED BALANCE
Jan. 8 filed a letter
($1 par) common to
on
company
Accounts
receivable,
holdings,
SHEET, SEPT.
Prentiss Wabers Products Co.—Annual
of
adm.
:_
6,066,159
3,146,736
exp._
538,248
350,385
income-
$1,210,329
$867,087
$1,030,320
&
Operating
gen.
Other income
Total
$4,364,207
(net)
income
Investments
Total
43,918
$1,067,764
$925,235
$1,710,358
Accts.
Interest
Other
for
Prov.
5,358
8,707
12,268
£75,000
§100,000
§180,000
...
..
taxes
6,089
11150,000
expense
charge-
on
514,480
434,162
796,500
earned
Previous
$409,984
$162,557
$262,896
733,012
369,537
665,696
448,859
Additions
to
$1,296,010
$793,545
$828,253
$711,756
surplus
earn.
surplus
dividends
Cash
refund
Net
_
57,755
amort,
prior
debt,
in
Oct.
$385,080,
or
charges
prior
on
$665,696
$369,537
for
years
war
on
NOTE—Net
197,819
based
common
on
SHEET—OCT.
BALANCE
ASSETS—Cash,
notes
31,
advances
accounts receivable, trade, etc., less re¬
doubtful accounts and cash discount), $854,240;
within one year, $51,637; raw materials (at
due
market values), $698,421; finished and in process goods (at
standard values), $303,716; material in transit, $76,182; notes and
contract advances due after one year, $249,458; investments in stocks,
life
value,
surrender
cash
insurance
$17,814;
plant
property,
and equipment assets (less reserve for depreciation $302,136), $774,490;
construction in progress, $50,932; prepaid and deferred charges, $80,330;
total, $3,617,134.
$1;
patents,
.
serial note to banks
accrued
reserve for contingen¬
LIABILITIES—Accounts payable, trade, $300,894;
due
within
liabilities,
$70,000;
year,
one
The
44,005
V.
$652,157;. long
other current liabilities, $74,849;
term
debt,
$280,000';
cies, $250,000; common stock, ($5 par) $989,095; paid in surplus,
000; earned surplus, $940,140; total, $3,617,134.—V. 165, p. 341.
$60,-
167,
Jan.
on
shares
40,656
11,549,140
409,530
be
8,311,981
P.
($1
will
for
used
capital.—V.
166,
General
the
—V.
5%
exceed
to
The
167,
in
Period End. Nov, 30—.
1947—11 Mos.—-1946
1947—Month—1946
•
Total
8,517,782 101,504,005
122,036,911
3,410,743
39,132,355
maintenance-
89,622
101,737
1,113,266
4,225,955
4,275,528
47,353,726
607,137
6,126,131
42,382,441
2,498,608
58,613,133
6,966,156
other
All
This
122,637
7,778,527
11,776,573
includes
Conducting
9,240.047
car
opers,—
577,083
General expenses
i
shares
1,176,014
revenue———;
Auxiliary
revenues
Total
394,654
440,199
4,372,685
4,260,075
326,892
expenses
———
323,185
3,507,050
3,365,032
67,762
117,014
&35,635
895,043
1,243,776
638,329
239,651
8,644,162
264,546
7,623,569
12,671,616
8,711,440
revenue
and
company
of
revenue—_
fTaxes accrued A-a——-
plant is
income
•Includes:
1,020,593
24,89.5
605,446
—
-
"
f-
greatly increase
plant during
best
present
and
Cr7,815
4,541,754
7,254,965
the
no
line
1948.
the
of
of
new
still in
are
Chabot
company
manufactured
being
now
On
Jan.
of
26
Corp., New
Cohu
President.
stock
(par
Torrey.
&
V-:v
by
the
tooling-up
will
be
Rogers
5c.),
be
go
Inc.,
stock
Offered—A. H. Vogel
Detroit—Stock
on
^
Manufacturers National Bank of Detroit. 7
agent,
BUSINESS—Company
AND
added
list
..498,669
income
cess
profits
and
5,956,506
395,609
Effective Jan.
5,352,653
Gas
ex¬
1,416,139
Cr301,75G
taxes—.
cars
$333,899
Moves
Effective
General
Feb.
1,
Offices—-
1948
all
of
the United States Air Force, U. S.
the United States Navy.
The company now
approximately 2,000 industrial customers.
is now arranging for the distribution of its
retail channels, and the market now developing
potentials.
company
through
OPERATIONS—For
OF
the company
the first several years of opera¬
to conduct its business
normal development and growth.
54,
111.
—V.
166,
p, 2314.
war
was
beginning to reinstate orders,
general widespread strike conditions
caused considerable delays
in shipments.
In January 1946, for ex¬
it is estimated that approximately
80% of ,the company's
were to all intents and purposes shut down.
The company,
therefore,' sustained an operating loss of $17,614.31 for the fiscal year
ended Oct
31, 1945, and a loss of $38,91G.33 in the fiscal year ended
Oct. 31, 1946.
However, for the fiscal year ended Oct. 31, 1947, the
company showed a profit in the sum of $24,534, the first since com¬
mencement of
operations.
Operations for the months of November
customers
the
X
and December show a
SEd—
CAPITALIZATION,
book profit (unaudited) of $4,173,.
GIVING
EFFECT
Capital stock (par
$1)~
PURPOSE'—The
added
to
the
—:
/—
proceeds to be derived
company's working capital.
Vv// :
OFFERING
PRESENT
TO
Outstanding
Authorized
for 2,000
with the SEC
entire
shows
did not have an opportunity
which would permit
conditions
,/
400,000 shs.
354,610 shs.
this offering will be
from
;
...
^
■
Ltd.,
located
166,
p.
26,
1948
Valley
at
the offices of this company,
Pipe
Line
304—9th
Co.
Avenue
Russell
1947—11 Mos.—1946
Madison Natural
and Dalhousiq, Oil Co. Ltd.
West, Calgary, Alberta, Canada.'
Ltd.
$3,313,173
$293,784
Net assets at Dec.
outstanding
smaller
became
of
U.
company's general offices
r'/..-.
in
shares
of
31,
1947
of
common
shares
were
$1,325,781, equal to $25.46 on 51,951
stock,
compared with
$26:34 on
a
outstanding
on
17,940
65,919
58,661
23,465
from
$21,583
t$38,678
{$17,809
2,950
921
operations—
income
Value, Etc.—
Sept. 30, 1947'. At the end
the year the company held approximately 47%' of' Its net assets in
S. Government bonds and cash, 21%
in preferred stocks and 32%
common stocks.
Managers of the fund in a recent letter to share¬
number
$23,596
56.864
48.874
Administrative, gen. & selling exp._.
Profit
Fund, Inc.—Asset
*1945
$68,857
of sales
Net
$4,143,207
/
Cost
59.
Berg
1946
$144,366
Other
222 West North Bank Drive', Chicago,
the
located in the Merchandise Mart,
t
Operations had hardly commenced when the termination of the
virtually cut off its principal outlets.
And just as reconversion
stage.
to
loaded from RRs. and RFC:
1947—Month—1946
v'
Co.
became
—V.
{Does not include rentals on
.
of
1947
taxes
"
incorporated
was
ample
company.
With
and
diversified
Oil Co., Ltd.—Moves Offices—
Royalite
Federal
1 ■'11
—
$315,466
1,507
656,163
{Includes:
Payroll
35,626
$300,698
Jan. 21 offered 60,000 shares of com¬
(par $1) at $1.25 per share.,
a
Detroit,
offered at $4 per share.
to Alban M. Ross-Smith,
filed
was
to
Proceeds
•//■' /;■'■'
common
1,11
51.
RESULTS
sterling silver at the
items are now being
York—Filing
notification
letter of
a
common
for
Ordnance,
tions
by the Rogers company
department. It is
Many
others
$351,092
35,626
,
■
available
p.
favorable
chucks and molds.
dies,
to Taunton
production
the
numerous
—_____
—
company's customers include
a
The
authorized
/
shares
4,523 Cr2,961,116
the
items
selling
line
Underwriter,
394,138
Depreciation
Deprec. adjustments
in
Silver
manufactured
3,960,176
'
Split—
expansion of its'(Sterling
included
to
planned
tools,
being moved
be
Ross-Smith
{Operating
on
increasing
on
22
machinery,
inventory,
$336,324
——
preferred stock—
water,
The
announced the purchase of the nhvsical
Silver
Co., North Attleboro, Mass.
Purchase
Jan.
on
$576,006
224,914
application
treasury.—V. 167, p. 474.
Chabot
the
all
entire
will
The
A:' Total net
the
%
__
chipping, breakage, rough handling, heat, cold, rot, decay,
salt air, verdigris, fungus growth, grease and dirt.
Such
also
waterproofs and moistureproofs the articles and
affords'resistance to most acids and retards condensation and fire.
salt
(F. B.) Rogers Silver Co., Taunton, Mass.—Acquisition
Rogers
Net
in
$438,712
income
103,907
$569,680
6,326
abrasion,
under
The
'
Operations:
Total
held
now
assets
Net
3
111,446
—
~
application of these coverings upon the items or parts thus
affords
protection against rust, corrosion,
scratches, shock,
The
value capital stock from 400,000 shares to 1,000,000 shares and on
approving a two-for-one split-up of the 216,815 outstanding shares.'
The stockholders will also vote on approving the retirement of 24,672
•3,171,373
^_r—
of
Feb.
78,268
$429,411
9,301
depreciation
stock
coated
stock.
common
Inc.—To Vote
vote
55,054
106,576
plastic protective coverings.
par
cars-
revenues
•Maintenance
will
__
102,388
on
167,
Army
stockholders
105,350
138,294
___
:
$1,223,924
310,439
179,900
——
_
income
on
1946
$1,354,222
389,822
____—
in New
York Nov. 13, 1344
(admitted to do business in Michigan July, 1945)
for the general
purpose of engaging in the production and sale of
consisting of 60,000 shares, will be taken by
Corp., parent company of Rochester.
Roeser & Pendleton,
The
1947
30—
_
HISTORY
Utilities
Public
The cost will be $1,734,720.
—
—
before deductions
Transfer
472.
p.
between
the road call for through freight service
points, St. Louis to Memphis and Pensacola
of
Texas
profit
& Co.,
new
$2,000,000
stock,
common
General
the
and
arrangement.—
new
diesel-electric locomotives
St. Louis and Pen-
four
for
freight
income
mon
financing would include offering
at competitive
bidding, $9,020,000 at an interest rate not to exceed
3Ma %.
Also planned was $5,000,000 in new preferred stock at a rate
not
a
Water Works—Earnings—
Seal-Peel,
proposed
for
Proceeds will be used for work¬
3%.
said
first
Ry.—Orders Diesels—
orders
through
——
for
Balance
in bonds.
Howe
aside
set
'-v-fV
J.
exceed
Mr.
be
taxes
Deductions
"adverse market con¬
ditions"
that the corporation
would proceed with $16,029,000 of new financing.
The
corporation had intended to call $3,000,000 of 33%'%
bonds
of 1966, $3,000,000 of 3%%
bonds of 1967 and $1,657,000 of 3%% '
bonds of 1P67.
They were to have been offered at a coupon rate not
to
one
/:%//..
taxes
Balance
Howe, Financial Vice-President, said
were
responsible.
He added, however,
Ernest
to
Non-operating
Electric Corp.—New Financing Plan
corporation announced Jan. 27 abandonment of plans to refund
$7,657,000
plans
(net)
Provision
471.
p.
preferred
plan,
to Birmingham.
Purchases of new diesel equipment
will cost in the neighborhood of $20,000,000.—V.
167,
Maintenance
16
Underwriter, Frank W. Bennett & Co.
ing capital—V.
each
the
166,
With SEC—
Corp., N. Y.—Files
Jan.
on
placing
28-hour
Months Ended Nov.
Net
company
to
'/:
Gross
working
and
City
Jose
Federal
165, p. 3288.
filed a letter of notification with the SEC
for 180,000 shares (50c. par) common stock to be offered at 80 cents.
The
is
a
facilities
474.
has
Sleeping Car Operations:
ou
Louis
St.
Dividends
Reiter-Foster Oil
under
1
railroad
Kansas
12
a
be
share,
a
given,
be
Operating revenues
*as
letter of notification with the SEC
common, to
be offered at par, without
par)
Proceeds
$21
or
to
was
50.
used
San
7,328,086
deposited
filed
$5,552,421,
have
will
Dieselization
and
11,549,140
409,530
JO, 128,821
stock outstanding
Under terms of the
preferred
sacola, Fla., it was announced on Jan. 24.
Co. of Cleveland—Files With SEC
23
value
par
shares outstanding.
St. Louis-San Francisco
p,2422/
—V.
(The) Pullman Co, —Earnings—
Ltd.,
p.
This
42,825
819,060
Rock Bottling
for
of the above-mentioned plan may mean that the
compromise for its subsidiary, St. Lawrence Paper
of
plan
Co.,
and
—L
interest,
total
rejection
Mills
Rochester Gas &
cost;, or
$6,000;
946,887
4.070
v
1947
$453,912;
for
$15,000
of
and
4,070
$1)
accrued
company
The
serves
886,616
11,549,140
and
underwriting.
facilities.
consisting of 38,508 shares common stock (par
paid in surplus of $60,080 applied to
stock
for deflationary inventory losses.
((Provision for
war contracts.
11 Provision for contingencies.
profit for 1947 was equal to $2.85 per share based on
shares, as compared with $5.18 per share in 1946
75,156 common shares.
renegotiation
1,649,767
4.070
less advances received.—V.
The
less
{Provision
dividend.
$733,012
$940,140
31
amortization
•Additional
59,316
44,005
(par
$50
common
shareholder
"A"
similar
,$25^43,444,$23,562,786 $21,704,0^2.
Red
5,000
5.000
tStock dividend of 150%
$10)
fund
2,612
—
surp.
83,323
taxes
reserve
cost
value,
for
Earned
132,305
credit
surplus—:
repre¬
voted
plan provided that the second preferred stock carried a sinking
feature and was redeemable at $21, or an
amount equal to
from
properties.:
on
had
present dividend arrears on the class "A" "stock.
and interest
income
S.
U.
proxies,
second preferred share.
one
The
collateral for notes pay¬
able to bank.
{After reserves for depreciation of $2,885,126 in 1947,
$9,458,096 in 1946 and $9,163,258' in 1945.
§At estimated realizable
tAt
bad
for
res.
etc.
$700,000
664,188
$1,000,000
1,274,121
and
Total
years'
state income taxes—
Increase
2,551
*10,467
chgs.
class
Operation
1325.000
197,535
Additional
62,342
$1,216,276
exps
--r.--
stock
Earned
of
dividend
Stock
Additional
339,752
13,210,382
no
,
38,508
'65,494
60,533
150,723
paid
reneg.
on
351,152
sugar
large number
by their
a
influenced
would
stock
preferred
135,296
702,042
1,507,891
*
337,752
13,652,127
40,767
'•
_
and
General
contracts
war
157,928
1,006,927
1,846,634
(per contra)of
said
he
be created 264,401 new first cumulative convertible
redeemable
preferred
shares of $49
par
value and 264,401
second
cumulative redeemable $1 par preferred shares.
Arrears on the present
to
exps.
(censos)
Deferred
14,023
surp.
—
par
$25,543,444 $23,562,786 $21,704,042
for Cubr.n profits
Prov.
Liens
Capital
Total
622,500
587^221
,
366,681
.
accrd.
ship.
molasses
•1,255,193
$562,998
inc._
.
__
981,293
799,369
776,276
753,525
13,272,728
57,482
and
pay.
for
Prov.
taxes
income
Net
convertible
.
2,330,916
bank
large
approved by a
was
necessarily
were
capitalization of the corporation consists of 264,401 class "A" '
there
plan
and
—
Notes payable to
it
■
582,593
or
assets
charges
—.——
.
as
and
cumulative
605,528
tNet fixed
Deferred
/
directors, with their own holding and through
20,819 preferred and 231,263 common shares,
Present
226,075
assets
—
been
now
Alstyne interests which held 150,647 com¬
shares, and the Timmins interests which
14,900 preferred shares. *
Van
preferred
common
and
1,563,871
contra)
(per
securs.
for
4%
1,707,826
or
LIABILITIES—
$1,232,835
_—.—v
Govt,
has
questions
were
case
cover
1945
.
working
the
reorganization plan provided for creation of new first and second
shares.
The latter shares would be redeemable at a price
dividend
arrears
011
the
presently
outstanding preferred
shares.
The common stock was unaffected by the plan.
to
$3,286,841
—
S.
Other
opposition
aside.
set
in
plan," Justice Boyer added, "would certainly affect the common
shares favorably on the stock market and even a 5 or 10-point rise
would net the Van Alstyne interests $753,235 or even to the extent Oi
$1,666,440
4,740,121
247,036
37,444
58,148
22,506
$6,653,597
30
in
cost
tU.
1944
1945
$5,608,083
4,294,141
283,621
sales—
Cost
Sell.
Report—
1946
1947
$7,814,737
sales
the
as
2,550
voted
plan.
315,994
to
Supplies
Year End. Oct. 31—
hand
on
issues
information.
who
269,993
sented
the
428,448
liquidation.,.
planters,——
commercial stores,
at
pending
Advances
Net
owned
1946
miscellaneous
molasses
that
new
such
and
mon
$3,278,291
§Sugar on hand or pending litigation
gBIackstrap
had
now
shareholders
1947
Cash in banks and on hand
of notification with the SEC
for 50,000 shares
be offered at $2 per share.
Underwriter, Smith, Hague <fc Co., Detroit.
Proceeds will be used to
pay off mortgage and apply to working capital.
The
Boyer
Judge Boyer said the proposed arrangement
of shareholders of the company, but
$5,496',412
ASSETS—
Corp., Lansing, Mich.—Files With SEC—
Planet
judgment
original
said
the Court in a judgment
attacked by Joseph May/,
by
Mayr's
Mr.
preferred
for year_,—
paid—
the
approved
It was subsequently
dealer.
The
int.
No. of shares outstanding
Earnings per share
291.
p.
-—
,
Cuban
1947.
$1,506,470."
100,000
to planters
for
494,262
436,673
133,906
:
advances
on
22,
"The
584,949
of land
possible loss
for
Prov.
Prov.
Pitney-Bowes, Inc., Stamford, Conn.—Files
Cr24,531
securities—„
Provision for depreciation
taxes
The
-
of
sale
on
Loss on sale
week last year, an
with 224,456,000 kwh. for the corresponding
of 16.1%»—V. 167, p. 472.
pared
Profit
operations
on
originally
investment
and
The
Profit
Dec,
York
Court
$13,530,768 $12,320,452
$22,095,216
revenue
"unfair" and "in the sole interest of the common
was
was
majority
of
Total
plan
plan
to the
validity of the shareholders' vote, the nature of the information given
them and the fairness of the arrangement about which, he said, the
$20,916,573 $12,143,074 $11,034,576
1,178,643
1,387,694
1,225,877
sugar
Interest
Pioneer Service &
the
The
50.
167,
new
said
He
stockholders."
Justice
1946
1947
Revenue
;
,
Justice
upheld
Report—
Corp.—Annual
Sugar
during
reorganization plan of this corporation was set aside on Jan. 27
Louis Boyer in Superior Court at Montreal, Canada.
The
plan had been approved by an overwhelming majority of stockholders.
Justice Boyer rejected the capital rearrangement plan on the grounds
that stockholders were "given incorrect and misleading and insufficient
information on which to base their votes at the shareholders' meeting."
by
Mutual
Alegre
assets
St. Lawrence Corp., Ltd.—Plan Set Aside—
\
-
liquid
in
The
in
Approval of the issuance
bonds
Section 31, Block 13, Andrews County,
the rate of 75 barrels per hour on a
on
New Mexico—Bond
of
Co.
Service
that this company has a new discovery
announced
its
Texas.
drill
the
in
proved—
Punta
was
is to provide a tenfold increase
next four years.—V. 166, p. 2214.
program
7%
nearly
of
increase
quarter of 1947 was made because of the uncertainties In
outlook which occurred throughout the year,—V! 164. p.
1331.
Discovery—
Phillips Petroleum Co.i—New West Texas
It
of the
output
the
11
business
Denver.
purpose
electricity
Public
and its subsidiaries for the
153,940,000 kwh., an increase
472.
p.
South
in
built
local
that
stated
fourth
the
has
company
.
8.6% Increase—
company
1948
kwh.,
12,209,000
V.
output
electric
The
holders
Colorado—Expansion—
broadened its plant expansion and improvement
program
to $34,000,000, according to reports.
This is tne largest
property Expenditure for which the company has ever budgeted.
In¬
cluded
in
the program
is a $14,350,000 steam power piant to be
The
.
Weekly Output Shows
(551)
CHRONICLE
the
20 filed a registration statement with the SEC
covering $25,000,000 first and refunding mortgage bonds, due 1978,
and 150,000 shares ($100 par) preferred stock.
Morgan Stanley & Co.
is named
underwriter for the stock, * Bonds will
be offered under
company on Jan.
program
FINANCIAL
of
Co.
Service
Public
Co.—Registers With SEC—
Philadelphia Electric
The
&
THE COMMERCIAL
167 Number 4669
Volume
J-',
I'
Other
<
$24,534
profit
deductions
i-n
XT—
195
{$17,614
1,158
—
$24,534
Net
profit
Deprec. inch in
t$37,757
{$38,916
5,448
4,586
{$17,614
1
above costs & exp.
1/1
mAA
+
1945.
{Loss.-—V.
164, p.
; 787
323.
^
'1
'
■,12
■
t
"l
P J
11
Transfer
Inc.—Buys Kansas Plant
corporation .has
Co.,
and will use the facilities for production of a variety of
cereals to augment the supply of sponsored brands sold in its stores
ir. the middle west,
The' seller was P. P. Kewit<of. Kansas City, Ivan.
Corp.—Note Placed Privately—
Securities Acceptance
of
and
for
purposes
The
Sale
y
of
discount,
Earned
Interest costs,
General
interest,
;
and prov. for credit
costs,
insur.
operating expenses—
Contribution
to
Provision
Federal
for
31, 1947
Bank
St.
of
respectively.
Louis,
The
ard
13,743
stock
Bank
Trust
&
York,
New
Co.,
has
Besides
Balance earned surplus,
income
Total
on
preferred stock__
Dividends
on
common
Balance
surplus, Dec. 31,
ASSETS—Cash
hanks
in
r.——_
1947_—
BALANCE
DEC.
31,
$10,313;
total,
$20,388,147.
LIABILITIES—Notes
dividends
payable
Jan.
of
Esso
The
V.
business,
fixtures,
securing
'Mortgage
-
in
one
aggregate
$500,000,000
tDue
$13,190,000;
$165,000
each
$The
ized
3*4% subordinated sinking fund note, due Jan. 1. 1961, $1,390,000;
5% cumulative prelerred stock (par $25>, $1,500,000; common stock
shares
Jan,
14,
shares
number
of
of
%as
Period End. Oct. 31—
profit
Com.
shs. :outstand.____
Earn,
per
-After
$1,440,245
reconversion
1,726,926
1,726,926
$1.00
$0.80
and
other charges.
all
Roswell
Shell Transport &
'
provided
YVYY,--;
—
jitj.—Stock
Public
The
directors
distribution
w:"y,
and
territory
served
by
generally
known
as
into
the
so-called
Texas
region.
It also
up
Mexico,
a
.
$283,172
$3,453,520
121,889
"35,479
1,609,627
V" 301,154
Maintenance
General
29,201
taxes
Retire,
res.
X"
195,023
%
$57,943
$759,364
Drl73
oper.
income_
income—net_l__
in
and
where
123
3,614
$762,979
of
$800,110
$58,066
10,688
8,130
$57,641
$49,937
1
$791,589
104
mile,
present
167,
present
500,000.
J5.344
in
$647,635
$687,037
the
the
two
of
on
y
Proceeds will be used for work¬
par.
Southern
Canada Power
to
its
______
$366,339
Maintenance-
174.860
131,800
Taxes
'
$1,132,815
lines
New
"
-
530,465
'
•
of
Hill
Mexico,
75,001
199,706
230,405
128,318
408.674
south
run
to
line
through
►
Texas,
the
Pecos
derived
from
31,
the
1947
31,
of
revenues
Amarillo
operations
the
and
service
*$5,725
__.
common
$11,155
*$6,030
$39,188
pfd., stock (est.)
%
p.
Southern Colorado Power Co.—Weekly
output
this
of
kwh.
2,595,000
responding week last
shares
of
stock
common
set
opposite
their
respective
M-O.—V.
company
fpr
the week ended Jan. 24, 1948.
with 2,391.000 kwh. for the cor¬
compared
as
year,
Pacific
8.5%—V.
increase of
an
transportation
Period End. Dec. 31-
167,
Y
474.
p.
System—Earnings—
1947—Month—1946
.1947—12 Mos.—1946
operating
revenues.
48.224,490
Fy.
operating expenses.
38,458,218
%
10,013
.
Lee
\: »;
' 'v-.- ■ ■:
> '
Higginson Corp.__
-
Mr!
9,766.272
unemploy. ins. .taxes
674,789
ry.
retirement
."Federal
taxes—
income
State,
county
and
taxes
14,402,354
9.427,223
23.037.951Cr45.488.781
13,689
169,419
4-
'
'
4,853.154
-t
*
•
336,678
•„
^
^
15,979.680
3,500
because it has not yet received
1,
Riter
Shields &
2,000
Smith, Barney & Co
Stone & Webster Securitie§
and
Co
Bosworth, Sullivan & Co.__
Central Republic Co.
Dillon &
(Inc.)
2,500
Co.____
4,700
&
•
18.360
Crl2,095
Cr38,523
1,597,393
Operating
Opcration
19.725,204
General
taxes
.
V.
167,
4,700
'
■
*: 4,700
Kidder, Peabody & Co.___
W.
4.700
White, Weld & Co
calendar year.
96,599
79,142
1,294,203
3,915,505
44,655,931
41,524,526
revenue
deducts..
for interest
income
items,
charges
on
$392,221
$5,017,48i
2,207
38,502
$394,428
$5,055,983
.^Deficit.—V.
SoHthwcstern
!____
$483,940
deductions
income
Net
OFFERING
of
TO
COMMON
common
stock
STOCKHOLDERS—Company
record
of
as
of
the
close
of
has
on
cumul.
issued
business
Jan.
—v.
expire
at
4
stock
o'clock
Subscriptions
York,
.Bank
Boatmen's
at
for
are
each
p.im
11
held.
The
subscription
at
Dallas.
of
_
St.
.
Bank
Louis,
_
or
&
Trust
Mercantile
Co.,
New
National
as
475.
""
pfd. stock—316,008 r;:>
com.
stk.
J,
—
$2,904,282.
$2.56
:
<
Jan.
20
a
pf
letter
of
capital
(par
was
$1).
Proceeds
; $1,98
the
SEC—
filed with the SEC covering
Stock will be sold on .New
*
,
Howard's
letter of notification with the.SEC.
for 5,0.00 shares ($7 par) common stock to be offered at $17 per share
without underwriting.
Proceeds will be used for working capital.—
164, p.
3420,'..
Y
York
167, p. 475.
'
/
V,
Cargo Service—
"
(
' xy
and
Geneva
beginning March
l'.' .v' V 4'
:
;:"
-
Xf
.
,
„.
V ;
Vice-President of Traffic, made the announcement on
anniversary
of TWA's >pitial all-cargo flight
across
trie
Atlantic.
TWA pioneered this service on Jan. 30, 1947, offering
O.
North
Cpcke,
shippers for the first time the advantage cf being able to reserve
definite space in advapce, the same ^s.;with passenger flights. '
modified Douglas DC-4 Skymaste'rs, capable of carrying a
payload;, are used on the weekly two-way schedule be¬
York
and
Bombay via 11 intermediate countries.
More
1,00 pcegn crossings w?re spade with ,th]s service in the Is^st year.
14,688
pound
New
"During
.
duced
a
^
on
hecame. known; that TEMCO would
the facilities:* Approximately 1,000,000
first
than
V.
arrangements
lease
concerns
it
numerous, inquiries from
seeking " additional storage .or
result-of
is -the
statement
Specially
Sport Products, Inc., Cincinnati—Files With SEC—
Jan, 6 filed
Under an arrangement with the.
facilities near' Grand Prairie, TEMCO has
right for all of the properties, ::VX'Y'vY
company.
feet already are under lease.—V.
tween
'c
,
on
this
4,367,783 torn miles of cargo overseas in its first year
of
scheduled all-cargo international flights,
Trans World Airline on
Jan;
30 announced new weekly round trip all-cargo service between
$2,248,757
> '
market (estimated, $28,875 per share) through
Collins & Co., Buffalo/and Fahnestock & Co., New;■ Yo_rk..
will go-to selling stockholder.—V. 167, p.-292.,
company
>
Having flown
York Stpck Exchange at
Trubee,
';
Transcontinental & Western Air,-Inc.—Completes First
New
Sons, Inc.—Filing With
notification
stock
by
Year of Scheduled Overseas
250,988
Dr86,000
■■*■:
Spencer Kellogg &
On
3,350, shares
$1,57§,6S^0 :kv-
space involves what was-known during World
North American Aviation "A" plant facilities, part of which
occupied
square
E.
The
Continental
Bank
p.
41,653
43,491
$1,4?6,810.
1,693,871
.
warrants
(ESTlr Feb.. 2.
payable
National
shares
167,
11,58.5
$1,620,30.3
only on a month-to-month
• >.■>'■■:,■■ vVy;.\
;-•■;■
national,
as"' well' as' local,'
manufacturing
space. after
'$2,585,745
$3,220,290
dividends
Adjust, for net amt. of certain non-recur. items
21, subscription warrants evidencing xights to subscribe, at $21 per
share, for 103,113 shares of common stock at the rate of one share
common
1,835,693 J
.W
•
Navy, owners of the
sub-lease and maintenance
$4,279,616
________
Adj. bal. applic. to 1,134,241 shs. of
per common share
Publip Service Co.—Common Stpck Of¬
is
handle
income"
Gross
$1,480,301
A
Co.—Handles Leases—
.The remainder is available
.VI;
S.
U.
other
or
%
II
now
$4,274,642
4,974
6,646
36,755
long-term lease
-
1947—12 Mos.—1946
$931,719 $12,618,198 $10,433,273
539,497'-" 7,600,717
6,158,631
income ;;;$477,294
—-.^—
V
3,485
.
$1,6.08,71(7
$1,443,546
/
feet was available on an annual basis or on a five-year basis
option to cancel, through 120-day noticp, at the end of any
.
The
Mr.
operating
income
Accrued
outstanding debt,
167, p. 475.
4,700
basis.
682,046
490,000
Vice-President, sgW) about 500,000
Executive
Howard,
"Bert"
L.
War
1,353,539
3,834,850
'.
3,500
$1,159,341
____
;
765,800
603,251
Approximately 2,000,000 square feet of floor space for manufac¬
turing or storage use is available for lease in one of the largest
and
most
modern
industrial plants in the nation, this company
announced on Jan.' 24 at Dallas, Texas.
,'YVYvYY
■'./.-•l,,
H.
-
■
293.
p.
without
Operating revenues
.4,072
$113;812( $130;31'8
Texas Engineering & Mfg.
5,500
Corp.____.
STATEMENT
% $13,3,803
deductions___a_
square
EARNINGS
4.328
779,349
623,000
$129,475
$117,884
income
Net
,
1,370
%
income
Gross
Income
■-•^;y-:
4-,700
1947—Month—1946
:' !
$116,514
oper.
income.
income—net__—
Utility
Other
3,500
COMPARATIVE
803,172
51,118.
accruals^^
Retire.;res.
Union
Period End. Nav. 30—
440,734
59,978
71,000
40,833
39,000
;
inci__
on
G. H. Walker & Co.—4,700
Cj. Langley & Co
3,486,965
421,455
'
'
Spencer Trask & Co.______
Securities
$7,571,566
4,218.983
23,056
51,697
taxes
Federal
1,113,407
300,038
39,934
$624,980
$703,241
-Maintenance
3,500
Income
;
1947—12 Mos.—1946
1947—Month—1946
404,977
4,700
20,073,401
(net)'-
fered—Dillon, Read & Co., Inc., and associates on Jan. 27
announced the underwriting of an offering by the com¬
pany of 103,113 shares of common stock (par $1), to
holders of subscription warrants at $21 per share.
cf
>
rcvenues__"_.
4,700
'
—
provision
ti holders
ago
years
Ca.—Earning?—
Tampa Electric
Hqrrimari Ripley & Co., Inc,
Hemphill, Noyes & Co.__l_
Net
,
rioted vthat this is
Hanson
Period End. Nov. 30—
•
Co._—2,500
Co.__!___^—J--_ 3,500
Corp.
Earns,
;
approval from the Central
of
make-the payment. Quarterly distributions
been made since September, 1945.
to
4,700
2,0,00
•
*
E.
share have
per
nuip-
L*_
4,700
Other
*
Offered—C.
Co., New York, on Jan. 27 offered 12,500
$1) at $8 per share. Pto*
stockholders.T-V/165, p. 163L5.
factorily."—V. 166, p. 801-
who
Rauscher, Pierce & Co. Inc.
Allyn and Co., Inc.—
Oper.
>
,
.
Inc.-4-Stack
the first time; since the company
that a regular dividend date has
passed without 'declaration of a dividend.
He
added:
"We
are
continuing discussions with
the Argentine
.authorities and "we 'hope th'&t this situation" will be resolved satis¬
3,500
The Milwaukee Co.__.
18,159,692
______
income
oper.
r.on-operating
8,079,784
1,359,022
rents
ry.
*Before
781,757
'
"X
1,537,547
facil.
7,5.25.890
943,99£Crl3,594,796
25,202
53,427,539
__
Miscellaneous taxes
*Net
670,216
city
Equipment rent's (net)
Joint
tl,665,574 126,778.537
1,294,263
taxes—.
Other Federal taxes__^_
.
^
Textiles,
organized almost 30
was
Sharps
'■
5.900
C.
Eastman,
>
after years-of-research at the Phillips'
292.
p.
No. of
H. Rollins & Sons Inc.__
39,791,903 402,242,476 431,408,853
fr.
opers.
Fed.
167,
Argentina
of
cents
40
pur¬
•
Dillon, Read & Co. Inc.__^
33,126,327 529,021,013 484.836,392
Fed.
-
feet with a floor area of. 72,000 square
equipment to accommodate an improved
342x140
Stern
&
March
Bank
names
No. .of
Blyth & Co., Inc.___i
Ey.
rev.
'v
,
plant in Glenbroo.k, Conn. 'Products manufactured f)t Gulfport
Phillips' Milk of Magnesia, Phillips' Milk of Magnesia tablets and
Goldman, Sachs & Co.____
Southern
,Net
-
in
Swjft International Co. (S- A. C.)—Omits Divi^en^—
J Joseph O. Hanson, President, on Jan. 23 announced that the com-;
(pany'would not pay the regular quarterly dividend customarily due
$12,637,886
Boettcher
Output;—
"Moreover,.
1945.-
shares of common stocks (par
stock___v 1,965,386
E.
292.
:;
■
ceeds go to sealing
982,500
A.
167,
-
.
largest
and
is
plant
new
Unterberg
area
follows:
as
.
manufactures
____________________
386,308
are
The
negotiations with New York Life, Mr.
sales ,of $104,584,000 in
over
intq operatipn
Stern
company
produces,
company
24%
the first
of
Haley's
approximately. 15.00%
provides water service
the New
of $12,000,000, by issu¬
sum
.parent
'are
1947.
and
of
manufacturing process developed
I
the
15-Year
said, "these sales records have been achieved without material
as compared
with prewar years."
- - % % > (
put
on
i
-
$12,000,000
miles
Borger,
City,
connect,Twith
Inc.—Negotiates
completion
than
more
The
-
McLean
300
UNDERWRITERS—^The .nqmes -of the; principal underwriters
severally agreed to purchase not exceeding the respective
ber .of
they
drug manufacturing establishments to
the South since the end."of the war was
opened at Gulf port,' Miss., on Jan. 30 by' the company's Chas. H".
Phillips Co. Division.
.%%■
.':.;y■'■.;•; :.i
in
southwestern
Denver
Carlsbad.
Proceeds of sale of 10,000 shares of.5%
1
per-
on
increases
Ope.
be
-
and
about
From
Drug
& New Plant1 Opened^-
City
the
-
,
have
V 397,461
135,009
div.__
&
*Peficit.—V.
Electric
regular meetings
feet and contains a new type of
county
one
,
extends
west.
operating
Shares
totaled
and
'
Mexico,
of
part
New
Texas,
at
(3) Minibiuhi pro'oepds of salp of
i
$1,053,362
62,195
deprec.,
Surplus
'
.
and
Oct.
electric
year.
their future
hold
-
Total
1947—3 Mos.—1946
346,274
earnings
ice.
cents
50
to accommodate the steady growth of the business."
price
,>/'.XXXVx;Y■%■;■.;y, y,y XfYVWTyVy'y(1) Proceeds of sale of $9,700,000 first mortgage bonds; 3% - ' ; '
series due
1977—approximately
$9^,690,000
Ltd.- -Earnings—
1947—Month—1946
Period End. Dec. 31—
Lr.t.,
Co.,
sells
March
of
this
10,
to
payable
sinking fund note payable in 15 years.
arranged by Eastman Dillon & Co., :
was
Mr,
CONSTRUCTION PROGRAM—It is contemplated that the construc¬
program for the fiscal year ending
Aug. 31, 1948, including cost Y
acquiring the Rule Building,
will
be
financed
substantially
as
(2)
ing capital and retirement of bank loans.
&
and
Rosa,
Aug.
ended
voted
dividend
12 to*
quarterly
regular
stock,
distribution
extra
the
same
time, Mr.
Hill disclosed that Sterling's
1947 sales
approximately $130,000,000, the highest in the company's history.
They represent an increase of 7%. over the 1946 figure of $121,487,060,
population served competitively)
estimated by the
company
at approxi¬
was
ended
year
An
At
.
follows:;.
5x/2% cumulative
1,500 shares (par $50)
preferred stock at
Oper.
central
system
east
electric
Jan.
on
the
capital
the
27.
tion
16 offered
Gross
presently owns.
These
integration and sim¬
of
comprises, principally the
Panhandle." extending liqrth
transmission
is
the
as
were
(including
territory
known
declared
23
on
Feb.
also
3%
a
sary
fully interconnected system except
Santa
Mexico
New
months
addition
and
Offered—Peters, Writer & Christenten, Inc., Denver,
Jan.
KV
115
Of
a;
Lubbock,
chases and sells natural gas,
Smith Drug Co., Grand Junction, Colo.—Stock
(C. D.)
un-v
the
'
miles
and
16.65'%
fiscal
in
113,073
292.
p.
of
11
Mexico
primary
120
population
the
In
income
Net
-V.
shares,
it
plan
a
east
transmission
Plainview
approximately
$68,329
______
New
The
and
principal
mately
8.521
deductions--'
the
by
but
the author.-:',;
The authorized
Sept.
.
Texas.
south
the
a
The
■
income
Gross
I'.-.come
authorized
authorized
and extending
south in
of the so-called "South Plains"
VaUey region in- southeastern New
in
area
central
Valley properties in
$68,502
Utility
0:her
small
under the
a 31-story
officethe newest of the
the Esso Building.
broadcast
City,
York
said that "sales increases during /the past few years have been %
accompanied by
increases
in accounts receivable.
Likewise, inyqn-■"
lories have risen, because of both greater sales and increased costs,
The loan just negotiated will • enable Sterling to
pay
olf its bpnk
indebtedness and provide the increased working capital which is neces-i
reducing
Panhandle,"
PeCos
is
home'in
new
Hill
greater-part
communities- of
Texline,
Amarillo,
accruals, &
Amortization
Rosa
small
Kansas
325,227
192,140 X
16,188
and
279,364
286,266
>
the
north
223,158
304.967
23,800
15,628
inc.--'
on
27,873
18,200
taxes
Federal
the
includes 'the
relatively
Santa
for
1,281,070
25,012
$313,540
revenues__-.._
Operation
"Oklahoma
embrace
made
beard
Jan.
share
In„ announcing
,
New
of
"Texas
the
record
was
loan
compariy
The electric properties comprise
y;
$3,095,432
156,998
Operating
ing
issued, at
.
1947—12 Mos.—1946
1947—Month —1946
Period End. Nov. 30—
of
to
the
southwestern Kansas.
.
be
in the generafibri,'.transmission; '
energy.
Practically all of the com¬
elertric
of
its
and
Street, New
is officially
York Life Insurance Co. the
Mexico Aug. 17, 1921,
subsequently changed'to
1,%1942Y the company
non-affiliated^interests>;the
in
As
which
region
y
company
Co.—Earnings—
35,000
and
The
t'c just over
Power
sale
the public consciousness..
announced Jan. 27 that it had borrowed from
of y,
excess
in the mortgage.-
pany's electric energy is produced in its own; plants;
Sold—
in
being
name
Co.
51st
group,
on
per
of
Sterling
crimp,any is engaged prinpipally
lent of $12 each.
Sierra Pacific
to
properties
the
of
the
thereby
affiliated
various
portion
Co.]
Center
*
which
activities
company
instance,
for
program,
Reporter,"
West
other
together in
Loan—The company, through James Hill, Jr., President,
issued
be
may
not
may
were
from
organized
was
several
name
Monday of March, the third Monday of June, the third Monday
September and the second Monday of Decerpber.—V. 167, p. 158.
;
of
stock'was increased "from i,250,000 shares
13, 1948.
Y;"' VyY% ~Y ^VYYYY'-Y
Service
radio
15
in
fourth
%
to' 1966,; ;i'ncldsive,' arid ;
X\:; • 'J- v; .'■ X » .
stock
stock,
stock
such
used
company
cents
The
Public Utility-Holding ;?
Company Act of 1935. Company has ho parent" and itsririly Subsidiary
is Dalhart Ice' Co.: Y'V' X':;'"
T Y%\ V V Y.V YY'!'*F:i •>.?••• "YY VV'
has announced that pqmmon stockholders subscribed
95% of the 9.,648,544 common shares issued at the equiva¬
The balance—less than 5% of thp issue—was taken
by the underwriters.—V. 166, p. 2108.
The
of
Public Eervice
from
greater
of
out
preferred
preferred
their
2193.
P.
25
share
inclusive.
1961,
transferred
and
shares
to
acquisitions wei*e made pursuant to
plification in accordance witli Section
$2,337,641
reserve
.
grading Co.,
'(acquired
\
*'
tAfter charging $450,000
contingency
against
expenses
prio'r years earnings.—V. 166, p. 21Q8.
*
>$1,434,265
JV26.926
1,726,926
$1.20 *
$.067
t$l,809,260
shgre_r
com.
Federal taxes
'
1947—12 Mos.—1946
1947—3 Mps.—1946
♦Net
-
that
thereof
amount
1957
5%
of
1948
3.70%
BUSINESS—Company
:
Southwestern
*
from
Mr; Rathbone pointed
principal identification'
sell
thegnd the
name,
as
-
is
the
"Esso
at
holders
X<
bonds
that
limitation
25 "from" 1949
March
25
number of shares of comino.n
.tp 1,500,000 shares on Jan.
(par $41 $1,000,000; paid-in surplus, $137,500; earned surplus, $668,024;
total, $20,388,147.—V. 167, p. 51. ^
1
'
'
principal
each
March
10,000
directors
.issued
__%.
the
and subject to furthft restriction's, contained
$170,000
2,
subject to
brand
a
displayed
Sterchi Bros. Stores, Inc.—Meetings of Board—
.
provides
bonds
the
series
more
or
$100)
pfd.
stock
Common
-
the
of
164,
of
22,410 shs.
42,590 shs.
20,000 shs;
.J10.000 shs.
10,000 shs.
$1,500,000 shs.1,237,354 shs.
(par $1CQ)_y;:;...;_50,000 slis.,
(par $100)—
20,000 shs.
stock (par $100)
(par $l)___—*-_
as
t35,000 shs. %'
(par
stock
cumul.
Esso
Rockefeller
2,170,000
stock
5%
Esso
sign-is
Columbia.
and
building
„
9,700,000
$2,500,000
pfd.
items,
Seryel, Inc.—Earnings—
•
__
Esso
company's
name
$19,800,000
3,465,000. 4
pfd.
cumul.
cumul
,
any. time
(unsecured),
short-term
2.60%
to
*•
*
*
pfd. .stock
:
payable,
(paid
scries due 1977__
3%
1.45%
notes.
series due 1971
series due 1972
4.15%ycumul.
19481, $68,752; accounts payable and
$412,463; dealers' participating loss reserves, $520,739;
reserve
for credit losses, $150,000;
deferred income, $1,257,093; mort¬
gage payable, not assumed
(secured by office building and. land, paysable in monthly instalments of $776 incl. interest at 3%), $93,57$;
accrued
mtge. bonds,
3.70%
;Y-' YY'VY
etc., $55,150; automobiles used in
and land, $93,577;
furniture and
(building
office
$14,943;
27/8%
27 by
25,000 independent gasoline dealers who
products in 18 state§ from Maine to Louisiana
wo.rd
Outstanding
3.90%
notes receivable,
prepaid interest, insurance,
bonds,
tSerial
$437; repossessed automobiles,'etc;,
insurance on life of-officer, $31,777;
$16,758.4^9; accounts receivable,
$22,188; cash surrender value of
2% %
mtge.
1st
$668,024
VV,
1947
$3,401,313;
hand,
oii
mtge. bonds,
1st
50,000
_____——
SHEET,
and
1st
18,474
i—_—_—:—
stock
FINANCING
PRESENT
TO
Authorized
$736,499
—
Dividends
EFFECT
GIVING
CAPITALIZATION
of
use
oval
The
.
link
'
579,832
1947
30,
Sept.
$156,667
—
—
Jan.
on
approximately
The
income
Net
the
the
by
appointed
been
announced
was
company's
the closing of the sale
The net proceeds
registrar for the new preferred stock.
was
District
from the sale of the 5% preferred stock.
approximately $982,500.
be
'
M. J. Rathbone, President.
The change was made to give formal recognition to the close asso¬
ciation which has developed in the public's
mind over a period of*
years
between the corporate name of the
company
and its Esso
:
has:
offered.
now
iNew Jersey])
Co.
Oil
■
(the principal market affiliate of Stand-"
has been changed to the Esso standard Oil
trade-mark.
with Travelers In¬
purchase agreement
a
common
Continental
104,444
-
this company
of
name
Co., it
.
Privately—Company
Stock
.
share, simultaneously with
the
will
304.816
income
the;
of
properties
the
to the company
295,561
losses..—
__.—
profit sharing pension trusttaxes_;_T_.—.V
——
employees'
of
$.875,231
and carrying charges, etc.
insur.
into
5%
per
DEC.
MONTHS ENDED
STATEMENT,; 3
INCOME
to
improvements
Co., Hartford, Conn., for the sale of 10,000 .shares
cumulative preferred stock (par $100) at $100 x'
surance
retire $1,390,000
$610,000 of additional funds and
subordinated note dated Jan. 1, 1946.
vide
and
bank loans of $900,000 and $350,000 obtained
from the Mercantile National Bank at Dallas and
Preferred
of
entered
1963. Proceeds will pro¬
sinking fund note due Jan. 1,
Co., St. Louis,
repay
National
Boatmen's
Mo.
out,
has placed privately with the Mutual Life.
Co. of New York $2,000,000 3V2% subordinated
The company
Insurance
to
Standard Oil Co. of New Jersey—Changes Name—
Trust Co. of New York and
Registrars—Empire Trust.,
&
Louis,
Rfississippi Valley Trust
additions
struction
company
such
Bank
St.
of
Mo. 1 ;y
proceeds will be added to the general funds of the
amount equivalent thereto will be used for the coh-
and
and an
company
Bank
National
York,
New
PURPOSE—-Net
167, P- 157.
price was announced.—V.
No
Monday'/ February 2,1948
CHRONICLE
FINANCIAL
Agents—Continental
Boatmen's
Kansas,
1
--JUfi
!•*
purchased a cereal plant in Bonnet Springs,
Stores?
Safeway
This
»•>'
THE COMMERCIAL
(552),;
,
*'
pany,"
25%
Mr.
the
past
year
the
rate
of volume
and is now at the lowest point in
Cocke
said.—V.
167,
(Continued
p.
476.
on
■
page
Shipments has been rethe history of the com¬
%
48)
,
'
>
Volume 167 Number 4669
.:
THE COMMERCIAL * FINANCIAL CHRONICLE
.
Stock Record
-
.
(553)
New York Stock Exchange
«»
DULY RANGE OF PRICES
YEARLY RANGE OF SALE PRICES
;
i■
;
WEEKLY VOLUME OF TRADING
FOR EVERT LISTED ISSOE
;
•
'
Range for Previous
$ per shark
66% May /
90
87%
Jun
110
■"$
57/8
Dec
10%
60
per
Oct
40%
Feb
Nov
112,.
Dec
6%
3%
16Va
Dec
75
Dec
31%
?
Adams Express——
9
22
8% Jan
15
23
26% Jan
8
Air
Jan
2
Alabama
■4% Jan
8
Alaska
Jan1,2
3% Jan
102
15
-,
16% Jan
Jan
19
21
20
80
Jan
Admiral
Jan'"'5'
Jan
Motors
Co
—_2.50
Corp
&
Inc_
Aldeng
Inc
Gold
2% May "•
Jan
27%
76%
Dec
90%
Nov
10 V2
164
48%
104
common
18
90
5
Allegheny Ludlum Steel Corp.No par
Alleg & West Ry 6% gtd
—100
5
Allen
Industries
5
Allied
Chemical
22
21% Jan
30
Allied
Kid
31% Jan
23
33% Jan
5
Allied
Mills
27
22
31'A Jan'
9
Allied Stores
190
' Jan
19
105% July
Jan
Jan
28
'42%
Oct
34% Jan
99%
Oct
91% Jan
Jan
-89
24
29
86
-
16%
16
16 %
*7%
43%
46%
♦45%
*31%
31%
31%
31%
,31%
*7%
7%
7%
8%
7%
7%
.
:
■
^
,24%
25
24%
•
50%
>
16
-
16
25%
18;
17%
17%
80
80
-
2,500
50%
50%-
600
16%
16%
16%-
2,000
*45%
46%
31%
31%
31
26% ,26%
;
*100
,
4%
17%
82 '
4
».
17%
9,000
.
17%
•
*80
82
12,900
105
3%
17%
*80
600
26%.
*100
:
4.;. '
1,800
8
26
105
3%
100
31%.
8
8
8
,■
26
105
•
50%
1,900
6
46%
17% " 17%
*80
57a
16%
31%-
-4
6
50%
Shares
71
90
*45%
,.7%
25%
4
:
71
*G0
90
5%
,
46%
*100
'4%
82
"*78
5%
the Week
$ per share
71%
*80
50%
105
•;
4
71
•
5%
50%
*100
4%
17%
6
50%
105
4
80
•
5%
50%
♦100
3%
17%
80
5
4%
12
39% Jan •; 5
92% Jan
8
3Va
Inc—a.,
>:
28
.—1
*
10%
n
No par
Inc.
preferred
cum
10%
'
27
.
j.
-.V-
27 '
"
*86
88
,V
34%
35
91%
34%
40%
*71
28%
72' ■"
:■'(
28 y2
*71
28%
11
*10%
11
,173%
181
180%
v
2,800
.
82
40
181, "
32%
32%
*32%
28%
27%
23%
*86
•
21
88
21
•86
86
...
{-J
5,800
10%
900
1,700
17L'%
179%
21%
21%
21%
32%
*32%
33
700
29%
28%
23
11,600
32%
28%
28%
95
10%
181
21%
-
3,700
72
28
*89
10%
180
32%
27% ;
,v
20
13,000
40%
*71
95
10%
3%-
•.
40%
28%
.
*87
20
13%
■
.
73
-
28%
>
95
27%
88
3%
40%
*8.)
-
32
*86
•;
,3%
40%
15
19%
27%
'
3>A
39 %
"*10%
180
"
,
91%
preferred—.100
"19%
,r 32
3%
40'/2
72
28%
*39
11"
*10%
179%
19
*71
28%
95
-
*3l%'« 32
y
par
.—100
conv
3!A
"•39%-
72
27%
*09
181
19
Corp common—No
3%
39%
*70
28
95
:
181
•
Co
Co
3%
3
39%"
72
"
*70
', *89
Allls-Chalmers Mfg commoh__No par
3%%
"39%
'
-
<k"Dye—u.No par
3%
39%
-
Jan
11
30
16
*45
3%
17%
/
Allegheny Corp common—
_1
9%% preferred A_——1—-100 1
$2.50 prior conv preferred-No par
Jan
30
Oct
Jun
2;
30% Jan.
10% Jan
39 % Mar
30% May
91
17
178% Jan
-.36%
Dec
2
/ Jan
72
Nov
Feb
Jan
41% Jan
70% Jan
7
27% Jan 22
,
Feb
22%
29% May
3% Jan
19.
Nov
202
May '
30
Nov
20
Jan
'
15%
6
5%
*50
/," 24%
25
/ *100 / 105
•
100
■—
5%
*7%
100
_
90
" 46%
31%
31%
Mining.-—10
preferred-
71
*80
Sale* for
Jan. 3d
S per share
'
Jan
3
39
4%%
20
Apr
12%
Dec
May
..
Feb
Feb
5%
"44
25% May
56
80
102% Aug
•.
71
90
50%
:
Jan.29
71
*80
15%
'
,
70%
90
Erldiy
-Thursday
Jan. 28
S per share
3%
,
*45
_—.No par
Vicksburg Ry_;
Juneau
PRICES
^Wednesday
.?
$ per share
70%
*80
SALE
HIGH
Jan. 27
50%
.
1
Reduction
70%
90
AND
Tuesday
$ per share
70%
»BO
Monday..',,!
Jan.26
share
70%
-
No par
Corp_-_________Nq par
Addressograph-Muitigraplt Corp'—10
30
■
No par
com—
& Straus
,
Jan. 24
$ per
Adams-Millis
Jan
102
Feb
Feb '
"
—1
2
27
31
,
'
—10
7% Jan
Feb
100
Stetel Cb—___
36
'•
•
Acme
24% Jan
Oct
"10%
ACF-BrUl
5
Jan
8
."38%
9.
46% Jan
22
Jan
Dec
Abbott Laboratories
Abraham
17% Jan
15% Jan
45
May
2,
8
6% Jan
Oct
6
Jan
52% Ja-n
Jan
25 Va
.
Jan
20
18%
/■
Par
-
LOW
j;
Saturday
>
79%
23
55
'
y
90
8
13 Va May \
\ 30% May
i
'Jan
5% Jan
50
•
NEW YORK STOCK ' '
'
EXCHANGE
'■;': : • /,
.
•
4 per share
share
38
May
V'
,
Highest
Jan
90
Feb
Apr
since Jan. 1
70% Jan"26
Jan
July
43%
Range
Lowest
Highest
$ per share
*
V
;
Lowest
STOCKS
..
Year 1947
'
*85
*85
8.7
87
35%
34%
36
>33%
36
36
37%
36%
91%
91%i
91%
*91 %
92
91%
91%
91%
28J/2
28%
*28
28%
28%
28%
.
900
•
<37
' !
100
10,100
91%
600
;
"
24% May
/35
V
5 V2 May
Jan
46
73
Mar
107
/
24
Jan
14
Dec
91
Jan
28
50%
Dec
48% Jan
22
11%
Dec *
50%
26
48
Apr
Dec
,
Jan
5% Jan
26
Feb
51
34% May
7
Jan
8%
Apr
7'A Jan
13
Mar
51% Jan
6
80
-
30% Jan
6
6% Jan
9
Jan
2
106% Jan
12
50•
52
Jan-./9
8% Jan.21
58
Jan
-
28
20% May
31
Jan
19% Jan
22
21% Jan
5
65%
77%
Jan
63
Jan
10
64% Jan
2
-
Dec
9
.
May
36
May
107%
50
110%
3% May
75%
7%
Dec
99
Dec
166
6%
convertible
Amerada
Amer
6%
-.
American
196%
12
23
42'A Jan
9
Amer
21
107% Jan
5
4%
4% Jan
2
4% Jan
G
Amer
Jan
6
80'A Jan
9
American
10% Jan
Feb
77
Mar
27
175% Jan
26
May"
54 %
Feb
39% Jan
22
43% Jan
9
May
115%
Jan
98
Jan
8
100 Vb Jan
21
Cable
7%
20% May
28%
Feb
21
Jan
19
22% Jan
8
Amer
104% Jan
28
106 % Jan
15
5%
168
110
Feb
Co
&
Radio
Can
1
Corp—
Cable
38%
Dec
101%
Dec
48% July
118'A
25% May »
46
19% Jan
4%%
37% Jan
26
101% Jan
Oct
22
Jan
26
Jan
27
Jan
3 % %
17%
10
Cyanamid Co
Distilling
15
American
Encaustic Tiling
Jan
2
Jun
17% July
14% Jan
23
15% Jan
5
American
European Secur
16
Dec
20% July
16
Jan
22
17% Jan
2
American
Export
5
2
Dec
6%
Feb
Dec
115%
Jan
86
Jan
t.
5
2% Jan
2
Jan
2
86
27
89% Jan
9
7%
Dec
25%
Feb
7% Jan
5
8% Jan
8
74%
Dec
101%
Feb
73% Jan
30
77% Jan
12
Apr
40
Amer
$7
37
6
Jan
23% Jan
29
10%
Jan
6% Jan
19
Jan
13
92
Jan
13
11% Jan
23
12
Jan
2
13% Jan
5
15% Jan
30
20% Jan
2
22 % Jan
104% Jan
12
May
Apr
9% May
12
106 % Mar
13
i
14 %
Nov
30%
4
Dec,
92
Oct
Feb
116
May
18% May
102
American
Jan
102
Jan
6
53
,
24% Jan
7% Jan
■
;
American
Home
5
American
Ice
6%
'* 16%
16%
16%
.
2%
89
21%
48
47%
18%
18%
17%
•17%
17%
89
*87
38%
37%
38%
37%
103%
104 'A
104%
*27%
28
American
7%
*38
1
Products
_s
YORK
*13%
14%
21%
<' .-V/ -y
>
11%
*14
:U4%
21%
*14
21%
102%
,
86
•
86
11%
86%
600
7%
3,500
73%
300
*38%
39%
AND HIGH
SALE
39
$ per share
18%
Jun
80
Dec V
7%
Dec
28%
101
x25% May
127
Dec
8%
4
'•
Dec
14%
23 Va
22
■
85 % Jan
9
Oct
Jan
5
22
12% Jan
9
Feb
17% Jan
23
19
Jan
12
42%
39
Jan
6
51% Jan
22
July
144% Jan
32% Jan
30
Jan
5
40
Mar
Jan
135
47%
146%
Feb
Dec
60
120% Aug
8%
9
Jan
American
American
Stores
5
American
Stove
20
39% Jan
2
.
Jan
19
Jan
21
19% Jan
12
150% Jan
64
Jan
•64% Jan
1363/4 Jan
23/
26
129
153% Jan"
68% Jan
American
5
American
69% Jan
5
6
141% Jan
14
2
26
60% Jan
116% Jan
2
1193/4 Jan
23
Jan
5
52% Jan
•
Dec
8
Oct
41% Jan
23
44% Jan
30
Feb
95
Jan
21
99
Jan
Jun
103%
Feb
86%
Jan
19
89% Jan
10%
Jan
.6% Jan
5
7% Jan
9
62
62% Jan
16
64
Dec
23
34% Jan
9
Dec
323/4 Jan
28
38
353/4 Jan
27
38 % Jan
Conv
Apr
15 prior conv
com
42
36%
Dec
38%
35
Nov
51
Mar
33
preferred——„25.
Jan
Anaconda
Nov
111% Mar
Jan
20
104% Jan
46'A
Jan
58% July
51% Jan
22
53 % Jan
Anderson,
14"%
Apr
24 3A
Dec
19 3A Jan
23
23% Jan
Anderson-Prichard
9%
Dec
16
Jan
93/4 Jan
29
10
Jan
Andes
Feb
43/8 Jan
13
5
Jan
A
y2 Oct
31% Jan
28
3%
30
Jun
Apr
..
6%
39
34% Jan
P
W
Clayton
Copper
&
Co
Oil
—21%
Products
Co
54%
145%
145%
145%
145%
145%
Inc
Archer-Danlels-Mldland
27%
,
24"%
36%
*127
"
150% '
*64%
33
33
140
*138
27%
22
•
27%
25
22
.*24%
7*21%
■
37
*37
18%
150%
150%
150%
150%
64%
64%
64%
1
140%
'
V" 64%
64
Y
118
'
140%
117%
•
•.
52%
7%
99
*59
•
%
7%
33%
/ 33
33%
*85%
6%
6%
64 '
*59
"
33
36 %
101
*59
33%
"
*36
97%
88%
•
*100
7%
42
97
34
51%
*50%
19%
19%
20
*9%
10%.
*9%
10
*4%
4%
32
*4%
*31%
.7%
42%
97%
*94%
97
88
*86
88
6%
64
6%
*60
4%
32
65
,
6,600
145
144%
33
*138
'
143
28
,
/
•
-
*24%
21
'i.
*36
*127
/
600
//;
28
21
36%
128
150%
65%
66%'
66%
66%
53%
,
7%
54
.
7%
42%
43
*94%
,
118
97
; 88
6%
*61%
7%
43%
*95
£8
'
1,200
500
100
18%
600
151%
21,900
140 •". 140%
52%
118
/ 30
300
.}'
66%
18%'
.
3,200
25
66%
118
500
33
V
/;
140%
230
•
53%
53%
118%
7%.
44%
97
1*700
10,100
590
3,700
80
1,200
13,500
200
89%
6%
:
65
897A
500
6%
6%
1,900
*61 %
65
33%
33%
33%
33%
33%
33%
11,500
33%
32%
33%
33
33%
33%
33%
35%
'36%
1,300
2,500
35%
100
51%
*50
19%
•
100%
*50%
51%
•
6%
••'
700
40%
•
151%
140%
f
250
2,300
'
33%
100
20
32
7%
I
.
18%
53%
'42%
40%
128
-66
118
7%
42%
18%
/ 53
37:/
'
53
►117
11%
1507/s
140%
53
25
/ 65%
66 V2
140%
11,800
96
33%
100%
19%
65 -J
297/a
18%
150%
,
17,200
•'/•/'/ 80
"
33%
'
36
36
*100
*50%
No par
64%
1
33%
10
"
150%
,64%
118
6%
64
33
52%
*117
42 %
97
/
*85%
6%
'
53%
42
91
140
118
7%
42
64%
28%
21%
*127
128%
'■
f
21%
37
128%
64!4
*6%
28 Va
37%
*18%
'
33
143 I',"
*24%
'
18%
64%
*85%
*37
1
\.
128%
140%
*94
37%
22
18%
65%
*7%
25%
21%
*127%
65
'-42"
28%
:
,
18%
140%
53%
*53
28%
*24%
:
25%
22
128%
65y«
*'116%
28%
2,700
14
18
•
145%
33
140
*140%
;
■
33
142
*17%
18%
150%
'
27%
33
*138
< *127%
130
*17%
145 »A
33
36%
36%
;
140
/
25
22%
145%
7,900
2,000
175
11
40%
145%
900
••
88
29%
.
40%
5
Corp—
Mining—
18
53
24%
/
.»
18
52%
27%
New
No par
Anchor Hock Glass Corp com.. 12.50
$4 preferred
No par
101%
100
•
18
40%
*22
Copper Mining..——50
Wire & Cable
18
300
8
96
•
51%
33
_1
Anaconda
30% May
10%
200
'
*39%
■
common—No par
& Smelt
95%
10%
,/
.
'78%
13%
29%
95%
10%
40
140
—100
Lead
:/ 29%
95 V2
10%
52
33
5
i.
29%
95
51%
140
prior preference—No par
Zinc
Amer
9
Jan
Jan
69%
May
'
Woolen
28%
*39%
/;
.100
Preferred
*13
33
Corp common—14
American
18
^136
100
Viscose
18%
17%
18
;.
*170
513A
25
;
—
preferred-
5%
30
5% May
common
10%
14 VB
175
39 %
_5
Bi„25
.94%
13%
*170
39'A
-r100
Am Waterworks Co Inc
9
•
Tobacco
Common class
S%
preferred
American
13
7% Jan
,
29%
94%
10%
176
51%
;
—100
American Tel & Tel Co
28%
*10%
95
10%
13%
172
52
100
Tobacco
8,
27
,
Sumatra
28%
94
/
//
40
—No par
J;
"28%
*
10%
*145
Co—_—No par
Preferred
78
*39 %
Foundries—No par
—
88
78%
13%
*51%
—100
American Sugar Refg common
6
Jan
Steel
88
78
13%
is
25
common-.
preferred-
9
50%
Jan
Snuff
non-cum
12
110%
6ft %
<
6%
24 % Jan
May
90
,
American
26
26 % Jan
Feb
•
34% Jan
140
87%
: 77%
86%
78%
400
8%
31 Va
77/a
-
300
/;/
129
8'A
31
'
86%
78%
87
13%
95
;
•
31%
8
78 %
28%
*128
8%
31'%'
490
26%
77/a
87
176
132
*8%
:
.
26%
1,100
7%
7%
13%
176
18%
//;.
for
Shares
83
7%
7%
78%
10%
*128
8%
31%
87%
*94
—100
:
29 % Jan
18
1633A July
Oct
Preferred
131
8%
31%
13%
28%
conv
30
128
Feb
843A
2
Rolling Mill com
—10
preferred
__100
Safety Razor
;—5
American Seating Co
No par
Amer Ship Building Co
No par
Am Smelt & Refg common..No par
9
129
7%
*18
..
27%
8%
the Week
*82
>26%
78 %
;
18%
83
26%
87%
180
i
26%
133/a
*176
18
83
,
Sales
Jan. 30
77/8
78%
180
Friday
*7%
88
*175
American
26
35% Jan
Feb
82%
Jan
7%
600
$ per share
7%
31%
*31
7%
7%
18%
83
13%
American
4%%
8%
313A
7,700
102%
$ per share
i
7%
78 %
.
—100
20
Dec
1743A
56 % Jan
Preferred
Jan
24
Jan
Oct :
20
40% Jan
151
14
*87
No par
27% Jan
283/4 July
29 %
23
101
No par
7%
131
8%
>
17%
131
900
22%
102%
/
Jan. 29
83
;
*26%
26%
31%
17%
15%
21%
103%
Thursday
$ per share
■,/ 7%.;/
27 'A
1,300
PRICES
Jan. 28
83
*7%
132
*8%
32
7% i
,
26%
*131
83/8
*31
No par
com
26%
132
*8%
'
San'y com—No par
'21 / Jan
Feb
37
>
Dec
26%
Oct
Dec
158
Apr.
7%
5
22
70%
Dec
41% May
32% Jan
Jan
1
preferred
Amer Rad <fe St
27
v'10% Jan
Oct
xll6%
2C
92
Jan
Feb
Apr
62
4>1 %
135
28 % Jan
176
Feb
172
;i49% Jun
';
28
223A
May
18%
Ja^i
Feb
May.
116
172
Light
*26%
*131
No par
preferred
$5
9
14% Jan
Co
Co—
<fc
$6
95 % Jan
Jun
V ,34
6'% Jan
16%
Jun
21
24
37%
Dec-
23%
7% Jan
Feb
23
25% May
}
News
28
Dec
32
136%
Molasses
Power
Amer
109%
Dec
83
8
American
22
48% May
142
17%
83
*7%
American
13% Jan
Jun
34
f
18%
*82%
8
8% Jan
86% Jan
15% May
*17%
83
*7%
32 3/4 Jan
186
May
18%
*81 %
5
*77% Jan
9% Aug,
*17%
100
23
Jan
Jan
Feb
24% May'/,
<fc
700
11%
15
14%
7,400
95
11%
22%
'
*102%
1,900
6%
*85
11%
14%
;
•
/
23%
6%
/
300
6%
53%
23%
6%
95
11%
14%
22
6%
*52
23%
6%
Wednesday
$ per share
$ per share
Metals—_No par
preferred—^
8% Jan
31
$ per share
American Metals Co Ltd cora.No par
6%
preferred
100
28% Jan
132
Par
di Fdy Co com—No par
cum
2
Feb
117%
99
3.907#
Feb
129%
Dec
113/4 May
Dec
Amer Mach
Amer Machine
17
Dec'
76%
•
2
8% Jan
23
Feb
85
170
Jan
84% Jan
13
26% Jan
Feb
16%
Dec
20
2
7% Jan
/
.
128% Jan
July
39%
22
$ per share
81% Jan
'?
Feb
32% July
147
,
23 % May ~
7
17% Jan
Sep
Jan
153/4
.
I per share
6%
56
*85
103%
•/••/
39
6%
11%
22
86%
1,500
7%
6%
*14 Va
2%
73%
*52
100
103%
86
500
2,400
77/a
23%
*11%
14 Va
SOO
:
■
75%
*
$ per share
'
1,100
6%
7%
6%
*6%
Jan. 27
,
16%
*5%
;
* 73 %
v
55%
*90
Tuesday
,
Jan. 26
3,200
27%
6%
8
23%
6%
22%
Monday
;
Jan. 24
8,500
104%
27
2%
6%
103'A
LOW
•
Saturday
37%
104
;
2%
*52
23%
1
37%
•;
28%
2%
95
21%
,800
89
2%
7%
55%
*102%
103
18
f 88
17
39
11%
600
*17%
•
15%
*38%
6%
1,300
18
16%
86
6%
23%
47%
18
900
•
15%
38%
*90
400
47%
.
38%
*15
75
6%
95,
<
11%
11%
*102% 103%
23%
*6%
*85 -
21%
105%
16%
*73
r
300
21%
16%
8%
*6%
1,100
/
16%
74%
*53
99
2%
86%
38%
6%
640
41%
V
-
6
.
171
V
16
7%
56
23%
6%
6
16
74%
38%
6%
*52
y,2l %
•••''• "v
■'
STOCK
8
*38
95
;11%
EXCHANGE
86
75%
23%
*6%
LilW.
STOCKS '
NEW
7%
6%
*90
commoh^s.^-1
preferred——i.
2%
*74%
55
23%
1
7%
♦57/a /:.
*15
16% f 16%
2 %
2%
87
38%
*52
No par
*2%
75
6%
:—50
preferred——100
Locomotive
v
16%
6%
4,200
*104%
105
*27%
4,500
'*■
99/
89
*87
a6
600
'
•.
4%:
41
47%
18'%
103 %
*14%
1,100
80
169 %
105 %
;
*5%.
16
4%
21%
104%
,
277;,,27%
■.
75%,
87
88
7%
10
Co
5%
2 %
*87
American International Corp_No par
Amenban Invest Co of 111—io—l
Range since Jan. 1 <
Highest
;
SS
"v
''6
75
common
non-cum
Lowest
Highest
17%
300
-
40
106%
79
^00%
37%
103
27.
*14%
—No par
preferred
; •:
Year 1947
37%
15%
Hide & Leather com—^..1
conv
6
Range for Previous
Lowest
6%
8
105%
102%
27
*5%
—No par
American Hawaiian
x34 %
22% July
90
7
5
5
21%
104'A
17%
37%
*14%
Inc__40c
preferred——.
5
Jan
*21%
*87
102 y4
,
;
1
-No par
Jan
22
53
55
27%
Foreign Power com__No par
Jan
20
,6% Jan
9%
Jan,
37%
102 %
27'A
21%
104%
89
No par
preferred
7% Jan
37% Jan
Oct
Jun
42%
July
5% May
49
Lines
$7 2nd preferred A
$6
37 V*
102 %
*■'"
—100
21%
17%
17%
*86
*99
v
13
Feb
89
20
6% Jan
6%
17%
*86
com——10
Co
•?;
3% May
*17%
100
preferred series A
American
30% Jan
42%
*17%
com
800
2,700
/.• :
30
.
11
-
105%
170%
41%
99
*47%
Crystal Sugar
prior preferred
American
40'A Jan
106
169'A
41%
18'A
"
10
American
88% Jan
169 %
99
48
No par
57%
40
41%
41%
100
25,800
'
104%
106
n
40%
105%
4%
18
—
*104%
57 Va
11%
40%
105%
'
8%v
79%
47
Colortype Co
5
*11
40
4%
17%
Chicle Co
American
//
64
79%
48%
American
5
22
21%
21%-
64
4%
17%,
13
19 % Jan
Jan
21%
21%
21%
64
78%
48%
50% Jan
26
17% Jan
♦98
COO
21
(64
168 %
169
*41
98
1,900
"
78%
.
18 %
27
88
168
41
98
m
57%
.
4%
•
49
Jan
17% Jan
Feb
168%
*40%
4%
79
9L%
20%
•3
105%
*17%
47
Feb
Mar
4%
78%
.
v
11
11
39%
>105
94%
49%
1
49%
8%
64
*48 %
Aug
26%
24
4%
168
39%
100
10%
40'A
105%
3,300
50
57%
20%
*63
106
56
102
168%
10%
105%
79
20
64
58
*104%
Sep
Dec
4%
78%
57
•
90%
40
105%
4%
39%
*98
11
40
39%
""8%
94
49%
8%
100
Oct?
Dec
*168
'
100
—.
19
18%
*10%
79%
r'
19%
*63
49%
7%
300
5%
5%
*47
50
93 V2
49%
"
2;>%
*28
.
5%
*47%
:93'
91
56
5%
50
*21%
47%
88
4%
'
5%
♦47,
8
56
64
*105
50
Inc..—No par
preferred
conv
11
39%
**78
20
*63
105%
*46
55
19%
64
39%
100
49%
7%
5%
92
49%
7%
55
105%
1
-
92
49'A
7%
19%
*10%
25
94%
49%
*
56
19%
5%
*92%
77/a
*63
5%
50
49%
7%
*54%
;
—100
preferred-
&
94%
*48%
.;
10
American Car & Fdry com—No par
Chain
28
"5%
'5%
*46
50
*92%
-
50
common
non-cum
28
5%
*47
,•
coni—No par
preferred—
conv
100
Preferred
8
Jan
36
Sep
_1
i
Corp—
Shoe
Braka
5%
.
Corp.
No par
Chemical-No par '
——
Bosch
11% Jan
39% Jan
23%
"
common
preferred
105% Jan
"*23
"
50
3V*cum conv preferred
American Bank Note common
94
105% July
Petroleum
Agricultural
Nov
Feb
No par
com—1
preferred—
American Airlines
Feb
17%
Dec
Alpha Portland Cement
Leather Co Inc
Amalgam
19%
.
*9%
*4%
31%
10
-
4%
32
19%
*93/4
37
37%
37%
100
*99
100
51
*50
51
20%
10%
20%
9% ~
*37
100
:
20%
*5*0
21
38 %
101
90
51
" 21%
5,700
9%
*9%
10%
200
4%
4%
*4%
4%
*4%
47/a
100
31%
31%
-31%
31%
31%
31%
For footnotes see page 24
==±
13
14
THE, COMMERCIAL
(554)
NEW
FINANCIAL
YORK
•'
.
&
STOCK
Year
Lowest
Highest
$ per share
$ per share
974 May
15%
130'/a
$ per share
•13% Jan
Oct
Dec
Jan
103
38'A
104
YORK
STOCK
V
■
Jan
:
'
y.>
r'->
LOW
Monday
Par
Jan.20
Jan. 27
"$per share
u
.
$ per share
■»,
$ per share
14% Jan
8
Armour
,5
13%
13%
13%
13%
Jan
9
prior ,prefei r-ed__i_No par
Armstrong Cork" Co com____No par
♦104%
105%
♦104%
105%
42%
43 Vt
106
6
27
49 % Jan
Co
&
Illinois
of
com
SALE
HIGn
AND
Tuesday
Saturday
EXCHANGE
$ per share
...
19
Jan
42'A Jan
Jan
55
Jun
NEW
Range since Jan. 1
Lowest
Highest
1947
RECORD
'V1
"
■
STOCKS
Previous
Monday, February 2, 1943
•
•-'
Range for
CHRONICLE
7
H
1
.
Wednesday
{Thursday
$ per share
Jan. 30
$ per share
far
Sales
Friday
Jan.39
•
Jan. 38
13%
13%
*V
PRICES
i
the Week
Shares
$ per share
13%
13 74
13%
13%
13%
13%
7 *104%
104%
*104%
1057a
104%
104%
;t
■
■
10,400
/
'
•$6 conv
5
43 Va
,43%:
104% •104% '•
.
43'A
42%
43
44
45
44
88
43%
89%
88%
%
,.y
.
45.
4ao
•
?
-1
•■
2,800
.
"
91 y4
110
Feb
19
Dec
Jan
88
-94 V» Jan
29
5
Jan
14 Vi Jan
10
10% May
17%
Feb
.13% Jan
22
157/8 Jan
5
137/a
20%
Feb
13% Jan
26
15>A Jan
29
14
Sep
Dec
Dec
99
10d
Feb
132'/2
Dec
99
14% Jan
108
23
Jan
20
6%
Feb
134
34
98 V» Jan
28
•102% Jan
12
Jan
5
28% Jan
12
25
Dec
Sep
26
66
May
99
Jan
90'A Jan
19
97 % Jan
5
x98
Dec
112
Feb
997/8 Jan
29
101 Va Jan
12
14
18%
Feb
<14%,dan 22
17
Jan
2
A
40 % May
59
Feb
.47
50% Jan
2
Atlantic
23 %
34%
Feb
39% Jan
28
Jan
22
T
♦103 %
100
!_1Q0
Co
Santa
89 3 a
89 %
89'A
♦14% •■•14%
"13%
-14
•
105 "...
10
-09%
100
♦26%
27%
♦27
V?
91
91
,99
.89
100%
*14'/a
14%
14%
14%
♦47
48%
47%
47%
1
♦31
32%
32-',4
35
♦67
••
15%
14%
103
.
103
105
:.v:>
*26%
x91%
J.00 V2
.100
-
.14%
99
98%
93
91¥b
100%
10
13 3A
•14%
27
26'%
91%
100%
14%
•13%
104
27%
91%
100%
100
_
14 3A
13%
-14%
*•14-'A
14
104
■
13%
r-' 14 VB
137b:
.
•
89%
1,560
*14%
14%
13%
200
133A
15 Va
••
.
103 %
-
89
15%
103
■
f
1,300
7
j-
,
6,700
200
103
5
:
'
*99%
__1G0
_
89 %
*14% >14%
.
>13%
103 '
.%*■"; tJ
89
>'•>■ -13%
13%
13%
J
105
400
com__100
Fe
Inc
F
89%
'
preferred
10 % May
89%
_
___i
Investment
Topeka &
75%
14
♦13%
preferred
preferred.
2d
Atch
15
♦13%
_
__
Goods
Dry
Associates
r
♦14%
No par
common___l
Corp.
1st
•7%
___.._No par
Corp__
5
Constable
Artloom
Associated
17
Jan
preferred
■4S3.75
.Arnold
27
143i
26%
92%
92%
100 VB
100
>99 %.>»•'
*98%
>'
997/B
27-Va
'
100%
■•15%
16
49
49%
39 3 4
37%
38%:
1,800
16%
3,700
49%
167/B
48
14%
100%
16%
100
i
6,900
94
93
350
1,200
27 3A
27%
■
94%
:7r'7-
99%
99%
.49%
3,100
s
\
Jun
77
25% Jan
Mar
/
68
Jan
22
32% Jan
28
Sep
104% Jan
30
91% Jan
27
97
21'A Jan
22
>57 % Jan
Nov
113%
91
Dec
'68
•105
21% May
Apr
73
121
27%
Jan
.6
22% Jan
2
64
Jan
9
114
Jan
9
20
20
Atlas
7% Jan
29
Austin
-Jan
26
13 % Jan
9
22
19
Jan
10
19'A Jan
•8
5% Jan
29
Jan
7
Dec
29%
Jan
15 Vt
Dec
27%
Jan
7%
Feb
4% Jan
19
Feb
35% Jan
22
16
Dec
:>67
75
33%
33%
92
35%
37
*67
77
>47
33%
105 %
105%
92%
91 %
21%
21%
21%
21%
106
'37%
,
77
33%
92
21%
B
48
92
_1_100
series
$3.75
47%
105'A
106
13
24% Feb
6
-
38
!.—___
5
,
No par
♦59 %
61
60
33
♦111%
113
112
Tack
112
*■68%
1
32%
337/B
33%
337k
105%
104%
105%
92
91%
91%
P2.%
92%
-91%
21%
21%
21%
21%
21%
21%
58
58
<
327k
?■
■
/
5,800
"
—-
I
.■
13,900
33%
104%
.
.
77
*71%
77
*71
77
38
36%
105%
33 Vb"
106 %
♦24
26
♦24
No par
6
♦13
13%
13
13
5c
♦16%
17
16%
Amer___5
♦18'A
18%
prior pfd ($1.20)
Autocar Co__
_!_•
_
Avco
Canteen Co
of
-•>
.6 .■■»
4%
(The) common—3
preferred-.
No par 1
conv
26
.6 •:"■ 7 "°
♦57,B
♦18
r
4%
*36%
37%
Mfg Corp
$2.25
26
16%-
__
common-,
Conv
Automatic
5)
112
*24
No par
-58
112
-No par
Corp
Nichols
■"
60
100
preferred_i_^
conv
24 % Jan
Jan
17'/a
Dec
_
f
':v*:
'
common___l__25
Atlas Powder common—
6
•6
Fdb
13
common
-
preference series A__10o
Corp
4%
18%
49
No par
preferred
Refining
Preferred
22
Dec
Dec
Lines
I SS
conv
Atlas
28
13
4% May
4%
RR
Line
non-cum
Atlantic
16 Va Jan
46% Jan
Feb
36 Va
5%
2
13
Jan
111
Jan
12%
5% May-
38% Jan
107% Jan
i
& W
G
24% Jan
July
22 % Mar
Atl
Coast
,940
105
1
510
92%
'
July
Dec
57
6
Dec
•
40
Apr
105
111'/a
22
Aug
26% July
Jan
62
31 l/a
Jan
>112
*24
26
->
6e%
112
,111%
*24
14%
16%
16%
16%
17
■■■,;; is
5 %'v"
\ v5 Vb
'37%. •
*37%
18
18%
4%
4%
47b
36%
36%
36.%
♦13%
•■•>>;"■ 5'
14%
:
28
(
•
3,100
100
■
j.
2,100
,17 *■.£:■
16%
■■?
'
7%
14%
*•13%
•
130
y
'
18%
♦is;
37%
5
6VB
.7
111
7
7%
*13%
6
i
640
59
-
024
26
6VB
13%
16%
«18
59
111
■
*•12%
6
6
*12%
'
■
57 %"
♦HI
13%
7:
16%.
18 34
v
1,900
22
;:
•
,
36%
v
>
>
7
.38
37'.%
.
■'
t
26.600
57k
5VB
5%
38%
■
300
18%
*17%
)
1,400
;■
B
13% :Jan
May
10
Babbitt
(B
Locomotive
21
15% Jan
9
Baldwin
16%
Feb
■10% Jan 22
13 Vs Jan
2
Baltimore
11 Va May
25%
Feb
17% Jan 19
20% Jan
5
16 Va
9% May
18
15
Jan
Jan
,;5
63 % Jan
Jan
22
51 % Jan
10
28Va July
22% Jan
24
24'A Jan
9
T)
-—1
Inc.—
♦14
Works—.—13
14
:
14
11
.11
11'A
_j._..100
17%
17%
17%
18
♦14%
_—10
22'A
Brothers
common
"14%:.
VB
15
♦14%
63
♦62
♦45%
"46
14'A
14%
11%
11%
12
;i8
63
46
14%
18%
18
22%
14%
11%
12
18%
18%
18'A
18%
15 %
♦14%
15
♦14%
63
♦.62 %
45%
♦45%
22%
♦22%
23%
.22 %
♦44
44
{400
15
62%
■62
46 VB
46/
22%
'
5,700
15
15'A
62%
46
6,400
14.COO
46
22%
23 Vb
23%
'42%
44%
63
.'45 Va
2,100
14%
14%
18%
VB
46-
22'A
14
14%
12 VB
14%
42 ;
♦62%
V
14%
14%
14%
1.4'A
14 VB
.11 VB
15
♦62
-5%
Barber Asphalt
Barker
14
14%
Aroostook common—50
preferred
100
Corp (>Delaware)_l0
&
Conv.
14%
14'A
11
Ohio .common.... 100
*k
preferred
Bangor
'9
45
55%
May
4%
2
61
Jan
69
Dec
.42%
14% Jan 12
Feb
Feb
Jan
.60
Jan
14% Jan
7% May
43%
14
5
23 Vs.
20
63
1,500
46%
•
.800
■;
'
45%
Dec
54%
Jan
44
Jan
10
44% Jan
5
20%
Apr
39%
Dec
32
Jan
19
37% Jan
2
BarnsdalD-Oil
87/a
Dec
19%
Feb
9% Jan
.16
11 'A Jan
e
Bath
Jun
24%
Nov
20% Jan
27
23 % Jan
2
Bayuk Cigars Inc__:
•35%
Dec
62
Jan
34% Jan
27
33
7
Beatrice
,83%
D6c
17%
Dec
>18
>
% .-preferred
4 %
♦44
____50
Co—i.—_______—5
'Works
Iron
Corp
♦44
44%
44
44
33%
34%
34%
36
10 Va
10%
10'/«
.10'A
10%
20%
21
20%
20%
21%
21'A
34%
'44%;
35
3.4%
35%
87 -/J#
*35%
3574
86
86
♦177 a
18
*17
18
*95 %
96
32%
33
33
33%
10
—1
10
10
10 Vs
9%
21 VB
21 VB
No par
♦21 Va
'21%
25
35%
357k
♦44
33%
33
44%
'
'10
36
9%
12,700
10
35:
3,000
boo
21'A
2 DA
'
'
110%
Jan
108 %
Jan
29
90
Jan
8
26
18% Jan
5
Beaunit
.'5
Feb
95' % Jan
12
,Jan
.•8% Jan
12
Dec
40
Feb
31
21
Dec
29
Foods
3%%
17% Jan
86
20% Aug
5% May
96'/a
Jan
Jan
100
33
'
common.
Mills,
100
pfd
conv
cum
9
Jan
29
Beech
Aircraft
Jan
12
Beech
Creek
Beck-Shoe 4%'%
*85
2.50
Inc__
Jan
11%
Co
:C..
88
39% Mar
Jun
32%, Jan
37
28
Jan
-5
18%
Oct
15
16% Jail
5
10% May
18'A
Jan
16'/a Jan
13
18% Jan
30
16% May
24 Va
Jan
20
Jan
23
24 % Jan
Beech-Nut
2
12% May
95
Dec
106%
May
39%
Feb
25%
30
94 Va Jan
Aug
28
Jan
22
94 Vb Jan
:13
31
Jan
Bell
8
21% Jan
Bell 'Aircraft
22
Jan
Belding-Heminway
28
-&
4V*%
__
33
*34
preferred^
:—
-
.....5
Nov
18% Jan
22
2
Bendix Home Appliances
28%
Jan
23'/a Jan
20
24% Jan
5
Beneficial
7.7 Va
Dec
103%
Feb
80
Jan
.6
84% Jan
19
24%
Dec
35 Va
Jan
24% Jan
9
Best
&
19%
Apr
32%
Oct
07% Jan
29
31
Jan
9
Best
Foods
32% Jan
22
35
V Jan
30
.17%
Sep
21% May
Dec
150
Jan
133% Jan
28
137%' Jan
% May
66
Feb
53% Jan
23
62'A Jan
8
18%
Jan
13% Jan
2
14% Jan
14
13%
Dec
Co_
10 Vb
33
34
34%
157 k
*1474
*1474
3274
1574
11 Va
34
■110
35
17 Vt
17
17%'
20%
17%
*20
20%
97
*93
28%
.
33 %c
20
20%
19
*94%
28
F7
21
15%
18 Vs
7,100
20 Vt
;
*20
.
21
15
-
19
.19
%
19
~
*9.4%
28%'
28
19 Vb
19'A
28% 1
*94%
2874
2l"A
19 Vb
•2874
1834
19%
2374
24
*83%
85
19 Vb
19
'
96
*94%
97
28 Va
'
28%
15,600
1974
23%
23%
85
247k
23%
*83
'
23%
237b
23 %
85
*83
85
23%
'
£'5
*83
•■
■
24 »A
*84
1,600
85
2474
247k
247k
2474
24%
24%
25
2834
28
28%
28
28%
28
28 Vt
2734
28%
2774
2774
32%
33 Vs
33%
3374
33%
34'A
34 Vb
3474
34%
35
136%
*132%
Bigelow-Sanford
Carpet
Electric
Birmingham
*134
No par
__
54
V
.No par
Co
247k
247 k
2474
24%
2,600
:
100
__L—:
i
j
4,000
24%//;:
''
23%
327b
preferred
|
500
96
28 V2
7%
ir.
800
17%
20 Vt
17%
17%
17%
•■
*1974
...
97
*94%
97
2&Vb
287k
*83
_
__'
;
|
2,400
32%
_
/
>,|
---
1
_
I
7,100 >
33
1574
*15
■
96
♦31
34
34
15%
1574
600
33
33%
.;
:130
18
1074
1174
11'/a
;•■•:■
33
;
'96
96
*95%
11
1074
*31
33
86
86
*17%
.
•
No par
1946.
ser of
10
*31
'
1,500
3574
'
com.jNO par
Loan
Indus
pfd $3.25
95%
■„
87
.
.17%
95%
"
35
BethlehemSteel (E^l)'-newcom No par
9
133%
46
26% Jan
30
Cum
,
33
33%
17
*20%
100
_.
__
17%
•■
10
*31
0
15%
17
10
common.,
Aviation
Bendix
15 %
1
Co
88
*85
;
96
97 k
35
1
_
Corp
Howell
*95 Va
10
*31
10
Packing'Co_-
>
17%
17%
96
>•10//
50
'
30%
88
,
'
*95V2
1 >?
*85
-
35
1774
173A
100
preferred
Corp.
RR
35
14
fe-
■
135
135V2
,54
134
13374
57%
54%
55
55
*13%
14
54 V2
14%
14
14
'.-"7
'
134
135
*14
*133
134
59%'
Vb
•»
>
400
/
136%
61
14%
5874
59
1,400
14%
*5874
14%
4,100
52,800
14%
1474
2,400
!:■
for
•%.
v.
VI
*
Range for Previous
STOCKS
Year 1947
Jan
36
May
.29% Jan
1
NEW
31
Jan
7
Black ■& Decker Mfg Co
x20%
Feb
14
Jan
23
157k Jan
9
Blaw-Knox
13 % May
35 Vb
Nov
24 74 Jan
22
2974 Jan
5
Bliss
May
18%
Dec
28 % May
41 Va
July
29%
Nov
45%
7
23 % Jan
26% Jan
17
30
Bohn
96
12
Bon
48
Jan
2
51
237k Jan
30
Jan
19
26 % Jan
5
Jan
40
Jan
27.
41%, Jan
46
Jan
24
54Vt Jan
5
102
Sep
88
Jan
2
90% Jan
23
4% Jan
29
Class
6 %
Feb
39%
Feb
13%
.7
Jan
7Va Jan
r75
Jan
Borden
8 Va Jan
8
27
30
r,75
Jfin
Feb
974 Jan
13
1074 Jan
i3074 Jan
28
Jan
26
33% Jan
25% Jan
63
Jan
;317k Jan
28
Apr
•83% Jan
109%
Dec
Dec
28% Feb
167k.Jan
36'A
Jan
>30 V2 Jan
28
j95
20 Va
.13
Dec
106 Vb
Apr
Dec
27%
Feb
20%
May *
120
Jan
9
May
69
Dec
„
■25% May
80
Dec
14 Va May
__
3'%%
6
30
1874 Jan
9
;I>82.
>
•.'
,
$3,60
19
22
2
>3474 Jan
22
3674 Jan
2
Jan >6
87% Jan
12
107k Jan
74
16% Jan >19
18
Jan
5
Jan
7
-30% Jan
27
35 Va Jan
,6
21% Jan
5
■.80
Dec
104% Feb
Jan
13
89% Jan
$5
■72
May
Jun
.
Jan
16% vOct
10
Dec
88
Jan
11
Dec
24% fFeb
79
Dec
108% ;Jan
3
Dec
13% May
*94% May,
19
May
6
Feb
22%
104
Oct
5
,88
83% Jan :22
/Jan
88
>6
88
*13'A Jan ,23
0%Jkm
43
.Jan
27
.81
11%. Jan >30
81
:/3
Uan
u
2
Jan £20
{■17% Jan
27
>Jan
98% Jan $15
27% tOct
f25%.Jan 24
3574
:
36
'*35%.
36
2474
25%
32%
33
33
9274
9274
90%
92
48
48%
2474
25
49
>'
4974
4874
48 74
2574
50
25%
24%
25
25'/a
■
25
11,500
33%
130
*47
Apr
„51% Dec
1%
Dec
,6% May'
•21 % May
12% May
110
Dec
Dec
38
18
Dec
-9% May
33%
Nov
/. 34% Dec
x55
„Jan
3% Feb
2
8% Feb
r,
34% VOct
17% Feb
•132
.
Feb
48% Feb
Jan
_
1474 Jan
«
-2
10% Jan
15
86
Jan
30
"1274 Jan
5
89
5
//
,
/
BuHard
Bulova
Co
3V2%
,
Jan
5
Jan
19
■26Vb JJin
22
•13% Jan -16
108% Jan. 13
17%
.17"%
171%
1774
*123
123
123%
*34%
3574
*341/8
*85 %
86%
■78578
*16%
.17%
1674
3574 V86
•/.
1674
*30
Vt
30%
30%
30%
,19%
—1
_
19 Va
19%
19%
86
86
pfd—1C0 ;
5
Co Ipc
:
common—_1
•
-100
preferred
Bu,sh Term Bldg 7%
*84%
86
^100
*8374
>87
l— —-100
_
*83
No par
88
*81
preferred—100
83
*80%
12
U 7k
•♦>1174
15
,
/♦3
3 Va
18
85
2,200
1774
*94
98
20 Vt
/••■ 25 Vi
25%
_No par
*85
86
86
'
*100 -
>
•
*25 V2
101
,85
;
374 •
11874 ,;.
.
-•/..4774
•.:••/•
2674 ji • :
,86
.
3
374
-
.
18 Vt
1874
17'A :.
•
•88
31%
20
84%-.
84%
87
H7/a
*85 '
'
*18 U
/
-26%
...
.
374
•
;?
*31%
;vl9%'
i
,150
36
33% Jan.
53
2
Jan ;17
2% Jan
-2
<7% Jan
2
30 Va Jan. i„-5
14% Jan ?5
115% Jan
;2
30% Jan 16
18% J^n -6
MP%Jan ,22
12'AjJan
47% {Dec
Apr
14% Feb
May
57% Feb
For footnotes see page 24
40% Jan
27
.12% Jan {29
*54% Jap
14
44% Jan
12
-2
12% Jan
«6
54 Va Jan
>5
•♦31%
»5F« ^preferred
CallaHan i3(ne-Lead
——_—50
—
■53%
•:
—1—1
Calumet ifii Hecla Cons-Copper—_5
•
CampbellvW^ C Fdy.l
-jNh.par
Can DrytQinger Ale loom—^.^1^66% i
44.25
oonv
preferred
No par
Canada JBouthern Ry\Coa___i_il00 i
Canadian ;Breweries ,Lfcd_—4Ne par i
Canadian ^Pacific >Ry
—,—
Cannon -Mills
1
iMo par ?'
Capital Admin class A common—1
>#3 preferred A
—i—-—10
2
■2
.
27 ;
.13%- -14
.112%
■38%
<♦17%
/
41
A»41%
77
7
>26V4
,v
112%
2
■2
"
-7
-
■
'31% ,>31%
♦52% "53
'32
-♦52
California Racking common__No par
■
-♦26 ¥2
;.
77
•"31%
■>♦52
.
1874
" x25% -257k/>
32
2
7
--
27
.
x31%
:
■
2074,.
..'9,000
8574
,-/■•■/ ■.■•/;
84%
/..-■: ;% 100
■
88
*84
13%
137k
3,900
:/
'
27% ;27%
-14 VB 7l4Va
VA
12
-P.
.
•
•
*100
:
102
,"■•2574
*38% ,39%.
.*38%
38V'2
18%
*17%
♦18-74
A* 17%
11%
'-10%
:iiVb
10%
42
.♦12
12%
55%
•
♦31
V*
52
2
,//
26%
v.
/
v
;
>i3o>
/
-
;800
>2VB
r-7
-41
.*12
-.♦54%
41
12%
55%
40%
■<*12
w*
: 7-<
-
OTi/0-
-14%
-14% 714%
.114 •"■• 11.4%
:27%
.
27%
♦38%
■39%
'♦•17%
18%
39
28-
,114
v ."39 *,<■:
50
•,6.300
7 VB"
*17%
♦38%
39%
*17.%
H%
11 %
1:
7"
12 Vb
300
18%
2°
'
11%
*40 7k
•
',800
»6j500
r
,114
>11
40%
V 2,000
'28 v
>18%
'
42%
•
>M4 %">•:■ 14%
'
'11 Vb
-*54% ': 55%
.1,500
53%
r2
f2
*14 %
•39%
16%
31%
>52
•>
7VB
••-•
113% ,113%
7IIIV2 ,112%
"
••54%
♦31% V'31%
■52
2
-v-27%.
"714% 714%
112%
|
82
'
112%
\
§
.
",.13%
■
7'/a
•■!'.
■
10
■
*
v7VB
-■
/■
"
70
'
*100; / 102'
>25% >261/4
53
'., 2
:, "*•
>1174
31%
♦52
.'•53%
-
T;
300
•:;>./■
200
-17'A «"•■ /:/.//;: 6001
32
' : '•,
/' 800
84%
88
10
7,100
"
;
85 74
,
85% /•/.
>t13%
.
88
*16%
...
>30
/'•/■
10%
71%/:
974
;
9%
1,800
,/,/:■ ">::,84% >86//* ', '
-260
,11%
>1174
2,200
1
/.
86
86 /:-•••
*85
86 :■//■
,230
:
/
3-/.'' 3% .,••; ■/
3% / 3% : .•',. 1,200
»'19-> :19 -1874 /la ;.-•/. /
/ .1,200
101V2';,'
*100
•84%
«87
.
20%
>84
'
♦35' 74
■
5,300
-
82
86
{r
*3
••
31%
.
*83%
"
71%
'•
,-.
1774
,177k
30%
88
900
123%
9%-
>:/■
3574
*87
/
*123
lO'/a
72
35/>
v
20%//
1174
-
Va
123%
-.
974
*71%
3574
.♦8374
113074 10074:
v26
18%
*123
85%
18.74
-
2074
■'-'/
10
•
—._
20 Va
•/(.}>
71%:/
.1
200
98
«94
20%:
18%
123%
87 /
t
>98
2,500
-
1
20
<18 'A
/
.
20
96%
30%
xl3% •1374
10 >
97a
974
81
96%
96%
17.%
.
-5:
•
■
.
*3074
*83
.1374."'
;.8i
32%
3,600
17%
17
.
O 1174 >1174
T
3274
*83
88
874
32
19%
■
8574
'
1,500
31 %
,84%
*83
•
2774
30%
•/"307k
1
85
.
*83%
,
12 /-
*1774
99%
,18
99%
"85
-—100
,4%% jpaeferred 2_,__
-5 '
Copper & /Ztac____—
Co CA. M) common— -No par
-Barticipatiiig preferred— _—100
Co
20 Va
.13%
974
.:■
30 74
/.
••
31
277k
3074
85%
17 j'-
74
19
>83
374
Byecs
Byi^n 4acitson
1674
30%
•31
1774
*34%
.
'
3,900
.
3L%
"27%
'
-Butte
>2
86
100
27%
*9474
71
i
f
1-
3,000
.
3174
v
■
17%
///.;■ 974
3474
;
1374
974
•
97k
8%
'75
10 Vt
30%
*123
.»>
;/•
88 ■/....•
13 %
13%
.10
3474
lOVt
974
-8Va
*71
96V2
17%
-71% '
*8574
85% ;>
*83
13%
'
.
•
974
7172
:•
72
*83%
10
.
__
common.
9%
72
•
75
i
•
300
30 74
20
123
9%
974
974
>721/2
9
28 > Jan
12?
123
974
•*71 Vt
874
8 74
>,71
100
200
36
*35
y/i
4,600
:>./:'
474
>17 74
,18 Va
100
'
474
•
317k
*94
17%
/
87k
75'
97k
,■
«98
17 Va
93
-35%
*94%
■/:•:
5
7
.12
♦94
*90%
93
35%
27V4
20%
-9
Jan
./
31
47
♦90
317k
1774
;
♦20'A
Jan
.38% Jan 24
il8% Jan £3
50
k
4,900 yvf
8,200 .;• J.-
40%
46%
4%
974
97
1774
•3074
40%
4674
4%
307a
/
32
*94
17%
40%
4%
;27Vt
31%
>
32.
40%
3574
774
..
27%
20%
.
_
10
27";
97
>
*■71
20%
__
^nd
774
<
9174
,
*35
3174
"31
98
;
75
-974
-
♦474
20%
20 74 Jan
102
/
31
*94
..
r75
'
4674
*89%
35%
-
7%
•;/
974
1774
98
'
31%
*30%
♦94
■
■.27.7/4./
32%
*94
97
.31%
/374 Jan
25% Feb
.Feb
■,r; |
;•
2474
46%
40%
46
4%
*3474
•
77
974
*30 Vt
common— ,No par
preferred
Bros
974
v
>7%
73A
•>•
4074
,
8974
*4
20%
common
Burroughs Adding Mach
'Butler
¥
36
♦71
•
8974
-No par
Co
Bush ^Terminal
*34%
-
.
4%
•
*17%
15 ■/
__
conv
*4
7%
.78
*94
-No par
•
3Vi%
92%
7%
974
par -
—
El Corp 3,60 %
Watch
*89%
35%
*71
jNo par
Co
Forge
Niag
46V4
4674
47k
35 Vt'
■
15
common.
preferred
(The)?,Co
40%
*4
_
:
Inc
Burlington Mills- Corp
:A% preferred
>6
15%
11
.
"31 % Jan ;22
52
Jan
5
K
90
48
2374
€
•2474
j-
1,300
91%
;/
^480
*00
■
't
200
36
33%
33%,
93
3,200
2,500
1674
2474
2574
2474
33
2474
2774
36
5.
i
600 i vf.
14%
27%
,
'321/2
.
*14 74
M6
1674
*92'
..
921/2
*89%
preferred
Buffalo
Buff
9
6
Co
7^preferred
Budd
14
{19 'A Jan ;23
•12% May
Shoe
123% Jan
9%. Jan
7074 Jan
22% Feb
05 Va
36
35%
:
46
32%
122'% Jan " 6
Mar
*1574
40
32%
Bucyrus-Erle
38 % Feb
100
16%
4074
32 %
5
Jan
14%
2774"
♦15%
46V4
common...—2.50
Co
1974 Jan
;
1474
27Vt
16
4074
27
21
i84
V
25
31
>1714 Jan
•
100
Co__ 1
Bruns-Balke-Collender
23% Feb
1474
27%
407k
46
'2774
5
(83
1
14 Vi
26%
46%
*4074
5
31%
21% Jan
Nov
15
*27 V*
Dec
37%
25%
*31
28
102 % Apr
*2474
1
_No par
Nov
■125
■
Stratton—:_l
33A% preferred
Brooklyn Union Gas
•.
,
&
> Brown
Jan 14
May
Jun
Bearing
Bristol-Myers
May
84
—:
_
Jan
14
May
Roller
Briggs
■26
80
*4974
/■.. 25 ti
..
Corp common
preferred
cum
96% Jan
5
>
50
Jan
20
14% Feb
> 86% Feb
:
/
50
No par
.
-
-
3074
30
147k
2674
.16
94-n
(The)
Co
2
37
.
2
Jun
93
Airways Inc^
Corp of America- _i
Bridgeport Brass Co
Briggs Manufacturing
>9
Feb
25%
95
Brewing
'2
Feb
:157/b
*94
30
■
*30% /31Va
31
•
Shares
$ per share
,
,
14%
327/4
•No par
29%
share
$ per
share
the Week
Jan. 30
2ft
.
26%
•
24'A
Braniff.
27
18%
>90
351%
3274
A
Inc
Borg-Warner
■
,2
31%
Nov
♦34'%
2374
Bower
Jan
40%
30%
35%;
24%
36
Dec
27
157a
32%
Boston ■& MaineiRR (assented)_100
May
9%
*151/2
2374
_
•s4% Jan * 5
■23 Vb May
30
16
2974
14 Va
2574
$ per
..Jan
•
34 Va Jan -21
Feb
96
Dec
14%
25%
.
32%.
_
1
B
Stores
29%
29%
/
14 %
*34%
■$ per share
,
Sales
-Friday
Thursday
Jan. 28
26
16
No par
.Wednesday
5
.
&
class
Co
2.50
PRICES
SALE
Jan. 27
$ per share
29%
14
*25%
v
HIGH
Tuesday
Brass.. „——5
Co
-Aluminum
Ami
Bond
17
Oct
May
Dec
Jan
55
3 Vb May
Inc
Boeing Airplane
33 % Jan
5
<
—_1
!
Brothers-
6
49%
37% May
Dec
Bloomingdale
2
38% May
7
7
Jan
Feb
81
Jan
Jan
35%
32
37
B0
May
88%
21
*29%
-No par
■
Laughlin
&
"31
■Jan
67
Dec
Jan
Bliss
.5
Co
Feb
116
25
17% Jan
'zl
Co
W)
Jan
59
Dec
15
35
Oct
24'/a
14'/a May
89
15% Jan
(E
$ per share
No par
AND
Monday
-Jan. 26
.
Jan. 24
Par
12 % May
14
Saturday
'/
$ per share
2
LOW
STOCK
YORK
EXCHANGE
Highest
„
$ per share
$ per share
$ per share
25
Range since Jan.
Lowest
Highest
Lowest
42
*12
12%
"12% V12%
♦,12%
12%
*54%
55%
♦55
*55
56%
•"■•
"11%
♦41 '•
42
-'56
•
42 ;--
43
27,200
.
500
100
u-
j
•v-t
,vr
"(
I
Volume 167 'Number 4669
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
(555)
A5
NEW YORK STOCK RECORD
Range for Previous
STOCKS
Year 1047
$ per share
102
#
Nov
27
Dec
12 Vs
'
May
-6
j
105
45
j47
29
10954 Jan
31 % Jan
10
Jap 29
41% Jan
12
Dec
,158%
Jan
",64
49,% May
-Feb
17% May
,
x97
22; •j; 17% jan 754354-Jail ,3"
Carrier>Corp
26
" 7 /-> 7'
23
Dec
:
Dec
xl77,a
Jan
.•No par
5
102
Jan
137
Jaii
18% Jan
2
.Jap
7% Jan
20
,116 *•
9652
Jan
"F eb
102
7954 Jan
Apr
"i 12% Jan
•
14
Jan
6
',7%
16% -Oct,
143(1 Feb
l'%
27
Jap 22
2554 Jan
20
14%
,403/8
8,1 %
3%
Dec
•
H>
Jan
29
100% Jari
20%
Feb
12% Jan
19
1,454 Jan
5''
!Oct
2754 Jan
30
28% Jan
9.
54% Jaii,
42%. Jan
84% Jan
23
455.4 Jari
'
'
102 54 July
554 May
12%
12%
Dec
'
2%
:
Dec
"7
5% "Jan
12% Jan
6
'-10% jftn
6%
G34 May
233/4 May
:
Feb
jail
:
2
454 Jan
'
•
Jari
2
9% Jan
Nov
33 %
Jan
&
May
51
/
.
35
16
19% Jan
35%'Jan
30 54 Jan
2
40
22
33
53% Jan
28
54% Jan :22'r-
22
31% Jan
2,
5
2
2;
6554 Jan
,10%
Dec
15% Feb
Jan
21
454
Nov
Dec
jj6% ;qpt
23
•
29%
Nov
Jan
4
.£2% Mpr
Sep
30
35
57 %
.
Jan
sa
f
96 "
'
Feb
35
19
96
8
1-1 %
May
*
Dec
12% May
'■
23
20%
85
-95
Jun
3.4%
1
Nov
107-
115 %
Dec
'
27%
-
43%
Nov
109
71
Dec
101
10
jan,
LO
Jan
22
Jan
29
85
Jan
Jan
19
37% Jan
105% Jan
6
109
jan
21
31
28%
107
Jan
7 Jan.,-5
72
Jan
4254
Dec
57-
Feb
4254 Jari
H
14%
Dec
24%
Feb
14%
Jan
Jan
7
39% Mar
34
•
Dec
-1.40
Dec
,15.4
Dec
29
19
141'
6554
Jun
=56
May
87.
169
Jan
15
183
Dec
Jan
5Vo
94
Jan
-
Coca-Cola Co
Class
7,
25
jan
2
Collins &
19% Jan
2
Colonial
1554 Jail
2
Colo
1754 Jan
19
18
(The)
*34
IIf
>.'8%
•7*
5
%
cum
Colorado
&
21%
Dec
32%
Jan
23% Jan
6
25 54 Jan
12
Nov
32%
Jan
22% Jan
29
24% Jan
21
10
Apr
12%
Oct
10% Jan
30
1L% Jan
Columbia
Gas
3554 Jan
Columbia
Carbon
Columbia
Pictures
>
'
-36 '4i May
87
1-
Dec
«■:
2% May
48%
66% Jan
3654 Jan
Jan
2
Jan
i' -100:;;
26
24,54 Jan
9
2% Jan
2
254 Jan
5
90
jan
40% Jan
23
95
2
94
Dec
123%
Jan
96% Jan
'■25%
Nov
33%
Jan
2654 Jan
852 May
23% May
1454
Jan
iv
4
-30
Apr
4% May
v
21 *
•
Nov
r
vv
May
.94 54
12
3054 Jan
Feb
454 Jan
27
Feb
2154 Jan
2
X104
jan
22
5% Jan.
23:54 Jan
5
10454 Jan
2'
2
8
Feb
14% Jan
27
1754 jan
10 Va Jail
20
11
2
Jan
43% Jan
13% Jan*
i
Jan
22% Jan
Jan
Jan
16
51
2
j
Dec
e
'854
8%
8%
34%
34 54
*138
142
*138
Feb
8654 Jan
30
90
Jan
14
31
Jan
27
33% Jan
5
95
Dec
96% Jan
29
98
Jan
7
9
May
13%
Feb
1054 Jan
23
55 54
Dec
52
11% Jan
55^ Jan
10
May
,6% May
S/12%
Feb
-55 %
"19 '
Dec
47
Feb
15%.Jan 27
17
Jan
10
5
110% July
'
35
Apr
43
May
1
12%
27%
Jan
854 Jan
23
5454 Jan
193/J».jan 22
24% Jan
55
Qct
Dec
51
Jan
27
53
17%
Oct
14
Jan
6
Feb
45
jan
.20%
F.eb
11
Jan
21
5.1% Dec
,61
Jan
51% Jan -26
>
Dec
55
2
5
2
Jan
6
17 % Jan
8
12% May
<M
1
Jun
•
,Jan 22
,7% Jari 23
88
8854
54
Jan. 36
$ per share
$ per
169
169
169
,6354
13
47
Jan -14
13 54 Jan
-
2
5454 Jan
2
88
-8854
108'A
.173%
10
3,400
3354
9%
10
1554
*33
2,900
9%
2,200
3454
34%
*138
4,000
142
8754
88 %
.30
44%
15%
:
500
>/"/>;
75
*44
9%
34%
142
88%
*42%
•90
■
-
88
1,600
,6254'
431/4
-90
*1300
413/8
.
•
4154
42%
J4 54
1,7%
14%
*1354
14%
135 a
14
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14
13
•'1254
*1254
2454
2454
2454
23%
23
23
23
1054
11
1054
11
.1054
>32
32'.
32%
36%
36%
93%
2154
21%
325a
3654
9354
2154
2%
9954
11%
100
'
2%
10O
2754
27%
32
11%
*64
A 254
2754
2954
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5
954
30
3oy4
5
22%
2238
104 y4
104%
*1454
10%
.4354
14%
*22 54
preferred—Ll___L_r_Np
Par
Nopar
$5.50 preferred
_No par
Continental Can Inc common____20
$3.75 preferred
Nopar
Continental Diamond Fibre
_5
com
Jnsurance_ll_—,_1 j__10
102%
\40
*9454
15
1054
.44
1454
12%
90
32
M
*52
1
5
4754
Corp^Jl—//__14
*15%
series___l_50
CorriOll Dubilier Electric
-Corp__;
Corn Exchange Bank & Tr Co
1
20
96
■12%
Continental Oil ,of Delaware--
com__jlo par
$3 prior ^preferred-!-'
Np par
Copperweld Steel Co common—
5
40
*3154
Continental M6tors__V___:_____J
Cooper-Bessemer Corp
102%
"88
*95
754
*20
*5154
9
30%
*30
>■>> 5
2154
*1054
9754
15
14%
1.454
7,600
1754
18
1754
1754
1,400
14
14%
14%
14
14
170
:1554
1554
16
15
1554
540
1,4
14
14
13%
13%
240
24%
24
24%
23
22%
10%
103/4
1054
31%
15
jl%
52
1,00
1,200
14,100
32%
■1J54
1154
11%
66
6454
6454
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65%
300
37
3.7
37
37
: 37%
37%
1,600
3854
39%
5,900
31%
11%
,
32
3,000
1154
37-54
3754
38%
9354
9354
94
9454
94%
95
22%
2254
22%
22%
2254
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254
25a
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254
2 %
100'/2
9954
2754
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100
100
9954
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•
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30
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2254
22 54
1454
y
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90
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;
23
23
13%
13
34.54
34%
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102
39%
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9754
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47
54 '
53
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560
3954 .:4o
39%
3954
1,300
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95%
110
12%
12%
2,000
86%
86%
400
32%
6,200
39%.
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U54
95%
12%
"/
88
12%
87
87
"
3254
32
3154
98
96%
96%
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11
11
11
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11
53%
53%
5,4
55
54%
500
97
1054.
31%
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•
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7%'
.a;
2254
52
400
'
103
52
1.154
23
.
10254
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52
7,100
;
j 03 54
51
1154
3,200
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.
.
1,500
51%
;i5%;
52
1054
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13%
51
5154
3,300
1054
,V47
14%
23%
52*
47
15%
3454
2154-
1.5
*4554
3,200
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1554
15%
29,600
*3454
47
L7 "
-22 3/8
13%
48.% ■
11%
3,000
3454,
153/4
22%
21
1454
2,000
5
104%
23%
15%
2154
-
2,200
3054
3454
4<7-%
15%
16
8,600
31
*1354
12%
9754
2,100
.
1354
12
>Jj %
;.;v
954
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;
*86
31%
-
2354
1454
95%
89
.
27%
22
10%
95%
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15%
47
96
>2
100'A
5,800
29,800
104
-
104%
10%
39%
88
54
5
22%
:
is
•
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46%
1454
40
^94%
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22
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103
103%
100
30%
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4554
14
•
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54
15 :■
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30%
;4 %
22%
14%
30%
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104 V
104
1454
JO 54
.4454
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22%
104%
954
3054
5
5
2254
104
15
12
5
9%
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■
^
3054
5
2754
9%
3054
3054
10054
27%
27%.
900
'-.
23%
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15
32
2454
23%
10%
37%
^.02%
40%
4054
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1154
1,900
8
14,300
4954
5054
5 0 >■
51 %
1554
1554
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1614
800
23%
24
23%
23%
1,800
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15
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-47
52
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100
900
54%
16
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./ 11%
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3254
.
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'
47
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2454
2354
-11
9354
102
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v
900
32
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37
'•
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52
1454
22%
5254
215s
1.4%
;37%
52
,52
2,600
18%
93%
>454
754'
200
23%
18
22 '
1454
•47
88%
23'/4
18%
23
1154
3654
52%
734
88%
23%
18
54'
22
1054
4.754
88%
23
*1754
89
93%
1054
1654
88%
18%
1454
3254'
36%
*
44
31%
44%
2254
66
3654
4454
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43%
2454
"
37
10414 J0454
14%
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23
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260
2,100
43
4254
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'11
11%
66
'
954
635a
1
13%
'
13%
2454
2314
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Container Gqrp of America com__2o
.- 4%
Hjumulative prefer.red___l_100
14
.13
*2454
100
common
preferred
Solvents
500
63
'1300
14%
-1454
1754
14
Nopar
172%
1721/4
63
*1300
18
18%
*12%
common__No,nar
for
Shares
22%
23
*1354
Co_i
172%
63
the Week
*17%
90
"22%
*17%
*1254
2.50
*169
•
Sales
$ per share
423%
*8(8 %
42%
*89%
common__100
.2.50*
63
*1300
!
k
18
preferred___100
preferred—JOO
No par
Jap. '-it
$ per share
,
170
*6254
*_
'
14%
;.
169%
.6254
Friday
Jun. 30
Thursday
Jan. 28
$ per share
*16854 170
•63%
1754
14 A;
ci A
Wednesday
■
Jan. 27
145 a
Convertible pref 5 %
%
9%
*138
290
'
.___10
.
88
Spesday
169
*1300
3654
Steel
*29
*107
44%
/'
A 3,4 Zt:
345'4
3,100
29%
75
*44
142
40
36
109
293/4
*73%
9
854
*138
83
109
108%
2954
*107
44%
34%
•
$ per share
share
*62%-
37
Continental
854
142
.8854
.
*43 '
35
*138
Monday
37
Continental
30
-75
190
3554
35%
10854 10854
107%
.44%
1754
Coritlnental Baking Co
*29
107%
*7354
3454
142
35
.
108%
73 54
.854
3454
3454
88
.
133/4
-44
jj% May
r -12% Apr
854
"
2254
14
*81
36
33%
2254
Jan
*160
80
33
*34"
:
190
80
33%
*13%
1354 Jan 17
*160
85
35%
108%
29%
190
85
35%
33
135*
98
"700
3254
23%
**■
31%
31
35
13
31%
3254
*"13 54
11% Jan
31V2
32 "
"34
9p'A Jan 21
31
.i
3254
Consumers Power Co com____No par
.20% Feb
106% Apr
6,000
*32
Consolidated Retail Stores Inc_/__1
'"
18%
( 108 54
■
80
18%
1554
A107
800
18%
31
*160
108%
9%
80
18
1554
11%
$4.50
*B%
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•/"
1554
16
-5
1.6Q0
'
9%
80
1554
66
12
-
700
:
1854
*30%
36
108
29%
•-•
15 %
15
Jan
31
*78
5,500
30%
15%
Jan
'
•
14 %
19
4254 Jan
1854
18%'
58%
954
80
3954
30 3/b
l|)Va
14
44%
Dec
*30
-9
*77 :
2154
38 Va
30%
15%
3554 Jan
104 % Jply
••
18%
17%
Consolidated Yultee Aircraft-1
Consql RR ,qf .-Cuba 6% p'fd_____100
105
9
2154
38%
1554
-2'1
2
80
22%
*>15
<6
22
30%
*43
Jan
38% Jan
3754
30V2
,42:,.4
Jan
100% Jan
22
37%
3054
8,200
96,0p0
18
99%
4'2 •'4
13
Feb '
22%
37:%
30 y2
27,500
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98
*94%
44%
'
33
.48
*2154
3754
73%
Feb
jl454 Feb
2154
'
A
32
2.154
3654
2954
.-38% Feb
19%
A
98
175a
2554 jan
26
A
*9454
14%
Electric
Credit
l'e
96
20
Consolidated Grocers\C!orp___j.-33y»
Consolidated Laundries
.Corp-l—^-S
Consolidated Natural Ggs____*
15
2
15% Jan
24
24%
par
.___
6
Feb
30
•
Dec
•
Jan
1754 Mar
:
Dec
,94
3054
'
30';
54%
••
32 % May
".11%
Feb
12
__
15%
■■
.12% May
Dec
'
31% Jan
20 54
,30
,9954' Dec
22
108% -Mar
,10% Dec
17
2
24%
"354
*1114
$3.60
8
Jan
11
2454
107%
*64
Commercial
9
x28% Jan
29% Jan
29%
{'
19% July
i
10Q54 Jan
2
Nov
7
i
.40 % May
i
2
26
3554
/:
NlO.4% Nov
.
Jan
33 54
"U -1.1% May
•j
9
24 %
36
LOW AND HIGH SALE PRICES
Commercial
'
2454
*34
36
/
*73 54
.
Saturday
$4.25 cum preferred .w w__No par
Columbus & Southern Ohio Elec__10
17
21% Jan
23%
*3,4
JO,7%
v
•
____Np par
Commonw'th ,& South, cqm.-No par*
$6 preferred series___L
LNppar
Commonwealth Edison ,Co_____ —.25
Conde-Nast Publishing Inc___Nopar
Congolepm-Nairn Inc__LJ_
[Noj?ar
Consolidated Cigar___i—... .Nopar
Consolidated Qoppermines Corp___5
Consol Edison of N Y
Qom.jNo par
$5 .preferred
,"_No par
6
9
5954
23%
108
Jan. *4
Columbia Broad Sys Inc
Class B
1254 Jan
38;% Jain
Oct
7 4
,
23
29
26
115% Feb
-26% July
■'
!
20% May
115/« Jan
64% Jan
5854
108
STOCjC
Southern
21%
36% Jan
5 9 54'
108
preferred
conv
1st
•
59 54
*10754
common.No par
2nd
Feb
%
.90
F)iel & Iron Corp cqm__Np
non-cum
Feb
59
.190
*29
1,400
36
-
3054
190 '
2954
4%
58
.80
3054
1Q8 54
600
'4%
*34
183/4
*2854
16%
69
9
1854
100
1154
4%
454
23,000
1154
*16%
.
36
83
1854
*10654
A
30
*8%
2154
23 y4
non-runi
Mar
4%
*94%
90
4%
2254
4%
A
2254
4%
50
4%
n
8954
9
;/ ,86
17
48%
*11
.58
98 %
36,200
"49 %~ "50%
1154
12
2354
*17%
9
Dec
4954
*11
*16%
24
*80
100
*34
17%
1554 Jan
17% Jan
Dec
48
12
16%
4
36
1,900
54
2954
29%
4,800
16%
,58%
*9454
29%
1754
454
2354
16.54 Jan
Dec
•
88%
*1.7
All
%
17 Vz
5
11%
12
*2354
,'6
63
.4754
>7
No par
13% Jan
36
*53
36
-No par
12% Jan'
29
•541%
Inc___,_4.^__^____y.5
Feb
3154 Jan
*53
*8a^
Aikman
Mills
Feb
Aug
4.1Q0
32
*16P-
preferred
9
39%
7,800
395a
32
90
Internat
17'A
30% May
18%
38 %
3254
^4
.88
1654
.
v; 1754
39%
32
16 54
*1300
22
.8 ". May
1854
383%
31%
36
*62%
23
9% May
•
18
3854
31
4654
9
No par
28
Jan
1854
37%
*11
:
;83
Corp____No par
Colgate-Pahnolive-Peet com__No par
17% Jan
2
18
38 A
31%
36
A
13% Jan
Jan
18%
31%
*80
Par
22% Jan
12
1754
37%
*160
.
12,600
'
36
____10O
35
■;
85
com______l
1,500
11,900
31
-'No par
Co
3,200
9
.9
37
36
*
•'
.18%
STOCKS
.
Oct
■.
5 34%
190
j.
m
Oct
Feb
3454
35%
2nd
cum
Feb
Feb
34%
4
No par
18
17%
34%
33
x4,7 54
*4254
22%
2054
954
85
Climax Molybdenum,..^-
46
May
8%
46% i. 48%
47%
75
Dec
8
.9%
67%
*73
Aug
May
16% May
•854
33%
66 5 a
'*160
,preferrpd_^_"___'_//_
18
r
•954
3354
par
„_l00
.___
Illuminating com__No
Graph Bronze
5%
23%
r
8%
67%
St Louis Ry ,Co com___i0ft
preferred
$3.50
12
9%
29%
32
preferred
Clev
4554 Jan :-2;
29
5%
53%
*30
Clove jj-Pitts-RR, Co
:7f/;g^d__(-j.50
Special gtd A % 'stqck^______l_50
2
23
9%
V554
2854
^T_____20
5%
9%
554
31'
Co__
9%
9
*5%
31
Equipment
13,000
8%
.5%
•>9
53%
18%
41,300
554
29%
68
,9
12%
"15%
"954
54%
*80'
900
1554
.854
55;4
33
10,700
* 654
.
554
.
600
43%
91
1154
71/4 ;
854
3054
preferred—•
27%
.43
15%
2154
22
Jan
r?-'15%
.28%
.£754
EXCHANGE
41% Jan
-.7%
16
36%
NEW FORK
88%
1154
•7 .'
1554
31
Coca-Cola
105% July
11%
.6%
>15%
37
4^
Jan
11%
6%
14%
*53%
j8
j
Preferred
63% Jan
1054
6%
22
Elec
$ per share
23
6254 Jan
Jan
11%
2754
*88
1454
3654
$4.50
1155 1 May
May
33
.
191% Nov
May
x61%
1140
113/4
1054
%
*3054
'Highest
$ per share
3.600
*2154
■:
$ per share
share
2,600
9%
/■; '9
28%
'
%$ per
5%
954
99 Va
&
preferred
iRanjge.slnce Jan. ,1
Lowest
Highest *
5
*9454
142%'Jan
91% jan
Year 1947
5%
9%
r_________.lC0
,
-Range for Previous
Lowest
5%
9%
23%
&
Cleve Elec
36% Jan
jan
87% Jan 30
5%
9%
2354
Clark
10% Jan
140
Feb
91%
5
9%
23%
5-54%
35% Jan
34% Jan
48% Mar
•■
Dec
89/
2-7
26
454
954
*53
•
17
Jail
31
4%
454
cora____8 50
Gas
■/CityjBfiores
13
8% Jan
Mav
90
Milling Machine Co___10
I T Financial
Corp_/'_r____Np<par
City Iqe & Fuel____^4--—44iNo par
City jnvesting Co cbmipqiT____/;
5
'
32.
43 %
88%
5454
Clinton Industries Inc_^__'__/_*____l
Clopay .Corp______ '_____
1
Cluett Peabody & Co coin.
No par
Jan
27%
42%
88%
5754
5
15% Jan
27%
43
88%
5854
C
27
43
28
42%
28%
.*34
_
Cincinnati
14
7354 Jan
28
2854
4
50
500
3054
*54'54
.47
^__25
13
8854
67
__No par
*12%
43%
28 54
_1_100
13 Va
3654
.
30%
*53
ft
600
32%
1754
J8
,3.7.
'
20%
96%
28
57%
.jan 3p
10754 Jan
2
■
30%
1,600
*95
"85,4
5'p
7,200
*1954
96
554
854
1,600
16
2954
9654
.
-854
854
1754
1554
*2854
88%
854
6
13
>
4254
14
-
:.;5%.
37
>'
1354
t
•
*1254
•
9654
1354
•
•8854
1054
6
n%;
32
28
•20
2 >000
954
25%
.42%
454
10%
/'
54
854
:
854
v"4
4%
12
Feb
28
.4254
4%.
54
13
*88
88I/2
Rights" —*
2.4
35
•20%
.1.?%
CC C .&
80
Jun
20%
1954
12
*9
25%
16
2954
3254
Chrysler Corp.
_
.Jan
Mar
'
Jan
1554
29%
-17
Cincinnati
12
>
5,100
'
15%
9414
10%
2554
29%
"
80'%
12
25%
290
*78%
-
A 954
*9"
■
15%
-8%
A
Chile Copper Co
1154
954
'25%
2,600
*954
29%
*5
par
3,300
10
1554
tChilds Co___
9
18% jan 26 :
33 % Jan 10
A_ii_J.
11%
*0%
25%
80%
*78%
10"
29%
6
Co. _No par
1,400
8%
700
•104% -104%
15%
"16%
2
6
.6
30
35% July
Jun
106
1
15
RR
8%
105
29%
1054
preferred___No
Pac
&
1854
8%
*8
15 % '
13%
;r -'8%;
^Nopar
1858
8%
*104
80%
"
1,100
8
3014
•*1-1
7
Jan
•
20
•18%
'/a
15%
8
preferred
Rock Is
8
293/4
*454
conu.Nopar
—40
B—^—_1_—1
18%
•8
•10%
11%
954
2554
20
20
15
Chickasha<CpttonOj_"_/^_r„L__10
9
78
jpqy
\
jan
Jan
15% Jan
Feb
34%
May
40
32
8% Jan
Feb
Mar
<94
78'..
'
26
%
*914
25%
5,600
*'195'a
29%
ex-div__^^100
Chicago Yellow Cab_li______No.par
2254 Jan 7 2
21
RR Co
Preferred series
20
,27
30
111
'$3" convertible
•
>2'
Jan
36 54 Jan
East
Chic Milw. St Paul & ;>P vtc__No par
Series A preferred ,vtcJ/_'l4^i.lOO"
,
37 % May
27% May
(
11
11%
954
190
2554
25%
8
10
98 3.4
131%
•
26
8%
*78%
*275-2'
Preferred series
v
21.
Jan
1054
28%
54. jan ,12
Jan .20
8014
954
.42%
Chic
6
25% Jan
*78%
*98
*130
131%
25%
10354 •104%
4254
6354 jan ,•2.
27
Jan
' jan
104%
"88
•
Jan 12 •.
4% Jan
Jan 2i
Jan. 22
21% Jan
?8
48 % Jan
34% Nov
-
17-54 Jan .12.
23
23% Jan
Feb
111
96 V- Dec
/ 2158 May
.r,
1254
5
28
.
Jan
*104
*12%
15
5054 Jan
1654 Jan
7% Mar
32
68 54 Jan
11
Feb
56%
22
22
,8
98 Va
*130
130 '
*8
13%
Chicago & Northwest com__-;No;Par
5r/o\ preferred
-_'_4ll__/___1^10O
Chicago Pneuniat Toql cpm__Np par
9
45% Jan
•15%
:
12
Jan
54 Jan
•1814
8
8
13%
*2754
Class
15;
July
56
•
Jan
18%
19
8
754
7954
Chic
53% Feb
343/® :De'c
Nov
20%
•
20
■9654
>
28% Jail
1351
20
7954
5
31% Jaii 22
jan.
20
98%
25 %
*94%
&
9914
25
20
Chicago Great West RR Co com.-50
Fe5
38% -Feb
27% Feb»
,
99%
130
25
98
Chicago Corp (The)_—
16
9954
133
*1914
,
9
5% Jan
14,800
*94%
Class A__
2
28
9% Jan
2
854 Jan
,1454
16
2
3,000
25%
19%
Chic
7% Jan 1,4
,Jan 24
-Jan
5854
2514
13
100
58
15
- /
700
•134
2454
Chesapeake $, Qhio Ry ,copinipp.i25
3 %,'<;/ "convertible prefcrred_-._100
-.
133
2,000
25%
98
r iU
136
29%
:
800
4254
58
*1854
1134
11.54
25%
*134
136
>
20
80%
.*9
.
42%
5754
*94 %
14
12
934
25%
44
243/4
',19%
Ow
.preierred
$4.5P
14
9% Jan
,"■:>
12
>9
•*25%
4,300
"
7
25
•
i-
4054
43
42%
24%
11
10%
1654
654
58
130
•
104
*78 %
.
v
1654
*39%
-
7
2454
Checker C'sb :Mfg___^l.
1.25
Chesapeake Cprp of Virginia_^i
5
•9
19
1054
80%
•>
700
600
57%
8
10354
70
29%
38
25
814-
8
>
105%
29%
38
38
58
_No par
vllaiU^ivli
29 '
19
,8% Feb
•
,
Jan
Jan
8
■15% Feb
454 May
854 May
,4 3/4 May
90
,4% Jan
,
Jan
6 51 May
2
-5
10% Jan
>/ 7% Feb
"
__1
:;6-
Jan
9%
►*1154
/
•
.
104%*
-Nopar
.-No par
LUJII- _No par
•8
104%
>78%
_No par
r
5»
96
v
8%.
_:_,o.5o
«
5
17% Jan- 9,
7/33 -',' Jan 1^4 »,:>
22
854
*8
ser_10O
*133
'
*8
.—^_100
13
.
18%
l
id-^_10O
42%
'
,133
93%
18%
Jp,a
v
"
18 %
;
par
:_Np
,Feb
,
Dec
Apr
22
''
100
18%
JL31
*104%
•29%
38
24%
130%
.^No par
131
105 %
*29%
57%
20
305/2
,1051 May
Jan
7
100
13014
1934
* Jan 26
26'/a Jari
"21
2454
20
-
4254
133
57%
•1654
'
24%
*19%
27
Dec
23
Jan
57%
2454
■
'42
....
<
—20
5%
5
110%
"r.X 19% May
100%
Oet
30
4254
134
1654
\i
Shares
"
,
24%
2.654 Jan
14% Jan
% May
40%
1654
.42%
133%
■$ per share
1654
40%
7
24
'
,r:, 11% May
16%
40
7
16
105
106
105%
40
■*654
•
,
24
30
10% Jan
22
21% ;Jan
,
12% Jan
j.
