The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
JS. ADM.
rc.o
IBRARY
MONDAY
1
■'
*t]
*
Reg. U. 8. Pat. Office
Volume
169
Number 4775
New York, N. Y.,
General
RAILROAD
•
Price
INDUSTRIAL
-
INSURANCE
-
Aeronautical Securities, Inc.—Net Assets LowerNet
assets
equivalent
to
Harold
E.
$1,198,528
then
of
this
to- 84.64
corporation
Aul,
Dec.
on
share
a
President.
31,
164, p.
These
dividends
1947
The
15
net
assets
totaled
11
of
Aetna
Life
14.6%
was
and
affiliated
greater
than
~
Stock Exchange
Aetna
Casualty & Surety
Insurance
Co
Insurance
Co.__
Insurance
Co
38.658,586
Boston
Stock
Chicago
4,932,840
Stock
Surplus
at Dec. 31.—
as
.V/iyy
Life Insurance
tAetna
1948
r
Casualty & Surety Co.__!
Co._
* Automobile' Insurance
Co.,
SStandard Fire-Insurance
•Also
reports
:
at
Dec.
market
a
$150;000,'reducing
assets of
Increase
over
the
1947)
Aetna
are
the contingency
affiliated companies
■"
follows;
as
Life
Aetna
Automobile
Co.__
Insurance
Assets
16,384,460
\
59,120,691-.
Co._
5,882,106
11,819,695
recent
New
lifo
000,000
insurance
000,000
issued
gain of 2%
a
life
New
LIFE
over
insurance
in
the
life
group
against $433,000,000
"ordinary
business
new
on
INSURANCE
in
in
—--35
35
Net
36
Stock Exchange——
Stock
operating
Total
Exchange—
37
Fed.
Exchange
Net
Stock Exchange—Curb Section.
41
in force in
the "ordinary department"
$2,469,000,000
and
insurance
in
force
department" increased $570,000,000 to $5,213,000,000.
Total
year
increased
to
life
was
insurance
in
$7,682,000,000,
force
which
in
is
the
at
company
increase
an
year.
in
of
$127,-
the
Markets
of
the
set
aside
$3,557,306
for
the
$697,000,000
dividends
for
payable
in
1949
The
premium
665,735.
This
unearned
Net
an
income
increase
of
in
Aetna
Casualty
premium
$85,701,795,
was
income
resulted
in
increase
an
in
income
for
year
$3,165,975,
was
and
there
THE
and
dividends
to
The
premium
$38,658,586,
AUTOMOBILE
income
of
$2,982,727.
up
the
investment
income
CO.
Insurance
stockholders
increase
premium
in
the
year
to
the
Automobile Insurance
Co.
and
there
Co.
from
there
was
undis¬
of
$420,071,
ownership of
its
the stock.
Federal
taxes
absorbed
$1,080,968
and
dividends
'
income
of
the
for
$794,439
up
the
Standard
stockholders
rate
of
of
Insurance
Co.,
premiums
increased
was
$794,253.
line at
investment
Net
income
for
the
year
$279,719,
was
and
there
was
underwriting profit of $288,745.
Federal
taxes
absorbed
Oliver
R.
Beckwith,
panies,
died
V.
p.
168,
tion.
in
'
»
Also,
offered
Proceeds
at
Counsel
Jan.
for the
Aetna
Conn., on Jan.
Life
29,
and
after
a
affiliated
short
com¬
illness.—
24
filed
registration
a
statement
be
used
72,149
54,260
'41,749
5,890,356
5,261,890
4,215,287
4,286,005
2,193,899
._
1,713,412
829,821
981,062
1,058,148
413,813
443,054
1,123,588
effort
same
point
the
near
miles,
7.1
easterly city limits of Gadsden, Ala., approxi¬
together
FOR
with
ry.
—V.
$1,307,207
541,386
213,743
329,325
8,232
603,711
21,174
18,334,533
16,715,178
14,445,250
19,616,298
5,021,848
3,899,240
2,073,423
6,373,012
2,578,579
1,811,539
1,116,130
1,507,996
to
sell
421.
_
income
their
wili
product
have
be
at
American Bosch
The
Corp.—Proposed Consolidation—
stockholders will vote
with and into
March
14
on
approving the consolidation
Corp. (N. Y.)—V. 168, p. 2317.
this corporation of Amra
American Business Shares, Inc.—Registers With SEC—
The
SEC
at
company
Jan.
on
24
filed
covering 2,500,000 shares
market.
will
be
Underwriter,
used
for
*
registration
a
common
Lord,
investment.—V.
''
'
•
stock
Abbett '&
168,
"
'
•
p.
statement
(par
Co.,
$1),
New
to
offered
Proceeds
2677.
"
•
"
'
_
increase pairage production.
to increase although
continued
improved
by
lowest
possible
efficiency,
price."—V.
.
to
167,
the
with
be
York.
,
made,
the
$1,218,887
1.
p.
*
made to further
and
1945
$1,623,295
153,514
railwayrailway
:
been
YEARS—
1946
1—
oper.
169,
CALENDAR
1947 "
$1,494,311
473,618
from
from
Net
AND
1948
from
Jan.
appurtenances.
DECEMBER
from
Net
period
store
including labor,
41,558
increased
Taxes
has
$311,532
,
1.
year.
and plans have been
Air
'
American Can Co.—New Vice-President—
Harvey C. Hopkins, General Manager of purchases since 1944, has
been ndmed Vice-President in charge of
purchasing and traffic.
He will
assume the duties of the late Albert R.
Pfeltz, who died Jan. 4.—V. 168,
p. 1793.
„
*
■
shares common stock
(par $1.25),
Underwriters, Lord, Abbett & Co., New
for investment.—V. 168,
p. 2533.
to
the
profit after charges
be
York.
R.
tAdjusted
$17,582 to
of
tAfter
F.
a
Gagg,
"Although
Analysis
on
160 S*. Main Street
Bell
System
""29,954
the
application
of
a
tax
carryback
operating loss of $35,730 for that
$2,800 for Federal income taxes.
adjusted
provision of
net
profit
announced:
reported
for
the
ended
Dec.
Teletype SU
HOUSE
464
IN
*
;
Bonds due 1952-1979
securities
company
$6,942,078,
asset
value
are
at
its
to
per
market
quotations
share.
net
was
re¬
of
the
assets
stock as
of
Dec.
31,
1948
share. At Dec. 31, 1947 the net
Net capital gains distributed to the
per
option
v/arrants,
19,500
purchase
the
outstanding
$19.53
the year totaled $418,239,
oustanding
to
on Jan. 21 said in. part:
bank loan due July 1, 1950
$1,000,000.
to
equal
$21.59
was
stockholders during
holders
secured
valued
applicable
were
the
President,
the
shares
equal
without
of common
to $1.18 per
time
stock
share.
limit, entitling
at
$12.50 per
Edward D. Jones & Co.
F. Bonds due July 1, 1980
Circulars Available
qAllen
..
30
UTAH
With
1948
$2,000,000 to
St. Louis Listed and Unlisted Securities
Established
Upon Request
&
broad street
Telephone: HAnover 2-2600
New
St.
Bell
Teletype:
N. Y.
NY
2, Missouri
Members
Compan y
NEW YORK 4,
1871
300 North 4th St., St. Louis
1899
City 1
Straessle,
1,
from
Belleair Beach Causeway Revenue Bonds
$600,000—Serial
$650,000—4% S.
..
31,
A.
July
There
quarter
$1,250,000
Request
On
duced
ISSUE
3%-3H%-4%
Salt Lake
OLDEST INVESTMENT
after
1946
$1,845,867
' t",18,148
PINELLAS COUNTY, FLA.
EDWARD L. BURTON & COMPANY
Established
the
President, further
the
Amalgamated Sugar Co.
New
loss
1947
$1,664,524
f4,604
—
period,
Joseph
] 948
$1,487,240
—
credit
American European Securities Co.—Annual
Report—
Associates, Inc.—Earnings—
Quarters Ended Dec. 31—
NEW
ry
an
opened at Winnipeg, Ottawa and Windsor (Ontario)
is continuing its gradual expansion of retail distribu¬
new
a
Operating costs,
•Loss,
with
10,000,000
market.
will
at
were
has been opened in Hamilton
replacing a for¬
(municipal and provincial) and occupational costs
considerably higher than for the same six months period of the
Sales
on
87,375
$378,960..
"
railway
railway
Net ry. oper. income...
"Production at The John Ritchie
Co., Ltd., Quebec, factory subsidiary
(manufacturers of men's fine
footwear), has been maintained at a high
p.
Hartford,
company
114,729
December—
Gross
were
location.
continue
■
1897.
covering
152,062
•
Affiliated Fund, Inc.—Registers With SEC—
The
fiscal
previous year.
Net
SEC
previous
"New stores
every
$141,115.
Counsel Dies—
$480,209
153,113
income
EARNINGS
—44
1948,
1945
;$484,975
income...
railway
railway
p.
a
mately
44
30,
RR.—Earnings—
194*1
'y
-1947 *
1948
Alabama Great Southern RR.—Purchase of Line—
profits for tl?e six months ended Nov. 30, 1948 (after
providing
for income taxes at 1948
rates) amounted to 60Vz cents per share on
the 402,944 shares
outstanding which compares with 58% cents for the
corresponding period a year ago.
1
level
an
$2.08
2,736,856
1—
oper.
169,
Statement of Member Banks of
approximately 3%, as compared with sales for the
the
are
CO.
Fire
$2.36
The ICC on Jan. 25 authorized the
company to purchase from the
Southern Ry., for $145,000, a line of railroad
extending in an easterly
direction from a connection with its line
at Atcalla to the end of the
44
...
"Sales for the six months ended Nov.
mer
Unearned
year.
to
.
STANDARD FIRE INSURANCE
premium
$5,727,279,
-
43
—
Agnew-Surpass Shoe Stores, Ltd.—Sales Higher—Roy
Karn, President, on Jan. 21 said in part:
and the
company
$500,000.
The
was
resulted
are
$0.60
V,
from
from
—V.
"Net
underwriting profit of $2,603,777. In addition,
tributed earnings of
the Standard Fire Insurance
accrued
income
$1,180,936,
was
an
which
Company
premiums of $2,890,117.
for
$6,457,947
2,736,856
$5;701,648
2,736,856
$0.64
was
'
Automobile
This
increase in unearned
an
Net
INSURANCE
$1,637,237
2,736,856
"
2001.
p.
Jan.
From
$1,248,791
740,030
3,327,329
-$1,760,809
oper.
ry.
Gross
absorbed
taxes
846,546
4,443,046
___
Gross
underwriting profit of $1,716,995.
Federal
$9,769,007
783,467
share....
per
168,
Net
the
739,797
$2,632,956 $11,747,539
212.252
,.y V , y
from,, railway!
from fijiilway.
Net
premiums of $7,261,150.
investment
$9,029,210
1,373,618
income
From
Federal Reserve System
Auction Sales
$14,-
up
$1,800,000.
in
Banks
Condition
SURETY
&
ago.
703,405
Akron Canton & Youngstown
________44
Combined Condition Statement of Federal
Reserve
CASUALTY
not
year
" 1948—12 Mos.—1947
88,903
208,878"
expense
December—
Foreign Exchange Rates.
to
participating policyholders.
AETNA
a
$2,544,053 $11,044,134
$3,343,305
Gross
Redemption Calls and Sinking Fund Notices—44
Dividends Declared and Payable
44
>'
is
There
did
manufactured
as
—42
The Course of Bank Clearings
"group
end
the
for
large
Subsidiaries)
135,897
shs. outst., no par
—V.
Miscellaneous Features
1947.
$3,207,408
fgn. inc. taxes..
Earnings
Net
Insurance
000,000
Wholly-Owned
income
income
&
Com.
39
General Corporation & Investment News.Cover
State and City Bond Offerings
50
$440,-
was
orders
as
1948—3 Mos.—1947
————38
Net
$283,-
was
plans
orders
procurement
of
twice
Inc.—Earnings—
(net)....
income
Interest
1,171,551
department"
than
more
—-—36
CO.
employee
Force
backlog
now
sales, less discts.,
returns, etc.
Operating expenses'
__35
1947.
and
Air
of
company's
Gross
Net ry.
AETNA
cancellations
(Including
Transactions New York Stock Exchange..
24
Transactions New York Curb Exchange.^-^.-24
Stock and Bond Averages.—i..JLi.———
33
$136,105,973
s
148.842,016
supplies increased slightly during the fall quar¬
seasonal factors, and a good volume of new
products manufactured by the company continues.
adverse
Period End. Dec. 31—
Stock Exchange-———36
Stock
Toronto
Increase
$1,499,817,024
Co.
Standard Fire Insurance
Toronto
(with
1948
to
Air Reduction Co.,
--34
Exchange.—
Over-the-Counter
Casualty & Surety Co._____^
Insurance
31,
aviation
aviation
volume of new orders may be expected to decline
moderately in
nearby future pending clarification of government budget alloca¬
Export sales have increased as compared to last
summer, but
continue spotty."—V,
168, p. 1245.
Montreal Curb Exchange.—1——r——— .38
'
•»
Aetna
at Dec.
Stock
San Francisco
$350,000.
to
reserve
current
Other
Montreal
was
.
was
The
the
position
net
$24,845,135 $21,995,566 $94,855,827 $85,516,019
.20,621,487
18,531,533
79,904,316
73,079,372
Prov. for depreciation..
1,016,240
919,980
3,907,377
3,407,437
St. Louis
$750,000,
reducing the
contingency
reserve
to
5In the Standard Fire Insurance Co. the decline in market
$2,100,000.
values
for
34
Pittsburgh Stock Exchange.——
31,
values
in
Los Angeles Stock Exchange
Philadelphia Stock Exchange
contingency reserve of $41,000,000, against $39,300,*
1947.
tA decline in the market value of securities
of $1,450,000 in the Aetna
Casualty was charged to contingency reserve,
which now stands at $3,600,000.
tin the Automobile the decline in
000
in
financial
$17,517
Detroit Stock Exchange—_————35
$58,222,010 $52,375,839
31,136,236
29,287,076
11,537,937
8,829,684'
2,992,954
2,570,602
Co.
Exchange.——
Stock Exchange—
Cleveland
1947
.
improvement
of
of
tions.
25
Exchange
Stock Exchange—
Cincinnati
•Aetna
increase
an
The
--^34
385,936,515 336,751,521
_
evidence
company's satisfactory
fact,
Tl—29
35,675,859
5,727,279
_
(Bonds)—
Baltimore
tangible
The
the
-13
New York Curb Exchange
<u
255.848,855 225,106,762
85,701,795
71,036,060
Co.„„„„„„;
(Stocks)___
Stock Exchange
1947
$
Fire
New York
1947.
1948
Life
Copy
a
recorded.
of
greatly
affect
the
products, which is
Quotations
Page
companies in
in
New York
Premium Income—
Standard
a
Co.—Annual Report—
the
is
contrary
orders
is
maintained—in
"Sales
ter,
The
Aetna
Automobile
In This Issue
were
cents
been
assets
of
shares
share
a
has
Stock and Bond
$385,936,515.r" This
Cents
MISCELLANEOUS
-
1948, is very small, it
company's performance.
1948,
according
240,185
on
cents
payments
31,
shares,
with
share
a
Dec.
on
3137.
premium income
was
compared
aggregating
dividend
Aetna Life Insurance
1948
$1,247,369
outstanding
1947, equal to $4.99
outstanding.
Two
during. 1948.
In
paid
share.—V.
totaled
268,807'
on
75
Corporation and Investment News
PUBLIC UTILITY
-
Monday, February 7, 1949
Stock Exchange
York
Louis
Stock
Chicago Stock Exch.
1-573
New York
Curb
Exchange
Chicago Bd. of Trade
Exchange Associate
Phone
CEntral 7600
Bell Teletype
SL 593
2
(598)
share.
If
marekt
date
all
warrants
value
would
Iwo
June
THE
of
net
have
30
share
and
exercised
been
asssets
been
dividends
had
applicable
the
to
Dec.
on
31, 1948, the,
stock on that
common
per share.
paid during the year:
40 cents per share
per share on Dec. 24.
Of the total of $2.20
$1.30
distributed
in
Period End. Dec. 31—
Operating
Operating
per
approximately $1.10 per share (paid on
Dec. 24) has been designated as a capital gain dividend, taxable to
the,
stockholder as a long-term capital gain, and the remainder is taxable
as ordinary dividend income.
v
INCOME
Income
from
Income
from
Gross
interest.—
bank
on
8,392
80,652
$434,076
32,472
—
Expenses
:
_____
Fxd.
$557,341
40,640
82,625
$353,200
loan
Net
1947
23,287
Net
income
—
profit
sold
securities
on
Preferred
dividends
Common
ment
,
divs.
paid
paid
_
railway
&
Net
—V.
income
363,861
ASSETS—Cash
cost
(quoted
premiums
and
stock,
$355,500;
bank
no
stock
at
issued and
are
entitling
ident,
to
securities,
the
tective
committee
seek
to
sec
The
for
$7
authorizations
proceedings
the
been
for
the
filed
second
from
19,5uu
Net
F.
the
of
the
of
committee
snares
at
the
preferred,
instance
who
has
of
been
Net
the
are
McKenna,
&
income
12.1%,
'
or
SEC
by
McKenna
the
stockholders
to
for
Railway
Railway
pro¬
permission
in
them
represent
holder
the
of
plan
shares
100
being
as
Net
486.
p.
of
the
98,000
103,000
-Vy $171,161
air
and
of
the
expenses
oper.
fr.
rev.
110,000
..
Joint
$0.40
5,926,766
75,969,221
32,718
30,628,316
157,557
2,073,335
26,561,916
2.413,917
215,237
143,820
ry.
oper.
income
2,397,241
2,742,241
43,110,013
1,120,941
1,081,929
' 6,529,817'
a
chgs.
int.
.
West
Contingent
funded
American Steel & Wire Co.—New Appointments—
49,639,830
well, has been appointed as Assistant to the President.
Lewis E. Zender, member of the
company's public
for
11
Mr.
has been
years,
Ong.—V. 169,
relations
appointed Public Relations Director
to
Tax
^158,14-5
508,720
check
158,469
1,649,009
1,565,696
debt
1,491,903
1,452,479
17,705,819
-
staff
To
George R.
since
He
1943,
is
Crosby, General
retired
succeeded
President
T
•
:
of
1,
following
General
V.
•'
Counsel
jf.'
more
American
than
Robert
by
167, p.
'
'
•
the
of
Group since 1933 —V.
Amra Corp.
See
Feb.
on
as
the
Counsel
53
B.
Other
7,697,425
9,259,381
10,745,175
The
of service.
Hamilton,
5.432,414
Income
2,489,000
Contingent
Corp.
above.—V.
168,
available
first
in
Trust Co.,
mortgage
Va'% bonds,
3
series
due
Dec.
1977,
lines
are
the
exchange for outstanding temporary bonds at the Bankers
Wall Street, New York, N. Y.—V. 168, p. 2318.
it
Bankers
of
3
Trust
p.m.
sufficient
bonds,
due
prices not
first
July
to
1,
and
1961
exceed
refunding
The
to
to
105
-
stockholders
vote
on
a
exhaust
and
$11,483
interest.—V.
in
167,
will
proposal
be
to
asked
create
at
a
the
annual
issue
new
of
mine
Railway
meeting
in
$2,300,000
of
New
for
value.
stock
Curb
$1.20
to
Exchange on
dealings until
cumulative
company also had
added
to
the
450,000
to
the
Curb
Feb.
11,192
approved
date,
for
461,192
oper.
Railway
Rent
listing,
Other
in
conversion
of
the
but
Income
The
directors
share
on
the
on
Jan., 26
common
preferred
—V.
15, 1949.—V. 169,
p.
from
from
Net
ry.
Gross
Jan.
from
Net
ry.
—V.
169,
of
1949
25
to
cents
Gross
holders
from
Net
ry.
1946
Net
from
$132,312
Net
ry.
80,534
63 934
49,940
1,819,378
1,540,637
760,035
517,922
Net
329,112
247,252
Earnings
inc.
December—
Gross
from
Net
from
Net
ry.
Gross
1946
$365,441
16,154
$392,687
$276,303
$339,473
87,490
*79,435
52,638
*23,294
railway
railway
income—
87,566
*51,056
47,088
1—
from
Net
from
Net
ry.
-
railway
169,
p.
per
1945
•
The
Atlantic City
4,072,366
3,952,602
5,122 012
574,403
234,772
161,300
141,284
87,518
82,950
323,707
be
used
The
by
the
SEC
authorization
the
payment of $500,000 of notes
balance added to general
treasury fuhds.
the
Co.
in
borrowing is to be
made
to
due
Feb.
7,
The
banks
July
of
lVs%
borrowing
pursuant
until
is
to
July
being
which
11, 1947.—V. 169,
5,808
13,506
1949,
and
$275,788
47,426
$2,941,508
557,273
$228,362
$2,384,235
$1,164,550
Western
&
p.
made
1949,
and
under
$2,750,000
203.
*
1947
1946
at
$604,424
275,738
269,880
$710,267
131,606
101,791
323,944
is
its
a
credit
previously
at
1%%.
agreement
was
8,885,847
3,592,198
8,436,156
3,689,779
1,894,011
1,785,783,
-
„
-
per
ry.
From
the
Net
sinca
Net
3,196,232
$3,342,412
9,487,343
4,311,317
,:
"
:
Power
&
•
Co.,
•.
*
.
Reconstruction
for
and
Ltd.—Gets
Development
the
to
and
an¬
company,,
increase-
to
facilities.
for
period
a
will
loan
of
25
and
years
is
July 1, 1953.
the company
begin
of
the
Canada
and
loan
in
$2,000,000
with
Canadian
a
in
by
3'/2%,
at
with a 1%
fund.
Amor¬
reserve
is
expected to spent-:
the remainder to
Britain,
and
telephone
is
program
about
subsidiaries
corporation and has
It is proposed to
Paulo.
Sao
50%
expansion
169,
to
by
in
certain,
The
40%.
$182,000,000
cost
expenditure
local
for
p.
expand
installations
estimated
$107,000,000
resources.—V.
Lion
that
this
within
coming
from
375.
168,
the
to
share do not reflect the incomes of
the American Bemberg Corp., the
we re
acquired Dec. 21, 1948.
Earnings
and
plant
a
January.-
in
—
production
new
total
A
record
all-
of
26
directors
Burlington
&
Quincy
RR.
in
April,
Ltd.—20-Cent Distribution—
have
declared
March
the
1948,
Chicago,
2427.
p.
1
Fund
a
20
dividend
quarterly
stockholders
to
paid
Fund
ended
1948
valued
etc.—V.
at
169,
p.
cents
of
each
record
Feb.
of 20 cents
15, 1949.
1,
March
on
June
pe •
and
1
with
net
assets
$5,443,472
and
of
$5,729,111,
$285,639
in
consisting
cash
and
ot
other
3.
Burlington-Rock Island R R.—Earnings—
December—
Smaller-
set
company
(Philadelphia)
Zephyr
payable
The
856,281
$3,927,894 ."$4,166,380
>
$4.13
- $4.39
$1,608,144
$1.69
Light
Bank
announced
assets,
Net
from
Net
ry.
1948
1947
1946
$386,830
$297,595
$296,566
109,851
101,733
84,962
38,888
28,584
35,693
$295,041
110,53.?
53,86d
4,677,813
3,826,987
3,221,436
3,270,836
1,403,877
923,149
693,283
1,119,567.
650,225
railway
185,667
67,714
502,57:1
railway^
income
oper.
1945
From Jan. 1—
Gross
from
from
Net
ry.
—V.
computed on the basis of 948,820 shares and no
was
given to the additional 251,180 shares which were
connection
of
to
the
with
Feb.
on
1
loans
acquisition
declared
1
stockholders
a
of
of
these
railway____
railway
income
oper.
169, p.
106.
dividend
record
of
Feb.
incurred
Rayon*
in
connection
Corp.
and
the
California Electric Power
companies.
25
16,
cents
1949.
The
share,
per
This
com¬
SEC
was
accelerate
the
with
the
American
Bemberg
the
Corp.
of
Jan.
income—
$1,298,660
*348,888
179,484
part,
1947
1946
1945
v'.
$714,850
*268,593
$780,384
*6,372,573
20,536
406,679
*1,763,897
from
railway
railway—
ry. oper. income—•Deficit.—V. 169, p. 2.
26,415,941
22,891,463
10,108,082
7,828,302
9,740,645
15,770,418
4.094,105
17,669,430
*2,932,775
7,580,819
4,682,886
1,803,278
filed
Co.—Registers Bonds—
a
series due
registration
statement
with
thr
1978.
will be used to retire $500,000 of bank loan note5*
borrowings for construction purposes and to finance, hi
its construction program. This program calls for expenditures
$5,600,000" in
1949
and $5,000,000
in
of
1950^ for California Electric and
; v.//"'V-'
has on file a registration statement covering aii
shares of 5V2% convertible preference stock, 194'»
be underwritten by William R. Staats Co. of L< v
Angeles.
Proceeds of this offering also are yto be applied to cor, struction expenditures.
company
of
also
100,000
(par $20)
to
Definitive Certificates Ready—
vv
5V2% convertible preference stock lhav
certificates at either of the
transfer
agents:
The International Trust Co
17thi and CalifornU
Streets, Denver, Colo.;
or
Bank of America N. T. S. A., 660 South
Spring Street, Los Angeles, Calif.—V. 169, p. 496.
Temporary
1—
3%
its subsidiaries.
series
$1,308,438
111,255
28
proceeds
evidencing
The
1948
railway—
railway—
Jan.
on
proposing an offering at competitive bidding of $3,000,000 of first;
Net
dividend
the
company
mortgage bonds,
each quarter.
2678.
p.
oper.
from
$3,196,232
Sept. 1; and 50 cents on Nov. 23; or a total for the year of $1.10 per
share, compared with $1 per share paid in 1947.
1948—9 Mos.—1947
1948—3 Mos.—1947
earned
3,559,221
$5,680,031
—
charges
Bullock Fund,
•
$1,212,292
$1.27
82,0,085
$5,750,605,
3,554,371'
were
from
Net
Gross
with
borrowed
,
$9,239,252
^
the United States.
Red
1934.—V.
7,471
1,692,426
December—
thereafter
$5,930,518
2,337,619
is
Net
American
from
$8,270,759
—
and
Pioneer
1945
$866,454
9,817,614
3,818,314
>i,
and
294,992
!_
income
it had granted a $75,000,000 loan
hydroelectric .installations in Brazil
the
years,
In
170,253
share
3,295,411
416,612
28
company's
share,
451,420
taxes—
3,998,851
___
stainless steel railway passenger cars were delivered during that month.
Included
was
the
1,000th
car
Budd
has
built
since
it inaugurated
the modern, lightweight, railway
passenger car era by delivering the
Ry.—Earnings—
acquisition
Gross
1948
1947
$94,165,928 $84,277,139
73,742,349
66,484,620
7,737,357
8,271,598
(The) Budd Co.—Production at New High
$1,716,132
551,582
to
Net
106.
Brillo Manufacturing Co., Inc.—Secondary Offering—
Blyth & Co., Inc on Jan. 31 offered as a secondary dis¬
tribution 3,400 shares of common stock (no par) at $14.7J
a
share, with a concession to dealers of 70 cents a share
—V. 169, p. 375.
60,212
.
Bessemer & Lake Erie RR.—Earnings—
in
11,
the
98,810
$1,655,920
Miss, Inc.—Earnings Off—Dividend
March
168,
The
,
•"
Jane.ro
offering
$850,000 to
New
rate
115,511
$2,913,380
28,128
company
announces
that the reduction in
considered
advisable
in
order
to
conserve
funds
—V.
borrow
equal amounts from Guaranty Trust
York and the
Irving Trust Co., and will be represented
promissory notes maturing Dec. 31, 1950, and
bearing interest at
of
6,312
$262,282
payment
received
horse¬
Earnings Higher—
etc.
capacities
aggregate
five,
1,634,582
The
2.
ar
~
company
de
power
$1,557410
with 50 cents per share previously paid
pares
Electric Co.—To Borrow—
company has
2,646,740
$972,625
railway
directors
payable
Whitney 3,500
turbosuperchargers.
made by Hamilton Standard.—V,
169, p.
Traction
in
investments
consideration
in
$1,500,000.
and
Electric
,
$2,797,869
Rayon Corp.
interests in which
share
North
The
Rio.
1948—12 Mos.—1947
1—
per
Pratt
General
._
proceeds
in
spent
Tne
at
272,403
American
issued
■
755,790
income___
*Deficit.—V.
■
4,568,673
railway;—
oper.
be
$1,168,111 $15,539,749 $12,135,678
639.738
10,095,140
8,943,986
1948
income
will
further payment on the $30,has been paid to Boeing so far.
approximately
four
by
have
fixed
is
of
the
Of
The coking coal from
Wheeling, W. Va.,
Va.
plants
$255,970
Lake
_;
railway
controlling
1947
oper.
From Jan.
RR.—Earnings—
1948
;
Sour
after
a
J
its
loan
tization
by
$354,459
period End. Dec. 31—
North
Point
future
45,709
1,115,889
March. • Sub¬
new-Clippers
496.
Jan.
Gross-from
496,407
Wrest
near
47,216
income
—V. 169, p. 106.
Net
&
steel
the
in
opened
$401,675
oper.
2,407,618
"
income
as
costs
——
telephone
The
for
income
Beaunit
late
the
yearly commission to be set aside in the bank's
Mich.
:
railway—.
from
1947
2.
Atlanta
be
to
$395,867
'
railway.
From' Jan.
Gross
for
delivered
968,493
p.
expand
its
It
bitu¬
Dr24,422
(net)
oper.
$152,358
60,742'
railway
railway
p.
of
427,907
income
available
from
Net
1—
oper.
Coal Co.
tons
169, p. 2.
102,572
—
_____
from
Net
1,000,000
$420,289
income
1948
railway,.
income
is
$1,899,230
1,051,034
charges
charges
$199,872
railway
oper.
From
15,
Ry.-—Earnings—
December-
Net
dividend
March
374.
Atlanta & St. Andrews Bay
Gross
Clinchfield
1948—Month—1947
December—
initial
an
payable
be
The
American.
charges
$8,000,000
Weirton
(net)_,
Beaumont
$1,000,000
powered
International
The
declared
stock,
in
Detroit,
fixed
Aspinook XJorp.—Initial Dividend—
per
owned by the
production of
Morgantown, W.
near
used
income
oper.
income
Net
outstanding.—V. 169, p. 202.
of record Feb.
ry.
Fixed
stock
to
It
shares of its $1 par common
shares already authorized
for
issued
Co.
mine
expenses
oper.
is
-1
'
after
nounced
Virginia.
accruals
income
outstandingwithout par
preferred
is
annual
revenues
tax
planned
are
are
Pan
of
Clippers
interest,
169,
The
new
Railway
than
income
Brazilian
,
Overfield
and
oper.
as
also
$75,000,000 Loan—
22.
the Berryburg Branch of the B. & O. at Berrymuch of its route it follows the 'valley of Elk*
construction since September cf 1947.
West
be
Y.,
Railway
March
more
unissued
list- when
2
later
a
convertible
The
addition
stock
York
admission
of
Overfield, W. Va.. this company has
a nine-mile spur costing $3,365,-
near
15-year
Ashland Oil & Refining
Co.—Listing Authorized-—
The
Steel
will
N.
other
Net
not
at
northern
Weirton
program
factors
will
operations.
•/,' .•/
under
Period End. Dec. 31—
promissory
shares
—V.
Bangor & Aroostook, RR.—Earnings—
646.
p.
for
estimated
an
and
aircraft
operating
Net income
18,351,336
mine, having an estimated annual production of
500,000 tons, is owned by the Sharon Steel Corp., and is located near
Fairmont, W. Va., on the old main line of the railroad.
It will serve
the Sharon steel mills at Fairmont.—V.
169, p. 106.
notes.
The net proceeds would be used to
prepay
$1,238,000 of 4%
notes and
to aid the modernization of the
company's plant.—V. 169, p. 374,
J
22,113,172
—
Jan.
on
million-ton-a-year
The
4'/2%
50-year
gold
the sinking fund, at
mortgage
in
this
Artloom Carpet Co., Inc.—To Increase Indebtedness—
4%
,
coal,
Buffalo,
Co., trustee, 16 Wall Street, New York, N. Y.,
April 12, 1949, receive tenders for the sale to
on
mine
new
have
service
airline
____
'
'»•
Gross
and it is expected to last for 25 years or more. ... /..) • •
Two other new
bituminous mines, with an estimated total annual
production of 1,5CO,000 tons, also are being opened on the B. & O.'s
16
until
been
will
Aroostook Valley RR.—Tenders
Sought—
The
will
and
A
1,
mine
coal
joins
spur
has
It
minous
2318.
p.
new
The
!-Vyi
Appalachian Electric Power Co.—Definitive Bonds—
Definitive
Act—
10,404,254
announced
Creek.
(N. Y.)—Proposed Consolidation—I
American Bosch
Act
Insur.
taxes
burg, W. Va.;
Vice-
a
1254.
k
f
Group
of
between
10,429,922
963,743
Retirement
Unemployment
new
a
simulated
of
*
Rentals,
was
31
first
fleet
conditions
income
7,617,987
just completed and placed in operation
Surety
years
serve
Honolulu
service
which
railway
22,158,295
—
it
the
performance
flight
—„—
635,779
Serves New Coal Mine-
000,
Jan
double-deck
is
American's
Such
airline
weeks
on
first
This
pre-passenger
'training.
actual
expenses
1,735,588
succeed
American Surety Co.—New General Counsel—
:
Airways
the
revenues
Net
Total
2.
p.
eamed f0r
:.
Equipment rents (Dr)
Joint
facility rents
(Br)
on
Railroad
income
Pan
More than $7,000,000
new
plane
new
633,652
Railroad
Federal
and
more
the
1,013,752
a/c
extra
17,402,979
interest
tax
join
extensive
crew
involve
Atlantic
for
of
Taxes
480,173
127,243
debt
a/c
will
Boston & Maine RR.—1948
36,405,654
251,632
income
Excise
of
12 Months Ended Dec. 31—
•Includes:
William I. Ong, who has directed the
company's public relations
department since its organization in May, 1937, and the iOhio-Michigan
district public relations activity of other U. S. Steel subsidiaries as
cents
World-
Co.
.
an
additional
as
.
Net
will
Coast
the
Operating
Operating
than
fund,
on
1949
cents
extra3
plus 5 cents
Co.—Special Offering—A special offering of
12,250 shares of common stock (par $15) was made on
the New York Stock, Exchange Feb. 3
by Kidder, Peabody &Co.,with acommission of 900. jThe sale was; com¬
pleted in the elapsed time of 41 minutes.—V. 168, p. 2679.
1,841,901
debt—
other
funded
on
Fixed int.
■
3,824,170
deducts, from inc.
Fixed
cents
1">
Borden
7,305,705
3,518,182
plus 50
American
which
under
000,000 contract.
•
29,099,949,
_________
income
each
plus
complete
the
sale,
A.
A.
Priester, Vice-President and Chief
Engineer of Pan American, handed William M.
Allen, Boeing President,
59,917,683
3,007,987
(net)__
Total
cents
5
rents
Net
169,
'•'-■''Vf.:'*
fac.
Other income
Light Co.—Weekly Input—
Jj) '
4,437,400
2,040,762
and
authorized by the
determine is neces¬
To
$178,583
-V
Cr215,840
opers.
ry.
25
cents
25
..
ground
This
into
go
32,856,136 400,190,447 360,294,995
26,929,370 324,221,226 300,377,312
31,253,801
26,816,401
revenues
*
485.
p.
oper.
15,
Airplane
.
operation
sequently
1948—12 Mos.—1947
i
Pan
plans
tip propellors
"
if
public demonstration of the Clipper America will be in Wash¬
ington, D. C. in February.
First passenger flights will be between
288.583
$0.38
planes
engines
• •
Jan.-15,
30 cents,
August.
square
'<•" v 1
the
Stratocruiser-type Clipper.
power
$
Oct.
22
300,000
regular quarterly dividend of 30
stockholders of record March 1
a
Boeing
RR.—Earnings—
y a-,, •
directors
to
and
that
1948—Month—1947
r=.'"
stock,
as
follows:
23,
April
on
from
first
$4,114,565
,
new
American
Each
Ohio
15
Dec.
announced
and
for
Dec. 21,'46
274,161
—
Railway tax accrualsEquip, rents (net)
the
of
unfair
the corresponding week of last year.—V.
over
$5,426,256
256,529
.
for the
period
share_____—___:
per
Dec. 20,'47
$5,775,517
_
additional
23
as
held
stock
*° $8 *** Sh£U'e ^ ^ Sh°Wn 'aS
is
Pan
America—Earnings—
$158,529
$0.35
taxes—
and
took
delivery from
7a-pas.enger Boeing
cost
taxes.—
(.
week ended
kwh.,
appointed
been
how
Dec. 25.'48
Period End. Dec. 31—
Jan. 27, 1949, the System inputs of subsidiaries
of this company amounted to
258,293,000 kwh., an increase of 27,926,000
has
2427.
p.
before
income
Misc.
American Power
Y.,
374.
The
inequitable to the second preferred stockholders.—V. 169,
For
N.
p.
—V. 169, p. 2.
Foreign Power pending before
March l.
listed as William J. Hamilton,
on
opposing
York,
169,
___
Earnings
common
ot
Philadelphia, Chairman; John F. McKenna, of Philadelphia,
Secretary; and George L. Stark, of Philadelphia.
The committee was
formed
New
were
be
use
declared
March
to
capital
shares.
Boeing Airplane Co.—Delivers Stratocruiser
to PAA
Executive Vice-President, has been elected Pres¬
Robert P. Page, Jr., who has resigned because of
168,
quarter;
authorized
600,000
such
igjgilv
6,003,954
Coogan,
income
Federal
of
Jr.,
each
168, p. 2426.
stockholders
hearing
Co.,
stock.—V.
Sales
1950,
1,
"
preferred
such
reorganization
and scheduled for
members
with
7,684,913
annual-meeting
to
for
extra; April 15, July
4,055,425
.
It
Trust
common
succeeding
-,
has
share, payable
Payments in 1C48
per
Corp.—Registrar Appointed—
Baltimore &
application
3,991,328
1,576,230
772,842
12 Weeks Ended—
American & Foreign Power Co., Inc.—Protective Com¬
mittee—
An
343,136
Automatic Canteen Co. of
at
of
amort.zation
for
July
purcnase
price of $12,50 per share.—V.
a
■
138,480
studied.
outstanding option warrants, without
tne holders
394,543
—
3,049,642
149,152
their
at
be
will
sary or desirable.
The directors have
1948
,
NOTE—There
limit,
31,
reserve
total, $5,605,341.
time
chgs.__
5,126,754
ctn
stockholders
Cr520,802 Cr6,698,639 Cr7,148.217
72,367-
at
outstanding)
Autocar Co.—New President—
$1,000,000;
par value
(issued and outstanding, 355,500 shares),
warrants
(see
"note"), $585;
surplus,$4,249,256;
option
Cr329,613
31,861
Manufacturers
Edward
total, $5,605,341.
due
loan,
1,475,931 %
869,633
.
stockholders
T3 „col/lslner incrPa,6ing the
shares (all
20
337,804
investment
$207,927;
receivables,
LIABILITIES—Secured
common
DEC.
market $7,734,151),
after
bonds of $3,411, $5,397,414;
on
inc.
~
486.
p.
ill-health.—V.
OF
AS
157,399
deducs.__
income
169,
rents
oper.
conting.
Atlas
355,421
418,239
—
SHEET
Black, Sivalls & Bryson, Inc.—To Increase Stock—
The
invest¬
Capital gain dividend paid on common stock—
BALANCE
10,346,947
w-
_________
registrar for
61,891
—
undistributed
from
Monday, February 7, 1949
1948—12 Mos —1947
341,956
415,989
;
facil.
income
The
Net
expenses
Miscellaneous
$548,949
$466,324
—
—
CHRONICLE
12,737,722 136,336,690 128,429,923''*
9,709,915 118,287,514 112,461,791
1,250,000
10,300,000
10,450,000
301,876
2,622,422
2,468,490
450,000
Other
$443,037
'
__
11,823,979
revenues
Equip. & jt.
;
1948
dividends
income
Interest
:
ACCOUNT,
1948—Month—1947V
Taxes
,
COMPARATIVE
FINANCIAL
on
1948,
Calendar Years—
&
Atlantic Coast Line RR.—Earnings—
$19.16
were
COMMERCIAL
be
exchanged
certificates for
for definitive
Volume
Number 4775
169
Cambria & Indiana
RR.—Earnings-
December—
Gross
1947
$138,235
$96,047
$124,026
"ft.,4^4
16,ri33
*o0,40 J
8,992
23,0.2
50,824
;■■
.,*2,772
61,112
1946
1945
N.
Net
ry.
railway——
railway—.—.
from
1,564,222
income—
oper.
1,C48,375
*_5,434
9,931
169, p.
654,403
1,347,526
499,491
062,213
mately
lor, Chairman,
Jan. 12 said in part:
on
<
.
The Canadian plants of the company operated
at full
per
•
i.
■
year 'ended Oct. 31, 1948.
In the Un ted States considerable
location of production was encountered which involved much
d
a
nature.
non-recurr.ng
and
after
Consolidated
absorbing
loss,
a
profits, for the
incurred
1
V
tax
come
ciation
the
in
laws
"It
erty
and
loss
The
interested
your
know
to
that
under
account.
at
Oct.
1948,
?1,
reveals
bankers
curred
tions
in
to
in
the form of
the
amount -of
-
refund
this
loan
long-term debentures which
the year.
'
_
1949,
which
31^""""
sales
.___
Government
of
sales
goods
Gross
and
'
taxes-
31,137,020
adminis.
It
is
Other
-
$14,463,230
554,273
Prov.
deductions
for
Minority
&
excess
Dividends
Earnings
Net ry,
ry.
*3 943.590
4,524 340
5,619,000
237,425
$6,849,535
$6,170,415
$4.7C4.09l
3,500 000
2,257.773
tax
CONDENSED
(Stated
in
crcd't
of
1943
BALANCE
Containers
SHEET
AT
of
OCT.
plant
S.
(net)
31
1947
$17,417,275'
95 613
hand
stock
preferred
of
share
for
chare
for
New
ing
1,871,201
,025,111
pavable
and
accrued l'abTties..—
profits: taxes accrued, less
$5,621,322'
—
excess
payments thereon ■
Debentures and notes
Notes
■___
that
payable
banks
to
S.
loss
'872,257
10,000,000
5,000,000
•;
de-
v.'
of ..the
339,437
;
■
748,531
150,000
the
20.451,123
1.726,565
9,436,633
with
bank
sented
i.
under
by
'
of
$1,C17,290
loan
in
1947
agreement
2;200,00 shares
of
no
for
par
..
at
co't
1948,
after
plus
ravfheni
of
value.—V.
•'
\"0;:1Vi
$7.585 576
U.
S
interest
u.
S.
168,
p.
mortgage
bonds
March
due
1952
the
Royal
render
,
of
and
1, next, at 101
Immediate
s
payment
Trust Co.,
and
the
of
'
'
from
called
price
be
proposed
Burr
the
second
first
at
of
company
Proceeds
of
would
be
oper. income—p
*1,237,052
""Deficit.—V. -169, p. 3.
*167.102
*1,167,794
*1,255,470
*884,114
approximately $2.92
V.
'
Gross earnings
Working
$
»;''
■•"
were
accounts
The
order
applicable
Commercial
Dana
to
take
depreciation is
established,
the
William
and
and
<b)
portion
Financial
into
135
American
NOTE:
S.
La
of
-
;
•
Chronicle
tax
account
of
per
the
year;
in
figures,
company
help offset
•
in
D.
at
U.
"The
the
in
the
post
of
the
bidding
and
tr'ps
during
perm't
165,671
89,865
1—
10,561,435
9.469,623
2,121,926
1,646,722
743,796
942,321
439,635
*427,059
railway
railway—.___
income.__
oper.
169,
&
Western
of
to
'
.
