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FFB
?1 1949
mmfm.
URRARV
■
MONDAY
r.
In 2 Sections
Section 1
—
Reg. D. S. Pat. Office
Volume
169
Number
New
4779
General
RAILROAD
Admiral
Corp.—$100,000,000
York, N. Y., Monday, February 21, 1949
Mark
Sales
in
May
INDUSTRIAL
-
INSURANCE
-
Be
Sales
60%
this
will
year
tyom
come
exceed $100,000,000, of which
expected to
are
the
400,000
television
sets
plan
we
Feb.
on
Additional
reported
11
it
that
in
1949
for
sales
follows
growth
a
stock,
series
50,230 shares of prior preferred stock
also reports purchases during the month
a
one-for-nine
and
no
new
factory
the
;
line
stock
of
credit
Continental
In
?
;
;
addition
cash
is
of
This
111.,
a
cents
and
the
New
York
and
extra
New
of
p.
in
and
and
Baltimore
cents
Boston
in
1948.
The
com¬
'
Chicago
3,000
of
excess
general offices
television
and
production
are
main
is
plant
addition,
sets of
Chicago,
plant
a
all types are manufactured;
Harvard,
and
111., plant making table radio-phonograph combinations;
woodworking plant at Shelbyville, Ind.; and complete radio
assembly facilities at Long Branch, Ontario, a sub¬
nersville,
the
Ind.;-
Canadian
In
and
five
to
Boston,
Admiral
in
with
300
local
sales
complete
carry
To
of
Mich.
Chicago,
.*
,
15
the
corporation
for
nationwide
dealer
financing
Corp.
has
all
to
Admiral
Over-the-Counter
credit
will
and
distributors
we
$5,000,000
a
Aetna-Standard
budget for last year.—V.
the
1949.
year
the
At
On
Engineering
New
and
borrowed
date
business
is
the
1948,
a
should
booked
purchased
90-day
a
We
still
at
full
operation
a
shares
to
handle
and
paid
outstanding
of
this
INCOME
total
the
hands
the
75,956
12,118
.
Cost
income
of
sales
Provision
.<■
and
loss
expenses
incl.
depreciation.
investment
on
:
6,756,506
1,232
3,326
2,570
insurance
Federal
State
$7,379,614
5,235,861
—
Interest
Life
i
for
$6,029,052
cc-i
normal
income
_
4,248
230,000
16,707
tax
and
surtax—
taxes,
Common
paid
shares
Earnings
per
on
preferred
on
common
$374,536
1,945
19,534
stock——
stock____
183,416
110,050
366,832
366,832
$1.25
outstanding
$0.97
share___
common
BALANCE
sales
on
surplus,
8,315.1
shares
required
DEC.
31,
progress
722;
inventories
to
able
to
market,
contract
with
$1,409,282;
V.
payable
contracts,
since
of
Machinoimport),
at
the
lower-of
cash
estimated renegotiation
surrender value
of
life
insurance,
rebates due to accelerated
amortization,
sundry securities and accounts receivable,
$3,375;
equipment nifter reserves for depreciation and
property,
amortization
373),
$1,345,470;
patents
and
patent
rights
(nominal
cost
and
royalties,
$78,385;
July
$15,019;
plant, and
$2,296,-
of
1,
and
1940,
accrued
New
EDWARD
Analysis
on
Established
160 S. Main
Street
Bell
OLDEST
System
total,
Federal
taxes
cost
less
(in
treasury
stock—•
of
excess
$190,391
class
156,762
The
$44,821,409
$38,867,846
expenses——
1,772,577
1,821,676
22,698,119
been
the
four
into
301,550
4,008,000
American
Bosch
common
Vto list
made
and
to
the
the
new
be
trading
time
term
of
will
today
have
Bosch
48,766
43,766
income
of
orders
totaling
directors
has
upon
quarterly dividends so long
dividend of 25 cents a share
quarterly dividend of 25 cents per
the
an
new
common
independent
reported
that
both
of
stock
analysis
the
in
in
He
Brush
became
of
A
paid in January and
share is proposed to be
was
Ebasco
advantageous
and
Services
and
fair
169,
Amra.—V.
p.
Joseph
the
Vice-President
to
and
Cyrus
William
B
in
will
1942,
assumed
continue
to
serve
the
E.
additional
Treasurer
as
Brush
Given
Jr.
duties
Assistant
of
the
Secretary in 1947.—V. 169, p. 105.
Kinney,
the
of
Jr.,
Pacific
President,
Metals
Feb.
on
14
announced
the
appoint¬
Co.,
Ltd., as the exclusive sales agents
California, Arizona, Nevada and Utah.
Pacific Metals, which has offices in Los
Angeles, San Francisco, San
Diego and Salt Lake City, Utah, represents other metal
firms'such
as
International
Nickel
Co., Lukens Steel Co., Crucible Steel Co.
and Revere Copper and
Brass, Inc.
The naming of Pacific Metals
Co., one of the largest distributors
of
the
company's cladmetals
technical
another
American
and
585,193
3,310.480
741,071
559,775
{3,907,016
3,943.295
$1,052,829
$796,371
$9,909,233
$9,699,622
272,392
sales
step
in
in
organizations
the
Cladmetals
Canada
303,215
3,340,751
3,087,291
$780,437
$438,156
$6,568,482
$6,612,331
105,000
105,000
1,260.000
1,260,000
$675,437
$383,156
$5,303,482
$5,352,331
The
per
is
national
Co.
expected
in
the
sales
During
this
metal
system
year,
industry, as distributor
being developed for
now
coverage
the
on
$1.50
and
March
per
on
Feb.
on
the
common
made
was
to
be
completed.—V.
169,
p.
of
this
country
697.
Colortype Co.—Extra Dividend of 20 Cents
directors
share
record
deducs
$1;
Net
Divids.
income
pfd.
on
stock—
1,
1949.
Dec.
15 declared
an
extra dividend
of 20 cents
quarterly dividend of 30 cents per share
both
payable March 15,
1949 to holders of
regular
stock,
15,
share.—V.
An
last,
168,
extra
distribution
which
brought
p.
of
total
30
cents
payments
per
in
share
1948
to
2317.
American & Foreign Power Co., Inc.—No
Div. Action
No
tors
Balance
-V.
168, p.
2677.
Distributors
Dealers
action
on
stocks
as
MUNICIPAL BONDS
the
of
taken at the Feb, 15
meeting of the board of direc¬
of dividend payments on the
$7 and $6 preferred
company.
The company, in this connection, announced
"The
payment
of
these
dividends
is
not
a
matter
of
was
matter
the
follow:
St. Louis Listed and Unlisted Securities
Edward D.Jones & Co.
Established
qAllen
&
MUNICIPAL
30
BROAD
STREET
Telephone: HAnover
2-2600
300 North
Company
Established 1922
City 1
464
Inc.
to
597.
American Cladmetals Co.—New
Distributor Appointed
v
ment
American
585,193
(3.713,848
)
income
1899,
Salt Lake
The
permit.
Co.—Changes in Personnel—
Treasurer
1947.
Bosch
policy
conditions
as
proposal,
is
Bosch
Shoe
the
April.
the
of
consolidation
American
elected
the
over
$35,000,000.
over
established
regular
on
Mr.
acqui.
taxes—)
other
& COMPANY
Teletype SU
ithe
on
therein
cease.
unfilled
board
to
loan
$1,000,000
stock
common
which
reduced
serial
balance
commence
at
will
five-year
a
3,648,190
of
pit.
adjustments
&
out¬
21,889
on a share for share
Amra common stock will
with
years
consolidation
stock
17,681,065
334,000
Amortiz.
Gross
into
stock,
totalling $6,585,000
refunded
for
Exchange
of
A
Dunn,
Secretary
of
is
1948—12 Mos.—1947
$3,523,138
General taxes
Int.
shares
21,889
converted
American
Amra
and
1948—Month—1947
depreciation...
for
of
on
$3,949,243
Request
INVESTMENT HOUSE IN UTAH
into
basis.
be
REVENUE and GENERAL OBLIGATION
L. BURTON
,
will
common stock
$912,194;
expenses,
and
state
$2,339,251;
stock—at
Underwriters
Amalgamated Sugar Co.
share
of
In
Co.—Earnings-
revenue
Operating
Prov.
classes
or
$22,668;
amount),
converted
for
.44
$894,476;
preferred
Alabama Power
progress applic¬
O.
be
preferred
Amra
be
year
has
Stock
stockholders
be
1948
$1,646,987; trade accounts receivable (incl.
$378,365
billing to V. O. Machinoimport), less
reserve, $1,629,(incl. $121,448 on uncompleted work in
two
in
has
ASSETS—Cash,
unpaid
have
trading
another
appropriated from earnings for redemption of preferred
stock), $766,913, and 4,920 shares of common stock, at par value,
$4,920), Dr$771,833; total, $6,150,909.—V. 167, p. 841; V. 168, p. 1137.
Fed.
SHEET,
and
will
a
years.
York
paid
44
commissions,
the
company.
12,500
$463,752
paid
Dividends
44
income
(est.), $872,050; reserves ior roll adjustments and macninery
guarantees, $157,633; 5% preferred stock (par value $100), $909,300;
common
stock
(par
value
$1),
$371,752;
capital
surplus,
$466,088;
Gross
profit
Dividends
Bosch
Mr.
insurance,
$6,150,909.
Period End. Dec. 31—
Net
,
2,746
304,682
_
income
tax___.
Bosch
will
stock
according
prepaid
is
The'
$100 par value, and a com¬
outstanding shares of American
President.
earned
Total
Bosch
outstanding shares of
948,560 shares
of
new
into
American Brake
advances
1947
$7,367,495
will
share
a
preferred
Kempton Dunn has been elected
has
been
elected
Secretary,
LIABILITIES—Accounts
1948
in five
paying
44
amount
of
on
American
Application
and
We
$5,953,096
sales'; iA.iii.wCii
Other' income
—w_.
_
>
stock,
of Amra
which
American
preferred
ACCOUNT
Net
43'
Federal Reserve System
which
company.
Preliminary figures indicate combined net earnings for 1948
$2,000,000 with increased earnings forecast for 1949.
50
Combined Condition Statement of Federal
for
Bosch,
that
in
stock,
156,762
1,185,700
American
present
Corporation & Investment Ncws.Cover
Reserve Banks
of
Amra
the basis
on
$3,000,000
rate.
matter.
the
in
€ Months Ended Dec. 31—
f
The
New
:
American
stock
of 8/10ths of a share of American Bosch for each
share of Amra.
Upon consummation of the
consolidation, American
Bosch
will
have outstanding
21,889 shares of preferred stock and
1,105,322 §hares of common stock.
:
\
Concurrently with the consolidation the present term bank loans
;,.i
Dividends Declared and Payable
Re¬
public 777.9 shares of preferred stock.
CONSOLIDATED
stock
new
converted
of
Condition Statement of Member Banks of
7,035.7
period
have
,
Redemption Calls and Sinking Fund Notices__44
Jan. 28 said
on
warrant
short-term bank loan
for
money
due date.
had
we
.
33
State and City Bond Offerings—_—
The Course of Bank Clearings
:
201.
p.
Co.—Semi-Annual
being
41
24
General
satisfactory
every department is operating at a profit.
the
its
on
14.
arranged
this
of
as
present time
Sept.
stock
off
hand
on
169,
American
preferred
common
A
shares
of
stock,
Markets—_—il..--^-_----42
Foreign Exchange Rates
port—Ernest E. Swartswelter, President,
in part:
Orders
Section
corporation
July 1948 from
the Alien Property Custodian.
to
successor
The
consummation
year.
with
be
24
them
on
of
outstanding
purchased- by
par value.
common
basis.
39
due
newspaper,
magazine and television advertising program in
history. To reach our objective of $100,000,000 in sales in 1949,
$8,000,000 will be spent on promoting the Admiral name this
compares
38
Miscellaneous Features
our
This
as
stock
common
the
was
cumulative
class
new
shares
Transactions New York Stock Exchange—
The
help
embarking
are
heaviest
i
of
standing
in¬
cover
dealers.
B
of
stock
consolidation,
5%
stock, $2
"Bosch
Transactions New York Curb Exchange
Stock and Bond Averages
•
and
the
a
38
——
this
of
the
After
stock;
mon
arrangement
Credit
through
lines.
retailers
class
payable $500,000
Commercial
products
Exchange.
Toronto Stock Exchange—Curb
Milwaukee, New, York
help, serve the 25,000
to
.
meetings
proposed
plan,
American Bosch will be
the surviving
Amra will cease to exist, the American Bosch class B stock
by Amra will be cancelled, and Amra will become a whollysubsidiary of American Bosch Corp.
owned
36
—36
Montreal Curb Exchange—
Toronto Stock Exchange—.
Con-
at
April
By
world,
a
the
provides
sample
support, our
the
of
Admiral
also
arrangement
in
C.
located
are
Montreal Stock
in-
production.
distributors,
,
D.
announced
offices
of
facilities
these
to
country.
It has nine distributors in Canada,
and also has approximately 3,000 dealers scat¬
Admiral
stallment
addition
the
Bosch
Under
owned
35
—,
stockholders'
company,
35
_.
the
.-
this
2.500
Recently
.
In
Kalamazoo.
television
independent
dealers;
throughout the rest
tered
and
in
branches
Washington,
and
dealers
serving
80
be
owned
company
City,
will
Corp.
assembly
Tecumseh
plant
addition
Admiral
of
Attorney General
St. Louis Stock Exchange-—_______36
San Francisco Stock Exchange—
37
television
sidiary known as Canadian
dependently owned factories,
all
approximately,77%
35
—
Los Angeles Stock Exchange-—
Philadelphia Stock Exchanged
Pittsburgh Stock Exchange._____
other
has
and
—35
—
with
Amra
American
34
___
Exchange
Detroit Stock Exchange!
Three
it
—34
Exchange
Stock
169,
Corp., scheduled to be held on March 14 to vote on the
Amra Corp. into American Bosch, the terms of the proposed
consolidation were announced in proxy statements mailed on Feb. 16.
Amra Corp.
presently owns the entire capital stock of Amra Corp.
—-34
—
stock.—V.
common
merger of
29
Stock Exchange
connection
and
25
Exchange...,,.
Cincinnati Stock
in
are
concentrated.
In
area.
(Bonds)
Exchange—
Cleveland
•
V:■
v:
Stock
Stock
The corporation
American Bosch Corp.—Merger Terms Announced—
In
13
New York Curb Exchange
four quarterly
25
373.
T*51
■
(Stocks)
Exchange
New York Stock Exchange
Chicago.
paid
of
York
Chicago exchanges.
stockholders
satis¬
a
of
Co.
company
v
New York Stock
of the company's net worth is available in the form
corporation's
its
has
company
Bank
Trust
&
the
year-end
a'
3,500
City
$1
by
adequate,
appears
"
.70%
over
modem
a
,
Bank
dividend,
located in the Chicago
MoHenrv, 111., where table model
at
•
National
stock
than
The
National
15
more
where
; plants
:
the
working capital.
"
working capital
contemplated.
with
employees.
/Today
Our
the
oh
traded
has
pany
is
Illinois
to
dividends of
C Stock
dividend.
financing
acquired.
January of 2,300 shares of The Pittston Co.
Stock and Bond Quotations
to
approximately $66,500,000 in 1948.
The sole capitalization of this corporation is
1,000,000 shares of
par
value common stock, increased from 900,000 shares last year
-
Stock—
purchased
and
A,
so
from
Pfd.
had
during
January,
1949, 7,900 shares of its series A preferred
that as of Jan. 31,
1949, it held 240,100 shares of its
of
goal of $100,000,000
$10,000,000 in sales in 1941
Copy
a
of
and
preferred
in
Corp.—Purchases
corporation
month
stock,
In This Issue
amount v.
make
to
The
the
1949.
This
Cents
MISCELLANEOUS
-
Alleghany
Reached This Year—Ross D. Siragusa, President, on Feb.
16 said in part:
•
75
Corporation and Investment News
PUBLIC UTILITY
-
Price
Members
i
New
DEPARTMENT
NEW
Bell
YORK
St.
4,
Teletype:
N.
1871
4th St., St. Louis 2, Missouri
Y.
NY
York
Louis
Stock
1-573
New
Exchange
,
Exchange
Chicago Bd'. of Trade
Stock
Chicago Stock Exch.
York Curb Exchange Associate
-
Phone
CEntral
7600
Bell Teletype
SL 593
2
of
but
of
balance
a
While
cash.
income
consolidated
tal Set-Up—
of $12,300,000, as compared with
of the Foreign Power system at
interests
of
—
'
March
for
1.—V.
169,
However,
$25,500,000
stated
plan are scheduled
two
V.
F.
been
elected
director.
a
Vice-President
a
after
Vice-President
Stanton,
in
than
more
Niles-Bement-Pond
He
became
charge
30
ssociated
this
with
company
Conn.—V.
169,
as
105.
p.
American Power & Light Co.—Weekly Input—
the week ended Feb. 10, 1949, the System inputs of subsidiaries
For
of
this company
000
amounted to
kwh.,
or
6.24%,
169, p. 697.
—V.
American
252,332,000 kwh., an increase of 14,830,the
corresponding
week of
last
year.
over
Telephone «& Telegraph Co.—Plans Sale of
$391,000,000
Convertible
Debentures
The
—
directors
voted Feb. 16 to recommend that the stockholders at their
annual
ible
meeting Apr. 20 authorize
debentures
which
would
issue of convert¬
offered pro rata to
a new
be
is not to exceed
It
is
that
expected
March.
proxies
Proceeds
thereof
the
for
will
meeting
of
the
be
used
the
mailed
be
debentures
sale
stock would
from
into
to
in
all
Cities,
and improvements to the plant of A. T. & T.
subsidiary and associated companies, and for general corporate
V.
of
and
despite
phone companies must,
construction
the
it
want
and
when
far
so
as
facilities
of
they
essential
The
it.
want
furnish
to
types
The
The
that
service
generadv
mature
not
into
A.
T.
$150
per
terms
and
If
later
&
It
the
of
20.
to
lowing
issue
be
sent
registration
directors
of
record
share
March
have
the
the
on
15,
since
with
stock,
including
annual
$
of
'
^
taxes
Operating
20,188,980
18,158,338
227,583,305
162,773,208
145,797,244
2,641,093
2,559,111
32,679,238
all
3,323,020
32,130,859
the
207,617,760
156,344,233
secutive
has
past
the
year
and
Abraham
Palestine
declared
corporation's
its
at
resources
of
the
Trading
Jones
offered
also
Purchasing
has become
C.,
the United
the
of
end
the
the
Harris,
been
Chicago,
Three
Sol
Los
stockholder
to
and
modify
approval
154,876,017 139.694,485
11,644,004
10,307,580
125,628,307 108 495,779
922,713
12,029,532
12,508.565
1.289,112
1,537,390
17,218,178
18,690,141
780.401
999,071
12,177,389
13,498,581
income
374.
p.
in
position
indebtedness,
in
ten
of
When
years.
becomes
less
the
than-
the
making
A
it
advanced
was
income
from
the
fees
receive
holders
a
Ark.
liquidated
It
the
of
1947.
and
compared
1948,
30,
Sept.
on
at $6,000.
covering
June,
and
1945
rencgot'at^n
with
194.8
used
computation
as
deduction
Lake
of
Oper.
earned
of
.,
'
to
of
surplus
formed
to
acquire
contemplated
that
from
assets
The
1948.
net
the
working
to
non-current
current
was
state
reserve
then
the
seventh
Catherine
will
thereupon
capital
liabilities)
$63,100,002
(which
for
stood
at
at
is
the
Federal
-$2,074,597
1,433,618
213,665
__
lease
of
ACCOUNT
Sept.
at
30,
of
normal
year.
Sept.
30, 1948, corporat'on was owned by 28,136 stockholders,
with 26,270 on Sept. 30, 1947, a year earlier.
The increase
principally the sale to the public in January, 1948 of the
compared
reflects
399,990
shares
General
Motors
Bendix
of
Corp.
CONSOLIDATED
Aviation
Corp.
.
.
INCOME
(Corporation and
ACCOUNT
stock
.
.
owned
by
SEPT.
previously
30
_
FOR
YEARS
ENDED
wholly-owned domestic subsidiaries)
V
.■
1948
1947
'
Y'r:
•
1.
Net sales, royalties,
Cost
of
sales,
trative,
Y:.Y;"
.Y'-
Tv/V"'Y\.,
$
:
for
,
''".Y
$
'
service,
general
patent,
adminis-
143,117,891
expenses——,-^
depreciation
$1,-843,741 $24,058(710 $18,851,667
1,203,473
16,361,354
12,583,938
259,812
2,486,397
1,788,343
plant
—
-
"
/
,
330,238
% ' y
27,520
29,917
$399,794
$350,539
8,143
_
2,830
'
;
.
Other
from
and
amortization
131,115,891
2,787,105
Gross
Other
operations—
2,607,329
income
for
9,170,165
*
36,261
Federal
income
taxes
1
1,267,565
17,883,870
deductions
Provision
-11
7.902,600
16,590,669
1,293,201
income
346,167
*
and other operating income 162,495,665 141,625,820
selling,
and
Provision
Profit
1948—12 Mos.—1947
1948—Month—1947
___
deductions—
taxes
for
INCOME
of
excess
$69,917,091
1947, a year earlier.
the business in times
Sept.
the corporation
which,
in
the
management's opinion,
is
operating needs of the business during
capital
later
dissolved.
be
taxes.
of the
cred ted to
contingencies
-
working
with
the
cover
current
As
"■
$2,000,000
renegotiation
of
and
representing the port.on
required,
unchanged.
net
over
compared
longer
no
Federal
increasing amounts are needed to carry
rising costs of inventories, facilities, and equipment,
ample
War
Catherine
Lake
in
remained
applicable
$1,608,817,
reserve.
corporation's
1948,
has
of
<
this
for
While
;
commitments
meet
reduction
contingencies
$10,000,000
30.
outstanding shares of comm.cn
for
$1,000,000.
An
additional
account
open
in
for
reserve
100,000
COMPARATIVE
revenues
rev.
Rent
4%,
taxable
from
After receiving
paid for that year.
portion of the reserve for contingencies
with $393,183, representing the add'tlonal
after
The balance
or
assets.
Board,
provided
$12,000,000 was
Of this,
was
year
Adjustment
Price
Army
allowable
an
of taxes
1945> fiscal
the
for
the
current
charged
assessment
debt
and
with
Most of the increase
research project clas¬
a year earlier.
engineering and
$1,019,184, for Federal income tax on the additional assess¬
$1,415,553,
the
net
renegotiation
payment
amounted
to
of
The
current
acquired
was
30,
refund of $13,415,533.
a
in
credit
ment
Arkansas
of
estimated
program.-
been
markets.
broadening its product lines and
a
aviation,
in
in the
was
would
on
accessories
$12,396,349.
;
had
and
industries.
Bendix
classifications,
product
all
'
resulting in
proxies
solicit
which
aircraft
'
outstanding shares of Arkansas com¬
Corp. (N. Y.) would vote its stock in
The firm of Georgeson & Co.
Light
components
of
and
almost
in
$162,000,000
at
Sept.
on
the
settlement
therefor
at
year
stood
in
sifications.
computation.t ;
10%
less
others,
consummated
it
ten
years,
than
of
gains
in
progress
the
$101,000,000
maturity
10
maturity
a
automotive
sales
high rate of capacity.
' •
'
The Bendix backlog of unfilled orders, Including engineering projects
throughout
stock,
capital
good
producer
major
a
the
substantial
made
ended Sept. 30, 1948, the corporation strength¬
year
as
to
Annual Report—Malcolm P.
—
Jan. 24 said in part:
on
Manufacturing methods were improved and operations were maintained
of,
indebtedness.
authorized common stock
also applied to the SEC for an order authorizing
liquidation of Lake Catherine Corp., of Little Rock,
''./'v.
20,329
3,300,837
6,566,867
con¬
worth
net
present
increased
close
are
by
to
Operating
Other
for
and. Treasurer
reported
Service,
a
the
on
of
its
Gross
Inc.,
year
and
jointly
a
in
owned
the
in
Israel
indicate
substantial
very
export
increase
the
by
and
past
Net
import
Vice-President
of
the
—V.
who
new
Epstein
Angeles,
p. 938.
directors
(son
of
Calif.,
were
the
late
and
also
K.
Kohn
to
the
board.
and
trade
Sales
Amra Corp.—Terms of
Pa.—V.
—V.
of
p.
598#
{
income
-
$3,022,653
608,609
$2,966,491
374.
$2,414,044
r.
-
,
1949—3 Mos.—1948
•;
Operating
Net
reserves
after extraordinary re
11,280,742
After
5,293,632
share—_
per
credit
of
$10,811,605
established
reserves
ASSETS—
prior
reductions
from
stated
years,
1
■
r'
SHEET,
wholly-owned
earnings
directors
interest
on
the
have
approved
income
bonds
payment
to
holders
on
of
March
record
1,
Feb.
1949
of
23.—V.
2%
.
\
S.
Government
■(■Investment
in
securities
short-term
Baltimore &
Ohio RR.—Contingent Interest Allocated
"available in¬
come" for the year 1948 to pay, on and after April 11, 1949, con¬
tingent interest on the company's bonds.
This distribution will pay
all contingent interest accrued during the calendar year ended Dec.
The
31,
directors
on
Feb.
16
allocated
$7,617,987 out of
in-
1947
•$" '•
$
11,249,497
:
commercial
16,960,123
notes
45,631,603
4,248,000
9,943,482
tReceivables
(incl. unbilled charges principally
engineering projects)
Invent., at cost or market, whichever is lower
Investments
i
corn-
were
1948
__________
on
838.
*$2.48
•
"U,
168,
4,234,906
the
SEPT., 30
;
Ambassador Hotel Corp.—Interest—
in
subsidiaries)
;
Cash
Atlantic City
16.060,604
$5.33
%
BALANCE
and
•
'
resulting
;
CONSOLIDATED
1949—12 Mos.—1948
(Corporation
163, p. 2110.
in
creased to $7.58 per share.
$46,847,693 $45,596,638 $151,114,396 $142,296,939
% %
■:
Crl,765,64l
__
(in 1947,
adjustments!
reported by sub_
Cr9,045,964
dividends
Earnings
5,248,999
11,280,742
adjustments:
contingencies—___.
income
serve
*
reserve
for
'
168,
Proposed Consolidation—
169,
$3,575,100
608,609
$4,148,830
1,126,177
include
,
Corp. above.—V.
p.
sidiary companies
Chicago, 111.,
Epstein of
Julius Fligelman
Philadelphia,
$245,267
___;
Period End. Jan. 31—
K.
These
$300,623
to preferred stocks for the period
•
1,339,227
Associated Dry Goods Corp.—Quarterly Sales Up—
j
»
See American Bosch
of
Albert
Epstein),
of
169,
The
Corp.
late
:
$4,914,327-
108,102
in
p.
elected
Albert
Joseph
the
Net
Extraordinary
pany's
1948,
Emulsol
income
$353,369
107,314
(net)
Balance
and unfilled orders at
much enlarged volume of
American-Israeli Shipping Co.,
President, to succeed
died in December, 1948.
$4,133,214
15,616
$4,880,721
33,606
Cash
very
elected
$407,937
deducs.
Divids. applic.
year.
Ampal
____
income
Int. & olh.
Mr.
and
subsidiaries
(net)
approximately
$6,000,000
Managing Di¬
$2,000,000 of the $10,000,000 3%
public sale in September, 1948, have
major factor in
States
fiscal
and
income-
income
Reserve
Israel.
R.
265,957
12,767,683
charges
169,
recorded
has
and
Operating
Corp.—Declares
purchases and sales during 1949.
The
another subsidiary of Ampal and P. E.
C., chartered 21 ships since
June, 1948, for transport of essential supplies from the United States
has
after
its
amendments.
construction
Mills,
be
(net)
dividend
a
Secretary
approximately
company
between
to
275,214
95S.031
principally
charter
its
I
sold.
Dickenstein
Palestine
E.
that
debentures,
been
activities
P.
Dickenstein,
stated
10-year
Mr.
26,290
13,889,147
__
expenses
sold
unsecured
merged into Arkansas.
'
^
The present proposal involves the surrender by Arkansas of all the
outstanding stock of Lake Catherine for cancellation, the cancellation
Kaufmann declared.
now
139,960,442
24,997
annual
$1,000,000,
rector,
1948-rl2 Mos.—1947
_
dividend since the establishment of the
company in
1942, payable on almost 600,000 shares of preferred stock held by
approximately 7,000 individuals throughout the United States, according
to Edmund I.
Kaufmann, Chairman of the board of directors.
The
dividends are being paid to shareholders on record Dec.
31, 1948.
In
the
*nA"
1948
$2,367,713
155,151,231
Bendix Aviation Corp.
sell
year
properties
Dividend—Approximately $2,000,000 of Debentures
corporation
authorization
for
owing by Lake Catherine to Arkansas and such additional
debt
as
may
be incurred up to the time of dissolution of Lake
Catherine, and the assumption by Arkansas of all' its liabilities in
exchange for the transfer to Arkansas of all of Lake Catherine's
-
On
—
*nAn
1949
'
27,556,429
37,395,392
Privately
12,793,973
Ferguson, President,
Act.—
1,780,000
&
to
for
debt
such
as
the
Power
of
excess
company owns all of
of
Lake' Catherine,
would
Sold to Date—New President Elected—
This
Company
Assets
Administration an incomplete generating plant at Jones Mills. Ark.,
for $925,000, on condition that an 80,000 kw.
generating station was
to be installed for the purpose of
delivering power up to that capacity
to the operator of certain pot lines in the aluminum reduction plant
v
' "
rev._
revenues
operating
—V.
indebtedness,
indebtedness
Period End. Dec. 31—
Usual
Net
modified so as to exclude from
unsecured, indebtedness not exceeding
capital stock, and surplus
any
in
proposed
company.'
Lake
Catherine
27,824,459
2,248,885
55,506,798
Ampal-American
Net
petition
on
that
201,178,132
12,276,207
—
operating income
Net after charges—
—V. 169, p. 486.
Operating
may
>-
stock
at
228,403,769 201,854,131
820,464
675,999
15,299,002
Net
of
company
The
'
Placed
>
interests
Holding
seek
and
secured
unsecured
as
employed
dissolution
"3
94,336
SEc
and
of
Ark.
r
Melvindale
-
To Dissolve Subsidiary—
of
__
be
The
per
%
YEARS
!
55,998
Operating revenues
Operating expenses.—
utility
the
increase
an
secured
included
the
finance
■
1948—12 Mos.—1947
18,252,674
of
$1,025,000
$9
.
20,244,978
rev._
rate
CALENDAR
Loan
—
1943—Month—1947
■
Operating taxes
'
The
fol¬
the
13,914,144
oper.
Operating
provision would be
of
unsecured
Electric
the
to
face
-
1949,
of
Co. of Pennsylvania—Earnings—
revenues
Uncollectible
amendments
be
adopted,
Arkansas will later
$4,000,000 of common stock to Electric and issue
and sell to the public
approximately $3,300,000 in long-term debentures
-
the
at
AND
Thereafter,
company
its
of
capital
sum
maturity
a
be
Should
in
dividend of
to holders of
15
that
of
the
for,
stock
the
This
holder
would
regular quarterly
April
to
provide
of
regarded
and
favOr
;."-i
1948—Month—1947
.
their
15,
1922.
DECEMBER
on
charge
in
■:
v.v
Operating
amount
meeting
at
that
meaning
applied
to
sum
such
be
mon,
that assignable
May
the
computation
the
having
As
exceeding
to
SEC..
payable
Distributions
and
revenues
oper.
the
the
declared
capital
FOR
about
10%
10%
of
any
0
debentures
or
on
has
in
surplus.
shall
convertible
be
prices not
or
$2.25 Declared—
PriodEnd. Dec. 31—
Uncollectible
price
convertible
issue
16
1949.
been
EARNINGS
Operating'
would
and
1964,
stockholders
Feb.
on
share
per
the
to
to
Usual Dividend of
The
$2.25
20,
conversion
a
suc¬
Timken
:
During the fiscal
preferred stock,
expected that
final
decision
as
will be announced at the annual
subscribe
will
amount
June
at
is
Manager
the
with
'■
occurred
such
would
Inc.
Bell Telephone
for
and
than 3 V2 %,
Mills,
Period End. Dec. 31—
to
and
It is contemplated
1949.
of not more
'■ "y.,
%% ' ■"% /
approval is granted, company expects
stockholder
warrants
than
stock
T.
share.
rate
a
associated
$2,368,053
limited
customers."
debentures would be dated June 20,
new
they would bear interest at
April
all
to
General
486.
169,7^203.
—V.
par)
from 2,000,000 to 3,000,000 shares.
The amount of un¬
indebtedness which may be issued under the present charter is
years
faster
ruled
proposal would involve
($12.50
plant includes more efficient telephone instruments, transmission sys¬
tems, and switching and accounting apparatus, and is already making
possible more dial service, more dialing of toll calls by operators and
customers, intercity transmission of television programs, further ex¬
tension of rural telephone service and of service to moving vehicles,
and
within
company
as
of
better
Arkansas-Louisiana.
except
common
further improve service and to meet public demand are the best
that telephone scientists and engineers can devise. This new and modern
and
been
Four Weeks Ended Jan. 22—
secured
to
and
subsidiary,
a
(A. g.) Beck Shoe Corp.—Current Sales Slightly Higher
•.
ordered to dispose of its interests
was
order by disposing
company
charter so
being'installed
plant
of
•'/i:X
Commission
1944,
increase
10%
all
the
The
who
service., to.
Y.,
10 equal half-yearly instalments of $400;000
each, beginning on July 1, 1954. The money is being
used in the erection of a rayon yarn plant at Childersburg, Ala.—V. 169, p. 598.
the SEC ordered Cities to dispose of its interests in ~
1944,
an
loaded.
:
■'
defer plant additions, tele¬
is within their power, carry forward
N.
payable in
by the Commission with proceedings upon
■'
its
years our existing plant remains heavily
"While many businesses may limit 6r
has
Assistant
.
Vice-President
Syracuse,
Jan. 18,
company borrowed $4,000,000 from Penn Mutual
Life Insurance Co., evidenced by 3% % secured notes,
Arkansas Power & Light Co#—To Modify Charter, etc.
customers on party lines want higher classes
the expansion of facilities in the last three
2,500,000
some
as
of
resigned.
Lehmann
p.
Bcaunit
stock-and the
168, p. 1690.
for
service,
Co,
169,
ened
telephone service continues high, far exceeding the
highest prewar levels," Leroy A. Wilson, President of the company,
stated.
"Over 9,500,000
telephones have been added since the war
new
and
telephones are being inst.niied at the rate of more than
200,000 a month.
More than a million people are still waiting for
service,
A common-,
$7,353,780.
subsidiaries
May 5,
utility
purposes.
"Demand
class
respect of
in
comply With
(including
;Arkansas-Louisiana) and retaining its non-utility iriterests.
ArkansasLouisiana is the only subsidiary of Arkansas-Natural which is a public
the
for
Axle
plant.—V.
Bishop,
Mr.
appointed
been
Inc.,
FOrge,
Lawton
1946,
Detroit
.
in the spring of 1948 by Arkansas Louisiana Gas
Shreveport subsidiary of Arkansas-Natural, which provide for
disposition by Arkansas-Natural of its common stock interest in
of
extensions/additions
and its
Since the
stock.
pari passu
'Arkansas-Natural, which in turn
frdm
funds
stock,
share
was consolidated
On May 5,
early
and
provide
Since
disproportionate investment as between the
the sole normal voting rights have always been
Arkansas-Louisiana.
offering of $100 of^ debentures for each six shares
outstanding is made.
conversions
and
case
E.
■
this
common
stock
ceeding
a
the
On the basis of the number of
of stock
in
of
%
•
..
Lehmann has
Globe
Manager of
■■■
application filed
Co.,
shares outstanding at Feb. 15, 1949, the amount of the
issue would be approximately $391,000,000 if the maxi¬
mum
The
an
$100. of convertible debentures for each
six shares of stock held.
Eugene A.
common
:v
the
in
064,758,
;
(
The amount is to be determined later but
stockholders.
approximately •
that
out
points
class A
the
assets and earnings, in
excess of 50-%
of the capital contributed by the class A common stock
as
weil as the earnings generated by such investment have accrued to
the common stock.
As a
result, and by virtue of the retention of
approximately $5,500,000 of earnings, the book investment of. the com¬
mon stock amounts to $21,212,366 and the book investment of- the class
A common stock amounts to $18,310,767.
Cities, through ownership of
75% of the common stock, has an interest of approximately $16,000,000
in the book equity of the common stock representing 26% of the total
capitalization and surplus and thereby exercises voting control of the
Arkansas-Natural system which has consolidated assets of $162,471,345."
:%
No
dividends were paid on the common stock or on tile class A
common stock of Arkansas-Natural since its organization in 1928 until
1948 when two quarterly dividends of 20 cents per share were declared
and paid on each class of such stock.
However, consolidated earnings
(after preferred stock dividend requirements)
during the years 19401947 end for the 12 months ended Feb. 29, 1948, were $303,695, $1,641,663, $1,868,643, $1,501,118, $2,199,523, $3,083,752, $2,974,184, $6,-
with
Hartford,
classes
common
has
production in the early part of 1948
the Pratt & Whitney Division of
of
years
Co.,
a
manufacturing,
of
by
value).
vested
Co.—New Director—
charge
in
order
stock, whereas
There are out¬
standing 3,522,271 shares of the class A common stock (no par, $1
stated value), and 4,080,716 shares of the common stock, (no par, ;$1
contr.bwted
"Notwithstanding
American Machine & Foundry
R.
Commission's
the
was
only $4,080,716 was contributed by the common stock.
697.
p.
-
.
be
public
the second preferred stock.
The SEC hearings on company's recapitalization
_______
—________
completely subordinated to the claims and
holders" of Foregin Power's securities, including
"must
,
$30
—
__
delphians.
(Mr. McKenna is the only holder of the second preferred
on the committee, owning 100 shares.)
The committee
said the claimfe and
security interests of Electric
Share
|
,
bonds, series G, K and M
Refunding and general mortgage1 0%. bonds,'series J
36
First, mortgage 5%'"'bonds, series B^,-__-_—
_________—
10
Southwestern Division 5%' bonds,' series A_
15
Convertible 4 Vs> %
income bonds—
45
It was also announced that the directors determined, in accordance
_
F. McKenna, Secretary, and George L. Stark. Counsel includes Thomas
O. Egan, Arnold R. Ginsburg and Francis Logan.
All six are Phila-
&
wib be,,as. follows (per $1,000 bond):
Refunding and. general,^mortgage 5%
.
—_______
stock has applied to the SEC for authority to solicit proxies to repre¬
sent stockholders in recapitalization proceedings of the company.
The committee consists of William J. Hamilton, Jr., Chairman; John
Bond
V'/.
,__
Seeks to Represent Preferred Holders
protective committee for the $7 second preferred
newly-formed
:
1
,
.
The SEC Feb. 10 announced that it had ordered a proceeding to ;
consider and determine whether the corporate structure of the cor¬
poration is unnecessarily complicated, and whether voting power arftbng
its security holders is unfairly or inequitably distributed,,%%:
with the provisions of the indentures, dated March 13, 1946, that the
The hearing is
to be set by future order, the Commission fixing
(income after fixed charges)
lor the
March 14 as the date for filing answers to the allegations contained,j, company's "available income"
year 1948 was $30,072,508, from
Which amount the board made the
in the order authorizing the proceedings.
V /•
L.>\V
following allocations:
Arkansas Natural is a subsidiary of Cities Service Co. (holding com¬
Capital fund
$5,113,008
pany), which owns approximately 40% of the preferred stock, 75% of, .
General - sinking
fund
i_.__.
1,740*757
the common stock, and 25%
of the class A stock of Arkansas Natural.
Contingent ' interest ___2
____'
7,617,987
Cities, as Well as the 12 subsidiaries in the Arkansas-Natural system,
Surplus income sinking iund
.k
•
,
7,8Q0\378
is named as a party to the proceeding.
V;"leaving income available for other corporate' purposes amounting to
The Commission's order is directed primarily to the class A common
$7,800,378.—V. 169, p. 598.
stock and the common stock, which "are identical in all respects except
'-V •<,A
•;\ ..,v*
,'r
' ■. Y
•
Y
' -h
'
that the holders of the class A common stock have no voting rights •
Barium Steel Corp.—New Vice-President of Unit—-*
under any circumstances.".
'■
"•>'
•'
Another Group
A
Payments
Arkansas Natural Gas Corp.—SEC to Investigate Capi¬
the preliminary figiires for 1948 show
after interest and other deductions
$10,400,000 in 1947, the cash position
present is not such as to unalce it
prudent to declare and pay dividends.
The agreements pertaining to
the Export-Import Bank credit for the company's Brazilian subsidiaries
which was announced Oh Dec. 23 will be signed shortly.
The officers
of the company are actively pressing the plans and other negotiations
referred to in the company's letter of December
27 which should
result in a further improvement of the cash position."
earnings,
Monday, February 21, 1949
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
,(798)
and
assets
___:
§Plant/land, buildings, and equipment—_____
Deferred
Patents,
charges
patent
rights,
18,728,478
35,883,365
29,655,514
2,493,103
21,852,480
21,019,277
1,497,398
miscellaneous
23,788,465
1,312,403
1
1
contracts, goodwill, etc.
Total
2,532,570
123,667,914 123,127,846
1948.
..■*
,'.i
LI.
I
'
'L
'
■
Volume
169
Number 4779
THE
LIABILITIES—
Accounts
payable
Customers'
Federal
State
7,606,861
advances
income
sales
on
and
income
excess
and
orders
franchise,
and sundry taxes '
■^Employees' supplemental
social
588,723
7,834,926
and
security,
1,662,883
compensation
1,414.534
2,048,442
[(Reserve
-■
for' profits
Reserve
for
refundable
U.
to
contingencies—
S.
Govt.
Common
stock
($5
Capital
Earned
surplus
1,699,745
value
par
10,000,000
U
10.587.265
49,621,226
Trust
'-After
1947.
losses
SAfter
$8,916,942
year.—V.
of
tFlus earned
$779,987
in
for
depreciation of
llThrough renegotiation
reserves
in
ended
year
receivables
on
1947,
Sept.
30,
1945.
Including
The
is
seeking
of
company
the
$1,500,000
issuance
$1,000,000
in
3% %
1949.
and
$10,800,249
of
tAfter
discount.
1948
$781,692
in
in
payable
The
and
1948
contracts
war
amounts
Co.—Seeks
for
that
Commission
Power
3%%
Dillon,
is
cumulative
and
be
Trust
received
Department),
Feb.
on
23
series due
for
the
by
since
the
purchase
1978.—V. 169,
The
Bankers
for
York, up
$3,000,000 first
of
ICC
Corporation
District
The
30-year
first
Read
Co.
&
Inc., acting
which
company,
listed
demand
current'
note
pany's
to
reorganization
N.
proceedings in
Chapter 10 of the
under
J.,
manufactures
assets
the
accounts
p'ayinents
of
of
tungsten
$893,080-
and
and
electrical
on
bank
same
receivable.
secured
Cash
these'loans,
assignment
by
hand
on
is
of
company, has negotiated an agreement
with The Equitable
Life Assurance Society of the United States to
purchase the bonds at a
price of 100.5 plus accrued interest and the'debentures at a
of
the
-
trustee
:"v Company
of
traded
plus interest.
will
has
the
on
be
April 4
outstanding
York
New
at
com¬
to
meet
shares
($1
Exchange.—V.
par)
165,
The
common
Canadian Pacific Ry.—75-Cent
for
the
in
and
Court,
a
Central
1932
pro¬
in
a
out
except for
provided alterna¬
property
amount
to
of
the
bonds
majority
of
to
superior
the
assent.
obtained
order
»
of
,
South
court
Merrel
Western's
Benton,
to
over
P.
the
O.
restraining
company
from
the
Central.
Callaway,
Federal
enjoining South
Jr.,
South
Central
trustee
District
Western
any
further state
court
act on.
The
and the ICC had
exclusive jurisdiction.
it
re-
or
its
property
injunction void and
.
1&40
property returned.
reorganization
scheme
by
turning
an
Georgia
agreement
and
carried
however, headed by L.
Georgia
of
lease
a
These
its
fixed
a
road's
from
been
selling
Central
the
the
under
taking
that
high
and
assets
to
court's
action
remands
the
the
District
Unanimous
assets
Court
stock¬
District
stockholder
presumably
leaves
the
question
Court
for
of
approval
could
hot
Georgia court's injunction in
disposition of South Western's
further
be
of
action.
the
sale
of
South
Western's
obtained
without either a reversal
by the minority group or sale of their stock
to
others.
Thus, under the reorganization plan, the
only alternative
would be to end the
lease, which would leave South Western as an
entirely independent company-.
The road then might
negotiate with
the reorganized Central
of
Georgia for a new lease.—V.
of
stock,
527.
p.
-
ruling
Orleans,
force
Newark.
400,000
Curb
Lied
the
stockholder group then
appealed to the Fifth Circuit Court in
which reversed the District
Court, validating the state
It was the Circuit
Court's ruling that was
upheld by the
Supreme Court Feb. 7.
The
company plans to use proceeds of the issue, in part, to finance
construction or acquisition of additions and
improvements to its prop¬
erties.
'
dissent
that
reorganization
injunction.
the
held
from
held
has
stockholder
then
state
The
New
the
sufficient
not
in
of
Western.
the Central
sell
management
unanimous
Central,
Court
of
plan
District
injunction
an
holders
equip¬
Labilities
current
the
vigorous
receivership in
Bankruptcy Act.
either
return
by
part
Central
South
of
of
Federal
declaring the
petition stated.
Federal
Judge Thomas F. Meany of the Newark District Court
signed the order approving filing of the petition, and named
Raymond
J.
Ot's of West New Yofk, N. J., as trustee.
Hearings on retention
15,
price
filed
company's
petition
listed
outstanding loans of
$71,900
due
Marine
M.dland '.Trust
Co.
of
New
York
and
also
$201,402
on
a
agent
as
15
Newark,
The
bonds
dated Jan.
at
by
minority stockholder group,
without
$583,639.
authorization
mortgage
Feb.
on
Court
in
ended
approval
a
Western's
Act.
making its ruling
was
effect
into
the
the
Western
stockholders voted to
A
it
a
in
agencies
major
a
reorganization
company
and
is
went
under
affecting
South
Following
New
said
here,"
declared
Federal
operated
Central
having its lease
at
of
road
been
Central
provisions
tives
598,
p.
Western
The
reorganization
organized
St.,
presented
Rutledge
authority
having
1889.
entered
betterments.
company
Wall
16
and
3
'
The South
con¬
the
property additions
Douglas
the
majority opinion
facts
narrow
Justices
System,
is'
and
"the
court's
ceedings.
Tungsten Corp.—Reorganization Proceedings—
Bankruptcy
one
the
100
share
Will
(EST))
a.m.
Federal
the
after
Authority to
25-year debentures,' both to be
application states
stock
the
undermines
company at the rate of 23/4 shares
of preference stock.
The conversion
finance
to
bids
(Corporate
Callite
in
P'".-"'"'
The
for
Federal
by
the
of
each
used
be
written
10:30
138, p. 2318.
Black Hills Power & Light
Issue $2,500,000 Securities—
;
and
under
California,,
Francisco, on
San
adjustment.
to
will
Co.
ment,
for
.Although
obtained
deducting amortized premium.
for
for
mortgage bonds, 3%
123,127,843'
123,667,914
is'subjeGt
Sealed
to
-
reserve
Goodwin,
(799)
Stock Of-1
"Bids for Purchase of $3,000,000 Bonds—
16,257,910
57,215,153
——
Total
&
preferred
stock
common
stock
-Proceeds
10,587,265.
—
—
Hoffman
convertible
into
common
rat'id
1,497,852
10,000,000
16,257,910
each!—
surplus
of
2,000,090;
Sundry
5.60%
vertible
12,000,000
~
_
CHRONICLE
100,000 shares of 5.60% convertible pref¬
stock at par ($20).
erence
4,561,128'
The
——
operating
reserves—
Reserves: for
contingencies—
Walston,
1,574,654
4,767,259
__
payrolls, royalties, and sundry accrued
accounts
FINANCIAL
Feb. 16 offered
__
Accrued
&
California Electric & Power Co.—Preferred
fered—William R. Staats Co., Pacific Co. of
5,189,628.
1,209,855
10,612,541
profits taxes
COMMERCIAL
Ordinary Dividend—
the
stand
taken
169,
599.
p.
~
The
•
Black
Hills,
which
operates
in
western
South
Dakota
and
eastern
1795.
p.
holders
to
75
cents
.■V'i The
Feb.
on
for
cars
of
14
order
an
for
charge
30
of
railway
in
all-stainless
steel
the
announced; by
highlight
scheduled
for
of
1950
Ralph
its
Budd,
100th
President
birthday
delivery.
V.
169,
of
the
celebration.
suburban
cars
Dec.
on
and
property
portation Co.
The
to
of
issue
not
..stated
also
value
(no v
$25
fer re<l
stock,
shares
with
stated
value
N.K R.
W.
are
and
of
Lines,
Inc.,
the
Burlington
share),
scrip
shares
474,895
value
of
(no
$2.50
par)
common
share
per
share;
per
and
(bi
and
report
the Commission
of
Co.
states
in
stock,
100,000
374,895
shares
fill
Bus
Lines, Inc.
1.
.
shares
of
consummate
new
underwriters
writing
time
the
preferred
at
be
purchase
on
each
share
(4t
at
rate
a
new
not
in
to
posed
to
are
be
Lester
March
exceed
not
5%
$25
with
offered
to
in
a
Net
less
<31
to
be
issued
to
be
attached
31,
1952,
one
new
each
to
holders
the
the
debentures
public.-
letters
or
new
However,
which
or
the
of
new
stock
preferred
conversion
be
<94.7% )
sale
series
to
group,
with
pursuant
warrants
to
the
attached,
of. not
A,
at
merger.
The
that
the
three
preferred
the
than
more
price
a
if
to
stock
For
any.
56.C24.8
the
stock
of
the
H.
such
is
be
of
holders
in
and
'•
event
not
Byllesby
addressed
commission
of
of
the
and
made
&
prior
by
not
to
Inc.;
American
place
the
State
services
exceed
preferred
2%
that
54,183
of
indicated
purposes
connection
with
in
new
form
a
dated
offered
;
upon
lend
concurrent
new
from
the
sale
stock
which
money,
it
-
•
proposed
issuance
plus
of
securities
accrued
promissory
accrued
improvements
to
"The
interest,
to
<9.1
treasury
the merger
ended
year
$7
$5.50
share,
per
common
the
of
31, 1948, on the
accordance with its
in
stock.
After
issued
company
stock
common
the
close
capital
stock
for
of
payment
program,
adopted
in
1945,
to
modernize
and
Gibson
counts
Lines
in
receivable
banks
and
on
reserve
(after
of
;'
of
Burlington
after
for
depreciation
$1;
stock
of
securities,
OCT.
insurance
par),
31,
pur-
The
state
ac¬
of
490,000
working
Commercial
capital
and
;_i_.
Financial
of
$3,248,000;
and
invested
American
(Reg.
300,000
r
,.
.4,338
400,190
___
Chronicle
of
U.
S.
Patent
U.< S. -Supreme
court
the
The
which
the
sale
of
the
EFFECT
TO
PRESENT
areas
in
is
new
offices:
as
Dana
135
S.
second-class
Seibert,
La
FINANCING
$14,000,000
1977__^_
1975
f.
debs,
*
2,500,000
»
due
L000 000
1969
($100
$3,000,000
pan
3 000 000
40,000 shs.
($15 par)
t40 000 shs
725,000 shs.
authorized
under
the
amount.
106.
indenture
is
560^000
unlimited
shs.
in
ex¬
'
Ended
Dec. 31—
_-
Co.—Earnings—
1948—Month—1947
$1,655,865
$1,599,013
expenses
1948—12 Mos.—1947
$17,014,637 $15,792,069
8,773,813
7,602,659
116,000
1,395,000
1,320,000
836,911
for
784,036
116,250
33.700
33,700
400,000
400,000
1,557,225
1,725,700
325,569
1,311,994
1,827,500
$3,162,900
$3,329,916
311,076}
j
and
Net
and
taxes
7%
the
conduct
of
on
road.'
a
'-'
the
grant
a
South
Western
from
selling the
connection
South
with
RR.
Central's
Western's
7-2
injunction
Centrairlllinois
This
assets
of
Arvid
Johnson
to
Fet*.
of
ruled
minority
the
Georgia
injunction: bars
the
road
reorganization,
to
of
group
without
court
Mr.
years
of
.
had
stockholders,
South
Central
Western's
Georgia
unanimous
501,606
$2,324,233
$2,293,119
in
approval'
stockholders.
Securities
of
New
York,
Corp.
President
Assets Transferred
of
~ 14.
Illinois,
New
York
Central-Illinois
a
501,606
$291,914
the
corporation, who was
from
removing the
company's
assets
from
the
already had transferred most of the assets involved
City, it was disclosed in Superior
Court of Chicago
Feb. 15.
Judge John J. Lupe continued to March
lo to a
hearing on
a
suit filed by a committee of holders
of preference stock
asking an
accounting from Mr. Johnson of benefits received from his
State
-■
to
41,802
Court Order—
enjoined
Injunction Barring Part of
decision
$2,794,725
169, p. 3.
Before
pre¬
$19.-.
7 upheld an injunction
by a Georgia
major 'part of the reorganization plan
-
in
an
535,191
$2,825,839
and
business,.
168, p. 2116.
—
41,802
stock
Balance
income,
$25),
the
$333,715
337,061
-
payroll
cumulative
(par
pfd.
on
26,485
$324,301
_________
$360,200
19,134
$282,500
income
Dividends
total
—V.
wages
property
stock
$243,435
designs,
$340,139;
accrued
other
income
Int. & other deduc.
inet)
and
control
liquidation
of
the
company
mcve
company office
discussion at a
preference
assets
York.
shareholders
that
injunction
New
meeting
pending
disclosed
holders,
to
issued,
was
said
of
it
would
of
The
of
the
the
the
suit
assets
attorneys
make
move
stockholders
obtained
outcome
most
Office)
Salle
.
must be
.
of
itself.
Johnson, who acquired control of the
company in the last few
through purchase of" common stock, has
proposed to
matter
con¬
common
little
to
was
injunction
for
14.
Mr.
difference
come
against
been
moving
When
moved
Johnson
because
up
However,
liquidation.
already had
for both
have
Feb.
on
and
the
it
when
the
Court
.
...
made in New York funds.
the
for
the
the
was
the
share¬
retains
"William, B. Dana Company,
Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
President; William D. Riggs, Business
Herbert D. Seibert, Editor and Publisher;
Manager.v Published twice a week
[every Thursday
(general" news
and> advertising
issue)
with a
statistical issue on
St., Chicago 3,\U1.
Monday],
Other
(Telephone State P613UV1
Drapers'.-Gardens, London, E. C., England, c/o Edwards & Smith. •
Copyright 1949 by William B. Dana Company.
February 25,' 1942, at the post office at New
Reentered
York, N. Y., under the Act of March 3, 1879.■
American Union, $35.00
per year;. ■ in. Dominion of
•,Subscriptions in Unitetf States, U. S. Possessions, Territories and Members of PanCanada, $38.00 per year. ' Other' Countries, $42.00
per year. '* *'
NOTE:
On account of the
^ '
*
'
fluctuations in the rates of
exchange, remittance for foreign subscriptions and advertisements
William
the.
Outstanding
*
General taxes _________)
Federal' income taxes
Court Feb.
blocks
Supreme-Court
officials
Qf
wholly
may
Gross
etc.,
$5,975,000;
common
for
total, $76,628,289.—V.
authority -to
certain
American
;
from
Authorized
depreciation
Amortization " of
plant
'acquisition adjusts.*"
by stockholders in excess of par value
earnings accumulated since inception of the
Reorganization Upheld— "•/
v
GIVING
preferred stock
stock
Operating
1948
premiums,
$9,290,600;
Central of Georgia Ry.
•
proceeds
•.
$6,966,559; notes and ac¬
$500,000), $4,197,361; inventories
contributed
'.retained
$18,143,-726;
ICO.OOO
entire
;;
$17,539,013), $26,904,099; patents,
prepaid
($100
capital
company
30S.000
"1
oper-
services
to
Additional bonds of
any of
said series or of other
be
issued,
subject t,o the restrictions
contained
in
the
indenture, without limit as to
aggregate principal amount.
tlncludes 30,000 shares of
4.10% cumulative
preferred stock, series
A, and 10,000 shares of 4.10%
cumulative preferred
stock, series B
The rights and
preferences of shares of both
series are identical.—
V: -169,
Prov.
materials, supplies and finished product (after reserve of
$5,000,000),
$37,692,343; other assets (including treasury stock held for sale
to
employees),- $527,787;
land,
buildings,
plant
and
equipment
(after
ferred
consummation
fqr payment of purchase price
■
expand
an
service
due
Gross revenue
hand,
of
of
located
of
due
s.
amount
Period
$25)
is
utility
water)
0-.J
taxes,
$593,535;
reserve
for
Federal
$8,019,945; reserve for contingencies,
126,562
five
and
the
Central Illinois Light
1943,
prop¬
of
cum.
''The
of
value
•'
LIABILITIES—Accounts
payable,
$8,459,440;
bonuses, $3,402,043; accrued real estate,
personal
'
series
series
3%%
Of
share
one
ipar
Company
of
the
present
the
p.
Oct.
use
:
of
____________
operating rights and property., acquired
by
Pay accrued divs. on old preferred stock
of
Provide
the
of
rate
.
Reimburse
The
during
the
anticipated
496.000;
__
8)
company's
etc.,
$76,628,289.
"
of Dallas
terminal
quired
•
650,342
The
required
of
pressed
1,241.690
$12.53
v":r'
devices,
$240,000
inter-
operating rights.:
Reimburse treasury of Burlington
of
paid
at
650,342
1861.
the City of
Rockford; transportation services
City of Rockford and environs; and
water service
to -the City of
Lincoln,
to
2%%
,
$4,916,428 ;
1,552.152
_
share__
BALANCE SHEET,
893,478
plus
state
(7)
were
stock
stock
stock
common
ASSETS—Cash
of
erties at 12 principal
points on the system, operation
Pay expenses incident to the prosecution
of
pending
applications to obtain additional intrastate
and
"the
preferred
on
on
common
5,*
sale
inter-
note
(5)
balance
Mercantile National Bank,
needed
of
paid
per
outstanding.
its
deben¬
:
portion
30,777
1,100,000
22,
Harris
Common
manufacturing - and sales facilities, was
substantially completed
at a; total expenditure of
$18,832,601 during this period.
It
that the program will be
completed in 1949 with ex¬
penditure of $3,000,000 ih addition to the
current expenditures'ordi¬
narily required to replace old machinery and
provide
*
Pay
price
income
on
Feb.
will be applied
(a)
to the payment of
indebtedness consisting
short-term bank loan in the
amount
of $600,000
incurred by
company on Dec. 14,
1948, and (b) to provide a portion of the
20-year
2,500,000
650,000
$10,376,888
in
expenses
Retire
of
taxes
and '$2 per share on the
the'fiscal year,'on Dec.
10, 1948,
common
stock for each
10 shares
reserve
the
proposes
:
commissions and
of
would
(3)
outstanding
Canadian
is
debentures for a '
amount thereof.
Place¬
(4)
costs
145.120
its
cus¬
would
Aug,
to
a
3%%
,
$8,037,205
6,900,000
.
Co.
under
of Freeport.
Gas service is confined to
the City
environs, the Cities of
Freeport, Loves Park and
Village of Pecatonica; steam heat
mortgage bonds:
.3% series due 1975
284,887
income
on
Coke
1st
$7,812,318
432,596
$18,522,007
terms,
__________
American's note to
and
Dividends
ren¬
;
City
the
•CAPITALIZATION
$18,089,411
&
Illinois
a
4.10%
—
taxes
preferred
of
preferred
outstanding unpaid balance,
owing Bankers Trust Co. on
American
letter
has
conditioned
proceeds
below:
the
by
issue
principal
Retire
chase
1,833,553
.'
Dividends paid
proposed.
of
of
entire
be
the
shares
$2,854,570
York,
Burlington
the
as
Pay estimated discounts and
•"
71,583,579
2.510.034
.-
.-
Dividends
$2.50
-
New
the
would
stock,
estimates
with
of
the
(G)
3947
133.621,359
expenses
-
in
for the present
and
contemplated construction pro¬
company.
The said bank loan was
made to the company
Trust and Savings Bank to
provide funds to in part reimburse the treasury of (he
company for funds theretofore
expended for
construction and to
provide additional
funds to be utilized
by the
company
for construction,
pending receipt of the proceeds of the
securities to be issued
by the company.
$81,223,450
Net income
stock
be
to
funds
$2,907,813
$154,220,804
Light
incorporated
stock
780.440
1948
l.
was
was
and
and
confined
of
selling and distribution, and
•
Earnings
accrued
to
the
confined
series,
Dec.'. 31, 1948. a public .offering
underwriters or others with whom
and
privately
(1)
est,
$3,688,253
income
Federal
to
the
for
(2)
1,851,534
$4,116,506
equipment.
Co.,
to
to
the
Burlington
in
139,887
$317,953
is
gram
goods sold,
Rights
and having an estimated
population of 228,000.
Comelectricity in all of the territory in which it
operates
Rockland
are
$3,336,066
Interest paid
the
merger
plus
in
fined
168,586
company
Gas
Illinois
Lincoln,
Case Co.—Annual Report—
Total
underwrite
;
if,
the-debentures
new
Applicant
tures
$5,968,040
name
serves
except
$5,380,363
1,692,110
Balance
shares
the
pany
_
.
par.
.
sub¬
72,016 shares and
the over-the-counter
*
.
.
Rockford
State of
,
$404,879
sales
Other
group-
preferred
share,
be
the
9,858
of
would
new
per
would
of
of
favor
the
of
$25
commitment
commission
associated.
efforts
ment
■r
33,394
780,440
to
for
on
adopted on Feb. 14, 1931.
ating public utility, furnishing one or
more
(electric, gas,
transportation, steam heating,
aggregating approximately 1,815 square
miles,
V
—
right
at
,
$5,243,969
114,276
$457,840
$573,465
administrative
amount'
$15,000.
any
stock
M.
$5,853,764
504
■v"i;
the
$15)
.
of
name
of
$457,336
»
COMPANY—The
<
...
'
offered
ipar
,
interest.
v
168, pi 2680.
Cost of
■
1948,
$546,940 '>
issued
not
commitment
in
may
best
307,093
26,525',
income
Gross
pro¬
of
series
.
pro¬
extent
An
underwriting agreement would be entered" into
tomary in transactions .of this character
The
they
include
1948—12 Mos—1947
agree¬
issue
commitment
vote
shares
Burlington
underwriters'
exceeding
terminate
'
income
(J. I.)
per
share
of
stock purchased, and Burlington would
be obligated to reimburse the:
underwriters for expenses paid or incurred
by them in connection with
the transaction,
including fees and expenses of counsel in an
not
President
as
were
stock
$1,000,000 first mortgage bonds, 3%%
due 1975, at 100 and interest, and
$3,000,000
20-year 33/4% sinking fund debentures due
1969, at 100
and
George
$2,109,130 $26,229,996 $22,138,910
1,431,090
18,421,382
15,055,255
220,704
1,954,850
1,736,686
1,610,004
record.
entire
to
the
condition
American's
underwrite
they have already done)-and. that the group
dividends,
dered,
the
upon
of
iwhich
the
di¬
a
of
Co.,
representative
would
death
23
common
.
;
heads
Years Ended Oct. 31—
Inc., of Los Angeles, by letter dated Sept. 18, 1948,
advised
Burlington of its willingness to undertake the formation of
a
group of underwriters,
of
which it would be a member and
the
in
appointed
tho
of
Subscription^
Sale of Bonds and
Debentures Privately—In conjunc¬
tion with the sale of the
new common stock
and to pro¬
vide
the additional
funds required
in
1949
for the
construction program, the
company has sold to an insti¬
tutional investor
entirely
by
co
terms
general
in
$4,000,000
Co.—Earnings-
$2,464,037
(net)
■
■'
Ealance
-V.
for
share
preferred
the
been
by
shares
market
of
underwriting
included
are
has
caused
Crump
Depreciation
purchase
any
than
80,000
expired Jan.. 13.
The stockholders subscribed
the 7,984 unsubscribed shares
were disposed of
by Allen & Co.
oper¬
The increases
the
annum.
into
rail
for
PURPOSE—The
stock
thereof
common
board
Dividends applicable to pfd. stock for the
period
to
preferred
new
—A
revenues___
'
under¬
time
by more
1948—Month—1947
income
on
income
'/
100,000
from
from
dividend.
stockholders of record Dec.
scribe
paid
Atlantic
oper.
Other
-
Net
of
group
share,
stock,
the
Int. & other deduc. (net)
,
additional
public;
per
the
to
to
proposed
per
entered
embraced
&
of
resale
sold
exceeded
April.
companies, which Mr.
taxes
Gross
stock issued, at a price of $10
per share;
sinking-fund debentures, bearing interest
15-year
connection
posed
for
warrants
preferred
$1,500,000
Burlington has
ment
of
before
or
of
Burlington
common
be
evidencing the 100,000 shares of
which warrants would entitle the
issued,
and
to
new
to
are
54,183
earnings
any
Vice-President,
on
deductions'
..
.
(2)
merger;
which
commission,
of
exercise
upon
certificates
to
or
shares
proposed
stock,
price
a
discounts
additional
the
.The
March
company
1.
net
of
the
last
revenues
Federal
Authority Is sought by Burlington to issue (1). 45T817 shares of new
and
374,895 shares of new common stock for conversion
to
vacancy
Oper. rev:
and
part:
materials
Carolina Power & Light
preferred
purposes,
a
C.M.G.,
Operating
with
assumeH obligation
to
of
Period Ended Dec. 31—
Transportation
Oct.
on
that
out
1948,
corporate
:
15-year sinking fund debentures,
cumulative- preferred
stock
(with;
for fractional shares of the pre¬
series' A
599.
operation.
liability in respect of promissory notes of American
The
Pacific
p.
operating rights,
Burlington Trans-"
into
cents
In
Central Illinois Eleetricr& Gas
Co.—Stk.
of
Ry.j Quebec Central Ry. and Eastern Abattoirs
directorships include Canadian Pacific Express,- Canadian
Steamships and Toronto, Hamilton & Buffalo Ry.—V. 169,
A
v"v
' V'Vv.'.V'""'
■'
Av.: vc'2
the
and
1949.
cents
out
his
while
$1,500,000
(a)
$10
of
25,
the payment
Crump/ Operating
to
Spinney,
."Subsidiary
merger
management,
authorized
p(ar)
per
stated
the
Bus
ownership,
exceeding
shares
approved
American
for
Commission
100,000
31
(75
-New Director Elected—
Burlington Transportation Co.-—Merger With American
Bus Lines, Inc.—
ICC
50
point
for
and the costs
wages
Feb.
and
31
again
insufficient
Dominion'
The
March
on
are
rector
598.
p.
3%
"
Burlington,.,
The
of
the
the
just
dividend
increase ip gross earnings.
The dividend is attributable
tt> income from sources other than rail
operation.-
sales,
Chicago, Burlington & Quincy RR.
The cars are part
$8,500,000 program to modernize and dieselize suburban
equip¬
an
ment
as
announced
in-
record
of
directors
ations
,
Vice-President
final
a
31
,
Sargent,
declared
14
163, •
(The) Budd Co.—To Build 30 Suburban Cars for Bur¬
lington Lines—
Fitzwilliam
Feb.
on
share) on the ordinary capital stock in respect of, and
earnings for the year 1948, payable in Canadian funds on
e
-■
-
directors
now
Wyoming, said that an application for approval of the issuance is
pendingvbefore the Wyoming. Public Service' Commission.—V.
per
.
4
certain Jurisdiction over the
is
disposed of,
a
meeting
"
Mr. Johnson
Feb.
14,
board
five-man
a
by
directors proposed
of
The
elected, a reduction from seven members.
Robert S.
Charles E. Neil, both of New York -City, were elected new
Those
who
were
not
candidates
for
re-election
were
and
members,
was
SEC
R.
Darrell
Dawes,
Boyd,
S.
Ripley &
286,496 shares
of new
common
•
the proposed offering Central Maine Power stockholders
allowed to buy one-sixth share of the new common stock for
share held
and 5/6 share of the new stock lor each share of
Under
basis
the
on
of one
will
each
6%
preferred stock held.
New England Public Service Co., parent of the
Issuing company, will waive its rights to buy 219,196 shares.
Under¬
writers are to purchase shares not taken up by the parent company
plus any remaining shares not bought by stockholders.
amounting
now
years.—V.
168,
Temporary
Registers $5,000,000 Bonds With SEC—
for
Lied a registration
11
The
ACCOUNT
deprec.
for
Prov.
income
Fed.
1«7,235
(notei
144,352
87,348
1,535,000
173,081
155,890
1,985,118
1,817,509
$525,936
$257,108
1,399
851
$4,927,338
35,945
$4,494,990
26,848
In
000
mon
income.,__
income (net!
-a
Gross
income
$527,335
$257,959
$4,963,283
$4,521,838
153,464
...
126,368
1,645,176
1,442,584
(net)
rate
the
of
share
one
-Net.
Pfd.
income
requirements.
67,041
stock-
$306,830
com.
share..
804,348
$64,550
$2,513,759
$2,274,860
$1.49
$1.35
67.041
com.
div.
was
$3,079,254
804,394
$3,318,107
$131,591
$373,871
$0.18
not
underwritten
curity
dealers.
new
capital,
This
Bal,
for
Earns. per
•
—V.
>
$0.04
169, p. 698.'
Y;
-r-:;
YY'YY'-V/y
•
But
the
for
enue
Central RR. of New Jersey—Interest
to
order
of
the
U.
Payments—
Court
District
S.
year
the
for
holders
of
at
the
close
group
a
of
corporate
There
expansion
plant
So
gas.
Dec.
By
drilled
wells
producing
new
Appalachian
storage
total
The
System
on
of
year,
feet.
cubic
trillion
of
aid
total,
this
Of
sales
Net
Cost
of
goodo
13,220,507
265,397
1,548,947
sold
of
and
——LY-~'-
piant..
selling
expenses
217,369
income
$443,332
39,417
53,392
59,182
—
,
mission
Total- profit
.i.
Deductions from
Provision
Prov.
for
for
179,577
895,000
and
$496,724
$1,119,043
123,925
income
cost
excess
machinery
$2,479,197
taxes
357,000
income
Federal
end
400,000
equipment——
profit.
Common
dividends
(cash)
Common
dividends
<stock)______
Preferred dividends
Earnings
>.<
per
NOTE—To
stockholders
stock
a
from
of
105,000
of $45,000.
Interest
partly capitalize the additions to plant account, a special
meet'ng on Oct. 14 authorized an increase in the capital
140,000 shares to 280,000 shares and the declaration of
14,637,500
11,150,085
74.826
31,
DEC.
1948
$18,153,925 $14,217,144
1,075,066
tax—
debt
990,264
744,135
591,161
32,698
38,103
3,843,750
income
995,331
571,497
expenses
long-term
2,784,375
income
$11,225,571
$13,497,745
exp.__
"
INCOME
Gross
U.
Withholding, etc., $89,541;
Gas
Oil
;
'
for excess cost of
stock
($25
surplus,
taxes,
for Federal income taxes, $1,164,237;
ng machinery and equipment, $400,000;
$4,375,008;
preferred
stock ..($100
par),
reserve
$2,991,074;
total,
$10,352,211.—V.
close
New
of
business
York
in
Stock
the
on
bonds
will he
made
bonds,
due
March
Exchange
168,
p.
2320.
11,
to
be dealt
in
"Flat."—V,
;
169,
p.
April
on
1,
1949,
Chicago Milwaukee St. Paul
pair Shops for Three Weeks—
It
is
announced
for
occasioned
p.
gross
;
Prov.
for
three
by
that
this
passengers
11
directed' that Exchange
shor
-•
ALONEt
(less
consol.
1947
$
1946
$
276,099,498 233.213.560
reserve)
210,822,449
27.956
securities
(at
receivable,
and
incl.
7,445,147
14,673,045
10.083.142
cost)
27,956
129,700
10,799,464
75,385
2,024,676
27,956
accrued
dividends—
914.513
_____
~
98.059
252.322
252.196
1.438,179
1,123,794
1,221,331
299.988,773
242,365,923
239,952,154
S
$
134.528,740
122.298.740
122.298,740
15.r96.097
14.639.665
14.565.518
9,312,776
7,255,465
2,927,130
138.500.000
Deferred
95.500,000
97,500,000
1.906 273
1,824,285
1,821,609
544,887
and
112.050
231,642
847.768
839,157
299,988.773 242,365.923
—
funds
239,952,154
deposits
charges
Total
LIABILITIES—
Common
stock,
solidated
no
(sec
par
balance
surplus
surplus since
Long-term
debt
Sept.
(see
1946
30,
consol.
bal.
sheets)
Accrued
taxes
Accounts
and
$
con-
sheets)
Earned
131,037
interest
payable
Total
„
"After
worth"
for
reserve
of
possible adjustments of such
$1,294,031
in
1948
years
and
1947
"underlying book net
$l,3oi,587
and
1946,
in
Definitive %V\% Debentures Ready—
VA %
debentures
due
1973
.are
available
now
at
the
Guaranty Trust Co. of New York, 140 Broadway, New York, N. Y„
exchange for outstanding temporary debentures bearing the former
name
of
the
corporation, Columbia Gas & Electric Corp.—V
169,
698.
Columbus
Southern
&
Ohio
Electric
Co.—To
Split
Stock—
stockholders
change
$5
each
vote
share,
common
value; also
par
will
March
$10
29
approving a proposal to
into two common shares,
on
holders
to
as
value,
par
releasing of preemptive rights by
on
additional
any
prompt public offering.—V.
Commercial
Credit
168,
Co.
sold
to
stock¬
common
underwriters
for
644.
p,
Additional
—
Loan—The
com¬
Jan. 20 borrowed $5,000,000 evidenced by 2%%
notes, due serially Dec. 1, 1953 to 1956. Proceeds were
pany on
added to
working capital.—V. 169,
Commonwealth Edison
►1946
376.
p.
Co.—Weekly Output—
Electricity output of Commonwealth Edison Co.
ended
$
$
shares
common
Week
excluding
Feb.
sales
to
1949 showed
year ago.
Following
a
12;
other
electric
4.5%
a
associated
for
the
over
kilowatthour
the
are
and
utilities,
increase
the
com¬
week
corresponding
output
totals of
248,867,000
238,120.000
4.5
5
252,954,000
237,588,000
6.5
Jan.
29
255,065,000
240,178,000
6.2
73,383,181
63,562,058
5,510,953
7,978,577
50,313,811
Jan.
22
254,182,000
241,900,000
5.1
—V.
169,
7,000,424
5,944,697
458,031
7,820,006
7,299,850
income
8,156,405
5,310,723
tax—
6,466,890
'
Crl08,460
deductions
applicable
COLUMBIA GAS
and
past
Feb.
weeks
four
Week
2,257,424
4,199,349
and
percentage
Ended—
12
7,682,286
—
comparisons
with
1949
——
corporation
to
19,633,844
the
1948;
1948
% Inc.
1,730,411
1,697,337
1,578,126
Perioji Ended Dec. 31-
fixed
charges-—u 17.903,433
charges
3,933,430
—
19,549,584
2,884,016
16,665,568
14,678,746'
.3,16,7,823
Gross
Consolidated
-
Portion
income
net
retained
.
13,970,003
by, subsidiaries-^- i .2,444,432
4,986,762
.
"$33,732
tBalance
rate
1
1948—12 Mos.—1947
11,159,389 124,027,053 130,465,774
898,731
$355,427
$741,030
£an- 31, company borrowed
Chase
National
evidenced
each,
hv
2%
$6;600;000 - under
a
]dan agreement
-Bank,
New'York,v and First National Bank,
notes, payable in eight yearly instalments
beginning
Aug. 1, 1949.
The money was used to
notes, dated July 19, 1946; as well as $2,000,000 of
obligations held by the two banks.—V. 168, p. 2540.
^
INCOME
reoresenting parent
T *
com-
net income
—
paid
available
for
9,691,984
9,172,405
3,668,962
other corpo-.
purposes
—_
Earnings ,per common
share—
'►Income statements for
forma basis, to reflect (a)
.;
13,497.745
9,172,405
General
taxes
-
—
<•
4,325,340
$$0-92/,*
.
$1.10
6,023,022
i.
$0.79
have been prepared on a pro
elimination- of all income from investments'
year
1946
disposed of during 1946; (b) annual charges applicable to securities
outstanding at the end of 1946, and (c) related tax. adjustments.
tThe indentures securing the corporation's-debentures,, require the
corporation to make regular annual payments for the retirement of
debentures
ranging
$5,200,000 in
tBased
-shares
based
in
on
on
from
.$2,000,000
in
1947,
1948,
and
to.
1949
1970.
12,229,874 shares, outstanding
October,
average
1948.
shares
Consol'dated
net
prior, to
income
outstanding during 1948.
sale of
per
additional
share' was $1.12
'
-
1948—12 Mos.
$
$
-1947
.
$vY
of
;.
,
debt
premium and
Other deductions
Divs.
Minor,
4,360,509
20,953,788
4,531,596
19,339,654
25,567,706.
27,114.Q40
5,003,206
4,467,414
54,158,904
54,831,432
1,247,935
14,943,216
13,932,843
disc.,
expense
——
pfd. stock
sub.
stockholders
int.
on
374,309
4,301,492 J
debt
subsidiaries
of
358,459
4,420,772
V
1,295,345
——
long-term
on
•
taxes_—j
income
Gross
Int.
Amortiz.
2,053,166
-
acquisition adjusts.—
,
•
11,225,571.
——
ACCOUNT
1948—Month—1947
revenue
Federal income
Balance
►
25,200,116 * 24,451,195 279,813,276 266,490,496
Operating expenses ;_.i—
13,358,965 • 13,326,647 149,758,482 130,854,540
Prov. for depreciation—.... 2,058,714
1,981,333
25,013,886
23,819,235
Amortization
of
plant
17,584,378
2,905,632
& Pacific RR.—Closes Re¬
^
Corp.—Weekly Outputs
weekly kilowatt hour output of electric energy of subsidiaries
corporation adjusted to show general business conditions odf
territory served for the week ended Feb,
10,
1949,
amounted to
336,041,363 as compared with 319,879,815 for the correspondingweek
in 1948, an increase of 16,161,548 or
|5.05% .
. ■-/" -'.yr.-.-W ,*.V,
this
$
before
j
698.
p.
CONSOLIDATED
income-—.
.
The
19;162;504 r/
21,246,921
——
Commonwealth & Southern
5,432,115
460,410
SYSTEM, INC.—
other, expenses
and taxes less other
-Balance
City stores Co.—Loan Agreement—
a
\
(COMPANY
95,070,481
—
Administrative
600.
1948—Month—1947
10,383.416
to
$750,000
31
111,701,661
1949, unless made specifically
and that the bonds shall con¬
will close all of its car repair
today (Feb. 21),
The lay-off is
the announcement said —V. 169,
beginning
decreased business,
surplus—
—V. 169, p. 600.
of
SHEET, DEC.
S
Other
.
Boston,
1948.
120,142,433
_
taxes
Balance
the
record
;
company
weeks
Period End. Dec.. 31—
rep—
October
5,544,534
and depletion-—
deprec.
for Federal
Provision
pany
the
since
~
87,268,523
_—_—-
Maintenance
Other
Cincinnati Street Ry.—Earnings—
with
$499,941
1948.
6,938,577
2,616,479
_
Dividends
Balance
shares
prior periods.
in
basis (after transin excess of esti¬
gas
8,576,192
2,670,690
—ii—
misc. income
&
revenues-
Operation
600.
Revenue
fl3,452,874
of
108,895,551 $102,146,605
Total
Fixed
shops
Govt,
Special
of
on
2038, to holders of
1949.
Feb.
on
March
on
15,
"Cash," shall be ex-interest
tinue
$483,734
first-out,
cost
11.061.793
s.
interest
Chicago Great Western Ry.—Interest Payment—
Payment of interest of 416 %
income mortgage 4 VxVo
The
in
of
tLast-in,
$7,109,465
subsidiaries
Subsidiaries
$9,691,984
1947
$
"
gasoline
operations
wages,
replac
par),
general
contracts
1948
inventory).
shares
investments
panies,
—*
and
Other
Income
'for
in
accounts
1946.
.
LIABILITIES—Accounts payable (trade), $561,702; accrued
•$144i348; accrued state taxes, $126,308; accrued social security
the
in
Feb.
$10,352,211.
at
current
Accounts
COMPANIES—
revenues:
doubtful
Cash
STATEMENTS
1948
Years Ended Dec. 31—
SUBSIDIARY
property
below.
See footnote under "Consoldiated Income Statements"
CONSOLIDATED
/ ASSETS—.Cash, $1,130,534; accounts receivable, $1,832,608;
inven¬
$2,784,508; U. S. Govt, bonds to provide for excess cost of
replacing machinery and equipment, $400,187; cash surrender value
officers'
life
insurance, $110,882; land, buildings, machinery and
equipment (after reserve for depreciation of $1,798,855)., $4,037,858;
patents, $35,580; deferred assets (expenses prepaid), $20,055;
total,
for
Investments in
16,343
(O)
1,626,422.
587,531
(ASSETS—
*
92,414
7,207
Net
565,274
2,796,875
92,434
and
discount
debt
of
1,989,438
1,826,662
in
41,402
7,172
tories,
$500,000;
12,565,272
82,508
Amort,
2,277,060
136,645,499
2,034,981
*1946
155,546
on
3,296,951
141,332,667
1,996,219
damages
contributions
BALANCE
$3,025,657
consol.
»
Miscellaneous
div dend resulting in the issuing of 35,000 shares, thereby
$875,000 from surplus to capital account.
The balance
shares remains in the treasury for future corporate pur¬
SHEET,
:vi.
$3,441,599
$16,961,110
admin,
and
Provision for Federal
$2.26
1,386,350
143,039,355
2,084,496
and
$502,804
12,229,874
p.
1947
,
71,698
j;> V
reserve
1948
Other taxes
BALANCE
ONLY),..
(COMPANY
$4,324,140
subsidiaries
from
1.281,245
in
consol—
revenues
General
35,000
poses.
common
STATEMENTS
income
Total
------
35,000
$3.91
stock
25%
transferring
of
350,000
350,000
$5.85
stockholders
the end of the previous year.
60,376 at
subsidiaries
from
932,292
1,248,220
in¬
677,686
reserve
to
The
-
35,000
share...
common
"After credit
385,000
875,000
........
Other
$351,443
$582,466
$1,060,272
„
Columbia's re¬
Columbia
63,060
were
Years Ended Dec. 31—
Interest
919,792
740.957
and
Definitive
there
1948
INCOME
143,000
Dividends
Net
cubic feet.
trillion
43,259
480,191,718 417,945,440 406,305;654
mated
1949.
26,
of
compared to
record,
2,281
"
replacing
of
Jan.
on
the
At
■
18,186,714
construction-—
and
ferring
project
largest
4,869,014
17,012,559
history.
proposed for 1949 is a 26-inch line from a
point near Charleston, W. Va., to Rockville, Md., where the System
delivers gas at wholesale to Washington Gas L'ght Co., which serves
the nation's capital
and its vicinity.
An application for a certificate
permitting this constrution was approved by the Federal Power Com¬
1,313,907
$1,079,626
5.11
total
now
highest in
the
now
are
The
181,002
1,357,567
$2,420,015
Miscellaneous
serves
9,961,884
11,203,660
companies,
pipeline
1946
$13,858,222 $11,900,125
$17,454,868
Depreciat.on
General
*'
1947
1948
6.193,132
15,516,300
1,272,917
Capital
cubic feet
trillion
2.74
the Appalachian area, 73% of which underlies System-controlled
acreage.
The System's Southwest reserves, based on contracts with
Chapman Valve Mfg. Co.—Annual Report—
58,277
stock
reserves
1947
lay in
Years Ended Dec. 31—
18,000,000
84.058
9,347.674
injuries
for
of
"After
and
20,000,000
16,000,000
companies-
common
subs.
Total
in
3,569,102
77,600;000
—_____..
in
of
deposits and accrued
for
Advances
Other
11,018,520
77,500,000
interest
Reserves
into
natural, gas reserves increased to a
the System's
1948,
31,
7.85
last
area
properties
drilled
which 146 were
fields to improve dellverab.hty from this source.
the
in
15,820,869
77,500,000
45,000,000
Other current and accrued
liabilities
Depreciation and depletion reserves
was
name
389
were
1946
1973-:
thereon
Miscell.
properties.
electric
all
due
payable
se¬
changed in April, 1948, following the sale
Columbia Gas System, Inc., remains
a
registered holding company under the Public Utility Holding Com¬
pany Act oi 1935, the "parent" of 19 subsidiaries, which are operated
as
a
single integrated system.
None of these subsidiaries has any
debt outstanding in the hands of the public.
Feb.
business
of
to
is required to meet the still in¬
the corporation plans to sell more
1949,
and additional securities later in the
to finance part of the 1949 construction program.
The
of
15, 1949.
The New York Stock Exchange has directed that the
bonds be
quoted ex-above mentioned interest on March 7, 1949; that the bonds
shall continue to be dealt in "il t," and to be a delivery in settlement
of
Exchange contracts made beginning March 7, 1949, must carry
the July 1, 1944 and subsequent coupons.—V. 169, p. 599.
record
paid
were
System.
more
even
360,654
The offering
shares.
1,205,335
of
1.096,327
1948
demand
for
debentures
in
March,
District of
Jersey, dated Jan. 17, 143, payment of interest of 10'h on the
100-year 5%
general mortgage god bonds due 1987, and of 8%' on
the 100-year 4% general mortgage gold bonds due 1987 will be made
beginning March 7, 1943, on surrender of coupons due July 1, 1942,
Jan. 1 and July 1, 1943, and Jan. 1, 1944, at The New York Trust Co.,
New York, N. Y,
Said payments on registered bonds will be made to
Pursuant
total
a
commissions
but
creasing
New
corporation a slight premium.
approximately $57,000,000. is being put to work
facilities wh.ch will soon be generating new rev¬
additional
building
for
1,199,126
134,528,740 122,298,740 122,232,560
15,193,097
14,639,665
14.565,518
:
taxes
terest
86,262
over-subscribed
1,127,201
255,585
1.108,192
$
par
110
interest
surplus
Accrued
allotment.
The offer was heavily
shares were available for persons
to
only
that
so
had
257,703
933,590
serial debenntures;
Customers'
stockholders, at $10 a share,
ten shares held, with an over¬
each
for
subject
privilege
subscription
over-subscribed
who
"■
% '■/<>
Accounts
the System's
common
256,291
__
(net)
surplus since Sept. 30,
debentures due 1971
Accrued
filed with the SEC for 500
Annual Report Reveals
—
stock,
surplus
Minority
to be sold at market on behalf of Thomas E.
Chicago.—V. 168, p. 1479;
of underwriters and netted the
stock was offered to the
group
at
Int. & oth. deducs.
of
bonds.—V. .167, p. 2131.
service to the public still further,
capital was obtained through the sale in March. 1948, of $45,000,of 3>/4% debentures and, in October, of 1,223,000 shares of com¬
stock.
The debentures were sold through competitive bidding to
The
6,353,978
1,312,293
2,065,049
deposits
debentures
1
H. Davis & Co.,
expand
to
and
3(4%
New
order
9,661,429
1,318,427
'
——
3V«%
the issuance
approving
on
was
System, Inc.
15,422,55.7
basis)
LIABILITIES—
^'Common
Capital Needed in 1949—Stuart M. Crocker,
President, on Jan. 31 said in part:
new
oper.
Non-oper.
notification
of
common,
by Paul
Columbia Gas
1,679,000
eral income)
($1 pari
More
and
taxes
equiv. special chrgs._
Taxes (other than Fad-
letter
a
6,339,039
480,191,718 417,945,440 406,305,654
Capital
Miljing & Elevator Co.—Filing—
10
Murchison
$1,736,960 $20,428,714 $17,433,857
1,069,864
9,932,699
7,527,031
166,750
2,048,559
1,915,327
$1,865,734
£45,080
.
Net
Feb.
(FIFO
:
Total
1948—12 Mos.—1947
1948- -Month—1947
Period End. Dec. 31—
21
mortgage
$12,000,000 first
Colorado
On
shares
Operating revenues
Operating expenses
March
vote
will
stockholders
cost
debt discount & cxp.
deferred charges
and
purposes.
COMPARATIVE INCOME
funds
Earned
The
8,799,983
6,552,548
construction, maintenance and
Special
Vote on Bonds—
Colorado Fuel & Iron Corp.—To
approximately
10,813,376
5,327,858
taxes, gas lease
royalties, etc
operation.—V. 169,
1949 had 369 stores in
29,
Jan.
on
1,241,232
26,472,808
14,418,121
12,714.519
receivable—
notes
operation—at
204.
p.
representing borrowings for construction
First National Bank of Boston,
company
10,890,318
Prepaid insurance,
1
rentals and
$12,449,526 $12,064,262 $11,776,577
Sales
statement with the SEC
covering the $5,000,000 u ; u- car iirst and general mortgage bonds,
series R, which it proposes to sell at oompetit'.ve bidding.
Application previously was filed under the Holding Company Act for
authorization to issue and sell t.iese bonds.
It is a part of the com¬
pany's program to raise $16 uOO.OOO in 1949 through the issue and sale
of securities.
The sale of 286,496 shares of common stock ($10 par)
was authorized by the Comm.ssion Feb.
1, 1949.
Proceeds from the sale
of the $5,000,000 of bonds Will be used to reduce notes payable to The
Feb.
on
and
31,923
17,974,043
tGas in underground storage at cost
and
supplies—principally
Jan. 25, '47
Jan. 24, 48
427,646
31,039
Sales 3% Higher—
Jan. 29. '49
340,519,590
29,326
reserves)
investments
cash
0Accounts
1
The company
—
(less
Materials
Other
Four Weeks Ended—
410,951,305 367,530,162
175,576
367,096
—
Unamort.
Colonial Stores, Inc.—Current
1946
20.106,902
2224.
p.
31
1947
(at
cost):
Tangible
$5,000,000,
to
equipment
Miscell.
and for constructing addi¬
tions
and
betterments.
The
unexpected portion of the company's
construction budget approximated $87,480,000 at Dec. 31, 1948.
These
represented projects
already under construction or scheduled to be
initiated during 1949 and which will be paid for over the next several
agreement,
and
Intangible
investments
will be entitled to subscribe
new share for each five shares
1949,
SHEET, DEC.
1948
;
plant
original
;
14,
March
held, plus additional shares (subject to allotment) not subscribed
lor by other stockholders.
No underwriting is involved.
The terms of
the offer are to be supplied by amendment.
Proceeds of the sale will be used to pay off loans under its credit
petitive bidding.
be
a
par).
record
shares
new
Property,
registration statement with the
stockholders of 464,912 shares of;,
Feb. 15 filed
offering to its
(no
of
;V /.
then
been selected as underwriters for the
stock which will be sold without com¬
have
Co.
an
stock
the
lor
Central Maine Power Co.—Underwriter for Stock—
Harriman
proposing
'Stockholders
the
placed
who
on.
company
common
new men in
nomination, C. Russell Feidman and George B. Bryden.—V. 168, p. 740.
William
,y
BALANCE
CONSOLIDATED
Registers With
—
ASSETS—
'
SEC—
,
,
Monday, February 21, 1949
CHRONICLE
FINANCIAL
&
Cleveland Electric Illuminating Co.
and its President until the suit
company
,
At
Davis
COMMERCIAL
THE
(800)
"Nets, income '
"Before dividends
62,538
Cr97,864
778,711
182,861
$2,871,614
on
63,847
-
768,482.
(£>193,720 Crl,196,729
703,378
8,892,239
207,208
770,544
Cr246,997
1,986,904
8,455,667
2,047,579
$2,438,766 $28,764,793 $29,87i;7
preferred stock of parent corporation
NOTES—(1)'Dividend
arrears at Dec. 31,
1948 of 817.00 per sha
outstanding shares of the corporation's preferred stock $6 ser)
(not including fractional scrip) amount to
$24,497,119
on
the
(2)
Consolidated
net
income
lor
the
year
1948
representing the net income of South Carolina Power
includes
Co
for
$312 0
the
fo
Volume
months ended
Southern
of
Gas
Public
Community
The
the
dated Jan.
of
1,
Proceeds
promissory
notes
nine
states
issuance
The
each
by
Republic
Central
the
Royal
'
are:
Kansas
Mutual
Employees' Pension Fund
Mutual Life
Life
Trust
The
lor
($14
Unappropriated
IICost
in
/ ■
in..ui'.,
decline—*_
price
said
the
sale
proposed
the company's plan to
raise
surplus.
held
in
doubtful
for
in
treasury
Feb.
13,
kwh.
Feb.
on
(electricity
$32,000,000
in
the
corresponding
of
and
of
week
electricity
with 213,800.000
kwh.
0.3r,'o .—V.
that
of
1948,
for
the
corresponding
Electric
Wholly-Owned
week
Subsidiary)
Other
income
Other
9,157,182
8,684,458
$8,187,832
$8,343,697
•Based
on
629,536
544,392
for
and
general
doubtful
Federal
State
$8,888,090
Amortization
of
7,145
income
the
at
S4.92
24.000
after providing for
U.
value
Dominion
S.
for
estimated
Treasury
set
was
|
lent
251,237
3,683,216
7,462,503
of
Dividends
___—$1,340,584
pfd.
on
stock
8,125,776
3,844.456
in
205,457
and
$1,059,793
„
$1,220,309
than
which
other
single
any
the
pass
100.000
construction
95%
of
all
utility
mark
plans
in
in
farms
its
serves
of
be
2,465,193
in
served
by
23,000
the
United
during
Justin
R.
1949,
as
§Accrued
30,
basis)
or
Reserves
1948
(after allow¬
inventories—
market, $5,327,654;
stock, $45,050; cash
taxes
stock,
surplus,
capital
the
stock.
common
share
per
book
The
and
value
$36.05
was
there was
approx mately
in
spent
during
this
No
the
other
expended
bringing
to
outlets
to
and
additional
end
the
there
and
current
of
were
105.—V.
remains
year? to
is
program
stores
lines
in
farms
are
of
to nearly
use
thousand4
National
registrar
expected
farm
22,000
to
lines
be
connected
built,
miles.
The
raising
customers,
including
along these rural, line's;—^V. 169, p. 497.
small
the
Bank
the
stockholders
shares,
the
enterprises,
the
on
<
directors
present
during
Continental
The
for
company
Engineering Co., Carrizozo, N. M.—Filing
the
of
City
stock,
Jan.
on
shares
500.000
of
used
lor
28
C.
equipment
letter
a
stock
Hitchman
and
Feb. *25
to
propose
act
the
&
notification
of
(par
with
Federal
SEC
the
The total
Co.,
be offered at par.
York.
Proceeds will
declare
New
expenses.
K.
Clif¬
in
ford, President, on Feb. 10 said in part:
'.'
the
Net
sales
of
pared
with
$27,086,139
during 1948
were
corporation
as
for
follows:
the
for
the
year
First
the
year
totaled
quarter
Net
$29,743,309
sales
$7,170,087;
by
com¬
1
quarters
second
of
As
the
quarter
close
of the
year
two subsidiaries, Continental Ohio Steel
Price Steel Co., were liquidated.
The plant prop¬
companies, located at Canton, Ohio, and Indianapolis,
together with other assets, were sold some time ago and it was
Ind.,
considered
to
unnecessary
continue
CONSOLIDATED
legal
existence
the
after
1948
deducting
cash
discts,,
returns
1947
loan
annual
Total
sales, revenues
of
& other credits—
Provision
for
Provision
for
Federal
income
excl.
net gain
•
admin. & selling exps._______
depreciation———
sales,
increase
credit
i,
$29,843,031 $27,180,340
—i v
26,524,380
493,501
'
490.855
•
890,000
■
tax——*,.
■-
1,200,000
of
of
Gain
plant
on
State
&
of
equip,
in
1947
on
Dividends
Federal
for
rredi^rt to surplus—
equipment, less related
$1,625,150
paid
Earnings per
company
6%
Powder
serial
indebtedness
the
or
accrued——
common
share
u—_:
877.390
v,>
752,059
33.24
$2.58
v
.
of
in
net
the
carries
an
Co.
As
the
of
on
first
result
a
close
of
the
working
was
Dec.
at
approximately
capital
during
the
&
of
the
first
payment
being
outstanding common stock of the Darco .Corp.', The
of preferred and common stock is held by 166
79.9%
remainder
At
a
Co.,
on
bid
a
at
the
of 99.158,
sale
a
were:
the
For
n*t
interest
Halsey,
31„
'
1948
ASSETS—Cash, $78,357; U. S. Govt securities, $299,426;
'
cost
Stuart
cert.licates
&
letter of
a
($5
par),
to
notification
be
olfered
as
—
with
to
the
SEC
stockholders
the
issuer
March
will
15
be
asked
10.000.000
the
to
to
increase
15,000,000
management
in
the
Capiauthor¬
shares.
order
that
the
have
expects
to
capital
rely
on
plant expansion program.
/->.
capital stock and bond financing
and has no plans for issuing
requirements
*
only
the company's
1.973
own
more
'
52.000 stockholders own
than
500
50
shares
shares.
7 said in part:
the stockholders on Feb.
1949
the
company
Report
expects
time."
Reveals Further
.
for
was
them
stock
the
special meeting of stockholders
authorized
rate
stoc-kholders..»w>*-.^.-^.1 ,f
DEC.
received
169, p. 699.
Financing
Contem¬
plated—The company in its annual report says in brief:
April
due
and
Annual
outstanding preferred and
the
SHEET,
be
RR.—Equipment Trusts
issue of $6,900,000 2%%
coupon.
the securities market at the
upon
were
92%
to
to spend about $50,000,000 for
1950 at least an additional $41,500,way at the end of 1949. The funds
remaining on hand from the sale of the convertible debentures, plus
reserve
appropriations and funds otherwise available from operating
income, should carry our construction program into the fall of 1949.
At that time, or even sooner, depending upon the state of the securi¬
ties
market
and our
prospective needs, further financing may be
done. The nature and amount of such financing will largely depend
1949.
owns
Equip. Ctfs.—
bids
plant and equipment and in
to complete the work under
000
this
of
1948
indebtedness
corresponds
and
$36,173
are
16
filed
8
common
on
half of
than
"During
new
mortgage
current liabilities may not be less than 2 to 1.
interest rate of 3%
and is repayable in semi¬
$25,000,
of
to carry on the $150,000,000
letter to
A
be
instalments, of
for
trust certL"icates.—V,
new
stock, par $20 from
is requested by
may
near-term
less,
or
New
notes.
at
amount
indebtedness
increase
of
set
the
en
held.
to
at
The
3%
and
basis
held Oct. 26, 1948 the directors
debentures. The interest
issued rights to subscribe
for each 15 shares-of
Detroit was made trustee under
ten-vear convertible
issue
of
National
stockholders
$100
Bank
of
of
were
debentures
and, together with Bankers Trust Co. of New York.
subscription agent.
A total of $44,671,000 principal amount
subscribed for and the balance of the issue. $1,970,400 principal
indenture
acted-as
accounts re-", r was
reserve
of
$9,451). $143,159;
inventories, at lower of» •; .amount, _was-sold in the open market at a premium totaling $98,157.
Part-of the proceeds from the sale of debentures was used to pay
market, $317,664; due from Atlas Powder Co., $1,016; property* '
vail
plant and equipment", (after reserve for depreciation of $1,225,109),
outstanding short-term
bank /loans whic^
were
obtained tem¬
$847,338; goodwill, $422,706; deferred charges, $13,671; total, $2,123,335.
porarily to
finance construction.
The remaining funds are being
ceivable-Mess
368,078
a;
•
$1,2%,874
a
received
2%%
a
Feb.
on
company
its
More
manufacturing
company bor¬
York in April,
on
May 19, 1947.
Under
was
required to pay the
capital,
Atlas
with
in
BALANCE
taxes*
invitations
authority
necessary,
during
$99,083
provides that no dividends,* other than
declared or paid without pr or consent of
capital may not be less than $300,000 and the
Working
sale
sale of plant &
&
bids
for
shares
capital
The
of
additional
Bank
negotiated
refunds
avaiiable for issue not only enough stock for the
probable conversion into capital stock of the recent issue of $46,664,400
of debentures, but also that it may have stock available for sale, if
-
income
Net
Other
stockholders
This
agreement
may
Atlas Powder Co.
<-
24.502,611
•
——
the
of
City
due
unsecured
compared
—
The
awarded Feb.
was
69.123
company
company
with $2,425,406
compared
the
the
company's
amount
The
dividends,
bank.
and
of
tax
{In¬
168, p. 1580.
underwriting.
Proceeds will be used to reimburse
shares purchased by the issuer.—V. 160, p. 623.
ized
12,750
ratio of current assets to
allowances
—;—$29,743,309 $27,086,139
Discts, on purchases, int. & other income—_
t 99,722
94,201
——
the
This
agreement
agreement,
the
year.
the
&
100,000.,/
working
National
indebtedness
of
notes
adequate
The
credit
a
stock
-
Cost
provide
from
Federal
and
1947.
tal Stock—
1946
1947
$165,495
construction
in
Detroit Edison Co.- -Plans Increase of Authorized
a
amounted to $2,076,265,
finance
$100,000
1947.
with
issued
in the offering
Corp. and Stroud
15,000
for
$157,993
to
allowances
$4,519,889
without
497.
p.
$203,348
of
serial
31,
has
Offering of
—
issue
The
——
amount
transaction,
_
for
126,000
to
under
increased
further.;A"
ACCOUNT
Years—
Calendar
Sales,
their
INCOME
169,
and
and
$38,624,964 in 1947.
of
$137,764 in
1948
Detroit & Cleveland Navigation Co.—Files
$296,743
and
terms
6%
these
expense
$4,800,000 of equipment
on
Inc.,
The
the proposal to
1,500,000 shares to 3,000,000
a
66%%-stock distribution
9,750
155,000
$250,000
1948,
the
and
estimated
1947.—V.
preferred stock.
order
entire
Chapman
of
ap¬
699.
p.
$368,098
.
and
erties
been
169,
year.
In
rowed
third .quarter $7,002,595; fourth quarter $8,433,453.
Dec. 1, 1948, there were 2,644 shareholders holding the stock
corporation, compared with 2,584 in December of 1947.
the
At
Co.
has
$273,651
year
corporation
3
2.496%.
and
taxes_—V! ■'
the
in
1948
and
2'/2S,
the
following
proposals
were
received:
Harr's.
Hall
&
Co.
(Inc.),
99.5729; Harriman Ripley & Co., Inc. and Lehman Brothers (jointly),
99.5363; The First Boston Corp., 99.53.—V. 169, p. 601.
on
*//'/:• 7'.■'
working capital was $482,791, an increase
facilities,
$7,137,174;
of
for
§After
$404,878
returns
in
1.948
the Philadelphia plan.
1947.
Net
previous.
charges
income
Net
Corp.—Annual Report—R.
discount
1947.
in
approval of the ICC. The certificates will be issued under
total
indebtedness-—8,156
income
discounts,
$6,475,881
April 1, 1964. They were priced to yield from 1.30% to
2.70%, according to maturity and were offered subject to
to
improve¬
Co.
value.—V.
stock.—-V.
common
taxes
on
Federal
to
cash
of
$42,750,085
75,802,487
229,800,384
to
was
year
bringing
York
New
par
1948
interest
Interest
...
50c),
of
).062,289
Drexel & Co., Union Se¬
Inc. The certificates
mature $230,000 each April 1 and Oct. 1 from Oct. 1, 1949
this time.
year
favorably
stock from
common
outstanding
before
Income
Sales
Steel
Continental
filed
common
Underwriter,-William
-be
of
no
Darco Corp.—Annual Report—
/
in
and
curities
The
Calendar Years—•
*
for
reserves
receivables
Associated
addi¬
$160,000
planned
our
contemplated at
several
serves
8
equipment trust certificates series N was made Feb. 17
by a banking group headed by Salomon Bros. & Hutzler.
on
completion
1946.
estimated
30,100,112
10,000,000
(outstanding,
Denver & Rio Grande Western
1579.
p.
capital
on
increase the authorized
farm
total
business
If
year,
of
during
the
company .also
non-farm
company's
More than
value
par
shares)
Offered
com¬
share
fiscal
our
an
complete
opened
168,
the
of
value)—
par
no
Delaware & Hudson RR. Corp.—Bids on
The
Dana Corp.—Plans 66%% Stock Distribution—
miles
800
over
Chase
pointed
\
The
rural
electrification extensions are a part of the
$46,000,000 electric and gas construction program for 1949.
7,000
The
of
($20
30,860,000
30,100,112
contingencies
of
2,676,836
15,000,000
and
there
and
near
facilities started in
to
2,756,310
10,860,000
declines
inventories
debenture
1948
par
no
the
of
per
improvements
for
$957,000
program
major
retail
new
in
reserves
$146,155
.
year,
10,446,388
insurance
price
our
$7.24
19,500,000
257,560,117
cluding
in
17,042,789
19,500,000
19,000,000
10,000,000
possible .future
stock
♦After
$190,839;
stock,
preference
life and other
group
stock
doubtful
March
prior
23,482,326
debentures, due April, 1365
'
and death and disability
Total
$13,894,502.
of
540,050
surplus
tAfter
3,755,453
540,050
1
preference
prior
.**
common
payable Dec.
514,056
6,008,724
1
$1,000,000
(less
income
series
491,878
payable Dec.
pensions
for
3,004,362
Earned
accrued salaries,
accrued pay roll taxes
general taxes accrued,
on
$1,516,038;
Whiting, ' President.' About
Michigan service area are
square-mile
493,881
12,583,990
Common
Copper Range Co.—Registrar Appointed—
<.
will
result
a
329,769
1,096,996
$13,174,438 $13,562,213
—
benefits
$1,183,910;
$2,916,960;
obligations
sundry
deposits
taxes
for
lor
NOV.
and
savings
for
$381,873;
total,
share of
per
the
spent
Five
customers
States,
—
—
dividends
Reserves
of
electric
316,575
725,557
1,509,122
assets
dividends
Preferred
1,
approximately $3,000,000,
$11,144,426 $11,530,954
farm
more
company
farms
announced
connected;
now
already
52,099,259
316,575
330,630
257,560,117 229,800,384
Common
Leads Nation's Utilities in Farms Served—
company,
63,929,244
;
—
payable
Employees'
$101,521;
drums, $39,357; sundry
property,
plant,
and
equipment
of
$1,951,5301, $3,953,594; trade¬
share),
shares),
increased
facilities
retail
This
300,934
29,087,187
67,140,510
subsidiary not consolidated—
charges
$7.58
$12.38
preference
state
notes),
per
our'program for additional needed
3,843,577
2,917,192
31,587,254
41,106,974
Total
sinking
a
1948.
30,
tional
$1,425,766 $14,061,619 $14,046,147
280.790
1947
$47,348,019
77,357,259
equipment
in
Reserves
payable,
requirements
March
on
$3.65
ments.
Balance
and
Reserves
bonuses, $1,054,015:
employees, $77,996;
Federal
$60
amount
stock
mon
Nov.
$1,711,246 $17,906,075 $17,839,724
285,480
<
13
6,012,197
investments
Accounts
fund $45,000 for purchase and retirement
prior preference stock, which amount will
1949.
y
v'v;.'
.Working capital during the year was.Increased $797,524, the equiva¬
retired
300,000
and
from
218,774
aside
like
a
be
amount
income
$4.73
,
$614,506.
OCT.
—
393,793
SHEET,
prior
accounts
surplus, $6,544,857;
of
4,112,265
SHEET,
receivable
accounts
148,219
first-out
of
depreciation
savings
value
jissued
7,557,000
25,000
BALANCE
of
of Canada bonds—
Miscellaneous
trade accounts receivable
of
$205,000),
$2,176,716;
insurance,
etc.,
$25,944;
withheld
(par
41,542,186
1,140,479 (
refunds
tax
1948
and
InvesLinent
Other
'
Net
6,008,724
2,160,200
$8.49
securities
Government
514,119
$9.23
lile
of
commissions,
taxes
8,257,000
r.
8,261,995
—
stock
$60,272,559
S.
145,493
BALANCE
(first-in,
securities,
48,702,370
359.999
stock-—
common
Inventories
20,000
L.
redemption
NOTES—Under
1948—12 Mos.—1947
$7,587,280 $86,740,218 $79,049,189
$1,700,583
on
common
deducting estimated Federal
437,548
accounts
cost
of
for
allowances
wages,
and
$5.46
'
Earnings—
25, 000
495,336
16,363,540
ASSETS—
U.
marks, formulae, etc., $1; deferred charges, $306,745; total, $13,894,502.
629,750
(net)
per
$1,808,700
150,000
stock
$1,917,921;
doubtful
accounts,
earned
taxes—_ J
Int. & other deduc.
31,000
$2,857,690
stock
common
fund
surrender
stock
957, 409
income
———
prior preference
on
During
Gross
1,798,000
$2,165,682
lower
sinking
4,080,805
_)
739,173
27,681,997
2,160,200
Cash
$3,147,191
18,492
1,120,000
180,000
$4,688,693
2,003
1,326,000
taxes
on
for
ance
plant
taxes
Federal
taxes
preferred stock, $1.40 a share
on
dividends
Preferred
688, 083
acquisition adjusts..
General
95,208
surtax
&
tax
CONSOLIDATED
4,749, ,776
depreciation—
income
773,775
'14,150,000
aud
;
CONSOLIDATED
$3,067,052
80,140
$4,593,485
99,374
profit
$28,015;
$8,120 ,852
expenses
for
107,602
$3,522,827
ASSETS—Cash,
$7,650,036
$7,027,242
1948- -Month—1947
'—_v-—i-":
revenue
Prov.
63,950
profits tax
income
value
Gross
7,213,534
i
excess
Dividends
3,393,515
shares outstanding
Consumers Power Co.-
Operating
7,854,647
$3,423,453
Dividends
$11,043,551
1,860,847
$4.51
of
589,424
20,300,000
income
—
Cash dividends
Cash
$9,074,472
5,920,650
86,770
exps.__
Earned per common share
169, p. 698.
Perlod Ended Dec. 31—
$11,914,621
accounts
Federal normal income
642,343
$6,881,333
number
other
obligations—
Dominion
income
♦Notes
income
(after
average
Net
335,486
Interest charges
$10,401,208
1,933,035
preferred dividends.—V.
and sundry
and
profits taxes
for
receivwvnes
LIABILITIES—
7,410,440
sharc__
doubtful
and
Federal
Provision
$8,738,986
387,900
$11,342,050
income
Total
5,392,487
$8,817,368
per common
$11,526,721
Balance
33,088,031
(net)
*u__
debentures
on
lor
excess
12,201,621
15,968,281
435,354
;
admin,
$62,889,038 $56,292,167
5,511,320
income
Net
Interest
radio
of
oper,
LIABILITIES—Trade
♦Earnings
17,538,888
________
allowances,
obsolescence
40,349,561
_
deductions
22,615,048
27,124,146
and
1946
5,090,068
income
Gross
140,738,427
2),350,673
{Deferred
./.
48,803,248
__v_—*
income
Income
vv/;
1947
$71,238,330
:
~
__
——
♦After
$10,906,696
—
_—
from
—
Provision
Local
kwh.,
compared
last year, a de¬
of
1948
revenues
267,266
1947
1946
$27,495,002 $20,940,607
18,793,697
—
income
Selling,
Light & Power Co. of Bait.
Operating expenses
Depreciation and amortization
309,'<37,221 212,014,979
all,678
3j2,769
Provision for cash and volume discuu.i-.s, returns
in
$154,178
of
31
1947
212,675,014
20-year 2%%
Gas
ENDED OCT.
——1
—
Cost of goods sold
698.
p.
12 Months Ended Dec. 31—
Operating
YEARS
■
(net)
income
tProperty
8.7%.
of
decrease
a
preferred stock
on
xoa2.
297,602
(& Subs.)—Earnings—
$29,700,393
income
Total
the
213.200.000
to
(And
Taxes
1948
p,
Shipping, selling, admin. & general expenses——
needed
output of elec¬
week
ending
System
purchased)
amounted
for
169,
Consolidated
operating
31,
lo7,
310,346,501
20o,061,088
Total
{Set
1948
station
Net
Total
Dec.
share.— V.
per
for depreciation of $7,923,694
reserve
products sold
Balance
first
the
was
capital
new
of
Gross
\
1949 amounting to 221,300,000 kwh., compared with 242,400,000
for
distribution
crease
announced
16
generated
discounts
and
accounts
1947.
sales
Net
Cost
Consolidated Edison Co. of New York, Inc.—Output—
company
since
V '
dididends—
and
Miscellaneous
aside for plant additions and
^Including re. erve for wage rate inequities.
11255 shares
250 shares in 1947.—VI 163, p. 1901.
In
Years Ended Nov; 30—
construction
program.
The
company
expects to
issue new securities in the next two years to finance the remainder of
the program.—V. 169, p. 600.
The
$204
——
Interest
Earnings
$42,000,000
tricity
Sales
$18,613,872 $17,878,538
_____
tAfter
1947.
$7,583,612
and
1948
by sale of 3%
securities
of
150,000
6,9 24,734
Dr3,814
-
reserve
and
1948
value
(accumulated
oUrp.Uo
par
$2,123,335.
at
value
par
no
I
-
•
Commission
376,024
5%,870
7,022,680
1,000,000
to:.—
—
—
in
sales, the company was authorized to raise the balance
convertible
debentures..'' '
' :
'
in
earned
$i,
total,
arrears
for
reserve
no
Deere & Co.—Annual Report—
..
291,299
value)——___
par
inventory
stock
common
betterments.
electricity to residential commercial and indus¬
Kentucky, Louisiana, New
Mexico and Texas.—
The
company
was
authorized Feb.
14
by the Connecticut P. U.
Commission to issue 163,133 shares of common stock (no par) at $50 a
share.
In the event the entire $8,156,650 is not realized by stock
a
in*
are
CONSOLIDATED INCOME ACCOUNT FOR
$615,382
366,247
254,673
§1,873,189
250,685
609,039
7,022,680
500,000
150,000
6,240,353
Dr3,710
1,057,500
payable
coinpeus.
earned
and $150,152
1948
50,000
—
of
♦After
100,000
;
Connecticut Light & Power Co.—Securities Authorized
for
of
extent
the
32,146
,
$958,728
236,851
general taxes—
1*—____
Cook Paint & Varnish Co.
step
to
$18,813,872 $17,878,538
taxes
contingencies
Total
100,000
.
Co
168, p. 2428.
The
shares);
$907,030;
NOTE—Dividends
Prov.
200,000
100;000
in
customers
25,784
exps.—
commissions——
other
declared
future
for
sells
company
trial
stock
Common
and
income
operating,
250,000
___
Co.
Assurance
Insurance
for
Reserve
———
Guarantee Mutual Life Co
V.
otner
12,907.35
1935),
$e00,000;
$81 cumulative preieired sttKk of
shares!, $652,225; common s^ook of
18,635
(outstanding
3,000,000
accrued
$96,171;
liabilities,
i.ico.no, $210,658; notes payable
19oo-rjo3,
5,176,702
—___—:
and
dividends
Common
200,000
City Life Insurance Co.___
Lutheran
salaries
local
Reserve
-—
&
Co.
and
$7,250;
5
and
due
1948
Federal
500,000
—
Armour
for
$1,500,000
S
Co
America
of
wages,
State,
Reserves
V
Mutual Life Insurance Co
American
2,164,443
equipment——
notes payable
(outstanding
31,
payable
for Federal taxus on
$50,000;
1949,
insurance,
4,456,444
6,129,638
.
&
payable—trade
Reserve
amounts to be
purchasers and the
prospective
Assurance
Neighbors
due
March
—
Accrued
Inc., of Chicago,
to sell the bonds to
Co.,
proposes
company,
Equitable Life Assurance Society of the U.
Continental
estimated liability
market,
or
securities
Accrued
that
for
The
institutions.
purchased
LIABILITIES—Accounts
5,822,303
insurance premiums
Accounts
.
the
31
.—
cost
Total
issue, the company said, will be used to refund
and
to
finance
extensions and improvements of
the
application
handling
DEC.
SHEET
(801)
LIABILITIES—
facilities.
The
BALANCE
lower
buildings, machinery
Prepaid
1949.
of
(ao
secur.
Govt,
S.
tLand,
Bonds—
has asked the Federal Power Commission to authorize
$3,000,000 VU'/a. 25-year first mortgage bonds to be
company
issuance
$U.
Co.—Seeks FPC Authori¬
Service
on
receivable,
Sundry debtors
Invent., valued at average
whichever
zation for Issuance of $3,000,000
and
♦Accounts
1948 and the investment in Southern Indiana Gas & Electric
disposed of in January, 1949.—V. 169, p. 698.
was
Govk
;UV S.
of in May,
Co.
banks
in
Cash
CHRONICLE
\
*
1948
1947 '1
hand*..:-,—:—$1,893,592 ; $2,353,234
cjU plus accrued int.)
'1,374,407
2,000,962
trade
—
—___
1,173,493
850,674
v
30,207
8,376
ASSETS—
1948.
FINANCIAL
&
CONSOLIDATED
1948 and $1,439,206 representing the net income
& E'.ecti'ic Co. for the '42 months ended Dec.
April 30,
Indiana
Consolidated netr income for 1947 includes $801,567 and
$1,344,961 for the respective companies. The investment of The Com¬
monwealth & Southern Corp. in South Carolina Power Co.. was disposed
31,
COMMERCIAL
THE
Number 4779
169
cost
or.
Vti..
*.
<>
THE
(802)
used
lo
1949.
portion
sold
be
of
value,
redeemed
or
times
during
program,
as
various
at
194.9
cash
the
as
Aug. 31,
construction
company's
is
will
contemplated,
now
financing
in 1949,
The type of
that time will be determined later.
sale of convertible debentures as a
means
of
financing was in 1922,
Since then new money has been
obtained from time to time through the sale of other types of secu?
require
The
which
primarily
The
be
will
company's
rities,
long-term
further
some
security
number
issued
of
the
an
increase
year-end.
of
J
the
of
owners
at
1948,
There
11,930
"""V
,
tional
stock reached an all time
52,154 stockholders at Dec. 31,
number at the end of the pre¬
the
30,
CAPITALIZATION
■■
holdings of Detroit Edison stock during 1948. This was accom¬
plished in four different offerings subject to competitive bidding and
four
2.65%
First
off
the
Detroit
Light
American
Tract
&
..7%
Co.
INCOME
earnings
"Operating
Maintenance
Uncollect,
Approp.
and
119,864,759
opers.
106,732,899
90,765,095
70,388,260
59,230,593
46,867,548
10,903,425
utility
9,876,535
7,356,366
_
_____
repairs..*.
127,437
89,185
retire,
franchises
of
elec.s
of
1
7,620,000
2,518
Taxes
(other than
Prov.
for
income
Balance
Other
10,108.453
9.142,996
3,983,000
4,755,000
taxes
„.
14,824,104
___
Interest
Other
debt
4,259,234
Amort,
of
long-term
debt
from
loss
to
sales of
employees'
130,075
expense
real
past
in
services
(charged
redeem
of
steam
cost
est.
abandon
the
div.
$671,000
Dist.
Wateree
Co.,
Fall
all
Power
Co.,
subsidiaries
located
in
such
companies
1924,
Nov. 30, 1927 Southern Power
On
April
on
the
territory.
acquired
so
Southern Public
1935
30,
company,
company is
The
acquired
paid
principal
to
North
oi
is
company
distribution
and
engaged
1947
the
several
UNDERWRITERS—The
250,000
and
—V.
the business of
in
and
sale
South
are
in
energy
Carolina,'. Other
the
businesses
of manufactured
operation
in
businesses
of
the
contributed the
87.24%;
company
the
several
names
to
amounts
be
of
the
purchased by
7,633,560
Hals'ey, Stuart & Co. Inc.$9,500,000
Adams
12,722,'300
Peck
&
A.
Ketcham
200,030
A.
Co.—
100.000
John
Allyn and Co., Inc.
600.000
John
100,000
Carl
C.
&
M.
&
The
;
M.
Nongard—
Kidder
C.
Mackall
&
Co.._r
100.000
Mason, Moran & Co.—
100,030
McDonald
500,000
of
$895,000
provision
such
1 •
\
tric
'
'
•
unci.
plant
$6,268,623
acquisition
balance
adjustments
acci )
Other
accounts
Prepayments
Claims
and
for
insurance,
of
981,092
Miscellaneous
794,198
(less
exp.
on
debs.
conv.
share)
a
3%
2%%.
due
convertible
Accounts
vision
for
on
funded
Miscellaneous
Dividend
and
income
Retirement
current
and
Casualty
and
of
elec.
1.622,962
reserves
279,328
39,668
ried
represent
sent
or
amount?
the
historical
determine
cost.—V,
169,
Duke
which
present
cost
sale
Power Co.
—
■24.225
The
Other
bids
received
at
25,331,086
and
do
not
purport to
15
on
bid
a
of
100.803.
2%s
100.149;
1,
1949; due Feb. 1, 1979.
1
as
Interest payable on Feb. Hand
York.
Bonds will be redeemable
at agency of company in New
at the option of the company in whole or in part at
any time prior to
maturity on at least 30 days published notice at the regular redemption
prices, the initial regular redemption price being 104.31;.bonds will also
be redeemable upon like notice through operation of the replacement
fund
through-»applieation of certain moneys paid to the trustee
or
the
to
special
provisions
redemption
of
prices,
the
the
101.31, plus accrued interest in
Bonds
are
Trust Co.
dated
of New
Feb.
York,
1,
1949
PURPOSE—The
for
initial
each
and
pur¬
and
refunding mortgage, at the
special redemption price being
'
case.
are
due
Feb.
1,
1979.
Guarantee
trustee.
net proceeds will be used by the
company for the
financing in part the completion of its construction program
the purpose of reimbursing its
treasury for expenditures in
purpose of
and
first
_,_
&
F.
\
folk
&
Shaughnessy
Robert
100,000
Stein
& Co.__a__
Showers—-
Bros.
•
&
100,000
250,000
100,000
——
Boyce__200,000
Lowber
Stokes
Strauss
150,000! '
& Co.--<a_r_
250,000
Weeden
200,000
Wurts,
150,000
Co.
&
Harold E.
Inc.—
Zuckerman, Smith & Co.-
Kaiser
margin of
PROGRAM—In
electric
reserve
,
since
—V.
168, p.
effort
an
service
generating
in
its
to
meet
capacity,
the
Also to
the postwar in¬
territory and
to
company
total transformer capacity of 435,000 K.V.A.
of escalator clauses in contracts covering
major equipment,
it is not possible to give an accurate, estimate of the
additions. It is believed, however, that an approxi-
cost of the foregoing
#
on
Feb.
16
approved
'
...
proposal to change the
$20 each, to 600,000
a
capital stock from--300,000 shares,
of
.
par
$10
par
March
$10
par-stock
distribution
will
Donald
after
March
on
31
split-un.
This
stockholders
of
the
to
L.
Buckler
and
stock
record
' v" *
Henry
R.
C,
Hickey have been ele"ted Vice-
Chauncey R. Eeckwith and John J. Kavanagh have been
Secretaries.
Messrs. Hickey, Beckwith and Kavanagh
Assistant
have
elected
been
Co.
of
First
Vice-President
First
to
the
Baltimore,
added
of
to
the
been
office
made
■'■.•'■■I
Presidents and
also
be. outstanding
to
be
3.
Bonding
to
*
each, two new shares to be issued in exchange for
each $20 par share outstanding.
The directors declared a 25% stock dividend oh the 240,000 shares
shares,
be built on the Saluda River near Pelzer, S. C., and is
start operations in 1950 and 1951.
Additions to the elec¬
tric transmission .system constructed since Jan. 1, 1946 or expected to
be constructed and placed in operation prior to July
1, 1951 include
over
820 circuit miles of transmission lines and step-down substations
a
'•'•■
Voted—
Pay 25% Stock Dividend—New Officers, etc.—
authorized
has con¬
is to
and the balance for
which was inaugurated
1798.
stockholders
The
restore its
1, 1946,
substantial
Because
program
will be completed during the first half of t'ms.yea'r.
■
Jan,
and other factors,
was
Fidelity & Deposit Co. of Maryland—Split-Up
operations in 1949 and 1950; and a new steam-electric generating plant
a
total rated capacity of 180,000 K.W. which, according to present
with
it
1946 and
in
early
100,000
with
scheduled
Products, Inc.
company,
named
plans,
Of¬
& Co.,
completion of its postwar construction
200,000
and is now engaged in the planning and
construction of,
additions to its steam-electric generating,
plants and its electric transmission and distribution systems.
Such
additions to the generating plants include two additional generating
units, aggregating 130,000 K.W. of rated capacity, at the Cliffside Steam
Station, placed in operation in 1948; a new steam electric generating
plant with a total rated capacity of 140.000 K.W. now under construc¬
tion on the Dan River near Leaksville, N. C., and scheduled to start
structed
below.—V. 169. p. 700.
Davenport, la.—Stock
Inc.,
presently outstanding $15,000,COO term bank loan.,
150,000
150,000
100,000
150,000
for
Shops,
Bake
shipping containers and cartonsvbs controlled jointly by Crown Zlellerbach Corp.'and The Paraffine Cos., Inc.''%'*'■
: :
;
i
Proceeds of the loan will be used in pact'Do/retire r the company's
1,000,000
Wood & Co.lb.
Dulles & Co
Wyatt, Neal & Waggoner
F. S. Yantis & Co., Inc..-
demand
Statement With¬
Registration
—
.
Smith & Lombardo,
Inc.^^i—__100,000
Thomas <fe Company
250,000-.
H. C. Wainwright & Cp.
100,000
100,000
in
obl'gation
ciety of the United States. The financing was negotiated
through Blyth & Co., Inc. and Dean Witter & Co.
,
i
The company, which is the largest West Coast producer of boxboard,
Stubbs,
S.
200,000
CONSTRUCTION
assume
— Notes Placed
Privately—
announced Feb. 15, has sold $25,000,000 3V2% promissory notes due 1968 to Metropolitan
Life Insurance Co. and The Equitable Life Assurance So¬
150,000f.
Co.
J.
Johnston, Lemond & Co.
crease
Ltd.
International Telephone & Telegraph Corp.
The
250,000
Nor-
Co
to
company
the
700.
p.
Fibreboard
100,000
200,000
Walter Stokes & Co.—150,000
100,000
&
the
not
by
Davenport, la., on Feb. 1 offered
12,000 shares of common stock (par $1) at $6,625 per
share. Proceeds go to selling stockholder.—V. 169, p. 601.
Co.—100,000
&
Edw.
500,000
Johnson & Co.__
Mines
fered—Quail
100,000/-
Shearson, Hammill & Co.
John B. Joyce & Co.—
R. H.
of
issued
and
169,
See
100,000
Mayer___
600,000
_
authorized
7
respect
be
April 14—
300,000
———i—
Stix
Johnson, Lane, Space &
Co., Inc
in
to
Federal
100,000
Co.—
Feb.
on
1,500,000
Co.—______
&
$1,801
Farnsworth Television & Radio Corp.—To Vote on Sale
& Mason,
Horner
Inc.
&
Co
V.
100,000
__■
200,000
Hutton
Illinois
$2,386
share__
registration statement (No. 77721 filed with the SEC Dec. 14
covering $100,000 5-year 6% bonds, was withdrawn Feb. 1.—•
The
last
.
Lee_'_
Sulzberger
$325,412
RR.—Equipment Trust Certificates—
ICC
liability
Erndale
100,000
Sterne, Agee & Leach-xStifel, ' Nicolaus & Co.,
Inc.
_____—i___—
& Co.—!
normal
sale
Co
430,005
$1,030,283
drawn—
1
Seasongood
100,000
100,000
Investment Corp. of
and
Stanley & Co., 100.31; The First Boston Corp.,
Stone & Webster Securities Corp., 100.36.
suant
E.
The
Offered—Halsey, Stuart &
at 101.31
150,000
Co—III—II"I"
&
Hirsch
repre¬
Morgan
Aug.
Hill
Feb. 16 offered $40,000,000 first
Feb.
&
478,911
$697,956
601.
p.
100,000
100.000
reproduction
or
•,
150,000
Inc.
Co..
Inc
Scott,
500,000
Harrison
car¬
were:
Dated Feb.
&
Co.
Herrick, Wadded <fe Reed,
434,215,801
are
■
Shep-
Hawley,
The Robinson-Humphrey
100,000
116,187
utility and other properties
the
■
E. H. Rollins & Sons Inc.
1,000,000
Hannahs, Ballin &
1,102,715
108,821
27,647,762
thereof
awarded
Co.,
Inc.
100,000
Ellis & Anderson
Hallowed,
.
was
100,000
&
Rand & Co._—i100,000
200,000
Co
&
317,220
$822,207
Rambo; Close & Kerner,
1,500,000
•
Steele & Co
Grimm
-
issue
ard
200,000
Merle-Siriith____
$1,015,176
$1,255,417
exceeding $6,300,000 equipment-trust
First National Bank of the City of
New York,
as
trustee, and sold at 100.117 and accrued dividends in
connection with
the procurement of certain new equipment.—V. 169,
500,000
Co.
Co
10,984
$1,509,194
393,126
...
com.
certificates,
Chris-
Inc
Pollock
Prescott,
Gregoiy & Son, Inc.-_u_
3,179,649
989,233
refunding bonds, 2%% series due 1979
interest.
E.
per
Erie
and
100,000
Writer &
tensen,
-300,000
&
6.341
169, p. 497.
The
&
Kendall. Inc.:
Peters,
Townsend,
1,576,936
3,258,236
Bonds
150,000
Copeland
Inc.
Bodine____
Green,
21,749
2.003,453
adjusts.
value, replacement cost
on
1,500,000
Palmer Co.——
Raffensperger, Hughes &
Ferris
;
Co. Inc. and associates
Otis & Co.——
100,000
Fauset,
95,034,527
108.
p.
Earns,
Prescott, Wright, Snider
co.
_—_V_
&
$1,502,853
7,144
$1,215,423
charges.
other
income
Net
—V.
150,000
Farwelf Chapman & Co.
197,290
98,737,257
____"
at
Co.
and
100,000
100,000
57,510
146,983
489,333,601
The
&
Int.
100,000
250.000
Co
$1,244,433
$1,008,032
3,687
receipts__
sundry
Total
100,000
100,000
House &
1948—12 Mos —1947
$6,829,367 $8,431,087
5,326,514
5,236,-354
150,000
—
Wm.
__
.
200,000
Clement A. Evans & Co.,
352,802
bonds
:_____
Total
NOTE
300,000
Co._
Corp.
Co.__
Dick
-
2,098,766
_I__IIII
___IIII_~~III
—
O'Connell
500,000
Co.
Crouter. &
169,102
2,098,882
reserve
__•
&
Inc.
200,000
1,451,538
Savings
credits
Earned surplus
and
6,71L928
debt
acquis,
Loeb
and
Alfred O'Gara & Co.____
100.000
_
ACCOUNT
INCOME
$1,211,736
revenue
income—interest
oper.
The Ohio Co.—
Dempsey & Company—
11,101,900
franchises_I_/_ZIII
plant
&
Este &
reserve___
contingency
Miscellaneous
Unadjusted
of
Homer
Codings & Co.,
DeHaven
pro¬
12,338,417
liabilities.—
amortization
amortiz.
S.
Newburger,
100,000
Detmer & Co.
178,677
(depreciation)
for
for
C.
Henry Dahlberg &
60,000.000
payable in following January
deposits
Miscellaneous
F.
working
500,000
Mullaney, Wells & Co.—
Patterson,
50,000,000
accruals
Deposits by employees for U.
Res.
50,000,000
taxes
unfunded
Co
New York.Hanseatic
1,000,000
;
Phillips Co
Curtiss,
763,517
declared
Customers'
Reserve
taxes,
100,000
Milwaukee
Roger S.
Courts
35,000,000
60,000,000
Net
Other
150,000
"
Proceeds will be used for
1948—9 Mos.—1947
$5,173,288
$4,936,857
3,961,552
3.928,825
revenue
oper.
200,000
Co.
with the SEC
letter of notification
a
COMPARATIVE
& ;
Davenport & Co._______
763,517
35,000,000
7,508,180
Federal
est,
Inc
Miller
C.
R.
100,000
46,641,400
general
The
100,000
&
&
100,000
C.
30,520
debentures
and
property
.,
,,
1143.
p.
Period End. Sept..30—
100,000
W.
Co.
100,000
Cassell & Co., Inc.
Securities Corp...
Clayton Securities Corp.
139,918,080
1982
1,
¥>(„
1,500,000
100,000
Co.______
168,
Operating & other exps,
Fenner & Beane____—
100,000
Co._____^
8 filed
Feb.
on
Co., Inc., Columbuia, S.
&
Gross
Pierce,
E.
1,000,000
City
23,040
payable
Accrued
Interest
Sept.
Lynch,
250,000
C.
3,526,352
139,925,560
—
capital stock
General and Refunding Mortgage Bonds:
Series G, 3 V2 %, due Sept. 1, 1966.
Series H, 3%, due Dpc. 1, 1970—
cn
I,
Co.,
Co
,
4,100,000
1
company
200.000
Milhous, Martin & Co.__
1,500,000
Inc.____;
and
&
&
Caldwell
489,333,601 434,215,801
Cap. stk. held for scrip ctfs. outstdg. (1,526 shs.1
Series
Inc.
Co.__
Cooley & Co
(par $20
I.
stock.-
100,000
'
250,001*
100,000
Co.
&
Broome
Burr
247,085
.1
Cap.tal stock outstanding
r.
_
Greenville/ S. C.—Files—
capital
100,003
Coe__
200.000
Branch, Cabell & Co
LIABILITIES—
Premium
Co.,
Lomasney & Co.—
&
Byrd Brothers
3,579,471
premiums)
&
Burnham
474,666
4,100,000
—
&
Rhoades
1,000.000
Merrill
%,
Baum
Whelen
Stockton
17,333,853
assets
Total..—
K.
A.
Loeb,
500,000
Boettcher and
income
!__•
taxes
Blair
2.138,149
413,336
Fed.
years'
Co.
Bioren & Co
12,171,897
etc
prior
profits
excess
Unamort.
14,542,136
22,171,055
for
refund
&
Parker &
Becker
G.
Biddle,
333,329
debentures..
eonv.
A.
11,862,106
!
to
George
7,259.200
24,853,561
___:
Robinson
Baker, Watts & Co.—_
Ball, Burge & Kraus
1947"
If
.€45,112
receivable
subscriptions
.
7,261,078
__
!'
-____2--._^____3._^_
receivable—trade
Ashmun Co.______
S.
Auchincloss,
Redpath
408,401,4f5" 576,290,200
investments
temporary
Instalment
C.
elec¬
in
properties—tangible
Inventories
Klima
31
1943
.____
G. Applegate & Co.
Arthurs, Lestrange &
in¬
k
■
/______
and
Accounts
,
DEC.
SHEET,
*
,,
'
*
Tangible
Casli
cost.
Federal
Brothers
Aspden,
,
,
Intang.ble
such
to
for
equals the reduction
taxes
attributable
to
income
BALANCE
CONSOLIDATED
Properties:
Other
provision
§ Which
appropriation.
ASSETS—
Utility
above
cost.
Federal
for
45.
p.
On
100,000
above
168,
Empire District Electric Co.—To Increase Stock—
April 12, the stockholders will consider increasing the authorized
stock
from
$10,000,000
to
$11,500,000
and
limiting pre¬
emptive rights of common stock on offerings of additional common
Legg & Co.—_;_v 200,000
Marx
the
,!;•
,.
5,000
capital.—V.
Kormendi Co—100,000
D.
in
I;I:
•
300.000
100,000
attributable
taxes
the
in
such
to
Credit Agree-
—
„v,
the
100,000
Co.——
&
100,000
income
reduction
Co.
*,
shares of common stock.
Present, stockholders, other than
management, will be given until March 15, 1949, to buy at $5 per
share, one share for each four shares now held.
Underwriter, Frank S.
for
Geo.
Federal
for
the
-;':v:.I
.
revolving, credit
a
"
<
Co.
Allison-Williams
$1.67
$1.59
$1.49 ■„
attributa ble
T
under
Emery Hill Stores Co*,
>
principal, underwriters
them, respectively are as
above
equals
/
company
(•contracts.—V.
several
100,000
provision
/
agreement with six banks,
which
became
effective on Jan;
25,
may
borrow up to $4,500,000
before June 30, 1950, to be evidenced by 3}/<t% botes,-due 90 days after¬
date
or
June
30,
1950,
whichever
is earlier.
A commitment fee
of 3/g of 1%
will be paid bn any unused portion of the credit.
The
money will be used to finance,: work;, under; certain,-defense (production
the
Anderson & Strudwick...
taxes
or
Emerson' Electric Manufacturing
The
gas
Almstedt
+Which
'
Feb. 10, .1949 the System input of subsidiaries
amounted to 73,889,000 kwh„ / an increase of
18.6%, over the corresponding week of last year.
700.
p.
ment—
j
the production,
of. electric,
'Including rents, general, selling and administrative expenses, and
provision for employees' retirement.
tEquals the reduction in the
come
kwh.,
169,
Smith
10,631,039
8.204.328
8,395,377
share
per
11,112,568
stock
capital
.
ended
corporation
this
11,597,000
non¬
Gas &
Carolina
following percentages of its total operating revenues: electric
transportation, 8.96% ; gas, $3.42%; water, 0.38%IV%7:'->
central
declared—
or
Peis®us
Corp.-—Weekly Input—
Power & Light
week
the
For
of
of
properties
South
of
200
■
10,450,641
on
1949.
operations.' now • employing
room
Electric
and
company
companies operating in parts
number of municipal utility
those
were
engaged primarily
sections
the
During
493,000
business
10 %<
1,
magneto
™
into- the
merged
were
municipalities, the operation of local transportation
systems serving 12 municipalities, and the operation of water supply
systems serving three municipalities.
340,000
340,000
May
of
as
the
of
provide
_
Co.
and
of
New
in
November,
In
Co.
totaling $114,900,000,V appioximately
additions made ..-thfoughu-Oct. ol, 1948.
for expansion of otheryEdison- operations.
As
many as possible of the present employees are expected to be absorbed
in other
divisions of the Edison company," Mr. Morris said.
The
automotive
division
will continue to
make Edison automobile bat¬
teries and spark
plugs."
.
.
.
,
Other Edison divisions make nickel alkaline batteries for industrial
use
and the Edison Voicewriter for dictation.—V. 169, p. 4.
-
-
„
incorporated
was
Electric
effective
be
Removal
will
follows:
of
Earn.ngs
340,000
_r__
dividends
Stock
of
North
heating
income
Net
Great
transmission,
to
series F bonds
$30,000,000
.7 Portion
Cash
$1,513,098
the
as
w.ll
company
systems serving 15
— ■
of
cost
program
the
p.
...
of
purpose
169,
(Thomas A.)
Edison, Inc.—To uDispose of Magneto
Manufacturing Operations—
•
Benjamin F Morris Vice-President of this corporation and Manager
of the company's automotive division, ahnounced on Feb. 14 that the
Wico Electric Co. of West Springfield, Mass.,' has agreed'to purchase
Edison's
magneto
manufacturing operations.
Mr; Morris - said that
-the
sale
will
include
inventories of finished magnetos,
parts ana
raw
materials,
as
well as tools,
but not buildings.
The pansier
Guaranty
from
the
for
construction
the
which
surplus
to
r—-
of
$5,000,000
company's
BUSINESS—Company
1917
Piedmont
31,031
62,609
appropriation
retirement fund for
19461
fPortion
AND
1,
purchase,
4.975
borrowed
company
of
sum
the
company
The
estate__
the
for
Co., operating principally in Spartanburg, S. C., of North Caro¬
lina Public Service
Co., operating principally in Greensboro, High Point,-.
Burlington and Salisbury, N. C., and of Durham .Public Service Co.,
operating principally in Durham, N. C.
%• C, •;fV..
1,034
^Portion of $5,804,500
19^8
During the period from 1927 to 1946 the
purchase the properties of other subsidiaries of
plants
Crll8,101
4,481,400
(less premium)
Net
and
sever^l yea", but
Oct.- 31, 1948 and
■
mortgage in
refunding
and
the com¬
Electric
925,000
189,945
Cr280,554
.
construction
to
first
also of several non-affiliated public utility
of the company's
territory, as well as a
057,146
184,737
charged
—V.
net
represents
699.;
$51,000,000
.
•
share.
per
27,
changed to Duke Power
was
affiliated
long-term
on
the
by
151,627
197,701
16,589,255
interest
Interest
'
358,129
income
of
company.
14,905,519
16,391,555
15,182,233
income
Total
May
Utilities
8,956,784
4,864,000
taxes)
income
Federal
est.
Co.
275,736
426,517
426,517
$75
Dec.
York
COMPANY
name
adjustments
value of
necessary
Jersey
acquisition
plant
provisions
,
2,464
months ended Oct. 31, 1948,
$3,300,000 in net additions to its gas, transportation
It cannot make an accurate estimate of the cost
systems.
foregoing net additions,
the
Of
'
.
.
40,000,000
10,000 shs.' ' " ' 2,837 shs.
-'1,500,000 shs.-• «tl,262,552 shs.
par)
by
.V-I'I!
'
and is to be„repaid out of the proceeds received by
from the sale of the bonds of 1979 series.
7,620,000
2.563
.___
i'Wfi;v
bonds,
^
'
$40,000,000
*
mortgage
'
.
annum,
25,679
8,220,000
less recoveries
(deprec.) reserve
accounts,
to
Amort cation
Amort,
from
expenses
•
1977;
1979
(no
only
New
1947 and the 10
expended
water
property additions to such systems over the next
that they will approximate $700,000 between
of
Trust
providing
pending the
sale of the bonds of 1979 series.
Such loan is represented by the com¬
pany's demand promissory note, bearing interest at the.rate of 2% per
of
lunds
5
Gross
bonds,
stock, cumulative- (par $100)
NOTE—On
1946
1947
due
stock
stated
Co.
follows:" .net additions to the
1948)
During'1946,
■■'"Outstanding
Authorized
additions, earnings and certain, other, matters. tThe
outstanding common stock is recorded on the books of the company at
YEARS
CALENDAR
1948
oi
respect of property
a
FOR
STATEMENT
as
plants as set forth
I
FINANCING
PRESENT
TO
additions
net
is
system
crating
pany
EFFECT
mortgage
refunding
"Limited
Light & Traction Co.
CONSOLIDATED
(after retirements) to the company s
steam-electric genabove-$47,500,000;(of which approximately
$12,800,000 has been expended through Oct;-31, 1948)
net additions to
the electric transmission system from Jan. 1, 1946 to July 1, 1951-$15,400,000
(of which approximately $4,700,000 had been expended
through Oct. 31, 19481; and net additions to the electric distribution
system subsequent to Jan. 1, 1946 and pnoi to Jan. 1, 1950—$48,000TI00
(of which approximately $30,200,000-had been expended thiough Oct.
of
electric
company
.
.
refunding
series
pfd.
GIVING
>• v •
series due
Common
Edison
stockholders.
Detroit
of
on
by
estimate
mate
it
by
$10,550,000 of net
repayment
believes
•%'
and
2%%
stock as dividends to
As required by order
SEC, the United Light & Railways Co. also disposed of the
Edison
stock
received by it as principal
stockholder of the
distributions
quarterly
made
program
at approximately
including
financing have been formulated.
/'."'.v.. ■'
',
First
and
entire
American
1S48),
and
company's
were
over
construction
the
(estimated
31,
1949
Monday, February 21,
CHRONICLE
FINANCIAL
.
-y.v/;./•
with the Securities and Exchange Commission order of
1947, the American Light & Traction Co. disposed of its
ceding year.
Comply.ng
Dec.
bonds.
mortgage
high
at
previous
last
with
1948
Dec.
at
as
needed.
The
&
subsequent to
additions
of any bank
borrowings made by .company for the purpose of providing funds neces¬
sary for such construction program pending the sale cf the bonds of
1979 series.
It is anticipated that the additional cash requirements of
the construction program will be met out of funds arising from future
operations (including accruals to the depreciation, reserve) and by addi¬
tional financing effected through bank loans or the sale of bonds, de¬
bentures or stock, or through a combination of two or more of these
types of financing. No specific plans with respect to any. such addi¬
connection
of our new construction program in 1948 and
the money was temporarily invested in 815,000,000,
short-term U. S. Government securities which will
part
for
pay
A
redemption
COMMERCIAL
latter's
of
the
same
parent
Vice-President
,
of
the American
H.. Mercer has
a director and
Buckler also holds the
respective offices in
affiliate;
an
board.
Mr.
firm.
the
and. Beverly.
Mercer
Mr.
also
American
is
Bonding
Co.
Mr.
the past ten years has been in charge of the Frooklyn,
N.
Y., oifice.
Mr. Beckwith, prior to assuming his present position,
had been in charge of the Milwaukee, Wis., claim office.
Mr. Kava¬
Hickey
for
bond division.—V. "169,
nagh is at present superintendent of the bank
p.
377.
1
.
Volume
169
Number 4779
-
THE
-v
Flintkote Co.—To Retire Treasury Stock—:
stockholders
The
2,170
the
shares
of
consider
will
23
v
'
cancelling
and
Period—'
preferred stock which were acquired in
are
now
held in the treasury.—V. 168,
and
year
p. 2323.
Offering—Blair &
"sales
v.
of
item
would
169,
be
Monday's
"Chronic e"- which said
from approximately $5,000,000."
See
"
;
:
The
company
company/with
The
'•
.
in
,
price of $10 per share to $11.34 as of Dec. 31.
January the company reports a further increase
of
net acets to $12.52 per share.
A dividend of 20 cents per share has bean declared
to
holders
■•Most
of
of
record
the
Feb.
prices,
bond
nearly
as
prices
real
as
policies of playing
maintaining substantial cash
Futures,
associated
derived
been
estate
predict
or
difficult-to
servative
the
have
date
and
values;
short
term
basic
trends
and
Inc., management effectively
commodity trading and short selling.
investment trust, offers
O.
Weiby,
Co. of
Vice-President
Los Angeles,
General
and
of
Manager
Western Auto's
V- Western
at
Auto
whoi-"ale
and
Coronado
Supply
entirely
Coast
Co.
operates
states,
Mexico
retail
branch
172
dealers
4ut.o
Hawaii.
and
stores
and
the
in
distributed
residential
on
Industrial
and
y:-y
public
26
states
Canada.-—V.
and
169,
Government
*'
bonds.
interest
Net
2.93% /
increased
Real
earned
down
from
estate
the
p.-.700;-
the
on
mortgages
company's
3.01%
aggregated
invested
the
realized
preceding
Period Ended Dec. 31^-
1948—12 Mos.—1947
sells
-
$494,207
$5,266,913
203.093
259,455
2,508,209
2, 254,862
depreciation—
34,833
30,000
425,336
360,000
for
•-Amortization
Inc.,
■»
of
-
..Gross
-
it'/;=:
48,000
416,670
385,983
617,575
$88,923
-
821,565
$1,251,123
$1 ,431,048
$102,601
8,935 K
16,783
230,135
$1,020,988
Since
—V.
1347
169,
he
has
has
been
General
been
700.
p.
Vice
named
President
Sales
in
Manager
charge
,,
of sales.
the
of
income
Dividends
for
increasing
of
Utah,
Lake
service
Idaho,
by'
City
Estimated
warehouse
capacity
$1 ,236,101
;
service
The
and
and
Electric
warehousing
apuaratus
will
be
fac'Ut'es
the' states
in
established
repair
industrial
be
of
motors,
1§9,
Gross
double
generators,
has
facilities
will
overcrowded
termed
V.
such.installations
29
and
new
169,
p.
present
inadequate
for
present
tProv.
Wneatlake
companies,
Mr.
service
sub-let >by
structure and
Corp.
General
by
The
state,
penses,
the
General
will
of ' the
Petroleum
since
Income
Other
from
income
$7,020,700
$4,435,500
Fed.
income
income
taxes
Z>r169,500
been
June
from
Net
profit
$6,922,000
$4,266,000
1,629.000
1.195,800
"Based
in
1,012,800
on
1946.—V.
168,
p.
$2,637,000
shares
in
$2.60
$1.95
1948
and
and
1947
its
and
1,002,323
1949
4%,
output of
of
amounted
shares
for
the
week
ended
$2,022,963
$830,315
$8.26
$3,56
to
the
all
selling
taxes.
and
Pericd
Ended
Prov.
Dec. 31—
revenue
.—
194$—12
$5,361,439
or
Mos.—1947
$65,226,824 $58,233,899
3,406,286
3,396,268
38,494.112
}Arising
from
*
of
466,700
475,000
5,622,900
of
hope
holds
U.
S.
Supreme
the
of
revenue
Court
rights
ruled
in
matter
the
the
that
of
the
—1—_)
taxes
income
150,000
150,000
1,800,000
1,893,000
864,679
720,471 f
5,216,460
4,743,298
1
3,576,117
3.777,586
taxes—_j
elect
to
J.
Plywood
and
Co.
than
stock
in
the
43,000
California
company
this
of
•
income
—_____
Int. & other deduc. (net)
Net
income
Dividends
on
345,957
$661,267
pfd.
Balance
—V.
$1,007,224
stock
223,006
$609,700 $10,517,235
311,854
3,708,594
$297,846.
223,006
M.
White,
of
a
168, p. 2684.
$74,841
income,
in
other
sales
on
of
$5,250,824
similarly
underwriting, this
from
before
during recent
and
realized
with
Federal
the
in
in
smaller
incident
income
to
tax
increases
resulted
expenses
exposure
income
rapid
years
to
new-
liabil¬
tax
thus
totaled
Mr.
Smith
$10,881,956
points
made
was
$2,000,000
over
out,
compared
as
the
with
retirement
effective,
and
insurance
to
plan
companies
the
initial
were
stated
$10.50
Long
a
after
amounts
share.
a
Operating
it
year
Last
169,
Plywood
taxes,
major
1,
to
than
Prov.
more
he
year,
said
Operating
$4,000,000
and
the best in
3,465,845
$5,238,339
2,676,064
2,676,064
$3,562,275
items
1949.
and
"Prov.
on
1948—12 Mos.—1947
$38,128
3,566
25,536
32,904
$5,174
$77,185
$71,032
2,791"
$10,861
806
576
1,341
466
than
statement
branch
offices
OF. CONSOLIDATED
$4,598
$75,843
for
instalment
on
Fed.
for
I-' $1.54
$1.43
Co.—Quarterly Sales Increased 2.4%—
board
"After
Canadian
and
011
011
per
Vice-President.—V.
164,
p.
J.
Rutan,
Manager,
lias
been
1947
Investment
1,258,308
mi'l
and
paper
on
Feb.
15
approved
Common Stock—
plans
for
increasing
the
manufacturing capacity of the company's Mobile (Ala.)
and the blearing capacity by approximately
349,675
taxes
5,168,380
3,719,440
1,989,331
1,053,119
139,045
152,935
10,443
compensation
to
curr.
year
4,210
60,812
6,048
$9,883,894
334%
4,710
276,539
$8,173,769
$5,669,090
co.__
pfd. stock
375,010
375,010
4,891,146
4,337,540
375,010
3,365,253
$3.89
$3.19
$2.43
,
stock
common
share—_____
common
1948
and
refunds
applicable
and
BALANCE
SHEET,
DEC.
31
Other
and
in
^Office
13,248,205
169,652,740 138,616,900
Peoples
Industrial Bank, a nonsubsidiary company (at cost)
and
employees'
notes
and
1,928,868
refund
of
68,045
Fed.
excess
—__
furniture, equipment and
contributions
Retirement
profits taxes_
etc.-
Plan
Unamortized debenture
to
improvements
employees'
68,299
867,000
,
26,138
1,615,902
96,396
1.042,215
Savings277,376
:
discount
2,928,868
ac¬
receivable-
receivables,
Prepaid
receivable
$
19.862,545
banks
in
notes
advances
fcr
.1947
$
consclidated
Travel
Claims
stockholders
1946
1948
hand
on
counts
Hollingsworth & Whitney Co.—Expansion Approved—
The
cities
2,768,058
CONSOLIDATED
"Instalment
2546.
To Issue Debentures and Additional
314
to prior years amounting
$116,764 in 1946.
tArising from sale of common stock during
1947 to employees and others under the corporation's
•stock ownership plan.
in
1949—12 Mos.—1948
Sales
in
notes
exp.)
adjustments
$24,786,908 $82,799,909 $73,090,920
Corp.—New President, Etc.—
Paul
a
6,017,606
and
allocated
$233,581
Cash
directors.
than
INCOME
2119.
of
As
$39,170,920 $32,679,975 $23,930 055
18,939,082
16,007,744
12,971,401
income
Earnings
to
D. S. Mac,Bride,
formerly Executive Vice-President, has been elected
President, succeeding Joseph Brobston, who has been elected Chairman
the
out¬
1947.
larger
all
located
ASSETS—
of
books,
operations_____ $18,397,729 $15,413,923 $10,608,979
additional
Dividends
700,
1949—3 Mos.—1948
its
$178,322,161
amount
(incl. amort, of deben¬
discount
Net
$70,393
$25,392,623
on
during
are
1948
operations
Minority int. in earns, of sub.
Sundry income (<Cr)
638
$10,055
capital share.
history.
with
average
1,834,109
—portion
Hercules Cement
$66-
provinces.
income
$51,649
sales
year
The
more
income
expenses
Interest exp.
$1,608
charges
21%
was
were
Canadian
income "from
$8,070
Period End. Jan. 31—
the
Director—
a
receivables
the
customers.
the
of
there
8
from
for losses
operating incomeNon-oper. income (net)
p.
964,725
of
closed
receivable
was
tProv.
168,
by
It
498.
p.
877,202
—V.
owed
$146,322,353
customers.
throughout the year
income
1,074,011
Net
above
company's
with
1948
SUMMARY
Gross
95,925
—V.. 169, p.
$17,000,000
a
Dec. 31—
profit before
$1,340,000.
Working
1948,
99,407
per
than
more
1362.
p.
the
deductions
Earnings
93,0%
ago.
ture
.
ratios of
expense
President
began
1948,
debentures
$915,330
__
and
Household made 1,423,770 instalment loans.
The size
averaged $234.
The dollar amount lent totaled
$333,largest annual volume in the
states
$1,125,660
income
loss
company sold at par $25,000,000 of 5%
sinking
fupd
due 1964 to two insurance
companies, the proceeds
being used to pay a like amount of current bank loans.
The result
of this transaction was the substitution of
long-term borrowed capital
for short-term borrowed
capital.
The first sinking fund payment on
the debentures does not become due
until June 30, 1954.
Co.—Earnings-
Net
of
168,
July,
$97,533
income
the
increase
by 868.941
Feb.
27
$107,477
revenue
total
for 1947, a net gain of 2.2 points.
representing the measure by the
insur¬
corporate strength, is reported at a new
high of
and
a
director of the Allegheny
Corp..
director,
succeeding
Frederick
B.
Ryan,
of
Ryan, Inc., New York, resigned.-—y. 169, p. 603.
Plywood
director, to the
Bell
in
1948—Month—1947
revenues
The
95.2%
Harbor
$9,704,184
$6,808,641
$4,132,577
$85,115
gain
1948
the
On
company has
since last
Harbor
some
$17,399,000
profit
Haverhill Gas Light
pulp
$438,262
opera¬
and
with
Kirby.
receivables
result,
has
market
open
shares
understands
he
were
net
Period End. Dec. 31—
elected
Gross
the
loans
standing
arising from offshore operations
Chairman,
more
reported
Daniels
was
of
the
to
Net
plant
acquisition adjusts,—
General
Federal
of
the
increased
an
mergers.
elected
Household
Supreme
Corp.—New Stock Interests—
worth
5,700,000
Amortisation
these
410,700,
ex¬
owed
paramount
Daniels,
company's history.—V.
32,385,830
depreciation—.
for
$51,682,087
and
-i;
Year Ended
W.
Harbor
Mr.
Ileclit
1948—Month—1947
$5,894,889
from
mergers
Waldorf-Astoria Corp.—Kirby
P.
Dividends
11,
—
expenses
the
policyholders,
an
been
During
administration
•
Gross
for
over
Household Finance Corp.—Annual
Report—B. E. Hen¬
on Feb. 17 said in part:
2325.
p.
net
Georgia Power Co. -Earnings—
Operating
companies
$141,729,267,
derson, President,
case.
possesses
168,
$7.50
Federal
clarification
also
$2,165,000,
Net
Feb.
159,878,385 kwh., an increase of 6,152,404 kwh,,
the corresponding week of last year.—V. 169, p. 700.
over
230,000
Corp.—Weekly Output—
corporation
at
$20,000,000
of
curtailment
stockholders
1947.—V.
Hotel
Harbor.
of
Gross
this
"
losses
the
to
$600,315
627,500
operating,
1947,
income
now
Daniels
Interest
electric
$1,395,463
$1,836,874
acquired by Long Bell Lumber
capital,
2225.
General Public Utilities
The
of
of
Allan
$1,956,900
$4.23
share
common
$1,109,374
stock.
$3,152,700
$4,287,000
per
to
something
Ruthrauff &
and
23,
date.—V.
November
Cr63,700
taxes
for
which
expense.
formula
has
727,500
Tidelands
According to E.
.
Oper.
"Earnings
237,860
$3,089,000
Dr98,700
2,635,000
—
affiliated
stated
over
with
The
year,
the
of
ratio
682,087
In
taxes,
.1946
$19,491,000 $14,724,600. $12,042,400
12,470,300
10,289,100
8,953,400
lor
before
Incoihe
Federal
operations—
deductions) (net)
210,470
264,367
$1,944,401
the
and' expenses
Cost
at
companies.
of $64,539,027.
$20,013,595.09, result¬
to
compared
as
written
taxes
compare
of
Sales
1947
in
Pending
that
board
_
527,346
245,833
$7.64
Harbor Plywood
Mr.-
1948
sales
affiliated
the figure
over
are
profit
a
commissions
1947.
by
$93,837,115,
727,500
materials,
Government
excluded
Co.—Earnings—
Years Ended Dec. 31—Net
445,974
,
county
dec'sion
tidelands.
floor
balance
$193,896,657.
operations
4,165,497
$1,944,401
raw
stockholders
General Portland Cement
5.449,732
„
"Includes
Court
Building—
Petroleum to other tenants.
the garage will he occupied
its home office.—V. 161, p. 2332.
as
15,375,334
share of capstock.
ital
...
demand.—
the ground
of
the
$18,000,000
the
the
results
operating
past
to
per
Federal
building and
1945
217,224
•Net-income
Earn,
Wheatlake
was
completed on Feb. 15 by the General Petroleum Corp. under an
agreement announced last year by the two companies.
Also
included •. in
the
agreement
Is
the
new
6-story
General
Petroleum garage, with a capacity of 446 cars.
floors of the office
LA
744,494
Net income from oper.
% Transfer of title to this corporation's hew
IS-stoiy General Petroleum
building in Los - Angeles, Calif., to the New York Life Insurance Co.
be
1946
$5,214,142
for-contingencies
Dividends, .received
602.
upper
income
as
1948
ance
transformers,
Mr.
which
ones
in
of
of
the
Combined
therefore
fcr
Surplus
$7,636,907
states.
General Petroleum Corp.—Sells New
Three
66,156
$1 ,169,945
1947
22,475,210
&
oper.
NOTE—-On
•
1948
$17,904,015
throughout the country.
replace
after
The
California—Earnings—
Deprec ation & depletion
facilities coupled with those opened in Denver in 1946
the Rocky Mountain area "one of the most up to date G-E
service>organizations in
the
country," according to Mr. Wheatlake.
E.
66,156
$954,832
$80,305
income $25,381,339
general
new
The
of
some
$15,000,000
gain
$7,473,788,
net
incident
expenses
present
power
smelters,
the four
the
now-
record
new
a
loss expenses incurred to
premiums earned
51.1% in 1948 as compared with 56.5% for
1947, a substantial
improvement of 5.4 points. /The ratio of expenses incurred
to
pre¬
miums
written
in
1948
was
41.9%, an increase of 3.2 points over
1947; of this, approximately 1.6 points arose from the
installation of
the pension plan, and there were expenses of
a
non-recurring nature
700.
p.
operating
"Costs,
will give
G.
'$74,475.>
.6 Mos. End. Dec. 31—
Salt
in
will increase
facilities
than
sw.tchgear,
mines,
by
in
the
more
special
of
used
concerns
$500,000,
will
companies
at
figure
and
mergers
shares
excluding
business
for
Department,
it
was
announced
Manager of the company's Salt Luke
assembly
will
service
other
and
Nevada,
approxmately
nearly 50%
and
devices,
The
and
and
cost
to
V 5,513
5,513
f
;
Hancock Oil Co. of
Apparatus
Wheatlake,
J.
space
for
control
said.
C.
stock
pfd.
on
Intangib'e dsvel. costs—
G-E
the
recently by B.
City Office.
maintenance,
General
on
Montana,
$79,988
—
Balance
>../•
-V.
expanded' repair,
the
of
of
$13,679,051
were
prepaid
and
absorbed
company.
.
General Electric Co.—Plans New WarehouseGreatly
in
approved
'
.
only
reported
are
previous
year
premiums
$15,801,19'9.
of
During/the
,'i. ..'i
'
of
showed
Net
Hill
total
1948
the
from
reflects
1947.'
volumes of
$4,692,390
194,947
$85,818
decrease
re¬
other voluntary
Together with a substantially improved loss ratio, the
operating
earnings of nearly. $16,000,000 required reserves for income taxes which
have
been provided
in -the sum
of
$4,919,242.
Net income for the
48,000
98,150(
1
Int. & other deduc.&(net);•
.
B.
total
a
payments
"AtriLli
income
4,000
84,784
and
totaled
year
4 000
iiLiLj-i—)
income taxes^'/j
and
owns
decline
a
ity.
plant
^acquisition
this
Co.
voluntary
caused
year.
investments,
business*
$5, 301,458
__c-_
Prov;
(V
$415,633
expenses-
sharp
e
premiums
increases
1948—Month—1947
:_:_uV-i-ri_
revenue
than
fire-marine
Insurance
Home
a
investments
of
substantial
a
the
reserves,
Gross1
the
of
its
unearned
for
the
Co.—Earnings—
Gar Wood Industries, Inc.—New Vice-President—
Edward
shows
for
from
Operating
31,
Home.
for
calculated
-
..
to
increased
securities,
was
year.—V. -169,
vv' <J
Gulf Power
Dec,
results
carried
makes
1948
wnicii
$132,335,795; loss and loss adjustment ex¬
penses
totaled
$67,622,632,
with
general
expenses
of
$56,186,677,
aggregating
$123,809,309.