•iG5a
*3814
654
2354
Jaii
80
11
11% Jan
355% Mar
Nov
.
1614
40
16
39 %
654
.100% >10054
"Jan
10454
3854
100
8% Jariv .8
Jaii' '2
,
38%
..No par
X8% Jan 7 7
,
39%
2
18% Jan. 21
27
39%
"5
2054 Jan-
26
29
39%
39
.57%
.57%
2454
.
29
65a
134
$ per share
29
10614
.the Week
Jan.89
29
for
Sales
Friday
Jap.29
$ per share
*106
,41 %
*132
21;
''.
19% Jan
Dec
-•2254
—NO par
2
27% Jan
»954r Dec
'■
—_ilOO
12
23% jan 24
1051
,100%, Dec
7'7% Dec
■4V2 May.
19.,
Jan
lAV# Jan
,75e May
7% Dec
11%
% Jan
22% Feb
,
41%
28 % Jan
22
Jan
.25
Thursday
J^n. 28
29%
1554
-
-
106%
395/2
39%
.'
*654
Wednesday
Jan. 27
$ per share
share
106%
-1534
3954
.
Tuesday
26
.
*29 '
.40
1
an
$ per
29%
■
1554
.——50
138
21% Feb
Dec
•
St
Jan
;___.ao
.common..:
'61
'23
•
*39
9
130: "Jan *22
156
Apr
32% ,Feb
19% May
19%
Jan
*29
Co—
Preferred. Ar,'c .series-;..
general Porp.
2
46% Jaii
f Jan 27
w
Jan
J
1
share
,*106% .107 %
par
Carriers &
Jan
133
jDec
10851
Dec
130
'
'
28%
,
Steel
Jan
r.4'l
Dec
Carpenter
$ per
il00
,_No
Monday
Jap.21
-;.
Par
r
Jan
-'
6%
Saturday
■
.
...
6
2
39
-
YORK STOCK
EXCHANGE
share
Jan
'
132
NEW
*
$ per
Jan
15% Jan
Dct
73/4 Feb
2951. May
Jan. 1
.Highest
38
•2-1% «Oet
Jan
,
2f7%
Jan
50% -Feb
35.3,4 May
>.
•
»,
$ per share
Jan
39 51
•
Lowest
per $}\are
128
Dec
38.
^nge since
.Highest
Lowest
1154
53
52 %
*51
14,300
210
52%
:
14%
...
14%
14%
4554
4554
*4554
46%
1254
125'a
2,70c
*51%
52%
800
1154
12
52
52%
15
.
3,000
.
20
For footnotes seepage 24
1
COMMERCIAL
THE
Monday, February 2, 1948
CHRONICLE
FINANCIAL
&
NEW YORK STOCK RECORD
-
Range for Previous
Year 1947
•
$ per share
Dec
32%
Dec
105%
10o*/4
Dec
Feb
Feb
13% Jan
8
Jun
92
Jan
12
Jan
94
Corn
Jan
8
Jan 12
Jan
28
66
175
Dec
8%
Jan
17C
Jan
4% Jan
2
4%
12
5V4Jan
2
2%
Dec
4%
Jan
2% Jan
6
3Va Jan
26
61%
170
75%
Sep
195
Dec
26% May
40%
Dec
11%
Dec
Dec
97
Jan
13
Oct
12
Jan
27
Jan
16
22 Va
30'/a Jan. 22
Feb
22% Jan
6
Mar
107
97
62
Jan
Aug
30
"•
;
of
Cork
22
44% Jan
21V4 Jan
Jan
23
29
Jan
22
34Va Jan
5
93 Va Jan
20
Jan
27
23% Jan
22
6
5
67% Jan
Jan
31
12% Jan
45
27
93 %
*92%
94
100
25
of
24%
69%
of
Amer
10
100
*12%
Chemical
*81%
Co
&
Deere
&
Lack &
ctfs for
ctfs
West
100
for
20
2
Detroit-Michigan Stove Co
Jan
6
Detroit Steel Corp
10
Jan
2
42
Jan
Jan
Devoe &
Match
Diamond
15
18% Jan
5
16% Jan
5
19 Va
Oct
5
40 Va
Sep
38
Jan
2
Dixie
Oct
53% Jan
8
;
553A
5
Jan
23
Feb
34
'
39%
Oct
.37% Jan
5
21%
Jun
17%.Jan
Jan
56% Jan
29
16
76
42 3A
40% Jan
Oct
14
Jan
9>
Dr.
Pepper Co
$4
68%
/
17%
197
Feb
19
115%
14%
15%
14%
15%
15%
34
34
33 %
50
51
*50 Va
*33% >343/4
;
*20»A
17%
17%
53
53
55
55%
55
15
37%
37%
37%
38
37 '/a
No par
No par
*97%
9.8%
98 Va
94
94 %
94
943A
50o
223/8
22 Va
23%
24%
100
*84%
Co
common
conv
,
common
preferred
1
International
Dunhill
5
Duplan
No par
14
2
Du Pont de Nem (E I) & Co com—20
176
6
97% Jan
20
Jan
13
15% Jan
Sep
2
115
Jun
19% Mar
Corp
143/4
•
Range since Jan.
*
Year 1947
No par
Preferred $3.50 series
No par
96%
1st pfd——100
5
112%
Lowest
"
$ per
$ per share
$ per share
share
116
-
177
177%
116
114%
115%
114
20% Jan
22
223/a Jan
29
24%" Apr
16% Jan
21
18'3A Jan
2
Eastern Airlines Inc
22% Jan
8
Eastern
443/4 Jan-
2
Eastman
Oct
57 3A
2
30
162 Va Jan 12
51
Jan 23
40 V8 Jan
48% July
198 Va
Jan
19
Jan
Dec
165
Jan
22
55% Jan
5
12
Jan
23
19 % Jan
Jan
28
91% Jan 19
18 Va
Jan
28
Jan
12
5 Vs Jan
5
6% Jan
8
Elastic Stop Nut Co
Jan 23
52% Jan
6
Electric Auto-Lite
Jan
6
13% Jan
19
Feb
Jan
333/8 Jan
27
Jan
Jan
12
2
35% Jan '
2%
5
Jan,;: 2
Ekco
Products Co
common——2.50
4% %
Electric
preferred
Boat
171
156 V8
15 % Jan
Feb
July
144
128% Jan
Feb
26
Jan 28
291
*12%
No par
Convertible preferred
*33%
153/a
15%
146%
146%
7
150 Va Jan
5
Jan
13
preferred
$6 preferred
Battery--—No par
$7
_
Natural
Emerson
Electric
Radio &
*15%
16;
56%
—100
5%
preferred series A
100
_50
Erie & Pittsburgh RR Co___
Eureka Williams Corp
Evans Products Co
—i
—5
5
;
12%
32%
32%
101%
'
"4%•
.
4%
10
10%
54%
65,
8%"- 8%
17% ' 17%
58%.
14%
23% T 23%
.*13
V
/
"32%
33%
;
V*99%100% 1
■'
A 4%
4%
V
10%
10%
100
'■
f
:
1
*
•
"13%
<*32% ;,.333A
5
.
55%
♦63
,.
53%
58%
■-14%-.
12%
*100
'
16% 716%
<
,
23%" '23V.
No par
common
*52%
<
'14%
4
Phonograph——5
Equitable Office Bldg new-:.—:—1
Erie RR
129
56%
14%
16%
145
>.
*52% "'53%
Mfg^ Co
preferred
•
128%
136
Empire District Electric Co
,—10
Endlcott Johnson Corp common—25
4%
2%
2
16%
144
3
Gas
Emerson
34
•
*
A-15
Elgin National Watch Co
El Paso
*132
;•/; 2%
12%
33%
33 %
*2
5%
47%
12%
123A
Elec & Mus Ind Amer shares—.
Light com—No par
—No par
No par
139
5%
47%
3
common—.—
-
14%
104
104
—5
Electric Power &
17% Jan'
14%
100
—1
s
(The)
91
*86
-100
Electric Storage
193/4
/
*
22%
52%
preferred
4 % fo
100
>
;
4%
10%
56'A
56
i*63
t
»
4%
10%
'
'7 65
*8% 7
'18
>
8%
'18
'
Corp-;
Exchange Buffet Corp
1
3
2.50
Fairbanks Morse & Co
No par
Eversharp
Inc
-
Ex-Cell-O
60
Jan
Fajardo Sugar Co of Porto Rico—2o
Farnsworth Televis'n & Had Corp__1
;3l% Ffeb
9%
Feb
14%
.,
Dec
Fedders-Quigan Corp
-—
Smelting Co.:
Federal-Mogul-Corp
Federal Mining 61
42% Mar
_—
23 % July
.,14% Feb
1
2
ft
-
Federal Motor Truck—.—:—:_No par
Federated Dept Stores com—No par
28% July
107%
4y«% x convertible preferred—_100
Jun
For footnotes see page
24.
10
*43
9%
10%
44
♦
V
43
6%
for
Shares
share
168
47
3%
Vs
52%
140
16%
22
"18%
Feb
39 %
$ per
$ per share
$ per share
share
*164%
preferred
Co
cumulative
Feb
Feb
1
the Week
100
4
6%
8%
12
Sales
Jan.30
Edison Bros Stores Inc common—\
Eaton Manufacturing
27
-
$ per
Friday
Jan.29
18 %
13% Jan
106
Sper share
Thursday
Jan. 28
41
65%
•'
sper share
PRICES
Wednesday
21%
Feb
2
SALE
-
40%
89
16% Jan
Jan. 27
5
111%
.
HIGH
Tuesday
Jan. 26
Kodak Co common——10
18
-
AND
Monday
17%
Feb
109
*14'A
20%
Feb
.,25%
14%
1
Stainless Steel Corp—.
.27%
•
95%
*113%
10
Eagle-Plcher Co
253/4 Aug
51
95%
114%
"14%
*13% '14%
LOW
Par
"
95%
114%
96%
113
Jan. 24
$ per share
15
15
15
Saturday
STOCK
EXCHANGE
Highest
Lowest
Highest
NEW YORK
1 .'
24
*14
176%
STOCKS
ARange for Previous
94%
*84
143/4
14%
14
*98%
85
*84
85
33
176 3/4
Preferred $4.50 series
Duquesne Light 5%
DWG Cigar Corp
32%
100
*133A
5
16% Jan
Jan
32%
17%
No par
16VsJan
120
'
21%
213/a
*21
16'
187% Jan
Feb
Nov
July
21 3/4
15%
32
Industries
33A%
129V4 Aug
107%
17%
14
16%
3934
*42
15%
preferred series Ai
Jan
18 Va
Aircraft
Dresser
84
42%
*17%
32
$3.25 2nd preferred
20
*42
18
5
No par
Corp
Chemical
24% Jan
433A
25%
Ltd
Mines
Douglas
Dow
40
14
1
:
No par
No par
*39
,16%
No par
Co common
A n_i
Doehler-Jarvis
Dome
Dec
23
19
2
Jan
97
Feb
104 %
100
July
114%
Cup
Class
*15
X25%
40
18
2
Divco Corp.
< 17% Jan
*24%
15%
25%
15
243A
*43%
2
Corp-Seagrams Ltd
Distill
'
'
*15
24%
40
25
Co
Car
Motor
T
*24
15
No par
common
partic preferred
67o
Diamond
11%
24%
24%
12.50
Raynolds class A
11%
11%
*23%-
1
1
5
Vilbiss Co
De
9
44
*55%1 59
Detroit Hillsdale & S W RR Co„100
16% Jan
.
100
pfd—
Edison
9
26
Jan
RR
com
12% Jan
Feb
18%
50
Western—
Rio Grande
&
60% Jan
Jan
24%
.100
Hudson
Delaware
Jan
50
1
20
:
Delaware
Feb
47
50o
No par
common
Escrow
31%
50c
Preferred
Oct
24%
100
Deep Rock Oil Corp
Jan
20%
135
100
series B
Detroit
26%
5%
5%
*20%
7
series A
Escrow
22
56
20
1
Decca Records Inc
25
132
55
1
:_100
2.50
Dayton Rubber Co
13% July
128
*24
(The)
Corp
8'%
7%
131
Preferred 3.75%
Oct
*56
85
100
pfd
Preferred 3.75%
Denver
62 Va
*11%
12%
No par
Inc 1%
Dayton Pwr & Light common
Feb
11%
14
180
*160
»
1
Sons
Corp common
pfd 3JA% series A
Davison
Feb
59
69%
*133/4
No par
No par
—1
preferred
Cum
10%
23
23
16%
Dana
45 % Mar
12%
23 %
23
Davega Stores Corp common
5% preferred
38 %
12%
*12%
12
24%
*22 %
Cutler-Hammer Inc
Oct
97
33
*32
*153/4
Class A_"
Oct
97
119%
5
Press Inc
Curtiss-Wright common
46%
97
94
"111%
preferred
Steel
Cushman's
45%
32 3A
-30%
94
com—No par
2nd
$7
Feb
32%
44%
*29%
No par
No par
100
100
Cuban-American Sugar common—10
7% preferred
100
Feb
2%
33
*56
*44%
5
com—
Prior preferred--
20%
2%
*23
Cunningham Drug Stores Inc—2.50
Curtis Pub Co (The) com
No par
23%
4%
4%
.
41
preferred
Cuba RR 6% preferred
101% July
171
171
170
97
23
5%
101% July
63%
62%
2.50
Crucible
Jan
170
12%
$4.20 preferred
243A Oct
170%
19%
63%
98
No pax
Zellerbach Corp
Cuneo
35 %
150
94
32%
*39%
Cudahy Packing Co common
4%%
preferred
;
93%
*93'A
2%
*22%
preferred
$4
900
*92'/a
94
43A
*12%
New
$2
19%
93 %
2%
1
com
19%
62%
62%
170
173
for
Shares
18%
*93%
94
62
■
Sales
the Week
$ per share
93 %
19
93 %
4%
2
(The)
Corp
Seal
&
'
31%
*97%
.
No par
America
Wheat
19
93
*93 J/4
2%
31%
100
^
4%
*4%
2%
.
63
171
175
*171
1
1
1
63
64%
*63%
25
Refining com
preferred
Crown
98% Jan
2
127'A Jan
5
25% Jan 16
69% Jan 24
34
Jan 17
14% Jan
2
i
19%
"93
common...
Creameries
29
2
Co
3%%
5
30
Jan
•19 Va
.94
;
Crown
Jan
111
Products
Cream
39% Jan
Oct
19'A
93%
*92%
100
Friday
Jan. 29
$ per share
S per share
share
*23
1947
of
ser
Preferred
34% Jan
9
97% Jan 27
13
Jan 15
23'A Jan 16
42
45%
$ per share
$ per
"19
Coty Inc
Coty International Corp__
Crane
21
31% May
3%%
pfd
Jan. 28
$ per share
Jan. 80
Thursday
Wednesday
Jan. 27
b
preferred
Cum
15
Tuesday
Jan. 28
-100
Glass Works common
3% %
Monday
Jan. 24
''v-Par
Corning
5
93% Jan 20
PRICES
SALE
HIGH
AND
Saturday
<
$ per share
20% Jan
20
92% Jan
LOW
*
STOCK
EXCHANGE
Highest
—
$ per share
$ per share
18 Va
88%
8d
Lowest
NEW YORK
: '
Range since Jan. 1
Highest
Lowest
r»TOPKS
-
10
43%
6%
167 Number 4669
Volume
THE
COMMERCIAL
&
FINANCIAL
(557)
CHRONICLE
17
NEW YORK STOCK RECORD
Range for Previous
*
20
Lowest
Highest
$ per share
$ per share
NEW
Highest
$ per share
$ per share
V
Dec
26%
Feb
20% Jan
16
21% Jan
6
Felt
26%
Jan
20 % Jan
28
21% Jan
9
Ferro
59%
Feb
55
6
58 % Jan
19
42%
61
Feb
45% Jan
107% Aug
104% Jan
104
Sep
51% May
14% May
Jan
Enamel
Fidelity
50
Jan
2
8
105
Jan
15
58
Jan
2
First
30
17
Jan
5
Firth
Jan
21
37% Jan
5
Flintkote Co
15
55
Jan
21%
Jan
15% Jan
32
Firestone
4%%
24
May
39%
Oct
99
Dec
110%
Feb
99
Jan
26
102% Jan
'30
May
41%
Jan
30% Jan
23
34% Jan
2
13
Dec
17%
Jan
13% Jan
2
14 % Jan
17
24
Aug
20
Jan
29
21% Jan
6
Jan
40%
Dec
25% Jan
23
May
15%
Feb
10
Jan
16
10% Jan
5
Jan
27
39% Jan
13
Food
July
89 % Jan
22
92% Jan
7
May
14%
9
91
Dec
110
25% Jan
22
31
Jan
Florida
Jan
24% Jan
27
25% Jan
5
7
14% Jan
27
21
43% Jan
5
14
25%
Jan
13% Jan
May
50 Va
Feb
40
Jan
11%
Nov
22
Jan
12
Jan
7
12 % Jan
18%
Dec
39
Jan
20% Jan
21
24% Jan
Dec
103% Mar
78 % Jan
22
81
45%
45%
105%
"104%
*16
Steel
*1041/4
55V4
16
15%
15%
15%
16
32%
33
33%
32%
32%
32%
99
32%
32%
99
99
99
*99
*30
31
*30%
14
13%
21
(new)
Trailer
*20
25%
*20
lU
26
lu
*/a
105
105
200
56
*55%
800
15%
15%
900
33%
34%
3,900
A 100
*99
100
31
*13%
13%
170
31
*30'A
*301/4
13%
100
1,400
*19Va
20
20
100
26%
26%
27%
27
27%
26%
27
13,400
10%
10 Va
10%
10
10 Va
10
10
1,500
36
35'/a
36
36
37V'2
37
38
5,500
35%
36%
35
90
90
90
90
90
90
90
90'A
90
90
26%
27
27
27%
26%
27%
27%
29
28%
28%
25%
24%
24%
*243a
25
*24%
25
*24%
*13%
14%
*13V4
14
13%
14'A
400
40%
41
40%
40%
900
10
*26%
26%
!
25
*24%
25%
♦25
No par
*13%
14%
*13%
14%
14%
14%
10
40%
40%
40%
40%
40%
40%
Malting Co Inc_l
*11%
12%
20%
20%
1
20
13%
90
*89%
100
20%
13%
36%
36%
common
3,100
■
10%
Vb
common
Co
47%
~
31
*20
20%
26
ia%
—100
15%
21
25%
25%
♦10
_lo
preferred
cum
'
faOO
1,200
"
_lo
Co
Froedtert Grain &
4ft
14
*20
1
30%
13%
No par
pid
conv
Sulphur
Fruehauf
30%
14
1
Corp
prior preferred
Francisco Sugar Co
Freeport
31
Inc
Machinery Corp
cum
*30%
*99
100
200
20%
58%
47%
35
15%
21
20 Va
551/4
16%
Shares
58
*
105%
55%
*16
100
'
105%
55%
55.%
*13%
Corp
Fair Stores
47»A
46
55%
7%
._
47
47 V'4
*104%
56%
No par
Corp—
58%
46
*104%
*55
16%
*99
20%
58'A
*20%
105
45%
43%
105
55
32%
—No par
6ft
5
Jan
45%
20 Va
58%
*58
58
A
21
20 %
20%
57
21
20%
20 Va
21
*20%
57
"104'/a
55
*20%
20%
57
for
the Week
$ per share
share
*20%
21
21
*20 Va
25
___No par
—
Foster-Wheeler
5
77
58
(The) common—No par
Power
3%%
5
26%
21%
20%
No par
Carpet Co
preferred—
Follansbee
Dec
20 %
*57
100
com
Stores
Florshelm Shoe class A
32%
12% May
Rubber
*
*20'/a
10
Florence Stove Co
19% May
237/s May
36 %
&
Y
$ per
Sales
Jan. 30
Jan.*9
-
$ per share
$ per share
Friday
Thursday
Jan. 28
•'
$4
12
40% Jan
Tire
(The)
Food
35
18
5
...
PRICES
Wednesday
Jan. 27
■
$ per share
1
Co
preferred
National
Jan. 26
$ per share
Par
Mfg
Corp
Phen Fire Ins N
22
Dec
Jan. 24
SALE
Tuesday
Monday
Saturday
HIGH
AND
LOW
STOCK
'
"
Tarrant
3c
22
62%
•
YORK
EXCHANGE
20»/4 May
46% May
Jun
STOCKS
O
Range since Jan. 1
Year^l»47
Lowest
*79
41
41
*11%
*11%
12 '/'a
*11%
12 %
*11%
20%
21%
20%
21
20%
20%
20%
21
79%
79 %
7a %
79%
79%
79%
79
79
*11%
•
79%
12%
12%
90
12%
21
20%
6,300
79%
*78%
-
300
3,800
25
100
■gavVvva
8%
Dec
17%
Feb
8% Jan
19
5% May
10%
Oct
7% Jan
19
21
Jan
19
Jan
14
20
Jan
17%
Feb
13% Jan
21
14
Jan
22%
Dec
19% Jan
27
21% Jan
18 %
Jun
12% May
14% May
9% Jan
Gabriel
8% Jan
Galr Co Inc
6%
26% Aug
14% May
43%
Feb
30
Jan
5
23%
Dec
20% Jan
26
10% May
16
Oct
12% Jan
22
109
Jan
100% Jan
19
54% Jan
30
58 % Jan
5
100% Jan
6
102% Jan
20
100
Nov
48
Apr
xlOl
Dec
9%
Oct
149%
58%
Oct
102
,
Dec
.
Dec
13%
2
Feb
Jan
153
Jan
Gar
Jan
23
Wood
4% ft
Jan
2
Jan
General
Amer
pfd
$4.25
General
9
Jan
American
.'*■ $8
19
18%
Jan
10% Jan
20
11% Jan
2t.
General
Feb
10% Jan
22
11% Jan
8
71
Apr
Sep
83% July
76% Jan
37
47 %
Feo
37
Jan
21
38
Jan
.12
23%
Dec
33
Feb
23% Jan
21
24
Jan
2
160
144
Dec
78% Jan
26
87
4ft
138
Jan
6
Jan
28
34
Jan
26
35% Jan
2
General
Electric
35% Jan
24
39% Jan
3
General
Foods
2
93% Jan
19
54% July
Dec
100
10% Jan
Dec
45
12
30
7ft
Jan
$3.50
Jan
30
48
Jan
14
119% Jan
6
126
Jan
21
5ft
99% Jan
16
100% Jan
20
3% ft
53% Jan
General
26
58% Jan
2
129
Mar
120
Jan
29
121% Jan
23
$5
Det
107%
Sep
94
Jan
29
98% Jan
10
Preferred
13% May
18% Oct
19%
Jan
14% Jan
8
15
16
20%
Dec
18
Jan
27
20% Jan
12
13%
26
Feb
14% Jan
24
16% Jan
5
4%
Feb
2% Jan
16
Dec
16%
Jan
11% Jan
22
May
31%
Feb
23
125
Oct
2% May
11%
140
.Jan
General
Feb
3 % Jan
Public
128% Jan
29
29
4% Jan
27
24% Jan
26
5% Jan
28
6%
7
Gen
.
General
General
Jan
28% Jan
27
31% Jan
12
124% Jan
112% Jan
24
123 % Jan
2
35%
Jan
26% Jan
7
19%
Apr
30
Feb
23
5
24
95
Dec
106
40%
35%
36%
•91%
93
*91%
*91%
93
*92
1
11%
*11%
11%
46%
*124%
*100
103
22%
83
Jan
19
84% Jan
*14%
14%
14%
14%
V /: 14%
14%
*14%
14%
14%
14%
A'.;',
lb • ' ■;
18-:
18 Va
18%
18 Va
18%
14%
15%
151/4
15%
15%
15%
3
*2%
par
VV 18%
18%
18%
18%
14%
14%
*14%
15%
_10c
*2%
Corp
_
'■
V. 27% Jan
26%
Nov
22% Jan
51% May
58
Sep
51% Jan
28
5% May
7
Feb
5% Jan
26
124
Oct
Jan
2
33
Feb
21% Jan
30
7.1%
Feb
51% Jan
27 V
Dec
104%
Jun
us;
'
21
Dec
49,
Jun
,
99% Dec
106
July
26
Dec
Feb
Dec
109
Aug
99
13% May
24
.Jan
20
24% Jan
9
3
61%
8%
May
*24%
5%
Dec
31
90
23
5% Jan
27
101,
•
5% Jan
16 V
Jan
25
Jan
8
26% Jan
107
Mar
2
96
16
92% Jan
Jan
Feb
27
10% Jan
•>'6 *
37%
Feb
30
Jan
23
32
Dec
17
§ep
12% Jan
19
13% Jan
34% May
20
Dec
<133
49%
Dec
59
Oct
14%
70
Dec
*
.37% Jan
21
,20 V
Jan
22
139
Jan
6
Feb
73
Jan
22'
Ang
163%
May
-29%
Feb
Jan
30
27% Mar
i
i
,
35 %
,,
21% Mar
,•
v
Jan
9
July
92
t
17
Dec
May
42% Jan
Gt
5
22% Jan
Northern
33
Jan
27
Green
Green
(H L)
Greenfield Tap <fc
10% Jan
23
93
Jan
8
32% Jan
2
37% Jan
211
Grumman
6%: Jan
20
f21
Guantanamo
Jan
12
Jan
2
95% Jan
27
9
78
*
8%
! 95 i'-
May
/V 6% May
Jan
Dec
7
87% Jan X 6
,Jan
89% Jan
12
22%:
51%
52 Va
99
*98 Va
991/2
42 V,,'/:
42%
41%
43
A
93%
99%
99%
A
18%
17%
17% A
4%
4%
:
v.'.1
$5
conv
Jan
19
Jan
22
49% Jan
5,
r
v
80
18%
5
Dec
5.8 '
Jan
28
75% Jan
5
■
Gulf Oil Corp.
.
-5'%
5%
j
15% Jan
28
32% Dec
14
1
39
Jan
Jun
.*
.
31 % Jan
20
33%-Jan
19 V*
Feb
13% Jan 20
13% Jan
8
15
86% Jan 30.
89
'
_13
•
Dec
i
'
87% Dec
r
19%
,
Apr
V
,
!
75 %
i
■yj:
•6
-
800
2,000
26%
x26
26%
26%
26%
26%
26%
5,000
2G
,
95%
95%
,
22
90
Dec 7
.May A
%
5
103% Jan
-
23% Jan 24
Jan
Feb
26% Jan
150% Jan 28
Jan
39
100%
,;
Jan
6% Jan
,
2
23
Feb
Dec
.May
'
Dec
'
May'. ;
*95-
Dec.:
76% Jan
..
.
31-.
^
v
22.
251/4 Jan
;
27
A. 23% Jan, 21
103%
Apr
78.-; Jan
Feb
38
22
108
For footnotes
July-
see page
,
Jan
95% Jan. 23
24
Printing Co..^
';
9,
-
Co
-
1
12%
•.
38%
10%
39
-
ao
31
12%
"12%
28
-
f Jaa-
•
6ft
Hart,
Refrac-
preferred—
Schaffner
35
}'■
'6%
if
12%
■
140
.
.
•-
*6%
*72://:
■77
,
30 >
*15'A.
15%
15
10%
10%
951/2
951/2
26%Jan-5,:
871 Jan,J13,.,
'42.4 Jan
—98.
Jan
c 2"
25
-
.♦31Va-
-•
*14
14%
*44%
V-14
V
i"'-
46
■
61%
61%
15%
&
Mfg Corp
*86
A
14 %
-
•:•'
•14
14
•>
90
2.
;23'A- •231/2
f.
23%
*102%
i.—■ ——100
♦149%
—10
Marx
A_.
1
V-.2—
common;
Cum
103%
*102%
:
V
3% ft preferred——-^—
Reins- (H J) Co common—.
3 65ft
21%
'.'
'*72'
5,700
V
77
'30%
U5
30%
30%
14%
10%
80
■/
10
A
'
15
10%
"V
:,*■>!
31
15
2,800
A
77
*72
15
10%
V-
10%
•
97 •'
36'A
-
2,000
1,100
-
f
6%
6%
*87%
90 V
14%:-
V,-
1%
1%
•
x
■
15
-
60 Va
.>■
15%.
2%-"'
21/4-'
-
%V 15%,
1'
'
32%
13s,'a.
'
*13%
•141/4
*13%
*13%" -14%;.
•
-29'A
'
*6%,
•
preferred-^
*75
r'
:
—I—111
L-100
25'
mn
-,
•.
7%.
*25%
*23'A
f
*29 V4
,7 >'
A
.'v
8
23%
7-
•""•
7%
7Va
-
v
8
-
25%
23%
23%
*82%
V!
..♦95.1/2. .296—
:
*39
'*•
•23.%-V
i
150'/a
151
29
■
f 7
*75
'A'• 7%
8
25%
*23,%
.-
•
*75
V
78
■
{7 '/a
•
..
*25V«,
80
96V4 *•
8
25'A
.
24%-
.23%
,•
A
40U1*!. -JrC-
1
1,000
102,200
416,600
15%
,8
88"
11,400
29%
*6%
7
A-
.86 W
.
14'A
86%
14
•■.;
A 103 %
154' '
*28%
14
13%-
t
-
*148%
32%
A
V
23%
.
23,000
61%
A *31%
;
103%.
*75,
78
7%. A 7%
77a
25% '
23%
.
A
.90
i
103%
24
24 A
"29%
700
7%
A
8'/a
:
,25 Va-
25%
<
*231/4
23%
-S.
'150
V
I. ".700
'
:f.
10
1,000
500
7V« AX:
78 A. "A
.'900
7%
-
8'/a
"
10,400
25% v
7%
1,100
*
81V4
39'A
96.
96V4
8
25%
*23 'A
A
82%
»*39„,.
80
>
7%
A 8
80
'
V.
29%
7
*75
78.X
"
15.4
*148%
A
•-.f
;•'.• 600
v
'
i
i,l
8 Va
82 Va
7
.700
V
v 2% .-'•' 2%
14%
23%
29'A-
10
4,500
•'
46%
S\5
.103%
23%;
6%
60%
f
2%
15%
14
*13%.
*86
f
150%
29
7
88
IO31/2'/
23%,.
*6%
85 A"/1 .X%,78--,!"r
-39 V21
39%.
»51/2-.. 95%-
'
,
102
103
•
.
•
78 /
25%
26
-39%
29%
7J/a
■
Vi
*86
-
..*149%
V
29
151
7
*75
7%-r
*82%: <85
•V *39
_
•A 102
88
'
233/*-- iV 23 Va '4
29%
'.
v
*86
••■■-■
103%
*149 Va
,
■
88
88
.
V
151
78
*7'A"
-.
V.
■
*31%
■13^
32 %Y
14"
23,100
46 3 4
32%
Is.
*31 Va
^-14 V4-X
*31'/a
•
4
62%
-
60 V.'
6%
•;*87«/2
47%.' 47%
-
I;
36%
14% .15%
14%;
47'A-
-58
15%'
'■
15 Va
141/4;
61%
H;
37
"A-
97
36 Va
36 Va
47
•■:
10%
10 Va
'*95
"V
,
6%6%
*87%r 90 V
Wi
97
*95
i'X
46%■:<&■
15%
14
.
V
i
-No pax
'■.
—
100
2,500
139
30%
-
*95
..-14% ::i;
.
58%
32 Va
14 Va
32%
88
com.
Hazel-Atlas Glass Cq_—
Co
500
:
.
40'/a
21
*136"
77
|
..
6
46%.
15%
♦3-1%:
15«A
141/2
•'•V:13Ya
4% ft preferred
:. .—100
Hayes Industries Inc—.
HeCht
A110
12%
/' 39%
140
139%
-
35'/./.
36
•87V'a'>
89% t
-13%
X.
/. 35 Va
-6%
/•
6%
V •87%
'Kf
46-.
62
_No par
'
...1.
800
'AA
V
307/a
12 Va
20% •20%
20%
140
.
30%'
97
13%
pfd.
Hat Corp of Amer class
Hayes
30%
40
,39 Va
39%
38%
20%
20 % v
142
-77-,
i 35 %
•
881/2
13%
*44%'
/•
5
8'A Jan ■ -7.'.
8% Jan -7>'
10%
f*10
10 Va
*29%
39%,
20'%*140
10%
*95
6%
♦86%
preferred——. „^_100
Harbison-Walk
96
*94'/2
10
31
*12%
12%-
15%
35%
s'l
—j—5
com— _No par,
Hahna- (M A), Co $4.25
Jan A 9',v
9":
26'/a Jan/- 5
27
42%
Hall
71/2 Jan
79
14
6% Jan
Jan
30% Jan
12
7% Jan
*
Oct
Water——.
20-,
A 1501/a Jan
29
Apr
12 *
'/■ 9%
35%
35
.
Dec
102% Jan
96
96
96
*9%
'31
*5%
«
*29%
9%
*30
6
30
•
'
4% May
25
27%
■160.
•
6% May
•
Sep
A.
31%
Af f-,A
Hackensack
conv
6
29,600
20%
-.•x
9. x
4ft
A
201/4
•:.77-
10%
15'A
i
100
5%
'
*75
97
25
12,V. 1
Jan
51/4
*30'A
"15%
351/4
NO par
.1
Hamilton Watch
700
'
30 Va-
10 Va
com.No par
i—
preferred
<W F)
V, 6,100
20%
9%
Rights
14'/2-Jan,> ■5 V
.
Feb
10%
28% May
.
-
108%
•
j 148% Oct".
{
112
,
t102% Dec
'.Jan
19
Jan
«
17
6
30%
*95
1
—
5:
..•
*16
r
20%
H
.J
99% ■■•>■■■
2,400
1,100
x30
30%
62*'
:
43%
99%
•
2,300
5%
15%
Gull States. Utilitiea Co-^-_—No par
29
2
14
16% Sep
42%
18%
"
2% Jan
Jan
l& Jan 27
13%~Dec A,
^
99%
'
99%
*17%
5%
*99%
'
',V
20%
-*94
141
»-
*18. A
•
A
53
99%
30%
!a
■141
•
43%
99%
22%
53
5%
20%
20 %
99 %
43
>
42%
99%
10
21%
Vs
•'30'A
12%
38%
'>•
99'A
99%
99,%
42%
.
5%;,"
.31%
*15.
100
—
Corp
Mobile & Ohio RR
$5
*75
*30%
preferred—No par
13
Gulf
X
20%
53%
•20
f
31
12%
22
52%
20 Va
10 Vb
♦29%
142 %
♦140
1
-10%
38%
20%
N
v
12%
22
100
1,500
120
:;>■ 20
26%
95 %
*94
221/4.
52%-./:
'A
52 A
6,800
5%
30%
5%
20%
25%
10%
%
38
par
100
Sugar common—J
46
.5*
20
,
*118
*
52%
*118
120
A
.
A
25
5%
■v.30Va
32
*30%
A-v
5 Va
4%
5%
5%
31
12%
par
22
221/4
52
-•
120
24%
5%
5,000
84
*51
52%
5%
300
21
*82
24%
24%
*51
5% A
♦117%
-
.V;
51%.
5,000
,.
93
20%,
.
Shares
31%.
*921/2
86
*82
24
■
51 %
51%
22%
-
95%
*97/«
120
*117V2
120
84
24
•;
52
25%
*29%
21
'
76%
7'57% Apr
25%
3
Feb
.
.5
20%
5%
1/2
*0
5%'
22%
t:
20%
20 Va
31%
for
the Week
(The)—
Aircraft
Dec
15% Jan
20%
Die Corp__No par
Corp
14%
;>
par
32
93'/2
♦82
51%
*51
52
120
*
31
23%
22%
24
22%
Jan.30
$ per sftqre
93%
20
Sales
Friday
Jan. 29
$ per share
31%
85%
*82
70
80
93%
20
5%
:
preferred
51
V-
31% May
19%
1,100
88
77
30%
.
24%
87
76%
*92ya.
VA
800
400
75
Thursday
.,
$ per share
19%
4%
*94
Jan.28
$ per- share
370
27%
24%
24%
400
120
89%
75
Wednesday
Jan.27
291/4
119
:
PRICES
SALE
Tuesday
86
24%
*87
74
*28 Va
291/4
119
*93
V
89%
74
31
5%
30%
1
♦87
HIGH
v
24
24
24
23%
*17%
*5%
Common
4%ft
98
99%
30%
Co Inc_
Feb
16
*93
99
5
Bay & Western RR
12
'
A.. 4% May
;
Prop—_No
pfd—No
77
30
98
93%
*51
42%
4%
No par
33% Jan
14% Jan
:.V
42
100
6%
99
30%
-99;
9»
:
———100
Dec
t
Ry
*95
•
.—No par
pfd
-Preferred
.
99
93%
>
is
Great Western Sugar com—No par
9
20 >•
*95
1,500
-24
30%
:
120 •
1
:
V Jan
Dec
12
105%
♦117
*17%
:
:
Gt Nothern Iron Ore
9f
'
Greyhound
*
v
Motors
conv
*23
94«/2
100
preferred
cum
23 %
30,'A
,
5%
No par
144
Jan. 28
■
.
:-V *993«
Graysoh-Robinson Stores com.—'
$2.25
23%
23 %
*82
52
*5%
No par
Hosiery—_—
\3%ft
15
9% Jan
preferred
City Steel—__
—No
Grant (WT) Co common....
•
14'/a
Dec
24%
19%
23%
23%
100
Granite
May
*23%
$ per share
22%
29 >
u
Co
Granby Consol M S & P
21 % Jan
24%
*93%
52%
Co
*23%
.Monday
86
*51
1
Grand
6
<
•82
(B F). pom
Union
*27'/4
Jan. 26
par
50
7
Jan
29
27%
74
19%
19 %
No par*
com.
2
19
.
^——No
Jan
6
33
Dec
common.
33% Jan
Oct
271/a
27Va
89%
22%
conr
117%
*73%
V
3,200
28
*87
■
20
4%
1,600
25
25
117
89'%
30%
30Va
128*%
4%
-v
28 Va
74
*93% ».95.
*125%
4%
26
*27'/4
♦87
par
_5
600
17,000
113%
♦73%
$ per share
Par
com—^No par
preferred
Graham-Paige
2*
Jan
Jan
V/Y
.
3
12
24%
28%
74%
Saturday
*28 '/a
1,800
11%
27%
88%
V
28%
400
3,300
'
24Va
Va
99
23%
23%
15'%
113%
LOW AND
Stock
Gotham
21%
x30
23%
452%
$5
12
•
99
*95
*87
I8V4
24
-
24
*95
10
Jan
18% Jan
;
A
V
,'24
18%
15Va
28%
"V
28%
•27%
Jan. 24
—
9
f
•
;
Brewing Co—:
3s
Goodrloh Co
28
-t.
*23
14%
>.
1281%
4%
25%
29,100
*14%
•••" *112%
113
112%
-28%
*27%
128 »/4
4%
25%
25
25%
25
;
28%
*28%
29
112%
No par
V
$5 preferred-————No par
Goodyear Tire & Rub com.—No par
.
41
Dec
23%
27
4% Jan
8% Mar
Jun
12% May
1
y
y
-
94
12
25
•
4%
47/a
4%
4%
25
*2%
11%
25%
128'/a
*125%
128%
*125%
-
Telegraph
Goodall-8*nford inc
44 % Jan
16
17% Jan
Oct
Jan
Gold
128%
4%
24%
5
STOCK
Razor
(The)
conv
Goebel
57 Va Jan
100
Jan
41% Jan 27
95■■■>;
Jan
;
*125%
4%
25%
128%
2%
12
25%
4%
100
com
preference—V—Nq.
Co
4% ft
9
.
98% Jan 18
41%
Jan
120
,
2
6
,
YORK
$4.bO preferred
Glidden
5 X
53% Jan
25%
*125%
com—No par
li
Brothers
11%
24V»
10c
No par
*
25%
11%
•12
11%
24
23
120
120
121
2%
3
-3
11%
23 %
11%
23
5
A:;
.
3
*2%
3
11%
par
100
_i
.-.v. V'VxY:x
A
2,400
94%
Co
Corp——_
Gillette Safety
12
2,000
94%
94
1
STOCKS
Jan
,
55%
120'%
95'/8
EXCHANGE
Gimbel
54%
120Va
55%
94%
100
21% Jan A2/5-
54%
*120%
95 ^
preferred
23
1,000
121%
3%ft
Jan
100
120 Va
30
19
100
.24%
Jan
Feb
100
95%
77
30
120
100
54%
Corp—No'par
preferred
conv
124
54%
54
54
53%
1,300
2,700
*123
121%
23
$5
100%
11
125
95%
Feb
6 V
100%
93
*123%
53'/a
98
2
100
6,200
45
121%
Nov
$ per share
125 /V
45 %
95%
100
94 y2 Jan
45%
125
1U0
A
46%
126
*124"%
103
.
'
10%
54%
preferred
36% Jan
*45%
:•
28,800
'
45
121%
4%ft
22
46%
45%
.
V
95%
54
7
$ per share
11%
121V4
10
2
103
125%
♦100
93
*11
..■
No par
com
Jan
17% May
85
Dec
125 %
*91%
11
11
■
46%
46%
93
*91%
11%
46%
126
_100
36%
93
11%
11%
_No par
Tire <fc Rubber Co
20
No par
Jan
93% Jan 18
144
*141'/4
No par
Cement
300
37%
28
29% Jan
23%
34%
89
Jan
144
50
37%
23%
37
12
Dec
*141%
3,700
77%
*36%
„
34 Va
24
36%
144
143
143
*140
142
77%
78
37
23% Jan
$ per share
23%
34%
86,
Jan
72% Jan
105%
37%
23%
36%
Feb
".V
*35%
24
34%
series
Instr
NEW
♦77%
37%
*23%
36%
Gen
A/A'
78
*35%
24
34%
112%
Highest
*77%
37%
*23%
11 Va
36%
Jan
Range since Jan. 1
78
*35%
90
11%
10%
11
*
34
108
23% May
Dec'
*77%
*11
11%
10%
200
2,300
152
36%
Dec
Lowest
*11
*150Va
a
34%
81
Highest
153
36
85
Year 1947
155
34
*28%
Range for Previous
*153
1,500
10 Va
10 Va
f.
34
Utilities
&
Shoe
4% ft
10 Va
10%
23%
♦138%
_1
Gen
10 Va
36
Refractories
Time
10
34%
15
Jan
10
103
34%
Castings $6 pfd—No par
General Telephone Corp
20
Apr
Jan
10%
,200
54%
541/4
*102i/a
11%
37%
142
*138
Steel
Gen
54%
102'A
10%
78%
23%
103
*101
54%
*11%
78%
2,000
1021/4
10%
*35%
3,000
13'A
55
153
400
21
13'A
103
*11%
10%
31'/a
20%
-
102
101
102
11%
10%
11%
78%
13Va
>
55
55
154
10%
10% ;
4,900
*102
154
155
*11%
11%
23
28% Jan
90
*153
6%
.
102%
"•
10%
24
Corp
Signal com—No
preferred
5
Dec
$ per share
'v
55%
♦100%
102
*102%
102
21%
13%
10%
155
6%
,
31
20%
13%
21
13 V„
10
38
Utilities
Realty
Jan
20%
13%
10%
*23%
Service
Public
128% Jan
36"%
Gen
s
5
*30%
20%
55
102%
*153
300
*30 Va
31
30%
102%
10%
100
20%
No par
com
Equip
Railway
Oct
31%
30%
♦102
55%
100
13%
*19%
6%
6%
6%
102%
55%
6,700
13%
No par
Precision
Gen
Apr
Lowest
♦100%
102
55%
*35%
Corp
Corp
Portland
General
Gen
Gen
Feb
5%
20%
1$
:•
*77%
Advertising—No
5
12% Jan /
26%
21% May
13
100
$3.75
Outdoor
Gen
13
*102
100
Motors
10
6%
6%
*13%
30 %
50
preferred
26% Jan
101%
•
5%
20%
V
*
19%
•
'
6
6
10%
preferred
7
Jan
29%
3% May
18% May
26
May
19%
'
'
19
V
20%
No par
com
common
conv
Dec
Dec
*19%
*10%
preferred
Jan
Feb
19%
5
Co—
Corp
Mills
51%
65%
19 %
100
Instrument
120%
a 94
20%
13%
19%
No par
preferred——
General
9
Feb
xl22
*13%
20%
*100%
No par
preferred
Feb
131%
13%
*29%
5
preferred
Feb
88% Jan-
*13%
20%
13
par'
common
Cigar Co Inc
Jan
Aug
16% Mar
May
123
2nd
conv
General
Jan
103
13%
30
5
No
Corp
:
Corp com
39%
Dec
*13%
6
5%
100
—,
A_
Bronze
45%
Dec
10%
43
13%
*19
19%
30
com__l
1st preferred
-4%
;
"
May'
Dec
*19""
20%
1.6<»%
.
General Cable
34%
1
com
50
preferred
..14%
32
Inc
Transportation
Baking Co
Dec
137
20%
Investors
series
May
6
*19%
$4.50 preferred
29
10 % Jan
155
General
8
..
19%
♦19%
13%
preferred
conv
11
,
*19
*13%
*13
No par
Industries
19%
1,700
8%
8'A
8%
*19
19%
Co
9
9
8
8
19
19
*19
—No par
(The)
7%
7%
8%
8%
8%
8%
7%
7%
7%
7%
8%
£'%
*8%
9
,
7%
20
Gaylord Container Corp—
13% Jan
102
29
Co
*8%
1
com
'
33
■
26
July
185
10
6% Jan
1
common
(Robert)
Gardner-Denver
9%
5% Jan
(The)
preferred
Gamewell
4% July
Feb
Co
"*82%
700
,23% A:
84
f
A
"70
'
.
-r
39%,
39 Va
96 V4.'
'•
96-1/4
y
r
.''f39'/4
-'
#95.14.
39% '
700
96'A1
370
18
!
THE COMMERCIAL* & FINANCIAL'? CHRONICLE
(558)
-vY'-rMYf .M-I-, Monday, February 2,
1948'
YORK. STOCK
;
Range for Previous
STOCKS
Year 11147
Lowest
49
Range since Jan. 1
%
Nov
68
140 '/a
Dec
165
14% May
50% Sep
126*
29%
Jdn
53
Jan
..
22%
140
Feb
63
Feb
48
Mat
125
Dec
38
Sep
Oct
134
'/Sfep
20
Sep
10%
Jun
26
Jun
Jan
Hercules
5%
Jan
Powder
:
Hershey Chocolate
8
$4"
*527%
56
'14074
21
23 % Jan
22'
27% Jan
preferred
Hewitt-Robins* Inc
12% Jan
Hilton
Hotels
22
27
30%" Jan
14"
25 % Jan
Hinde & Dauch Paper Co
Hires Co (C E) Thel_
Jan
21%-Jan
23
26% Jan
Holland
15
Hollander
20%
Oct
Jan
20
Jan
17% Jan
23
18% Jan
Jun
38 % Jan
2
41% Jan
36
Dec
27% Jan
27
19%
Feb
14% Jail
24
56
Jan
14% Jan
25
48
Feb
42
27
46%
36
Jan
13%
12%
13%'
12%'
13%
*2874
29%
28%
28%'
'*28%'
29%
*28%"
*24%
257V
*24%
25%
*24%'
25
*24% *25
22
*21%
22
15
*14%
15
^.—5
—5
28%
29%
15%
15%
15%
28%
15%
29%
16
Houdaille-Kershey
par
14"%
15
15 74
1574
16%
$2.25
preferred
3%%
40
Jan
14*
42%" Jan
5
28%'Jan
12;
23% Jan
21
15
22.
Jan
0
35% Jan
2
Howe Sound Co_
29
Hudson
44Va
*42
45
42
32%
*3174
32
31%
31%'
31%
31%
31%
90%
91
91
91%
91 %
20%
90%
*90 y2
No par
40%
40%
24'%
40 3 4
40%
40
40
40'%'
4074
40%
Texas
91 %
40%
.>24%
21%'
21%
-.-25
vtc
24
i—1
1~!
&-Manhattan
2
9% Jan
7
12% Jan
21
34% Jan
20
37% Jan
30
Hudson Bay .Min & Sm Ltd—No par
15
Hudson
21%
Oct
18
Jan
26
21% Jari
30
Jan
16% Jan
22
18
preferred
Hunt
Motor
Foods
5
15
4 Vo Jan
2
>
'Hupp Corp_—
35% Jan
21%
347a
347V
5%
Idaho Power Co
24%
21%
21%
34%
,
34%
5%
.
5%
5%
11%
*10%
*36
36 %
36
36%
36
36%
18%
18
1874
18%
*17
17%
17
17
18%
—6.6674
17
—1
4
17.
,'4 ''
5%
4
5%
117a
>*10%
11%
!
24%
*21%
•
5%
11%
3714
12
37'%
19.
37
19%-
17%
-
18%
*16%
25%
21%
33%
6%
17%-
33
34
5%
11%
18%
43
*40
:
24%
34
5%
*10V2
36%
18 V
No par
Inc
Jan
Jan
24%
21%
34%
43%
*41%
*10%
I—100
Car
2474
22
*34
~
common__100
13% Mar
24
*21 %
—5
43 %• Feb
non-cum
„
32%
£0%
42
17%
'
50
129;
.
*31%
6% Jan
5%
.
*42%
Howard Stores Corp
30
of
:
100
Houston Light & Power
Oil
i
No par
com
preferred
Houston
18
,—50
Finance
33 % Jan
4
27%'
17% Jan
Household
Feb
40
27%
21%; Jan
7%
18
39%
28'A
Jan
,
15
*17%
28%
91% Jan
*14%"
15
18
39%
29%
rio
^
,
22%
18
29
com
22
I'
39'%
39%"'
Feb
3% May
*14'%
15
39%
Dec
7% May
*14%
•
29y2
500
.1,500
•
.
13
13
21%-: 22
22
*17%-
38% Mar
May
12% May
15% May
15
21%
4074
29
33
22
13%
200
--
1.6%
?0
*29 v
29%
400
us.
n?
v;v150
*23
24
o00
12%
13%
% 3.500
.29%
29'/a
,
300
*24V*
25
,~~21%
22
-.300
*14%' 15
300
17%
17%
.'
9J0
39%
40%
6,200
x28%
287-1
1400
15%
16
2,900
*42
43
300
31%
317 V
2,000
"90%
90%
470
40%
40%
1.300
25
25%
7,900
21%: 21;%
7.00
33 Va
33 V4
2,300
6
6%.
9,100
12
12
400
37%
37%
3,400
18%
19
11,000
17%
17%
■
70O
24
25%
177 V
34% Jan
*23
24
Shares
.
54%
*125
29%
29Va 7/
*ns
n&%
29%
13
.<
the Week
14|.
*16%
• 49%
129
*24%
39 74"
6
*
*28%
177V
30'
145
*12%
17%
Jan
4% Jan
*23
24%'
*53
*141
c
.
*126
.
■>: 117%'U7%-
39%
31% Jan
Feb
24
129
29%'.••• 29%"
29%.
us
*38%
89
49V>49%>,
*126'
35% Jan
.
16%'-: 16%
-
•„• >
54% >
M
1^%
16%
49%- 49%
*53
*141
,
,
$ per share
$ per share
7
53
143
49.%M>
*17%
28%
7%
v.
12.50
Hooker Electrochemical Co—„_—5
20%
May
lie
24%
53
*140
127
i-'-'v' 39%'.
29%
V
.
_!__10
45%
3
127
119
*24
16%
49 ->
•;
129
119
24%
16%'
1
Salles for
Jan. 39
1
_
37% May
16% Jan
Dec
-.49
29%
31
120
'
1674
143
<
Friday
Jan. 29',
$ per share
53Vis '.
53%"
*140
TKUirSday
<
5
(A)_
Holly Sugar Corp
Mining.
Sep
Jun
31% May
48%
Jah. 28
!—10
(Del)!
Sons
&
*20%
*no
>
'127
128.
24%
i
Homestake
Oct
105%
Corp
16%
49%
*126
■■
__5
:
24%-Jan
Furnace
49%
par
No par
conv
16%
M
.
Wednesday
i
-
$ per share
143
No par
com
Jan
28% Jan
..
Dec
56
143
—r-100
31%
Jan
*62%
*16
Jan. 27
$ per share
*140 %
tfo
common
preferred.
: "
PRICES
SALE
Tuesdky
Jan.
$ per share
...
No par
Dec
Dec
85
30
121
28%*Jart; 13
xll7
2
17
Motors
Nov
13% May
44
7
_
Mohday
25
preferred
Dec
33
Nov
■28%
53 % Jan
9
LOW AND HIGH
Saturday
„_.il00
common
non-cum
Hercules
5
127.% Jan
22
Jan
(Q W)
7%
Par
14% Jan
May
30
17% Jan
20
Helme
2
'
Jan; 24
;
•
•
19<
Jan
142.% Jan
V
STOCK
x29 %
Apr
21% May
14% May
17
55s
7.
Jan
;
$ per share
6
>-,
EXCHANGE
,
Jan
29%
14%
22%
35%
JailJan
*16% Jan
134
Dec
118
$ per share
$ per slihre
NEW YORlt
llighest
Lowest
Highest
$ per share
'
■
4
I
30
May
39% Aug
33% Jan
13
18% May
32%
Dec
28% Jan
37% May
2i.
64%
Dec
65
Jan
2<
32% Jart
5;
2i
72
Jan
9
6%
Leased
J——20
preferred series A
Jan
97
Aug
96
Jan
15
2
Jan
96%
Jan
15
26%
Dec'
24%
Jan
22-
28% Jan
30
Jan
2
Industria
x21
11%
Dec
Dec
30%
97/a- Jan
21
11%
Jan
21% Jan
2
22% Jan
17
July
14% Jan
2
15% Jan
Dec
43% Jan
14
49% Jan
5
107
May
136%
Oct
*169
Dec
180 %
Apr
42
96
96-
25%
25%
25%
5
*10%
10%
10 %
10%
*21%
22
21%
22
*15
15%
Electrica
124
125
124:
158
*153
158
153
2
Mar
101
Jan
26
Feb
3
Jan
27
3% Jan
6
Intercontinental
12% Jan
22
14 % Jan
2
Interlake
Jart
5
Int'l
Business
927/a Jan
10
Int'l
Harvester
157a July
17 % Jan
246
Nov
95
July
87% Jan
163 % Jan
Feb
Jan
6% Jan
5
Interchemlcal
103
6
219
Inspiration Consol Copper
Insuranshares Ctfs Inc
Jan
Jan
8 '
7%Jan
22
Jun
9
46
242
80-
167
Jan
24
34%
Oct
26%' Jan
24
76
33 % Jan
96
Jan
76% Jan
30
78
4%%'
7%
8
6% Jan
22.% May
Feb
3% Jan
13
Jan
26% Jart
6
28y« Jan
Dec
135
Jan
2
136% Jan
Oct
47
Jan
22
53% Jan
2
96% Jan
Nickel
15
12%
12V2
228%
228%
86'
100
165
6%
*76%
u—1
3%
No par
com
26%'
94% Jan
29
Feb
10y2 Jan
2
13% Jan
7
Feb
104% Jan
7
107% Jan
29
5874
Feb
52V2 Jan
24"''
45
Dec
43 % Jan
2-
63%
Oct
47% Jan
32
40
Feb
34
Jan
28
1774
Feb
12
Jan
6
14% Jan
24;'
12% Jan
2
14% Jan
24-
Jun
9% May
9% May
19
17%' Feb
54 % Jan
Apr
26%
Feb
20
May
38% May
143% Jan
2774
Oct
24
6974
Nov
Aug
1371/8 Jan
158
12
International
Shoe
Jan
5
International
Silver
34
16
20
International Salt
Jan
56;
28
29
45
28
Jan
Jan
2f
21
Jan
Jan
14
25
%-Jan
59 y2 Jan
22
63% Jan
,.
140
7%
Foreign
Interstate
19
Jan
$6
.
„
Highest
6%
$ per share
Jun
19'A
13%
Dec
Jun
108%
8%' Jart
19V Jan
83
.5
'-
Feb
Jari
42% Jan
92 % Jan
46%
Oct
36% Jari
101% Jari
2§
Sep
98
Dec
112
Jfui
101
Dec
161
D6c
145
34% July
39
23%4 Jan'29
Feb
92% Jan
52%
923A Jan
4l3/8 Jan
'
111-
Jan
26% Jari'
30'
102
152
10174
Feb
30% Jan .24
83% Jari 24
Jan
4074
Oct
34> Jan 24
Jari
30'
Jewel
2
3% %
8
12
; Jan
13
5%
2
95
95
12%
127 V
13 7V
1067%
106
*52
54
*52
54-
44%
*44%*
447%
100
•491/4
48%
49%-
*4734
*32%
-
34
■' 34
*32%
<
T
*52»%
,
13%
-14*%
1474
1374
50
47 Va
34*
34
34
:
44%
50
52
200
56
44%
-
300
44'%
49
:
34
*337%
1,100
400
107
*54
54%
44%
4974
50
3,400
34 "
*33%
-
100
"
14
1374
1374
1374
1474-
13%
1374
70.000
137a
137V
1374
i.37'e
14:
13%
137 V
7,800
*20
2072
20
20
25
25
24,J%
24%
60 7V
62
(2
62
143
140
140
*140
107%
54%
.:
300
13
*127V
1354
14%
143
54
98
*95
X107
i3s4
14%
*140
106%
44%
*44
*
1274
■
110
11 900
5074
4934
95
127'a
4,000
17,300
136
136
507V
107.
37a
27%
3%
27
136
50
947%
7V
25%
60i%
20
20
*24'74'
61%
*20
2474 A
62
1397V
1397V
61%
140
*139
20
62 7 a
500
600
633a
*24
24%-
62
247V
20
207V
24 74
1,100
20
141
*137
,
LOW AND HIGH SALE PRICES
STOCK
Saturday
Monday
•
-
Jan. 24
comi—
-Thursday*
'
<
.
91
-*42
*92%
:
A_100/
*140 '
8%*
•
..
•>91*
91
.sVg"
8%r.
8V
,
*26%
20%'
*20 74:
;
9f
91''
;
'
94
.42.%'
42 %.
.92%'92%'
/. '
43
*02'%'
\
,
*10074
*140-
KO.
'
'
83%
83 74
-
34\
34%
15%
15%
*15%'
93%
9374
a*
AM 24 >
24"%
*10074
140!'^
\
'31.
43
V
94
*92
;
37 % '
*
38 ;
200
" 4434
377a'
:;2^7^
*24,
145
33
84 V
353A
3674
1,400
25,
ibV
32%
•
:
10
8" 400
800
10
*13274(150
"
800
:
38
101:
102%/
60
;
10$
103
'•
84%
<
447V
2,000
*
92%
:*,9» 94%
32 Va
,
92%
'
*'
145
the Week
Shares
87a"
8%
*207aM21
'
103
*10074
-
Sales for
■
Jan. 86
$ per share '
94-
23
2474-:.
%:. 3274: '■
*83 WMVj
35
35%
34%
V
103
"
150'
'44
37%
•
103%
'
44
•
A- 31
8374
,,
3AVf
.91; m
*100 74 • 10274"
*'130
30%
83%
8 3 74"
7
102
' ^
■
103
> 34V-
36
•
* 102
,
rlSti:..
3074
V
*92 «8"
'
>>102'■!: 102
'
'24*%247V
Friday*.
-
3;i«'
83/a"
20 3 V
20%'
*!90,A* .93 :
8%-/
20V*
'
93
,.
.
"42%'.
-43
30% / 30%
1
.
*20%
21
,
preferfence series A——100
Joy Manufacturing'Co
Wednesday
Jan. 27
:
Jan. 28
Jan. 29
f pef'sHkre- •! -r-: :>\-$'per sfo&tiyV ■'■"■if ptr'-eJiare
.
,
$ per share i
*8%^ -8%
*203/a
No-par
preferred—!—■_
Tuesday
| Jan. 26
$ pkr share
Joliet <fe Chicago RR1 sttfmped--—100
Jones & Laughlin Steel corn—No par
.5
98
12%
1057 V
*4474
.
,«!/;> 3774; 3f7%
102% 102 %
Johnson At Jcfhnson Comhibni—I2Va" >
*,24V2t 125 /
4% 2nd preferred series A"_
100
*100% 103
0
40% Jan
Co-Inc
*135%
4974
2074
33A^' cumulative preferred--—100
Johns Mahville Corp cdm^
-No par
22
Jan
Tea
136
48%-
*59%
Jaeger Machine Co common—No par
Jersey* Cent :Pwr & 1st 4% i>fd„_100
"Jan:>0*
34 %
89
2
*135'%
*24%
(F'I)'Co—1
! Jacobs
30
Jari "29
Jari
"
Dec
.
1234'
105%
3%
*20
1
YORK
1.600
5,800
76%
27%
3%
V*
4874
*95
98
M
10574
1374
Par
29
443/4 Jan
26
Oct
145
27% May
,
20
125%
Dec
*12
1374
exchange
974 Jan
203/4-Jan
14*
Sep
24%
86%
25%
22
Jan
104%
NEW
6%
27%
3%
1
preferred
.
6%
76%
26%
No par
common,
$ per share<
6f
53
Dec
37
Feb
104%
39% May
89.'
$ per share
24% July
Dec
80%
Range since Jan. -1
■
Highest'
Lowest.
990
27%
27
Nd par
—
8,100
6%
%
37a
136
4774
STOCKS
Year 1947
$ per share
*32 74
—25
Stores.
Coal
8974
166%
28
27%
*7
2634
441%
48%
—
Dept
Creek
Range for Previous
.
Lowest
:J±
Intertype Corp
Island
52%
_i_25
common
*95
12%
107
*44
Telep & Teleg—Nd par
ctfs
!_NTo par
5
30
NO par
No par
share
78'Va
500
219
78%
6%
6%
27 v8
6,400
69 Va
166
3:%
*135%
47%'
.
'
International
2
>
Z.
preferred
6%
26%
10
1274
12%
1.900
165%
90%
165
900
3%
219
222
69 %
89'A
165%
27 %
3%
267 a"
136
Al
98
12%
*105%
3%
27%'
"
135%
47%
*95
No par
3%
27
137'%
47%
Int'l Rys of Cent Amer com„No par
5%
preferred
100
preferred
3%
27
*136
100
Paper Co com'——15
16
Apr
222
2217/a
■
1,300
102
3
13
2,800
6%
45%
*100%
3%
17%
16%
6%
9,36o
'
116
Jan
12%
*l6Vs
78%
*76%-
3
3%
3974
45
102
*100%
102
800
130
158
16%
7Va
88%
27
26-%
78%
2,800
39%
45»/2
164 %
6%
*6%
27
46
130
.16%
'
*67/a'
45%
3 Va
2217a
89
166%
16
1,400
1,600
*153
6%
-
12%
226
88
165%
6%
26%
80
Dec
40% May
6%
27
May
37%
6%
26%
!.
;T2%
220
88%
166%
*76%
3%
12%
87%
*100%
"
397%
45 %
;
22%
15%
45%
;
158
39%
1,500
2274
1574
'•
130
*153
39%
16%
6%
45'/4"
102
.3
165 %
5
9
46%
88 Va
166
J.00
common
104
$4
231'
*227%
No par
common
16
7Va'
45
*100%
12%
158
38%
15%
+
lblVz
127
*153-.
3874
45
101
12 y8
;
Preferred
'
101
*124'%
158
| *6%-
3%
of Canada
International
103
.
3%
preferred
Int'l
9
21
44%
3%
preferred
:
__!
International Mining; Corp.
5
Feb
7%
*44'%
—Nd par
Machine!!—
Nd par
Irbn
15 3
15%
*6%
44%
3 %
Mining & Chem
574
15%
124
•
3774'
No par
4%'
■
37%
>7-V
*101
Hydro-Elefctric Sys class A"„25
36%
Sep
Rubber!
Int'l
Dec
107 7a
7
*43%
——100
37%
15%
15%
1
Int'l
Dec
Dec
20
preferred-
37%
37%
Nd par
com
7
3%
4
Corp
8
26"
Jan
25%
94%
45%
127
7
5974
447V
*153
108
137
443,4
*125
Dec
38% May
44%-
4474
100
May
130% July
4474
44 Va
-
10
1,375-
10%
1074
1534
No par
3/
1074
*1574
44 :•.
44
!
1574
'
1.300
97
28%
27%
107-4'
2274
1074
22.%
No par
100%
Dec
*43
■
10%
22%
1074
Ingersoll-Rand common
6% preferred
28
52.100
'*9574
28% M
28
22%
Inland Steel
22
2,000
32 3a
7074 <71%
97
*9574
27
15 3 V
9
23*
97
20 %r
26%
1574
2
6% Jan
*9574
"
34%
317 V
71%
10%
4074 Jari'
15% Jari
34 3 V
31%
70
/
3474
30%
70
22
130% Jan
44% Jan
3434
30%
1074
*15%
26
Feb
May
1
Co
3474
3074
*08'
-
22
15%
2g
Jan
6
>
,v
!: 15%
Jan
Nov
186%
Mex, S A
Jan
1774
Dec
De
34%
3074
"
26
37
50
Jan
97 %
97%
25%
May
70
*95%
*95%
12% May
6% Sep
163
*68:
70
100
35 y2
9% May
192% Apr
2974
68
125
Oct
8%
297'8
67 %
.
1000
series A
Industrial Rayon—
Feb
33
34%. .3474
29%
68 :
Indianapolis Power & Light—No par
28
50
12%
4%
RR stock ctfs
9
Jan
x35% May
34%
29%
*67
Illinois Terminal RR Co>—
7% May
lines
34%
287/b
100
93'
34%
34%
Illinois Central RR Co common^_100
10
327a
12,400
84%>8&>
700
3674M:36%
7,300
*'15 %"
15%
500
*9.274
93
K
14
Jun
2274
Feb
15% Jan
24
1774 Jan
Kalamazoo Stove & Furniture!
2
Kansas
94
Dec
108% Mar
16
91
Jan
7
93% Jan
257A Jan
19
29% Jan
2
51
19
54'. Jan
5
13«
10
City Power & Lt Co— »:■>.
preferred
;
.—..100
3.8%
May
47% May
29%
1374 May
18
Nov
15% Jan
22
16% Jan
15*
207a May
13.7i Jan
26%
preferred—.——108
Kayser (Julius)-& Co
5
Feb
227V Jan
30
247V Jan
10 '
21%
Oct
Kelsey Hayes Wheel
183/a Jan
26
2.1.%' Jan
2
Class
Jan
2
Kennecott
42% Jan
21
*92
Dec
58% July
Jan
41% May
52%
Jan
45
Jan
39
Apr
49 %
Feb
41
Jan
5
217V
Dec
277V
Feb
20%' Jan
20
97
14'
103
Dec
1167V
Feb
Jan
26
49
23
Jan
8
103% Jan
17
11-74 May
20
Feb
13% Jan
13
137a Jan
85
Jan
70
Jan
19
75
38 7a
Oct
30% Jan
14"
3474 Jan
Jun
90
May
Dec
v
102 %
Aug
91% Jan
Kansas City
4%
95
Jan
2
2<
-
4%
40%
Kinney
Jan
20
40
Oct
36
Jan
24
38% Jan
2
Feb
Kresge
48
Jan
22
497V Jan
5
Kress
Apr
527V
Oct
x44
Jan
46% Jan
2
conv
*25 7a
Corp com
2nd preferred
(S 3)
H)
Kroger Co
No
51%
15%
1834
4574
45'4
41 %
427V
21
21
par
*
No par
_'_100
*98'%
/ M 45
4574
•41%".
21'.
*12 TV
13%
73%
*72
*31%
31%
987%
*92
ser__100
!=__10
9374
94
36
48 % <
Nopar
4474
44 74
''
1274
16
457a
45 74 C
20 %
457V
46%-:
42%
2174r
99%
997%:
99%
*12%
13%:
*12%
*42 7a
427%
'21%'
13%
31
144%
4574
30%
*93%
'
.
■
20%
■100
100
600
400
900
203a
3,100
*12%
13%
467a
400
V
' '
1,800
100 Va
200
13%
•/
—
*
12
72
V>>
7174-
72
313/a
31
%t:
31%
3134
94
'94
3674
36
367a
48%
49
49%
*93%
36%
49%
x44
9,800
43
21%
3074 ■
94-
3674"
3674
48%
7,800
'
16
73%
*72
MM'.
94
3674
48 74
•
23%
227V
20%:
42 TA:
48%
447a.
16
24%
20
2174*
367%
447%
.
*15%
*23'A
20
45%'
73%
!•.;:, 94-
94
16
2374
19
42 74
*36
487V
51%
99%
307V
■
28%
5174''
2174
*72
317%
27%
5174
20%
*4774
36
No par
*
13%
;
28 %:
51%
'
v
45%-
99%
737%
307V
277V
*4374
*42%
:,';v 21
2174
*1274
*71%
19%
45 74
43'
98%
99%
19,
30
27%
23%
*15%
1574
2374 '
•'
:
:
5174
27"
*51
*15 J/2
23-
1874
93
*92
93%
*92
*22
15%
23
19%
—10
(The)_:
27
51%:
157V
—No par
Co'___
26
23
23
No par
Co
&
93%
26'a
.
157V
157a
51*74*
257V
*51
157a
93 %'
*18%
Co common———1
Cumulative preferred 4%
(S
51%
*15%
1
(G R)
25 74
*51
class A—1
$5 prior preferred
Koppers Co Inc common
59
28
No par
B
conv
1
Jun
5
com
Kimberly-Clark
Jan
34
45
Southern
non-cum
Copper
Keystone Steel & Wire Co
2
65 Vs
25
,
157V'
93%'
•
44
44%
;.i.v
45
■
40
3,400
94%
120
36%
1,300
*49%
50
700
,*44%
.45
1,600
L
47a May
207a
10
7
Feb
474 Jan
Dec
9
14
Ja!n
9
7% Jan
26
10% Jan
17
9"
Dec
44
Jan
21% Jan
28
22% Jan
9
Feb
10
23
11
54
May v
49
7%
38
May
% May
21
95
Jun
1474
Jan
56
Dec
Feb
47% Jan
567V
Feb
427V Jan
30%
Feb
24
101
Jan
2
.574 Jan
Jan
27
48
Jan
44
Jan
16
26 % Jan
2
24
Apr
957V Jan
10 '
12%
Feb
10% Jan
21M
1074 Jan
ft
Jun
44 %
Jan
32
26
37% Jan
9
7% May
174 May
/ 874
Feb
3%
Feb
9% May
30%
4
35% Mar
?
357% Mar
Jan
22
6 74 Jan
9
2
274 Jan
30
197V Jan
6
974
Feb
5% Jan
19
Feb
447a Jan
26
see
Consolid 6%
Lane
Lees
Co
4
5%
5%
pfd—75 Pesos'Mex
r 97V
'974
(The)
Bryant
472%
Lee
1
Light Co
j
Nopar
common
preferred
Rubbef
&
(James)
50
Tire
L_5
& Sons
Co
*21%s.
*10
49
*42%
3
24'
3.85% cumulative preferred-—'100
Lehigh Coal & Navigation Co——10
Lehigh Portland Cement
*
25
*32-
com_
*95-
,
Lehigh Valley RR
Lehigh Valley Coal
10%
—_50
1
com
10 % Jan
page 24
22
23% Jan
30
;774 Jan
30
49% Jan
ft '
11% Jan
5
preferred-——50
57^
.
$3 non-cum
preferred—No
1st
50c non-cuni 2nd
par
pfd——No par
Lehman Corp (The)
Lehn & Fink Prod Corp
1%
*20
*21'
*6
1
*
—
5%
-
21%
*47
;
Nopar
Non-cumulative
257V
For footnotes
29"
174 Jan
507V
Jan
Jan
5% Jan
14% May
57a Jun
24
96
Gas
■
3874 May
10% Dec
Feb
La
Lambert
30
•6
Laclede
*4 4 74
5
1074
21%
-.21%
IOV2
10%
49
•
21%
21%
10'/2
*9%
10
2174:!:-
2174
2174
22%
1,500
107%'
1074
107 V
107 V
U
1,400
47%
477a
*42%
43%
*42
74"
44
43 74"
4374
*24'
2474
*24
7%
25
251
25
96
*95%"
217V
'
'•*
40
*46
9574
1074
10%:
1C%
10%'
33
33
34
34
2%
*20
57V
2%
5%'
2
74
*20
21 Vz
21%*.
40
2174
*21%
6 V2
96
.
534*
574
2% *
2%
40
*30
22
•22
574
2 %
40
22%
6%
*6S4
67V
6%
67V
44-%
45
44%
45%
45%
4574
4574
46%
1074
1034
1034
1034
10%
10%
11
11
11
*6'A
672
*
.
48
4374
M
120
96
1074
<
1074
34
34
*574'
2%
*35%
22'%
7'A
46
*1074
400
400
-
25
*95%
96
10%
45
67'2
47%
*24%
>
,
4*374
477%
327'8
57a'
.
2%
2
.
10%
10%
3274
57g^
57a
*20
47%
3274-
*95%
96
10%
11,300
10 Va
24
'
574
5%.
*9%
2174
5%.
43
32
'
5%
5 74
10%
107%
*'4k
*95
'
10%
217V
*9%
43
96
17'8
5 %
9,%'
24
33
'57a
5%
9'%
*47%
.
24
40
5%
9%
*21JA
*10%
107'2
43%
5'A
9%
300
30
4
4,200
1,100
574
2,400
274
15,200
40
23%
2,000
734
1,600
4674
2,600
11
1.000
:
COMMERCIAL &
THE
Number 4669
167
Volume
FINANCIAL
NEW YORK! STOCK
(559)
CHRONICLE
RECORD
•
Range for
.'-S
Pk*eVioUs
Range since Tan'. 1- ! V
Highest- 't
Year 1947
Lowest
17
25
May
29% Mar
78"
•
11
10
Apr
24% Aug
Ja
91
Libby McNeill & Libby—
2'
Life Savers
Jan-
8>
Liggjett & Myers Tobacco com—25
2
Jan.
yi/4 Jftu
Jail
Dec
59
Dec
2w% Jan
Jan
2174? Jan
Feb
41
13
Jan- 13
28/
66-
22
337a Jaia
/!;'.72374 Jan
22
9;
Co.—
1874
1874
18 7a
1874
18%
18%
1,200
5174
51%
5074
5174
517a
5174
4,200
974
9%
5,600
6
83>
2
1674 Jam 29!
Lockheed
22
18% Jail
2
Feb
61 % Jan
26
68 i/e Jai>
5
Lone
Oct
231/4 Jan
16
25% Jan
5
21%
Jan
18% Jan
14
19
5:
Lorillard
Kv% Jan
% Jail
(P)
Co
Jan
27
Jan
23
23%. Jail
14'
Louisville
Gas5 &
4478 Jail
8
Louisville
&
9'
Lowenstein* (M)
Feb
x42 Va Jan
Oct
231/4 Jan
22
2574 Jail
Aug
94
30
96% Jan
Jan
7r!o
15
217/8 Jan
Oct'
preferred
4%%
22
24% Jan
8
Jan
27
40
2
Lukens
Mar
41
Nov
Nov
152
Apr
60
Oct
4174 May
"
28
36% Jail
Macy
2
101'% Jan
33
Jan
Jan
1674
Apr
Dec
187'4
17 74 Jan
Aug
20
27
407b
97a
974
1274
Jan
8
Dec
147a
Feb
9
2274
Dec
32%
Feb
Jan
74 J
23 7b Jan
2
Manati
Mandel
26
29
Jan
Manhattan
7
817a,,
1674
1674
1574
1674
10,300
16 7/s
1774
1774
17%
1674
1774
19,300
2,200
17
63 7a
647a
64%
647a
65%
647a
64'/a
2374
2374
2374
*23%
24
23%
24
1,400
18%
18%
1874
187B
18%
19'
1874
19
1874
1874
3,600
149
147 74
149
*146 7a
*22'
427a
2274
*22
43
2274
*22
43%
x42 7b
43
24
96
38
*36
38
143
*136
3 7a
Jan
Dec
6% May
6 % Jan
9
77a Jan
27
x213/8 Jan
28
23 % Jan
14
Marathon
Oil
*1174
177b
177a
177a
17 7»
17%
m
11%
*117s
1174
11
1174
—50
%
8
*23
24
*480
2374
2374
8%
Feb
5
7%. Jan
8
Marine
Midland
1674
Dec
15 % Jail
6
16% Jan
23
Market
St
Feb
24
Jan
22
26% Jan
C
97%
Dec
14
6% Jail
6
101% Jan
23
2
18% Jan
19
97
Jan
34
Jan
14 7a Jan
111% July
May
Marshall
Ry
prior
Co
&
(Glenn
24%
Oct
18
Jail
22
19% Jail
16
63%
Jan
55
Jan
26
60% Jan
12
267 b
Nov
21% Jan
27
24
Jail
13
Master
2474 May
35%
Nov
'■su',2 Jaii
23
33
Jan
9
Jan
12
176
Jan
26
Dec
39 7b May
88
Jan
190
49 7 b
3874 Jan
26
41% Jan
30
Feb
85 74 Jan
28
o9.% Jail
16
85
Dec
82
•
106
100% Aug
Dec
97% Mar
7 74 May
42
Jun
50
113
29
89
% Jan
12
$3 75
28
85
Jail
13
$3.40
Jan
15
10% Jan
5
43% Jan
23
21
$3
43
J a 11
Jan
111
Jan
15
Jan
9
Jan
36
Jan
28
41% Jail
12
McCall
McCrory
112
$6
24
May
-33%
Feb
26
Jan
28
28% Jan
14
82
Dec
107%
Feb
88
Jan
5
91% Jan
29
Stores
35
Mai-
45%
Oct
39
Jan
30
4274 Jan
15
McGraw
24
May
32
Feb
26% Jan
26
-28% Jan
12
46
Dec
56%
Feb
45
Jan
23
Jan
10
30% May
87
Dec
44
21%
33
Jan
Feb
87
Jan
Feb
19% Jail
21% Jan
5
26
% J'11
7
24% Jan
2
>
12
/»
16 %
May
23%
Oct
18% Jan
22
20'
Jan
Jun
105%
Feb
91% Jail
29
94'
Jan
20
-
16
50
Feb
39% Jail
28
41% Jan
12
4r,'o
May
25%
Jan
22% Jan
20
24
Jan
10
Melville
May
40%
24%
Jan
16% Jan
19
18% Jan
5
Feb
54% Jan
19
57% Jan
6
Jan
12% Jan
28
14''/a Jan
2
Dec
55% May
73
13%
19%
May!;
,
2nd
Co
Mengel
5'/o
47% Jan
97%
13
487< Jan
21
Merch
&
Min
Jan
48
Jan
23
53
Jan
9
Merck
&
Co
88
Jan
10
90% Jail
27
28
22% Jail
9
,T->n
37% Jan
22
'41% Jan
' 5
111% Aug
.7Mav
43% Jan
65%
Dec
95% Jan
2IJ
101
Jan
8
4"*J4
Dec
$3.50 cum
227a
227a
22 7a
227a
2,000
31
3174
3174
31
31%
1,200
175
175
*175
178
5
Metropolitan
39
39%
3974
88
87
&7
85%
867a
8774?
87
*86
87
87
*83
85
*83
85
*83
10
10
*10%
1074
8672
*267s
90
Ino
*39 7B
40
27
*26 7a
27
4774
*4674
4774
3974
3974
2674
2674
*26 7a
45%
46'
46 7a
*9272
191/2
,
337B
33
93 %
93%
*92
19%
197a
19
23
22
19-
19
*92 7a
93
*92
*9^/2
9372
*40
•
Lowest
Highest
$ per share
V.
NEW
v
22
16
Jan
2
26
46% Jan
2
Mid-Continent
•297b May
136%
4574 NOV
Mar
38
Jan
Jan
Jan
41*
28
133
156
Jun
13,
22
12
Jail
19
13%
66 %
Jan
Jan
50
Jan
19
547*8 Jan
2
84%
Dec
1147i
Feb
8872 Jail
5
93
Jan
21
51!
Apr
70%
Dec
61% Jari 30
70
Jan
,
99
Dec
104
102%
Dec
May.
7
15
D6c
Jan
28;i
123
37s May
11 %
1017a Jan
49 74 Jan
118'% Jan
$4
2
Feb
4% Jan
22
5%- Jan
5
Feb
1574 Jan
22
17% Jan
337b
93
20
20
20
20
23
23
22 7a
22%
*22
23
500
19%
19%
19 74
197a
xl9
19
2,100
92 7b
927a
9174
927a
*90 7a
41
x40
1972
22 7a
7a,
..
v
Jan
37-%.'Jan
Feb
972 Jan
32
Feb
6374
Feb
22 7a
227a
223/a
2.100
16%
16 74
17%
1674
17
1,700
*55
137b
56 7a
*5574
567a
*55 74
4874
*55
57
12%
12%
4874
48%
48%
49%
49 74
48
48
9074
9074
xl9%
1974
*19 74
2074
*90
21
21
48
48
90%
3874
3874
3874
3974
*9672
98
97
97
96
96%
AND
957a
Tuesday
Jan. 27
Jan.28
Feb
Monarch
Machine
Jan
16
6474
Feb
5078 Jail
54 7b- Jan
9
Montgomery
Dec
137a Jan 21->
157b Jan
5
Moore-McCormack Lines
May
27%
Dec
26
Jail
6
27
Jan
9
9 72 May
14%
Nov
1174 Jan
23,
13% Jan
5
Morrelll(John) & Co__
Motorola, Inc ;
—!__
24
17 '
2774 Oct
Jan
20% Jan
22
19% May
2774
Feb
197/8 Jan
24
17% May
,
25 '
Mar
1772 Jan
24
May
,
Jan
2
20% Jan
2
,7 19% Jan
9
25
preferred
$3.25
Products
Motor
Wheel
Mueller
series
Ward
Motor
*
Brass
1272
52%
12%
1274
1274
12%
12%
1274
127a
1274
127a
1274
4,000
52
51%
5174
*51
1,400
92
92%
9274
*92 7a
64
63
63
51%
9274
64 74
647a
*101
4%
=
-
2772
Oct
22
Jan
13"-
107%.M&r
105
Jan
22"
10
May
1574
Nov
13*72 Jan
6
35
Apr
405/s
Feb
35% Jan
23-
10774
Dec
112
;
Jan
:
"
9T'«
Dec
16%
3774
Jan
5072
Jun
..
2
5
Jan
10
108
*"
Mullins
$7
Mfg Co? class R
1674
1674
3874
39%
40
25%
55
1097*.
507*
*2674,
.
UVa
*227+
197a
1974
177*4:
Murphy- Co- (G C)
111;
5
Jan
22
17'.. ■( Jan
7
;
2
4%,%
22%
22.74:
22 7*
preferred—^
4174 Jan
29-
42%
Jan
16
23-
557b Jan
5
Myers
Feb
16% Jan
21
17% Jan
2
Nash-Kelvinator
19%
.
(F E) & Bros—
*10574
107
1474-
267a
*26 7b
26%
267a
26%
117a
2274 :•
*11%
12
12
12
12
12 7a
1,100
247*
2474
2474
24%
25
2,600
20
20 74
22%
2274
107
22%,
*106
1374:
*1374
3674
*36
No par
*41%
43
*50
52 v
1474
111
*41
42 74
52
*1774
237a
1077a
1374
14%
:
:f
is
23%
*106
*1374
1374
*13%
3674
3.674
*109 7a
110
110
1574
'••:/:/ 15
*41%
41%'
*50%
.
52%
50%'
50 7B'
16%
1674
16%
17%
2374
24
24
24%
27
277a
27
27
,
v
*26 7B
20747
2074
18
23%
*36,
42
*41
-
20
1077a'
*106-
Ill
14%
C
.
3674?
*110
14%
*5074
?
20
1874/,'.
1374
*10974
23
1974
1774
*3574
15
?
19%
.
137s
111
12,400
5274
1474
3674
'14%
15
51%
1474
*1354
*10072
300
52%
1474
517a
147a
*3574
;
5l5/8
5074
1
—100
500
6,600
56
114
*111
113
900
■?
14%
ll! 74:
18%.
*10574
par
—
Murray Corp of America com
10
4%
preferred.
———50
507b Jan
#
Jan
common.
1
*111
55 7a
5574
55 74
5574
112
*109
25
5174
*267s
1974
1774
5474
55
*24%
2474
390
10
10
1074
24%
1474?
117a
2274
197b
257a
109 74
*10
6,700
50%
-
.2674
11%
10%
25
547a
14%
267a
10
25
109
5074
13%
10
*2474
-
14
38%
3874
*9%.
;.-:■'/■
10
38%
38
38%
il—5
Munsingwear Inc__—„-
Jan
147a Jan
56-
i__
preferredv-1—__^___d—.No
1474 Jan 21
37
Dfec
4474
,
-107%. Jan
25% Jan
4,500
17 74
40
"
14% May
1027a Apr
5
4%
16%
54 74
22?
4%
5%
4%
16%
507b
22 %.
5,000
4%
177a
V'
5
5074
1574
U%
__—_l
Co
4974
474
2274
Corp—___No par
Corp—
80
507a
1674
*2674.
3
14%
1157a
474
25
10974
1474
115%
15%
14
—Nopar
—
*974
112
450
8,400
1474
11674
74
4
5074
com_5
2,000
1017a
*101
50
5074
50
507a
180
62
1574
*3774
*10974
No par
new
387b
*9% 7 972
*25%
26
497a
93
61 %
101
1474
116
xllG
527a
93
7a
*115
147b
1374
13%
117
101
52
93
627a
52
62 \'i
1017B'!'.,
101
1017a
13%
*116
497a
15 74
5574
*101 7b
1-35/b
117
■472
1574
*53%
92
*62 7a
1017a
13%
47B
A__-No par
Co,
&
•5174
517a
92%
157B
.
13372
"
65
.^.100
5
60
13%
2,400
No par
No par
800
' 1347a
*133
134
15
49.7t
com
2,100
'6,000
14%
*11674
Took—:
Chemical Co
15
43
40
1474
9274
*37%
.
14%:
4974
.1.25
39%
134
share
40
43
14%
11574
r—20
38
Shares
4274
15
15
417a
for
the Week
133%
4972
Inc
•
Sales
Friday
Jan.30
$ per
14%
7115%
Hosiery Co
350
1337a
10
com
97
14
*6474
527z
97
137a
.No. par
preferred series A
Monsanto
1337a
95%
100
1374
*132%'
1372
Mojud
2
74
*3774
400
91
13
13374
1007B
Mohawk Carpet Mills——)
12
39
38
39
3914
1474
1474
,4174
13%
5
Jan
1474
40%
100%
5
27
14%
4174
1
com
Jan
115
1474
4074
*92
100
;
Corp.
17%
109
*12
3
com—
Dec
1572
No par
1474
41
134
39
39 7a
14%
40 %
*37%
1,000
3974
Jan. 29
15-
39'
1374
_No par
vtc
May
49
39
133%
20 74
$ per share
$ per share
$ per share
$ per share
207b
Thursday
Wednesday
Jan.20
41%
; 41
4974
*8814
20
95 7a
96
Monday
$ per share
.,*14%
1,000
4974
50
91
PRICES
SALE
HIGH
4,100
*39 74
3974
*39
3974
5,100
/:
20
49 7a
19%
19%
4874
*88
91
*90
137*
*4874
13
4874
9074
48 %
1374
12 7a
4874
70
56 7a
*■5574
55%
13 74
4874
4874
4874
48%
*89
557a
56%
13
13%
13%
137a
*47
Jan
7 61% Jan
1,100
22 7a
.No par
RR
40
*3974
1674
11
5474 Jan
12872
7Vo
110
92
2274
Nc par
i
Mo-Kan-Texas
900
3974
44
23
247a Jan
49 % May
11074 May
>
200
94
*92
93
16 7a
10
Impl
2.100
3974
No par
Power
3374
227a
Saturday
$6.50 preferred
Mission
2
13%
Moline
33%
33%
167a
.-iOO
Regul
2,100
19%
pfd.100
pfd series A
conv
4774
407a
227a
LOW
A
477a
95
*93
19 7a
*3872
com
M
preferred
Minn
7
53% Jan
26
5172
Sep
3.20^
9
11572j Jan 30
Oct
SS
200
4774
x47 74
1
pfd
Minn-Honeywell
28
157b Jan
8
May
23%
2
2.2
25%
May
3274 May
4!
Jan
&
500
27
*2674
27
1672
No par
Minn Min & Mfg
5
13% Jan
Oct
567s
Mar
99
P
St
27
22 72
Jan. 24
Minn
Jan
Feb
390
39%
40
—1
Minneap & St Louis Ry
13
147a
47% May 7
Prod
1.200
90
39
1674
5
1st
cum
27
90
40
STOCK
2
1572 Nov
1078 May
674 May
.8%
2674
917a
40
*39 7b
v
227a
^No par
3.907o
2
26%
897a
z
40
No par
5
800
167a
Petroleum
Steel
Midland
9
15% Jan
20
36
50
3%
Co
13774 Jan
112
36
227a
Miami Copper
4072 Jan
112
36
33 7s
33
/
95
*
147s Jan
Dec
112
1672
Par
187s Mar
4872
Apr
100
227b
$ per share
$ per share
1274 May
33
i
800
93%
j
l";
%V
7b,/
5
YORK
*4274
43
80
1074
44
10%
4172
EXCHANGE
Highest
360
84
22%
;
Inc
Scott
Edison
.90
89
337b
19
*22
2674
26
86
197a
33 7B
96,
19%
22 7b ! 22 7b
1974
19 74
*
47
33,%
337s
,
1
common
&
40
27
No par
1
Transp
90
4074
*4472
50
Co
267a
88%
*26
comiiC.18
,
2674-
-
30
857b
*82 7a
267a
36
88 7a
*39 7a
4,700
87
*86
10%
,'
240
4174
3B;
*11172
112
2674
*3974
5
k:
36
*2674
277b
*8872
No par
—
*43
*111
3674
3674
£8 7a
1
Mines
44
112
*357a
84
43
4374
*43
85
107a.
107a
*1074
86 74
*82 7a
3674
37
100
com
83
*111
112
*111
112
*367b
88
8274
1074
10 7b
43%
*4074
43'
*4174
*111
*86 74
85
,
178
407a
407a
8674
85
39%
-3874
•5674
*175
39 74
*8674
'
178
*17-5
178
*175
88
*8674
Nopar
.
40
38%
38%
„
176
175
STOCKS
Range since Jan; 1/
Year 1947
$ per share
1,300
22%
307a
preferred'
Range for Previous
Lowest
5674
2274
Machine Co
Mesta
5674
55
w_—1
1
Merrltt-Chapman
5674
1,900
30
30
Nopar
Co
Inc
55
5,000
19
22 74
Co
Stores
103% Mar
Mar
83
19
30
30
Corp
19 % Jail
41
43 74 May
1774
18%
30%
(The) common
1st preferred
conv
Mercantile
1774
18%
29%
Nopar
preferred..
Shoe
17%
187a
1874-
Norris Mfg Co^il—
10
Mead Corp common
—No par
474'/»
preferred——
100
19
1774
187a
No par
Robbins
Stores
17
5572
Co
preferred
100
.17%
177b
217b
Mc-Quay
5
88%
$4
McLellan
1017a
1017a
*547a
No par
Corp
Pub
<fe
McKesson
167a
600
1017a
101 7a- 1017a
2,600
25 74
22%
Nopar
Porcupine
Mclntyre
12
93% Jan
26
7 31 %' Feb
34% Jan
5f.
25%
Dec
Jan
105%
i
17%, May
48
1017a
103:
*1017a
177a
7%
167a
24%
1874
common
Electric
1017a
7
*16
25
24 7a
2474
56
preferred
McGraw-Hill
5,300
7%
*16
16%
,
:
24
16%
7 7b
7%
*16
i
300
23
Nopar
conv
2,100
1874
com
Corp
37i7c
21%
55
Co common
preferred:
1st. cum pfd__—
487i
35 74 May
21%
22
21%
2174'
300
23%
pfd—
cum
14,200
1874
pfd 1947 series_.No par
cum
7%
5674
Maytag
10
Jan
108 % Mar
Jan
774
24
5674'
*i&
100
Stores
Dept
77B
974
*9
*2278'
$3:75 preferred
8274 Jan
Nov
1474
May
7 74
7
7
7 7a
2474
1674
1774
*23 7b
X2174
167b
16 7b
Od.
1017a
102
23%
1
<;
preferred
7'U
Feb
Dec
85
175
24 7a
974
23 7a
18 7b
No par
Co
Alkali Wks
Matliieson
171/4
24
*9 7b
No par
Martin-Parry Corp
Masonite Corp.
1874 July
Electric
*10172
1
Co
167B
247b
247b
6%
16%
2,500
8
9%
2374
7
67/8,
7
7
7 7b
167b
7
87B
87b
:
8 74
400
550
*480
8 7b
22
22
22 %
2274
•
r.
500
1174
*11.
,
100
1,400
18
9%
2374
67b
7
674
7
22 72
167a
No par
100
L)
14% May
.
5
100
pfd
com
preferred
Martin
39 7a May
175
6%
'H 2272
Corp.—
6%
Field
474 7a
_1
6.25
1774
*1774
11%
2,600
1174
2374
97 b?
*9 7b
3374
1174
550
*480
•
3,100
100
100
1174
*11.
1174
497a
3374
3374
1774
1774
550 7
87B
t} 8
9%
*23 7a
1
-
7*
1774
700
37
103
1174
*11
550
*480
550
8
*9
550
;
——-_5
*480
8 72
974
*480
k'-l
337a
1174
10
2,900
145
49
■
50 7b
*100
103
*35
*140
37
49 34
33 %
33
11%
*17%
,
34%
:
23%
143
*136
49%
*100
1174
12%
Exploration
May
9
94
23
1,700
1,100
24 7a
94
*35%
36
33%
1174-
1274
*11%
*9
Corp
22% May
2374
143
103
*100
103
*100
36
48%
4872
33 7b
34
33%
34
103
Shirt
Maracaibo
Feb
7
27%
•
24 7b
*94'
'
197b May
247a
23%
x24 7a
23%
*136
143
48
48%
48
23
42%
4274
96
24%
96
367a
36
*136
48%
150
148
*2274
•
4274
42 74
*2474
247a
237b
42 74
*94
.96
24
23
23'
*22 7e
23
'
x23 7b
24
*94
2374
23%
*94
149
149
*147
149
149
143
34
—
200
81%
167a
2374
2274
48 7»
i.„__No par
1,900
83
*81
83
16
*81%
6174
*100
Co——
RR
Bros
2,500
2174
177b
1574
No par
Co—1
Sugar
13
:
'.
17
23%
*136
;_1
1,300
31%
2174
i
167b
83!
*8172
15%
—10
Coal
9%; Jan
9% Jan
r
83
60
31
*58
60
*58
6374
100
Magma Copper
26
a
21%
/,
24
—No par
Magnavox Co- (The)
Mahoning
May
9 74
3174.
21%
16%
96
*367?
No par
Garden,
18 Vb Jan
jJan
317s.
2174
•
100
A_
12
^/jt^jjan 16
31
2174 ;
61%
149
22%
10
com
com
series
59
3J.!
22
18%
23%
•
Co Inc
pfd
59'
31
2174
23%
16%
*94
1
607a
297b
6,900
9%
237a
22%
10Q
597?
3074
140
500
41
9%
597a
1,500
87
170
41
10
300
36%
87
*168%
41'
40'7b-
•22%
157a
42%
A
170%
17074
*3974
40
8874
170 74
*35%
36%
88%
17074
172
9%;:
*35%
64
*42
1
Madison-Square
Dec
500
(R Hi
474%
12% Jan
1) 74 Jan
21% Mar
10%
*
974
*81%
15%
*22
1
Mack Trucks Inc
100
*14672
.—10
Forbes
&
527s Jail
Jan
Feb
series
preferred
83
50
Sons Inc: com—1
&
M
MacAndrews
6%
26
15%
Jan-
.
Jan
11% May
•'c Jun
.
„
Mar
111
Dec
36
•:
48
41%
30 7b May
,9 74
97a
29%2274
No par
Co
StM
34
134
89'
?9%
9%'
597a
217b
974
974
3574
89
9%
*169
40
97b
30%
1874-
—.100
Electric A
pfd
Steel
>
—10
Nashville
cum
'
__No par
.1
Jan
26%
17074
*39 7a
60
15 72
1674
*63%
2372
1
No par
Corp.
common
22
149i
<
No par
_._.
Cement
141
29%
53
13% May
lnc
Star
Jan
101%
Dec!
Dec
Loew's
Jan
6:
28
171/2 May
35%
89
974
■90
170
217b
!
100
Long Bell Lumber A
291/s
897a
36
887a
35
35
83
,
No par
Corp——i—J:
Aircraft
Feb
172
36
9%
•V.*". 9%.
9%
60*
307a
No-'par
28%
"
97a
36%
90
974
—No par
Liquid'. Carbonid Corp com
37a %
preferreda
9
Jan-
Belt
27
_
Dec
6
5
187a
517a
40
Liom Oil
share
18%
5074
i*39
Link-
i'2
$ per
187b
51%'
Lily-Tulip Cup Corp,_i__-!-_--No par
Lima-Hamiltoh Corp ——1——5
>'
.
18%
5074
17f
„i
slLare
Shares
187b
*170
preferred
79%
Dec
455
!'
$ per
S-per share
$ per share
the Week
51'%
L100
7%
29
Jan
1078 Ja..
e
•
79% Jan
13% Jan'
Feb
20
Dec
•
7
a;
i
Jan.80
$ per share
for
Sales
"
Friday
Jan. 21)'
5174
;
974
*357**
»" *88
Libbey Owens-Ford Glass—No par
Corp—-,
Thursday
Jan. 26
<!■'• 18 7a-
No par
:
Wednesday
Jan. 27
•
38
3074
121/4 May
17% Apr
99 74
i
$ per share
For
'
.,
1731/2 Jan
r
1
109'/4
58 % May
39%
5
9% Jaiv
30
35Va
10% May
93
,
Tuesday
Jan.26
Jan. 24
38% Jan
21
261
Jan
63
,:
Dec
217a
-
PRICES
SALE
HIGH
AND
Monday
Saturday
i
7
91
Jan
170
Aug
12%\JLo
19% May
137%
«
,
,
Lerner Stores Corp
12
56% Jan
26
35
•
x48
,
47
18%
(9% Jan
19 % Jan
87
Oct
Jan
191 •>/4 .muv
Dec
78 Va
50% Jan
$ per share
.
2
'
STOCK
YORK
EXCHANGE
'
Dec
33 % May
17%. Jan
*
Apr
40%
96%
•
May
109
Feb
<-
59%- Feb
46% May
'8: •• May
'
$ per share
$ per share
$ per share
■
NEW
Lowest
Highest
-/'■/~
LOW
STOCKS
'
IS
'
187a :
1,200
18
1874
1,800
2474
4,700
107 7a
*106
107
*13%
14
111
100
26%
2374
:
2474
3674
6,300
367a
I/
100
14
37
110
110
r
1,000
20
157a
1574
15%
3,900
4174
42
*41
4274
200
%* 50 7a
527a
*50 7a
527a
100
177s
1774
17 7b
1714
11,900
24
24 74
23%
24
15%
N
14
May
19
May
29%
Feb
22% Jan
22
25:% Jan
9
Nashville
21
May
30
Jan
27
27
29
5
National Acme
167a
Jan
8% Jan
6
14
Feb
9% Jan
27-
8 7s
Dec
9 7« May
Jan
1072 May
1674 Feb
24
Jan
34-
Dec
11% Jan
3274 Jan
19
27-
Jan
347* Feb
2874 Jan
23
165
Dec
2172
Jun
187
267a
6
Jun
167
Jan
7
Feb
22
Jan
29-
8
May
13%
Feb
8
Jan
28
33
May
4374
Dec
37
Jan
21
Dec
14%
Jan
8
Dec
15%
Oct
12
77a
13
For footnotes see page
24
•
Jan
33
Jan
22
Jan
Corp
Chatt &
St
'Airlines
974 Jan
29
National
10% Jan
5
National
Automotive
137a Jam 16
National
Aviation
35
Jan
30%
Jan
169
10
5
Jan
19
23% Jan
12
7
&
5
National
Can
5
National
Cash
Jan
7
Nat
13% Jan
2
National
1
16%
2274
*27
1
Inc
974
1
9%
12%
3274
100
'165
Corp
No par
___10
*22
Register.^.
No par
38
Corp
City Lines Inc
Container
878'
2874
168'
22%
8%
38
1
Co
&
8 7B
874
1
12%
1274
16%
22%
4
28
*27
914.
>
914-
9
74
974
9
74
9%
974
9'74
12%
2874
*2774
10
*317%
10
22%
23 74
5
common
I674
1614
28
_4
Corp
Share
Jan
9
Fibres
preferred
Bond
4174 Jan
9
ki._
1
National Battery Co
National Biscuit Co
Nat
.5
Louis—100
Co__:
974.
9%
974
974
974
127b
1274
12%.
1274-
3274'
3274
32%
32%
28%.-
29
29
29%
*165
*22
8
3714
8
127B
'
168
8 74
8
7e
37%
38
8
12%
22 74
*22
8
.
12%
8 74?
38
12%
*32%
29
*165%
168
*165
22%
,
;
*22
8
377b
878
8 74
12%
1274
9%
9%
28
28
*27
9
9%
7a
974
430
300
3,900
10
10
10
2,400
I,900
13 74
13
13 7b
33%
*3274
33 7a
337a
33 7a
300
29%
2974
2974
2874
2974
6,200
13
13
168
168
168
.168
168
23
200
400
2274
*22 74
8 7s
8 7a
8 7a
874
874
4,700
37%
37 7b
37%
37 7a
37%
3,300
22%
«
7B
13 7B
22
8 %
13
8 74
13%
■
814
13
87a
3,100
1314
II,300
•
20
THE
(560)
COMMERCIAL
Rang;e for Previous
STOCKS
Year 1047
Range since Jan. 1
v.-
Lowest
Highest
$ per share
$ per share
Lowest
NEW
Highest
$ per share
YORK
Par
Feb
12 Va Jan
21"
13% Jan
2
National
Jan
27 Vb Jan
30
29
Jan
2
National
14% May
20%
Jan
15 % Jan
20
17 % Jan
2
National
Dept Stores
17% May
23%
Oct
19 V2 Jan
22
21 % Jan
5
National
Distillers
48%
Dec
38 Va Jan
30
25%
Jan
16% Jan
22
Feb
93
30% May
14% May
Dec
107
25% May
43
v
23
35 Va Jan
2
2
172% Jan
14
140
Dec
Sep
165
Jan
136
Dec
167
Jan
136
Jan
Jan
Dec
8%
28
1%
if Dec
9
Nat
,
% Jan
1
Jan
23%
Dec
19% Jan
Natl
Power
90 Va Jan
Jan
23% Jan
Steel
National
Sugar
23 V* Jan
29
National
5
2
National
2
Jan
8
25% Jan
30
6
13% Jan
19
14
11% Jan
7
Natomas
17% Jan
21
6
Nehi
8
Jan
24
28%
Nov
38
Feb
28% Jan
98
Dec
106
Mar
11%
Dec
13
Nov
95% Dec
35% May
22% Dec
X87%
17%
Jun
31% Jan
13
12
98% Jan
12
11% Jan
22
94
Newmont Mining
24% Jan
12
Jan
22
Jan
21
Jan
7
26
•
May
18% May
Oct
Jan
21
Feb
'38
22%
Feb
*
6
22% Jan
Jan
23
41% Jan
New
New York
13 Va Jan'19
50
Dec
42% Jan
26
15% Jan
51% Jan
137
May
Dec
124 'A Jan
28
136 Va Jan
15 % Jan
N
20%
Feb
13
Jan
2
26
Aug
21
Jan
12
21
Jan
12
52
Dec
62%
Jan
49% Jan
19
50
Jan
19
Nov
290
Feb
200
Jan
19
220
Jail
21
Jan
21
25
Jan
Nov
?*%
107
Mar
10% May
16
Sep
Nov
21
21%
215/8
20%
21%
92
93
90%
91
91
91
25
*24 Va
25
25
4
570
24%
24%
24%
24%
13 Vb
13%
13%
13%
13%
133/4
xl3%
13%
*133/4
13%
1,600
11%
12%
11%
11%
11%
11%
11%
11%
*11%
11%
2,600
173/4
1,400
173%
177b
<
14%
104
29 VB
11%
94
7
22%
221%
90
21%
14
2374
88
14
;
(
39
14%
237B
88
'
94
*90
42%
24
88
43
1,400
24 3%
42%
88
237s
'
3,900
11%
11%
11%
42%
41%
243/b
1,500
60
90
*88
'•
2,600
*217a
22
217a
22 ■//:■
213/4
21%
*38
217B
♦38
147B
41%
■:
94
500
-
97%
*96
97%
11%
*90
94
20
:
,29 Va
29 Va
'
21%
39
12
237a
90
:*88
2174
*38
14%
233/4
90
v
217B
39
42
22 7i
*88
217B
*38
42
43%
*96%
977a
1178
*90
600
104%
*103
29 Va
29%
14
*13%
14
104%
*103
29%
*96%
117B
94
17%"
17%
14
.
105
*29%
977B
117B
177B
177a
14
*103
*90
42%
22%
*88
293/4
*96%
:
1174
94
177a
*1378
■'
105
*29%
98
115%
177b
14
*13%
*103
29%
*90
43
173/4
14
105
*97
*11%
43
177B
133%
*103
25
39%
38
38
38
38%
1,100
14%
22,500
14%
147B
143/a
147B
14%
14%
44
425/B
♦124%
128
124%
City Omnibus Corp
No par
*13%
14
137B
13 5%
*1374
14
*13%
14
13 7B
14
York
Y
1,000
25 Va
25
13%
11%
127
No par
*18
21%
*17%
21
*18%
21
*18%
21
*18%
21
*18%
21
No par
*46
51%
*46
51%
*46
51%
*46
51%
*46
51 %
*46
51%
50
*190
Dock
com
common
preferred
non-cum
RR Co
44%
*185
220
220
♦185
433/4
44%
44%
126%
126%
126 %
*185
200
22
200
23
*185
-.
500
127%
600
14
14
220
*180
220
2,400
45
443/4
124%
43
44'%
Hav & Hart RR Co-
Y New
5%
A—
series
;.100
21%
21%
6
91% Jan 17
N Y Power
*893%
21V*
90%
2
17% Jan
N
*153/4
16%
Jan
8
25%
81
Jan
2
Oct
22
Jan
24
23% Jan
35
36 Vb Jan
87
% Jan 22
& Light 3.90% pfd-_100
Shipbldg Corp partlc stock___l
Y
& Gas Corp—
$3.75 cumulative preferred..
Y
Elec
State
6
Noblitt-Sparks Industries
Dec
53%
Jair
Jan
7
5
21%
22%
21%
23
22%
8,400
23
90 %
23
,
64%
Nov
57% Jan
23
61% Jan
5
Norfolk
Dec
30%
Sep
26% Jan
6
28% Jan
13
Dec
33%
Jan
15% Jan
6% May
83% Dec
10%
Feb
115%
Jin
83
J 7 Vo Jan
5
North
10% Jan
28
North
American
Jan
5
87
Jan
17
30%
Nov
27% Jan
22
29% Jan
12
22%
Feb
18 % Jan
23
21% Jan
5
79% Dec
Feb
81% JaU
2
87% Jan
Apr
11% Jan
13
14% Jan
29
19% Aug
25%
Oct
x21% Jan
14.
24% Jan
33
45Va
Jan
33% Jan
2
36
5% Jan
22
'92
Northern
Central Ry Co—
Northern
Natural
Gas
Co
Cum
4.6%
Airlines
Jan
5
Norwich
Pharmacal
30
31% Jan
16
92% Jan
2
99% Jan
29
28 VB Jan
23
33
12
Ohio
17
Oklahoma
29% Jan
111%
Feb
35%
Dec
87%
22%
*86%
22%
35%
V,
*35
7'
;
87 %
10
1,800
16%
86%
86%
20
22%
■■
22
22
35%
•
35%
577B
35%
57%
577B
27
58 %
.,.*26%
58 Va
22%
500
*35'A
27%
353/4
800
57%
35%
36
5774
*2674
15%
93/B
*263/4,
27%
15%
9%
15%
153%
97B
97B
.7.
84 »A
84V»
-v:
27%
27 3
18 Va
86
86
13%
133%
133/a
22%
22%-
2274
36
36
■
16
15%
,
57%
58%
27
5.000
16%
27
*26%
-16%
16%
16%
86
183/4
-
9%
♦85
10%
10%
107g
V"
*84
lOVa
34,900
50
86
*84 Va
86
*843/4
86
4
277B
28
2774
277B
28
28%
28%
28%
13 900
187B
18%
19%
18 7s
19%
19%
19%
19%
20'/b
13,800
861/4
86%
86%
13%
1374
14%
14%
14%
23%
2274
24
23%
24%
"35%
*35%
35%
35%
'
80%
16,100
10%
1
.
273/4
7*86
10
"C
86%
13%
133%
22%
—25'
Telegraph
Jan
*84
No par
<fc
38
*86%
27%
18%
cumulative preferred
Tire
Dec
87%
221/4
*35
15%
9% 7 93/4
7
27%
common
Norwalk
13
*15%
(Minn)—
Int
Northwestern
20
•86%
♦22
57 s%
^10
pfd $3.60 serieg
Northwest
7
Jan
16%
*89%
167a
16
87%
*26%
'.,100
Northern Pacific Ry,
12
7.
1574
22%
35%
15%
l50
Jan
12
153/4
91
1574
i&i.
91
*86%
V
;
577B
*26%
.10
Jan
Feb
Feb
*89%
91
♦89%
16
*21%
871/4
22%
35%
<:
,1
29
13%
;
22
57%
)
^.25
Aviations
14
22%
18%
I-
__25*
com
Northern States Pwr Co
102%
Aug
Dec
90%
.
'
Ry
Co
American
2
Dec
4.
Western
&
27
Dec
15%
"
13 '/a May
Jun
*86%
IOO7
2.50
;
Adjustment preferred
Jan
8
90%
'
•
*
V...
Nopco Chemical Co
Dec
6%
20%
93
42%
56 V*
12
21
93
*123%
33%
11
20%
127
26
25
600
9,700
20%
15
V 100% Aug
Dec
16%
3,600
3,300
22%
92
86 Va Jan.
N
23%
%
873/4
22 %
"
84% Dec
8OV4
%
87%
22%*
88 '
*22
*43%
Preferred
13
18
883/4
%
%
*123%
N Y & Harlem
9
:
N
15%
22%
1,300
100
$5
230
873/4
22%
.
2,700
17
17
20%
No par
,
%
87%
22%
140
7%
7%
-
91%
*90
No par
Louis Co
St
%
87%
22%
.
100
New
N
<Si
%
87
22%
<
7%
17
preferred series A
6%
11 % May
19
Apr
Central
Chic
Y
Brake
Air
%
87%
139%
139 %
139%
7%
17
170
3,500
170
*168
20%
*173/4
„
York
%
*138%
7%
200
5,200
32
31%
31%
170 Va
*168
17
,V
18%
93:
*13 %
20
V« %
139%
7%
17
39
18%
93
91%
Newport Industries common
4
*138%
7%
17
38 Va
*24%
1
preferred
100
Newport News Ship & Dry Dock
l
90
139%
7%
20 =. ;
*11
pfd__100
10
Corp
♦138
v*167a
19%
94 ',!■■■■
31%
303/4
1693/4
5,400
16%
2,700
17,800
18%
17%
*93
*168
>
16%
20%
100
Pr & Lt Co 4%
30%
30%
*39
17%
94
171
7%.
17
*22
23
98
preferred
30%
17%
*93
♦168
86%
{&
87
*97
9
22
IV*
29%
England Elec System
30%
16%
*29
46 V* Jan
88
7%
16%
(J J) common__No par
Newberry Co
29%
30%
14
28
Feb
17%
94
'
*90%
1
preferred
'■
-■
17%
94
104
New Jersey
Feb
41
42
,
17 Vb
93 Va
1
New
41Va Jan
39%
*39%
17%
100
8
Dec
39%
43
*39%
93%
%
-No par
serial
conv
6
12% Jan
1 94
6
20 Vb
17%
87
No par
Corp
3%%
lba/8
19%
94
*22%
10
Fibre Co
Jan
Jan
46%
12
80
21
15%
19%,
139%
Co
Co
4%%
24
32%
32% May
•
Jan
44%
102
Jan
14% Jan
104
98 Va Jan
108% Jan
Dec
V*
19
24
Jan
153/4
19%
*138
Neisner Bros Inc common
14
15%
19%
139
luo-
12 Va Jan
104
15%
19%
♦7%
Pa com—10
11V« Jan
Feb
15%
19%;
16%
25
Feb
Feb
15%
19%
*138
\
No par
Jun
July
13
273/4
171
No par
Co
17%
107
13
27 Vb
*168
^1
ex-dist
13%
Feb
123/4
27%
171
Corp
29%
Tea
12%
27%
30
100
:
Ref
Vulcanized
123/4
27%
43
17
No par
11
Natl
12%
27%
♦168
Corp
20'/a May
12% Dec
Natlonal
12%
27%
10
Co
1,500
12%
27%
100
Supply (The)
preferred
4 % %
♦93
B
Lt
2
5
♦39%
No par
common
Cast
&
Jan
94
22
Sep
18%
$ per share
12%
28 Vb
19%
19%
A
Stl
<fe
25% Jan
22
24%
$ per share
Shares
12%
•
28%
*15%
No par
1
com
Service
Linen
Mai
91V* Jan
86% Jan
22
18% May
13% May
the Week
Jan.
27%
15%
13
28%
No par
Prod
Co
Lead
National
2
Jan
105
80..,'.,
Jan. 2!>
S per share
for
Sales
Friday
Thursday
Jan. 28
$ per share
$ per share
PRICES
Wednesday
Jan. 2.7
16
*12%
5
Co
preferred
14
Nov
Dec
SALE
HIGH
AND
Tuesday
Jan.26
$ per share
v
x
No par
preferred
6%
Jan
7.% Jan
Co
Stamping..
preferred
17% Jan
28%
Qaa
Products
1%
7 Vb Jan
95
100
National
16% Jan
Jan
&
conv,
Jan
21% May
12% May
Mar
$4.50
13
Apr
74% May
88
Jan
Dairy
National Gypsum
5
29 V2 Jan
36%
190 V*
95
Cylinder
Nat Enam
12»
8
Dec
6%
Jan
19% Jan
Jan
165
15 V*
'
Monday
Jan. 24
Monday, February 2, 1948
'
17%
38
96
LOW
Saturday
•
S per share
13% May
*.
CHRONICLE
■W.u
STOCK
EXCHANGE
26%
Dec
k FINANCIAL
22%
••
.
50
*35%
36
No par
*6%
7
2.5o
Rubbm
*1174
12
*30%
97%
31%
97%
28 VB
28%.
Co
v,
'
6-%
:■
*85%
*351/4
♦67B
6%
12
12
"
30
30
70
14%
9,600
23%
24
7,300
35%
180
35 Va
35%
67B
6%
■-!: *6%
12%
12 %
67B
12
12
'
.
14
-
12
6%
6%
12
87
*86
86
86
6%
800
12 VB
<
12 3/4
600
O
27
■
91%
Dec
21
Apr
.18
i;
22 'V July
..
Dec
2
Feb
9% Jan
Jan
2
33%
Feb
27
Jan
26
.163%
Jail
151
28%
Feb
%
Aug
93
80
July
J-
\
f10
24
14
100
Jan
Jan
21
32% Jan
5
4%
8%
13
Omnibus
Corp
convertible
8%
preferred
307b
2974
29%
29%
29%
*97%
98%
98
98
98%
9974
*9874
993A
28 %
287b
2878
29%
287b
29 VB
29
30'A
29%
30%
24%
*
*1774
183/a 1
.*1774
.
*29
s
*
Otis
Elevator
5
Outboard Marine & Mfg.
83
Jan
17
86
Jan
8
Outlet
73% Jan
2
Owens-Illinois Glass Coa
preferred
Co
9%
*98
.22%
97B
187B
25%
25
25%
25
257B
4,400
96%
96
96 V.
96
96%
•
YORK
NEW
28
273/4
28%
287B
Sep
6
15% Jan
17
Feb
12
Jan .:2
12% Jan
8
80
Oct
69
Jan.17
Jan
13% Jan
71
Jan
46%
Oct
38
40% Jan
19% Jan
Jan
34
27
36% Jan
8
62Va
Jan
2
Jan
52.% Jan
5
10
1st
13
43 V*
2nd
preferred non-cum
Jan
15
Pacific
Feb
33
Jan
22
35% Jan
12
Pacific
Jan
91% Jan
2
97% Jan
8
Feb
7
Feb
;
Jan
59%
Dec
7%
Dec
14%
May
18
134
Jan
1547a
154
21%
213/a
*21
21%
87 V:
*83
87
87
87
*83
67%
87
*83
67%
x65%
♦83
67 Va
67%
67
Monday
■
Jan. 26
24'".:
HIGH
Jan. 27
$ per share
SALE
66%
144
Jan
Feb
8
44% Jan
Oct:
5% Jan
6
53% Jan
15
4%
Jan
21
40
*52%
Jan
Jan
29
Pan
12
Pan-American
2
26
52% Jan
5
Feb
72
July
97
12
Jan
Jan
7% Jan
94
Jan
20
8% Jan
6
29
10
79
...
.
Jan
9
96%
Dec
Jan
19
19%
Dec
32%
Jan
18% Jan
24
21% Jan
37
8
Sep
53 Va
Jan
39
Jan
13
40
4V»
Jan
2% Jan
109
Dec
Dec
43
28% May
f Va
Feb
14%
"29%
Feb
48%
Packard
Car—
Motor
American
66
3,800
Friday
lr
the Week
$ per share
S per share
$ per share
Sales
Jan. 30
Jan.29
for
Shares
95
-
*140 V
5
lo
:
9
■
.
5
>-'r.
48
48
9%
9%
*
9%
.
16
*15 Vb
47
47%
94
*93%
V,
*39%
39%
'
39%
*39 V*
70/
17 %
17'A
17%
17% -:
17 V*
17%
500
34
34%
34%
35
34%
347b
8,100
52%
52 74
5274
523/4
53'A
53%
34 Va
34%
347b
347b
94
94
93%
93%
143
V143
5%
48 %
48 74
*15%
1433A '
143%
148%
80
5 Va
5%
3,400
."'47%
43'A
2,800
.,
"•
5 %,..
49%
434
.
900
34%
93%
10
*15Va
43A
4%
478
,93/4
97b.
900
34'A
93 Va
477b
16
!
'
1
5
47b
97b
97b
16
143%
"'48%
47b
43/4
.
143%
5
.
5
47b
93/a :
*15%
100
280
7Q
34%
48
46%
16
39%:
/
53
47b
43A
47b
47»
V
*15%
.3
5
-
48%
4%
V
2%
Transp_
.7
♦142
V
'•
14%
12
*67
12%
95
947b
144
*140
V
5
48%
«•-
.No par
&
143
♦39 %
14%
173A
♦34
:
95%
69
353A
•
34
53
33%
12%
*66
39%
%
*14
; 12
69
14%
*12
69
*17
53
-
33%
' *94%
;
'*39
35%
53
Va
'
39%
18
14%
12 Va;
*67
*14
12
♦66
69
18
337a
*94
1
Airways Corp
Petrol
16%
Apr
Oct
Jan
5% Jan
14
4%.
&
Inc
convertible
Paramount
Refining
preferred
Pictures
13
2% Jan
29
Parke
29% Jan
27
2
Parmclee
11% Jan
30
;
Jan
37
Jan
8'
974
16
,
16
Penney
29
43,500
10
,
180
24,700
500
16%
2
Penn
Penn-Dixle
Coal
&
1„% May
24%
Feb
16% Jan
23
19
Jan
5
n
36
Apr
31
Jan
20
33
Jan
12
112
112
Jan
14
5%
19% Jan
5
Penn
5
100
*99%
*93%'
95
95
7%
77B
99%
102
19 Vb
19
197a
19 Vb
40%
40
40
99%
*100%
19 7b
197a
40
40
*39 V*
117
Jan
22
Jan
Dec
Jan
14
18% Jan
2
26%
Feb
17 % Jan
21
13
May
51%
Jan
45 Vb Jan
27
111
Dec
7118%
Sep
113% Jan
28
45%
Dec
55%
Nov
45
Jan
6
81V*
Jun
101%
Feb
87
Jan
15
22
May
12
2V«
2%
2%
2%
27b
2%
2%
29%
29%
29%
293/B
297b
29%
-29%
28%
*28%
,28%
28%
28%
*28%
28%
2874
7%
73/8
77a
7%
"IV*
r'73/4
900
10 3/8
10%
10%
10%
10%
10 %
10%
1,900
*34%
35%
*34%
7 %~
35
36
36
35%
35%
40%
40%
40
%
4078
40 3/4
40 Vb
40%
6 Va
6%
6%
63/b
6%
67B
6 7b
67a
*13%
14%
14%
14%
16%
.
>
40
; 14%
163/4
14
16%
16%
16%
14
115
*111
115
*111
115
13 % Jan
5
.5
6
com
Jun
99
Jan
7
102% Jan
12
Dec
10
Jan
22
11% Jan
5
18
Oct
14% Jan
22
16
Jan
13
24
Peoria
Eastern Ry
&
4%%
Co
2nd
*44%
10
100
5
♦114
Co
100
preferred
:
Petroleum
Pfeiffer
Corp of America
Brewing Co
5
No par
.
34
343/4
34
400
.40%
403/4
5 600
7%
774
6,800
14
143/a
1,800
1674
40 3/4
8
14%
14
14
17%
17
31
31
*111
115
*111
115
19
19
16 7s
-
*
17
32
17
1,500
.
18
*45
113%
>
18%
467b
114
457a
*45
457b
88%
*88%
90
19%
18
45%
*113
*45
19%.
.
*31
*111
19
•
18'A
18
45 Va
457a
32%
115
100
.
'
2,700
18%
19,800
457s
113%
46%
*45 %
47
88%
*88 Va
89%
400
114
114
■
19%
120
/
12%
88
*11
88 %
88
*11
12
12
217a
22%
217a
22%
*27 7b
28%
*27%
28%
*101
♦101
104
104
*11%
22
*27%
*101
12%
88%
100
*1178
11%
12 3/8
22'A
22%
28%
23
23'A
28%
28%
104
*101
*28%
104
*101
400
11%
100
23%
18,100
29
200
104
10
2,900
900
4974
50%
4974
507b
50
50%
50%
4,600
417b
42
42 Vb
413b
42 %
42%
427b
42'A :
423/4
12,600
53
52%
52 Va
52%
52%
52%
52 V*
52%
52%
52 Vb
52%
950
*98
983/4
9874
98 3/4
98
98
98%
98
98
52 Vb Jan
26
53% Jan
9
97%
Dec
Philadelphia Cp 6% preferred——50
98
27
No par
50-
7b
*52%
41%
preferred
15
15Va
25
$6
10
15
50'A
Phelps-Dodge
13
15%/
10 7b
10%
15
417b
Pfizer
5
Jan
10%
15%
50
2
48 Vb Jan
100
10 7b
15%
54% Jan
22
Jan
10%
*15
417B
22
41% Jan
l
10%
15
50
49% Jan
Dec
Corp
10%
*147b
Jan
& Co Inc
10%
*50
62 %
48%
Dec
(Chas)
10%
15
Apr
*44
46 %
18%
45%
114
29
10%
May
page 24
114
■'
19
22
102%
49 %
see
*4374
::
7%
'
107a
36%
109% Aug
45%
46
115
102%
fOo
177B
18
*443,8
*113%
88
217b
1774
1813A
19
46 VB
45
*28
343/4
40%
'
v
For footnotes
18
18%
115%
45
*10%
33%c
No par
common
183/4
88
.
100
Pepsi-Cola Co
Pet Milk
17%
50
•_
Pennsylvania Salt Mfg Co
3%% series A preferred
(Chic)
30 % Jan
108 Vb
.
8% May
*111
*18%
.
*31
163/4
100
No par
-
"
32
Light Co
f
200
*28%
'7%
10%
*31
Peoples G L & Coke
24% Jan
3,500
77a
32
9
23
9.500
10%
29
*31
89
22
2%
29%
27a
297b
,
10%
*28%
1
.10
Inc
27% Jan
200
-778
'
32
Peoples Drug Stores
21% Jan 22
40,600
2s/b
293/b
*31
6
Jan
'
2%
com—No par
45% Jan
Jan
170
197s
403/4
20%
41
29%
7
16
34
May
Dec
10 % Jan
Jan
100%
19%
*39%
102
*28%
Co
Jan
34% July
"
22% Dec
Jun
Feb
20
47% Jan
118
&
100 VB
1,000
>,
73/a
preferred
Power
15,300
10%
Corp
Pennsylvania RR
Dec
Dec
"
*20
8%
72
72
73/s
Corp
Glass Sand Corp
1
2%
■
Penn
*39 v4
95
77b
8 3/S
72
1974
20
40 7-.
*94
95
8
72
No par
Cement
*93%
73%
•
Sep
;
8
*72%
74
10%
.No par
Coke
15% Jan
100
74
2,400
47
5
Co.
Airlines
14
.
2.50
Enterprises
Penn-Central
Jan
;
7%
73/4
74
.47
47%
47
47%
No pa*
Transportation
(J C)
102
~
47
47%
29%
1
No par
Penick & Ford
Jan
'
•
Mines
Co
Patino Mines &
Jan
43
v
&
*39%
1
Consolidated
Davis
,
■
7%
*71
76
V 187b
1
Parker Rust Proof Co
8
22
Utah
V/*
*72
*99
100
Inc
33% Jan
Park
7%
«
94
95
*93%
;
1
Park & Tilford Inc
47
47
;
common—No par
Jan
2
Jan
40
4
Prod
Cos
8
Jan
34
Panhandle
Paraffine
29
7% Jan
Jan
102
Panhandle East Pipe L com__No par
4%
preferred—
100
13
Jan
10
Fpb
15%
'
2
28% Jan
'15% May
38% Nov
Dec
7
Jan
34%
Dec
0% May
2 V* Sep
% May
37
;::v
87
65%
*14%
*98
9874
*98
■
>
1,100
'
Feb
13%
207a
•83
Thursday
14%
*14
12
35%
/•
54
*33 VB
143/4
39%
40
183A
357a
35%
../■
100
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
5
2
23
92% Jan
preferred
10
8 % Jan
15% Jan
Mar
6%
16% Jan
Feb
July
9%
99
;'
•
10
154
20 VB
66
4,300
PRICES
Jan. 28
5
Sper share
13
*66
69
*18
-No par
/'■
*12
'
..—No par
<fc Teleg common._ 100
*14
13
>
10
25
Lighting Corp
147a
*12
•67
No par
Corp of Calif
Mills..!
Pacific Telep
22
22
79 Va
6
65%
Wednesday
Tuesday
•
.
.
-
297s
♦151
*151%
21%
1
2
•
4% Jan
109
23
154
154%
*14
;
No par
npn-cum.
Pacific Finance
168
Dec
common
Pacific Gas & Electric.
39 Va
54
Co
preferred
129%
Jan
j%
22
29 Va
21 %
50
99
29
♦151 %
t per share
11
Pacific Coast
7
28
Dec
Dec
•
2874
21%
LOW AND
Pacific Amer Fisheries Ine
12
Jan
58%. Jun
J
'
154 Va
Jan.
Par
22
,
700
9%
99
*21
99'/a
*21
27%
/
'
9 Va
9%
*98
22
*21
21%
Saturday
$ per share$ per share
9%
9%
99%
*98
*151%
673/a
STOCK
9 %
98
227a
21%
r
♦83
EXCHANGE
Highest
-
19
Dec
'
200
154 y2
*20
•.
27
STOCKS
Range since Jan. 1
Lowest
90
J
V l
100.'
18%
18 VB
18'A
17 7b
*96
97a
98
22%
28
96 %
*21%
99%
*22
*151%
'
~No par
.12.50
...
99%
25
96%
'V
*27%
2.50
2474
,
974
9%
93/4
;
97
*21%
..100
—
243/4
24%
*96%
97
♦98
■
No par
29
6%
'•(
.6
A..100
common
Jan
46% Jan
xl
*187,
''
320
20,000
V
24%
•
18 3/a
V
500
29%
98%
-
18%
24%
*96%
■
lo
Jan
Nov
7
*17%
•
100
Oppenheim Collins
23
55
2
pfd_v_20
No par
154
Jan
33 Vb
4%
preferred
(The) common
30
40%
5%
Elec
&
common
convertible
14
16
Jan
3 % May
21%
'
Gas
V I
30 7b
*97%
'
May
50Va Nov
131
_No par
!
Corp
4%%
5
22
x65% Jan 28
$ per share
25% May
x89%
.
Oliver
10
17% Jan
x33 %
.
Co
Jan
Highest
9% May
50
•
.100
Jan
Year 1047
$ per share
..
Oil
Range for Previous
Lowest
,
common
preferred—
20Vb
J<>n
Nov
8
Jan
,
10 V8 Jan
Jan 75
20
68
•
18% Jan
27 Vb Jan
99
,
6-
98
Feb
84
Jan
*
4.40%
•
Feb
1
Oct
19% May
23
Jan
13%
May
149%
Jan
96
28%
Sep
24
6
24
118
May
15%
Jan
Dec"
Feb
"107
7% May
86,
17%
27%
Dec
17% May
93
'
Ohio Edison Co
60
.
Volume i67 Number 4669
iHB'COMMERClAtJkTOfANCIALCHRONICLE
(561)
NEW YORK STOCK RECORD
'
Ranee for Previous
$ per share
t 21%
1
$ per
.
Dec
$ per share
share
(" 23% Jan
Dec
: 29%: Jan
111%
Dec
120%. Aug
109% Aug
16% Oct
104
Jan
25% Jan
Jan
28
14
Jan
19
Nov
28
Jan
2
22
-
Dec
10% May
21
Jan
(,■ 85
Dec
(25
•'
«.
Jan
103
Feb
87
101
Dec
Dec
85
21
Mar
43%
Jan
■A'' 16 V2 Jan
90
-
21
89
Jan
43
Dec
Jan
26
93
July
87% Jan
22
89
63% July
54% Jan
21
62% Jan
18
99%
36
42
v
.
Jan
30
Jan
2
Dec
Feb
13% Jan
13
33% Jan
12
34% Jan
5
Jan.,30
103% Jan
8
108
101
Feb
Dec
96%
May
16%
Oct
88
Dec
,
•
13% Jan 13
18%
102
Jan
16
32%
Dec
165
Aug
•
163%
Nov
32%
Apr
7
.
10
21
Oct
Oct
Sep
20%
Dec
14%
10% Jan
Jan
.9
Apr
38 -r Dec
33
Jan
Jan
14% Jan
Oct
32% Jan
12% Jan
26
9% Jan
26
5%%
9
16
9
33%
57
■
Dec
16
May
43
15% May
Dec
Feb
32
Jan
Nov
65% Jan
conv
9
Plymouth Oil Co
5
C
Pond Creek Pocahontas———_—l
Poor At Co class B—
No par
'
9
13% Jan
5
11% Jan
27
34
Potomac Electric Power Co.~
"Regular
2
9
Jan
19% Jan 23
83% Jan 28
22% Jan
Feb
87
Jan
12
Jan
32% Jan
15
34
Jan
5
Public Service
25%
Feb
20% Jan
2
23
Jan
5
Pub Cerv Corp of N
14
111
9
Publicker Industries
$4.75
cum
,
Inc
,
Aug
120% July
92
Jan
5
97% Jan
103
Jan
24
108% Jan
7
6%
114% Jan
28
119% Jan
9
7%
preferred.
preferred
preferred
8%
preferred
110%
146% July
114% Feb
Jun
51% May
21% May
106%
24%
20
61%
Dec
,
Mar
Dec
Jan
36%
Feb
24%
Jan
30
135% Jan
12
110% Jan
Feb
29%
109%
Oct
129
15
111% Jan
2
Jan
48
28
53
Jan
12
21
Jan
23
107
Jan
8
22
31
Jan
5
25% Jan
•
5%
preferred
Purity Bakeries Corp
conv
.
83%
*17
17%
*140
:(
150":
29
-
10%
90
30%
5,500
15
15%
600
♦140
:
v
14
U
:
'
;
•79'f.
18'/*
18%
10%
*10
10%
46
48%
45%
33%
33
33
14%
14
12%
123/*
14%
*14
;>:
46
14%
14%
12%.
170
79%
20
10
>*18
18%
30%
600
V
2,555
31%
10 »/a
JOVa
100
46%
48%
23,300
32%
32 V*
400
*14 :'■; ;
14%
S00
12%
12%
24,100
14,900
\
33%
14%
12%
5,300
85%
*139'' 150
1
473/a
*32%
2,700
14%
79%
303A'
10%
♦10
4fi%
33%
150
4,600
9
13%.