98,325
railway____
railway___
income—
to
Candy
outlined
as
in
result
16
competitive
as
in
:
mortgage
bonds,
4,522,897
1.009.657
716,685
360,680
3,747,876
229,503
13,080
'4,031,070
738,243
533,243
t}ie
at
total jn
1948
169,
in
market
at
share,
per
1947.—V.
Railway
U, S.
Dividend—
cents
90
was
share, iCompared
per-
with
375.
p.
its
11th
annual
value,
the
report
shows
net
assets
of
the
1,802,835
out¬
31,
rep¬
1947,
$12.73
was
close
of
the
168,
10
p.
paid
2540.
the
same
and.five, paid
1948—Month—1947
S
'
Other
Net
revenues
25,937,141
profits taxes
excess
divi¬
in.'1948
less
than
1.857,360
2,130,811
1,897,029
797.082
period
after
on
after
i
share
Com.
per
'"Calculated
$0.09
number
of
merger
allowing for
of
at
Ohio- and
ends
and
to
excess
Dec.
Pere
share
per
on
less
before
for
concerned." ck
this
years
was
was
1939-1945,-
income
deduction
stock.
common
31, 1948
deduction
such
the
potential
before
the
The
tax
was
and
saving
The
$36,345,535,
net
84.56
or
in
equal
interest.
to
for
share
per
income
thereon
such
21
deduction
income
and
$936,300
interest
on
$1,733,382,
corresponding
$6,554,100.
stock.
mon
of
deficiency
taxes
1947,
income
$4.44
respective
Marquette,
preferred dividend requirements.
profits
31,
The net
35,387,327'
of
NOTE—There is > included in
December, 1948, a deduction
representing accrual for one-seventh of -possible'"
pro¬
4.2,615,153
$3.72
outstanding
Chesapeake &
21,535,457
19,951,926
17,663,344
45,448,385
29.79.1,435
$0.21
shares
.-%•■$"
312,953,036
23,077,156
1,675,308
'
Earns,
*•
k
897,780
1,546,149
income
oper.
income
1548—12 Mcs —1547
27,133,171 334,555,157
1,574 230
railway taxes.l'
ry.
Net
*
oper.
and Canadian inc.
&
also
as
Common
Chesapeake & Ohio Ry—Earnings Decline—
transac¬
far
557,279
.
Period En.dv Dec. 31—
could
cents
for
the
the
period
on
com¬
Including the results of operations of its wholly owned
subsidiaries,.
& O. earnings per share for the
12 months ended
Dec. 31,
C.
1948
sell
ilk';
,
256,259
their
dends
$4.08, and net earnings per share for that
period, before deduct¬
the unusual tax .charge-applicable to pbior
years'
were
corrnetitiwdy
series R, due 1979.
short-term notes.—
outstanding
93,579
Co.—Omits
1947.—V.
against $,13.79
in
$5,000,000 Bonds—
to
17,904
113,768
value,
taking
per share at Dec.
31, 1248,
previous year..
Total dividends paid
by the Fund in '1943 amounted to 65.5 cents
per share, -pf which 46.7 cents
per share was derived from investment
income and 18.8 cents per share -from
realized capital gains.
Of the
companies :in the portfolio on Dec. 31, last, 18 increased
portfolio
-
Com¬
so
1945
$287,518
65,779
Dec. 31,
1948. of $22,960,307, represented by
shares, as compared with $23,365,405 on Dec.
by 11,693,868 outstanding shares;
Net
a "-set
on
resented
to
the
bidding is
permission
k
of
each. : The
standing
hear¬
conditions
"in
1946
$340,045
96,887-
5,110.996
period to Dec.
the
SEC
105,701
Chemical Fund, Inc.—Net Asset Value
per Share Off—
a
above,"
competitive
-Earnings—
*
Feb.
on
The,corporation
in
now
49,378'
2 announced that
they have decided to om't
dividend ordinarily payable on or.. about Fkb. 15
common
stock.
Quarterly payments in 1948
i^fere ai follows:
and May 15, 30'cents each;
and Aug.
16 and May 24, 15
cents
to
,
the
241,388
1.120,839
3.
p.
directors
the
Feb.
cents
•
•
case
reduce
income___
oper.
169,
8
1—
payment
on
a
under¬
the
Ry.
1947
$403,960
from
from
ry.
Carolina
1948
$423,203
Jan.
*33,649
8,275,998
railway
railway___-___
oper.
53,635
24,547-:;'
107.
p.
underwriters,:
ing
$4.91.—V. 169, p.
operations,
496.
were
.
•
.,
on
&
Power
Assistant
subject
to
audit,
share for
per
Oct.-
1,
of
its
rates
on
indicate
MacDonald.—V.
27
anno'onced
that
earnings
application'
an
to
make
to
nominal
a
of providing additional
operating costs.
purpose
the
will
the
application,
w'll
revenue
Jan.
on
21,
be
served
for
«Heiser,
as
who
has
been
Vice-President
the' past
four
fo^
He
years.
is
William
Manager
0613);
B.
Dana
Published
Company,
twice
1
a
Drapers' Gardens,
New York," N. Y.; under the
the
succeeding
past
company
11
also
years
President
$38.00
exchange,
per
year.
remittance
Other
for
Act
Countries,
foreign
Publishers, 25 "park
[every Thursday
week
London.
of
E.
C.,
March
$42.00
;;
1945
income—
oper.
2 097,408
3,108,03.9
241 ,363,651
from
Net
from
Net
revenue
ry.
railway
railway
221,179.011
73 ,475,641
32 ,737,4.95
71.182,667
31,780,908
1,381,555
6,947,622
income___
oper:
"Deficit.—V.
effec¬
195.925,665 242,542,798
56.674,993
68,391,877
26,991,098
34,349,789
169, p. 203.
Chicago & Eastern Illinois RR.—Earnings—
Gross
from
Net
Gilbert
Net
L.
from
ry.
1948
railway——
oper.
1947
1945
1945
$2,811,132
$2,874,151
$2,063,599
$2,104,340
496,554
689,269
*320,597
171,591
railway
income
225,239-
1,865,549
1,252,634
96,283
32,625,027
5,908,092
28,508,455
29.666,438
4,214,705
24,641,104
1.On,186
2,216,509
2,285,042
*197,214
From Jan. 1— :•
with
the
1946
help
President,
.
Mr.
Office)
at
ry.
Gross
Central Ohio Steel Products
Co.—New President—
•B,
John Hsiser has. been elected
Stiefel, who died last September.
1947
From Jan. 1—'
Ohio
stabilize earnings and
well balanced financial
condition, added
1G99.
168, p.
1948
from
railway
! $19. 821,229 $22,791,243 $15,671,130 $16,458,711
Net; from railway.—__3i f 5, 729,603
7,710,793
3,260,674 *22.383.487
increase
1949,
'■
December-^
Gross
that
Net
made
increased
approved
Ja**.
1948.
1948,
for .the
of 'the
some
Commission-
Chicago Burlington & Quincy RR.~ -Earnings—
Co.—Earnings, Etc.—
Treasurer,
since
and
of
1925,
per
England,
3.
1879.
director
Net
Net
a
p.
Edwards
Subscriptions
year.
subscriptions and
has
*
1991.
Place, New York 8.
(general news and
c/o
advertisements
Gross
company's
as
the
whclly-cwned subsidiary, The Galion Allsteel
Body Co.—V. 166,
State
office
of
income—
Jan.
Chase
order
underwriter to
that,
to
IncT- -Earnings-
oper.
Net
remaining
to
$1.63
1945
from
Gross
660.(00'
$1.68-v
$682,442
December—
the u
Business
Canada.
rates
660,000
'•
outstand¬
sold
$1,109,681"' $1,076,764
„
1946
and
otherwise, Cen¬
whether
asked
Jan. '25.
Mr.
•
Patent
(Telephone
Dominion
fluctuations
S.
Riggs.
111.
543.1'
from
The
hearing
the Commission's
this
This-additional
keep the company in a sound,
the
sinc°
accruals."
(Reg.
——
sell
rights
discussions with
further amended to the form
general
.
MacDonald,
certain
tive
non-rajlway
income
Sail®-
$35.00
increases
accrued mode effective
to the distribution to
Seibert,
Union,
On
L.
to
194^—12 Mos.—1947
" • $
account
President; William
St.. Chicago
3.
second-class matter
February 25, 1942.
offices:
r.o
which
first
of
be
254
$774,620
122,991
ry.
_n_Ld_f_! -S'1,883,166
in
rates
203..
p.
in
$3,923X01 $18,419,166 $22,872,189
Leslie, .Vice-Pi-esident and
Comptroller, raid: "Working
expanses
for December' were
$1,600,000 higher than they would
otherwise be,
owing (a) to the adjustment of the rates
used in
calculating deprecia¬
tion on a user basis
on
of
any
will
compet'tive
Publjc Utilities Commission .for pernrssion
kE. A.
investment
surplus—
railway
hearing
field
from
Central Ohio Light
iH.
2.291 56$
'1.07.7X38:., 28,604 054 3t"5.24^X02 "»18 515
°19
29,194,152
24,681,553 338,820,536 2"5,693,730
1_
expenses
Net earnings
169,
The
1948—Month—.1947
plus
*
3,470
*48,616
Canadian Pacific
Ry.—December Earnings—
.
from
-
used
preliminary
j
shares,
the
49,788
637,116
1947
From
85
of
taxes—
175,180
from
the
five-sixth's
subscription
after
of
1
and
*580,°07
Period End. Dec. 31—
and
57,730
3,740
674,051
interest
income
$878,598
Net
common and 6 %
of one-sixth of a
77,8%
its
stockholders,
concurred
Feb.
on
first
2,09'Lr?8
v',#X
minority
state
264,400
from
Fund
doubt
exemption
an
*511,948
Net -ry.
but
was
"We
Rowen
2.183,674
1—
railway
railway———
waive
Seeks SEC Permission to Sell
$5 000,000
$187 668
*61,307 •>
*'1C0.093 ' "
and
and
$1,763,222
railway.—
Net
negotiate."
^Commissioner
granting
1945
$1^2.528
'
—
Charleston
if the
*572,180
Jan.
from
from
owns
underwriting;"
history
2.404.PR1
From
Net
bw
basis
1,051,970
$1,845,202
—
1948
ry.
Gross
company intended to include Coffin & Burr
among
underwriters with whom it
proposed to
the
The
*67.388
which
Sur¬
1946
1,203,818 *
expense
'•"Deficit.—V.
-.i:"
■
the
1947
$958,435
ry.
Gross
p. 375.*
-offering proposal was latnr amended to
for underwriting,
only Coffin & Burr offered
dealer-solicitations of stockholders'
subscrip-
proposal,
commented,
be maintained
England—Earnings—
$3"3.574
•
by
issue
■
0.1
1948
———
Federal
-
from
Net
stock
fee
"Consider'ng the
™ade
p.
from
($10 par), the proceeds
short-term bank borrow¬
isubscriptioii
'will
conducted
the
*114,991
*40.313
of
*
Subs.)—Earnings—-
: i
$24,385,601 $22 745,108
21,333,581
19,930,915
profit
for
168,
.
From
Meeting—
Commission
when
*94,374
Gross
?
the
&
$190,981
—_
oper.
to
(&
sold
profit to
Net
'
and
5,701,403
$2,412,216
Central Verihont Ry.,
stock
reduction
.
presentation
1947
authorization
oommon
sought exemption
income—
from
ry.
—V.
v!
.manager
a
and
mission
redemption
will
as
on
this
on
;
1948
,414,057
of
basis, "Despite the risk free character of
substantial compensation involved." Prior
'
upon
4,876,401
$5,565,163
'
—V.
shares.. These
•i; staff, the stock offering
posed. i.
; "
-*
*
SRepre-
1252.
for
516,950
$202,4.0
Capital, shares outstanding
Earnings per share
Net
company
purchased
railway,—
railway
Net
Net
Net
38,253,680
1,166,648
3,807,448,
,307,431
1
provision
;v-'r
been
redemption
Montreal, Canada,
said bonds.—V,
187, p. 543.
December—
'
full
Canadian National Lines in New
Gross
(
1957, have
interest.
2
formal or
"entered into detai'ed
negotiations with Coffin & Burr
of
that,
act
tion
All
on
31 ,703,424
eliminate, the
deposited
taxes
384,257
'
1945
271,621
outstanding common and
outstanding 6% preferred.
c
■
■
.
expenses
Provision
$2,857,010
*6,451,426
*1,001,445
215,299
receiving Commission author
Coffin
tions
in
Govern¬
Canadian Converters Co., Ltd.—Bonds
Called—
of the
remaining $300,000 outstanding redes a 3%%
to 4%
:
1946
to
.
$63,262,840 $57,218,853
reserve
for deprec ation of'
$9,600,329 in
tAfter deduct'ng "mounts
written off.
TAlso
goods
Miscellaneous
-Granted SEC Permission to'
for:
common,
new
not
Maine
terms
ncted.
Total
"After
:ts
the
of
of
$875,805
Interest. expensfe
territory.
1,724,571
11,886,229
of
Operating
teen,
investors to insncct the company's
planYiand
"These negotiations and activities were
inconsistent with the
policy" heretofore -announced by the
Commission against "any discus¬
sion sv or any negotiations with
respect; ta the terms of sale'.'- before'
obtaining authorization from the Commission. The
1,-388.530
20 451.123
"__I
of
of
following
cancellation
k -k.y
$2 ,645,525
dealers,-and. institutional
750,000
1.403.442
Capital surpflus
securities
have
■'
Cost
of
by-laws of the company, chang¬
of shareholders from
the last"
it
ing,
—
ment
which
Wednesday in April.—V. 163,
SEC
offered
shure
;
;yv
tral Maine
subs.—
on
surplus
the
meeting
received
share
Maine
shares
without
•
1947.
shares
competitive bidding, the CommUcion noted
that in
connection
with its
original stock "offering -proposal, Central Maine
had proposed to negotiate
solely w'th its "historical banker." Coffin &
Burr, for the underwriting of the stock; that
prior to the
4 500(000
9,500.000
demolition and d sno^al of
equipment in connection with the
expansion
of U. S.
subs'diary
'
Minority interest in subsidiary companySCommon stock
I
Distributable
120,000
With-respect to
4,000,030
-----
—
for
2,443,454
fOO.COO
Debentures-—secured by first mortgage
4Va% note payable d"e Nov. 30.
1949
Reserve- for refund of
customers', container
<
posits, unon return of containers U.
Reserve
eliminate
might negotiate, the sale of the stock with
an
bo selected by ft after >
negotiations with three or more investment
hankers. The exemption; wasgranted by the Commission upon the
company's representation that it would
negotiate with five investment
bankers of which Coffin
Burr,-Inc. was not one.
$4,003,369
2.543,672
payable—
notes—.i
1—___!
Vk'/o. serial
annual
to\ be
each
writers.
3,725 23.3
is
Central
67,300
3 ,634.054
LIABILITIES—
and
amended
to the fourth
has
each
Central
^Income
to
0
England Public Service Co.,
219,196
£80,785:
sub¬
$63,262,840 $57,218,553
Accounts
the
stockholdsks
I
(17.080,24
913,423
shares
2,029,762
i
_
sales;
Net
32,378,264
2,513,007
*361,985
4,926,922
addit.onal snaTes of
The
or
—
of
of
company
286,496
194,231
33.,495,955
1
paid on purchase
sidiaries acquired s.ncc
date
"110,232,023
j
inc....,
Central Soya Co., Inc.
Gross
607,186
276,559
37.805,610
cf which are to be
applied to
ings for construction purposes.
1.343,553
4,443,254
4 ,844.610
i
Sundry properties and
1 Premium
the
The
1 .133 2.. 2
equipment
subsidiaries—on
cu.stomers
ing
Fundsi
progress——___
U.:
of
and
resolution
a
1947
'
Central Maine Power Co.Sell Stock—
$18 ,114,827
2
income
Net
Feb.
on
Wednesday in Mafch
1948
of
hands
losses
income
Three Months Ended Nov. 30—
Net
the U. S.
assets
in
The directors
producing
and
1948—Month—1947 *
1948—12 Mos.—1947
$1,688,222
$1,640,609 $20,907,113 $18,209,995
755,483
727,733
10,382,352
8,0(6,954
760,032
719,380
10,441,564
8,113,619
December—
$350 000
Refundable portion of excess pro.its iax___
Investments in allied companies, at cost
Deferred charges
*Land, buildings,
consider
Central Illinois Public Service
Co.—Annual
$2.35
approximately
years
Canadian
$2.96
o?
ASSETS-
Construct'on
will
430,217
271,241
'/"Deficit'.—V, 169, P. 3.
'
169, p. 3.
$75,000,-
532,428
$3.11
CONSOLIDATED
-V.
Ry.—Earnings-
income..
oper.
$3,148,514
entries
Pennsylvania—Earnings—
revenue
Deducts, from gro;;s
?I
;
railway—.
railway^.:
from
Net
taxes
estimated
23
1948
1—:. .:£
$552,143*t$ll,991,215
bookkeeping
.
railway oper. 'inc—
Gross
capital
on
not less than
$3,201,159 V $3,169,527
froml
Net
resulting from the carry-back to prior
brewing subsidiary.
tAdjusted.
CO r rent
Gross
$13,039,516
Jan'.
433,902
share
an
Net
Net
;
railway
railway———
oper.. income—.
1.681,095
4,420 900*
deducting
prop¬
$23,000,000
expend
$533,573
2,554,941
abandonments, $502,175;
Period End. Dec. 31—
Operating
rolling stock should
company's ceitificate
of
incorporation
preferred stock, $50 par
value,
or ledeemed.—V.
169, p. 203.
from
1,730.962
paid
per
*After
and
years,
road
of
non-cash
property
48,384
12,039,59.3
375.
p.
Feb.
on
from
2,003,686
:_
Net inc. transferred to distrib.
surp.
in
Net
Crc2,215
profits
motive power
new
December—
u
1,283 427
interest
169,
Central of Georgia
3.123,643
depreciation..,.,
for inc.
order
include
*$436,587
December—
630,611
$15,142,895 $15,029,553
Provision
the
cumulative
From
Income
in
not
credits:
Central RR. of
31,. .1948, ' before
deduction of the principal'
amount
of
outstanding debentures, were
$'i,333,572^cpmparcd witn $7,725,595 on Dec.
31, 1947, according to
the -annual
report
for fee year
1943.
On
a
per -share
basis the
common
stock pjp.,J>e«.
"31, last, had a net asset value of $9.74 after
.deducting tKe^principal amount of debentures
outstanding, compared
with $10.43 at the end. -of 1947.
Dividends totaling 65 cents a share
were paid on
the corporation's common stock
during 1948.
A similar
amount was paid in dividends
during 1947.—V. 168, p. 2004.
$12,399,905
1,123 920
income
be
several
for
1—
—
tDeficit.—V. 169, p. 375.
road
16,593,553
$14,018,905
Total
should
years
of
Total
1946'
21,910,245*
the-
Gross
Balance
past
183,934
$42,736,241 $37,565,888
$3,885,791
$4,923,101
improve¬
respect
Carriers & General Corp.—Net
Assets Off in 1948—
net 'assets
of this corporation
as
of
Dec.
addi¬
$32,296,660 $29,007,119 $23,823,337
18,277,755
14,540,830
11,423,432
expenses
capital
in
217,023
Operating
$76,822,008 $63,207,334
25,904,653
22,790,444
29,000,867
___,
„
and
gen.
excise
sold
profit
Selling,
$92,424 547
—
five
annum."—V.
purchased
13,591 td' 15,012 during
""""U947
1948
■
of
in¬
was
CONSOLIDATED INCOME ACCOUNT.
Years Ended Oct.
Cost
from
maturity from the sale of ,i
authorized but not issued.
are
of
for all purposes over the
next five years
per
4y2%
before
or
next
The- stockholders
—.
M
v-
30,
presently
number of shareholders Increased from
> '"The
Net
at
basis
level
expenditures
experience over the
Carrier Corp.—Plans Reduction in
Capitalization—
following principal
$34,415,383; ip from
provide the funds to meet, .the exira cost of the capital
from successive increases in construction costs.
to
the
over
000
V-'.-•
resulting
proposed
the
on
annual
capital
less than $7,000,000 per annum.
therefore-my opinion that capital expenditures
included
the
due Nov.
will,
annual
£771,216
$368,203
self-insurance reserve,
$1,170,365; total, $1,672,540.
tDoes not include
dividend of $1,830,100 from CRR Co.
of Pa., a wholly-owned
subsidiary.
I have outlined.
capital improvements of $16,000,000
the basis of expenditures of
capital
not
is
account
special loan from the company's Oanad.an
a
$5,000,000
current
which
something moire than $52,600,000 per annum.
,.."It thereiore appears that (he company should
changes from the previous year: Fixed assets at
$29,214,172; net working capital at $9,943,833, down from $10,370,123;
funded debt at $14,100,000, down from
$15,372 258.
There is a new
item of debt
the program
the
shown in the pro.it
"•
sheet
that
"Capital requirements for
the recently constructed
capital facilities at-double
which accounted for an amount of $703,196
provision for deprec.ation of $3,123,643
ba.ance
out
£800,999
$219,559
deficit
income
1943—12 Mos.—1947
$3,298,607
income—,
oper.
,:,Does
.
annum, I estimate that approxi¬
to capital and the balance to
per annum.
exist'ng in¬
is permitted to charge depre-
company
per
1948—Month—1947
$3,535,008
_____
income
Net
chargeable
be
.
the
of
rates,
total
be
Canada
of
most
on
normal
the
will
be
over
property
S.
Shareholders
mv
revenue
from gross inc.
ry.
Deducts,
said:
five-year period for road property im¬
view, be more than $29,000,000 per annum,
$29,000,000
would
point
These
require
operatons in
A., were satisfactory and amounted to $6,849,535.
This compares
with last year's published consolidated profit of
$6,170,414 now rev.sed
to $6,524,140.
"
U.
in
of
Net
Gross
next
have been compiled on
and above7 the current
annum
required
ments.
all
the
after
year,
on
to
s-
expense
of
.charges
should,
amount
spend
'during the next five years for
V"'"-;■
Crump
for- the
$16,000,000
desire
'.'I
should
Operating
3
Jersey—Earnings
Period End. Dec. 31—
account
maintenance and other accounts in
capacity during
the
capital
on
statement,. Mr.
Of the
f
v-'
year
average
provements,
531,059
.■;! •■Vi'V'V!
his
"The
Canadian Breweries, Ltd.—Annual Report—E.
P..Tay¬
1
(599)
Central RR. of New
company
a
purposes.-,
In
1,542,089
2.4.143
'460,413
106.
CHRONICLE
R.
,$75,000,000
'
^Deficit.—V.
FINANCIAL
Crump, Vice-President of operations, on Jan. 27 to'd the Foard
Transport Commissioners at Ottawa, Canada,
hearing the railway's
application for increased freight rate that this
all
from
Net
&
of
From Jan. 1—
jGross
COMMERCIAL
Capital Expenditures to Be Heavy—
1948
$159,034
from
railway
Net from railway—
Net ry. oper. income—_
X
THE
&
in
from
from
rv.
railway—
railway
—-I
oper.
income—
Deficit.—V.
Y., REctor 2-9570.
Herbert D. Seibert.
advertising issue)
with
a
statistical
issue
N.
•
Smith.
United
Copyright,
States,
U.
1949
S.
by
William
Possessions.
B.
Edixor
on
Dana
Territories
and
t nd
be
made
in
New
York
funds.
Puonsnex
Monday]
Company.
Members
«
must
6,222,043
2,463,121
169, p. 3. "
\
I
nth"
Reentered
of
Pau-
4
'
%•
*
Chicago Great Western Ry.- —Earnings—
December—
<jrross from railway..
Net
ry.
$2,986,156
$2,414,977
railway......
from
Net
606,289
807,279
income...
244,216
306,408
554,494
1,163,804
oper.
$3,251,663
Gross
from
from
Net
ry.
—V.
169,
31,325,024
6,711,321
35,689,758
9,396.250
3,598,774
railway.^—
income...
2,388,823
27,105,784
4,012.109
1,856,096
$2,325,789
48,694
211,691
A
29,415,460
7,288,162
2,608,378
Gross
1947
1946
1945
$891,190
$522,506
119,385
146,752
$533,006
*10,083
31,251
railway._____
from
ry.
431,095
income-
246,821
232,549
9,813,069
4,132,717
2,411,740
8,125,(399
railway—_
oper.
.
Prom Jan. 1—
Gross
from
ry.
railway..:
oper. income
"■Deficit.—V. 169, p.
2,893,650
1,667,558
764,244
3.
from
from
ry,
Gross
from
ry.
from
Gross
from
Net
ry.
$871,008
6,048
173,232
*134,695
38,295
15,586,377
2,772,058
444,115
11,457,996
1,193,738
Jan.
*594,943
1,716,939
1—
said
that
Of
the
net income
for
the year
ended Dec. 31,
1948, 22%
was
derived from investments, 21%- from proceeds left with the
company by
'policyholders and beneficiaries,
and
57%.
from
premiums
paid by
policyholders.
Sums from the latter two sources totaled $89,957,170.
/.
Of the total income, 47% was paid out in benefits to
policyholders
many
puddings in
169,
the
Iowa.—V.
and
1947
.
1946
$1,029,425
493,531
'124,815
*103,676
145,087
5,729
bers
$1,069,965
*78,750
members
13,752,371 i 12,767,159
2,728,923
2,592,968
railway—
826,776
income...
11,170,291
1,459,015
was
15,527,983
4,578,248
214,343
2,241,938
699,039
V
169, p. 107.
Net
ry.
oper. income
♦Deficit—V. 169, p.
496.
.
v
,
Colorado
Wyoming
&
December—
from
from
ry.
Net
1945
$267,410
$135,629
$130,821
141,911
61,253
47,071
Real
54,744
66,491
24,271
20,545
2,705,882
1,164,510
railway—
4.
p.
2,131,145
1,392,365
929,896
463,411
257,426
654,696
income
oper.
•
440,823
.
.
directors
on
record
Feb.
1947
1946
1945
Gross from
railway— $20,934,495 $21,729,316 $17,038,646 $16,556,912
Not from railway
2,847,818';
5,393,571 » , 3,244,184 *1,366,745
Net ry. oper. income
854,263
2,393,784
1,301,980
907,692
1°48•
December—
Jan.
Prom
■
rate
declared
2
dividend
cash
18.
cents
of .35
the
in
•>/.:1\
V
cash
development of television
operations.
CONSOLIDATED
STATEMENT
'
OF
"'i.: XXX; ■
EARNINGS
'■•C/: 1,"
Net
254,982,710 231,478,568 201,ISO,111 228,946,936
44,706,123 v45/J43,400 ^29,356;848
42,087,519'
income...
15,514,415 *16,812,176
13,846,598 26,582,330
railway
oper.
ry.
Equipment Trust Certificates Authorized—
The
ICC
Jan.
on
authorized
6
the
company
to
assume
obligation
in respect of not exceeding $4,540,000 equipment trust
certificates, series GG, to be issued by the Continental Illinois National
and
liability
Bank
&
Trust
Co.
dividends
accrued
connection
169,
equipment.—V.
Chicago,
of
in
trustee,
as
and
sold
at
with the procurement
of
99.0819 and
certain new
376.
p.
from
Net
from
Net
ry.
railway
$15,805,989 $15,682,189 $12,851,436 $13,295,487
2,266,294
3,437,784
1,999,075
*2,069,899
u
railway
1,157,663
per
outstanding
$5,041,700
$2.94-
1,717,352
of Jan. 3, 1949.
as
the
NOTE—Of
$2.50
of
value
par
or
1,404,028
Gross
195,019,864 176,281,195 160,516,750 170,665,890
Net from railway
29,532,694
28,465,216
23,953,997
32,053,754
Net ry. oper. income—
10,010,400
8,458,006
10,893,790
18,192,820
from
railway
"'Deficit.—V.
169,
p.
ment
notes.
The
during the years
promissory
instalments
'utilized
be
by
376.
Columbia
its
with
The
Gross
1946
1947
1948
railway$16,381,076 $16,823,861 $14,064,069 $12,189,855
3,697,337
*9,260,582
railway——
5,219,880
4,820,358
1,331,882
*2,461,225
oper. ineome—
2,130,638
2,223,989
from
Net
from
Net
ry.
1—j
Prom Jan.
Gross
Net
from
from
railway.
railway...
Net
ry. oper. income
♦Deficit.—V. 169, p.
Federal
The
1945
on
31/4%
the
Chicago St. Paul Minneapolis & Omaha Ry.—Earnings
1947
1048
December—
.
$3,064,990
$2,397,860
railway—.—
from
Net
$3,058,859
759,968
443,417
income
464,439
863,847
529,732
31,379,285
5,488,149
27,318,375
3,401,333
927,556
railway
from
Net ry.
oper.
Jan.
From
,
541,769
*47,634
*200,587
from
1,625,278
28,150,035
0,376,123
3,176,542
authorized
miles
268
Net
Net
ry.
oper.
income
Jan.
1—
From
1946
,
1945
$3,241,213
$2,574,708
$2,243,824
1,153,179
548,470
596,064
296,442
*1,447,595
__
1,359,237
791,563
railway-
40,272,864
29,879,580
33,251,384
railway__—.
14,033,597
34,854,625
11,441,453
7,178,089
9,008,464
8,327,292
6,193,843
3,865,497
3,983,527
railway—
railway—-
from
Net ry.
1947
$3,530,473
from
Gross
Net
'
194S
December-
income
oper.
..
_
23,849
Prom Jan. 1—
Gross
Net
from
Net
*
from
from
Net
ry.
169,
3.
p.
♦Deficit.—V.
169,
p.
1946
1948—Month—1947
period—_
$33,732
passengers.—
10,383,416
for
—V. 168,
^*14,554
1,732,438
78,808
*35,806
A, due Jan.
series
bonds,
1,
$96,731
$355,427
$741,031
11,159,389 124,027,053 130,465,774
mortgage
1961,
4Vi%
Chicago,
St.,
interest
March
to
bonds.—V.
167, p.
Jan.
28,
sinking
Jan
8
251,264,000
L__
169,
p.
have been called for redemption
on
111.,
of the full redemption price, plus accrued
1949, upon presentation and surrender of said
1584.
vately — The company late in 1948 sold privately to
Equitable Life Assurance Society of the United States
$1,000,000 first mortgage 4Yi% bonds, due May 1, 1966.
3,
proceeds, together with $172,100 cash, were used to redeem on
1948, $1,172,100 Terminal Tower Co. income bonds at par and
160, p. 2540.
Interest
Other
received
from
Net
from
Net
ry.
From
Net
Gross
Jan.
from
Net
from
Net
rv.
1948
1947
1946
1945
$1,467,608
$1,750,579
$1,098,422
$996,307
760,413
446,964
*1,176,641
683,874
372,875
*1,233,750
income
1—
railway
19,312,071
17,643,967
13,228,935
13,196,914
7,654,219
7,681,034
5,424,417
4,439,760
6,850,014
6,826,248
4,490,137
3,356,981
railwav.
oper.
income...
♦Deficit.—V.
5,062
—_
stk.
(pfd.
income
arrears)—
subsidiary
1G9, p.
107.
as
for
Co.,
covering
amplified
the period
figures
Inc.
for
1,625,565
wholly-owned
a
included
were
for
the
first
ownership since Aug.
Consolidated earnings
1948,, to Dec. 31, 1948,
the period of
information,
from
June
1,
portions of this income from regular operations of the
have been included in the figures of the current fiscal
above.
outlined
Container Corp. of America—Leases Plant—
Fibre Can Co., a subsidiary,
announces that, effective Jan.
1949, it has leased the production facilities of Can-tainer Corp.
Auburn, Wash.', and is now in active operation of the property.
15,
The plant
will manufacture fibre
industries.—V.
168,
INCOME AND
p.
PROFIT
for the frozen food and other
cans
/-'./
2682.
LOSS
AND
ACCOUNT FOR
Underwriting:
Premiums
in
Increase
Net gain from
Dividends
premium
res.
earned
51,267,982
10,423,730
8,970,216
income)
sale of investments—
53,149,595
28,460,095
1
Expenses
Underwriting
profit
42,297,766 * 32,382,696
24,864,487
18,089,604
18,410,260
13,322,695
2,032,020
*976,981
970,397
'6,640,131
6,108,635
5,389,960
—...
Interest, dividends and rents..—_
Expenses
———_
1948
$89,462
7,562
...
Net
investment
219,700
195,525
185,260
6,420,431
Total
income
underwriting
profit
5,913,110
5,204,700
in
special
$118,646
118,646
$69,637
Increase
in
market
69,637
137,794
and
72,098
71,163
/
Total
ASSETS
AND LIABILITIES, DEC.
ASSETS—Securities'at market
deposits),
est
$127,332;
31,
/
:
income
1948
one
on
registration
will be authorized to purchase
statement
in the alternative either
share of common stock at $50 for each eight shares of stock
record date (unspecified) or (b) $50 principal amount of
eight shares of stock held.
An
underwriting group headed by Putnam & Co., Chas. W. Scranton &
Co. and Estabrook & Co. will purchase unsubscribed debentures.
The
underwriting terms are to be supplied by amendment.
„
Proceeds of the offering will be applied to the payment of bank
borrowings for construction purposes in the amount of $2,570,000 and
to future construction expenditures.
The program calls foi' expendi¬
tures of $42,637,000 for the period 1948-1951.
Future financing, of
undetermined nature, to finance this program is estimated at $24,for
$50
cash
000,000.—V. 167, p. 846.
for
each
'
270,086
88,976,097
;■
962,948
-
BALANCE
3,999,989
92,596,017
\
:•;
•
.
SHEET, DEC. 31
1948
1947
$
£
168,753,340 154,934,070
stocks
and
168,234 "
Agents balances
(not 90 days' overdue)
Interest
accrued
Cash
Total admitted assets...—.—
for
Capital
stock
Net
all
(par
surplus
Total
and
had
1__
2,000,006
1694 877
20,000,000
90,821,086
.____
—
1 673 900
1,400,000
87,680,855
2o[ooo!ooO
186,463,233 170,696,143
basis approved by National
Association of Insurance
If actual Dec. 31, 1948 market
quotations of bonds and
used the total admitted assets would
be $188 070 106
on
Commissioners.
stock
3 047 000
—
"Valuations
14,508 527
2,407,431
claims
$10)
—
$
43,137,984
15,226,002
adjustment—
other
'
53,561,714
____—___
of
Reserve for taxes and expenses
Reserve for dividends—
Rqserve
438,184
$
premiums
process
7,781,214
3!375|900
186,463,233 170,696,143
LIABILITIES—
in
338,366
8,647,743
'
....
7,027,849
529,661
____________
assets
176,460
4,988,355
deposit and in office
on
With SEC—
the
debentures
92,427,953
close of year..
estate
Unearned
a
44<.199
364,285
3,999,990
'
♦Bonds
Losses
filed
24.141
1,485,109
4,399,987
declared..
ASSETS—
debentures due 1959.
31
53,090
,
'
Real
and
7,692
.
Crl,042.233 Dr4,139,882 Dr6,925,610
COMPARATIVE
with the SEC
proposing an offering to its stockholders of 163,133 shares of common
stock
(no par)
at $50 per share or $8;156,650 of 3%
convertible
Jan.
97,532,146 104,807,740
133,591
1
stocks
of
tax
dividends
All.other
company
value
♦Underwriting loss.
■'
accruals (current), $5,946; net
assets applicable to outstanding capital shares (1,017,433 at $5.30 per
share), $5,397,359; total, $5,403,305.—V. 168, p, 2428.
The
6,175,097
98,632,643
reserves—
(net)
Net surplus at
,
Connecticut Light & Power Co.—Registers
4.936,129
92,596,017
l-oss on sales of stocks & bonds (.net)
quotations, $5,242,680; cash (demand
capital shares sold, $26,293; inter¬
payable
bonds
Cash
receivables for
receivable, $7,000; total, $5,403,305.
__—
Federal
137,794
'•
-
■ \
8.452,451
88,973,097
97,428,548
27,388
$203,154
203,154
73,203
64,424
in-
(market quots.)
$97,025
29,642
dividends
total
and
income
vestment
$148,288
therefrom.
paid
the
37,141,305
4,758,610
22,657,480
Losses
paid in 1948 (amounting to 30 cents per
share), 77.3%, or 23.19 cents per share was from ordinary income,
and
22.7%,
or
6.81
cents
per
share,
represented "capital
gains
Of
$
63,573,325
39,560
income
(from
1946
$
$
-v
• ■* \,
unearned
Premiums
6.2
5.1
3.9
6.9
.
written
CALENDAR YEARS
1947*
1948
$242,714
_i_
i
Dividends
held
484,163
438,356
railway....
railway..^
oper.
12,114
$225,538
—
received
income
Stockholders
RR.—Earnings—
December—
Gross
figures,
However,
operating
&
Sefton
% Inc.
1947
$141,091
7,196
1948
calendar Years—
(a)
Clinchfield
1948
that
Bros.
Dec. 13,'47
1,604,736
Investment:
STATEMENT OF
on
Cleveland Terminals Building Co.—Bonds Placed Pri¬
The
1,013,188
Dec. 11/48
$69,592,906 $62,467,468
Rosenberg Subsidiary Completes Permanent Financ¬
ing—See Rosenberg Bros. & Co., Inc. below.—V. 168,
p. 2224.
496.
LIABILITIES—Accounts
interests—V.
an
221,Increase of
Appropriate
1,647,276
192,983
33,008
1948
251,295,000
Expenses
fund
Jan. 26 filed a letter of notification with the SEC
for
$250,000
5%
sinking fund
debentures, to be issued by City
Securities
Corp.
under a
plan
for
rearrangement
of finances of
Advance Paint Co., dated Jan. 1, 1949.
Dec.
the
subsidiary
year
*10,815
240,178,000
241,900,000
241,935,000
235,144,000
254.182.0001
dividends."
company
year,
for
distribu¬
with
totaled
$2,213,382, including, non-recurring income of approxi¬
mately $1,100,000, leaving income from regular operations of $1,113,382.
Output—
1949
15
City Securities Corp., Indianapolis—Filing—
The
in
1,036,960
out
Rosenberg
Increase
25-year
next, at 102 and interest. Immediate payment will be made
Harris Trust and Savings Bank, corporate trustee, 115 West
the
at
kwh.
Local
compared
—24 Weeks Ended—
Dec. 13/47
—
March 28,
Monroe
.
1,680,606
113,865
*4,116
255,065,000
-
Total
first
10.3%.
$34,643,969
taxes...
Previous net surplus
outstanding
the
of
decrease of
a
have
Commonwealth Investment Co.—Annual Report1948—12 Mos.—1947
Citizens Independent Telephone Co.—Calls Bonds—
All
output of electricity
256,300,000
1945
,
22
2381.
p.
with
$43,155,558
pointed
1948.
this
of
$115,945
*13,541
29
Dividends
Surplus
1948,
output of Commonwealth Edison Co.
Week Ended—
Jan
Cincinnati Street Ry.—Earnings—
Revenue
26,
ex¬
$135,073
*43,582
234,243
103,402
!
107.
for
496.
p.
after
wa$
time
and associated com¬
panies, excluding sales to other electric utilities, for the week ended
Jan. 29 showed a 6.2%
increase over the corresponding week a year
ago.
Following are the kilowatthour output totals of the past four
weeks and percentage comparisons with 1948:
Electricity
—V.
Period Ended Dec. 31—
pipeline
1947
1,972,505
income
of
—
prof,
at
railway—
oper.
Jan.
income..
oper.
ry.
Deficit.—V.
26-inch
$178,452
24,186
18,054
Commonwealth Edison Co.—Weekly
-
Seaboard
,
railway
from
Net
169,
subsidiary,
1948
railway
purchased
Continental Insurance Co., N. Y.—Annual Report—
Cincinnati New Orleans & Texas Pacific Ry.—Earnings
,
Atlantic
that System
compared
Dec. 11,'48
Sales
program.
$158,189
*15,535
*27,024
,
railway
from
from
week
kwh.,
—12 Weeks Ended—
annual
will
Proceeds
Columbus & Greenville Ry.—Earnings-
Net
estate
real
Consolidated Grocers Corp.—Sales & Profits Up—
laoth
of
and
343.
p.
of
0.2% .—V.
to Rockville, Md., a multiple crossing
of the Potomac River near Rockville,
and additional measuring and
regulating equipment at various points on the line.
Total cost of
the facilities is estimated at approximately $20,000,000.—V. 169, p. 376.
Gross
1—
34,238,852
railway
5,940,038
Net# from railway——
Net ry. oper. income.
1,960,144
♦Deficit.—V. 169, P- 107.
Gross
$2,155,629
include
authorized
facilities
Gross
Gross
has
168,
electricity amounted to 221,900,000 kwh.,
300,000 kwh. for the corresponding week of last
tending from Clendenin, W. Va.,
December— *
1945
1946
Commission
$2,300,000
2, announced
229,700,000
corresponding
tion
subsidiaries
of
transmission facilities
for the purpose of supplying the increased requirements
of existing
utility customers of the two companies in West Virginia, Virginia,
Maryland and the District of Columbia.
The
197,404,990 178,070,614 159,932,402 192,046,910
37,066,284
55,962,109
54,241,884
46,862,008
16,633,852 22,195,944
21,891,753
21,255,374
107.
Power
to
instal¬
equal
its
construction
Corp.
and
Virginia
Gas
Transmission
Co.,
Columbia, to construct additional natural gas
724,289,848 677,345,435
—
Office
Feb.
company en
amounted
It
Chicago Rock Island & Pacific RR. —Earnings—
600.481
3,376,189
33,063,399
(electricity generated and purchased) for the week ended Jan. 30, 1949
Subsidiaries to Construct Natural Gas Facilities—
December—
855,904
5,727,798
37,093,804
...
Consolidated Edison Co. of New York, Inc.—Output—
notes are to be paid in
1950 to 1974, inclusive.
connection
in
Union
5,000,000
contingency res.
____
...
Home
$20,506,586.—V.
1,528,449
' •
).
5,000,000
yet
__
...
invest,
2,530,729
-1,570,000
stock
•
from
not
liabilities
funds
♦Including
net
borrow $2,000,000
to
policies
and
Columbia Gas System, Inc.—Subsidiary Seeks Loan—
Fuel
Gas
Co., a subsidiary, has applied to the SEC for
authorization
in
——
Total
operations.
These net income figures compare with $3,915,700, or
per share from broadcasting operations and $1,880,200, or $1.09
per share, from record manufacturing operations during the previous
fiscal year.—V. 169, pp. 496 and 376.
*553,280
1—
options
,
(surplus)—.
United
Jan.
From
for
reserve
1949 and
settlement
matured
investment
$3.37
$3.45
____
of
3,560,000
Income shown above, $4,504,300, or $2.62
from the company's broadcasting operations
83 cents per share, from its record manufacturing
1948
1,894,000
2,058,186
—...
Market fluctuation
realized
share, was
and $1,415,800,
per
8,894,512
9,250,000
fund
Unassigned
$9,355,900
v
interest
30.580,381
$5,920,100 /. $5,795,900
shares
the
upon
$9,520,100
3,600,000
at
1948
Special
Dec. 28, *46
$8,141,700
3,100,000
taxes
period
share
♦Calculated
.
608,753
income
oper.
1945
1946
1947
1P48
December—
inc.
V'
'
.
66,972,253
accumulate
distribution In
-
Jan. 3,'48
-V;
'">V
9,379,500
10,000,000
2,170,233
;
$2.28
Chicago & North Western Ry.—Earnings—
Gross
♦Earnings
Janvl,'49
taxes
for
income
Net
'
..
Federal income
Fed.
for
Prov.
■^Deficit.-
Years—
before
5,241,436
724,289,848 677,345,435
Reserve for taxes payable in 1949 and 1948—
Res. for employees' & agents' retiremt. benefits
52 Wks. En. 53 Wks/En. 52 Wks. En.
„,
Fiscal
Income
10.098,034
9,389,354
34,399^893
Miscellaneous
railway.—
from
from
Net
left to
premium
Claims in process
.J_"
<
'<-v. :'v
'■'//•■ /
Divs. set aside for
1
Gross
....