The
gain
from
underwriting (operations
equalled $8,242,296 compared with $121,693 in 1947.
The net inoome
$85,534,000.
in
at
exchange
The
"
$14,939,000.
assets
the
the
Earned
by
1947
affiliated
written
Despite
consolidated
1947
for
10
rather
A
insurance
writings showed
compared
$73,823,519,
tions
Auto:
377.
p.
securities
The
Co.)
hail
total
including the elimination of
stock
of
count
to
Veterans
^
utility
com¬
$50,000,000 greater than the $91,473,696 reported by The Home the
previous; reserves1 for losses are at $33,879,862 compared to $23,904,922. an increase of slightly under $10,000,000.
The
surplus ac¬
whole
in
the
or
insurance
year
bond holdings of the company on Dec. 31 amounted to $142,621,'000.>0i- this amount, $78,340,000 or more than 50% are U. S.
Federal
in
insured
$12,978,000
Administration
Records—
$100,000,000 mark.
merged
increase of about $57,500,000
an
Reserves
1948 included $17,916,000 in
states.
These loans were almost
with
of
assets
had
from
stock
preceding
balance of
policyholders'
surplus,
bringing
or 6.29%
of labilities.
20
over
properties,
the
2685.
stated
Capital
in
Federal Housing
Home
046,607,
the
The
New
and
p.
Heme.
represents
1948,
the
premium income.
the
to
admitted
year
ing
$15,454,000,
company
General- taxes
stqres
used
168,
some
Total
Mountain
Gamble-Skogmo,
to
to
the
by
part by the
Administration.'"- ■;
-;;:v'AvLrL-
''
loans
added
was
account
in
or
shares
Western
that
scale
purpose.
debentures
principal balance sheet items, cash in banks and on hand
at
$31,027,607
compared with $26,330,163, an
increase of
$4,700,000; U. S. Government bonds $107,440,297 as against $59,492.297, a gain of about $48,000,000; other, bonds and stocks
$122,-
is
rose
same
this
for
the
Among the
expenses
aside
set
$1,038,000,
of
investments
mortgage
of
appliances and furniture.
authorized- We tern
310
to
Pacific
division
a
being
Indemnity
aggregate
The
Home's
to reach
The Home
(In addition,:
volume
$6,500,000 in
the
The
over
ever
1948,
Home
the
$285,245,438
The
by $17,509,000 to a
in 1947.
:
and strengthening of
amounted to $3,988,000. Dividends
and
net
total
in
compared
the
$243,787,000
from
benefits
of
Assets
year.
$261,296,000,
of
fund
stock.—V.
history' of American fire-marine
$32,000,000
year
the
Total
,
Gamble-Skogmo, Inc.,
announces the designation of Fred M. Meyer, Inc., well-known Oregon
merchandising firm, as authorized dealer for retail distribution of
Calif.,
preceding
the
mark
$2,950,000
New
con¬
Gamble-Skogmo, Inc.—New Retail Dealer Named—
M.
as
an¬
the
companies.
of
comprising
.
sinking
common
Co.—Attains
Insurance
company
the
changes,
in 1943 totaled $15,figure of $13,720,000.
its organization in 1860,
payments
earnings,
the
shareg( at net asset value.—V. 168, p. 1798.
Supply
in its 89tli
President,
McLain,
A.
James
earnings for the year
policyholders were declared on the
to
with
new
94%
about
1948
of
V.
of
first
striction
2.
$37,740,000
year,
diversifying commitments,
reduces the risks normally
Futures, Inc., like an open-end
and repurchases outstanding
benefits
reserves,
basic trends, rather than trading turns,
reserves
policyholders,
to
Feb'.
on
After
not
are
its
Bv
the
During
business gains for
portion
a
attained
increase
was
377.
p.
on
by The Home Insurances Co. during 1948, accord¬
Smith, President.
The total
net
premiums written were $134,747,714, almost exactly
$20,000,000 greater than The Home reported for 1947, and the largest
total
over
reported by a single property insurance company.
Earned premiums reached the unparalleled total of $132,335,795.71,
an
record
$46,818,000 in 1948—
reports substantial
Report
high
new
from
movements.
Harold
This
10.
to
169,
„
production
all-time
in
records
were
to
of
21
the short sale
of commodity futures, with positions in cocoa and soy beans contrib¬
uting materially to the showing.
Richard D.
Donchian, President,
states that "the commodity
pri e level in general is still too high."
According to Mr. Donchian, basic commodity price trends are subject
to
the same type of economic factors which affect trends in stock
profits
rubber
an
year
with
-
payable Feb.
crude
reached
paid by the company since
passed'the $400 000,000 mark.
New.paid business in 1943 amounted to $78,886,000, a decrease from
$86,574,000 "in 1947.
A
gain of $46,318,000 in
insurance in force
brought'the company's total on Dee. 31 to $788,532,000.
Total income of the company last year was $39,082,000,
compared
lust
initial offering
month
the
New
panies
Total
York 5,
.
For
Peninsula
1948.—V.
in
that
announced
15
Malay
financing
Home
ing
Payments ". to /policyholders and beneficiaries
386,000,
an
increase of
12%
over
the
1947
trading corporation; whore- shares
were
iirst
offered to the public "as a speculation" last October, reports for'the
initial period of operations from Nov. 15 to Dec. 31, net realized and
unrealized profits after taxes of $3,953 and an increase in net assets
from the
the
tons
company
Annua!
at 40 Wall Street,-New
located
Feb.
on
Force Increased
...
offices
(The)
way
of
of $8,500,000 of 20-year
61,510 additional shares of
of
under
to cost $2,800,000,
It
is
esti¬
$10,500,000 will be required for
contemplated for the purpose includes
expenditure
Merger Doubles 1947 Earnings—Assets Total $285,245,438
377.
p.
New
already
7
estimated
program,
further
a
issue
insurance
commodity
a
working capital.—V. 169,
construction
to
expansion
that
completion.
an
Guardian Life Insurance Co. of America—Insurance in
,
,
nounced
The
its
$272,106
a
in
of. 693,978
high
Futures, Inc., New York—Reports Profits—
N._: -Y.,
$289,142
Brothers,
under
oil-plantations
that
also
in : last
increased
700.
p.
$48,280
1948
(B. F.) Goodrich Co.—Malayan Rubber Production Up
Paul E..Reinholdv President, recently stated that as a result of the
proposed merger of this company with and. into Maxson Food Systems,
Inc., he expected that sales would-te increased approximately $5,000,000.
In the first 11 months of 1948, Foremost had net sales of $30,869,212
and net earnings after taxes of $776,884. ■»
vThis corrects the statement attributed to Mr.- Reinhold in the fourth
paragraph
$48,913
1949
sale
added to
Merger May Increase Sales
—
1948
Inc.—Loan Placed Privately—The
purchase agreement dated Jan. 17,1949,
3*/2% sinking fund debentures, due
May -ly 1961, to Metropolitan Life Insurance Co. at 100
ana accrued interest from Nov. 1,
1948. The money has
Approximately $5,000,000—
addition
mated
has sold $10,000,000
been
Dairies, Inc.
(603)
In
—Jan. 1 to Feb. 7—
700.
p.
company,
—V. 169, p. 602.
Foremost
1949
revenues
169,
Gimbel
Co., Inc., Feb. 15 offered as a secondary distribution $l,-t
400.000 first and refunding mortgage 5% bonds,,due in
1974, at 60. The concession to dealers was 1V2 points.
•
—Week End. Feb. 7—
N
.....
Operating
—V.
Ry—Secondary
CHRONICLE
Mobile
"■!
'
.
,
^
Florida East Coast
FINANCIAL
&
Georgia & Florida RR.—Operating Revenues—
'
retiring
cumulative
$4
last
market
March
on
COMMERCIAL
and
expenses—
241,625
344,252
312,153
193,775,866
157,421,661
by approximately 50%
100%.
Total
S
payable—Banks——
Employees, oflicers and others,
Notes
$hrift
plan*
i_
pursuant
Reserves
tor
1,
Capital
S&'rned
15,000,000
25,000,000
1,459,885
surplus
58,840
26,903
26,211
10,000,000
,
24,457,980
3,001,251
2.998,802
19,173,116
14,555,378
___
surplus
__
reserves for losses of $8,669,421 in 1948 and $7,705,453 in
tAfter reserves for depreciation and amortization of $1,327,224
fft.1948 and $P90,302 in
1947.
tRepresented by 2,445,798 shares in
1948 and 2,445,498 shares in 1947—V. 168, pi 2008.
LIABILITIES—
accounts payable*-*-**-
Trade
j$6nth
169,
—
Company's
ministration)
Agreement—
amended
make
tG
the
Jan. 20, 1948, has been
unpaid principal amount as of
$10,000,000
July 6 and
J(in. 6, 1949, payable in instalments of $1,000,000 on each
Jan.
Interest
6.
will
3%.—V.
be
169,
707,998
payable
670,962
1,461,666
2,450,804
1,150,000
689,350
5,000,000
J.
40,000
75,000
*
the
PeViod
T.
Co.—Earnings—
Bell Telephone
1948—12 Mos.—1947
1948—Month—1947
End. Dec. 31—
3,000
1,221,882
7,569,830
durable
6,322,649
4,970,848
^
$
S
$
j...
16,992,190 209,111,984
rapidly
as
174,387,843
153,635,562
12,390,932
8,919,344
4,156,524
28,568
....
______
Operating
18,670.541
15,922.689
1,806,967
revenues
expenses
taxes
operating
#et operating income
Net after charges.—
—V. 169, p. 109.
International
in
Name
866,900
609,649
940,885
s,
601,651
16,595,757
1,758,137
Corp.—Annual Report—Change
Detrola
Planned—C.
Russell
President, on
Feldman,
Farnsworth Television—
year
TJhe emphasis
by the addition
steel
on
year-end
increased still further after the
was
of new steel production facilities, the planned addi¬
others, and by the disposition of, or discontinuance of,
several non-steel operations.
This influenced the directors to propose
that the company at its apnual meeting of stockholders change its
tion. of
"Newport
to
name
principal
its
denoting
Corp.,"
Steel
(& Subs.)—Earnings>
"1948
——
$10,845,000
capital assets—380,000
1947
$7,791,865
before following deduct. $11,225,000
1,345,000
Provision for depletion and depreciation—-—
3,350,000
Provision for Federal income taxes
—.—
$8,425,182
1,093,259
2,400,000
$6,530,000
151,614
$4,931,923
151,614
$6,378,386
$4,780,309
3,385,029
2,672,391
$5.37
$4.02
Island Creek Coal Co.
calendar Years—
Profit
on
income,
tp.
darnings
Increase
$1,710,084,
in
net
388; radio,
in
of
sales
profit
in
1948
sales
from
of
sale
24%.
of
divisions:
by
$32,464,494; aircraft, $9,433,refrigeration, $9,430,509;
division sale^ in the next
Steel,
will
It is expected t mt steel
increased substantially.
be
hand
on
Oct.
1948, totaled $94,179,000.
disbursed although net profit was larger
on
were
which
dividends
paid.
were
In
common
other
ratio
of
to
assets
current
liabilities
current
below
reduced
was
Jlpq amount requhed by the trust indenture so that the company, until
sU<;|i time as current assets are restored by the sale of steel, has
temporarily
been
unable
its inventory and equipment related
radio
company's
the
receivers.
These
sold
were
at
to manufacturing auto¬
figures recovering the
for
fiscal
the
Oct.
ended
year
31,
amounted
leaving
$1,912,911,
to
balance
a
of
steel
under
the
repayments
These
$729,952.
year
of
in our
be repaid
based
are
upon
contracts.
connection
ProDosed acqu'sition of certain new steel-producing facilities
ynksh provided for loans to the company in the aggregate amount
of
$5,000,000.
The proceeds of these loans were received by the
in
company
fdr.the purpose
i
into
entered
1947
this fiscal
tffttlPany during
•
set forth
and
year
in such
contracts
further
in
currently being
are
—V.
President/
of
p.
the
amount
aggregate
of
which amount is to be repaid over a period of 19 months
Sept. 1, 1949, The repayment plan under the contract is based
deliveries, under such contract.
,/^hcarrying out this program for new steel-producing facilities the
ffxV1
Upon
acquired during the yeai* property, plant and equipment at a
cf $5,571,203
cost
v.,The steel
mill
commitments
and has
construction
in operation
within
few
a
for
$1,500,000.
scheduled
program,
months,
is
expected
i
s
to approximately 780,000
be
Cincinnati, Ohiv, the inventories,
interests
hdld
capital
Steel
Co.
the
of
stock
had
in
assets
acquired
With
1946.
other
company's reouiremen's for coal, at
to liquidate this capital investment.
CONSOLIDATED
INCOME
income
Gross
sources
available
comparable
ACCOUNT
P.
Net
sales
Cost
Of
________
products
sold
_________
Selling and administiat.on
expenses
FOR
of
Other
cost,
YEARS
it
to
meet
dividend
was
U. "S.
ENDED
169,
taxes
and
(est.)
State
taxes
taxes
(est,)
411,871
1,038,566
722,000
"832,000
163,000
.
173,590
190.472
148.000
r
per
."Federal
share
income
$1.40
_——
taxes
of
certain
subsidiaries
$1,379,139
$1,012,124
899,845
$1,13
$0.84
(est.),
tArising from
carry-back of operating losses and unused excess profits.
j^OTE—The.
and
.1947
equipment
and
production
aggregate
2 or
$343,359
basis.
the
in
provisions
year
1948
depreciation of property plant
amounted to $758,894 ($503,333 in
for
1946), excluding
1
tools and dies amortized on a
'
/
coast's population and industry.
the west
originally
Founded
1872,
in
company
markets its products chiefly
California, Oregon, Washington, northern Idaho, Western Nevada
and Arizona/; It also has a large export market.
The company main¬
138,140
$177,675
$201,057
$1.32
$1.49
operates
v
——
378.
/
' y/.-/-'_
-v
Kansas City
Railway
Net
$1,418,734
375,000
350,000
and
165,000
192,000
salaries
taxes—
income
railway
$1,593,583
operations-*—
railway
from
revenue
Other
accruals—
tax
...
operating income——
Equipment rents (net Dr\
——
Joint facility rents
(net. Dr)_—._Railway
$876,734
$1,053,583
_
1
171,989
—
,
railway
Net
operating
144,789
10,158
4,995
$871,433
$726,950
&
LOUISIANA
OF
ARKANSAS RY.
SUBSIDIARY)
Month of January—
.
: /•
.
Railway
operating
operating
/
.
/
./;•. •;...
.
revenues.*
_
1949
Railway
railway operations
taxes
income
Other, taxes
rents
Joint facility
Net.
-V.
railway
169,
p.
.
,
:
—
income..
Dr 1—
(net DrV
$647,529
rents
operating
499.
103,000
192,000
82,000
86,570
$328,072
Y$368,959
73,604
102,859
16,925
—
—
(net
16.158
—
;
income
tude
and
$249,941
6,308,437
3,165.948
$1.24.
$2.47
rates, ever in effect, plus additional
benefits, resulted in total payments for
employee
on
current
the
benefits of $42,056,844
health
wages,
to an average of 10,233
of
stand
now
Biggers
demand
for
unfilled orders indicate a conservative buying atti-;
distributors and some industrial customers-.
•/ ' *
raw
materials, glass in process, and finished prod¬
at
the lowest ratio to sales volume since
1936,"
part of
reported.
our
Declares LStger
The
directors
"Delivery schedules are being improved.
The
multi-paned insulating glass/ is growing,
,
' .
....... ' <
.....
,>
Thermopane,
steadily."
Feb.
on
Quarterly Dividend— ?■'
15
declared
a
quarterly
• ■ /
dividend of
/
.
75
cents
10 to stockholders of record Feb. 25, 1949.,
In 1948 the company paid 50 cents each on March 10, June 10 and
Sept. 10, and a year-end dividend of $2 per share on Deb. 10.
share,
payable March
New Director—
James
S.
for
six
Greenwich, Conn., a general partner of Lazard
York, has been elected a director to fill the vacancy
Adams.
Freres & Co.,- New
resulting from
——.
1946
1945
$68,349,390 $61,381,868
11,173,076
$4.38
wage
insurance
life
"Inventories
per
i___
Railway operating
Equipment
_
accruals—
tax
Federal
from
1948
$1,514,214
866,685
$513,072
expenses
revenue
—
and Sales Set
employees in 1948.
John D. Biggers, President, reported the net sales for 1948 set a new
all-time record.
January sales, he reported^ were substantially greater
than
in the
same
month last year and above the December total
Mr.,
$1,543,205
1,030,133
—
San Francisco Bay, and
and has a fourth under
1592.
usual
NOTES—Highest
ucts
CO.
(SEPARATELY-OPERATED
$5.56
share
per
the
although
income
p.
provision for depreciation, maintenance and taxes,'
and special provision of $3,000,000 in 1948 and $2,000,000 in 1947 for
property replacement and/or excessive cost of new facilities.
"After
$3,250,526
, 1,831,792
i_.—_—
revenues
165,
14,207,338
earnings
$3,504,415
expenses_________,i—1,910,832
operating
operating
Railway
Seattle and Vancouver, B. C.,j
1948
1947
$113,570,904 $99,316,130
sales
Net
Earnings
1948
1949
//
,
City.—V.
in Redwood
Calendar Years—.
.
Southern Ry.—Earnings>
Angeles,
Records—
New
"Net
Month of January—
Los
refinery on the east side of the
salt plants near San Francisco
Libbey-Owens-Ford Glass Co.—Earnings
'49 Jan. 31, '48 Jan. 25, '47
$12,696,246 $11,273,741
$8,637,818
;> Jan. 29,
"
sales
p.
a
crude
three
in
stocks
warehouse
tains
Inc.—Current Sales Up 12.6%—
Railway
610,943
paid-
profit
151,833
Cr480,000
.
$1,710,084
Net
in
339,196
329.508
com.
Ended—
—V.. 169,
Net
Dividends
'•'i
development
Jewel Tea Co.,
$1,554,596
827,000
—
$2,422,728
220.019
—
14,738
2,773
*
Mitchum,
transaction.
$516,030
—_
income
TRefundable Federal
Tully & Co. were the agents in the
/''v/*'*•'"'/
\
v: V':'',v;
a"//■■■'.
Leslie Salt will use the proceeds of the loan to refund bank loans
and
to expand
its salt making capacity and other facilities.
The ;
expansion, the company said, is necessitated by the steady growth
fornia.
6.
p.
4 Weeks
OCT.: 31
$2,010,857
~
deductions—
income
Canadian
$3,000,000 of the notes and the remainder were
issued to the Pacific Mutual Life Insurance Co. of Cali¬
85,113
24,341
8,246
2,033
to
Earnings per common
—V.
decided
$2,920,103
__
.
■
15-year 3V4% sinking fund notes, it was an¬
The Mutual Life Insurance Co. of New.
on
York took
$439,048
99,919
stock and surp.
share—135,000 shares—>
applicable
Balance
the
498,238
income
$453,768
7,044
$43,144 ... ,$27,006
requirements-—
income
Net
Preference
1948
1947
1946
$69,314,489 $71,682,180 $40,810,028
63,896,563
66,222,297
35.995,079
2,996,060
3,449,026
4,298,920
income
Total
$36,823
■:
$53,524
$4,000,000 Privately—The
nounced Feb. 15.
17,670
charges—
EARNINGS
..
.dther
panies
"$421,378
9 <806
.
Borrows
—
largest salt producer and refiner in the west,
bororwed $4,000,000 from two life insurance com-;
in
Andrews
$2,421,865
Balance
$443,962
Dr737
/
Lld.____
Co.,
S.
income
Federal
v
$37,560
1,684
::—,
Co.
Salt
Leslie
Ltd. (& Subs.)—Earnings—
stock—
deb.
on
Other
the com¬
purchase
exhaust
to
25,
company,
$51,840
Utility oper. incomesincome, net——_
Other
Co., trustee, Camden, N. J., will, up to and
1949, receive tenders for the sale to it of out-;,
bonds dated Jan. 1, 1937, to an amount sufficient ^
the
sum
of $100,229,
at prices not to exceed par and
the rate of 3V2% per annum.—V. 167, p. 1153.
interest at
■-/;
;■/-/
2686.
Retail
to
high-
Trust
March
by
manufacture
for
has
equipment and leaseMining Co., whose entire
incidental
to Lebanon's original
feet
1044.
p.
mortgage
standing
buildings,
Hardy-Burlingham
been
22,400-square
adds
168,
Camden
including
orders from
C. Jacobs,
1948—Monthr—1947
1948—12 Mos.—1947
Operating revenues
$163,189
$178,785 : $2,173,583 $2,051,780
Oper.
rev.
deductions—98,849 •
.130,392 ■ 1,581,288
1,500.819
Retire,
res.
accruals
12,500
^
10.833 •
148i333 - 129,583
completed
raise
to
to
tons.
Effective Aug. 14, 1948, the company sold to the Midland Mining
Co,,
-
r
call
orders
Jamaica Public Service
pany's rated capacity from approximately 413,100 net tons of ingots
per, vear
/
Lippincott Co.—Tenders—
Leeds &
Continental of 25 different
cast, chrome plated ornamental hardware parts for 1949 models
Chrysler, DeSoto, Dodge and Plymouth passenger cars.-—V.
168,
J.
plant
new
plant.—V.
The
L. Jacobs Co., is
of F.
division
a
Period End. Nov. 30—
iifj'
drjd
Corp.,
substantial volume of additional
announced on Feb. 15 by Rex
'./■
:/
in
Inter,
in
comPany
,
Casting
Die
production on a
Chrysler Corp.,
it was
die
$500,000 Plant—-
$500,000
a
underway.
are
The
alloy
With Chrysler Corp.—
Jacobs Co.—Contract
(F. L.)
now
also
estimated and are subject to adjustment.
of
168, p. 2226.
Continental
Q*) Dec. 6, 1948, the company entered into a further contract in
total
—_
stocki_,_,——
(1,187,730 12/18) —
c.ommon
on
results are partly
1948
"The
-r—
stock.
common
declared
Earnings per common share
expended
contracts.
_£PfM?,ec^on with the proposed new steel-producing facilities and which
loan
to
the
.cGinpany
for
Balance
requirements
——
fiscal
deliveries
to
dividend
there were
1947,
ihiblijded in the balance sheet long-term loans from steel customers in
the amount of $2,642 862.
During the current year payments on such
loans
:c;.
—-———-~
__——
stock
Dividends
The
investment.
report
profit
Preferred
dividends.
declare
to
oijlie company sold to Motorola, Inc., of Chicago, 111., on Aug. 20,
1,9.^8, all
in
from
plant addition, specially designed and
equipped
for
the production of
super-alloys under secret British
processes
recently
acquired by exclusive licensing agreement, was
announced Feb. 14 by William H. Worrilow, President.
Doubling the company's high-alloy steel casting facilities, the new
plant
is
specially
designed
to
enable the manufacture of hightemperuture alloy castings under the patented techniques developed
by Firth-Vickers Stainless Steels, Ltd., of Sheffield, England.
As
exclusive American licensee,
Mr. Worrilow said, Lebanon Steel
Foundry already is utilizing the Firth-Vickers method in the pro¬
duction
of
super-alloy
castings needed
for warplune jet engines.
Adaptations for other exacting military and industrial requirements
Completion
633,317
sources
V'
Net
31,
than in
with many
manufacturing companies, the company was compelled" to main¬
tain larger than normal working capital by reason of higher wage
gnd material costs
and
other
inflationary factors.
Another factor
%as the expenditure required to expand the company's steel-producing
facilities.
As cash moved Irom current assets as expenditures were
mad? for fixed assets in connection with the steel expansion program,
dividends
previous years in
mobile
Profit from all
$16,419,318; machinery, $1,566,780;
year
O/ders
aggregating $69,314,489, compared
1947
on
sales of $71,682,180, or an
on
$1,379,139
was
.total, $69,314,489.
the
accounts, $474,796;
withheld
Steel Foundry—Builds
Lebanon
operations——.
from
Profit
business.
no
1948
$500,000
accrued salaries and wages,
employees for taxes and bond pur¬
chases, $49,958; accrued payroll and property taxes, $68,065; dividend
payable Nov. 22, 1948, $245,169; Federal taxes on income, $806,734; .
reserve
for
employer's liability not covered
by insurance, $60,000;
common stock
(par value $1 per share), $490,338; additional paid-in
capital, $1,174,790; earnings retained for use in the business, $2,692,067; total, $6,310,208.—V. 168, p. 1044.
T. & T.'s intention
Farnsworth in Fort
Wayne and to maintain the strong distributor-dealer organization for
the merchandising of Farnsworth and Capehart products," said Gen.
William H. Harrison, I. T. & T. President.—V. 169, p. 700.
.vr:Net profit of the company and subsidiaries for the year, after taxes
fisdel
31,
OCT.
SHEET,
(excluding
amounts
$248,292;
"
_
217,100
$0.44
still
.poYpbrate
..Net
•//
$8,823,010
share
LIABILITIES—Trade
estate and equipment
Farnsworth Research
continue
to
194G
1947
1,077.635
$2.20
appropriated
for plant
im¬
provements), $1,144,081; U. S. Government securities, $508,238; trade
accounts receivable (less provisions of $100,000 for returns and doubt- >
ful
accounts), $1,315,967; other accounts receivable, $43,894; inven¬
tories—at
lower
of
cost
(generally
first-in,
first-out) or market,
$964,712; prepaid insurance and taxes, $18,505; cash appropriated for
plant improvements, $500,000; cash surrender value of life insurance,
$10,659; propertv, plant, and equipment (after accumulated depre¬
ciation of $922,G27), $1,804,153; total, $6,310,208.
completion of the purchase, it is I.
the
manufacturing operations of
"Upon
ended Oct. 31, 1948, the company became mainly
k steel company and earned the largest net profit in its history.
the fiscal
OCT; 31
"
1,268,073
$2.58
—
common
per
ASSETS—Cash
outstanding.
: ;
the sale, I. T. & T. is advancing Farns¬
$1,000,000 secured by a mortgage on real
in Fort Wayne, Ind., and pledge of the stock of
worth
he said.
$15,450,032 $14,868,766
—
taxes
BALANCE
has
1,680,586 dFarnsworth shares
Pending consummation of
—
Net profit after
signed an agreement to purchase Farnsworth
Television & Radio Corp., the companies announced jointly on Feb. 17.
The agreement is subject to approval by Farnsworth stockholders
at a meeting to be held on April 14.
<
I.
T. & T. has agreed
to purchase all the assets of Farnsworth,
subject to its stated liabilities, on a basis of one share of I. T. & T.
stock for each 12 share of Farnsworth stock outstanding.
There are
corporation
Corp., a subsidiary.
J£Yr. 24 said in part:—
fn
Net sales
Earning
This
a
1948
Signs
—
provide
YEARS ENDED
of
reserves
Telegraph Corp.
Telephone &
International
Agreement to Buy
operating
.
tAfter
to
FISCAL
FOR
RESULTS
and
1948
347,796
years..
possible
as
impact of increasingly keen competition,
the
174,725,639
533,197
16,963,622 208,578,787
14,477,674 173,954,158
1,619,048
22,233,697
18,720,157
49,616
Operating revenues
tTncbllectible oper. rev..
both'
trucks, farm equip¬
durable and semiequipment is being
further cushion against
for spring business in automobiles,
household
appliances and
other heavy
goods.
Installation of new cost-saving
pushed
ment,
in 1948 and $3,282,682 in 1947/; tAfter deducting $4,284,336
$1,953,613 in 1947 current portion.—V. 168, p. 1903.
$2,611,541
in
in
$72,000
of
allowances
"After
.
$2,196,502.
prospect
3,023
7,569,718
r.
'365,798
$0.75
.,
at
1,221,873
-
1948
$3,641,780
$4,249,328
—
O.
now
4,500,000
...
Z
1949
v
taxes
common share—
Ostergren, President, pointed out that production schedules
hand, subject to change to meet customers'
requirements,
indicate continuance of 5-day-week operations through March,
with
the outlook
after then obscured by the same influences that control
J.
.
Co.—Earnings-
after
earnings
it stood at
i.
—
2,505
2,343
—
$35,155,484 $29,591,248
Illinois
.'
290,759
Earnings per
—
. $0.59
Net working capital at Jan. 31, 1949 was $2,227,900 after transfer of
$500,000 cash
from
"current assets"
to "other assets"
to defray
cost of plant improvements to be made this year.
On Jan. 31, 1948,
Net
,1,026,000
surplus—
surplus——
Earned
' :
,
207.
169, p.
Quarter Ended Jan. 31—
1,117,876
4,440,736
sinking fund debentures—_—
warranties--.—
Minority interest in consolidated subsidiary*.;-.*;.
Common stock (par value $1 a share
Capital
.
operation
in
stores
of
Lakey Foundry & Machine
deliveries uhder indi¬
——
number
Sales
before
or
on
—V.
498.
p.
'
1949
1948
$62,521,554 $58,564,456-
——
—
Average
215,504
365;589
.
service
for
,
.
Increased 7%—
Kroner Co.—Current Sales
Sales
$4,921,902
684,200
146,694
-
3'/2%
Reserve
dated
banks,
with
agreement
431,180
$6,199,538
*—
'contracts
15-year
.
.6
388,558
$35,155,484 $29,591,248
-——j.——
customers
1951, based on
1,
Bank & Trust Co., trustee,
.
4 Weeks Ended Jan. 29—
(non-current)—1
_
mortgage (on steel-producing
property purchased through War Assets Ad¬
378.
P.
Hudson Motor Car Co.—Amends Loan
;
:
Purchase-money
$2,199,226
$2,079,354
Sides
—V.
customers
Aug.
68,706
6
purchases—
from
,
Inc.—SEC Files Complaint
Against New York Brokers—See Details in "Chronicle"
of Feb. 17, page 764.—V. 169, p. 604.
?•;
6,579,749
withheld
vidual
1948
1949
of January—
89,602
than taxes, on income—**——*_
U. S., State and. Canadian taxes on inc. (est.)_
Advance
and current portion of loans from
JLoans
April 1, next, $300,000 of
1965, at l05Va and interest.
on
due April 1,
bonds,
be made at the City National
Keystone Custodian Funds,
341,893
361,369
and commissions—__.—:—
Irom employees
for taxes
wages
15,403,524
11,528,051
other
Taxes,
Dropped 5.4%—
Stores Corp.—January Sales
;
———
-
bond
3%%
mortgage
Payment will
Chicago, 111.—V. 168, p. 2686.
_**__*—
Total
and
first
redemption
called for
been
have
There
5,850,418
.16,121,611
misc. invests, and sundry assets
tProperty, plant and equipment—
Goodwill, patents and trademarks
Prepaid taxes, insurance and other expenses—
Salaries,
«,,*After
Howard
4,863,947
Advances,
,
*
$915,772
lower
renegotiation rebates
and
1947
$1,802,339
for. customers and rolls
of cost (first-in, first-.*<;
dies
Co*—Partial Redempt'n
Kansas-Nebraska Natural Gas
31
1948
.
out, or average cost method) or market-——
Refunds of U. S., State and Canadian income
193,775,866 157,421,661
____
-t£f47,.
.
OCT.
SHEET,
•. "•
_
receivable_irI__^_l^jf-*-!-i-
moulds—at
and
Amounts
ftotal
'•
,
incl.
Inventories,
10,000,000
24,454,980
;
value
par
'
accounts
taxes
15,000,000
fluctuations
exchange
>^And other contingencies———
no
320,574
25,000,000
TOority interest in subsidiary company
Preferred stock (par value, $10o a share)
*C<jftimon stock of
1,316,502
"Trade
25,000,000
*__
1971
Canadian
4,760,381
1,316,652
333,378
Sinking fund debentures:
3'/—due July 1, 1964
I
2%%—due July 1, 1970———
^2%%—due Dec,
665,870
834,001
5,962,283
liabilities
current
ASSETS—
to
.____
payable
Miscellaneous
58,264,123
62,210,417
__
federal and Canadian income taxes
Dividends
BALANCE
CONSOLIDATED
liabilities—
....
Monday, February 21, 1949
FINANCIAL: CHRONICLE
COMMERCIAL
THE
(804)
years
the
resignation of Thomas W. Childs. Mr. Adams was;
of Standard Brands, Inc., and prior to that
Colgate-Palmolive-Peet Co.:—V. 168, p. 2636.
President
Executive Vice-President of
Volume
Libby, McNeill
Edwin
the
Olson
A.
left
vacancy
,
by
Bankert,
W.
A.
General
named
been
Traffic Mgr.
Manager to fill
under the company's
Traffic
retired
plan.
pension
the
For
Libby—New General
&
has
railroad.
to
p.
tirement of its bank
past
23
Mr. Olson has been with the Soo Line
post of Assistant Freight Traffic Manager
years
the
leaves
He
His
will
headquarters
be
Chicago.—V.
in
169,
110.
Libby's.
While
to
Annual Report Re¬
veals Record Sales—Equity Financing Planned—J, ; W.
Andrews, President, on Jan. 25 said in part:
—
Again in 1948 the volume of sales, both in dollars and unit sales of
cigarettes, exceeded any previous year in the history of the company.
value of sales for the year amounted to $556,506,847, an increase
Net
the 1947 sales of $513,771,422.
A part of
this increase
can
be attributed to the 5.4%
increase
in
the price
of cigarettes which was in effect during the last five
months of the year.
The increase in the unit sales ol' the company's
brands of cigarettes over the previous year was 6.2%.
Due
to
the
higher prices paid for
the last crop of flue-cured
tobacco and to the larger stocks of leaf tobacco on hand at the end
of the year, "there was an
increase over last year in the inventory
value of leaf tobacco amounting to $46,708,342.
This increased invest¬
ment in leaf tobacco is considered advisable in order that the expand¬
$42,735,425, or 8.3%
of
over
in. dollar sales
continued
Gross
Mr.
of
tobaccos.
properly aged
is
carried
as
at
As in
cost,
average
new
the
past,
inventory of leaf tobacco
established each month
being
averages
attributed
be
This
plane.
and
ciency
equipment have
continued during 1948.
The new modern cigarette factory at Durham,
N. C,, is hearing completion and should be ready for occupancy within
a
few months.
The 1949-1950 program calls for capital expenditures
to provide increased facilities for handling leaf tcbaccos, modernization
of
the
cigarette manufacturing plant at Richmond, Va., which will
result in increased capacity and more economical operation, and the
erection of a separate and altogether modern bidding for the research
laboratory.
Such expenditures in 1949-1950, including the completion
of the new cigarette factory and equipment', may amount to as much
During
Dec.
on
notes
and
31,
defer needed expansion
production facilities with iespect to buildings and equipment.
The
During
of
the
facilities
of such
cost
deemed
was
to
necessary
advisable
it
believed to-oe abnormal
added since the war are
set
to
aside
the directors
surplus in 1948 an
this situation
in order to partially meet
and,, therefore,
have
it
years
war
out
of
$2,000,000, -which is described in the balance sheet as
"Appropriation for Excessive Costs of Fixed Assets."
Provision for
depreciation charged against income will continue to be made on the
basis
of
the
cost
of
real
estate
and
buildings and machinery and
of
amount
equipment in accordance with the company's
leans
Bank
payment
Dec.
31,
During
the
at
of
course
exceeded
orders
at
the
INCOME
Years Ended Dec. 31—
general
Profit
$
501,198.715 470,578.932 428.855,015
1,736,165
1,364,185
1,131,341
operations
dividends
and
53,571,967
_<—
received——
355,911
income——-.—
Other
and
amort,
on
Interest
prior
Prov.
42,500,474
3,686,518
2,104,877
247,712
818,208
5,326
49,752
18,004,906
14,079,172
11,421,071
2,157,370
1,581,055
1,476,499
for
766.173
charges-income
Federal
State
for
chise
tax.—_
income
and
fran¬
taxes—
for
income
Dividend
stock
common
stock
on
Earnings per
22,900,691
18,368,923
1,461,187
1,461,187
15,684,695
14,116,225
1,461,187
12,547,756
$6.83
$5.39
29,261,121
year—
preferred
on
Dividends
35,005,508
831,699
—
taxes
years
for
Net
129.676
3,686,518
debt
loans——
Fed.—Ihcome
income
Prov.
354,363
292,517
15,699
funded
on
bank
cn
34,521,469
379,652
-
53,957,313
Interest
Other
41,828,305
29,435
Total
Int.
$
and
depreciation—
from
Interest
admin,
selling,
expenses
for
Charge
1946
556,506,847 513,771,422 464,507,825
sales,
of
—
share———
common
$8.86
BALANCE
CONSOLIDATED
DEC.
SHEET,
Accounts
$
The
Leaf
tobacco,
cost
at
50
the
Manufactured
and
stock
.—
oper.
supplies,
due
15,
Jan.
according
beginning
of
the
delivered
At
$195,900,000.
Cash
end
Gross
at cost
resumed
half
of
payment
worth
of
the
Lockheed
made
year
announced
three
the
Air
Force
orders
version
for
of
in
In
full
the
of
156
received.
placed
was
these
addition,
dividend
payments,
first
two-place
buildings, machinery and equipment
17,726,084
678,459
340,927,832 294,219,490
28,264,031
22,284,834
19,443,438
by
Navy's P2V.
Lockheed's deliveries during 1948
were
divided approxi¬
for the military
and $32,400,000 for commercial
Gross said that the future ratio of sales as indicated
company's current backlog, would run closer to 95% military
$93,100,000
the
5%
orders
commercial.
for
tinuing
the
interest
the
nates
newest
in
$26,600,000
version
this
world's
of
of
the
Constellation
320-mile-an-hour
airways.
As
the
of
12
on
Lockheed's
to
aircraft
end
which
of
backlog
indicates
1948
of
airlines.—V.
con¬
a
1
439,005
3,001
439,005
Brands,
Deferred
—_
_—
3.001
487,500
Total
875,000
2,341,966
charges
Harbor
Plywood
Corp.
above.—V.
Long Island Lighting
The
company
168,
today
the
SEC
authorization
for
1,786,812
425,042,022 366,246,911
——
would
and for that
The Commission
set
the matter down for hearing on Feb.
169,
24—V.
Accounts
Louisville Gas & Electric Co.
Electric
totaled
output
of
this
34,189,000 kwh.
responding week last
(Ky.)—Weekly Output-—
for
comnanv
the
week
ended
Feb.
12
1949,
"compared
as
year,
with 34,746,000 kwh. for the
decrease of 1.6%.—V. 169, p. 701,
a.
receipts
.
from
2.249
amounting to $61,460,919, in
This sales volume was 16.5%
year.
\
Income
of
sales,
dollar
the
in
sales,
fiscal
for
extension
tion
taxes
of
to
sales, were
greater than it
to
the
of
divisions
Dividend
the
highest
for the
the
sidiaries
the
1,
In
board
Accrued
5%.
After
the
there
year
payment -of
3.1
or
':v/ri'./
comprised
from the amount of
This
dividends
embracing
1,
the
for
normal
fiscal
1948
the
14
year
every
the
close
•/':%'
year.•/
capital
at
worth
investment
in
of
and
re-invested
the
the 1948 fiscal year amounted to
over the preceding year.
comprising the stockholders' original
of
company,
the
ADDITIONAL
fiscal
'
FINANCING—Subsequent
the company concluded
year,
The
20.695,067
12,886,600
12,886,600
Cost of sales,
INCOME
365.297
1,198,158
Oct.
Sales,
net
of
40,000.000
40,000,000
Selling, admin, and
75,000.000
75,000.000
Research
1,383,580
Appropriation for excessive costs of fixed assets
7% preferred stock (par $100)
Common stock (par $25)—
1,383,580
2,000,000
20,874,100
78,423,475
Earned
86,195,825
surplus—.
Total
and
ment
gen.
product
to
78,423,475
Interest
76,08Q,586
Profit
for
on
depreciation of $24,147,679 in 1948 and $22,767*114
$4,473,163 in both years—V. 168, p. 1694.
devel,
30,'48
jOct. 4,'47
notes
*2,955,074
Earnings
paid
per
178,112
178,112
1,047,539
47,674
934.191
Corp;
transferred
Proceeds
p.
from
the
financing
will
be
used
by
the
to
17,284
17,284
Crl40,046
Cr343,194
Cr95,697
Loans
$4,630,117
186,800
197.000
Substantially
Reduced—According
to
Robert
E.
the return to profitable operations, substantial
re¬
that
the
for
of
4,
for
the
to
the
date.
results
the
Lukens
Oct.
payable—
1,746,200
share
1.844,000
$2,697,117
476,964
52
Steel
and
enter
to
Newmont
which
under
may
stock
be
offering to acquire addi¬
stock to provide it with
Corp.
169, p. 701.
with the
filed
was
for 3,500
SEC
stock; to be offered at market.
Underwrite*,
Securities are being sold solely for the
A.
O'Connor.—V.
169,
604.
p.
it
reveals
arranged
in
with
that date
there
the
banks.—V.
Food
report
a
banks
169,
for
the SEC that on
additional 2J/2%
with
filed
of
$2,000,000
outstanding $3,000,000 of 1%%
were
notes
207.
p.
committee
of
Systems,
Stockholders'
Inc.—Preferred
preferred
of Murray
H.
Morrison, 39
committee, in a
lettei4 to the company's preferred stockholders,
dated Feb. 10, 1949,
announced
plans to renegotiate the proposed rate of exchange
of
stock
under
which
the
company
would be merged with Foremost
Dairies, Inc.
The committee announced that it agreed in principle
with the proposed consolidation, but felt
the exchange basis "mani¬
festly
unfair
and
inequitable"
to
the
preferred
stockholders
of
Maxson.—V.
stockholders,
Lyons and David J.
York,
New
169,
N.
Y.,
consisting
Mintz,
with Joshua
Secretary
as
of
the
701,
p.
Metropolitan Life Insurance Co.—Insurance in Force
Up $2.7 Billion—Assets $576,722,406 Higher at Close of
1948—
Life
•*■.
Nov.
of
1947,
of
subsidiary
The
of
1,
Lukens
as
Co.
ended
and
its
Lukens
a
these
Steel
Feb.
445,166
$8.48
$8.92
liquidation
of
Co.
and
the
approved
with
this
at
company
end
the
1948
of
Leroy A. Lincoln, President,
announced
represented a gain of $2,701,813,139 in the year..
This
life
insurance by
the company in
157,071, compared with $2,895,658,040 in
statement
filed
with
the
York
New
1948
on
to $2,904,-
amounted
1947, according to the annual
State
Insurance
Department.
Payments to
policyholders aggregated $721,366,364, of which $263,780,754 was in death benefits, $147,045,672
in matured endowments
and annuities and $59,403,238 in disability and accident arid health
...;/•
■;•
Mr. Lincoln
007,
listed
the company's
assets as of Dec. 31
at $9,125,145,-
compared
with $8,548,422,601 at the end of the previous year.
aggregated $8,591,210,201, leaving a surplus of $533,934,806
for protection against contingencies.
Surplus amounted to about 6%
of the company's obligations.
Liabilities
The
rate
trend
of
years
company set
holders in 1949.
Lincoln
Mr.
"
plated,
167,
and
aside
said
assets
on
increased
that
change,
may
during
from
$152,067,254 for
further
no
the company's present
once
outlook
V,
earned
interest
of
many
The
however,
if
the
2.94%
dividend
housing
1S47
projects
commitments
conditions
reversed the
to 3.03%.
year
in
to
payments
are
policy¬
contem-
were
completed/
warrant
it,
he
This
said.—
1811.
P.
Michigan Bell Telephone Co.—Earnings—
Period End. Dec, 31—
1948—Month—1947
1948—12
Operating
- 10,577,449
revenues
Uncollectible
113/652,373
41,132
503,239
359,560
10,536,317
8,935,657
113,149,134
8,962,241
7,884,535
643,413
93,950,614
96,966,087
79,320,S2S
924,476
oper.
Operating
Mos.-—1947
8,980,211
44,554
10,071,137
9,860,70S
649,600
407,709
9,127,383
7,785,056
470,052
324,826
7,625,528
7,182,121
rev—
revenues
Operating
expenses—/.
Operating
taxes
97,325,647
Net
Net
after
—V.
income..:
oper.
169,
charges—
p.^ 379.
stockholders
1947.
subsidiary companies
were
Midland Steel Products Co.—Plans Stock
oper¬
The
1947,
includes
transferred
income
the
to
and
assets
Lukens
stockholders
and
lia¬
of
Steel
Co.
common
E.
•
J.
stock
being given
30,
million
dollars.
Detroit
plants
Nov.
1,
1947.'
April
without
par
will
28
value
consider
into
Split—
splitting
shares
two
of
each
share?
common
stock,
At present there are outstanding 234,915 common shares.
Kulas, President,
announced
that
serious
consideration
is
Lukens
1947, and the 56 weeks ended
on
$5 par value.
earned surplus reflects
Steel Company and its divisions
1948, and the consolidated results of
subsidiary companies for the 52 weeks ended
of
Oct.
force
in
$39,958,517,854,
14.
Sales of
Co.
1,
companies
of
plan
steel
Sept. 26,
Nov.
statement
operations
under
of
on
insurance
totaled
purposes.
Co.
directors
sheet
weeks
Steel
stockholders
Co.
Chicago.
Richard
Broadway,
$2,835/70
445,166
$7.58 /':
comparative
Lukens
balance
bilities
at
1,675,000
$2,411,604
divisions
as
its
of
Copper
notification
of
common
Co.,
Pratt, Michael J.
$4,876,702
surtax
subsidiary companies
Subsequent
Gross, President, operations of this corporation for 1948
were characterized by three main developments
These
were
to
meetings of
The
&
which
Crll2,042
$4,261,604
175,000
and
or
Crl40,146
1947, the assets and liabilities of By-Products Steel
and Lukenweld, Inc., wholly owned
subsidiary companies, were
the
ated
Aircraft Corp.—On Profitable Basis—Bank
&
Maxson
1,
of
■
Lockheed
Nov.
at
corporation
outstanding bank loans and to increase working capital.—V. 169,
701. ■>
of
proceeds
letter
a
par)
On
by
A
999.558
tax
common
*Reclassified
+As
its
by
Freres
shares
Committee—
*241,379
abandonment of
income.
York at 100 %%.
repay
held
':'3,181,161
'••'220,521
177,345
payable, etc
and
income
The notes were placed with two insurance com¬
panies including the Mutual Life Insurance Co. of New
15, 1964.
Nov. 1,'47
260,353
exps._
i
Federal -normal
Dividends
the
Manuel
San
co"poration
31
notes.
$48,591,687 $52,773,066
*39,892,131 *43,531,058
Provision for income taxes:
Net
the extent
Marathon Corft.—Additional Loan—
retire¬
Earnings from operations
State
Lazard
of
the
use
of
7
benefits.
Ended
3,429,235
property, plant and equipment
Other income, net of other deducts.
tAfter reserve of
Liquid Carbonic Corp.—Notes Placed Privately—The
corporation, it was announced Feb. 15, has sold privately
through Smith, Barney & Co., Laird, Bissell & Meeds,
Spencer Trask & Co., and Merrill Lynch, Pierce, Fenner
& Beane a new $10,000,000 issue of 3V2% notes, due Feb.
1948
ACCOUNT
52,580,363
:
depreciation
sales
on
exps.
employees'
plan—
Provision
425,042,022 366,246,911
for
excl. of prov. for depr.
Contribution
20,874,100
.
capital 'requifed for further development.—-V.
($1
The
1,
$61,460,919
1965
reserves
will
Feb.
Jan.
discounts, returns and
allowances
sinking fund debentures, due Oct. l, 1966
1,
subscription
one-half
shares
benefit of
+56 Weeks
2%%
1947.
the
of
52 Weeks Ended
2%%
"■After reserve
close
-
1951
:
sinking fund debentures, due Aug.
in
Dec.
on
the
capital.
bonds and debentures
1,
with
Cruttenden
Penn
3,340,048
taxes
Special
to
1948, a note agreement
Mutual Life Insurance Co. of
Philadelphia, to borrow
$4,000,000 with interest at the rate of 3%%, repayable within 10 years
on
an
annual
amortization
basis
partially contingent on earnings.
Proceeds
from
the
loan
were
used
to
pay
off bank indebtedness
of
$3,500,000
and to
provide a more adequate supply of working
with
to sub¬
of
Rights expire
right
the
Magnavox Co., Fort Wayne, Ind.—Filing—
their
equity in the portion of earnings retained and
business, at the close of. the
1948
fiscal
year
equivalent to $56.19 for each share of outstanding
stock, an increase over the existing value at the close of the 1947
fiscal year of $6.15 a share
3,187,712
365,2«7
1,198,158
bonds, due Aug.
for
agreement
acquire
shares
$17,866,645,
was
have
15
increase of $1,614,508
an
net
weeks.
56
of
of
of
Feb.
record
dollar
per
earnings for reinvestment in the business
dollar of sales, a decrease of $455,896
$2,390,536 retained out of the earnings of the 1947
cents
of
shares of capital stock ($10 par) to
two shares held, at $16.75 per share.
s
Magma
to
stockholders'
remained-out
$1,934,640,
stock
capital
unsubscribed by
other shareholders, up to
an
amount which, together
with its own
subscription, would equal one-half of the total shares offered.
year,
history.
1947 fiscal
cents
3.9
or
period of the 1947 fiscal year from Oct. 4 to Nov.
periods of four weeks each, or 56 weeks, instead of
of 13 periods' of four weeks
each, or 52 weeks.
25,027,274
on
of
for each
Copper Co.
an
tional
the
names
By-Products Steel
Co.
facilitate the liquidation of these sub¬
directors of Lukens
extended
the
accounting
of
allowances
in
1947.
8.
Magma
under
order
tAfter
employees.
$11,289,790
in
1948
and
$.10,266,629
income account above.—V. 169, p. 701.
Mining Corp., New York investment company, has received
exemption
order
permitting
it
to
subscribe
to
its share
(14.9%) of the 204,000 shares of common stock being offered
by
1947, ceased their corporate existence, becoming
company
Lukenweld.
$29,793,012 $23,990,231
to
SEC
a
in
36,000,000
payable on preferred stock:
interest
Accrued
March
of
year
DrlOO.OCO
of
for 204,000
share
one
cor¬
accounting period was necessitated by the consolida¬
subsidiaries, By-Products Steel Corp. and Lukenweld,
Nov.
on
of
fiscal
10,926,676
Magma Copper Co.—Rights to Subscribe—
the
a
sale
for
company
under
Holders
scribe,
On
fiscal
1948
was
$2,4ll,604,
income
net
a
covered
Lukens
78,500,000
*
("t")
year
1947
Inc., which
and
net
amounted
contrast
3,760,209
21, 1933————
shares) held in treasury
-
to
depreciation
tSee
$2,835,702, or 5.3 cents per
preceding year.
In comparing the earnings of
with those of 1947, attention is called to the fact
1948 fiscal year covers the normal 52-week
year, whereas the
of
the
results
the
.
after
in
1948
that
in
customers
3,279,760
Oct.
Total
Lukens Steel Co.—Annual Report—Robert W. Wolcolt,
President, on Jan. 24 said in part:
Dollar
1,238,000
3,279,760
3,760,209
8,972,849
Drl00,00O
1,238,000
$10).
since
^Capital stock (10,000
would
•
payable
Earned surplus
64,710
43,088
—
other
and
losses
•
stock (par
surplus—
Common
into
379.
p.
40,905
claims and
—
inventory
462,523
49,862
cus¬
awards..
and
Newmont
used to retire $5,974,000 of outstand¬
$10,000,000 of bank loans.
ing debentures and to pay off
future
230,652
242,406
and
——
-
claims
675,000
82,345
——
contracts
balances
etc.——;
for
675,000
etc.
contingencies
seeks
reason
be
COMPARATIVE
payable to banks
awards,
Reserve
to
sinking fund debentures, maturing May 1, 1969.
to sell the debentures privately to insurance
issue
sales
on
of
materials,
workmen's compensation
'"Donated
proposes
companies and other institutional investors,
exemption from competitive bidding.
of
credit
557,817
2,041,000
-
defective
compensation
Con¬
an
Proceeds
adjustment
from
for
adjustments,
received
tomers'
,
682,261
1,850,000
reserves
wage
$2,086,283
448,983
222,583
domi¬
150
some
$3,500,000
2,872,043
477,736
-
2226'.
p.
the
to
$29,793,012 $23,990,^31
year
Workmen's
Co.—To Sell Bonds Privately—
has made application
company
issue $16,000,000 of
LIABILITIES—
Notes
Advances
>
168, p. 2121.
Long Bell Lumber Co.—Acquires Harbor Plywood Stk.
See
22,117
172,038
222,583
claims
for
retroactive
for
:
26,777
191,483
—
others
and
resulting
years,
operating
Capital
additions
1948
stellations were in service
11,866,619
1
trademarks and goodwill
Stock in subsidiary company—.—„
tStofcks in foreign tobacco companies
Notes receivable, due serially-,
Prior
fiscal
Provision
jet
customers,
and
9,746,392
10,031,315
;
/—:•
payable—
Current
and
each
1948,
2,
Although
mately
916,379
Accrued salaries and wages, corporate taxes, etc.
Federal and State income taxes, est.:
Constellation
the
trainers, designated TF-80C,
third version of the Shooting Star
deliveries were begun on a third
and
158,604
stock
—
Reserve for
production
150,538
—
Co.
'
Dividends
useful
a
Iron
assets—:
payable, bank
payable, trade
payable——
Wages
training airplane, a development of the famous Shooting Star fighter.
have been
accounts
Accounts
military
for
were
July
nation's
taxes
Brooke
Total
share, the first dividends paid by Lockheed since 1946.
per
1948,
property
G.
miscellaneous
Notes
com¬
orders
these
Of
on
&
LIABILITIES—
backlog
company's
stated.
dividends
of
E.
the
.
"Land,
Deferred
$124,820,000.
was
the
in
(approximately 30% owned)-—tProperty, plant and equipment-
hand"
on
and
insurance
118,068
which¬
—
Gross.
Mr.
$125,500,000
year's
Mr.
1950.
to
1948
cost or market,
lower.
8,458,753
—
at cost
Other
3,329,953
55,111
10,085,926
——
at average
the
Investment
the
to
serially,
payable
1949, approximately $181,400,000
$14,500,000 for commercial airplanes,
last
cents
The
16.367,606
598,052
:—
—i
being
$6,000,000
of
company
during
of
$
18,672,460-
others.—,
receivable,
savings
$1,984,306
2,002,688 '
3,647,134
prices..
Prepaid
effi¬
increased
transport.
$8,939,351,
13,864.737
-
receivable, customers.
Accounts
at
of
$10,000,000,
at
company
and
Working
1947
ASSETS—
—
loan
airplanes.
opening
fiscal
31
1948
Cash
possible
tNov; 1,'47
$2,685,661
shipments of sales orders at estimated
Inventories,
ever
deposits—'
receivable.—
accounts
additional
1947
$
Cost
selling
ACCOUNT
1948
sales
Net
term
the
stood
airplanes
be
CONSOLIDATED
Unbilled
large
banks amounting to $27,000,000 were
indebtedness remaining on the books
to
military
year
and
of
Tile
amounted
year-end
will
events,
years
in
could
demand
and
securities, at cost, inch accrued int.
and
uncertain
the
industry,
susbtantial
in
Govt,
S.
Notes
after
Oct. 30,'48
hand
on
U.
year.
made
resulted
bank
a
backlog
the
mercial
only
of* $2,000,000
1948
Lockheed's
usual, policy.
to $78,500,000 which, in the
gradually curtailed after the first
quarter and prior to the next leaf buying season,
The long-term
financing which was effected by the company, in 1945 and 1946,
through the sale of 2%% sinking fund debentures to several insurance
companies,1 together with
the stand-by or revolving credit up to
$100,000,000 at any one time until August, 1950, with a number of
its depositary banks, has seemed adequate to take care cf the money
requirements Gf the company.
However, in view of the higher prices
paid for leaf tobacco out of the last crop and the uncertainty as to
future
prices and requirements, the directors are now giving con¬
sideration to some equity financing, and an announcement regarding
this may be expected within a few months.
normal
production
of
which
payable
the
1948v was
next
However,
■
the
of
the
to
continuity
lower costs
1948
liquidated
$7,500,000.
as
balance
were
Current:,,
Cash
government, .and higher earnings for the company.
During
purchases are added and as usings are deducted.
Postwar additions and improvements to plants and
the
1949
9
EARNINGS—The earnings for the quarter ended
given in the "Chronicle" cf Feb. 14, page 701.
QUARTER
22,
ASSETS—
continuity of production made possible
sustained military" orders for the Lockheed F-80 Shooting Star
fighter and the Lockheed F2V Neptune, long-range Navy search
by
jet
be protected with an adequate ! stock
may
during
said that profitable operation,
readjustment in
the
aircraft
postwar
.
ing business of the company
Jan.
was
measure
Liggett & Myers Tobacco Co.
FIRST
impressive in¬
an
figures for 1948 will not be ready for some
indicated that the return of the company's operation
profitable basis as revealed In the interim report of June 30,
a
of
indebtedness, and
(805)
audited
the
it
1948,
/
CHRONICLE
FINANCIAL
&
in its backlog of unfilled orders.
crease
time,
with
come
COMMERCIAL
THE
Number 4779
169
to
a
construction
He
added
and
that
running full
wherever possible.—V. 169, p. 8.
are
expansion
both
and
the
three
program
company's
shifts are
to
cost
several
Cleveland
being
and
operated
10
(806)
THE
..This
company. Announced on Feb: 16 that it has entered an agree¬
for the acquisition of the assets of the H. Belfield Co., man"
ufacturers of control valves.
*
ment
Harold W. Sweatt, Honeywell President, stated that Howard ;L. »
Murray, President of Belfield, would be elected a Vice-President of
Minneapolis-Honeywell and would be in charge of the new acquisition :
j
which
will
be
known
Belfield
the
as
Valve
Honeywell.
The
Division
V
,
of
sion
and
be
for
type
and
made
used
by
the
the
in
its
Brown Instruments divi¬
chemicals, metals, petroleum
and
company
manufacture
of
similar products.
In addition the valves made by Belfield will
applied to the automatic control systems made by Honeywell
use
in heating and air conditioning installations.
.
Products
of
the .division
will
through Honeywell branch
Stated.—V. 169, p. 604.
distributed
be
oliices
and
the
nationally
and
Equitable
Carl
R.
M.
W.
&
Weeden
&
Co.,
&
—V.
it
Co.
Implement
Minneapolis-Moline
Merger
—
Voted—
eliminate
Feb.
on
arrearages
16
approved a
preferred stock.
the
on
plan
merger
designed
to
1948
,
laws
Delaware
of
effective
Feb.
to
succeed
21,
the
that
On
properties,
15, 1949, will be filed
Minnesota
and
1949.
and
assets
the
and
required by
as
business
the
of
Co.
will
Delaware
cor¬
poration.
W.
C.
McFarlane, President, said stockholders will
be
notified
to the exchange of preferred and common stock certificates.
Application has been made for listing of the new first preferred,
second preferred and common shares on the New York Stock Exchange.
These shares are expected to be admitted to trading on the New York
Feb.
21
Stock
as
Exchange
Feb.
on
23—V.
169,
500.
p.
stockholders
The
charter
April
on
to
make
the
life
extending
formed.—V. 168, p. 2122.
the
the
powers
so
enlarging
as
and
amending
consider
will
26
of
corporation
the
corporate
perpetual
1946
$
$
14,283,132
12,488,615
State
&
inc.
162,000
taxes
6,318,000
5,694,049
5,426,300
"8,925,000
.___;
8,589,083
8,243,925
paid
427,516
$4.76
$4.25
$4.07
6,950,000 Federal excess profits
taxes.
the
1947
of $571,094.
average
Inventories
increased
s
Working capital
ment
with
to
was
series due Feb. 1, 1979. Awarded to the
underwriters at competitive bidding Feb. 15, the bonds
were reoffered at 102.461
and accrued interest, yielding
3% to maturity.
bonds, 3y»%
W.
102.11;
C.
Langley
Union
Securities
i01.98; Salomon
Kidder,
bids
Other
The First Boston Corp.
102.044; Halsey, Stuart &
Corp.,
3'As
for
and
tax
Earned
101.9227; Lehman Brothers, 101.9213;
White, Weld & Co. (jointly •,
101.90;
&
Glore,
101.8181;
Beane,
&
Forgan
101.20.
Bonds
Bank
dated
are
Farmers
Feb.
Trust
1,
Co.,
1949;
New
Feb.
due
City
Trustee:
1979.
1,
31,
liabilities
Current
notes.
after
estimated
deducting
In
costs
of
the
issuance
estimated
in the
of
and
expenses
bonds of
the
interest,
accrued
series
1979
From the issuance and sale of the additional
St. Louis Ry.
ICC
Jan.
on
liability
accrued
in
authorized
31
of
respect
New
dividends
equipment.—V.
of
not
the
1,004,250
in
169,
connection
with
Such
net
proceeds together with other funds of the company are to
be
applied toward the cost of the presently contemplated construction pro¬
gram of the company and its subsidiaries, in part directly and in part to
repay bank loans incurred for construction purposes and to reimburse
the
bank
loans
$500,000
York
7,
bank
moneys already
to
be repaid were
so
from
Trust
April
with
to
&
bonds
time
of
such
•for
for
at
series
E,
series.
series
stock
series
of
construction
equipment
the years 1949, 1950 and
is
which
generating
Electric
Rural
and
company
subject
its
change
to
will amount to
approximately $34,000,000,
follows:
as
paid
were
share,
per
shares
$
distribution
facilities
facilities
_
the
Income
March
15,
funds
First
series
3%
i;
due
Aug.
series
due
10-year serial
PRESENT
Authorized
1,
series due Sept. 1,
3 Ve %
2%
TO
mortgage bonds:
3rr
ex-distribution
sell
estimates
series
such
of
1975
FINANCING
1949).
*
series
Total
$
.10
.01
.10
shares
.05
For
the
.08
Gas
feet.
This
duction
Feb.
This
for
is
of
ended
the
decrease
a
for
the
is
22,624,000
cubic
feet
reported
4.40%
cum.
4.80%
pfd.
cum.
Common
c
"The
stock
pfd.
cubic
for
the
feet,
8.43%
or
corresponding
1948—Month—1947
oper.
bonds
issuable
are
in
48,558
rev._
14,039,233
11,824,978
939,512
revenues
39.000
scries.
,is limited by the restrictions
indentures
13 000
below pro¬
week
year
a
supplemental
Net
Net
$
expenses
s
299,842
of
dated
bonds
Aug.
authorized
1945
1
and
thereto.
tAs
of
Nov.
30,
1948,
the
charter of
the
company
authorized
1.000,000 shares of common stock, all of which were outstanding, ' The
charter
amended
was
Dec.
on
31, 1948, to increase the authorized
.amount of common stock to 2,000,000 shares.. Upon the issuance of
the additional common stock, the
company will have 1,067,000 shares
of common stock outstanding.
-
1,147,775
702,754
13,323,403
7,147,755
directors
for
the
first
Feb.
on
of
quarter
a
of
dividend
per
March
Permanent Debentures Ready—
1
share
debentures due 1982 may be exchanged for
permanent debentures at The New York Trust Co., New York, N. Y.,
or
at the Old Colony Trust Co., trustee, Boston, Mass.—V.
169, p. 500.
Temporary
3%
35-year
t
•
BUSINESS—Company
1912,
as
Monongahela
consolidation
Northern
of
name
of
the
Co.,
May
11,
1921,
on
Feb.
28,
1923.
By
Co.,
Co.,
•
became
Water
subsidiaries of
May
17,
Traction Co. and resulted from the
Clarksburg Traction Co., Fairmont &
Clarksburg and Weston Electric Ry.
The
to
Monongahela
an
agreement
effective
Spencer
Virginia
changed to Monongahela Power & Railway
was
and
which
West
&
and
company
on
in
Oct.
&
Ice
23,
Co.,
West
of
merger,
Kanawha
1935,
and
Public
Penn
Service
Co.
dated Sept. 10, 1935,
Traction & Electric
Monongahela
Water
&
company,
were
merged with and into the
company.
The name of the company was changed to its present
corporate title on June 28, 1945. •»
The principal business of the
company and its subsidiaries is that
of
the
of
Ohio
production, distribution
a11
nor^ern
and
Marshall
and
sale
of
West
half
Counties
and
the
of
electric
Vfrginia
energy
(with
major portion
in
the
substanexception
of the Eastern
Panhandle), and in small parts of' adjoining territory in eastern Ohio,
-western
such
-
The
State
Maryland
companies
company,
of
and
are
western
operated
all of
the
Virginia.
under
the
operations
West
of
•
The electric properties of
supervision of the company.
which
are
conducted
in
the
Virginia, is primarily engaged in the production, distri¬
energy in all or parts of Barbour, Braxton,
•Frooke. Calhoun, Clay,
Doddridge, Gilmer, Grant, Greenbrier, Hancock,
Harrison. Jackson, Lewis, Marion, Mineral,
Monongalia, Nicholas, Pendle¬
ton, Pleasants,
Pocahontas, Preston, Randolph, Ritchie, Roane, Taylor,
bution and sale of electric
company's
publication
104th
report
annual
to
released
policyholders,
for
said in substance:
company's assets" totaled $4,'448,369,759 at Dec. 31, 1948, re¬
flecting an increase of $214,186,161 during the year. The assets ex¬
ceeded
reserves
and
other
liabilities by $266,505,885,
which amount
PYb.
on
14,
The
constitutes the
Surplus
The
Electric
the
S100I
The
250,603
at
Co.
reserves
and
-
are
all
Sales
which
close
now
annuity
of
is
new
held
on
reserves
life
$335,600
an
than
the' company's
of
basis
interest
oh
are
insurance
more
All
a
2%
during
in
of
life
Payments
to
$206,376,000.
living
"who
policyholders
this
Of
policyholders,
$857,719,600,
1947.
and
in
1948
amounted
"A"
ments
company
wos
in
compared
rate of return on
with
3.25%
in
1947
new
invest¬
The
by a group of local in¬
the management.and certain
incorporated
was
it
1948
Steel
Rhode Island
in
all
acquired
the
Dec.
14,
assumed
and
assets
all
on
Corp.
rolled
heat
and
treated.
The
final
product
is
Dean
on
in
Street
received
Pawiucket,
the
from
Rhode
Series
Island.
debentures
A
to¬
purpose were $2,036,880.
The difference,
from a demand loan amounting to $560,000
Co.
which
was
paid
treasury following
predecessor.
its
on
Dec.
1948
31,
acquisition
by
the
with
$549,380,
with
cash
company
In¬
from
of
the
(PREDECESSOR COMPANY)
Net Sales
"Net Inc.
Fed. Taxes
$1,845,896
$214,754
$43,499
1,111,951
95,663
17,319
78,344
1,781,452
337,806
65,176
272,630
1,865,788
340,964
114,592
226,372
'-i
.
3,120,350
Net Inc.
$171,255
taxes
Mining
corporation,
the
SEC
157,399
165,820
.62,988
102,832
149,914
58,158
1,954,574
-
183,040
652,294
■
4,347,312
;
to
151,965
164,402
3,610,147
Federal
257,603
126,079
2,519,404
-
260,535
321,801
2,535,723
-
518,138
278,044
2,653,796
2,938,745
■
on
income
Corp.
—
excess
Seeks
114,543
405,789
247,527
654,519
&
91,756
68,497
246,505
406,992
-
profit
taxes.
SEC
Exemption in
Copper Stock—
New York investment
an exemption order
for
company,
has
authorizing
made applica¬
it
to
acquire
its
rata
&
proposes
Co.
under
to enter into
which
a
Newmont
contract
would
;
with Magma and Lazard
purchase
one-half
of
the
which may be unsubscribed by other shareholders, provided its
purchases do not exceed one-half of the present offering.
As
compensation therefor Magma would agree to pay Newmont $71,600
or
$1 per share for the maximum number of shares which it might
shares
to
and 3.04%
In¬
purchased
series "B"
total
total, $118,046,429, or about 57%, was paid to
$88,329,571 to the beneficiaries of those
1948,
196,000
been
this
for
Newmont
have to
and
reported that the gross
3.36%
have
with
the proceeds from the term loan, the Scries B debentures
and "B" stock, amounting in all to $1,487,500 were ap¬
Trust
of
Freres
purchase over and 'above its pro rata share.
'
will purchase the remainder of the unsubscribed
Lazard
died.
The
204,000
196,000
agreement
offered.
now
by other stockholders.
$475,979,615, or 5.3%.
beneficiaries
400,000
share (14.9'%) of the 204,000 shares of cdmmon stock of
Magma Copper Co. and to acquire certain of the shares not purchased
the close of
1948 the company had 3,779,541
policies in force
$9,539,584;229
of
life
insurance
protection,
as
compared with
3,683,297 policies for $9,063,604,614 at the close of the previous year.
Net
growth of the company during the year, as measured by the
was
250,000
400,000
bought
were
SUMMARY OF EARNINGS
The
At
force,
$450,000
250,000
debentures
those
are
company's
pro
for
increase in life insurance in
Outstanding
$450,000
term-loan
a
"A"
Newman-Crosby
located
obtained
tion
.
to
under
stock
Purchase of Magma
insurance
either 2Vs>% or 2%,
basis.
1948 amounted
FINANCING
PRESENT
804.000
and
"B"
cold
Newmont
during the year.
annuity contracts amounted to $3,410,-
1948.
of
14,
industrial
of
group
_
stock was purchased-by
30,
of
is
with
-the
"Before
for insurance and
the
Dec.
—
series
1948_
contingencies.
company's surplus funds , held for general
increased $35,387,161
lescrve
TO
1952
made
1945_
The
Valley
Fairmont
Traction
incorporated
was
Co.—Assets Higher—
Life Insurance
Island
Authorized
1942_
,
New York
diversified
EFFECT
1,
Year
'
•
Rhode
of
is
dustrial
Payments
1949.
sinking
a
earnings.
upon
widely
a
April
was
Co.
Dec.
steel
was
and June 30, Sept. 30 and Dec. 31,
10,
to
plied
toward the purchase of all the outstanding capital stock of
Newman-Crosby Steel Corp., the company's predecessor.
Total funds
payable March 31 to stockholders of
in 1948 were as follows: March
$1.25 each.-
1949,
record
31, $1;
Island
entitled
are
Jan. 1 and
4 mill in¬
payable
Rhode
_______________________
steel
and
11,747,227
6,633,194
$1.25
(he
company
assets
declared
15
interest
1961;
from
Corp., a
Rhode Island
specializes in manufacturing cold rolled
It
to
PURPOSE—Proceeds
Declares $1.25 Dividend—
The
1,067,000 shs.
amount
charges
1,
Debentures
associates.
Plant
13,103,754 158,848,318 141,810,209
10,945,218 135,138,764 118,701,908
1,010,761
10,386,151
11,361,074
1,274,743
701,515
income—
oper.
after
12-year 6%
uniform quality with accurate, uniform tolerances and
requisite for the high speed production methods used
in the manufacturing of steel products.
The Company also produces
special cold rolled sections for customers' individual needs.
142,110,051
354,916
Offered—G.
finishes
the
90,000 shs.
40,000 shs
The
Jan.
tax.
GIVING
due
loan
high
1948—12 Mos.—1947
159,203,234
Co.—Debentures
contingent
sold
The "A"
required
the indenture
of
34,458,112
exempt
1950
(par
Trust
O11
gether
Operating
Operating
t
30,230,414
53,924,372
specializes in manufacturing cold rolled steels. Included
are low
carbon steels, high carbon alloy and stainless steels.
It pur¬
chases
hot
rolled
strip, wire and sheet steel from steel producers.
Co.—Earnings—
$
13,150,014
46,260
14,087,791
revenues
Operating tuxes
(par $6.50)
38,371,696
4,384,337
'
liabilities
This
Period End. Dec. 31—
2,800,000
pfd. stock, series B_______
stock
loan
stock,
their
The
702.
p.
6,000,000
stock
in
are
strip
Uncollectible
150,000 shs.
38.812,296
due
HISTORY—Company
cf West
(par $100)
4.408,024
Jan. 27 offered $250,000
are
G.
the
cubic
"
Cumulative
53,378,814
stock
1948.
ago.
year
a
34,063,873 402,275,819 355,403,178
24,219,531 310,084,709 263,107,110
.
term
vestors.
below
5.41%
245,651,000
at
New England Telephone & Telegraph
7.000.000
*
1979
1,
kwh., or
874,220
5,436,318
Steel
on
stock
of
electric output
reports
867,051
corresponding week
week
11
of
Association
decrease of
a
kwh.
Feb.
268,275,000
169,
this
11,
is
$
1,242,458
4,668,986
property
H. Walker &
debentures and the
10,014,212
output
which
4V2%
by
kwh.
$
192,260
3,175,312
1948;
14,
beginning
dustrial
605.
week
1948—12 Mos.—1947
ft
2,714,444
personal
"B"
England Gas & Electric Association—Output—
15,147,161
stock
hearing
702.
The
.05
.03
shares
production of
its
for
34,166.133 403.518,277 356.277,398
28,393,565
.
Debentures
"A"
.07
of
of
Corp.
scheduled
2435.
p.
1948]—Month—1947
36,357,476
income
Dec.
Common
.10
.10
$4,000,000
Feb.
notes
5'*. purchase money obligation
Maryland Power Co.__
19430876
6%
.10
p.
been
168,
subordinated debs.; series A due Jan. 1, 1961
subord. conv. debs., ser. B due Jan. 1, 1964
6%
$.09
—
.07
169,
Utilities
has
1949.—V.
Telephone Co.—Earnings—
oper.
p.
1.
4%',;
Profits
$.09
..
Security
$22,000,000
*
1977___
21,
dealer managers of the group
as
Public
Corporation
Feb.
CAPITALIZATION
1
1
From
.09
stocks
Operating
Outstanding
York
on
acting
consumers.
(the
distributions.
shares
New
by it.
sale
COMPANY—Company was incorporated in
1948, as successor to Newman-Crosby Steel
.07
....
$
EFFECT
New
SEC
for
General
charges
169,
fund
shares
1.200,000
GIVING
fee
a
revenues
after
tangible
Building
—V.
Stock Regis¬
—
The
receeive
oper.
July
Aviation
Oil
606
pp.
be
36,237,863
.08
.09
are
series
Chemical
169,
the 880,000 shares are to be offered
subscription at the rate of one share for
for
..
.16
.10
following
shown
'
CAPITALIZATION,
General
119,613
.12
.015
.
Income
12,300,000
5,100,000
Gther
in
Dated
$15,400,000
distribution
and
common
and proposed for
Newman-Crosby
$.13
.09
*
sources
payable
Industrial
bonds.—V.
subordinated debentures, series A at 100 and interest.
Total
—
.07
1949.
the
Institutional
convertible
prospectus,
H. Walker & Co.
.10
•
23.
bonds,
registration statement with the
stock ($25 par) held by General
a
rev._
—V.
Security
.08
shares
and
ago.—V.
facilities
transmission
electric
the
of
course,
the company estimates that expenditures
for the month of December, 1948, and for
1951
present allocated
Electric
of
shares
filed
$
steels
Feb.
registered
Operating
revenues
Operating; expenses
Operating
taxes_______
"Revised.
amounts
RR.—Definitive
'
11
corporation formed in 1933.
However,
construction
new
plans
are,
will
Uncollectible
certain
Profits
.105
shares
trade
to
Operating
and
par
of
share,
per
From
.16
series
groups
Railroad
Retail
the
New York
2% %
99.516',*
$.13
series
"Selected
'
PROGRAM—The
new
2688.
p.
income
mortgage
temporary
Feb.
on
Corp.
to
is
the
Net
Income
.
new
been
a
2022, arc now available at The Chase
York, 43 Exchange Place, New York,
1,
Period End. Dec. 31—
.
From Investment
"Preferred
for
participating dealers.
proposed sale by
before
States
procurement
Feb. 15, 1949, the following distributions,
shareholders of record Jan. 31, 1949.
Stock
Utilities
interest
National Securities & Research Corp.—Distributions—
Balanced
general
The
was
United
the
by
On
right cf prepayment without premium.
These
repaid simultaneously with the issuance and sale
1979
time.
to
on
168,
Hartford
6c
With SEC—
corporation
fee
Net
to
exchange
Beane
of
the
be
CONSTRUCTION
from
made
such purposes.
The
Jan. 7, 1949, as follows:
for
City Bank',' New York, and $500,000 from New
against
company's 2%
promissory /notes
due. on
Co.,
are
subsidiaries
expended
National
1949,
loans
the
of
for
treasury
of
record on a date to be specified
offering price also is to be filed by amendment.
paid by General to participating dealers who have
been instrumental in obtaining subscriptions.
The First Boston Corp.,
Lehman Brothers, Wertheim &
Co., and Merrill, Lynch, Pierce, Fenner
obligation
assume
$4,320,000
the
605.
p.
$7,068,650
____
above.—V.
Haven
July
covering 880,000
A
Equipment
—
to
company
exceeding
certificates, to be
York, as trustee, and
From Investment
Total
has
Counsel,
in charge
be
each 10 shares of General stock held of
Certificates—
The
due
A,
by amendment.
was
into
Nashville Chattanooga &
are
$6,064,400
stock
common
will
He
above totals.
1948,
On
sale
and
Corp.
New
to stockholders of
$12,358,216.
were
19 stores were enlarged, three were renovated, one
larger and more modern quarters, and one new store
opfened.—V. 169, p. 702.
follows:
as
the
Assistant General
development.-
registered
According
tingencies" set up from earnings in the years 1942 to 1945, inclusive,
amounting to $2,000,000, was restored to surplus during the year, and
moved
in
Public
at Dec. 31,
1948 was $31,938,045, an increase of
the previous year's amount.
The "Reserve for Con¬
over
Railroad
York.
PURPOSE—The net proceeds to be received by the company from the
and sale of the bonds of 1979 series and the additional common
From
a
500.
SEC
1948,
Issue
stock,
company
all
New York State Electric & Gas Corp.
surplus
$6,829,300
Inc.,
Co.
Bros. & Hutzlcr,
Lynch,
Dec.
employees' retirement plan, totaling $628,782 were paid during the year.
Current assets at year-end were $38,318,546, including $21,067,733 of
cash
(jointly),
and
Peabody &- Co. and
Pierce, Fenner
Merrill
Co.,
Co.
&
V1'
at
and full prior
sold
,were:
Y.,
tered
•
the, same, with $25,960,330,
1947. Property and equip¬
the close of
increased $5,193,437,
Co.
102.14.
N.
1947.
31,
at
Trust
of
'
'
.
$17,084,100
remained approximately
$26,172,497
investment
Trust
issue of $6,000,000 first mortgage
bid
:A
.
'
$1,115,213
against $15,968,887 at Dec.
compared
York,
series
The
NOTES—Average sales per store in 1948 reached $655,069, compared
with
publicly Feb.- 17
a
The
set
in the amount provided
policies and while dividends
few instances they will be the same or
formerly
and
Petrolem
General
4'/a %,
$1.55
issued
on
maintained.
been
National Bank of the City of New
427,516
share
com.
per
equipment-trust
awarded
$45,700,000,
Bonds—
1,681,750
427,516
3,844,013
427,516
3,844,004
dividends paid
dividends
Earnings
serial
was
been
is
have
3,401,615
9,581,331
4,324,515
earnings
and
issue
in
policyholders
which would
increase
for
Vice-President.
Assistant
research
Definitive
13,670,225
Monongahela Power Co.—Bonds Offered—Equitable
Securities Corp. headed a banking group which offered
The
had
the
of
uniform
not
Sw.inl'ord,
an
of
New
$
contingencies
Common
was
'
a new
1945
and
corporation
the
which
for
1947
15,899,331
for
is included
Mohawk Carpet Mills; Inc.—To Perpetuate Charter—
;;
B.
office
95,905,410
taxes
become
will
merger
Minneapolis-Moline
date
scale
effect
is
to
amount
New Assistant Vice-President—
Ronald
Net profit before income
"
the
dividend
the
the
Acquires Title to New General Petroleum Building—
Years—
"Includes
The plan provides for merging the company into its wholly owned
subsidiary, the Minneapolis-Moline Co., a Minnesota corporation.
v
Following the stockholders' meeting, the company announced the
agreement of merger dated Jan.
1948
that
dividends
1,000,000
500,000
Incorporated
137,564,415 119,358,580 110,327,508
Preferred
stockholders
the
appointed
and
Co.
than
generally will be higher,
1,000,000
1,000,000
$
Calendar
Fed.
below.
Implement
Power
dividends
1949
higher
out
1949
See
Prov.
Power
l'or
702.
p.
if
pointed
1,000,000
_
Co
169,
aside
;
,
for
provision
$5,500,000
$1,500,000
Co
&
The
or
lower.
follows:
as
are
whole.
(G. C.) Murphy Co.—Earnings Show Substantial Gain
was
(Minn.)—Consolidation With
Co.
the
and
Corp
Co
Hill
principal underwriters
respective principal amounts
Loeb, Rhoades & Co
Pressprich
Shields
Net
The
series
1979
Securities
Sales
Minneapolis-Moline
Minneapolis-Moline
of
improvement, it said, influenced, "in %, modest but
degree," the return on the company's investments as
This
1946.
encouraging
a
abroad
subsidiaries,
foreign
bonds
Monday, February 21, 1949
in
*
several
the
of
names
severally to be purchased by each
,
Parent—
See
UNDERWRITERS—The
of
ing,
viously made by the Honeywell company, Mr. Sweatt said.
The new
acquisition will enable Honeywell to supply its own control valves
for application in connection with industrial controlling
instruments
the
CHRONICLE
Tyler, Upshur, Webster1 Wetzel, Wirt and Wood Counties in
that state.
The company is also engaged to a- lesser extent' in the
production; purchase, distribution and sale of natural gas in parts of
Harrison, Marion and Monongalia Counties.
" /
1
> ?
;
The company has four subsidiaries, all of the outstanding securities
of which are owned by the company, except $13,000 principal amount
of long-term debt of one subsidiary..
Minneapolis-
/
Belfield
company,: located in a flve"story Philadelphia build¬
manufactures certain types of automatic control valves not pre¬
Of
FINANCIAL
&
Tucker,
Minneapolis-Honeywell Regulator Co.—Acquisition—
>
COMMERCIAL
-
will
be
receive
filed
a
commitment fee of
$102,000.
stock
and
The subscription price is to
by amendment but will not be above
the closing
market price
Volume
the day
on
Stock
•'
maintains
pending
statement
shares.
With
They
'-/"fy.."
;v
International
Detroia
above.
Corp.
the
of
addition
In
■■■
Sales
and
Cost
other
sales
of
Provision
The
..
10%
American
ican
%%
.
additional interest
Airlines
Overseas.
In
the
asks
1947
194B
for
be
$25,623,579
4,831,673
income
Backlog
figure
months
first
of
unfilled
and
shipments
quarter,
funds
"in
cellation
the
line
of
The
company
such
1948, was $362,042,103.
This
received during the three
31,
orders,
approximately
including
quarterly
that
the
as
out
if
may
any,
be
output
this
of
kwh.
A.
—V.
(Minn.)—Weekly Output—
in
by
in
Quarters Ended Dec, 31-
Amer¬
1944
Salcs
and
than
less
four
Civil
Aeronautics
made
were
to
by
motions
traffic,
for
The
Air,
full
a
169,
381.
p.
also
that
stockholders
to
sale
the
exceed
filed
Bids
with
Co.,
public
also
opposed
V.
for
company
100,000
Jan. 27 filed
on
shares
($1
par)
letter
a
notification
of
with
the
Period End. Dec. 31—
Operating
1948—Month—1947
The
1948—12 Mos.—1947
revenues----
$8,339,282
$7,400,766
$95,752,995
Uncollectible oper. rev—
19,507
24,804
225.824
1949.
Net
Net
—V.
809,413
11,418,560
SEC
$697,300
$405,785
$10,311,237
Pennsylvania RR;
deemed
a
it
8,883,585
336,968
Ohio Public Service Co.—Plans Sale of Stock & Bonds
The sale of additional common shares and
of
substantial
a
Service
Feb.
Co.,
of
been
Ohio's
outstanding
proposed
in
owned
common
application
an
by
with
filed
and
*
Cities
the
the
now
of
Ohio
its
The
stock,
for
the
together with
would
be
shares
2,638,160
SEC
outstanding common
of
sell 638,160 shares
to
issuance
construction
Both the
of
proposes
the
proposes
proceeds
and
all
owns
Ohio, and
and
sale
of
of the
361,840
shares
retire
to
$3,000,000
promissory
of
The
would be offered
for sale
at
competitive
proceeds
of
its
sale
stock
Ohio
of
1958
excess of previous debenture retirements over
theretofore realized from the sale of assets).—V.
U>7, p.
Oklahoma Natural Gas Co.
vately—The
(with
the
944,
The
v
Life
Insurance
and
John
Co.
$2,000,000,
Hancock
Massachusetts
financing
Mutual
Mutual
be used
construction and
new
The
Commercial
to
Northwestern
Life
Life
will
bought $2,500,000
to
provide
funds
Bank
&
appointed trustee for the issue.—V.
with
Co.
of
has called for redemption on April 1,
the sinking
fund, $539,000 of refunding
company
operation
of
bonds,
series
will
made
be
the
A,
due
the
at
Oct.
1,
1960,
101%
at
company's office,
120
been
item
should
appearing in the "Chronicle" of Feb.
3%
mortgage
electric
output
amounted
have
V.
169,
appeared' under
"Pacific
Telephone
&
703.
p.
Pacific Telephone
& Telegraph Co.
Period End. Dec. 31—
increase
to
of
York, N, Y.
of
this
of
company
kwh.,
169,
for
$
$
$
26,799,282
343,475.578
250,981,813
129,158
1,444,276
1,076,211
Net
169,
22,253,298
273,651,579
34,400,219
1948—3 Mos.—1947
33,979.504
issue
June
be
1,263,099
1,862,215
25,860,685
The
30, at $100 8 share.
offered
preferred
.The
and
Commission
shares
common
in
the
shares
proceeds
ratio
held,
of
on
offered
stock;
share
one
date
a
be
to
new
to
authorized
has
repay
similar
a
000.000
reported
each
be fixed
would
American
Overseas has
pay
American
by
for the
the
group
Civil
of
five
common
of
group
interest
now
A.
held
O.
by
of
with
company
to
pay
net
Plymouth
to
Oil
169,
including
Co.,
5,371,306
barrels
Total
The company
profit
Federal
5,048,563
(& Subs.)
the
taxes
dividends
of
On
by
829
assets
time
indebted¬
no
having been repaid.
ENDED
NOV.
7-■
30
■
*
1946
1945
$5,438,747
$3,869,1'60
216,100
2,963,802
$1,070,516
r:
566,292
485,070
$656,354
$622,321
$420,287
21,655
9,692
17,554
17,629.
$632,012
$673,909
$437,916
435,000
251,650
291,319
292,637
$380,363
$382,589
$145,279
share-
$2.14
$1.07
on
present
capitalization
$1.24
COMPARATIVE
$1.24
$0.62
of
205,000
205,000 shares of class A stock,
glncludes depreciation of $20,576.
of
SHEET,
NOV.
$0.23
stock
common
(Includes depreciation
BALANCE
$0.47
-
$0.62
shares
of
$16,298
30
1948
banks
♦Accounts
current
$657,171
per
in
and
$1,344,444, an
$979,243 at the
1947
com.
and
!_
1947
$599,369
$278,301
902,829
hand
on
576,663
receivable
Inventories,
Cash
per
of
of
has at this
year
cl. A share-
Cash
cents
17'A
to $2,527,767
figure
at
lower
surrender
(•Machinery,
of
value
cost
of
equipment,
insurance
market
1,025,569
insurance
130,575
or
life
fixtures,
etc
premiums,
112,631
etc._
866,975
110,420
95,813
»'-•
29426
27,819
$2,800,099
Accounts
payable,
$1,955,991
$445,728
$269,971
Dividends
payable
On
class
A
for
A
commiss.,
bonus, etc.
security taxes
social
Federal
common
Reserve
trade
wages,
and
income
Dec,
20,
203.894
45,443
449,871
tax
294,322
1948—
stock
25,625
stock
;
12.313
contingencies
100,000
____!
(par value of 40c)
stock
82.000
(par value of 20 cents)
inception
of
82.000
41.000
41.000
545,809
^
^
—
at
132,955
45.392
242,388
company
847.907
847,907
$2,800,099
$1,955,991
$3,619,508
45,000
$5,945,000
$3,619,508
325,000
324,945
2,000,000
1,200,000
$3,620,000
1,357,936
$10.66
$6.17
of
$81,000 in 1948 and
depreciation
and
amortization
reserves
reserve
for
$45,358
in
$2,094,563
1,357,936
taxes
yean
Co.
&
held
$7,263,133
income
on
surplus
(Surplus paid in
1947
'1948
assets.
previous
Rothschild
was
YEARS
profit
♦Earns. per
Earned
Earnings—
$5,900,000
of capital
that
$1,092,171
Common stock
10.
p.
com¬
amount
$6,640,812
%
Net
Lake
Big
against
year
the
§7,397,733
income
On
subsidiary,
its
last
the
provide
twice
in
L,
current
f •" ;
_
for
;
-
share
per
of
the
339,484 shares—
on
results
partly estimated and
are
pany.—V.
1947.
(Representing
earned
$54,000
of
in
1947.
$61,677
surplus
of
in
(After
and
1948
predecessor
com¬
167, p. 1698.
subject to adjustment.
are
group
a
would
use
for
six
Boeing
by
to
to
Pan
submit
American
Overseas
delay
proceedings
American
a
bid
Airlines.
Airlines
of
Airways
their
of
banks
$10,000,000
successive
increase
an
of
it
in
has
The
the
and
to
for
proposed
give
the
stock
the
first,
the
of
Dec.
end
of
increasing
9.2%
and, second,
unprecedented
to
increase
high
in
the
low
the
to
1931,
to
Albert
M.
policy
new
Linton,
climbed
to
place
ments.
point
one
and
$1,312,476,000
previous.
beneficiaries
in
force
economic
peak
a
in
added.
now
utility
the
of
highest
compared
during
the
with
stood
reserve
Amounts
in
of
in
the
conditions,
force
1934.
figuree
\
\
in
Provident
$1,030,000,000
the
year.
Since
of
then
there
$1,312,000,000,
p.
11.
capital stock of this company
was
the
New
the
no
par
capital stock
year
new
old
same
no
in
Mutual
1931
has
a
of
Government
32.7%
investments
of
the
company's
Each
for
bond
the
holdings
company's
increased
decreased
total
to
invest¬
at
removed
admitted
to
unlisted
opening on Feb." 11.
unlisted trading at: the
from
»•
share
into
in
the
four
for
certificates
stock
.
the
of
without
company
nominal
shares
representing
to
should
the
Winnipeg,
Man.
the
of
Canada.
:
or
.should
shares
in
par
has
the
been
value.
therefore
capital
be
■
sub¬
Existing
exchanged
stock
of
the
subsdivided.
as
Shareholders
cities
capital
shares
outstanding
certificates
new
company
steady
investments
Exchange
was
time.-
certificates
from
the
Curb
.
rose
above
York
New Certificates Ready—
reflected,
been
27.5%
par
See
immediately
Canada
or
Trust
surrender
Co..
in
the
also
Vancouver, B. C. or to Montreal Trust Co. in
N.
S., Montreal,. P. Q. or Calgary, Alberta,
V.
169,
p.
607.
.
On
Feb.
,
: —j'
~v
"..v..'
C.)
their .existing ' share
cities of Toronto, Ont.,
Halifax,
,-i
(F.
distribution
represent
exchange for the old, no par capital stock on the basis
capital shares in exchange for each old
capital share,
on
or
country tends to
Mr.
Linton
said.
,
169,
new
trading
at
paid
during
the
period
by
$43,199,000 to $135,795,000 and now
represent
23.2%
of the
com¬
pany's total investments.
Industrial
bonds
increased
$28,575,000 to
11% of the total..- Mortgages, other than farms, increased $3,195,000.
V.
in
four
the
The
and
contingency
year
of
appreciation of life insurance by the public gen¬
inflationary effect of World War I, he said.
depression of the 1930s resulted in a decline of
change in
during the
Public
and
a
Issued
the
striking
$191,159,000,
machines, announced
Royalite Oil Co., Ltd.—New Stock Listed—
$594,-
to
rose
divided
insurance
present
he
and
general
to
totaled
1947
insurance
of
1908
erally
The
of
growth
in
31
$30,955,000
life
trend
rapid
$201,000,000
A
the
the
against
growth
follow
to
petitioned
at
credited
to
policy owners
slightly to $31,774,000.
The
per
Provident
for
year-end
according
insurance
of
record
on
force
at
Corp.—Note Placed Privately—The
corporation,
$1,250,000 4% promis¬
note, due Feb. 1, 1959. Hayden, Stone & Co. acted as
agent for the company.—V. 166, p. 2108.
1948 exceeded $100,000,000
at
business, the 84th annual report stated.
$33,294,000
for
to
$25,265,000,
amount
highest
assets
and
year,
of
Average
the
the
in
Stratocruisers
on
own
Rowe
manufacturer of automatic vending
Feb. 18 the private placement of a
sory
insurance by this company in
new
third
$7,242,
7
American
Board
.Expenses
Reserve
of
cents
$8,468,249
Oil
net
I2V2
of
which
company
comparable
STATEMENT,
(
salaries,
operations
President.
order.
on
A.
share
the
amounted
1948,
the
year.
______
general
1948
873,000,
and/or
Delay Acquisition of AOA by Company
time
sales
Accrued
a
quarterly
and
share,
of
LIABILITIES—
168, p. 2229,
took
Aeronautics
acquisition
employees'
30,
leaving
over
Cost of goods sold
$4.01
$1,264,319,000
has
employees
Net
$6.38
Republic
four
per-
provisions
receive
Maurice
of
regular quarterly
Nov.
previous
$1.61
from sales
Sale
the directors.
$40,000,000 in bank credit, most
20 Stratocruisers the air line has on order,
CAB Asked to
A
The
through,
goes
now
to
per
by
stock
banks, borrowings during the
$1.79
share
Federal income
for
coming due this year.
The remaining $10,in event- the proposed acquisition of American
used,
to
Accrued
for
to
before
amount
bo
Airlines
Pan
negotiating
credit.
Overseas
the
amended,
as
cents
held
is
the
INCOME
company
stockholders,
Pan American Airways Corp.—Seeks $20,000,000 Credit
additional
cents
dividend
Total
Provident Mutual Life Insurance Co.—Assets Rise—
previously announced, will
as
for
to
the
3Va%
debentures
due Oct.
1,
1987,
are
now
available at the Bankers Trust Co., 16 Wall Street, New
York, N. Y.,
in
exchange for outstanding temporary debentures.—V. 169, p. 703.
$20,000,000
the
of
ness
at
1,047,486
1947.—V.
from
♦The
40-year
is
end
1948—12 Mos.—1947
depletion and depreciation—
—V.
will be used to repay temporary loans from banks
the treasury for expenditures made in expansion.
company
with
entitled
is
33%
$1,183,323,
$4,197,420
Net profit
Definitive Debentures Ready—
The
with
$365,201
1,032,948
Insurance
Definitive
assets
to
of
$6,594,656
Dividends declared
reimburse
to
Current
increase
♦After
10,345,220
828,920
70
stock
and
8%
cents
per
share of class A stock
TV'
• ••'.
1,047,486
for
14,155,364
U.
accordance
stock
common
1949,
$1,692,318
Profit from all sources before following deduct.
21,877,255
2,162,299
P.
paid
company
extra
common
1,032,948
Provision
213.872,983
2,254,527
2,028,544
California
15.
of
liabilities
'
Issuance of Stock Authorized—
..*■■■ The
Jan.
paid.
were
704.
p.
as
was
26,670,124 342,031.302 249.905,602
2,421.548
charges——
after
On
share
'
income-
oper.
the
aggregating
year-end
a
incorporation,
stock
A
the
$1,850,601
amounted
in
Earnings
Net
class
Unexpired
Calendar Years—
Profit
25,795,442
Operating expenses---Operating taxes
In
of
common
1949,
Common
Profit
30.245,534
revenues
.
stock,
and
week ended Feb. 12,
kwh., or 0.1%, below
earnings
Dec.
compared
the
3,
♦Based
the
189,000
Provision
Operating
703,
704.
p.
Pond Creek Pocahontas Co.
1948—12 Mos.—1947
'
169, p.
1948
appropriation
share of class A stock, dividends paid or declared during
fiscal year on the class A stock amounted to 41'A cents.per
as
of
of
taxes--
per
Co.,
barrels
Telegraph Co."
:,\V. :
;
just ended,
Profit from operations
Other income
(net)-.
connection
in
possible
directors
t
declared
share.
per
outstanding
shs.
Production
118,357
rev-
dividends
accrued
the
1948
30,
for
the
stockholders, located in 26 states.
company
equipment.—V.
new
152,759,000
3.7%.—V.
profit after
Oil
30,363,891
revenues,
Salomon Bros. &
Lehman Brothers
NOTE—Figures above do not include earnings of the
Refining Co. which is 50%
owned.
This company had
in 1948 of $3,481,830 against $2,004,255 for 1947.
$
Operating
Uncollectible oper.
certificates
Plymouth Oil Co.- -Earnings Show Gain—
Payment
Earnings—"
1948—Month—1947
interest
net
a
the
for
output
Earnings
under this heading
14
the
and sold at 99.802 and
No.
through
Pacific Gas & Electric Co.—Correction—
The
99.76,
Inc., 99.7233;
Co., Inc. and
&
authorized
28
Period End. Dec. 31—
1949,
Broadway, New
sale
of the operating companies served by this corpora¬
tion for the Week onded; Feb. 12, T949, totaled 259,905,000 kwh. ns
compared with 250,535,000 kwh. for the corresponding week last; year,
Partial
interest.
and
Ripley
procurement of certain
Electric
for
167, p. 852.
See
Jan,
on
Net
The
—V.
has
—
of
the
production in the corresponding week of last year.—V.
an
Oregon-Washing ton RR, & Navigation Co.
Redemption—
Co.
&
bid
of
similar
No
-
Nov.
provide
ASSETS—
380.
p.
Stuart
Harriman
$100,000
contingencies.
year
To
contingencies,
each
on
Jan.
history.
appropriate
ended
year
operating
year.
common
certificate
1948
All
other
1948
a
at
on
Pioneer Service & Engineering Co.—Weekly Output—
the
construction.
York
New
the
and
of
incurred
loans
under
Philadelphia Electric Co.—Weekly Output—
Co.
each,
Proceeds
additional
for
Mutual
Insurance
$1,250,000
bank
of
Trust
169,
Co.
$500,000.
$6,500,000
repay
National
Co.
Life
Mutual
Insurance
Insurance
the issue,
of
16
received
the
1978.—
declared
or
share
the
99.0583.
trustee,
as
The
Co.
Dec.
for
V
fiscal
♦Earns,
Co.,
14.
Insurance
99.7093;
ICC
1949
Life
67'/2c
pany's
to assume obligation
and liability, as guarantor,
in respect of not exceeding $7,965,000 of
equipment trust certificates, series V, to be issued by the Girard Trust
debentures, due Jan. 1, 1969, from a group of lifq insur¬
ance
companies, Joseph Bowes, President of the company
announced Feb.
to
Series V Equipment Trust Certificates Authorized—
funds
has borrowed $7,500,000 of 314%
company
instalment
first
of Bankers Trust
(EST) on Feb. 23,
bonds,
series
C
due
p.m.
20, 1948, bringing total dividends on common
during the fiscal year to 82Va cents per share.
the previous year, dividends paid on common stock amounted
During
and
the
Debentures Placed Pri¬
—
the
pur¬
Report—Max E. Weinstock,
the
in
$24,993,750.
bids
Other
Halsey,
were:
,i (jointly),
funds,
net
constitute
awarded
was
2.534%.
2VaS
as
towards
general
being the
York
issue
Hutzler,
the
apply
redemption of its outstanding 5% gold debentures due
exception of $816,759.15, which will be added to its
New
certificates
of
cost
stock and the bonds
would
14
2123.
p.
to
1948
payable
paid
share
notes
purposes.
bidding.
Cities
June
stock
25,
—
to cost not less than
$10,000,000 of 30-year first mortgage bonds.
used
Feb.
the series W trust authorized in the amount of $19,995,000
to finance 80% of the cost of new equipment estimated
stock.
additional
an
13,
168,
2
mortgage
company's
and
for
fiscal
its
on
share,
per
share
per
record
$10,005,000 21/2% equipment trust certificates
series W, maturing in 15 annual instalments of $667,000
each from Nov. 1,1949, to and including Nov. 1,1963. As¬
sociated in the offering are: Kidder, Peabody & Co.; Dick
& Merle-Smith and Lee Higginson Corp. The certificates
were priced to
yield from 1.25% for those maturing Nov.
1, 1949 to 2.70% for those maturing Nov. 1, 1963.
The
Cities
cents
of
to
up
first
the
in
previous
November,
paid
11.
stock
of
block
has
bonds by the company
40
York,
earnings
reserve
the
in
the public
380.
p.
of
holders
in
and
advisable
general
Equipment Trust Offered-—The
First Boston Corp. and associates on Feb. 17 offered to
$6,827,650
6,107,520
518,426
to
14
stock
a
382.
p.
Feb. 8, said in part:
on
highest
During
dividend
a
169,
by the company .at the -office
New
inventories
on
made
.
March
received
$7,500,000
sales
losses
stock, to be sold at market.
Proceeds will be used for working
declared
15
payable
adoption of
11.
p.
the
were
each
8,715,064
charges—i
169,
$7,375,962 $95,527,171 $79,839,211
6,160,764
73,797,374
64,296,497
848,340
income-
oper.
after
$8,319,775
6,774,135
stock,
share.—V.
per
Rothmoor Corp.—Annual
common
Payments in 1948 were as follows: March
14, 40 cents each; and Dec. 14, 70 cents.—V.
Sept,
Operating revenuesOperating expenses
Operating
taxes
Feb.
on
common
$21
St.,
President,
Ford, Ltd., Inc.—40-Cent Dividend—
directors
the
on
$80,014,351
175,140
be
of
dividends
Penick &
Northwestern Bell Telephone Co.—Earnings—
at
Wall
169,
the
case.
Cleveland, O.—Files With SEC
Underwriter, Otis & Co., Cleveland.
capital.—V. 169,
113.
consider
a
that
asserting
to intervene in the
will
16
purchase
competitor in
into
the
North
brief
line,
will
4
Rockland Light & Power Co.—Bids for Bonds—
a
inquiry
stock
common
proposals,
CAB's
March
on
providing that certain specified officers and employees of
and/or one or more of its subsidiaries may purchase not
in
the aggregate 43,500 shares -of authorized and unissued
plan,
company
the
'
"
-
)
The
Overseas
asked
briefs
by
Inc.,
American
Pan
in
offered
Western
&
calling
pattern.
American
Pan
previously
Transcontinental
A.
O. A.
employees to buy their
workers were not legally qualified
A.
Board
American
of
Company
handling of the
113.
p.
Reynolds Metals Co.—To Adopt Stock Purchase Plan—
the
acquisition
1947
$52,448,325
v'':
months,
chase
$18,845,000."
expeditious
for
169,
f
*
1948
$47,955,739
____—
—V.
proceedings, the petition
not
Drug, Inc.- -Quarterly Sales Show Decline—
Rexall
when
1946
offered
made
was
1948.
answer
route
by
O.
The
for the week ended Feb. 12, 1949,
with 62,931,000 kwh. for the cor¬
increas of 5.1%—V. 169, p. 703.
an
of
summer
shares
-Both
compared
responding week last year,
Proceeds will be used to reimburse company's treasury, in
part, for
past outlays lor construction and additions to facilities.—V, 169, p. 607.
-
company
as
L. Canady & Co., Inc., New York has sold at pa^
$135,000 5% general mortgage bonds due Dec. 1, 1951
(with common stock purchase warrant attached entitling
the holder of each $1,000 bond to purchase 10 shares of
common stock at $20 per share).
their own plan of acquisition.
the
proposed
Pathe Industries, Inc.,
Northern States Power Co.
66,156,000
plan
,
,
Electric
subject
result of
and to year end
possible price revision and renegotiation proceedings,
audit adjustments,—V. 169, p, 702,
"
totaled
are
as
late
the
time,"
told
least
13,
trans-Atlantic
a
figures
necessary
its
agency
and
Atlantic
pointed
dismiss
of
draw up
15
for
statements
CAB
counsel
orders.
adjustments,
Public Service Co. of North Carolina, Inc.—Bonds Sold
;
v
not
can
"at
be
Dec.
on
These
the
involving can¬
$75,000,000 of
message"
the
participation
1945.
will
Feb.
on
price
would
government
$25,616,860.
After the close of the
reallocation of procurement
budget
company
drafted
announced
President's
in
additional
51%
period
petitioners
so
purchase
Airlines
business
new
Force
the
certain
American
Dec.
on
of
totaling
Air
with
North
to
orders
$7,351,885
the
$39,011
$1,222,979
reflects
%
II
—W.
M. Landis, former
•'< i.\> ' - •
v
'
'
Air Deal Cost Put at $18,845,000—
794,000
The
Net
CAB in
the board
"reasonable
a
to
original
the
event
allowed'
$4,870,684
23,606,600
incomc____
Board.
came
subscribed
The
,
Aviation, Inc.—Earnings—
and
other expenses----;
Federalincome taxes
for
Aeronautics
James
to
approved by
North American
Civil
by
counsel,
(807)
board.
'
3 Months Ended Dec. 31—
legal
as
asking leave to intervene, the petitioners ask that the
proceedings be dismissed as premature on the ground that A. O. A.
stockholders
should
be
permitted
to
vote
before
the
CAB
passes
upon the acquisition.
./X;
■% ■'
The
petition also urges that the CAB pass upon the acquisition
by American Airlines of approximately a 10%
interest in A. O. A.
acquired in addition to the original 51%
interest approved by the
Newport Steel Corp.—Proposed New Name—
See
represented,
are
Chairman
the'proceeds,
2327.
p.
petition states that the group consists of more than 200 A. O. A.
who are anxious to preserve the identity of the company.
w
now
it proposes to acquire additional
shares of the capital stock of San Manuel Copper Corp., 94.5%
of
whose 090,000 outstanding shares are owned by Magma, to provide it
with funds for further development of its properties.
Interested persons were given until Feb. 14 to request a hearing. The
Magma registration statement was filed on Jan. 25,
1949.—V, 168,
204,000
FINANCIAL. CHRONICLE
&
employees
•:
has a
covering the
Arizona,
Commission
the
before
'
;
.
in Superior.
office
its
COMMERCIAL
The
The stock is listed on the New York
preceding the offering.
Exchange-.
which
Magma,
registration
THE
Number 4779
169
">
Russell
Co.—Secondary Offering—McDonald
& Co. and Saunders, Stiver & Co.,
Cleveland, on Jan. '27
offered 6,000 shares of common stock
(par $1) at $14.25
per share.
Proceeds go to selling stockholder;
shares
of
3
McDonald
&
Co.
sold
stock
at
$14.25.
ing stockholder.—V. 169,
p.
607.
common
<an
additional 1,000
Proceeds go to sell¬
THE
(808)
12
J.
of
producers
Export
has
Gold
been
turn
in
of the Dubonnet Corp.,
Treasurer
aperitif, which is 50%; owned by Schenley
a wholly-owned subsidiary of Schenley indus¬
Dubonnet
Corp.,
elected
Electric,
totaled
responding week
In
11143,
Gold
Mr.
Chief
named
was
ended Feb. 12, 1949,
compared with 2,580,000 kwh, for the cor¬
an increase of 18.3%.—V. 169, p. 704.
the
for
The stockholders on
week
the
served
affiliate
an
of
Dividend—
the
In
pany's
SEC—
Seaboard Finance Co., Los Angeles—Files With
The
company
and
Feb.
on
shares of
10,000
filed
4
general
corporate
the SEC
at $16 per
capital
letter of notification with
a
stock
common
to be offered
(par Si),
Proceeds will be used for working
without underwriting.
share
Y'-
purposes.-
Y%'r
%■/•
'
'■
-" \
•
Feb.
income
the
for
fiscal
1949
ended
first quarter
1948,
31,
Dec.
A. Thompson,
for dividend
payments on convertible preferred stock to 51 cents a share on the
878,554 common shares now outstanding.
Net income for the cor¬
responding months of the 1948 fiscal year totaled $425,257, equal,
after providing for dividend payments on preferred stock, to 45 cents
a
share on the 807,714 common shares then outstanding.
Owing
relatively
to
high
operating
the
of
time
that
at
expenses
and to a slowing up in the rate of collections during the Christ¬
season,
the
quarter
ended
Dec.
31 historically
is Seaboard's
year
inas
the
standpoint of earnings.
Because of the
current
outstanding receivables, the profits outlook for
the second quarter of the 1949 fiscal year is promising, Mr. Thomp¬
poorest
first
shares
declared
15
of
of
%Y:;i
Gross receivables outstanding on Dec. 31, 1948, amounted to $49,032,253, compared with $39,602,804 a year ago.
Of the total outstanding
Dec.
31, last, 67.31%
were in
personal loans and 32.69%
in sales
the
on
April
preferred stock, payable
1949.—V. 169, p. 538.
4.80%
15,
Operating
$4,476,624
revenues
Uncollectible
oper.
their
holdings
Dec.
31,
shares
7,524
into
There are
1948.
against 98,567
of
a year
Net
after
Net
—V.
4,886,398
2.942,007
$489,605
$6,416,436
$3,136,852
street
cars
in
432,921
5,351,142
2,255,501
which
runs
buses
income
Gross
1,362,142
Provision
for
161,078
290,000
213,000
taxes
$905,097
575,960
63,820
110,094
$1,691,901
935,362
156,761
237,484
$1,934,020
1,134,685
242,378
—$2,401,130
Operating expenses
Interest paid
$362,294
$425,257
$506,619
$155,222
1,676
income
suit
file
Y.—V.
168,
oper.
Co.—Earnings—
Telephone
$
$
Y
1
before
non¬
226,752,579 188,765,897
15,048.680 185,048.220 152,748,049
18,040,631
1,396,352
1,580,578
$1,219,271
$18,653,242
443,836
1,023,850
20,440.305
23,051,117
$924,696
items
recurring
$506,619
$153,73.1
$360,618
$425,257
Net gain realized on saie
Canadian
of
The
charges
The
for
$15,577,543
13,587,286
12,789,654
705.
have
date
stockholders
for
disc.
$153,731
$1,074,449
$425,257
$506,619
portion of deb.
&
The
162,351
expense
and
♦Earns,
per
1947,
Dec.
31,
$0.45
$0.42
$0.21
0.51
shares
878,554
on
repay
0.45
1.12
0.21
shares
781,348
Dec.
on
1948,
31,
Dec.
on
31,
shares on Dec.
592,908 shares on
807,714
and
1946
47,851,654
38,737,81 J
113,341
Co.
ance
receivable
notes
stock of 3alboa
cap.
1946
$4,240,533
106,663
stk. acquired for resale,
com.
$5*380.680
28,82.9,790
508,644
171,288
^
—__—
Deferred
—
424,673
359,561
576,922
585,644
801,507
635,073
239,479
$44,903,513
$35,953,227
(net)
609,686
526,439
charges
Total
..
LIABILITIES—
the
date
payable, unsecured
payable and accrued—
payable
Taxes
Dividends
1
...
___
$33,445,000 $25,250,000 $21,842,500
1,503,213
1,099,316
749,713
454,501
346,709
200,976
Other current liabilities.
4%
subord.
529,454
Cumulative
398,774
558,858
5,750,000
notes, due Dec. 15, 1951
income
Unearned
5,750,000
1,074,256
4,250.000
1,693,843
preferred
494,940
stock:
Series A (no par),
stated value $23
Series B (no par),
stated val. $19.25
$2.60
preferred
conv.
stated
to
two
the
($1
4.523,800
par)—.
4,928.350
888.554
807,714
781,348
Capital
surplus
4,411,639
3,766,026
3,443,123
Earned
surplus
1,888,368
1,482,368
1,086,087
■___
Total
♦In
$55,088,372
stock
capital
dates
at
of
cost).—V.
subsidiaries
of
acquisition
(unamortized
$44,903,513
equity
over
net
in
$35,953,227
tlO.OOO
portion).
thereof
assets
shares
(at
Y vYYYYY Y'' A "Y
169, p. 386.
Sherneth Corp.—Interest Payment—
directors
The
interest
have
the
on
approved
income
bonds
on
March
1,
of
payment
record
Feb.
holders
of
1949
21/2%
of
19.—V.
168,
889.
p.
South Carolina Electric & Gas Co.—Bonds Placed Pri¬
vately—The
Jan.
28
sold
$3,000,000 3%%
mortgage bonds, due Nov. 1, 1978, at 101 plus ac¬
crued interest from Nov. 1, 1948 to eight institutional
company
on
first
investors.
"
■
.'
;
^
Proceeds
from
will
be
used
to
cash
and
earnings
special
shares
1949,
would
reimburse
.: -...
company
finance
to
of
its
for
expenditures
construction
stock
instead
of
March
9,
by
made
program.
1,000,000
heretofore
Operating
the
be
announced.
Uncollectible
Operating
oper.
19,633,144
number
authorized
held
on
See V.
March
169,
p.
12,
Operating
—V.
oper.
169,
p.
—
72,408
%
790,256
585,661
19,551,118
16,369,067
214,251,670
172,682,965
13,908,138
172,464,631
148.513,265
1,424,865
22,865,212
',14,888,731
1,036,064
18.921,827
9,280,969
1,416,589
597,056
13,986,818
4,821,044
Southern Canada Power Co.,
lower.—V.
deprec.
and
divs.
$369,607
202,644
174,249
838,543
726,814
60,154
264,122
251,836
♦Deficit.—V.
$1,715,395
$1,502,422
169, p.
147,593
135,082
582,046
543,755
$6,514
Surplus
$122
$30,684
*$19,983
704.
,
The authorized capital
of which there
are
said
the
that
competitive
however,
added,
He
sales for
of
the volume
more
the
current
year
Y
-Y..- ,YY
'
.
-A.
plan
Secondary Offering—Blyth &
—
as
Offered—As men¬
Co.,
New York, on Jan. 27 offered 300,000 shares of common
stock (par 100) at $1 per share. Further details follow:
in
HISTORY
the purpose
3, Henry P. Rosenfeld
Feb.
will
associated
organized
in
production of a
considerably lower
the
includes
camera
at
program
television
a
normal television
the
camera
will
have
many
commercial, military and
applications.
Some authorities have indicated that these
provide
a
greater
market
for
television cameras
and
equipment than the rapidly expanding television broad¬
heretofore
those
use,
Jersey City, N. J.
November,
television cameras and trans¬
was
manufacturing
of
present
improved
and
than
casting
of
BUSINESS—Corporation
&
equipment.
corporation's
simplified
cost
issue
our
agent, Registrar & Transfer Co.,
Transfer
for
available.
to
addition
In
market.
OFFICERS
Finegan
(President); Leon¬
William Brown
(Secretary); John R.
R.
Rich
(Assistant Treasurer),
238
DIRECTORS—John
(Vice-President);
Willard
(Treasurer),
St.,
New
York, N.
B.
Milliken
the
OF PROCEEDS—There
securities
offered.
The
is
capital
no
firm
proceeds
be
spent
in
received,
$16,000;
working
The
Feb.
on
shares
J.—Files With
11
of
filed
letter of
a
stock
common
Tellier
notification
with
SEC
the
(par
lc), to be offered at 25c
New York.
Proceeds will be
Co.,
&
Ends
Board
—
Texas Co.
subsid ary,
a
reveals
also
took
agreement
that
Jan.
on
Pipe Line Co.,
the Texas
10
$3,240,000, being the twelfth borrowing under
banks dated Feb. 10, 1948, evidenced by
down
with
certain
notes, payable in instalments
inclusive.—V, 167, p. 1370.
1958,
from
Aug.
15,
to
1949,
15,
Feb.
Transcontinental
Western
&
Air, Inc.
Registration
—
Statement Effective—Stockholders' Rights Expire Mar. 7
The registration^ statement covering 404,112 shares ($5 par) common
stock, has become effective.
Common
right
expire
3
stock
of
March
16
being
are
share
common
the
offered
each
for
$10
at
warrants which will
connection
with
the offering,
7.
In
holder of 1,486,523 shares of TWA common, has
subscription warrants to purchase 297,304 shares
headed
group
agreed
stock
common
Feb.
subscription
of
investment.
for
has
record
additional
exercise
on
Co.,
exercise
underwriting
Beane
of
one
the
p.m.
Tool
to
the
Ar
&
to
through
at
Hughes
of
stockholders
subscribe
to
held
agreed
to
not
169,
purcnase
Merrill' Lynch,
by
through
Pierce,
remaining
the
of
any
purchased
Fenner
106,808 shares
exercise
the
subscription
of
705.
p.
Tucker Corp.—Distributors
The
ICC
on
Central
Jan.
27
the
and
by
Corp.
at
Ry.—Equipment Trust Certificates
authorized
par
plan
a
the
company
to
assume
obligation
and
accrued
dividends
in
connection with
procurement of certain new equipment.—V. 169, p. 608.
dealers
providing
Fred
Rockelman,
of
Urged to Oust Head—
distributors
and
the
for
establishment
ouster
10-man
a
Vice-President
Executive
to
16
Feb.
urged
were
of Preston Tucker. President,
management committee headed
director.
and
The
plea to the dealers and distributors followed the announce¬
by U. S. Attorney Otto Kerner, Feb.
15, that the February
grand jury would start Feb. 21 an investigation of "Preston Tucker
ment
and
the
Three
activities
subpoenas
certain
and
have
been
aspects
the
of
others
and
served
Tucker
are
Corporation."
being
prepared
for
service.
The
plan
pected
who
to
to
be
took
put
put
Rockelman in charge
before the Federal District
supervision
March
actions
against
but
officers and put
two
business.
the
of
until
stay
a
of
Mr.
limited
over
authorized
he
Judge
company
in January when
receivership and bankruptcy
suspended all salaries of ail
on
he
on
company is ex¬
Michael L. Igoe
the
3
Later
the plant
the
stand-by basis.—V. 169,
a
150.
p.
TungrSol Lamp Works, Inc.—Stock for Employees—
Beard
The
Feb.
15
of
Governors
approved
for
of
the
New
Union Trusteed Funds,
following
March
21
to
quarterly
stockholders
Curb
shares of
employees
Exchange
on
stock,
common
to
pursuant
em¬
an
2589.
p.
Inc.—Quarterly Dividends—
dividends
of
York
additional
listing 9,340
which are issuable to eligible
ployees' stock purchase plan.—V. 168,
$1.
have
been
March
record
10,
declared
1949:
for
payment
Union
On
Bond
Fund*
14 cents per share; on Union Bond Fund A, 19 cents per share;
Union Bond Fund C, 7 cents per share; on Union Preferred Stock
on
Fund,
31
cents
per
V.
168,
cents
p.
share; and on Union Common Stock
dividends
declared
three
months
per
directors
was
approved by
of
and
Co.
Gas
&
Electric
of
holders
Co.
on
of
August,
entered
was
Gas
shares
Corp.
April 30, 1949 as the
outstanding $3
preference
SEC in
of
share
common
Columbia
fractional
United
plan,
one
fixed
the
the
enforcing the plan
the
(Del.)—Preferred Retirement April 30—
have
retirement
cash,
12
see
ago,
•
United Corp.
The
Fund,
For
share.
2232.
the
Under
liability in
Finance
corporation's
back
169, p. 384.
respect of not exceeding $918,000 series F, 3% equip¬
ment-trust certificates, to be issued by the Continental Illinois National
Bank & Trust Co. of Chicago, as trustee, and sold to the Reconstruc¬
tion
and
of
Vacuum Oil Co. (10%).
the following
received,
as
Tennessee
the
the
record
up
The
notice
to
are guaranteed as to principal and interest
by the Texas Co., Standard Oil Co. of California, Stand¬
ard
Oil
Co.
(New Jersey)
(30% each) and Socony
in
The
entitled
to 1962 and
commitment for the purchase
will
and if less than the full amount is
will be expended in the order listed.
Exuemes of this issue,
additional
equipment
(tooling,
etc.), $50,000;
balance for
and
split
proposal to
outstanding.
a
Pipe Line Co.—Further Private Fi¬
The Texas Company reports that TransPipe Line Co. borrowed $15,000,000 on Jan. 13,
representing the fourth instalment covered by loan and
guaranty agreements with eight insurance companies,
dated July 18, 1947, providing a credit of not more than
$125,000,000. The 2.55% notes are payable in instalments
nancing
The
stock consists of 1,000.000
shares
(par 10c). of which 300.000 shares are outstanding and are
held
by:
John
B.
Milliken,
153,000
shares;
Irwin
Robert Wolfe,
7,500 shares; Leonard Mautner, 69.750 shares: William Brown, 69,750
shares
(except 60,000 shares out of 300,00 which are to be delivered
to escrow).
All shares are of the same class and have equal voting
rights. The stock has no preemptive rights.
manner
21,
share
each
stockholders
of
completed the first phase of its hearings
being held in Washington, D. C.
Rudolph M. Evans, Hearing
Officer, announced that the second session would begin in the Federal
Reserve Building in San Francisco on March 28 —V, 169, p. 608.
Y.
CAPITALIZATION—Authorized
of
per
15
par
AND
Mautner
William
for
Transamerica Corp.—Washington Phase of Case
a
Television Equipment Corp.—Stock
1948,
April
here
shares
Underwriter,
warrants.—V.
Offering—Blyth & Co., Inc.,
secondary distribution Feb. 15, 21,000 com¬
mon shares (par $5) at $23 per share, with a,dealer con¬
cession of $1.50 a share.—V. 168, p. 2053,
mission
$1
of
Inc.—Secondary
Talon,
tioned
dividend
recapitalization/
of
Sutherland Paper Co.
offered
interim
an
'
company
2 Vs %
■
(Calif.)—Recapitalization Planned—
proposed
a
SEC
Dividend—Plans Stock Split-
declared
16
held
be
The Federal Reserve
Feb.
an
169, p. 538.
capital, $174,000.—V.
65,766
maintenance-
$15,
satisfactory.
was
:
1949—4 Mos.—1948
$422,517
Taxes
Returned
Co., Inc., and Harris, Hall & Co. (Inc.) on Feb. 14 offered
as a secondary distribution 6,931 shares of common stock
(par $10) at $33% per share, with discount of $1 to NASD
members.—V. 168, p. 2231.
USE
Ltd.—Earnings—
1949—Month—1948
earnings
Oper. and
Int.,
$
383.
Period End. Jan. 31—
Gross
$
1,782,088
—
taxes
income..
Net after charges
1948—12 Mos.—1947
15,751,130
2,017,900
revenues
expenses
2439.
p.
shares.
President,
31
par
the
used to defray organizational expense, purchase of component parts
required for manufacture of projection receivers, working capital, etc.
five
538.
16,441,475 215,041,926 173,268,626
82,026
rev.-
Operating
Net
$
§......
revenues——
capital stock.
shares,
with
Trans-Arabian
retirement of 821,285
by returning it to the
the
treasury
notification
of
Arabian
the company plans to
issue six shares ox new $10 par value 5%
convertible preferred stock
and 25
shares of new $1 par value common stock in exchange for
each of the 20,970 outstanding shares of $3.60 cumulative preferred
stock of no par
value.
The present outstanding 410,243 shares of
no
par value common stock would be exchanged for a like.number
of $1 par shares on a share for share basis.
fields
will
1948—Month—1947
'■ !.f.
the
letter
a
1945
168,
,V
'*
approved
in
3,459,988
Jr.,
Jan.
:
studio
Southern Bell Telephone & Telegraph Co.—Earnings—
■:
held
5.000,000
Sunset Oil Co.
ard
Period End. Dec. 31—
at
Stevens,
educational
consider increasing
meeting to
common
;
The
be
$1,731,504
$1.19
industry as a. whole was returning to a
and that profit margins and earnings for
be
West¬
Vernon,
Mount
fund debentures, due Feb. 1, 1964.
Columbus, Ohio.
Proceeds will be used to
off bank loans and provide additional
Trad Television Corp., Asbury Park, N.
share.
institutional
3 'A % series,
Capital Stock—
stockholders
stock
outstanding
ended
position
the
and
in
lines
meeting is March 15, 1949.—V. 168, p. 988.
1,200,000
v
textile
the
The
Special Meeting Date Changed—
The
of
remained
quarter
•
-
status of authorized but unissued
585,681
par)
(no
the
16,
capital
and
Street
communities,
trolley
sinking
pay
SEC—
for
1946
<
requirements.—V.
.
filed
Co.,
determination
the
at
per
1,960.000
value $50
Common stock
three
Stevens & Co., Inc.—Treasury Shares
of
Co., operating
Transportation Co.,
1948,
stock
an
$1,702,221
$1.07
:
dividend
preferred
Feb.
On
Westchester
operating
Feb.
on
meeting
for
being
(& Subs.)—Earnings—
income
to Status of Unissued
shares
at once
necessary.
common
In
4.
common
1974.
$3.82
Under
Notes
is
three classes of securities will
construction.—V. 169, p. 603.
♦Earnings per com. sh._
John .P.
504,115
,
equipment
cost of investment
•Excess Of
with
issue
bonds,
1947
issued
$55,088,372
&
held,
to
$3,509,644
$2.28
stock
Insur¬
(wholly owned) not con¬
solidated
Property
debentures due in
$5,731,676
(J. P.)
.1947
1948
,
Instalment receivables (not)
in
sell
———
profit after
taxes
the corpora¬
plan
merger
stock, payable March 10 to holders of record
payments were made as follows: March 10 and
June 10, 75 cents each; Sept.
lo, $1; and Dec. 10, a year-end of $2.25.
The directors also determined to submit to the stockholders at their
Stock¬
11
The
mortgage
1948
31
$4,'741,605
:
,,
tCo.'s
DEC.
SHEET
BALANCE
ASSETS—
Inv.
first
of the sale of the
bank loans and for
_
Accounts-and
issue
Years Ended Dec. 31—
Net
♦After
1945.
CONSOLIDATED
Cash
to
30-year,
Standard Steel Spring Co.
$0.51
items
non-recur.
♦Based
31,
1
YY.'%,Y
non-recurring
Before non-recur. items
Incl.
and
intends
of
the
as
warrants
shares.
common
each
for
also
$4,000,000
proceeds
to
share
new
23
Feb.
on
subscription
share
com.
outstanding—
Before
used
receive
to
additional
112,486
one
business
of
entitled
allotment.
$7,500,000 of 3V2 %
The
$153,731
$912,098
$425,257
$506,619
close
the
privilege subject to
Dillon, Read & Co.
by
company
investors
income
Net
offered
be
over-subscription
underwritten
Total
Unamort.
fixed
proposed offering of
will
Co.,
warehouse,
on
to vote
directors
the
Westchester
the
several
Ohio
directors
March
Southwestern Public Service Co.—Record Date—
holders
713,831
assets
said he would ask
Up-
annual
oper.-income—.
record
New
oper¬
immediately, according to Joseph
Ross, holder of more than $250,000
income bonds, who instituted
Time, Inc.—Declares $1
17,848,529
taxes
The
inc.
the
Third
old
the
on
companies are the Yonkers RR.
company on Feb. 8
$200,000 15-year 4,/a%
$
•
17,937,893 227,549,032 189,357,390
89,364
796,453
591,493
20,361,679
expenses
Operating
1,492
interests
Net
buses
2733.
p.
Portion applic. to minor¬
ity
tax
Y;
20,426,541
64,862
revenues
p.
that
among
be
working capital.
1948—12 Mos.—1947
1948—Month—1947
rev._
Operating
169,
.%■
mortgage
Nemerov
Mr.
The
for
Underwriter,
$
—V.
889
begin working on an over-all
compel the consolidation if
in
noted
had
to
RR.
merger
approval/,
Tiffin Art Metal Co., Tiffin, O.—Files With SEC—
1948
1943
1948
$6,073,782 $30,202,097 $34,094,269
$5,544,133
revenues
after
sought
Yonkers;
Electric
construct
Net
May.
to
suit
Surface
a
the
/
would
expenses
runs
Irving M.
adjusted
These three operating
Jan. 1 to Feb. 7
.—Week Ended Feb. 7—
-
705.
Operating
last
directors
will
to
Ry.—Estimated Gross Earnings—
Period End. Dec. 31—
Net
Net
first
tion's
the
effect
and the Bronx, has taken over all
parent company.
Third Avenue and its three other
the
be
will
5%
395,804
and
which
between
attorney for
Avenue
Kane
Mr.
duplicate
Manhattan
companies
Third
share
1945.. %
1946
1947
ating
chester
>
p.
in
mergers
$620,104
earnings
169,
lines
3,098,382
1949
—V.
subsidiaries,
consolidation.
a
City operations of
527,581
Period—
Gross
operating
merger.
of
from
Transportation,
Nemerov,
the
the
elimination
obtained
Further
N.
Southern
its
report by Harry C. Kane, of 51 Chambers
acted as official referee in a bondholder's
a
who
demanded
and
benefits
Avenue
383.
p.
confirmed
$3,983,791
charges
169,
which
savings
York
ACCOUNT
INCOME
1948
suit
1948—12 Mos.—1947
$49,244,793 $40,827,907
37,941,959
34,749,048
Corp.—Court Approves Merger
of
one
on
York, N. Y.,
444,818
income
oper.
decision
New
3,401,618
taxes
Operating
CONSOLIDATED
St.,
Surface
Co.—Earnings—
Transit
and
Corp.,
$4,466,540
Operating revenuesOperating
expenses—
Operating
corporation
The
common
of record
Change Par of Stock—•
April 9 will consider changing the par value of
$1 to $10 per share.—V. 169, p. 209.
from
F'eb. 7 were authorized to
by Supreme Court Justice Ferdinand Fecora, subject
of the New York P. S, Commission.
of
Uncollectible
3 Months End. Dec. 31—
the
holders
to
1
convertible
ago.
on
oil
$4,039,275 $49,339,078 $40,937,213
55,484
94,285
109,306
10,084
rev._
Southwestern Bell
preferred stock converted
common shares in
the three months ended
now outstanding 90,476 convertible preferred
shares
2,740
May
1948—Month—1947
Period End. Dec. 31—
contracts.
of
share
per
com¬
directors
March 30 to holders of record March 11, 1949.
The regular quarterly dividend of $1.20 per share was also declared
period from
high level of
Owners
cents
37'/a
the
of
outstanding/the
payable
said.
son
public
stock
common
dividend
a
since
action
dividend
This
Transportation
....Y'
'
distribution
Southern New England Telephone
months
year,
amounted to $506,619, W.
This was equal after
providing
reported.
Chairman,
three
the
YYY.' .',7%/ V
•
.
635,000
stock,
Issues Quarterly Report—
Net
stock
common
Third Avenue
Southern Indiana Gas & Electric Co.—Initial Common
Dubonnet
the
for
Accountant
Schenley Distillers Corp.,
after having
with the Schenley company from'1636.—V. 169, p. 209.i t
then
Corp.,
of
Texas Gulf Producing Co.—To
Co.—Weekly Output—
this, company
kwh., as
last year,
3,053,000
Monday, February 21, 1949
Inc.
tries
for
of
output
CHRONICLE
FINANCIAL
&
Southern Colorado Power
Schenley Industries, Inc.—New Dubonnet Treasurer—
Theodore
COMMERCIAL
on
Feb.
each
common
the
preference stock.—V.
and
stock.
1948
a
3/10
Cash
share
Service
of
a
date
The
Court
of
plan
cider
will
will
be
recenve
Electric
share
&
S6
Gas
of Cincinnati
paid
in
lieu
of
firm.
had outstanding
1,136,199 1/6
169, p. 645.
(Continued
effective
stock.
Federal
15.
Public
of
Cincinnati
31,
and
preference
each
System Inc.
Dec.
1948,
on
page
49)
shares
Volume
169
THE
Number 4779
COMMERCIAL
&
FINANCIAL
CHRONICLE
(809)
Stock Record «» New York Stock
Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSUE
STOCKS
Ranee for Previous
$ per share
63%
NEW
Range Since Jan. 1
Year L!HX
Lowest
Lowest
Highest
$ per
$ per share
$ per
share
2% Jan
3
44%
Dec
55'%
Jun
44% Jan
14%
Feb
23% May
17,'% Feb
35
Dec
46'%
Jan
35
Jan
5
39'% Feb
18
27 Va
Dec
41'% July
28
Jan
3
30
Jan
26
7'%
Feb
22%
Dec
143% Feb
5
193% Jan
6
27% May
18% Jan
3
22'% Jan
Xl8%
Dec
99
Nov
Nov
2'%
Jan
Abraham
May
108
May
7
ACF-Brill
4
49'% Feb
9
Acme
10
193/4 Jan
6
Adams
——
Jan
33/4 Jan
3
Alabama
Inc
13'% Feb
15
15
Jan
11
65
Jan
17
66'% Feb
10
2'% Feb
11
2% Jan
6
43'% Feb
11
473/4 Feb
3
65'%
Dec
23%
58'%
Oct
.
75
May
643% Jan
34
May
233% Feb
11
Dec
109
May
100'% Jan
11
90
Mai-
67
24
Dec
100
.7%
xl71
Dec
Mai-
Feb
Jan
$4.50
92'% Feb
11
17
7% Feb
17
8'%"Jan
10
Allen
177% Feb
14
188'% Jan
24
Allied
Feb
11
Allied
Kid
Allied
Mills
Co
16%
Dec
21%
18'% Feb
1
25%
Dec
34% May
25'% Jan
3
28'% Jan
26
25
Feb
37 Va May
25% Feb
14
28'% Jan
6
81
Jan
17
Mai-
91
Jun
83'% Jan
8
26 3%
Dec
42
Va May
253% Feb
11
283% Jan
Dec
98
Jun
77'% Jan
3
81'% Jan
31
X25
Nov
31'%
Oct
26 3% Jan
3
283% Feb
17
Va
3
44
Nov
Nov
90
6'% May
3
Jan
3
Jan
39
Feb
17
50
Jan
3'% Jan
43
Jan
3'%%
6%
83%
Feb
34'%
Dec
6'%
Oct
10
Mar
Nov
68
Mar
183% Mar
29
% July
20'% Jan
3
58'%
70
May
62'% Jan
19
Feb
17
11'% Jari
6
32'% Jan
3
35
Jan
10
104
47
Feb
9% Mar
31%
103
Dec
Nov
May
121
52'%
89'% Feb
Jun
34'% Jan
3
63% Jan
103
7
51
9
14% May
43% May
102
Amerada
40'% Jan
25
Amer
3
8 3% Jan
19
American
4
Jan
20
60'% Feb
3
3%%
Jan
7
American
66'% Feb
14
24
6%
Airlines
Feb
10
Jan
11
6'%
Sep
10*%
Dec
73% Feb
10
10'% Jan
3
Dec
6%
Jun
3
Jan
3
33% Jan
7
81
Jan
173
76'%
Feb
923% May
163'%
Oct
28'%
Nov
177
49'%
74
Nov
100'%
Jun
3
Jan
Jun
14
Jan
77% Jan
913% Jan
177
4
28'% Feb
4
4%
16%
16%
16%
5,000
21%
5,500
20%
105
21
11
*100
*63
13%
13%
13%
67
66
65
23%
102%
8%
*7%
8%
7%
177%
177%
177%
178 %
*16%
17%
17 %
17'%
*16%
1
22'% Jan
7
8
108 V% Feb
15
39% Feb
15
44'% Jan
7
•.
American
15
Dec
20'%
Jun
15'% Feb
8
18
;
American
Feb
14'%
Dec
22'%
Jun
15'% Feb
11
17
Jan
8
81
Dec
94
Jun
79'% Jan
18
85'% Jan
22
33'%
Feb
43
Oct
35'% Feb
8
403% Jan
7
94'%
Feb
Jun
99
3
1023% Jan
12
25
Feb
493% May
29'% Jan
3
313% Jan
5
Jan
73/8 May
5
Jan
3
14'% Mai13'%
Dec
1'%
Sep
107'%
Jan
6
27%
26%
26%
400
26 %
26%
26%
26%
4,300
*86%
25%
89
*86%
*86%
87%
*86'A
25 %
89
80%
26
25%
26'%
26 %
26%
26%
26%
4,700
80
80
80'%
80'%
80%
80%
80%
900
28%
28%
28%
28%
28%
28%
28%
1,400
XS0
28
28
28 %
89
3
3
*3
3 '/a
3
3
3
40
40
*39
42%
*39
40
39
39
92
91%
92
33 %
38%
*38%
1
7%
100
56'%
57
3'%
8%
%
8
8%
8%
57
58
*56
39%
21%
21%
21%
21%
21%
21
21
66
65%
65%
*65%
66'%
65%
66
1
*9%
No par
*33%
Corp class A
Co
com__
34
35
34
*100
102
*101
102
102
*101%
102 Va
7%
7%
8
8Ve
8
8 Va
7%
8Va
5,700
3%
3 %
3'%
3%
3'A
3 Va
3Va
3,000
*77
84%
176
28%
81
20%
20%
108'/a
108%
39%
39%
40%
10
15%
15%
*15%
*15%
15%
*15%
*83
21%
21 Va
21%
21%
108'/a
*108'/a
108%
130
40%
42
x40%
41%
4,700
16
16%
16%
4
2'% Jan
10
Amer &
Dec
89'%
Jan
3
Dec
14%
Jun
6'% Jan
3
29
$7 2nd
37
Nov
77%
Jan
38'% Jan
3
51
Jan
31
$6
35%
Dec
43'% May
35'% Jan
7
37'% Feb
4
3'%
Dec
3'% Jan
3
4'% Jan
20
42
6 Va
7 3%
44
Jan
Jan
Jun
53
20%
Feb
26% May
5'%
Dec
8'% May
46
Jan
47
573% Jan
7% Jan
31
3
47'% Jan
24'% Jan
5
26'% Jan
5'% Jan
5
American
6%
26
American
Home
7
American
Ice
24
Dec
92
Jan
75% Jan
24
75'% Jan
Feb
15'%
Jun
11'% Feb
7
12% Jan
7
13'%
Jan
19
Jun
16'% Jan
17
17'% Jan
24
American
Investment
16 "2
Dec
26%
Jun
153% Feb
14
18 7% Jan
20
American
Jun
108
95'% Feb
102
14
Jan
$ per share
Nov
21% May
12'% Feb
Dec
94 %
Jun
76
Dec
10 Va May
6
Jan
137% Jan
7934 Feb
5
Feb
15
6% Jan
30Vi Jan
19
July
25'% Feb
Dec
98
Dec
963% Jan
4
5% Jan
3
Dec
Fob
8%
Jan
35
Dec
32
Feb
101
10
22
American
Feb
11%
Jun
73% Jan
3
Nov
95% May
833% Feb
11
85 3% Feb
Nov
86%'May
70% Feb
10
75
16% May
13
Feb
11
Jan
170
Jan
7
Nov
176
May
Mar
Nov
35% May
Jan
140
35%
21
Dec
27
10%
Dec
24 Va
34'a
Feb
41
16-%
Dec
142
Feb
34'% Jan
3
134
Feb
8
28
Jan
7
21'% Jan
6
10'% Feb
11
Feb
11
123'% Jan
11
6%
1
25'% Feb
Jan
May
131% July
20% May
130
5
Jan
Jun
Apr
Nov
116% Mar
.
33
5%
17'% Jan
4
American
*66
3%
.No par
*66
5%
100
25%
25 %
5,400
5 Va
5%
1,000
76
*66
12
*11%
16%
16%
16%
16%
16%
iO-4
lo '/a
l0*4
10 la
15%
16'/a
15%
16
5,200
*90%
94%
94
100
-A
J. O '/
8
95%
STOCK
EXCHANGE
CLOSED
Monday
*92
96
AND
12%
12%
*78%
61
a
12%
LINCOLN'S
*100%
*6 Va
101
*100'%
*6'
7%
13 Va
*171
4
33
6%
7%
13%
7
38
38
49%
50%
142 Va
194'%
35
35
*132'%
25%
25%
..No par
22 Va
22 V
No par
common—100
100
12%
12%
12%
12%
78'%
78'%
78'%
78'%
6%
6%
6%
*6'/a
6'%
600
25'%
*25%
26'%
26'%
25%
26'%
1,300
101
*99
6V4
6%
*32'%
173
"
26 V
4
101
6'%
33
*99
*6'%
*32'%
101
100
€%
*6'%
33
33
100
6%
33
8',/a
7%
84%
85'%
85'%
85'%
71'%
71'%
72
72
72 Va
1,000
13%
14,300
13%
*171
6%
13%
175
6%
xl
3'%
*171
6%
8
Va
13'%
8
13'%
174
*171
6%
7
8'/a
7
24'%
24%
24%
38'%
*38
38'%
*38
38'%
38'%
38'%
49%
49 18
50
50%
49'%
50
144'%
144'%
145
145%
36
133'%
35 V*
*132
35'%
133'%
4
*22%
22'%
*22'%
*10'%
10%
10%
10%
*10%
33 V4
33 V%
33
33
*33
331.4
*123
125
*123
17'%
*17%
*35'%
*132
36'/■>
133'%
25 %
36
22 %
22'%
10%
*10'%
125
33
*123
146
*35'%
*132
10,500
800
174
24
144
200
84 %
24%
49%
145
10
200
71'%
24
49 %
90
84%
.
25%
17'%
1,500
12%
78'%
25'%
145 VB
for
Shares
6%
25%
5
Bales
the Week
share
24%
*132
125
300
12%
25%
100
S per
*24%
*35%
135
100
*123
Feb. 18
$ per share
*38
'
900
78'%
7
24 %
■
12
V%
7%
*171
24%
*90
76
Friday
Feb.17
$ per share
33
173
*11%
6 Va
251 %
6 V:
*66
12
Thursday
Feb. 16
12%
76
PRICES
Wednesday
78
6
26
BIRTHDAY
95
SALE
$ per share
79%
6 Va
HIGH
Feb. ir>
$ per share
.
*90
Tuesday
Feb. U
Foundries..-No par
Tobacco
25%
*5%
*161/8
13'%
Sumatra
25%
5%
600
47%
*11%
13V4
17
25%
5'%
*46
600
*66
71'%
126'% Jan
47
25%
8,4%
Co
.47
700
3%
11%
71%
American Stove Co
48
*46
3%
16%
84 V«
American Sugar Refg
7% preferred
3
$ per share
1
25
3%
76
10
100
com
3%
11%
com.No par
preferred
3%
6%
7
*16%
71%
Stores
49%
16%
84%
9
American
48 %
71%
10
American
*3%
6%
6%
11%
LOW
No par
13
American Tel
6'/a
3%
*46
84
Steel
5
1,900
4
76
95 %
Feb. 12
.
Snuff Co
6
1,600
6%
48%
48
47
6%
*32
37'% Jan
Jan
49%
49%
6%
11%
Batnriay
Co—
23% Feb
18
48%
46
6%
1%
*16%
1
Ltd
12'% Jan
-
2,500
No par
non-cum
American
1%
5%
American
68
1%
25%
18
Feb
1%
5%
36'% Jan
46%
1%
25%
10
38
1%
5%
154'% Jan
Apr
1%
25%
11
46
25 %
1%
25
7
Sep
7
27
2,200
48%
Amer Rad & St
20
15%
*46
56 3/4 Jan
38
Jan
7% Jan
26% Jan
3
4 '
100
15
2
50
*3%
1
7
23'% Jan
16%
15
36
49'% Feb
6 3% Jan
Oct
31
7
*16
14%
35
3
Jan
28
125
14 V8 Jan
16
14%
36
common
.
preferred
173
16
14%
*15%
16
36
1
Metals
1,100
16
14%
Light com—No par
No par
preferred
$5
5
36
-100
Co
&
$6
1,600
5
36
41'% Feb
12 Va
Feb
Jun
Power
1
27
30%
5
36
11
Dec
163%
Amer
20
Jan
30'A
31
36
Feb
6%
Mar
8% Jan
1,200
36%
100
Molasses
101%
*36
of 111
Co
preferred
News
101%
101%
500
43
STOCK
Co
4,800
43
San'y com...No par
7% preferred
100
American
Safety Razor
5
American Seating
Co
-No par
Amer Ship Building Co..
No par
Am Smelt & Refg common__No par
7% preferred
100
16%
139
Metal
American
3
6%
Feb
4 Va %
Feb
Jan
69%
12%
American
5
50
39 Va
42%
Fdy Co com...No par
Amer Machine &
30%
16
84'/2
38%
14%
*15%
14%
1
preferred
67% Jan
x34
8
80%
162%
3.90%
7
15
Amer Mach &
30'%
5
x5
*15%
*83 Va
39
42%
100
YORK
29%
101
16
42
Par
8
3
35
5%
5%
101'%
101
800
84%
41%
No par
$ per share
11
24% Mar
29
30%
5%
38%
42
EXCHANGE
Highest
$ per share
12 %
93
NEW
Range Since Jan. 1
Lowest
Highest
72%
6
*29%
STOCKS
Year194S
$ per share
102%
*83
41%
com
preferred
Range for Previous
Lowest
100%
16
44
preferred..,
non-cum
7%
100%
50
American International Co.rp.No par
20
38
50
Locomotive
Feb
Co.
com
10%
95%
84'%
37%
6%
Products
Co
79
6%
84'%
1,500
17
*42%
preferred
conv
Jan
6
*15%
17
No par
Leather
&
16
16
84
37%
100%
No par
Hide
15%
No par
..10
preferred A
preferred
American Hawaiian SS
27
Jan
preferred
$7
16
37%
1%
1% Jail
78 %
108 Va
84
16
490
2,000
*76
40%
.40
37%
Foreign Power com__No par
4'% May
Inc
78'A
3,700
29
21'/a
*
84
14%
Lines
88
176
28%
108%
21
37%
*15%
Export
87'%:
176
29
100
I'
*108%
108%
39%
.
86%
177
..
21 '/a
20%
Co
28%
*76
81
*76
108%
.
85
176 %
28%
23%
No ptlr
No par
.
85%
175%
84%
176
*76
81
40c
American
1,200
3 Va
Encaustic Tiling.,
American
34%
3%
European Secur____No par
17
22
102
900
34
34%
9%
7%
*100
5 %
15% Jan
110
9
7%
Co
Colortype
9
3%
preferred
Chicle
9
34%
34
102
%
1
100
Co
Cable_.__No par
&
9
Inc—1
preferred
Chain
*9%
9%
34
29%
173/a Jan
900
*21
*65%
8%
*5%
5
24,700
1,500
66%
29%
3
500
8%
58
8%
57%
21
1
Jan
8%
300
1,300
38%
3%
American
16
*38
57
600
91%
65%
7
133% Jan
8%
3'A
42
91%
39%
*38
57
57
*3
*39
21
Crystal Sugar com
10
prior preferred
10'j
Cyanamid Co com
10
3'%% conv preferred series A_100
American Distilling Co
20
Oct
3 Va
87
10
4'%%
Apr
100
*26%
25%
American
19'%
600
17
26%
*80%
American
19
*16%
26%
*86%
6
Jan
17%
1,600
26%
'
17
7%
180
50
Shoe
nbn-cum
5%
"20
96
7%
178%
26 %
39%
Broadcasting
American
*93%
7%
1,900
26%
28%
20'% Feb
93%
300
24%
103
26%
84%
107'% Jan
67
24%
26
175%
Aug
67
1,100
26%
28%
May
45
*101%
179
20
7,200
26%
84%
May
*44%
24%
600
2%
27
175%
51
2%
27
28%
27
38
2%
3,500
14
67
25%
84'%
110
104'%
93%
*7%
17%
*17
14
103
177%
39%
preferred
24%
3%
*65 Va
67
100
105
3%
68%
*65
*101
177%
91%
common
102%
93%
*93
96
66 %
24%
*100%
21
*100
3%
45
45
44
8 %
8
177%
175%
Dec
2%
24
23%
*100%
*93
2%
66%
24%
102%
96
*65%
44
21%
14
14
14
65%
2 %
65
23%
*93
3%
3%
65%
*100%
25
Jan
*13%
67
*65%
92%
preferred
18% Mar
3%
105
*100
105
3%
3%
21%
21%
21
105
20'%
*100
3 %
100
7%
7
Jan
16%
American Car & Fdry com—No par
7%
preferred
—100
20
82
16%
*91%
Cable & Radio Corp
American Can Co common
17
Jan
33'% Jan
16%
...
Bosch
conv
16
43%
5o
Amer
Jun
111
15%
>38
Note common
Bank
American
3
.
1,000
15%
92%
conv
Brake
Amer
29'A
*91%
preferred
American
39%
*28%
Chemical.No par
Agricultural
cum
39%
29%
43%
No par
com—1
Corp
1,800
41
28%
No par
Petroleum
Jan
3,100
18'/a
40%
43%
common.No par
100
preferred
48%
18
29%
43%
preferred
convertible
48%
*28%
2%
No par
Alpha Portland Cement
Amalgamated Leather Co
6
31
1,800
49
*38%
2%
No par
Mfg
18
2%
28%
*38
2%
1
Dye
Inc
conv
x48%
18
2%
-5
Allis-Chalmers
49 Va
17%
13%
Corp coinmon__No par
preferred
100
4%
20
48%
17%
*65%
gtd—100
6%
Ry
Chemical &
5,500
79%
2%
41
3%
—No par
Industries Inc
75
*70
2%
28%
20%
Allied Stores
7
73
49
100
Co
Apr
2%
29%
*100
preferred.No par
Allegheny & West
Jun
113%
Shares
18
2%
1
A___
74%
75%
79%
2%
5
preferred
conv
17%
72%
*70
for
the Week
share
15%
Allegheny Ludlum Steel Corp_No par
May
96
198
93:i% Feb
preferred
$2.50 prior conv
7
48:%
17%
72 %
80
*70
2%
100
common
preferred
5'%%
18
49%
41
72 %
72
$ per
share
29 >/»
No par
Allegheny Corp common
18
27'% Jan
102
4'%%
s
$ per
$ per share
Sales
Feb. 18
Feb. 17
Feb.16
80
2%
*38
—1
Inc
Aldens
21% May
Feb
BIRTHDAY
Juneau
80%
37
No par
Corp—lo
71%
*70
2%
17%
LINCOLN'S
Vlcksburg Ry—_—100
Gold Mining
10
Alaska
Dec
43% May
&
11
Nov
Dec
Reduction
Air
72
Friday
Thursday
Wednesday
$ per share
80
2%
48 3
1
Co
Corp
Addressograph-Multigraph
Admiral Corp
21
72
*70
CLOSED
10
Co
Express
Adams-Millis
13'%
Jun
Steel
—-
--
.
3
43% May
EXCHANGE
2.50
PRICES
SALE
Feb. 15
$ per share
STOCK
No par
Co
Motors
HIGH
AND
Tuesday
Feb. 14
$ per share
No par
Straus
&
3Va Jan
65
2'%
Laboratories
Abbott
5
Jan
79%
100
Monday
Feb.12
Par
75'% Jan 25
69'% Jan
63%
Dec
Saturday
share
Dec
Oct
LOW
STOCK
YORK
EXCHANGE
Highest
2'%
76
13
146'%
3 6 Va
2,000
1,200
60
5,600
360
200
133'%
25%
26
22'%
22'%
22'%
10%
*10'%
10%
100
33'%
33'/a
*123
33'%
900
125
17%
*17'%
17%
17'%
17'%
*17'%
1451/4
145'%
146 Va
146%
147'%
164%
1,500
500
124'%.
18
300
)
147% Mar
158%
Jun
143
Jan
17
54 % Mar
68 Va
Jan
60
Jan
3
Mar
135
Jan
3
145
Jan
24
573% Feb
15
63
Jin
7
llQVs Feb
14
Oct
131
46%' Feb
144
71 Va July
Juii
115 Va
Nov
6%
Dec
8%
Apr
x33%
Nov
56 Va
July
Dec
.90
76% Mar
120
7% Jan
26
Am
17
American
Jun
89
Feb
112% July
73
104
Jun
8%
67
30%
Feb
41'A May
30
Feb
45'A
Jun
38 Va
Jan
Sep
18%
May
Jun
107
4f
Dec
24:
Nov
For
92 V8
35*4 Jan
7
8
Anaconda
23% Jan
7
4
10'% Jan
12
33% Jan
20
4'% Jan
5
3
30% Jan
28
*90
35% Jan
8
page
98%
8
Feb
see
*90
10
10
footnotes
92%
*75
Feb
ISVb Feb
Jun
*88%
Feb
Jun
6% May
7,900
32
Apr
34%
2,100
33
14
27
24.
Jan
Cable
&
preferred
Anderson-Prlchard
A
P
W
Copper
&
Co
Oil
Corp
Mining
Products
Co
Inc
Archer-Daniels-Midland
7'%
*90
92%
*90
92%
79%
*75%
77
*74'%
78
5%
5%
25
53'%
53'%
;_50
32'%
32%
32 %
32'/4
32
32'%
32 %
32%
No par
33'%
34
33%
33%
33%
33%
34
34
No par
:
Clayton
7'%
5%
Anchor Hock Glass Corp com..12.50
Andes
140
7'%
38'a
$5 prior conv preferred
Anaconda Copper Mining..
36 Va
230
2,100
119%
38
57'% Jan
$4
*119%
38%
preferred
Anderson,
119%
38
$4 conv prior preference—No par
Zinc Lead & Smelt com—.—1
-
119 Va
58
7'%
Amer
7
66%
141%
58
37%
52'% Jan
13
65%
141%
58'%
7'%
24
27
119%
66'%
142'%
58
37%
14
Jan
119%
6,700
65%
142 %
7'%
7
55'% Jan
58 'j
37%
7
28% Jan
119 '%
66
142'%
58'%
7%
4
104
119'4
64 %
142
,37%
Jan
3
119%
58
7V%
Jan
8
119'%
64%
142'%
37%
6% Jan
13
57%
7%
80
25'% Jan
58'%
15,700
36%
90
102
64
142%
58 %
147'%
5
Inc.
3
Wire
64%
142
145
common__No par
Co
9
7%
146
—100
Works
Woolen
11
Jan
Feb
.
Feb
50'% Feb
60 %
Water
64
142
Corp common_.l4
IOC
5'% Jan
Jun
Mar
Mai-
8
.
Oct
preferred
38% Feb
Nov
98
5%
3
63% Jan
common.
25
100
Tobacco
preferred
3
51
46'A
3,
6%
& Tel Co..
American Viscose
Jan
Dec,
25%
Jail
67% Feb
34
x5%
,
118
150% Jan
21%
lo
20
5
No par
27
27
*103
1104
51'%
19'%
*10
*3%
28
51'%
19%
11
54
27%
*103
*51 %
19%
*10
4
*3%
28
27%
5%
55
27%
104
52'%
19%:
11
4
27%
*5%
*55
27'%
*103
5%
56'%
27'%
104
*51'%
52%
19'%
19%
*10
3%
28
11
3%
28
78
5-%
*55
26 V%
*103
78
77'%
5%
56'%
""
27
104
*51'%
52'%
19 V%
19%
*10
2%
7'%
11
4'i
28% •'28'%
5%
55
77'%
200
5Va
1,700
55
100
32'%
32%
33'%
34
660
26'%
900
26'%
*103
*51'%
19%
*10
*3 7 8
28%
12,100
104
52'%
400
19Va
1,800
11
4'%
29
100
3,300
14
YORK
NEW
$ per
$ per share
$ per
share
$ per
chare
26
Feb
3
23%
Nov
32%
Oct
24
Jan
3
89
Dec
101%
Jun
90
Jan
>>A
6% Feb
18
Feb
14
77% Jan
10
44% Feb
11
49 % Jan
21
4
67/a
Dec
68%
Dec
41%
15 % Mav
Feb
88
56%
13%
5
115% July
108
Feb
10
110% Jan
3
$4
19
15% Jan
5
Arnold
11
13% Jan
11
18%
14% Jan
xl0% Feb
Jun
17% Aug
preferred conv
7
Jan
21
6%
1%
2nd
12
Feb
11
May
98%
Jan
17
93
Jan
3
30% Feb
14
32% Feb
2
Associates
Atch
87%
Dec
106
July
26
Jan
35
Jun
103
Feb
10
105% Jan
7
100 % Feb
11
103 % Jan
24
Jun
12% Feb
10
15
Jan
7
A
July
37% Feb
84
Feb
120%
Mar
107 '/a
89
Sep
96
Jun
T F Inc
13%
Dec
19%
44%
Dec
62
10
47
Jan
7
Atlantic
25%
Jan
64%
Dec
53
Feb
7
60
Jan
5
Atl
66
Sep
81
Dec
77
Feb
14
50% July
33% Feb
4
81% Jan
25
Jan
7
39
30
102
Feb
114
May
106% Feb
14
109% Feb
4
91
Feb
99
Jun
94% Jan
6
98% Jan
17
20
Jan
4
23% Jan
24
50 % Feb
14
58
Jan
3
106
Jan
7
4%
20% Jan
4
Atlas
Nov
4
99
Apr
Oct
7"
Feb
Jan
100
Jan
114
Sep
20
25% May
64%
48% Aug
Xl9% Feb
11
24%
Atlas Powder
Nichols
Austin
4%
Dec
9% May
4% Jan
15
5% Jan
12
12%
Nov
16% May
13'/a Fe b
11
14% Jan
24
6%
Dec
19
Jan
6% Jan
3
Jan
24
Autocar
Nov
19%
Jan
11% Jan
5
15% Feb
16
Automatic
xll
8
Co
6% Feb
8
7% Jan
7
Feb
7
44% Jan
10
$2.25
Jun
13% Jan
3
14% Jan
15
Jun
10% *eb
15
12^/8 Jan
.7
Oct
Feb
Jan
46
Jun
40
13%
Feb
16%
11%
Dec
17%
45%'
98
99
*97%
108%
109
109
*108%
*14
Corp
.
1,600
280
98
97%
98
109%
109
14%
*14
350
109%
14%
*14
100
11
11
11%
11%
11%
11'A
300
12%
12%
12%
12%
12%
12%
12%
2,600
12%
95
91%
100'A
*—1 o o £
100%
12%
12%
12%
12%
12%
4,500
92%
9 3'A
100%
100%
600
12%
12%
1,400
39%
*39%
39%
39%
40
39%
*53%
55
*53%
55
39
39
1,800
55
56
*53%
*77-
79
*77.
79
34 %
34%
33%
97%
20%
108
20%
50%
51
*107%
108 %
97% A 97%
97%
97%
540
%
20'/a
lU'/8
20 %
20%
20'A
1,900
52%
610
102
51%
52%
52%
102%
*101%
103%
51%
51
14%
270
102
102
29 VB
*19%
20%
*19%
20%
5%
5%
5%
5%
*5 %
5%
*13%
14'A
*13%
14%
*13%
14'%
%
6%
6%
14%
15%
*14%
14%'.
6%
6%
6%
6%
*39%
41%
40%
40 %
41
22
5%
*13%
6%
6%
14
6
6%
14%
14
14
52%
„
*19%
5%
13%
540
97%
*19%
5
6%
107 %
41 %
22
*13%
107%
107%
102%
101%
:
200
4,600
34%
34
35%
20
20
50%
102
300
78
*76%
77
x34 %
97
%
^0
*100%
*19
107%
97
■if, 97
55
77
34%
34%
34
107%
107%
97
■
160
12%
94
77
77
5
1,200
12%
55
*52%
106 %
31%
101
101
39%
39
97
31%
31%
92%
93
90%
91
101
97
31%
100%
91
*100
95%
101
95%
31%
*31'%
30%
30%
•
101
95
94%
94%
*100
*100
101
*100
100%
12%
6%
6%
1,700
7
*6%
7
1,300
14%
14%
2,600
6%
6%
14,400
6%
40%
14
14%
14%
14%
*14%
14%
'14%
14%
14%
14%
10%
No par
6%
40%
common—3
(The)
preferred
conv
45%
45%
46%
45%
1,000
11%
30%
90%
No par
5c
Co of Amer—5
Babbitt
7%
4%
35%
71 %
45%
7,800
73%
73 '
73%
72%
71%
99
14%
6%
7%
45
___——
Canteen
Mfg
Avco
common
7
*11
95
*100
No par
-No par
15,000
93
7
72%
108%
101
30%
prior pfd ($1.20)
Conv
;
12%
12%
—"-100
120
7
93
94
6%
14%
*93
No par
common
preferred
Tack Corp
conv
94
95
*14
*100
common—1
5% non-cum preferred
100
Atlantic Refining common
25
4%
conv preferred series Ai.100
Preferred $3.75 series B
100
Atlas Corp
—5
24%
11
*10%
W I SS Lines
24 %
share
14%
14%
No par
RR
Line
Coast
G &
Feb
xl9%
108%
100
—10
non-cum
25
99
*108
com__100
& Santa Fe
preferred
Topeka
5%
24%
45
99%
10
Investment Co
$ per
71%
71
45%
1st preferred
27
May
share
*93
7
6%
*99
Dry Goods common—1
100
preferred..—...^—100
Associated
13% Jan
98% Jan
19
6%
*44%
No par
111
94
LINCOLN'S
5
Dec
94
7
Shares
$ per
24%
24%
94
*93
24%
Sales for
the Week
Friaay
Feb. 18
share
24%
$ per
share
24%
24%
BIRTHDAY
par
par
par
Carpet Co Inc
Artloom
$ per
Feb. 17
Feb. 16
Feb. 15
.
,
$ per share
71
par
v
Thursday
Wednesday
Tuesday
Feb. 14
CLOSED
Corp
Constable
12% Mar
98
No
No
No
No
com
EXCHANGE
5
com
$6 conv prior preferred
Jan
Dec
Illinois
of
Armstrong Cork Co
$3.75 preferred
97
Dec
Co
&
STOCK
10
100
com
preferred.
conv
Armour
8
Jun
99%
Nov
11%
Jun
7% Jan
4%%
99% Feb
Jan
103
Jan
106
95
Steel Corp
Armco
27% Jan
$ per share
Par
share
SALE PRICES
HIGH
AND
LOW
Monday
Feb. 12
EXCHANGE
Highest
Lowest
Highest
Lowest
RECORD
STOCK
Saturday
STOCK
YORK
NEW
Range Since Jan. 1
1948
Monday, February 21, 1949
CHRONICLE
FINANCIAL
STOCKS
Ranee for Previous
Year
&
COMMERCIAL
THE
(810)
10%
10%
10%
10%
10%
10%
10%
10%
10%
5,500
9%
9".
9%
9%
9%
9%
9%
9%
9%
11,600
19
19%
19%
19%
19%
18 %
19'A
4,100
21%
21 %
21%
21
21%
21%
21%
1,100
*40
i
.
800
41
B
Mar
10
.
Feb
15%
7
11% Jan
7
18'A Feb
10
22% Jan
7
4%
Jan
3
25
Jan
7
Bangor
70
Feb
3
Conv
Feb
31%
Jun
60
Feb
80 % May
67
Jan
17
40%
Nov
59
May
41
Feo
15
47% Jan
o
28%
Jun
19% Feb
7
21% Jan
7
Barker
45
Jun
37
X20
Nov
36%
Feb
31
'••
9 *';• Nov
45%
40
x41% Feb 47,
9% Feb '15
Dec
16% Mar
23%
30%
Dec
43% May
32
Jan
"4
Sep
90
Jan
'88
Jan
3
16% Mar
Dec
69
'
.