;*84
79%
18%
293/4
-
*135
84%
*140
29 V*
20
120
36%
9
'
yd,".
79%
150
V
14%7
•
149
35%
9%
9
♦135
10
158'A 158%
36%
84%
29%
♦142
,
158%
14%
.'
29
♦10
145
'
36
':■
84%
17%
♦140
♦158
.
9'/a
*
84'/*
*79
1,555
13%
30
8%
13%-
79%
13%
90
36
83%
70
13%
16
159
;
400
101
90
145
*135
34%
101
30%
35%
>
14%
17,900
16
48%
*14
♦
9
40-
58 Va
30
♦157%
13%
140
♦78
;
V
13%
♦88
33%
33%
/
,,
9%
.
12%
12%
12%
13
'
9%
3
9%
9%
10
10%
33%
32
323/4
323A
63 V.
65%
65%
'65 3/*
66%
66%
66%
19 "2
.
♦31%
65^8
,
19%
20
20%
20%
21%
21%
21%
9%.
*31
19% >
■
32
9%
9%
32
85
84
83%
83%
83'/*
83%
84
33%
33%
33%
33%
33%
33%
33%
33%
21%
21%
21%
20%
21%
21%
97
97
96%
84
♦83
97
96%
104V8
104%
105%
116
"
116 V*
*116
132
130%
131%
*130%
110%
110%
111%
49
/
49
26%
49
26%
*105
♦105
Nopar
*26Va
26'/*
Quaker State On Refining Corp^lO
*22'/*
23
1053/*
104
114%
115%
1303/*
131
130
111
111
111
26 %
♦22 V*
23%
26 3A
27
26 %
4,500
3,500
84 .-.■"
84
33%
4,100
21%
;■■■«■
21%
5,800
94
200
95
900
104'/*
104%
116
116
116%
270
1,120
130
129 >:.
130
280
111%
1UV*
111%
49%
150
7,700
27%
28%
20,200
105%
105 3A
500
1,700
48%
<49
49 Va
27%
273/4
;
28%
105%
105%
v
26%
27
'
27%
27
27%
23
26%
26%
200
21%
33%
T
105'/*
105
107
i
21
'
66%
104%
:
*110%
49
48
48%
26 %
T
33
66%:
:
96
116
131%
♦105
26%
953/4
104'/*
48%
26%
103 %
97
105%
117
111
49
26%
107
95%
97
105
115
*110%
■
.
.
10%
*32%
.
21%
115
*131
100
10
,
33%
21%
103
100
Pub Serv Elec & Gas pfd $5—No
par
Pullman Inc
;
No par
Pure Oil (The) common
—No par
5
30% Jan
2b % Jan
105
i
*10
46%
:
66 Va
-
33%
—100
Jan
8%
140
28%
.
36%
1,155
42
92
16
145
157%
.
88
.
♦97
*21%/ 21%
—Nopar
100
130
127
>
33'/*"
66
*84
J com—Nopar
Dec
$5
.-150
28.%
148
.
.13%
>
73
*139
:
ll'/a
' i9%
preferred—
No par
Co of Colorado—_20
Dec
•
14%
*32%
'
5
111
Aug
36
100
*13%
*33%
34%
4,200
30%
29%
*15%
157%
10
26% ■•:
57%
102%
13%
90
16
I :
*16 % ,1.7%
.
;
33%
9%
•
50
com—
■
-v
^
13%
♦88
29
*145
160.:
.
*78
12% ■■12%
—1
102%
C
145
159.
:
♦97
28%
•
♦33%
19,000
3,500
89
40'/*
14%-
102%
103
?
*97
*15%
16
*13%
300
16%
*89
58 V*
500
'
No par
—
38%
Dec
com
4%% preferred series A_„
Procter 8c Gamble
-
"
10
32%
30% May
19 % Dec
28%
.
145
A
48% ;
-
*33
■"
Way"
Pressed Steel Car Co Inc
9
Jan
-71% Jan
28%
*15'/*'
,
10 %
47%
;
103
57%
14%
34'/*
*33%
102%
*97
13
29
:. *10
2
34
102%
58
♦85
-
,
.
30%
26 3/*
'
700
■
85
*87%
39%
91
7,600
'«
94%
<
30%
88
37
*88
>
:
85
>
89 1
♦85
1
,
37%
89
.
106
>16
•:
26%
*87%
88
•35
16%
31
87
26%
89
*13V.
,34
15 3A
*91
Shares
21% >
23%
♦105
•
92 %>
♦85
26%
♦85
::
90
150
1
26%
*86
,
14%
13
.17%
-
"
t per share
106
30%
v
87
57
.
*13%
•
15%
31
♦85
57%
56
*88
79
*28%
15%
29%
,
89
13
150 C
*139 :
Jan
102%
'
85%
*16
,
,
♦91
37
90
16
*78
15% Jari
34
•
28
71%
Dec
May
90
Feb
ser
—
•
12%
lst
91
89
13
'>157% 160
—100
—
prior pfd„100
Pittsburgh 8c West Virginia—100
Pittsbprgh Young & Ash pfd_—_1Q0
Plttston Co (The)
i
1
Plough Inc
:_5
12
149% Jan
preferred
'
*35
*88
28 %
♦23'/*
♦105
.
87% (
13
28'V*:
v.: 21%
233/4
106
88
9o
,
21%
23%-
*86%
♦97
—
21%.
23%
91
26%
87%
the Week
21% ;
?
.
13%
26%:
Salea- for
21%
*105
..
87
*85
.
Friday
Jan. 30
1
•
$ per share
23
29V2
'
88
.
•
5
Jan
10% Jan
v
15 %
*85
87%
*85
'
91%.
28'/*
,
;
,
26%..: 26%
*85
,
8
Jan
32% Jan
\
1%
27
21% Jan,
22
;i5% Nov
Jan
,
87
Pittsburgh Plate Glass Co__—.10 AAA 36%
36
.'( 36%
36 '/* >
Pittsburgh Screw 8c Bolt—
No par AAA *a% A' 9
9
9
Pittsburgh Steel Co -com—No paT
12%
12% ^
...;:i2%
13%
1% preferred class B—„!
—100
; *140
' ?
•140
150
•
\
5% preferred class A-.^100
*
*83
84 ^ V
.83%
84
6
145
:
30
13% Jan
Pitts
29
6
35%
A (A 19% Oct
13
*145
80
,
*
*15
87% Jan
5
AC' 19% May
11% May
.
Pitts Ft Wayne & Chic Ry com-.lOo
10
>
■
88'
*88
Consolidation Coal Co—
_1
Pittsburgh Forgings Co new—u—1
140
22
87,%
■
*57
5
19
Jan
_,_160
2
9
2
7
28% Jan
*85A
26
163% Jan
?'V
V
V
-26%
•
T*85
,
10
Jan
.'39% Jan'
,
"
21;
145
Oct
i.
17% Jan
27
82% Jan
26%
Pitts Coke 8c Chem Co com—No par
85 convertible preferred—^.No. par
r
30
*
79'/* Jan
16% Jan
'
.Jan
38%
Jan
:
,♦85%
(A"
■
r""':
104%
*91
Jan. 29
$ per share'
,22% v.
104%
.
v
Thursday
'
Jan. 28
21%':
•;•> 22%
,
A •85%.. 87
,
31% Ja n
24
140
Jan
145
22
12% Jan
Dec
200
Sep
26
8% Jan
Nov
84%
10% May
30
35% Jan 22
93%
A; 171 -May.
17% May v
Jan
Jan
157% Jan 27
15
59 % May
67
Jan
24
15
Jan
140
Apr
28% Jan
Feb
42%
-10%
May
8% May
114
90
Dec
203
:
.
16
145
Dec
■
22%
.
14%Jan~5
Jan
Aug
16
169
17
88
21%
•
.
Pitts C C & St Louis RR
12% Jan
Mar
<22%
.
21%
.
Dec
10
•;
.
•
;
*
21.%
.
91%.
?T,'.92v" .92/
91% .(.•
'14%' ,• 14%;. : ,.V.-'.,t4%'-.15..
(:" «
'. 28
28
!
28
T
28%
:
10$
preferred,.:-
c
Wednesday
S per share
,
Phillips. Jones Corp com—JT_No par VV;36%r 37 Va '■■■'
36
36
cumulative preferred—,.—100 V, *86'/* > 89 "•■'-((■ ..♦86%
N
89
Phillips Petroleum—-par
57 V
57%
57%
; ...56%
Phoenix- Hosiery _•
5
*12%
14 •< V
•*12%14
"A
PillsburyMUls Iric common-v-ijSll
•
33%
33%
*33'A
33%
$4 preferred——iw-—_Nb par
* 102 % 103 %
*102% 103%
"•••-'•'6*
28
^
28% July
■•'.'V 12 '■•!( Jun
30% Apr
96%
v
3.60 aeries
22%
22
Jan. 37
tper share
^
SALE PRICES
Tuesday
Jan..;26'-:^.
U .'104%: 104'/*
3
common—:
\
v %
$ per share
•
Monday
.•■-.
'
34.:-'-
\ ,22%
,-iNp par" / *21%
Philip Morris 8c CO Ltd common1
5
4% preforred__—.—_100
2
Saturday-
^No paP(
common,.
-
Apr
50% Mar
Co,
.
Par
■A'T 3 % %preferred series * A—„ 10o
12
87% Jan
'
4.4%-preferred
3.8% preferred—,:
,—100
Phlla
Reading Coal 8c lToniu^-1
Philco Corp
5
28% Jan 10
;
,
.
13
Jan
Blectric
.TV: A
A (V AT
'
>;
$1 preference common'
•
30
33% Jan
1
6
85% Jan
Phlla
110% Jan ; 2
Jan
9
Jan
\
81
•
98 Vs Mar
-
.97-
Jan 30
85
26% Jan 23-
,
Doc
88
35%
22% Jan 26
LOW AND HIGH
.
\
~ 5
21
91
S3
A'
A
.
NEW YORK STOCK
AAV'/ V- -EXCHANGE;;"•
$ per share
21%Jan'26
27% Jan
23 %
,
>
Range since Jan. 1 (v (
A"' /.- Lowest f
Highest
Highest,
:
'-STOCKS
v.'
-
Year 1947
Lowest
22%
22%
22
22
400
9
27,600
78
1,000
9,600
Q
Dec
22.
Jan 30
24% Jan
5
'
'
♦22
23
♦22
R
7% May
10%
Feb
68%
Dec
80%
Feb
8%
Dec
15%
Jan
94%
Dec
8% Jan
66% Jan
19
9% Jan
5
13
69% Jan
5
Jan
14
8% Jan
8
8
105% Mar
Jan
95
2
98
Jan
Radio
28
28% May
17% May
41
Feb
28% Jan
21
31% Jan
Dec
23
Jan
23
30% Jan
5
38 Va
Feb
31
Jan
28
34% Jan
30
Dec
16% May
22% July
17% Jan
37
48% July
37
Dec
33
Nov
39
Oct
11
,
May
Rayonier Inc
$2
2
34
*33
12
12
101
Jan
Jan
2
12
Jan
20
14% Jan
23
Jan
23
25
Jan
7%
Dec
17%
Feb
10% Jan
23
11% Jan
5
Dec
•84%
Feb
62'% Jan
14
63% Jan
23
12%
Dec
17
Aug
13'% Jan
23
14% Jan
Nov
102
Jan
96
Jan
21
96% Jan
Jan
Oct
26
Jan
19
29% Jan
7
9%
Dec
Dec
14
May
91
Dec
6 %
19%
Jan
7Va Jan
3 V2 Jan
27
:
Feb
30
10% Jan
Feb
24
Jan
22
27
Jan
Jan
5
105
Jan
19% Jan
2
Feb
16% Jan
Apr
90% Jan
6
113/4
Feb
6% Jan
22
21% Jan
243A
Jun
39
Jan
SO
May
124
Jan
9
May
163A
101
Jan
Feb
83/4 Jan
21
93
9
21
30
24% Jan
-2
104% Jan
10'% Jan
5
41% J&n
2
44'/a
Feb
38 % Jan
26
50%
Dec
49
13
3% %
series
Inc
50;
12
12%
12 3A
*12%
12%
12%
12%
12
12
12
12
*11%
12%
24
10%
*23
24
*23%
24%
*23
24'/*
10%
*10%
10 3/4
*10%
10 3A
64%
*63
64%
♦63
S *23
10%
5
*63
26%
1
'
5,100
4,100
1,500
27,400
;
1
Inc
2.50
Metals
Co
24%
*103'/a
;
6%
21%
100
1
*101
8%
10
39'/*
preferred
Reynolds Spring
Reynolds (R J) Tob class B
Common
Preferred
Oil
54% Jan
22
26%
Feb
64% Jan
16 % Jan
19
18% Jan
6
46
May
66
Jan
12 %
J&n
37%
Dec
Dec
Dec
Dec
57
68%
41
.
22
6
34% Jan
14
>
Jan
60%
Dec
9
Jun
12
Oct
80
Dec
80
20
Jan
108
x20
Dec
98% July
26% July
108
Dec
114% Mar
7% May
11%
Feb
58
Jan
9% Jan
Jan
99% Jan
65
Jan
7
82
9
Jan
9% Jan
21
49%
Jan
41
92
Dec
103%
Sep
90
Dec
■
8
10% Jan
21 Va Jan
5%
31 Vs Jan;
-
2
44%-jg.n.
.
5
Jan
22
6
95
Jan
91'A Jan
14% Jan
13
137s Jan
5
83% Jan
16
84
-
Jan
.
Feb
15 Va Jan
22
Feb
18 Va Jan
45
21
50
Jan
5
15% Jan
26
17% Jan
6
37 % Jail
22
12
10%
Feb
5% Jan
20
30% May
40% July
44% Jan
6 Va Jan
33% Jan
27
38
11
Oct
16 Va
Feb
11% J&n
6
Dec
16%
Feb
7% Jan
2
10% May
16%
Feb
11% Jan
6
5 % May
6%
101
Dec
20%
110
'
Jan
Apr
30%
Dec
24% May
40%
Oct
102 % Jan
15
8%
*8%
39 V*
38%
9
"v
15%
9%
15%
V; *23%
63A
22
38%
39%
15%
*48%
92%
6%
21%
102%
'101
63/4
6%
22%
51
101%
9%
9%
39%
39%
51
*48%
*91
22%
22%
900
15%"
153/*
153/*
16%
17%
17 Va
17%
4,500
23%
23%,
6%
63A
6%
6%
7%
8
7%
7%
7%
22%
21%
21%
21%
21%
16
163/8
16%?
♦16%
16%
19%
19%
19%
193/8
19 3/*
:
6%
7%
*20
16
16
57
16%
*40%
41V*
9%
9%
-■'"
*18%
~
♦23
57
57
*16%
555
23
23%
15%
22%
6%
19%
51
92
22%
24%
*56
*16%
Nopar
51
923/„
7%
22%
800
8,000
92%
6%
16
93/a
.39%
22%
*23%
*21
50
9%
93
7%
*18% '
13,200
2,400
22%
101
22%
*22
6%
24
270
393/8
923/4
*48%
;
(-
3,900
6%
223/8
39%
100
17%
101
9%
38%
♦48%
107
,92
63A
23'/a
101%
7%
2
6%
22
*9%
9
39%
25%
17%
*91
102
6%
16
8
*57%
59
58
58%
16%
*16%
16%
16%
16%
413A
41%
22
Jan
5
35% Jan
10
?
>
63
*80
82
*80
■
9
5
"14%
/
*82
15%
-
*44
1
38
*5V2
No par
? 34Va
*15%
l
5
12
1
*7%
Serve! Inc common$4.50 preferred
Shamrock Oil 8c Gas—
Sharon
Steel
Corp
28%
14%
84
15%
45
43
*23
24%
24%
*6%
100
63/*
2,300
3,000
20%
60
22%
*16%
17%
17%
193/4
73/4
:
:
22
*163/8
60
♦163A
:
7%
.*20'/a
*21
.
91%
*23%
73A
(
16%
20
59%
300
500
20
59%
*165/a
"
15%
*45
42%
103/a
79
79
79%
1,300
•
1,000
1,300
'
17
63
58
58
X9V*
80
9%
80
9%
20 Va
20%
110%
9%
9%
9%
29'A
29%
293/4
43%
433A
85
111
9%
•
*93%
94
90%
*90 Va
90%
90%
14%
14%
14%
14%
143/8
84
15%
16
15%
16%
16%
45 V2
45.%
45%
46
46
16 V*
16
39%
383/4
*5%
-34%
38%
38%
39Va
38%
*5%
5%
*5%
53A
34%
33%
34%
33%
34 Va
53/4
33%
12
12
12
12
12%
11%
*103%
<
.
46%
10O
2,400
12,900
1,200
30
43%
43%
94
'
70
90%
40
14%
1,300
6
84
16
16%
463/*
♦IS3/*
333/4
12%
123/g
75/a
7%
7%
113A
11%
113/4
11%
11%
*103%
104%
103%
12
500
■<.
4,200
5%
400
34
343/*
24,800
12 3/8
12 3/8
7%
7%
11%
11%
3,500
1,200
2,900
5%
34%
12%
*7%
40
4,800
1,100
16
39%
•
7%
12
3,100
9%
46
163A
<
7%
7%
12
■
20%
1113/*
14 Va
393A
53/4
38%
6
♦16
9%
*89 3/+
16
16
500
*833/*
15%
38
104%
"
'84
*83 3A
*83%
■(:
81%
'
84
16
40
4,700
28%
94
*83%
v
110
93/a
20%
:
14%
43%
9,000
•
90 %
'43%
88%
94
43%
26,100
V
60%
♦111
30%
94
♦93%
■
2,900
-
37
9 Va
81
1
90%
16
11%
:
.80
203/s
20%
110%
43
10%
59%
,
9%
80
110%
157/a
■■
423A
10
■J 36%
81
♦57
16 Va
7%
30%
42
10%
'36% "37%
45%
*81 %
11%
Nopar
29
10%
43%
>.
14% (14%,
r
9%
42
.36%-
94
.
90%
7%
- 27
1
28%
43
84
203/a
111
-
9'/a
94
90
:
9%
81%
20%
111
•
28%
*93
u
*103%
No par
112
63
*80
9
9
81
9%
20%
20
28 V2
-
9%
82 >
111%
9 Va
43 V2
94'/*
90%
__5
Co
9%
20
28'/*
*41V2
94
*90%
7
♦79
♦57
81
par
....
10
36%
*57 -(
*110% '111%
!„Nopar
;
10%
36%
♦76
20
5
100
;
9%
353/8
63
9%
Seiberling Rubber
13
29
100
10 Va
36%
8Q
Seeger Refrigerator Co_
2
12% Jan
103 % Jan
5
41
9%
35%
80
41
41
35%-
*57
9%
—100
cum.
Sears Roebuck & Co_„
_
Jan
35%
Beagrave Corp
2
12% Jan
preferred
%
Seaboard Finance Co
Seaboard Oil Co of Del——No
5
Jan
non-cum
Seaboard Air Line com v t c__No
par
5% preferred series A
:
L100
.
26% Jan 27
30% Jan 22
For footnotes see page 24.,
6%
22
102%
15%
Pfd—100
(The) common—5
3.35% cumulative preferred—_100
2
Jan
Nov
Dec
6%
21%
104
51
Scranton Elec Co
6'
55
43 V*
♦21%
♦101
22%
5
$3.40 cum preferred
Scovlll Mfg Co 3.65%
6
19%
Mar
6%
6%
21%
104
93%
Schenley Distillers Corp
.1.75
Scott Paper Co commoir——No
par
9
5
Jan
24%
23
18
92
*92%
l
pfd 4.40% series A„
Safeway Stores common:
:
5% preferred
:
Savage Arms Corp—
2
17%
"
17%
91%
♦21%
1st
30
11% May
39% May
Dec,
173/4
91%
*48%
St Regis Paper Co common
15'
93 % Jan
.90
17%
'91%
51
Joseph Lead
;
—10
St L-San F Ry Co com v t c—No par
Preferred series A 5% •
—100
St Louis Southwestern Ry. Co„ 100
8
29
22
20
112 % Jan
Dec
98% Mar
2
Jan
5
40%
Dec
37%
21
28 % Jan
Nov
8
21
Jan
13%
2
Jan
55%
83%
2
Jan
10% Jan
8*% Jan
23% May
102% July
18% Jan
17%
91%
22%
25
25
*104
s
Jan
9 % Jan
67
17'
91%
93%
St
55%
17
*48%
Co__ 1
25%
107
91
*2iya
•
(The)
25
*104
16%
*92%
Ruppert (Jacob)
Co
25%
105%
91:
1
4%% conv preferred—
Ronson Art Metal Wks Inc
Royal Typewriter
24%
105'/*
167/a
Nopar
2
Oct
243A
105 V*
*104.
106
No par
2
Oct
Ruberoid
/
v*
24%
24%
♦103 Va
—100
series
Corp
Nov
2
24
24 Vz
106
10
3.60%
Antelope Copper Mines
Robertshaw-Fulton Controls
19
10
91
16%
*89
Nopar
com
convertible
24%
>
Shares
9%
68%
( Jun
5% May
the Week
9%
20 3/4
18
Jan. 80
$ per share
9%
Dec
40
Sales for
Friday
Jan.29
$ per share
9 S/8
Sep
Dec
Thursday
$ per share
9%
19 3/4
17%
200
2,000
PRICES
Jan. 28
$ per share
5,555
273/,
•.
♦93/*
18
,
SALE
Wednesday
Jan. 27
27
9%
Roan
Jan
T
$ per share
$ per share
HIGH
Tuesday
*
27%
97
93A
Ritter Company
Jan
LOW AND
Jan. 26
26%
.13%
9%
5%%
19
18
26%
65
13%
♦96
9%
Reynolds
19
24% Jan
26%
*63
13%
97
;
*97/8
Richfield
21
26%-: 26%
Monday
Saturday
convertible
2
21
26
64%
13%
*96
33A
19
22
13%
96
8%
18% Jan
Jan
13 3/8
96
600
600
3% A
24 % Jan
8% Jan
13%
96
103/4
8%
28
7
13%
96
24%
103/4
*63
64%
13%
97
26
26%
>
13 Va
*23%
103/4
12
83A
23 % Jan
Jan
*63
*96
>
97
24%
10%
12
4
Feb
19
"13%
*96
*23%
,
12%
?s/„
31
15% Jan
10%
64%
lJVa
-
25
Rheem Manufacturing Co—
29
i,55o
12%
♦12
8%
6
13
103
*12%
3%
8
22
*100
8 5/8
20
7% Jan
12%
3 3/*
Jan
53A Jan
*100
„
8%
23% Jan
21 '/* Jan
101
*100
100
55o
123/*
-
3%
93% Jan
•«.:
101
*12
8%
42 % May
AAC
101
12%
101
.12%
,
3%
2
•
*113/4
8%
26
—
123/*
33,*
22
10% Mar
*11%
173/*
8%
15% Jan
'.*+•
34
3%
88 % Jan
i
*33
8
21 % Jan
...
34
3'/a
Feb
Sep
♦33
17%
8V2
Feb
5%
34
173/4
3%
Dec
t.
*33
17%
v8Va
18%
.
39
11%
*100
5,400
1,200
2,500
32%
*38, V
34
11%
.' '
25%
23 % May
32%
..
39
12
1
Apr
;
32
♦37
;
*100
50c
1
Jan
104
32 :
18
38
12
100
19
Dec
31
17%
38
;
101
No par
common—
133/4
85
■17%
160
900
255/a
1
5
24-
45
Jan
Jan.
30 *
25%
50c
$1
2
36% May
May
2
7% Jan
*29'/2
25%
Rexall Drug
9
110
Dec
30
25%
preferred-^
10
Republic Steel Corp com
.—No par
6% conv prior pfd series A—100
Revere Copper & Brass com—No par
5V*% preferred
100
5
103
30
24%
12
10
Republic Aviation Corp
Republic Pictures common
9
15%
30
*100
Par
12
4% Jan
30%
9% Jan
12%
EXCHANGEJan. 24
8% Jan
•
98
100
$ per share
2
Feb
♦96'/*
50c
NEW YORK STOCK
113% May
A
22 % May
101%
1since Jan. 1
17%
18 V*
*11%
STOCKS
8%
'•
Reo Motors
97
Co—
Remington-Rand common—
$4.50 preferred—
-
Highest
9%
Dec
&
Mfg Co
Conv pfd
6
24%
Reliance
2
96 "
preferred
(Robt)
•
5
$1.25 div prior pfd
Reliable Stores Corp_
5
10%
preferred
Reeves Bros Inc
7
62
common—.
Real Silk Hosiery common
21
13
83/8
97
31
*33
Feb
4a/s May
32
' 34
21
$ per share
-32
32%
*33
22
$ per shard
♦32
32%
5o
Nov
3%
32%
2nd
29%
t per share
25
non-cum
Jan
8%
29%
4%
Jan
8%
*68
98
x24
17%
12
Lowest
24%
38%
101
AAiA'/A' (Kahge
30
24
17%
5
Highest
30
8%
'
*37%
6
AA
237/a
*
38
12% Jan
■
30
23%
23
8%
683/4
8%
8%
98
♦37
14%
.
30
23%
*29
97
*' 38
Dec
Lowest
30
No par
1.
common
97
*17%v
20% May
,
96 V2
*37
34% Jan
Range for Previous
v..;
>■■-.;'■Year 1947
96 %
8%
683/8
83/*
69
8%
8'/*
50
17
.
97%
8%
68%
69
8 Va
50
12
33%
*96
*
iion-cum 1st preferred
Reis
12%
pfd—100
68%
8%
4%
11% Jan
Feb
8%
68
83A
8%.
8%
10
33% Jan
16%
8%
68
68%
8
Jan
39
July
108% Mar
8%
87/8
*68
1
preferred
Reading Co
8%
1
No par
Raybestos Manhattan
9
20% Jan
5
18% Feb
9 Va May
96
Jan
1st preferred
conv
Ralston Purina Co 3%%
9
32
32%
Corp of America com—No par
$3.50
Radio-Keith-Orpheum
;
103%
*103%
104%
♦103%
104Va
10
27 V*
27
27
26%
27
27 y#
27%
27%
27%
27 Va
31
31%
31%
32
32
32%
33
33%
33
27%
33 Va
2,000
31
104%
2,700
21
22
THE
(562)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday; February 2,1948'
NEW YORK STOCK RECORD
STOCKS'
Range for Previous
Highest
$ per
$ per
share
/i:
share
33%
Jan
20
Dec
82
Feb
Dec
21% Feb
7(1%; Jan" 5
14%. Jan 23
Dec
22
Feb
12 Vs. Jan
35%
Dec
31
11%
24 'A May
23% Jan
22
Jan
r
8
Jan
13
10
Sheaf fer
Jan
,
Shell
35%. Jan
9%
Feb
fi'/2 Jan 22
5
23
6%, Jan
Jan
(W
A)
Union
*20%
20%
No par
*71%
75
No par
14'A
—A—1
Pen Co
Oil
24'
34
Jan
Simmons
51
Feb
41
Jan
21
44
Jan
Simonds Saw & Steel
Jan
22'
Sinclair Oil Corp
18%
Dec
16,
Mai-
117%
Dec
97%, Jan
22
115
May
23
Oct
19% Jan
14
21
May
62%
Oct
52% Jan
18% Jan
27'
:
Jan
Skelly Oil Col
15'
23 'A
8
35 %
Jan
22 'A Jan
28
Dec
15'AJan
287
Feb
3%; Jan
37% May
56
Jan
40'/a
41%; Jan
4'/a Jan
Corp
—*—10
Smith (A) & Sons Carpet Co-com
3y2%
6% Jan
16
Jan
9
8
42% Jan
15
Va Jan
15
5%
preferred
Southern
California
Feb
22'
Jan
27
24% Jan
Southern
Natural
Apr
50%
Dec
45% Jan
22
51
Southern Pacific Co
50%
May
Jan
35%. Jan
23
57% May
77
Feb
60 Va Jan
Nov
81
Aug
7d
15
May
20%
Feb
4'/a May
7%
Feb
14%
Jan-
Jan
Southern
41% Jan
23
68
9;
Sep
31% July
24% Oct
28
Jan
22'
21'
Jan
2
24'A. Jan
Jan
21-
8
,
17%; Feb
May
68%
9
preferred.——100
.7% Jan
99
67/a
10'/a Jan
8
Kellogg
Sperry Corp (The)..:
Spiegel Inc common
2
Square D Co
45 %
Jan
27
Jan
29
29'A Jan
2
Squibb. (E R)i & Sons
112%
Feb
100 %4 Jan
5
Jan
25%. Jail
27
Aug;
84
-
Jan
Jan
1(14
29
28 % Jan
2
9
Jan
12
8.7
Cnnv
$4
$4.50
preferred-.
71 V
71
28'%
28%
36%
Jan
20%;Jan
6
May
114%, Feb
88Va. Jan
28
88
May
125
Feb
22'%
22'/4
22%
Jan
50% Mar
63
July
54% Jan
37% May
44 %
July
63
80
July
31% Aug
26%. Jan
26
Mar
,
23%
Jan
94
Dec
105
9
preferred
Standard
u
a„No par
Inc
Brands
com—_No par
$3.50'cum preferred
.69
*27'A
!
17%
12
27
62% Jan
2
38%. Jan
27.
43
Jan
2
Standard Oil; of Indiana
/ 69% Jan
2T
78%. Jan
2
Feb
39% Jan
28
41%. Jau; 13
Oct
37%. Jan
2.6
41
12
May
/ 18
Jan
12'/2Jan
22
13% Jan
49
Jan
30
39
34
Dec
87
2
15
3Va%
9
13'A Jan 23
714 % Jan
2
14% May
24%
Oct
15 % Jan
23
19
21%. Jan
19% Jan
9
20
Jan
11% Jan
6
14% Jan
16
18% Jan
24
17
16
25 %
May
10 % May
105
15%
May
114
Dec
7%
Feb
18
-
Jan
..
Oct
7
Jan
2
Sun
113% Jan
2
$4.50. series A preferred
Class A
pfd
(4'%%
12%
Sep
10
Jan
22
11%. Jan
10
Jan
36
Jan
22
38% Jan
8
11
8
Sunshine Mining
101%
24%
Jan
13
May
36
160
May
14'%
24%
■J 4"/
Oct
19% Jan
Dec
145
Feb
16
2
Jan
,
6
Jan
22.
24
Jan
21%
Oct
1'6
Jan
Jun
37%
Jan
34%, Jan
Dec
27'A
Jan
*'
5
20%
1'8%. Jan 24
18%
28%
Dec
Dec
Feb
19%. Jan
104% Mar
5% May
10%
84
Feb
Sutherland
19
21
Jain
5,-
12;
6% Jan
8
&
■.,/./
Year 1947
Lowest
$ per share
10
14
May
10 %
7%
$ per share
Feb
10% Jan
NEW
Highest
$ per
share;'
10% Jan
21
Talcott Inc
6
4% Jan
5
16% Jan
22
18
Jan
8
Tennessee
68% July
53,% Jan
23
60% Jan.
5
Texaa Co
18% Jan
22
2*
477s
Dec
Jan
34%
23'
Jan
54%, Jan. 23
56% Jan
46y4 Jan
2
37% Jan
Telautograph
17
41
12
Dec
Dec
,,
4% Jan. 12
Jan 26
30% Jan
6
Texas
1
Jan
58%; Feb
47
Jan, 21
50%, Jan. 10
Texas
Dec
15%
13,
Jan
22-
16Va, Jan
Tex^roa
16 y4
Jan
5
24%
85
Oct
21 ya Jaa
16% Feb
Dec
106
3.% May
7%
23
10y2 Jan
42'A Jan
48% Jan.
Mar
87-%: Jan,
9-
22
92
Feb
3% Jan
24
4,1/4. Jan
39 Va, Feb
25%, Jan
28
27% Jan
5
1'8
May
25%
Oct
94
,
6
May
20
4%
Coal
20% Jaa 21-
24
Dec
108%
Feb
95% Jan
2
981/a Jan
12
$3)75
15% May
40 % May
21%
Feb
18 Vs Jan
13
19% Jan
17
Timken
47
30
53% Jan
9
15%. Jan
11%, Jan 22
13% Jan
53%
13'% May
14\
May
22%
.
Oct
Jan
7%
17
Dec
112 Vz
Feb
12'A
Dec
15%
Nov
2T%
Dec
34% Aug
93'
7,
30;
Dec
Dec
Nov
9.7s May
12
Dec
38%
2
2Q%Jan
29
17.1/4, Jan.
8
'5%}Jam 22
6%, Jan
2
Feb
99
Jaa
7
•
l&'AJan 22
20%, Nov
5 % May
Jan
2
102
Jan
14% Jaa
Jan
19
Jan
6
6
104%, Jan 2.71-.
147/a Jan
23
22% Jan
48
Jan
34'A, Jam 29
36%, Jan
104
Jua
92
94
22,
16
Feb
Jaa 27r
6% Jan. 16
Jan.
5
5
12 v
7% Jan
6 *
51%- Feb
30% Jaa 30
32%. Jan 21
17%
12VaJan 26
14% Jan.
Oct
5
10 Vs. Jan
23
12
58%
Feb
47% Jan
27
51%. Jan.
9% May
15%
Jan
10%, Jan
28
11% Jaa
25% May
89%
37%
Oct
29'/» Jan 24
Jan
110% JUly
Dec
115
93)%, Jaa 22
106 ;
Jaa
2
Mar
91%
Dec
106%
Dec
104
Jun
Jan
34% Jan
102.
Jaa
20
120
97%
30
Apr
27
Dec
86
Jam
6
109.
Jan
23
90
Jan
2I
22% Jaa 26
Apr
164%
Dec
Nov
111
Feb
98% Jan. 22-
Feb
31% Jan
May
38%
For footnotes
see
152
page 24.
Jaa 19
26
2.6 % Jan
165-
Jan.,
101'% Jan
35)
2
*
2
Z.
Jaa 15
10%
16%
10'%
*94
53'A
115%
*113%
114'%
98
53
,
10'A
10'A ,'10%
36%
37
10'A
10
10
21'A
21
149%
*147
16%
16'%
40
40
:/
•?%,
<
10%
37%
1,500
10'A
4,100
21%
21%
21%
1,900
X151
17%
17%
40
*15%.
*15%
16
i6
16
36%
36%
x35'%,
35%/
35%
35%;
19'A
19%
19'/a-
19%
19'/a
19%
20
20
/ 20%
20'A
20%.
20
20'A
85'%
85
85'%,
85%
*85
86%
800
17%
1,500
40%
1,400
17
*16 VB
300
35'A
35%
7,400
/ 18%
•
19%
9,400
20
19%
*85%
152
17%
19%
85
12,200
40
>
36%
•
115%
10,
16'%
16
2,100
10'A
40
;
1,300
i;
37
151
150
149%
16'A
40
10%
10
21'A
16 '/a
10,100
;
■
53
'37
9%
39%,
2,000
98
*113%
1.0
36%
149'%
;
10%
115%
10'A
36'%,
21'A,
20
53
36'%)
'A;
3,600
*94
r
53 %
*113%
1,900
13%
19%
19%
16%
19%
13%
•
13%
10%
100
53'A
16'/8
19%
19%
;
20%,
-
150
*15%
5Ta
57/a
5%
53A
Mouday
Jan. 26
1
19%
19%
''85%
86'%
13 '/4
85%
170
6'/8
2,800
3,900
21'A
100
92%
*24%
20'A
■
;
33i5/e.
33'%
33%
33%
34'A
33%
34'/a
47%
47,3 a-'
13%
13% >'
20%
18 y®
16'A
5%
106
*104
14'%
-
*92
*
*T*
-—50
*31
*10'%
*48
**10%
,
Mapar
29 V«,
94»4
31%
*108%
f
*90
90
23 V»
93
90
23%
153',% 153'%
*98%
32
45,
*21%
11
*44
1
9
22%
*90
19
19'A :
48'A-
/ ./-.'48
18%
1a7»
16.'A
5.%
:
*25
313/A~
/
lZ'A.,,
:.,!*■ 48%
21%,
98'A
48%
48%
12
;V193A:
'-*.7;.'
18%;. ,19%
/
,
•// *15%,
;
.20'A
'
•
-
:
*7
93t
"/
..
.0
7.'A
*7'
31
.
,
31 ft
*31''■
12%
12%
*12%
•'
32'
/
13
4,300
.-/
12-/,///
2,000
2,600
14%.' 14%
■
400
//
11,300
'
-
■I-;
~
:
20'A
13,200 ■'
•
>
"."'A
: ;-7Ar./.
7-'
30%
30%
800 /200
"
200
/
/
140 '
12.%/.. 12%
..
•
60
2;ioo
>,
34%r.: -34%
*91 '•'• ••93
v.
9i000
-
/
6%
"••20
'5
va,
•/ .460
*103%...105 *■
)'/
34'A
94
*
11,100
*
•
19'A -:.
6,
20%
34'A
*91
:
,
100
16'A- "• 16 'A
,
20 'A
*.
,1,
600
26%
mm- 20 Vb
-.
.
3o
/
4
1'1%
6 %;
104
1,300 /
J
47"/: 48%
,
14%
20%/
3,4%/. 34%;
*91
■
7,'Ay V'
/ *31 -y. 3i3r
/%A2%, 12%...
/1"03%
14%/. 14%,
.
.
92-;/
105'%/
V
91/
187/a
16;%/
,
*103%
/
://
20'A
*16
16%../
»
/
.
1,100 ;
200 1'
'/
// 20%-•- 21«/4
*97% v 98%v
19'A'
11%
,
20%
:'*/
:
3%
;
40
VZ 200
•
*25'A-
19'/a
11%:
-9
*90
'
*
97%
,,
,
18%'..
9
1,200
/
■
46%.-.47 /
.
3%
27
5%.
92.-.
-V/i?-:
v
11 %<.
11%
*15%.
:
.
//;'•/ 18%
/
100
9%
46
*10'A
••
91/
■
3%
13%
-
21'%„/'21%
V/
10'A
:
3,500
1,400
[
104%
10%
109
*ioy*
V;
.
430
9%
"
48:'/*-
>:-94A
12'/a
.10%X
484%
*lOTs
'48%
29%
:///;. 21%,.. 21%,
:
1,100
46
10'A
15%
.
*3T
12'%
94'A
11
44%,
100
13
42
,
*12%;
47
*8%
,
*T
11%
21%
9 ■%.
100
20
12%
9 %
;
8,900
13%
42
'
12%
9%
9-300
49
20-
•
13
*40
'
4,900
■
13'A;.
42
12%
.
9%:
47
• •:
•••/•''*8%
9
,
7'A
13,'A.
9%*45
,
12%
42
■
*47
20%
45
lS JA:il8%.
*92
y.r-p
12'%
9%
*20
42
'12%
13,%,,
.
94»
'
*40%
; 104.
104%,
*104'/2 1Q6 ;
1
*14%; .14%; / / 14%' 14,% '
•4v 20 ;
2.0%
v1.' A 19% - 2CG%.
.3-4,'%
3.4'%
*34'/a. '34'%
,
1
*12'%. \ 12%
43
20%.
,/
44,'/4.
19'% !
5-%;
14 Va
13%,
■
15'%
19 % •;•. 19'%
35
*34'%
••
*10'A
*47
48 ; .A "A" 48'A
11% > 11% - - V 11%;
-
•
*20
46,
21%
a.
13%;
48
12%
»
*8%.
:,
13%.
s
20'%
9%.'
'
*47 /
•
r
r
;V
91//, ; 91'%, ,r/ *89%./ 91
3%":/ A-/'*3,34: . 3,%,. /-./. *33A • 3%
*24%
26,'A,
25%
25%
26
20'% - if 20.'A
-20/%- ■V : : 20.1/4.
20%.
-98'
98
'
98
98'A
98 : '.*r
19
18'A
*15%
5%
•-
•
.:
47'%
U7/a
*11%
"
48
.
.
91 A,
33A
*245a
20'A
97%
19%
47'%
f
*.
No par
No par
44%
46,..
10%
k
91
97%
*19
,
2
.100
55.
*20
,45..
'
,
26'%
97%
"
A
3%
"
prefemari:
21 %
54%
44'A
12%
.21',A
.
44%
3%
__No par
Union Oil at California!
25
Uninn Paeif^a RR CO: aommon—.100
/
46
lO'/A
44%
par
Ua*liCo of Mo pfd $^50 sex—No-par
BhefiBrrodi $3.70 swiiwBftpar
Eoeferredi $3.50 seritafe.
_No par
21'A.
~
11
*44
*90'%..
14,300
20%-
44
13'A.
8%";"
*10'A.
24,300
55%.
*12%
,*21
.
200
56%
55%
22
*46,
:
9'/a-
8%
21%
21 Vs-
;
55
13.'%,
9'%
56
2,200
42%
*12% *
*8%
55 Vb
16%
21%
13'%
/
55%'
i
54%
'42
.
54%
100
4%
is y2
-42%
12%
9'%
v
for
Stiares
10%
4%-
16% /
33.
»
20'%
*45
*10%
16 %
41%
42'%
9%
10%
•Z 4% /.
16%-/ 16%/'
54 %r.
12%
46
*4'A
$ per share
41%
*41'%
*9y2-
*10%
4'A
Sales
the Week
54%-
12%
*45
$ per share
10%
,
Friday
tJan.30
.
4i
*12%.
No par
CaCbon
/..4'A;
41%
■
com..Na par
/
*10%
4%
16 %r
12%,
1
Jan. 29
54'%
.
13'%
*20
6
Thursday
10%
41%-
NO par
preferred-;
20%
*20
6
PRICES
$ per share
.211 ,.2i%,;
./ 48
13 'A»
13/A
6
,
,
Jan. 28
54,%n ..i55,%
.
6
Wednesday
16%.
-33
*46
48
SALE
...
*4'A
42
32%
,
♦10%
54%.
.
41
32%
*46
No par
_v
54'%
AND* HIGH
S per share
21'%,
20%
y
5%.
Tuesday
$ per share
55
32%.
50
—l.—'
~
•
6
,pJan.
20%
—No par
Transit com—No par
Co
■
*41'A ! 42
Nb par
Car
/ 2,000
10
20.%
20%
—
U
Union, Tank
7,300
14%
19 Vs
*54'%
k
——No par
—_5
Cbntuw Fox Film;
non-cum?
29%
14
36
16'%
10%,
$4.5Q prion preferreds
40n
2Q.3i.
tper share
Axle
&
29%
141/a
19'A
57/a
Associated- Qil com—lo
Unioa Carhidfi
30'%
14
10 y*
10'A
10
10%
*97
52%
'114
36%
10'A,
*146
ia%;.
100
52'%
115'%
10
36'%
*16
300
29%,
k
36
19%
^.100
•
;
preferred
praor
io.y4
52'%,
*114
.
151
*85 '
10
;
$L5ffi preferred
oonv
115'%
16
*97,
101
52'%
54%.
1
I
preferred
Coach
10%
*10'A
53%
preferred
Truas-Traer; Corp
5 %
14
18'%
I
preferrodL
Twin
30%
13%
A
36
—50c
preferred;
Twin,City/Rap
8,800
91%
91%
19%
*15%
Transcont'l & Western, Air Inc.
5
Tramue & Williams. SleeL
No par
Tri-Continental. Corp comriioa..
1
20thi
34%
*90
34
33%
*90
19'A
54'%
Trust.—
Roller BearingtTcansamerioa Corp
i_»,
$6
33
91
18%
*145
No par
common,
Detroit
33%
30%
.
19%
53%
Udyllhs Corp (The)^
—1
Underwood GTorp
i
__Mo par
Union. Asbestos & Rubber C01
i.__5
Uniom Bag
Paper^.Jfopax
Sep
85
Water
1,300
33%
91
33%
91
18%
4'%
16%
)
common.
f
15% July
43.% May
105
Tide
13%
18%
10'%
& Oil—
Timken
10% May
Jan.
*12%
18%
u—25
Ry Ca;
preferred—
cum
12%
18%
*4'A
*16'%
Thompson.-Sfcarrett Cfai oonu-Nia
$3.50;
12%
13'/a
*114
Thompson. (J R)
15
Thompson. Products, aom_—Nqpar
Jan 20
12%
19'A
*10'%
Third Avenue Transit Corp—No par
Thomas Steel'Co (The)—
1
23% Jan
tQ'A. Jan. 26
Jan
400
12 %
12%
16%
4'%
Thermoid
59%
200
39
19%
16%
lQi/a-Jan,
Sep
40 y2
16%
*97
2,500
*39
13%
i
.13%
*38%
19%
10'A
13,800
133a
38IA
13 'A
52'%
34,400
28
97
40%
19'%
101
73'A
27
38'A
39%
13%
10'A
18,200
38
39%
A 38
13
10%
13% Jan 15
May
*39
1,500
25,300
39'A
72
'
13%
13'/a
13%
119'A
*4%
47 '/a Jan.
10
13%
1,000
61
*95
.)
97
kl6
16%
8
38-
*95
97
19%
5
16
9%, Jan.
13%
33 '/a
71''A
27.
91'A
103%
163a
5
9><
26,
17,000
90
101
13
9
1
401/4. Jan
8%- Jan
27%
69%
26%
*95
23%
24%
SO
13
Par
24
Feb
72%
26%
LOW
41% Jan
14%
71'/a
■'
71
26%
97
13%
Jan. 24
Feb
6% Aug
16% Jan
24%
'38%
30%
Saturday
59%
Co
200
101
16 Va
STOCK
.
div conv
39'A
■91
*■
Dec
$2.Vz
6,000
"
41
8
60
26
90
19%
52'%
Thatcher Glass Mfg Co. common—5
$2.40;conv preferredNa par
The Fair
Nor par
29
900
101
*
16'A
1
8
Jan,
39
12'%
16'A
15
12%, Jan
9'/2;Jan
39'4
13%
39
Jan
46
38%
30'/a
16'A
Mi/a Jan.
Feb
39
30%
39
12% Jan, 22 '
Feb
80
1,100
86%
58 %
.1'3%
16%
19-
13%, Feb
56%
13%
38%
Feb
17%
55 %
30'%
.
38%
21%
60%
55%
23%
24%
19%
>*."
Producing
Sulphur—
conv
543A
26%
33'%
*16'A
19%. Dec
Dec
8,600
103%
25%
55»%
69%
c
91'A
—_10
Dec
May
9% May
%
28
*85%
4
89
12%
*97
(The)—4.16%
Corp
Inc,
24
18%
25
66 3
102
13'A
33 Vs
20'A
Dec
12
*85%
10
*27'A
100%
13'A
91'%
20y4
18%
45
86'%
12%.
No par
12%
,,
9,300
17%
*103
25%
88%
*95
33'%
10'A
Corp;.
.
Pacific
&
$-1.25
25%
103',% 104
38%,
97
91'A
10
(The)___
Gulf
13%
21
25%
*19'A
.
r_—25
Texas Pacific Land
9,
103%
100%
12%
10'A
Corp__-
Texas-Pacific
41
Dec
27%
24'%
13%
A'i".
36
(James)
Texa6. Gulf
24
'/ 58%, Nov
A
27
54'%
50
YORK
.V).
Jan
<
1,300
■
69 'A
17%,
90%
12-%
EXCHANGE
•
/
13'%
Sylvania Elnc Prod Inc com..No par
'__No par
;
27'%
86'%
12%
10
1
Co__
$4 preferred,
Symington. Gould
20% Aug
Jan
15%
Range since Jan. ILowest
$ per share
3% May
13% May
53% Sep
46% May
21% Jan
A
9%
*68%
17%
*102%
39
A—10c
STOCKS
V Highest A;
10 Va
68%
40% >
?6
Co—,
Range for Previous
•
9%
68%
17'%.
25%
*37%,
1
California.
Paper
Sweets Co of America
Swift
9'A.
24
56
71--
70-
30'%
Swift International Ltd
8
40
74%
17,%,
27%
*39%
1
Superior Steel: Corp
6V
Jari
900
7
*72
68
103%,,
37'%-
1
(The)„1
9
87%. Jan
8«
14
Superheater Co
Superior Oil of
43% Jan.
16% Jan
//
27%
41'A
12.50
Co/
13
36% Jan. 19-,
9%
68
37%
13 Va
;
Jan
22:
19
Jan
53AJan
29;,
3,000
> 17'A
*39%
33%
cum)„__.100
Sunray- Oil Corp
18% Jan
.
29
30%
79%
21% Jan
160
38%, Jan
Mar
Jan
4%
24
38'/4
—No par
Sunshine Biscuits Inc
9%, Jan 29
1,900
4%
*6%.
•74
*71'%
16%
23%
41'%
*91
No par
Qil Co common.'
45%
13%'Mar
74
16'/a
24'A
*12'%
.
20
liy8Jan
Jan
8% May
17% May
1,700
72
23%'
*37%
-__No par
32% May
-
62
23% <
*40
<
30%
cpmmon
58
6,
62
*70%
72
23
9'A
100%
39%
^
*95
13'A
5
'
,
19
117'A Jan
7,900
61%
*70'%
*88 /
"V
26%. 26%
"
97
15
22
.
70
26%
24'A.
-
383/4.
13'A
100
1Q% Jan
Apr
75% Mar
125
common..
Stone & Webster
5
38%
22%
86'%
39
70
l.
5
>
52%:ian
21% Jan
38
29
*85%
55%
26'%
50
preferred
Stokley-Van Camp Inc
5%. prior preferred
2
38%
61
60%
15,500
37%
72
2,900
48%
29
87
55'%
*95
No par
Studebaker Corp (The)
Sun. Chemical Corp common—)
Feb
109%
July
51
L S
(J P) & Co Inc
Stewart-Warner Corp
8
Feb
Jun
preferred,
(The)
Stevens
Feb
2,000
48
29
87
;
387/s
.
1
common
Sterling Drug Inc
Jan
91% Jan
37%
29'A
22%
49%
28%
25%
55'A
100
Stercht Bros. Stores Xhe
32% Jan
19%
%
Spring
5
27
13% May
10% May
Steel
convertible
22
48%
22
'•
23y2
par
25
preferred series A
Starrett.Co
Jan
49%
*28%
,
28%
25 Vs
102
Jan
Oct
22%
*71'%
*102%
*100
91
36%
104% Mar
29
22'A
7
25%
100
33
Dec
Nov
.42
28%
22%
4%
103'%
100
29% Jan
88
30%
41%
*41'A
28%
7
*102%
-
$>7 prioc preferred
__No par
Standard Oil'of California—No par
4%
*41'A
'
42
a
28%
9'/a
.-.
90
2'-
Jan
1,200
47/a
25'%
'
26
23%
Standard
47
41'/2
6%
27'%
90
2
49
41V2
4%
27%
24
3%.%
Jun
41%
4%
17
93
12
May
7.00
41%
*6%
68%
*91
22;
37
15%
43
28%
'
100
15%
16'A
17
68
No par
96
15% Jan
pref__No
$6 prior preferred—
31%! Jail
Jan
1,600
*40'A
16
16'/«
27'/4
103%
25%
Standard Oil of New; Jersey-L
25
Standard Oil: o£ Ohio common—10
•
6 Va
6 Va
42
16'A
68%.
^
//"A-'/:..
105 % Jan
Feb
41 %
'
>"'■
23
13%. Jan. 22
10% May
Standard G & E Co $4
27
2-
2,500
15%
16 'A
74
55,900
4'/a
41%
*70'%-
17
•
*16%
28
*83
i
68
167/8
*102'%
No par
12
Jan
*71
9%
9
9'%
*67y2
•
1
common
Jan
96
6 Va
6'/a
*41
200
15%
4
•
16%
24;%, Jan
Jan
23
15%
4
6%
22%
5
95
1Q0
*22'%
15%
4%
28%
22'%
_Nb par
I
17 % May
22%
4'
16
60%'
•
16'/a
71%.
1
81'
91
37
,
72
16
28'/4
2
i.
*87%
'
18 % Jan
Jan A 5
*70%
28'A
—1
—1
Sons
&
*70
1,000
91
47'%
,
60'%
4%
70.
37%
60'A
6%
*6%
No par
34
28'%.
37'/a
4%
14
102
36%
72'
33 'A
22 3
1.
48
6%
.
*70'/2
72
700
34
15%
'
43
/■
*41''A
42%
4%
Spencer
29
41'%
47'/a
60%
60%
60'/2
*41
7
67%;.Jan 20
Dec
60y2
1,100
54
6%
16
42%
41'%
4%
16% Jan
Dec
42%
4%
A__.
preferred
Feb
23%
*41%
16yB
$5.50.
Jan
6 '/a
*41
16
*15%
'•
2,400
:
*52%.
4%-
43
15%
42'/2
4
6'/a
43
15%
15%
Feb
83-
15%
6 '/8
45%
19,500
//
20
*22%
22%
15'A
4
16'A
Nov
-
22'/a
15%
4'
l6i/4
Nov
27;
22%
15%
6'A
6'A
*42
16%
106
20
*87%
92
22%
*70%
18%
v
*875/a
*88'%
100
90 %
Dec
13% May
92
700
4,500
'
Spalding (A G) & Bros Inc
1
Sparks Withington—•—_—No par
Spear & Cot common
.
—1
29% Jan
16% May
33%
37'
20
23%
33% A
36%.
6%. Jan
73:
33'%
47%
Jan
5
33
46%
18
7
73
2,400
-/
41
104'%
"/
11,600
5 Vs
30'A
16'/a
53'%
46%
2.6
Jan
53
46
21
7)1
52'%
22%
,4'A-Jan
93%' Jan
52'%
'
29
15%. Jan
Dec
53
22
5%
May
52-'A
28%
Mobile & Ohio stock tr ctfs
6
4
/•
16%
105 '/8
54
22'/2
Jan
73
15%
29%
20
92
22%,
15%
4'A
*22
36
16%
103 '/4
20
42>/2
35V2
16'A
101%
33'/2
,
5 !/a,
*40
20%'.
28%
common—No par
6'/2
20
*41
28%
22«/8
No nar
33%
6%
101
22%
Jan
4% Jan
10%
32%
41
*39%
1,800
400
6%
5'A,
29% ;'30'A
,
20%
-
28%
64
non-cunt
16%
41.
100
■
,
13
32%
/ 5'A
2,500
,
:
v
14%
*12%
100,'A
.
22%
73
1
IG'/a
100
13
6%
./
Shares
72%
14%
for
the Week
20%., 20%
*71%
14%
32 %
«/B
29%
*39%
'
28%
5
Jan
43
6
5%
29%
7.50
Co
32%
*'
20%,
73
20
>
41%
*41
29'%
Edison.—_—25
Gas
Railway
98 t
20
*32-'A
*88%>-
„•
6%
41%
Jan
29% Jan
*6Vs
South; Porto Rito Sugar com_.No par
ff'/o
preferred
—25
Dec
28
16%
i 16
.
16
28 %
34%
*40
45'/2
34%
42
29%.
15%
* 3%
*15'/2
42%
■
*40%
*42
Dec
6,
42%
5
Nov
Jan
29%
6%
;
20%
1
Sales
t
Jan. 8(1
$ per share
73
:
74
*5'/a
29%
20%
'6%
5%
92
22%
3%
,__;_50
_i
Greyhound Lines
July
41
6%
5%
16'A
15%
South, Carolina E & G Co com__7.50
Southeastern
22
'2jT%» Jan i 2
32'%
6%'
5%";." 5%
'42'/2
*221/4
1
& Platinum
27
.
20
cumulative
South. Amer Gold
16% Jan
45
19
33
6%
29%
16 y8
;
.
preferred:—100
Smith) & Corona Typewriter
No par
Socony Vacuum Oil Co, Inc
_15
17% Jan
5'A
7
O)
(A
2
24% Jan
17%
3'/2 May
5
32%
6%.
*40*
—
2"
Dec
13% Mar
22
32%
'32
20 y4
5'A
32'A
12
Jan
13
32'A
*88'/2
35% Jan
Jan
12%
*52
88% Jan
6
12%;
53
24
15 %: Jan
13
*52
13'
43
*12'%,.
Jan
Jan
Jan
12%
Smith
32'A Jan
Jan
*12>/8
07%
87
Apr
13
*19%
Oct
8%
14%
98 '/a
Jun
22%
14%
20 Vs
39 %
54%
14%
*97
102%
Oct
*71 Va
1!4%
*19%
Dec
Nov
20'A
74 v.
A
—15
Sloss-Sheffield! Steel & Iron——20
87'A
14'% May
*71'%
20'A
Friday
'
$ per share
*14'A
'
31%
29'/a
»"■
Thursday
/ Jan. 21)
i
,
$ per share
14%
*•.
'
Jan
58
24
No par
Jan. 28
$ per share
20%
PRICES
Wednesday
75-
*5
No par
May
15
5%
SALE
20'A
*71'A
14'A
6Va
,
No par
Col_3
•
31'A
1
5
29% Jan
42
HIGH
Jan. 27
14 'A
*12%
,
15
Jan
29% May
AND
Tuesday
.
.
,
$ per share
No par
39;
.
$ per share
series A
41
14
Jan.
common
(Frank
27% May
65
Monday
JUn. 21
Sheraton Corp of America—
Silver King Coalition Mines
7'%. Jan
Feb
38
LGW
•
Saturday
,
G>
$3.50: conv pref
6%
'
Sharpe & Dohme
Shatfcuck
6% May
Apr
•'
'
STOCK
Par
15 V» Jan
2C
Jan
73'
4
Apr
YORK
EXCHANGE
$ per share
14'/4
May
NEW
Highest
Lowest
$ per share
■
70
18
"
'
Range since Jan. 1
Year 1947
Lowest
'
..
* 29 3A
94
•
*108%
%
*91
90
22%
109
•
93
90
23'A»
99'A
32
31%
100
-
32'A.
*10'A
II"'.:-
; 30%:
3LL ./
95%,
94%
,
10%
10%-
10.%.
10%
11'A
.
•
40%
*91
93
..
22%
23'/a:
;,
32%
33 /
31
99
*90 v --•93
'■
23
160!
99'A 100: r.
33
\
'.
33 y4s
'■
*90
*89
23'A
r
159%
.
10%
% ;: 31;%:.,
*107%
/
98 k
*89
-
10%
/
.
90
:48%
v97% :'98'1A'
xl07% 107%.
■
,
•
48;-/
•10%
30% -31.
:
-
90-
/ 98%, 100
•
473A
'•..10%
-
108% l09«
1553/4» 158,
154 '/2 -155
100
10%
47%
30'A.
95%,'
"
♦lO'/e
*10%
48%
DL%
V 99,%/
lOft'A
: 93. /:."
90
'i'
23'A
.
23%.
161%
l'63,'/4r
*98% 100
33 Va
34
:
•;
' 49 C "
49
*107*:
"30%
11
99%./:/
*90 «■.
Va.,
23 »%•
161
99
•34
.
r
..'200
^
•
4*800 '•
10,700
,
.90
•
•/.
93
90 :
■
23%
/ 161
3A
1,200 '•
-
' 'V
107% 107%
*89
700
>
r.
31%//'
99 Yv
;'!•••"
•
100
8J00
.
99%.//
34%:
H900
-
•/ 800
*'•
2:100
167 Number 4669
Volume
THE COMMERCIAL & FINANCIAL CHRONICLE
'
:
(563)
NEW YORK STOCK RECORD
STOCKS
Range for Previous
Year *#47
Range since Jan, 1.
Lowest
Lowest
t pet share
a
Highest
$ per share
IS7/a May
102
t
15%
•
Dec
18 %
Dec
110
i
Dec
75
11
25%
Dec
Sep
28%
Apr
120%
;
•
18% Jan
12
5%
28
''.,77%
24% Nov
•
Jan
Inc
common,—10
Jun-
28 %
35
26%
ir
Jan?'
3% Dec
•:* 50
Dec
/..rA\2%
41
•r
j
83
"7
v
5%
"65%
Dec
95
-33
44%
Jan
20 ••
Dec!-
6
68
90 Va Jan
May
f
107%
Dec
'
196% Mar1,
13%
Dec
>
71%
Dec
Feb
33%
Jan
94
Feb
Dec
•
53%
Feb
9%
Oct
,
'
25%
16%
Jan
9%
*
Jan
Dec
35
-
24%
<
' •■■i
May.
46%
Dec
Feb
73
39
Dec
103 %
40%.-
Dec
V 60%
:
Dec
•165
Feb w'
Y 38% May
67
■' Dec
51% July
81
97
Dec
105 Vi
Jan
12
175
Jan
23
•
,,14'/2 Jan
.
72>
.
.2 A
:•
21 ".
Jan
42% Jan
:,
•
9
8% Jan
36
..
Jan.
10
'JAn
27
Jan .13
Jan; 22
53
33 %"Jan
133
Dec
150
% xl7%
Nov
38
23
Dec
-
8
.
Jan
>
96%. Dec
;
;
Feb
48%
■
5-'"': Jan
<v
Feb
8(4
Oct
1
12(4
Jan
2
19
134
Jan
Y 9% Jan
Feb '
•::
5%
Dec
x33%
t
Dec
■I'-) 16
May
4% May
t ..20
163%
Dec
Dec
192"*
;
-
••
23
27
95%
95 ya
class
4% Jan
20
V9 Jan 22
'
Feb:
22
Feb
14% Jan
187
Feb
13% Jun
84
i
'
64
Jan
15
16% Jan
•'
Dec
V
2
14 7A Jan
23
29y2 Jan
Nov
25
94V2
•
83% Nov
12% Jan-
Feb
Jan
26
47% Jan
85
"
Dec
Norman "Co~JSi
Raalte
Co
2
87% Jan
8
89% Jan
16
97%
5%
69
Nov
May
'i--34'A
Y 31%
% 31
112
Nov
100 % Jan
Nov
"16%
Oct
«14% Jan
7
Dec
121
Feb
109
Jan
6
18
Y
14
5 107%
Jan
10%
7
Dec
45
Dec
-
40
23
Feb
.35% Jan
l
-
31% Jan
Jan
106
5
Jan
20
Jan
8
19
Jan
38
Feb
32% Jan
15-
Dec
33%
Nov
32% Jan
20
32% Jan
Aug
33%
Oct
32% Jan
13
32% Jan
uon-cum
:
Jan
-.
!
$ per share
& per share
66
Jan
2
Wabash
15% Jan
8
Waldorf System—
29(4
Apr
36%
Feb
31
14
32% Jan
23
Dec
109 "
July
100% Jan
9
103% Jan
22
24(4
Jan
20(4 Jan
14
9(4 Jan
11% Jan
22
10% Jart
22
12
Jan
8
Jan
27
91
Jan
5
5% Ve
•31(4 Jan
23
13% Jan
8
Warner
Dec
12
Dec
106% Mar
18%
36%
May
86
Feb
Nov
RR
4%
Walgreen Co
4%
%
3.
?*
"5%
37%
Dec
2
3%%
21(4 Jan
30 % Jan
pfd
2
43% Jan
26
48% Jan
5
Feb
84% Jan
29
86% Jan
2
Jan
21% Jan
27
24% Jan-
9.
West
Indies
Jan
19
West
Penn
17
•
108'/* Jan 2i>.
Class A
121'4
Jan
114
y* Jan
5
117(4 Jan
13
7%
Jan
104% Jan
9
108% Jan 23
6Ve
106,%
"5% May
•y'4
May
9% May
65
,
May ;
26% May
19% May
2
11% Jan
Jan
28
Mar
69:
-
-Jan
12
84
July
29'/* May
5'4 May
,
72% Jan
19'A Jan
34% Jan
24
37% Jan.
26
30(4 Jan
5
Aug
89% Jan
27
S4
95
Dec
v.
.
20% Jan
Jan
Y
Jan
2
98'/2 Jan
32% Jan
43% Jan
Jan
90 Vz Jan
80
Jan
5
Feb
99(4. Jan
22
53(4 Oct
101(4 Mar
34
t*
5
90
.
38(4 Jan
Jan
22
8
5
Feb
26(4 Jan
6
27%. Jan
20% Jan
23
23% Jan
11
23
12% Jan
9
Jan
19
28% Jan
15
9 Vz Jan
22
11% Jan
2:
90
Feb
Feb
34
Feb
12%
,,
see
page
28
24.
13
26(4
26%
2,400
13
13(4
14 y*
1,800
25'A
25'A
25'4
92
*86y2 •89
921
*88
25%
2,100
12(4
13
2,300
26'4
26%
13
42
•42%
y4
25%
*86 y2
90
*86(4
92
*88
92
43
43
42%
*87
89
*87
88%
95
*87
95
*87
95
8%
8%
*100.(4 103
16
103
*101
.
16
15%
112(4
8%
8%
113
102
ley.
16'/a
114
19(4
19(4
16'(4
*36%
37%
*36%
31%
31%
31%
33(4
*32%
33%
*31
32
*31
32
*31'A
32%
*31'A
32%
93
44%
44'/*
*87(4
"103
18%
9%
*18%
2,500
200
16'A
11,300
113%
400-
19
19
37%
37
37%
37%
37%
1,000
32
31%
31%
*31%
32(4
1,200
,,19%
*32(4
33%
33
33
*31
32
*31
32
*31
,32
*31
*31(4
.
9%
104
16(4
*113
,
50
95
104
113
3,200
89
1
9'/a
16 (4
.
44%
*87'/a
*85
105
16
113
!
44'A
89
95
9(4
16'/a
.
500
92
*89
*87
104
16
19(4
32
*87
"w
112%.; 113(4
37%
32
92
93
9
*101(4
102
.,
44
•90
8%
27'/*
*86'4
*89
.
87%/.
37%
*80
8%
16
114
113
/
43%
89
*87
8%
*25.'/*
90
*89
92 V
32%
*31
32%
*31
32%
*31
SALE
210
PRICES
AND
HIGH
*32
'/*
33
34
*33
200
32
32(4
Monday
Jan. 27
$ per share
$ per share
Tuesday
Jan. 26
$ per share
Wednesday
Thursday
Jan. 28
Friday
Jan.29
$ per share
Jan. 30
S per share
$ per
share
Sales
for
the Week
Shares
*102'/*
*102%
103
*102%
103%
*103
20%
20%
9%
9(4
9(4
9(4
64
1
11%.
cum
,
11'A
11
Y 9
21'A
(4"
11%
87'A
86
86
11%
Y': *86
11%
11%
11%
11%
11%'i
Pipe—No.par
26%
26%
26%
26%
27%
*27'A
23
9%
11%87
Y
11%
Feb
9,
22%.
1948—
5
18
23%
21'/*
21(4
21%
18
*17%
18%
18
18
20
20
*19(4
20
*29(4
30
,Y.
*19'/2
19%
20
29(4
29%
*29%
30
5
5%
5%
YY. 5%
20
9,000
9%
2,500
-
23(4
117%
119
21%
*29(4
;
11%
11%
28(4
23%
22
*17%
24%
11%
27. (f
400
16,900
24(4
21%
21%
18%
18%
*18'A
50
123%
21%
23%
118
18%
"Y
2,000
14,400
24%
120'4
*21%
117%
*21%
11%
80
11%
27%
Y
11%
86
A
87%
20
,*29%
121
400
20
20
20
30
670
1,000
19
500
30
*29%
100
"
No par
.
.
43%
44(4
44%
85
85%
85
85
45(4
84%
84%
22%
21%
22'A
21%
22
22'A
223/4
15%
15
15
15
15%
15'A
15%
15(4
15%
15%
15:%
*108'A
109'4
*108'A
108
*108(4
109'A
115(4
115'A
*1151/4
107
107
107 y2
108%
43
7-i/a
v
34%
26(4
series A—10Q
91 >"
i—100.,
*
72
.
;
19%
35(4
35%
V;
/26%
26%
91%
*96(4
/>••. 39
No par
39
*89%
100
.
■
90
*85
90
100
109'A
300
•
: 4,600
9,800
10
;
103%
7%
39'A
115%
116
180
107
107'A
*106
107
90
106%
*106
103%
38%
115%
■
7%
*103%
8
115%
IO71/4
500
42%
42%
1,100
,103'A
103(4
40
43'A
105
8'A
*734
7%
1,900
39'A
39'A
38%
39'A
3,700
"10'A
10
1034
"31
30%
30%
:
'
10
3.1 ,:■»
Vz
30%
31
71%:
7.1%
■;■■■
10(4
31
,
*68
10'A
10%
32 ;YY
x31'/2
32
30
*30%
32(4
1,700
71%
*30%
*69
71%
*69
71(4
100
"
19%
;
22%
19%
19*/*
19%
35%
36
35%
35%
•19%
35%
19%
36'A
26%
27%.
26%
27'A
'27'4
27%"
89%
90
89%
90
Y"
30
4,200
600
;> 19%
19 3A
6,200
36 Y
36%
27%
28
5,300
12,500
90-'A
90
967/a
967/e
97
97
"
"
*89'/a
96%
"96 'A
96%
96'A
96'A
2,700
32
31%
32'A
*31
32
'
'32
32
31%.
31%
400
38 %
38%
3.300
89%
*99%
310
No par
No par
38(4
38'A
Y 89 %
38%
*85
'
39%
40
90
89%.
90%
*88
90
88
88
101
38%
38'A
39
90(4
90
90 »A
*26%
27%
26%
26%
21(4
21%
21
21 Vi.:
White
Sewiiig
*11
11%
*11
*90(4
92%
*27%
29(4
934
9%,
9%
1
—No par
—20
5
■-
•
39
"90
90
*99%
101
38%.
90
-•
*90
com
Y
85
96%
*31'A
20
Machine
-
43
47
84 34
106'4
Y: '43'A
108
42'A
,
90
97
32%
7%
39
106%
46 y4
22 'A
46
3,000
1,700
90
90
210
"
.?
No. par .
Co
7
19%
Y
7%
19%
71%
19%.
,
42 y4
104
31 : '
7
31
68
108(4
1 38%
.
10'A
30
35
>26%
*31(4.
12.50
9%
30
31 Y
.
107'A
*41'/2
38'A
9%
115%
107'A
*103
7%
38(4
*108'A
115%
107
108'A
42
104
7(4
109
116
106
108%
42
*103
•
38%
*19%
par
12%.
43%
,
108
103%
*7.
a^nq par
W
:
108(4
*38%
*66
85
116
42%
; 103%
•
43%
f
109%
30%
com-^
5%
22(4
30
preferred-;
*5%
85
*107%
*107%
"
100 /
com
5%
43%
>9%
-
5%
23
*29%
pfd series, B
Instrument-
5%
86(4
*108
*115(4
-
No par
com-
5%
43%
15
1:
Brake!—No
5%
43%
100
A—
5%
■
*22%
—100
com_l
5%
•
*85 Y
r
*28(4
preferred
24
23%
119
1
-
60
21%
9%
9%
11%
Y
30
:
700
1033,4
2134
•22
28'A
23
5
—
^
"11%
*86
28
21
21
1
*27
113(4
113(4
No par
Ry com__—Y100
preferred
Oil Co
9*4
iiy*
,_l
conv
9'A
*85%
Motor
Prior
9%
21%
*64'A
66
-
$5 conv prior pref
White Dental Mfg (The S, S).—
Wilcox
20%
...■
White
„
20%
11%
RR
pfd
103
20%
*64'A
87%
2nd. pfd—-100:
Air,
103
64
11(4
preferred—^
conv
i'
103
64
66
*85%
—
Supply:Co—10/A
series
cum;
11%
i
*64
66
V—5
Wheeling Steel Corp
$4
Dec
For footnotes
Jan
127%
16
16
13(4
20%
——
Pacific
Elec
5(4%
5
17%
13 V. "
16%
1
137/a
*25
20.(4
.Wheeling & L Erie Ry
7
29(4 Feb
13
25%
...
*87 >
No, par
—No par
—
—
5
Jan.
13(4
25%
.
*41 %
•
_!00
:
Western Union Teleg class
$3.75
7
47 (4 Jan
;y 13(4
14
*102%. 103%
1—
Westvaco Chlorine Prod—
Common
12
92
13%
25--
16
24%
'
400
—
Maryland
Preferred
3.80%
1
90
Auto
non-cum
Weston
2
Jan
4%
/• 3(4%/
28
100% Jan
14
24%
*88
—100
—„.
Westinghouse
2
38% Jan 26
14(4
24%
200
", Westinghouse Electric
9
16
85
•
.
10.
Dec
76
103".
r 5
30'/* Jan
Jan
43 Vz
22
Western
Western
8
26% Jan
-
■y..
18
Dec
55
•
;
10.
32
.
14%
24%
15 y4
Western Air Lines Inc—
10
3.5(4 Jan
13
-
9'4 May
:
20
f
16%
14%
24%,
'
preferred—+———100,
.Western
10
Jan
102'/2 July
62% Mar Y
Dec
44% Jan
16%
14%
24(4
*86%
West Penn Power 4(4%, pfd
_100
West Va Pulp '& Paper com—No par
4'A%
8% Jan 29
22
29
,
Feb
106% July
Dec
May
2
>.
5
12
105
!
Dec
90
6..
Jan
31
Nov/
^1
8!% Jan
44
26%. Sep
38'/* Oct
30
99
Jan
110% Jan
105% Jan
28% Jan
90
94'/2
May
6% Jan
38
9'4 Dec
Dec
26
6
32% Dec
17
May
.27'A May
22% May
82%
19
42'A
Dec
Dec
88
29
39% Jan
103% Jan
10'/. Jan
75(4- Jan
38% May
;26%
106% Jan
Oct
Jan
15
14%
66
preferred
47
16%
450
31(4
preferred
112%
113 Y
15
13%
Sugar Corp—1
Elec Co' (The)—No.par
116 VA Aug
,
58
2574
*32
Wesson Oil & Snowdr com—^No par
$4 conv preferredNo.par
Dec
32% May
ios
Dec
58'
*14%
called
Dec
NOV
58
*31
Pictures
103%
112%
15%
57
14%
■Webster Tobacco Inc
90
•
15%
58%
,20
3,100
13'4
31%
Wayne Knitting Mills
Wayne Pump Co
34'4
•
58%
160
13%
14%
Waukesha Motor Co
6
59
400
20'/2
*155
13'/* " "
3.1'4
10
24
59
20%
20%
160
13%
Y
15
Washington Gas Light Co
Jan
20 Vi
*156
13(4
32
30
Jan
20%
160
12%
31%
30
15
*20 '
*156
13(4
500
*14%
19
106
20%
159
100
4%
14%
21(4 Jan
117'4 Mar
18
4%
32'A
123% Jan
21(4 May'
Dec
*16%
^4
14%
preferred
Bros
83% May
•
18'/*
4%
5
*31%
Ward Baking Co common-
Nov
105
*16%
*4(4
14%
5
"
18%
5,700
32%
preferred—:
52%
Jan
*16%
-;Y
5
,
33(4
*64
23
6y8 Jan
*50'A
*31%
Warren Foundry &
26
33%
25
Warren Petroleum Corp new com—3
5% Jan
*30%
*14(4
2
-
100
5'A
32%
15(4
24
Jan
5
5y»
3,900
93
64
17% Jan
12%
59
10
93
31%
35
12%
.
5
800
5%
9%
9%
2,5tfO
40 y»
32%
5
19
20%
159
5(4
t
5%
*14%
Jan
26
13
.
.
*39
3,100
19%
.'19(4
96
*92
500
21,800
135 V*
xl35
y*
*31%
25(4 Jan
Jan
20%
161
:•
25%,
Par
32
19% Jan
*4%:
Saturday
13
29
.5
75
2,700
68
5%
9^4
9%
96
80O
v
24
Feb
9%
*94
5.(4
*5(4
7,100
,
46%
74 "4
*39
5%
•
44%
*67(4
i9y2 / 19%
40(4
19%
40%
5%
LOW
!.*
26% Jan
Y; Feb
19%
30
42%
131
_No par
20'A Jan
41
5(4
42(4
137-y2
,
*16% A18
*14',
5
113 (4 Jan
26%
136%
,400
4,000
91
preferred—100
'.
No par
common
Feb
Dec
>
Jan.24
Jan
Sep
136%
2,700
29%
*87
|
15,000
52
29(4
74%
*39
.
YYY7;
23%
30
;
5.
".•T54Y:
:_25
1____25
STOCK
27
20
:;
17(4
59
No par
oom
Walker (Hiram) G & W
Walworth Co.
:
29
Jan
68
74'/*
9%
*32 y*
12%
100
22% Jan
i97/a Dec
l7('a May
44%
44
67%
1,300
v
45
W
jYYY/vYYY'
24
88%
44
69%
Y
9'A
131
135%
100
*94
5(4
20 %
100
,
21
21
20'A
42 Vt
74%
'
preferred
YORK
Jan
.
9%
V
35%
*158
EXCHANGE
64
Feb
9%
IOO
*4%
Vulcan Detinning Co common—
1% cumulative preferred
,_20
,
14% Jan
Feb
34%
132
44
40
19%
*51%
73%
•••
5%
*16 *
comlllOO
Visking Corp: <TheT; 1——
8
Feb
19(4
*9%
*36%
Jan
13%
:.40
42'/*
132
133%,
43%
74 Y
19 V4
*5%
*18'%
17(4
Dec
1,100
"*9
52
*67%.
68%
.
42%
133
43%
*
19(4
*39
5%.:,
19%
75%
10%
19'A
4 Or
31'/a
NEW
Jan
42
134
135% 137(4
137V2,
5%:-
2.50
$ per share
22
41%
41%
134
37(4
Apr
100
42
134
31%
Apr
xl7'A May
7(4 May
900
6(4
Y
89%
*18%
13%
Jan
89
*32
_2.50,
common—
57
'
90
*35%
Highest
$ per share
92
*915
par
2nd Series
STOCKS
Lowest
-
50>
—
preferred—i——
Range since Jan. 1
-
Highest it
*89
*89
1,500
39%
29'/*
112'A
Range for Previous
Year 1947
28%
*5%
preferred-^——10Q
3%%" cumulative
6%
13
34
29%
Virginiaa Ry Co
5
30
53
28(4
preferred—
.1————100
VaJron Coal & Coke 4 '/o pfd-i—25
8
30
53
29
*19%
$5
37% Jan 30.
34
53%
29
*51
rt:
*38
44%.
*52
*38%
6% div partic preferred
100
Virginia Elec & Pwr Co com—No par
27
Oct
Lowest
—:
44%
52 ya
"
Y
•
16
114
44%.
120
13%
72
9y*
92
137 y2
A.:_A
Va-Carolina Chemical
8
,16% Jan
6
Jan
;
Jan"
43%
175
Y'Y 6%
34(4
19%.
29%
73(4
•
3 Va fo. preferred
";~8%Jan 24
43(4
68%
Yv Victor Chemical Works commonii._5
Oct
10%
5% May
43
42%
Inc
"
Dec
43%
42%
Inc. common—2
Vick Chemical Co
*
95
19.(4,
•
Vicks Shreve & Pacific Ry
42% Jan
19%
73'/a
new—!___i_110
A Vertientes-Camaguey Sugar Co—6%
Jan
Nov
34%
19%
9 y4.
69%
Vanadium. Corp of America—No. par
Feb
94
104% May
,
34%
19%
*9
72 y2
1
Van
10
50%
•1
:,35% May
34%
19(4
9.(4
*9
1,700
*172
38%
-
9y.
200
97'/*
it® 11 v mm
6.
Jan
39
34%
19(4
*42'
1
4%4. cum conv preferred
23.. Y Van
Jan
34%
*9
16%
13%
7
*6%'
34(4
34%'
51
preferred——l—>—i_^11100
Pictures-Co • Inc comlll-l
.4%% • preierrcdii!_i__-li.j>i-l00
5
26
6%
*89?
Universal
27
14% Jan
A'Y 0%
i-ilOO
—n
38(4
37%
7%.
*43VA
1
7
29
20%
12% May
26%
?
28
24 % Jan.. 26
-
l
Jan
57
preferred-
•,
38
160
%
*70%
37%
*68%
1 Universal Leaf Tobacco new_No
7
7,500
91
13%
72
*6%
,
No par
common
13%
72
*28%
Universal Laboratories Inc
5
14% Jan
20'/*
16
Y
175
.
13%
73
*72
"8%
-1-20
UniversaJ-Cvclops Steel Corp__1
2;
163% Jan
13% May
■:l
Jan
26
22
14 %
f-
23
Jan
91%
Dec
.
14
12% Jan
159
Feb
8
5% Jan
f
Corp
*172
13%
74
37%
■
*41%
A134
a Steel
174
173
13%
-
*72
7-
preferred—100
non-cum. 1st
United -Wall Paper
17% Jan
5
9,800
96%
19%
•
Unitedr-Storea $4:2(0 non-c 2d pfd__5
$6 conv .preferred
——No par
'f.
21
Jan
1,100
16
<
34 y2
1
.-l—lq
'Y
13
■
11,300
22
19%
17%
37%.
6%
common--!—_1
■
174-'.
*173
■
74
37%
,
No par
Card Co
Plywood Corp
•
13%
*72
preferred—V-—l-^—lQ
.'A—
175
-
*13%.
_No par
common
Foundiit^
S
*173
\
51%
15%
YY 96%
96
2,200
91
94
U S TqbaocQ Co xom.—_—^:_No par
7 %':non~eunv prefer red—2 5
5% Jan
34
50(4
19%
97
"50
2,700
,
*21%
94
}. United Stockyards -Corp
.
15%.*
19%
Smelting Ref &:Min com—1-50
Jiio preferred l__ll!'il_'-ii:l__<'_-50
97 % Jan .13?'
16% Jan'23
-Y
Mar
29%
Dec
Jan
Feb
23%
\
Dec-
56%
Feb 7
11%
Dec
5
Jan i'
Feb
29 v
22
3,600
69 (4
19%
42'/*..-
; 41%.
50'/*
15(4
92
7 %
5?
10 : :Jan
8
Jan
50
21%
15%
-*16(4
U
'r
50 y2
22
19%
8%
*
50%
16%
:
;
-19%
■
30,900
•
6%
*67
m*-
40y*,
95%
3% A -cum-psdi .series A_—_100
'U 8 Rubber "Co« common
Y_lo
-
19%
19'A
,
9,r
6
.
2%
43(4
„
,
6,300
53(4
-43.y*
*6
40 V..
95
.94
'
-
40
,
16%
96'A
18%
4%
2%
69%.
i
19
U
,:
*67
19 Vi
17 ya
U 8 Playing
,
; 8
57/a Jan
,
31% Jan
10%
22
40
68
■
,
3,500
32
"
:•/
*
6%
95(4.
9'.i
19% Jan
:
93
52
>
40(4
68
*5%
18%
U S Pipe 6s
'
109Vi Jun
39%
Y
6%
95(4
.
9.
40 % Jan.
!
;
•
•
19%
*5%
30%.
*52%
.
'
43 (4,
*16(4
Jari,;.13Y
70
140.%Jan^
27
38
19%
53%?
i
700
4
Y 2(4"
43
1,800
14
*30%
:
2%
■
22
30%
17
■
*9
78% Jan
2
;'Y5% Jan
69%
19%
600
-20%
14
i
97
•'»
U S
V
-7
22
18% Jan
Mar
*68(4
86
,
*52(4
2(4
43
18,900
*84%
4
*16(4.
137% Jari "-13
29
66'A Jan
6%
.
4
*95 VA
U S Lines Co common--—
5
9OV2 Jan.
■
28
18%
16,200
*
-No par
8
45-% Jan
.
l
S
7 Y •U S. Leather Co
/Y Partic &. conv
5
2
No par
com_
$^.5Ct preferred
U
8 Y
.
2
72(4 Jan
/
*5%
68
200
18%
i8y*
t
Freight Co-__^____Y:—._No -par
U S Gypsum Co confiraon—1—1-20
preferred-ll-1—1—:—.1-100
U S Hoffinam Machine','Corp—il
5
.4y4%;; preferred--—;
A-IllOO
U S Industrial Chemicals^—No par
12
Jan.
..
41% Jan " 6' f :
■-.{
Feb
80
61% May
2%
42%
*19% ,19%
39%
393A
US* Fo reign Sec urities_l__N op a r
5,'1
21% Jan-
21% Jan
Jan
53%
2(4
43 *4
15%
••;-9%Jan
131
68
3 •
*52%
2%
43 Vm
6%
*5%'
5
53%
/•"' *52%
2%
42%
42%
4
*21%
41% Jan 21Y -'•45%:Jan;Y''2:-
Y
-' Feb
2%-
32
15%
'
127%
30%
*30%
374
21 %
15
Jan
32
30
37A
Shares
share
26'/*
107(4
30
30%
33
3%
51 (4
12
89..
29%
*30(4
*30(4
*30%
,
3%
15%
22
28 %
July
14
21%
Jan
49
•
Jan
v
31
."*52%);"53%Y
1
preferred:y,_rY—.-r-100
'
23 Va May
A 92
20%
13%
50(4
42 'A Jan
Oct
20 »A
14
*13%
15%-
•
46%
20 y»
13:%
21 y*.
vJan
'
9
197A
20
J per
for
25%
85
51 %
22
34
84%
15Va
Y 18% Jan
23
Apr
84
21%
18% Jan
Oct
.10
84
51
Jan 26.
6% Jan
83^4^
19%
the Week
*106%
18'/*
13%
Sales
"
17%
13Y»
3%
26(4
18
United Merch. & Mfrs Inc
Jan,, 8
37 % Jan
-
107'/*:
United Frult Co_'i——
,.
72-'". Jan. 21".
Nov''
39%
<
24%
107 (4
United Gas Improvement Co—113%,
22
13 v.
»•
,247/»
109»/2
17%
195/a
'"30%
$ per share
24(4
30
•"
V
5% May'
"Jan
93
83%
•Jan.29
17%
*82
Friday
Jan. 80
Thursday
.
$ per share
•
*107'A
12
23
173
17%
17'A
'*3oy»; 33
United Engineering & Foundry^-
.-,.16% Jan-17.
7
16% Jan
25(4
109
56% Jan
J
28
Y;T7% Jan 2
■.
7%;
24%
*106%
s
United:, Electric "Coal Cos——
v
25
108%
; Y 22 Va Jan
5
!
9
Jan. 17. '
42% Jan ,29
,
19%
com—30c
preference—
United DyeWood Corp, common——1
2fy
26.
86
;
m
15% Jan
Y 171
37
21
Jan
Jan
70
5
50
"
♦
24
21 % Jan
106" Jan
A 20% Oct
12% May
Y
Jan
37% Jan
.
Cig-Whelan Stores
'
$3
5
S per share
-
13%
Corp_ —10
United Corp cemmon.;^—
5'7
29
6% Jan"
Carton
&
V..v $3.50, convertible preferrod——10O
5
.
Jan
43 i
19
18% Jan
Jan
23% Oct
"
s
'
■
Jan
Jan
55m,
Board
United
2
.,,'2% Jan
...
19'A>Feb,.
'
Dec
•
2
24%' Jan
,•
Y -15% May
91
20
59% July
12-% May
<
Jan
53
Y
«
United-Carr Fastener Corp.—No par
United
S per share
"'82
.
/United, Carbon Co__i^„U____J4o par
2% Jan
Oct
43%
May
.5
' 6
29
.7
41% Jan V 6
Jan
19%
35 «: Jan
S; 31 % Jan
• 4% Jan
•
8
23
;
Feb
v
lt'A May
•t.
30
Jan ;
31"
Jari
10'A
15.%. Jan Y 5
f: 3% Jan
•
53% Mar
Dec
*'►-
•
Jan
:Y4(4
Dec
*• Dec
-
22
19
29% Jan
Dec
33 y* Nov
8% Feb v
'
22
;Jan
Jan. 28
17%.
preferred—'_10Q
United Biscuit Co__——No par
Jan
19
Wednesday
Jan. 27
*106%.
cumulative
13% Jan
■
Tuesday
Jan. 26
24%
preferred—_-_10G
Lines
Air
PRICES
Monday.
$ per share
Far
Y.
.
'
4Va5i
SALE
Saturday
Jan. U
v«\
convertible
United
29:
85 ." Jan
LOW AND HIGH
'
STOCK
United Aircraft Corpp common——5
Y
28
6
'
?;Y
,
17 '•
107% Jan
6
Jan
.16:
Apr :i,
•
26% Jan
23% Jan';, 2
105% Jan
Sep
.
YORK
EXCHANGE
v.
$ per share
t per share
:f
NEW
t
Highest
>
*99%. 101
39'A
90
39%
*99%
100%
39'A "41%
"90'A
"27%
90 'A
*90
*26%
27%
*26%
21 'A
21%
22
11%' "11%
"22
11%
*11(4
11%
,*90%
92%
*90(4
92%
*27%
29(4
*28
29'A
28
10%
10(4
10
40
9%
*90'/2
-
40 3/4
'
90
*89
Y90
*85
90
*99(4
42
100
*
42%
"90(4 "90'A
*26%
21%
10
*85
90
99%
99%
30
42%
4,800
41(4
90
-
90'4
280
100
27%
*26%
27(4
22
*21%
22-
1,500
1,400
"11% "1134
11%
11%
92%
*90(4
92%
*90(4
92%
28
*2734.
28%
*273A
28(4
100
10(4
1034
10%
10%
1,500
10
Ve.
23
24
COMMERCIAL
THE
(564)
Highest
$ per
$ per share
share
10% May
Feb
8% Jan
56
Jan
2
Oct
14
Jan
9% Jan
13
Oct
17
Sep
15
88%
Dec
99
Jan
87% Jan
Jun
20
Nov
17
Jan
19
Dec
xl5% Jan
Nov
88% Jan
$4.25
17% Jan
9
Wisconsin
13
Jan
13
xl38
6%
56%
16%
16
*87%
No par
90
*87%
*17%.
18
*17%
Co "Reg Way"_lO
16%
17
16%
100
"132%
139
*132%
10
Co
El
Pwr
preferred
PRICES
Wednesday
Thursday
Jan. 28
8%
8'%
8%
8%
*56%
57%
57%
57%
57%
58
15%
16%
X14%
15
15
15%
89
88
88
87%
87%
87%
87%
17%
17%.
17%
17%
17%
17%
16%
16%
16%
'16%
16%
16%
18
•
131
132%
31%
139
3%
139
*132%
Dec
35
Dec
30% Jan
30
2
Woodward
Iron
10
31%
31%
31%
31%
Feb
45
Jan
23
47% Jan 15
Woolworth
(F W)
10
45
45%
45%
45%
45%
45%
68%
Feb
58
...Jan
21
64% Jan
5
Worthington
P & M (Del)—No par
53
58
*56%
59
*58
59
59
59
59%
75
Dec
94 Va
Apr
78% Jan
5
81
•' Jan
8
*79
81
*79
81
*79
80%
81
80
83
Dec
Feb
8'3
Jan
20
89
Jan
8
100
conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr CDel)
No par
Wyandotte Worsted Co
5
84
84
*83%
85%
85
86%
86
86
%' *85
*60
61
*60
60%
59
59
61
61
*61
*65%
66%
65%
65%
65
65
65
10%
9%
10%
10%
10%
30%
30%
*30%
12%
*12
12%
42
*40%
41%
17%
17%
100
%
33% Jan
a
Dec
80
5
64% Jan
62
Nov
70% Mar
64% Jan
2
67 % Jan
May
Feb
9% Jan
6
10% Jan
15
58
Feb
18%
Jan
series
4%%
Prior pfd 4%%
13 <
8
53
Co
Prior pfd
1
19
(new)
Co
31%
31%
10
31%
45%
45
45%
*78%
14%
300
18,800
15
V.
87%
*87%
•*
6,300
9
57%
*57
'
17
17
xl5%
400
,
800
f
15,300
16
*132%
139
31
53
43
Shares
share
8%
9
*132%
May
48% May
31%
$ per
■
"8 %
16%
the Week
Jan. 30
$ per share
for
Sales
Friday
Jan.29
$ per share
16%'
*56
16
SALE
56 %
8%
8%
*56
No par
preferred
Wilson-Jones
8%
No par
HIGH
27
$ per 9/iare
$ per share
$ per share
l
com
Wilson & Co Inc com
21
Jan
Motors
AND
Jan
Jan. £6
Jan. 24
pfd series A
8
19
30
Jan
xl38
145% May
Oct
$4.50 conv
16% Jan 21
30
15%
Willys-Overland
29
Monday, February 2, 1948
Tuesday
Monday
Saturday
>■
Par
9
Jan
58
2
16
135
LOW
STOCK
YORK
EXCHANGE
$ per share
share
13%
64%
67/a May
NEW
Range since Jan. 1
Lowest
Highest
Year 1947,
51 Va
CHRONICLE
STOCKS
Range for Previous
$ per
FINANCIAL
YORK STOCK RECORD
NEW
Lowest
&
139
'
31%
30%
30%
3,300
46
45%
46
8,200
59%-
60 %
1,900
79
79
50
*85
87
130
*60
62%
>60%
80
86%
63
■
65%
65%
65%
65
9%
9%
*9%
10
-
30%
30%
30%
31%
20
65
800
10
9%
1,100
Y
33%
Aug
10 %
May
37%
"
30
34% Jan
2
Feb
12
Jan
22
13% Jan
10
York
43% Jan
19
Jan
5
preferred
Young Spring & Wire-
39% Jan
2
23%
Oct
17% Jan
27
21
23
79% Jan
22
18% Jan
2
23
83
Oct
15
May
21%
Feb
16 % Jan
14 %
May
25
July
20% .Tan
24
5%
Jun
Jan
5% Jan
13
10%
asked prices;
no sales
Jan
12
Zenith
Radio
2
Zonite
Products
Jin receivership.
Corp.
12:%
43
S41
*17%
18%
>17%
18 %
30%
12%
12%
3 400
12%
1,200
42%
*18%
19
30
41.'/a
17%
30%
12%
*41%
12%
41%
18
17%
12%
41%
"41
18%
.
100
600
'
69%
70%
70
70%
70%
71%
71
71%
71%
72%
"72% :
73%
7,000
*16%
16%
16%
16%
16%
17
16%
16%
16%
16%
16%
16%
4,200
20 s/fi-
20%
20%
21
21%
21
21%
21%
22%
22%
22%
5%
5%
5%
5%
20%
5%
5%
r Cash sale,
n New stock
aD°terrea delivery
12%
*41
No par
1
Corp
31
12%
common
cum
6% Jan
this day.
on
Corp
4%%
2
53% May
and
Co
Mfg
Jan
69 % Jan
♦Bid
Towne
&
30
50% Mar
May
*30%
25
—,1
50
No par
Youngstown Sheet & Tube—No par
Youngstown Steel Door
No par
Yale
" Jan
16%
Dec
14 Va
45
s
5%
Special sales,
5:|
5%
wd When di6triDuted. x Ex-dividends,
2,200
6
5%
6
2,700
y Ex-rights.
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
united States
Total
Bank
Government
Bonds
Bonds
Sales
Bonds
$1,332,000
$88,000
$3,000
3,278,000
297,000
66,000
3,641.000
831.440
3,884,000
305,800
66.000
4
4.653.000
195,000
'
i
885,430
3,796,000
447,000
10.000
1,000
$21,372,000
$1,574,800
$158,000
$16,000
$23,120,800
$27,500
$185,000
2,352~500
6,925,200
21.372.000
Foreign
Railroad A Industrial
27,871,300
'
Lowest
NEW
$125,490,900
108.21
Feb
Treasury
WEEKLY
-
111.23
Sep
July
106.13 July
112.6
Feb
101.8
102.6
Feb
106.13 July
108.16
Dec
tow
May
"
May
Feb
104.12
*106.20 106.28
: <e'%
1958-1963
1960-1965
101.27
Dec
101.26 Dec
101.24
101.11 Jan
Jan/
104.4
Dec
__
100.23 Jan
.104.10 May
101.24
Dec
101..
Dec
;
103.20
Jun
' .105.17
Jun
10Q.7
Dec J
.,104.15
__
100.25 Jan
7
7
Apr
__
-
,100.8
1964-1969
____—1965-1970
1966-1971
Jan
6
Treasury 2 %s
„
102.6
.105.18
Sep
Sep
102.24 May
Dec
102.24 May
T00.13 Nov
Treasury 2 Vis—
'
-
9
1954-1956,
100.3
Jan
-Jun
1959-1962
Dec
1959-1962
fTreasury 2s_—
9
102.12
Apr
101.12 Dec
102.4
102.12
1949-1951
Treasury 2s
Treasury 2s_
Apr
102.6
101.12-Jan
May
102.23
102.25
103.1.
101.12 Jan 30
Apr
Dec
103.2
103.4
101.16 Jan
20 .:
101.16
Jan~20
v
1949-1951
1949-1951
Mar
Treasury 2s_—
Treasury 2s_l
July
100.30
Apr
100.26 Oct
101.2
•
Jan
Treasury l%s
"101.8 >Apr
—
Treasury l%s
,
1950-1952
102.00 July
94.10 Jan
15
95.20 Jan
8
Dec
103.4
94.14 Jan
15
95.23 Jan
9
July
•Bid and naked price.
No sales transacted this day.:
-
100.2
,
10-year 2%S—,
25-year 3s—
100.23
*100.24
*100.16
*100.8 ^
*101
*100.8
*103.10
*102.4
*103.20
*101.8
100.26
100.26
100.18
100.10
101.2 .
100.10
103.12
102.6'
103.28
101.10
100.2
100.2 .,
*100.4,100.6
*100.30 101 ■
*101.3 101.5
*101.4-' 101.6
*101.8 .101.10 ,
*101.12 101.14
*100.*100 i
•
v
1972
:
'
.
*94.28
__1957
'
1
•
96.8
*95.4
95.7
101.14
101.10
101.6
102.28
100.10
100.13
*101.12 101.14
*101.12 101.14
.
*101.12 101.14 „
*101.8 101.10 1 '
*101.4 101.6 ,,
*102.22 102.28
*100.8 100.10
.
*100.12 100.14
,
.
fBeing called for redemption March 11. lMt-lot
95.3
95.4
-
94.28
95
103.37
105.24
*107
107.8
*100.6
100.8
104.22
*106.20
106.28
*106.20
106.28
*107
107.8
*100.24
*100.24
*100.16
*100.8 f
"101
*100.8
*103.10
*102.4
*103.20
*101.8
101.2
102.22
103.12
103.6
102.26
101.10
101.2
100.26
100.26
100.26
100.18
100.10
101.2.
100:10 :
103.14
102.6
103.28
101.10
*100
100.2
*|00 .100.2
*100.4 100.6
*100.30 101 .
J®*-®
'101.4 101.6
*101.8 101.10
*101.12 101.14
*101.12 101.14
*101.12 101.14
*101.12 101.14.
*101.8 101.10 i
*101.4 ,101.6
*102.22 102.28
*100.8 ,; 100.10 c
*100.12 100.14
*'
.
94.28
95.4
*103.24
*105.20
*100.31
101.1 f
*102.19
102.21
*103.8
103.12
103.6
*103.4
*102.24
102.26
*101.8
101.10
*101
101.2
*100.24
100.26
*100.24
100.26
*100.16
15,000
100.26
*100.24
100.18
'
100.10v
*100.8
*101
100.10
*103.10
103.12
*102.4
102.6
*103.20
103.28
*101.8
T
101.2
*100.8
101.10
L.
;
'
;
*100
100.2
...
*100
^
100.2
..
100.5
*100.3
*100.30
101.1
*101.3
101.5
*101.4
101.6
*101.8
101.10 ;
101.12
101.12 '
l.ooo
101.14
*101.12
101.14
*101.12
*101.12 :1Q1.14
*101.8
101.10
•
*101,4
101.6
*102.22
102.28
*100.8
100.10
*100.12
100.14
■
.
.
101.6 ,
101.10.
*101.12 101.14
*101.4
*101.8
Honda ($)
High
*106.18 106.26
*107
107.8
*100 -100.2
*100100.2 ;
*100.4 100.6,
*100.30 101 c
*10.1.3 J01-5 •
the Week
Jan.30
*106.18 106.26
100.23 £
100.26 u
100.18
100.10 ■
101.2 v
100.10 *
103.14
102.6103.28
101.10
Sales for
Friday
Low
*104.18
101.2
*101
*102.20 102.23
*102.19
*103.9-103.13
*103.8
*103.4 103.6
*103.4
*102.24 102.26
*102.24
*101.8 101.10 ■■■'" *101.8
*101
101.2
*101
*100.24 100.26 v *100.24
101.14
'
High
103.27
105.26
107.6
100.9
104.22
*101
101.14
.
tow
*103.24
*105.22
*106.30
*100.7
*104.18
*106.16 106.24
102.22
103.12
103.6
102.26
101.10
101.2
100.26
1950-1952
-'Reconstruction & Development
Dec
95
-
High
103.28
105.26
107.2
100.9
104.22
*100.30 101.2
*102.19
*103.8
*103.4,
*102.24
*101.8
*101
*100.24
100.2 - - ,100.2
* *100.4
100.6 **100.4
100.6 ;
*100.31 101.1 " *100.30 101 v<
'
*101.3
101.5
*101.3
101.5
>
; *101.4
101.6 '• *101.4
101.6
*101.8
101.10 <*101.8
101.10
; *101.12 101.14 ' *101.12 101.14 - S*100
*103.25
*105.22
*106.26
*100.7
*104.18
*106.16 106.24
*106.30 107.6
*100.24 100.26
*100.24
*100.24 100.26 • - - *100.24
*100.16 100.18
*100.16
*100.8
100.10
*100.8
*101
101.2
*101
*100.8
100.10
*100.8 ,
*103.8
103.12 *
*103.8
* 102.4
102.6
'
*102.4
*103,22 103.30 ;
*103.20
*101.8
101.10
<*101.8*
f*100
*100
100.2
*100
.
SALE PRICES
*106.12 106.20
*106.28 107.4
*101.12 101.14" *101.12 101.14
*101.12
*101.12 101.14
*101.12 101.14 V
*101.12
>101,12 101.14; *101.12 101.14
V*101.12
Jun
1952-1954
'.*101.8
101.10
*101.8 ; 101.10
*101.8'
Dec 1952-1954 (
*101.6
101.8
*101.4
101.6 '
*101.4,
1953-1955 < *102.26 103
*102.22 102.28, .
*102.22
1948 '>■-'.*100.9
100.11
*100.8
100.10' ' *100.8
I
—195o
*100.14 100.16
*100.9
100.11
" *100.11
International Bank for
95
•
-
Lew
High
103.27
105.26
107
100.9
104.22
*106,14 106.22
102.24
*102.19 102.21
103.14
*103.8
103.12
103.10
*103.4
103.6
103
*102.24 102.26
101.10 ' *101.8
101.10
101.2 : *101
-101.2
100.26 *100.24 100.26
*100.24 100.26
*100.24 100.26
*100.16 100.18
*100.8
100.10
*101;
101.2
*100.8
100.10
*103.11 103.15:
*102.5
102.7 V
*103;24 104
*101.8
101.10
HIGH
Jan. 29
—
:
$5,708,000
Thursday
1951-1955
■
Treasury 2s:
Treasury, 2s
'
:
101.2
AND
Jan. 28
1951-1953
-Sep
Treasury 2s
.
Jan
102.28 July
Sep
-Dec
Treasury 2sj
Treasury 2s
Apr
Apr
30 ;
Apr
Dec
102.30
101.23
1948-1950
Jun
■
101.20
July
1948-1950
Dec
Treasury 2s
Jan
Mar
Treasury 2s-
100.5
(i~"
.
1956-1959
Treasury 2 %S
Treasury 2%S—.
>■_
.
1951-1953
..1952-1955
.
Treasury 2 Vis
Treasury 2 Vis
_
100.13 Nov
J00
1
1967-1972
1967-1972
Dec
Treasury 2%s
Dec
1967-1972
Sep
—
Treasury 2 %s
100.10 Jan 10
.
101.7
;
iJun'
Treasury 2%5
100.10 Jan 12
12
,
1964-1969
—Dec
Treasury 2%sj!
Treasury 2 %s
: 100.10 Jan
103.19 Apr
-Jun
Treasury 2%s
100.23 Jan 28
28
i—_—1962-1967
—1963-1968
Treasury 2 %s
7
__
Apr
105.17
—
100.25 Jan
Treasury 2%s
*101
103.27
105.26
107
100.9
104.22
*106.12 106.20
*107
107.8
*101
101.2
*106,20 106.28
*107.10 107.18
*102.20
• *103.10
*103.8
•
*102.30
*101.8
-*101
*100.24
Treasury 2%s
101.11 Jan
7
>
107.8
100.10
1949-1953
1950-1952
1952-1954
1956-1958
Treasury 2%s
104.24 July
104.23 Feb
104.18 Apr
*107
*100.8
J—1948
2%s__-—
Treasury 2%s
July
104.14 Sep
45,000
$5,903,000
.
v
Wednesday
*103.24
*105.22
*106.24
*100.7
*104.18
*106.14 106.22
Treasury 2 %s
104.24
237,000
•
In the week's range, unless they are the only transactions of
taken of Buch sales in computing the range for the year.
'
Low
High;;
*104.20 104.24
Treasury 2%S
Treasury
104.12
Low
High
1956-1959
—
Treasury 2%s
Feb
114.8
$1,582,000
Jan. 27
-
*103.24
*105.22
*106.24
*100.7
*104.18
Treasury 2%s
114.8
Jan. 26
Jan. 24
——1951-1954
Treasury 2%s
Dec
Treasury 2%s
^Treasury 2%s_
830.000
Tuesday
Monday
Saturday
*103.25 103.28
*105.24 105.28
Treasury 2%s
108.16
Dec
$4 833,000
616.000
13,000
YEARLY
-
1949-1952
1951-1955
———1955-1960
1948-1951
3s___
$5,050,000
354,000
$1,103,000
after decimal point represent one or more 32d of a point.
Treasury 3%s
$1,215,000
67,000
Mew York Stock Exchange
EXCHANGE
Highest
Lowest
Highest
106.6
Sep
1947
1948
113,000
Total
YORK STOCK
Feb
105.4
Jan. 1 to Jan. 30
1947
$923,000
LOW
104.25
237,000
$1,103,000
8,231,901
Foreign corporate
118,518,700
«»
Figures
Range Since January l
5,000
$67,000
4.514,334
Foreign government
GOVERNMENT BONDS
Year 1947
19,000
3,383,306
Domestic
FRIDAY
Range *or Previous
234 000
Bonds
"and
•
235.000
-
1,035,205
interest"—except lor income and defaulted! bonds.
Cash and deferred delivery sales are disregarded
the week, and when outside of the regular weekly range are shown in a footnote in the week in which they occur.
No account is
The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
- *
are
177,000
'
$113,000
213,000
$923,000
1948
6^845^700
$110,244,500
Bond Record
NOTICE—Prices
7 000
of shares-
$126,500
101.371,300
$30,251,300
$23,120,800
Total
40,000
17.000
Week Ended Jan. 30
1,763,000
158,000
International Bank
21.000
33,000
169,835
Stocks—No.
Bondt
U. 8. Government
169,000
162.000
1947
6,585,573
$16,000
——
$51,000
7,000
156,000
23,556.803
19,931,806
4,586,720
1,574,800
Stocks—No. ot ahare«
$8 000
$23,000
Jan. 1 to Jan. 30
1948
1947
1948
Total
Corvornte
"
v
210,000
193,535
1,035,205
Total
Week Ended Jan. 30
■:
139.000
-4C'
'7
217.155
•
Thursday
Friday
4,254.000
4.586,720
Total
$43,000
201.050
Tuesday
Wednesday
4,624 000
•
.
Foreign
Government
165.405
Monday
255,800
Domestle
88.225
•Saturday
4.923.000
$15,000
13,000
242,000
4,429,000
•
857.110
1.064.270
_
Foreign
of
Shnres\
Week Ended Jan. 30,1948
$1,423,000
c
Bonds (Par Value)
(Number
650.590
Wednesday
Thursday..
Friday—'
■
;
297.880
Baturany
Monday
Tuesday
Stocks
Bond
Bonds
and MitceU
Shares
Week Ended Jan. 30, 1948
Int'l
Tor sign
Railroad
Stocks,
Nuvber of
94.31,.,
95.3
94.28
94.28
95 v,.: 95.1
transaction. <r Registered bond transaction.
4
*94.28
*95
95.2
96
94.30
94.29
>95
...
.
.96
114,000
44JD00
-
Week's
Friday
Interest
Sale Price
Exchange
Stock
York
Last
Period
BONDS
New
:
RANGE FOR WEEK ENDING
RECORD
Low
Range Since
January 1
Sold
Low
NO.
High
Week's Range
Friday
Bonds
Bid & Asked
25
JANUARY 30
Range
Friday's
or
BOND
YORK
NEW
r:
(565)
THE COMMERCIAL & FINANCIAL CHRONICLE
167 Number 4669
Volume
Interest
New
York
Stock
Last
Period
BONDS
^
~
Sale Price
Exchange
Bonds
Friday's
or
Bid & Asked
High
Low
Range Since
January 1
Sold
High
No.
Low
High
'
SADenmark
New York City
TrtuH Unification
External
Issue—
100%
—1980
Corporate Stock
2%
99
100% 101%
10255
100%
20-year extl 6s_
gold 5%S—-—-—
External
gold 4V2S_
El Salvador (Republic of)—
4s
extl
f
s
s
f
French
Foreign Securities
part
A6s
A-O
80 'A
64%
J-3
J-3
3-3
1949
US
_1964
M-N
7s—
paid
__
paid—;
___^_____1968
Helsingfors (City) ext 6 %s__:
1960
Irish Free State extl s f 5sJ
____196o
Italian
(Republic)
Italian
Credit
WERTHEIM & Co.
Telephone
REctor 2-2300
120
extl
f 1-35
T eletype
NY
Broadway, New York
1%
Italian Public
Foreign Govt. A Municipal
lAGtd sink fund 6s
AGtd
sink
fund
Mexican
(Colombia)—
1948
Akershus
(King of Norway) 4s
lAAntioquia (Dept) coll 7s A
65
90
s
f
1945 '
J-J
lAExternal
s
f 7s series C
1945
J-J
*38%
i AExternal
s
f 7s series D
1945
J-J
38%
AExternal
f
s
A-O
A-O
AExternal
sec
f 7s 3rd series—1957
A-O
A
Antwerp (City) external 5s
1958
Australia (Commonw'lth) 5s of '25-1955
10-year
10-year
20-year
20-year
3Y4R
3Vis
3Vis
1966
16-year 3%s
External
s
1955
external
8s
Stamped pursuant to ?lan A
(Int reduced to 3.5%)
AExternal
s
f 6Vis of
AExternal
s
f 6'/2S of
Stamped pursuant to Plan A
(Int reduced to 3 375%)
(Central Ry)
86%
83%
114
114 %
112%
1944
1
48%
49%
58
56'A
59
561/2
56%
59
58
56%
59
57%
56%
63
63
63%
78
70
65
56%
63
59
59
56%
57
5ti'/4
56%
56%
;
56%
*56%
J-D
J-D
*56%
J-D
*56%
J-D
56%
AOs
104%
104
104
104%
103%
21%
22
23
20%
23>
22
22%
20%
22%
A-O
22%
23
20%
23
;.V F-A
22
22
22%
22.
23
Jan
1961
1961
J-J
22%
i5%
22
J-D
22
22
22
21%
A7s assented
;
AOs of .1928—-1__
t
A6o of 1927—
-:
reduced
sec
22
22%
21
90
95
5
106
106
*31
37
*23%
24%
.
—
—
2
>4
.
__
17
"l
15%
17
15%
;•',
17 Va
80
15%
17 Va
17%
33
15%
17 Va
9%
9%
♦eya'
:>
•
——
.
•
;
9%
o/:;
.
9%
9'%
A-O k
r-
__
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♦i6%-
A-O
-
8
9%
11%
13%
•
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J-D
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kk'.'
-
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<
—
27
__
27
--
—
A-O
2001
*35
43
27
■
—
27
30
27
r-A
2012
31
'k
A-O
1953
*24
30
1946
F-A
♦23%
__
A-O
'
mmmm
33
33
1
26%
27%
8
30
30
23%
23%
-
26%
—
*35
A-O
♦26%
:
J-D
30
—
''
,
~2
31
34
34
•24 %
M-N
33
3-D
•24%
J-D
If-B
—
♦25
.
■
A-O
%
23 y8
22
22
-
73
73
Stamped pursuant to Plan A
(Int reduced to 2%)
'
'
199#
.
'
.
2
25%'
40
31
33%
3
27
26
!r.
20
34
25%
—
—
—
27
«...
33
33
J-J
36
5
♦30%
84
•
A-O
—
A-O
:\^o%
■70%
39
46
36
—
38
__
—
5
33
33
—
41
41
33
♦37
A-0.v
36
46
3
'
.
J-J
'
-1940
Stamped-pursuant to Plan A
(Int reduced to 3.5%)——1978
36
36
3-3
37
—
US
1956
2012
•39
35%
——"
35
35%
84
~1
84
84
4
67
71%
71%
20
:
22 y#
20 y*
19%
22%
'
.,
18
/
,-
•
For Financial
Inetitutiona
21
43%
"
75
'
SECURITIES
FOREIGN
','.1
v
-
43
-
A-O
-
•
M-N
*40
1977
j-D
>
_.v
.
•/
V- t
1
^
77
>:
5%s—_1953
Al1951'
110
A-O
For footnotes see page 2R.
-79
•
'v
•
•
• ••
:
•.
.
•••
,
• :• • v •••
•
.v,'\
''
"
FOHEIGH SECUHITIES
110
106'%
69
110.; >
69
'
■""1
50 Bread SL. Naw York 4.
:
.
70
......
""
1
-
1
1 ' 1111
ii.
ii
'i'l
■
I)
in
'
H'.
Ill
SPECIALISTS
.
118
.110. .;
106% 106%,^-
•
69
*
'•116;
; no
'
•
■
r.ABL MABIS & P.O. INC.
'y
'
-
FIRM TRADING MARKETS
'
16%' "18"
looyi. 100%
—
117
♦108%
ASinking fund- 8s series ,B_Lii_Ll952 ' T - A-O
Stamped assented (int reduced '
■>-to 6%r) extended to—^_____l98cr«'
75
-
__
117
•lee1-
827?
80
18
*100%
j-j •:
'"■A*-;-'' 44"":';'
8iy.
' 77ya
•
♦102%
-A-O
,
54
!»-•
j-p
•
.
__
80%
!■ Jf-lf
.
-
*40
:
*40 < '47
-F-A
;
25%
--
--
--
36
36
--
.
f ASecured s f 7s__—:
'•
'
73
•
:
33
26%
22 Vs
.
18
A-O
(Rep of) 7s.»-,_;_«—>,.^1951 }
M-8f
Cuba- (Republic of) 5s of 1914____1949Jf-B
External loan 4 %s
:
1949
-"V-A
-
-f"1'
33
29
♦39
--
34
mm m,
1
33
27%
*__
__
i1
—
34
251/4
k
29
26%
'
MSl:~
31
23%
32
1
34
33%
27%
A-O
k'
30
23%
1
23%"23%'
■' M-B
—
■—.
32
'
3-D
Stamped pursuant to Plan A
(Int reduced to 2.25%)——2004
A 6s extl dollar loan——
1968
20%
19%
23%
21
:J-J
12%
9'/a
'
JS
J-3
23
18
Rica
(Repof)8s -ser
V
—
—
*33
—
:
8%
/
«...
*24
J-3
,
10
♦33
J-D
200R
Stamped pursuant to Plan A
(Int reduced 2.5 %)
A7s extl water loan.
%
•
___Jan 1961
4%s——%_i953V
fund
•
"
J-J
J-D
f- $ bonds—_-_t-I__1970
A Czechoslovakia
9%
'
♦11
J-J
J-J
22%
19%
M-S
—Oct 1961
external. debfc______:
—
'•
15%
A-O
2001
1966
6 Vis
__
'
1950
23%
20'a
* M-S-
27
A-O
1999
21
19%
.
22%
21%
22%
93
17
A-O
1961
2.25%)
to
95
95
102
'
s
25-year- gold
'
92%
106
__
J-3
1
'
■
91%
90
17
,
M-N
21
20
A-O
••
Sinking
22
■
^1%
22%
M-H
lAOolombia.Mtge Bank 6V2S—
1947
lAStaktnjr fund 7s of 1926
.-^.1946
!ASinking fund-7s of 1927_i—Ll.ul947
Copenhagen,, (City) • 5s_
—__—___1952
4Vis
92
--
93 %
106
•
1958
1947
1968
1950
1963
f 7s
Stamped'pursuant to Plan A
(Int reduced 2.5%)
22
45
at-N
1951
s
A8» external-—
20%
A-O
i960
(Hukuang, Ry) 5s_:
Oslotbia (Republic of)-—>
-
j-p
'
93%
90
*89
'f,;://:
1940
1936
23
J-D?
__1960
90
__
90
J-D
2012
22
21
23%
-
53
92%
106
:
1961
(Int reduced, to 2%).
(State) 85—
20%
23
.
A Chinese
23%
22%
-J-D
AOs* assexrtedL.—
__^_1961
AOuaranteed sink fund 6s_^.^__^1962
A6» »ssentedj.___—__i
__1962.
ACMlean Cons Munic 7s__
21%
22%
22%
JJ-N '
s
94Va
93
"
Jf-N
1957
.91%
13
—
US
•
A-O1
,.1957
—
;
M-N
.A-O
_____1963
1960
■ASan Paulo
20%
M-S
1963
6 !/2s
23
22%
M-5
1962
'
—
:■?
J-J
Jan
20%
20%
20%
F-A
2008
1959
1st ser
(City of) 6%s
-1952
ASan Paulo (City)
8s.—1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)—-2001
A6Vis extl secured s f—
19B7
CH" Stamped pursuant to Plan A
104i%
21%
104%
M-N
1961
94
97%
94.
*92
.
ARoine
104%
J-J
H-N
AMnUng fund 6Vis__
.1961 r
AOVis
assented.—
1961 *
J AOuaranteed sink fund jGs.1____1961 t
■
102
101%
104
J-J
Feb
.
A Costa
•991%
101
—
101 '/a
.Feb 1981
6s._
AChils Mortgage1 Bank
A6V4s assented
:
99%
22 vi
ABsternal sinking fund 6s
:<■
99%
*100%
A-O
Sep 1961
Sep 1961
AExternal sinking fund 6s____
1962
3s external
99%
J_
99%
23
AOs assented—
4
99%
F-A
' J-D
ABxtl sinking fund 6s
A6s assented—
AQg; assented
60
*56%
A-O
4 ARy external s f 6s
A«s assented.
59
56%
i960
ABxtl sinking fund
A6s assented
24
91-
95%
98%
M-S
(State of)— >>
1921
1946
Stumped pursuant to Plan A
(Int reduced to 2,5%)
1999
A 6s external slilk fund gold—-1968
Stamped pursuant to Plan A
(Int reduced to 2% )—:
_2012
A 7s external loan of 1926—:—1966
Stamped pursuant to Plan A
(Int reduced to 2.25 %) —2004
A 7s municipal loan—
■
1987
Stamped pursuant to Plan A ;
(Int reduced to 2.25%)——2004
♦56%
assented—
"9
94
95%
*91 Va
A-O
IA Is extl-loan of
*56%
If-S
8s
__1954
fAChlle (Rep) External s f 7s_____1942
IA 7s assented
1942
AExternal sinking fund 6s
i960
32
24
llo Grande do Sul
,
58;,y
*56%
J-D
J-D
J-D
f 6s
s
(City of) 8s
dtamped pursuant to Plan a
■;
(Int reduced to 2.375 %)
v
58 Vi
56%
1950
~
'
IARio do Janeiro
59
*57%
3-D
-28-year 3 Vis.
ACarlsbad (City)
■'■i
(Int
63
I960
1961
V'V
24
32
29
"
91
92%
A-O
1947
7s
Stamped, pursuant to Plan A
(Int reduced to 2%) —
65
__1958
(State of)
assented
Alxternal
*56%
'
F-A
Stamped pursuant to Plan A
60
*56%
3Vis Series No. 25
3Vis Series No. 26—
3Vi» Series No. 27
:
65
60
.3Vis Series No. 24
,
.
67%
*56%
*56%
'
v/
94
——
Jf-8
57
J-D
1957
A-O
J-D
(City of) 8s
Stamped pursuant to Plan A
(Int reduced to 2.375%)
Alxternal loan 7Vas
56%
57
J-D
(City) s f 5s
atnklng fund gold 5s
Making fund gold 6s___:
Canada (Dominion of) 4s
—
95%
92 Va
94
M-CA
MS
JfxB
APorto Alegre
64%
62 %
3ViS Seiles No. 23
%
64%
56%
3Vis Series No. 21
3Vis Series No. 22
Brisbane
—
24
25
1994
A4Vie assented
56%
*65
J-O
J-I>
v
31
—
—
34
*24
1967
Alxternal sink fund gold 8s
♦56%
567/8
*56%
_____
9
...
—
v":\
39%
•32
u-s'
1963
ref 3Vis series B
sec
A4Vba
*56%
•3Vis Series No. 28
3Vis Series No.; 29
3Vis Series No. 30—
6Va
«•»
8
iaa
27'A
26%
♦32
k:'
1970
1955
58'%
64%
3Vis Series No. 20
>
IM
26
J-D
72
JWis Series No, 18
3 Vis Series No. 19
V
-V
__
»u-o.
1957
ABtablliiatlon loan
*75
J-D
3-D
:
.
*24
1963
external
f
s
IA Poland (Rep of) gold 6s
A4Vis assented
58'%
59
3Vis Series No. 17
X':
V—
M-S
1965
ANat loan extl s f 6s 2d ser
58%
*58%
—
MS
1957
—1956
Stamped pursuant to Plan A
(Int reduced to 2.125%)
A Peru (Rep of) external 7s
*60
3-D
38is Series No. 15
.
6l/a
.
-:1
27%
A-O
—
5
6%
—
*13
.
_
7
—
__
__
6'%
*8%
J-J
2008
3%s
1 APernambuco
*62
3-D
3Vis Series No. 16
2.125%)
Municipal Bank extl s f 5s_
sink fund 4yas
*62%
1J"D
17%
♦10
•k
r
7
__
*5
——
J-J
—>■
•
♦__
J-D
7%
—
w_
5
—
*13
mm-m
'■
--
.
__
——
Q-J
1958
481/4
481/4
*58
J-D
J-D
i
7
:
Q-J
34
-_
—
—
7
■
J-J
V
6
—
6V2S—
(Kingdom)
ANat loan extl
57%
3Vis Series No. 14
f
s
49
47%
48% e48%
J"D
J_D
3Vis Series No. 12
3Vis Beries No. 13
*5
M-JF
(Republic)—
A Stamped assented 5s
Stamp mod 3Vis ext to
58
3Vis Series No. 10—'
external
1942,
5,
39%
♦38
—
6
62 %
58
3Vis Series No. 11^
3-D
S
7%
6%
A-O
—1954
Oslo (City)
49
_
3Vis Series No. 6
j
3%s
49%
*48
3Vis Series No. 4
3Vis Series No. 5
3Vis Series No. 7
27%
1951
7s--l957
Rxt
48%
' v-P
3Vis Series No. 9
22
26
27%
«i sink fund extl loan
62%
58
3Vis Series No. 6
is y*
40
-
*61
A-O
3%s Series No. 2—
3Vis Series No. 3
3
18
30
Panama
,"-D
,
to Nov
Netherlands
61%
3-D
(Plan B)—
18%
27 Vi
28Va
Norway (Kingdom of) 4%s
External
fund 4%s
47
A-O
1952
18%
1899.—
1945
1942, agree.1963
(Int reduced to
49%
59 ya
31
L
Stamped pursuant to Plan A
62
47%
23
'62 Vi
3%■ Series No. 1
.
60%
22
26%
2
28
26%
-
114 V*
*61
17%
30
(Int reduced to 2.125%)—2008
A Sec external s f 6V2S
1959
107 Vi
114 Vi
19
12
Stamped pursuant to Plan A
104%
106'/a
35
18%
26%
—
J-F
86%
103 »/8
84%
23%
21
18
J-J
87%
7%
19
20
J-J
87%
107 %
1979
Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
• % funding bonds of 1931 due—1951
Stamped pursuant to Plan A
(Int reduced to 3.375%)
1979
External ( bonds of
85
85%
A-O
A-O
1957
A7s
87%
90%
7%
78
100%
♦100
J-J
-toeo
7%
6%
77
+>*m
27%
agree-1963
90
103 % 103%
3-D
A-O
1979
1927
87%
77
J-3
1943
Minas Geraes (State)
89%
90
TSl
;
J-D
1957
Stamped pursuant to Plan A
(Int reduced to 3.375%)
99
102
87%
83
J-D
1978
1926
95%
100%
89 y8
107
1955
of)
98%
83
4
7 Va
6 Vi
3-D
fATreasury 6s of 1913 assent—1933
AAss'td to Nov 5, 1942, agree.1963
AMilan (City of) 6 Via.—
1952
40%
-
*87%
1941
7s
S
39
104
J-3
5, 1942, agree_1968
extl 5s of 1899 £—1945
to NOV
Ass'td
41
104
.
7%
71/4
*
M-S
5,
40%
J-J
1949
6s_
f
(U
38%
39
3-D
F-A
M-S
,
1962
Belgium external 6Vis
lABrazll
F-A
J-D
J-D
1967
3%s
f
38%
39
98
3-3
1957
s
38%
48%
Va
40
;
__
«__
——
J-3
AAssenting 4s of 1904
1954
Ass'td to Nov 5, 1942, agree.1968
lAAssentlng 4s of 1910—
1945
40
40%
100% 101V*
3-D
1956
External
40
38%
*38
2d
7s
(US)
Ass'td
38%
*38
f
s
s
40%
4a
5
■'
1952
IA Assenting 5s of
40
40
38 y2
1957
series—1957
1st series
7s
sec
39%
38%
25
*104%
—
'
•.*
5
41
. .
—1977
to 3%_
1%
(Colombia) 6V2S
Irrigation—
f A Mexico
64%
46
41
—
;.;V •
J-J
Ass'td to Nov.
40
38%
AExternal
65
92%
64
39%
*38%
I AExternal
7s series B
64
89
*60
M-3
J-J
1968
1945
1977
I A4%s assented
64
90
64
F-A
A-O
1947
-
6s
46
*15
—
.
M-I
1977
AExternal 7s
Medellin
58
Utility—
Credit Institute
1-1693
82
56
'
for
3 %
to
Altaly (Kingdom of) 7s____AJugoslavia (State Mtge Bk)
Agricultural Mtge Bank
64%
A-O
1947
s
Consortium
5A7s series B
Members New York Stock Exchange
••
F-A
Works
90
80
•
part
Public
95
86
81%
61
88
87
J-3
7s
Government—
A 7s
86%
1967
$
(Republic of)
Republic extl
Greek
87
Jan 1, 1976
$
s
F-A
14
93%
Jan 1, 1976
f
3s extl
92%
Jan 1, 1976
$—
3%s extl
AEstonia
92%
1962
_
J-J
25
7
1942
1955
II
:
Telephone HA»o*ee .*-•«*?
:
N. Y.
Teletype-NY 1-Mi.
.
•
(566)
the commercial &
NEW
YORK
financial chronicle
BOND
Mondays Febrtfary 2,; 1948
^
RECORD
RANGE FOR WEEK ENDING JANUARY 30
Friday
BONDS
New
York
Stock
Interest
Last
or
Exchange
Friday's
Low
Serbs Croats «b
A8s
Slovenes
secured
A 7s
series B
1958
7s
5%
5%
J-J
■
27
85%
.
85'%
'
1946
F-A
1960
"Af-N
*117
1964
of
1937)
5%
7%
8%
85
2d
87
Af-N
1st
83 %
82%
833.4
32
81
83
28
extl
1979
Af-N
1978
J-D
1978
F- A
1984
J-J
*76
—1952
A-O
*27
1958
F-A
*7%
r-A
6'/a
(City) external 7s
assented
*76 Va
81
81
85
80
Great
Southern
1948
1952
3%s
"I
90'a
so%
debentures
debentures
2%s
conv
2%s
A
P
W
1st
F -A
Stamped
Atlanta
&
91%
A-O
J-J
J-D
A-O
91%
94'%
87%
87 Va
92% V
93%
93%
4s
877'a
91%
Air
mortgage 33/4S
Atlantic Coast 1st cons
103%
108
94
102%
102
102'%
A-O
102
101% 102'/a
Q-J
81
94%
A-O
1
1
1995
80%
A-O
1995
1995
M-N
•
1st
mtge
and
Rel
5%
1 c/0
95
&
gen
and
mtge 5%
3%
Series G
Series
Series
Ref to
and
3% %
Series
.
A4%s
6%
mtge
M-N
63
96
55'%
63
57
13
55%
2003
J-J
42
41%
42
21
39'%
42"
J-J
88%
88 »/4
3
88 %
88'A
997s
101%
St
Paul
mtge 4s
to
2nd
9678
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1st
J-J
Ref
4s
series
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ref
100%
102'%
12
80%
2
M
Gen
100
117%
106% 107'/8
ioi
102%
103%
104%
100
102%
1975
Cons
5s
series
Cons
mtge
Boston
&
2%s
28
14
27%
18
19
97%
27%
3
mtge 5s
series
mtge 5s
1st
AC
1st mtge 4%s series JJ_
Co
88
86
61%
ser
A
i
w
yu'
60%
60'%
59
60
62
60'%
693A 7
68%
49 'A
48
49%
M-N
85
J-J
CO to
77
J-J
1951
79
3%s
274-4 %s
90'%
series
2%s
ser
to
ref
90%
92
90%
97
52%
J-J
95
c
93
Jf-N
,■
95%
97%
64
....
1
1976
94
V
;
A-O
109
109
J-J
J-D
F-A
1945
A-O
>
ref
York
1st
series
Power
ref
3s
1974
gtd gold 4s_1949
,
footnotes
see
page 28.
100%
101'%
8
103
104'%
103
103%
5
102
1037a
99%
1
107
107%
F-A
8
98
99
J-D
92%
92%
12
92%
92%
J-D
79%
81'%
4
79%
81'%
J-D
82%
82%
1
82
82%
97
£8
103%
107
98%
98%
99
82%
*98
J-D
71
72%
34
97%
1991
J-J
*61%
64
1990
1970
M-N
*88
90
68
■t1
73
60'%
73
J-J
64%
85»/a
84 Vn
104% 104'%
10
103%
104 Vz
103'% 103%
J-J
8
103%
1037a
1
101
101
J-D
103 '/4
1948
1950
1961
M-N
101
1972
1973
1977
A-O
106
106
to
ref
Cigar
Crucible
931%
96%
Steel
3s
A 6s
M-S
ser B
Q-J
39i%
112%
1131/a
991/4
F-A
F-A
—.
109%
to Co
107%
64
93%
96
1071/a
:
108
62
62
10
2
62
99
;:;
deposit rets——'
2%s debs
103
106%
*._
107%
101
93
J-D
'
-M-S
;
'98%
98
93
94'%
97 lti
98
;
98
v
{
89%
89
;
•
54
38%
101% 102%
98*
19
89
99 Va
92%
.
53%
39
-
1
■
97% r'.-98
•
89%
*52%
JD
>1
51
99
J-J
M-N
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101% 101%
101 %
97'/4
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M-N
95
16
96
96
96
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A-O
■
53%
'
38%
J-D
35
J-J
*
34'%
40
35'
1946
.1946
J-D
*36 V
37
J-D
*35'%
1975
1965
A-O
1965
1963
A-O
39
82
32%
35
x
34%
■
37%
35%
36'%
•
37%
81
83%
*82%
J-J
"3
36'%
:
—
4-6s
7%
8'%
7%
20
7
81/4
19
■
IO71/4
41
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190
39%
41%
145
37
38 3 4
41
V
—
107
/
107
IV
:
44'%'
3
61/4
99% 100
593a
80%
83
58%
60%
A
1%
Af-N
.
102
119
11
102
*„
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J-D
60
'
83%
83
83%
Apr
—201f
101
61%
102
56
54
56
68%
35
82'/a
84'%
201
J-J
1993
54%
104
53%
57'%
70
(4'/2%
Lake—
(3% fixed
'contingent int)
mtge
3%s
J-J
1993
109 Va
1087/a 109'%
14
J-D
series G
& .ref 2%s series I
102'%
102% 102 3/4
24
96
M-S
'
•
15
96
J-D
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J-D
*60'/a
—
*83%
97%
84%
97%
40
39%
40
99%
99'/a
99%
M-3
J-J
J-J
P-A '
1956
M-N
Ed El 111
1995
1970
J-J
.
102%
96
60%
•
98'%' 99'%
Af-N
108
69
—
r_1977
2%s
66'/a
M-S
to ref 3s series H___^_:
Duquesne Light Co
70
';5'
V**"-.'V*
Edison
60
30
70
109 %
103%
96%
71
60%
96
100
81
83
13
96 '/a
98
6
38'%
40
14
99'/a
v
100'/a
101
97'%
102 %
1031/4
5
-
95'%
54
7
81
59%
96%
97%
(NY)
1st cons gold 5»
22
33
33%
El Paso & S'western
1st
5s_x_.
Af-S
•110
1
98
98%
.