—
Advance
;
(Including Domestic Subsidiaries)
l—
12,454,345
9,942,397
6,105,075
collection
accrued
————
Dividends
the dividend
capital requirer
and television station
network
of
course
LIABILITIES—
for
reserves
-■>XX'^:X''
:
in
and
and annuity reserves..
i 542,188,635 513,979,044
Reserves for future payments under income set¬
tlement contracts
——73,521,895
that the present reduction in
conserve
and
due
rents
Insurance
per
quarter.
company announces
made in order to
<tj
S^.lSW.SOf)
•_
deferred
and
Total
a
'
;
233,508
..
B stock, payable March 4 to holders
This compares with 50 cents per share previously
was
ments
loans
in'banks
Interest
the class A and class
.share
The
Feb.
on
'
1947
^
estate
Premiums
1,524,718
494,732
'
31.
62,865,766
63,247,884
239,640,452 217,183,842
*22,826,176
14,400,335
24,368,283
22,646.041
Mortgages
Columbia Broadcasting System, Inc.—Reduces. Div.—
The
*
Stocks
Cash
DEC.
1948
.
346.087.354
Policy
income
railway
169,
1946
1—
from
ry.
—V.
of
Pacific RR.—Earnings-
;
Bonds
1947
$235,776
102,229
railway
railway
from
Net
Ry.—Earnings-
1948
oper.
paid each
Chicago Milwaukee St. Paul &
STATEMENT OF FINANCIAL CONDITION
.ooT.mo
,,
railway
by d $9,994,270.
The remainder of the income •( 13% ) went
of operations.
,'
r
payments to policyholders and beneficiaries since the company
organized amounted to $977,799,715.
cost
to
■
from
19,055,141
3,567,786
1,476,573
railway
from
Gross
Net
beneficiaries, 40%; added to policyholders' funds and reserves to
paid out in, the future as policies mature. These benefits for mem¬
add
up
to $99,951,440, which amount exceeds payments from
be
1945
$1,438,955
ASSETS—
11,556,500
3,005,999
income...
oper.
From
$1,069,404
51,458
'-OA,688
railway
$1,514,206
380,361
sales,
Clinton,
Total
railway—__
"Deficit.—V.
Gross
$1,551,051
82,340
railway
—_
income
oper.
Prom Jan.
1945
1946
1947
1948
December—
at
1—
from
Net
Net
Net
Ry.—Earnings-
railway
Jan.
Net
Net
1948
$1,164,158
398,555
154,150
railway.—
ooer.
From
Gross
Chicago Indianapolis & Louisville
facilities
plant
of
production of
Colorado & Southern Ry.—Earnings—
6,680,425
1,898,515
879,843
6,065,842
1,351,396
in charge
preceded
204.
p.
,
railway
from
Net
Net
tests
and
expanded
company's
Net
1948
$792,584
344,413
from
Net
research
of
Net
Chicago & Illinois Midland Ry.—Earnings—
Net
VicerPresident
Whiteman,
December—
December—
Connecticut
Mutual
Life
Insurance
Co., Hartford,
Conn.—Benefits for Members in 1948 Exceed Payments
From Members by $9,994,270—
.
Car]
months
Monday, February 7, 1949
.
complete
Gross
*•'
•
new line of chocolate, vanilla,
butterscotch, and lemonpuddings is being introduced by this corporation to the retail
market under the "NuSWEET" label.
>
' •
' '
107.
p.
•
flavored
the
railway
cper.
'
Clinton Industries Inc.—Introduces New Line—
Prom Jan. 1—
Net
CHRONICLE
FINANCIAL
'
,
>.
1945
1946
1947
1948
.
•
'
&
COMMERCIAL
THE
(600)
been
policyholders' surplus $112,427,953
respectively, at Dec. 31, 1947).—V. 168,
($171,991,386 and $108,976 098
p.
2682.
*
Volume
169
THE
Number 4775
received
to
York
New
Curb
that
notice
Exchange
tht
this
of
name
announced that it had
company
has been changed
28
Jan.
on
Accordingly, beginning Jan. 28, the class A
stock, par value $1, will be„ dealt in under the new name.
On Dec.'17, the stockholders approved a proposal to dispose of the
company's beer-making facilities and concentrate
on
the
distribu¬
tion of beer and other beverages under the name Cooper Distributing
Co.
The proceeds from the sale of the plant and equipment, together
with treasury funds, will be used to purchase part of the outstanding
class A and B stock of the company at not less* than $2.75
a share.
Cooper Distributing Co.
common
Purchased
holders
shares
until
to
choose
ferred
to
The
the
cent
offer
stock,
to
be
cancelled.
share
a
offer
The
extended
is
offer
that its
purchase all
re¬
par class "A" com¬
holders, at $2.75 per
share, will expire at the close of business on Feb. 28, 1949.
Stock¬
holders desiring to accept the offer must deposit the stock certificates
at or before that time with The Pennsylvania Company for Banking
and Trusts, Philadelphia, Pa.-—V. 168, p. 2321.
'
or
shares of its
any
tendered
are
it
to
sale
for
CHRONICLE
FINANCIAL
be
mailed
accompanied
to
by
common
the
stockholders
prospectus.
on
or
scribe
1949,
all the
will
for
not
exceeding 150 shares, and that shares not purchased by
subscription warrants' and employees will be sold to under¬
writers.—V. 169, p. 4.
holders
Eastern Gas & Fuel Associates—New
stock
5,
plan contemplates that
expire on March 21, 1949, that each employee, including
officers, of the company and its subsidiaries will be offered the right,.,
subject to the prior rights of holders of subscription warrants, to sub¬
warrants
(601)
Transferable
common
March
about
The
The
company has made application
issue and sell $12,000,000 of first
to
series due 1974.
bonds,
The
which
Delta
All
Collieries
the
of
$200,000
debentures
recently called for redemption on Feb.
Payment is being made at the office
Corp.,
Indianapolis,
Ind.—V.
167,
due
issued
1,
Aug.
1591.
p.
ing
v
"
by
The
company
freight
Feb.
series
asked
1
N,
which
cars
ICC
for
help
pay
for
to
are
expected
to
authority to issue $6,900,000
diesel locomotives and
Bids expected
$9,203,860.
Cooper Distributing Co.—Name Adopted—
Cooper Brewing Co., inc. above.
*
16.
EARNINGS
See
Gross
Crown Capital Corp.—Debentures Offered—Hodson
Inc.,
New
subordinated
Interest
to
in
principal
Jan.
is
engaged
three
April
1,
denominations
and
the
in
Finance
subsidiaries
The
incorporated
was
small
Co.
the
a
maximum
states
loan
and
offices
with
of
Finance
Crown
located
in
''- *•■
SUMMARY
thus
$1,522,623,
OF
Nov.
Operating
(net in
Gross
to
est
&
other
1946-:-".
86,008
1,769
148,970
140,166
101,148
33,087
26,862
116,344
102,079
.
.
preferred
stock
class
stock
class B
"'Assuming
A
from
Net
ry.
34,258
56,944
40,036
28,526
11,209
62,012
45,759
in
pari
principal
amount
funds
net
and
corporation
ry.
'The
169,
108.
p.
None
46,500 shs.
are
proceeds
used
and
to
its
of
to
are
the
be
extent
placed
in
the
corporation's
in the business of
subsidiaries.—V. 169, p. 376.
The
corporation
Jan.
on
31
New
Directors—
announced
the
election
new
Berner, a New York attorney; and J. F. McCarthy, of New
Vice-President and Treasurer of
Curtiss-Wright Corp.
the
same
time,
the
Burdette
have
associated
been
announced
company
Vice-Presidents,
S.
Wright
with
and
,■■■•:.
Mr.
McCone
the
is
President
Joshua-Hendy
W.
A.
building
Bechtel
of
record
1947
1946
Co.,
the
the
on
California
of
two
In
Shipbuilding
and
a
Corp.
director
of
Oregon Ship¬
Indemnity
Co.
Corp.,
Corp.,
Marinship Corp. and the Industrial
Sturgis is Vice-President of the First National Bank of New
City.
He is also a director on the boards of many companies
including-the Erie RR, General Mills and Best Foods.—V. 169, p. 107.
Mr.
York
Delaware & Hudson Co.
PerjkJd End. Dec. 31r-v;r.
1948—3 Mos.-—1947
459,983
283,951
*71,764
Gross
175,821
*31,385
Net
is
Net
ry.
13,016,059
9,889,340
8,443,143
6,814,577
5,417,618
3,251,626
2,484,530
Gross
3,816,808
3,127,408
1,854,160
1,305,947
Net
from
Net
ry.
income.__
169, p. 108.
Jan.
on
27
the
on
7, 1949.
dividends
Expenses
26,620,334
22,254,607
_______
of
declared
common
At
the
the
on
the
same
Net
revenues
income
S.
the
of
year
the
50c
would
be
the
extra
March
86,896,775
20,780,945
for
1,
5,839,389
21,566,631
20.636,627
534,592
610,936
3,347,817
27,251
43,204
89,462
company will warrant the declaration and payment
an additional 50c per
share on the common stock
same
of
50
as
paid
cents per
in
preceding
share
694,877
2,190,197
>2.729,265
654,911
2,306,712
past
vacancies
and
year
half,
a
has
Assistant
created
and
Treasurer,
by
the
Assistant to
elected
recent
retirement
of
was
Henry
Lucas,
G.
associated
Vice-
with Morgan,
cession
2,304,233
2,295,601
7,526,857
6,163,283
p.
on
Jan. 28 filed
shares
(25c
a
registration statement with the SEC
capital stock.
Proceeds will be
par)
equipment
certificates to help finance the purchase of 29 diesel
and 600 freight cars which are
expected to cost $6,492,925
opening bids expected to be March 3.x
.
locomotives
of
as a
Gross
FOR
DECEMBER
will
company
purchase
p-497.
,
receive
from
bonds, series due
it
of
bids
to
11:30
$40,000,000
first
up
a.m.
&
(EST)
Feb.
refunding
Gross
753,952
734,507
560,160
338,236
317,826
332,613
60,179,755
53,088,735
44,407,360
45,943,412
12,085,483
6,823,954
6,075,656
oper.
From
Jan.
$3,797,400
$3,431,424
462,577
595,304
v
Net
from
ry.
From
railway—.
Net from railway
Net ry. oper. income—
13,665,416
7,356,928
Gross
5,815,382
4,093,098
1948
railway
railway
15
for
■y( The
Lackawanna
Gross
Net
Net
from
from
ry.
Gross
Net
railway,—
1—
Net
ry.
1946
$7,420,183
1945
$270,463
*1,830,227
*1,023,403
$5,270,789
railwayincome—
oper.
Gross
from
Net
from
Net
ry.
1,126,096
1,604,615'
868,722
1, 491,606
936,138
railway,...
railway
91,426,345
81,154.430
Gross
17,328,692
69, 481,551
11, 067,877
72,245,847
22,581,582
11,569,379
Net
from
oper.' income—
11,362,804
8.322,247
5, 109,258
2,347,901
Net
ry.
Jan.
*2,415,968
1—
*758,084
*231,317
3,991,599
46,602,055
39,402,970
______
169,
p.
'
-Rights to Stockholders
-Registration Statement Filed—
The company on Jan.
mission a registration
19,648,827
17,293,764
_
10,165,042
8,952,762
8,668,469
15.2C0.192
13,221,841
statement
its
common
common
share
in
part
gram
of
stock
(par
stockholders
for
each
the
five
$13.50),
of
Feb.
shares
requirement
the .comosny
covering
for
and
which
23,
held.
1949
The
fund's
its
during the years 1949-1951.
to
232,520
expected
are
on
additional
the
proceeds
carry
subsidiaries,
basis
to
of
be
one
shares
of
offered
1947
$471,077
$487,393
$337,439
1946
to be used to meet
the construction pro¬
are
on
estimated
at
$53,000,000
1945
$2,246,239
*5,884,160
462,275
146,465
416,704
*1,487,800
46,307,238
17,948,951
7,768,991
railway____
38.832,747
26,836,974
31,364,480
______
income—
13,572,759
5,776,766
1,052,496
5,162,157
1,600,617
1,296,812
169,
4.
p.
awarded
was
on
2t4s
as
bid
a
First
The
100.051;
(Inc.), 99.777.
will be issued
railroad
Other
100.117.
of
Salomon Bros.
were:
Inc.;
Co.
&
equipment,
&
bids
received
Hutzler,
100.064;
Boston
for
Corp.,
the
to
provide
to
50-ton
700
five
2,000
box
oo*t
estimated
xou.04;
following
new
approximately
EARNINGS
Net
from
FOR
railway—;.
railway.
Net ry. oper. income—
Jan.
DECEMBER
railwayrailway-
from
ry.
-
hp.
switching
diesel
CALENDAR
AND
1947
YEARS
1946
1945
$13,836,272 $13,297,690 $10,733,363
$9,575,917
*1,036,246
3,138,066
1,865,234
878,686
2,076,778
327,972
152,101,382 127,836,171
139,491,426
3,335,234
._
loco¬
cars.
1,625,190
l—
from
Net
sleeping
1948
from
Gross
diesel freight loco¬
locomotives; two l,o00 hp.
hp, diesel passenger
locomotives; 10 1,000
lightweight
seven
hp.
6,000
switching
and
Decembcr-rGross
two
cars;
income..
oper.
"Deficit.—V.
169,
175,098,789
._
45,035,433
._
32,152,543
20,224,823
._
11,528,288
497.
p.
18,122,984
20,630,296
7,250,546
T
This corporation
ment
13,923,298
>
'■
-
covering
49,503
V'/ 122,775
24,700
*52,945
60,888
*349
*70,705
6,327,049
5,517,G94
4,200,928
4,081,969
1,203,952
1,073,957
367,346
666,580
J.
Carlton
Ward,
oper;
Gross
Net
Net
from
from
ry.
From
Gross
___
income—
•
713,952
537,459
10,775
410,141
108.
engines
designed
oper.
Net
from
Net
ry.
rail
"Deficit.—V.
Ry.—Earnings—
used
to
attach
aluminum
said Continental will use
of lightweight, aircooled
S'. Army tanks, gun carriers,
vehicles.
The Al-Fin
process,
which
aluminum alloys to steel or iron, will
cooling fins
to the cylinder barrels.'
■
Tho six new engines, ranging from 125 to 1,040 horsepower, weigh
roughly one-third as much as liquid-cooled engines of the same horse¬
power.
They were designed specifically for military use in vehicles
lightweight,
would
mobility,
essential
be
Al-Fin
Division
and
reliability in extremes of climate
and
characteristics.
Fairchild
of
is
in
located
Farmingdale,
Long
Island, N. Y.—V. 169, p. 5.
Federal Bake Shops, Inc.,
company
12,000
used
of
19 filed
Jan.
on
($1
shares
Underwriter,
to
Davenport, la.—Filing—
letter of notification with the SEC
a
stock,
capital
pan
Quail &
Co.,
to
be
Davermort,
Federal estate and State
Joseph Hecht.—V. 165, p. 3284.
pay
offered
la.
at
Proceeds
inheritance taxes
on
$6,625
are
per
to
be
the estate
;
Fidelity-Phenix Fire Insurance
Underwriting:
Premiums
written
in
'
unearned
169, p. 4.'
Co.
res._
of New York**
Net
Total
145,576
110,979
69,242
and
65,303
*170,190-
26,922
Increase
4,339,064
3,686,821
949,680
119,025
$477,400
5.088.652
4.522,970
Cash
and
profit
in
value
(net)
special
$4,376,236
,
of
4.853,636
78,693,846
84,171,500
$81,576,061
$89 025.136
Ur5,899
Dr404,952
Dr81,766
stocks
;
reserves
Cr959,789 Dr3,026,199 Rr6,317.250
130,913
7,974
75,028
998,192
150,464
557,251
.
tax
—__
declared--
2.882,215
74.696,478
$81,464,542
—
income
146,734
$4 333,607
6,778,064
market
dividends
155,045
(
in¬
sales of stks. & bonds (net)
in
5,289,870
3.599,993
3,299,994
3,299,904
562,432
41,787
10,696;995
*$2,051,392
$5,116,734
income
surplus (market quots.)
bonds
Federal
139,450
15,013,347
15,216,836
173,136
-—,
on
Increase
rents——
income
net
Total
1945
Profit
and
underwriting
$240,255
*420,122
20,920,684
$1,661,330
!
investment
1946
242,984
3,961,263
$34,086,128 $26,187,742
18,409,072
profit
dividends
Expenses
$300,630
972,397
8,008,264
7,746,760
Investment:
1947
2,735,555
CALENDAR YEARS
1948 ;;'V
1947
1946
y
$51,674,484 $42,094,392 $30,149,010
$43,927,704
'
Underwriting
$348,921
2,765,280
,
23,857,302
*9,185
vay-^-'^^V
income.*—',,
premium
_
Expenses
$299,364
,.-i
-.railway,—^
oper.
license agree¬
U.
power
and
other ordnance
chemically bonds aluminum or
30,740
income,
Jan.%l—
to
trucks,,
be
vestment
1948
.
railway____
railway
from
a
by Continental Motors
process
Jr., Chairman, Fairchild,
manufacturing a new series
in
process
Interest,
1—
from
railway
railway:
Jan..30 announced the signing of
on
of its Al-Fia bonding
use
Corp. of Detroit.
Losses
1945
$227,679
25,852
income
Duluth Winnipeg & Pacific
to
additional
1946
1947
723,452
road
Increase
108.
railway
oper.
December—
31 filed with the Securities and Exchange Com¬
year.
$2,598,457
certificates
Previous
Delaware Power & Light Co.-
last
873,072
INCOME AND PROFIT AND LOSS ACCOUNT FOR
1948
"Deficit.—V. 169, p.
108.
p.
of
increase
of
39,216,249
_
33,499,727
14,523,348
_
railway—_
From Jan.
from
"Deficit.—V.
*2,191,705
subsidiaries
of
an
week
*7,157,344
*877,283
December-r-
1945
$6, 151,811
input
kwh.,
corresponding
the
$3,680,795
Stuart
share.
1946
s"
railway-
169,
1947
Duluth South Shore & Atlantic Ry.-Earnings—
RR.—Earnings-
1947
2.013,907
.
income—
from
ry.
Western
$7,558,776
railway__AA
oper,
From
Net
&
1948
74.875,000
to
1948
Premiums earned
Delaware
System
the
1949
over
1,038,566
railway
motives;
The
$321,214
_
Jan.
from
"Deficit.—V.
December-
Corp.—Weekly Input—
27,
19.4%
or
.standard-gauge
169,
$607,960
*1,105,656
income_.
from
3,004,621
$773,805
oper.
Net
497. >/
p.
Jan.
amounted
Harris, Hall & Co.
:
from
Net
1—
from
169,
$4,525,503
on
mortgage
Dulutli Missabe & Iron Range Ry.—Earnings-
income—
from
ended
certificates
The
1979, at Room 2109, 48 Wall St., New York.—V.
.
December—
1945
hearing
$4,070,442
issue
the
Halsey,
for
YEARS—
1946
$4,378,607
ry.
—V.
CALENDAR
1947
railway—
railway—
Net
Gross
AND
1948
from
Net
The
for
Power Co.—Bids for Purchase of Bonds—
,
December—
for
the Philadelphia plan, were
reoffered, subject to ICC authorization, at prices to yield
from 1.35% to 2.40%, according to maturity.
the
2118.
The
$4,800,000
application
4.
p.
secondary distribution 2,000 shares
stock (no par) at $30 per share, with a con¬
$1.50, a share to NASD members.—V. 168,
common
the
issue
the
The certificates, issued under
where
Corp.—Equipment Issue—
to
Loans—
$6,300,000 2*4% serial equipment trust certificates,
$630,000 annually Dec. 15, 1949 to 1958,. inclusive.
terrain
authority of ICC
Bank
v/
'
oper.
Net
Comptroller,, has- also been elected Vice-President,
Zellman, Transfer Agent, has been appointed Assistant
J.
Jan. 26 offered
of
RR.
Appointment—
Co.—To Extend
scheduled
income
From
Hall
Dixie Cup Co.—Secondary Offering—Blyth & Co., Inc.,
on
3,542,711
asked
con¬
previously
1—
gasoline
2.676,503
EARNINGS
of
1
and
investment.—V. 168, p. 2322..
for
3,516,257
l
Share
has
Jan.
the President
Vice-President
DeGroot, formerly Assistant Secre¬
been
elected
Secretary,
to
fill
used
2,589,329
Feb.
Shore's
money
railway____
$7,929,850:
both classes of stock on
on
as
been
5,600,000
662,168
Hudson
for
railway—2—_
from
due
Secretary.
company
877,692
on
Eastern
treasury
1149.
Fairchild Engine & Airplane. Corp.—Grants License—
869,947
&
from
RR.—Equipment Trusts Offered—Harriman Rip¬
ley & Co., Inc. and Lehman Brothers won the award Feb.
Dividend Shares, Inc.* N. Y.—Registers With SEC—
The
632,846
company
stock
amounts
■
Kuhns,
Charles
chgs.__
Delaware
for
:
has
joining the company, Mr.
Stanley & Co., investment bankers.-
Duke
The
r
1901.
p.
finance
to
reimburse its
4.
oper.
From
diesel
Before
________
income
from
motives;
Treasurer, and Ward W.
and
President
2,198,848
168,
years,
paid
was
Douglass Hall, who has been acting
the
tary
149,981
517,786
taxes
Fixed
charges
Deprec. <fc depl.
of
3,176,036
taxes.
553,181
Date
stock
1948.
Assistant
77,929,330
Other
of
preferred
Officials Promoted—
98,565,957
Unempl. & old-age taxes
Net
cumulative
participating
Secretary.—V. 169,
5,439,836
_______
taxes—
Canadian income
—V.
the board declared regular
time,
company's
covering
U.
regular quarterly dividend of
payable March 1 to holders
stock,
dividend to which the preferred stock
will then be entitled.
Such payments would bring the total dividend
on
each class of stock to $2
per
share for the current year."
This
and
108,463,406
$2,000,000
common
Erie
to
of
this
and
'Ay'^
27,694,443
sell
to
banks.
169, p.
week
from
1948—12 Mos.—1947
vj
revenues________
SEC
shares of
in equal
sold
Elgin Joliet & Eastern Ry.- -Earnings—
411,787
stockholders, Robert G. Fairburn, President, stated
presently the opinion of the board that the earnings and
Stillman
(& Subs.)—Earnings—
(Includes the income of The Hudson Coal Co. and its
subsidiaries)
Gross
by 13
December—
15,917,636
Feb.
''it
A.
Shipbuilding
Coast,
Sell
applied to the SEC for an order authorizing a
t.ne maturity date on its bank loans ox $12,-
corporation
717,283
D.
California
West
the
this
of
$697,803
1—
letter
a
that
Kennedy. Both
its divisions for many
or
the
20,000
be
used
be
to
to
Electric Power & Light
For
'yti945yy
$869,640
the full year, in the amount of 75c
payable Sept. 1 to holders
record Aug. 9 and March
1, 1950, to holders of record Feb. 6, 1950.
■
both
Corp.
City,
To
—
of
Commission
10.—V.
413,638
railway.—
semi-annual
An
retirement
William
corporation
years.
the
York
dur¬
-Earnings-
$1,169,644
$1,467,106
income..
share
per
later
four
of
held
The
kwh.,
—V. 169, p. 497.
1948
railway—,
directors
37'/2C
necessary
wholly-owned
Md.
down
Diamond Match Co.—Expects to Pay Additional Divi¬
of
debentures
drawn
2224.
of
Co.
to
and
1973
167, p.
&
has
extension
12,218,000
dend of 50 Cents Later This Year—
directors, viz: John A. McCone, of Los Angeles, Calif.,, a West Coast
industrialist: Henry S. Sturgis, New York City banker; T. Roland
the
82,830
oper.
application
due
are
and
Bond
company
000,000
Feb.
184,260
132,439
"Deficit.—V.
be
p.
B.
McMullin,
until
recently
Vice-President
and
Assistant
Manager of Gas Consumers Association, has joined the rate
department of this corporation, it was announced Feb. 1.—V. 168,
p. 1254.
1,039,655
330,902
372,650
railway
condition
and
1,415,973
676,445
Jan.
Net
402,857 shs.
the
of
Proceeds
•Deficit.—V.
-$250,000
50.000 shs.
...
Curtiss-Wright Corp.—Four
At
1,809,263
527,744
for
PURPOSE—The
general
men
19,880
income—
from
Service
w.ll
168,
'7' vy
—
railway.
from
Outstanding
$250,000
(par SI)
1,000,000 shs.
(par 25c)__1C0,000 shs.
$250,000
30,743
4,382
910,866
oper.
1950.—V.
General
OFFERING
issued.
the
Gross
23,048
EFFECT TO PRESENT
1979—
(no
$99,880
\ *2,910
*62,801
2,198,792
from
From
stock
Common
Common
1945
$131,759
*10,705
Detroit Toledo & Ironton RR.
Gross
Net
due
1946
$143,592
19,844
December—
y
deposited may be drawn
additions during a three-
so
which
and stock, to
notes
program
two-year
railway
railway—-
oper.
1,272
74,285 /
Authorized
Voting
ry.
Net
59,400
debentures
1
bidding,
through 1950, are tb be acquired by Eastern bhore's
Delaware Power & Light Co.
at their principal amount or
value.
The
1947
-
39,900.
income—
Jan.
35,530
.
inc.
—
1948
$169,403
from
from
inter¬
—_—
subord,
From
Gross
of
Ebasco Services, Inc.—New
Ry.—Earnings—y
railway,—
oper.
Net
$119,769
36,343
17,001
deduct.
6,324,996
1945
134,219
CAPITALIZATION GIVING
5%
ry.
competitive
■
railway—*
"Deficit.—V.
$199,024
523
on
inc.
income
Net
1947
19481 :V
for
from
Net
.
276 916
32,625
taxes
•
..
$400,082
debentures.^.-.-
for
.
if
avail,
on
7,842,283
8,330,813
54,363,959
-Years End. Dec. 31-
30, '48
expense
Income
Prov.
•
14,783,288
12,156,284
December—
from
at
time
Electric
Net
312,169
income
Interest
$159.39
$460,616
expenses
Other
1948,
these
whicxi unpaid
averaging
;■
11 Mos. End.
Operating income -.—A
30,
on
58,743,852
20,087,260
Detroit & Mackinac
Net
during
Cash
property
amount
made
notes
The
expended therefor.—V.
2,922,759
497.
p.
sale
rate, offering price and underwriting
against
Public
has
promissory
struction
658,137
877,871
68,501,025
income
oper.
169,
for
"Frank
railway
railway,—
from
ry.
Gross
.
EARNINGS'.-
$4,184,980
1,851,947
817,484
from
Net
These
Mass.
of
As
of
Nov.
instalment leans
9,553
totaled
reserves,
Shore
par).
time
5,
states.
such
1946™
$5,703,854
1,741,611 '
interest
substantial
company
4%
($100
par
YEARS
1947
$5,794,333
Income
oper.
Net
of New York, Inc.,
charges.
outstanding
:
ry.
CALENDAR
1948
railway
railway
from
Net
1942.
through
Jan.
business
finance
principally under the small loan laws
subsidiaries operate to individuals, up to
each.
inc.
Registered
registered as
1.
$100
loans
such
$300,
had
before
Net
Gross
Delaware
in
personal
cr
AND
From Jan. 1—
Oct.
and
Crown -Finance Co.
Conn,
nine
make
which
in
0f
subsidiaries
balances,
of
operated
subsidiaries
of
and
1
$500
DECEMBER
from
—V.
wholly-owned subsidiar.es,
Crown
July
$1,000,
&
5%
$250,000
at 100.
1979,
1,
of
offered
interest.
BUSINESS—Corporation
It
January
debentures, due
payable
debentures
in
York,
FOR
December—
•
offered
approximately
Association
a
Eastern
seven
cost
of
1949 and the balance
The
Feb.
on
certificates,
775
trust
collateral
Notes and Stock to Parent—
Denver & Rio Grande Western
RR.—Equip. Issue—
of
authorization
for
and
Jan.
the
period,
year
$1
by
Financing—
SEC
$5,400,000, the new bond£ will be
property of the Assoc.ation and its subsidiaries con¬
1, 1945. The balance will be issued against cash
since
parent,
Co.,
extent
against
down
1, 1956,
1949,
at 105 and
the City Securities
ox
be
the
the
mortgage
,
deposited with the indenture trustee.
Corp.—Debentures Called—
outstanding 5y2%
*
to
are
determine
will
the
To
structed
were
bonds
new
,,
to
5
terms.
of
interest.
Distributing Company.
the New York Curb Exchange
has advised
which
to
are
stock¬
to
of stockholders who do not
will automatically be trans¬
The interest
28, 1949.
the $2.75
new
company
mon
to
are
Feb.
accept
&
The subscription price has not
yet been determined.
subscription warrants evidencing rights to subscribe ior
Cooper Brewing Co., Inc.—Name Changed—Sale, Etc.
The
COMMERCIAL
Net
surplus at
close
♦Underwriting loss.
—.
of year
$77,701,124 $74,686,478 $76,693,846
THE
COMPARATIV
jalanch
ASSETS-
cii:
DEC.
Aeent!
Intivilt
Cash
AH
haonV".
1
~
yu auys' overdue)
nli™ ?
nn
—
—-
assets-
LIABILITIES—
^
lloor
in
The
than
---
The
1,243,100
the
been
used
the
total
Federal Mogul
Guardian
Securities
SEC
Feb.
1
Hall,
New
of
which
exhibit,
20
through
York,
will be
America"'
be
'-crossroads
in
Jan.
will
27,
exhibits
the
of
will
preferred
not
In
would
be
that
169,
205.
p.
Gerber,
that
The
$89,583,478,
1940
electric
output of
amounted
5.2%
the
over
to
this
corresponding
kwh.,
Gross
Net
'
m
Jan.
ry.
week of
corporation
have
announced
Calif.,
office.
directly
who
will
years
advisory
lished
announced
that it had granted the
request of the
corporation to
withdraw
its
registration statement
covering '36,000*:'-:,
shares of 5%
cumulative convertible
preferred stock ($25 par)
100,000 shares of common
and;
stock
($1 pari filed June 4. 1948.
At
the
the
The
handled
Corp.—Registration State¬
west
remain
similar
in
Pacific
our
home
that
office
which
the
of
both
Net
same
public
of
frae
record
disclosures
suant
to
time,
the
of
an
.-examination
contained
section
8
(e)
Commission
the
111
of
the
announced
into
the
registration
First
quarter sales
totaled
are
following the
2.
to
Graham'
regular
and
statement
made
exceed
General
conductd
pur¬
Harold V.
■
Increase—May Pay
announced
those
a
year
in
telephones
in
the
close
Production
pany's
poihced
mined
011
four
months
are. operating
on
1947
directors
the
on
stock,
$2.57
March
share
a
declared
the
sold,
three-shift
a
and
a
day
the
com-;
basis,
fully
was
quarterly
cents
40
dividend of
share on the
a
Mr.
to
that
232J.
in
1948
exceeds
the
in
construction
to
of
gain
for
Mr.
were
in
large part of those, filed in the
1948
major
items
in
early
The
ICC
on
Jan.
17
Ey.—Equipment
authorized
the
Trust Certificates
creases
the
company to assume obligation
liability in respect of not
exceeding $2,060,000 series K 2%% serial
equipment trust
certificates, to be issued by the Chemical
and
Trust
Bank
Co., as trustee, and sold at
connection with the
procurement of
99.294
new
and
accrued
dividends
construction
Covina,
Calif,,
telephones),
which
fall.
Gross
Net
irom
railway——
railway——
from
Mr.
Net
ry.
From Jan.
Gross
income
oper.
*k>m
Net
from
Net
ry.
'3 322,179
Important
V30J./62
1,399,314
v
Net
;
•
-
raiiwayA—
"Delicit.—V. 163,
23,543,483
3,371,050
1,544,281
1,355,052
8,996,070
4,401,728
437.
p.
cut
were
1947
1946
$212,747
$202,765
114,876
*6,026
52,475
in
The
stockholders
proposed
for
at
their
amendments
increasing
the
to
shares; increasing the
1,600,000 shares and
matur.ng
meeting
certiiicaee
author.zed
of
preferred
authorized
March
31
stock
common
from
&
1943
from
from
railway.
railway
amount
ry.
Gross
Net
Jan.
railway..—
railway..
Net
ry.
181,108
91,448
12.030,501
1.926,363
862,095
169,
14,922,247
4,432,783
16,210,994
3,424,318
1,189,002
2,478,709
2,217,621
*988,828
the
Fundamental Investors,
Inc.—Reports Increased Assets
The
pared
with
$27,604,340
a
assets
year
at
Dec.
previous.
outstanding increased from
2,01.8,040
Quarterly dividend payments from
to
31,
1948,
of
$32,089,825,
During the past
2,434,733, a gain
shares
year
of
com¬
cents)
was
3.3%
lower
the
James
man
A.
Farley,
year-end
figure of $13.67.
V
of
this
corporation
in
1929
and
Chair¬
board of directors
since
1947, on Feb. 2 was elected
of the
company to succeed the late John
P. Kane.
continue as Chairman.
He will
Mr.
Farley was President and a director of
the
company from its incorporation
in 1929 untib
he
March, ' 1933, when
resigned to become
Postmaster General of the
United States.
resumed his association
He
with the corporation
in 1947 with his
as
election
Chairman of the board.
Mr.
Farley also is Chairman of the
board of The Coca-Cola
Corp. and a director of New
Export
York Central RR.
Co.
Smaller Common
Distribution Declared—
The
directors
declared
on
being
an
The
March
initial.
usual
1G
and
payable
Sept.
March
31
to
16
last year,
A ,v:;I-
of
Railway
Railway
cper.
holders
to
the
record
share
holders
were
V4<. cents
stock, par
of
of
made
March
this
on
payment
I;';":"'-!
per
share
$25,
was
March
on
the
rubber
has
been
issued
Chemical Department.
Devoted
to
by
(No.
the
CDP-584)
Plastics
also
15.—V.
heat
resistant,
mechanical,
of
the
of
the
Elkhart
-radio
(Ind.)
Tiie
from
Ertharf
Mr
of
new
operations
of
seenfties,
common
$24.75
stockholders
people
were
the
167,
per
stock
numbered
16.444
by
posal
the
at
the
for
2,354,957
6,770
88,430
D.
3,532
7,669
last,
rents (net Dr)
Joint facil. rents
(net Dr)
15,092
9,202
158,955
126,829
Gross
income
1,931
2,035
24,043
$213,254
2,597
2,373
*$81,658
*$81,973
*$17,076
Period—
169,
revenues
498.
p.
$57,811
v
.
3,024
:
Gross
1—
2,971
%
$166,416
1948
$152,625
169,
p.
;
registration
From
Gross
Net
7,605,897
224.837
137.838
Net
—V.
ry.
1,340,948
956,779
1946
181.452
76,756
99,107
113,803
56,364
339,256
into
pu„
;'13,000
$460,534
$475,447
1—
7,211,017
6.201,458
5,508,891
1,885,712
6,623,341
1.393,834
income—
936,299
2,434,999
516,045
547,403
825,443
SEC
with
the
SEC
June
29
pre-
>
N.
Y.—Com¬
lizeu,
placed
was
in
full
operation
requirements
and
Saies
orders
transformed
are
into
received
filled.
are
a
snipping
this com¬
by
a
to
Finished
moved
was
from
the
main
Rochester,
factory
on
St.
Paul
and
Lruntom
which is now devoted
exclusively to manufacturing. A
plant .operated by the company on
Commercial St.,
Rochester,
located in the Lyell Ave.
building.
While warehouse
pnnting
is
also
facilities
reduced
approximately
Accomplishes
the
70%,
same
the
space
due
purpose,
now
to
available
on
modernization
of
said.
Names Junior Board of
Directors—
Ray Hickck,
beard
the
President,
directors
of
number
of
in
jointly-by
Jan.
26
young
in
the
of
announced
executives of
firm
The
who
of
the
of
new
board
employees
Hickok
and
his
appointment
the
feel
which,
under
brother,
45
manufactures
accessories
Hickok
of
and
the
Alan
Junior
Hickok
on
Junior
a
belts,
an
will
sus¬
annual
,
years
Alan
Jan.
with
according to the
President.
Ray
of
"to increase
company
responsibility for and
company
jewelry and other men's
approximately $17,000,000.
consist
Mr.
14
management."
members
must
of
people
garters,
volume
plan,
of
railway!—
railway
the
with
including belts, jewelry, suspenders, wallets and
garters, are
to
the Lyell Ave.
budding, which contains 110,000 sq. ft. of
from three different factory units of the
company. .'
Mr,' Hickok explained that the
new
building represents the consoli¬
dation
of
eight
warehouses
and
plants -formerly
maintained
in
Rochester, Lyons, Mount Morris and
Livonia, N. Y.
Shipping and
members'
352,081'
of
the
routed
117,907
5.
be
approx.maU
products,
First
274,149
p.
centra
are
product.on
sales
1945
income—
oper.
169,
would
if
space,
9,328,645
Earnings—
1947
that
V'
'•
■
Ave.
$641,694
Jan.
'
been
1948
said
notification
filed
handling and storing equipment, Mr. Hickok
$674,420
from
from
(No. 7586)
*802,175
-
the
statement
19,203
Florida Ry.-
The
scares
Iowa.
have
1945
railway!—
railway—
oper.
letter of
a
Lyell
1946 A;;
1C9.
&
Electric
$109.
covering 59,579 shares (no par) cumulative convertible
stock, was withdrawn Jan. 19.—V. 169,
p. 498.
penders,
from
companies
stock, to be sold at so0 per
Cownie, Inc., and Shaw, McDermott &
*794,353
v
v
income—
both
preferred
&
$597,395
1,021,767
620,611
from
filed
20
pari
Becker
*156,047
*178,577
1,235,356
ry.
($10
$518,558
1,481,231
Net
Hartford,
89,746
ry.
Net
the
of
$722,981
Net
December—
President
Jan.
oil
Moines,
packaging
Net
meet
$109,000.
'materials
feed
Sts.,
i
7,917,093
to
Hartford
additional
-
1947
8,353,047
of
Salisbury stock at
Rochester, N. Y.
Located
on
Lyell Ave., the building has been
"complex but efficient" center in which raw
M
Jan. 1 to Jan. 21
1949
$53,800
railway
from railway—
Gross
of
56,320
from
oper.
share
one
48,938
income
Jan.
lor
$727,438
railway
railway
oper.
From
stockholders
1948
from
from
ry.
of
pany,
*$189,139 >*$156,9J7
Georgia RR.- -Earnings—
Gross
$25
Barney,
shares
operations
,
Dccember—
$300,000
used
Representing the consolidation of eight warehouses and
plants,
500-fooi long building, in winch
receiving, storage, packing and
*$153,946
Week End. Jan. 21
1949
1948
Operating
—V.
be
Shmbury Electric Co.: have recom¬
firms,.'elective March 31.
x-ie
pro-:
Manufacturing Co., Rochester,
pletes New Consolidation Move—
30,457
*$186,115
307
applic. to int.
I'M 27,139
,
*$16,769
315
to
Ilickok
$184,403
1—
and
two
approval
•'*
24,626
$19,142
income
Deductions from
the
.-
$84,255
income—
in
properties
borrow
to
1, 1949, and to provide
Cumberland County, Pa.'
and
$32,948
Non-operating
May
Light Co.—Merger—
tiie
ox
Underwriters,
The
deficit
gas
company
at
company
4,000
ferrcd
$30,256
oper.
until
Heyden Chemical Corp.—Registration Statement
With'drawn—
41,037
$7,905
ry.
authorization
Improvement Co.,
program
effective, some
rate
rcduct.on
S.msbury cust^meis. lhe amount would
he sa.d.—V. 1L9, p. 4S8.
for
Co., Des
79,944
747
$67,232
Net
SEC
Gas
cdrtain
to
becomes
The
$2,512,172
deficit
.
received
Hawkeye Casualty Co., Des
Moines, la.—Filing—
1948—12 Mos.—1947
$2,831,986
2,636,473
8.650
Equip,
SEC—
Ry.)
Unemploy.
oper.
of
#
the
stock
annually,
69,182
Railway
members
company on
exchange
wo^ld
require
the
issuance
of
4,000
Hartiord\stOek'of the aggregate par value of
System.
cifect
Northern
to
seeking
United
merger
subject
Light Co.
$157,215
1938
977,756
498.
p.
Publitj, Utilities Commission of Connecticut.
exchange or siock wo_iu ue rour snares of
The
June.
79,670
of
5,^26,674
Denver—Registers With
Electric
of
tae
is
share.
1937
3,296,171
and the
offered
-share -in
employed
by.
has
The
2029.
p.
Ilirtfcrd
proceeds
$145,513
Act
13,081,807
6,876,002
SEC
purchase of
mended.
674
RR.
8,506,394
9,097,324
construction
this
obta:ned
was
.includ'ng
addit'onal"
at
i„s
Directors
money
accruals—
ing Act of
73,592,815
investment
the
company
its parent,
trc
—V.
A-
.
$3,071
Fed.
63,747,634
1C9.
p.
an
wlta
the cost'oi
stations
8,478
and
•
participate
company's
%'<■'
-
RR.—Earnings—
misc.
640,837
173,330078
18,105,954.
Feb. 1 filed a reg stration
rcgistrat on of an additional block
of S 1,000,000 of Periodic
In/e-tment Certificate^, series H-DA.
•
in
*$49,357
and
'm.331.843
625,736
Hamilton Fund,
source
168,
electrical, and chemical
properties of G-E silicone
rubber] as well as applications for
material, the bulletin discusses
fundamentals of silicone
the
chemistry
performance of the rubber
under varied
tables are included
conditions.
Property
for
reference.—V. 169, p. 497.
resistant
new
203,523
de¬
descr.bing G-E 'silicons
Division
.
the
14,531
Federal Railroad Tax¬
1945
$4,832,051
353,054
3,535,097
Ilarrisburg Gas Co.—To Borrow—
a
^nstallat'on
299,489
'Deficit.—V.
Co.—Silicone Rubber Bulletin—
24-page illustrated bulletin
'
stockholders
on
record
telephone
the far
Fouda -(N.«Y.),
1948—Month—1947
Georgia Southern
General Electric
A
rates,
Net rev. from
ry. oper.
,
1946
$5,487,584
81.057,931
21,262.739
.
169,
The company,
statement
expenses
Railway
kR.—Earnings-
169,
is
$203,594
Net
per
it
$250,132
oper.
125,040
and
revenue-
Net
cents
31
preferred
645.
10
cents 'each
16,
dividend
convertible
of
March
..
quarterly
cumulative
clared,
dividend
stock, par $1, payable
1949.
Distributions of 15
7,
issue
p.
a
common
March
5%
have
shares
Georgia & Florida
587,432
131,208
$25) at $66.25 per thare.
Concession
NASD was $1 per share.—V.
amount
and
considering
telephone
and
498.
p.
to
number
a
when
"Deficit.-
President
the
169,
radio
(Pa.)
of
General's
wh'le
506,034
Gulf Oil
Austin
Surplus
Supply Corp.—Farley President—
founder
a
the
of
gains dividends
1947
"'A
General Builders
-
than
163, p. 2118.
sale
its
that
year,
V.
to
Erie
service
208.2F0
738,926
185,834
Corp.—Secondary Offering—The First Boston
Corp. completed alter ihe close of the
market Jan. 31 a
secondary offering of 25,003 shares common stock
(par
future.-
increased
(Calif.).
$19,000,000
the
2,bo,667
1948
-y
1947
$7,015,203
$6,692,069
1,611,767
1,601,568
income—
oper.
merger
20.6%.
ordinary income totaled 70.5 cents
per,.share in 1948, against 49.4
cents in
1947, while year-end net asset
value per share of
$13.18 (after
adjustment for capital
of 4.4
—V.
of
safd
the
Insur,
corporation reports
through
Bozell
of
also
mobile
iv.
wav
authorized
pend'ng,
near
charges
liv'ng.
of
from
"Delicit.—V.
wherever:,
rate in¬
1947,
been
are
the
the
low
of Buffalo.
some
32,014
2.701,590
373,439
.
railway
railway—
y.
of'installations are
Fonda.
N.
Y.,
station 'is now rendering
York Central's Twentieth
Century L'mited,
the
such
west
corporation
Mr.
New
that
year,
ra'e
tax
Advalorem
108.
p.
rates
1,
*1,162.652
340,542
4,746,372
income
oper.