10
Barnsdall
.
Bath
7
20
Cigars
Jan
24
20% Jan
,8
Co
3%%
Beck
Feb
3
7
10% Jan
21
Beech.
Aircraft
Beech
Creek
75
"
Corp
i
Feb
34%
Apr
30
Feb
10
32% Feb
4
32%
Feb
37% July
34
Jan
17
36% Jan
10
14 %
Feb
20% May
17
16
Feb
1
10%
Nov
19% Mar
10% Feb
14
13 % Jan
12
Belding-Heminway '
Bell Aircraf.t Corpi._
28
17
Feb
18
Bell
15
14% Feb
Beech-Nut
Packing. Co
Howell
&
14%
Dec
24%
Jan
14'A Jan
90 %
Dec
103%
Jun
92% Jan
8
93 % Feb
26
Feb
38%
Jun
31% Feb
11
34% Jan
Dec
21%
Jan
8% Feb
18
11
7
Bendix
Nov
26% July
21% Feb
17
'24
Jan
5,
Beneficial
4
78
Feb
15'
Jan
5
"97
Jan
21
23% Feb
26% Feb
11
26% Jan
*7
9%
21
Dec
Dec
102% July
Feb
30% May
25
Feb
73% Jan
87 % Mar
86%
23%
68
Feb
30%
37% May
Nov
14%
Co—T
33% Jan
7
Bethlehem
136% Feb
2
29% Feb
14
Feb
10
10% Jan
8
7% preferred
:
Bigelow-Sanford Carpet
Birmingham Electric Co
9 %
Jan
Steel
Lowest
90
76
$ per share
36%
$ per share
$ per share
26%' Dec
Feb
xl3
Jully
,
11
11
7
Co
Blaw-Knox
Dec
14%
11% Jan
7
Bliss
(E W)
Dec
17% May
12
Feb' 17
13% Jan
6
Bliss
&
32% Mar
44% July
38
Feb
7
40% Jan
7
19%
NOV
29'A
20
Feb
7
23% Jan
7
22%
37% May
27
Jan
1'8
Dec
96
Jan
23% Jan
56
Feb
Bohn
Dec
57%
16
64
Jan
12
Bon
Dec
51
Jan
23% Feb
4
32 % Jan
5
17% Jan
7
9%
13
30%
Sep
34'A
34
34
34%
35 %
34%
34%
900
15%
15
15
14%
14%
14%
14%
500
11%
1,000
15%
Apr
3
16%
Dec
27% May
16% Jan
5
37%
Nov
44%
Jun
38% Feb
16
41% Jan
10%
*10%
11%
11
15%
15%
*15%
16
16 %
93%
93 %
93%
31%
31%
31%
22
*22
i
78
(
78
Feb
66'A July
46'A Feb
11
54
Jan
7
87%
Nov
96
95
Feb
4
2
Borden
95
Feb
4
2
% Jan
13
Boston
&
35% Feb
17
Bower
Roller
Jan
3
Jun
32% Jan
27
Nov
10'A May
6% Jan
3
8 % Jan
19
Braniff
Dec
71
5
46% Jan
12
6%
26
7 %
11% May
Dec
5% May
42
25% Jan
Feb
*93%
24 %
24'A
24'/a
24%
24%
27'A
27'A
26%
27'%
26%
27'A
5,000
31%
31%
31%
31%
31%
31%
32
31
31%
18,000
135%
135%
136
29 %
29 %
X29
135
29%
29 Vb
x27% Mar
36%
8'A Jan
7
Feb
Jan
7
25% Feb
34% May
8
29
Jan
10
25%
Nov
37%
Jun
29 % Feb
5
33
Jan
6
92%
Oct
101%
Apr
98
Jan
14
103
Feb
16
Sep
18% Jan
24% Feb
3
15% Mar
23%
Dec
3%%
3
10% Jan
21
Brown
&
10
31% Jan
10
•Brown
Shoe
90%
Feb
99
Aug
95
Jan
6
95
Jan
6
17%
Feb
23%
Nov
18% Feb
16
21
Feb
1
"
15
No'
24% May
120
Sep
124% July
Dec
11% May
7%
8
14% Feb
Feb
16
x8% Feb
11
120
'
16% Jan
7
Feb
2
9% Jan
7
69 % Jan
31
123
78%
7%
Budd
$5
Co
(The)
preferred
July
65
Feb
17
40
Jun
30
Feb
8
34
Jan
13
Buffalo Forge
Aug
90 %
Jun
87% Jan
6
91
Feb
17
Buff Niag
12'A Feb
15
14% Jan
20
Bullard
36
Bulova
Dec
21% May
Feb
43%
Jun
32 Vb Feb
18
Jan
11
16%
Dec
24%
Jun
16% Feb
7
18% Jan
7
Mar
97
Jun
88
Jan
5
92
Feb
10
7
77% Jan
25
"
Dec
100
Jun
76
Jan
77
Apr
88
Jan
77
Feb
12%
Feb
17%
Jun
13% Feb
8
7%
Nov
10% July
7% Feb
8
Feb
10
Mar
79
Dec
114
Dec
15%
Jun
Dec
8%
73
89,
Jan
2% Mar
Mar
16
98%
Jan
23%
Feb
27% Mar
Jun
1%
4
% May
109
8% Jan
75
3
-
10
3
Jan
4
Feb
7
27% July
20 V'e Feb
14
July
100 % Feb
14
35%
Jun
23'A Feb
40%
Jun
105
77
Feb
10
16% Jan
7
8% Jan
26
Feb
4
121
9% Jan
.7 '
Feb
2
3% Jan
8
24% Jan
27
82
Jan
25
18
26'A Jan
24
30 Vb Feb
16
36% Jan
26
56% Jan
22
Dec
1% Jan
7
Sep
54
Jan
6
May
1
% Feb
5
54'A
3
Dec
5
21%
8% May
Dec
31% May
104
3
5% Jan
6
Feb
7
22% Jan
10
3
12% Feb
4
4% Jan
18
Calumet
108'A Jan
24
$4.25
39% Jan
18
Canada
xl9% May
16'A Jan
8
17% Jan
24
14% Mar
19% May
12% Feb
11
14% Jan
7
Mar
40% Jan
5
Jan
24
see
page
24.
24
800
&
300
21%
21%
22
23%
23%
23%
23%
23%
24
5 7'A
56
57
*56%
57%
*56
57%
24 %
25
24 %
25
*24%
25
150
16%
17
17'A
18
17%
18
3,500
38%
39
3,200
48%
48 y8
4,400
25
•
16%
16%
39
39%
43%
48%
38%
39
38%
39
47%
47 3 4
48%
48 %
48%
97%
*93'A
97'A
*93 %
97%
*94
98
*94
*2
2 >/8
2
2
*2
*35
35%
35%
35%
*34
35%
7 Vb
*7 Vb
7%
34%
7%
35
—
35
35
7 Vb
7'/a
*7
*30
35
*30
35
7%
7%
*7%
7%
7%
7%
28%
28'A
28%
29'A
29%
*25%
26'A
*25%
26'A
*25 'A
26'A
*25%
30%
30%
22%
30
30%
102
29%
*101'A
103
22%
23
23%
9%
9%
9%
*30'A
*96%
97
*18%
19%
*18%
19
15
15
123
*121
14%
31
30%
31
30 V2
101 'A
102
101%
101 %
9%
9%
9%
9%
30%
*30%
31
*
97
97
96 %
19
18%
15
15%
121 Va
65%
66%
65%
65%
*65%
8%
8%
90%
12%
32
30%
30
30
*90
91
*90
91
91
91
12%
*12%
13
12%
12%
12%
12%
30%
-
*32 Vb
32%
'
122'A
50
8%
8'A
9,300
66%
220
30
*31
90%
x
3,600
30
89%
65
31%
*31
400
15%
65%
8%
65
66
19%
14%
15%
121%
8%
31
97
*18%
19
121
8%
100
*30%
15
8%
89%
300
13
900
*121
*12%
17'A
32 Vb
1,200
8,300
; 32'A
32%
17
17
17%
17 Vb
17%
17 Vb
17%
90
*88
90
88%
88%
88
88%
*87%
89
89
81
*77
82
82
*77
79%
*77
80
*77
80
*76
80
*76
80
33
80
*76
7%
8%
15
*76
14%
*7%
8%
78
*76
3%
Zinc—
4
7%
109
109
100
32 3
14%
14
!
300
32%
16%
33
—5
4,900
9%
*96%
•
120
14%
8%
110
4,900
24
23%
18%
3,100
30%
23%
*96%
123
*121
1,900
26'A
23%
'A
8
1,100
29'A
9%
30%
97
7'A
29%
30%
9%
30%
300
800
2,000
35
*25%
7%
30
25%
23%
2 3 Vb
*96%
.35
7'A
900
7%
103
103
*30%
96
7 Vb
35
*33
28'A
*100
280
2%
2%
2
2
7%
pfd—.100
preferred
3%
*108
8%
76
3%
20%
33
80
14%
8
111
8%
76
3%
20%
*77
*76
14 %
*108
*75
*3%
8%
78
3%
21%
100'A
14%
7%
109
8%
*77
3%
14%
17
14%
14%
110
8%
900
50
110
8%
8%
3,500
10
78
*77
78
4,500
7%
7%
8
109
110
3%
3 Va
1,100
20%
3%
20%
1,200
20%
21
*100'A
102
24
23%
24
30 Va
30%
31
31%
31%
*54 %
55%
54%
54 %
*54%
1%
1%
1%
1 'A
1%
4,100
4%
4%
4%
4%
5
2,600
*20.
•20%
100 %
23%
23%
30%
30%
30 %
30%
54%
54%
*54%
55%
1 %
1%
1%
1%
1%
5
5
4%
4%
4%
*23%
8
109
8%
20 Vb
101
14%
*7%
100 %
50
&
Hecla
Cons Copper
Campbell W & C Fdy
Dry Ginger Ale com
3
footnotes
5,200
28 Vb
No par
—1
Can
5
For
10
22
21%
*30
15
Zinc-Lead
Callahan
37% Jan
Dec
—2.50
100
No par
1
preferred
104'A Jan
47%
39
21%
101
100'A
24
23%
*100'A
•
23%
102
•
.
23 %
70
1,300
C
Jun
Mar
13
*37
23%
7
Packing common__No par
California
conv
preferred
Ry Co
Southern
Canadian
Breweries Ltd
Canadian
Pacific
Cannon
*12
38
21 Vb
2
..—100
5
Byers Co (A M) common...No par
7%
participating preferred—100
Byron Jackson Co
—No par
May
45
12%
38
23%
34%
preferred
15% May
Dec
12
38
39 Vb
common—
Copper
5%
12%
*35
9%
21 VB
47
Corp
Bldg 7%
Bros
4%%
Hutte
*12
38
22 %
*93'A
Adding Machine..No par
;
1
Term
Butler
13
*35
23'A
Bush Terminal
Bush
9'A
*12%
21
BIRTHDAY
common...1
4% preferred __—;
100
3%% conv 2nd preferred.,—100
3 % % preferred
—100
Burroughs
700
1,600
1,300
9%
9%
9%
9%
39
Inc
Co
Mills
9%
9%
12%
12%
*35
No par
...
9%
share
38
9%
CLOSED
5
100
Co.—
Watch
44
Nov
NOV;
38
13
—No par
common
Shares
27
13
No par
Burlington
119
9
101 Vb
10
27
13
15
—5
100
common
Co
9% Jan
37%
26%
13'
5
2.50
El Corp 3.60%
■v.
52
26'A
13
16%
preferred
75
12%
72%
26%
12%
16%
BucytuS-Erie Co common
Dec
29%
81
share
26%
$ per
for
the Week
share
12%
BrunswicK-Balke-Collender ..No par
Mar
65
30%
Inc
Co
preferred
$3.60
S per
26%
share
57%
common
Sales
Feb. 18
Feb. 17
Feb. 16
12%
*23%
Union Gas
Bigelow
Brooklyn
Jan
9
33% Aug
Co
1,000
Friday
Thursday
Wednesday
26 %
$ per
58%
preferred
30% Feb
12% July
Feb
3'
Bristol-Myers
1,200
9%
12%
Briggs
Nov
300
29
9%
26%
share
24%
Inc.
135
29
12%
$ per
24'A
Co
9%
*26 %
$ per share
STOCK
29%
*9%
*133%
135%
29 %
9%
1,100
HIGH SALE PRICES
Feb. 15
14
135 %
29%
136
9%
9%
•
S per
Bridgeport
32
25
8%
Feb.
*93%
Tuesday
Monday
Corp of America.—
15Brass Co
No par
Manufacturing
No par
Briggs & Stratton
No par
3
10
28
Jun
*9%
9%
9%
(assented).lOO
Bearing
Airways
7% Jan
•
27
RR
Maine
96%
96%
24
27%
*134%
Brewing
Dec
1% Aug
32%
200
96%
23%
96% X*
57'A
i
,
27'A
*93%
1
(The)
Co
800
78
*93
78
23%
5
Borg-Warner Corp common
3%% preferred
22 Vb
*76
22
22
31 %
LINCOLN'S
Inc
2,700
27%
EXCHANGE
1
9%
8%
24
«96%
.No par
•;
7,300
27%
No par
A
9%
*76
-
10
33'A
24
*93%
1
—2.50
;.No par
5
Brass
&
class
Co
77,
77
i;5oo
17
95
33
9%
-21%
22%
*22
22%
78
16 %
33 %
9%
9%
9%
9%
9%
9%
22
*77
32%
32%
i.
*93%
16%
95
*93%
95
*93%
31%
11%
11 %
10%
15%
31%
—
B
Stores
Bond
26
42%
May
Co
Aluminum
Ami
Class
*15
32
*30
-32
*30
31
*29%
10%
*91
No par
Laughlin Inc.:
2,000
8%
31%
34 Vb
15%
Par
Bloomingdale Brothers
Boeing Airplane Co.
50
9'A
9'A
9
8%
8%
8%
10
700
*8%
10%
..No par
:
*
*70
*29%
LOW AND
.
16%
17
72
8%
Saturday
/-'
'
34'A
Feb. 12
Decker Mfg Co
8c
Black
12
14% Jan
9% Feb
19% May
15
72
71
31%
*15
STOCK
$ per share
30% Jan
26% Feb
12% Feb
■;
*16%
*70
17
*16%
17
*88
8%
EXCHANGE
Highest
Lowest
Highest
72
*88
STOCKS
YORK
NEW
*70%
90
"
34%
—100
No par
No par
...
72
90
com__No par
(Del)
5
16%
90
1
1
;
17
16%
33 %
10
s
Foods
,4
"
9
Best
28
30% Feb
37'A May
26%
com
89
33%
16%
*29 %
pfd $3.25 ser of 1946.No par
'Cum pfd $4 div ser of 1948.No par
26% Jan
139'A July
Dec
Loan
200
*87%
34
*72
Cum
Best &
7
30% Jan
17
Indus
1,400
90
10%
16%
*33
.33 %c
Appliances
Home
1,300
16%
33%
16%
33%
5
—
10 %
15%
16-%
33%
17
10
14,400
*33%
10'A
*10
9%
*16%
10%
400
41%
41 %
41%
16%
*16%
——.100
:
Bendix Aviation
6
Jan
preferred
42
10 %
1—
common...—10
Co
132% Jan
Oct
39%
Mar
125
93
4%%
,
20
*40
41%
10
10
*19%
42
*88
1
50
10
1
1
new
RR
30
41%
20
34
10
Mills, Inc
2.50
Shoe (A S) 4%% pfd—.,.100
13
42%
x41 %
42
1,200
20
42
*33
Beaunit
Jan
*40
*16%
100
1
pfd_:.—
conv
42
42
*40
19%
19%
20
*40
42%
42
25
common.
.
42
42
42
*19%
19%
40.
42
1,900
70
*68 %
70
*68%
70
42
42
41
19%
*68
70%
*68%
40
1
No par
Corp
Inc.
Foods
Beatrice
70
42
5
Co
Works
Iron
Bayuk
24
91
Oil
19
*21
42
50
:
19%
*68
10
common
preferred
8% Feb
71
Jan
100
Jan
34% Jan
15% Feb -4
22% May
4%%
17% Jan
Dec
80%
14
11% Jan
18
15% Feb
15%
Jan
Feb
49
11
Jan
Brothers
,
21%
*21
& Aroostook common—50
5%
preferred—.——100
Oil Corp
(Delaware)
10
Barber
Dec
13%
9
18%
100
preferred
non-cum
21
13
common.—100
Works
Ohio
&
Baltimore
8% Feb
29Va juiy
16% July
1
(B T) iuc
Baldwin Locomotive
Mills
Ry—r
1
5
No par
1.66%
No par
100
No par
25
No par
.
*19%
20%
11%
11%
*107%
109
19%
11%
*107%
19%
11%
109
20'A
•
20%
20 Vb
21%
21%
11%
12
11%
12 Va
11%
'107%
109
*107'A
108 %
107%
31%
56
-
21%
*12
107%
*38 %
39%
*38%
39 %
*38%
39%
*38%
40
*38%
17%
*17
17%
*17 Vb
17%
*17
17%
*17Va
40
1,100
6,000
70
40
*17%
1,700
17%
12%
12%
12%
%
41%
*41 %
41
12%
42
12%
*41%
13 Vb
13 Vb
13%
13%
13 %
42
42
42
41%
42
19,500
400
Volume
169
Number 4779 :
COMMERCIAL
THE
N EW
Range for Previous
.•$ per share
Range Since Jan. 1
Lowest
Highest
$ per share
'
YORK
FINANCIAL
STOCK
CHRONICLE
NEW
$ per share
LOW
STOCK
YORK
EXCHANGE
Highest
1
$ per share
Saturday
'
v",
.
"t,'v Par
■.«
Monday
Feb. 12
.
i
(811)
15
RECORD
STOCKS
Year 19-18
Lowest
&
Feb.14
HIGH
PRICES
BALK
Wednesday
Thursday
Friday
Feb. 15
Feb. 16
Feb. 17
$ per share
■$ per share
'$per share
AND
Tuesday
$ per snare
$ per share
;
Feb.
Sales
18
S per
for
the Week
Shares*
share
'
'11
Feb
18
May
48 %
Apr
56
Aug
3%
Sep
100%
Feb
•
15
Jan
53
Feb ;
8% Mar
110%
26'A
Dec
32
'
Dec
41%
30
12% Feb /'?
51% Feb
Nov
4
102.
10
31% Feb
108
17
Jan
26% Jan
Jan
28
Capital Admin class A common___i
1
$3
preferred
A_
i
Capital Airlines Inc—*
17
Feb
7
Carolina
clinch
Feb
17
Carolina
Power
35 % Jan
9
4
29
Carpenter Steel Co
>
i'
Dec
19% May
12% Jan.
Nov
43 Va
32
6V4 Mar
Carrier
52 y2
4
14% Feb
Jan
14
33% Feb
18
May
9
Dec
6% Feb
10
7% Jan
17
Jun
32% Feb
14
37% Jan
7
Case
4
Jan
.
130.".
Feb
Jan
11
x50
Nov
68 y2 May
52 % Feb
7
55% Jari
22
Feb
39%
25 % Feb
7
32
147% July
131,
138
'
Jun'
Jan
Va
2
& Ohio Ry__
Corp
I)
4%
106
=>106
July
100% Jan ,3
104% Feb
18
May
125
Feb
10
131% Jan
6
7%
34%
Jun
21% Feb
15
26% Jan
7
Celotex
17%
Dec
20 Vb
Jan
17 Va Feb
18% Jan
11
16
Dec
18%
$4.75
1st
preferred
2nd
5%
:_100
Feb
16 % Jan
3
17
Jan
21
Central
6%
Feb
11 Va
Sep
9% Jan
3
11% Jan
5 %
Dec
12%
Jun
3% Feb
9
22 74
Dec
38% July
6%
Dec
8% Mar
100 %
Nov
Sugar
Aguirre
24
Central
Central
of
18% Feb
14
24 % Jan
8
5%
7 Vb Jan
13
7% Jan
3
Central
Hudson
111
Ga
3
108
Jan
27
Central
3
84
Jan
19
Central NY Pr
22% Feb
11
35% Jan
20
tCentral RR of New
11 % Jan
26
12
Feb
18
Central
&
10Va
Dec
15
May
10
Feb
15
11% Jan
21
Central
Violeta
7%
Dec
11
Jun
7 % Jan
5
14
Century Ribbon Mills—,
18%
Dec
28%
12 %
Nov
20
May
24%
Feb
33
Jan
17%
Feb
26%
Jun
90
Feb
Apr
100%
■
Jan
15 y4
15
21 Va Jan
11
10% Feb
11
13% Jan
0
24 % Feb
15
27
Jan
18
20% Feb
92% Jan
10
24% Jan
7
96
7
17% Feb
Jun
25 74 Mai-
30
31 74
May
3
de
Pasco
Certain-teed
Chain
Belt
Jan
31 VB Jan
3
34% Jan
Jan
79
Jan
7
85
Feb
3
July
4
Feb
14
5% Jan
21
21
7
7%
Feb
17% July
8% Feb
7
11% Jan
9
Nov
14% May
9
Feb
11
11% Jan
7
6
Jan
12% July
7% Feb
11
10 Va Jan
11
Class
21%
22
5,300
=>17%
17%
17%
17%
17%
17%
18
18
300
16%
16%
16%
16%
18%
16%
10%
10 V*
10%
10%
10%
10%
4%
4%
"4%
4%
"18
16%
16%
9%
iovb
•>4
4%
,
11 Vb
11%
10%
10
10
107
7 Vb
20%
500
7%
7%
1,700
106%
•>106%
107
107
"82
24 %
24%
11%
11%
11%
10
10
20
106%
'83%
23%
17%
18%
17%
—1
10%
11
10%
11%
11V8
11%
25
24%
24%
24%
24%
=>21%
22
22
22
=>95
97
"9o
9 7
____No par
%
=>7%
5
7%
7%
22 %
_1.25
22%
=>22%
25
31%
84 Va
84%
<iit
"7%.
7%
23%
Jan
7%
Jan~h
22% July
15% July
414 Mar
9%
7% Mar
13 y4
30
Apr
10
7% Feb '
7
18% Jan
Jan
3
7%,
Jun
3% Feb
11
5% Jan
7
July
41% July
5% Feb
11
8% Jan
7
7%
28% Feb
5
Class
33% Jan
7
Series
Dec
23% July
49% July
10% Feb
11
15
Jan
7
31% Feb
15
36% Jan
8
26
25
Feb
11
29% Jan
7
Dec
40
May
49% Mar
57
Jun
49% Jan
20
51
Jan
3
25%
Feb
42%
Sep
29 Vb Feb
15
34% Jan
21
45%
Jan
72%
74
5%
20
10
July
14'%
Feb
15%
Oct
04% Jan
4
Jan
Oct
12% Jan
3
12% Feb
84%
"84 VB
V8
900
4%
4%
4%
4%
4'A
1,500
40
9
9
8%
8%
9
9 VB
9%
9%
9%
800
9%
9 Vb
9%
9%
9%
9%
9%
7,800
•>7%
9%
"7%
9%
8 %
8
8
a
"14%
14%
14%
7%
7%
8 VB
8
"3%
4 %
4%
6 Vb
6vb'
14% Feb
5
16% Jan
5 Vb Jan
"4
.
9
31%
32 Vb
8
7
36
Jan
8
Chile
58
Jan
7
Chrysler
23 Va
Feb
29%
Jun
27% Jan
11
29% Jan
24
90
Nov
97% Jan
4
103 % Feb
11
3
15 Vb
Jan
27% Mar
21
-May
38% Aug
1176
July
176
Jan
88
Jun
Childs
34%
Feb
43
Dec
Cincinnati
4%
18% Jan
7
City Stores
30% Jan
8
Clark
82
Jan
5%%
42% Jan
108%
Jun
105
Jan
11
105 *
Jan
11
69'%
78% May
70% Jan
13
73
Feb
17
39
Dec
47% May
39% Jan
13
43
Jan
Dec
18% Mar
12% Jan
3
15% Jan
35%' Jan
25% Jan
134 Va
60 %
1332
31
Dec
Dec
July
Cleve
:
20
Clinton
12
Clepay
138% Jan
8
Jan
12
7%
82% Jan
28
4%
Jan
Jun
July
45%
Jan
287b
"10234
103 %
Apr
152
3
Jan
63
Feb
1075
Jan
29%
Feb
89
14
$3.50
7%
21 Vb
2174
43%
43%
44
27
27
"26%
27%
Jan
24
24
12
Jan
7
Nov
18% July
Feb
10
13% Jan
8
47c
non-cum
Dec
17% July
32 Va May
9% Jan
3
11% Jan
10
4%
non-cum
2nd
3
24% Jan
10
Columbia
Class
"106
13%
474
140
"6234
27
13
3
Jun
21% Feb
10
24% Jan
47% Jan
17
49% Jan
95
Qct
Jan
12
16% Feb
15
17% Jan
$4.25
3
3% Jan
LINCOLN'S
"9174
14%
14%
17
17 7
91
92%
BIRTHDAY
91
140
82
SALE
Wednesday
share
136
136
61%
29%
"91
100
14%
14%
17%
"17%
Broad Sys Inc cl A—2.50
19%
19%
19 74
19%
19%
10%
10%
1034
B___
.2.50
:
6174
-r_
30 %
cum
Inc—No par
common—No par
No
preferred ww
Carbon
par
No par
Co
3.60%
10
■
8
"49 3
Inc
preferred
Solvents^
"91%
9174
"9
14 7b
14%
17%
1774
17%
"9%
11
"9%
11
"9%
1074- '
19 %
19%
xl9%
19%
19 %
19%
19%
1974
19 V*
•>183>4
19%
19 VB
117a
11
8
"7%
51
4934
11 Vb
8
11
734
8
49%
50
50
"49%
51%
2934
29%
29 %
30 74
30
30%
30%
30%
900
39 34
39%
3.9%
39%
39%
3974
39%
39%
39 74
3,500
"50
52
2238
227a
21%
22
22 3 a
22%
22%
22%
22 74
47%
4734
48
48 %
48%
47%
48%
47%
48
"22
97
96
97
97
26
26%
25%
26 V4
25%
26%
7%
7%
preferred
series—_No par
—-,.25
Inc—No par
7%
7%
"7%
97
96%
97
%
16%
16%
17
3%
3%
8
11
30
Feb
1
Congoleum-Nairn Inc
No par
"29
29%
29%
29%
29
29%
25 Va Feb
11
26% Jan
25
Consolidated
Cigar
No par
"28
28%
"25%
26%
25%
25 Va
Sep
3% Feb
16
4% Jan
21
Consolidated
Coppermines Corp—.5
3%
3%
Mar
25 Vb July
21% Jan
3
23% Feb
2
Consol Edison
22
22%
No par
107%
107 vb
107
107 Va
107%
107 %
12.%
12%
12 %
"12 Va
12%
8%
8 Vb
8 Va
108 %
Dec
5
107% Feb
10
Jun
12
Feb
10
14% Jan
8
Consolidated
12%
Jun
8
Vb Feb
16
9
Jan
5
Dec
51
Jan
41
Feb
5
46
Jan
22
Consolidated Laundries Corp.
Consolidated Natural Gas_
Dec
29%
Sep
14
Feb
10
21 vb Jan
7
preferred
Consolidated
4
22%
x!8vb
7
3%
22 Vb
Feb
Grocers
Consol RR of
3%
4
of N Y com—_No par
11% Mar
12
29%
Dec
98 %
July
Sep
33 Va
Dec
Oct
90
10% Mar
35%
Jun
Cuba
Corp—1.33V3
Q%
Retail
i_5
15
Stores
12%
22
22%
3%.
8
28%
"25
3 3/4
22
8
"96%
17
3%
"96 %
26
8
97%
17'
Vultee
97
1,400
26 vb
8
1,300
29
28%
28%
26
"25%
25%
3.800
22 '/a
22 vb
22 %
10,000
1,200
4
107%
107 Va
107 Vb
1073/b
12%
12%
"12%
12%
8%
"8%
8%
44
44%
44%
45%
45
45
2 500
1434
15
14%
14%
14%
143},
14%
15%
14%
1434
2,300
•—1
11%
11%
11 %
11%
11%
11%
11%
"8%
1
8%
8 3/8
8 3/8
83/B
9
8%
9
"11
11%
"8
"11
8%
8%
8%
8%
8%
1,400
8%
9%
9
9 %'
8%
9%
8,100
33%
1,300
15 vb Jan
13 VB Jan
21
$5.50
33%
33%
33%
34
33%
33%
33%
33%
1,100
97
"95%
97
14%
89%
89 %
90
33
32%
33%
No par
"98%
100
99
July
97% Jan
11
8% Feb
11
98% Feb
9% Jan
2
13% May
7
Continental
Diamond
59% Feb
18
63 % Jan
19
Continental
Insurance—..
$3.75
"96
•
32 %
Oct
Can
97
89 74
Nov
preferred
Continental
"96
33%
32%
"13%
9
24
310
33%
32%
——No par
90% Feb
35% Jan
**«or'rM
106%
33
common-—20
Jan
tp»
106%
106%
preferred—
L—
100
Continental Baking Co com__N.o par
31% Jan
fnntr>o+»c
106
107%
4%
May
For
106
106%
13
Jan
92%
Oct
105%
106%
97
40
64%
106
106 %
Jan
95
Nov
8%
105 %
107 Va
Corp of America com_-_20
29 Va
48 % Mar
105
107
Container
preferred
preferred
84 Va Mar
92
105
107%
22
99 % May
85
106%
107 %
37% Jan
33
Sep
33
105
Feb
Jail
Inc
400
"8%
No par
$4.52
42%
100
No par
—No par
13
$4.50
600
44
10c
Inc
Inc
Aircraft
Power Co com.
Consumers
100
"3%
43
27
»
1,000
3%
43%
26
3
12,200
43%
Jan
14
93,000
"8
Jan
Feb
106% Jan
260
3,600
3%
8%
108
3
105
Dec
17% July
33%
Consolidated
600
100
pfd
Consolidated Textile Co
"8
107% Jan
30% Jan
106% May =
106%
200
1,600
'
100
1.900
30%
4
28 % Jan
26
600
34,400
39%
May
Jan
19 VB
11
170
2,500
3074
6% May
9% Jan
8%
96%
36% July
12
8%
96%
32
10% Jan
10%
26%
Dec
7
"18 3/4
8%
26
27%
3
19%
11%
96%
x24%
10
.
3%
97 V8
Dec
Jan
8 74
16
Conde Nast Publishing
8% Feb
310
11
97
Commonwealth Edison Co
8
1,800
"97/2
33,8
8
10% Jan
6,000
9%
1134
16%
7
16% Mar
1774
18 74
9%
11
96%
25
15% July
16 34
1874
'
1074
3%
9% Jan
15% May
2,300
1074
16 %
98% Jan
Dec
2,000
1774
1074
96%
27% Jan
Dec
330
1474
1074
3%
3
Nov"
92
1074
16%
3
8%
210
4,900
'
96%
11
7%
1,000
39%
92
xl3%
3%
7% Feb
10%
30
16 %
$5
63
30%
96%
89% Jan
19
30
100
$G
136
"62
Shares
"1075
No par
25 vb Jan
37%
136
63
47%
*
Apr
Xl06% Jan
136%
"61%
"1050
for
the Week
10
Commercial
11% May
Dec
136
Sales
Feb. 18
$ per share
No par
Credit common
29% May
8%
Friday
Feb.17
Engineering
Dec
103%
Thursday
$ per share
Commonw'ith & South com—No par
100% Jan 31
82
"80
14%
17%
1
System
Superheater
22
"10
140
"138%
82
913 4
14%
"17%
11
Nov
21
140
"80
Feb. 16
$ per
a
"9 %
8%
4
"13874
PRICES
"1050
30%
preferred—100
Commercial
7
Jan
3
63
29%
10
Columbian
7
July
29%
No par
Columbus & Southern Ohio Elec
24
53% July
135 74
62%
"1050
10
Combustion
28%
"80
93i
51
Jan
"13874
17%
Pictures
Feb
1,400
18%
Gas
18%
2,300
9%
Columbia
36%
43/4
28%
17
Columbia
Jan
4%
2874
18%
7
41% Feb
474
28%
934
10
32 % Jan
500
4'%
28%
18%
21
3
135
64
'
29 %
20
27%
474
2874
17
11% Jan
9% Jan
3
135 %
135%
"1050
30
2,900
4%
Feb. 15
$ per share
"26%
14%
2874
] 838
23% Jan
17
1uesriay
»
Feb.14
Sper share
73
"44
1474
16%
4
49% Jan
Monday
HIGH
"71%
27%
180
1,400
108
"42
1474
9 7B
3
35% Jan.
82
73
2774
24%
"106
44
14
17
10
29% Jan
140
"80
27%
73
"42.
18 %
7% Feb
Jun
28 %
"138%
82
27%
5
28
14 74
5,400
110
24%
108
9 7a
10% Jan
Jun
27
27
1374
"106v
-
39%
"109
23%
18 %
19
Apr
1374
393/e
40
109
23%
16 3/4
Jun
78%
108
"106
39%
109
934
13% May
43%
23%
16%
14%
37 %
40
109
23%
18%
31% May
Dec
108
38%
109
9 74
Sep
Feb
23%
18%
Feb
Dec
38%
109%
23%"
16 74
7%
29% May
STOCK
Corp com....No par
10%
106
3774
109%
474
"80
CLOSED
preferred
conv
Dec
Dec
'85
20
5%
Nov
25
"82
Colorado & Southern Ry com—100
20
90
85
.No par
Aikm'an—
20 %
3%
"82
26 34
"138%
EXCHANGE
1st preferred
104
85
28%
No par
19
Feb
"82
14%
No par
19% Jan
Jan
85
LOW AND
4
Nov
"82
108
47b
Feb. 12
900
170
39%
28
Saturday
400
"150
23%
x2634
S per share
17 74
27%
"26%
170
111
"106
100
"17
273/4
900
82%
"150
73
3
2 %
38
.100
17 74
27%
300
7
7
"78
85
110
—1
"17
270
500
3,800
273/4
"27
7
82%
170
44
14
35%
1774
2674
27%
"674
"78
"151
"71
9 VB Feb
28%
2674
"27
103
103
170
"42
15% Jan
Feb
"17 74
103
"150
72
17% Jan
Feb
82 74
44
Oct
19
27 Vb
7
"78
"71
Oct
10
17%
27 Vb
*.
103
170
"23 %
(The) common.No par
Iron
17
17 Va
28
•7
7
82%
"42
Mills Inc
&
27
"6%
"78
73
Jun
90
17 Vs
27%
1
27
7
82%
44
22%
Xl6
"
%
14
18%
49
6
"71
Dec
9%
"
"78
103
"42
Corp
50
60
2074
103
50
—
Colo Fuel
11,400
42%
STOCK
Internat
&
28%
_50
Feb
Colonial
28%
2074
gtd
Feb
Collins
19% Feb
2974
—No par
12%
17% Jan
28%
433/4
stock
16
93% Feb
29%
20 34
100
preferred
8
19,100
4374
No par
*
26% May
14
54%
"2074
preferred
25% May
17
53 %
43%
-5
Sep
Feb
5474
20 Va
—
Feb
Jan
5374
102 3/4
5
Nov
17
54
43 %
100
A
xl3% Feb
5374
4,200
34
"32%
"20%,
Colgate-Palmolive,-Peet com__No par
34% Jan
34
102%
—,
Class
"32%
20 %
preferred..
2nd preferred
Coca-Cola
3274
43 %
No par
RR Co
Coca-Cola Co
11
5
47/b
55%
20%
Par
12
6
Jan
4
54
43%
$ per share
60% Jan
474
547=8
10
EXCHANGE
130% Feb
1075
-
4%
"54 74
No par
Machine Co
YORK
1574
474
53%
23
29%
—100
100
32 %
32%
29 %
16
11
32%
28 34
15
22%
34
54
96
9%
"32
52%
cum
NEW
67
1,100
50
53%
55
53 Vb
Industries Inc
Highest
.66
4
4%
"52%
STOCKS
Dec
x87%
4 %
4%
55
Corp——
1
Peabody & Co com—No par
Cluett
2
4%
com_—_8.50
Elec
&
Special gtd 4%
Jan
66
57/,
"53
Illuminating com__No par
Pitts
r
•>65
30 %
52%
Climax Molybdenum
5% Jan
30% Feb
$ per share
"49%
30%
2,50
preferred
&
29 Vb
-25
Graph Bronze Co com
30%
Lowest
50
.100
"82
3
140
—1
—
100
4
$ per share
63%
12%
10
"150 '•
Range Since Jan.1
1332
600
20
3
Highest
183
67 %
100
Jan
Year 1948
$ per share
67%
—
Range for Previous
Lowest
67
•>49%
'
St Louis Ry Co com
27% Jan
3
2,500
5%' preferred-,
19
Jan
30 %
Co
non-cum
Cleve
26
12%
78
30
Equipment Co___—,—
C &
$4.50
3
Nov
July
30%
preferred
Cleve Elec
3
26
Oct
C
5%
20
112% Feb
25% Jan
92 % May
30%
City Investing Co common
.
C
16
147
30%
RR
City Ice & Fuel
16
15
Dec
"48
preferred—
26
10
Feb
49%
I T Financial Corp
26% Feb
Feb
75%
49%
3
Feb
137
50
Pac
Gas
16% Jan
4%
50%
12
23
Jan
=>49 Va
27
109
10%
preference_.No par
Feb
Jun
36% May
26%
7% Jan
82
Apr
Nov
26%
C
34 %
Dec
26
Cincinnati Milling
111%
Dec
26
7
Jan
4%
25 Va
3
Nov
27%
25%
Corp—
8
37% Feb
25
Jan
22%
23%
Copper
4
20
25%
common
Feb
Jan
25 %
preferred
Feb
82
4,200
com__No par
45% Feb
29% Jan
105 y2
105
Co
5 %'/«
July
80
Jan
6%
32%
30 V*
"14%
3
80
31%
"11%
15
25
3,400
32
20%
15%
Jan
Jan
11%
31%
30
12%
32% Feb
Apr
11%
31%
25 %
30%
"11%
51
Jun
11%
31 %
"14%
Jun
10
11%
31%
1574
Jun
84%
11%.
31 Ve
12%
65%
33
11 Vb
32%
"14%
42
Dec
13,800
11
31%
*11%
Nov
Dec
30%
11%
30%
11%
30 Vb
11
100
No par
com
15%
Feb
Dec
9,500
13%
50%
7%
800
6%
"14%
31
75%
4%
6
•>12
7
24%
4%
6%
15%
Jan
600
4 Va
13%
60
22
30
30%
1,000
8
"14 V2
4
3
Is &
30%
900
14%
8
=>12%
3
11
100
6
6
9.830
8
14%
%
Chickasha Cotton Oil
Jan
Feb
vtc
4%
6
14%
65%
Jan
42% Jan
=>3%
6
8
65 Va
4
x20
4
5%
14%
"7%
preferred series A100
Chicago Yellow Cab
-No par
53
May
4
Conv
Apr
48% July
'>7%
84
30
63 % May
27
14%
7%
32
84
29 Va
Oct
101% May
14%
=>7%
31%
85
Co__No par
Nov
Jan
preferred
Chic Rock
2%
19%. Nov
14%
25
vtc__No par
P
Northwest
convertible
44%
36%
class A
preferred-
S3
19
4%
_50
,±_-.
Chicago Pneuma-t Tool
4
19% May
A
300
32
Louis Ry Co
Chicago &
Dec
.
500
23
31%
No par
13%
23
84 %
B
33%
6>
7%
7%
23%
800
,
4
—
Paul &
97
85
(The)—^—
St
22%
"96
31%
preferred.
Chic Milw
300
"22%
4
8 %
&
10,000
25
•>84
9 %
5%
11%
%
3.90 J
4
1
Chic Ind
%
'97
"22%
18 %
4
Chicago Great West Ry Co com—50
7
10
11
400
8
25
2"
%.
'
13% Feb
18%
11%
'
12
27,400
10%
"7%
com—No par
111 RR Co
Chicago Corp
12
%
25
"96
y
11%
"10%
8
18%
.
18 %
22
"22%
7%
"7%
97
"95
23
31%
31%
100
21%
18
1,400
10%
"24%
17%
■
24
11%
11 Ve
=>24
18
30
84
23%
24%
"9%
.___5
8%
107
"82
84
'>7%
"7%
200
20%
"81%
8%
1,100
3,500
7%
19%
24 Va
24
■
"7 Vb
83%
=>81%
200
104 %
104%
"128
130
3%
No par
A——
20
7Vb
7%
11%
4%
"19
19
=>106
"4
"128
=>7%
Mfg
Chic & East
30
22
=>10
9.50
Chesapeake Corp of Virginia
Chesapeake & Ohio Ry common
3 % %
convertible preferred
9
130
21%
ll'/s
com_5
Checker
90
103%
21%
No par
7
45%
103%
130
21%
24 Vb
7
Dec
103%
•>128
21%
83
8% Jan
Dec
•>103%
128%
21%
22%
107
28% Jan
Feb
104%
128%
130
24
preferred
Cab
=>103%
128
4 Vb
5
Feb
104%
=>103%
Champion Paper & Fib com_.No par
$4.50
12,800
•>81
Co
20
5,400
27 Vb
9%
Copper Corp
138
"137
54 %
16%
Products
2,800
27
'>106
;.
33%
54%
9%
Corp
139
1,100
33%
34
"137
200
,
54%
4 Va
Co.,—
137
137
\
6%
27 Vb
—100
West
33 %
1,500
'
6%
26%
pfd—1C0
Sugar
33 Vb
13%
33%
"
53%
16%
11
6% Feb
22
Feb
Cerro
South
32%
13 Va
33%
6%
26%
_5
pfd
Corp 3.40%
13%
33%
-
6%
53 %
Jersey—*.—_ 1C0
Light 4%%-
13
"32
6 Va
26%
7 Vb
81 % Jan
13%
%
6
136
=>18%
104% Jan
500
53%
7VB
Jun
6,300
32
26%
18%
Nov
28
32
53%
7 Vb
May
28
31%
26%
18%
83
70
28
31%
52%
100
39%
Jan
136
B
108
8
32%
Corp__.no par
Jan
107
27%
33%
"32=
6%
series
Oct
13%
13%
G & E
7%
106 %
27%
53%
_1
vtc.,
106
1,700
31%
27%
"31,
33%
%
32%
No par
■
106
100
5%
26%
•>17%
Ry Co vtc
preferred
6
33
21%
Co—
Foundry Co
7
13
=>32
6%
137%
20
Jan
6
13'
53
5%
53
-No par
preferred-
•
'
5%
26%
100
——■
common,
13%
33%
%
•>136
No par
preferred
Corp
106 Va
5%
'
13%
32%
1.N0 par
106%
31%
"12%
"50
13
53
5%
27%
31%
"12%
"50
■>5%
106
27%
31%
12%
53
•>50
5%
27%
6
Celanese Corp of Amer-com__No par
105
4
53
=>5%
■
27J/e
•>32
_„w__^25
Co common,.
12%
13
=>50
'>31%
'•
1
_1
7%
preferred
—J,
Caterpillar Tractor
140
76%
=>12%
5%
106
_Ll0
^50
;
series-^
Corp__
7
Feb
.
i
common-,
7
Feb
Dec
5%
LINCOLN'S
BIRTHDAY
Jan
Feb
7%
13
53
•>50
100
par
—5
:
General
&
iJ
:
74
'•*12%
CLOSED
1
& Light—:.__No
Conv preferred
Carriers
22%'
97
123
STOCK
EXCHANGE
_10
'
12ya
30
3 5 Vb
6% Jan
5% Jan ;* 3
July
17s
preferred
Fibre
13%
"98
13%
100
—5
8%
8%
"83/g
8%
-10
59 34
60 Vb
59%
5934
32%
"96
13%
32%
33
33
97
"33%
"96
97
13%
13%
13%
13%
13%
89 %
89 %
"89%
90
89%
90
<33%
33%
34
34%
34%
34%
99%
"98
99%
"98
8%
60
"98
8 3/8
8%
8%
8%
60%
60%
60%
59%
660
800
420
4,500
99 Va
8
%
700
59%
1,500
16
THEv COMMERCIAL
(812)
Range Since Jan.1
Year 15)48
Highest
share
6
$ per
Jun
6% Feb
Feb
69%
Jun
19%
Apr
13% Feb
24% Feb
Jun
33
19% Mar
56% Jan
11
18
15% Jan
3
14
29% Jan
24
5
55% Jan
14
12% Feb
17
21%
Oct
15% Feb
50%
Nov
49% Jan
10
15%
50
Feb
57%
July
18
Nov
23%
Oct
88
Nov
97% July
86
Oct
98
56%
Dec
9
Jun
164%
Oct
3%
Dec
14
50% Feb
v
15
7
54% Jan
12
Corning
Jan
10
99% Jan
25
98% Jan
21
Feb
62
6
6
178% Feb
18
3 % Jan
7
3% Jan
26
57
preferred.
1
pfd 3%% ser of 1947
Products Refining com
Corn
4
Jan
171% Jan
Jan
5'A
7%
Coty
i
Dec
3%
Feb
2
Jan
3
2% Jan
8
Coty International Corp.—
Feb
1%
29
39%
Jun
28
Feb
11
32% Jan
7
Crane
98%
Jun
99
Jan
14
99
Jan
14
8% Jan
9% Jan
19
Feb
25 % Jan
Sep
92%
8%
Dec
Mar
x21
Jan
13
23
Dec
24%
17%
Nov
36%
Dec
Dec
34%
23%
91%
Feb
129
27% Jan
8
~
20%
Dec
65% Dec
Dec
25
Feb
12%
155
Apr
4
Jun
20
Jan
24
Jan
7
Jun
66
Jan
72% Jan
24
70
12%
2,000
1,500
*54%
54%
54%
11%
12%
12
12%
12%
12%
12 %
12%
16
16%
16%
16 %
16%
*16%
16%
16
16%
*51%
51%
51%
52
52
52
52
52
9%
9%
9%
1
—2
9
98
94
94
*94
97
22
21%
22%
22%
22%
70%
70
70
25
24%
24%
340
13%
2,300
6%
RR
20%
25
non-cum
27
7
Cuneo
Jan
7
Feb
13% July
5% Feb
15
Cunningham Drug Stores
Curtis
Publishing com
Jan
14
129
Jan
19
$7
47% Jan
4
50
Jan
19
Prior
9% Jan
31
3
24% Jan
8
137
Jan
100
Class
common
A
16%
49
9
26'A Jan
7
Inc
Cutler-Hammer
23
23
*12
12%
*12'A
12%
16%
*16%
16%
*120
*22%
48%
24%
24%
500
9%
29,200
22%
2,500
22%
*132
23%
22%
48%
9
140
23%
22%
23
*48
9
22%
22
*132
140
20
125
*120
48%
8%
9
22%
22%
*132
400
14,700
6
5%
125
*48
1,000
16%
16%
6
*120
125
8%
9
22%
140
5%
6
48
22
...
1,700
7%
74
12%
49
*132
300
*71
5%
125
1,400
178
7%
7%
110
110
74
16%
8%
9%
140
7%
100
3,900
*71
12%
*48
22%
21%
*132
7%
13%
*160
178
42%
24%
24
74
*72
*120
49%
13%
13%
*160
5%
5%
122
122
13%
16%
*16
5%
25
178
7%
*70
12%
12%
12%
No par
No par
—No par
1
—1
pfd
100
—No par
7%
70%
26
13%
*160
74
*70%
12
5%
178
7%
'
74
*16
_
Cushman's Sons Inc 7%
4
7%
7%
5
preferred
preferred
Curtiss-Wright
7
21
*70
Inc—2.50
Inc
Press
22% Feb
x31% May
100
10
1% preferred
Cudahy Packing Co common
4 %%
preferred..
*24%
13%
13%
*160
178
70%
24%
24%
13%
13%
*160
24%
70%
*70
70%
100
pfd
69 %
25
*41%
43
*41%
100
preferred
conv
Jan
20
1,400
*21
Jan
Feb
17'A
*41%
24%
*94
18
Jan
17%
41%
24
94
13
7% Jan
17%
41%
21%
73
21
17%
17
24%
21%
4
136
400
24 %
44
17
100
1,200
24%
94
11
Sep
24
20%
*94
No par
com—No par
of Amer
17
July
24
9
98
Steel
Jan
28%
24
100
9
%
3,800
29%
28%
*98%
9
No par
preferred
preferred
16% Feb
137
9
96
12
122
17
9
*95
Jan
Aug
23%
17
8%
97
88
May
12% July
29%
100
*94
24%
61
28%
*98%
100
96
17% May
150
1.500
*95
Cuban-American Sugar common..10
Feb
2,000
2
96
Cuba
Dec
140
3%
2
95
10
47%
178'%
3'%
95%
27
122%
2
2
95%
15% Jan
7
178%
2
3%
24
5,400
60%
24%
30% Jan
17% Jan
8%
60'%
3%
178
178
3%
2
29%
10
100
*98%
60%
*98%
23%
23%
178
3%
29
99
8%
60
24'%
15
67% Jan
2%
29
99
9
*98%
5176%
%
28%
100
18
July
100
60 %
60%
2%
2
28%
*99
13% Feb
8
*98%
60%
3
24% Feb
8% Jan
99%
178
Jan
7
3,700
99
100
■1 Vi
Aug
7% Feb
21 %
99
21
*99
24%
5%
Jun
21 %
21
100
*176%
3%
*23%
290
21%
21
178
2
51%
*99
176%
28%
51%
51%
51
21
99%
730
1,000
9%
9%
9%
100
*98
99%
3 '/2
51%
9%
21
100
*98
51
•52
52
9%
9%
*51
*99
21%
21
9%
51
51
50%
*99
17%
13% May
900
12
15%
34
177
*
24 %
Zellerbach
Dec
21% Mar
54 %
55
17%
Dec
Feb
54%
*54%
43
Dec
Feb
55
55
*17
11%
Jan
54 %
27
*40%
15%
4%
28
27
25
(The.)
67%
18%
*27%
15
26
59%
America
Dec
133
200
27%
14%
25 %
25
7%
7
7,300
27%
*14%
14%
—No par
Corp dbiri
5
$4 2nd
7 8'A
13,700
14%
Seal com._._—£-50
Crucible
28%
6%
51%
*14'%
&
Cork
$4.20
25
Jan
96
Feb
94
Jun
$2
Crown
97% Jan
94% Jan
103% July
Dec
Feb
6%
50%
14%
preferred
Crown
7
17
24
Jun
95
19 % Jan
41% Feb
6%
51%
14%
—100
Cream of Wheat Corp
12
16% Jan
6%
50 %
15
60
common
of
6%
50%
*
59%
preferred
Creameries
36% Jan
26% May
46% Mtfr
Co
3%%
6%
49%
—100
1
1
preferred
Inc
6%
49%
25
BIRTHDAY
5
100
10O
common
Cum
Mar
66% Mar
6%
48%
1
3%%
3
Glass Works
share
Shares
6%
14%
Bank & Tr Co—20
Corn Exchange
20
Jan
92 % Jan
94
July
177
Dubilier Electric Corp
Cornell
22
4
LINCOLN'S
go—No par
Copperweld Steel Co common
5
Convertible pref 5% series
50
6
Feb
52
14
20% Jan
19% Jan
vcr
S' per share
49%
24%
ha..ge
Copper
11% Jan
4
Feb
Nov
9'A
$3 prior preferred
$
for
the Week
Feb. 18
Feb. 17
$ per share
6%
CLOSED
common—5
j,
No par
Corp
$ per share
$ per share
Sales
Friday
Thursday
Wednesday
Feb. 16
Feb. 15
48%
STOCK
EXCHANGE
14
Corp
Cooper-Bessemer
10
Feb
13
1
5
of Delaware
Steel
Continental
7
42 % Mar
Oil
Continental
HIGH SALE PRICES
AND
Tuesday
Feb.It
Feb. 12
$ per share
Par
Continental Motors
7
Jan
54
July
;
$ per share
11% Feb
55
x49% Mar
Monday
LOW
EXCHANGE
8% Jan
14
47% Feb
Mar
14
Saturday
STOCK
YORK
NEW
Highest
$ per share
share
10%
46%
'
Lowest
Feb
$ per
RECORD
STOCKS
Range for Previou*
Monday, February 21, 1949
CHRONICLE
FINANCIAL
STOCK
YORK
NEW
Lowest
&
140
24
24
9^
25%
...
900
D
Jun
22% Jan
5
27
Feb
4
Dana
1
Oct
•94%
Jun
87
4
92% Feb
1
*90%
13%
Dec
20%
Jan
12% Feb
Jan
24
.100
Davega Stores Corp common;—2.50
5% conv preferred
——20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
7
92%
85
•
Jan
14
14
Corp common
pfd series A
3%%
14%
Dec
17%
Jan
13
15% Jan
31
18%
Feb
283A July
17% Feb
11
20'A Jan
7
24%
Feb
31%
26'A Jan
3
30'A Feb
3
82%
Nov
94
Jun
92
Jan
4
95% Jan
21
Preferred
3.75%
series A
84
Sep
>94
Jun
92% Jan
11
95% Jan
20
Preferred
3.75%
series B
15
Jan
Aug
15.%
3
9'A Jan
Jan
8%
Nov
8%
Sep
13%
Jan
6% Feb
2
Dec
42
Jun
25
Feb
18
Dec
46%
Jan
32
Jan
4
27
31%
29%
Feb
34% May
31% Jan •3
38%
Jan
50 %
37
Jun
8
10% Jan
Jan
34% Feb
34
-
2
Jan
24
Co
&
Deere
7%
11
40% Jan
21
9% Jan
7
Delaware
Lack
13'A July
7% Feb
14%
Feb
393A July
22'A Feb
11
27% Jan
7
Escrow
ctfs
for
July
44% Feb
16
50% Jan
24
Escrow
ctfs
for
Jan
3
Apr
213A May
Dec
60%
56
Dec
8%
22'/a Mar
20
Feb
58
Jan
3
10
55'A Feb
Oct
11
7% Feb
18
9% Jan
7
23'A Jan
Jan
13% May
26%
22
17
24'A Jan
22
11% Feb
11
Dec
16%
Jan
19%
Dec
28%
Jun
19% Jan
3
22
Jan
26
46
Jun
37'A Feb
18
40
Jan
7
Jan
6
45% Feb
1
38
Feb
46% July
42
11
Dec
19% May
11
13
Mai-
xl9% May
12
3
Jan
8
15% Jan
6
Distill
Feb
18
17
Jan
8
Divco
24 'A Feb
14
30
Jan
18
Dec
20%
Oct
13
25
Nov
41
Jun
Dec
56
Apr
48'A Feb
10
Dec
23
Jan
10% Jan
3
Feb
28'A Feb
Jun
40
3
33
11
Jan
Dr.
Dome
21
Douglas Aircraft
Dow Chemical Co
106%
Jun
103
Feb
7
105
Jan
11
$4
Feb
106%
Oct
101'A Feb
7
108'A Jan
21
Nov
31%
22% Jan 26
Dresser
Jan
12
Jun
19% Jan
,3
84% Jan
3
86% Jan
21
Jan
3
13% Feb
1
Dunhill
May
11
Feb
14
Jan
5
188% July
179
Jan
4
187% Jan
21
Jan
124%
Jun
120
Feb
8
121% Jan
21
Feb
12%
99%
Jun
97% Jan
3
101
27
Dec
Mar
164
113%
94
111% Aug
10% Dec
18
13
Jan
113 % Jan
3
115'% Jan
10% Feb
10
12 'A Jan
Lowest
$ per share
Lowest
33%
5,100
31%
31%
31%
31 %
32
32
32
38
38
38
38
38'%
37 %
37%
600
8
8
8'A
8%
2,700
21%
58
*37%
8
8
*25%
8
8%
22%
22%
22%
23 %
23%
23%
23'%
'44%
44%
44%
44%
45
44
%
44%
1,600
21 %
21% I
21%
21%
21%
21%
8,000
21%
7%
8
*24
12
7%
59
*56
59
8
24%
*11%
1,200
'
*56
*24
8
2,600
7%
7%
8
7%
24%
*24
24%
*24
24%
*24
24%
12
11%
1,000
59
*56
59
*56
*11%
12
*11%
12
'11%
12
*19%
300
20
19%
20
19%
19%
*19%
20
38%
38%
38%
38 %
*37%
38 %
19%
38
38
37%
3 7'A
*43
20
44
43%
43%
100
400
44
11%
*43
44
*43
44
11%
*43
*11%
12
*11%
12
11%
11%
11%
11%
400
13%
13%
14
13%
13%
3,900
13%
13%
13%
13%
13'%
*13%
*13%
14
*13%
13%
13
13%
200
24 Va
24%
25%
25%
26
26
*25
26
26
26
400
49
49%
48%
48 %
*48
49
49
*49
49%
11%
*11%
11%
400
11%
30
30
30%
2,600
14%
14%'
14%
14%
14%
14%
6,500
14%
14%
*49%
50%
51
52:%
46%
46%
46%
46%
%
104%
*103%
104%
*103%
101 %
101%
101%
101%
103
20%
20%
20%
20
20%
56'%
57 %
55%
46%
47%
46%
57%
7,300
47
8,700
104
104
104
103%
101%
101%
103
102%
103
20%
21%
20%
1,200
21%
21
*82
1
85
*82
85
*82
85
*82
85
*82
*11%
12%
*11%
12%
*11%
12%
*11%:
12%
11%
*10%
11
*10%
11
*10%
11
*10%
11
181%
120
*120%
99 %
99%
99'%
No par
•99%
99%
10%
LOW
AND
HIGH SALE PRICES
Wednesday
Feb. 15
S per
$ per share
$ per share
11%
Tuesday
Feb.It
Feb. 12
*10%
share
Feb. 16
,
600
183%
184'A
120
120%
500
99%
99'A
183%
120%
181%
*120
99
09%
800
115
11
11
100
10%
400
Sales
Friday
Feb.
Feb. 17
$ per
8,600
115%
10%
Thursday
$ per share
%
115
115
115
*114
Monday
Saturday
Par
120%
10%
11
*10%
182 %
120%
*98%
115
*114
115
*114
182
120%
181%
181
182%
120
STOCK
6,700
85
12%
11
No par
400
103%
*11%
100
$ per share
29%
14%
50c
1st pfd——100
5
YORK
*11%
28%
101'A
No par
No par
series
S3.50
11%
28%
46%
46%
15
290
11%
28%
28%
49%
14%
\ 49
No par
series..
48%
11%
*11
11%
28%
common.
14
*13%
14
28%
EXCHANGE
Highest
$ per share
$ per share
1,000
33%
32%
*7%
STOCKS
Highest
25%
33%
26%
No par
...
$4.50
NEW
Range Since Jan. 1
25
33
31%
21%
21%
3,900
25 %
33 %*.
44 %
*56
7%
7%
7%
600
32%
22 %
Duplan Corp
No par
Du Pont de Nem (EI) & Co com__20
Range for Previous
Year 1948
7
7
60
9%
9%
9%
32%
8
—___5
Duquesne Light 5%
DWG Cigar Corp
10
9%
*25%
45%
preferred
conv
Preferred
12
Jan
15%
6%
7
9%
26%
22%
International
Preferred
Jun
116
7
*25%
22%
common.
Industries
33A%
12
93%
*9%
2
preferred series A
2nd preferred
May
20
'93
7%
*
July
98
Dec
83
93%
9%
*9%
45%
Ltd
$3.25
xl8%
*93
No par
11
18
50'A Jan
Feb
93%
2
Ltd
Mines
15% Jan
57% Feb
97
*93
.12.50
Corp
3
90
94
—No par
7
12 % Jan
~
*93
9%
No par
16
Oct
94%
37%
Co
2,000
94
*37
100
50
25
Car
400
18
29%
*93
No par
common
46'A Feb
Feb
Apr
50%
29%
94
1
48% Feb
19
67%
Feb
29%
*93
31%
class A
T Motor
Doehler-Jarvis
Nov
18
29%
93
33%
preferred
24
Nov
17%
18
18
29%
9%
1
—.1
common
Pepper Co
11%
16%
93
100
A
32%
*15'A
29%
29%
—100
com
Corp-Seagrams
47
16%
29%
31%
Corp
Class
21
11% Feb
15
*15%
*93
5
Dixie Cup Co
Jan
51
46%
400
16%
94
20
Match
Diamond
26
10
12%
*93
32%
Corp
partic
92%
*12%-
93%
No par
Vilbiss Co
6%
*17%
*90%
12%
29%
6%
pfd
Devoe & Raynolds
13% Feb
13%
29
Jan
Steel
Diamond
18
91
12%
93
25%
Detroit-Michigan Stove Co
De
8
12% Jan
11
35% Mar
*17%
25%
91
12%
29'A
Detroit Hillsdale & S W RR Co__100
Detroit
18
*17%
6%
Edison
Detroit
*15'A
4,400
25
91
Grande West RR
Denver & Rio
20
16%
25'A
Western...
&
Feb
58
12%
*15'A
1
common
7%
32'A Mar
12%
16%
50c
& Hudson
Delaware
10
12%
50c
Inc
preferred
Feb
12%
12%
20
Records
Decca
Deep Rock Oil Corp
*90%
91
*90%
*15%
100
100
Rubber Co
Dayton
■7
12
9% Jan
29 /
24%
24
24%
Sep
30%
23%
19
Shares
$ per share
share
for
the Week
18
E
18
Dec
25% May.
17% Feb
18
19% Jan
13
13%
Oct
20% May
14 % Feb
7
16% Jan
7
Eagle-Plcher
10
Inc
13
Dec
19'%
Nov
12% Feb
17
13% Jan
7
Eastern
Corp
12%
Dec
22%
Jan
9% Feb
11
13% Jan
7
Eastern
Stainless Steel
38%
Feb
42'% Feb
7
45% Jan
7
Eastman
Jan
5
157
Sep
30'A Dec
46% May
164
Jun
175
33%
28% Feb
Dec
19 % May
15
174
Feb
32 % Jan
3
7
4
18
Jan
10
Mar
92%
Jun
88
Jan
12
90
Jan
8
10%
Dec
16'%
Jan
10'A Feb
4
11"% Jan
8
92
Dec
Jan
98
14
Dec
82
5%
Jan
39'A
Nov
14% Jan
8%
56
Jan
20
Jun
6'A Jan
29
Jun
106
38 % Feb
11
98
.Jan
20
7'A Jan
43
products Co
4% %
Electric
Boat
16%
Oct
13'A Feb
7
15'% Jan
21
Jun
33 'A Feb
9
34% Jan
7
%
Nov
2% May
1% Feb
15
2% Jan
12
Elec
Jan
20
166 V
Oct
153
Feb
15
160
Jan
14
$7
Feb
147
Oct
135
Feb
15
144'A-Jan
18
$6
19% Jan
3
48% Dec
56%
Jan
47
Feb
14
51
Jan
10
12% Dec
17
Jan
12'A Jan
29
13% Jan
7
19%
Nov
27%
Jun
18% Feb
5
21% Jan >7
Dec
74%
Jun
49% Feb
8
57
Jan
14
45
x55
Feb
76'A Jan
24
13% Jan
7
49
Oct
42% Jan
Feb
76
Jun
66
12%
Feb
10% Feb
11
Dec
13% Feb
11
15% Jan
7
16% Aug
14% Jan
6
15% Feb
10
Dec
34
Jan
30 % Feb
16
Feb
104
Jun
100'% Jan
24
No v
4% Jan
18
9% Mar
12%
Jan
29'A
97
4'%
Jan
9%
Feb
20% July
16'A
6%
32% Jan
28
104
Jan
13
5
Jan
7
14% Jan
21
16% July
12
Feb
11
50%
Feb
65% July
56% Jan
3
61'% Jan
24
59
Sep
68'%
64% Feb
9
68
31
4
Dec
9'A
Dec
7% Mar
Apr
Dec
49% May
3%
Dec
7'% Mar
r
'rr.fnotes
see
page
29
15%
15
15%
*15%
83
88
88
*88%
10%
10%
10%
*96
10%
*96
100
6%
38%
6%
6%
38%
39
13'%
13%
13%
*33%
34%
*33%
100
6%
39
13%
34
10%
*96
30
30
29%
30
4,200
15%
15 3
15%
15%
15%
1,400
90
10%
100
6%
39%
33%
1%
1%
1%
1%
1%
No par
21%
21%
21%
21%
153%
153%
153
153
153
137
137
135
135
*135
shares.
175
29%
39%
*13
22
43 %
29%
*6%
No par
No par
Amer
43%
174
*173%
8
*88'/2
10%
*96
*7
39%
13%
13%
33%
*33 'A
174%
*174
*96
100
600
7
7
7%:
1,100
10%
10%
10%
20
90
*88%
90
100
40
39%
39%
13%
13 %
13%
600
100
34
*33 %
34
2,500
1%
1%
3,200
22%
22%
15,000
1%
13A
1%
22%
22'A
22%
154%
154%
155
155%
138%
136
136
154
137%
*135
47%
*12%
800
300
47%
1,100
12%
12%
700
20
20
47%
47%
12%
12%
*19%
19%
19%
*19%
20%
20
10
20%
*53'%
55%
*53'%
55%
55
55
*53%
54
200
*44%
45
45
45
*45
45%
200
Co
5%%
5%
1
Battery
No par
common
conv
preferred
53%
50
50
.
preferred
*44%
20
53%
44%
45
44%
12%
72
71%
71%
71%
71%
10%
10%
10%
10%
11
13%
13'%
•
72
10%
1,400
13%
1,300
*70%
10%
10%
13%
13%
13%
13%
13%
5
15'A
*15%
15%
15%
15%
15%
15%
15%
15%
*15'A
Empire District Electric Co
10
Endicott Johnson Corp common..25
30%
30%
30'%
30'%
*30%
31%
31
31%
31
*30'%
3
Gas
Emerson
Radio
4
Electric Mfg Co
&
4% preferred
Equitable Office
Erie
RR
5%
Erie
Phonograph
Bldg—
Williams Corp
9
Ex-Cell-O
21
Exchange
Products
*100%
4%
Co
Inc
Corp
Buffet Corp
102
102
4%
*4%
12%
12%
No par
common
preferred series A
Pittsburgh RR Co
&
Eureka
100
1
■:>.
12 %
100
50
*56%
57
*63
66
~
102
5
12%
*57
58%
*63
66
*100'%
102
*100%
14
102
13%
*100%
102
600
1,000
30
*4%
4%
4%
4%
4%
4%
1.100
12%
12%
12'A
12%
12%
12%
9,000
58'A
58%
57%
*63
57%
66
*63
66
4%
4 %
4'/«
5
4
4%
*4%
4%
4
8%
8%
8%
8%
8'A
8 ','4
8'A
8%
5
7
7%
7%
7%
7%
7%
7'A
7%
1
3
313
2.50
500
72
70%
10%
Natural
Paso
Emerson
500
10%
.
70%
El
Feb
24.
10,200
43%
174
Elliott
4% Jan
39
44
43%
174
47%
Evans
2
3.200
12%
Eversharp
4
11%
44 %
47%
7
14
11%
44
47%
7
Feb
11%
*12%
4% Jan
Feb
11%
12%
8% Jan
Jan
10%
47%
10% Jan
4
10%
12%
8
36
200
10
47
11
7
.
34%
6
6,600
12%
15
Feb
4
20% May
11% Jan
1,800
14%
*12%
Elgin National Watch Co
8% Feb
Jaa
9
Jan
18
14%
12%
29%
3
preferred
preferred
Electric Storage
17
3
Dec
55'A
17%
14%
12'/a
47 %
6
Jan
41%
18%
14%
12%
28%
No par
preferred
*17%
14%
12%
15%
5
1
common
Ind
173
18%
14%
30%
100
—..1
.
42%
42%
xl8%
14%
13
18%
%
29
*86
(The)
Electric Power & Light com
24
Feb
123%
-
Mus
&
Co
Nut
Convertible
139
23% July
Stop
____
...
Auto-Lite
37%
Feb
preferred
Electric
9%
174%
'172
100
2.50
corhmon
Elastic
Feb
BIRTHDAY
10
42%
LINCOLN'S
—2
Co
preferred..
4%%
Ekco
7
Feb
10
100
14%
*12%.
13
9%
Corp^——5
common
14%
*12'%
CLOSED
18%
18%
14%
EXCHANGE
Edison Bros Stores Inc common—1
7
11
13%
Kodak Co
preferred
Manufacturing
6%
Eaton
Jan
32%
1
common
18%
STOCK
1
10
Co
Airlines
Eastern
57%
57%
*63%
4%
400
64%
4 %
1,800
8%
*8%
700
7%
"2,800
"
37%
*37%
38%
38 %
38%
28%
38%
A
4'A
4'A
*3%
4%
*4%
4%
*4%
4%
7%
*38
4%
39
4%
400
200
Volume
169
Number 4779
THE
COMMERCIAL
NEW
Range for Previous
FINANCIAL
CHRONICLE
STOCK
RECORD
Saturday
Monday
STOCKS
Range Since Jan. 1
Year 1948
Lowest
YORK
&
Lowest
Highest
NEW
■
Highest
$ per share
YORK
LOW
STOCK
EXCHANGE
$ per share
$ per share.
$ per share
37
Nov
54%
Jun
36% Feb
8
41% Jan
7
Nov
33%
Oct
19% Feb
11
24% Jan
10
Fajardo Sugar Co
20
Apr
28%
Nov
23% Feb
15
25
Jan
13
Falstaff
5
Nov
11%
Jun
1% Feb
10
7% Jan
7
11
Feb
Oct
12 Va Feb
11
14% Jan
8
35%
Feb
Jun
35% Jan
3
38 Vt Jan
26
Federal
16 % Feb
1
17% Jan
26
Federal-Mogul Corp
Jan
3
6% Jan
10
Federal Motor Truck.
24% Feb
9
Feb. 12
r-'.i'.'r- V
,
Par
$ per share
HIGH
AND
SALE
Tuesday
PRICES
% Thursday
Wednesday
Feb. 11
Feb. 15
Feb. 16
$ per share
$ per share
$ per share
Friday
Feb. 17
Sales
Feb. 18
$ per share
for
the Week
$ per share
Shares
F
xlOVa
Fairbanks
Morse
&
Brewing
Co
No par
20
common
Corp
1
37%
37%
EXCHANGE
19'/a
20
CLOSED
24 Va
24 %
STOCK
38
38
•20
38 Va
1
24
'
16
16
43
Mar
20% May
Dec
5
12 Va May
5
28
Va Jan
6
4
99% Jan
20
7.
20% Jan
5
20%
Feb
31% May
90
Feb
99%
Jun
96
19%
Dee
24%
Sep
18% Feb
17 Va
Dec
26 %
Jun
14% Feb
5
53%
Feb
*69%
31
42
Dec
103%
Jan
Oct
64% Jan
Jun
53
!
17% Jan
6
Farnsworth
Televis'n & Rad Corp__l
Fedders-Quigan Corp
Federated
4'A%
Felt
•12%
2
36 %
5
Dcpt Stores
com
1
105 Va Jan
1%
1%
53,000
•12%
12%
1,000
O i
•36
36%
36%
36%
•30%
•16%
16%
•16%
16%
16%
•5%
5%
5%
5%
o;a
25%
25%
25%
26
98
•97'/a
98%
98'/a
98%
19%
•18%
19 Va
19
15
•15 Va
15%
15 Va
15 >/a
67%
67%
15
Fidelity Phen Fire Ins N. Y
10
67'A
67 Va
67'A
67%
Firestone
25
47
47'/«
46%
47'/a
106%
com
25%
26 Va
25%
2,900
99%
510
19 %
300
15%
15%
•15%
15%
600
67%
67%
66%
67 'A
1,400
2,500
•
47 Va
47%
•105
106%
*105%
58
58%
*57
16%
16%
*16'/a
x25%
25%
25%
46%
Nov
107%
Jun
IO6V2 Jan
19
100
*105
59 %
July
53
Jan
3
61% Feb
4
First National Stores...
No par
*59
Feb
20 Va
Aug
16
Feb
18
17% Jan
3
Firth
No par
*16%
16%
16%
16%
28'/a
Nov
Jun
x25% Feb
16
31% Jan
7
Flintkote Co
25%
25%
Dec
26 Vb /'
May
98 % Jan
7
100'A Jan
27
(The) common-No par
preferred
No par
25%
96
*97%
99 Va
99%
99%
99
99
Feb
26 %
26
26
26
26
13%
13%
13%
13%
13%
*12%
13%
*12%
13%
21 Va
9 Vb
21%
21%
21%
25%
25%
Dec
"
28
Jan
6
Florence Stove Co
3
15
Feb
3
Florida Power Corp
Jan
12% Jan
14.
13% Feb
5
Florsheim Shoe class A
Jan
20 Va Feb
11
24 % Jan
7
Follansbee
36% May
15 Va Jun
Dec
21%
22%
Dec
40 Va
Dec
12% May
47%
Jun
79
Dec
82 %
Nov
92%
24 %
Dec
38% May
25% Jan
22
Mai-
105
11
8
Food
3
90 Va Jan
18
3Va%
11
95
Jan
26
3% %
19'A Feb
11
25% Jan
7
Feb
47%
10
Feb
May
Feb
15
25% Feb
3
9% Feb
14
11 Vb Jan
11
8% Feb
11
12% May
24% Jan
11% Jan
18% Feb
84
76
Jan
3
6% Feb
9% Jan
8
Feb
10
Oct
Aug
x38
44
11
26 Va
...7 '/a
13%
No par
*12%
Corp
Machinery
Jan
24
Steel
No par
10
Food Fair Stores Inc..
Jan
16% May
Aug
Dec
10% Jan
29% Jan
91
10
8%
%
10
28
9
85
Dec
17% Mar
Feb
23% Jan
Dec
9%
68
26
Jun
35%
Carpet Co
15
Dec
9 Va Mar
(The)
$4
13 Va Jan
13
12 "/a
27
.
&
:
Chem
.
13
*58
%
21
21
9 Vb
l
*105
59 Va
9 Va
59
9
25 Va
24%
Corp__10
25
100
*85
87
*85
100
*92%
93
*92%
Corp
6% prior preferred
19%
*24 'A
common
Francisco Sugar Co___
Franklin Stores Corp.—
19%
20
25
24
24
*9%
10
No par
9%
9%
*8%
8 %
26
400
14
2,500
^
13%
13%
•13
22
40
13%
21%
21%
1,800
9'A
9'A
9 Va
27
26%
26%
26 Va
27
87
85
85'A
86
86
93
92%
92%
92
92
80
21
21
21
21
21
2,100
*24%
25
24%
24%
*9%
10
*9%
10
24%
*24
Va
*9%
10
9 Va
1,600
4,100
80
30
100
41%
41
12%
12 Va
12%
12%
12%
200
18%
18%
18%
18%
18 Va
18%
1,000
76%
30
*18%
78% Feb
2
*76
77%
Feb
17
Gabriel
10
Gair
100
26
14 Va
*11%
19
preferred
26'A
13%
*40%
12 Va
xl8%
4%
*25%
18%
*11%
Fruehaul
39'A
98%
40%
Froedtert Grain & Malting Co Inc.l
12
1
98%
12'A
25
20% Jan
10
99%
40 Vb
12% Jan
7
common
500
2,bU0
*11%
19
Co
16
26
*8 Va
13
Trailer
16
25%
8%
*8 Va
Jan
Freeport Sulphur Co___
600
16%
26
20%
20'/a
—____i
57%
*92%
93
10
25
Foster-Wheeler
47%
lUu;a
57%
58
*85
87
pfd_—
preferred
conv
47%
*105 Va
106%
*98%
9'A
9 Va
•93
48
*12%
21 Va
26
42%
xl04
107
OUO
300
1,900
19%
99%
•19
14%
preferred
25%
V 4
16%
19%
•98
49% Mar
4 % %
400
2
13
5 Va
24
Rubber
800
1,600
25
1%
16 Va
67% Feb
&
38%
20
36 Va
49% Jan
Tire
2J
SVa
•
5-
•38%
♦24%
36 Va
V8
25 Va
•13%
38%
12%
13
12%
15
5
38%
l7/a
1%
13
4:*'
45% Jan
25
97
100
Ferro Enamel Corp
20%
•24
25%
5
>
Mfg Co
Tarrant
5
•20
25
•16%
16%
5
20%
•24
7%
12%
37
*16Tu
No par
preferred
&
LINCOLN'S
BIRTHDAY
1%
1%
12%
1%
1
Mining & Smelting Co
38 Va
20
20%
23%
*
40 Va
76
76
8%
40%
*75
8%
*8'A
*41
*75
76%
*8%
76 Va
8%
41
*75
700
G
6 Vb
Dec
6%
Dec
10% May
10% May
16%
Dec
20
Dec
12
9
38'/a
Dec
12%
Feb
16'/a
Nov
5%
Dec
27%
Dec
16 Va
Dec
11%
Feb
99% Mar
42
Dec
100%
8%
Jan
Jan
Aug
7
6 Va Feb
11
7% Jan
16% Feb
15
17% Jan
6
Jan
3
9'/a Jan
10
9
3
41% Jan
12
15% Jan
24
23%
Jun
16% Feb
18
17% Feb
3
Gardner-Denver
9% May
5% Jan
3
6% Feb
3
Gar
May
27% Jan
3
32 Va Feb
4
26% May
18 % May
18% Feb
8
23 Va Jan
7
13% Jan
3
15Va Jan
20
45
105%
Jun
53 Va May
106
May
103 Va Jan 25
Feb
105
15
102% Feb
10
42
10
Feb
Apr
9% Mar
159%
Dec
160
Jan
6
9% Feb
11
14
% May
7
Nov
15
July
72 %
Sep
82
Jun
28 Va
Nov
44% July
24
18
Feb
X125
NOV
Jan
163% Jan
11
10
Jan
7
Feb
11
79% Jan
11
31
11
Jan
Jan
May
35% Feb
16
Jun
39'A Jan
3
96
Jun
13%
Dec
53
Oct
Wood
4 Va %
(The)
Feb
118%
Feb
128%
Feb
108
General
4%
4%
8
Jan
6
General
General
Foods
50% Mar
93 Va
NEW
Highest
$ per share
17
$5
26
Preferred
YORK
Jan
2
General
Motors
8
Gen
7
General
12%
Nov
18 Va May
13% Jan
15% Feb
3
Gen
2%
Feb
4% May
3% Jan
7
2%
Feb
,11%
Jan
3
12% Feb
18
18% Feb
15
20% Jan
7
Jan
17
Jan
ef
4% Feb
10
5% Jan
4
3
24% Jan
7
122
10
123
Outdoor
•18 Va
18 Va
137%
137%
36%
36%
36%
36%
37
41%
41%
42%
41%
42'A
*95
9%
47%
126%
126'A
126%
*126
100 Va
*98
100 Va
*99
LOW
10
$ per share
CLOSED
No par
Co_
Corp
25
11
Jan
24
59%
59 Va
*123%
124%
124'A
124 Va
8
300
99%
99 %
99%
99%
993/8
98%
9934
1,600
14 Va
*13%
14%
*13%
14%
13%
14
13%
13%
300
11% Feb
16
Jan
82% May
% %
preferred
Tire & Rubber
Feb
May
24
24
*23%
24 Va
24
24%
24-%
243/a
1,900
14%
14%
14%
14%
14%
14%
14%
15
3,200
2%
2%
2%
*2%
2%
2%
2%
*2%
23/4
5,700
12%
12 Va
12%
12%
12%
12%
12%
12%
12%
24,500
18 %
18
%
18'A
18%
18%
18 %
18%
*18%
12
•18%
•122
4%
Georgia-Pac
7
Gillette Safety Razor com
4
V4 %
preferred
39 Va May
29
Feb
7
Dec
96 Va
85% Feb
18
Jan
13
17
Dec
25
Feb
7
17'A Jan
5
Dec
85%
x74% Jan
6
76
31
$4.50
19%
Nov
28
18'/a Feb
14
48
Feb
% Jan
3
preferred.
Gimbel
75
4
Mar
113
MaiDec
Jun
May
Jun
May
55% July
6%
16
48
Oct
5% Jan
115Jan
91
Jan
21% Jan
51
7
4
Feb
17
6% Feb
3
Nov
122
33% Jan
*
17
116
Jan
12
24% May
14% Jan
3
17'A Jan
7
47% Mai-
64%
Oct
56
Feb
10
62% Jan
26
94'A Mar
103 Va
Aug
101% Jan
10
Feb
17
38% Mar
50 Va
Oct
x40'A Feb
11
45% Jan
26
96% Mar
105 >A
Oct
Jan
5
104% Feb
3
Dec
23%
Jun
13% Jan
19
15% Jan
11
Dec
5%
Jan
2V» Feb
7
3% Jan
7
101
103
5%
Feb
Apr
5% Feb
16
6% Jan
6
15 Va
Aug
18
Oct
16 Va Jan
4
17% Jan
17
18
Feb
35
Oct
24% Feb
8
28 % Jan
7
8%
23
Nov
31
May
Ll Va Feb
14
24% Jan
13
89
Nov
99
Jun
95
Jan
13
97
25
Sep
12V4 Jan
11
14% Feb
3
6
32 Va Jan
18
9 Va MaiMar
14'A
40
July
32
Jan
Jan
Dec
15% May
12% Feb
16
13
Jan
13
36 Va
Feb
50% May
38% Feb
10
43% Jan
7
16
Dec
23 Va
Jun
16'A Jan
3
132
Feb
Jun
135% Jan
6
60
Apr
77
Jan
29%
Feb
40%
Jun
35% Feb
11
13%
Dec
17'A May
13 Va Jan
10
Feb
13 Va
May
10% Jan
145 Va
18% Jan 10
143 % Feb
15
38 Va Jan
3
4
14 Va Jan
25
4
11 'A Jan
6
17
$5
conv
Plywood
Goodrich
Co
*23%
26%
*26%
117%
117%
24 %
24 %
24%
24%
24%
24%
21'A
*20%
21%
*20%
21%
20%
*101
102 Va
19
19
19%
•76
79
*76
•72
75
*72
*101
*23%
27 Va
Union
Co.l
210
24%
24%
24-A
1,500
20%
*20%
21'A
102 Va
19
19'A
conv
11%
75
*101
19'/a
*76
79
*76
100
75
*72
1,300
79
*72
75
11%
11%
29 %
29%
29%
29%
*84%
87%
86 Va
16
16
16
75 "A
75%
16
*74%
18%
18-%
18 Va
50%
50
%
*50%
5%
5%
100
*113%
115%
6
*113%
•74%
79
200
16 Va
2,900
*74%
79
79
18%
*74 Va
19
51
6
115%
15%
*102
6
*113%
59%
102
2,500
85%
16'/a
51
58
101%
*15
59%
60
103
101 %
19
*50 3/4
6 Vb
115%
300
3,600
102
103
41%
41%
42 Vb
*103%
104%
14%
*14%
14%
14%
2'A
2%
2%
2%
2'A
5
*6%
7
6
6
5%
5%
6
6
10
*16%
42
1013/4
2%
*16%
17
25V4
25%
'
15
15
2%
053/4
16%
16%
*16%
25%
*16%
26'A
26
Va
26'/a
17
25%
1,700
3,100
17
200
21V»
21'A
22
21 %
21%
213/,
22
97
95%
95%
95'/a
95 Va
96 %
96%
170
12%
12%
13
13 Va
*13'/a
13'/a
500
*30
33
*30%
33
*32
33
33
13
13
*31 %
33
*31%
12%
12%
12 Va
12%
12%
12 Va
39 Va
39%
39%
40%
40'A
41
17%
17%
17%
17%
17%
17%
17%
17%'
143%
143%
*142 %
144 Va
*142%
144Va
*142 Va
—100
142
*64
72
*64
36
36
36
No par
13%
13%
*13 '/a
13%
.3
10%
10%
10%
10%
100
•94%
95 Va
*94%
95%
10
16%
16%
16%
16%
1
5%
5%
5 Va
5%
*5%
& Die Corp
(The) —
400
26'A
21%
12%
Greenfield Tap
Va
97
40'A
1
10,200
13
17 Va
Co Inc
6
600
700
2%
21 %
12%
L)
15
3,100
97 %
21%
39%
(H
500
42'A
104%
*12%
Prop__No par
preferred
102
*96
Northern Ry 6% pfd
No par
Western Sugar com...No par
Great
50
15%
*14 Va
,
2,800
60%
2%
17
400
6%
115'/a
15
14%
25%
3,700
59'A
2'A
25
300
19'/a
51
15%
*14%
I
79
60 Va
1
No par
Gt Northern Iron Ore
6
115%
104%
41%
*102
*113%
15%
59%
41%
104%
6
6
115%
*15
102
41
*102
40%
30 Va
85%
16 Va
18%
*15
103
29%
89%
16
50%
15%
102
30'A
*85%
50%
57%
40%
2,400
18%
57
102
11%
18%
*15
No par
11'A
51
10
com
11%
30
86 Va
16%
11%
30
87%
...No par
com
pfd
142
-
*64
12'A
X39
-
72
*64
12%
1,700
39%
4,000
18
2,500
144'%
20
72
72
*64
72
36%
*36
36%
36%
13%
13%
*13%
*13 Va
14'/a
300
10%
10%
10%
10%
10%
10 Va
9,400
95%
95%
95%
95%
*95%
16%
17
17
17 Va
17 Va
17'/a
5,700
5Va
5%
5%
900
37 Va
36%
14
37
2,400
Greyhound Corp
Common.
Jun
93% Jan
26
95% Feb
15% Feb
8
19% Jan
7
Grumman
5% Feb
15
6
Jan
3
97
Guantanamo Sugar
July
94
92
Jan
4'
Feb
16
12%
Nov
20%
Jun
10% Feb
10
14
Jan
7
44
Feb
58%
Jun
45
15
50
Jan
8
Jun
18% July
Feb
61% Feb- 11
16% Jan
3
71% Jan
7
xl8'A Feb
17
4%%
$5
preferred
conv
Aircraft
preferred
Gulf Mobile
$5
Gulf
Corp
common
& Ohio
No par
RR
com.No par
preferred
Oil
No par
sqo
95
*92
94
10%
11
10%
10%
46
46
45
46
94
11
*44%
5'/a
94
ll'/a
46
*5 Va
94
11
*45
94
UVa
93
see
Corp
25
61 %
62
61 *'a
62%
62%
63
63'A
17%
17%
17%
17%
17%
18
•xL7%
page
24.
50
ll'/a
1138
3,100
*44%
64'A
No par
93
40
45%
300
'
•'
Gulf States Utilities Co..
96
'
46
18 Va
63
•
ni
footnotes
19 Va
75
11%
16
1
Co
Co (The)—
Jun
For
300
102 V2
79
*72
11'A
11%
•29'A
City Steel.
No par
Grant (W T) Co common
—5
3%% preferred ———100
Grayson-Roblnson Stores com
1
7%
1,000
26%
117'A
s101
•84
Granite
Green
24 Va
26%
18%
*76
4,800
117'A
102%
Xl8%
79
24'A
118
.No par
9
,81
24%
26%
50
Graham-Paige Motors
Granby Consol M S & P—
25% July
Jan
5
116%
102 %
400
125
5
26%
19
No par
98
Feb
*122
5
117%
Green Bay & Western RR__—100
■«
125
5
*26%
No par
preferred
Dec
14
*23%
19
:122
4%
116%
26 Va
118
•101
No par
$5 preferred
Gotham Hosiery
Nov
57%
23%
125
4%
No par
(B F)
Goodyear Tire & Rub
Gt
23%
*122
4%
5
preferred...:
Gold & Stock Telegraph
Goodall-Sanford
Inc
$2.25
24
125
No par
(The) com
4%% conv preferred
Goebel Brewing Co
Grand
4%
No par
common
16%
Feb
Lumb
preference
Brothers
90%
5% Mar
&
Glidden Co
$5
*122
4%
•
"
3%%
87
24
125
100
7
28,100
24
__100
12% Feb
59%.
124 3
14%
5
com
19
59 "A
'124
2%
100
Co
Jan
59%
59
24
No par
'
Shares
59 'A
•20%
18% Feb
for
the Week
124%
No par
101% Jan
Sales
18
*.991/4
24%
Dec
Feb.
$ per share
x58%
20
Jun
Friday
Feb. 17
$ per share
$ per share
14'A
5
com
Thursday
Feb. 16
*123%
Time
Instr Corp
200
59%
22% Jan
Gen
90
102
99%
29% May
30 Va May
10
126%
liu"4
•26%
10
*100
3.200
2,000
59%
117%
22% Jan
126%
101
100
10%
4 9'A
99%
1
25% Jan
127 V4
97 Va
123%
No par
3
49
PRICES
Wednesday
$ per share
*10 Va
LINCOLN'S
10c
3
100%
*96
10%
BIRTHDAY
100
Jan
*126 Va
97'A
49 Va
6,400
par
No par
Refractories-—.—
127
100%
HIGH SALE
Feb. 15
$ per share
9%
49
70
18,800
1
No
com
AND
Tuesday
Feb. 14
*95
200
•13%
STOCK
EXCHANGE
No par
10c
Utilities
Monday
Feb. 12
97 Va
10 Va
*.98
Saturday
Castings $6 pfd
General Telephone Corp
4
47%
137%
48
126%
STOCK
com
Vb
10
47 %
9%
100
Gen Realty & Utilities
Gen
97
97'A
10
47
Steel
4
*95
10
47
General Shoe Corp
72%
97 Va
1
Gen
5
137 Va
137 Va
11
77
18 Va
40%
27
21% Jan
■*18V4
35 V4
Jan
102% Jan
"0
18%
137 Va
Jan
75
Vv
40%
28
90
1 18
2,100
28 Va
36%
122
30
18'A
30
8%
75
28%
138%
7
102 Va
18'A
■
*72
39%
11
Apr
|27%
8 Va
74
29
'
200
35%
25% Feb
Dec
*72
29
2,300
'
10%
*137%
116 i/t Feb
Dec
8%
74
*27%
10%
163
40%
Oct
76
8%
*9%
36 Va
Jan
18%
*162
9%
1,800
•
200
137%
31 Va
20
8%
10%
163
9%
10
43'A
104
39%
No par
Cement
Gen Railway Signal
6 % preferred
General
3,900
105
35%
132%
Jan
10%
*162
*72
•
43 V4
*103
137 Va
Feb
98 Va
85
18
Nov
Dec
xl2
29
*104'A
43%
104
10'A
.
10%
8%
74
*27%
10 Va
*9%
8%
*72
43
*103
•
"< >163
163
10 Va
8%
8%
43 Va
104%
*10%
10%
105
*104
104%
43 Va
*103
163
*9%
27%
Jun
23%
10 Va
163
10%
74
30%
Dec
10%
163%
104%
43 Vb
103%
18
___No par
Advertising
Portland
Public
42
*103
No par
Precision Equip Corp
Gen
200
No par
1
com
Gen Public Service.
21%
43 Va
103
27%
No par
141/4 Jan
29
8'A
.74
No par
series
25'/4 Jan
2%
*9%
50
com
Corp
$3.75
23% Feb
15
10%
*163
100
preferred
13 % Feb
22%
*30%
100
Jun
14%
100
5
preferred
Nov
Va
31'A
No par
com
.
17%
27%
*30'A
32
100
17
100
26
24%
31 Va
5
Co
Feb
110%
31>A
43
common^
Corp
16%
Jiinl
31%
Par
62% Feb
6% May
*30%
103
$ per share
100% Jan
128%
32
*30%
EXCHANGE
125% Jan
Fob
6'A
STOCKS
Lowest
57% Jan
Sep
6 Va
5
preferred
123 Va Jan
4'/a Mar
16%
6V4
104%
10
x97
22%
17%
6>A
*103%
Feb
Jun
*16%
6%
6'A
104 Va
100
May
17
6 'A
*16%
6 Va
*103%
4
Jun
15 Va
*16%
17 Va
6%
No par
123% Jan
Jun
29
Vb
6%
17
*16%
500
200
2,600
Jun
99%
Dec
15%
4,400
Instrument Corp
125%
Dec
*15
14%
$3.50 preferred
Feb
18%
15%
15
20%
General
Range Since Jan. 1
10%
*15
*14%
14%
12 Va Mar
120
15%
14%
20%
General Mills common
Nov
*14%
14%
200
14%
11
Highest
66
39%
21'A
13
Oct
119
•38%
14%
9 7'/a Feb
$ per sha re
39%
20%
52'/a Jan
Year 19 18
$ per share
*38%
14%
13% Jan
conv
39 Va
39
20%
4
3%%
*38%
39
14
15
13
39
39
1.9U0
,
20%
preferred-
107% Jan
9%
100
Electric
21
5%
*9'A
13%
Corp.
Feb
28
9%
21
2nd preferred
40
Jan
*9Va
13%
preferred.
42% Jan
127
9 Va
No par
139
3
9 Va
20
14
9% Feb
9 VB
9
/
18%
Feb
93% Jan
47
9 Va
6%
16%
13%
General Cigar Co Inc
7%
9 Va
6V8
*16
13%
Transportation.
Cable
1st
conv
2,000
6JA
16%
18%
preferred
7
••
6 Va
16 Va
50
:
General Bronze Corp
20
7
6%
6'A
16%
6
1.66%
$4.25 pfd series A
General Baking Co
$8
7
Vb
*16%
1
com
$4.50 preferred
Amer
8%
6 %
6 Vb
16%
Investors com__l
American
General
Jan
3
Inc
preferred...
Range for Previous
Lowest
Co
Gaylord Container Corp
General
6%
6%
6 Va
16%
No par
No par
Industries
conv
Va
6 Va
16%
___50
Jun
40 Va
97
133
Co
6
6 V8
*16%
5
com
preferred
conv
19% Jan
19
43
Nov
19
21
Feb
41
Mar
Jan
8
144
9
24
74
31% Mai87%
11
27% Feb
34
Mar
G
8
Jan
10% Jan
-
11
Dec
Jan
46 % Jan
108
5%
Gamewell
6 Va
1
20
com
Gamble-Skogmo Inc
14
July
18
Inc (Robert)
preferred
13% Jan
*5%
1
Co
6%
38Va Jan
11 Va
9
(The)
48% Aug
17% July
Feb
146
Co
l,-
63 %
17%
18
7,200
18,600
(314)
THE
COMMERCIAL
NEW
Range for Previous
Range Since Jan. 1
Lowest
Highest
$ per share
FINANCIAL
STOCK
$ per
$ per share
NEW
Highest
share
YORK
RECORD
LOW
STOCK
Saturday
$ per share
Par
Monday
Feb.12
EXCHANGE
AND
Feb. 14
$ per share
Monday, February 21, 194$
CHRONICLE
STOCKS
4.C41
Lowest
YORK
&
PRICES
Wednesday
HIGH SALE
Tuesday
$ per share
$
„
per share
Feb.
Feb. l;
$ per share
$ per
for
Sales
Friday
Thursday
Feb. 16
$ per share
Ieb. 15
the Week
18
share
Shares
H
31
Feb
15%
Nov
22 %
12 %
Dec
16% May
Dec
xl4% May
12%
35%
Oct
31
4
16% Feb
Sep
Jan
11
3
12% Jan
7
81
12
Jan
11% Feb
33
Feb
Hackensack
Water
19 % Jan
7
Halliburton
Oil
13% Jan
9
15
26
79
Mar
89
Jan
73
Jan
24
Jan
Feb
107
Jun
105
Feb
1
106% Feb
2
21%
Feb
27%
21% Feb
11
23% Jan
13
146'% July
150%
■■
20%
Dec
4%
Dec
Jun
148
6%
Feo
4
6%
Hart
Schaffner
14
Hat
79
Jan
61
'Jan
5
Feb
11%
Jun
7
Feb
11
65'A Feb
5
Jan
14
8
11'%
Jun
6% Feb
11
9'A Jan
7
26'%
Jan
19% Feb
3
21% Feb
16
Oct
27 %
July
20'A Jan
13
23% Feb
4
78
Jan
91
84
17
90% Feb
Jan
29 %
Dec
42
Jan
90
72
Jan
103
May
22'%
Nov
24'A
Nov
23% Jan
4
25% Feb
34%
Dec
35'A
Oct
34% Jan
6
37% Jan
13%
Dec
22'A May
13 Vb Jan
4
14
41 %
Dec
57%
25%
114
Dec
17
9
Dec
28
Mai-
12%
Feb
122 % Feb
26% Feb
5
Feb
18% Feb
xl8
Jan
86'%
Jun
14%
Jan
15
21% Jan
26
9
21% Jan
7
5 %
Feb
3
7
Jun
30% Feb
16
32
Feb
11
,3
14% Jan
11
Hires
Feb
29% May
16 %
15%
Feb
% Jan
18
24% Jan
7
9% Jan
4
10 % Jan
is
9
22 % Jan
22
May
Holland
4
26% Jan
11
42%
Feb
10
Homestake
35%
Jun
Jan
13
Hooker
107% Feb
17
2nd
24%
Nov
99
Dec
103
Dec
102
29
7
26 % Feb
Dec
3
Jan
18%
Jun
10% Jan
3
12'A Jan
7
46%
'
Jan
30
Feb
11
32% Jan
15
Nov
34%
Jan
28 Va Jan
17
30
Jan
26
81
Oct
94%
Jun
86% Jan
6
95
Feb
Mar
10%
2
Dec
11% Jan
7
Hunt
2% Jan
6
Hupp
Jan
7
Hussman Refrigerator Co
11% Feb
& Manhattan
Motor
Year
$ per share
$ per share
30 Vh
32% Jan
Jan
7
Idaho
23% Feb
10
30% Jan
7
Illinois
90
Feb
Feb
15
84
Jan
7
96
Jun
28
July
78
Sep
97% May
96
Jan
4
Jan
37M> July
21
Feb
11
26 '/4
Aug
30
May
25% Jan
914
Feb
12!8
Jun
9% Feb
20!-i
Nov
25%
Jun
21% Jan
4
7%
Nov
15%
Jan
7% Feb
35
14
95
24 3
4
38 Va
Dec
58 %
Nov
56
23%
23 %
10
10
*9%
10
19%
19'A
19%
25 'A
25 Va
25 Vb
200
38%
38 Va
38%
6,800
20
*25
25%
38%
39%
39
27%
105
par
*19%
25%
*26%
4
28% Feb
17
Illinois
Power
14
10 % Jan
7
Illinois
61 % Jan
38
*27%
106
106
27%
27 %
107'A
106%
30%
42'A
7%
29 %
95
95
*94'A
96
i0
45
44%
44%
44%
44%
45
2.700
30'A
'
30%
31 Va
31'A
31%
31%
31'A
31%
*14'A
14%"
*14'/a
14 %
42%
*42
42'A
7%
7%
*10
12'A
40
40'A
9%
9
9
9%
2 Va
2
2'/a
No par
12%
*12
12 %
lines
14 Va
14'A
41'A
41 3
HIGH
7%
7%
11%
*10%
11%
39%
40%
40%
40%
5,4u0
9%
10'/a
10
10 Va
7,500
10
.
9'/a
common_100
pfd
12%
SALE
ser A__100
Feb.
CLOSED
*33'%
34%
24%
24%
24%
24%
*78
78
78
*78
79
*78
79
98
*95
22'A
BIRTHDAY
27%
28
98
*95
98
*95
98
*95
*21%
22 %
*22
22%
22
22
17
Indianapolis Power & Light—No
Industria
Mex,
28 Va
28%
28 %
28%
28%
28%
8.600
*9 'A
9 %
*9%
9'%
9%
9%
*9 Va
9 %
1.601
23 Va
23 Va
23 %
23 %
23%
23%
7%
7%
7%
23%
7%
2,100
par
*7%
8%
S A
Industrial
Rayon
Ingersoll-Rand common
28 Va
9'A
1
38%
38'A
38%
38!
„
24
*8
x37'%
38%
38
63
64 %
64
*155
160
3
..No par
62
62
62
Jan
11
preferred
100
*155
160
*155
160
8
Inland Steel Co
No par
38%
39'A
39
39
38%
39
15 Va
Feb
21% May
15% Feb
11
18 % Jan
8
Inspiration Consol Copper
20
15%
15%
15 5
a
15%
Feb
8% May
3
8% Feb
16
Insuranshares
15%
8%
15%
6%
8%
C%
8%
8%
8%
Interchemical
13%
*13 Va
1%
11'/a
23 %
May
103
Dec
13% Feb
14
15% Jan
26
86 % Jan
.
Jan
11
92 % Jan
25
3% May
Feb
1% Jan
16% May
12
Feb
2
4
% Jan
13% Jan
11
4%%
Ctfs Inc
Corp
preferred
8
Intercontinental
7
Interlake
Dec
xl45% Jan
5
Jan
25
Int'l
Business
Dec
x34'A
Jun
24 % Feb
16
28 % Jan
7
Int'l
Harvester
Oct
174%
Jun
164 % Jan
3
170% Jan
20
7% Jan
24
160
5Vs
Nov
9%
Jun
23%
Feb
38%
Jun
25
71
Dec
93
Jan
42% Mar
7
Feb
11
29
Jan
80
73 % Jan
17
3% Jan
3
x28% Feb
17
137 % Jan
3
Feb
7
45
Jun
8
143
No par
No par
No par
common
preferred
100
preferred
Int'l Nickel
100
Mining
Corp
of Canada
1
1%
12 %
1%
12'A
12%
xl49
5%
65
52%
39 %
Feb
99
July
94
Jan
5
95'% Jan
24
Dec
14
May
6
Jan
6
7% Feb
8
66'/!>Jan
4
Feb
9
Dec
Jan
Nov
43
Mai-
30
Mar
8%
Nov
8%
Nov
17% Mai22% Mai29
Nov
107 %
Jan
64
Jun
45
57
Jan
41
65% July
35
Jan
Jan
71
31
32
17
5%
International
100
Salt
Jan
27
International
13
International Silver
Jan 27
34
Jan
Shoe
No par
No par
168
*5%
*25%
79
*76
*4%
5%
5%
26
26
79
79
*79
4%
4'/«
4%
28%
29 Va
x28%
46%
142%
47%
140%
140'%
*139%
47%
48 Va
43%
10% Jan
31
Foreign
share
ctfs
20% Jan
20
Interstate
Dept
Stores
35 %
May
4%
Dec
10
29
Feb
1
27% Feb
32
Jan
21
Jan
148
Feb
2
$6
Jacobs
24
Jun
39% May
145
May
146
Jan
6 %
70%
56'A
*56%
Intertype Corp
9%
50c
common
preferred
i
12%
150
27
27
27%
%
42%
81%
1%
12%
152
*79 Va
500
18,400
*139%
141%
210
x47%
47%
6,100
141 %
49
97%
*95
*
7
42%
42%
52
•
53%
*32'%
9%
9 Va
200
4 Va
28%
6 Vh
58'%
34
780
1,400
2,200
4 Va
*68
52
2,000
28%
*59%
42%
81%
2,faOJ
21.500
Va
4
69
*32%
6
26%
80
900
28%
61
*51
9 Va
26
69
34
9%
6
'A
60
51%
9%
7
70
200
110
61
700
42
42
1,000
54 Va
54'/4
*32%
34
98
9 Ve
900
34
9%
9%
22,000
500
9%
9%
*9 %
9%
9 %
*9 Va
19 %
19%
*18%
19 Va
18 !'.i
19%
*18%
19%
800
27%
*26%
27%
*26%
27%
*26%
27%
200
28 %
900
C9r 1/,,
.
*27%
28
*
148
*143
57'%
*6'A
6
26
70
42
9%
19'A
No par
Island Creek Coal
70
51%
9.%
19 Va
6%
42%
9'A
*96
97%
*6
58
*32%
34
No par
*96
6 %
70
70
58
No par
97%
*96
7
9'/4
8% Jan
Jan
7 u-.2
*79'A
81%
4%
29'A
142
47
International Telep & Teleg—No par
18 Va Feb
137%
*6%
26
28%
97%
*96
5%
6%
26
*4%
4%
50%
Jun
16%
12%
150
89
169%
5%
0
1.100
1%
168%
25%
u
■14%
89
169%
5%
u
*14%
1%
169%
42%
26% May
13%
90
169'%
25%
tl.
1,000
169 %
50%
28
a
8%
168%
42'A
10% Jan
Jun
16 3
5,500
8%
167%
*32%
8% Jan
16%
16 Va
9
24%
25
:
common
preferred
16%
Va
24 Va
25
1%
1,000
64
38
24%
143 %
preferred
150
2,000
160
37%
24%
46%
_No par
12%
12%
150
*63
*155
38%
24%
*142%
preferred
57% Jan
44
3
49% Feb
Mar
Feb
61
$4
1%
65
160
24%
15
Int'l Rys of Cent Amer com—No par
*89
.1%
3JJ
8
36%
24%
'
86
13%
13%
1%
35%
24%
29%
com
16
*8%
8
8%
37%
25'A
29 Va
Co
Paper
38 %
90
149 %
*148
*155
23%
24
168%
24%
100
International
*13%
*89
1%
12%
12%
13%
89
1%
149
148
62%
88%
89
com—No par
Preferred
Feb
53 % Jan
13%
*88%
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
5
4%
31 Va Jan
Rubber
Machine
International
4% Jan
'
64%
7%
Feb
Jun
139 Vi- July
24% Mar
135
5% Feb
5% May
34 % Oct
3 '/a Mai-
162
—5
100
common
No par
Feb
26 %
156
1
Iron
125 %
210
27%
9%
Jan
Dec
200
98
21%
67
Dec
23%
21 %
Va
41% Jan
13
8,800
33 %
78
155
86
600
24%
33%
24%
78
3
Jan
33 'A
33%
23%
79
11
8
Shares
5
10
6%
33 %
33%
17
155
share
24 Va
Jan
Jun
$ per
for
the Week
Feb. 18
IT
share
try
36 % Jan
Jun
Sales
Friday
Thursday
S per
$ per share
23%
22
Co
De
200
*33 Va
LINCOLN'S
Feb
Electrica
3,200
*95
STOCK
No par
Co
RR
1,000
2%
*12
34
—1000
A
9 'A
2 Va
PRICES
Feb. 16
EXCHANGE
500
12%
*9
2 Va
12%
Wednesday
U
9%
2 %
12%
2%
Feb. 15
—100
series
9 %
2%
*12
Tuesday
$ per share
16,700
*10%
40
Feb.14
share
600
7%
7%
39%
Monday
$ per
4
7%
Feb.12
$ per share
300
14'A
41%
Saturday
4%
ctfs
AND
14 %
41%
12'A
*10
*9
2
*12
LOW
14%
9%
10 1
9%
10
4,500
(
42
42
77a
8
10%
9
1,300
29 %
45
45%
*14 Va
500
95
Nov
76 %
160
240
3,500
,
*29 Va
47%
Feb
600
106%
*93%
34 •"'a Mar
150
800
27 'A
106%
27%
*26%
%
x44 Va
29 Va
*93 Vz
40%
8% Jan
7
19%
25
95
29%
29'A
29%
20
Terminal
41% Jan
19%
38%
.
.
non-cum conv
4
18
106%
95
45
STOCK
RR Co
21
24
27%
*105%
27%
106
*25
38'A
39
10'A
Co
Central
stock
|
25'A
19%
20
20
*25
l
Jan
35% Feb
Jun
6%
8O0
300
22'A
10'A
6.66%
YORK
Power
Leased
500
13%
23%
*9%
Nc par
Car
28% Jan
RR
32%
*13%
22%
Par
42% July
35%
Apr
27 % Mar
*31%
10'A
I
62 %
*13%
1.300
13%
*31
13%
40'A
$ per share
$ per share
10
9 Va
22 Va
EXCHANGE
Highest
31'A
*13%
*9
9 Va
32
30%
13%
par
—
NEW
Range Since Jan. I
Lowest
Highest
9%
31%
*13
STOCKS
1048
83%
9 Vo
9
9%
100
Foods Inc
Range for Previous
Lowest
*81 Va
83%
*81 'A
84
*9%
common—100
preferred
non-cum
Corp
900
22 Va
1
Corp
Hudson
14
19 %
83
19
10 :
5
Stores
7
8
800
19%
83
23%
25
c__
14 % Jan
7
19
19%
10
No par
:
t
11
11
18%
30
Hiyison Bay Min & Sm Ltd—No
Feb
18%
19%
29%
7
Feb
19
20
29%
5
9
liO
23
28%
4
2
800
27%
118
23'A
*93'A
8 Va Jan
Apr
Jun
13%
70
124
*18%
31%
33
*13
26%
118
xl9%
9 Vb
9%
9'/a
*31 %
27%
118
18
*82 Va
84
*117%
118
*123
124
27 %
27%
27%
*117
10
100
4,000
43%
43 Va
20
*19%
100
11% Jan
May
14%
27 %
117
*123
124
*123
123
*27
117
"
xl8
No par
com
preferred
47% Jan
5
Sep
122%
27%
118
1,100
31%
7
19
Dec
43%
31 Va
16
9% Feb
*13%
42%
.11%
Feb
Jun
44
13%
42%
11%
Jan
22%
43%
*13%
18%
5
7
Dec
13%
44
13%
19 %
12.50
Co
10
12%
13%
14
18%
10
Houston Light & Power
Houston Oil of Texas v
5%
37%
*13'%
31%
Household Finance
Hudson
25%
*36%
13%
Id
30
39% Feb
17
25%
37%
5
Howe Sound Co
Dec
25%
*36'%
11%
Howard
Nov
8%
25 %
37'A
31%
20
14% May
25'A
*36%
320
11%
20
50
25%
37'A
124
*82%
300
100
30 %
Jan
Sep
Sep
25 Va
*36%
100
100
100
11 Va
46 Va Jan
Jan
25'A
36%
100'A
100'A
30%
'7
8%
34%
100 %
11 Va
17
34%
35'A
35 %
35
35
34%
*99 'A
30%
14'/8 Feb
15
30
*34%
400
22%
11
40% Feb
'
90%
35%
*29
12
Jun
90
11%
19
Jun
22%
30%
35% Jan
47
23
90
11
48% Jan
23
*22%
*88
*30
4
Jan
90
2,900
3,200
21
20%
50
"7
Dec
23
*88
7%
21%
7 !'a
21%
21%
No par
29% Feb
14
*21%
90
1,200
7%
7%
com
43% Jan
33
22%
*64
200
5 %
7 %
7
200
22 %
66%
7%
7%
7
6%
21
66%
*64
7 %
7'A
153
,*5
preferred
Oct
38%
5%
10
300
22
11%
Jun
49
Feb
66 %
*64
*21%
5%
10
75
105'A
5
Mining
conv
3%%
35 Va
5
Electrochemical
Houdaille-Hershey
17
38
22
.
*21%
*148
153
22
5%
22'A
10
pfd series A $4.50 div_No
$2.25
*143
22
6%
1
Holly Sugar Corp
5% conv preferred
39% Feb
5(1
42
123
Co
3
19 % Feb
153
*5
42%
*13%
118
& Sons
(A)
21%
20%
*88
100
36%
1
21%
105%
25%
*34%
100
*104%
*148
*11%
*73
106%
*21
6%
23
*27
Co
7 V'4
.
75
21%
*104%
20%
7
20%
5
25 Va Jan
Jun
30
Nov
12%
Furnace
Hollander
66%
*7%
12
*11%
*73
106'%
*21 %
5%
*34
90
No par
.
22
*5
7 %
*21%
153
*21%
66 %
*88
No par
The
E)
*148
22
5%
6%
No par
Inc
34 'A Jan
Dec
29 '/a
3%
(C
21'A
100
Oct
30%
25
20%
Co
106%
21'A
*25
com
74
*104%
153
12
74
*11'A
12
75
21%
20%
new__25
common
*11%
*73
106'A
*7%
No par
Hotels Corp
& Dauch Paper
Hinde
12'A Jan
100
new—10
Chemical Corp
cum preferred
3%%
Hilton
12
11%
74
100
preference
Hewitt-Robins
300
*64
25
preferred
conv
Heyden
18
9% Jan
83
3
Jan
$4
2,buJ
12%
100
preferred
Hershey Chocolate
15
17 Vh
12%
*5
__15
Motors
Hercules Powder
17 VB
12%
*21 %
,—100
common
non-cum
Jan
Dec
27
22
7%
Hercules
17%
12%
5
preferred
(G W)
common
Helme
27
122
Co
17%
12%
2
Co
preferred
(H J)
17%
12%
'148
1
3.65 Vo
37
9%
Dec
Heinz
25'A
21'/a
11
i
18
Jan
79 % Jan
9
7
29% Jan
18
116% Jan
17
127% Jan
15
Apr
27%
3%%
17
12%
21 %
100
.
Glass
*32
17
*12'A
104%
BIRTHDAY
1
Hecht Co common
28
v
46% Jan
41% Feb 11
Apr
Jan
Mfg Corp
Hazel-Atlas
8
28% May
.
Dec
29%
1
30%
Nov
Oct
35% Feb
100% Feb
128%
Nov
78
3
14
30
123'% July
Oct
Mar
17%
Jan
98'A Jan
Hayes
33
16%
13
*73
10
4 Vz'/o preferred
Hayes Industries Inc
10
Jun
Marx
100
34
33
17
11%
LINCOLN'S
100
&
Corp of Amer class A
*32%
34
*32%
33
16%
*12 Va
CLOSED
com—No par
preferred
19
5% Jan
Feb
120%
Refrac
24% Jan
149
20%
..
Co $4.25 pi'd—No par
Harbison-Walk
3
14
Mar
6'%
X20
iM A)
100
34
Va
*32%
STOCK
EXCHANGE
No par
com
preferred
conv
20
Dec
59
4%
Hanna
4% Jan
Jun
Jan
25
Well Cemencing__5
Printing Co„
—5
F>
20% Jan
Jan
34% May
8
IW
Hamilton Watch Co
6
xl01'%
Hall
28%
148
1*3
*9 Va
28
28
23
148
*143
148
*28
28
*143
"
*143
148
J
18
Dec
23%
3% Feb
5% Jan
8
14% Feb
Jun
5
9
18% Jan
24
(F
L)
i
Jaeger Machine Co
'
79%
Dec
92%
39%
Feb
48
Jan
81
Jan
3
83% Jan
13
Jersey Cent Pwr & Lt 4%
May
44
Jan
24
46% Feb
18
Jewel Tea Co Inc
89%
Oct
33%
Sep
42%
Jun
100 %
Feb
113%
Jun
20%
Feb
35
Oct
99
95% Jan
May
99
Dec
106
Jan
158
97% Jan
40'A Jan
7
27
110'/a Jan
12
28
36
Jan
7
Feb
15
103
Jan
11
3
33% Jan
7
Jun
29% Mar
24
11
Jan
31 % Jan
May
145
17
36 % Feb
108
102
-
Oct
29 % Jail
83%
Feb
93%
Apr
83 % Feb
1
86
Jan
3
30%
Nov
43%
Jun
36
Feb
7
39% Jan
7
10% Feb
16
12% Jan
8
397/a
3%%
4%
4%
4%
No par
14%
14%
*14'%
83
83
*82'%
Co
pfd„100
com
preferred
loo
Johns Manville Corp com
3%%
No par
preferred-
Johnson & Johnson
4%
No par
common,—12%
31%
2nd preferred series A
5%
preferred series A
Manufacturing
%,
*107%
100
Co
100
1
36%
37
*101%
103
102
*153
160
*153
,
30
30%
14%
14%
*82%
83 %
10
46%
46 %
1,300
85
85
*82%
47
46%
46%
97%
97
97%
*96
36%
37%
38
37%
112
*108%
32 %
31%
*31%
32%
*31%
*102%
103%
*102%
103 %
160
*153
160
*153
160
30%
X29%
*97
*108%
37%
112
102'%
31'%
31%
*4'A
*45%
*108%
1,100
4%
14%
*82%
36%
4%
4%
14%
4%
15
45%
112
*108
111
4%
*14%
85
97%
*96
97%
*96
100
Joliet & Chicago RR stamped
100
Jones & Laughlin Steel com—No par
Joy
46%
46
36
45%
4%
15
31%
102%
*153
98
37%
50
6,300
111
31%
102%
2,800
40
160
30
30 '/a
400
30'%
29 34
30
7,300
/
140
84'%
84 %
84%;
84%
84'%
84
84
84
84
37 %
84%
37
37%
37
37%
37%
38
37%
37%
3,100
10%
10%
10%
600
11
K
11%
Dec
21
May
Kalamazoo Stove & Furniture
Kansas
x89
Nov
98
12
94 % Jan
Dec
101%
Dec
100% Feb
11
23%
Feb
48 V4
Oct
34 % Feb
11
48% Mar
i
May
98%
60%
Jun
52
9
3.80%
Jan
14
4%
21
Kansas
56
24
Jan
4%
100
97%
100
*101 %
98%
101%
34'%
35%
preferred
preferred—
preferred
& Co
100
Jan
3
13%
Dec
18
May
13% Feb
15
14% Jan
7
Kayser
Feb
26% July
22 % July
19% Feb
8
21% Jan
8
Kelsey Hayes Wheel conv class A_l
For
Dec
footnotes
see
page
14% Feb
24.
7
17% Jan
7
non-cum
Class
*10%
City Southern com—No par
cum
20%
15%
!
99% Feb
40% Jan
102
10
11
*11
11%
*97%
98%
*97%
98 %
*101%
101%
*101%
101%
10
36'A
37%
3 7'A
37%
7,000
54
54'A
400
1,000
11
11
City Power & Lt Co—
(Julius)
B
5
—1
*97 %
,
98 %
*97%
98 %
101 %
101 %
*101'A
101%
34%
35%
36
36%
54%
54 Va
54%
13%
13%
13%
13'A
13%
13%
%
20'%
*19'A
20%
19%
20
15%
15%
15
15
15
15
15%
55
*54
*19
54 Va
*
54 %
55
13%
13%
13%
13%
*19%
19%
*19%
20 Va
300
15%
15%
1,400
15%
16
STOCKS
Range for Previous
$ per
$ per
share
Oct
46 % Feb
Apr
39% Feb
8
Dec
Feb
24
Far
■
'-it
15
13% Jan
7
19% Feb
11
22% Jan
11
93% J an
5
97% Jan
13
Kinney
95'/2 July
Feb
39%
Jun
x35% Feb
45'/2
Feb
14
55% Jan
20
Nov
581/2 July
49
Oct
48% Feb
40%
Jan
3
48% Jan
25
Kroger Co
4%
Feb
6 '/2 May
4% Jan
5
6 % Feb
2
13
Feb
17
Jan
15
66% Feb
4
37%
Dec
Oct
29% Jan
3
31% Jan
Jan
5
98
16
91
43
7
26
38% Jan
20
Dec
12
Dec
17
24
Mar
Jan
6
3
Jan
5
Apr
21
.17 % Jan
4
20% Jan
21
Lambert
9% Feb
18
IIV4 Jan
26
Lane
9% Mar
14 '/b May
42
Oct
53% May
43
Jan
7
441/2 Jan
24
257/b
Aug
297/b May
23% Feb
17
261/2 Jan
19
47
37
Mar
35
May
Jan
41
4
-
21%
Feb
V5-
22% Jan
9OV2 Jan
20
92
Feb
2
10% Feb
8
11% Jari
10
Jan- 31
40 'A Jan
$9
5% Jan
7
11
3
Jan
8
11
24% Jan
12
$3
16
8'% Jan
12
50c
Feb
8'%
Dec
May
12
42% Feb
May
56
8% Jan
47% Jan
14
10
3
157
8%
Nov
,8% Feb
14
10% Jan
59% Feb
15
66%
Feb
8
14% Feb
15
17
Feb
18
78
16% Feb
5
Dfec
23%
Dec
85
Jan
74
Jun
13%
24% Jun
46%
1,300
6'/a
19,900
6
No
18%
10 Va
10
10
"43%
45
*44 Va
45
*23
24
*23
40%
*39%
40 %
8
20
94
94
7
7
10%
10%
2,200
37%
37
31 lU
37%
38
38%
38%
38%
39
2,900
4'%
4%
4%
4%
4%
4%
4%
4%
4%
2,400
50
r—1
1st preferred—No par
4%
2'%
2%
2 Vs
2'4
2%
21/4
2VB
2'/8
2
Vb
2%
4,600
21%
*21%
22%
*22
7%
7%
Cement
2nd
2')
No par
♦7'%
8
7%
__1
pfd
21 %
42 ts
43
42%
(The)
;
*8%
—5
Corp.-.—
&
Corp.
43
9
35V4
84'%
84%
84%
*170
*34
36
34%
34%
8%.
8%
8%
8%
8%
591/4
59'%
59'%
*59'/4
60%
41'%
41%
42'/a
42%
preferred.,
conv
Lockheed Aircraft
Inc
36 %•
14%
14%
17%
181/a
6,600
15%
15%
16 VB
15%
16 '/a
35,200
67
67
21
21
20%
20%
Jun
153 > Jan
28
Feb
3
Nov
23% Jan
4
24% Jari
31
Dec
50
May
Feb
16
41% Jan
11
Lousvttte
Feb
35% May
21% Feb
8
24
Jan
24
Lowenste:n%M)
Dec
981/2 Juiy
95
Jan
14
96
Jan
10
Gas & Elec Co (Ky)
*154%
24V4
241/4
36%
37
22V4
221/4
Steel
241/4
36%
36'%
24%
24'/4
36
36%
22'/4
22%
22%
22%
95
*93%
95i%
95
95
.10
A—!
Co
*1541/2
154%- 155
156
241/4
*93'%
18%
19
19'%
20
19%
19%
——50
Sons Inc com__l
&
series
20'%
100
Nashville..
&
pfd
156
20%
20%
*154'%
.1100
No par
preferred
1
100
18%
20'/a
25
2,600
74
17%
65'A
158
14%
'74
77
17%
20%
Nov
3.000
167/a
65V4
Nov
100
43
14%
43
*20%
23
61
42%
*60
42%
20%
138
300
5,200
8%
16'%
14%
20'/4
150
36
8%
61
*60
15'%
65'%
20 %
*35
600
9,700
171
8%
8%
65'4
3
Lukens
172
*33
...
171
20%
19% Jan
26
85%
65%
Sep
41/2%
85%
20%
21%
^7%
86%
84%
20
Feb
Louisville
35
64%
18
4,800
35
14%
Corp,
3,600
8%
.8
No par
Star' Cement
49%
49
8'/a
i;-.:-—uU——_No par
Long Belr Lumber I Md) A—No par
Lor ilia rd
<P) Co common
10
600
2,200
35'A
15%
Loew's
3,200
21
20%
49%
*74
77
*75
77
16%
15%
141/4
14'A
14%
14%
*74
77
16%
16%
—__
Lone
20
14%
141/4
*74
,100
1
Corp
,v-
*35
.*
*171
171
170
171
36
41%
20
>s Jan
35'4
171
8%
17
20
84%
351/4
83%
8%
49
8 Vb
*35
41 'A
:
Co
21
8
35%
8%
20%
49
8
44%
9
9
20%
48
'
600
44%
20%.
8Vs
170
16% Feb
,u
9
20%
»•
700
8
'*7%
44%
44
43%
23%
■
7%
7'/2
8
8
22
.
7i%
9
"34
23
156
22
43
*8%
9
83%
67% Jan
20% Jari
94
10%
37
7
Jan
*92%
10%
*58'%
% %
300
94
*92%
No par
3
600
10%
Oil
27
100
40%
*20
10%
Co.;———;_li_——No par
Liquid Carbonic Corp com—No'par
Eelt
Lion
23%
20%
20
20
20
*92%
45
40%
10%
...
Link
Jan
41
*19%
44 '/a
*22%
23%
40%
19%
*92%
1,400
10%
Liggett & Myers Tobacco com—25
7 '/o
preferred
1
—100
Lily Tulip Cup Corp.:
—No par
Lima-Hamilton
Corp
—5
7,
Jan
23%
94
19%
"921%
"19 5
23%
40%
40%
10
*
45
*44 Vb
45
*44%
24
500
1,300
9%
%
10%
Stores
10
:
10
18'4
10 Vs
5%
19%
10%
McNeill
22
18% Jan
10
18 '/a
"23'A
"39%
5%
19
10
.—25
Corp
Jan
40
*18'%
5%
5%
18 V2
50
5
6
Vs
6
6
6%
18%
1
non-cum
46% Jan
•
*5%
IOV4
10%
par
6
5%
:
18%
*18
No par
5
16% Feb
46%
6
3
Jan
45%
6
191/t Feb
24'%
3,000
5%
14Vb Jan
Nov
3,900
50
6
63'/a Jan
17
36%
50
5%
Jun
36 -
36%
50
5%
68%
■
36%
5%
20'% May
91
36'%
4
30% July
37-;
36V4
/T '
Co
Feb
20
x35%
50
Nov
Dec
14'/a
36%
45%
xl8
57%
36%
35
Jun
15,1/2
36%
5
25
68%
96%
Life
25
40
30%
96V2
3
40% Jan
Ju-n
Jan
30%
97%
35% Feb
174% Jan
55 v2
30%
*9G%
48'/2
16
Feb
30%
97%
20%
14
28->/4
30%
*96
20%
Feb
13%
55.1/4 Mar
30
97%
47'A
34% Feb
30
2,500
29%
47%
22
200
63%
971/2
21
88% Jan
70
13%
63%
29%
50
& Sons Co com.,.—3
Savers
97%
63%
46 %
#
600
29%
8
14
170
May
47
*62
46
Tire
non-cum
Lerner
70'% May
Nov
13
63%
47
24
Jan
fi%
83% Feb
174% Mar
Oct
33
12%
*62
21
10
Jan
*13
*12
62 %
.No par
34% Jan
91
13
12'%
*12
Libby—_7
50
,4
Mar
82
■
Libby
23
.4
Jan
Jan
*96
Libbey Owens Ford. Glass—No par
3
44% Jan
Apr
381/2
96%
1
20% Jan
Jun
101/2
311/2 Mar
96%
7
Jun
561/2
8
98
Feb
26 %
Dec
Nov
8
*96
Jan
Feb
16%
97
49 Vs
Lehn & Fink Products
20
Jan
2OV4
491/4
Portland
Lehman
22
1,400
20
971%
36%
Lehigh Valley RR—%
Lehigh Valley Coal com
7% Feb
20%
20
62%
12
.64
29%
cumulative preferred —100
Lehigh
21% Feb
41%
43Vz
24
500
20%
20
Va
46
common
(James)
3.85%
10% May
Jan
12
11%
45%
Lehigh Coal & Navigation Co
26% July
19% Mar
5%
6
11
2% Feb
4% July
Jan
-
4% Feb
Jun
8%
4% Mar
37
Dec
39
30% Mar
1%
Lees
l.o% F?b
Jun
13% May
Dec
10
26% May
Dec
90
97
97
42%
*11%
48%
Co
&
20
42%
11%
49 Vs
48%
501/4
preferred
Rubber
Lee
17
Feb
Bryant
41/2 %
Lane-Wells
19%
49%
42%
*11%
45%
(The)
Co
20
48%
*42
11%
pfd__75 Pesos Mex
6%
13,700
48 V4
42'/4
48%
Light
Consolid
Shares
47%
12
%
45tii
L
47/a
11%
*96
'-—No-par
(The)
Gas
for
the Week
share
$ per
41%
41%
11%
*62%
_
Laclede
47
41%
97
BIRTHDAY
<G
48
41
11%
—
La
gales
Feb. 18
-V
share
*111/4
47%'
47Va
$5 prior
Jan
$ per
■$ per share
share
Friday
Feb. 17
Feb. 16
"
41
LINCOLN'S
100 T
Nov
14
% Feb
$ per
$ per share
■
par
89
Feb
62
Feb. 15
20
par
32
12
75
Mai*
29'4
Jun
14!/2
Feb.14
$ per share
Thursday
Tuesday /.
Monday
Teb. 18
STOCK
EXCHANGE
CLOSED
—5 :
County
R) Co common—. — 1
preferred
No par
Koppers Co Inc common
10
4 %
preferred —
100
Kresge <S S) Co
10
Kress (S H) & Co
No par
63
'•%
"
No par
•11% Feb
Kern
7
HIGH SALE PRICES
Wednesday
LOW AND
Saturday
19
(815)
.
„;
Oct
104% July
Feb
','/■■
■
!
Land Co
Keystone Steel & Wire Co—No
Kimberly-Clark Corp com—No
4% conv 2nd nreferred—
16%
19
Oct
v
May
127/b
111/2
■■■)•'■
■■
Kennecott Copper
46% Jan
11
51
92
••.:
56% Jan -12
60 %
Nov
40 Vb
$ per share
S per share
share
Feb
y4
42
•
CHRONICLE
FINANCIAL
/•
v,
.
STOCK
EXCHANGE
Lowest
Highest
YORK
NEW
Range Since Jan^ t. '
Highest
Vear 1948
Lowest
&
COMMERCIAL
THE
Number 4779
169
Volume
.
*
3,100
50
156
24'%
800
36V2
2,000
22 %
22%
241/4
36'/a
36%
22%
22%
50
19%
19%
20
1,400
96%
*95
96'%
19%
60O
20%
156
241/a
36%
*95
21 '/a
20i/4
156
24'%
"1,300
66%
661/4
*20'%
2,100
'
M;
x35'/4
Dec
129
Jan
32
Feb
15
Feb
131
Jan
10
*
137
MacAndrews
3
36% Jan
40
142
Oct
4
Feb
11
15% Jan
11
33% Jan
103%
Jun
95% Jan
6
99t
Feb
7
10
Nov
15%
Apr
10 'A Jan
3*
13T
Jan
22
39% May
-
16% Feb
24% May
Feb
xl6%
Jun
27"Vs
;
■
Vs Feb
16
14% Feb
10
Jan
12
_
_
Feb
21
Dec
Dec
9%
490
525
rr"
Apr
500
678
Nov
10%
Sep
6% Feb
10
7
Dec
13%
Jun
7'/4 Jan
3
15%
Dec
26
Jan
16% Jan
10
5%
Feb
Va Feb
•
500
Jan
13%
13'/4
13'%
13'A
13V8
13'/4
30%
99'%
*30'%
31 'A
31
31
*98%
99'/s
99
99
11
*10%
11
10%
11
17%
17V4
17%
Feb
Madison
Magma
16
Garden—Nopar
Square
Qopper
Rights
Magaavox
Co
Mahoning
Coal
7% Jan
20
Manati
Sugar
8
% Jan
12
Mandel
Bros
17% Jan
19
Manhattan
(The)—
Co.—
Co
Marine
Midland
Sep
16% Jan
5
171/4 Jan
20
Market
St
1031%
22%
19%
V Jan
24
Jun
95V2 Jan
5
1031/2 Feb
14
Apr
9% Feb
7
111/4 Jan
7
41/4%
7
13% Jan
&
prior
6%
19%
19%
19%
6%
6%
6%
pfd—.100
*16%
Co
Co—
9%
—1
10Va Feb
Martin-Parry Corp
57V2 Jan
7
Masonite
7
Master
27%
Feb
Mathieson
11
4
42
Feb
2
Feb
15
171
Jan
22
38 Vs Feb
16
37% Jan
170
Jan
Apr
7%
40% Jan 25
May
Corp
Electric
Co__—
Chemical
No par
*91
92%
Jan
4
93 '/4 Feb
1
$3.75 preferred
89
Jan
11
93 Vs Feb
5
$3.75 cum pfd 1947 series—No par
77>/8 Aug
85
Jan
81% Feb
7
83 Vs Jan
7
$3.40
81/2 Feb
11
91/2 Jan
7
Maytag
32% Feb
4
35% Jan
11
33
43%
110
112
Apr
21
Dec
411/2
Jan
Jan
Jan
Jan
5
111
Jan
5
20% Feb
17
25
Jan
10
110
pfd
cum
Co
$ per share
25
Jan
29
$ per
share
36 % May
Feb
88
Lowest
Highest
101%
42%
Nov
Jun
Jan
S per
90
$ per
share
30% Jan
Jan
33% Jan
3
4
96
29
36
Jan
Jan
26% Jan
3%%
31
Feb
18
41
Dec
52 % May
41% Jan
3
48
Feb
Dec
35% May
30'/4 Jan
4
33% Feb
3
87
Jan
981/2
Jun
93% Jan
12
97
Jan
19
18%
Feb
241/2
Jun
19% Feb
11
21% Jan
8
15%
Dec
24%
Jan
16% Feb
8
McGraw-Hill
10
29%
23% Mar
_
31
May
25
7
$4
17V8 Jan
24
McQuay
231/2 May
15
Feb
15
17% Jan
15
Mead
961/2
Jun
75
Feb
10
82
Jan
13
4
34
Jan
12
31%
Dec
46% May
32 %' Jan
20%
Dec
25
Jun
201/2 Jan
3
21% Feb
11%
Dec
19% May
111/4 Jan
3
13% Jan
47
Dec
62% May
45
Feb
11
49
Shoe
Mercantile
14% Jan
20
50% May
8 V4 Jan
3
8% Jan
20
Merch
&
Min
Feb
63% July
56% Jan
3
61% Feb
2
Merck
&
Co
Nov
95%
Jun
Feb
27%
Jun
44%
Jun
35%
Dec
92
Nov
104% May
Nov
106%
101%
Feb
13
38'%
19% May
F(eb
69% May
Mar
35
Dec
128
11
Dec
'
Nov
9% Mar
Dec
51%
Jun
140
16
14
42%
Nov
87
98
July
54%
Mar
Oct
98'%
10% Mar
Nov
109
Feb
42%
Feb
4
78
92% Jan
19
23% Jan
20
26
Mesta
100% Jan
28
Metropolitan
4
109% Feb
16
Miami
7
Mid-Continent
Petroleum
4
Midland
Prod
130
Jan
7
139
Jan
24
9% Feb / 8
12
Jan
25
12
10
47% Feb
17
5
89% Feb
18
661/2 Jan
21
73% Feb
13
Jan
4
Jan
13
18% July
Oct
11% Feb
14
14% Jan
15
121%
111% Feb
10
123% Jan
17
731/2
Jun
Feb
11
54% Jan
6
9% July
104
42%
4V4 Feb
11
105
6
Jan
7
13%
Feb
34
July
17% Feb
10
23% Jan
7
x331/4
Dec
44
Jan
29% Feb
16
35
Jan
20
9
Feb
151/8
Jun
10
Feb
7
11% Jan
8
2 2'/a
Dec
^or
29% July
tootn-
211/4 Jan
4
23% Feb
3
St
3.20 7c
—
com.
&
Min
Minn
$4
Regul
com
Moline
Power
preferred
$6.50
Mission
Mo-Kan-Texas
7 7c
Mojud
preferred
Carpet
Hosiery
Monarch
34
25%
25%
47'%
33'/a
RR
33%
*34
25%
25'%
25%
25
46%
47
46%
32%
32%
32'%
32%
*95'/4
97
100
.
.
34%
700
25%
800
47
47
47%
1,600
32 Vs
32'%
2,300
*20
201/4
600
16%
*16%
17%
200
15%
2,100
*16%
17
*16%
16%
17
Inc
Tool—
15%
15%
15
15%
75
75V4
75
75
*75
76%
*75
761/2
33%
*29% ; 331/2
f 29
'/a
33 Vs
*30
32%
*30%
33
*29%
21'/4
2IV4
11%
11%
21
21
11%
.1
12
49
*45
*13%
*8%
141/4
8%
21
21'A
11%
11%
*45
14
*8%
*91
21%
13%
14
8%
22%
23
36%
100
100
100%
100
109%
109%
109%
*109
1214
12%
40%
41 %
42%
43
70
%
*104%
43%
4
No par
*11%
10 1/8
12%
41%
*43%
12%
41%
44
12
lO'/a
I37V2
137%
xll%
137%
11%
.10%
'A
IOV4
47'/2
>4
46
x45Vs
45%
46
89%
451%
x881/4
881/4
*88
70%
71'%
72
73
105
105
71
105
12
112%
44
4%
*104%
105
43%
v
138%
60
10%
47%
47%
2.100
90
89%
89%
110
73
72%
731/2;
1,800
72'%
105
12%
105
105
300
2,700
13
I2V2
12%
112'/a
112%
860
45%
451/2
3,900
4%
4%
3,200
4'4
4%
113
105
113
4%
18%
18%
18%
19
18%
18%
5,500
29
29%
30%
30%
311/4
3IV4
1.100
10 Vs
*10V4
10%
400
23
*21%
23
300
%
1014
10 %
10 '/a
101/8
10 Vs
x21V2
21%
22%
22%
23
,
700
47%
4%
'/a
2,800
44
10%
4%
18
42%
138%
47i%
*88
4%
29%
2,600
2,200
45%
17%
90
12%
10%
441%
29%
280
109%
10 %
44%
18'4
100
400
43%
29%
100%
2,700
11%
43%
113%
42%
•'*43%
*137
100
■•'■N
*11%
*42%
113
12%
2,100
11%
11%
12%
17%
*21%
13 %
12%
44:
23
36
*109
200
8%
60
23
100%
113%
29 %
10%
12%
41%
*43'%
*137
36
100
109%
1,800
94
*35
23%
12%
100
23
89'%
12%
8%
60
*90%
112%
__20
1.25
*10
*351%
36
100
12'4
10 Vs
36%
23
*35
*135%
8%
21%
42%
10
8%
60
41'4
*88
*13%
13%
93
12
3
49
xl3%
59%
4214
11%
*45
14
*90'%
21%
1,300
11%
12
49
93
21%
*10.9
11%
40
1,900
21
12
*90%
91%
40%
11%
8%
21
*45
91%
60
137
13%
21 Vs
60
59%
.10
136%
*8%
21'%
59%
60
109%
49
*45
49
94
591%
—.5
.No par
15%
15
77
15'A
11%
A
151/4
15%
*75
112%
Mills—
Machine
50
33%
17
com..__1
Com.
series
Co
4,000
96
20%
Nopar
10
Impl
—
Corp
Mohawk
34
Shares
33%
32%
*95%
17
No par
preferred
Minn
321/4
34%'
33%
96
20
pfd series A
—100
Mfg
—No par
&
25%
*47
96
*95'/2
20
Marie—No par
SS
conv
32%
96
*19%
100
preferred
P
*34
$ per share
$ per share
32'/4
96
No par
Copper
Minn-Honeywell
$ per share
32 V4
for
the Week
Feb. 18
Feb.17
32'A
Sales
Friday
Thursday
20'%
Minneap & St Louis Ry__——No par
Minn
share
1.5
8
Feb
12% Jan
Feb. 16
1,600
211/2
20%
20%
20
36
46
11
HIGH SALE PRICES
Wednesday
20V8
400
32%
111 1/2
*110
111%
20
100
14% Jan
Steel
20%
*110
700
9
8%
*32%
20
100
47% Jan
11 % Feb
20%
8%
32%
98%
*35
5
1st
26%
*109
3
8 7c
34%
.100
.
14
Feb
$ per
96
96
3.90 7c, pfd.100
series—
Jan
12
111%
81%
*79%
8%
32%
96%
323
Co..
Edison
preferred
40 Vs Feb
431/2 Feb
Jun
4.35 7c
81%
8%
33
*96
—50
Inc
41
871/2 Jan
1051/t
Machine
38% Jan
3
Apr
May
v
10
*79%
*8%
96 V2
_____.No par
Scott
No par
$3.50 preferred
Merritt-Chapman &
May
56%
Nov
May
Co
3
35 Vs Feb
81%
*79%
40
100
92%
91
*96
Co
No par
common——4
I
•8
97% Jan
92%
97
1
Jan
106% Jan
*91
-
93
*92
*96
Transp
Inc
92%
*91
120
1,700
38%
38V4
93
96
50
common..
'214/4 Feb
90
*25'%
100
preferred
Stores
Jan
Nov
17%
CLOSED
No par
Corp
(The)
8%
7
*95%
34 Vs
10
Co
series)
(2nd series)
1st
conv
*92
No par
___
Mfg
pfd
92V2
173
*170%
173
92
400
48%
48%
38%
300
10%
10%
1
>
Co
(1st
12'%
13% Jan
Mines
common—
Co
5 7c.
-
EXCHANGE
38 %
38%
21
AND
32
32
47%
Mengel
8
22
31%
STOCK
33%
Melville
3
Jan
—100
$ per share
$ per share
47%
pfd
2nd
4%
1
41
*170%
38%
Feb. 15
33'/4
Norris
Corp
41/4%
41
173
*170%
Tuesday
Feb. 14
Feb. 12
BIRTHDAY
441/2
85%
LOW
Monday
6aturday
LINCOLN'S
—
41%
3,300
81%
*20%
21
5
McLellan-Stores
15Dec
Jun
21
Publishing—No par
preferred
80% Mar
181/2
111%
*110
Robbins Inc com—18
McKessorf &
6,500
*110
1
Porcupine
Mclntyre
14
41'A
111%
Electric Co
McGraw
7
13%
41%
33
Stores Corp com
conv preferred
McCrory
15
8%
Par
17
49
14
32%
share
331/4 Feb
49
15%
8%
EXCHANGE
Highest
49
15Va
32%
STOCK
YORK
NEW
Range Since Jan. 1
Year 1948
10%
9
STOCKS
Range for Previous
Lowest
9%
10%
33
No par
50
5,000
10
9%
10
60
1,800
103%
*102%
103%
9%
*8i%
No par
Corp
10,800
10%
*321/4
*110
6 7/8
17
22
99
10 %
92
*79%
20%
2,900
1,100
9%
*
No par
—
$6
81%
*102%
No par
common...
preferred
1st cum preference
McCall
*79'%
—No per
16%
93%
92
89
Jun
300
6%
20 %
22
39
*92
17%
6%
103%
100
17%
*16 %
16%
41
170%
38%
93%
Jun
$3
41
170
8
6%
21%
900
7
:l 6%
20
16%
*48%
15%
41
41
173
*170
*91%
93
.
49
391/4
93
12% May
10%
*48
38%
Feb
Dec
*10i/4
5
common
841/4 Mar
Dec
11
15%
40%
No par
Corp
100
Stores
6%
5,400
500
*7%
6%
*102%
48
15%
20
15%
15%
18
21%
9%
91/2
6%
16%
21%
*109%. 103
9%
*17
21%
.17
21%
15%
1
preferred
Dept
*16%
48
No par
191% Jan
*10'A
No par
11
18
17
103%
103
100
—
L)
(Glenn
21%
No par
com.
13% Feb
8%
6%
18
6'/4
47% Feb
84
*17%
191/2
6%
Jan
47%
17%
6%
69% July
176
*17%
12,500
; 6%
7%
6%
271/4 May
45
Oct
Nov
*71/8
19%
Feb
35% Mar
7%
61/4
Dec
xl65
*7'/4
6%
18
Dec
7'/4
A
*450
7
8
3,300
'/a
1*6
*6%
500
17 %
17
15%
100
ll'A
*10'%
500
7
19%
47'%
11%
Vs
15 1/2
*450
300
102
*98
11%
17%
4,300
31%
*31%
*6%
6%
21%
31%
13%
13%
102
300
140
*135
13%
6%
71/4
6 Vs
17%
500«
*450
500
i_l
Corp—
preferred
Martin
16%
1/4
15%
15%
15%
15'/a
*450
6%
1
6%
Ry
Marshall Field
7
7
;/■:
*10%
6.25
5
Corp
6
21% Feb
17'%
Oil Exploration
Marathon
7
10
6% Jan
29% May
*7%
5
Maracaibd
81/2 Jan
21V2 Jan
Nov
6%
No par
Shirt
13
Dec
—
15'/4
500
*450
■
10
9'/4
16%
%
151/4
1
50
1
—
25
99%
:
RR
61/4 Feb
Dec
16 %
16%
311/4
*98
—
3
12
6% Jan
22 VB
11
'
—10
•
—
19 Vb Jan
17%
_
131/4
32%
32%
33
140
*135
140
*135
30'%
Jun
8
*31%
33
*31%
32
140
—
10
19% Jan
*
32
'135
Inc...__
May
14%
Dec
15
Jan
33
140
*98%
Trucks
25'/4 May
18% Mar
6'/2
20
*32
*135
5
Mack
G
Dec
Dec
30% Mar
:_10
—100
Macy (R H) Co Inc com—v-No par
414% pfd series h.
100
10
13'/a Feb
2OV4 Feb
94%
13%
com.:
—————
Forbes
&
preferred
,6%
20
(816)
THE
COMMERCIAL
YORK
NEW
l»(e for Previous
RECORD
STOCK
Range Since Jan. 1
Lowest
Hifbeat
NEW
Highest
Saturday
Feb. U
EXCHANGE
HIGH SALS PRICES
Wednesday
Thursday
Tuesday
Monday
Feb. l'Z
STOCK
YORK
AND
LOW
STOCKS
Year JUMrt
Lowest
Monday, February 21, 1949
CHRONICLE
FINANCIAL
&
Feb. 16
8 per snare
1
$ per share
45 Va
$ per share
Nov
9%
52
Jan
11
Monsanto
Feb
8
110
Jan
24
$3.25
107
Feb
11
111% Jan
13
$4
Oct
10
Jan
4
10% Jan
22
May
112'/a
Dec
10%
47 Va Mar
65
52
Jan
3
56% Jan
7
45% Jan
10
Dec
17% May
10% Jan
3
20
Nov
27
Jan
21% Jan
31
23
Jan
7
11'A
Jan
21 %
Dec
16% Feb
11
20% Jan
20
20%
Jan
29% May
19
Dec
23
May
15%
Dec
24
Jun
15
13%
Nov
16%
Oct
10
Dec
33%
Feb
107%
14%
12%
Jun
preferred
(John)
11
25% Jan
7
Motor
Products
19% Jan
3
Motor
Wheel
17% Jan
8
Mueller
12 % Feb
7
14% Jan
7
Mullins Mfg
Munsingwear
Jan
3,
Jan
7
17
42% Jan
25
5
Jan
Jan
110
11% Feb
11
110%
17
13% Jan
6
34% Jan
49 %
49%
"103
104%
"103
107%
*103%
108
"106
108
"106%
108
Co
49%
3,900
107'A
109
109
200
10
LINCOLN'S
5
BIRTHDAY
10
10
10
10'%
10%
10 Va
10'A
*10'A
10%
1,000
53
52%
52%
11 %
52%
53%
12%
53
53%
53'%
53%
6,800
11%
11%
—No par
"21 %
22
22
17%
17%
17%
11%
11%
"21%
22
12
12'A
12'/a
12%
24
22
22
18
*22
23
17%
17%
22'%
22%
17%
17%
17%
22%
22%
*22 'A
22%
19
*18%
19
17%
j
22
6,000
200
2,700
500
No par
21%
21%
5
xl8%
18%
"18%
19
100
*15 Va
15%
*18%
15'A
18%
1
15%
15%
15%
15'%
15%
16
lu
l.OUU
Corp
1
12%
12'%
12%
12'%
12%
12%
12%
12%
12%
12%
Corp
10
10
10
39%
40
39'%
40
39%
111
"110%
10o
*110'A
111
*110
*10 Va
10%
"10
10
1
common
10'A
*110'A
110%
10'A
2,400
10'A
300
39%
39%
2,600
*110'A
111'%
39'A
38%
40
*18%
111
—-
Jan
43
Jun
34
Feb
8
55'/a
Jan
50
Jan
31
51
Jan
8
Myers
14% Mar
21%
Jun
12% Feb
11
15% Jan
7
11%
11%
12 %
12%
12'%
12%
12%
*33
35
*32%
34%
"32%
34%
*32%
34%
*32'%
34'A
No par
50
50
*48'%
50
"48
50%
"48 Va
50'%
*48 Va
50 Va
100
13%
13%
12,400
24
24
Nash-Kelvinator
28
12
50
17
Dec
Murray Corp of America
10
com
preferred
E)
22
5
Inc
Dec
(F
49'A
*103%
.
Shares
Co
50
4%
50'A
105
109
109
for
the Week
52%
5
No par
Co
Murphy Co. (G C)
4% %
preferred
13
48 %
48%
48%
Sales
Feb. 18
$ per share
Corp
Brass
34
Sep
11
49
105
"106
Lines
&
14
10
48"%
"103
CLOSED
Inc
10
38% Feb
'
3
Moore-McCormack
Morrell
share
STOCK
EXCHANGE
Montgomery Ward & Co
Motorola
$ per
4' per share
share
A__No par
No par
B
Utilities
Montana-Dakota
par
$ per
com——5
Co
series
series
Feb
21 >A Feb
May
112
18
12% Feb
Chemical
preferred
xl8% Feb
Oct
45
Jan
A'-.::;;;.^vV
4
103
Apr
122
105 3A Mar
■
•
May
61% May
99 Va Dec
$ per share
$ per share
:
Friday
Feb. 17
$ per share
Feb. 15
& Bros
11%
13
2,900
'
—
N
20
Feb
32%
Sep
23% Jan
13
18
Dec
29
Jan
19
Jan
3
4%
Sep
10% May
5
Jan
3
8%
Feb
13% July
17% Mar
9% Feb
11
10% Jan
3
12
45
32% Feb
18
37
9%
Nov
29
Mar
26%
Feb
162%
Oct
Jun
Nov
32%
32%
175%
Oct'
5%
July
Dec
30% Jan
21
20% Jan
7
National
Feb
3
National
Airlines
11'A Jan
7
National
Automotive
Jan
7
National
Aviation
Jan
25
National
Battery
7
Acme
Co
1
9%
9%
9%
Corp
5
"10%
11'A
*10%
11'A
Co
4
"31%
33 %
*31%
33
3
33
Jan
24
178
Jan
27
7
6% Jan
8
National
Can
8
3
National
Cash
Register
12
Lines Inc
35
Jan
Biscuit
Co
6
Feb
9 %
May
National
City
9%
Dec
13%
Jan
7% Feb
17
8
National
Container
14 Va
Aug
10% Feb
16
12
Jan
11
National
Cylinder
27% Feb
10
29
Jan
6
National
Dairy
14
24% Mar
32
Jun
14%
Dec
21
May
13% Feb
17%
Nov
17% Feb
12%
Dec
22% May
14 % Dec
15
Sep
207/a
85
Oct
96% May
29% Jan
12
Jun
9% Jan
Jan
24
National
Department
12
National
Distillers
15
Nat
13% Feb
16% Jan
95
Jan
7
Feb
38
Jun
30% Feb
33% Jan
21
Oct
177
Jun
169'/a Jan
177% Feb
135
144
$4.50
3
130
Nov
147%
Apr
5%
Dec
7%
Feb
Feb
A
Dec
1
Jan
19% Nov
25
May
24%
81% Mar
Jan
Jun
16% Feb
Ye
Jan
6
19% Jan
114%
Oct
85
21
Feb
22
&
Lead
Jan
8
Linen
Natl
Malleable
&
4
Natl
Power
Lt
10
National
Shares
91% Jan
7
National
Steel
&
Steel
28
National
25 %
July
15% Feb
19
Jan
7
National
Supply (The) Pa
Nov
94
Jan
83% Jan
86
Jan
24
21
Nov
24
Feb
1
Dec
30% May
15% May
21'/a Jan
10%
10% Jan
11'A Jan
31
97/a Jan
9
19%
Jan
9% Jan
3
Nov
12%
11
Nov
19
May
13'A Feb
11
Feb
100
104
Jan
xl01% Jan
12
x27% Mar
35
Jan
11
11
Nehi
Neisner
Bros
Inc
4%%
conv
serial
Feb
8
31% Feb
98%
Jan
93% Jan
3
98
Feb
8
12%
Jan
8% Jan
3
9% Jan
22
2
90% Mar
99
Aug
July
38
Feb
64
12%
Dec
95
Jan
7
97% Feb
49
Feb
10
59% Jan
8
10% Feb
18
13% Jan
10
26% May
90% Jun
70
Nov
20%
Feb
34%
Oct
31
Nov
43%
Jun
12%
Dec
2
70
Jan
19
28% Jan
72% Jan 27
30% Feb
18
11
33% Jan
12
New
York
Air
18% July
10% Feb
11
13% Jan
7
New
York
92
July
72% Feb
14
81
Jan
21
NY
144
July
132% Feb
15
140
Jan
21
Apr
10% Feb
11
14'A Jan
8
23%
27
Mar
49% Jan
200
Jun
20% Jan
5
22'A Jan
21
6%
New
Louis
Co
7
33% Jan
21
4
96
Jan
22
NY
9
17'A Jan
7
81
Jan
88
Jun
3
90
&
Preferred
Power
RR
5%
Highest
$ per share
$ per ; h are
20
Dec
25%
Jun
18% Feb
16
21
Jan
10
13%
Dec
9% Feb
14
14
Jan
3
Noma
23
Dec
17% July
36'/a Jan
23'A Jan
3
27
Jan
13
Feb
Nopco
62% NOV
54
Feb
18
59'A Jan
10
Norfolk &
28'A
Jan
26'A Feb
10
28'% Jan
20
17%
Jun
15% Jan
3
17% Feb
5
A
YORK
30%
30%
30%
30'%
31
10%
10%
10%
10%
10%
10%
10%
11'A
11 Va
11'A
19,600
100
72'%
73%
*72%
73'%
73 Va
74%
1,600
134'A
*132
11'/a
*21
Va
£.50
Ry com—
preferred
North
American
11'% Jan
7
11
85
Feb
18
Northern
Central
Ry
14
34
Feb
17
Northern
Natural
Gas
16%
Dec
27%
Jun
14% Feb
11
17% Jan
7
Northern
Pacific
78
Aug
90
Mar
American
$3.60
1
$4.80
33'A Jan
11
36
Jan
4
7'/a May
3'/a Jan
31
4% Jan
11
3,100
1.000
134'A
500
11%
*11%
11%
800
23%
*21
22%
135
135
11%
11%
*21
23%
4.6%
Inc
31'%
94
94
94
94
94
16
*16
16%
16%
16%
89'%
*88%
89%
89%
*88'%
89%
*88'%
89%
4
12'A Jan
10
Norwich
34%
30% Jan
31
Ohio Edison
$ per share
*17%
9%
*25%
BIRTHDAY
*26
16%
9'A
18%
56
$ per share
18%
*17%
18%
*18%
25%
25%
54%
55
54'%
55
54
54'A
26%
26%
26'%
26%
26%
26%
16%
17'%
9'A
9%
9%
17'/a
9%
9%
85
*84
32
32
33'A
33
14%
15
14%
14%
14'%
15
15 Vb
VA
20,900
9%
9%
9%
8,600
8a
33
33%
5.600
15%
14%
15%
6,500
8 9'A
540
89'A
89'A
89'A
38%
89'A
89
*107'A
107%
*107%
107%
108
9
16%
33%
33%
*3 Va
3'A
2.50
12'%
12'%
12
30%
*30
*33'A
*
3'%
8%
9'/a
9
17
16%
16%
*17
34
*33'A
"33 %
34
12
3'A
12
34
*3'/a
3'A
12'A
*
11 %
90
*33%
9'A
4,600
17'A
17
800
34
10
*3 '/a
3'A
100
*11%
12'A
400
3'A
12
108
9'%
17%
3 Va
40
85
34
107%
8%
800
17%
88'%
'
9,400
17%
107'%
8%
400
17%
85
*84
85
32
25
6.500
25%
*84
17
300
10
9%
25%
16%
Shares
19
9%
10
for
the Week
9%
32
50
Co
19
19
IX
share
25%
85
89
107%
$ per
.
9%
32
88%
share
27
16%
9%
$ per
55'%
*26%
17'a
18%
Feb.
Feb. 17
>.
share
130
600
Sales
Friday
.Thursday
.
Feb. 16
tper
31%
25%
9%
55
26%
31'A
31
26
9%
*25'%
No par
Rubber
Pharmacal
*88'%
Feb. 15
9%
26
31
LOW AND WGH SALE PRICES
Wednesday
Tuesday
Feb.1+
9
&
11% Jan
Monday
17
Telegraph
Tire
2.900
31'%
93'%
8%
preferred
800
16
55
LINCOLN'S
100
8'A
16%
common—10
Norwalk
Jun
31 Va
94'A
8'A
8'A
94%
*107'%
Northwestern
14%
30'%
8'/a
*16
No par
No par
Northwest Airlines
8'/a
*84
100
preferred
2
"7%
(Minn)—
preferred
7
135
11%
10
Ry
4
13
Feb
23%
*21
134
*21
50
Co
Co
Northern States Pwr Co
Feb
CLOSED
25
Aviation
109'A Jan
share
STOCK
EXCHANGE
10
Jan
North
$ per
25
Co
Jan
19
11'%
*11
16%
31'A
94%
Feb. 12
Western
Adjustment
31
10% Jan
132%
132%
74%
74
74
*
*87%
4
81
Dec
23%
30%
1
Jun
Jan
11 '/a
94%
r
Industries
Jun
3%
134%
74
'»
*16
100
pfd__10O
Corp
Chemical Co
36'A
11
72
30'A
30%
Electric
93
11
*71
72
*71
72
30
29%
Pur
Noblitt-Sparks
Feb
8% Feb
6,000
29%
STOCK
82% Mar
16% Feb
300
11'A
30
,
3.90%
25%
17'/a Mar
50'%
10'%
29%
$ per share
27'A May
40'% Apr
*49'%
11%
30
EXCHANGE
Nov
*70Va
£0
11'A
11'A
29%
STOCKS
Nov
72
3,500
9 7'A
49%
50
11'A
30
8%
8%
*95
30
Co
series
& Light
NEW
8'A
r
97%
97%
9
97'A
*95
97'A
29'/a
Shipbldg Corp, partic stock
1
N Y-State* Elec & Gas Corp— >'
$3.75 preferred
;_1G0
Range Since Jan. 1
90
98
8%
30
No par
common
Harlem
Range for Previous
4
93
8%
29
N Y
15
31%
98
300
31%
49
15% Feb
Jan
31%
300
13'A
104
*31
240
91% Jan
87
11'A
13'A
*102'%
104
*46
29% Feb
107% Feb
*102'%
31%
*48
49
13%
*13'A
13%
104
*205
Oct
Dec
200
'
11'A
*70'/a
72
10%
*95
-
"70 Va
*10 Va
49
Jun
10% Mar
11%
300
10%
*10
10%
8%
8%
97
97
*47'%
49
98
400
10%
10%
240
19%
33%
99
8% %
300
10%
10%
*46
39% July
Oct
*31'%
31%
*97%
24
10%
10%
*205
96
16
*31
99
24
10%
10%
8
Feb
109%
31%
24
10%
49
Feb
103%
*102'%
24
11
240
Nov
5
*13'A
13%
104
23'%
8
14%
9 '/a Feb
10%
*10
*13'A
*102'%
85
*46
21
13% May
*10
*84
"205
9% Jan
Jan
10%
10%
*10%
85
*84
30
com
preferred
non-cum
Y
86
8
23%
*10%
17%
17
16%
85
8
3
Aug
14% Mar
12,100
U
11'A
10o
$5
20%
55
17%
*84
*8
7% Jan
25
300
16%
16
16
15%
NY New Haven & Hart RR Co_100
Jun
t per share
22%
49
N
Lowest
*22'A
240
20
Highest
22'A
*46
15
Jan
Year 1948
22'A
*205
Jan
245
Lowest
22
48
51
10
14
22
240
14
Feb
Jan
3.500
48
Feb
Jan
300
86'%
*205
48
225
86
V*
21%
8 6'A
23'%
49
No par
Dock
}'d
*20%
86'%
itf
30
preferred series A
York
ft
20%
"22%
97'A
5.900
1°0
85%
1S6
50
Jun
Mar
14"%
*95
200
1.400
22%
*22
8%
5%
17%
20%
*10'%
8%
100
5%
17'A
6
17%
85%
11
13%
143
11 Ve
20%
23%
10'/a
*142
"5%
85%
84%
104
143
*142
110
85%
*84
10%
175%
5%
*20
20'%
85%
15%
31%
*173'%
No par
Brake
St
22%
5,100
32'A
174%
16%
%
*'%
*20
86'%
220
32
31%
16%
16%
2,300
5,200
95
174'%
31%
5%
6
13%
14%
14
*93%
__No par
61
6% Mar
&
95
28%
City Omnibus Corp
NY
255
Jan
Chic
14%
95
6,100
No par
Central
11% Mar
*13'A
*102%
31%
J)
25
20
10
1
preferred
Elec
Feb
121
10%
preferred
Feb
39
14'/a
31
31'A
16%
84%
100
common
Feb
x30
*13%
13%
94%
*13'%
13%
V95
13%
13%
13%
13%
x94 Va
13%
13-%
9
"22%
"97%
(J
17,600
Itf
coinmon_No par
Co
1,200
18'/a
17
*10%
No par
England
14'/a
17%
143
4
10Q
System
;_20
.New Jersey Pr & Lt Co 4% pfd
100
f%Newmont Mining Corp
10
i Newport Industries common.
_1
4%% preferred
,_100
Newport News Ship & Dry Dock__l
3%%
New
23'A
14'/«
18
*5%
1
Corp
Newberry
27%
14'A
*140
No par
27
Feb
28
14
17%
142
Co
Co
21
Nov
27%
13%
17%
142
100
>.
22
Jan
27%
6
15%
1,100
17%
142
*84
9,300
13%
"5%
"22
2,400
7%
10%
27%
141'/«
lo
6%
7'%
10%
27%
173
com
6%
7%
10%
6%
17%
173
86
6%
7'%
10%
13%
94'A
20'%
2,400
13%
13%
ft
1,800
17%
94'A
16%
5%
32'A
x27'/a
13%
*19%
190
5%
31%
7%
174
No par
_No par
177'%
5%
31%
6%
6%
7%
30%
No par
Fibre
Jan
?