5s
stamped
r
110
no
1
110
103'%
3
102
103%
103
1047'4
*141
103
i.1965
A-O
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1965
A-O
*104
'
98
C2'/e
38%
8
33i/4
32
101'%
37
17
97%
93Va
80%
t§ADul Sou Shore to Atl gold 5s_-_1937
4278
34
32%
39-
92%
•
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,
*
"37%
(3% fixed
ser
Gen
.
;
100
96%
—
Af-N
•
Gen
■
—
93
97
96
26
101
1973
C
1966
^1-970
1982
Detroit to Mackinac 1st lien gold 4s 1995
A Second gold 4s
.1995
Detroit Term to Tunnel 4'/2s.
.1961
Det Tol to Ironton RR 2%s ser B..1976
451%
59'%
Salt
&
Income
66 %
39%
,
mtge
-
64
Af-N
19
101'%
96%
*100
101V4
1993
ser
contingent int)
/
—
96%
J-D
division
to Essex
tr
Denver
99%
17
33
101%
28
106 Va 107%
A-O
••
contingent int)
102
100%
■-
25
98
105%
43
101% 102
'
J-j
105%
*105
_
F-A
mtge'2%s—1975.
debs.;__—1965
Elgin Joliet to East Ry 3'/4s
M-N
101%
F-A
1982
'B..—___1977
C
.1972
receipts
mtge ser A
1st
1%
128
97%
'f.
12*
4
York— /
-May 1 2042
Delaware Power & Light 33
1973
1st mtge & coll tr 3'/sS
:__1977
Denver to Rio Grande West RR—
CoU
112'/a
106%
Morris
112%
lll'A
36
%
V
102% 1027a
97%
101%
—
105'/'4 105 3
J-J
3y4s.__.-1965
Alncome mtge due
109%
8'/4
7/e
100%
3
#
*101 %
Delaware, Lack & West RR Co—
N Y Lack & Western div
'
109
66 '/a
*37
101
101
101
■
East Tenn Va to Ga Div 1st 5s
A-O
38
54%
F-A
Delaware & Hudson 4s extended
100
112
*107
41
51
D
103%
451/8
*15
13
1955
Dayton Pr to Lt 1st mtge 2%s
Dayton Union Ry 3V4s series B
•' '-J
7%
*51
A-O
J-J
•
54'%
105%
7%
/
53
--
Detroit
65'%
43
"8'A
997/a
53%
A-O
-
/
65'%
102%
98%
94%.
103 %
6
99 '/a
*63%
—
101 Vs
•
27
•
94V4
99
.
21
237
.
44
101'% 101%
99%
M-S
Northern Ry 1st 5y2s_::__1942
Deposit receipts
A Cuba RR 1st 5S gold—. -J.—2.-1952
Deposit
1067 a
98'%
1980
|ACuba
A
1057a
98%
debs—1971
mtge 3%SaL_u—1966
1st
5
101%
Af-N
.1—1972
Baking
•
97%
106 V*
A-O
mtge"2%s ser A
Continental
.95'.
97%
A-O
1977
Corp
Consumers" Power' 1st
> •
"5
Co—
ref 3s series
108%
101% 101%
99
A-O
—
97%
Co—
to
_v_
101
97%
97%.
3'/4s— —1970
El
101
*101 %
F-A
Ry to L 1st & ref 4%s_i
1951
Conn River Pwr. 6 f 3%s A.—__1961
100% 101%
2
A
(4%% to Aug 1 1949)
1974
lACentral RR & Banking Co
5s stamp (partial
redemption )__1942
Champion Paper to Fibre deb 3s—1965
Sou
1st
99 V2
107 3,a
*107 '%
*60%
J-J
J-J
New
103%
107
mtge 3s series L
Alncome
Q-J
For
1st
,
J-D
1987
to
to
55 3%
105
12
93%
93 %
A-O
____1987
1st
102%
*99% 101'/4
J-J
gold 4s__1948
extl
26
40%
1
109%
107 J
107'A
M-N
1959
A4s registered
Central
4
103'% 103'%
J-J
F-A
5s series B
ref mtge 2%s ser
88%
f 109'% 109%
.
Nov 1945
1987
W.1%
103% 103%
88'/a
98
gtd 4%s
Commonwealth Edison
5
1987
1st
1st & ref M 5s
M-S
1948
,.1966
75'%
91%
:
to
39
.
gold 5s
1
28
mtge 5'/2s senes A
1st
59% ■; 64
20
112% 112%
F-A
5s registered
AGeneral 4s
Central Pacific
Short Line
A
*99'% 100'%
M-S
gen
75'/4
1969
1974
1966
3'%s gtd
Deere
100% 101 Ve
of
J
82%
16
3%s gtd
1st & ref mtge' 2%s ser
92%
.19
.
103% 103'%
1951
Light 3%s
2
•
100%
J-J
*
F-A
N
C
D
1st
--
105% 105%
A-O
of
101'%
82'%
75 >/4
75'/4
J-J
:____1982
81
23
94%
4%s
A
100
25
82%
J-J
Conn
I—
95'%
v.
61
41 Va
93
J-D
1960
lACentral
1011/4 101'%
100'%
96 Va
3s
101%
93
*101%
A-O
1965
Illinois
J-D
104
100'%
2
1977
3s
50
4
64
40%
A-O
Celotex Corp 3'As debs
;
Ulum
26
•xv'V.W^-'
96%
62%
J-D
Central
100'% 100'%
74'%
100
15
103% 104
98 \\
4s
Consolidated Edison of New
:"<■
"wv. ''
*96
"A-O
"J-J
A Ref &
gen 5s series C
1959
AChatt Div pur money gold 4s._1951
f AMobile Div 1st
gold 5s—
1946
71%
J-D
-
91
89
650
95'A
4s
Consolidated
'"77%
95
112% 112%
B
1st
Div
Ohio
;
111 y4111%
series
104
J-D
.1993
100
.
U
93
,
F-A
5%s
104%
227
74%
98
a7v2s ser A deposit rets....:
1981
gen
101V*
91
A-O
E
tr gold
1st
97%
96%
75
'•
93
'M-N
mtge gtd 4s
Celanese Corp 3s debs
&
1,388
89%
71%
74%
Af-N
Columbus to Tol 1st extl 4s___
120%
96
23
52 3 4
*102'/4
■' M-S
Pac
A Ref
Mich
1st coll
Columbus & H V
'■
*26%
F-A
"
-ft
:
80
50'%
F-A
Ry 4% deb stk perpetual
Clinchfield & Ohio 4s
1965
Carthage to Adirondack Ry—
«
102'% 104'%
1047a
J-J
J-J
1975
B
4%s (stamped modified)
Columbia Gas to Elec 3%s
94%
1011/4
927a
*77%
77%
* M-N
1960
gold 4s
J-J
J-J
mtge 4'/2s series C_
Colorado & Southern Ry—
91
100
'J-D
1st
&
Div
1st mtge
92
119
4
100
1956
Georgia Ry—
§ A 1st mtge 5s
§ AConsol gold 5s
71%
: i7
1961
series
Columbus
'
5
4%s
ACent Branch U P
14%
5s__1952
cons
Cleveland Union Terminals
•: *
37
A-O
Carolina
JCentral
154
1993
4%s
mortgage
Cleve
83%
89%
.*
*101
J-J
1952
1st
147a
M-S
4s
Series
77%
90
9
97
.
*
M-N
cons
gold
14 y«
1962
G
Series
85
77%
•
•2
95 Va
97
M-3
"
" A-O
Can
Af-N
1952
4s
conv
series E_
series
5s
impt
Wab
L
1st
51'/a
v
74
ClC
96
96%
"M-N
1955
gold
gold
Cleveland Elec
72 '/a
00 CM
"
5
91
95%
1 M-N
Guaranteed
to
Cin
St
62'%
48
12
■;i
J-J
1974
Guaranteed
63 y4
65%
1963
G—,
mtge 2%s ser
1st
120'/a 120%
120%
Jf-N
-
gtd 5s A
1962
Canadian National Ry—
Guaranteed gold 4%s
1957
Guaranteed gold 5s
—.Oct 1969
Guaranteed gold 5s
1970
Guaranteed gold 4%s
1955
Southern
58%
162
1963
F
4'/4S series D__:
mtge gtd 3%s
General
62%
;
Canada
97%
1
696
971/8
v
Cleve Cln Chic to St Louis Ry—
62%
20
79%
1
91
A-O
(interest
at
to May 1 1947) due
1957
JBurlington Cedar Rap to Nor—
V
5 A 1st & coll 5s"
..1934
California Elec Power 1st 3s
Calif Oregon Power
3%s
93
971/a
61%
69%
1994
S'/sS
General
68%
22
A-O
C—1960
3%
5s gtd—
99%
60'%
1951
City Investing Co 4s debs
87%
59
288
77
77%
J-J
1954
.
90
93 V*
3J1
98 Va
68
2019
1st mtge 2%s
Cincinnati Union Terminal—
•59
-
18
•
83; i
74%
79%
J-J
July 1970
5s
65'%
89
M-S
2019
1st
1961
Bush Terminal 1st 4s
61%
111
V.;-~
1994
:
fAChoctaw Okla.& &Gulf
60V4
41
96%
rt-O
Cine Gas & Elec
8*6
107
V
70
1960
7s—
J-.T
J-J
w
21
modified
Term Bldgs
1988
96
1952
■
A
ser
98%
82
49
May
mtge 2%s
1976
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Ry—
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63'%
(ex-interest)
18
33
88
59
M-3
Gen
Stamped
6 l'A
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70
57%
Cleveland to Pittsburgh RR—
Bmyn Union El 1st gold 5s_—,.—1950
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Bush
84%
J-D
1967
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.
82
.
AF-3
—...1955
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66
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—
.—1976
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Apr
Ry—
A
97%
13
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:
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ser
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213
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mtge
Ref
-.1951
Steel
mtge
84
56%
4s___
series
1st
A-O
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debs—1961
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68%
541/4
4%s__Jan 1 1999
Chic & West'n Indiana
—
1980
Telephone of Pa
115
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70
97%
A-O
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3%s—I95l
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29
661/4
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1951
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1994
.
5
:
106% 101%
101 %
68'%
Chicago St L to New Orleans 5s_,_1951
Gold
100
4s
M 4'%s
4'/2s
81
115%
55
Va
4s
71%
71%
115
Apr
1989
of
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33
18
Feb 1 2010
stamped
40
35
80
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'.
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4s
J-J
_1994
inc
91%
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101
101
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1980
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1985
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*
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A__Jan 1 2019
ser
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57
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100
27 %
due Dec 1 1993
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'37%
39:
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94
fixed
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pgh
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conv
mtge 3s
1983
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B
ser
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103%
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ser
A
ser
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A_.__Jan
ser
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Milw
1st
__
103% 104%
1948
contingent interest)
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conv
200
56
•
97
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1966
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846
.
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due Mar 1 1996 %
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95 Va
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1948
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9
92
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10134
6
»
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1964
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92
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112
93
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120
83
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1963
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103 Va
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11
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Af-N
8
99
160
1987
_
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124
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1962
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Atchison
96 %
102%
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121
•;
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—
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Arbor
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101
1982
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->
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;
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1977
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•
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'
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92
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/r
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1972
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1958
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76
RAILROAD AND INDUSTRIAL COMPANIES
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or
iBidAAsked"^
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Last
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6s_—
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Week's Range
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\
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readjustment
v
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6
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1962
extl
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lAUruguay (Republic) extl 8s
AExternal
AExternal
January 1
No.
.
1962
extl—.—
sec
(Prov of)
A4'%s assented
Friday
Range Since
Sold
High
(Kingdom)—
external
ASilesia
Bonds
Bid & Asked
THE COMMERCIAL & FINANCIAL CHRONICLE
Number 4669
Volume 167
NEW
YORK
BOND
(567)
27
RECORD
RANGE FOR WEEK ENDING JANUARY 30
v*
''
BONOS
.'A
'
•
York
New
^ "
Interest
Friday
Period
:','A ••.'■•
:
Sale Price
Week's Range
East
'
Week's Range
Friday
Bonds
Friday's
or
.
BONDS
Range Since
'
Stock Exchange
Sold
Bid & Asked
l'ork
New
;January 1
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Interest
Exchange
Last
Period
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s
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134
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1966
1958
2000
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1955
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1955
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90:%
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57
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1987
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1977
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Niagara Falls Power 3%s
121
110%
■;
'■
101%
67
121
__
111
J-D
-3
69
*121
100
69 Hi
N Y Telephone 2His ser D
IIAN Y West & Bost 1st 4Vis
42
•16
*__
69 Hi
1955
State Elec
31%
40
80
40%
86 Hi
82%
*101 Va
a-o
Y Steam Corp 1st 3 Via
1963
IN Y Susquehanna & Western RR—
Slst refunding 5s
1937
§A2d gold 4%s_
1937
36
30 Hi
31%
39
80-
Light 1st mtge 2His_1975
<te
31
40
¥-P
71%
31%'
>t
30 H'B
u-a
63
67
30 Hi
—
98%
73%
1954
N Y
83%
60
'•
3
98
98
94
*
81%
87%
2007
A
4s
Norfolk
40%
st
.
28%
■
M-N
1949
85
I
31
1952
96
S'5%
85
71%'
92
86%
78%
inc 4Vis ser A_2022
§ AGeneral gold 5s
SATerminal 1st gold
96 v:
-v
.
93%
.''87%
1957
4s
N
'■
85 'A
•88'%
*83%
.
F-A
194P
see
f
*85%
*85 ••':•
F-A
M-N
*96
-L'
1_
•
M-N
1949
gold 4s
stamped
For
v
91%
.;•:•<;
M-N
1969
Long Island unified 4s
4s
—'
L
*95
2003
ALombard Electric 7s series A
Guaranteed
97
15
62
63
.
72
X A Harlem River & Port Chester—
1%
88'A
-
'»/*• it'
—
62
80
101
1
•
2003
stamped modified
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
Little Miami
''
•
F-A
Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext.lBBO
Lehigh Valley RR—
4s stamped modified
2003
4Vis
*94 %
•::
__v
F- A
1964
sink fund 5s
F-A
1964
Leh
4s
a-o
F-A
_1954
5s-
stamped..
Si
88
-88
88
62
60%
73%
100
2
66 Vi
w
M-N
•AGen
•
__™.
fund
y
Co—
1970
sink
'
t
a:%,'
91'A
*61
•-•*
'
3-J
3-J
N
.••1st & ref sink fund 5s
ref
*80
Ltd—
S F mtge 3Vis scr A
Lehigh Valley Coal Co—
stamped
91%
%
A-O
f-a
M-N
1940
6s
mtge 4s
N Y Power &
J-D
i'
67
M-N
176
A
1997
*58%
'
1973
tAN Y Ont <fc West ref 4s___June 1992
3Vis
81
1973
series
4s
West
series
1986
B—1975
1951
2000
2043
2043
170
43
'>
IN Y New Haven & Harford RR—
97 Vi
3
1 VB
Y
4Vis
112 VB
:
100%
1
•
1
•
100
L—'
"•
97%
170 Vi
%
■''
__L
5
1st
96%
■
..
ser
gold 4s
NY & Harlem gold 3%s
Mtge 4s series A
Mtge 4s series B
Kentucky Central gold 4s
Kentucky & Indiana Term 4Vis
unguaranteed
3Vis ser E
mtge 3s ser F
Y
100 Vi
.
:
Chicago & St Louis—
N
A-O
67%
81
96 Vi
—
63
•
72 Hi
a-o
67%
80Vi
A-O
2013
64%
62
49"
0
Si
102%
25%
A-O
5s
0%
83%
22
A-O
5s
102 Vi
83%
50
•'••'•'
—— •
1974
1st
101
102%
„
49
7
29
I"'
63
J-D
1976
53
1975
Lehigh Coal
100
101%
,
83%
a-o
,
deposit
C
58%
2%s
income reg
Si Navigation
~4
100% 100%
1954
New
35
:•;...
*52
M-N
1959
1st mtge 4s ser A
Kansas City Terminal Ry
Nitrate-Co
—
*101
3-J
Certificates
A 1st
102 Hi
RR—
1954
of
102%
90
series a
ACertificates of deposit
4Vis
—
100
3-J
1st gtd 4s
of
__
116% 116%
M-8
1952
97
97
5
104% 104 Hi
J-D
M-N
A-O
f-a
1983
97
*102 Vi 102%
2013
55%
23% •^25%) ••:,;.:
3-J
1970
mtge
101 Hi
•
1974
—
57 Vi
I 3-J
Kansas City Power & Light 2%s
Kansas City Southern Ry 1st 3s
A 1st
101
1
..
78%
78
1956
A
100%
t
%'v;7-
24%
A-O
1956
Kanawha & Mich 1st gtd gold 4s_1990
Lautaro
102%
68
series D
of deposit
A 1st
82%
97
100
5s series
Ref mtge
Lake Sh & Mich Sou gold
101 Vi
57%
.1998
77
K
5s
64%
12
73
*88 Hi
1982
,..1986
4 Vis series A
Certificates
A
95
—
•
Clear 1st 4s
Toll
61%
-
Jersey Central Pow & St 2%s
4 %s
73%
1
58 Va
1952
1961
& Northeastern
ACeililicates
2
*100% 102
J-D
1956
1st
78%
75
'-
72 Hi
1954
1st 5s series B
A 1st
3
"
Co—
1952
Rys Cent Amer
27%
73%
•
78
1948
2%s debs
1st gold 4s
cons 5s
tNew Orleans Texas &
95
.
3s__1965
1967
mtge
Gas
New Orleans Term
101
91%
9
80
A 1st gold
5s series C
SAInt'ernat Hydro-Elec deb 6s
Int
78 Vi
23 Hi
93
101% 101%
3-D
1st
4%s series B
& Imp
.
Products 2%s debs_1970
RR
Orleans
Ref
102
101
46
96%
B___i
series-
73%
102% 102%
1998
5s
78 %
446
1998
A 1st
74
F-A
Corp
Junction
J
a
80
A
f
1888
Consol
gtd
New
97
977. 101%
;
2
96 Vi
series
6s
102 Ha
F-A
M-N
4%s series B
'
——
3-D
A
AAdjustment
51
78 %
Jersey Power & Light 3s
New Orleans Great Nor 5s a
'
102
102
3-J
Ref & Imp 2 Vis ser C
1986
tlnternaMonal Great Northern RR—
A 1st
'
6 b Hi
47 Hi
73
New
100
99
97
26
N
98%
Vi
98 VB
5-
:
1970
Ry
63%
63
35%
debentures
3s
'
'*._;.••;~7
gold 4s
1st
74%
61
33
••
100%
1963
ser
71 Ve
-
329
England Tel & Tel 5s a
New
83%
106 VB
A
Ry 4s
10
24 •'
345
ANaugatuck
105%
79 Vi
*100%
J-D
74%
78%
Supply
National
101
103%
100% 101'%
F-A
series
5s
72 Hi
37%
Steel
National
Chic St L & N O—
ref
55
78%
°
Joint
T A-O
Chattanooga & St Louis—
Newark
22
*99%
1951
91
•72%
75%
mtge 3s ser B__
1st
101
I' '99
100
J-J
Registered
Cent and
*105
J-J
69
36
M
Nashville
103%
98%
83 Vi
81%
F -A
1951
Springfield Div
Western
1951
82 %
100
105'%
*100
gold 3%s_1953
Omaha Div
103%
7
99% 101
105
J-D
Si Term
99%
47
101% 103%
1950
Louisville Div
100%
141
J-J
1955
50%
61
75%
M
103
100%
M-N
1966
gold 3s
103
■
__
1955
1953
90
51
.72%
78%
National Dairy
102 Vi
40-year 4%s
Cairo Bridge gold 4s
1st
69
■
103'%
1952
-
Purchased lines 3%s
Collateral
A-O
53 Vi
72
N
♦
*100 Vi 102
M-3
1952
gold 4s
1
55
101
36%
Constr
A-O
1951
sterling
trust
57
98 Hi
9 7 Hi
Illinois Central RR—
Extended
96
55
6
91
91
55
1965
Monongahela Ry 3VaS series B
Morrell (John) & Co 3s debs
Morris & Essex 1st gtd 3 Vis
62 Vi
17%
57
101
78%
Moh'k & Malond 1st gtd
105%
57%
•7
:.x
239
&
A 1st
96
104 %
*55
101
3-D
1975
Mountain States
Bell
II
83%
106%
96
—
F-A
M-B
*-8
Constr
Illinois
—
gold 5 Vis ser A
—1.1949
ref gold 5s series h
1980
ref 5s series I
1981
A Conv
A 1st
100
80
104 Hi
1977
:
4s
& ref 5s series
95
88
1
8
3-3
J-3
series A—Jan 1967
& ref 5s series F
119%
94%
55
'
105% 105%
/
94'A
119 %
95%
90%
A-O
v%;'.7:
124
J-J
1962
1949
series
95
*120
82%
104% 105 Va
1962
1978
D
A 1st
j-j
100'A
99%
/
__
82%
'
M-S
Hocking Valley Ry 1st 4Vis
*100
104 Vi
A-O
1990
ref 5s series A
&
A General
H
98
100%
99 Vi
13
1962
series B
series
A 1st
Hackensack Water 1st mtga 2%s__1976
99%
Hi
RR—
4 %s.
adjust 5s
99%
95%
98
^Missouri Pacilic RR Co—
61%
9 3 Hi
100
*100% 101%
t-n
1967
series A
5s
4s
lien
ACum
'
93Hi
Apr
lien
40-year
95 Vi
8
,
95
2
M-S
Jan 1971
Jan 1991
4s inc ser A
1st 4s
mtge
Missouri-Kansas Texas
100%
93
6
-
30
98
Marie—
inc ser A
4%s
mtge
AGen
7 Hi
7
'101
*-o
.St Paul si Sffuit Ste
Minn
92 Hi
2%s
& Mfg
Mining
99%
J-3
MSB
1940
t§AMidland of N J 1st ext 5s
Mo Kansas & Texas
7Hi
7Hi
74
3 Vis
impt 4%s series C
Minnesota
85%
92
__
&
::
__
C-tral—
& Sag 3%s
gold
Ref
91
82%
Drain
&
Sew
Jack Lans
93
V6
25
1st
Wat
Michigan
110%
•90
__
—1975
ser
4s
5Vis—1'950
RR
ref 5 %s series
mtge
*91%
B
1st Si ref 4s series B
Gen
J-J
Feb
Greyhound Corp 3s debs
Gulf
J-J
1961
:
West deb ctfs A
Debentures
93
2010
R__
ser
110%
95 %
1951
1952
1979
Michigan Cons Gas 1st mtge 3%s_1969
1st mtge 2%s
-1969
118%
1973
C
110% 111
95
100% 100Hi
1st
J- J
3-J
M-N
Metrop
112
1952
3s
Metropolitan Edison 1st mtge 2%s_1974
9 8 Hi
B
mtge
*97
83 Vi
2%s_1965
mtge
Corp
J-D
103
103
Ry Co—
5 Vis
General
■
January 1
No.
'
F
series
M 27/gS
Knox St
AManila RR
%'•
111
Range Since
Sold
High
*109% 110%
103%
100
48
100
55%
M-S
deposit
Francisco Sugar coll trust i6s
3HiS
M
St Louis Div 2d
4Vis
3s
IFlorida East Coast 1st
A
A-O
1966
Louisville & Nashville RR—
Atl
A
f-a
1963
Bonds
'
1st
i,
1951
Co deb 5s___
(P)
debentures
3s
'
88
68%
80
95
•;
66
44
L
,
Friday's
or
Bid & Asked
*
1917
4-/">
*94
95%
97%
97
96
96%
101
3
--
NEW
RECORD
BOND
YORK
RANGE FOR WEEK
Monday, February 2, 1948
CHRONICLE
THE CUM M ERC1AL & FINANCIAL
(568).
ENDING JANUARY 30
Week's Range
Thursday
.
Last
Friday's
or
Sale Price
Period
Stock Exchange
York
New
Week's Range
..Friday
•
-Interest
BONDS
Bid As Asked
Low
High
Bonds
Low
No.
Stock Exchange
York
New
•January 1
Sold
A-O
,—1975
•
10%
7
100=%
93%
94
94
10
;
103% 104
104
94
94
A-O
41
103 Vi
5
94%
2%s
debentures
Southern
e
Indiana
Pacific
ref
3 '4s
series
I
1st
&
ref
3s
series
J
1st
Ai
ref
3s
1st
&
ref
3s
1st
At
ref
3s
1st
At
series
Tel
Ac
Tel
J-D
100%
100
101
1974
J-D
100 'A
100'A 101
1979
M
3s
series N—
1st At ref 2%s scries P
1st At ref 2%s series Q
Pacific
100 % 100 >A
J-D
100
L—,
series
2%s
1977
debs
19b5
debentures
1986
1987
101%
99%
99 %
95'A
32
94%
97'%
24
97
92%
24
91 %
94'/a
95 Vi
96%
101 Vi
102%
95%
*__
Devel
Devel & gen
Devel
lnc debs__
conv
Pennsylvania
*102%
Gtd
4s
series
E
trust
Glass
ctfs
Sand
Power
Ac
1952
Light
Pennsylvania
4s
5s
series
14
99
97%
18
97
100% 101%
112
113'A
7
99% 101'A
101
A
1965
J-D
101
106'%
91%
92
61
88'%
87
92%
£ 0 V'o
89 'A
88%
66
86
100% 100%
3
100
80'%
80'%
14
80
CO'A
77%
J-D
78%
14
77%
78%
112'%
113%
J-J
78
J-J
83%
*80
J-J
112%
112% 112%
16
92'%
J-J
93%
91%
106'% 107
108
110
110%
20
104
A-O
A-O
110 Vi
A-O
101
94%
91%
1UD
10 ) 'A
108%
8
110%
104
106
4
102 %
102%
Apr
100%
101
38
92'%
j-j
J-J
94%
98'%
97%
98%
*97%
100
100
99'A
j-j
1070
52
12
93
92 %
92 %
r-A
99%
50%
100% 100%
100%
92
54
*51
M-R
1966
92
92%
a-o
-2010
101%
Ref
Ac
imp M 4s ser C
113 Vi
Ref
Ac
imp 2%s series D
28
105
110%
96%
23
95
99%
96
18
95%
99'%
98
97'A
98%
78
97%
98%
80
84
A-O
J-J
*20
P-A
*:_
Phlla Bait Ac Wash RR Co—r
General 5s series B
•
22
61%
8
61%
59%
;
100%
99
14
j-j
1 CI
ref
XHX
J-D
105
105
105% 106 %
98%
/OU
3%s MV. C.
ser W
M
sJ
,
2000
Ac
Ave xmj
Ry
avc
Ac
ref
2%s
1967
M-M
1st Ac
ref
2%s
1974
M-M
1st
ref
2%s
1981
J-D
tIAphllipplne
1937
J-J
Phillips Petroleum 2%s debs
1964
>-A
Ac L Erie 2%s~1996
J-D
Pgh Cine Chicago Ac St Louis Ry—
Cons gtd 3Vis series E
Cons gtd 4s series P
1975
J-J
1
97%
99%
Union
coll tr 2%a
Union Oil of Calif 3s deb
2%s debentures
97
100 Vi
97
18
97
12%
14
12%
13
11%
4
11%
100% 100%
22
100%
1
94'%
94%
"J-D
101 Vi
101%
*100
ist
11%
debentures
U
S
r-A
*107
1964
m-m
F-A
M-8
61%
98%
99%
95 Va
Pictures
3%« arts—
98%
98%
5
96'%
98%
90
22
87 %
91'A
98%
97
97
9 7'A
9 7'A
97
*96
M-8
92%
97-
92'A
M-N
91
96
97
10
92%
a-o
1950
96%
103%
20
97
*96
—
Universal
96
101
89'%
89%
1967
108
107
1
29
96%
a-o
1976
2%s debs
debentures
2%s
*107
1976
1991
"
107
r-A
1963
83 '
56'A
XT'":.
102'% 103%
98'A
93%
9G'%
1966
*' —
■
mtge
Rubber
V.
102%
J-D
1970
2'%s series C
Biscuit 2%s debt
Ref
United
101%
109%
*102
•
79'/a
95
99
'
107% 108
96%
96%
108
RR—
Pacific
2%s
94'%
ass¬
of Mo
Co
Ac
mtge
Union
101'.
101%
.5
Electric
120
M-R
1960
Pgh Cine Chicago Ac St Louis
Gen mtge 5s series A
94%
100'A
6
5
57
81
79%
U
98
12%
.
90%
100
2
100
*95'% 101'%
M-a
98%
100
97%
1957
112
t-joj
109
RR—
1970
Gen mtge 5s series B
-
J-D
1975
105%
A-O
1975
E
A-O
Plttsb Coke Ac Chem 1st
mtge 3Vis_1964
Consolidation
100
97%
r-A
1953
Cons gtd 4s series H
Cons gtd 4Vis series 1
Cons gtd 4Vis series J
105% 105%
87
87%
*102%
M-M
1
105%
104%
108
12
Cons o
s
WiiO
series B
f 4s
am
a
1965
mtge 4 Vis
1950
1950
102%
24
103% 103
;M-8
1950
A-O
103
103
J-D
101%
101% 101%
9
101'A
M-N
101%
101 Vi
101%
5
101'%
101%
87'A
87'A
2
87%
series A
1955
J-D
1959
A-O
1960
A-O
1st
87'A
*86%
—
86%
86
23
5s
cons
Virginian Ry 3s ser B
„
—
1977
J-D
1904
J-J
100% 100%
11
100
100%
1966
J-J
105% 105%
1
105
105%
Ward
1977
P-A
1957
M-lf
J-D
♦100
gen
5s
series
B
1962
F-A
5a
aeries
C
1974
J-D
*115
*118'%-—
1956
1972
Baking Co—
(subordinated)—
J-D
100
90
90
107
107
107
103
*103'% 104'%
145
145
*210
103
!Kv:.i45
145
240
1
78
98%
mtge 3%s
West Penn Power 3'%s series I—
Western
94%
96
89%
89'A
90%
t
—
■
.
"*50%
;
103
52
—
Q-M
F-A
*__
J-J
.1964
J-J
99%
99
98%
99'A
1
•108%
105%
10G%
1
106'%
108%
May
97
106
97%
99
99%
1
25-year
J
gold
or—
5s
1950
M-N
97
96%
97%
99%
MS
92%
89%
93
37,.
J-J
87%
82%
87%
65
101%
101% 101%
\
30-year 5s
-
99%
100
97%
88'A
93
80%
87%
-
,_1960
109
95
80
1951
Funding Ac real estate 4%»—
99%
54
101'•
9
Western Union Telegrapb Co—
deb.
105%
106% 106%
99%
98%
A-O
r
1?»
93
107% 107%
106%
J-D
.1966?
100
180%
109'
•<
J-D
.1967
.1°52
Maryland 1st 4s
Pacific 4%s inc A—Jan 2014
96
•"
105% 105%
105%
A-Ov
-
Gen
75 Va
£0%'
96
96
r-A
'Warren RR 1st ref gtd gold
1948
^Washington Central Ry 1st 4s
Washington Terminal 2%s ser A.. 1970 '
Westchester Ltg. 5s stpd gtd—— .1950;
75%
94
..•?n ■'
M-N
1970
79%
78'A
77%
78
v
75%
,
M-M
,
3%si. 2000
Western
Quaker Oata 2%a
.
89'A
Apr
Apr
11
*86
J-J
2037
10
12
*105
M-R
2037
JL16
__
5%s debs
M 45
1st Ac ref mtge 5s
116
*6
J-J
1st A ref mtge 8s
102
,
Apt
;
*116
gen
1905
99
96'A
•
Gen mtge 4s inc ser A
Jan 1981
Gen mtge inc 4 %s ser B
Jan 1991
1st mtge 3%s ser B
1971;'.
Walker (Hiramj G Ac W 2%e debs-1966
Walworth Co conv debentures 3V4S-1976 ;
1945
1st
1st
Public Service El Ac Gas 3
Vis
1st Ac ref mtge 3s
98'A
13
W
Wabash RR Co—
1st gen 4 Via series D
10
88
88
100
111
88
86%
86
99%
99
96%
101%
J-D
96%
94 %
99 %
99'%
*__
J-J
2
96
98%
1900
Ac Coke 1st
13
97
95%
2%a ser R
1975
gold 58—1940
Va Ac Southwest 1st gtd 6a
2003
J-J
1st mtge 4Vis series B
1st mtge 4Via series C
APittston Co 5Vis ino aeb
Potomac Kt Pwr 1st M 3 Via
1st mortgage 3Vis
X A Providence Securities 4s
t A Providence Terminal 4a
*100
M-8
ls t Ac ref mtge
—
Pittsburgh Ac West Virginia Ry
Pitts Youngstown At Ashtabula
Ry
1st gen 4s series A
F-A
M-N
Virginia Electric Ac Power Co¬
84%\ 87%
Va Iron Coal
1st mtge 4 Vis series B
.1955
.1957
Vandalia RR cons g 41 series
108
5
104% 106
Coal—
debentures
1st
99 '/a
100
98'A
107%
98'A
98%
94%
*102%
A-O
1967
105%
11
51
98
98'%
M-R
65
•
1949
G
ser
98%
124'A
89
105
1
11%
Ry 1st s f 4s
A Certificates
of deposit
series
98 Vi
122%
79%
J-D
1971
105
86
•
2
56'A
57
A-O
Elec
Ac
92%
92'A
~9
100
J-J
M-a
Gas
-
94
97'%
J-D
income 5s
Jan
Tol Ac Ohio Cent ref Ac lmpt3%s— 1960
AAdj
104%
104
89%
89'%
97%
—
1960
35
122'% 122'%
J-J
Pacific-Missouri Pacific—,
.1974
RR of New Orl 3%a
.1960
1st ref 4a—
Texas
111u
Third
98 'A
97%
13
104'%
*92%
89'%
J-D
1900
Pacific ,1st gold 5a
Gen Ac ref M 3%s ser R
Texas
1st gold 5s— 1949
Tri-Continental Corp 2%a oom — 1961
121%
105 r,
106
j-j
1971
*__
_
A-O
104
98 'A
104
A-O
.1990
M 3'As ser B
Ac
Co—•
ref 2*is
1st
mtge 4Vis
ref
OO
Term
106
106
105%
.1970
98
M-R
116%
115
117
*115
A-O
Orleans RR—
Ac
151*
1st
23
18'%
21
99% 100
r-A
1977
1961
1st A
Pittsburgh Steel
81%
80%
60%
M-m
1974
4'As
tr
81%
.1980
.1060
deb
New
Ac
Louli
1st
Trenton
General gold 4%s series C
3%s
Texas
106%
Apr
mtge
Texas Corp 3s
95%
A-O
4s
103%
95%
105
1960
Pittsburg Bessemer
99%
Assn of 8t
RR
Terminal
96
1985
1st
92
M-N
5
100i?
95'A
Apr 1990
Peoria Ac Pekin Union Ry 5%s_—1974
Pare Marquette Ry 3%s ser D
1980
Philadelphia Co coll
Philadelphia Electric
-
J-J
P
3Vis
M-N
98%
A-O
4s
Pittsburgh
96%
35
%
J-D
ext
Gen
93%
100
1984
4s
•
59
93%
Swift
1968
E
1952
Eastern
gtd
95%
96
102'% 102'%
Sunray Oil Corp 2%s deba
Ac Co 2%s debs
103%
1981
B
series
ser
Cons
82%
95%
104
112
5
F-A
mtge 3 Vis
Ac
81'A
J-J
101%
100% 100%
M-Jf
1960
3 Vis
A Income
"l
J-J
100u
1
m-M
1948
4%s
Ac
Peoria
-
97%
dollar
series D
4 Vis
deb
1948
97%
A-O
:
series
4 Vis
mtge
Gen
—
99'A 100
A-O
x—1965
fund
4Vis
General
Conv
103 %
—
,
4s
General
Gen
*103%
—*
81%
Co—
1975
stamped
sinking
General
J-D
gen
96
81%
RR—
gold
sterl
*105'% 107
M-ll
1960
3%s
1st mtge 3s
3s s f debentures
Cons
95
42%
38
Co—
Pennsylvania
Pennsylvania
Consol
42%
A-O
1980
6s series A
6Vis series A
St
Pennsylvania-Central Airlines—
A3 Vis
&
92%
95%
Memphis DiV 1st gold 5a
Louis Div 1st gold 48
Southwestern Bell Tel 2%s debs—1985
*103
jr-40
4s series A
gen
100%
91'%
M-a
.I960
1996
1961
1994
1956
1956
1956
1996
1951
P
Ry
&
£8%
J-J
1977
1960
2'As ser G
1st cons gold 5a
mtge
Southern
3
ASpokane Internat 1st gold 4Vis__2013
3tandard Oil of Calif 2%s deba—1966
Standard Oil (N J) deb 2%a
1971
40
101'A 101'%
101'A
J -J
mtge 2%s series
1st
983/a
91%
mige
1st
96%
97
A
124
21
96'A
*95
94
91%
124.
.
2%s ser E
1st
98%
—
99%
91%
91%
P-A
93%
97%
29 '
■
99%
J-J
1981
San Fr Term 1st mtg3%s «er A.1970
Southern Pacific RR Co—
101
*121
J-J
4Vis
Gold
101%
3
91%
A-O
s f gold 4%s
1955
Paterson Ac Passaic G Ac E cons 5s_1949
100
48
101
94'A
A-O
3%s debentures
Paducah Ac 111 1st
102
94'A
J-D
2%s
100
97'/4
J-D
J-D
1980
101%
6
99% 100%
101
101
J-D
1981
100'/a
42
100 Va
1971
ref
j.j)
.
Gold 4%s
107%
28
J-D
192?
K
series
107%
*107% 108%
19&®
Ry 2%a
Co—
(Oregon Lines)
1st 4%s
Pacific Gas Ac Electric Co—
&
1970
1985
1987
1994
92%
10
97%
92%
91%
91%
High
86
38
97%
A-O
January 1
Low
93%
*28
J-D
Range Since
Sold
No.
High
92%
93
..
J-J
1963
2%s debentures
104%
Southern
1st
Bonds
Friday's
or
Bid & Asked
„
F-A
1041
1060
—1976 :.
coll tr 7«
debentures
3s
94
94
A-O
1071
Union Oil 2%s deba
Skelly Oil 2%s debs
Socony-Vacuum Oil 2 Vis
South & Nor Ala RR gtd 5a
Soutnern Bell l ei Ac Tel Co—
12%
8%
£
29
99'/a 100%
r-A
.—I960
11%
,11%
11%
99 Vi
—1975
1st mtge 2%s
Oklahoma Gas Ac
J-J
M-M
Sale Price
Low
f§ ASilesian-Am Corp
—1974
Last
Period
V
High
Shell
—1940
Interest
BONDS
Range Since
Westinghouse El Ac Mfg 2%a_
Reading Co 1st At ref 3%s aer D..1995
Revere Copper At Brass 3 Vis
1950
Rochester Gas Ac Elec Corp—
Gen mtge 4 Vis series D___.
Gen mtge 3%s series H
Gen mtge 3Vis series I
_1977
M-R
84
M-R
84'%
10
83%
85
1967
M-M
M-M
24
99%
101 Va
MS
98'A
98'A
98'A
lo¬
97%
98%
guaranteed—._2361
-2361•
1—.
-1949
Wheeling Ac Lake Erie RR 4s
Gen Ac ref M 2%s series A—..1992
MS
61%
59
61%
se
59
M-S
57%
58'A
57
57 %
60'A
M-N
'103'A
103'A
103'A
debentures
Shore 1st 4s
West
:
Wheeling Steel 3'As series C
M-M
1867
J-J
_1971 ■
2% s
Registered
'101% 103%
H-M
1869
-1951 '
•'
•
Gen
-
mtge
3%s series J
15 AR I Ark Ac Louis 1st 4Vis
1934
1949
J-J
4Vis stamped
1941
J-J
4s
RR
104%
M-M
stpd-
1 A Rut-Canadian
*<4Rutland
107'%
104'A 104'A
4
107%
104
:
mtge
1st
3'As ser D—
9'%
Ac
Co
1st mortgage 3s
S B 1st 4s—„
65
63 3 i
67%
Wilson
8'A
5
8'A
'8%
Winston-Salem
8%
9%
25
7%
9'%
66
Lawr
20
St
1
8
At
Adlr
3s
1971
gold 6s
2nd mtge inc 4Vis
Louis-Southwestern
ser
bond
ser
97%
97
97%
*_:_
j.
J-J
83%
2022
May
55
M-M
Gen Ac ref gold §s series A
ctfs
£9%
224
81
JSt
Paul
&
55%
224
52'%
4
98%
11
80'%
89'/a
80'%
82%
94'%
89'%
95
gold 4a_1960
Seaboard
Line
Air
ser
RR
AGen mtge 4%s
Seagram (Jos E) k
ser
A_
_Jan
2%s
69
185
25
25
164
93'A
93%
F4
75%
71
M-N
J-D
J-J
F-A
51
52
173
49'%
54
A-O
"l
♦103% 105 »A
mm
99
2016
J-J
66
T-T)
Deferred
delivery
J-J
1976
mm'
73
19%
26
94%
£3
104
104
sale not included In
92'%
97%
the year's range,
d Ex-interest, a Odd-lot sale
not Included in the year's range. rCash
•
99
99%
13
98%
100%
63%
66
52
63%
G£'%
92%
93
24
92%
93'%
92'%
not
sale
200-
tThe price represented is the dollar quotation per
Accrued Interest payable at the exchange rate of $4.8464.
fCompanies reported as being in bankruptcy, receivership, or reorganised under Section 77
Bankruptcy Act, or securities assumed by such companies.
•Friday's bid and asked prices; no sales being transacted during current week.
§Negotiability impaired by maturity.
pound unit of bonds.
*127
M-M
J-J
-1966
Lt Ac Power. 2%s
Included in
1996
Sons
G4%
26
the year's range,
n Under-the-rule sale
not included in the year's range,
y Ex-coupon.
J-D
Co—
A
69
95
'82%
Line
mtge 4s
111'A
82%
150
J-J
J-J
Scioto V Ac N
1st
102 s'H
11 1'A
102%
Kansas
Union
101%
—
55%
101% 101%
V: 52%
1990
City—
RR gtd 4Vis
1941
Depot 3Vis B—,—1971
E 1st gtd 4s
1989
fAShort
St Paul
10
the
ARnnri*
selling
flat.
*
'
;
95%%)
84'A
Nov 1989
1st cons
94'A
99%
84
81
a
St Paul At Duluth
93%
4
*109
J-J
J-J
14
95%
88
*99'%
.96'A*
96
102% 102%
95%
J-J
deposit——.
|£Su Ac Du div Ac term 1st 4s_. -1936
A Certificates
of deposit
1976
Wisconsin Electric Power 2%s—
1971
Wisconsin Public Service 3y<»s—
Yonkers Elec
A
bond
A-O
J-J
1989
A~Jan
25
79%
Ry—
certificates
2d
inc
97%
1955
A
A
4s
*72
97%
1997
(
mtge 4s
48
J-J
1896
t
1st
M-M
1995
Rocky Mt Ac P 5s stpd
ouis-San Francisco Ry Co—
1
81
A
ser
1st gold 5s
V
—1949
fA 1st general 4s
A Certificates of
lavienay Power
*
A-O
„
1960
^Wisconsin Centsil Ry
1
St
M-S
J-J
95%
95%
„1970
—1947
_1950
61%
99%
J-D
104%
8'A
65'%
'
of
rf
v
.
167 Number 4669
Volume
■
■
■
■
...
-7ft
THE COMMERCIAL & FINANCIAL
CHRONICLE
■
(569)
•
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash and deferred delivery sales
in
footnote
a
they occur.
and ending the current Friday, Jan. 30.
It is compiled from daily
or bond, in which any dealings have occurred during the current
24,
'
.V "V.."; '
\ ,\Av'y
X
-
.
Week's
Motors
Acme
Acme
Wire
Adam
Hat
Aero
Co
Supply
Agnew
Air
Air
Investors
60c
Low
High
3%
Jan
4%
Jan
5%
Jan
%
_4%
500
31%
Jan
31%
Jan
"5%
6 Vs
300
5%
Jan
6%
Jan
1,300
1 '/8
Jan
2%
Jan
2%
2%
2%
13%
13%
13%
700
Jan
13%
300
6%
Jan
7%
Jan
3%
100
3%
Jan
3%
Jqn
"l%
48',400
x:r%
Jan
1%
Jan
3%
2,600
Jan
3%
Jan
6%
Jan
2
.
preferred
X -■'
—
10
—50c
10
preferred
"lVr'
2%
2%
13
2
Oil
Alabama
80
81%
70
80
Jan
82
Jan
92%
92%
25
87
Jan
93
Jan
"3%
2%
3%
1,700
2%
Jan
common
1
6%
6%
6%
100
6%
Jan
50
pfd___
4.20#
Airlines
Alles &
Fisher
Internat Investing
Allied
Products
Altorfer
Bros
Aluminum
$3.75
Jan
1
Power
Alaska
Allied
5%
Corp
5
Amer
America
common
preferred,.
18%
6%
Jan
Amer
British
American
Bantam
Car
Beverage
American
22
56%
5,800
53%
Jan
Gl %
93
450
92%
Jan
96
24%
25
200
24%
Jan
25
10%
300
10 %
Jan
13
Jan
Jan
180
Jan
10%
167
Class
B
American
Fork
American
Gas & Electric
4% %
..
630
171
$2.50
dep rets ord reg
Class
Bruce
(E L)
Silk
Burry
167
Hard
Co
25
1%
20
6%
Jan
2%
Jan
Jan
2%
Jan
88
6,100
17%
17%
Jan
34%
6,600
6%
100
33 %
«X'
—
''
2 A
>
90
Jan
18%
Jan
Jan
35%
Jan
109%
Jan
111%
Jan
2
Jan
2%
Jan
25
33
Jan
40
H)
43%
Jan
75
■.
.
v
18
18
100
17%
Jan
18%
Jan
20
31
20%
31%
450
30%
Jan
32%
Jan
25
16
15%
16
2,900
15%
Jan
17%
Jan
25
preferred
Mfg Co
—
31%
32
200
.31%
Jan
32%
Jan
25
common
American Maracaibo Co
American
Metal
:
Co
Class
Potash
class
A
B
Republics
American Seal-Kap common
Amer
Superpower Corp
$6 scries
3%
200
3%
21%
15%
Jan
7,900
22
200
3%
21%
51
45
51
800
45
35
150
34%
Jan
400
34 %
Jan
4.700
21%
Jan
34%
-
34 %
35
23
22%
23%
J
3%
%
American Writing Paper
5
5
8%
200
%
46
5
common
3%
%
•
preferred
23
Jan
34%
10c
com
preferred
American Thread 5%
3%
Jan
34 %
2
Post
Angerman
Products
Co Inc
3%
11,000
v
46%
500
u
46
Anglo-Iranian
Amer
Oil Co
36
Jan
36%
Jan
4%
Jan
Vb
Jan
Jan
5
Jan
9
Jan
200
4%
Jan
400
8
Jan
7%
7%
7%
600
7%
Jan
5%
5%
5%
200
5%
Jan
8%
Jan
5%
:•
17%
3%
1
pfd
100
9%
100
Jan
~3%
300
3'%
Jan
9%
l
Jan
Electric
Cable
Cables
Calamba
9%
1,200
9%
Jan
100
102%
1,200
98%
17%
4
10%
Electric
Tungsten
Fire
Canada
Bread
6%%
Jan
103%
Jan
4%
5
4%
Jah
5%
Jan
5%
4,100
5
Jan
6 %
Jan
•
5%
5%
10,300
5
Jan
6%
Jan
Light $7 pfd
Associated Electric
American
Associated
•
2.50
1
Laundries
&
of
Tel
:
America
class
A
Coast
Line
Co
Automatic
Avery
(B
67«
■
—
—
—
500
14%
14%
12%
15%
12,900
t\
Jan.
10%
Jartl
113
113
Jan
Jan
12
Jan
."'13%
Jan
13%
Jan
15%
Jan
dr Sons
Corp
new
Jan
1%
Jan
7%
175
7V4
J»n
8%
Jan
3%
3%
3%
900
3%
Jan
4
Jan
54%
~lv» ~4%
27 'A
2612
6 Vs
28
5%
Jan
6,100
4
26
54%
Jan
Jan
5%
Jan
1,500
'
Jan
30
Jan
6%
24 ft
24%
4%
Jan
6%
Jan
7%
7Va
13
800
300
7
Jan
7%
Jan
100
13
Jan
15%
Jan
225
24%
Jan
25%
Jan
16
•
5
com
8 34
7y2
1
common
Jan
M Jan
•
25
Collieries
8%
~4%
preferred
Ayrshire
;
12
'
i
Voting Machine......
F)
12
„
50
Woducts Inc
Steel
—i-'-
__
1
Atlas Corp warrants
Atlas Plywood Con#
Automatic
10%
•
__
•
Atlantic Coast Fisheries
Atlantic
1,100
Industries—
dep rets reg
Associated Tel
5
10
&
—
Ltd common
Jan
17%
Jan
13
25-
..3
B
•
11%
300
11
=
11'A
17
-A--.
H
— —
11%
18
Xl6%
15
2%
2%
200
18
Jan
15
50%
51
Jan
Jan
m
1,500
3
U
2%
Jan
3 Vb
Jan
12%
Jan
12%
Jan
12%
100
c
/
■
4%
4%
4%
4Ve
2,300
Jan
5%
Jan
2%
50c
Jan
2
%
Jan
7%
Jan
7%
Jan
7%
1%
1,300
7%
Jan
7%
Jan
r2%
3
1,500
2%
Jan
3%
3
18%
19
200
18
Jan
19
Jan
Jan
•
•
Class
A
Class
B
•
Alcohol—
Industries
Carolina
Co
Co
1,300
49%
Jan
Jan
10%
Jan
9V2
Jan
10
Jail
900
rl%
Jan
lVa
Jan
50
38%
Jan
42%
Jan
Jan
'
&
pfd
Light $5
Biscuit
Co.
—
39
'
8V2
8%
800
8 Va
Jan
8%
5%
8%
5%
100
5%
Jan
6
Jan
Jan
53
Jail
51
50
*
common
1%
38%
•
1
——2.50
•:
Power
Carr-Consol
X 9%
100
1%
1%
1
—
Baxter & Kennedy Inc.-
Carnation
300
9%
..100
Marconi
&
9%
9%
9%
Ltd—
preferred
Caiman
9%
•
•
voting
non-voting
Canadian
T/o
*
preferred—
Industrial
Canadian
Carreras Ltd—
Amer
Carter
140
k
50
108 Va
4%"
5%
1
5%
16,100
Jan
110%
Jan
4
:•
Jan
6%
Jan
%
■
dep rets B ord
(J W)
2s 6d
.
CastJe
53%
■"—
Maine
Power
Co—
100
8
1,700
75%
79
210
18%
76%
1
pfd
18%
100
100
Corp.—
West
~7%
8
5
preferred__l00
100
100
Conv pfd opt div ser 1929
10O
Century Electric Co common
10
{Central States Elec 6%
7%
preferred
Conv pfd
Cessna
7%
Aircraft
Co
Co
75%
"9
19
Jan
85 %
Jan
8%
9%
8%
14%
16%
350
14%
Jan
67
65
68
200
65
16%
16%
10
16%
11%
U%
100
Jan
Colon
9%
Jan
15%
15,400
Jan
Jan
73
Jan
Jan
16%
Jan
11%
Jan
13%
Jan
Jan
3%
3%
1,600
3%
Jan
3%
8%
8'
8%
600
.7%
Jan
X 8%
Jan
12 Va
Jan
13
'
Jan
200
23%
Jan
25%
Jan
475
60
'
23%
23 3A
"
"
Jan
70
Jan
125
16%
Jan
18
Jan
5%
300
5%
Jan
5%
5%
5%
700
5%
Jan
5%
Jan
1 %
1
1 %
3,600
1
Jan
1%
Jan
-108%
106
80
106
Jan
36%
34
60
67%
16%
62
17
5%
—
110
Jan
.Jan
115
Products
Plow Co
Co
38 %
Jan
12%
400
11%
Jan
12%
Jan
9%
9%
400
9%
Jail
9%
14%
15
300
14%
Jan
2 %
2
1
Mfg
Jan
11%
1%
1%
1%
8,900
4
20
common
Lambert
33%
-5
1
Jan
10%
28%
26%
28%
1,600
24
Jan
28%
Jan
100
7
'Jan
7%
Jan
9%
Jan
*
;
36%
12,100
200
v.
2
Jan
2%
Jan
1%
Jan
2
Jan
10
v
7
7
7
4%
ordinary
X 4,/s:
Jan
4%
Jan
5%
2,200
7%
.7
7%
Jan
2,200
4%
6%
Jan
7%
Jan
'
1
Airlines
Jan
Jan
16
•
common
Development
Colonial
Jan
17
>'
1
Clarostat Mfg Co
-Claude Neon Inc
Alum
Jan
Jan
Jan
10
1
Clark Controller Co
&
80%
Jan
18%
10
common
City Auto Stamping
City & Suburban Homes
Clayton
Jan
1
100
Mining
IChilds Co preferred
Service
8%
3%
-*
trust ctfs
Consolidated
Chief
Cities
Jan
1
Charis Corp common
10
Cherry-Burrell common
3
Chesebrough Mfg common
——10
ChicRgo Rivet & Mach
4
Chicago & Southern Air Lines
*
Voting
Jan
Jan
.
2.50
common
America
of
7%
32%
Jan
85
__
opt div ser
Chamberlin
Jan
10
■
Jan
5%
•
preferred
Light 4%
Jan
10
200
6%
31
1
Corp of America
South
~6%
~5%
10
Central
3.50%
X
S
*
& Co
(A M)
•
—
1
Co common
Casco Products common
Cockshutt
49%
Locomotive—
Jan
•
9,300
!ii
12%
Jan
Jan
14
11%
Jan
xl63i
3,700
15
n
Jan
.
Jan
2o
Canners Ltd
Convertible
Club
Baldwin
49'A
*
Clinchfield Coal Corp common
Babcock & Wilcox Co
Jan
1
preference.
&
5
Power
47
Jan
1
Ltd
Canada Cement Co
Canadian
Central
4%
Equipment Corp
Ashland Oil & Refining Co
700
•
1
Power
Co
Jan
5%
Aro
49%
47
£1
Corp
Insurance
Jan
1
preferred
49%
Jan
•
Arkansas
pfd
Sugar Estate
California
Callite
Product^ common
dep rets 5%
Power &
Arkansas
6%
Jan
Wireless—
&
Central
Argus Inc
Natuial Gas common::
Common class A
non-voting
Jan
9 %
12%c
Central Ohio Steel Products
£1
Appalachian Elec Pwr 4%%
20%
Jan
2
Jan
48
8%
8 %
Jan
>25
Jan {.'■•
5
S
Jan
Ltd—
Angostura-Wupperman
Apex-Elec Manufacturing Co
Jan
8%
100
V
Carey
Jan
1
dep rets ord leg
16%
700
25c
Jan
51
Jan
2
common
2 Vs
3.100
8%
"12
common
Catalin
Anchor
Jan
20%
8%
*
>
1
Jan
16
Jan
•
lo
"2
16%
2.50
Co
Capital City Products..
'
3%
•
American
16
•
Chem
&
15%
2
American Meter Co.
American
16-
1
Products
~2
8%
;:
Canadian
American
Jan
Jan
j
Jan
20%
•
& Sullivan
Ring
2%
20%
Jan
2%
20
v-
Jan
Jan
'Kit r
2%
35
'
Jan
35
.
Jan
7
17
33%
900
110%
2
X
Jan
43
110
'•
•'L;—X
'•
__
»•
•
Corp Amer dep rets
Biscuit Corp
(P
Jan
5
Ltd
Mills
Hill
13%
Jan
2
200
34
1
Laundry Mach
Light & Trac common
6 V*
%
G
l
American
Rubber
17,000
90
90
6%
1
10c
preferred
American
American
2%
2% X
17%
common
—
Jan
Jan
1
common.
Co common
Piston
Burma
—
18%
13
50
Jan
1
Distillers
Buckeye Pipe Line
Bunker
13'%
•
Rubber Co
Burd
13%
17%
400
13%
—___10s
B
Forman
Brown
Camden
10
preferred
convertible
XX
__
100
General Corp
convertible
2
2%
common
preferred
'
American
$2
Hoe
&
2%
1
Light—
!
High
Low
17%
Jan
170%.r
100
American Cities Power &
Range Since January 1
High
£1
Jan
25
1
Co
common
Low
Jan
Jan
53%
92%
10%
Book Co..
Share«
17%
£1
British Columbia Power class A-
American
American
for Week
Ltd—
Celanese
Jan
20%
•
common
20
56
*
Aluminium
Jan
92%
•
100
Aluminum Goods Mfe
Aluminum Industries common..
Ltd
Jan
'•
Sales
Range
of Prices
•
Co
dep rets ord bearer
dep rets ord reg
Butler
•
common
of
cumulative
3%
1
common
(Mich)
Co
Co
100
,
'■ ''
'■
V
Tobacco—
American
Brown
Inc_'_
Great Southern
Alabama
400
6
5%
3
Appliance
Electric
Week'#
Last
British
Bruck
Air-Way
X «
-
Sale Price
Exchange
British-American
Amer
7
3 %
Curb
Par
Jan
7%
1
York
High
Jan
*
5
(N J)
Mfg Corp common
convertible
New
1-1
common
common
Convertible
iAireon
STOCKS—
Range Since January 1
10
capital stock
Shoe Stores
Associates Inc
_4
--1
Inc
Mfg
Surpass
shown
are
xx.V ix'v'
Cx''-'' ■'
Friday
Shares
LOW
1
common
Ainsworth Mfg
range
v
year.
for Week
2%
Alloys
Stores
week, and when selling outside the regular weekly
Sales
/
warrants
Aluminum
the
on
RANGE FOR WEEK ENDING JANUARY 30
Range
Par
ACF-Brill
'
of Prices
Last
ale Price
Exchange
Curb
,SVV
'V
•
Friday
STOCKS—
York
RECORD
the New York Curb Exchange for the week
beginning on Saturday,
reports of the Curb Exchange itself, and is intended to include every security,
whether stock
New
YEARLY
following extensive list we furnish a complete record of the transac tions
In the
Jan.
which
the week in
in
AND
disregarded in the week's
unless they are the only transactions of
No account is taken of such sales in computing the range for the year.
are
*
7 7c
preferred
30
Baldwin Rubber Co common
de
Banco
los
Barlow
\
35%
200
Jan
35%
Jan
10
Jan
14
Jan
10%
Jan
11
Jan
Commodore Hotel Inc
19,400
4%
Jap
Jan
Commonwealth
12% i X.
11
200
Colt's
.
shares
Steel
Corp.
;
& Seelig Mfg—
i
"5%
4%
5%
5%
Manufacturing
25
Co
6%
6'%
1,600
6%
Jan
7
Jan
4
4%
3,000
4
Jan
4%
Jan
30%
Jan
33 %
Jan
30%
32
A:-
warrants-
Community Public Service
32
650
700 X
4%
4%
458
A
3,500
A
Jan
26%
50
26%
Jan
200
6%
Jan
68 VB
Jan
A
25
5
Jan
i'<[
267'e
1
Southern
&
6%
4%
1
Colonial Sand & Stone Co
50
10
—
34
Colorado Fuel & Iron warrants
11
Andes—
American
Barium
;
34%
Jan
a a
Jan
Jan
28
'
$1.20 convertible A
Basic
Refractories
Bauman
(L)
Beck
Aircraft
Bell
of
Tel
Benson
Watch
&
common
Co
Hedges
&
Bickford's
5%
5%
12%
5%
1
1
1
Inc
1
4,000
;X: 100
16%
5%
•
9
•
16%
16%
common
X
300
400
common.
(Philip)
Blumenthal
Bohack
T/o
(S)
(H C)
&
Co
Scrymser
Bourjois Inc...
Brazilian
common
Jan
1%
Jan
Jan
8%
Jan
8%
9
—
600
^
Co
Mfg
Co
——
—
Jan
Compo Shoe Machinery—
Vtc
—
7
7%
3
17
2%
136
10%
Jan
$3
Jan
Consol
Jan
4 V2
Jan
17%
17%
•
Light & Power
—.
9
—
50
footnotes see
%
E L
Bait
F
series
C
,
Jan
Consolidated Gas Utilities—
19%
Jan
Consolidated
Mining
33
Jan
Consolidated
Royalty
&
Jan
8
Jan
18
8%
Continental
Car-Na-Var
7%
Jan
Continental
Fdy
Jan
3%
Jan
Cook
&
17%
5,500
17%
17%
Jan
9 %
400
9%
Jan
8%
Jan
Paint
—
26
27%
160
.''"X''""
15
1
9
14%
9
15%
9
— —
4,000
GOO
Jan
43
Jan
Jan
125
Jan
Coro
26
Jan
27%
Jan
Corroon
10%
Jan
11
Jan
$1
14
Jan
15%
Jan
Cosden
9%
Jan
9
Jan
22%
22%
100
22%
Jan
•
10%
10%
200
9%
Jan
23
10%
Jan
Jan
&
Corp
Machine
Varnish
Co
Co
Cooper Brewing Co common
Copper Range Co
Cornucopia Gold Mines—_—
40
122
—
7%
Jan
1.000
Jan
70
110
80
107 Va
Jan
111
Jan
101
50
101
Jan
103
Jan
8%
Jan
9'A
9'A
2.000
80 %
1.275
3 Vs
3%
3%
1.300
32%
31%
32%
2.000
31
12%
12%
13 V*
2,700
12%
Jan
2V4
2%
3,100
2>A
Jan
12'A
13%
1,600
38%
40
8%
9
80
10c
68%
108
101
5
10
*
76
Jan
Jan
3 %
80%
Jan
Jan
3%
Jan
Jan
76
32 %
Jan
..
14 Vs" Jan
13%
2%
1
2%
•
10 Vs
2%
Jan
12
Jan
13%
Jan
200
37 %
Jan
40
Jan
1,200
2%
Jan
'
40
2%
Jan
10
2%
Jan
Jan
11
Petroleum
convertible
Courtaulds
American
A
common
preferred
10%
900
5c
%
%
2.900
%
Jan
Vb
10%
11'A
1,700
10%
Jan
11%
-1
*
&
Reynolds
preferred class
Creole
*
.AXX;.
*
Inc
5%
1
1
33s
3%
600
3 Vs
Jan
3%
Jan
13%
13%
300
13 Vs
Jan
13%
Jan
5%
Jan
6
Jan
51
Jan
1
5%
5'A
5%
1,600
50
49%
49%
49 Va
100
Ltd—
dep
receipts
Brewing
Co
1
Jan
Jan
17,000
38%
Jan
1,800
1%
Jan
Jan
Jan
'
(ord reg)_£l
5
00 £
4%
•
Petroleum
10
0
•
33.
68 Vs
68%
108%
100
1
Smelt Ltd
Oil
Jan
Jan
—
.
Jan
2%
Jan ;
•
100
common—
preferred
series B
preferred
Jan
8 1
7
•
*
Jan
•
■
page
G
4%
Croft
For
"
Secur common
preferred
7
—
•
common..
Coke
7
1
1956
to
&
2,500
•
A
6
ext
Gas
19
18
«.
2%
__25
Corp common
Bridgeport Gas Light Co
Bridgeport Oil Co
Class
—
100
Breeze
Brillo
13%
33
X
—
2%
•
common
Traction
Jan
16%
1
Inc
Co
5%
127%
1
1st preferred
Borne,
.Jan
Jan
Consolidated Steel Corp common
Consolidated Textile Co
3
common
& Co
5%. Jam v;',. 6
12%
90
——
Blum
Jan
300
•
«...
Ridge Corp
17
2
__
—
1
Blue
;Cx
1
Birdsboro Steel Fdry & Mach Co.com.*
Blauner's
Jan
127% 133
1%
--
•
common
Furniture
Inc
■X
12%
—
100
preferred
Gay
"5%
16%
Conn
Canada
Convertible
Berkey
l
Ties
Bellanca
..X-:
8
l
common
^common
S) Shoe Corp
(A
Benrus
Inc
& Co
Beau-Brummel
common
40
1%
!
O
39
1
%
C-
1V4
.
4%
43
1 Va
Jan
Jan
Jan
30
Monday, February 2, 1048
THE COMMERCIAL & FINANCIAL CHRONTCLF
(570)
YORK
NEW
CURB
EXCHANGE
range for week ending january 30
Week's
Friday
Last
stocks—
International
Crown
Cork
Crown
Drug
Co
•
a
i
Crystal Oil Refining common
$6 preferred
Atlantic
Cuban
—
.
Cuban Tobacco common
Curtis Lighting Inc
Curtis
Mfg
.2.50
common
■
—
5
(Mo)
Co
31%
Jan
Jan
v.
Sugars class a
26%
prior preferred
Goldfield Consolidated Mines
Jan
Gorham
Inc class a
Jan
Gorham
Mfg
common
104%
Jan
Graham-Paige Motors 25 -conv
Jan
9%
Jan
Grand
6%
'r.-v 8
Jan
14%
Jan
16%
Jan
Jan
Rapids Varnish
Dayton Rubber Co class a
Mfg class a common
debenture
35
Detroit
Gasket
Gray
Iron
Detroit
Steel
Products
Diana
Stores
Manufacturing
Foundry
2074
22
2274
Amer
20 3/4
20 3/4
Co
Products
—ft
2274
Jan
Jan
Hammermlll
2 3/4
Jan
Hartford
Jan
23 3/8
Jan
Jan
13%
Jan
6%
Jan
Corp class a
Steel
Tar
Chem
Harris
Ltd
Co
Co
14%
9%
Jan
"9 7a
Jan
Dept 8tores common
Hecla
Mining Co
Helena Rubinstein
73%
Jan
Henry Holt & Co common
36%
Jan
Heyden Chemical common
1
10
5
100
8
Jan
•
43/4
47s
43/4
133/4
138/4
133/4
100
13 3/4
Jan
preferred
4%
w
class a—
Hollinger Consolidated o m
Hoe
(r)
& Co
Jan
Horder's
4%%
6%
prior
&
Hardart
Malleable
States
$6
79%
813/4
185
79%
Jan
8&.
Jan
74
72
74
125
72
Jan
79 %
Jan
Hussman
58
Jan
58
Jan
$2.25
Jan
Common
•
25
....
a
—
•
b
57
of
beneficial
of
lnt
56
65%
Jan
Jan
61%
Jan
Jan
•
Share
Option warrants
Electrographic Corp
Elliott Co
*
common
Jan
12
Jan
51%
Jan
54 %
&
preferred
2%
10Q
146
4%
22
16
Jan
Jan
2%
274
Jan
Jan
Jan
1,100
15%
Jan
75
16%
43%
Jan
45 %
Jan
92%'Jan
45
17a
12%
Jan
Jan
Jan
Jan
1%
3,000
8%
Jan
12
100
1%
1%
77a
600
12
12
12
174
Jan
Jan
44%
44%
50
Jan
44%
77k
77/a
100
7%
Jan
8%
Jan
4,900
3%
Jan
3%
Jan
Jan
28%
Jan
~7%
3'/a
3ft
28
New
3ft
43
28
50
28
28
'
—
dlv
10
preferred
Fishman (m h) Co—
5c
to
$1
4%
43/k
Jan
47k
Jan
30%
100
30
Jan
31%
Jan
15
157k
1,900
15
Jan
157k
Jan
12%
137k
2,600
12
Jan
14
Jan
48
Jan
—-
——
10c
cum
Jan
30%
13
Metallurgical
(Phila)
12
I
—
15%
Association
Jari"
9%
1,000
3%
9,100
'
First York Corp common
$2
93/4
107k
4%
Engine & Airplane.
Brewing
Fansteel
Fire
103/8
common
1
46
Jan
600
2
Jan
50
34
Jan
V''A'
2
34%
7%
Jan
8
Jan
16 %
Jan
15%' Jan
700
9%
10%
Jan
11
11
Jan
11%
Jan
50
1074
Jan
11%
Jan
600
974
Jan
10%
Jan
Jan
97
Jan
Jan
7
,' 3,700
1,700
200
9%
7
21
67a
2,300
Jan
20%
Jan
23%
Jan
Jan
55%
Jan
Jan
9%
3,700
8%
Jan
9%
37a
200
3 3/4
Jan
4
25
42%
42 %
427a
10
Jail
26%
Jan
25
200
25
44%
Jan
Jail
Jan
148
Jan
Jan
35 %
Jan
35%
375
33%
Jan
105% 106%
20
105%
Jan
50
34%
Jan
36
68
Jan
78%
Jan
374
Jan
4%
Jan
97a
Jan
12 74
Jan
34
34%
lioo
—"
'
35
35.
35
69%
5
68
71%
%
.
6,600
11%
"934
11%
700
42
Refrigerator Co common.
42
43
400
Jan
108
Jan
—1
1
preferred
44-
Jan
Jan
5
Jan
700
7
Jan
77/a
Jan
38%
175
7 38
Jan
42%
27'a
200
2 3/8
Jan
2%
Jan
Jan
23%
700
22'%
Jan
25
Jan
25%
26%
4,900
25%
Jan
2G3/8
Jan
54%
54%
300
523/4
Jan
54 %
Jan
12%
12
13
12
Jan
167a
Jan
12%
12%-
12 34
2,600
12%
Jan
13%
Jan
12'/a
12%
600
12%
Jan
133/a
Jan
9%
Jan
10 n/8
Jan
~7
"l
38
38
2%
*
5
Hydro-Electric Securities
Hygrade Food Products
Jan
47a
warrants
Huyler's common
1st
Jan
53
200>
54
8%
Jan
Jan
6%
preferred
stock
Jan
8%
144
22%
22%
"7%
42
34%
2%
35
2%
37
Jan
Jan
convertible preferred
5%
Illinois
Zinc Co
common
Imperial Chemical Industries—
Amer dep rets registered
£1
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
*
*
5
International
a
Petroleum coupon
International Utilities
common
preferred—.
Power $7
Royalty
Iron Fireman Mfg voting trust
Investors
Italian
12
Jan
133/4
93%
94%
60
92
Jan
94%
Jan
Jan
94%
96%
1,250
93
Jan
97%
Jan
14%
1474
300
1374
Jan
14%
Jan
54%
56
200
54%
Jan
53%
Jan
23%
50
•
shs—•
Jan
23%
Jan
II'
Io%
11%
1,900
11%
11
11%
300
14%
15%
2
10%
--
Q
Jan
Jan
17
Jan
1478
Jan
200
17a
Jan
2%
900
2
1074
10%
Jan
11%
8
Jan
8 %
Jan
Jan
100
0
"1%
1.7k
174
1,600
1%
Jan
1%
1774
17%
1774
600
16%
Jan
18%
534
57k
100
47a
Jan
5%
1
7a
*
Superpower a
1234
O
1
ctfs—*
Air Chute—
Jan
Jan
11
700
15%
13
10%- Jan
'
10
*
5
*
b
Razor
International Safety
50
143/4
*
shares
International Products
1074
1374
96%
Hydro-Electric—
Registered
Interstate
97k
__
*
Machine
International Cigar
'
1374
1374
£1
& Ireland
1,050
700
•—
Indianapolis Pwr & Light 4% pfd—100
Insurance Co of North America
10
Irving
Stores
|I
I
26
•
50
:•
Illinois Power Co common
Preferred $3.50 series
Fairchild
7
11
42%
common
International Metal Industries
Falstaff
Jan
300
11
54
Hurd Lock As Mfg Co
International
Fairchlld Camera & Inst Co_
Jan
6%
•20%
Jan
92
1
Jan
27a
7
Jan
177a
~77/a 1%
10
common
Jan
37a
Jan
Jan
Jan
'
100
1
11"
563/4
Jan
200
774
Jan
3
Jan
Jan
21
45
167a
1
Inc
Corp Ltd
Eureka Pipe Line
Jan
200
11%
11%
Jan
Jan
133
.
10%
2%
1
100
Eureka
10
10
100
10%
136
133
21
Is
Equipment
common
convertible
/ 600
33.100
21%
10%
10
10%
1
53%
Jan
Jan
50
Empire District Electric 5% pfd
Empire Millwork Corp.
Esquire
11 %
125
10%
133
10
preferred
Corp
700
i
Inc
Derrick
12
52'/a
4
•
8
2d pfd a
Electromaster
11%
51%
1
common
&
Electric Power & Light
$3
63
300
58%
11%
1
beneficial infc
Easy Washing Machine b
Iquity
50
65
,
•
Electric Bond
Bmsco
65
65
3%
Jan
25/a
700
23/4
Sugar Associates—
pfd shares
5 %
2%
—
10
1,200
21
Refining.
Oil &
Humble
79%
•
series
shares
Com
$5
Iron
Corp
preferred series
Eastern
4% Jan
100
Eastern
preferred
1,300
Jan
"7
974
54
& Co common.
Baking Co
preferred.
(Harvey) Inc.
100
preferred
preferred
Eastern
$7
4%
4
Jan
300
*
4
Jan
5%
Inc.
(Geo a)
& Hardart
5%
•
9%
25
Hubbell
.
Jari
Jan
104
38%
8%
97
Holophane Co common.
Jan
Jan
Jan
874
Holly Stores Inc.
Jan
Horn
4
100
3
3%
Jan
Horn
& Fuel Assn common
95/a
Jan
Hormel
East Gas
Jan
Jan
Jan
:
100
w
1474
Jan
Jan
44%
ii100
!
preferred w w-
47/a
4% .Jan
200
•
14
Jan
13%
—
1
8.'
Jan
136%
Jan
5%
10%
1
Jan
8
103
Jan
»■
413/<
34%
974
9%
Heller Co common
Jan
8-
Jan
98 3/4
54
,11
7074
76
Jan'
Jan
50
"•
16%
974
36
Jan
9
100
574
34%
16%
16%
a
150
75
Jan
100
874
5%
*
200
175
71/4
1
11
71%
£1
Durham Hosiery class b common
Duro Test Corp common
Duval Texas Sulphur
*
5
25c
Corp
36%
76
Jan
Jan
135
180
103
7%
50
75
18%
400
~7'
"9%
Ltd—
dep rets ord reg
Co
36
75%
Jan
65
2%
71
•
Jan
Jan
8
10
42
3
~9%
36
Jan,
lah
400
136
.874
non-vot com—1
Hathaway Bakeries Inc
1
5% %
10
Dunlop Rubber Co
Jan
Jan
12
900
93/4
16%
7
2,300
99%
54
12%
*
common
Light
12%
12%
•
Power
Jan
•
Corp
Driver
3%
27k .Jan
3,800
8%
34%
*
10
25
1
1
Corp of America b
Hat
Class
23
Co
Dominion Textile Co Ltd
Draper
3%
27a
Jan
•
Coal b
&
&
"3'/a
1
12%
Jan
11
900
Jan
57%
50.
100
101
5
Paper..
Electric
Harvard Brewing
Hearn
12%
12
i
7%
41 %.
ii
■
21
1
7
300
J a iv
Jan
56
Jan
*
Hartford Rayon common
Jan
jan
H
Jan
574
%
3/4
•
9
100
pfd
Lamp Co
Bridge Co Ltd
Jan
13
6,200
18%
136
common—25c
Hamilton
2%
700
6
574
6o0
common
Bridge Co Ltd
Dominion
Amer
Jan
11%
.
91
700
983/4
413/4
Jan
11%
Jan
8
99%
Jan
10%
20 3/8
500
•
common
Dominion
Duke
7%
Jan
V.'
100
2%
21
88%
57%
17
.',8 %
25
Gypsum Lime & Alabastine
Hazeltine
Credit
Dominion
Jan
19%
"
„
_2 3/4
1
dep rets ord reg
Domestic
'
Jan;
10
:
Jan
7
Ltd
Co
Dobeckmun
35
Jan
28 %
Jan
9%
—
5,600
1
v.
Distillers
7%
Hall
10
class b
Corp
36
100
a
Detroit
Raynolds
Jan
—
•
Devoe &
Jan
100
10
10
b
common
&
Jan
7
50o
Dennison
Derby Oil Co
34
33
Dejay Stores common
8%
50
73/a
7
774
1
500
36
36
2.80
Brothers Inc
Jan
7%
100
Gulf States Utilities $4.40
Davidson
..26%
"
•
Paper
Stores
Grocery
Jan
vi7-100
7%
7
57%
5
stock
common
Northern
Jan
50%
56
1
7% 1st preferred
Great
%
v-u
7
10
-pfd—25
Gray Mfg Co
Great Atlantic ac Pacific Tea—
.
35/a
Jan
88%
%
'
Jan
—V
■
—-
Jan
50
Goodman Mfg Co
Non-voting
Davenport Hosiery Mills
-1
26%
88%
88%
_•
$4.50
19%
High
Lou
,1,300
27s
2%
2%
2%
49%
9%
~
Range Since January 1
Shares
High
Low
1
102%
50
'
'
Jan
for Week
Price'; of Prices
Class b
33
Jan
9
—''
Godchaux
2%
Jan
17%
—.
9
Exchange
Curb
(Adolf) Inc common
Jan
3%
Jan
10
18%
Gobel
Jan
1574
Jan
2%
Jan
7%
.
Jan
4,200
32
173/4
.100
Jan
3%
Sale
Par
7
Jan
15
r.i
100
2%
32
18 %
3
1,300
73/4
Jan
5%
•
York
Range
Last
y-/>-
High
6%
i.'1
450
3a/4
2%
2 %
7
3,800
153/4
3%
_io
Sugar
preferred
5%
••
6 3/4
15
33A
_25o
common
7
5 5/a
153/4
400
400
63/a
6'/4
Low
7%
7
Crosley Motors Inc
New
Range Since January 1,
High
Low
Par
Crowley Milner & Co
Crown Cent Petrol (Md)
Shares
of Prices
Salo Prloo
Exchange
Curb
York
New
stocks—
Sale®
Week's
Friday
Sales
for Week
Range
Jan
Jan
Jan
Jan
Jan
Ford Motor Co Ltd—
Amer
dep rets ord
Ford Motor
Class
a
Class
b
5%
5%
57k
1,200
47k
Jan
,574
Jan
18%
17%
18%
2,200
1674
Jan
18%
jan
~,|
—
18%
Jan
> 18%
Jan
JEl
reg
—
Ford Motor of France—
Amer
V
—
Jan
2
Jan
8
Jan
8%
Jan
1%
2,400
8%
8'%
100
14%
17%
400
14%
Jan
7%
100
7%
Jan
150
27%
1%
'
Fort Pitt Brewing Co
Fox (Peter) Brewing
Franklin Simon
4%%
1.23
f
Co__
A)
28 3/4
50
Stores,.
(Geo
17%
& Co Inc.
preferred
conv
Fuller
A
.
g
29
8%
700
113/4
200
8
8
11%
—
19
7%
Jan
29
Jan
Glass
Jim
Cu
1
1
Lake Sulphur Co—:
Stores
Brown
Preference
common-—
Corp
common
Jan
Gatineau Power Co
5%
conv
General
preferred.
Electric
Amer dep
Co
—1
~9%
86
87k
r..'
_1
-23
Electric 7%
pfd
*
10%
Jan
86
Jan
25
Jan
86
3,000
8%
100
2%
Jan
4%
1,100
Jan
25
Jan
,v-4
Jan
Jan
25
Jan
2374
50
-
Jan
4%
.
!9%
274
Jan
2'/a
4
25
10
97k
2%
4%
rets ord reg
Jan
-21
preferred series a
General
Fireproofing
General
Outdoor Adv 6%
—1
.10
.~67a
x674
x6%
33%
~674
Jan
(Walter).& Co
Kimberly-Clark Corp—
4% %
preferred
Kings County Lighting 7% pfd
5% preferred d
King Seeley Corp
-Kingston Products
Kirby Petroleum
Kirkland Lake g m Co Ltd
Kldde
Klein
7%
Jan
Kleinert
Jan
35%
Jan
Knott Corp
Jan
.
93/4
Jan
Jan
6
Jan
4%
Jan
574
Jan
47k
300
4%
Jan
5
Jan
4%
25
-r. (I
:!
2574
Jan
1
*
10
1
(i b) Rubber Co
common,;
100%
Jan
Phoenix
Corp
1
5%
5%
574
700
5%
Jan
574
Jan
Krueger Brewing Co
Plywood Corp
1
16%
16%
1674
600
16%
Jan
18%
Jun
Jan
99%
*■"•—•_.
"14
Jan
Jan
—
1574
Jan
100
15%
Jan
874
9
350
874
Jan
9%
Jan
9%
9%
300
9
Jan
9%
Jan
101
Jan
15'%
~9
15%
49
37%
133/4
39
■14
400
16%
1ft
4,100
13%
13%
lft
.
Jan
Jan
Jan
Jan
Jan
17%
Jan
1 ft
Jan
1ft
Jan
1374
Jan
4,800
1%
•
53
-40
2,700
•14%
16%
'
Jan
Jan
Jan
1374
;■
37%
4,
14%
40
4%
4
13%:
•Af '
103
49
>
10
49
39
.
•
; r
'
14%
-
13%
-500
Jan
4 %
Jan
'
-
■
Jan;-
14
Jan
14%
Jan
23%
Jan
23%
Jan
7%
Jan
•8%
Jan
16%
Jan
17%
Jan
200
15%
Jan
16
Jan
10 34
—•
'•
,
Jan
99
15%
Jan
Jan
67,700
.*.'•'
1
1
Kobacker Stores
General
General
14%
11
14
11
13%
•
100
b—100
100
1
1
1
(d Emil) Co common
Jan
Jan
98
500
8
774
32%
900
33
—
33%
common-
5
—*
5
Kennedy's Inc
Ltd—
General Finance Corp common.
5%
86
.100
Mfg Co common
General Alloys Co
General Builders Supply Corp
Jan
5%
1,000
K
1
100
Kaiser-Frazer Corp
;
common
preferred
Gellman
5%
>
9%
1,900
7%
600
474
Jan
12%
Key Co common
10%
3,000
5 3/4
4%
Jan
9%
Jan
'
10%
10%
8%
5%
'4%
*
Julian & Kokenge Co
Kawneer Co
Garrett
7-%
574
•
*
_
Kansas Gas &
G
774
1
common
Jan
Jan
8
1074
Jeannette
Jefferson
17k
17a
7%
dep rets bearer
Franklin
J
of Canada-
non-voting
voting
pfd
General
Public
General
Shareholdings Corp
preferred
$6
Service
$6
preferred—*
com
convertible
Georgia Power $6 preferred
$5 preferred
Giant Yellowknlfe Gold
Gilbert
Mines
(ac) common
Glen
3
94
;;
;3
115
•
l
■
—
3'/a
•
•
20
——
'
1,300
3
20
374
115
114
75
*3%
96%
--
4%
—
Jan
117
Jan
~4%
Jan ;
_5
Jan
Jan
18%
Jan
Lane Wells Co
12
900.
Jan
12
Jan
-
~2.50
•
Glenmore Distilleries class b.
Inc
For footnotes see
1
—8
page
33.
common
Langerdorf United Bakeries
—.
Lanston
2274
2 2 3/4
600
22%
Jan
2574
Jan
21 %
20%
2174
3,100
187i
Jan
2174
Jan
Lefcourt
17%
16%
187k
3,700
16%
Jan
21%
Jan
Leonard
14
14
Jan
14%
Jan
Le
14
200
•
14
Realty common
Oil Development
Trmmenu
10%
-1
5
21
'R
Trie
.
5
5
1
25
J
1
-
Jan
Jan
i 9%
103/4
3,500
9%
7%
8%
5,900
6%
Jan
8%
Jan
7%
77/a
100
774
Jan
8%
Jan
400
20%
Jan
8
1
class a—•
16
•-
20%
21
23
Jan
Jan
27%
Jan
28
23
Jan
24
Jan
20
Jan
21
Jan
1
*
223/4
•I*-—.
'
;
—
1
Class b
Monotype Machine
La Salle Ext Jniversity
'
15%
5
Laclede-Chrlsty Clay Products
Lake Shore Mines Ltd
16
1
^
--
.
—
Corp
4-
Lakey Foundry As Machine
Lamson Corp of Delaware
•
Coal
i-vy.;:-
Jan
1
II
.
Jan
Jan
"
"4
Jan
Jan
93
95
.
Harvester
Globe-Union
—
98
•
Co
Alden
98
__
•
Gladding McBean & Co
Gleaner
1
•
Preferred
Gilchrist
100
20%
20%
20%
200
6%
Jan
6%
10'.
10
10
Jan ;
200
9%
Jan
Jan
1%
Jan
Jan
19%
Jan
1%
1%
1%
4,800
1%
18%
173/4
18 3/8
900
17%
<
10
Jan
/
THE COMMERCIAL- & FINANCIAL CHRONICLE
Volume 167 Number 4669-
YORK
NEW
;
■
.
-Jr v
V
Friday
Lastw.-;
STOCKS—
Week's
...
gales
'v
7
1".:'
'
..
fsr Week
Range
",v^
New York Curb Exchange
>*
'\^.;V't^S'v.^v:(■'Par
••:* *
Line
Material Co_
Lionel
preferred
19
Loblaw Groceterias
Class B
;.
•
class
n
»
18%
Jan
21%
v.
Jan
30
Star
Gas
8%
2314
Long Island Lighting Co—
Common
ctfs of
Ohio
class B
Co
Brass
Power 4%%
1
23
Oklahoma
Jan
26%
Jan
6,200
%
; 8
100
Jan
Oliver
Jan
20%
Jan
Natural
%
Power &
Exploration
Light $6 pfd
%
8,800
%
1
Jan
58%
125
55%
Jah
60
275
50
Jan
55%
Public
Service
17
Jan
111
Jan
112
18
Jan
Co
(The B)
18
17%
4,900
200
16%
Marconi
International
Communication
Marion
Power
Massey
Harris
McAleer
5%
Mfg
McCord
Corp
$2.50
Mead
&
Mfg
Co
1674
24%
20
12%
Jan
24%
Jan
26%
Jan
38 %
Jan
39%
Jan
11%
Jan
11%
Jan
24 %
Jan
5%
Jan
6
Jan
1%
Jan
4
3%
-
43
43
75
110 Vs
2,200
3%
Jan
4%
3%
Jan
3%
20
.
Jan
43
7%
1,000
2,500
8
Jan
8%
Jan
2%
Jan
9%
500
9
Jan
9%
Jan
9
800
8%
Jan
9
Jan
9%
9%
2
8%
1
-
20%
21
400
6%
7
,3,700
-674
.
'
'
Jan
6
23%
7%
14%
—5
Ex-distribution
14%
8%
8%
9
Jan
8,800
<
1474
8%
Jan
Midland Oil Corp ex conv pid
Midland Steel Products—
9
$2 non-cum dividend shares
Mid-West Abrasive
4%
*
50c
50
25%
Jan
26 Vs
22
50
21 %
Jan
22%
4%
7,200
3%
Jan
1,500
18 %
Jan
~2%
2,200
Vi " 7 %
700
~2%
-2%
2%
Wohl Co common,.,,.
4%%
convertible
7%
50c
preferred
7
Jan
30%
50
Mining Corp of Canada
Missouri
P
&
L
•
5%
pfd
Public Service
Molybdenum Corp
Monogram Pictures
Monroe
Loan
Montana
Moody
Plan
274
600
11%
700
170%;
140
170
•
*
America,,
5c
Mountain
States
Power
.*
Mountain
States
Tel
Tel
&
Murray Ohio Mfg Co
Muskegon Piston Ring
MuikOge* CO
common
13
13%
28%
500
100% 100%
100%
30
26%
-12
26 %
13%
Jan
36%
4%
14
Jan
28%
Jan
100%
Namm'a, Inc
Jan
26 %
1
common
•
Bellas
Hess
common..
"■3V4
37V
—1
7ft
preferred
*
Z25
...
11% v
Hi
National Mfg & Stores common... -^-1
National Pressure Cooker common- —2
National Radiator Co
Rubber
National
Steel
National
Transit
...
Machinery
12%
Car
13%
400
36%
-.3674
9
\
.
37%
9%
11%
~4 Vs
11%
10%
1
*
/
,
•
•
11%
Jad
Jan
"4%
400
_
;
National Union Radio
(Herman)
2%
2%
2%
10%
-30c
Neptune Meter
Corp
5
1034
9
common
14%
Nestle Le Mur Co class A_
New
•
England Tel <fc Tel
Haven
New
4%%
New
Clock
&
_
Watch
Co
—
convertible preferred
Park
New
&
__20
10%
Arizona Land
Co
__
&
Alexander
Corp
Metals of
■«
•.
4%
4%%
Y Auction Co common
Y
Honduras Rosario
N Y Merchandise
6
Jan
10 %
Jan
9%
Jan
Jan
28 Va
Jan
~2%
Jan
3,000
9
9
100
8%
8%
■
Jan
9
600
8%
Jan
24%
24%
25%
24
1,700
12%
12%
12%
1,000
370
10%
4,100
8%
Jan
4%
47/a
1,000
4%
Jan
14%
Jan
14%
2,000
3%
Jan
4Vs
Jan
1,200
12%
Jan
13%
Jan
11%
Jan
11%
Jan
87
Jan
89
Jan
3874
Jan
40
:> Jan
.~3%
13
13 Vs
4
1374
89
89
89
10
39
38%
39
300
•
•
B
10
*■
Jan
5
/
Jan
8%
300
10%
Jan
11%
Jan
1%
Jan
2Vs
Jan
7
100
1%
:
Jan
Jan
10
Jan
10
'
"9%
~97V,
700
9%
Jan
96
97
125
94%
Jan
95
97%
200
90
Jan
97 74
38%
39
300
38%
Jan
43
13
14
300
12%
Jan
14
8
8
200
86
87
300
145% 146
50
—
Jan
3,800
7%
10%
1%
.V;
■
7%
10%
-ft.
"1%
97
14
86%
Quaker Oats common
6%
preferred,.
•
8
9%
97 "
'
Jan
■
Jan
Jan
Jan
Jan
8%
Jan
Quebec
146
86
Co
Power
Jan
14574
Jan
1374
Jan
Jan
90%
Jan
Jan
151
13%
Jan
R
Radio-Keith-Orpheum option warrante.
Jan
Railway &
1%
1%
15%
15%
Voting common
Railway & Utility Investment A__
^■',".v'■,
Jan
10
10
-•
32%
•
5
"7%
20%
Packing Co
,
5%
Jan
Raytheon Manufacturing
common
(Robert)
Reis
——*
5
*
24
11%
Jan
Rio Grande
'•V
'■
•„
■'
■
v
4%
■*--wV
Engineering
—
14%
Amer
Jan
Jan
Rome
92
Jan
Roosevelt Field
Jan
6
Jan
Root
Corp
Petroleum
Jan
Jan
Russeks Fifth Ave
15
15%
300
(The)
Ccrp common
10%
Jan
i
Jan
29
•
Jan
Ryerson &
—
—
900
5
Jan
5%
Jan
200
2%
Jan
3%
Jan
575
2%
22%
Jan
24 %
25
Jan
27%
Jan
Jan
4%
Jan
2774
1,000
1..400
l7/s
;
3%
Jan
Jan
2%
Jan
20
87
Jan
92%
Jan
100
2
45
Jan
48
Jan
1%
3,800
48
—
10%
200
10 Vs
Jan
10%
Jan
4%
4%
500
4%
Jan
5%
Jan
2574
200
24%
Jan
25'A
19
19
100
17
Jan
20
*
1
•
1
Co
Petroleum
Haynes common
•Vo/*'/ /;
:•
90%
48
—
10%
19
8%
~~
10
8%
Jan
14'A
Jan
Jan
Jan
10
Jan
200
3%
Jan
5
Jan
Jan
11%
Jan
5%
10,000
1,000
9 Vs
5%
Jan
6%
Jan
11%
11,600
300
10
4%
4%
10%
10%
11%
5%
5%
4 Vi
Jan
10
1,700
Jan
Jan
7%
14%
8
8%
1.25
common
Ryan Aeronautical
Ryan Consolidated
77 Vv: Jan
;
574
24
90%
■
Jan
Jan
25%
10
1
Royalite Oil Co Ltd
1%
Jan
'
Jan
21%
1
Co
8%
Jan
10
?8%
Jan
5
;
Rowe
28
Jan
19% Jan
3% :;/ 4%
2
£l
5
common
Inc
Rotary Electric Steel Co
100
7%
500
25
100
pfd F
dep rets for ord reg
Cable
5
Jan
Jan
100
5,000
2%
4%
*
Jan
10%
7%
20%
.Jan
*
Ltd—
12%
28
34
22%
27%
1
(Texas Corp) v t c
.
64%
10%
31
Jan
Jan
Jan
28
-Jan
,31
Valley Gas Co—
Jan
Jan
Jan
30s
31%
774
,
1
Jan
75%
1%
Jan
325
400
5
&
Richmond Radiator
>
Jan
19%
"2%
Jan<
1%
Jan
17 Vs
-
32%
1
10
6%
2%
Jan
33%
30
.
Co—
&
38%
1,500
Jan
15%
1 %
31
1
Shoe Co—
Regal
12% Jan
Rice Stix Dry Goods
2,100
1%
150
15%
1
common
Jan
'V«*.
2,600
2
Light Securities—
Reliance Electric
1%
—
Jan
5%
4%
100
prior preferred
Puget Sound Pulp <fc Timber
Pyle-National Co common
Pyrene Manufacturing
Jan
7%
10
Jan
5 Vs
5 Vs
Power «Sc
15%
1%
—10
11
*
$5
Jan
7%
7%
__
•;
~5 Va
1
preferred
Light—
cumulative
Puget Sound
11
1,100,
Jan
Colorado—
59 %
300
60%
10
9%
*
of
14
Jan
14
84
11%
1,300
59%
Gas
Service
Public
Rolls Royce
59%
11
10%
1
Jan
11
Jan
10 Vs
2.50
America
Jan
11
Jan
57%
*
100
1st preferred
3%
-..
5%
Jan
60%
2.50
common
10%
,
Jan
Jan
53%
*
of Canada
Jan
150
54%
4%
1,300
53%
60%
1
common
Jan
100
Jan
100
55
5
——25c
8%
200
52
5
53%
52%
55
10
Mining Co
2%
4 7a
Jan
5
common
400
14 Va
89
5%
Jan
Scale
3,400
_
1
1
N
Y
87%
Jan
Jan
Rochester Gas & Elec 4%
*
common
N
&
4%
88%
5
200
■
50
—i
Jan
Jan
60%
Mining Co
New Process
•
:
.
Shipbuilding Corp—
''
Founders shares
Niagara Hudson
1
Power
15%
:_1
100
95 %
2d preferred
Class B optional warrants
100
7%
774
preferred
5%
1st
common
5%
.
1
Jersey Zinc_.
New Mexico
N
100
,»<£.
200
"■
10%
Jan
•
.
1,600
"r
Jan
Jan
Jan
1
—
105
103
Jan
Roeser & Pendleton Inc
Nelson
2%
61%
Jan
'
1
_
Jan
Jan
Jan
36
200
•
Ltd
common
Jan
2 Va
Jan
^
13% ■Jan' -i/
300
5
500
59
Reed Roller Bit Co
,
Jan
520
6Vs
Jan
2
50
Erie RR
3%
6
'
*
Jan
13
,v
.300
'
-
6 Vs
Jan
12%
Bess & Lake
33%
Jan
Jan
4
2,200
13%
:
103
103
Jan
2%
Raymond Concrete Pile common
$3 convertible preferred
15%
'
13%
2%
103%
2 Vs
2%
6
13Va
Providence
-v;,
13%.
Jan
6,100
Jan
*
Jan
33%
11%
■
_4
;
6,400
•
:
i
National Fuel Gas
National Malllnson Fabrics
National
34%^
35
24
100
6 Va
5%
.
Jan
Corp of Nevada—
Prosperity Co class B
13% Jan
•
5%
'
National
Jan
23%
6
Jan
;
Jan
11%
15
National Breweries, common
23%
23%
6
Rath
-10
...
Jan
Jan
'
Nachman Corp
,45
Jan
:, i
N
-
Jan
Amer shares
'J
s
43
2%
Pressed
Jan
Jan
12% JaiK
■
Ltd
Prentice-Hall Inc common
Jan
A
257/a
500
Jan
200
43%
Jan
Jan
99
400
12
99
Jan
26%
100
12%
11%
•
2.50
21%
Jan
Jan
173
3'/a
3,000
Jan
43
50c
common
Pratt & Lambert Co—
Jan
11%
Jan
; iV Jan
Jan
13
30O
26%
eommnn
2%
Jan
Jan
19%
500
1,600
6%
Jan
2%
Jan
20%
23/b
Power
Jan
11%
4,300
13%
100
common
4
% A
%
lo
7%
3%
19%
2'/«
Powdrell
Jan
Jan
Jan
35%
374
374
-
26%
Jan
3
170
—!
10c
Mountain CIty Copper common.;
Mountain Producers
i
:
Jan
2%
Jan
7%
1,000
2,400
2%
.11%
5
partic pfd,
Corp of
7%
3%
11%
1
:
A
& Rubber
Johnson
Polaris
Oari
104
27
1
Jan
6%
5%r Jaqh ,
{ Jan? !
25%
7%
3
7%
314
-
„1
Utilities
Investors
Morris
2,700
Jan
Jan
Jan
".Jan*
101
-1
—
.
Society A
Dakota
6%
*
common
common
Montgomery Ward
574
6
100
Jan
12%
2%
77
Minnesota
Jan
12%
Jan
1,100
Jan
33%
Jan
26 %
Jan
12%
~2%
'
Miller
Jan
10%
90
19%
2.50
Corp
Producers
~2%
Jan
7
% ■
25%
75
~2%
Jan
19
150
12%
*2%
Jan
474
18%
11
12%
*
Pittsburgh & Lake Erie
Jan
374
Jan
1
Jan
18%
-4
10
.
Midwest Piping & Supply common,,,,*
Mid-West Refineries
...i_l
25%
10%
12%
1
20
•
Jan
22
•
-
13%
25%
25%
*
common
Jan
Jan
15
25
26%
10%
2.50
Pittsburgh Metallurgical common
Pleasant Valley Wine Co
Jan
11
100
pfd
Pltney-Bowes Inc
Jan
15'/B
96
12,800
2674
26%
*
Pittsburgh
Jan
24,900
1474
Light 474%
Co
Circle
Pneumatic
-_5
Jan
Jan
Jan
Piper Aircraft Corp common—,
f
.
275
96
Pioneer Gold Mines Ltd
Jan
Jan
2074
-
104 Va
91
15
94
5%
Pierce Governor common
Jan
1%
8%
174
Jan
Phillips Packing Co
Jan
8/>:
__
102 %
103% 103%
•
Water & Power Co
Pinchin
Jan
100
190
Philadelphia Co common
Jan
44
6%
6%
&
Pharis Tire
Jan
43
Traffic
Perfect
Jan
600
Jan
1
(The)
Pepperell Mfg Co
Jan
3%
6%
Middle States Petroleum class A v t c__l
Class B vtc
.1
Co
Jan
110
Jan
Jan
31 Vs
•
Pep Boys
Jan
4%
3%
3%
1
Middle West Corp—
Distribution on -...J".
110
6%
Power
Penn
22%' Jan
Jan
6%
—
110
Penn
Jan
25 74
7%
35%
Jan
25
A common
Penn
Jan
1
class
Elec
Gas &
Penn
Jan
900
Jan
Jan
30%
•
24 Vs
700
7%
33%
100
1
Pennroad Corp common
Penn-Dixie Cement warrants
3,400
200
1,200
30%
5
Co
Jan
'
7%
35y8
30%
1
;
Jan
:
7%
X34 %
Parkersburg Rig & Reel
Jan
22
1
Micromatic Hone Corp
Jan
30%
Patchogue Plymouth Mills
Jan
15
Jan
5
300
1%
^—10 /;
Oil
10%
Jan
Pen
Corp
5
6
1%
25c
Preferred
Motors
~2
24%
5%
1%
__15
Jan
10
•
Jan
1174
574
100
Corp
17%
Jan
400
•
"l%
*
Co__'
Jan
Jan
9
1,900
9%
17%
16%
34%
preferred
1st
$1.30
1,800
1
»
17%
Jan
15
50
9%
Page-Hersey Tubes common—
*
Pantepec Oil of Venezuela Amer shrs__
6,100
26
U%
1174
L.
16%
16%
B
Peninsular Telephone common
$1 cumulative preferred
—
1
Participating preferred
Midwest
Jan
9%
14
■
Michigan Bumper Corp,..;—-—-1
Michigan Steel Tube
2.50
Michigan Sugar Co
*
Midvale Co
16%
17%
Pacific PubUc Service
Jan
Jan
300
174
5
common
Co
Textile
1%
1%
*
Warrants
6%% A preferred
Metal
Jan
.1,100
*
Merritt Chapman & Scott
Messabi Iron
16
—
1
Dredging
Johnson
10
14%
14
*
Memphis Natural Gas
Menasco
9%
10
1
preferred
McWilliams
800
10
common
Jan
9
25
Lighting $5 preferred
pfd
Paramount
*
common
34%
Jan
25
•
100
1st pfd
Pacific Power & Light 5%
Jan
12%
10
preferred
Co
1674
6%
Jan
£1
1
Jan
7
*
1
1st preferred
Parker
Co common
Oil
16%
6%
Marine
common
convertible
McClanahan
100
♦
Shovel
Securities
Pacific Can Co common
*
Ltd
Co
6%
1
Mapes Consolidated Mfg Co
33
107%
Jan
18%
•
Pacific
%
6
!
__
10
1
Co
Jan
Jan
1,600
3,100
7%
■
•
Pacific Gas & Elec 6%
5
7
Jan
Jan
17
17%
18
1
common
Manischewitz
7%
Jan
Jan
M
Mangel Stores
Jan
Jan
52%
5%%
Maine
Jan
109%
30
32% x33
32%
1
1
Overseas
50%
2
Macklntosh-Hcmphill Co
Jan
36%
Jan
33
375
1%
Jan
1%
700
1%
107% 107%
15
i
Filters B
United
Jan
8 Vs
55II
*
Lynch Corp
High
Low
35
33
100
Gaa
Omar Inc
52
B ctfs of dep
&
8
19%
58%
dep
preferred
Land
20%
8%
:
preferred A ctfs of dep
Louisiana
34%
O'okiep Copper Co Ltd Amer shares
7%
Range Since January 1
High
1%
1%
•
common
preferred
?
H 00
.
6%
Louisiana
20
20%
common,——10
Longines-Wittnauer Watch Co—
Low
BOo
Ogden Corp common
Jan
Ohio
1
^
23
5
Corp
Share*
Ptr
Old Poindexter Distillery
Lone
(trWwk
Jan
Jan
Baaga
af Price*
---
_•
.,
Exchange
Jan
•j-"X,-:.,
-'.•200
Curb
Jan
A 7:27,
"8i4 ~8%
"■
York
>,,,
Jan
d,000
20
w
-.1714
A—*
Chain
Steel
400
Last
gala Prioa
STOCKS—
New
Sale*
W«ek'a
Friday
.j
:r%Mtgh
<«ou
17%
25
Lit Brothers common-,
Locke
20
EXCHANGE
ghaxio;- >^^Ha»nge Since Januairr
High
1714
10
Lipton: (Thos J > Inc 6%
Low
v.-
17%=\
V-
5
Corp
of Prices
8%
11,300
.95%
375
95
Jan
107
—
107%
140
xl05%
Jan
%
%
17%
Jan
15
95
%
7%
Jan
%
Jan
117
Jan
Jan
1,400
7/s
*
,J, c1
(f
,7
com
*
Nineteen Hundred Corp B
Niplssing
Noma
5
Mines
B
2,800
1
Rayon class A
•
•
common
North American Utility Securities
lO'/e
1074
2,800
1A
Northern
17
1
1-ft
16%
17
1,000
1,800
Jan
Rights
Nortn
Texas
Oil
Airlines
w
Penn
RR
Lawrence
Salt Dome Oil Co
United
Aircraft
Inc
WnvarlH-Aeene Corn
For footnotes
see
25
1
..
page
33,
•
Inc
Corp
(Del)
common
_
Jan
Bcovill
1
Jan
Bcullin
Steel
Jan
7'A
192 Vs
Jan
Jan
Jan
39%
Ui
Jan
43
Jan
Jan
43
2%
ft
al2
Vs
3,000
92
10
37%
38
700
22%
Jan
19 Vs
Jan
27/8
Jan
3%
Jan
874
2174
874
22%
1,200
500
'.
*
Jan
4
Jan
92
Jan
103
Jan
•42%
3774
7%
21
34
2,400
31
Jan
37%
Jan
10%
11
2,000
10
Jan
12'A
Jan
2%
Jan
2%
Jan
"2%
~2%
2%
Jan
3%
Jan
3%
Jan
4%
Jan
2%
Jan
3%
Jan
8%
874
1
25c
400
1
30%
2,100
1,300
30%
Jan
33
Jan
12%
200
11%
Jan
12%
Jan
2%
2%
200
2%
Jan
2%
17%
18%
500
17%
Jan
18%
Jan
2%
Jan
2%
Jan
rr*
Jan
2%
2%
30%
1*
Jan
Jan
■
8%
30%
11%
22%
3
__
__
1
«
Selected
Allotment
Jan
Bemler
Jan
Sentinel
_
Industries
Convertible
2%
3,500
2%
23
B)
Radio
stock-
_
1
"2%
2 Va
~2%
16%
15%
16%
78
common
1
1
1
79
79%
25
cq
79%
2 Vs
2,700
300
150
Jan
2%
Jan
15%
*
Jan
18
Jan
78
2,200
i
Jan
82
Jan
79%
Jan
80%
Jan
4%
1
Inc
Corp
Jan
Jan
_
common
certificates
Safety Control
Serrick Corp class B
Sentry
2%
5
Inc
stock—
prior
(R
1
_
17%
•
Selby Shoe Co
$5.50
Jan
•
common
Segal Lock & Hardware
Jan
Jan
Co
Securities Corp General
Beeman Bros Inc
Jan
Vs
32
90
100
-
8%
2%
Jan
30,500
92
38
Jan
15%
3%
13%
31
10%
Jan
Jan
'
.
Manufacturing—
17%
Jan
1
7
200
_
_
_
Sayre <& Fisher Brick Co
Schulte (D A) Inc common
40
274
pfd_100
.
Oil
Jan
190
50
Northern Indiana Pub Serv 5%
Northern States Power class A
Northrop
Savoy
Jan
Jan
34
11
*
50
Jan
16%
.■
Class A $2 conv pref
13
100
3074
'* ''*
Corp Ltd
11%
2,175
3
.
Co
'4 1
1 .:.c
St
Jan
5,100
\ 40
39%
__
1
U
Jan,
,
Jan
7%
7.
40
5
Central
9
V
10%
190% 10174
7
191
■"%_
•
Northeast
'.
V-
12%
.10%
_5
Electric
Class
9
1
North Amer Light <fe Power common__l
$6
preferred
•
North American
8%
__
^
Jan
102
Jan
8%
8%
.
Jan
Samson
Niagara Share Corp class B
Nlles-Bement-Pond
31
ENDING JANUARY 30
v..
^
'
gale Prie#
CURB
EANGE FOR WEEK
(571)
2%
4%
600
4%
Jan
5%
Jan
2
2%
400
2
Jan
2%
Jan
1
1%
1,300
1
Jan
1%
Jan
Jan
11%
Jan
10%
11
300
10%
*
32
COMMERCIAL
THE
(572)
V
Week's
Friday
Exchange
Curb
York
New
'"
Low
Leather
Seton
Bhattuck Denn Mining
.
1
of
200
1,200
17%
17%
14 V2
15
Jan
17%
Jan
Waco
Jan
16%
Jan
Wagner Baking
Jan
73
Jan
100
104
Jan
105
Jan
Waitt
Jan
Jan
Waltham
Bilex Co
17%
•
common
Bimmons-Boardman
(Howard)
*
1
900
243
250
~7
240
7%
7 %
7%
248
T_100
243
11%
Jan
Jan
7%
Jan
Jan
Jan
4
Whitman
9%
10%
4,500
9%
Jan
11%
Jan
3%
300
3%
Jan
3%
Jan
Wichita
3%
3%
1,400
3%
Jan
4%
Jan
Wickes
8%
8%
8%
300
8 %
Jan
9%
Jan
Williams
4 %
4%
4%
400
4
Jan
4%
Jan
Willson
33 'A
Jan
36%
Jan
Wilson
30
Jan
30%
Jan
1
1
50
12.50
36%
common
Southwest Pa Pipe Line
34
'
30
30
.10
10
700
36%
10
Inc
(Wmj
River
4.32%
Co
&
28%
28%
:
24
iR
C)
Co
&
Products
Brothers
Jan
4%
Jan
500
4%
Jan
4%
preferred
w
200
5%
Jan
6%
1%
900
1 %
Jan
1%
3
11%
22
Jan
23%
Jan
3 Va
19
Jan
19%
Jan
11
'
Co
Standard-Thomson
___
600
26%
1%
9%
2,500
Jan
1%
Jan
10
105%
Jan
200
1%
26%
5,800
27%
1%
Corp
_
.
_
_
7%
Jan
4%
1%
•
& Co common
(A)
—
_
8%
%
Jan
5%
3%
5%
Jan
61%
23%
Jan
25
Jan
19%
B.i
Co
common.
Corp
Stop & Shop
Stroock
(Si
.
1
8%
8%
200
8%
Jan
8%
1%
1%
2,700
1%
Jan
2%
5%
7%
9,600
5% Jan
7%
Jan
Inc
&
Co
Oil
500
14%
1%
300
1%
Jan
1%
15%
15%
Jan
15%
19
19
19
Jan
20%
Jan
28%
29%
Jan
30%
Corp.
...
_
29%
100
16
175
3%
3%
15
v:- :.v
10%
•
I...
common
Power'&
Texon Oil & Land Co
5
Co
Thqr Corporation
Tilo
3%
Roofing
300
12%
30%
/
Jan
11%
1,400
Jan
Jan
10%
Tivoll
31%
12%
>-
124
118% Jam
60
Allied
12
Jan
13%
Jan
47 Va
19
100
19
Jan
13
13%
700
13
Jan
14%
300
14
Jan,
6%
:
dep rets ord
regis
Amer
feg—_!
dep rets def
Shipyards Corp
Todd
Toledo
Edison
i!
200
6 %
GVs
-
Jan
21
-
Tri-Continental
Trunz
80c
85%
14%
14%
25
14
Jan
18%
21
2,300
18
Jan
21
95
95
10
95
Jan
13%
14
500
13%
Jan
14
15
16%
700
15
Jan
15%
21
ioy4
5%
Jan
Jan
100%
Jan
Jan
19%
Jan
9%
Jan
9%
Jan
^
Jan
"2%
Jan
j-d
Week's Rang*
or
j-j
Low
98%
102%
96%
76
95%
98 %
"5
100
88%
85%
86%
39
85%
1954
M-S
89
87
89%
58
87
93 %
Jan 1966
M-S
304
104%
redeemed).
1958
97
Lt
3s
&
•IT*
2%
2,800
/ 1%
Jan
2%
mtge
ref
ref
mtge 2%s ser
2%s series R
-j.
-
:
:
V
Jan
9
Western
N
79%
1
79
14
102
Nov
1
12
98%
98%.
A-O
*97
107%
A0%s
.1965
115
Mfg
Jan
A 7s
.1956
Mtge
98 Va
109
115
115
60'%
4
55%
36
37
6
29%
37
101
8
97%
101
M-S
3
100%
*110
61%
/
120
*28%
1953
-
*12
Bank—
M-S
1948
1950
A
*58
1958
Power Sec—*
104%
—
21
2
102%
103%
mi*,''
102%
102%
F-A
*102
•
■
—
103%
23%
:1952
J-J
104
23%
25%
10
23
25%
10
24%
26
'
;
24%.
24 V2
.
27
'•':
:
-
.
24%
24%
10
24%
26
23»/4
24'/2
5
23%
99
98%
99»/2
36
96%
.25%
99%
J-J /
1957
1952
Debenture 6s
1
103
103%
J-J
53
53
21
53
v 1
26
.1952
(July 1941 coupon)
24V4
*23%
1957
>■'
23%
25%
24%
25'%
59
103 A
"
—
■
25%
F-A
59
■
*103 % 104
J-D
1957
Interstate Power 5s
103
59
103
*100
1955
1955
(Aug 1941 coupon)
103
—
59
:
1941 coup)
61
100%
103
*
A-O
..
100 Ti
*103
A-O
Jan
60
—
100
J-J
Jan 1949.
68
*70
J-D
J-J
> J-D
1963
6s
series F-
A 7s
99
97%
Co—
series E
A is
■
98%
106%
100
101
1940 coupon—1953
B
1
'
20
115
60
J-J
1961
(Dec
1
97%
107% 107%
Af-N
May
1993
...1993
standard
A 7s
79%
103
RR—
4s ser B
Fuel 3%s
Residential
81%
Division—
J
1947 coupon..
Jan
Jan
7
98%
1954
&
of
Elec
106
78%
City) —
mtge 4s ser A
Marelli
104%
105%
102% 103
A-O
Af-N
4%s
&
J-J
-1931
(Bait
103%
13
80%
79%
■'
103
1962
Gas
mtge
J-D
1976
Q
A6%s series C
——
.-v.
10%
200
1969
P
ser
28
338
79%
—
92%
—
1
Jan
••
(Bait)
Pwr
ref
Lack
80%
.——
-
El
1949
Indiana Service 1st lien & ref 5s__1963
Jan
*
tl04% 104%
'
103% 104%
Jan
v;
-
105% 106
Hygrade Food 6s ser A
Jan
1%
6%
7%
w
International
Jan
170
106
ex
99%
103%
j-j
■*.!,
104 %
Gas
98
103 %
f109% 111
Indianapolis Power St Lt 3%s—1970 mM-N
Jan
-
J-D
104 7 '8
100
Corp—
5s
mtge
High
28
95 Va
1103% 104 %
Jan
Jan
92
Low
98
j.j
Jan
95
January 1
No.
1948
Electric
5s
Gas
Range Since
Sold
High
103% 104 %
96
Af-N
Bonds
Friday's
Bid & Asked
104%
1%
Jan
1%
-a*-'
8,800
Last
Jan
5
%
2,4
Sale Price
7%-
Jan
1,200
—
2%
A-O
5s
Jan
3,900 "
x7
!
2 fs
110%
Jan
50
1%
7 %
Jan
Jan
.300
168
6'A
>
5%
—
5%
5%
99
AGeneral Rayon Co 8s ser
1%
1
1
Jan
5%
109%
Grand.Trunk Western Ry. 4s
Green Mountain Power 3%s
5%
»
preferred
Jan
11%
168
Jan
2%
Works
11%
Jan
1964
A6%s
Jan
1%
—
Lamp
Jan
11
19
Jan
5%
•
convertible
Jan
11%
99%
15%
•
Jan
90
175
91
S3 %
95 %
warrants
Inc
Tung-Sol
1%
200
360
90
1
Jan
7%
A7-Q
Finland
'
'
"lOO
pfd—
Tonopah Mining of Nevada
Trans Lux Corp
Jan
20%
Jan
99
14%
■
Jan
6%
J
-
1%
1%
*
4V* %
—
•
16%
Jan
6%
J-J
6s series
)■:
'
■
Jan
19%
200
1955
A
A6%s with Nov
Jan
'
'
14
100
67/s
:::Y-
Jan
44
50
■
800
19%
6%
1969
Delaware
Tobacco Security Trust Co Ltd—
Amer
16%
19%
99
Ercole
100
-
16
19%
1970
Elmira Water Lt & RR 5s
500
--
16%
1953
Jan
12
r
3%s
Jan
47%
♦
Stocks
Jan
Q-F
Guantanamo & Western
Sr.
Jan
18%
Period
redeemed)
Consolidated
Jan
14%
...
Tobacco
25%
Jan
Jan
13%
.
Jan
16%
1977
Gen
47
common
Inc
24
J-D
1st
Jan
12
Realty St Construction.. —1
1
Brewing Co.
100
*
2%S conv debs
Jan
47
Tishman
25%
1998
1st
Jan
19
common
24
Interest
5%s
1st
"
Shovel
35%
1970
Registered
Jan
14%
Jan
10%
700
118 % 121
-<V;
2
Thew
31%
12
12%
10%
30%
x31
*
IlOO
Light 17c pfd..
Jan
6s
(10%
A 1st
Technicolor Inc
33%
5s
1st
Texas
Jan
125
3s__
Eastern
—1
Jan
34%
£ 1
4%s
deb
States
Lackawanna
Taggart Corp common
Tampa Electric Co common
28%
2%s
Service
Consol
Jan
7
16%
Jan
3% Jan
13 %
.50
•
Jan
7
15%
700
3%
13%
Jan
27%
1.000
7
16
7
13%
-1
...
550
7
■
Jan
33%
Debenture
Jan
*
Jan
156
Jan
.
28%
Exchange
Power
Steel
Debenture
^an
50
_25c
...
Finch
14%
1%
15%
•
Sunbeam
Corp.
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Swan
13%
1 %
19
Jan
17%
Debentures
Jan
14%
J
common
13
Cities
Jan
1
Jan
2,500
150
.I960
(10%
A5%s
Jan
5
Jan
19%
18 %
5s
C
Edison
A5s
Jan
.
113%
17%
2
;
Curb
Tel
&
Bethlehem
Boston
Jan
17%
f-etsoil
(J.
Tel
SCentral
100
7
Jan
112
1
Electric
series
5s
Jan
400
1%
Jan
...100
City Electric 3%s
Telephone of Canada—
Bell
Jan
18
1
pfd
Atlantic
Jan
Jan
23%
1
8%
700
.
Jan
Jan
37/a
3,000
17%
•
Stinnes
York
Associated
Jan
23%
Sterling Engine Co
Sterling Inc
Jan
8
Jan
Ltd—
Appalachian Elec
Assoc
1
23%
7%
7%
;
1
Stein
Jan
Friday
Jan
106
3
4
•
Sterling Aluminum Products
Sterling Brewers Inc.!!—i.
2
18
BONDS
Jan
4%
300
i"
3%
—
Jan
7%
*
4Vs%
(F W)
New
Jan
29
56%
—
__1
Steel Co of Canada.
7%
4 %
1
Corp
(The)
Jan
1%
,
7%
—1
Standard Tube class B
Starrett
&
'
—
105% 105%
-1
_
_
4
Jan
11
—
Products
6%
Jan
Jan
100
•
Standard
L
Jan
10%
*
common
Jan
3
10
19%
26%
—1
Light
Preferred
Jan
3%
Jan
Jan
100
200
900
11
23%
19
11
5%
550
Jan
3
19%
900
3%
Jan
10%
'
'
57/a
3%
25
;
w
deposit receipts
6%
preference
Wright Hargreaves Ltd
Jan
6
23%
10%
—.
Jan
Jan
"5%
1
American
Jan
1,100
4%
1 Va
1%
v
.
Common class B_
43
Jan
38
39%
5%
Vv: "..
.
*
Standard Power &
29%
25 Va
Jan
4%
39
>.'•
:
Stahl-Meyer
Inc.
Standard
-2.78
Brewing Co
Standard Cap & Seal common
__1
Convertible preferred
...10
Standard Dredging Corp common- __.1
Si. 60 convertible preferred
—20
Standard Forgings Corp
1
Standard Oil (Ky)
13
11%
5%
1
common..
Woolworth
Jan
Jan
4%
«
Spencer Shoe Corp
Jan
*
Inc
Woodley Petroleum
27
23
25%
"2%
1
Woodall Industries Inc
Jan
1
...
Jan
__
5
Jan
800
29
25%
_
Southern Pipe LineSouthland Royalty Co
1%
Jan
10
Corp
Corp
37
Jan
35%
2,600
25
—25
_
preferred
cum
190
37
Jan
700
1
Wisconsin P
36
36
.—23
9%
10
—
Oil
(The)
5 %
Southern California Edison—
Original preferred
4.48% conv preference
2%
Jan
20
Winnipeg Elec
5%
Jan
8%
Jan
3 %
South Coast Corp common......
!
1
warrants..
Coal
Westmoreland
3%
10
1
2
600
3%
Co
Weyenberg Shoe Mfg
1
800
8%
"178
Virginia Cpal & Coke
5
Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com.._*
Jan
90
High
2%
Western
Westmoreland
Manufacturing Co
Corp.
Soss Manufacturing common
Low
2
1
t
West
255%
3%
Solar Aircraft Co
Range Since January 1
High
8%
Corp..
1
Went worth
Manufacturing
1.25
West Texas Utilities $6 preferred.
*
*
•Bonotone
Share*
Aircraft
Warner
Jan
Jan
90
100
Paper Mills
2
30
Watch
Baking Co
Jan
%
3%
1,000
•—£ 1
Bolar
South Penn Oil
10%
400
11
Publications—
$3 convertible preferred
Simplicity Pattern common
Binger Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis..
Sioux City Gas & Elec Co—
3.90% preferred
Smith
10%
Inc.
pfd
cum
Ward
*
Bond
&
*
voting trust ctfs ext.*
100
preferred
7%
$2
*
Sick's Breweries Ltd
Co
Jan
68
*
class A—
Aircraft
17 Va
14 %
105
for Week
-
W
16
105
105
Low
Jan
3
Sales
Range
of Prices
Par
1,400
70%
x68%
69 %
100
Canada.
of America
Corp
1,500
2%
17 %
25
common
4%
Shoe
Jan
_27o
1
-
13%
Jan
2%
*2%
Exchange
Curb
High
Low
High
York
New
Range Since January 1
Week's
Last
Sale Price
STOCKS—
Share*
13%
5
*
.
Bhawinigan Water & Power
Bheller Mfg Co
preferred
Sherwin-Williams
-
*
common
Sherwin-Williams
Friday
Sales
Range
of Prices
Par
ENDING JANUARY 30
tor Week
East
Sale Price
-
STOCKS—
RANGE FOR WEEK
Monday, February 2, 1948
EXCHANGE
CURB
YORK
NEW
<
& FINANCIAL CHRONICLE
Hydro-Electric Co—
Nov 1 1940 coupon..—1952
A7s ex Nov 1 1947 coupon
.—1952
Altalian Superpower 6s_:
—1963
54
<
,
v
••
59%
Isarco
U
Ulen
Realization
Unexcelled
Union
I
Corp
;
Chemicals Corp
Gas
of
Oil
S3.75
Co
pfd
of
A
United
United
6 %
5
7%
Jan
6%
Jail
Kansas Electric
7%
Jan
8%
Jan
Kansas Power St
1,800
7%
800
._■'
2%
Jan
Omaha..
Chemicals
100
-
common:
•
Pennsylvania Water St Power 3%s_1964
,3%s
-1970
Piedmont Hydro-Electric Co—
1
A6%s with Oct 1 1940 coupon__l960
A6%s ex Oct 1 1947 coupon____1960
United
Milk
Products
%
Jan
62
4%
3,900
3%
Jan
61
Jan
Milwaukee Gas & Light 4%s
Jan
New
England Power 3V4S
N Y St Westchester Ltg 4s
Ohio Power 1st mtge 3%s
1st mtge 3s—
i
Park Lexington 1st mtge 3s
_
%
Jan
%
Jan
33%
33%
200
33%
Jan
34%
Jan
17 %
17%
1,000
17%
Jan
18%
Jan
187a
19%
7,200
1874
Jan
21
29
Jan
30
Jan
4,500
19 %
•
•
■
25
25 %
Jan
Jan
United Molasses Co Ltd—
Amer
dep rets ord regis
United NJ RR & Canal
United
10 %
Profit. Sharing.
preferred ■
245
100
X57%
„.25
^
40%
39 %
i9%
U
•
and
S
International
U
S
.
with
Universal Consolidated Oil—!
Insurance
Products
Utah-Idaho
Utah
■*
■
•
.
.
common:
Jan
41%'
330
38%
Jan
9%
300
9% Jan
12% Jan.
common J—
'
Jan
107/a
>.
-6%
Jan
62%
Jan
41%
..
Public Service of New Jersey—
Jan
.
Inc.—,
Vogt Manufacturing--!,
.-!___:.
For footnotes see page
33.
60%
6
102%
103%.
104
81%-Jan
15%
300
15
Jan
18
Southern Counties Gas
~2%
2 %
1474
Jan
2%
Jan
Jan
39%
41%
:
3
:
—
.
2178
26%
3%-
3
Jan
2%
Jan
3,900
700
3
21%
1st mtge
20
106
101%
102%
105%
106%
101%
Y"':-'
102
1
Jan
Jan
3%
Jan
Jan;
Stlnnes
-
r
i
1
5
9%
.20c " j
900.
9%
9%
6%-
674
2,900
3%
900
:
'3%
,
•
-6%
•3%
- '
•
--
.
.
__
,
1
'l!
-
10'
974 Jan'
97
Jan
:
98
6% Jan
3:%
"
Jan
.I3%-iJan
7%
>
a* - •
Jan
3^*-Jan
''•"14
Jan
Industries— •• - ;
2nd. stampedi.^--,——1946
(Hugo)
Hydro-Electric Cd—
coupon—1953
■■■*12
'
3
'
92
104%. ,104%
103
-./I
:
.
.104%
iv
143
144
*101
.
-444^.: YY":/
'
103%
v
,
*
■'
.rr
101 fa
'81
102 y -I03 %
103% 103%
vvi.
"18374
101%vlQ4.
r
'
:
*99
115
.
;
'
75
-■'••
102%
100%
99
'si*-.
4
99/
'-li6:::
75"'; ^5 '
115
■
'
'
't<*
St
y
-
25%
ioo-':i8(ik
-!Xi"
:■■'•• "*9
100%
r-115
*70%
^
J-J
27
<
-
J
t
r
.7
25%;«i27v? V
-
22%
-A-O
22%
.
22/%
1
■-
22%.
27
■
ii.
"
'
102% 102%
.
L
1
*100%-^-.
1027/8
M-N
A-O
A-O
T"4.
113% II31/2 :Z
F-A
••
34
140%:^?:.:
4
V
>103 %
*98% 100
- -
.
—"
■'
*
*101 >108
.
A-O
-
.26%
1
i.
.
*26%
:
f ^ J-D ?
\
.A7s with Dec'1 1940"couponi.l!'!l9561.
!; T' A7S ex Dec 1 1947 coupon!___I_1956
•
'Y
•
f
United Electric Service Co—
Y
91
•'
26%
J-J
(Hugo) Corp-~ %-•.*.
:
•
stamped..—
1—-,.1946
A6%s- with Aug 1 1940
27
104V'2 1041/2
4
A Elec 3 V4S—_ 1970
A6%S ex Aug 1 1947 coupons—1953
United-.Electric Co *of N 'J ;4s_^——.1945k
Jan
Jaii
1.
92
26 %
•
(Calif)—
A7-4S '3rd
A7<*4s
23
■
104% 104%
104%
M-S
:
-
22%- Jan'
106%
92
Af-S
A-O
Spalding (A G) 5s..—'——.'.1989
AStarrett Corp tnc 5s——
1950 :
5s collateral trust———i-—-I960
Jan
29,'
;■
92
A-O
M-N
3S__i———1971
Southwestern Gas
44 V2 Jan
Jan
20 i
Jan
26% Jan
.
50
22%
Jan
Ja m
39%
300
,
.
x3
*
Jan
2%
300
..
—
26%
w
j
Jan
800
278
iio
3s-l981
76'
5,200
..
106
*102% 104
^
300
2%
72%
41%
%
r
14 %
79
Terni
Venezuela Syndicate
101%
58%
•
102% 102%
106%
...
San
Stinnes
i__
101%
1
-YY
•
108
2
59%
107
'
i——1952"
—
Safe Harbor Water Power Corp
.9% Jan
..
common.
3
102% 103%
perpetual.certificates.—M-N
5 7'2s series A.!—
»
Valspar Corp
25
Y'
-
V
101% 101%
...
Queens Borough Gas & Electric—
•
$4 convertible- preferred...—
Venezuelan Petroleum—___Y
101%
J-D
A-O
A-O
J-J -
Joaquin Lt & Pwr '6s B!_«.—!__1952.
Scullin Steel, inc mtge 3s——
1951
Southern California Edison 2s—11965
Southern California Gas 3 y*s——1970 r
...
,..5
Light
.
Jan
57%
13
2%
15.
.
•
10
'
-
..
!___10
Sugar_____
Power &
;
,
1
.
Co
2
Jan
3,125
59%
76
.
:
—
„76
50c
common.—
Universal
s
247...»Jan
Jap f
'
1
■,
U S Rubber Reclaiming Co^_
Universal
—
14%
:
;
warrants....*
Radiator "common
United Stores
V
i
Securities
,,
1%
57%
1
$5 .1st. preferred
245:
10
.25
common
United Specialties common--!-.
U S Foil: Co class B
:
20
10
__
Shoe Machinefy
Preferred
245
25c
■
^
■„._■
United
107% 108
24%
Jan
7
Preferred
deb 4%s
4%
10
common
J-D
J-J '
Midland Valley RR—
Extended at 4% to—
'
United
*105%
McCord Corp
Jan
Y X
Corp common
Light & Railways....
Af-S
M-N
Jan
96
•
Gas
1967
1961
—2004
...1968
—1971
...1964
Jan
Jan
37
„
59%
6 %
92%
4
4%
Corp
warrants..
Elastic
Corp
A-O
100
100
--■■'■'
.
___50c
com
1963
6%
6%
24 Va
*104%
J-D
28%
„
__
24%
.
J-J
F-A
94%
6%
J-J
—1969
1956
Light 3%s
':;V-
26%
*12
<
Power 3728——1966
93
•
*
United Aircraft Products
United
5%
7%
Jan
Calif—
series
Union Stock Yards of
United
5%
•
j
71%
700
2
5
Canada
Union Investment Co
Union
1%
10c
26%
A7s with
•
29
•
> i.-x-
26
.35
,*12
*103%d03'%.
;
Y'fy
-jVi*'
103:'
'
;
*12"
IH f>
v.
28. ,!
:*26%
;
.,
„
V
m.
103%
?. 'Wi>< j '
COMMERCIAL & FINANCIAL CHRONICLE
THE
167 Number 4669
Volume
CURB
YORK
NEW
33
(573)
EXCHANGE
RANGE FOR WEEK ENDING JANUARY 30
Interest
/Last
,
Period
Exchange
Curb
U
u.
Low
;
A 5s
Water
M !)
V'.
;u
-1954
debs
income
Wash
.\
Hotel—
Waldorf-Astoria
West
Penn
Electric
West
Penn
Traction
J-D
1
"i
Peru
1051/2
107
120
6s
F-A
1959
debentures
f
s
—
Janeiro
Bonds
Friday's
Range Since
Sold
January 1.
No.
High
Low
*
2008
J-J
J-J
15%
15
15%
A)
2012
J-D
24
24
24
1919
M-S
1921
J-J
*,.to
214s
stamped
(Plan
ti 2%
reduced
—
Government
ARussian
103%
102
102%
102
•
or
Bid & Asked
A, B. C, D, & E—1997
ser
Interest
;."'V
Union—
Newspaper
conv
Sale Price
725
28
High
27
27'
of)—
(Republic
de
Rio
'
Western
reduced
to 2 '/a
114
1 Oil/a
119
1
Lnst
Period
stamped (Plan A)
Interest
77
102 %
106
107% 107 34
-r+ H t—4 CO
A-O
75%
7
76
$ 105
J-D
I960;
5s
75 34
76
Interest
7
Exchange
Curb
High
Parana
2030
5s
High
York
Low
•
M-S
1964
334s
Power
Low
NO.
BONDS
■
New
January 1
MOld
.ell
i>
Range- Since
Bonds
Friday's
or
L
Sale Price
Week's Range
Friday
Week's Range
Friday
BONDS
York
New
A514's
634s
_—
314
17
15
15%
23'4
5
24
:
314
314
53
2%
3%
314
3'/a
12
214
3
Va
transaction (not included in year's range),
d Ex-interest,
year's range);
f Ex-distribution,
g Ex-stock div.
h Extransaction (not included in year's range),
r Transaction for cash
(not included ih year's range),
x Ex-div.
y Ex-rights.
♦No
par value,
a.Deferred delivery
transaction
(not included in
Odd-lot
e
principal.
Under-the-'rule
n
tFriday's bid and asked prices;
BONDS
Curb
Week's Range
Friday
Interest
Exchange
Last
Period
York
New
Sale Price
Bank
Mortgage
A20-year
7s
Bogota
(see
A-O
Abbreviations
when
"cons," consolidated;
"w w."
issued:
765
M-N
External
5s.
1953
F-A
3814
12
8414
8414
78
J-D
1955
8
90
3814
1948
9
78
78
3814
1
3914
Loan—
Below
783
78
listed
daily closing averages of representative etocKs and boiiua
by Dow, Jones & Co.
the
are
the New York Stock Exchange as compiled
on
—Bonds—
Stocks
Port
AExternal
ALima
Waterways—
&
634s
AMedellin
iPlan
reduced
73-8
utu-
Rail¬
Indus¬
Indus¬
65
Grade
ties
BAv>rt«
17
15
15
trials
roads
ties
Btock»
trials
Rails
Rail
27
25
25
Jan.