'Deficit.—V.
the
Period End. Dec. 31—
1S45
$1,103,556
563,449
16,582,258
to
render
extended
the
close
See
shall
$1,060,723
1—
from
from
$1,491,188
342,931
income.._
oper.
From
thereof
1946
564,071
—
are
has
The
expected
will
the
2430.
p.
is
System
by
Earnings—
1947
$1,532,787
train
provide
at
costs
(Including Statesboro
Denver City Ry.-
December—
Net
to
of
capitalization.—V. 163,
Net
consider
50,000 to 120,000
from
1,210,000 to
stock
than
12
months, or
unless .after such
issuance the
aggregate
be less than
73% of the total
stock
Gross
will
additional indebtedness
add.tional snares of preferred
Fort Worth
it
the
reincorporation
restricting the issuance
more
service
and
likewise
from
annual
the
in
with
even
other
Jan.
have
annum
filed
in Long Beach'
Muskegon
(M eh.).
and
construction.
*15,267
the
under
applications estimated
per
be
offered
all
*186
343,1^1
1
income
cper.
.1945
3,126.841
169, p. 498.,
from
Net-
dial
to
over
now
increased
since
annum
ooerat'nn
and
During
Florida Power
Corp.—To Increase Stock—
seek'ng
other
will
System
mobile
29,571,007
5,821,667
4,231,437
in
under
*<
27,054,334
-
,55,390
%
(Ind.),
,
23,353,199
railway
income—
oper.
be'ng
The
revenues.
commercial
*32,147.
I!;!!.:
1 •
is
*736,049
-Earnings-
3,720,513
railway
railway
from
Net
the larger
their eight smaller
conveys'ons
that
per
$1,421,000
that
3,403,133
1—
from
Gross
program,
and
Mobile radio telephone service is
beginn'n? to provide
of
"327,629
1,772,973
still
in
result
addition,
to
others
stated
increases
'
$2,490,354
607,603
Bozell
active
the
$3,894,000
In
greater
1945
$2,573,135
effect.
service
1946
$2,715,134
577,495
__
1—I
1947
$2,642,380
in
in
the aggregate
planned that still
&
been
with
in
equipment.
1S48
las
appears,
aggregating
placed
EARNINGS FOR DECEMBER
AND CALENDAR YEARS
December—
System
need
«i.n.
from
Net ry.
schedules to be completed in
1949 are Lexington, Ky.
(25,000
telephones); Elkhart,- Ind. (15,200
telephones); Somerset, Pa.
(2,800
telephones) and Three Rivers, Mich.
(2,300 telephones)•
.
1,189,969
53,964'
December—
relatively-
exchanges
the
being Pomona and
and
1945
*6,110,736
was
and
The
Florida East Coast
.
G^oss
gross
(26,800
1946
$282,683
Gulf Mobile & Ohio
the largest in the System's
history,
construction
expenditures, being
in
Conversions
of
manual
Bozell,
offices
summer
1947
97,725
income—
oper.
-Deiicn,—y.
,
]
ry.
From
other year
any
4,216,139
1943
-
-
$40,000,000.
operation
late
the
-1
conversions
■
u
and consist
associated
holders of record Feb.
15, 1949.
The board
consideration to extra dividends
as the
year progresses assum¬
conditions
continue
favorable, Mr. Hunter said.—V.
168,
will give
1947,
excess
common
1,
history of the System. Ur.'illed applications for service at the
the year numbered
123.000, about the same as, at the close
Plant
a
letter to stockholders dated Feb.
a
of
according
figue
deter¬
$1.25
added
recent "past.
earned.
regular
and
stock
1
been
share during 1948, the, final
which have not been
a
adjustments
preferred
payable
has
out.
year-end
In
yet.
The
share
ing
first
company earned close to $4
depending
p.
the
thf|e mill's
Hunter
The
for
of
>
in
*170,463
36,278,768
6,739,718
$317,093
rail-way
railway
railway
Net from
railway
Net ry. oper. Income—-
this
new
.
»M-
:
System
had
gained
112,794
telephones
from
1948, increas ng the number, of coippany-owned' tele¬
service, at the end of the year to 1,073,152.
The number
of
when
ago
3,572,923
170,631
from.
from
Net
in
phones
of
Net
Corp.—112,794
Pres'dent,
402,501'
35,390,220
1,649,619'*
*1,711,792
8,588,999
1948'
December-
Bozell,
"123.084
■>!!•'.■
Gieen Bay & Western RR-
Star.
Gross
that
operations
1945
$2,417,763
compa¬
North
Its History—
.
V
—
an
More Phones in
Service at Close of 1948—Plant Construction
Largest in
adequacy
192,816
45,550,665
'
Telephone
:
'■
irom
Gross
Hunter,
Executive
Vice-President,
dividend meeting of directors on
quarterly
■
had
Act.
expected
$5,046,545,
said
Feb.
it
accuracy
Firth Carpet Co. —
Expects Sales
Extra Dividends This Year—
they
that
1946
$3,554,220
767,148
692,830
-Earnings—
,
■
1947
$4,070,665
,
railway— 216,342,083 193,751,851
167,368,485 200,124,504
railway
54,179,535
50,262,856
37,610,639
40,610,072
Net ly. oper.
income—.
27,199,841
23,815,730
25,040,634 .28,379,435
"Deficit.—V. 169, p. 109.
estab¬
treaty
by
".A;
Net' from
2542.
p.
and
railway..__ $1$ 539.642 $16,490,180
$13,022,314 $12,065,203
railway
2,476,269
2,652,596
2,123,173
irom
Grcs;
many
in
be
rate'
wages
109.
p.
ry. oper. income—
From Jan. 1— .• \
B..
for
169,
.
higher
in
;y ■/
from
Net
be
will
its
and
established
,
will
companies
income—
: .*.•■.
at .a
rise
,
$5.03
two-for-one
a
RR.—Earnings
799,798
492,195
Great Northern Ry.-
Francisco,
Vice-President
.
$4,078,487
Deoember-
Robert
York.
relationship
General
been
San
companies
New
with
working
has
both
in
Coast
Francisco
direct
of
ofiice
their
of
A:;
-
Jan.
"Deficit.—V.
'45-.3-%
a
1943
cper;
on
payroll*
from
Gross
Reinsurance" Corp,,
Star
1
business
home
San
a
North
March
on
coast
the
.
and
the
to
affiliate.
closing
been
capacity;
163,
its
from
has
between
nies
—V.
and
split-up
A.'' ,i
increases
reported
railway—....
railway-—
>
or
General Reinsurance Corp.'—To Close Calif.
Office—
This
was
eaimings/ wich*
2119. M
"
p.
31
of
age,
Hickok,
were
announced
were
Executive
named
named
Vice-
honorary
Board of D.rcctors as the first
official acts
appointed group. These 14 young executives of
the com¬
exceed Albert Hanradine, Assistant
Personnel Director as
the ncwiy
pany
also
Unairman
was
of the Junidn Beard; Carroll
Marquard, Faptory Manager,
Vice-Chairman;
and
E.
Herbert
KRtredge, Director of
Surveys, was chosen Recording
Secretary.—V. 168, p. 2543.
named
Market
*
260,000
$3.11
stock
1— '
$-■>, mA !■■!•■ A
railway..—
51,419,487
from railway—.—a
9,561,616
ry. oper. income—_
5,342,223
Net
28,
increase of-8,158,827 kwh.,
last year.- -V. 169, p. 493.
163,
520,000
the
on
ani
irom
from
Net
Net
an
President,
t
sales
December—
From
the" week,ended
for
common
.
developm'1"t-yof trans.-,
of the century "to the
Corp.-*—Weekly Output—
corporation
165,081,982
3
divs.
!
Grand Trunk Western
;;v\ ;V\'M
General Public Utilities
of
salaries.—V.
The "'Crossroads" .ex-,
cuoi-ama.
1947
,
—I
period, the
•
'''
Dan
more/
dozens
but
exhibit,-whiph-liteTaily stopped-,
included in the Detrpit exhibit,
means, Traces 'the
States from the turn
the' 1948
Gross
$155,220,795
and
01
United
stock)
basis.
only
divisions,
car
shown
added.
be
includes
five
mechanical
the
1948
Earnings a-ter charges and taxes
Common -shares
outstanding.
Earnings per common share 1 alter
dis-
was
$27,874,733 $19,840,486
1,665,834
1,359,598
„„
Because of additional
many
exposition
Fashion"
Earnings Higher-
-
—
exhibits
GM's
from
Sales
t,.
■
Jan.
nevv
Unlimited"
models
"Wheel
in
Crctfton
Withdrawn—
Convention
Gerber Products
Co.—Sales and
Nine Months Ended Doc. 31—
I
Con- i
at
war
15.
showihg there.
expanded and
latest
through
present.—V.
assets
at
be
Monday, February 7, 1949
and
automobile
the
141,143,999
of 4,900 shares of common stock
(par-$5) was
rpade Jan. 26 by Shields &
Co., at $17.50 per share. Com¬
mission 65 cents
per share.—V. 167, p. 2541.
i
The
the
show
wiil
as
Corp.—Special Offering—A special of¬
fering
First
GM
hib.t,
National Association of. Insurance
1948 market quotations of bonds and
admitted
will
sensational
portation
po..cyholders' surplus $92,701,124
($142,3.66,181
respectively, at Dec. 31, 1147).—V.
168, p. 2683.
ment
of
73,464,296
by
31,
had
and
available
before
Unlimited"
Waldorf-Astor a,
"Transportation
30
through April
9
complete
s.nce
fascinating mechanical displays showing the- advanced research,"
styling and engineering built into many General Motors products'..'
-V{,.
153,484,415
——AMf—_!M„———————-—-
York's
first
M ch.,
of
2,257,407
15,009.000
-
"Valuations 0:1 basis approved
Commiss.oners. If actual Dec.
April
CHRONICLE
Stage New Show
the
stage
Detro.t,
Detroit intact for the
York
75,964,744
(par $10)
sui
FINANCIAL
"Transportation
New
space
New
1,800,000
1,543,576
15,000,000
—w-——'
1
tm-ni
plus
stocks
entire
played at
34,783,075
13,303,953
2,330,000
1,350,000
from
be moved to
141,143,993
14,032,410
i
Total
'357,054
42,529,855
r
01 »aJustnienc
RPS™! !„
aild ex-Jenseo
RpSvp
d'V.dends
cXE* ill 0tU8f1®laiais
f
GM's
*
hosses^in nPriiUmS'
Net
jl39,7 n)
Hall
will
held' in
snow
vention
5,702,647
lb4,741
0,248,986
153,434,415
corporat.on
product
128,5$10,792
.
Ewfff
This
..
4,013,120
355,524
5,638,181
.
10 °fflce
nceof
admitted
•
3,009,034
~~A ~~
atl
assets..
ollipr
other
Total
.
V
1947
140,275,755
.
. 132, <ol
—
&
General Motor3 Corp.- -To
31
1S43
rieaildp3vtnf-pd St°CkS
COMMERCIAL
;
-
Volume
Number 4775
169
THE
MR.) Hoe & Co., Inc.—Earnings, Etc.—
Net
Total
after
of
L.
annual
$3,058,400.
402,213
384,585
James
Of
saws
the
Group
1948
the previous
J.
L.
Auer,
York
March
shares
The
its
tenders
part
the
at
Mr.
The
stock.
March
on
all
prices
days
that
the
Bank
of
Y.,
until
noon
on
N.
sale
will
the
to
right
be
to
accepted
placed
in
created
effect
in
in
Sept.
on
the
24,
reject
or
Net
1946.
ry.
and
:
have
;
1
$431,687
sum,
of
resulted
this
remains
in
be
to
Net
higher
those 'of
169,
the
of
discretion
have
at
fund
totaled
shares
or
81,226
B
shares
' over
of
and
currently
holder
a
of
ry.
request was made in
the'
corporation,
in
its
to
present at the
Acording
which
to
to
also
eight
statement
proxy
letter
a
William
Ben
requested
resolutions
Hollander,
the
1P48
the New
on
pany's old
The
new
Curb
par
is
the
on
admitted
was
on
Jan.
28
which
at
removed
was
unlisted
to
from
374,742
291,273
1,976
30,147,754
26,869,272
29,634,532
6,084.480
4,804,893
3,550,819
time
of
shares of
11/10
new
the
common
no
1,291,216
281,482
3,058,233
.%
Net
date,
this
was
St.,
interest
In
the
any
or
a
sinking fund,
that
event
certificate
thereon
of
bond
stock
the
(at
will
as
exhaust
accepted
has
threto,
annexed
of
rate
3%
the
were
our
plants
new
the
annum),
per
of.
sum
$84,597.
stock
same' number of shares.—V.
the
lor
167,
651.
p.
An
i"terest javment
equivalent
be
Co.
cf
2 Va%
to
made on March
of
New
business
Interest
York,
day.
not
be
s.'nVng fund
5';
face
amount
will
be
'
will
the
farm
1948
our
to those who, at the close
holder of such debentures.'
first mortgage
old
Hudson Coal Co.
(&
income
M:v
Net
10,416,714
inccme
41,183,753
37,563,016
$1,424,438
revenues
S.
9,836,141
$1,688,730
180,500
$5,363,666
$5,711,590
46,300
6567500
Crl61,2C0
taxes
Unempl. & old-age
taxes
58,832
79,392
408,910
Other
taxes
160,401
162,296
677,808
687,903
Fixed
charges
193,145
209,366
794.996
866,C 01
423,497
1,652,877
Deprec.
depletion..
and
400,918
425.731
1.698,614
income
Net
168,
$772,342
$628,679
$1,782,775
$1,376,841
plants
of
2,577,912
needs
net
stages
of
production
and
to
12,426
15,270 in
farm
in them,
In
business, Mr. McCaffrey
during this period of our
and
but rapidly rising
prices make this
1947,
these
Jan,
authorized
lo
and
liability in respect
certificates, series BB,
Banking & Trusts,
dends
in
connection
of
not
to
be
with
to
company
the
8,700
10,842
pickup, balers
caused
year
motor
in
trucks,
Harvester
in
negotiations
the
procurement
certain
of
equipment.-
to
it
company,
$6,800,000
equipment
reported
was
Jan.
certificates
trust
28,
in
planning
March.—V.
169,
the
p.
sale
Iowa
securities
about
has
company
received
an
SEC
Iowa
and
Power
securities
the
located
According
is
stock
or
to engage
in any activities.
1349.
year
Mr.
the
loss
in
Indiana Harbor Belt
Railway
Railway
Net
oper.
revenues
$2,090,957
oper.
expenses
1,565,919
rev.
Railway
RR.—Earnings—
1948—Month—1947
of
but
at
unspent
which
Projects
from
ry. oper.
1,684,940
$525,038
accruals...
tax
$1,908,563 $23,754,592
221,054
$223,623
110,935
$4,880,783
$21,172,670
6,000 combines,
11,200
corn
the
close
of
the
totaled
year
a
shares
Mr.
McCaffrey
1.255,003
Definitive
2,714,727
Net
Other
receiving oonsidera-
indicated
income
*$87,220
$911,053
12,662
56,806
income
$204,040
63,728
that
several
of
Harvester
had
years
International
Was
presently
manufactured
motor
Total income
$193,727
Misc.
deductions
fixed
*$74,658
$967,859
$267,768
6,073
3,393
49,071
40.669
48,199
41,563.
543,551
498,011
$144,455
*$119,619
$375,237
Feb.
cents
"Metro"
bodies
without
Cost
income
"Deficit.—V.
31
15,
each
of the
sold
&
&
from
revenue
Int..
withheld
other
admin.
632,182,721
420,608,727
__
124,123,533
109,069,095
61,719,028
945,486,182
(Jan.
Contribution
to
Western
Iowa's capital
stock ($10 par)
and
constituting' all of its outstanding securities.—
1949.
of
_
income
income
Fed.
earned
surplus
divs.
divs.
"Earnings
on
exc.
1949).
.
certificates,
shares
when assembled in amounts totaling one or
stock,
may
be exchanged as stated on
such
of
certificates
certificates
fcr
of
States
National
accommodate
1949,
purchase
sufficient
Bank
stockholders
order
on
additional
74,274,762
66,560,385
20,266,843
Cr261,948
Cr524,53S
29,900,000
25,950,000
The
will
agent
and for
tax_
Cri,775,000
48,469,266
22,326 257
stock
5,717,068
5,717,068
5,717',068
21,438,554
21,226,263
12,735,753
$3.92
$3.36
common
share—_
fcr the 3-for-l
common
stock
'
split effected May
$1.30
14,
1948.
The
1947
..
1946
s
$
$
78,306.222
71,392,052
98,142,108
891,094
39,420,650
53,424,805
46,114,639
28,022,292
228,249,543 201,416,604
equip.. 245,385,852 206,187,801
155,576,507
,
,
tLand,
obligations
notes
buildings,
assets
169, p. 6.
charges
his
also sell
scrip for
until
account
company
3 p.m. March 3,
holders
of
scrip
the
of
3
holders
any
March
p.m.
3,
of
a
full
scrip
1949.—V.
169,
on
shave
his
oi
order
206.
p.
filed
Jan. 24
on
receivable
machy.
cos
&
registration statement with the SEC
a
16,000 shares capital stock (par $1), to be offered
be used for investment.—V. 168, p. 2686.
from
Gross
from
Net
ry.
1948
at
market.
ry.
$402,979
121,344
246,330
1945
-
$216,105
*184,630
108,500
90,437
133,625
54,778
5,902,804
4,954,893
3,824,145
4,265,006
railway.——
from
Net
1946
$425,326
265,731
income
2,776,720
2,127,448
1.618,968
1,855,631
income
1,124,643
988,549
755,871
893,557
oper.
from
Net
1947
$566,189
railway-.,—
railway
From Jan.
Gross
1—
railway
oper.
"Deficit—V. 169, p. 110.
bonds, series B, 314% due Jan. 1, 1979.
approximately
have been
to maturity,
3.17%
oversub¬
scribed.
The
on
issue
bid
a
awarded
was
of
100.89.
received
Merrill
to
the
other
Six
the
at
sale.
&
Inc.,
Under
general
104.54
at
as
redemption
if
Corp.
redeemed
a
to
Property
a
credit
during
effect
the
this
and Lehman
100.181.
calendar
subject
Brothers,
redemp¬
1949 and therethe year
1978.
In
become operative in
22% of the bonds before
are
to
year
100
during
which will
redemption
additions
under
bonds
terms the
scaling
down
to
debt retirement
plan,
calculated
is
maturity.
used
Boston
prices
addition
1957,
First
The
100.34 Harriman Ripley & Co., Inc.,
(jointly)
at
100.46;
were:
Beane (jointly),
100.844; Equitable
Stuart & Co., Inc., 100.519; Blyth
Lynch, Pierce, Fenner &
Corp., 100.765; Halsey,
Co.,
at competitive sale Jan. 31
each naming a 3 'A % coupon,
Union Securities Corp. and
group
bids,
These
Securities
may,
of
under
certain
circumstances,
requirement.
be
>
31,670,707
156,567,860
PURPOSE—The
ceived
by
exclusive of accrued interest, to be re¬
the company from the sale of the'bonds will be used
reimburse the company for, the cost of .-additions, exten¬
proceeds,
65,384,435
66,643,898
59,688,956
4,306,308
4,646,585
3,401,614
to pay, or
sions and improvements
3,173,940
2,389,089
1,488,182
proceeds
able
Total-
until
of
equivalent
Kansas Oklahoma & Gulf Ry.—Earnings—
tion
SHEET, OCT. 31
1948
Other
the
Proceeds will
8,287,000
stock
•Investment in sub.
will,
account
Kentucky Utilities Co.—Bonds Offered—Kidder, Pea-
common
and
agent
for
make
to
as
body & Co. headed an investment banking group which
offered to the public Feb. 3 a new issue of $10,000,000
700,000
profs.
ASSETS—
"Accounts
scrip
company.
47,256,160
preferred
Government
the
of
(Oregon),
stock.
after
S.
the
and
scrip
Portland
of
414.804.752
Cr353,101
tax__
BALANCE
U.
stock
common
more
The
agent, will
assist
stockholders
in
consolidating such 'scrip certificates so they
may be exchanged for certificates of stock.
The privilege cf exchange
for common stock expires at 3 p.m. on March 3,
1949 and any scrip
certificates not surrendered to the agent by that date will become void.
United
-were
per
"Adjusted
801,446,766 613,325,069
69,764,654
61,366,362
55,679,337
on
issued.
were
issued
to
The bonds, priced at 101.54 and accrued interest to yield
income
Cash
stock
common
from
first mortgage
(net)
of
common
Crl0,816,381 Cr7,142,778 '07,759,408
etc_
Crl35,093
Cr454,155
Cr987,468
securities,
pension fund
Federal
refund
dividend of 10% in stock and
stock to stockholders of
a
fractional, shares
No
(less
cos.
source)
Provision
Est.
Inc.,
member¬
Committee
The
oper.
sales
at
Miscellaneous
for
quasi-nublic
a
stock."
Service Co.—Definitive Bonds Ready—
share
5,
full
741,251,816 482,327,755
exps.__
receivables,
on
is
company, an amount approximately equal to the current market
of the
common
stock at the date the dividend was
declared
value
$
____
sales
Divids. received from subs.
taxes
1946
$
821,362,649
collection
Deferred
Net
surrounded
Committee,
as
a
dividend, there will
capital stock account $1 (the
par
value per share)
and from earned surplus to capital surplus
account $11
per share.
Thus, there was added to permanent capital
the
subsidiary companies
goods
charges
Net
in
States
of
and
Electric
capital
the corporation paid
share in cash on its
1,
transferred
for
1947
$
Net sales to dealers and users
net
Omaha
the
per
Net
United
the
„
Jan.
For
considering
*$270,912
___^_
charges
Power as its sole
the acquisition by
of certain electric
object
trucks.
1948
Inventories
Total
from
proposes
and the
Jaiitzen Knitting Mills Inc.—Stock Distribution—
covering
for
models
Cash
$193,049
$3,430,000
for
mortgage
bonds, 3%
series due 1977,
nre
now.
Chemical Bank & Trust Co., New York, N. Y., in
outstanding temporary bonds.—V. 169, p. 6.
at
for
subsidiary finance company to handle time sales
a
products;
acquired one new American subsidiary in 1948 when it
purchased the capital stock of the Metropolitan Body Co. of
Bridgeport,
2,104,797
5,678
ry.#oper.
of
is
electric
first
.
available
To
sales- is presently
Mr. McCaffrey explained that "it will continue
1,297,032
191,401
of
Johnston Mutual Fund, Inc.—Registers With SEC—
the establishment of
which
of
its bonds,
exchange
desirable business."
$3,605,869
*
acquired
their
as
corooration
created
Iowa Public
-
•
company to promote and encourage financing
by banks and other agencies of time sales of its products.
However,
the company must always be prepared to
supplement existing agencies
in this financing to whatever extent
may be required in order to obtain
17,566,801
119,542
"
Equip. & joint facil. rents
18,873,803
which
Co.,
distribution
168, p. 2543.
record
now
subject of financing time
tion from the company.
to bo the policy of the
of' its
5,000
$3,350,000 of
V.
of
McCaffrey announced that "a sizable capital expenditure in the
will be for tpe purpose of producing a new line of motor
Cash
19.48—12 Mos-—1947
all
purchase
to
Power
and
be
to
are
application,
non-prof5t
corporation
production
year
Net
Period End. Dec. 31—
Iowa
integration into its system
territory adjacent to and largely
in
the
to
"Nebraska
a
20
substantial part will be spent in the
underway or contemplated during 1949
include modernization of existing
plants, construction of parts depots
and the erection or purchase of buildings for sales district ofiices.
order
granting its application
to be declared not to be an investment
company. Although 11 persons
subscribed for 18,500 shares of its stock", the subscription
price for only
1,000 shares was paid by one such subscriber, which was returned;
and the company does not intend to make any future
offerings of its
authorization
Western
transmission
proposed transactions have
Scrip
appropriated
$55,000,000,
fiscal
Selling,
The
SEC
of
purchase,
Committee, Inc., following which Iowa Power
liquidation and dissolution of Western Iowa
the
properties
Works.
Amounts
378.
Independent Investors Fund, Inc.—Not An Investment
Company—
.
Light Co.—Proposed Acquisition—
requested
distribution of all of its properties directly to Iowa
in
now
Net sales to
of
1
stockholder.
in
of plant expansion
Total
is
'•
169,
terminated.—V.
been
Electric
cause
arid
discussing
ville
New Equipment Issue Planned—
The
have
in and around Council Bluffs, Iowa.
Omaha
•
&
has
the
Western
The
built
were
plants
CONSOLIDATED INCOME ACCOUNT FOR YEARS ENDED OCT.
$6,400,000 equipment trust
by the Pennsylvania
Co.
for
sold at 99.3905 and accrued divi¬
considerable period of time
Co. of Stockholm,
Ericsson
; '
outstanding
engaged
be
exceeding
and
a
M.
in
agreement
principle has been reached,
conditions which, however, have failed to mater¬
circumstances,
company
On
strikes
obligation
assume
issued
trustee,
as
the
L.
occasions
Iowa Power
The
the
ago..
that
during
tractors,
and
year
a
reported
capital expenditures, Mr. McCaffrey stated that the
carried on during the period 1945 through
largely completed. During this time, about $184,000,000
was invested in acquiring new and
expanding the older manufacturing
plants. The principal unfinished project is the new foundry at Louis¬
Illinois Central RR.—Equipment Trusts—
on
for
on
the
•
December—
ICC
Merger
—
206.
was
with 8,280
suppliers
was
certain
The
& Telegraph Corp.
of
purpose
various
'
"The
the
of
income
corporation
the
several
energy
pickers and 510 pickup balers.
Conn.,
1903.
p
On
subject
history.
Harvester
-V.
1,357,771
capital.
more
McCaffrey
The
1948—12 Mos —1947
$11,841,152 $11,524,871 $46,547,419 $43,274,606
-
Expenses
U.
Subs.)—Earnings—
1948—3 Mos.—1947
this
largely due to the production of the company's new line of small
tractors); 16,508 crawler and wheel-type industrial tractors in
trucks."
Period End. Dec. 31—
149,899
—
6.
p.
for
owns
fagainst
fiscal
Gross
capital, tied up
1948'compared
& Trust
leasehold 7%
sinking fund gold bonds, or upon the certificates of deposit or
receipts therefor, Until such bonds, certificates of deposit or receipts
have been exchanged for the debentures.—V. 168, p. 2685.
upon
our
in
were
on the current
need for adequate
$20,000,000
crease
mailed
registered
are
paid
debentures,
National Bank
This figure tops the
set in 1947 by 27.6 %.
able to increase the production of many
individual products long in short supply.
The company built 165,600
motor
trucks in 1948 compared with 148,700 in
1947; 146,777 farm
tractors were produced in 1948, compared with 110,937 in
1947 (in-
•j-ato-
debentures,
3,000,897
120,315
3,994,277
evolving a plan which would enable the
consolidation
of
the
telephone
properties
of Telefonos de
Mexico,
S. A., and the Mexican Telephone & Telegraph Co., the latter ai? I. T.
& T.
subsidiary in Mexico,
com¬
McCaffrey pointed out that to carry the same amount of inven¬
at the end of 1948 that was on hand at the end of 1947 required
In
income
such
of
at The Commercial
1949.
Checks
that
on
will
the
upon
1.
the
upon
1.735,473
ship
program
Hotel Waldorf-Astoria Corp.-—Interest Payment—
182,615
$13,076,438
by the present service territory of Iowa Power."
a
properly assigned
and
surrendered
together
with
the
bond,
ana
thereupon the holder will be entitled to a separate certificate of
highest in
varying
output of goods."
During 1948, Harvester
voting trust certificate
such certificate must be
2,407,724
fixed
for
Negotiations have been carried
President, said Jan.
Mr.
for
unpaiu cumulative
for account of the
highest in the
difficult."
New
tenders
1948—12 Mos.—1947
232.899
$1,123,000 $13,333,950
minimum
National
42nd
169,
Sweden,
on
stockholders
of
"Our
tory
Bank'& Trust Co,, of New York, trustee, 122
York, N. Y., will until 3 p.m. on Feb. 24, 1949,
the. sale to it of *o many of the first mortgage
5 %■
ir""- me and sinking fund bonds, due Feb. 1, 1953, at prices not
exceeding the principal amount thereof and all accumulated and
Sterling
Month—1947
185,031
150,950
avail,
between
I
All
about
receive
1948-
business is very great. We are going through a period of price inflation
in which each passing month adds to our working capital
requirements.
We are makine every effort to manage our inventories so as to have the
Hotel Drake Corp., N. Y. City—Tenders of Bonds—
East
„■
$1,168,700
International Telephone
a
materially added to
old
169, p.'378.
v;'./:/;1'
America—Earnings—
opers.
income
—V.
Oct. 31,
end cf the year.
Most materials and component parts were more
readily available and in greater quantities than in any postwar year to
com¬
each
559,960,739
revenues
ry.
charges'
the
com¬
par
from
rev.
Income
"Several' factors combined to bring about this record year.
Customer
demand was strong, although a buyers' market began to appear toward
trading.
for
620,118,971
7,712,384
2,682,910
oper.
Net
*130,836
33,757,359
Railway
"Z'lcS,Ub2
larger dollar profit, the profit margin was lower
1947, 4.7 cents on each dollar of sales against 5.5 cents in 1947.
net income represented a return of 10.8%
on total invested
in
number
trading
unlisted
being issued in exchange for the old
basis
share.—V.
common
Exchange
stock
common
common
stock
mon
York
no
stock
common
1945
$2,437,565
324,100
Commenting
par
'
,
Period End. Dec. 31—
1946
$2,394,646
1948
said:
$15
1946.
International Rys. of Central
6j4,177
income../.
oper.
'
1947
'671,812,033
of $5,771,087 in
1946, $5,810,448 in 1947
tAfter reserve for depreciation of $120,048,887
1946, $124,043,657 in 1947 and $137,526,118 in 1948. SLssued 13,227,shares in
1948
less
490,458 shares in treasury; issued in 1947
1946, 4,409,185 shares/less in treasury 163,486 in-1947 and 163,482
in
Production, sales—-both* in unit and in dollar volume—employment and
expects
meeting of stockholders next March.
Criscuolo, official salaries have been about
(George A.) Hormel & Co.—Listing of New Stock—
new
losses
1948.
and
the year's business, Mr. McCaffrey said: "The com¬
pany^ operations in our fiscal year 1948 were at record-breaking levels.
equal
to the amount paid annually
in dividends to stockholders, and he
aserted
that
"if dividends are cut
for
any
reason
whatsoever, the
highly paid officials should also take a reduction in their compensation
so
long as such dividend omissions continue."—V. 160, p..2543.
The
for
in
>,
$3,028,193
income—
1—
Commenting
annual
Mr.
*
773,444
capital.
include
to
Criscuo'o
Mr.
426,501
81,672,400
________
555
p.
than
President
company
which
$100)
•___
ialize.
The
1,200
this corporation, has requested the management
reduce management salaries by 50"so long as
suspension of dividends on the company's capital stock."
a
in
Insurance
Although
to
is
150,926
18,000,000
(par
reserve
'After
Higher production and larger sales for the year gave the company a
total net dollar profit of $55,679,000, compared with $48,469,000 in 1947.
in
of
there
The
stock
company
the
of
director
former
a
'*
1948, amounted to $945,486,000, the
pany's history, John L. McCaffrey,
28 in the company's annual report.
previous record-breaking sales total
the
Hollander & Son, Inc.—Officials Urged to Take
50% Salary Cut—~
Criscuolo,
17,141,603
5,886,780
96,916
subs
to
Total
International Harvester Co.—Exceeds Previous Record
(A.)
Luigi
45,354,398
9,919,773
cos
stock
and $5,781,601
.
Sales Reached in 1947—-Sales for the year ended
$739,581
of
payable
60,111,413
36,759,467
9,707,526
Negotiations Terminated—
6.
p.
share
'Deficit,—V. 189, p. 206
recapitalization which,
They were distributed to
used
this
retirement
a
issue.—V.
to
from
expenditures
of Insurance
represented net
share
per
per
$2,961,923
railway—.
railway-.—J-
from
of
of
the
class
"A"
stock
as
a
means
for
liquidating the
unpaid dividends on the "A" shares.
A
fund for the pur¬
of redeeming the B is provided out of annual earnings of the
company
and
during the
last
fiscal
year
amounted
to
$560,079.
Previous
cents
1482.
railway.—
oper.
Net
pose
this
168, p.
from
Gross
Tenders
accrued
board.
any
railway
From Jan.
whole
in
determine.
may
priority
plan
3
cents
part of the 3-cent distribution (within 30
date) at a discount equal to the entire selling
or
payment
from
from
holders
Of
all
.
December—:
Net
action
take
to
meet
accept
board
the
as
after
Gross
of
company
said.
were
directors
of
1.12
International Great Northern RR.—Earnings-
York,
tne
for
shares
commission.—V.
announced
New
31,
Jan.
Stockholders have the privilege of reinvesting in additional
Group
23.
tenders
will
Auer
shares
B
The
the
reserves
27
Bank,
distribution
on
59,519,127
42,787,357
81,672,400
81,072,400
SCommon stock (no par value)____ 318,427,425 318,427,425
254,741,940
Reserves for general contingencies70,000,000
57,000,000
72,000^000
Earned surplus _________________
71,601,282
56,077,567
82,737,117
1.83
cents
represented capital surplus.
After
giving effect to
payment, unrealized security profits, less realized security profits
and losses, amounted to 7.80 cents per share.
year.
tenders
receive
B
and
any
lowest
price,
was
class
-Jan.
on
Avenue
will
company
in
or
Fifth
1949,
of
these
on
President,
and
18,
made
etc
_
payable to sub.
Preferred
and
Offers to Buy Own Class B Stock—
New
Notes
payrolls,
payable
Accounts
this
profits,
pared with $1,710,367 in
semi-annual
Shares
invoices,
taxes
Dividends
Proceeds will
(not including profits or losses from the sale of securities) and
cents represented realized net profits from the sale of securities
0.05
$17,230,844 compared with $13,793,000 in the preceding
after all charges and taxes, were $1,702,334 com¬
were
Net
his
or
income
■
year.
Current
Accrued
k Institutional Shares, Ltd.—Semi-Annual Distribution—
Mr.
Auer
said
that production
of
printing
in the current fiscal year has been at a rate as
high as the average during the 1948 fiscal year'.
-<*
'.
He reported that the company is "definitely in a more
competitive
stage," but he pointed out that "Hoe enjoys a backlog of orders which
remains close to the highest level in its history."
'
The company produced and shipped more printing machinery and
saws
than in any previous year in its history.
Net sales for fiscal
year
Cleminshaw
M.
7
(603)
LIABILITIES—
Ohio—Filing—-
family at $8.50 per share.
be used for working capital.—V. 167, p. 942.
report.
equipment and
CHRONICLE
company on Jan. 26 filed a letter of notification with the SEC
20,000 shares of class A ($10 par) common stock, to be issued to
for
orders as of Sept. 30, 1948, the end of its last
$23,425,000 comparecl with $29,966,000 a year pre¬
Auer, President, informed stockholders in the com¬
were
Joseph
pany's
$3,681,234
482,127
taxes__
FINANCIAL
The
1946
unfilled
year,
vious,
estimated
&
Industrial Credit Co., Cleveland,
MM,;.
$4,619,311
profit
fiscal
-
1948<"tC,'i%V.1947
Quarters Ended Dec. 31—
Shipments
COMMERCIAL
671,812,033 620,118,971 559,960,739
to
$1,500,000
a
temporary
bank
in
will
the
to
be
the
used
properties
to
principal
borrowings used
for
the
prepay
amount
above
of the company.
Of the
the company's notes pay¬
of
$1,500,000
purpose.
representing
S
CAPITALIZATION
Series
3%,
A,
due
1,
May
1977
' *
—
to
stock,
Common
4%%
stock
♦Indenture
the
not fix an overall limitation on
bonds that may be issued pursuant to the terms of
The
provision
limiting
the maximum
amount of
liabilities of the.company to $50,000,000, which was
of
indenture.
Indebtedness
or
bonds
does
31, 1948,
was removed
1948.
BUSINESS & HISTORY—Company was incorporated Aug. 17, 1912.
Principal business is the generation, purchase, transmission, distribu¬
tion and sale of electric energy; but also manufactures, distributes
and sells
gas in
Paducah and in Shelbyville, Ky.r At Oct. 31, 1948,
the
company
supplied
electric utility service at retail to
158,600
cutomers in 466 communities
and adjacent rural areas located in 73
counties in Kentucky
and in one adjoining county in Tennessee, and
sold electric energy
at wholesale under
term contracts to 19 rural
electric
cooperatives
and eight municipalities.
For the 12 months
ended Oct. 31,
1948, the operating revenues of the company from its
electric utility business were $18,422,156 (of which approximately 17%
was
derived from the salfe of power for coal
mining), and from its
contained
articles of incorporation at Oct.
by amendment to sucn articles effective Dec. 24,
in
the
company's
The
two
business
company
minion
in
counties
served
the
by
the
and
principal
are
Kidder,
Stone
Shields
&
Harris,
agreed
bonds
the
3,250,000
1,500,000
1,000,000
Laurence
Co.
&
(Inc.)
Marks
M.
1,000,000
Co
&
Lehigh & Hudson River Ry.—Earnings—
Uniform
Securities
all
Dealers,
"when
shall
be
District
Inc.,
distributed"
Jan.
contracts
All
on
on
and
unless
otherwise
31,
of
from
Net
on Jan. 21 announced that
$10 par value common stock
after
specified.—V.
169,
regular
be
way,
Funds, Inc.—Registers With SEC
150,000 shares of
Keystone
Boston.
ticipation
shares
series
Co
of
Distribution
The
of
cents
1949.
will
Proceeds
announced
the
on
Feb.
Payments
15,
Fund
Custodian
investment.
for
used
be
ry.
Gross
Net
from
ry.
in
1948
■■
.
net
assets
the
of
■
reports of the Investment Bond Fund Series "Bl" and the Appre¬
Preferred
Total
is
at
net
Fund
Stock
assets
present
Series
"K2."
the Keystone Fund
of
divided
about
"Bl,"
equally between
U.
S.
Net assets of
Keystone Fund "K2" increased from $6,336,030 to
$6,934,151 during 1948, and the number of shares outstanding increased
from 313,186 to 357,063.
Net asset value per share declined from $20.23
to
$19.42.
Of this
decrease
as
of
SI
cents
share,
a
capital gain.—V. 169, p.
a
Clark
56 cents was paid out
110.
Corp.—Secondary
Webber, Jackson & Curtis offered
as
Offering—Paine,
secondary distri¬
a
bution Jan. 27 5 913 shares of 4M>% cumulative preferred
stock
$700,936
$609,964
$458,883
railway
railway______
9,012,856
3.468,578
7,552,196
income-—
2,106,483
1,496,371
oper.
income
Jan.
from
ry.
oper.
*Deficit.—V.
a
2686.
p.
The
Bankers
up
to
on
April
and
exceed
Trust
1949,
fund
for
sinking fund of first (closed)
guaranteed gold bonds at prices not to
16S, p. 547.
from
Net'
from
Ne7
ry.
1°48
railway
$56,422
1946
1945
$60,012
♦96,021
♦75,125
*67 231
*114,384
income—
$53,910
♦101,014
railway
oper.
1947
*133,654
*90,480
*89|820
$39,929
From Jan. 1—
Grosj
railway.—
3.*728.f?7<!
3,6^8.720
2,273,'2->3
2 904 424
railway^..—
1,475,319
1,667,802
576,258
L345i527
income...
7w4,422
863,773
286,571
685,372
from
rom
ry.
oper.
^'Deficit.—V.
169,
110.
p.
Net
ry.
company's
oMcial'v
Jan.
According
31,
to
°3''
s'ore
new
the first
Av°nue.
unit to be opened
new
Raphael
Fifth
Malsin,
in
over
Pa., was
20 years.
The
feet
40,000
70-foot
a
Oliver
to
feet
square
169,
wi'h
store,
through
of
has
It
an
selling
for
Fifth
frontage on
Street.
space
area
Avenue,
of
extends
approximately
non-selling
and
purposes.
207.
p.
Las Vegas
Thoroughbred Racing Association—
(Nev.)
The
company
which
($5 par)
The
of
it
proposes
been
the
as
entered
Vegas,
time to
is
holders
for
An
be
sale
additional
issued
to
sold
the
bonus.
a
into
stock
with
at
$5
(no par).
per
purchaser
According
share;
will
to
and
receive
the
with
one
each
share
prospectus,
a
share
of
the
contract
the
company's President J. M. Smoot, of
the sale of the stock, under which Smoot "may from
commission is to
to
sold
time employ
proper
offering of 500,000 shares of preferred stock
common
be
other
and
persons
or
distribution"
of
br paid for
500.000
J.
M.
the
shares
Smoot
as
agents to
the
assist him in effecting
A 20%
discount or
sale.
of
the
company's
"promoter,"
pectus, "for services rendered in the past,
organization and preliminary expenses."
stock.
common
according
to
1947
1946
$5,645,941
797,823
926,990
1,558,309
with
80,050,452
72,670,963
67,007,686
77,732,845
12,259,975
4,277,880
11,864,451
6,434,473
7,625,555
*586,119
cathode
the
Being Purchased—
4%
mortgage
bonds due
March
4%
bonds due March 1, 1949 may
equivalent to the principal amount
interest
thereon
due
Contract
&
to
1, 1949
at any
of their
maturity by presenting
at the office of Geo.i
Street Station Building,
Trust Co.,
(Ky.)—Weekly Output—
of this company for the week ended Jan. 29, 1949,
kwh., hours as compared with 44,110,000 kwh. for
week last year, a decrease of 18.5%.—V. 169, p. 499.
output
35,930,000
Earnings—
Louisville & Nashville RR.
Chemical Co.—Bids Alone on Own
(N. J.)
The
company
only
the
was
bidder
blocks
three
for
of
its
stock
Jan. 27 for sale by the Office of Alien Property, which had
because of war-enemy ownership.
The
bid for 6,930y4
shares of common stock, 56,562l/3 shares of
preferred stock and 8,081 shares of cumulative preferred stock was
$847,500, plus, $2,500 for expenses.—V. 169, p. 8.
put up
ti'e shares
seized
Publishing
Meredith
Wholly-Owned Subs.)—
(&
Co.
31—
Si){ Months Ended Dec.
Total
1,578,031
1,427,951
$2,272,674
86,424
$'2,508,428
146,178
$2,359,098
$2,654,606
239,487
223,702
806,886
administrative expenses
and
6,626,575
7,284.432
costs
Operating
1947
1948
$11,135,137 $10,562,954
revenues
from
Profit
923,743
$1,312,725
$2.04
$1,507,161
$2.34
—
Other
operations
.
income
income
expenses
income tax
Net
profit
♦Profit
—
-
share
per
common
645,000
on
stock
shares.—V.
common
168,
p.
2009.
Metropolitan Edison Co.—Definitive Bonds
first
available at
York,
Y.,
N.
168,
Ready—
bonds, 3% series due Sept. 1, 1977, are
the Guaranty Trust Co. of New York, 140 Broadway,
mortgae
p.
exchange
in
presently outstanding temporary
for
2433.
Purchase Own Stock—
Michigan Bumper Corp.—To
authorized the purchase by the company of
stock from time to time on . the New York
and the Chicago Board of Trade where the stock is
have
directors
The
of
its
common
Exchange
Curb
listed*1
■1
* *
..I-",
stated that it has no present intention of disposing of
if acquired, but intends to hold them in the treasury for
general corporate purposes.
No determination has been made as to the
number of shares, if any, which the company will acquire under this
The
company
shares
policy.—V. 168, p. 2433.
Co.—Plans Issues
Michigan Consolidated Gas
The
has plans under consideration for
bonds and $7,000,000 preferred stock.—V.
it is reported,
company,
of $14,000,000
sale
new
the
168,
2010.
p.
Service Co.—Stock Sold—Cray, Mc-
Michigan Public
Chicago,
Detroit and A. C. Allyn & Co., Inc.,
announced the sale of 18,000 shares of common
(no par). Of the 18,000 shares 11,298 were sub¬
Jan. 27
on
stock
scribed for at
$16,375 per share by stockholders
used for construction and to reimburse company
for such purposes.—V. 169, p. 207.