31
Natomas
'177
178
5%
31'A
*176 Va
5%
31
173 »/a
Co
13% Jan
103
87
May
Tea
177%
5%
30%
200
11
13%
10
preferred
Vulcanized
177'%
1
Sugar Ref Co
Nov
80%
National
6,000
30%
25
16%
Natl
200
32%
173 Va
Corp
Jan
4%%
32'%
32
30%
Cast-No par
ex-dist__
11'%
32'%
10o
Corp_
*11
32%
32'A
173 Va
Corp
11%
11%
10%
13%
*93%
1,900
11
13%
■
10'/a
32
:_10
:
Service
25%
Jan
17%
preferred B
Nov
12%
13%
17%
No par
20
9% NOV
27%
13%
common
preferred A
6%
National
21
23'AJan
27%
5
No par
Stores
10
32%
100
Co
Jan
22
No par
preferred
conv
"10%
Stamping—12.50
Co com
1
7%
U Jan
Jan
19'/Wan
1
11
Co
Prod
Gypsum
National
29
6'A Jan
5% Feb
Enameling
National
15
162
15%
Gas
Products
15% Jan
Jan
7%
10%
4,500
11'A
7%
7%
7%
1
6 %
33
7
7
7
1
Co
19
13% Feb
93
7'A Jan
3
100
6
10'A
10
6 '/a
31%
11'A
5%
31'%
31
160
20'A
31'A
31'%
5%
31'A
31
No par
10 Va
*31%
177
177
5%
5%
10
31
31'A
177
"176
100
Corp
10% Mar
6% Jan
30%
10
common..
preferred
10
*19%
20
5%
6'%
10
Inc—1
13%
24
*19'A
6
6'/a
6
3
7%
20
6'A
Fibres
24
25
*19
6 %
Jan
National
*24 »A
19
19
13%
13%
25
"24 'A
19%
13'/a
13'A
13
13%
24'A
"19
1
30% Feb
Jun
12%
24'A
Corp
3
Nashville Chatt & St Louis—-.100
5% Feb
171
9% May
48
Jan
O
26%
Dec
Jun
27% Jan
3
92'%
Jan
103
Jun
99'A Jan
3
Jan
21
26%
Feb
43
Jun
25% Feb
11
33% Jan
7
Jan
17% Jan
8
18% Jan
21
Feb
8
31% Jan
7
94'% Feb
16
99
7
16 %
22%
Apr
18%
6%
88
Feb
36% July
Mar
92
xl09% July
Dec
12'A
Dec
20
15'%
Jan
6% Feb
81
Feb
11
16
convertible
29
Feb
7
31
Jan
15
153
Jan
28
23 v" Jan
13% Feb
8
16
Jan
13
79
Jan
28
Outlet
58% Jan
24
Owens-Illinois
20% Feb 10
77% Jan
27
4
Dec
7 3'A
Jan
49'/a Jan
3
Feb
15% May
8Va
Dec
15
60%
Sep
73
34%
Feb
May
Apr
12% Feb
9
Feb
66
Jan
9
11
>7'V
22% Jan
14
Jan
7
24
Nov
Pacific
Amer
Fisheries
Coast
Co
1st
40
Jan
17
19% Feb
2
'
—
Jan
■
29%
Dec
89
Dec
104'%
Nov
147
footno?>
30% Jan
ft Feb
•
3
Feb
14
29
Jan
3
Jun
89
Feb
7
Mar
135
Jan
5
•ee
page
6
Pacific
Lighting
33% Feb
17
Pacific
Mills
24
21
S
*12%
10
non-cum
3
Jan
55
Inc
preferred
18
95'% Jan
*74
12.50
common
Pacific Finance Corp of
Pacific Gas & Electric
Jan
139
*137%
non-cum
% Feb
54
82
2.50
preferred
33% Feb
18
50'A
2nd
100
*151'%
Co
Pacific
6
7
No par
Glass
7
3
6
100
Co
14
Jan
25'/a
*95
29'%
Mfg
18
37
f.^% July
44'A July
&
*18
10o
*20'%
;
Marine
25%
10
preferred
Outboard
A
30 Va
102
No par
common
Jan
Jan
18% Jan
36%
;
preferred
Collins
10'A Jan
43% May
Jun
Oppenheim
Otis Elevator
6%
pfd—20
No par
70
21 %
15% Mar
For
8%
Elec 4%
preferred
(The) common
Corp
148
Feb
130
10
Omnibus
Jun
89
47'A Mar
90% Jan
&
common
Jan
Dec
29%
10
Gas
convertible
Jun
154
80
11%
Jan
No par
Corp
4%%
8
—10Q
.
Co
Oklahoma
Oliver
common
preferred
Oil
23
Nov
7'A
8
Jan
4.40%
Ohio
37%
Jan
Nov
Apr
100
Jan
27
144%
x25
104
Co
*8%
102
26%
18'%
26%
18%
*30
30
30%
30
30%
102%
*102'A
102'%
26 %
27%
27 Va
27%
27
27%
18%
"18
18'A
*18
18%
*18
102'A
25%
25'%
25'%
25%
25%
2 5'A
25'%
95
94'%
95'A
95
95%
*95'%
96'%
7
7
82
81%
22
*20'%
29'/a
153
14'%
78
29'%
153
*137%
*75
55'%
55
13
13
9'%
No par
*37
39
18%
25
32'A
32%
No par
50'A
50%
*8%
*63
37
*18%
3 2'A
7
81%
21
29%
153
*6%
81
*20%
29'%
*151'%
7
7
82
83
83
21
29%
153
"20%
29%
*151'%
21
*82'%
*20'%
29%
29%
153
Pacific Telep
6%
& Teleg common—100
preferred
100
32%
92'%
*138
32%
93
139
*50
32%
f.3'%
*138
2,300
340
*151'%
700
84
330
21
29%
153
4,400
10
*13%
14%
*13%
14%
*13%
14'%
78
77%
77%
*74
77
*74
77
55%
54
54%
14%
13
9%
68
13
54%
38'%
54'A
2,300
13'%
13'%
500
*87%
9%
100
69%
*39
39%
*39
39%
70
19
19'%
*
19
18'%
19 VA
400
32%
32 'A
32'%
6,900
%
30.100
*8%
69%
*18'A
53
54'%
*68'%
13
9
68
19
38'%
13
9%
32'%
32%
32%
32'A
51
50'A
50'A
51'A
51'A
51'%
33
33'%
33%
33'%
33 %
*33%
93'%
93
93%
93%
93%
93%
139
138
~10
70
13
9
68
37
•
138
139
139
*138
51'%
34
93%
140
24
10,900
7
7
7
Ui
No par
250
103
25'%
Rights
Corp_
600
30'A
102'A
95
68
18'%
*18
30'A
102
95'%
*63
10
26'%
25%
No par
Calif
102
C ''SBBBBBMC
50
700
2,800
380
50
Volume
COMMERCIAL
THE
Number 4779
169
NEW
Range
3%
Nov
4
8'/4
Nov
Par
3% Feb
11
4% Jan
8
11
43% Jan
10
3% Feb
11
4% Jan
5
9% Jan
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
20
5% May
lli/a May
8
Jan
3
Packard
Jun
12% Feb
16
Jan
3
Feb
66
Oct
49'A Jan
55% Jan
24
92
Oct
100
May
Jan
102% Jan
8% Jan
7
99
Jun
"
102% Feb
104% Jan
24% Feb
3
42
Feb
18
2
May
97
Jan
105
Jun
18'A
Feb
26% May
34%
Feb
51
40
20
16 % Feb
2
Mar
May
31/4 May
Jan
3
18
23%
Dec
33%
Jan
1% Feb
24% Jan
24%
Nov
30%
Jun
25
8%
8%
8%
8%
8%
.13%
*12%
13%
100
100%
100%
1
6%
6%
No par
17%
17%
100
*102%
1
22%
preferred
convertible
4%
preferred
pictures
Paramount
Inc—.
Park <fc Tilford Ine
Park Utah
Parke Davis & Co
4
26% Jan
22
5
7% Jan
7
11
14% Jan
18
Jan
4
1
Parker
Consolidated Mines
Rust
*38
1
26
2,50
*25
Co
Proof
'
Jan
28
19% Jan
5
25
19
Deq
37
Jan
27% Jan
31
29
Jan
7
Penick & Ford—
No par
*28
38%
Feb
49%
Jun
42% Jan
3
45% Jan
13
Penney (J C) Co
No par
9%
Dec
15%
Jan
151/4
Feb
21%
Nov
27
Dec
34% May
9% Jan 28
5
17% Feb
3
Penn
19% Jan
7
Penn-Dixie
27% Feb
Coal
10
28% Jan
21
4
Penn
Coke
&
Oct
109% Jan
4
16%
Dec
201/4 July
17%
Jan
4
18% Feb
3
Penn Power &
16%
Dec
22V8 May
16
Feb
11
17% Jan
7 :
Pennsylvania
32%
Feb
10
37
Jan
19
3
110
Feb
7
109% Jan
preferred
5%
par
12%
5
Co
25,000
8%
7,100
7%
13%
53%
'
54%
1,800
99%
99%
*99%
100 %
140
6%
6%
6%
6%
6%
6%
3,000
17%
17%
17%
17%
17%
17%
800
104
22%
104
♦102%
23%
*38
22%
42
*102%
23%
*38
103
23%
42
*102%
104
24%
23%
42.
*38
23%
42
42
27,500
J100
1%
1%
1%
1%
1%
1%
1%
1%
1,700
26%
26%
26%
26 %
26 %
26'%
26%
26
26%
5,000
*25%
25%
25%
25%
251/2
25
25%
700
*7%
7%
*7%
'
7%
7%
1,100
*12%
13%
1,300
7%
200
*7%
7%
7%
7%
19%
*19
19%
19%
*19%
19%
28 %
*28
29
28%
28%
28%
28%
400
43%
44
44
44%
43%
44%
5,200
9%
18
29
*111
7'A
13%
13%
13
43%
,
9%
17%
*27%
7
7%
12%
7%
*25
1%
28%
43%
7
7%
13
*19
19
9%
7%
13
13
29%
43%
—100
54%
17%
*102%
23%
101
*100
8%
*13
.
54
531/4
6%
*17
104
Corp com—No par
—
101
6%
7
7
5
Corp—L—10
Cement
Glass Sand
109%
Jan
3%
25%
l7/a
No par
Parmelee
101
42
27
112
1,700
1,500
3%
8%
*12%
52%
3
10% Feb
3%
34%
3%
13%
53
Shares
3%
*34%
8%
7
8
3%
52%
% Jan
2
3%
tbe Week
S per share
35
*12%
27% Feb
7% Feb
3%
3%
3%
3%
34%
8%
May
16% Jun
x!9
3%
34%
13%
Feb
6% Feb
12% Feb
3%.
3%
34
52%
9
10
3%
3%
33%
Sales for
Feb. 18
$ per share
52%
Transportation
No
Patino Mines & Enterprises
Peabody Coal Co common
5% conv prior preferred/—
6% Mar
3%
33%
Friday
Feb. 17
$ per share
*12%
3
Jan
2%
3%
34
3%
CLOSED
$ per share
BIRTHDAY
7
22% Jan
28
Corp
34
Thursday
Feb. 16
LINCOLN'S
47/
7
Dec
No par
Panhandle Prod & Refining
Paraffine Cos Inc com
Jan.
18%
EXCHANGE
1
Petrol & Transp—5
27
6% Feb
11%
Car
3%
STOCK
1
10
21
PRICES
' Wednesday
Feb. 15
$ per share
S per share
AND HIGH BALK
Tuesday
Feb. 14
Panhandle East Pipe L com—No par
Pan-American
21 %
46
Feb
Motor
American Airways
Pan
131/a Mar
6%
Monday
(817)
RECORD
Feb. 12
$ per share
33% Feb
6% Apr
62% May
Dec
STOCK
LOW
EXCHANGE
Highest
$ per share
S per share
Dec
3 9'/a
CHRONICLE
Saturday
STOCK
NEW YORK
Range Since Jan. 1
Lowest
Highest
$ per share
FINANCIAL
STOCKS
Previoui
Year 1948
Lowest
YORK
&
43%
9%
18
*9
18%
*27%
114
*7%
1,200
2,400
29
*27%
114
*111
114
9%
18%
,
29
♦111
200
18%
9%
,
18%
*27%
29
*111
9%
18
18%
*27 %
114
*111
9%
9%
18%
29
*19
114
'
Dec
48
103
Feb
120
28
Dec
35%
Apr
series A pfd
29
Jan
3
30% Jan
18
Oct
96% Feb
9
100 % Jan
7
8% Feb
5
11% Jan
19
Peoria & Eastern Ry Co
8% Jan
21% Jan
3
10
Jan
10
Pepsi-Cola Co
3
23% Feb
1
Feb
17
12% Jan
7
Nov
20% May
7%
Nov
24 %
Jan
Dec
301%
Jan
Oct
9%
3%%
Apr
Jan
99
Feb
104
102
Jun
Jan
104
5
10% Feb
May
17%
Jan
7
conv
Milk Co
20% May
64% July
3
20% Feb
2
44% Feb
9
51% Jan
19
Pfizer
Feb
59
44% Feb
11
53% Jan
21
48%
Dec
July
May
50% Jan
4
521/8 Jan
104% May
24% Jun
94% Jan
98
Jan
24
Phelps-Dodge Corp
Philadelphia Co 6%
$6 preferred
i
20% Jan
22% Jan
21
Phila
23% Jan^
25% Feb
4
55
Dec
22
Nov
25%
104
Jan
115%
91
Sep
Jun
Jan
14
103%
111'
28
5
7
15% Jan 28
19% Jan
40% Jan
91
11
84% Jan
37% Jan
7
88% Feb
4
41% Feb
*
Jan
97%
Jun
93% Jan
3
99% Feb
Nov
88%
Oct
88
.Jan
6
88% Jan
Dec
13%
Sep
10% Feb
10
11% Jan
Jan
921% Aug
90
Feb
11
Feb
11
54%
Jan
77% Jun
51% Feb
4
58% Jan
7
10
Dec
14% May
9% Feb
9
10% Jan
30
Dec
34%
28% Feb
17
3214 Jan
35
34%
34%
9,000
107
106 %
108
*106%
Electric
108
107
31
*30
30%
*30
30%
30%
30%
30%
30%
300
99
99%
*98
99
99
99
99
99%
1,600
98
99%
*9%
8%
23%
*102%
103%
10%
*9%
10%
8%
*22%
10%
10%
8%
*106
106%
*9%
*9%
10%
8%
8%
8%
*22%
23%
*221/4
102%
102%
*102%
103%
103%*
*10%
10%
10%
10%
xl8%
*22
.
18%
*19%
19%
1
45%
45%
45%
45%
45
44%
45%
45
46
46
46%
*51%
*96%
33%
51%
51%
51%
500
46
2,000
: 47%
9,200
51%
51%
98
98
99
97%
97%
50
21%
21%
21%
21%
21%
21%
22%
4,400
25
25
25%
25%
25%
*24%
25%
600
111%
111%
*25
111%
*99
'
33%
34
99
107
15%
*97
111%
112
*99
100
107
107
107 15%
111%
.
'15%
15%
34
34
*86
'
,
88
15%
34
88
*86
.
;• 99
'
107%
•15%
15%
.
111%
100
107
'
34%
98/.
98
*98'"'
100
90
*88%
90
10%
*10%
11
91
*89%
98
*88%
90
*88%
Phillips Jones Corp com—:—No par
5% preferred
-.—100
*10%
11
10%
*89%
91
*89%
112%
.
110
99%
200
106 %
107%
120
"'15%
15%
6,300
34%
34%
*86
88
*88%
*96%
99%
*
330
3,100
88
V
40%
40%
52
*111 %
35
*86
40%
40%
100
.
46%
52
——100
4%
preferred
;
3.60% series preferred
*45%
47%
97%
88
,40
*18% ;; 18%
46 *
46%
'
21%
100
*86
18"%
45%
500
51%
107:'
15%
90
11%
*96%
25
*110%
*10%
98
21%
25
preferred
17,500
104
52
21%
div preference com——No par
9
23%
*102%
11
30
10
8%
*22%
104
*18%
18%
108
*9%
9%
23%
10%
45i/4
—25
preferred..—50
19
10
'
8%
23%
:
No par
;
-—'—No par
common—No par
Co
18%
*30
Corp common
3
3%% preferred series A—i—100
Philip Morris & Co Ltd common—5
11
87%
34%
*99%
26
11
34
107
18
82%
33%
P'nilco
17
87
4,000
16,000
35
*33%
4.3%
8
Dec
July
16%
33
3.8%
7
33% Feb
39%
"
16
*107
100
preferred
—100
preferred
i
,—100
Phila & Reading Coal & Iron——_ 1
31
45% July
Sep
25% Mar
Jan
% Jan
18%
16 %
5
Brewing Co
(Chas) & Co Inc
4.4%
3
101
108
98
21% Nov
Jan
81
112
110% Feb
Jun
Jan
Jan
Jan
106% Jan
Jun
Sep
103-%
$1
18%
16%
100
Pfeiffer
17
18%
16%
loo
preferred
Petroleum Corp of America
Dec
Dec
18%
16
No par
4%%
Feb
93
18
16%
33 %c
40%
20%
18%
16
32%
100
common
44%
Jan
18%
16%
5
Peoples Gas Light & Coke
Pet
18%
16
100
Peoples Drug Stores Inc
14%
17
18%
Pennsylvania Salt Mfg Co corn-—lo
106
9%
98%
No par
50
45%
86% Feb
22
Light Co__.
RR
41%
41%
41%
7,600
100
99%
99%
300
90
*88%
90
*10%
11
*10%
11
*89%
- ;
40%
91
*39%
91
41%
*98
300
•
98%
Apr
10%
113
Dec
Petroleum.;
20
Phoenix
Hosiery
24
Pillsbury Mills Inc common
$4
102% Jan 21
5
100% Jan
Phillips
11
Jan
13% Feb
3
preferred—No par
85
Feb
2
32
Jan
7
Pitts Consolidation Coal Co
16% Jan
7
Pittsburgh Forglngs Co
1
Pitts Ft Wayne <fc Chic Ry com—100
Apr
July
Jun
Nov
10
Jan
26
142
Jan
165% Jan 21
30% Feb 11
170
142
.
Jan
7% Feb
Feb
20
Jun
Jan
170
8% Jan
96
Oct
70%
Dec
821/2 May
Feb
26%
Oct
18
145
Jan
July
46i% July
7
Pittsburgh Steel Co com
7% preferred class B—
24
16
71% Jan
27
7
21% Jan
24
Jan
139
7
Jan
161
Dec
10
147
Feb
1
11
28
Jan
6
Pitts ton Co
3
Feb
'I
23% Feb
88
5%
■
Range for Previous
11
10% Jan
20
44% Jan
7
Jan
12
Pond Creek Pocahontas
24
Poor
70% May
36% Feb
11
29%
Feb
46
34
Feb
8
Dec
Jun
11
12% Jan
Jan
3
14% Jan
3
8% Jan
24
Jan
24
66% Jan
18
13
Jan
14 % July
5%
Nov
lL-% May
22%
Nov
35% May
62%
Feb
71%
18
Feb
28% May
81
Mar
94
Apr
85
Jan
25% Feb
1
Plough Inc
;
Plymouth Oil Co—
6
6% Jan
xl0% Feb
16% May
12%
Jan
36
5
60% Feb
15
18% Jan
3
14
28
22
Feb
Co
Potomac
4% %
16
$4.75
39% July
38
Jan
3
40
Feb
9
Public
Dec
24%
20 % Jan
3
21% Feb
3
Pub Serv
28 % Feb
4
$1.40
25
Dec
30 % May
Jan
3
32%
Nov
53
Jan
31% Jan
3
34% Jan
7
Pullman
Feb
42
May
25% Feb
5
317/a Jan
8
Pure
Jan
6
108% Jan
26
26% Feb
8
Jan
10
Feb
Feb
33
17%
Dec
25% May
108 %
Sep
July
107
Jan
28
11% Feb
19
28
Co
*84
27%
14%
86 ?
27%
28%
14
*143%
148
*1431/8
148
*143%
148
169
*167
169
*167
169
7%
13%
30%
7%
12%
175
*150
'■>:
83%
71
18
149
*145
*23%
23%
13
*150
30%
•'
8%
8%
13
13%
175 '
*150
169
70
70
18 %
18%
18%
149
*145
23%
*23
149
23%
5,800
13%
2,400
165
83%
70
70
180
19%
500
*18%
149
23%
6,500
82%
83%
*143%
"10
v;
8%
*150
70
*18
.
30%
13
13%
70
*82%
300
8%
175
83
169
3,100
30%
8%
82%
18%
*23
*143% 145
31
71
18
*145
12%
30%
83%
*70
*17
8
175
,
83
*69%
30%
10
28%
14
*164
30%
700
'86
*84
28%
14%
*14
*143%
23%
23%
330
149
23%
:
Monday
Tuesday
Feb. 14
$ per share
Wednesday
Feb. 15
$ per share
Thursday
Feb. 16
$ per share
500
Sales far
Feb. 18
$ per share
the Weak
$ per share
STOCK
*9%
9%
9%
9%
10
10
*9%
36%
37%
37
37
37%
37%
38%
38%
38%
33%
35
35
34%
34%
34%
34%
*34%
Shares
10
EXCHANGE
CLOSED
9%
•
9%
35
*341/4
300
1,800
35
11
11
10%
11
10%
10%
10%
10%
10%
14
13%
14
13%
14
13%
13%
13%
13%
6%
6%
7
6%
500
10%
13%
BIRTHDAY
*25
6%
27
*25
6%
7
7
26%
26
60%
60%
60%
60%
60%
60%
60%
20
19%
19%
19 %
19%
20
20 %
*87%
88
*87%
7
60%
19%
No par
*25
;•
*25
26%;/v
60%
19%
1,300
8,200
7
2,100
26 %
100
60%
3,100
19%
2,300
88%
88%
38%
39 %
39%
39%
39 %
39%
39%
39%
39%
39%
2,400
21%
21%
21%
21%
21%
21 %
21%
21%
21%
9,400
27%
32 %
27%
28
27%
32
27%
27%
27%
No par
32%
32%
32
No par
25%
26%
25%
100
'107%
108%
No par
*25%
27
*19
20
Quaker State Oil Refining Corp_10
.,■26
"
20%
?
corn—No par
common
Friday
Feb. 17
$ per share
LINCOLN'S
Colorado—20
com
preference
(The)
84%
27%
*13%
12%:.
12%
12%
No par
Inc
Oil
x84%
14
*12%
5
com
5% conv preferred
Purity Bakeries Corp
20Va Jan 14
88
12%
1
com
Inc
of
El <fe Gas
div
J:25%
101%
*85
12%
27%
83
10
"
88
8
700
115
12%
30%
100
102%
*101
'
10
Co
preferred
Service
*102
115
No par
Industries
cum
Jan
x25
Power
preferred series A—50
conv
102%
*101 f
148
No par
Procter & Gamble
Publicker
20
26
1
class B
Electric
32%
Jun
5
——5
Pressed Steel Car Co Inc
2
88% Feb
&
*102
169
Feb.12
Par
9% Feb
Jan
28%
115
14
*12%
Saturday
$ per share
$ per share
33
10
28%
13,600
LOW AND HIGH SALE PRICES
12% July
9% May
*8%
29
103
27
*150
100
100
STOCK
$ per share
5 per share
10
28%
*143'/8
1
YORK
*8%
*101
14
7%
EXCHANGE
Highest
Lowest
Highest
56 %
*102
*12%
STOCKS
NEW
Since Jan. 1
Year 1948
Ltwest
'V/'i-:
55
102 %
27%
No par
No par
100
100
(The)
55%
*164
preferred class A
5%% 1st ser conv prior pfd—100
.
55
115
*101
12%
14
30%
Pittsburgh & West Virginia
Pittsburgh Young & Ash pfd
11
29%
27%
10
15% Jan
12% Feb
81% Jan
*85
1
100
Feb
70
15
7% gtd preferred
Pittsburgh Plate Glass Co
Pittsburgh Screw & Bolt
26
21
Dec
Feb
26
Jan
35% Jan
14
73%
11 %
115
5
39%
26%
*101
3
169
10%
100
15
155
140
102%
102 %
Feb
Dec
29%
*102
Jan
Feb
10
28%
29%
13% Feb
Dec
*8'A
*8%
27
30
10
9%
81
157
551/4
——No par
convertible
$5
54i%
29%
July
Jun
54%
9%
12%
'
53%
*29%
Coke & Chem Co com—No par
11
54%
.25
361% July
93
Feb
53
5
preferred
Pitts
3
;
:No par
Pitts C C & St Louis RR
Sep
Jun
138
7%
90
23%
Mar
12%
Jan
15%
Dec
801/4
26
103'/2
Jun
110
Jan
/
88 %
88%
88%
*88%
90
V
40
'
27%
27%
28%
32%
32%
32%
31%
32%
3,700
26%
108
27 %
26
26V2
26%
27%
26%
27%
12,200
*108
108%
19%
19%
*19
108
*26
26%
*103
7,100
108 %
108%
108%
26%
27%
27%
27%
27%
400
19%
19%
19%
20
300
30,700
*19
•-
300
R
Jun
7%
Feb
15
63%
Feb
75% May
6%
Oct
11% May
98 %
Nov
89
Jun
34%
Jun
11
14% Jan
3
74% Jan
22
7% Jan
3
9% Jan
10
92% Jan
4
95% Jan
24
Dec
Jan
3
29
Jan
3
30% Feb
$3.50
1
Jan
4
34% Feb
Feb
$2
Feb
27% July
11
23% Jan
7
36%
Feb
45
Apr
x37% Feb
15
43
Jan
3
4%
non-cum
31
Feb
39
Jun
31% Feb
10
36
Jan
7
4%
non-cum
10 % Jan
Dec
10
15% May
Reading
11%
106
Dec
Nov
Real Silk
18
May
3
11
Feb
4
Jan
7
106
Jan
31
1%
20% Feb
Jan
11
23% Jan
25
Reed
11% Jan
14
13% Feb
18
Reeves
105
Reis
l
Dec
14%
Feb
11
8% Jan
27
r%
Dec
25% May
18% Jan
4
20% Jan
27
)%
Dec
13% May
8% Jan
3
I
Dec
66
Aug
53% Jan
27
5%
Dec
15% May
.91/8 Jan
1%
Dec
99
)%
Dec
29%
3%
I
Jan
.
div
prior
$4.50
Republic Aviation Corp
Republic Pictures common
i
Jan
111% July
21% May
105%. Jan
Dec
Feb-
102
footnotes
•
set
Oct
page
13
«
Feb
85% Feb
24.
3-i
5;
10
.
Jan
5
100
27-
$1
6% Jan 31
7X-
..10
preferred
Motors
5
-;
.
,
(R
20
28
400
28%
33%
33%
*33%
33%
200
20
20
*20%
21
21
21
*20%
20%
800
39
39%
x37%
37%
*37%
39
*38
39
*37%
38 %
900
32%
*31%
*10%
32%
*31%
32%
*31%
32%
*32%
32%
*31%
10%
'102
107/a»
105
*102
•
a
20%
*10%
11%
*102
105
21%
*20%
13
13
20%
11%
*10%
*102
*10%
11%
21%
*20%
13 %
13%
*101
105
21%
13%
105
8%
8%
8%
*8%
—-
11%
100
105
■
—
*20%
21%
•'
13%
13%
2,500
20%
20%
8%
8%
8%
8%
200
20%
'53%
54%
*53%
54%
*53%
54%
*53%
200
54%
9%
9%
9%
9%
9%
9%
9%
(
/
*8%
8%
20%
8%
9%
'•••.«.
20
-81
20
84%
*20
*81
*8%
8%
20%
*20
85
*81
81
84
*20
8%
9
*54
9%
*80
81
8%
900
54%
9%
83
7,200
100
1
9%
9%
9%
9%
9%
9%
9%
9%
9%
9%
1,400
1
6%
7
6%
7
7
7
7%
7%
6%
6%
23,100
2%
2%
2%
2%
2%
2%
6%
6%
6%
50c
Steel
nr*>*o-
*8%
*8%
25
Inc
,100
;
3,900
8%
preferred
10
Corp com
No par
110
Jan 31V .V 6% conv prior pfd series A
100
16% Jan 12 V Revere Copper & Rr« « 'om„No par
99% Jan
900
26,500
95%
28%
x8%
convertible
Republic
27% Jan
33%
*27%
28
_50c
Reo
3
33 Va
50
8%
28%
*■
100
7
7
33%
pfd 3%% series
Remington-Rand common
8
3
33%
Conv
3
4
*33
*33
*27%
5
8% Jan
5% Jan
28
No par
12% Jan
21/4 Jan
27%
preference
83% Feb
23% Feb
27%
12 7
9
Oct
27%
'/... 27%
13%
4
5% May
28
50
50
*34
95%
*94
27%
12%
18
33%
71
8%
27%
50c
6% Feb
11% May
12
70%
8%
(Robt) & Co—
$1.25
7
11%
70 %
8%
28
Inc
9% Feb
Feb
For
10
12%
70%
>
27%
*20%
78% Jan
Nov
'
3
95
11%
*V
27%
21%
Stores Corp
Reliance Mfg Co common
3
8%
'
*20%
Jan
1%
2%
54% Feb
70%
95
95
common-No par
Reliable
9% Jan 24
*93
11%
8 %
27%
1st preferred
2nd preferred
Aug
-
i%
5
8
95
11%
*69%
8%
26%
Hosiery common
Bros
70
8
%
1
common
Co
11%
70
8Va
*93
25
Bit
11%
70%
8
No par
preferred
Roller
11%
70%
100
pfd
13% May
Feb
% Dec
Jan
Co
11%
1
preferred
16%
101"
No par
Rayonier Inc common
3
20
preferred
Raybestos-Manhattan
4
26
32
1st
Radlo-Keith-Orpheum
Ralston Purina Co 3%%
19
26% Jan
25%
Radio Corp of America com—No par
7
Jan
70
>6
6
*6
24%
24%
24%
24%
L07%
109 %
*107%
109%
13%
*95%
13%
97
13%
*95%
13%
97
24Va
*107%
.
13%
*95%
24%109 %
13%
97
2%
3
,
2%
6
3
6%
2,800
6%
6%
24%
24%
24%
24%
107%
107%
106%
106%
300
13%
3,100
i"
13%
*95%
13%
97
13%
*95%
97
6,200
13,700
•
22
THE
(818)
COMMERCIAL
NEW
Range for Previous
Range Since Jan. 1
Highest
4%
19%
8
4% Jan
15
29%
Apr
19% Feb
8
104%
Jan
100% Feb
Nov
Mar
May
Dec
92
1
5% Jan
23
6
Jan
26
17
103% Feb
3
6% Jan
6
5Va%
Jan
Jan
11
45
Jan
5
94
Jun
85'A Jan
3
90
Jan
31
Preferred
&60%
series
—100
Dec
102% Jan
4
105% Jan
26
Preferred
4.50%
series
—100
104%
13
Rheem Manufacturing Co
Richfield Oil Corp—-.
l
17%
No par
26 Va
No par
19
19,
24% May
17
Jan
4
19% Jan
15%
Jan
49
Jun
24% Jan
3
30% Jan 21
Dec
28
Jun
18% Jan
3
21
4% Feb
11
7'/a May
Sep
Feb
12
(JR J)
Common
Ritter
Rosin
Robertshaw-Fplton Controls
22
' Feb
25% Jan
3
21
Jan
4
23% Jan
24
17% Feb
10
18% Feb
3
54
Dec
72
May
49% Feb
16
55'A Jan
8
Dec
18 V*
Jan
8% Jan
3
10% Jan
13
16% Jan-
3
19% Jan
24
107%
Sep
Jan
5
113% Feb
16
39%
Feb
61%
Jun
42% Feb
11
48% Jan
3
8%
Feb
16% July
48% May
8 % Feb
15
12% Jan 25
38% Jan
104 Va Feb
11
122
Jan
25
Feb
16
91
Jan
67
Jan
139% May
58
Jan
101
Jun
87
6
42% Jan
—
43A%
25
50
Safeway Stores common™.
5% preferred
'
Joseph Lead
——
18%
112%
43%
8%
Preferred
5%
series
A 5%
t c_—100
v
10% Jan
3
25% Mar
26% Feb
11
30% Jan
12
Schenley Industries Inc
39% Mar
51
May
46% Jan
6
49
Jan
18
Scott
88
Nov
95
Jan
93
Feb
9
x96
Jan
13
87%
Nov
93%
89% Jan
7
12
Dec
l57/8
Apr
Jun
79
Oct
87
Apr
12%
83
14% Feb
Jun
50
Feb
7
55.
Jun
16% Jan
4
18
Jan
35%
Feb
59% May
46
Dec
18
5%
series
preferred
Jan
7
27
6% Jan
13
15
39% Jan
8
-Feb
11
11% Jan
7
Seeger Refrigerator
5% Jan
6
6% Jan
7
Jan
99
36% Jun
104
Feb
Nov
9% Feb
7
Jan
11% Jan.:
12
101% Feb
297% Jan
27
Jan
3
30
Feb'
46%
Oct
33
Feb
11
17%
Feb
27%
Jun
22% Jan
4
,
77
7
38
5
7
Oil
14%
100
12%
14%
•50
37%
•37%/
5
•5%
6%
No par
,
37 Va
•5%
10 V,.;.,
34%
~
1
9%
9%
9%
par
102 Va
•101
(W
A)
Pen
8%
1
Co
•101
1
-.a
-
15
32
8%
102 %
V
9
.
.
32%
/
35
24
Jan
7
Sinclair Oil Corp
No par
19%
20
Skelly Oil Co
99
99
Sheraton
7
Corp of America—:
Silver King
1
Coalition Mines-
Co
5Va
5
25 Va
Oct
18% Feb
8
21% Jan
7
Sloss-Sheffield Steel & Iron—
Jun
20
Feb
7
25
Jan
7
Smith
31% Jan 24
5VaV;/
5
19%
•20%
21
Smith (A) & Sons Carpet Co com—20
29 Va
20%
99%
20 Va
19%
100
> 100
*28%
28 Va
28%
28%
28%
28%
88 Va
99 Va¬
*983/
•15%
le
•15
14%
Feb
23
Jun
15 % Feb
15
17% Jan
7
15%
96
Nov
104%
Jun
99% Jan
5
100% Jan
24
Socony Vacuum Oil Co Inc-—-—15
Solvay American Corp 4% pfd—100
Nov
5
May
3% Jan
3
4 Va Jan
11
South
Amer Gold
Oct
7% Jan
13
7% Jan
3
South
Carolina
441/4 Feb
15
56 '/2 Feb
3
24
Oct
54
/Jan
27
Jan
12
Jan
3
Aug
29% Feb
18
39
Jan
3
Jan
36% Jan
7
40
Feb
18
29% Jan
5
31
Jan
26
Southern
28 % Jan
3
30% Feb
17
Southern Natural Gas Co
5%
preferred
conv preferred
South
Porto Rico
8%
California
7
Southern
Pacific
x35% Feb
11
41
Jan
7
Southern
55% Feb
18
61
Jan
26
Jan
6o% Feb
.14
66% Feb
9
49% Jan
5%
$ per share
12%
$ per share
$ per share
Dec
20% May
Feb
7% Jun
4%
Feb
Dec
8% May
4'/a Jan
3
73
Jan
68
Jan
24
22
Dec
29%
Jan
21
Feb
7
20%
Feb
30%
Jun
25
7%
Aug
13% Jan
15
Feb
14
7% Jan
3
7
7
Jan
7
69% Jan 31
241/4 Jan
7
27% Jan
7
8% Feb
4
14
May
May
Jan
5
70
Feb
3
14% Feb
7
16% Jan
7
Squar* D Co
29 %
23% Feb
5
26i/2 Jan
20
21% Aug
95
Nov
19%
Dec
79%
64
Jan
104
91 %
Jun
83% Jan
20
88% Jan
6
27% May
Oct
Oct
18'A Jan
3
25% Jan
19
98 "A Jan
3
109% Jan
13
17%
Nov
86
Feb
1097/8
97%
Feb
121
54%
Jan
73
36%
Feb
53
69%
Feb
92"%
23%
Nov
35
Oct
109
$3.50
$6
4
Jan
13
Jun
56% Feb
11
67% Jan
8
Jun
36% Feb
8
41% Jan
7
Standard
Jun
65% Feb
7
74% Jan
-7
Standard
Oil
of
Jun
23% Feb
8
26% Jan
7
Standard
Oil
of
120
$7
Standard Oil of
Oil
Oct
97%
Jun
97
Jan
4
99
Jan
22
3%%
11%
Feb
15%
Oct
14% Jan
4
161/4 Jan
18
Standard
Feb
43% May
41% Feb
17
44
Jan
24
36%
Nov
41% May
31% Feb
9
38%
Jan
7
4%
of
4 4 Vt
/•;
•
*43
46
.•;-55:ZZZ
•12;
36 Va
35%
35%
40
•38%
Z
34%
40
.
54%
12Va
32%
34
*38 Va
■40
*.■•
40
46
*43
*53%
12%
35 %
*38 Va
46
*43
*53%
1,400
•
100
54%
12%
12%
1,100
29%
31 Va
3,100
40
40
500
30%
30%
30 Vt
30%
30%
30%
30%
30%
2,800
29%
30
30
30%
30%
30%
30'/a
301/4
3,100
43%
10,8w0
44
43%
44%
37 %
37'/a
37'/a
37
37
2,900
55%
-/:■/ 5638
56%
55%
56%
100
1,200
65%
65%
•65%
*65 Va
.67%
*65%
Monday
Par
1
2
.
$ per share
STOCK
Spring common—1
convertible preferred
50
Starrett Co (The) L 3
No par
.Z11Z/:/
*10%
4%
4%
'4%
4%
*41/2
4%
4%
*67
70
21
Z
21
LINCOLN'S
BIRTHDAY
25
*67
21
251/4
25
70
'
*65%
68
4%
70
*67
-10%"
4%
-
'
■
21%
21%
25%
25 Va
11
*67
25%
$ per
>
70
;/
4%
4%
25%
'
7%
77/a
7%
7%
7%
7%
7%
7%
67%
*67Vt
68
67 %
67%
67%
67%
67%
15%
15%
15%
15 '/2
15%
*15%
15%;1
15%
24%
24%
24%
24%
*23%
24%
Z -24%
100%
101%
101%
101'/a
100 %
101 V|
100%
18%
18%
18%
18%
18%
18%
85%
85%'
Z
*84%
21%
22'%
101 %
101'/4
*101
112%
112
112
56%
37
57%
':37'/a
21%
z57%
•r-"
37
85 Va
22
1017%
84 3 4
22%
*101'
19
25
.
.
100%
V
Z-
5,800
1,900
67 '/2'
110
15%
2,000
25%/
3,000
101%
19
320
I:
19%
5,200
85%
85%
22%
22%
103%
24%
11,900
102
105
106
107%
700
114
114%
118
85%
*85
22%
86
22%
370
111%
111%
112%
1,600
••
58
57%
58%
58%
59%
59
59%
9,400
•;
37%
38%
39%
39
39%
13,800
f
21,400
*, 5
"37'/a
66%
68
66%
67 Va
671/4
67%
68%
67%
24
241/4
24
24%
X23%
23%
23%
24%
24Vt
*97
98'/a
98
98
98%
98%
*98%
99
*14%
14%
14%
15
14%
15
14%
15
42
>
42
*32%
34
XI4%
98'/a
14%
*97%
Z
*41 %
42
*41%
42
*31
33
*31
33%
41%
*32%
,
41%
34
V
'
68
'
24%
*41 Va
11% Mar
15% May
10% Feb
5
13
Jan
18
Sterchi Bros
39%
Jun
35% Jan
3
38% Jan
20
Jun
Sterling Drug Inc common
3% %
preferred--
Feb
97
23%
Dec
36% May
24% Jan
12%
Feb
16% May
12
88
Dec
18
Jan
15
Dec
20
Jan
11%
Jan
94
18% July
29 % Jun
9%
16% Mar
6%
Nov
91%
Dec
11%
9%
Dec
/
9
Dec
8%
For
Nov
10% Jan 25
33%
26
7
Stone & Webster——
16% Feb
10
21% Jan
7
Studebaker Corp
7% Jan
18
Jan
8
92 % Feb
16
10
60
Jan
3
117
Jan
17
118
Feb
18
6% Feb
Jun
7% Feb
18
page
24.
9% Jan
5
96%
96%
200
27%
27%
27%
28%
8,200
12%
12%
12%
12%
12%
1,700
9%
9 Va
9%
9%
9%
9%
9Va
15 %
16'
16
•15%
16
15%
15%
15%
15%
13
13%
13
13
12%
13
13
13
13
13
16%
*
17
16%
17%
17%
18%
18%
18%
18%
18%
•15%.
6%
*93
53%
54
117%
118%
*117%
118 ¥4
117%
117%
Sunray Oil Corp common
Sunshine
preferred
preferred
Biscuits
Sunshine Mining
6%
*117%
6%
94
54>/a
119.
6¥4
1,009
200
2,300
20,200
'7
*93
1,800
94
55
56
117%
118
20
1,700
:
■/•.: 4o
1
9%
97/a
9%
series
A
25
*16%
16%
*16%
16%
16 ¥4
17
16%
16%
16%
16%
600
series
B
25
17%
18
*17%
18
17%
177/a
17 ¥«
17%
17 ¥t
17¥t
2,900
36%
3 6 34
*361/4
37'/4
*36'/a
37%
37%
37 3/8
37
373/a
700
87/a
4,900
.
Inc
Co—
Superior Oil of
Jan
98
27%
12%
92%
Superior Steel Corp
Sutherland Paper Co
16%
9%
•95
27%
6¥t
6
7
9%
98
27%
' 12%
53 ¥1
12
Jan
9%
*■95
.'27
12%
92%
11
i
12 y*
6%
common
Jan
36
1
27,%
12
53%
Corp
9% Jan
4
20
No par
(The)
14% Jan
32% Jan
—
98
26%
93%
14
Jun
•95
*'95
5
6%
13
44%
98
100
52%
40% Jan
168
5,500
*92%
4%%
7
600
37%
6%
4%%
7
11%
37%
52%
7
17
•11%
37%
93%
8
'
11%
37%
6%
13
Feb
•11%
52%
11% Jan
'
11%
37%
*92%
19% Jan
8 % Feb
•11%
x37 %
1
17% Jan
12% Feb
see
Chemical
5
,'
11%
38
Oil Co common--——_No par
Class A 4% % pfd
100
14
145
11%
37%
$4.50 series A preferred—_No par
17
36 % Feb
11%
37%
Sun
17% Feb
Jun
footnotes
Sun
prior preferred
9% Feb
'
19%
i
5%
16% Feb
21% Jun
11% Mar
7
11%
Stokley-Van Camp inc common—1
16% Jan
"Z
37 %
/•—15
—
14% Jan
% Feb
July
Corp
California
12.50
10c
25
50
10
Sweets Co of America (The)—4.16%
8%
148
12%
*33
8%
8%
148
12%
34
8%
10
9 7'a
8%
8%
8%
*146%
152'/a
*148 %
*12%
10
97/'a
*12%
13%"
33%
33%
*33
33 ¥t
8%
8%
8
8
10
lO'/a
10,700
8Va
'
8%
149%
8%
151
13
lO'/a
149Va
13%
13%
*13 V«
133/4
33%
33%
33 Vt
33%
400
*73/4
8%
73/4
73/4
600
8%
*149
153
)
300
•
1
& Co Inc—
4
52
Jun
(J P)
16
Jan
235
Dec
Dec
3
9 % Jan
Stevens
Stewart-Warner
12% Feb
90
43
Mar
31
7
Nov
26%
34% Mar
13%
18
July
15% May
Dec
140
27
28% Feb
14% Jan
100
Z.S
5,200
5
Inc
151/4 Jan
■
120
Feb
17%
Jan
3
98% May
Jan
18%
6
14
Feb
70%
50 % Mar
113%
Jan
>
200
V
42%
*32%
5,600
v
32% Mar
/
112
38%
67%
/
'
1.000
7%
"
*25
*100%
19%
L./Z
21% t
25 Vt •'25%
15
300
y
70
21%
67%
1,500
2,300
\ :
14%;
*67
21%
Shares
10%
10%
for
the Week
share
*4%
;
21%
25%
«
.
Sales
Feb. 18
share
•<>.4%
..4%
Mm Z 4%
■
21%
7%
50
Friday
Feb. 17
$ per
11%
4%
4%
New Jersey25
Ohio common—10
Steel
S per share
10%
68
Thursday
Feb. 16
$ per share
11%
43'/*
PRICES
Wednesday
4%.
25
preferred series A—_.—.100
SALE
CLOSED
California—No par
Indiana
HIGH
EXCHANGE
.-No par
No par
No par
AND
Feb. 15
$ per share
*11
67%
Tuesday
Feb. H
No par
Stores
/
*53%
:Z
43%
-
preferred
preferred
Jan
4,900
553i
Saturday
preferred
prior
prior
1,600
7%
36
com—No par
Inc
3%
7%
56
Standard G & E Co $4 pref—No par
38
89
•38%
—
Brands
100%
3%
7%
43
Standard
103
99%
3%
Z 7%
3%
'7Va
36 Va
17
28
100'/8
*100
3%
7%
55-/4
10
16
17% Jan
100'/a
3%
7%
42%
Jan
100% Feb
Jun
100%
100%;
V,
100
400
44,300
35%
21% Jan
Jan
15%
56%
—5
Squibb (E R) & Sons common
1
$4 preferred
No par
29%
15%
35%
"
Spiegel Inc common—
Conv $4.50 preferred
237/a May
15%
42%
_.
74
Feb
36
Feb. 12
(The)—
Dec
15%
3%
LOW
15%
15%
—
I.,* Z
56%
STOCK
61Vb Mar
15 Vt
88 Va
42%
Withington—
Sperry Corp
15
100
35%
& Bros Inc
(AG)
15
.—100
1
-No par
Spear & Co common—
>.
1
$5.5o preferred—-.
No par
Spencer Kellogg & Sons—
1
Spalding
Sparks
*98%
16
X12
No par
EXCHANGE
6% Jan
/•
*87
99
16
12%
30
,
88%
99
15%
15%
•53%
30%
YORK
*87
99%
55
30%
$ per share
5
4
10% Feb
NEW
Highest
8 8'/a
15%
12%
29%
Co
*87
*98%
".V
44%
,//
100
700
38 %
12%..
STOCKS
Range Since Jan. 1
4
63
46
25
Mobile & Ohio stock tr ctfs
Range for Previous
•3"/a
700
'
?' 7 %
55 Vt
12%
7.50
preferred
non-cum
100 %
3%
7%
common—No par
Railway
July
Edison—
100%
"•
20
99
'16
15 %
•44
5
Sugar com_No par
Z——
_25
preferred
15%
•53%
——50
Greyhound Lines-
*87
20
'
7%
_50
—~—
5%%
Southeastern
•3%
500
29 Va
•87
100 Va
//•
103
29 Va
29 Va
100
19,300
21%
•98%
com_4.50
*102%
102
600
20%
20%
20%
100
Platinum—_„1
101
20%
;'
20%
Smith & Corona Typewriters-No par
aan
3,500
24%
35
*21 %
8
43
3,300
3%
r
24%
*33%
21 Va
8
Co
;zzv 3%
20%
99% Feb
_100
:/ •'■
21%
17% Jan
G
7,QUO
.
5Va ' "
5
*20'/a
3
&
100
34Vt
21%
11
&
900
14
•20%
Feb
E
—-
9%
*9 Vt
19%
15
..
3,300
3,100
77%
20%
95% Jan
——
3,300
.
■
19%
Apr
—
3'/a
Z
?20%.
/
/,/
Jun
preferred
■tr' t 3%
:/5% :'Z.5Va
3%
/ 3%
19%
July
preferred
5
19%
98
,
200
3,600
.29
33 Vt
35
26
Lowest
/,:
24%
Dec
4.20%
5 ,/
•97%
•18%
3% %
/,/■;
*24%
Sep
Highest
•
34%
*33%
15Va
Year 1948
28 Va
*13
34'/.
91
Lowest
33%
9%
25
3
12% Jan 12
1,200
,
103
*76%
14
•24%
17
73
9%
*13
33%
%
77%
x34Va
84% Jan
Dec
Va
35
27 Va Jan
65%
*101
28 %
24%
Jun
3
24,100
*
.
9Va
9%
102 Va
vi 3%
39 Va
11
9%
3%
90
41% Feb
*75
9
33
5Va
-
Dec
62% July
Jun
6
*5%
6
24%'
.;•'
20
Corp
<
•34%
—10
(AO)
/
Dec
70
*101
14
33
27%
50 J/4
9
*13
80
88% Feb
1,200
1,400
'
-——15
35 Va
Feb
27%
9
,
32
.
24%
127% Jan
Feb
/
9%
102%
•101
14
/ 3%
14
43%
10
27% '27%
•
14 •••■/•
■■
3%
Feb
58%
35%
10
6
76%
—
"
33%
35%
10
v
•75 Va
24%
Feb
July'
35%
10
10%
: •5% /: V6/:;>:Z
9%
9V2
77%
•34%
92%
30%
34%
35
10
•;V
•75%
No par
11
30% July
6%
77%
—No par
19% Feb
Feb
38'A
*5%
34
Simonds Saw & Steel
32% Jun
Feb
38
6%
2,100
Z
26 Vt
Simmons
Feb
20 Va
38%
*5%
26
7
15
25 Va Mar
38 %
34
7
3
44
Va
e%
33%
27% J
12
18
3j*/4 Jan
42 %
38
*-5% r
9%
27% Jan
36% Jan
3% Feb
24% Feb
Jan
Dec
•37 Va
34%
6%
6
May
36% Mar
17%
y
'
>5%
4% Jan
44
36
15%
52%
17%
10 V*.
5%
5% Jan
36
16%
15%
•50'%.
I73b
15%
'
5%
3
Dec
60
15%
52%
17%
"
—1
Jan
Dec
45% Aug
15%
*50%
17 Va
347/a
•10
1,400
.
85%
52 Va
15%
'
6
10
12%
12%
*84
•17%
37%
'
35%
12%
'85%.
•50
52
,17%
>
10;
*'84
86
,
90%
90%
■'
25
Nov
&■'
12%
13
*'84
-
17%
35
5
15
•50
,17%,'
,12%,
12%
86
14%
53
17%
•13%
34
Jun
94
•84
•75%
5
11%
100
*92
90%
Co——
Shell Union Oil
52
5,300
48%
10%
26%
21
Feb
27 %
*47%
28
39% Jan
39
27 Va
48%
26%
5
8%
11%
27%
*47%
33 %
Feb
3%
11%
26%
48
94
•84
2,100
11%
26%
48
*90
86
11 Va'
*11%
•
*92
12%
70
26 Va
11V*
26 Va
94
12%
10
6,900
84
33%
31
5% Mar
*83 Vt
83
-.10
8%
27%
46% Jun
r:
83
82
3%
89 !
26%
Sheaffer
Dec
-
Va
2,500
*85
"■
8 Va
33
7
Feb
11%
26%
8
8%
39%
111
*106
zz,;
26%
10
18
82
89
26%
9% Jan
23
83%
v
8
111
*85
33 V4
14% Feb
99
8 Va
39%
40
*106
!
26%
5
Jun
39%
87
11,500
33 %
4
160
39 Vt
111
87
9%
27% < :/
33 %
Jan
5
39%
•106
120
2,300
8%
(
43%
26%
13
Jan
9'/*
.
112%
42%
26
Oct
7%
8%
■•/
9
>
8,300
112%
'•<
33
Jan
7% May
44%
500
-
19%
19
19%
113'/a
43%
10
No par
14
Dec,
8%
.
-
*112%
43%
600
49%
__a——1
15%
Dec
8%
39%
19 Va
•
1U%
x43 %
100
800
18
Gas
Dec
4%
19
113
44%
90%
a— ——-No
&
Mar
3%
18%
113
:
1,100
*9%
18%
/
700
1,900
Corp—_■
Steel
9
Feb
9%
•90
Sharon
12
28%
50%
9Ta
Z'1:'
r
Sharp & Dohme common
No par
$3.50 cottv pref series A—_No par
Shattuck (Frank G)
No par
Dec
8% Feb
•49%
9%
•92
17
7
50
9%
48%
26
Jan
49 Va
100
,
22% V
*23%
,
•
10,600
9% y
24%
22%
*17%
4,9%
•48
Jan
79
17%
48%
26% Jan
10
22%
17%
90%
Co—-—
&
79
Feb
24
22%
■
94?
a———
Feb
68
24
17%
90
•
9Va
22
v.
111
•82
.
-
17 Va
9%
/<- 8
11%
.
22
51
8%
26%
9'/a.
17%
39
83%
r
1,200
5
4%
5'/a
v.
•90
Co of Del
preferred
Shamrock
24
*5
•92
Serve! Inc common
$4.50
/
•22%
*18%
90%
Seiberling Rubber Co——
10
9'
•87
No par
7
5% Jan
34 % Feb
Seaboard Oil
8%,
•106
11%
—*—1
36% Feb
Seagrave Corp
Sears Roebuck
4%
8%
22
18 %
.
19%
4%
24
44'V*
.
•18%
/
94
A——
Finance Co
Oct
8% May
14% Jun
T9Vt
112 Va
.
26 Va
Seaboard Air Line com v t c—No par
Seaboard
Nov
l27/a July
:
9% Dec
24%
7
Jan-11
8%
Dec
94
v
43%
Feb
5%
18% Jan
11
•//:*!»%
•48
3.35% preferred J.———100
28% July
19%
87/a
•92
7
20%
19%
.4%
•90
20
62%
26%
-No par
Feb
Feb
9%
$3.40 preferred
Jan
7,
26%
9%
8
•82
No par
14
Feb
Mar'
7%
—1.75
common
86
Feb
5
Paper Co
5
z
15%
31%
Regis Paper Co common——5
Tst pfd 4.40% series A
,—100
Savage Arms Corp_.a———
5
3
Jan
91% Feb
44
13%
St
Scovill Mfg Co 3.65% pfd
U00
Scranton Elec Co (The) common—5
Jan
:
7
27%
•50
109
93
Z
27
•
39%
;
•87
80% Jan
12% Jan
39 Va
109
870
105
27
18%
Co—100
300
89 Va
104 Va
26%
17%
112%,,
preferred-—-100
non-cutn
Z
'
8%
9%
St Louis Southwestern Ry
44%
89 Va
89%
26%
43%
St L-San F Ry Co com v t c—Nonpar
,'*43%
44%
105
4%
9%
5
Va
11,600
37
17%
22
100
36 Va
17
>.
——10
St
91% May
15 Va Aug
35% May
Feb
9 Va
89%
104%
*43
1,200
•18%
50 Vt
5
89%
70
6'/a
37
36%
1,800
6 Va
1
■
17%
•22%,
par
No
(Jacob)
44%
•89
/
102%
17 Va
22
Ruppert
36%
104 Va" 104 Va
89 Vt
104%
v 6
;
21
*100 Vz
17%.
•) :
24
18
6
.
5,900
'
26 Va
a./
18
Feb
27
•22%
21
Shares
4%
4%
17%
■V'
8%
22
79
Jan
8%
-
the Week
share
17%; -17%.-:,
s.".'.
•4%
1
%;
$ per
21
100%'
•43%
44%.
89 %
"Z 104
6
Sales for
Feb. 18
./•.
4% /,..
O O rv-
36%
36%;
•43%
Z.
89%
104%/
101
•e'/a
6
36
45
89 %
1
7% Ffeb
85
*
6
,
36%
2
13% May
5
•43%
com
preferred/
corrv
Feb
7
BIRTHDAY
■..
.
Royal Typewriter
__L
Ruheroid Co (The)--
26
9'A Jan
35%
Antelope Coppter Mirtes^
8
8,
LINCOLN'S
Rohson Art Metal Wks Inc*
19
Feb
111
Jun
Company
6
•5%
10.
10
5
27% May
Jan
B
7
29% July
24% Nov
21%
1
class
12"
Jan
Mar
113
Tob
'5% Jan
15% Mar
Dec
1—
Reynolds
4%
21
'
•
Friday
Feb. II
per share
4%
20%,
101
102%
'
""
10% Jan.
8% Feb
.July
17
Feb
102%
26%
Dec
Reynolds Soring
4%
20%
.
Thursday
Feb. 16
$ per share
4%
4%.
17%
103%
Dec
25
Wednesday
20% '.20%
v
43
.
17
8%
103
102%
50
Oct
32%
CLOSED
47/a
20 Va
Jan
Dec
16%
4%
20%
37
80
8%
STOCK
EXCHANGE
SALE PRICES
$ per share /
sharey
3
43
19%
convertible preferred——100'
$ per
,
HIGH
Feb. 15
7
41%
4%
Rexall Drug Inc—
__2.50
Reynolds Metals Co com—/—No par.
$ per share
AND
Tuesday
-
Feb. II
5% Feb
11% May
Dec
6%
Par
>
.
.
Monday ,1
Feb. 1.3
34% Jan
Dec
17%
Saturday
.
Monday,* February 21; 1949
.
RECORD
Jan
5%
33 Va
103%
STOCK
LOW
STOCK
EXCHANGE
$ per share
$'per share
$ per share
YORK
NEW
Lowest
Highest
$ per share
FINANCIAL CHRONICLE
STOCKS
Year 1948
Lowest
YORK
&
200
200
.
1
(819)
NEW
Range for Previous
-
STOCKS
Year 1948
Lowest
<
Range Since Jan. 1
Lowest
Highest
; *
$ per share
YORK
36%. Jan'
Dec
22*
Jan
Feb
26.:'
Jun'
$ per share
Dec
28% Jan
32% Jan
11'A Jan
7
Swift
7
7
88% Feb
4% Feb J 8
5% Jan
82
Aug
7% May
■
8
24% Jan
Jan
.
LOW AND HIGH
'<■
7
l
Par
:
i
Co——
25
Swift. International
Ltd
Sylvania Elec Prod Inc com—No par
$4 preferred
—No par
4
;
&
—
— —
1
Gould
Symington
RECORD:
'
■
25
3
20% Feb
91
4% Mar
4
8% Jan
STOCK
STOCK
EXCHANGE
A
Dec
8%
17%
79
NEW
Highest
$ per share
$ per share
28 %
YORK
Corp
>1
_
Saturday
Monday
Feb. J*,.
23
1
$ per share
STOCK
29%
21
LINCOLN'S
"86
BIRTHDAY
4%
29%
9%
Thursday
Feb.16
S per share
29%
9%
CLOSED
Wednesday
Feb. 15
$ per share
UEXCHANGE
SALE PRICKS
Tuesday
Feb. 1+
29%
29%
29%
Friday
$ vet share
■'
29%-
- v,
$ per
2934
10
87
10 %
10 V4
10%
10%
21%
21-%
21%
21%
21%
"*86
4%
87
4%
87
"86
4%
4%
87
-
4%
-
'
29%
5,900
10%
10%
7,900
21 %
3,500
85
4%
-
Shares
21%
v
87
4%
•
fo»
tbe Week'
.
29%
10%
21 Vh
21 VB
Sales
Feb. 18
/Feb. 17
S per share
86
490
.
"4%
4%
"10%
10%
700
■
\
T
11% May
5% Jun
10% Feb
10% Feb
Dec
3% Feb
4'a Jan
14% Mar
19% May
15% Feb
17% Jan
52
15
Talcott Inc
Tennessee
Corp
Nov
Jun
49
Jan
Texas
25% May
71'A July
13'a Feb
17% Jan
Texas
Gulf
58
61% Jan
Texas
Gulf
Nov
19
67-,
Feb
25
Texas
Pacific
Oct
55
Feb
Jan
18% Feb
11
23 % Jan
Feb
33% Feb
45%
Dec
10%
Dec
20.% May
xl4%
Dec
24
5 "A
48% May
65% May
7
43'a Jan
Feb
8
46
40
Dec
14%
Dec
4 6'a
Jan
12%
Apr
5%
Dec
15% May
10% May,
3
Texas
8
11'a Jan
7
Textron
15
15% Jan
22
5% Feb
7
26 'a Jan
5
29
12% Jan
3
13 "
5'a Feb
11
6% Jan
34%
Dec
47 Vb
Jan
35'a
Jan
3
6 %
Dec
13%
Apr
24
Jun
5'a Feb
18% Feb
11
Apr
19
7%
Oct
39%
85
10 %
Jan
8
11
39% Feb
Jun
86
Jan
14
3% Jan
31'a
Nov
24
Feb
11
29 % Jan
19%
32'/a
Jun
20% Feb
11
25% Jan
Jan
3
104'a Jan
16% Feb
11
95%
Jan
17
104%
Mar
40
Dec
10
55
Dec
9%
5%
96
Feb
39% Jan
Jan
10
22% Mar
■'
Nov
103
May
13%
Nov
15'A
July
23% May
10
If-
—'
23%
19% Aug
25% Mar
17% July
21 Vb Feb
34
4%
24
Dec
Jun
5%
Dec
8% May
32 %
14'A
Feb
25
Jan
99% Feb
11,
,
11
5 >% Feb
36%
37%
36%
36%
5,900
41
700
5%
Co
div
common
conv
Avenue
13%
"5
5%:
5%
26%
"26%
27
"26v4
27
13 vb
"12%
13
*12%
13'a
5%
5%
5 %
.50
"35 %
36%
'35%
35%
*35%
Corp__No par
(The)
1
5 %
5%
"5%
18%
18%
18%
15
"8
No par
40 %
.100
"87%
com__No par
2%
No par
"23 vb
8%
6
8%
*8 vb
40%
"40
41
88
"87%
2%
2%
2%
40 3
35i%
35%
5%
18%
*>
<
18%
Y; 21%
"8'a
40%
88
3
2%
24%
•'
•
7
Twin
50
24
100
21%
104'a
*1oj%
103%
17
16 %
16%
16-%
16%
17%
17%
17%
17%
—No par
3,200
42%
42%
42
42%
x41%
42%
42%
42%
42 vb
42'%
2,300
2
Bearing
10%
11
11 vb
10%
11
5
11
11%
11'a
11%
11%
2,300
%
19,200
6%
26,700
100%
120
Corp
Inc
21%
104
104
%
22
22%
104
104
22%
22
i,w'A
10%
11
10%
11
11%
11 vb
11%
11%
10%
11%
22'%
8,400
210
5,400
'
^
'
Corp
No par
"15
16'a
common—_jl
6%
6 %
No par
"98%
98%
Co_„!
5
12%
16
6%
15'A
6%
15%
-
"15
15%
6%
6%
6'A
99
99
99%
99%
99%
12%
12%
12%
12 %
19%
par
conv
prior
16
19%
193/b
12%
19%
19%
33
33
100
99 vb
99%
6
"5%
12%
20'a
34%;.'
6%
100
♦98%
"5%
6
*5%
-50
Co
"98'A
par
"25 %
25%
"25 %
25 %
25 j/2
25i/2
"25%
5%
5%
5%
5%
5%
5%
5va
1
-
"99
6
2,000
21 vb
11.800
"33
5%
34
*99
100
5%
300
12'/a
20%'
20%
33 %
par
preferred—
12
12%
20'a
16
6%
100
%•' 33%
"33
"33
"15%
100
par
34%
13s
-'
'
■■
—
Coal
Coach
"?•»%
1,200
16%
Y
cmv
700
2%
213b
Century Fox Film corn—No
5%*
■
.
"103%
preferred
—No
$4.50 prior preferred
No
Twin City Rap Transit com—No
24
A
41 %
88
5
preferred—
$1.50
41%
10
Axle
Transue & Williams Steel
$6
f
600
8%
*86%
"2%
400
191/4
8 vb
40%
r
90
6
19 %
*
1,700
35%
6
8%
180
6
No par
com
preferred
Tri-Continental
•
88
4
2%
"23%
22
"22%
5%
5%
88
2%
24
5 vb
35%
r
8%
40%
"87%
5%
5%
6
h-4 CO
88
25
"5
30
"5%
"18%
18%
"8
200
5%
5%
,
42
"13
5%
com
"41
>? 26%
5%
Water Associated Oil
Roller
27
"13
5%
prefeired
Co
Detroit
"26%
13 %
__i
preferred
cum
26 %
"13
Transit
Steel
5%
26'a
14%
^
25
6% Jan
36%
5 vb
Rignts
2
6% Jan
27% Jan
3
4% Jan
Jan,
36%
No par
Transcont'l & Western Air
18
Jan
36%
No par
Transamerica
18
6
36%
common_S_5
preference
conv
20th
3
8,600
35%
37
Fair
Tru.ax-Traer
13
18%
1,500
4
32 % Jan
18%
2,200
13
19 Vb Jan
19 VB
10%
15 Vb Jan
98 % Jan
18%
14%
102% Jan
Jan
19
10%
7
Jun
18%
14%
10
36 %
19%
10%
Feb
100%
18%
14%
Timken
7
Dec
19%
14%
Tide
'4
Jan
3,500
18%
10 Vo
$3.50
7
31%
3,700
59 %
41
18
92\
14%
59%
50
14%
11
12
xl4%
10%
98% Feb
107 % July
15
593'8
41
preferred
Thompson-Starrett Co
20
7% Jan
14%
58'A
"10
16
,
14%
58 Vb
Ry Co
4%
4
16% Feb
14%
58 VB
*40
$3.75
Jan
14%
58%
14%
Timken
% Feb
14%
58
10
8
11% Jan
L /Y13
18
17,400
14%
58%
40
6'A Feb
10% May,' :
Nov
4
Feb
50%
14%
58 %
14%
15 % Feb
Apr
12% Mai-
19
Jan
300
10
10
Feb
51
500
16%
1
Oil
&
Thompson (J R)
Thompson Products
13
Jan
A43v:
4
Jan
ia
19 '
50%
"16%
40
$2%
21
Feb
50%
100
4
3%
"
14%
Thermoid
7
Jan
3%
16%
10 VB
8
;
89
5
2% Feb
49%
10%
3%
"16%
41'A
$2.4o
8
19% Mar
Jan
49%
■
14%
1
4'a
49'A
10%
-
Land Trust—
Pacific
Thomas
59% May
50'
4
16%
10%
Third
95 %
"16%
*40%
6
Feb
4' *
15%
50c
8
Feb
3%
15%
—100
Jan
1% Mar
10%
3%
16
1
Coal
conv
8% Feb
45% Jan
3
* ;
"10
No par
7
7% Jan
20
49 %
10%
preferred
The
19
37% Jan
11
Jan
11
6% Jan
25
*10%
4
common..
26
Jan
16
10%
Thatcher Glass Mfg Co
8
Jan
"3%
No. par
TO
ctfs
Inc
$1.25
'
:
&
"10
5
.
Producing
Sulphur
share
9% Feb
Jan
25%
Jan
Sub
14% Feb
May
,
7
1
Co
Texas Pacific
29
__9
-
,
Corp——• ---5
Nov
%
47
;
(James)
Telautograph
.CJ
9% Mar
3%
■:
)
,
100
6
300
100
1,700
25%
27 'a
500
5%
26
6%
5%
1,400
9
1,000
''
5%
U
9%
Dec
12
Jan
Dec
39
59%
Jun
16vb
Jun
9% Mar
8% Feb
40
7
Jan
3
,10% Feb
9% Jan
8
27%
Feb
39% May
27% Feb
Nov
43%
36% Feb
103
Oct
110
Jun
107
Jan
Feb
98
Jun
94
Jan
13
80
Nov
90
Jan
86vb Jan
21%
Feb
38% July
25% Feb
11
79%
Nov
10
Sep
96% July
51% July
82 vb Feb
45%
48% Jan
3
41%
34% Feb
16
31%
22
Jan
vb
Dec
103%
Nov
Jun
110%
30% May
Jun
9%
Nov
19%
57%
Nov
19
Jan
23'A
10% Jan
Apr.
Union
Asbestos
7
Union
Bag
7
Union
Carbide
/
Jan
&
&
?1
15
5
Union
7
United
Aircraft
5%
convertible
Union
7
Oil
18
13% Jan 21
69% Feb 14
Tank
United
Air
26
Jan
5
Feb
9
7% Jan
12
United
Board
Dec
33
Feb
10
38%'Jan
18
United
Carbon
2%
Nov
29% Jan
3
2% Feb
41 'a Feb
10
Feb
3% May
2'A Jan
3
x39 %
Dec
47% May
4
Feb
30% Jan 28
9
Jan
2 Vb
41
Dec
%
GO
Dec
55
Jan
4'A Feb
41
61 % Feb
Unite
7
2% Feb
16
.
United-Carr
44% Tan 17
3
May
9
3'ATan
45
Feb
18
7
.
82%
Apr
16
65
Jan
16%
Feb
28%
Jun
17% Feb
16
22%
Jan
Jan
46%
Jun
36
Feb
14
39% Jan
20
Feb
58% May
49% Feb
16
52% Jan
Dec
23
18% Feb
15
19% Jan
Dec
21% May
Feb
11
12% Jan
11
16%
Feb
Feb
15%
Feb
32% May
101
Jun
24 %
May
$ per share
18% Feb
11
23
Jan
4
97
Jan
8
17% Jan
8
Feb
166%
Nov
179
Jun
175
Jan
10
1.78
8
Dec
17% May
7% Jan
4
54%
Dec
76
Jun
53% Jan
4
19%
Dec
42%
Jan
19% Feb
14
8%
Jan
.14
5
'a Jan
21
Jan
Dec
36
Jan
4% Feb
17% Jan
Sep
21 %
Jan
11%
Jan
3
7'a Jan
Feb
7%
2
8% Jan
24
57
Jan
27
21 % Jan
U
7
4%%
Leather
S
Partic &
U
U
38 vb Feb :'7
123%
Jan
4
72
Apr
39% Feb; 7
64% Jan 13
87%
Oct
69
135
Jan
5
140% Jan
4
4% Jan
25
Dec
12% May
8% Jan
Jun
3
21
vb Feb
43% Feb
5
Co
7%
U
S
7%
U
16
16
S
Tobacco
7Vo
4%
4',
5
4
64
61 %
63
62
18
17%
18
17V2
17%
*36%
33%
36%
45
"4%
62'/2
18
36'%
49 %
*36
36%
4%
*62
10,000
1,300
63'/2
110
17%
1,100
36'%
400
49%
17%
*36
49%
9.100
4
Jan
8
22% Feb
17
15% Feb
18
17% Jan
Feb
16
5% Jan
Wednesday
Feb
Thursday
Mi
Feb
Friday
17
for
Sales
Feb. 18
the Week
12%
13
1
45%
45%
58 'A
201/2
21V2
87'%
10
39 'A
128'%
5o
42%
42%
50
70
70
71%
72'%
100
"135.1A
No par
non-c
*86
39%
1271A
No par
corn.:
20%
25
*57
20%'
457
21%
7%
45%
45%
45%
57
22
2,600
12%
*7'%
57
21%
1,200
13
«
7%.
45%
a
58'A
1,300
"56
23
22%
57
22%
20%
*43
136
20%
43%
*86
87 %
39%
126.
3.9 5b
Y
x39
127%
42i%
xl25%
42%
42%
70
70
71%
72%
71%
135'A
,
1351%
135'%
20%
*69
21
21
87'%
'"86
.
43%
*86
39
39 Vb
126
39%
126
126%
125%
42%
42%
42%
43Va
39
7 0 VB
*69
70 Vb
72%
,72'%
73 Vb
71%
136'A '
136'A
136 'A
135%
20%
21 VB
:
*43
87'%
*43
*69
20%
20%
*43
43%
39'A
3,200
126'A
1,250
43
400
72'A
30.800
136
20%
43'%.
;43%
43%
4%
*4%
4%
4 "2
4%
4%
4%
*4%
4%
pfd—5
8%
8%
8%
8%
8%
9
9
9
*8%
9
84'%
*78'A
*78
84
•
*78'A
84
.
*78%
*78'A
84'%
1,400
70'%
4: V2
No par
200
4,100
87'%
1
2d
'
1,400
'
*86
100
com
45%
58 'A
""
1
100
preferred
common
*58
13
1.300
5
19%
2,200
4.900
170
600
2,200
84
3'/4
1
*15%
16
15%
15%
*15%
16'%
*15'%
15'A
15'%
600
1
4%
4'A
4'A
4
•4 "4
4%
4'A
1,300
20%
700
24
Universal
8 %
Leaf
preferred—
Jan
7
11 % Jan
20
Van
Norman
27
Van
Raalte
Vanadium
6
Corp
100
Inc
com
!
_1
100
of America
Co
Co
4'A
16V'8-
4'A
4%
1,300
100
'
com.No par
—
Pictures Co
24
,
Tobacco
preferred
3
,:
Inc
No par
20'%
*159
7'A
*43
19%
20%
163
7%
45
20 VB
*159
20 Vb
163
7.%
*43
7%
45
19%
"19%
20'a
2.50
no'a
lova
x22%
22%
10%
"22%
10%
10
23
*19%
163
7'%
*43
20i%
163
7 Vb
45
20 J%
163
7%
*43
21
163
7%
45
20%
*161
7'%
45
164
7%
45
30
4,100
40
20%
20%
20%
20%
-20 Vb
20 %
6°0
"10%'
10%
10%
10%
"10%
10%
300
23
23---
23
"23 Vb
23%
""22%
200
Vertientes-Camaguey Sugar Co__6%
„
11%
11%
10%"
11%
10
10%
10%
10%
10%
11
4,400
Vick
26
1
45'A
5 8'A
13
*7'%
7%
20
22%
3
10
45
10
*7 V2
*4%
*19
*3'/a
11
Feb
7%
13
19%
4%
10 %
1,300
*21%
9% Jan
Feb
*7%
20
4%
19
100
8
57
3Vb
19% Feb
.
"12%
7%
19%
8
*55
2,400
22'%
22'% Jan
90
12%
20
■
12V2
*7'%
8
58
19 7/8
4%
lo
-
*54'A
900
98 'A
177
3 Vb
Oct
.89
8
58
177
22%
27%
6
8
*54''4
9 8'A
1751%
4,900
3%
15% May
267/b May
5
8
8'/4
58
98'%
175'%
20%
97
16'%
22'%
Feb
Jan
19%
8'A
*54
98
16%
3Vb
Feb
85%'Jan
8
58
98%
177
19%
*95
16'%
Universal Laboratories Inc
17
Jan
8
*54
98
"175'A
20%
97
16%
*21%
Dec
13% Jan
98
177
*95
16'%
3 Vb
9%
22
97%
*175'A
20%
97
18%
preferred
14%
3
BIRTHDAY
97'%
177i%
16%
18%
common
Co
21%
16
97'%
*175%
20'%
"95%.
22%
4%%
Feb
17%
3%
27
Jan
20
19%
97
"16V4
*21'%
Jan
10
19%
*95%
17%
3%
48
20
191%
97
*16i%
.
Shares
22'%
3
15% May
19
*95i%
CLOSED
$ per share
3'%
43% Jan
29%
,
EXCHANGE
$ per share
$ per share
*21%
70
19%
STOCK
$ per share
50
conv
Universal
12'A July
$ per share
share
Universal-Cyclops Steel Corp
10
Jan
$ per
common—_2
4%
7
24.
8ALE PRICES
19%
$6
conv
preferred
United Wall Paper Inc
87
HIGH
15
*41%
7
19% Jan
Feb
4%
85% Jan
4
AND
Tuesday
;14/'Y
18'%
4
1
2%
44%
19'%
3
17
page
4%
2%
44%
18%
2% Jan
Feb
see
43,800
2%
44'A
19%
83% Feb
Feb
footnotes
20
2%
2%
44 %
*4%
United Stores $4.20
8'a Jan
For
11,100
4%
7
21
Jun
100
2%
43%
18%
9% Jan
165
May
2%.
30%
2%
*42%
19%
A
preferred
Stockyards Corp
17
94
*30'A
2%
4i%
3
8
Feb
5
No par
non-cum
15
95'Y
31
400
1,600
2,500
42 %
*18%
United
10
Dec
6
35%
2%
No par
1st
Corp
preferred
Jan
Feb
20 'A
5%
35
41%
No par
5
Feb
com
preferred
Feb
86
35%
*30
common
Co
Steel
7
85%
19%
5%
341/4
>
2%
43%
4%
19%
5%
■
200
41%
2%
*41
a"*
5%
class
Smelting Ref & Min
160
Jan
■
71
*69%
*63
Monday
LINCOLN'S
100
Jan
21
No par
20
common
non-cum
May
Dec
18%
No par
Chemicals
Co
Rubber
S
15% May
May
w
4%
64
._No par
Plywood Corp common
pfd series A
Dec
42
4%
*62
Par
-
preferred
Dec
170
*43V4
LOW
Pipe & Foundry
Playing Card Co
S
U S
26
18% Jan
38% Jan
23 %
12
70
S
8%
10
6.% May
Feb
45% Jan
U
27
19%
Feb
2'/2
*18
Saturday
3%%
21
Feb
42% May
7%
2%
2%
43
100
100
conv
Lines
S
4%%
U
26
Jan
78% Jan
Feb
19
Jan
133
3
Nov
150
43"
29
Jan
4% Mai-
Jun
2%
41%
4%
19%
30
2%
2%
Feb.12
Machinery
U
1
10%
30
*29'4
*40'A
42%
STOCK
preferred
Industrial
7
Jun
30
30
5
preferred
U S
25% Feb
Jan
YORK
Hoffman
S
88% Feb
20
34
2%
1
Cos
1st preferred—..
Freight Co
Gypsum Co common
U S
20
7
Feb
Coal
33%
41%
5
191/2
5%
33%
2%
^1
:
common
19%
5%
33%
*40%
100
■
„
$4.50
U S
14
Mar
Stores'com._30c
20
Y'v5%
Y
100
10,400
900
87
4
*28
*19%
69
12%
6,100
20% Feb
16
No par
20%
69
8,000
108
12 Vb
18%
37% May
Jan
5%
33%
69%
*67 '
12%
11%
94
Jun
5%
33%
69%
*107%
11%
18%
Dec
Jun
*19'%
*67
'
108
12%
11%
Dec
6%
108
11%
•
18%
U S
98%
69%
12
11%
4
34
*107
107V2
11%
11%
59% Feb
Dec
107'A
■
49%
12
Dec
vY
*181/2
52% Jan
Dec
69%
108
11%
July
2%
11%
18 V2
58
85%
♦107%
10
49%
Jan
22
100
Y
11%
26
8%
23%
181/2
28
Jan
1,000
24%
35
23%
49%
13% Jan
7% Jan
17%
35%
23%
34%
23 Vb
11%
49% Jan
37
\
35 %
24%
35
23
18'A
49
f
35'A
23%
*107%
35
50
8
Jun
35%
34%
23Va
11%
19
140%
1,100
18%
Feb
Dec
4,300
49%
43
129% Mar
83
51
11%
9% May
67% Mai-
5,300
82%
51
18%
53'a July
G3%
27'A
83%
51 Vb
23'4
;,:T2yK/
26%
82%
51
5
.
27
83%
51%
82%
*51
50'A
Dec
Jun
26%
170
170
11'/a
Feb
58 Vb
26%
90
18%
7%
37% Nov
26
". :
97
*89
50 Vb
39%
Jan
26'A
110
*94'%
90
90
109 %
98%
*94%
89%
—1
21
Dec
49% May
26
"109V4. 109%
96
89
34%
!_10
No.par
U S & Foreign Securities
14
3
4%
17%
11%
137%
26%
*93%
500
13%
14
16
104% Jan
Dec
110%
89%:
Corp
-'yjy
7
95% Jan
11
Dec
110'A
97
*89
83%
Improvement Co
United Merch & Mfrs Inc
$ per share
Feb
37%
110'A
*93
STOCKS
97
121
*109%
96
89
51%
EXCHANGE
Jun
May
27,000
~
113%
v8
38%
36%.
Highest
Feb
22
38%
T
Corp
^
Fastener
NEW
92%
86
38%
36
;
89
37%
83
———~
Range Since Jan. 1
Lowest
Highest
$ per share
38'A
1,700
1
Year 1948
$ per share
37'/2
-No par
Co
Electric
Range for Previous
Lowest
37%
42'% Y
United Gas
7
May
3,200
371/4
\
-
United Engineering & Foundry
5
United Fruit Co__
No par '
7
11%
29'%
51%
common
Corp
preferred—.
United
6
18%
28%
83
preferred—-'
Cig-Whelan
7%
7
48
29%
No par
Carton
&
$3 preference
United Dyewood
3
37%
28%
51
$3,50 convertible preferred
United Corp common
2
o% Jan
28%
82 74
common
Inc
15%
July
5% July
28%
"
Lines
38%
36
28'A
50 7b
4%%
Feb
Feb
27%
50
u
Corp
Dec
29
11'%
100
Car—
6%
22%;Jan
11%
25%
Union Pacific RR Co com—A,—50
preferred
9
*41%
11%
88 V8
series—No par
California—
25
of
9
42%
11%
*93
$3.50
4%'non-cum
8%
42
11
109%
Preferred
•
8%
42
11
109%
2
8%
42
11
28%
13
8%
42
37%
27%
19% Feb 16
8%
41%
*10%
28%
,
preferred
United Biscuit Co1
Oct
9
42
10%
37'i/4
36% Jan
' :
8%
42
10%
Un El Co of Mo pfd $4.50 ser__No par
Preferred $3.70 series
;
No par
11
Jan
2
—5
No par
Jan
24%'Jan
Co
Carbon——No pai
&
90'A Feb
30% Jan
108
l
No par
Rubber
Paper
51% Feb
5
3
7
89% Jan
"
8
61% Jan
90% Mar
12
94
7
Jan
Jan
110% Jan
7 V.
22% Feb
107
Corp (The)
Underwood Corp*
42
6
91
Udylite
31% Jan
11
Nov
•
12% Jan
7
37%
/ 46
6
21
21%
21
21
21%Y21%
21%
21%
21%
21%
2,100
Chemical
Co„—
.,2 50
Vieks Shreve & Pacific Ry com_100
5%
non-cum
preferred
100
♦
"86%
92
"86%
99
"86
-89
"88
92
"88
92
"88
92
"86
89
"86
89
92
"88
92
24
COMMERCIAL
THE
(820)
•$ per share
32%
85
48 Va
Oct
96%
7% Mar
21
Jan
3%%
24
11% Jan
4
8 Va Jan
99 % Jan
Nov
Victor Chemical Works common—5
26
Jan
21
93
3
118
3
109
Jan
15%
117%
Dec
23
preferred
15
V2 Jan
Va-Carolina Chemical
6%
16% Jan 24
118
Feb 14
div
Virginia
com
lOo
10
100
Co com
& Pwr
preferred
$5
$ per share
$ per
34 %
*33%
,
96
*93%
Jun
114'A Jan
5
Jun
14% Jan
3
20
Jan
19
Va
pfd
25
Co common
6% preferred
Visking Corp (The)
Vulcan Detinning Co common
1% preferred
25
25
.118
*30 %
32*25%
25
*30
28%
Dec
38 Va May
30 Va Jan
4
29%
Nov
34 % May
30 Va Jan
3
32% Jan
8
24%
Dec
39%
Apr
25% Jan
4
27 Va Jan
11
25%
Dec
32 Va
Jan
25
Jan
3
27
Jan
13
29
Apr
32%
Jan
30% Jan
24
31
Jan
13
66
Jan
58
Feb
7
60% Jan
28
15%
Jan
12% Jan
4
13% Jan
Iron Coal &
Virginian
12
Coke 4%
Ry
.
.
5
20
20
117%
34%
*93%
96
10%
110
10%
109%
*116%
10.000
1,700
109
12,600
16
15%
116%
•
116%
117%
20
*19
20
31
*30%
31
31
70
20
31
i\
•
116%
*19
20
*19
*30%
31%
96
109
116%
117
16
200
34%
10%
16
16%
Shares
share
34%
*93%
10
*19
.20
share
108%
10%
9%
16
16%
•
*34%
96
107
106
16
16 %
$ per
$ per
34%
34%
*93%
9%
106
103
*19
12
32 Va Jan
9%
9%
9%
"GO?5/*
16
118
share
the Week
Feb. 18
Feb. 17
for
Sales
Friday
Thursday
'
$ per share
96
CLOSED
LINCOLN'S
BIRTHDAY
Feb. 16
34%
*93%
EXCHANGE
PRICES
Wednesday
HIGH SALE
Feb. 15
*34
share
STOCK
No par
preferred
partic
Elec
per
'
100
____
*
•'
18% May
'■
Par
share
38% Jan
7
Jan
91
Apr
124% July
Feb
14%
1W
23% Feb
Jun
14% July
93
$ per
Sper share
$ per share
Dec
Highest
Lowest
Highest
Feb. 12
EXCHANGE
Tuesdav
Monday
Feb. 1 +
Saturday
STOCK
YORK
NEW
Since Jan. 1
Year 194X
AN11
LOW
STOCKS
Stage for Previous
Lowest
RECORD
STOCK
YORK
NEW
Monday, February 21, 1949
CHRONICLE
FINANCIAL
&
31
'•''31^-i'.
300
1,000
32%
32%
32 %
32'/a
26
*25%
26
26
26%
27
27
*27%
28'%
30J
25
*25
26
*25
26
25
25
25%
25%
340
32
32
%
31
*30
59
32%
*57 Va
,32 %
31
*30
31
*30
31
*30
31
32%
W
57% Aug
12%
Dec
28
Dec
100%
27% Feb
19
21% Feb
8
29% Jan
14
102% Jan
16
Jan
8
23% Jan
21
105
7% Feb
13% Feb
14
9% Jan
15% Jan
21
Jun
92% Jan
24
94% Feb
3
14
May
9% Jan
3
11% Feb
18
Jan
22% Jan
6
25% Feb
Feb
15
22% Jan
1
7
13% May
16"% July
Nov
Nov
32
xl9%
Nov
34% May
18
20%
Jan
27»/«
Aug
23% Feb
9
25
Jan
Dec
20% May
12% Feb
7
14
Jan
24
17
16%
Dec
22
Sep
16% Feb
10
Jan
18
13
Dec
30%
Jan
12% Jan
4
15% Jan
25
6% May
3% Jan
3
4% Jan
22
3%
Dec
26
Sep
34 %
Aug
27% Jan
86 %
Jan
15
84Va Jan
24
26% May
19% Feb
14
23% Jan
21
19% Mar
13%
12
110% Jan
113% Feb
18
115% Jan
103% Mar
111%
8
Nov
113
Jun
108% Jan
3
112% Jan
24
100%
Oct
107
Jun
106% Jan
28
108% Jan
26
15
17% Jan
20
8
41% Jan
24
15
108% Jan
25
103% Feb
Oct
Oct
14% Feb
38%
Feb
51%
Jun
100 %
Feb
110%
JUn
38% Feb
106%. Feb
16%
Apr
5%
22%
Dec
46 %
Jan
Feb
4
16% Jan
Dec
74% July
15
Dec
26
May
15
29%
7
Nov
39%
Jun
29% Feb
16
34% Jan
23%
Dec
33%
Jun
22% Feb
11
27
Jan
7
85%
Feb
95%
Apr
93% Feb
11
97% Jan
28
91 %
Feb
101 %
Jun
98% Feb
15
101% Jan
26
Dec
25
80
83
40%
Jan
Mar
Mar
115
57%
92
23% Feb
7
26% Jan
42 % Feb
7
48% Jan
27
Jan
bo Va
22
89% Jan
12
Julv
Feb
13%
9%
27%
Dec
23
Jan
25% Jan
25
3
16'A Jan
22% July
18 % Jan
3
21% Jan
July
53% Jan
5
54% Jan
21
28% Feb
8
30
Jan
12
Feb
11
11% Jan
12
Feb
31%
Nov
Feb
9
12
20
21
126
Aug
19%
Jun
27%
Jan
13% Jan
24
24% May
Feb
x53
Jan
8
May
6
Feb
11
7% Jan
Mar
65% May
53
Feb
10
56% Jan
17% May
10 % Feb
5
12% Jan
18
69
88%
Jan
73
Jan
7
78% Jan
22
12
6"% Mar
Dec
12%
Dec
19
Jan
12
Feb
Dec
13
Jun
14% Jan
131/2 Jan
8
14%
14
17
16% Feb
3
Jan
18
131
128
Jan
4
28
Feb
37%
Oct
30
Feb
11
34'A Jan
10
41%
Nov
49%
Jun
44 % Jan
3
47% Jan
21
13%
Dec
25% May
58%
Dec
81%
Nov
94
Dec
125
xl38
Jan
4'A
1,000
22'A
.3,200
81%
81%
81%
81%
20
20'A
20
20 Va
15%
15%
15 Va
20'/a
15%
110%
110%
110%
110%
114%
114%
114%
114%
Air
110%
*106%
14%
15%
14%
non-cum
114%
106
105
9,900
7,300
50
112
114 Va
120
*105
106
250
*
113%
114%
114 '/a
»
16
*110
112
*110
114%
360
;
/
105
105
105%
111%
111%
*110'/a
110%
110 Va
110%
*106%
107%
*106%
107%
*106%
107%
15%
15%
15%
15'/a
5,000
900
111
107%
14%,£,
15
.
39%
39%
39%
39%
108%
106%
106%
*105 Va
i:
15
.
39%
39%
*105
39%
39%
106%
3.9'A
39%
107
70
*104'/a
106 Va
40
*5 Va
5%
2,000
38 Va
5%
5%
5%
5%
5%
5%
5%
5%
38 Va
38 Va
*38'A
38%
38%
38%
38%
38%
38 %
1,400
10
1
10
100
100
Lines Inc
Supply Co
Ry com
Maryland
*105
:
112
*110
*106 Va
10%
10
10 Va
10%
10%
10%
10 Va
10%
1,800
25
*22 Va
25
24 ;.
24%
*22%
24%
200
23%
*23%
24%
23%
23%
23%
23%
600
*22%
23'A
10
*22%
25
2 3'A
*60
23%
64
15
15
64
15
63
63
15
*61%
15
15%
30%
30%
30%
29%
30%
29%
23 Va
23
23%
22%
23%
23 Va
23%
95
94
94%
95%
95%
*94%
95%
98%
98%
98%
98%
*98%
100
*24'A
25
*97%
100
*24
24%
107%
23%
*101
23 %
*101
107%
42%
43 Va
43%
43%
86%
86%
86 Va
86%
*23%
24%
*23%
v24%
*14%
14%
14%
*23%
*101
14%
20
20'A
20
*53 %
54 Va
*29
29%
6
*53%
*12%
43%
87%
130
24%
24%
24% -24%
200
14%
14%
14%
14%.
14%
14%
800
20
20 %
20%
20%
3,200
54%
*53%
*53%
29
29
20 "A
20%
54
*53%
54
29%
29
29%
*29%
30
8%
8%
8%
8%
8%
8%
8%
6
6 %
6
6%
6%
6%
6 Va
300
900
9
6'A
53 %
54'A
53 Va
*74
12%
53%
53%
*12%
11
11
75%
75%
12%
12%
12%
*12 'A
12%
■
16%
16%
16 %
I6V0
16'/a
*129%
131%
*129%
131%
*131
*30
30%
31%
31 %
31 Va
31%
31%
45 Va
45%
45%
45 Va
46 Va
45%
*30
4434
...
200
200
6,200
16%,
16
131 %
2.700
13
*12%
16%
*129%
200
~
.
76
*74%
16%
8.300
11 Va
11 Va
11 Va
76
*74%
54 Va
*53 Va
54 'A
*53 Va
11
11 Va
76
10%
77
-
131%
44%
1,900
44 Va
87%
H-* to <X>
16%
■»
107%
*101
87%
*87
8%
11%
11
*74%
100
24%
6 %
*8 Va
200
100
*99
*24'A
44%
43%
60
95%
24%
*24
54 %
29
87
5,600
18,300
23%
95%
1077 a
*101
43%
86%
'20 Va
*53%
24%
107%
43%
i
30 Va
23 Va
.
100
2,500
15%
297'a
30'A
22%
•
15%
15%
15%
64
*61%
64
*62
30%
*94
Willys-Overland Motors com
1
$4.50 conv pfd series A___No par
Wilson & Co Inc common
No par
$4.25 preferred
No par
Wilson-Jones Co
10
Wisconsin El Pwr Co com...'
10
6 % preferred
100
Woodward Iron Co
..10
Woolworth (F W) Co
10
24
13
10 % ' Nov
51
4'A
21%
81%
107%
700
14
14
14'A
300
4'A
15%
105%
3,500
17
21 %
21%
111%
700
13%
13%
21 '/a
21%
105
*23%
4 Va
21
*106%
800
4,600
18%
24%
4%
20'A
*110
10
4%
4%
20
3%% pfd series A
100
3.80% pfd series B
100
Weston Elec Instrument.
12.50
Wheeling <fe Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The SS|
20
White Motor Co
1
White Sewing Machine com
1
$4 conv preference
Nopai
Prior preference
20
Wilcox Oil Co..
5
11
Oct
Jun
14'A
1,000
52,300
25
*16
16%
16%
14
14
v
,
11 Va
18%
13%
16%;
*16
13%
93
Va
*24
24%
13'A
81%
4%
26
8
58%
20%
*23%
13
15%
Western Auto
24
68% Jan
14
*4%
20%
2nd pfd
Western Pacific RR com
No par
Preferred series A
100
Western Union Teleg class A_No par
Westinghouse Air Brake
No par
Westinghouse Electric com
12%
30
18%
24%
12%
16 Va
13%
4%
r-
24 Va
18 Va
20
12
11
16 Va
14%
4%
•
24
18 Va
*23%
12%
14 Va
16%
11 Vu
25
,
18
24
12%
*16
11%
82
29
11
*24
18'A
23%
13
11
10%
15'A
9
Jan
24%
12%
13%
*92 Va
19%
Western
23% Feb
37
24%
8'A
92%
10%
25
8 Vu
2,500
13%
81 Va
9
63
18
4,800
8%
8 Va
14
92%
10%
*24
18%
20
21%
13%
13%
92'A
15%
Western
19
36 % May
Nov
24%
18%
104'A
21%
*103
21%
*92'A
8
8
14
93
10'A
59
104'A
x21%
21%
20 %
20
25%
10%
■
81%
6% Jan
38% July
7%
14
*92'A
*103
104'A
21%
15%
12% Jan
22% Mar
22 %
7%
8%
104
104'A
21%
22'A
19%
39 % Feb
Jan
*102
104'A
81 Va
3
v
90 J
27%
1
7
Feb
400
27%
13%
No par
11
24
12%
27 Va
24%
5
Jan
35
May
16% July
7% Mar
12%
27%
93 Va
5
9% Feb
5% Feb
10 '/a May
Nov
34%
.
13
10%
Class A
7% preferred
110% Jan. 13
105%
*12%
*57 Va
58
com_.—No par
No par
100
6% preferred
100
West Penn Power 4%% pfd
100
4.20% preferred series B;
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com__No par
4%% preferred
100
3
16
3
13
28%
7%
West Penn Elec Co
7
Jun
19% July
Apr
100
*12%
*27%
13%
No par
$4 conv preferred
West Indies Sugar Corp
18
Jun
14% Jan
109'% Jan
Feb
114
119%
Feb
104% Mar
xll3%
59
12%
27%
*92%
Wayne Pump Co
1
Webster Tobacco Inc
5
Wesson Oil & Snowdrift com—2.50
7
Nov
20% Feb
81'A Feb
15
x80
59
12%
27%
22 Va
Warren Petroleum Corp
3
Washington Gas Light Co—No par
Waukesha Motor Co
Wayne Knitting Mills
*58
12%
27%
*102
100
5
Warren Foundry & Pipe
11
12%
22
No par
No par
100
No par
No par
1
.
7
7
101
8% Feb
10% Mar
x83% Mar
9 %
Jun
Aug
27% May
35%
105
Apr
xl8% Mar
58
12%
27%
*57 Va
100
Wabash RR 4%% preferred
Waldorf System
Walgreen Co common
4% preferred—
Walker (Hiram) G & W
Walworth Co
Ward Baking Co common—
5%%
preferred.
Warner Bros Pictures
131%
•'
31%
13,200
13%
46
400
46%
*31 Va
4,200
Worthington Pump &
x62
58
7
15% Jan
Jan
65% Jan
25
4
64 % Jan
May
70% Feb
2
Jan
10
Jan
18
9% Jan
7
96% July
Jan
60% Mar
70
Feb
7
79
July
63
Feb
9
x72
x3% Feb
10
69
12-%
*60%
8
Mar
11%
Jun
b
*8%
8%
*8%
8%
8%
8%
22
Dec
34%
Jan
21
Feb
7
:29
1
21%
10%
*37
21%
10'A
37%
18%
63%
13%
21%
10%
*37
*18%
67%
21%
10%
37%
21%
10
*37%
18%
x67
21%
10
38
26%
3%
Special sales, wd When distributed, x Ex-dividend.
27
3%
Wyandotte
common
Worsted
Co
13
12%
13%
62%
60 %
13%
No.par
Prior pfd 4%% series
100
Prior pfd 4%% conv series—100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
Nopai
Machinery
7
14
12% Feb
6'J
Feb
60 Va
*67.%
68
68
.73
73
73
*66 Va
68
*67%
;A.;.
13%
14
62
63
*61
80
450
68
67%
63
*71 %
73
*70 Va
73
20
67
*66 %
68
6713
€8
403
68
71%
x66 %
68
13%
62
71%
*67 %
68
*70
13%
62
*61
68
8%
8%
8%
*8%
200
Y
10%
Feb
16% May
10
Feb
Dec
48
May
37
Feb
10
18
Feb
8
66% Feb
13% Feb
12%
39%
19%
74
14%
11
37
24
18
15%
Feb
24
Oct
65%
Dec
89%
Oct
13%
Dec
xl9% May
7
Yale & Towne Mfg Co
York Corp common...;
Jan 20
Jan
7
Jan 18
Jan
7
Jan 28
Jan
6
4%% preferred
_
50
Young (L A) Spring & Wire.No Par
Youngstown Sheet & Tube___No par
Youngstown Steel Door
No par
Feb
3%
Dec
*Bid
July
25% Feb
6% May
3% Feb
32
Jan
7
4% Jan 15..
5
9
35
and asked
13%
18%
68
13%
*13%
prices; no sales on this day.
.
Zenith Radio Corp
Zonite Products Corp
Jin receivership,
a
Deferred delivery,
26%
3%
No par
1
Cash sale,
r
s
27
3%
20%
^%
27
31a
'/v,
Stocks
Railroad
Number of
and Miscel.
Bonds
607.880
'
Wednesday
Thursday
701,000
959.450
Friday
694,570
Total
3,662,630
....
$11,897,000
Stocks—No.
of
.
$1,548,100
1949
1948
______
I
$11,000
______
$2,728,300
\ 2.729,000
2,494 500
2.837,800
2.680,500
$11,000
$13,470,100
S.
Government
International
Foreign
Railroad &
Bank_______-*_—
;
Industrial____-._____.._^_______
Total
18%
600
67%
63%
66%
67%
6,000
13%
13%
13%
13%
900
27%
27%
27%
27%
1,300
3%
3%
3%
3%
1,400
100
31,593,544
$4,000
$168,500
$201,000
14,000
143,000
366,000
2,076,000
1,548.100
1,458,000
15,225.000
13,250,850
11.342,200
100,829,600
151,222,000
Foreign
Corporate
;
■.
Wednesday
Thursday
Friday
Total
-
175,325
154,675
174,185
327,950
210,570
$181,000
185,000
114,000
245,000
121,000
$12,000
$1,000
1,042,705
Monday
Tuesday
Foreign
Government
Total
Holiday
$846,000
$101,000
1949
Stocks—No.
1,042,705
of shares
$194,000
20,000
1,000
57,000
1,000
172,000
2,000
1,000
248.000
$4,000
$951,000
10,000
Week Ended Feb 18
1948
33,693,466
3,821,870
3,662.630
Bonds (Par Value)
Domestic
Saturday
Bones
U.
*18%
of
Shares)
Jan. 1 to Feb. 18
1949
$11,000
shares
18%
<Number
Sales
Week Ended Feb. 18,1!)49
Week Ended .Feb 18
/•
Bond
Bonds
$14,000
*
Total
Government
Bank
Bonds
$2,319,000
2.416 000
2,172,000
2,635.000
2.355,000
699,730
Tuesday
-V;'
Foreign
Bonds
United States
Int'l
Holiday
$409,300
313,000
311,500
$4,000
198.800
10,000
315,500
-
Monday
900
37%
Stocks
1
Saturday
2,300
10%
37%
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Shares
13%
22%
10%
37 %
Transactions at the New York Curb Exchange
Transactions at the New York Stock Exchange
Week Ended Feb. 18, 194'J
,
22
10%
18%
18%
67%
13%
22
10%
Z
.
19%
18%
67%
21%
*37%
1948
206.000
131,000
Jan. 1 to Feb. 18
1949
1948
919,862
8,027,252
7,863,931
Bonds
11,897,000
$13,470,100
$16,830,000
$114,614,950
$164,841,200
Domestic
Foreign
Foreign
Total
~.—-—
government—
corporate_____—
$846,000-
$897,000
$5,380,000
$8,438,000
101,000
295.000
1,602,000
1,313,000
4,000
14,000
278,000
312,000
$951,000
$1,206,000
$7,260,000
$10,063,000
Number 4779
169
Volume
THE
COMMERCIAL
Bond Record
"and
are
interest"—except
and when outside of
week,
The
italic
letters
in
the
the
for
regular weekly
column
headed
Income
range
and
shown
are
"Interest
defaulted
Period"
in
Cash
footnote
a
in
WEEKLY
-
bonds.
indicate
FINANCIAL
in
each
and
the
deterred
(821)
week
the
case
In
which
month
sales
they
when
or
one
No
bonds
account
is
GOVERNMENT BONDS
Tear 1948
Lowest
Range Since Jan. 1
Lowest
Highest
NEW
Highest
Sep
105.28 Mar
Sep
108.28 May
•
"
.
' 108.13
Jan
108.13 Jan
26
102.22
Sep
102.23
Sep
102.31 Jan
104.9
101.7
Sep
101.11
STOCK
"104.26
104.29
"104.26
104.29
"104.26
104.29
♦ 104.26
104.29
"104.26
104.29
CLOSED
"108.13
108.16
■>108.12
108.15
"108.12
108.15
" 103.16
108.19
"10.3.17
108.20
"103.20
103.29
"103.26
103.29
"103.26
103,29
" 103.26
102.29
"1U3.25 10o.29
Jun
101.19
1951-1954
100.25
100.23
Jan
100.26
100.24
101.12
Sep
Oct
LINCOLN'S
"109.4
109.7
"109.4
109.7
"109.3
109.6
BIRTHDAY
"109.1-8
109.21
"109.18
109.21
"109.18
109.21
109.25
1.0j.-.3
"110.4
110.7
"110.4
110.7
"110.3
110.6
" 110.8
liO.ii
"lLU.il
110.14
"101.10
101.12
"101.9
101.11
"101.9
101.11
" 101.9
101.11
"101.9
101.11
2VaS
1949-1953
__190O-1965
" 109.6
"109.8
109.9
109.22
103.11
____1950-1952
"102.10
102.12
"102.10 J.02,12
"102.10
102.12
"102.10
102.12
2 Vis
1952-1954
"102.30
103
"102.30
103
"102.29
102.31
"102.29
102.31
102 .2 J
103.31
2%s
1956-1958
"104.13
104.15
"104.12
104.14
"104.12
104.14
"104.12
104.14
"104. 11
104.14
2y2s
9
101.12 Feb
9
Treasury
Treasury
Treasury
Treasury
Treasury
101.7
100.27 May
102.26 May
101.27
-1958-1963
2%s__„—
Feb
7
101.7
Feb
7
Treasury
2%s
6
100.23 Feb
3
Treasury
Treasury
2y2s
r
1966-1971
100.18 Jan
Jun
100.16
100.7
" 101.26
101.28
,__1956-1959
2%s_
101.12 Feb
Sep
"101.26
101.28
2%s
Apr
Sep
"101,26
Treasury
Jan
100.23
101.28
Treasury
Jun
100.24 Mar
"101.26
3
Feb
Jan
101.19
104.9
3
"101.25
102.26 May
1962-1967
"102, 10
®
102.12
"102.15
102.17
"102.16
102.18
"102.16
102.18
"102.17
102.-9
"102 .lu
102.18
2y2s
1963-1968
"101.31
102.1
"102
102.2
"102
102.2
"102.1
101.3
"102 .1
102.3
2%s
Jun 1964-1969
"101.20
101.22
"101.21
101.23
"101.21
101.23
"101.22
101.24
2V2b
Dec 1964-1969
"101.18
101.20
"101.19
101.21
"101.19
101.21
"101.20
101.22
"101 .20
101.22
2y2s
1965-1970
"101.17
101.19
"101.18
101.20
"101.18
101.20
"101.19
101.21
"101 ,i9
101.21
'
"
U1
iOl.24
:
2
1C0.23
Oct
Jun
101
Feb
101
16
"101.15
101.17
"101.15
101.17
"101.16
101.18
"101.16
101.18
"100.30
101
"100.31
101.1
"100.30
101
"100.31
101.1
"100.31
101.1
Sep 1967-1972
"102.2/
102.29
"102.27
102.29
"102.27
102.29
"102.28
102.30
"102.28
-02,30
Treasury
FeblG
101.17
Jun 1967-1972
2y2s
2y2s
Dec 1967-1972
"luu.30
101
"100.31
101.1
101
101
"100.31
101.1
"100.31
101.1
Treasury
100.7
2%s
1951-1953
"103.6
103.9
"103.6
103.9
"103.6
103.9
"103.6
103.9
v
"101.15
v-
Treasury
2%s
1952-1955
"102.7
102.9
"102.7
102.9
"102.6
102.8
"102.6
"103.6
102.8
102.8
-02.6
100
105.15
"105.9
105.12
"105.9
105.12
"105.10
105.13
"105.11
1956-1959
"102.31
103.1
"102.30
103
"102.30
103
"102.30
103
"102.29
102.31
100.19 Feb
7
Treasury
2V4s
Jun 1959-1962
100.24
"100.22
100.24
"100.23
100.25
"100.23
100.25
16
"100,21.100.23
"100.22
100.21 Feb
Treasury
2y4s
Dec 1959-1962
"100.21
"100.22
100.24
100.21
100.21
"100.23
100.35
"100.23
Oct
100.25
2s
Jun 1949-1951
"100.9
100.10
"100.9
100.10
"100.9
100.10
"100.9
10J.10-
"100.8
100.9
Sep 1949-1951
"100.15
100.16
"100.15
100.16
"100.15
100.16
"100.15
100.16
"100.15
100.16
luo.23
9
102.30 Feb
100.13 Jan
20
100.17 Feb
9
Feb
100.21
Oct
Treasury 2s
100.21 Feb
—
100.31
"105.10
2%s
Treasury
Mar
100.21
1954-1956
Treasury
102.30 Feb
100.2
Mar
100
2%s
9
102.13 July
100.4
May
Sep
Sep
101.13 Mar
101.7
Dec
101.26 May
100.31
Sep
101.18 July
101.19 July
100.21 Feb
9
9
Treasury
2s
Treasury
__
Jan
101.8
26
26
Jan
Dec 1949-1951
2s
Treasury
101.8
"100.22
"100.22
100.23
"100.22
100.23
"100.22
100.22
"100.22
100.28
"100.26
100.28
"100.26
100.28
"100.26
100.28
"100.26
101.3
"101.1
101.3
"101.1
101.3
"101.1
101.3
"101.1
101.3
Sep
Treasury
101.18 Feb
101.18
9
Feb"
9
2s
"101.12
101.14
"101.11
101.13
"101.11
101.13
2s
1951-1955
"10i.l4
101.16
"101.14
101.16
"101.13
101.15
"101.13
101.15
Treasury
__
2s
Jun 1952-1954
"101.17
101.19
"101.16
101.18
"101.16
101.18
"101.16
lUi.18
"101.16
Dec 1952-1954
"101.18
101.20
"101.17
101.19
"101.17
101.19
"101.17
101.19
"*101.17
__1953-1955
"103.18
103.21
"103.17
103.20
"103.17
103.20
"103.17
lOu.20
"103.17
103.20
"100.9
100.il
"100.9
100.11
"100.9
100.11
"100.9
100.11
"100.9
100.11
Treasury
1951-1953
2s
Treasury
100.7
Oct
100.16
"
2s
Treasury
Apr
iy2s
International
-
1950
Bank
Jan
98.30 May
98.24 Jan
10
Jan
99.30 May
99.11 Jan
5
and
asked
price.
No
sales
99.18 Feb
100
transacted
Feb
this
11
10-year 2%s
day.
1957
"99.15
1972
"99.30
Odd
a
lot
transaction,
r
Registered
RANGE
Interest
New York Stock
New
Exchange
Period
York
FOR
bond
or
Sale Price
Bonds
Friday's
WEEK
"99.17
99.20
100
99.22
"99.29
ENDED
FEBRUARY
"99.17
"99.17
99.22
Bid & Asked
Sold
No.
High
Jan. 1
Low
Last
Interest
New York Slock
Exchange
3%s Series No.
1980
J-D
105
105
3%s Series No.
19
105,
10412 107'/2
14
15
3%s Series No.
16
17
J-D
J-D
—
r
—
_
r—
w— '
.
i
60%
J-D
Foreign Securities
J-D
J-D
19—
3%s Series No. 23
3%s Series1 No.
Members
2-2300
J-D
120
Municipal
&
Agricultural Mtge Bank
3%s Series No. 28
(Colombia)
6s
New
York
Stock
NY
Brisbane
6s
(City)
1948
A-O
"61
71
*82
81
series B
37%
__1945
37-%
j-j
§AExternal
s
f 7s scries D
1945
j-j
"37
__1957
a-o
"37
A-0
38 %
38%
38
48
1957
38 %
45
series
38 %
37%
38
1945
82 %
37%
j-j
series C
37%
37
7s
7s
37%
37%
j-j
f
f
7
12
1945
s
AExternal
1st
f
s
sec
2d
7s
f
s
7s 3rd
series
series__1957
a-O
(City) external 5s
1958
iCommonw'lth) 5s of '25.1955
10-year 3Vis
37%
37 %
j-d
J-J
1956
100
1967
J-D
1966
j-d
____■—.__1962
f-A
90%
__1949
m-S
10133
Belgium
external
External
s
External
s
SABrazil
(U
Stamped
f
6%s_-:
6s
f
7s
S
_1955
of)
1
i._
_1955
j-d
3
38
100'%
101%
92%
12
92%
89
92%
91
17
85%
91
91
14
85
91
90%
28
84 %
22
101 %
"107%
117
68
55%
60
60 %
2.)
55 Va
60%
14
60
60
57
59%
56%
■;
56 V4
65
—
63
-
-
—
•:
__
'
"61
59
8
68
1
1
58
J-D
——
__
a-o
A-O
pursuant to Plan A
(Int reduced to 3.375$)____1979
49 %
"66 %
__
52%
AExternal
Stamped
s
f 6%s of 1927
1957
(Central
Ry)
(Int reduced
5%
a-o
48%
1952
to 3.375$)
Stamped pursuant to Plan a
t
A-O
1979
j-D
"65 %
--
"66%
'
pursuant to Plan a
(Int reduced
A7s
50
to 3.5%)
8
—
—
,;
Stamped
j-d
90%
102
101
101
'
101 %
102
'
•
101
102
101
99%
10
6
101%
102 %
103%
103% 103 3 4
32
103 %
104
J-J
106%
106 Vs 106 %
23
104;%
106%
J-J
1942
M-N
M-N
A-O
A-O
-Feb 1961
-
__
_
Sep 1961
'
35'/a
27%
28
20
27'/a
28%
35 Va
37 %
27
27'/a
29 Va
1
35 Va
'
■
•
■
"37
27%
28
37
37
27%
27%
28
27 yB
M-S
27%
--
24
28
"37
27%
—
8
28'%
assented
..
A,Cnile
$
1962
A-O
1963
Af-N
1963
Af-N
1993
J-D
1957
J-D
1957
J-D
—
1961
J-D
1961
J-D
fund
6s..
_1961
A-O
fund
6s_
_
....
.
assented
f
s
A-O
fund 6s_
______
bonds 2-3s
Bank
Mortgage
6%s.
fund
6%s
107%
A6%s assented
A 6s
assented
AGuaranteed
68
__
A 6s
sink
1961
.
—
28
—
28%
37
27 Vs
29 Va
35 Va
—
__
1
28-
AChilean
45%
52 %
62
62
J-D
21
46
28%
35 Va
35 Va
27%
28%
35 Va
36
27%
27%
5
27%
28%
28
46
26 Va
37 %
—
"37
....
'
__
35 Va
28 Va
.
|
27%
3
27%
37
37
37
4
37
37
2
27%
28 %
27%
"37
A-O
27%
1962
Af-N
Af-N
-V
60%
7s_—
1960
•>>
:
.
'•
27%
27%
__
■
__
27%
27%
1960
M-S
(Hukuang
1951
J-D
Ry)
5s
"37
27%
28 Va
35 Va
y
27 Va
28%
35 Va
37%
10
27 Vs
28 Va
5 Vs
7%
•
—
"5%
37 %
27%
9
—
66
48%
1
1
—
funding bonds of 1931 due__1951
50
42%
51
63
Institutions
65
57%
Financial
65 %
46%
For
48%
61
—
—.
43
62
FOREIGN
SECURITIES
Stamped pursuant to Plan a
(Int reduced
'•External $
bonds
to 3.375%)
of
1944
33/4s Series No.
(Plan
B)
46%
—
J-D
"
J-D
*
62
'
4_—
J-D
62%
5—
J-D
62
33/4s Series No. 6
J-D
—
J-D
—
33/4s Series No.,9
J-D
33/4s Series No.
J-D
10
33/4s Series No.
11
12__
3%s Series No.
13
For
footnotes
see
"
page
29.
*
J-D
62
eGO
FIRM TRADING
—
65
....
5
62 '/a
58%
1
100
62 %
63
e33
2
58%
58%
65
40
60%
65
11
58%
60
58
60
e63
63
5')%
60
60
60
«nr>
—
j.
2
...
r-fibl mams 4 r.o. Inc.
foreign securities specialists
61%
1
_
63
MARKETS
62
100
63
J-D
—
62
57%
7
62
"61
.
59
64
62%
J-D
__
—
25
100
33/4s Series No. 8
•
2
62
60
J-D
7
e63
62
60%
62
33/4s Sei-ieS No.
3%s Series No.
17
e63
J-D
_
33/4s Series No.
33/4s Series No.
51
—
2
3%s Series No. 3-—>—
'
A-O
1__:
33/4s Series No.
_1979
59
~
59
50
Broad St.,
Telephone HAnover 2-0050
"
37
27 Va
—
28
35 Va
35 Va
4
27%
"37
M-S
.".—
Munic
28 Va
35 Va
27%
52%
—:
Cons
assented
AChinese
52%
*50%
—
A7s
37
27%
27 %
"37
—-
•'
27%
—1962
assented
"37
•.
37
27%
35 Va
6
"37
1962
sinking fund 6s_
37
3
M-S
Sep 1961
6s__
_
-r
37
27%
*
J-J
sinking fund
—
.
36%
J-J
_Jan 1961
__
37
F-A
Jan 1961
4.
assented
"50
F-A
6s
Feb 1961
f
assented
A6s
..
lb-
A-O
6s__
fund
s
AExternal sinking
Extl
61 %
—
98%
3
1960
:
AGuaranteed sink
118
♦
1978
59
1960
7s
assented
ASinking
115
60%
AExtl
61 %
1942
f
s
sinking fund 6s_
ARy external
A 6s
':
F-A
1960
4s___
External
sinking
A 6s
61%
"60
*"
(Int reduced to 3.5%)______1978
s f 6%s of 1926
1957
AExternal
60
1
1954
of)
A6%s assented
105%
117
AExtl
A 6s
90
101% 102
117
1 '
101
1958
8s
assented
AExternal
95
90'A
60
—
'
99%
95
j
.
37%
38
90 %
j_d
,
37%
37%
90%
j-j
external 8s____1941
pursuant to Plan a
91
60
60%
"60
—-f
Af-S
1950
—
assented
A 6s
12
92%
20-year 3%s
15-year 3%s
1
44
J-D
1957
_
37%
100%
"93 %
10-year 3%s
20-year 3%s
37%
100% 101%
101
F-A
(Rep)
A6s
s
7s
58 %
1961
(City)
AExternal
§ A External
37%
60
—
—
__
60
"60
—
1957
_
3%s
§A7s
"61%
Af-S
f 5s
s
(Dominion
JAChile
1968
.
J-D
_
Sinking fund gold 5s
Sinking fund gold 6s__
1-1693
—
F-A
60
56
1
0U%
58
—
60
ou
to
60%
—
J-D
3%s Series No. 30
ACarlsbad
§AExtemal
f
10
65
"60
J-D
3%s Series No. 29
T eletype
Exchange
.
1947
(King of Norway) 4s
§AAntioquia (Dcpt) coll 7s A
sec
60 %
60
'
Broadway, New York
a :
Akershus
s
59 Va
60
■
J-D
25-year
AExternal
60 Va
4
60
—
J-D
Canada
AExternal
High
%
"60
/. '
Jan. 1
55 %
No.
"60
J-D
3%s Series No. 25:
Wertheim & Co.
fund
Range Since
Sold
Low
53
"60
J-D
„+mrr,Tm„-t
24
3%s Series No. 26
sink
Bonds
60%
60
—-i
„
J-D
3%s Series No. 27
fund
4,000
"60
J-D
Telephone
10,000
100
34
High
59%
59%
60%
J-D
,jt..„n,TT—
3%s Series No. 21
sink
Friday's
Bid & Asked
Low
High
J-D
Govt.
or
Sale Price
Period
:.
3%s Series No.
Foreign
93.17
99.17
"99.30
100
18
3%s Series No. 18__»;
REctor
99.22
99.30
100
"99.29
100
BONDS
3%s Series NO.
Antwerp
101..9
City
Corporate Stock
Australia
101.18
transaction.
Range Since
Transit Unification Issue—
AGtd
101.15
"101.13
Week's Range
Last
Low
§AGtd
iuj..j.2
"1O1.-0
101.4.3
for
25-year 3s
2
Friday
BONDS
3%
"101.11
Reconstruction & Development
94.10
94.14
"Bid
1,000
i00.28
"101.1
Sep 1950-1952
100.23
"loo.26
•
__Mar 1950-1952
2s
100.23
105.14
Treasury
100.30
10,000
103.9
"
Treasury
101.14
for
the Week
Bends <«)
High
14
102.31 Jan
14
Feb
101.23
18
Low
EXCHANGE
23/4s
23/4s___
Sales
riday
High
1951-1955
Treasury
Treasury
Feb
r
Feb.
Feb. 17
Low
High
1949-1952
'_____
Treasury
102.23
Dec
Low
High
1955-1960
3s
2%s
Treasury
101.18
Low
Thursday
Feb. 16
Feb. 15
Hirh
Low
of
PRICKS
SALE
HIGH
AND
Wednesday
Tuesday
Feb. 14
High
unless they are the only transactions
computing the range for the year.
point.
a
Monday
.
Feb. 12
Low
3%s__„____
Treasury
Treasury
Treasury
Treasury
26
flnturday
;
STOCK.
EXCHANGE
Treasury
105.1
107.4
YORK
range,
sales in
mature.
Slid of
more
in the week's
taken of such
disregarded
are
occur.
the
LOW
Range for Previous
25
YEARLY
-
delivery
Figures after deeimal point represent
'
CHRONICLE
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
the
&
New York 4, N. Y.
Teletype NY 1-971
26
(822)
THE
YORK
NEW
RANGE
Friday
BONDS
Interest
New York Slock Exchange
Period
BOND
ENDED
or
Friday's
Bid & Asked
Oct 1961 1
A-O
Abs of
1927
Jan 1961
J-J
external
f
bonds
1970
High
1947
§ASinking fund 7s of 1926
§ A Sinking fund 7s of 1927
Copenhagen (City) 5s
1946
M-N
25-year
gold
$
1947
Rica (Rep oil 7s
(Republic of) 4%s extl—
Czechoslovakia (State)—
Stamped assented
i/a
357/s
38%
42%
27
(Int
A
6s extl
dollar
II
lASecured
f
42%
63%
72(4
Stamped
63%
68%
(Int
14%
57
107%
14
12%
14%
1960
A-O
j-j
1955
F-A
1962
4%s
series
A-O
*6014
«7
52
66
22
81%
38
78
17
74%
72
28
64%
72
B
(Kingdom)
Salvador
4s
extl
3%s
(Republic
1962
§AUruguay
J-D
'—1957
J-J
3%s
extl
sif
extl
$
f
s
French
Republic
Greek
extl
__
1967
1949
of)
__
J-J
M-S
1964
a^S. eXf s
AEstonia. (Republic
J-J
Jan 1, 1976
$
8s
—1946
M-N
7s
7s
part
paid
A 6s
part
paid
Irish Free
Italian
State
extl
(Republic)
Italian
extl s f
§A7s
Works 1%
series
Italian
AExternal
5
46
51%
16
11%
14
"
*102
Altaly
M-N
J-J
~
%-4 %s extl readjustment——1978
3%s extl readjustment
__1984
6'/8
AVenetian Provinces 7s
5%
6%
AWarsaw
55
1
A4%s
1
55
53
55
18
(City)
23'/4
24%
48
22
J-J
M-S
1977
22%
21
7s
j.j
1951
3
6'/2s
A-O
__1954
23
23
36%
__
4%s
1922
1952
Alabama
Great
Southern
3%s
196?
ANew
assented
(1942
Power
1st
3%s
1972
mtge
37'%
Albany & Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s„ 1998
Allis-Chalrners
28%
8%
24%
35%
40
American
8%
37%
Amer
7%'
-
_7
37%
&
Mfg 2s
Airlines
3s
debs
1956
debs—__1966
Foreign Pow deb 5s
American
100%
debentures
ueoemures—
2%s
102
100
100% 100%
debentures
2%s
~
j-j
*4%
"
__
__
2030
1980
;
of
1899
"4
Assented
to
Large
1922
"i"
;
ass'td
,
A4s
of
___
*11
(assented
10%
12%
*g
15%
A
P
A4s
fcA4.s
Ass'td
of
1910
1st
ass'td
to
1922
agreei__1963
i
j-j
agreement)
6%
6%
7%
6%
10
.
New
ass'td
(1942 agreei __1963
Geraes
6%s
(State)
ASec external
s
reduced
external
to
~~
/u
,(Int,
Netherlands
m
External
f
s
6%s
sink
*9%
~8%
11
9%
ii
9%
9%
34%
26%
M-S
30
27
M-S
Coast
10
1st
9%
30
12
25 %
*36
37
M-S
ii
89
A-O
85%
_1963
F-A
84%
a.q
80%
80%
!970
j-d
88%
88%
88%
1955
s f 5s
29
m-N
M-S
1965
loan
30
1957
(Republic) —
AStamped assented 5s
Stamp mod 3%s ext to
a-o
88
88
88
1963
Ref
(Int
reduced
(Rep of)
.
'
7
14
93
f 6s
88
M-S
7s
61
83%
86 %
18
80%
84 %
83%
85%
82%
84%
30
5
80
83
1st
82%
103
35
38
'•
—
93%
94%
J-D
106 %
20
103% 104%"
A-O
A-O
Q-J
96%
94
105%
110%
78
103 %
104',2
31
103 %
103%
113
103% 104
*81
94%
347
102%
104
.
103% 103%
104
96%
92
37
105% 107
104%
1966
Line
81%
81
82
*
A-O
1
\
■—
91%
•*
A-O
126
M-N
;
54
125% 126%
114
—
114
92
92
>v;
122%
126%
109
115%
6
Ry—
4s
A
July 1952
—1964
M-N
*104
104
104%
M-S
104%
104% 104%
35
104%
lOo Va
J-D
102%
102% 103%
38
100 %
103%
1st 4s__1948
J-J
1943
J-J
1966
J-J
49
50
37%
37%
37%
5^%
49
13
9
40
37%
*100% 101 '/a
100%
lux %
—July 1975
(4% fixed
A-O
85%
85
36
50
84%
88
int)__July 1975
A-O
90%
90
91%
24
90
95%
53%
B
mtge
5%
(2%
fixed
interest)
—
—due Dec 1 1995
J-D
53%
59%
56
58 %
63 %
_due Mar 1 2000
M-S
59 %
58%
59 %
58
58 %
62%
M-S
59 %
58%
59 %
76
58
63
J-D
69
68
69
15
May
50 Va
48%
50 %
I_
M-S
1960
26%
26%
17%
1940
32
19%
19
18%
19%
82
17%
19%
1«%
A-O
19%
33
17%
19 %
<.8i/b
"I
assented
1968
A-O
"
Axi?,rnal sink fund gold 8s
*4'5? assented
A Porto
1958
1963
J-J
j-j
1961
j.n
#33
49
J-J
*28%
6
*9%
assented
A4%s
f
7s
aD
Alegre (City of) 8s
Stamped pursuant to Plan
to
2.25%)
(City of) 8s
Janeiro
Stamped pursuant
(Int
reduced
AExternal
to
M-N
82
co >—»
82
J-J
69
1985
J-J
73%
1951
to
"
reduced
2.375%)
2006
1946
J-J
-
2%)—
Rio
Grande do Sul (State of)
§A8s extl loan of 1921
~~
v,
reduced
external
to
sink
~9
5%
"9%
10%
9%
12%
"
6%
9%
38%
27%
27%
9
30
*39%
reduced
external
2001
to
30%
F-A
F-A
27%
30%
5
27
30%
36%
28%
37%
5
33%
37%
28
28%
4
24%
(Int
reduced
to
1946
A-O
1999
A-O
1968
J-D
_
reduced
(City of)
2.25%)
__
J-D
1966
M-N
8s
*39%
45
*30%
32
(Int
reduced
2004
2.375%)
s
*35
redr.ced
Paulo
to
(State)
to
27%
__
J-D
2004
A-O
__
__
M-N
to
81%
85%
27
68%
71%
7/68%
73%
3
73%
78
74%
-
93
Telephone of Pa 5s series C_ll960
A-O
2%)
53
M-N
M-N
2012
M-N
1936
2.5%
2.5%)
page
l
Extension
1st
3%s
93%
94
93
:v/v
93%
:t Y 93%
2
6
95
93
95
100
100
120
120%
'
*100
'
w
—
.
; y
".
•
"
Bell
Indus
Bethlehem
Steel
Cons
mtge
2%s
*94%
LL
96
94%
96 %
98%
98
98 %
24
97%
99
M-N
97%
97%
97 Va
1
97%
98 %
1967
M-S
87
87
1
85
87
M-N
101
101
_1970
J
I
;
—
RR— '
1st
mtge
5s
series
1st
mtge
5s
series II
1st
mtge
4%s
1st
mtge
AInc
121%
—1976
Corp—
2%s ser I
''
*121
1955
mtge
ser
7
■
-
J-J
Loan 2%s debs—_1961
Cons
Boston & Maine
M-N
—
AC
series
;
—1961
4s series RR
mtge 4%s ser A,
;V"'\
*101%
A-O
:
JJ
*83%
J-J
1960
-July 1970
i
f
82
56 %
M-N
•
7
;
'
90
5
82%
56%
85%
82
20
57
59%
55%
'
'
'
ABieda
(Ernesto)
Co 7s
1954
F-A
L1968
A-O
:'_1950
F-A
;
Bristol-Myers Co 3s Debs
Bklyn Union El. 1st gold 5s_—
Bklyn Union Gas 4s debentures__;_1969
:
5
101
101
101
*100% 107
M-S
103%
103%
1
103'% 103%
101
102
97%
■w—;
100
1
Gen
mtge 2%s
1976
Buffalo Niagara El 1st mtge 2%s—1975
Buffalo Rochester & Pgh Ry—
Terminal
1952
A-O
*
J-D
1974
M-N
1962
A-O
1957
J-J
A-O
F-A
J-D
y
15
90%
92%
98%
7
98%
99%
58%
58%
92%
98%
—
A-O
1976
92%
'
J-J
1960
4s
■
M-N
1955
1st
5s
■
M-N
1957
modified 4%s_;
Consolidated
J-J
59%
28
58%
92%
4
*102
/:*'
92
-
61%
Y'—
92
99
Bush
Terminal
Bldgs 5s
gtd
„
'
*105
105
—
105 %
Calif
Canada
Elec
25%
28
Power
1st
Southern
cons
11
National
Guaranteed
—
•
27
28
*28%
34%
27%
34%
2
27%
25%
35
gold
Oct 1969
5s
1970
Guaranteed
gold
4%s_;—„—-1955
gold
4%s
Guaranteed
gold
53
53
*42
45
49
50
1
53
53
34%
__
50
33%
38%
55%
66
4%
105 Va
102
2
99%
00
'
102%
40
102
104%
Adirondack
.—
1956
114% 115
,107
10
113%
115%
11
106%
107%
8
107
107%
108%
107% 107%
'
——
113
1
94%
—
113%
112 Va
113%
12
106% 106 %
95%
112%
10
106 %
106 V2
113
112% 112%
M-S
Ry
99%
*102
95%
47/
108% 108%
1
93%
107%
98
108%
40%
46
4%s
1951
deb stk perpetual
114%
107
F-A
M-S
J-J
Clinchfield & Ohio 4s____1965
Pac
—-
102%
Ry—
gold 4%s
gold 5s
Can
99%
'
1
gtd 5s A
Guaranteed
28
3s
Oregon Power 3%s
Carthage
&
Ry—
_1981
J-D
1965
„_1960
A-O
F-A
(1947 issue) ———I960
F-A
4s_—L1948
J-D
1995
Jan 1 2020
J-J
May
__Jan 1 2020
May
gtd 4s—
—
*60%
65
61%
—
62
'
8s
52 %
16
69%
93%
1st mtge
2001
J-J
•
__
2
__
—
*38%
66
46
66
1
29.
Celanese
3s debs_
Celotex Corp 3%s debs_—
1999
J-J
J-J
__
*53
*38%
~
41
53
1999
J-J
53
3%s debs
1st
of
mtge 4%s ser Al_
Gen mtge 4%s ser B
5
41
53%
Central
102%
——
102% 102%
*100%
*
99 %
102%
2
—
—
—
—
•
103 Va
101%
101%
*■
__
„■
*
—
*75 Va
85
—
—
Georgia Ry—
mtge 4s ser A——
Gen
__
53%
Corp
§ A Cent Branch U P 1st gold
Central
1950
see
D
A-O
30%
Stamped pursuant to Plan A
reduced
ser
J-J
36%
'*32'
*28%
J-D
_1957
f
external
For footnotes
4s
J-J
35
Stamped pursuant to Plan A
reduced
M
;
stamped
29
—
Stamped pursuant to Plan A
KInt
00
A
ser
ennt inl)__1980
Guaranteed
1952
to
73
47%
—
Stamped pursuant to Plan A
a6v2s extl secured
5%
mtge
Guaranteed
1952
6%s
(City)
1980
1%%
ref
4s
ref
Carolina
Paulo
1st
&
Creek
Canadian
2012
1926-
2.25%)
to
A
&
68
176
Cincinnati division
California
gold
__
stmp pursuant to Plan A
(Int
Feb 1.2010
Va—
28 %
Stamped pursuant to Plan A
1967
fxd
1
West
&
—
2%)
of
._due Dec 1 1995
income
1951
Bush
A-O
2012
2.5% )
fund
loan
'29%
45
28
Stamped pursuant to Plan A
(Int
fixed
contingent interest) —
series
"Stamped
Stamped pursuant to Plan A
(Int
(2%%
J__
lien
4s
9%
*27%
a-o
1953
to
8%
*8V8
Stamped pursuant to Plan A
(Int
mtge 6%
1996
1951
Con
Beech
9%
6%
Plan A
6!/2S
sec
1st
*14%
*10
-
8
~q%
A
(Int reduced to 2.375%)
2001
7%s 1966 stmp pursuant to Plan A
reduced
Toledo
19
*28
18%
__
J-D
1961
s
4s
due Mar 1
^
Beneficial
___1959
4-0
(Int
93
94
—
J-D
1962
a
G__
conv
<3%%
84
103
A-O
(Int
102% 103
Fe—
cons
ser
S'western div
102
*103
A-O
A8s
102%
.
A-O
:_1969
.
4%s
M
Ref
90
89
1953
SASan
94%
J-D
—1963
K
A4%s
88%
81%
85
1947
ASao
92
1973
July 1 1995
Pgh Lake Erie
81%
9
20
A
(Rep of) gold 6s
A4%s
ARome
92
July 1995
contingent
Series
91%
25%
*31
M-S
ser
§AStabilization loan
7s
1987
1'.
ser
gen
3%
Ref & gen
95
3
89%
*83
"
M-S
2.125%)—2008
to
s
-
1 extl s f 6s 2d ser
,
A7s
93%
1957
contingent
Series
37
30
0
*90%
_
j-d
1967
1947
external
ANat loan extl
A6s
89 %
92
F-A
90%
deb 3s__„
5%
1%
&
30
94
94
M-N
1994
ref 3%s series B
de
84
Bangor & Aroostook RR—
§APernambuco (State of) 7s
Stamped pursuant to Plan
iario
72
103%
,
1st
4s
mtge
and
37
Panama
ant
85%
102%
;
unified
and 3%%
2008
fund 4%s
SAPoland
84
321
1995
Series
1956
4%s
mu1ic:pal ba,nk exti
(City) sink
t
85
B
*36
1957
fund
Oslo
APeru
M-S
J-D
4s__
1st mtge
Plan A
to
reduced to 2.125%)
fund extl
sec
82
1961
debentures
Series
1959
.s. f externa1
Ext
82
88%
Charlotte Air
&
and
(Kingdom) 3%
(Kingdom of) 4%s_
sink
82
82
7
34%
__
M-S
2.125%)—2008
Stamped pursuant
4s
75
J-D
'
(Lit
Norway
99 %
1
T
94%
mortgage 3%s
Stamped pursuant to Plan A
ASec
80%
99
99%'
•
y
Baltimore & Ohio RR—
A-O
1953
100%
80'%
98
*
-
'
•
23
§AAtlantic & Danville Ry
§4Second mortgage 4s
—
6%s
f
100%
*80%
M-S
-
J-J
1952
106%
~7%
6%
'
(City of)
36%
104-Ja
104 %
*101
A-O
V.'
J-J
___
Minas
5
,
1933
A-O
36%
104%
6
105% 105%
.
.
*6%
6%
(ass'td
Small
AMilan
4%
4%
_
r——
1913
4%
-
1
'"80
Atlantic Refining 2%s debs..
v_
2
__
36%
*104%
105%
90%
4s
General
7
j-J
Small
A6s
r~
J-J
____1945
(1942
Sf*11
S A Treasury 6s ol
7
to
agreement)___
Small
A4s New
J-D
(1942 agree) ____1968
(assented
36%
COMPANIES
95%
1st gold 4s__
Stamped
Atlantic
1922
INDUSTRIAL
89%
W
Atlanta
g:i'
to
___1954
AND
95
Products Co 5s
Atchison Topeka & Santa
n
9%
__
»
agreement)
2"
7
95%
debentures.
'
1922
7
7
90%
debentures
General
___
1904
15%
*1j%
ii
_I
j-j
:—_
__
6%
5%
12
.
-
iii
(1942 agree) __1993
Large
Small
34%
6
*9 %
A-O
ii
~~
Q-J
.iiiiii
New
~
_
Small
A5s
70
26
_
J-J
debentures
Ann Arbor
agree__3945
70
_
1986
1982
conv
3s
Q-J
___
86
72
luo
debentures
2%s
%
_
Small
§A5s
1945
81%
—
debentures
Amer Tobacco Co
___due
j
Large
86
—
3%s
_4%
5%
__
(Republic of)—
S^os
84Vb
__
Telephone & Telegraph Co—
2%s
1968
83 ',2
79
——
J-J
M-N
agree)__1968
85 %
83%
84
*84%
M-N
Alabama
1943
Small
Mexico
—
81
10
84%
91
A-O
24%
16%
~8
37
37%
__
A-O
1943
agree
'
—
*83
'
—
F-A
34
.
2%s.conv
to
84%
1958
2%s
small
J,—
-
__
*83%
—
ElAILROAD
Irrigation—
8A4%s assented
84%
F-A
27%
112
*7%
__
J-D
1950
8 %
'
'
■
*120
_1958
7s
-
Mexican
—
*70
assented
2%s
Metropolitan Water Sewerage &
Drainage Board 5%s
—
*34
16%
"
22
*22
.
J-D
1957
™B_,0S,,?via (State Mtge Bk) 7s
98
A-O
26
*T4
J-J
1952
6
J-J
26%
23%
"
to 3%
6
1952
external
8V2
11%
8
*120
F-A
4-4
8
5%
11%
*120
—
J-D
6
8%.
12
*100%
Utility—
(Colombia)
_1978
conv
AAdriatic Electric Co 7s
_1977
7s
(Kingdom of)
AMedellin
6%
A-O
conversion
102
8%
F-A
External
3%-4%-4-^s extl
8%
5%
1937),—
readjustment
102
*67/8
__
1
M-N
59
*11%
for
to 3%
1%
—1979
491/3
J-J
($
6
*86%
M-N
External
J-J
1947
Credit Institute
—1979
3%-4-4%s
61%
1977
B
Public
of
77
56
I960
l-3s
bond
75
100 ,'o
7%
7%
M-N
5
li.o%
76
*8%
•
—
M-N
1964
12
1960
__
5s
Credit Consortium
Public
-a
f
s
-I960
6s
75%
1968
Helsinglors (City) ext 6%s
6s
fund
60%
Government—
A7s
fund
sink
75%
95 %
43
*7
——
F-A
sink
GO
10
Y
'
AExternal
Jan 1, 1976
Jan 1,1976
—
54
100
100
7%
J-D
—1958
(Republic)
60
41
2
118%
OD
--
100 &
M-N
i
of) —
54
54
M-N
1958
7s
County Council
53%
55
I;'"/
—
1962
extl
5b
48
1
53%
*32
A-O
AExternal
El
53%
A
extl
sec
of)
High
58
—
•
53%
A-O
1978
Plan
to
3.5%)
79%
69'
70%
87%
76%
to
assented
Sydney
87
—
—
A-O
external
(Prov
A4%s
63
2012
2%)
7s
secured
ASUesia
1942
J-J
Jan. 1
Low
'
A
j_1940
to
pursuant
A8s
Plan
to
Serbs Croats & Slovenes
113%
106
J-J
loan
reduced
A7s
106
2G04
Range Since
Sold
No.
A
2.257*)
pursuant
s
42%
75
13%
106
M-S
1968
to
reduced
74%
14%
J-d
1956
Plan
to
Bonds
High
.
Stamped
*71%
*411/4
.
loan
reduced
(Int
(int reduced
5%s
gold
External
37
water
*68%
M-N
1977
to 6%)
extended to
SADenmark 20-year extl 6s
gold
_I
M-N
,.1951
ACosta
71%
42 %
371/4
extl
Stamped pursuant
*41%
J-D
1953
70%
Range
Friday's
or
Bid & Asked
Sale Price
Period
Exchange
Low
70%
72.
^41 i/a
_
f-a
1952
4'/2S
Cuba
External
•
371/4
Week's
Last
Interest
BONDS
High
Low
70 %
*69%
.
__
A-O
s
18
New York Stock
Jan. 1
No.
February 21, 1949
RECORD
.
Range Since
Sold
*70%
A-O
Mtge Bank 6%s
§ A Colombia
£ Monday,
Friday
Bonds
(Republic of)—
1928
CHRONICLE
FEBRUARY
A 7s
a6s of
3s
WEEK
FOR
FINANCIAL
Week's Range
Last
Sale Price
Low
Colombia
&
COMMERCIAL
Illinois
Light SVbS-—___1966
A-O
63%
635/a
*66
•
43 %
—
*108
16
—
63%
67%
66%
30
.
45 Va
72
43%
52
--
Volume
169 C Number 4779 '
THE- COMMERCIAL
&
FINANCIAL
CHRONICLE
(823)
NEW YORK BOND
RECORD
RANGE
Friday
BONDS
3
Interest
New York Stock Exchange
Last
Period
or
Sale Price
Friday's
A
1987
5s
registered
AGeneral 4s
A4s
New
Central
Pacific
1st
8c
Power
1st ref
3s__
General gold
Ref
&
u
2d
4v2s
Luv
1st
consol
cons
gold
4%s
1st
&
gold
&
ref
A
Gen
1st
M-N
mtge 3%s
J- J
J-J
&
1997
B___
-1985
„
A
1988
J- J
4'/2s______Jan 1 2038
J-J
4s
mtge
&
&
Pac
4s
A
ser
J-J
1956
conv
inc
J-J
ser A__Jan 12019
B____w__Jan 12044
ser
Western Ry—
mtge conv inc 4,/2s___Jan 1 1999
1st mtge 3s ser
B_w__.._____
1989
2nd
Chicago Rock Island
&
1st mtge 4s series
AGen mtge conv
Pacific
&
60%
'. Y :
Y
Apr
-
.
--
A____y.______,1994
A.Jan 2019
ser
,
>.
J-J
1951
J-J
Income 2%-4y4s_,
_*________1994
Chicago Union Station—v
1st mtge 3y8s series F__
1963
J-J
1st gold 4s
Chic Terre Haute &
S'eastprn Ry—
1st & ref M 2%-4'/4s_i__
;.
mtge 27/as
&
West'n
1st &
ref
ser
1st
G____^
Indiana
1963
J-J
1962
1st mtge -2%s
1975
Co
4s
Chic
& St
General
gold
4s___^
General
Ref
&
Cin
5s
series
Louis
Div
1st
4'/2s
&
1973
Columbus
& Toledo
Ei
1st
J-J
*81
86%
83%
87 %
1953
M-S
99
99
1971
M-S
*99
I- '
1961
M-N
1959
J-D
1974
M-S
57'%'
56%
59
M-S
57'%
57'%
57'%
cons
cons
A-O
77
1st
-1971
106
90%
76 Va
4s
A-O
1955
1977
& L 1st & ref 4'/2s___
Conn River Pwr s f 3%s A
77
72%
/2
■
-1
:;
>f
103%
"
20
v
28
J 104
103
(B
F)
Co
1st mtge 2%s_1965
Northern
Ry
5V2s
•
46
*105
J-D
104%
J-J
*103%
86%
86
100
8
100
106
121% 121%
5
120
121%
17
116
117%
N__
1990
J-J
mtge
mtge
3'/as
3VaS
ser
O—
2000
J-J
*__
2%s
ser
P—1
1982
J-J
"88'/a
99
mtge
2%s
ser
Q—
2010
J-J
75%
76
mtge
2'As
ser
R
1961
J-J
94%
104
95%
__
Bay
& West deb
Debentures ctfs B
Mobile
&
&
4s
ref
Ohio
series
48%'-
21
46
2
24
98 %
93%
23/4s
*
M-N
103
J-D
107'/a
A-O
M-S
101%
J-J
N
Y
Lack
1st
A
&
&
ref
Western
M
Income mtge
Morris
&
Coll
103
1st
5
113
102 y2
53
1st
&
Illinois Bell
& coll
mtge
1%
Light
tr
ser
A
gold
4s
gold
3%s_—
104
1st
gold
3s
Lake
97
2
75
78'%
14
94%
96 %
__
70'%
70'%
9'/a
5
•10%
9'/a
103
102
—
54'/a
98'%
25
97
68
16
67
74
97%
15
95%
98
55 %
37
54
61
96
13
95%
97
54
101%
*97
—
95%
■
—
*93%
J-J
'119
—
--
97%
M-N
10
93%
J-D
96'%
94
15
102'/4 102%
97%
121V*
97 '/a
126'%
96'%
124%
95
96%
93%'
1
102 Va
95
103
F-A
63
62 %
63
52
61'%
67 Va
A-O
23'%
22%
23%
68
21%
25%
97%
98 %
Collateral
106%
lines
102% 102%
19
100%
102%
1955
M-N
106%
106% 107'/a
26
105'/a
107%
i
.1966
1st
gold
3s
—1951
102%
103%
106
107 %
1st
&
102%
1st
ref
Registered
111
Cent
and
Joint
Illinois
1st
101%
100'/a
100'/a
101'/a
101 %
103
103
—
-w
__
—
•
'
F-A
103
F-A
—
%
103
*100%
-v
1
■■
__
—
_
Chic
ref
ref
4
St
5s
y2s
L
&
N
O—
series A__
series
Terminal
Ry
4s
ser
1st
61
26%
30 V4
A
Adjustment 6s series
Indiana 111 & Iowa
1st gold
J-D
95%
95
96
76
93%
99%
1963
J-D
90'A
89
90'%
39
87%
93%
1963
J-D
85%
85%
3
81%
87
1970
J-J
100 %
100%
3
100'%
100%
1950
J-J
100%
100%
1986
J-D
1963
C
mtge 4s ser D___^
A__
4s_
--
*100'% 102
--
Indianapolis Union Ry Co—
Ref
&
Imp 2'/2s ser C___
^International Great Northern
6s
series
__
*89
100'%
—
—
RR—
A
J-J
62%
62%
8
62%
67%
A-O
23
22 Vb
23
55
22'/a
25%
1956
J-J
56%
56
56%
40
56
6i y2
1956
J-J
56'/2
56
56%
14
56
61'%
1944
A-O
69
68%
69
38
67%
69%
1972
M-N
98
99
Jamestown Frankl & Clear 1st 4s
1959
J-D
72
72
72
1
72
Jersey Central
1976
M-S
97
97
97
17
96
1990
A-O
1976
J-D
*98'%
___1978
J-D
*101%
33%
35"
A 1st
35
5s
33'%
35
A 1st
gold
series
5s
1952
A
July 1952
B
series
C__.1
gAlnternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
99%
23
12
103 % 103 Va
99
99%
*98
M-N
101
*101%
*101 '/a
*33
M-N
J-J
J-J
36
103%
101%
94'%
15
93%.
Pow
Lt
&
102
_
*98% 101%
—
J
103 V2
103 Va
*101% 102
93%
103%
Springfield Div 1st gold 3'/2s_—1951
Western Lines 1st gold 4s___
1951
J-D
94%
103 %
*101'% 101%
34 y2
A-O
3
103%
J-J
27>/4
M-N
88%
103% 103%
*100
_____1951
3%s
33
*__
82 yA
*100
U
J-D
52
*100%
52
J-D
103%
83%
J-J
gold 3s
48%
J-J
J-D
82%
F-A
& Term
95%
99%
82%
1951
26%
A-O
*100%
F-A
Omaha
99%
bu
1950
:
J-J
J-J
95 y4
101 >/4
102%
Bridge gold 4s
98%
105%
M-N
100%
*77
13
103
104
3
104'/a 104%
102%
100%
102 % 102 %
^1953
5s
Div
70
-
102'%
M-N
._1952
95
33 »/4
*35
101%
3'As—
99
33
A-O
103
101%
__
—
gold 4s__
trust
St Louis Div
98'/4
103
103
M-S
—1955
102%
*103
*101%
*101%
1951
4s___
1
41%
J-J
97
17
29
102% 103
J-J
Div 1st gold 3s___
1951
Louisville Div & Term gold 3'/2s_1953
94%
101 %
103
A-O
Litchfield
96
100 Va
J-J
J-D
1952
sterling
trust gold 4s_'
Purchased
104 7/a
2%s
77
,97%
96 y4
*86
65%
88%
66
85
M-N
,65V2
'V 87%
24.
65%
68%
66 V2
31
65%
69%
14
103 y4
104 %
<
1973
A-O
104% 104%
1977
J-D
*__
K
Kanawha & Mich' 1st gtd gold 4s
Kansas City Power & Light 2%s
1st
mortgage 2%'s
Kansas
1st
107 y2
City
Southern
mtge 4s
ser
Ry
1st 3s__ 1950
A
1993
;
J-J
88%
87%
88%
19
2018
Apr
63 y4
63%
64
36
—
87%
63%
91 Va
65%
Ry 2%s
"gold 4s_
Kentucky Central
Kentucky & Indiana
Term
Stamped
4'/2s
-1993
J-J
_1966
M-S
108%
108% 108%
1
_1970
J-D
108%
110
104%
104'% 104%
37
_1982
104'/a
M-S
98%
25
J-D
98%
Detroit & Mack 1st lien gold 4s_ _1995
54
105'%
J-D
A-O
*100
1987
1961
105'%
101%
101%
100%
99%
100%
J-J
114% 114%
114%
114%
J-J
*53
100'%
100 y2
11
101%
103
4
%
2
33
107%
75%
J-J
*100%
1961
J-J
*103
1961
—
unguaranteed
101%
103'%
99%
104% 105
J-J
*98%
__
__
99%
108%
1974
3
99
*101
104%
101
105%
._1958
4V2s
J-D
96
100%
—
—
101% 101%
A-O
1968
B
Plain
mtge (3%
fixed
contingent int).
A-O
1975
series
Kansas City Terminal
(4'/2%
96
—1961
1st mtge 3%s
Income
1%
89
67
1951
3'/2s
2,
1965
-
contingent int)
Salt
93
86'%
9,8'/a
1951
gold
3s
Collateral
Refunding
104%
fixed
mtge ser A
contingent int)
&
92 y8
.a —
97
67
Apr
1981
1951
1st
95
West RR—
AIncome
Denver
93%
*102% 103
A-O
1978
99
__1978
3y8s__
(3%
Feb 1957
Telep 2%s series A
1st
*33 y2
-May 1 7042
Grande
i
1st
1946
C
4-6s____
Rio
1962
___1949
1st 5s A——1957
95
division
Power &
mtge
Denver
—1970
1st mtge 3s series B
Illinois Central RR—
J-D
__1993
Jan 2044
gold 5s
Manhattan
&
102%
103
100% 101%
*47
J-J
1973
9
97
div
ser
due—
Essex
Tr
Delaware
5s
1st
A
95
J-J
1965
1969
3s__
99
M-N
J-D
1963
D—
mtge inc 4s ser B_i
1946
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
9'/a
A-O
J-J
98%
106% 107 Va
*102,
J-D
debs
B
Debenture 4%s
D
Co
—1959
J-J
Gold
J-D
&
Feb
AAdj income 5s
106%
106
__
1972
Deere
110%
RR—
1975
Hudson
__
2
1978
*60'%
J-J
104%
43
1st mortgage 3s_.
1st mtge 3s series A______
Dayton Union Ry 3y4s ser B
95'%
Feb
M-8
105 y4
104%
__
94%
1975
A
mtge inc 5s ser A J——July 2015
Cairo
97%
2%s
96'/2
"A-O
lU2'/2
103%
"
94%
1st mtge
ctfs
1978
50%
101%
105
96'/a
Dayton Pr & Lt
97
M-N
103%
94%
-1952
109%
'
1976
106%'
102%
7
10
97%
receipts
A deposit rets
§A6s series B deposit
receipts
14
93
mtge
ser
Finance Corp 2%s
Hudson Coal 1st s'f 5s series A
108
A-O
series
109% 109%
117% 117%
Hackehsack Water
101%
6
Y
M-S
§ A Deposit
87
100%
106%
1977
§A7»/2s
99%
105
1982
§ A Deposit receipts
A Cuba RR
1st 5s gold
16
100%
J-J
J-J
87%
104%
B
-1965
100
85%
J-J
Hudson Co Gas
104 »/4
A
Steel 1st mtge
3'/as______l966
Northern" Ry 1st 5'/2s_
1942
100
8
86
100
Household
1
ser
§ACuba
59
103 %
H
81%
"7
ser
Crucible
86
M-N
1968
62%
mtge 25/8s
1972
*102% 102%
1st mtge 2%s__1976
Hocking Valley Ry 1st 4'/2s
1999
92
60
mtge 2%s
.1963
J-D
M-S
101%
79
86%
ref
debentures ;
,65 %
103Va
J-J
1st mortgage
68%
ref
conv
*103 '/a 103'%
107 V*
81%
1st
3s
B
Collateral trust 3%s—
Gulf States Util 1st M 2%s
102 y4
61%
1st &
Consolidated Natural Gas 23/4s
1968
Consumers Power 1st mtge
27/8s___1975
Continental Baking 3s debs
M-N
1976
1st
■
*106.
C
57'%
1952
Gen
i
100%
20
104% 104%
*104%
*100
ref mtge 2%s ser
ref 3s series D__
4
1973
Gen
106
105
A-O
&
series
1st & ref 3%s ser is
100
99
105
102'%
56%
Co—
Greyhound Corp 3s debs——.
•
92
10534 106
F-A
1st
1969
106%
104%
::
7
___1961
1st &
1956
inc debs
conv
104%
.
106%
82
104%
101%
D__
A
'■
106%
102
9
.
103%
35
Gen
70
61
Consolidated Cigar Corp 3 V%s
1965
Consolidated Edison of New York— '
&
deposit
20
103% 104 \\
*102 Vb 104
Gen
s
102
75
*102% 106%
F-A
1951
of
104
Gen
98%
6
105 34 103%
48%
F-A
___1978
Ry
debs
3s
1st 4V2s
Gen
5/
1st mtge 3s series N
Conn
Rub
Sugar coll trust 6s
Refunding
Commonwealth Edison Co—
1st mtge 3s series L
&
Coast
ref 5s-series A
General
103 %
22
707/a f
M-S
extl
96'/a
General 5.s series C
General 4V2s series
106%
101%
103% 103%
M-S
-1973
3V4s
mtge
of Berg Co cons 5s
1949
Realty & Utilities Corp—
General
59%
103
.
107% 107%
M-N
1
G
ser
mtge 2s ser H
Div
Francisco
89%
106
75
100
A-O
-1980
3Vas
mtge
Extended
Columbia Gas & Elec 3'/8s debs_
3l%s
debentures
Ohio
89 '/4
2000
95%
*101%
Southern
Columbus <te Sou
__
62
105
A-O
-1977
series C
106 %
A-O
1972.
Ry—
(stamped modified)
4»/2s
94
61 y4
"84%
J-J
: F-A
gtd 4y2s
-1961
Terminals Co—
84'%
Goodrich
53%
28
:
60%
M-N
-1950
1st
89'/4
A 1st &
119 ;
J-D
72
65
*86 Va
A4s
87%
81%
81%
J-J
1?70
mtge 5%s series A
1st mtge 5s series B_
1st mtge
250
104
"79
48
67
66
*95% 101
Great
104%
J-D
-1982
1st
Colorado
-
°92, ..-95r,.
61%
67
A-O
J-J
Gas & Elec
noiy4101%
*:
J-J
1964
1st
100%; 103%
102 >/4
81%
A—Jan 2015
ser
94'%
uo7%
.
inc 4V2s
51
93%
100% 100%
.
105 %
65'/a
47%
%
54%'.'$ X
105% 106 ;
.
100%
J-J
-1991
4s
1st mortgage 3s.
Cleveland & Pittsburgh RR—
Series D 3y2s gtd
Union
J-D
1977
Louis Div 1st coll trust 4s__
_1990
Cleveland Electric Ilium 3s__;
Cleve Short Line
106
J-D
-1993
__
St
Cleveland
:/
61%
4
:
102
104
J-D
.1993
B_
Mich
104
102
104%
105 V*
103'%
5
1990
Ohio
77%
8
.
71%
Ry—
impt 4'/2s series E__
Wab &
'104
,
105%
*105
mtge 3V4s ser E
87
89%
,
112
105
Gen
%
112
mtge 3V8s ser F
Gulf
F-A
.1966
debs
Cin
70
'5
F-A
.1961
mtge gtd 3%S series E
mtge 2%s ser G
City Ice & Fuel 23/4s debs
mtge
ACertificates
82'%
.
J-J
1974
1st
1st
Investing
Y
105
105
112
cons
AGreen
70
112
cons
1st
54
-
2
48
1st
JFlorida East
50
91%'
101%
1st
Firestone Tire
5
50%
76
A-O
1969
Cincinnati Union Terminal—
City
11
,;;:n01% 102
*
Southwestern
75
60
V.
M-S
1978
&
stamped
Gen
65
15103%
J-J
mortgage 27/as
CI eve
A-O
"lOl
J-J
4s___1952
cqnv
4'%s series D___
Cine Gas & Elec
A-O
1965
120%
60'/a
Y-
J-D
1994
94
J-D
1st
-
v*
106%. 106%'
.
J-D
Chic
1st 5s——1965
Paso
46
118
33
53 %
100
98%
43%
74'%
24
*87'/8
:/•'
106%
-
Apr
1951
_^____
Memphis Dlv
•
.
92%
50
3
100 Va
60% : 60%
54%
J-J
New Orleans 5s___1951
Gold 3y2s
98%
100% 100%
50 %
Ry—
48
,
99%
46
*104'%
•
4%s
Chicago St L
_
Apr
Chicago & North
61%
*__;
~-Y:z/
Apr
mtge 4>/2s inc
72
48 ;
J-J
1994
Gen
4'/2s
83
61%
;
RR—
;
82'%
71%
J-J
High
97%
2
*145%
M-S
110%
'
1
'C
M-N
J-J
110%
2
Ry—
Southern
Paul
75
119
—
1956
120%
25
119
—
19
100% 100%
100%
ryvu
105
109%
Y 4
75
M-N
47
Jan. 1
Low
6
45
M-N
98%
1995
100%
118
98%
44'%
^.-1982
mtge 4s inc ser A
Jan 1983
A2d mtge 4%s inc ser
A____Jan 2003
1st
*97%
--
2%s
.
Range Since
Sold
No.
Erie Railroad Co—
100%
94%
110'/a
J-J
A 1st
Chic Milw St
110
F-A
5s
Louisville
Chicago Indiana
97
12
111
F-A
5s
110%
110'/a 110%
1977
Light Co
Bonds
High
97%
J-J
El
97
104%
..1
111
F-A
1970
110%
RR—
conv
mtge
Chicago Ind
F-A
__1985
111
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
inc
120% 120 %
*110'/2 118
J-J
1977
B__
128
29
.39
1937
98%
.
47
J-J
East Tenn Va & Ga Div 1st 5s
100
24
99 >/2
1961
Ed El 111 (NY) 1st cons gold 5s
Elgin Jollet & Eastern Ry 3%s
105 y4
122%
Quiney RR—
3 '/as
ser
99
1041/4 104%
debs
'
Rant*
Friday's
or
Bid & Asked
101%
103%
2
...
2J35s
Duquesne
101%
100
128
Last
Sale Price
102%
99%
2
Chemical
JSADul So Shore & Atl gold 5s
70
101
6
Dow
78
102%
17
Period
Low
78%
59%
.
10
98%. 99%
■
5)9'/2
104%
4s__^_198y
mtge 2%s
inc
99 %
J-D
1989
&
Eastern
mtge
AGen
27
Week's
Friday
Interest
BONDS
*
67
__
128
F-A
J 8
New York Stock Exchange
»
High
67
128
101
6100%
1973
4s
series
ref mtge
1st
&
101
1996
1958
ref
Chicago
687'a
61
101>% (101%
1041/4 104 »/4
M-S
D____1996
General 4s
&
v
Low
83
-.
101'%
J-J
—__„_1992
1FEBRUARY
Jan. 1
No.
102% 102%
F-A
1965
impt M' 3'As series E
Chicago Burlington
1st
.67
.
1025/a
F-A
1968
imp M 3%s series H
A
&
69
-.
,59%
F-A
_1974
Impt M 3 '/2s series
Ref &
High
series A
Aug 1 1949)
35/aS ser B
Champion Paper & Fibre deb 3s
Chesapeake & Ohio Ry—
&
:68'%'
A-O
ENDED
Range Since
Sold
Q-J
_1974
WEEK
,
67
.
J -J
gid goid 4S-1949
to
mtge
Ref
69
•ol" J
1987
York
ref
14 '% "/o
1st
1987
__1987
registered
Central
J-J
Bonds
Bid & Asked
Low
t ACentral of N J gen gold 5s
FOR
Week's Range
1091/4
-
Gen
Gen
3s
&
ref 3s
ref
&
conv
series
H__,
2%s series
I
debentures.-
:
:
J-D
.1961
-1976
"if
footnntpc
cpp
tipop
90
M-N
M-S
—
98 '/2
79
98%
108
108
J-
*50
79
*73
|
103'%
79
82
Kings County El L & P 6s_
Koppers Co 1st mtge 3s
JAKreuger & Toll 5s ctfs
1997
A-O
1964
M-S
Laclede Gas Light 4'/2s conv debs—1963
Lakefrcnt Dock & RR Terminal—
M-S
*170%
A-O
1959
—
102% 102%
%
%
1
73'%
51
102'% 103'%
88
12
88
70
17
15
102'%
88
73'%
70
105%
88'%
1st
mtge sf
3%s
ser
A
1968
J-D
112
111% 112
*91
93%
113%
27
28
(824)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, February 21, 1949
NEW YORK BOND RECORD
RANGE
Period
Last
Sale Price
Bonds
Bid & Asked
Sold
Low
Lake Sh Sc Mich Sou gold 3'/as
3'As registered
1997
1997
...
Lautaro
Nitrate
Co
_1975
1970
1954
stamped
91 ft
A-O
F-A
1964
F-A
2003
—
June 1992
A
2003
5s
2003
■,
modified
Little Miami gen 4s series A
A Lombard
Electric 7s series A
"97
J-J
"96
"39
.
"65
-
—
39
93
68 ft
70%
72%
35
36'A
34 ft
38
39'A
43
43%
31
43
49%
69%
69'/a
71
17
69 ft
74
"119%
—
7
107% 108
1952
J-D
F-A
"108
1963
A-O
103
1966
u-s
1978
—
2
36'A
108%
—
74'A
98
98 Va
lien
4s
36'A
26%
3s
3%s series F
1st Si ref M 2%s series G
102'A
a-o
83
2003
A-O
99%
.Jf-8
1955
Jf-N
107'/a
103'A
104'A
102 'A
102ft 102ft
_3
101'A
102ft
108%
108% 108%
6
108%
108 %
A-O
77'/a
22
77 ft
12
128'A
128%
112
112
102
106%
101 ft
77'/a
A-O
112
M-S
Q-J
"
83
99%
59
85
14
2047
2047
J-J
1975
US
—
79%
107% 107%
83'/a
(Minn)
93'/a
mtge 2%s
1st
1st mtge
1974
Corp. 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%s_1974
Metropolitan Wat Sewerage & Drain
(see Foreign bonds)
Michigan Bell Telephone Co—
debentures
lonn
"100
M-N
70 ft
J-D
70 ft
mtge 2%s
1st
87%
M-N
14
70'A
95
68%
Jf-N
"98
J-J
—
"101%
"
103
100'/a
Jf-N
101'A
——
—.
tOgdensburg & Lake Champlain Ry—
§ Alst guaranteed 4s
1948
Ohio Edison 1st mtge 3s
1974
1st mtge 2%s
1975
97 ft
97
"102 ft 103
100 ft
Oklahoma
1st
US
"101'/a 102'/a
105 'A
105%
13
13'A
11
102
101 ft
96 ft
F-A
1978
3'As
;
102'A
102'A
8
9 6'A
5
j-d
—
—
96'A
95%
25
95%
'J—
'
'
102%
97 ft
96
2
104'A 104%
—
—
104 %
A-O
14
13
100%
97
95
—
■
104%
105
104
101'/a
J-J
A-O
"100
Jf-N
103%
"104% 105
20
98
M-S
1975
Sc Electric 2%s
Gas
mortgage
Oregon-Washington RR 3s ser A—1960
A-O
99%
—
O
89%
—
99
J-D
99'A
96'A
99
Bell Telephone—
debentures
93 ft
85'A
5
103'A
16
98'/a
"102'A
a-o
71'A
69'A
92'A
-
87%
95
89
101'/a
105'A 105%
M-N
99
A-O,
'
"92 ft
J-D
95
90
18
103
101'A
100%
101'/a
93'A
102'A
88
98%
J-J
1979
3s
mtge
3'As
93
102
102'A
F-A
1975
1978
1977
2%s
1st
107%
107%
1
14
94%
92
92
J-J
61 ft
States Power Co—
Northern
99%
4'As
64%
59
83%
2
83 %
99
17
—
61'A
43
59
93
82'A
99
"93%
98
—
__
62
J-J
Northwestern
Mead
101 ft
61'A
61%
13
104'A
103
103
Q-F
impt 5s series C
impt 5s series D
85
110
Q-J
M
Maine Central RR 4fts ser A
i960
1st mtge Si con 4s.
ser B
1954
Manati Sugar 4s sink
fund__Feb 11957
Manila RR (Southern
1959
Lines) 4s
May _Dept Stores 2%s debs
1972
128%
128 ft
u-S
79
Q-A
trust
98 ft
J-J
2047
Coll
-A
1972
105
75
97%
31
22
73
.!