24__.
171.67
49.96
32.41
61.97
100.53
101.75
87.29
101.54
39
3914
Jan.
26—,.
171.18
50.02
32.36
61.87
100.52
101.79
87.46
101.46
97.81
50.62
32.30
100.51
101.84
87.77
101.40
97.88
13834
J-D
—
62.09
4
:
!
97.78
'
(
Jan.
1947
M-N
74414
74414
1931
J-D
1972
J-D
781
172.97
50.99
32.46
62.58
100.40
101.95
88.05
101.40
97.95
|
29
174.47
51.68
32.64
63.17
100.51
102.21
88.18
101.34
98.06
i
3o__-:
174.76
51.65
32.62
63.22
100.53
102.65
88.36
101.24
98.20
j
4414
4414
Jan.
81
81
to
720
Mortgage Bank of Denmark 5s
171.42
28.
Jan.
—
27....
Jan.
1947
Oct.
40
724
AMortgage Bank of Chile 6s
of
Grade
{
Total
715
A-O
(issue
10
Utili¬
'
Date-
1951
Mortgage Bank of Bogota—
A7s
(issue of May 1927).
A7s
Becond
First
10
M-N
2008
stamped
7s
7 ¥8
10 :
A)
214s
to
+7 34
■
Total
IB
M-S
6%s stamped_1958
City (Peru)
stamped
Maranhao
Interest
J-J
1952
stamped
V
•■
20
30
<
,)
10
10
Danzig
"cum," cumula¬
"M," mortgage; "n-v," non-voting stock; "vtc," toting trust certificates;
with warrants! "x w," without warrants
"conv." convertible;
tive;
High
sales being transacted during current week.
no
traded flat.
receivership.
used above—"cod," certificates of deposit;
of)
534s
Valley 7s
Municipal
Cons
in
765
J-J
External
ACauca
Danish
Low '
(Col).—
Bank
Mortgage
January 1
No.
High
being
^Reported
"w 1."
April 1946
—Jan 1947
7s
A20-year
Range Since
Sold
Bid & Asked
Low
Agricultural
a Bonds
Bonds
Friday's
or
1927)
—
"The
90
OTHER
stocks and
of the 30 industrial
average
Steel
Bethlehe-m
the
;
Corp,
.
»
the composite average of
65
■
stocks give effect
three-for-one common stock split.
STOCK EXCHANGES
RANGE FOR WEEK ENDING JANUARY 30
Week's
Friday
Baltimore Stock
Week's
Friday
Last
,
J
y
Arundel
Range
for Week
of Prices
Shares
Low
Par
13%
45
16%
Jan
Jan
__6
3.25
3.50
14
3%
Jan
5
5c!o
20%
20%
40
173s
Jan
23
Jan
Jan
150
Rexall
Jan
1st preferred vtc ——_—100
Jan
Baltimore Transit
Co
v t c
com
Fidelity & Deposit Co..
Fidelity & Guaranty Insur
148
20
10
Corp
146
148
40
40
4034
Jan
40
4
r
,
—
Stop
Jan
3.60%
U
Co
1975
4s
73
Boston Stock
V. ;V>V
United
STOCKS—
&
;
Jan
48%
Jan
Jan
68
Jan
Waldorf
Jan
77
Jan
Westinghouse Electric
'151
—♦
a
»■''
'*.73.
6'<>
S
Boston Edison
:
3914
System
1503a
Jan
153%
417a
Jan
44%
327a
6.45
;
28
115
122
4034
3934
•
1313*2
116
393*2
1,651
Eastern
6%
4
'5%
RR__
Jan
Jan
Allied
Jan
American
Tel
Co
34%
Jan
131%
Jan
123 3*2
Jan
Automatic
Washer
Jan
41%
Jan
Avco
Corp
—i—
Inc
Lanes
National
Mfg
Corp
H)
(W
Co
23%
Mfg
Co
75C
Jan
3734
Jan
732
Jan
734
834
Jan
Jan
25
35%
Jan
37
Jan
Burd
140
33%
Jan
38%
Jan
Jan
Butler
Carr-Consolidated
10%
50
1634
Jan
103*2
Jan
75c
Jan
75c
Jan
66>4
200
•
common
Jan
71
Jan
"
2,910
28*34"
'
148
55%
54%
•
2234
*
26%
•28
'
--40
23%-
24%
2614
——„♦
Stores
2234
25
355
24%
728
5474
23
Jan
Cent
31
Jan
Jan
5834
Jan
41.21
&
"General Capital Corp—
General Electric
:
Gillette
'Isle
Safety
Razor
Royale Copper—
Kennecott
3434
33%
34%
•
Co
40.75
•
3134
3034
334
15
Copper
• '
;—
Loew's Boston Theatre.
•Mfane Central RR 5%:
,
45
,
preferred
Jan
Jan
629
2934
Jan
33*8
Jan
-
463*8
.
289
v-
14%
27
:
33,3'a
•
36
Jan
36% Jan
.
3%
Jan
45
Jan
4934
&
S
Util
W
——♦
:
Jan
15
Jan
-
-Convertible
46
46
•
32
Jan
36
Jan
2974
Jan
3334
Jan
1'
80
preferred
42%
Jan
54
Jan
.50
22
Jan
243a
Narragansett Racing Assn
Nash-Kelvlnator
National Service
——
Cos
—1
__
i—
:
5
:
1
_.
11%
36c
-
t
Club
Alum
Coleman
Co
New
'New
.
England-Electric' System—
England Tel & Tel
:
*
'North Butte Mining —,
Northern RR (N < H) _•
Products
(The)
Co
•; For
foptnptes see pageh42i-
^
.
100
•
3%
Jan
4
Jan.
574
1,300
47a
Jan
57a
Jan
26
25
100
25
500
353*4
Jan
37
Jan
193*2
200
193*4
Jan
203*2
Jan
12 34
123*2
40O
12
Jan ;-
13
Jan
12 34
200
11%
Jan
127i
Jan
11
Jan
523*2
Jan
11%
11
1074
11
46 34
47
10%
300
Jan
463*4
250
47
Jan
%
:
5732
57 34
59
300
56
Jan
.60
Jan
49
49
50
150
47
Jan
50
Jan
1534
1474
15%
300
14
18
1734
4%
534
3334
134
Jan
153*2
Jan
18
400
1734
Jan
18
Jan
11%
350
1174
Jan
12%
534
1,850
474
Jan
6
Jan
Jan
34
Jan
34
1%
2334
31
550
134
2374
200
174
Jan
Jan
974
Jan
2334
1,700
Jan
9.
100
93a
9
'
•1074
12
65.
12'
65
Jan
2534
Jan
103*4
Jan
12
Jan
200
65
Jan
65
Jan
30
65
Jan
6534
Jan
3,200
*
34
9
_•
*
297
291'2
♦
£0
80
574
6534
9
8%
100-
Jan
2934
Jan
300
5
Jan
80
70
71
Jan
29%
574
Jan
20O
974 Jan
2974
574
80
Jan
Jan
Jan
Jan
Jan
Co
common
Inc
.
7
*
Consumers
common
common
734
7
10O
3 8 34
27%
2734
28
*
2834
2634
2834
734 Jan
39
Jan
27
Jan
28%
Jan
Jan
2834 Jan
3734 Jan
360
10
Jan
2634
100
38 34
25
250
5
Edison
3£
Jail
6374
Co
(new)
Eddy Paper Corp (The)
36c
Jan
45c
Jan
Flour Mills
1,400
'
A
Fox
:,1'J 2,571."
89-
Ml 34
Jan
83.34
.750
11
Jan,
54c
Jan
123
Jan
974
.
J
.
150
3634
Dodge Mfg Corp common
Domestic Credit Corp class A
-
8
Jan
Jan
—
Jan
Jan
Jan
60c
73*2
58%
177a
123
Jan
50
3634
12
-
Jan
73*2
4' "
100
Jan
54c
1474
400
1634
123
Jan
59
-.165
8834
Jan
1,700
133*4
3634
IT
12
152%
3634
163a
1134
Jan
5834
Jan
8734
23%
150%
10
10%
11%
20
100
2.50•
Jan
100
1,000
36%
65
common
315
/
Jan
25
25
11
*
v
Service
4
.
13%
15
Jan
v- ;
(new)——2%
Chrysler Corp common
11%
36c
a
Jan
•;
1134
36c
23%
High
Low
14%
10O
2,600
Jan
*
<
,
14%
1934
:'_5
;
2434
v..
Range Since January 1
High
3534
———.'
2434
-
Sale*
25
50o
common—
Commonwealth
Mergenthaler Linotype
Mullins Mfg Corp class B__
45%
36%
_1
Chicago Milw St. P Pac vtc__
Chicago Rock Island & Pacific
Chicago & South Air Lines
Chicago Towel Co common—
Cities
50
-
4%
10
common—
Jan
143*2
"
"Mathieson Alkali Works
.
Jan
common—1
Biscuit
(A M)
Co
734
10
"
50
-■
30%
32
3334
100
40.10
•33%
3%
14%
25
379
500
32
3 %
*
Jan
Jan
1,777
40.10 40.89
_1
:
common
common
Cherry Burrell Corp common
Chicago Corp common—
26% Jan
Jan
Bros
Called
-
Jan
30%
1334-
"534
5
1
—1234
common
Central 111 Secur Corp common
74 Jan
Jan
L)
Piston Ring
Castle
~
15%
Jan
4
•
Burton-Dixie Corp
1534
Co
(E
Bruce
720
71,
Jan
23%
73*2
1
10
5
capital
Borg
Jan
5%
100
75C
71
Jan
14%
1
—
Jan
3234
30
'■
100
100
Jan
41%
150% 1513
13%
1
common
(George W) Corp
Borg-Warner Corp common
Brach & Sons (E J) capital
21
10%
Jan
Jan
Jan >./
♦
10
common
Jan
:
105
5674
61%
40
.
2634
14%
3
Jan
60O
15%
Jan
Jan
Jan/
to
Low
3
common
Berghoff Brewing Corp
36%
49%
57%
38%
v;
Share*
4
capital
26 3a
37 /;
*
for Week
5
common
Belden
10%
lo*
Ry—
'Employers Group Assoc—
First
Co
Athey Products
Jan
Bastian-Blessing Co common
.,
Jan
455
Week'a
23%
Jan
33%
Jan
42
14%
Range
151%
capital
Co
Jan
153*2
__
36%
27%
of Prices
100
Tel
58%
37
*
*
preferred adjustmentS3
&
19 34
•
Jan
Jan
Jan
14%
common.—-—♦
Laboratories
Jan
8
15%
35 3e
4.474
Sale Price
Jan
53*8
Jan
Jan
26 34
27%
%
—*
Mfg
D)
19 34
34
';
v.-
Par
(J
58%
7%
10
Street
42%
12
10
5%
100
•
1st preferred series A—.
Eastern
•
Mass
42%
•/•/
10
—
Corp
Binks Manufacturing Co
Personal Prop Trust—
East Boston Co
,
60
275
33
Jan
14%
40
675
Inc
Jan
■
Range
5174
19 34
25 34
15
Jan
15%
23
40
58%
23%
24
Jan
Jan
1174
100
59
1934
1914
1% prior preferred
100
5ft class A 1st pfd stamped-——100
8% class B 1st pfd stamped
100
Copper
40
497a
STOCKS—
Adams
& Maine RR—
Providence
36%
Friday
Barber
'Boston Herald Traveler Corp
&
36%
40
Jan
77a
14
10
40
58%
100
Service
15%
573*4
High
239
33%
121
100
Cities
1534
;
■
51%
—
—
Range Since January 1
3,566
44%
33
25
Stamped
Eoston
2j3
5734
"i
'■
Low
13134 13134
Unstamped
Boston
1,090
13 >'2
__25
Hi
Boston Elevated Railway—
Boston
14%
'•'
Last
Shares
100
RR
Albany
14
'
'
4%
<
Ohicago Slock Exchange
;
High
100
pfd
Bigelow-Sanford Carpet 6'c
&
Jan
common*.—25
preferred
Rubber
Armour &
Boston
634
2
'
tor Week
41%
44%
63
,
Sales
150% 151%
50
Copper
23,000
Range
Low
100
Woolen
Anaconda
Machinery
91
Jan
of Prices
Sale Price
Tel—
American
113
36%
Co
Shoe
Jan
46
Exchange
V
Par
Tel
Fruit
United
89
$10,000
64
7314
..
Week's
Friday
'■
Last
American
8
ft
210
90
46%
63,.
73
1975
A
.
67
1534
*
Drill
Twist
U
Baltimore Transit Co
series
6%
41
50
& Guaranty——
BONDS—
5s
Jan
1274
—
15
90
4614
100
preferred-..—
S Fidelity
4
—
*
Torrington
Edison Co—--
Potomac
500
*
Union
Jan
4%
6%
1
Shop Inc
&
Jan
20
1,137
4 34
AssociationInc
3554
Jan
18%
2 50
Webster
&
Jan
17 3
34%
17%
*
Stone
33%
33%
72
25
Inc
Drug.
Shawmut
Hign *■"
Low
High
34%
50
Quincy Mining Co
High
Low
16%
Pennsylvania RR
Range Since January 1
Shares
18
Mills
Pacific
Range Since January 1
High
15%
*
Corporation
Low
Par
•
Sales
for Week
Range
of Prices
Bale Pries
STOCKS—
Sales
Sale Price
STOCKS—
Last
Exchange
12%
9134
69c
125
of
America
—
Inc
10
—1
*
5
(Peter) Brewing common——134
*
3
34
3
95
95
16
1534
17%
3%
95
934
Jan
1034
Jan
27 a
Jan
334
Jan
Jan
9534
Jan
15%
Jan
1634 Jan
14%
550
Jan
1934
6%
Jan
734
94
600
2,150
12
"
1434
16
1774
Jan
Jan
Jan
Jan
Jan
General Finance Corp
common——1
.10
1
General Motors Corp common
Gibson Refrigerator Co common
7
547a
'6%
5374
8
7
200:
•
5534
2,200
53%
Jan
874
1,050
8..
Jan
58
874
Jan
Jan
Jan
'
■>
THE COMMERCIAL & FINANCIAL CHRONICLE
Monday/ February 2, 1948
OTHER STOCK EXCHANGES
FOR WEEK ENDING JANUARY 30
RANGE
Lour
Safety
Razor
Corp
common.....
Corp
v
300
41%
Jan
43
250
19
Jan
21
Jan
16%
1,650
15%
Jan
16%
10%
Jan
11%
Jan
Cincinnati
22
Jan
26%
10%
U
4
70Q
a.
21% Jan
,.24% Jan
50
•
550
f
%
-.120
4%
v
x21%
2L'A. Jan
100
■
4%- Jan
.
y
11 Va
11%'
.
Jim
Inc
Stores
Brown
pew
7%
—1
Jan
Jan
Hobart class A (new)
&
Co
common
6%
16%
17%
Middle
common
Miller
Modine
8%
North
American
Northwest
0.
\
'
>
■
-
.
8%
>
.r
-■>-
11
.2
>12%
>16% "1
Corp
Texas Co
Thor
208 So
common——
Woodall
Indust
Yates-Amer
Unlisted
common.
Jan
Jan
.-
Jan
150
Jan
8%
Jan
Jan
American- Coach._&
12%
16%
j
0
American Tel & Tel .(Un),
9
119
Jan
20
Jan
11%
Jan
Cle veliatad^GHffklron. common.
30J/2
70
Jan
Jan
31'A Jan
31
200
700
•
Jan
37%
Jan
11%
Jan
.
900
31%
2%
Jan
18%
Jan
27
Jan
Jan
10%
Jan
Jan
31%
Jan
3V2
Jan
Jan
9%
2%
Jan
10~- - Jan
11
38:'-i
Jan
43
13%
100
43%
Jan
14JA
Jan
8V«
1,500
100
9V4
Jan
8
,
19%
28
Jan
31
Jan
34%
Jafy
N
24%
Jan*'
Ohio
Edison
Jan
Ohio
Oil
Y
Central
{V
Jan
21%
Jan
Pennsylvania RR
Jan
58
Jan
Radio
of America (Un)__
Corp
Reliance Electric & Eng.,
19
Jan
21V2
Jan
31
Jan
37
Jan
47%; Jan
48
Jan
Bethlehem
Steel
Certain-teed
100%
Jan
Standard Oil of Ohio
78'A
Jan
26% Jan
297A
Jan
80
85
Jan
10%
13%
13%
13%
13%
Jan
10% Jan
4,800
11
13%
13%
.
13%
200
11%
Continent'!
& St San com
3Va
3%
100
3Va
Jan
Parnsworth
14%
29 %
Steel
53 y8
Jan
58%
Jan
22%
Jan
10
41%
Jan..
300
15%
Jan;
18%: :i5%
Vlchek Tool
;
32
Jan
34
400
32%
Jan
34%
Jan
Jan
15
new.
&
15
Jan
16%
Jan
New
10%
Detroit
Motor
10%
11%
Jan
8
150
7%
Jan
8 Va
Jan
493i
Jan
Jan
32%
Jan
13%
Jan
JSHi-v
175
-1>%
Jan v
81
38%
Jan
100
6%
Jan
140
3
Jan :
>;
5%
g
y.12% Jan
40%. Japr
6'A
-
Jan
' Jan
4
63
13%
Jan
80
29%
Jan
30%.
50
28%
Jan"
32ti»
26%
75
26%
Jan
27
Jan-
17% f 17%
57
17%
Jan
19%
Jan
a8%
55
8%
Jan
a3C%
a
a8%
23
23
25;
a24% a24%
Jan;
Jan
;
26%
450
26%
Jaiv—
44 y8
20
72%
48Jan
Jan
9'/2
78%
Jan
G9 %
Jan
50
100
Jap
29% Jan"
42%" Jan
125
9V*
a71% a71%
Jaii
Jan-'
27
"46%
.
.
Jan
24%
,,' Jan
Jan:
-
Jan
9%
43%
;
a73% a75%
9V*
24
Jan.
v''
318
44 V8
*
22%
.25
'
44%
15%
31%
.
Jan
10%
Jail
79%
Jan!
5
600
4%
Jan
5%
1,100
Jan
35%
Jan
4%
Jan
5%
Jan
5%
4%
5%
1,600
.5%
5Va
5%
400
17%
13%
Jan
15%
15%
Jan
16%
4%
Jan
-10
16%
15%
Car
•
4%
4%
4%
1,500
9%
33%
—
(The)
common
Detroit Stock Exchange
Jan
9%
Jan
21%
Jan
9%
€00
9
Jan
19%
750
19
Jan
22
300
22
Jan
23%
27%
26%
Jan
30
Jan
'
Last
.of Prices
Sales
for Week
Range
gals Price
STOCKS—
-
Week'®'
Friday
Jan
26%
19
19%
1,900
Low
Par
Electric
Allen
8%
8%
Radio Corp of America commoi
Radio-Keith-Orpbeum
Republic Steel Corp common
J- '*-
■
■
-
100
8%
2Q0
25%
sy4
24
25 V*
:•>
600
8%
Jan
8%
Jan
Jan
8'/a
Jan
Jan
24
9%
26%
Jan
Products..
Rubber
Baldwin
__2
Brass
of
N
Standard Steel Spring
72%
15%
15%
25
>
1
Studebaker
Corp common
Sunray Oil Corp
United Corp
—
15%
4,500
15%
Jan
17%
Jan
70%
72%
400
70
Jan
78%
Jan
13%
.15
J
13%
100
13%, Jan
14%
J^n
Consolidated Paper
1
Continental
19 y«
20
400
19
Jan
21%
Jan
io y8
19%
1
10%
100
10
Jan
11%
Chrysler Corp
10%
10%
245
10'%
33'A
125
33
1%
1%
100
1
13%
f—.—
Motors
common.-.:
2%
400
16%
300
2y«
Jan
16%
2% Jan
Davidson
Jan
,1
Detroit & Cleveland Navigation
Detroit Edison common.
....
—
14%
Jan
5
-20
1
Detroit-Michigan Stove
15
common
Detroit
Friday
Last
gale Price
STOCKS—
American Laundry
Mach
Balwin
Carthage Mills
——10
Champion Paper & Fibre
For footnotes see page 42.
50
»
♦
■
20%
torn'
17
.
14%
Jan
30
19%
Jan
Gar
Wood
Industries
Motors
.•
•
Jan
General
17
•
Jan
Gerity-Michigan Corp
52%
Jan
Goebel
21%
Jan
<22
2,780 '
:
.1,:;.73/a,:J»n'){;
.6%, Jan >
200
-
.4%, Jan-.
>700-
Brewing
Graham-Paige
...
common—.—
—
common-.ui
-i
.
VZ> Jan
4% 'Jan :.
y
10%
150
11%
1,631
24%
150
24
Jan
.25
Jan
21'A
21%"
100
20%
Jan
23
Jan
2%:
350
2%
Jan
17%
Jan
2%
2%
17%
;
3%
21.
5%
1
10
%
4%:
21%
-6,691-
10%
100
3%.
150
21
21%
54
55:
1
7%
1
1
.5%
:
7%
5%
5
6%
1,150
55%
1,008
8
5%
5%
2,265
.
500
200
Jan
Jan
2% Jan I
>17% "Jan.
;
3% Jan
,.21
Jan
4V41Jan
„
5%
54
7%
Jan
22 % Jan
'
V
J
*"
Jan
•
.
8%
Jan
5%
Jan
Jan
"
6%
57%-Jan
Jan;
5% Jan.
5
Jan
IO'b
12%
Jan"
.-,11% Jan
115
17%
.
.20%^ Jan
-
1%
,
Vi Jan
Jan
9%- Jail
21%^jjan
-
32 %
Jan
50
High
-
Jan
75
-
30%
20
:
50%
2Q%
.
5
31%
16
8
Range Since January 1
—
8%
Jan
14% "Jan
24%
Mongol common.,....——.5
Trailer
59
21"
'. 4%
21'A
Fruehauf
2
245
»
.Jan
,
33'A -Jam,
Jan
11%
,—__—;_1
,.1
7%
59 y4
22.
Jan {.
10%
4%
Corp__x._.
.1
1
■
"5-14
Jan
%V»fi
1%
313
>7% .■■■7%
21%
Steel Products,
Frankenmuth Brewing common
High
31%
..20
Shares
of Prices
Low
Par
Federal
for Week
Range
,-.7%
24%
Electromaster
Sales
Week's
;
•
1
Detroit Steel
Cincinnati Stock Exchange
•59%
22
10
II
Detroit Gasket common
Co
59%
—5
—*
22 Va
125-1 ;> ' 13% Jan
58% Jan
13%"
<t/
Jan
"
33 V*
.
Broa
Jan
10%
Machine
...
_21 %
33%
Jan
2%
•
Adding
Burroughs
500
1
Brown-McLaren common—
Oil
2%
21%
2%
Jan
common.—5
cQmmon.....,^
Bohn Aluminum &
2%
21%
2%
1
common
Metal
American
2%
800
-
High
LOW
High
-
Socoay Vacuum Oil Co Inc
Range Since January I
Sharss.
.
-
27% " :
•
.
Telephone: Randolph 5530
Jan
5
;
22
2%
,
DETROIT
Jan
200
Co
com—,1
Associeto-
Chicago Stock Exchange.
Exchange
Jan
500
"
Co
Jan
14%
16%
new
16%
17
14%
14%
_•
'500
34
16%
—6
Curb
Jan
5V2
-4
Corp
New York
Jan
5
Stock
Ford Building
-1
..
—
.
.
Jan
* 34%
Members
.
York Stock Exchange
Jan
34:
34 y4
Airways Corp
Pictures Inc
{
;
Jan
Radio
Co
Motors
Pepsi-Cola Co
100
200
>
7%
Television
American
Amer
15
10%
10%
York Central RR capital—
Paramount
34%
5
Nash-Kelvinator
A
Jan
433/4
'131%
—
Watling* Lerchen -fit: Co.
33%
32%
Electric
&
Laclede Gas Light
Wilson
-Jan
Jan
33%
Motors
Graham-Paige
Standard
75
48
12%
al4%, a 14%
%<29% aSC%
*
Jan--
Jan
66
26%
Youngstown. Sheet & Tube—
75
12%
12
—•
Jan
Jan
-Jan
-
46
65
44%
,
17
•
986
39%
3
275'8
.
.-44%
32%
11%
:
Jan
10
'
38%
5%
,
a44%
'
J ft li¬
;,
95
75
46
*
common
(Un)
common
'
Jan
33
4Q0
10
common
Electric
Oil
100
140
Jan
51
-
Jan
Jan > v
Jan
100
14
13%
29%
*
Curtlss-Wrlght
Pure
Jan
Jan
1 37%
> 31%
Jan
3%
357b
.
Jan
14%
13% Jan
50
Jan
14
i
Jan
US
>
-Jan
43%
Thompson Products Inc common
50
34-
•
10
Jan
Jan
300
Jan
{80
12%
•
94%
13%
Products
Columbia Gas
Pan
L
Richman Bros
•A 74 %
>,
>
a44 %
♦
5
_•
Republic Steel- (Un)—
230
900
27%
as
46
50
(Un)
400
85
>Jan
26%
99%
26%
79
a22% a24% : '
\
75
%
74%
50
155
•.
80
79
Sargent
450
19%
Jan
32%
8
—
400
32%
43%
75
—•
—
commpn_4
54%
.
27
1
RR (Un).
(Un),
> 77
.;
_4
National Tile & Mfg—
18%
'- >100
:
Metropolitan Paving Brick—•:
36%
•;
*
Portland Cement
Patterson
47%
94
& Sessions
Medusa
Jan
>> 81
10
Lamson
Jan
-22
.500
55
.
>
'g Jan
Jan
*
Trans
153
Jan
V
—•
IslandL Lime, &
Kelley
Jan
Steamship
{■
f >*'32
Jan
j- >--15%-Jan
Jan
•'
42%
^^_._..!___50
L_—_.___1
preferred!..
Industrial Rayon (Un)
Interlake
Jan
1,400
Bros
f
-Jan
24Vr Jan
78 Va
• a29% a29%
a43% a45%
24%
Goodyear Tire df Riibber^-.. ..)--^-.?
Gray Drug Stares.—.——
•
Great Lakes Towing pfd__,_,____
100
Halle
Jan
14%, Jan
> 1,928
•'1,016
V
a36-% ".
a34% a34%
a
Jan
Jan
30
19
A
28%
>:>„
yy
14
25
1,730
,
10
(Un)
(Un).
32%
30
50
94
common
common
16% Jan'
•
300
>
Co
•150%
>*: 30
..
>.80%
a36
-
*
29% Jan
12% Jan
50
:
Motopr
General
Glidden
I
23% Jan
100
High
fx::-
{17%.Jan
35
80
-
il5
(Un)
Low
-
a53% a55%
80
i>
•
Gene^l>Bie^slo)'ocan^
Jan
10%
150
;
..
34
200"
'
;
30 i
120
tt Vs
1
Corp
American Rolling Mill
Ansnnndfl Conner Mlninir
Packard
Jan
•
,
.:>vl4%;.14%
14%
,v
1
100
Jan
v
19
a30% a30%
y_
CIe-yeiand^x:¥1>si;|1r,.
Ei ectrici
Jan
'
North
51
,
Range Since January 1>
y
>>>->> >
I ' y 65
al50%al5iy«.>v^156
City. -Ke., &■ FueL.——*
Jan
Jan
Sharss
t:
High
,a23% a23%. y^.
•"
••••-_
1UQ
ConsoIMadedrl^BrtiGAS(trn)__
400
47%
10%
Jan
a>
v
Jan )
50
15
.
of Prices
•
19
(Un»_il
y
Jan
600
85
*
>.71 % Jan
6% ,Jan
;
Exchange
Low
•
>__5
lQVz Jan
26
31
27%
"10% Jan
v
Stocks—
Alleghany
New
y
c<?m
90'A
10%
47 Yz
;
5
caiptal
American Radiator
General
Body_,__
{^AmsouewmdflMBddBrodticts
Jan
,
3iv4
2
common...
Mach
21%
%
Jan
36%
:
Westinghouse Elec & Mfg com!—.ttVa
Stores Inc cum prior pfd___*
Bankshares
Jan
87
55 Mi¬
•
Wieboldt
Wisconsin
28%
> 9%
X35%
99 Vz
capital—
common.:-.^;
Jan
,100
34
19%
La Salle St Corp
Steel
"-30%
30
'
■
Jan
Jan
65%..J,an;
206.',
Jan
95
29
Week's >,•{ Sales
Range
fsr Week
-Last
1,880
50
;;
...3
46%
Jan
.
10%. Jan
.
'
Jan
{Jan
95
27
989,
-
' i*"/'
v>> 51 >.>51
Par
•
Jan
17%. Jan
1,600
>
:
..
49V«
„
Jan
441AJan
75
•;
19%
'
IHumln. com—*
ClevdanrfyG^fpfd^rBronze (Un)
1
30%'-
29!
24
Jan
'
..
; >-7.\Tyi*"'.
Friday
>;
10 >
39%
1
S
>y:W^Vl66?A
Cleveland Stock
Jan
104
>20
9%
38%
35%
..25
Union Carbide & Carbon
..
,..
Jan
37%
6%
,500,.
2$%* 28%
■
U
53'A
Jan
7%
4,800
87
•
8
—5
(The)
50% -Jan
142
1,750
18%
—
Co
95*.10
2%Vz>-2%Vst~
100
10%
10%
27
7'A
23% Jan
>
"
(The)—
Corp
Trane
of
y
1,350
m
13%
25
48%
25
-r.Jan
Jan
35%
300
.
IS:
39
5
common,-.
capital .stock—
Certificates
51%
11
Sunbeam Corp common,,——
Ltd—
deposit—
22% Jan
10%
2%
common— —,1
Co
Jan
150-
11
common... —5
&
14%
11
i
common.,
Ind. capital———25
Bwift International Co
Jan
16%
31
Forgings
Container Corp
Swift
14%
H9
9%
10%
—2
Tool
150
9
8%
25
5
capital.
Stockyards capital,.
Dredging common...— 3—i
Mach
,'
66%
...
10
Jan
8Va
12%
16y8
■
-•
Nat
Sundstrand
10
10% -11 »?
29% > 29%
•
Stewart-Warner
Stone
Jan
.
20
34%-" 34'
•
»
common..:.
of
Playing. CaTdi
Jan
9%
800
1.3Q0
I:
80
30%
1
Signode Steel Strap common—
Sinclair Oil Corp—..
Oil
9
21%
9%
Sangamo Electric Co common——;—.•'>
& Co capital!——
Serrick Corp class B common—
Sheliinar Prod Corp common
Standard
15%
Jan
28
87
Sears Roebuck
Standard
26%
Jan
8%
> 100
119
119
1
Quaker Oats Co common,,
*
Rath Packing common,——-——__10-
Standard
Jan
14%
200
28%
7%
7%
Pressed Steel. Car common,
UfUis
24
1,400
1,900
14%
23%
Perfect
Hi
•
*
Jan
Jan
7
y
Jan
10 %
Works
—•
45T'8'ra
...
.
18
Jan
58
Jan
433
-
.
31%
Jan
7
95;>
__
>;
5
,—100
Lathe
P...db
U S:
9
9%
142 ' ' 144 %
144
>
I
RR capital—
50
Circle (The) Co (new),—,2%
Bend
.
Randall class B->:_
61%
17%
South
Jan
24%
14%
20%
preferred- .100
Jan ;
24Jan
Jan
Pennsylvania
Spiegel Inc
.
1
,
44%
95
.
55
16..
'
.
Jan
Jan
28 %
,-20
18y4
T
Jan
31% Jan
35
- -
•'
"
,
,„__50
—:__:
Jan
> 40
9%
35%? 35%
v
Jan
iJ; 22% Jan
Jan.
.123
,.
49V,
gale Price
common.
preferred
6%
Jan
Jan
61'A
9%
35%
Peabody Coal Co class B common
•
16%
40
10
Jai) {.
13
18%AJ^y.
234a
Jan
>81
Jan
20%
Jftii
.Jau
8Va
>
77% Jan),
13 -v
e-^^lOO
49
yy
*•'
Car common,
Utilities 7%
6%
19 %
6% Jan
150
Jan
23
common—-—- _10
Manufacturing
;
> 200
Jan
>14%
Bancoip- common..—
Northwest
Oak
'
8
9%
50%
•'
i
Jan
Lunkenheimer.'rxi.,—
44%
9%
Montgomery Ward &
"*
Littlef Miami;
400
14 %
.,10
common.........
-National Standard
Keoser
f ioo
8%
>
•
Mfg
.:
.,
Jan
Jan
9%
14%
14%
—I
—
prior ' jnreferred—
>
1
.
18 y A18
-.50,-
v
'"
5%
Jan
T
__
^y__„ .18
14%
24%
Hart Inc common vUi„—.
&,
$1
6%
17%
40
9%-
•
_
Corp capital——
West
Ex-distribution
preferred
8% Jan
59 %
61%
rr.*rm
Co
6%
„»
——
Jan
13
1,050
7
•
Jan
4%
150
350
40
—r__5
—r
preferred-*---,^.*
Llbby McNeill & Llbby common.,,
7
Lindsay Lt & Cbem common.
Wrmvmi^
&
31%
»
Magnavox* ^
Cumulative
Marshall Field
4%
7% ."8
8
Kellogg Switchboard common.—.
Leatb
55
Jan
Jan
....
.
^96
„32
;
45
-
^'
«
100
>■
High.^
26
Jan
8
608
31%
55
__
y———-.7
21%
13%
13
,——.1
La Salle Ext Univ common
31 y4
«
'
.
4%; Jan
Hatfield
—7%
4%
1
com..
Drug Co common,
23%
Jan
Jan
/
22%
Jan
7%
8%
Jan
Vb
,
23y8
13x
32 %
20
-i-8%
..
.
18%>18% U
Jan
.
__
10 :
.—
Jan
200
i,
8%
93
Januar^l
Jan
8,092
..79%
'79% -80%^v^-w 82
y
v.'
13
> -13 .•
v ,300
^50
'
'
23%
48
37a
21?#
Formica;
11%
250
95»A
EaglerPloher-'-. .2,^—
Kaho
,7y«
397
-
%
32
y
Low
'.'l
24'A
.Crystal- Tissue. .18%
Jan
29%
20y»
20
,,,.-2
—
Gibson Art;———
"
Katz
Street
Telephone
400
12
'
—__
200
29% ■* 32%
.,.100
i
y_—
Rights
26% .Jan
11
Jan
Jan
9
350
3214
Topl ~com-»_.•
Indiana Steel Products Common
> Preferred
GaUaher Drug
i S
23%
95
Cincinnati 'Union Stock Yard___y..i.—*
25%
a
24'A
Range Since
Shares
:
Jan
11;
•-
+ rt.
_.__8.50
20%
26%
T
Independent. Pneumatic
Gas common „
43
"
10
100.,
CentoraL RR; commons
Illinois.
Par
Cincinnati
) Sales
for Week
of Prices
>,V\z,ow 'High
gale Prlee
^
Jan
Jan
21% -,21%
Co capitals,—_—
Illinois. Brick
v
31
21%
■;
>
High
Cincinnati
i
STOCKS—
-
Jan
10%
,..1
common
A
'
15%
Harder-s fee CommotC^-,-J-*r-—
Hupp
'•
30%
10%
,-—.-3
tnew)
Werner Corp
19
-•
200
„
21%
—I
capital
HfUemas (G). Brew^Co
Hein
41%
20%
16'
4
1
10
Hammond instrument Co common
Harniachieger
30%
common
"
Low
High
43
*
Goodyear Tire & Rubber common——*
Gpssard Co (W Hi common
•
Great Lakes Dr A Dk common—^—1•
Gillette
Range Since January 1
Shares
30%
Week's
Range
Last
for Week
of Prices
Par
.
Friday
Sales
Week's
Range
Friday
Lut
Bale Price
STOCKS-—
Jan
5'A Jan
COMMERCIAL
THE
Volume 167 Number 4669
OTHER
& 'FINANCIAL
STOCK
CHRONICLE
Friday
Week's
„
Last
stocks—
'.v'"
',
-•
Hoskins
Manufacturing
Howell
Electric
Hudson
Motor
common
Kinsel
14%
15
Jan
7'A
*
19%
19 Va
138
19
l
13%:
14
14
100
14
4
1%
1%
300
36 >/4
10
36%
405
36%
Unlisted
Jam
4
,
Jam
-
McClanahan
Oil,
8
~1%
1
1
common
Murray Corp
8
37%
1%
860
1%
Stamping
15%
15%
150
15%
2%
550
2%
Jan
FacKaru
Motor
car
Chemical
Park
Peninsular
2%
•
4%
_1
3%
Jan
„
Products
190
7%
Jan.
7%
Jan
13 %
Jan
14%
Jan
52%
Jan
56
Jan
150% 151%
1,719
150%
Jan
a53% a53%
20
Viscose
Jan
Anaconda
Copper Mining
Jan-
Armour
Jan
Atchison
Topeka
Jam
Atlantic
Refining
Ja^i
&
Co
Mlg
(H W)
Raisin Paper
River
Scotten-Dillon
Sheller
_2
——
(111),
S
Jan
.25
a33%
a33% a33 Va
75
a—
Jam
Bendix
5%
57/B
1,150
5%
Jan
6%
Jam
Boeing Airplane Company—
400
3%
Jan
Jan.
Borg-Warner Corp
Corp
8%
8%
9%
8%
Jan
560
9%
Jan
575
.
14%
Jan
8%
Jkn
9%
Jan
'
•
3%
3%
200
3%
Jan
6V»
6%
6%
200
6%
Jan
11%
10%
11V4
1,242
10%
Jan
__1
15%
15%
100
15%
Jan '
__l
1%
1%
300
1%. Jan
1
2%
2%
500
2Vb
1
—1
—
common
•
Products
Screw
Budd Co
8hares
Par
Aireon
Bandini-
Petroleum.
Barker
Bros
Corp
Oil
Co
1%
6%
10
23%
—
_
—„
6%-
1":
Central
Fuel
Colorado
20
(J I)
Aircraft
Dresser
Industries
8
9%
13%
13%
1,150
,
a31
22%
Products
Electrical
i
Emsco Derrick & Equipment Co_
Oil
Exeter
Ltd class A
Tele
Fitzsimmons
Motors
class
Hancock Oil Co
58%
Jan
11%
Jan
27%
Jan
28%
Commonwealth
2%
2%
400
2%
Jan
2%
Jan
22
22%
460
22
Jan
22*%
Jan
13%
Jan
14%
Jan
Jan,
Jade
Corp_
Company ——25
(The)
Co
Vultee
Aircraft
(N
"A"
Electric
&
Eight Corp.—
Co
6%
Jan
General
Public Utilities Corp
12%
Jan
Iron
International
7%' Jan'
Corp—_
Nickel
Co
Jan
Int'l Tel & Tel Corp
*
Petroleum
Jan
Kennecott
•
Libby,
—
McNeil
Libby
&
14%
100V
14%
Jan>
14%
Jan
Nat
Distillers
New
York
31
Jan,
32'/2
Jan.
12%
Jan,
12%
Jan
110
52
Jan
53%
Jan
784
21%
Jan
24%
14
Jan
14%
Jan
100.
11% Jan
11%
Jan'
65c
95c
Jan
Prod
24%
14
>
14
>;:n 335
.7,-
9
•
•
v;
Jan
Oceanic Oil Co
American
Packard
Motor
—-10
20
Jan4
Pepsi-Cola Co
Jan
Jan
10%
Jan
57%
Jan
Pure
•17%
Jan
17%
Jan
Radio
43%
236
43%
Jan
a95
A,
54
,>
.
,
Jan
43%
49
95
Jan
100 V*
12 %.
al3
205
13
Jan
2.40
42,740
18
;
•'
19
Jan
Jan
Standard Oil Co
1.25
Jan
Standard
7,897.
ll'
a -14%
.300
21%
1.40
Jan
"33c
: Jari'"
15
Standard
Jan;
Stone
Jan
25
270
270
1.15
1.20
1%
1%
1.10
»..
1.15
20% Jan
1.20v
14%
-
37.
:
•
Brands
&
3%.
7,900
16c
16c;
8%.
97 %o
8%':
8%,
: '/
_1
.
1
Z
•
Inc_
2
Oil. Co,
Inc
17%
50*1
Texas
Jan
23 V2
6%
preferredci--i._25,
a
Jan
al5 al63/a
163
16%
r
287/a
170
4%
4%
15%
Jan
16%
Jan
28%
Jan
28%
Jan
4*Va
Jan
5
Jan.
9
*
Jan
9%
Jan
835
*
900
9 Va
97/a
197/a
20
310
17%
18 Va
705
17 Va
Jan
135 '•
22
Jan
22
Jan
42 y»
Jan
47
Jan
;al4c
;
:.
37cr
!.
v..
28 •%.',-/
:
34%
34%.
,.
a33%a337/8)
li ;- 10%;,
,
,
257/k--:l
24-
rav 10% :
H'ifr "* a 13.%: a 13 %; V
21
2,633
Consolid^ed.
Western .Air Linas.
Oil COi______lO
-
41%:.
41%;
Inc———l:r
Mining,' 8tocks-—
Alaska Jhneau Gold Mhg;
*
•
7%:
"
CO^_'_-_'viOct:!'7
For footnotes see page 42.
;4%
-
4%c
.
;
i
1,000"
Jan*
•
16c
Jani', •'
Jan;;
136
7
Jan
27%
Jan
39-
Jan 1
39%
Jan
72'/a
Jan
78
Jan
50
a—
—
:i
a__
—
725
.
18%
Jan
20% ,Jan
225
19%
34%' Jan
36%; Jan
296
55%
Jan
55%
Jan
54%
Jan
55
Jan
20%
Jan
23%
156%
'
30
*
20%-
21%
575
a94'/a a99%
170
26
al7%
__
y_
a 42
a
a—
a__
98
26
2%
—
—
18%
i
Jan
110
'
156%
25%
Jan
16
Jan
100
2%
400
%- a42 %
41
2%
a—
Jan
'
'
26
Jan
Jan.
17%
Jan
2%
Jan
Jan
a-__
y,!„ _
'
___
11%
19%
•
12%
11%
300
11%
19%
5
Co
W):
19%
200
19%, Jan
19%, Jan
120
28 % Jan
29%
283
45%
45% Jan
a26% a26%
_
45%
10
Jan
:
4(Wr
American
13
Jan
Jan
.
V
Curtis
Jan
Jan
37:
Jan
Gimbel
Jkn
13!%.
•
•
«
*20«s
Jan
Jan.
-26%, Jan
Jan
.
$1 preference
Jan.
Soott
4;v
Jan
15 V»
11'
I
•
Ja n
Jan
520
338
57%
Jkn
2%
100
1
Jan
2%
8'A
365
7%
Jane
9%t Jan
53*/b
55%
20
10
10%i
17%
53 Vb
10%-'
5%
.
6:y:y
Hi
5%
■
820192
16%
•'
52 Vb
344
56%
Jan
Jan
58%> Jan
21%
10%
Jan,
5%
15
6%
17% Jkn
Jan
Jan
10'
20)
;
Jan
19
65
5%
.
63%, Jan;
53Va,Jan
871
_
9%' Jan:
&
Jan
Jan
Jan
Jan;
?/m Jan .
,
6V# Jan
5%* Jkn
1,749
Jkn
18%
ZIso
18
>
19 y4.
2,265
18,
Jan
,18%, Jan.
17%.
18%
2,972
17%
Jan
20V«; Jkn
Dome
Paper
Oil? Gbrp—
.50-
22%
Jan4-
24%
Jan
514
28
Jan
33%
Jan
190
17%
Jan
20
Jan
11
150
l0%~ Jart
11%
Jail
43%..
159
42
44% Jan
52%, 53%'
247
52%' Jkh
23%.
28
31%,
1.744.
17%
10%
17%-
42%
53%
—1«
common:
Sun Oil: Co
Jan
4y»,Jan
Transit Ihvestmt Corp 6%
United Corp common
Jao
,4%c- Jan..
Gas
407
22%
30%
43%
—3'
—^
7%. Jan
United
47
23% Jan
22
5,545
■-
oommon
m
part pfd—25^
H
4*
4V42%
590
804
Jan4
.
41
818"
2%
21%, 22%.
-
2%
22%,-
Jail'
44%;- Jan
21%- Jkn,
21%
334
44%. 45%
22..
10
common.
45%,,v
23%.
commons--
Reading Co
45
,4ir
13%i Jan
25%
isay* Jan
11
19%
Light.
Philco Gorp common
Skit
'■>
280
High
150 Vs- Jan.
59%
16%,
55%
:
2,106
2%
52%
1
LOW
24%, Jan
■
Jan.
Jan.-
13%
—10
Range Since January X
10
■
7%
•
—
.
24%,
57%
.
.
5
Philadelphia Electric Co<
77%
Jan
__
•1
Brothers.
Pennsylvania Salt Mfg/
16/;-., Jan,
<
9%
59
Battery,—i
Pennsylvania <RRt
ll.%t Jan.
,:
.
Ja n
"2%
Motors. Gorp_—
Pennroad Corp
Pennsylvania POwer
.
"62%. Jkn.
Jkn;
i
10
Lehigh COal & Navigation
—50
Lehigh Valley RR
National, Power & Light-—______
Jan
Jam
._13
Shares
High-
150% 151W
14 Va, 14%,
151
—1";
Publishing Co—
General
34%,Jan
50*
c—
Delaware: Power & LightL
34%- Jan.
Jknc
t
v
24%
11
Electric' Storage
',
>'.28%/Jan
25%
.100
it Tel
Low
.
Budd' CO •
Jan
*
Tel
Chrysler Corp
Cooper Brewing Co_——
29% Jan
Jann. y
Jan
Sale*.
for Week
of Prlceo
-:V
,
r'-
Baldwin Locomotive Wks
Jkn
18%
Jan
45%
Week's
Range
Sale Prloe
Par
'
Jan ..1:
7 ;
-v
27%
16% Jan.
474.
a54% a54%
i__
(F
39%
100
.4 Va
4 Vac
205
Jan
al3Va al3Va
(Del)
Teleg Co class A,
Electric Corp
72%: Jan
257
15 Va
226
26
:
■
a
700
.
39
Last
Jan
22%,. Jan;
625-
Jan
';./
72'/a
Friday
Jan
Jan
'•".18% Jkn
-
a40
15%
al627/8 al63%
STOCKS—
-•:
Co_4_^ll.l-l6f, !
Black Mammoth:Cons- Mng
;
17%
Jan
105% Jan
-
-1960,v
:;;397-:
a—
26%,
a__
:\\V.
Jan
■14 %
-r;
.,,/ir' 373v
50''
Jan
Philadelphia Slock Exchange
Jan
37%
10;
-, •
Jan
a—
9V2
39
a99%,
American Stores
?20%
7
45%, jan
^
24'/a
60
a25 a25%
v
•
Jan
51-
55
50
..
635
,
Jan
30
72 Va
■
Corp_
Westinghouse
33%, Jan'
33%
.
1,841
.,
Union
Jan
5%
Jan>
34%, Jan: V; .y
4^334.
-•
25%
a9Va
39
Jan
17%
,
27%
*>
Jan
15 Va
1V4. Jan
1.10
Jan
22%
,
Jan
8%
a386,k
20%
Inc
Jan
'ViY.
,712:
.
lav:;'.'. 11%,. r: 12:
^.Tnmsamerica Corporation,
Jan
16%. Jan-:'
-
150
;
Lines
Jan
6%
37;
i: 663
26%
Jan
26
27%
•
Jan
a
,
280
704
24'/a
a40
•
Corp:.
53'"» Jan
33fr
t
*-19%
-
Jan
35%
-
Jan
130;
■
l',022-
.
48%
46% 48%,?
CI, 60% i •r-. .357; 61
—,
1
.40
1,937.
1..: 13
3737!
28%
19
36
Jan
Jan
12fc
,.16%,;. 16%;;:-,- ; y. I 549 -i;
25.%;"
Western
Jan
49'7 Jkn'
.11475
■,:28%;4 29>:
25r-
Sunray Gil Corpi.__.
130
34t
.,
45c
33%, Jan.
500-
al4c..
.
a—
27
8%
a9 Va
5
10
Warner Bros Pictures Inc
Jan
33%
224
95
;
Jkn :••'.
20
\
Jan.
16*
V100:
r 245
.
Jan
Jan
13%
20 K' Jkn
.1,278
;
Corporation
Jan
4%
1,015>
50- 7
Air
8%
92%c Jan
JJ:
42 Va
*
19%
27
Co
U S Rubber Company:
Jan.
15%
507
33%
130
16%
-29
.
United
8%- Jan-
2.85
733
,
42 V4-
42%
Co^._
Oil
Pacific Railroad
Aircraft
Jan
800
-
33% -34%;,
50
'
—25
22
;
55%
United
52%, Jan: '
V
22
—25
—*
—
Co
3%. Jam
Jan;
:
55%
Company
Gulf Sulphur
Water Associated
1.20' Jam
20c
18 VB
36%.
Union
Jan
50
19
Union, Carbide. & Carbon
Jan
19%
35'A
Jan,
22%
4,800
l6'V4:i.;
is.
130
pfd__25.7.
Standard .Oil Co- of Calif
,
-
19%
Jan
16%. Jan
550
•/
20%;
33%
37; 4
convertible preferred^-—__25
Universal.
10%
35%
1%
34
185
4%'*f-.>-
20
.
,V'U
33%;:;
-
!___
17%
4%w'X\'.- 4-%i
.•1.37c,
-Textron Inc
15% Jan
Jan
—1
1.25
34%
1,365
6%'
17%- > -T5%.
SoJuihewn Pacifio Gompany„
,r
Jan
9V4
Col_—____—_y———25
Texas
13%
848
,
24
6%-
;
preferredi A—
•
•
1.00 .1.10-
V"—
30•
Southern California Gas~Co 6%
V
13%
*
Tide
2.25
160
A
;
42c
-
1,196
a!4c%
Wr
131
35%
25c- v
-
13%
-a527/8 a53%
.,-"x; Qrig preferredi--t-_-,.i!^_--__l,_-__-_25;
'
Jan.
635
25
——25
(N J)
Webster, Inc—
Woolworth
500
-34
23%
Southern Calif Edison Co, Ltd conu__25 ~
..
20
——*
:
(Ind)
Jan
7%: Jan*
10,700
17.%.
V
—— --
4i32.% ,cumulative;
42c
2.50
.
Signal: Petroleums Co ot Callfl_
.1
Sinclair Oil Corp——- v
.
Jan
1,775
25
Co
Oil
Jan
16c':; Jan
280 ;
,,a34% a35%
,
,1
Trading:; Cbrp__.__
Signal Oil & Gas Co A___-
;
20
10%
15
•
8% Jan*
2,000
13%
_iv.
•
3
60,
42c
"
__
,
170
2.30
2.40
11
common.
.
a8%
1
.
Jan
14'/a
4
Jan
1%
3%
a8%.
1
Sierra
,
100
8%
Jan
90c
:
1.40
""270'
Jan-;
1,240
;_i
,
Union OiL Corp-___!_____-—15
4.48%
Jan
20
.'
a48 Vb a48%
Btudebaker Corp
Jan
16%
Jan
270
500
22%
1.20* Jan
3,050!.
15% al6%
'
1
Sears Roebuck & Co.
\
Jan
17 V4
—
Socony-Vacuum Oil Co
Jan
21'
•
—
—
Republic Steel Corp
17%
22c
-
——
St Regis Paper Co
——
Seaboard* Oil Company of Dell—
Jan
8,200
1.20
Safeway Stores Ino
Seaboard! Finance- Co..
,
52 V*
Jan
of America
Jan
,31c>
■
Company
Corp
1.00- Jan
2,100
20%
a
Riohfield Oil Corp commonRyan. Aeronautical, Company--—
s-J
Jan
16%
"•••
Jan:
14%. Jan
2.50
Oil
18
;!
1.15
25c
;
1
______
Republic Petroienm uo
-
18
50'/a
210
—-J— -33%
—*
17
.•...
50
1.10
:30c
'
1.55 Jan
520-/
,
al7% al7%
1.25
Finance Corp aommon_^__. 10
Gas & Elec common
25
Co
Jan
985
17
14%
—-,-1
Phelps Dodge Corporation
Pullman,
Incorporated
738
;
6% .vlst' preferred______i_^__ii__-:. 25,
Pacific Lighting Corp common—
Seaurlty.
17%
51%
-2.50
Airways Corp
Jan*'
250
•
10
y
17%
a
al7%
Jan
167/a
4%.
9%
Jan
-Jan* 'h
2.05
13
—_
9V2
10 Va
Co
Pictures, Inc
Pennsylvania Railroad Co
55 %
2.40
....
Shell
Jan
2&%
Paramount
43%
a
Jan
.
10 %
1
Inc—_
Co
Car
Pan' American
*
a94%
.
Pacific Clay Products_______________
f
a
9%
340
Jan
13%
Jan
Va
220
9%
27
50 Va
17
Ohio Oil Company—,
54
1
Aircraft. Inc.;
Petroleum Corp
Drug
a__
20
American1 Aviation
17%
100
Occidental
Ranch
12
170
Jan.,
'
a
i
Jan
14%
North
United
Rice
340
Corp
7%
7-;
9-
550
V; :
alO%.aio%
55%
1
tines
Rexall
13%
Jan
Jan
10%
"'
"A-
'•
'
—
5%
.
Jan
27
51%:
5
RR
Central
10 Va
a—
9 V4
Inc
& Co,
Corp/
Jan
-
Jan
■
12%
Jan
4%
Jan*
a__
Jan
270 '
Ward
11%
70
al6Vt al7%
Montgomery
Nash-Kelvinator
13 V*
;
•
_—
35%
'
650
810
12% al2%
7
-
•
100
Loew's Inc
Jan
100
10%
<:v
Jan
13%
a457/8
Copper Corp
Jan-
7
1
Co
;-■
15%
Jan
34 Va
605
r
,
15%
27
13%
15
300
21%
Company-—
Jan
•
a_.
a__
a45 Vb a457/8
13%
Jan
/
10c
National, City
Ihc;_
Nordon Corporation Ltd—
Pacific
5 Vb
a
a__
27
a
Jan
a
5%
IOV2
10%
ll7/a
Canada—•
of
Jan
4,000
1
__
Monogram Pictures Corp
pacific
143
5
;.
8;
16%
80c
_1
"
Manufacturing: Co_*._„_
Northrop
709
11%
13 Vb
^
32%
,v
10c
Aircraft Corp.
Merchants
120
34 Vb
5%
—*
Corp—
63%
11%
lu
■;
Company
Oil
15%
34V«
1
———
Interlake
Jan
15%:
3
Graham-Paige Motors Corp
Greyhound Corporation
77% c Jan
31%
•
;
i
Jan
Jan
a._
9
a35% a36%
•
•
Foods
Jan
r
6.66%
Corp
Petroleum* Co
Menasco
30 Vb
Jan
5
40
Jan
a__
.
29%
135
alO
•
Corp
Electric
General
Jan
alO
*
Power
General
Jan'
Jan
75c
1
Angeles Investment Co__
Mascot
a—
250
5
8V4
Jan
7%
235
30 Va
5>i :•■■
v
.565
,
a20% a207/8
L
5
Swift &
Los
80
8:1/41 !
29%,
5
——
Electric Bond & Share Co
Jan
11%
;
•
Inc. common
Kaiser-Frazer
Lockheed
7%.
a47V8 a48 Va
5
—j
60
11%
10
common
Company.
Lincoln
al4% al4 V4i
1
j:_—1
(Del)
"A"
15%
24
__2
,
Jan
Jan
Edison
21
;?v
_i
Corp common
Petroleum
Lane-Wells
2%
Corp
Y)__
Consolidated
665
24
;
1
Motor Car Co
Oil
a57% a58 Va
__i.
Southern
&
159
77 %c
Holly Development Co
Foods
&•—
200
12%
Goodyear Tire & Rubber Co common..*
Intercoast
a
Jan
27%
a53% a54%
a54%
5
A
Jan
12%
27%
Co_
Edison
250,
32
Hilton Hotels. *Corp_—_3
Hudson
50
Jan
Commonwealth
15%
12%
Golden State Co-Ltd—^.-—*
Hunt
11
Jan,
22%
14%
'
& Radio
Stores
Garrett Corporation
General
a42% a42%
10%
Jan
•
1,530
*
Co
Farnsworth
9%
Jan.
Jan
21
4
t
.25
•'
52
Jan
15%.
•
Corp.
100
Jan
10%
24
55
a32i
a57% a58%
.
50c
9%
11%
—
a
47
58%
Tractor
1%
Jan
7
1,154
18,240
•
Inc
295
65
.y: Umn
Jan
7%
1
Inc
Co
47
11
25
Railwa^ Co
Co
North
Douglas
47
105
2
Jan
11%
%
Corp common..*
Corp
America, Inc
of
a40% a40%
47
Ll
,
.
55c
100
1
Steel
consolidated
Creameries
Iron
81
a—.'"
a40%
5
a—
10%
Jan.
2,815
.—
^—2.50
90
__15
-
Curtiss-Wright Corp common--^*-^-!
4%
55c
9
*
Investment Corp
Chrysler Corp
ft,
a23% a24%
9%
:ific
Pacific
Crown Zellerbach Corp
23 Yb
.
12%
13%
Certain-teed Products Corp.
Jan
95
a24%
Caterpillar
2%
240
.
-7%
IIIII2
common
Jan
35
17% Jan
*
23,340
6%
12
;
Packing- Corp;
29 %
Jan
Columbia Gas & Electric Corp___
Jan
55c
Broadway Dept Store
California
35%
Jan
33
Jam
12
;
1
12
•
OUi corp
Chica
Bolsa
Jan
28
Jan
Jan
vV; Low.
200
23%
23%
'
Blue Diamond Corp——;
33%
235
1,217
6%
Range Since January 1
High
1%
—__1
Company
common
Consolidated
Barnhart-Morrow
Basin
Low
—50c
Mfg Corp
100
28
35
•
3%
.1
.
Class
of Prices
35%
4%
for Week
Sale Prloe
'}'■
STOCKS-—
Jan
33 %
•:'r
Sales
Range
Jan
—
Canadian
Exchange
Week's
Last
Jan
15'/a
28
_____—
—___
Continental Oil Co
Friday
5%
Jan
5
Continental Motors Corp—
Los Angeles Slock
Jan
14
35%
34%
Consolidated
Wayne
702
250
Jan
16 V4
1
5%
14%
—
(The)
—
5
-5
Company
a__
14%
5%
Bethlehem Steel Corp
14%
.
-3
.13
Jan
9%
common——.^—
Aircraft
Warner
Jan
97%
Jan
14%
common;
Corpuiauu.il
14%
Jan
47/8
1
_____1
Radiator
Jan
91
3%
——10
common..;
Brewing
Ddyllte
U
&. Die
13%
85
33%
Case
Tivoli
1,030
a94
Jan
•4
Jan
13%
29 %
750
Jan
34 Vb
13%
620
4
Jan
a93 %
874
Oil
33 %
13%
—
Aviation
587
»
a93 %
Corp
Barnsdall
33%
a—
5
Baldwin Locomotive Works
Jan
33%
152%
a__
Fe Ry__100
(The)
Co
151%
50
;—
Santa
&
"
Superior Tool
Co
350
common.—__—5
common
Manufacturing
100
__14
Corp
Borden Company
Rickel
•
Tel & Tel Go.
American
2%
Jan
Jan
253
4%
1%
1
Jan
1.00
-
320
3%
4%
Jan
7%
Jan,
17
3%: Jan
1,800
52 %
29%
4%
80c
17c
4%c Jan
13%
3%
!'
Metal
High
Jan,
Jan
7%
Co
29 %
__*i.
Davis
Parke,
2
90c
15c
-4c
13%
17/b
Jan
1%
4
80C
1,000
1,500
52%
4%
Jan
2%
__10
common
Low
15c
4%c
1
Smelting & Refining
2
v
Jan
100
1,100
15c
4%c
Stocks—
8
Jan
17/b
4
15c
Amer
Jan
Avco
National
Range Since January 1
High
American Radiator & Stand San Corp_*
17/b
Jan
4%
50c
—.
500
1%
1%
17/B
Abrasive common.—
;
800
1%.
-1%
Michigan Sugar common^—
Mid-West
Shares
Low
10c
American, Airlines
1%. Jam
Jan
Gold Mines Company-
American
Products—
rer Week
Jan
14
1%, Jan
v
.
Calumet
Jam
15
*
Jan
1*
Screw
Sales
Range
ef Prices
Cardinal Gold Mng Company-i¬ —__1
cons Chollar G & S Mng Co
——1
Jam
21
Jan
300
4
Lakey Foundry & Machinery com____l
Masco
Week's
•
Par
Jam
7%
11%. Jan
1,178
v-
■
Jan-
4';?
common——__—l
common——
14%
11%
15
Jan
,
_
Last,
Sale Price
High
14%
700
,
544
—__1
,
(S S)
Low
7%
Drug
Kresge Co
High
Low
,
!
STOCKS—
Range Since January 1
7'A
common
Products
Shares
50
King-Seeley
Kingston
/.
•
r
Friday
for Week
•
2 V2
com
.
Car
Kaiser-Frazer
*ar
<-
30
Sales
Range
of Prices
:;
Sale Price-
35
EXCHANGES
RANGE FOB WEEK ENDING JANUARY
r-
(575)
Jail
2 Vr Jan
21
*
Jan
57% Jail
4%' Jan
2%
Jkn
22% Jah
36
COMMERCIAL: & FINANCIAL
THE
(576)
OTHER STOCK
RANGE
WEEK
FOR
CHRONICLE
Monday, February 2, 1948
EXCHANGES
JANUARY
ENDING
30
_
Friday
Stock
Week's
Friday
''
•
-•
STOCKS—
L-
>K
,.
)
*.-4.
<
Blaw-Knox
Columbia
y'
Pitt
Par
.; ■
,
130
lO'/sf''
165
&
Bolt
Eng &
United
States
Jan
15%
Jaa
10%
Jan
12
Jan
Jan
2
Jan
1 V 2
42
23%
85
39%
;
Jan
23%
Jan
26V*
Jan-
8
Jan
8%
Jan
25%
-
134
20%
193
19
Jan
20%
Jan
13
13%
216
13
Jan
14ya
Jan
3%
3%
115
3 Va
Jan
3%
Jan
47%
48%
230
47%
Jan
52%
36%
36%
10
"
Foundry—
40
'
30
'
13c
12c
8%
12C
6,200
40
Jan
39 V,
Jan
10
Jail
Jan
35%
100
8%
8%
8%
__5
15c
.
—
__
Jan
_!
7%
200
'Jan
40
Jan
40
200
7%
7'%
.
7%
Jan ; -;
7%
Jan
100
7%
.,-7%
1
0
:__
Westinghouse Air Brake
Westinghouse Electric Corp
IXii
Kaiser-Frazer
Langendorf
2
Corp
United
class
Bk
7%
Jan
7%
Jan
-
■
36 Va
•
Jan
36
Jan
248
35
35
Jail
37%
Jan
204
36 Vb
26%
12.50
35
20%
Jan
30
Jan
100
36
36
27%
SI. Louis Stock
;S
■
Friday
%
...
v.
STOCKS—
j
.
Sale Price
'
S
A
Co
Aloe
American
Low
common.^.————_—.5
Inv
(R H)
Building & Equipment com
Shoe
Brown
Industries
Columbia
3
' ;
Mig
Co
f
;
-
(Un)
Electric
General
Motors common iUii)„_
General
Shoe
common
8'A
National
Auto
Natomas
Fibres
Hydraulic
Can
15V2
15%
International Shoe
Laclede
Gas
1st
ti%
Jan
26
Jan
5%^
Jan
15
Jan
5%
8
.Jan
30%
20
8%
32
Jan
Jan
div
$5
100
327/a
Jan
33
Jan
95
8%
Jan
10
Jan
American
15
Jan
15%
Jan
xel 6t
€»c
100
15%.
Rice-Stix
Co's
34%
Jan
35%
53%
Jan
58 %
Jan
Phillips
28%
Jan
31%
Jan
Puget Sound
41
41
50
40
Jan
41
33
33
100
33
Jan
35
Jan
30
30
70
28
Jan
30
Jan
44'%
44%.
15%
16
—
44%
15%
■
;
~
:
Roebuck
Sears
Jan
Philippine
Long
1st
Incorp
Preferred
Jan
Rheem
Jan
Roos
Mi"
Jan
Ryan
Aeronautical
22%
Jan
5
29%
17
15%
16
22%
17
16%
25%
5%
Jan
Jan
23%
Jan
17
Jan
19
Jan
15%
32
Jan
San
34
75
13%
13%
50%
]3%
400
52
17%
15
Imp
180
Stores,
Jan
26%
Jan
23 %
Jan
7
Jan
Southern
Cum
Jan
36%
Jan
Jan
14%
Jan
Jan
55%
Jan
Exchange
Signal
Oil
Bandini
of Prices
Bishop
Low
'
10
4
29%
30
IVt
7%
Low
4VB
—
v-'^r7:
'■It:
6y8
Range Since January 1
High
1%
—
.2.50
:V'4
600
V V -r':.315V520
J;';
29%
High
California
Ink
Co
'
Corp
Caterpillar Tractor Co
Central
Eureka
Fuel
Preferred
Consolidated
Creameries
Crown
or
Amer
Zellerbach
Realty
Co
Co
&
Dorado Oil
'
':
'Lj.
48
6%
329
25%
440
48
31%
31%
a58
1.15
1.20
31%
1
2.15
Farnsworth
Food
"A"_
class
"III1"';
7%
a
17%
Foster & Kleiser
Preferred
V'N
Jan;v
7%
51
Jan
820
31%
Jan
33%
■
"'--v
Linen
Service
35%
2,034
34%
34
Jail
33%
.
___
Jan
6
36%
Jan
Jan
35%
30Va
Jan
,31%
Jan
27 Va
Jan
29%
Jan
1,136
52%
Jau
53 %
Jan
103
285
102%
Jail
25
25
93V2
504
25
Jan
93%
70
92
Jan
10
a—
95%
• :
a48 Vs a48 Vs
72
72
,
775
100 Va 100%
10
72
12
103
Jan
Jail
25%
Jan
a__
Jan
72
Jan
97
'
100 Va
40
53
54
25%
12
90
23%
385
a31% a32 Va
81
54
__
,
—
Jan
75
Jan
100%
Jan
22
<
Jan
12
.
Jan
Jan
61%
Jan
Jan
%
43%
Jan
Jan
49
54
Jan
23
Jan
30%
Jan
33%
Jan
33*/b
Jan
22%
1.628
22
Jan
17%
17%
202
15%
Jan
18
Jan
30 Va
31%
160
30
Jan
31%
Jan
4%
4%
600
4%
Jan
4%
Jan
20%
22%
17%
20%
215
20 V
Jan
20%
Jan
4%
23%
Jan
'
lie
51,900
9c
Jan
11c
34V8
547
34 Va
Jan
36%
Jan
32 Va
32 Va
100;
32%
Jan
35 VB
Jan
-
—
130
130
130
18
31 Va
30%
31 Va
2,775
30%
Jan
24%
25
781
22%
Jan
Jan
130
Jan
140
Jan
Jan
33%
Jan
25
Jan
28%
28%
789
28
25
34
34
50
34
Jan
33%
Jan
•
47
49
1,009
46%
Jan
50%
Jan
260
22%
25
—
Co
23%
23%
23%
2
alO
alO
alO
60"%
55
61
8,539
_10
19
19
125
10
Cai—
Associated
Oil
20%
20%
1,292
Corp
Co
Air
5
Calif
of
—
25
23%
.12Va
Sugar common
11%
117/a
2
Western
20
18
VB,
22%
18
12
%
28%
Jan
'
30
—*
common
Oil Co of
Oil
25
1
Inc
Water
Union
*
10c
25
preferred
Pacific
ovutnerri
Lines
Air
23%
Jan
Jan
10
Jan
10
Jan
54%
Jan
62 Va
Jan
19
Jan
20
Jan
20%
Jan
24
Jan
"
"
;
6,234
11%
Jau
13%
Jan
20 Va
200
16%
Jan
20 VB
Jan
23%
2,021
22%
Jan
26%
Jan
Jan
*
-
18
100
18
Jan
20
10
17%
183a
885
16%
Jan
18%
"
73%
75
474
72%
Jan
78
Jan
10
Corp
39 Va
40%
360
39 Va
Jan
42%
Jan
Corp
common—
Consolidated Oil
8%
1
Fargo Bank &
U T—
Indies Sugar
Cab
58
Jan
58
Jan
Co
_
8%
Jan
300
8
296 %
297
16
295
22%
22%
252
22%
Jan
22%
Jan
17%
17%
251
17%
Jan
18%
Jan
10
100
...— —
common
Unlisted
22%
1
10'/a
200
10
Jan
11
Jan
Jan
V
8%
1
;
Jau
301
Jan
Jan
Securities—
Air Reduction
1.15
2,151
Jan
1.30
Jan
American
23
442
22%
Jan
23
Jan
American
14 Vi
Jan
5
15%
Jani
American
Rad.ator
American
-
17%
a
40%
*
50
14%
I
17%
Jan -.
17%
Jan
25
28%
Jan'
28 Va
Jan
3%
7%
Jan
40%
Jan
43
Jan
14
Jan
14%
265
;
v
,
8%
*
2>/s
2%
610
2 Va
Jan
2%
Jan
7%
8
250
7%
Jan *
&%
Jin
•
12
12 "
'
12
29%
1,337
29
94%
94% '
235
29%
94%
65
-
Jan
Jan
13
al3%
al4
195
13%
Jan
14'A
Jan
51%
52%
322
51%
Jan
54%
Jan
151
151
1,794
150%
Jan
152%
Jan
TpI
American
Viscoe
Jan
34
Jan
93%
Jan
98
Jan
to
•
Tel Co
151
100
14.
Corp common—*.*
Woolen Co
V,
Anaconda
a53Vs
a53 '/a a53 VB
"
50
m
476
41%
Jan
43
609
33%
Jan
33%
a__
108
14
Jan
14
43
42%
43
50
33%
33%
33%
13 Va
101
13
Jan
14
Jan
58%
58%
14
58 %
Jan
58%
Jan
Mining
Co
&
4%
4%
710
4%
13%
13%
13%
350
13%
Jan.
93
Jan
—.5
Co
(111)
5
common
'.
Jan
13%
0
8%37%
*
♦
8%
100
8Va
Jan
8%
Jan
37%
115
37%
Jan
37%
3%6%
—1
37
——10
-
1,750
35
36
3%
3 di
6%
6%
16%
Jan
35
Jan
1,700
395
731
;
19%
"
Jan
40
Jan
Jan
Jan
-4%
Jan
14 Va
Jan
93
■
Jan
"
Atchison
Atlas
Avco
Topeka
&
Santa
100
5
Fe
Corp
Manufacturing Corp
common
~
93
93
93
a21% a21%
,
47/a
101
•
54
•
•
a__
a—
5V«
410
4%
Jan
al4Va al4%
3
37
318
2%
6
6
a27
a27
4
Jan
6%
Baltimore
&
Ohlo
Jan
Barnsdall* Oil
Jan
Bendix
Jan
7%
Jan
37
Jan
37 Va
65
14%
Jan
5 Vs
Jan
6
Jan
Co
Aviation
Bethlehem
RR
Steel
100
"ommon
capitals
Corp
_*.
common
11%
5
12
a34% a36V8
438
11
100
5
28%
28%
28%
445
new———*
34%
33
34%
3%
3%
4,238
Jan
13
Jan
a—
1,252
_———'
15
Jan
a—
28 Va
Jan
29%
Jan
33
;
Jan
34%
Jan
4 Va
Jan
Jan
100
.25
3V4
13
Locomotive
3 A
"
37
Jan
Jan
16%' 17 V4
36'
1
Jan
a—
•
com——
Mining^
Copper
Argonaut
Armour
14
.
Jan
Vb
'
14
Sar
Refining.
5s
Smelting
American
American
•
etd
—
s—
Jan
157
'
&
a—
3
340
*
Foreign Power
Power & Light
270
a
140
7%
&
Jan
75
3%
7%
—*
Lines
62
-
3%
—1
Air
Jan
14%;;.
a25 '/a a26V8
••
Co
Alleghany Corp
a.
6
Jan
Blair
&
Boeing
a—
Borden
Galland
10,741
a__
*
;
57%
14%
■'
■
,
33%
Jan
8
»•
Jan
Jan
228
a27% a27%
*
common
34
Western Dept Stores common—__—50c
Jan
5
———
34%
Jan
5%
Co—
460
al7%
__
__5
———
Radio
a__
450
Jan
34 VB
Jan
260
Jan
48
115
;
'
A common
&
8
10
5%
Jan
11 Va
Jan
5
)
59%
14%
common...—15
Television
50
.
45c
11c
i5
59%
59 V*
*
Machinery Corp _'.
11
-
•34%
—'Uimon
22%
2.50
1
*
a7%
5%
___10 pesos
Wells
244 r Jan'
35
•
670
a57%
•
5
—
Jan
Jan
Jan
Inc common
Works
Jan
40%
450
a7%
5
capital
Edison
Convertible
Baldwin
El
11%
72
Jan
41c
2,000
al3% al3%
1
common
West
4%
1,290
40%
Emporium Capwell Co common
Corp
:
45c
Jan
Jan
37
310
10
70%
50
37%
5%
.
J
Victor Equipment Co
4 •:? Jan
—25 "
Eureka
71
37
11V4
*
—
Jan
150
'
Chemical
70%
42c
—
^_i
Jan
j i;
4%
$4.20 preferred
Dow
Jan
37%
pfd__100
;___
6%
Jan
4%
>
A
$3 cumulative preferred
Doernbecher Mfg Co
Jan
,1.70
Jan
Jan
Corp common
Di Giorgio Fruit Corp
Class B common..:
11%
Jan
10
Jan
v',"
Corp.——
Jail
1.65
190
Jan
Jan
8Va
common—
Air
11%
200
10
*
5
7%
7
27%
—20
Vultee
1,880
1.70
10
..
39
Universal
Jan
■
—
11%
11%
1.70 >
1
220
Jan
7%.
a
Edison
Jan
785
32%
25%
•
1
Commonwealth
10%
58%
Jan
7%
common—
Consolidated Chem Ind
Jan
39%
U S Steel
25%
.
Iron
9%
■
Mining Co—__
&
350
12
Jan
3/
6V2
Clorox Chemical Co
Colorado
Jail
9%
39
4%
6%
common-
Corp
716%
57 %
American
Chrysler
Jan
15
-
•
United
6%
V"'
2
capital...
Packing
600
<
Co......P100
Jan
260
Calaveras Cement Co common.——
California
15
9%
*
1%
5
".V
;
6%
:
_
J<m
15
,
Jau
,30
'
Yellow
capital
Jan
1.80
102 3%
Jan
6
Co
Byron Jackson Co___
Sugar
261%
Jan
4
Jan
%
1,750
-
254
.100
Oil
Calamba
Jan
1.15
_i
preferred
Union
—1
A__„
Jan
26%
2,910
29
53%
Co—
Transcontinental &
Shares
1
N
28%
110
1.75
52%
Pulp Co
Calif
Transamenca
Sales-
1%
Petroleum
Bank of California
200
26V2
..10
...
Ga.
&
Soundview
Tide
for Week
—20
Engine
Jan
712
;
Tel
Inc
OiJ
Union
Jan
50%
Range
_50c
Diesel
35%
414
Super Mold Corp capital
Week's
Par
Atlas
Jan
30%
—;
Roebuck
Jan
13%
350
•
Sale Price
STOCKS—
Bank—
35%
Jan
34
Last
National
Jan
-.-100
1.45
15
1UO
Mauricio Mining.**.
Sears,
%
24
2J
20
7
34
__
5
Friday
Calif
16
29%
Manufacturing Co
6%
10
23'%
6%
...
San Francisco Stock
Anglo
Jan
Jan
31
22%
152
25%
23%
—
50
—
Jan
14%
30V2
Co
Bros
150
.—10
Co
9%
93
a
,29
^6%'
—25
16
400
common
Mg
Jan
340
15%
29%
pfd—
common
45%
Standard
G
9%
9%
16%
a
30%
...
Jan
Spiegel
Juneau
Jan
29%
Sperrv Corp
Alaska
Jan
35%
25
Corp.....
Equipment &
Rajonier
Jan
25
Mfg Corp
25
Jan
—.25
i
Southern Cal Gas Co pfd ser A
Aireon
Jan
35
1.75".,..'
25
common..
Dist
15%
5'/»
common.—-
23 Va
213
Pulp & Timber—__
44%
29%
—
Electric
Wagner
500
35
a33% a34%
15%
*
Petroleum
58
5 Va
———i..*
Fuller
&
25
35
9%
a
5
common
350
29%
A
Jan-
25
Oil
-
25
common.
28
Jan
._
.10
Louis
Jan
100
50
20
Louis Public Service class
26%
5
Freferred
162
,.4
St
Stix-Baer
Elec Co
Richfield Oil Corp
St
30
0
i
i'ei comuiou
124
5
common
Car
B__
common..^..——
Western
28%
•
(Unl—
a27
35
10
preferred
34%
common
common
a27
i
Public Service
Pacific
Shell
North
Jan
_j
Jan
55'%
100
common
15
Lighting; Clap common.!
Safeway
McQuay-Ncrris
Jan
.100
preferred
34%
«
__5
Missouri Portland Cement
11
1
,
Oil Cons.—
preferred—:
28%
*
common.
6,070
i.^100
com
preferred
1st
1st
53%
Brewing
common
Laclede Steel
Jan
14%
J—ll'/a
__7—
Aggregates
Pacific Gas &
tin...
13%
150
9
Co
34%
common J
Laclede-Christy
Jan
65c
Clay Products capital—.—*
54%
—
.
34%
Jan
13
1
Coast
10
preferred—.
Jan
-
29
preferred
»
common
Brick
P
Jan
60c
10
common
Mining Co.".
Auierican
Railway
Huttig S & D
Jail
20%
,
34%
10
Company
Park
25
:"200
30%
8%
——
Griesedieck-Western
'
34%
Jan
3% Jan
•...':.:::■
.
Paraffine
General
Jan
56%
-
100
_1
couiuion
Pacnic
Range Slnee January 1
>•
50:
V
32% A32%
__
1
Falstoff Brewing common.—,.—
18 Va
<
...
Pacific
Low
8
30%
5
common..—.
305
2.50
Jan
Jan
400
-
Share*
15
8
__
__
common..1
Brewing
"
Jan
-
3%
•
Jan,
13%
1
Morrison Knudsen
Pacific
Clinton
-53
500
i—-I
Marchant Calculating Machine
Co Inc.!
!
jttcuasco
Pacific
Sale*
for Week
25
14%
15
—15
common—
1.60
-
2.435
Jan
v,
19%
24
Meier & Frank
Pacific
Bank
Jan-
62c
common
Oliver Utd Filters
High,-
25
__
—1
common*.
:;
of Prices
Par
r.
-
18 %
62c
i*)
...
Llbby McNeill & Libby
Aircraft Corp
New
Exchange
Week'*
Range
Last
•!.
,
,
" -15,445
a
3%
,
:
Occidental Petroleum
;
2.40
54%''
3%
34%
-J
•'A"——*
Lockheed
5V2%
—
"1,229
2.15
'53
-
34%
"
pesos
common—_x—„_L
Leslie Salt Co—
Nortn
.
V«
._
——20
North American Investment
.
.
'
Mining Co.'—
Macy & Co
■■-,
Vanadium' Alloys Steel.—
2.35
43
18%
19
a—
18 %'" :18%
Power Co——.
High
>
Jain
17
25
Jan
'
—1
common—
c—<-
18%
•
'
;
Jan
1
Glass
Common v t
Idaho
18V*
'
--535
a89% a89%:
Motor Car. Co
Hudson
LOW
;"
17- -17%
•
a89%
——1
CO—.—r;
Class B
'
*
Corp
.17
Co Ltd— .J—•
J—__1
Holly Development.
Honolulu Oil Corp
—-i. I—J
Plantation
Range Since January 1
High
1
Pineapple
Honolulu
.
Sh»r«*
Jan
*
—
—
Mining
United
30%
Jan
Jan
;.'8sl**-.
f*r Week
af Priest
Low
Jn<5_-_—
Stores
Bros
Hawaiian
High
20
—__10
Par-'".;'
Hancock Oil Co of Cai A——J. —*
14%
100
■
Hale
.
28%
>-
8%
23%
2C»/_.
Glass
Plate
Screw
v
27%.
8
»
__
Supply—....
—.
2
25%
—i.
Refractories.
preierred
Toy
85
14%
-10
—
Gas——______
Pittsburgh
Pitts
28%
14 Va
2
>
LOW
28%
7-1
f.,
Range Sinee January 1
High
10%
Commercial Corp.
Fuel
.•I,
Share*
28%
Pittsburgh Brewing common
Ban
Low
_—
Brew.ing.___
Mountain
$3.50
•I Price*
14%
Walker
Star
Bala Pric*
'
Electric—
&
Follansbee Steel
Harbison
/'
■
'
Rang*
ffala-Prl**'
STOCKS—
{''V7
for Week
,
+
t
■
Range
Co
Gas
Continental
Lone
■'
•
Ludlum Steel
Alleghany
Fort
•
f
Salea
Last
W*ek'«
Last,'.'
Exchange
com—
2
5%
5%
5%
300
5%
Jan
5%
Jan
General Motors
Corp common
10
55
55
55%
954
55 %
Jan
57%
cum
Co
Inc
capital-
Bunker Hill
&
1
—
3%
3%
*_
a24% a24 Va
70
—.„—15
a40Va
a40V» a40%
160
17%
1,900
Sullivan———
2%
17
17
Jan
'
com—i——i—_—_5
Cap
25
Jan
J 26%
41 Vb
Jan
41 Vb
Jan
17
°
Jan
17%
Jan
Jan
Jan
Gen Paint
Co
Airplane
Corp
21
20
21
390
20
Jan
20
Jan
Canadian Pacific
17%
17%
17%
3,388
17
Jan
19V8
Jan
Chesapeake
7 80
70
Jan
72%
Jan
Cities Service
10Va
Jan
12
Jan
Columbia
preferred—-
Case
Golden State Co Ltd
4fr
common*.
preferred
Greyhound
Corp.—
•
70 '
—.100
—3
V--
—.
70
10%. 10%
'
100
Railway—
(J It & Co common
&
Gas
Ohio
Co commnr
«fe
25
!
_____25
RR-—
Electric
25
„—10
_x—
11
_.
43 %
„
11
600
10%
Jan
11'A
Jan
43%
43%
100
43%
Jan
43%
Jan
.43%
43 Vs
443
43
Jan '
44 %
Jan
35%
Jan
35%
Jan
10%
Jan
11
Jan
,a33% a34%
10%
10%
20,
150
v
-
•
THE, COMMERCIAL
167 Number 4669
Volume
OTHER
RANGE
Friday
Week's
Range
of Prices
Solvents
commonwealth
Consolidated
Cons
&
;
southern
Edison
Natural
Low
a22%
Gas
Co
Co
Concinental
Motors
Continental
Oil
of
22
■:>.
Electric
Eond
Eoard
.10
—.
General
Food
1
Jan
5% Jan
(
28%
823
27%
5
950
4%
30'a
Jan
105
20%
Jan
22%
Jan
Motor
American
Jan
114%
Jan
Pullman
Jan
35%
Jan
39
Jan
__
36
386
36
a52% a52'/a
35
a__
a42% a43'/2
"
a43%
common..
100
a__
5%
350
4%
a—
10
975
7%
Jan
14
4%
Jan
10
20
Corp
Co
&
1
2.30
•
a27%
;
Canada
Tel
Co
•
a37%
•
a46%
Loew's
•
a
2.15
Inc
National Distillers
_—
10
?
Jan
4%
Jan
Jan
12%
Jan
14
Jan
14
520
41
a46% a46%
a__
20
16% al7%
280
a—
___
47%
Jan
47'a
Jan
16
Jan
18%
Jan
17%
^ 432
16%
Jan
17%
21c
1,300
J9c
Jan
22c
50 '/8.
Jan
53%
Jan
50c
Jan
51c
Jan
19c *
v
a50%a5l%
51c
50
1,300
Jan
Jan
17
17
260
16%
Jan
19%
19%
315
19%
Jan
21
Jan
14%
14%
100
14%
Jan
15%
common
10%
947
8%
Jan
15%
15%
420
* al9% al9%
50
,
10%
.10
Railway
100
al9%
17
Jan
10%
Jan
15%
Jan
16 %
Jan
20
Jan
20%
Jan
CANADIAN
RANGE
Montreal Slock
Friday
Week's
Last
Range
Low
•
com
preferred
Agnew-Surpass
Steel
WEEK
&
Trac
Jan
Jan
1.00
100
*,Jan
100
Jan
8%
£'%
9
51
212
13
;
•
26
•
!_
20
164
100
8%
2,260
47%
270
•
Jan
-24%
Jan
of
•
8%
8%
301
8^8
Jan
8»A
8'A
551
King
Coalition
y.
Corp
On
60
Ed
Cai
i
Ltd
Standard
Oil
Sunset
Co
McKee
24%
Ltd
Celanese
common....
$1.75 series
series
Canadian
Converters
a
27%
Jan
29%
Jan
26
Jan
26
Jan
648
70%
Jan
77
Jan
1
i9y8
191/4
305
19
Jan
20%
capital—
Jan
15'A
15%
110
15'A
Jan
15%
Jan
10
...
.
36 Va
35
36'A
Jan
36 V\
Jan
54%
56%
1,160
54 Vb
Jan
59 y2
Jan
25%
25%
240
24%
Jan
26'A
Jan
United
Corp
Delaware
1
2%
2 Va
100
2%
Jan
2%
Jan
3
of
Utah-Idaho
Sugar
Warner Bros
West
—25
Coast
Co
!
common
Pictures
Westates
Petroleum
Preferred
ENDING
3
Canadian Cottons
Class
Ind
6%
11%
13%
13%
40c
40c
5'/a
5%
5%
1,835
a
b
v
Tar
&
Chemical
Consumers
Glass
Dominion
Red
Dominion
Dominion
,5%
Dairies
Textile
Dominion
Rights
Dominion
Foundries
&
Steel.
Electrolux
Corp
11%
Stores
125
26%
Jan
27
Jan
26 V*
425
2 6'A
Jan
26 y2
Jan
20 >/2
215
20%
Jan
!, 21%
Jan
2,709
11%
Jan
10
103%
Jan
105
Jan
10
25%
Jan
28
Jan
ny2
11%
103 v* 103 Vb"
...
Players
35c
35c
1,000
Co
27
27
class
Ltd
For footnotes see page 40.
b
High
12%
class
16%
Jan
18%
130
18%
Jan
19
Jan
16%
60
16%
Jan
17
Jan
13
13
100
11%
Jan
14
Jan
19%
19%
40
19%
Jan
19%
Jan
„•
16%
17'A
585
16%
Jan
18
Jan
*
22%
23
130
22%
Jan
24%
177
19%
Jan
20
Jan
Jan
13
•
a...
Canada
of
27
"
18'%
1
Heating Products
Jan
Jan
Jan
80
...
Corp
Canada
Jan
60c
Jan
715
25
Jan
26%
Jan
35
61
Jan
63
Jan
19%
com.
19 Va'
Jan
Jan
35c
Power
25'a
26
g1
19
20 >a
850
160% 167%
849
■v;
13
Jan
7%
Jan
5 r/o
preferred
General
19
Jan
22
Jan
168%
Jan
50
Jan
108
3%
25
2%
Jan
4
15%
15%
preferred...
100
15%
175
15%
Jan
Hamilton
104%
45
104'A
104'a 104 y2
.
- v
50
75
14%
15
200
♦
inc
preferred
«fc Alabastine
50
•
Goodyear Tire 4 %
Gypsum Lime
160%
104
3%
General Steel Wares common
5%
104
104
„__100
Bakeries Ltd.
■7
7
327
50
Bridge
50
14%
16%
Jan
104% Jan
52% Jan
Jan «y
Jan
15%
Jan
7
Jan
Jan
7
Jan
Jan
Jan
10
Jan
11
Jan
Howard Smith Paper common
17 y2
Jan
19 V*
Jan
Hudson Bay
27%
*
preferred
47
50
Mining & Smelting
•
47
45%
'A
135
27%
27%
Jan
30%
Jan
47
25
47
Jan
48
Jan
47 Va
3,087
43%
Jan
47'A
Jan
15%
5,602
15%
Jan
16%
13%
3,150
12
Jan
14
24
jan
24%
Jan
Imperial Oil Ltd
1——•
15%
15%
10
95
Jan
96%
Jan
Imperial Tobacco of Canada common_5
13%
12%
6%
6%
500
24%
24%
32
32
3%
6%
3%
29 v2
3%
4,700
25%
26
215
2%
2%
155
22
22
.130
Jan
4
Jan
26
Jnn
2 Vb
1
367
-
22
Jan
Jan
Jan
-29 y2
24
Jan
Jan
30'%
Jan
17%
28
10%
,„
12%
17%
215
27 Va
28
626
27
Jan
28
25
100
25
Jan
25-:
10
10%
350
10
Jan
11
100
100
10
100
12%
13
1.805
Jan
International
6%
Bronze
17%
Jan
19
.
11%
11
12
Jan
13
—25
24%
24 Va
24 %
30
-.24%
Jan
27
Jan
•
32%
32 Va
33
2,875
32'%
Jan
34%
Jan.
15
54%
•
14
common
preferred
:.
Nickel
of
Canada
455
11
Jan
International
Paper
International
Petroleum
International
Power
Utilities
Ltd.
Co
...
56
14
52
46
51%
135
.
Jan
13%
1,425
46
Jan
15%
Jan
46
2,726
13 %
—*
common
Jan
Jan
V
Jan
50
Jan
Jan
59
12
350
11%
Jan
12%
14
14
150
14
Jan
14
120
40
Jan
40%
Jap
Labatt Limited
75
25
Jan
25
Jan
Lake
22%
Jan
23%
Jan
Lang & Sons Ltd
35
Jan
37
Jan
Laura Secord
5,261
36
355
,
Jan
'
11%
12
15%
16
705
63%
300
,
535
liy2 Jan
15% Jan
101 Va
63
62%
36
36
25
36
21%
21%
150
21%
Jan
15
15
50
14%
Jan
v
(2
Jan
of the
Bros
Lindsay
25
25
5
25
12'A
12'%
496
12
19
25
19
Jan
19
Jan
16
10
16
Jan
17
Jan
15
5
15
Jan
'15»A
Jan
12
12
100
12
Jan
12
Jan
10
10 %
9%
Jan:-
10%
Jan
7
Jan
16
15
*
*
MacMillan
common
Export class a
Class b
.
,
•
10
*
Massey-Harrls
15'/2
Jan
McColl-Frontenac
25
———
Oil
new
com
13%
Jan
7
7%
1,175
17%
18%
2,081
17%
Jan
19
Jan
•
10%
10%
11
2,585
10%
Jan
13%
Jan
20c
Jan
85c
Jan
16%
Jan
19%
Jan
20c
20c
Mitchell
Jan
7
18'/a
40c
-
53,003
7%
Jan
Jan
925
*
*
Jan
Jan
.*16%
16%
36
36
36 Va
325
36
Jan
37 %
Jan
11%
ll'/2
125
11%
Jan
11%
Jan
15%
■15%
16'A
860
I0V2
Jail
16%
16%
(Robert)
12'a
12
12'A
12
Jan
13
Jan
Molson
27%
29 %
860
26%
Jan
30
Jan
Montreal
15
13%
15
8,392
13%
Jan
15%
Jan
Montreal
Telegraph
..40
5
100%
96 100%
3,071
95%
Jan
100%
Jan
Montreal
Tramways
.100
Murphy Paint Co-
155
Jan
19
■
.
3
29'/a
85
Jan
32%
30
19
...
22%
Jan
>a
25
Jan
125
24 %
30
(John a)
Ltd
(c w).
Jan
30
24 y2
•
common
Jany
24%
70
•
(John)
Woods
36%
-
Corp
Jan
Jan
64
Jan
Jan
17
Jan
21v2
13%
I
Jan
Jan
11%
22%
36%
Jan
32%
5
35
35%
25%
Jan
International
22 >A
25
Jan
32
32
Jamaica Public Ser Ltd common.—_♦
35
•
24%
70
a—___•
class
Corp
Jan
22%
*
Accep
Jan
....
Jan
Jan
Jan
55
-
Industrial
13
40
16
6%
Jan
25
12
25
—
Jan
12%
40
•
preferred
,
6%
Jan
2y2
International
25
*
4'A
£1
—
■
90
29%
3%
25
preferred
Ltd
Breweries
35 y2
Jan
38 %
Jan
25
25
75
25
Jan
26
17%
18%
1,205
17Va
Jan
20
Jan
29 v2
29%
30%
780
29%
Jan
32
Jan
National
25
16%
16%
17%
1,560
16%
Jan
19-
Jan
National
common
Locomotive
Works.
160
Jan
48
48
48
207
48
Jan
48
Jan
35
32%
35
506
32%
Jan
36%
Jan
22 Va
^
22%
100
43
44
830
22
y2
Jan
23%
Jan
Jan
45
Jan
Jan
18%
Cottons
—
National
Breweries
44
common
&
Drug
Steel
Chemical
Car
pfd—.
42
11%
11'a
50
20%
21%
841
42%
—
9
,9%
1,259
9
Jan
10
Jan
Niagara
Wire
—
26
26
130
26
Jan
26
Jan
Noranda
Mines Ltd
24
Jan
28
Jan
Ogilvie
24
24
24
10
1.20
1.25
3,647
Jan
1.95
Jan
34
34
125
34
Jan
34 va
Jan
Ontario Steel
Jan
Ottawa
Jan
Ottawa
1.10
25
15j/2
15'A
16 V*
1,410
15
Jan
] 8 Vb
*
26
26
26 Vt
200
26
Jan
26 %
,
7%
Flour
Mills
l
h
&
Jan
Jan
11%
Jan
Jan
22%
Jan
42
Jan
25
—..
2 5'a
75
25
Jan
25%
Jan
48
1,030
46
Jan
51 ya
Jan
26
26
320
26
common..
__
25
46 Va
100
162%
Rwys.———
Power
162% 162'%
5
26
162%
Jan
Jan
17
17
25
17
31
31
34
1,575
25
Jan
common
17'a
17
17 V*
555
16
Jan
28
Jan
165
.
Jan
18
v
Jan
Products
Electric
44%
11
20 Va
,
48
Weaving
preferred
42%
75
42%
5
Corp
"
35
*
v
21%
..25
preferred
1.25
Coal
Low
26 %
125
*
common
Range Since January 1
High
95
—'
Glass
Dominion Steel &
Dominion
—
Jan
28%
a—■
—-
20%
■»
common.
*
common
—
Jan
26 >a
26'a
23 v2
Paper 4vg'yb preferred..100
'Dryden Paper
1
i
*
Eddy Paper Co Class 'a' pfd
—20
7 r/c
preferred
a—
;
26%
a
26%
Donnacona
•
preferred.
Jan
Jan
6'A
Low
«
preferred
*
Bridge
Jan
Sale*
24%
*
Dominion Coal .6%
a__
Share*
95
Davis Leather Co Ltd a——a——-a*
Distillers Seagrams
46c
for Week
of Price*
common..1•
c
t
Montreal
Smelting
v
280
Week'*
Rang*
Sale Price
•
&
Jan
Jan
30
•
Mining
Jan
MARKETS
JANUARY
25
Locomotive
Pacific Railway
Consolidated
30
Jan
13%
5%
275
a45'A a46l/s
24
__20
class
Canadian
a20
26%
a
a46
lo
24%
.—25
pld.
Canadian
19%
26%
a20
12%
com
common
:
980
1
w)
40c
3%
Jan
40c
43
12%
13%
840
•V
"
Jan
11% Jan
250
11%
13%
Jan
preferred—..25
Alcohol
I
3'/a
11%
.
Rights
Canadian
a
1
common
Western Union Telegraph a
Westinghouse Electric Corp
(f
,
5
5
:
Wooiworth
56'/a
5
Life Insurance
36%
a
25
common
23 %
25
;
Jan
285
Jan
20
$1
—4-
Jan
16%
227
22
•
;
i
«
16%
5
Company
Famous
7
*
b
common
a
.
72»A
28%
675
•
Canadian Car & Foundry common
Canadian
29
a25y8 a25%
a25%
22%
pfd—.100
Breweries
A
Jan
Corp
Lewis
Class
Jaan
15%
a...
Aircraft
Texas
Foundation
80
50
Canadian Bronze
16
452
22
•
->
—
Co
82
286
15%
22
*
common
Cable
5'/a
16%
a
Jan
40
100
•
Safeway Ltd 4 'a %
Steamship
Jan
Jan
United
Electric
1,155
2,788
♦
Al
Corp
8%
26%
70%
•
Swift & Co capital
Jan
224
Jan
25
Canada
&
80
10%
100
Power
a5
25
j
n
common
Co
&
; -A/M
!
Canada
preferred
150
7%
18%
_100
{.,
common.;
Northern
Jan
Jan
28
Inc
of
Corp
Enamel
12
10%
Forgings class a
Canada
•
13
18 y2
•
preferred
13
10%
Bunding Products
Cement
Jan
9%
Vb
8
15%
1G %
*
25
pfd.
Class
Jan
30
24 'A
16%
5
15
common
Brands
Studebaker
$2
—:
a__
a...
250
25%
common
♦
common..
Canada
America
Jan
56
Jan
210
560
18%
22
Canadian
52
214
24% :
*
•
Wire
25
"
Bruck Si;k.Mills——1
5%
19'a-dan
155
61
.
*
Power
Corp
Jan
Jan
24'A
-
60
2'a
Canada
1,990
7%
—*
$1.30
211
24 y2
•
100
Power
b
Canada
48v2
25
Pap class a
Oil
Jan
48 '
27%
English
a.
Light &
22
Jan
Jan
Columbia Forest Products
Col
Jan
19
•
<•«: y
Class
20%
38
100
conv
preferred
Columbia Eiec * a
British
Jan
Jan
Corp.-
#
British
17%
.Jan
Teleg preferred!
American
3%'a
Jan
17%
pfd
Bralorne Mines Limited
British
15
37%
.telephone
British
2,644
75
,
&
Pow
Brazilian
15%
Hign
—100
Asbestos Corp
Beli
Low
35
-
Associated Tel
Bathurst
Range Since January 1
17%
Argus Corp Ltd common
4%% preferred
r
Share*
37%-
„
17%
•
Warrants
Jan
45
a
1
Dominion
for Week
•
Electric
Jan
%
41%
365
430
Par
17%
z.1*
_*
4%
20
2 8 VB
Last
High
42%
•
Gatineau
Amalgamated
•.x'
15
19%
20 ,'
!
Shoe
Can
Jan
49%
Friday
37%
a.——i
of
a48%
stocks—
19%
common
Co
a49%
a21% a23lA
Repuonc Steel Corp
LISTED
FOR
19%
Aluminium Ltd
Aluminum
15%
20
Acadia-Atlantic Sugar class a
5% preferred!
iAlgoma
21
42%
Sale*
oli»'ricea
y:yy; Par
preferred
56
2 y8
27%
Exchange
6ale Pric*
STOCKS—
$2.50
Jan
Jan
18
•
Canadian Fonda
Paper
2%
150
265
42%
Jan
9%
v
capital
&
Jan
•
Corp
Jan
50c
II
Radio
Standard
2.35
.
Aviation
Power
Jan
2j/2
a23%
Socony-Vacuum Oil
27%
Prod
Co
10
21%
common
Sinclair
Jan
a
„
American
Jan
Jan
18%
33 %c
Jan
7%
Jan
13 Va
....
North
Jan
4%
9'A
19'A
-
422
.2%
;
18%
—25
-
Jan
36
2.15
5c
American
315
.
18%
—
50
lnc
Oil Co
Silver
a—
26%
17%
North
1%;
—
.
,
Jan
4%
1,150
10:
19%
Jan
40
_______
Corp.
'
5%
7,250
Navigation Co
City Copper
Jan
2.30
a36% a37%
17%
Montgomery Ward & Co
4%
a27% a27%
13%
•
Cons
19%
Radio-Keith-Orpheum
a—'
4%
a38% a39%
a39%
1
___
Tel
4%
9%
19%
Jan
Co
Nickel
10
1
Pennsylvania rr Co.—_
34%
8
$1.50
4%
—2.50
common
Jan
114%
4'/8
Abitibi
common-
16
Johns-Manville Corp
Kemiecoit Copper Corp
•
Co
797
Jan
Mines
Jan
'
Airways
Pictures
34%
34%'
Jan
Pacific
22%
pid____100
6
Northern
Jan
22%
Phelps Dodge Corp
35
rr
18'A
22%
Jan
5
a__
Central
17'A
.—10
Pepsi Cola Co
95
y
1
Nash-Kelvin a tor
17%
Jan
Jan
100
'
i7y»
250
Jan
200
Mountain
17%
11
35
m
10
41%
6%
&
common-.
Jan
6
m
10%
Jan
35
&
32%
Jan
10
♦
Matson
Jan
10%
40%
•
International
29
125
111
♦
International
425
205
36
Co....
Jan
30
10%
'10
i
Sugar
High
29
10%
Paramount
Pure
RubOer
Low
30
10%
Port Cement common-
Pacific
Pan
Jan
Range Since January 1
High
—II20
Packard
.
4%
„
Oil
—1
Low
;
40%
b—_
Idaho. Mary
y
a
Shares
Jan
8
a__
150
Ry non-cum pfd.'
Battery Co a__
Holly
n
50
Jan
1
Honokaa
.
'"7%
common...,
Class
j
Jan
.
for Week
commqn
Onomea Sugar Co
Pacific Finance Corp
al13
Northern
Hobbs
m
22%
Co
10
34%
Graham-Paige Motors
Great
Jan
Oil
all3
Co common..
&
2%
a—
4%
Corp.
Goou.veur Tire
Sales
Range
of Price*
Par
Ohio
5
Co...
prior
Week's
Sale Price
STOCKS—
High
a—
■
...
Jan
27%
'
—
Electric Co.
(b f)
30
'
Jan
22
148
•
5
40%
Share
Products
General
Goodrich
JANUARY
Park Utah Consolidated Mines..,
_
Co
&
5
2%
640
a23%a24»/2
24%
a
28 'a
Dumbarton Bridge
Fibre
8
a46% a46%
__
■
34
7%
Dominguez Oil Co
Kodak
535
a44,/e a46%
Curtiss-Wright Corp
Easunan
22%
a__
680
__
Del
Low
2 Va
y
Crucible Steel Co of Amer___
ENDING
Last
25
2%
capital
Corp
Co
2%
n
WEEK
Range Since January 1
High
a22% a22%
37
STOCK EXCHANCES
FOR
Friday
Shares
Par
Commercial
(577)
for Week
Sale Price
.(v;(
FINANCIAL ^CHRONICLE
Sales
Last
;stocks—
..
&
Jan
35%
Jan
18%
Jan
■-
38'
THE
(578)
COMMERCIAL
&
CANADIAN
RANGE
Friday
Week's
Last
8TOCKS—
Par
Ltd
Penmans
Low
Placer Development
High
Low
32
Jart"
32%
Jan'
MatLaren' Power <te Paper
64%
25
64%
Jart
65
Jan
Ltd
Co
&
Bros
4%
20
3,800
'•18%
Jan'
20 f
Jan
39'
39%<
975
39
Jan
41
Jan
13
14%
583
12%
Jan
14%
Jan
63
St
*
4%
class
A
2nd
4%
Series A
17%
25
26
59
Jan
68
if)
&
as
Jan
98%
Jan
12%
Jan
13%
Jan
340
17
Jan
17%
Jan
10
25
Jan
26
Jan
101
10L
5
11%
14
2,120
101
102
Jan
1st
Jan
145
39
Jan
46
Jan
Paton
430
121
Jan
132
Jan
Paul
Power
•
21%
40
,
10
40
Jan
41%
Jan
21%
3,239
21%
Jan
21%
46%
1,161
46
Jan
47%
25%
25%' Jan
25%
Jan
>
Breweries
Sicks
V
common
14%
100'
_
(H)
_
•
Southam Press Co
Southern
Canada
—
14
50
10
436
18
_
—;.
18
50
18'
,
Power
14%
14
_
preferred— -100
& Sons 5%
>£
14%
104% 104%
*,..
C
T
Simon
5%
Steel
of
Co
7%
Canada
18
460
14
94
22
s'
Southmont
Jan
Standard
Stowell
Jan
19
Biscuit
common.
(George)
4%'%
_
_
&
17%
Jan
18
Jan>
10
96
Jart
97
_
——
_
70
2
70
Jan
77
Jan
75
45
75
7
1,538
6
Jan
100
__
79
Limited
preferred
_
V"a.
•
ft
__
21
Jan
21
Jan
Jan
22
15
28
Jan
29
75
69
Jan
71
Jan
10
10%
50
10
Jan
10%
Jan
12
12%
225
11%
Jan
12%
Jan
8%
8%
150
8%
Jan'
10%
32
32
55
15%
15%
16
125
10
pfd-..*
:
\ 30
pfd—'
110
110
110
24%
25
17
17
21
Jan
Jan
32
Jan
15%
45
•
Jari'
32
Jan
16%
Jan
Jan
109
156
21%
Jan
110
Jan
25
Jan
Pr
Invest
17%
255
17
Jan
18
Jan
13%
14
125
13%
Jan1
14%
Jan
114
114
115
119
39c
39c
40c
15,132
6
6
50
6
22
22
22
110
22
Jan
23
Jan
18
50
18
Jan
21
Jan
Jan
12
Jan
Jan
10
Jan
12c
Jan
«v
.1
6%
1 )0
pfd
Ltd
Co
Ltd
Co
class
A„„
Hotel
9 %
75%
Jan
78
:;,y,
Jan
114
Jan
38c
Jan
115
Jan
40c
6
Jan*
Jan
850
25%
Jan
27
1
188
25
8% C
40
100
Jan
4,368
21%
26%
8%c
25%
Jan
Jan
8c
2,500
10C
Jan
15c
10c
19,000
7c
Jan
17 %c Jan
54c
54 c
54c
2,000
54c
Jan
54c
Gold
Bouscadillac
Mtr>es
l td
12c
Gold Mines Ltd—.
1
10
6c
6c
2,000
10c
17c
21,500
10c
Jan
22c
Jan
50,100
10c
Jan
21c
Jan
5c
200
5C
Jan
48c
6,900
40c
Jan
54c
10c
11c
13,500
10c
Jan
13c
ft%C
9%C
9,500
9%c Jan
11c
Jan
6c
1,000
5%c Jan
6c
Jan
19 % c 19 %c
21,080
22c
Jan
18c 20 %c
1.608
18c
Jan
1.050
20 %c
Jan
Ltd_.
1
lie
1
1
6c
97
27
Jan
97
Jan-
35%
190
34%
Jan
45%
Jan
26
26
150
26
Jan
27%
Jan
21
Jan
21%
22%
Jan
23
Jan
Jan
Dome
Donalda
Centremaque
Century
Gold Mines
Mining
Ltd
Corp
Jan
7c
Jan
5C
Colomac Yellowknife Mines Ltd.
96
35%
Mines
6c
40c
~
40c
Gold
Jan
Jan
10c 147/aC
•
Candego
26
.
6c
14% C
.1
r_.
10c
\
-1
Lake
35%
96
Jan
15.000
%c
7c
.1
Jan
100
Jan
8%C
8%
10
;
-1
Jan
100
135
«•
1
Jan
25%
19
10
v; • c,
Mining Stocks—
Jan
27
10
10
10
• i
Ltd
Jan
10
26%
15
12%
*
Jan
11
100
25
25
__
'
76
23%
—
.100
_
common
_
;
Jan
Jan
10%
*
Jan
7
Jan
Jan-
21
25
:
ft
13%
23%
29
Paving & Materials Ltd
Screw
Windsor
Bob's
_
-
common
Jan
Jan
Jan
69
Jan
6%
26%
26%
_
5%
7%'
660
76
♦
"'
13
21%
29
.
Jan
21
.
Worts
common.-
preferred
Winnipeg Electric
5%
preferred
Zellers
_
*
Walker Gooderham
Weston
_
Cotton
98
Jan
94
222
1,015
.
Jan
7
6%
Jan
18
Jan
18
Ltd
Canada
Jan
96
""
■•V
*
28
69
—
1st
cum
Industries
14%
15%
6
—25
Corp
Jan
10
22
0
JO
20
Russell
104%
Jan-
70
70
94'
13%
22%
00
Jan
75
•
common
V
6%
Jan
27
15
13
*
Ltd
Stores
6%
Corp
Jan
14%
104%
96
/.
—
Jan
14
27
22
1
Steel
Wabasso
67/a
IlOOV
,
preferred
United
Viau
*
common
preferred
43
Jan
27
)0
Standard Chemical
Jan
12%
8%
i.
Manufacturing 7%
Service
Southern
*
40%
150
13
Ltd__;
Jan
25%
:
High
575-v
13
22%
Refrig & Storage Ltd "com.
Jan
46
46%
40
21%
:
LOU
41
13*
Orange Crush Ltd
40
*
41
1>
Royal Rice Mills Ltd
Nuclear Enterprises Lid
127
—50
Range Since January 1
High
■
;
41
lo
Co
Mount
39
com
pffa
6%
Paper
Ontario
<»
preferred
121
—
Low
*
*"
Cov
Jan
16%
11% Jan
Montreal
40
_
preferred
Sherwin Williams of Canada
Distilleries'Ltd
Moore Corporation
124
corn-
Shares
Jan
94
50
Power
&
7
,
-100
pfd
(when,
Water
17
•
12%
~
preferred
preferred
115
26
»
com
Paper 6%
Shawinigan
.'I 1,790', 'V 65
13
•100
preferred
Lawrence
St Lawrence
96
12%
17
common—
Power-4%%Corp Ltd
Saguenay
63'%
95
•'
«
Knitting
Regent
59
13
"lOO
—
Quebec Power
Melchers
Minnesota
common
preferred
Transport
Provincial
for Week
Maple Leaf Milling Co Ltd—
Massey-Harris Co Ltd 6%% conv pfd_20
McColl-Frontenac Oil 4% pfd
100
14
Bales
Range
of Prices
Par
High
15
'
Price
Week's
Last
Sale Pries
STOCKS—
Range Since January 1
19%
20
of Canada—
Corp
Friday
Shares
32
39%
Power
30
64%
-III
...
MARKETS
JANUARY
32
*
common
ENDING
Bales
-
of Prices
* ■
Tubes—..
Page-Hersey
LISTED
WEEK
Monday, February 2, 1948
for Week
Range
Sale Price
FOR
FINANCIAL CHRONICLE
5c.
Jan
Jan
Jan
Banka-
CanadienUe
21
21
295
Commerce
10
22%
22%
23
1,492
Montreal
10
26%
25%
27
415
25%
Jan-
28
Nova
10
36%
35%
36%
381
35%
Jan
37
Jan
10
24%
24%
25
24%
Jan
25%
1
19C
.1
20c
Scotia
Royal
•
2,135
Jan
Mines
•
Ltd
20%c^l%c
1
Ltd
Mines
80c
—
1
East
Sullivan
Eldona
Ltd
200
1.76
4,100
2.90
82c
9,800
70c
Jan
19c
22c
11,000
19c
Jan
6c
6c
4,000
5c
Jan
6c
Jan
11c
14%c
17,500
11c
Jan
20c
Jan
22c
1
13 %c
1
Formaque Gold Mines Ltd.
—:—
Last
STOCKS—
Sale Price
Acme Glove Works Ltd
Auto
Fabrics
Bathurst
&
class A
Paper
Co
Belgium Glove & Hosiery
5'/o
preferred
pfd
20
20
20
Jan
20
12
325
11%
Jan
100
10
Jan
10
Low
Ltd
Mines
375
9
9%
Jan
■10
6%
210
7%
7%
75
7%
Jan
9%
16%
50
16%
Jan
16%
5%
6%
Jan
5c
1,500
4c
Jan
5c
Jan
1,000
81c
Jan
81c
Jan
lie
500
11c
Jan
15c
Jan
18c
Jan
10%
Jan
18c
18c
10%
5
& Millen Ltd A
Brand
•
80c
*
80C
600
British
Columbia
Packers
Ltd
cl
A
15%
British Columbia
Pulp & Paper com_*
Brown
common
Company
Preferred
15
16%
100
12%
*
15%
16
"
12%
55
85
85
25
5c
2,000
4%c
36c
600
36c
Jan
14
14%
200
13%
Jan-
1.50
1.50
4
1
Jan
5c
.1
Jan
6.90
%C
6.90
—
—
1
1.30
1.05
1.00
Jan
Jan
15%
Jan
Macdonald Mines Ltd
16
Jan
16%
Jan
Malartic Gold Fields Ltd.
1
Jan
12%
58c
500
44c
1,000
43c
Jan
45c
Jan
7c
3,000
6c
Jan
7c
Jan
Jan
87
13%
13%
100
13
Jan
13%
Candn
16%
17%
865
16%
Jan
18%
Jah
Pitt Gold
50c
50c
50
50c
Jan
50c
Jan
Quebec Manganese
24
24
55
Jan
6%
108
Jan
Jan
167/e
Gold
Jan
Quebec
14%
14%
15
240
14%
Jan
15
Jan
Rochette
•
Co
23%
22%
231/4
710
22%
Jan
24%
24
Jan
63
& Paper Inv Ltd
pfd__
T'/o
Claude
Neon
Ltd
Adv
Canada
cl
Sec
Jan
Jan
25
145
50
Paper
Corp
24
24
104
24
135
135
15
135
3%
3%
4,335
40c
1,153
27
Mills
Ltd
Silver
10
Jan
1.95
2.04
Jan
12%
Jan
Stadacona
Jan.
Sullivan
17%
*
11
Jan
Mines
Jan
18
6,433
11
11
80'
17%
200'
16%
45c
17%
Jan
Jan
Jan-
16%
Jan
19
Jan
11
Jan
11%
Jan
17%
80c
500
65c
Jan
95o
32
10
32'
Jan
32
36
36
125
36
Jan
40%
38C
37c
Jan
38c
20
Jart
25 %
Jan
9%
20%
35
*'
20%
4,177
8%
•
22
8%
460
8%
•
2
23
2%
45
45
4
45
2%.
550'
Jan
Jan
Jan
10c
Jan
Jan
10c
4,500
10c
Jan
14c
14c
14 800
13c
Jan
16c
2.46
Jan
3.00
Jan
100
7.40
Jan
7.40
Jan
40c
—
1,400
40c
75
40c
Jan
41c
37c
—
2.75
7.40
40c
75
37c
Jan
43c
12c
'
—
—
Home
Oil
Co
Oils
•
Ltd
Ltd
2 %
47%
5c
4
50
4
Jan
4
Jam
3
-3,625
2%
Jan
3%
Jan
23
630
21
Jan
6
25
6
Jan
640
102
5
102
Jan
17
18
1.200
17
Jan
Royalite
_*
2%
46%
Jan
23'
.
6
3.90
4.15
5c
Jan
9c
1,000
4c
Jan
4%c Jan-
4.20
Jan
3,600
Jan
4.50
Jan
3.85
51c
500
43c
Jan
60c
17c
27,000
14c
Jan
20 %c
1.60
1.65
1,800
1.25
Jan
1.80
Jan
5.90
6.25
4,405
5.70
Jan
6.50
Jan
1.15
1.23
2,500
1.00
1.28
Jan
6.25
Jan
Jan
■
...
Jan
12 %C
13C
100
12c
Jan
17c
17C
50
17c
Jan
—
147/sc Jan
*
18%c Jan'
Jan
Jan
-
15
Jan
,
Acadia-Atlantic
class A
Preferred
Agnew-Surpass
Akaitcho
224
2%
Jan
3%
29%
5
29%
Jan
29%
Alger
Jan
Aigoma
Gold
15
157/8
2.055
'15
Jan
17%
Jan
19%
19%
19%
2,215
19
Jan
20%
Jan
50
35%
Jan
37%
Jam
18
17%
Jan
18%
*
.
*
common
37V.
37
17%
200
100
60
7c
7%c
18
100
7%c
4,500
.
100
7c
Jan
Jan
100
Jan
Jam
8c
Jan
8%
—
8%
Jan
9
Jan
80c
80c
1,500
80c
Jan
87Vac
Jan
16%Cl67/aC
—1
■——1
.—-1
Mines:
Steel
Wo*
Lov '
15%
*
Yellowknife
1,500
16%c
Jan
20c
Jan
8c
Jan
13c
Jan
47%
Jan
56"
Jan
20
8c
51%
10c
39,500
4814
9c
52
1,635
8%
Jariy
5
6%
6%
100
6%
Jan
6%
Jan
10%
10%
35
9%
Jan
10%
Jan
Amalgamated Larder
(Alfred) Inc
Lowney Co Ltd (Walter M)
1
9
10
1,025
9
Jan
10 Va
Jan
American
12%
13%
685
Jan
13%
Jan
Aluminium
Ltd
Aluminum of
12%
Range Since January 1
High
20
20
.—100
;—u—
Jan
Jan
Low
Par
Power
11.50
Jan
2%
8hares
•
for Week
*
ft Paper common
preferred
—
$2.50 preferred:
Abltibl
102
2%
Sales
Range
of Pricer
'
Acme Gas & Oil'-—-——.'
15
.
Week's
Bale Pries
stocks—
.
Jan
19
Exchange
Last
•
•
19 %c Jan
51c
Friday
A
9
Jan
14'/8c
15C
Canadian Funds
54%
29%
*-
10c
45.000
4c
Toronto Stock
Alberta Pacific Consolidated—
Hydro-Electric Securities Corporation,*
Jan
Jan
2.08
'
Ltd.
Jan
9
6 %c
67c
Jan
Jan
Jan
13c
Jan
56c
1.71
21,000
4c
*
Exploration
Oil Co Ltd
Jan^
Jan
15
12C
Jan
10c
3,245
2.000
4c
*
Omnitrans
Jan
Jan
21%
15
1,000
61c
1.80
10c
10%c
.1
Ventures Ltd
Gaspe Oil
Jan'
2
6
*
12c
56c
1.75
58c
Jan
.
'
•
Jan
45
102
•
Jan
2.46
7.40
Jam
25
18
8c
13c.
1
-.
102
For footnotes see page 42.
2,000
Jan
37c
Goodyear Tire & Rubber of Can Ltd—*
Lambert
8c
:
9c
65 c
10c
2.50
1
'
Jam.
*
50%
cl
t
Jan
48
preferred
(,
Jan
Jan
17%
50%
Ltd A_„
Jan
26c
Stocks—
Okalta
Jan
32
red pfd„ 100
Inc_
Gc
117,750
5%C
Ltd
Jan
15%
40c
10c
1
Jan
58
Jan
16%
80c
3
com
50c
7
6%
15
1
Nickel
Jan
18C
500
40c
8c
13 %c
Vinray Malartic Mines
80c
—
Paints (Can) Ltd
Jan
15c
G%C
-
1
Mines
Westville
Jan
17%
*
._
-'v.
1
Ltd
Jan
*
1
International
4,000
6c
Jan
Jan
27
5
Int'l
16c 16 %c
26c
•
30c
*
Ltd
1944
Mines
Jan
37
Fanny Farmer Candy Shops Inc
Ford Motor Co of Canada cla'ss'A_
40c
Mines
Cons
Jan
4%
45c
Steel Products Ltd—
Int Metal Industries
16%c
1
Mines Ltd.
Soma-Duvernay Gold
141
Jan
17%
Paper Co Ltd—
LaSalle
Jan
Jan
1
3%
Jan
45c
*
class A
27
4
16%
Federal Grain Co
de
2.17
5.80
1
_
»——
Jan
55
*
Fairchild Aircraft Limited
Hotel
Jan
Jan-
1
Jan
10
150
com
Jan
800
155
A
3%
Ltd
Mines
Jan
55
7
*
Ltd
1.87
5.20
1
Co Ltd.
Miller
Jan
Jan
4%
15'%
Corp^Ltd-
Great Lakes Paper Co
Jan.
1.85
Jan
1.68
1,400
1,150
1
Sigma Mines
4
7
David & Frere, Limitee A
1
Dominion Engineering Works Ltd
Dominion Oilcloth & Linoleum Co
cum
3.900
2.00
5.30
)C
Sherritt-Gordon
55
20
Foreign Pow Sec 6%
Fraser Companies a
Jan
Oil
40c
4
15%
Ltd
Textile
Fleet Mfg & Aircraft
8
3%
Ltd_*
preferred
Eastern
Jan
11
24%
521
11
35
*
Consolidated
Donnacona
2.00
2.04
11
*
—
Cub Aircraft
1.60
5
of
Consolidated
5%
4
1,035
2.00
2.00
8
24%
•
common
Div Standard
Preferred
4
1.70
11
2
preferred
Bakeries
1.85
Jan
1.95
1
Mines
Jan
64 %
8
100"
Consolidated
Jan
24%
*
common
Preferred
Consolidated
Jan
3%
*
Lumber Co
General
1.70
Jan
1.18
Jan
1.10
4,100
Jan
5.20
•
Gold Mines
Thurbois
Ltd
Commercial Alcohols Ltd
8%
61%
25
1.60
1.65
100:
Western
35
4
♦
com
,
preferred
Canadian
*
63
4
*
Light & Power Company_100
Company
l
Viekers
Jan
1.90
1.80
Jan
Jan
Ltd
Canadian Silk Products class A—
Canadian
~
1.82
.1
Ltd
Mines
Mining Co Ltd
Yellowknife Oo'd Miri
25
•
Ltd
Marconi
cum
1.16-
1.45
Jan
Jan
89c
1.70
'
Power
5%
1.10
1.25
100'
Jan
Canadian- Int'l Inv Trust common—!
Canadian
79,600
1.80
Jan
58c
1
Jan
4 Va
Santiago
Canadian
9,100
1.35
Jan
58c
1
89
common
Rand
__
Jan
480
Dredge & DOck Co Ltd
Ingersol
1.35
89c
1.80
^
•
77%
>2,989
92
Pen-Rey
Canadian
—
Dredging
4%
*
Invest
1.25
1
Cons
89
•
Industries
Jah
7.65
Jan
•T2%
4%
Canada & Dominion Sugar
Gen
Jan
1.50
7c
■
1
Jan
14%
Jan
Jan.Jan
58c
1
80c
5 %c
14%
Jan-
6.85
1,600
Jan
38c
Jan
1.50
500
7.10
Jan
12
43c
1
Jan-
92
Canada Malting Co Ltd
Canadian
24c
•
Jan
3bc
1
4%
l
Canadian
875
1
_1
Butterfly Hosiery Co Ltd-,—
Canadian
21,100
^
1
_100
:
11%
Jan-.
Nechi
Ltd
Brewers & Distillers of Vancouver Ltd_5
20c
10%
■
Jan
Jan
Jan
81c
)0
Brandram-Henderson
23c
11c
1
High
16%
16%
Goldvue
12% -Jaiv.,
6
*
common
20
10
B_*
—
9%
20
*
CI
Ltd
Range Since January 1
9%
•
Products
Pwr
Shares
High
11%
5'
Limited
Steels
of Prices
Jan
Jan
90c
4c
1
fer Week
Low
*
Anglo-Nfld Development Co Ltd
Sales
Range
Par
Atlas
Week's
350
81c
<•
Friday
1.76
Jan
Jan
1.76
74c
Jan
Jan
Jan
92c
3.10
82C
1
Canadian Funds
Jan
80c
2,000
-3-95
3.00
.1
1
Montreal Curb Market
80c
21%c
i;
1.76
1
Ltd
Mines
Mines
Gold
Jan
22c
'
.
—SR.
•
17 %c Jan
Jan
10
American
•
common
Canada
.
4%
pfd
Mines
24%'
1
32c
210
212
—25
32c
Nepheline
*
34c
Yellowknife
1
9c
205
213
Jan
224
24%, Jan
25
210
Jan
Jan
25
24%
■
-
840
32c
6,767
30c
Jan
38o
Jan
1,000
34c
Jan
45c
Jam
1,000
,9c
Jan
11c
Jan
35c
9c
.
Volume 167 Number 4669
THE COMMERCIAL &• FINANCIAL.
CHRONICLE
CANADIAN
LISTED
(579)
MARKETS
RANGE FOR WEEK ENDING JANUARY 30'
•
Friday
STOCKS—
V.
Par
Anglo Canadian Oil
Anglo-Huronlan
—
Curia
Aquarius
•
.
i
—1
Huuuitct
AVgris Corp
50C
Warrants
T'/e
Ashley
7%
35c
11c
_1
Oil
Gold
Toronto
Bathurst
Beatty
>
Bell
A
Bidgood
Blue
Jan
13c
Jan
11c
11c
5,300
luc
Jan
13c
23c
6,500
21'Ac
Jan
25c
Jan
4.00
1,800
Gold
Brand
British
...
..
class
Oil
7%c
Jan
Jan
Crowshore
36
Jan1
9%c
Jan
36
50
28,800
21%
36
58c
48,800
155,475
39 %
12c
Power
Davies
Porcupine
25c
Jan
Detta
Jan
57c
Jan
22c
Jan
28c
Jan
22C
.
%C
25c
26,852
11%
100
55
10
15c
14C
Lake
169
iy/2 Jari
.Jan
Burrard class A
Red
Dexter
Red
Distillers
Jan':
Diversified
Dome
Calgary
Jan
75c
Jan
10
Jan
40
Jari
130
26%
Jan
26%
Jan
17%
Jan
19%
3V2
111.00
Jari
40
12%
Jan
6
Jan
22
Jan
Campbell Red Lake
i-J-
Preferred
Canada-
Li
Dulama
2% Jan
2%
Jan
Duvay Gold
350'
21c
30,700
16 %c
Jan
24c
Canada Wire & Cable'' class
.
1,200
34c
Jan
37c
Jan
73c
Jan
99c
Jan
85c
11,800
2.10
2,950
13c
5,600
12c
24c
13,350
16c
30
'I 305
5c
1,000
.
11%
2.46
15c
Jari
25c
30%
5c
3.85
Jan
I4V2
Jan
7%
12%
i
*
2.50
10c
8,825
7c
51c
Jan
50.
12%
Gold
4.65
8%c
Jan
4
2.75
20jO
'
28
49.
Canadian
Celanese
Canadian
Dredge
Canadian*
Food
__
.
..
4
10
Jan
Jan
17
■
li%..
Class A
Canadian
_
__
Ice
Machine
Canadian
Industrial
Canadian
Locomotive
Alconui
"A"_
Canadian
J
5%
Oil
Cos
Cariboo
Tire
Crest
Centremaque Gold
Chatco
.1
Circle
22c
10 %c
nitralara
Coastal
Cochenour
Cochrane
Class
Knitting class
A-
Malartic
;
A
Willans
_1'
2.60
24c
1,050
3,715.
22%
•
.
■.
Dunlop-common
1
9
9
—
For footnotes see page 42.
Jari
26%
Jan
22%
Jan
28
Jan
1.15
Jan
Jan
Jan
25
15%
16
14%
•
26
26%
26
Chemical
pfd-_$23.50
20%
20%
1.95
Jan
3%
Jan
Jan
18%
Jan
Jan
26 %
Jan
20 %
Jan
21%
Jan
Jan
82c
17,950
72c
Jan
95c
17%c
17c
19c
21,000
17c
Jan
22c
53c
50c
55c
13,800
50c
Jan
74c
8C
8c
&'%c
10,000
8c
Jan
12c
10C
Ltd
13c
39,200
9%c
Jan
33c
Jan
7%c
Jail
10c
Jan
31c
Jan
45c
Jan
Jan
Jan
.22%-Jati?:
19%- Jan1
.-.65..
25'
•
285
<
Jari'
Jan
Jan
Jan
3.50
Jan
9%
8'/2
Falconbrldge
Nickel
*'Jan
Jan
19%
21,400
58c
Jan
74c
Jan
70c
84c
139,400
68c
Jan
89 %c
Jan
19c
22c
.
20
8,300
18
20
165
3.p5
4.10
9,405
18
16%
45
45
4.00
—
Famous
Players
^
Fanny Farmer Candy Shops
Grain
^
common
30
.18'A
Jan
18c
Jail
25c
Jan
18
Jan
20-'
Jan-
3.95
Jan
4.00
Jan
4.55
Jan
Fibre Products coml-—
■
4:
—v-
.---i.
'
4.50
Jan
16
Jan
18
Jan
45
Jan
47%
Jan
4%
Jan
4%
4
Jan
95
05
Jan
5%c
5 %c
Jan
6c
Jan
8
-6'%
8
Jan
9
Jan
8%
8
Jan
8%
Jan
8
Jan
..
BVf
—-
Fittings-Ltd.. common—
.
18
95
Kirkland
Preferred
4.10
46%
5V2C
—
Preferred' i-_i—__
Federal
8
Class A'-
8
11%
H%
11%
Jan
2%
IZ
—.
Mtg?&
Aircraft
•
of
Canada
class
Ai-_
Foundation
'
Co
3
2%
Jan
Frobisher
•
100
—v
Exploration
•
41/*
-
100
Jan
'«■!> 8%' Jan
12
Jan
>
:
—'"
1.99
4%
Jan
Jan
Jan
23*
25
Jan
25
>Jan
23'
Jan
23
23
•
94
2.05
Jan
10c
Jan
94
10c
10c
1.95
Jan
21-
25.
25'
94'
414
3%
23
23
—
preferred
-
4%'
21%-
*
:
_•
Gold—
Frelman' <A J)
"
-«i*>
—
Francoeur-
Jan
1.95
Jan
Jan-
45c 'Jan
94*
Jan
2.26
Jan
Jari^
-
24
>
22'%
_•
;
*
Jari
7V8,iJarf
~
v.*.:;—*—**
FleuryJjJiasell common i.-—-,
Ford
Jari*
21%'-Jan'
v
Gatlneau Power
*
common——
5% preferred
'5% %; preferred—*—
100
.
100
.
—
103%'
.19%
197/a103% 103%
111
Jan
103'
3%
,
108"
Jan
Jan
111*
Jari
Geteeliral BakeriCff
Genital Product Mfg class A__
*
Gferi'eral Steel Wares qpmmon
•
Preferred
;
__.___._100
—
16%
16%
.16%
Jan
15%
15%
15%
15%
Jan
105
105
103%
Jan
5.85
13%
Jan
Jari!
*
Jan
20
J&n
110"
111
3%
...
19
Jan
'3%- Jan'
3%
17
>
Jan
Jan
Jan
—
Jan
Giant Vellowknife Gold Mines
Gillies
1
Lake
10!
Jari
11%
Jan
15
Jan
15%
Jan
90
Jan:
5.65
6.00
3,938
5.60
Jan
16%
Jan
106% Jan
6.00
Jan
1
14c
10%c
14c
3,400
10c
Jan
12c
Jan
3C
3c
3'Ac
3C
Jan
3%c
Jan
1
66c
58C
66c
2,700
49,790
58c
Jan
78c
Jan
80C
89c
21,550
80c
Jan
13c
Jan
88%
105
1
Glenora Gold
Jari
38
225
63c
18
Jan-
14%
Jan,
Jan
18%
20c
25%
150
Jan
4.10
Corp
36%
14%
16
84c
Jan
40
Jan
31%
Mines
Jan-
150
15%
30
23%
435
30
58c
Gold Mines.
Jan
17
,
Jan
16
18'A
English Electric class A
73"
21
11% Jan
Jan
60c
-
Gold
Eureka
8'A
18%
clash-^A
Mines
filaona
275
15%
Machine
9
Investment
i-apei
Elder
Jan-
25%^ Jriri-
19%-Jan
15%
-
.
2.95
Jam
23 s
Jam
350'
:
•
Globe rtri
God's
14% ""Jari"
Goldale
-
,
Lake
Gold
Mines
1.09 Jan
13
13c
2,000
13c
Jan
695
17 %c
Jan
12%
Jan
13%
Jan
Gold
30
45/bC
5C
Jan
5%c
Jan
27
5,000
4c
340
Jari
30
Jan
Golden
Mines*
85c
IOC
11c
1,100
10c
Jan
14c
Jan
2.15
14'A
2.35
14,270
2.04
Jan
2.40
100
13C
13c
44,500
10c
Jan
16c
Jari
7/ 76
7c
2,500
6%c
Jan
9c
Jan
18 c
20c
28,350
18c
Jan
3c
3%c
3c
Jan
10,190
Eagle
Mines
Arrow
77c
Jan
87c
Jan
Golden Manitou Mines
510
:
14
Jan
15
Jan
Goldhawk
25
100
Jan'
100"
Jari
Goldora
15
13%
Jan
Porcupine
Mines
&
_
Co.
class
15'A
26
Jan
26%
Jan
Goldvue
103
Jan
103%
Jan
2.30
Goodfish Mining
2.30
Jan
2.65
Jan
2.05
Goodyear Tire
2.05
Jari
2.05
Jan
Preferred
1.33
1.20
Jan
1.40
Jan
1.04
A--
Mines
i 2.40
25 %c
Jan
101
52,700
10c 10 %c
3,000
13
8%
200
!8% '
100
40c
*-
6c
2.60*
7c
500
19
10c
Jan
16c
Jan
13
13
8%
40c
Jan
33c'
8%
&
Bousquet
Co
class
A
20c
5
1.03 Jan-
1.25
Jan
10%
Jan
20
Jan
20
12c
Jan
20
20
12c
12c
108
12'Ac
Jan
Jan
Jan
Great Lakes Paper common-
16%
18%
3,930
16%
Jan
19
Class
A
preferred
Great West Coal com
41'A
43%
130
40%
Jan
44
Jan
11%
11%
50
11'A
Jan
12
Jan
Jan
Great
11
40
11
Jan
11
Jan
West Saddlery
11-
common.