■
for
;
spent
already
funds
and 6,702
sold by the underwriters.
from
from
on
,
37,818,19(1
railway
income—.
21,175,636
♦Deficit.—V. 169, p. 110.
oper.
ry.
Mid-Continent Airlines,
The company
1—
railway— 207,271,683 189,697,168 169,666,274
from
Gross
33,259,937
16,280,657
196,541,491
29,183,100
50,060,475
15,595,486
22,701,472
-shares
13 273
for
underwriting.' Proceeds
without
169, p. 379.
capital.—V.
Lukens Steel Co.—To Retire Treasury
Shares—
8
consider
will
a
issued.
been
have
Feb.
on
re-incorporated, stock of the
company was distributed among shareholders of Lukens Iron & Steel
Co., its predecessor. Proportionate to the holdings of the shareholders
of that company 10,000 shares of common stock were transferred to
A.
F.
Huston, trustee, with the proviso that the shares be held as
treasury stock available for sale to Lukens employees. No sale of the
10,000 shares has ever been authorized, nor has anyone ever requested
the right to purchase any. In
1946, representatives of some of the
stockholders of Lukens Iron & Steel Co. filed a bill in equity against
Lukens Steel Co., in the Court of Common Pleas of Chester County,
Pa., asking the return of the 10,000 shares on the ground that the
stock had not been sold and they were entitled to its return because
the purpose of the
transfer had not been fulfilled. That court and
subsequently, the Supreme Court of Pennsylvania held that the return
1917,
this
when
ry.
railway
from
Net
Net
ry.
time
the
of
the
incorporation of Lukens, holders of its
common
relatively
were
Exchange.
any
listed
been
10,000 shares in the treasury and that
company and stockholders that the
cancelled.—V. 168, p. 2687.
in cont'nuing to hold the
it
for
best
the
be
interests
retired and
the
Manufacturing
McAleer
company
on
shares
12,700
of
Co., Rochester,
Mich.—Filing
Jan. 27 filed a letter of notification with
($1 par) common to be offered at market
the SEC
without
Proceeds will be used for working capital.—V. 168, p. 47.
underwriting.
26
Jan.
shares
($1
par)
counter market
167,
p.
letter of
a
common
being sold by a director at over-the-
price, through Dean, Witter & Co., San
850.
Francisco, Calif.
type
It
John
D.
Grayson,
Institute
company,
Comptroller Appointed—
who has just resigned as President of the Con¬
York, has been appointed Comptroller of thig
in'New
succeeding John S. Sturgeon, who has
169, p. 499.
510,619
144,988
277,196
aircraft.
fighter
be
the first use of the
Wilson, Vice-President
will
M
Alfred
fuel gauge on fighter aircraft, said
of the company's aeronautical divi¬
highly sensitive electronic system is standard
equipment on a number of bombers and commercial airplanes.
The Navy has specified the gauge for its new F9F Grumman turbo
iet fighter
while the Air Force will use the system on the North
American XF93A
and the Northrup XF89 jet fighters, Mr. Wilson
although
sion
the
'1
said.
Tne
announced
oraers
said.,
Wilson
New
on
Jan.
27
total more than $400,0C0, Mr.
v./.
Appointments Announced—
W Matlack has been named Industrial Manager of the New
of the Brown Instruments division, succeeding O. B.
now1 Regional Sales Manager for the east, central and south¬
Warren
City branch
York
Wilson,
east.
been appointed District Manager of the
Minneapolis-Honeywell company and its Brown
Industrial Manager at Hartford,
Conn., and succeeds Mr. Matlack.
■
D. Lyle Russell has been made Industrial Manager of the Hartford
district office of Brown Instruments division, and Herman Hoyler has
been named Industrial Manager of Brown's East Orange, N. J., district
Frybaclc
W.
Devon
Albany N. Y., ofiice
Instruments division.
has
of
He had been
169, p. 379.
Minneapolis & St. Louis Ry ,—Earnings—
December—
Gross
from
been elected Treasurer.
from
Net
trollers
380,753
•
Minneapolis-Honeywell Regulator Co.—Contract—
„
company announced on Jan.
27 the signing of contracts for
supplying a new electronic fuel gauge for Navy and Air Force jet
Net
.
Magnavox Co.—New
609,404
268,921
201,644
Calif.—Filing—
notification was tiled with the SEC for 1,000
stock,
610,039
25,743
The
office.—V.
Macoil Corp., Paramount,
On
1,698,325
;
111.
•Deficit.—V. 169, p.
on
pose
14,157
1,667,786
was
company
few in number and the stock was not traded
Since Aug. 20, 1945, the company's common stcck
the New York Stock Exchange and is traded in
actively. Anyone desiring to purchase stock is thus able to do so.
Because of this, and because of the decision of the courts, the board
of directors
of Lukens has determined that there is no useful pur¬
stock
38,651
1.993,826
income—
oper.
v
*4,397
railway—
railway——
from
Net
29,406
1—
from
Gross
1945
$121,114
21,761
$139,075
$200,010
73,085
2,160,062
income.—
oper.
From Jan.
stock could not be maintained.
the
is
Net
:
1946
1948
$192,385
58,372
railway—_
from
Gross
;V-V
■
RR.—Earnings—
December—
proposed amendment to
the articles of incorporation reducing the numbeT of shares of stock.
The proposed amendment would reduce the number of capital shares
from
327,976
(par
value $10)
to 317,976
(par value $10). Should
stockholders favor the proposed amendment, it is the intention of the
company to cancel
10,000 shares of stock now held in its treasury,
in order to reduce by that amount the number of shares of stock that
stockholders
Inc.—Files With SEC—
of notification with the SEC
be offered at $6 per share,
will be used for additional working
Jan. 20 filed a letter
of common stock, to
Midland Valley
—V.
With SEC—
common
Stock—
Proceeds will be
1945
1948
r
1947
'
1946
railway- $16,817,061 $18,527,774 $14,015,188 $13,895,733
*7,684,524
Net from railway
2,736,886
4,013,935
2,443,296
>,
956,307
1,504,787
2,199,340"
1,187,769
Net ry. oper. income
December—
Gross
are
and for funds advanced for
of
tubes.
ray
shares were
—V.
$1,054,882
Jan. 28 filed
on
shares
Maywood
any
its
corresponding
has
$1,378,200
a letter of notification with the SEC
stock (par 25c.), to be offered at $1
per share.
Underwriter—Mencher & Co., New York. Proceeds will be
used
to
finance
manufacture
and
sale of television
receivers and
shares
7.
American
Jr.,
Electric
Net
1,253,105
$216,659
,
Fawn & Co.,
Net
—
_
company
299,600
*5,525,761
Louisville Gas & Electric Co.
the
106,515
$138,908
etc.
Major Television Corp., New York—Files
$4,987,383
*7,721,419
*16,659
9,200,990
sum
a
to
Pabst,
totaled
107,167
$2,306,910
1,252,028
7.
p.
bonds.—V.
$6,094,233
refunding
of
together
pros¬
stock
$2,631,305
—
Definitive
Treasurer,
1846 Broad
Philadelphia, Pa., or at the office of The Pennsylvania RR. Co., at
380
Seventh Avenue,
New York, N. Y., for sale to and purchase
by American Contract & Trust Company.—V. 169, p. 110.
H.
$323,174
$2,166,610
5,735,352
304,466
...
mortgage
receive
bonds
for
registration statement with the SEC
a
169,
The
for
•i 307,847
417,279
16,228,698
railway
unified
the
140,300
$246,075
..
1945
Long Island RR.—Bonds
The
filed
25
an
to
stock
stock
common
Las
Jan.
and 500,000 of
preferred
preferred
has
on
—V.
now
income...
railway—..
shares
Registers With SEC—
in
6,823,124
2,132,395
1,591,373
2,754,466
847,649
ry. opsr. income
♦Deficit.—V. 169, p.
on
President,
the
new
Lane
Bryant
occupying two iljors and basement, has been completely re¬
de igned and modernized at an approximate cost of $700,000, including
fixtures.
income
Net
*Based
1—
from
from
The
145,695
interest,
Rentals,
*425,568
1948
oper.
At
Pittsburgh,
si. re,
I.
*951,491
442,851
$6,448,491
railway
railwayit..
From Jan.
of
Lane Bryant, Inc.—Opens New Store—
Toe
—
179,353
78,129
7.
p.
from
from
In
Superior & Ishpeming RR.—Earnings-
December—
Groe>
receive tenders
1949,
6'/2%
interest.—V.
and
105
1,
N. Y., will,
the sale to it
for the account of the
sinking
Lake
Co., trustee, 16 Wall St., New York,
including March
1,
mortgage
23)
169,
December—
Net
The
Lackawanna Laundry Co., Inc.—Tenders Sought—
Net
275,338
Lehigh Valley RR.—Earnings—
Gross
18,140
income
1—
Net
$2,485,610
20,952
Provision for Federal
$617,985
170,461
170,212
11948
from
Gross
$305,034
1945
railway
railway
from
ry.
From
$100), at $104 a share, with concession of
share to NASD members. The sale has been com¬
pleted.—V. 168,
Other
Other
1946
(par
$2.50
Net
233,649
from
Gross
28,788
$225,123
110.
169, p.
1947
From Jan.
Kimberly
226,910
405,702
152.856
portfolio of which
the
Government bonds
and corporate issues of high and good grades, amounted to $6,654,992
at
the close of last year, equal to $26.93 per share on the 247,097
shares then outstanding.
At the end of 1947, net asset value per share
was $27.10, based
on total net assets of $7,776,796 and 286,952 shares
outstanding.
during the year
846,787
337,672
;
284,710
47,822
2,951,598
738,253 ;...
December—•
time
1948, amounted to more than $170,000,000, compared with ap¬
proximately $165,000,000 at the close of 1947, it is disclosed by .the an¬
ciation
1,014,836
income
,
(Dr)_
income.
oper.
income
General
railway
oper.
bonds
Keystone Funds at market values on
Dec. 31,
nual
2,787,226
„
Lehigh & New England RR.- -Earnings—
and
10
3,030,422
16,547
Income
Combined Net Assets Increased $5,000,000—
Combined
3,417,716
*422,210
*85,545
57,543
1—
Net
semi-annual
distribution
Preferred stock series
of record Jan. 31,
follows: Feb.
14, 53 cents; and
as
were
'
43 cents.-
—
(Dr)—
rents
ry.
Total
shareholders
to
37,530
railway
♦Deficit.—V.
Net
regular
a
Keystone
1949,
15,
1945
$179,958
income
oper.
from
Gross
'
K1 Shares—
share
a
payable
filed registration statements with
24
Keystone
on
corporation
47
"Kl,"
Aug.
Jan.
on
10,000
Net
New
the SEC
Certificates of Par¬
Bl, 15,000 shares of series B2, 75,000 of series K2,
series S2 and 30,000 shares of series S3.
Underwriter,
company
covering
1946
$242,159
499.
and
206
p.
shall
1949
27.
Jan.
1947
$271,400
72,684
19,544
railway.!
railway
from
Net
Net
the
in
1949.
Keystone Custodian
The
Association
National
the
13,
No.
contracts
settled
of
Committee
Practice
1948
$293,129
93,781
'December—
Gross
Net
Delivery Ruling—
The
1949.
of
Coal Co.,
Inc., tcgether with the retail coal
yards, Lehigh Materials Co. and its other subsidiaries, earned $183,000
during the year.
During the last five months of the year, this com¬
pany made over $527,000 to overcome the substantial losses incurred
in
the early months of the year.
The results in the latter half of
the year indicate that 1949 should be much better, Robert V. White,
President, said.—V. 169, p. 7.
Net
•
end
the
$1,890,000.
of
Navigation
Lehigh
$3,250,000
Corp
year
income
net
a
$2,279,725 $26,761,589 $23,460,988
1,846,035
21,060.574
18,378,282
5,553
2,669,954
2,169,637
83,017
196,861
386,145
40,086
348,590
360,314
1,732,391
— —
_
facil.
Joint
$1.81
the
for
$2,650,022
$3,496,000
since 1926.
with
before
ized
purchased by
be
to
Company
Hall
income
year
Net
of
Co
Securities
Webster
&
common
From Jan.
amount
&
net
any
$2,701,535
$1.37
$1.40
ended Dec. 31, 1948, is greater than
and taxes
share—.—
after charges
per
1946
1947
1948
the best year in its entire
Revenues from anthracite
and
bituminous coal
and
cement, the principal commodities hauled
by the railroad, all showed substantial increases. • Also contributing to
the favorable showing during the year is the company's program of
Dieselization.
To date, the railroad company has put into service 12
Diesel locomotive units and expects to be almost completely Diesel-
follows:
as
Peabody
income
history
of the bonds
purchasers
several
the
of
Subs.)—Earnings—
Lehigh Coal & Navigation Co. (&
Lehigh & New England RR. Co. turned in
company.
names
Taxes
1948—12 Mos.—1947
1948—Month—1947
$2,318,834
revenues—_
expenses
elected
been
has
Calendar Years—
The
Kentucky
in
areas
Operating
Operating
Gross
in
were
adjoining
immediately
Tennessee
Hillman
C.
designation as executive officer in charge,
Earnings
the outstanding securities
which at Oct. 31, 1948,
all
(Va.)
PURCHASERS—The
each
and Paducah
Shelbyville
in
owns
Power-Co.,
Vice-President and Secretary,
it was announced Jan.
28 by Vy'.lliam E. Russell,
Chairman of the board. Mr. Hillman was
formerly Vice-President of the corporation.—V. 168, p. 46.
Willard
with
Net
$190,724.
of (a) Old Do¬
supplied electric
service
at
retail
to
12,416
customers,
including 35 coal mines, in
30 municipalities and communities and adjacent rural areas in three
counties
in
southwestern
Virginia, and,
for the 12 months ending
that
date,
derived
therefrom
operating revenues of $1,516,158, of
which approximately 46%
was derived
from the sale of power for
coal
mining, and
<b)
Dixie Power & Light Co. and South Fulton
Light and Power Co., both Tennessee corporations, which at Oct.
31, 1948, supplied electric service at
retail to 1,533 customers in
utility
gas
York—New Secretary—
RR.—December Earnings—
Maine Central
Period End. Dec. 31—
Equipment rents
4,400,000
13,000,000
16,550,000
$4,675,000
20,000,000
30,000,000
$100)
(par
$10)
(par
securing
amount
the
cumulative
the laws
Lawyers Mortgage Corp., New
-
...
Pfd.
$24,000,000
10,000,000
*
B, 3V*%, due Jan. 1, 1979-,.
notes, 2 Va %, due $275,000 semi-annually
Nov. 1, 1956
of
under
tract
bonds—
Series
Serial
company
purpose
Outstanding
Authorized
First mortgage
was organized in November,
1946, "for the express
constructing, promoting and operating a horse racing
bf the State of Nevada."
No real property has
as
yet been
acquired.
Negotiations for a suitable site have been
inaugurated, which site will be near the city of Las Vegas. - .7 '
.
The
FINANCING
PRESENT
TO
EFFECT
GIVING
Monday, February 7, 194JL
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(604)
ry.
From
Gross
Net
railway.
railway
oper.
Jan.
from
from
1948
$1,683,103
574,718
1947
$1,659,706
472,184
1946
302,112
201,936
20,286,684
4,904,659
18,377,538
14,570,115
4,771,595
2,279,389
1,914,674
1,831,089
443,938
income
1945
$1,342,406
$1,136,229
428,677,
*384,362
171,995
*266,553
1—
railway
railway.
Net ry. oper. inccme
'♦Deficit.—V. 169, p.
111.
15,573,061
1,826,537
593,451
Volume
Minneapolis St. Paul & Sault Ste. Marie RR.—Earnings
1948
V ' ■' 1947 ' ^
194(5
1945
December—
from
Gross
railwayrailway--—
Net -from
oper.
$2,253,568
$2,136,458
—396,863', - 154,066
- 3,928 v-*110;813
206,704
"93,172
$2,834,735
$2,864,089
._
>'
.
income-;
Jan,
Net >ry.
266,905
>.-"28,361
1—
._
COMMERCIAL
THE
Number 4775
169
,
Missouri Pacific
railway——
from
Net
Net \ry,
income—
2,510,339
oper.
"Deficit.—V.
169,. p.
28,266,905
23,469,789
3,380,893
32,888,486
5,999,899
2,033,179
37,010,433
6,541,378
railway—,
from
Gro$s
6,332,0-2
2,804,235
1,018,068
8.
Gross
Net
ry.
Gross
1945
1946
railway—._i
from
ernment
169,
31
Jan.
company
filed
also
Company
has
bidding
file
on
the
with
Commission
Joseph
the SEC
of first
$4,000,000
of
proposal, tor
a
Accord¬
ing to the prospectus,
this proposal involves the sale at $21 per
share of 59,090; additional shares at the rate of one. new share fbf
each 11 shares held of record at the close of business Feb. 3, 1949.
of additional
issuance
As
of
owner
550,000
& Light
ican Power
of
Proceeds
estimated
latter
shares
to
the outstanding stock,
of
(84.6% I
stockholders.
present
Co. will acquire 50,C00 of the
bond
the
stock
common
at
and
sale
$1,200,000)
the
approximately 02.400,000 of short-term bank
borrowings for such purposes.
Construction expenditures are esti¬
mated at $6,051,700 in 1949. and $2,400,000 ill 1940.
ditures
to
or
off
pay
succeeds
1948.—V.
.
169,
surplus
On Jan.
31
common
behalf
of
the
stock
and
company
filed with
was
hand
for
9,090 snares,
holders without
—V.
no
169,
filed
27
par
on
to be sold at $21 per share to stock¬
Proceeds will be us. d to reimburse treas¬
expenditures
other
for
and
379.
p.
SEC
the
corporate
purposes.
December—
Gross
from
Net
from
Net
ry.
,
Other
1948
1947
1946
$213,415
56,400
$170,861
53,564
$141,079
railway
railway
Net ry.
Gross
76,116
20,084
52,429
"1,119
Net
.
2,361,438
1,781,131
1,465,210
1,905,868
817,926
480,838
338,064
538,130
315,232
165,429
109,522
income—
169, p. 111.
Stellner,
Net
ry.
interest
"$5,065
"$2,810
Net
"23,736
"25,701
"30,471
*24,152 "
income.
"13,816
"11.747
"16.214
"182,984
"186,767
railway...
„
"215,2J7
"214,594
__
1,266,421
7,340
2,158,641
"44,163
"321,609
"194,938
suspended
Sept.
7,
due
1948
strike. —V.
to
figures
in
W.
late
Patterson
also
became
to
,
from
Net
from
Net
ry.
1946
1945
$387,759
$368,223
$290,543
$237,392
190,032
159,303
126,510
railway—
43.756
62,095
59,552
4,675,523"
169,
P
4,190,524
3,491,050
2,645,117
1,760,290
1,330,898
3,497,607
1,133,440
1,035,846
„
.—
income-
oper.
Deficit.—V.
774,442
629,478
A-4.47,249
'
8.
.
of
Because
year
number
a
grain
These
the
292,919,
an
amounted
'ine
The
together
to-close
the
with
increased
with
year
increase of $14,475,947
gross
freight
rates,
of
revenues
tne preceding
over
$83,-
Expenses
year.
to
in
due
increased
part
debt
3;7%>
of
oil
on
privately
niguer
1948
addition
to
income
in
1947,
$9,324,618,
was
investment.
due
in
increase
to
than
the company's
on
$6,503,918,
which
While
$3,480,988 more
was
substantial
to
owned
man
average return earned
income amounted
As
the
is
equivalent
net railway
in
it
1947,
investment
oper¬
far
was
sua
iur-
by many other industries.
Net
ana
increase of $3,683,592.
an
outlays of cash for
tools with
new
which
was
not set aside.
These include:- Income
tax
liability for
$1,139,000; income tax liability for .1945-1943, $..530,000;
adjustment of government l reign t cnarges, 1942-1946, $873,000;
total of $3,512,00(1.
to
payments
of
prior
obligations out of current
earnings, a loan of $1,850,000 was obtained with' Which to pay the
balance "of Federal income and excess profits tax liability for 19421944 on which interest was accruing at 6v< per annum.
Tnis loan bears
interest at 3Va%>
and is being repaid in 43 monthly installments of
$38^42.
*
year
Adjustment mortgage bond interest payments were made during
the ."year equivalent to current accruals, and since the close of the
year the
directors authorized an interim payment on Pen. 1
1949,
of coupon dated Oct. 1,
1941,
Studies
have
continued
devising plans for
bonds,
mortgage
stock,
mon
ment
taking
and
for
pursuant
the
of
income
to
Interstate
tax?. and
other
throughout
entailed
delayed
heavy
of
care
the
the
the
provisions
Commerce
liabilities,
Act.
and!
the
the
development
of
feasible
Commerce Commission and
and
all
of
from
Net
from
Net
ry.
spite
years
Gross
FOR
DECEMBER
railway
The
for
submission
the
the
the
stated
offered
AND
.affected
to
the
CALENDAR
1947
holders.
security
of
stantiul
Corp:
can-be
obtained
Principal
.
.
railway—
railway—
$6,600,554
$5,333,846
1,856,707
1,256,014
of
1,088,126
481,241
2,358,923
68,816,972
-60,732^82
Jan.
on
13
Dallas,
connection
as
trustee,
with
the
of
15,376,906
12,131,360
in
in
"surplus,"
company's
4,398,339
bonds;
bonds; "a
decrease
decrease
to
and
pot
be
sold
the
company
exceeding
issued
at
by
the
99.2006
procurement of certain
to
the
is
held
equivalent
Republic
and
trust
National-Bank
accrued
equipment.—V.
dividends
169,
p.
and
Series
at
investing
net
the
asset
value
the
on
Fund
Independent
Securities
in
proceeds
date
trust
Research
&
National
series of
any
of
creation.—V.
«V.
(& Subs.)—Earnings—
1948—3 Mos.—1947
operations $31,939,302
depletion—
7,119,945
disc.
&
1948—12 Mor,.—1947
$17,939,538 $96,184,345 $30,219,223
4,935,119
21.505.696
12.853,292
exp.
314,235
314,286
1.257,143
1,257,143
taxes—
11,S35;000
5,755,000
33,300,000
19,270,000
$12,920,071
income
$6,935,133
$40,121,506
$26,838,788
$5.2 7
$3.11
$16.35
income
"Also
of
share—
per
income
from
sales,, selling
those
«.'•
-1
fluctuations
yield
on
man
sufficient
shown
interest
separately.
in
and
expenses
t.Bascd
after
dlJf other
?
"
$12.03
deducting
tile
1942k and
'
7
Ernest
to
tion, $1,000,000 for retirement payments, and
value
for
The
by
of
excess
■
of
in
purpose
Mr.
invest¬
and
to finance urgently
lurtner
increasing
based
in
was
1948.,r"
Weir
part on
in
real
of
better
holdings
increase
in
U.
*S.
in
with
'
the
special
are
not
deductible
payments
1948
and
in
fourth
sion
quarter
operations;
made
was
to
S.
tions.—V.
county
provisions
for
for
depreciation
Federal
income
tax
Mr; Weir
explained that the special provi¬
to higher construction costs end the
equipment resulting from capacity opera¬
168, p. 26C6.
of
p'ant
and
■
New England Gas
of
year
Ai'AA-';Av.'I,
'
•
.
Electric Association—Output—
&
Jan.
This
production | of
Association
the
for
280.021,000
p.
500.
ft.
cu.
Jan.
of
decrease
a
of
kwh.
the
for
*
28
the
.
245,264,000 cu, ft.
below production
at
12.41%.
or
.
.
reported
ft.,
cu.
corresponding
'* »
-
.
is
week
34,757.000
for
electric output
kwh., or 2.91%
corresponding week, a
reports
decrease, of' 472,912
a
>
output
This- is
the
28
is
16,243,021
ago.
Gas
mu¬
bonds;
bills;
a
kwh.
15,770,109
below
public
and
the .week" ended
For
of
an
government
treasury
1249.
for this
give recognition
use-
•
state,
U.
government
in
k-V: ;
abnormal
<
were
in
accrual
an
made
the
increase
$64,693,400
as
A
that
out
$2,100,000
1943 but payable
disbursements
the special provision of $10,500,000 for depreciation in
1948, made
addition
to
the regular provision, -$4,000,000 was charged
to the
than
rates
in
actual
Of
its
securities."
of
of
in
$21,933,100
$166,461,800
of
$32,935,200
and
during
mortgages';
estate
an-
directly
terms
public'offerings
bonds;
decrease
negotiated
were
provides
service
the
to
T
"
-
.
pointed
-retirement
in
addition
purposes. AA A
mortgage investments last
year
holdings to $323,390,700 at
investment
-
accrual
•
•
$2,696,600 in industrial and public utlility preferred stocks,
of $6,234,900
in Canadian government bonds.
Assets
$72,419,800
Benefits
force
in
vacation "pay",
This
interest
meet
T. Weir, Chairman, stated that the 1943 earnings were after
charges in the amounts cf $10,500,000 for additional deprecia¬
special
income
net
cost
except
prepenses
shares;' in
2,453,900
on
>"
1947.
and
dividends
and
juid general
shares
2,230,817
in
investments,
contracts.
"country,
loans
increase
an
of
169,
'
and
tEarnings
a
8.2%
to
$1,997,142,200
to
policyholders
showed
gain
a
year-end.-
See
of-
also
V.
169,
New Orleans & Northeastern
1948.
insurance
in
$4,221,160,100
$115,529,000,
at
an
aggregating
380.
p.
31,
Dec.
on
totaled
$107,297,800,
*
December—
Gross
from
The
Gummed
stockholders
54,260
which
The
articles
appropriate
monwealth
Each
three
of
times
week
ago.—V.
year
a
169,
Co.—Split Voted—
four-for-one split-up of
stock, without par value,
with
date
the
ry.
upon
the
Secretary
of
the
number
he
at
company.—V.
the
165,
of
of
filing
will
receive
shares
of
such
before
taken
stock
time
and
of
the
Gross
557,446
1—.
new
stock
such
filing.
499,505
26,341
205,052
225,791
"11,115
12,860,830
11,008,099
8,817,442
11,658,120
5,954.786
4,706,891
2,778,027
4,852,326
2,692,434
railway
railway—
income—_
1,978,715
938,58.9
1,035,710
111.
169, p.
*
that
'he
held
of'
December—
Gross
from
Net
from
Net
ry.
1
.
1593.
par
retained by its
certificates evidencing
be
■
Gross
from
Net
ry.
1947
1946
1945
$688,191
$517,623
$762,602
352.864
254,598
260,225
"237,914
income.
oper.
Net
„
Nashville Chattanooga & St. Louis Ry.—Earnings—
'1948
railway———
from
Ry.—Earnings-
$314,268
railway
From Jan.
change the capital
$756,913
-508,942
oper.
"Deficit—V.
A
1945
194b
$392,685
.
from
from
ry.
1947
$1,074,683
245,281
income
oper.
Net
filing of
the Com¬
without
company
will
above, meeting does not
p.
railway—
From Jap.
.
Net
treasury.
same
from
$1,111,340
.
RR.—Earnings-
A
1943
railway—
New Orleans Texas & Mexico
common
at
record
the
action
the
the
amendment
for
immediately
The
the
.
Massachusetts.
of
certificate
lecoid
a
common
ill
effective,
of
outstanding,
then' holder
of
held
arc
became
approved
28
shares
shares
split-up
value
Jan.
on
outstanding
8,202
Coated Paper
&
,
Net
Net
Nashua
•
.
-
468,480
271,179
50,721
"236,701
7,982.809
7.523.706
7,350.092
8,743,147
—2,547,008
3,066,179
2,551,952
3,342,900
3,522,984
3,841,479
1—
railway
railway—.——
oper.
2,394,277
income.—
"Deficit.—V.
December—•
from
Gross
Net
from
Net
ry.
From
Gross
railway
659,992
from
297,395
income
.
$3,288,554
715,866
329,369
$2,912,972
railway
oper.
Jan.
1947
1948
1946
163, p. 380.
2,3-83,232
A
;
1945
$2,493,910
"172.834
931,356
$2;429,650
172,204
1—a-'
6.659.010
from
29,132,792
903,868
37.629,499
2,380,477
2,932,666
ry. oper.- income—--
railway
169,
31,875,843
5,181,790
1,936,033
1,495,112
3,179,777
35,528.344
railway-
Net
p.
New York
"5.192,273
380. "
The
equal
company
to
when
rate
road's
1.8
National Distillers Products Corp.—New Director—
F.
is
B.
also
Davis,
a
Jr.,
has
director
of
been
the
elected
United
a
director of this corporation. He
Rubber Co., The Equitable
States
Society and The New York Trust Co.—V.
169. p. 9.
National Life Insurance Co., Montpelier, Vt.—1948 Re¬
Reviewed—Ernest
M.
Hopkins, President, said in
in
500.
a~
;:;'.'a"i
V,',
its 100th year of service in
providing low-het-cost protection for American families.
By. passing the billion-dollar mark of insurance in force on its 99th
birthday, the company became one of the 28 life companies , in the
This
company
on
Jan.
17,
1949 began
.
United
States
in
the
billion-dollar bracket.
$2.23
Centra!
reported
This
share.
a
RR.—$2.28
28
Jan.
on
lowest
inbome
net
every
aa a-
Operating
from
Share in 1948—
net
with
compares
$14,727,036,
income 'Of
$2,306,082,
or
cents a
36
period of 1946-47,
increases lagged far behind soaring costs, this was the rail¬
cents of
previous
a
1948
share, for the previous year.
:* However,
except for the "profitless
It
1940.
represents
profit
a
of' on'y
dollar received from railroad operations and in other
\.a.;;.'a '•
:
revenues
year's
since
prosperity"
for 1943 totaled
figure
$779,860,755, up 10.9%
$703,340,527.
of
r
Since
volume
unit
from tho
declined
due wholly to higher rates and fares.
Operating expenses increased 10%,
to $667,342,966, compared with
$606,536,857, reflecting continuing increases in the cost of wages, fuel
and
1947,
other
the
increase
materials.
penses to revenues)
of
86.24.
was
The
Central's
operating
ratio
(the
ratio
of
ex¬
Improved in;1948 to 85.57 from the 1947 percentage
a-
v,AA'a'-aaa"';--
■'-v
A-'a
a-AA.
Freight revenues for 1948 rose to $561,361,243 from $496,734,880, an
increase of
13%, and mail and express revenues showed similar in¬
creases.
Despite higher fares passenger revenue, however, improved
only 2.2%-, to $136,168,197, compared with the 1947 figure of $133,187,777, as passenger travel continued its postwar decline.
For December, the Central reported a net income deficit of $753,399,
'
obligation
ecmioment
^r
time without notice,
any
privilege of liquidating their
(originally
offered
by
National
bond
Net
for
to
to
mortgage
often
part:' "" "
assume
$1,800,000
Int.,
Corp.—Independence
at
the
from
Federal
with
Research
withdrawal
decrease
a
increased
8,782,443
of
,17,30.1,816
National
Period End. Dec. 31—
"Income
1947.
$12,836,600,
by
This
$229,000.
•
Mutual Life "helped
comparable
on
industrial
nicipal
25.959.818
5,843,630
authorized
1,185,398
800,194
'
National Steel Corp.
benefit
83,093,894
22,416,724
Equipment Trust Certificates Authorized—
ICC
gain
after
to
.
such
$90,796,800
utility
$4,725,580
641,579
920,877
83.292,919
liability in respect
certificates* series 1949,
884,631
391,734,135 366,761,099
&
•
income.
9.324.618
and
net
a
but
$29,762,600
only
.
that
changes
$87,490,000
of
73C.798
1,319,339
agents
surplus
Securities
'
1931)
208.
p.
3 945
■
in
Securities
gains, compared
increased
possible
1948."/ New
i-
method
Life Assurance
from
from
with
1948.
company's
to
bringing
of
number
"Deficit—V.
2,253,954
income—_
the
was
31,
more
througnoux
1948.
borrower—a
YEARS
1946 I
to
investment,
report pointed- out that "in 1948, The Mutual Life increased
loans to industrial and utility companies by $152,19j.,400.
a sau-
the
and
Securities & Research Corp., has,.,
holders
of
Independence Fund Trust Certificates having
trust
shares
(terminating in
1950)-as
their underlying
cumulative
company's
The
of
532,142
process—_____
;
sponsor-underwriter,
will
the
in
dividends
net capital
higher
that The
$125,372,000,
close
the
-627,307
18.202,550
office
1949, subject
21,
Mr.
;
little
amounted
housing
totaled
a
in
policyholders—
Jan.
when
380.
169, p.
resulted
1943
against
/
was
under
report
sults
of
of
head
to -policyholders.
somewhat
mortgage. lending ..in
its
5,791,292
576,789
—A
liabilities and
Dawson
Mr.
compares
Dec.
protection
holdings.
of
income
ment
have
$7,508,283
railway—
oper.
the
1948
ryi oper. income
The
capacity,
before
operations,
on
dividends
for.
requirements
amend¬
treasury
company
plans
of
in
policynolders,
investments
from
the
6,067,603
dividends——.
1943
items
167, p. 549.
On
other charges,
$4,62.1,900 of
1948
of
lor
securities
In
\
9,293,423
addition
$4,872,900
,
11,061,145
10,014,029
:
taxes.
Fund—
been
to
its
"surplus" of $145,579,300,
the company also
"special reserves" of $30,522,900, of which' $25,650,uuO is lor
future
strengthening
of
life
insurance
and
annuity
reserves
and
of
'
12,817,227
discounted
and
'
■
'
of
aude
305,000
mterest
194.9
1,179,778
305,000
1,347,612
com¬
From Jan. 1—
Net
filled
not
and
new
has
had prev.ously been held
was
Counsel
$29,083,300
Net
EARNINGS
December—
Net
but
Counsel,
to
liquidating
vigorously
ago, which
of
urgency
importance
the
upon
Interstate
Gross
his
In
company
$145,579,300
of
set
In
ad.ustment
Reed-Mahaf'ie
The
the
view
a
on
preferred
adopted three
program
demands
interest
the
of
with
year
accumulated
readjustment of
progressing the modernization
have
—V.
.
holds
1942-1944,
addition
lesult
a
and
the property, your management was faced with the neces¬
sity of paying out of current earnings, obligations for which reserves
were
created during the heavy earning war years, but for which
a
Patterson,
policyholders,
and
includes
protection
figure
to operate
In
General
and
after a brief illness.—V.
this
gain
net
increase
reasonable return
ther? short of the
but primarily to
tank cars.
Interest
rates,
>
operating
for
diem
per
the company's capital
ating income
a
in
in
slightly
was
obligations.
railway
short of
increase
to
movement
funded,
equipment
net
1948
needed
$60,876,195, an increase of $7,436,129.
Taxes increased
$2,185,043,
primarily
because
oi
greater
income.
Hire
ox
freight
cars'totaled $3,554,989, an increase of $1,383,874.
This latter increase
or
market for
Total
certificates
its
31,024,850
—
reserves—home
Deprec.
for
the development of sub¬
crude oil and steel pipe.
of
movements
conditions,
company
and
forecast,
temporary,
favorable
.
enabled
than
crops
though
stantial,
results
developments,
than expected early in the year.
Among the
contributing to a beter showing were greater wheat
factors
other
unanticipated
better
were
iavorable
of
at
investment
Surplus to
demand
Clifford, Treasurer of this company, died in New Rochelle
of
70.938,854
34,524.428
Stellner
the
As
tne*cqmpany's present qbligations to policyholders under its policies
and deposit liabilities. The r-emaining $16,226,700 of the year's gains
—
and
Mr.
market.
of
s
Missouri-Kansas-Texas RR.
1948 Operations High¬
lighted—Development of Feasible Reorganization Plan
Delayed—R. J. Morfa, Chairman, and Donald V. Fraser,
President, on Jan. 31, said in part:
cash>
were
216,557,762
231,983,089
payments
liabilities
holders.
was
In
several
there
radios,"
auto
The position
General
as
$7,609,100 in 1947.
railway—
from
from
ry.
to
Pension
;;
*226,214
97,558
income-
leit
for
according to the company s
lObt'ti annual report, which was mailed to more than l,00u,000 policy¬
1947
railway
Net
Net
E.
President.
expenses
2,137,715
1,431,555
,
serve
for
payments,
1948
railway-
oper.
Net
on
tnat
than
potential
Vice-President
Jan. 21,
on
$29,063,300
From Jan. 1—
was
the
Earns $29,C63;300 for Its Policyholders in 1948—
December-
and
show
year
made
mat
department.
Y.j,
5,046,894
331,734,135 336,761,099
_
settlement
for
Other
very great, we, are sure that the
accordingly,"—V. 169, p. ill.
Alexander
continue
law
assets—A
premiums
Agency and
high this year.
new
a
H.
stated
merchandising,
of
large
a
5,605,372
—
{est'ma+»ril __i.
Frovision
Walter
1949,
for
still
react
Dawson,
Operations
the
last
radios
auto
reach
autjs
offers
452,688
12,961,684
2,227,890
451,607
'
13,549,501
^
73.059,178
of
Dividends
169,
Missouri Illinois RR.—Earnings—
Gross
is
four
charge
for
more
itself
radios will
the
111.
Gross
in
radios may
3,824,187
,4,776,915
2,452,257
A
policies-
_AA
reported
Future
of
——A—_,._A;
less—__.
or
Policyholders' deposits:
8.
elected Executive Vice-President.
(N.
NOTE—Operations
670,338
thousanu
"That
Leonard C.
"Deficit.
p.
"479,038
Vice-President
Louis
by
AAA" AA
1—
income..
742,621
line
■
4,039,784,
88.770,265
reserves:
process
Not
Mutual Life Insurance Co. of New York—Promotion
3,040
oper.
ry.
814,660
automobiles
$141,484
"17,166
railway
income—'c
new
1947 7
jjj.'
,
/' '
ah'd*Tents
admitted
National
"23,637
from
from
Net
852,501
"Production
auto
"311,5C3
oper.
2,834,563
492,175
a
cost
Policy benef'ts left for future income
Policy claims:
1945
1940
1947
—
railway
From Jan.
Gross
Ry.-—Earnings1948
railway....—
from
2,610,726
841,330
p.
Dec.
over
-
Annuity- —'
In
3,165,007
772,235
production of auto
for
Missouri & Arkansas
from
41,152
3,076.781
169,
v.;-;'"';j"l948
'
•
\' 1'"1
■
.
receivable
Provision
saici.
December—
Gross
31,228
—
announcing
hundred
"Deficit.—.V.
Net
46,403
41,132
1—
oper.
at
Insurance
$216,815
12,685
Motorola, Inc.—Four New Auto Radios—
210,579
railway..—_
oer.
ry.
$176,776
24,s03
52,585
railway
railway
"Deficit.—V.
In
railway
from
$219,622
30,803
"645
Jan. 1—
from
Net
—
income
oper.
Prom
ry.
$119,830
19,242
from
from
Net
from
Net
1945
December—
Gross
Jan.
from
Net
•
assets
Policy
1945
1946
1947
1948
income
'
in
liabilities—
$244,357
railway
railway
oper.
Prom
Gross
Mississippi Central RR.—Earnings—
>
,7.
in
company.'s
Premiums
Accrued
Montour RR.—Earnings-
of notification with
letter
a
common,
underwriting.
construction
for
ury
Jan.
on
and
Administration
estate
Loans
Total
company
year
force
stocks at market quotations—;
,9.203.857
9,675,742
mortgage loans—_'_.rA-T-~-ArAAA——'. 245,640,426 237,900,585
mortgage
loans,
fully guaranteed by
Real
90,000
of whicn 70,000 will be oilereci in
20,000 shares on behalf of others.
The
si),
offering price will be $2.50 per share. Underwriter, Buckley Securities
Corp., Philadelphia. Company's proceeds will be used for improvements,
equipment, working capital.
Files With SEC for 9.090 Shares Common—
The
in
Second
Veterans
the SEC for
continue
Preferred
—a';'A:vV*'AAl"/-
(par
'Xh;7"
,
Hospital, Inc.; Norristown,
letter, of notification
a
of
an
a
\
will
vv>'
::• aa v
%a
aa;A. financial condition dec. 31
on
First
shares
aggregate
total
for this purpose.
increase of $900,734
up
$18,202,550 reflects
of
1948
in
the
over
' '
•"
used
policies
on
$21,045,229
bailies—,
5,230,321
Bonds ..A——A—-3^—102,595,989
v
Chiropractic
payments
incvease of
dividends
of
ASSETS— '
Lloyd P. Nickell, who resigned as Chairman Dec. 31,
p. 111.
"
Montgomery
assets.
future
meet
an
liability of $6,067,603 set
a
31,1947.
;
: :
'
Cash
Dr.
Pa.—Files With SEC—
the stock sale (the
for construction expen¬
used
He
A.
scale
same
The
O'Neal, Jr. has been elected Chairman of Monsanto "
Chemicals, Ltd.; London, England, a subsidiary.
aaa;;;;va:
In
adui(ion, Mr. O'Neal will continueujn his present position as
Managing Director of the British unit, a post he has held since 1946.
Amer¬
additional shares.
proceeds of
to be
are
Texas
Edward
total
of
to
■;;
1949, with
Manager of
the
Vice-President.
Mares, of Texas City, Tex., General
division,
has
been
elected
a
R.
company's
54.17"
aside
which is
ag0
The
registration statement with
a
competitive
offering at
mortgage bonds, due 1979.
an
set
$339,566,695,
8
p.
constitute
Reserves
oper.
"Delicit,—V.
in 1947 to 3.32% in the year just ended.
company's holdings of United States Government bonds and
and-mortgage loans guaranteed or insured by the Federal Gov¬
bonds
railway— 221,034,427 199,622,368 174,495,869 218,038,535
44,499,419
36,752,500
67,654.383
54,219,925
railway—^—.
income—19,803,712
23 659.328
26,575,268
21,543,724
from
ry.
3.08%
The
A
from
Net
SEC—
Minnesota Power & Light Co.-—Registers With
The
new life
insurance during the year 1948 were $103,588,064,
figure exceeded in only two years of 'the company's history, 1940 and
when impending rate changes accelerated sales.
*
Improved ihterest earnings are especially gratifying.
They increased
1947,
oper.
Net
9
Sales of
a
'
1947
1948
Monsanto Chemical Co.—New Vice-President—
proposing
(605)
-
RR.—-Earnings—
.
railwayA A $18,790,548 $18,894,440 $15,698,533 $14,3-17,360
3,415,981 "10.883,652
4,329,212
4,354,784
2,119,732
i,936,327
2,127,223
income"4,321,105
from
Net 'from
'"
'
>
.
CHRONICLE
"r"
December—
Prom Jan'. 1—VV
Prom
&, FINANCIAL
■
v '
aa
.
.
>
l
income of
net
COMPARATIVE INCOME
I
'
'
Period End. Dec. 31—
ACCOUNT
expenses.
'■ " /
■
62,410,052
Net rev. from ry. opers.
9,909,398
*Ry.
&
Net
ry.
Other
522,943
8,292,069
485,850
7,321,323
*226,270
7,763,042
19,323
*936,215
*1,299,221
*1,672,747
"1,218,762
3,637,391
2,302,075
Dr745,101
2,703,341
21,883,673
2,892,290
5,005,416
205,134
3,439,361
59,105,264
1,804.909
—
Misc.
fixed
123,767
deductions
Total
3,521,922
charges
"~*7ncl.
Fed.
2,306,082
Recapitalization Plan—
ported in Agreement on
taken from the "Wall Street Journal" of
appointed Dec. 20 by directors of the road,
following
The
is
committee
A
7,540,404
14,147,511
45,794,235
1,396,467
5,804,685
3,316,078
2,495,549
2,417,712
7,886,785
5,176,445
$20,984,247 $19,849,929 $79,734,828
and
$59,212,507
*
.
secret the fact that the committee is in
would indicate that one stumbling block which
thwarted
a
proposed recapitalization and merger with Wheeling &
Lake Erie Ry. a year ago
has been removed.
%•;
This stumbling
block involved objections by some common stock¬
holders to issuance of additional common stock which, they contended,
would
dilute
their holdings.