2047
92%
92
18
35
18%
- .Tr,—
M-S
1997
registered
(Wise)
& Co 2%s debs
'•
;
Ref & impt 4'As series A
103%
106%
"93% 100
1980
2003
H__
St Louis Div 2d
gold 3s
Atl Knox Si Cine Div 4s
104
F-A
—Jan 12047
3s
98'A
J-J
/
Ref Sc
A-O
8
18
103
Ref Sc
M
lien
—
'
1997
4s
registered
General
108'/a
108
—
Jf-S
2003
"73
Prior
107'A 107'A
36'A
Jf-N
46
35
Northern. Pacmc Railway—
43
"104'A
20%
108'A
42 ft
M-N
A-O
"18
120
46%
A-O
A-O
107%
43 ft
37
F-A
107'A
41 ft
38 ft
1
106%
7
63'/a
■
F-A
§A2d
40
38
86
38'/a
35
1
'• '
60%
N
■
41'A
gold
4'As
1937
gold 5s
1940
§ A Terminal 1st gold 5s
..1943
N Y Telephone 2%s ser D
„—1982
Ref mtge 3 Vis ser E
-1978
Ref mtge 3s series F—-—
1981
Niagara rails Power 3vss
1966
Norfolk Southern Ry Co—
A Gen mtge 5s conv inc
2014
Noriolk Sc western Ry 1st gold 4s_1996
Northern Central gen Sc ref 5s
1974
Gen Sc ref 4'As series. A
1974
34 ft
210
34 ft
11 ft
100
'
§ A General
120
67
High
5
98%
^
■'
107% 107'A
J-J
4
96'A
J-J
Light 1st mtge 2%s—1975
Y & Putnam 1st cons gtd 4s
1993
Y State Elec Sc- Gas 2%s
1977
Y Steam Corp 1st 3'As
1963
IN Y Susquehanna <te Western **«.—
§ A 1st refunding 5s
1937
96'/a
91
28
,.1951
1st & ref mtge 3s
!
Louisville 61 Nashville RR—
3VsS
99 ft
61
N
101 ft
8%
5
"59%
97
67
64
m-N
,
.
121
8%
A-O
N
100
— —
1962
Lorillard (P) Co deb 5s
3s debentures
1
Louisville Gas & Elec 3'As
™
8%
Jan. 1
L010
No.
J-D
General 4s
Range Since
Sold
High
Jf-8
91 ft
90
90
38'/a
Jf-N
Lehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
Liggett & Myers Tobacco 5s
1951
1
101
Bonds
Friday's
Bid & Asked
8'A
M-S
-1955
JAN Y Ont & West ref 4s
96'A
90 Vi
95
93%
62'/a
36'A
Af-N
ser
or
Sale Price
Period
Low
89%
~
"88
63
Af-N
4'/as stamped modified
4'As registered
3%s
90'A
90
8
"90
;
—
Af-N
M
97%
101
tr.—
J-J
2003
ref
8
Week's Range
Last
Interest
t
High
Low
__
91ft
"96 ft
101
F-A
1954
registered
&
89%
"
—
F-A
1974
.
Lehigh Valley Ry Co NY 4fts ext. 1950
Lehigh Valley RR—
4s stamped modified
2003
1st
B O N D S
New York Stock Exchange
.
N
stamped
Lehigh Vai Harbor Term gtd 5s
1st Sc ref
No.
88
Deo
5s
stamped
Jan. 1
N Y Power Sc
Lehigh Valley Coal Co—
5s stamped
4s
90'A
J-D
18
Range Since
Ltd—
A 1st mtge Income reg_
Lehigh Coal Sc Navigation Co—
S F
mtge 3fts ser A
5s
High
90'A
J-D
FEBRUARY
Friday
Week's Range
or Friday's <
Friday
Interest
BONDS
New York Stock Exchange
WEEK ENDED
FOR
Michigan CentralJack Lans St
Sag 3fts
1st gold 3'As
1951
.1952
%*>£, & impt 4%s series C
1979
Michigan Cons Gas 1st mtge 3fts_1969
i«5
o2J/bS
1st mtge 3 %s
—1969
™—
57
A-O
"102
St Paul Sc Sault Ste Marie—
mtge 4'As inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991
Mo Kansas Sc Texas 1st 4s
5s
Prior
lien
series
series
4'As
a
1st
a
1st Si
Sc
ref
83%
84
2
83%
87
49'A
50'A
25
49'A
53 ft
J-D
70
69
70'A
49
69
74%
J-J
82
81'A
82
16
81'/4
85'A
J-J
67
65 ft
67
7
65 'A
70
J-J
67
70 ft
67 ft
80 ft
Jan 1967
i96s
ref 5s
1975
1977
series
1980
1981
Monongahela Ry 3'As
Morrell (John) Si Co
v
.■
B„__1966
debs
1958
40 ft
38%
103%
103% 103%
26
102 ft
103 ft
Sc
ref
3s
series
L
1974
J-D
103%
102% 103 »A
49
101%
103'A
3s
series M
1979
J-D
102
102'/a
22
101',a
103 ft
ref
3s
series N
1977
J-D
'102
102%
101%
10214
&
ref
2%s series P
1st
154
77'A
77%
23 ft
228
22%
78%
50
77 'A
78 ft
25
77'A
2
60%
62%
103 »A
103'A
101
101 ft
56
58%
"104 ft
101'/a
2
>56 ft
6
56
J-D
1955
M-N
M-N
78 ft
—
101'A 101 ft
78 ft
74
>
37
1979
91 ft
Jf-N
91 'A
91
1
191ft
vl1 m,tge 3s ser B-
3s
debentures
National Steel Corp 1st
mtge
National Supply 2%s debs
1970
a-o
.1967
J-D
1978
Jf-S
debentures
1983
M-S
1955
J-J
"104'A
Jf-8
3s
'A
A
A
4'As
1st
Cons
Ref
4s
•
F-A
1965
J-D
1968
J-D
104'/a
103% 106
Cons
•
sinking fund 4fts
General
4'As
General
5s
/General
&
J-J
series
Y New
99%
100%
103%
98'/a
103 7A
98'A
98'A
98 'A
104'A 104%
104 V2
105 ft
102'A 102%
104'A
102'A
104
a-o
92
92'/a
92%
f-a
90
J-D
A-O
series
1974
106 y4
103%
110
95%. 96%
91
95 %
95ft
1980
C..
_
100%
97
48
95 ft
101 Va
57
99%
102
83
—
109
56
56
13'A
F-A
"103ft
'
—
•'
98
Jf-8
,
85
8
108% 199ft
Apr
1974
B
97'A
"115'A
F-A
1977
1961
J-J
83
56'A
6
13 ft
56
10
f- —
98
19
109%
61ft
13
16
104%
'
__
101'A
87
106 ft
59
96
104%
98'/a
115
114
—
ref
2%s
1971
ref
2%s__
1967
2%s
1974
M-N
ref
2%s
1981
T-o
ref
27As
1978
109
105'A
34
100%
106'A
5
,
99%
7
100%
15
101% 101%
100% 100%
F-A
1937
A
Certificates
99'A
100%
102
100%
94'A
94'A
96'/4
95
Pittsburg Bessemer & L Erie 2%s
1996
J-D
Pgh Cine Chic & St Louis Ry—
Cons gtd 4s series F
1953
92
94
97'/a
3
93
9b
Cons
10 ft
102 % 102'A
J-D
59
99%
99
101ft
3
9
ft
'
—
95
."97
—
1957
I960
"105%
F-A
1963
1964
F-A
J-D
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
54r>/8
54 ft
57
208
A-O
59 V'B
50
60
205
59
66%
A-O
66
66
67
116
65%
73
98 ft
9%
4
101%
97
—
"102ft 108
Jf-N
G
series H
gtd 4'As series I
gtd 4'As series J
6
10
9%
"9 ft
——
93
Cons gtd 4s
99'/a
101% 101%
9ft
F-A
95'A
90
2
__
101%
__
1964
92
54
31
99
J-J
1st s f 4s__
of deposit
Ry
f-a
"103'A
"107 ft
__
Jf-N
"114ft
—
104
107 ft
102 %
10 ft
10
102%
98%
107 ft
__
__
——
„
__
__
105
114ft
107
103%
2
114%
104
__
108
Pittsburgh Consolidation Coal—
61 ft
54 ft
3'As
1997
J-J
1997
J-J
1998
f-A
1998
f-A
76
78'A
26
81%
73 ft
1
73 ft
75
55%
56%
12
55%
61
"53%
f-a
76
73 ft
55 %
f-A
1998
56%
56'A
56%
■
—
—'
55
56
33
55
60%
54
55
54
8
54
58
1980
J-D
96%
96%
1986
A-O
91
91
1975
A-O
1951
F-A
2000
B
Jf-N
2043
x
89%
16
89%
97
91
83
100% 101
•101
94%
3
92
86%
12
91
101
99%
*
■
Pittsburgh Steel 1st mtge 4V4S
1958
Pittsburgh Sr West Virginia Ry—
1st mtge 4'As series A
1958
1st mtge 4'As series B
1959
'1st mtge 4'As series C
1960
Pitts Youngstown Sc Ashtabula Ry—
1st gen 5s series B
1962
1st gen 5s series C
——1974
1st gen 4'As series D
1977
Pittston Co 5'As inc debs
1964
Potomac Elec Pwr 1st mtge 3y4S__ 1966
J-J
J-J
Jf-N
1973
99 ft
Jf-N
98
98
"69 ft
•
—
-r.
80
100
98
70
'
12
100
1st
80
10
98
1st mortgage
72%
Providence
78
81
Public
3s
1954
J-J
64'a
64 ft
65 Va
May
45 7 b
44%
46%
*
Service
&
86
2
A-O
—
101'A
100%
102'A
101%
101%
89'A
3
'
f-A
■
92'A
92
88
87
—
—
87
1
87
86'/a
5
86'A
86'A
109
J-D
109
109
2
—
—
..
100%
__
"86
A-O
■
88%
92
109
—
—
J-D
_
J-J
100
J-J
"106'A
•
100%
99 ft
U
100'A
106
—
106'A
102-
Jf-8
102
M-N
109
102
J-J
102
102
3
69'/a
1st
&
ref
mtge 3'As
48'A
1st &
ref
mtge 5s
103'A
103%
1st
Sc
&
ref
ref
mtae
mtge
1968
"98% 101
:
—
101ft 101%
107% 107%
101 ft
35
11
1968
J-J
2031
J-J
"146%
J-T>
"213
Rs—
3s
"
99 ft
99%
101'A
101%
Gas Co—
debentures
64 ft
—
14
"101% 103
~
J-D
—1—__1963
Elec
4*
.
102 ft 102'A
102%
A-O
88'A
"101'A 102
—
J-J
1956
Terminal 4s
191
103%
88'A
F-A
3s—
461
1st
Sf-N
103% 105%
100
RR—
1st Sc ref mtge 4s ser A
2007
a Gen
mtge conv inc 4 Vis ser A-2022
Harlem River Sc Port Chester—
103%
M-N
1977
1983
mortgage 3'As—
69 ft
'
'
A-O
A-O
'
'
•
__
1965
debentures
'
1973
A
page 29.
100
101%
100'A
■.
J-D
1st &
1970
Gen mtge 5s series B
1975
Gen mtge 3%s series E
1975
Pittsb Coke & Chem 1st mtge 3fts_1964
3'As
1st 4s
109
105'A 106
100
M-N
ref
[_2013
Sc Hartford
IOd'A
J-D
&
L_2013
A
series
Sc
1st
Cons gtd 4s series
95
L_1998
ser
"108
«
J-J
90%
90
92'/a
Co—
J-J
87 ft
93%
92
f-"a
2043
see
1985
1st
Cons
B
For footnotes
A-O
Phillips Petroleum 2%s debs
.
gold 4s
Haven
116
100%
72
100'A 101
96 ft
1st &
103%
92
Mtge 4s series B
4Vis
"103
J-J
II1998
4s
114ft
72
115'A
Wash RR Co-
t§APhiIippine
J-J
A—
West
22
115
100% 102'A
J-J
1st &
Jf-s
1952
N Y Sc Harlem gold 3'As
Mtge 4 s series A
N
Sc
5s
20
"104 %
F-A
Chicago Sc St Louis—
Sc
Marquette Ry 3%s ser D
General
101ft
115%
96%
-Apr 1990
100'/a 100'/a
100 Vi
J-J
1981
Ref mtge 3'As ser E
1st mtge 3s ser F
N Y Lack
ext
A Income 4s
Peoria & Pekin Union Ry 5fts_
A-O
1974
3'As registered
1st
.
100%
101
1960
debentures
Phila Bait
RrIT
Mich Cent coll gold 3 Vis
N Y Dock
conv
101
2
Philadelphia Electric Co—
lgjji
Connecting RR 2%s
103
99 ft
■
General
N Y
3s
3 Vis
mtge
1173/4
deposit
mtge 3'As
3ft s registered
8hore coll gold
3 Vis registered
104'A
103
--
101
1963
3'As
deb
117
195c
Lake
66 ft
104
75
101
1952
4'As series E
mtge
105%
deposit
series
103
99'/a 100%
—101
A-O
-1981
4
A
lmpt 4'As
"102
100%
1984
series D
117 'A 117'/a
N Y Central Sc Hudson
River RR—
New York
4'As
A
B
Jf-N
1986
IttlPt 5s series C_
XT
series
series
101%
deposit
Central rr
__
RR—
101
D
of
4
1960
debentures
f
s
General
1959
of
55'/a
133
A-O
3s
5
4s__IIIi953
gtd
65'A
63
1969
•
Pennsylvania
Pere
99%
104 ft
104ft 104 ft
A-O
104
98%
64
J-D
105
2
15
99%
A-O
1975
3s
101%
deposit
of
series
series
105
101'A
104'A
17
1960
1st mtge
103'A
"100
1954
of
Certificates
New York
98%
104 ft
luo'a
5
101 ft
101 ft
Pennsylvania Power Sc Light Co—
101
C_
series
5'As
105
99%
103
104'/a
Pennsylvania Glass Sand 3fts
J-D
B
Certificates
1st
A
series
Certificates
A 1st
A
series
Certificates
5s
100'A
100%
101
Jf-N
1952
tNew Orleans Texas &
Mexico Ry—
5s
89 'A
99%
95%
6
104
101'A
97
5
100% 101
1952
1900
Orleans Term
A
87 '/a
9 6'A
101
'
New Orleans &
Northeastern
Ref & Imp 4'As series A
A 1st
income debentures—1960
conv
s
gold 4'As series C
Philadelphia Co coll tr 4V«s
Bel1 Te'ePhone~3 Vksl~1988
A 1st
f gold 4fts
s
Jf-N
58 A
Junction rr gtd 1st 4s
New Jersey Power &
Light 3s
New Orleans Gieat Nor
5s A
New
1st
1954
debentures
£%
N J
3
26
94
'100
111
logi
Tel
* Tel
4'As series B
gtd
87'/a
100'/e
"lOS'A 103%
J-D
3sl__l963
Naugautuck rr 1st gold 4s
1st
87'/a
100
96'/a
debentures
a 3
•.
100 Vo
96'A
A-O
A-O
series F
Peoples Gas Light Sc Coke Co—
F-A
J-D
93'A
1987
Peoria Sc Eastern 4s
1988
Dairy Products 2%s debs.1970
22
94
1986
Gen
xr
99 ft
103%
debentures
Conv
National
98'A
103%
debentures
Gen
N
4
12
Gtd 4s series E trust ctfs
A-O
Nashville Chattanooga & St Louis—
98%
93%
94
95'A
97 ft
96'/a
98 %
Pennsylvania-Central Airlines—
.
1986
J-D
4
96'A
103% 103'/a
98%
Pennsylvania Co—
75 ft
?74
J-D
1985
debs
J-D
J-D
1982
3'As
81 ft
78 'A
6
79
' 74'A
1981
1980
R
Paterson Sc Passaic G Sc E cons 5s_1949
82 ft
61
ser
Tel 2%s
&
Paducan Sc
82%
60%
Tel
3'As
3'As
*•
26%
77%
M
2%s
82 ft
22%
'106 ft
3 'As
82%
23
38%
ref
&
Pacific
44%
78%
78%
F-A
2000
4'As series B
Mountain States Tel & Tel
2%s
«}»s debentures
J-D
1st & ref 2%s series Q
82'/a
77%
M-N
Ii955
£siex series A 3Vss
ls,t gtd
Constr M 5s
-_C°h8tr M
77%
61
m-s
series
3s
72
77%
__
F-A
1991
78'/a
78'/a
A-O
I
Moh'k Sc Malone 1st
gtd gold 4s
76
23
Jf-N
h
•
69'/a
77%
78 ft
Jf-S
M-N
1949
67
334
40
Jf-S
Il978
series
69
67 ft
77%
F-A
A
ser
"64
A-O
I
104 ft
1971
J-D
1st
84
49 ft
1978
I
D
series g
gold 5s
—
102%
series K
1st &
102'A
J-J
1952
series
AConv gold 5fts
;•
21
3s
1st & ref
62
57
101 ft
1962
A
B
Aigt Sc ref 5s series A
A General
4s
A 1st Si
ref 5s series F
1st Si ref 5s
10
57
106
103'A 103%
ref
1st
102%
102%
—
RR—
A Cum
adjust 5s series A
^Missouri Pacific RR Co—
a
—
—
106
J-D
&
1960
1st Sc ref 3s series J
100
•
1970
1st
1st Sc ref 3'As series I
106%
100
——
—
102%
105%
3
98'A
Pacific Gas & Electric Co—
81
73
J-J
_1990
Missouri-Kansas-Texas
lien
"102'/a
A-O
1st
Prior
"97
~1940
1967
1
105% 105%
Jf-S
Jf-S
Minn
F
.
73
Jf-S
1969
•
tf A Midland of N J 1st ext
5s
Minnesota Mining & Mfg 2%s
40-year 4s
73
J-J
1972
M-N
—
104'A 104'A
.
107'A
197%
146 ft
5
147
215
__
219
215
104
104 ft
Volume
THE
Number 4779
169
COMMERCIAL
&
FINANCIAL
CHRONICLE
(825)
NEW YORK BOND RECORD
FOR
RANGE
Friday
BONDS
.
'
Interest
;
Last
Period
New York Stock Exchange
or
Sale Price
-
WEEK
ENDED
FEBRUARY
18
Week'« Range
Friday
Friday's
Bonds
Bid & Asked
Low
Range Since
Sold
No.
High
Low
New York Stock Exchange
Week's Range
Last
Interest
"
BONDS
Jan. 1
or
Sale Price
Period
Friday's
Bonds
Bid & Asked
High
Low
Range Since
Sold
High
Jan. 1
No.
Low
High
U
Quaker
2%s
Oats
1964
deb.
101'/a
J-J
101'% 101%
100%
102
Union
Electric Co
1st
R
1995
1973
Kuenester
92
A-O
91%
•
—
6
102'% 103
86%
102'%
33
93%
103 '4
& Elec Corp—
4%s series D
3%s series H
mtge 3%s series I
mtge
1977
—1967
M-S
1967
■>
M-S
mtge
M-S
"
3'As
mtae
J
series
1969
M-S
..1949
Saguenay Power
St
Lawr
2d
3s
Adir
&
gold 6s
.J
*106%
—
106
9
9%
9%
U
9
M-S
J-J
*__
80
73 %
*__
109
86
mtge 4s
series
1955
J-J
100
luo
99 %
J- J
100
97%
St
Louis-Southwestern
1st
4s
2d
bond
inc
4s
Cons
1st
100
May
1989
M-N
ctfs
Nov 1989
Paul & Duluth
St
Paul
Union
1990
J-J
1st cons gold 4s_1968
1st
85
291
86'/4
56%
84
201
108% 109
90
&
Va
61%
105
15
99%
100'%
10
100%
F-A
M-S
A-O
1976
101-% 101 %
93
1st mtge 4s
Seagram
Shell
series A
A-O
series A___1955
4s
g
*93%
A-O
M-S
series B
(Jos
Union
E)
&
Oil
1996
Sons
2 '/2s
J-J
J-J
2%s
1966
102'%
65
J-D
1971
debs
A-O
t§ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
_1965
Socony-Vacuum Oil 2'/2s
1976
5
101 >%
1975
mtge 2%s series E
ref
mtge 3s series F
South
96
Nor
3s
Ala
Bell
RR
Tel
gtd 5s
Tel
&
1963
19
100
102'%
64
90
Coal &
Coke
debentures
Southern
Southern
Pacific
1st
4'/2S
Gold
Ry
23/4S
M-S
98%
1981
2%s series E
95'%
\
75%
10
64
M-N
91%
89
15
J-D
gold 5s__1949
M-S
2003
A-O
1995
89%
M-N
*103'/a
..1973
94
86
82% /:•
..1994
J-J
*94%
6s series A
1956
A-O
6'/2s series A
1956
A-O
108%
1996
J-J
106
1951
J-J
1985
A-O
M-N
Spokane Internat 1st gold 4'/2s__2013
Oil
(N J)
23/4S debs___1966
deb 2%s
96
94
1971
J-J
1973
U-N
debentures
106 "
—w
95
95
•
Ref
&
imp 2%s
Corp 3s deb
Texas
&
New
series
2019
D
1985
.1965
96
97
Orleans
101%
100% 100%
105
M
3 Vis
series B__
1970
A-O
*97
M
3%s
series C_
1990
A-O
95
5s
2000
J-D
3%s series E
1985
Gen &
Texas
ref M
Pacific-Missouri
Term
RR of
New
Third Ave Ry
A
Adj
Tol
gold
1st ref
Trenton
Gas <fc
4s
1960
Jan 1960
TH-continental
1st
Com
gold
*51
J-D
J-D
5s
1949
274s dehs
jflfii
12
stpd
gtd
3%s
3%s series I____1966
4s
guaranteed
54%
51»%
55
99%
106
1
108% 108%
106%
106%
107'%
8
107% 107 %
108'A
106%
99%
*106
J-J
92
105'%
99%
99%
108'4
109%
59
M-S
58%
58
59%
19
57'%
A-O
101
101% 101%
51
100Va
Union
&
May
100
100
1
99%
100%
M-N
101%
17
101'%
1.011/4
101%
101%
101% 101%
101% 101%
84%
85 «,4
*100% 101V2
47
100
1951
J-J
IP"7!
M-S
1973
_a
J-J
1951
2'%s
M-S
1960
Mfg
J-J
.1949
85'4
*99
..1970
M-S
*98%
..1958
A-O
..I960
J-J
1949
J-J
1936
M"-N
1st
mortgage 3s
S
1st
B
Central
§ A 1st general
4s
58
A
4s
101%
100
101ii
99
97
99%
99%
99%
~6
96%
"'2
102%
104
112'/8
112'%
99%
*113
74% *:
73%
51
42
44%
98
72'%
43 %
II'
77
'42
r
49'%
46%
46%
1976
.1971
J-J
2%s
1976
II
J-D
3%s
J-J
Service
75%
J-J
:
Certificates of deposit..
Electric Power 2%s_!
Public
100
__
Ry—
A Certificates
of deposit..
§ A Su & Du div & term 1st 4s
101%
99%
102 % 102%
J-J
'■
86%
101%
99%
__
*94%
101%
84
101%
99%
*101 &
J-D
_1967
52
100% 100%
100%
M-N
1992
{Wisconsin
62
101 %
4%s____1950
estate
debentures
Co
63'%
Telegraph Co—
real
96%
*94%
*104%
;
__
95%
97%
104%
—
104%
101'%
99%
10
105
Iv
98%
106
95
98
120'% 120'%
J-J
99
99-
a
3
99'%
97'4
118%
19
Elec
Lt
&
Power
*93%
J-D
101% 101%
J-J
65%
65
A-O
39
38%
120'%
Deferred
included
101%
99
J-D
*100
33
41%
186
*101%
M-S
100%
11
65 %
in
delivery
the
sale
Included
not
the
In
year's
year's range
n Under-the-rule sale
year's range, y Ex-coupon.
not
Included
the
{Companies reported as being in bankruptcy, receivership,
Bankruptcy Act, or securities assumed by such companies.
101'%
65
45 34
101'%
M-S
100
101'%
io
99%
A Bonds
100%
in
the
the
impaired
by
selling
flat.
e
year's
Odd-lot
range,
r
94
sale
not
Cash
sale
maturity.
♦Friday's bid and asked prices;
__
100'%
in
^Negotiability
71'%
38%
-'j.1.
—J- '
•
94
d Ex-Interest,
range,
included
''
■
95
99
92
1
.
not
ref & impt 3%s__1960
Elec
1950
105% 105%
F-A
1967
5s
1st
Winston-Salem
,
Pacific—
Orleans 3%s__1974
income 5s
& Ohio Cent
A..1970
105%
76%
89'%
2361
Yonkers
ref
1st
ser
Wisconsin
2
105% :p
RR-1-
ref
Pacific
F-A
83
*115'4
A-O
M-N
1st &
&
91
42
98
1st &
Texas
*89%
Wilson &
97
97%
*101'4 101%
J-J
%
;
60 %
Wisconsin
Texas
100'4
Wheeling Steel 3%s series C
1st mtge 3%s series 'D^^,
If I
Terminal RR Assn of St Louis—
Ref & imp M 4s series C
98%
51%
94%
'
17
Gen & ref M 2%s series A
103'%
97%
97%
100'/4
A-O
2.65s conv debentures
51%
"31
95%
*97
97%
100
1970
Wheeling & Lake Erie-RR 4s_.
102'%
•
'"V-f.-ii-OV-.'
99 %
100
81
8
59
2%s
104
103'%
'
97%
gold 3%s..2000
...
106
56%
Ltg
25-year gold 5s
30-year 5s
Westinghouse El &
102% ,104
? 97'4
96
8'3
75V'a
17
59
110
1
4
99 %
M-S
107
108
*52
J-J
2%s
105
97
(subordinated)
mtge
Funding
98
15
_:_I"
82
75%
99
M-N
1st ref gtd
Shore
Western
116'%
18
*102% 103'%
F-A
1966
1972
debs
95%
105%
■
82
75%
99
Western Maryland 1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014
95'%
Hl'%
106
RR
82
2361
84'4
108'4 108'%
106
98
99
103%
75 Va
debentures 3%s_lS76
Registered
87'%
40
*102% 104
Apr
Sunray Oil Corp 27/8S debs
2%s
94
96
103'/a
Apr
92%
80
33
97
105
M-N
Swift
95%
West
101
84
*103%
debentures
Co
9514
89
95
96%
1983
23/4s debs
2
18
—
Co—
debs
Gen
76%
91%
1.
115% 116
gen
Memphis Div 1st gold 5s
1st gold 4s
98%
*103%
U-N
West Penn Power
86%
82'%
St Louis Div
94
98%
Apr
Apr
_1971
Washington Terminal 2%s
101%
100
J-J
116
109%
__
94
A-O
G & W 2%s debs. 1966
conv
Westchester
97 '4
74%
71
J-J
A-O
103'4
107%
3
100'4
102%
103%
96
100'4
65
J-J
1956
106
98 %
*99.16 101
J-J
1958
Baking
5%s
102%
97
*100
gen
&
Ward
__
94'%
3
93%
89
&
Standard
—
100'%
;
100'4 101'%
Devel
Calif
—
■
97'4
&
Standard Oil of
—
96
<Si
3'/cS
—
103'4
1961
5s
13
108% 109
1st gtd 5s
(Hiram)
Walworth Co
101 %
95
95%
Devel
A
100
1986
4s series A
99%
*_-_
mtge 3%s series B
Walker
14
v.
Devel
Bell Tel
1st
97'4
43
47
1996
1st mtge 2%s series F
1st mtge 2 '4s series'G
Southern Ry 1st cons gold
Southwestern
96
96
96'%
75
100%
M-N
1st mtg 3%s ser A.1975
Pacific RR Co—
106
98%
M-S
Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4%s series B—Jan 1991
\
1969
gen
95%
25
97'4
M-S
77%
Wabash RR Co—
69%
-
100%
95%
'•■102'%
90
J-J
1977
San Fr Term
1st mtge
9
18
*118
J-J
1994
A
41/2S
Southern
96
96%
33%
100
94
W
Co—
(Oregon Lines)
4'/2s
Gold
.
96
F -A
1987
Indiana
':
J-J
1985
.
93 Va
105
A-O
5s
cpns
Warren
1979
debentures
2%s
J-J
100%
75%
*106
..1963
1st
1st lien & ref M 3%s ser C
Co—
debentures
2%s
F-A'*
93%
99'%
101%
35
65'4
96
A-O
&
64'4
103
92
77%
___1978
debentures
conv
Iron
1st
103%
100%
101% 102%
.
102%
96
77%
M-N
129
*33
J-D
Southern
20
93%
*95%
77%
F-A
1957
Virginian Ry 3s series B
85%
*100% 102
*127
Jan 2016
mtge 4'/2s series A
93
J-D
U-N
100%
*96% 100%
Seaboard Air Line RR Co—
A Gen
92%
M-N
1967
..1959
3%s debs
cons
4s
Va & Southwest
109%
3
101% 101%
1971
gtd 4s
100 % 100%
1966
ref
&
3>%s
88 %
55%
8
SO
1989
Dept 3Vis B
Scioto V & N E
:
55%
108 V\
J-J
gold 5s series A
St
56
V
RR
f
s
'
Ry—
certificates
bond
Gen & ref
Jan 2022
85 '/2
104%
J-D
109
100
Virginia Electric & Power Co—
1st
A
A2nd mtge ino 4%s ser A
103%
1991
C
2%s debs
Pictures
Vandalia
86
99'/2 100
St Louis-San Francisco Ry Co—
1st
4
103%
1976
series
debentures
Universal
76
A-O
100
103% 103%
10'%
1971
stamped
Rubber
2%s
10
9%
1996
.
S
106%
10
18
10
9%
19y6
A
gold 5s
_
St L Rocky Mt & P 5s
•
J-J
1970
United Biscuit 2%s debs
J'—
*106'/a
•
J-J
100%
108'4
1
1997
series
1st
•
J-J
..1941
2
RR—
2%s
mtge
10
102% 102%
1967.
debentures
Ref
'
~
-n
Pacific
1
100% 100%
M-N
1971
deb
3s
108% 108%
A-O
1968
Calif
of
M-N
1975
debentures
s
2%s
125
*107%
——
%
Oil
Union
Gas
Gen
Gen
Gen
2
92
3%s
2%s
trust
debentures
Union
M-N
of Mo
& coll
mtge
3s
"
no
'v
reorganized
or
sales being transacted during
/.■■■,.■
current
under
Section
77
of
week.
::v"':
/
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
in
footnote
a
in
and
the
AND
YEARLY
RECORD
deferred
week
in
delivery sales are disregarded In the week's range unless they are the only transactions of the week, and when
selling outside the regular weekly
which they occur.
No account is taken of such sales In computing the range for the year.
range
are
shown
-
/
In the
following extensive list we furnish a complete record of the transactions 011 New York Curb
Exchange for the week beginning on Saturday, Feb. 12
and ending the current
Friday, Feb. 18.
It is combined from the reports of the Curb Exchange itself, and is intended to include
every security, whether
stock or bond, in which
any dealings have occurred during the current year.
J
RANGE
WEEK
FOR
ENDED
FEBRUARY
18
NHBH
Friday
STOCKS—
New York Curb
Motors
Acme
Aluminum
Acme
Wire
Adam
Hat
Co
Alloys
Ainsworth
Air
Air
Mfg
Associates
Investors
Convertible
Air-Way
1
4.20% .pfd
Jan
4%
Jan
Aluminum
$3.75
Co
of
cumulative
Aluminum
Goods
Jan
Aluminum
Industries
Jan
7'%
Jan
Aluminum
Ltd
Feb
9%
5%
5%
100
5%
Jan
6%
Jan
American
3
3
300
5%
5%
300
1
paee
33.
1
Jan
1%
3
*'
Jan
3
95%
951/4
Car. Co
Jan
American
Jan
35'4
Jan
American
5%
Feb
f>'%
Jan
American
87
Feb
92'%
Jan
American Fork
&
Hoe
Jan
94
Feb
American
&
Electric
4
Feb
Class
87
87
50
~4
4%
800
3%
2%
Jan
?%
2%
700
2'%
Feb
16%
16%
50
16'4
Jan
5'%
Jan
4%
3%
3
17%
6
Jan
Jan
S2
$2.50
Jan
Cities
Power
General
convertible
&
com
Hard
'
r.
1
VA
preferred
Rubber
•-
U'—
47'%
"I '
'
Co.
Jan
Jan
Jan
51'/4
95%
Feb
Feb
26%
Jan
5%
1,700
1 '4
3,200
Feb
6%
Jan
47%
"
47%
1
-
1
Feb
51%
Jan
1
Feb
1%
Jan
'
•
•„
/
.
1'%
63
.
Jan
1 %
Feb
66
Jan
Jan
..
*
10
6%
6%
1
17%
40'4
700
18
39'%
2'4
28%
13%
2%
28
.
13%
Jan
6%
Feb
17'%
Jan
18%
Feb
7,200
37%
Jan
42 3'a
Feb
Jan
111%
Jan
25
111
400
28%
*
6'%
400
~"
111% 111%
1
25
6%
17%
40
Corp common____10c
preferred
9'%
Jan
93%
350
Light—
common
High
Jan
'
.100
convertible
American
A
l
Gas
95%
■
__
47'%
100
preferred
American
Jan
class
common
Co
B
4%%
Jan
Book
4,000
24%
*
3514
Beverage
Low
8
48
--
48'% x50
*
common
common
Bantam
.
49%
*
91
—
Range Since January I
High
*
Jan
5
i
,
Mfg..
7%
1 %
Shares
■
100
common
preferred
8'4
'
Loxo
_•
America
200
1
Investing Corp...
.Mich)
common
see
32%
of Prices
Par
900
I
Altes Brewing Co
For footnotes
Jan
Jan
Sales
for Week
Range
Sale Price
common
1%
50
common
Products
Feb
3%
Bros
8%
100
Inc
Internat
Allied
Last
Exchange
•
Altofer
1%
3
Southern."
Allied
4'4
Feb
Jan
8%
—
Great
Fisher
High
1'%
2
Power
&
27'4
10
__
Appliance
Alabama
Alles
2%
900
Jan
1
J)
Alabama
Airlines
2%
•
common
Alaska
2%
1
5
Stores
preferred
Electric
Loxo
300
•
1
.
(N
2%
1%
Week's
Friday
STOCKS—
New York Curb
Range Since January 1
High
1
common
Inc
Shares
10
Inc
Supply Mfg
Agnew Surpass Shoe
Sales
for Week
,
1
common
Aero
of Prices
Low
warrants
Stores
Range
Sale Price
Par
ACF-Brill
Week's
Last
Exchange
2'%
75
,
13%
^
100
Jan
27'%
•
•
Jan
13
Jan
2%
Feb
32 '4
Jan
30
s
Jan
34
Jan 4
13%:
Jan
/
29
30
THE COMMERCIAL
(826)
NEW
YORK
RANGE
Friday
New York Curb Exchange
Range
Low
Par
American
20
25
Laundry Mach
American Light ft Trac common
6%
25
25
preferred
American Mfg Co common
Maracaibo
American
American Metal Products common
American
American Potash
Class
*
*
*
Chem class A
&
B
American
American
Seal-Kap
—10
2
10c
*
0
0
Republics
Amer
$6
common
Superpower Corp common
preferred
series
American
Threaa
;
preferred
&%
American Writing Paper common
Low
High
50
New York Curb
Jan
25 %
Feb
Feb
Feb
10%
Jan
34
Feb
41
Jan
450
23 Ve
Jan
27
Feb
Cessna Aircraft Co
15%
Feb
3%
Feb
5%
Jan
8%
300
800
22%
Jan
27
4,600
21%
Feb
25%
Jan
Chamberlln Co of America
3/»
1,400
2%
Jan
3%
Feb
Charls Corp
8,500
%
Feb
%
Jan
Jan
47/8
5%
Cherry-Burrell
common—
Chesebrough Mfg common
Chicago Rivet & Mach
Chicago ft Southern Air Lines
Voting trust ctfs
5
5
27
Jan
62 Vz
200
4%
Jan
4"%
Jan
1,000
5Va
Feb
5%
Jan
....
—
—
58
Jan
Chief Consolidated
7%
Jan
Cities Service common
17%
Feb
City Auto Stamping.
City & Suburban Homes;
Feb
700
6%
Feb
8%
Jan
Clark
110
106 V*
Feb
108'%
Jan
Clarostat
600
3
Feb
3%
Jan
Claude Neon Inc common
6%
400
2%
6%
106% 107
3
3Va
5%
7
Jan
5%
Jan
7%
Jan
Cllnchfleld Coal Corn common
10% 10%
113% 113%
7%
7%
10%
Jan
10%
Feb
40
113%
Jan
113%
Jan
Club Aluminum Products. Co—
Oockshutt Plow Co common
7
Feb
•8%
Jan
Colon Development ordinary.;
Jan
16%
100
17%
2,600
16%
Jan
Feb
19%
19
4%
•
common
preferred
Ayrshire Collieries Corp com
2%
200
45
4%
25
4%
3,300
18%
18
0
325
19
2%
45
2,400
20
1
..
I
2%
4%
7%
Feb
Jan
%
Jan
Colt's Manufacturing Co.
22 y2
Jan
Commodore
Feb
3y4
Jan
Feb
19
45
51%
Community Public Service
Compo Shoe Machinery—
Feb
4%
21%
Jan
Jan
Jan
6
Feb
18
5
Jan
7%
900
7
Feb
8y2
Jan
9 %
700
9
Feb
10%
Jan
23
Jan
25
Feb
,
14%
14%
_—
100
14%
14 Ve
15 Vz
Jan
Jan
B
Babcock ft Wilcox Co___
•
Baldwin Locomotive—
1% preferred
90
.
Baldwin Rubber Co common
Banco de los Andes—
American shares
1
Jan
8%
Jan
"5%
5,200
~5%
11
5Vz
10%
Feb
9%
Jan
com. •
1
!!_•
ZZ*
"ino
pfd
m
J
Power.!!:*
i
J
400
8%
8%
—
—
—
__
6%
7%
1%
Jan
Jan
8Ve
Jan
9
Jan
27
Jan
Jan
36
Feb
Feb
14%
Jan
6%
Feb
150
9%
Feb
3
2,500
2%
7%
Feb
6%
200
Jan
Jan
11
3%
Jan
—
—
—
220
__
—
4%
Jan
33
Jan
Jan
74
Feu
Jan
21%
Jan
6
Feb
6%
__
15%
—
7
Jan
63
17
71
Feb
24
69
"•
4%
16
200
4%
15 Va
600
4%
Jan
16%
Jan
22%
200
13
Feb
13%
Jan
14
150
13%
Feb
15
Jan
-v
•
20
.20
—
100
1%
19%
10%
1,400
2
11%
Jan
Feb
11%
Feb
1,000
1%
22 Va
—
Vtc ext to
common_____~_"l~_~~~2
50
'
B
Jan
2%
Jan
9%
600
9%
Jan
10%
Jan
1,100
4%
Feb
5%
Jan
8 Vb
Jan
9%
Jan
20 Ve
Jan
—
__
4%
18%
Feb
'
4%
100
4%
Jan
11
11%
1,000
11
Jan
11%
Jan
19%
20
1,400
19 %
Feb
22%
Jan
10%
19%
10%
100
10 Va
Feb
12%
Feb
%
Jan
4 Va
Jan
Yif
12 %o
%
%
4,300
Va
Jan
1%
1%
1%
1,900
lVa
Jan
11 Ve
200
4%%
series B. preferred—
4 % preferred aeries O
Consolidated Gas Utilities.
.
11
—
Callite Tungsten
Corp
Camden Fire Insurance
Canada Bread Co Ltd
Canada Cement Co Ltd
Ltd
Feb
11
4%
7%
300
4%
3,600
2
Jan
11
%
Feb
common
....
—
Continental Fdy, ft Machine Co—
Cook Paint ft yarnisb Co!
Cooper Distributing Co
Copper Range Co,
rCornucopia Gold Mines
,
Inc.—
7
Jan
8
jail
Feb
5%
Jan
Feb
7%
Feb
6%
Jan
7%
Jan
13,900
%
Feb
2%
50
20%
Jan
20%
21
800
20 Va
Feb
22
1,000
9
100
8%
Feb
10%
Jan
8%
8%
500
8%
Feb
9%
Jan
1%
1%
1%
50
8%
3
2.5
1,500
18
8 Va
__
3
2%
ord
3
Feb
Feb
Feb
$1
page 33.
Jan
1 %
800
1
Feb
1%
Jan
42%
15,900
^38%
Feb
46%
12%
200
>12%
Jan
13,
Jan
10
600
lOVa
Jan
10%
Jan
16
100
15%
Jan
16%
Jan
.
V
%
1
Jail
Jan
3%
3 y4
1,200
2%
Jan
3%
Jan
1%
1%
3,600
1%
Feb
2
Jan
7
7 V4
200
7
Feb
8
Feb
26
26%
26
Feb
'32
Jan
26%
5%
2,000
'
—
"3%
4
3%
3Vz
37%
39
39
4 %
100
50
•
7%
4%
Jan
Feb
4%
Jan
Jan
40%
Feb
Feb
7%
Jan
7%
1,100
7%
Feb
2,600
58%
Jan
113
U3y2
J
1 n
62% Feb
310
109
Jan
113%
260
100 V* 102
100
Jan
103%
Jan
10%
Feb
17
Jan
17%
Jan
89%
Feb
103%
Jan
Jan
10 V*
10%
17 Vz
17 Vz
300
90
93 Vz
9%
1,600
1,950
3
Jan
4 Vz
62%
91%
Jan
30%
61
—
Jan
Jan
113
101
xlo%
,
12
Jan
Feb
62 V*
i—
4
300
3
Jan
3
3'/4
Jan
1%
Feb
Jan
12%
13%
500
1%
12
Feb
13%
Jan
27%
28
300
27%
Feb
28 Va
Jan
2%
28
Jan
2%
Jan
11
Jan
14
Jan
Jan
i«r
300
%
Feb
1*6
Jan
•:.7%,--,8%
1,200
7%
Feb
8%
Jan
..-•4%' ;.5.;t
14% 15
2,100
4%
Jan
200
14 Va
Jan
7.:4%%'-5%V
1,600
4%
Feb
/ ;:- 3V/i: 37%'
75
37%
Feb
3%
Jan
33%
6,600
30%
Feb
ii
,-16
15
5
v.
50
convertible preferred—
Jan
b%
28%
1
1
•
1
6%
4
1,200
4Vt
35
6,800
Jan
Feb
3Ve
600
Feb
4
—
1,200
Jan
b%
4%
r
1,400
5%'
4
■
5'/2
iy»;
5
;4%
.
0%
11%
100
5% •/. 5%
•
80
Reynolds common.—.
preferred class A
—
,f
•
Jan
5
15%
Feb
6
Jan
42
Jan
•
Courtaulds Ltd—
American dep receipts
(ord reg) _£1
Creole Petroleum
5
Croft Brewing
1
•
Co
Crosley Motors Inc
Crowley Milner ft Co
Crown Cent Petrol (Md)
Crown Cork Internat'l "A" partic
Cuban Tobacco
;
—
:v
%
3i
33 3/8
,
i
1
Jan
1
Feb
6%
Feb
7%
Jan
12V*
.; 200
2%
2%
2%
:v
400
—V
2%
Jan
1%
Jan
3,600 ;
Jan
17
-
:
16%
100
34
Jan
Feb
17%
Feb
102%
0
Jan
Jan
103
6 y8
6 Ve
50
5%
Jan
5 Va
Feb
13%
6%
*
2.00
0
Jan
Jan
Jan
30
'
—10
common.
Jan
1%
____
:
Curtis Lighting Inc common
Curtis Mfg Co (Mo)
6%
13V4
Feb
2%
i
—
17
Jan
Feb
Feb
5%
'
1,600
12 V\
16%
6
5%
12%
'-/■'—j.
:
Jan
%
200
~5%' "5'/a
5%
Vb
2,400
;•
12 %
.0
•
3% Feb
41
6%
%
6%
—
,
20e
Crown Drug Co common—
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5 % preferred
Davenport Hosiery
13%
100
13%
Feb
14Vz
2.00
Mills
Jan
33%
30
■
-
__
6%
Jan
6
Jan
Jan
■
5%
2%
700
90
32
30
67e
400
Derby Oil Co common
10
12 Hi
12%
8
Detroit Gasket ft Manufacturing
500;
1
Detroit Gray Iron Foundry
Detroit Steel Products..—
;
6
Jan
3
Jan
00 £
Jan
32
Feb
Feb
8
Jan
•r':
"2%
....-1
"2%
—
600
2%
Jan
Jan
/•.
11%
132
Jan
Jan
11 %
Feb
15%
Jan
7%
Jan
9%
Jan
2%
Feb
2%
Jan
20
Feb
23 Ve
Jan
11%
Feb
12
Jan
3,300
20%
20
10
:
10
132
10
100
—
X
.
100
10 Ve
6Ta
50c
0
Dejay Stores common
Dennison Mfg class A common
'
_
2%
Feb
6 Ve
•
2%
10c
SO
Jan
25A
'
1
Ino common
Jan
'
•
Davidson-Brothers
Day Mines Inc
Dayton Rubber Co class A.
6 Vz
Jan
7%
Jan
200
13%
Feb
6%
700
'
Devoe ft Raynolds class B.
Diana stores Corp common—
Z~".-
*
B0o
"7
6%
■
7
Distillers Co Ltd—
Amer
£1
dep rets ord reg
Dobeckmun Co
common
—
Domestic Credit
13%
13%
13%
1
9%
9%
9%
200
1
2%
2%
2%
1,200
Dominion Steel ft Coal class B
20
Dominion Tar ft Chem Co Ltd.—.
2%
Feb
29%
Jan
Feb
14%
Jan
13%
Jan
13%
14%
9%
Jan
63%
75
60 Vz
Jan
64%
Feb
30
30 Vz
250
30
Feb
32 Vz
Jan
74
75
75
74
Feb
75%
Feb
.6% Jan
•
10
Power
75
Co
7%
Feb
Jan
2%
Jan
Jqn
10
Dunlop Rubber Co Ltd—
,£1
Duraloy (The) Co
Durham Hosiery class B commonDuro Test Corp common
Duval Texas Sulphur
2
_.l
•
700
2
1%
10%
100
11%
Jan
5%
Jan
11%
10%
Feb
4%
10%
.1
Jan
Jan
8%
Jan
10
Feb
12 Vz
Jan
Jan
_
Corn shares of beneficial tat
$5 pfd shares of beneficial tat—
Easy Washing Machine class B__.
77
Feb
Feb
74
Jan
..20
Feb
2%
Jan
300
62%
62%
50
59%
Feb
63
Jan
53
52
53
75
50
Jan
54 Vz
Jan
12%
12%
2%
-1
2
100
12
7%
Feb
Electric Bond
Feb
Feb
3
Feb
Electrlo Power ft Light 87 2d pfd A—*.
Option warrants
Electrographlc Corp common
1
Jan
13 V4
Jan
Va
61
-1
2
12%
Feb
12%
ft Share common
Feb
Electromaster Inc
5
Feb
Empire District Electric 5% pfd
Empire Mlllwork Corp
Feb
4%
Jan
Emsoo Derrick
100
33 Va
Feb
100
2
2 %
62%
64%
Jan
Feb
10
Jan
12%
Jan
Jan
Jan
Feb
79%
Jan
70 V*
3%
3%
78
Jan
72
250
41%
4,800
1,500
4 Va
175
72
111%
100
4%
Feb
75%
70 %
Associates-
400
34
3%
74
70 Y*
$7 preferred series A
$6 preferred series B_
5
4%
500
;4
75% ,V
.100
Eastern States Corp
Sugar
3%
.101
4%
33%
4
ft Fuel Assn common—
Jan
5
—
4%
10%
62%
14%
*
Corp
Jan
•
—
14 V4
*
Dominion Textile Co Ltd common
800
Feb
Jan
'2V4Jan
26%. Jan
Corp class A
Dominion Bridge Co Ltd-—..
5
100
see
8%
295/8
110%
3
Feb
1%
21
—
—
4
Feb
36
4%
Jan
Jan
Central Maine Power Co—
For footnotes
Jan
10%
*
3%
_
Catalln Corp of America
preferred
6
.4%
40 Va
25
__
6
8Va
1,000
110% 110%
2%
1%
18
200
,
3.50%
100
Jan
1%
common
2s
Feb
8%
Feb
20%
18
dep rets B ord
Jilll
17%
Jan
12%
,
1
Cosden Petroleum common
Eastern
8%
Carr-Consolidated Biscuit Co
t,4V2
Feb
Jan
21
%
100
Carolina Power ft Light $5 pfd
Amer
7
4%
9
Carman ft Co
Jreo
Va
15%
•
—
Eastern Malleable Iron.
:
Jan
16
-
1
4% % prior preferred
6% preferred
Marconi
Jan
Jan
13%
3%
Liquidating Corp
—-•
Consolidated Mining ft Smelt Ltd
0
Consolidated Royalty Oil
10
East Gas
8%
Carter (J W) Co common
Casco Products common
Castle (AM) & Co
Jan
20%
Is
Capital City Products common
Carey Baxter ft Kennedy Inc
A
4'A
_
•
7%
10 Va
Feb
..;.41%
:;
Consol
Duke
Feb
7%
"ZZZ
Class B non-voting
Carreras Ltd—
Amer dep rets
3%
100
4.7e
~%
—
Canadian Industrial AlcoholClass A voting
Carnation Co
3%
7%
6%
ZZ
6% % preference
Canadian Canners Ltd common.
Convertible
preferred
Canadian
3%
—
II
Canadian Industries Ltd—
7%
preferred
IVz
Feb
Jan
38%
__
1
Amer deD rets ord reg.
Calif Cotton Mills Co
L."™"
California Electric PowerH::"
Jan
6
C
3%
American dep rets 5 %
pfd
Calamba Sugar Estate
Calgary ft Edmonton Corp
100
1
l
...100
.100
Driver Harris Co
.00
4
80
175
7 Vz
28%
Draper
2g0
Cable Electric Products
common
Cables ft wireless—
Feb
■
1
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (PH) common
Jan
•
—
2*60
22%
4%
__
•
Bunker Hill ft Sullivan
Burd Piston Ring Co
Jan
2%
•
Buckeye Pipe Line
Jan
2
Feb
9%
1
Jan
Jan
7%
320
16%
7 Vz
1
1908—.———
8 % debenture..;
4%
9%
—
~
Jan
Jan
—
1
IH
21
10%
t
Distillers::"
Jan
11%
—
lOVz
in.
Power class A
6%
9%
.12
Feb
13%
14
—
Feb
Feb
Feb
Feb
Feb
13%
—
gi
Jan
Jan
6%
Jan
6
22
—
—
Feb
Jan
7
•
rets ord reg
Bruck Mills Ltd class
Jan
26 V*
35%
1,400
—
69
^
_
Junior pfd
Jan
34%
10
6Va
Jan
Jan
9%
6 V8
10
Feb
2%
3
5%
13%
—
__
—
Jan
Feb
11
IVz
500
—
—
.
HH!
Co"""53!!
33%
6%
Jan
33 Va
—
Va
Jan
16%
Feb
5Vs
200
3
Brown Rubber Co
common
Bruce (E L) Co
Jan
6
Feb
50
100
9%
j
Mach" Co
Jan
Jan
60
-1
,—
Corroon ft
lVa
600
6%
11
9%
ZZ
•
IIIIIIZ*
British Celanese Ltd—
cum
"6%
—
Brown Forman
36%
Feb
15
33
British American
Tobacco—
Amer dep rets ord
bearer
Amer dep rets ord reg
4%
"5Va
1
Bridgeport Gas Light Co.
Bridgeport Oil Co
~~~
Brlllo Mfg Co common
————
Amer dep
Feb
7
Hi
Borne, Scrymser Co
Bourjols inc
IV ®olu:mbia
Glass B
34
5%
_
Blue Ridge Corp. common
Blum en thai
(S) ft Co common
Bohack (HC) Co
common.
oil
150
200
7%
5%
common
British-American
55
1
™
Convertible preferred
ft
Feb
1
Bell Tel of Canada
common
Benrus Watch Co Inc
Benson ft Hedges common
_
"5%
1
Beck (A S) Shoe
Corp
Bellanca Aircraft common
SroSlia« Tractlon Light
Breeze Corp common
47%
2,000
0
common
Class A
35
7%
T
Feb
62
10 Va
20
Hotel Ino
Consol GEL P Bait common..—
Coro
Barium Steel Corp.
Barlow ft Seellg Mfg—
$1.20 convertible A common
Basic Refractories Inc
Baumann (L) & Co common
cum
50
34
34
Feb
3%
100
7%
.20
Continental Car-Na-Var Corp
47%
t
Jan
744
7%
.100
12%
16
3'%
Jan
7
•
.
58%
60
—
Colorado Fuel ft. Iron warrants—
9
7
.
Feb
Va
1
Avery (B F) ft Sons
1,100
Feb
5%
■
V'-
1
1
Airlines
Jan
7
18'A
3Vz
12%
—
Colonial
—1
3%
75
7%
20
•
•
45
i 100 '
4
Mfg
600
Automatic Steel Products Inc
Automatic Voting Machine
prior
1
2,800
•
Corp warrants
Plywood Corp.
5%%
—
13,800
00
6
7%
3 Vz
1
.
67/a
•
Associated Tel ft Tel class A
Blrdsboro Steel Fdry &
Blauner's common
Co
6%
£1
Atlantic Coast Fisheries
Atlantic Coast Line Co—
Bickford's Inc
Mfg
Colonial Sand ft Stone Co
American dep rets reg
Assaricted Laundries of America
6
7%
1
Controller Co—
6%
16%
15
87%
Jan
3
6%
1
-55
6
12%
6%
7%
450
7%
10
6%
10%
5 Va
5%
—-3
Clayton ft Lambert
10
*
2.00
preferred
55
40%
•
Arkansas Power ft Light $7 pfd
250
.
__
10
...
•
Aro Equipment Corp
—
Ashland Oil ft Refining Co
Associated Electric Industries—
:
6%
59
10
0
—10
—4
*
•
1
Mining
2%
2%
6%
—
100
5%
Jan
3%
High
Feb
-V 85%' Jan
2.50
common
7%
—
107
v-12%
> /
—
Feb
22%
Low
;
—
1
common
Range Since January i
High
V
200
Jan
5,300
15/e
3/8
8 /a
34 A
26/2
14%
Shares
*
Light 4%
4%
5V»
3%
U
Low
5Central States Elec 6%
100
for Week
of Prices
Par
pfd—100
preferred—100
7% preferred
100
Conv ptd opt div ser
100 \
Conv pfd opt dlv ser 1929
100
Century Electric Co common
10
22%
Central Power ft
21 %
2%
!«
27
—
V.;
Sales
Range
>■
Sale Price
;
Central Ohio Steel Products..
15%
Common class A non-voting
Beau-Brummel Ties
'
High
Jan
17%
Last
Exchange
Feb
100
1
Ino
6%
22%
52,200
24'/a
22 Ve
Week's
Friday
STOCKS—
.
Range Since January 1
Feb
Arkansas Natural Gas common
Atlas
—
Shares
£1
1
1
Angostura-Wupperman
Apex-Elec Manufacturing Co
Appalachian Elec Pwr 4Va% pfd
Atlas
34
26
26 &
—
18
1
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
6%
3%
8%
21,,1940
EXCHANGE
FEBRUARY
5
2
Anchor Post Products
Argus
15%
3%
8/8
—
:
--
—
__
2
Co
Meter
21%
1
Co
24%
19Ve
—
CURB
WEEK ENDED
FOR
for Week
of Prices
Sale Price
•
FINANCIAL CHRONICLE
Sales
Week's
Cast
STOCKS—
&
76%
Jan
79%
Feb
ft
Equipment
Equity Corp common
$8 convertible preferred.,
Esquire Inc
Eureka Corp Ltd.—.
Eureka Pine Line common
11%
B
1
100
l
1
1
10
18,900
12
10%
Feb
Jan
145
290
140
Feb
6 V*
7
1,100
6
Jan
7V4
10%
7
3%
100
11
1,000
9%
Jan
11%
Jan
3%
4
4,800
3%
Feb
4%
Jan
97
Feb
100%
Feb
6
Jan
6%
Jan
11
Feb
12%
Jan
100
6
1
0
10c
10%
145
-
11%
1%
35
•
100
6V4
10
800-
11%
700
1V4
1%
6,700
341/4
35%
175
11%
150
Jan
"iV "_i/2
14
16
Feb
1%
Jan
Jan
,35%
Feb
4%
Jan
4%
Jan
%
Jan
,B0
Jan
l'/4
32
2,300
150
14
Feb
18
Feb
COMMERCIAL
THE
Number 4779
169
Volume
YORK
NEW
V'
STOCKS—
Last
New York Curb Exchange
Sale Price
Pur
Range
V
FOR
CURB
WEEK
ENDED
CHRONICLE
(827)
EXCHANGE
FEBRUARY
18
Week's
Friday
Range Since January I
Low
High
Last
•
STOCKS—
Shares
of Prices
Low
RANGE
FINANCIAL
Sales
for Week
Week's
Friday
&
Low
Par
High
Sales
for Week
Range
of Prices
Sale Price
New York Curb Exchange
Shares
Range Since January 1
Low
High
Y-Z
High
1
■
1
;
1
Instrument—
Falrchlld
Camera St
jp'ttircnud
Engine ft Airplane
Meianurgicai
Fansteei
dlv
$2
64%
2ft
2%
Jeannette Glass Co common—,
Feb
As/o
Jan
Jefferson Lake Sulphur Co
10%
Jan
Jim Brown Stores
1
40
59ft
Jan
65 ft
Jan
2 ft
500
2%
Jan
2%
Jan
'
30
Co—
Jan
33
15
&
ft
Kokengs
ord reg_
dep rets
•
Class
A
14 ft
Feb
500
4%
Jan
19 ft
Class
B
18 ft
18 ft
non-voting
300
ft
Feb
voting
Ford
of
Motor
\i
1,500
%
9%
300
9%
Fuller
7%
Feb
8
*
Jan
8%
Jan
Jan
25 ft
Jan
100
100
24%
50
7%
300
7ft
.8ft
Feb
24%
Jan
Jan
'
B
Co
(Geo A)
Jan
10
24 Va
8ft
8ft "8ft
1
—50
preferred
conv
Feb
23
Jan
8
.1.28
Franklin Simon ft Co Inc common
4ft %
Feb
Jan
21
Jan
9ft
1
nievviflg
vreler;
c
%
Co
Brewing
Pitt
Fort
5%
Feb
x21
France—
dep rets bearer
Amer
18
„
7%
7%
—
.
Jan
9
Kansas Gas & Electric 7%
Kswncr
Alloys
1%
Kldde
preferred
Amer
dep rets ord reg
St Co
(DEmll)
Rubber
14%
Feb
Feb,
Krueger
1%
500
13/,
Jan
1%
100
3%
Jan
3%
Jan
23 ft
Jan
8ft
Jan
1,000
5%
Jan
6ft
Jan
50
7%
Jan
8ft
Feb
400
33 ft
Feb
35%
Jan
Jan
102 ft
Feb
Jan
5%
Feb
Feb
4
Jan
Jan
96
Feb
~3%
5 "ft
V-
Gilbert
Glen
4%
4%
Inc
Jan
115ft
Feb
106ft
4%
113%
150
115% 115%
115%
Feb
106 Va
Feb
Feb
18 ¥4
Jan
Jan
9ft
—
~"
—
Jan
Jan
1,700
17
10 ft
Jan
700
22ft
Jan
27
Jan
18%
19%
4,700
18 ¥4
Feb
21 ¥4
Jan
10 ft
10 ft
500
10 ft
Feb
11%
Jan
13
13%
100
25
24 ft
18%
13%
5
%,
;
>
14 ft
Jan
13%
2ft
Jan
Goodman
Mfg
Gorham
Jan
Inc
Gorham
Mfg
1%
Jan
25
41ft
Jan
43
Jan
22 ft
50
22 ft
Feb
24 ft
Jan
2
74 ft
"ft
ft
U
52 V2
Jan
53 ft
Jan
*
4ft
Feb
5¥a
Jan
52 ft
Feb
62 ft
lift
Non-voting common
7ft
1st preferred
Stores
100
ft
8ft
7ft
7%
Jan
8
7
1,700
8
Feb
5%
500.
6%
Feb
stock
•
105
105
104
8%
37ft
25
*
50
xl36ft
36%
Jan
8
$4.40
pfd
Brewing
Jan
•
Jan
13ft
10
102% 102%
100
Feb
Feb
■
v
Feb
Jan
8ft
Feb
105
13ft
Jan
Feb
Lamp
Co
Harnmermill
5%
B
Bridge Co Ltd
Rayon
5%
16
Jan
7%
Jan
4Va
Jan
Jan
29ft
Jan
15
15
200
15
Feb
16%
2ft
Tourneau
Lionel
Corp
Jan
Louisiana
Lynch
Mangel
1st
Marconi
Marlon
Jan
5%
400
5%
Jan
6ft
Jan
21ft
9%
100
I
200
Feb
6%
Jan
Jan
9%
Jan
10 Vb
Jan
Jan
21
Harris
Mfg
i9a
Jan
10Va.
600
10ft
Jan
13
Jan
ft
21ft
700
20 Va
Feb
22%
Jan
10 Va
100
10%
Feb
12%
25ft' Jan
20
1,400
ft
¥a
y
10 Va
/ "6-%
%
Feb
"*7
1,100
Jan
Feb
7ft
Jan
Feb
26 Va
Jan
23%
Jan
24 Va
Jan
23
50
22ft
Jan
24 Va
Jan
22 ft
23 ft
6,100
21ft
Jan
24ft
Jan
8ft
8ft
200
8ft
Feb
9ft
Jan
i°«
Jan
—
ft
78 V*
,
%
Feb
78
Jan
82 ft
Feb
300
66 ft
Feb
72 ft
Feb
16ft
Feb
20 Va
Jan
111ft
%
78 ft
3%
Feb
11,300
25
66ft
69
17%
16 ft
17%
16,000
UVa
13 Va
13 ft
400
13
12 ft
600
10Va
v
•
»
$2.50
Jan
Merrltt
Jan
8ft %
Jan
15%
Feb
8
Jan
9ft
Jan
100
9%
93
9%
Feb
5 ft
Jan
96
Jan
Jan
V
69
200
6 ft
6 ft
70
Jan
6ft
Feb
Jan
43 Va
9%
28
50
50
40%
40%
40 Va
30 ft
30%
10 ¥4
Jan
Jan
Feb
20
71
/
47
47
125
i
"2%
~3
1,500
:
warrants
20
20
.
Jan
108
Jan
Feb
21
Jan
Feb
79 ft
Jan
31ft
2%
100
2ft
•
l
Jan
69
4,500
■
2ft
Feb
Jan
19 ft
300
69
71
40 Va
144
Feb
Feb
107 ft
19 ft
•
Jan
30 Va
__
B
Jan
Jan
17ft
Feb
137
5
3ft
31
Feb
40 ft
150
100
common
Feb
15 ft
25
30%
•
15ft
Jan
9¥a
2,500
28
15 ft
15
com
9%
9¥a
•
48 ft
28
.
Jan
3
125
47
46 ft
•
Jan
3%
Feb
43
4%
Jan
47 ¥4
Feb
2ft
100
Jan
Feb
;
6
Jan
3ft Jan
Jan
20
22 ft
Jan
2ft
McWllllams
Jan
Hygrade Food Products
B
16%
Feb
Mesabl
Jan
38
Jan
~7ft
73/4
700
7ft
16 Va
200
16%
Feb
Feb
2%
■
1
2%
2%
700
2%
Feb
i
•
Chemical Industries—
dep rets registered
6Va
Jan
6ft
Jan
~1%
~1
"l%
27,000
1
Feb
1%
Jan
15 Va
xl5
15%
2,100
15
Jan
17%
Jan
•
class
37
37
25
35%
Jari
37
Feb
•
B
28 ¥4
29
50
28%
Feb
32ft
Jan
7ft
7 ¥4
600
7ft
Feb
9%
Jan
1
14 ft
13 %
14 ft
1,800
13%
Feb
15%
Jan
1
lft
lft
1%
1,500
lft
Feb
•
Co
&
A
'
•
5ft
—
preferred
18
Jan
9ft
8ft
10 ft
8ft
1,600
Feb
10 ft
Jan
1
Metal Textile Corp common
3%
2Be
Participating preferred
Class B
t
v
5
Feb
6
Jan
108%
Feb
109 Va
Jan
3%
Jan
4ft
Middle West
International
14 ft
14%
4ft %
5ft
Jan
5%
200
x7%
Feb
14%
2,800
9% Jan
lft Jan
1,300
6 Va
61/4
300
6
Jan
6%
¥4
8%
8 3ft
1,100
7
Jan
8%
Feb
6%
6 Va
l3/4
2,700
6Va
Feb
7ft
Jan
2
lVa
'
'
.
8
lVa
10
Co
Co
10,500
5%
Jan
23 Va
Jan
24ft
325
14 ft
Jan
16 ft
3ft
100
3ft
Jan
4%
Jan
1,000
18 ft
Feb
19ft
Jan
■
20ft
—
Jan
21 ft
Jan
18 ft
■
~2Va
2 Va
7
18 3/4
_2Va
1,600
7y8
2,500
30ft
125
29%
•
& Light
Jan
Jan
15 ft
50
convertible preferred
Mining Corp of Canada
2%
10ft
3ft
•
1
Feb
Jan
15 ft
15ft
50c
common
Power
2
1%
10ft
•
8%
8Va
500
2 Va
Feb
.
Missouri Public Service common
Molybdenum
Corp
*
1
1
24 Va
24»/a
24 Va
7
2 ¥4
7ft
7 Va
3
.;
50
400
-10
Cigar Machinery
7%
Jan
32 ft
Jan
•10 ft
Jan
8%
Feb
Jan
97
24
Feb
25
6%
Jan
2ft
Jan
Jan
99
3,400
Petroleum
109 ¥8
4ft
Jan
Moody Investors partic
Feb
16ft
Jan
Morris
Jan
51
shs
shares
'
■
•
For
Murray Ohio
Jan
110 ¥8
Feb
Jan
11 ft
Jan
Royalty
Mfg v t c__
footnotes
see
page
33.
cl
A
•
47
Jan
53
20%
Feb
22
8%
2,400
8%
Feb
11
Mfg Co
Muskegon Piston Ring common
Muskogee Co common
Feb
lift
9ft
Jan
10 ¥a
¥4
Feb
%
——1
lft
¥4
12%
100
12%
Feb
lVa
lft
1,600
lVa
Feb
16
3 ¥4
.
—
200
¥4
12 ¥a
16
.
Company
common
•
2.50
f
BOo
Feb
103%
Jan
Feb
Jan
22%
Jan
Jan
27ft
Jan
9ft
Feb
10 Va
Jan
lift
Jan
13%
Jan
10
Feb
12 ft
Jan
12%
Feb
13
19
150
19
25 ¥4
200
25
9 ¥4
—•
20 ft
25 ¥4
9%
100
10%
10%
Jan
8ft
99
11
400
Feb
8¥a
Feb
130
Feb
3V2
Jan V
100
.
l
com
200
20 ft
■
*
Chute
Snnernnwor Corp
51ft
'"tv"1 'ZZ'"-* 1'
5
>
49 ft
•
...
1
irving Air
Mt
Feb
10 ft
8ft
'•
Investors
P«"#r»
Feb
94 ft
20 ¥a
10
•
Fireman
lift
Jan
104 ft
Jan
8
Jan
Jan
33ft
Vernon-Woodborry Mills
10 ft
88 ft
Feb
Jan
Jan
99
103
176
Jan
31ft
99
Sc
2%
200
100
Tel
101
Jan
Tel
States
—10
—
Feb
3%
33 V4
States Power common
3
90ft
14ft
32
Producers
Mounta'n
Jan
Jan
37 ft
32
Mountain
Jan
200
ft
Jan
7ft
Jan
•
Jan
600
—J.
Feb
12% Feb
1,600
12 Va
168
35 ft
700
13 V*
16 Va
10%
40
~3%
Jan
110%
173 ft
12 ¥4
America—T— 10c
Feb
10 ¥4
172
_3%
Corp of
10ft
30
173 ft
13 ft
Plan
14%
94 ft
1
•
•
2ft Jan
~3¥4
Muter
•
International Safety Razor B
International Utilities common
Iron
class A
class A
pfd
100
108 ft
—
50
coupon
Monroe Loan Soclety .com
Feb
Hydro-Electric—
Preferred $3.50 series
Registered
100
pfd series B
2,000
__
•
International Metal Industries A
International
cum
14 ft
93"
94 ft
pfd„100
Jan
Feb
Feb
7
89ft
—
10$
pfd
cum
11 ¥4
£1
—
2%
Feb
29%
93 ft
pfd—100
Mountain
11%
Jan
c_ 1
•
14%
B
Feb
Jan
1
1
50c
Refineries
Wohl
Minnesota
200
1
•
common
Oil
Mid-West
5%
x7%
5
t
Midwest Piping & Supply common
Miller
5%
x7%
Jan
Corp—
11 ¥4
•
t
International Products
Jan
Jan
1
v
Abrasive
Midwest
4%
47
7%
1
$2 non-cum dividend shares
Co
Jan
Jan
5%
•
IB
Ex-distribution
Mid-West
45
1
Midland Oil Corp $1 conv pfd
Midland Steel Products—
Midvale
3%
--
2.10
c
4%
•
Co of North America—
Jan
25
100
4
IS
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar CO common
6% preferred
Micromattc Hone Corp
14 ft
£1
coupon
Imperial Tobacco of Great Britain
International
2
800
5ft
108 ¥4 108 ¥4
100
Co
Iron
Montgomery Ward & Co
Imperial Tobacco of Canada
Insurance
Jan
Chapman St Scott Corp—
4.80%
ft Ireland
Jan
Jan
3
7
;
Co
4.40%
Indianapolis Pwr ft Light 4%
8%
19ft
3
10
common
Dredging
Mfg
Jan
Monongahela Power Co—
Registered
Feb
Jan
16 ¥4
■
•
Monogram Pictures common
Amer
8%
12 ft
14
Jan
T-
10
common
& Co
Johnson
Jan
.Feb
Jan
2ft
Imperial Oil (Canada)
Jan
38
•
II
Warrants
Jan
1,100
Feb
14 ft
Marine
common
(A G)
8%
14%
113
•
common
Co
8
12 Va
—
—1
preferred
McKee
5V4
11
Jan
13
10
Shovel
Corp
2
9%
1
common
Jan
25Va
6%
23
23 ft
1
convertible preferred
Jan
13%
14%
3
common
Co
22
Jan
preferred
Zinc
Feb
8%
100
common
Power
Massey
Feb
*
Illinois
Jan
Jan
10%
,
^
Co
International
Feb
Hydro-Electric Securities
Imperial
5%
lift
7ft
100
Communication Co Ltd
ft
10
Baking Co
stock
,
6ft
21ft
_1
(The B) Co
Mapes Consolidated Mfg Co
8ft
Jan
common—
conv
Jan
21 ft
1
CO
.1$
Manischewitz
lft
8ft
ft Refining
ft Mfg Co
Refrigerator $2.25 pfd
Common
8%
25ft
Light $6 pfd
Service
Stores
300
Feb
Lock
Huyler's
13ft
Jan
5
1,800
~9%
__
a
Public
400
12%
Oil
Hurd
Jan
"
200
UVs
Jan
M
Maine
1 ft
4
•
Humble
.'
A
llacklntOBh-HemphlllCo— ,7,
~5ft
Jan
Inc
Hussman
Jan
Jan
7ft
12%
800
~8
Power &
ft
'
-
10
Inc
Jan
1
~7
class
Corp
Mead
1
(Harvey)
Jan
.21
preferred B ctfs of dep
Louisiana Land & Exploration
Menasco
1
'•
—
—
5
Hubbell
20
Feb
5ft
common.
6 Ye
Jan
•
preferred
Feb
6ft
8
1
Lighting Co—
Common ctfs of dep
7'A preferred A ctfs of dep
Jan
Jan
Holllnger Consolidated G M
8ft
18 ft
Long Island
2ft
6%
'
new
Jan
50
6 Va
7¥a
,
0
Chain
17%
11%
common
& Co
Jan
11%
--
Steel
x50ft
100
Holly Stores Inc
Holophane Co common
A)
10
Jan
400
19
5
10%
1
Co
Lone Star Gas Co. (Texas)
Feb
300
ft Co class A
Hardart
Jan
Jan
Feb
600
i
8
1
1
91
Middle States Petroleum class A
(Geo
1%
Jan
1 Va
1,100
12%
Class B
Locke
Feb
100
ft
Jan
Jan
12%
9ft
iA
6%
10%
1
Inc
(RG)
Groceterias
Feb
6%
4ft
Horn
Feb
9Va
~5
—-I
common
Brothers
2
•
Horn ft Hardart
9ft
3
Feb
1,000
10
2ft
12 ft
Llpton (Thos J) Inc 6% preferred.
Lit
47
11%
Henry Holt ft Co common
Hormel
2,700
2%
9ft
18 ft
OP Development
Le
900
100
Border's
Jan
104
Jan
26%
—
Leonard
Line Material
200
6%
A
(R)
Jan
103ft
325
I
*V
11%
fift%
Hoe
Jan
10%
Monotype Machine
University
Realty common
H CD
_B
preferred w w
preferred w w
10%
1A
Lefcourt
~2Va
25c
Hearn Dept Stores common
Glass
Feb
700
9 ft
La Salle Extension
~2
ft
—
Heller Co common
9ft
Co
Lanston
16 ft
2
Brewing Co
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc
l
H axel tine Corp
Hecla Mining Co
Helena Rubinstein
300
9ft
1
8ft
_5
Harvard
.
6%
Jan
16 ft
1
Feb
7%
100
5%
5%
1
25
1
.<
common
Jan
9%
37/a
2ft
Lakey Foundry St Machine
Lamson Corp of Delaware
McCord
'
Electric Light
Hartford
8ft
Co
McClanahan Oil Co
•
Paper common....
Hartford
Feb
''it
Lake Shore Mines Ltd
5%
H
Hamilton
7 Va
L
McAleer
Hall
Jan
100
29 ft
Jan
38%
Jan
102%
common__25c
Gypsum Lime ft Alabastlne
142
Feb
1,000
37ft
36%
111ft
Feb
104
425
„
138% 139
__100
Paper
Jan
7 Va
3%
tdan
Tea—
Products
Utilities
52
"(1
~6%
B
Pacific
2,900
16"
52 ft
—
1
Co
ft
!>
pfd__25
conv
Jan
Jan
10
Graham-Paige Motors 5%
Northern
Feb
80
Jan
1
common
Atlantic
"ft
Jan
Jan
50
class A
Gulf States
300
42 Va
2 2 J/4
*
Grand Rapids Varnish
Mfg
2Va
42 Va
1
Co
13
3Va
Longlnes-Wlttnauer Watch Co
•
Inc common
Sugars class A
Feb
27 ft
lAclodo-Ohrlsty Company--....———1
L'Aiglon Apparel Inc
1
Loblaw
--
1
B
Grocery
2%
2,700
95
*
$4.60 prior preferred
Goldfleld Consolidated Mines
Great
3
•
Godchaux
Great
3ft
13,200
5ft
2%
3
2.50
Corp
Coal
Gobel (Adolf)
Gray
4%
•5ft
25
Distilleries class B
Globe-Union
Class
101
•
Harvester
Alden
Glenmore
34
-—•
Co
Gladding McBean <fc Co
Gleaner
8 ft
34
1
(AC) common
Gilchrist
6
ft
8
"
*
Giant Yellowknlfe Gold Mines
12
3%
Feb
8ft
12%
126
Jan
22%
Jan
Jan
3%
Feb
29 ft
.-100
Knott Corp common
Kobacker
Stores
Jan
200
12
Feb
9ft
—
Co common
(IB)
92Va
6 Va
23,300
7ft
■
«
Kimberly-Clark Corp—
4 Va %
preferred
!i_
Kings County Lighting common.
4 '/o
cumulative preferred
King Seeley Corp
Kingston Products
Klrby Petroleum
Feb
Jan
common
Georgia Power $6 preferred
15 preferred
Jan
12
•
Jan
C
1
5ft preferred series A
10
General Flreproofing common
•
General Outdoor Adv 6% pfd
100
neneral Phoenix Corp
1
General Plywood Corp common
50c
General Public Service $6 preferred—*
Finance Corp
9ft
6%
5%
12%
General Electric Co Ltd—
General
Jan
6ft
6ft
1—0
Inc
(Walter)
Klelnert
200
6ft
Co
General Builders Supply Corp com—.1
conv
3%
Jan
„
Key Co common
Jan
£1
Mfg Co common
General
5ft
6%
4%
20 ft
•
14%
~6Va
Jan
Jan
Jan
-100
pfd—
Co
Kennedy's
13
25
Gellman
Jan
5%
124ft
1
88%
*
100
1
*
preferred
5ft
6ft
Jan
K
Xalser-Frazer Corp
Klein
Feb
10 Va
400
10ft
10 ft
Jan
Feb
4%
4%
Kirkland Lake G M Co Ltd
I
2
Corp common
Gatineau Power Co common—
Garrett
3%
4%
100
20
Jan
50
5 Va
5
Canada—
of
Motor
Ford
.11
3 ft. Jan
500
5
•
Co
Ford,Motor Co Ltd—
Amer
400
5ft
•
Preference
Julian
"5
Jan
14 ft
14 ft
common
3%
5¥a
5
1
Feb
3ft
1
3%
8ft
1
Stores
SI
16% Jan
Feb
1,000
5,600
;.9ft
63 ft
_10o
preferred
(M Rj
to
oc
Zi o
Corp common
cum
8'/a
7,300
64%
3%
9
13%
14 ft
-4
,■
4
*
—
(Phlla)
Fire Association
First York
Flstiman
—
14
14 ft
•
.—1
100
3%
400
Va ,...7/a
100
.
Feb
16
1
14
lft
17
N
Jan
Jan
Nachman
Jan
Namm's
10
Corp
Inc
Jan
National
Bellas
Jan
National
Breweries common
Jan
7%
Hess
common
preferred
Fuel
Jan
1
common
Gas
3 ¥4
Jan
-4ft
Jan
National
%
Jan
1 Va
Jan
National Mallinson Fabrics
5
5
5
600
5
Jan
5ft
Jan
1
•
2%
2%
3
4,000
2%
Jan
3ft
Jan
33
170
31ft
Jan
33 ft
Feb
34
Jan
34
Jan
33
23
*
9
9
1
9%
9 ¥4
9V4
10
5,500
300
8%
10
Jan
9%
Feb
Feb
11%
Jan
31
32
COMMERCIAL &
THE
(828)
RANGE
EXCHANGE
CURB
YORK
NEW
WEEK ENDED
FOR
Monday, February 21, 1949
FINANCIAL CHRONICLE
FEBRUARY J8
xwuuual
rrcs&ure
Cooker
Radiator
common
llVa
9 %
2
Co
9%
National
10
Transit common
iiationai
Onion Raulu
7%
200
8/
Neptune
Le
Ncotie
—.—
Corp.
(Herman;
Neison
_
200
Meter common
Mur Co class A
..
,
New
Mexico
Pars
New
Process
Y
N
Co
common
Rosario
Honduras
N
Y
N
Y
Merchandise
N
Y
Shipbuilding
Si
Niagara
5 %
Power
preferred
B
Class
Central
North
North
New
6%
1,400
6'/e
Feb
1%
1%
41)0
1"/B
jau
8%
8%
100
9 Va
Jan
1%
Feb
Jan
Jan
Kyerson
75
13 %
17%
9 Va
Va
Feb
92%
Va
Feb
Oil
Savoy
600
8%,
9'/4
Jan
9%
Feb
7%
Jan
9%
Jan
Feb
II
%
Jan
u
Jan
33 %
33 %
33 %
100
33
Feb
37
Jan
1%
1%
200
1
Jan
Seeal
1%
Serv
2%
x88% x88%
—
pfd-100
5 %
9
1
•
Novadel-Agene
~9 Va
15 Va
Jan
Jan
2%
Jan
Selected
8 Va
8%
7 %
15
4,600
500
Feb
x88%
Jan
102%
Feb
Jan
9%
Feb
Ogden
Corp
class
Brass
Co
Power
4%%
Oklahoma
Old
Oliver
United
B
11%
Jan
Semler
15%
Jan
Sentinel
Gas
13
9
class
Securities
Can
&,
5% %
Lighting
Pacific
Pantapec Oil
Paramount
Parker
(CA)
(CA)
t
v
Leather
Patican
$1
7%
30%
30%
Pennroad
Penn
Elec
Power
&
Peon
Traffic
Penn
15
100
15
Feb
16%
24 Va
400
23%
Jan
24%
Jan
Feb
7%
8%
16,000
7V4
Feb
11 Va
Jan
16 Va
16Va
50
16
Jan
17
Jan
20
20
50
20
Feb
24 Va
Jan
13%
13%
~3%
3%
Pierce
Pinchin
Pioneer Gold
Ltd
Power
&
6%
1st
Pratt
&
Prentice-Hall
Pressed
Metals
Producers
4,100
7
Jan
7%
Jan
1,260
1
Feb
2%
Jan
Jan
2 %
105 Va
Jan
5
Jan
175
100%
Jan
4%
Jan
35 Va
1,150
33'/a
Feb
3%
200
3
750
50%
103% 104
3 Va
52%
53
54
11%
400
8%
7%
8%
1,200
3
22 %
22
_•
2T
3
2%
»
1%
1%
21%
8%
Jan
24 Va
Feb
Jan
2%
Feb
Jan
Jan
11%
Jan
37
Jan
62
580
Feb
Feb
Feb
69 Va
Feb
22%
21%
23
1,700
20
Jan
25%
Jan
4
100
4
Feb
4%
Jan
31%
Jan.
12%
Feb
5%
Jan
5%
Jan
7%
Jan
4
8
~5%
Standard
Forgings Corp——.
(Kyi—
Standard Power & Light com.
Standard
Oil
1,500
8%
Jan
class
Common
Jan
4%
300
4%
Jun
4%
Jan
7 Va
1,200
6%
Feb
Va
Jan
1,000
16 Va
Feb
19%
Jan
2,300
8%
Jan
10%
Jan
1%
1%
500
1%
Feb
2Va
Jan
1%
100
1%
Jan
2%
Jan
3 Va
3 Va
300
3%
Jan
3%
Jan
IV:
1%
1,700
12
95
95'/a
(Thel
J
10%
overling
Stetson
Jan
1 '/2
2,900
(Hugo;
'2%
web
1%
Jan
Jan
2%
Feb
3'%
Jan
16
Feb
19%
Jan
200
73 %
Jan
78 Va
Feb
78'%
Feb
78%
Feb
7.200
2%
1,700
Stroock
(Si
Sunbeam
&
Co
Jan
16
78%
78%
200
3%
3%
900
3
Jan
5
3%
700
3%
f'o
Feb
4%
Jan
%
Feb
Feb
"13%
Jan
Jan
11%
Feb
Jan
Jan
200
2%
Jan
3
Jan
19%
20
700
19%
Jan
21
Jan
13 Va
13 Va
200
13 Va
Jan
14 Va
55%
2,600
53
30
106
53
106
106
Jan>
Feb
20
Jan
Feb
57%
Jan
107
Jan
•
20
Jan
12%
12%
3UU
11%
Jan
12%
Feb
3%
4uu
3%
Feb
4%
Jan
6Va
6%
6%
Feb
7%
Jan
6%
600
—
„
130
232
229
230
—
Jan
225
236%
Feb
3%
3%
Jan
93
__
Jan
Feb
Jail
93
25%
—
3%
Jan
25%
Jan
8%
Jan
10
Jan
400
%
Feb
l'/a
Jan
3
Jan
3%
Jan
7%
Jan
8
Jan
3
9%
!;!
3%
9%
%
3%
9%
4,200
Jan
3%
Jan
36%
Jan
Jau
—
--
—
1,700
1,400
31
16%
16%
30%
Feb
20
16 Va
Jan
18
37
30%
30Va
Jan
41
Jan
28
29%
1,300
x27%
Feb
29%
Feb
28%
29 Va
2,800
x'28%
Jan
29 Va
Jan
28%
29
28%
28 Va
1,800
28 Va
Feb
29'A
Jan
24%
Jan
25 %
6
Feb
6%
31%
Feb
25%
25 Va
600
6%
6%
100
—
31'/2
34
1,200
34
Jan
Jan
Jan
39
2%
2%
100
2%
Feb
2%
Jan
3%
3%
200
3V2
Feb
4V2
Jan
%
500
Jan
%
Jan
6%
Jan
8V2
Ja"
19 V2
~6%
7
Jan
21V2
2%
Jan
—
3 Va
3%
3%
500
500
9%
95/8
29%
30 Va
2,900
1%
1 Va
3,500
Jan
Feb
10%
Jan
Jan
9%
17
30'.
119% 119%
10
a
Jin
1%
Feb
1%
Jan
1%
*
119%
Feb
Feb
3 %
Jan
17
9%
29%
l'/a
Feb
1%
Jan
112%
Jan
7
Jan
7%
Jan
2%
Jan
3%
Feb
2V2
Jan
29
Jan
122
7Va
7%
700
3%
3%
1,300
2
Jan
".2%
2%
1,000
2%
Jan
6814
68%
40
67%
Jan
71
Jan
23 V2
Jan
24Va
Jan
Feb
15
Jan
3%
2%
5
1
•
*
Corp
common
Corp
'
Sun
1%
Jan
Ray Drug common
Superior Portland Cement, Inc
Feb
8'A
Jan
Superior Tool & Die Co
9%
1%
Jan
10%
Jan
12
25c
Jail
V2
Jan
6%
Jan
700
%
Jan
1%
Jan
600
3%
Feb
4'
5
,
3',4
%
4'%
3%
4 Va
Feb
10
%
Jan
12%
Jan
Feb
1
Jan
...
12
12
100
10%
Feb
12
Feb
11
11
100
10 Va
Jan
13 Va
Jan
37
38
900
33 Vn
600
5%
Jan
5%
Jan
425
14%
Feb
15%
Jan
200
2%
Jan
9%
Feb
37
5%
5%
Jan
Feb
41
Jan
Feb
1%
—
Jan
1 Va
•
8
1
17 Va
1
Stop & Shop Inc
Jan
11%
Jan
1,900
1%
l'/a
76 Va
—1
Co common
IJBi
Jan
Jan
Jan
16%
1%
76
—
38
lOVa
1%
3%
com..—1
1
1
JU;e—— 1,
95 Va
100
Jan
1%
Jan
400
17
Aluminum Products
Brewers Inc
§Sterling Engine Co
Sterling
Jan
10%
19 Va
*
Jan
Jan
Feb
100
1
Corp——
common.
Stinnes
8%
Jun
16%
16 Va
1%
•
Co
k
(A)
Jan
Feb
Jan
25'%
28 Va
26
12%
Stein
13%
7%
1%
Feb
16 '/a
2%
Steel Co of Canada
Feb
1,000
8
Feb
700
1
Corp
94
90
1 Va
25 Va
20
13'/a
53
106
*
Standard Tube class B—
12
100
—
Co^
Standard-Thomson
st.arrpt.t
8
11%
1
-20
——1
10
— 1
—
Products
34
12
-
Feb
9%
*
*
B—
preferred
Standard
8wan
Oil Corp
Finch
•
1
1ft
—
14%
2%
2%
15
2%
Jan
3
10%
Jan
-r
Colorado—
of
cumulative
preferred
100
99%
99%
75
95 %
Jan
100 Va
97%
97%
100
94'/a
Jan
98%
Feb
17%
17%
300
17'A
Feb
21%
Jan
10
99 %
11
150
10
Feb
12 'A
Jan
Taggart Corp common
Tampa Electric Co common
5%
Jan
Technicolor
Sound
prior
*
•
17 Va
8
10
,
5%
.
Jan
•
Tllo
Quaker
Oats
common
•
—
preferred
—100
Quebtt Power Co
87
90
420
147
148
430
89
147%
Jan
148 Va
Jan
Feb
xl4%
Jan
Jan
145
13%
•
92 Va
Jan
85%
&
Shovel
Thew
Thor
Inc
Powei
Texas
6%
5%
—*
—
Corp common
$1.60 convertible preferred
Sterling
900
8Va
Is%
~7%
Nevada
3 Va
Jan
63%
2.50
America
Feb
11%
A——,—•
V Standard Dredging
$7
62
*
Power & Light—
preferred
Puget Sound Pulp & Timber com
Pyle-National Co common
Pyrene Manufacturing
$5
Jail
63 V 4
*
4% °!c
Jan
Jan
10%
•
Puget
9%
3 Va
T2VV
Feb
1%
800
•
common
Prosperity Co class B
Service
•
Jan
2%
100
11%
8 Va
Providence Gas
Public
Feb
36%
2.50
common-
of
7
1,100
10%
1%
5 U
common
4%
3 Va
Standard Cap & Seal common——— 1
Convertible preferred.——,—10
Feb
Jan
11 Va
700
58
Jan
shares
1
500
Feb
17%
Stahl-Meyer Inc—
•
Standard Brewing Co——————2.78
Jan
Feb
3
1,000
11 Va
3
41%
3 Va
Jan
9 Va
3 Va
11%
•
—
Va
Jail
100
of
Corp
Jan
•
Co
Inc
28%
1%
34 Va
50o
preferred
Lambert
Jan
7,Va
~——.—25c
Corp of Canada
Feb
1 Va
*
Mines Ltd
Alexander
25
7
Pleasant Valley Wine Co
1
Pneumatic Scale
common——.—10
Powdrell
Jan
28
.—2.50
common
Mining Co_;
Feb
1%
Piper Aircraft Corp common
1
Pitney-Bowes Inc
—.——2
Pittsburgh Bess & Lake Erie RR
50
Pittsburgh & Lake Erie
:
50
Pittsburgh Metallurgical common
5
Polaris
46%
7%
pfd——100
Amer
Feb
Jan
150
•
common
common—-—
Johnson
4
Jan
44%
50
1%.
,
Governor
Jan
Jan
28%
28%
—1
Co—.—
Rubber
46%
46%
—
&
15%
80
23 Va
warrants
Philadelphia Co common
Phillips Packing Co..
Feb
Feb
3
1,400
4
23
--.
Tire
13
62
Pep Boys tThei
1
Pepperell Mfg Co (Mass)
——20
Perfect Circle Corp.————2.50
Pilaris
Jan
4
2%
46%
Jan
1
16 %
—
Jail
15,400
_•
common
Power
Jan
900
6%
76 %
78%
3%
preferred.
.——.—•
Simplicity Pattern common.
1
Simpson's Ltd class B
*
Singer Manufacturing Co—
-100
Singer Manufacturing Co Ltd—
Amer dep rets ord regis—
£1
Sioux City Gas & Elec Co—
3.90% preferred
100
Smitn (Howard; Paper Mills.:
•
Solar Aircraft Co_—
——1
§Solar Manufacturing Co
—1
Sonotone Corp
—1
Boss Manufacturing common
1
South Coast Corp common..—
—1
South Penn Oil common
12i50
Southwest Pa Pipe Line
..10
Southern California Edison—
o'/o
original preferred—
25
4,83% cum preferred
—
25
4.56% conv preference
—25
4.48%
conv
preference
25
4.32% cum preferred
—25
Southern Pipe Line.
1
—1
Southland Royalty Co
—5
Spencer Shoe Corp
*
Jan
3
13%
Feb
$3 convertible
Jan
96 Va
2%
2
Co
32%
104%
Jan
*
Light 4%%
Water &
Feb
Feb
3
—1
Mills
class A
-30%
102 Va
8 Va
common
Cement
Penn Gas &
100
24%
.—5
5%
Publications—
Simmons-Boardman
Jail
15
1
5'a
100
a
/
6%
2V2
*
1
25
—100
Canada—
Silex Co common—
Jan
36
100
94
preferred———-——25
Corp
Penn-Dixie
8%
Jan
Feb
preferred
Corp of America class
Sick's Breweries Ltd—
Jan
33 Va
Ltd-—
cum
7%
.
200
sh
cumulative preferred—
$1.32
Jan
7
common——
Shoe
Jan
2,100
.
10
9
Power
Sherwin-Williams of
Jan
22%
8'/a
.102 Va 103
Feb
1
1
•
Mining,
Shawinigan Water &
4%
—•
a
Telephone
14
Feb
34 Va
Corp
Plymouth
Co
200
Jan
8 Va
—•
Parkersburg Rig & Reei.i
Peninsular
7%
0
Va
17
1
—1
,——
common
common
Sherwin-Williams
Feb
17 Va
33:%
—•
.
Co.
witrhogue
300
8 Va
C—
Amer
Motors
Pen
19%
9 Va
Jan
8 Va
2,700
100
preferred
Page-Hersey Tubes common-.
Oil
Feb
7 Va
•
1st
Pancoastal
44
34 Va
$5
Public Service com-
$1.30
Jan
14
25
—
preferred
Power & Light 5%
pfd
Pacific
37
25
1st pfd
preferred
1st
Pacific
Elec 6%
Jan
8
Co common
Gas
Radio
Sheller Mfg Co
Jan
112
9 Va
—1
pacific
39
Feb
35 %
1
:
Pacific
Jan
'
—•
B
Inc—
O'okiep Copper Co Ltd Amer shares
Overseas
41
9
Jan
107
225
17%
Va
2%
Feb
2
2,700
108
Feb
9
15 Va
—
Saiety Control—
Serrick Corp class B_.—
30
38 %
35%
37%
41
1
Inc_
Corp
B;
(R
Feb
SnattucK Denn
107
100
Distillery
Filters
37 Va
•
common
preferred-
Natural
Polndexter
Omar
50c
common
Onio
5%
800
8 '/a
l'/a
—25
Sentry
4,300
2
...
stock-—
Allotment certificates——
0
2
200
9%
16 Va
1%
25%
16 Va
1%
1
5
Inc common
stock—.
prior
Seton
2
Jan
~5%
4l/4
*
—
Industries
$5.50
Jan
7.%
15
Co—
Convertible
Feb
8%
11,100
15%
9
*
(Minn)
Shoe
Feb
x88%
10
Jan
24%
5%
--
———1
Hardware
Lock &
2 Va
100
7%
Jan
1%
——
Selby
101%
50
Pub
1%
F'eb
Va
Jan
u
12 Va
%
tell
Feb
x6%
~~
1
Jan
Power
Ohio
(Del)
Inc
& Fisher Brick Co.
—
ocnulte
(D A)
Jne common—
37 Va
"2
Jan
800
8%
—1
——25c
Feb
—.
Jan
4'/a
36'/a
7%
6%
17
common—
33%
—
9%
Jan
30 'A
4%
100
*
'
—
Feb
Jan
600
3,700
5 Va
33%
—
8%
4
400
4%
"4%
33%
~8%
*8%
36%
9%
—x
Corp
United
Sayre
1,400
9 V2
8 Va
Jan
4'!8
5%
1
49
common
preferred
conv
Salt Dome On Co
Jan
y4
Ltd
Corp
Lawrence
1st
Feb
95
Jan
St
Samson
9%
9%
i't'b
27
19%
—1
—•
—1
Si Haynes common
Feb
98
Jan
95
3,700
fe
common—
Ave
Ryan
Jan
Jan
9J
Feb
Feb
Jan
--
Jan
22%
Jan
Jan
89
70
%
J an
10
95
95
95
b%
29'A
7Va
75
97
95%
J ail
Jan
91
32%
i.«a
Aeronautical Co
Ryan Consolidated Petroleum
Feb
8
63,700
Filtn
8%
Va
2 Va
x6 %
*
—
Russeks
16 Va
8 Va
Ltd
common
Jan
11
~9 Va
Oil Co
Royalite
Jan
6%
Jan
8 Va
33%
A
Aircraft Inc
Corp
Northrop
Jan
7 %
67
1%
4%
10
1
*
Electric Steel Co
Corp common
(The;
2%
Feb
5
Co
States
Rowe
Feb
62 Va
700
36 Va
5
—•
Northern Indiana
Northern
Rotary
Jan
—£1
5
Corp common
Inc
Field
Securities
•
Oil
——8
-*-1
Texas
RR
Perm
Feb
26%
Utility
Airlines
Northeast
6 %
Feb
900
Jan
2
.
:—a
•
class
Rayon
American
Roosevelt
1%
G3 %
2%
•
common
ord reg
for
dep rets
Cable
Rome
Jan
5
73
•
B common
North
1,200
Amef
Jan
87 %
•<
Feb
91
91%
luu
1
Scoviii Manufacturing
25
Scullin Steel Co common—
—*
Securities Corp General
1
Seeman Bros Inc————--*
Mines
American
1%
5
7o0
—
ft
Hundred Corp common
i^ipisaing
1%
Va
NUes-Bement-Pond
North
Jan
Jan
2
Royee Ltd—
Rolls
8%
Jan
81
V*
warrants—
optional
Niagara Share Corp class B com
Nineteen
G
150
1
pid F
4%
700
•
t c
v
Pendleton Inc
&
16%
Feb
500
Corp;
(Texas
High
2 Va
1%
Co—
Gas
Valley
Rochester ua& Si Elec
Jan
:.4%
Feb'
1%
100
100
preferred
2d
5%
Class
"3%
Jan
6%
14 Va
Grande
Roeser
Jan
6%
1
common
Jan
62 Va
1
Hudson
1st
•
Corp—
shares
Founders
Jan
ti
5
1
1
*
•
10
10
Co common
Auction
9
Jan
Va
1%
20
25
Co
Mining
New
800
100
G
82 %
1
Land
& Arizona
Feb
7'/a
83%
6 Va
100
Jersey Zinc
New
10%
3%
13,900
4
15
83 %
Co
convertible preferred
4%%
7 »
7
15
*
England Tel & Tel
Haven Clock & Watch
New
New
3%
3%
3%
Rio
Feb
3%
1
—300
0
ft
Jan
Feb
Va
9
Low
2
1
Richmond Radiator
11 Va
7%
900
7%
7%
Feb
11 Va
100
10
Steel Car Ltd
National
ll'/a
7%
4
Ruooer' Machinery-
National
11 Vu
1
High
Low
Range Since January 1
High
Low
Pur
Mfg & Stores common
n«muuiti
Range Since January 1
Shares
Shares
of Prices
Sale Price
New York Curb Exchange
for Week
Range
Last
STOCKS—
High
Low
Par
National
for Week
of Prices
Sale Price
Exchange
New YOrk Curb
Sales
Range
Last
"
Sales
Week's
Friday
Week's
Friday
%■ STOCKS—
VV
common
7%
Light
Co
new
Corporation
pfd
common
common
Inc
Realty
Roofing
Tishman
Tobacco
&
&
Construction
Allied Stocks
Tobacco Security Trust Co
Amer
»mpr
•
*
100
5
5
1
1
11
100
11
Feb
11 Va
Jan
26
26 Va
26%
6C0
26
Jan
27%
Jan
Jan
12%
11%
11
11%
regis
dpf reels—
10%
Jan
121
Jan
Feb
128
1L %
Feb
17%.
Jan
Jan
13%
Jan
15'/a
15%
400
11%
12
300
11
10 Va
10%
10%
600
10%
Jan
10%
Jan
12%
12%
12 %
100
12 %
Feb
13 %
Jan
55
55
52
Jan
55
Feb
•
£1
900
10
125
125
30
Ltd—
dep rets ord
dep
11
1
5%
5%
5%
5%
Jan
%
600
%
Feb
■
50
55
6%
Feb
1,100
%
%
Feb
55
li!
Jan
Jan
60
500
1%
Feb
Toklan
20
70c
55
Toledo
1U0
96%
97%
75
91%
Jan
%
1/8
1,000
%
Jan
U
Jan
;3%-
3%
800
3%
Jan
4 Va
Jan
2%
2%
3,800
2%
Feb
2%
Jan
Jan
1
6%
6%
100
•
10%
Todd
R
iv.
19,500
Aadlo-Kelth-Orpheum option warrantoRailway & Light Securities—
Voting
common
Packing Co common
Raymond Concrete Pile common
Kavt.heon
Rels
Reliance
.*K
Rice
Stix
&
Electric
Dry
•
Co
&
Engineering
Goods
Jan
33
34
1,000
6%
6 Va
6%
—6.25
5 Va
5Va
5%
500
3%
3'%
.3%
1,400
1
1%
1%
1%
100
19%
300
*
?4V
Jan
Jan
17
ir Jan
26
Jan
5
19%
•
23%
18 Va
2,700
33
Feb
37V2
Jan
53
33
•
common..
Co
(Robert)
50
1
Manufacturing
Shoe
24%
15%
Jan
10
preferred
Reading Tube Corp class A
Regal
100
Jan
1
Rath
convertible
15%
24%
10
—
Railway & Utility Investment A
$3
15%
,Va
Jan
Feb
53 Va
Tonopah Mining of Nevada
Trans Lux Corpi
Tri-Continenta.
Trunz
25
200
1
1
1%
3%
•
-
2%
warrants
2
24
*
Inc
Tung-Sol Lamp Works com
80c convertible preferred
xG
2%
Jan
Jan
98
24%
Jan
Feb
7%
Jan
Jan
11%
Jan
100
9%
T
Jan
1%
Feb
3,100
]%
Feb
3%
Jan
200
7%
Jan
8%
Jan
Jan
Jan
Feb
7:%
5
Feb
5 Va
3%
Feb
3%
Jan
Feb
1%
Jan
Ulen
Jan
21%
Jan
Unexcelled
6
1
%
17%
i
Jan
23%
Feb
25%
Jan
10%
U
Tr-i
23%
Shipyard Corp common
Royalty Corp
Edison 4%% pfd
Realization
i—«
.
Corp
Chemical
norfi
Corp.
10c
5
*
2%
Volume
169
Number
4779
THE
COMMERCIAL
NEW
YORK
RANGE
".A'
\
"
'■ '
A '
STOCKS—
Lust
Union
__
•
pfd series A
Stock Yards of Omaha
United
Aircraft
United
Chemicals
United
Corp
United
Elastic
Products
_50c
com
Light
Rights w i
Unuod
Milk
rets
RR
ord
&
U
S
U
_25c
1.100
common- __25
—1
21
24%
24 'A
58.700
1%
245
245
Jan
'10'
A7s
■
Jan
IV
Feb
29 %
21
Jan
Feb
24%
Feb
3
i
i
Feb
10
Interstate
48%
Feb
10%
Jan
Tsarco
20
25
48%
Jan
20 %
Jan
A
*
•
2%
Universal
Consolidated
__10
Universal
Insurance
Oil
—
2%
2%
5
...
O
common
~
1
Jan
Kansas
Feb
7%
Jan
McCord
Midland
Jan
40%
Jan
8%
Feb
Jan
New
13
4%
1,600
2%
500
36
24%
25
Feb
Feb
2
Jan
N
Jan
Ohio
Feb
78
6%
at
Jan
Feb
35 %
50
24 %
2 %
40%
23%
Feb
2%
700
2%
Jan
2%
$4
convertible
Venezuela
Vogt
preferred
21%
21 %
21%
600
Jan
22 %
21
Jan
26
,5%
1,000
5%
V
Feb
68
—
A6 %s
Public
x70
Manuafcturing
4%
4
%
300
4%
Feb
5%
2%
2%
2%
1,500
2%
Feb
3
-
—
12
—
—
Jan
12%
Southern
3%s
Aircraft
Co
Lt
Wagner
Baking voting
preferred
7',
Waitt &
Bond
1%
ctfs ext.*
trust
9%
1 %
&
Jan
9%
Jan
Inc
"l%
500
l
1%
I
1 »/2
11,800
Baking Co warrants_i.______.___
$2
3%
3
3 %
1,800
1%
l'A
400
7 '/a
7%
100
6% Jan
cum
Ward
Watch
Warner
l
preferred...
Waltham
,
Corp
1
Wentworth Manufacturing
West Texas Utilities $6 preferred
Western
Maryland Ry 70
Western
Tablet
&
Wichita
i
Williams
Wiilsoh
Winnipeg Elec:
Woodall
150
23'A Feb
35'A Jan
14 %
14 %
common.
Industries
100
pfd
2%
17%
200
2
...8
receipts
Feb
Feb
18'/a
6
Feb
15
%
15%
100
24%
25 %
200
10
10
200
11
11
200
10
5
Jan
23%
15%
J-J
B
1973
F-A
Gas
1970
A-O
J-J
3'As
(Calif)
_*
BONDS
ITS
112
100%
10%
Interest
New York Curb Exchange
Last
Electric
& Tel
Telephone
5s
series
Bethlehem
Boston
,1953
5 'As A.
Atlantic, City Electric
Bell
__1955
.
3'As
14
Elec
1970
F-A
1989
1950
Jan
8
A5s
or
-I960
;
1
1940
1947
1
of
Service
1
A 5s
income
1st ref
;
11J
Jan
J-D
Bonds
West
mtge
Delaware
4%s
Lack
1st
mtge
A 1st
of
6s
1954
f
s
—
5s_.._
Newspaper
conv
4s
Elmira
Water
Ercolc
Marelli
Danish
108% 108%
3
103'A
160 %
103%
160'/a
101%
101%
No.
9
Jan. 1
Low
105'A
5s
Residential
stamped
Grand
Trunk
Green
Mountain
107
-
108%
;$162
101%
165
101% 101%
38
85
18
119
119
102
1
82%
86
107%
_2
108
108%
108%
118%
119
101
102
J-J
Cons
25
5
ALima
90 %
90
90%
16
92%
93%
30
105'A 105%
12
89 'A
93
Interest
reduced
89
103 'A
104 3a
A7s
(issue
of
32
106
106%
A7s
(issue
of 0ct
89 %
37%
89%
210
87
87%
87%
1
J-D
104%
__
101'A 101'A
99%
99%
Ry 4!s
3%s
Power
M-N
21
102%
Is
104 %
Rio
t
A-O
$111% 112%
111%
1027)
May
Republic of
2%s
to
(ser
de Janeiro
60 %
60%
$43
61
11
46
97 "2
60%
47
97%
97%
7
117% 117%
35
1
116
1
35
33
112%.
*
63 'A
High
e
(
36
$50
57%
J-J
102
J-D
52'A
102% 103
102
Below
listed
on
are
n
tive;
103
"w i,"
$27
.2003
in
when
Date—
Rail-
2'$
2012
trials
roads
ities
6%s
1919
M-S
1921
J-J
used
above—"cod."
"w w,"
with
—
42
%
42%
61
%
64
31
_
__
70
__;
2
31
16%
17%
28
26%
42
15%
1
31
24 %
17%
28
2
%
25
2
3
2 3a
2%
16
2%
2%
10
Second
10
65
Indus¬
Grade
Grade
Util¬
Stocks
trials
Rails
Rails
First
10
ities
"cons." consolidated; "cum," cumulavoting trust ceititicates,
4tn-v,M non-voting stock; "v t c,
"x w," without warrants.
Total
40
Bonds
l4_—_—;
172.16
48.82
34.15
62.37
101.50
103.51
89.32
103.64
99.49
Feb.
15——A—
172.48
49.08
34.24
62.55
101.42
103.49
88.82
103.41
99.28
Feb.
16
173.28
49.41
34.41
62.87
101.36
103.50
88.80
103.31
99.24
Feb.
17
174.82
49.59
34.55
63.30
101.40
103.16
88.74
103.32
99.15
63.18
101.41
103.27
88.62
103.49
99.19
34.60
_
2%
■
certificates of deposit;
warrants;
Feb.
49.21
29
38 %
flat.
Averages
Holiday
174.71
24%
transaction
12_——
18_'
14
Deferred delivery
( not
included in
a
Feb.
Feb.
__
17
J-D
to
—Bonds-
Util¬
7
13%
receivership.
issued;
10
Indus-
70
__
43
28
J-J
J-J
traded
being
-StocksTotal
$65
J-D
daily closing averages of representative stocks and bonds
Exchange as compiled by Dow, Jones & Co.
15
75
70
37%
__
$42%
$42%
the New York Stock
20
--
40
A-O
4<conv/' convertible; "M," mortgage;
102'A
102%
30
38%
6%
30
$37%
M-N
D Ei—1997
Under-the-rule
Abbreviations
57%
102
the
__
15%
$28
--■
J-D
1947
2Vss
to
transaction
A Bonds
Stock and Bond
$14
37%
70'%
7
$6
__
—
stamped (Plan A)
value,
par
Odd-lot
principal,
117%
15
—
transaction (not included in year's range).
$ Ex-interest,
year's range),,
f Ex-distribution,
g Ex-stock div.
h Ex(not included in year's range),
r Transaction foi cash
not included in year's range),
x Ex-dividend,
y Ex-rights,
z Ex-liquidating dividend.
?Friday's bid and asked prices; 110 sales being transacted during cunent week.
"No
48 %
100 %
72
J-D
—1947
—
§ Reported
1950
1
.
—
A B C
Government
A Russian
$15
M-S
_____
1927*
reduced
Interest
1953
.1963
Jan
Low
of Bogota—
reduced
Interest
Peru
—
37%
168
M-N
—2003
stamped.—1—__—1951
A5,'As '
1961
Range Since
Sold
No.
75
J-J
6s——1931
Mortgage Bank of Denmark 5s
1972
Parana stamped (Plan A)
101
99%
37%
—
$70 %
M-S
AMortgage Bank of Chile
101 '.A
6
99%
7s
Mortgage Bank
105
1
99%
103'A 104 %
s
AMedellin
87
$104%
'
101%
98%
105%
—
■$62%
F-A
—1952
2'As..
to
106% 106%
89
92 %
105
Bank—
i
High
Bonds
(Plan- At
103% 103%
A-O
Friday's
M-N
6'As stamped. 1958
iPerui
City
__
J-D
5s^—____————1953
Danzig Port & Waterways—
AExternal 6%s stamped..
103%
J-J
or
Bid & Asked
$62%
J-J
Municipal Loan%s
>_r_
—.1955
External
A-O
J-J
Week's Rang*
Last
Sale Price
.
__.__.__.Jan
.___
Maranhao stamped
coupou__i953
coupon
Mtge
Western
7s
—
5s____
1940
28 %
102
119
A-O
7s
A20-year
Mfg Co—
1
1947
33%
Bank
Mortgage
A20-year
Hi {pi
External
J-D
M-S
Finland
Agricultural
101
1956
1
38
100%
■'
106%
J-J
Elec
30
100%
Range Since
M-S
1977
Period
106
--
May
Nov
2
84'A
Friday
Interest
Exchange
4
M-N
A6'As
35%
108'A 108 %
J-D
106% 103%
1965
A6'As with Nov
ex
1
A.__.
RR
24 %
$108
F-A
102
1993
&
85
M-S
1960
90 A
1903
Lt
24 %
18%
100% 100%
A-O
...1959
,
100%
B
scr
22
l
Foreign Governments & Municipalities
93%
1954
4s scr
100%
J-D
2030
2
Fuel 3'As..—___>
mtge
Eastern Gas &
1
22%
Jan
Division—
J
23
22 33
Union—
debentures
105%
1962
City
_
N
95'A
23
—
Low
Sold
High
Western RR—
&
Lackawanna
67
—
$15
3%s_. -.1964
5s
Penn Traction
Western
M-S
LLi IS81
Bait
1
127
63
$?5
28
1976
mtge 2%s ser Q
Gas
124
1956
101% 101%
1969
2'As conv debs__._i._
Gen
1
127
70
1956
coupon
106% 106%
Bid & Asked
—-
3s scr P
1 st ref 234s series R.
Consolidated
104%
86
Co—
coupon
2-fg Jan
Friday's
(Bait*—
Pwr
&
100%
104%
6
66
$15
1949
debs
Electric
Penh
.1969
—
...
Lt
mtge
105%
100','2
Hotel—
M-S
1966
i-L-i---,..—
Gas El
ref
1st
103%
$67
1953
4s.
J
1940
1947
1
-1958
Jan
5s____l_.
Cotisol
:
1948
____1954
5s
Registered
i
89 %
86
'127'
"wi
■
coupon-_l"&53
coupon
N
100% 101
Q-F
3s..___
v
A
A-O
101
J-D
Debenture
105 %
104% 104 7 i,
••
.
J-J
1946
101%
1993
Debenture
105 %
105%
35
1946
106%
1970
Debenture 5s
■
\
r"
M-N
J-D
6s
redeemed)...
120'x
Service
103%
'
102
$100
A-O
J-J
Sale Price
J-J
—
120redeemed*
ASVbs
1
64
.
Feb
5jCentral States Electric Corp-—
Cities
,;:X"
•
105% 105%
__
A-O
1966
(Col* —
April 1946
1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—:
—1848
2-'As
Edison
101 %
$103%
M-N
3'As
5s
Co
Dec
Dec
Jan
11
Canada—r
of
C____.._._.
Steel
1970
4'As
deb
101 %
101 %
103% 104'A
$105%
——
.
Period
Appalachian Elec Power 3%s___
Tel
101%
115
Jan
Feb
97-a
6,000
Low
Assoc
101
155
—
BONDS
Associated
102
100%
$113
101%
New York Curb
,
101%
£1
•Wright Hargreaves Ltd..
A-
148%
2
102
Jan
Jan
Jan
7%
11
ex
Jan
29
Feb
100
—
30%
1
$99 %
104'A
Washington Water Power
Jan
15
with
West
Jan
Feb
M-N
M-S
-----
Aug
Waldorf-Astoria
Jan
6'A
Jan
%'
26
*
Jan
'A
40
106
102
A-O
3s
stamped
Electric
A 7s
Jan
9
94
106'A
152% 152%
—
Corp—
Aug
ex
A7s
Jan
A-O
152%
1951
3s___
trust.
Electric
United
Jan
2'A
8'A Jan
_5s
L__.
15'A
4
100
Petroleum common
Woohvorth (F Wi Ltd—
preference
%
Feb
9
24 %
..
Inc__
American deposit
14 %
2nd
A6%s
Jan
J-J
M-S
stamped—
Industries—
A6'As with
Jan
21
■
105%
105%
■
__
Hydro-Electric Co—
United
Feb
36
Jan
50
17%
8
26
20'2
25
Woodley
LA
26
__1
Wisconsin Pwr & Lt 4'AO
Terni
107'%
93
iHugoi
A7-4s
Feb
23'A
3rd
108
4
$105% 106%
'—
1973
inc
Corp
104%
106%
103
107
1965
&
102'A
$15
.1952
B__
5s
iHugoi
A7-4s
Stinnes
Jan
____..i
\v___.
Jan
150
8%
w
Jan
115'A
17%
preferred
8
7%
Feb
*
Inc_„__
1 3
Jan
i
common.
Jan
112
10
Brothers
50/
4%
1 '/a
140
__~s^____l
Corp_„
Feb
Jan
10
Oil
Products
Wilson
2%
20
Co__
Jan
20
150
Corp_^______________5
&
Jan
2'A
$106
1971
collateral
5s
Stinnes
Jan
10 3 4
Feb
115 V2 115'.A
The I
<R C>
2 '/a
Jan
1
150
*
& Co^
Jan
8%
River
Wickes
1%
__io
Weyenberg Siioe Mfg..
Wm.i
*
com
Westmoreland Inc_._„.
i
l'A
1.25
1st pfd__100
Stationery
Westmoreland Coal
Whitman
1 "2
.30
Co
Aircraft
AStarrett
100
—
$35%
Corp 3s. 1981
Gs
Gas
Gas
104%
2
107%
94
1960
3s_
(AG)
104%
26
104
94
—
65
104
104%
__
94
r
A___
Counties
mtge
G
■
107
J-J
101%
60%
Co—
Edison
ser
4
108%
101%
-
62
$103% 103%
coupon.._1960
Power
California
26
108%
Electric—
Pow
inc mtge
series
Spalding
Jan
9
500
Jan
21
108%
104
107
Co—
Gas
66
31
■
28
$105
J-D
1998
California
Southwestern
*
;
62
27%
104% 104'%
■—
J-J
coupon
&
Water
Southern
Waco
1964
1952
1st & ref M 3s
1st
43
60%
A-O
A
Southern
W
63 %
40
$101% 102
60%
A-O
3s
1940
1947
Borough Gas &
Harbor
Jan
38%
$108%
—
J-D
1968
debs
series
Joaquin
Jan
»
2004
1971
1
1
Elec
6%
Scullin Steel
Jan
Oct
Oct
ex
San
Jan
4%
38
32
37%
$101
M-S
3%s..____:
1st mtge
Service
50-year
Jan
6%
Feb
1
20c
Inc
40%
37
$25
'
—
M-N
—1970
A6'As with
Feb
5
Petroleum
Syndicate
___1967
____1961
Ltg 4s_.
Hydro-Electric
Safe
Venezuelan
A-O
3 'As
Jan
5%
F-A
1983
mtge
Lexington
Piedmont
Feb
50
2%
5%
1956
to__.._
Pennsylvania Water & Power 3%s_1964
Jan
X25 %
Park
Jan
Feb
Feb
200
~2%
1
common
J-J
3s_——
mtge
5%s
Corp
1969
4A
1st
Power
Queens
Valspar
J-D
Light 3%s
1
J-J
1966
Westchester
&
1st
Jan
2%
_
Y
31%
1
7
$15
—
.1963
3%s
Gas Light 4%s
England Power 3%s
3%
Feb
Jan
5
38%
Valley RR—
Extended
14%
Feb
2%
75
40%
38
$35
'
1%
25
6s
Power
Milwaukee
1%
Feb..
38%
63
—
COUpon____1952
Corp deb 4%s__
52 %
'
24 %
10
.
Power &
Jan
Jan
40%
33
38
coupon_r__r_1952
Superpower
Jan
50
35%
10
common
Utah-Idaho Sugar
Electric
Jan
1,700
4%
1
—
Altalian
Kansas
1%
32%
31%
10
38
'J-J
36
38 %
40%
J-J
■
40%
38%
1952
ctfs—_________
1940
1947
1
Feb
Feb
47%
78
4%
Nov
ex
1
4%
37%
1,200
2%
Nov
246 %
ii!
1,200
:
58
105%
37%
40%
1952
;
Jan
8
78
,.50c
Light
with
360
1%
42
$40
40%
F-A
coupon)______ 1957
escrow
High
56%
104%
Hydro-Electric Co—
7s
1,975
14
2%
*
Rubber Reclaiming Co.
United Stores Corp com
Universal Products Co
39
13%
■->
Low
'
J-D
_1957
;
coupon)
Co—
Power
Jan. 1
No.
59
$ 10434 105
:
1955
coup*
1941
Feb
245
100
48%
38%
38%
'*-
•-viL'U'
1 %
S
1941
A Debenture
6 %
—11
common...
1941
F
(July
Range Since
Sold
High
$56
—
M-N
1955
1
i
(Aug
A7s
Feb
2
Low
Sec—
E
A7 s■ series
10
ill
1 0
i%
warrants.
J-J
3 %s.—_1970
c
(Dec
series
A7s
Jan
Feb
21
30
245
in
'
i3y«
Securities.
with
Power
series
A6%s
Jhn
19%
131,100
20
1
—
International
&
2
20
10C
commpn
preferred
6%s
Jan
39
26
150
10
—25
Power
3%
a
A7s
com
Machinery
Radiator
Utah
19%
I 0
4%
Co class B
1st
S
Jan
'
.100
Conditioning Corp
and
$5
U
Feb
2,400
26
19%
regis
Canal
Specialities
Air
%
2G
■
preferred
Shoe
3
*
Preferred
S
2,900
International
1958
;
■
•
Profit Sharing
U S Foil
3'%
%
7
common
United
United
Jan
39
_
NJ
United
Jan
57
Co Ltd—
United
10%
97%
Feb
112
__
dep
Jan
54%
6s
Lt
&
Bonds
Bid & Asked
!
Guantanamo & Western
Power
Friday's
or
Sale Price
■
:_io
Railways
United Molasses
Amer
92%
10
5
.
Products
Preferred
150
54 %
3
*
Corp
&
95%
3%
tVrm'n Hung*
Last
Period
*;■
Jan
6'A
Jan
54 %
•
———-
United Gas Corp common
U"*rod
6%
Interest
Exchange
High
Indianapolis
54 %
common
warrants
Low
94%
IlOO
18
New York Curb
;;;
*
$3.75
FEBRUARY
Range Since January 1
High
33
EXCHANGE
ENDED
BONDS
Shares
__
Oil Co of California—
Union
U
Low
4
__
(829)
Friday
ol' Prices
Pur
Investment Co
CHRONICLE
for Week
Range
Sale Price
'
Union
CURB
WEEK
FOR
FINANCIAL
Week's
Friday
New York Curb Exchange
&
■
•
34
COMMERCIAL, &
THE
(830)
FINANCIAL
OTHER STOCK
RANGE
FOR
WEEK
Monday, February 21, 1949
CHRONICLE
.
EXCHANGES
ENDED
FEBRUARY
18
Week's.
Sslef
Last
Range
for W4ek
Sale Price
of Prices
Friday
Baltimore Stock
Last
Loio
Pur
5%
Transit
Amsterdam
New
U S
Co
13
1,338
2.90
200
176
41 Ms
Jan
Flour Mills of
Feb
Jan
Jan
54%
Feb
42
Jan
Jan
Gibson
Jan
49 V2
41 '/a
BONDS—
Transit
1975
1975
4s
Co
5s series A
54%
53 %
60
54
61
61%
48
Jan
54%
Jan
61'/a
Lakes
Great
Feb
55
$11,500
5,500
Dr
Heileman
(G)
Exchange
Week'a
Sale Price
STOCKS—
v'/V"
American
Sugar
Tel
Tel—_
American
Woolen
Anaconda
Copper
——100
Refining
American
Boston
&
&
74:
of Prices
,.100
.
*
Albany RR
—
100
—
Elevated
Boston
Stamped
33%
93
3274
Feb
3674
2,796
143 74
Jan
150%
Jan
3274
37%
3874
279
34%
Jan
38%
Feb
3274
296
3174
Feb
35
Jan
250
116%
Feb
120
Jan
1,355
4074
Jan
16%
1674
100
—
Maine
&
7%
4174
16 74
712
17
1974
Jan
preferred—
prior
1st pfd stamped
5%
cl A
7%
class
Co
38%
Feb
474
150
4'A
Feb
474
5%
150
474
Feb
16
15%
250
15%
Jan
16
Boston
Providence
&
Service
Cities
RR
80
85
69
Jan
80
Feb
39%
42
680
39
Feb
4674
Jan
40c
100
__
80
100
——
—
10
East Boston Co
40c
300
40c
Feb
40c
Feb
Middle
Jan
574
Massachusetts street ny-
Eastern
Common
4%
4%
.—100
■;
-—
62
pfd series A—
6%
1st
6%
preferred class B...
100
adjustment—
100
5%
pfd
84
Feb
88
Jan
39
1,460
19%
Jan
22%
343
33%
Feb
35%
451
53%
5774
-
Jan
6174
Kennecott
42.45
Feb
43.75
5%
Feb
40%
30%
185
29 %
Feb
33%
Jan
474
100
:
,4%
56%
Jan
29%
'
4%
*
Jan
4
46%
40
Feb
1374
.
Feb
47%
49
260
——
40
40
10
41%
41%
50
38
—
50
50
20
48%
125
874
Jan
179
12%
Feb
13c
Jan
——
(Dell
Corp
—
50
prior preferred—
6%
~
Mergenthaler Linotype
14%
«
Chemical Corp
Mathieson
25
Theatre
Boston
Loew's
■
__
__
—
———
s
Narragansett Racing Assn
1
Cos—
20
SystemEngland Tel & Tel..
Electric
England
New
New
.100
.
.
14%
100
8%
14%
41%
Electric
Westinghouse
Corp.
9
Jan
9
Bearing
Ball
Aetna
Tel
Co
&
Armour
Asbestos
Tel
&
Co
Co
Forgings common—
Standard
83
84
550
8074
Jan
87%
674
674
Jan
7
of
12%
Feb
1474
3474
Jan
Texas
3,712
4974
Feb
53
Jan
Berghoff
Borg
Brewing
Co
Mfg
(George
Jan
52%
1
—1
10
3874
Feb
39%
Jan
49%
49%
5074
48 74
48 V,
48%
300
—
3874
38%
36
39
3974
191
38%
Feb
43%
208
Jan
12%
1274
100
1274
Feb
1374
22%
26%
Jan
2274
23%
214
Butler Bros common
111
Secur
(The)
South
&
W
S
Util
Chicago Corp
s
Low
1-6%
Convertible
preferred
Convertible
1674
Cities
Club
Service
Alum
Coleman
(The)
Commonwealth
For
Co
Co
Co
Range Since Jan. 1
Shares
Edison
footnotes
see
common
page
42.
19 %
Jan
Feb
50
13
Jan
13%
1674
Feb
1774
Jan
90
Jan
200
10
89%
>
Feb
50
11
100
2474
Feb
12%
Jan
20
"574
574
Jan
28 %
Jan
13
Jan
Jan
24
20%
300
19%
Feb
574
200
574
Jan
0%
Jan
150
17%
>
Feb
21 'A
Jan
'774
774
100
774
Feb
874
Jan
3%
3%
800
2%
Jan'
3%
Feb
10
Jan
Jan
18
,
3 %
18
9%
—
.
-
-
•
;
6 74
100
3874
6 74
Feb
9%
400
9%
37%
1
...
•
36%
Feb
41 %
150
674
Jan
674
Feb
14
Feb
14%
Jan
33%
Jan
41
Feb
9%
Jan
11%
Jan
Jan
32%
Jan
Jan
11%
Jan
14
14
100
38
37%
38
2,950
1074
1074
10%
1,050-
29%
29%
200
300
49%
29
974
.
22
22
•
44
43%
44
37%
38%,
200
49%
22
-
49%. Feb
59 74
Jan
100
22
Feb
25
Jan
43
Feb
44
1.300
37%
Feb
4174
Jan
Jan
11%
Feb
12%
Jan
69
Jan
78%
Jan
600
12
12
100
71%
_10
.
72%
700
•
capital
Low
15%
100
Feb
High
19%
5
,
Jan
Jan
13
Jan
8 74
8
274
8%
—
74
1374
•
13%
500
774
500
13
Feb
Jan
Jan
Feb
35
Jan
24%
Feb
2674
Jan
102
Jan
103 %
Jan
•
31%
31%
31
Feb
3374
Jan
1274
13%
600
12%
Feb
14 74
Jan
11%
U%
400
10%
Feb
13 %
Jan
10%
Feb
11%
Jan
200
6 %
Feb
8
74
Jan
Steel
Bethlehem
32%
50
common
new
1,000
Jan
Canadian
Jan
Certain-teed Products
Pacific
Gas
—
(The)
Inc
System
13%
25
Co
Ry
1
*
Jan
674
774
1,900
6%
Feb
774)
Jan
1%
1,450
174
Jan
1%
Jan
Curtiss-Wright
5%
574
1,000
5%
Feb
574
500
6 74
Feb
7'/a
Jan
6%
6%
9
9
9
400
7%
Jan
9%
Feb
1
174
174
1%
1,000
1%
Feb
7%
Jan
36%
36 74
200
36
Feb
3974
Jan
11%
Jan
12
Feb
274
Feb
Jan
674
6%
*
Continental Motors
174
14%
25
100
25
Feb
26%
Feb
14%
300
14 74
Feb
14%
3474
34%
100
34%
Feb
36%
Jaii
14%
15
400
14
Feb
1574
Feb
3274
100
674
674
12%
13 74
9 74
:
32
Electric
Radio
&
Co
»
;
—5
Public Utility Corp
45
8%
33% Jan
Graham-Paige Motors
Laclede Gas Light—
Feb
Jan
Feb
14
Jan
Packard
9%
-
Feb
10%
Jan
Pan
45
50
8%
A
7%
Feb
49%
Jan
Feb
9%
—4
Airways
Paramount Pictures Inc
oil
Corp
new
com
33%
Co
(The)
450
2
Feb
3
Feb
Pure
1%
800
1
Feb
1%
Jan
Radio
14%
Feb
70
113
11%
1174
3,000
1074
Jan
11%
Feb
Republic
9%
1,000
974
Feb
11 %
Jan
Rexail
53%
3974
*
574
21%
2174
26
26
70
65
40%
5%
24
26 74
100
200
1,800
Jan
Steel
Drue
Schenley
Soconv
f
'
Jan
10%
11%
500
10%
Feb
13 %
Jan
3%
3%
1,200
3%
Feb
4%
Jan
8%
8 74
100
874
Jan
874
Feb
Jan
24
Feb
113%
Feb
Standard
Oil
Jan
57%
Jan
Standard
Steel
3974
Feb
46%
Jan
Studebaker
574
2174
Feb
Jan
Sunray
Jan
United
Jan
6
28%
2774
Jan
Wilson
Oil
9 /
2674
9
600
8%
Jan
10
Oil
Co
874
2674
27%
400
2574
Feb
3174
1174
100
11'A
Feb
14%
8%
1,000
774
Jan
8
Spring
common
Corp
—
& Co common
24 %
24%
500
23%
Feb
474
474
100
4%
Feb
26%
2674
100
26%
Feb
15
Inc
•
27 V,
5%
Jan
Jan
Jan
Jan
Jan
30
Jan
18 74
10
1574
1574
1,500
1574
Feb
17%
Jan
67%
200
66'A
Feb
73%
Jan
1474
1:
lf;*
1
•
9
Feb
Jan
66%
15%
25
,
74
1174
1%
of N J
Corp
Corp
■:
9
♦
common
6
22%
2%
Corp
Vacuum
70%
Jan
25
1574
3%
♦
1
common
Distillers Corp
Jan
Feb
common
America
Inc
IO
100
200
65 74
of
111
20
53%
Jan
6674
30
113%
Feb
11%
•
Radio-Keith-Orpheum
Jan
Co
Corp
200
50
Jan
12%
Jan
2%
65
4%
300
*
274
1
Car—
Motor
1
65
2,300
Central RR capital—-——*
American
Feb
6%
13%
2%
6 74
—a.
Jan
74
2%
574
1374
1
Corp
3%
500
.4
5
Nash-Kelvlnator
1274
2,200
100
Feb
General
New York
400
8%
Television
Farnsworth
6%
150
9%
45
—
Feb
74
Feb
8%
1474
32
Jan
25
274
Jan
Feb
500
19
150 V2
10%
Feb
300
10%
Jan
Feb
1274
25
Feb
144
10 74
300
32%
Feb
700
100
13
24 74
974
14574 147
1074
1274
32 74
4%
700
10%
5
common
Corp
2%
5
25
Jan
Jan
8
Feb
19
10
Atchison Topeka & Santa Fe_—..100
Steel
1774
10
Inc_
7%
200
10%, 1074
Radiator & St San com
Anaconda Copper Mining
150
974
common
900
1
250
4%
1174
common
Products
7%
19
—25
-2
Lines Inc
18
ll3A
Chrysler Corp (new)
9%
Stocks—
10
3274
113
Feb
100
capital (new/.,-*
Machine
1
*
2%
8 74
13
_■»
17%
14
preferred
1,050
25%
St Corp
Bankshares
American Air
High
13 74
——
Jan
8%
13
5
common
G%
Chicago Towel Co common-—-———*
Jan
24 %
11%
10
__
common
Jan
4%
1
—*
31%
Jan
2574
--
—_—
Salle
La
Steel
Armco
—_50c
common-
Jan
22%
11%
Alleghany Corp
for Week
12%
common
30
100
Jan
25
Air Lines Inc—:
United
U
Sales
Range
—*
preferred
Convertible
Cent
common
_
.—
1
common..
Corp
200
Ltd—
(The)
Co
.Pepsi-Cola,'
Biscuit
Carr-Consol
Central
30
23%
Jan
American
Week's
*
10
capital——
Jan
Jan
Feb
of Prices
6'A
12 A
10'A
Jan
:
Co
974
Corp__
Feb
Jan
115
Sale Price
capital
Wi Corp
(E J)
Brach & Sons
common
deposit
Trane Co
4774
70
32%
5
Feb
9 %
Jan
Feb
1274
32%
common..—
474
11%
1
Co capital stock
Wisconsin
Aviation
Bendix
Binks
(WH)
974
Feb
Feb
Feb
32
12%
3274
1!
Barlow & Seelig Mfg Co "A" com—5
Bastian-Blessing Co common—34%
Belden Mfg Co common
10
14'A
Co
250
Jan
11
9%
4
13%
•
General
Barber
10
Jan
3974
—
International
5'A
700
Jail
2%
Feb
5
common—
&
5
11
Feb
Jan
24
Feb
174
Jan
Corp
Container
Swift
4
3
Feb
9%
3.100
Jan
Standard Oil of Ind capital——__ —25
9%
v
Swift
_1
21%
10
2
Feb
Stone
Jan
Jan
common
200
10
11%
Feb
8%
474
common
Mfg
2274
34%
Jan
1,333
Jan
Athey Products Corp capital—;
Avco Manufacturing Corp
51%
Jan
'
1%
1467a
6%
iy8
Feb
5474
50
2
5%
100
16
Jan
500
20
Jan
capital
Jan
51
35 %
capital.
Works
Feb
18
15%
100
11
—-1
1%
*
100
11
Jan
9,100
9
Jan
16
34%
25c
15c
874
89%
•
Spiegel Inc common
Standard Dredging common
Columbia
American
—
474
common—.
Jan
•
_
8
common
8
89%
1
—
_
80
Castings—^—_——5
Advanced Alum
Allied Laboratories
Feb
1,000
1
200
1
Feb
39
f
1 %
common—.
13
Jan
13
—
674
Par
Corp
Jan
37
16%
capital
474
•
1174
50
13
Corp common
Lathe
Feb
100
1674
Oil Corp
Bend
South
Feb
6%
Feb
12
774
1574
1374
8%
6%
Feb
13%
Last
-V
100
6%
39
19
•
.—
—
Society Brand Clothes common
Chicago Stock Exchange
Admiral
_
1%
Friday
Jan
15
Jan
10
8 'A
>i
cl B common
Prod
Unlisted
■;
„
474
,.:v
Jan
774
10
_
1%
STOCKS—
27 74
Jan
9,750
50
A
class
Cummins
Yates-American
>:
Feb
7 74
100
7%
15
23%
25
•-6%
23%
24%
5,700
2474
30
5
_
25
12%
Jan
974
9%
8%
Furniture
--
474
4
'
common.
Corp common
1274
Feb
9%
Sundstrand Mach Tool new com—
__
250
21%
*
Storkline
*
Jan
4
xlO
2
Sunbeam
10
1874
51
22%
10
Jan
—
_
Jan
4
com—
Jan
Inc
System
Waldorf
17%
4
common
Union Carbide & Carb
U S Rubber Co.
950
16
16
Signode Steel Strap common
Feb
50%
Cooker
1774
25
Jan
18
974
45c
25
17
*
Feb
.
Jan
Feb
174
common
Feb
preferred
53
15%
50
Jan
Jan^
Feb
Co
1574
*
Feb
120
5
30c
.
48
16
8%
vtc
common
1,012
United Shoe Machinery common..
6%
Inc
Switch
Corp
Ctfs
United Fruit Co_
48 %
■»
Serrick
Jan
Jan
9
12
1
3,800
*
Jan
6%
Products-—
16%
_
10
12%
*
38c
_
,
Feb
7%
1
30c
*
Inc
Webster
&
Stone
Torrington Co
650
7
common
15%
2.50
Jan
9 %
39
36c
—
15%
24 74
!_5
1574
...
Feb
4
13
*
.—10
Pennsylvania RR
Quincy Mining Co
—
Reece Folding Machine
Co
83%
14%
1774
*
50
—2.50
North Butte Mining
Rexail Drug
9
100
15 %
4
Roebuck & Co capital
Sinclair
41
15c
13%
Service
National
Jan
14%
48
18
prior preferred
Elec
Sears
_
9
17
Jan
•
Bancorp
Schwitzer
■
Lamson
41%- Feb
Feb
Jan
Corp capital—
Feb
2974
15
Feb
15%
9%
*
RR capital
Quaker Oats Co common
Jan
37
•
_
41%
400
Feb
1
Pennsylvania
Jan
3574
42.45
3574
Copper
Jan
100
16%
8%
common
Co
Pressure
Shellmar
Isle Royale Copper
9%
50
(new)
Peabody Coal Co common
Feb
8
58%
42.45
—
Feb
8%
common
Manufacturing
Penn
1,456
5774
■
36%
-
_—
Oak
Jan
21%
*
General Electric
National
Jan
35
&
Chemical
Jan
•
Gillette Safety Razor Co
8%
Jan
Jan
6
874
com
common—
Food
Hart
&
Northwest
Jan
30
20%
_
Feb
700
8%-
14%
1774
.25
National Standard conunpn
Jan
27
34%
—
62%
Feb
:
& Libby
Field
West
Miller
Jan
6874
70
21
1
General Capital Corp
6%
Feb
85
3474
_
Employers Group Assoc
First
National
Stores-
Feb
62
34
*
Inc
Lines
4
60
32%
«
Steamship
Eastern
100
4%
64
84
—
Jan
15%
preferred
Mickelberry's
Monroe
*
Boston Personal Prop Tr ust—..
58 74
850
Printing Co common.;
Jan
75
—
500
16%
Lindsay Lt & Chemical common
Jan
15%
100
.
Feb
15%
common.—
McNeil
Lincoln
Jan
43
130
4%
100
__
1st pfd st amped
C
Feb
5%
—1
cap__.
new
common
Switchboard
&
Libby
Jan
3974
39
39
Feb
13
41%
9
9%
1.
—
common
Cumulative
Jan
42%
RR100
11
170
200
59%
8 74
1,500
13
"6
14%
cap..
Pneumatic Tool
Salle Ext Univ
Leath
Jan
Jan
15%
common
Drug Co
Marshall
Boston
1274; Jan
2 %
41%
new
Harvester
La
Railway—
_
11%
13
V
8%
Bartlett common
Inc
Kellogg
Jan
40%
41%
13
;
-3
Co
Prod
Katz
High
Low
116% 118
118
:
Feb
59
common
Co
International
Range Since Jan. 1
Shares
High
32
3874
50
12%
common...
Indiana Steel
*
14474 147%
147%
—
_
_
Low
:■
200
for Week
-
Par
Spencer
Independent
Sales
Range
12%
574
Corp
Werner
Horder's
—
Dk
&
Brew
Hibb
Last
12%
common.:.:..
Brew
(G)
Hein
Friday
Jan
•
Feb
Hcilman
Boston Stock
Feb
2%
& Rubber Co
(W. H)
Co
Gossard
Jan
7
350
common-
Oo
Refrigerator
Goodyear Tire
Baltimore
Corp
Motors
7'%
150
2%
,11
11
America Inc—
Candy class A
General Finance Corp common-
31
29%
2%
General
General
■r
7%.
2%
;
1
Jan
3.25
16
High
-'Low
:
High
7%
-15
14 %
Feb
Feb
Range Since Jan. 1
Shares
i
-10
Elgin National Watch.
High
Feb
2.90
14'/a
100
160
25
31
52 %
41%
51%
__
20
National Bank
13 %
14 %
31
2
__50
Casualty
Fidelity & Guaranty
Western
Lew
2.90
14 %
100
Dodge Mfg Corp common
Domestic Credit Corp class A
Range Since Jan. 1
Shares
High
13
vtc
com
preferred vtc
1st
Low
Par
Bales
for Week
14 Vs
•
Arundel Corporation
Baltimore
Rant*
of Prices
Sale Price
STOCKS—
Exchange
WMk'i
FrUUy
STOCKS—
1474
100
14%
Feb
16%
Jan
16%
18%
400
16%
Feb
21%
Jan
10
800
9%
Feb
274
Jan
11%
2%
Jan
100
Jan
11%
Jan
9%
2%
274
■
'
11
Feb
Volume
169
Number 4779
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Cincinnati Stock
Sale Price
Par
Cincinnati
4%
Gas
Elec
&
Cine
&
Sub
Cincinnati
Tel
Union
,Ui.:
Warehouse-
—25
Stock
Formica
Art
Mfg
Co
Julian
&
Kahn
Kroger
-187
75.
75%
25 i-;.V
11%
:
100
Jan
73%
25
<•
6
i
Feb
Feb
11% Feb
-
76%
6
Feb
18
Feb
19
Ford
50
23
Jan
26 Va
32
44
Jan
49 Va
10
19%
Jan
21%
Jan
20%
50
20 V*
Feb
20%
Jan
47%
32
47%
Jan
47%
Jan
-
46%
95
_50
95
15
:
8
8
\ ' Ch\
-
Car
43%
30
3
15
_
8%
Jan
Detroit Stock Exchange
■0 ila
ii
is
■;
Jan
,
Jan
;: 95
A
v
Jan
Jan
Gamble
Brewing
•'
*
B
60%
60%
60%
Altes
8%
Jan
American
Burroughs Adding Machine
Chrysler Corp common
U
S
Playing Card—
U
S
Printing
*
Jan
8 %
Jan
58
150
57
Jan
58
Feb
Consumer's
37
52
37
Feb
39
Jan
Davidson
40%
Jan
43
Feb
Detroit
&
Products
43%
43%
3
%
26%
25
American Tel
Chesapeake
Ohio—
26%
25
24%
-
294
148
'32*
Feb
Jan
27 Va
Jan
143%
35
147 %
31%
31%
Jarr
150%
Jan
28 Va
Jan
--
31%
Jan
34%
Jan
41%
34
37%
Feb
46%
Jan
27%
10
26%
Jan
28%
Jan
10%
*
220
40%
27%
41%
__
City Ice & Fuel.
26%
24%
145
■■
25
Service
26%
-
106
&
Power
Bros
Co
pfd-
Gas
£
&
10%
*
11%
490
10%
3
Jan
11%
Jan
Southern
Jan
3%
Jan
7%
Jan
9'/a
Feb
Dayton
_1
Power
Federated
General
3%
—
Cur tiss-Wright ■
&
9%
Light
-
29%
Electric
9
9%
35
-,;■■
29%
115
26%
Jan
30
Feb
5
25%
Feb
28 %
Friars
Ale
Navigation
36%
36
35
59%
•
78
Feb
•57%
39%
Jan
Jan
62%
Feb
30%
Oil
30%
90
30%
Gar
Gemmer
Pennsylvania RR
27%
110
25%
3%
3%
50
—
—
16
■
Oil
Pure
Hoskins
common
Radio
_
*
Corp
12
_
Hudson
Standard
Brands
Standard
Oil
15
Standard
(N
Oil
J)
__X*-25
(Ohio)
50
16
3%
16
10
Jan
4%
Motor
Motors
Car
Kresge Co (S Si
Wines
Screw
Feb
17
Mid-West
Jan
National
Timken
U
Roller
8%
20
8%
Feb
10
25%
Feb
31 Va
Jan
12%
150
...11%
Feb
14
Jan
I
__
Abrasive
_
Stamping
.
Tel
Body._
&
Tel
Cleveland
$4.50
Cliffs
42%
:66
Feb
23%
33
72%
180
23%
50
Week's
74%
Jan
Feb
26%
Jan
40 Va
Jan
42 Va
Jan
69
Jan
78
Jan
23
•
Feb
26%
Shares
;
Electric
Illumin
3%
Mfg
-r
Rickel
(H
—
—
—
__
—
•
Railroad
Firestone
General
Tire
High
common
Paper-
2% Jan
13%
13 Va
360
13% Feb
5%
400
5%
Feb
5%
300
9%. Feb
12 V.
Feb
8%
Jan
1%
Jan
Rubber
&
Union
Investment
United
S
Shirt
25
Motors
commch
(Un)
Co
Goodrich
common
Warner
Aircraft
common-
(B
Ft
1 Vt
400
IV.
Feb
475
36 V.
Feb
210
1%
Feb
1%
Feb
1%
1%
1%
200
1%
Jan
1%
Jan
300
2%
Feb
3
Jan
Goodyear T & R
Gray
common—1__
Drug Stores
Halle
Bros
Industrial
^0
Feb
American
American Power &
Jan
150%
Jan
American
Radiator
&
&
_
Ref
34%
American
Tel
29 Va
2%
3
1%
1
1%
9,846
Feb
1%
Feb
3%
3%
200
3%
Feb
3%
Jan
2Va
2'/a
100
2'/.
Feb
2%
Jan
3%
3%
1,020
Jan
Rayon
&
v
lllme
Island
Lamson
McKee
&
(A
&
a29'/4 a30Vs
G)
115
National
28%
Feb
32 %
Jan
Avco
Jan
94
Feb
Baldwin
1
12%
Ohio
Tile
12
Feb
14%
Jan
Baltimore
Oil
(Un)
Mfg
Jan
Jan
Barnsdall Oil
129
57%
Jan
62%
Feb
Basin
__
Steel
U
Oil
of
»
Ohio
Steel
common
Van
Dorn
Iron
common
(Un)
10
• ?
_
40%
18%
Feb
16
56
Feb
-
-
10
.
;
-
21 Va
200
Oil
Works
Jan
Feb
45%
14 Va
Feb
19
20
Jan
Jan
Jan
225
37%
Feb
41%, Jan
34
305
32
Jan
34%
Jan
45
29%
Jan
33 %
100
11%
Jan
12%
Jan
10%
10%
393
10%
Feb
11%
Jan
34
V:
Warren
Refining & Chemical
Publishing
Youngstown Sheet <fc Tube
25
29
Feb
33
Jan
58
34
Feb
35 %
Jan
4%
70
19
Feb
4Va
590
Feb
page
42.
600
1
(Un)
Works
Railroad
Co
1%
Company
3%
Shares
Co
(Un)
100
a25% a26%
a26%
165
'
Bolsa
Chica
Oil
Co
8%
13 Va
Feb
14%
Jan
140
54
Feb
54
Feb
Jan
150
Jan
197
a__
146% 146%
__
a37% a37%
145%
145
36% Feb
37%
Jan
32%
534
32
35%
Jan
24%
24'%
320
27%
Jan
6%
7
659
a91% a92%
75
6%
a
6%
400
io% al0%
44
a9
a9
50
20%
4%
Feb
Jan
Feb
Feb
Jan
a41% a42%
__
15
75
15%
870
a32% a32%
__
10
a8%
a8%
a31%
a31%
a9%
50
a32
295
6
1,199
22"%
200
8%
8
8'A
1,697
38%
38%
38%
120
9
9
1495
8%
8%
8%
335
a54%
4%
11%
Feb
14%
Jan
Cons Chollar Gould
&
23%
Feb
27%
Jan
Consolidated
Co
39%
Jan
42%
Jan
Consolidated Engineering Corp
1
Consolidated
Liquidating Corp
*
Continental Motors Corp (Un)
Continental Oil Co (Del) (Un)
Creameries of America Inc
5
Crown
5
Feb
26%
Jan
100
70
69
Jan
8
Jan
1%
12
Feb
Feb
68%
235
67
•
Feb
78%
9
1"%
12
74
Jan
Jan
Jan
Feb
Jan
Zellerbach
Mng
N
Corp (Un)
Publishing Company
Curtiss-Wright Corp (Un)
Curtis
Y
400
70
20
3%
Feb
12%
Feb
—
Jan
Feb
10
Jan
40%
10
Feb
Jan
9%
14%
Jan
Jan
a—
3%
Feb
395
52%
Feb
56%
Jan
a39
36
38 %
Feb
45%
Jan
4%
485
4%
Feb
5%
Jan
149
16%
Feb
19
1
Jan
—
—
—
19%
Jan
11
126
10%
Feb
11%
Jan
16'A
125
16%
Feb
17
Feb
208
25%
Jan
26%
Jan
3%
3,885
Jan
3%
Jan
3
1.45
'
—
17% Jan
-1.50
300
1.20
Feb
1.50
Jan
22'%
__
17%
168
3%
__
•
18 %
16%
—t
1
Feb
8'% Feb
Jan
6%
22%
a25% a26%
3%
(Un)_»
1
Jan
33%
11
—
*
317
Feb
38% Feb
a__
Jan
al6% al6%
*
419
Feb
9
Jan
18% Jan
32%
4%
__
25
24%
Feb
5%
8
47%
a__
31%
21%
Jan
Jan
Jan
18 %
*"
40%,,-, r:
a__
4%
75c
a38%
—20
(Un)
Feb
32% Jan
13%
a52% a54%
__
__
(Un)
15
a3%
a3%
10
1
40%
23%
12%
42% Feb
a52% a53%
__
1
Corp
of
10%
9
5%
(Un).
Sav
Jan
Jan
3
21%
Preferred
Edison
7%
11%
50c
—15
Corp
Feb
Feb
1,0.75
2.50
Solvents
6%
11%
2,550
—
Corp
Columbia Gas System Inc
t
7% Jan
a__
3
*
Iron
Feb
70c
—25
&
Feb
6%
3
•
Fuel
24%
a__
52%e
*
Service Company
Clary Multiplier Corp
Feb
3
(Un)
Jan
—
a—
52%c
Caterpillar Tractor Co (Un)
Cessna Aircraft Company—
8%
32%
5
(Un)
Cities
Jan
20
830
*
Corp.
Ry Co
Jan
13%
a37%
Broadway Dept Store
Pacific
8%
a7%
a57%a58Va
Budd
Co
Jan
Jan
13%
2
—
(Un)
(Un)___
Feb
28%
7
100
1
Blue Diamond Corp
Boeing Airplane
High
3%
Jan
a7%
5
Commonwealth Edison Co (Un)
Commonwealth & Sou Corp
(Un)
67%
3% Jan
27%
a8%
a57%
5
Commercial
1 Va
1% Jan
1% Jan
a49% a50%
'
33%
—
Jan
12
Jan
a8%
^
———20c
Corp
17%
..
6%
11% Feb
6% Jan
Low
3%
1
Feb
100
Jan
Range Since Jan. 1
High
1
.
__
16
219
Jan
2%
Feb
Loio
100
136
8Vs
12%
Sales
13
16
71%
Feb
Jan
for Week
3
(Un)
Jan
415
4
6 Va
Feb
300
Range
6%
33%
12
'•
1 Va
Week's
a92%
Feb
72
Feb
Feb
27
-■
Feb
Jan
4%
1%
of Prices
—10
25%
•
__
Friday
(Un)_10O
650
1%
e
6%
10
1%
»
27%
8
_2
World
see
18% al8%
71%
__
footnotes
A.';'.-:
(Un)__30
Bendix Home Appliances Inc—
Bethlehem Steel Corp (Un)_
Chrysler
29
Feb
10% Jan
2% Feb
700
Jan
11%
.
s
v
5
Corp
Co__
Aviation
Borden Company
a29% a29%
Jan
1%
1
Jan
62%
13% Jan
-40%
200
,
20
a23% a24Va
_
24%
250
24 V8
(Un)
S
For
80
all% all%
Bros
Standard
200
4%
14
16
50
(Un)
6%
11%
4%
100
25%
Pennsylvania RR (Un)
Republic
18%
38
4 Va
———
6%
11%
*
(Un)_
Barnhart-Morrow Consol
Bendix
59%
34
i.1
Ohio
Petroleum
49%
a
Radio Corp of America
Richman
&
40
'4-'
6%
11%
10
(Un)__
Locomotive
Jan
.
•
(111)
Manufacturing
Feb
■29
*
—
&
Co
45%
35%
18%
Co
Top & Santa Fe Ry
86
Colorado
Acme
National
Armco
Atchison
25
a
Tel
Copper Mining Co
Steel Corp
(Un)
50
91
34
class. B—
200
1
Anaconda
Canadian
Medusa Portland Cement
875
2%
13%
Jan
18
10%
11%
2%
a49%
Jan
11%
1Q
11 Va
(Un)__*
16
Jan
Trans
Sessions
5%
4% Jan
3% Feb
450
*
(Un)__*
! 76
*
.
Kelley
250
5%
Co
Jan
Jan
19
—
926
3%
5%
San
Feb
38
Laughlin Steel (Un)
26%
3%
Light Co (Un).
74
50%
34
Jones
3% Feb
Angeles Stock Exchange
(Un)
13%
42%
a
&
Inc
870
Feb
(Un).
26
1
Corp (Un)
American Woolen Co (Un)__
Feb
s.5
26
.4
_
Viscose
25
Airlines
121
46%
al3% al4
__
—■
95c
Jan
31%
Jan
46 V*
a
Feb
38
3
1
St
Smelting
Jan
143
40
a41% a41%
j.-__
common
——
Par
Jan
40
14%
Feb
2%
_
_
Alaska Juneau Gold Mining Co
Allis-Chalmers Mfg Co (Un)
3%
37%
a59%
—
6
36%
common— 4
16%
•
common.-—____
1,365
1%
common
Feb
65
a
Jan
IV.
—A
Jan
98
a59 % a60
'7'—
•_»
6%
Sale Price
a47% a47Vs
—IlO
(Un)
10
6%
2
common.
3%
'
Glidden
5%
10
5%
Wayne Screw Products
a36 % a36%
(Unl—_
5%
Feb
Jan
14
36V#
_
Distributors.
Radiator
Bandinl
(Un)
common
——,
_
14%
61
al2%
Electric
General
145%
76
91
(Un)__
Jan
2% Feb
•
11%
W)
Raisin
Armour &
__
5%
350
9
Range Since Jan. 1
a46 %
2
Feb
2%-
Davis 1
100
a32
Controller
Electric
Erie
—
a
75%
15
Feb
3%
Last
a39% a39%
—
Chemical
Eaton
145%
-
•
Jan
61%
2%
Parke
205
15
i14'/8
14%
100
com
Feb
9%
Jan
6
—
'■A
Loud
a27% a27%
--
6%
Jan
5% Jan
Stocks—
High
a32
1
_
Jan
8 Va
59 V.
for Week
of Prices
a
—•
5%
600
243
9
59%
Jan
Sales
3%
25
Jan
Jan
200
50c
_
Exchange
Range
*
common.
preferred
Cleveland
Dow
Iron
—
65c
20%
1,212
Standard Tube class B common-
14%
100
(Un)
Chesapeake & Ohio RR
City Ice & Fuel—
Jan
4
Scotten-Dillon
23
3%
Jan
1
Jan
71%
_5
-
Jan
4%
6
2
American
American
&
9%
6
_
American
Amer Coach
Feb
Feb
3% Feb
3%
_
__
Jan
Lorn
50c
1,980
8
1,800
1
common
17 Va
Last
Mfg
6%
6%
3%
1
21%
Friday
Brass
18 Va Feb
665
22
1
common
Los
Akron
50c
250
■v
2
_
Jan
36
Sale Price
200
18%
6,593
10
_
common
common-
Feb
213
Par
65c
18 Va
I
17%
Cleveland Stock
STOCKS—
Jan
8
—
15%
68 %
'V
5%
Jan
3%
•
76
24%
—lii
Feb
Jan
20 Va
3%
6%
1
common
40
66%
72
6
4%
300
106
Jan
8
-2%
18%
42%
♦
5
Feb
'-5%
21%
21%
Jan
I
15%
23%
—
•££-__ •__I2,50
_•
106
200
Jan
115
68 %
,»r. '
Bearing—
Steel
s
4%
IV.
Jan
21%
m
U
Westinghouse Electric
20
5%
8%
common
Products
Mfg
Jan
27%
24%
10-
—
106
1
Jan
1
15 %
—
Feb
106
59%
.
18%
*
Jan
-i.—
1
Kaiser-Frazer
Kinsel
Drug common-
River
SocOny Vacuum Oil
Jan
57
_—1
Manufacturing
McAleer
11%
27%
_
16
Feb
—10
new
common
Electric
Jan
8%
*
_
Feb
53%
100
65c
Graham
Masco
25%
_____
_
_
14%
290
1
Jan
Jan
10%
Feb
18%
Packard Motor Car common
Pepsi-Cola
150
53%
__
Corp
Brewing common
Paige common
Goebel
31%
Feb
__
_
14%
53%
I
common
Manufacturing
General Motors
Jan
6
_
14%
106
common___
Industries
McClanahan Oil
Packard Motor Car
8%
1
20
Trailer
Wood
34%
Feb
27%
27%
650
14%
5
.
common
Fruehauf
LaSalle
Ohio
8%
2%
6
Jan
59%
■
8%
3%
Howell
25%
36
-iuL
......
50
29%
*
General Motors
3%
25%
*
Dept Stores
>
2% Feb
5% Jan
5%
Gerity-Michigan
Columbia
Commonwealth
230
8%
■;
200
5% I;/!-
common-
Cleveland
High
2%
5%
t
common—
Detroit-Michigan Stove
*
__
2
Edison
'
Stocks—
Stores
Cities
66%
Jan
57%
37
-50
Unlisted
Feb
7%
37
10
common-
Preferred
Allied
60%
18
Low
r
2%
#
Metal
Range Since Jan. I
High
5%
—I.
1,025
8
Low
Shares
53%
Jan
8
^
:
for Week
1
common
Detroit
class
Sales
Range
ef Prices
Par
Electric
■17%
-
Week's
Safe Price
Jan
95
Allen
Feb
140
48%
,
WttmMj
Lm£
Brown-McLaren
&
DETROIT
Telephone: WOodward 2-5525
Feb
21
18%
45
Gtd
Motor
Procter
Building
Jan
46%
Chicago Stock Exchange
STOCKS—
Magnavox Co
Randall
Exchange
Jan
25
47%
21
50
pfd.
12
21
—
New York Curb Exchange
Exchange
12% .Jan
20%
5 %
Detroit Stock
Jail
-
46
10
■
New York Stock
Jan
30
192
6
;
18%
25
r
*
common
Members
Jan
7%> Jan
•
Jan
13
50
.
29%
102%
<
Jan
common.
Miami
Meteor
5%
«•
Sons
/
Co
Little
975
Kokenge
E)
(
<
25
Watling, Lerchen & Co.
■
.—10
.
—«.
Hobart
6%
.
18
High
Jan
6
11%
Insulation
Gibson
27%
••
Yard-
Dow
DTug common
Eagle-Picher _^___
161
29%
-s%
...50
FEBRUARY
Range Since Jan. 1
'Low
102% 102%
25
—
Bell
Shares
High
28%
_100
100
Tobacco
Cincinnati
LOW
_8.50
8.50
common
preferred
Cincinnati Street
EXCHANGES
ENDED
for Week
of Price*
.
35
Sales
Range
Last
STOCKS—
WEEK
(831)
Exchange
Week's-
Friday
FOR
CHRONICLE
22'%
314
22 %
Jan
22%
Jan
7
7%
219
6%
Jan
7%
Jan
17%
17%
640
17%
Jan
17%
Jan
6%
6%
100
8%
Jan
»51%a51%
10
55%
Jan
a8%
6% Feb
55
Jan
a9
115
9
Jan
a24% a24%
194
25
Jan
27
Jan
100
6
Feb
7
Jan
7%
Jan
9%
Feb
*
—
6
6
1
9
9
9%
1,320
9%
Jan
'■
36
THE
(832 >
FINANCIAL
COMMERCIAL
OTHER STOCK
RANGE
Friday
Aircraft
Dresser
Industries
Inc
Farmers
Ltd
Co
class
A
Tele
Radio
&
485
50%
Feb
56%
Feb
25
20%
Jan
21%
Jan
22
11
Feb
12%
Jan
21%
Feb
22 31
Feb
50c
Feb
65c
Jan
(Uni—
Co
Electric
General
55c
306
1%
__
306
1%
10%
——
10%
36%
—
350
22%
50c
1%
—2
Corporation
Garrett
21%
—.
1
Corp
Low
High
22%
Nat'l Bk__100
Merchants
and
Farnsworth
(Un.i—*
—1
Light Corp
&
Power
Oil
Exeter
2,100
10
36%
915
429;
High
1%
10
310
Feb
7%
Feb
36%
10 %
Feb
39%
Jan
Union
Oil
Jan
Union
Pacific
Jan
Jan
California
of
RR
Foods
*
10
:—5
Corp common
General Public Util Corp (Un)
Gladding
McBean
Goodrich
(B
Co
&
__
*
Motors
General
59'A
25
(Un)__
Corp
—
63
a40% a41%
59% 59%
12% 12%
a23% a23%
__
__
42
Jan
42%
Jan
57%
Jan
62%
Feb
1,094
182
11 3
25
23 3
8
Jan
12%
Feb
4
Feb
25
Feb
2%
100
330
210
fa
Feb
6%
Feb
20(4
Jan
21
Jan
Feb
United Aircraft Corp (Un)
United Air Lines Inc (Un)
Corp
United
States
United
States Steel
Co
(Un)
Feb
41%
Jan
Feb
30 %
Jan
82%
Feb
86
Jan
a23
75
22%
Feb
23
Feb
Feb
12%
Feb
a23
12%
12%
12%
286
__
2%
2%
700
2%
Jan
a39%a39%
92
2% Jan
39% Feb
10
39%
Feb
71%
72%
l,06i
69%
Jan
77%
Feb
36
36
150
35
Feb
41
Jan
a39%
Corp
•
OIL. Co
10
—
Universal
Consol
__
Warner Bros Pictures Inc (Un)
F)
(Un)
Co
Hancock
Oil
class
Co
International
—
a6%
10
a46
a45%
Feb
3%
Jan
Willys-Overland
150
38%
Feb
39%
Feb
Woolworth
90
10%
Feb
11
Fell
118
Jan
335
100
106
106
9"v , 9
3
3(4
--
100
9
1,200
3
10
alO
140
6c
18,000
7%
5,135
1.05
9
1.40
11,744
29
29
315
a46% a47%
Feb
"
29
64
a__
a9%
(F
Kennecott
1
Corp
Corp
(Un)
Copper
9%
Laclede
Gas
Light Co
(Un)
Loew's
Corp
(Un);
Inc
Angeles Biltmore Hotel Co
Los
4%
Feb
13
Jan
Oil
Mascot
Company
7%
Feb
10
1.00
Feb
31
Feb
a__
—
Manufacturing
Merchants
--
__
Petroleum
—
1
Nash-Kelvinator
National
Central
York
Nordon
American
North
Petroleum
Occidental
Oil
Oceanic
Corp—
Co
Pacific
Gas
Elec
&
Calif
b'/c
American Stores
red
Pacific
preferred
.
Jan
17%
2'2
10%
12c
a9%
Feb
Jan
11%
716
14c
Jan
Jail
75
10%
12c
9%
80
7%
26c
8
Feb
16%
7%
600
25c
7
18%
Feb
13%
Feb
Jan
Jan
Feb
20c
Jan
Feb
11%
Jan
Jan
17%
Feb
Feb
11%
Jan
Feb
33c
Jan
26c
100
2.10
5,585
2.00
Feb
2.65
Jan
25%
270
25%
Feb
32%
\
100
Jan
al9
19
American
Pan
32%
1,022
30%
Jan
33%
div
$1
Philco
Electric
preference
Corp
18/32
Feb
18-32
125
30%
Feb
32%
30% '
27%
27%
a58
(Uni
—
27%
Feb
27%
Feb
28%
56
51%
Jan
55%
Pullman
Oil
Pure
Radio
(Un)
Inc
Feb
53%
(Un)
Co
3%
Feb
4%
Jan
a8%
35
8%
Jan
9%
Jan
51
Corp of America
(Un)
Radio-Keith-Orpheum Corp
(Un »
Republic Petroleum Co common
Republic Pictures Corp (Urn
Republic Steel Corp (Un)
I.'
-
'
111
23%
Jan
24
Jan
al5% al6%
193
16(2
Feb
17%
Jan
8%
9(4
a45a47%
412
8
Jan
9%
Jan
285
49
Feb
a47%
24
al7
34
19%
Jan
20%
Jan
32%
230
32%
Feb
34
Jan
26%
27%
415
all% al2%
126
8%
21%
8%
22%
200
225
20%
Feb
2%
2%
200
2%
Jan
24%
27
—*
1
24%
783
23%
Feb
27%
Jan
200
3%
Feb
5%
Jan
.