Grull
I
Jan
4%
4%
100
4%
Jan
5
Jan
6c
Wihksne
6c
500
5c
Jan
6c
Jan
75c
81c
12,000
67c
Jan
81c
Jan
Jan
Guayana Mines
Jan'
Gypsum; Lime & Alabastirife
Jan
Hahn Brass preferred-
Gunnar
1.04
52%
Jan
Jan
8%c Jan
25c
Jan
10'A
Jari
Jam
Jan
Jan
50
Jan1
65c
2.90
101
50
10%
Jari'
Jan
Jan
103
50
Greening Wire
2.45
25c
1.04
Jari'
6c
•
2.70
24c
19c
Grafton
Graham
19c 25%C
3%c Jan
10%
common
Gold
81c
25c
_T
%
19%
55
4c
4'Ac
11,000
4c
Jan
5c
18C
1,500
17c
Jan
22c
Jan
Halcrow
Jan
Halliwell
Jan
Hallnor Mines
Jan
Hamilton Bridge
^
14%
Jan
27c
800
24c
Jan
30c
Jan
14%'
15%
865
14%
Jan
16
Jan
Jan
25c
Jart
17c
4c
A__
Jan
Jan
26
103
v
'
9
Gold—.
Jail
25
10,785
25%
-
«%.Jan.
90
6'/2c
V
1
Oils
Jan
22'A
3%
36
40c
9
65c
Jan
37/a
24
,
13
8%
c
Bar
4'
15'A
Steel
Chromium
Jan
19%
3.15
1.28
1
50c
22,900
3%
Mines
2.05
Mines
Jan
com__l
Mines
2.30
Mines-,
Mines
20'A
Jan
63%
26
Chi 1110 Gold
Jan
895
2.95
Malartic
Grafton
Chateau-Gai Wine's
Chesterville
Jan
17'A
-
19'/b
100
Chemical- Research
Cheskirk
Jan
64c
103
Jari
13%-
-1
Jan
82c
Jan
72c
103
.
40C
Jan
52c
22%
Mines
Sullivan
Economic
Jari
,
41-;
Jan
10%
Corp
Porcupine''.
Central
Jan
69c
61,200
14'A'
Railway-
Gold
35c
6,500
64c
27
Utilities' preferred
Gold
Patricia
3,500
72c
Jan
62
12 '/2
*
Central Canada Loan—
Central
40c
80c
#
100
Pacific
Canadian
Canadian
'
Jan
103
36
14%-
•
common
preferred
Canadian
■
70"
10
9
Canadian Malartic -ii.---—-i—
47c
Jan1
14-
Jari.:
15
1
_l
.
88%
'
_
A
Jan
5
63%
23%
9
40c
103
63
100
10,250
103
36
.25'
_
Jan
45c
157
Mines
Amphl
ooiay
201% Jan
•
63%. Jan V.
16
common.
r_
Preferred
39 '
190"
12%
15%r
.
■
9VbC
23
Investment
Mines
Easy Washing
Jan
18
lltf : Jiii"
l2'34> Jari 11
.200-
22%
11%'
a
,
Products
Jan
26%
Eastern Steel
Jkri ^
'
; 37%
Jan-
100
"
.
,223,'«' 22%'
.
....
7c
1.75
18%-Jan'
•
Jan
"36
100
7«A>.
22%r
9
common
Preferred
3,200
Jan
53% 7 Jan
285
25
.
.f%#
•
Jan
8c
1.61
Jari
27%-Jan* \
.'4"4'
t
73
25
'
Jan
1.60
4,733
Jan'
4%
Jftri'
65
*
1278', 12%
39*
40'
20
26 %
Jan
1.80
Jan'
130
17
»196'^
*
—
Jan
1.40
1.62
Jan
65c
200
36
17
—
common
18c
25%
Jars
Jari
17% Jan
10
:19% " ; .19% 20% '
1st jx^ierred-a ;i
.25?A«;:-' 25%-:25%r
Convertible preferred
*
19%
19% 20%
Class A'
Jan
103
2,000
26%
Mining Co
East
Jan
200
Canadian-Cannera eomnron —^-—^^1^^
Canadian Car
13c
26
7,500
Jan1
105
10%
36
.
Jan
14c
1.50
18,200
Jan "
Jan
2.50
85
'
50
10;
.
'
22%*
2,500
Jan
Jail
__
&
East
12 %d Jan*'
Jan
7c
44c
3,850
27%. 27%
22%"
Jan
1.00
8C
Jan
8V4
Jan
3.75
' 3,000
11,925
'
.
2.65
72 "
Canadian- Brfeweries
21c
40c
Jan-
29
16 %;
Jan
12
60
4.15
7c
1
Jan
31c
Jan
24
6,600
12%
12.
'
,
Jan
10c
3,912
Jan
Jan
11% Jan
10c. 12%c
,
T
65c
33,800
7%C
Jan
jari
5c
425
a!
Canadiam Bakeries
.»
*.
Canadian*Bank of Commerce_Lii—-10 v
Jan
Oil
Jan
50
:
.
8
44c
Class, B
80c
19c
14c
East Leduc Oil
Jan
Jan
29
East
East
Jan
41
.
14% 5
7%.
1.75
15
i
25
14%
39%.
Jan
42% Jan
Jan
Jan"
35 c
•
^107.-
115
Jan
11c
22%
Mines
Duquesne
__
.
Jan
42
23
Tar
Donalda
Jan
; 36:
50
115
11c
40
Dominion
Jan'
Jan
11%.
S Linfes comirion—^
115
42%
2,229
Jan
Ffefet'
Canada 3
Jan
Jan
6
2.55:
Cfanada P.ermariferilf Mortgage-—100
30c
2,123
4
13%
20%
50 %c
.
Jan
23
Stores
Jan
24
Canada Packets class. ALi———^
Class B_—
♦
26c
1.40
Dominion
Jan
291
50
1,000
23%
Dominion Steel & Coal class B
5%
19c'
"r
Jan
28c
23
Jan
12c
—
Jan
22c
1
Jan
24%
5c
Mfld\
Northern power?—
i7Pref#rredi
Scottish
100
29%
^1-—_2o
:
Jari
27%
—*
common
24%
Jan
Federal
-/
23
Jan
Jan
100
390
Canada Bread common—:
—•
—
•
4
4
Canaaa Cement coiuiriou)
————17%r 17%
Canada
Jan
18c
10
;
Preferred
6
23c
—-———1
22
25
1.25
26
12 %C
r_
30
295
600
20%
;
23%
73c
4.15
23
58c 63 %c
Ltd
99
1.95
•
Jan
Jan
18c
17'A
common
Malting
2%
74 %C
—-
Jan
1.00
69c
95
34 c
12c
Jan
54c
—;
237/b Jan
16 %c
—;
84c
26%
28c
Rights
Dominion
24%
19 %C
1•
10,000
Mining
2%
1,
92c
154
Jan
2,579
3,800
i
84c
Jan
23
Foundry & Steel
10
3%
'
& Edmonton
Flin Flon
92c
151
38c
Seagrams
Mines
El Sol
Oalllnan
205
Yellowknite
Jan
650
12%
C.almoht'Oils
154
Lake
Dickenson Red Lake
11%
200
3 %
*
151
40c
Dominion
860
10
12%
——1
153
Lake
Jan
11
85c
90
—
(Salder-Bousquet
^ommon
Jan
3%
7c
Bank
18%
Caldwell JLinen
10%
Jan
Mines
Dominion
10
—^'
„'
Jari
3'/a
26
Jan
18'A
.
Jah
10%
130
13c
6c
26%
-
100%
130
3%
A.
Jan
460
,
Jan
10%
3%
Jan
95%
*
96
10%
1.40
class
17c
:
x.
3,519
100
9
75c
27c
80c
—•
A__
96 100'A
5
__9
14c
Jan
24%
—
class
Jan
11c
Jan
*
Steel
21 %c
115
Jan
'
_—
Jan
42%
4c
95
Bunker Hill
13 %C
—
14c
23%
♦
31,275
26
2bc
95
Products
Jan
14c 16 %c
15c
18C
1,500
26%
1
21c
1.00 Jan
Jari
55
55
24'A
Mines—
Jan
Coal
Nickel
Discovery
1,315
.-s.—*
18c
common.
2,000
«
BUffalo' Canadiati-
1,200
Mills
4,000
10%
*
■
18c
Patricia
Dominion
i.—
AnkeTlte
Jan
18c
_
27c
--——-l
Buffadi6bh GoldL-.-
Jan
85c
•
4%c
18%
.*
16%
Jan
•
A—
4%C
25%
—
Jan
67c
—100
Leather
Denison
Jan
22%
Git-
Dominion
15
34,150
Petroleum
Davifc
Jan
47c
10
A..
135
76c
Aircraft
41-
160%
—-f.
Co
Jan
22
1
Columbia
B
Jan
22%
A:
Class ET
&
Cub
Jan
2,869
3%
class
15'A
D'Aragon Mines
Jan
72c
100
Class B-__
Class
22
11,200
80c
Forest™^
Burns
Jan
Jan
*
pfd
Packers
Burlington
Jan
20'A
25
Electric
90c
15
Jan
57c
10%
9
preferred
Columbia
Building
37
38%
12 %c Jari
36c
20
Jan
Jan
67c
Delni'te Mines
40
90c
Jan
6%c
90C
1
Oil
class
Mines
Crow's Nest
28
Jan
-
Jan
90C
2
;
Trust
Jan
Jan
168
'■
9
common
Columbia
Red
Crown
7c
3 5'A
•
Buffalo
20%c Jan
Jfinr
Press'
Crestauruip
25%
26%
Bntisn
Buffalo
200
5%c
•600'
•
Homestead
Mining
155
'
9
A
common.
British
Broulari
7,500
Cadillac.-—.
imperial
510
55
—
Cordage
conv
^Htisn
Jan
7%
Cosmos
Courrior
5,000
11%.
•
Ltd
Columbia'
British
6c
Mines
Corrugated Paper Box
Jan
516
>
Traction Lignt & rwr cum
; 3%%
5%c
1
—
Exploration
Jan
5
160 %
>
23C
«
American
British
16c
Conwest
7'Ac
.50
Preferred
Brazilian
8,200
12c 1-7 %c
«
14
Jan
9
was
36 %
40
—
Millan
&
Jan
47c
1'64%
1 '
9
Jan
25c
Mines
Brantford
4.00
Jan
7%
Oojuttumers
26%
Gold
Pershing:
oralorne
5
25
9%c 11'Ac
—.
Ltd
Jan
Jan
9
■
7c
15c
.
27c
9
Class B
25%
—
.
—1;
__
common
3.6(1 Jan
50
7%
20'A
.
Jan
20
100
Jan
21'Ac
.
1T%- Jan
9
Consolidated Mining & Smelting—
13%
55C
—
Mines
Bobjo
Bonetal
Consolidated
Jan
55c
100
Preiei*red
Boy con
Jan
Jan
36
,
Corp
Consolidated
11c
100
1
-
...
K1 rkland
Ribbon
Jan
11%
7%
High
Jan
Jan
36%
1
Telephone
uuiu
13%
3,000
7c
—*
x.
Central
16'Ac
1,695
0
Yellowknife
tJevtouu
Consol
IICIIV2C
26%
*
..
class
Brothers
Beaulieu
Jan
lie
10
Bear Exploration o£ Katuuin
if
38c
9%c Jan
10
Mining
Jan
Jan
160 16'Ac
—_xu
.
Scotia
Power
22c
Jan
-—1
of
Babe- Metals
Beattle
8c
3.60
11*
22 %c
9
Bakeries
Consolidated
7c
1
Bank
DurisOhaated
Jan
Jan-
145
1,500
9
Conlaurum Mines'1-^*—
Jan
15c
Jan
Low
11
24c
9
_
60c
10c
IV
22 %C
-i.-.
Yellowkniie
Jfin
13
11
24C
Range Since January 1
High-
common—.
Terminal
Preferred
7%HJari
Low
1
—-
Jan
6,000
Z- '7;
Montreal
Plow
35c
6,500
VV
Bagamac Mines
Bankfield' Cons
Neva
Jan
Shares
*
Lake
Colomac
for Week
of Prices
Par
*!.'i^
I0V2C
9c
:
of
Jan
12
4.00
common—.
ot
Jan
31c
23c
.Class' A
Bank
9%c
lie
Golc Mines
Banx
Collingwood
65c
Jan
7%c
IIV2C
'
Electric
Jaiv
Jan
8c
12
jvi'iuca
Aunor
Coin
7"
100,300
*'v. ■'l- '.
-
Cockshutt
7%c
—
-
;J.''
1
Jan
ll%
•
Yellowknife-;
Auio
10O 12'/2c
"
9.00
Jan-
48c
200
8c
Mines
Aumaque
13'A
10%c
Quebec
Auoelie
27c
'-A
Jan-
5%c
1,166
3;500
20,100
13'A
__
Atlas Steel
Atlas
25C
'
High
2.12
20%.c Jan
685
35 c
26c
A.—-—1
:-rw—
1,500
10%c
Low
1.58/ Jgn
10,550
11c
1
Sales
Range
Sale Price
STOCKS—
8.50
3;500
6c
35c
:
—
10
Aixioria1:
57c
22c
Range Since January 1
-A-
23c
5%CT'
Ashdown Hardware class A_—
Astoria
500
"
—•
Ai'jon GO'.'d
Gold &
603
1
common—-—
Armistice
14,975
8.75
Week's
Last
•
High
*
Porcupine
Friday
Shares
1.75
8.50'
-s V:
for Week
1.60
1.75
v
Sales
Range
of' Prices
Low
*
Anglo Rouyn Minesi—
ApeX
.
Week's
L'afct
S&lfe Price
2.20
2.42
19
Jan
4,655
2.15
Jan
8
7%
8
50
7%
Jan
14%
14%
14%
50
c
,
14%
Jah
19%
2.45
8
14%
Swayze
Gold
19%
19
Jan
19 %
3%C
4%C
6,000
3%c
Jan
5%c
Jan
3c
3c
3,000
2%c
Jan
3c
Jan
4.50
4.50
4.50
200
4.25
Jan
4.50
Jail
7'/a'
7
71/4
175
Jan
7'A
Jan
.
_.
25
19'A
4 V2C
7
39
40
THE
(580)
COMMERCIAL
CANADIAN
&
Week's
Friday
Rock
Hard
Harding
Gold
10%
Carpets
Harker
10'/2
32c
10 Vi
Jan
11%
Jan
National
Steel
8c
595
Jan
Jan
12c
Jan
National
"
8c
2,000
7c
7%C
14,146
7c
Jan
8c
7,025
79c
Jail
87c
Jan
15c
10c
16c
9,600
10c
Jan
16c
Jan
New
Calumet
81c
81c
1,600
80c
Jan
95c
Jan
New
Marlon
13%
14
200
13%
Jan
14%
Jan
New
—
Hollinger
Home
99
30
97
Jan
17c
27,625
14c
Jan
23c
Jan
55c
500
50c
Jan
55c
Jan
Nicholson
Hosco
20'!o
6%c
1,500
6c
Jan
8c
Jan
Nipissing
Mines
12c
7,050
11c
Jan
15c
Jan
805
18
Jan
19%
Jan
Rouyn
International
Island
Waite
Powders
Joliet
1.85
23,873
8c
10c
3,000
10,900
6c
6c
6c
40c
47c
6,085
24c
27c
6,500
4c
4c
1,000
4%
4%
265
*6%
Jan
Northern
Jan
37c
Jan
North
47
2,580
43%
Jan
47
Jan
Northland
3c
1,000
2%c
Jan
3%c Jan
10%
110
112%
115
23
46
:
23
26%
Jan
Jan
115
Jan
23
:■*;
Jan
26
Jan
27
Jan
Mines
Gold
Mines
(1940)
1
235
Preferred
O'Brien
15%
5,295
15'/a
Jan
16%
13%
1,390
12 Va
Jan
14%
Jan
7
25%
Jan
Omnitrans
Jan
17
Jan
Orange Crush
7
535
16
.
Jan
15
24%
Jan
24%
200
7
v.
-
6c
6c
Jan
Orenada
8%
15
Jan
8%
Jan
Oriac
9
210
Jan
9
Jan
Osisko
48c
55c
Jan
55c
Jan
Oaulake
Ottawa
Pacalta
3,000
Jan
12
75
12%
Lake
210
29 %
Jan
102
30
101%
Jan
102%
Jan
3,190
32%
Jan
34%
Jan
Wasa
29%
1
Lamaque
1
14
3,209
13%
Jan
15%
Jan
17,100
44 %c
Jan
57c
Jan
Pandora
500
1.30
Jan
Jan
Paramaque
1.40
4%c
Jan
7c
Jan
12c
Jan
Partanen
Jan
Paymaster Cons Mines.:
14,850
38c
36c
38c
14c
15c
Jan
Malartic
11,950
Jan-
55c
Jan
52c
Jan
Oil &
8c
4,000
6%c
Jan
8c
24%
Jan
26 %
Jan
25c
28c
29,600
24c
Jan
33c
Jan
Piccadilly
26c
Photo
Jan
7%
Jan
10%
Jan
7Vic Jan
9%C
Jan
16c
Jan
500
9c
8,500
24,200
88c
Jail
58c
56c
60c
7,700
53c
Jan
66c
10
Jan
10
Jan,
10c
Jan
100
10
10
10
57c
Jan
78c
Jan
30c
Jan
50c
Jan
6%c
—
7%c
9,000
6c
Jan
95c
Jan
1.21
31
Jan
32%
1.02
99c
1.03
3,110
32
32
32%
460
8,620
15
Jan
Porcupine
22c
2,000
6c
Jan
8c
2,000
3 Vic
Jan
5c
2%c
2 Vic
1,000
2c
Jan
40c
Jan
Reef
13%
17c
19c
11,750
1.47
1.62
13,175
1
6.70
6.70
7.00
2,505
4%c
5e
5c
Jan
16c
4,600
Jan
;
■
•
'
—
1.78
Jan
Powell
River
6.65
Jan
7.75
Jan
Powell
6%c Jan
Power
4%c Jan,
5,100
46c
6,500
41c
Jan
58c
Jan
Pressed
15c
Jan
19c
Jan
2,200
76c
Jan
82c
Jan
18
Jan
18
Jan
110
25
Jan
27
Jan
11c
Jan
16c
Jan
18
18
18
500
27
14c
26
ll%c
27
15c
45,733
1
-a
2.30
2.20
2.30
4,465
2.05
Jan
2.30
3.35
£•00
3.25
Jan
22c
3.40
25c
3.50
—
4,950
16Vic
Jan
25c
Jan
45c
Jan
13'/4
56c
2,000
2%c
Jan
4 %c
7,500
Jan
15c
Jan
Preston
East
13%
61c
48c
46c
48c
15,400
56c
Jan
40
39%
40
905
39
Jan
41%
Jan
73c
12%
73c
14'A
700
71c
Jan
88c
Jan
12%
Jail
15
Jan
66
66
5
60
Jail
66
Jan
.11
11%
237
11
Jan
12%
Jan
1.80
1.90
3,980
Jan
2.10
Jan
14%
5Vic
Jan
14%
Jan
6,000
5%c Jan
6%c
Jan
10%
14%
6c
10%
200
10
Jan
10%
Jan
51%
51%
30
51
Jan
52
Jan
74c
85c
5.200
70c
Jen
79c
Jan
4 184
76c
Jan
86c
Jan
12%
Jan
14%
Jan
1.32
—
14'A
66
_1
12%
12,250
Jan
13%
Jan
70c
Jan
Purdy Mica Mines
Purity Flour Mills
3.00
3.00
1,000
2.60
Jan
3.00 Jan
6.40
640
6.25
Jan
6.75
19
19%
160
1.85
"
_1
,
—
—,
10
common
—
40
Preferred
Jan
—
1
Proprietary Mines
Jan
6.40
,
19
Jan
1,000
8,900
-1
159,000
Jan
16
C
3%c
__
65c
Ltd.;
^
1
Gold_J;__-L_^_:___l__ii____—1
63c
65c
183
485
1.25
Jan
17%
Jan
Jan
.1.20
1.25
43c
51c
(1936)
Gold
Jan
55c
Jan
1.16
Jan
1.50
Jan
85
29%
Jan
31
Jan
Roche Long Lac
27
Rochette
41c
39,600
29%
29%
29%
"
29%
"
27%
'
605
Jan
29
Robinson Cotton
12%
12^4
13
155
12%
Jan
13%
1.25
1.35
15,675
1.23
Jan
1.46
Jan
16c
16c
1,600
8%c
9c
10,800
1
9c
-
i__—0
:
Little
•*
-
15c
Jan
16c
7%c Jan
Jan
1
1
1
1.08
—
1
Oils Co
Roxana
•
Gold
Royalite Oil
2.60
2,483
Jan
3.00
Jan
Rupununi
95c
1.31
129,900
85c
Jan
1.95
Jan
Russell
11c
1,000
10c
Jan
12c
30
23c
Jan
Jan
;
33
'
Jan
9
16%
6c
10c
50
12
8
Jail'
Jan
12%
Jan
Jan
9
.
Jan
■
115
15Vi
Jail
163',
Jan
1,000
6c
Jan
8c
Jan
2,500
10c
Jan
46c
54,900
27c
25%
16%
17
7%c 7'/2C
19c
20c
13%
14
■
—
"■
—
1.41
,
—
1,640
250
14 %c
Jan
Jan
49c
35c
34c
25
Jan
24%
Jan
25%
Jan
16%
Jan
19
500
5c
Jan
8
9,500
17c
Jan
23c
Jan
1,160
24%
17
7Vic
19c
13%
13%
Jan
14%
Jan
11%
Jan
16%
Jan
38%
Jan
40
Jan
Jan
VaC
Jan
Jan
1.30
.
2.80
2.60
Mines
Industries common
'
1
:
Gold
1
Mines
Lake
Gold
1.35
;
9,610
1.25
Jan
1.50
Jan
9%
Jan
10 Va
Jan
619 Jan
7%
Jan
Jan
>3.15
Jan
Jan
35c
Jan
•
10
10%
465
7
6%
7%
3,010
1
Mines—
10 Va
•
2.99
2.85
2.99
'
2.85
8,820
29c
35c
;■ ► 10,700
1.90
7,300
2c
2 Vic
20
20
29c
1.70
Jan
1.95
*
Gardens.
Leaf
20
Milling———
.
—______
*
3c
Jan
Jan
2c
9,000
*
20
,
"20
20
6%
13
21c
Jan
22c
12%
Jan
14%
Jan
31c
San
6c
Preferred
.20
new
5%c
1,000
5c
Jan
18%
1,835
17%
Jan
26%
27
100
.r''
10%
com
10%
20c
20c
.100
Mclntyre Porcupine Mines'—
McKenzie Red Lgkp
93%
59
59
58 c.
Jan
20c
Jan
60c
93
Jan
98
59
25
56%
Jan
59
56c.
60c
6,920
7C
Preferred
Shea's
Jan
,
55c
Jan
75c
Jan
29c
Jan
16%
Jan
177/8
Jan
Jan
1 lc
Jan
3
7,100
7c
21%.
3,300
2%
Jan
7.25
7.25
Mining Corp
7.50
620
7.10
Jan
7.50
Jan
50
13%
Jan
14%
■.<'
19
Jan
19%
Jan
6%
Jan
19
19
6%
35c
Works—..
——
Brewery
WPg
36c
15%-
•.
68%
<16
50
'
6%
50
«
35c
8,000
16
235
-
-
66%
'69%
25
25
25%
Brass—j.—
4
a
Mosher Long Lac—.
14c
12c
14c
20c
-20c
-r
3.000
1,500
Moore Corp common
—2
preferred
Mylamaque Mines
National Breweries
44
common—.
Drug, preferred-.
i—_5 '
L——i.~*
20
;
.
44
J
301
Jan
Jan
39c
Jan
■
127%
Jan
46
46
17c
Jan
12c
Jan
17c
Jan
Jan
95
16
Jan
16 %
14
Jan
14
50c
Jan
250
21%
Jan
340
46
Jan
14c
Jan ; ;
25.700
,4
*
10Vi
1.05
lOV-i
1.10
10%
1.01
Breweries
Jan
"2.47
14%
14
2.80'
14%
14%
7.45
7.30
7.45
70c
13
37c
49c
13
36c
70c
13
40c
11 %
U
11 %
2.50
,14%
•
;
:
66q.
.
Jan
400
,
r
14.
•
Jan
50
•
10
—
Jan
9c
11c
1,500
• -
Jan
-
4.25
Jan'
20c
--
Mines
1
1 Quebec)
—1
-5
Silknit
Ltd
common
-
Jan
Jan
«
4
1
Silver Miller Mines
•
—'——•
Silverwood Da iries* class A——:
*
Class
Jan
Jan'
.W-ar
Jaii
I x& .5*:?*
JaiM4.
1.15')Jan. *
43,869
2.47
210
14%
Jan. f
180
14
3.13
Jan
''
•:
•
i.
15'%'J ^Sn»; ti...
—
•
1—•
Preferred*.t
----100
Jan
Jan
Jan
"
14%c Jan
Slscoe
Gold
Bladen
-
45
43
24c
•44
Jan
10%
Jan
..
1
15
28
<28%
-
-
-120
75-
•
••
28
-
Jan
-
26%
•;
25.
25,100
530
7.20
49C
Jan
Jan
r '
''TOC-'-Jnh7'1-
•
13
Jan
13
Jan
36c
Jan
48c
Jan
12^k.VanlV:;
11%
Jan
H%
636
11
Jan
26%
125
26%
Jan.
225
21
Jan-11'"
130
99%
Jah> .v..
.
.
11 Vi
Jap;r.<3i
2T:t
_
'Jin.'1
*
21%
100*
Jan
'
4Qc : 45c
Slater Co. (N)
common.
1,150
40c
Jan
32c
35c
13,300
32C
Jan
28
28
25
28
Jan
18
35c
18
5
18
Jan:
47pi
.
39c
Jan
"
"""-20
——
28
Jari
19
>
Jan
Jan
Jan;
Springer Sturgeon
16
Jan
1.43
Standard Chemicai^ commont
—
•
15
— <■
21%
21
99%. V 99%
—
11%
Jan
13
11 % "
1.1',-
Malartic Mines.
Southam Co'
-
%
335
52,950
Jan
26y8
4
Jan
18c
16%
71%
,
Jan
12c
-
:
Simpson's Ltd class A
Jan
66 %
100
25
44
15%
25
225
•
4
ll%> ii%
11%
;
common
-
;'
4.00
500
51c
59c
21Vi 21 j
—-
"A"--——-—*
Class B
Montreal Locomotive
121
4,800
16f
.14
'16
14
—
——1
"
~
Porcupine
4,031
4.20
10c
13c
4.05
10c
llVic
55c
—100
—
Mines
Silanco M & S Co Ltd—
14% -V
6%
Class A
95
Jan
.
V14%
Modern Containers com.
125
--
1
*
common..—;
V T C-.^c-J——
Sicks'
r
-
125
—
Sheep Creek Gold—
—50c
Sherritt-Gordon Gold Mines——
-1
Jan
20c
.
805
8C
Shawkey
8igma
2%
■_
Mines
class
.
Jan
2%
:
______
Brick
50
*f
8,400
17
14
39
4.10
10c
12c
1
1
*
Jan
.'
,_I
Ltd
Ltd
Shawlnigan Water & Power—
Jan
20
16%
16%
Mercury Mills
13%
10%
5,970
2,710
21c 25%c
.
—,
McMarmac Red Lake Gold—--—J
Oil-
11
25c
Mines
Gold
Senator Rouyn
Jan
93%
:
93
1—5
—
28%
11%
38%
^
—
A—__———:41,
Scythes & Co common.
——
*
Scarfe
18% Van
26% Jan
River
Sannorm
Jan
5 Vic
17%
....(<-;
.
'
-
100
—
Gold
Antonio
6and
Jan
26%
1
;
'
■
•'
Jan
18c
450
11,300
,
18
_L
Massey-Harris common
McColl-Frontenac
13%:
.
Mills—
preferred^.
—
.
50
i
—
Paper
'i'
'
'
1
±
A
Lawrence
Jan
Jan
Preferred
St
140
—
_•
St Lawrence Corp common
•
& Eastern
Leaf
•
1
•
10
*
1
^-1
•
Royal Bank
9%c Jan
lie
2.70
1.72
Preferred
9
—
——
12
"
—
0
common-.
--—
Roybar Chibougamau
32c
,
18c
Jan
1.35
Class A
Jan
*
*
1.89
National
3,500
■•■■.*>"r'
11,740
55c
•
1
National Grocers
Jan
Jan
1
.
Jan
2.50
12%
9
16%
6c
10c
Jan
14c
1
4%
9C
Jan
70
13c
Jan
Malartic Gold Fields
Morrison
Jan
2.50
105
Jan
Magnet Consolidated Gold
Tool
6 Vic
200
30Vi
13c
11 Vic
1.30
MacMillan Export class A
Class B
Modern
17,300
30
1,000
4,100
1
V
MacLeod-Cocksnutt
Moneta
7c
2.50
Riverside Silk class A————.1—~--
13c
*
Macfie Red Lake
Mid-Continent
1.15 '
7c
2.50
7c
—.—i
____i.__l
1
—
Jan
1.15
—
19c
12c
1.20
MacDonald Mines
Milton
Jan
19c
13c
1.25
Mines
Rights
Preferred
1.15
~
.7' 11 Vac
1
14%
200
Richmac
V —1;
*
Yellowknife
Martin-MoNeely
1
755
13%
Jan
Kegcourt
Robinson
Gold
—_
■
Gold;
Reiiabie Mines
11 Ve c
1
—
: 13
:
Jan
78c
Jan
Jan
1
Macdonald
Reeves
A'Ac Jan
61c
14.000
"
70c
81c
13
70c
81c
1.80
Jan
16
600
1.20
1
Quemont Mining
Jan
8c
Jan.
,
3 %c
70
3,500
1.22
•
l.eitch Gold Mines,
Lmgman Lake Gold Mines
16
3 Vic
3
-1
11c
Quebec Manitou
Queenston Gold Mines
7%c Jan
Jan
5c
20
Jan
8c
5c
6
Jan
1
__1
-•
Dome
56c
2,205
56c
3.00
Jan
22c
Jan
10c
12%
L
'
1
Metals
3 Vic
8c
Marcus
Jan
67,500
—100
3c
11c 13 Vic
9c
Maple
Maple
46C
11,400
19c
.
45c
46c
11 %C
6 Vic
Manitoba
Jan
*
Rouyn Gold
Corp
7c
Red
»"
3c
•
Jan
8c
Madsen
Jan
Jan
Jan
t
42c
Gold—;
1.43
6 Vic
Macassa
5c
Jan
14%
8c
~
7Vic
2,500
8c
4'/2c
82c
Peninsular
1.60
19
____•
Jan
6c
3%c
—
1.50
6c
—
Jan
1.55
6c
—
*"
Jan
Jan
Jan
1.45
1.47
.
1.31
80c
Pioneer Gold
17 %c
*
Gold
Jan*
l
1,700
7,500
8c
Lynx
Jan
1.15
40Vic
15c
Porcupine
70c
%c
Lunward
Jan
16c
42c
—
35c
14
14
1
Goldfields—
11c
Jan
16c
*
1
Gas
70c
*
;
Hosiery class A—
Jan
81c
Engravers
35c
35c
1
Class H
7Vic Jan
Jan
1.35
16%c
—
Pickle Crow Gold Mines—
1
London
15c
Jan
10
:
1
Louvicourt
Jan
1
Perron Gold
24%
1
Little Long Lac Gold Mines Ltd
loblaw Groceterias class A
Jan
Jan
Jan
-1
Pen-Rey Gold Mines
Jan
7c
*
__
70c
59c
92c
13 %c
1
41c
Lapaska Mines
Lencourt
Jan
2.20
1.00
1
35c
•
24%
—1
Lexindin Gold—_
Jan
6
:
Jan
Jan
9c
33,050
Gold
Oil
1.87
11 Vic
9c
—1
1,000
15c
Mining—
Leduc-VVest
Jan
5
Jan
13c
»
Malartic
1,500
50c
1
:
Jan
90c
7
,
5c
14c
Mines
Candy
Jan
4%
1,110
♦
—
12c
43c
Mines
Secord
4Vic
Jan
8,000
,
'
Laura
Jan
91c
1
Mines
5c
15c
it Exploration
Lebel Oro Mines
4c
4 %
Jan
»
•
Cadillac
12c
■
1
Mines
,32c
5c
1
51c
:9 1-i C
Mines
"U"
Jan
55c
Jan
I4%c
<■
1.30
Lang & Sons
Lapa Cadillac
Laraer
Jan
10c
Jan '
24c
j
46c
1
Gold
Jan
10c
Jan
6c
Jan
1.85
Jan
Jan
1
1.30
13%
14
—
5c
Gate
Mines__
Luz
1.65
i
Mines
Hershey Tubes
Pamour Porcupine Mines Ltd
-
La
Jan
3,700
9
Page
48c-
l
Shore
Lake
24c
3,100
14c
Gold
Lake
Pacific
32%
■
1
Rowan
Lake
Jan
Jan
Jan
Jan
102
_i
Fortune
51%
15c
12c
Petroleum
46c
32 %
♦
Dufault
Jan
5%c
7%
Red Lake
30 %
29%
-»-*■'•'
46
5c
13c
Oils
Jan
5c
12,500
12
12
*
1
Jan
1.40
13 %c
5c
8%
Car___
•
13,050
41,930
1
Mines
50c
29%
64c
1.25
——_«■
■_
9
32%
59c
1.08
*
Exploration
8',i
•
60c
1.24
1
Premier Trust
Lake
125
7,305
Gold
5%c
Lake
Lake
5%
2.04
•
7%
1
Kerr-Addison
5%
1.90
•
<'
1
Gold
5%
1.95
Malartic
Omega
16
.4.
Jan
Jan
1.20
Jan
24%
5 Vic
Jan
6c
40c
5
.
Mines
Oils
O'Leary
15%
12%
24 To
i
7 Vic
8c
1
,—
Gold
Okalta
Jan
1
Hill
4%
common—
Ogama-Rockland
13 %
8%c
46c
Jan
Jan
Jan
21
.
Canada
Inca
North Star Oil
Jan
10%
10
111
10
26
30c
"
Laguerre Gold
1.70
27c
Jan
Jan
25c
'■
___—_—
Mines
Mining
1.82
47c
1
Gold
Labrador
2,700
1
40c
44%
3,400
1
Golden
20c
<■
Jan
50
28c
23
50c
Ltd
Kirk land
19c
1
51
Kirkland
'
Norseman Mines
t.—*
Mines
Mining
Kenville
1,437
•
Porcupine
Keno
48%
20,600
•
common
Kelvinator
Kelwr^n
<46%
40c
44%
31C
Petrol
Kayrand
48%
l
—100
Co
Petroleum
Quebec
120
Mining.
—
Uranium
Mines
1.30
Normetal
— —
Mines
Jason
1.20
1
Jan
5c.
4c
19c
1.20
Norpick Gold Mines—
25c
com
Jacknife Gold
Joburke
1,000
Jan
1
Mining
10,000
5c
J
Norbenite Malartic Mines
Parbec
Jack
6%c
<■
6
A
Mountain
4,600
6c
5c
—5
—
*
___
International
Jan
40c
6c
;
Jan
*
—.
Nickel
35c
35c
1
»
—,
—
8c
—1
class
Jan
6.80
26
Jan
28c
Jan
115
Jan
31c
Jan
Jan
Jan
25
Gold
Metal
Merger
Yellowknife
44V2
_■!
common:..
Ingersoll Machine class A_
Preferred
37%c
Jan
1.12
Jan
20c
Jan
£1
International
1
5%c
Jan
27c
75,500
24c
6c
100
Inglis, (John) & Co_
Inspiration Mining
lnt'1
20c
5.75
•
Bronze
22c
10%
10
International
95c
8,300
29c
Jan
Jan
New
10'/a
preferred
Jan
2.60
Jan
5c
18.679
27c
5,425
7,960
100
Oil
Lake
4,600
1.15
Noranda Mines
18%
3c
Preferred
Indian
5%c
95c
27c
8,000
A__
Varnish
5c
1.15
8c
Imperial Tobacco of Canada ordinary_5
4%
5%c
6.20
47
Bank
Imperial
1
1
:
—
11%
J.
paid——.
Jan
28%
Jan
2.15
8c
—3—5
Huron & Erie common.
Imperial
Imperial
l?l 272
5.90
40c
preferred
class
2.60
10%
Bay Mining & Smelting
Malartic
.w
Ltd
2.20
Jan
22 %
Jan
27
8c
Hudson
Hunts
35
6.20
Howey Gold
Hugh
27
10%
Gold Mines
Mines
Smith
27
34
Jan
20%
12
.
Gold
795
2.60
Mines
18
12c
Yellowknife—..
Howard
22
1
lie
I—
Consolidated
20%
32%
1
Mines
6c
Oil
Homer
34
__
Gold
55c
....
Dauch
&
——10
Htyn
Low
33
21
Range Since January 1
High
35
„
*
Negus Mines
a
New Bidlamaque—
Nib
Highland-Bel]
Highridge Mining
Highwood Sarcee
Low
_____*
—___
_
97
15c
Heva Gold Mines
Hinde
Car__
15c
10
——
Shares
Jan
Hedley
Preferred
A—'—
Norzone
99
_
Mascot
;
Hendershot Paper common
for Week
Jan
84c
,
Gold
Pipe,
Trust
79c
Mines.
Hasaga Gold
Heath
Sewer
13c
47,610
11
National
Jan
8c
Gold
Range
of Prices
Par
Hign
Low
80c
Gold
Hamcana
Last
STOCKS—
Range Since January 1
High
13c 16 %c
14c
Mines.
Sales
Week's
Friday
Shares
Sale Price
for Week
Lota
Par
ENDING JANUARY 30
Sales
Range
of Prices
Last
Sale Price
STOCKS—
MARKETS
LISTED
RANGE FOR WEEK
Monday, February 2, 1948
CHRONICLE
FINANCIAL
28% Jan
Preferred——_-_u.—
,
100
6%
:
.
.
1.45.
1.38
6%
95%
If
96%
.
4,100
1,195
25
.1.38, Jan
6%
Jan
1,50 Jan
,
Jan.
*95'Vi
•,
■
.7%
Jan
-^7X'.,.Janm
For footnotes see page 42.
V' *
'
Number 4669
167
Volume
THE COMMERCIAL
&
CANADIAN
RANGE
Wetk'i
Friday
LISTED
FOR WEEK
Friday
Range
for Week
of Price*
Shares
Stanley Brock
5%
6
165
*
19%
20%
160
class
A__
9%
9%
20
9% Jan
9*2
Jan
Winora
5%
5V2
10
5'%
5%
Jan
Wood
—*
Class B
o
Low
19%
Co
1
Freferred
!
common
*
Ltd
77c
Jan
Jan
15
71
80
70
Jan
78
Jan
Ymir
Yankee Girl
75
76
130
75
Jan
80
Jan
York
1,000
9c
6,000
2.06
1.75
1.85
2,400
18c
18c
1,000
1.75
1.85
1.85
i
Mines—
Theatre Properties
•-
»
98
140
5c
5c
1,000
127% 127%
15
1.72
15
25%
10
50%
5
100
9%
3.20
27
3.25
Gold
2.05
Jan
25
9%
Jan
3.35
8,015
3.15
Jan
3.50
Toronto General Trusts
1
Works class
100
1.35
Jan
1.35
Jan
304
13c
10c
10
5
Jan
5
45C
10c
135,900
Jan
21c
75c
6,507
70c
Jan
80c
12c:
3,100
10c
Jan
12 %c
12
Jan
12%
105
172
50
172
Jan
25
10
Jan
10c
11c
174
British
Columbia
Brown
Union
Mining
1
class A__
Low
8%
78
Range Since January 1
High
25
85%
Low
High
,
8
Jan
25
30
25
Jan
26+4
Jan
85%
635
74
Jan
87
Jan
160
Jan
4
Jan
100
Preferred
Jan
% .10
50
160
92
89
92
.245
12%
*
*
Fairbanks Morse
0
•
Jan
£'c 10 %c
2,071
8c
Jan..
18%
183/a
*48
48
15
15
7% Jan
88%
Jan
••
Jan
6+8
Jan
Jail
Jan
108
:
Jan
Canadian
Industries
12c
.
Jan
Canadian
29 Va
Jan
18
Jan
19
Jan
185
47
Jan
48%
15
16
720
10c
3,000
7
700
l
2.19
2.05
2.20
12,794
2.05
7.00
6.60
7.00
920
6.60
9'/2
9%
9%
20
9%
Canadian
■
Class A
Jan
16-
Jan
9C
Jan
15c
Jan
Canadian
6
Jan
7%
Jan
Consolidated
Jan
2.35
Jan
Dalhousie
Jan
7.05
Jan
Disher
Jan
9%
Jan
Dominion
Textile
Canadian
Western
Lumber
5.10
6,493
Jan
5.20
Jan
Dominion
26+8
1,093
25 % Jan
26%
Jan
Donnacona Paper
11%
605
11
Jan
11%
14
14
25
14
Jan
14%
Jan
12c 12 %c
6,100
10c
Jan
9c
Jan
10c
—
(Geo)
12c
4.60
Foothills
new
23
260
22%
Jan
24%
Jan
1.75
200
Jan
1.90
27
26
27
100
26
Jan
28%
Jan
__
135
135
40
135
Jan
143%
Jan
3%
3+8
3+8
45
35
41
17%
16%
18
3,632
16
3,325
••
48'c
1.75
•,
Jan
1,100
"
+
3+8
Jan
3%
Jan
Jan
45
Jan
Jan
%
19+8
Jan
48c
50c
45c
Jan
60c
21%
21%
10
21%
Jan
21+2
Jan
29%
30
45
29+4
Jan
32
Jan
*
150
'11%
Jan
12+4
Jan
Jan
23%
—
Jan
4.10
'
:
Jail
21
3.75
3.10
Jan
International
Minnesota
v
Jan
29%
'140
28%
Jan
29%
Jan
33'/2
33%
34%
25
33%
Jan
36
'
22
975
4.10
15,555
21
3.00
Jan
23
23
195
21
Jan
23
Jan
21
"•■■v.- 4
21
Jan
22'%
Jan
55
52
56
2.475
•'51 %
Jan
59'%
Jan
'2212
•
1.000
11%
y-
21
22
22+8
1,250
21+4
Jan
23%
Jail
5
2,100
5c
Jan
6%c
•
9%c
Jan
:
V
Paper common
Ontario
&
•
Paper
_L._—————1*
* —
5%C
1
2.40
2.40
2.50
400
-—*
38c
38c
40c
2,580
37c
Jan
40c
Jan
32c
32c
500
30c
Jan
32c
Jan
6%c
6%c
500
6
8c
Jan
1.00
1.00
2,500
24
24
26%
1,395
34
Jan
Jan
Pend
100
100
100
100
230
99
Jan
101%
Jan
Southmount
l
9 V2c
9c
9%c
1,000
9c
Jan
11c
Jan
Southwest Petroleum
7c
7%c
2,000
7c
Jan
10c
Jan
Temiskaming
:r 7%c
8c
5,500
7%
Jan
He
Jan
Yukon Consolidated
com
11+4
22
*
0
:
11%
•
com
*
29
*
:
Jan
22%
29%
i-—
Oil
Oil Selections
Mines
Larder
34%
_*
Humberstone Shoe
19V2c Jan
9c
•
*.
Preferred
Jan
325
Jan
i
Wiltsey-Coghlan
32
1.75
—:
11
*
Weston
50
*
preferred—
4.90
Mines
:
Jan
32
22%
*
Oil
Steel
?•;< 26%
West
Grocers class A
12%
—
Paper
Hayes Steel
Products
Jan
Jan
2
Westinghouse
5.10
1
Westeel
18+4
12%
0
common
Bridge
:
11%
Wekusko Consol
Western
J ab
24
32
—100
26%
_•
.-.
16%
12%
1
Preferred
•
W)
>
17
12%
45
common
,
Vickers
*
&
i
16+4
Jan
6
com
Sugar—-
Marconi
Jan
9c
•
Dominion
10
■
65
S
&
Jan
29
6%
Amulet
7%
55
48%
___*
Winchester
Sales
Shares
30
Canada Vinegars
_•
Ltd
Malartic
Jan
for Week
2,775
Canada
.
»
Viceroy Mfg
(G
4%
160
Jan
9%
*
_
Ltd
Jan
4%
Jan
1,555
—
25
;
(Hiram)
3*4
4
12c
9%
18%
50
preferred
preferred
Upper Canada Mines
Waite
200
160
63C
9%
29 Va
1:
__*
Steel
Waterous
4%
412
Jan
212
29
—*
Oils
Walker
8%, Jail
1
common
Jan
7%
8c
Ventures.
Jan
100
t
Co
10c
5,400
7%
9%
United
758
Range
Pulp & Paper com__*
51c
2,200
55C
—
•
United
Jan
25
.—*
Preferred
Jan
10%
52c-
52c
.
Gas Co
A
9c
7%
8%
Canadian
10c
Union
class
Jan
'
1
•
B
7%c
of Prices
,
Asbestos Corp
Jan
—
12
12
Jan
3,000
Week'*
Par
.1
Andian National
Jan
10%
common
Fuel
Jan
,35c
Last
Jan
12c
*
Class
2.90
Jan
Jan
7%
Friday
Jan
70c
172
Transcontinental Resources
United
Jan
19c
Sale Price
STOCKS—
Jan
10%
Twin
United Corp
Class B
2.61
Jan
127'%
Jan
Canadian Fund*
Jan
Jan
100
Towagmac Exploration
City
127 Va
Jan
.Jfah
8c
Exchange-Curb Section
Jan
41c
„*
A—,
Jan
4%
Jan
1.35
12,800
12
7%
—100
Toronto Stock
Jan
5
__*
:
______100
Jan
(
Elevators
__
Jan
5%
45c
73c
8'%c
5c
18,100
7c
98
7,495
40c
25%
Jan
Jan
1.99
61c
27
5
*
_
2.71
25c
Jan
Jan
51%
41c
1
Tombill Gold
2.62
40c
21+ij
97
Jan
19c
Jan
-j
10c
B
Jan
43c
1
A—1—
class
Jan
»
Mines
class
New
5
*
____.
Thompson-Lundmark Gold Mines
New
Jan
Jan
1.35
1
2.71
—•
Jan
Jan
50 %c
9%
___5
__
—
2.40
Jan
500
Yellowrex Mines
10'%c
Jan
Jan
50%
~5
Oil
1.74
15c
5
26%
50%
*
10
Gold
Jan
7,258
50'/2c 50%c
__5o
Toronto Iron
97
Knitting Mills, Ltd—
y
9c
2.20
common
Canadian
Toronto
58
Jan
.
•
Preferred
Toburn
Jan
15
2.30
common
Pearson
Thurbois
11.329
100
High
Low
25%
•
68c
9c
Gold
Teck-Hughes
preferred
10
1
Preferred
Texas
J>
5,400
50c
Tamblyn
Taylor
;
Range Since January I
High
23%
—1
__
&
15
2.15
Mines—
Cons
River
Gold
(Alex
70
76
Low
25
100
Preietred
•
75c
71
1
Syivainte Gold Mines
Taku
Jan.
Shares
•
common
68c
»
Inlet
Surf
Jan
20
k
Winnipeg Electric
15
25
.
_
Steeloy Mining
Steep Rock Iron Mines
Sullivan
75C
*
Canada
of
4
Jan
for Week
of Prices
Par
6% Jan
Wright-Hargreaves
Gold
Stedman Bros
Steel
High
5% Jan
.
Starratt Olsen
Sales
Range
Sale Price
STOCKS—
Low
—
Week's
Last
Range Since January 1
High'
41
MARKETS
_»
common
(581)
ENDING JANUARY 30
Par
Standard Paving
Preferred ■
CHRONICLE,
Sales
Last
Sale Price
STOCKS—
FINANCIAL
28
Oreille
Investment
Ly.—*
%C
2.35
Jan
Jan
2.90
Jan
'
;_1
Wingait Gold
1
.V
Mining
1
—
—1
1.00
Jan
%c
Jan
1.00
-
Jan
1.00
For footnotes see page 42.
Statement of Condition of the 12 Federal
Foreign Exchange Rates
]
Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world. We
give below
f
Reserve Banks Combined
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the Federal
i
to the
V.
a
record for the week just passed:
\
.
FOREIGN
EXCHANGE
RATES
*'
,
CERTIFIED
•>.
BY
JANUARY
(fn
FEDERAL
23,
1948
TO
y
RESERVE
JANUARY
'
U.
'
BANK
29,
TO
1948,
4
'
*
TREASURY
UNDER
TARIFF
-
Noon Buying
and
Monetary
Unit
ACT
Jan. 28,
1948
1930
OF
Assets—
INCLUSIVE
"
•
i
Jan.23
.
Argentina, peso—
$
Free
;
Jan.24
$
Jan.26
M
.
._
+;;■
Jan. 29
.297733*
for
F.
Industrial
U.
3.209140
3.209470
reserves
S.
advances
.022771
.022773
.022771
.022779
.054406
.054406
.054406
.054406
—5,569,897
—176,600
—1,280.057
+
+.808,433
—1
^oe^o
.908437
.570000*
.570100*
.020060
.020050
■.
loans
from
and
foreign
.908984
.908906
Uncollected
.570100*
/
.570100*
R.
notes
of
securities-
other
items
21,986,625
f
;
Denmark, krone-———_
:
+
England, pound sterling—
%
France (Metropolitan) franc
.——i
India (British);rupee.
—L—
Netherlands, guilder-——
.i
•
1
y;
•
;
•
i
*
'
"■
\
.'
♦
-:
'
'"'•••
4
.
.
-
.
+ •205753
.375750
;
.
1
4,375812
*
;
.
.♦
•••
.376187
*:
-
:
/
(
i
■'
-
1.000000
1.000000
1.000000
1.000000
.906666
.906250
.906458
a.222333
3.222000
3.222333
3.225000
Closed
Norway, krone
.201595
.201595
.201595
.201595
Portugal, escudo
.040047
.039928
.039821
.039803
.091324
.091324
.278264
Union of South
i,
.091324
.-278264
'
.233628
Africa, pound
' ,•;'
'
Uruguay, peso—y.
.
v
..
.
.278242
.091324
,
.091324
.278242
•
.233628
.
Closed
4.007500
/.
-
.233628
4.007500
•
4.007500
(Section
+
230,175
—
+1,181,402
676,641''
—
18,739
6,523
—
+"'409,149
—
.
273,170'
+
140,128
—380,729
+
691
+
16,256
.658300*
v
.658300*
.561800*
.658300*
.561800*
/
-
+
+ 122,870
196,901
7)
+1,547,509
312,068
;
.
4,928
504
+1,544,328
+
8,31'
448,189
+
27,543
«
+
8J
+
7,031
36,924
-
Total liabilities & cap. accts.
Ratio
.562040* ■
'•
29,533
8,361
.
.233628
1
j' i Noncontrolled-——_1
.—
46,696,146
Surplus (Section 13b)
Other capital accounts
.278200
4.007500
liabilities
Surplus
*.
%
;! +1,568,13|
••
2,383,405
Capital AccountsCapital paid in
.039837
.233628
•
; :
Controlled.——i-—
% 1 •Nominalrate.1
4.007500
—
•;..
->—118,938
+ 621,846
:
Switzerland, franc_
126,663
_r
Total
.201595
,
Sweden, krona_
+
.906250
3.223333
Spain, peseta-
84,898
20,137,400
Deferred
.908250
New Zealand, pound——
1,944,667
482,036
deposits
availability Items
Other liab.j incl. accrued divs.
.
1.000000
L
Free——
623
+
■
~
J;
17,304,922
405,775
Total
'
,'
+
.
Foreign
V."
•
•„
Other
.
^
-
24,158,085
Member, bank—reserve acct.
U. S, Treasurer—gen. acct.
.205760
.376125
*;
•
31
14,213
Deposits:
.301678
.205753
1
.
'
.
366,698
+
47,405,703
'
Federal Reserve notes—
: .301678
;
.
assets
7
10,400
—
+
—
137,459
:
—1,910,687
10^385
—507,597
32,966
-
'Liabilities—
•
.-'.y*4
,
.301678 ;
Total
.208604
4.03U71
558,091
—
2,771,851
>,
3,786,209
—1,876,295
—
156,868
.020060
.208604
.
+
.205753
;
.376561
.
,
4.028125
.208604'
4.027500
_
.020060
'•
Official--—
~
.301678
.301678
+,+
V;'..v
•
-
Newfoundland, dollar—
k
j
4.028125
V"
>.205753
om
p.
•
Closed
.008385
+
Mexico, peso——_———
J
.k;
—_
.208604
.208604
4.029062
.
:
446,210
+
+ 1,187,450
+
95
banks
—
pfeechpslbvakia, koruna—
44,800
+
22,269,690
banks
Bank premises
Other assets
.570100*
.020060
peso.
.909296
Govt, securities-
1.000000
F.
; 1,433.
.
—230,423
1,542,750
1.000000
1.000000
.35.830!
+
5,899,955
4,539,599
Total
1.000000
7,659
+
—
868
Notes
Due
1.000000
H Free—————,—1
if
112,749
10,004,321
Total U. S.
Colombia,
4,253
+
—
106,638:
+ 3,029,354
securities:
.054406
Canada.dollar^—
3,135,992
—
68,119
+
2,001
Certificates
.022781
Brazil, cruzeiro
+
1,881
+
281,064
loans
Govt,
>
5
Bonds
Belgian, franc-
Official——;
•
29,
1947
70,000
—
380,522
and
Jan.
S
+
21,656,252
Bills
3.212133
y
691,082
ctf.
21,
1948
R.
Other cash
.251247*
.251247*
.251247*
3.209470
Closed
3.210483
fund
gold
Discounts
.297733*
.251247*
.251247*
Australia, pound
Jan. 28
.297733*
$
.297733*
$
Jan.
20,965,170
notes
Jan. 27
$"
.297733*
vvy.
certificates
Redemption
Rate for Cable Transfers in New York
Value in United States Money
Official
dollars)
„
Total
!
of
Increase (+ ) or
decrease (-—) since
'
«
Gold
Country
thousands
_
; .658300*
.561800*
47,405,703
.....
,
,
.658300*
.561800*
•
note
liabilities
combined
Contingent liability on
purchased for foreign
respondents
Commitments to
trial loans
—
126.663
+1,568,134
-
48.9 (ft
—'
0.4 To
5.7
+
bills
if
cor¬
•
3,451
—
make
3,289
'
of
gold certificate reeerves, to deposit and F. R.
,
+
Indus-
-
-
+
500
'•
i|!
3,133
—
1
7,040
—
160
—
-
1,204
42
TEE ;€Q»lmClAL &
(582)
FINANCIAL GHRONICLI
•Monday, February 2, 19.43
OyiR^iHt-COiJNTJR ptCURfTJIS
vftMfltft.tjpn.s <fpr FirijflAy, January 30
,
investing Companies
Mutual
Funds—
Xt*
Aeronautical Securities
Affiliated Fund Inc__
GW
.-,1
1%
5.23
5.74
3.1ft
Apierex folding Corp__.
—10
American Business £hares——I
.,4.14
26%
28%
3.70
;4»06
3
Lopmis Sayles Mutual FUbd
7JJ0
14.'70
92.02
44.73
3.64
4.01
X
-Bond -Inv Tr of
5v%
4%.
93.41
97.30
Petroleum
X18.31
19.79
Steel
—1
America-^-*..-•■
5
Boston Fund Inc..
Bowling Green Fund Inc
100
Invest Co Inc—_6
8.11
842
Broad Street
15.65
16.92
Bullock Fund
Lld__—_.—!_!_!£%•. jl6i79
18.40
_1
3.70
Century Shares Trust
*
28.23
4.85
30.36
Fund——J
-1
13.00
Chemical
4.23
com—100 2,860 '% 2,960
{100
141
146
Christiana Securities
deferred
——
Commpnwealth Invest
.Delaware
^Dividend
1
5.54
1448
-1
J25o
Fund—.—
Shares
4.18
Manhattan Bond.Fund Inc—
Common
,10c
'^Balanced
7.30
Freferced
11.83
13.12
1
13.06
14.02
.1
8.91
.
7.20
—
—.1
23.28
14.64
15.65
1.82
First Mutual Trust jFund
Fundamental
5.07
5
7.97
4.91
3.54
3.18
14.25
Fundamental Trust shares A—2
General- Capital.. Corp_—_—•
5.51
1
5.05
5.95
—
10.58
11.23
Diversified Investment Fund—
11.60
12.T1
10.48
11.49
10.77
11.80
7.50
8.22
9.80
6.66
.
.
10.65
Insurance/stock-
7.90
7.61
8.25
Merchandising
Industrial Machinery shares-
7.16
7.77
Metals
9.41
9.88
7.09
7.69
6.26
6:79
7.39
7.91
Vl.
2.46
;
8.00
.Tobacco
4.93
1.61
.5
20.97
22.67
&
Trading
84c
'
93c
1.03
Stock and Bond .Group jh&res
Investment do of America
.10
.13,04
,1.4:29
24.84
27.00
Invest Management Fund Inc—1
12.88
13:16
,1
10.37
6.15
10c
28.46
23165
25J80
16.18
17.65
9.17
100.0046
.0176
.9917
.0344
i-'\
'X
Bid
2-
2-A8 >1.25%
2-48
Dated
;%A!)kV
Ra(e
vl.10%'
1.15%
9-
l.|p.%
1.15 %
10-
1.15%
Ask
1.45%
1.50%>
1.30%
1-48
8-
2-48
•71.55%
<1.40%
Dpe
1-47
1.30%
•BM
7-
2-47
1.25%
DHOv
.6-" 1-48
1.35%
l-AS
1.20%
11-
1-48
1-48
1.15%
1.25 './>
12-
1
4-
1^48 -1.35%
1.20%.
1735%
1-
8-
5-
1-48
1.40%
1.25%
2^47
1-47
1-47
.
1.30%
United States Treasury
0.89%
0.90%
b0.97
1948!
March 4,
March 11,
1948———
—
0.91 %
6.57
7,13
7,80
V
21.51
9.08
9.26
Wellington Fund
Whitehall Fund Inc
World Investment Trust
1
16.49
18.00
—1
14.82
15.94
1
7.25
7.95
10.01
New York
the
Manhattan
Bank
of
Bank
of New York_.—
Co—10
.0.92%
0.91
0J2%
April 15,
1948
April 22 1948
355
b0.98
0.93%'
b0.98
0.94%
29,
0.92
b0,&8
1948—
'
1Q
38
Bankers Trust-
27.28
13.21
14.42
Independence Trust Shares
(Appreciation com Stks)_l
S-14 (Low Priced com Stk)__1
Knickerbocker Fund
1
11.78
12.86
North
4.33
4.73
Series 1955—
1
3.20
5.03
5.60
Series 1956
(1
2.60
Grace
40.
99
104
89
92
34%
36%
41
Bank Ac {Trust-,
.—10
43
>
2.50
:6.47
7.45
*
2.32
2.64
!—_
Trust Co——
Continental Bank
140
100
185
100
263
Trust
10
.Kings County Trust
Lawyers Trust
20 %
39%
.17
15%
1,460
loo
_!l2Va
.
39
Public NatT Bank & Trust-17V2
39
41 '¥■■■
7 86
Vz
40%
72
25
Title Guarantee Si Trust——12
United States Trust
100
1,300
244%
.
2
38>4
76
Bterljng Natipnal
-
.
S3'
r-
.
52 V2
!
,238
25
7 1
51
"50%
20
Morgan (J P) & Co Inc
National Jity Bank
Nqwl York. Trust
.74
.
14%
.
53%
Trust_20
51%
Empire Trust
50
70
Federation .Bank & Trust
10
14
Fiduciary Trust—!—
'.—10
37
First National Bank...!
L-100 1,240
272
■<
My?
20'/4.
,
19%
& Trust—lo
155
>
100 1,420
25
48
Manufacturers Trust Co_
Corn Exchange Bank &
Shares—
!'A«k"
Hid
_.«_.^.100
Irving Trust,
,100
—
Trust——
National
Guaranty
Hanover,Bank Ji Trust.20
Brooklyn Tru$t
Central
Far
Fulton
25%
370 !
Commercial National Bank &
Shares—
——-
0.91 %
tb0J)8
bo;98
Ask
.
24
100
Chemical
Unit Type Trusts^—
E
>b0F7
bO. 9-7
City Banks & Trust Cos.
m
Chase National Bank—_!——15
Amer Trust
A»k"
April l', 19"48—_
April 8,- •1948_.„
0.87%
b0.95
'
•
March *18,
1948March 25, 1948—
0.85%
b0.95
——
fi
<B<4
0.82' 7
b0.94
b0.96
26, ,1948
February
19.24
19.67
Series
;•»
"•'Asfev
bO.00
February 5* |948—.
Februaiy 13, 1948_
—
Eebruaty 19, 1948
21.64
1
Trustee
77T7V 7'
GUIs
42.75
1
Diversified
1.45%
1.50'%
1.65%
-"W
Bid
"
Preferred Stock Fund
1,60%-
lr.48
82c
"Series "C—
Union Common Stock .Fund B-l
10-
72c
65c
20.99
B
"9- 1-48
47
2-48
»*-•
74c
Union Bond Fund series A
Series
33-
7-.1-477
6-
6.73
42.75
Corp_*
25c
25.61
....
.991,1
.0397
11.22
V
6.00
Investment
>Stks)^l
Stocks)—1
com
.0098
April
17.60
Street
State
T'rusteed Industry Shares
Union
27.24
comrqen
Ask
Bid
2-
12-
1.10%
1.15%
27.20
18<63
(Income
7
,100.0021
—
99&780
Us Oct 1, 1948 Series K_!_— 99.9785
C 41 %s Jan. 1, 1949
lOOt0H0
%s • Feb7r: 1 r"i'949!!'—-—!!! 100,0147
,..
...
48.12
2%
8ejected Amer Shares
25.30
22.16
(Quality
.
^
Dated
1.10%
3.04
Wall Street Investing Corp.
S-3
7
.
5-1-47
'
"1.25%
15.52
2.75
-*
—
14.43
I
1
20.31
S-2
■
8.77
,17.07
S-l
•
8- 1-47
Kate
i:id%
1,10%
20
-5
..
Standard Utilities
Keystone Custodian Funds—
B-l
(Investment
Bonds)—.1
B-2 (Medium Grade Bds)—1
B-3 (Low Priced Bonds!_—,1
B-4 (Speculative Bonds).—1
K-l (Income :pfd Stocks,)—A
K-2 (Appreciation pfd Stks)_4
■
Indebtedness—
.-9720*
t%s June 1,1948——— ' 99.9789
11,13
JL
Fund
(Geo)
Sovereign Investors
9.62
8.78
76c
shares——
.
Insurance Group shares——
of
990597
7.54
10,16
Steel
Petroleum
4.72
Group shares
'::
■■
5.90
.6.89
Failroad equipment—-7
A
Republic Invest Fund—
Russell Berg Fund Inc
Scudder, Stevens & Clark
Fund inc
1.57
Group
T
5.90
5.47
Putnam
Institutional Securities Ltd—
.
■
.9717
11.80
5.38
-Utility
Railroad
5:32
AT,
Aviation
.Public
"/
4.45
4.37
Investors
..
,
99.9594
16.13
10.77
Pacific Coast Invest Fund
4.90
10c
Income Foundation Fund
■
f/zSMAT. 1, J948
! T%s .Apr. 1,1948—
J99.059 r* 'T'9 71.4
1, 1948 Series G_—
;f%s July 1. 1048 .Series K— _
Us Oct. 1, 1948 Serls J———
8.44
14:72
4.09
i
Howe Plan Fund Inc
V Bank
7.70
:
-
4.54
'Tobacco shares
iitiiity shares-
V-
Certificates
Asb
Nfd
1948 Series F
1,
,:%s July
990
9.03
4.99
—
.
*
"
4.58
4.51
shares—
Incorporated
2,69
4.21
stock shares
Railroad
8,12
^Machinery
5:57
7.49
Failroad Bond shares
RR Equipment shares
Bteel
5.62
5.13
Mining shares
Petroleum shares—
*
'7
11.33
red stock
^Diversified industry—
.Electrical equipment—
,
7.28
—
''
10.74
10.34
Corporate bond aeries
8.68
9.83
,9.36
10.95
5.1,7
Investing —
—
I^ow Price scares—
Merchandise ,shares—
'
6.75
9.99
Fully Administered shares—
General .bond shares!——
-■*
JT'bS July
.9908
.0387
10.47
8.54
Food .shares—-——
institutional ,-b.ond: shares.——
77T
'•
.
8.45
9.55
Diversified prefer
6.02
6.14
—
■- •'
10.82
7.71
—
Chemical
6,46
5.54
—
7;:r
4.07
6.16
.Automobile
Aviation
'Rank stock-.
7.57
8.Q0
1
shares
Ayiatlpn shares—
Building shares
Ghemical shares
:^iectj4oal Equipment
Maturity—
jCertnicaiBB of Indebtedness—
.2992
15.27
Building supply
6.98
Automobile
1%% ->100.2870
J.* ' 99.97-77
4.02
3.61
3.60
.Agriculture
5.42
Group - Securities—- yAgricultural shares
ISept: ,15. 1948---—
lOct. ;i,
1948-!!!!-!
6,77
14.24
.1
—
T
Ask
>
New. York Stocks Inc—
43.92
.
,
5777
9.87
New England Fund
6.37
40.85
Geperpl'-Investprs Trust.
5.19
,6.08
1—-—'
Series 1
Industrial Stock Series—
.Selected.Group Series!.:—,—
Low Priced Com Stock Series.
Bid
Int. Rate
,
.5.64
13.00
investors Inc——2
y
1.99
29%
27%
40
Corp—
Boston
24,56
22:72
I1A
f inancial Industrial Fund Inc lo
First
Stock
24.87
.1
!
"
'
7.11
4743
Series-!^-,
Speculative Series
Eaton & Howard-— k
' 7 ^ 4,'
Dollar Price
-►
7.27
,6.47
"
.Balanced Fund
Stock Fund—J
Fidelity .Fund Inc———:
9.63
6.62
Stock
.
120%
,14.34
Series
Income Series
•11^
1961
11* S. Gertificntes of Indebtedness
8.00
26.31
series
Priced Bond
Low
100.9*
4.61
.National,Security Series—"
Bond
99731
,100.5
.'
jlitsdti^
r
99.21
4.73
10.94
10
National Investors Corp
Ask99.30. 100-2
4786
24.34
—
.Investors Trust——
1
Mass Investors 2d Fund———1
Securities—
shares
(Oct; / I,'7tl95Q.nl948-*-i..
' 99.2277 100 i 7
l%svMay:i, 1952-1950—
7 96.28
97.8
"
-Iv* ,e0t*
ll/2s Jan. I,!l£te3-»1951_!_—__7
97.3? •'
98.8
:-l%s .Jan.. .20, 19.49
72%s Feb,<i:ljj»l855-1953u!-i.;i.!77l()0.i6 ,190*28 • ;
/S, -Other Jssue* \
7 -77!,/' 77v.;-!
77;,.:7"'.77 \-/]r:J • Panama Canal 3s
,4,62
4.41
-Mass
6.02
15,65
rl;52
1.38
point
Federal Hpme_.Lpqp^Bah.kSr—
W; \5'
3:97
3.60
__.—
'Mqtual Invest Fund Inc
,v*':
-
4.69
-
4.29
shares
Ask
,
,
4.6,6
4.19
shares
Nation-Wide
3.82
.
4.25
—
44.07
Inv Fund Ltd
Canadian
4.10
3.72
3.46
Furnishings shares——
Non-Ferrpus' ;MetaJs
—
.Paper shares"
——
4%
3%
Bid
,
...1 %S
Business Equipment shares—
Drug shares" —1—'
!—
Electrical Equipmentshares—
"General Industries ihqjW-—
7.78
Bank Bonds—
Federal .Land
"
Home
Beneficial Corp—•,
"Blair & Co————
or more 32nds of a
93.90
43.84
15.98
—5
jElgur*15 after decimal point represent .one
•
Styles, Se.cpnp Fund—.10
fAp.naged Funds— •
Automobiie 'shares
Lopmis
8%
,1
Axe-Hqughton Fund. Iuc_
\Axe-ftoughton Fund B
8 V
Bid
,Ftur
Associated Standard Oilstocka
Shares series A
Obligations Jlf Guvernmejil Agencies
v/M*'
,
8%
.
9%
570-%
540
Insurance Companies
Par
Bid
—10
Aetna Casual 6s Surety—
Ask
Par
8.7
_lo
43%
46
Insur Co of North
Life.
10
46%
48%
Jersey Insurance of N Y
Agricultural
—.—_—25
59
Aetna
Insurance
American Alliance
10
19%
20%
4
American Automobile
36%
11
—5
—A
American Fidelity & Casualty_5
American Equitable
American of Newark
:
American Re-Ipsurance
American Reserve
I
American Surety—
—
97%
Recent
12%
Bankers
5
Security Issues
24%
26%
4
5%
6 Vb
lo
17%
19%
56%
58%
30 7
27
ey8
Boston
6%
70
67%
73
18%
19%
70%
.Connecticut General
AkmUnental
LHe__—10
Casualty
Chum & Forster Inc
16%
7 70
50%
-10
——10
N Y
National Casualty
(Detroit)—10
.National Fire—
lo
National Liberty——7
2
—
National Union Fire
New
New
,52%
7
21 Vz
federal
w
-10
—
iqyty &
.
l^osit.Qf Mjl—-
—5';
_!_10
27%
19%
Hampshire Fire-i—,—10
43%
5
11%
13 %
—2.50
5
23%
25
New -York Fire
$ivqrl
Northeastern
—
—
7
12.50
General Reinsurance Corp
.' Gibraltar Fire' & Marine——10
Glens Falls Fire—.
.Globe &
Republic-
.5
——_6
Globe Se Rutgers Fire com—.15
2nd
preferred
Great American
Hanover
!
Hartford
15
5
"
7——lo
Fire
_10
Hartford Steamboller inspect-10
23%
41
■IVi
79
27%
26"
.103%
32
72
Pacific
Fire.
.25
96
.10,
:v
49
101
84
.10
74%
3i»;2
93
'
12-%
20%
28%
,43
8%
5%
Reinsurance Corp ( N "iJO—r
2
Repjiijlic (Texas) di-LLl '——10'
/R^yere'(tPj)ul;) PirAL^-u-——10
St PaulFire dt MarJiie-
12-%
Beappard Surety
——
10
"Security New "Haven!—.
10
•Sprgfld Fire & Marine———10
Standard Accident——.
5%
4%
n
29%
►Travelers
"27%
«U S
36
,U 76
Florida
Georgia
.1977
Pp,y(qr & Lt 3%s_..1977
102
.1977
97
Kentucky utilities 3s
N Y Telephone 3'/aSOhio Public .Service 2%s
S
vl'
-1978
100%
.1983
.1973
Potomac
lEdispfi 3 'As
Flect'ric
3s—
96%
-A
100
3.70% preferredPitney Bowes
pfd
Public 3ervice
(Indiana)^3.50 preferred
'■
.
100
!
5q
••
.1001
•
8.1.!%
.58
83'.
j ■■
.80
'.'p
•100%
1
102%
v 102.%:.
4preferred1—i^S' k--"""
SouthrvGal .Edison 4".88% pfd 85- " 27 Vr
Par
Speer Carbon. Co
„
Bid
American. Cladmetals
1
Appalachian Electric Power—
4Vzc/c ?pjpeferred »_•!_»—.-100
;• 1%
4%%>
"r—
404
102%
89
Birmingham Jilec $4.20 pfd—lOCi
Ask
■
.
54 42.
Robertshaw-Fltn Controls com-1
•!
Gas
k„
*
Transmsn
preferred
Co.—
-■
i
V
85
'
97
v ;
•-
.,9b
■
!
93
;ip;
•
Tennessee
7 7
Eiec—
100%
Toledo Edison Co 27/8s_.— .1977
Stocks^
,-103/8-
t
-Aj! f
y
"
13
'
!
-28
%;%
w"
---10£«-p3l£
:
Texas Eastern Transmission
Tucker- -Cqr p - '-'A-
.
im m
West p.isfnfecting
t
1
common-!50c
.*" 8%
- - -
-4-Vr
...
14
-
-
4-o-g
J;
% ri
19%
i ik>:
71
,f
.74
47:%
50
24%
726%
41%
43 V4
3,1
33
100
512
527
Bkiejity & Guaranty Co—2
("97%
93%
1978
pP
',7.
90
Pennsylvania Electric—
.
.102%
93%
Pacific Pwr & Light 3'As—.1977
Philadelphia El Fwr 2%s— 1975
.9.7.
90
'
103
96..
49
89
.
('88
102%
-197b,
,.
10%
101%
47%
'
90
.
1
pfd_100
New" England Gas m
4 Vz % preferred
97
Po|Kqf & Lt 3s
pfd_100
-29%
27%'
10
Fire-—
4
Guarantee
———:
10
Westchester Fire——-—2.50
lU
4-7 '
Monongahela Pow 4.80%, pfd 100
'95%
87
33%
Jisjs.
.
; 45
Kentucky Utilities 43A%
103%
94%
52
.
"Hid
Par
preferred
$2 preferred
Pow & Lt 4V2%
Harbor Plywood
101
102%
a
pdd Jot sale (not Included in year's range).
included'
in ^year's
change.
r
23
107,%
94%
93%
Dayton Power Si Light 3s. .1978
Delaware Pow & Lt 3^88— .1977
Southern.iCalsEdison 3V8S_
.-5
16%
19
7%
52%
90:
11 %
19%
$1:90
Florida
►Potomac
6%
.10
49
StocksConnecticut Light & Power-
95%
46%
Providence-Washington
46
...
29%
2
Preferred Accident
'
10
33%
29%
•■,7t%
•
154
_5
31,%
Pacific .Indemnity Co—
Fhoenix"
149
-10
Fraqklin Biro
%
.1967
Cudahy Packing 2%s
6%
6
29%
48%
—20
of Phila.
fireman's Fd. of San Frap
Firemen's o£. Newark.:
Assn
68
46
A3%
73
27.%
-10
27%
.-10
—
—
fimpipyees GroupEmployers Reinsurance—
25%
5
—
Casualty
Brunswick
Northern
.
94 !4
k—
.1982
3s
Firestone.Tire 8s Rub 2%8. .1972
North
iCamden Fire
GJty of New Fork
■■'•Ask
Bid
Bonds—
29%
5
Assur
17
5
.,10
Shippers.
Cleveland -Flee.Ill
47
Merchant Fire
_2%
25
-10
American
As
Arkansas Pow & Lt 27/8S__ .1977
21%
Merchi Ac M(rs Fire
-25
—10
14%
45
16%
30%
13%
27%
12%
28%
36
20%
preferred
10%
15%
33
5
Convertible
New Amsterdam
Baltimore
.
'94%
20
Massachusetts Bonding
15%
_2%
—10
:
Automobile
Vz
America
Maryland Casualty common—1
Prior preferred—!——
10
.39
American Casualty
'
26%
62
Aetna
.
Ask
24%
10
Home
Bid
5
v
84
45%
d. When
Cash
range).
sales
delivered,
e
Ex-interest.
(not included in
w
i When
issued,
■
f Flat' price.
-
Ex-dividend,
deliver s^|es ^hj^'
k Admitted to listing off N. 'J'.
year's range).-tEx-stock
x
d Deferred
y
Ex-rights,
dividend.
z
,%qdk''Ex¬
(Un) Unlisted
Ex-stock
lskue."
dividend.
47%
53
,50
65%
32%
w
b Bid yield price,
68%
■
34
•No
dividend."
value,
par
►
fin default,
tThese bonds
are
subject to all Federal taxes.
fEx-Ifq^Ic^atiji^
if-1
Volume 167 Number 4669
THE .COMMERCIAL
&
FINANCIAL
clearings this week will show
Preliminary figures compiled by
cities
of the
us,
an
based
increase
compared
with
a
Pennsylvania—Altoona
1947.
At this .center there is a
,' parative
gain for the week ended Friday of 27.2%.
Our
Chester
Lancaster
by
New York
Philadelphia
879,000,000
637,000,000
+ 38.0
Boston
438,372,012
347,922,948
+ 26.0
306,582,202
-247,486,6,79
+ 23.9
275,400,000
234,200,000
+ 17.6
,,
__•
1—
San Francisco—
(11
+ 32.7
210,693,545
$10,903,073,878
$8,577,892,332
+27.1
2,606,413,345
2,135,289,070
+22.1
$13,509,487,223
$10,713,181,402
+26.1
770,307,249,
$14,279,794,472
West
week
covered
furnish
Saturday and the Saturday figures
2,463,489,315
to
give final and
them
the
as
week
of
+ 12.6
4,292,177
2,988,785
249,349,136
+ 18.9
232,860,129
250,122,499
716,214,913
+23.4
619,463,199
618,448,921
Outside of this city there was
loss of 1.7%.
a
Nashville
the
District
of
12.8%.
The
San
Francisco Reserve District of 20.4%.
In the
following
Week Ended Jan. 24
OF
BANK
a
Total
44,473,733
13,522,ip6
.19,624,657
43,468,648
169,700,000
2,577,245
._____
19,024,642
260,200,000
3,604,035
South
man¬
2d
4d
New
12 cities
York
<6th
Terre
7,432,080,007
7
6th
Atlanta
Des
$
883,718,603
,716,214,913
+ 23.4
416,173,138
Total
17
,6th St. Louis
9th
Minneapolis
12th
San
.
_lia
We
add
618,448,921
340)845,440
303,745,346
8.7
+
;
586,724,619
+12.8
561,964,655
+ 14.1
709,730,316
+
6.1
76,640,557
+ 16.2
369,644,935
+ 23.0
243,250,560
+ 17.2
355,973,223
+ 34.7
232,741,593
667,932,025
+ 20.4
580,493,964
539,546,664
■
v
14,582,629,322
13,620,267,184
7.1
+
6,333,299,716
12,505,595,096
$
13,8,49,891
5,360,962,977
——'
Inc.
or
Dec. %
V
/
865,846
1,783,189
;
7,389,291
+
6.3
1,174,435
::
2.93,7,123
7;8
387,215,966
1,326,205
1,019,017
+ 25.7
[796,753
+
I 688,792
16,059,405
1,206,213
J Total'(12 cities)—',
C.
1)202,312
1,232,876
4,909,706
11,426,533
+ 19.2
3,039,723
2,502,195
22,108,127
':.
I.
8.1
+
8,676,719
/
16,650,481
+ 22.0
25)904,300
s
;
"
584,451,609
+ 22.7
'-1)163,452
535,070,592
4+37.2
:
.
9.2
+
2,177,169
19,623,416
7,289,281
: 14,525,916
7,070,226
+ 31.9
I
+ 47.7
741,043
480,721
+ 13.9
568,936,857
+ 23.0
2,420,073
516,297,854
1,744,457
+ 24.2
7,392,849
3,626,962
+ 13.0
2,625,383
+ 26.9
1,963,255
1,832,918
2,007,019
851,906,805
+14.1
709,730,316
647,168,771
» •<. ••
'
.
6,576,561
"
.
200,100.000
103,812,951
64,596,670
1,782,242
1,515,124
+ 17.6
537,880,128
462,814,803
+16.2
5,573,146
293,001,387
90,755,818
5,102,266
236,529,746
73,245,125
+ 23.9
.6,334,599
3,851,715
2,233,047
10,362,482
8,628,137
+ 20.1
7,231,594
6,842,893
413,112,194
.335,902,543
+23.0
243,250,560
224,819,332
257,662
;
(4 cities)
192,300,000
99,704,416
56,726,094
v.
1,135,314
-
>
,•+
•2}188,475
V:
19.4
V2,234,634
+15.7
63)729,398
^533,167
+ 29.4
;
Paul
Dakota—Fargo
Dakota—Aberdeen
-r-n,
;
838,175
k
1(130,539
—
407,937)949
■
:
•7,144,632,119
;-13^67:88l.
4 ^^09^2^? ■ !•'+ 57.7
Ill,540,739
|f0W,!Jersey+7Mont<^ir_^i—.706,147 .:
+
,+
9.3
1,439,679
-
164,634,000
7 '
- 939,553
1,572,801
6,427,488,430
,631,628
+ 11.8
34,559,294
+19.7
.
,50,166,490"
7^32,080,007
-
:
45,692,717
7,499,927)989:
+
9.8
—
0.9
6,760,812
8,769,736
5,568,448
,460,206
"
:.:41,379,290
11,426,764
7>6P9,178
.
"
<
:
+
4,143,409
173,512,920
3,527,238
156,872,499
51.019,944
9.2
51,024,219
3.611,675
1,686,047
1,254,761
+ 23.9
,+3)230,775
+
1.7
3,566,170
3,503,544
2,662,950
+
9.9
1,939,513
1,837,010
+ 21.4
484,881
341,820
+ 41.9
609,910
'364,982
+,67.1
346,666
,6,256,593
+
5.7
4,460,639
138,087,241
6,251,059
12,938,739
3.82,420,300
15,171,605
Wichita
H6,898,333
+
18.1
.81,527,675
.4,734,858
-
St. Joseph
530,791
28,853,360
24,654,790
' 38)214,974
7,319^7,775
4.6
8,410,189
+ 17.4
246,806,784
;7,009^)99
.1,203,837
1,215,814
231,526,527
.7,411,152
781,142
845,031
355,973,223
335,721,832
,4,402,730
160,259D0O
+ 20.5
—
12,332,291
+ 23.0
J,489,663
1,447,863
+ 30.2
566,526,120
483,549,623
+17.2
6,897,434
263,520;000
5)818,282
-100,925)000
+ 18.5
-5,962.683
-+38.0
25,854,850
5,238,000
20,558,947
+ 25.8
194,465/100
17,819,199
2,069.504
PUeblo
.Total
13,561,477
325,669,907
1,884,518
..Colorado—Colorado Springs-
•
5,166,674
:
City
166,411
360,414
3,649,558
79,901,761
2,735,809
8,344,027
(10 cities)
+ 38.9
J
Eleventh Federal
J
-
t
Reserve^.District—Dallas-
Texas—Austin
Dallas
•:FortWorth,_______
)
.
Galveston
WlchSta Falls.
-4)850^00
6^474332
.Loulsfaqa—Shreveport
-
8*104,387
313t089,003
-
-
.+-•8++-
2,643,238
•-7,570,1.03
232,365)570
37,059,878
+6.589,727,301
/' Twelfth Federal ^Reserve District—San
-Washington—Guttle
;
Yakima
Oregon—Portland;.
~
v ;
-Utah—Salt Lake City.
.
^California—LongyBeach
,+-34.7
•
3,834,000
<2,468,718
-
1,879,863
7,305^993
6,696,542
232,741,593
T'^191,646481
93,204,559
96,651767
+-•7.1
;
-
Franeisco
110,217,059
3450)548
154,700,637
;j02,334,982
.+16.5
3401)311
,400,302789
..+ 11.3
59772,982
9,792786
,
+34-2
<2,771)985
,+ 33.2
.
33,846)181
^136,665
.Stockton
III
1
,+ 12.9
7,247,927
+;13.9
380,322,645
+ 12.0
6/198,525
339,140,566
lp731)947
4,004,738
9,599,331
+ 11-8
7,943^457
4>Q84,4&7
8,968,372
.
L
,8,6.70,705
8,253,305
Santa -Barbara.
7,677,723
—
2,233,482
80,486^942
.425)840,760
Pasadena
Z
^Ban Francisco
San Jose "2__.
14,574^046
4,72^000
+ 31.4
7,651,355
■
Syracuse1^44:----^---4—;*•' 15.76.3,579
Ctonnecticdt-rStamfprd..-—.1—4^+L,4'•^••'••'4l^»6l8,721•
349,568,685
.6,610,363
Kansas—Topeka
f
547,616
8,809,669
+996,081'
,,
.
369,644,935
*
District—Minneapolis—
]
Mlssourl—Kansas
-
I 17,465,500.
-451)392,810
•
'
v
•
;
/;Jamestown_II_—____IIII"V. y 1.-1,766,420 ^.^1^63,874 -1+13.0
vNew
York----—-;—I-_-_I__IlIlI.. ^<17,165,351,653 : 7,286,067,468
1.7
-.Rochester——
j.
; '20,309,964
^4; 16,134,381 : 1+25.9
'"-
.Totay 12 Okies)
2,280,405
6.1
2,618,632
Nebraska—Fremont
.6,499,194
.
-735,195
80,295.781
92,875,069 /
Je*$ey____-_____II -i-
36,476,272
4.8
971,701,610
cities)
■/ ;-
Total(7 riH.iPn)
14,250,638
7,681,515
22,423.600
;
8,824,206 r .',+ 200.8
j;>;Elmira—1,984,450
Newark—1
—
3,324,192
.Total (6 cities)
]2,613;392
;,v l:>.
'■^Buffalo—-1—___________
iNprthen+New
—
4,280,049
3,857,828
4,298,599
26,544,832
-
3,336,830
10,675,661
37,417,179
816,865
650,476,176
2,912,502
9,202,543
"3,581,041
Helena
•,
+10.6
.+ 28.2
y^596,6Q8';>I +
York—Albany———
;i iBinghamtpn—„X
9.2
+ 24.6
+ 14.6
*
!r Second .Federal ,Reserve District—New York—
New
2,779,792
30,704,000
3,032,035
10,417,918
'
740,661,541
Montana—Billings
'
-
30,940,000
12,171,676
+
'
3,287,919
9.9
+ 44.6
+ 19.3
South
505,289
.
1,612,221
.10,588,180
„
3,738,054
32,175,317
+ 25.0
+ 15.4
St.
356,316,874
>,+ 24.8
5,7.65,436
.
y;, 31,775,400
-J
50,502,570
3,556,980
•:
4,326,512
111,981,038
North
813,799
3,13(5,919
23,908,202
toew<Hft,nk>sI^r^^
+
62,915,365
Hastings
5,125,180
________
'___'■
+
4,380,241
13,082,649
30,210,213
Minneapolis
1945
+16.0
458,465*300
•' 1,658,104
2,069,166 '*:\ !
—_i. .,;V.
4,524,536
46,433,000
Rapids
537,651
5,619,212
"
259,700,000
$
•
Haven
3,920,165
Tenth Federal Reserve
District—Kansas City-
19,46
3,318,702
/
*
,1"
Island—Providence^'
6,320,785
+ 19.2
6,333,393
14,287,089
Ninth Federal Reserve
4,945,748,585
,1%410,840
.
-494,800,394
Connecticut—Hartford——
(>New
1,121,753
+ 17.0
5,653,484
Omaha
^1)50.0,262.
;liOwell__—_—;X;.'
Rhode
—26.8
1,719,191
8,491,891
5,034,000
51,015,000
'
Lincoln
1,
New Bedford
504,605,767
5,998,521
Minnesota—Duluth
11,373,237,015
+ 17.1
1947
$
*Worcester_—____
561,964,655
•89,618,641
First Federal Reserve District—Boston-
if Springfield—___ii__—
+12.8
133i63o'l51
Week.Ended Jan. 24
; ■ ,Fall River—'——
586,724,619
4,770,825
102,677,735
our
—,u_.
114,843,786
4,995,215
299 790 000
191,646,181
1948
[Portland--
122,428,658
9,934,692
-
335,721,832
232,365,570,
7,417,277,669-,:
Massachusetts—Boston
292,820
1.9
Tennessee—Memphis
Illinois—Quincy
224,819,332
483,549,623
804,333,134
Maine—
339,969
+
349,568,685
462,814,803
335,902,543
Clearings at—
>
+ 36.4
Eighth Federal Reserve District—St. Louis-
detailed statement showing the figures for each
city for the
week ended Jan. 24 for four years:
now
+ 39.6
355,149
1,257,899
-
■ cities
4,806,158
Missouri—St. Louis
Kentucky—Louisville
Total
313,089,003
•1
2,307,474
79,026,920
67,993,392
115,556,662
+;
I
j
(17
647,168,771
413,112,194
<
3,215,640
504,605,767
<851,906,805
•:v?"
OiitBide NeW York (City
i
619,463,199
566,528,120
If
10
Total
(
660,300,266
it
8.
Francisco
6,589,727,301
720486,626
971,701,610
•
537,880,128
10
tlth Dallas
7,319,607,775
fl
.7
Kansas City
0.9
661,624,380
M
4
tOtn
407,937,949
+ 15.4
382,997,747:
2,033)287
93,056,718
District—Chicago-
Moines
'
451)392,810
—
8.2
17.3
88,033,946
Arbor
Sioux City
1945
$
,
««
10
Chicago
864,859,955
M
6
7th
7,499,927,989
997,937,396
9.2
+
+
+
+ 16.0
2,665,410
80,918,279
'
Haute
Iowa—Cedar
M
11
Richmond
535,070,592
55,632,505
190,100,000
484,245
Wisconsin—Milwaukee
••
12
Philadelphia
4th Cleveland
584,451,609
v
+ 22.9
661,624,380
Bend
.
list Boston
4.2
6,709,107
Peoria
1946
or
Dec. %
3.4
+
117,743,985
Orleans
'-Springfield
Inc.
+
<.60,855,428
211,800,000
3,332,218
3,127,559
Rapids '
Lansing
Indiana—Fort Wayne
Indianapolis
Reserve District the totals
CLEARINGS
-
*
93,867,380
93,428,613
Seventh Federal Reserve
„Chicago
$
1,8,401,369
63,434,814
—
Illinois—Bloomington
1947
+ 12.0
District—Atlanta—
(10 cities)
Michigan—Ann
'
.$
•
2,676,173
165,401,170
303,745,346
--L...:.;iry,yyy
__.
Grand
*
•
.
•*
ap¬
loss,of
Chicago Reserve District has
1948
Federal Reserve Districts
2.1
+
52,649,181
Rockford
SUMMARY
110,115,024
340,845,440
Mobile
by Federal Reserve Districts:
a summary
1,288,965
,6,698,000
85,847,342
2,453,343
162,983,963
8,150,000
0.8
8.7
Decatur
furnish
we
1,853,892
+ 15.5
+
Alabama—Birmingham
aged to enlarge its totals by 14.1%, the St. Louis Reserve District
by 16.2% and the
Minneapolis Reserve District by 23.0%. In the Kansas City Reserve
District, the
totals show an expansion of
17.2%, in the Dallas Reserve District of 34.7% and in
the
3,396,988
+ 24.9
—
382,997,747
Macon
improvement of 23.4%, in the Richmond Reserve District of 8.7% and
Atlanta Reserve
8,778,000
+ 13.2
Florida—Jacksonville
gain of -9.2% .and in the
a
Philadelphia Reserve District of 15.4%. In the Cleveland
in
2,018,568
108,092,126
196,697,789
64,014,276
Augusta
We group the cities accord¬
0.9%, but in the Boston Reserve District the totals show
an
2,055,730
'72,474,529
Georgia—Atlanta
gain of 17.1 % the bank
a
that in the New York District (including this city) the totals show
register
2,977,721
416,173,138
-Sixth Federal Reserve
present further below
we
ing to the Federal Reserve Districts in which they are located and from this it
i
19,129,800
+ 26.4
5,595,128
Mississippi—Vicksburg
pears
.
+ 16.8
3,824,544
25,213,900
2,520,453
(6 cities)
Louisiana—New
week in 1947.
same
clearings at this center having recorded
<
4,099,974
135,579,069
220,524,329
10,142,000
107,269,124
3,468,711
220,298,321
Columbia—Washington-
Tennessee—-Knoxville
increase of .7.1%, the aggregate of clear¬
an
+ 18.1
by the foregoing will appear
today,-inasmuch
are
was
6.5
+
+ 31.0
8.4
+
in the
•
3,228,615
130,103,531
213,356,661
16,593,100
5,358,116
161,618.074
265,256,015
Federal Reserve District—Richmond-
ings for the whole country having amounted to $14,582,629,322 against
$13,620,267,184
h
660,300,266
883)718,603
Carolina—Charleston
Maryland—Baltimore
complete results for the week previous—the week
For ,that week there
720,406,626
.
6,297,554
298,974,932
8outh
—68.7
$13,176,670,717
In the elaborate detailed statement, however, which
able
+15.4
1,497,366
4,835,461
Virginia—Norfolk
not available at time of going to
press..
Accordingly, in the above, the last day of the week in all cases has to be estimated.
are
864,859,955
Virginia—Huntington
Total
Complete and exact details for the
ended Jan. 24.
5,65+600
5,706,100
(7 cities)
District
Total all cities for week
we
3,658,714
190,849,092
Richmond
j
All cities, one day
,
.6,111,685
+ 29.2
+ 40.8
.__
Total all cities, five days
;
+ 35.4
.,4,950,820
+ 45.8
147,523,669
Total
Fifth
ends
1,827,398
347,596,164
29,459,300
Pennsylvania—Pittsburgh
207,743,770
Ten cities, five days
,
+ 18.7
Federal Reserve District—Cleveland-
Mansfield
307,209,559
cannot
2,622.385
1,083,006
3,271,593
7,532,213
997,937,396
cities).
Youngstown
209,940,699
Cleveland
We
1,767,925
,6,396,664
Cincinnati
278,506,6,22
issue of next week.
3,397,859
10,196,176
Columbus
+ 19.6
.Baltimore
our
1,468.205
+ 15.5
+ 39.6
3,884,017
Cleveland
286.897.0Q0
Pittsburgh
in
*1,686,280
4,419,981
1,804,443
Ohio—Canton
342,984,000
Other cities, five days
1,392,405
644,000,000
5,103,994
.___
Delaware—Wilmington
+10.6
r
1,888,301
698,000,000
+ 45.2
2,518,577
Scranton
Wilkes-Barre
+ 27.2
538,617,269
Kansas City
744,147
+ 15.0
+ 30.1
2,344,162
,
471,894
1,369,258
647.Q02
835,090,000
-York
Fourth
$5,717,610,523
595,556,701
St. i-iOuls
646,336
855,126
+ 25.4.
1947
$7,271,719,012
_
Chicago—
+ 14.0
—13.4
3,404,545
Telegraph
1948
1945
$
964,605
'* 2,358,600
.
Week Ended Jan. 31
1946
\
899,910
960^)00,000
Philadelphia
Total
Clearings—Returns
or
Dec. %
1,313,628
3,067,997
Reading
com-
Inc.
1,128,808
*
New Jersey—Trenton
summary for the week follows:
1947
1,099,322
1,137,296
Bethlehem
ings will be 8.4% above those of the corresponding week last year. Our
prelim¬
inary total stands at $14,279,794,472 against $13,176,670,717 for the same week in
c
43
District—Philadelphia-
ago.
year
1948
$
'Third Federal Reserve
country, indicate that for the week ended Saturday, Jan. .31, clearings
pf '1;he United States from which it is possible' to obtain weekly clear¬
formal! cities
'
;
.
telegraphic advices from the chief
upon
(583)
Week Ended Jan. 24
THE COURSE OF BANK CLEARINGS
Bank
CHRONICLE
-
.
2.0
2)924908
81,273,663
I
<32,026789
10)255)991
5)134,621
308^57,000
6)447,432
1918)016
^
Total
ffO)Cltlea)
__
.
^rend Total ai2 citlss)
Outside
New
:Xo^k_--
-
,+ 16.8
5740)146
8014,333,134
66:7)932,035
+
304
590493)964
5,049,203
539,546964
14,582,629,322
.7417.277,669
13,630,267484
•I 6,333,299,716
+
7.1
12,505,595)096
11,373,237915
+1,7.1
5,360J962477
,4945,748,585
4
44
Company and Issue—
l&riifioit Statement of Member Banks
*
Mathieson Alkali
Reserve System in leading cities
creased
San
the
1st
chasing
Deerfie.d
and
and $40,000-
Pacsing
United
Government
States
districts and the total decrease
Demand
Lakes
tricts; there
States
United
banks.
member
in
$39,000,000
increased
other dis¬
V:,-;;.
•
r'-
*
;
•>
.M>
'
>,
Service
Loans
and
Dividends
Since
65,530
:
U.
Other
securities
loans
U.
Real
r
_-_7_
__
_
for
14,761
banks
to
/
221
—
'■•'
: "T—
503
+
securities
._7._777—
+
32
+
banks ___________-7---__-~.—-
Foreign
2-
9
$1
2-
1
2-
3-
1
2-16
35c
Stores
3-
1
2-20
3-
1
2-20
25c
(quar.)_
3-10
2-14
75c
2-
1-22
_:_u_
Portland Cement_i_^__
Brothers, $3 conv. pfd.
American Arch Co. (irreg.)
Altorfer
+
•
25
516
'
Business Shares
American Can Co., 7%
—_
V 3-
3-
1
1,332
—_^._7_77—>77---.
130
—
4-
$1.75
preferred (quar.)_^__
2-15
2-
2-20
"*4V2C
(quar.)___
2-20
2
30c
(incrd.)
Co.
2
25c
.
Insurance
Automobile
American
2,183
(quar.)
9
5
—
1,092
Furniture Co.
American
3-18*
1
5c
(quar.)^
348
52
+
25
19
..
40
+
Hide
American
;
2-
9
2-14
2-
9
7 ;'7',
.
to
1
75c
3-
1
40c
2-27
2-11
933Ac
3-15
3-
25c
2-27
2-10*
7
A
—
5%
1
2-13
4-
1
3-
$2
3-
5
325c ;
7335c
1
2-10
1
2-10
777
•
Fair
(The)
.
2-20
3-10
2-19
2-
1
1-26
25c
2-25
2-10
62'Ac
4-1
3-10
31'Ac
2-
1
,7 1-26
CO
H*
2-14
1
2-10
3-15
2-16
2-15
$1.25
$$1.25
and
U.
except
7/
accounts, 22,253
Govt,
S.
Increased
3-
$2.
during week
American
Class
$1
(stock dividend)
Potash & Chemical, cl. A (quar.)_
B
2-
1
preferred
7%
American
ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
v
7"
Company and Issue— >.
OF
Ex tra
v
,..'-'"7
;
Archer-Daniels-Midland
.7 Date
class B stock—Mar 3
bonds, due 1949__Mar 1
American Cities Power & Light Corp.,
•Central
Pacific
ref.
1st
Ry.,
mtge.
245 '
General
income
(Walter E.)
Heller
Illinois Central
10c
mortgage 4'/< % bonds, due 2038—Mar 1
& Co., 5'A % preferred stock-——Mar 23'
'"
7
•
»
.7. .; 7'./;" r. 7> • -.7.
*
ZMtS of 1950—
—Feb 16
Sterling 4s of 1951-——__•_____—-——--v——____Feb 16
1st mortgage 4s of 1951-A7__-_7.i_-_-:----_..L___,7L_/„Feb .16
71st mortgage 3'As of 1951—'____l^_Feb-16
Sterling 3s of
1951
—
j
--Feb 16
*7 Extended
Western
Louis
St
1st
mortgage
Division &
of
4s
1951—____________:.Feb 16
1951
7_"iLFeb 16
of
:
Terminal—
-
3'As of 1951
—
—Feb
3s of 1951---__—---—Feb
Springfield Division 1st mortgage 3'As of 1951—Feb
Omaha Division 1st mortgage 3s of 1951__———Feb
1st
mortgage
1st
".
3'As
1st mortgage
Lines
mortgage
Litchfield
Division
3s
of
,
16
16
16
16
1951—_——v—Feb 16
mortgage
mortgage
Collateral
1st
trust
mortgage
4s
4s
of
of
16
16
16
16
1952———___—Feb 16
19531—-—
Louisville Division & Terminal
Refunding 4s of 1955Refunding 5s of 1955__
1
Brothers, preferred stocky.
Hit
1
1st mtg£
434
7%
434
2nd preferred
434
Shoe
434
Bethlehem
7 %
Steel
434
434
Bond
434
Borden
434
Boss
Stores, Inc.
Co.
Mfg.
45c
—-Feb 16
16
Feb 16
Feb 16
—--Feb 16
SVsS of 1953_Feb
,
& Rubber
1-31
3-
2-13
Brewing Corp. of America
431
British
434
434
434
434
431
431
'*
Columbia
Convertible
Class
B
class A
Ltd.—
$1.50
9-
1
8-13
$1.25
12-
1
11-15
1
2-27
3-12
25c
50c
3-
17 7-.:.. 2- 7
2-
2
1-27
25c
2-27
2-13
40c
new com.
3-10
2-20
$1
2-15
2-
2
$25c
2-27
2-
6
(initial) —
(s-ai
7v."
pfd, (quar.)
—
Ltd., class A—
—
2-27
2-
2-
6
2-
6
3-
•
6
2-27
2-27
$25c
__1..-
/;
2-16
Co.
3-
1
2-10
3-
5
2-
5
2-18
2-28
32-
2
—
77
W.)
(H.
Grandview
pfd.
1
25c ,7;
1
2-10
3-
1
2-10
Gum
3-
1
2-10
Hajoca
15c-.1'
40c 7
V
2-
5
$2.25
2-16
2-
6
3-
5
3-30
3-31
3-
37'Ac
3-1
2-16
3-
2-
35c
3-15
2-
9
Hall
1
1
7
:
2-13
40c
3-
1
3-
1
2-13
3-
1
2-13
,1-31
30c
;
"T
3-
$1.25
•*."
2-16
.3-
60c
1.
2-
9
2-24
3-15
v87Vac,.
3-
3-
50c 7
60c "•
1
2-16
l.J
2-
2-16
$1.75
3-
3-12
7
i
t.
1
2-11
2-25
$1
50c
'1-31
■t
4-1;
30c
7
1-31
2-16
$1.75
*7
7*
1
$5c
1-21
■
2-13
3-
2-25
'
7
3-
6
75c;.
4-
Vac;;
3-10
2-25
3-15
2-28
$13c
3-15
;
3-10
.;
62
—
1
2-16
-■
7
M.);'Lamp
(C.
Hardart Co.
Stores
Oil &
Humble
•Huron
&
•
(resumed):—7_7__.
Buckeye Incubator Co. (quar.)_—,
Buckeye Pipe Line Co
:
______
50c
*
2-28
""3-1
2-13
:
20c
Inland
Steel
Jones
5%
7
8c
20c 7
3-
1
1
2-14
..
3-
2-27
2-13
3-10
3-71
3-
2-20
1
2-13
1
2-13
75c
3-10
9
Mtge.
Co.
(irreg.V777—7777"
(Ontario)
Kingsburg Cotton Oil
Kress
1
2-14
4- .1
3-19
Parchment
(quar.)__
3-
1
1-31
1-23
3-15
2-18
;
„.
1-24
1-30
1-26
4-
6
3-
5
$1.25
4-
1
3-
5
5
15c
(quar.)
7'— 7—'
__r—_____
3-15
3-
25c
3-25
3-10
$1.25
2-25
2-19
5-20
5-19
50c
3-
1
2-11
50c
3-
1
2-11
10c
2-16
10c
(quar.):
2—
(irreg,")
.2-11
2-14
30c
(quar.)
Extra_—_7.
Kysor Heater Co.
9
35c
(s-a)
common..
2-18
3-
50c.
Insurance
Laughlin Steel, common
preferred A (quar.)_
2-18
2-
$1.50
(increased quar.)
&
prior preferred
1
25c
.
Co
Life
Vegetable
3-15
3-
f$1.25"
(quar.)
Co.—7___—__
Silver
4-1
$1.50
50c
Corp.
(quar.)_
Co.—„
Co.
9 1
2-
1
Standard
(S. H.)
1
3-10
'
20c
3-
3-10
3-
Kinney (G. R.) Co..
$5
*•
X'
4-1
3-
Jacksonville Gas Coro.
Jefferson
v
4-
3-1
Steamship
International
3-10
$1.06'/4
$1.25
(N. Y.|, 5%; pfd. (quar.)/
37V2C
common (quar;)__
.7
$1.06 VA
(quar.)„—_7_.
7
Refining Co.
Erie
Ingersoll-Rand
Ihterlake
,
1
2-13
Corp.,
preferred
2;
3-
$1.12 »/2.
—"7
■l1A7o pfd. (quar.)
.
&
2-
-
1
(M. A.) Co., $4.25 pfd. (quar.)__—777 $1.06 Vt
10c
Lithographing Co.__^
7—
$1
Heywood-Wakefield Co., common (irreg.)—,-, 7
31c
5% preferred B (quar.)_
7
-
4(4%
7
3-
25c
41/2 7c, preferred (quar,)__
Howard
2-
3-15
Hanna
Kalamazoo
7
7
Ravana
Horn
1-21
.1-21
75c
Co. '(irreg.)-————
Hammermill Paper,
3-
1-31
2
15c
—
-i-
3-15
*
8
6
2-2
2-
30c
20c
1
3-1
lc
'
Extra'
$0.9011
1
5
$1
—V
(quar.)
3-
3-
3-15
25c
7.7
Products Co. (reduced)
Products, Inc., conv. class A
3-15
2-10
2-
2-13
Grocery Store
Corp.
1-20
1
37'Ac
2-17
3-
1
3,
$1.20
3-
4
2-
—
—
■
2
2-
2-16
(quar.)__—
Co.
2-
$3,50 7
(quar.)—_
1
1-15
2-14
.
84%c
(quar.)—7
i
•;
7 2-16
25c
12'Ac
Co
Mines
Graniteville
4%
5
2-16
I
25c
(irreg.)
Ltd.,
Co.,
2-
2-14
$2.50
Corp. 7—~-----——————
State
1
62'Ac
pfd. (accum.)——
Inc.
'
25c
:
Steel Castings, $6
Gossard
$37V2c
,
5-14
6-1
7f." 25c
Goodall-Sanford,
7
,(s-a);
„L—.7'-—,———
Brockway
Motor
Co
Rubber Co., Inc.
Brown
General
2-10
(quar.)—_7—
Packers,
1
$1.25
Inc..
1
$1.50
—
(quar.)J
v
$1.25
7% pfd. (accum.)
3%% pfd. (quar.)
Phoenix Corp., $1 pfd.
(quar.) —
preferred (quar.)—————
Mills,
93 % c
(initial)
(quar.)
5
1-31
2-15
.
Iron Works,
General
3-
._7—
L——-—
& Sons
Industries Co.
General
General
General
$1.75
:
(quar.)—
2-
2-15
50c-
—
Golden
7'
—
___i_'__'7_7__
(quar.)
434
434
com.
2-14
1
2-25
$1.25
—
Company
Girdler
—
_7
Co.-
(E. J.)
Steel
Gabriel
2-10
•*'••:..
6'/<?-,pfd. (quar.)
new
3-
z;.: 75c
/7 50c
—
Fullertori Oil Co
75c
Inc.
Brach
2-20
3-22
50c
preferred (s-a)— _i—
1
(quar.) ——7-a—.—
2-10
6>/4C '. j
(quar.)——.1
434
3-10
•
$15c
-■
Sulphur Co.
2-27
h
•,'•"•'
:
(quar.)
Hose
non-cum.
;
(quar.)—_____
Birmingham Gas Co., common—L—1—
$3.50 prior preferred
(quar.)__7——
Bohack (H. C.) Co., 7% 1st pfd. (feccuim)--
434
$5
Freeport
1
3-15
75c
(quar.)———
Corp.,
preferred
1-31
Bridge Works (quar.)
Foundation Investment Co.—*
3-
434
431
6
30c
2-14
Pitt
Fort
6
15c
434
6
2-
'
common.—_7
Stores,
2-
25c
(quar.)_—___T—
Berkshire Fine Spinning Associates, $5 pfd._
Bertram (John) & Sons, Ltd., class B._r—
Berland
.2-28
25c
(quar.)_;
preferred
1st
1-16
;
9
30c'
preferred (initial)
————Dry Goods, common (quar.)—
6<)'o
Boston Woven
5s of 1951
Feb
3'As of 1951.,
_-l—
Feb
Memphis Division 4s of 195f_^—■
L—--Feb
Purchased lines 1st mortgage 3'As, due 1952—:—i._Feb
1st
$4
2-
2-14
'
——
_7__________7_7----7._7
B
3-
Co
common
Co.,
preferred
2
2-
'
Associated
.•
Chicago St. Louis & New Orleans RR.—
1st
432
.
Sterling
Cork
Armstrong
2-14
25c
Canada,
of
75c
^—__
Vv
participating preferred
Participating
$3.75
RR.—
Co.,
1
(quar.)—_____——
4%.
Corp.,
Co.
75c
_7___—
(quar.)—
Arkansas Natural Gas Corp.,
151
Chicago Great Western Railway—
v:
Farms
2-
50c
7
(quar.)_—_
77
Inc.
2-20
2-6
3-
50c
__j
__
4-
_—
75c
(quar.)__
Anheuser-Busch,
$3
7
B
1
2-16
$1 ••■ ' 7 2-24
(quar.);—
common
Arcady Farms Milling Co.
Page
2-27
56V4C
1——
Common
TENDER
3-31
^_7—7—
Co.__.
Tobacco Co.,
Extra
Arden
NOTICE
V
1
30c
preferred (quar.)—7-
■iVz%
1
50c
(quar.)
•
(quar.)—i„--
Chicago
Power
Class
1
3-
-
$1.75
—
Foundries
Steel
American
i
3-
SI
Smelting & Refining—
American
in
3-15
3-15
20c
.7;
(quar.)^___—___ _——
Co.
(increased)
Shipbuilding
American
list of corporate bonds, notes,
i_—7".
Re-Insurance
American
be found a
3-18
3-1
.
3-15
37V2C
;
_—_
American Screw,
Below will
2-13
1
3-10
25% ••..••■
37V2C
(quar.)
A
3-
30c
"..'7
-
—
3-
$25c
5
Radiator & Standard Sanitary Corp.—
Common
preferred and common stocks called for redemption,
including those called under sinking fund provisions.
The date indicates the redemption or last date for mak¬
;
(quar.)
preferred
Amer.
Redemption Galls and Sinking Fund
7
-
—
American Meter Co.
vious week 20,565)
—-i—-—- '
6
$25c
$25c
quar.
(Revised figure pre¬
t
3-
t50c
$37'Ac
pfd. A (quar.)
(quar.)—
First Bank Stock Corp.
Motor
2'
(quar.)-
Falstaff Brewing Corp.,
Florida
2-27
3-20
50C
(quar—
(quar.)..
Gas Works
ver
5
2-13
35c
,_7—.
Fairbanks Morse & Co.
Fa'l R
.7
—
prefefrfed A
preferred A
preferred A
.
2-13
3-
75c
'.Erife RaiirdaJ Co., 5%
5%
1
$1.05
(quar.)—
Mfg. Co. (quar.)
Employers Reinsurance
5%
2-16
'
1
3-
S1>.
2-16
;
$1
Eaton
'
2-25
7'ts 3-15 'i
1
3-
*
American
deposit accounts
demand
interbank
3-15
6
4-
preferred (quar.)——
common
(reduced)
—
Co..
2-
25c
(quar.)
Brothers, Ltd.
6
2-
3-12
2-20
933/4C
(quar.)_
pfd.
.
2-19
1
4-
25c
'7
American Investment
Debits
1 •7,
2-20 %.•
3-
—
i,
5% pfd. (quar.) —
Anglo Investment Corp., Ltd.—■
2-26
3-12
75c
,
2-16 7
1
3-
"
50c
(quar.)
convertible preferred
Ford
77-
convertible preferred (quar.)
Indemnity Co. (Bait.) —
Co. of Illinois—
6%
*h
Leather—
&
2-14
5c
69
•,
1-26
50c
Dupuis Freres, 4.80% preferred (quar.)
Eagle Ficher Co. (increased quar.)———_7
E-stern Steel Products. Ltd. (quar.)—
2-9
2-15
2-16
2-13
2-1
3-
$1.12'/a
-
Credit Corp..
&
1
3-15 r""
25c
(quar.)__——
5'^
Co.,
?
15c
25c
(interim)--—
(quar.)
1-30
3-10
3-15
40C 7,
—
Co., common
A
•;•'
56'Ac
■
>
common
2-15
1
9 7-r.
(quar.)
Coal
&
.
2-
—----77777-7;.
(quer.U
2-14
2-n
2-25
3-
(quar.)ur7—•
common
2-18,
*
$1.25
(quar.)
Co.
2-18 "
■
1
7; t25c
Corp., 4%
47
1-31
2-15
$1
quar.)_„
1
-
.
Coke_-7-7--7-^^77^i7-7-77—7:7
Ice
Drackett
37V2c
Institute
(increased
Co.
American
•'7:7
| .-rt7
9,944
banks
Borrowings
2-16
deposits:
demand
Domestic
$1
Alpha
7
',7/
'
Interbank
3
—
Corp., 4% pfd.
Allis (Louis) Co. (quar.)
7:7/7:
■■
2-
711
63
.+
3-22
15c
Kid
Allied
299
+
—.
777,7//7; 7:''
Liabiiitfes—
48,970
Pemand deposits adjusted
Time deposits, except Govt. _ _ ^___7___'__ _ - 14,578
866
tJ. S. Government deposits
______
3-
2-13
3-
3-
preference
Dravo
3-15
632
+
3-
5c
(irreg.)
' '
Co., common
Dononue
3-31
Corp.__^
Radio
Corp.
3-
15c
2-137
3-1
laccum.)
Dominion Stoves, Ltd. (quar.)—
$1.25
_____
5
50c
preferred (quar.)———— /■.
Ltd.—
57c
5%
25c
1,122
132
779
Aircraft
Allied
8
—
2,419 6
(quar.)
Alexander Hamilton
505
4,250
_7—___
with domestic banks..
Balance
—
25c-r
3-
Domin on-Scottish Investments,
2-
3-15
<5-15
/
2-10
25c
preferred (quar.)———
& Hudson Co. (quar.)___
Dominion
2-
2-14
20c
common--
Standard
1,437
—
83
12,546
Banks
Reserve
vault.
in
Cash
,1.7-
—
with Federal
22~
—
Co.,
1
(7 45c
7't 'At
"
Derby Gas & E'ectr'c Corp.
Diamond
Alkali Co.
(quqr.i
Holdert
2-16
1
3-
Delaware
Dixie Cup
2-10
3-
7 : 50c'-,
&
Davis Ccal &
Diainond
1
2-16
"
,
preferred (quar.)—
Publishing Co., S4 prior preferred—-
"7c
3-
1
—
,-t
^
$4*20
Domestic
When
75c
,
preferred (quar.)
Engineering, common
3,012
+
110
—
t.
29,309
bonds—-
S.
Other
294
(iireg.)_..
Alberton
681
+
Co.
•
Seal, Inc.—
common
(Initial) 7--—'
Zdllerbach, $4 2nd preferred
Deere &
3-12
3-
—
Varnish,
&
Cork
Curtis
3
20c
9--, .'
50c
(quar.)____—.-7—— _
337% preferred (quar.)—r——-
Co.,
2-
1
87'/2c
Co.
prior preference
$3
Crown
Payable of Rec.
20c
preferred
5%
52
+
In the
are:
Share
convertible
Aetna
3
958
+
77+7
.2,786
Treasury notes 7.
7
8
:
week
777
Company
Ball & Roller Bearing
5r/o
325
35
+
Wire
Acme
2
7.
15
this
Vending Corp
Aetna
—
7:2
■
7 +
3,473
3,437
U.
7
—
2,354
Reserve
7:7
'
____77_7--—
ABC
450
7.
^
330
_7_7_7—_-___j_-_,7_—7__
loans
Other
A
—
.' 10
416
—•'"r
Treasury certificates of indebtedness-.--..
■Treasury bills
40
Pa nt
2-19
40c
(quar.)__!———
:_•
Co., common
Can
preferred
$3.75
Cook
New
Per
Name 0/
3,508
7: 182
estate loans
Loans
Continental
293
Crown
3,219
+
7/^7 /772V;.;
pur¬
obligations-—
_7___—w__—
securities
Other
_
purchasing or carrying:
for
Government
S.
_
52565
4-
3-
2-13
Edison Co.
Paper
-
4-30
•-
l$1.50
Power Co.,
,
«•-.
25c
preferred (quar.)——__—__ii.____7_
Container Corp. of America (quar..
Class
announced
1-31
t5c
$4.50
declared.
dividends
2-14
2-10
'(quar.) _7_77
Power
Power
Consolidated
50
we
The
obligations—^-___777u7
Government
S.
4,130
2-27
'3-1
25c
'.
(quar.)
Consumers
$2004
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
1.10O
+
carrying:
or
Other
:
dealers
and
brokers
to
chasing
;'+7
442
+, 151
loans
Loans
155
Crane
grouped in two separate tables.
are
3ril
$1.12 V2
(quar.)__——
of N. Y. (quar.) —
Consolidated Industriesr 6% preferred (s-a)_
Consolidated Laundries Corp.
(quar.)
§Vol. 166.
164.'
Common
Consolidated
which have not yet been
22,
and agricultural
industrial,
flVol.
165.
7/7; 50c
■
(interim)_7—_7-7__—7_7^—- '
Ltd.
Connecticut
47
..
bring together all the dividends announced the
current week.
Then we follow with a second table in
which we show the dividends previously announced, but
1947
,
____________j.______7-77____ 23,394
Loans—total
;•■■ Commercial,
$Vol.
1-20
preferred (quar.)—___—_——^_—
National Co., Ltd. (Irreg.)——
Confederation Lil'e Association (Toronto)—
9
bonds, series A, due 1963—Feb
1
Metropolitan Personal Loan Co.— f
7.; •
; 25-year 7%
debentures, due 1961
——
Mar 1
New York Gas & Electric Light, Heat & Power Co.— '••
Purchase money 4% bonds, due: 1949_—>___•_
Anytime
Randall Co., $2 cumulative participating class A stock-Feb
2
Telluride Power Co., 1st and ref. mtge. 6s, due 1957—Feb 17
Warren Petroleum
Corp.,
3% conv. preferred stock—Feb
9
Issue.
2
20c
Commonwealth Telephone CO.—
•
ref. mtge. 5%
this
1-20
2-
Conduits
'-;/7'>
Corp.—
2-I2
5c
>
57c
•
,
§2419
first
>■
t
*'
.
DIVIDENDS
(In millions of dollars)
/•'
77.
■■'7f :'/■■
investment—total
/7>:7
2
of
Jan.
14,
1948
1948
Assets—
:
7.
Inc. ( + ) or
Jan.
Jail; 21,
•'
■
•
2-12
1
2
(quar.)_r_i__7-^_-,---,T-~-'T
Central
Coro, Inc.
City
the
Dec. (—)
v
153
1
32-
3-
RR.—
:
2-13:/.:;.
.
65c
(S-a)—
common—77
Inc.,
'
J'$l
(initial quar.)--——-
Stores,
3.- .1'..
-
•'
1-29
2-23
J25c
J $ 1.50
(quhr.)I
(quar.)___
Corp.—
Coal
preferred
Coiri'moil,
district,
7.7.--:7.7'7 7.7 77','77 7
•
.
4%
Colorado
42
-
2
•Announcement in
follows:
member banks
Colonial
7'
12142
1-29
:—
Stamping Co.
New cCmmon
.
,
(quar.)____
Clinchfield
52410
2-16
2-23
J_7
regular guaranteed (quar.)__
77c
1
Engineering (quar.)—______
(interim):—
—
Cab Co.__
___________
Machine Corp.
Cleveland & Pittsburgh
Page
2-28
3-
4$6;25
I
——1—
Clearing
§2419
Indiana
of the assets and liabilities of reporting
summary
j
Power Co.—
Co.
City Auto
52
156
3-10
Mines, Ltd.
Yellow
Chilton
2-20
50c
•'
.
(N. C.)
4%' special guaranteed
general (closed) s. f. bondsj_7—__Feb.
1st mortgage s. f. bonds, series A, due 1956_„Feb
Giant Portland Cement Co., dividend arrears units—Feb
Chicago and $40,000,000 at all reporting member banks.
A
Chicago
4»A%
Government
to domestic banks decreased in all but one
Borrowings
Chesterville
Demand deposits credited
deposits increased $69,000,000.
"i
Chambersburg
5%
net increase of $7,000,000 at all re¬
a
was
in
Ltd.;—
Power Co.,
Oregon
Co.
-i._-.r__—
•
3-15
Ltd.—
Trust,
(accum.),.——_'i—
C6., Ltd. (annual)
;
Insurance
48
Date
*
3'
2-27
tl5c
Carpenter StCel Ct>.___
__7_L__u7—-——.
Carson P.ific Scott <te Co., 4'/2'7 pfd. (quar.)
ENTIRE ISSUE CALLED
Great
•
(quar.):
A
Locomotive
47
1
3
2-
——
___■:
Extra
44
251
1
A; due 2024-july
2-
1
3-15
J20c
Investment
'preferred
Carolina
249
pfd. stk.-Feb 16
,_.
(quar.)
Extra
_____Fcb
debentures-
3'A%
class
Inter.
Canadian
43
1
1
California
.
7
12308"
v :.''7;7'7''
preferred stockc
Mar-1.
1st mtge. 5s, due 1951__Any time
7 6% preferred stock, series of 1927———Feb 11
Denver & Salt Lake Ry., inc. mtge. bonds, due
1960___Apr„ 1
all
$146,000,000
and decreased in nearly all
Canadian
155
Ray Drug CO.,
Co.
*
1
1
1
3-
15c
Cannon Foundry_____—
&
3-
5%
(quar.)____
Convertible
151
$5 cumulative convertible
Butte Electric <5$ Power Co.,'
at all reporting member
increased
adjusted
deposits
Hew York City
porting
33A%
Corp.,
Mills
Cotton
Ordinary
.■
2
1961——--—--Feb 15
debentures, due 1962__Feb ,1
Appalachian Power Co., 6% debentures, ser.
Berkshire Fine Spinning Associates, Inc.—
$83,00(1,000.
was
12'/2c7
dividend)—__7—
Vinegars, Ltd. (quar.)j._
:—___7
Canadian Car & Foundry Co., Ltd.—
153
'1st lien &
banks
248
.
Ine.,
Stores,
,
and
in
decreased
bonds
V,
„
7.7 7 77.7
7
Company and Issue—
Holdings
$110,000,000 at all reporting member banks.
Concen¬
&
(quar.
(stock
1
2-16
3-1
20c
Mining
H older t'*
Payable of Reft
Share
-
r
••
1
2
1
Fair
Sun
$72,000,000 in New
City, $26,000,000 in the Kansas City District,
.
Canada
3'A% debentures---———-.-Feb
Lynn Gas & Electric Co., 2%% 15-yr. notes, due 1958-_Feb
McCord Corp., 4JA% debentures, due 1956Feb
Midlothian Country Club—
.1 *
/
;
General and refunding mortgage* 4'As, due 1959_
Feb
Standard Milling Co., 3Va%
debentures, due 1961--—Feb
Food
reporting member banks.1 Holdings of Treasury
certificates of indebtedness increased
of
77*77
Co.—
Power
Firemen's Insurance Co., of Newark, N. J., $i
trict, $41,000,000 in the Boston District, and $294,000,000
York
River
Co.
Wyant
Campbell
42
..1st mortgage 33/4S, series A, dud
City, $52,000,000 in the San Francisco Dis¬
York
all
u,
,
Connecticut
$154,000,000 in
Treasury bills increased
Holdings of
at
7.
1970__Feb
/,,>/'
■
3V2S, series L, due
mortgage
reporting member banks.
000 at all
Hew
general
Western Indiana RR,—.
»
1st and refunding mortgage 4Vis} series D, due'19B2Lj0far
Cleveland Union Terminals Co., 1st mtge*. 5'As, sfer. A-Apr
carrying United States Government securi¬
or
ties increased $44,000,000 in New York City
Co.—■
Pcwer
Maine
and
1st
Loans to brokers and dealers for pur¬
Dallas Districts.
Sullivan
&
Terminal
California
v7
1
due 1965______—r-_—Mar
series A,
4s,
Chicago &
loans
the Kansas City
each in
$9,000,000
and
District,
mortgage
Central
$10,000,000 in the Chicago
District,
Francisco
,I
:r
(irreg.)
12V2c
Bush
Page
:
'
Carolina, Clinchfield & Ohio Ry.—;
in¬
$16,000,000 in. New York City, $12,000,000 in
agricultural
Hill
Ltd.
trating Co., common
Date
mtge. 3s, due 1963__l..i.,_'—Mar 1
Brooklyn Borough Gas Co., 1st mtge. _3 Vis, due 1970__Feb ; 1
credited, to domestic banks.r
and
Bunker
292
Fund,
•
;
.
Company and Issue—
Atlanta Gas Light Co., 1st
industrial, and agricultural loans and $299,000,000 in
holdings of United States Government securities, and
decreases of $505,000,000 in reserve balances with Fed¬
eral Reserve Banks and $348,000,000 in demand deposits
industrial,
PARTIAL REDEMPTION
■
following principal changes for the week
ended. Jan. 21: Increases of $72,000,000 in commercial,
Commercial,
Name of Company.
.
Bullock
■
the
shows
264',
r
When
Per
Page
Date
(Inc.lf preferred stock-
:Feb '9
Peoples Brewing Co. of Trenton, 1st mtge. 4s, due- 1953_Feb 19
Root Petroleum Co., capital stock______———-Feb 20
statement of weekly reporting member
The condition
banks of the Federal
1
'
.
Works
Monday, February 2, 1948 "-
&* FINANCIAL CHRONICLE
THE COMMERCIAL
(584)
2-
2
(585)
"...
''
'•
•
'
•
Q/.
\PeT
■
C07KA9tt.il
«
.
<
>
Share
^
,
Lake of the Woods Milling Co,., Ltd.—
'Common (quar.j
77?
preferred
(quar.j
&
Sessions
Lane Bryant, Inc.
2-23
Life
Savers
Corp.——i
1-28
o.
B
30c
2-14
37'/2c
Lone Star
Lord
Cement
Baltimore
Rochester Gas &
2-10
3-
1
2-16
3-1
2-
2-20
2-
3-1
3-1
2-
87'Ac
3-31
62'/2c
__
class
A
4-1
4'/27o
Sagamore
Mfg.
Extra
3
pfd. F
Taylor,
Macmillian
$5
6%
Co.,
8%
prefeired
Marine
1
Seaboard
Co.
25c
2-17
2-13
2-
2-
6
2-2
$2
2-
2
1-27
2-20
1-31
9
4%
:_
participating
stock
25c
-
(quar.)
30c
2-2
2-2
1-20
Magnesium Products Corp.—
..Common (ijrrcg.)
Common (i-rreg.)
i_.
Mary Lee Candies, Inc. (quar.j
3-15
3-
25c
3-1
2-16
.
•
Co.
2-16
1-31
4-16
4-1
Skilsaw,
2-15
2-
5
Solar
Extra
ii.
-
r_i_:
5c
2-15
2-
5 '"
Masonite
.!___
Corp., (quar,)~_P-_L
Merchant^ Fire Assr^rance (s-aj
Merritt-Chapman & Scott, 672%
Michigan Central RR. (s-a)J
Mid-West
Abr a si ve
-
r_-
pfd.
_
i.
_
Miller & Rhoads. 4.!A 7
preferred
(quar.j
J;
_
2- 9
1-30
2-16.
i-30\
$1.62'/2c
_"
_
2-28
2-16
10c
$25
' 3c
r
Bend
(quar.)___._
1-16
Standard
3-10
$1
com.
50c
'
l{
3-
2-16
1-31
1
2-14
3-
3-15
3-15
3-
1
3-
JU
3-
1
3-1
2-13
62'/2c
A
(quar.)
(quar.)
2-13
3-1
2-15
1-3i
preferred
31'Ac
3-31
—l__"$i.37,72
i" 5'/^ preferred (quar.—
________
Mississippi Valley f ublic Service Co.—
*3- 1
3-31
2-27
3-15
2-13
$1.25
3-15
2-13
:
2-20
2-20
-
(quar.)_—
$1.25
6-15
5-14
$1.25
9-15
8-13
50c
3-15
2-13
87y2c
3-15
3-
(quar.)
—
«
-
2-
1
X
25c
3-16
'"l'Ac
3-16
25c
3- 1
______
$3.25 preferred A
(quar.)
$1.62'A
Munising Wqod Products Co., com. (initiali_
5% preferred (initial)_________
Murphy (G. p.. Co. Xquar.)_,
.J"":::
Nashv.lle
Chattanooga
Resumed
&
St.
Lou's
Cqmmon
Canada
I Cqnvert ble preferred
Co.,
National Tea Co.
pfd.
(quar.i__
$1,75
25c
.!_!
1
2
ir
?
?s
9
=
50r
a
aoc
3-1
•
1
3-1
2
14
0
-
?
9c
8c
0
,
4r
9
9
t
£
?c
2I2?
I'
?
8c
2-25
9
9c
^
8c
lOr
Series..
Series__________
.r
'
.
4c
7^
Corporate
Investment
Bond.
Diversified
Pacific
"
.'
i'i\
2-25
9
Series.—.:
Preferred
Coast
Panhandle
(quar.)
(sra).
Eastern
Pipe Line,
preferred
Utah
Fire
Insurance
15r
75c
Commpn
"
25c
ntx?
$1
(resumed)
:
common
(quar.)
Co.,
..ciass B
pofash
Co.
Princeton
of
America'
Water
Co.
(N.
6%
M.l
9"97
15
^-27
i
31
9
9
1
2
17
97
3-1
2I20
99
1
2
1
71
7
21
9IV4C
3-1
2-11
(accum.)__
62'Ac
3-1
2-13
Grocery, 4V2%
■
pfd.
1st
pfd;
3'/2%
3.80%
(quar.)_
.
2-6
1-30
$1
2-28
25c
(quar.)
«fe
Woolworth
Ordinary
3-10
2-25
1
6-15
4-
1
3-16
4-
1
3-16
3-10
2-
6
2-20
2-
2
3-30
3-10
6-21
6-
1
3-
i
2-13
2-20
2-10
25c
(quar.)
3-1
2-14
3-1
5
2-i3
common
1*
series
3_
•.
7
this
90
«
2-16
2-
5
3-
2-
9
4.
1
1
3I10
I-31
1.15
25c
3-1
2-14
50c
3-11
2-19
.
$1.12'/2
$1.50
4%
1-
6
1-22
!
v";3-
1
1-31
-
$$1,12'/a
3-
1
1-31
7y2C
2-2-48
v
$1.25
2-
1
V
35c
2-
2
25c
3-13
3-
$22 Vic
2- 2
1-15
2-
—
1-25
1-20
1-19
2
1
1-15
3-
1-30
2
12-30
2-
(quar.)_
1
2-
>
Co.
2- 2
2- 2
$15c
—
2
1-
3-12
6
2-13
convertible
preferred A (quar.)
3.75%
preferred B
(quar.)
Atlas Plywood
Corp. (quar.)
Atlas
Powder
Atlas
Ault &
Co., 47?
Ltd
pfd.
conv.
$1
933/jc
2-
2
62'/2c
^
2-
2
1-19
2-
2
1-20
(quar.)___
Steels,
Wiborg Proprietary, Ltd.—
3
1-
5
1-
5
2- 2
1-16
2- 2
1-15
5'/27c
preference (quar.)
Austin Nichols &
Co., Inc.—
Conv.
5%
prior preference
$$1.37'/2
(quar.)
1-20
Coqipany—
series A conv. preferred
(quar.)
series B conv. preferred
57?
conv.
Avco
preferred
series
Canteen Co.
Mfg.
Avondale
Corp.,
Mills,
of
$2.25
3-
2-13
25C
3-
(quar.)
C
25c
(quar.)
Automatic
2-13
25c
3-
2-13
25c
3-
2-16
America
preferred
(quar.)_
(quar.)
$4.50 preferred
Ayshire Collieries
(quar.)„__________I_I_I_
Corp.
Baldwin Locomotive
Baihmann National
Baltimore
American
Extra
(quar.)—
Works, 7% pfd. (s-a)
Battery (year-end)
Insurance
1-15
3-1
2-14
$1,13
2-2
1-15
$1.05
50c
(s-a)__
10c
—
4-
9
Co.
Oil
prior
$6
1st
preferred
1-20
2
2-16
(quar.)
(quar.)
preferred
2-13
1
2-
2-
2
1-15
2-1
3
1-20
2-
1
1-20
2-
2
1-22
25c
3-
1
2-14
2-16
2-
3-
1
2-15
$1,0614
3-
1
2-15
$10c
3-15
2
2-16
2-
2
1-16
2-
2
1-16
35c
Associates,
50c
50c
__
(quar.)
fine Spinning
Common
(qua^.)