At that time the common stock was
agreement
substantial
around 38, which would have entailed a considerable amount
additional common to clear up arrears on the preferred.'
selling at
of
Would not involve any dilution of the common.
Fallowing appointment of the committee last December, it was
Reported that one of the.proposals which it would consider would be
jih offering of new preferred with a lower dividend and possibly a
jsinking fund in exchange for the present $6 preferred, on which
dividend arrearages will amount to $73.50 a share after payment of
dividend
March
$7.50
of
Hudson Power Corp.
Niagara
Plan
would
classes
affected.
be
V
■:
••:,;•■
./■
■
.
committee held its first formal meeting
at
following a meeting Of Nickel Plate directors. Prior
recapitalization
The
Cleveland
to
,that
so
that
Jan.
26
had
there
committee
been
met.—V.
first
discussions
informal
been
had
plan
a
SEC
169,
the
by
time
the
500.
p.
of
preference
the
the
committee
The
December—
Gross
from
H
Philadelphia;
169, p. 500.
1946
$186,p3l
14,831
Net
491,415
From Jan.
Gross
from
from
Net
Net ,ry.
V,
76,089
2,545,994
Net
763,511
520,892
1,101,542
Net
ry.
730,397
634,287
1,031,126
2,143,161
169, p. 112.
York
2,678,605
3,114,355
income
777
v
New
Haven
2,157,560
.7'-:.
.
Hartford
&
RR.—Equipment
(Inc.) and associates
Net
JBramhall, Barbour & Co., Inc.; The Illinois Co.; Weeden
Certificates are dated Feb.
TFety 15, 1950-1964.
received
bids
& Hutzler,
98.03117;
sale,
all
for
2Vis,
were:
Salomon
98.146; Lehman Brothers and Bear, Stearns & Co.
Halsey, Stuart & Co. Inc., 98.014.-
EARNINGS
FOR
DECEMBER
AND
CALENDAR
■-■v-Yb-'-K.-b
7"
'
railway
•Nonoperating
Fixed
125,203,552 109,373,839
4,659,266
5,264,660
accruals—
2,977,680
3,095,109
"60,335,804
34,284,195
income
.Federal
rents
Net
'Net
.♦.
$1,831,674
$1,831,674
—
Net
inc.
$549,353
549,353
—
646,575
$1,185,099
$549,353
$1,734,452
162,903
902,000
$$446,002
$386,450
;*Net railway operating income..
Nonoperating income (netJ.!-—-.
^Fixed charges and contingent int..
818,447
Net
"
'<
inc.
Fed.
debit
'
7
'
7 •
after
572,654
818,447
$$264,599
'224,000
adj.
$572,654
$308,055
1
—V.
Fixed
Net
$$$488,599
$$84,055
$572,654
before
income
Fed.
$14,772,536
4,665,299
$4,665,299
...
9,768,239
int..
inc.
9,768,239
$5,004 297
taxes
'
taxes
$4,665,299
$9,669,596
2,371,531
1,498,469
3,870,000
Net income after Fed. inc. taxes $$2,632,766
$3,166,830 $$5,799,596
12 Months Ended Dec. 31, 1947—
operating
p*Net
railway
Nonoperating
income-
ol
770,964
671,157
2,308,588
40,776,860
37,367,632
153,977
3,995,939
165,519
1,899,828
2,035,736
3,132,403
3,830,420
38,877,032
$3,845,131
$3,845,131
income
(net)
...
i(Fixed charges and contingent int..
4,257,405
$4,257,405
10,862,775
10,862,775
income
Fed.
before
income
Net
of
New
the
unpaid
Haven
fixed
charges and
July
1,
$$7,017,644
1,185,663
166,666
87,688
200,000
1,039,288
2,000,000
2,000,000
2,865,622
3,542,732
35,691,369
Hartford—New Offices
new address is now Standard
3; Conn., effective Jan. 1, 1949.
Co. of
announces
Gas
Y, :.v;
Com¬
to a
additional common to present
stockholders on basis of one share for each five shares held.
The offering is tentatively scheduled early
in April, sipce 60 days
notice is required under Nebraska law.
The company has emphasized
that the proposed offering is subject to market conditions existing at
the time and
could be withdrawn if conditions are not considered
offering
favorable.—V.
of
168,
406,000
Railway—Bids
on
Equipment Issue-
for bids to be received before noon
equipment trust certificates, to be
15, 1949, and to mature in 15 equal annual instalments
15, 1950, to March 15, 1964.-
March
March
credit
881,000
881,000
taxes-U$6,136,644
inc.
$4,257,405 t$$l,879,239
Federal
&
income
tDeficit.
^Includes oper¬
but excludes
fixed charges of
taxes.
Providence RR.,
taxes and
bond interest.
contingent interest
1947.—V.
169,
p.
112.
on
1947
basis of
net
income
includes
reorganization effec¬
EARNINGS
1948
Net
ry.
126,744,079 149,244,108
20,949,419
16,637,852
20, 140,126 '18,005,493 13,351,894 18,273,700
railway.— 157 177,313 142,591,148
35 555,723 30,154,601
from
from
1947
1—
From Jan.
Net
railway.,
income—.
oper.
"Deficit.—V.', ,169,
'
CALENDAR YEARS
1946
1945
Gross from
railway
$13 672 220 $14,133,236 $10,924,810 $11,561,637
3,391,102
1,063,977 *18,086,009
Net from railway
2 833,008
1,858,825
1,060,963
*6,941,355
Net ry. oper. income.—
1 481,947
a
•t; ..
DECEMBER AND
FOR
December—
Gross
'*
profit
a
in
appear
the
Whitehead
Mr.
said
business,
annual
gross
$4,000,000
to
has
more
letter
a
to
bondholders
within
RFC.
and
Preliminary
that
few
a
said.—V.
plans
indicated
168.
seek
to
have
discussions
has
agency
Whitehead
then
company
been
would
it
go
49.
p.
1947
1946
1945
$82,223
$66,482 Y
$88,831
8,881
33,517
19,878
18,115
*2,968
22,451
34,135
1,109,286
790,269
922.582
1,187,207
452,659
220,786
285,098
458,928
income
134,227
42,892
65,172
191,284.
169, p.
Gas &
112.
Electric
Jan.
on
stock
is
each
to
10
with
be
offered
of
of
the
seeking
SEC
Francisco
San
registration
of
Regional
shares
754,038
par).
for
record
shares
holders
Co.—Registers With SEC—
filed
28
statement
($25
to
proceeds
company's
then
subscription
Feb.
held.
25,
The
intended
record
the
the
at
1949,
shares
be
to
March
on
sale
construction
for
construction
1949-1951.
be
to
of
years
tures
provided
short-term
and
$25
ratio
the
in
No
by
of
one
will
not
April
15,
for
about
or
on
1949.
share
per
subscribed
paid
18
underwriting
used
to
in
finance,
is
part,""the
The company estimates that expendi¬
program.
will
be
to
are
aggregate approximately $450,000,000
Additional
from
bank
funds
treasury
for
funds,
borrowings, and from
required.—V.
as
Pacific
All
of
1
Outdoor
the
for
this
from
program
the sale
during
expected
are
internal
additional
of
from
sources,
securities
169, p.. 537.
interest
of
of
said
y::
I •tin V-
112-
p.
-/
•
6%
presentation,
debentures
Calif.—V.
166,
due
Sept.
JrJ
■
•••:<;•<!
.
Debentures—
1
have
1958
1949, at 105 and interest.
full
redemption
price,
plus
been
1,
the
of
Co.—Calls
debentures
March
on
payment
date
to
Angeles,
Advertising
outstanding
redemption
Immediate
will
the
at
made
be
presentation
upon
Security-First
accrued
National
and
Bank, Lqs
2562.
p.
Paramount Building Corp. of Seattle—Redemption—
The corporation
has called
for redemption
March
on
$26,250
1, next,
of
25-year 6% income debentures due Jan. 1, 1962, at,100 and interest.
Payment will be made at the Rockland-Atlas National Bank bf Boston,
•■
*10.
Life Insurance
167, p.
force
on
total
of
of
the
lives
of
$2,659,013,126
$118,065,704.
half
a
The
at
million
Dec.
policyowners
31,
company's
New
business
tinder
1947,
and
years
vious
totaled
but
of
gain
gain
over
the
over
interest
the
A.
had
a
la
record
increase
an
$1,180,836,775,
an
in¬
by the company
a
slight decline
the
previous five
represented
new
Presi¬
insurance
reached
earned
for
average
average
Report—
Stevenson,
report,
represented
totaled
assets
$229,783,837, which
24.4%
a
41.8%
a
This
1948.
of $54,817,678.
The net rate
its assets during 1948 was 2%.
1367.
Co.—Annual
According to an announcement made by John
dent, in highlighting the company's 1948 annual
business
the
for
pre¬
decade.
New
investments,
practically
all
which
of
in
were
business
enter¬
prises, mortgages and real estate, amounted to $146,404,294.
Of this
amount, $108,132,542 was invested in securities and $38,271,752 in mort¬
and real estate.
gages
ments
held
now
invested
The
2327.
p.
Northern Pacific
from
at
51.451
stockholders
for
Net
shares of
Company has issued invitations
Feb.
24, for $6,000,000
dated
our
action, the
crease
Co.-r-Probable: Financing—
with the Nebraska State Railway
an
increase in capital, preliminary
has filed
application for
(EST)
of
$3,000,000
$101,062
Penn Mutual
company
an
will
as
released,"
trustee, 30 Congress Street; Boston, Mass.—V.
Natural
Northern
mission
year
operated
32,292,608
100,115
.
1
it has
months
involved.
112.;
company
$4,257,405 t$2,760,239
under the plan of reorganization.
Also Includes accrued
charges against
Boston
and
Providence
properties
for
:,Boston Terminal Co.
tive
Fed.
Boston
r.that company
,r and
taxes
inc.
carry-back
after
income
"Before
ations
tax
Fed.
the
Mr.
railway..
stock
in
GI
increase
by
and
Of
the
the
total
company,
FHA
of
$125,925,024 in mortgage invest¬
more
loans.
than $23,000,000,
18.5 %.
or
is
,
of
$13,700,000 during 1948 in the public utility security
holdings of the company was substantial, but was greatly exceeded by
the increase of $60,500,000,
or
$35 V2 %, in industrial securities held.
Industrial and miscellaneous securities represented
and public utility securities amounted to 17.1%.
U.
of
S.
Government
total
assets
company.
Net
Net
from
registration
a
The
35,331,896
debt
income
p.
first three
the
railway.—
common
35,059,044
2,267,900
that its
Building, 242 Trumbull St., Hartford
—V. 167, p. 944.
1,. •
The
planned
$14,772,536
income
income (net).
and contingent
income
Federal
j.v
operating
charges
38,508,960
2,515,416
224,000
,7 12 Months Ended Dec. 31, 1948—
^Net railway
Nonoperating
169,
The
taxes
mall
this
officials
company
Office
on
'
inc.
Fed.
$553,848
$572,654
taxes,
carry-back
tax
;
income
Net
'
before
income
inc.
3,324,782
3,286,380
funded
of
and for
1948
oper.
Pacific
191,757
(net
Northeastern Insurance
$553,848
to
plan,
"Deficit.—V.
10,694,167
£>r)_
218,664
$$832,452
taxes
Month of December, 1947—
'Fed.
12,676,015
income
Balance
the
"YY-v
24,556,634
1,166,757
11,526
and res. fundsappropriations
Misc.
appropriations
'
'l.P v\
26,051,609
22,579
Sinking
739,097
Fed.
2,169,551
856,389
income
on
The
off
pay
1—
from
from
when
1,681,606
oper. incomeincome „Li
Interest
646,575
taxes
after
income
31,931,041
income
ry.
Total
to
res^r'ctions now in the bond indenture be lifted,
approve
income...
Jan.
ry.
Railway
taxes
Fed. inc.
before
v'Nfet income
56,487,675
(net 'Cr)_
oper.
rents
fac.
Other
Operations
from
was
railway
oper.
called
(jointly),
int._
contingent
and
18&(,i>3$,356 165,861,514
9,844,078
Equipt.
RFC
company
railway
surrender
Railway
_
charges
1948—12 Mos.—1947
15,108,738
YEARS
Operations
operating income—_j.
income (net)
'Net
ry.
1949,
Ry.—Earnings—
Bros.
Other than
%••••'.<
from
common
10,825,282
Railway tax
loans.
long-term
the
capital.
last
be
volume
average
plans
loan
the
from
share
" 15,484,568
Total
(?t Month of December, 1948—
1,408,810
expenses
revs.Y—'
due.
company
the
and
RFC
with
From
revenues
Jt.
the
at
with
Net
oper.
oper.
is paying
it
his
liens upon the company's properties.
It is free of
major part of its obligations are current.
Deben¬
sinking fund Is paid in full to date," Mr. Whitehead's
no
and
$500,000
••
oper!
Railway
1949 and will mature $140,000 each
15,
are
Net
Railway
ry.
from
1948,
term
to
that
said
Oklahoma City-Ada-Atoka Ry.—Earnings—
Railway
Net
31,
same
in
after tney become
Tire
obtaining
working
Dec.
to
December—
494,336
1948—Month—1947
Period End. Dec. 31—
lift
to
days"
its present position:
The
certain restrictions In the bond
be sound
participate in the dividend
'& Co., Inc. and Rand & Co.
f,v
1,366,212
47,430
ol
has
Tire
correct
$500,000
shortly
"The
company
Gross
7.542,107
1,274,984
614,659
& Western
Norfolk
,
.
Other
railway.—__
from
7,909,716
993,831
letter
31
Aug.
stated.
The
8,848,074
9,948,127
2,153,427
to
from
its
the
for
the
along
1—
railway
has
it
The
and
bondholders.
war
loans
held
7,894
Jan.
that
statement
interest
the
92,742
28,157
ry. oper. income.—
"Deficit.—V. 169, p. 208.
■made at
*
106,228
735,219
Net
LlSsue Offered—Harris, Hall & Co.
,on Feb. 3 purchased $2,100,000 equipment trust certifi¬
cates on a bid of 98.2245 for 214s.
Reoffering is being
prices to yield from 1.40% to 2.70%, according to
maturity.
b ,vV
>/■': .!.7 -7•■■'■''••%!!
Assorted in the offering are: Blair & Co., Inc.; Equit¬
able Securities Corp.; Graham, Parsons & Co.; Phelps,
:Fenrr &
Co.; Schoellkopf, Hutton & Pomeroy, Inc.;
*100,933
seek
bolster
that
in
"Norwalk
indenture
30
of
Increase
t*S 1?
bondholders,
1945
*257,321
to
to
York Trust
Tire has
New
31
said
Norwalk
it
fiscal" year
$554,794
income.—;
from
Gross
1946
$644,325
$772,285
*120,689
oper.
From
1947
and
$205,696."
of
Jan.
also
to
of
steps
loan
a
the
Net
railways—
railway
from
1,067,409
railway
»
taxes
the
20
bondholders
and
The
York
$818,758
from
Gross
railway.^—__
1948
December—
Pay
"Norwalk
said
indenture
the
betwen
of
from
two
before
Net
530,829
1—
oper.
New
-
20,723
income.__
oper.
ry.
to
company
the
from
Issue,
letter
Co.'s
prevent
seek
to
"There
ture
Ry.—Earnings—
Norfolk Southern
71,453
ask
than
Gross
$189,756
'•
the
government
company
due
provisions
these
which
will
added:
bank
1945
1947
516,596
Funds
has invested over $400,000 in plants
and equipment
during the past three years in order to care for its
expanding business, including new lines.
rights surrendered."
C. Jones, employed by the
-
caused
the
excise
Whitehead
doubled
than
and equitable to
(1) it would change
preferred stock with full
% Y':
will
letter
a
the
W.
current
which
applied
and Joshua Morrison, New
■
■ vv' V Y;\.% ' 1.\ V';
States
indebtedness
take
company's
Haupt & Co.; Samuel B. Jones, Vice-President
of four insurance companies comprising the Fire
in
Group
has
owed
the
business continues- to
greater
in
Ira
Association
attorney.—V.
$678,879
1948
,.$293,967
"'",32,952
railway
railway—
"Net.from
its
of
of
Trust
taxes-and
"The
of Thatcher
composed
is
of
Firm
York
First
of
Connecting RR.- -Earnings—
excise
because
a
Co.—Seeks
capital
taxes
taxes'.became
J.
to
company
to dividends and assets into a Class A stock with pre¬
as to
dividends, (2) it would eliminate the preference
preferred over the second preferred stocks, (3) it would
annual dividends on the investment, and (4)
it does not
adequate compensation for the
provide
trade
indenture
as
first
reduce
New
the
Rubber
&
United
observe
to
company
only
ference
Association
York
New
of
character
the
232,859
excise
York
New
letter
preferred stock
investment from
first
the
912,880
*893,539
working
of
back
pay
planned
reorganization scheduled lor
for
0<238,133
416,287
bondholders
President
the plan "is not fair
that
committee contends
holders
the
the, members
among
formulated
practically
to
Tire
these
certain
Preferred Holders—
stock of the corporation has
Niagara Hudson's plan
hearing on March 1, 1949.
position
of
.
for first preferred
1,320,627
445,027
112.
p.
year.
failed
for permission to
solicit proxies from first preferred
authorizing "concerted action" by the committee in op¬
SEC
the
stockholders
The
Plate has
360,577
shares outstanding.
*$199,074,127 $54,182,957
11,753
12,028
Committee Opposes
—
Not Fair and Equitable to
as
committee
A
to
12.
shares of preferred stock and 337,434
common
Any recapitalization plan which may be
approved by the ICC would have "to be submitted to a vote of both
common
and
preferred
stockholders because
the position of both
•"Nickel
last
from
income
6,101,819
1,408,963
169,
to
to
asserted
He
,
a
reports
"208,190
5,142,274
5
of the company's bond
perform
the provisions
of
to
of major
company
*72,752
7,008,536
trustee
failed
long-term shipbuilding
contracts on the percentage-of-completion basis; such income for any
period will therefore vary from the billings on the contracts. Billings
and-unbilled
balances on government'contracts are subject to any
adjustments which might result from statutory repricing and profit
limitations.—V. 169, p. 112.
;
>
■
Y
Y
NOTE—The
.,:
*86,577
income
pay
letter
A
contracts unbilled at Dec. 31, 1948
includes the award from the Department of the Navy for the construction of an aircraft carrier in the tentative amount of $124,000,000, the
cost estimated by the Department.
'
Today the common is selling around 78. However, it is understood,
ibe committee has been directing its thinking toward a plan which
the close of the period
balance
estimated
"The
*2,106
8.559,250
account.
failed
The
period—_i_—
of the
the close
at
Number of employees at
to
cash
Co.,
balance of major contracts unbilled
Estimated
*150,028
*
railway
oper.
shortage
funds
1947
1948
31—
at December
As
from
its
opera¬
Totals
1945
$353,938
*5,718
1—
railway
Norwalk
35,601,927
1,871,706
tions
1946
$503,853
88,215
Taxes, Etc.—
and
turbines
work
Other
Feb. 3:
to draft
is in substantial agreement ort a proposed plan,
according to well informed circles.
;
The
plan is expected to be submitted to the Nickel Plate board
at
its March
meeting.
If approved by this group and later by the
Interstate
Commerce
Commission, it would be put to the vote of
common
and
preferred stockholders at a special meeting following
the annual meeting May 4.
There will be no meeting of the Nickel
Plate board this month.
Although
details are
Jan.
"Deficit.—V.
A
accessories
1947
$675,154
*10,935
income
oper,
from
ry.
1948
$591,938
railway
Year Ended
recapitalization
a
ry.
From
Gross
Net
pairs
Hydraulic
"
railway—
from
from
Net
Dec. 31,'48 Dec. 31,'47 Dec. 31,'48 Dec. 31,'47
$9,076,588 $1,888,239 $20,249,123 $15,118,057
Billings—
SEC
the
with
statement
2011.
p.
December—
Gross
601,705
Thirteen Weeks Ended
Shipbuilding contracts _
Ship conversions & re¬
537.
p.
Northwestern Pacific RR.—Earnings-
4,448,548
1,669,826
*90,745
169,
The 1949 construction program calls for expenditures of
and an additional $1,840,000 is contemplated for 1950.—
168,
Shipbuilding & Dry Dock Co.—Billings.
Newport News
St. Louis RR.—Committee Re¬
Chicago &
York
New
4,135,872
660,574
234,596
registration
a
5.5%.—V.
of
(Wis.)—Registers With SEC
$13,560,000;
V.
Net
adjustment
f Deficit.—V. 169, p. 9.
1943 of $7,350,156.
year
4,240,938
1,161,910
filed
31
Jan.
company
Net
*276,657
oper. income...
*Deficit.—V. 169, p. 112.
1,911,940
41,518,932
*135,835
5,029,183
1,424,673
railway
railway
from
*3,875
increase
an
an
offering at competitive
bidding of $10,000,000
first
bonds, due 1979.
Proceeds will be used to provide part of
new
capital required to finance the 1949 construction budget .of
company or to pay off temporary
bank loans incurred for such
the
'
1—
Net-ry.
392,191tCr7,002,714
credit
includes
J1947
income
oper.
from
Gross
l,647,016tCr6,072,223
Federal income tax accruals for
taxes
inc.
railway—
from
ry.
From Jan.
year,
mortgage
1945
$335,346
103,751
30,208
1946
$366,000
*212,289
last
the week ended Jan. 29, 1949,
with 64,207,000 kwh. for the
compared
as
proposing
RR.—Earnings-
1947
$375,507
94,379
1948
$401,642
95,454
*758,449
-
week
(Minn.)—Weekly Output—
for
company
kwh.,
Northern States Power Co.
The
Susquehanna & Western
railway
from
Net
45,736,954
14,727,096
1,360,921
$753,399
income
Net
42,573,259
*60,352
this
of
output
67,763,000
corresponding
the
December—
Gross
Net
income
$441,823
169, p. 9.
New York
Net
income
Total
income
oper.
totaled
purpose.
24,519,561
21,217,393
1,541,566
1.897.065
4,730,441
ry.
railway.-
from
Net
,
income
oper.
''Deficit.—V.
37,221,591
rents
income.
oper.
°112,064
"205,634
Gi?ssmfiJom"-railway——7,957,497
96,803,670
52,435,502
19,848,607
112,517,789
2,585,076
54,161,593
2.180.066
21,134,605
accruals
jt. facil.
tax
*181,910
779,860,755 703,340,527
667,342,966 606,536,857
64,704,245
Equip.
*191,506
ry.
railway
from
Net
$
$
66,601,310
.i *
*100,711
Net
1948—12 Mos.—1947
$
72,319,450
revenues.
Ry.* operating
$607,614
*45,897
Net
Month—1947
1948
$
Fty'.i operating
$599,365
1,240
railway
from
Gross
>")
r
■*-
Electric
1945
1946
$584,755
1947
December—
Lines)
All Leased
(Including
Northern States Power Co.
Western Ry.—Earnings-
1948
reflects
deficit
December
York Ontario &
New
$1,360,921 in the same month of 1947.
year-end adjustments, and December's
operating expenses included the monthly proportion of charges foe the
latest round of wage increases, whereas the month's revenues did not
reflect the
resultant interim freight rate increases of approximately
6 % since these increases did not become effective until Jan. 11.
with
compared
The
Monday, February 7, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(606)
10
an
-
was
Payments
to
for
the
year
earmarked
for
totaled
1949
policyowners and
$15,507,507.
dividend
beneficiaries
287,215,
Of
of
policies in force
was
this
payments
in'1948
bringing the total payments to American
century to over $1,735,000,000.
A total of 45,666 new policies were
paid for in
number
of total assets
holdings of $375,372,000 represented 31.79%
average of $704 for each policyholder in tho
>
income
600,000
and
19.6%
bond
to
amount,
families
1948,
$11,-
policyowners.
amounted
in
and
to
the
the
$67,last
total
723,392.
Employee benefit, retirement and salary allotment plans, established
the year in various industrial firms throughout the country,
totaled $30,428,412,
which represented more than .13%
of
the total
during
volume
of
new
business.—V.
168, p. 2123.
''
Pennsylvania Coal & Coke
Period End. Dec. 31—
Earnings
Gross
2,923,512
2,514,106
10,266,017"
allied
from
$259,475
$534,887
$565,578
leasehold
s
under
Pittsburgh & West Virginia
4,900
31,373
12,540
104,883
$330,925
$295,748
$652,310
2,356
1,987
10,125
12,856
149,902
tC'92,000
21,078
139,000
123,524
57,490
ry.
railway.....
$717,722
165,867
$608,514
36,397
income—
139,035
555,368
$403,697
*87,486
*31,722
8,800,480
2,970,037
income.—
1,935,588
6,835,706
1,632,934
1,639,649
sale
Income
fixed
of
(net)
_
(net)
taxes
Net
*
from
Net
income
to
on
assets
ry.
—V.
1—
oper.
•Net
$489,459
$482,106
$235,859
$274,490
income
and
pletion
Trust
York
to
169,
transfer
sole
appointed
been
has
Co.
of Boston.
agent
stock
($100
cumulative
of
preferred
381.
p.
The
Equipment Issue—
Bids
for the
purchase of $10,005,000 equipment trust certificates,
series W,
dated Nov. 1, 1948, and due in 15 annual instalments of
$667,000 from Nov.
IV 1949-1963, will be received by company at
Room
1811 Broad Street Station,
Philadelphia, up to noon (EST),
for
stock
Jan. 24 filed a letter of notification with the SEC
general mortgage bonds, due Dec. 1, 1951, with com¬
5%
purchase
attached,
warrant
the holder of each
entitling
purchase 10 shares of common stock at $20 per share.
L. Canady & Co., Inc., New York.
Proceeds will be
used to reimburse the treasury, in part, for past outlays for construc¬
tion and additions to facilities.—V
168, p. 2230.
$1,000 bond
to
W.
Underwriter,
Heat
Blyth & Co., Inc., on Jan. 31 offered as a secondary dis¬
tribution 5,000 shares of common stock (par $2), at$10y8
share, with a concession to
—V. 165, p. 112.
per
dealers of 35 cents a share.
Public Service Electric
It
of
with
;
without
business
Rosenberg
the
indenture cov¬
by consent of
long-term'
the
-
subsidiary has net
plant and properties at
Rosenberg
the
financing,
the
of $9,000,000.
Its
carried on the books at $5,267,767 which repre-'
reproduction value established by appraisal
at March 1, 1948, with subsequent additions on basis of cost.
Consolidated Grocers Corp. is the sole owner of the capital stock
excess
were
depreciated
of
equity
officer
any
<fc
Co.,
being operated
which is
Inc.,
business.
All benefit of the acquisition accrues! to
Consolidated Grocers Corp. without personal benefit
the stockholders of
to
Bros.
Rosenberg
of
independent
an
as
1948,
60%
and
in
assets
31,
•'
director through compensation or profit,
or
with
issue
Rate Increased—
Koyalite, Oil Co., Ltd.—Split-Up of Stock
Jan. 25 that the company may possibly be in the
$42,000,000 of first and refunding mortgage liens.
some
sold in April.
be
may
the
of
Investment
banking
have
firms
compete for the offering, it is said.
issue, if it is marketed, will be used to retire
syndicates to
increase.,,thq
shares
1,000,000
each of the present 717,487 outstanding shares tq
be subdivided into four new shares.
;
At the present time, the directors, do not contemplate the issuaucq
of any of the 1,130,052 authorized but unissued shares.—V. 169, p. 38%
shares,
(F. C.)
Russell Co., Cleveland,
new
of units in Public Service's utility system.
debt
issues
maturing
in the near future include
$17,565,500 of United Electric Co. of New Jersey first 4s, due June 1,
and $9,475,300 of Hudson County Gas Co.
first 5s, due Nov. l.—
V.
169, p. 537.
The
Approved^
to
2 approved a proposal
without par value,, from
Feb.
on
stock,
capital
4,000,000
to
obligations
quarterly dividend of 50 cents per
share on the common stock,* payable March 10 to holders, of record
Feb. 19. 1949. This compares with 35 cents per share previously paid
1 declared a
stockholders
The
authorized
reported
was
market
The
formed
Pfeiffer Brewing Co.—Dividend
subsidiary.
the
indebtedness
das Col—Refinancing Plan
&
Reported—
Proceeds
The directors on Feb.
of
by the parent (Consolidated).
The trust
ering
the debentures
of Consolidated was amended
over
two-thirds of
the debenture holders to permit
,
Co.—Secondary Offering—
Power
&
credit
the
on
guarantee
Feb. 16.—V. 169, p. 381.
Petroleum
rests
loan
scnts
on
company
$135,000
mon
1
amounting to $600,000.
Dec.
Inc.—Filing—
preferred stock in its entirety,
berg unit a new issue of
current
Pennsylvania RR.—Seeks Bids on
■;
Consolidated Grocers Corp. purchased from the Rosen^,
Effective
shares
30,000
Public Service Co. of North Carolina,
2011.
p.
6,596,238
1,694,925
1,180,607
Service Co. of New Mexico—Transfer Agent—
New
par).—V.
134,405
reports.—
interim
prior
in
accrued
taxes
to
146,607
32,802
45,436
deprec
applied
tReduction
V., 168,
de¬
for
Consoli¬
1949.
1,
The
respect
The
with
charges
Financing
of
The permanent financing consists of a
$6,000,000 private loan made jointly by John
Hancock Mutual Life Insurance Co., The Massachusetts
Mutual Life Insurance Co. and The First National Bank
169, p, 113.
Public
•After
-
Chairman
ing for Rosenberg Bros." & Co., Inc., a wholly owned
subsidiary, had been completed and made effective on
>
railway....
from
Gross
.
Permanent
—
Grocers Corp., announces that permanent financ¬
dated
15-year
$369,183
37,102
43,716
4,769,492
400,132
428,693
,
oper.
Co., Inc.
Completed—Nathan Cummings,
Feb.
1945
1946
1947
railway——
from
Net
$683,329
33,079
21,000
Net
14,610
103,141
From Jan.
Loss
a
Ry.—Earnings—
1948
railway......
from
Gross
•
3,400
22,998
agreement...
income
Charges
new
wide
a
almost unlimited design facilities, has been
regular Pittco Premier and Deluxe lines.—V. 168, p. 2690,
the
to
Store
and
profiles
December—
income
Gross
Premier
Pittco
of
added
com¬
operat.
panies
of
range
Front Sales,
offering architects
Pace, Manager of
storefront metals,
Powers
to
8,377,999
$304,527
taxes
Balance
Sundry
line
1948—3 Mos.—1947/; 1948—12 Mos;—1947 „
$3,228,039
$2,773,581 $10,800,904 $8,943,577
'
—
and
Oper. exps.
Divs.
According
Subsidiaries)
Rosenberg Bros. &
Line—
Pittsburgh Plate Glass Co.—New Metal
Corp.—Earnings—
Wholly-Owned
(Including
system's
The
for
company
6,000
writers,
—V.
Ohio—Files With
at
decision after due
a
and
earnings,
a
the sales for the first month
Also,
year,
regard to many
of the postwar expansion program, increased sales
favorable outlook for the company's business for
tical completion
current
the board indicated it arrived
favorable factors, such as.prac¬
increased dividend
In announcing this
and
the
shares ($1
McDonald
2691.
168, p.
of this year are
ahead of January, 1948.
It was also stated
that the company has just completed the most
successful year in its history, and if present indications of continued
progress
are confirmed
the management later this year may again
give consideration to further benefits for the stockholders.—V. 168,
Bank
National
Chase
The
the
of
City
York
New
of
has been
pointed transfer agent and the Bankers Trust Co., New
as
co-registrar for the no par value common stock.—V.
York, N. Y.,
167, p. 2793.
2436.
Co.—Weekly Output—
Philadelphia Electric
ended
Jan.
169.
29,
kwh.,
2,834,000
V.
for the week
1949 amounted to
156,660,000 kwh., an increase of
or 1.8%
over the corresponding week of last year.—
this company and its subsidiaries
electric output of
The
31
Jan.
effective
the formation,
announced
1949,
1,
subsidiary,
169,
—V.
of
produce
the
stockholders
Engineering Co.-—Weekly Outputoperating companies served by this corpo¬
output of the
the
week ended
Electric
for
an
year,
29,
Jan.
262,913,000 kwh.
increase of 2.4%.—V. 169,
with
compared
subsidiary,
wholly-owned
will
for
shares.
totaled 269,137,000 kwh.,
the corresponding week last
p. 537.
1949,
Co,—V,
eum
for
169,
announced
It was
York
New
Corp.—Additional Shares to Be Listed
o.n Feb. 2 that this corporation had 100,000 addi¬
$1 par common stock approved for listing on the
Exchange
Curb
upon
as part payment of certain
Corp.—V. 163, p. 2546.
from
Net
ry.
Pittsburg & Shawmut
Gros.i
railway:
from
ry.
Net
Net
ry.
—V.
113.
p.
.
$115,635
28,744
20,480
61,081
404,524
*
;
.
1,448,228
299,642
1,722,115
375,650
2,577,922
314,899
595,707
income—
oper,
169,
43,212
3,046.834'
850,892
railway—__2
lrom
$165,020
71,148
$240,761
63,233
■'
railway
from
Gross
,
1—
Jan.
From
$211,284
27,866
18,006
;
income
oper.
1945
213,366
247,844-
169,
■
Net
sales
&
earns
sales
of
expenses
Malnt.
and
State
Profit
9.600,239
548,211
8,276,542
■427,581
320,686
1,212,682
903,459
153,654
480,887
460,175
Fed.
$2,416,162
290,488
$909,555
67,221
$894,623
157,831
.
160,730
185,826
54,065
66,503
taxes,
—
income
Other
.
than
inc.
3,000,246
148,854
3,348,175
191,904
442,150
169,202
__
—
There
$2,463,699
149,336
oth.
Int.
on
and
Misc.
discount
•
ore
Prov.
income
Net
sale
on
first
of
<fc
Fed.
...
profit
Earnings
per
'
376,800
45,945
$1,470,926
$2,425,793
554,474
563,474
554,474
$0.96
563,474 W
$2.46
$4.21
$0.98
share
in
banks
and
receivable
hand,
on
(less
1,276,100
1,116,000
$561,255
$577,938
outstand.
acounts
reserve
SEPT. 30,
1948
notes receivable,
$32,643), $2,049,140; inven¬
$2,135,879;
at the lower of average cost or market prices, $4,598,582; long
term
receivable, etc., $370,762; investments, at cost, $3,329,40%
in¬
vestment
in subsidiaries not consolidated,- at cost, $269„777;
land,
tories,
$721,780;
machinery, equipment, etc. (less reserves for de¬
$8,039,232), $9,632,367; facilities constructed under cer¬
of necessity^ (less reserves for
amortization of $1,499,773),
mineral
deposits
(less
reserves for
depletion of $44,980),
deferred
charges
and
prepaid expenses, $419,165;
total
buildings,
preciation of
tificates
_
$48,853;
will
de
2,169,508
2,919,319
r
/;//'.
surplus, $278,049; earnings retained in the
1936, $7,407,835; preferred stock in Treasury
$23,828,902.—V.
168,
p.
business since
Jan.
31,
(2,410 shares at cost),
(57,986 shares at cost), Dr$508,1047.
£>r$231,672; common stock in Treasury
*1,042,310
112,774
41,466
*317,764
21,186,950
17,321,866
15,416,816
7,279,001
4,850,200
3,825,432
5,811,552
4,274,113
2,503,319
%430,401
1,684,814
169,
p.
209.
Francisco Ry.—Earnings-
Net
ry.
—V.
2,156,684
112,706.007 104,157,852
•:V'-V V; ;W
ry.
Net
& Power Co., Ltd.—
oper.
ry.
—v.
169,
p.
V';'''? V'\
V.V V;
■'
V.ir a •"
;
■.
$398,951
132,868
16,013
4,836,535
1,386,100
4,063,317
3,504.840
1,022,773
575,443
596,365
317,098
100,544
$307,7T2
' 85,568
8.539
$316,712
55,275
54,643
1—
railway
from
■
51,126
railway—_
from
Gross
-
*417,610
' 124,344
>
income
oper.
From Jan,
National Bank of
8,727,805
91,921,319 111,676,428
10,943,013 .28,649,281
13,394,662
15,104,808
Francisco Jk Texas Ry.—Earnings—
1946
r
1945s'
1948
1947
railway
from
Net
March 1, 1949, $29,000
1965, at 107 and interest.
redemption on
10,373,298
11,389,522
railway....
from
Net
21,814,007
22,274,951
income
537.
p.
Louis-San
Gross
972,265
railway
oper.
169,
St.
'
2,723,236
1,338,344
1,477,762
1,069,830
1—
railway
from
Net
$7,664^086
1,205,340
income...
oper.
from
Gross
$7,869,581
railway
from
ry.
From Jan.
'?■
1945
1946
1947
1948
$9,837,919 $10,196,577
railway
from
Net
Ry.—Partial Redemption—
for
$1,359,939
209,831
294,906
n
2,102,776
"
$1,298,164
549,472
income—
u.
3,779,791
1,306,107
•
*
322,755
-V
Partial Redemptions—
The
recently
company
5%
551
50-year mortgage
St. Louis Southwestern Ry.—Earnings—
Perid End. Dec 31— '
1948—Month—1947
1948—12 Mos.—1947"
called for redemption on April 1, next,
bonds (each of the principal amount of £100
cinq
Railway
oper.
revenues
in denominations of
that the same now
represent and are security for a capital sum of £14 5s. sterling only.
Payment
of
the
bonds
will
be made
in sterling
only at The
Canadian Bank of Commerce, London, England, or in Canadian dollars
at The Canadian Bank of Commerce, Toronto, Canada,
at the option
of the holder.
The obligations are payable in sterling only at either
Railway
oper.
expenses
$5,720,175
3,430,221
$5,412,763'$64,271,863 $54:642,987
3,165,058 38,889,787 33,316,140
ry. oper.
$2,289,954
$2,241,705 $25,382,081 $21,326,847
obligations
$436.66 Canadian funds)
and 1,104
cents francs 5%
(issued in the French language
Francs
500
each which have been endorsed
so
the
of
-
or
two
de
5s.
been
also
places.
for
called
redemption on
April
1
de
sterling
with
per
the
usual
way.
•
of
drawn
Railway
Other
obligations
who
residents
are
p.
bonds
In the
Net
Gross
—V.
a
poses
of
the
stock
from
offering
and to the payment of a
will
be
applied
$100,000 loan.
to
$.1,090,415
27,924
$341,895 $12,071,611
$9,879,473
282,960
$360,299 $12,304,089 $10,162,433
18,404
1,941,020
2,933,894
$7,223,739
258,973
$972,298
114,
Ry.—Earnings1948
1947
$155,491
$116,618
*63,088
railway
railway
from
232,478
$101,326 $10,363,069
146,041
*89,198
♦93,149
*119,486
2,235,701
1,921,714
*140,517
*131,376
*474,703
*471,760
1—
railway
railway
railway opeiating-income
169,
San Antonio
p.
11.
Uvalde & Gulf RR.—Earnings—
from
Net
ry.
From
Gross
Net
railway.
oper,
Jan,
from
from
income-...
7,491
<C"
1945i
1946
$268,718
69,535
$142,016
*152,013
-
*204,983
1—
railway..,.
railway—
ry. oper, income...
•Deficit.—V. 169, p. 11.
Net
.
$220,462
railway*39,408
from
Net
-
.
1947
$326,792
121,149
*117,470 •»%>■' 50.591
1948
December—
Gross
,
construction pur¬
inc.
gross
Jan.
from
,
'
registration
organized in April,
"
265,312
railway operating income
Net
"509^953
451,729/
2,550,384
Net
From
■
$1,118,339
income..
income
p.
$14,748,587 $11,919,904
3,128,705
from
Gross
i?47, to construct a harness
racing plant at Oxon Hill, Prince George's County, Md.' The plant is
now under construction,
William E. Miller of Washington is President.
Proceeds
•
Net
Association, Inc.—Reg¬
,
$607,207 $15,200,316 $12,429,857
oper.
Sacramento Northern
cmumlative preferred
was
$1,336,896
43,222
December—
proposing an offering of 1,036 shares of common
The association
income
income.
oper,
•Deficit.—V.
filed
$563,985
ry,
from
169,
Gross
statement with the SEC
stock ($100 par) and
($100 par).
^
The stock is to be offered in units of one share each of the common
and preferred stock, at $100 per share, to present stockholders of the
association and |five; non-stockholders. !
•'!. ''
has
$1,309,659
27,237
income
Net
With SEC—
company
income
income-
oper.
246,481
ry.
Deduct,
Net
The
1,420,350
of Bel¬
."/V
246.
8,087,039
163,451
Income
France or The Netherlands, may obtain full
the presentation and payment of such bonds
and obligations from Lloyds & National Provincial Foreign Bank Ltd.,
at 2-4 rue Royale, Brussels, Belgium, or at 43 Boulevard des Capucines,
Paris, France, or from The Amsterdamsche Bank N. V., 595 Herengracht, Amsterdam, respectively.
Certain of the bonds and obligations of the above issue were drawn
for payment on April 1 in each of the years 1945 to
1948, inclusive,
and lists thereof can be seen at the office of The Canadian Bank of
Commerce, 2 Lombard St., London, E. C. 3, England, or at the offices
of Lloyds & National Provincial Foreign Bank Ltd., at 2-4 rue Royale,
Brussels, or 43 Boulevard des Capucines, Paris, or at the office of
The
Amsterdamsche
Bank
N.
V.,
595 Herengracht,
Amsterdam —
161,
1,402,974
118,753
oper,
from
Deduct,
or Luxembourg,
information regarding
Rosecroft Trotting: and Pacing
1,126,105
766,602
Total ry. oper.
gium
V.
ry.
Non-operating
and
117,295
taxes-
taxes—
income
Federal
Other
six obliga¬
1,131,713
6,395;71&
1,879,511
94,940
Federal
■
bonds
City
and
county
taxes
of francs 500 each which have not
and as security for a capital sum of
bond.
Holders of these obligations should com¬
company's agents,
Canadian-Brazilian Services,
Ltd., 148 Leadenhall St., London, E. C. 3. England.
The coupon due April
1, 1949, should be detached from the
and obligation's before presentation
and cash *by the holder
rev. from
Net
State,
cents francs 5
as
representing
cinq
endorsed
been
£14
aforementioned
have
There
1,086 shares of $6
J-■/,.<
taxes,
total
2,419,720
Tramway, Light
Janeiro
$1,571,556; funded and long term debt payments due
within a year, $331,000; other current liabilities, $140,487; funded and
long term debt, $3,719,000; reserves for relining blast furnace, kilns,
etc., $333,631; capital shares and surplus, serial preferred stock (24,752
shares
issued
jifter
retiring" 182 shares on .conversion'),, $2,329,523;
common
stock (621,460.34 no-par shares issued), $6,124,444; capital
920;
33,345,798
11,731.413
3%% bonds due Sept. 1,
be made at the First and Merchants
Va.—V. 165, p. 724.
isters
income
7,818,071
called
V '
LIABILITIES—Accounts payable trade, $2,085,408; accrued payrolls,
interest and miscellaneous taxes, $248,561; accrued Federal and state
$23,828,902. ' ■"
26,021,790
1,171,165
137,356
$1,754,048
December—,
Gross
1945
income—
oper.
ry.
♦Deficit.—V.
trustee, Richmond,
Holders
432,000
ASSETS—Cash
14,567
1,232,897
CONSOLIDATED BALANCE SHEET,
$253,195;
Net
:"j'
YEARS
1946
1947
17,568,660
railway
Net;from
CALENDAR
AND
1—
railway
from
Gross
Net
State
—
shs.
26,084
——
—___
taxes
'Common
23,926,429
6,276,731
mortgage
Payment
municate
4,856
6,023
-
iron
of
properties
for
$2,613,035
83,527
.-■
10,187
etc
other chgs. <nct)_
expenses
Profit
■
32,329
debt
funded
of bond
Amort,
$2,706,650
93,640
$976,776
27,842
$1,052,454
chgs._
ry.
Net
been
have
Richmond,
tions
Profit bef.
25,999,807
6,480,166
income
1 l-.i'V^;-.:■>'■•
p.