__
8(4
1
22(4
50c
& Gas
24%
*
Company
Rexall
Drug
Rheem
Manufacturing
Ranch
Inc
2.50
Co
St
Regis Paper Co
25%
11%
31%
Feb
Scott
Paper
Oil
Sun
United
El
Schenley Industries Inc
Seaboard
Seaboard
Oil
of
Co
:
Jail
14
Feb
8%
25%
3
Jan
Jan
Jan
Del
(Urn
Sears Roebuck & Co
Security
Shell
Union
Oil
*
Trading Corp
Signal Oil & Gas Co new class A
Signal Petroleum Co of Cal
Jan
30%
Jan
Feb
6%
19%
Oil
Socony-Vacuum Oil Co Inc (Un)
Solar
Aircraft
4.88%
4.56
Co
8%
Gas
&
27%
Jan
17%
8
100
27
60
27%
17%
1,348
16%
a37% a37%
48
a
34%
34%
371
48
49
65
8
a
a__
—
34%
Feb
39%
United
Gas
_
.
com.
46
Feb
50%
60
16
179
a31% a32%.
Westmoreland
Allegheny
Inc
Blaw-Knox
18%
1.291
17%
Jan
18%
Fell
16%
15%
16%
1,767
15%
Feb
17%
Jan
34%
32%
34%
443
327a
Feb
36%
Jan
21%
22%
2,931
20%
Jan
22%
Jan
25 3
a
298
23%
Jan
25%
Feb
33%
34%
428
32%
Feb
40%
Jan
21%
21
21%
1.016
20
Jan
21%
Feb
27%
27%
27%
389
26%
Jan
28
Feb
20%
21
215
20%
Feb
23%
Jan
47%
48!«
59
46%
Jan
48 7«
Jan
52
w
'
—
Feb
60%
245
2%
Jail
2%
Feb
.5
44%
44%
100
44%
Feb
44%
Jan
18%
18%
268
18%
Feb
19%
Jan
20%
20%
72
20%
Feb
20%
Jan
-13 %
18 3 4
10
...
__
Week's
Joy
Steel
Star
Low
Fuel
5
$3.50
San
Screw
Bolt
&
Standard
United
Steel
24%
Jan
Feb
10%
Jan
60
21 %
Feb
23 %
Jan
9
21%
21%
38
37%
38
35%
Feb
39 %
Jan
23
22%
23%
279
21%
Jan
24
Jan
19%
20
409
18 %
Feb
23%
Jan
3
650
2%
Jan
3%
Feb
2%
200
2%
Jan
2%
Jan
R I',
2%
2%
33
70
•
Feb
155
to O
28
Jan
34
149
34
30%
30%
Feb
35%
1
7C
14%
525
8%
6c
14%
3.500
50
Feb
8%
Jan
Feb
9c
Jan
14%
Jan
16%
Jan
5%
5%
100
5%
Feb
5%
Feb
30
*
12.50
29%
30%
730
29:%
Feb
34%
Jan
22%
23 3
361
22%
Feb
26%
Jan
Feb
24%
Jan
Brown
1,880
19%
Feb
23%
Jan
Coca-Cola
15%
15%
642
15%
Feb
17%
Jan
Falstaff
Brew
100
9%
Feb
9%
Motors
Sales
Range
for Week
Low
High
145
High
147 %
425
143
Jan
150%
Jan
9%
9%
100
9
Feb
9%
Jan
30%
30%
40
30%
Jan
31%
Jan
27%
27%
100
27%
Feb
30
Jan
25
25
25
25
Feb
25%
Feb
24
147
3
Range Since Jan. 1
Shares
of Prices
24
200
24
Feb
25 %
Jan
Jan
Electric
Exchange
Low
mo
& Tel (Un)
a
Week's
Sale Price
Bldg & Eqpt common
20%
15
__
Shoe
Industries
Bottling
1,421
29%
Jan
30%
Jan
General
—
27%
28%
970
2734
Feb
28%
Feb
General
28%
28%
29
937
28sb
Jan
29 %
Jan
Griesedieck-Western
28%
28%
817
28
Jan
29
Jan
Huttig S
311
24%
Jan
25 3g
Feb
Hydraulic
Jan
•
a35% a37%
59
90
36%
Feb
37(b
Feb
a18%
a)9
87
17%
Jan
21%
__
27%
—
-
—
Shoe
&
Brick
Pressed
Preferred
_
International
35%
Feb
40%
J<U1
184
57%
Jan
62%
Feb
26%
6
22%
1
common-
«
al9
59%
1
.
—
1,337
17'8
Jan
2%
Jan
21
Jan
25
Feb
75
407'a
Jan
44%
Jan
2%
Feb
2%
9'%
Feb
12%
Feb
230
25
42 %
2
%
50
9%
60
Feb
10
Feb
Jan
Laclede
Gas
common—
...4
6%
Jan
Laclede
Steel common.
-20
211
16%
Feb
21%
Jan
Meyer
Laclede-Christy
Blanke
456
p%
Feb
11%
Jan
160
10%
17%
17%
Feb
19%
13 %
Feb
2,175
110
32 V2
Feb
34
Jan
17%
35
17%
Feb
18
Jan
20'A
3<J0
20
Feb
21%
Feb
17
231
16
Jan
17
Jan
22
22
Feb
22
Feb
•
«
Piping <fc Supply common
500
6%
•12%
common
—
Missouri Portland Cement
128
28%
Jan
30
50%
341
49
Feb
5,4% Jan
58
58
356
58
Feb
61
Jan
Scullin
10
315
10
Feb
11
Jan
Sears
14%
208
14%
Feb
15%
Jan
21%
22%
354
21%
Feb
Stix-Baer
11
25%
11%
Jan
10%
Jan
Wagner Electric
,
.
«.
5
Jan
6%
Feb
Jan
Feb
common
12%
22
12%
vJan
72%
32 %
16%
5
40
57s
20
67%
Feb
10
:
11
Feb
75
2(8
h
17%
Feb
Feb
14%
.
Feb
39 7
32%
56%
^
10
Jail
22%
Jan
9%
—
37%
17%
*
28 Va
Jan
38%
2%
_
66%
•»-.
a29% a29%
—
Foil
19%
50
42
%>■
Johnson-S & Shinkle common
50%
50c
25%
730
39
2%
42%
188
10
—
40
22%
24%
common
common.
26%
22
2%
475
10 (s
a29%
267a
39
A.—L
Shoe
Shoe
185
59%
5
__
-
.
37
58%
1
(Un)
Brew
.
35%
59%
•
—
common-
D common
37
10
(Un)
common
common
66% 66%
al6T« al8%
*
-2
/
Jan
57(4
—
25
Transamerica Corporation
•
-
a36% a39%
—
1
Tidewater Assoc Oil Co (Un)
—
V
9%
a37%
1
common
30%
*
1
common_
9%
*
1
common
30%
•
15
common
30%
%
Jan
7%
6c
23%
—1
common
33^
8
Last
19%
20(4
25
4,549.
10.., Jan
1
Jan
Feb
9%
STOCKS—
Clinton
25
Tor footnotes, see page 42.
10
21 %
Friday
Jan
1
—
Feb
17
41
Si. Louis Stock
Midwest
Preferred
1C0
9 %
*
1
Brake
Electric Corp
28c
25
common
Jan
93«
30%
Spring
Feb
25
Inc
Jan
11'A
21%
10
Air
20c
(Un)
Textron
14%
Jan
9%
~2%
Corp
Glass
States
Westlngnouse
Westinghouse
1,500
(Un)
(Uni
Feb
9%
—5
*
*
.
Mining
Toy
22c
(Ind)
Co
12%
10%
11%
21%
10
Pittsburgh Plate Glass
22c
1
Standard Oil Co (N J)
Sulphur
Jan
45
332
13%
1
preferred
Johansen
Gulf
9%
*
Co
Nat Fireproofing Corp
Pittsburgh Brewing common
20%
49%. Jan
Texas
26%
lo
Supply
142
Feb
(Un)
Feb
10;%
10%
High
231'2
20
24%
10
3,000
41%
Co
Low
High
12%
•
Range Since Jan. 1
Shares
24%
*
Gas
9c
860
Company (Un)
Mr Week
1
Manufacturing
Lone
21%
44%
&
Sales
Range
of Prices
Sale Price
Harbison Walker Refractories com
9c
43
Texas
Jan
106
2%
Brewing
21%
43 %
Swift
-
54%
Brewing new common
Pitt
9c
355a
Sunray Oil Corp common
4%% preferred "B"
Feb
7%
24%
22%
.
*
21%
Feb
(Un)
\
2%
Fcllansbee Steel Corp
Fort
Bank
34%
Studebaker Corporation
V
52%
Electric
&
American Tel
124
Calif-
>
34%
■
w.-v
Co
Jan
25
of
Jan
17%
a
Gas
Feb
35
Co
Jan
l"8
18%
—50
Columbia
10c
35
Oil
Jan
11%
Jan
y
_
Ludlum
33%
class A___25
Standard
Feb
17%
Jan
Last
Jan
25
Standard Oil Co
62%
.
14
Friday
Feb
25
Southern Railway Company (Un)
Standard Brands Inc (U11)
Feb
6%
STOCKS—
9c
—
Company—
Feb
10%
Pittsburgh Stock Exchange
31%
25
Pacific
Jan
16
10
460
4
20
Par
preferred
Southern
57%
16
10 3
Feb
4.32%
pfd
Jan
981
,
..
25
6%
Feb
51 (a
iV.
;
Improvement
Jan
—
Co
19
Feb
2,637
58%
—
25
Gas
Jan
47 (a
7%
Jan
8
preferred
Calif
Feb
Feb
16%
75
516
19
47%
6%
a
Jan
17%
4.48%
So
7%
5%
1,023
6%
5%
47%
a
25
preferred
Jan
——1
•
Ltd com—25
preferred
Jan
57%
"7%
common-
Jan
Jan
5%
250
1
Calif Edison Co
Southern
65%
Jan
10%
•
common
25c
*
Corp
Jan
51
16
*
Co
General
Sinclair
Jan
63
445
Jan
Feb
500
__
Feb
114
106
10
54 %
Jan
Jan
5%
19%
49
15
Corp
25
19
__
30
Sierra
Jan
5%
—
•
Company
Jan
70c
1,120
17%
Jan
19%
27%
a26%
5
Jan
Feb
26%
17%
Jan
19%
500
1.75
1
63%
109
Jan
65c
84
65c
__
1
Co
Finance
4%
275
4%
65c
19%
5
Jan
10
.
Dorp
preferred
$3
Pitts
__
5
12%
59 %
3
$1.40 div preference
Reading Co common
Mountain
Feb
8
27
__1
(Un)
3%
al7% al7%
__
*
Inc
Stores
4%
—
1
Aeronautical Company
Safeway
3%
al7%
1
Oil Co
Richfield Oil Corp common
Ryan
3%
1
Feb
50
•
Oil
10%
8%
Jail
al7
.
Reserve
Rice
53
32(4
32%
*
Feb
Jan
86
Jail
910
__
*
23%
150%
18%
•
,
Public Service
Feb
a8%
al5%
Jan
Jan
6%
Jail
333
24
(Un)
Co
RR
21%
143%
47%
Feb
27 %
3%
1
50
Pepsi-Cola
Co
(Uni
33 %c
Phelps Dodge Corp (Un)
-.25
Puget Sound Pulp & Timber Co.—
*
Pennsylvania
High
55
1,645
52%
54%
"
Duquesne
Paramount Pictures Inc
Lov!
16
common
Jan
100770
3%
a8%
Range Since Jan. 1
Shares
63%
1
common.
Feb
19
a50% a51(4
3%
c
"H
«<
common
Feb
100
30%
27%
27(4
a58
a51
*
(Uni—2(4
Airways Corp
*
'
-
22-%
It /
109
Par
Pacific Lighting Corp common
Packard Motor Car Co (Uni
Jan
Jail
32%
27%
Jan
Jail
18/32 18/32
10
8
8%
10%
>
5
Navigation
National Power & Light
Philadelphia
1.80
14%
Feb
It".
-'4
i
10
&
Jan
Feb
11,200
a9%
'
•
High
22%
22%
It
10
Brothers
Feb
3
Feb
7
Gimbel
Corp
Pennsylvania Power & Light
Pennsylvania RR
Pennsylvania Salt Mfg com
1.60
17%
«|
■
■
■
Low
*
ftnnroad
___
al8%
—
7%
47%
"
Lehigh Coal
2.uo
__
Feb
Sales
-13%
Storage Battery
General Motors Corp
13%
164
551
Delaware Power <fc Light com
Electric
Jan
25%
__
Jan
Feb
for Week
13
Works
55%
Feb
7
17%
Locomotive
1.05
Jan
52%
35
' s
♦
Range
Securities Corp common¬ —50
50
participating preferred
2%
Chrysler Corp
*
Curtis Publishing Co
Feb
a__
—
330
400
46
Week's
er
17%
Feb
306
7
17%
32%
26%
Feb
6%
20
140
of Prices
100
26 %
Feb
85c
a__
3
;
25
25
25
Indemnity Company
25
53(4 53%
1.60
1.70
al3% al3%
18/32
-
295
<fc Tel
Jan
Jan
—
a—
22%
Sale Price
•
16
Jan
3
.
Par
18%
.
2%
2.10
25
preferred
b%
Jan
1.90
8
10
Rights
5%% preferred
Jan
14%
al6% al6%
1
—1
common
Pacific Finance Corp of
16%
Feb
—
*
Ohio Oil Co (Un)
165
520
Jail
Jan
Feb
a9%
1
Northrop Aircraft Inc
1.45
1(2
10
(Un)
Co
8%
Jan
Feb
1.30
11%
(Uni—1
Jan
1.20
6
785
—
1
Ltd
8
100
Jan
900
—
*
(Un)_
RR
Corporation
American Aviation Inc
-North
Jan
1.50
__
Corp'(Uni—*
Distillers Prod
National
New
5
—1
Corp (Uni
City Lines Inc
Jan
46%
1,000
—
• ;
.
Bankers
56%
1.35
53%
1.70
Monogram Pictures Corp
Feb
11%
Feb
a„
250
Last
Baldwin
Feb
5
37
—
v..*''
.
STOCKS—
Jan
100
1.50
Montgomery Ward & Co Inc (Un)—*
Mt Diablo Oil Mining & Dev
1
9
Feb
Feb
10
•
Jan
95c
a33
1%
__
1
9%
-
50
*
Philadelphia Stock Exchange
Feb
95c
a33
1%
—
!
Jan
al5% al5%
al5%
1
Co
Co
5%
150
17%
16
25
(Un)
Friday
1.40
50%
8
17%
16
25
—
18
(Un)
McKesson & Robibns Inc
Mbnasco
1
*
20
1,706
11%
23 %
a6%
a46
22%
'
Jan
40%
1.30
Inc
(Uh)
7%C Feb
790
8
CO
Jan
229
1.20
__
1.30
1
1
(Un)
Magnavox Co
—
10c
Petroleum Co
Lockheed Aircraft
42%
4
7
(Un)
McNeil & Libby
Libby
Lincoln
—
5
10%
al5% al5%
Jan
Feb
2c
1,705
6%
6(4
a47 a48%
41 42%
6
6
6(4
*
County Land Co
Kern
(Un)
Motors
W)
American Tel
Kaiser-Frazer
(Un)
?.
5c
a47Va
Co
Jan
—
—15
(Un)
Co
Paper
23%
100
9
1.40
(Un)_*
al5%
*
1
Tel
2%
;
10
Corp
Petroleum
Intercoast
International Nickel Co of Can
11%
♦
Union
Westinghouse Elec Corp
39%
—
33 %c
Independent Exploration Co
Jan
2%
__
25c
45
5
Western
a—
39%
__
,
y
a—
al0% al0%
—
•
Co
Motor Car
Hudson
Imperial Develop Co Ltd
59
39%
5
1
Holly Development Co
80
al0%
•
A common
Hilton Hotels Corp
a57% a59%
a407/a a41%
Goodyear Tire & Rubber Co common—*
Graham-Paige Motors Corp (Un)_
1
Great Northern Ry preferred (Uii)_—*
Greyhound Corp (Un)
3
100
27
11%
1
Rubber
37
25%
90
26
—
10
(Uh)
Jan
ft Feo
7%
1,069
a37s/« a38%
27
__
5
6%
21
Feb
a82% a83%
—
50
: 12%
151
-fe
Feb
42%
(Un)—*
High
.
11%
A
6(2
21
21
common—_23
Range Since Jan. 1
Low
High
11%
—
*
Shares
11%
—
1
(Un)
Co
United
General
5
(Un)
for Week
Low
Rights
Tri-continental Corp (Urn
Twentieth Century-Fox Film
Sales
Range
of Prices
Par
Transcontinental & Western Air
Union Carbide & Carbon Corp
Jan
305
6,449
;%w:
Week's
Last
Sale Price
STOCKS—
ail% all°«
all-;«
18
Range Since Jan. l
a20% a20%
__
5
(Un
Electric Bond & Snare Co.
Electric
50c
,
FEBRUARY
Friday
Shares
56%
—
EXCHANGES
ENDED
for Week
Low
*
Inc
Co
Range
of Prices
50%
Par
Douglas
WEEK
Monday, February 21, 1949
Sales
Week's
Last
Sale Price
STOCKS—
FOR
CHRONICLE
"
St
Louis
Car
St
Louis
Public
Steel
common..
Service
.
class
A
common
Roebuck
&
Co(Un)
-Sterling Aluminum
&
—
Fuller
common—
common-
common—
10
22
'
■V'-'A,;A
5
Jan
5%
5%
570
4%
Jan
5%
c
16%
16%
100
16 %
Feb
19 %
Jan
«
34%
35%
120
34%
Feb
39%
Jan
12%
12%
75
12%
Feb
15
Jan
70
13
Jan
13%
Feb
551
40
Feb
46
Jan
__50
1
5
—15
w.-
r
■
'
-
41,,;..
13%
13%
40;'
41%
.
'
Volume 169
Number
4779
THE
COMMERCIAL
OTHER
Friday
Week's
Range
Alleghany
Co
Corp
American
(Un)
(Un)
Power
&
(Un)__
1
Viscose
American
Women
Anaconda
Copper
Anglo
California
Atchison
Atlas
Imperial
Avco
Mfg
Ealdwin
Bank
Santa
Diesel
Corp
Bendix
Home
Bethlehem
Bishop
(Un)
N
•
(Unt
3%
Iron
Solvents
(Un)
Gas
of
(Un)
•
Y
Co
First
5
Inc
Mfg
Co
Oil
Co
of
Aviation
9%
Feb
North
American
Co
J
(Un)
Jan
North
Amer
10
Feb
14%
Jan
North
2.60
Jan
Northern
22%
Feb
Feb
40%
49%
40%
Feb
Feb
50%
Jan
25
25%
Jan
25%
Co
(Un)
Paint
34%
Chemical
Co
(Un)—
—•
(Un)—^
Corp
Ltd
__
•
common
__
•
F>
Co
7
Jan
8
Jan
Pacific Can
'6
Jan
7%
Jan
Pacific
44
100
44
(Un)
Feb
46%
Graham-Paige
North
Greyhound
Motor's
Ry
Corp
Hale Bros Stores
(Un)
non-cum
300
15
Feb
20
Feb
30%
399
30 %
Feb
36%
Jan
6%
a54
l
52%
Feb
54
Jan
5%'/<
Pac
Gas
pfd
al2
1st
Inc
25
10%
Jan
10%
Jan
13
561
12%
F.eb
14%
54
Feb
55%
Jan
Pacific
Light
Portland
25%
Feb
30%
Jan
Pacific
Public
95c
Feb
1.80
Jan
1st
34'%
Development
Sugar
31%
268
5,979
Co
Co
742
31%
Feb
Te)
6%
130
6%
Feb
8%
Jan
30%
777
30%
Feb
32%
Jan
Packard
Corp
54
145
52%
Feb
57%
Jan
Pan
13
Idaho
Maryland
Idaho
Power
Mines
Corp
Co
American
Nickel
of
International Tel & Tel
(Un)
Corp
(Un)
Corp
Copper Corp (Un)
Kaiser-Frazer
44%
Jan
45
28
Feb
Paramount
16%
200
16%
Feb
18%
Jan
Park
Feb
19
"
Jan
Jan
605
18
70
a__
15
17
a__
Jan
17
footnotes'
see
page
42.
Jan
10%
Jan
10% all %
205
11%
Feb
12%
Jan
9%
Feb
16%
a
14 %
73%
6 51,
9%
a
73%
43 %
a
250
17%
23
a_^
Jan
11
a—
—
-----1
73%
73%
2.10
Feb
76
Jan
1,042
41
Feb
60
Jan
15 '4
165
15 %
Feb
15%
Feb
2.10
a
12
43%.
41
14%
100
2.05
Feb
2.65
Jan
45
30
Jan
33
12
12
245
12
Feb
13%
4
4
30
4
Feb
a26-a27%
Jail
%
6%
50
5
Jan
7%
7%
150
7
Jan
8 VB
Feb
Feb
5
1,250
4%
Feb
6
Jan
32%
6
•
~
5
.
Jan
Jan
5
4%
•
32%
6 Vo
33%
Feb
32%
7,298
1";
%
13,587
Fcb
%
Feb
33'%
34
1.346
33%
Feb
35%
Jan
a30% a30%
2
30'%
Feb
32%
Jan
34
__
27%
10
(Un)
30'%
Jan
1"
52%
27 %
27%
1.193
27%
Feb
28%
Jail
a50 % a51%
334
50%
Feb
54
Jap,
58
Jan
50%
52%
319
50
Feb
*
15%
16
413
15 %
Feb
16%
Jan
24%
24%
500
24%
Feb
25
Jan
89
Jan
100
(Un)
•
93%
94
Feb
95%
a137
al37
7
135%
Jan
138%
Jan
3%
3%
680
3%
Feb
4 %
Jan
8V4
8%
362
8%
Feb
914
Jai^
17%
317
16%
Feb
20
a23 a23%
75
23%
93%
3%
•
•
'Un)
Mines
1
10
867
2%
Jan
3%
170
25%
Jan
26%
Jan
Pulp & Timber
266
22
Jan
23
Feb
Pure
common
18
6%
70
9
42%
Jan
6%
Feb
150
595
a.„_
___
8%
43%
Jan
Co
Feb
4
2
Jan
2%
Jan
16
16
125
16
Feb
17%
Jan
Jan
8%
8%
150
83
a
Jan
9%
_25
47%
47 %
190
47%
Feb
49 %
Feb
52 %
Feb
56%
Jan
•
a56
53%
56
220
6
6
91
17%
18
610
17%
Feb
21%
Jan
826% a26 %
50
25 %
Feb
31
Jan
957
11%
Jan
a
7%
(Un)
•
(Un)
17%
*
a
Feb
6
Feb
6
Jan
8%
Oil
24Vb
al%
3314
3%
22%
Jan
Jan
al%
50
(Un)
26%
Jan*
17%
a23%
1
(Un)
Phelps Dodge Corp (Un).
Phillips Petroleum Co cap
Pig'n Whistle conv prior pfd
Jan
Radio
Corp
of
(Un)
America
9%
325
15
325
Feb
24
24%
1,625
24
Feb
27%
94
94
325
•
11%
Feb
14%
Radio Keith Orpheum (Un)
1
Ry Equip & Realty Co Ltd common—*
a__
8%
812
814
160
7%
Jan
8%
714
714
7%
265
7%
Feb
7 V2
53
53
Preferred
Jan
■
100
11%
—
12
66
Jan
50
5
/
Jan
Feb
Ja 11
Feb
Jan
Republic
Petroleum
941/4
33
5%
5%
125
9
9%
1,280
9%
9%
181
Jan
Richfield
Oil
9%
9%
237
9%
Feb
5
Jan
Riverside
Cement
5
100
5
Jan
6
Co
1
*
22%
22%
100
22
Feb
25
Jail
2414
24 %
812
24
Feb
26%
Jan
36%
a37
185
35%
Jan
36 %
Feb
17%
410
17%
Feb
19%
Jan
2614
27
1,003
2114
23 %
370
Jan
Feb
94%
Feb
Republic Steel Corp
Feb
7%
Jan
Reynolds
7%
Jan
9%
Feb
9%
Feb
5%
12%
26
26%
660
26
Feb
28%
46%.
46%.
100
46'%
Feb
47
5%
5%
300
5%
Feb
5%
a42%a44%
Tobacco
1U11)
"B"
•
(Un)
Jan
Safeway
Feb
San
Jan
Sears,
a36%
1
1714
17%
•
26 34
—
Corp
Stores
Maurico
Union
class
Co
A
(Un)__*
Inc
5
Mining
Roebuck
&
2414
10
Manufacturing Co
a
Oil..
15
150
42%
Feb
45%
Feb
14%
Jan
all all%
62
a._
Corp (Un)
Suco.uy-Vacuum
Oil
(Un)
39
Jan
Soundview
Jan
Jail
18%
105
19%
Jan
7c
27.580
6c
Feb
9c
Jan
34%
304
34 %
Feb
39'a
Jail
125
31
Feb
38%
Jan
20%
530
Feb
23%
15%
15%
999
19%
15%
Feb
171b
Jan
24
585
23%
Feb
26%
Jail
1814
a
6c
34%
—
30%
25 Via
a
16
«
J a 11
Jan
12
Jan
Feb
19%
7c
•
975
25
21%
3214 a34%
a
P10
Co
12%
12
33%
34 %
1,662
___
33
a
Feb
Sinclair
Oil
Pulp
*
2014
15
15%
Co.
5
360
%
Feb
1%
1%
6,065
1%
Feb
7%
Jan
4.32%
105
40
Feb
105%
Jan
4.48 %
a24% a24%
30
Jan
28%
Jan
Cumulative
preferred
4.56%
preferred
4.884
36
Feb
39%
Jan
41%
Jan
4
Jan
Jan
41%
23 3
—
Jan
33%
715
a40% a41%
80
105
24%
Cailf
Edison
Co
(Un,)..*
3014
25
com
25%
preferred
preferred
conv
Southern
Pacific
58%
59%
1,187
57%
Jan
62%
Feb
Sperry
13%
13%
640
13%
Feb
16%
Jan
Spiegel Inc
17%
155
17%
Feb
17%
30 %
625
29%
25
25%
445
25
Feb
25%
Feb
2814
28%
255
28
Jan
29%
Jan
29
29
29
200
29%
Jan
27%
28%
200
43%
42%
44%
1,090
25%
65
a7%
65
25
...
25
25
Co
•
30%
29
Jan
30%
Jail
Jan
Feb
28%
Jan
42
Feb
49%
Jan
26
Feb
2
7'4
Jan
Feb
Corp
1
Brands
Studebaker
Feb
Super Mold
(Un)
Corp
Swift &
Inc
.
41%"
210
41%
Feb
2%
360
2%
a39%a40%
135
Sunset
2%
10%
10%
280
a__
10%
.
Feb
•
iUn)
J
a
18%
18%
155
57%
59%
1.551
67%
59
25
68 >4
645
.
a...
18
.....
a
Jan
20 %
Jan
56%
Feb
67'%
Jan
67
Feb
72
V4* Jan
a
Feb
41%
Calif
N
25'4
a7%
•
(U111
...
of
of
a
2
common
Jan
2%
a
11%
Corp
McKee
Co
(U11)
Co
17%
1
(Unt
cap
10
25
a
18%
670
Feb
20%
Jan
13 %
13%
238
13 %
Feb
14
Jan
16%
13'/a
10
:
16%
100
16'4
Feb
16%
Feb
29%
80
29%
a
16%
a-
.
...
a...
...
Jan
Texas
(Un)
Company
13
13
10q
13%
peb
Tide
16%
16%
546
16%
Feb
18%
Jan
Transamerica
2o
20
20
10
20
Feb
20
Feb
Transcontinental
3%
3
3%
1,300
3
Feb
41.H
414
14
4i/B
pe)3
5y2
j.,n
55%
56%
430
52
Feb
66%
Jan
United
9
9
230
9
Feb
10%
Jan
United
Air
2
2
100
2
Feb
"
Corp
2.10
25
49%
49 3
4
459
49
Feb
54 %
Jan
Feb
2.00
16s.,
__
56%
__
__
2.00
._
9
__
a9%
a37%
6%
*
18%
Jan
9%
a51'/4
common
Pictures
Cons
44
5
Feb
Feb
10%
a
17%
•
(Un)
Pennsylvania RR Co
Pepsi Cola Co (U11)
18%
Companies
Utah
a__
*
County Land Company
6%
17%
a
Jan
Jan
25
„—1
...
Feb
310
320
a
a
25
common
com
25%
12%
jan
4%
Water
Ass'd
a33% a33%
8%
9
a29%a29%
u9%
a9%
3,390
1.90
2
__
__
a37%a37%
Oil
common
10
Western Air
5
Corp
2
&
21%
22
1.221
21
Feb
25'/a
Jan
10%
11
8,399
10
Jan
11%
Jan
all % all'4
11
5
10%
Jan
11 %
Feb
670
373s
Feb
41%
Jan
25%
Feb
30
Jan
Jan
Carbide
Union
Oil
Co
&
Calif
of
Aircraft
Corp
Lines
of
Carbon
(Un)—...
Del
Jan
2.20
Jan
U
Jan
32%
Jan
Universal Consolidated Oil
Feb
10
Jan
Corp
10
29%
F.eb
31%
Feb
9%
Jan
Warner
37
38%
Jan
39%
Jan
Westates
1,370
12%
12%
300
10%
Jan
1314
Jan
2%
2%
2%
300
2%
Jan
2%
Feb
__._-10
37
a23% a23%
788
69%
35
37
565
35
8%
695
73
a__
H__
8%
71%
1
Co
32
814
Jan
7814
Feb
41
Feb
914
Jail
Jan
Jan
Jan
8%
26%
12 %
common
Equipment
113
25%
a23%
..1
7%
Steel
38%'
5
(Un
32%
S
38%
10
50
Victor
38'/a
.25
common
(Un)
Inc
2,300
*
Johns-Manville
25
com
346
a59% a59%
•
6%
17%
10%
6%
*
26%
Co
(Un)_*
50
17%
5
Cement
Co
33Vac
Canada
5
pfd
Ail-ways
Oil
20
Independent Exploration
Jan
10%
a
10%
100
Oil
<Un)„l
Jan
15
common
Co
Standard
1
....
11
25
1st
Tel
Standard
6.66%
(U111
International
&
Motor
Jan
«
Hunt Foods Inc
Feb
*
;
jan
__20
9%
20
Preferred
Union
lUni
100
25
Service
61
1
10%
100
common
preferred
19:%
■»
Jan
10 %
•
Corp
Jan
•
<Uni
15%
100
^
(Un)
redeemable
United
A
21%
Jan
1.35
5%
Feb
*
class
54
Jan
Feb
CM O
Jan
311
10
__
Co
Jan
13%
10
54%
59
__
VB
20
306
10
(Un)
preferred
110
a39%
52
445
i
w
1.150
3
...
pi'd__
Cons
Ry
Electric
11
__
184
-.*f
13%
CM O
1
preferred
60%
(Uni_*
Pineapple Co Ltd
Battery
Oil
&
1st
10
1
a52% a53%
2014
Jan
18
60%
__
53%
13%
10
common.
11
*
a
•
Aggregates
_%
*
(Un)
Feb
•
Plantation
Co
Coast
Standard
Rubber
Jari
1
Sugar
200
•
_
Goodyear Tire &
5%%
Oil
Co
10o
common
Jan
22c
Filters class B
Sugar
17%
__
35c
Feb
(Un)
United
350
35
__
10
Jan
17c
*
Convertible
10
22c
(Un)
105
(Un)__l00
9.800
7,600
Co
Co
Oil
Oliver
Onomea
7
__
1%
Jan
Jan
325
•
2.10
30c
(Un)
common
Invest
Pacific
Oil
Southern
1
preferred
IB
__
1
Radio
&
Co
a44%
5
•
preferred
for
Ohio
Jan
22
9
__
5%
Feb
Jan
21%
Jan
6%
__
1.60
20c
(Un)
American
Feb
2.2b
50
a48% a50%
__
10
...
Corp
State
RR
33%
19%
9
12%
Products pr pfd
2nd
Kennecott
Central
Feb
200
22%
__
15
Co
Tele
Food
Kern
Y
30%
20
a42% a44%
26
10
N
Share
&
Capwell
Corp
American
Feb
9
•
(Un)
(Un)
Co
Electric
Hupp
North
9%
Puget Sound
5
Works
Machinery
Honolulu
N
Jan
200
3%
...
1.400
5
26
»
com
common
Corp Ltd
Honokaa
Jan
34%
9%
al6%al6%
24
Feb
1.80
!
a.
355
Shell
Kodak
General
Holly
Feb
_
18%
__
13
'
17c
(Un)
Jan
al3% aiy%
a50%
Feb
1
16%
__
Feb
11%
1.75
*
26%
__
9%
5,388
22c
(Un)
Prod
32%
500
Jan
100
13
17c
Lines
Distillers
295%
31%
Jan
11
9%
30c
Company
a
_
23%
Feb
23%
9%
11%
1
12
54
3%
22%
22 3,
13
10
00
a39% a41%
5
Bridge
Board
City
National
6%
__
407
---
Jan
18
Feb
P10
(Un)
150
Co__
Fields
Chemical
Hawaiian
National
30%
__
A
Co
33
31%
__
1
cl
&
330
1.00
__
5
common
General
Hobbs
Jan
a26%a27%
__
1514
a__
—
______1
Co
Corp
5
Corp
Mines
(Un)
Fibres
54
26%
100
General Motors Corp
Great
Jan
7%
Rheem
Fruit
Dommguez Oil
Goodrich
5%
al2
__
__1
____
Fnrnsworth
Ward
12%
..
1
(Un)__
Curtis Publishing Co (Un)
Curtiss-Wright Corp (Un)
4%
Jan
Feb
a54
__
15
Bank
Nat
Cons
M
Auto
30%
30%
(Un)—•
(Un)___
Zellerbach Corp common
preferred
Golden
National
15
25
Co
Amer
Bond
&
44
31%
36
a—
___
4%
7:1;,
_
"
Southern
iUn>
Conv
a._
a23% a23%
__
System class B_2%
(Del)
General
Jan
102
___
G%
19%
54%
*
common
Oil
Food
Jan
210
a47% a47%
__
20
Dumbarton
M
Paraffine
Co
&
Motors
Fibre
&
Rights
__.lo
Continental
Eureka
J
7
(Un)--.*
com
(Un)
Continental
Emporium
M
Pacific
RR
Lode
Morrison-Knudsen
__
....2.50
Natural
Electric
Montgomery
Jan
136
1.25
100
Broadcast
Dorado
Jan
30%
a38%a39%
a27%
25
Consolidated Edison Co of N
El
34%
Jan
110
1
Edison
Eastman
Feb
28%
21 la
•
Co
_
Commonwealth
Dow
22%
__
2o
America
Paul
Fuel
B
100
1,084
332
21%
__
Jan
20
Feb
3,850
1%
(Un)
&
Class
Jan
37%
4,442
*
Un)
Corp
Doernbccher
Mother
(31%
12
__
Feb
14%
1
Feb
2.40
__
10%
Jan
22%
•
Co
Feb
10
common
Mining
iUn>
Giorgio
Mfg
59%
6%
31%
19%
Feb
14%
•
Men a sco
35%
2.35
.
(Un)
9%
__
10%
65
1
Co
Feb
150
al5 al5%
5
Co
50
2.40
Co
Commonwealth
Di
30
L)
419
11%
(Un).4
com
Preferred
2nd
Calculating Machine
Navigation
High
32 '4
Jan
10%
1
Pacific
of
Clorox Chemical
Crown
Co
32
36
a30% a30%
common
33
•__*
.
Ry
Cities Service Co
Crocker
37%
4%
♦
(
H)
3214
10%
a
(R
(Glenn
Paauhau
Chicago Mil St.
Creameries
Jan
31%
2%
Range Since Jan. 1
Low
High
14% al5%
_1
—
330
__
5
Inc.
Feb
149%
___l
(Un)
Chesapeake & Ohio Ry
Cons
53%
Jan
alO% al0%
__
33 %c
Co
Tractor
Commercial
Jan
143%
6%
a23%
Co
Corp
Columbia
53%
1,334
__
1
Eureka
Colorado
Matson
4%
__
5
50
Preferred
Martin
29%
__
5
Sullivan
Pacilic
Chrysler
Jan
Jan
a32% a32%
__
13
Co
Dry Ginger Ale
Celanese
8%
14%
102
100
Preferred
Central
Feb
Feb
*
Packing Corp
Canadian
Magna vox
Oceanic
Cement
Caterpillar
Jan
'
7%
a__
(Un)
Shares
32
-r
13V4
35
15
&
Gi
Feb
8%
Low
3214
(Un)
Co
&
14o
40
(Un)
^Pacific Trading Corp
Canada
2%
Macy
110
2
Ink
Feb
100
37%.
__
Calif
8
20%
Natomas
A
for Week
of Prices
..10
(R
Inc
13'%
a20a20%
Sugar
California
Jan
a9lV8a92%
3
Appliances
Byron Jackson
California
7
a20'/8
Borg-Wamer Corp (Un)
Calamba
200
U92%
(Un)
Calaveras
8%
100
Oil Co
Hill
Feb
a58% a58>/B
30
2.50
Blair Holdings Corp
(Un)—
Boeing Airplane Co (Un)
Bunker
Feb
2%
Loew's
145 145%
a32%
—
Sales
Range
Sale Price
_.
Nash-Kelvinator
Fe
Corp
Steel
Borden Co
20%
8
.%
20
Bank
(Un)
California
Aviation
25
13%
__
•
Engine
(Un)
High
100
5
Locomotive
of
Eendix
Low
Co
LeTourneau
a49% a50%
__
50
(Un)
(Un)
Atlas
High
2%
8
__
__
(Un)i______14
National
&
Top
Corp
Leslie Salt
Range Since Jan. 1
8Vs
8%
•
(Un)
Mining
Week's
Last
Mindanao
Corp
Co
Friday
Marchant
Light (Un)
IK
STOCKS—
2%
__
Amer Radiator & Stan San
(Un)
_•
American Smelting &
Refining (Un)__*
American Tel & Tel Co (Un)
_.100
American
FEBRUARY
Par
Shares
a20% a21%
1
Airlines Inc
American
Low
*
!
(833)
EXCHANGES
ENDED
for Week
of Prices
Par
Reduction
WEEK
'
.
Sales
Last
Air
FOR
CHRONICLE
Exchange
Sale Price
STOCKS—
FINANCIAL
STOCK
RANGE
San Francisco Stock
&
Wells
Pictures
Bros
Fargo
(Un)
common
-6%
.6%
2.895
47%
48%
480
47%
Feb
55%
Jan
Westinghouse Elec Corp
41
41
285
40
Feb
46Mi
Jan
Wool worth
C
Feb
9
Jan
Preferred
(Un)_________-__
(F
Wi
'Unl
(Un)
11
11%
2.655
9%
100
a270
a270
2
272%
1
37c
89c
2.315
618
61
5
Bank & U T
Petroleum
(Un)
1
11%
61
8
12%
10
Jan
Feb'
Feb
11%
281
1.15
Feb
Jan
Jan
8
425
Jan
7%
Jan
23
320
23
Feb
26%
Jan
.45% a46%
335
44%
Jan
47%
Jan
23
a46 %
85c
6%
37
38
COMMERCIAL
THE
(834)
&
LISTED
CANADIAN
RANGE
FOR
WEEK
ENDED
Monday, February 21, 1949
CHRONICLE
FINANCIAL
MARKETS
FEBRUARY
18
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
Montreal Stock Exchange
STOCKS—
Canadian Funds
Friday
Last
Sale Price
STOCKS—
Montreal
Tramways
*
15'A
15'/a
15%
2,066
15
Jan
17%
Jan
20
19%
19%
19%
1,720
19%
Jan
20'A
23'A
23'/a
175
21%
Jan
24%
Jan
102
101%
102
85
101%
Feb
102%
Jan
*
9
;
Acadia-Atlantic Sugar class A
5%
•
preferred
Agnew-Surpass Shoe
8%
47%
56
5 6'A
580
56
Feb
61%
Jan
25%
25%
150
25%
Jan
26%
Jan
*
8'A
8'A
25
8'A
44%
44%
60
44%
Jan
5%
6
1,095
5%
Feb
•
Ltd
Amalgamated
4%
Electric
Ltd
Corp
Arnub
4%%
pfd
:
Corp
Anglo Can Tel Co 4 % %
pfd
56%
44%
50
•
common
100
73
70
73
•
preferred
24%
24'/a
25'A
2,069
&
Trac
British Amer
Light
Bank
American
Note
Oil
20'A
1,236
20
Feb
23
39 'A
9,109
38%
Jan
41%
Jan
1.10
Jan
1.25
4%%.
Co
R
cum
1.13
1.19
131,095
18%
18%
18%
2,035
f—1 00
Feb
13
13
190
12
23%
23%
23%
555
23%
Forest
Products
British
Columbia
Power
Corp
Bruck
cl
Class
Ltd
class
A
Bulolo
Gold
Dredging
Canada Cement
$1.30
Canada
class
A
Safeway
Jan
26%
Feb
3%
Jan
16%
16%
200
5'/8
200
pfd
30
15%
5
975
30%
Jan
17
Jan
Jan
5%
Jan
Feb
30
33
Jan
15%
115
15%
Jan
.7%
800
7%
Feb
Jan
8
24%
24%
1,345
24%
Jan
26%
Jan
29
29
29 Va
795
28%
Jan
29 Va
Jan
27
50
27
Feb
28
19%
100
19%
Feb
22%
Jan
9'A
9%
135
9%
Jan
9 %
Jan
a97% a97%
—
14
•
28
Feb
19%
100
10
98
Jan
98
Jan
14
850
14
Jan
14%
Jan
a37 a37%
280
35 Va
Jan
37%
Feb
14
Bronze
a37%
•
Breweries
20%
20%
20 Va
5,202
19
Jan
22
22
100
22
Feb
102
100
102
146
100
Feb
*
common
100
_
•
20%
12%
12%
13
425
12%
16%
16
16%
770
16
Jan
20%
Jan
14%
Jan
17
Feb
Jan
Feb
22%
Jan
Feb
39
Jan
15
21%
Feb
22
50
12
Feb
13
Feb
1,470
25
37%
37%
315
$1.00
series
25
a22
a22
12
12
common
pfd___"20
Canadian Converters class A
Class
B
12
13%
a
Canadian
Cottons
46%
«
common
13%
70
13%
Feb
13%
Feb
46%
47
325
46%
Jan
47
Feb
Canadian
Locomotive
Canadian
Oil
Canadian
Pacific
Companies
Consumers
Crown
&
595
10%
Feb
11%
Jan
11
220
10 %
Feb
11%
31
28%
32
3,110
28 Va
Feb
36%
Jftti
14%
14%
100
12%
Jan
15
14%
15%
7,415
14%
Feb
17%
98
Feb
9%
9%
9%
13%
13%
13%
180
106%
105
110
3,133
104
23
23
550
23
35
35
135
I*
Co.—
Canada
Jan
23
18%
18%
25
18
Jan
18
Feb
St
Lawrence
1st
30
42%
Jan
21 Va
700
20%
Jan
22
Jan
39
Feb
50
tluJ
io
62
Jan
63
al46
5
al45
Feb
al46
41
41%
630
40
Feb
42%
Jan
14 'A
Feb
16%
Jan
Jan
'A
41
14'A
14%
1,530
50 !•
51%
1,090
50
Feb
60
96
30
96
Feb
96
Feb
11%
197
11
Jan
11%
Feb
16
Jan
17%
Jan
96
11 Va
11%
Flour
Paper
100
*
_
_
Mills
_
Press
19%
685
13%
1,860
Walker
23
Feb
24
Jan
90
81
Feb
86
Jan
40 'A
'40 Va
185
40'A
Feb
42 Va
23%
23%
23%
1,916
23 »A
Jan
24 Va
Jan
47
46:%
47%
705
46 V4
Feb
4 8'A
Jan
16%
16'A
50
16%
125
16
Feb
17'A
Jan
16
16
105
16
Feb
17
Jan
17%
25
17
Feb
20
17%
18
156
17%
Jan
18%
Jan
6%
6%
725
6
Jan
7'A
Jan
0
81 Va
81 %
50
81
Jan
83
Jan
85 Va
85%
410
83
Jan
85%
Feb
6
6%
265
6
Jan
7
162
Jan
170
*
_
•
6
Va
common
*
■
_
_
.100
162
162
25
•
preferred
6%
b-*4
2io
24
24
2
Corp
»
common
•
_
—
0
...
_
15'A
140
15 Va
Feb
16%
Jan
26%
1,335
25%
Feb
28 Va
Jan
18
%
18%
100
18'A
Jan
19
Feb
34%
Jail
28 %
28%
_
29%
100
28
Feb
100
35
98
Jan
100
Feb
39
100
_
*
39
40'A
750
Feb
43
Jan
-25
25 Va
25%
1.050
25'A
Feb
25%
Jan
—25
28
28
28%
950
28
Feb
28%
Jan
—10
20'A
20'A
20
Jan
20%
Jan
22 Va
22 V8
20%
23
160
10
930
22%
Feb
24
Jail
26%
Jan
Limited
preferred
6 '/c
common
15%
25%
100
0
Electric
preferred
5%
__
__
.
_
_
.
preferred
._
„
Banks-—
Canadienne
__
_
Commerce
—
—
__
695
25%
35 %
35%
175
35
Feb
36
25
25%
2,544
25
Jan
25%
Lid
Leather Co
35
Jan
14%
Feb
12%
122 Va
10
Scotia
25 'A
10
Royal
Montreal Curb Market
Funds
Canadian
Jan
Week's
Sales
Range
Friday
preferred
Dominion Steel & Coal
Jan
1,165
31%
Jan
35
for Week
20%
205
20
Jan
20%
Jan
37
455
35%
Jan
38
Jan
37
class B
15%
Feb
17%
Jan
23
Feb
24
Jan
145
21%
Jan
25
Jan
21%
585
21'A
Jan
21%
Jan
11%
2,997
10%
Feb
166
25
16%
16 %
16%
2,840
*
23
23
23
10
•
a24
a24 a24%
21%
21 %
•
11%
10%
common
Red preferred
common
preferred
4% %
pfd
Paper
Feb
51
165
Jan
166
17
a98
Feb
a98%
Feb
a25
a25
10
25
Jan
25%
Jan
16%
a98%
100
«
—
Steels
Atlas
20
16%
110
16%
Feb
17
Jan
13%
210
13%
Feb
14 Va
!__•
14%
14'A
14%
360
14
Feb
15%
Jan
•
24%
24
24 Va
175
24
Jan
27
Fraser
Co
25%
25
25%
1,748
25
Feb
28%
5%
97%
25
97%
Feb
98%
Jan
common
1100
4%% preferred
Co
preferred
Gatineau
Power
97%
100
97 V2
preferred
5%% preferred
B
Class
preferred
Goodyear Tire 4%
common
Lime
Hamilton
Holt
&
inc
1927
Alabastine
Bridge
Renfrew
Hudson Bay
14%
50
•
__
preferred
Mining & Smelting___
85
85
Jan
17%
Jan
105
17%
Feb
20
104%
Jan
106
Feb
110% 110'/a
1
109%
Jan
110%
Feb
14%
14%
205
14%
Feb
102
25
101 %
Jan
102%
52%
52 Va
25
Jan
52%
Jan
15
15%
225
15
Feb
7
1
7
Feb
17
9%
100
Jan
Jan
Jan
Feb
100
15
100
13
28
Feb
30%
Jan
47%
47%
2,495
47
Feb
56%
Jan
47
•
17%
16%
17%
3,276
16%
Feb
19%
Jan
14
13%
14
3,393
13%
Feb
14%
Jan
a25% a25%
240
24%
Jan
25%
Jan
21
Feb
4%
Ltd
Oil
preferred
Indust
6%
25
Acceptance
International
Corp
Bronze
common
International
Nickel
of
Canada
International
Paper
International
Petroleum
International
Co
Ltd
Power
Utilities
7%
(John)
Lake of the
Lang
&
Laura
Lewis
Ser
Ltd
preferred
Labatt
Lindsay
(C
common
20
7 Va
Jan
8%
Feb
Jan
7%
8
150
20 Va
20%
25
2G
Jan
22
Jan
Feb
36
Jan
Feb
145
Feb
•
32%
32
32%
4,319
32
145
145
145
4
145
52
50%
53%
1,845
49%
Feb
58
Jan
•
10
10
10%
3.413
10
Feb
12%
Jan
53
53
100
50
Feb
59%
Jan
14 %
14%
745
14 Va
Feb
15%
Jan
53
—
12
*
105
100
19%
*
7%
preferred;,....100
(John
Ltd
A)
*
*
6%%
pfd
12
350
105
10
20
80
11%
105
Feb
19%
Feb
'
Mailman
class
Corp Ltd
*
For
footnotes
Canadian
Marconi
Canadian
Pr
Canadian
page
42.
Company
Vickers
Inv 5%
Pap
&
Ltd
14%
Jan
15
Jan
40
11
Feb
12%
Jan
6
80
6%
Jan
102
10
102
al50
1
152
3,975
3%
3%
Ltd
Alcohol
Commercial
Div
Consolidated
preferred
Stand
common
Sec
cl
A
Mfg Co
Paper Corp Ltd
Textile
Mills
com
Consolidated
Consolidated
preferred
Feb
5%
Jan
Crain
23
Jan
103
Jan
75
4
Jan
4
Jan
200
11
Feb
12
Feb
20
21
1,025
20
Jan
23
Jan
%
32 %
47
100
46%
Feb
50
Jan
32%
200
32
Jan
32'/a
Feb
12'A
25
46
Cub Aircraft
Ltd
7
all3
9%
100
19
all3
Jan
10
*
Oilcloth
Linoleum
Ltd
Co
1.75
—
3%
5
*
•
*
29%
60c
282
171
Jan
78
92
77
Feb
3 V*
100
3
Jan
3%
30
44
30
Feb
33 Va
Feb
Jan
2.00
Jan
1.75
1,350
alO% alO%
50
10%
Feb
11
Feb
70
50
69
Feb
79
Jan
138
Jan
143
Jan
1:7b
Freiman
Motor
Products Ltd
Co
Ltd
J)
Jan
34
Jan
Jan
15
Jan
Jan
11
Jan
Feb
6
Jan
Jan
35c
27
11
25
11
4%
5 Va
2,135
a35c
a35c
101
4%
35c
Jan
16
24
16
Jan
16
Jan
30
a
215
27
Jan
30
Feb
Feb
18
Jan
16%
16%
4,827
16%
10%
200
10%
Jan
12%
Jan
18%
18%
65
18
Jan
19
Feb
7
25
7
Feb
60c
65c
2,200
55c
Jan
80c
Jan
7%
Feb
42
Feb
48
Jan
38
Jail
39
Jan
75
55
Feb
58
Jan
20'A
Jan
Feb
7'A
Jan
20
19%
20
1,829
19'A
6%
7
250
6%
Ltd;—
class A
common
*
24
24
5
16
al6
5
3 6'A
3 6 Va
100
a
preferred...
of Canada
Feb
34
51
Pr 7%
(A
10%
12
35
22%
Ford
Jan
Feb
55
1.95
Jan
51
39
*
*
Jan
Feb
Feb
al5
Va
3%
50
15
29
Feb
42
Fleet Manufacturing
15
3'A
55
Jan
18%
Feb
42
Jan
Feb
Jan
39
19%
Feb
Feb
1.75
24
12%
81
*
*
17
178%
,
___*
Eastern
Ltd
Jan
20'A
7
18%
Feb
Mills
22
348
10%
16%
Jan
Steel
Jan
Feb
21%
11
6%
Esmond
Jan
17'A
al5
a35c
preferred.—100
20
Fanny Farmer Candy Shops Inc...—1
9%
13 Va
Feb
*
*
Engineering Works Ltd
Paper
Feb
20'A
30
*
*
Dominion
&
12'A
380
*
Corp Ltd—
Feb
16
70
20
_—
L)
iR
all3
19%
98
150
16
Jan
12%
Jan
11 Va
al6
Lithograph
Jan
4
3 A
Preferred
Consolidated
Feb
156
78
15
Ltd
Prod
Steel
106
Feb
11
1
Chatco
Feb
Feb
OR
25
—
.
a4 '/a
a30
preferred
Feb
4
10%
5%
5%
3%
a30
Donnacona
200
5
11
10%
Feb
1,353
14%
Cassidy's Limited common .1
1
Catelli Food Products Ltd common. — *
14%
1,560
Jan
*
Ltd
Westinghouse Co
Canadian
Jan
19%
1.15
150
14
13%
Jan
50'A
1,356
18%
50c
50
14%
17
3,300
10
14%
19%
1.00
178% 178%
20%
2
Dominion Square Corp
12'/a
Feb
90c
4,400
Feb
17
17%
140
15%
19%
11
Feb
3%
Jan
13%
Fel)
16'A
140
14%
Feb
Jan
Jan
s%
75
3'A
465
Feb
160
16
__
100
Western Lumber Co
15%
19%
32 %
*
preferred
7%
Canadian
Feb
18 Va
a
12'A
ar;>■-:>
1
cum pfd-*
common,
16%
450
Jan
al60
40
20
100
Co
Canadian Light & Power
154%
Feb
2
9%
—
Ingersol Rand Co Ltd
Canadian Inter Inv Trust Ltd com—*
11
Jan
5%
58
17%
a
*
Canadian
225
9%
%
100
"
preferred
16%
*
see
Ltd
Industries common
Canadian
16%
*
Oil
(Robt)
A
Vinegars Ltd ——
Canadian Gen Investments
Canada
154% 154 %
•
Massey-Harris
McColl-Frontenac
Mitchell
class
Ltd
Packers
Canada
18%
■
*
common
Ltd
Malting Co
Canada
9%
100
A
Jan
5
a
98
*
"
*
*
•
Feb
•
Export
Feb
Feb
6 Va
14%
.
3%
Sugar
all3
14%
Jan
5%
102
1
Dominion
16%
12%
Feb
5
al50
Ltd
Co
Dominion
&
East Kootenay
MacMillan
common.:
Hosiery
160
.
Feb
al60
160
100
*
110
Jan
11%
6
14
*
com—*
100
1
Ltd
15
154%
3
:
Ltd
W)
457
7%
5
;
Secord
Bros
20%
20%
♦
Corp
Ltd
Woods
Sons
20
15
common
International
Pub
20%
*
100
Preferred
Jamaica
•
a25%
25
common
preferred
—
Company
Butterfly
7%
Feb
100
*
•
52
Jan
870
5,905
11
95c
Ltd....5
cl A__•
—
Jan
15
Imperial Tobacco of Canada common_5
Imperial
Ltd
Preferred
Jan
a28 Va a28%
100
Paper common
20
7
15%
*
7°,'o
Howard Smith
a88
102
110%
•
100
pfd
Vancouver
of
Columbia Pulp & Paper
Preferred
Burnett
17%
17%
100
Wares
88
13
9%
•
A
Packers
Columbia
British
Brown
105% 105%
100
5%
Gypsum
a
•
common
5%
General Steel
Distill
&
Brewers
Canada
Gair
class
Ltd
Millen
&
Jan
5%
'A
17
17%
20
preferred
Brand
Jan
13%
1
Corp
Co of Canada
a
High
400
11%
a5
a5
Belding-Corticelli 7% preferred —100
Belgium Glove & Hosiery Co com
*
Jan
*
Corp
Players Canada
Foundation
Paper
61
5
5%
B.._.J*
class B__. •
Products Co Ltd cl
Power
Bathurst
17%
11 %
11 Va
*
——
Jan
Electrolux
Famous
Ltd
Auto Fabrics
British
Eddy Paper Co class A preferred
17%
5
Anglo-Nfld Development Co Ltd—
Low
High
Jan
a98 a98 'A
165
100
Paper
12
Low
Par
Range Since Jan, 1
Shares
ol Prices
Jan
20%
25
Ltd
Dominion Textile
Dryden
18%
33%
33%
•
Dominion Tar & Chemical
7'/o
Feb
23'/a
Stores
Donnaconna
16
33
•
Dominion
1,310
jle Price
STOCKS—
Jan
16%
Bridge
6'i
23
16 '/a
Dominion
Coal
Feb
40
•
Dominion
22%
22%
Seagrams
Jan
Jan
22%
Distillers
Dominion Glass common
Jan
—za
Jan
35
Jan
35
Nova
Jan
30
Feb
*
class A
26
25%
25Ta
10
_
_
Jan
Last
Davis
Jan
Jan
18%
0
Worts
Jan
26
Jan
15 Va
...
&
Jan
7%
Jan
6%
24
Jan
25 %
0
Cotton
Winnipeg
--5
Jan
17%
*
_
common
Canada
Ltd
Jan
100
81
Power
Gooderham
Wilsils
Jan
14 VA
23 Va
preferred
Biscuit
Jan
22 Va
Feb
81
-
.
Viau
10
Feb
23%
com
_
Tooke ^Brothers
Tuckett Tobacco 7%
Steel
Feb
*
*
Chemical
United
Jan
13%
8%
8 Va
19
Jan
9%
101
19
201
8%
13'A
•
Power
_
Canada
of
Jan
13'A
common
Co
Standard
Co
Feb
OO
-25
Breweries
77o
8
50
—99
preferred
Southern
Steel
329
101
19%
common.
1st preferred
Water &
Series A 4%
Southara
101
—1
preferred
Sicks
8
101
—
1
Lawrence
Lawrence
Shawinigan
8
16 %
16%
49
St
2nd
16%
283
0
_
Feb
Va
96
•
preferred
Jan
51
14
0
Corp common.
Jan
37
39
au^
39
m
preferred
2nd
Jan
44
20%
al46
100
pfd
Jan
Va
44
auj
__
Co Ltd common
Jan
♦
Seal
59
Feb
Jan
9Va
15%
5
Smelting
Jan
20
Feb
•
&
54%
875
44
*
Jan
20
Mining
Glass
Cork
10%
10 %
25
Plow
Consolidated
10%
10%
•
common
Railway
Cardy Ltd class A
Cockshutt
10%
•
class A_.
Class B
Co
Power 4%%
Montreal
•
•
Canadian Ind Alcohol
1,111
21%
—
•
Transport
Saguenay
Jan
20'A
series
57:%
20
_
.
Rolland Paper common
Zellers
19%
37
19%
$1.75
Canadian Celanese
Jan
56 Va
Jan
23%
105
Feb
«
common
2 3'A
*
...
preferred
Provincial
41
Jan
-100
of
Corp
4%
Jan
22
18 Vz
#
•
Price Bros &
Wabasso
20
Canadian Car & Foundry
Class A
Power
40
20
common
Voting trust certificates
24%
9%
com.
preferred
River
11
1,680
571/2
•
Jan
al5
7%
50
Canadian
6%
St
al5
7%
*
common
Canadian
preferred
30
Power
<te
Feb
Jan
a40
...
Tubes
Ltd
Penmans
Jan
2 Va
■>
Corp
4 'A %
Ltd
Steamship
preferred
5 %',
25 Va
200
10
common
Power
Canada
5%
67
3
*
Foundries
Canada Northern
Page-IIersey
Jan
25%
100
20
Forgings
Iron
Jan
3
3
5
preferred
Canada
101 %
Feb
2%
5
*
common
Canada
25%
Feb
24 Va
10
2,825
25%
•
Burrard Dry Dock Co Ltd class A
Feb
Jan
100
16%
Heat
38 Va
Jan
2%
«
Building Products
Jan
24%
2%
—
*
B
13
Feb
100
•
Mills
Jan
24%'
A__*
B
Jan
2%
•
Light.
Rwys
Jan
22%
*
Electric
Ottawa
Ottawa
,
37 'A
22
•
Products
Jan
1,140
a40
common
Quebec Power
607
24%
19%
24%
pfd.100
Columbia
Steel
Feb
25
El
British
Class
Jan
20
*
Co
common
Ontario
23
22
•
Mills
Feb
38%
38 Va
38 Vfe
.
Ltd
Mines
21'A
a21 % a21%
*
Corp
Jan
15
159
-25
__
Car
Flour
Powell
38%
•
Steel
Noranda
Jan
39
•
Power
&
Preferred
Brit Colum
Feb
26%
Feb
1.17
Brazilian
Jan
6%
73
20
Rights
preferred
National
Jan
47
Jan
24%
Feb
8%
Feb
•
Paper class A
Telephone
"7 %
*
common
40
31 %
_
Breweries
Ogilvie
25
Bathurst Power
British
Feb
68
350
Asbestos Corp
Bell
Jan
10
475
Aluminium
of Can
Jan
9
49
•
Co
9
56
Jan
9
47%
28
^
Algoma Steel
Aluminum
Murphy Paint Co
National
Jan
30%
—
Jan
100
$1.50 preferred
Feb
28
45
*
Abitibi Power & Paper common
Jan
52
950
52
31V2
-100
_
23 Va
20%
--40
.
_
Jan
Jan
20 »A
52
_
Telegraph
Montreal
High
Low
High
Jan
19'A
51
34
20 Va
•
Montreal Locomotive
Range Since Jan. 1
Shares
35 'A
33 'A
__
High
Feb
34
33
210
0
Molson Breweries Ltd
for Week
Range
of Prices
Low
Par
Sales
Week's
Range Since Jan. 1
Low
High
Low
Par
Shares
21
1.75
2'A'
8,240
Feb
Feb
23
Feb
16'A
Feb
16%
Jan
36
Jan
36%
Feb
Feb
2'A
Jan
1.75
24
21
23
1,455
21
Feb
-26
Jan
a9
a9
9
a9
Feb
a9
Feb
Volume
169
'Number 4779
COMMERCIAL
THE
CANADIAN
RANGE
Friday
Week's
Sale Price
Great
Lakes
Halifax
Paper
Co
insurance
Ltd
Co.
5%
Paints
(Can)
Journal
Co
2 %.
Liu
2%
200
2%
Feb
2%
t Walter
7%
80
6%
Feb
7%
M)
Feb
16
Jan
30
10
Jan
10%
Jan
a9
25
9
Jan
25
25
35
25
Jan
25
Jan
13%
50
13%
Feb
14%
Jan
15 %
--
Friday
STOCKS—
15%
50
15%
Jan
16%
Jan
9%
Jan
Abitibi
Pow.er
$1.50
&
Power & Paper Co_
Maple Leaf Milling Co Ltd.
*
..
Maritime
Teleg &
Massey-Harris-
Tel
Co
6%%
36%
_10
17%
pfd—20
conv
36
"4-
36%
500
8%
*
_
..
com
9
225
17%
17%
27 %
a
27 %
Feb
36
8%
35
,
.
39 %
17%
Feb
100
27%
if
Jan
Jan
Paper
Acadia-Atlantic
Ltd
6
....
17%
Jan
27%
Jan
6'it
Oil
%
6%
990
6
Jan
pid-luo
96
9b
60
96
Feb
97
5
5
150
5
Jan
5
Jan
12%
12%
450
12%
Jan
12%
Jan
200
80c
Feb
1.10
Jan
4%
Distilleries
cum
Ltd
preferred
of
Canada Ltd
&
Moore
Corp
Mount
Royal
Ltd
Paper
4%
Rice
10
red
Mills
1'
jiv;
80c
80c
_5
20
20
20
25
27 %
___
Ontario
High
•
class
15
15
16%
880
15
Jan
19%
19%
20
500
19%
Jan
20%
Jan
23%
23%
285
21%
Jan
25
Jan
Feb
103
Jan
A
•
100
102
*
_
__
Agnew-Surpass
Akaitcho
101
.
102
50
6%c
8c
8,000
9
9
105
9
Yellowknife
Algoma
1
101
17
Jan
6c
Jan
7c
8%
Feb
9%
Jan
Ltd
Aluminum
75c
75c
Jan
Co
75c
500
61c
Jan
80c
Jan
47%
47%
48%
185
47%
Feb
56
Jan
56
Steel
6%
Feb
56
56%
460
56
Feb
61%
Jan
1
of
Canada
pfd
25
25%
25%
25%
145
25%
Jan
26%
Jan
Amalgamated Larder Mines
1
17c
15c
17c
American
3,500
12%c
Jan
18c
Jan
1
12 %c
11 %c
13c
15,200
11 %c
Feb
20c
Jan
43 %c 49 %c
44,400
43c
Feb
68c
Jan
Anacon
Mica
Minnesota
Range Since Jan. 1
Low
Jan
common—0
._10
MeColl-Frontenac
Melchers
Shares
High
2o
common
Preferred
Aluminium
Maxwell
for Week
of Prices
Low
Jan
11
Feb
Sales
Range
Sale Price
•
preferred
Acme Gas & Oil
MacLaren
„
Week's
Last
Par
13 %
*
Exchange
Canadian Funds
Feb
25
Ltd-.*
Toronto Stock
Jan
6%
200
15
ja9
.20
18
High
10
Ltd cl A—*
Publishing Co of Ottawa
Lowney
Low
10
__
(833)
MARKETS
FEBRUARY
Range Since Jan. 1
High
15
10
»
preferred
Shares
15
10
Hydro-Electric Secur Corp
International Nickel $5 pfd—
International
L010
*
com
ENDED
CHRONICLE
tcr Week
of Prices
Par
LISTED
WEEK
FOR
FINANCIAL
Sales
Range
Last
STOCKS—
&
Co
•
■
760
19%
Feb
22 %
27 %
225
27
Feb
27%
9
200
9
Feb
9%
Jan
20%
20%
118
20
Jan
20%
Jan
Anglo
Lead
•
Canadian
Oil
•
48c
4.55
4.50
4.70
Anglo-Huronian
25,175
4.40
Jan
*
5.30
Jan
9.25
9.25
9.45
1,000
8.90
Jan
10%
Jan
Anglo
1
26c
26c
29c
35c
Feb
Feb
9
0
pfd
Ltd
27
"
_
Yellowknife
Jan
Rouyn Mines
Light & Power Co Ltd
___
5,700
Southern
Canada
Pr
5
5
900
5
Jan
6
Jan
109
109
90
109
Jan
110
pfd
100
17
a
17 %
235
all2all2%
112
Jan
3c
3c
1,000
3c
Feb
4c
•
5%c
5%c
4,500
Area
5%c
Feb
7%c
Jan
1
16c 18 %c
10,800
14c
Feb
23c
Jan
Ansley Gold
_
Mines
50
17
Feb
111%
18
112%
Jan
Jan
Feb
Argus
Corp
common
6
6
1,940
5%
Feb
100
73
69
73
90
67%
Jan
73
Feb
1
Preferred
9c
9c
9c
500
8c
Jan
12c
Feb
11 %c 11 %c
2,000
Jan
14%c
Jan
Feb
13%
Jan
Arjon Gold
Standard
Stowell
Invest
Ltd
_
*
_
Paving & Materials Ltd
Screw
United
Co
Co
Ltd
class
43c
42c
0
H CD
Corporations B
43c
8,884
41c
Jan
45c
Jan
9
50
8
Jan
9
Feb
16%
iU
17
Jan
17
a
'
_°
17
17
37
17
Feb
21
Feb
22
22
22
225
22
Jan
24
Jan
100
19
19
19
140
—0
37
--
Armistice
Ashdown
Hardware
_
Westeel
0
...
Products Ltd
Western
Grain
Co
Ltd.
Wilson Ltd (J C)
Windsor Hotel Ltd
Woods
37
37
275
1.25
1.25
100
12
12
25
15% al5%
_
■
_*
__
"
_
Manufacturing Co
Ltd
a
0
a32
Jan
36%
21
Feb
Jan
15
37%
Jan
Jan
1.25
Feb
12%
Jan
15
16
Jan5
16
Jan
10
35
Jan
35
Jan
1.25
•
a32
Mining StocksAnacon
Lead
Mines
48c
13,100
36c
5,000
8%c
9c
1,500
45c
.
Corp Ltd.
Yellowknife
43c
33c
Band-Ore Gold Mines Ltd
Base Metals Mining
Beaulieu
48c
_______
....
52c
11,300
51c
__
Ltd
6%c
6%c
10c
9,000
\
Bob's
Lake
Gold
Bonville Gold
Mines
Bouzan Gold
Brazil Gold
Mines
Mines
&
Ltd
Candego Gold
Mines
13c
_
M
_
13 %c
Consolidated
Consoi
Ltd
Ltd
_
Cauillac
Explorations
....
Denison
Nickel
East
Mines
Sullivan
Eldona
Gold
Mines
Goldora
Mines
Atlas
International
J-M
Consol
Kerr
Addison
Kirkland
Lake
Lake
Rowan
Lake
Leilch
Gold
Lingside
Aubelle
_
.
New
Mines
Fields
Mining
Gold
Mines
Jan
_
300
_
13c
Jan
18c
Mines
Oil
Co
Brazeau
For
11c
26%
Jan
10
35 %
35%
35 %
615
35
Feb
36
Bank
of
Jan
Toronto
36%
36%
55
35%
Jan
37
Jan
45c
Feb
65c1
Jan
Base
Metals
10
Mining
«7~
*
49c
45c
52c
34,850
45
45
45
10
43%
Jam
49
1
6%c
5%c
9c
43,000
5%c
Feb
11c
Jan
25
39
39
39 %
11,018
38%
Jan
41%
Jan
117
114
120
170,771
1.10
Jan
1.25
Feb
5.00
Jan
Bros
Beaulieu
Bell
Yellowknife
Telephone
Rights
Belleterre
Bertram
Quebec
&
Sons
7.00
class
7.00
17%
A_
Class B
17%
25
17
Jan
6
7
1,400
5
Feb
7
Gold
100
31c
2,000
23c
Jan
33c
12 %c
13c
19,300
12c
Feb.
16c
Jan
8
8
460
8
Feb
9
Feb
13c
6,700
12%c
!
common
*
12 %c
12 %c
17%
Feb
16 %c
Jan
Bordulac
Jan
16c
Jan
1,000
12c
Feb
15c
Jan
3%c
Jan
4c
Jan
Feb
11c
23
23
50
3'Ac
3%c
3%c
24,500
B
_
14c
3,600
Jan
78c
lc
Feb
1%C
Feb
Bralorne
9c
Feb
Brand
Jan
Boymar
1
Mines
&
class
A
*
Brazilian Traction Light &
8c
14,000
5c
Jan
9%c
3,000
8c
Feb
12c
Feb
1.00
38c
18,563
Pwr com__«
18%
9.25
1.00
29,025
Feb
18c
Feb
23
Feb
Jan
5%c
Jan
Feb
38c
Feb
Jan
9.50
Feb
Jan
1.25
Jan
26c
900
95c
11c
23
3'Ac
18%
18%
683
6'Ac
6 %c
8.65
45C
6,000
18%
Feb
19%
Jan
6c
Jan
6%C
Feb
Feb
24%
Jan
Feb
9c
30c
9.10
*
Millen
c
11%
285
Feb
12%
Jan
45c
45c
600
41c
Feb
52c
Jan
1%C
343
1%C
Feb
3c
Feb
42c
Feb
53c
Jan
11%
42c
500
14%
14%
100
Feb
15%
1.50
500
1.50
Jan
1.50
Jan
7c
3,000
6%c
Jan
7c
Jan
13
150
11%
Jan
13%
Feb
1.20
1.20
200
14%
Brewis
Red
British
Lake
1
American
Oil
*
Columbia
4%%
23%
23 %
1,315
25
24%
24%
24%
150
24%
Feb
25%
Jan
100
89
89
89
80
88 %
Feb
90'A
Jan
100
100
25
Feb
101 %
Jan
common
Preferred
British
Elec
4%
pfd
preferred
100
—
23%
23 %
100
Jan
1.20
Feb
Columbia
Forest
Products
•
2%
2%
2%
3,200
2%
Feb
British
3
Columbia
Power
class
*
25%
25%
25%
300
25'A
Feb
26
*
2%
2%
2%
351
2%
Feb
♦
32c
32c
34c
16,100
28cw
Jan
37C
Jan
37c
.
Dominion
Oil
1.20
Feb
4%c
6 %c
Jan
Broulan
1
33C
33c
34c
36c
Jan
45c
Jan
Bruck Mills class B
"
49c
51c
4%
4%
4%
10
13,600
47c
Feb
70c
Jan
Buffadison Gold
1
19c
19c
20c
6,700
Ankerite
1
2.45
2.35
2.46
4,625
1.92
Jan
Buffalo
Canadian
•
18 %c
18c 19 %c
7,500
14 %C
Feb
Red
4
%
,
Feb
2.25
2,500
55%
55%
350
78c
78c
6,700
1.85
300
1.90
Feb
2.32
73 %c
75c
7,500
73 %c
Feb
75c
2.12
Feb
2.35
Jan
Jan
55 %
76c
Feb
84c
Jan
Buffalo
Jan
Feb
Building Products
Burlington Steel
Jan
Burrard
3.30
3,210
3.05
9%c
5,000
9%c
1.70
600
a5c a5%c
700
Jan
3.70
Feb
13c
1.70
Jan
1.95
Lake
class
1
A
7%c
Jan
13 %c
Jan
58c
63c
12,900
58c
Feb
67c
4.000
6c
10c
Linen
1st
preferred
Flin
7%
7%
7%
710
500
page
42.
Jan
9'Ac
Jan
Jan
Feb
33
Jan
Jan
14%
Jan
8c
8c'
7
Jan
8'A
Jan
6c
Jan
9c
30
Feb
30%
Jan
16%
Jan
17%
Jan
Jan
Jan
30
30
30
20
*
16%
16%
16'%
180
•
5.30
5.00
5.40
4,860
5.00
Feb
6.60
6%c
6%c
4,700
6'Ac
Jan
8%c
Calmont
Jan
40c
Feb
54c
Jan
Jan
8c
Jan
Jan
7c
Feb
Campbell Red Lake
3%c
Jan
3%c
Feb
Canada
12c
12c
500
12c
Jan
14c
Jan
9c
10c
19,500
9c
Feb
14c
Jan
a44c
280
29
Jan
200
41c
29%
Jan
48c
Jan
Canada
Malting Sh WArr
•
2.12
46
2.15
46
47
145
46
Feb
50
1.700
Jan
Canada
Northern
*
9%
9%
9 %
100
Canada
Packers
*
32%
2.10
34c
35c
3,200
33c
48c
1,000
47c
1.60
1.64
2,400
Oils
14c
33c 38 %C
1.49
Jan
2.57
Feb
42c
Jan
53c
Jan
1.90
1
Bread
class
Cement
1
B
preferred
Jan
Jan
14c
Feb
14c
Feb
46,200
28c
Feb
73c
Jan
1.14
90,550
20
Power
class A__,
Class B
99c
Feb
1.28
Canada
S
S
Lines
100
Preferred
50
4%c
Jan
10%
15
Feb
Class
26c
26c
30c
13,000
17c
Jan
36c
Jan
Canadian
Bank
Breweries
Canadian
Canners
4.45
Canada
Wire
&
Cable
1.25
70c
12%
5c
Jan
5.30
Jan
1,000
29c
Jan
36%c
Feb
1st
10c
Jan
12c
Jan
class
A
Commerce
32c
26,500
24c
99c
1.25
24,925
89 %c
Feb
1.35
70c
500
70c
Feb
71 %c
Jan
13%
Jan
Car
10
5c
2.30
2.23
2.45
1,520
18 %c
20c
10,600
6.65
6.60
6.70
74,785
18c
500
2,000
50
Feb
53
Jan
24%
Feb
26%
Jan
9%
Feb
Feb
Jan
9%
Jan
33%
Jan
16'A
Jan
32%
190
15%
630
191
56
14
260
13%
Jan
14%
37%
37%
60
3 5'A
Jan
37%
Feb
79%
—
32
188
79%
30
79%
Feb
79 %
Feb
32
15%
188
Jan
Feb
Feb
Jan
192
Jan
11 Va
5c
2.23
Feb
32c
Feb
Class
Feb
6c
Jan
3.00
Feb
24%
Jan
27
Feb
22%
23
1,025
22%
Feb
24
Jan
20%
20%
20%
1,330
19%
Jan
20%
Jan
15%
27
•
15%
15%
16%
Feb
18
24'A
24
24^4
80
24
Feb
25
Feb
16
16
16
150
16
Feb
18
Jan
12%
12%
300
12%
Feb
14%
Jan
Jan
*
common
A
610
Jan
20
Canadian
16%
16
16'%
830
16
Feb
17
*
20'A
20
20%
560
19%
Feb
22%
Jan
25
37%
37%
3 7'A
75
36%
Jan
39
Jan
21%
21%
135
21%
Jan
21%
Feb
25
Feb
28'A
Jan
Celanese common...:
Preferred
New preferred
Feb
200
22%
*
Jan
70c
5c
Feb
20
common
preferred
Canadian
28 %c
9,530
29'A
3.25
14
*
•1
Conv preferred
12%
29
27
of
5,000
11 %
10
1,000
Jan
15%
190
B
32 %c 32 %c
32c
50
24%
2.70
Jan
Jan
*
29
"
common
Jan
3,800
7,200
50
*
3%c
4.70
4,700
3.25
24%
Preferred
3,990
4.55
50
44c
3.00
Jan
1,000
99c
40c
3.05
common
Canada Permanent Mortgage
18c
com..
Feb
4%c
20c
—
Ltd..
7c
1,000
7,500
.1
_
Jan
12%
1,500
15
*
___•
Jan
Jan
30
7c
c
10c 10%C
_
3.05
20c
3%c
%
4c
4.55
__
_
5%
24c
*
Flon
13
Ltd-
_
see
340
1
14
i
_
Feb
Jan
Feb
Feb
6c
1.60
_
_
new
80
13%
•
Jan
Feb
14c
_
2,500
30%
13%
2nd preferred
Calgary &
Edmonton
4%c
35c
_
Corp
Co
7%c
13%
*
•
Bousquet
3%c
..
30
•
Caldwell
11c
Ltd_
Ltd
4%
a44c
.
__
7'Ac
*
Jan
1,000
48c
__
32c
16c
Jan
Jan
Jan
11c
....
Ltd
4,600
Jan
%
3%
Feb
3.10
1.70
Porcupine
51
11c
1.00
Dev
:
7,600
...
Ltd
Oil
A
Class B
British
Feb
1,000"
12 %c
class
Pershing
Feb
Feb
29c
13c
lie
63c
Feb
Jan
6%
29c
12c
%
7.00
18
1
Gold
3%c
Co
Jan
1
Kirkland
Mines
Bowes
Jan
0
%
Beatty
2,500
2.15
_
footnotes,
Jan
Jan
Jan
5c
35c
Ltd
27c
6c
25%
40c
Ltd_
Omnitrans Exploration Ltd
Pacific Petroleum
Rovalte
Jan
17C
833
12c
Jan
Feb
655
3%c
Vac
5
26
Bonetal Gold
5
Feb
Jan
8%c
Bonville Gold
3.45
Jan
4%
8%c
Feb
Feb
3.65
10
25%
Feb
2.80
Feb
,38c
Feb
c
—
Ltd_
.South
13,550
1
Scotia
Jan
6c
Ltd.
Ltd
Oils
26c
9c
7%c
3
Oil Ventures Ltd.
Western
24c
59c
8
Ltd—
Ltd
Co
Pan
Consolidated
Canadian
Co
24c
Feb
60c
_
Coghlan Mines
Oil
265
Jan
6c
Anglo-Canadian Oil Co Lid
Globe
5%
Feb
Oil Stocks—
Gaspe
5
Jan
9
37c
Ltd
Mines
Home Oil
%
3,30
Jan
11c
Asbestos Corp
Oils
90
11%C Jan
25%
Canada
United
Decalta
200
8c
7,000
aS'/sc
Ltd..
_
&
64,700
9
5
1
Callinan
Ltd
Mines
Ltd
Oil
Jan
36c
3.40
9
15%
120,300
1.70
..50c
Mines
Dom
16c
31c
3.40
"9
50c
9%c
Mines
Co
Trebor
Homestead
Feb
1.500
2.20
_
Gold
Mines
Consol
14c
Jan
10
Calder
(1944)
British
Jan
10c
1,000
9c
3.25
Ltd
Mines
11c
4,000
8c
1 %c
_
Tiblemont Goldfields Ltd
Amulet
1,500
11c
Montreal
Biltmore Hats
55%
..
_
_..
Ltd
Malartic
12c
10c
Nova
Jan
78c
Ltd
_
Ltd..
Mines
Cons
12c
49c
Ltd
Mines
Mines
Jan
37c
Development
Mines
12%
of
5c
13
Sherritt-Gordon Mines Ltd
Gold
Feb
Jan
of
Jan
lc
4%c
Senator-Rouyn Ltd
Wiltsey
Jan
10c
7c
...
Gold
Waite
Jan
13c
1.85
Yellowknife
Rochette
11%
Buffalo
Quebec
Vinray
3c
Jan
Bankfield
Boycon
Mines
Santiago
2,210
9%c
Bank
4c
7c
Ltd
Gold
Gold
11%
12 %c 13 %c
Bank
4,500
%c
_..
Labrador
Sullivan
Jan
Feb
Mines
Bidgood
90,000
_____
Ltd..
Manganese
Stadacona
Jan
1.50
__
Quebec
Siscoe
39c
Bagamac
Bevcourt
12 %c 14 %c
Ltd
Ltd
Porcupine
Crest
11%
0
Feb
5,700
—
Ltd
Quebec
Red
Jan
0
B
Jan
9,600
1.20
Corp
Cadallic
Jan
94c
34 %c
16c
500
45c
Ltd.
Mines
Mines
16c
Feb
1
class A
32c
66c
_
__
Norpick Gold Mines Ltd_
Piccadilly
Feb
1 %C
Co
Ltd..
Dredging
O'Brien Gold
Jan
1
Gold
Jan
1 1 >/8
Jason
Pandora
12 %c
42c
Ltd..
Calumet Mines
New
Normetal
Feb
73 %c
Cons
Jan
68c
Aunor
Feb
3.05
8%c
Ltd
Goldfields
Malartic Gold
7c
12c
Aumaque Gold
13c
2.80
__
Ltd
Mines
Mclntyre-Porcupine
Nechi
Ltd
5,300
14,800
23,700
11c
25c
7c
1
..
7%c
8c
11
80c
—
1
5,500
17
2.90
_
...
_
7c
55
68c
—
—
Mines
54,200
al4c
zzS
(1937).
Atlas Yellowknife
31c
64c
_
Mining
Ltd
Mines
98,200
4%c
11
11%
13c 14 %c
Mining Co Ltd—_
Mines
Macdonald
Feb
3c
7c
al2c
7%c
11
British
Gold
Gold
Louvicourt
25c
Feb
7c
_
Mines
Mines
Jan
3c
2c
Ltd
«19451
Shore
9%c
1,500
8c
Gold
3,500
10,500
-4i%c
11
50c 50 %c
.
Mines
46,500
12,000
13c
_
Mines
Mines
Feb
8c
_
Ltd
Uranium
Gold
Joliet-Quebec
Jan
4c
17
Ltd_
Gold
7%c
Jan
7c
..
Ltd
Cons
Feb
3c
3c
10
Steels
Bobjo
Ltd
Mines
Hollinger
5c
8c
4%c
.
Goidvue
1,500
2,000
30c
_
Rights
Jan
2%c
13c
__
Ltd
Formaque Gold Mines
He
7c
Ltd
Ltd
Feb
2c
__
Mines
6%c
8c
_
Mines Ltd
...
Feb
Jan
c
—
Mines
Red Lake
Dome Mines Ltd
Duvay Gold
_
Ltd
Dickenson
9c
65c
15c
2 %
..
mines
Ltd
Cournor Mining Co
Jan
Feb
12 %c
_.
Astoria
Central
36 %c Feb
6 %c
45c
8c
__
__
Cortez
Jan
Jan
4c
3c
_
Mines
Mines
Cheskirk Mines Ltd.
20c
65c
5%c
12c 14 %c
Corp
_
Cartier-Malartic Gold
Centremaque Gold
Feb
4c
_
Diamond
43c
5c
_
Ltd.
Ltd
A
Oil
Class
Mines
Jan
80c
Mines
Atlantic
Auto Fabric
Aumaque Gold Mines Ltd
6%
Jan
12
class
Ashley Gold & Oil
Athona
United Distillers of Canada Ltd
United Securities Ltd
1
6
Jan
9
A
17c
*
'
Souchmont
Jan
Jan
__
6%
24c
1
Apex Consol Resources
Nova Scotia
Orange Crush Ltd
*
Power Corp of Can 6% cum 1st
pfd. 100
Reitmans (Can) Ltd 57c red
pfd
20
25
Jan
Canadian Dredge
*
25
25
27
195
*
8%
8%
8%
720
*
13c
6.40
18c
Jan
Feb
Feb
20c
6.70
22c
Feb
Canadian
Feb
Class
Jan
Canadian
Food
Products
A
common
*
Ice
Machine
12
12
12
20
1
5'A
5%
5'A
100
8%
12
5%
Feb
8%
Jan
Jan
13%
Jan
%
Feb
Feb
5
39
40
(836)
THE
&
COMMERCIAL
RANGE
MARKETS
LISTED
CANADIAN
WEEK ENDED
FOR
Monday, February 21, 1949
FINANCIAL CHRONICLE
FEBRUARY
IX
Week's
STOCKS—
Week's
Sales
Last
Range
for Week
Sale 1'ricc
•
Last
Range Since Jan.
Shares
of Prices
Sale Price
STOCKS-
I
Canadian
Class
Indus
B
"A"
Alco
Canadian
Malartic
Oil
Cos
Railway
Wirebound
10 A:
Feb
Ills
Jan
30%
28
32 'A
745
28 'A
Feb
36V2
class
A—.
Gold
Coin
14%
Feb
17 V4
Jan
24
100
22
Jan
24 Va
Jan
100
100
55
99 Va
Jan
100 Va
Feb
23%
1.66
411
1.55
Jan
1.30
31,600
1.15
Feb
1.65
Jan
Jan
1.45
21c
10,500
14 Vac
Jan
46c
Jan
65c
Feb
6c
Jan
10c
Jan
23,700
7c
18,000
4,600
15c 16'Ac
1.70
703
9
9
50
18 %c
Jan
Jan
1.75
Jan
4C
4c
4c
2 35
2.35
2.42
Beattie
Guayana
Mines
Lead
Gulf
3,900
80c
Feb
28c
32c
73,300
23c
Jan
Gypsum
Lime
Halliwell
8
Feb
10'a
64c
Jan
13c
13c
6,000
13c
Feb
18c
48c
50 c
3,145
48c
Feb
65c
Jan
Hamilton
A
107
40,100
17,423
I,705
Rock
Hard
Jan
15
Feb
16
Jan
15
38
Feb
40
Jan
16
16
125
16
Feb
18
Jan
4%
4%
100
58c
60c
4.100
50c
55c
11,500
15 'A
15'A
420
15 %
Gold
2c
200
Jan
Hudson
5,720
16c
Feb
1,213
10 'A
Feb
Feb
2 Va
Feb
Hunts
Ltd
&
125
135
2 %
a
152
Jan
150
46
1.25
2,510
152 Va
Jan
Feb
1.45
20'i
10c
Jan
6c
5,000
4c
Jan
8c
Feb
8c
11.500
40c
Jan
59c
Jan
10 %c
11c
12,250
6c
Jan
9c
Jan
62c
60c
62c
1,000
58c.
Jan
65c
Jan
8'Ac
8 %c
8%c
11,500
6c
Jan
9 %C
Jan
10 Vac
11
100
7c
11
17'A
Feb
19'A
Jan
4,8)5
11 %
8c
1
....
11 %
Feb
12%
Jan
6c
Jan
11 %c
Feb
„
...
31c
Jan
35c
Jan
30c
30c
Feb
39c
Jan
.
47
Feb
57
Jan
3%c
Feb
•
(T
__
class
Erie
«
A.
800
48
50
48,000
65c
55c
9 5
2,900
8.000
c
lie
20c
35c
7,300
22
40
8
22
31 %c
2bc
33c
73,100
1.35
1.35
1.35
1,700
1
8c
8c
49c
48c
1
28c
8 %c
II,200
7%
paid
100
—
—
28'
•
Seagrams
Mining
165«
2
Diversified
*
Ltd
18c
_»
Dominion Bank
■16".
10
4
preferred
Gold
Lake
47
Feb
52
Jan
Ingersoll Machine class A
8 Vac
Feb
14c
55c
(John) & Co
Inspiration Mining
Jan
80c
Jan
Feb
15c
Jail
International
9%c
29c
Feb
43c
Jan
22
Feb
23
Jail
23c
Feb
33c
Feb
8c
1.48
Jan
1.20
Feb
Feb
10Vac Jan
Feb
15c
Jan
Feb
65c
Jail
27c 28 Vac
11,200
26VaC
Jan
32c
Jan
24%
21c
24 %
18,650
1,805
420
25
18 Va
2,500
5'Ac
Jan
7%c
Feb
7
100
7
Feb
8 %
Jan
8 Va
87
8 %
Jan
9
Jan
J;in
54c
Jan
25
20
20
25
Vs
100 *»
100%
Feb
Feb
25%
Jan
Jan
101 %>
24 %
100
Feb
1
4,860
32%
Feb
36
Jan
2,333
10
Feb
13
Jan
43c 46%c
67,956
40c
Feb
52c
Jan
5c
1,500
4%c
Feb
5%c
14c
14c
500
11 % c
Jan
4%c
1,933
4 %c
Jan
Feb
Jan
19c
4%c
14c
—1
Gold
20
10 %
323
4 'hc
4%c
1
Feb
Feb
20
25
Jan
7%
Feb
7 %
75
25
24
Gold
Mining
45c
2,500
7 %
44 %c
Jail
Joburke
Jan
Juliet
Jan
26
47c
7%
45c
1
35c
Feb
45c
.9
Uranium
18
27
361
2534
Jan
27 V4
Jan
12%
450
11
Jan
14'A
6c
Jan
100% 100%
10
Feb
4
5
43 3 8
5
:—1
Mines
20c
20c
1.6C0
16c
Jan
23c
Jan
40c
40c
43c
6.600
40c
Feb
54c
Jan
16,500
7%c
Jan
14c
Jan
1
—
lC'ac
9%c
11c
9
Mining
Kayrand
29c
1
Mines
Quebec
14c
14c
17c
11,500
13c
Jan
23c
Jan
13c
13c
2,000
8 Vac
Jan
13c
Jan
14'A
Jan
15%
Jan
Jan
43^'8
(4
43^8
Gold
Kenville
100%
Feb
5
Jan
Kirkland
46
Jan
4
Golden
*
22
*
15
7.190
7c
8VaC
113., 300
5ac
55c
bOc
12,800
1.39
1.36
1.49
14,120
1.32
Jan
1.67
*
1
Kirkland-Hudson
1,535
16
Feb
17%
Jan
Kirkland
22
23
337
22
Feb
24
Jan
Labatt
11%
130
11%
Feb
12
Jan
Labrador Mining & Exploration
Laxe
Ltd
(John)
14%
20 'a
5.25
19%.
19%
1
1
1
Gate—
1634
16%
14%
8'aC
1
Kerr-Addison
Feb
Feb
100%
43%
1
.
11%
16 >2
:
Jan
6 %C
International
Jail
12
25
common
25%
10
Feb
26 14
50
Stores
14 Vu
Jan
323«
15',4
12 ',2
1
B
Jan
24%
1U
Mines
Jan
13%
30
32%
Waite
19%
Feb
16'«
730
*
Jack
Jan
12,570
*
Jacknife
29
14
Nickel
common
Jan
17%
Petroleum
Co
Feb
28
7
100
Preferred
22
8'A
8
A
Feb
Jan
Jan
25%
International
18c
24'a
class
Jan
7'A
117
21 %
885
25
com.
Feb
Feb
5 %c
6
1
Powders
Bronze
%
Jan
28%
.100
common
..
a
287
International
Feb
1
Dominion Malting preferred
25
7
_
International Metals
16
a
Steel
22
16%
a
5%"
.
...
Preferred
Keiore
Magnesium
115
13%
14
'>
-
Inglis
10c
17-a
7
63
Feb
48c
18c
20
116
6c
25 %
17 V,
....1
Indian
17,500
16-4
7%
28%
a
25 3
2d
Jan
25,850
965
14,700
--
.___in
Bank
52c
51c
16 5 H
3,360
4 %c
7%
c
47 %
22
■!
100
common
Jan
11c12'2c
16
47
3 •'« c
116
? »
1
...
_.
47 %
Imperial Oil
Imperial Tobacco of Canada 01 dinary-5
14c
27c
.
Jan
45c
Feb
9,600
2.000
Jan
48
32c
3,500
Jan
45c
I
30c
30c
8 % c
Jan
30c
31%
12c
19%c
34c 34 %c
27C
X8%c
45c
57,000
%
1
1
-
_
_
Feb
45c
Jan
8c
500
18
17%.
Feb
28%
775
31',4
Jan
Jan
8c
Jan
1.20
Feb
12
8c
a
Malartic
Hugh
2 4'Ac
17c
7%c
...
Mining & Smeltin
Bay
Jan
Jan
10%,
16c
Jan
8V«
Jan
9 '/b
13%
8
Hoyle Milling
Feb
3c
Feb
Feb
8'A
5 %c
..
_
_
---
12c
Jan
n
8c
<1
_
1734C
Jan
6c
-1
Mines
123
17
1
Yellowknife
Hosco
Ja
Jan
13
380
11
Homer
80c
65c
"
Feb
10%
17c
10 'A
1
Mining
Feb
50c
Feb
4 %
Feb
58c
500
9
13%
Feb
4%
ll
__
....
Dauch
&
2 %C
8%
1
Jellicoe
Dominion Textile
16c
730
1
Jan
Yellowknife
Dominion
Feb
10'AC
39
!>
Mines
16c
x
class
Jan
1,000
15 '/a
»
Highland-Bell
Huron
_i
Coal
10%
15
8%
....
22c
Mines
&
Feb
13
0
500
*
Lake
Steel
10
39
1
....
525
1
Dominion
90
2'Ac
.»
16c
«
Ltd
Invest
Jan
10
15'A
1
24c
33c
Scotish
Jan
53
10
—
16c
.100
Preferred
103
Jan
54c
9
24c
Lake.
Dominion
%
—
Alabastine
&
Gold
Feb
7%
30 Va
10c
&
Jan
52
58c
—_
Red Lake
Feb
2'
"a
150
31
-__1
Foundry
95
240
15%
Imperial
1
Red
65
53
11'Ac 11'Ac
1
.__
__
3c
98
52 »A
52%
...
Gold
Hinde
Feb
4c
3c
"
__
Go.cl
Jan
104
7' a' Feb
1.20
150',4
Mills
Nickel
Dominion
Feb
Harding Carpets
10c
11c
15c
7%
*
Mines
Dominion
3c
Cotton
13c
10c
105 109%
10%c
5
class''A—
Mines
2,000
Peb
98
—
Howey Gold
13c
*
___«
55c
Leather
Dome
Jan
Jail
Pet roleum
Distillers
11c
Jan
Jan
Mines
Discovery
Jan
A
Gold
Highridge
Feb
34c
51c
*
Coal
Red
8c
Jan
80c
1
Patdcia
Dickenson
5,900
_
Mines
1.24
80c
3X%c
Aircraft
Detta
9c
4%
Jan
750
Pershing
Denison
Feb
8 'Ac
...
Wire
4'%
Oils
9'Ac
1
.....
2A.
7c
10,500
1
Mines
Delnite
Jan
common
Coal
West
Great
Jan
7c
24c
14,528
Mining
Decalta
5c
1
Imperial
Da vies
61.300
1
Paper
5'Ac
6c
100
Cosmos
Davis
8'AC
preferred
A
Feb
8,100
60c
Gas
D'Aragon
7'Ac
39
Lakes
Great
Jan
24c
8 %
Exploration
Cournor
Cub
7'Ac
Bousquet
Graham
17c
22c
2
Crowshore
12 %c
Heva Gold Mines
616
8
Mining & Smelting
Crow's Nest
Jan
....
...
_
class
Heath
13'/a
B
Croinor
5'Ac
50
Mackay
Headway
56c
2
class
21.000
Preferred
Gordon
Harricana
8
Consolidated Homestead Oil
Press
_
Jail
57c
Consolidated Cent Cadillac
Consolidated Lebel Oro—
11c
-1
common
14%
*
Consolidated Duquesne
Goodfish Mining
Goodyear Tire
Jan
II2
Mines
3.15
9c
Jan
80c
Bakeries
Consolidated
Feb
9c
—
Feb
13%
1
Consolidated
'Mines
2.45
22c
1
Mines
Goiavue
5%c
Jan
2.00
131/4
Petroleum
Ooldora
12%
7,150
Jan
2.70
"ii—1_1
Jan
3%c
17,500
1
Feb
9
Feb
9
High
_1
—
_
Porcupine
Goldhawk
Hamilton Bridge
1.60
1
Feb
2.85
Feb
15c
3,600
1.60
HI—I 1
2.65
Jan
2.43
65c
2.85
A
Astoria
Crestaurum
7c
6c
52c
2.8O
1
common
*,000
2.78
55c
(j 1.4c"
x
Jan
13 'Ac
9c
8c
1
Foil
21c
7,500
*
Manitou
Golden
Greening
Feb
Low
2.76
2.65
Jan
1
—
Consumers
Jan
1.66
«
Commonwealth
Conwest
Jan
1.20
1,20
Plow
Consolidated
1.50
1.73
18c
—
Jan
25
Feb
1.35
iec
Willans
Consolidated
800
1
.
Knitting
Jan
24
50
1.36
1.24
__
Consoiidated
24
1.35
23%
3,650
Yellowknife
Class
4,908
1.38
Malartic
Coioinac
15%
1.34
—
Lake
Feb
14 %
I_
Mines
Chimo Gold
Cockshutt-
15 Va
24
Research
Mines
Cochenour
Jan
'A
_~~1l
Mines:.
Centremaque Gold
Citralam
79c
12'A
100
•
Porcupine
Circle Bar
Jan
380
l
;
___
Central
Chromium
70c
14 Va
15r*»
_9
_
Patricia
Chesterville
3,900
14
9
Oil
Centra)
Cheskirk
74c
14
100
Castle-Trethewey
Chemical
70c
Jan
Jan
c——1_1
Leduc
Jan
Ills
200
25
Cariboo Gold
Central
Feb
10%
*
Utilities preferred
Canadian
10%
10%
Canadian Tire Corp __i
Canadian
925
io'j
•
common.—
Canadian Pacific
10%
<■
.
_
Locomotive
Canadian
10%
•
•
„_
Canadian
voting
Range Since Jan. 1
Shares
High
High
Low
High
Low
for Week
of Prices
Low
Par
Par
Sales
Range
Friday
Friday
6%
Feb
Jan
10c
Jan
41c
60c
Feb
Jan
20%
1,3.20
Feb
23%
5.15
5.25
3,835
5.10
Feb
6.50
Jan
4c
4c
1.500
3%c
Jan
5c
Jan-
Jan
Donalda
Woollens
12 >2
_
Mines
Dulama
Crest
East
1.25
1.34
16,500
3 1»c
2,500
3'Ac
Feb
5c
Jan
49c
Feb
64c
Jan
Feb
13 Va
Jail
Laguerre
Feb
65 %c
Feb
Lake
Dufault
Jan
25c
Feb
Lake
Fortune
T7c
Jan
Lingman
1
49c
49c
1,800
Feb
Lake
49c
11c
Rowan
1
9c
8%c
12c
13,500
6 c.
Jan
13'Ac
Feb
9'Ac
Jan
12c
Feb
Lake
Shore
Mines——
13 V4
1,505
10%
Jan
13%
Feb
Mining
34c
Jan
48c
P'eb
Wasa
12%
4lc
12%
Lake
1
1
9
1
Ltd
50c
55c 65%c
48,500
"I*
23c
23c 24' aC
22,400
21 VaC
13c
Mines
11 VaC 14'2 c
304,600
10 Vac
9%C
12c
12,700
9c
9c
9%c
11,500
9c
Feb
10 %c
Jan
32c
30c
32c
4,500
30c
Jan
38c
Jan
Oil
Leduc
25
1
Gold
Amphi
East
12 »a
51c
Duvay Gold Mines,.
East
12'a
12la
Lake
Dominion
Oil
La
East
Malartic
East
Mines
2.21
2.25
7,300
14,050
2.80
2.35
Jan
Jail
Mines
2.00
2.80
3.10
Steel
Washing Machine
Eddy Paper class A
Elder
20'h
Feb
3.45
Feb
7
Jan
7%
Jan
Lapaska Mines
100
20
Jan
20'/a
Feb
Laura Secord
17
Mines
16 V2
1612
I6V4
Jail
34c
35c
7,200
34c
Jail
41c
Jan
Leduc-West
62c
62c
67c
37.300-
62c
Feb
77c
Jan
Leitch
1 'Ac
Vac
l%c
Feb
l%c
Feb
Lencourt Gold
_
335
301,485
Vac
Sol
Equitable
Eureka
class
Life
A..'
Insur
11c
1,500
10c
Jan
12c
Jail
20
65
1934
Jan
20 'A
103,
50
1034
Feb
11'A
Jail
100
47c
Jan
60c
Jail
10 3
.25
Corp
4
Little
Ltd
Mines
Palconbridge Nickel
Players
Fanny Farmer Candy
4.15
4,500
1.020
2.20
Jan
6.25
350
6.00
Jan
6.30
16%
16%
110
8%c
8c
9c
21.000
4c
4c
14%
15
15
4.10
4.20
Jan
2.45
Jan
Jan
Jan
Jan
16%
Feb
19
8c
Feb
12c
10,500
3VaC
Feb
4'Ac
Jan
315
14'%
Jan
15Va
Jail
Feb
86c
Jan
1,310
4.10
14 Va
14 %
14'a
340
14
36 V4
36 >4
36'2
255
35
4.50
Feb
Jan1
Feb
16
Class
37
Jan
1,400
3,850
6c
2.000
6c
Feb
10c
10c
12c
6.000
7c
Jan
12c
Feb
87c
9
9
1
A
2
E
Goldfields
Lunwarcl Gold
80c
1.20
89c
2.100
78c
Jan
1.08
Jan
Jan
12c
28%
27 Va
37%c
13c
1
—
Jan
Jail
class
Groceterias
Lo'olaw
75c
80c
1.18
6c
80c
1.20
*
Lac
Long
Louvicourt
Famous
43c
2.40
Jan
52c 52%C
10c
Brass
10c
20
Gold.
Empire
41c
6.25
9
1
1
1
Oil
Gold
Lexindin Gold
31
1.45
Jan
2.40
5
34 e
20
,c
1.07
Jan
"U"
...1
Gold
Rights
201«
3'
,—*
9
1
1
:
Lang & Sons
--1
Mines
Eldona
Gold
Gold
Lamaque
1.25
1
0
Mines
Luz
Larder
Easy
1
.r_
.
Mines
150
Sullivan
Eastern
2.25
2.12
Gold
1.12
Feb
180
27'/a
Feb
29
40c
12,200
35Vac
Jan
45c
12c
13c
3,200
Jan
31%
28
37c
29
28 Vu
2
Jan
1.20
Jan
7'/a
28 %
658
lO'/aC
2.10
Jan
Jan
Jan
15c
Jan
2.50
Jan
Jan
Federal Grain preferred
Federal
Fibre
100
112
1
5 Vac
5 Vac
6 VaC
10,500
9
Kirkland
Products
112
9
100
—
_
common
112
10
112
5 Vie
Feb
116
7c
Jan
9
Feb
10
2.44
3,512
Mines
1
1
2.30
MacDonald
1
Shops.
49c
48 <5
51c
12.400
47c
Feb
74c
Jan
1
9%e
9%c
9%c
5,950
9c
Feb
13'Ac
Jan
Lake
Jan
Macfie
0 ^ r»
Macho
28c
500
Jan
34c
Jail
28c
MacLeod-Cockshutt
1.06
1.10
15.245
93c
Jan
Jan
7 Li
common
9'%
9%
110
9 %
Feb
6%
6%
450
6%
Feb
7|A
Jan
2.40
Jan
2.85
Feb
734
7
10
7%
Feb
8
2
2,100
1.80
Feb
2' i
Jan
Red
River
Ford
Motor
*
A-
Cos
21%
21%
23
690
9c
9c
9c
1,000
'Si
Gold
Francoenr
Fraser
class
25
-100
...
100
preferred
—
93
98
10
1613
Jan
Feb
B
Madsen
Gatineau
5'/(
5
•
Exploration
Power
21%
Feb
26
Jan
Magnet
9c
Jan
lie
Feb
98 Va
common
__
100
preferred
%
preferred
—
—
97 %
Jan
Geneial
Prod
General
Wares
i
...
&
.—
——
17 %
Jan
17%
Jan
106%
70
104%
Jan
106'A
Jan
Marcus
2.90
Jan
Jan
10
109%
Jan
110 %
1.75
2.00
650
1.75
Feb
2'A
Jan
17
17
14%
—
Gold
:
—
Preferred
Gillies Lake
Gienora
Globe
2
Gold
Oil
-
_
.
-
-
-1
_
25
17
Feb
17
Feb
McBrine
(L)
preferred
14%
14%
Feb
15%
Jan
McCabs
Grain
101%
Feb
102
80
5.45
5.60
3,949
10c
10,550
4.75
102
8c
5.85
Jan
God's
Lake
Feb
Goldcrest
Gold
Eagle
10'AC
Jan
McDougall-Segur
Mclnt.vre
3c
3c
3,500
2%c
Jan
3 'Ac
Jan
68c
66c
70c
7,300
65c
Feb
74 'Ac
For
Mines
footnotes
Gold
45c
42c
45c
4,500
42c
Jan
56c
Jan
McLellan
18 %c
ISVAc
19c
2,500
16c
Jan
19 %C
Feb
McWatters
1
-
see
page
42.
12c
12c
12c
500
5 'A c
4%C
5 VaC
10,000
10c
Jan
4'Ac
Feb
:
Jan
2.35
Jan
Jan
3%c
Jan
2.25
6,150
3c
3c
3c
800
2'Ac
8'/a
9
270
8%
Feb
11'A
Jan
4'ac
1,425
4'Ac
Feb,
5'Ac
Feb
4%c
4'AC
500
9'Ac
Jan'
14 %C
Feb
Feb
22%
Jan
Jan
__
13% C 13 Vac
193»
19%
19%
1,760
19%
27'A
27 »A
27'A
155
26%
Jan
27%
17%
17%
50
17%
Jan
17%
8
8
100
13%
12%
13 "a
1,120
96'A
96
96%
20
Feb
8
12%
Gold
Jan
13c
Feb
16c
Jan
Mentor Exploration
5'Ac
Feb
Mercury Mills
^
15%
Jail
98
Jan
17'Ac
Feb
6,000
55
50
50%
Jan
56
Feb
40c
42c
8,200
32'Ac
Jan
46c
Jan
6%c
7'AC
8,000
6'Ac
Feb
8c
Jan
9'
c.
9'Ac
1,500
9'Ac
Jan
12c.
Jan
__5
2.00
2.00
100
90c
Jan
2.00
Feb
__9
7
220
7
Jail
7%
Jan
42c
7c
*
—
Feb
Jail
55
55
1
i.
Feb
94
9
13 %C 17 VaC
15c
1
Lake
Jan
'
2.20
_9
5
■
Jan
2.23
9
Porcupine
Red
1. 30c
Feb
19c
Jan
i
Gold
2,500
100
common
—
Jan
1
.
—
Preferred
0
Gold
Mines
4,340
22c
Feb
McKenzie
Goldale
2.80
10
Jan
Jan
2.02
™9
9
class A
3c
1
—
2.70
19c
2.71
1.20
9
:
200
9'Ac
5.50
1
-
1
■
20
common
_•
17
101 %
100
...
__
C3
Jan
1.75
Maple
McColl-Frontenac
Giant. Yellowknife Gold Mines.—
9
9
1
1
Eastern
95
2.05
110
1
common-
1
Fields
Gold
17%
21,255
.
ul
—i
17 %
2.61
110
ft
class A_._
Mfg
Steel
Preferred-
__
Mines
Leaf Milling
Maralgo Mines
2.32
110
100
*
Bakeries
1.05
2.30
Jan
Massey-Harris
General
9
9
1
A
Gold
Lake
Consol
Malartic
class
105 %
2.58
*
———-1
Mines
i
—
Red
Manitoba
Frobisher
Gold
Export
MacMiilan
Class
Fleury-Bissell preferred
,
Feb
1.80
Fittings Ltd
Fleet Mfg
Mines
Macassa
9VaC
'
Volume
169
Number 4779
THE
COMMERCIAL
&
CANADIAN
RANGE
Week's
Sales
Range
Friday
Sale Price
of Prices
Par
Mid-Continent Oil
Midland
Milton
&
*
Pacific
Modern
Containers
Modern
Tool
Monarch
Works...
Knitting
a
_
*
common.—
Long Lac
Drug
Preferred
Sigma
12
Jan
Silanco
Va
13 Va
200
13
Feb
13 Va
Feb
Silvenvood
Dairies
4
Va
'A
150
Jan
5%
Feb
Silverwood
Western
4 h2
12 Va
10
500
20 Va
20 Va
20%
560
69
68
69
90
_
New
Marlon
10c
2,900
9 VaC
Jan
12c
8
%
C
10c
7,000
8 Vac
Jan
12c
Jan
38'A
75
6
50
38'A
Feb
38'A
Feb
6
Feb
16
•
1
^
South
•
1
•
32
21%
*
__
l
Jan
16
Feb
Jan
16 Va
Feb
42c
3,550
35c
Jan
47c
Jan
Standard
31 Va
33
85
27'/a
Jan
33
Feb
»
l
22 3
a
1,010
2.40
2,600
103 Va
35
a
12 VaC 13Ac
c
6,868
21%
Feb
2.16
103
23 Va
Feb
104
Jan
1
Stedman
1.77
9c
33,600
Feb
Steel
9c
Jan
2.35
Jan
12,600
75c
348.055
51c
Jan
75c
17 c
Jan
23c
Jan
6%c
1.77
Feb
Sturgeon
Feb
18c
Jan
Sullivan
10 %c
Feb
14c
Jan
Surf
5,500
7 VaC
Jan
11c
Jan
Sylvanite Gold
5,925
17 VaC
Feb'
26c
Jan
Taku
3,500
5% c
8c
Jan
Tamblyn
5:,4C
534C
19c
6c
Feb
64c
51c
1.09
1.09
1,000
1.07
Jan
1.15
Jan
57',4
56 Va
57 Va
1.935
54 Va
Jan
583A
Jan
12 Ac
13c
6,000
120
Jan
20c
3.20
3.05
3.30
15,209
68c
120,400
51c
Feb
3.05
84c
Jan
3.75
Jan
10c
9Ac
8c
11c
25.100
9-Ac
Ltd
Preferred
9 Ac
6%c
Jan
12c
Jan
60c
5,000
49c
Jan
60c
60,150
30c
Jan
40c
Feb
33,500
4 ' Li c
3 >
1.70
c
4
41
7,000
c
a
3 Ac
Feb
7
1.70
1.72
2.025
1.65
Feb
40c
6,000
39 %c
Feb
Silver
1.30
14c
1.35
5.700
15c
7,500
1.20
14c
Feb
Iron
Jan
Union
Feb
Union
5c
4.500
4c
Feb
6c
Jail
United
10.500
5c
Feb
6:,4C
Jan
United
123 V4
Jail
14 %c
72c
14%
c
1211
a
26
121'a
Feb
51
4
90
5
Jan
16c
15,000
80c
14%
36.650
5,000
e
8 Ac
6'A
Jan
70c
Jan
1.06
Jan
Jan
18c
l
2.38
2.22
2.45
Cadillac
:
2.22
Feb
355
36',a
Jan
1.900
1.00
5c
be
7,000
4e
21c
36,500
5' jc
6c
2,500
5c
4c
4c
2.000
3c
3c
1.000
39
*
l
Oil
18.370
39
1.28
16c
Ltd
39
1.23
*
Mines
5c
Jan
1.34
1C
Malartic
1
Malartic
4c
1
_____
Mine.s_
38c
Mines—.
1
37c 39 >ac
B
United
Gold
Piccadilly
Pickle
Porcupine
Crow
Gold
Jan
21c
Feb
Feb
8c
Jan
3 Ac
Jan
5c
Jan
3c-
Feb
3c
Feb
7,900
36c
Jan
42 Ac
1
13,600
9c
Jan
12c
Jan
73c
750
70c
Jan
89c
Jan
15,533
8c
Jan
14c
Jan
Voting
certificates
4.365
2.05
Jan
2.34
Jail
Tc
5 Ac
23.800
5c
Jan
8c
42c
4.500
35c
Feb
44c
Jan
40>4
Jan
4214
Jan
71c
Jan
1.02
Jan
70c
Jan
East
40%
75c
1
75c
73c
41 A
468
80c
1,900
74c
2.500
90c
Jail
14 A
14%
250
14 A
Fob
1638
Jan '
57
51 Va
57
74
50 Vi
Jan
57'a
i
1.53
1.50
1.55
5,760
1.44
Jan
1.65
Jan
i
6c
6c
6c
2,000
6c
Jan
7 Va c
Jan
Mines
Labrador
Quebec
Manitou
Queenston
Quemont
Reeves
l
1
_
Gold
•
Mining
•
Renabie
Roche
Mfg
common
15 1
3.25
3.05
6c
*
Lac
Oils
•
10
Industries
Gold
c
18
preferred
Jan
3.25
1.000
3,009
2.01
100
40
30
10
10 A
60
Jan
250
71c
3.800
14
240
14
13 7
62c
49
Gold
Jan
6c
Jan
8c
United
14
Feb
81
'
82
145
80 A
Jan
84
Jan
86
175
83
Jan
86
Jan
7c
7c
500
1.50
1.51
1.55
6.575
16 'Ac 18
2.40
40
Feb
40 V2
10
Feb
11
15.100
11c
Jan
Jail
Jan
Jan
1.62
33c
33c
1,000
20 A
26%
175
26 Va
Mines
50
52
2.75
2.90
16c
14 Vac
18c
42.
Feb
28'A
Jan
50
Feb
52
2.54
8
10c
500
10c
Feb
13c
Vac
40f
Jan
49c
Jan
247
u
25'/a
2.045
247«
Feb
25Va
6.60
Jan
300
3,112
51c
Feb
1.16
96c
1.17
51,900
87c
95,360
10Ac 12%C
26,700
9c
Fell
19c
17,400
480
6c
Jan
10c
Jan
18%
Jan
8Vac
18
Feb
Feb
14
Feb
86
42
4
19 V»
Feb
40 3 h
40»/4
49%
110
40 A
Feb
4.10
4.10
4.25
3,022
3.80
Jan
5c
8c
8c
251
a
44c
5c
1.000
8 Va C
5,000
25 Va
25
4Gc
13,200
23 V4
23%
47 A
47'4
25
16c
230
10
Feb
11
Jan
50
158
Feb
168
Jail
10'A
10'A
25
10
Jan
0
o
11%
11 Va
80
11V2
Feb
100 Va
100'a
5
100%
Jan
10c
100 V
10c
1,50't
1
20
<>3c
20
65c
i
B
20
50
20
20,/a
20
Feb
77c
Jan
8%
Jan
9c
Feb
14c
Jail
Feb
24 Va
Jan
ll'O
20
165
50"a
Jan
52
17
350
17
Jan
17'/a
Jan
2.25
2.60
10,900
2.20
Jan
2.94
Jan
15c
13c
15c
52
1,600
12
VaC
Feb
6 58
6'B
6%
170
6%
Jan
7%
Jan
1.07
1.70
3,912
1.52
Jan
1.82
Jan
5.50
5.65
2.296
8 1 if
8 Ac
5.60
8
-
jC
i
W)
*
23 Ac 23
13s
13
25-
25 >
*
2
10
5.50
600
lac
15 VB
53,020
26'
a
8 '.4c
6.40
8.75
Jail
26c
Jan
Jan
15 Vb
Feb
Feb
28 Va
Jail
10
Feb
11'A
Jan
13
50
1.500
10c
Jan
7,200
7c
Jan
a
c
37
37 A
12
170
23 A
23 A
230
34 A
Grocers
34 A'
34 A
10
22
22
22
235
97%
97 A
35
25c 29 'A
167,700
common...
Weston
(George
j
common..
Preferred
.100
Wiltsey-Coghlan
Wingait Gold
Winnipeg Electric
--
-__1
27c
1
—
7c
6
VaC
7c
Feb
13
36 A
28%
28 %
A 00
Wool Combing
Wright Hargreaves
301
100
32.000
.
Yellowknife
Bear
Ymir
Yankee
Knitting
Class
5
_
780
A
B
2%
22
Feb
24
Feb
97%
"
Feb
100 A
8c
Jan
37c
Jail
Jan
Feb
11 Ac
Jan
Feb
34 A
Jan
65
98 A
6
20
J a'n
100
19
Feb
20
2.15
175
9.225
Jan
2.50
Feb
Feb
Jan
75c
6.360
63 c
Jail
5c
1,000
4 Ac
Jan
6c
Jan
6 A
50
6A
Feb
7
Ja
2%
320
2%
Feb
3
Feb
2%
|
'
80c
Jan
11
Excliange-Ourb Section
Canadian
Friday
Sale
22
Brown
Feb
Canada
Columbia
Co
Canada
Jan
Jan
•
4.50
Price
Par
British
Pulp & Paper
com
—
common
.
*
Funds
Week's
Sales
_.
tf
common
Vickers
...
...._
Canadian
Western
Jan
Canadian
Westinghouse
Feb
Consolidated
_
5 Va c
Feb
Dalhousie
Jan
10c
Jan
Dominion
Bridge
Feb
25'/a
Feb
Dominion
Glass
Jan
49c
Jan
Donnacona
Oil
*
47
Jan
48
Jan
15c
Feb
20c
Jan
International
11 Va
Feb
12'A
Jan
Minnesota
Hayes Steel
375
1.47
850
1.45
Jan
1.60
Jan
Pend
2.11.
2.20
18,086
2.10
Jan
2.59
Jan
Southmount
&
Oreille
Jan
4
Jan
98
Feb
103
Jan
20 3
20
Jan
22%
100
12 A
Feb
13'A
Jan
20 A
20 Va
21 A
625
20
Feb
22
Jan
1.70
-
A
Jan
1.75
300
69
71 A
135
141
141
10
3%
3%
3 A
2,600
50
10
50
Feb
53
Jan
16%
16'a
17
895
16'A
Feb
18
Jan
38
785
38c
Jan
71 A
38
_______
1.70
64%
135
3%
Feb
2.00
Jan
Feb
79
Jan
Jan
143
Jan
Jan
3A
Ja
n
Jan
45C
31%
Jan
34 A
37
Feb
37
Feb
19%
Jan
20
Jan
4
33 A
__
*
37
37
19%
19%
33 1
145
a
37
50
■>
19%
500
•
2.75
2.89
1,000
2.75
Feb
3.65
Fob
Jan
4
_
1,000
114
Feb
405
--
16c
110
High
Feb
3%
4
Jan
11 3'4
98 A
100
•
_
common
Oil
24'A
310
12 A
_
Paper
Jan
25
3%
year 19IS
50
-2
-
Paper
Jan
Loxo
102
12 A
100
„
Lumber
_.
98
Range for
High
A
1
•
common
Preferred
Jan
8c
98 A
20
Marconi
Canadian
3%
12
Industries
102
Shares
•
Sugar
Vinegars
Canadian
for Week
of Prices
Low
102
1
100
_
and Dominion
A
11
Jan
Feb
5c
class
4c
23'A
Feb
24
35
6 A
Girl
25 >2
40c
38
Jan
V2c
2.30
71c
Feb
27 A
19
Mines
Jan
Jail
9c
640
a
ICO
2.20
2.22
Jan
22
Feb
13'/ac
30%
41
common
Preferred
Jan
9Ac
Feb
10c
8'
Jan
2512
75
10c
i
17c
Jan
23Vac
3,835
10'A
Feb
6c
1,000
13
i
A
Feb
1.70
l
&
Jan
17
•
(G
9%
51A
•
common
Feb
10c
Feb
Feb
52
»
•
Jan
2.57
25
1
Jan
Feb
1,600
-
Feb
12
lOOVa
60c
3,232
9 Ac 10'Ac
«
preferred.—
Vac
10'A
20
6,500
9 Va
8
29
60c
9
•
Products
Class
Jan
159
__<■
1.45
2.11
1.23
10'A
common
A
Westeel
Feb
Jan
10
Malartic
Jan
6.70
13 Va
11A
9%
69c
158
Jan
17 3i
7V4c
1734
6.35
81%
23 Va
Feb
10
Wekusko Consol
West
Feb
18c
Jan
9%
158
.
6.70
20
*
Jan
9%
54c
Feb
Jan
3.10
100
Jan
6,000
100
45c
Jan
52c
Mines
Ltd
Feb
Feb
26 A
9%
Ltd
(Hiram)
Class
Feb
36c
54c
Amulet
Walker
Ja n
11 Ac
Feb
i
Oils
Waite
20c
26c
41.000
*
Jan
100
1
page
8V2c Jan
5,265
—
*
A
16
60
2.75
1
STOCKS—
16'2c
19 A
50c
see
Feb
1.27
Jan
13'/a
1
footnotes
Jan
Ac
5,575
Jan
81'«
«
Gordon
Jan
1.70
1.55
Jan
45c
ID'
100
Gold
8 Vac
Feb
'
<•
Canada
Foothills
com
Jan
1.45
Jan
3.75
13 V2
t
Power
5c
1.50
1.45
steel
Upper
Feb
10%c
.
25
Jan
Feb
4%
75c
Jan
Jan
Feb
2.01
42c
1
&
13
Jan
81 VB
__i
Feb
Jan
Jan
2.85
1
Ltd
A
85
81
___
8
4
60c
Jan
17
.
99
Shea's Wpg Brew classiA
For
4 A
69c
Jan
7%c
,50
Canadian
Shawkey Mines
Sherritt
Jan
15
1
Mines
Preferred
Sheep Creek
45c
1.04
i
Mines
Water
25 >4
8 Ac
Scythes & Co preferred
Senator
Rouyn Ltd
Shawinigan
3,116
67c
10c
42c
12%
common.
preferred
Antonio
River
4 A
Feb
Jan
Va
6,500
Hiii
Preferred
St, Lawrence Paper 1st preferred-
Sapd
Feb
4,995
.
86c
6 %c
11 Ac 12 Ac
6.65
Corp 1st
2nd preferred new
Sannorm
55c
16%
Feb
8,600
90c
58c
40
i
Co
Lawrence
San
12,950
6c
10
1
Royalite Oil new
Roybar Chibougamau
Rupuhuni Mines
2nd
Va
4
Last
Royal Bank
St
a
62c
2.01
*
........
Cotton
Long
Russell
50c
16%
l
Roehette Gold
Roxana
87c
i
Mines
Robinson
89c
58c
j
Regcourt Gold
Robertson
62c
1
Maedouald
8
8c
preferred
York
Quebec
"s,
Feb
Jan
Dome
Mica
41
•
■
Feb
Jan.
37c
4
100
Corp
Purdy
2.25
i
Premier Trust
Preston
2.12
l
Gold
trust
1 0 1
11%C
*
Rouyn
A
7 A
...
l
River
Powell
2.15
22
4
4<J5
4
Jail
10c
c
Mines
Porcupine Peninsular
Porcupine Reef Gold!
Powell
lie
Jan
.185
8
4 A
Feb
Jan
73 c
l
'20 A
Va
Jan
8c
Vicour Mines
9 Ac
9 Ac
i
,
Feb
8c
Oils
Western
Perron
Feb
9
l
class A
Vulcan
8c
12 Ac
Works
Keno
Watcrous
Paramaque Mines
83
Jan
7 A
•
Jan
Jan
*
365
Feb
7
1.90
Explor
Fuel
United
82
Jan
Jan
L.
Feb
3.05
39
Jan
22
7
Jan
19c
Feb
1334C
22
Jan
A
»
Mining
Corp class
Ventures
Tubes
Cons
8
15c
tic
i
Petroleum
Gold
i5Ac
i
Mines
Western
51
40
2.085
Jan
54c
1.41
Gas
5 Ac
1211^
4
9
82 3
1.42
Jan
8,575
Finance class A
rights
Transcontinental Resources
5c
121A
6
Traders
41 L>c
5c
17c
Jan
1,515
Feb
n
2,500
0
A'
Towagmac
1.62
6%
1.30
Jan
1.66
Toronto Mortgage
Jan
45c
Jan
1.60
General Trusts
Jan
Jan
4,366
Ja
19 A
23 c
1.60
Mines
Jan
1.95
7.700
27
Feb
Feb
A
i
Tip Top Canners class
Toburn Gold
'Ac
53c
17
18c
8
50
8%
4
Jan
39 %c
1
i
22
1
;
Tech-Hughes Gold Mines
Thompson-Lundmark Gold
Toronto
Feb
26 A
75
500'
1,500
Jan
40c
Jan
Ac
common
Toronto
8c
34c
9Ac
Toronto Elevators
57c
Feb
48 c
8%
*
Jan
37c
Jan
25c
9c
Mines
13 V2c
37c
Jan
44c
1.^5
82
—
l
Mines.
Feb
57c
Jan
99 A
6 A
l
River
Torbrit
26 A
Feb
1.30
8%
Jan
9 Va
Feb
97
100
17 A
Jan
33 Ac
46c
1
Inlet
Class
Porcupine
1.31
*
Jan
Jan
342
27
17 Va
.
8.25
__._..50c
Cons
6%c
21,166
8 Vac
25
26 A'
17 Va
*
Contact
114,100
17 Ac
...1
Mines
common
Gold
Sudbury
9%c
•
Hcrshey
1,803
25
1034C 11 Vac
11 VaC
14c
Gold
Canada
River
Jan
26c
Feb
9,450
23 A
25c
—
*
Steeloy Mining*
Steep Rock Iron Mines
20c
1.32
50
:
15c
1.90
Jan
30
1
Feb
61c
Feb
30
Jan
'
11.373
—0
Gold
Jan
18 Vac
95
Feb
98
°
of
Feb
27%
37c
*
12c
19c
*
Orange Crush
;
4 VaC
100
Exploration
A
A
Bros
Co
93
34c
•
Preferred
8c
•
i
class
Olsen
Feb
97 A
*
B
Starratt
9
34
Jan
2.50
Jan
Feb
275
9%
7.50
300
*
Standard Paving common
Preferred
Class
common
coninion__
Stanley Brock class
103
Jan
23 A
100
15%
15%
8 Vac
1
Mines
Chemical
325
21%
Feb
41c
19 Vac 19 Ac
410
103%
55c
Feb
25
•
Radio
Feb
32 Ac
93
*
Class
40c
21,700
34c
*
Mines
Standard
31,200
37e
28%
Oil
Springer Sturgeon
12 Vac
•
Debenture
Co
Brazeau
Jan
27%
.20
—
16
5
&
Co
16 A
1.85
Oils
Paymaster
<N)
16
2.33
Ogaina-Rockland
Lake
Slater
17
100
9
1
___
Jan
Feb
8.00
93
:
16
•?
*
100
Mines
Loan
—_
17 A
97 V4
1
40c
«*
Mines
Omnitrans
100
Malartic
Feb
15%
28
*
Gold
16
32 Ac
--
"
Preferred
25c
O'Leary Malartic
Omega Gold
A.
A
Stadacona
Jan
Gold
Oil
class
330
310
9
.100
Jan
8
28 Va
18c
Gold
0
pfd
High
1644
16 Va
45c 49 VaC
37c'
Jan
Feb
Gold
Mines
Norseman Mines
Power
Slaaen
27%
Malartic
Star
A
Dailies
Loxo
8.00
Jan
Mines
Northland
class
Range Since Jan. 1
High
16 Va
46c
1
—
_
B
Siscoe
Feb
Norpick
Pen-Rey
Jan
Jan
14
Mines
Partanen
23 Va
11 Va
1
Canada
1
Mines
Shares
15%
8.00
Mining
Class
73 Va
Jan
A
.
16%
certificates
Simpson's Ltd
Jan
Feb
*
_.
Low
*
1
Miller
Feb
10%
Mines
Inca
trust
common.;
Mines
19'A
12'A
__
Mining
Voting
68
50
Oils
Noranda
Parbec
Jan
130
7 34 c
Niplssing
Pandora
Jail
60c
285
Yellowknife
Nicholson
Breweries
Jan
94
C
8c
Pacific
14
Feb
Jan
28
Thurbois
Painour
Jan
43c
12 Va
Mines
Pacalta
Page
12 Va
93
73 VaC
New
Osulake
4'/a
11%
Norzone
Osisko
1.55
11%
Gold
New
Sick's
__
27 3 4
Jason
New
Orenada
Jan
Va
6
12'
Calumet
Ontario
17 Va
28
A
Bidlamaque
Okalta
Feb
11%
Car
New
O'Brien
16
—5
preferred
New
North
Jan
Preferred
5
Alger
North
6%c
12 Va
Pipe class
Steel
Northern
120
93
45c
16
Negus Mines
Neilson (Wmi
Normetal
Feb
20
Hosiery class
Norbenite
12 'a
93
common
Sewer
New
5
45c
—
B
National
60
5%C
Southam
L,_—
.
National
Pan
Jan
Feb
•
a
38'A
"I-II
Petroleum
Nib
Feb
10'A
common
National
New
1.10
1,150
8%C
common—
Giocers
Class
1,900
10 Va
171
8,500
9
Preferred
National
T.30
♦
_
Breweries
National
1.10
6c
for Week
of Prices
Par
10'A
,
Mylamaque Mines
National
High
1.10
—„1
National
Low
17
___100
Corp
high
Sales
Range
Sale Price
STOCKS—
Week's
Last
Range Since Jan. I
5 3A c
*
common
Montreal Locomotive
Moore
Friday
Shares
Silver
Porcupine
Mosher
18
57/bC
common
Preferred
Moneta
Low
41
.
13
_
(837)
MARKETS
FEBRUARY
16'/a
*
Corp
ENDED
17 Va
Grain
Brick
Mining
LISTED
WEEK
CHRONICLE
for Week
Last
STOCKS-
FOR
FINANCIAL
..
Paper
Ontario
26
...
common
Paper—
;
Investment'
__
«
*
1
»
_
26
—
~55
26
Feb
31%
Jan
52 A
51
53 A
1,231
49%
Feb
58
Jan
20
19 A
20 V«
825
19A
Feb
22 A
Jan
5.90
5.50
5.95
4,325
5.50
Jan
6.70
Jan
41c
41c
375
41c
Jan
42c
Feb
42
Monday, February 21, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(838)
OVER-THE-COUNTER SECURITIES
.
Quotations for Friday
^February 18
Obligations Of Government Agencies
Investing Companies
1
—1%
Aeronautical Securities
Fund
Affiliated
Inc.
Shares
Business
American
series
Shares
Inv
Tr
7.39
15.23
6.84
14.01
4%
5
1
1
5
2V2
2
95.26
20.08
91.45
America
of
83/4
8
1
Corp___
Holdings
Bond
3.93
3.59
2
A_
Beneficial Corp
Blair
26%
25
Federal Land Bank Bonds—
lc
3.14
3.47
Equipment shares_lc
3.33
2.94
3.51
3.67
3.30
3.61
Petroleum
3.87
lc
3.15
shares
3.56
——.—--1
Inc
18.57
100.2
98.24
99.2
101.20
lc
shares
3.85
7.07
23.95
Investors 2d Fund
—1
10.87
1
-F2r90
2%s Feb.
1
12.73
1
7.82
8.45
1
6.62
7.23
1
6.08
6.64
98.26
101.12
6.37
4.14
Century Shares" Trust—.
1
31.72,
34.11
National
Fund
1
12.59
3,020
Chemical
1
1
25c
5.29
13.21
1.34
13.62
3,170
148
5.75
14.44
1.47
1
23.79
25.44
1
15.37
16.44
20c
5
3.60
22.44
3.74
24.26
Inc_l
1.72
21
4.92
12.77
5.62
1.88
23
5.48
13.99
6.48
43.26
46.52
4.57
5.01
___—
Securities com—100
Christiana
100
Preferred
Investment
Commonwealth
Delaware
Fund
Dividend
Shares
Eaton
143
Howard—
Mass
Fund
Balanced
National
Security
Series—
series
Bond
Low
1
Series
Stock
Preferred
Series
Bond
Priced
1
Series
Income
Stock Fund
Equity Fund Incu.
Fidelity Fund1 Inc—
Financial
First
Industrial Fund
Corp.
Boston
10
:
1
Fundamental Investors Inc
2
Fundamental Trust shares A—2
Trust Fund
First Mutual
1
1
Capital Corp
Investors Trust
General
General
Securities—
Agricultural shares
Group
lc
6.06
6.58
lc
lc
5.43
-4.97
lc
6.77
5.90
5.40
7.35
shares
Automobile
shares
Aviation
Building shares
Chemical
shares—
lc
5.70
6.19
Electrical
Equipment shares lc
lc
8.51
9.23
4.21
4.58
Fully Administered shares_-lc
General bond shares
lc
Industrial Machinery shares lc
6.75
7.32
7.30
6.27
9.11
6.69
5.27
6.73
7.92
—
shares
Food
bond shares—-lc
Institutional
Investing Company shares~-lc
Low Priced shares—:
—lc
Mining
shares
5.72
7.30
5.50
shares
lc
lc
6.90
2.35
7.49
2.57
Equipment shares
lc
3.49
3.80
shares
lc
3.99
4.62
4.13
4.34
5.02
4.49
shares
Petroleum
Bond
Railroad
RR
7.26
5.06
lc
lc
shares
Merchandising
6.80
9.57
stock
Railroad
Steel
lc
ale
shares
shares-
Tobacco
lc
4.88
5.30
1
Fund—_10c
4.15
1.58
4.48
1.62
5
19.43
21.01
Utility shares.
Howe Plan Fund Inc
Income Foundation
Incorporated
Bank
lc
shares
Group
Insurance
7.54
74c
1.01
11.61
23.62
6.73
12.49
lc
lc
shares
shares
Group
Group
lc
Investment Co of America
1
Investment Trust of Boston—1
Investors Management Fund—1
Stock and Bond Group
B-2
1
27.08
28.32
Grade Bds)—1
Bonds)_—_1
23.04
25.14
15.70
9.16
17.13
10.00
16.41
20.88
27.64
14.37
11.54
4.53
Bonds)
(Investment
(Medium
Priced
B-3
(Low
B-4
(Speculative Bonds)
1
(Income pfd Stocks)
1
(Appreciation pfd Stks)_l
K-l
K-2
15.04
19.14
25.33
13.16
10.58
4.14
(Quality common Stks)-1
(Income com .Stocks) — 1
S-3 (Appreciation com Stks)_l
S-4 (Low Priced com Stks)—1
S-l
S-2
1
4.39
4.82
Mutual Fund—.*
88.85
43.08
90.66
43.96
Fund
Knickerbocker
Loomis Sayles
Sayles Second Fund—10
Loomis
12.78
Custodian Funds—
Keystone
B-l
8.27
82c
1.11
12.72
25.68
7.84
Int. Rate
Maturity—
Par
Casualty
Aetna
Aetna
Life
&
Surety-
Speculative Series
1
3.01
1
53
4.56
5.52
■
1
13.68
New
York
Fund
England
1
8.35
Automobile
1
1
5.61
5.97
9.65
Aviation
1
Bank stock
7.39
—1
Building supply
11.26
1
Diversified Investment Fund_l
9.86
10.81
stock —1
1
9.63
7.24
10.50
1
10.98
12.03
9.09
8.76
preferred
Electrical
equipment
Insurance
stock
3.82
7.93
Machinery
Merchandising
1
1
Metals
1
7.83
1
1
14.40
10.27
1
5.83
4.66
:
1
5.87
1
Dated
Rate
1.55%
15
14.12
5
Fund
1
(Geo)
Putnam
1
1
Investors Fund
Russell Berg Fund Inc
Republic
2.28
25.34
2.50
27.25
47.31
2'/a
9.69
18%
1
5.69
Investors
Invest
Standard
1.65%
10-
1-48
7-
1-49
bl.55
1.40%
1.65%
11-
1-48
8-
1-49
bl.55
1.40%
7-
1-48
4-
1-49
bl.45
1.55%
8-
2-48
5-
2-49
bi.50
1.30%
1.60';
12-
1-48
9-
1-49
bl.55
1.40%
1.50%
12-
1-48
5-
2-49
bl.50
1.30%
1.60%
1-
3-49
10-
3-49
bl.55
1.40%
1.65%
9-
1-48
6-
1-49
bl.55
1.35%;
1.55%
2-
1-49
11-
1-49
bl.55
1.40%
1.55%
,[
United States Treasury Bills
bl.15
:
0.90%
1.00r;
Apr.
Apr. 21,
1949..
1.04%
Apr. 28,
1949
May
5,
1949
May
12,
1949
May
19,
1949...
Mar. 10,
1949__
bl.16
bl.16
Mar.
17,
1949
bl.16
Mar. 24,
1949
bl.16
1.06%
1.08%
31,
1949
bl.16
1.08%
7,
1949
bl.16
Trusteed
9.00
25c
66c
1
Apr.
7
_1
17.33
Series C
1
5.83
18.50
Bond
series
Fund
A
Union Preferred Stock Fund-—1
Wall
Investing Corp
Wellington Fund
Whitehall
Fund
Series
North
Trust
Amer
34%
36%
Lawyers Trust
1
6.47
7.45
2.15
2.45
Bank
1
Fiduciary
1
1
Trust_20
5u
9%
5034
.86 %
10"2
52%
89'2
Public
Morgan
New
Companies
Par
5
Bid
30%
29
—20
41^%
14%
15%
47
22 %
40
25
67
National
Sterling
Trust
15
Title Guarantee &
30%
32 'a
12
United States Trust
Trust
100
8%
70
8%
605
575
Security Issues
Ask
Bid
Steel
1979
3s
$1.20
Edison
Consolidated
3s
—
-1979
101 7
27 %
21
23
Merchant
5
28%
30%
4
7%
15%
12 %
"
preferred
conv
23
22
102 Va
8
Florida
29%
D
Refining—
&
Oil
Ask
Bid
Par
Stocks—
Ashland
101%
101
50
14
Casualty common—1
preferred
10
preferred—5
Massachusetts Bonding
—5
48
5
60
10
38'2
—
$2.10
N Y
Prior
$1.05
Convertible
Fire
Assurance
& Mfrs_
Pow
pfd. 100
Sz Lt 4%%
26%
90%
92
10o
99 %
101
56%
36 V4
32'%
43
8 7'/2
83 %
54 V4
34 '4
36 V*
Fire
15
ft'
10
57
10
61
Fidelity & Deposit of Md__ —20
174
-10
63
10
-
of Frisco-
5
Firemen's of Newark
25V4
26 3
5
6%
12.50
89
25
60
Preferred
-
86
5
Accident
10
66 Vs
Reinsurance
78
81
Republic
16%
3
34%
26%
28'/a
Seaboard
48 Vi
50 Va
(N Y)
2
10
(Texas)
12%
10
Surety
10 Va
11%
Rutgers Fire com.. —15
32
34
15
(New
—
-
—
..
100
___
—
—
32 V'a
34
Travelers
U
American-
103 %
102%
103%
_1978
102%
103%
Pacific Pwr & Light 3%s__ .1977
99 '/a
Ohio
3s
S
Fidelity & Guaranty
10
32
34
U
S
Fire
10
122
125
U
S
Guarantee
5
10
_
..
3s
Power
3 5'/a
37%
Y
State
4.50')
Westchester
—
—^
Fire
Electric
83 Vs
100
90%
& ,Gas—
Okla
.100
106
100
107
108 V'a
pfd-100
preferred
Gas &
...
EI 5%%
Fenna
Pow
new
pfd
—
Edison
3%s
_
1977
1978
Diego Gas & El 3s
1.05%
103 %
(Colorado)
104'%
4.40'.;—100
107%
109
4.70';.
.
Ser
104%
104
Public.
San
104
pfd —100
4.60%
Lt
Edison
Pub
101
West
Penn
Power
-1978
3s
102%
103 %
103
103%
102%
Service
(Indiana)—
103 %
3.50%
10o
preferred
Public Service of New Mexico.—7
Power
3s— -1978
85
83
4 Vt %
Gas
14 Va
14%
102
105
100
100
101%
Transmission—*
13
13%
preferred
Tennessee
89
...1C0
....
Transm's' Co—-
preferred
„
3%
Texas
36'%
Eastern
Corp
"A"
..1
1 Va
1%
87
53%
35
45%
33 %
56%
6.65
Co—2
52
4
10
59
—
&
Potomac
Wise-Michigan
84
82
—5
—
Security
Elec—
...
5%
28
17 Vs
Corp
Gas &
preferred
Tucker
Haven)
—10
Springfield Fire & Marine
10
Standard Accident
10
—
103
1978
Elec
England Power 3s
182
5
preferred
1978
Narragansett
54
10
Indemnity Co
Phoenix
Providence-Washington
V2
England
7 V
94
105
10
Fire
10
_
New
5V4%
Pacific
St Paul Fire & Marine
Corp_
103%
16V
2.
2.50
River
Pacific
Inc
.
100%
102 Vs
56 '/4
38 Vs
100%
45'%
5
Northern
Group
....
30%
10
Fire
Northeastern
10
.1969
3%S- .1978
3s
N
Potomac
22
Lt
&
Pow
38 %
York
20 %
10
Louisiana
pfd
23%
54%
5
Hampshire
New
Kentucky Utilities 4%%
-_
8
lo
—
Amsterdam Casualty
68 Vs
Utilities
States
97
•
90
—
Gulf
.1967
2%s
4%%
23%
(Detroit) —10
Fire
New
66
—
Assoc
Reinsurance
Cudahy Packing
New
85
36 "2
Life-
85
38
14
111%
101%
25%
5
—
82
—
10
Trust
&
Ask
America—10
45 V'a
Fire,
Fire
Nat'l
—
Casualty-
Hartford
.25
Bank & Trust-17%
Trust
York
10
Bank
Bonds—
Home
-25
Hartford Steamboiler
(J
2.27
23 '/■>
Shippers-
Fire...
51%
233
40%
National
Trust
Manufacturers
40'4
3.28
1956
Series
North
Great
49'4
227
38'2
40'/4
38 Vi
Shares—
Series 1955
65 V'a
Boston
Hanover
20
100
12%
38V2
Trust—
&
Empire Trust
Federation
Co
P) & Co Inc
City Bank
10
Trust
&
■
Continental
,—
20
Bank
10
100
25
Irving Trust
Commercial National Bank &
Co
16%
1,045
45
15
Chemical
Trust
31
15%
1,365
43
Kings County Trust
16.29
3.56
269
29
89 %
18.05
12.50
260
86 %
Bank
National
11.90
10
102 '4
Stamped
Independence Trust Shares
—10
—
—
1.11%
100
40V2
99%
9.16
16.54
2.50
Jersey Insurance of
Surety
Republic..
1.11%
—
38 %
Chase
Corn Exchange Bank &
E
10
&
1.11%
Industrial Bank of Commerce
Guaranty Trust
3.34
3.19
100
Bank
National
100
9.34
15.15
3.29
First
—10
9.63
1
26Vi
100
York
New
Trust
Bankers
8.86
1
New
2nd
1.11%
Ask
Bid
Par
Ask
24 %
Co—10
Central Hanover Bank & Trust 20
Shares—
Trustee
of
Manhattan
Brooklyn Trust
Type Trusts—
Diversified
the
of
6.67
1
-
Inc
Wisconsin Investment Co
Unit
Bank
Bank
18.44
1
Shares
Fund
Income
Street
56 '/a
Automobile
Globe
1.10%
1.10%
Gily Banks & Trust Cos.
Bid
Par
1
Union common Stock Fund
United
New York
9.81
74c
20.84
Series B
Union
62 Vs
Globe &
bl.17
bl.17
bl.17
bl.17
bl.17
bl.17
1949
1,10%
1949
3,
49.25
Industry Shares
Casualty
_
14.
6.23
77c
46.25
Television Fund Inc
Union
Falls
Ask
Bid
Ask
Bid
1949
24,
19%
10c
Corp.*
Fire
Glens
Ask
Bid
Due
Dated
Rate
Ask
85c
1
Inc
Co
Investment
Street
National
General Reinsurance
1950 vvi—-
10.49
Shareholders Trust of Boston—1
Selected Amer Shares
Sovereign
National
Fund
1950
1,
1.20%
Mar.
15.18
15
E-und Inc
National
Fireman's
1950
1.
1.25%
Feb.
47.31
19 %
of Phila
1,
Feb.
Bid
1-49
10.76
Stevens & Clark
Scudaer,
29 '/a
Fire Assn
Jan.
bl.40
Due
3-
l*-48
6-
Mar.
Trading-,
&
Petroleum
54 '/2
25
-
1 %s
8.29
Tobacco
7.56
9.62
equipment
27 %
Federal
.0327
.0380
.0322
.0272
.0296
J1 '%S Mar.
6.43
1
Railroad
17%
Employers
Dec. 15, 1949
100.0205
100.0218
100.0151
100.0085
100.0098
9.60
Steel
—io
Fcrster
1949
il%s
5.11
Utility
Railroad
: —2 ¥2
&
1,
41 Vis
6.39
1
Public
Re-Insurance
Employees
Oct.
11.25
Coast Invest Fund
Pacific
Fidelity & Casualty-5
Crum
.9846
11'is
15.78
of
General
99.9774
8.58
Oils
American
Conecticut
1949
9.96
Diversified
American
Continental
.9933
1,
8.10
10.62
Merchants
Camden
99.9851
July
6.15
9.69
14%
&
.0068
1949
fl'/as
10.58
10.61
3.49
Corporate bond series
Diversified Industry
American
Bankers
100.0003
9.15
1
_•
Insur Co of North
-
American
1949
6.54
1
Chemical
55%
Casualty
American Equitable Assur_
Newark
1,
Inc—
Stocks
Agriculture
34
Automobile
American
Ask
.0036
Apr.
Indebtedness—
of
14.67
New
Maryland
American
Bid
100.0002
Jl'aS
1950™
3.37
4
—
1949
U'/aS June 1,
lApril 1,
Mar. 1,
v
3.08
"
Jl'-iiS
3.53
—25
-
Maturity—
.1472
100.1252
6.03
3.23
.-10
Alliance
American
1961
3s
Canal
Certificates
l'-YaVf.
4.98
1
Group Series
1
Low Priced Com Stock Series 1
Selected
Ask
82
10
—
-
Agricultural
Bid
—10
Insurance
121
Issues
Price
Treasury Notes—
Bethelehem
Aetna
119'%
Ask
Bid
Recent
Insurance
100.6
3.29
State
Ltd—
Shares
Institutional
Aviation
Investors
100.7
100.4
4.52
Industrial Stock Series
Fund
100.5
20,
Jan.
U* S. Certificates of indebtedness
Dollar
__
Corp_,
Investors
Stock Series
&
Balanced
1949
1950
l%s
Panama
Nation-Wide Securities—
«
l%s Sept. 15,
6.96
17.15
4.95
Fund Ltd—
100.4
13.67
15.65
3.95
Inv
100.3
100.2
Other
14.10
1
1
Canadian
100.1
1949
11.75
7.69
15.76
——
1949
22,
25.89
7.68
Bullock Fund Ltd
15.
July
7.75
1
Fund
Trust
Investors
Mass
14.58
Invest
Street
Broad
Apr.
4.25
Inc—10c
Bond
Manhattan
Fund Inc
10c
Corp—___5
Bowling Green
Ask
Bid
Eanks—
l%s
1.65S
4.34
Mutual Invest Fund Inc
Boston Fund
1950-1949
1, 1952-1950
1, 1953-1951
1, 1955-1953
1,
Vis. May
IV2S Jan.
3.93
3.94
1%S Oct.
1
3.48
lc
shares
Paper
3.25
_lc
Metals
Non-Ferrous
Steel
lc
;
Equipment shares-lc
shares—lc
Industries
Furnishings shares—_lc
Home
99.28
98.16
3.98
shares
Drug shares
General
Ask
Loan
Home
Federal
Bid
3.64
Automobile
Business
3£nds of a point
Figures after decimal point represent one or more
Ask
Funds—
Managed
Electrical
Fund Inc
Fund B_
Axe-Houghton
Axe-Houghton
3.58
Oilstocks
Standard
Associated
4.99
3.92
4.54
10
1
Corp
Holding
Amerex
Ask
Bid
Par
Mutual Funds—
Bid
Par
Mutual Funds—
73%
20%
37
47%
35'%
a
Odd
included
change,
dividend.
6.90
x
Ex
n
range),
year's
e
f Flat price,
Ex-interest,
Admitted to trading N. Y. Curb,
(Un) Admitted
dividend,
y
b Big yield price,
(not included in year's range),
lot sale
in
to
Ex-rights,
Unlisted
z
Ex-stock
privileges,
dividend.
„
54
62
7 I
22
^No
par
value.
tin default.,
sales (not
sales (not included in year's range), t Ex-stock
wd When delivered,
wi When issued,
r Cash
Trading
d Deferred delivery
k Admitted to listing on N. Y. Stock Ex¬
?These bonds are subject to all Federal taxes.
Volume
169
Number 4779
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(839)
THE COURSE OF BANK CLEARINGS
;J-;
Bank
clearings this week will
Preliminary figures compiled b,y
cities of the country, indicate that for the
for all cities of the United
this center
week
of the
ended
is
loss
a
for the
it is possible
ended
ago.
year
to obtain weekly clear¬
corresponding week last
week
a
Saturday, Feb. 19, clearings
$14,308,821,022 against $15,727,035,554 for the
there
with
compared
telegraphic advices for the chief
upon
States from which
ings will be 9.0% below those
total stands at
decrease
a
based
us,
Our preliminary
year.
same
in 1948.
week
Friday of 11.2%.
Our
At
comparative
1949
York
1948
$7,945,069,579
737,563,279
694,776,759
Philadelphia...
912,000,000
1,071,000,000
Boston
460,799,167
Philadelphia
Reading
270,400.000
St. Louis__
290,723,713
2,045,404
Scranton
296,000,000
San Francisco.
354,325,000
360,501,000
Pittsburgh
314,109,425
335,554,838
Cleveland
337,942,445
376,552,580
Baltimore
198,229,537
Jersey—Trenton
___
cities).
Total all
:
—17.8
2,760,581,535
in
issue
our
ends
next
of
week.
cannot
In
the
elaborate
able
are
to
—
9.3
829,653,156
—
4.4
$15,727,035,554
final
covered
(7
them
today, inasmuch
all
the
as
week
has to be estimated.
cases
and
complete
For that week there
results
was
of the
present further below
we
week
previous
the
week
increase of 5.9%, the
aggregate of clear¬
an
ings for the whole country having amounted to $12,427,077,051
against $11,739,731,191
in
the
week
same
in
1948.
Outside
of this
clearings at this center have recorded
an
city there
increase
was
of
according to the Federal Reserve Districts in which the.y
it appears that in the New York District
of
13.6%
and
the
in
a
decrease
of
the
group
cities
located and from this
are
(including this city) the totals
show
gain
a
loss of 2.0%.
a
In the Cleveland Reserve District the
improvement of 9.2%, in the Richmond Reserve District of
in the Atlanta Reserve District of
and
We
Philadelphia Reserve District of 14.6%, but in the Boston Re¬
District the totals show
serve
totals register an
loss of 1.6%, the bank
a
13.6%.
22.0%,
the St.
Reserve District of 18.0%.
Louis
11.0%.
The
Reserve
Chicago Reserve District
District
of
1.0%
and
the
15.0%
Minneapolis
In the Kansas City Reserve District the totals
a
summary
SUMMARY
Week Ended Feb. 12
Federal
1st
2nd
3rd
Reserve Districts
are
smaller
12
York.
Philadelphia
4th
Cleveland
5th
Richmond
6th Atlanta
7th
8th
9th
10th
_
_
11th
Dallas
San
+13.6
6,454,779,867
6,429,583,163
Sixth Federal Reserve
767,386,894
685,231,438
688,439,191
+
9.2
664,920,889
597,177,622
338,730,962
+ 15.0
357,619,263
We
526,812.272
409,942,099
week
266,452.440
325,122,799
396,472,960
421,547,350
11.0
546,828,019
—22.0
834,511,305
714,858,646
1.0
414,944,155
327,498,955
—18.0
274.837,980
275,237,834
5.9
387,133,263
317,503,149
+
—
—
"
214,994.438
238,608,768
560,212,037
645,517,705
Augusta
cities
12,427,077,051
11,739,731,191
5,984,826,076
detailed statement
Clearings at—
First
Federal
Portland
_
■
..
Fall
$
1,952.491
4,455,942
408,361,168
419,023,784
1,583,100
_.
1,776,035
816,477
812,122
1,867,907
—
Springfield
2,247,007
6,867,862
7,079,340
5,166,968
5,222,364
24,614,283
10,763,552
+
5.9
1.6
—
12,007,250,708
Rhode Island—Providence-
5,794,773,342
5,059,033,480
Total (12 cities)
Inc.
or
Dec. %
1947
1946
$
Seventh Federal
Reserve
Michigan—Ann Arbor.
Grand Rapids
Lansing—
_
_
$
District--New
1,585,963
8.0
4,167,897
3,487,050
2.5
396,553,826
1,794,848
1,535,708
—
1,376,401
0.5
688,893
1,676,260
1,584,871
+
+ 19.8
22,004,954
20,464,463
+ 24.9
8,431,971
7,862,989
27,410,100
—13.0
26,979,200
20,379,300
1,511,484
—12.6
1,339,504
500,651,638
+15.0
357,619,263
329,541,991
15*687, 370
50,220 754
197,800 000
3,702 657
+
_
Terre Haute
13,894,268
13,532,065
1.0
58,525,776
48,732,809
2.7
204,500,000
172,500,000
+ 30.6
3,844,322
2,953,519
—17.0
2,940,979
2,352,889
+ 13.3
73,286,067
65,961,014
20.8
79,259,312
62,385,143
+
6.1
6,318,284
0.8
474,239
303,444
97,559 ,305
+ 25.8
103,784,772
94,207,794
526,812,272
+11.0
546,828,019
468,133,752
—
—
5,205,075
1,649,079
—29.4
2,110,547
774,717
10,152,977
—30.6
8,944,560
6,771,363
—38.1
6,039,058
7,469,437
4,947,266
—36.8
4,945,127
3,647,180
—10.4
47,109,000
35,208,000
3.5
4,761,858
t
%
9.4
50,166,365
44,509,866
6,100,180
42,812,000
'47,807,000
5,448,461
—
3,404,396
t2.619,463
-
2,769,120
30,009,700
—19.8
26,552,475
20,304,769
12,607,057
—17.3
12,665,981
1,042,995
—21.2
849,475
756,396
536,034,250
714,533,933
—25.0
646,002,246
563,925,236
3,294,045
—23.7
2,588,415
2,140,644
8,856,928
11,020,378
—19.6
11,365,836
__
__
DecaturPeoria
_
+
10,616,371
—
—
_
_
_
■
8,592,402
3,627,592
4,914,541
—26.2
4,110,828
3,386.338
2,825,051
3,716,846
—24.0
2,791,428
2,406,508
714,477,800
..
cities)
3,508,106
821,928
_
—24.3
10,429,190
_
Sioux City__
3,886,805
2;514,792
Des Moines
Illinois—Bloomington
53,112,774
2,943,295
__
X
58,082,462
24,073,023
_
Iowa—Cedar Rapids_
Chicago
7.9
+
+
916,068,134
—22.0
834,511,305
714,858,646
Missouri—St.
Louis—
5.5
217,600,000
173,100.000
224,400,000
_
_
_
Tennessee—Memphis
102,647,439
237,400,000
95,539,304
77,413,935
1,379,207
1,826,422
405,840,581
Illinois—Quincy
75,176,373
409,942,099
—
7.4
108,037,523
90,559,997
3.0
87,563,808
62,678.773
—24.5
1,742,824
1,160,185
1.0
414,944,155
327,498,955
+
+
Total (4 cities)
—
Ninth
Federal
Reserve
District—Minneapolis—
Minnesota—Duluth
5,065.548
__
__
North
Dakota—Fargo
—
—
—
2.0
41,988,759
+ 40.0
3,068,464
2,256,178
+ 36.0
1,512,644
6,537,801,805
5,754,905,115
19,591,404
18,324,816
_
477,042,137
2,436,520
8,702,977
2,067,849
72,207,766
57,892,541
+ 11.2
1,446,395
1,302,246
—28.9
1,743,973
1,832,162
+13.6
6,212,477,366
6,248,475,788
6.9
17,889,343
15,648,886
6.8
12,312,066
8,664,202
5.7
7,891,836
202,148,195
66,393,487
53,991,555
+
4,900,314
5,848,109
—16.2
2,711,620
—19.5
2,412,547
1,522,679
2,913,421
—14.2
2,652,798
8,126,279
6,982,072
+ 16.4
6,728,792
2,299,962
5,142,453
Total (7 cities)
__
266,452,440
325,122,799
—18.0
274,837,980
275,237,834
Tenth Federal Reserve District--Kansas
City—
6,142,272
5,562,471
413,706
_
__
_
_
Kansas—Topeka
_
_
+
7.5
312,340
252,687
„
__
(10
463,186
408,654
—27.1
6,114,393
4,790,925
89,867,846
106,213,843
—15.4
94,439,116
80,338,604
6,284,482
+ 18.0
13,526,983
—22.9
10,467,167
7,818,886
273,874,682
1.3
255,397,500
10,692,709
Springs
5,327,108
10,430,254
—
_
_
_
—22.6
6,546,740
270,191,967
_
_
City
Joseph
581,650
4,771,203
_
_
_
_
Colorado—Colorado
Total
385,003
*450,000
_
Omaha__
St.
i
11,756,636
9.1
10,768,087
207,353,613
8/684,623
1,718,024
1,594,623
396,472,960
cities)
1,740,082
1,652,76.9
..
421,547,350
—
—
—
+
—
5,727,476
4,728,117
1.3
1,918,517
1,758.661
3.6
1,525,481
1,368,379
5.9
387,133,263
317,503,149
1.0
Eleventh Federal Reserve District—Dallas—
Texas—Austin—
6,081,911
Fort Worth..-
Galveston
..
195,786,000
21,389.975
17,465,558
..
+
—10.5
6,317,552
181,586,000
145,068,000
—18.3
20,105,653
18,435,307
4.354,000
4,903,412
_
„
-
Louisiana—Shreveport
(6 cities)
_
4,341,000
3,034,712
4,076,838
+
6.5
4,387,000
3,000,922
+
1.1
2,737,232
2,208,630
8,800,923
8,335,337
+
5.6
7,938,687
7,489,232
214,994.438
_
Wichita Falls
6,019,696
175,270,334
Dallas
238,608,768
9.9
223,072,124
182,458,581
—
Federal Reserve District—San Francisco—
586,062
+
+
—
+ 14.1
631,065
628,136
40,921,073
33,275,033
+ 23.0
36,513,021
33,900,256
48,325,521
47,818.813
+
1.1
44,860,083
43.653,873
6,454,779,867
6,429,583,163
6,804,236,623
-
Yakima
103,218,932
105,516,403
—
2.2
Utah—Salt Lake
City__.
5,988,363,431
+ 13.6
California—Long Beach.
Pasadena
i
San
82,314,155
2,675,493
+ 11.3
3,406,037
3,522,173
118,710,844
—18.6
85,542,959
71,463,274
36,502,754
41,910,294
—12.9
39,210,005
32,476,512
10,519,690
9,559,121
+ 10.0
8,385,635
8,682,338
Jose
Barbara
8,759.140
8,569,091
2.2
8,587,243
7,282,707
282,552,259
338,427,917
—16.5
345,659,722
310,625,267
8,105,869
San Francisco
Santa
92,862,213
2,977,036
96,674,164
6,814,247
10,942,050
668.422
+
Northern New Jersey
4,570.519
185,793,855
—14.2
2,499,338
Oregon—Portland
2,126,280
11,697,788
-
44,370,433
Newark
——
4,714,229
—20.8
71,154,618
447,381,480
1,348,362
11,690,004
,
3.5
230,616,728
2,183,222
-
1,081,692
9.9
11,031,285
,
-
New Jersey—Montclair
4,89G,231
182,640,746
61,036,993
Minneapolis
York—
1,499,136
Total (12 cities)
338,730,962
577,862
—16.9
8,618,417
Jamestown
.t—
53,718,058
5,259,938
_
South Bend-
Pueblo
20,542.552
63,094,175
Syracuse
175,699,025
59,874,403
+
6,739,502
_
_
Connecticut—Stamford
3,064,304
179,426,318
12.6
3,794,028
;
Indianapolis
377,669,291
—10.9
—
58,779,649
Rochester
;
2,907,661
+ 17.7
4,193,015
Indiana—Fort Wayne
Wichita
4,622,351
69,347,216
New York
+ 11.7
64,716,560
1,164,808
„
Missouri—Kansas
6,688,047
Elmira--
i
3,365,154
161,091,208
72,893,901
1,957,684
7,045,500
__
_
_
Washington—Seattle
,
87,036,920
2,229,095
District—Chicago-
.
—23.2
5,130,774
490,820,255
Albany-.
__
8,066,000
103,791,786
584,564,772
Orleans
Total (10 cities).
Twelfth
Buffalo
9,390,000
+ 12.2
122,693,032
Louisiana—New
Hastings
;
_
+ 24.9
439 507
Total
Binghamton
—18.8
11,307,509,268
1.1
New Hampshire—Manchester-
New York
2,787,364
9,218,000
6,482 122
South Dakota—Aberdeen..
1,320,496
New Haven-
].i Second Federal Reserve
2,680,925
97,552,676
74,580, 273
Montana—Billings
23,858.500
Connecticut—Hartford
*
597,177,622
435,819
182,458,581
3.0
Worcester
'I
664,920,889
6,087,303
Lincoln
4,100,906
New Bedford
i
9.2
90,097,241
Mobile
Mississippi—Vicksburg
532,902,657
*
River
Lowell.
+
Alabama—Birmingham
Nebraska—Fremont
1948
1,499,036
.
__
Massachusetts—Boston-
688,439,191
3,582, 787
76,757, 497
223,072,124
.
_
224,913,501
2,614,903
604,174,812
District—Boston-
_
231,437,619
4,833,845
9.9
—
showing the figures for each city for the
$
Reserve
+ 21.7
86,961.363
—13.2
W'eek Ended Feb. 12
Maine—Bangor
4,643,252
224,505,082
Florida—Jacksonville
"
1949
•;
20,799,300
3,336,839
5,294,464
203,200,000
St. Paul
II
12 far four years:
ended Feb.
24,649,900
+ 21.5
+ 43.4
50,707,685
Georgia—Atlanta
ii
5,889,275,246
our
4.0
+
3,771,863
468,133,752
916,068,134
405,840,581
City_.
add
now
20*4,525.284
4,783,514
16,933,581
Nashville
329,541,991
714,477,800
111
Outside New York
135,030,662
251,518,145
District—Atlanta—
Tennessee—Knoxville
Kentucky—Louisville
584,564,772
10
-
4,584,698
142,370,779
1.5
389,571,153
Helena.