$5 convertible preferred
6
3-
12 '/2u
Mines, Ltd. (s-a)
Hedges, Inc., common (resumed)
convertible
3-
$3
Sl.lS37'
(quar.)
(quar.T—
Berkshire
50c
$37 '/2c
75c
(quar.)
Belding Heminway (Del.) (quar.)
4'A%
1-30
1-15
40c
iUV
(quar.).
\
common
2-16
2-2
$1.50
common
preferred
Bell & Howell
Co.,
1-30
5c
preferred
(A. S.) Shoe
Corp.,
P/s>
4347?
3-25
2-13
2-
10c
(quar.)
Co.
—
$3
1-15
3-1
——
Oil
(increased quar.)
Bathurst Power &
Paper, Ltd.. cl. A (quar.)
Machine Tool, Q%
pfd. (accum.)
Beaux-Arts Apartments—
$2
2-1
26c
—
Bausch
Beck
2« a
8c
Common
56'Ac
8c
—
common
3-
1
2-16
$1.25
3-
1
2-16
Inc.—
(quar.)
Bertram (John) &
Sons, Ltd., class A (quar.)
Class B
(interim)
$25c
2-16
1-31
1-31
6
3-
2-
2
2-16
1
2-10
3-
1
2-10
3-
X
2-10
3-
X
Birtman Electric Co.
Blair &
$3
X
2-16
X
2-15
2-15
1-31
3-
1-30
3-
8
common
(quar.)——„
(quar.)
L_
(quar.)
Corp., Ltd.,. 5% pfd.
(quar.)„
Blumenthal (Sidney) Co.
(quar.)—
(E.
—
W.)
Ribbon
Fisheries Corp.,
Roller
Co.,
class
$1
2-
1-22
10c
2-28
2-14
25c
3-15
3-
1
$1.50
(quar.)
2-11
2-
4
The list does not include divi¬
When
Holder»
Payable of Rec.
(quar.)
27 y2c
2-
1
1-15
50c
2-
2
1-16
$12c
3-
1
1-30
15c
2-
2
1-21
25c
4-
1
3-15
30c
2-15
1-31
20c
—
2-
2
15c
2-
2
1-22
$$2
(increased)
3-
5
2-
6
$25c
3-
1
2-
4
'
1-21
Ltd.—
4%
preferred
(quar.)
Aluminum Goods Mfg. (irreg.)
preferred (quar.)__
20c
4-
1
12'/2C
2-
1
preferred (quar.)
American Book Co,, (increased quar.)
American Box Board Co. (quar.)—,
American Can Co. (quar.)
3-16*
1-17
2
1-12
$62'/ac
2-
1
1-21
2-
2
15c
3-
1
2-19
2-
1
1-20
2-
1
1-20
2-
2
2-25
1-30
3-20
3-
2-14
1-31
3-
1
2-20
2-
30c
$40c
87?
$15c
British Columbia
Pulp & Paper, Ltd.—
77? preference
1-
9
9
2
1-15
2-25
1- 7
2-2-48
12-15
British Columbia
Telephone Co.—
6 7?
2nd preferred
$$1.75
2-1
1-15
Broadway Department
$$1.50
2-1
1-16
25c
2-
1
1-20
25c
2j-
1
1-20
2-
(accum.)
(quar.)
Common
Stores (Los
Angeles)—
(quar.).
(quar.)
_*_
Common B
(N.
Y.) (quar.)
(quar.)
Hill Falls Co.
(quar.)_
Buckeye Steel Castings, common
(quar.)
67?
preferred (quar.)
Buda
Company
Silk
Mills,
20c
Byers
(A.
M.)
Co.,
25c
Land
&
Timber
preferred
87'/2C
3-
1
2-16
$1
2-
2
1-19
California
50c
2-28
2-10
Common
75c
2-16
1-22*
7%
Pacific
Title
1-21
2
1-21
_______
—
2-13
2-
5c
2-26
2-16
2-
1
2-
1
1-24
3-10
1-30
3-
1
2-
$1.12 V2
4
25c
3-
1
2-11
2-
2
1-16
50c
2-14
1-30
5
2-13
2-
1
1-15
$38c
2-
1
1-15
$20c
2-
1
1-15
15c
3-
1
2-14
75c
2-
1
1-15
Cl
_____
(quar.)
3-
$20c
(quar.)
(quar.)
com.
2
1-12
$1.75
35c
Corp
com.
2
15c
—
2-
1
I-93
M
1-23
Insurance-
(quar.)
preferred
2
2-
50c
(quar.)
80c 2nd partic.
2-
20c
—
(quar.)
77? preferred (quar.)
Byron Jackson Co. (quar.)
Calaveras
2-
$1.50
common—
Caldwell Linen
Mills, Ltd.,
$1.50 1st preferred
2-16
2-16
$1
(quar.)
preferred (quar.)
(increased quar.)
Burroughs Adding Machine
(quar.j
Butler
Brothers, 4 Va 7? preferred
1-21
3-15
15C
Buell Die & Machine
Co.
Bullock's, Inc., 4%
Brothers
2
$30c
Ltd.
Buck
California Electric
Power,
$3 preferred (quar.)—.
American,Airlines, Inc.—
(quar.)
(s-a)
American deposit
receipts (year-end)
British Columbia
Forest Products, Ltd.—
Initial
Bunte
7
2-16
2-
$12'/2c
(quar.)
Bowser, Inc., $1.20 preferred
Brantford Roofing Co., Ltd.
British
Celanese, Ltd.—
2-14
2- 2
75c
50c
50c
1-30
2
2
2
6O0
1-22
2-28
2-16
1-
16c
A
8
10c
^
15c
25c
(quar.)
(quar.)
Bearing
Ltd.,
4-
1-15
2
2-16
$1
common
4% preferred
(quar.)
Boston Edison Co.
(quar.)
Boston Fund, Inc.
Bowes
4-23
2-
10c
2-2
Shun
Canada,
50c
25c
(quar.)
preferred
Bliss
Booth
3-
3-
Company
(Phila.),
Blauner's
Blue
2-10
Company (quar.)
Foods, Inc. (irreg.)
(quar.)—-—
—•
43%C
:
9
1-19
<f AUV
__
W-
RR.
,
1-19 M
62'/2C
preferred (guar.)_
nr.
Line
1-
25c
—
8
6-25
6-25
$56 y,c
(quar.)
—
$1
(quar.)
—,—
convertible
$2.25
Refining Co.
Bower
Laboratories, Inc. (quar.)
Cast Steel Co. "(quar.)—
(A. S.) Co.___
ZV2%
;
Coast
Bronxville Trust Co.
preferred
Amalgamated Sugar. 5%
T
Atlantic
!:
1-26
a35%
ser.
Increased quarterly
of
,
1-
75c
2-14
Per
Corp.
Co.
4
12-11
$1.25
50c
Aluminum Alloys, Inc.—
Aluminum
10c
(quar.)
(s-a)__
Best
25c
Aluminium, Ltd. (quar.)
1fi
1
3
common—
1-19
2-13
week, these being given in the
Altorfer Brothers Co., common
2
5
$1.25
(initial).
Atlantic
5*
1-19
1
give the dividends announced in previous
Aloe
2-2
—
3-
40c
(quar.)
2-14
3_
1-
—
2-16
$1.50
(quar.)
!
2-14
1
3-1
1-19
(year-end)
$5C
35c
Agnew-Surpass Shoe Stores, Ltd. (quar.)
Air-Way Electric Appliance Corp.—
''
1-30,
Best &
95c
Name 0) Company
Adams-Millis
1-15
2-14
87'/2c
Allied
3-
AHnnHn
,
1-15
37'/2c
I
a20%
convertible
2-13
12-29
Atchison Topeka & Santa Fe
Ry. com.
57c
non-cum.
pfd. (s-a)
Atlantic City Electric. 47c
Bruck
$1.10
1
3-
preceding table.
Acme
3-
$1
(irreg.)—
announced
6
$1.12
weeks and not yet paid.
dends
preferred
Benson &
1
20c
(F. W.) & Co., Ltd.—•
(final)
1
we
57c
2-19
6-1
2-
1-14*
10c
Associated Telephone
Co., Ltd.—
4 ]/2 %
preferred
(quar.)
1
3-
1
2
1-20
(quar.)
Argus, Inc., commop
Arizona Power
Co., 5% pfd. (quar.)
Asbestos Mfg. Co., $1.40 conv.
pfd. (quar.)
Ashland Oil &
Refining (quar.)
3-
3-20
6
32-
6-22
preference
2-13
$1.25
a
Young (L. A.) Spring & Wire Corp.
Young (Thomas) Orchids
i
Below
conv.
1
6-21
2-
75c
3-22
<
4'/2%
3-
30c
1
,
6
10c
(quar.)
preferred
Belleterre Quebec
$1.25
quar.)
(quar.)
Co.
preferred
2-
15c
.—J
5%
2-28
5
2-
1
common
Appalachian Electric Power Co.—
4'/2 % preferred
(quar.)
Appleton Co.
(irreg.)
1
Argus Corp. Ltd. com.
(quar.)
2-13
2-6
33-
—
Anglo-Canadian Telephone Co.—
4'/2% preferred (quar.)
Animal Trap Co. of
America, com.
$1
—
(initial
Corp.,
(quar.)
2nd
50c
(s-a)
3-
2-13
3-31
dividend)
preferred
15c
(quar.)
Worsted
$4.50
25c
2
2-18
2-28
quar.)
prior preferred
25c
Electric
1
Co.,
common
75p
——
(resumed)—__
1
3-15
4-15
62'/2c
—
(initial
Smelting,
convertible
Bareco
$1.25
&
preferred
Bxtra
$5
Barnsdall
$1.75
Wesley (A. ID Co., 4%.pfd. 1st
Wyandotte
(stock
Amoskeag Co.,
1-24
7-
3-
30c
(quar.)
Refining
2-13
$12 '/2c
Go., common
12'/2c
$1.12'/2
—
American Viscose, common'
5% preferred (quar.)
American Zinc Lead &
2
$1
class B
Crampton
Common
2
50c
2-18
for each
American Stove Co.!
American Sugar
3-
62'/2c
1-22
2-18
Pulley Co. (increased)
American Rolling Mill Co.
2-
2-10
2
3-11
American
3-15
22y2c
(quar,)_£____
preferred B
3
2-
3-11
One share of Detroit
75 shares held—
stock
preferred
5
5
50c
common
American-Marietta Co.
50c
,
'
com.
Hoe,
Am&rican Molasses
Common
50c
.—
(N. Y.)
Ltd
preferred A
6
2-
Whitman (Wm.) CP-- (Mass.).—
New common (initial)^
Wi)son Liire, Inc.
n
56'Ac
r
2-
2-17
._7__
Westvaco Chlorine Products
Alloy
$1.25
2-17
2-10
$1
2-
f ?
25c
,.
75c
$1.75"
3-1
3- 3
-25c
2-24
(N. H.)__
(extra)
Power,
6%
3-
3-
1-30
$1.75
-
25c
5
$1 •
2-10
3-10
50c
3_
t3C
(quar.)
25c
1
3-
75,c
3-25
35&
-
1-28
Westinghouse
50c
2sc
2-2
Snowdrift, $4 pfd. (quar.)_
West Coast Bife Insurance
(irreg.)
Western Auto Supply (quar.)
40c
37'/2c
1-30
$1.12'/2
common
$4.50 preferred
r
3I
(quar.)
(quar.i—
(quar.)—.
Manufacturing Corp
D.)
2-10
$1
$4 preferred
(S.
2-20
on
9
*>\
pfd.
Insurance
of America
&
3-10
Mass.)—
2I2O
3-31
II
2-11
25c
(quar.)
Corp.
Walker & Co.,
%'^j.
|
2-
$1.37'/2
12-17
1
3-
on
i
1-23
933Ac
a
71
J.)
(quar.)_^_
(interim )_i
nort-cum.
1
^-20
2-2
2-20
12-17
Edison
3-15
3-15
2-11
$1.50
T
American Light & Traction—
Com. (stock dividend).
5%
C°rp.
Coal & Iron Co._
Oil
2-16
3-
I-
Autocar
class A
Corp.,
preferred
4%
J-16
I'JJ
25c
Ray-O-Vac Company (quar.)_______:_I
Reading Co., 4'A
% J.
i~i°
Steel
Virginia Elec.
Wesson
2-1Q
1
$1
—————
Warren
1
1-23
—.—
s
99
20c
Co., common (quar.)
convertible preferred (quar.)__
(J.
9I
1
2
3-26
30c
Oil
Radford
3-1'
2
Corp.,
preferred
Vanadium
Vogt
3-
Inc.—
Utah-Idaho Sugar Co.—
Vanadium Alloys Steel
$5
2-25
20c
7_7l_-7-_a_—___a_
Virginia
2-10
3-15
25c
(quar.)—
preferred (s-a)—
Card (quar.)
Vqrney
3-1
$15c
Bonus
$1
Public Service .Co.. of New Mexico——__
Pure
1:^
197
common
class A '(quar.)
—_:
Proprietary Mines, Ltd.
p
f-j
|:}50
2-10
_
1'i'o
United
2-11
12'/2c
(quar.)
Insurance
Steel
Winters
ca_
A
(quar.)
&
p
$1.75
pripr preferred
___^
Pittston Company (q'uar.
•Plymouth Qil C9. (increased quar.7_i
Poor
•>
m
$950
I_
'Pittsburgh ;Bteei Co,l57'-pfd.
^'/2%
2
3.10
10c
;
Philadelphia Suburban. Water,
$3.65 preferred (quaiv)__
•
6
60c
fhillips-Joqes Corp. (increased)
Philadelphia Electric Co.,
$1 preferred (quar.
2-
i
(s-a)
—
2-16
S.
2-11
5
2-
25c
Playing
Extra
U.
1-27
5
3-
30c
IJ- S, Liqes Co., common
S.
2
3-
25c
20c
Co
Fire
5
s
20c
20c
4
25c
;
Machinery
Specialties
Leather Co.>
U.
2-16
1-22
(increased)
Inc., 4'/2%
U. S;
S.
2
2-
Pump Co.——
Accident
&
United Shoe
I
$l.l2'/2
Peoria & Bureau Valley RR. (s-a)
1
perkins Machine & Gear, 7% pfd. (quar.)__
i
,
9
<54
""
Mines
25
c0f,
(quar.)
.Consolidated
Revere
t"
9
75c
(qua"r.f
M
com.
I
95
7,1
a
35
4% preferred (quar.)j—
Paramoqnt Pictures, Inc. (quar.)
parkershurg Rig & Reel, common
9
25
J
2-25
$2
(qimr..j__—
v
9
%
9
.
2-^5
"
_
\ |l
295
7c
_
A
I
15C
___
phio Power, $4.50 preferred (quar.) "Ill—I
Qhio State Jjife Insurance (increased
quar.)
Qlin Industries, Inc. com
Corp.
9
2
lit
preferred
9-25
13c
I
Fund—
Fund—___
9
18C
9c
_
Stock
Investment
oc
11
l
1
I
i2c
,
°*£ Sl ca
_
11
05
i" f
p!d',w53
Paul
i
?
t" 1
\
f ®
il
Extra
_:—u^___——
;
'_
Norfolk ^ Western Railway (quar.)__—
,Park
9"
225
Loc
15c
_
Norfo'k &. Washington Steamship Co.
$4.25
c
99^
+2c
Fund
Industry .Shares
'
4%
5
5
9
9^
_
Oliver
9
9
9?
12r
_
Series.^
Equipment Industry Series,__
Industry Series—_
Tobacco Industry Scries
"*
'
9-95
2-25
9
Series
Diversidied
Life
United
3-
2-16
——
(quar.)——
(New Bedford,
Ry.
Lines,
5
9s
2-16
2
2-2
preferred, (quar.)——%
4y2%
qr
OH. Industry Series.-.;—
Public;Utility industry Series.-...."""'
Railroad* Series
"
Diversified
Air
United
99 n
9n
3-10
3-
Co. of California—
U.
l.an
3.10
50c
Steel
.
2-5
15r
sSc
Railroad
.
1
3-20
$1.20
Coal
(quar.)
United Engineering & FoundryCommon
(increased)
aim
3-an
3"is
_
(quar.)
United Electric
s
3
20c
Supply
Industry Series.....
Chemical Industry Series..
Electrical Equipment
Industry Scries
Food Industry Series_._:________:_
Metals
a
2-14
Chicago
Unit,
preferred A
United
o.on
3-?a
&
Ltd.
Storage Co,,
■
Machinery Industry.Series.
:
3-15
1
3-
—50c
(guar.)
1'
Seventh
Union Street
2-18
12'Ac
_
'
1
'
.
r
3-
37yi,c
_
_
.
City
OJ
Union
211
$1.12j/2
2-27
10c
preferred
preferred:; (accum.)
Union
9-10
t
_
Merchandising'
,
3.
Co.______i__________:___::
Insurance-Stock
3.
I
10
2-11
Newport News Shipbudding & Dry Dock
New York Stocks, Inc.—
Agricultural Industry Serie-3_____
Automobile Industry Series
!
Aviation
Industry Series__
B^nk Stock Scries.
I-Ii:
-
Tudor
2
1
,
Qpvcrnmcpfc1 Bond
k*
9-
Tank
Mfg.
Extra
7
3-10
3-
Amsterdam Casualty Co.
(N. Y.)
Nevy England Fund—
—
Certif cates of benpficial interest (quar.)
Building
2-27
Oil
Torrington
9
±i5C
(quar.i___
(quar.)-.
4.8%
Toronto Elevators,
1-31
New
New Jersey Zinc
Tokheim
2-9
3_
$3.75
"•
(increased quar.)
Inc. (quar.)________
Brothers.
j
$l2l2c
National Lead Co., 77 preferred A
Nat'pnal Rubber Machiney Co
;
National Steel Corp. (resumed)
Neisuer
3_
2-15
4.15
—
(quar.)
$4.50
.
2-
-___
National Gypsum
$1
2-13
3-12
37'/2c
Tide Water
Associated Oil (quar.)
Tilo -Roofing -Up>,. (quar. )__-i
Tivoli
Brewing
Co
is
30c
3-15
25c
(quar.)___—
3-15
40c. •
$1.p6
(quar.)__
The Fair—see Fair (The)
n
20c
pceferred
Rubber,
Co.
preferred
Texqs Papif^ Coal & Oil (quar.)—_______
Ejftra ———'-7r7——
2-I3
$1 75
Oil, 6%
Electric Co.-.
Taylor & Penn Co", (quar.)
2-I3
3-1
•
Tool
2-10
3-3n
•
_
2nd
Swan
RR.—
_
$1
$1
5-10
3-30
2-10
25c
(quar.)
6-1
12'Ac
__
of
•
12'/2c
_
Inc.
Tampa
2-13
37'fc
Natipnal Aluminate Corp. (quar.)__I_I"_"
Rational Biscuit Cq.< common
7% preferred (quar.)
National
By-Products
National Cylinder Gas Co., com. (quar.)
; 4%%
preferred (quar.j.
National Drug & Chemical Co.
4'/o
2-27-
3-1
Machine
Swan-Finch
2-27
'
2-28
7—_—_
Stores,
3-1
1
"
Sunstrand
1-23
(quar.)
quar.
.
Brothers
1
20c
Stonega Coke & Coal
1-23
2-
"-5%
preferred .(quar.r—^—$1.25
Monsanto Chemical Co., com. (quar.)
50c
•i
Sterchi
.
$1.25
Forgings
inefeased
..
$1.25
; Class R (quar,):^__
•
Missouri Utilities C.Q...common (quar.)
■
'
pqpimori .(quar.)
Missouri-Kansas Pips Linercom.
•
i
3-1
3-
2-14
(quar.)___.
common
Corp. (quar.)
Standard. Gil Co. of California—
2-20-
3'^ i
57( preferrpd (quar;)
;
1
'2-20: :
X
$1.50
•
__
3-
$1.25 -"
$1.27'2
$5.10,1st preferred -(quax.).______-__<______
V^prefefi-fd..(quar.)
"
1
3-
60c
.
(quar.)
preferred
3-
75c
,____
(quar.)
common
Inc.,
1
3-12
22'/2c
(quar.)__
■
:
1
3-
3-15
10c
Works
Brands,
Standard
2
20c
—
$3.50 preferred (quar.)-^-
; ?
~
A
2
3-15
^
Minneapolis Gas Light. Co. (Del.)—
5'/$%' preferred :.(<i.uar.)_________
4-
7
50c
-
(quar.)
pfd.
conv.
noii-cum. preferred
1-20
1-16
1
50c
preferred
Lathe
non-cum.
2-17
2
4-
62'/2c
(quar.)
common
non-cum.
1
2-
2-
30o
Railway Co.,
5%
1-31
3/
2-14
35c
f50c
—
90c
convertible
South
•'57^
1-31
■
$1.08'/4
(quar.)
Corp.,
Southern
1-27
3-1
I
Power, $6 pfd. (accum.)
—
2-10
3-15
40c
(quar.)
Co.,
2-14
1
3-
Inc,
,
2-3
2-20
$1.12'/2
.•
Aircraft
$1.25
25c
50c
"
________
1-27
50c
_7
Sonotone
;_____■
1-26'
3
$2
A
'5%- preferred (quar.)
5c
2
40c
—7___
Signode Steel Strapping Co.,
10c
22-
When
Holdert
Payable of Ree.
$1.25
4'/2% preferred (quar.)
American General
Corp., $2 preferred (quar.)
$2.50 preferred
(quar.)
$3 preferred
(quar.)
American Home Products
(monthly)
Monthly
3-10
50c
12y2c
(increased)
(Del.)
B
7'/2c
1
$2
(quar.)
4-
35c
12'/2C
—
_•
Socket—
American Fork &
1
—_
(quar.)
preferred (accum.)
American Forging &
2-13
(quar.)_ t$1.06'/4
common
Co. of N. Y.—
$7
1
:____
Extra
'
'■
1
(quar.)
Corp.
Oil
preferred
Class
1-20
30c
(quar,)
3-
Share
Cable,
Semi-annual
American & Foreign
2-14
2-
Extra
Marine
1
$1.12Mi
(quar.)^.
Sherwin-Williams Co., common
4% preferred (quar.)
Signal Oil & Gas'Co., class A
,
3-
'2-15
Surety Co. (N. Y.)
(quar.)
Security Insurance Co. (New Haven) (quar.)
Servel, Inc., $4.50 preferred (quar.)
Shawinigan Water & Power—
1-24
$1.25
;
(quar.)___-
Bahcoiporafion—
Fully
i
1
3-
-J.
(quar.)
(accum.)
Corp.
'Initial
2-
$1.50
•
4-12
2-25
uA
Savage Arms
3-20 '
Refrigerating Co.—
preferred
Marathon
$1.75
(quar.)——
(quar.)__;
common
non-cum.
Manhattan
(quar.)
1st pfd-.
1
&
(quar.)
American Encaustic
Tiling (initial)
American Equitable Assurance
2-25
$1
Seaboard
non-cum. 2nd pfd.
&
1
42'/2c
—
,1%
Lord
2
5-
Company
American Chain
5% preferred
2-10
1
3-24
(quar.)
,
3-11
Hotel—
2-
3-
3-
3-24
J25c
(quar.)
(quai'.)_
preferred
Rpsseil-Mijer; Milling
2-3
'
Electric, 4%
(quar.)__i.—
Paper Co., Ltd., 4i/4 7<> pfd.
Ruppert (Jacob) Co., commoiu.
7
65c
$25c
(quar.)
Ltd.,
Rol.and
5
2-16
4-1
••
Per
Name of
2
25c
——_
Rockland Gas Co.
2-16
$25c
pfd.
conv.
$1.31'/4
(quar.)_—
Little & Co.,
31'Ac
(quar.)
57
Robinson,
1
40c
25c
2-
25c
2-14
(quar.j
lquar.)__——
Corp.
2-16
40c
v
43
Holder•
Payable of Rao
$1.18'3/4
.7---^-;
—
Extra
3-
—
Corp.
proierred
Richfield Gil
2-27
___
Lprain Coal & Dock,
1
35c
;
(qpar.)
When
10c
—
preferred A (quar.)
5V4%
913
Lindsay Light & Chemical (increased)
Lbblaw Groceterias Co., Ltd., class A
(quar.)
Class
43/47«
1-18
95c
_
preferred
Shar*
-
(quar.)
common
Revere CopiJer & Brass, common
9
15c
—_
—
5%
2-
Qwl Stores,
Extra
'2-: 2 >C:
";r 2- :9 '
2-23
10c
'•
'•
2-2
3-. 1
15c
i__
Landing Company
Lansing Stamping Co. (irreg.)
Lea Fabrics, Inc. (irreg.)
Lees-(James)-& Sons (quar.j
Leland Electric,
3-1
$$1.75
_____
Co
(quar.j
Name oj Company
,
per
'
ii
Lamson
■■/.v
Red
_
Extra
Holdert
Payable of Rec.
V
f4Qc
___
Lakey Foundry & Machine Co
When
Packing, com. (increased
preferre-d (quar.)V
California Water & Telephone Co,—
S%
(quar.)
Common
Si
-
—
preferred (quar.)
preferred
Si,20
California-Western
Semi-annual'
—
—
2-14,
:
(quar.)
.
States Life Insurance-
1-31
2-
2
1-15
2-
2
1-15
2
1-15
2-
3-15
Special __r'-—-—-—50c
Cement Co., Ltd.. $1.30 pref, (quar.)
132 Vac
Canadian
Canadian
Bronze
Safeway,
Southern Ry.
Canada
Starch Co., Ltd.,
(quar.)
Co., common
Quarterly
1
2-14
2-
2
12-26
2-
4%
pref. (final)
—
Ltd., 5% pfd. (quar.)__
Ltd.. $7 pfd. (accum.)
Western Lumber Co.—
Utilities,
Canadian
Common
Power
Light,
&
common
_—
4%
Casco
Castle
(quar.)
Co.
&
M.)
(A.
Caterpillar Tractor (quar.)
Central Foundry, 5%
conv.
(quar.)___
pfd.
(quar.)
(quar.)
Hudson Gas & Electric, com.
Central
Electric Co.
Central New York Power—
3.40% oreferred (quar.)
Central Power & Light Co. (Texas)—
4% preferred (quar.)—
__________
Century Shares Trust—
____—.
Louisiana
Central
Carro
Certain-teed Products
2-16
Fibre, common (quar.)__
(quar.)
—
——
quar.)—.
Chase National Bank (quar.)—
Chattahoochee & Gulf RR. Co. (s-a) _.v
Chesapeake Corp. of Virginia_
•
Chesapeake & Ohio Ry.
31/2%
convertible preferred (quar.)
Chicago Corporation (quar.)
—
Champion Paper &
preferred
$4.50
Common
(quar.)
Common
(quar.)
Mill & Lumber Co.
Chicago
Extra
Extra
2-18
(increased)
Industries
Monthly
1-10
1-31
2-10
1
3-
2
1-15
2-
2
1-22
Dominion
2- 2
1-23
Donnacona
4*2 %
1
3-19
Dravo
2-25
2-10
Dryden
2
22-
2
1-20
2
1-20
2-17
Dwight Manufacturing
4-1
3-10
E.
2
1-
2-
1
1-12
2-16
2-5
2-
1
1-
2-
1
1-10
3-
7-15
6-
9
3-30
3-15
2-
2
.1-23
2-
2
1-23
1-17
1
2-14
6-
1
5-15
Common
9-
1
8-14
55c
20c
20c
20c
30c
16c
120c
130c
50c
87!Ac
30c
25c
15c
$1.0614
50c
$1.06
35c
14c
50c
47*2c
$1.50
10c
125c
Coal
37*2c
37V2c
'
(quar.)—.——.__ 1—
Co.
Consolidated Dearborn Corp.
Consolidated Edison
Glass
Consumers
Container
Ltd.
prior preferred
Copley Square
Common
$1
25c
75c
(quar.)
Cooper-Dessemer Corp.,
$3
!
of America—
Corp.
preferred
4%
75c
183/4C
$1.25
150c
pfd. (quar.)
(quar.)
:
$5
Co.
Co..
(quar.)
(quar.)
common
(quar.)
Trust Co.
(Boston)
—
50c
(quar.)
50c
Extra
5%
Corn
$1.25
$1.25
(quar.)
prior, preferred
(quar.)
preferred
5%
Exclfknge
Imperial
Cosmos
70c
Y.) (quar.)
class A„—.——
—_L_.
Bank Trust Co. (N.
Corporate Investors, Ltd.,
Cory Corp.
(quar.)_—
Mills,
Ltd.
18c
17*2c
135c
125c
(increased)____
Extra
3-15
3-31
1-20
4-
1
2-
1
1-16
Crown
$2
convertible
%
Cork &
Seal
preferred
28VaC
(quar.)
Co., Inc.—
preferred (quar.)
.___.
Seal. Ltd. (quar.)__
Forster, 8% preferred (quar.)
_
Crown Cork &
Crum
&
Cuban American Sugar, common
7%
preferred (quar.)
7%
7%
preferred
preferred
(quar.)
(quar.)
(irreg.)
*
...
50c
150c
$2
50c.
$1.75
$1.75
$1.75
$$1.25
2-2-48
125c
1-27
1-13
Firestone
2-15
1-31
5%
2-15
1-31
Firth
3-m
2-
1
1-24
3-
1
2-
Food
Tire
Corp.,
Foster
2
1-15
1-12
1-15
i—
5
Franklin
5
Freiman
Fire
2-
1
1-
3-
1
2-16
4V2%
4-
1
3-20
Fruehauf
Trailer
3-
2-
2
1-15
Gabriel
2-
2
1-15
Gamewell
3-
1
2-
2
Co.,
Co.,
Co.
6
General
Baking
1-27
General
Cable Corp.,
Cigar
1
2-20
7%
3-19
General
3-19
Co.,
Co.,
2
1-20
2-
2
1-20
2-
2
1-20
2-
2
2-
1-20
-
1-20
2
3-
$1.1428
4-
1-30
1
2-10
$5
Inc.
1-31
v
1-31
2-16
General
1
3-15
2-20*
2-16
1-16
3-31
,
3-15
3-18
1
3-18
Class
A
1
6-18
Class
B
9-30
9-17
7-
Class
3-15
B
(quar.)
2-
2
1-26
3-
Horn
6-30
12-31
1-31
12-31
1
1-25
2-
3-
—
2-
1
50c
$1.37*2
2-
1
2-
2
1-15
112*20
2-
1
1-20
2-
$4 pfd.
1
1-15
4%
1
4-15
Illinois
8-
1
7-15
5%
3-10
2-27
1
2-
6*
1
2-
6*
2-
2
1-20
Refrigerator
2-
Co.,
1-20
2-
2
1-15
2-
2
1-15
3-10
1-30
2
1-20
Zinc
2-
1
2-
1
1-15
4-
2-
2-16
2
2-
3
3-
2
1-24
2
2
1-15
3-10
1-30
8
2-
6
3-
1
2-
5
2
1-21
2
12-30
1-26
2-
2
1-15
2-
2
1-
7
62 V2C
2-
2
1-
7
18c
2-
1
1-10
2-20
6-15
3-31
1-23
2-
2
1-20
2- 2
1-15
3-20
3-10
2-
1
1-15
50c
2-
2
16c
3-10
3-
25c
2-28
1-31
60c
2-
1
1-24
$1.12*2
2-
1
"T-24
2-
International Harvester Co.,
International
1
1
1-15
1
2-18
3-
Class
3-1
A
4*2%
2-18
2
1-15
2-
(%s of
6
1-23
3-10
2-19
(accum.)
1-15
1
1-15
7%
1
~"$1
$1.75
3-
1
2-
5
140c
4-
1
3-
8
1$1.12*2
7%
4-
1
3-
8
+$1.75
2-
2
1-
5
t8%c
2-
2
1-
5
3
(quar.)
pfd.
Industries—
Metal
'
preferred
(quar.)
Nickel Co. of
Canada,
Ltd.—
($100 par)
(quar.)
($5 par) (quar.)
of Central America—
preferred
preferred
7%
2
2-
1-15
share of common
held)—
(initial)
(quar.)___
International
2-
a
12-23
18c
(Increased quar.)
1
2
2-
P
5
2-
15c
:
com.
2-
125C
50c
1
share
2
15c
2-
each
2-20
50c
Silica,
common
2-
3" 1
2-20
45c
(quar.) —
International Business Machines—
for
'v
125c
Chemicals
Stock dividend
2-16
37*2c
preferred
New
3-
$1
4-15
7-
-
2-
iquar.)
Corp.,
1-12
2-
common
Co.
1-24
2-16
2-
preferred (quar.)_
4%%
3-15
1
2-
2-20
2-26
(quar.)
6'/2%
preferred
Institutional Shares, Ltd.—
Stock and Bond Group Shares—
2-
2-16
2-
6
International Railways
2-
1
1-
5
Int'l
15c
2-
2
1-16
International
25c
2-
2
1-
Intertype Corp.
25c
3-15
2-13
Investors
1
2-13
Jaeger
25c
———
preferred
5%
$1.06 Va
$1.75
3-
2
2
5c
2-16
2-
25c
5-25
5-10
$1
5-25
50c
2-16
5-10
6%
Utilities
preferred A
B
common
(quar.)
1-17
Johns-Manville
15c
2-
2
40c
2-16
1-31
4%
2
1-
9*
3V2%
1-
5
Julian
1-
5
Kalamazoo
$1.50
2-16
2-18
2-
2
2nd
&
&
Kansas
2-
2
12-31
$1.37 V2
2-
2
12-31
$1
2-
2
12-31
20c
2-16
4-
1
3-15
5%
pfd.
15c
7-
1
6-15
4-
1
3-15
15c
7-
1
6-15
1-25
(quar.)___
1-1C
2-
2
1-19
2-
1
1-
2-
2
1-12
87 *2 c
pfd.
1
$1
3%%
2-
87 V2C
(quar.)
B
Johnson
2-
2
2-
Stove
S
2
10c
3-12
2-27
50c
2-10
1-3C
20c
"2-2
1-20
95c
3-
1
2-14
$1
2-
1
1-2C
$1.25
2-
1
1-2C
(s-a)
:
& Furnace
(quar.)
City Power & Light Co.—
preferred
(quar.)
City Stock Yards
preferred
Kayser
(Julius)
(Maine),
common
(quar.)
25c
Addison
Keystone
Steel
3-15
3-
137*20
3-20
3-
13c
2-27
1-31
50c
3-13
2-21
& Co.___
Kelvinator of Canada, Ltd
Kerr
15c
2-25
1
933/4c
1-15
15c
Corp.,
Kokenge
3.80%
Kansas
$1.50
1-15
2-
$1
2nd pfd. A (quar.)
Johnson
3-12
1
3-. 1
2-
Jersey
1-17
2-2-48
2-25
$1.25
1-10
2-2-48
1-31
3-10
$1.06*2
2
25c
1
2-20
15c
(quar.)
(quar.)
2
$1.25
3-
3-15
14c
2-
93%c
2-10
>
40c
2-
37j/2C
1-15
1
;
50c
2-
2
3-
(irreg.)
Central Power & Light—
4% preferred (quar.)
Jewel Tea, 3%%
preferred (quar.)
1-26*
2-
2-
22 *2c
pfd. (quar.)_
(quar.)
40c
Fund
Stock
Preferred
conv.
Corp.
Machine Co
Jantzen Knitting Mills,
5%
2-16
7V2c
$1.25
(accum.)
Resistance Co.,
87V2c
________
1
66*4C
(quar.)
Industrial
2-
(quar.)
(quar.)____
2-14
2-
20c
(quar.)
com.
Industrial
112 *2c
—
1
10C
1-15
t$1.12%
common
3-
Ltd.—
3-15
1-15
(s-a)__
(quar.)
1
(quar.)
convertible preferred
Interchemical
(quar.)
3-
1$1
Power,
2-20
1
$1
1
3-31
»
1-15
3-
Indianapolis Bond & Share Corp. (irreg.)
Industrial Brownhoist Corp. (quar.K
■
1-15
12 ".c
2-18
■; 2- 2
■
25c
Imperial Tobacco Co. of Canada—
4%
preference (initial)
Indiana Associated Telephone Corp.—
87 *2 c
1
30c
Illinois
25c
.
3-
31 'Ac
(r.-a)____
2-4 4
30c
2-18
(quar.)
Car
preferred
$2
(irreg.)
I—_—
(quar.)
1
60c
1-16
25c
1-24
1-24
3-
30c
1
——
2-14
50c
1
37 *2 C
(quar.)
2-14
-
3-
3-
1-24
2-14
$1
25c
2-
3-
3
37 *2 c
(quar.)_.
(quar.)
Illinois Terminal RR. Co. (quar.)
$1.75
(quar.)
1-24
2-
$1.25
$1.50
50c
1-15
1
Idaho
5-
15c
2-
1-25
35c
Hydro-Electric Securities Corp.—
5% preferred B (s-a)___
Power Co., common (quar.)
3-16
30c
1-15
2
2-14
8C
:
Motor
2
$1.25
2-
15c
25c
2-
2-
1-15
1-21
50C
1
1-20
1
2-16
$1.50
4-
3-10
1-20
$1.25
(irreg.)
Increased
Hudson
8
1-10
1
2-
(N. Y.)
Co.
$2.25
preferred
(quar.)
Hydraulic Press Mfg.—
6%
convertible
preferred
37 *2 c
2-13
2-13
;
(quar.)
Htissmann
$12.50
1
1
87V2C
Bay Mining & Smelting Co.,
Hudson
6
2-13
33-
2-16
Light & Power,
Oil
Howe
1
25c
$1.12*2
___
3-1
62 *2c
1-19
15c
2-13
$1.06*4
1-19
37 *2 c
1
20c
______
$1.75
(initial) —
2-25
3-
68 3/4C
(quar.)
65c
—
2-
3-10
3-28
1-
..
2-19
2-15
25c
common
2
.
3-10
& Co., common
Haraart
&
Co.,
1
-
2-24
3-15
75c
(quar.)___
A
<Bait.)
Insurance
Fire
2-
50c
2-24
$1
37*aC
(s-a)___
2-2
,
2-10
25c
2-
$1.50
1
3-15
____
pfd. (quar.)____
conv.
(N. Y.)
Co;
(Geo. A.)
Houston
7-26
1-25-49
1
25c
(quar.)
Corp.
preferred
6%
3-31
75c
—
A
1
2-16
(quar.)____.
Co.
preferred
$4.25
2-20
$2
(quar.)
class
1
(accum. 1
Electrochemical
Hooker
2-13
4-26
150c
(<juar.)
tquar:) '
(quar.)
3-
Co.___
Homestead
1-23
Hormel
(quar.)
Brewing
Genesee
1
4-
25c
25c
E.)
(Chas.
Holly Sugar
3-15
1
3-
$1.25
Public Utilities Corp.
4-
7-31
75c
50c
preferred
General
5-
SI
Oil
Public Service—
preferred
1-31
1
1
$1.12*2
125c
(quar.)
$5.50 preferred (quar.)
$4
1
9-
Co.,
Insurance
$3.75
$6
36-
(resumed)—
5% preferred (quar.)_
Corp.
Powder
Home
Corp.—
preferred
class
Ltd.,
1st preferred
Home
common
General
3-
1-15
1
1
50c
of America
preferred (quar.)
1-15
common
preferred (quar.)
preferred
(quar.)
Outdoor Advertising,
2-14
.2-14
1
1
3-
122 *2C
(initial)
;
cpm.
new
Holly Stores, Inc., 5%
2-
1
3-15
v>
common_____
Hires
4-
3-
Electric & Utilities Co.—
3-16
65c
1-15
50c
Co.,
P.)
2-,l
50c
1-15
1
125c
preferred
1-15
1
2
3-15
25c
3-22
preferred (quar.)
Home Insurance (s-a)
Extra
______—J\_.
General Metals Corp.
(s-a)
Motors
Co.,
1-23
2-
30c
$3.50
Mills,
Canada, Ltd.—
(quar.)
Ltd. (quar.),
Co.,
15c
Georgia
General
(quar.)
common
$1.12*2
•
22-
7 VaC
(quar.)_!
7
2-
1$1
Corp., com.
common
(increased)
Chemical Corp., common
3V2 %
preferred (quar.)
Higbee Co., 5% preferred tquar.)
Hilton .Hotels Corp., common (quar.)
4%
convertible preference (quar.)
1
3-
1
12*2C
common
75c
50c
(quar.)
Corp.
V2 %
6
15c
2-20
$1.25
—
(quar.)
Food Corp.,
2-16
'
Heyden
7-15
1
common—
Corp.,
Finance
General
2-16
3-
preferred
General
1
5-
$1
preferred A (s-a)
4% convertible preferred C
$50
common
"A"
Extra
1-15
4-15
2
5%
2-
2
2-
15c
conv.
General
3-
1
8-
Transportation Corp.—
$4.25 series A preferred (initial quar.) —
3-31
1
9-
$1
(quar.)
(quar.)
preferred
(quar.)
5%
2-
Products, common (quar.)
7% preferred A
Hershey Chocolate, common (quar.)_
_____
$1 convertible preferred (quar.)
1
6-
9-15
4-
General American
; 3-31
3-
6-15
$1.50
—
preferred
$3.50
3-15
$1.25
(quar.)
Industrial Secur.
Fulton
2-16
Co., 5*2% pfd. lquar.)_
Electric Light (quar.)__i
Hercules
$1
(accum.)
common
$5
1-21
25c
Hayes Mfg.
1-14
2
2-
$1.50
(s-a)
Insurance
preferred
1
1-
4
Havana
1
2-
$4
prior pfd. (quar.)_
4'/4?r pfd. (quar,).
(A. J.), Ltd., common
preferred (quar.)
4-
1-15
1-26
1-31
$1
prior preferred (quar.)
6% prior preferred (quar.)..,
Four-Twelve West Sixth Co. (irreg.)
Fownes Bros. & Co. (quar.)
1-
6
Hat
2
$1.50
6%
2
1
2-
$1.50
Foster-Wheeler Corp.—
2-15
4-
3-19
$1.50
preferred (quar.)
Kleiser Co. (quar.)
1-31
1-31
Hercules Steel
Convertible
2-13
2-15
(quar.)
(J.
6%
Machine Corp., common.
3-10
1-30
140c
(quar.)
'
125c
Watch
Hartford
Hartz
1-30
Dock Co.
(quar.)_
(A)
1-15
25c
com.
2-15
Ltd
Plywood Corp.,
Harris
2-20
50c
new
2-14
2-
Harbor
2
25c
Extra
2-
6
2-
2-14
$35
(quar.)
.
Sterling Steel & Carbide Corp.—
preferred (quar.)_
_
Machinery
.
2-14
Stores
Cotton
B
3-10
40c
common
1-30
$1.75
:___
Extra
12-31
1
2-
$1
preferred
Foote Bros. Gear &
9
1-20
2
2-
2
2-
2-17
Extra
;
1-15
2-16
___________
& Rubber,
Carpet Co.,
7%
1-15
2-16
—
Mogul
Federal
1-20
2
1-
2
2-26
50c
125c
convertible
Class
Quarterly
Firth
2-28
2-
50c
2
2-
2-2-48
120C
1-15
1
2-24
tquar.)^
Hammermill Paper Co. (increased)
Hammond Instrument Co., 6% pfd. (quar.)_
Common
(quar.)
:
Hancock Oil Co. of California, class A (quar.)
2
1-
2
3-
2-21
preferred
Brothers,
4%
12-31
2-2-48
125c
v.'
Quarterly
2-3
1
2-
2-
$2
quar.
Biothers
Hamilton
1-15
12-31
(quar.)
Inc.
Corp,___
Fibreboard Products, 6%
2-
Hamilton
2
-
3-16
2-15
Halle
1-15
$2.50
4-1
3-31
1-15
2
2-2-48
<quar.)_
—,
7% pfd. (quar.) _______
Life Ins. (Syracuse) —
2-16
2-14
2
2-
Traders
1
2-
2-
125c
pfd. (quar.)
Ltd., 5%
Quarterly
Fashion
Park,
3-15
3-
2-25
Hale
137 V2C
Gregg,
&
&
Farmers
2-15
2-
1-30
175c
B
Corp.
Coe
Faber
2
2-16
2-16
'
40c
Quarterly
Quarterly
(resumed)
Ex-Cell-O
6%
4 V2
Increased
2-15
2-19
3-15
2-16
Gypsum Lime & Alabastine of
1-24
1-15
1
1-19
2-16
$1.25
;
(quar,)__i.
A
130c
■
1
3-15"
Light—
non-cum.
2
Eureka Pipe Line
1
1-14
2
2
3-
$1
25c
Griess-Pfleger Tanning Co.
Gum Products, Inc., common
2
Co. (irreg.)
Esmond Mills,
5
6%
2-
1-20
60c
Western RR.,
Gas
3-
15c
(quar.)
(quar.)
15c
2
1-22
'
56 *4 c
&
debentures
2-
Eppens
5
2-
2-
30c
2-10
2-21
8-10
125c
11-
1
Dredge
Bay &
Income
Greenfield
6
2-
(irreg.
2-16
2
9-
t$1.12V2
2-
2-
2-
2c
(quar.) —
Smith Co. (s-a>_
Equity Corp., $3 conv. preferred
Erie
&
Kalamazoo RR.
(irreg.)
2
2-7
1
120c
Enamel &
1-15
2
1
3-
12*20
convertible preferred (quar.)
Heating Products, Ltd. (irreg.)
4%
2
2-
2-16
2-
1
3-
137 >/2c
convertible preferred (quar.)
4% convertible preferred (quar.)
1
3-
3-15
& Sexton Co.—
Cribben
Green
Derrick & Equipment—
Emsco
4%
partic. preferred, Class A (quar.)
partic. preferred, Class B (quar.)
6
4%
Consolidated Chemical Industries, Inc.—
$1
West Coal Co.,
__
Corp.,
States
Eastern
7-17
Quarterly
Lakes
Great
Class
(accum.)
$7 pfd. A (accum.) __
$6 preferred B (accum.)
■;—
Eastern Sugar Associates—
$5 pfd. ctfs. of beneficial interest (accum.)
Eastern Theatres, Ltd.
(interim)
Ekco Products Co., common (quar.)
4V2% preferred (quar.)___*;—™_
Elgin National Watch Co. (quar.)
Electric Furnace,
class A (quar.) _______—
Emerson Drug Co., 8% preferred (quar.)____
Empire District Electric, 5% pfd. (quar.) —
3-15
1
25c
...
Great
6
Corp.
preferred
6%
3-30
8-1
30c
(quar.)
———_—,
Colgate-Palmolive-Peet Co., com. (quar.)___
$3.50 preferred (ouar.)
Collyer Insulated Wire (quar.)_
:__ k
Colorado Fuel & Iron. 5% conv. pid. (quar.)
Columbia Gas & Electric (quar.)
Columbia Pictures Corp., $4.25 pfd. (quar.)—
Columbian Carbon Co. (quar.)
—___
Columbus & Southern Ohio Electric Co.—
414%
preferred (quar.) ________———
Commonwealth Edison Co. (quar.)_—
Commonwealth International Corp., Ltd
Connecticut Light & Power, $2 pfd. (quar.)_
S1.90 preferred (quar.)
Connecticut River Power, 6% pfd. (quar.)—
Connohio Inc., 40c preferred (quar.)
Consolidated Bakeries of Canada, Ltd.—
3
2-
15c
preferred B (accum.)
6% preferred B (quar)
9
4
preference
2-
3-
2
Underwriters
Life
Amefican
1
75c
6%
1-15
$1.75
30d
:—
________
Products (increased)-^——Coast Breweries, Ltd.
(increased quar.)_—
Cochrane-Dunlop Hardware, Ltd.—
Class
A
(quar.)__—————————
$1
8
4-15
3-
Great
2-
2
2-
37*2c
7%
6
Liquidating (liquidating payment) —
Empire Steel Corp
!____
S.
Eastern
2-6
$1.25
$1.25
$1.25
18c
2%%
15c
50c
Grayson-Robinson Stores, $2.25 pfd.
3
50c
(increased quar.)
Eastern Massachusetts Street Ry.—
6% 1st preferred A (quar.)
6%
1st preferred A
(quar.)—
6%
1st preferred A (quar.)
2
2-
2-
5
2-
6
Co.
3-
Formerly
2-24
______
Consolidated
2
2-
11-
2-
T.)
Knight,
2-
Paper
3-10
2-16
11-15
Co., Ltd. (increased)
17c
Ducommun Metals & Supply Co. (quar.)
'
30c
Dun & Bradstreet, Inc.,
common..
;____
$1.12 *2
4*2%
preferred (quar.)___
25c
Duquesne
Brewing Co
1-15
2-
Graton
75c
certificates
Worsted, Ltd.
common
Grant
5
50c
Co., Ltd.—
preferred (quar.)
Corp.,
5
8-
15c
Paper
conv.
(extra)
preferred
5-
&
2-
2
"50c
8-16
(W.
1-
20c
Co
37V2C
trust
Woollens &
Union
Grand
5-15
30c
(quar.)
& Chemical, Ltd.—
voting
Common
5
2-
2-16
2-
25c
:
(quar.)____:._______„a^__-__
50c
(quar.)
2-
2-14
2-16
2
Co., common____________
preferred
50c
(quar.)
com.
2-13
1
5-26
2-
*
50c
preferred
Common
4-
Ltd.,
1
3-
(H. C.)
(s-a)
Goodyear Tire & Rubber Co., com. (quar.)
$5 preferred
(quar.)____
Gotham Hosiery Co.
(quar.)_^
Grace National Bank
(N. Y.)
(s-a)
1-26
3-
50c
Ltd. (quar.)
Fabrics,
Dominion Tar
2-16
.
6%
1st
5%
2-10
Aluminum
$1.20
2
2-14
preference (quar.)
2nd conv. preference (quar.)
Dominion Malting Co., Ltd., com.
2-20
.
Monthly
Dominion
2-
$1.12,/2
(quar.)________
(monthly.)—
preferred
$4.50
Clinton
Dominion Bridge,
2-16
52
$2
—
—
1-30
15c
35c
'*.
Godman
1-26
participating preferred (s-a)
Investment Trust Shares—
2-14
50c
10c
_______—
1-30
(quar.)
3-1
50c
Electric
:___:
—___1
Cincinnati Inter-Terminal Railroad Co.—
J%
preferred (s-a)
;
1%
preferred (s-a)
—_■_
———
Cincinnati New Orleans & Texas Pacific Ry.
5% preferred (quar.)
5% preferred (quar.)
5% preferred (quar.)
Cinzano, Ltd., class A___
—
5 V2 %
preferred
(s-a)___
'City Investing Co
—
City of New York Insurance (s-a)
City of Paris Dry Goods—
7%
1st preferred (quar.)
City Stores Co. com. (quar.)
,.
Class A
(quar.)
—
Citizens
Utilities Co.: (payable in cash or
3/100ths of a share of common stock)
Cleveland Electric Illuminating Co.—
1
2-16
participating preferred (s-a)_-
6%
Globe & Republic Insurance Co.
(quar.)
3-
2
5-30
$1.25
Globe-Union, Inc.
9 3 *4 c
Steel Construction
25c
;
tquar.)
1-30
—
2-10
15c
Cincinnati Gas &
Common
1-20
preferred
1-30
2-
1-12
Razor—
1
60c
(quar.)
2-28
30c
—-
Copper Co.
1-20
(s-a,i
(s-a)
1
20c
1-17
2
2-
t$1.25
preferred
Co,
A.)
Co.
3-
25c
Co., Ltd.—
$1.50 conv. class A preference (accum.)
Dividend Shares, Inc. (irreg.)
Dobbs Houses, Inc.
(quar.)
Dodge Mfg. Corp. (quar.)___
5
3-
2
(S.
Safety
3-
(extra)
B
Disher
1-10
2
2-
25c
25c
__________—
Chiksan Company
6-17
2-
87J/2C
10c
Coal Co
Wilmington & Franklin
Chicago
$5
3-18
3-15
50c
•—
1
preferred (quar.)
class A (extra)
6%
1-10
1
7-15
30c
40c
$1.25
(quar.) —1 _a.—
2-
$2
preferred
6%
4-15
25c
$1.12'/a
_____
1
Diocesan
75c
—
;
3-
1-29
2-
54*4C
Co. (increased
Gillette
Raynolda Co.,
&
Diamond Match Co., common
12-31
2-
15c
Chase Cahdy
Club
2
Gilchrist
1
—
non-cum.
Class
1-26
40c
Extra
5
Gerrard
2-
93 %c
—
non-cum.
Devoe
2-16
$1.12*8
(increased)
Chain Store Investment Corp.—
4*2%
convertible preferred (quar.)_
Chain Store Real Estate Trust (Mass.) (quar.)
Chile
1-
$1
41c
50c
Co.
Chain Belt
2
;.
(quar.)
prior preference
4Vb%
1-15
1-20
1-12
1
1-31
62 V2C
common
(quar.)
45c
5%
1-15
85c
Fasco Copper
De
2
50c
SI
50c
50c
75c
$1.25
13c
40c
Co., common___i
preferred (quar.)
•
Products Corp. (initial)
1-16
2
2
t10c
110°
50c
Carpenter Paper
1
3-
1
2-
t$1.25
I$1.75
Common
Carolina
9
2
2
3-
117 '/2c
.
5%
2%
non-cum.
Canadian
Canadian Vickers.
1-
2-
11 Oc
$20c
i
2
2-
15c
15c
—
9
2-
Canadian
Special shares (quar.)
Ordinary shares (quar.)
Canadian Investors' (quar.)
Canadian Oil Cos., Ltd. (quar.)
Canadian
Pacific Railway—
2
1-
2-
$16°
Irregular*
1——■—-—Investment Fund, Ltd.—
9
22-
2-17
1
3-
$1.50
25C
Corp.,
preferred
$1.75
—
Light, common—
3*4%
preferred A (quar.)____—;
2%%
preferred B (quar.)_
Dennison Mfg. Co., common A
$3 debenture stock (quar.)
Dentist Supply Co. (N. Y.)__
Denver Union Stock Yard Co. (quar.)
Detroit-Michigan Stove Co.—
5%
non-cum.
preferred (quar.)___
5%
non-fcum. preferred (quar.).
2-27
4-
(quar.)
class A
5%
1-20
2
$1.25
137 '/2C
(quar.)
B
Class
(quar.)
—*■
preferred (quar.)—___
Ltd.,
Leather,
2-
Shoe
General
2
2-
.
Cash
1-20
2-14
35c
When
Payable
preferred (opt. dividend series) (quar.)
or 44/1000 of a
share of common
stock at holder's option
$6
6-18
1
2
87 V2C
Dayton Power &
1
4-
175c
Securities Co., Ltd.—
& Foreign
Canadian
2-
2-16
Corp., Ltd.—•
________
I
2-20
3-
t$1.25
preferred (quar.)—
Canadian Foreign Investment
Davis
72-
•
Terminal, common
(quar.)
1
3-20
$1.50
t$3.50
150c
1:50c
5%
preferred
3-17.
1
4-
25C
common
Davenport Water, 5%
.3-
$$1.12Va
Ltd., 4V2% pfcl. (quar.)__
(s-a)
______
7% preferred
._
Breweries, Ltd. (quar.)
—
Canada
Dallas Railway &
50c
$1.25
Holiert
Per
Share
General Shareholdings Corp.—
3-17
1
4-
$1.25
—
preferred (quar.)
3'/2%
7%
3-
Canada
Canada
Cuneo Press, Inc.,
1
3-15
-w_a.-■■■.; ' 50c
(quar.)
com.
(quar.)—
(quar.)
preferred
preferred
5%
5%
50c
25c,
30c
.
Atlantic Sugar Co.,
Cuban
1-31
2-14
62*2c
62*ac
quar.)_
California
I
Name of Company
Payable of Rec.
Share
Name of Company
Payable of Rec.
Nnldert
When
Per
Holier$
When
Per
Share
of Company
Name
Monday, February 2, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(586)
4(i
Gold
&
Extra
Kingan & Co., 4%
Mines
Wire
(interim)
''; *
(quar.)
(quar.)
(Brooklyn)
(quar.K
3-13
2-21
$1
2-
2
1-12
$20
2-
2
1 -21
25c
________
_____
preferred
Kings County Trust Co.
_______
.
7'^-.\V;4V^Volume 167 Number 4669
THE COMMERCIAL
:;'
Name of
p*r
Company
When
Share
Cotton Oil Co. (quar.)_.
Company, 60c pfd. (quar.)
$1.37'/a preferred (quar.)—
2-20
Name df Company
2-10
15c
2-25
2-16
343/sc
2-1
1-5
National
Kokomo
Kresge
Water
ti'A
pid.
(irreg.)-
8c
;
$1.50
(quar.)
(quar.)
Kroger Company,
1st
preferred
1-30
3-15
New
Brunswick
6-15
New
Process
$1.50
10-
1
9-15
New
Jersey Worsted
New
(quar.)
1-15
5 A
1st
preferred
5 A
1st
preferred
2
1-12
3-1
2-9
Nopco
2-
2
1-223
North
2-
2
3-1
2-7
t2c
2-16
1-30
2-
1-20
$1.12'A
'
$1
2
1
3-
1
E^tra
Missouri
pfd.
(s-a)
Louisville
&
Lowensteih
(s-a)
1
1-15
1-15
2-20
Northwestern
Nashville
(M.)
Lukens Steel Co.
Year-end
_
1-30
McCall
Ltd.,
class
A
(quar.)
(quar.)
(quar.)
Porcupine
Mines,
Ltd.
(quar.)____
2-
2
1-21
3-1
2-2
2-2
t4c
2-20
3-10
2-20
1
2
(quar.)_
40c
2-16
$3
2-1
75c
2-
2
2
50c
3,- 1
50c
(s-a)
2-16
20c
2-
2
2-
1
f25c
2-1
80c
2-14
75c
,
2-
20c
$1
$1
1-31
l
1-16
1
1-16
$1.10
2-
2
1-15
2-
2
25c
2-
2
25c
4-
2
3-20
______—_______
Inc.,
25c
7-
2
6-20
10-2
9-20
common
—
25c
(quar.)__
25c
& Light Co.,
Power Co.,
7A
Cottons,
$6
preferred
Plan
$2.25
Corp.
preferred
A
Mount
Co.
Diablo
Oil,
•
1
conv.
Mining
National
National
4% A
pfd.
&
(quar.)___,
62'Ac
Co.
Chemical
&
City Bank
Container Corp.,
(increased
(Colo.)
1
1
$1.75
9_
1
2-
2
1-20
50c
3-
1
2-16
56'Ac
2-
2
1-15
quar.)
25c
series
B_
9c
■■■■•
1-2
2-1
1-16
$3.40
2
1-15
Scotton
1-15
Scovill
22'Ac
.
2-
2
3-
1
1
3-
1
1-26
2-25
1
1-31
$0.59375
2-15
1-15
2-
2
1-31
4-
1
2-25
2-
2-15
Co.
$1.25
(quar.)
2-
2
1-15
37'Ac
2-16
343Ac
2-16
2-16
;
1-20
3-15
3-1
2- 2
.
32Ac
2- 2
preferred
preferred
Simpsons,
2-14
1-24
4'AA
2-
1-26
5
2-
2
1-26
1
2
1-15
4A
2-10
Randall
2-
2
1-20
1
1-15
2-
2
3-
1
2-7
6-30
6-12
2-
1-26
Smith
3-1.5
Smitn
50c
4-
2
1
3-15
2-16
3-10
2-
2
2-
2
1-16
v
3-
5
2-
2
6%
2-
2
50c
2-
2
1-
2c
2-
1
5-
1
(stock
8-1
1-10
$2
9*
2-2
Co.,
2-
1
95c
2-
1
50c
2-16
90c
3-
1
Agricultural
4-15
75c
2-14
t30c
2-16
2-
2
1
Co..
84c
2-16
1-30
3-15
2-16
Ltd.
2c
10-30
2-2
5%
2-16
1-30
2-16
4-
1
1
$2.10
3-15
$1.25
:
4-
1
Fuel
Standard
Oil of
3-15
2-16
3-31
Standard
2-27V
2-16
Partic.
2-27
3-31
1-23
1-16
($2
.
*
"
■
.0.-1
i/V; A a/A '.
,
2-23
1-20
&
pfd.
Engineering
Common
»
Common
'
5A- prior
6A
2-
3-15
1-16
$15c
2-
2-
(stock
class
50c
2
2
1-23
2
;
1-15
2-
2
2-
>
2
(s-a)
2-16
2- 2
430c
2-25
$27'Ac
2-16
com.
com.
2-
3-15
2-16
2-14
1-15
2-14
2
1-15
2-
2
1-10
2-2
1-10
3-
5
1-30
3-5
2-3
1-
50c
2-
1-21:
35c
1-30
.
1
2-1
3-10
87'AC
3-
5
1-21
2-10
1
1-30
1-16
,
5
Co.,
1
1-15
2-1
1-15
2-2
(quar.)
40c
3-
2-
1
2-
1-21
1
92'Ac
1
97'Ac
2-16
'
1-15
1-15
$1.03%
2-1
1-15
10c
2-20
1-31
(resumed).—
Ltd.,
com.
conv.
pfd.
nfd.
2-20
2-10
3-15
50c;
3-
3-10
$1
2-
:,
5
2-13
2
1-15
$3c
2-15
1-15
45c
2
2-16
2-
$10c
3-
1
1-30
$$1.25
3-
1/
1-30
(quar.)_
(quar.)_
40c
3-
1
2-20
56',4c
(quar.)
(increased quar.)
Materials,
10c
$1.50
—
4'AA
$1.20
$1.10
2-
2
1-15
50c
__
3-10
2-10
4-
1
3-
1
4-
1
3-
1
Ltd.—
$25c
preferred—$31%c
t25c
Silica
Corp.__
4-1
3-1
12'Ac
2-14
2-
50c
2- 1
1-12
60c
—
pfd. (quar.)
3-11
3-1
.
5
Co.
of
Canada,
Ltd.
Works,
(quar.)
(quar.)
(quar.)
1—-
2-
1
$10c
com.
$15c
2-
1
$75c
2- 2
$43%c
2- 2
$31'Ac
50c
(J.
P.)
50c
&
Co.. Inc.
Stokely-Van Camp, Inc.. common
5% prior preference (ouar.)_:
1-16
Sun
$1.25
preferred
Ray
6A
Drug
(quar.)
Co.,
1-30
1
3-15
1-31
1-19
4-
1
3-22
4-
1
3-22
50c
2-
1\:
2-
25c
2
1-21
1-21
2-16
5
2-
o
2-
$1
2-
2-16
1-19
2
2-16
2-
(quar.i.
25c
3-15
2-25
common
5c
2-16
J-30
37'Ac
Inc
2-16
2
1-30
75c
1-17
2-10
2-
4-
1
2-27
3"
(quar.)
2-1
$1
(irreg.)
1
40c
Special
•Syracuse' Transit
,1- 7
2-16
4-
40c
31'Ac
(quar.)
(quar.)
Biscuits,
2
1-7
15c
Superior Oil Co. of California
Co.
(increased)—
Securities, $4 2nd pfd. (quar.)
preferred
Sunshine
common
1-10
1-7
25c
1
.
Corp.,
1-10
,
25c
Propane Gas Corp.
/
2-
56c
pfd. (quar.)__
(quar.)
Suburban
1-20
3-10
3-1
2-25
_
;
1-15
1-20
1
3-12
2-
1
1-20
4-
1-31
3-10
55c
Elec.
2- 2
4-1
3-10'
1-20
Suburban
2-20
1-19
;
1
2-
1-21
2-2
-
4-
2-16
1-21
7'Ac
2-10
2-29
1
6'Ac
1-10
1-19
2- 2
430c
1
1-20
1-10
I
2
$0.2542
2-
2-20
6 A.
1
2-
^__
Struthers Wells
3-9
1-16
2-
.
$15c
Stott Briquet, $2 conv. pfd. (quar.)
Strawbridge & Clothier, common—.—
3-9
2-
1-19
-
$1.50
Stevens
1-30
3-9
2
&
3-12
4-1
1-31
2
$15
:_
3-1
4-1
2-
2-
$30c
Participating
1-20
4-1
•
1-31
2-15
Co., Ltd. (quar.)__
Electric Co.—
(quar.)
Sun Oil Co., common
25c
1-31
2-15
10c
(quar.)
2-
t25c
• 2-15
$1.50 "
2-
-
6
1-16
175c
'
50c
(irreg.)
2-
50c
2-
1-16
50c
1
4-
2-6
.
$75c
4-2
50c
A 12'Ac
6A
2-16
$$1.25
(initial)
Gas
Paving &
(initial)
conv.
Swift &
dividend)—:
preferred (quar.)
preferred
(quar.)
^
2-18
425c
Stein (A.) & Co. (quar.)
Stern & Stern Textiles, 4'AA
1-20
'
—
:
1
2-16
Indiana
..7% partic. pfd.
1-23
2-12
25c
$1.12'A
3-
;.
Stanley Brock, Ltd., class A
Class B (quar.)
1-23
2-
5A
(stock
.
Co.—
(cash dividend).
dividend)
A
2
1
2-
$0.5056
25c
(quar.)
2-18
$0.2917
$30o
Standard Wholesale
Phosphate & Acid
Inc. (quar.)
_^___
2-27
52'Ac
com.
4A
9
2-25
50c
dividend
preferred
1-
2-28
20c
(quar.)
3-10
1
Standard Steel Spring Co.
Steel
(quar.)
Republic Drill & Tool Co.
.
stock
,.
Electric
preferred
1
3-
Power
Co.,
conv,
Standard
—
(quar.)
2- 2
4-
Prticipating
2- 2
2-2
25c
Stock
—
3- 1
30c
(quar.)
3-1
10c
25c
$25c
(quar.)
Standard Dredging, $1.60
Standard
$25c
I
A
Co., $2 preferred A
conv.
$4.50
3-15
1-30
40c
(quar.)
Remington Rand, Inc.
3-15
4-
Reliance
1-30
15c
(C. A.)
Reitman's, Ltd., 5A
10-20
$1.12 Vi
preferred
A
preferred
2-16
$1.50
(irreg.)
420c
-
(quar.)___
(quar.)_
Chemical
2-16
75c
common
12-15
,
(quar.)__
i 1-15
425c:
$62'Ac
(quar.)
Inc.,
Class B
1-12
10c
preferred
2-1
25c
preferred
2-14
20c
(quar.)
2'AA
87'Ac
(quar.)
3-15
$1.75
common
1-15
common.—
preferred
3-15
1
(111.),
Chemical,
preferred
Standard
$1.25
;
2
California Edison—-
Common
2
1-15
2-
450c
6'% convertible preferred (quar.)
Spencer Kellogg & Sons (increased quar.)
Squibb (E. R.)- & Sons, $4 pfd. (quar.)
Stadacona Mines (initial)
Stamford Water Co. (Conn.)
(quar.)
2-13
2-18
27'Ac
(quar.)___
3.90 A
1-15
3-
2-18
.
25c
4.15%
preferred
(quar.)
Sovereign Investors, Inc
Sparks Withington, common
2-2
41 'Ac
$1.06'A
1
2- 2
$1.12'A
3.70A
1-23
3-
3-1
40c
Southwestern Public Se'rvice, common
1-12
1-30'
1- 9
:
15c
A
South-western Electric Service—
4.40A
preferred
(quar.)__.
4-1
2-1
4-19*
2-11
1
2-1
$19c
(quar.)____
Indiana
2-11
$1
90c
:1-16*
30c
Canada
2-6
2-27*
1
2-15
12'Ac
(interim)
com,
Co.
preferred
-
3-12
3-
$31',4c
Corp.
50c
(quar.)
25c
91'Ac
4.8%
preferred
Southwestern Associated Telephone—
$2.20
preferred
(quar.)
2
1-15
3-1
50c
'
5-1
(s-a)
Southern
1-15
$12- 1
(quar.)
2-
v
$30c
(A. O;)
4.88A
1-9
2-1
75c
A
55c
85c
common
(A.) & Sons Carpet Co.,
3'AA preferred (quar.)
1- 9
2-
•
A
Ltd.
Ink
50c
preferred
Class
;
(quar.)
Smith
1-13
$2
Reading Tube Corp., class
Reed
7-22
$1.5C
(quar.)__
dividend)
$3
4-21
2c
Co.,
Rayonier,
1-22
2c
convertible
7-16
25c
Southam
1-13
$1.10
—
4-16
1
(quar.)
Southern
(Del.)
Co.,
class
Corp.
(M.)
Southern
_
1
8-
::
(quar.)
(quar.)
Preferred
1-2
$1.06'A
(quar.)
5-
27'Ac
(quar.)___________________
Ltd.,
$1.75
Light
Raymond Concrete Pile,
2-16
$0.296875
&
1-16
27'Ac
420c
Power
Oil
Sleight
1-15
tSl.50
(quar.)
Common
1-16
30c
(quar.)
Common
1-15
2-
15c
Power
1
420c
(N.)
Extra ^
2-7
25o
Railway & Light Securities Co.
1-15
1
Sound
2-
Extra
1
J75c
Purity Flour Mills, Ltd., common (s-a)
Redeemable preference
(quar.)—
Quaker Oats Co., 6A preferred
(quar.)_
Quaker State Oil Refining
Corp
Quebec Power Co., (quar.)__
Quinte Milk Products, Ltd., class A
(quar.)
5-15
>1-20
50c
27'Ac
(quar.)
Slater
3-
10c
;
1-15
2-10
<
.
1-30
dividend) —
preferred
Sinclair
3-12-7
68%c
(quar.)
1
V
preferred
$26
(quar.)
preferred
2-
;___
Silverwood Western
Dairies, Ltd.—5 A
preferred
(quar.)
1
Simmons Co.
(irreg.)
10c
(monthly)
(monthly)
1-15
25c
Company
Dairies, Ltd., class
Class B (interim)
1-16
$1.25
preferred
1
Silex
1-20
50c
(quar.)
2-
410c
(s-a)
Pacific
6A
$0.2083
:
1-15
420c
.
—
75c
of
1
Extra
Sierra
2- 2
(quar.)___
(quar.)_____________
2-
(quar,)
Silverwood
2c
(quar.)
13%c
425c
B
Common
1-31
of
(quar.)
12-31
1
Corp. of America (quar.)
Sheraton. Inc. (quar.)
Sherwin-Williams Co. of Canada, Ltd.—
1-31
2-16
$1.25
12-31
2
Sheraton
1-31
.
'
2
3-
Extra
1-15
2- 2
2-10
2-
:
(stock
2-25
85c
Winnipeg Brewery, Ltd.. class
Class
2
75c
(s-a)
(increased)
Co
Co.
1-20
2-
(Laura)
Shea's
1-30
2
2-
1
15c
Sharp & Dohme, $3.50 pfd. A (quar.)—
Shawinigan Water & Power, com. (quar.)
3-15
35c
2
2-15
2-
440c
share per share in lieu of cash
a
3-19
3-19
2-
4S1.75
Extra
1-15
2-15
25c
Co.
(quar.)
Security Bank Note new com. (initial quar.)
New preferred
(initial) _________________
Seiberling Rubber Cq. of Canada, Ltd._-a_-_
1-31
2- 2
$1.12'A
r—________
Gamble
com.
Candy Shops (quar.i
Securities Acceptance
Corp. (Omaha) (initial)
1-21
2-15
1
(quar.)
Electric
l/40th of
Secord
1-23
2-
,
I
common
Dillon
Seattle Gas Co.
2-25
1
4-
(quar.)
Maruiacturing, $3.65 pfd.
Scranton
1-28
3-12
.4-
31'Ac
com.
Co.
preferred
2- 2
$1.12'A
approval
Mills, Ltd.
(quar.)
Scott Paper Co., common
$3.40 preferred (.quar.)
2- 2
4-
2-15
415c
.
50c
preferred
2-24
.
5c
com.
One additional share of
common
par) for each share held._:
-
2-
50c
___,
■
2-
2-14
^
80c
(Del.)
preferred
•
2-
65c
convertible
Corp.,
pfd.
to
Telephone Co.,
Service
Puget
8_14
25c
Y.)
com.
2-
2-2
3-1.9
25c
Seaboard Container
Corp,, class A (quar.)__
5'AA preferred (quar.)
_________________
_____________
Public Service Electric & Gas—
$5 preferred
(quar;)
7A preferred (quar.)__
2-15
6-
.
50c
(N.
3
3.
(increased)
Mfg. Co. (quar.)
National Pressure Ccoker
.
3.
3-8
1
(quar.)___
Scythes & Co., Ltd., common
5A preferred (quar.)
pfd. (quar.)____'
(Calif.)—
(subject
1-15
$1.75
_____
Battery
2
2-20
1-12
2-18
4-
jl5c
United
.
(quar.)
5A preferred (quar.)
National Mallinson
Fabric (quar.)
.•
2-
lc
$1.75
Co.
held
8A
2
1-12
1-1
1
$1.25
1-15
^quar.)__^_L_b;J_:^bi--',"
6A
1-9
1
Straus-Duparquet
Co.
7A
2-
2-1
2
3-10
75c
Light, 5 A
:
2- 2
(quar.)
6%
2-16
2-
1-15
2
(quar.)
Corp., 55c conv. pi'd. (quar.)
Co., Ltd., class A (quar.)
Class B (quar.)
Schenley Distillers Corp.
Schwitzer-Cummins, 5 V2 A pfd. A (quar.)__
5'AA preferred A (quar.)
5V2A
preferred A
<quar.)___
1-14
2
2-2
$1.25
(quar.)
Scarfe &
Jersey—
$5
Development
(quar!)
National Linen Service
i
2-13
75c
Quarterly
Quarterly
Quarterly
National Lead, 6 A preferred B
(quar.)_____
National Liberty Ins. Co. of
America (s-a)
4'AA
1-12
2-13
3-15
56'Ac
preferred (quar.)
National Distillers Products
(quar.)
National Electric
Welding (quar.)
Extra
1
3-15
2-10
50c
Colorado, com. (quar.)
4'A A preferred
(quar.)
Public Service Co.; of
New. Hampshire—3.35A preferred (quar.)
Public Service Corp of New
1-15
Ji3c
Manufacturing Corp.—
Nation-Wide Securities
National Acme Co
National
2-
2
Public
Samson
2-
50c
Flour
Paper
1-26
3-
Shops
preferred
1-20
2-16
2-
;
Regis
1-15
1
$1.25
2-16
(quar.)
1st
(quar.)
Provincial Transport, Ltd.
3-15
St.
1-26
$1
;_____
preferred
Proctor &
1-15
$1.50
(quar.)
Extra
National
4-
5
50c
$4 preferred
(quar.)_____________________
Potomac Edison, 3.60A
-1-15
2-
W>',-
Munising Paper Co., 5 A 1st pfd.
(quar.)
Muskegon Motor Specialties Co.—
$2 class A (quar.)
Narragansett Electric. 4'AA pfd.
Nathan
2
2-2
.
'
1-31
2-
7A
,
2
1-26
2-
13c
1-15
(quar.)
Corp. tquar.)_
Pillsbury Mills, Inc.,
1-15
2-
475c
$7 preferred (quar.)
$7 preferred
(quar.)_
$7 preferred (quar.)_
.
2
2-15
$44c
(quar.)
Mullins
2-
$1.20
Inc.—
preference
(quar.)
of America—
Morrison-Knudson, 5%
9-20
$1.10
_
(quar.)
Investors Service,
Morris
6-20
2
$1.50
(quar.)
preferred
Moody's
S3
participating
2
$1
(quar.)
common
Ltd..
710-
12-16
$3c
Philip Morris & Co., Ltd., Inc.—
3.60A preferred (quar.)
4A
preferred (quar.)
Phillips Petroleum Co. (quar.)
3-20
$1.62'/a
$6
pfd
Mitchell
(J. S.)
Co.. Ltd. (quar.)__
Monongahela Power Co., 4.40'A
pfd. (quar.)
4.80A preferred B (quar.)_
2
25c
.___
Mississippi Power
4-
25c
(quar.)_
$1 prior preferred
(quar.)
Mine Hill &
Schuylkill Haven RR. Co. (s-a)_
Mmncapolis-Moline Power Implement—
$6 preferred (accum.)—
12-23
'
1-22
1-15
30c
(quar.)
Lawrence
2-
JlOc
3-1
—
Philadelphia Electric Co.—
4.40A preferred (quar.)____
3.8A preferred (quar.)_______
Philadelphia Insulated Wire (s-a)
1-14
9-20
$$1.75
preferred (quar.)_
Co. (irreg.)
6A
(quar.)
(quar.)
(quar.)
Paper Co., Ltd.
Saco-Lowell
St.
6-20
25c
Pennsylvania Power Co., 4.25A pfd. (quar.)
Peoples Rational Bank (Brooklyn, N.
Y.) —
1-15
3-20
40c
$3 preferred
(quar.)
Penmans Ltd. com.
(quar.)
6% preferred (quar.)
1-26
425c
1
7-1
75c
preferred
Mills
•Extra
2-26
(quar.)
4-
10-1
■■■
t25c
Semi-annual
(quar.)
6-20
1-22
$1.25
Power
Rose's 5-10-25C Stores
12-16
20c
Mfg,
Electric.
Lighting
Peninsular
1-16
2-
2-
___________
prior preferred
prior preferred
Montreal
1-13
25c
&
(quar.)
2-2
_
___
1-20
$1.75
approval)
Montana
2
2-1
•
20c
.
1-28
1
1-30
2-2
75c
f$l
Consolidated Mines (Utah)
(initial)
Park & Tilford, Inc.
(quar.)
Parker (S. C.) &
Co., 40c preferred (quar.)
Peabody Coal Co., common
5% prior, preferred
6 A pfd.
(This payment clears arrears)
Peller Brewing, 5'AA
pfd. (accum.)____:
Peninsular Grinding Wheel
1-15
7-
1
2-16
5c
pfd.
common
prior preference
1
2-
15c
22'Ac
preferred
share
1-15
5A
3-
93%c
Mills, Ltd.
&
Co.,
A
Rolland
3-20
12-23
2-16
(quar.j
$1,12'A
(interim)
stockholders).
1-22
•
(quar.)__
com.
A
$5
preferred
5A
1
3-23
50c
Park City
1-31
425c
(quar.)
2-20
283AC
(qu&,r.)_
Paraffine Companies, Inc.
(stock dividend) —
Two additional shares of
common for each
1-20
One share of Central Illinois
Public Service
Co. ($10 par) common lor
each two shares
held. (Subject to SEC
Common
Common
3
$1.75
—
Miller & Hart,
pfd.
Glass
&
1st
1st
1-31
2-1
Service,
Pacific Public Service
$1.30 1st preferred^
1-20
$1
Merritt-Chapman & Scott (s-ai
Metropolitan Storage Warehouse Co.
(quar.)
Meyercord Co. (quar.)_
Michigan Bakeries,
common
;
$1 priqr preferred (quar.)
$7 preferred
(quar.)
Michigan Gas & Electric, 4.40A pfd.
(quar.)
IMiddle West Corp. (stock dividend)—
.
2-
3-1
2-14
2-1
1
25c
B—
Marine
Pacific Power &
3
45c
(quar.)
Merchants & Manufacturers Insurance
2-
1
3-
.4- 1
2-19
(quar.)_______
preferred
60c
Corp., 5% pl'd. (quar.)
convertible preferred (quar.j_
Pacific
2- 3
3-
37'Ac
Melville Shoe Corp., common
(quar.)__
4% preferred (quar.)
A
Mercantile Stores, 7% preferred
5A
1-15
$1.06'A
class
Gas
5 A %
1-15
2-
1-19
$3.50
Finance
Pacific
12-31
$1.50
Co.,
4'AA
2
2-
2
25c
(quar.)
Filters, class
Illinois
Pacific
1-20
,
& Pacific Grain
Corp.
Midwest Rubber
Reclaiming Co.
(quar.)
(s-al—
Natural
Outboard
3-20
2-
2-
25c
Public
Pacific
1-31
4-
30c
&
$1
Engineering Co.
Owens
2-25
$1..25
Light
75c
par)
4.6%
Oswego Falls Corp,, 4'AA
1-20
25c
preferred (quar.)
$2 2nd preferred (quar.)
Meadville Telephone Co.
(quar.)__
Midland
($25
Co., 7%
gld.
Insurance (quar.)
Liberties Gas (s-a)
United
•Osgood
2-13
______________
,
(increased)
Casualty Insurance (s-a)
Oliver
1-2
2-27
(quar.)
common
Ltd.
1-15
25c
4Vt'J'o
Mills,
2
Rockland
Rockwood
3-
3-15
50c
Extra
Gas, common—
4% A preferred A (quar.)
Okonite Company (quar.)
1-15
2-
1-19
1-19
,
1-26
40c
(quar.)_
iquar.)_
Gas_
Co.
Cotton
2
—
preferred
Cement
2-
1
1-10
25c
(N. Y.)
Corp
Tacony-Palmyra Bridge—
5 A
preferred (quar.)
—-—
.
1-26
Works
common
2- 2
3-10
River
Oklahoma
1-15
2-1
$1.06'A
Maytag Co., $3 preferred (quar.)
$6 1st preferred
(quar.)
Mercury
'Extra
1
25c
& Insurance
(s-a)
RR,
O'Brien Gold Mines
.Ohio
:
5
2-
450'Ac
_____________
(quar.);
Bancorporation (Seattle)
Massawippi Valley RR.
2-
2-13
50c
______
>
1-30
2-16
2-25
75c
preferred
Corporation,,
2-14
'
$10o
___
:
Massachusetts Bonding
,
1-30
2
$15c
(quar.)
Mead
2-14
30c
Mallory (P. R.) & Co. (quar.)
Marathon Corp.,
common
5A
2-
15c
Macy (R. H.) & Co., 4'A% pfd. A (quar.)__
Madison Square Garden Corp. <auar.t
Madsen Red Lake Gold Mines. Ltd.
(interim)
Marine
1-30
2-14
10c
Co.
McGraw Electric Co.
Mclntyre
3-12
Rio
Riverside
4-
Northwestern Utilities, Ltd.—
4%
preferred (quar.)
Noyes (Chas. F.) Co., 6A preferred
(quar.)
Nutrine
Candy Co
Ogilvie Flour Mills, Ltd.. common
(quar.)
7% preferred (quar.)
1
88c
(intcrim)____A_________
Corp.
2-
1-15
1-16
50c
4'AA preferred (quar.)
1-31
2-15
50c
Co.,
Western
Northern
1-16
37'Ac
•__
Grain
Class B
(quar.)
(quar.)
(quar.)
Lynch Corp.
*
Mackintosh-Hemphill
McCabe
RR.
& Sons
North
6
2-16
2
50c
2
2-16
2-16
15c
Cedar
preferred
Grande Valley
2
(quar.)
2-
4-15
1-15'
45c
;
Insurance Co.
Inc.,
5A
1-15
1
$1.12'A
common
Extra
Rich's,
2-
com.
(quar.)
$1.31%
(quar.)
(quar.)
2-
$1
(quar.)__
2-2-48
45c
Manufacturing Co.,
Richmond
Corp.—
Northern Pacific Ry.
Northwest Airlines, Inc.,
Northwest
$2.50-
-
1-20
(quar.)
Consolidated
2-1
$4
preferred
Oil
2-
Louisville Henderson & St. Louis
Ry.—
2
; 20c
2-
1
2-
pfd.
Tobacco Co., com.
(quar.)
preferred (quar.)
Rice-Stix Dry Goods
1-22
A
prior preferred.-
2-23
2
2
20c
2-28
2-
2-
B
15c
(increased)
4'AA
2-14
40c
(R. J.)
Common
Rheem
2-13
1
20c
3-10
2-
1
3-
20c
North Carolina RR.
$3.50
3-
Reynolds
$10
preferred
North American
$1.50
__
1-16
Petroleum
"
Copper & Brass 5«A%
$3.75
Extra
(quar.)
2
87'Ac
2-14
8
2"
50c
87'Ac
2-23
3-
1-22
preferred
2-14
RR,—
.__
2
87'Ac
1
25c
River
guaranteed (s-a)
Louisiana Power & Light $6
1-31
1-9
2-
preferred
10c
7%
2-15
2-2
preferred
15c
(quar.)
4-15
3-10
Revere
$1.25
Corp.,
20c
A
Co.
1
3-20
Republic
6
933Ac
(quar.)
arrears)
preferred
$1.10
Inc. (quar.)
Theatres <quar.(__
5-
25c
2-14
2-
Robinson
Finance
3-10
3-
15c
I'i'o
7A
Adjustment
Groceterias,
5%
Car
American
50c
—
(quar.)
2-15
97'Ac
pfd.
(accum.)
Co., 4A pfd.
Norfolk &
87'Ac
(quar.)___—
v 2-21
Power—
convertible
180c
RR.—
Special guaranteed
Original capital
&
3%A
18O0 prior preferred..
80c prior
preferred.
2- 2
.
B
3JAA
preferred
80c prior
1-19
3-
2-2-48
preferred
7 A
,,
1-19
2
25c
(quar.)
2
2-
.
Co,,
Chemical
North
2-10
2-
75c
_____—.
3-' 1
50c
87'/2C
_____
J.)
Hudson
American
$2
1-15
1-23
37'/2C
(quar.)
v
(quar.)
5 A
2-16
15c
6A
2
15c
(clears
2-18
tJ.
2nd
5-
2-
50c
(quar.)_
.12- 4
2-
15c
2-16
(quar.)
Corp.—
2
Niagara
(quar.)
B
$1.75
Inc
Light
2-28
t$2
_______
Gas
Co.,
&
2-
50c
Liggett & Myers Tobacco (quar.)_
Lincoln Printing Co., common
(irreg.)
Common
Newberry
1-31
Power
preferred
2
96'Ac
(quar.)
;<■?
__—
(s-a)—_—
2-
$1
...
Boston
Merchandise
York
(quar.)
A
preferred
Richmond
2-14
31'Ac
(James) & Sons, 3.857c pfd. (quar.)..
Legar Co., Ltd., 67c preferred (accum.)
Lehigh Portland Cement (quar.)
Louisiana
N.
2-11
50c
Lees
Star
1-24
2-28
A
preferred
6A
60c
(increased)
York Fire Insurance
Y.
2-10
preferred
56(Ac
Bryant, Inc., 4'/b% pfd. (quar.)
Monotype Machine Co. (quar.)——
Mfg. Co., 5 A pfd. (quar.).
Tourncau (R. G.), Inc., $4
pfd. (quar.).
Loew's
New
llr-1
preferred
6 A
Company—
non-cum.
$8c
Plant-Choate
Lone
$5
50c
Lane
•
New York Dock
b%
1-31
7-31
$1.75
New York Air Brake—______
3.90%
Lanston
Liquid -Carbonic Corp., common
3'A A preferred (quar.)
(irreg.)
1-31
2-16
8-16
75c
(quar.)
1-15
35c
—-
preferred (quar.).:
Link-Belt
Co.
(quar.)
Mills
Holder*
Payable of Rec.
Inc.—
50c
(s-a)—__—
preferred
When
Share
Fund,
25c
—
Insurance
7 A
4-15
1
10c
$3.50
Fire
Co.,
Company
Investors
25c
quar.)
(quar.)
5-
;8- 2
$1.75
-
4'AA' pfd.
$2.40
2-16
Republic
$1.25
Co._________
2- 2
$1.75
Laclede-Christy Clay Products (quar.)_—._
Lafayette
National
Bank
of
Brooklyn
in
N. Y.
(s-a)
Lamaque Gold Mines, Ltd. (interim)
Loblaw
Cotton
Per
Name of
1-31
47
$1.25
—
(increased
Co., common
preferred (quar.)
2-16
25c
—
Fibre
(587)
Holier*
Payable of Reo.
75c
____.
Meter
1
$1.75
Miami
Neptune
1
$1.75
Little
Naumkeag Steam
1
A 2nd preferred (quar.i
2nd preferred (quay.)*—
7% 2nd preferred (quar.)_____
L'Aiglon Apparel (quar.)____
Lerner Stores Corp.,
1-12
2-20
3-
7
Mines, Ltd.
2
2-
7-
7 A
Gold
Vulcanized
4-
____
.6A 1st preferred (quar.)
,1% 2nd preferred (quar.)_„—.
Leitch
National
l-Jl
$1.50
(quar.)
Lee Rubber & Tire
(s-a)
$1.50
(quar.)
1st preferred
Le
(s-a)
(quar.)_____—60c
common
6A
La
preferred
preferred
3-11
,v.
50c
6%
.
2-20,;;
common—
_______
5 A
When
Share
Type Co.,
_____
5 A
Works,
(S. S.)
Paper &
Extra
Kni*kbocker Fund—
interest
CHRONICLE
Per
Payable of Reo.
10c
Kirsch
beneficial
FINANCIAL
ffoldert
Kingsbury
Certificates of
&
>•
75c
$1.25
3
*,%
.....
W2"!®
2-
12-17
1
'
J,|iy
.'.
THE COMMERCIAL
(588)
48
preferred (quar.)
Textron, Inc., com. (stock
$6
(quar.)
—
R.)-...Co.__——_
Quarterly
Co.—.—
Toledo
Trane
Inc.
Trunz,
80c
208
(resumed)—
preference (irreg.) _
_J__.—-—
Salle Street Corp. (quar.).
Asbestos & Rubber (quar.)
___
2
Class
B
(quar.)—
1
60c cl.
Tool Corp.,
&
2-
United
(quar.)
Illuminating
United
Light
'
7%
prior
Quarterly
Quarterly
Quarterly
U.
S.
(quar.)
preferred
preferred
4(/2%
Preferred
$6
6-23
9-16
1
2-16
2-20
steel-producing subsidiaries.
4-
1
2-
other
3-20
As
1
1-10
under
3-15
2-19
those
5c
2-
___—
2-
Ltd.,
ZeJltrs,
(quar.)—:
common
1
1-14
1
1-14
2-
1
1-15
2-
(quar.)_
1
1-15
*31 y4 c
._
Extra
1-23
6-
1
E%
2-27
6%
5
1-30
xLess
1-30
•Transfer
4-
1
3-20
4-
2
3-10
(quar.)
(quar.)
*31»/.c
-
2-
1
2-
1
1-15
net
2-16
1-31
2-16
Less
1
2-
9
1
2-13
2-
1
1-15
2-28
1-31
2-28
1-31
1
2-
1-13
1
3-12
2
1-15
in
1
2-16
2
1-15
Dec.
3-
1
2-16
formed
to
166,
——
2
1-15
1
2-
1
1947,
3,
carry
on
p.
2-18
Total
New
4(4%
Products
Universal
quar.)_.
(initial
common
6-20
9-20
8-31*
12-20
11-30*
1-21
2
1
165,
1 to holders of record Feb.
March 15, last year..
551 Fifth Avenue, New York,
1-30
2-10
2-
on
Co
is at
Peninsula Power Co.— YYYYiY''.
preferred (quar.)
:
Walton Co
Utility Appliance Corp.—
:
Valley Mould & Iron, common...
$3.50 prior preference (quar.)
'
Van
Co._
Norman
Raalte
Van
New
Corp.—Plans Stock Split—
2-
2
3-12
division, has been elected a
services
sold—
1
2-20
Ry.
1
3-10
3-
expenses
oper.
from
rev.
to
income
Federal
5,150,000
taxes
2,532,693
3-
1
2-11
Other
2-
2
1-15
Equipment and joint fa¬
cility rents (net)
2-20
25c
2-
5
taxes
-Calendar Years—
1946.:
1947
;
YY
•
$ Y
.
1,496,064,326
247,700,097
903,542,687
704,461,i8I
bought— 259,617,808
842,2.i(),484
589,606,301
87,726,703
68,739,174
-
22,425,749
cost—
included herein
for
in. prior
6,700,000
years
less
tax
Cr2,542,248
other
costs
2,507,729
on
debt
local
Estimated Fed.
taxes
Y
45,250,616 -Y
37.070,774
inc.—
19,700.000
91.000,000
32,000,000
29,397,811
126,704.272
88,622.473
$2.65
$11.66
$7.29
Y 25,219,677
25,219,677
45.692:073
34.813,008
55,792,522
28',589,790
011
for com.
stock_
declared—
Preferred
,
.
—V.
1
6,304,920
_______
Y 10.879,065
Reinvested
167,
in
4.777,133
11,877,547
—
Dividends
•
taxes-
misc.
and
Crb4,2i%iU
Cr2,542,248
612,261
1
and
26,300,000
.
pro¬
income
Fed.
long-term
State,
■"
current
cover
Interest
1947—12 Mos.—1946
$
$
business—______
12,213,826
293.
p.
14,410.230
12,228,795
~
*
—
'
(& Sub.)—Earnings—
.
74,585,795
737,952
1,157,395
Utah Power & Light Co.
Y
...
.
6,172,046 109,599,081
950,000
30,449,590
1,966,041
27,982,030
13,147,813
op.
ry.
INCOME
OF
-I
Y_-
original cost
011
costs
associated
29,872,023 410,053,705 361,395,534
23,699,977 300,454,624 286,809,739
40,540,730
27,392,917
revenues.—
oper.
Net
266,83§
2,122,716,243
facilities— v YY;
vided
2-20
3-20
1946
.
'
social security
services
Income per sh.
$
$
«Ry
.
595,489,025
pensions^
adjustments
the company's alloys
director—V. 166, p. 2317.
1947—Month—1946
Period End. Dec. 31—
1-15
286,316.
accounts between the companies)
1
1
Year
1947
287,401
STATEMENT
—
Leased Lines)—Earnings—
(&
RR.
(Excluding offsetting
1-23
3-
Pacific
Union
3-
-50c
50c
dividend)
(quar.)
class A (initial)
cash
(initial
Stores,
Dare
2-27
comparison
a
Year
___$244,910.048 $890,113,376 $694,258,238
Income
Director
a
•
Inc.—
Co.,
common
Vertientes-Camaguey Sugar
Virginia
2-16
2-
25c
_—
1-12
1
3-12
$1.31(4
15c
7V2C
$1
$1.37%!
%
Upson
2
and
1947,
4th Quar.
Common
:
Upper
and
and
Added
Priestly, Vice-President in charge of
J.
and metals
3-
of
quarter
■■
■
1947
Products-and
Based
stockholders at the annual
William
2-
40c
_____
'
Y.Y'i:Y^(,:'%%•(
Y taxes
Y
984.
p.
Vice-President Elected
3
1-23
fourth
1946, lollow:
-.
Wear and exhaustion of
2-16
2-16
and
the
payroll———
Wages, salaries,
meeting to be held on April 20, 1948,
will
vote
on
a
proposal to change and split the shares of capital
stock of the corporation on the basis of three shares for one.
There
are
at present 9,479,788 shares of capital stock without par value
outstanding,
which if the
proposed split is adopted, will become
28,439,364.
5-31*
to
$
the out-,
dividend of $1 per share on
a
Secretary,
Walton,
G.
Y.—V.
The
2-28*
of fixed assets during the fouttft quar-'
and for the year 1947, $206,j
amount necessary* to complete all
improvements of facilities was approxi¬
Period-
payable March
distribution was made
similar
A
declared
preferred stock,
standing
3-20
25c
$1.06(4
—_
.
(quar.)
pfd.
-
$548,857,-
were
the
4th Quar.
Universal Leaf Tobacco Co.—„
Universal Pictures,
''
'
$70,000,000
CONSOLIDATED
Dividend—
Seventh Unit Inc.—Preferred
have
directors
The
1-15*
1
" Y
corporation and its subsidiaries at Dec. 31,
1947;
for
1947 and
Costs
N.
2-
additidns
.(Y-
Products
Tudor City
2-
the
'
'
.
,
.
100.7% of fated
of rated capacity for the
averaged
1947
corporation, known as National Pumps, . Inc., waS
the business of its predecessor company. See V.
new
a
1-15
3-
strikes.
castings
and
Average number of employees——
2-16
2-16
of
Dec..31,
statistics
the years
of
2565.
2-
3-
2
coal
and
ingots
a
3-
2-
beeh
respect to
followed( with
previously
$350,000,000.
Labor
purchase
2-
1
steel
steel
apprbxhnated
authorized
by this company of National Pumps Corp. was dis¬
joint announcement by G. F. Mattman, National Pumps
President,
and C. C. Oberly, Chairman of the Tokheim company.
Simultaneously
with
the
transfer of assets to Tokheim, effective
The
closed
2
of
Oh
mately
Co.—Acquisition—
& Pump
Tokheim Oil Tank
2-
3-
at Jan. 1, 1947.
inventories as at
and
as
principle,
peacetime record.
This compares with shipments
for " the year 1946, when shipments were inter¬
serious
Y'Y..
4-
2-
such
are
tons
net
by
1947
000,000.
(Continued from page 12)
1-13
1
2-
with
new
a
15,181,719
ter'of
Investment News
1-15
2-14
.items
inventory
of
been
A4d,itiphs* to and betterments
and M§
General Corporation
1-10
3-
other
has
1947, after deducting the curient dividend declarations,
804, compared with $629,078,938 at Dec. 31, 1946.
1-31
a
to
deter¬
of
of inventories'of
extended to certain
classifications
major
This method
extension
Net current assets
tax
1-31
.i 2-16
to
•
.
method
first-out
last-in,
capacity for the fourth quarter and 96.7%
year-1947.
YV :•'/'•! v
: '..•.^Y' ' ■'
Canadian non-residents' tax.
deductible at the source. Non¬
in U. S. Funds, less 15%
in Canadian funds, tax
15%; resident tax 7%.
British income tax..
Y ;
tPayable
tPayable
resident
war,
approximately $10,000,600 less,
1947 is $6,000,000 less, than they would have
the year
Production
closed
not
the
1947, affected thereby
tons—also
of
income tax.
for this dividend.
Jamaica
books
<:
1942
the
average
cost method
particular inventories.
Y
fered
30%
of
Shipments of steel products in the fourth quarter of 1947 amounted
5,359,763 net tons.
This tonnage constitutes an all-time record of
shipments for any fourth quarter in the history of United States Steel.
Shipments of steel products for the year 1947 amounted to 20,800,430
1-15
*37V2c
_
:
and
this
of
out
Wising
ebsts
to
1-30
preferred
preferred
and
applied-
was
result
.
1941
subsidiaries
31,
additional
$25,419,177.
was
in
costs
a
$1
50c
Co
2-
2-16
75c
15c
56(4c
$1.50
10c
12V2C
:
(quar.)
1
Extra
70c
70c
70c
—~
—
3-
War
(quar.)_—
United Util. & Specialty Corp., com. (quar.)
Stores,
mining
income for
Stephen
(accum.)
Spring & Bumper, common (quar.)—
United
1-20
7-20
i,.,1
pfd.
6%
2
7-31
11.
——-——
Corp.,
25c
2-
37'/2c
Gas
County
Youngstown Sheet & Tube__.
Yuba Consolidated Gold Fields
3-23
2-16
50c
—
Radiator
S.
2-27
3-10*
8
the
,'2-27
3-15
(monthly)
Co.
Jr.
(quar.)
Union Carbide & Carbon
—
1947,
2-27
3-15
31,
declaration of divi¬
1947, before
the
3-20
Beginning
jfcarnirigs Report
before
years,
cover-
50c
1-31
70c
_—
during
estimated
war
to
$1.12%
Dec.
2-
$1.06(4
quar.)
(increased
depleted
Dec.
1947,
Income for the year
reported as $126,704,272.
$2,542,248 was used in the fourth
higher costs of rfeiilacing inventories
war,'- The balance remaining in. this reserve at
the
1947
$1.12 y2
_
1-24
8
for
reserve
of
quarter
$29,397,811.
as
dividends, is
during
4-20
3-10
*30°
15c
of
/
of
1
S.
Common
the
provided
4-30
merly Empire Steel Corp.).
Pipe & Foundry Co.—
U.
2-10
37'/2c
6-15
53c
53c
50c
50c
$1.75
.
preferred (monthly)—.
6%
prior preferred (monthly)
6% prior preferred (monthly)
U. S. Air Conditioning, $7 pfd. A (quar.).—
U. S.
Hoffman Machinery Corp.—•
.j---'/:;'4(4%, participating preferred (quar.)
_
U. S. Industrial Chemicals, Inc...——;———
U. S. Liquidating (correction)—
The
announcement appearing under this
.name
in
last Monday's issue
was
intended for the E. S. Liquidating
(for¬
6.36%
(Wm.)
2-16
58Vic
58Vic
prior preferred (monthly)
7% prior preferred (monthly)
6.36% prior preferred (monthly)
Of
;
2-10
1
w',Y'.:; 25c
3-
10c
—
55c
YVY.-./' ;'yYY'Yy.'
Co.—.
Railways Co—
&
declaration
2
9-30
87Vic
*38c
*25c
(quar.)
A
B
1
3-
sj.—__—_—
________
6-15
7-
35c
$1.25
—-
Drill
Class
3-
fourth
the
2-18
50c
____________
3-15
York
8IV2C
—
Extra
United
(quar.)
prior
Wrigley
1-23
4-
$1.12J/2
92Vic
(quar.)
(quar.)
__
——
$3.50 preferred (quar.)
a
Union Oil Co. of California, common....—
United Aircraft Corp., 5%
preferred (quar.)
United Cigar-Whelan Stores Corp.—
$3.50 convertible preferred (quar.)
United Corporations, Ltd., Class A (quar.)—
$3.70
3-, 5
25c
2-14
.
•*
3-20
62y2c
17J/2c
preferred
preferred
$4.50
U.
4(4%
Electric Co. of Missouri—
Union
1
2-15
$1
10c
20c
;
South La
Union
3-
31»/4C
for
dends,, is. reported
25c
1-31
2-16
30c
(increased)
Tung-Sol Lamp Works, common
Co.
preferred (quar.)
convertible prior preferred
4 V'2 %
6-25
$1.75
Association (s-a)—
Truax-Traer
2-28
25c
25c
Common
8
1-31
4-
50c
(quar.)
Company
& Greenbush RR.
Coal
Co.
Troy
(quar.)
preferred
4V<%
Edison,
(F. W.)
United States Steel Corp.—Quarterly
Income
2-14
Worthington Pump & Machinery Corp.—
1-17
3-
2-
25c
25c
25c
$1.06(4
—
Quarterly
Quarterly
1
1
2-15
& Construction Co.—
Tishman Realty
Holder1
Payable of Ree.
50fc
Woolworth
2-15
15c
50c
(quar.)
Co.
Power
Timken Detroit Axle
34-
____
_____
Water
Tide
1-10
31 Vic
15c
60c
62(/2c
50c
50c
15c
—
Quarterly
(John
2- 2
One
(quar.)
Thatcher Glass Mfg., common
(quar.)
$2.40 convertible
preference (quar.)
Thermoid Co., $2.50 conv. pfd. (quar.)
Thompson
Share
,
quarter
convertible preferred
Thomaston Mills
2- 2
12- 4
1-10
$1.50
dividend).
*
Industries, Inc., common (quar.)_.i
5%
convertible preferred (quar.)__
:Y
Woodward Governor Co. (quar.)
$1.75
—___
".■/
.
Woodall
1-30
2
t 2-
*5c
Dorset Fabrics for each share held
share of
$1.25
3- 1
15c
Taggart Corp.
—
Teck-Hughes Gold Mines Ltd. (interim) ....
Texas Power & Light Co., 7%
pfd. (quar,)__
Name o1 Company
Payable of Ree.
Share
WhlBh
m
Holier %
WUten
Per
[
'
Company
Name ot
•«*•
•>"
Monday, February 2, 1948
CHRONICLE :
FINANCIAL
&
:-J:
*\ .,y ',1
12,269,366
23,134,282
■i Period End.
Total
oper.
Oper.
rev.
Net
Nov. 30—
Other
1,122,523
946,750
12,1C0,724
9,637,996
$353,741
$388,652
$4,498,821
$5,057,878
30,774
64,341
revenues..
income
Gross
$1,335,402 $16,659,545 $14,695,874
$1,476,264
revenues.—
deducts.
oper.
1947—12 Mos.—1946
1947—Mcnth—1946
>
(net)—1_
3,561
2,973
$357,302
income—i—„_
$391,630
$4,529,595 " $5,122,219"
deductions—.
92,566
.114,379
1,639,391
'2,561,532
incomeY_—_—__
$264,736
$277,251
$2,890,204
$2,560,687
Income
✓
Virginian Railway—
6%
6%
preferred
Walker
Quarterly
Petroleum Corp..
preferred
33/4 %
common
preferred (quar.)
preferred
(quar.)
Wellington Mills, Inc. (irreg.)—_
Wellman
■
i
Engineering Co.
(quar.)
i
;
Fire Insuiance
Westchester
■
Extra
(quar.)
(quar.)
——
Ohio
West
Co.
Gas
preferred
preferred
(quar.)
Point
West
Virginia Coal & Coke
West
Virginia Pulp
4(4%
Mfg. Co.
Western Condensing
One
each
for
Co.
(stock dividend)
class
shares
50
pfd. (quar.)
Western Pacific RR.,
preferred A
Western
5%
Tablet &
preferred
(•Released
2-14
2-
2
1-15
Dividends
3-
3-25
3-12
2-16
1-19
2-16
1-19
2
1-16
2-
3-10
2-25
2-16
2-
1-20
4- 1
3-18
The
3-10
2-20
shares
2- 2
1-
agara
1-15
2-
2
$5 preferred
4
Will
&
9
Special
preferred
Line,
Wisconsin
until
1-21
5%
at
stockholders
into
2- 1
2-15
1-20
2-
1
Electric
'
$1.25
——
(£-a)
common——;
.
5% pfd.
Wood, Alexander & James, Ltd.—
7% 1st preferred (accum.)
167,
p.
common
Commissioners
is. approved by
2- 1
1-21
(quar.)—
2-16
3-1
4- 1
2-9
1-30
3-15
$2.50
2-15
A
2-10
25c
$1
$1.06(4
Co.—50-Cent Class A Div.—
declared a dividend of 50 cents per share
payable March 15 to holders of record Feb. 13.
like amount was paid on Jan. 30; this year.
; ;
.
In 1947 the class A stock received the following payments: March
On
Jan.
28, the directors
the
class
50
on
A
stock,
cents;
2- 2
25c
$1.50
90c
$1.25
2-iO
3-1
4-30
3- 1
2- 2
2-3
4-15
2-16
1-15
15,
On
50
Jan.
U.
S.
Oil
&
Valcar
Ori
2- 1
1-15
With
.
the SEC
25 cents
Proceeds' will be used to pay loans
Jan. 16 filed a letter of notification with
800,000 shares of 6% preferred (10c par) to be offered at
The
both
of
company
on
without underwriting.
165, p. 984.
Share
and
develop holdings.—V.
bonds
mortgage
new
registration statement
indications are that bids
issues
will
Enterprises, Inc.,
a
be
used
week
for
9
of
Carras,
letter
a
notification
of
capital stock,
shares
508
San
in
Pro-,
March.
expansion
property
of which
Frank
by
Y.YYfiled
was
with
$24 shares are
Short,
G.
500
E. Haven, at $19 each.
Talbot. Sah Francisco,
■
Y
Vanadium
stock,
common
first
the
be
.
'
*
2,192
for
SEC
sold by George
Louis Janin
by
Underwriteiy Hanna-
Corp. of America—Resumes Dividend—.■',*•
have declared
directors
the
to
shares
and 560 shares by, Harold
and
With
Francisco—Filing
Y:-Y '.v ,/Y-',
•
Jan.
shares
Feb.
payable
payment
since
dividend
a
13' to
July
paid.—V. 166, p. 164.
25 cents per share on
of
holders
1945,
12,
of
when
record
a
dividend
;
"
the
is
This
5.
Feb.
similar
was
'
Victor Chemical Works—To Consolidate Pref. Issues—
the
stockholders
will
vote
March
company's charter, to change
cumulative
preferred
of
—V.
stock
of
issue
An
other
shares
40,000
40,000
166,
into
15
approving an amendment to
outstanding issues of 3,/2%".
on
the two
a
single
series.
marketed
was
shares in July,*1947, the
1622.
p.
Virginia
in
.
.
and an¬
terms of both being identical.1946,
January,
^
;
Electric
nancing—
the
public
mortgage
4
,
:
■
,
in
a
letter
a
bonds
and
to
'
stockholders
of
Fi¬
Co.—Proposed- New
v
to
issue
new
Power
&
-.,.'
YY'
Y-''
Y
Jan.
23,
:
•
offer
to
proposes
to
30-year first and refunding
common
Stockholders the right to
$10,000,000
offer
to
at the rate of one $100 debenture for each 25 shares, held,
$11,753,800 principal amount of 15-year debentures which wotild be
subscribe,
to
convertible
into
common
holders
vote
on
to
the
the
stock.
A
proposal
special
has
been
meeting of
called
for
preferred Stock-*
March 5.
•-
will be used to provide funds for
expansion,
both
completed
and- projected,
to
meet"The increasing,
dfcmahd
upon
the company's services.
The company's construction
expenditures for 1947 amounted to approximately $17,800,000,- while
the estimate for 1948 is $27,378,000 and for 1949 to 1951, -inclusive,Proceeds
about
.
per
$1.75
common
Development Corp., Denver—Files
SEC—
for
and Dec. 15, $1.50.
an' initial dividend of
stock.—V. 166, p. 1829.
June 16 arid Sept. 15, $1 each;
30,
1948, the company also paid
cents per share on the
$3,000,000
issue
Both issues will be sold through competi¬
is expected to file
the SEC
outstanding
from 28.5%
476.
United States Leather
,
10c
:
—
Wisconsin Public Service,
Niagara's
to
:;
y
early next month.
Present
will be opened around the last
sale
Company,
.
(quar.)—-.
Power,
this preference stock plan to the
of
effect. United Corp. holdings_ of presently:
shares of Niagara common stock will be reduced
14.1%.—V.
$2.i6
Y
are
The
-
into
2 818 397
to
j
SEC
issues
.
distribution
put
and
,
-
^
of the
28.
the
If
1-30
common—
preferred (quar.)_
3.60% preferred (quar.)—
Jan.
was
1-20
•
distribution
present its findings on
2- 1
—
1st preferred
■
the
on
$2.44
$0.22
SEC—
distribution of one share of Niagara common for 10
is another step by United in complying with an order
over 4'/2
years ago that United cease to be a holding
issued
$0.23
com¬
The company
from
The
SEC for an
Power Co.
of
expected to be sufficient to tide the company through its 1948
construction requirements.—V. 167, p. 476.
J;Y:
...."''"Y'YY"-'.' - YY
,
Niagara common is not expected
after United's plan for retirement of its preference stock is put
effect.
Present deadline for the Utilities Division of the SEC to
1-30
Co.—•
6%
/IV.
'
Candle———
$4.25
Wilson
r_
50c;
50c
12(/2c
Y
on
company.
1-21
and
Ni¬
/
.
proposed
SEC
the
2- 2
2- 2
2-14
Allow Distribution of
"
the
of United
the
ford
Hudson Stock—
corporation
1,422,289
$1,138,398
Financing—
both
ceeds
shares of
(quar.)—_
Baumer
Wilson & Company,
Y
476.
allowing
order
stock for each share held. (Sub¬
of
accrual of $1,845,000
P.
1,481,551
$1,408,653
stock——_;
bidding.
with
30,230,014
13.599
Jan, 23 filed application with the
distribution of its Niagara Hudson
holdings, amounting to 1,452,949 shares of common stock.
2
2-
The
Action
Sewing Machine Corp.—
prior pref. (quar.)
$4 conv. pref. (accum.)
White's Auto Stores (quar.)____
Whitman (Wm.)
Co. (Mass.)—
approval
52,013,745
23.399
stock
stock
common
common
355,572
$78,321
The company is preparing
and $5,000,000 of debentures.
service
167,
.50c
$2
to
for
on
mail
2- 2
2- 2
2-16
v 2-16
$1.37y2
$1
37'/2C
34,211.738
3.981,724
1-24
2
White
ject
55,995,469
3,981,724
for increase of 25% in compensation
retroactive to Feb. 19, 1947, authorized by Interstate
Commerce
Commission Dec. 4,
1947.
(To offset reduction in net
income resulting from refunds on shipments transported in prior years;
of
the
difference between
commercial rates and land grant rates.
Y/\>;
.
.
3,780,135
1,547,973
sh.
pef
Plans
tive
re¬
dispositionpreferred stock—
^Includes
for
93%c
Products Corp.—
meeting on Jan. 27.)
Wilbur-Suchard Chocolate
30,431,603
against
on
Balance
Percent
$1.25
preferred (quar.)__
Lake Erie Ry. Co.—
5(4% convertible preferred (quar.)
4% prior lien (quar.)
White (S. S.)
Dental Mfg. (quar.)_
common
12,320,139
54,447,496
5
3-20
—.—
additional
8,345,005
5,665,217
Earns,
for
25c
31 (4c
75c
$1.25
$3.75
Nine
1,395,365
United Corp.—Asks SEC to
Instrument—
dividend.
1,004,235
10,275,630
possible
U. S. Government shipments"
on
414,834
Dr$150,098
_„_4
Balance
42,751,742
"Reserve
from
for
Wheeling &
Stock
9,176t759
62,792,501
chgs._
all
fr.
Total
1
—V.
(quar.)—______________
Stationery Corp.
Westvaco Chlorine
9,078,052
7,060,582
sources
other
and
Net inc.
funds
3-
2-12
(quar.)___T_
common
3,661,195
2-2
(quar.)
Electric
Weston
1-20
2
Fixed
—
5%
5%
2-
_—
(accum.)
A
1-24
Ltd., com¬
held
4,234,069
1-24
Securities Co.—
Western Insurance
$2.50
7-19
2-10
2-
$1.12%
share of Golden State Co.,
mon
1
2-10
•
Dividends
6,621,631
mon
1-15
(irreg. Y
(quar.)
-
11,279,865
sources
income
Total
& Paper Co.—
preferred
26,953,352
16,957,218
investmts.
other
and
2
(irreg.)
West
36,757,231
881,334
.
(net)_____
from
2-
:—
'.
2,518,053
2,738,071
Net
2-16*
$1.50
(initial)—
4,307,725
and
oil
from
opers.
2-20
(quar.)
7%
1-15
1
$1.75
75c
35c
(quar.)
West Penn Electric/Co., common
6%
2
9
'
operat'rts
portation
Income
trans-
from
12y2c
30c
10c
17(4c
25c
_—
Wentworth Manufacturing Co.
inc.
Income
2-13
3-
2-
73c
37(/2c
$1.12 >/2
$1.06(4
$3
15c
$4.25
A.-
7-15
2-
20c
__
$4.50
Net
4-15
2
3-15
67y2c
new com.
Washington Gas Light Co.,
1
8-
J37'/2c
(quar.)„_—
(initial).
class B
Brothers Co.,
Warren
1-15
gas
—
_
Warren
2
5-
37(/2c
;
—
Gooderham & Worts, Ltd.—
(quar.)
(Hiram)
2-
37(40
37V2c
preferred (quar.)
preferred (quar.)
6%
from
$56,000,000..
financing
The
proposed
financing
is
the
meeting these needs.
Interest
and
It
is
rates
conversion
on
first
step
.
the
ratios,
securities, as well
wit) be detfciminert later
new
expected that the interest rate
on
as
oy
•
toward
,
,
,
redemption prices
inancev
coricLviowS...
the debentures will not exceed
Volume
3%%
and
167 Number 4669
that
,
the
approximately the
offering to not
conversion
market
of
price
price
within
be
that
a
from
range
stock
common
above
Common Dividends Placed
-
will
the
of
20%
than
more
r
THE COMMERCIAL
at
marks,
time
the
$275,463),
price.
payable,
The board
of directors at a meeting on Jan. 23 adopted as a
policy
payment of dividends on the common stock on a quarterly basis,
subject to available earnings, cash resources and other factors.
A
other
quarterly
—V.
dividend
of
167,
cents
30
payable June
share
per
the
on
stock
common
21, 1948, to holders of record
June
on
1,
872;
was
notes
(& Subs.)—Earnings—
52 Weeks Ended—
Dec. 27/47
Interest
Dec. 29/45
$3,215,682
1,549,000
debentures-,
on
The
1,915,400
1,957,000
2,300,000
343,165
346,234
Earns,
per
sh
com.
$3,642,733
$4.58'
$1,122,650
$1,300,282
$1.07
Nil
"Includes
Z
Federal
$1,220,400
$3.03
profits
excess
in year
1944.—V.
taxes
166,
to
in
$1,286,000
of
(non-current),
stated
capital
$4,865,750;
total,
ance
the
1945
year
of
$3,200,000;
the
each
amounted
the
for
present
$50
share
per
capital
surplus,
(authorized
$5,881,324;
The
new
directors
common
the
is
have
declared
stock,
dividend
a
March
payable
amount
same
of
to
record
of
Jan.
orders
increase
during the
20
each
cents
1947.—V.
year
made
were
167,
the
Feb. 16.
split of the
record
Government
yards
stock
old
(Incl.
Rai'way
outstanding
of
Co.—Weekly Output—
;
output
24,
put
electric
Works
this company
properties of
Electric
&
Co.,
(previously
the week
$33,300,000.
in
the
This
of
its
sub¬
included
-v
'
•
1
v.
$4,182,214
revenues.
•
for
;y'.
-f
fr.
rev.
All
'-•/ ■■
.....
Army uniforms. At
$42,000,000, according
2,793,078
2,919,399
32,442,136
34, 468,614
$1,383,136
($253,338
$9,962,918
1,764,935
$),932,071
140,679
111,001
i'"come
tax
accruals
(215,616
Cr536,636
60,912
(1,199,020
1,137,835
$941,705
$111,385
$5,861,128
...
Period End. Dec. 31—
Operating
Operating
Co.—Earnings-
(net
expenses-./.
1,341,381
1,032,845
81.089
>232,063
1,199,788
+$120,678
$4,661,340
639.859
480,547
2.056.559
v 1.685.028
-662,000
2,400,000
Sales
616,000
629,094
3,334,378
$241,607
$1,745,711
$139,889
deductions—
elec.
Sales of
gas,
4,770
6,666
430,373
513,207
$290,484
$266,830
108,729 552
2,152,237
(kwh.)—
(M
ft.)
cu.
estimated
items.,
in
reduction
tNet income.—V.
1,823,528
.*$685,673
75,368,239
417,998,838
1,841,440
9,540,216
8,117,822
.
panies
than
for
each
been
of
shar^
one
shares
50
of
of
tax
resulting
-
^
declared, payable Feb.
payment .was
cash
made
dividend
were
of
also made
State
Co.,
Condensing
'
Ltd.
•
been
11
held
26.
similar
A
30—
Wieland,
to
fund,
,
($10
the
of
com¬
effected
effective,
$999,960
by
the
of
General
distribution,
of
Wieland
Mr.
Motors
to
has
it
Corp.—V,
stock
March
issuance
is
In
19.
In
5,377
business day
$975,380
$1,005,337
180,798
177,573
the
to
to
event
the
been
to
Stock
1948.
that
the
available
for
dividends.......
$794,582 /
$827,764
Dividends. on preferred stock—_—a.
173,656 Y'
J173.656
Balance
_
$620,927
—
..
v..-:-/
.
tive
of
appropriate
that
and
'
''/
,
,.
about
or
registration
It
19.
is
anticipated
become effective.
' /
»
CONSOLIDATED
/?Yy^>/./v z:\:Yy:; v;/./•;//V'v'--
Maryland Ry.-rrHas No Refunding Plan—
(Including
Y \
This company has no
plan, either tentative or final, for taking care
maturity of its lst'mortgage 4% bonds of 1952, it was recently dis¬
closed by a company official when asked to comment on reports tthat
management will submit a call'for tenders of the issue and that it
Net
sales
Cost
of
is
readying a
plan to offer
higher coupon
a
bond of
extended
Standard
Dairy
Total
t
Period End. Dec. 31—
Operating
revenues//.'.
Operating
1947—Month—1946
expenses./--/.
for
23,687,015
Net
of
last
Net
oper.
Taxes
revjenuc.i
$1,114,547
/ 483,778
———__-—//'
('Operating income.___
Equipment rents I'Cri/Z'
Joint facility rents (Br)
Net
ry.
Other income^
.
17,896
$730,092'
/
Fixed'
Net
income—__///./_'
—V.YL67,
p., 89.' '
"
$7,532,202
18,101
Y
'
$732,799
631,417
$8,028,699
$5,295,956'
227,040
229,659
'$101,382
$8,255,739
;
$5,525,615
,2,824,582
3,496,419
$5,431,157
$2,029,196
possible
[ order.
*
i; position
mechanical reasons it it not always
to arrange
companies in exact alphabetical
However, they are always as near alphabetical
as
possible.
demand
notes
Claims for re-fund
Officers'
and
and
Y
Total
on
prior years'
_
Years End. Nov. 30—
Net sales
•
"1947
1946
&
oper. rev.—■ $62,403,391
Net. inc. after taxes, etc.
2 934,452
Dividends
paid
1,070,465
,
1945
875.835
$31,488,862
389,260
Capital
__—__
payable
and
accruals
surplus
"Consolidated
$1,863,987
$804,809
$192,528
.168,000
389,260
$359,094
in
(after
in
banks
deducting
arges,
and
reserves
$235,738;
on
of
hand,
and
owned
Oct.
its. sales
of
31,
1947,
tho
1947,
the
appliance
store
store-and
the
and
company
W.
Prior to
company.-
main
the
of
to
be
the
building
also
was
to
tho
adjoining
engaged
Yv'/:-:
'/,
underwriters
purchased
G.
,
v
by
them,
Irving Latz,
..
number
respectively,
from
executor undex'-
as
deceased,
the selling
V
'
Y
.
Y
the
and
Y::
•
'YY., Y/Y "v.:"'Y/ '
$379,035
$1,102,057
$1,222,476
22,004
44,266
22,770
$1,146,323
$1,245,247
$401,039
—:r
46,001
taxes
on
49,722/
..
.
$1,090,020
25,422
' ;
$1,115,442
"...
38,689
56,693b
/
145,536
436,923
i
860,138,
768,974,
120,666
'
)
for
167, p.
$88,835
$659,678
$346,418
$289,777
/ ../•'<
$1,108,282
411,109
$4,453,680
180,761
"82,022
405,928
_j_____^.__
150.000
1.95,000
Taxes, other than fed.
.income _/—/—_/_—_
Fed.; income tax (est. )Z
176,773
88,900
171,845
$205,025
$185,906
197,000
/Net
1,492,000
$6,731,000
$5,915,000
—
1932___
i
depreciation
of
$2,534,000
477;
-
income
750,000
721,774
691,056
310,000;
62,400
260
Br32
•
■Y /,/ 69,495
(kwh.)__
29,335,563
_
$670,796
..2,412
$678,297
115,488
$135,790//•
_
250,000
t.
$675,885
$185,874
•
$205,285
261,286
..
650,000
^
———
income
of^ elec.
>
■. •>
y
$4,113,667
1,490,529
1,690,093
$672,916
251,659/
$70;386
2,120
*•.
,
373,427
.$426,638
$299,489,
18,707,888' 112,604,798; 99,318,746
2,635.000
1,492,000
1,192,000
;y5
deductions
Income
366.000
263,000
—Y,
-n—
$493,000
574,000
taxes—-
;
.
"Gross
Sales
$575,000
1947—12 Mos.—1946
-
370,420
■/-f
J
.
,1947—3 Mos.—1946
$1,171,879
expenses-
"Operating income.—
Ncn-oper. income
.
$5,915,000
__.
/__
reserve
profit—
Depreciation
3,000
$6,731,000
727,000
in
1947
and
"Before
•
adjustment
of
between
income and surplus equiva¬
income
tax
resulting from.
refinancing costs and other surplus items in 1946.—V. 166, p. 2148.
lent
estimated
to
$54,000
reduction
in
federal
Youngstown Sheet & Tube Co.—New Director—
L.
elected
Mauthe,
a
Vice-President
director to
succeed
in
charge
late
the
Newell
of
C.
has
operations,
Bolton.—V.
167,
beerx
p.
477.
$2,438,000
Y'.
...
$2,910,625;
$251,253)
Accounts
$3,728,508;
inventories, $15,095,513;
Wolf & Dessauer Co., Fort Wayne, Ind.—Stock Offered
1947
unbilled
receiv¬
proc¬
deposits with mutual
insurance
plant
#of
the
into
the
follows:
Zenith Radio Corp.
6 Mos. End. Oct. 31—
ASSETS—Cash
able
As
(& Subs.)—Earnings-
figures.
CONSOLIDATED BALANCE SHEET NOV. 30,
essing U
Fork
40,000 charge accounts.
to
names
profit_/_//■
Maintenance
45,000
68.000
,
2,635.000
income
since Aug. 31,
—
1946.—V.
from
revenues——
J.
Total
and
therefrom,
miles
-
Fed.
100.000
2,000
—____
V-YY.
./,
.
743.354
"After
Balance,
-a—
surplus
Earned surplus
Wayne
miles
50
percentage
the .instalment plan.
on
deductions
Operating
Operating
$1,168,000
25.000
36,000 '/
1,861,000
1,562,000
—___/_
payable —
Capital stock, ($10 par)
1944
$29,796,352' $28,236,363
1,680,644
581,788
of
Yonkers Electric Light & Power Co.—Earnings— "
1946
173,000
_^__._.___rt_w_//_^Y/^^_-i_-^/;.
for Federal
1947
income taxes
/_//—___.:/
——/
and accounts—;'/
Dividends
Report-
the
in
on
V/ Y;
Period End. Dec. 31—
.
10,000
313,000
1,193,000 Y
941,000
2,723,000
..1.690.000
notes
LIABILITIES—
Provision
Fort
75
COMBINED STATEMENT OF INCOME
-V. 167, p. 293.
'
30
$665,000
less reserve——
amortization
—_
of
;
for
Net
Y/.ViY/■//;■
'./Y'Y'/• YYY/
equipment———
charges.
-
Whitman Co., Inc.—Annual
thousands)
deposits—.
receivable,
emplovees'
less
Accounts
(William)
round
v-
NOVEMBER
_—_^Z_Z_——/
Patents,
NOTE~-For
I
>
in
'
Investments
">
Y
SHEET,
Treasury certificates and tax notes
Inventories
radius
a
of
Corp.
them
Non-recurring charge/—
$0.58
U.
"Plant
u
$0.69
//■/
and
and
city
approximately.
merged
testament .of
as
operating
Prov.
263.500
1
\-t
Deferred
f
—
103,000
$153,000
on
S.
generally
'197,000
Cash
Accounts
the
serves
accounts.
leases
stock
and
are
.
income—
Other
'
263,500
_—
BALANCE
(Stated
hand
Dessauer.
include
of $80,000 for extraordinary building repairs and
CONSOLIDATED
ASSETS—
&
operate/
'
145,282
.;•/
"
$508,742 Y
•
$182,000
;
expenses.
683,915
-
.
Wolf
Indiana
business
been
financing, for the company, receivables arising from
Total income
$256,000
107,000 /
_^_i—./lA*263,000
cash—
"Includes provision
moving
,160,993
22,072
.
Other
$4,757,323
657,490
>'
$710,727
in
name
company
and from Fort Wayne National Bank,
will
/
Net
1,000
2.000
outstandingshare
Earnings- per
3,626.453
23 608
12,210
Y
Gross
income.//.—
YY-$748,193
charges ////ii///;
239.451
x
,
$8,383,776
5,603.778
!-$6°9.329
"
117,219
,/—//../
<_
54,453
$630,769
income.-; •Y,
oper.
$753,782 $13,135,980
the
subleased
common
sales
$255,000
'
$291,000
—
paid
shares
per
Oct. 31,'47
1947
1946
«
1945
$10,339,202 $15,117,413 $11,783,691 $10,048,122
Cost of goods sold
6,822,147
9,977,170
7,659,045
6,399,09ti
Operating expenses.™
3,138,019
4,038,184
2,902,169
C,559,00&
*2,019,000
(estimated)
income
Dividends
Capital
had
in
the
ecouired
it
which
the
the
increase
was
income
$32,070,791
incorporated
ACQUISITIONS—Effective Oct. 31,
Finance
held
business of
YY'
Net
1947—12 Mos.—1946
$3,7^6,893
.$2,925,887 $42,084,543
>2,632,346 "/2,172.105 28,948,563
cents
20
9 Mos. End. ——Years Ended Jan. 31-—
$289,000
/_
taxes
of
—No. of. Shs. from—
:-v, Y'Y Y
Y/v;-'\Y/Y'Y;."..-YY-Y-Y/yY"/YY/;/Company Stockholder
Maynard H. Murch & C6,—
/
12,856
25,000
Lee
Higginson Corp
12,856 Y
25,000 "
1946
2,000
income
thai
noto
'••• ;''\
(Ind.)
D.
&
and
stockholder,
$2,274,000
„_
—1
Federal
so
his
cause
,.
store
by
of
charge
Co.)
2,471,000
expenses
income
Provision
may
dividend
a
was
under
sold
an
regular
vyj. Y;
1947
Other deductions
COMPARATIVE INCOME ACCOUNT
extended
or
to the company.
,■//;
Corp.
company
the
evidenc¬
matur¬
'
200,000 shaY
—
Net profit from operations
Other
income
_i
ity for the present issue.
•
and
401,100
200,000 shs.
stock,
trucks within
own
PROPERTY
store
the
the
effec¬
$2,760,000
sold
Ind.,
radius
expects
by
W.
as
ACCOUNT
—
goods
454,000
incorporation
Company
a
Y' V.
Finance
shares
.
INCOME
Subsidiary,
Outstanding
children's
the sale of merchandise
listing
and
that warrants
Quarter Ended Nov. 30—
of
its
by
lessee
in
the
being taken for
make them
company.
board
department
Wayne,
within
-
*, Western
after
a
UNDERWRITERS—The
statements
effort will be made to
every
March
of
and
company
men's
\
now
are
the
,*$1,200,000
declared
The
merchandise
women's
and
having
at;
stock
common
to
$1,200,000
BUSINESS—Company
Fort
of
merger,
the SEC
record
of
accrue
agreements,
note holder
any
common
1.
Shortly
in
types
RECENT
ing such rights will'be issued, within two weeks after the registrations
;
167,
on
and listings
$654,108
depreciation..—V.
p. 293.
1896
delivers
Issu¬
registration is not
of
company's operations.
shares
not
10 days' notice
stock¬
stockholders, Benjamin Kulp, Chairman, and Melville
preparation
1963,
upon
directors
March
leases
territory
D.
19,
Exchanges
stockholders
the
50,000
EFFECT TO PRESENT FINANCING
the. loan
1,
higher-priced lines.
■.
Net
and
Wayne.
p. 477.
entitle
registration with
President, announced that steps,
applications
1948,
1920.
and
following the effective date of such
'
letter
a
by
payable
AND
represented
March
on
Boston
issued
be
held
with
of
,
,
rights which
of
subject
and
registration.
Y>
stock
York
will
full
sale
par)_/_—_
outstanding
record
the
was
had
167,
during the re¬
succeeding fiscal year
wear,
furniture, .home furnishing^
housewares, and various other goods, embracing principally the medium
and Chairman.
President
connection
the
company had on its books in excess
the
common
New
rights
third
W. Borders,
Interest'& other deductions. i.—•
14,
since
accrual
Vice-President,
expended
next
,
June
The
charge
in
be
the
.
158.
Executive
of
com¬
payab'e March 15, 1948, to
further, by resolution, declared
the intention of the
company to initiate a policy of paying quarterly
dividends on the common stock subject to the restrictive provisions olf
the loan agreements.
Y
' Y:.
.Y
at $12 per share, to one additional share for each
par)
the
on
close of the
3,526,146
2,400
/A*.—_/__
post
new
additional
listipg
then
$4,526,106
$972,980
income
greater
to
and
selling stockholder will
($1
24,
the
of
assets
subsidiary
no
the
POLICY—Although the company has operated profitably
approximately 28 years of its existence, cash dividends on
were
paid oniy in 1937,
Since organization in 1920,
has financed its expansion without outside
capital other than
HISTORY
income
taxable
of
extent
an
167, p.
26
division
export
eight shares
and
4,073,908
Gross, income
from
losses
by James D. Mooney,
joining. Willys-Overland in 1946,
1946
$5,046,888
such
to
Vice-President
the
Jan.
holders to subscribe,
162, p. 719.
1947
.
income
necessary.—V.
,Company has authorized
Inc.—Earnings—
Net operating income
Non-operating
net
and
Wilson-Jones Co.—To Issue Rights—
has
5, last year, together with an initial
share.
Cash payments of 25 cents each
—
is
on
been
Months Ended Nov,
$3,970,625
capital
e.
of
s>,uck
Jan.
The
stock
common
16, 1947.—V.
J.
to
the
ance
.
'i
income bonds, sinking
(Income taxes are accrued
maintenance
taxable
elected
announced
Y
with
stock
common
16, Sept. 16 and Dec.
Western Light & Telephone Co.,
Operating revenues
"Operating expenses
$3,942,652
charges,
$440,00U,
stock,
common
the
on
holders
general mortgage 4V2%
on
deferred
shown
Arthur
surplus
from
.