*219,49$
$1,692,730
497,514
railway^
!_•
oper! income;
December—
sterling
repairs
Depreciation
Taxes, other
and
1948—3 Mos—1947
1948—9 Mos,—1947
$5,112,557
$4,587,060 $14,444,007 $12,692,186
admin, cxp.
and
(& Subs.)—Earnings
oper.
—
Selling
323,103
railway
162,743
♦277,404
1948
railway,.,,
from
From Jan.
.
.
Pittsburgh Coke & Chemical Co.
Costs
158,309
Richmond Terminal
Rio
Period End. Sept, 30—
244,124
railway
oper.
ry.
—V,
1946
1947
$2,965,667
$2,390,139
772,801
1—
Jan.
from
from
Net
RR.—Earnings—
1943
"
v
railway-.
from
Net
Net
Net
1945
1946
$2,187,775
570,055
income
oper.
From
Gross
Net
December—
RR.—Earnings—
1947
1948
railway
206,303
*539,785
DECEMBER
FOR
from
Net
the name will be changed to
$2,466,168
701,294
railway—
from
Gross
Net
Issuance
Consolidated Vultee Aircraft
of
assets
its
of
shares
tional
EARNINGS
St. Louis-San
December—
Piper Aircraft
,
122,659
*18,439
December—
11.
p.
558,196
St. Louis, Brownsville & Mexico Ry.—Dividend Agent
Stuart & Co. Inc., 35 Wall St., New York, N. Y., has been
to act as agent to pay dividends due March 1, 1949, and
subsequently and principal due Sept. 1, 1949, and subsequently, on the
2% % equipment trust certificates due annually Sept. 1, 1949 to 1958,
an
Richmond Fredericksburg & Potomac
5,049,072
Halsey,
"
'*•
V1 *
i"
authorized capital of 8,000 shares
of $10 par common stock, of which 4,333 shares were issued and out¬
standing,
all of which were benefically owned by Republic Petrol¬
had
Corp.
Petroleum
5,119,450
Deficit.—V.
Gross
1,500,000
completion of the merger,
Upon
5,838,019
*41.059
inclusive.-
merger
to
*84,94?
6,288,662
income—
169. p. 114.
oper.
ry.
♦43,314
designated
agreement of merger with
Premier Petroleum Corp., a
agreement, the capitalization of Premier would
shares of $1 par value and Premier shares
be issued to shareholders of Republic in the ratio of four shares
each share of Republic outstanding, of which there were 286,700
the
increased
*
Republic Petroleum Co.
381.
Pioneer Service &
ration
Approved—
Net
$423,188
17,312
15,143
railway,.
from
Net
78,466
$520,045
:*
railway
from
Gross
$367,882
1—
Jan.
From
1945V'
:
84,258
$461,720
•
income—
oper.
approved an
27
Jan.
on
corporation.
Mexico
Under
be
Premier
us
and the balance of the loan for facilities
truck engine.—V, 169, p. 381.
new
a
company's
New
for
p.
Bank—
refund to the government
The
a new division of Phillips Chemical Co., wholly-owned
the sale of Philblack furnace carbon blacks and fer¬
tilizer materials manufactured by that unit.
7 C.
C.
Crawford,
Manager, of
Chemical' Products Department of
Phillips Petroleum Co., also has been elected Vice-President and Sales
Manager of Phillips Chemical Co., of which Mr. Adams is President.
Jan.
to
Co.—Forms Chemical Division—
President,
and
used for settlement of 1945 renegotia¬
$1,694,000 will be
Of the total,
tion
Republic Petroleum Co.—Merger
Adams,
S.
RFC
from
Inc.—Borrows
Motors,
Joseph S. Sherer, Jr., President, on Jan. 28, announced
completion of negotiations with the Reconstruction Fi¬
nance Corp. and the Michigan National Bank of Lansing
for a $5,700,000 five-year term loan.
537.
p.
Phillips Petroleum
K.
Reo
ry.
railway
from
Net
*43,963
railway
from
Net
1946
1947
1948
December—
Gross
v.'tkw
RR.—Earnings—
Rutland
ap¬
approximately 40'*
p.
'Z
Co.—Transfer Agent—Co-Registrar—
Reed Roller Bit
Sl£C
notification with the SEC
par) common to be offered at market;
Under*
Co., and Saunders, Stiver <te Co., Cleveland.
Jan. 20 filed a letter of
on
each quarter.
;.
11
(607)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4775
169
Volume
3,387,655
3,247,073
2,951,931
2,524,067
74,953
193,513
57,555
*30,597
*810,960
*572,421
*621,560
*656.184
12
(603)
THE
Sau-Nap-Pak Mfg. Co., Inc.—New Directors—•
Ralph
W.
Gates,
former
Donald, Vice-President of
elected
directors.—V.
Governor
of
the Bank of
165,
Indiana,
and
S.
Mac-
December—
have been
from
Gross
3059.
p.
Net
from
Net
ry.
Scotten, Dillon Co.—Earnings in 1948 Higher—
Calendar Years—
Net
income
after
Dividends
65
in
in
cents
1943
-
amounted
1947.—V.
163,
$1.05
RR.
Period End. Dec. 31—
ry.
oper.
with
—V.
ry,
$
11,582,009
$
132,695,409
Net
119,140,955
Total
Net
Fed.
+ After
—"V.
169,
J.
10,357,631
*2,716,678
ry.
December
fund
t6,537,630
1948
accounts
the
for
account
company
writing.
Jan,
on
6 '/>■
filed
24
10-year
stock,
Proceeds
will
letter
a
sinking
to
be
used
of
fund
sold
be
to
notification
debentures
$10
at
retire
bank
and
loans
the
$10.09,
was
end
of
the
at
1946,
of
end
with
compared
$13.88
at
1948.
end
of
5,000
$1,210,892
394,453
*1,500,188
170,023
147,546
810,329
25.870,554
22,828,278
18,940,221
5,325,200
3,061,777
3,959,138
2,189,605
1,832,871
2,114,809
461,429
Wholly-Owned
&
shares
(&
Net
before
earns,
taxes
outstanding
1,452,164.—V.
167,
Dec.
31,
2547.
for
at
p.
of
Western
Hemisphere]
6 Months Ended Dec. 31
1948
*1947
$491,262
$5,937,740
218,059
2,426,305
1,025,772-
earnings
$1,291,214
$273,203
$3,511,435
$0.80
$2.01
$0.65-
to
reflect
the
exclusion
of
earnings
of
the
Argentine
of
releasing the above earning figures the corporation stated
because of
the
minority stock interest acquired by Argentine"
that
1947,
Jan.
on
treasury
investors
1,
in
—V.
E.
fiscal
subsidiary
stock,
Shawmut Bank Investment Trust—Calls Debentures—
R.
169,
Squibb
it
year,
from
&
has
this
Sons
Argentina,
decided
and
S.
A.,
exclude
to
future
reports
during
the
of
the
earnings
consolidated
pre¬
of
the
earnings.
12.
p.
outstanding 25-year 5% senior debentures due March 1,
1952, and 15-year 41/2% senior debentures (maturity extended to March
1, 1952, have been called for redemption on March 1, next, at 101 and
interest.
Payment
Boston,
Signal Oil
A
par
of
record
value
basis
The
A
National
The
at
Mass.—V.
169,
Shawmut
$5
new
in
is
and
B
B
shares
par
stock,
equivalent
class
payable
to
Fleischmann
each
for
15
no
new
terly
of the
last
share,
par
Inc.
Co.
Southern
$6
share,
per
of $2.50
compared
Edison
California
Dec.
on
with
in
$5
10.
*
'
'
Co.—Asks
FPC
San Joa¬
on
asked
the
Federal
Commission
Power
to
issue
would
make
Forest,
$19,406,500.
i
lands
of
use
'would
holders,
47.000
C.
from
shareholders,
of
ume
icies
dollar
told
The
letter
1948,
new
i
Mr.
used
to
wen
be
sales
liberty—the
record
a
and
product
our
of
slavery
new
of
people
to
the
the
pol¬
for
company
show
current
vol¬
postwar
fiscal
that
subsidies,
the
do
and
V
all
social
security,
"is being
government
they
as
labor.
threatens
please
This
with
and
with
the
statement:
endangers the future
"A
of
America
for
rapidly advancing collectivism beclouds
all
of
Electric
output
3,146,000
totaled
corresponding
of this
us."—V.
as
last
for
the
compared
year,
week
with
increase
an
Oil Co. at
The
$125,000
is
to
be
used
by
in
ended
of supplementing the
supply.—V. 169, p. 538.
purpose
gas
Southern Pacific
29,
kwh.
21.1%.—V.
in
ry.
oper.
Gross
income
Jan.
From
to
access
of
facilities
was
The
SEC
corporation,
for
dends
its
ry.
railway
railway
oper.
lative.
V'--:,
rate
or
of
"Deficit.—V.
natural
15
to
of
\
paid
and
Electric
April
the
5
capital
structure
of
com¬
upon
Phila¬
per
has
471,674,470
34,944,024
97,249,388
30,074,119
26,607,502
in
class
of
it
payment
receives
preference
a
stock
to
any
cumulative
arrearages
as
of
Dec.
No
dividends
preferred
31,
receipt
of
Gas
net
the
stock,
dividend
1948,
income of Standard
on
its preferred
its
on
declared
as
since
Southern Ry.—Estimated
New
York
bids
shares
from
cumu¬
have
and
been
$104.06
Power
paid
will
stock.—V.
of
by
40.751
exceed the
169,
Gas.
current
of
on
S.
P.
$2,750,000
has
authorized
of
30-year first
cumulative preferred stock.
new
—V.
earnings
169,
p.
1948
dividend
the
mortgage
corporation
bonds
and
to
40,000
The proceeds of $1,500,000
bonds are to be used, together with
general funds of the
in payment of notes outstanding in the amount of $1,750,000
balance of $1,250,000 is to be used in plant additions.
the
funds
2.725
from
be
to
shares
General
Gross
the
preferred, together with 325,000 shares of new
later, will be applied in exchange for outstanding
preferred and 260.000 common shares now held by
of
Public Utilities
Corp.—V.
$5,784,341
$6,466,634 $16,976,726 $19,212,144
$263,249
$272,061
$305,759
Net
ry.
*45,795
*33,724
*22,576
*607,528
*99,297
*101,385
43,915
*390,421
3,574,078
3,229,165
3,565,346
be
'
holders
Read
at
&
writer..
rate
Co., Inc.,
3
to
one
repay
be
also
of
new
and
the
share
buy
disclosed
investors
50.579
304,319
1,028,286
*544,393
*671,400
*257,156
315,001
railway.—
income...
oper.
from
ry.
$231,185
1—
from
Net
Net
1945
oper.
"Deficit.—V.
169,
209.
o.
benefit
In
of
formal
making
this
for
registration
its
statement
as
the
stock¬
common
eleven
unit,
all
cines,
held.
of
in
the
division
Milk
Sterling
Milk
of
Sterling's
household
Phillips'
Mr.
that
it
tended
of
the
of
3Vzr/c
three
to
Skin
Cream
principal
under¬
milk
of
shares.
Terms
issue
30-year,
first
debentures
classes,
of
and
sell
mortgage
due
in
1974.
securities
169,
to
p.
538,
will
and
the
1,
209.
p.
Additional
of
company contemplates
to finance a part
field
television.
of
rapidly
growing
Mitchell
Mr.
picture
market
said,
for
Sylvania
tubes
1949.
Seneca
Falls,
tubes,
in
indications
its
in
Mitchell
said
facilities
picture
is
in
that
while
1949
being
equipped
property
the
meet
its
Tennessee
Gross
and
has
television
of
from
from
Net
ry.
Gross
television
set
current
assets
and
delivery
in
final
figures
the
for
1943
operations
1947
1946
1945
$439,233
$321,267
$281,564
63,490
*16,831
22,340
*13,765
*12,758
*73,433
13,111
4,752,217
4,253.442
3,639,013
3,847,985
691.534
409,961
257,796
707,491
29,152
*170,976
*282,497
284,767
Financing Approved by ICC—
en
Jan.
11
railroad
not
exceeding
169,' p. 2C9.
Net
ry.
*
ry.
from
ry.
Net
169,
*27,755
-99,843
7,266
'57,523
2,427,515
2,171.435
1,357,784
666,741
655.511
273,248
676,028
289,149
287,477
12.
p.
1947
1946
1945
$11,066,185
$7,941,546
$7,898,250
2,088,570
3,248,344
*354,034
697,789
1.418,158
1,171,661
1,257,002
129,380,804
114,845,722
34.839,819
14,349,581
35,227,477
income
Jan.
RR.—Earnings-
1948
$10,976,275
railway
1,100.281
1—
from
railway
railway—-.-
from
1945
$144,722
23,800
1,046,722
railway
oper.
From
1946
5187,835
180,517
.
3,024,971
December—
Gross
1947
$334,808
%
,
*22,656
.__r
Net
certificates.—
3,250,554
income
oper.
from
financing the
the purchase
1—
railway---railway
Deficit.—V.
Gross
in
trust
...
88,383
income.—
oper.
RFC
through
$295,799
from
from
Net
.Net
3%
1948
railway—•_
railway-
From Jan.
Gross
the
by
company
equipment
by the
of
Ry.—Earnings—
front
from
aid
approved
equipment
$918,060
December-—
Net
- are
2053.
p.
1—
ICC
Gross
opera¬
considerable
high.—V. 168,
new
a
for
that
1949.
41,204
income—
oper.
purchase of
V,
more
$392,296
.
railway
Net from railway
Net ry. oper. income
"Deposit.
of
sales
of
1Q48
railway
front
The
of
sets
Ry.—Earnings-
railway—_
Jan.
in
Colonial
investment
an
division
for
earnings will reach
Central
is
demands
subsidiary,
manufacture
now
tube
order
on
is
this
to
receiving sets.
Sylvania
plants,
television
equipment
Y.,
when
wholly-owned
that
are
time
N.
and
position
a
company's
stated
r.ot yet available,
Net
ry. oper. income
"Deficit.—V. 169, p.
101,782,734 118,588,062
18.483,515
41,867,546
14,581,812
14,917,024
14,661;749
12.
period End. Dec. 31—
Operating
Operating
Jt.
revenues
—
Net ry.
Other
expenses
367,123
L
1948—12 Mos.—1947
$6,881,227 $77,990,776 $64,704,829
5,001,670
57,934,325
48,742.474
439,574
7,537,005
5,264,493
5,517,794
358,389
285,185
3,885,730
14,292
25,051
126,234
257,163
$490,559
income
oper.
Operation-
1948—Month—1947
$6,748,157
_
$1,129,747
$8,507,482
$7,742,413
facil. rentals.(net Dr)
income
Total
Misc.
2,698.286
550,645
charges
Net
192,210
1,456,559
951,123
$1,041,204
$1,321,957
$9,964,041
$8,693,536
and
now
of
registered its first
in
No.
Alberta,
1.
6,439
98,910
99,009
554,411
2,843,997
3,134,446
$732,445
—V.
and
$761,107
$7,021,134
$5,460,081
169, p. 539.
toilet
also
trade
Mr.
of
ager
Tooth
the
division's
ranks
and
Phillips'
second
industrial
Milk
of
Erlandson
has
been
appointed
Nashua.
was
Manufacturing Co.
for
17
company on
15,000
at
shares
R.
par.
the
loan
J.
sale.
and
Jan.
($20
to
filed
19
par)
Edwards,
Proceeds
increase
letter
a
5 V2%
be
used
principal
packaged
sales
medi¬
chemicals.
Magnesia
has
been
acquisition of
The
announces
success
in
Canada,
well
has
that
notification
stock,
City,
Credit
Nashua
to
pay
with
the
SEC
series A, to be of¬
is the stock broker
part
of
a
working capital.
long
term
-
RR.—Earnings—
Net
from
"'Yr'"'
"
railway
From Jan.
__
operating income
Net from
i
railway-.
!_■
p.
36,268
71,237
__
*2,880
1,783,312
1,557,610
*41,522
706 662
railway operating income
169,
1947
$300,725
4,674,782
__
1—
"'Deficit.—V.
1948
$412,230
148,559
railway
railway—...
Gross from railway.
Net
Tablets,
"
.
Gross from
Paste,
Sunray
Oil
Co.,
a
subsidiary;
has
development of recently acquired drilling
with
kicked
completion
into
of
*322,362
150.
Traiisameriea
Feb.
2
Federal
at
hearings
Samuel
Rudolph
Corp.—FRB
Reserve
Board's
opening session of
against' the corporation.
B.
M.
Stewart
Evans,
a
Jr.,
and
flowed
1,700
the
counsel
governor
Trial
courtroom
the
of
Sunray-Pacif'ic-Red-
production
of
Man¬
City, Okla.—Filing—
of
preferred
Toledo Peoria & Western
Net
in
the
Inc., Oklahoma
will
and
years,
since
T G & Y Stores Co., Oklahoma
The
Treasurer
Dyson, President, announced.
V
previously Assistant Treasurer and Credit
Manager for the Textron organization
by Textron in 1946.—V. 169, p. 209.
for
Assistant
Inc., Charles H.
Erlandson
December—
advertising.
pharmaceuticals,
articles,
produces
with¬
year
events.
paper
organization,
of
this
A.
Textron,
handling
W. Ergenzinger,
Vice-President
birthday will be noted through
Magnesia—now
hundreds
Magnesia
spectacular
O.
the
..
and
corporation
water
7,888
300 871
H.
Sunray Oil Corp.—Unit Develops Canadian Leases—
leases
_
—
income
The
The
income
deductions
Fixed
bank
Chas.
Phillips' Milk of Magnesia
Cleansing Cream, and Haley's M-O, which combines
magnesia and mineral oil.—V.
169, p. 383.
Dillon,
unsubscribed
bank loans and for construction.—V.
Oldest
The
to
each
named
any
$4,000,000
of
a
or
announcement,
product—Phillips'
among
stock.
first
ceremonies
The
amendment.
$7,500,000
said
stock
has been
by
SEC
common
the
will
filed
the
with
offer
New York,
series,
proceeds
be used
of
will
institutional
314%
to
underwriters
company
bonds,
The
the
offering
The
three
proposes
The
the
Feb.
112,436 shares ($1 par)
Company
of
filed
company
covering
.
Common
March
On
made.
169,
stock
the
1948,
larger than its sales of radio
m.Lv,.icUl
$5,000,000
4,976,686
154,198
income—
railway
in
The
share,
Textron; Incorporated—New Official of Unit—
1946
charge of the division, said
stickers, postage meter messages
Public Service Co.—Registers
Shares With SEC—To Sell Bonds
Privately—
of
Corporation, has commenced the
Arthur
1947
railway
railway—.—
from
538.
Southwestern
The
of
168, p. 950,
1948
from
Net
out
record
per
1949.
was
the
in
cents
of
cents
40
issued
Observing its
100th
anniversary
as
a
business.
Phillips Co. Division will take its centennial in
stride
1948
that
common
500,000
of
at
picture
will be
Railway tax accruals
Equip, rentals (net Dr)
Sterling Drug Inc.—Division Marks Centennial—
1949
1,
75
of
holders
to
director,—V.
Texas & Pacific Ry.—Results from
Corp.—Financing Plan Approved
Commission
dividend
1
of
share
per
a
meet
end
of
middle
plant
syi"*nia
tion
of
the
538.
p.
large
a
per
shares
Standard
Halfway
2548.
p.
the
common
36,347,788
Jan. 1 to Jan. 21
the
television
than
1934;
1,
company,
Gross Earnings—
—Week End. Jan. 21
1949
Gross
out
Net
$7
Nov.
aggregated
holdings
and
168,
Sylvania, which is one of the leading
field, has been enlarging its production
to
the
rate
the
of divi¬
dividend
payable quarterly at the
dividend shall be declared
stock.
$7
3,. three-
at
increase
volume
will
fered
Period—
that
could
At
the
Texas Mexican
application
and
that
dividends
the
on
special
March
March
$1
expansion
Texas & New Orleans
made
prior
before
annum
other
any
paid
dividend
Gross
383,053.658
91.551.060
out
it
as
at
customers.
Radio
Seeks Authorization
—
drilling
■
dividend
record
elected
television
equipment.
its
,
cumulative
Statcn Island Edison
5,921,952
414,175,291
the
fast
as
or>"-^flnn
Notes
Jan. 27 has
was announced
event
Co.
No.
wildcat
1
tract.—V.
a
payable
of
December—
'
proven
develop¬
the
drillstem tests indicated
acre
declared
been
pointed
in
lull
outstanding 34,054 shares of preferred stock, $7
to
share
per
upon
or
the
be
success.
quarterly
holders
has
newly-acquired
turn
From
Staten Island Rapid Transit
Ry.—Earnings-
2,815,224
20
stock,
usual
continuing
operations around
Oil
City
•
application of
of the hearing
an
declaration
the
in
the
the
annually, an
during the year, with Sylvania's Emporium, Pa.,
plant accounting for most of this output.
A further good increase is
indicated
for
this
year,
since the
company's Ottawa,
Ohio,
plant,
which
started
production in
December,
is
scheduled
to
reach
full
share.
383.
p
&
December—
1945
95,392,268
169,
granted
company,
stock
'
entitled
$7
declared
The
1946
2,416,691
35,556,509
Gas
Standard Power has
cumulative,
invite
458.081,279
income
,SV"/
(New Jersey)—$75,0C0,C00
authorizing
preferred
Standard
From Jan.
from
from
Net
Go.
holding
order
an
on
the
on
1—
Net
it
to
producing
eight-fold
Bank,
the
the
exploration, and
gas fields for the
Southern's
1947
1,104,214
of
V"'
'
''
that
will
■
„
538.
p.
railway
$36,247,442 $37,158,305 $30,184,782
$30,006,213
railway...—
4.392,403
6,517.927
*1,311,540
*7,390.867
from
Net
Standard
Bank
114.
p.
Oil
1949,
for.
169,
from
Net
announced
1
Jarvis
Mitchell
Net
Standard Power & Light Corp.
To Pay Preferred Dividend—
initial
source
1948
of
the California
borrowing of $75,000,000
investing
promissory
notes due on Feb. 1, 1979. Sale of the notes
privately at
101 was negotiated
by Morgan Stanley & Co.—V. 1G9.
pps.114, 383.
•Y^YiYi' VYvY;YY'Y-:Y-Y:
LYYLY^Y" pYYYY Y: Y
Co.—Earnings—■
December—
Gross
present
1
the
on
the
company's
Mr.
a
requirements
Jan.
2,598.000
of
Coastal
gaining
Inc.,
Co.,
National
group of insurance companies and other
institutions. The loan is in the form of 3%
current
Co.—Acquisition Approved—
needed
expenses
Airlines.
Edison
Chase
,
1
Sunray-Pacific No.
C.
Mitchell, President, states
issuance and sale of additional
the
the
Mu¬
a
Upon
The
company
has received SEC
authorization
to
acquire
up
to
one-half
(125.0C0
shares)
of the
initial
authorized common
capital
(250,000
shares
of
$1* pari
of
the
newly organized Coastal Pipe
Line Corp.
investigation
of
Pacific
lease
Petroleums
of
In
Sunray-Pacific-Redwater
the No.
special distribution of
manufacturers
net interest cost basis of about 2.95%.
transaction involves a
The
The
Southern Natural Gas
the
Pacific
width
step
director of Standard Brands,
a
completed negotiations for the long-term financing 1i)f its
acquisition of a 30% interest in the Arabian American
169, p. 538.
Co.—Weekly Output—
company
kwh„
week
The
Privately—Corrpany.it
Standard
Southern Colorado Power
Feb.
Standard
Placed
other
loss
the
is
today."
He
continued with the assertion that the
"slavery, is rapidly grow¬
ing and threatening the destruction of the productive
power, initiative
and
enterprising spirit which has characterized America."
He
con¬
cluded
American
and
pany for postponement from Feb.
Standard's plan for simplification
pro¬
operations
•
aids,
to
men's
that
the
and
still
for
31
increased
by
report
through
other
which
resulting
largely
expenditures
weeks,
Federal
SEC
from
stock¬
Jan.
conclusion
lew
a
^
sound prosperity.
annual
in
that
other
of
some
the
of
cost
to
released
the
a
the
forced
been
the
of
and
expenditures
level.
as
charged
housing
enable
that
well
letter
a
enjoying
was
have
communication
beware
to
production
distributed
as
at
were
arid
in
about
Mullendore
socialized
them
general,
circulation
will
and
plant,
conventional
President,
of
announced
which
development
Sierra
Slavery Threatens—
by "debilitating
government," he declared.
the
duction
in
pace
brought
of
the
Mullendore.
"feverish"
inflation
the
'
company, or business
The
in
"
away
W.
States
estimated
an
President Tells Stockholders
Breaking
Ifnited
the
of
involve
of
Co.,
Chairman
of
of
the
capital
and
April
additional
169, p. 538.
delphia Co.—V. 169,
a
authorizing the» construction of a hydroelectric project with an
installed capacity
of 115,000 h.p. on the San Joaquin River below
Big Creek Power Houea No. 3 in central California.
The
prnle'ct,
National
Oil
Calif.,
Committee
drill
to
Jan.
on
the
on
1949,
RFC
license
which
Angeles;
the
ne'xt
Reserve
Don
the
Standard Gas & Electric Co:—-Extension Granted^
quin River in Central California—
has
Los
Executive
i
168,
Issue
to
of
the
has been elected
director
a
V\
Payments
1947.—V.
Authorizing Hydroelectric Project
company
also
of
Traffic,
Sunray,
The
Sylvania Electric Products, Inc.—Sale
Common Stock Contemplated—
ivir.
Traffic,
in
southeast
potential
year, a
Porter M.
manufacturing divisions.
California, Southern California
The
License
The
of
member
a
is
of New York.—V.
p.2438.
.
and
He
Arabian-American
and an extra
Sanborn
Kemp
Board
.
quarters,
totaled
year
Nesbitt
1
three
&
tual Life Insurance Co.,
old
on' the
par
first
Alexander
holders
shares in 1948 received in addition to four regular quar¬
dividends of 50 cents each, extras of 50 cents per share in each
no
Chase
the
to
on
split-up
were
and
Jay C. Whitehair, formerly Manager of Procurement and
has
been elected
Vice-President in charge of
Procurement,
Margarine and Cheese operat:ons.
"
-
the
on
share
per
which
exchange
in
December.
March
$1.50
stocks,
Shaver, who joined the Fleischmann Co., a
predecessor com¬
of Standard Brands, Inc. in 1925, and whose entire career has
been in the
manufacturing branch of the company, has been elected
Vice-President in charge of production. He will be in
charge of the
of
Bank
Vice-Presidents; Etc.
pany
538.
p.
share has been declared
per
class
and
This
1.
class A
late
cents
of 25
class
six
of
effective
made
Boston,
& Gas Co.—25-Cent Cash Dividend—
March
value
par
be
Street,
cash dividend
$5
no
will
Water
40
1,
A
Arthur
Crown
acre
Redwater
directors
share
Feb.
to
Standard Brands, Inc.—Two New
the
of
moved
mile
a
gas
The
per
(
All
be
television
NOTE—In
at
180
mile.
Y%-'Y
Swift & Co.—Declares
Special Dividend of 75 Cents—
$1,271,640
$0.70
subsidiary.
end
Sunray
of
increases
success
one-half
i
$2,297,412-
883,701
new
least
30,000
of
Net.
expansion
securities
$10.53
exclusive
1948,
the
$2,174,915
Tax provision
shares'
taking
and
in
*1947
have
enterprise
No.
2, one-quarter mile east of the No. 1 success, and
distance west of the Anglo-Honic No. 2
producer. Another
same
will
payable
Sons
the daily potential is about
necessary when local storage
been completed for British-
regular production.
joint
feet and
Subs.)—
114.
Squibb
was
natural
24;774,933
5,996,353
well
Lake, has set casing at 2,900
*1,678,950
1948
ceding
•were
$1,549,600
498,619
under¬
and
$16.96
1945
1945
$2,167,114
Quarter Ended Sept. 30
SEC
without
share
per
with
the
of
a
The
at
the
arrangements
is
others.
Northwest of
1—
R.)
After cutback,
for
take
to
1
field
eights of
1946
but
No.
last
Shares, Inc.—Asset Value—
share
per
value,
at
1947
hours.
Redwater
rig
486,802
oper.
(E.
1948.
1945.
Total
of
$2,218,865
railway.___
railway
"'Adjusted
value
$11.76
ment
Earns, per com. share..
Selected American
market
667,151
254,397
$3,428,024
year
purposes.
Asset
405,040
214,401
[Including Wholly Owned Subsidiaries
capital
pari
539,022
1948
income
"'Deficit.—V. 169, p.
2,918,617
of
entire
and
Redwater
222,716
income—
Jan.
Net
8,789,771
14,081,982
in
1,994,582
the
Sedberry, Inc., Franklin, Tenn.—Files With SEC
$250,000
(no
13,187,842
capital
1,613,123
loaded,
Redwater
209,548
railway
railway
from
became
American Oil Co.
Ltd.,
1,925,925
27'/2
Temporary shutdown
540,167
from
Net
11.
p.
B.
The
for
936,898
1,088,559
deduction
funds -and
17,849
114.
oper.
From
10,889,771
t*2,780,237
—
sinking
18,560,628
9?0,148
income
"'Deficit,
1,391,898
ry.
Gross
taxes)
income
for
1,559,934
1,014,027
inc.
31,373
37,754
2,138,141
_
from
from
Net
income,
oper;
after
55,538
35,909
income
oper.
169, p.
Gross
Net
Net
.65,019
■
16,993
December—
1948—12 Mos.—1947
J
11,618,962
ry. oper. inc., bef.
Fed. income
taxes—
ry.
1945
$104,543
Spokane Portland & Seattle Ry—Earnings-
1943—Month—1947
revs
compared
as
railway
railway...
from
Earnings—
J"
Tot.
share,
per
1946
$152,557
1—
oil in
1,430 barrels.
1947
/
income
Monday, February 7, 1949
barrels of
$160,595
railway44,824
from
Net
$327,259
946.
p.
Seaboard Air Line
to
Gross
1947
$569,474
-
CHRONICLE
1948
Jan.
Net
u
FINANCIAL
$159,316
railway.—
oper.
From
1948
taxes
&
Spokane International RR.-Earnings—
.
Ernest
Manhattan Company,
COMMERCIAL
(Continued
for
the
on
Begins—
procedure
Board's
the
holding
Reserve
page
denounci
was
long-delayed
48)
anti-tru
company,
to
Board
and
hearii
Y
;
Number 4775
169
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(609)
Stock Record «» New York Stock
Exchange
MILT RANGE OF PRICES
WEEKLY VOLUME Of TRADING
YEARLY RANGE OF SUE PRICES
FOR EVERT LISTED ISSUE
Range for Previous
STOCKS
Year J 1)48
Highest
Lowest
t per share
f per share
t per share
Oct
76
Dec
2%
79%
Highest
69% Jan
Jan
100
$
per
Laboratories
Abbott
2% Jan
Jan
3% Jan
ACF-Brill
7
Motors
Dec
55%
44% Jan
46% Jan
20
14%
Feb
23% May
18
Jan
19% Jan
6
Adams
Dec
46 %
35
Jan
37
7
Adams-Millis
Jun
Jan
27%
Dec
41% July
23
7'/a
Feb
22%
16% Feb
Dec
108
14
Feb
65
65
Nov
Dec
4% May
44% Jan
75
May
64% Jan
34
May
23% Jan
3
100% Jan
Dec
100
Dec
109
May
90
Mar
96
7%
11%
Dec
xl71
Mar
16%
25%
Feb-
Mar
26%
7
Dec
77%Jan
3
26% Jan
3
28% Jan
3
Jan
3
Jan
31
43
89% Jan
3
103
34%
Dec
Jun
34% Jan
6%
Oct
10
Mar
68
43
Mar '
6% Jan
51
70
May
62 % Jan
19
14% May
43% May
10% Feb
4
111
Sep
92% May
10%
177
64% Feb
11% Jan
4
82
Jan
May
20% Feb
1
22% Jan
7
107% Jan
8
108% Feb
3
20
7
Aug
51
May
20 'A
Jun
22%
Jun
*15% Jan
5
94
Jun
79% Jan
18
43
Oct
37% Jan
3
40% Jan
Jan
3
102% Jan
29% Jan
3
31% Jan
15% Jan 20
7% May
Dec
1%
Sep
19
Jan
Jan
13% Jan
15% Jan
14%
Jun
6% Jan
77%
Jan
38% Jan
43 % May
Dec
7%
46
Jun
53
Feb
26% May
Dec
Jan
Jan
35% Jan
Jan
24% Jan
5% Jan
Jan
75% Jan
24
11% Jan
8
16% Jan
17
92
Feb
13%
Jan
19
Jun
Dec
Feb
26%
Jun
16% Jan
Jun
108
98
American
Ice
6
7
24
Ytar 1948
t per share
12'A Nov
72%
21% May
94% Jun
Dec
6
Dec
10% May
35
July
24% Mar
Dec
93
5%
Dec
29
8%
Feb
6%
Nov
69'A
Nov
Dec
11%
,
Lowest
Jun
95'% May
86'% May
16% May
3
13% Jan
3
79% Feb
3
To,i
a.
6% Jan
7
27% Feb
4
30% Jan
19
100
;v#
5% Jan 'f %
Oo-AJ
JUil
32% Feb
7% Jan
84
3
72% Jan
14
13% Feb
Jan
4
6%
Dec
12%
Jan
Feb
28
Oct
23 % Jan
4%%
75
1
Jan
7
173
7
Jan
7%
20
7
American
27
American
3
34% Jan
130
154% Jan
5
Dec
27
Apr
21 % Jan
'6
23
10 %
Dec
24%
Jan
10% Feb
3
115%
Nov
6%
*33%
90
Dec
Nov
Dec
76% Mar
x5%
Dec
51
Nov
30%
Feb
Jan
120
Jun
8%
Apr
56% July
104
Jun
112% July
8%
Sep
Jan
107
11
17'/8 Jan
4
143
Jan
60
Jan
135
Jan
17
3
118
10
3
6% Jan
7% Jan
26
34
Jan
3
38yaJan
Jan
7
90
Jan
76
Jan
80
Jan
8
Feb
4
35'A Jan
35% Jan
25% Jan
102
3
13
14
4
For
6% May
footnotes
Jun
see
page
4%
26
5%
5%
36%
*36
4%
*47,
26%
26
5%
*5%
10
Feb
3% Jan
27
Jan
■>
4
20
3
28% Jan
104
Jan
*11%
17%
17%
16%
*100
17%
16%
101
13%
13
*77%
80
6%
6%
*16
14%
*14%
14%
2
51
13%
6%
*28
*99%
1,900
36%
36%
37
37'a
37%
300
3%
1,900
4
49
26%
5%
76
12
12
*16%
16%
*100
17'a
17'a
100 %
*3%
*47
25%
*5%
*66
84%
85%
85%
74
74%
74%
13%
*171
13%
13%
*171
25
5%
11%
*16%
16%
100
12%
17%
Thursday
100
Feb. 4
Sales for
tho Week
S per share
13
13%
79
79%
*79%
6%
6%
6J%
28%
27'%
Sharet
79%
6%
v
*6%
28'A
28
*99y8
*02
6%
*6'A
33
6%
28
102
6%
33
*6%
*28
*991/8
13
102
*100
13'%
3,800
110
400
28
400
102
*6%
6%
*6'/8
6%
32%
32%
*32'%
323/4
600
8%
8'/a
8%
6,600
100
8%
8%
8%
85%
85%
85 %
84%
85
84%
85'%
1,700
74%
74%
74%
74'/a
74%
73
13%
13%
73%
13%
13%
13%
74'/4
13%
2,200
13,900
173
*171
173
*171
173
173
*171
7%
7%
7%
26%
*26'/4
26%
*39%
40
39'A
39%
39
40
40 %
40%
41%
41%
40'A
40%
54%
53%
54%
53%
54
x53'/4
53 Vz
52%
53%
50%
53
3,300
152
550
Building Co..
&
Steel
Foundries
54
*152
25
34%
100
*132
154
,
34%
134
,1
151%.
34%
*132
153
151%
34%
*34%
134
134
Water
151
35
34%
135
*132 %
152%
152
35
34%
27'A
27'/a
27%
27
27%
1,700
22%
22%
*22%
22%
22%
22%
22%
23
10%
11 Vb
1,100
1,700
*34%
*126
*17%
Co
100
147%
25
66
common—14
*143'/a
Inc
34%
*126
34%
17%
17%
147%
147%
66%
66'A
143 Vb
143%
59%
59%
59%
119%
119%
7%
7%
7%
7%
35'A
i;
35 %
35 %
17%
17%
147%
147%
148'/a
66 %
143
59%
119%
>
17%
147%
147%
66
10%
34%
126 %
17%
17%
143 %
10%
34%
126%
130
*118%
7 !
5
common—No par
35
130
59%
jy-
,
35%
*118%
66%
60
<67
143
10%
*34%
10%
10%
34
*126
128
100
*17%
18
18
18
900
147%
148
66%
142
60%
60%
60%
*118%
119 %
*118'%
66
119%
>
119
7%
36%
7%
36
7'/a
*7%
7%
36%
36%
36%
.
7%
92
*90
92
*90
92
*90
92
90
76
76
76
*75
80
*75
80
*73
6
6
Andes
*54%
54%
56%
6 Vb
6%
54%
55'A
6%
55%;
6%
6%
55%
55%
50
33%
33%
33%
34
33%
34 V8
33%
34'A
33%
33%
No par
33%
33%
33%
34
33%
34%
34%
34%
34%
Corp com__12.50
34%
*26%
26%
26%
27
27%
27%
*23%
preferred
Clayton
56%
No par
&
—
*103
54%
*54
lo
Corp
Xnc__
Archer-Danlels-Mldland
103%
*54
*20%
20%
*10
.21%
Copper Mining
A P W Products Co
103%
*26%
20
Co
Oil
27
5
No par
24.
—
-
*4
*29%
117
4%
30%
20'A
*10
*4%
30
*103
103%'
20%
11
4%
30 Vb
103%
54
55
'
20%
•
*103
54
20%
*10
*4%
30
11
5,000
400
3,200
119
35'/a
76
*54%
13,400
30
n
*89
25
147%
142
60%
60
79%
*5%
800
66%
141%
92%
5%
34%
147%
67%
143
*76
5%
10%
35
128
*126
59%
119'A
7%
35
128
142%
67
143%
35%
4j".-
*34'A
*126
*89
Anderson,
10
27%
—•
Anderson-Prichard
600
135
27%
100
Anchor Hock Glass
35
*132%
135
27
common
Woolen
preferred
152%
27%
—5
Co
35
500
480
27%
100
Works
.
*132%
1,600
27%
Tobacco-
Viscose Corp
151
35
7%
26
27'A
No par
Sumatra
153
134
IVb
X26
No par
$5 prior conv preferred-
'
5,300
7Y8
Anaconda Copper Mining
Anaconda Wire & Cable
12
100
17'/a
101
Priday
Feb. 3
9 per share
100
$4
17%
16%
*98
1,756
12
*16%
17%
400
76
11%
100
7,200
5%
*66
$4 conv prior preference—-No par
Zinc Lead & Smelt com
1
7
25%
5'a
76
13%
8
13%
25%
48%
79
8
74%
3%
*47
13%
8%
85%
4%
49
PRICES
Wednesday
33
13%
4,000
2,000
79
33
74%
1,600
53%
7%
13%
6%
*85%
51%
80
32%
6%
53
100
'
7%
I per share
*77%
2
*1%
46'a
Feb. %
13
173
50
2
46'a
f per share
102
1%
600
1,800
7%
Feb. 1
8
Amer
13
5
16%
45%
*5%
17
*6'A
173
%
14%
*7%
25%
17%
32%
8
16
14%
1,300
44%
AND HIGH SALE
80
30%
*5'/a
5%
17 /
*66
Tuesday
per share
$
29%
5%
7%
4
101
*100
31'a
*5%
44'%
*47-
12
17%
1,000
*36
26%
5%
12%
31
10 i
102%
26%
55% Jan 27
4% Jan
7'A
4%
*)17/b
5%
102
7,900
7%
23% Jan
30% Jan; 28
50%
49
*16%
102%
200
>
39%
43
76
8
preferred
7%
7
10% Jan
1%
7%
12 %
*102
38%
17
14%
49
17%
85%
31%
*16
2
*66
com—No par
No par
*171
17
76
*85
39%
.
10
300
17V>
85
39
5%
14%
*66
*99%
100
3i
*16%
85
39'%
102'%
*102
36%
4)
49
102
17
85%
38 %
56%
7%
47*
33
—
t*85
•
3,100
26%
American
8
Feb
34%
Am
7
4
33
Jan
Dec
*47
51
7%
102
preferred
5%
4
33% Jan
53% Jan
Nov
*36
57%
51;
*32
par
>♦16%
39%
1,700
.No par
Refg common—No par
preferred
f
100
6%
7
Jun
4
36%
4%
1%
Jan. 31
*6%
16%
85%
21%
108 %
7%
American
7
90
Jun
24
7%
50%
14%:
No par
American Tobacco
7
Apr
57
7%
50
*16%
2
*99
,
3
119% Jan
36%
14
*1%
17
No par
San'y com—No
American Tel & Tel
3
Jan
*16%
14%
28'A
—
7
17
'16%
21
26%
American
24
60%
Mar
2
100
5
Jan
<
15%
40%
*15%
5 %
t per share
1
200
41
15%
5 %
11%
63
49%
16
5%
11%
67% Feb
40%
*15%
i
■
30%
American.Sugar Refg common—.100
7% preferred
100
145
40%
16
40%
30%
10
Jan
28
18%
8
.
3 .7
; >59% Jan
41
*85
22%.
150% Jan
*108'/b
101 %
22%
126% Jan 17
18
Jan
6
21%
108 %
31
23%
_
2,700
-
20%
V"
Monday
*6%
80
108 %
101
31
11 %
24
Jun
16%
Batnrdsy
*77%
80
21%
IOO'/b
10i
*13
81%
*80
108%
101
76
par
30%
20%
387/b
26%
*17%
3,000
-210
30
*108%
39
49;
*100
90%
175
31
.
20 %
85%
37% Jan
3
123% Jan
46% Mar'
Feb
1
81%
3%
108 %
38%
22%
6% Jan
Jan
1
*80
a
20%
*84
57%
5%
81%
31
'
11 %
57% Jan
41% May
45% Jun
1
31
39
14%
26
200
*108 Vb
.
16%
*16%
*47
21
85%
15%
4%
103
89%
174 %
40
17%
1
89%
175%
30%
*15
*16%
*36
89%
175'%
40%
*14%
7%
88%
176%
16%
40c
49
88%
175 %
40
30 %
56
*102
89
*15%
16%
30'/a
2
103%
178
30%
108%
22%
3
38 %
*100
*20
*108 %
American Stove Co
14
Feb
20%
108 %
American Stores Co———No par
52% Jan
Oct
20%
38%
*102
"
*108%
:
103
103
87%
6%
'
12Q
•
*80
13
.5% Jan
30
98
x34
Jan 26
Jun
25%
81
6%
Co__
35
*176%
12 % Jan
May
67
81
29
American
21
Mar
83
87%
176
*28
7
28
71% July
30%
*81
No par
Jan
4
68'%
30%
5%
American Snuff Co com
6% non-cum preferred
26'A Jan
144
87
176
30'A
com_No par
1
Jun
Feb
87%
177"A
30
Jan. 29
Feb
35'%
Oct
*103
34%
7'/a
Smelt
7%
10
36% Jan 18
Nov
46%
2,800
5%
of 111
134
!.;*$
Jan
25%
54% Mar
34%
34%
26%
Amer Ship
131
34%
34%
7%
Am
158%. Jun
34%
34%
26%
7
147% Mai-
200
34%
34%
7%
3
41
May
131% July
20% May
10%
26%
41% Feb
Feb
10%
7 '/a
56% Jan
Dec
10%
*26'A
7
34'%
*10%
.5
4
16%
10%
*10%
No par
50% Feb
150% Jan
116% Mar
*10%
11
87
1
Safety Razor
Seating Co
38% Jan
Jan
11
*10%
*176
.