Total
6,313,143
+ 10.4
—
it
6
Francisco
447,381,480
14.6
28,483,800
—22.8
S
477,042,137
+
7,062,791
153,055,092
"
10
Kansas City
739.926,842
685,231,438
ii
7
-
$
2.0
751,649,295
4
_
%
767,386,894
Eighth Federal Reserve District-—St. Louis—
389,571,153
16
Minneapolis
12th
847,784,697
10
Louis
5,988,363,431
Dec.
—
6,201.906
+ 14.6
739,926,842.
1946
"
6
...
500,651,638
6,804,236,623
7
__
_
Chicago
St.
__
$
490,820,255
1947
«•
11
—
__
cities
or
"
12
..
Inc.
4,826,830
3,757,260
189,677,363
cities).
Total (16
CLEARINGS
1948
+ 37.7
266,777,049
2,264,025
(6
Springfield
by Federal Reserve Districts:
BANK
S
Boston
New
OF
1949
5,316,159
8,914,759
11,517,000
Columbia—Washington-
Rockford
the following we furnish
5,959,599
109,461,604
Wisconsin—Milwaukee
records
by 5.9%, in the Dallas Reserve District by 9.9% and in the San Francisco Reserve
District by
13.2%.
In
+ 16.5
751,649,295
cities).
Macon
statement, however, which
1,789,539
2,064,920
6,196,315
—
273,328,109
of
Total
9.0
not available at time of going to press.
are
I
4,103,792
+
4,582,661
Virginia—Huntington
District
by the foregoing will appear
the last day of the week in
detailed
give
ending Feb. 12.
$14,897,382,398
furnish
Saturday, and the Saturday figures
Accordingly, in the above
we
We
week
—29.7
—
6,860,775
Carolina—Charleston
Maryland—Baltimore
$14,308,821,022
for the
659,000,000
3,817,797
29,636,500
*
Richmond
793,351,431
Total all cities for week
2,596,402
738,000,000
1.7
12,273,335
5,451,880
Virginia—Norfolk
4.7
—
$13,515,469,591
Complete and exact details
2,956,366
+ 14.7
Fifth Federal Reserve
District—Richmond-
—10.3
.:—
832,830
+ 17.7
2,076,032
168,998,494
Pennsylvania—Pittsburgh
West
day
467,257
830,359
4,436,517
262,790,876
Mansfield
Total
2,631.939,260
cities, five days
782,601
716,687
Federal Reserve District- -Cleveland-
South
All cities, one
1,132,132
6.1
2,557,762
3,825,492
847,784,697
+ 13.6
—17.7
—
—10.3
241,102,847
Other cities, five days
$
2,152,845
7,215,738
6.4
—
$12,136,800,863
,
1946
$
1.7
—
$10,883,530,331
Ten cities, five days—;
1947
4.1
2,292,763
3,761,527
York
Youngstown
7.3
—
or
3.8
4,377,343
2,204,722
_
Columbus-*
12.3
—
2,909,606
4,556,066
Wilkes-Barre
Cleveland-..,
—16.4
2,454,578
706,000,000
810,000,000
Cincinnati—
—14.8
985,101
2,888,538
Lancaster--*
Ohio—Canton
6.2
+
525,519,547
242,929,618
City__.
—11.2
933,416
1,037,469
*925,000
'
(11
Inc.
Dec. %
853,685
Chester
Fourth
$7,051,231,360
Chicago
$
1,060,682
Bethlehem--,
Total
Week Ended Feb. 19
1948
District—Philadelphia—
Pennsylvania—Altoona
New
Clearings—Returns by Telegraph
Kansas
Third Federal Reserve
Delaware—Wilmington
summary for the week follows:
New
W'eek Ended Feb. 12
1949
$
show
43
9,510,739
—14.8
9,979,356
7,885,072
3,201,152
3,910,429
—18.1
3,883,325
3,045,671
+
Stockton
7,701,041
Total
(10 cities).
Grand Total
(111 cities).
Outside New York
^Estimated.
tNot included in totals.
fNot available.
6,727.374
+ 14.5
6,658,317
5,605,488
560,212,037
645,517,705
—13.2
604,174,812
532,902,657
12,427,077,051
11,739,731,191
5.9
12,007,250,708
11,307,509,268
5,889,275,246
5,984,826,076
1.6
5,794,773,342
5,059,033.480
+
—
!
V:
44
COMMERCIAL
THE
(840)
Monday, February 21, 1949
FINANCIAL CHRONICLE
&
Date
Pago
1953_Feb 24
603
Comaany and Issue—
Foreign Exchange Rates
Pursuant to the
give below
Tariff Act of 1930, the Federal Reserve Bank certifies daily
rate for cable transfers on the different countries of the world. We
record for the week just passed:
a
FEB.
11,
1st
(closed)
Leeds & Lippincott
BANK
RESERVE
TO FEB.
1949
Buying
Noon
1930
TREASURY UNDER TARIFF ACT OF
TO
Rate
Gas
Light Co.,
.297733"
.297733"
.251247"
.251247"
.251247"
.200000"
.200000"
.29000C"
.200000"
.200000"
Cleveland
Union
mortgage
3.212313
.022848
.022348
.022843
.022848
.054406 -
.054406
.054406
.054406
1.000000
1.000000
1.000000
1.000000
.925625
.924843
.925000
.926250
Pittston
.925000
Brazil, cruzeiro
.301166
.301166
.301166
.301166
Richmond
.02006.0
.020060
.020060
.
—
1.000000
Official—
—
Free
"T
Ceylon, rupee
Czechoslovakia, koruna
„
.020060
.020060
.208535
Denmark, krone
.208535
.208535
.208535
4.031484
—.
4.031484
4.031484
4.031484
——
~.
England, pound sterling——
Closed
.208535
4.031484
.004671"
.004671"
.004671"
.003140"
.003142"
.003134"
.301678
.301678
.301678
.301678
.145163
.144772
.136983"
.139642
.145110
.376125
1.000000
.376800
.376800
.376842
.376600
1.000000
Netherlands, guilder—*.
Electric
Co.—
1
12323
•
1
1
due
Rio
497
497
*
Apr
G%
Building
debentures,
1st
3
3
1
1
Apr
B__
3'/as,
mtge.
1st
Co.,
RR.
1
Apr
i
*
Mar
Terminal
605
Mar
I
1
—-Mar
de
1
607
1
607
Date
1
+24H3
mtge.
;
1962
due
bonds,
4%
trust
1961 _:
537
Ry.—
3%%
due
bonds,
1965
Tramway, Light & Power Co., Ltd.—
Janeiro
5%
ref.
Co.,
I960..
of Seattle—
Corp.
due
collateral
Cc,,
mortgage
Navigation
&
due
A,
50-year mortgage,
francs
bonds
obligations de
and
cinq
Apr
5%
.003142*
.003138"
.301678
India, Dominion oi, rupee
Mexico, peso
375
1962—Mar
.004671*
.004G71"
Official.
1
1965
cents
(Metropolitan), franc—
france
,
Terminals
Oregon-Washington
3'/<
bonds, series
Paramount
Canada, dollar-
—Mar
5'/2% bonds, series A
5% gold bonds, series
District
3.212313
.054406
435
1
Apr
1969_Mar
Equitable Gas Co., 1st mortgage 3'As, due 1973
Mar
Kansas-Nebraska Natural Gas Co., 1st mtge, 3%s due
Empire
3.212313
.022843
-
—
Pag-5
Mar
1963
due
3s,
4s,
mortgage
3.212313
Closed
3.212313
mortgage
1st
*
REDEMPTION
refunding mortgage 4 Vis, series D, due
1st
.
.21-7733"
.251247"
.251247"
and
1st
S
S
$
.297733"
Feb.17
Feb.16
Feb. 15
$
5
$
1st
Feb. 14
mortgage
.30U66
Belgium, franc..—
804
series A, due 1965
Chicago & Western Indiana RR.—
States Money
United
.29T732':'
Australia, pound—r.___
Co., mortgage bonds
Carolina, Clinchfield & Ohio Ry.—
Transfers in New York
Cable
for
in
Feb. 12
Feb.11
*
1
—Mar 25
Mar
bonds
6Vz'w
PARTIAL
Atlanta
1949, INCLUSIVE
17,
Value
Monetary Unit
Argentina, peso—
For "regular" products
For "non-regular" products-For certain industrial products...
Inc.—
Date
mortgage
1st
Country and
income bds., due
1st mtge. 5%
Laundry Co.,
Company and Issue—
FEDERAL
BY
CERTIFIED
RATES
EXCHANGE
FOREIGN
Drake Corp.,
Lackawanna
requirements of Section 522 of the
of the Treasury the buying
the Secretary
to
Hotel
1.000000
1.000000
1.000000
Company and Issue—
Canadian
Converters
Pag"*
debs., series A, due 2024—July
Appalachian Power Co., 6%
1st
*
CALLED
ISSUE
ENTIRE
Ltd.—
Co.,
1
599
Mar 28
l954_Feb 15
600
373
due 2024
Jun
debs., due 1958_Mar
1
1
1
112225
§ 159 L
605
Mar
1
603
Anytime
11126J
1957. Mar
3%%-4% bds., ser. A. due 1052 and
Independent Telephone Co.—
4'A% bonds, series A, due 1961
Brothers Co., 5% sinking fund notes, due
mtge.
Citizens
Newfoundland, dollar—
Official
:
.923125
.922291
.922500
3.991542
3.991542
3.991542
.922500
Closed
3.931542
New Zealand, pound
.
.923750
3.991542
.406760
.496760
.040328
.040323
.040328
.470833
.470833
.470833
.470833
.278228
.278228
.278228
.233629
.233629
.233629
.233629
.233629
Switzerland, franc
Union of South Africa, pound
.201580
.496760
.040328
.278228
Sweden, krona
.201580
.496720
.470883
Portugal, escudo—
Straits Settlement, dollar—
.201580
.040328
Philippine Islands, peso
.201580
.201530
.490720
Norway, krone.—
4.007500
4.007500
.278228
4.007500
.658300"+
.658300"+
.658300"+
.658300"+
.588223"t
.588223"+
.588223"+
.588223*+
.561799"+
.561799"+
561799"+
.561799"+
531909"+
.531909"+
Uruguay, peso
Uruguay, peso
'Nominal
f Application
rate,
La
Cooperative Federee de Quebec—
2%-3 Va%
Ohio
bonds,
Power
Pacific
Shawmut
4Va%
General
mortgage
dollars)
Increase (+)
"Announcement
fund
Redemption
for
620,477
374,244
238.006
advances
and
Discounts
S.
17,183
+
13.149
—
17
787
Industrial loans
U.
2.903
23,038,907
gold ctf. reserves
cash
Other
trict,
2,902
—
61,978
—
1,320,282
+
6,089
+
3,371
securities:
Govt,
5,270.417
Bills
6.659.269
Certificates
330,550
Notes
9,992,937
Bonds
16.624
,.
91,000
+"
9,000
—
112.188
—
—4.088.186
2,314,336
+
1,272.950
—
Demand deposits credited to
posits increased $83,000,000.
domestic banks decreased
$109,000,000.
$142,000,000 at all reporting
$18,000,000 in Chicago, and
liabilities of-reporting
of the assets and
member banks follows:
A
summary
Inc. (+ )
46.812
securities.
22.303.173
securities..
22,541.966
.—
+
+
1,299,490
Due
F.
from
R.
of other
banks—
169,566
assets
801.206
+
32.254
premises
Other
5.813
—
3,133.535
items.——
46
—
49
135,241
foreign banks
Notes
Uncollected
Bank
and
loans
7
—
5.228
+
+
2.216
.
135.349
—
661
—
t in
Assets
Loans—grosst
Commercial, industrial,
49,425.762
assets
754 916
4-
+
2.516.058
chasing
23.481.216
acct.
19,447.005
149.907
+
2,697,012
acct.
1.754,494
+
324,064
+
29.065
Foreign
728.569
+
10,343
+
307.647
Other
448,554
Federal
notes
Reserve
—
U.
S.
Treasurer
—
gen.
8.861
Real
loans
Total
4. ■
175,639
+
3,004.196
2,749,110
deposits
+
650,836
+
19,492
11.021
+
219
22.378,622
Deferred availability items
irycl. accrued divs.
Other liab.,
S.
*
...
Government
securities—total
Treasury certificates of
749,188
48.619,969
+
2,430,583
securities
Reserve
Cash
Capital Accounts—
in
with
paid In
(Section 7)
Surplus (Section 13b l
108.457
+
18.522
+
61.127
5.637
+
Time
S.
accts.
49 425,762
754.916
+
+
2,516,058
note
combined
liabilities
liability
on
purchased for foreign
respondents
Contingent
to
Commitments
trial
make
50.2',
+
—
—
—
2
2
6
—
—
+
+
+
81
53
252
146
163"
—
12"
—•
44-
45
20
58
64
11
—
0.2 *'<
0.2%
bills
46,553
15,060
1,644
adjusted
deposits
except Government
deposits
—
—
+
—
4+
U.
S.
—
137
•
—
1,498
and
week
—
8.522
banks
Interbank
+
259
.
1.158
—
4'/I-
—
+
-r
4—
373
1,930
1,656
3,676
9
1,893
5
175
392
15
83
4-
1,091
396
4-
692
—
—
109
—•
495
2
142
+
—
160
354
except
ll)48.
8
1,728
loans-
5.491
The condition statement
of
banks
the
following
shows
the
ended
Feb.
9:
of weekly reporting member
Federal Reserve
principal
Decreases
System in
changes
of $294,000,000
the
reported gross,
instead of net as previously,
figures have been adjusted to a gross basis.
000,000 in holdings of United States Government secur¬
ities, $392,000,000 in demand deposits
adjusted, and $142,-
000,000 in borrowings.
industrial, and agricultural loans
$25,000,000 in the San Francisco District
Commercial,
creased
de¬
and
$24,000,000 at all reporting member banks, and increased
$10,000,000 in New York City.
Loans to brokers 'and
dealers for purchasing or carrying United States Govern¬
ment securities decreased $138,000,000, largely in NewYork City-.
Holdings
New York
'"Other loans" decreased $53,000,000.
$113,000,000 in
City, $32,000,000 in the Chicago District, $27,of
Treasury
bills decreased
Redemption Galls and Sinking Funds
including
those
called
The date indicates the
called
or
provisions.
last date for mak¬
gives the location in
(except where indicated) in which
;
Insurance
Co.
(Newark,
J.t
25c
Stores
Co.
Sugar
Lines,
Products
Co.
Ltd.
(W,
Oil
Mfg.
H.i
Bird
ref. mtge. 4'rjs, due
1961-Apr 12
Feb 23
——„„__Mar 13 .
stock.—
,
Faga
598
601
603,•
20c
3-21
3-31
40c
3-1
Inc._
25c
50c
Ties—
(quar.)
$2
Inc.,
Estate
Burial
J.i
pref.
conv;
pl'd.
Trust
Butterfly
M.)
Co.,
$1.50
1212c
(quar.i
com,
23 'gc
Wyant
Ltd.,
Starch
Co.,
Wire &
Cable
Hlc
3-15
3-15
2-17
2-26
2-15
pfd.
(quar.i■„
SI.75
5- 2
4-15
125c
"5c
Ltd.
(quar.)
Ltd.,
7%
2-28
3-19
3-
3-15
3-12
1
Ltd.—
3-31
3-24
3-15
2-28
3-15
2-28
J$i.5p
3-30
3-15
.
'
(quar.i
Ingersoll-Rand
|$7
i$l
750c
Co.,
preferred——
3-10
3-10
750c
(increased)___
1
$ 15c
Foundry
4-
50c
(quar.i
B
Canadian
2-18
(quar.i
Ltd
7%
Cannon
Canada
1
1
2-23
class A
Co.,
Corp.
&
33-
2-21
2-26
1-31
2-13
30c
Company,
Financial
Class
Inc.—
(quar.)—_
(quar.)
(quar.i
Mills
Hosiery
Byers
A
3-15
2-28
:
(quar.)
Dry Dock Co.,
Class
3- 1
75c
preferred
Manufacturing
T.
37'bc
iquar.i
Store.
1
2-15
3- 3
3- 1
4-1
3-15
3-15
iquar.i
common
3-
25c
15c
._
(quar.i
Corp.
preferred
$1.25
25c
50c
25c
4-
25c
(quar.i
(quar.)___r_
preferred
Bullock's, Inc;
I.
2-23
2-2L
4-15
2-21
2-10
2-21
2-13
3-5
3- I
3- 1
50c
.
Casket Co.
Department
(A.
3-26
3-1
5- 2
(quar.i
iquar.i
(quar.)
Sons
&
Eigelow,
Eurrard
2-28
40c
15c
—
5%
convertible
41/2 '4
— —
3-12
(quar.i
,—
&
2-15
12'2C
Extra
6%
1
S1.50
;
Co.
Strafton
Broadway
3-10
2-23
3-15
2-19
2-19
3-17
(quar.i.
preferred
6%
Tobacco
Real
&
2-21
10c
Industries,
Company
Hedges,
Son,
Bros.
(E.
3-15
Inc
(quar.)
Works
Packing
&
3-1
3-15
3- 9
+ 30c
(quar.)
Co.,
Gossert
&
3-15
3-31
3-31
20c
(quar.i
Corp.
Brummel
&
3-21
3- 1
2-18
25c
Co.
Products,
Gear
Beacon
4-13
3-15
2-28
30c
(quar.)
Picture
Motion
Corporation
Barber
3-17
(quar.)
Gas
Western
Barber
3-25
+5c
37'_'C
(annual)—.
Ltd.
Canadian Oil Co.,
Steel
3-15
$1
{
Smelting Co. (quar.)
Arcady Farms Milling (quar.)
Automatic
3-7
4-15
Co.—
Apex
Corp.,
4- 2
Co.—
(quar.i
Edison
4-1
3-10
3-3
Co.—
Telegraph
&
Vitrified
Associated
3-21
(quar.i
Canada
TENDER
Company and Issue—
$1.25
iquar.i.
(quar. i
Telephone
Preferred
Atlas
1
2-24
35c
pfd.
5'*
Quarterly
Arizona
3-
1
40c
Refining
preferred
Anglo
3-1
1
$2.25
American
American
American
44-
3-15
$1.75
President
Ltd.
"Chronicle."
10c
$1
American
American
3- 1
3- 4
3-4
—
Co
Meter
Malting,
Hoe
N.
1
Extra
Canada
1st &
3-1
3- 1
Hawaiian
American
Stone.
Valley RR.,
3- 1
3- I
4-1
3-12
American
Crushed
Brewing Co., Inc., class A and B
(R.) & Co., Inc., class 3 stock—
3-15
3-14
25c
75c
Mart
Canada
Aroostook
$1.25
50c
20c
Lines...
Furniture
the current volume
Cooper
37'2c
87' -jc
1
„
Campbell
OF
I
(quar.i
ing tenders, and the page number
NOTICES
1
3-
3-15
3-1
Bldg i initial i
Steamship Co
notes,
for redemption,
under sinking fund
redemption
given in the
3-
3-15
3-31
3-15
3-15
4- 1
4-1
.
Quarterly
Export
C.
the details were
3-15
$1.50
30c
Cyanamid Co., common (quar.i.
preferred
(quar.i
District Telegraph Co. i.N. J.i —
Brunner
list of corporate bonds,
stocks
2-21
2-21
(quar.i
Colortype Co.
3 '/•>'/*
6'r
common
3- 1
3-1
uccum.i
(increased!
Extra
American
Brown
and
3-15
5c
5c
pfd.
4'*
$1
Briggs
preferred
3-15
1
Extra
Boyertown
a
1
4-
preferred (quar.i
Cigarette & Cigai —
Common
Boston
Year-ago
"Feb. 2 figures revised.
be found
4-
$1.75
C( rp.,
Beverage
American
reported.
Below will
25c
25c
prier
Benson
individual loan items are
week
3-15
:
American
Bell
leading cities
for
5-4
3-15
1
...
D
Eloch
in loans, $252,-
6-1
4- 1
4-
C
Brach
Condition Statement of Member Banks
A..:
3-18
3-14
25c
Beech-Nut
19,373
30.
L__
class
Corp.,
4- 1
4- 1
$25c
25c
-
(qtfkr.i
Bemberg
Class
7'*
Holder*
When
Payable of Rec.
SI.05
40c
— _
(quar.)
Canada, Ltd.—
B
Beau
——
(■Beginning June
(quar.i
Coip.
of
preferred
Class
1.e., before deduction of valuation reserves,
—
Co.
American
11
324
3,775
cor¬
3,615
preferred
American
accounts,
Govt,
are:
Share
Company—
Products
Automotive
banks
Domestic
during
indus¬
4.20',*
Allied
119
14
530
deposits:
demand
Borrowings
Debits to demand deposit accounts,
—
Power
Asbestos
deposits,
Foreign
serves,
+
—
+
Government
Interbank
gold certificate re¬
to deposit and F. R.
Alabama
Arkansas
U.
Total liabilities & cap.
-r
Liabilities—
Demand
27,543
capital accounts
banks
370
42
+
5,826
+
466.71 1
Other
91
203.082
Surplus
of
Reserve
Balances with domestic
Capital
Ratio
—
Federal
vault—
138
4
24.935
4.204
Banks—__ 14,322
790
2,000
Treasury notes
Other
liabilities
Total
—
—
indebtedness
U. S. bonds
—
1,841
5,201
1,039
Treasury bills
4.652
—
521
week
Semi-annual
186
475
4,085
177
3,865
33,016
banks
to
Other
U.
721
434
loans
Loans
29.528
—
+
—
this
Per
American
purchasing or carrying:
obligations—
for
estate
24
—
—
announced
dividends
American
obligations
Further details and rec¬
in many cases are given
name
company
Name oj Company
American
securities
Other
2,240
1,526
1,665
526
294
pur¬
Government
S.
U,
bank—reserve
for
dealers
securities
loans
Other
Deposits:
Member
Government
Other
588.453
77,506
294
4+
—•
carrying:
or
S.
U.
Liabilities—
and
brokers
to
The
American
agricultural
and
loans
Loans
Total
-—
—
—
15,294
Loans—net
the
6preferred
millions of dollars)
62,170
24.950
25,239
Investments—total
and
Loans
24.037
+
and
1948
1949
1949
Total
Since
Feb. 11,
Feb. .2,
Feb. 9.
1.360,112
JJ.978
—
S. Govt,
previously announced, but
in our "General Corporation
Investment News Department" in the week when
20c
or
Dec. (—)
Total U.
under
Class
banks.
member
4,406,912
+
flVol. 168.
are
show the dividends
we
Aluminum
$113,000,000 in New York City,
Borrowings decreased
57,251
—
—
167.
declared.
United States Government de¬
District.
Boston
the
in
we
which
$162,000,000 in
Francisco Dis¬
$69,000,000 in the Chicago District, and $50,000,000
1,382,260
+
Atlanta District, and $45,000,-
reporting member banks.
deposits adjusted decreased
York City, $101,000,000 in the San
000 at all
New
R.
F.
notes
Total
1
—
§Vol.
grouped in two separate tables. In the
bring together all the dividends announced the
week.
Then we follow with a second table in
current
Demand
$
$
22,418.430
certificates
166.
which have not yet been paid.
ord of past dividend payments
1948
1949
$
(Vol.
issue.
first
District, $11,000,000 in the
Feb. 18.
Feb. 9,
1949
Gold
this
In
000.000 in the Boston District, and $146,000,000 at all re¬
porting member banks. Holdings of Treasury certificates
of indebtedness decreased $66,000,000 in New York City,
or
decrease 1[—) since
'
Assets—
1952
$25,000,000 in the Chicago District, and $163,000,000 at
all reporting member banks. Holdings of United States
Government bonds increased $20,000,000 in the Chicago
Reserve Banks Combined
Feb. 16.
due
1951
due
5s,
DIVIDENDS
Statement of Condition of the 12 Federal
of
Trust—
debentures,
depends upon type of merchandise.
thousands
6'/«
Iron & RR. Co.—
Dividends
(In
Co.,
Investment
5%
Coal,
bonds,
debenture
Advertising
Bank
and
Tennessee
Apr
1949-1964.
due
6%
Co.,
Outdoor
.531909"+
*.
i
Kline
.561799*+
.531909"!
Closed
4.007500
Uruguay, peso..
mortgage
.658300"t
.588223"t
.531909"!
Uruguay, peso
4.007500
1st
.
Co.,. Ltd.,_,._„-,—
,
Volume
Per
Name of Comvany
Canadian
Pacific
Western
4%
Gas
preferred
Central
Central
(irreg.)
(quar.)_
Paper
Chamberlin
Light,
Co.;
Co.
pfd.
4%%
Chesebrough Mfg. Co.,
Extra
Circle
Bar
$1
Clark
5'/<
preferred
$4.50
$6
Ice
Jamaica Public
——
Commonwealth
Investment
Life
Common
4%■.
1
3-21
5%
preferred
$1.50
4- 1
3-31
5-2
3-21
3- 7
4-1
Jamaica
4-
3-14
Johns-Manville
6c
Co.—
Co.
(Phila.,
Shoe
Pa.)
—
Mills
Continental
Oil
(irreg.)
Co.
convertible
Cornell-Dubilier
preferred
Electric
$5.25; .preferred
Cork
Crucible
Steel
_____
(quar.)
common-—
(quar.i
Co,
of
50c
convertible
River
4%%
De
—
Devon
preferred
(quar.)_
Co.
Driver-Harris
Eastman
Co.-
Kodak
El
Paso
quar.I
_
Erie &
(quar.)—
Pa.
Fitzsimohs
State
Shoe
Stores
(s-a 1
Wayne
Franklin
B
General
Railway
_______
(quar.)
3-
1
Lincoln
3-
1
2-24
3-
1
2-24
3-10
3-
3-21
■
Glenmore
7%
Co.,
2-28
1
$5
$1.25
3-11
3-
1
Mines,
class
1
3-
5
4-
1
3-5
Hamilton
Co.,
3-12
2-28
Mercantile
1
3-19
Meredith
3-14
3-15
2-26
Bridge
2-24
Metal
3-11
Micromatic
2-24
Minnesota
4-1
3-15.
1
3-
1
$4
Hone
2-28
Minnesota
Missouri-Kansas
3-10
3-15
2-28
Missouri
Public
$$1
2-16
2-11
Missouri
2-16
2-11
5%
8-16
8-11
Modern
Harding
Carpets,
Battery
Hartman
Co.,
Tobacco
non-cum.
Hazeltine
(G.)
Hendry
(C.
Hobart
Mfg.
J.)
Power
B
25c
3-
1
2-16
31'/4C
3-
1
2-24
Ltd.
Inc.
&
5%
preferred
2-20
Nachmann
3-15
3-
1
Nashua
3-15
3-
1
3-15
3-
1
3-15
4-
$4
3-1
4-
1
3-
1
National
3-10
3-
1
Nehi
National
Co.
Ltd.
&
A
Radiator
Wire
Hundred
2-24
North
North
Co.,
$4
Mining
American
Co., 5%%
class
2-18
3-10
4%%
convertible
3-30
3-10
Northern
Natural
4-
1
3-10
Northern
3-10
5%
Ohio
3-10
$2
4-
2
3-10
Ohio
Public
4-
1
3-15
Ohio
Water
4-
1
3-1
Ohrbach's,
$12 %c
4-
1
3-15
$12%C
4-1
3-15
Old
com.
4-20
3-31
3-
1
Tamblyn
2-14
3-16
2-25
2-24
Texas
25c
3-
2-14
3-
2-25
5%■
2-14
Texas
2
3-21
Thomas
8
3-
4-
87 %c
$1.18%
1
1
3-15
3-
2
Tilo
1
3-
4
Time,
4-
2
(quar.)
(initial)
25c
3-11
3-
1
2-15
csi
00
American
3-15
2-28
American
12 %c
3-15
3-
;_
Co.
(Wis.)
3-19
2-18
pfd.
4-
1
3-
4-
1
3-15
Union
3-31
3-10
Union
Sugar
Trusteed
4-
3-10
Union
2-25
Union
3-
7
Uarco,
A
Co.
(quar.)
(quar.)_
Company
Pennsylvania-Dixie Cement
3-21
Pennsylvania
3-15
3-
Permutit
Company
50c
3-15
2-23
Pet
Company,
(quar.)
$4%c
3-15
2-28
3-
1
2-18
(irreg.)
62%c
3-12
2-25
$1
4-1
3-I8
Salt
Mfg
corp.
Bond
(quar.)
Co
Union
common
4-
3-
Union
preferred
4
Bond
Pinchin,
Johnson
American
Pittsburgh
&
deposit
Air
Forgings
Co
1
2-28
United
Carr
3-21
2-28
United
Corp..
3-11
4-
1
4-
1
3-11
3-15
3-1
1
2-12
,
3-
3-11
3-25
3-
2-25
3-15
2-25
3
3-15
3-12
t 2-28
3-12
2-28
3-
1
3-15
3-
3-15
2-25
3-10
3-
2-28
2-18
3-
2-22
4
4
1
S.
S.
7%
$3
7 %>
1
2-19
3-
1
2-15
3-
1
2-15
Universal
3-
1
U.
Tobacco
S.
7%
preferred
2-15
1
Utah
3-
1
Utica
97 % c
4-
3-15
Viceroy
3 7 Vic
3-31
3-
Victor
56 Vic
3-
1
2-15
3-25
3-15
4
Power
Mfg.
4-
1
3-15
Wabasso
25c
3-
1
2-21
Wacker-Wells
3-
1
2-21
3-14
2-25
4-
3-
25c
3-15
•2-28
3-15
2-28
Cotton
;
Walt
3-
2
2-24
3-17
3-15
3-
2-24
$3
5 6 Vic
30c
Disney
3-15
3-
7
3-15
3-
7
3-10
2-28
2-11
3-15
3-
1
3-21
3-
5
$1
4-21
3-31
$4.50
Ltd.
3-
2-19
20c
(annual)
2-28
4-
$15c
;
3-11
4-21
3-31
4-
$25c
1
5
(s-a)
class A
Productions,
(this
(quar.)
6%
payment
3-
7
Wamsutta
clears
Mills
1
3-11
Waukesha
Motor
4-
1
3-11
_a23 9/10c
2-21
12-22
West
Chemical
25c
3-12
2-12
3-15
2-12
4-
1
3-19
4-
1
3-12
convertible
arrears)
3-15
4-
3-12
3-15
62 %C
-
1
50c
$2
25c
all
50c
Co.
3-15
3-
1
25c
(quar.)
4-
3-
I
$$1.75
Ltd.—
$$1.75
Ohio
9
40c
common—________„
Building
preferred
West
2-15
1
15c
(quar.)
Co._
Company,
End
3-
3-
40c
Mills
(increased)
Co.,
3-31
50c
Co.
Ltd.
2
1
43 %c
(quar.)
,
&
3-
$2.25
Extra
Walker
3-10
3-22
60c
(quar.)
Co.,
3-11
3-31
$3.50
quar.)
Co._
preferred
$ 45c
1
Co.—
Carpet
Railroad
4 % %
—
common.
Equipment
Wabash
(increased!
(increased
Light
Co.,
3-22
4-
15c
(irreg.)
(quar.)„
Co.
&
2-28
1
25c
preferred
Mohawk
2-25
4-
$1.75
(accum.)
(s-a)
Co.
Co.,
Upson-Walton
3-
1
3-10
75C
50%
Products
3-15
&
Shares
Bumper
non-cum.
3-15
3-10
1
50c
Co
preferred
3-
3-21
$1.12 Vi
dividend
preferred
3-10
3-
Fund
Spring &
3-
3-10
Fastener
Guarantee
.
3-10
3-21
19c
__
U. S. Envelope Co., com.
U.
25C
:
3-10
3-15
U.
2-25
3-10
1
4
1
3-21
4-
4
2-11
4-
31C
Specialties
3-
4
2-21
Fund
United
3-15
4
3-
stock
3-15
3-
4
3-
3-25
3-21
1
3-25
3-
3-25
1.2c
4-
3-30
3-25
3-21
Income
3-21
50c
37 %c
$1.12 Vi
7c
United
22 %c
1-10
Fund
3-15
Stock
1-10
2-21
50c
C_
1
3-15
2-21
Inc.—
4-
1
1
3-15
deferred
4%% pfd. (quar.)
Corp. (quar.)
preferred (quar.)
Dyewood.
3-
4-
.
stock
Lines,
3-21
30c
(quar.)
Associates,
receipts
for
A—
Fund
20c
common
4-
14C
Fund
Union
7
1
3-15
ordinary
receipts
Funds,
$1.12%
Milk
for
Fund
3
1
1
3-
1
Co., Ltd.—
receipts
Corp
(quar.)
2-28
50c
"
3-
3-10
Angeles)—
Carbon
Co.
Bond
40c
(qliar.)
Ltd—
3-
&
3-10
20c
3-31
4-
45c
$1.06 Vi
preferred
C.)
(Los
Inc.
Carbide
25c
1
2-15
25c
Louis)
Century-Fox Film, com.
(quar.)
preferred (quar.)__
prior preferred (quar.)
10c
(quar.)
^
.__
1
25c
convertible
$4.50
50c
3.90%
3-21
3-
10c
Twentieth
$1.50
$1.31 Vi
1
26 %C
1
20c
_____:
4-
$1.06%
Co.
Trust
deposit
1
$1.25
Co.
Insurance
3-15
(St.
Trust
deposit
3-
4%%
(quar.)
2-21
4
$1
Co.
Securities
$1.12%
common
2-25
3-
51/lOc
—
common
3-14
10c
1
:
5
30c
common
3-16
40c
quar.)
(quar.)
Quarterly
45c
preferred
4-
(increased
75c
(quar.)
2-23
3-31
50c
(quar.)
&
4-
1
8
3-15
1
50c
Insurance
Insurance
4-
3-
1
3-15
(quar.)
Co.
Title
1
3-15
$12 Vic
(interim)
Title
1
3
27c
(quar.)___
common
preferred
Inc.
1
4-
3-
$25c
(quar.)—
;___
3-17
3-15
1
3-15
30c
Co.,
Roofing
United
;
Service,
Co.,
Service
75c
Steel
3-
$40c
_
3-
Sulphur
3-12
1
3-
3-15
$5c
Southeastern Gas
4 'A %
3-24
3-
3-15
50c
Extra
4-
2-28
3-15
1
56 Vie
!
4-
4-15
17 %C
15c
Extra
3-
3-11
5-
3-21
15c
(quar.i
Corp;
Gulf
3-31
3-30
25C
Inc
common
preferred
conv.
$25c
1
(quar.)__
j
Tennessee
3-15
2-25
$20c
(quar.)
Taylor & Fenn, 4.32% preferred (quar.)
Taylor, Pearson & Carson, Ltd.—
3-16
2-14
4-15
SI.25
(quar.)
(quar.)—
United
Service,
preferred
Co.,
Ford,
(G.),
preferred
25c
1
pfd.
Cement,
Inc.,
Extra
4%
lVic
75c
Gas
Service
Life
(J.
2-26
2-28
3-12
Ltd.—
(quar.)
Ltd., common
Union
—
Penney
2-28
2-26
$1.25
(quar.)
$2.25
&
3-18
2-18
25c
preferred
17 Vic
Page-Hershey Tubes, Ltd.—
Parkersburg Rig & Reel, common—
Penick
4V2%
Co.
(quar.)
Confection
$4.25
3-10
3-12
2-28
1
(Mich.)—
registered
(quar.)_
_—
Public
preferred
Line
3-21
Co.
(James),
25c
(quar.i.
2-19
2
Talcott
$3
preferred
2-19
1
4-
Mining
Portland
4
$2.75
5(4%
1
3-
Sunshine
Superior
3-
Tobacco
(quar.)___
40c
2-23
3-12
Co.
preferred
3-10
60c
$5
Co.,
partic.
3-25
Corp.—
preferred
3-
Oil
3-15
—
com.
Insurance
75c
Power
preferred
Northwestern
A
1
3-
36 Vic
3-31
75c
4%%
30c
Co,,
3-15
Class
4-
25c
_J_
25c
(quar.)
—
Public
States
$1.50
(quar.)
Hcllingsworth & Whitney
$4 preferred
(quar.)—
pfd.
D
Indiana
35c
preferred
1
(quar.)—_
Ltd.
Co.,
C__
3-30
1
4-
(quar.)__
B
class
$1.75
i_______L____
Co
Stuart
&
Accident
75c
class
Common
1
4
Strawbridge & Clothier,
3-15
20c
A
A__
1
1
3-15
3-31
Rayon Corp.—
3-
$1
3-31
—
(accum.)
class
30c
(quar.)
Standard
2-25
$1.12%
Investment
25c
Brewing
(quar.)
(accum.)
62%C:^„.,4- 1
(quar.),
Squibb
2-26
Gas—
Co._
10c
prior pfd.
2-26
A.)
2-28
17 Vic
(quar.)__n.
Sons (quar.)
3-15
(D.
1
25c1
(reduced)
Inc.
Co
R.)
4-
20c
(quar.V—
Company
Quarterly
1
2-28
$1.06'A
$1.06 74
Bros.,
3-10
35c
Insurance
Corp., new
preferred
Common
(E.
Carbon
&
3-15
55c
Corp.—
Weaving
3-
3-3
$25c
(quar.)
Telegraph
&
American
Northern
"D"
10c
!___
preferred
Common
Square
1
3-
1
$1.25
(quar.)_
common
Service
$62 %c
(quar.)
(quar.)
American
North
Speer
2-28
15c
Niagara
3-10
2-14
3-25
$1
Nineteen
Newmont
2-21
G.)
75c
Co
Electric
State
(A.
12 %c
3-11
3-15
Spalding
Electric
25c
(quar.)
Accident
3-11
3-31
9
3-
4-
$1.20
(quar.)
25c
common
2-23
$iOc
3-
Paper—•
&
Common
_______
1
:
(quar.)
$2.50
Ltd.—
4-
(quar.)
(Detroit)
Inc.,
1
1
Southwestern
30c
Co.
1
4-
9
50c
1
$20c
3-
2-21
3-15
$1.25
(quar.)_
87c
common
Coated
preferred
1
(quar.)_____
1
1
3-15
Electric—
Co.,
50c
(initial)
4-
2-25
4-
1
3-
2c
(quar.)
Gas
preferred
62 Vic
4-
3-10
25c
$1.25
3-
25c
4V4
50c
class
York
3-
___.
2-21
•
Lines,
Life
$4.50
3-10
(quar)
1
common
New
1
(quar.)
3-
4-
$1.25
$15c
15c
(quar.)—
preferred
2-23
37 %c
Co.
15c
common
New
3-
(quar.)
5 %
(increased)
2-28
3-10
:
2-21
2-19
3-14
25c
(quar.)
&
25c
quarterly
Tennessee
20c
(quar.)_.
1
_____
3-22
3-10
3-
3-19
3-1
75c
(quar.)—
Gas
preferred
6c
(s-a)___
com.
Co.
Line,
3-
1
Union
Paper Co
3-10
4-
Southern
$1
3-15
$5c
2-28
:
Co.,
Corporation
(quar.)
England Telephone &
(White
3-12
(resumed)
Inc.,
Casualty
City
5%%
Co.
Pacific
$25c
preferred
3-15
3-1
1
6 %
(interim)
Southern
10c
Corp.
Increased
National
1
12%c
4.8%
2-28
._J
Co., $3.50 pfd.
common
4-
2-18
2-28
3-12
(quar.)
Gummed
New
4-1
2-18
3-12
37 %c
(quar.)___
Murphy (G. C.) Company, 4%7c
Muskogee Company (quar.)
1
37 %c
3-15
12 %c
Ltd.—
(initial)
Common
3-15
4-1
$$1.25
B
;
50c
Co
2-20
3-
1
(quar.)—
2-20
2
3-
(quar.)
3-20
5
3-15
1
4-1
$10c
;—
—_—
Indiana
Southern
4-
Publishing
Brewery
50c
Inc.
Dairies,
Corp.
1
Ltd.
Chemical
(William)
$1.25
$50c
Aircraft
3-
•
(quar.)—
—
Corp.—
preferred -<quar.)—
conv.
3-15
quar,)—.
3-20
1
Solar
(interim)
preferred
Monroe
4-
Snap-On-Tools
3-10
$3
$1.75
3-
$30c
2-18
4-
1
Simon
—
pfd.
(quar.)
$1.75
2-28
3-1
3-10
preferred
30c
3-31
.
3-
87Vic
common
(quar.)
Containers, Ltd.,
Moison's
Western
3-15
5 7o
2-19
$15c
Simmons-Boardman
50c
3-15
3-20
Silverwood
15c
(quar.)
(quar.)_
5%
(quar.)
12 %c
(irreg.)_______,
Light
Co.,
A
2-23
1
(quar.)—
preferred (quar.)—
Silverwood Dairies, Ltd., class
2-25
$1.75
(quar.)_
5%
Class
2-25
2-24
25c
$1.25
preferred
Valley Water,
Ltd., common
3-10
(quar.)_
5%
3-
3-14
10c
common
1st preferred
3-15
(quar.i—
Co.,
Gas,
Corp.,
75c
——
Service
Hosiery
4-1
common
Ltd.
pfd.
(quar.)
Pipe
Mfg.
40c
quar.)
(quar.)—
25%
2%C
3
(quar.)_
(quar.)—
10c
Co.,
pfd.
(incrd.
(reduced
5c
preferred
Co.
2-16
preferred
3-16
Corp.
Heileman
Class
3-15
_____
Instrument
1
& Mfg.
Utilities
3-1
3-
common
Ontario
&
3-
1
$1.25
—
Corp.
4-1
4-
2-16
Co.
&
3-15
$1.13
(quar.)
Shares
Shenango
1
(quar.)
3-15
5
*2-21
(quar.)_____—
Mining
px-eferred
3-10
85c
Seminole
Oil
4-
60c
2-25
5%
1
$1.50
(quar.i
3-11
(quar.)
Co.
5
preferred
Co.„
American
Silknit,
common
Corp.
5%%
Lace
Selected
3-
conv.
Co.
4
2-23
__
Linotype
3-
3-11
(quar.
Stores
1
$1
(quar.)_____
Publishing
1
$1.10
4IV4C
3-11
35c
common
1
1
___.
Co.
8
2-
1
1
5
3-
3-12
2-
3-10
(quar.)—
series A
pfd.
Bros.,
Scranton
3-15
3-30
3-
4-
1
2-21
2-15
4-
2-21
3-10
3-10
$1.05
4c
4-
3-10
2-
(quar.)—
RR.
$1
$25c
1
2-15
3-10
Security Co. of California
Seiberling Rubber Co., 5% cl. A pfd.
4%% prior preferred (quar.)_
Co.—
4-
3-11
3-11
——
3-10
1
25c
(quar.)_
25c
Power
Y.,
1st
Sheller
1
4-
3-10
3-
1
4-
3-15
1
2-
3-10
3-30
3-15
America
2
4-
$1.12 %
of
4-
15c
4-
1
3-10
Paper Co.—
4.40%
Sanger
Co.
Whitehall
&
3*
2
50c
(quar.)——
75c
Co.—
Co.
Manufacturing
3*
3-
4-
30c
preferred
35c
._
(quar.)____:
Forming
5-
Extra
Hammond
2-28
(special)
(quar.)
(quar.)_____:
$2.50
preferred
Co.,
9
preferred
Mergenthaler
3-29
(quar.)—.
$6
3-
Co.
__1
4-
3-30
:
preferred (quar.)
Power
50c
redeemable
conv.
15c
(s-a)_____
Co.
3-15
—
Inc.,
Stores,
$3.50
$1.25
_____________
Watch
1
Extra
(quar.)„_
A
Insurance
Sugar
4-
5%
Candies
McCrory
4-
$1.12%
—
Western
$1.12%
Company,
conv.
Master
■___
(increased quar.)
——,
Extra
St. Regis
25c
Goldblatt Brothers, common (quar.)__i
$2.50 preferred (quar.)—_
Y.)
2-28
preferred
Electric
1
(quar.)__
pfd.
(s-a)
N.
3-15
25c
(s-a)
Plains,
12 %c
M,assey-Harris, Ltd., common- (quar,)_—*i___
•
3-
$2
Fire
Rutland
Corp.,
(P.)
Lee
25c
(quar.)
preferred
Matitpu
2-28
Massachusetts Investors Second Fund,
20c
Co.
junior preferred
Eastern
3-11
25c
(s-ai
Brewing
50c
preferred
preferred
Mary
1
Rutgers Fire Insurance Co.—
Extra
(irreg.)
Corp.
preferred
3-15
75c
(quar.
2nd
Ruud
$1.50
Razor Co.,
preferred
2-28
25c
(quar.)
Distilleries
B
3-11
3-
1
15c
—i
^
convertible
.
1
50c
(quar.)
Extra
4%
2-28
4-
4-
50c
common-
40c
Corp.—
Stores,
Lorillard
2-28
37'/2c
Co., common..
preferred (quai'.)__
Safety
$3
3-10
$$1.37
j.
Products
Refrigerator
.
prior
$$1.25
(quar.)
(quar.)
Gillette
Hart
1%
National
preferred (quar.)
Signal Co., common
preferred
Gibson
Gulf
7
25c
(initial)
General
7%
2-
81 Vic
Mfg. Co., class A (quar.)
Candy
Gruen
3-10
10c
Paper
Corp.
Corp.
Plywood, 5%
Great
partic.
62%c
(quar.)_.
Co
Container
class
Great
6%
75c
Corrugated
Process
Gaylord
Golden
Lincoln
$1.50
Power Co., common
preferred (quar.)
5%% preferred (quar.)__,
Goebel
Service
3-iu
2-25
Company
Corp.,
3-10
$1.12V2
—
Rotary Electric Steel Co.
20c
5%
5%
1
Cable
H.)
3-15
20c
div.
,
Gatineau
$5
4-
3-10
(H.
1
3-12
90c
Co
3-15
Supply
2-28
4-
$1.50
(quar.)
(increased
N.
Building
62 %c.
.
stk.
Ltd., class A (quar.)
Stores Inc.,
common
preferred (quar.)_
Food Machinery & Chemical—
3%%
preferred
(quar.)
1st
Lincoln
Mojud
1
(quar.)__
preferred (quar.)
1st
Globe &
3-19
preferred
Manufacturing
2-28
Tobacco, 7%
1
3-
4.50%
1
common
3-15
25c
(quar.)
(quar.)
3-31
____
2-28
25c
A (quar.)
Tobacco—
3-31
_j
1
3-31
25c
preference
(R. J.)
4-
(quar.)
7
3-
$2c
common
$1.25
_——
Cup
Corp.,
$1.25
(quar.)__
__—
3-
3-31
37V2c
(quar.)
preferred
3.60%
Casualty Insurance Co. (Tenn)—
4-
Co.—
Fair
Class
&
Quarterly
Lily-Tulip
40c
prior
Reynolds
Rome
Glass
of
30c
2%c)
of
$2.50
4%#
Fabrics
2-25
1
2-28
2-28
(quar.)
1
.
2-28
3-15
1
Co.,
Co.
10c
tax
(quar.)__
Stores,
B
Gerber
Electric
Salt
3-
3-15
3-15
3-15
4-
preferred
f$l
Curmo
5preferred
6¥
5
2nd
Minnesota
-
& Deposit Co. (Maryland)
Financial Industrial Fund—
New
Life
3-17
4-
3-21
6%
4-15
25c
<quar.)__
pfd.
3-15
3-28
1
25c
Republic Steel
$1%%
(quar.)
65c
Co.-
Fidelity
General
3-31
4-20
?,-
1
(quar. )l____L—lIa.—
conv.
Liberty
guaranteed—
Corporation
&
Gemmer
Libbey-Owens-Ford
25c
Extra
Fort
Leland
3-18'V
25c
Semi-annual
6%
3-23
4-
$1.12%
Products, Inc._.
Federal Fire insurance Co. of Canada
Food
4-15
30c
Fabrlcon
Class
$1.31%
50c a
3-
Robertson
A
4-14
$1.183/4
:
;
2-28
Ltd—
$25c
Plantation
Ex-Ce!l-0
Feltman
5%
35c
(quar.)
of
2-28
$1.06 ¥4
,
(quar.)
deducts,
3-10
$1.50
(quar.)
Pittsburgh RR. Co. 7',/
(After
Ewa
20c
(quar.)
Inc.
Bros.,
1
quar.)
2-21
40c
Co.__
Extra
4-
District
preferred
40c
(irreg.)
common
Corp.
Co.
5%
60c
(reduced)
(Texas), common
preferred (quar, )__„___.
Coach
3- 1
Common
93%e
Electric
$4,50
Erie
3-10
$2.75
(increased
Works
Electrographic
1
15c
preferred
Oil
3-
$1.25
com.
Co.,
partic.
Dorado
3-10
(John),
Superior
7%
preferred (quar.).—
Edison Bros. Stores, Inc. (reduced)
4%%
30c
Disney)
6%
El
Lake
$1
(quar.)
7
3-15
Reeves
7
3-
33%%
Labatt
1
25c
—
preferred
3-
1
$75c
dividend
7
3-
50c
(see Walt
Industries,
3 3A%
Stock
3-
3-15
'
1
xl%%
Insurance
$3
(quar.)
Extra
Life
20c
Company
Aircraft
(quar.i
Dresser
Knights
(stock
preferred
Risdon
Rubber
B.)
Gas
&
Inc.—
dividend).
Manitou Mines, Ltd
Raybestos-Manhattan,
Inc.
4-
(quar.)
(quar.)____
3-28
$1.12%
Dobeckmun
Douglas
2-23
(I.
Electric
Quebec
4-
Oil—.:.;
12%c
;
$4.75
3-15
2-28
preferred
Coastal
50c
A
2-28
4-15
50c
(quar.)_
Liggett & Myers
t
(Productions
3-
1
3-31
35c
93 %c
$5
2-21
3-15
Industries,
2-28
common
preferred
2nd
Kleinert
25c
Corp., common
preferred
(quar.)—__
Disney
2-28
1
$1.25
Dictaphone
4'*
3-15
4%
Kinney
,
(quar.)
(reduced)--
Alakali
3-
America—
Corporation
Diamond
3
Leslie
preferred
Inc.
3-31
Service
1
Switchboard &
4%%
2-24
25c
Mills,-common____
Walt,
3-
2-28
Corp.—
5%
preferred
(quar.)_
Cunningham Drug Stores, Inc.___
(Curtis (Helenc) Industries, Inc.—
Dan
Co.,
62V2C
(quar.)
Publicker
1
Co.
$1
(quar.)•_____!_—
A
3-15
40c
2
Public
1
4-
Company
Kimberly-Clark Corp.,
3- 4
.
1
3-
4-
Corp.
25c
Corp.,
International
class
3-15
3-
3-31
Ltd
Mines,
Extra
Kerite
$10
(Del.)______
Steel. -Corp
Copperweld Steel Co., common
,
Kellogg
2-18
3- 4
62%c
Continental
$1
2-18
1
3-15
$50c
—_
Lithograph Mfg. Co., Ltd.
Company. $2.50 pfd. (quar.)
Continental
Crown
1
3-
25c
(irreg.)
Consolidated
5%
3-
12'/2c
3-31
3-
3-15
2%%
$$1.25
—
Dome
Quarterly
$25c
(initial
preferred
$1
_______
(quar.i—
East
2-28
3-15
Providence Washington Insurance Co.
1
3-15
$1%C
Preston
3-10
(quar.)
Supply,
3-15
25c
—
2-24
(quar.)_
B
2
1
4-
$50c
(quar.)__
(increased)
3-
(quar.)-——
Kokenge
Drug
30c
(quar,)—.
Machinery
Corp.
Consumers
&
$4.50
2%c
Mills
Katz
—
Publications '(quar.)
Nast
Cone
2-28
Water
preferred
Inc.
Ltd.
3-19
;
com.
62 %c
30C
Co.,
3-31
3-31
$40c
Service, Ltd.,
—
$37 Vac
2 %c
com.
3-
$30c
xl%%
$5
Julian
3-15
Company
& Alexander,
River
x$$1.75
(Ky.i—
Special
Conde
1
Powell
2-21
3-28
20c
Powdrell
1
Ltd.—
Co.,
C
25c
Potter
1
3-
Common
(quar.)
4-
(quar.)
preferred
Cornpo
Co.
Service
preferred
$1.50
15c
Title
preferred
conv.
Public
3.75%
B
Quarterly
Commonwealth
6%
Iowa
preferred
37 %c
1
3-
3-11
2
—
$$1.06 y4
—._
_■___
(quar.)
Foundation,
7%
(quar.)
Insurance
Investment
2-25
—-
Co.
3-
3-31
18% r/o,
_;
Hosiery Mills
3-12
—'
3-31
3-31
$$1.12%
(quar.)____
53Vic
(quar.)
Corp.
A
—
,
Porter
2-21
3-11
4-21
3-
50c,
15c
(quar.)
Industries, Ltd.—
Metal
30c
35c
—
(quar.)
(quar.)
Iron
Edison
3-15
3-31
3- 5
1
Holdert
4-21
10c
2V2c
Extra
common,.
Harvester
International
______—
Co.—,
Commonwealth
Commonwealth
tquar.)_
common
3-
45
Payable of Rec.
15c
(reduced)-—-
Oil Co.
(quar.)
(H. K.), Co.,. Inc. (Penn.)
preferred
(quar.)
$l0c
__!
(quar.)
(quar.)
'
$3%
Corp.______
Ltd.,
Bolt
&
Plymouth
Shares, Ltd.—
3-14
2-25
Co.,
4
Group Shares (s-a)_
Interstate
common——
&
Bank
2-26
2-25
2-25
3- 3
3- 3
iquar.)_——
B
Fuel
preferied
3-21
3-15
3-15
3-15
common
Co.,
preferred
Colorado
4%%
50c
50c
$1.25
25c
$1.12%
lquar.)_
preferred
Colonial
International
5%
Class
—
3-
Screw
Materials
When
Share
Extra
5%
3-25
(quar.)—
Comany,
4%'#'
Institutional
& Share
Bond
Acceptance Corp.,
preferred
(quar.)
4-15
(quar.)
3-21
—
Industrial
$50c
Molybdenum
Coleman
3-15
Indianapolis
(s-a)
lion
preferred
Climax
3-31
(interim)
3-31
common
Plastics
6%
(quar.)_,—-!
Equipment,
8
$20c
Common
$1.25
A
3-
31 Vic
Pulp & Paper, 5% preferred (quar.)
Imperial Tobacco Co. of Canada, Ltd.—
Co.—•
_!
A
diss
Co.
Cleveland-Cliffs
3-7
!_—-----
(quar.i
Ltd.—
Knitting,
participating
Service
3-28
3-3*
(quar.)_
5-20
3-18
—
Hudson
3-13
3-15
series
Cities
4-1
3-31
3-11
3-28
2-15
3-11
3-21
2-28
3- 7
10c
consolidated
(quar;)—
preferred
3-1
30c
-—-—
3-21
6-1
30c
preferred ^s-a)—
Imperial
Tobacco
Co.
(Great
Britain
&
Ireland), American dep. receipts
(final)
50c
(quar,)—
(quar.)-!
Chicago Mill & Lumber iquar.)_Chicago, Rock Island & Pacific RR.,
5%
2c
$1.12'/a
15c
.
.
Common
3-15
;
Co
of Company
Pittsburgh
3-31
50c
4- 1
$1
$1.50
60c
Manufacturing
Per
Name
25c
(quar.)
4-1
4- 1
$1.06'A
Inc.,
America
of
Co.
Hoskins
3-1
3- 1
3-1
10c
——
—
(quar.)——
Warehouse (quar.)
Illinois
Central
Mining
(841)
Holdert
When
Payable of Rec.
12 Vic
& Company, common
class A
(quar.)
non-cum.
2-15
2-17
2-17
3-15
3-15
$20c
—
B
Detroit
(Henry)
$1
Homestake
Carthage
Mills,
common—.
l':' 6% preferred A (quar.)
6%
Holt
3-30
♦
CHRONICLE
Share
of Company
25c
(quar.i
& Company, common
%%. preferred
2-25
3-31
4-15
Ltd.—
Co.,
preferred
Carman
4
Natural
FINANCIAL
Per
Name
Payable of Rec
Co.-———
t75c
4%.% pfd. .(quar,)_ $$1.12%
Ry.
Refractories,
Canadian
&
Holder i
When
Share
Canadian
COMMERCIAL
THE
Number 4779
169
Gas
Co.
Co.,
6%
(quar.)
pfd.
(s-a)
____—
3c
17 %C
1
2-16
2-11
8-16
8-11
3-
2-14
1
3-20
3-
5
THE
(842)
46
When
Per
Share
of Company
Name
Virginia Pulp & Paper
West
(quar.)
4-
Utilities,
Western
Villa
White
Whiting
Will
Inc.
4-
(s-al
(quar.i-—.
&
2-15
3-
Co
semi-annual
2-15
4-
30c
—
1
2-10
3-
1
>
Arizona
1
$5
2-18
1
2-18
Arkansas
2-25
Armco
1
4-
3-15
3-
15c
3-11
3-
1
Natural
1
$4
paid. The list does not include divi¬
dends announced this week, these being given in th»
&
When
Per
Share
737%c
762VaC
preferred
tquar.)
prior
preferred
(quar.i
Acadia-Atlantic Sugar Refineries,
A
Steel
Acme
(quar.)
preferred
convertible
5%
Co.,
Roller. Bearing
&
common..
(quar.)
Engineering,
Aetna-Standard
S1
25c
20c
25c
25c
—
(quar.)
Co.
Mfg.
D.)
Ball
725c
t$ 1.25
—
common
—
$1.25
preferred (quar.)
Affiliated Gas Equipment,
5%
convertible
Canton
Shoe
Common
22 ac
—
51c
(initial)
715c
Ltd._.
Stores,
preferred
Portland
Allied
Allied
Co.,
Co
Gas
Mills,
Inc.
Corp.,
Company
4%
3-31
3-26
Atlas
5%
series
5%
convertible
Auto
preferred
Aluminum
Industries,
Ltd.
93%c
4- 1
3-10
Business
Shares
American
Can
American
preleired
5%
Chicle
Cities
Power
&
dividend
1, 40
of
Stock
American
class
for
made
each
be
at
class
Tiling
American
Fork
for
3-15
3-15
3-10
3- 5
3-5
of
share
Atlantic
12%c
2-28
3- 1
2-18
12 V2C
3<-
2-18
1
7
4%'y
preferred
S.i
2-28
4-15
3-31
3-13
2* I
of
1/100
City Electric
Co.
Common
t'/c
preferred
$1.25
(quar. 1
Howell
&
Machine
American
Metal
4.25'V
2- 8
American
Class
A
Class
Potash
5%
Hills
3-4
3-1
1-28
Bond
1-28
1-28
2-24*
Border
4.20%
Boston
Fund,
3-
1
2-4
Boston
Woven
B
$4
(quar.)
Safety
American
Seating
American
3-15
Bowser,
1
3-15
3-15
$1.30
3-10
2-28
3-1
2 19
3-
25c
—
pfd.
1
2-28
2-11
2-28
2-
8
2-28
2-
8
5%
4-30
3-15
participating,
43c
7-1
$1
2-24
2-
Co..
Sliip
American
$3
Increased
Foundries
American
Steel
American
Tobacco
Wire
&
American
Window
preferred
prior
7%
__—
(quar.i___—____
Glass
Co.,
preferred
preferred
3-14
3-
4
3-
1
2-10
1
(quar.i
—
$1
___
$1.75
(irreg.)
1
2-11
3-15
2-28
3-15.
2-28
4-15
4-
30c
4-
1
10c
2-15
12-30
715c
3-
1
25c
3-
1
/
2-10
1-29
Common
(quar.)
(quar.)
preferred (s-a)
$1
3-31
3-23
Common
$1
6-30
6-23
■6%
$3
6-30
6-23
-
Rubber
3-
1
2-17
3-
5
2-18
3-
1
2-15
deposit
v
$6
Shoe
$3.60
pfd.
Mills,
Class
$5
Budd
$5
Pipe
Company,
Buell
Die
Buffalo
Bullock
&
2
,6-10
2-1
Casco
trating
Co.
4%%
6-15
1
3-25
7$2
4-
,4.
(quar.)
(annual)
50c
3-15
i
3-10
3-11
3-
1
$4
3-
4
3-
2
22%%
3-
1
1-25
22'/a %
for
class
A
3-
1
1-25
1
2-11
or¬
for
class
B
or¬
2-15
Caterpillar
Central
7 7o
&
Tractor
1
1
2-18
2-18
3-
1
3-
preferred
Fibre
3-
1
2-15
40c
4-
1
3-12
4-
1
3-12
(quar.)_„
(quar.)
75c
7
Non-voting
*
Inc.,
voting
2-15
17 Vac
(quar.)
2-28
3-
1
2-
7
27'/aC
&, Power, com.
Products,
3-
1
2-
7
30c
4-
1
3-15
4-
1
3-15
com.—
common
30C
Extra
6%
Central
2-15
Foundry Co.,
Central
Illinois
1
2-16
Central
3-1
2-7
Central
4-
1
2-23
4
1
3-21
4-
N.
&
1
3-21
3-15
3- 1
Century
3-15
3-
Chain
Central
1
1
3- 1
3- 1
Power,
South
Steel
$4.50
(quar.)
3.407n
Wire
&
pfd.
Corp.
Co.
Mills,
Paper &
Chatham
3-19
Class
3-31
3-19
4%
3-1
2-18
40c
4-15
4-
90c
3-
1
2-15
20c
2-28
1-31
25c
3-14
3-
(quar.)
(quar.)_
Co.,
2-19
2-19
3-
1
2-19
Chicago
3-
Chickasha
V.
T.
C.
2-9
2-2
for
1
4
3-15
3-1
2-23
2-10
2-U
50c
3-
1
$1.12'/2
4-
1
3-15
3-
1
2-17
125c
3-
1
2-11
2 V2C
3-1
2-19
2'/aC
3-1
2-19
common
Ltd.,
class A
5%
pfd.
(s-ai_
(quar.)
(quar.i
$1
series
A
1
2-19
75c
preferred——
3-
3-
1
2-15
3-15
2-28*
25c
3-
1
2-18
(quar.)
Common
1
2-10
15c
(quar.)
Co.,
25c
4-15
3- 8
Yellow
' 3-11
1
40c
Corp., $3 preference (quar.)
Chicago Milwaukee St. Paul & Pacific RR.—
1
3-18
(quar.)
com.
Chicago
3- 1
2-15
3-
(quar.)
preferred
3-
2-15
3-31
85c
;
Products,
Mfg.
B
1
2-28
20c
Steel
2-14
3-
3-15
(quar.)__.
(quar.)
Inc.
Fibre
preferred
3-31
3-15
3-15
30c
Corp.
Cliatco
$1.25
common
Company
Charis
3-15
1
1
$1
West
Ribbon
Belt
Champion
2-1.5
pfd.
conv.
Service,
Light & Power,
preferred
(quar.i_:
Central
37V'aC
(quar, 1
Ohio
3.6%
1
Y.
5%
Public
preferred
3-
1_
iquar.l—
2-15
4%
44-
4-1
30c
preferred
2-15
3-
2-
$1.75
(quar.)
1
3-
1
3-18
2-25
$1.12V2
common
Co.
3-15
3-15
3-
1
30c
,
3-
4-
Co.—
3-15
2-11
3-
35c
(quar.)
Arizona Light
Central
1
Scott
58%c
(irreg.)__
Company,
preferred (quar.)
3- 1
1
Corp.
I.)
" 2-16
Cab
Cotton
$4
Co.—
Oil
'
3-
1
2-11
Common
(quar.)
25c
2-25
2-12
7-15
6-
8
Common
(quar.)
25c
2-25
1-31
10-14
2-25
2-15
3-19
3-
2-15
1-31
3-
8
1
2-19
4-15
3-20
4-15
3-20
3-
2-14
1
3-
a2%%
1
3 J
4-
7
2-25
Chile
Copper
Co.
Chrysler Corp.
Cincinnati
4%
(increased)
Inter-Terminal
preferred
RR.
ordinary
,
2-25
4- -7
2-25
a272%
(s-a)
4- 7
a2%%
4-
2-25
7
(s-a)
$2
5%
prefeired
5%
City
Baking Co., 7% preferred (quar.)
City Ice & Fuel Co. (quar.)
City Investing Co., 5 V2preferred (quar.i
City Water Co. of Chattanooga
(Tenn.) —
5%
preferred
(quar.)
2-15
1
2-15
3-
1
2-15
6-
1
5-15
9-
1
8-15
$1.75
2-
1
1-25
3-31
3-10
4-
3-17
62 V2C
$1.37 '/a
1
$1.25
3-
1
25c
Clearing Machine Corp. (reduced)
Electric
7-20
1
3-
$1.25
1
1
3-
$1
$1.25
preferred (quar.)
preferred (quar.)
(quar.)
8-
35c
$1.25
Milling Machine Co., common—_
preferred (quar.i
Cincinnati,
New
Orleans
&
Texas
Pacific
4%
Cleveland
8
2-14
Co.—
Cincinnati
5%
8
2-
3-14
$1.25
9-
2-25'
75c
_
(s-ai
(final)
8%
1- 5
2-25
3-15
2-22
3-15
2-22
$1.10
3-
1
2- 8
$1.50
3-
1
2-11
J
2-15
Illuminating—
3-
1
2-10
$1.12%
Clinton
25c
1
2-18
3-
1
2-15
90c
-
3-
30c
:
4-30
4-14
I
&
Pittsburgh
3-
1
2-16
20c
4-
1
3-16
3-10
RR.—
regular guaranteed
special guaranteed
Clorcx
Club
1
20c
Cleveland
4%
4-
Industries—
Monthly
Monthly
7%
(accum.)
Chemical
Co.
Aluminum
Cockshutt
Plow
Common
(quar.)_.
87 %c
Products
1
2-10
3-
1
2-10
40c
3-10
2-25
15c
Co
3-
50c
(quar.)
(quar.)
3-
1
2-2i;
20c
3-
1
Co.—
(now
on
quarterly
a
basis)
Co.,
com.
1
3-15
2-15
Common
(quar.)
20C
6-
1
5-
2
3-15
2-15
Common
(quar.)
720c
9-
1
8-' 1
25c
(quar.)
2-
J30c
A__;
3-15
3-
25c
3-
1
4-
1
Collins
Aikman
&
Corp
1
3-21
Colgate-Palmolive-Peet,
20c
3-15
2-18
Colonial Steamship Lines Ltd
15c
3-
8
2-15
4%
preferred
(quar.)
$1.25
3-
1
2-15
5%
preferred
(quar.)_
$1.25
Co
common
•
(quar.)
______________
Co
Mining
Co.
&
(reduced)
Inc.,
2-28
2-18
Colorado Fuel & Iron.
3-
2-15
Colorado
1
'
Central
Milling
Columbia
Concen¬
25c
(quar.)
Store.t,
Colorado
2-25
20c
v
Colonial
2-15
3c
45c
Sullivan
Mfg.
7-15
Ltd.—
receipts
preferred
(J.
1
Co.—
_______
(F.)
Co.,
Ltd.—
J 7 Vic
Extra
Burkart
4-15
1
'
class
Ltd.—
&
Gas
receipts
deposit
Pirie,
Carson,
3- 3*
Co
Fund,
Hill
2-18
Ltd.—
Products
Case
a5%
Inc
Machine
Forge
1
7-
3-1
J25c
preferred
prior
3-
3-10
1
(quar.)
Line
730c
2-10
1
1
—
preferred
Buckeye
3-
4-
4-
(quar.)
Ltd.,
B
1
3-10
4-
(s-a)_
for
common-—
preferred
Bruek
4-
3-
t25c
(quar.)____
Co.,
Co.,
2-10
c
25c
Ltd.—
preferred
Rubber
Brown
•
1
25C
J$0.234375
receipts
Gas
1
3-
737'/a
Corp., common (year-end)
Plywood Corp., common
3Va%" preferred
(quar,)—
f37%c
Borough
2-15
3-
Cascades
Packers, Ltd.—
preferred
Co.,
3-15
1
Carrier
1
4-
(s-a)__
4.40%
1
3-
if-
4-15
(s-al_
Brown
4-
2-1
4-
40c
(quar.)
com.
deposit receipts ordinary
B
3-31
737 VaC
Co.
Ltd.—
Class
3-31
4-15
1
3-
30c
pfd. reg.
Brooklyn
2-28
4-15
3-
3-1
93%c
receipts for 5%
A
1
7$1
iquar.)_
Steel
deposit
dinary (final)
+12!ac
common
dep.
Columbia
4-
2-15
Ltd.
Boxes,
(William). Co.
American
75c
(interim)
Celanese,
$1.12 Va
(annual)
(quar.)
Natural
American
$12V2C
(quar.)
Tobacco,
2-28
50c
(interim)
Ltd.,
1
16c
(quar.)
(quar.)_!
Oil.
A
Carreras,
f32'/2C
common
2-28
4-
75c
(quar.i
Ltd.,
Co.,
1
60c
pfd.
Bunker
Mills
1
Class
Carpenter
Carter
$1
dep. receipts for 5%
3-15
1
2-28
50c
2-10
3-
2-17
$1.35
preferred
Class
4
3-
$1.50
(quar.)
Inc.
25c
3-
30c
(quar.)
Brunswick-Balke-Collender
(quar.i
_
Cotton
2-25
3IV4C
—
common
Wringer Co.
(quar.)
American Line, Lead <fc Smelting Co.. com._
Anglo Canadian Telephone, class A (quar.i
Arcade
2-
3-15
$1
American
Anheuser-Busch,
2-28
Co.—
(accum.)
Woolen
(quar.)
common
receipts for 5%
Brown
75c
75c
(quar.)—
1——______
American
$4
Co.
Co.
Extra
5%
(quar.i
dep.
British
9
60c
—
Stcei
2-28
15c
(quar.i
preferred
American
Smelting
American
2V28
3-15
$1.05
&
preferred
British
6-1
Building Co. (N. J.)_.—.—
& Refining Co.—
American
3-15
37V2C
(reduced)
(quar.)
$1.20
registered
2-21
25c
—
stock dividend
3-
$1.75
3-15
25c
(quar.)
4-
7S6.25
Ltd._
Lid.
Wirebound
25c
Amer.
2-21
25c
_
Canadian
1
3-23
$1.06%3-12
Co.
Cordage
American
1
12 Vac
...
3-10
(quar.i
preferred
3% ','c
1
3-2.4
1
30c
;
Light,
Hose
British-American
3-1
3-15
4-
25c
(quar.)_
com.
(interim)
British-American
4
3-15
Western
$1.50
2V'ac
2%c
(quar.)
Inc.
Inc.,
3%%
5-21
3-
Canadian
(quar.)
Co.
Bristol-Myers Co.,
2-19
3-15
3-10
60c
Bearing Co. (irreg.),
Ltd., class A (quar.)
Brantford
1
3-
1
35c
(quar.)_
c
721c
(quar.)
Quarterly
Quarterly
4-
4-
tlOc
—
1-31
1
Ltd.—
Lumber,
4-20
50c
Amer.
Corp. (quar.)
(quar.)
Co.
Service
1
4-
$1
__——
Razor
Extra
Special
4-
4-
Standard Sanitary—
&
(quar.)
American
Co,
37 %c
37%c
—_—
preferred
Bowes
Amer.
Common
7%
2-19
28v'»c
—
(quar.t
Radiator
&
Company
3-1
1
1
I2V2C
Roller
1
2-15
$1.75
Company
Manufacturing
37%c
31!4c
31%c
3-15
&
Mfg.
Bower
I
(quar.i
preferred
American
City
Borden
Boss
(Illinois)—
6-
Western
2-15
3-
$1.06%
,
Inc.
$2.40
3-
Canadian
3-1
60c
Inc., common
preferred (quar.)
preferred
Stores.
2-14*
25c
5c
$1.50
(quar.i
Power
1
$1.12!$
Corp.,
15c
(quar.i—
preferred
5.40%
$31.12Vi
Tire
j25c
pfd.
1-31
3-
710c
Canadian
$1.10
(quar.)
7-15
2-22
720c
+
dinary (final)
(quar.)
2-28
2-22
710c
Products,
15c
__
1
7-30
J S1.75
$ 1.75
Silk
$25c
(quar.)
4-
718 %
common
Ltd.
Co.,
Canadian
lO'/o
■
(S.)
Locomotive
2-11
$4c
common
2-15
725c
(quar.)
2-14
1
720c
2-11
50c
Co.
Ltd.,
Co.,
1
40c
(quar.)—.
Laughlin,
Machine
2-28
,
(quar.i
Co.
Ltd.
Investments/Ltd.
3-
3-
Co.
Co.,
1
3-
720c
(quar.)
$1.05
'.
2-28
3-
750c
(quar.)
com.
Extra
Co
3-15
720c
(quar.)
Canadian
3-10
25c
convertible
4- 1
9
Chemical—
&
2-16
6-10
Carpet,
7$1.12 V2.
(quar,)__
Internat'l Investment Trust, Ltd.—
preferred (accum.)
*
5%
3-10
prefeired
&
2-
25c
2-16
Ice
A
1
„j;
3-
Co.,
1
1
preferred
10c
Ltd., common.
4% %
preferred (initial quar.)
4% %
preferred (quar.)
:
American News Co.
(bi-monthly)
American
3-
7- 2
Mfg.
2-10
1,
Canadian
4-
Manufacturing
Bluinenthal
20c
Class
3-25
35c
Co., common
75c
Foundry—
<&
2-15
9
}25c
(quar.):
2-21
3-
Ltd.—
;
4-
25c
&
General
1
Quebec
50c
;
Canadian
3-1
Products,
preference
3-
preferred
62V2C
75c
___
2-21
$37V2C
Hardware
3-15
3-21
720c
Extra
1
35c
preferred
3- 1
3- 1
3-11
preferred (initial quar.)
preferred (initial quar.)
4%%
2-15
3-
(s-a)_
pfd.
1
732 VaC
(quar.)
(quar.)
Canadian
3-1
3-15
$1.18%
(quar.)..
2-19
1
—
Co.
2-19
3-15
4-
_______
American Investment
4% %.
A
3-15
$15c
3-13
(quar.i
Class
2-17
Black
General Corp., $2 pfd. (quar.)—
preferred
(quar.)
$3 preferred (quar.) _.—________—
American Hide & Leather, 6% pfd. (quar.j
American Home Products (monthly 1
American Indemnity Co. (s-a l
2-10
1
Black-Clawson
for
$2.50
1
4-
Extra
a
American
3-
3-
Blaw-Knox
3-15
Food
30c
Bliss
____
Canadian
75c
Black, Sivails & Bryson, Inc.,
______
2-10
$1.18%
Extra
25c
1
30c
Birmingham Water Works, 6%
Bishop Oil Co.
(quar.)
3-15
3-
$1.75
Corp.,
2-18
4-
725c
Fairbanks-Morse
$1.12Mi
_*5r_
2-28
1
725c
Canadian
l'2VssC
Ltd
Ltd.—
2-28
3-
715c
2-10
25c
Corp.,
3-15
3-15
34%c
(quar.)
Ltd.,
1
$10c
com
2-10
7 37 Vac
$1
Co.,
1
50c
(quar.)
3-
$12V2C
(quar.)
3-
15c
Forgings,
25c
dividend)
2-18
15c
Co.
Regular
15c
Paper,
Shoe
A
&
Canadian Car & Foundry,
Class A (quar.)„
(quar.)
Eibb
30c
$1.12 V2
2-10
(quar.)
6%/ preferred
2-18
12%c
—
3-
held
share
each
(A.
Foundries
25c
(quar.)
3-11
3-15
,__
Cement Co., Ltd., $1.20 pref.
& Dominion Sugar
Co., Ltd
30c
common
3-10
4-16
(quar.)!
Insurance
preferred
25c
(quar.)
3-23
common
convertible
25c
com.
3-10
75c
Canada
(quar.)
Inc.
(reduced)
Mills,
Co.,
$1.50
(stock
prefeired
7%•
3-25
2-id
3-
25c
Bigelow-Sanford
2-23
-«■—
2-24
2-28
J5c
preferred
Belknap
will
.
3-10
50c
Inc.,
Co.
Life
Safeway, Ltd., 4%% pfd.
Vinegars, Ltd
Canadian Breweries, Ltd.
(quar.)
3-16
8c
2
3-1
.3-23
15c
Canada
3-31
V20c
2-18
1
3-15
(s-a)
!
Forge
5Va%
56Vic
pfd.
2-
Extra
Co.—•
Common
pay¬
common
dividend
stock
extra
Common
Class
(quar.) —;
Mines, Ltd.
(s-a)
Berkshire Fine Spinning Associates, Inc.
Bethlehem Steel Corp.
(Del.), common
(quar.)
held—
share
each
2-15
(quar.)_
2-25
3-
(quar.)
Semi-annual
Camden
Manufacturing Co. (quar.)
;
Belgium Glove & Hosiery Co. of Canada, Ltd.
2/100
of
a
share of Atlantic City Electric Co. com¬
mon
3-
(initial)
$1.40
dividend)
(stock
25c
(quar.)__;
4% %
quarterly cash dividend,—.....
Common
Canada
$75c
Belleterre
4 %preferred
(quar.)
American Gas & Electric Co.—
Common
2-21
(quar.)
$1.40
41 Vic
of
rate
(quar.)
Co.,
&
B
Bell
——
Hoe
&
40c
50c.
shares
thereof
-
American
3-15
(quar.)
A
Beaunit
$1.25
Forging & Socket
Extra
50c
(increased)
A
$1.75
—
Co.
Encaustic
Canada
Belden
—
American
2-18
tquar.)
Co.
Class
2-12
2- 4
3-17*
share.
B
1
Canada, Ltd.
Mining
Class
Corp,—
share of North
for
each
share
the
3-
Extra
5%
lieu
in
A
Class
2-28
2-21
4- 1
—.—_
Fractional
but
issued,
will
ment
a
of
Power
Class
Light
common
held.
stock
B
be
not
Co..
$1.12'/2
(quar.)
A
Oil
Bathurst
50c
4c
(quar.i
Co. ('quar.i
American
Canada
Seelig Manufacturing
Metals
Beck
(increased quar.)
American
2 11
2-18
(quar.)
Corp.
class
$1.20
Cliain & Cable Co.—
Common
&
Barnsdall
2-15
iquar.
State
1
(quar.)
Co.
Sleel
Co.
Power
(quar.)--,
3-15
25c
Ltd.
Corp.,
Miils
Electric
3-11
Show,
Cotton
Western
3-
(quar.)
Works, 7%
Edmonton
Hi
California
common
2-28
$1.75
(quar.)*.
(quar.)___
California
30c
America
Co.
2-15
(quar.i
of
M.)
2-11
1-28
Inc.
30c
1-31
$1
California
t I2V2C
Barlow
2-14
2-10
2-18
Calgary
2-28
2-11
Extra
Barium
—-
7%. preferred
Co.,
Radio
Barber-Ellis
2-2
3-14*
2-21
2- 4>
3-19
2-28
3-15
2-11
(quar.)
preferred
2-9
3-15
2
Ltd.,
7
3-10
2-15
1
(quar.)____
7
10-
25c
1
3-15
(quar.).
4-28
$1.12 '/a
(quar.)
preferred
3-
Inc.
preferred
3- 1
;
(A.
7%
Co.,
$1.50
___________
Hydro-Electric,
47'
7 '}•
*
(quar.)
American
T.),
preferred
20c
*
Byers
3-
3-
common
Co,
Building
(quar.)—
Quarterly
IE.
2-18
3- 2
1
3-15
1
Co.,
Products,
Locomotive
Base
87%c
$1
25c
Water
7-
10-28
5%
—
dividend)
pfd.
7
7-28
730c
20c
(stock
Co.
25c
Corporation, common (quar.)
prior preferred ' (quar.)
Bangor
2-18
750c
$1.25
Butler
_______
D.
6V0
3-10
Corp
Board Co.
V.
Baltimore
50c
Inc
Canteen
Baldwin
3-1
3-18
3-1
4- 1
3-15
3- 4
4- 1
3- 1
2-28
1
1
1
Balfour
,
American Automobile Insurance (Hartford)—
American Box
Babbitt
2-17'
Co
Arch
4Mi'ty
2-15
2-10
2-15
3-15
20c
15c
3-
Mills (monthly)
Collieries Corp. (quar.)
Ayshire
B.
3- 5
3- 1
3-1
(quar.)
Aggregates
American
2-19
3-10
2-25
3- 1
4- 1
3-11
4-20
725c
3-15
Brothers, 4%%
4-
730c
Terminal
3-
preferred
730c
quarterly
Burton-Dixie Corp.
(quar.)
3-
preferred C
Service
;
7
Increased
3-
Avondale
2-28
81 ','4c
lpc
12VaC
American Airlines,
American
3-15
9-15
—
Aggregates, 5% pid. (quar.)
3l/a% pfd. (quar.i
American
4- 1
10- 1
3-10
3- 1
3-15
50c
(quar.)
Allied
Avon
2-18
o* 3"
(quar.)
Mfg. Co
Goods
3-15
Ltd.—
Canada,
of
Aluminum
Aluminium,
Electric
A
4-15
'
;__
—
Quarterly
;
Burroughs Adding Machine Co.—
$1.50
convertible
B
7
7
(quar.)__
Butler
(quar.)
7
4-
$1.75
preferred
4-
4-28
(quar.)
convertible
A
3-15
1-31
2-15
1
4-28
730c
B
Bush
Ltd.____
•
7
3-10
(quar.)
3
7-
2-8
Co.:
3
10-
Quarterly
Quarterly
Company-*-
series
730c
40c
(quar.)___
Mines,
3-1
4-1
3-2j
3- 1
3-15
,
2-
7-28
Class
9-15
1
1
10-28
30c
(quar.)___
Corp.
Co.
3-15
6-15
3-15
$1
3
3-
3
730c
1
RR
Co.,
preferred
Gold
Autocar
2-14
(quar.)
preferred
Co.
A
Powder
Aunor
2-1
(quar.)
Line
(quar.)
30c
.___
2-
730c
Ry.
Fe
2-
1
Quarterly
25c
(quar.)—_—
2-
1
3-
$1
1
3.
Company—
A
3-1
—
3-
Vac
87%c
Quarterly
3-31
4-
&
Class
40c
(quar.)__
common
(quar.)
Light
Tack
Atlas
3- 1
3-31
Cast Steel Co. (extra 1
—
Aites Browing Co.
(quar.)
Aluminum Co. ol America, common
$3.75
2-24
2-26
$1
Alloy
Aluminum
Coast
Series
35c
40c
—
(quar.)
common
preferred
convertible
3% %
(quar.)—
Co.,
Mfg.
Aliis-Chnlmers
(quar.)
common
(quar.)—_——-—"
preferred
(Louisl
(quar.)
iqunr.)_
Inc.
Stores
4c/i
Allis
3-15
3-15
Atlas
87%c
—
Laboratories,
Allied
2-24
37%c
25c
25c
25c
*°c
75c
—
(increased 1
5%'' preferred (quar.)
Cement
Finance
Aliied
Burns
7- 1
10-1
'
87
Holder.1
Payable of Rec.
37 Vac
(quar.)
(quar.)
preferred (quar.)
93%c
Refining Co. (quar.)
Brewing Co.
(irreg.)
Imperial Diesel Engine
Atlas
4- 1
30c
(initial)
(initial)
common
preferred
prior
S3.50
Allied
Corp.,
1-31
4- 1
$1.50
,
^—
Atlantic
$2.50
$2.50
(s-a)
Gas
1-31
2nd preferred
conv.
When
Share
$1
Goods,
preferred
50c
1—
(s-ai
preferred
Aloha
3-10
2-21
2-21
3-15
3-15
(quar.)
Co.
preferred
Automatic
5%
2-15
1
—
(quar.)
preferred
Gas
Class
......
•
5%
Alabama
4%
3- X
62 %c
$1.12%
(quar.)
common
Topeka & Santa
Atlanta
(s-a)
Extra
2nd
Atlantic
RR. Co.—
Youngstown
&
1st
5%
_——
preferred
Surpass
Aguew
Akron
3-1
3-1
Inc.—
(initiali
Common
$3
3Va%
2-10
3-
15c
(quar.)
Dry
6%
Atchison
4- 1
3-15
3-i2
3-30
(quar.)—
—
Associated
3-1
4-1
4-1
Co.,
Carpet
4Va%
(quar.)
Co.
(J.
Adams
Aetna
Ltd.—
(quar.)
preferential
partic.
preferred
5%
Holdert
Payable of Rec.
4-1
pfd.
6%
preferred
Cork
preferred
7%
t25c
(initial)
$2.50
Class
2-10
,
3-15
$1.25
$1.25
$1.25
...
(quar.)
Ashland Oil & Refining, common (quar.)
$1.20 convertible preferred
(quar.)
Aspinook Corp. (initial)
Paper Co., Ltd.—
&
Power
$1.50
;
Company, (111.)
preferred
Artloom
preceding table.
of Company ~
Gas,
convertible
$3.75
give the dividends announced in previoui
common
2-10
1
1
Company
Burlington Mills Corp. common
3'/a%
preferred (quar.)
>
Corp., com. (increased)
preferred (quar.)
Armour
weeks and not yet
New
1
3-
$$1.12%
(quar.)__.
Steel
4%%
$6
Abitibi
33-
Co '
(quar.)
$5 preferred (quar.)
$5 preferred (quar.)..
Armstrong
Name
Per
Name of
2-11
75c
20c
preferred
1
74c
—-
Edison
3-
25c
Mines, Ltd.____.
Youngstown Steel Door Co.
(quar.i
Zeigler Coal & Coke
we
1
6%c
$15c
Monday, February 21, 1949
Holdert
3-
25c
!___
:
.__
Corp., Ltd., common
4Va% convertible preference
3-
35c
(quar.»___.
_.
Wright-Hargreaves
Below
7
(quar.)
Argus
Insurance Co.—
National Life
When
Payable of Rec.
50c
common
participating preferred
Participating
Argo Oil Corp, (quar.)
5
4-
4-15
10c
1—.
preferred
7%
Hirsch,
Co.,
(increased)
$3
2-15
1
20c
Candle
725c
Increased
2-
Farms
Co.
'
Ltd.
Wisconsin
2-25
$3
*
Corp.
Winter
3-15
2-25
3-15
25C
CHRONICLE
Share
Arden
1
3-15
15C
—
pfd.
conv.
Giocers,
Baumcr
&
Wilsil,
6%
(quar.)
of Company
Archer-Daniels-Midland
725c
Ltd.
FINANCIAL
Per
Name
3-15
1
7.50c
)■;
Special
Products,
Westeel
&
Holdert
Payable of Rec.
25c
—_
COMMERCIAL
3-2-2-7
Class
25c
3-2
2-7
Class
50c
3-
1
2-10
A
B
Columbian
$3.50
common
Co.
1-25
$■
3-
1
3-
1
3-
1
2-18
45c
3-
1
2-15
(quar.)
25c
3-
1
(quar.)
37 %C
3-
1
2-15
2-18
•
2-18
2-18
!
2-
7
35c
(quar.)
3-
4
35c
reduced)
Carbon
3-15
,
System,—
(reduced 1
1
50c
62,%c>
(quar.)
preferred
2-21
2-25
62%c_
Elevator
&
Broadcasting
(quar.)
3-31
50c
Power
5
(quar.)__
87 %C
+$7
pfd.
3-
4
2-18
50c
3-1U
% 2-15
Volume
Share
■■■
Commercial
Shearing & Stamping
Ltd.
Commoil,
Telephone.
Public
Confederation
Life
pfd.
$5
Service
(quar.)—
Co
Association
(Toronto)
Power, 6% ' pfd. (quar.)—
40c preferred (quar.)
Congoleum-Nairn,
Light
Connecticut
Power
Consolidated
(quar.)
Inc.
Connecticut
&
i.
37Vac
—
Co
Power
Co.
75c
:
56Vic
(quar.)
Chemical
Industries,
Coal
Co.
Consolidated Edison
Consolidated
Gas
(irreg.)
(N.
Co.
Utilities
Consolidated
Laundries
Consolidated
Paper
Y.)
(quar.)
Co.
(quar.)
Consolidated Textile
Mills, Ltd.—
New common
(initial)
New
$1
preferred
(initial)
(s-a)
Consolidated
Theaters Ltd.
Consolidated
Water
Glass
Consumers
$4.50
Container
&
Ltd.
Continental Assurance Co.
$3.75
Can
Co.,
(Chicago)
preferred
(quar.) ___________
Continental Casualty Co. (Chicago)—r
Cook
;
Motors
Cornell
Coro,
2-25
2-28
Varnish
k
Co.,
Wood
Inc.
Products
Common
Federal-Mogul
2-11
Creole
25c
3-1
75c
3-
$15c
Cribben
Crown
$2
Cork
Seal
k
preferred
Crown
k
k
Forster
1','o
Cuban
7%
1
3-
1
6 '/<,
Fishman
1
Fitz
2-21
1
2-15
2-28
2-11
$4
3-15
tl-18
Florida
$1
3-1
2-14
1
2-14
preferred
$2
(quar.)
3-31
3-15
2-28
2-14
$1.05
3-
4-
1
Class
$1.75
7-
1
preferred (quar.)___
Cuban Atlantic Sugar, common
5 '/o
preferred
(quar.)______
$1.75
9-30
4-11
3-17
1
3-17
5 '/o
preferred
(quar.)
Clothing
4Va %
50c
$1.25
$1.25
:
(quar.)
;vf 4V2'X'
preferred (quar.)_
Publishing Co., $7 pfd.
prior preferred (quar.)
Curtis
$4
Cushman's
Sons,
Dahlstrom
Metallic
Davis Leather
Class
Del
A
preferred
Monte
Deep
Oil
(quar.)
Co.
7%
preferred
Harvester
Stock
Yard
Co.,
(quar.)
3-21
participating
•
6'/o
Disston
Portland
(Henryi
Distillers
Co.,
American
Distillers
Dixie
3-23
3-
3-
4-
1
4-
7-
1
Class
Sens, Inc.
3-1
deposit
rets,
ordinary
1
Ltd,
(interim)
3-
1
2-
•
3-4
3-
3
Co.
(quar.)
Fields Co.—
4-
1
1
2-15
3-
1
2-15
15c
3-
1
25c
2-28
25c
3-31
Co., Ltd.
Donnacona
Donohue
Dow
Bros.,
$3.25
$4
2nd
Drug
7%
5-2
3-1
$50c
4-1
3-1
(quar.)
J25c
3-
25c
4-15
8IV/4C
4-15
$1
4-15
(s-a)
(quar.)
15c
(quar.)
$1.75
k
Extra
Durez
Eagle
preferred
Electric
Inc.,
——
Plastics
Picher
Co.
3-22
3-10
2-18
4-
1
3-18
3-10
2-28
2-21
2-11
20c
tquar.)
Chemical
Co.
1
(quar.)
3-15
(quar.)
2-73
45c
Cr/o
T/o
East
preferred
preferred
Eastern
(quar.)
preferred
A
A
(quar.)
6%
preferred
preferred
A
(quar.)__
(quar.)
6r/o
6%
6%
preferred B
(accum.)
preferred B (accum.;
preferred B (accum.)
Eastern States Corp.
$7
2-11
1
2-ll
3-
1
2-21
$1.50
3-15
$1.50
6-15
$1.50
!
9-15
3-
$1.50
12-15
1
6,
'
1
12-
1
$1.50
2
8-
1
7-15
$1.50
'
5-
$1.50
li-
1
10-14
4-15
A
(accum.)
B
(accum.)
Eastern Steel Products, Ltd.
Eastern Sugar Associates, $5
'
(quar.)
pfd. (accum. 1
Eaton Manufacturing
Co., new com. (initial)
4-
1
3-4
4-
1
3-4
$15c
3-
1
2-15
Company,
Hoover
4-
1
3-15
Horn
6-15
Co.,
Houston
Howard
3-
1
2-15
Howe
Plan
3-
1
2-16
Howe
Sound
3-
1
2-16
Hudson
Bay
3-
1
2-14
Hudson
3-
1
3-
3-31
3-15
Humble
Hunt
__
(H.
W.)
k
3-15
2-14
1
2-14
American
5-
4-11
&
Tea
;
Northern
Railway Co.
Co., Ltd
Co.
Assurance
Mobile
Ohio
&
$5
preferred
Gu'r
States
$4.40
dividend)
2-12
3-14
3-
5
2-11
'
10c ''
&
2-
3-
1
2-
4
3-
1
2-
4
4
3-10
2-8
2-15
25c
Inc.
2-15
3-
2-18
45c
1
2-15
2-21
1-25
$3
3-
1
2-
3-
1
2-18
$37VaC
3-
1
2-18
3-
1
2-14
3-
30c
—
A
2-28
+25c
-
(quar.)
(quar.)
2-28
3 7 Vac
(quar.)_
2-28
12'/aC
partic, preferred
Water,
1
12 Vac
(quar.)
common
57e
Gas
3-
$1
(quar.)
3-17
3-11
20c
(quar.)
8
1
2-10
4-1
3-10
4-
1
3-10
2-21
'
preferred
preferred
B
(quar.)
(quar.)
A
$1.06'A
$1.25
^____
__
3-15
Rayon Corp.
(quar.)__
Silica Corp.—
preferred
(accum.)
Ingersoll-Rand Co. (quar.)
75c
3-10
16C
3-10
75c
3-
1
2-7
50c
3-
1
2-11
6Va%
2-17
2-25
Steel
Co.—
Institutional
Stock
v,
Bond
Securities
2-21
1
3-15
International
Cigar
1
3-15
International
Harvester
preferred
2-15
3-19
3-
1
International
3-
1
International
Paper
4-1
3-
2*
4-
3-
2*
$4 preferred
Products
International
Silver
3-
1
2-15
International
Utilities
3-
1
2-15
Interstate
3-15
2-15
Inter type
8-15
2-15
Investment
tl2V2c
3-15
2-15
3-14
35c
3-1
$2
3-
9-1.4
-2-
4
Certificates
Investors
2-25
t25c
3-15
2-15
2-25
2-10
Iowa
2-25
2-
Jaeger
3-15
2-21
Jantzen
2-21
2-10
Jewel
$1.75
Y.)
2-21
2-10
3-
1
2-21
3-21
2-23
Jahn
—
of
America
50c
(irreg.)
$1
:
$50c
(increased).
Tea
Co.,
k
preferred
A
3-
3-
2-21
1
1
2-21
1-31
5-
1
4-18
5-
1
4-18
8-
37'/a C
(quar.)
1
7-19
25c
8-
1
7-19
25c
3-
1
2-15
3-10
2-24
10c
3-
2-10
1
Johnson
&
30c
3-21
3-11
Kalamazoo
4-
1
3-1
4-1
3-9
4-1
3-9
Kawneer
4-
3-17
Kayser
Corp.,
2-25
3-
2
4-18
4-
5
2-18
1
$1.25
!_
(quar.)
3-
3-11
2-25
3-10
2-25
15c
1
quar.)
4-1
25c
80c
T
(increased
4
Parchment
—
Company
Co.
&
<quar.)____
Kendall
Company common
$4.50 preferred (quar.)
tquar.)
3-2
3-1
2-14
3-1
2-14
3-31
3-15
3-
25c
(quar.)
(quar.)
3-12
$1
25c
Co.
95c
25c
Vegetable
(Julius)
3-1
3-21
65c
common
City Power & Light, 4c/o pfd.
3.80%
preferred
(quar.)
1
.
i
5-
60c
Kansas
25c
$1.25
93 %c
:
(quar.)
Joy Manufacturing Co.
$1.25
2-15
14c
Co
Laughlin Steel
Johnson
?-10
1
3-15
25c
(quar.)
1-31
3-30
3-
2
37 Vac
37y2c
(quar.)
(quar.)
com.
3-18
RR.
2-10
40c
1
1
1
10c
interest
Co
2-15
$1.25
2-11
3-
$1.38
Inc
Utilities
preferred
J5c
(quar.)
3-
1
Knitting
3%%
5%
2-23
3-21
3-
Boston—
Engraving (quar.)
Mills—
preferred A (quar.)
Jones
3-29
25c
Oilier
&
5
2-23
40c
of
Fund,
Machine
2-
2-21
25c
Corp.' (quar.)
$5.50 pfd. (quar.).
4-
:t$5
$1.06'A-
$5 preferred
Southern
5%
(quar.)_
Stock
1
3-29
$1.50
beneficial
of
3-
3-21
$1
(quar.)
Participating preferred
Participating
Participating preferred
Participating
1
7
Trust
2-18
2-28
t40c
Co..
Telephone
Corp.
3-10
3-10
$1.75
(quar.)
com.
(quar.)
International
Storage—
<N.
SI
$1
Co.,
3-14.
$1
3-14
20c
Corp
(quar.)______
Co. of Canada, Ltd.-.
3-31
$1
1-31
2-25
4-1
Co.—
Nickel
3-19
2-28
3-10
50c
(s-a)
Machinery
2-28
$1.25
(quar.)__
pfd.
International Business Machines Corp. (quar.)
1
4-
1
J
50c
4%
3-
40c
(quar.)
25c
(quar.)
Group
Reinsurance
Inter-Ocean
7%
3-
Shares, Ltd.—
and
Inter-Ocean
4-
56Vic
3-
1
2-15
4-1
3-18
$1.12 Va
3-12
1
Alabastine
of
Canada,
» -10
Kelvinator
+50c
3-21
3-
2-21
Kent-Moore
15c
3-10
2-18
2-21
Kentucky
20c
3-15
2-23
$1.183A
$1.183/4
3-
1
2-15
3-1
2-1
75c
3-
4
1
2-1
J 5c
2 25
6-1
5-1
9_
1
8_
t25c
(quar.)
3-15
j25c
•
3-15
j25c
common
6-59
39c
$1.10
t25c
&
Co.,
(quar.)
12-
1
Ltd.
Quarterly
Quarterly
Quarterly
t25c
■
j
11-1
-
V
..
-
.09
.07
__
__
Building
.12
__
.07
__
2-21
1-24
Electrical Equipment
2-25
2-
Food
Kerr-McGee Oil
Industries
convertible
$1.20
Keystone
.14
.07
__
__
Kidde
.09
__
Chemical
50c
—___
Portland
Inc.
preferred
Cement
preferred (accum.)
Keystone Steel & Wire Co.
Regular Extra Total
.09
'.—i
Co. of Canada, Ltd
Organization, Inc."
Utilities Co., common
434%
preferred (quar.)
Kern Ccunty Land Co.
(quar.)
:
Kerr-Addison Gold Mines, Ltd. (interim)
—
"
2-28
.09
2-28
2-15
.07
2-28
2-15
.12
2-28
2-15
.07
2-28
2-15
2-15
.14
2-28
2-15
.07
2-23
2-15
(Waiter)
Kingsburg
&
Oil
Corp.-,
Co.
5'/o
Kirsch
Co.,
Company,
$6
2-15
3-
1
2-15
$1.75
(quar.)
pfd.
conv.
3-15
2-28
25c
4-
1
3-14
2-20
2-10
10c
— —
iqur.r.)
3-
25c
iquar.)
3-15
1
4
25c
4-
25c
3-25
3-10
$1.25
2-25
2-10
3-15
3-
4-
3-22
non^cum. pfd.
(quar.)_
$1.50
preferred.
(quar.)_
37 Vac
$1.50
1-31
1
Co.—
Kinney (G. R.) Co., common (quar.)
$5 prior preferred (quar.)—,———:
Kinney Mfg.
2-15
3-
30c
tquar.)
Company—.
Cotlon
King-Seeley
5
6V4C
(quar.)
com.
$7
Securities, Inc.—
Aviation
2-1J
3-15
S$1
(irreg.)
Co.
4-
2%
____
Class
Inc.,
$1.25
Extra
Group
1
2-21
5%
Refining
4Va.%
$1.25
Utilities
Lime
3-
Smelting, .Ltd
Co, (quar.)__
Indiana
3-22
________
preferred
Quarterly
2-11
k
Indianapolis Water, Common class
4-1
preferred
$5
1
4c
2-21
$3
(quar.)
Guantanarno Sugar Co.,
Gulf,
9
2-19
3-
50C
5-10
6-29
Greenfield Tap k Die Corp.
(quar.)
Greening IB.) Wire Co., Ltd._;
Greyhound Corp.. common (quar.)
preferred
1
3-10
37V2C
$ 1.06 V4
5-10
i25r
Co.
2-
55c
3-11
6-29
(s-a)___
Coal
3-
$1.25
5-25
6-29
________
Paper
4Vz'/o
&
JOc
Co.
3-21
dividend
convertible
25c
Northern
West
Car
preferred
$4
Pacific
8
3-30
(quar.)
common
5-25
7-15
(quar.)
(year-end)
preferred
(quar.)
West Life
Mining
25c
Co.
3-
—
Idaho Power Co., common (quar.)
Illinois Central RR,, 6'/<> prelerred
Imperial .Varnish & Color, Ltd;,^ common;
4-11
2-18
2-21
7-15
_
Indemnity
3-21
$1.12 Vi
1
Y.)
preferred A (quar.)—
Hydraulic Press Mfg., 6 '/o preferred
10c
Co.
2
25c
5%
7-15
__!
Union
2
3-
3-29
(quar.)
50c
Cold
2-
3-29
Industrial
(quar.)___
&
2-23
2-25
Inc.
Co.
Foods,
5%
2-17
$2
Warehouse
2-23
30c
Industrial
Caecum.)
Company, Ltd. class A
Trunk
2-18
10c
3-10
t$2.50
Y.)
3-
Inland
class A
_
(N.
2-15
$1.12V2
(quar.)
Fund,
Oil
3-18
(quar.)
Company
Bank
Corp.
preferred
Stock
7
3-
37V2C
B
1
1
1
Lighting & Power Co
Stores
2-10*
(quar.)
preferred (quar.)
Mackay Stores, Ltd.,
3-
•5.3-
2-28
2-15
3-16
(N.
$1.50
preferred
2-18
3-31
3-15
(quar.)____
Motor
25c
pfd.
2-18
1
15c
(quar.)
iquar.)
Co.
preferred
9-15
3-31
$1
National
5%
I
1
(quar.)
4%
4-19
1
3-
25c
tquar.)
A
common
preferred
Hardart
&
4-15
Ltd.
pfd.
(stock
pfd.
Ltd.,
convertible
Company,
1
common
convertible
$1.25
8
2-18
4-
—____:
Automobile
Sl.75
$1.50
1
preferred
conv.
3-
(quar.)
(quar.)
Agricultural
(Maryland)—
preferred
$6 preferred
3-
,25c
1
9-
$4.50
84.%c
(quar.)
common
Corp.
Harvteicr
Gypsum
(quar.)
preferred
A
1
3.
50c
Ry.—
G%
6%
"6c/«
3-
$1.75
Corp.
$5
3-15
3-
50c
(quar.)
$1
.
$6
2-18
2-15
1
4-29
,,
50c
Co., common (quar.)
75c
(quar.)
Great
18
$1.50
,.
Co.,
Great
.
Coal_____
Massachusetts
2
2-15
(quar.)___
Great
••
(quar.)_
Sugar Loaf
3-l<
1
1
3-25
1
$1.06'A
$1.25
Corp.,
Castings,
State
Great
1-28
4-
East St. Louis k Intcrurban Water Co.—
,
Steel
Waterworks
7%
1-28
2-15
$1.12Vi
—
k
2-15
3-
$1.75
2-26
3-
2-25
$1.50
25c
(s-a)
3-10
25c
25c
2-11
$1.50
Common
3.31
30c
(quar.)
1
3-4
J50c
Great Atlantic
2-18
25c
common
(quar.)
Mfg.
1
$1
preferred
Bradstrcet,
4% %
Duncan
1
Hooker Electrochemical
:
C
2-18
25c
_—
$1.25
Quarterly
1
4.
50c
(quar.)
Dun
4-
;
2-11
2
1
20c
4
2
3-
25c
_Cb.
Company
3-
5-
2-18
31c
—
3-24
2-28
2-15
2-17
1
50c
—j—
Co
2-11
$1.75
common
_ _ _
(quar.)____
2-11
3-
3-1
3-
:
—
(quar.)
common
1
J50c
Power
Great
__
4
25c
3-11*
3-15
________
3-4
20c
2-15*
25c
(reduced quar.)
(monthly)
1
b—
4-
2
2-18
1
1
&
10c
(s-a)
Mfg.
Irregular
1
10c
(quar.)
Dravo
4%
4.
4-
25c
Drackett Company, common
4% preferred A (quar.)
Corp.,
3-
1
(Henry)
E.)
3-
2-25
4-
87 lac
com.
Paper
2-16
2-16
30c
—
3-
$1.25
(s-a)
preferred
Grand
(Charles
75c
B
2-15
common
Ltd.
Dauch
k
1
1
1
V 25c
(qdar.)
B
(quar.)
Corp.,
3-
33-
25c
(quar.)
preferred
conv.
31V4C
A
Grand
4-1
4-1
common
preferred
2-15
Ltd.—
(quar.)
(quar.)
A
3-15
Hotels
4%
$$1
Equipment
Products
Class
Hilton
1
4V4%
(quar.)
preferred
Precision
preferred
Grace
2-19
50c
(quar.)____
Gossard
2-18
75c
Mills, Inc., 3%% conv. pfd.
Outdoor
Advertising Co.,
Gordon
B
3-15
25c
Co.,. Inc.
$1 non-cum. class A (quar.)
Honolulu Oil Corp.
(irreg.) _s
Honolulu Rapid Transit, 6% pfd.
25c
6
30c
;___—
37V2C
(increased)
2-10
1
15c
__________
pfd.
Q(/o
$2.75
(reduced)
4-
3-
2Va%
50c
common
75c
tquar.)»w~
2-15
4-20
40c
$25c
(s-r.)
2-10
(quar.)_
(quar.)
Co.,
Spencer & Bartlett
Monthlyi
Monthly
Holt
tquar.)
pia.
preferred
$5
Inc.
prefered
3-14
_.
2-15
1
(quar.)_
Hlbbard
4-1
(quar.)
Grafton
preferred
Co.,
2-15
1
$25c
Co.,
Co.,
preferred
Dow
3-
j:25c
Ltd.
Chemical
1-31
$37Vic
(quar.)
Paper
2-25
$62 Vic
iquar.)
preference
1-31
3-
Ltd.—
5% preferred (accum.)
Dominion Stores, Ltd. (quar.)
Dominion Tar k Chemical Co.,
$1
2-15
2-25
j$i
Investment,
1
$30c
_______
Dominion-Scottish
Common
$$1.25
1
5
2
3-
(quar.)
common
Products,
Chemical
t/o". preferred A
5'/o
2-15*
3-
3-
50c
common
$1.50
preferred
Heywood-Wakefield Co.
2-15*
3-
Co.
Company,
Hewitt-Robins,
2-15
Gooriall-Sanford, Inc., common (quar.)____
4%
preferred (quar.)
Goodyear Tire & Rubber Co., com. (quar.)_
Ltd.—
(quar.)
3 Va
1
1
(quar.)
Chemical
$1
preferred
Golden
2-15
1
93%c
Fireproofing Co,,
4'/aVc
Dominion k Anglo Investment Corp.,
5% preferred (quar,)_.___—
A
convertible
Glidden
3-10
1.
2-15
3-
(stock dividend)—
share for each share held
a
Steel
Heyden
Hires
(quar.)__
Co.
Extra
3-17
Dominion Bridge
Extra
Pfd.
Corp.—
preferred
2-17
Common
:
4
3-14
(quar.)
Rubber
Gerity-Michigan
2-17
Common
Dominguez Oil
4
3-
2-15
3-
1
$1.06 V'4
(quar.)
25c
common
Finance
Gleaner
of
Hercules
3-
1
3-
2-15
3-
25c
Bakeries, Inc. (quar.)
Hawaiian Pineapple Co., Ltd.
Hazel-Atlas Glass Co. <quar.)__
3-15
3-
1
50c
Hathaway
1
4-1
class A___
common
&
General
3-10
3-
10c
5
3-
3-15
2-15
3-
(quar.)__
convertible
$2
Hinde
(quar.)
Georgia
3-10
3-
2-24
1
Harbor Plywood Corp.
3-10
3-22
3-
25c
preferred
2-10
Batteries, Inc
$6
3-25
3-15
50c
(quar.)
2-24
3-15
$1
A
2-18
'
B
6%
1
<quar.)_
Dry
General
3-
25c
(quar.)
(quar.)
California, cl.
<M. A.) Co., $4.25 pfd.
Harbison-Walker
Refractories,
10-20
3-10
of
Hanna
Franklin)
preferred
Tire
5%
2-25
15c
Corp.
Corp.,
preierreu
Class
12-22
3-25
1
Co.
$15
Simon
Supply,
preferred
Class
2-18
3-15.
(See
Motors
General
1
62Vic
quar.)—V.
Inc. (quar.)
Houses,
i
Pepper
f25c
25c
Additional
Dr.
3-
11-
(quar.)
common
preferred
Extra
3-
Cigar Co., common.—
preferred (quar.)_,
General
2-6-50
3-10
Class
7-20
1
Builders
5%
8-' 9
3-1-50
1
Ltd.
common
Extra
3-16
8-
Oil
Co.,
Co.,
convertible
Hancock
4-20
7-
convertible
General
2-8
1
1
5-1
10-
America
General
7
9-
4-
$1.12V2
preferred
7%
1
2-1
7%%
(quar.)_____
(quar.)
common
2-14
1
37Vic
common
5%
2-14
3-15
75c
3-
4 Vo
3-
(quar.)__
4%
Ltd.—
Corp.-Seagrams,
A
(quar.)_______
2-7
37V2C
Co.
General
7-1
20c
Watch
2-25
3-1
3-15
Co.
General
1
75c
(s-a)
(quar.)
Hamilton
8-11
(quar )
General
9
75c
;
2-10
(quar.)
Sixth
West
Co.,
$5
2-14.
1
75c
(s-a)
preferred
Cement
&
Cup Co.,
Dobbs
(s-a)
preferred
participating
Diamond
•
preferred
participating
1
preferred
preferred
General
•
6%
3-
4V-i'/o
Trailer
$3.75
2-28
3-
Cotton,
X22 %c
i22Vsc
40c
i
Simon
7%
2-21
37'2c
Hamilton
25c
General
2-13
1
25c
:
common
2-15
Paper
$25c
Sulphur
General
2-15
3-
60c
(quar.)..
Co.____
Match
1
2-20
$1.75
iquar.)
Union
3-
prior
5'/t>
2-8
$1.75
_
Diamond
3-1
18c
common
1
(quar.)
General
2-15
50c
;
Y.,
3-
Corp.
General
2-8
si
Corp
Supply Co. of N.
preferred iquar.)
3-11
3-11
preferred
(quar.)
Gair Co. of Canada, Ltd., 4
2-15
1
3-1
prior
prior
4 </a
2-15
50c
_____
1
1
25c
Bridge Works tquar.)
Wayne & Jackson RR., 5%
Frueliauf
2-1
3-1
3-
44-
$1.25
i
,
Freeport
2-1
1
15c
(quar.)
(quar.)
1'U
Detroit
1
35c
RR.
Dentists'
Denver
3-
25c
Products.
Hudson
3-l>
35c
Brook
Bound
Rock
IV,.
3-
$ 1.12 ,/a
$1.06 V*
50c
_____
Franklin
2-15
93%c
(quar.)
(quar.)
Floor
Delaware .&
3-
B
6%
2-15
93%c
(quar.)
Profpertics
&
Delaware
3- .1
45c
(quar.)
(quar.)
50c
(quar.)
3-10
preferred
preferred
$2.50
preferred
A
25c
4Va ','0
$1
class
2-15
4V'4%
Hammermill
3-21
$25c
$3
1
3-19
$1.12'/a
(quar.)
Canada, Ltd.,
3-
2-15
$1
!
Inc.,
of
2-15
t7c
$25c
Co.
1
1
Hart-Carter
Company
Wallace,
2-14
3-
1
Harshaw
.___._i.__
Light Co., 4 V2 '/o
Co., class A
2-15
1
25c
(quar.)
Ltd
3-
4-
$20c
k
2-15
2-28
75c
(quar.)
Mines,
2-17
Ltd._
common
2-28
2-15
4-
12 V2C
6%
3-4
t37%c
(quar.)
(quar. 1
common
Delaware
4-1
15c
Hallnor
.06
.03
2-28
2- 1
25c
Four-Twelve
4
$1.75
(quar.)
common....
B
Company,
k
3-
75c
pfd.
11-15
Baltimore-—
at
(quar.)
Shoe
k
6%
9-15
1
$17.%c
Light,
preferred
3%'-e ."preferred
T/o
10-1
4-
1
2-15
Stores
2-28
(quar.)
Connell Dredge k Dock Co.—
Foster-Wheeler
6-16
$1.75
12-
Bros.
3-10
Pitt
Fort
6-15
(accurn.)
Ltd., class A
&
H.)
Company,
Motor
Fort
3-15
Dcor_________—___;—
Co.,
Power
334%
.
Deere
7'/o
1
1
7-1
B< quar.
Dayton
-
Inc.,
7-
4-
$1.12%
(quar.)
$1.12%
$1.12%
pfd.
preferred
4-
Hale
35c
Canada,
Extra
9-16
._•_
8-15
3-1
Extra
6-17
(quar.)_
1
2-15
2-28
.03
Corp.
40c
B
Forbes
3-18
i
(M.
Power
Class
-
9-
$2.50
Florsheim
Sugar
$1.75
Curlee
cf
preferred
Ford
7%
Hajoca
2-28
.08
.06
Utilities
5-13
31'Ac
(quar.)
& Dyeing Co. (quar.)
___________________
Flintkote
Corp.—
preferred (quar.)
preferred (quar.)___
7%
Tobacco
2-11
1
.08
.09
.08
....
l/40th
(quar.)
of America
Simons i:
$1.75
-
2-15
1
50c
B
3-10
,
v
.08
.09
Steel
6-
50c
Rubber, 4%% pfd. (quar.)
First Bank Stock Corp. (increased s-a)
Firth Carpet Co., common (quar.)
5 r/o
preferred
(quar.)__
V__
2-11
3-
A
50c
(quar.),
2-21
1
3-
$2.50
Quarterly
preferred
Slock
2-15
50c
Co.
Class
2-11
3-15
3-
Equipment
3-
1
Co.
Firestone Tire &
25c
(quar.)
American
3-
75c
common
Securities
preferred
Insurance
;
Products
Class
1
2-10
28Vbc
(quar.)
Forster,
Crum
2-
,
3-17
93%c
(quar.)
Co.,
$4
preferred
Cruni
Finance
2-28
(quar.)
Zellerbnch,
$4.20
Fibre
2-15
Co.—
preferred
conv,
2-11
2-15
t$1.25
Railroad
Railroad
2-18
1
3-15
3-
■
Quarterly
Enterprises, Inc.—
2-11
3-31
+37VaC
.
,
2-15
Federal
Ltd.—
_____
2-15
3-15
25c
___
Sexton
k
4Vu%
'
2-15
2-28
2-28
3-31
1
2-15
2-28
.10
37VaC
3- 1
25c
3%% preferred (quar.)—
Corp. (reduced)
Petroleum
3
2-28
.08
.03
Fanny
Corp.
.09
.08
.10
3-11
2-21
preferred
2-15
.09
.03
2-10
conv.
2-28
Bond
2-25
$1.25
.09
Petroleum
37%c
Quarterly
Quarterly
Quarterly
.09
2-15
3-15
50c
Life
2-15
1
50c
Co
Traders
2-28
4-
$1
Brewing Corp. (quar.)
Faimer Candy Shops (quar.)_____—
&
.10
Merchandising
Mining
Falstaff
Farmers
2-15
.10
Co.
2-11°
25c
(quar.)
Fenton United Cleaning
Ferro Enamel Corp
(quar.)
______
Sugar
2-28
3-
25c
Co.
.09
50c
___;
&
.09
Bond
25c
(irreg.)
—
Fairbanks-Morse
2-15
2-28
1
3-11
$1.50
—
(quar.)
Company,
C.)
2-15
2-28
.12
3-
$1.25
(N.
2-28
.10
.12
3-21
3-
3"
.10
.01
.09
—
Machinery
Priced
$1.25
Extra
2-1
3-
2-18
$50c
:
Co.
3-1
31'Ac
__
Low
2-25
$1.25
Eversharp, Inc., 5% preferred (quar.)
Coe & Gregg, Inc., common (quar.)_
(The)
Investing
3-17
$1.25
(quar.)
(quar.)__
2-15
:
(increased)
5<!o} preferred
Crane
A
1
(quar.)—___
(quar.)
preferred
1
Coronet
Phosphate Co.__
Corrugated Paper Eox Co.,
$5
Fa jar do
Institutional
3-18
2-21
28c
Canada
of
A
(quar.)
3-
____—
A
A
4-
(quar.)—
common
class
preferred
Fair
1
$1.25
(qurr.)_
Mills
4-
.10
Bond
Railroad
Faber,
2-1
2- 9
1-28
2- 7
2-21
4- 1
4- 1
3- 1
3-31
3-15
10c
(quar.)
Company, Ltd.,
A
Cotton
Industrial
Fully Administered
.
Holdert
Payable of Rec.
Regular Extra Total
—
50c
tquar.)_
com.
Co.
pfd.
preferred
3-15
2-25*
3-15*
(resumed)
prior preferred
.
2-18
(Cont.)
Inc.
15c
.
$5
5-16
3-1
$5
General
7
$1
Co.,
Insurance
Co.,
2-15
3-15
3-
When
Share
47
25c
tquar.)
(quar.)
$5
2-15
1
_
Paint
$3
Cooksville
1
Life
Railroad
Erie
2-25
3-25
5^
(resumed)
Electric
preferred
Equitable
Securities,
Group
40c
—
quarterly
Continental Copper & Steel Industries-—
5 r/o
preferred
(initial
quar.)
Continental
District
5 ','0
2-15
of Company
$1.25
Co.__—
1
50c
(quar.)
(interim)—
Increased
Mfg.
50c
$1.12V2
$1.13
$1
30c
25c
933Ac
(quar.)——
common
3-
6-
J13c
Co
(quar.)
preferred
3- 1
3- 1
40c
t37V2c
(quar.)_
Paper
&
guaranteed
Empire
Erwin
(quar.)___
4 %
3-15
t50c
(quar.)
Corp.,
Continental
A
3- 1
3-15
J15c
(reduced)
Co., common
preferred
preferred
$4.52
Power
Co.,
Power
class
3-31
25c
25c
(quar.)
Controller
_.
4-15
3-10
2-15
2-11
2-23
2-15
2-18
Per
Name
25c
Elgin National Watch (quar.)
Ely & Walker Dry Goods Co., common
8% preferred (quar.)
Empire & Bay State Telegraph Co.—
3-4
Holdert
3-15
y
21c
Co
Corp.
Electronraster,
Inc.
2-15
£-2
40c
15c
;—
Corp.
Boat
Electrolux
4r/o
37V2C
50c
$1
When
(843)
Payable of Rec.
21c
Monthly
Electric
Inc.—
>$1.50 class A participating preference _
Consolidated Cigar Corp. (quar.i
—
Consolidated
,
$25c
(quar.)
3-20
3- 1
3- 1
4- 1
3-15
4-1
3- 1
CHRONICLE
Share
3-10
2-15
3-15
$1.50
10c
River
of Company
Eddy Paper Co., Ltd., class A
Edgewater Steel (monthly)—
Electric
t$1.50
Connohio, Inc.,
Consumers
3- 1
3-15
/
—
Quarterly
Connecticut
3-10
2-11
2-15
2-25
3-25
2-25
$1.25
50c
-
Commonwealth
Community
FINANCIAL
Per
Name
Payable of Rec.
25c
I'/aC
&
Holdert
When
Per
Name of Company
COMMERCIAL
THE
Number 4779
169
1
1
3-15
1
;
48
of
Certificates
6%
La
Steel
La
S.
of
Lake
3-15
Mosinee
2-15
Motor
3-17
Motor
2-26
2-14
15c
3-14
2-25
Mullins
35c
$40c
t$1.75
tl8c
35c
2-28
2-10
Murray
(quar.)
Co.
preferred
Shore
(quar.)
com.
(quar.)___,
(quar.)
___
Mines, Ltd.
Lakey Foundry & Machine Co. (irreg.).
Lamston
(M. H.), Inc., com. (quar.)—_—
preferred (s-a)
Bryant (quar.)
Lane-Wells Co.
(quar.)
Fabrics,
Lee
&
Lee
(H.
(quar.)—_____
Ltd
(R. G.), $4 pfd. (quar.)
Tourneau
Lea
___
Inc.!
Co
Cady
(James)
Sons
&
Portland
Lehigh
Co.
Savers
Liggett &
Link
Tobacco Co.
(quar.)
1
:
Miami RR.
(quar.)
Corp., common (quar.)
preferred (quar.)
Groceterias, Inc. (quar.)
Groceterias, Ltd., class A (quar.)—
Loblaw
Loblaw
Class
(quar.)___
B
Joint
Co.,
Pipe
Common
8%
(monthly)
common
___
(quar.)
8% preferred (quar.)
8% preferred (quar.)
8% preferred (quar.)_
Loew's, Inc.
(quar.)
.
Canadian
London
(accum.)
preferred
Coal
Lorain
Louisville
Nashville
&
Maclaren
4-30
National Alfalfa Dehydrating
2-15
2-23
National
2-25
National Biscuit Co.,
2
2-15
5%
&
Power
.__
2-
National Cylinder
1
4'A%
9
3-
2-14
National
3-
2-25
Mallory
Maltine
4Vi%
Co.
Shirt
2-19
National
3-
2-15
Ltd.,
3-
2-
Conv.
3-
2-11
3-
2-
Corp.,
5%
Marion
Power
common
preferred
(quar.)
(quar.)
2-
$1.10
50c
25c
87Vic
20c
$25c
t25c
$1
3-10
2-24
3-10
2-24
3-
1
2-14
3-
1
2-14
McCord
pfd.
Ltd.
(quar.)
Corp:,
new
—
(initial quar.)—
Mines (quar.)
—
com.
Porcupine
Corporation,
4'A%
common
preferred (quar.)
preferred (quar.)
1st
2nd
Merritt-Chapman ft Scott, common
6Vi % series A preferred (quar.)
Textile
$3.25
conv.
Corp.,
(s-a)
National
1
2-
National
2
National-Standard
3-21
National Tea Co.,
1
3-22
National
3-31
3-10
participating preferred
(quar.)
Corp.
com.
Extra
preferred
(quar.)
Co.—
3.90% preferred (quar.)
4.35%
preferred (quar.)
Michaels, Stern & Co., Inc.—
Class
Preferred
(quar.)
(quar.)
Preferred
(quar.)
Preferred
(quar.)
__
Public Service Co. (quar.)
Michigan Steel Tube Products—
Michigan Sugar Co., 6% preferred (accum.)
Mickelberry's Food Products Co., common
$2.40 preferred (quar.)—___t—
Mid-Continent Petroleum Corp.
(quar.)
Midland Oil Corp., $1 conv. pfd.
(quar.)—_
Michigan
(quar.)—____——
Midland Steel Products Co., common
_'___
8%
preferred (quar.)
—
.—
Abrasive
Mid-West
non-cum.
Miller
&
Hart,
Co.
preferred
Inc.
Common
(quar.)
Common
(quar.)
—
preferred (quar.)
$1 prior preferred (quar.)
$1
prior preferred
(quar.)
Minneapolis Gas Light' Co. (Del.) —
5%
preferred (quar.)
$5.10 preferred (quar.)
5 Vi % preferred (quar.)
prior
6%
preferred
Regulator Co., com._
Minneapolis-Honeywell
3.20%
conv.
(quar.)—
pfd. A
_
Mitchell
St. Louis Ry. Co.—
(J. S.)
Company, Ltd. (increased)-
Mohawk
Carpet
Minneapolis &
Rubber
Mohawk
Monarch
4Vi%
Mass.),
Monarch
Monroe
Knitting Co
Life
(s-a)
Inc
——
Co._
preference
Monarch
<
Mills,
—
Ltd.,
common—_—
(quar.)—
Insurance
Co.
3-
1
New
Bedford
New
Jersey
2-28
New
World
Calculating Machine
Monsanto
Chemical Co.,
(quar.)
common
(quar.)—
2-14
3-15
2-28
3-15
2-28
3-15
2-28
1
2-10
Plywood,
3-15
2-28
Poor
2-15
3-15
3-
1
Prentice-Hall,
3-
1
2-
4
Proprietary
(quar.)—i,
York
Dock
York
State Electric
$5
Co.,
__
3-
2
2-
2
&
2-
3-
1
2-15
3-15
3-
3-15
2-25
share
4-
1
2-25
ital
3-
1
2-15
$2
__
93%c
50c
45c
93%c
50c
$50c
preferred (quar.)
(J. J.) Company (quar.)
Newport Electric Corp. com. (quar.)
3%% preferred (quar.)
___.
2-23
2-10
2-28
2-11
Newport News Shipbuilding & Dry Dock Co._
Niagara Lower Arch Bridge (quar.)
Noma
Electric Corp.
(stock dividend)
1
2-15
2-15
1
1
3-16
Pullman,
1
2-15
Pure
4-
1
2-14
3-10
3-
2-28
3-31
1
2-15
1
2-15
Norfolk
2-18
Norfolk
3-1
Normctal
3-15
2-17
2-28
3-
1
2-
1
3-
1
2-
1
(quar.)___
Ry.
1
2-
1
3-
1
2-
1
North
Pennsylvania RR.
1-28
North
River
2-14
Northeastern
3-
1
2-19
3-
1
2-19
3-
1
2-19
3-10
3-
1
3-10
3-
1
3-31
3-21
$4
3-
4
1
3-
4
2-28
2-15
2-28
2-14
Ogilvie
Gold
5-
1
8-31
8-19
11-30
11-17
1
2-15
3-10
2-24
2-21
2-11
3-12
2-21
'
Oil
1
3-12
3-15
2-15
Ohio
3-
Old
1
25c
3-15
; 5c
3-
1
2-16
50c
4-
1
3-15
Tube
Coal
4-
1
3-15
Oliver
1
3-15
Omar,
37Vic
37 Vic
37 Vic
25c
25c
25c
4-
2
7-
2
6-20
10-
2
9-20
Onondaga
3-20
Oswego
common—
Inc.,
(quar.)
Ltd.,
preferred
O'Okiep
2
2
9-20
3-
1
2-19
Otter
3-
1
2-19
$3.60
3-
1
2-19
Outboard
Pottery
Falls
preferred
Tail
Electric
Oxford
2-17
Oxford
Paper
3-
1
2-17
Pacific
Finance
3-
4
2-18
Pacific
1
3-16
2-24
3-31
3-12
4-
1
'2-28
4-
1
.'.
—
common
(quar.)_
Marine
2-19
9
Co.,
preferred
Mills
(quar.)
Co., Ltd.—
(quar.)
Power
1
3-
Co.
Corp.,
3-10
4-
1
3-23
8-
1
7-20
2-25
2-18
pfd.
(quar.)
(quar.)
Corp.
(quar.)
Corp.
3-
1
3-
1
Heat & Power Co. for
2-17
50c
2-10
1-31
50c
3-
1
2-10
$1.62Vi
$1
6-
1
5-10
3-
1
2-10
4%
preferred
Paramount
Parker
Pen
Extra
Parker
of
4-1
3-10
3-1
3-7
2-10
2-7
12'Ac
Company
3-
35c
(quar.)__
_____
Silk
Mills,
Hosiery
1
3-17
3-
1
(quar.)
$40c
3-
1
2-15
2-15
(quar.)____
t40c
6-
1
5-16
9- 1
12- 1
8-15
11-15
(qifar.)
com.
2-19
2-15
Reed
1
2-15
Regent
3-10
2-21
$1.60 non-cum.
preferred
3-
7
2-7
$1.60
preferred
2-25
2-10
$1.60
non-cum.
preferred
(quar.)
i40c
2-25
2-10
$1.60
non-cum.
preferred
(quar.)_____
J40c
15c
each 10 shrs.
Line, common
Pictures, Inc.
Company
___—
Co.
non-cum.
3-10
2-11
Reliance
3-
1
2-10
1
2-10
—i
Transportation
Ltd.,
common.....'.
Remington
3-
35c
;
Mills,
(Ill),
Co.
Mfg.
(quar.)—
2-23
1
1-26
Revere
3-
1
2-15
Rheem
3-21
2-28
6-20
5-31
3-15
2-
3-15
2-
9
7%
1st
1
2-
4
7%
(quar.)
—
$1.12'A
30c
15c
15c
5,- 1
5- 1
4-15
4-15
3- 1
2-10
5-2
4-11
40c
$1.12'A
3-15
2-24
3-
2-15
4- 1
3-15
7-
6-15
87'Ac
1st
$25c
$$1.75
3-11
3-
1
3-15
3-1
2-23
1-21
3-
9
preferred
1
3-15
7-
1
6-15
2nd preferred (quar.)
$1.75
10-
2-18
3-21
Richfield
3-10
2-10
Richmond
3-31
3-10
Riley
3-31
3-10
Rio
Oil
Stoker
Grande
3-15
Corp
Valley
Controls,
preferred
Mfg.
Rockwood
&
Co.
Co.,
t
2-18
2-18
5%
preferred
2-15
5%
series
3-
2-15
5%
prior preferred
2-
1
3-30
3-15
3-
1
2-15
3-
1
2-15
3-15
3-
1
2-25
2-
4
Rohm
$4
&
A
Haas
Company,
Metai
Inc.
1-10
3-15
3-15
5%
Russell
4
3-25
3-
50c
50c
2-24
2-15
62'Ac
20c
preferred
Ruppert
4'A%; pfd.
2-24
2-lE>
1
2-15
3-29
3-18
3-
(quar.)
(increased quar.)
Works
2-15
1
3-15
4-
1
3-15
4-
1
3-15
3-
1
2-18
3-
i
2-18
3-15
3-1
pfd.
of
Lead
St.
Joseph
Water,
2-15
_______
12'Ac
3-
1
3-
1
2-15
(quar.)___
$1.12%
4-
1
3-10
Co.
(quar.)__
3-15
2-28
10c
20c
3-10
3-25
2-22
__i
—
"*
(quar.)
_____
3-10
'
50c
2-25
2-10
",x.$l
;
________
pfd.
2-15
37'Ac
—
Co._
6%
1
12'Ac
____—
Joseph
2-21
3-
37'Ac
(quar.)
preferred
Aeronautical
St.
3-10
3-15
Louisville—
(quar.)
Co
Ryerson ft Haynes, Inc
Saco-Lowell Shops
Ryan
3- 2
3-19
20c
r
3-12
50c
____!_
$1.50
Manufacturing
2-23
4-
$$1.01'A
10c
:___
(Jacob) 4'A%
3- 5
$1
Crown Bottling Co.
Common
(quar.)
2-25
1
4-
3-10
2-15
25c
(quar.)
Inc.,
3-10
1
$1.25
(quar.)
Theatre,
1
4-1
3-
3- 1
common
Art
Roxy
2-21
30c
4-
$1.25
(quar.)
Ronson
Corp.
2-15
$1.25
(quar.)_________
Rolland
Bros.,
1
3- 1
$1
25c
(quar.)
common
iquar.)
Paper Co., Ltd.,
Roos
1
3-
2-10
20c
preferred
Rowe
3-
3-10
29lie
(quar.)
preferred
Royal
75c
$1
(quar.)_
com.
2-15
3-15
t25c
(quar.)_
4% pfd. F (quar.)
(increased)
;
3-10
2-25
A
(quar.)—_:
4- X
1
cl.
Rochester Gas & Electric,
Rockwell
4-
Ltd.,
Co.,
9-15
3-15
5c
Gas
1
3-15
25c
Works
Robertshaw-Fulton
43A%
9-15
50c
(quar.)
Robinson, Little &
2-18
10- 1
20c
Corp.
Cedar
$1.75
1
4-
3-31
7%
$1.75
(quar.)
1
2-10
$1.75
2-28
2-18
(quar.)
3-16
$1.75
7%
'7%
?-10
common
3-
preferred (quar.)___.
2nd preferred (quar.)
2nd preferred (quar.)
4
3-31
"
preferred (quar.)
Rice-Stix Dry Goods Co.—
7%
1st preferred
(quar.)
3-
3-10
Inc.,
preferred (quar.)_;—
Manufacturing Co., common
2-10
$15c
$$1.25
37'Ac
90c
Brass,
25c
4'A %
2-21
693Ac
40c
$1.12'A
&
Copper
3-15
50c
——
2-16
3-9
3- 9
$1.31'A 7-
1
1
4- 1
4-2
4- 2
2-25
25c
4-
3-
25c
4-
$1.75
common
preferred
(quar.)
Rand, Inc., common
$4.50 preferred (quar.)
^
Republic Insurance Co. of Texas (quar,)
Republic Investors Fund—
6% preferred A (quar.)___
6 7o
preferred B (quar.)
i
;
3'A%
field)
(quar.)_
(quar.)__;
(quar.)
___■_
Co.___
3-15
4- 1
4- 1
7
3-31
Inc.,
3-
Bit
2-
$25c
15c
$1.75
$1.25
$1.18%
Knitting
1
2-21
3-15
3-15
2-28
_
preferred (quar.)
5%. prior preferred A
(quar.) ___________
Red Owl Stores, 4%%
preferred A (quar.)
Roller
2-112- 1
2-28
1-17
,
87'Ac
—
7%
Petroleum
(quar.)_
Rust-Proof
Parmelee
(quar.)—
share
(One
Panhandle East Pipe
3-15
Extra
Petroleum & Transport Co.—
dividend
Stock
2-15
1
10c
$1.25
40c
$1
$1
Corp
Economic
American
Pan
3- 1
3- 1
2-28
3-15
2-25
3-
25c
Manufacturing
&
$5
3-10
3-10
2-28
Palestine
Ray-O-Vac
American-
Copper Co.,
Shares
(interim)
7-
3-
4-
50c
10c
$1.50
common
10-
6-20
2-25
25c
20c
$1
(quar.)
4%% pfd.
Ottawa
Light, Heat fic Power
Common
(quar.)
2
3-10
Rath
(quar.)
1st
50c
.__
preferred A
Corp.
(quar.)
4-
4-
4
$1.12'/a
(quar.)
pfd.
Co
Corp
Industries,
$2
3-20
(quar.)
4'A%
Co.,
Seamless
4%
3-
25c
Ben
Olin
3-31
_______
preferred
Packing Co
$3.50
5'A%
•
common
Company,
1-28
1
60c
$25c
$1.50
40c
$25c
,
.___
25c
25c
25c
(quar.)_
Extra
Power
1
4-
37'Ac
Flour
55c
(irreg.)
Common
Ohio
9
$$1.50
$81
15c
20c
$5c
common
(quar.)
Co.,
Match
Ohio
Ohio
4-
preferred
$2.20
1
2-
Telephone—
Associated
Ohio
Ltd.
Mines,
Flour Mills, Ltd.,
preferred
(quar.)
7%
2-15
3-
3-10
Ltd.—
Co.,
Power
6%
$1.12Vi
$1.12 Vi
$1.12 Vi
$1.12Vi
35c
15c
30c
15c
60c
75c
3-
&
4%
O'Brien
5-31
(quar.)
Co.
Light
2-15
1
4-
3-
$1.25
(quar.)
25c
preferred (quar.)
preferred (quar.)
Nutrine Candy Co. (reduced) __
Oak Manufacturing Co.
(quar.)
4-
25c
preferred
20c
Pharmacal
Scotia
50c
(quar.)___.
60c
—
(quar.)
—:—__A.
Norwich
3- 1
2- 9
1-28
3-
Gas—
$1
Bancorporation
Special
3-31
3-10
3- 1
a
cap¬
$1.
(quar.)
Northern Liberties Gas—.
Northwest
3-15
3-15
30c
(s-a)_
Coal-.
Illinois
25c
of
Co.
25c
pfd.
$2
Co.,
prior preferred
-Northern
Nova
2-28
Water
3-
$3.50
$1
_____
(increased quar.)
Co.
Insurance
1
3-
(quar.)
2-15
2-15
35c
3/100
Bakeries
Real
guaranteed (s-a)
7%
3-
1
3- 1
<
held__
Corp. (quar.)
Mills, Ltd., common
pfd. (quar.)
Quaker State Oil Refining
Quebec Power Co. (quar.)
Radio Corp. of America—
$10c
50c
50c
—
Ltd.__—
North American Car., common (quar.)__—
$2 convertible preferred
(quar.)
North Carolina RR., 7%
guaranteed (s-a).
2-15
2-15
(quar.)________.
common
Purity
75c
75c
(quar.)_
Mining Corp.,
2-15
'
Co.
3- 1
3- 1
(quar.)
Co.,
Purity
2-18
1
$1.06'A
$1.10
(quar.)
convertible
5%
$1
$$1
(quar.)
Railway
Western
&
~
Water
&
Quaker Oats Co., 6%
Chemical Co.—
4% preferred series A
Noranda Mines, Ltd
3-
3%
Inc.
Oil
2-15
2-18
"2-10
4- 5
Extra
3-15
3-1
dividend)
Electric &
preferred
$1.40
3-10
4-
2-15
3-10
4-15
(quar.)
:
Indiana Gas
preferred
3-
2-15
2-15
1
of Indiana—
(stock
Service
2-21
12-21
Colorado—
stock for each share
3'A7o
2-15
3- 1
3- 1
$5c
$1.25
preferred (quar.)___
of
1
3-
37'Ac
quar.)__
___
preferred
of
Co.
2-18*
3-10
2-15
87'Ac
Ltd._
4.40%
Public Service
Nopco
3-1
4-
7'Ac
37'Ac
(quar.)____
preferred (quar.)
Public
$3.75
A
1
1
?-21
2-25
3- 1
15c
Co.
1
3- 1
7'A%
(increased
Corp.
Mines.
Co., 5%
1
3433-
quar.)
class
4'A%
1
•«'.
Ry.-—
Inc.
Service
1
Gas—
Newberry
Southern
Steel
Prosperity
Public
2-18
3-
8
Ashtabula
25c
$2.50
$1.37'A
25c
Common
(irreg.)
preferred
New
1
$1.25
$1.75
Company, $1.50
3-10
4-
2-9
4- 1
2-28
3-21
Co.—
B
$7.50
$1.50
Co
Co.
New
3-
15c
53'Ac
(quar.)
&
(increased
Inc.,
&
Class
20c
Co
York, Chicago & St. Louis RR.—
preferred A (accum.)
preferred A (aceUm.)
Auction
Youngstown
preferred (quar.)
77c
2-15 :
$1
Pittsburgh
60c
50c
(quar.)___
Co.
Insurance
New
3-15
preferred
2-15
1
3-1
4-15
3-12
50c
(quar.)
preferred
Coke & Chemical
2-28
$1.25
75c
(quar.)—
Warehouse
Storage
Zinc
Life
2-11
3-
convertible
convertible
$5
60c
Co
York
50c
$3^25 preferred series A (s-a)
$4 conv. preferred B (quar.)
Casualty
York Air Brake
$1.25
Co
1
Extra
Pillsbury Mills, Inc., common (quar.)
$4 preferred
(quar.)
Pitney-Bowes, Inc., com. (quar.)
Portsmouth
New
(Springfield,
—
Machine Tool
3-
3- 1
3-
75c
;
20c
(accum.)
A
class
New
$25c
$$1.12 Vi
3-15
20c
10c
5
25c
1
10c
_...
2-
80c
25c
$$1
50c
3-4
4-
4%
(quar.)
(quar.)
2-15
$1.25
$1.27Vi
$1.37 Vi
$1.50
50c
3-22
Co.—
3-15
5%
(quar.)
25c
50c
50c
Irregular
3-
Inc.
Inc.
Amsterdam
6%
(quar.)
Common
7-31
Ltd.—
Pinchin, Johnson & Co., Ltd.—
Ordinary (interim)
Mur
50c
■—
8-15
30c
_
.
2-15.
2-11*
2-11*
2-18
2-4
91'Ac
(quar.)-
Electrotypers,
&
2-28
participating
50c
B
Preferred
$1.25
_.
Engravers
2-16
2-28
50c
Photo
2-25
2-25
~
2-18
1
$75c
Phillips-Jones
Corp.
Phillips Petroleum Co.
1
3-
3- 1
3- 1
3- 1
3-1
$75c
2-15
3-
3-15
3-15
>
3-15
1
4-
2-23
8c
New
1
25c
50c
$$1.25
t50c
25c
25c
25c
97Vic
$1.083A
A
3-15
1
20c
Philadelphia Suburban Water Co., common—
$3.65
preferred
(quar.)
_
shares
3-4
3-
___
.____
Pittsburgh,
3-15
Metropolitan Edison
Class
1
2-15
4-
Norristown
&
,_.A_-_______________
Suburban Transportation—•
2-28
$2
2-10
Germantown
(quar.)
2-28
3-10
3-21
___:
2-28
3-15
2-28
(quar.)___:.
3-15
1
$1.75
(quar.)—
4-
A 2-19
3- 1
$1.25
$1.50
(quar.)__
common
3-15
4-14
25c
Thermit
3-15
3- 4
25c
(s-a)
(quar.)
3-15
Fund,
3-15
Co.,
preferred
3-31
3-31
$1.50
•:
pfd.
non-cum.
5c
Brothers,
4-1
30c
25c
iquar.)—
common
(quar.)
2-15
2-10
2-18
2-19
2-24
3-15
2-25
2-10
3-1
3-1
2- 4
3- 4
40c
25c
50c
50c
87'Ac
$1
25c
,_
7c
Neisner
2-14
Co.,
quar.)
10c
2-
4-1
(increased
shares
2-17
1
'
quar.)
Plate Glass Co._
Pittsburgh Steel Co., 5% pfd. A (accum.)
5'A%
prior preference 1st series (quar.)
1
4-15
RR.
10c
3-
3-
&
preferred
Philadelphia
Quarterly
1
Steam Cotton Co
Neilson (Wm.) Ltd. 5% pfd. (quar.)__
2-23
Co.
(Charles)
Philadelphia
4-
Naumkeag
3-10
Brewing
$1 preference
15c
—.—
3-20
6%
8-
3-
2-21
2-12
40c
Philadelphia Company, $5
$6 preferred
(quar.)__.
4-22
2
2-18
3- 1
2-28
3-10
2-21
3-\ 1
3-10
3-10
3-31
3-10
3- 1
4- 1
(quar.)
Dodge Corp
Philadelphia Co., 5%
2-11
5-
3- 1
$1.75
30c
Phelps
2-24
series
2-17
6 %
2 28
9c
1
9
Pfizer
2-28
3-10
preliminary estimates are
1
2-15
2-17
3-10
3-15
(increased (quar.)
3-
2-
3-10
7-22
-
4-
3-15
Pfeiffer
2-18
Series
Stock
Building
2-28
2-10
10-19
shares
Aviation
2-18
3-5
1
2-11
.
3-15
3-15
3-21
3- 5
2-19
$1.12%
___
(quar.)
Corp.
(increased
Company
3'A%
$1.25
$1.50
$2
$1,50
Co.—
shares
2-11
7
Nestle-Le
Pfaudler
Metals
50c
25c
series
3-12
4-
2-10
3-
,
Paul, Inc. (increased)
Pittsburgh
Income
1
3-10
;i
Industrial
3-11
Gear
Fettibone-Mulliken
1
preferred (s-a)
5%
common
Institutional
Oil
8*
2-15
Funds—■
Trust
shown:
9-21
12-23
8
2-
$1.12%
$1.25
(quar.)
Co.
the following
On
6-21
1
1-2-50
3-
3-10
1
Machinery
Rubber
2-18
&
2-28
Peter
—
(quar.)
4-15
10-29
:
Paper ft Type,
3-31
$1.07
$25c
65c
15c
10c
8114c
10c
35c
(irreg.)
common
Participating
&
2-2
Machine
preferred
Permanente
:
Extra
Co._
Oats
2-28
62Vic
$2.50
$1.5t)
75c
933Ac
933Ac
85c
$12Vic
25c
50c
$50140
50c
$1.0614
50c
80c
$1.62Vi
Mclntyre
4
1
7%
2c
2c
2c
$1.12VA
.
_
preferred
(quar.)
5%
preferred (quar.)
National Lock Co. (special)
3-
$1.75
50c
7%
(quar.)
Maytag Company
(quar.)
4VA %
3-
Perkins
2-10
Service
Linen
National
2-10
1
$1.75
—
2-15
4- 1
4- 1
4-15
3-15
3- 1
(quar.).;1',
"
(see Dr. Pepper)
4'A% preferred (quar.)
Philadelphia Electric
1
Common
1
3-
$15c
•
Co., $4.50 pfd. (quar.)
National Lead Co., 7% pfd. A (quar.)
8
3-
$12'Ac
——
_____—
3-1
Co.
(Dr.)
Corp.,
30c
National Gypsum
2-28
(accum.)—_
Shovel,
May
Maxwell,
2-1
Pepper,
Canada
Quarterly
Quarterly
2-15
8
$1.25
(quar.)
Corp.
of
preferred
Quarterly
1
2-
Department Stores, common (quar.)__
$3.75
preferred (quar.)—.
$3.75 preferred (1047 series)
(quar.)„
,
$3.40
preferred (quar.)
Masonite
(quar.)
com.
8
$1.25
(quar.)_____
& Chemical Co.
Drug
2-
20c
$1.06
45c
common
(quar.) .____
;
:
National Electric Welding Machine Co.—
5
2-28
$1.06V4
35c
60c
35c
(quar.)
Consolidated Mfg. Co.
Marathon
3-
2-24
20c
(quar.)
(quar.)__
Corp.
Corp.,
25c
Company
Manhattan
$1
preferred
5%
2-19
4'A%
Perfex
(quar.)
Gas Co., com.
Discount
9
25c
40c
(reduced)-
(Del.)
56c
(quar.)
$1.75
Corp.
2-1
2-1
2-11
50c
Light & Coke:
—
Telephone Corp., common
preferred
Peoples
2-
62'/2c
—
(quar.)—
com.
preferred (quar.)
Dairy Products,
National
3-
t$1.25
20c
Co.——_——
Paper
Square
Magma
Mapes
—
(quar.)—
—
Garden Corp. (quar.)
Copper Co
__
(P. R.) & Company (quar.)
Company—
conv. preferred (quar.)
Madison
Container
National
2-17
1
& Milling Co.—
preferred (quar.)'
7%
1
$1
(quar.)
Fibres
3-1
3-1
3- 1
____________
Gas
33-
50c
(quar.)__
Automotive
2-18
3-
Peoples
—
preferred
3-
88c
(quar.)—
RR.
Co
Acme
$1.10
92'Ac
$1.75
(quar.)
Corp.
(reduced)
preferred
50c
(quar.)
A
Nashville, Chattanooga & St. Louis RR
7
Sons—
&
(M.)
Macwhyte
$2
$5
Nesbett
preferred
preferred A (qv.ar.)__——;
Lowney (W.) Company, Ltd. (quar.)
Ludlow Mfg. & Sales Co
—
Lyon Metal Products common (quar.)
Macklnnon Structural Steel Co., Ltd.—
5%
preferred (quar.)—
Mackintosh-Hemphill Co.
7%
2-11
Chemical
4'A%
Metal
1
Dock—
&
Lowenstein
Metal
3-
2-28
30c
(quar.)
Lord & Taylor, common (extra year-end) __
6 %
1st preferred (quar.)
—
4%
Common
3-15
t$5
_____
(increased quar.)
convertible
Mead
3-18
class
2-28
2-28
2-1
2-1
3- 1
3.70% preferred C (quar.)
-—
Pennsylvania State Water, $7 pfd. (quar.)_
Pennsylvania Telephone Corp.—
$2.25
preferred
(qUar.)
Pennsylvania Water & Power Co.—'
3-15
1
7-1
2-16
1
2
10-
2-11
3-10
4-
3-
4-
2-14
2-28
50c
37Vic
5-
2-
2-28
Cement
2-15
$2
3-15
3-15
3-1
3-1
3-14
Pennsylvania Electric Co.—
4.40% preferred B (quar.)___
2-15
3-15
2-26
Peerless
3-15
1
National
1
2-28
2-24
3
2-
3-1
3-15
3-30
3
Ohio
$20c
$35c
20c
31'Ac
25c
(quar.)
3-10
Holdert
Payable of Rec
Share
Ltd., common-
Peabody Coal Co., common
5% convertible prior preferred
4-
2-15
3-
preferred
7%
1
3-
3-
1
2-
2-15
3-
2-21
3-
1
3-15
Company
Manufacturing Co.,
lc
Corp.—
Investment
Lone Star Gas Co.
5%
2-15
1
3-
Paton
When
Per
*
Name of
2-15
lc
i
Corp.
3-
$1
$2
$2
$2
$2
37Vic
(monthly)
preferred
5%
2-1
3-
1
25c
National
Carbonic
3Vi %
Lock
1
Co.—
Original capital
Special
Guaranteed
Liquid
1
3-
Mfg. Co._
Murphy (G. C.) Company (quar.)__
Muskegon Motor Specialties Co.—
45c
(quar.)
Corporation
Little
(quar.)
tquar.)
Co.
Extra
.
(quar.)
Co.
pfd.
Corp
Myers
Belt
Lionel
3-
3-15
V;
Holdert
When
(quar.)
Development (quar.)
______
Manufacturing
35c
50c
$1.75
40c
$1
$1
15c
(quar.)
Cement
Lexington Water 7%
Life
2-
Monday, February 21, 1949
Payable of Rec.
40c
(quar.)
Corp.
CHRONICLE
25c
(quar.)
Corp.
Wheel
$1.50
1__
(quar.)
Company
D.)
Extra
Lees
1
$2.50
35c
59%c
20c
__.
Finance
Extra
3-
40c
$1
5c
50c
$20c
$1
37Vic
30c
37Vic
Works
Dye
&
Bleachery
—
Lansing Stamping Co
Lanston Monotype Machine
Laura Secord Candy Shops,
Le
1
4-
7'Ac
$3
25c
$6
Lane
Lanett
4%%
1
37'Ac
Lines, Inc. (quar.)
Inc. (increased) __—
com. (increased quar.)_
preferred (quar.)
Paper Mills
;
& Co.,
P.)
(J.
Mt. Diablo Oil, Mining &
shares
Woods Milling Co.,
the
7% %
Lake
4-
2-
1
3-
—
Paper Mills,
1
Industries
France
Morris
A.—
preferred
Laclede-Christy
Morgan
2-14
2-25
(quar.)
Co.
Consolidada
American
2-18
1
3-
15 3/10c
(quar.)__
60c pfd.
Creamery Co,,
Laclede
3-11
20c
$1.25
(quar.)_
common
Moore-McCormack
50c
60c
$1.50
15c
(quar.)
common
preferred
1st
Knudsen
2-15
50c
Company,
Kroger
Hardware,
1-31
2-28
5Cc
(quar.)
Share
preferred (quar.)—
2-20
37Vic
(quar.)
& Company
H.)
5%
Per
.
of Company
Moore-Handley
Company
S.) Company
(S.
(S.
Kress
^
Name
8c
interest
beneficial
FINANCIAL
&
..
.
Payable of Rec.
Share
Fund—
Knickerbocker
Kresge
Holdert
When
Per
Name of Company
Koehring
COMMERCIAL
THE
(844)
3-10
2-18
$1.50
3- 1
2-11
Volume
169
'
•
•
'v.«.
' -
.
Name of Company
Francisco
6t. Louis-San
5%
Ry.t
$1
(initial)-
com.
(quar.)
5Vo conv. preferred A vtc (quar.)—
5% conv. preferred A vtc,(quar.)
Bt. Regis Paper Co.r(quar.) _
i
Safway Steel Products. Inc. (quar.)—
Sarnia
Bridge Co., Ltd. (increased)—.
cony, preierred A Ytc
Savage
preferred
5V2 Ve
Hueouck & Co.
Sears
Secord
1
$1
2-28
Co.,
(W.
Pen Co.
A.)
Extra
Ltd
Mines,
Gold
Creek
(quar.)
America, c.ass A
Signal vul
c.ass
New
class
A
(initial
B
•
quar.)
(quar.)
Royalties Co., class A
Class
B
Slgnoui
iquar.)
preierred
5%
(quar.)
(irreg.)
(quar.)
Manufacturing Co.
4V2''
preferred
Singer
(quar.)
Electric, common
City Gas &
3.90 Vt
preferred
Oil Co. (stock
Skilsaw. Inc.
(quar.)
uiviaenti).__
Smith
Sons
(Alexander)
Common
37s V
(quar.) —L
(quar.)
Clothes, Inc.
preferred
Brand
Sonoto.ie
Soundview
Pulp
pieierred
(quar.)—
$4.50
$4
preierred
$4
preferred
common
True
2-15
Timely Clothes, Inc.
1
2-18
1
2-18
2-20
Timken
—
(quar.)_
common-..
—
b'/o
A
Mfg.
preferred
(quar.)
2-25
2-2o
$1.60
4-
3-10
1
2-25
;
.
4
2-15
4-15
3-31
Class
Trinity
1
3-15
3-31
3-15
3-10
2-28
4-
3%W
(quar.)
Materials,
preferred A
Standard
Paving
&
Standard
com.—
Phosphate
Wholesale
Standard
Works
Supply
Bros.
Co
1
2-15
2
4-8
4-
Inc.
Stores.
Baer
Stoneea
&
Sun
Oil
Sun
Ray
6'/<■
Coa]
&
Furniture
Co.
-
preferred
$6
Tung-Sol
2-28
208
3-15
3-
1
Luaerwood
3-15
3-
1
Union,
Asbestos
3-15
3-
1
Union
Bag &
3-15
3-
1
2-11
1
2-11
Drug
4Va','o.
Oil
Union
Swan-Finch
4%
2nd
Oil,
(nuar.)
—
Co.
$3.75
2-18
Union
3-
1
2-15
3-
Tank
1
2-
8
4-
1
3-15
3-
5
2-18
3-
1
2-15
Artists'
b'/c
12 7*%
Electric
1
2-15
3-10
2-15
3-15
3-
Light &
2-18
3-
1
2-11
3-1
2-11
United
3-29
United
Shoe
3-10
2-
4
U.
3-
4
2-28
2-15
2-18
1
(quar.)
Co.
Insurance
2-23
2
3-10
3-14
3-
3-14
3-4
10c
4
2-18
3-1
2-15
3-15
3-
3-
2-17
1
Co.
1
1
1-31
1-31
3-10
2-15
3-10
2-24
proper
are
shown
(monthly)
25c
25c
:_
10c
7
1
1
6-15
4-
2-28
2-14
2-28
2-14
25c
4-18
4-
3772c
3772C
4-30
4-20
25c
3-15
3-
1
25c
3-15
3-
1
$1.25
3-15
2-18
5-
1
4-15
5-
1
4-15
5-
1
4-15
(quar.)
Cab
Machine
,1
5-31
...
10c
Co.
Worsted
(quar.i
4
Co.—
convertible
preferred
(quar
convertible
preferred
(quar.)
(L.
Spring & Wire
A.)
Youngstown Sheet & Tube
Zellers, Ltd.
3-10
2-24
1
3-14
b'/o
3-1
2-15
(quar.)
preferred
(increased quar.)
(increased)
com.
•Transfer
6V0
2-19
3-19
2-28
3-15
10c
!
common
3-
—
10c
Co.
&
I—
4-
3-15
3-
53c
7-30
$50c
$3772c
$3174c
(quar.)
preierred
(quar.)
77:
3-
1
4-
1
3-15
$5
2-15
2-28
2-
6272C
(quar.)
2-25
37V2C
(special)
3-
7-20
,
ueuueed)
—
U.
Funds,
S.
Canadian
less
Canadian
I57e
funds,
dividend.
this
for
deductible
tax
non-residents'
at- the
tax.
Non¬
source.
resident tax 77c.
15Vo\
a
x
'
Less British Income tax.
Less 30 Vo Jamaica Income tax.
„
.
.
2-10
1
4-
1
1
2-10
3-
1
2-25
7-
General Corporation and
2-16
3-10
9
2-10
4-
$1,067*
common
tax
closed
not
1
$1.75
(quar.)
in
resident
2-15
58 73 c
in
$Payable
3-15
587ac
books
tPayable
2-15
1
53c
6-15
50c
22 72 c
(s-a)
1
5-31*
1
2-
1
Quarterly
75c
9-20
3-
1
2-
1
Quarterly
U. S. Playing
75c
12-20
(Continued from page 12)
2-28*
3-
Investment News
2-28*
3-21
6-20
3-
1
2-
3-
1
2-1
1
3-12
2-15
3-15
2-15
6-15
5-13
9-15
8-15
'2-15
Card
2-5
U.
S.
:
—_
Printing & Lithograph
57c
U.
Co.,
8%
Co.,
.__j±:
1st
1st
Corp.,
3-
1
2-19
3-
1
2-19
United
Steel
3-
1
2-19
United
3-1
2-19
United
4-15
4-13
Universal
Wallpaper, Inc., 4Vo
Consdlidated Oil
3-
1
2-15
1
3-15
Universal
5
Pictures
Universal
Utah-Idaho
3-15
3-
1
Utica
3-14
2-15
b'/<>
4-15
b'/o
Knitting
preferred
preferred
5-
2
4-15
57e
preferred
3-
7
2-25
57c
preferred
3-20
3-10
3-15
2-15
3-15
3-
prior
(quar.)
62 V2C
—
62 72 c
(increased)
»
3-
$1.3772
(quar.)
1
1
30c
3-
1
2-15
Corp.
2-19
(quar.)
Chemical
(quar.)
(quar.)
Co.
Products
15c
Corp.
2-10
3-10
2-10
Virginian
3-10
2-9
$31 y*
5pfd. iquar.)
Virginia Dare Stores Corp. class A
Virginia
Ltd.,
Dare,
Co..
Railway
6%
preferred
2-28
6%
preferred
Visking
3-10
2-18
Vogt
3-24
4-
1
"3-
1
Walgreen Company com.
$317*c
$317* c
$50c
4-
1
3-
1
Walker
4-
1
3-
1
Walker
4-
1
3-
1
Warren
3-
1
2-16
Warren
3-10
2-17
&
$4.50
Petroleum
(S.
1
D.)
Bros.
Waterloo
Weeden
3-11
50c
10c
1
2-18
Wellman
3-25
3-10
56c
4-
1
3-15
3-10
2-28
4% conv. pfd. iquar.)
preferred (quar.)
—
Company,
_
W'entworth
2-25
47«
^
convertible
Wesson
$4
West
$5
West
(qunr.)
Disinfecting Co., common
1
2-15
Western
2-15
Western Tablet
2-28
5 'i
4-
2-28
5 (/c
Auto
&
&
2-28
Westinghouse
2-25
2-15
Westinghouse
3-
1
2-15
3-
1
2-15
1
2-15*
tion
forth
which
Bankers
in
an
the
that
"program is not inconsistent
application
approved
the
SEC
on
long-range
a
company
warrants
to
Co.,
this
of
Wall
16
company
purchase
;
Street,
New
issue
to
to
York, N. Y., has been
holders of its common
3-
1
stock of American Light & Trac¬
and accept subscriptions during
common
3-
1
2-11
4-
5
3-
3-
1
2-10
50c
4-
1
3-15
50c
7-
1
6-15
3-
1
2-15
I
4
2-21
2-
3-
1
transfer tho warrants
to
period expiring March 9, 1949. The United Light fz
Railways Co. has also arranged with Bankers Trust Co. to act as agent
for holders to buy additional rights in connection with subscriptions or
sell
to
rights.—V.
169, p. 706.
Universal Pictures Co., Inc.—Loan Agreement—
2-11
$1.12
.
and
subscription
loan
A
has
1,
may
of
borrow
2-15
within
of
to
company and three b-nks dated May 1,
extend (he period to Nov. 15, 1949, from
United World Films, Inc., a subsidiary,
'Ihe company also reveals that $1,500,000
have been repaid, and there are now
outstanding, including borrowings of $2,500,000
which
to $2,500,000.
up
under
$3,500,000
by
amended
been
1949,
notes
between
agreement
1947,
Aug.
this
agreement
notes
United World Films, Inc/—V.
169.
706.
p.
1
United
3-
1
2-13
The
3-
1
2-18
2-28
States Envelope Co.—50% Stock Distribution—
directors
have
voted
to
stock
dividend
common
3-11
dividend
pay
a
3-
1
2-14
4-11
3-24
stock, payable March 17 to holders of
will capitalize part of the surplus of
at Dec. 31,
1948 amounted to $4 803.518.
This
issued on the basis of one new share for each
3-17
by
4-
1
7-
1
6-16
3-15
2-15
and
25c
3-
1
2-
7
tirred
8772c
—
by
did
Trust
agent
Co.,
the
50c
common
Electric
&
rights to common stockholders of United Light.
set
75c
iquar.)-.
Gas
2-21
3-
slock,
$1.25
Corp.,
3V2Vt- preferred (quar.)
3.80% preferred B (quar.)
Electric
Madison
of
Subscription Agent Appointed—
The
-appointed
$1.25
preferred
4~'T
stock
common
United Light of funds to retire its preferred
offering of common stock of American Light &
50c
Co. iquar.)—
Stationery, common
(quar.)_
Air Brake
3-15
50c
(quar.)
management
said.-
25c
iquar.)
Co
the
not purport to determine the
of the United Light system."
liquidation plan will take about a year to complete,
$1.25
Coke
Supply
preferred
$50c
$1
iquar.)___
Coal
2-10
1272C
preferied
Virginia
2-15
2-21
20c
Engineering Co.
(increased)
Manufacturing Co. (quar:)
Oil & Snowdrift Co., Inc.—
preferred
2-15
3-12
50c
(initial)
Co.
3-10
25C
——
1947,
The
4
35c
common
(quar.)—
(quar.)
30.
official
2-11
20c
Pictures
Mfg.
&
& Worts, Ltd.™
(quar.)
Corp.
Co.,
preferred
Warner
2-18
Gooclerham
(Hiram)
1
40c
(quar.)
Company
3-
3-
$40c
Ltd
Mines,
Amulet
under
the
in
by
to stockholders said
letter
future
7-15
3-15
20c
20c
4-15
$50c
—
8-1
50c
(quar.)
stated
that
the liquidation
program
would not
consummation of the remaining transactions
by the SEC 011 Dec. 30. 1947.
include the sale or distribution by United Light
second
plan
3-10
2
3772C
Corp.
stockholders
plan approved
interest
the
Dec.
4-15
to
Indicated
borrowing
and
the
2-14
5-
letter
a
transactions
48%
The
2-17
3-25
•
3-1
Co.
Power
2-18
2-28
•
10c
3 I V2C
Corporation
Manufacturing
Waite
c
1
stock
prompt
with
2-15
3-
C2V2C
(quar.)
(quar.)
2-28
common
iquar.)
3-10
3-10
2-25
$1
Co
Iron
&
1
common
are the Kansas City Power & Light Co.,
Iowa-Illinois Gas & Electric Co. and St.
Co.,
&
in
with
Traction Co.
2-15
Co.
in
the
stock
2-19
Verney
its
Co.,
2-19
the
ownership of the operating companies' common stock
more
advantageous to them than their present indirect
these
securities.
Liquidation will proceed expeditiously,
Woolfolk
These
of
2-11
Vick
1'
3-
of
said.
interfere
6-20
1
Victor
2-25
$1.25
Light
contemplated in the
9-20
distribution
direct
prove
Mr.