11 to holders of.record Jan.
per
Jqnc
($235,875
contingent
615,561
Willys-Overland Motors, Inc.—Official Promoted—
March
on
$1.50
on
Golden
Western
of
reduce
is
Pr'or
dividend
for
of
funds
loans.
share
men's,
income and surplus equivalent
1934.
p.
cost~>
in
from
permitted
common
On
315,486
362,879,196
income
federal
166,
for
($71,652
$520,504
...
availab'e
/
617,807 /
46,549
fund and other corporate purposes.
tDeficit.
on
a
consolidated return basis.
The deductions
Western Condensing Co.—Stock Distribution—
A
751,300
1,961,009
134,691
;•
46,928
—
interest requirements
$2,509,201
1,701,192
'■Before adjustment of $80,000 between
to
$1,772,844
$246,377
the
by
as
f"MV>nor,,r
$4,901,672
;
788.906
income
"Amount
24.018
27,133
charges
"Net
$2,485,183
>
•
Fixed
3,471.987
$133,223
income
of
1.860,128
$6,521,468
shares
general
reimburse
$256,000
fiscal year
necessary
stock
27 of
its
2,550,000
-
loss
Misc. deductions
12,900,772
642,254
Net
66,042
($54,635
;■
the
at
The loan
bank
15,920,573
Taxes
Income
4->5.7?3
$.,356,339
_
.
to
to
loan, estimated
DIVIDEND
$4,150,372
Y/
—
Tit-l income
$23,092,970
3,647,617
Depreciation
"Gross
income
i.icome
be
become due and
to
1.535,745
$860,616
Dr)—
opr.
year
present
proceeds
sold
earnings
1947—12 Mos.—1946
$5,660,865 $25,457,221
4,397,502
"Operating income.—
Non-operY income
ry.
Other
1947—3 Mos.—1946
$6,428,838
revenues..._
Maintenance*.
Net
ot
Co.
agreements pursuant to which the 4V8% notes have been,
issued provide that if the 6%
15-year bonds are not paid .prior to
Feb. 1, 1954, either from the
proceeds of the sale of stock, or out of
Equip, and joint facility
rents
25,712
added
used
CAPITALIZATION, GIVING
in
Westchester Lighting
Trust
the company's treasury
$382,035 expended in the first nine months of
ending Jan. 31, 1948, and to provide fundn
of
they mature after Jan.
income
prin¬
unpaid
&
4'/«%
*
$5,686,117
accrls.
of
sale
be
be
approximately
the
net
be
Common
1.871,726
91,136
tax
the
pay
Bank
Authorized
1946
$42,405,054 $44, 400,685
accrual*
ry.
fiscal
at
the
the
of
of
will
will
sum
proceeds
notes, due semi-annually from
July 1, 1948, to Jan. 1, 1963, incl—
6% 15-year bonds, due
May 1, 1954___
.
tax
ether
to
National
Co.)
opers.
ry.
the
may
The
v
Southern Ry.
1947—12 Mos,
$2,666,061
proceeds
fund3
present
which
to
Tidewater
used
was
Lincoln
complete the company's expansion program and to
provide additional
working capital to carry the increased inventories and receivable.*
for
ry.
Rv. oper.
>.
,
and
net
$168,743,
of
to
to
approximately
Co.—Earnings—
Ry.
the
at
for
mainder
a
note
a
net
Such
part
the
amount
fabric
serge
the
pany,
in
of
.
balance of
estimated
and
company
1947—Month—1946
ended Jan.
Inc.)
1948, totaled 107,990,000 kwh., an increase of 11.52% over the out¬
of 96,835,000 kwh. for the corresponding week in 1947.—V. 167,
477/
p.
the
of
Water
op:r.
Payroll
V
Rv.
Power
American
RR.
Northern
Riilx^ay oper. expenses.
p. .477.
Nel
West Penn Electric
Pacific
Sacramento
Period Ertd. Dec. 31
Four quarterly
31, last.
the
on
balance
Wayne..
estimated
the
1948.
30,
the
of
approximately
S.
to
Nine
unfilled
1,500,000
Western
share on
per
of
two-for-one
a
copimon stock which became effective on Dec.
distributions of
cents
20
holders
to
1
prior
paid
as
Co., New York, and $200,000
cipal
Fort
Warren Petroleum Corp.—Declares 20-Cent Dividend—
This
by
Trust
and
earned
value from 97,315 shares (all out¬
additional shares will be issued
par
share
to
U.
no
proposal
a
the net proceeds of the
notes, $540,000 was used to
unpaid principal balance of
outstanding notes evidencing loanp
Philadelphia National Bank and Public National Bank ds
the
pay
made
plus
approved
time, unfilled orders total about
List, President—V. 167, p. 477.
Albert A.
Insur¬
PURPOSE—Of
for
reserve
v
27
shares.
last/ the
with
$6,600,000
to
stock,
2,000,000
holders
contract
Jan.
on
capital
Nov. -30,
notes,
Insur¬
Co.
ance
$32,142,594.
Approved—
to
sidiaries
2605.
p.
banks
shares),
stockholders
standing)
87,934
$2,531,425
profit
(current), $2,300,000; accounts
wages and salaries, $822,753; State and
$717,973; Miscellaneous accounts payable and
Federal income taxes (estimated), $2,953,-
to
$5,704,959;
authorized
placed
same
of which
accrued
value,
par
Privately—Company
on Jan. 22
underwriters $1,200,000 of 4Vs%
$500,000 was purchased by Home Life
Co. and $700,000 by Lincoln National Life
through the
49
$209,100;
payable
Split-Up
Dec. 30/44
$3,167,584
At
Net
and
Dec. 28/46
$6,288,972
tax
Notes Placed
total,
,
The
$4,423,690
Profit afier. depreciation
"Prov,
for
Federal
income
surplus,
(589)
of
Mills,
stock—no
Ward Baking Co.
$132,482;
-
.
,
amortization
contingencies, $1,532,634; minority interest in subsidiaries (Nashawena
$1,372,891
and
Nonquitt
Mills, $591,468), $1,964,359; capital
1948.
477.
p.
$1,989,870;
expenses,
issued—97,315
;
purchase price less
and deferred charges,
■/.
•
taxes—estimated,
accrued
CHRONICLE
(at
prepaid
"v.
,
FINANCIAL
LIABILITIES—Notes payable to banks
the
declared
etc.
names,
$550,927;
$32,142,594.
Quarterly Basis—
on
trade
&
companies/$249,837; Federal tax claims, $111,457; property,
and equipment Y (after reserves of $13,315,579 for depreciation
.
amortization), $9,127,506; sales
agency
business, copyrights, trade-
—Offering
was
(par $1) at $8
Murch &
cago.
Of
a
made Jan.
share by
28
of
a group
75,712
common
total,
50,000
inc.
shares
25,712 shares being cold by the
are
from
company,
an
1947
profit—
■„
1945
1946
estate,
Net
profit
(Earns,
"Loss.
cies
per
*$2,198,953
$369,162
$4,904,112
745.071
Crl,549,304
279,113
3,466,390
——
$1,221,017
"$649,649
$90,049
$1,437,722
share
$2.48
Nil
(On
com.
tAfter
(including
renegotiation
1944
$1,966,088
taxes
shares
headed by Maynard H.
Co., Cleveland, and Lee Higginson Corp., Chi¬
the
(Operating
Fed.
on
depreciation, excise taxes and
in
1945
war
492,464 shares
reserves
contracts)
of
for
but
capital stock
$0.19
$2.92
for
contingen¬
reserves
voluntary
price
before provision
outstanding.—V.
reduction
for Federal
166,
p.
and
taxes.
1829.
1
'
50
THE COMMERCIAL
(590)
State and
City Deparftm
PROPOSALS AND NEGOTIATIONS
BOND
ARIZONA
ALABAMA
Maricopa County, Osborn Sch. Dist.
Auburn, Ala.
Offering—E, S.
(P. O. Phoenix), Ariz.
McCree
auction at 2 p.m. on Feb. 2 an issue
of $600,000 water revenue bonds.
held
1
Denomination
Feb. 1, as follows:
$1,000.
Due on
$10,000 in 1949; $11,000 in 1950 and
1951; $12,000 from 1952 to 1954;
$13,000 in 1955 and 1956; $14,000
from 1957 to
1959; $15,000 in 1960
and
1961; $16,000 in 1962 and
1963; $17,000 in 1964 and,, 1965;
$18,000 in 1966; $19,000 in 1967
the
proved
terest payment date
plus
par
interest
accrued
premium equal to
terest
thereafter, at
I
and
a
in
the
Bidders
the
name
bonds' will
not
exceed
of
interest
tion held
on
not approve
to
in
Jan, 17 the voters did
the issuance of $295,-
number
held
Jan.
on
(P.
O.
Birming¬
—W.
D.
Kendrick, President of
Commission,
announces
County
that
the
sale
will •embrace
following issues:
the
to
*
1958 inclusive.: ;
67,000
court house
<
and
funding bonds. Due
•
1,
jail
re-
follows: $4,000 in 1949,
$7,000 from 1950 to 1958,
inclusive.
1,
payable A-O.
Mobile County (P. O.
Offering —E.
Clerk
and
sell
on
-*)
of
Board
Road
at
of
not
to
exceed
and
bridge
Oct. 1, 1947.
will
10
of
a.m.
$4,500,interest
3%
bonds.
1
and
Dated
follows:
as
1951;
from
1952
to
1957,
and
from
1958
to
1967,
all
Bonds
numbered
$200,000
$300,000
inclusive.
to
1,501
County in inverse numerical order
on
Oct. 1, 1957, and on any in¬
terest payment date, thereafter at
the principal amount thereof plus
accrued interest to
redemption
and
bond
accrued
riod
which
be held
12
bonds for
months
to redemption
have
a
pe¬
subsequent
date, had the bonds
are re¬
quested to submit bids at different
rates
bid
interest
of
and-the
sold to the
be
result in the
will
interest
rate to
the
ized
30,
These bonds
at
an
1947.
nish
the
election
The
whose
premium, if
author¬
were
held
on
Sept
County will fur¬
approving
opinion
of
certified check for $90,000 payable
are
County, is required.
the bonds offered
for which
to
no
bids
on
were
(These
Nov. 25,
received.)
a
election
an
Election—At
Calif.
Election—At
Feb.
on
an
-
$85,.
consider the issuance
of $5,-
Brawley Union High Sch. Dist.,
Imperial County (P. O.
El Centro), Calif.
Voted—At
be
Jan.
the
proved
the
20
issuance
voters
of
construction bonds.
Union
Inyo
Dist.,
will
Offering
of
the
bids
b.y the Clerk of
Supervisors until Feb.
purchase of $30,000
These
school bonds.
at
authorized
on
Sealed
received
be
for
2
Dec.
are
held
Association,
Weeden
Union 'Sch; Dist.
Verde
on
Feb.
terest
—
1, from 1949 to
Principal and in¬
(F-A) payable at the City
Treasurer's office. The next
est
bidder
was
high¬
Halsey, Stuart &
Co., C. F. Childs & Co., MilwauCo., and Pacific Co. of Cali¬
fornia, Los Angeles, jointly, for
kee
*
Cone jo
Sch.
Ventura
O.
bonds
Sale—The
by O Melveny &
Angeies.
Paso
offered
on
Jan.
27
were
purchased by Weeden & Co., of
San Francisco, at a price of 100.076, a net interest cost of 3.08%,
as
follows: $20,000 as 4s,, matur¬
Robles
War
Memorial Hos¬
1948.
payable
and
Principal
(M-S)
at
the
March
1,
interest
County
1
Offering—Daniel
chased
$200,000 hospi1-
bonds offered oit
477—were pur¬
by John Nuveen & Co.; of
J.
Chicago,
as
100.5905,
a
2 As
net
at
a
interest
2.68%.
Dated July 1,
serially
on
price
of
cost
of
1947.
Due
July 1, from 1948 to
1967 inclusive.
Trust
The next highest
&
Savings Asso¬
ciation, San Francisco, for 3s, at
a
price of 100.154.
March 9 the voters
the
issuance
off
-•
*
-
or
on
&
series 1948 bonds offered
167, p. 294—were f
and Garrett-Brumfield &;
Co.,
both of Denver, jointly, as
3s, at a price of 100.28, a basis of
Dated Jan. 1, 1948.
2.964%.
serially
terest
payable at the City;
(J-J)
bidder.was
Boettcher & Co.,,
and Associates, for
$40,000
:'-f
:f
Montezuma
;
upon
in
held
Dec.
ori
the woters^ap-;
J.-..
sary
to
ment equivalent to the
at the
bids
transaction
City Treasurer's office., All
or
proposals
>
Election—At an; relection
Bond
will
consider;
<
providing
for
v.
of
issuance
the
$700,000 construction bonds, fi
f'
and pay¬
.«
$27,000 ^ y
f fff
to be held on March 6. the voters
Jackson
make delivery
s
County School District No. 6
(PrO. Greeley); Colo.^:
at the City
and transfer of the money neces¬
"
At the election
22
thef issuance ;of
at any desig¬
delivery of the bonds
-
-"r"
District (J). O. Cortez), Colo.*?-....
No.
purchaser of all expenses in¬
curred
2%s,\
County, Cortez School:
Bonds Voted
.
the payment by
place,
as
$355,000 at '3J>4'S,: at a price of
election
nated
the
Due,
Principal and in¬
Treasurer's office. The next high¬
proved
or
-
,
1950 to-
1, from
Jan.
on
1965 inclusive.
est
Treasurer's office
.
purchased by John Nuveen & Co.,f
of Chicago, Sidlo, Simons, Roberts
about Feb. 15, 1948,
and will be delivered
:
,
28—v.
Jan.
on
Hy-
City Treasurer's office. No bid for
less than par and accrued interest.
The bonds will be ready for. de¬
,
Sale—The $395,000 water
revenue,
on
livery
*
Grand Junction, Colo.
Bond
1
equipment bonds.
authorized at the
bonds
y ;
COLORADO
■
Bond Sale—The
on
$125,000 construction bonds.
$100,000
0
Sept, 16; 1947.
Principal
and interest (J-D) payable at the
National
Dated
held
consider
and
held
ing $5,000 from 1953 to 1961, and
1962.
to be
will
ao-
'Vfi
bidder'was the Bank of America
in
Bond
(P. O/.-.r
Visalia), Calif.
r V »v
Election—At an;election:
Bond
SJyera, bf.Los follow„: $15,000 from 1948 to 1970,1 -construction."
y!'. t.
v-yonr) con nnn1 ir»> iQ7il-.*rh#»«:A nr*» +hp'
and $20,000 in 1971. These are the
d
ing on March 1, $5,000 from 1949
to 1952, and $49,000 as 3s, matur¬
$4,000
Tulare County
South San Francisco, Calif.
v,
High .Schi <Dist.,^
Union
Woodlake
]
of
'
.
interest pay-;:buildin>'''aml
pital District (Paso Robles),
tal construction
school
$375,000 construction bonds.'
election
voters
the
election ?
Co.,
an
issuance
the
water bonds.
ileTA^^
Jan. 26—v. 167, p.
$69,000
19
f
an
Feb. 3 the voters :
the
issuance
of-
on
consider
will
101.60.
inclusive
1962
held,
be
to
/:
Election—At
Bond
Clerk, is
Jan. 20—v.
Calif.
Ventura),
Bond
to
Dist.,
County (P.
Calif.
on
County (P. O. Los
Calif.
hLw'J*?' PSP pi ,5,94«a;ta exceed 4% interestpolicesta;fite;-statl<Jij,Sre:cr£a:tion
:f;y;
Elementary
3s, at 101.604.
.
Visalia), Calif i Y
The $49,000 build¬
Co., both of San Francisco, Braun,
Bond Sale
Barth &
Co., of San Francisco, and Juran ing bonds offered
& Moody & Co., of St. Paul, as 3s,
at a price of 101.651, a basis of
Bosworth & Co., Inc., J,
1968 inclusive.
Jan.
on
At
—
.
(P. O.
Dated Feb. 1, 1948, Due
held
Voted
Angelesy
Angeles), /
Los
Dist.,
Sch.
Wiseburn
;
A certified
bid for,
Soledad, Calif.
proved
Palo
&
of 1%. Principal :\
payable at the County ~ Treasurer's
office. The.
legal opinion of Orrick, Dahlquist, *
Neff, Brown & Herrington, of San y
Francisco, will be furnished the •
purchaser without cost. The bonds
will be awarded to the highest y
bidder and the best bidder eon- >
sidering the interest rate or rates 4.,
specified and the premium offered ;. if any.
The purchaser must payaccrued interest from date of said
bonds to date of delivery.
A cer- .
tified check for $5,000 payable toy
the County Treasurer, is required.;
and interest (M-S)
check for 5% of the bonds
payable to the County
required. • f :'ff.
P
multiples of
approving opinion
Orrick, Brown & Herrington,
San
Francisco, will be fur¬
purchaser.
Denomination1
1948; *
15,
Due on March 15, as fol-f ,
lows: $10,000 from 1949 to 1963,
and $15,000 from 1964 to 1968 in¬
clusive. Bidders will be permitted
to bid for different rates of in- r
terest and to split rates irrespec^/
tive to maturities of the bonds in •
The
Bonds
Woodland), Calif. K
■1
Offering—C. L. Hiddle'-v-
Clerk, will receive .p.ni. on March
1, for the purchase of $225,000 not *
to exceed
5% interest building
coupon or registered bonds. Dated v:*
premium, if any, bid therefor, and
the ward will be made to the low¬
est net interest cost to the School
of
■ *
sealed bids until 2
School District would
required to pay up to maturity
the bonds at-the coupon rate
District.
,
-
County
son,
deducting
■
Bank of America National Trust &
Savings
District,
Bond.
specified in his bid, the amount of
the bonds
election
the
9.
be
v
.
,
High School .
Yolo County (P. O.
■
Union
Joint
total amount of interest
nished the
—
interest
determined by
be
which the
of
Calif.
Board
p.
Sch.
County (P. O. Independence),
Bond
on Jan. 27
294—were purchased
syndicate composed of the
a
election
disposal plant bonds.
$390,000
5;-?>
system bonds offered
167,
Olancha
ap¬
Compton, Calif.
—v.
an
10 the voters
Feb.
on
000 sewage
Sale—The $750,000 water
Bond
held
will
of
will consider the'issuance of $50,-
election
an
.
Oakdale, Calif.
Election—At
Bond
and
bear,
rates.The
definite rate of interest said bonds
will bear shall be determined at
the time of sale. " The best bid
from the
the issuance of $398,000
construction bonds, Af f ff
to
by
Jan. 20 the voters did not
approve
to
bonds
different
at
Bonds Not Voted—At at election
election
an
4
said
nate bids or offers for said bonds
School District, Madera
County (P. O. Madera), Calif.- \
on
y'
premium offered, if any. Bid¬
ders may make one or more alter¬
voters
'
bonds
in his bid the rate of interest he
desires
Jan. 19.
on
Winters
the
election
000 construction bonds.
the
are
Each bidder shall specify
Dec. 23.
'--:
the
County Treasur-
These
authorized at the election held on
District,
6
the
at
office.
ers
will consider the issuance of
held
De-
1948.
1,
from 1949 to 1973 incluinterest (F-A)
payable
•
Madera
.
Feb.
sive. Principal and
Angeles), Calif.
held
be
Feb.
Dated
Feb; 1,
Angeles and Orange
Bond
to
on
a.m.
purchase of $125,000 not
exceed 5%
interest school
bonds.
Rivera
$26,000
School
Joint
10
2 f0r the
election
an
School District bonds.
Lowell
receive
will
Clerk,
bids until
nomination $1,000. Due $5,000 on
;■
Voted—At
of
Offering—Albert J. New-
County
sealed
bonds.
-
voters
M
election
an
Feb. 17 the voters
on
same
$1,000.
bonds.
sewer
lin,
election
an
for sale
March
l
Saratoga School District, Santa
Clara County (P. O. San Jose),
Bond
15 the voters
Feb.
on
issuance
the
000 construction bonds.
on
yy
County
County,
Election—-At
held
be
000
;
of $100,-
Counties, (P. O. Los
Redding),
Feb.
on
ff f'
.
27 the voters
Angeles),
O; Los
Los
voters
held
;&6ttd
to
held recently the voters approved
-
the
Bonds
:'
to
of
election
an
Election—At
held
be
lowest net
Chapman, & Cutler, of Chicago. A
to the
>
Calif.
County after
the deduction of the
any.
bonds
bidder
Sutter
000.090 Burbank Unified School
Dist., Shasta
O.
(P.
County
serially
not been redeemed. Bidders
will
Dist.,
election
an
24 the
Feb.
on
Vista Sch.
Bella
.
Sanitation District No. 2
}
.
District
School
^
of
issuance '
f.'.yyf; will consider the issuance of $350,-
Feb.
on
be held
to
District
issuance
the
was
(P. O. Sacramento),
.
prior' to
would
.
will consider the issuance of $210,
2.847%.
equal to
election
voters
Hospital
Election—At
for
premium
amount
such
on
of
a
an
interest
date fixed for
redeemed
so
maturity of
the
the
April 13 the voters
on
10
Unified
Vote
bonds.
the
'Sacramento
Angeles County Sch. Dists.
(P.
Banning Union High Sch. Dist.,
>
Riverside County (P. Q. ^-CRiverside), Calif.
$150,-
4,500,
are callable for redemption prior
to maturity at the option of the
each
4
$200,000 hospital bonds.
to
""
which
an
the
certified
—
Calif.
Los
election
an
Denomination $1,000.
Oct.
1950
on
in
000
Revenue
issue
an
Due
Doody,
public aution at
19
000
C.
Commissioners,
Feb.
road
Feb.
consider
will
Mobile), Ala.
held
be
Bond
Election—At
Bond
\
,
sets;
whether the bid
explicitly or
check for 5% of
bid
for, payable to
delivery,
not.:
the
(P. O. bonds
< the ;
■
City Treasurer, is required. These ,
At
are
the bonds originally offered,'
Mar.
on
Corono
Eastvale
bonds.
000 construction bonds.
Calif.
on
Interest
1948.
^
at
Election—At
Bond
(P. O.
Obispo),
Banning Memorial
Bond
consider
$25,000
the voters
Calif.
Bonds
Bond
Bond
election
an
construction bonds.
to be held
will
bonds
;
bid in addition
forth
Cant.
Election—At
on
of
City Council to mean the price : ,
to the expense of * ;,
the
consider the issu¬
$510,000
District, San Luis
held
.
Postponed
District
Dec. 12.
on
issuance
•
by^
construed
be
will
Francisco
originally scheduled for Jan. 23.
County (P. O. Yuba City),"'''
Calif.
be
School
election
an
6
not approved
were
voters
'T Bond Election—At an election
(P. Off.'.J'..' to be held on
Mar. 16 the voters
Live Oak School District,
Grande Union High
1958.
Mar.
construction
000
Obispo County
to
of
ance
School District
Feb.
on
Election
the voters will
.j
Election—At
held
be
the
election to be held
will consider the issuance of $50,-?
to
San Luis
Mar. 1, as follows: $4,000 from
1949 to 1957, and $6,000 in
Dated
by the Clerk of
Joaquin
on
School
000
the
V
election
an
24
Riverside), Calif.
will consider the issuance
I
consider
Bond
an
Stockton), Calif, i,
/
held
000 water bonds.
Arroyo
Feb.
Riverside County Sch. Dists.
■
:
Union
O.
A
Sealedx bids
—
school bonds.
000 construction bonds.
4?,000 refunding bonds. Due
for
April 13 the voters
will consider the issuance of $75,-
March
on
as
and
ap¬
$38,000
of
Election—At
Bond
to be held
will
$90,000 refunding road bonds. Due
$9,000 on March 1, from 1949
J
voters
will consider the issuance of $400,-
nection with the offering of $199,000 bonds on Feb. 3—v. 167, p. 478
2
to
the
15
on
delivery :of bonds at any place.
other than the City of South San
District
$362,000 construction bonds.
Supervisors, until Feb.
the
purchase of $16,000
Bond
election
held
will
-
of
Board
Areata, Calif.
Bond
ham). Ala.
Offering
received
be
San
an
proved the issuance
construction bonds.
bid for less than par and ac¬
County
Bond
will
.,.;f ;f-
Calif.
be
Calif.
County (P. O. Red Bluff),
Voted.—At
\
Bond, Election-—At
to
Dist., Sacramento
County (P. O. Sacramento.),-
Antelope School District, Tehama
and
Bond Offering Revised—In con¬
Sch.
School
Costa
County (P.
Martihez), Calif; ' J
>
v;1
Francisco, for
and <-$24,000 as
San
as
Linden
Bonds
,
/i
Savings
&
Trust
3V2S,
3y4s, at 100.186.
$45,000
CALIFORNIA
crued interest will be considered.
Jefferson
elec¬
an
which
multiples of y4 of 1%.
National
Association,
Contra
the Bank of Amer¬
was
Junction
000 construction bonds.
bear, which must
three
must be in
the
invited
are
rates
the
No
securing
mortgage
bonds.
$525,000
of
Voted—At
Not
Bonds
12 months in¬
ject to the restrictions contained
issuance
ap-
Arizona
the bonds redeemed sub¬
on
voters
Maricopa County, Phoenix Union
High Sch. Dist. (P. O. Phoenix),
and
1968; $20,000 in 1969; $21,000
in 1970 and 1971; $22,000 in
1972;
$23,000 in 1973 and 1974; $24,000
in 1975; $25,000 in 1976; $26,000 in
1977, and $107,000 in 1978. Subject
to redemption as a whole or in
part on Feb. 1, 1951, and any in¬
election
an
the
22
Jan.
on
construction bonds.
Dated Feb. 1, 1948.
v
Yoted—At
Bonds
City Manager, will sell at public
ica
Pinole-Hercules
The next high¬
Treasurer's office.
est bidder
Bond
2, 1948
Monday, February
CHRONICLE
FINANCIAL
&
I
FLORIDA
4".;. W'vf
1,
as
bonds
was
$185,000
sold
to Welsh, Davis & Co.,
100.174.
terest
;■
(P. O. Mariana), Fla,
construction
Chicago,
.
County School District
Bond Sale—An issue of
cently
-
as
3 As,
at
Dated Dec.
a
1,
price
1947.
re¬
of
ofIn-'
payable J-D. Due on Dec;, /
follows: $6,000 from 1948 to.
1951; $7,000 in 1952 and
1953; $8,~
'Volume
167 Number 4669
THE COMMERCIAL
&
FINANCIAL
s
CHRONICLE
000 in
1954; $10,000 in 1955 ancf and legally binding obligations of
$11,000 in 1957 and 1958; the County. Each bid should set
$12y000 in 1959; $13,000 from 1960 out clearly the total par value of
to 1965, and $7,000 in
bonds
desired
and ? the
1966, all the
;
;
Bond
1956;
inclusive.
{Palm
Beach
County Special Road
Bridge District Ndi 20
and
1
(P. O. West Palm Beach),
i
Florida
1
Bond
-
Offering-—J.
Alex
Ar-
nette, Clerk of Board of County
Commissioners,
will
receive
•sealed
-27
bids
for
until
the
•not to
11
a.m.
Feb.
on
purchase of $200,000
3V2% interest con-
exceed
"struetion
coupon
bonds.
Dated
'March 1, 1948. Denomination $1,•000. Due on March 1, as follows:
-000
in
1951;
$5 000
.1954;' $6,000
from
1952
value
par
the
to
$2,000 in 1949; $3,000 in 1950; $4,-
held
'find
-
{hWfieTmore
;
i
rates
tlian
j
purchase- them
j
tei-est ' cost,
held
any
are
Illinois
Plans
!
Sale
Oct.
by
lowest
de-.
be
received
of
sealed
bids
until
revenue
coupon
Feb.
1, 1948.
$1,500
of V4
interest oil the bonds to not mote
all
for
The named
1/10 of 1%.
or
of interest
rate
the
of
multiples
uniform
may be
bonds
or
be
may
split SO' as to fiame not more than
four rates.
Principal and interest
(F-A) payable at
$100,000
con¬
Jan. 23
on
purchased
by Vieth, Dun¬
Wpod, of Davenport, and
Associates, as 2s, at a price of
100.75, a basis of 1.928%. Dated
Feb, J, 1948.
Due on Dec. 1, as
follows: $4,000 from 1949 to 1953;
$5,000 from 1954 to 1961; $6,000
from 1962 to 1965; $7,000 in 1966,
and $9,000 in 1967.
Interest pay¬
able F-A.
The approving opinion
of Chapman & Cutler, of Chicago,
&
will
be
The
furnished
the
purchaser.
bidder
was
next
highest
White, Phillips Co.,
price of 100.725.
for 2sr at
a
'
*
.
De¬
from
Rate of interest to be in
limits
act
Dated
1964 to 1973;
$2,000 from 1974 to 1985, and
$3,000 from 1986 to 1988 inclusive.
1963;
,
,'_•••*.
...
1
Perry, Iowa
Bond Offering—Bernard
City
Clerk,
will
Nolan,
receive
sealed
bids until 8 p.m. on Feb. 2 fbr the
purchase of $8,349.35 sewer bonds.
Payable from funds derived from
special
assessments
levied
for
said improvements. The City re¬
serves the option to pay the prin¬
cipal whenever funds are avail¬
able from the collection of special
•
assessments.
bank or trust
company
of v< the > purchaser's
choice, or, at the option of the
holder, at the office of the Town
State awarded the initial block of
7.30
works
nomination $500. Due on Feb. 1,
as
follows: $1,000 from 1952 to
Offering—E. ,H.
Superintendent
in-
to
purchase of $60,not to exceed 4 %% interest
bonds.
Vet¬
State
than 2% and provides fdt Serial
Mellon; payments within 25 years from
Schools,- Will date of issue. In April 1947, the
Illinois
10 for the
Feb.
Indep. Sch. Dist.,
Sale—The
.
Additional
bonus
Cald¬
Offering—Richard
water
Bonds —The
The
ap¬
$50,000
receive sealed bids until 4 p.m. on
St.
are
^
voters
well, Town Clerk-Treasurer, will
expected to offer iri
mid-February the $85,000,000 re¬
voters ^ap--
the
13
Rural
struction bonds offered
can
Advance, Ind.
Bond
7, 1947.
election
an
Iowa
were
election
an
INDIANA
(State of)
of
Bonus
Officials
Champaign School Di^triefNo. '71/
r
(P. O.
III.
the issuance of
road improvement bonds.
the bonds authorized at
on
Jan.
on
000
erans'
•
one
•:
Township
Voted—At
proved
.
£/ Bend
offering to
cost
Toulon
Louis.
election
an
the
the!
interest s at
the
at
Such
.
Bond
as
Bonds
may
The bonds will be
.awarded to the bidder
15
1
Marion
system bonds.
election held
Bank,
Voted—At
Jan. 2 the voters approved
on
the issuance of $135,000 construc¬
tion bonds.
These
$45,-
plant extension
and im¬
provement bonds was sold re¬
cently to the First National Bank,
of Freeburg, as 2V2S, at a price of
100.408.
Dated
Oct.
15,
1947.
Up-
,
f
of
beaf
maturityj must
.the" same 'rate;
bid
three
all ' bonds
and
voters
Voted—At
voters
Approved as to legality
Charles &
Trauernicht,
of
Buckleyt III.
Jan.
the
7
First National
Bonds
held
to legality by Chapman
& Cutler, of Chicago.
proved
Bonds Sold—An issue of $25,000
re-
I.'-
on
Feb.
on
51
Guttenberg Consolidated School
District, Iowa
are
part of " an
authorized issue of $200,000. Ap¬
election
an
the
at
Sullivan.
light
the
Bonds
;
able
Toulon),
election
.
held
$74,-
Freeburg, III.
-
y
voters
mainder of the $385,000,000 vet¬
proved the issuance of $10,000 erans' bonus bonds
approved by
Water* sditeher\Urid pufifyitt£:pl£h# the
voters at the general election
interest bonds.'
'
in
1946. /'
maturities "of
No
the
the
Galesburg (P. O.
Randall), III.
Election—At
000 water
issuance of $40,000
water works bonds. -.A':¥:li'd*
Vi of 1%, and each
.bonds of each rate.
30
Dec.
election
an
2
will consider the issuance of
the
Bryan, III.
.Voted—At an
on
proved
Dec.
on
held
These
Bonds
bidder must specify in his bid the*
-amount
is
be
to
ILLINOIS
.
or
Bond
c*1—ired.
the rate of interest in mul¬
tiples of %
East
payable
bonds,
Treasurer,
Election—At
000 street surfacing bonds.
to
in
1955; $7,000 in
.1956; $8,000 in 1957 and 1958; $9,-000
in
1959; $10,000 from 1960
-to 1963; $11,000 in
1964; $12,000
iii 1965; $13,000 in 1966;
$14,000
-in 1967; $15,000 in 1968 and
1969,
and $18,000 in 1970.
Bidders to
name
the
of
County
$10,000 In 1950; $14,000 in 1951;
$15,000 in 1952 and 1953; $16,000
in 1954 and 1955; $17,000 in 1956;
and $18,000 in 1957, all inclusive,
Principal and interest (J-D) pay¬
Delavan, III.
^
held
will consider the issuance of
amount, together with accrued in¬
terest
to
date
of
delivery, the
bidder
offers
to
pay
therefore.
No bids will be accepted for less
than par value of the bonds, and
the
right is reserved to reject
any or all bids.
The bonds will
be delivered at the County Treas¬
urer's office, or in the City or
County of Honolulu, as may be
mutually agreed upon by the pur¬
chaser and the County Treasurer.
A certified check for 2% of the
,
be
to
(591)
j
^
a
;':/-ican8AS
A
service
March 4 for the $300,000,006 ^series
Bloom
School District, Kan.
•afhdunt of apremirnn from the purchase of $235,000 not to ex-* recognition bonds to a syndicate
*
Bonds Voted—At
an
election
ceedf 21/2% interest building bonds. headed
bythe
First
National
/aggregate amount'of interest upon
Clerk-Treasurfer.
No bids will be
held recently the voters approved
Dateci April 1, 1948. ;Due oh Octi Bank, the: Harris Trlist & Sav¬
;all of the bonds until their reconsidered for; less than par and
the issuance of $100,COO construc¬
ings Bank, Northern Trust Co.,;
specftive dates / of : maturity. : No 1,' as fdllotvs: $5,000 from 1949 to
accrued interest.
Each bid must •
;
termined
(CST)
p.m.
by deducting the total
on
<•
r
offered
jaccrued
i
for
or
less
than
par
interest will be accepted.
Principal and interest (M-SJ.-
payChase National Bank*
iNew
City.; The
York
opinion
of
rates
.the
proved
sewer
the
issuance
.
construction
voters
of
at
purchaser's expense.
The printed bonds will also be at
for
they
the
expense
price of 99, according to maturity.
—V. 165, p. 2464. ;
These
the
are
A 'certified
$700,000
167,
v.
*
p.
Lane,
is
on
Jacksonville,- IN*"
revenue
bonds
Fletcher Trust
Co., Indiana Trust
the
and
Union
Trust
Jan. 27—
& Co* Citizens and
National Bank, both of
/
sold
was
1%% Board of Education
Courts & Co., Wyatt,
Waggoner,. Norris, &
sHirshberg, and J. H. Hilsman &
{Co.,. all of Atlanta, at a price of
'91,319, a basis of 2.567%. Due on
.Jan. 15, as follows: $8,000 in 1952
and 1953;. $11,000 in 1954; $12 000
in 1955; $13,000 in 1956; $14,000
; in 1957;. $15,000 in 1958; $16 000
; fn' 1959; $34,000 in 1960; $35,000
"in 1961; $30,000 in 1962 and 1963:
$37,000 in 1964; $38,000 in 1965;.
[ $39,000 in 1966 and 1967; $40,000
in 1968 and 1969, and $29,000 in
1970.
Dated Dec. 1, 1947.. Inter¬
est payable J-Jis The next high¬
.
as
to
legality by Chapman & Cut¬
ler, of Chicago.
;
/
;
\
,
'
Cook County Township High
,K
Schoot District No., 205
'■
Kewanee,
v
III.
■
,
10 a.m.
M.
receive
Feb.
on
of $70,000 fire
department bonds.
Dated Nov. 1,
1947.
Due on Nov. 1, as follows:
Bond Sale—An issue of
$16,000
fire truck bonds was sold recently
to the Peoples National Bank, of
Kewanee, as 2s, at par.
Interest
payable. / J.-D. Due on Dec. 1, as
follows: $7,000 in 1948; $3,000 in
1949, and • $2,000 from 1950 to
1952, all inclusive.
"
"
will
Clerk,
City
$7,000 in 1949 and 1950, and $8,000
from
1951
1957 inclusive.
to
All
bids shall specify the
rate of in¬
terest and all other things being
equal, the bid of
interest
interest
of
rate
and accrued
specifying the
par
better
or
lowest
10 for
Feb.
on
in¬
bonds.
revenue
Dated Feb.
1,
as
1, 1948.
Due on Feb.
follows:
$2,000 in
1950;
in 1951 and 1952; $4,000
1953 to 1960, and $5,000 from
1961 to 1965 inclusive.
will
be
.
The bonds
Will be optional for redemption on
interest payment date
after
Rapids, Iowa
Offering — Maude
Bond
a.m.
of $65,000 3V2%
school
terest
any
Cedar
Krebs,
10
the purchase
from
of
IOWA
re¬
bids until
all
$200,000
sealed bids until
/'•'
1948. Denomination $5,000. Prin¬
cipal and interest payableJn Chit
cago, or New York City. Approved
.Savannah,
Co.,
9 for the purchase
/\
County (P. O.
Benton), Ky.
Bond Offering—Java Gregory,
County Judge, will receive sealed '
$3,000
Indianapolis, at 1Vb%. D&ted Feb.
1, 1948.
Dde May 10, 1948.
^
Marshall
Bank,
National
Merchants
Co.,
1, from 1948 to 1964 inclusive.
,'
tax ' anticipation - warrants
purchased on Jan. 20 by a
syndicate
headed
by Halsey,
Stuart & Co., and William Blair
& Co., of Chicago. Dated Feb. 13,
479—were purchased by
&
a
Bond Sale—An issue of
water
III.
Chicago,
to
p.
1948
Space
•,Neal
$23,500
0.75%
prices
dollar
23—V.
Jan.
on
196—were purchased by
American
National
Bank,
167
were
2%
syndicate composed of Johnson,
i Southern
for
from
'•••:
Warrant Sale—An issue of $25,-
$500,000
school bonds offered
yield
at
offered
warrants
cently to Harris, Hall & Co., of
Chicago, and. Blewer, Heitner &
Glynn, of St. Louis, jointly, as 3s,
at a price of 101.577.
Due on Dec.
900,000
*
ja
check
ptiblic subscription
July 7, 1947.
on
required.
Valdosta, Ga.
,
the bonds authorized at
the election held
ap¬
to
of -the purchaser.
bonds.
Sale —The
Indianapolis, Ind.
Warrant Sale — The $235,000
able
Jto EO RGIA /
Bond
bid, payable to the Town, is re¬
quired.
//;
1.67611%,-for $150,000,000 as
1%-s, maturing from 1949 to 1960,
and '$150,000,000 as l%s, matur¬
KENTUCKY
of the amount
5%
fied check for
Cutler, of Chicago, will be avail¬
■'-.//'
;
Co., at a
net interest cost
of
bonds.
accompanied by an executed
affidavit.
A certi¬
non-collusion
Halsey, Stuart &
a
tion bonds.
be
/
Surf side (P. O. Miami Beach), Fla*
Bonds Voted — At an election
20
said
on
National
Co., all of Chicago,
ing from 1961 to 1972. This was
the
only bid received for the
bonds.
The bonds were reoffered
'
Jan.
interest
ings, Bank of Chicago.
Thie ap¬
proving opinion of Chapman &
.Trible & Mitchell, of New York
City, will be furnished' the pur4
chaser.v A certified check for $4000 payable to the County, is re1
Quired./; v,
/V'""/
on
of
and
price of 100.06,
Principal and interest (A-O) pay¬
able at the /Harris Trust; & Sav4
approving
Caldwell,/Marshall,
*
held
Bank & Trust
and
and
! able at the
Continental //Illinois
1952; $20,000 from 1953 to 1959.
$25,000 from 1960 to ,1962, all
inclusive.
Bidders may bid for a
single rate of interest or split
bid for less than all of the bonds
:
1953;
at
at
1, 1950 at 102
1011/2 to Feb. 1,
to Feb.
101
and
on
Feb.
until
1957;
1, 1960, and there¬
after at par and accrued interest.
Interest payable F-A.
less
than
par
No bid for
of the bonds
value
will be considered and the County
reserves the right to reject any or
all bids.
The
County will furnish
approving
opinion of Lovett & Lovett, of
Benton, from whom a complete
copy of the transcripts of all pro¬
ceedings may be obtained at a
nominal charge. A certified check
the bonds and the legal
given preference. The City will for
$3,000 payable to B. L. TrevaMorgan County Road District No; 7 furnish the approving opinion of
than, Trustee, is required.
(p. o. Harvey), III.
y
(P. O* Jacksonville), III.
■][■' Chapman & Cutler, of Chicago.
Bond
Sale —} The ' $1,500,000 x Bonds Voted—At
an
election Purchaser
to
furnish
printed
Murray, Ky.
school bonds offered on-Jan. 27 held recently the voters approved
bonds, and all bids must be sc
Bond Call.—Charles B. Grogan,
—rV. 167, v. 29&-i-were purchased
the issuance of $25,000 highway
conditioned. A certified check for City
Clerk, announces that all
by a syndicate composed of the maintenance equipment bonds, v 3% of the bonds bid for, is re¬
Outstanding water works revenue
Harris
Trust
&
Savings Bank,
quired.
1
bonds, being Nos. 34 to 138, dated
Orient, III.
Halsey, Stuart & Co.,, John NuBonds
Voted—At an election Charles City School District, Iowa Sept. 1, 1942, maturing on Sept.
veen & Co., William Blair &
Co.,
1, from 1948 to 1965, are called for
held on Dec. 31 the voters ap¬
Bonds Voted
At an election
and Ketcham & Nongard all of
proved the issuance of $10,000 held on Jan. 19 the voters ap¬ payment on March 1, at the Citi¬
Chicago, as 3s,. at a price of
zens Fidelity Bank
& Trust Co.,
watef system construction bonds.J proved the issuance of $330,000
est bidder was the Trust Co. of
100.3103, a basis of 2.983%, to ma¬
Louisville
(formerly Fidelity &
construction bonds.
.Georgia. Atlanta, and Associates, turity, as follows:
^K/
Perry Township (P. O.
Columbia Trust Co.).
The City
•at 90.862.
; /
,
Des Moines School District, Iowa will pay the
Sumner), III.
$1,350,000 school building bonds.
principal amount of
Bonds
Voted—At
an
election
: vv
Bond Election—At an election
Due Jan. 1, • 1967.- $1,260,000
said bonds together with accrued
; ";;-T 'V/:\ HAWAII
.»
bonds to be redeemable at held recently the voters approved to be held on March 8 the voters interest to March 1, 1948, plus ad¬
the issuance of $25,000 road bonds.
Kauai County (P. Oi Lihue),
will consider the issuance of $4,ditional interest equal to 4% of
par and accrued interest in
v;A' •*•
Hawaii , '?////
the
order
500,000 construction bonds.
the
numbered, being
principal
amount
of
said
Robinson Township (P. O.
v.:
bonds.
Interest ceases on date
$90,000 on Jan. 1, 1953 to
*
Bond Offering—K. C. Ahana,
Robinson), III.
Estherville, Iowa
called.
'
1966, or any interest payment
; County
Treasurer,. ; will receive
Bond Election—At an election
Bond Sale—The $250,000 elec¬
.
'
'
.
....
...
,
.
-
—
,
■
-
.
'
■
r
'
•
t
bids
sealed
until
ian, Standard
.
;
;
j
9
a.m.
Time)
on
(Hawai¬
date
Feb.; 10
150,000
purchase, of $550 000 3 %
public improvement bonds. Dated
Due
Dec. 15, 1947. Denomination $1,000, Due $22,000 on Dec. 15, from
par
the
for
•1952
; also
1976
to
be
inclusive.
received at the
Bids will
office
of
Wood, King & Dawsort, of 48 Wall
Street, New York City, until 2
-p.m. (EST).:
Principal and inter-
.•
.
t
t
est
(J-D) payable at the County
Treasurer's office.
The bonds will
be.passed upon as to their legality
by Wood, King & Dawson, of New
/York Citv,; and the purchaser will
I be furnished with the opinion of
;
,
.
the
same
that the bonds
are
valid
thereafter.
to be held in the
school
building bonds.
Jan.
1, 1967. $140,000
on
bonds
to
and
be
redeemable
at
interest
voters
Of
$20,000
bidder
Feb.
1,
1948.
Interest
(J-J). The next highest
was
Chicago,
road
issuance
improvement
Northern
Mercantile
-
•y;
paving
bonds
chased recently by
$38,000
was
pur¬
Voss, Blair &
Ripley & Co., Inc., Braun,
.;
:
on
by
Carleton
the
syndicate
a
D.
composed
Beh
Co., of
Moines, White-Phillips Co. of
and Paine, Webber,
Curtis, of Chicago, as
2V2S, at par. Dated Dec. 1, 1947.
Davenport,
Jackson
&
serially
from
on
1949 to
June and Dec. 1,
inclusive.
1958
In¬
Pikeville
Bond
tion
Indep. Sch. Dist., Ky.
Sale
with
our
sold
issue of
and
learn
to
the
sale
of
3s,
connec¬
the
as
$96,000
reported in
Jan. 19—v. 167, p. 295
school bonds
—we
Details—In
the
as
that
bonds
the
Bankers
Bond
Stein Bros. & Boyce,
Louisville, jointly, at a
103.00, a basis of 2.718.
were
Co.,
both of
price of
.
Trust
Co., of St. Louis, is offer¬
ing for public subscription $121,-
Bosworth & Co., Inc., Illinois Co.,
000 3% storm sewer bonds.
Chicago, and Martin;; Burns &
Corbett, jointly, for 100.3099, as 3s.
Dec.
000.
chased
Due
Co.,; of Chicago.
offered
bonds
revenue
Jan. 28—v. 167, p. 295—were pur¬
Des
St,- Francisville, III.
Bonds Sold—An issue of
street
tric
of
Sullivan, III.
Trust Co.y y Bonds Publicly Offered 77- The
Baiife
&
Commerce Mercantile-iCommerce
Bank & Trust Co., St. Louis, Harriman
future the
in
accrued
order
numbered, being
$10,000 on Jan. I, from 1953
to 1966, or on any interest
payment date thereafter. -
Dated
near
consider the
bonds.
the
payable
will
Dated
15, 1947. 1 Denomination $1,Due* on Dec. 15, as follows:
terest
payable
J-D.
The
next
LOUISIANA
i
highest bidder
was
Shaw, McDer-
mott & Co., Beck &
lard-Hassett Co.,
Cownie, Bal-
Quail & Co., and
-
Allen Parish School District (P. O.
Oberlin), La.
Bond
Offering
Wheelock & Cummins, jointly, for
2%s, at 100.86.
—
Griffen, Secretary
will
receive
sealed
Thomas
J.
School Board,
bids
until
10
.
52
THE COMMERCIAL
(592)
a.m.
nomination $1,000. Due on Jan.
as
follows: $30,000 from 1949
March 4 for the purchase
on
4%,in¬
of $525,000 not to exceed
terest bonds as follows:
1958,
Bidders are
1963, both inclusive.
District
School
$138,000
Denomination
bonds.
Due
March
5
No.
the rate or
rates of interest payable on the
bonds, upon which their bids are
based and submitted.
Approved
requested
$1,000.
follows:
$12,000 in 1949; $13,000 from
1950
to
1952; $14,000 from
1953
to
1955,
and ; $15,000
from 1956 to 1958, all- inclu¬
on
1,
as
Due
on
$11,000
able
District,
School
Ward
;
$500.
Due
Due
,
$6,000
1956
Due
lows:
$6,000 from
1958, all
1952 to
inclusive.
The
:
■
discount, as fol¬
41,000
School ; District
No.
4
v.
bonds.. Denomination $1,000.
Due on March 1, as follows:
$4,000 from 1949 to 1957, and
$5,000 in 1958. all inclusive.
Note Sale—The $750,000 tempo¬
.next
bidder
highest
was
National Bank,
0.943%..
at
'
^
office
Treasurer
holder
the
of
the
bank
a
the
to
ing
Nov.
Jan. 28
$200,000 on Dec. 30,
1948.
The next highest
bidder
was the Merchants National Bank,
option of the
designated by
and
5,
pay
to
the
bidder
Note
offer¬
result
in
the
ceive
Bos¬
will
until
bids
E.
11
re¬
a.m.
the
after
cost
deduction
of
of
District
the
to
the
notes.
pre¬
anticipation
revenue
Feb.
Dated
1948.
3,
Due
bid
to
for
bidder
be
all
of
considered.
be
approved
the
The
to le¬
as
Miller, Canfield, Pad¬
Stone, of Detroit, and all
bids must be
Mass.
than
by
&
dock
the
less
will
gality
so
conditioned.
The
of such opinion and the cost
printing the bonds will be paid
were
A certified check
purchased by the Second by the City.
National Bank of Boston, at for $500 payable to the City Treas0.944% discount.
Due $175,000 on urer; is required.
, ,
7
Nov. 5, and Dec. 3, 1948. The next
minnesota 7
highest bidder was the First Na¬
tional Bank, Boston, at 0.95%.
Benson, Minn.
Note
;
Sale—The
notes
enue
$350,000
offered
cost
rev¬
Jan.
on
,of
23
Certificate
Norfolk County (P. O.
>
The
Note
Offering
—
The
County
bids until
11 a.m. (EST) on Feb.
purchase of $400,000 tax
anticipation notes.
Dated Feb. 3,
1948.
Due Nov. 10, 1948, at the
Bank
of
on
or
Feb.
purchased
—were
certificates
Due
Boston,
about
167,
interest
Bond
Sale
Details—In
connec¬
No
telephone bids will be, ac¬
$5,500,- cepted. The right is reserved to
000 sewage district bonds, as 3y2s,
reject any or all bids.
and 4s, to the syndicate headed by
the Equitable Securities Corp., as ;7V'-.'7 7 ;v; Lawrence, Mass.
Note
Sale—The $500,000 tem¬
reported in our Jan. 26 issue—w.;,
167; p. 480—we learn that .the porary loan notes offered on Jan.
bonds were sold at a price of par. 26 —v. 167, p. 480 —were pur¬
with the
sale
of
the
Interest payable A-O.
chased
Second National
Bank, of Boston, at 0.94% dis¬
count.
Dated Jan. 26, 1948. Due
on Nov.
4, 1948. The next high¬
Opelousas, La.
V,. 7.'.. >.7
Bond Sale—The $499,000 sewer
'
bonds offered
p..
.2608
—
on
Jan.
166,
purchased
were
27^-v.
by
than
will not
est
tional
Trust & Savings Bank, both of
Opelousas,
jointly,
as' follows:
$355.000 ,as
2%s, maturing on
March 1, $20,000 in 1949 and 1950;
$21,000 in 1951; $22,000 in 1952
and, 1953; $23,000 in
1954 and
1955; $24,000 in 1956 and 1957;
$25,000 in 1958 and 1959; $26,000
in
1960
4
bank, against
payment in Boston funds. Denom¬
inations 4 at $50,000; 6 at $25,000,
and 5 at $10,000. The notes will be
authenticated as to genuineness
and validity by the First National
Bank of Boston, under the advice
issue
Jan.
serially
on
sewer
districts
warrants.
Due
1948
21
inclusive.
1958
to
incident to this issue will be
with said Bank, where they
may be inspected.
The right is
reserved to reject any or all bids.
Bond
Dec.
1,
J-D.
The
3s.
;;
■.
a
basis of
1, 1948.
Due
on Feb.
1, from 1949 to
Principal and in¬
(F-A) payable at the Sec¬
ond
National
Bank
of
Boston,
Boston, or at the holder's option
at the office of the City Treasurer.
The next highest bidder was Hal<
next
was
'
Dated Feb.
1968 inclusive.
White Hattier
& Sanford, Barrow, Leary & Co.,
Juran
&
Moody, and Nusloch,
Baudean
&
Smith, jointly,' for
$249,000
as
2%s,/ and $250,000
as
Co., jointly, as
$15,000
Dated March. 1, 1948.
highest bidder
&
terest
$29,000 in 1966 and 1967, and $30,The
purchased by Blair
price of 100.81,
a
1.91%.
1961; $27,000 in 1962
1963, and $144,000 as 3s, ma¬
turing $28,000 in 1964 and 1965;
M-S.
were
sey,
Stuart
100.60.
;
\
.
&
7
Co.,
2Yi&,
for
at
7
Leominster, Mass.
Note Sale—The
-
$400,000 tax an¬
.
ticipation notes offered on Jan. 22
were purchased
by the Merchants
Bank
of
Boston,
at
0.835% discount.
Due Nov. 15,
maryland
suitable
(P. O. Prince
Frederick), Md.
Bond
Offering
—
A.
Claude
ceive
President,
Board
of
Commissioners, will re¬
sealed
bids
until.. 2 p.m.
(EST)
on
Turner,
County
of
the Second National Bank, Boston,
at 0.856%.
7
,
Feb. 17 for the purchase,
$500,000 school of 1948
bonds.
1948. The next highest bidder was
Dated
Jan.
1,
coupon
1948.
De¬
/
.
„
porary
28
Lynn,
,
-Note
bonds
ion
-4f'>7:7 7
Twp. Rural Agricultural
Invited—A.
Mass.
$700,000 tem¬
loan notes offered on Jan.
were
purchased
by
E.
p.m.
on
the
First
.
Sale—An issue of $1,-
700,000 tax anticipation warrants
was sold on Jan. 22 to a syndicate
the First' National
of Minneapolis, First Na¬
tional Bank, of St. Paul, North?
western National Bank, and the
Midland National Bank, both of
composed'of
Bank,
Minneapolis, at 1*4%. Dated Feb.
16, 1948.
Due $700,000 on July
1, and $1,000,000 on Sept. 1, 1948.
all
without
Feb. 4 c/o R. N.
Certificates
-
Publicly
syndicate composed of Piper,
Jaffray & Hopwood, C. S. Ashmun
Co., Allison-Williams Co.,
J. M. Dain & Co., all of Minne¬
with the serial numbers of the
date thereafter at par
nomination
Jan.
on
re- \
certificates
maturing
1969, are subject to
redemption on any interest pay¬
1967
ment
date at 101
terest
1,
if
1958
or
City
bids
Clerk,
until
will
7.30
(J-J)
Heger-
ern
receive
p.m.
Dated Dec. 1, 1947.
Denomination
$1,000.
Due 7 on
Dec. 1, as follows: $2,000 in 1948
pon
prior
to
Jan.
if
any
redeemed
on
Jan;
1,
interest payment date
Principal and interest
payable at the Northwest¬
Minneapolis.
National Bank,
Swift
on
and accrued in¬
1958, and atypar and accrued
interest
7
to
redeemed
thereafter.
sealed
1958, and any interest
and accrued
1,
from
East Jordan, Mich.
berg,
$1,000.
interest;,
offered, and the
price must provide that the School
Board may purchase all or any
part of the bonds offered.
The
School
District
was
formerly
known as Troy, Avon, Bloomfield
and Pontiac Townships Fractional
so
Bond Offering—Thelma
A
the
to
cost
bids
certified
$4,000
payable to
required.-
pur-'
be uncon¬
must
check for
County, is
the
mississippi
Greenville,
Bond
Call—W.
Miss*
H.
Ogden,
As¬
sistant Trust Officer of the Union
Planters
National
Trust
&
Bank
62.
to
Dated Feb.
1, 1945.
Due March
Payment will be made on
Denomination $1,000.
1, 1970.
principal amount
of said bonds at par, on surrender
of said bonds in negotiable form
accompanied by all Sept. 1, 1948,
and
subsequent coupons, at the
'"7
County (P. O.
Minn.
..
'•
■
■.*''<
«.
montana
Red
Bond
7.
7
7,77
Lodge, Mont.
7
Sale—The
$50,000 com¬
offered on
p7 2709 —were
purchased by the United States
National Bank, of Red Lodge, and
the Yellowstone Bank,;of Laurel,
jointly, as 2y2s, at ,ai price of
100.02: Due in 20 years,; optional
after 10 years from date of issue.
munity
Jan.
center bonds
27-r-v.
The
next
166,
highest bidder
State Land and
was the
Investment Com¬
mission, for 2.y>s, at par.7
v ,
,,
,
•
7
V
7 777.-.777 ^as VeSas> Ne;
Bond Sale—The $250,000 storm
bonds
sewers
offered
Jan.
on
22
purchased by the State In¬
dustrial
Offered—
Due on Jan.
1, from 1953 to 1969 inclusive.
Certificates maturing from 1959
to 1966 are subject to redemption
School District No. 10. 7
All
ditional. 7
were
Redwood Falls, Minn.
Baker,
Superintendent, Auburn
Heights, Michf, for the sale of not
more
than $12,000 par value of
1939 refunding bonds.;' Proposals
must
designate
the
kind
and
amount of bonds offered, together
spective bonds
approving? opin¬
Dorsey, Colman, Barker,
& Barber, of Minneapolis,
chaser.
of
St. Paul,
is offering for public
subscription $450,000 2y2%, 2%%
and 3% public utility revenue cer¬
tificates. Dated Jan. 1, 1948. De¬
Atwood, Secretary of the School
Board, will receive sealed tenders
until 8
the
and
Commission/as 2y2s, at
Dated Jan. 1. 1948.*
Due
serially on Jan. 1, from 1949 to
par.
1968
inclusive.
terest
Benson),
Principal and in¬
payable at the City
(J-J)
Treasurer's
apolis, Kalman. & Co., and
Shaughnessy & Co,, Inc., both of
10, Mich.
Tenders
company
of
Scott
as
MinneapolisMinn.
office.;
;
.
*
new jersey
Leonia,
77
Bond
N.
J.
,»
7
,
Offering—C: J. Kirkland,
Borough
Clerk,
Will
receive
sealed bids until 8:15 p.rrf. on" Feb.'
for
9
to
the
$8$,00'0
purchase of
exceed
registered
4%
not
interest coupon
bonds,
or
follow^:
f
$45,000 emergency housing; bonds.
31,000 g e n e r a 17 improvement
bonds.
1
-v
as
-
'J"
,,
^
*
J/;;
10,000 fire apparatus bdnds.;
Dated Feb.
.
•
Denomina¬
tion $1,000.' Due on
Feb. 1, as
follows: $9,000 from 1949 tOil953|
$7,000 from 1954 to 1956y $8,000 in
1957, and $3,000 from 1958. to,'1961
inclusive.
$20,000 ; p r i n ci p a 1
amount of the emergency .jhousing bonds maturing from 1954 to
1957, will be subject to redemp¬
tion as a whole or in part in the
inverse
at
the
order
1,
1948:
of
their
numbers,
sealed
Borough at
par and accrued interest, on (Feb.
1, 195V or any* interest payment
date
thereafter. = ■ ^Principal
and
10
interest
Feb. 2 for the purchase of $25,000
water supply system revenue cou¬
Sale—The
cost
$370,000
Warrant
Fractional School District
Bond
trust
or
next
A
No.
bank
by the
purchaser.
The
County will furnish the printed
1947.
2.802%, as
2%$, matur¬
ing on Jan. 1, $35,000 from 1951 to
1956; $30,000 from 1957 to 1960;
$40,000 in 1961, and $80,000 as 3s,
maturing $40,000 in 1962 and 1963.
Interest payable J-J. Dated Jan.
1, 1948.
7^''777:777';7: vy7;:;7'\7'
Wakefield, Mass. ; * 7
$240,000 school !
bonds offered on Jan, 26—v. 167?„
p. 480—were purchased by Halsey,
Stuart & Co., as l %s, at a price of
100.109, a basis of 1.737%.
Dated
Feb. 1, 1948.
Due serially on Feb.
1, from 1949 to 1963 inclusive. In¬
terest
payable F-A. „The 7 next
highest bidder was Whiting,
Weeks & Stubbs, and Lyons &
; Shafto, jointly, for 2s, at 101.804.
National
Calvert County
interest
net
a
follows:
7 Bond Sale-TThe
michigan
Prin¬
named
.
filed
Avon
accrued inter¬
above
bank, 7or at the Marine
Interest
Midland
Trust 7 Co.,
New
York
highest
Coupons maturing March
bidder was Piper, Jaffray & Hop- City.
1, 1948, and prior will be paid
wood, for 2.10s, at. 100.042. ,777.;7
on presentation
and surrender of
Hennepin County Indep. Sch. Dist. said coupons. Interest ceases on
No. 12 (P. O. Richfield
date called.
Station, Minneapolis 2),
Starkville, Miss.
'
■■."7.'■77'"'
Minn.
"%v:
Bonds Approved as t.i Legality
Bond Sale—The $450,000 build¬
issue
of' $304,009
sewer
ing bonds offered on Jan. 22— —An
v.
167, p. 296 — were purchased bonds was recently approved as
to legality by Charles & Trauerby the Allison-Williams Co., of
777
7
Minneaolis, and Associates, at par, nicht, of St. Louis. 7
Dated
navable
Ropes, Gray, Best, Collidge &
1
vet¬
Inc.; Lee Higginson Corp.,
Estabrook
2s, at
and
Interest; payable
28
& Co.,
and
$300,000
of
cipal and interest payable at any
the basis of the
inclusive.
Dec. 1, from
and
2
1, from
Dec.
on
1957
to
combined
Nos.
at the above named
rental housing loan, first
1946-1947 bonds offered on
erans'
and
000 in 1968.
Bank, Boston, at 0.96%.
Bond 'Sale—The
,
or
Bids for
1%'j
considered.
be
re¬
rate
multiples
of
and
par
are
the
in
by
indebtedness.
of
serially
1948
23,000
est bidder was the Merchants Na¬
Charles F. Boagni and the Plant¬
ers
the
by
specify
one-tenth
or
,
tion
Bidders
to
of
$38,000 street improvement No. 4 Nos. 1'
The' notes will be ready
delivery
war¬
26—v.
interest.
quested
rates
Swift
3 for the
National
Jan.
on
1,
Due
from
the Co., Memphis, calls for payment
County Bank, of Benson, as on7March 1 $62,000 2*/2% 1945
1.90s, at par, as follows:
bridge revenue refunding bonds,
481
p.
Commissioners will receive sealed
First
offered
$1,000.
to
accrued
Sale—
Warrant
and
$61,000 certificates and
rants
Feb. 8 for the purchase
on
$300,000
the
City after de¬
the premium offered, if
adding discount, if any.
or
bonds
Somerville, Mass.
Sale—The $125,000 vet¬
erans' housing bonds offered on
Nov.
5,
1948,
at the
National
mium offered, if any,
Bids are
Jan, 27—w. 167, p. 480—were pur¬
to be conditioned upon the un¬ Shawmut Bank of Boston, Boston.
chased
by the Second National
Denominations as follows: eight
qualified
approving opinion
of
Bank of Boston, as l%s, at a price
at $25,000; eight at: $10,000, and
Chapman & Cutler, of Chicago,
of
100.847, a basis of 1.618%.
the cost of which will be paid four at $5;000. Said notes will be
Dated Jan. 1, 1948.
Due serially
authenticated
as
to
genuineness
by the School Board. A certified
on Jan. 1 from 1949 to 1963 inclu¬
validity
by
the
National
check for 2% of the amount of and
sive. Principal and interest (J-J)
Shawmut Bank of Boston, under
bonds
bid
for, payable to the
payable at the Second National
the advice of Storey, Thorndike,
Treasurer, is required.
' •
Bank of Boston. The next highest
Palmer & Dodge, of Boston, and
bidder was Robert
Hawkins &
East Baton Rouge Parish (P\ O.
all legal papers : incident* to this
Baton Rouge), La.
Co., foe i3As,vat 100.79, ,,, . 7 7:
issue will be filed with said bank.
interest
net
cost
bonds will
pers
Joseph
—
Treasurer,
sealed
(EST)
lowest
Offering
j
City
Lucey,
par and accrued in¬
specifying ; a rate or
which
Holyoke, Mass.
„
bonds
Jan.
Dated
from
1964, all inclusive. . All
bonds maturing after Jan. 1, 1959
to
be subject to redemption on
said date and on any interest pay¬
ment date thereafter at par and
1960
less
No
Rugg, of Boston, and all legal pa¬
7,
to
The
bonds.
Denomination
Jan. 1, as follows: $15,000
1950 to 1959, and
$10,000
lU
any,
The next
Methuen,
of
Boston, at 1.02%.
of each issue will
bonds
and
terest
rates
$1,000,-
submitted
awarded
be
on
Due $800,000 on
Boston, at 0.99%.
Board
Separate bids are
for each issue,
purchaser.
and
School
at the
or
at
be
to
1, 1948. Principal
(M-S) payable at
interest
and
the
sold
was
to the National Shawmut Bank of
awarded
ducing
highest bidder was
the National Shawmut Bank, Bos¬
for
Sale—An issue of.
Note
000 tax notes
March
Dated
of
in
1948.
terest
at 0.94%, discount, plus
premium of $1.00.
Dated Jan.
27, 1948. Due Nov. 4, 1948, at the
Boston.
7 Haverhill, Mass.
be
a
Bank
name
interest
hospital
on
whose bid produces the. lowest in¬
Boston,
'
-
will
by the Second National Bank of
Shawmut
of
of 1%.
Bank of East Jordan.
loan notes offered on Jan.
27—v. 167, p. 480—were purchased
National
Bidder to
rates
or
Principal
and interest payable at the State
„
Gloucester
the
rate
multiples of
Dedham), Mass.
A;
7y\;/
p.
$600,000 dated Jan. 26, 1948, due
Nov. 8, 1948.
.V
; V,'
200,000 dated Jan. 26, 1948, due
Jan. 14, 1949.
1, as follows:
$5,000 from 1949 to 1951, and
L
notes
480
the Cape
of
Glou¬
purchased by
National
Bank,
cester, at 0.93%
March
on
massachusetts
Ann:
,1958, all inclusive.
57,000
School
District
No.
3
bonds.
Denomination $1,000,
the
rary
as
—were
to
accrued interest.
ton.
Gloucester, Mass.
Note : Sale—The $800,000
offered on Jan. 26—v. 167,
1950 to 1955, and $8,000 from
;
to
order,
any
or
Maiden, Mass.-
ton.
above
numerical
interest payment date on
after Dec. 1, 1949, .at par and
on
77;7. 7
77,'v
in inverse
able
Storey, Thorndike,
.7 7.,77,
0.98%.
Kidder,
the
;
March 1, as follows:
in 1949; $7,000 from
on
bonds
of
Dodge, of Boston. The
next highest bidder was the Na¬
tional Shawmut Bank, Boston, at
$15,000 pay¬
23/4s, at par, as
reported in our Jan. 12 issue—v.
167, p. 197—has been canceled. ;
$11,000 in 1957 and 1958.
72,000
School
District
No.
1
bonds.
Denomination
$1,000.
.
advice
1949; $4,000 from 1950 to 1953,
$5,000 in 1954. Bonds matur¬
ing in 1953 and 1954, are redeem¬
and
to genuineness under
as
Monday, February 2, 1948
and
Boston, at 0.95%
Nov. 4; 1948.
Palmer &
County Treasurer, is
timore, jointly,
1, as follows: $8,500 in 1949;
$9,000 in 1950 and 1951; $10,000 from
1952 to .1956, and
:
the
CHRONICLE
off
Due
Certified
Peabody & Co., of New York, and
the Mercantile Trust Co., of Bal¬
1
$1,March
on
discount.
by
Cancelled—The sale
FINANCIAL
National Bank of
,
Sale
Bond
of
Denominations
000 and
the
to
required.'
clusive.
bonds.
legality
A certified check for
$12,000 from 1953 to 1955, and
$13,000 from 1956 to 1958 in¬
98,500
name
N'iles, Barton,
Morrow & Yost, of Baltimore, and
the approving opinion of this firm
will be delivered, upon request
to the purchaser without charge.
No. 25
Denomination $1,000.
March 1, as follows:
from
1949 to
1952;
bonds.
to
as
District
School
to
•
sive.
119,000
1959
from
$40,000
and
1,
to
to
&
,
Bond
bonds.
<
Offering—Leo
E,
Engle-
County Auditor, will receive
bids until 2 p.m. on Feb.
for the purchase of $200,000
son,,
option
of the
(F-A) payable at the Le-
-
Volume
167 Number 4669
onia
Bank
Rate
of interest to
&
Trust
THE COMMERCIAL
Co., Leonia.
in
be
27,500
mul¬
a
tiple of Vs or one-twentieth of
1%, and must be the same for all
of the bonds.
No bid will be
sidered
which
in
legally
con¬
specifies a rate
higher than the lowest rate stated
any
acceptable
pro¬
The purchaser will be fur-r
nished with the opinion of Haw¬
kins, Delafield & Wood, of New
York City, that the
bonds are
public
works
apparatus
notes.
22,500
public
and
works
apparatus
equipment
<
the First National
Bank, Bos¬
ton, at 1.02%.
posal.
valid and
legally binding obliga¬
tions of the Borough. A certified
check for $1,720 payable to the
Bofough, is required.
Township Sch. Dist.
Livingston
(P. O. Livingston), N. J.
Bond Offering—Thomas R. Col¬
lins,
District
sealed
17
bids
for
until
the
to
not
Clerk,
1,
000.
8
receive
on Feb.
p.m.
purchase
exceed
of $380,000
interest school
6%
Due
1948.
of interest to
be
in
a
one-twentieth
or
York, jointly, as 2.10s, at a price
of 100.47, a basis of 2.035%. Dated
Nov.. 1,
1947.
Due serially on
Nov.
multiple of
of 1%, and
Interest
payable M-N.
The next highest bidder was Tilney & Co., for 2.10s, at 100.17.
Brunswick
Fire
District
No.
1,
York
New
Bond Offering
William J.
—
Tamm, District Treasurer, will
re¬
ceived sealed bids at the office of
Lucien E. Clickner, 5 First
Street,
Troy, N. Y., until 2
for
5
to
the
Feb.
on
purchase of $8,500 not
2J/2 % interest building
exceed
coupon
Dated
p.m.
registered
or
Feb. 1,
1948.
bonds.
Due
Feb.
on
be the same for all of the
bonds. No bid will be considered
1, as follows: $500 from 1949 to
1955, and $1,000 from 1956 to 1960,
which specifies a rate higher than
the lowest rate stated in any le¬
both inclusive. Bidders must state
in their bids a single rate of in¬
gally acceptable proposal.
The
purchaser will be furnished with
terest in
must
•
and
multiple of 1/10 of 1%,
the price offered.
a
must
state
the opinion of Hawkins, Delafield
& Wood,, of New York City, that
Bids must be for all of the bonds.
No bids will be accepted for sep¬
the
arate
bonds
valid
are
and
legally
binding obligations of the Board
of Education,
A certified check
for
of
$7,600
payable
to
Board
maturities
less
at
or
value of the bonds.
par
than
Principal
will
be
delivered
housing
on or
Feb. ' 20.
The
approving
opinion of Lucien E. Clickner, of
Troy, as to the validity of the
Jan. 27—v. 167, p. 297—were pur¬
bonds will be furnished the
chased
chaser.
by
Halsey, Stuart & Co.,
Blair & Co., Inc., Boland, Saffin &
Co., New York, and MacBride,
Miller &
$170
as 2.70s, at a price of
basis of 2.63%. Dated
Feb. 1, 1948. Due serially on Feb.
1, frofn 1949Vto 1973 inclusive.
Principal and interest (F-A)
pay¬
able at the National Bank & Trust
Passaic. /The
Co.,
next
highest
bidder was B. J. Van Ingen &
Co., J. B. Hanauer & Co., Rand
Co., W. C. Seufferle & Co., and
Ranson-Davidson
&
Co.,
jointly,
Tor $818,000 as 2.70s at 100.26.
1
;
1
Ridgewood,
"Bond
Sale—The
offered
N.
:,-T
J. /v':y
$616,000 bonds
Jan. 27—v.
on
167, p. 297
by Shields &
Co., Boland, Saffin & Co., both of
New York, and MacBride, Miller
& Co., of Newark, jointly,
taking
$615,000, as 2*4s, at a price of
100.30, a basis of 2.218%, as fol¬
purchased
—were
lows:
.
certified
payable
Co.} Newark, jointly, tak¬
a
A
to
pur¬
check
the
required.
for
is
,
lier,
City
Comptroller,
will
re¬
ceive sealed bids until
12:30 p.m.
on Feb. 5 for the purchase
(EST)
of $100,000 not to exceed 4% in¬
terest
water
supply coupon or
registered bonds.
Dated Jan. 1,
1948.
Denomination
$5,000
on
$1,000. Due
Jan. 1, from 1949 to 1968
inclusive.
-
Bidders
to name the
multiples of xk
1%, and must be
,
rate of interest in
one-tenth of
or
the
for
same
t
all
of
the
bonds.
Principal and interest (J-J) pay¬
able at the Manufacturers Bank of
Cohoes.
The
awarded
bonds
the
to
will
bidder
be
offering
the
lowest rate
out
reference to premium, but if
two
of
interest with¬
more, bidders
offer the
same lowest rate, the bonds will
be awarded to the bidder offer¬
or
ing the highest premium.; Bids for
$225,000 water of 1947 bonds. Due
serially on Feb. 1, from 1949
to 1971
inclusive.
to 1975 inclusive.
95,000
general
improvement
bonds. Due "serially on Feb.
;;y,' 1, from 1949
,
96,000
„,'v
sewer
to 1967 inclusive.
bonds. Due serially
on Feb, 1, from 1949 to
inclusive.
1967
.
less
est
than
will
par
not
and
be
accrued
opinion of Sullivan, Donovan
6 Heenehan, of New York
City,
approving
the
validity of the
38,000 fire apparatus bonds.
Due
'..I, serially
1949
to
,
.
water
.' -Dated
Feb. /
and" interest
the
&
Feb. 1, from
of 1947, series A
bonds. Due serially on Feb.
1, from 1949 to 1963 inclusive.
15,000
V
on
1953 inclusive.
.
Citizens
1,
1948.: Principal
(F-A)
payable at
First National
Bank
Trust
next
Co., Ridgewood.
The
highest bidder was B. J. Van
Ingen & Co., and Fidelity Union
Trust Co., Newark,
jointly, for
$616,000 as 2%s, at 100.219.
Rochester, N. Y.
Offered
Sale—The
on
$100,000
•
•
Jan. 28—v.
purchaser
to the
New
A
$1,840 payable
Sch.
Dated
Feb.
1,
Due serially on Aug. 1, from
1977 inclusive.
Principal
Central
(F-A) payable at the
Bank
York
City,
&
to
the
at
2
the
must
Unless
all
be for
a
all
of
the
bonds
terest, stated in
bonds
to
premium,
that if two
to
rate
of
provided,
or
rate
of interest
as
will
be
delivered
after date of sale.
furnished
certified
check
purchaser.
for
$500.00,
Clerk,
bids until 2
5
for the
(EST)
p.m.
purchase of
bid
Dobbs
Ferry, N. Y.
Offering — Margaret R.
Kelley, Village Clerk, will receive
pay¬
sealed bids until 3 p.m.
(EST)
on
Feb. 2 for the purchase of
$92,000
not to exceed 5% interest water
front,
improvement
coupon
or
registered bonds.
■.
Dated
Feb.
1,
1948.
on
Denomination $1,000.
Due
Feb. 1, as follows: $4,000 from
1949
1952
bid
to
1951, and $5,000
to 1967, all inclusive.
must
from
Each
Jan.
rate
of
premium,
same
without
mium; and if two
terest. Unless all bids
offer the
the award will be made to the bid¬
der complying with the terms of
the sale and
the
bonds
at
offering to purchase
the
to
lowest rate of
multiple of lk
1/10 of 1%, without reference
premium,
a
provided,
however,
same
premium.
pre¬
obligations
bonds
valid
the
and
Feb.
must
with the
pur¬
cost.
for, $780
A
certified
payable
is required.
to
the
.
Falls), N. Y.
—
The $15,000 high¬
and
apparatus
offered
by
on
the
Jan.
23
Marine
were
Trust
1,
1, 1948.
from
1949
Due $3,000
to
1953
on
Feb.
inclusive!
Principal and interest (F-A) pay¬
able at the First National
Bank,
Glens Falls. The next
highest bid¬
der was Tilney &
Co., for 2.40s.
at
binding I
Town.
New
Co., of Buffalo, as 1.90s, at a price
of 100.172, a basis of 1.84%. Dated
offering the highest
of
The
at
Feb. 24. The ap¬
opinion' of Vandewater,
purchased
Ames, of Tully, that the
are
if
way'machinery
The purchaser will be fur¬
bonds
however,
delivered
agreed
Glens
nished with the opinion of Ken-
&
or
at such other place
or
'] Bond Sale
bidders
purchaser
re*
South Glens Falls (P. O.
of the bonds to the date of deliv¬
ery.
ing the highest premium.
Princi¬
Town
pay accrued interest from the date
yon
be
be
chaser without
check
lowest rate of in¬
The
are
Heckler, of New York
City, will, be furnished the pur¬
terest the bonds will be awarded
to the bidder
will be awarded the bidder offer¬
or more bidders offer
to purchase the bonds at the same
rate of interest, then the bonds
or more
to
the
about
proving
Sykes &
multiples
reference
for all of the bonds
and must state a single rate of in¬
rejected,
City,
may
chaser
for all of the bonds. The
be
are
at
will
*
in
interest
A
bonds.
follows: $8,-
to
to
1959; $10,1972; $15,000 from 1973 to
1983, and "
$20,000 from 1984 to 1988, all
:
inclusive.
325,000
sanitary sewer, series A
bonds.
j
lows:
Due
•
on
$4,000
Feb.
1,
from
fol-:
as
1950
to
1959; $5,000 in I960*, and $10,000
>
from
1961
to
1988
inclu¬
sive,.
'■
Denomination
requested to
are
rates
V4
of
of
$1,000.
the rate
name
interest
1 %.
in
Each
Bidders!
or
multiples
of
bid
may name
rate for part of the bonds of
one
issue
100.036.
Suffern, N. Y.
Bond Offering—George M. Cox,
Village Clerk, will receive sealed
(having
•
the
earliest
and another rate for
sue, and each bidder must specify:
in his bid the amount of bonds of ?■
each rate. A separate bid for each
issue
(not
crued
interest) is required.
rate
less than
be
must
consecutive
fered
will
bid
par
for
and ac-<
Each
bonds
maturities.
for less than
No
•
of
bid
all of the bonds of¬
be
entertained, i'The
approving opinion of Mitchell &
Pershing, of New York City, will
be furnished the purchaser.
The
right is reserved to reject any or
all
bids.
A
certified
check
$16,000
payable
to
the
Treasurer, is required.
for
State
Chowan
County (P. O.
Edenton), N. C.
I
Bonds
.
held
on
Voted
Jan.
the
proved
At
—
20
an
the
issuance
/
election
voters
of
■
ap¬
$400,009
school improvement bonds.
Durham, N. C.
Bond
p.
offering the lowest rate of in¬
terest
1950
complying with the
offering to pur¬
provided,
as
1960
bonds
bonds will be awarded to the bid¬
der
bids
series
Feb. 1.
from
fering the highest premium.
Feb.
of 14 or 1/10 of 1%, and must be
the
of
single rate of
all
water,
on
6%
from
rate of interest, then such bonds
will be awarded to the bidder of¬
$6,000 not
in
to
two or more bidders offers to
pur¬
chase the bonds at the same lowest
1, 1948.
De¬
Due $1,000 on
to 1955 inclu¬
interest
1949
*4
sive.
Principal and interest (FA) payable at the First National
Bank of Tully.
Bidders to name
the
Unless
office
follows:
as
000
on
1/10 of 1%, without reference to
bonds
Dated
(EST)
all
exceed
.000
Y.
for
a
to
maturities)
or
be
state
Easter-
the balance, but no bid may name
more than four rates for either is¬
chase the bonds at the lowest.rate
of interest in a multiple of
York
nomination $1,000.
Feb. 1, from 1950
must
and
:.
O.
(P.
from
*
either
Feb.
$2,000
E.
his
at
-
bonds
terms of sale and
A
sealed
on
follows:
}.■ V
re¬
jected the bonds will be awarded
Bishop,
will receive
coupon
to the bidder
New York
Town
not
"
Supervisor, will receive
Dated
interest.
Fayette (P.' O. La Fayette),
Bond Offering—Anna E.
000
Bond Offering—Edward D. Sew-
Each
able to the Village, is required.
La
Water District
Pitts ford), N.
;
bonds
three weeks
The approving
the
Pittsford
bids
coupon
The approv¬
(F-A) payable at the
Security Trust Co., of Rochester.
opinion of Vandewater, Sykes &
Heckler, of New York, City, will
be
sealed
New
$220 payable to the Town, is
quired.
t- •
A
■
.
Raleigh until 11 a.m. (EST) on +
Feb. 3 for the purchase of $800,-
same
in
H
Offering—W.
Due
and interest
or at such other place
be agreed with the pur¬
or
delivered
"
•
ling, Secretary of-Local Govern¬
Commission, will receive
interest, then such
be
f
ment
$475,000
bidders offer
more
«' 1
•
Burlington, N. C.
in¬
1967, and $1,000 in 1968. Principal
New
•
Bond
be furnished the purchaser with¬
out cost.
A certified check for
as
City,
may
chaser about two
•
the
registered
1, 1948.
De^
nomination $1,000. Due on Feb.
.1,
such
in
'■
,
ing opinion of Vandewater, Sykes
& Heckler, of New York
City, will
system
offering the highest premium. The
bonds
Principal and
NORTH CAROLINA
City, or at such other place
may be agreed with the pur¬
bonds.
award will be made to the bidder
York
sale
of
rate
sealed bids until 2 p.m.
same
then
bidder
Feb. 3 for the purchase of
$39,000
not to exceed 5% interest water
however
purchase the bonds at the
lowest
bonds
the
lowest
or
will
ard Town
in¬
bidders offer
more
the
to
chase about Feb. 25.
1/10 of 1%, without reference
or
bonds.
bid for, payable to the Village, is
required.
•?
in a multiple of 14
1%, without reference
premium, provided, however,
as
multitude of lk
a
the
Wood, of New York City, will be
York
Eacn
•<
furnished the purchaser.
A certi¬
fied check for 2% of the bonds
1/10 of
bonds
single rate of interest.
are
rejected the
lowest
interest
City, or at the office
purchaser.
The approving
opinion of Hawkins, Delafield &
offering the highest premium. The
bids
the
of
of the
award will be made to the bidder
offering to purchase the
at
of
stated
the
lowest rate of
bonds will be awarded to the bid¬
der complying with the terms of
sale and
awarded
Unless
to purchase the bonds at the
1, as follows: $2,000 from 1948 to
1958, and $3,000 in 1959. Princi¬
pal and interest (J-D) payable at
Hilton.
rejected
are
be
that if two
State
of
bids
at
to
terest water coupon or registered
bonds.
Dated Dec. 1, 1947.
De¬
nomination $1,000.
Due on Dec.
Bank
all
1,
Each bid must
tile bonds and state
for all of
terest
p.m.
or
Hilton, Hilton.
or
Hilton, for the purchase
$25,000 not to exceed 5% in¬
State
interest water
payable at the State Bank
bonds
of
the
5%
single rate of interest.
>
until
exceed
complying with the terms of
and
offering
to
purchase
Hilton, N. Y.
Bond Offering — George M.
Madden, Village Treasurer, will
3
Rate
multiples of Vi or 1/10
of 1%, and must be the same for
Denomination $1,000.
Due
$1,000 on Jan. 1, from 1949 to 1959
inclusive.
Principal and interest
a
\
Feb.
1958.
in
1948.
all
on
and
be
of New York
(P. O.
improvement coupon
registered bonds. Dated Jan.
will
bids
to
Wood,
Road
system
be
Trust
at
or
not
(J-J)
Square National Bank,
option of the holder.
The
next highest bidder was Blair &
Co., Inc., Geo. B. Gibbons & Co.,
Inc., Chas. E. Weigold & Co., and
Bacon, Stevenson & Co., jointly,
for 3s, at 100.866.
(EST)
Parma-Bridge
Bond
at the
sealed
bonds.
about Feb.-23, 1948, at the office
of Hawkins,
Delafield &
Parma,
Franklin
receive
pump-
registered
or
interest (F-A) payable at the of¬
fice of the Village Treasurer. The
bonds will
be
delivered on or
of
payable at the
Hanover
New
exceed
Wheatley Hills National Bank,
Westbury. The only other bidder
was
Tilney & Co., for iy2s, at
receive sealed bids until 3
p.m. on
Feb. 2 for the purchase of
$11,000
and interest (F-A)
1947
on Feb. 1, from
inclusive.
Principal
and interest
coupon
not
Denominations
$1,000, one for $500. Due on Feb.
1, as follows: $1,500 in 1949; $2,009
from 1950 to 1956, and $1,000 in
serially
1953
to
481—were purchased by
Stuart & Co., Equitable
to
Co.,
Due
1949
$17,500
fire: engine
Dated Feb. 1,1948.
p.
Water District
p.
basis of 2.891%.
1949
1948.
Square),
York
Securities Corp., Homblower &
WTeeks, and William E. Pollack &
Co., Inc., both of New York, joint¬
ly, as 2.90s, at a price of 100.109,
1948.
26
Hilton), N. Y.
Offering — Herman G.
Worden, Town Supervisor, will
Halsey,
a
167,
Jan.
on
1948
482—were purchased
by R. D. White & Co., of New
York, as IV2S, at a price .of 100.21,
a basis of
1.438%.
Dated Feb. 1,
Dist.
bonds
167,
v.
paratus bonds offered
Sale—The $965,000 school
offered on Jan. 29—
Bond
1948
purchase of
4% interest
100.13.
cost.
No. 17 (P. O. Franklin
$50,000
without
Hempstead Union Free
that if two
sewers notes.
about
Village, is required.
167, p. 482
purchased by the Genesee
Valley Trust Co., of Rochester, at
0.80%, as follows:
—were
be agreed
bids until 3 p.m. on Feb. 6 for the
Westbury
District
Bond Sale—The
$25,000 fire ap¬
to exceed 5% interest construction
v
Bond
or
notes
&
at
or
Hempstead,
(P. O.
Westbury). N. Y.
—v.
'53
1593)
Water
bonds.
bonds.
interest stated in
Note
of¬
City, will be furnished
The
the
City,
purchaser
certified check for
inter¬
considered.
>
.
the
purchaser will be furnished with
146,000 storm sewer bonds. Due
serially on Feb. 1, from 1949
:<
New York
and state
Cohoes, N.
Bond Offering—Louise M. Rou-
at the
as may
the
de¬
Delafield
York
place
be
The
bid
District,
.
/
:
ing $818,000
100.2899,
the
about
$820,000 emer¬
bonds offered on
New
North
con¬
approving opinion
of Hawkins, Delafield &
Wood, of
of
bonds
will
Hawkins,
of
19.
Bank
Troy.
bonds
purchaser
with
Feb.
and interest payable at the Manu¬
facturers National Bank of
purchaser at the above bank
Passaic, N. J.
Bond Sale—The
the
of
The
the
Education, is required.
gency
fice
1, from 1948 to 1962, all in¬
clusive.
Denomination
$1,1, as follows:
$14,000 from 1949 to 1951; $15,000 from
1952
to
1955; $20,000
from 1956 to 1968, and $18,000 in
1969.
Principal
and
interest
<F-A) payable at the Livingston
National Bank, Livingston.
Rate
Vs
,
Feb.
on
The
livered
upon
Babylon, N. Y.
Bond
Sale—The
$42,500 land
acquisition bonds offered on Jan.
27—V.
167,
p.
481—were pur¬
chased by Roosevelt & Cross, and
Vostal, Hall & Co., both of New
registered bonds. Dated
coupon or
Feb.
will
sidered.
such other
YORK
CHRONICLE
pal and interest (F-A)-payable at
the
Dobbs
Ferry Bank, Bobbs
Ferry.
No bid for less than par
Wood,
NEW
FINANCIAL
and accrued interest will be
notes.
Dated Feb. 1, 1948. Due Feb. 1,
1949.
The
next
highest bidder
was
&
Sale
The
$3,800,009
167r
purchased
by
a
—
offered
on
297—were
Jan. 27—v.
,
t
syndicate composed of the Chase
National Bank, Phelps, Fenn &
Co., R. J. Van Ingen & Co., all of
New
York,
Wachovia Bank &
Trust Co., of Asheville, First Se¬
curities Corp., of Durham, W. H.
Morton & Co., of New York, In¬
terstate Securities Corp., of Char¬
lotte, Fidelity Bank, of Durham,
and Campbell, Phelps & Co., of
New York, at a price of 100.0032,
a net interest cost of
2.5427%, as
follows:,
,.//
!/-//./.
''-J-'!
$1,750,000 water bonds. $60,000 as
6s, maturing on Feb. 1, $30,000 in 1951 and 1952; $300,000
as
3s, maturing $30,009
from 1953 to 1962; $1,015,009
as
2V2S, maturing $30,000 in
1963; $40,000 from 1964 to
1967; $75,000 from 1968 to
1978, and $375,000 as 2i/4s,
maturing $75,000 from 1979 to
1983 inclusive.
•
street
improvement
bonds, maturing on Feb. 1, as
follows: $120,000 as 6s, matur¬
ing $60,000 in 1950; $30,000 in
990,000
1951 and
1952; $495,000
as
3s,
j
u, wsanwM n *w.x» mmv n
54
K
twv;
THE
(594)
Monday, February 2, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
1
1
and est, or' for less than all: of the
The
$50,000 from 1955 to bonds, will be entertained.
1957;
$55,000 from 1958 to approving opinion of Mitchell &
1960; $60,000 in 1961 and 1962, Pershing, of New York City, will
The
and $375,000 as 2V2S, matur¬ be furnished the purchaser.
ing $75,000 from 1963 to 1967, right is reserved to reject any or
all
bids.
A certified check for
all inclusive.
\V
maturing $30,000 in 1953
■
1954;
•
600,000
sanitary sewer
maturing on Feb. 1,
bonds,
$500 payable to the State Treas¬
urer is required.
fol¬
$20,000 as 6s, maturing
Washington, N. C.
$10 000
in
1951
and 1952;
Bond Offering—W. E.
Easter$105,000 as 3s, maturing $10,)ing, Secretary of Local Govern¬
000 from 1953 to 1961; $15,000
ment
Commission,
will receive
in 1962; $350,000 as 2y>s, ma¬
:ealed bids until 11 a.m. (EST)
turing $15,000 from 1963 to
Dn Feb. 3 at his office in Raleigh,
1967;
$25,000 from 1926 to
:pr the purchase of $400,000 not
1978, and $125,000 as 2V4s,
io
exceed
6%
interest electric
maturing $25,000 from 1979 to
light system coupon bonds. Dated
1983 inclusive.
as
lows:
-
public improvement
bonds, maturing on Feb. 1, as
follows: $20,000 as 6s, matur-
460,000
■
*'
ing $10,000 in 1951 and 1952;
$100,000 as 3s. maturing $10,000 from 1953 to
1962, and
$340,000
as
2%s, maturing
$10,000 in 1963 and 1964; $15,000 from
1965 to 1967, and
$25,000 from. 1968 to 1978 inelusive.
1
able M-S. The bonds will he sold pon bonds. Dated March 1, 1948.
Denomination $1,000.
Due $60,000
the highest bidder, at not less
on March 1, from 1950 to 1969 in¬
than par and accrued interest. All
Bidders may bid for a
bids must state the number of clusive,
to
amount
is
of $211,000 not to ex¬
ceed 6% interest school building,
series B
bonds.
Dated Nov. 1,
1947.
Denomination $1,000.
Due
on
May 1, as follows: $8,000 in
1949; $6,000 from 1950 to 1957;
$10,000 from 1958 to 1968, and
$15,000 from 1969 to 1971, all in¬
clusive, without option of prior
redemption. Principal and inter¬
est (M-N) payable in New York
City. Coupon bonds, registerable
as to principal only.
Bidders are
purchase
requested
of
rates
to name
interest in
rate
the
or
multiples of
14 of 1%. Each bid may name one
rate for part of the bonds (hav¬
earliest
the
ing
another
maturities)
rate for the balance, but
bid may name more
no
rates, and each bidder
cify
in
bonds
less
est
and
his
of
bid
each
the
rate.
than four
must spe¬
amount of
No
bid for
and accrued inter¬
will be entertained.
The ap¬
than
par
Mitchell &
Pershing, of New York City, will
be furnished^ the purchaser.
The
right to reject any or all bids is
proving
reserved.
opinion
A
of
certified
check
for
$4,220 payable to the State Treas¬
urer, is required.
Warsaw, N. C.
less
than
par
and accrued inter¬
cipal
of
ment
the
$6,500,000
issue
au¬
Co., Inc., for 2y2s, at 102.206.
the
at
Nov., 1945 elec¬
Principal/ and interest (M-
tion.
N) payable at the Chase National
Cleveland, Ohio
Bond
>
,
at
legality
,
Offering—F. A. Hanrahan,
the
expense
of
the
A certified check for 1%,
bidder.
Director of Finance, will receive payable to the Board of Education,
sealed bids until noon on Feb. 10 is required.
for the purchase
coupon
bonds as
of $6,250,000 3%
follows:
Columbus,
highest
Bosworth &
next
The
Braun,
was
Bank 'of
National
First
bidder
thorized
(JrD) payable
interest
and
the
at
These bonds are the third instal¬
required.
,
Ohio
.
Exempted Village
Mount Healthy
Ohio
School District,
Offering—Walter R. Hartung, Clerk of Board of Educ.a*
tion,, will receive sealed bids un¬
til 8
p.m.
on
Mareh 3 for the
purchase of $185,000 3% building
Bond
1948^; De-r.
Dated March 15,
bonds.
nomination
Due.on Sept.
$1,000.
Bond Offering.—Agnes Brown
15, as follows: $7,000 in 1949 and
Denomination $1,- $1,300,000 park bonds. Due on Cain, City Clerk, will receive 1950; $8,000 in 1951; ■ $7,000 in
Due on Feb. 1, as follows:
Sept. 1, as follows: $108,000 sealed bids until noon (EST) on 1952; $8,000 in 1953; $7,000 in
from 1949 to 1956, and $109,$7,000 in 1951 and 1952; $11,000 in
Feb. 13 for the purchase of $1,1954; $8,000 in 1955; $7,000 in
000 from 1957 to 1960 inclu¬
1953; $13,000 from 1954 to 1959;
677,000 2% unlimited tax bonds as 1956; $8,000 in 1957;/ $7,000 i in
sive.
$14,000 from I960 to 1962, and
follows:
1958; $8,000 in 1959; $7,000 in
/
$17,000 from 1963 to 1977 inclu¬
1,250,000 general sewer bonds.
1960; $8,000 in 1961; . $7,000 in
Due $50,000 on Sept. 1, from $750,000 relief, sanitary and storm
sive, without option of prior re¬
1962;
$8,000 in
1963; $7,000 in
sewers funds No. 4 bonds. Due
1949 to 1973 inclusive. ; /
demption, Principal and interest
1964 and 1965; $8,000 in 4966; $7,$30,000 on Nov. 1, from 1948
(F-A) payable in New York City.
1,060,000 Cleveland municipal
000 in 1967; $8,000 in 1968; $7,000
to 1973 inclusive.
Feb,
1948.;
1,
000.
,
Bidders
requested to name
of interest in
are
rate
the
or
airport bonds. Due $53,000 on
Sept. 1, from 1949 to 1968 in¬
rates
multiples of Vi of 1%.
Voted—At
Bonds
held
1,000,000 bridge bonds. Due $40,000 on Sept. 1, from 1949 to
1973
v
the
proved
voters
a
J.
Co.,
&
Roose
Charles
A.
bonds.
follows:
$8,000 from 1949 to 1955, and
Due
ap¬
Due
j;
Co.,
Co.,
and
Cincin¬
rate
1/4
Gib¬
of
1, 1951; $7,000 March and $6,000
Sept. 1, 1952; $6,000 March and
$7,000 Sept. 1, 1953; $6,000 March
and Sept. 1, .1954; $7,000 March
1, 1955;, $6,000
March and $7,000 Sept. 1, 1956;
$6,000 March' and Sept. 1, 1957;
$7,000 March and $6,000 Sept. 1,
1958; $6,000 March and $7,000
Sept. 1, 1959; $6,000 March and
Sept. }, i960; $7,000 March and
$6,000 Sept. 1, 1961; $6,000 March
and $7,000 Sept. 1, 1962^ $6,000
March and Sept. 1, 1903; $7,000
March and $6,000 Sept. L 1964;s
$6,000 March and $7,000 Sept. 1,
1965; $6,000 March and Sept. 1,
1966; $7,000 March and
$6,000
Sept. 1, 1967; $6,000 March and
$7,000 Sept. 1, 1968; $6,000 March
and Sept. }, 1969; $7,000 March
and $6,000 Sept. 1, 1970; $6,000
March and $7,000 Sept. 1, 1971;
and $6,000 March and $7,000 Sept.
1, 1972.
Bidders may bid for a
Sept.
different rate of interest in mul¬
V4 of 1%.
received
specified, the highest
the lowest in¬
terest cost to the City will be ac¬
$6,000 March and $7,000 Sept. 1,
1950;
$6,000
March
and
Sept.
tiples of
are
different rate of in¬
than
based
bid
Clerk of Board of Education,
will receive sealed bids until noon
$6,000
If bids
l%>
of
terest
i
purchase
may
based upon a
son,
the
Co., New York City.
bid for a, different
of interest in a multiple of
Bidders
(P. O.
Rogers), Ohio
Bond Offering—Clyde D.
1, 1948. Denomi¬
$1,000.' Principal and in¬
Trust
ing
bidder was Ryan,
Local Sch. Dist.,
inclusive.
(M-S) payable at the Irv¬
terest
Interest pay¬
upon
cepted, such acceptance to he ap¬
proved by resolution of the City
Council.
No bid will be enter¬
made
unless
tained
form to be
by the Director of
bids will
none.
a
blank
request
Finance. Con¬
not
be
con¬
for each lot or for
Split rate bids will
single
issue,
on
any
interest rates may
be bid for different issues. 7U the
request of the
owner,;-coupon
bonds
may I he
exchanged < fpr
bonds registered as to principal
and interest Coupon bonds alsQ
but
different
registered as tq principal
and thereafter be transfer¬
able to bearer. These bonds were
may
be
only,
authorized at a special election in
May. 1946. The favorable opinion
of Squire,
Sanders & Pempseyv
of Cleveland, with a full franr
script of the proceedings will be
furnished
the
purchaser.:, < The
bonds will he
land or New
March
about
delivered in Cleve¬
York City,; on or
10.
A
certified
of the amount of
payable to the City
Treasurer, is required.
for
check
£%
bonds bid for,
Columbus
Nov.
City Sch. Dist., Ohio
Offering—W. V, Drake,
Clerk Treasurer of Board of Edu¬
cation,
will
noon on
chase of
receive
Due
the
are
bonds
au¬
on
1, from 1949 to 1958 in¬
clusive.
50,000 health and safety center
building fund No. 1 bonds.
Due $2,000 on Nov. 1, from
r
1949 to 1973 inclusive.
1948. Denomi¬
A certified check for $2,t
in 1946.
000 is
required.
1 .*
V,
.
Local School District,
Poland
and
1951
$10,000
These
Board.
thorized at the November election
improvement fund
bonds.
2
No.
1973
to
proceedings looking to this
issue have been taken under su.t
pervision of Squire, Sanders &
Dempsey, of Cleveland, whose ap¬
proving opinion and the printed
bonds will be furnished by the
1954 inclusive.
r
Ohio
Sale.—The
Bond
im¬
$100,000
provement bonds offered on Jan.
26—v.
298—were pur¬
chased by McDonald & Co., of
Cleveland, as 2V4S, at a price of
100.555, a basis of 2.12%. Dated
Feb.
1, 1948.
Due serially on
Dec. 1, from 1949 to 1968 inclusive.
167,
Interest
p.
payable
The
J-D.
ne*t
highest bidder was Hayden, Miller
& Co., for 2y4s, at 100.347.'
$1,000.; Principal and in¬
(M-N) / payable at the City
nation
terest
bid for
a
sealed
bids
Feb. 17 for the pur¬
1,200,000 2% school cou-
Bidders ^may
office.
a
request. Bids may be
made separately for each lot or
for all or none.
Split rate bids
Clerk upon
not
will
OKLAHOMA
be
considered
on
v
Bond Offering—L. M.
the
inclusive.
& Dempsey, of
printed
nished and
Bonds
will
for
Fairfield
in 1962.
!
Bricker,
Clerk
Board
at
1
ing,
on
$200,000 build¬
unlimited tax bonds offered
22—v. 167, o. 208—were
Jan,
purchased by Stranahan,
Harris &
%
the bonds authorized
are
election
held
School
on
Jan.- 20.
District,
Qkla
Offering—Sealed bids will
received by the Business Man¬
Bond
be
until 7. p.m. Feb. 2 for the
of
$90,000 ; building
purchase
These
bonds, J
authorized
at
are
the
the
held
C:.-;;'
|on Jan. 20. V.
f
bonds
election
Hint on, Ohla. W
Sale—Thel $15,O0Q water
Bond
bonds offered on
purchased, by the
First National'Bank of Hintpm -as
IVzs, Dated Fep. !,i 1940.
$3,^
000 from 1951 to I960 indusivp.r T
works
system
iJan.n 20
were,
.
Nowata School
Bond
Distrlit,Okla. i
Offering-^S.;
»
A. ' Lang,
Clerk of Board of Education,"
will
receive sealed bids until 7 p.m. on
Feb. 5 for the
purchase of $85,00$
building bonds.
Due $8,000 from
1951 to 1959,, and $13,000 in 1960.
The bonds will be awarded to the
bidder offering the lowest
Ohio
Bond Sale—The
the
ager
,
Local School District,
"
'
Ardmore
$106,000 not to exceed 3% in-?
terest
building
bonds, v Dated
required.
/
,
W.
Denomination $1,000.
1, as follows: $5,000
from 1949 to 1902, an.4 $4,000 from
1963 to 1971 inclusive. - Rate of
interest to be ip multiples of ;1/4
of
!%-.
Interest' payable.- M-N.
The bqnds will be sold; to the
highest bidder at not less than par
and accrued interest.
The pro*
ceedihgs authorizing the issuance
of the bonds have been prepared
by Bricker, Marburger, Evatt &
Barton, of Columbus, whose opim
ion will be furnished the purr
chaser, without cost. A certified
check for $1,100 payable to the
from 1951
1957.
These
Dec. 1,1947.
Due on Oct.
building
auxiliary
inclusive.
25,000 fire and street equipment;
bonds, Due $5,000 from 1951
to 1955 inclusive.
/
of
Germantown
1959
1951
v
46,000 negro civic center build¬
ing bonds. Due $6,000 from'
>; 1951 to 1956, and $10,000 ip
District
of Educa-.
'.
extension
system
Due $7,000
bonds.
to
tion, will receive sealed bids until
noon on Feb. 5 for the purchase
Board of Education, is
fair
63,000
1%
School
'
Due $10,000 from
bonds.
to 1960 inclusive.
bonds will be fur-r
paid for by the City.
be delivered at the
Local
•-;r
water
100,000
:
Squire, Sand¬
Cleveland, and
(P. O. R. F. D. No. 4
London), Ohio
Bond Offering
—
Charles
''••Vv■
•
office; A certified
of the amount of
bonds bid for, payable to the City
Treasurer, is required.
check
1951 to 1960
.
128,000 exhibition building completion bonds. Due $10,000
from 1951 to 1961 and $18,000
Clerk's
City
bonds.
extension
sewer
Due $15,000 from
as
the
for
.
$150,000
pon
ers
sealed
receive
purchase of $512*000 bonds as
follows:
single issue, but different interest
rates may be bid for different is¬
sues.
The bonds are to be in cou¬
vorable opinion of
will
Clerk,
City
bids until 8.30 p.m. on Feb. 2
any
form but may be registered
provided by the law. All bids
must state the number of bonds
bid for and the gross amount of
bid and accrued interest.
The fa¬
Ardmore, Ohla.
Thurston,
'
different rate of interest
multiple of *4 of 1%. No bid
will be entertained unless made
on
a form furnished by the City
in
Bond
until
and
1950,
100.000 street
all or
not be
considered
in
1949
$17,000 from
$16,000
1971
from
The
100,000 motor vehicles and motor
driven equipment fund No. 4
bonds.
Due on Nov. 1, as fol¬
lows:
1970,-and $7,-r
inclusive.
1969; $8,000 in
000
to 1958 inclusive.
Bids may be made sepa¬
sidered.
rately
on
furnished upon
ditional
and
.1951,
Treasurer's
improvement
Due $5,000 on Sept. 1,
Dated March
nation
10
in
;
Due
1, from 1949
from 1949 to 1958
No.
1949 to
$18,000 from 1952
from
$17,000
Dated March 16,
40,000 Cuyahoga
River im¬
provement
bonds.
Due on
Sept.
1,
as
follows: $1,000
from 1949 to 1958, and $2,000
from 1959 to 1973 inclusive.
Toledo,
of
&
\
and
house bonds.
Sept. 1, from
Sept.
on
bonds.
Cleveland,
of
Co., Hayden, Miller
for
on
50,000 cemetery
Co., jointly, for 2V2S, at 101.17.
9
market
$5,000
$4,000
and Sweney, Cartwright &
Feb.
1956 to 1971 in¬
:?to 1973 inclusive.
(M-N) payable at the
office of the Director of Finance.
on
lows:
as
'
Jan. 26—
and interest
Beaver
1,
clusive.
100,000
2V2S, at a price of 101.44
a
basis of 2.35%.' Dated Jan. 1,
1948. Due serially on Nov. 1, from
1949 to 1973 inclusive. Principal
& Co.,
Sept.
on
$9,000 from
as
Sutherland &
1973 inclu¬
to
fund
bonds. Due on Nov. 1, as fol¬
v
Sept.
on
equipment
'
1949 to 1968 inclusive.
Hinsch
The next highest
.
100,000 incinerator bonds.
Browning & Co., both of
nati,
and
hospital
City
200,000
Fox,
Reusch & Co., Nelson,
Browning & Co., both of Cincin¬
nati,
\
sive.
purchased by
syndicate composed of William
&
$16,000
1949
from
1,
167, p. 298—were
Mericka
:
parks, playgrounds,
facilities
recreation buildings,
'
'
Ohio
works bonds offered on
v.
;
1, from 1949 to 1973 inclusive.
300,000 police and fire station
bonds.
Due $12,000 on Sept.
Sale—The $600,000 water
'Bond
Due
bonds.
OHIO
"•
;
lakefront development
400,000
$158,000 sewer system bonds.
Akron,
1, from 1949 to 1953 inclusive.
177,000
1970,
to
1961
from
both inclusive.
of $327,000
issuance
500,000 sewage treatment works
bonds.
Due $20,000 on Nov.
inclusive.
$21,000
'
system revenue bonds, and
water
.
450,000 recreation bonds, / Due
on
Sept. 1, as follows: $20,000 from
1949 to 1960, and
election
an
the
20
Jan.
on
;
1
clusive.
$305,000 not to exceed 3% interest
building bonds. Dated Dec. 1,1947.
Denomination $1,000.
Due $7,000
Easter- on March and $6,000 Sept. 1, 1949;
Offering—W. E.
ling, Secretary of Local Govern¬
ment
Commission, will receive
sealed bids unfil 11 a.m. (EST)
on Feb. 3 at his office in Raleigh,
for the purchase of $25,000 pot
tp exceed 6% interest municipal
building coupon bonds.
Dated
Dec, 1, 1947. Denomination $500.
Due pi> June 1, as follows: $1,000
in I960 and 1951; $1,500 from 1952
tp 1956; $1,000 from 1957 to 1959;
$1,500 from 1960 to 1963; $1,000
in 1964 and 1965, and $1,500 from
1966 to 1968 inclusive, without
option of prior redemption. > Prin¬
cipal and interest (J-D) payable
iii New York City. Bidders are
requested to name the rate of in¬
terest in multiples of
of 1%.
Each bid may name one rate for
part of the bonds (having the
earliest maturities) and another
rate or rates for the balance, but
no bid may name more than three
rates, and each bidder must spe¬
cify in his bid the amount of
bonds of each rate. Registerable
as to principal
only. No bid for
Bond
mul¬
Bank, New York. Approved as to
Nashville; Keane, each rate. Each rate must be bid
Taylor & Co., A. G. Becker & Co., for bonds of consecutive matur¬
Detmer & Co., Oscar Burnett & ities. No bid for less than par and
Co., and Rand & Co., for $995,000 accrued interest will be enter¬
as 2s; $1,325,000 as 21/2s, and $1,tained. The approving opinion of
125,000 as 2%s, at 100.0105.
Reed, Hoyt & Washburn, of New
York City, will be furnished the
NORTH CAROLINA
purchaser. A certified check for
Harnett County,
N. C.
$8,000 payable to the State Treas¬
Bond
Offering—W. E. Easter- urer, is required.
ling, Secretary of Local Govern¬
ment
Commission,
will receive
sealed bids until 11 a.m. (EST)
at his office in Raleigh, for the
Education,
of
Board
the
to
a
Germantown.
check for $3,100 pay¬
certified
Bank,
Union
delivery. These
authorized at the pri¬
different rate of interest in
tiple of 1/4 of 1%.
Split interest
rates
will
not
be
considered.
election held on May 6, 1947.
mary
able
gross
accrued in¬
and
of
date
bonds were
A
the
and
for
bid
of
to
terest
Each bid
Dated Feb. 1, 1948.
Principal may name one rate for part of
and
interest
(F-A)
payable in the bonds and another rate for the
New York City. The next highest balance, but no bid may name
bidder was Halsey, Stuart & Co., more than four rates of interest,
Lehman Bros., Blair & Co., Inc.; and each bidder must specify in
E. H. Rollins & Sons, Commerce his bid the amount of bonds of
,
bid
bonds
Co., Inc.of Toledo, as 2y4S, at a
price of 100.184, a basis of 2.233%.
Dated Dec. 15, 1947., Due .serially
from 1949 to 1968 inclusive. Prin¬
rate of
interest
and
held
Jan. 20. A certified check-
agreeing to pay par
and accrued interest. These bonds
were
authorized at the election'
on
THE COMMERCIAL
167 Number 4669
Volume
Farmers
for 2% of the amount bid, is re-
\
Bank,Quarryville,; for
100.17.
'
- >
- :
'
.
Wis, at
\//quired,'J.
.
.
.
FINANCIAL
&
V
f
%
'
I
i
the
the
of Trustees. The purchaser
place
be named by
if - acceptable to
may
as
purchaser,
Board
(595)
and
on
and
and
after
Jan.
for
1958, at 105
1,
interest.
accrued
•
;
,
of
rates
.interest
and
The group
1.22%, were rejected.
Principal
bid
interest
(J-J) payable at the
Mercantile National Bank, Dallas.
!;• East Drumore Township Sch. Dist., will be furnished with the ap¬
■.•:.'■ - Pennsylvania
*//•'";/ proving opinion of Huger Sinkler, Approved as to legality by Gibson,
Bond
Sale —The $29,000 conT
of Charleston.
Unless permission Gibson & Boothman, of Austin.
"City Clerk, will receivesealed
struction and equipment bonds of¬
bids until 1.30 p.m. on Feb. 3 for
is otherwise granted bids will be
fered on Jan. 27-^v. 167, p. 483—
'; Port Arthur Indep. Sch. Dist.,
the
conditioned upon this opinion.
purchase of $150,000 light
A
Texas
were
purchased by a syndicate certified check for
$10,000 payable
,..si-plaht equipment purchase bonds.
Bids Rejected—No bid was ac¬
composed of
Singer, Deane
& to the Board of Trustees, is re¬
rDue $18,000 from 1950 to
1957,
cepted for the $2,300,000 school
Scribner, Fauset Steele & Co.,
and $6,000 in 1958.
The bonds
quired.
bonds offered on Jan. 28—v.' 167,
and Arthurs, Lestrange & Klima,
: will
be awarded to the bidder of¬
Wellford School District No. 48,,
p. 484.
all of Pittsburgh,; for 2%s, at a
Pawhuska, Okla.
h Bond
55
1.32%
CHRONICLE
>
for issues of¬
rate of 1.32%
a
authorities of the follow¬
fered by
named municipalities, all of
notes being dated Feb. 19, 1948
and maturing Feb. 25, 1949, ex¬
Offering-—Charles M. Hirt,
ing
cept in the case of those of Chi¬
■.
111., which are to mature on
1948: Brownsville, Texas;
County, Ore.; Contra
County, Calif.; Fayetteville,
cago,
Nov. 9,
Clackamas
'
Costa
r
fering the lowest rate of interest
price of 101.16, a basis of 2.476%.
Dated Feb. 16> 1948.
Due serially
on Feb. 16, from 1949 to 1968 in¬
clusive.^
Interest
payable
F-A.
-"l and agreeing to pay par and ac•crued interest.
A certified check
1 for 2%
of the amount bid, is re-
/'/quired;*'•/*
-
Bond
k»-.
Sale—The
!
Farmers
on
—were
Fulton
;
•
fered
; I- Due serially from 1951 to. 1965
I inclusive,: • These are the bonds
/ authorized
'/
on
held
election
the
at
Dec. 16, 1947.
r
..
on
were
.'///
2.737%.
$25,000
purchased
con¬
{;"
,i
'<
■
OREGON
-
'/'V/
:
F-A. The next highest bidder .was
!;,!
Bond Offering—W. F. Gaaren^
^ stroom, Director of Veterans' Afr fairs,
will
receive sealed bids
r until
10 a.rmZ (PST) on-Feb. 20
at.100.35.
Z
for the
purchase of $1,000,000 not
2% interest Veterans'
exceed
to
,i
welfare
Dated
bonds.
coupon
,
/\vp'/:;/C ,'///
Township (P. O. v'V.f
Schellsburg), Pa. f- .vi-."
Sale—An issue of $4,500
Napier
:
.
:
Co., and Arthurs, Les¬
Klima, jointly, for 3s,
&
Bond
general obligation bonds was pur¬
recently by the Hartley
National Bank, of Bedford, as 3s.
chased
Denomination $1,- at a price of 106.666, a basis of
!
000.
Due on April 1, 1958, sub- 2.652%.
Dated Feb. 1, 1948.
De¬
./•
ject to optional redemption by the nomination $500.
Due $1,500 on
/ State, in numerical order, ,or in Feb. 1, from 1949 to 1951 inclu¬
Interest payable FA.
;o/,
-y their entirety, on April 1, 1953, sive.
and upon any interest paying date
Tremont Township (P. 0.~pp
f thereafter, upon 30 days' prior
Pine Grove R. D.
April 1,
1948.
;
published
notice of proposed re-
.J' demption. The purchaser will be
-
'
furnished
with
unqualified
the
r"| legal opinion of Winfree, McCul[ loch, Shuler & Sayre, of Portland,
.
of the
interest
(A-O) payable at the State Treasurer's office. The bonds will be
approving
the
validity
bonds.
Principal
and
:
j
/
*
the
'
will
>; for
<
;
direct" negotiable
ligation
and
be
bonds
sold
each
at
$100
accrued
of the
not
general obState, and
than $95
less
value
par
interest
thereof
thereon,
to
/ j the bidder offering the lowest ef¬
rate
fective
I i
:
i
/
i
or^rates
interest
of
upon' the bonds, based upon aggregate interest cost upon the is-
computed to the final matur/ ity date of the issue. A certified
check for 3% of the par value of
sue
■/:"* the bonds, payable to the above
Director, is required.
Bond
Offering
—
3), Pa. p
Michael
F.
Wenrich, Township Secretary, will
receive sealed bids until 7 p.m. on
Feb. 4 for the purchase of
road
$20,000
improvement coupon bonds.
Dated
Jan.
1, 1948. Denomination
$1,000.
Due $1,000
1949 to
1968
Pine
Jan. 1, from
Principal
on
inclusive.
(J-J) payable at the
and interest
National
Grove
Bank
&
Trust
Co., Pine Grove. 1 Registerable as to principal only.
Bonds
maturing after Jan. 1, 1952, are
callable in whole or in part in in¬
at par and accrued
1, 1952,
or on any
interest on Jan.
interest paying
Bidders to
date thereafter.
name
the rate of interest in
Vs
1%.
of
for
Jan.
the
multiples of
Bids will be received
issue
entire
rate of interest,
but
at
any
bid
no
San
a
Jan. 1, from
on
The
inclusive.
one
com¬
Feb.
on
until
bids
sealed
12
for
Texas
Frank
will
Clerk,
City
lagher,
next
Antonio,
Offering—J.
Bond
1,
TENNESSEE
•v.
Signal Mountain, Tenn.
'
Details—In
Sale
Bond
connec¬
tion with the sale of the $115,000
water works
as
bonds to J.
revenue
&
Bradford
C.
Co., of Nashville,
3%s, as reported in our Jan. 26
issue—v.
167,
10
Orleans, La.; Providence,
I.'; Richmond, Calif.; Richmond,
Va.; Rock Island County, 111.; San
Bernardino County, Calif.; Scran-
New
R.
Gal¬
receive
ton, Pa., and Seattle, Wash.
The
group bid a rate of 1.22% for the
Boston, Mass., notes, dated Feb.
a.m.
(CST)
purchase of
the
$6,000,000 not to exceed 3% in¬
public improvement general
revenue,
series
A-47,
sanitary
sewer
plant and system bonds.
Dated Feb. 15, 1948. Denomination
483—we learn that
p.
entered
Bids
mature on
to
due
19, 1948 and
May 25, 1948.
the
by
Bessemer
Co., Jersey City, for notes
included in the Jan. 27 offering
Trust
likewise
bid
$1,000.
Due on Feb. 15, as fol¬
lows: $223,000 in 1949; $230,000 in
1950; $237,000 in 1951; $244,000 in
1952; $251,000 in 1953; $259,000 in
1954; $266,000 in 1955; $275,000 in
rejected. The bank
1.18% for notes of
were
of
rate
a
Wash.,
Seattle,
Richmond,
and
Va.; 1.19% for Fort Smith, Ark.;
Madison County, 111., and Rich¬
mond, Calif.; 1.20% for Clacka¬
mas County, Ore.; 1.21% for Fay¬
etteville, N. C., and Providence,
1957; $291,000 in R.
I., and 1.22% for Brownsville,
1959; $309,000 in Texas.
102.173, are dated Dec. 1, 1947,
•
<
1961; $328,000 in
and mature on Dec. 1, as follows:
With respect to the $1,083,000
1963; $348,000 in Hawaii
$1,000 from 1949 to 1953; $2,000
Housing Authority notes
1965; $369,000 in offered on
from 1954 to
1958; $3,000 from
Jan. 28, the Chemical
1967, and $393,1959 to 1965; $4,000 from 1966 to
Bank syndicate named an interest
000 in 1968,
Split rate bids are
1973; $5,000 from 1974 to 1976,
rate of 1.32%, which was also re¬
limited to multiples of
of 1%;
and $32,000 in 1977, all incl.
jected.
Notes are dated Feb. 24,
not more than three rates to any
1948 and mature on March 1, 1949.
TEXAS
bid.1 Principal and interest (F-A)
payable at the City Treasurer's
VERMONT
Brownsville Navigation District
offices, or at a bank in New York
•(P. O.1 Brownsville), Texas
Montpelier, Vt.
City, designated by the bidder.
Bond Call—G. E. Dodd, Presi¬
Bond Sale—The $157,000 equip¬
Proposals shall be made on bid
dent of Board of Navigation and
forms to be supplied by the City ment bonds offered on Jan. 28—v.
Canal Commissioners, announces
Auditor on request.
No bid for 167, p. 484—were purchased by
that the $30,000 3 % % par value
less than par and accrued interest Smith,
Barney & Co., of New
refunding bonds, series A, Nos.
will be considered. - The bidder York, as IV2S, at a price of 101.130 to 159, are called for redemp¬
shall
pay
for
the
approving 038, a basis of 1.337%. Dated Dec.
tion on March 1, at par and ac¬
opinion of Wood, King & Dawson, 1, 1947. Due serially on Jan. >,
crued interest.
Dated March 1,
of New York City, but the City from 1949 to 1968 inclusive. Prin¬
1945.
Due March 1, 1965.'Holders
will pay for the printing of the cipal and interest (J-J) payable
should send their bonds with all
bonds and the City will supply
at the Central Hanover Bank &
coupons maturing subsequent to
the opinion as to the legality of Trust Co., New York City.
The
March 1, 1948 attached, to the Na¬
the bonds by the City Attorney next highest bidder was Halsey,
tional City Bank, New York City,
and the approval of the AttorneyStuart & Co., as IV2S, at a price
on
or
before that date for
the bonds
sold for
were
a
price of
pay¬
Interest
ment.
called.
ceases
date
on
Z
1956; $283,000 in
1958; $300,000 in
1960; $318,000 in
1962; $338,000 in
1964; $358,000 in
1966; $380,000 in
General of the State.
Sch. Dist.,
be delivered and
will
certified check for 2%
amount bid, payable to the
A
days.
of the
Texas
Bond Sale—An issue of $94,000
refunding, series 1947 bonds was
purchased recently by the First of
Texas Corp., of San Antonio, as
2%s, 3s and 3V2S.
Dated Dec. 1,
1947.
as
Parkhurst
of 100.766.
WASHINGTON
Clark County, Vancouver
Shamrock Indep.
Wash.
Sch. Dist., Texas
Sold—An issue of $144,-
Bonds
refunding bonds was sold to
000
Co., of Dallas.
R. A. Underwood &
Silverton,
Texas
Bonds Sold—An issue of
Dallas.
School
(P. O. Vancouver),
District
City, is required.
to legality by
& Crowe, of
Approved
McCall,
The bonds
paid for at
City Treasury; delivery in 45
the
Colorado City Indep.
numerical order of maturity,
verse
by loca.
bank.
N. C.; Fort Smith, Ark.;
Glen¬
dale, Ariz.; MadisOn County, 111.;
terest
Farmers
Quarryville, at
2%s, at a price of 100.07/ a basis
of 2.734%.
Dated Feb. 16, .1948.
Due serially on Feb. 16 from 1949
to 1968 inclusive. Interest payable
trange
109.35,
Dated
serially
1961
to
National Bank, of
Steele :&
Oregon (State of)
a
Jan. 27—v. 167, p. 483—
by the
484—were purchased
p.
highest bidder was A. M. Law &
Co:, at 109.27.
Singer, Deane & Scribner, Fauset,
/'|
Due
1949
struction and equipment bonds of¬
I $60,500 water works bonds.
at
1948.
of
price
Atlanta,
Sale—^The
Indep.
the
.
Bond
■
10,000 street bonds.v
j 3,000 sewer bonds.
'
167, p. 299—were purchased by
Robinsons-Humphrey Co., of
v.
for
.
Sch. Dist., Texas
Bond Sale—The $125,000 school
bonds offered on Jan. 27—v. 167,
school bonds offered on Jan. 23—
Township School District
O. Kirkwood), Pa.
(P.
Canfield and E. M. Clohessy, both
Uof Oklahoma City, jointly, as follows:, ./J..///. /:' '
/
..
the
was
Rosebud
; f'
basis.of
bonds
$73,500
bidder
Quarryville,
Bank,.
2%s, at. 100.61.
■
Jan. 27—v. 167, p. 299
purchased by Calvert &
goffered
.
next highest
The
Waurika, Okla»
Spartanshurg County (P. O.
:1 Spartanshurg), S. C.
Bond Sale — The $37,500 4%
•
$20,000
County to Place Bonds on Mar¬
plans
construction and
equipment bonds. These are part
of an issue of $600,000 authorized
ket.—The County Treasurer
to offer $300,000
election.
at fhe November 1946
•
PENNSYLVANIA
bining two different rates of in¬
terest will be accepted. The bonds
will
/''./'■/ C half ant,
Bond Sale—The
i
^
Pa.
■
be
sold
$15,000 general
to
accrued
interest.
•
i
:
Sale—The
$27,000
con-
struction and equipment bonds of-
i
fered
i
the
on
//
price of 100.68, a basis of 2.564%,
Dated Feb. 16, 1948.
Due serially
Feb. 16, from 1949 to 1968 inelusive.
Interest' payable
F-A.
next highest bidder was the
/;
on
i
!
the
bonds,
payable to
/
Jan. 27—v. 167, p. 483—
•
/if
of
Township, is required.
were
purchased by Singer, Deane
"& Scribner, Fauset, Steele & Co.,
fV-; and Arthurs, Lestrange & Klima,
m all
of Pittsburgh, as 2%s, at a
•
amount
The
/j; Farmers Bank, Quarryville,
/,/: 2%s, at. a price of 100.559.
for
/.
The bonds will bear interest at a
rate to be determined
cessful bidder in
1/10 of
or
Union
Hospital
(P. O. Union), S. C.
Offering—A. P. McElroy,
Chairman of Board of Hospital
District
Bond
Trustees, will receive sealed bids
until
11
a.m.
Feb. 16 for the pur¬
of $500,000 hospital bonds.
Dated March 1,1948.
Denomina¬
chase
tion
for
same
$1,000.
Due on March 1, as
$15,000
from
1949 to
follows:
;J Drumore Township Sch. Dist.> Pa. 1952; $18,000 from 1953 to 1955;
i.-Bond Sale—The $15,000 con- $20,000 from 1956 to 1961; $22,000
1962 to
1964, and $25 000
u
struction and eauipment bonds of- from
fered on Jan. 27—v. 167, p. 483— from 1965 to 1972, all inclusive
Bidders to name the rate or rates
were
purchased by a syndicate?
t
composed of Singer,
Deane & of interest which the bonds are
I
Scribner* Fauset/ Steele & Co., to bear and they will be awarded
\
.
a
the
of
suc¬
to
of
date
No
bonds.
delivery will
Bids must
considered.
be
on
prescribed form.
Legal opinion
of Vandewater, Sykes & Heckler,
of New York City. The right is
reserved to reject any or all bids,
waive
irregularities or to accept
any bid considered most advan¬
tageous to the District.
A certi¬
fied
check
for
2%
of
the
value of the bonds bid for,
quired.
New
re¬
Indep.
Texas
Sch.
.
Dist.,
V»;'-
Bond Sale—An issue of $50,000
stadium
revenue
bonds
was
pur¬
,
;
chased
recently
by
Rauscher,
Pierce & Co., of San Antonia, as
take - follows: $10,000 as 23/4s, maturing
$2,000 on Jan. 1, from 1949 to
/
j / price of 100.50, a basis of 2.618%. a price, not less than par and ac¬ 1953, and $40,000 as 3%s, matur¬
! i Dated Feb. 1,6, 1948. Due serially crued interest to date of delivery. ing $2,000 in 1954 and 1955, and
p'. on Feb. 16,,from 1949 to 1963 in-, Principal and interest (M-S) pay-; $3,000 from 1956 to 1967 inclusive.
elusive./ Interest
payable
F-A: able' at the Ghase National Bank, Dated Jam 1. 1948. Bonds matur¬
The next highest bidder was the. New York City, or at such other ing from 1959 to 1967 are optional
''j
and Arthurs, Lestrange. & Klima,
v..!--.
all
of Pittsburgh, for 2%s,
at a
to
thebidder
offering
to
-
them at the lowest interest cost at
3s.
and
Wheeler Indep. Sch. Dist., Texas
Bonds Sold—An issue of $27,000
bonds
construction
recently
to
sold
was
A. Underwood
R.
&
Co., of Dallas.
These bonds were
approved at the election held on
Oct. 25, 1947.
WEST VIRGINIA
Wheeling, W. Va.
Hal
Offering—C.
Bond
Bruce,
City Manager, will receive sealed
bids until 11 a.m. on Feb. 17 fot*''
purchase of $75,000 2% inter¬
colored
recreation
center
the
est
nomination
1, 1947. De¬
Due on July
July
Dated
bonds.
$1,00©.
1, as follows: $2,000 from 1949 to
1972, and $3,000 from 1973 to 1981
Principal and interest
inclusive.
(J-J) payable at the State Treas¬
UNITED
STATES
"
Authority
Rejected for Bulk of Hous¬
Bids
Housing
Public
Federal
Of the $34,286,000
principal amount of notes offered
by various local housing authori¬
ties on Jan. 27—v. 167, p. 95—only
ing
Notes
at
the
&
Trust
for
less
$1,340,000
were
awarded, bids
having been rejected for the re¬
Sales consisted of $460,Chicago
Housing
Authority
notes, dated Feb. 19, 1948 and due
Nov. 9, 1948, to the LaSalle Na¬
tional Bank of Chicago, at 1.10%
$700,000
dated Feb.
also
No
bid
Chicago
19,
notes,
1948 and due
to the American Na¬
tional Bank of Chicago, at 1.125%,
Nov. 9. 1948,
$180,000 Glendale Authority.
Ariz., notes, dated Feb. 19, 1948
and due Feb/25, 1949, to the Val¬
bonds will
ley National Bank of Phoenix, at
which
is
bid
of the
value
syndicate of banks, headed by
Chemical Bank
York
New
ders
for
fering
City,
& Trust
submitted
Co.,
ten¬
virtually the entire of¬
but
of
by
the
These
the
are
the
offers,
providing
approved
Attorney-General.
the bonds authorized at
special election held on May
A certified check for
22, 1947.
of
par
The validity
been
has
State
the
than
less
for
bonds.
bonds
the
of
the
face
value
of
the
2%
bonds,
payable to the City Treasurer,
is
•
required.
WISCONSIN
Wisconsin
Bond
City
LH%.
the
all
considered, nor no
be
and
A
Wheeling.
Co.,
than
—
mainder.
000
Wheeling Dollar
or
Savings
ury,
interest;
Braunfels
.
.
par
is
\
■
2y2s
must be the
1%, and
all
by the
Dated Nov. 1,
1947.
Approved as to legality by
Dumas & Huguenin of Dallas.
at
multiple of Vs
bid for less than par and accrued
be
.County,
Wash¬
000,000 series B, 1948 bonds. Dated
March
10,
1948.
Denomination
$1,000.
Due $150,000 on March
10, from 1949 to 1968 inclusive.
interest
SOUTH CAROLINA
Union
H. L.
—
are
of
Bond
Bond Offering
burn, County Auditor, will receive
sealed bids until 11 a.m. (CST) on
favorable
Feb. 11 for the purchase of $3,-
bonds
The
Elliott &
Pittsburgh, as 2s, at a price of Munson, of Philadelphia, and will
:'
100.583.
The next highest bidder/ be delivered to the purchaser only
if and after the proceedings au¬
was Fauset, Steele & Co., for 2V4S,
the
issuance
thereof
).j at a price of 100.22.
/<?/:'
'i thorizing
have been approved by the De¬
Colerain Township Sch. Dist.
partment of Internal Affairs.
A
;
(P. O. Kirkwood), Pa. !
■ certified check for
2% of the face
i!*
Texas
•
bidder,
obligation bonds offered on Jan.
9—v. 167, p. 94—were purchased, issued
subject to the
by Arthurs, Lestrange & Klima," opinion of Townsend,
f
'
District
the
highest re¬
provided that
such bid is not less than par and
V/Hf-- -///,! sponsible
improvement bonds
was
sold recently to the Rittemoure Investment Co., of Wichita,
works
water
Control
(P. O. Houston),
County Flood
Harris
Rapids,
Issuance
Council
Wis.
Requested-—The
was
recently
re¬
quested by the Water and Light
Commission to authorize an issue
of $300,000
bonds.
water works revenue-^
■56
THE COMMERCIAL
(596)
—
-
FINANCIAL
&
Monday, February 2, 1948
CHRONICLE
-■
i
•
■■
11 ihtiii
Match up
the people and the horns
(It
The
first three,
of
course, are very
to be true,
It
easy.
The
Horn
captain (1)
sea
That leaves
matched
(2).
,
into
the Average American
with the
up
Horn
of
an
U. S. Savings
'
In ten years, as
,
-
the Bonds mature,
these millions will find that
truly created
a
they have
Horn of Plenty
American, you'd like that
Automatic
<
-
For
saving is
for
There
ways
now
are
two easy,
automatic
to buy U. S. Savings Bonds regu¬
larly. The Payroll Savings Plan for men
women
payrolls; the Bond-A-
on
Month Plan for those not
but who have
Let U.
S.
a
years
on
Savings Bonds fill
to come!
payrolls
bank checking account.
personal Horn of Plenty
they'll get back $4.00 for every
sure
v
and
/"V.
themselves!
Plenty (1).
As such
will be—for millions
Bonds.
with the powder horn
,
regularly
money
(4); and the pioneer (3)
to you!)
$3.00 they're putting in today!
wouldn't you?
be—and
of Americans who, today, are putting
the musician (2) with the
(3);
French horn
(4)
with Cape
goes
can
may mean money
...
up your
for the
*
saving—U. S. Savings Bonds
4-'\s
I
.
@FedFRASER