12-22
2
1-31
3-15
1
1
3-
3-19
2-15
710-
1-3-50
62 72 c
Light
Woolfolk
inttrest
3-21
include
operating units
&
(Mo.)
Mr.
he
2-25
1
3-
1
2-18
8
will
substfmti^lly below its market/ value.
basis
a
major
would
4
40c
1
1
2-
4-
62 72 c
(quar.)
(quar.)
common
(quar.)
pfd.
..V
2-15
3-
$1
Co.,
1
2-28
75c
3-
3-
3-
15c
with the SEC;-,- ; ' -•••
Woolfolk, Chairman, in making 'the announcement, said
liquidation
Power
Joseph
3-10
4-
2-28
2-15
227ac
(quar.)
Co
to
filing
G.
the
on
The
2-16
$$1.25
3-
1
3-
1-31
3-
3-
Light
2-15
3-21
2-15
3-10
1
voted
16
of
the present operating subsidiaries to common
stockholders of the
holding companies.
Cash income retained will be applied to payment
of indebtedness of, the parent companies.
Common stock of the oper¬
ating subsidiaries will al^be sold to common stockholders of United
Iowa
2-10
3-
in
believed
Raalte
1
M4'
2-25
25c
25c
Norman
1
2-28
2-10
50c
Van
3-
1
4-1
2-25
Company, Inc
Vanadium-Alloys Steel Co._
1
3-
3-
4-15
$1,067*
Valley Mould & Iron, com.
$5.50
2-4
1-2.4
Inc.—
convertible
Sugar
William
3-15
3-10
50c
(quar.)
Winding Co.—
pieferred
2-15
2-11
2
3-10
3-30
for
prepared
4
50c
(quar.)
iquar.)——
(quar.)
Co.,
preferred
1
5-
Co.
Insurance
3-10
90c
2-
011
two
steps
•
Corp., Ltd. (increased)
&. Specialty com
pfd.
5-16
3-10
The
2-18
$1
:
^
6-10
:7:
Discloses Liquidation Plan
—
of Stock—
Feb.
liquidate the company and its
holding company, Continental Gas & Electric Corp.
are holding companies for a
number of midwestern utilities.
liquidation plan must be approved by the SEC.
A plan is being
The
2-18
3-10
directors
subsidiary
7,7 3-15
$1
4V+%
2-15
2-14
1
10c
Special
4-
3-
1
4-
3-10
$15c
Utilities
Special
3-
$2
(quar.)_^
common
3-16
75c
The
3-16
1
$1.25
preferred
Steel
1
4-
$2
preferred
"
4-
Distribution
and
11-30*
$1
non-cum.
United Light & Rys. Co.
8-31*
7
$1.50
6272c
common
non-cum.
US
common™
1
preferred -(quar.)
Rubber
S.
75c
50c
(quar.)
Extra
2-28
3-15
(increased quar.)
Foundry Co.
Pipe &
Van
10c
The
Extra
3-21
S.
1
_
under (his name in
incorrect.
They were
Companies
both
Nilcs,
la
Young
25c
1
(quar.)
were
6V0
2-28
2-28
75c
U.
3-
;
•
:
New
week's
6V0
$1
J.)
(N.
preierred
3-
A
.
Extra
Quarterly
3-
25c
25c
shown
Yates-American
2-5
3-
25c
25c
It
Wrigley, Jr. &
Wrignt-Har-
Wysong & Niles.
for
Wyandotte
2-15
3-
1-25
1-25
2-28
2-28
2-28
'
for
this
in
Monthly
Wysong
2-15
$1.37V2
50c
$1.12 72
40c
tlOc
2-10
1
& Co.—
(Wm,), Jr.
Wrigley
1
$1.50
$1.37 72
94c
30c
877iC
3-
-
below.
2-28
3-
3-15
25c
$1
$1
40c
lor
payments
3-10
50c
iquar.)
preferred
/c
Lines
Win,
payment
issues
50c
preferred (quar.)
U. S. Hoffman Machinery Corp.—
S
2-28
the
for
shown
payments
55c
(quar.)
Corp.
Finishing Co., common
4'A
intended
'i-
3-25
2-10
section.
previous
25c
7%
U
Tne
2-14
$25c
__
Co.
Machinery
$4"preferred
2-15
2-11
3-10
4-10
3- 1
Ltd.—
incorrect.
was
(Wm.i, Jr.
3-19
3-12
2-17
Railways Co.
Pacific
4-11
S.
1
issue
latest
is
Dividend
75c
iquar.)
(irreg.)
(Del.) —
6%
preferred
(monthly)—
6'/o
pricr preferred
(monthly)
6.36'/o preferred (monthly) _j
6.3C'/c
prior preferred (monthly)
77c prior preferred (monthly)
T/o
prior preferred
(monthly)
3-1
1
25c
class B
Cos.
Illuminating
United
3-10
3-31
Tne
25c
United
1
intended
gieaves
Yellow
Extra
3-
was
2-28
3-
4
—
week's
Co.
3-10
3-
3-
50c
5-10
$1.25
(quar.)
Coal
& Company,
3-21
$40c
50c
(quar.)
(final)
b-10
11-10.
$50c
United
-
5-15
8-I0
Circuit, Inc.—
Corporations,
Corp.
(F. W.)
last
in
11-15
$1.25
Extra
2-21
3-i5
65c
United
2-15
1
93 Tic
United
2-21
4-
50c
pfd. (quar.)
conv.
2-15
1
3-15
25c
(quar.)-
Ltd.,
Co.
1
Common
2-11
3-14
2-19
1
50c
tquar.)
2-11
3-
1-10
1
4-
62 72 c
(quar.)
1
3-14
2-21
3-
;
Ltd.
Canada,
of
Corp.
2-28
4-
25c
(F. W.)
3-31
25c
$50c
—
Co
Governot
2-15
1
3-
3bVo
3-14
Ordinary (bonus)
1
i
20 Vo
3-14
Wortiungton Pump & Machinery Corp., com.
25c
3-21
4',3% prior preferied (quar.)-'
$1.12Va
3-15
.4(2Vo convertible prior preferred (quar.)$1.1272
3-15
Wright-Haigreaves Mines, Ltd.-— •i
Tne payment appearing under this name
1-10
15c
(Irreg.)__
(quar.)
(quar.)
Theatre
Elastic
2-28
2-15
Extra
$15c
25c
preferred
United
3-15
2-28
Mills
ooinb.ng
Wrigley
com.
3-15
2-15
2-3
4-15
2-15
$1.1272
Ltd._
Woolworth
35c
3-1
2-15
Vvuui
25c
(quar.)
Co.
3-1
4-30
3- 1
—
(quar.)-.
Co.,
Woolworth
$15e
(quar.)
Biscuit Co. of America
3-15
2-21
$1
Corp., b'/o
4-15
3-
California—
Car
Aircrait
5c
(quar.)
Woodward
-
iquar.)___
Corp.
Corp.
preferred A
United
25c
26,'!,c
281SC
5c
preferred
1
Inc.—
Rubber
of
37V2c
(quar.)
"-.preferred
3-
75c
Paper
2-28
2-28
2-28
—
Cotton
lVHg.
Ordinary
iquar.)
Unit,
Co.
&
common
6%
3-15
25c
Oil
2-28
$1
(quar.)
iquar.)
472%
conv.
pfd. B iquar.)
Superior Tool & Die (quar.)_
preferred
Woodside
$1,06 7*
Coip.
25c
(quar.)
com.
Woods
1
40c
;
Stieet
Clutch
Disc
(quar.)—-
Co.,
Corp.
6-15
3-
—
Co.
Insurance
LaSalle
3-15
3-10
Power Co.—
(Increased)
preferred
6-25
$15c
Co.
$1.50
20c
—_
industries, Inc., common (quar.)™
25c
convertible ineferred (quar.)„_.—31l/4C
57o
ordinary
for
—
Works, Inc.,
Lamp
South
3-15
n3v31
4V27o
3-15
^
Extra
1
,
1
75c
(quar.)
(accum.)
3-10
3-15
3-15
1
40c
Co.
_____
Coal
3-1
4- 1
3-15
;—
Inc.
Electric
$1
receipts
Seventh
1
3-
3-
4-
25c
3-15
3-
1
Products,
50c
common
_-_
City
't
3-15
3- 2
2-15
2-7
3-14
2772c
$1.50
90c
Line, Inc., common
preferred (quar.)
preferred tquar.)
Wisconsin Powar & Light Co.—
3-15
II0.2857 %
Universal
25c
(quar.)
Cu
Corp.
common
preferred
Sunray
Co.
Fuller
Coke
Storkline
25c
(quar.)
Truax-Traer
3-10
60c
15c
:z_
Sterling Drug (quar.)
-—
i
Sterling Motor Truck Co.. Inc.——
Stern & Stern Textiles. 4V2%
pfd. <quar.)_
Stix
A
3-21
3-21
1
3-11
3- 1
4-
25c
$1,06 7*
$15c
:.
-V—
3.60 Vo
1
Quarterly
Acid
&
(quar.)
Fuel
Sterchi
(s-a)_
Railway Equipment Mlg. (quar.)_
Steel Spring
Co. (quar.)
—
Standard
2-15
$1.1272
(quar.)__
Co
933/ic
Ltd.,
i
Participating
3-
Oil
50c
(uqar.)
Partcipating convertible preferred
Partic.pating preferred non-cum
State
Iron
1
4-
•Woouall
15c
Extra
com.v
2-14
pfd.
Ltd.
Vvorxs, Ltd., common
Virginia Coal
Ohio
2-28
_'
6?c
——.
Quarterly
5-
40c
Standard
20c
Standard Oil Co. of California
(quar.)
$1
Standard Oil Co.
(Indiana) (quar.)—50c
Standard Oil
(Kentucky) ' (quar.)
35c
of
Common
4-13
$1.75
Elevators,
it/ronto
3-
preferred (quar.)
Forgings Corp. (quar.)
Co.
2-23
preferred (quar.)
Co., Ltd.—
receipts
lor
deferred
deposit
(final);
Toronto
2-18''
2-15
.
75c
683/4C
common
(quar.)
Ltd.™™"™—
C.),
-Wisconsin
5
4-30
—
American
1-17
2-25
conv.
Oil
2-11
3-
4
Trust
deposit
(final),
Dredging Corp.
Standard
4
25c
(quar.)
4,A'/a
Securities
American
$1
—
—
Standard-Coosa-Thatcher
Standard
3-
(irreg.)
(quar.)
Bearing
Edison,
Universal
(quar.i
E.)
(A.
Willson
4.V2%
Associated
Roller
1 oiedo
3-15
(initial
(quar.)
Co., com. (quar.)
$3.75 prcfeired (quar.)
Standard Brands, Inc., com. (reduced quar.)
$3.50
preferred
iquar.)_
Standard Cap & Seal Corp.—
$1.60
convertible preference
(quar.)
Standard Chemical Co., Ltd., com.- (quar.)_
Staley
2-11
Inc.,
(quar.)
preferred
Tooaoco
Company,
50c
Water
.
$$1.127a
Co
preierred
(J.
3-
Extra
preferred
conv.
Wilson
&
$4.25
4
50c
2-15
3-15
30'/2c
81'/4c
25c
0.265625c
(quar.)
Sons,
&
Wilson
Wilson
b'/o
com.
3-15
$1.1272
'
R.)
2-11
1
Products,
4V2V0
(quar.)
Spear & Company, $5.50 1st pfd. (quar.)„
$5.50 2nd preferred
(quar.)
—
Inc..
C«.
1
3-
Sovereign Investors, Inc
Sparks-Witliington Co.—
6'A
convertible preferred
(E.
2-19
3-1
3-
Common
_
Squibb
Shovel
2-10
.
Spiegel,
2-15
3-10
9*
Paper
4-
T/o, preferred (quar.)
Cotton Mills
3-
—
Kellogg & Sons
3-15
3-10
3- 1
4- 1
50c
•
,
Payable of Rec.
$1
Wickcs Corp. (quar.)„„
;
15c
WUKes-Baire Lace Mfg. Co.30c
rhomaaton
2-25
quar.)0.320829c
Southern
Natural Gao Cj. (quar.)
50c
Southern Railway Co., common
(quar.)
$1
5%
non-cum. preferred
(quar.I
$1.25
5'/c
non-cum.
preferred (quar.)
$1.25
5Vo
non-cum.
preferred (quar.)
1—
$1.25
Southern Spring Bed
(quar.)
50c
Southwestern Investment Co., com.
(quar.)
30c
•I
$1
convertible preferred (quar.)
25c
5% convertible preferred (quar.)
25c
5(1
sinking fund preferred (quar.)
25c
Southwestern
Life Insurance
Co.
(quar.)—
40c
Southwestern Public Service, com. (quar.)—
50c
Spencer,
2-
Lake
&
(quar.)™
Corp.
(quar.)—:
Erie Ry. (quar.)
Extra
Whnaltar
25c
Mills
3-
'
;
Flour
1
30c
(quar.)
preferred
2-28
4
25c
L
3-
40c
Water,
2-
2-10
75c
Producing Co.
3-
(reduced)
(quar.)
convertible
o'/u'i
2-lu
2-28
(quar.)
preferred
4»A %
3-1
Edison Co.—
California
preferred
4'in
A
(quar.)
California
4.88preferred
Southern
2-15
Bag & Paper—
4preferred
Southern
2-15
Lines
Works
Greyhound
Advance
Southern
—
(quar.) — —
Co.
Lathe
Bend
Southeastern
(quar.)
Oil Co. \quar.)______common (quar.)
Corp.,
convertible
$1.25
Tiiew
1
1
47*
50c
87 72c
$1.05
20c
25c
10c
317ic
75c
Wheeling
1
1
(quar.)—
(quar.)
& Oil
Coal
Stock dividend
Carpet—
(quar.)
Socony-Vacuum
South
&
preferied
4.20Vt
Tex-O-Kftn
3-10
50c
97 72C
LO'/o
50c
(quar.)_
(quar.)
Skelly
Society
2-14
3-15
$1.50
Extra
Sioux
1
3-
1$1
$$1.1272
$1.50
2-15
3-
3-
Instrument
Holdere
When
Share
(George), Ltd.—
redeemable pfd.
47a 7o
25c
(quar.)_
—
Texas Gulf
United
;
1
Weston
35c
(quar.)___
Works T.c pfd.
Water
Extra
4-15*7
3-
56V4C
130c
1$1.25
$$1
Ltd., class A (Jireg. 1
B
<
2-25"
1
Inc.—
Co.,
&
preferred (quar.)
Simon iH.) & Sons, Ltd., common
5%
redeemable preierred (quar.)
Class
7-18
1
3-
25c
25c
25c
25c
25c
6272C
3-
Weston Electric
<
$1.75
Brewing Co.
5-
50c
J
—
Wi'i,
Simpsons,
Pacific
60c
Co.
(Franklin)
Simon
Co.
(quar.)
Steel Co
&
caw
Simmons
—
Strapping
Bteel
Simonoo
Texas
Twin
Gas—
(initial quar.)
&
New
Signal
Company
4-18
120c
1$1.75
25c
(quar.)
1-20
35c
(accum.)
preierred
Haute
Tudor
(quar.)
Co.p.
Terre
$1
preierred
\'/c
2-15
12c
40c
593/eC
30c
.
Products Corp., common (quur.)__
4'/*,%
preferred (quar.)~
—-—■.
Shepard-iviles Crane & Hoist
Sherwin-Williams Co., 4% preferred (quar.)
Sherwin-Williams of Canada, Ltd.—
Common
7%- 1st
Tennessee
1
50c
——
Shelimai
Shoe
9
2-15
3-12
(quarj———$1.12Va
130c
.(quar.)_™
—
10c
2-1
1
Telephone Bond & Share—
2-
1
8-
preiened
$4.50
1
4-
15c
(increased quar.)
5-1
25c
—
Servei,, Inc.,
Sheep
'lampax, Inc.
2-28
3-
Shawnugan Water & Power Co.. (quar.)
Sheafi.tr
2-18
;■
-
common
3-
75c
—
Common
tquar.)
A
Per
Name of Company
1
48
v
3-15
110c
15c
25c
25c
23c
3-
50c
—
—
3-
40c
50C
,™
_
Inc.
2-23
125c
(quar.)—
class
corp.,
Corp.
uggart
Ltd.—
Shops,
Class B
i
Talon,
Thompson
Banknote
preferred
Serricu
x
4
131 'AC
International Investment
partic. preference
1
Co., Ltd., 4 Vo
Participating
Security
1
2-
Secord
Canadian
Beconu
912-
1
91V*c
iquar:^
Candy
(Laura)
Laura
See
1
9-15
3-
—
1
75Q
—
,™,
—
Holdcn
4-
tlVuC
(quar.)
Company
special
When
(845)
Payable of Rec.
40c
'Sylvarnite Gold Mines, Ltd
Syracuse Transit Corp.-—
■
12-15
27/ac
21 he
62/2C
85c
(quar.)—
(Dei.)
Co.
1
&
Texas
(quar.)_
A
Per
Swift
6-1
Co.
preferred A (quar.)
Co.,- common (quar.)
$3.40
preferred
(quar.)
Scovtil Manufacturing Co., $3.65 pfd. (quar.)
Bcythes
Co., Ltd.j cuuuii.ai.i_
1
b'/o
preierred (quar.)
Oil
3-
6-15
7c
Paper
Seaboard
3-15
CHRONICLE
Share
Name of Company
2-14
1
3-
^oc
5 !/a 'n
Bcott
$1.25
$1.25
$1.25
$1.25
15c
25c
FINANCIAL
&
H older«
When
Payable 0/ Rec.
$30c
Fisher Brick Co. (quar.)—
Bchwiuer-Cummins
4
,,
Corp.——
Arms
Sayre
Per •'
vShare
.
preferred A vtc (quar.)—
conv.
5Vo
•
"
COMMERCIAL
THE
Number 4779
>
3-
1
2-
7
|95c
3-
1
2-
7
semi-annual
the
usual
507«
on
the
two
shares now owned
stockholders.
the common
A
of
record March 15. This
this corporation which
stock dividend will be
cash
dividend
semi-annual
of
$3
dividend
per
of
share
$3.50
on
per
the common stock
share
on
the
pre-
payable March 2, 1949
to holders of record Fob. 24. 1949.
The common stock in 1948 received
two semi-annual cash dividends of $2 each, and
an extra of $3 on
stock
have
aiso
been
declared,
both
50
March
the
and
1
of $2
extra
an
with
compared
year,
COMMERCIAL
THE
(846)
CONDENSED
sqle
Sept. 1, making in all $9 per share for
on
$10
INCOME
in
paid
1947
1948
of
sold, delivery, admin., selling,
general and development expenses—
Deprec. on buildings, machinery & equipmentfrom
Total
$1,281,867
—
$1,294,339
Interest
long
on
236,250
262,500
$18.29
$30.77
income tax—-—'—
Provision for Federal
transferred to surplus
preferred stock
Profit for year
Dividends
on
Dividends
common
stock
common
share
on
Earnings
per
DEC.
SHEET
BALANCE
1948
banks
in
hand
on
$1,182,296
2,334,590
Inventories
United
the
(at
States
Investments
lower
of
cost
securities
Govt,
Land
11,069
705,851
2,209,324
4,299,682
2,212,984
3,729,467
__
"Buildings
tMachinery
and
equipment
trade-marks
tPatents
charges
Good
(prepaid
—
___
i
and
Deferred
1.
45,343
will
the
1
1
$16,060,678 $15,787,473
—
Accrued
for
Res.
for
((Reserve
Notes
Res.
and
—._i__
24,970
insurance
22,249
25,002
14,624
—
taxes
savings
Federal
for
payable
$1,316,441
279,607
.____
wages .payable
miscellaneous
employees'
$804,691
104,786
(net)
trade
salaries
Reserve
bonds
income
&
tax
stock
$100)—
(par
————_
surplus
—
Capital
surplus
Total
—1—
—
______
a
reserves
tAfter
1947.
for
for
depreciation
closer
1948
The
company
The
stock
shares
share
last
sales.
However,
\
.
$30
per
will
be
used
construct
to
gas
line
natural
to
on
Feb.
principal
9
The
y4
be
90
1951,
the
on
rate
a
Wright
.
169,
Extended—
unused
and bearing an interest rate of
each note outstanding on Feb. 10, 4
half-yearly instalments, begin- 4
of 2>/4% to Feb. 9, 1951, thereafter at,
raise the commitment fee to Va of 1% 4
portion of the credit.—V. 168, p. 1189. •
Springfield, Mass.—Purchase
Co., West
Edison,
A.
;-
equal
above.—V.
Inc.,
Aeronautical
Corp.
164,
1768.
p.
•
Deliveries
—
$7,000,000 Government Contract—
;
V:
Begun
,
on
:
o
This company has delivered
Feb.
$7,000,000
a
the first Cyclone 7 engine to be produced
received last summer it was announced on
order
.
'
16.
After
series
of
nacelle shakedown tests, the
300-horsepower engine will go to North American Aviation, Inc., Los
Angeles, Calif., which will build a fleet of T-28 trainers powered by the
Cyclone 7 or R-1300 as it is designated by the Air Force.
The
a
order
new
propeller
engine in
' *
'
large scale production
the
places
first time.—V. 169,
and
stress
p. 420.
,
'
the'
for
'
.
system;
gas
Yeakley
With SEC—
The
1948
corporation Feb. 15 filed a registration statement with the SEC
covering 74,880 shares of its common stock ($1 ^par), to be offered
in exchange for 16,000 shares of the common capital stock ($100 par)
of Compania Azucarera Boca Chica, C. por A,-,w
Boca
Chica is a company organized and-'exjsting
under the laws
of
the
Dominican
Republic,
engaged ' in the' production
of sugar
The 16,000 shares constitute all of its outstanding stock and is to be
acquired from Norman B.Woolworth,
sole owner, of 515 Madison
Ave., New York.
No underwriting is involved.—V. 169, p. 150.
of
to
agrees
Electric
Thomas
See
The
be used for plant expansion
equipment.—V.
certain
of
date
of
eight
in
at
company
1%
after
principal
Co., Alamosa, Colo.—Registration
Oil
ment Withdrawn—
$636,138
obligation '
assume
of par and accrued dividends
at 99.505%
procurement
days
payable
31,
of
Wico
X'.
West Indies Sugar Corp.—Registers
authorized
amount
the
unpaid
Aug.
3%.
,.
and
with
than
the
shall
ning
reported established as< a fine paper
448-450 PearI Street, New York, N. Y;
and contingencies. '
trustee, and sold
as
more
1951,
Feb. 4 filed a letter of notification with the SEC
($25 par) 5% preferred and 26,000 shares ($1 par)
working capital
to
company
'
l'/2%,
to be offered in units of one preferred and two common at
unit.
Underwriter, T. J, Feibleman & Co., New Orleans, La.
Proceeds
the
The company
reveals that the credit agreement for not exceeding
$2,000,000 has been extended for two years from the former expiration
date, Feb. 10, 1949.
Provision is made so that instead of maturing
against
due to
healthy
a
Erie Ry.—Equipment Trust Ctfs.—
authorized
8
were
year
will make
we
Feb.
White Motor Co.—Credit Agreement
on
shares
6,500
common,
the issuance of not more
funded debt, the net proceeds
and working capital.
stockholders. also voted to increase the authorized common
from
480,000 shares to 590,000 shares,
the 11,000 additional
to be
sold to the extent necessary at not less than $10 per
in order to provide, either directly or in conjunction with the
stockholders
$2,000,000
are
departments
of $5,500,000
betterments.—V. 169,:1
and
additions
property
745.
p.
SEC—
for
1947
$2,212,834
which
on
surplus."
With
Sharply—Increase in
Capitalization Voted—
Five Months Ended Dec. 31—
The
three
our
for-
Lake
&
on
connection
from
of
sales
of profit
margin
to
in
part:
in
total
ICC
Cleveland,
stock¬
the
them.
financing will be used for the payment
and
liability in respect of not exceeding $2,120,000 equ.pment-trust
certificates, series R, to be issued by the Central Nat.onal Bank of
Walthall Natural Gas Co., Inc., Tylertown, Miss.—Files
of
Sales—.
of
letter to
a
the
loans
Wheeling
The
Foods Corp.—Sales Up
Funded Debt and
than
in
The West Penn Electric Co., parent, •
additional common shares except such
public holders are entitled to subscribe ;
share.
which
to
and
N. Y. City—Sales Up—
25,
at
645.
not
Jan.
on
bank
P.
745.
p.
acquired by
shares
Proceeds of
of
The bonds and pre¬
competitive bidding, and the
by holders of West Penn;
securities.
these
for sale
be offered for subscription
purcnase all of the
3,816
are
as
sell
offered
at $28.50 per
agreed to
the
under
for
Vacuum
169,
President,
Goulard,
said
stock
of
board
This company, which is now
house in the trade, is located at
depreciation of $1,651,809 in
reserves
year
a
the
stock.]—V.
common
addition
1948 and $1,609,016
$4,498,921 in 1948 and
$4,352,126 in 1947. tAfter reserve for amortization of $102,868 in 1948
and $104,184 in 1947.
((After deducting $861,725 in 1948 and $1,364,124
in 1947 U. S. Treasury savings notes—V. 168, p. 1050.
"After
in
taken
was
meeting
same
"Although
$16,060,678 $15,787,473
___________
common
was
and
be
to
are
par),
($100
C
series
par).
issue
stock is to
has
income bonds,- series B, had been
thereoftvfiin^.full on April 1, 1949.
ago on both;-issues.]
approximately
$900,000
over
1947,
namely, $11,058,000 as
$10,158,000, our net profit was less than the previous year
1,650,000
1,200,000
3,970,200
2,625,000
4,701,335
5,264
2,500,000
1,200,000
3,970,200
2,625,000
4,803,518
5,264
,
inventory adjusts. & contingencies
Preferred stock (par $100)
Common
action
holders,
______
—
—
bank_
to
for
Earned
and
the
Thomas
payable
ferred stock
on
mortgage 4>/4%
authorized
payment
stock,
(no
to
with the SEC
bonds, series N,. 50,000 1
and 70,000 shares ef
'
filed under the Holding Company Act for
30-year first mortgage
of
preferred
stock
With SEC—
11 filed a registration statement
Feb.
on
Application previously
Dividends Authorized—A. K.
Walker Goulard Plehn Co., Inc.,
LIABILITIES—
Accounts
of
autnorization
year
general
corresponding
the
for
169, p, 745.
Power Co.—Registers
$10,000,000
common
determined' that the full dividend
of $4.50 per share on the preferred stock had also been earned and
authorized
payment of $4.t>0 per share on
the preferred stock to
preferred shareholders of record at the; clcse. of business on March
31, 1949, payable on April 21, 1949, and declared a dividend of $1
per share on the outstanding common stock, payable on April 21, 1949,
to common shareholders of record at the close of business on March 31,
1949.
[Similar payments were made on April 22, last year, and on
Dec. 24
an
additional dividend of $L50 per share was made on the
common
stock.
In
1947 a total of $2 per share was disbursed on
238,654
u-—
Total
the
At
54,282
248,548
insurance)-
interest
[Similar
59,526
11,069
708,396
_
securities).
(miscellaneous
the
for
the
earned
126,181
market)—
or
company
shares
Placed Privately—
the directors held on Feb. 17, 1949, the results of
1948 were considered and the board declared
the general mortgage ,4% income bonds, series A,
of
meeting
a
that
4,868,816
receivable
Notes
At
operation
$1,637,767
2,098,852
170,206
4,888,558
-v,
—
(not)__
The
"
placed privately $750,000 10-year sink¬
Wabash RR.—Interest and
1947
6,689
and
receivable
Accounts
?
.
1948.—V.
of
kwh.
102,814,000
of
output
West Penn
Atkinson, President, has made the following statement:
31
ASSETS—
Cash
week
*
1949
dividends after
accumulated dividends on the
of
12,
the
over
electric properties of this company for the
totaled 117,512,000 kwh., an increase of
the
of
Feb.
common
and
—
14.3%
ing fund debentures, dated Feb. 1, 1949, and due Feb. 1,
1959. United States Trust Co., trustee—V. 168, p. 1050.
$1,085,776
277,914
—.—
payment,
166, p. 1526.
for
The company has
32,531
997,000
$758,027
277,914
bank loan
term
authorize the directors to declare
to
output
ended
.
Co.—Weekly Output—
West Penn Electric
Power
week
was
Victor Products Corp.—Debentures
$2,115,307
59,312
477,000
income
and
provision
or
principal
Associates,
covering
20,273
:
Concentrates
Orange
amended to eliminate the're¬
consent for payment of dividends on the
incorporation
preferred stock.—V.
$2,095,034
12,472
operations
income
25,141,026
341,217
by
^
stockholders'
stock
payment,
26,743,386
446,099
held
notes
retirement of $1,100,000
the
for
debt,
of
certificate
common
goods
Profit
Other
demand
parent company.
quirement of
$28,471,352 $27,577,277
sales
Cost
funded
of
Inc., the
CALENDAR YEARS
FOR
The
Net
the
of
amount
1947.
ACCOUNT
Monday, -February 21, 1949
CHRONICLE
FINANCIAL
&
drawn
Feb.
.:
>
••
statement
registration
and covering
(No.
•
169,
p.
745.
Z. & F. Assets Realization
Distribution
March
York,
3,
trustee,
certificate
—V.
163.
holders
to
by
1949,
of
The
»/2
of
Corp.—Distribution—
record
of
1%
March
the
of
face
trust
1949,
2,
Bank
National
Chase
under
oustanding
p.
with the SEC April 30,
stock (par $10) was with-'*
filed
7517)
10,000 shares of common
1.—V.
State-,
will
the
of
agreement
dated
be
made
C.ty
of
amount
each
April
of
on"
New
qualified"
l,
1943.
2055.
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
in
question will be furnished,
showing the authority to issue
ALABAMA
Birmingham, Ala.
Offering — C.
E.
Bond
ceive
sealed
(CST)
chase
check for
as
follows:
not
Improvement,
4%
exceeding
Dated Feb.
bonds.
Due Feb.
1, as follows: $15,000 in 1964
to
1968, $40,000 in 1969 to
1973, and $45,000 in 1974 to
1978.
The City reserves the
1, 1949.
right to call for redemption
in whole, or in part, in in¬
verse
order of their numbers,
Feb. 1, 1958, or on any
in¬
subse¬
quent
thereto,
any
of the
bonds having a stated matur¬
ity later than Feb. 1, 1958.
on
terest
payment
Interest
date
F-A.
<
300,000 Public Improvement, not
exceeding 4% bonds.
Dated
April 1, 1949.
Due $30,000
April 1, 1950 to 1959. Interest
A-O.
Each
specify the rate or
interest which each of the
Denomination
bidder
rates of
$1,000.
City, or at the First Na¬
tional Bank, or at the Birming¬
ham Trust National Bank, both of
Birmingham.
The
tional
copy
on
Feb.
of
15
—
Montgomery,
price of 100.81,
2.39%, as follows:
a
of about
a
as
basis
1
road
bonds.
Dated March 1, 1949. Due on
March 1, 1958.
'
12,000 court house and jail re¬
funding bonds. Dated April
1, 1949. Due on April 1 from
refunding
48,000 refunding bonds.
Dated
April 1, 1949. Due on April 1
road bonds.
Dated April 1, 1949.
Due on
April 1 from 1950 to 1969 in¬
clusive.
1969 inclusive.
The second
highest bidder
was
Watkins, Morrow & Co., for 2V2S,
at a price of 100.80.
CALIFORNIA
all
official
proceedings applying to the bonds
Burlingame, Calif.
Bond
White,
sealed
on
Offering
City
bids
March
7
—
Clerk,
until
for
10
the
Herbert
will
a.m.
K.
receive
(PST)
purchase
interest
The
bonds.
rate
01
of
rates
interest
and
that special bond
elections will
on Feb. 28 by eight of the
participating Sanitation Districts,
us
be held
follows:
as
to
Amount of
split rates irrespective of the ma¬
District
turities of said bonds. The interest
No.
rate
stated in the bid
of the
bonds will be
Bond Issue
1
$2,644,000"
No. 2
must be in
1,644,000 >
Delivery
No.
3
1,364,000
made to the
No.
5
796.000
multiple of % of 1%.
a
1
successful
of
No.
6
tiple of lk of 1%.
The legal opin¬
Orrick, Dahlquist, Neff &
Herrington, of San Francisco. En¬
County Treasure of Yolo County,
No.
7____
ion
as
be pre¬
No.
11
488,000
460,000
cashier's check
April 1, 1949.
The legal opinion
of
Orrick,
Dahlquist,
Neff
&
>
912,000
of
for
certified
a
$5,000,
or
payable
to
the
City
Culver City,
Bond
Calif.
Sale—The $650,000 recre¬
ational
facilities
bonds
offered
646—were
awarded to the Bank of America
Feb.
14—v.
National
169,
Trust
p.
& Savings
Associ¬
ation, of San Francisco, and Asso¬
of
price of 100.15, a basis
about 2.55%, as follows:
$100,000
550,000
from
Dated
soon
pared
bidder at
as
the bonds
which
the office
can
estimated
is
be
to
The reports of Vinton W. Bacon,
Engineer, County Sanitation Dis¬
tricts, were accepted by the in¬
dividual
governing bodies and,
after public hearings, were rati¬
fied without a single protest. The
General Manager has made avail¬
able
an
abridged copy
of the
Engineer's Report on the project
Herrington, of San Francisco, ap¬
Treasurer.
a
Due on March
1953, incl.
Due on March
4%s.
proving the validity of said bonds,
will be furnished to the successful
bidder without
the
tion held
a
2V2S.
1954 to
March
1975, incl.
cashier's check
for
for District No. 11,
cludes all
general
highest bidder
Angeles County, Calif.
Los
Sale—The $245,000
bonds offered
on
Pescadero
interest
building "coupon
or
which also in¬
salient data
included
in
and
the
San Mateo
169,
Redwood
Feb. 15—v.
746—were awarded to the Bank
Sav¬
Bond
of America National Trust &
with
the
proposed
Elementary Sch. Dist.,
County (P. O.
City), Calif.
school
county-wide
Offering
W.
—
H.
Au¬
gustus, County Clerk, will receive
seled bids until 10 a.m. (PST) on
March 15 for the
000
2%s, and $250,000 as 2V2s, at a are dated March 1, 1949 and ma¬
price of 100.06,- a basis of about ture on March 1 from 1951 to
2.59%.
1968, inclusive. Second high bid
of 101.526 for 2V2s was made by a
Davis Joint Elementary Sch. Dist.,
group
composed of Weeden
&
Yolo and Solano Counties (P. O.
Co., Kaiser & Co., and the First
Woodland), Calif.
National Trust & Savings Bank, of
Bond Offering — C. L. HiddleSan Diego.
son, County Clerk of Yolo County,
will receive sealed bids until 2 Orange County Sanitation Districts
(P. O. SanLa Ana), Calif.
p.m.
(PST) on March 7 for the
Bond Elections — In connection
purchase of $240,000 not to exceed
5%
of the
maps
other reports.
p.
The sec¬
was the Se¬
May 4, 1948. Enclose
or
East Whittier School District,
Bond
1, 1949.
on
certified
$5,000, payable to the Treasurer of
Yolo County.
1,
1,
charge. These are
authorized at the elec¬
bonds
ings Association, of San Francisco,
curity-First National Bank & Trust as 21/4s, at a price of 100.264, a
The bonds
Co. of Los Angeles, for $400,000 as basis of about 2.22%.
ond
71,000 court house and jail re¬
funding bonds. Dated May 1,
1949.
Due
on
May 1 from
1955 to
1973.
from 1950 to
refunding
109,000
of the rrtaturities of
H.
stated in the bid must-be in a mul¬
from 1954 to 1969 inclusive.
Commission
of
said
ciates, at
1956 to 1958 inclusive.
Due
different
irrespective
Willis
Warner, General Manager of the
Orange County Survey, informs
1949.
interest
(A-O)
payable at the
City Treasurer's office.
Bidders
will be permitted to bid different
rates of interest and to split rates
project,
sewerage
15,
$10,000 in 1950 to 1963, and $5,000
in 1964 to 1969.
Principal and
from 1950 to 1969 inclusive.
9,000
Dated March
Denomination
$1,000.
$10,000 March 15, 1950 to
Principal and interest (M-S)
registered bonds.
payable
at
the office
of
the
County Treasurer of Yolo County.
Bidders will be permitted to bid
close
$198,000 old court house and jail
refunding
bonds.
Dated
March 1, 1949. Due on March
to the purchaser the
legality and validity of said bonds.
certified
Bank
2V2S, at
opinion of Wood, King & Dawson
of New York City, approving the
A
auction
169, p. 541—were awarded to a
syndicate
composed
of
Sterne,
Agee & Leach of Birmingham,
Thornton, Mohr & Co., of Mont¬
gomery, First National Bank
of
Birmingham, and the First Na¬
York
will furnish
at
v.
varying maturities of each issue
are to bear, expressed
in a mul¬
cipal and interest payable at the
Chemical Bank & Trust Co., New
certified
(P. O.
Birmingham), Ala.
Sale—The $447,000 bonds
Bond
shall
tiple of .% of 1%. The bidder may
use as many as two different in¬
terest rates on each issue.
Prin¬
a
$16,000.
Jefferson County
offered
Highway
$500,000
noon
March 10 for the pur¬
$800,000 coupon bonds,
on
of
divided
until
bids
Enclose
bonds.
said
Arm¬
strong, City Comptroller, will re¬
$170,000 not to exceed 3% interest
fire protection of 1949, series B
coupon or registered " bonds. Dated
April 15, 1949. Denomination $1,000.
Due
April 15) as follows:
not
purchase of $59,Dated
building bonds.
1974.
as
payable
(M-S)
make
at
office.
one or more
the
County
Bidders
may
alternative bids
offers for the bonds at different
interest rates.
bids will
1
Due
follows: $2,000 in
to 1965, and $3,000 in 1966 to
Principal
and
interest
1,
Treasurer's
or
interest
March 1,
Denomination $1,000.
1949.
March
1950
5%
exceed
to
not
be
Split rate interest
and it shall
be received
necessary
that all bonds
Volume
169
bear the
such
rate of interest but
same
interest
shall
be
in
tiple of V4 of 1%.
The purchaser
required to .furnish, his
legal opinion as to the legal¬
will
be
own
ity
of
were
the
bonds.
authorized
held
Jan.
on
tified
able
of
bonds
election
/Enclose
11.
a
to
the
Chairman
Pprtola
Board
of
•%///:%',■/;
—
15—v.
to
a
169, p. 646—were awarded
syndicate composed of the
Chase
National
of
Bank
New
Harris Trust & Savings
of Chicago, Trust Co. of
Georgia^ Robinson-Humphrey Co.,
York,
Bank,
"(4) The court, in disregard of
reversed itself
on the
availability of a working
the record of facts,
cash fund asset."
point No. 1, this appar¬
ently was- in reference to the fact
that
the 'decision
holding
the
As
Atlanta, Equitable Securi¬
Corp., Citizens and Southern
ties
.
to
invalid
issue
bond
consequence
of
came
collection
tax
a
a
as
suit wtiich resulted in the court's
both of
Elen^eniary ^ch, Dist.,
:
County; County Sch. Dist.
(P. O. Atlanta), Ga.
Bond Sale
The $5,000,000
2i/2% school bonds offered Feb.
relating to
of the bonds;
the legality
Fultcn
cer¬
certi¬
or
deposit, for $1,000, pay¬
Supervisors.
.
the
cashier's check
or
ficate
These
at
the facts in the reeord
GEORGIA
mul¬
a.
CHRONICLE
& FINANCIAL
THE COMMERCIAL
Number 4779
reversal
certain
of
county
court
(847)
school bonds. Dated March 1, 1949.
Denominations
$1,000 and $500.
KANSAS
Arkansas
Due
$500 July 1, 1949, $1,000 Jan.
July 1, 1950, $1,500 Jan. and
$1,000 July 1, 1951, and $1,000 Jan.
and July 1, 1952 to Jan. 1, 1958.
Bidders will be required to name
Bond
and
the
interest
of
rate
bonds
are
bear.
to
rate must be in
of
1%, and not
a
which
the
Such interest
multiple of
more
than
one
V4
in¬
51
.
storm
City, Kan.
$48,000
Sale—The
1%%
and drains bonds of¬
sewer
fered Feb. 14—v.
169, p. 747—were
awarded to Burke &
MacDonald,
of Kansas
a
basis
March
City, at
of
price of 101.04,
a
about
and
1.55%.
Due
on
Sept. 1, from 1950 to
1959, incl.
Additional
terest rate shall be named by each
Sale
The
—
$3,370
(J-J.)
The
approving
opinion of Ross, McCord, Ice &
Miller, of Indianapolis, will be
2% sanitary sewer extension bonds
1970 inclusive.
posed of the Columbian Securities
bidder.
offered
said date
on
were
awarded
findings. The Court, is is under¬
to the Ranson-Davidson Co., at a
of Atlanta, John¬
stood, did not agree with the
furnished to the successful bid¬ price of 102.26, a basis of about
Lane, Space & Co., of Sa¬ contention' that no other
funds,
ing bonds offered on Feb. 15—v. vannah, Clement A. Evans & Co.,'
der at the expense of the1 Town¬
2.42%. Due on March 1, from 1950
save
from
a
bond
issue, were
169,
p.. 746—were ■■ awarded
to Court & Co., Brooke, Tindall •'&
ship. Enclose a certified check for to 1956, incl.
available- at the time to meet the
Heller, Bruce & Co„ of San Fran¬
Co., J. H. Hilsman & Co., Wyatt,
$500, payable to the School Town¬
All the bonds are dated March 1,
judgments. The original issue of
cisco, on a bid reflecting a net in¬ Neal
&
ship.
Waggoner,
Norris
&'
1949.
The second highest bidders
terest cost of about 2.613%. The
$3^940,000 1% bonds, incidentally,
Hirshberg, all of Atlanta, Wood, was awarded on March
were
Ranson-Davidson
Co., for
8, 1945, to
bonds are dated Feb. 1, 1949 and
Madison, Ind.
Gundy & Co., of New York, Mil- a
Bond Sale—The $30,000 garbage $48,000, at a price of 101.00, and
mature, on Feb. 1 from
syndicate composed of Phelps,
1950 to
hous,
Martin
&
Home
Co.,
Stockton Fenn &
National
Bank, Arkansas
1971 inclusive.
Co., Inc., Stone & Webster reduction plant of 1949 bonds of¬
Broome & Co., both of Atlanta,
and Blodgetj Ipc., F. S. Moseley & fered Feb. 11—v. 169, p. 467—were City, for $3,370, at a price of 100.98.
and Varnedoe, Chisholm & Co., of
South Bay Union School District
Co.,
Eastman,
Dillion
&
Co., awarded to the Madison Safe De¬
Hays, Kan.
Savannah at a price of 101.61, a
(P. O. San Diego), San Diego
Hemphill, Noyes & Co., B. J. Van posit & Trust Co., of Madison, as 2s,
Bond
Sale—The $600,000 gen¬
basis of about 2.37%. Dated March
County, \Calif.
Ingen & Co., Inc., and Kebbon, at a price of 101.00, a basis of eral obligation water works bonds
Due on March 1 from. McCormick & Co., at a price of about 1.90%. Dated Jan.
Bond Offering—Marie Nasland, 1, 1949.
1,1949. Due offered Feb. 15—v. 169, p. 747—
Clerk of the Board of
Supervisors, 1950 to 1973 inclusive.
101.31, a basis of about 0.593%. on July 1, 1950 and Jan. and July were awarded to a syndicate com¬
1
.
San Mateo
«
-,
Bond
;
County, Calif.
$86,000 build¬
Sale—The
National Bank,
son,
,,
will receive sealed bids until 10:30
a.m.
(PST)
March
on
for
7
purchase of $63,000 school bonds.
d'Alene, Idaho
v ]
Bond
Offering—J. R. Wilcox,
City Clerk, will receive sealed
bids until 7 p.m. (MST) on March
7 for the purchase of $158,30.0 not
Whittier
School
District
Los
Angeles County (P. O.
Angeles), Calif, r.
] ,■> Bond ^Offering. — W*. G.' Sharp,
County. Clerk, will receive sealed
V:
-
Los
ib.
bids until 10
a.m.
the. purchase
,
-
exceed
5%
of
to exceed 5 % ^interest -sewer • sys¬
as
March 1 for
on
$155,000
not
to
interest school build-
construction
tem
•
follows:
■
divided,
bonds,
,
sr.
.
$82,500 District/No. 68 bonds. '
75,800 District No. 69 bonds.
bonds
1945
Coeur
Dated April 15, 1949.
South
The
IDAHO
the
and
dated
are
mature
on
March
Jan.
15,
1, 1950,
although serially optional begin¬
ning Jan. 1, 1947—v. 161, p. 1140.
1951
to Jan.
2y4s
high
was
tional Bank of Madison.
IOWA
der
last month's court decision,
plans
for the sale, sometime this month
or 7 in
March of the $16,375,000
-bonds: voted
as
IV2S.
■
1,
bid
of 100.416 for
made by the Trust Na¬
The City, it was noted, had un¬
consideration at the time of
!
Whiteside-County Township High
School' District No. 300 (P. O.
Sterling), III.
Bond Offering—H. E. Bell, Sec¬
retary of the Board of Education,
;ing
1,
Second
Black Hawk
County (P. O.
Waterloo), Iowa
Offering—Floyd P. Davis,
County Treasurer,
will receive
sealed and. open bids until 1:30
Bond
p.m.
(CST)
Feb. 24 for the
$201,387.85 funding,
on
coupon bonds. Dated April 1, >/
purchase of
Bids, shall specify (a) the low¬
1949. Dehorix. $1,000. Due April 1,
bonds.
Dated Jan. 15, 1949.
est- rate of viuterest and preimruinj.
Due
follows:
$5,000 in 1951, and if any,
Sept. 1, as follows: $21,387.85 in
above;-par at which the
$10,000 from 1952 to 1966 incl. bidder will
purchase the bonds, will receive sealed bids until 7:30 1950, and $20,000 in 1951 to 1959.
Bidder to name one rate of in¬
or (b) the lowest rate of interest
p.m.
(CST). on Feb. 24 for the Bidders should name the rate of in¬
terest, expressed in a multiple of at which
the bidder will purchase purchase of $1,520,000 not to ex¬ terest, but no award will be made
.% of 1%. Principal and semi-an¬
the bonds at par. Enclose a certi¬ ceed 3 %% interest building cou¬ on any bid of less than par and
nual
interest
payable
at
the fied check
for 5% of the amount pon bonds.
Principal and
Dated March 1, 1949. accrued interest.
County Treasurer's office. A cer¬
bid of each issue payable to the Denomination $1,000. Due Dec. 1, interest
payable at the County
tified check for 3% of the
bonds,
as
Treasurer's office.
The purchaser
follows:
$80,000 in 1950 to
City.
payable to order of the Chairman
1959, and $90,000 in 1960 to 1967. will be required to assume and
of
-
,
as
•
the
Board
of
County Supervi¬
Temperance-Kulner
Sch. Dist.,
Chicago, III.
Union
Supreme
Fresno County
646—were awarded to the Bank
of America National Trust & Sav-
ings Association, and Blyth & Co.,
both of San Francisco,
jointly, at
a price of
100.226, a basis of about
•
■
2.33%,
•
follows:
as
•
$91,000
as
21/4S.
Due
April
on
1
from 1950 to 1956 inclusive.
'
.41,000
as
2V2S.
Due
April
from 1957 to 1959 inclusive.
Dated April 1, 1949.
<
_
on
1
Tipton School District, Tulare
County (P. O. Visalia),
\
Calif.
Bond
Sale—The
$50,000 school
bonds offered Feb. 8
ed
were
to the First National
award¬
Bank, of
'
Orosi,
21/s>s, at
as
a
price of 100.30,
basis of about 2.45%.
,a
CONNECTICUT
Southington
Housing
Authority,
Connecticut
v'- Note
Sale—The
$243,000rtem-
•
loan, series M-l notes of¬
porary
fered
Feb.
were
-
awarded
National
•
17—v.
169,
Bank
&
p.
the
to
Hartford
746—
Trust
Co., of
Hartford, at 0.84% interest, plus
a
premium of $4.00. Dated Feb.
23, 1949. Due Feb. 23, 1950.
;
'
•
Waterbury, Conn.
Note Sale—The issue of $500,000
,
'
tax anticipation notes offered Feb.
16 was awarded to the
Waterbury
National Bank,
pips
a
at 0.80% interest,
premium of $2. The Hart¬
ford National
second
Bank
&
Trust Co.,
high bidder, named
a
rate
"-of 0.82%.
Notes
4,
.
•
dated
are
Due. May 3,
proved
by
Feb.
1949.
21,
Legality
Storey.
,
1949.
ap-
Thorndik'e,
Palmer & Dodge, of Boston.
Bond
;
•
Pinellas
)
revenue
Park, Fla.
Sale—The
bonds
$150,000 water
offered
Feb.
14—
.
1
Bond
Court
preme
was
asked
19 to reconsider its 7-0
Jan. 19
1%
011
opinion of
holding that the $3,940,000
judgment funding bonds
keted
Su¬
Feb.
on
in
mar¬
ille¬
gally issued. In requesting re¬
opening of the case, a petition
signed by counsel for both the
county and the city observed that
the original ruling may result in
severe
March,
less
1945,
were
investors
to
and
has
affected
the
city's
credit standing. "The bondholders
and the banking underwriters of
these bonds," the petition stated,
"as well as banks throughout the
country are alarmed by the deci¬
adversely
sion in this
case
and the credit of
the
City of Chicago has been
seriously impaired thereby." The
city, it was noted, has "up to this
point" enjoyed a preferred rating
.
.
authorized, but unsold, in a favor¬
able
market
or
to
continue
such
financing will be a serious blow
to the city which at the present
time is capable of retiring bonds
as they mature."
Should the court act favorably
on
the
petition,
consideration
thereof is not likely before the
May term, with a decision to be
handed down sometime in Sep¬
tember. Meanwhile, it is noted,
semi-annual
standing
interest
balance
on
the
on
tirement at par.
V'
The
petition, according to the
Chicago "Journal of Commerce,"
"(1) The validity of the 1945
judgment funding bonds was not
the issue
appeal;
The opinion holding the
illegal nullifies Sec. 23-7
J. Sims & Co., both of New York,
of
revised
jointly,
act, altering the intention
p.
414 s, at a price of par.
Dated Jan. 1, 1949. Due on Jan. 1,
from
"(2)
on
as
1953
to
1975; incl,
the
cities and
bear
shall
interest
at
the
same
rate. These bonds were authorized
at an election held on April 20,
Said
1948.
bonds
will
be
deliv-r
with the approving opinion
Chapman & Cutler, of Chicago,
and said opinion is to be paid for
ered
of
District.
the
by
The
printed
bonds ;to be supplied by the suc¬
cessful "bidder, and all bids must
be
so
conditioned.
Enclose
a
cer¬
tified check for $2,000, payable to
the
Township School Treasurer.
Sch. Dist.
No. 201
(P. O. Herrin), III.
Publicly Offered — Mc-
legislature;
"(3) The court misapprehended
Sale—The $300,000 school
Bond
bonds offered
building
Feb.
11—
169, p. 542—were awarded to
Paine, Webber, Jackson & Curtis,
Central Republic Co., and F. S.
v.
Moseley & Co., all of Chicago,
jointly, as 2V4S, at a price of
101.88, a basis of about 2.05%.
Due
Dec.
on
inclusive.
bidder
1 from
The
was
National
Moines,
Williamson County High
terest cost of about 2.11%.
March
1,
1949. Due on
from 1950 to 1964, incl.
Kansas
•
Dated
Sept.
1,
City, Kan.
Bond
Sale—The $166,246 gen¬
eral obligation bonds offered Feb.
10
awarded
were
to the Mercan¬
tile-Commerce Bank & Trust Co.,
of St. Louis, and Lucas, Eisen &
Waeckerle, of Kansas City, jointly,
as
iy2s, at a price of 100.76, a
basis of about 1.35%.
1, 1949.
Due
Dated Feb.
Feb. 1 from 1950
on
for
1968
highest
Iowa-Des Moines
the
Bank
1949 to
second
&
2V4S,
Trust
at
a
Co., Des
price of
101.85.
Greene Ind, Sch,
Dist,, la.
$50,000 building
bonds offered Feb. 15—v. 169, p.
1.98%.
Dated Jan.
Jan.
on
from
1
clusive.
The
der
was
for
2s, at
1,
1950
second
1949.
to
Due
1969
in¬
highest bid¬
Charles A. Hinsch & Co.,
price of 100.14.
a
Owensboro, Ky.
Bond Offering—J. E. Long, Sec¬
retary of the Board of Directors,
will
receive
(CST)
p.m.
sealed
on
bids
until
2
Feb. 25 for the pur¬
chase of $600,000 Owensboro-Daviess County hospital first mort¬
gage bonds.
Dated Dec. 1, 1948.
Denomination $1,000. Due June 1,
follows:
$19,000 in 1951, $22,and 1953, $24,000 in
1954 and 1955, $26,000 in 1956 and
747—were awarded to Wheelock 1957,
$28,000 in 1958 and 1959,
&
Cummins, of Des Moines, as $30,000 in 1960, $31,000 in 1961,
2V4S, at a price of 100.30, a basis $32,000 in 1962, $34,000 in 1963,
of about 2.22%.
Dated March 1, $35,000 in 1964, $36,000 in 1965,
incl.
1949. Due on Nov. l,*from 1950 to $38,000 in 1966, $39,000 in 1967,
30,000 2%% building bonds. Due 1969, incl. The second highest bid¬ $41,000 in 1968, and $65,000 in
on Dec.
The bonds are subject to
1, from 1956 to 1958, der was Iowa-Des Moines National 1969.
incl.
Bank & Trust Co., Des Moines, for prior redemption only in inverse
numerical order on any interest
Dated Feb. 1, 1949.
Denomina¬ 2V4S, at a price of 100.20.
due date on or after June 1, 1952,
tion $1,000. Principal and interest
Keosauqua, Iowa
Bonds Sold—An issue of $220,- upon terms of the face amount
(J-D) payable at the American
National Bank & Trust Co.j Chi¬ 000
municipal light and power plus accrued interest to the date
stated for redemption, plus addi¬
cago. Legality approved by Chap¬ plant bonds has been sold to Sparks
tional interest equal to 3% of the
man & Cutler, of Chicago.
&
Co., of Des Moines, and the
Bonds
Bond Sale—The
Robert
INDIANA
Columbia
Bond
City, Ind.
Sale—The
$288,000 elec¬
tric utility revenue of 1949 bonds
offered Feb. 17—v. 169, p. 647—
were
awarded to John Nuveen &
Co., of Chicago, and the City Se¬
curities
Corp.,
of
Indianapolis,
E.
Schweser
Co.,
of
Omaha, jointly, as 4s and 3V2S, at
a price of 101.81.
'
.
Story
County
(P.
O.
Nevada), Iowa
Bond Sale—An issue of
general obligation hospital bonds
was awarded on Feb. 1 to Paine,
Webber,
Jackson
& Curtis, of
Chicago, as 13/4S, at a price of
101.055, a basis of about 1.523%.
Dated Feb. 1, 1949. Interest F-A.
Due on Feb. 1, as follows: $5,000
Hobart Township, School Township from 1952 to 1955 incl.; $15,000
from 1956 to 1960 incl. and $5,000
(P. O. East Chicago), Ind.
Bond Offering—Mayme Evans, in 1961. Optional on Feb. 1, 1954.
will receive
(CST) on
March 3 for the purchase of $18,Trustee,
000
not
to
exceed
5%
interest
in
face
1952
amount
if
the
interest due date
call
on or
is
on
an
before Dec.
1, 1956, and on the same terms if
thereafter, except that
the additional interest shall be 2%
if the date for
$100,000
as
sealed bids until 8 p.m.
as
000
redeemed
2%s, at a price of
100.62, a basis of about 2.56%.
Dated March 1, 1949. Due on Jan.
and July 1 from 1951 to 1957 incl.
jointly,
villages Township
of the
Topeka; City National
Co., of Kansas City;
First Securities Co. of Kansas, of
Wichita; Messrs. Estes & Co., Seltsam
&
Co.,
both
of
Topeka;
Dunne-Israel Co., of Wichita, and
George K. Baum & Co., of Kansas
City, on a bid reflecting a net in¬
—
out¬
$1,181,000
July 1,
on
which
date
$241,000
bondr
will be eligible for optional re of
bonds will become due
of
Bank & Trust
to
1959
inclusive. Legality ap¬
Principal and interest (J-D) pay¬ pay expenses incurred in connec¬ proved by Stinson, Mag, Thomson,
able at any suitable bank or trust tion with the authorization and is¬ McEvers &
Fizzell, of Kansas City.
company in the State, as may be suance of the bonds, including the
KENTUCKY
mutually agreed upon between the cost of printing and the approving
purchaser and th^r District. No bid opinion of Chapmhn & Cutler, of
Fort Thomas City Sch. Dist., Ky.
wrill be considered providing for Chicago/Enclose a certified check
Bond Sale
The $65,000 im¬
more than two different interest for 2% of the bonds bid for.
provement bonds offered Feb. 14
rates and each interest rate shall
—v. 169, p. 542—were awarded to
Franklin Consolidated Independent
be an even multiple of Vs of 1%,
the Fort Thomas Bank, as 2s, at a
School District (P. O.
and all bonds of the same maturity
price of 100.16, a basis of about
Latimer), Iowa
Dougal & Condon, of Chicago, are
for its bonds and has no record of
publicly offering $103,000 bonds,
default "even during the severe
divided as follows:
economic
depression, before the
Due
last war.
." The petition added: $73,000 3% building bonds.
on Dec.
1, from 1951 to 1955,
"Inability to dispose of such bonds
bonds
169,
541—were awarded to
;A. M. Kidder & Co., and Herbert
tv.
v
Re¬
To
LegMity —"The State
urged the court to consider:
FLORIDA
*.
Decision
Adverse
Issue
Bond Sale—The $132,000 build¬
ing bonds offered Feb. 15—v. 169,
•
Asked
Court
verse
(P. O. Fresno), Calif.
p.
ILLINOIS
is required.
sors,
Corp.,
Legality approved by Chapman &
Cutler, of Chicago. The bonds were
authorized at the November, 1948
general election.
before Dec.
redemption is
on or
1, 1961, the additional
interest shall be 1% if the date for
redemption is
1966,
need
and
be
demption
before Dec. 1,
additional interest
on or
no
paid if the date for re¬
is thereafter. Principal
and interest
Trust Co.,
payable at the Central
Owensboro.
The final
approving legal opinion of Skaggs,
Hays & Fahey, of Louisville, being
given
bonds.
for
as
to
the
Enclose
$9,000.
a
validity
certified
of
the
check
52
Monday, February 21, 1949
(848)
Owensboro
Indep. Sch. Dist., Ky.
"Bond Offering—Helen
Hill, Sec¬
retary of the Board of Education,
will receive
sealed bids until 7:30
(CST) on March 1, for the
purchase of $550,000 not to exceed
4% interest improvement bonds.
p.m
Dated Jan.
Denomina¬
tion $1,000.
Due Jan. 1, as fol¬
lows: $15,000 in 1951 to 1956, $20,000 in 1957 to 1963, $25,000 in 1964
to 1968, $30,000 in 1969 to 1971,
and $35,000 in 1972 to 1974.
All
bonds maturing on and after Jan.
1, 1955, are to be optional for redemption prior to maturity in
whole, or from time to time in
part in the inverse order of ma¬
turity (less than all of a single
maturity to be selected by lot) on
any interest payment date on or
'
Jan.
after
prior
1954,
1,
published
a
1, 1949.
notice
upon
less
not
than
30
days
the
to
redemption date in
of general circula¬
throughout the
State
and
terms of 103% of par plus
newspaper
tion
upon
interest if
accured
demption
on
called
prior
or
for
to
re¬
Jan.
1,
1959; 102% thereafter and on or
prior to Jan. 1, 1964; 101% there¬
after and on or prior to Jan, 1,
1970, and upon terms of par and
accrued interest without
premium
Principal and interest
thereafter.-
(J-J)
payable
Trust
Co.,
should
(not
the
Central
Owensboro.
at
Bidders
specify the rate or rates
exceeding
two
different
'
rates)
for
be in
bid
no
the
which
bonds
shall
multiple of !4 of 1%, and
a
than
less
for
101%
of par
plus accrued interest will be given
•
consideration.
favorable
bonds will
.
be awarded
determined
.
cation
bid.
These
ized
the
general
election
nished
bonds
without
the
cost
prepared
approving opinion
of Chapman & Cutler, of Chicago,
a?id
all
bids may be so condi¬
.
tioned.
for
Enclose
certified
a
check
Clerk,
until
will
7-30
000
3%%
Feb.
,000.
to
Due Feb. 1,
bonds.
bank,
for
payable
less than $7,200,
the Treasurer Police
not
to
Works
Water
in
1950; $41,000 in 1951; $43,000 in 1952; $45,000 in 1953; $47,000 in 1954; $49,000 in 1955; $51,000
in 1956;
$53,000 in 1957; $55,-
in
1958; $57,000 in 1959; $60,-
in such denominations as the pur¬
000
in
$63,$67,$73,$79,-
chaser designates
1969.
thority will furnish an opinion by
$61,000 in 1961;
$65,000 in 1963;
$70,000 in 1965;
$75,000 in 1967;
in 1968, and $82,000 in
1960;
in 1962;
in 1964;
in 1966;
000
000
000
000
interest
of
Rate
(b)
each
right to reject
for
be
to
j certified
Lots
and
by
check
for
for
$5,000;
checks
payable
respectively, by Halsey,
Co., Inc.; Blyth & Co.,
Inc., and C. J. Devine & Co.
Stuart
Bond
Parish
Daull, Secretary Police Jury, will
receive
ceive
1950,
in
1964
to
1967,
4%
bids
until
2
March 15 for the
on
of
$360,000
interest
bonds.
as
to
will
&
furnished
be
will
Bonds
re-
at
Jury,
seller.
in
and
1952,
in
1960.
the
of the
expense
other point at the expense of
purchaser. Enclose
certified
a
of the
bid, payable to the Police
in
1967,
/;:
Authority,
Fall River Housing
Massachusetts
-
Note Sale—The
$100,000 tempo¬
loan, first series notes offered
rary
Feb.
16—v. }
awarded
169,
747—were
p.
Second'National
the
to
Bank of
Boston, at 0.88% interest.
Dated Feb.
1949.
Due Aug. 23,
23, 1949.
*
in '1961
1963
and
and
Haverhill, Mass.
$1,000,000
Offering—The
Note:
-
-
747—were awarded
Shawmut Bank,
169, p.
National
the
Boston,
0.83%
discount.
1949. Due on Nov. 8
1949.
at
Dated Feb. 17,
and
Dec.
Sale—The
Note
nue
30,
Holyoke, Mass.
notes
Feb.
reve¬
17
were
Merchants
the
awarded ! to
Na¬
Bank,, of Boston, at 0.73%
interest.
1949.
$500,000
offered
•
notes
Due
.
dated
are
Nov;
Feb.
17,
15, 1949. Payable
at the National Shawmut
Storey,
Dodge,
1968,
Legality
<
Bank, of
approved
Thorndike,
of Boston.
' Palmer -
by
&
Lawrence, Mass.
1
_
and $24,000 in 1969. Principal and
interest
Treasurer
(M-SV
Police
payable
at
the
Note
manche,
Jury's office, or t ceive
mm
notes
Shawmut
of
Bank,
discount,
0.73%
the
to
exceed 4%
Battle Creek School District,
gen¬
eral
169,
and
&
the
Trust
as
trust
St. Louis,
of Mil¬
upon
of
Co.,
100.02, a basis of about 0.99%.
March
1,
1949.
Due on
of
plus
Boston,
at
premium
a
$1.00. The second highest bid¬
der
of
the
was
First
National
naming
Boston,
Bank
rate
a
Bond
1949.
Sale—The
eral obligation bonds
to
as
Dated Jan.
due
are
Nov.
on
Dodge, of Boston.
not
rary
loan,
first
notes of¬
169, p. 747—
series
to
a
gen¬
offered Jan.
or
cashier's check for
or
payable
District
the
to
Township School District
(P. O. Webberville),
No.
6
Mich.
Sale
Bond
:
Details—The
$26,000
H. V.
McDonaldof Detroit,
previously noted in v.
school bonds purchased by
Sattley
&
Moore
Offering—John N. Daley,
4%
certified
Leroy
4s, at a price of par.
1, 1949. Due on July 1
exceed
de¬
Treasurer.
utility
Authority, Mass.
Note Sale—The $50,000 tempo¬
Housing
be
House,
be agreed
with the purchaser. Enclose
upon
O.
Boston or New City Controller, will receive sealed
approved
by bids until 10 a.m. (EST) on Feb.
Thorndike,
Palmer
& 24 for the purchase of $762,000
Milford
School
the
at
such other place as may
in
Legality
Storey,
will
Bonds
expense.
livered
Payable
York.
delivery
shall fur¬
execution at
his
from 1950 to 1964 inclusive.
Bond
the
to
The purchaser
nish bonds ready for
thereof.
of
2,
prior
purchaser
Detroit, Mich.
notes
upon
one
unqualified opinion of Miller,
Canfield, Paddock & Stone, of De¬
troit, which opinion will be fur¬
nished
without expense
to the
169, p. 423—were awarded
Watling, Lerchen & Co., of
Detroit,
shall be conditioned
Bids
any
on
the
$640,
$150,000
bond
shall be at
27—v.
0.737%.
The
(P.
multiple of lk
a
one
rate only.
period
coupon
Dated
5
be in
may
1%. The interest rate for each
of
Is, at a price
at
as
company
interest to
Co.,
No.
such bank or
be agreed
with the purchaser. Rate of
payable
(M-S)
Commerce
-
Milwaukee
waukee, jointly,
of
to
648—were awarded
Mercantile
the
Bank
p.
Due $4,000 March 1, 1950
1957.
Principal and interest
$1,000.
obligation bonds offered Feb.
10—v.
to
$500,000
1, 1949. Denom.
bonds. Dated Feb.
Mich.
Sale—The
tem¬
National
purchase of $32,000 not to
interest school coupon
for the
MICHIGAN
Bond
—
Lewis, Secretary of the Board of
Education,
will
receive
sealed
bids until noon (EST) on Feb. 24
by Robert Hawkins &
Co.
Lansing), Mich.
loan notes offered Feb. 17
awarded
were
Offering
Bond
high bid of 101.159 for 2s
made
8, Mich.
Francis C.
School District No.
March 1 from 1950 to 1964 incl.
on
Agricultural
Rural Frac.
Lawton
are
and mature
1949
1,
School District
Lynn, Mass.
Sale—The $800,000
Note
169,
as
543—were sold as 4s, at a
p.
price of 100.003,
basis of about
a
3.99%.Mount
interest public
street railway refunding,
series
R,
coupon
or
registered
bonds. Dated Feb. 1, 1949. Denom¬
&
jointly,
Co., and
Co., both
Clemens,
Bond Sale—The
disposal
age
offered
bonds
Mich.'
$2,000,000 sew¬
system
Feb.
revenue
169, p.
16—v.
Feb. 1, as fol¬ 648—were awarded to a syndi¬
fered
Feb.
14—v.
lows: $51,000 in
1957, $72,000 in cate composed of Braun, Bosworth
were
awarded to the Home Na¬
& Co., Inc., Toledo, Stifel, Nicotional Bank, of Milford, as 0.84%. 1958, $148,000 in 1959 and 1960,
$143,000 in 1961, $129,000 in 1962, laus & Co., Chicago, Estabrook &
Interest pus a premium of $3.00.
and $71,000 in 1963.
The bonds Co., New York, H. V. Sattley &
Dated Feb. 21,
1949.
Due Jan.
shall be subject to call for re¬ Co., Detroit, Hornblower & Weeks,
20, 1950.
The second highest bid¬
demption prior to maturity at the of New York, Nordman & Verral,
der" was
the National
Shawmut
option of the City on any interest of Detroit, and J. M. Dain & Co.,
Bank, of Boston,, at 0.88% interest.
payment date on or after Feb. 1, of Minneapolis,
at a price
of
Newton, Mass.
1954, in inverse numerical order 100.055, "a net interest cost of
Bond Sale—The $1,500,000 pub¬ at par and accrued interest plus about 3.049%, as follows:
lic building bonds offered Feb. 16 premiums as follows: $20 on each
$100,000 3s. Due on Oct. 1, 1953
—v. 169, p. 747—were awarded to
bond called for redemption on or
and 1954.
a
syndicate composed of Phelps, prior to Feb. 1, 1956; $15 on each
350,000 2%s. Due on Oct. 1 from
Fenn & Co., Inc., Stone & Web¬
bond called for redemption after
1955 to 1960 incl.
ster
Securities
Corp., Goldman. Feb. 1, 1956, but on or prior to
435,000 3s. Due on Oct. 1 from
Sachs & Co., and the Equitable Feb. 1,
1958; $10 on each bond
1961 to 1966 incl.
Securities Corp., as l%s, at a price called for redemption after Feb.
525,000 3V4s. Due on Oct. 1 from
of 101.50, a basis of about 1.587%.
1, 1958, but on or prior to Feb. 1,
1967 to 1972 incl.
The bonds are dated Feb. 1, 1949 1960; $5 on each bond called for
590,000 3s. Due on Oct. 1, from
and mature on Feb. 1 from 1950 redemption after Feb. 1, 1900, but
1973 to 1978 incl.
to 1969 incl. Second high bid of on or prior to Feb. 1, 1962. Interest
The bonds are dated March 1,
101.339 for 13/4S was made by a F-A. The cost of printing and de¬
1949
and
those
maturing from
syndicate composed of Whiting, livery of the bonds will be borne
1956 to11978 are callable begin¬
Weeks & Stubbs, Paine, Webber; by the City.
The bonds will be
ning on Oct. 1, 1955, at varying
Jackson & Curtis, First of Mich¬ delivered in New York City, or
premiums depending on the date
igan Corp.,.R. L. Day & Co., and Chicago, upon payment of amount
of redemption.\
,r<?j
Robert Hawkins & Co.
named in proposal and of interest
;
on principal accrued to date of de¬
Otisville, Mich.
Quincy, Mass.
livery.
Payment to be made in
Bond Offering—Lorenz Daenier,
Note Sale-—The issue of $500,000
Federal Reserve funds in Detroit.
Village Clerk, will receive sealed
revenue notes offered Feb. 17 was
Enclose
a
certified or cashier's bids until 8 p.m. (EST) on Feb.
awarded
to
the
Merchants Na¬
check for 2% of the par value of 28 for the purchase of $90,000:,not
tional Bank of Boston, at 0.71%
the bonds, payable to the City.
to
exceed
3V2%
interest;5wat&r
discount,, plus a premium of $1.50,
supply
system revenue
coupon
The National Shawmut Bank of
Detroit, Mich.
bonds. Dated Feb. 1, 1949. Denonri.
Boston, second high bidder, named
Bond Sale—The $793,105.22 1948
$1,000. Due July 1, as follows:
a
rate of 0.72%, plus a premium
special assessment bonds offered $2,000 in 1953 to 1956, $3,000 in
Of $1. '
'
Feb.
16—v.
169,
p.
74-7—were 1957 to 1965,. $4,000 in 1966 to
The notes are
dated Feb.
17; awarded to Braun, Bosworth &
1975, and $5,000 in 1976 to 1978.
1949. Due on Nov. 16, 1949. Pay¬
Co., Inc., as l%s, at a price of Thebonds will be subject to
able
at
the
National, Shawmut
100.21, a basis of about 1.64%, as redemption prior to maturity, at
Bank,
of Boston. Legality ap¬ follows:
the option of the Village, in in¬
proved
by
Storey,'^Thorndike,
$42,913.70 street paving, series A verse numerical order, on any one
Palmer & Dodge, of Boston.
"
or
more/interest payment dates
bonds. Due March 1, 1950.
604,206.04 street paving, series B on and after July 1, 1951; pro¬
Somerville, Mass. »' "
,
•
Boston.
1966,
in
$23,000
The
1.71%.
March
ination $1,000. Due
«►
,,
-V;
The
$15 000
and
$22,000
^
.; v'rr :/>
MASSACHUSETTS
$14,in
1950.
$19,000
1962, $20,000 in
; 1.964, $21,000 in 1965
C
the
to
cashier's check for 2%
tional
1953 and 1.954, $16,000 in 1955 to
1957, $17,000 in 1958 and 1959,
$18,000
<
purchaser.
Delivery will be made at
1949. DeMarch J,
1,
Due
$13,000
1.951
pur¬
exceed
about
of
New York if^desired.
in
•
lice
p.m.
'
'
the
delivered
be
purchaser at the office of the Po¬
of
Ber-
improvement
March
$1,000.
follows:
in
not
public
Dated
nomination
.' 000
;
approving opinion of
Cutler, of Chicago,
'The
Chapman
16—v.
Plaquemine), La.
Offering—J. Gerald
sealed
(CST)
chase
•
on
Due
..
,
10:30
March 17 for the
purchase of $350,000 not to ex¬
ceed 4% interest public improve¬
ment bonds.
Dated April 1, 1949.
,(CST)
a.m.
to
O.
ret, Secretary Police Jury, will
;
until
bids
sealed
temporary loan notes offered Feb.
(P.
Au¬
The
Boston.
Ropes,
porary
Parish (P. O.
Covington), La.
Bond Offering — Henrietta K.
Clyde S. England, City Treasurer.
Iberville
of
Bank
&
St. Tammany
to
LOUISIANA
Nov. 1, 1948. The second
$124,000 water
highest .bidder was the First of
on Feb.
15—
Michigan Corp., and. Philadelphia
v.
169, p. 747—were awarded to National
Bank, Philadelphia, joint¬
R. L. Day & Co., of Boston, as
ly, for 3s, at a price of 102.90.
l%s, at a price of 100.287, a basis
Rugg,
headed,
any or
(a)
(a), (b) and
together to be accompanied
a certified or cashier's check
(c)
by
in his proposal,
and
both principal and interest
will be payable at the Second Na¬
tional
'
May 1, in 1950
on
Dated
Gray, Best, Coolidge &
March 1 from 1951 to 1953 inclu¬
of Boston, approving the
sive.
of the notes and of the
New Orleans, La,
Bonds Not Sold—The filing of guarantee of the payment of the
Dearborn, Mich*
another suit contesting the legal¬ principal of and interest on said
Note Sale—The $200,000 tax an¬
notes by the Commonwealth. The
ity of the issue prevented the city
ticipation notes offered Feb. 15—
from proceeding with the sale of expense of such opinion will be
v.
169, p. 648—were awarded to
borne by the Authority. The notes
the
$15,000,000 Union Passenger
the Manufacturers National Bank,
Terminal revenue bonds, Contract will be delivered to the purchaser
of Detroit, at 1 Vz % interest. Dated
at said bank against payment in
No.
1, which was scheduled for
Feb. 1, 1949.
Due March 1, 1950.
Boston funds. Arrangement will
Feb. 15—v. 169, p. 647. Three syn¬
be made for payipent at maturity
dicates entered bids for the bonds,
Delhi and Windsor
Twps. Frac.
City
accompanied
cashier's
or
at the rate per annum
Mass.
validity
Lots
$2,500; bids for lots
*.
by
named
be
to
the bidder.
(a), (b) and (c) together. No bid
accepted for less than par and ac-
Bids
1949. Said notes will bear interest
000
Jury:
the
of
000
(c)
bids.
purchase
fixed in the
proposal accepted^ for the pur¬
chase of said notes, will be issued
'
,
follows: $39-
—mature March 1, as
the
for
Due
G
series
paving,
alley
bonds.
.
offered
notes
was
23
F,
series
Sale—The
Note
main
Second
(b)
the
Offering—William A. Cur¬
Note
paving,
Due March 1, 1950.
and 1951.
South Deerfield Water Dist.,
$150;000
temporary loan, first series notes.
Dated March 2, 1949. Due Sept. 2,
serial numbers 101 to 200. Lot
and
2,896.84
Authority,
Housing
March 1, from 1950 to
alley
bonds.
23, 1949, at the above bank,
against payment in Boston funds.
Boston, until 1 p.m. (EST) on Feb.
amount
interest
Feb.
Best, Coolidge & Rugg, of Boston.
Lawrence
1
No.
District
exceed 4%
not to
(a)
225.
2,115.90
public
175,000
Bids are requested for: Lot
serial numbers 1 to 100. Lot
to
of Boston. The
notes will be delivered on or about
improvement bonds being offered
for sale on Feb. 28—v. 169, p. 542
the
all
been
the legality of which has
approved by Ropes, Gray,
series E bonds.
sewer,
on
1952, incl.
Thorndike,
Storey,
& Dodge,
Palmer
Housing Board,, 18 Tremont Street
any
reserves
order,
Due
Legality
Boston.
of
by
approved
dated
or
cumulated
tify that the bonds are issued un¬
der authority of a City Council
Bank
108,352.78
the Second Na¬
Payable at
tis, Chairman, will receive sealed
bids at the office of
the State
1964.,? Interest F-A.
201
on
National Bank of Bostan will cer¬
Jefferson
(P. O. Shrewsbury), La.
Bond Offering Details—The $1,-
1959: 1% from Feb. 1, 1959 to Feb.
1964: no premium after Feb. 1,
numbers
due
March 1/ 1949 and
Nov. 3, 1949. The Second
Dated
year.
1949.
tional
Massach usetts
Jefferson Parish, East
City.
1954, $10,000 in 1955
$12,000 in 1960 to 1964,
$14,000 in 1965 to 1.969. Re¬
serial
$750,000 notes issued in anticipa¬
tion of revenue for the current
Jury, must accompany each bid.
1,
-
.
$9,-
follows:
as
demption. prior to maturity; pre¬
3% prior to Feb. 1, 1954;
2%% from Feb, 1, 1954 to Feb. 1,
.
a
$],-
Dated
mium
'
on
1963, $20,000
$21,000 in 1968,
and $22,000 in 1969. Principal and
interest
(A-O)
payabel at the
Chase National Bank, New York
1959,
and
check
purchase at discount of
24 for the
$19,000 in 1962 and
Denomination
000 in 1950 to
28, 1948. A certified
solvent
Louisiana
Dec.
on
sealed
p.m.
revenue
1949.
1,
tion
are
at the elec¬
bonds authorized
the
These
Smith,
(CST) on
Feb. 23 for the purchase of $225,-
;
him.
to
T.
Russell, Ky.
Offering — W.
Bond
cost
without
receive
.
bids
furnished to the successful bidder
April T, as follows: $13,000 in
$14,000 in 1951 and 1952,
$15,000 in 1953 and 1954, $16,000
in 1955 to 1957, $17,000 in
1958
and 1959, $18,000 in 1960 and 1961,
$11,000, payable to the above
\ Secretary.
City
man
on
the
and
approving opinion of Chap¬
6c Cutler, of Chicago, will be
the
bonds author¬
Nov. 2, 1948, by a vote of 5,121 to
1,348. The purchaser will be fur¬
,
chaser.
highest and best
the
are
the
at
the bid
on
by the Board of Edu¬
be
to
The
bank specified by the pur¬
A certified transcript and
at any
Offering—Alfred
City
bids
Courte-
Treasurer, will
until
11
a.m.
on
re¬
Feb.
.
,
..
"
Note Offering — City Treasurer,
Collins,< will * receive
sealed bids until 11 a.m. (EST) on
Feb. 21 for. the purchase of $1,000,000
temporary loan
notes.
Dated Feb. 21, 1949. Denomination
$50,000 and $25,000. Due Nov. 8,
bonds.
Due on March
1950 to
1952, inch
.
Walter " E.
10f
*
,<
i'»
(i; ,<•
»>;
1, from
the
15,391.78 sewerrr series C bonds.
Due May 1, 1950.
17,228.18 sewer, series D bonds.
Due on March 1, from 1950 to
1952, incl.
//
•
v.'.,*
'
'
vided
'>■<->!
;ti''
■fS.I
that
no
bonds of less
entire issue
shall
any
be
time
Each
than
then outstanding
called for redemption
prior
bond called
for redemption
redeemed
shall
be
value
thereof
and
at
1, .1956.
July
to
at 'the
accrued
par
inter--
*' •"
1
J'V
t
f
r o (
i
"i
Volume
est, plus
169
Number 4779
-
premium in accordance
following schedule: $30
for
redemption on or
after July 1, 1951, but before July
1, 1959; $25 if called for redemp¬
with
if
of
a
the
tion
on
after
or
July 1, 1959 but
from
1962,
but
on
July
before
or
1,
1965; $15 if called for redemption
or after July
1, 1965, but be¬
fore July 1, 1968; $10 if called
for redemption on or after July 1,
1968, but before July 1, 1971; $5
if called
for
redemption on or
after July 1, 1971, but before July
1, 1974; and no premium if called
for redemption on or after July 1,
on
1974.
interest
of
Rate
in
be
to
a
multiple of V\ of 1%. The inter¬
est rate for each coupon period on
any one bond shall be at one rate
only. Interest J-J.Bids shall be
conditioned upon the unqualified
opinion of Berry, Stevens, Barbier
& Evely, of Detroit, approving the
legality of the bonds. The cost
of said legal opinion and of the
printing of the bonds will be paid
by the Village. Bonds will be de¬
livered at Detroit.
tified
or
Enclose
cer¬
a
cashier's check for $1,800,
payable to the Village Treasurer.
Due
1950
160,000 2s.
to
Due
March
on
of
Union
March 1 from
March 1,
bonds
2s,
1.966%,
or
a.
was
Walker
dated
are
&
County (P. O.
receive
(CST)
purchase of
S500,000 county court house bonds.
Dated March 1, 1949. Due $25,000
March and Sept. 1, 1951 to 1957,
and $30,000 March and Sept. 1,
1958 to March 1, I960. Principal
and interest payable at any suit¬
able
banking
institution
desig¬
nated
by the successful bidder.
County
Auditor,
sealed
on
in
p.m.
the rate
name
of interest
2
the
for
8
Bidders to
1/10
will
until
bids
March
multiple of
a
which
except
may
These
at the
are
be
to
as
made
the bonds authorized
general election
1948.
Enclose
tified
check,
cashier's
a
to
cer¬
or
draft
bank
or
payable
$5,000,
Nov. 2,
on
for
County
the
Treasurer.
Pequot Lakes, Minn.
High Bid — High bid for
the
$30,000 water works plant and
system bonds offered Feb. 10—
v.
169, p. 543^—was submitted by
the Perham State Bank, of Perham, naming an interest rate of
2i/2%. Dated Feb.
1, 1949. Due
Feb.
1
sive.
No
from
been ;< made
bids
1950
award
were
the
because
too
inclu¬
1957
to
of
bonds
has
construction
(CST) on Feb. 21
for
the
purchase of $6,500 3%
water works bonds. Dated April
1, 1949.
Due April 1, 1969, op¬
tional April 1, 1954. These are the
bonds
held
noon
authorized
NEW
sold to
First National Bank, of Memphis,
and Associates, as 2s and 2xAs.
-
Greenwood, Miss.
The $30,000 flood
protection bonds offered Feb. 11—
v.
169, p. 648—were awarded to
the
First
National
Bank,
of
Memphis, as 2s, at a price of 100.<78,. a basis of about 1.88%. Dated
March 1, 1949. Due on March 1
Sale
—
from 1950 to 1959 incl. The sec¬
ond highest bidder was Herman
Bensdorf & Co., for 2s, at a price
of 100.12.
\
f:
MISSOURI
>V
the
at
Bonds Sold—An issue of
water system
$25,000
improvement bonds
Co., of Kansas City, at
par,, as follows:
price of
a
N
as
City Treasurer, will
re¬
11
discount
at
$500,000 notes issued
tion
of
Bond Sale—The $289,000 public
.
bonds
sewer
169,
p.
group
&
offered
748—were
Feb.
15—v.
awarded
to
a
cojmposed of Geo. K. Baum
Co.. Lucas, Eisen & Waeckerle,
both
of
Bankers
Kansas
Bonds
&
City,
and_the
Securities
Co.,
cashier's or treasur¬
$2,400, payable to
taxes
in
the
for
■'
Nashua, N. H.
Note Offering—Alfred O. Pouliri, City Treasurer will receive
11
a.m.
Feb.
on
24
for
purchase at discount of $200,in anticipation of
000 notes issued
taxes for the current year. Dated
Feb. 24, 1949 and due on Dec. 1,
Notes will be authenticated
Offering—John
at
Gold-
not
coupon
vided
to
exceed
6%
registered
or
as
di¬
Assessment
Due Dec.
1, 1950.
32,000 General
bonds.
bonds.
:
and
whole
par,
on
MEXICO
Due
Dec.
1,
fol¬
as
lows: $3,000 in 1950, $1,000 in
1953, $10,000 in 1954 and 1955,
$8,000 in 1956.
and
7,000 Emergency Housing bonds.
Due Dec. 1, as follows:
$1,000
in 1949 to 1951, and $2,000 in
1952
and
1953.
1, 1948. Denomina¬
Principal and interest
payable at the Rutherford
(J-D)
check
Bank, Carlstadt Branch,
Carlstadt.
Each
mitted must
terest
to
be
a
must
proposal
be
borne
the
sub¬
the rate of in¬
name
by
rate
the bonds
named
must
multiple of 1/20 of 1%
be
-
the
same
for
all
and
the
The successful bidder will
be furnished with the opinion of
Reed, Hoyt & Washburn, of New
York
City,
valid
and
tions
of
for
Borough.
the
bonds
are
legally binding obliga¬
Borough.
Enclose a
the
certified,
check
that
cashier's
$860,
or
treasurer's
payable
to
the
Dated
a
for
First
District
Eaton),
Bond Offering
leka,
District
ceive
sealed
(EST)
N.
—
until
3
fire
of
1, 1949. Denomination $1,200.
$1,200 Feb. 1, 1950 to 1959.
Principal and interest payable at
Due
District
Treasurer's
of
1/10
of
for
same
bonds
1%,
all
will
successful
of
the
be
bidder
<
office.
bonds.
the
at
a
Neck,
fcxtendea
The
—
in
bonds, as noted
2738—and obtained a
168, p.
v.
option
(renewable for a
similar period) on the remaining
balance
not
of
$1,410,000 bonds did
its original opinion
exercise
for the
dent
the
to
areas
yet
been
has
taken
option
litigation inci¬
projected
of two
as
that
reason
annexation
by the City has not
ended.
The
group
additional
an
30-day
/
;
;
sealed bids until 3 p.m. (EST) on
Feb. 23 for the purchase of $52,OCO not to exceed 5% interest genr
eral
improvement, 1949 coupon or
registered bonds. Dated March 1,
Denomination
$1,000.
Due
1950
1952, $6 000 in 1953 and 1954,
$4,000 in 1955, and $5,000 in 1956
to
NEW
Sale
interest
be
must
the bonds.
(M-S)
the
be
to
for
same
all
of
at the Chase
Na¬
Ban^, New York City. The
bonds
will
delivered
be
York, N. Y.,
at
New
at such other place
or
as
may be agreed with the
chaser about March 10, 1949.
pur¬
The
approving opinion of Vandewater,
Sykes, Heckler & Galloway,* of
New York
to the
close
City, will be furnished
purchaser without cost. En¬
certified or cashier's check
a
$1,040, payable to the Village.
Neely,
$19,000
con¬
will
Village
receive
Clerk-Treasurer,
sealed
bids
until
10
Feb. 28 for the
v.
169, p. 649—were awarded to purchase of $85,000 not to ex¬
ceed 5% interest improvement of
Erickson, Perkins & Co., of Roch¬
ester. Dated Feb. 1, 1949. Due on 1949 coupon or registered bonds.
Denomina¬
Aug. 1 from 1949 to 1953 inclusive. Dated March 1%, 1949.
bonds
offered Feb.
11—
(EST)
a.m.
on
tion $1,000.
Bergen,
Bond
N. Y.
'
Sale—The $53,500 electric
revenue, series 1949 bonds offered
Feb. 14 — v. 169, p. 748 — were
of
to
E.
Rollins
H.
&
Sons,
New
York, as 2.40s, at a price
100.42, a basis of about 2.36%.
Dated Feb. 1,
1950 to
from
second
1949. Due
1976
highest
June 1
on
inclusive.
'bidder
The
the
was
Manufacturers and Traders Trust
Co., Buffalo, for 2.40s, at
100.21.
:*.
price
a
of
'
/
lows:
Due March 1, as fol¬
$20,000 in 1953
and
be in
1/10
1%,
of
a
1954. Rate of
multiple of Vi
must be the
for all the bonds. Principal
same
and interest
County
livered
(M-S) payable at the
Co.,
Trust
The
Hudson.
on
and
Hastings-on-
bonds
or
about
will
be
de¬
March
10,
1949, in New York City, or at such
other
place
as
.may
be
agreed
with the purchaser..
The
approving
opinion
of Caldwell,
upon
Carroll, Frewsburg Water District Marshall, Trimble & Mitchell, of
New York City, will be furnished
(P. O. Frewsburg), N. Y.
Bond Offering—Carl Thierfeldt, to the purchaser without charge.
Town
-Supervisor,
will
receive Enclose a certified or cashier's
sealed bids until 3 p.m. (EST) on check for
$1,700, payable to the
Feb. 28 for the purchase of $160,Village.
/.
/. ■ ■
000
not
water
to
exceed
system
5%
interest
registered
bonds.
Dated Jan.
1, 1949. De¬
nominations $1,000 and $500. Due
Jan. 1, as follows: $3,000 in 1950
to
1959, $4,000 in 1960 to 1969,
and $4,500 in 1970 to 1989.
Rate
of interest
Vi
or
coupon or
to
be
in
multiple of
1/10 of 1%, and must be the
same
for
cipal
and
all
livered
the
interest
at First Nat.
Falconer.
of
Bank
The
on
or
a
bonds.
(J-J.)
of
bonds
Prin¬
payable
Falconer in
will
about
be
de¬
March
15,
Hempstead, Elmont Fire District
(P. O. Elmont), N. Y.
$22,000 fire ap¬
Bond Sale—The
the
Rockville
March
from
Centre,
1949.
1,
1950
to
as
1.70s. Dated
Due on March 1
time
and
West
Long
Beach
(P. O.
1
$13,500
lateral-
Feb.
on
15—
about
1.84%.
from
1950
to
Dated
March
on
1955
inclusive.;
Second
high bid of 100.16 for 2s
was
made
by the„v South Shore
Trust Co., Rockville Centre.
,
Island
N. Y.
$24,000 general
Park,
Sale—The
Bond
improvement
of
1949
bonds
of¬
fered Feb. 14—v. 169, p. 649—were
awarded to the South Shore Trust
Co., of Rockville Centre, as 2.60s,
a
price of 100.14, a basis of
at
about
Due
2.57%.
Dated Feb. 1, 1949.
1 from 1949 to 1958
Aug.
on
inclusive.
Islip and Smithtown Union Free
School District No. 6 (P. O.
Hauppauge), N. Y.
Bond
Offering—Arthur T. San-
District
will receive
(EST) on
Feb. 23 for the purchase of $45,000
not to exceed 5% interest building
coupon or registered bonds. Dated
Feb. 1, 1949. Denomination $1,000.
Due Feb. 1, as follows: $4,000 in
1950 to 1954, and $5,000 in 1955 to
1959. Principal and interest (F-A)
ford,
sealed
Clerk,
bids until 3 p.m.
payable at the District Treasurer's
office. Rate
of interest
multiple of Vi
must
be
The
bonds.
or
be
to
in
a
1/10 of 1% and
for
same
bonds
all
.
will
school
the
at
ered
the
of
be
the
deliv¬
house,
or
at
such other place as may be agreed
with
the purchaser about
15, 1949.
The approving
opinion of Wood, King & Dawson,
of New York City, will be fur¬
nished to the purchaser without
charge.
Enclose a
certified or
cashier's check for $900, payable
to the District.
:
>•'
' '. M
upon
March
New
York City Housing
New York
Note
Sale
15—v.
awarded
as
169,
New
750,000
749—were
p.
follows:
the
to
$500,000
$1,250,000
housing notes offered
emergency
Feb.
Authority,
The
—
Lehman
Bros.,
York, at 0.99% interest.
to
the Central
Hanover
Bank & Trust Co., New York,
at 1.00%
mium
interest, plus
March
Dated
a
pre¬
of $12.00.
1,
1949.
Due on
Sept. 1, 1949.
(P. O.
Bay), N. Y. '.
Bond Offering—Harry Tappen,
Town
Supervisor,
will
receive
sealed bids until 10 a.m. (EST) on"
March 1 for the purchase of $97,Oyster Bay
Oyster
$36,000 Water,
49,500 Water,
sealed
bids
in
care
1948
bonds.
De-:
nomination $1,000. Due $2,000
May 1, 1950 to 1967.
1954 inclusive.
Hempstead, North Bellmore
Fire District, N. Y.
B ond Offering — Mortimer
fice,
other
pay¬
p.
receive
such
$900,
interest
bonds offered Feb. 10— 000 not to exceed 5%
544—were awarded to coupon or registered bonds, di-;
South
Shore
Trust Co.,
of vided as follows:
169,
v.
1949, at the Town Supervisor's of¬
at
for
paratus
Pearlstone, District Secretary, will
or
certified
$15,000 in 1950 to 1952, and
interest to
or
•
purchaser
a
1, 1949 and due
1/10 of 1%,
Principal and interest
payable
tional
or
Hastings-On-Hudson, N. Y.
Bond Offering — William J.
Y.
N.
The
—
of
Rate
multiple of Vi
a
and
YORK
Andover,
Bond
1958.
in
for
the unsold bonds.
on
March
Offering—Joseph F. Mock,
receive
•
such
649—were awarded to
Weigold & Co.,
New!
1.90s, at a price of 100.18,^
as
basis of
a
$240,
Y.
N.
Wood,
at
p.:
E.
York,
certi¬
will
check
Sale—The
169,
Chas.
payable to the District.
Treasurer,
the
Enclose
bonds offered
sewer
are
for
or
Hempstead), N. Y.
Bond
....
v.
check
The
on
&
or
Sewer District
District
Enclose
cashier's
or
to
cost.
Hempstead,
the bonds will be furnished to the
fied
City,
furnished
the
office, on or about
Feb. 28, 1949, and he will be noti¬
fied when the bonds
Delafield
York
cashier's
or
The
to
bonds.
able to the District.
Treasurer's
successful bidder.
New
without
a
delivered
the
delivered
1, 1949, at the office
Hawkins,
be
multiple
must be the
and
mul¬
a
ing opinion of Hawkins, Delafield
& Wood, of New York City, will
Feb.
the
Bellmore.
in
other place as may be agreed upon
with the purchaser.
The approv¬
apparatus, 1949
registered bonds. Dated
Rate of interest to be in
of
be
of
p.m.
fighting
coupon or
all
will
about March
re¬
Feb. 23 for the purchase
of $12,000 not to exceed 5% inter¬
est
Denomina¬
Bank,
interest to be
for
bonds
on
bids
1949.
National
of
same
Y.
William Ring-
Treasurer, will
1,
tiple of Vi of 1% and must be the
O.
(P.
March
'
Rate
Fire
and apparatus,
registered bonds.
or
Due March 1, as fol¬
lows: $5,000 in 1950 to 1954, and
$4,000 in 1955 to 1959. Principal
and interest (M-S) payable at the
:
Eaton
vehicles
coupon
tion $1,000.
bid, de¬
.
National
1949
bid¬
March 1, as follows: $7,000 in
sewer revenue
30-day
of
Improvement
cashier's
or
-.
and
in
syndicate headed by Shields &
Co., New York, and Stern Bros.
& Co., of Kansas City, which on
Dec. 21 purchased $1,500,000 water
awarded
$4,000 Street
Each
to
interest
bonds,
follows:
Wash¬
condition precedent
as a
certified
1955
1,
price of
a
Option
struction
K.
&
City, that the
binding ob¬
posit with the Town Supervisor
the
Albuquerque, N. Mex.
Bond
sealed bids until 8 p.m. (EST) on
March 9 for the purchase of
$43,000
must,
1949.
genuineness and validity by
the First National Bank of Boston,
under
advice of Storey, Thorndike, Palmer & Dodge of Boston.
Borough Clerk, will receive
Hoyt
and
to the consideration of his
to
as
Reed,
valid
ligations of the Town.
der
that
callable
NEW
1949.
as to genuineness and
by the First National
Bank of Boston, under advice of
Ropes, Gray, Best, Coolidge &
Rugg of Boston.
'"J
'■■■■> y
1849*
fighting
New York
are
Village
anticipa¬
year
validity
until
part,
of
thenticated
the
of
of
bonds
Bond
1, 1954 or on any sub¬
sequent interest payment date.
23, 1949 and due on
Sept. 23, 1949.
Notes will be au¬
bids
March
are
purchase of $45,-
burn
Great
announced
for the
opinion
sub¬
was
March
Feb'.
Dated
bidder
for
due
in
or
Feb. 23
on
a.m.
of
and
check
bonds
bonds.
Mexico, Mo.
valid
er's
P.
purchase
all
for
same
Borrie, Denton Building,
until 3 p.m. (EST) on
23
000 not to exceed 4% interest fire
the Borough.
HAMPSHIRE
e
the
for
the
The successful
certified,
a
Manchester, N. H.
Offering — James
t
o
bid for and
314s. Due on Aug. 1
from 19^9 to 1953 inclusive.
$2,000'
coupon or reg¬
Bond Are Optional—It
Dated Dec.
has been sold to A. H. Bennett &
on
legally binding ob¬
ligations of the Borough. Enclose
election
tion $1,000.
Mo.
City,
King
be
thereafter
Bond
000 bridge bonds has been
Bond
must
are
Feb. 4.
on
swer,
of $450,-
(EST)
The successful
53
bidder will be furnished with the
Eaton,
8 p.m.
housing
sequently
Forrest
Sold—An issue
J.
H.
Mineola,
ready for
The approving opinion
will be furnished with the opin-' delivery.
of Michael S. Powers,' of Morrision of Reed, Hoyt & Washburn,
of New York City, that the bonds ville, N. Y., as to the validity of
—
F. C. Flack,
Village Clerk, will receive sealed
bids until
high.
County (P. O.
Hattiesburg), Miss.
price
a
Feb.
Supervisor.
$3,200.
emergency
Shelton, Neb.
NEW JERSEY
.
Co., for 2.60s, at
Feb. 28 for the purchase of $120,000
not
to
exceed
6%
interest
Offering
Carlstadt, N. J'.
Bonds
sec¬
Boland,
100.36.
and
MISSISSIPPI
»
The
was
Town
p.
ceive bids until
legality,
conditional
upon
the approving opinion of
Dorsey, Colman, Barker, Scott &
Barber, of Minneapolis. ;
ditional,
Dated
istered
bonds.
Dated
March
1,
423—were awarded to
1949.
Denominations $1,000 and
a
group composed of the North¬
Due March 1, as follows:
western National Bank, of Minne¬ $500.
apolis; Great Falls National Bank, $11,000 in 1950, $11,500 in 1951,
of Great Falls, and Piper, Jaffray $13,000 in 1952 to 1954, $4,500 in
& Hopwood, of Minneapolis, joint¬ 1955, and $6,Q00 in 1956 to 1964.
and
interest
payable
ly, as 1.30s, at a price of 100.14. Principal
at the Lodi Trust Co.
Each pro¬
Dated April 1, 1949,
The second
posal submitted must name the
highest bidder was the First Na¬
tional Bank, of Great Falls, for rate of interest to be borne by the
bonds bid for and the rate named
1.30s, at a price of 100.14.
must be a multiple of -1/20 of 1%
169,
—v.
Bourne,
or
French-
Nov. 1 from
bidder
sealed bids until
County (P. O. Great
Falls), Mont.
Bond Sale—The $175,000 county
hospital
bonds
offered Feb.
15
rates
1%. Bids shall be uncon¬
of
the
John
Bond Offering—Joseph D. Pecella, Borough Clerk, will receive*
Cascade
Vi
or
of
169,
2.44%.
on
Lodi, N.
MONTANA
Bond
,
v.
to
—
inclusive.-
1973
&
the bonds.
Rapids), Minn.
Offering—R. J. Whaling,
Bond
to
highest
Co., and First National
Bank, of Mexico, jointly.
1
''"Grand
as may be specified by the
purchaser with the consent of the
price of 100.68,
a
about
1949
Saffin
of
Bank
1, 1948. Due
ond
1V2S and $235,-
net cost of about
made
by
G.
H.
MINNESOTA
"Itasca
of
16
(849)
places
school
awarded
2V2S, at
as
basis
Nov.
NEBRASKA
»
CHRONICLE
Dist.
$50,000
Feb.
National
town,
1949. Second high bid of
100.079 for $54,000
000
offered
544—were
p.
a
the
Township '*>ch.
Sale—The
bonds
1
1960 to 1969 inclusive.
All
FINANCIAL
(P. O. Baptistown), N. J.
Bond
»
inclusive.
1959
on
&
Kingwood
of about
,;r
i%s.
$129,000
•
price 100.015, a
1.939%,
a
interest cost
COMMERCIAL
follows:
as
before July 1, 1962; $20 if called
for redemption on or after July 1,
THE
-
Hannibal, at
net
called
'
^
,
of
bonds.
one
Series
for $500.
follows: $2,500
in
1951
1958
to
A
Denomination
to
1948
$1,000,-
Due May 1, as:
in 1950, $2,000
1957, and $3,000 in
1968.
Series
11,500 Water,
■
May 1, as follows: $1,000
1950 to 1960, and $500 in
Due
in
1961.
1, 1948.
Principal
(M-N) payable at the
Shore Bank Trust Com¬
Dated
Nov.
and interest
North
to
Oyster Bay. Rate of interest
be in a multiple of
or 1/10
of
1%
pany,
and must be the same
for
Said bonds will
delivered at New York, N. Y.,
at such other place as may be
all of the bonds.
be
or
Bond
$500.
Denomination-
bonds.
'■
1948
B
agreed with the purchaser, about
10, 1949.
The approving
March
& FINANCIAL
COMMERCIAL
THE
(850)
54
Lillington, N. C.
Sale—The $50,000
169, p. 650—were
v.
street
improvement- bonds offered Feb.
15—v. 169, p; 749—were awarded
to Kirchofer & Arnold of Raleigh,
Trust
veen
R.
S.
of
composed
group
&
warded to a
the Harris
Savings Bank, John Nu-
a
dicate composed
OHIO
&
City School District, Ohio
Bond Sale — The $2,780,000
of Bear, Stearns
Co., Francis I. du Pont & Co.y
of New York, Ohio Co., of
both
Akron
100.915 for 214s was made
*
:
equipment bonds offered
were
awarded to Field;
Richards & Co., of Cleveland, as:
23/4s, at'a price of 101.51, a basis
sealed
14
Feb.
Education,
bids until 8
of the Board of
receive
will
$70,000
ing and
Offering—John W. Kropf,
Bond
Clerk
Sale—The
Bond
School District, Ohio
/
build¬
Ohio
Solon Local Sch. Dist.,
Village
Exempted
by the-
First Cleveland Corp.
Sutherland & Co.
Orrville
both of Chicago, and
Dickson & Co., New York,
made by.<
101.422 for 2% s . was
of
Ryan,
& Co.,
as
l%s, at-a price of 100.06, a
price of 100.155, a net interest
basis of about
1.74%.
Due on
cost of about 2.366%, as follows:
Sept. 1 from 1950 to 1969 inclu¬
$30,000 214 s.
Due on March 1 sive.
from 1951 to 1956 inclusive.
Additional Sale — The $380,25,000 2%s.
Due on March 1
161.53 sanitary sewers and water
from 1957 to I960 inclusive.
All
of
the
bonds
are
dated line, limited tax bonds offered on
March 1, 1949.
.>'.// said date were awarded to a syn¬
at
Monday, February 21, 1949
CHRONICLE
(EST) on March 7 for the
purchase of $500,000 3% building
bonds. Dated March 1, 1949.
De¬
p.m.
of about 2.58%.
bidder
est
The second high¬
&'
Seasongood
t was
$25,000 Mayer, for 2%s, at a price of;
100.42%.
Oct. 1, 1950 to 1969.
Bidders maybid for a different rate of interest
Somerset, Ohio
Bond Offering—James Woneyin a multiple of % of 1%.
Prin¬
cipal and interest (A-O) payable maker, Village Clerk, will receive
at .the
Orrville Savings
Bank, sealed bids until noon (EST) on
19
for the
purchase of
Orrville. ' The approving opinion March
of Squire,
Sanders & Dempsey, $8,915.10 5.% street improvement,
of Cleveland, will be furnished the special assessment bonds.
Dated,"
purchaser.
Enclose
a
certified March 1, 1949. Denomination $900,,
check or bond for $5,000, payable one for $815.10. Due March 1, asj
follows: $815.10 in 1950, and $900.
to the Board of Education.
Due
$1,000.
nomination
.
,
Columbus, Courts & Co., of At¬
lanta,
and
Dempsey-Tegeler - &
Feb. 14—v.
Co., of St. Louis, as .13/4s, at a
City, will be furnished to the pur¬ 169, p. 545—were awarded to a price of 100.06, a basis of about'
of Braun, 1.74%. Due on Sept. 1 from 1950
chaser without "cost.
Enclose a syndicate composed
certified or
cashier's check for Bosworth & Co., Inc., Stranahan, to 1974 inclusive.
Harris
&
Co., Inc.,
of Toledo,
$1,940, payable to the Town.
from 1951 to 1959 inclusive. Bid-,
All the bonds are dated March
;
Palestine Local Sch. Dist., Ohio
Field, Richards & Co., McDonald
ders may bid for a different rate,
1, 1949.
The second highest bid¬
Bond Sale—The $11,000 heating
& Co., both of Cleveland, Ryan,',
Poughkeepsie Union Free School
of interest in a multiple of V4 of
der was the First National Bank,
District No. 2 (P. O.
Sutherland
&
Co.,
of Toledo,
system installation bonds offered
1%.
Enclose a certl'ied check for.
Chicago, Braun, Bosworth & Co.,
on Feb.
15—v. 169, p. 750—were
Poughkeepsie), N. Y.
Provident Savings Bank & Trust
$500, payable to the Village Treas¬
Inc., City National Bank & Trust
awarded to J. A. White & Co., of
Bond
Sale—The $415,000 con¬ Co., of Cincinnati, Fahey, Clark
urer. V'
'"
Co., Kansas City, and Milwaukee
Cincinnati, as 214 s, at a price of
Co.,
First Cleveland Corp.,
struction bonds offered on Feb. &
Co., Milwaukee, jointly, for $1,Spencer Township (P. O.
100.70, a basis of about 2.128%.
16—v. 169, p. 749—were awarded Prescott, Hawley Shepard & Co.,
329,386.60 as 1 %s, at a price of The bonds are dated Feb. 15, 1949
Spencer), Ohio
all of Cleveland, Weil, Roth &
to J. G. White & Co., and Sher¬
100.31, and $380,161.53 as l%s, at
Bond
Sale
The $15,000
fire
and mature on March 15 and Sept.
& Isphording,
wood & Co., both o'i New York, Irving Co., / Doll
a price of 100.01.
15 from
1950 to 1960 inclusive. house building construction bonds
jointly, as 2s, at a price of 100.149, : Inc., Assel, Kreimer & Co., all of
Second high bid of 100.918 for 3s offered Feb. 16 were awarded to
Lodi Local School District,'Ohio
Cincinnati,
Merrill,
Turben &
a basis of about 1.983%. The bonds
the
Farmers
Savings
Bank of
Bond Sale—The $150,000 build¬ was made by the Second National
aire dated Feb. 1, 1949 and mature Co., of Cleveland, and Breed &
Spencer,-as 214 s, at a price of
on
Feb. 1 from 1950 to 1969 in¬ Harrison, of Cincinnati, as 2y2s, ing and equipment bonds offered Bank, of Greenville.
v.
169, p. 425 — were
101.00,s a basis of about 2.32%.
clusive.
Second high bid of 100.54 at a price of 101.84, a basis of Feb. 16
Reading, Ohio
The second highest bidder was J)
2.31%.
Dated March 1, awarded to the First Cleveland
for 2.10s was made by Coffin & about
Bond Offering
Paul Mengel- A. White & Co., for 2V2s, at a
Due on Oct. 1 from 1950 Corp. of Cleveland/ as 2V4S, at a
Burr, and & Hall & Co., jointly; 1949.
to
1971 inclusive.
Second high price of 100.11, a basis of about kamp, City Auditor, will receive price of 100.18.
; v
St. Armand (P. O. Bloomingdale), bid of 100.91 for 2V2s was made 2.23%.
Dated Jan. 1, 1949. Due sealed bids until noon (EST) on
Springfield Local School District
March 2 for the purchase of $30,New York
by a syndicate headed by Halsey, on Oct. 1 from 1950 to 1969 inclu¬
(P. O. R. D. No. 2,
^
Dated
sive.
The second highest bidder 000 3% fire engine bonds.
Stuart & Co. Inc.
Bond Offering — Mark Clarke,
,;>'/;
East Akron), Ohio
was
Hayden, Miller & Co., for March 1, 1949. Denomination $1,Town Clerk, will receive sealed
Bond Offering—Jane Maxwell,
Berlin Local School District (P. O.
000.
Due $3,000 Dec. 1,. 1950 to
2V2s, at a price of 102.13.
bids until 10 a.m. (EST) on Feb.Clerk of the Board of Education,,
Berlin Center), Ohio
1959.
Bidders may bid for a dif25 for the purchase of $9,500 not
will receive sealed bids until noon!
Bond Sale — The $7,500 con¬ Lorain County (P. O. Elyria), Ohio
rent rate of interest in a multiple
to
exceed 5% interest highway
struction and equipment bonds of¬
Note
Offering — Caroline K. of 14 of 1%.
The bonds are pay¬ (EST) on Feb. 28 for the purchase
equipment and machinery bonds. fered Feb. 8—v. 169, p. 425—were
Cummings, Assistant Clerk of the able from unlimited taxes at the of $410,000 not to exceed 4% in¬
Dated Dec.
20, 1948. Due $950
terest
building
and
equipment^
awarded to the Farmers National Board of County Commissioners,
First National Bank, Lockland. In¬
Dec. 20,
1949 to 1958. Principal
bonds. Dated March 1, 1949. De¬
Bank, of Canfield, as 2V2s, at a will receive sealed bids until 10 terest J-J.
These are the bonds
and interest (J-D) payable at the
nomination $1,000.
Due Dec. 1„
price of 100.06, a basis of about
Adirondack
National
Bank
& 2.48%. Dated Jan. 1, 1949. Due a.m. (EST) on March 4 for the authorized at the general election as /follows: $21,000 in 1950 topurchase ol $116,406.67 3% spe¬ on Nov. 2,-1948.
The approving
Trust
Co.,
Saranac
Lake. The
on
Dec. 1 from 1950 to 1956 in¬ cial assessment»notes, divided as
1959, and $20,000 in 1960 to 1969.
opinion of Peck, Shaffer & Wilbonds
will be in bearer form
Rate of interest to be in a mul¬
clusive. The only other bidder was follows:
lams, of Cincinnati, will be fur¬
without coupons, and shall not be
J. A. White & Co., for 2%s, at a
tiple of 14 of 1%. Interest J-J.
$97,761.47 Vincent County Sewer nished to the successful bidder
convertible into registered form.
price of 100.16.
Dist.
No.
6,
Water Supply without cost.' Enclose a bond or The bidder to whom the award is
Rate of interest to be in a mul¬
made shall pay the attorneys' fee,
Imp. No. 100 notes. Enclose a certified check for
1% of the
Findlay, Ohio
tiple of J/4 or 1/10 of 1% and
bond
or
certified check for bonds bid for, payable to the City. for their review and opinion of
Bond
Issue Reduced—In con¬
must be the same for all of the
the legality of all proceedings in
$1,000, payable to the County
bonds.
The bonds will be deliv¬ nection with the proposed sale on
connection with the bonds. Pur-,
Rossford, Ohio
Treasurer.
ered at the office of the'success¬ Feb. 21 of $1,200,000 water works
Bond Sale
The $18,200 im¬ chaser to pay the cost of printing
18,645.20 Griswold Road County
ful bidder on or about March 1, revenue bonds, noted in v. 169, p.
Sewer
Dist. Not
11, Water provement bonds offered Feb. 5— the bonds. • Enclose a certified
1949. The approving opinion of 650—it has since been announced
Supply Imp. No. 100 notes. v. 169, p. 546—were awarded to check or bond for $4,100, payable
B.
Gregory
Brewster, of Port that the amount of bonds to be
>
First
Cleveland
Corp.,
of to the Board of Education. /;
Enclose a bond
or certified the
Henry, will be furnished to the sold has been reduced to $1,000,check for $200, payable to the Cleveland, as l%s, at a price of
The official notice reads as
Strcngsville Village Local •,
purchaser without cost. Enclose a 000.
100.76, a basis of about 1.55%.
County Treasurer.
certified or cashier's check for 2% follows: "With reference to $1,School District, Ohio
.
. '
Dated Dec. 1, 1948.
Due on Dec.
Dated March 15, 1949. Denomi¬
of the amount of bonds bid for, 200,000
Bond Sale—The $200,000 build¬
Findlay,
Ohio, Water
opinion
of
Vandewater,
Heckler & Galloway,
Sykes,
of New York
building bonds offered
,
—
—
—
—
Works Revenue
payable to the Town.
bonds advertised
nations
as
the purchaser may re¬
February 21, quest. Due March 15, 1951. Pay¬
White Plains Housing Authority,
bids for construction of the reser¬ able
at the County Treasurer's
New York
voir were received today and the office. Bidders may bid for a dif¬
Corrected Note Sale — Salomon lowest bid was considerably be¬ ferent rate of interest in a mul¬
Bros. & Hutzler of New York was low the engineer's estimate.
We tiple of 1/4 of 1%.- Interest M-S.
awarded on Jan. 21 an issue of $1,- are therefore reducing the issue The
proceedings looking to the
to sell
next Monday,
800,000 notes at 1.07% interest, to $1,000,000 by eliminating $23,plus a premium of $27. Dated Feb.- 000 bonds due June 1, of 1971, and
2, 1949 and due on Aug. 2, 1949. In all bonds maturing thereafter and
the previous report of this sale— this is
your authofity to change
169, p. 545—it was
v.
incorrectly
noted that the amount was
000 arid the
as
bid form
the
$1,900,-
interest rate was given
City Sch. Dist.,
Ohio
Jack Wilson,
of the Board of Education,
receive
sealed
bids until
Offering
Bond
Sterling
Heights,
Garfield
1.70%.
Wolcott, Butler; Victory,
accordingly."
Clerk
—
will
Central Sch. Dist.
noon
O. Red Creek), N. Y.
(EST) on March 1 for the
Bond Sale—The $75,000 school purchase of $400,000 2J/2% build¬
bus garage bonds offered on Feb. ing and improvement, first series
15—v. 169, p. 649—were awarded bonds.
Dated Feb. 1, 1949.
De¬
to
Roosevelt & Cross, of New nomination $1,000.
Due $20,000
York, as 2Y4S, at a price of 100.45, Dec. 1, 1950 to 1969. Bidders may
a
basis
of about
2.206%. .The bid for a different rate of interest
bonds are dated Jan. 1, 1949 and in a multiple of V\ of 1%. (J-D.)
mature on Jan. 1 from 1950 to Enclose a bond or certified check
and Conquest
No. 3 (P.
1974
inclusive.
for
\
NORTH CAROLINA
Belvoir-Falkland School
District
(P. O. Greenville), N.
Sale—The $65,000
Township Local
C.
notes have been
of said
(P. O. Wheelersburg), Ohio
Sale—The $189,000 school
Bond
Inc.
.
:
Ohio
The $12,500 water
Bond
—
extension
works
Feb.
Sale
15
awarded
—
v.
to
bonds
offered
169, p. 650 — were
Ohio Co. of Co¬
the
equipment
169, p. lumbus, as 214 s. Dated March 1,
1949.
Due on Nov. 1 from 1950
545—were awarded to Ryan, Suth¬
to 1962 inclusive.
p. 749—were awarded to Griffin
erland & Co., of Toledo, as 2%s, at
& Vaden, Inc., of Raleigh, at a
a price of 101.58, a basis of about
Monroe Township Local Sch. Dist.
price of 100.029, a net interest cost 2.59%.
Dated Feb. 1, 1949.
Due
(P. O. West Manchester,
of about 2.648%, as follows:
on June and Dec. 1 from 1950 to
R. F. D. No. 1), Ohio v
The second highest bidder
$40,000 21/£s. Due on Feb. 1 from 1971.
Bond Sale
The' $40,000 im¬
1950 to 1959 inclusive.
was
Field, Richards & Co., for
provement bonds offered Feb. 14—
25,000 23As. Due on Feb. 1 from 23/4s, at a price of 101.47.
v.
169. p. 750—were awarded to
1960 to 1965 inclusive.
J. A. White & Co., of Cincinnati, as
Hamilton County (P. O.
The bonds are dated Feb.
1,
2V2s, at a price of 101.25, a basis
Cincinnati), Ohio
1949 and second high bid of par
of about 2.36%.
The bonds are
Bond Sale — The $1,329,386.60
for $20,000 l^s, $24,000 2M>s, and
dated April 1, 1949 and mature on
trunk or main line storm and
$21,000 3s, or a net interest cost of
April 1 and Oct.-1 from 1950 to
sanitary sewer, series C, unlim¬
about 2.657%, was made by the
1969 inclusive. Second high bid
ited tax bonds offered Feb. 14—
Bank of Farmville.
Bond
bonds offered on
school
Feb. 15—v. 169,
addition
bonds
building and
1954 inclusive.
1, Fayetteville),
Offering —T.-C.
Route
Bond
of the Board
Clerk
(EST)
offered Feb. 10—v.
—
J-J.
the
bonds
169,
11—v.
fered; Feb.
p.
were
land
Ohio
Baker,
awarded to the First
Corp.,
of Education,
will receive sealed
on
and Fahey,
of¬
546—i
Cleve-i
Clark •&>
Co., both of Cleveland, jointly, as
2%s, at a price of 102.14, a basis
2.52%. Dated March 1,
Dec. 1, from 1950 to
inclusive.//>:/ /"/■";//////■;:/':_|.
about
of
1949. Due on
of $36,000
chase
gymnasium
and
ing
District (P. O.
1969
Wadsworth, Ohio
*. ,0Offering—Susie Dilworth,;
•
Bond
City Auditor, will receive sealed
bids until noon (EST) on March 1
for
the
purchase of $265,000
3%'
hospital; .- addition
building ( and *
equipment bonds. " • Dated March
1, 1949. Denomination $1,000. Due
Dec. 1, as follows: $14,000 in 1950
to 1954, and $13,000\in 1955 to
—
Mentor,
Sch. Dist.
1950 to
from
Salem Local School
bids until noon
March 9 for " the pur¬
3% building and
taken
under the supervision of
equipment bonds. Dated Jan. .15,
Squire, Sanders & Dempsey, of 1949.
Denomination ' $1,000. I Due
Cleveland, whose approving opin¬
Jan. 15, as follows: $1,000 in-1951,
ion will be furnished at the ex¬
$2,000 in 1952, $1,000 in 1953, $2,-,
pense of the County.
000 in 1954, $1,000 in 1955, $2,000
in 1956, $1,000 in 1957, $2,000 in
Mariemont, Ohio
Bond Sale
The $52,060 parte -1958, $1,000 in 1959, $2,000 inf960,
$1,000 in 1961, $2,000 in 1962 $1,-'
and playground bonds offered
000 in 1963, $2,000 in 1964, $1;000
Feb.
14—v.
169,
p<
546—were
in 1965, $2,000 in 1966, $1,000 in
awarded to J. A. White & Co., of
Cincinnati, as 214 s, at a price- of- 1967, $2,000 in .1968, $1,000 in-1969,
$2,000 in 1970, $1,000 .im-1971, $2,101.40, a basis of about 2.10%.
000 in 1972, $1,000 in 1973, and
Dated
March 1,
1949.
Due on
$2,000 in 1974.. Bidders may bid
Dec. 1 from 1950 to 1969 inclusive.
for a different rate of interest in
Second high bid of 100.78 for 214s
a
multiple of 14 of 1%. Interest
was made
by Doll & Isphording,
issuance
$4,000.
Green
1
Bidders may bid
1969.
ferent rate
for a
of interest in a
tiple of :1A of 1%.
dif¬
mpl-*!;
\.
Interest J-D.
bonds authorizedat the general election on Nov/' 2',
The proceedings authorizing
1948. The bonds are payable from
issuance of the bonds have
unlimited taxes at the First Na-C
These are the
;
under the supervision
tional Bank of Wadsworth. The
Shaffer & Williams of
Cincinnati, whose approving opin¬ proceedings for the issuance of
the bonds have been taken under
ion will be furnished to the suc¬
cessful bidder without cost.
En¬ the supervision of Squire, San-*'
been taken
of
Peck,
close
bond
a
certified
or
check
of the bonds bid for, pay¬
for 1%
able to the Board
of Education.
,>
Dempsey, of Cleveland^
approving opinion may be
obtained at the purchaser's ex-;
ders
&
whose
pense.
The bidder to
whom the
Township (P. O.']
award is made shall pay the cost
Sharon Center), Ohio
of printing the bonds. Enclose a
Bond Sale — The $20,000 fire- bond or certified- check for $3,000,
Sharon
building
ment
construction and equip¬
offered Feb.-15—v.
payable to the
bonds
-
169,
251—were
awarded to
Sutherlalnd & Co., of To¬
p..-
Ryan,
ledo, as 2s, at a price of 100.335,,
a basis of about 1.94%.
The bonds
are
on
dated Jan., 1,
Oct.
elusive.;
1
1949 and mature
City.
Zanesville City Sch.
Bond
S
a
1 e
—
^
Dist., Ohio
The $2,775,000
building bonds goffered xFeb. 1L
were awarded to a syndicate com-,
posed
of;; Glore,v«',Forgan
& Co.;
from d950 : to-.1959 yin^ ,W^E. Hutton & Cqftpf New York
First of Michigan' Corp., Maynard
Second-
high,;/ bid
.
of
..
Volume
H.
169
Murch
&
-Number 4779
'
Ball, Burge
Co.,
;Kraus,: both of Cleveland,
&
Co., of Cincinnati, and
THE
&
1, 1949. Due Jan. 1, as follows:
$1,000 in 1952 to 1955, $1,500 in
1956, $2,000 in 1957 to 1962, and
$2,500 in 1963 to 1969. All bonds
Pohl
Paul
'Frederick & Co., of New York as
2s, at a price of 100.40, a basis of
about
1.95%. : Dated
March :-l;
J1
and due
from
Second
by
syndicate
a
able at the City Treasurer's office.
The- approving legal opinion of
com¬
posed of National City Bank, New
York;
Winfree,
McCulloch,■; Shuler &
Sayre, of Portland, will be fur¬
W. > Pressprich & Co.;
Lynch, Pierce, Fenner &
Beane, Hayden, -Miller
&
Co.,
»Provident Savings Bank & Trust
:
R.
Merrill
Co.,
Cincinnati, Doll & Isphording, Inc., Weil, Roth & Irving Co.,
rLaird & Co., Ginther & Co. and
Blewer, Heitner & Glynn.
'
j-
nished
close
the
successful
East
issue was
fered on Jan. 10.)
originally
City
will
March
15,
$1,000.
to
1949.
sealed
■,
Bidder
bidders
or
the rate of interest in
28
Va
of
1%.
These
close
a
urer's
certified, cashier's
bonds
check
for
2%
of
or
treas¬
the
face
receive
Pittsburgh, Pa.
ski,
Deputy City Controller, will
receive sealed bids until March 17
the
purchase
of
$6,600,000
bonds, divided as follows:
$4,600,000 general public improve¬
ment, of 1949, series A bonds.
2,000,000 funding of 1949, series
'
A bonds.
1950 to
April 1, 1949.
Due from
1969 inclusive.
from 1952 to 1959 inclu-
Del
i
on
■./.<'//;/:-;/•>y;<
dates
Bond Offering
Town
Clerk,
—
will
j
»
after
: i
Vera Epperly,
receive sealed
the
notice
bonds, divided
to
follows:
$120,000 Water System bonds. Due
in
1952
to/1973,
and
;
$10,000 in 1974.
65,000 Sewer System bonds. Due
$3,000 in 1952 to 1972, and $2,000 in 1973.
'
52,000 Municipal Building bonds.
Due $3,000 in 1952 to 1968, and
t
$1,000 in 1969.
15,000
Fire
Fighting Equipment
bonds. Due $1,000 in 1952 to
1
1966.
8,000 Garbage Truck bonds. Due
$1,000 in 1952 to 1959.
Each issue of bonds shall be sold
a-
of
Directors
of intended
lished
$5,000
date
or
June
Board
bids until 7:30 p.m. (CST) on Feb.
for the purchase of $260,000
23
as
paying
15, 1959, after
publication at least 30 days prior
to the redemption date fixed by
City (P. O. Oklahoma City),
Oklahoma
interest
any
in the
be
redemption in
printed
newspaper
one
on
and
pub¬
County; said bonds
called in inverse
numerical
order
beginning with bond No.
Principal and interest (J-D)
payable at the County Treasurer's
office or at the fiscal agency of
the State in New York City at
j
the
interest
for
the
bonds.
1949.
1950
Bond
Steele
Sale
Details
—
sum
in cash
or
its
*
to 2%
equivalent equal
of the amount of his bid.
School District,
Okla.
$123,000 building bonds offered Feb. 11—v, 169,
p 650—were awarded to the First
Bond
•
Sale—The
National
.
Bank
Trust
&
Co.,
1.80%.
net interest cost of about
•a
interest to be in
second
;
highest
Edwards, Inc.,
will
interest
purchase
which
at
the
bonds
of
$2,500,000
a
at
the
issue
election
1948. Enclose
a
held
they
at
par
are
premium. These bonds
or
part
authorized
Oct.
on
26,
certified check for
$5,000.
Township (P. O. 2325
Darby Road, Oakmont,
r
Havertown), Pa.
Saltisaw
.
Bond
School
Okla.
District,
14 to the Pacific Northwest Co. of
basis
a
3s, at
as
of
a
about
Co.,
~
.
"■
> <,
Bartlesville),
;
m
County
Bonds
(P.
O.
Okla..
in
1955 to 1959, $8,000 in
1964, and $9,000 in 1965 to
1969.
All of said bonds maturing
on and after March
15, 1964, shall
1960 to
be callable at par on and after
any
due date on and after said
date,
in inverse
30
on
days'
New York
duly
numerical
order
printed notice. Prin¬
City.
Said bonds
authorized
000 separate
school bonds has been
Edwards, Inc., of
I V2S, l3/4s, and
2s, on a bid reflecting a net inter¬
est cost of about 1.99%. Dated Feb,
1, .1949.V Legality
approved by
'George J. Fagin, of Oklahoma
sold
to
J.
R.
Bond
at
Sale—The
sanitary
issue of $150,-
Sold—An
Oklahoma City, as
were
election
an
offered
Feb. 14
'-vJVv;; OREGON
Cave
.
Bond
Junction,
Fordyce & Co., of Portland, at
2.84%.
for
Offering
—
.
City Recorder, will receive sealed
bids /Until
21
for
not
'
eral
to
8
the
p.m;
(PST)
purchase
exceed
5%
of
on
Feb,
$35,000
interest
gen¬
obligation bonds. Dated Jan.
OL
basis
a
of
to
a
about
Denomination $1,000, one
$589.37.
Due
on
March
W.
H.
Newbold's
at
accrued
interest
any
date
interest.
at
par
Principal
(M-S) payable at the
City Recorder's office.
Netarts
Water
District,
No Bids—No bids
for
the
interest
$10,000
general
not
were
Ore.
received
to exceed
obligation
Son
Inc.,
&
(AtO)
5%
bonds
offered Dec. 20—v. 168
p. 2595.
ance
of
ized
at
Nov. 5,
Co.,
ius of Philadelphia,
jointly, as l%s,
price of 101.33, a basis of field Baile of Upper
close
a
about 1.64%. Dated Feb.
certified,
15, 1949.
Due on Feb. 15, from 1950 to
treasurer's check for
1979,
and R. Win-
a
Darby.
En¬
cashier's
or
incl.
The
bond^
non-callable.
Second high bid of 101.279 for 13?4S
made
are
Township Sch. Dist.
O. Haverford), Pa.
Bond Sale
with the
pay¬
—
next
son,
the
may
Wynn, Chair¬
Board of Supervisors, Jeffer¬
South Dakota.
Highmore, S.
Dak.
Bonds Sold—An issue of
$10,000
$40,000 water system bonds
has been sold.
of the
TENNESSEE
County (P. O.
Camden), Tenn.
Sale —The
Jan.
on
inclusive.
der
1
from
to
1976
Associates, on a bid reflecting a
net interest cost of about
3.18%.
Knoxville, Tenn.
Bond Sale—The
$3,000,000 elec¬
tric
revenue, series A 1949 bonds
offered Feb. 15—v.
169, p. 426—
were
awarded
to
a
synidicate
composed
of
basis
of
the
First
about 2.53%,
$30,000 2%s.
Due
1952 to 1954
785,000 2y4s.
Boston
inclusive.
Due
on
Feb. 1 from
1,030,000
2V2s.
Due on Feb.
from 1962 to 1965 inclusive.
1966
SOUTH CAROLINA
follows:
as
Feb. 1 from
on
1955 to 1961 inclusive.
Pa.
the purchase of $38,000 gen¬
eral obligation coupon bonds. En¬
close a certified check for $800.
Two identical bids,
high tender only a
1951
The second highest bid¬
Nuveen & Co., and
John
was
850,000 2%s. Due
Wilmerding,
Bond
for
Haverford
(P.
$20,000,
Offering—Matthew Wojton, Borough Secretary, will re¬
Co., ceive sealed
bids until Feb. 23
&
payable, to
Treasurer.
Bids
also be sent to John
man
able to the District.
by Butcher & Sherrerd,
Close
&
Kerner,
and
Sulzberger
submitted,
Township
Corp., Goldman, Sachs & Co., Dick
&
Merle-Smith, F. S. Moseley &
Co., all of New York, Whiting,
These bonds are the bal¬ Weeks & Stubbs, of
Boston, and
the 2,000,000 issue author¬ Piper,
Jaffray & Hopwood, of
the general election
on
Minneapolis, at price of 100.03, a
Philadelphia,
to
on
1
Feb. 1 from
1968 inclusive.
305,000 2y2s.
Due
on
Feb.
1,
1969.
The
second
highest bid was
syndicate com¬
posed of Bear, Steams &
Co.,
Braun, Bosworth' & Co., Inc., Lee
Higginson Corp., Hornblower &
submitted
by
a
Weeks, Lyons & Shafto, Byrne
Phelps, Inc., Fahey, Clark &
Co., and Jack M. Bass & Co., for
Sale—The $35,000 water
ligation improvement bonds of¬ works
bonds offered Feb. 14—v. $340,000 as 2y4s, $1,780,000 as 2y2s,
fered on Feb. 10—v.
169, p. 546. 169, p. 651—were awarded to F. W. and $880,000 as 23/4s, at a price
Similar bids for l3/4s, at
par plus Craigie &
Co., of Richmond, on a of 100.10, a basis of about 2.56%.
a
premium of $11,790, equal to bid
reflecting a net interest cost
Memphis, Tenn.
101.179, a basis of about 1.6616%, of about
2.59%.
Dated March 1,
were
made by the First Boston
Bond Sale—The
$4,561,000 bonds
1949. Due on March 1, from 1951
offered Feb. 15—v.
Corp. and A. Webster Dougherty to
169, p. 426—
1968, incl.
& Co., jointly, and
were awarded to a
by an account
syndicate com¬
composed of the Philadelphia Na¬
posed of the Chemical Bank &
SOUTH DAKOTA
tional Bank, Wurts, Dulles &
Trust Co., of New York; Equitable
Co.,
Securities Corp., Seattle-First Na¬
Avon, S. Dak.
Dolphin & Co., all of Philadelphia,
and Mackey, Dunn &
tional Bank, of Seattle; Barr Bros.
Bond Offering — Ralph
Co., New
Pier,
York.
The
two
groups
joined City Auditor, will receive sealed & Co., of New York; Stranahan,
forces
in
&
bids until 8 p.m. (CST) on Feb. 21 Harris
purchasing the bonds
Co., Inc., of Toledo;
shade lower, marked the
competi¬
tion for the $1,000,000
general ob¬
which
are
mature
1978
on
dated Feb.
Feb.
inclusive.
15
The
1950
next
to
highest
bid of par and a premium of
$11,771.90 for i%s, equal to a
price of
101.17719,
was
composed
of
made
by
a
group
Harriman
Ripley &
Co., Inc., E. H. Rollins & Sons, W.
H.
Newbold's
Lowber
Son
Stokes
of other offers
&
&
Co.,
Co.
were
A
and
E.
number
made for the
bonds.
Philadelphia, Pa.
Bond Sale—The
offered
$4,000,000 bonds
by the Sinking Fund Com¬
missioners
on
Feb.
and
Pendleton, S. C.
Bond
15, 1949 and for the purchase of $25,000 not to
from
15
from 1950 to 1959 inclusive. Call¬
and interest
Ore.
;
Isabel Small,
3
awarded
were
price of 100.85,
plus
•City.
$19,589.37
sewer construction bonds
able
'
as
of
Dated
Sale—The
Washington
the
at
price of 100.14,
2.986%.
$20,000 build- held on Dec. 17, 1948. Legality ap¬
ing bonds offered Feb. 15—v. 169; proved
by Winfree, McCulloch,
p. 750—were awarded to the Craig
Shuler & Sayre, of Portland.
County Bank, of Vinita, as 2y2s.
^
Due from 1952 to 1961 inclusive.
v
Milwaukie, Ore.
:
'• -v..''
bid
bids
$1,000. Due April
follows: $34,000 in 1950 to
1959, and $33,000 in 1960 to 1979.
Registerable as to principal only.
1,
was
cipal and interest payable at the
was R. J.
County Treasurer's office, or at
bid reflecting the fiscal
agency of the State in
net interest cost of about 1.80%.
a
-
sealed
Denomination
Haverford
Lane County School District No. 45
bidder
on a
a
multiple of y8 of 1%.
full payment of any one
all of the bonds. Enclose a cer¬
tified check for 10% of the total
or
p.m.
8
receive
opinion of Morgan, Lewis & Bock-
The
Due in 1952 to 1959 inclusive.
.
will
and
of
of interest
Oklahoma City, on a bid reflecting
.
Bond Offering—John J. Schiedel, Secretary of the Board of Di¬
for
after
or
time after the issuance there¬
upon
Due
Upper Darby Township Sch. Dist.
(P. O. Upper Darby), Pa.
rate
$7,000
Duncan
I
on
any of said
bonds may be paid and retired at
Co., of Pittsburgh, were
$200,000 elec¬
with Singer, Deane & tric revenue, series 1949 bonds of¬
Scribner, of Pittsburgh in the pur¬ fered Feb. 11—v. 169, p. 547—were
chase
of
$120,000
improvement awarded to J. C. Bradford & Co.,
bonds, as l%s, at a price of 100.78, of Nashville, and Associates, on a
a basis of about
1.65%, as previ¬ bid reflecting a net interest cost of
about 3.08%. Dated Jan. 1, 1949.
ously noted in v. 169, p. 750.
until
inclusive.
inverse order on any
in
period
1949.
Denomination $500.
Due
March 1, as follows: $500 in
1950,
and $1,000 in 1951 to 1955.
The
bonds will provide that
associated
rectors,
1962
interest general
obligation bonds. Dated March 1,
Bond
1946. The bonds are also
to be sold subject to the favorable
March 15, 1949. Interest M-S. De¬
nomination $1,000. Due March 15,
as follows:
$6,000 in 1950 to 1954,
a
Sept.
to exceed 4%
Fauset,
&
the option of the purchaser. Bid¬
ders are required to include the
Portland,
'
to
$5,000
on
$5,500
not
Benton
Bond
Sale—The
$300,000 im¬
provement bonds offered bn Feb.
14—v. 169, p. 651—were awarded
to Harriman Ripley &
bidder shall submit with his bid
.
Due
sealed bids until 8
p.m. (CST)
March 1 for the purchase of
(P. O. 302 Elm wood Boulevard,
York), Pa.
(EST) on March 8
purchase of $1,000,000 1,
Sept.
11/8, 11/4, 1%, 11/2, 1%, 1%, l7/s, 2,
1,
1956.
Principal and interest
2Vs, 21/4, 2%, or 21/2% building
payable at the City Treasurer's
coupon bonds. Dated April 1,1949.
office. Rate of
Callable
interest
1500.
are the bonds authorized at
the election held on Feb. 2. Each
/ These
;
from
bidder
accrued
<
-
1
1,
Rambo,
(P. O. Cottage Grove), Ore.
bidding the lowest
Hallowell,
Bond Sale—An issue of $150,000
rate of interest the bonds shall
jointly.
bear and agreeing to pay par and school bonds was awarded on Feb.
to
.
March
Township (P. O.
Point), S. Dak.
Offering — Ellwood Hall,
Township
Clerk,
will
receive
Spring Garden Township Sch. Dist.
'
;sive. y'v;v
Bend
Elk
of
for
Dated
Civil
55
Bond
any
Bend Offering—S. F. Dobrowol-
—
,
Due
Callable Oct.
26, 1951.
issued
subject to the favor¬
able opinion of
Townsend, Elliott
& Munson, of Philadelphia. En¬
city bonds.
Oct. 26, 1981.
on
mul¬
a
the
for
2,400,000 4%%
to
bids until 7:30 p.m.
Feb.
on
incl.
Denomination
amount of the bonds, payable to
(PST) the District Treasurer.
purchase of
School District, Okla.
Forest Hills School District, Pa..
sewage
and drainage
Bond Offering—O. G. Hender¬ $40,000
Bond Sale
The $180,000 gen¬
bonds. Denomination $1,000. Due
son, Clerk of the Board of Educa¬
eral obligation bonds offered Feb.
tion, will receive sealed bids until $1,000 in 1951, and $3,000 in 1952
14—v. 169, p. 546—were awarded
2 p.m. (CST) on Feb. 23 for the to 1964, optional after five years
to a group composed of
from date.
Fauset,
Principal and interest
purchase of $104,500 building and
Steele & Co., Moore, Leonard &
.furniture bonds.
Due $15*000 in payable at the City Treasurer's of¬
fice. Enclose a certified check for Lynch, and Arthurs Lestrange &
1952 to 1957* and
$14,500 in 1958/
Klima, all of Pittsburgh, as 2V4S,
The bonds shall " be sold to the 2% of the par value of the bonds.
at a price of 101.77, a basis of
bidder offering the lowest rate of Lane
County School District No. 4 about 2.12%. Dated March
1, 1949.
interest and agreeing to pay par
(P. O. Eugene), Ore.
Due March 1 from 1951 to 1975
■and accrued interest.
Each bidBond Offering—Clarence Hines,
inclusive. The second highest bid¬
.der shall submit with his bid a District
Clerk, will receive sealed der was Blair & Co., Inc., for
2V4S,
,sum in cash or its equivalent equal
bids until 8 p.m. (PST) on Feb. at a
price of 101.63.
to 2% of the amount of his bid.
28 for the purchase of $1,500,000
not to exceed 6% interest school
Franklin, Pa.
Cushing, Okla.
bonds. Dated April 15, 1949. De¬
Bond
Offering—L. A. Arnold,
Bond Sale—The $40,000
hospital
nomination
$1,000. Due $75,000 City Clerk, will receive sealed
bonds offered Feb. 7—v. 169, p.
Dec. 15, 1949 to 1968. Any or all bids until
7:30
p.m.
(EST) on
( 650 — were
awarded to the City of the bonds
maturing after June March 2 for the purchase of $65,Sinking Fund, as Is, at a price of
000
15, 1959, shall be callable at par
improvement bonds.
Dated
/par. Due
OKLAHOMA
Beaver
(851)
Graham, Parsons & Co.; of New
York, and Aspden, Robinson & Co.,
of
Philadelphia, at a price of
102.98, as follows:
Due $15,000 Sept. 15, 1950
1969.
tiple of
.
Recorder,
CHRONICLE
Bond Offering—John M.
Swarr,
Secretary of the Board of School $400,000 2% refunding bonds. Due
on
Jan. 1, from 1964 to 1967*
Directors, will receive sealed bids,
until 8 p.m.
incl.
(EST) on March 1
for the purchase of $300,000 im¬
1,200,0002% refunding bonds. Due
on
provement coupon bonds. Dated
July 1, from 1964 to 1968,
are
of¬
Eugene, Ore.
Offering—Henry F. Beis-
Bond
tel,1
En¬
*
•
•
bidder.
FINANCIAL
Hempfield Twp. Sch. Dist.
(P. O. Landisville), Pa.
name
certified check for $2,500.
a
(The
«.
.
,
Jan.
on
1, 1954, and on any
interest payment date thereafter.
Principal and interest (J-J) pay¬
high bid of 100.092 for 2s
made
was
tion
May 1 and Nov/
1950, to
1969
inclusive/
on
&
PENNSYLVANIA
maturing on or after Jan. 1, 1954,
are
subject to call and redemp¬
;
1949
COMMERCIAL
15—v.
169, p.
651—were awarded to a
syndicate
composed of the Philadelphia Na¬
tional Bank, of
Philadelphia; Fi¬
delity Union Trust Co., of New¬
ark; Messrs. W. H. Morton & Co.,
Laidlaw & Co., both of New
York;
Trust Co. of Georgia, of
Atlanta;
Harris, Hall & Co., City National
Bank & Trust Co., of Kansas
City;
exceed
Boatmen's
National
Bank,
of
St.
Louis; Fahey, Clark & Co., of
provement,
general
obligation, Cleveland; Barret, Fitch & Co., of
coupon bonds. Dated Feb. 1, 1949. Kansas City; First National Bank,
Denomination $1,000, Due Aug. 1, of Mobile; Robert Hawkins & Co.,
of
as follows: $2,000 in 1950 to
Boston; Ryan, Sutherland &
1957,
and $3,000 in 1958 to 1960, optional Co., of Toledo, and Sternberger &
on
Aug. 1, 1955. Rate of interest Co., of Memphis, at a price of
to be in a multiple of V\ or 1/10 101.30, a basis of about 1.99%, as
follows:
of 1%. Principal and interest
(FA) payable at any suitable bank¬ $300,000 improvement bonds: $50,ing institution designated by the
000 4s, due on March 1, from
2V2%
purchaser.
interest
The
street
im¬
City will furnish
1950 to
without cost to the purchaser and
within 30 days after award of sale,
the
and
printed
and
executed
000
1979, incl.
1,346,000 street improvement and
grade separation bonds: $340,000 4s, due on March 1, from
1950 to 1954, incl., and $1,006,000 2s, due on March
1, from
1955 to 1969, incl.
200,000 improvement bonds: $50,000 4s, due on March 1, from
bonds,
the
approving legal opinion
of Dorsey, Colman,
Barker, Scott
& Barber, of Minneapolis. No bid
of less than par and accrued in¬
terest will be considered. Each bid
must be unconditional
except as to
legality. Enclose a certified or
cashier's check or bank draft for
1950
$500, payable to the City Treas¬
urer.
-
1954, incl., and $250,2s, due on March 1, from
1955 to
000
\
to
1954, incl., and $150,2s, due on March 1, from
1955 to
1969, incl.
,
w
5G
535,000 Memphis Harbor and Port
bonds:
$100,000 4s, due on
March
1, from 1950 to 1954,
incl., and $435,000 2s, due on
March 1, from 1955 to 1979,
incl.
rities
2%s, at
as
for
price of 98.56
Associates,
and
Corp.,
$200,000
a
$70,000 4s,
1950 to
1954, incl., and $330,000 2s, due
on
March
1, from
1955 to
park
due
bonds:
March 1, from
on
1979, incl.
250,000
John
Gaston
bonds:
$50,000 4s,
March 1, from 1950
1969
and
1975
to
1978. ' All
to
$15,000 in
1976
due
and
bonds
as
est
thereafter
upon 30 days' published notice, at
Palestine), Texas
the following percentages of par
Bond Offering—Pace McDonald,
County Judge, will receive sealed plus accrued interest to date of
bids until 10 a.m. (CST) on March redemption: 104 to and including
(P. O.
purchase of $500,000 not
interest hospital
Dated March 15, 1949. De
1 for the
hospital
to
due on
to 1954,
bonds.
exceed": 3%
March 15,
nomination $1,000. Due
in 1950, $29,000
date
payment
Dec. 1, 1959;
103 to and including
Dec.
1, 1960; 102 to and including
Dec..l, 1961; 101 to and including
Dec.
1, 1962; thereafter at par.
Principal and interest (J-D) pay¬
incl.
$31,000 in 1954 and 1955, $32,000 in
1956, $33,000 in 1957, $34,000 in
Co., New York City.
1958, $35,000 in 1959, $36,000 in
1960, $37,000 in 1961 and 1962,
$38,000 in 1963, and $39,000 in
1964. Principal and interest (M-S)
of
$125,000 4s, due
bonds:
ward
March 1, from
on
$515,000
incl.,
March
from
1,
maternity
Gaston
1950 to 1954,
2s,
due on
1955 to 1979,
follows: $28,000
1951, $30,000 in 1952 and 1953,
in
invited
in
will
Any rate or rates named
must be in a multiple of Vs of 1%
to
the
State
office.
less
maturity.
final
1,
1948,
bonds
These
the
at
held
election
on
.
„
Va
in
be
must
or
chants
of
multiple of
to
a
Rich¬
of
Bank
$10,000, payable to the County.
1, 1949.
Feb. 15
awarded to
the above syndicate at a price of
100.16, a basis of about 2.05%, as
offered
bonds
school
on
169, p. 547—were
—v.
follows:
4s.
$165,000
1950 to
-
.
Due March 1, from
1954, incl.
835,000 2s. Due on March
1955 to 1979, incl.
Dated March
(P. O.
Odessa), Texas
Bond Sale — The $450,000 road
bonds
offered
Feb.
10—v.
169,
1,
Ector
Sale—The $1,000,000
Additional
street
1, from
County
White
County,
Shoals
O.
652—were awarded to Rauscher,
Pierce & Co., of Dallas, and Russ
p.
jointly, on
Co., of San Antonio,
&
a
interest cost
bid reflecting a net
1.89%. The second high¬
of about
bidder
est
N.
Fridley
and
Co.,
&
Edwards
William
was
&
Hess, jointly, on a bid reflecting
net interest cost of about 1.93%.
1, 1949.;
a
County
Sullivan
(P. O.
Independent Sch. Dist.,
Houston
Blountville), Tenn.
Texas
$1,000,000 school
14—v. 169, p.
awarded to a syndicate
Bond Sale—The
offered Feb.
bonds
X56—were
Equitable Securi¬
John Nuveen & Co., of
Reduced—Although
bidders
cessful
amount
ties Corp.,
fered
Chicago; Union Planters National
Bank & Trust Co., Webster & Gib¬
of
Temple Securities Corp., all
Nashville;
Fidelity
Bankers
Co., of
Trust
Bass &
Knoxville; Jack M.
Hermitage Se¬
Co., and the
curities Co.,
both of Nashville, as
O f f e r e d—
Publicly
Bonds
Amount
composed of the
son,
Jonesville ),
ed toF. W.
basis
a
March
school
March
about
of
1, 1949.
2.39%.
Due
awarded to the
First National Bank, of Memphis,
and Associates, as 2V2s, at a price
of 98.68, a basis of about 2.61%.
Dated Feb. 1, 1949. Due on Feb. 1,
1961.
second
Feb.
on
jointly by Lehman Bros,
and
Halsey, Stuart & Co. Inc.,
both of New York, actually were
awarded only $8,160,000 bonds as
headed
the
highest bidder was
of
its
right
prior
and
Feb.
offered
were
awarded to
borne
be
RAILWAY COMPANY
a
meeting of
of
at
were
a
1949.
Dividend Notice
At
10
1968, and $4,000 in 1969 to
1974. Optional on any interest
to
paying date on and after
years from their date.
the Board of Di¬
Pafcitic Railway
Canadian
$20,000 stadium
as
of
three
more
per
today
dividend is attributable
entirely to income from sources
than rail operation.
By order of the
-
other
Board.
Frederick Braniley,
Secretary,
Montreal, February 14, 1949.
purchase
Enclose
7.
a
check
certified
1948
bonds.
Dated
Dec.
Denomination $1,000.
1948.
1
as
follows: $2,000 in
1,
Due
1949,
$3,000 in 1950 and 1951, $4,000 in
1952 to 1957, $8,000 in 1958, $6,000
in 1959 and 1960, $7,000 in 1961 (o
1963, $9,000 in 1964 and 1965, $10,900 in
1966 to 1968, $12,000 in
000
1.80s, due on
and $150,000
1.90s, due on March 1, 1959.
The bankers paid a price of
par,
a
net interest cost of
1957;
/
Bonds
Royal, Va.
Sold—An
2V2%
general
(
issue
of
$90,-
improvement
bonds has been sold to C. F. Cassell
a
&
Co., of Charlottesville, on
bid reflecting a net interest cost
about 2.44%.
of
Due Jan.
1, 1979,
Hanover
County (P.
Ashland), V a.
Bond
bonds
The
sealed
bids
interest
until
tion $1,000.
lows:
school coupon
March
1,
1949.
bonds.
Denomina¬
Due March 1,
as
fol¬
$30,000 in 1950 to 1954, and
$15,000 in 1955 to 1964.
1,
Union
Corporation in the of¬
Glore, Forgan & Co.:
Weld & Co.; Laidlaw &
are
v
Offering
—
M.
Clarence
bids
sealed
until
10
a.m.
as
on
follows:
Institution bonds. Due
$100,000 in
1950, $200,000 in 1951, $150,000 in 1952 and 1953, $500,000
$1,950,000
Feb. 1, as follows:
in
1954, and $450,000 in 1955,
in 1956.
and $400,000
$1,560,000 Park bonds. Due Feb. 1,
as
follows:
$100,000 in 1950,
$200,000
1952
in
$350,000
1954,
in
in
and
1951, $150,000
1953,
$310,000
in
and
1955,
$300,000 in 1956.
$800,000
Metropolitan
Sewerage
Area bonds. Due $400,000 Feb.
1954.
1, 1952 and
Feb.
The bonds
denomi¬
nations in multiples of $1,000 as
are desired by the successful bid¬
der. The bonds may be registered
as
to principal only.
Bidders are
requested to name the rate of in¬
1,
1949.
will be furnished in such
terest which the bonds are to bear,
in
a
multiple of Va
1/10 of 1%,
or
Principal and interest (F-A) pay¬
able at the office of the fiscal
agent of the County in New
York
at the County Treasurer's
office. Delivery of the bonds will
be made on or about March 22,
City,
or
County
1949, at the expense of the
Chicago
radius of
kee.
point within a
any
or
100 miles from Milwau¬
Additional
livery beyond
for de¬
expense
100 miles must be
The le¬
paid for by the purchaser.
gal opinion of Chapman & Cutler,,
of Chicago, will be furnished at
the expense
Co.,
William R. Compton
O.
March 7 for the pur¬
chase of $4,310,000 not to exceed
3% interest coupon bonds, divided
(CST)
Inc.; Courts & Co.;
H.
V.
Sattley & Co., Inc.; Se¬
attle Trust and Savings Bank; and
&
lock
of the County.
CANADA
ONTARIO
Company.
Walla County,
School District No.
Walla Walla),
p.m. (EST) on March 1 for the
purchase of $300,000 not to exceed
4%
March
with
Co.; the Marine Trust Company
Buffalo; Eldredge & Co., Inc.;
G. H. Walker & Co.; Wm. E. Pol¬
'
8
Dated
dated
are
of
Bond
Offering—Rose M. Morris,
receive
Bond
to
Associated
1949.
Walla
O.
Clerk of the County School Board,
will
1958,
1,
(P.
County
Brantford, Ont.
'
redeemable Jan. 1, 1959.
$145,000
about 1.74.
White,
000
$140,000 lV2s, due on
1, 1955; $140,000 1.60s,
March 1, 1956; $145,1.70s, due on March 1,
March
fering
VIRGINIA
March 1, 1953:
on
on
Securities
Frcnt
of
4%
ceed
series
Dec.
$250,000 not to ex¬
interest school house,
1954;
due
$1,000. These bonds were
authorized at the election held on
for 2%.
1950>
Milwaukee), Wis.
Dated
March
1949. Denom¬
10,
1959;
$135,000 1.40s, due on March 1,
ination
—
$4 million the increase in gross
earnings. The
March
1,
1, 1951; $130,000 1.80s,
1, 1952; $135,000
due
13/4s,
are
1968, and $3,000 in 1969 to
Optional on any interest
Dated
March
on
March
due
1968"
bids
T exas
cent
March
paying date on and after 10
years from their date.
Feb.
Longview Indep. School District,
in
$4,000
Alternate
due
1.250,000 juvenile court building
bonds:
$130,000 4s, due on
1974.
4s,
1958 inclusive.
and
1969.
March 1 from
on
Milwaukee
receive
cost of about 2.07%.
requested on the bonds with
the following maturities: Due
March 10, as follows: $1,000
in 1951 to 1954, $2,000 in 1955
bonds offered Feb.
awarded to the First Na¬
a final dividend
Bond Offering
Billie Ann
(seventy-five cents
per share)
011 the Ordinary Capital Hanna, Secretary of the Board of
Stock in respect of, and out of earn¬ Education, will receive sealed bids
ings for the year 1948 was declared until 1:30 p.m. (CST) 'on Feb. 24
payable in Canadian funds 011 March for the purchase of $125,000 school
31, 1949, to Shareholders of record at bonds.
3 p. m. on February 25, 1949.
Sen Benito Indep. Sch. Dist., Texas
The Directors again point out that
Bond
Offering—J. H. Houser,
net earnings from rail operations are
insufficient for the payment of any Secretary of the Board of Trus¬
dividend. The increases in wages and tees, will receive sealed bids until
3 p.m. (CST) on March 4 for the
the costs of materials exceeded by
Company held
1967,
Due
1949.
syndicate
1964.
The bankers paid
price of par, a net interest
1,
a
$1,000 in 1951 and 1952. $2,000
in 1953 to 1957, $3,000 in 1958
and
Writer &
Securities Sommers, County Treasurer, will
$245,000 2.30s, due on March
10
50,000 Street Improvement bonds.
Due
March
10, as follows:
-
& Co., of Chicago,
Co., Bosworth, Sul¬
&
Christensen,
all of Denver, as
2Vas, at a price of 100.09, a basis
of about 2.23%.
Dated March 1,
p.
$225,000 2s, due on March 1,
I960;
$230,000
2.10s,
due
March 1, 1961; $235,000 2.20s,
due March
1, 1962; $240,000
2(4s, due March 1, 1963, and
-in 1951 to 1958, $3,000 in 1959
Sch. Dist., Texas
price of par. Dated March 1,
Due on Dec. 1 from 1949 to
re¬
are
by
1.90s,
quested on the bonds with the
following
maturities:
Due
March 10, as follows: $2,000
to
Bank, of Levelland,
tional
bids
169,
17—v.
bonds; $375,000
4s, due on March 1, 1951 and
1952; $195,000 2%s, due March
1, 1953; $200,000 1.40s, due on
March 1, 1954; $205,000 l*/2s,
due on March 1, 1955; $205,000
1.60s, due on March 1,
1956; $210,000 1.70s, due on
March 1, 1957; $215,000 1.80s,
due on March 1, 1958; $220 009
$6,000
Alternate
a
Dempsey
The $4,250,000
—
Feb.
$3,000,000 bridge
in 1966 and
1967, and $5,000 in 1968 and
■
offered
the Union
Corp., of New York:
1951, $2,000 in 1952, $3,000
$5,000 in 1963
1969.
gen¬
group com¬
652—were awarded to a
in 1953 to 1962,
1965,
Sale
Bond
bonds
$70,000 Water Works bonds. Due
March 10, as follows: $1,000
to
offered
548—were
syndicate composed
p.
,
Feb.
purchase of $120,000
bonds, divided as follows:
in
bonds
169,
Pacific Northwest to
1957
inclusive.
The
second
Co., National Bank of Commerce,
highest bidder was Harris Trust
and Blyth & Co., all of Seattle, on
& Savings Bank, of Chicago, for
a bid reflecting a net interest cost
$275,000 as 2s, and $175,000 as
of about 2.37%.
•
21/2s, at a price of 100.27.
,
King County (P. O. Seattle),
WISCONSIN
Washington
the
to
CANADIAN PACIFIC
Texas
J. L. Santos,
—
hospital
15—v.
the
of
headed
Offering
for
bonds.
Bond Sale—The
of
Feb.
livan & Co., and Peters,
$100,000
obligation bonds offered Feb.
posed
City Secretary, will receive sealed
improvement
rectors
County (P. O.
Rowlings), Wyo.
$450,000 county
Bond Sale—The
Boettcher
Bellingham, Wash.
bids until 7:30 P.M. (CST) on
23
150,000 water and sewer revenue
DIVIDEND NOTICE
1%
bid.
Wharton,
Bond
jointly, as follows:
Levelland Indep.
the
by
certified check for
a
total
the
Rauscher, Pierce & Co., of Dallas,
98.06, a basis of
Equitable Secu-
and the
bonds are to
purchaser. En¬
on
WYOMING
of
of printing the
close
$90,000 water and sewer revenue
refunding bonds.
2V2s, at a price of
about 2.64%, and
inclusive,
ney's approving opinion
cost
Texas
Co., of San Antonio, and
&
Russ
10
1957
to
$13,000 from 1958 to 1961 in¬
clusive.
The expense
of attor¬
and
took
Sale—The $240,000 bonds
Bond
1954
from
000
down
Killeen,
$120,000 bonds due $7,000
1953 inclusive, $10,-
1950 to
from
Board of Education ex¬
State
ercised
sale
mature
to' 1969 inclu¬
Carbon
awarded to
a
re¬
Dated
on
WASHINGTON
awarded to
bid
<
,
2y2s, at price of par.
were
and
1949
memorial
Sale—The
offered
652—were
p.
from 1951
Williams, of Cincinnati. The sec¬
ond highest bidder was Lee Bank
& Trust Co., Pennington Gap, for
15
suc¬
National Bank, Memphis,
Associates, for $1,000,000 as
the First
and
1,
1
sive.
ity approved by Peck, Shaffer &
Bond
bonds
169,
a
March
Craigie & Co., of Rich¬
were
March 1
1950 to 1969 inclusive. Legal¬
from
eral
due $6,000 from 1950 to
inclusive, and $4,000 from
the
school
net
interest cost of
about 2.65%. The bonds are dated
flecting
mond, as 2.40s, at a price of 100.09,
alternate bids
1956 to 1961 inclusive, and for
dated Feb.
15,
callable, in inverse
are
are
15—v.
award¬
bonds offered Feb. 14
1955
original
the
for
$9,196,000 bonds of¬
11, the syndicate
of
said date were
-The
bonds
and
awarded to the State, on a
V a.
Sale—The $150,000
Bond
000 bonds,
$1,036,000 of the bonds in
approximately equal amounts of
each maturity. The banking group
Feb.
21,
1949, and mature on
paid a price of 100.043 for a com¬
Feb. 1, from
1961 to 1964, incl. bination of
3s, 2%s and 2(/2s, as
Callable at par beginning on Feb.
previously noted in detail in v.
i, 1954.
: v,."v,
169, p. 751. Re-offering was made
Additional
Sale—The $200,000 at prices to yield from 1.70% to
road, series A, 1949 bonds offered ■2.75%, according to maturity.
2V2s, at a price of 98.26, a basis of
about 2.61%. The bonds are dated
on
The
1949
Feb.
School District (P.
For the sale of $60,-
follows:
as
Feb. 15 from
on
1962 to 1964 inclusive.
obligation
Lee
1949. Denomination $1,000. The
City will consider
Feb. 15 from
on
.
Dated May
paving bonds.
15
numerical-order, at a price of par,
nished, without
cost, with the on any interest date on and after
opinion of Wood, King & Dawson, five years from the date of issue.
of New York City. Enclose a cer¬
Whatcom County, Meridian School
tified or cashier's check for 2%
District No. 505 (P. O.
of the face amount of the bonds,
Bellingham), Wash.
payable
to
the
County
School
Bond Sale—The $38,000 general
Board.
t
Dated March
196,000 2s. Due
.....
incl.
Feb.
on
1961 inclusive.
1959 to
The bonds
1%.
National
181,000 13/4s. Due
bear,
to
are
Due
from 1954 to 1958 inclusive.
The purchaser will be fur¬
mond.
than
part of the $400,000 issue au¬
are
thorized
The County will
1/10
bonds
be delivered at the First and Mer¬
Each
furnish the print¬
Nov. 23, 1948.
The District will
ed bonds, a copy of the proceed¬
furnish the bonds
incl.
*
ings, the approving opinion of the
Tyler, Texas
590,000 department of public saf¬ A-ttorney-General of the State,
Bond Offering — B. N. Taylor,
ety bonds: $100,000 4s, due on and will deliver the bonds to the
March 1, from 1950 to 1954, bank designated by the purchasers City Manager, will receive sealed
Enclose a bids until 9 a.m. (CST) on March
incl.,
$490,000 2s,
due
on without cost to them.
March 1, from 1955 to 1979, certified or cashier's check for 4 for the purchase of $120,000
.
which
net interest cost
a
the
which
No bid
District from Dec.
the
invited to name the rate of inter¬
iy2s.
274,000
Bidders are
only.
to principal
bear
to
interest.
accrued
shall show
bid
at the County
or
rates
or
are
for
considered
be
and
par
to
at
office
bonds
multiple of Va of 1%.
a
Treasurer's
payable
Memphis Municipal Airport bonds: $50,000 4s, due on
March 1, from 1950 to 1954,
incl.,
$250,000
2s,
due on
March 1, from 1955 to 1979,
the
Bidders are
the rate
to name
interest
Treasurer's
incl.
300,000
able at the Marine Midland Trust
Registerable
Richmond.
of
Bank
interest
TEXAS
and 1
*
1959, will be subject
redemption in inverse order of
maturity on Dec. 1, 1958, or any
as
John
First
Monday, February 21, 1949
(M-S) payable at the $149,000 4s. Due on Feb. 15 from
1951 to 1953 inclusive.
Merchants
National
and interest
to
incl., and $200,000 2s, due on
March 1, from 1955 to 1979,
640,000
on
after Dec. 1,
basis of about 2.62%.
a
Anderson County
400,000
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(852)
000
Walla Walla
110 (P. O.
Wash/
Sale—The' issue
of $800,-
general obligation bonds of¬
on Feb. 15—v. 169, p. 547—
fered
of
awarded to
composed
the Northern Trust Co., Chi¬
was
cago,
Foster
&
a
a
Marshall,
of Se¬
price of par, a net
1.9206%, as
interest cost of about
Principal follows:
debentures
—
offered
The $392,400
Feb.
awarded to Harrison &
14 were
Co., of To¬
ronto, at a price of 100.52, as
lows:
;
-
group
attle, and William Blair & Co., of
Chicago, at
Debenture Sale
fol¬
;
$233,400 public school bonds.
60,000 park
improvement bonds.
The second highest bidder
Wood,
Gundy &
was
Co., at a price
@FedFRASER