50
Ltd
preferred
7% Jan
26% Jan
0
Apr
35% May
64%
*5%
.
preferred
Amer Rad & St
May
140
64%
LOW
preferred
$5
27
14% Jan
$6
68
Nov
66 %
2,600
100
Molasses
46
Mar
*64%
15,200
1
Fdy Co com—_No
preferred
American
Feb
31
66 %
No par
common
American News Co
Amer Power & Light
Sep
125
*64%
3%
STOCK
American Metal Co
46%
Jun
64%
8%
*84
preferred
38
163%
500
64%
3%
__10
com
Amer Machine & Metals
Jan 27
85% Feb
6% Jan
16%
3.90%
8% Jan 20
13
170
Amer Mach &
6% Jan 22
x34'
Jan
3
3
Jan
Nov
Mar
1,600
21%
8'/8
8%
Par
8
Jan
ftl',
Feb
139
59%
21%
64'a
3%
16%
$ per share
76
12%
Jan
59
22%
8%
EXCHANGE
12% Jan
162%
176
60 %
*21%
8%
8%
3%
100
NEW YORK
Highest
I per share
Jan
35
Feb
80 '/a
Dec
98
59%
22%
STOCKS
Highest
I per share
60
22
:,
8%
41
preferred
Since Jan. 1
>|it;:;>>Rahge
,
27,700
59%
22
9
American
Range for Previous
Lowest
8%
59
22
3%
__No par
Locomotive
8%
59
8%
187/b Jan 20
1%
'
8%
59%
21%
3%
12 %
20
700
3%
*16%
Jan
38%
9
American Investment
102
12
38%
103
*40%
Products
Co
200
1,700
39
*38
95
3%
*66
7
800
43
94 a:
9
103%
20
com
8%
38%
3%
43
96'A
103
6% non-cum preferred
100
American International Corp_No par
12% Jan
,34%
*16%
preferredCo
38
3 Vb
3%
47
96
9%
17% Jan 24
3
Jan
Jan
3%
*43
96%
3%
No par
Home
conv
3
47
96%
600
300
103 Vb
No par
6%
3
*43
80%
28
9
No par
10
American
26
L
*15%
Co
& Leather
*27%
3%
$7 2nd preferred A
American Hide
80%
28%
3%
10'j
American Hawaiian SS COj
81%
28%
9%
$6
37% Feb
4;
4% Jan 20
47% Jan 27
*80%
7,800 '■
64%
.10
com
preferred
8%
81%
27%
26%
*21%
59
10
preferred
8%
27%
4,000
89
8%
Encaustic Tilings.
$7
8 Vb
27%
28%
81
i
2,100
27%
28 %
*27%
3%
26%
27%
*87'a
.
3%
Amer & Foreign Power com__No par
31i
75 Vb Jan
*103
preferred series A_100
26% Jan
'
3% Jan
47
Jan
*3
700
26%
27%
89
1,600
•
17%
1
com
Distilling
3%
27%
27%
*87
100
8
187
17%
1
No par
American
7% Jan 29.
8%
*34%
25
American European Secur
American Export Lines Inc
57% Jan 31
51
8% May
Dec
10%
16%
44
conv
28%
38%
11
prior preferred
3%%
81%
*27%
38%
*10%
Co
Co
*81
28
39
No par
Cyanamld
81 %
185
18%
*26%
89
*7%
187%
103%
103
28
103
;>>
ya
6
*54%
7%
1,600
36%
90
*,
5,700
79
6%
100
400
5,600
•
56'/4
130
33
1
33%
15,100
33'%
34'A
1,350
27%
1,900
27%
*103
104%
50
*53%
•
541%
*53%
54%
*53'A
54%
100
20%
20%
20 y0
20%
19%
20'%
5,600
10
10
*10
11
*10
11
4%
*4'/a
4%
*4 Vb
4%
30%
*29%
29%
29%
29%
<•
98
*93
8%
*7%
18%
27%
27%
98
187
28
27%
27%
38%
1
Inc
American
2% Jan 10
15% Jun
79
95%
1% Jan
Jan
2074
4% %
American
81%
27%
97
,65
Co
Sugar
27 %
47
*64%
Corp—
Colortype
8%
1-8%
*87 %
27%
*92%
186%
18 Vb
27%
89
96%
8 Vs
Cable^—No par
Crystal
*7%
*
27%
*43%
No par
preferred
Chicle
26%
27%
*87%
98
185%
18%
43
21%
100
American
22
6
non-cum
8%
185%
18%
98
59
common
American
17
Apr
4% May
89% Jan
Dec
5%
6
17% Jan
Co
*8
184%
43
21%
preferred
American
22
Jan
Dec
5%
85% Jan
5
Nov
3%
•
Can
300
*38
100
Co
101%
97 %,
50
com__
preferred
Broadcasting
American Chain &
44% Jan
7
16
Jan 25
17
Jan
8
16
Dec
6'/8
31
Co
101%
99
—
7
Jan
Shoe
101 %
47
59
conv
7%
12
40
Brake
*100%
*92 %
28
10
'
_
101%
98
*98%
100
common
1,800
*100%
27 Vb
*38%
2,500
.
G7
101 %
*43
par
47%
*b3
*100%
90
3%
67
25%
27%
3%
47%
47%
7,800
'
50
2%
25 %
27%
V
1,000
2%
2%
*64
2,900
14
66%
25%
8
26%
28
14
*65
47%
67
5,700
25%
*92%
27%
81 %
14%
2%
47%
*64
3%
3%
66%
14'%
*65
2%
47%
67
3%
25%
18%
*86
2%
3%
*
20%
105
25%
185
*18%
90
*80%
American Car & Fdry com—No par
7%
preferred L
-100
7
99
13%
preferred
27%
3%
20 %
*100%
3%
200
1,900
5,600
25%
98
8
27%
28
21
105
40
25%
100% *
185
8%
18%
27%
1
preferred
100%
47%
*64
25
*92%
2%
47%
/67iiv£.:
25
98
2%
47%
47%
*65
27%
50
common
conv
47%
185
*86
20%
66%
27 %
par
No par
Chemlcal.No
Airlines
American
11
Jan
*65
27%
par'
com—1
Co
American Bosch Corp class A
91% Jan 17
66%
2%
*37
39
*100%
14%
*65
18%
No par
Corp
Amer Cable & Radio
33% Jan
*8
185
preferred
American
-77% Jan
Oct
Leather
Petroleum
7
Jan
19%
conv
3
177
*14 %
65
2%
100%
Mfg coramon.No par
preferred
,__100
3% Jan
4
14%
65
2%
*92%
100
10% Jan
3
*14%
67
100%
No
3
Jan
14%
No par
1
26
Jan
81
14%
gtd—100
5
105
3%
25%
No par
*37
21%
*100%
3%
,
67
Dye
21%
105
*3%
*24%
Corp coinmon__No
cum
47'A
20%
*100%
3%
*65
Co
Agricultural
6%
4%
28
Jan
Chemical &
Kid
2%
20%
105
3%
14%
par
preferred
conv
convertible
Amer
Jan
49% May
1
preferred
10
Jan
Feb
*65
—100
100
preferred_No par
conv
7% Jan
3
:
Jan
30
25
*14'/2
Industries Inc
Jan 11
173
107 % Jun
3%
5
-35
110
14Va Mai-
prior
3%%
20%
*100%
•
3%
common
104
100 %
Dec
Ry_——100; f *100% 105
Minings—10
4
Jun
Feb
No par
Gold
■
'
Inc
American
6
Jun
27
Inc
VicksJ/urg
American Bank Note
1
49%
33% Feb
35%
20%
&
Juneau
3
Dec
94%
37
20%
Reduction
Amer
7
Dec
42
17 %
6%
3
Jan
Dec
5
29%
16%
Amalgamated
19
is' 24
Dec
81
29%
17%
Amerada
20
Jan
14%
29%
17
32% Jan
6% Jun
Feb
•^15V-':
29%
17%
102% Jan
Jun
Dec
%
29%
17%
20%
3%%
6
Jan
8% Jan
3
6%
38
*29%
17%
Alpha Portland Cement—
Jan 31
60% Feb
4
20% Jan
3
104
29%
17
Allis-Chalmers
40% Jan 25
3
Jan
29% July
18% Mar
29%
17%
4%
22
3% Jan
3
52%
Nov
29%
17
Allied Stores
81% Jan 31
Oct
Jan
74
29%
17%;.
Corp
Allied Mills Co Inc
6
Jun
.
6% May
Nov
29%
17
$4.50
7
Jan
May
28 Vj
29%
26
50
76%
163% Oct
38%
28% Jan
121
«
*36%
Allied
Feb
Dec
38%
Allied
Nov
Nov
*36%
Allen
44
31%
36%
1
83%
103
36 %
10
28% Jan
31%
9% Mar
35 %
24
3
98
Nov
35 %
3,400
8% Jan
26
Nov
18% Mar
58% Feb1
600
No par
18%
18% Feb
42 Vb May
Dec
47
45%
18%
$2.50
20
Nov
45%
18%
188% Jan
Jan
73
3%
46%
5
28% Jan
2,100
3
18%
3
90
2,300
2%.
46'a
' 3
3
3
18%
17% Jan
8
*2%
46%
178% Jan
28
3
18 %
Allegheny & West Ry 6%
27
•
46%
Allegheny Ludlum Steel Corp_No
18
Jan
x25
■
3
25
25% Jan
3
18%
4%%
preferred
Allegheny Corp common
5%%
preferred A__
83% Jan
3
80
*70
46
6
Jun
3
80
18%
Jan
91
3
*2%
3
Shares
73%
72%
75
73%
*70
46
10
34% May
37% May
Dec
25
81
80
18%
Jan
Jun
21%
75
*70
74%
46%
May
198
Dec
75
80
18%
Jan
Jan
74
*70
46 %
Aldens
102
11
7380
the Week
18%
Admiral
Apr
8
73
*70
Sales for
Feb. 4
S per share
46%
11
Jan
73
80
Friday
Feb. 3
9 per share
18%
Jan
65
*46
Thursday
Feb. 2
t per share
1
Alaska
27% Jan
*2%
10
Jan" 11T
47% Feb
24
23%
Co
2% Jan
3
65% Dec
2.50
66
3
*70
Wednesday
Feb. I
S oershare
t per share
Air
6
3%
17
Oct
58%
Jan
2% Jan
Co__
15
4
21% May
80% Jun
3
72%
No par
Express Co
Alabama
Jan
t per ehare
No par
Tuesday
Jan. 31
Addressograph-Multigraph Corp__lo
Corp
1
26
22% Jan 21
3
3
Dec
Feb
Jan
19% Jan
Steel
Acme
May
13%
37
30
4% May
NOV
2%
Jan
18% Jan
277/b May
Nov
2%
Dec
Jan
Monday
Jan. 29
Abraham & Straus
35
99
Saturday
Par
44%
xl8%
LOW AND HIGH SALE PRICES
STOCK
share
75% Jan 25
5
YORK
EXCHANGE
'
-
May
6%
Dec
NEW
Range Since Jan. 1
Lowest
63%
13
*4
29%
100
4y»
29%
1,700
11
COMMERCIAL
THE
(610)
Range Since Jan. 1
Year 1048
I per share
Lowest
Highest
I per share
Nov
89
Dec
6%
Dec
Jan
3
27% Jan
90
Jan
4
95
6% Jan
3
26
4%%
Feb
Jan
106
Par
73
Jan
ll
Dec
41%
Feb
56%
Jun
46%
dan
2d
Jan
99 %
Jun
97
Jan
5
99% Feb
103
Nov
13%
Dec
11%
18%
17%
Dec
12% Mar
17
19
15% Jan
Arnold
3
13% Jan
Artloom
Aug
4
17
98
Dec
111
May
87%
Dec
106
July
93
Jan
35
Jun
103
Constable
100%
995/8
100 3/a
100*
100%
102%
102%
102%
*101%
103 y2
*1023/4
103%
1023/4
13%
*13%
13%
13%
13'%
,133/8
13%
13%
13%
1,500
RR—__No par
43%
43%
*43%
43%
43%
43%
433/8
433/4
43%
43%
43
43%
1,000
Lines common—1
*53%
55%
*53%
55%
*54
55%
*53%
55%
*53%
*80
80%
*78
80
*77%
80
*76
Atlantic
Coast
Jan
5
Atl G &
W
102
Feb
33% Feb
114
Jan
Jan
5%
I SS
4
99
943/4 Jan
6
98 % Jan
17
Preferred
Nov
25% May
20
4
2o */4 oan
24
64 %
Apr
54
Jan
28
58
Jan
3
Jan
102
Jan
27
106
Jan
7
19% Jan
13
20% Jan
4
48%
Aug
99
Sep
20
Oct
114
24%
Jan
Jan
4%
Dec
May
4% Jan
15
53/4 Jan
Nov
16 % May
13% Jan
8
14 % Jan
Dec
19
Jan
63/8 Jan
3
Jan
24
Nov
19%
Jan
113/4 Jan
•5
14% Feb
4
Xll
9 Va
8
Conv
Automatic
7% Jan im
4%
Feb
Oct
63/4 Jan
3
353/4
Jan
46
Jun
41% Feb
1
445/8 jan
13%
Feb
I6V2
Jun
133/4 Jan
3
14% Jan
15
Avco
10
7%
Co
*1073/4
108%
108
*97%
975/8
97%
213/4
21%
21%
*53%
54%
54%
100
*102
22
No par
*5
5c
Amer—5
of
*13
400
'
■
55%
•
80
•
13,800
34%
108 %
109
97%
97%
97%
97%
97%
97%
97%
973/4
390
22
22»/8
22f%
22%
22 Va
22%
21%
22 Va
3,100
54%
,
54%
55
55
54%
55
*53%
54%
102%
*102
*102
*20
5
5%
'
102
22
-5%
*13%
14%
13%
13%
7%
7%
7%
*7%
7%
*13V4
13%
13%
133/4
C -%
6%
42%
41%
41%
;;
13%
5
'13%
6%
*13
42%
*41
*14
143/s
11%
*14
14%
*14%
14%
11%
11%
11%
11%
11%
10
10%
10
10%
10
10%
20%
20%
20%
20%
20%
22%;
223/4
-6%
.
7
6%
•'
:
14
5%
-6%
A
7'
-
■
:
•
5Va
500
.
.
;
133/4
7
400
~
800
7
••
2,200
-14%
•V 14%
14%
60
7:
21%
13%.
7%
7%
290
102
*20
5%
*135/o
.
-
14 Y"
*5y8
5Vft
14%
*100%
22
450
109 y2
109
.
102
*20
1023/4
*20
22
*41%
Corp (The) common—3
preferred
No par
109%
3,900
103
333/8
353%
3o
1,800
V
100 y4
:
99
99%:
995/s
V
300,
■^yvy
108 y2
6%
conv
32
109%
109
22
6%
973/4
32
30%
103
7%
973/,
32%
35%
*102
*5
7
98%
363/4
36%
,
108%
*13.%:
14%
7
—
Co
5%
*13%
No par
—
.
•
Y
35
*20
V
103
*20
*97%
323/8
55%
:
103
102
'
5.400
13 Va
13
13%
102
32%
98%
32%
80
54%
_No par
*97%
*78
21%
-No par
13%
101 %
98%
*54
97%
($1.20)
—
Canteen
Mfg
$2.25
37
36
13%
101%
32%
32
,
13%
100%
13%
101
*97%
•
36%
common
prior pfd
Autocar
13%
*100%
100
common,—
Nichols
Austin
24
63/8
13%
35%
B
preferred
Corp
conv
Atlas Tack
12
43/4
123/4
series
$3.75
11%
102
5
Atlas Corp
Atlas Powder
Jun
•81
*80
non-cum
Feb
91
X193/4
Line
preferred
100
Atlantic Refining commoh—— 25
4%
conv
preferred series A__100
5%
7
109 % Feb
4
107
May
39
4
201
13%
7
50 Va July
y
99%
Jan
Feb
\
*101%
47
30
400
12%
13%
A T F Iric
25
15
*11%
102%
7
•
*14%
12%
101%
Jan
60
15
*11%
:v.
13'/a
24
15
8.t % jan
*14%
12%
*101%
7
103 % Jan
15
15
*11 %
*100%
105% Jan
3
17
14
*14%
10
3
13 Va Jan
Jan
15
11%
Y110
".;///
110
Topeka & Santa Fe com__100
non-cum
preferred
100
Atch
98% Jan
101 % Jan
Feb
1093/4
*14%
2,300
463/4
993/4
99%
1093/4
110%
98%
Sep
J an
x463/4
99
99
110
32
Jun
80
109%
98%
Jun
43
15
12%
47%
47%
98 •%
109%
98%:
99%
80 J
75
32
19%
55'
109.%
74%
98%
1205/a
Dec
■
*14%
*11%
15
12%
75 J/4
31%
Goods
Investment
107 Va
Dec
*98%
*109%
75%
47%
47
47%.' '
47%
99%
7%
31%
Associates
Dec
July
47%
.
^2
109
73/8
753/4
*75
76%
*75
7%
*97%
2
Feb
62
10,700
7%
7%
7%
Co—___—10
7%
27
64 %
400
7%
7%
13%
32% Feb
81
94%
101%
98% Jan
Jan
26%
94
13%
Mai-
Dec
47%
109%::
25%
95
75
*98%
*14%
26%
95
101%.
3
Sep
*109%
par
26 3/a
94%
7%
75
99
26%
94
13%
11
66
47%
98%
8,500
26%
94
*100%
Jan
2 5 S/8
*46%
par
7%
26%
93
No par
Dry
preferred
2nd preferred
96
44%
76%
5
Carpet Co Inc
31% Jan
4
*74%
par
Corp__
1st
84
13%
7%
Shares
S per share
I per share
share
26%
93%
common—1
100
100
6%
21
7%
$ per
$ per share
26%'
92%.
*11%
Associated
Jan
com
preferred conv
$4
13% Jan
12 % Jan
98% Jan
26
110% Jan
Co
26%
par
No
No
No
—No
1
26%
93%
Feb. 2
Feb. I
t per share
share
26%
*93
5
com
preferred
Jan
May
19
$3.75
11% Jan
Jun
Illinois
of
Cork
Armstrong
14% Jan
109
115% July
Co
$6 conv prior preferred-
49.% Jan
88
&
J pet
10
100
Corp com
preferred
conv
Armour
77% Jan
68V2
Steel
Armco
7% Jan
15% May
Jan. 31
PRICES
Wednesday
Tuesday
Monday
Jan.29
$ per share
I per share
24
Jun
101%
Saturday
EXCHANGE
Monday, February 7, 1949
HIGH SALE
AND
LOW
STOCK
YORK
NEW
Highest
Oct
32%
CHRONICLE
FINANCIAL
STOCKS
Range for Previous
Lowest
23%
&
'.
7
6%
•300
415/3
•
41%
11,900
<
*41%
42%
143/o
14%
14%
14
14
12
11%'
11%
11%
11%
7,000
9%
10%
9%
9%
16,700
8,500
*41%
42%
14
11%
10%
10%
IB
Dec
11 y8
Mar
10
•
17%
Babbitt
12% Jail
7
9% Feb y.4Y
ll3/a Jan
7
Baltimore
4
11% Feb
Jun
16% July
&
20%
213/4
21
21%
22%
23
23%
23%
24
23%
23%
68
*67
68
68
68
69
69
69%
70
(Delaware)-.
10
43
43
*43
44%
*43
44%
44
44 Y
44%
Brothers
common
10
19%
*19%
20
*19%
20
44%
20 r
preferred
•_
—50
39
*37%
39
Corp
—1
Jun
21
Jan
"3
25
Jan
60
Feb
May
; 67
Jan
17
70
Feb
Conv
40%
Nov
59
May
43
Jan
29
47% Jan
Barber
Oil
Dec
28%
Jun
19% Jan
31
21% Jan
Barker
36%
Nov
45
Jun
37
Jan
11
;
Feb
451/4
Dec
44% Jan
28
10% Jan
3
X20
31
Nov
9
16 y2 Mar
15%
Dec
23V2
303/4
Dec
80%
Sep
223/4 May
Dec
69
Jan
32
Jan
4%
Bangor
7
■
non-cum
&
5%
preferredCorp
Feb
3
Jan
lu
Barnsdall
.7
Bath
■
Oil
173/4 Jan
Bayuk
Beatrice
91
13
Jan
Cigars
3
10% Jan
4
Co
Beech
Aircraft
Beech
Creek
Apr
31
Jan
13
32 % Feb
'4
34
Jan
17
36% Jan
10
Corp
14%
Feb
20% May
14% Jan
Nov
193/4 Mar
11% Feb
4
13 V* Jan : 12
14 5/8
Dec
24y4
Jap
14% Jan
28
16 y4 Jan
8
Bell
90%
Dec
103 y2
Jun
92 Va Jan
8
92 Va Jan
8
383/a
Dec
863/4
Dec
Feb
Jun
Feb
25
6
37 l/2 May
9
7
Bendix
Ja,n
5
Beneficial
4
77
Jan
21
Jan
5
97
Jan
21
4
263/4 Jan
Jan
4
30% Jan
(
393/4
Oct
31% Jan
3
July
132% Jan
4
143/4
26% Jan
26%
Dec
Feb
xl3
93/4
$ per
143/4
Bethlehem
Foods
15%
Bliss
&
Apr
373/4 May
23 % Jan
3
27
Jan
18
Bohn
Dec
96
24
64
Jan
12
Bon
Jan
30%
Dec
51
Jan
23% Feb
>4
32% Jan
5
16%
Dec
27% May
163/a Jan
5
17% Jan
7
39 % Jan '-.S3;
41% Jan
26
42%
Feb
66 % July
50
Jan
26
54
Jan
7
87%
Nov
96
May
95
Feb Y4
.95
Feb
4
5% May
2
2% Jan
13
3
Jan
32% Jan-27
35
—
Jan
8
Class
Borden
'*95%
*95%
Roller
6% Jan
3
8% Jan
19
Braniff
5
46 % Jan
12
Brewing Corp
25%
28%
_No par
*27
_No par
*10%
32%
-y::
27%
10%
33
:
27%
*10
10%
8% Jan
7
Bridgeport
32
Jan
7
Jan
10
253/4
Nov
373%
Jun
30'% Jan
3
:33
Jan
6
Jan
14
100
Jan
18
24% Feb
3
Oct
101%
Apr
98
15% Mar
23%
Sep
18% Jan
3
Jan
'3
9
Dec
12% July
Feb
33% Aug
30% Jan
Feb
95
Jan
6
10% Jan? 21
20
99
v
Aug
19 % Jan
NOV
313% Jan
;95
5
21
Jan
Feb
10
6
1
Brass
Co
Shoe
$3.60
Co
32%
31%
*136%
136%
136%
28'%
"28%
29%
10%
10%
10%
10
*10
10%
15
Nov
11% May
Thursday
Wednesday
10
3
121
$ per
1 per share
share
28%
13%
13%
1,900
10%
10%
10%
*10%
10%
*10%
10 V'2
10%
10 3/a
1,100
*12%
13%
*12%
13%'
*12%
13%
*12%
*38
41
*38
41
*39
41
*39
22
22
26%
59%
*32%
34
*32%
7%
7%
7%
7%
7%
*32
38
*
7%
17 Va
17
17 Va
3,200
40 %
40%
403/4
40
40%
4,300
51%
52%
,: 40 Va
51
25%
17%
51%
%
2%
17%
25
50%
50
603
17%
26
40%
*95
24%
59
40%
2%
23%
60
403/«
97 %
24%
26%
59%'
40%
50%
*2%
24%
26%
59%
17%
40%
1,400
58%
26%
59
17%
40%
26
58%
26%
60%
17%
*95
26
59
26%
26 %
*50%
3,100
26%
21%
17
*25%
21%
21%
17
17
21%
*26
50%
97
<95
97
*£5
97
i
2%
2%
*2Ve
*33%
34
34%
34 3/8
34%
■T""
7%
39
*85
2 %
2%
73/4
*32
7%
■>:
73/4
99
8
8
*32
38
*29%
30%
30
30
30%
30
30 V4
28%
28%
28%,
28
28%
28
30%
31
31%
31%
32
31%
31%
31
*100
102
*100
23%
23%
23
10%
10%
10%
*303%
31%
*96
97
303/4
*96
*100
102
102
23%
22%
10%
* 102'
23
10%
233/8
10%
31%
10%
303/4
*30%
31%
•31
97
*96
97
*96
97
21
*20%
31%
■15%
15%
15%
5
100
15%
■
Jan
13
Buffalo Forge Co._
90% Jan
24
Buff Niag
3
14% Jan
20
Bullard
31
Jun
12% Jan
29%
Feb
16%
Dec
24%
'
33% Jan
-
Jan
11
18% Jan
7
36
4
•
17% Feb
Jun
4
Mar
97
Jun
88
Jan
5
90
Jan
21
72%
Dec
100
Jun
76
Jan
7
.77% Jan
25
77
Apr
88
Jan
173/4
Jun
81
12%
7%
Feb
Nov
Mar
79
Dec
15%
Jan
2% Mar
16
Mar
Jan
5
Dec
8V4 May
1% Jan
Butler Bros
Feb
2
8
preferred L.
—
& Zinc
Byers Co (A M) common
;4%%
26
California Packing common—No par
22
/ 1% Jan
3
7
7%
5%
50
preferred
Zinc-Lead
Callahan
Calumet
&
Hecla
6
22% Jan
10
3
12% Feo
4
15%
Jun
104% Jan
5
108% Jan
24
May
37% Jan
3
39% Jan
18
Canada
16% Jan
8
17% Jan
24
Canadian
Breweries Ltd
Canadian
Pacific Ry
;
101%
Nov
119
37%
Dec
44
xl9V4 May
10
Mar
19 V8 May
13 % Jan
3
14% Jan
7
Mar
473/4
40 y4 Jan
5
45
Jan
24
page
24.
$4.25
conv
Cannon
69%
*3is/e
*122
123
;
400
600
15%
15%
3,400
69%
*31
20
9
13,900
70
8%
?/
v
122
122
9
210
:
*69
-
300
313/4
90%
313/4
31%
31
313/8
*89V2
90%
89%
89%
90
90
13%
13%
13
13%
35%
35%
34%
35%
600
173/4
7,000
323/4
500
"
*14
35%
14%
13%
13%
13%
13%
35%
*34%
35%
343/4
34%
17 3/4
18%
183%
18 3/a
18%
x
*88%
89%
*88%
89%
*87 %
*77
78%
*77
78%
*75%
80
*75%
80
14%
14%
8%
V 8%
114
*113
*83%
80
8%
80
14%
8%
*113
8%
*78%
•
*87%
89
77
*76%
80
*75
80
14 3/a
8
114
*'•{
8%
8%
*79
81
14%
14%
8%
8%,,
t
116
114
8%
8%
81
81
*25
26
*24%
25%
35%
35%
*52%
l3/a
54
1%
82
.
25
35%
35%
*523/8
53%
*523/8
*1%
13/4
1%'
1%
5%
5%
10
5
5%
5
21%
19
21
4
5,600
1,700
123/4
12%
12%
13,200
107%
21%
215/s
•'
113/4
113/4
12%
1*%
*1C7
*105
107
106%
107
*38
39
*38%
39
17 3/4
*17%
173/4
*173/8
18
133/a
13%
13%
13%
13%
13%
13%
133/a
No par
*42%
44
44
44
43%
43%
*43%
433/4
60
700
25
5
213/4
39
24%)
2,300
5%
107
103%
1%
11%
*37%
800
800
*1023/4
103%
22%
54%
21%
*17%
120
3%
35%
5%
*105
4,500
81
1%
113/a
18%
2,900
*90
8%
35%
22%
39
4,800
8%
*52%
5%
107
14%
121
1%
11%
*37%
:
22%
23
55
*21%
*17%
100
•
3%
3%
3534
5%
Y-'
79
'
80
1%
11%
*105
83
*53
Y',
22%
—-100
8%
*35%
54
8%
121
25%
11%
5
8%
*25
35%
35%
;
"
*81
24%
103%
1%
9
25%
*102%
54
8%
25%
104
35%
9%
14%
120
1023/8
*103
1%
14%
8%
113%
r'
103%
233/a
54
8%
*1023/8
*223/4
35%
14%
117%
103%
233/4
104
80 >y
*22 y2
23%
233%
*75
23%
24
*3
3%
•
*75% .77%
23%
3%
89
*75
3%
3%
3%
17%
*88
-
1,400
*76% .,78%
■
143/s
33%
3%
3%
18
89
78
*76 3/8
8%
173/4'
*87%
17%
89
X77
-
143/4
114
17%
18%
"
25
;.
2,700
30%
203/4
69
*21%
No par
15,700
10 Va
: 20 3/,
..
124
£• 8%
9
24%
■
97
69%
No par
preferred
Ry Co
Southern
Mills
*69
1.66%
'
38
Dec
Ginger Ale com
Dry
V * 8%.
1,400
102
30%
15%
5
No par
Campbell W & C Fdy
Can
9
*89
r
123
123
2,000
10 Va
V
21
5%
Cons Copper
53% Jan
4
y%
1
—
-
3
1!>78 iv.itij
100
5
Copper
Feb
31% May
Nov
footnotes see
—15
common
jan
4j% Jan
19
Dec
9
For
preferred—100
363% jan
Jan
May
7
T
Bldg 7%
50% Jan
54
3
9% Jan
Term
6
33 % Jan
Sep
Dec
Bush
Bush Terminal
5
Jun
1%
4
24
54%
Jun
—
26% Jan
40 Va
27% Mar
5
,
common—1
4% preferred
—
100
3%% conv 2nd preferred-—_100
3%% preferred '
—_ 1_.—100
Burroughs Adding Machine—No par
Corp
No par
participating preferred—100
Byron Jackson Co
No par
5
July
*35%
36
25
24% Jan
35%
14
27
Jun
Feb
*13%
7
104
69%
89%
Inc
Co
Mills
8%
69
32%
Jan
13
9 Y
89%
•24% Jan
3
Jan
101
Watch
Burlington
"Putte
69
*121
123
*31%
26
82
4
8%
89%
3% Jan
%
69
*121
32%
Feb
121
9
*89
8% Jan
-
.3
20% Jan
23%
14% Mar
3
3% Jan
27% July
105
Jan
21%
3
75
4% May
98%
52
17
Jan
8 % Jan
Jun
89
Jan
69
123
*31%
16% Jan
1
8
Dec
Dec
8%
73
14% Feb
110
10% July
114
8%
No par
1
pfd—100
-
El Corp 3.60%
Co
Bulova
*121
No par
34
6
Jun
90%
Dec
preferred
69% Jan
4
July
40
21% May
433/4 Jun
12%
$5
6
Feb
87% Jan
75
Dec
78% Aug
31
65% Jan
Mar
65
30%
common'— __No par
2,200
313/4
*96 y4
21
r
2,500
235/8
10 3/8
97-
*96
75/a
*100
•31%
31%
1,500
73/4
30 3/8
24%
23%
10%
23
; 10%
*100
200
29J/a
29%
.
*27% / 28
31
102
103
400
38
7%
28%
30%
•
35
*75/8
7%
■
2%
*32
7%
29%
*100
95
35
7%
73/8
5,100
51%
-
*2%
35'/4
*34
28 %
v-.
15%
preferred
(The) Co
•
-
2%
8
*35'
8
50%
95
51%:
%•'
*2y8
39
7%
7%
39
>
28%
30
310
*
:
28%
.
'40
Vb *38
20%
21%
25%
26
13
*123/4
13%
41
700
21%
21%
20%
7%
■"'/yY
28%
13%
15%
Budd
Shares
# per thare
29%
20%
Bucyrus-Erle Co common
for
the Week
13%
15%
7
Sales
Friday
•
*28%
20%
2
300
13%
15%
7
3.000
10
■
29
*20%
Feb
1,100
29%
13%
Brunswick-Balke-Collender —No par
93/8 Jan
128
■«'
136%
Feb. 4
Feb. 3
Feb. 2
S per share
20%
16% Jan
4
Jan
8% Jan
1243/4 July
Dec
15% Jan
24% May
Sep
7%
.
SALE PRICES
"
120
31,100
29
x32
29
5
—No par
33 y8
60 %'
*25%
30
32%
;
136%
26%
60%
*32
1,100
3,500
28 3/8
27%
.
100
25
28'%
25
28%
13%
*26
common——15
25%
23%
13%
22 %
21%
No par
No par
preferred
96%
41
*38
common
Inc
*95 %
29%
*12%
—
Brown
96%
13%
10
5
1,600
*95
29%
10%
Co
2,000
78
13%
13%
5
223/4
*75%
29%
*10%
—_5
10 %
223/4
10
223/4
25%
*13%
,—2.50'
3%% preferred ————100
Brooklyn Union Gas
„No par
Brown & Bigelow-'1
Bristol-Myers
.
Feb. 1
t per share
3,800
293%
1
,-l
Stratton—
&
I per share
13%
—No par
Briggs Manufacturing
29
Briggs
27 %
Tuesday
Jan. 31
33%
78
32%
i
136%
.
*10
Monday
*293%
No par
2.50
3
33%
136 y2
33
136 Va
27%
Jan. 29
America
15 Co
—No par
4
333/8
93%
,
*
3234
,
136%
27
Saturday
Inc
27 % Jan
33%
10%
400
15
*14%
*91%
28%
*134'%
11%
15
93%
26
283%
15
28% Jan
1,000
>
25%
25%.
i
i_100
(assented)_100
Jun
11%
95 Vz
28 y2
No par
343/4 May
15%
12%
14%
22%
25%
Efrass
Nov
*15%
400
10%'
28%
—2.50
25
900
153/4
32
*76
26%
A
of
140
36%
16
28%
1
Airways
32%
35%
*15%
22%
*25%
33
2,300
9%
Y
35%
*91 %
26%
136%
8%
*-ll%
.28%
32%
30
,
32-
,
28%
136%
40
77
*75
9%
9%
10 %
.
a)1':
/ 95%
LOW AND HIGH
Bearing
25 % Jan
3
<
700
,2,800
15%
•
35%
33%
■22
15%
31%
■
'
93%
■
96%
.
1-
*25%
No par
Maine RR
Boston-&
Bower
>& %
98
V,;:
1
Co
preferred
Feb
23%
98
75
75
1
(The)
Co
3%%
71
Feb
*95
78 /y./'
*76
77
16%
15
*10
22% /
*75%:
16
153/4-
; 33
10 Va
22
Borg-Warner Corp common
10% May
17%
32%
10
No par
Dec
90%
32%
33
10%
Inc
Dec
27
Y
33
22%
B
Stores
Nov
7% Jan
&
class
Co
6%
8%
400
91
*91 Vz
22%
Co—
Aluminum
32%
11% May
17%;
.
34
12%
12 Va
/
ioy4
-
Boeing Airplane
Bond
93 %
10%
-100
Brothers
42
92%
*91 %
17
17%
*88
*14%
22%
Laughlin Inc
Ami
143/s
10%
com_ -No par
Co
Bloomingdale
•7
12%:..
22%
.STOCK
YOtUv
8
13% Jan
27
Dec
36%
1,100
*33 V
d.
Carpet
(E W)
Nov
Dec
110
22,100
10 3/8
34
9%
*15'%
16
—10
———
Bliss
193/4
Jun
300
39%
10%
91
35%
35%
14%
..
17%
32%
*32
35%
—33VaC
com_
(Del)
Steel
7
223/4
7%
33
33
5
7
403/a Jan
x27% Mar
93%
*91%
100
_
_
Loan
14% Jan
23% Jan
Jun
,
44%
/
443/4
7
34
9%
12
93%
__
11% Jan
58
800
20%
*89
75
*73
16
14%
*91%
353%
15%
Par
7
Jan
110
20%
17
16%
9%
32%
*32
11%
143/s
3
Jan
9%
•
35%
11%
Black
12
3
26
;
323/4
*35
15
3
30% Jan
3
13
l3/4 Aug
*32
35
12%
$ per share
share
Jan
20% Jan
44%
323,4
EXCHANGE
40% Jan
Nov
9%
16
preferred
NEW
44% July
373/4
9%
73%
74
14 Va
__J_——
Highest
17% May
573/4
9%
74
11 %
Bigelow-Sanford
29 %
Dec
1,400
44%
91
*89
17%
*
Birmingham Electric Co^
323/4 Mar
13
71
44
10%
173/8
90!
*
9% Jan
Sep
23%
44%
10%
34%
17 %
*15%
4
uaal
*73%
17%
90
1
13% Jan
19% May
Dec
20%
*69%
*38
44%
v
10%
34%
17%
10
& Decker Mfg
Biaw-Knox Co
27
36% July
20
*23
;
38,
>
44 3/4
17%
90
STOCKS
$ per share
.
38
44%
*10.%
—
Best
7%
•
—1
8
Lowest
Highest
*19%
34
34
___
Best & Co
7 •'
Range Since Jan. 1
Year 1948
I per share
35
$3.25 ser of 1946_No par
Cum pfd $4 div ser of 1948_No par
2
..
*32
10
17%
74
9%
...
89
173/4
*72
I-
34
34
90
*89
17%
--100
new__
jlU",4
3
,
Cum pfd
Range for Previoua
Lowest
*17%
pfd
29% Feb
28
9% Jan
Jan
*17%
173/4
Appliances
Indus
7'"
136% Feb
37 y4 May
Home
7
•
33% Jan
139 y4
Dec
17%
10%
Bendix Aviation
Jan
24
28
10%
common.
preferred
11
Feb
Nov
26 3/4
4%%
34% Jan
93
May
45
10%
34%
Co
Co
1
Mai-
30 3/a
125
Howell
&
4 '
18
9% Jan
22
102 Va July
30 %
1
24 y2 Jan
87 Va Mar
23%
Feb
16
7 J % Jan
July
68
3
Feb
32 3/a Jan
Jan
2 6 3/8
44%
10%
34 y8
—I—50
10%
213/4
39
44%
*17%
RR
Beech-Nut
Packing
Belding-Heminway
Bell Aircraft Corp-
Nov
*37%
44%
*37%
25
common—
100
21
373/4 July
Feb
20%
»
44%
10%
_2.50
Feb
75
34 y2
Dec
39
19%
_No par1
Inc'
Foods
conv'pfd
Mills, Inc
Beck Shoe (A S) 4%%
Feb
95/8
*38
22%
20%
10%
3%%
8
Feb
21
*193/4
44%
Beaunit
24
20% Jan
3
/"4 Y
8% Feb
20
24
32%
26
.
Co
Works
Iron
34% Jan
4
Jan
11 s/a Jan
30
*
_
'
4%%
38
49
.
•'4Y
13% Feb
71
'7
v7?;
800
*
Jan
88
Jan
100
.
161/4 Jan
43y2 May
90
Jan
16 3/a Mar
jan
*
*67
22% Jan
31%
80 y2
</8
13'
100
"3 /
Feb
ly
1
-
Works
common— —100
Ohio
preferred
_L.—100
50
Aroostook common
Feb
13%
ky/2 juiy
-..c
Locomotive
15 3/a
0
T)
(B
Baldwin
21%
•
.
900
w
IO73/4
170
38 3/a
■38 y2
190
*17%
177/a
13%, :i3%
13%
135/8
17,200
43 V*
43
433/4
900
38
*17%
109
38%
18
433/4
"
Volume
169
Number 4775
THE
COMMERCIAL
NEW
Range for Previous
."./t""
Year 1048
Lowest
11
Feb
48 %
Apr
3%
Dec
30
Dec
<.
.
13
Aug
.
41%
'•
102
Jan'
32
,Jan
,19% May.
12% Jan
143%
32
6V4 Mar
35%
9 V-
May '
Dec
Feb
147% July
'Nov
68 %
'
22
Feb
.39%: Jun
97
Feb
105
123
Feb
140
22
% .Feb
17%
16
'
Feb
Sep
Jun
83 ;•
.
Dec
7%
Jan
6
21'
Dec
Dec
28%
12%
Nov
20
.11:
;84
Jan
5
.3
13% Jan :
24%
Feb
33 1
Jan
24% Feb
1
Feb
26%
Jun
22 % Jan
3
Feb
100%
Jan
92% Jan
3
95
7% .Dec
,15 y4
Jun
7% Feb
3
Jari
18
30
May
27 % Jan
5
28% Jan
7
45%
Jan
31% Jan
3
34% Jan
*
90
Jan
79
Feb
V 9
July
7%
Feb
£
Nov
G
Jan
12
17% July
14% May
12% July
;
Jan
7%
4
4
8% Feb
0%
4
11% Jan
10% Jan
4
18% Jan
10
Jan
8
5% Jan
7
33% Dec
30
4
Feb
4
12% Feb
49% July
33%
40
May
26% Jan
Jun
49% Jan
45%
10
42%
14%
44%
Jan
Jan
12% Jan
19% May
4% Apr
15% Feb
53
:
Oct
Feb
'42
Jun'"
'
Nov
33%
101% May
Jan
48% July
42% Jan
33
25
Jun
10
Jan
75%
Dec
84 %
15%
Jan
21
27% Mar
6
80
%;
58
Jan
Jan
Cincinnati
4%
7
2
>82
3
112% Feb
5'%%
.
Jan
12%'
Jan
15% Jan
Jan
25% Jan
30% Jan
20
10%
Jan
4% Jan
5% Jan
Dec
13
43
27% Jan
Jan
27
Jan
140
Jan
31
Dec
Range Since
28
4%
3
152
Jan
Va Jan
62
Feb
3
Jan
1075
Jan
29% Feb
Class
93 Va Feb
16
Feb
25% May
26% May
18 % Jan
19% Feb
12%
Feb
22%
15% Jan
19
$3.50
16
14% Feb
Oct
9%
22%
Oct
18%
Jun
11% Jan
Dec
20%
Dec
Nov
17% Jan
31% May
19
Feb
14%
Jun
13% May
78%'Jun
8'/b Jan
Dec
28%
Dec
37%
Feb
43%
Y
7
12
xl6
Nov
16% Jan
3
Feb
3%
Dec
25
106
Oct
3
Apr
;;
Nov
Dec
11% May
Dec
36% Juiy
x24%
Dec
32
4
Sep
21
108%
11% Mar
xl8%
Jun
8 %
Dec
12%
Jun
Dec
51
Jan
Sep
19
Dec
29%
10%
Dec
8%
Dec
Nov
Dec
35%
33%
Jun
106%
Dec
Dec
42%
10% Mar
84% Mar
Nov
40
92
Oct
48% Mar
For
-
15
15%
14%
*19%
19%
19%
page
17%
*18%
18%
10'%
10%
10%
100
preferred—.100
*10
10%
10%
Inc. cl A___2.50
£.2
22V8
22'A
—2.50
^
8%
No par
w w
Co__
preferred
com..No par
series
Z
No par
8 % Jan
60
24.
Jan
4Va
*12%
Retail
Stores
Inc.
Consolidated
Vultee
1
.No par »
com
preferred
1
10c
Aircraft
Consumers Power Co
15
100
—No par
preferred
Y—No par
Container Cor.p of America com—20
4%
preferred
18
24
Continental
:
$3.75
Can
.100
—
—
*8%
44
107'/a
13
9Va
44
*18.
18%
*11*%
12
8 Va
,934
33 Va
107
*107V4
8Va
93,4
33'%
107
107'/a
150
11%
*10%
10%
*10%
22%
11
11%
10%
19
21
19'A
19%
19
21'/a
19
19%:
107/s
11 Va
10%
11
8%
8%
8'A
22
,
8%
53
*97
*50
53
32
32
32
Y
*26 Vb
Va
4'/a
4'/a
22%
22%
107
13
31%
41 '/a
41%
40%
*23%
23%
23%
491/4
49%
49
17
49'A
99
99%
98%
991/4
590
I71/4
17 Va
171/4
17 1/8
17%
6,900
3%
V
3'/4
31/4
3%
3%
3%
101,600
97
97'/4
26Va
26%
26'A
*8%
8%
*8%
*29%
30%
*29 Va
26%
*26%
26%
26 Va
4 %
23
9
4
4 Va
22%
23%
: 107
107
107
12%
8%
*8%
44%
45
18%
19
*11%
*8Va
8%
8Va
8'/a
8
9%
9%
9%
9%
9%
36
36
97
97
97
.
1234
11%
36
4
23 Va
8%
18%
37
Y
12.%'
44%
36
2,600
85/s
107
33
1,800
1,200
26%
8%
V
*96
41
97
18%
11%
33 '/a
2,100
7:23%'
26%
11%
107'/a
53
31%
8%
18'A
106%.
*50
97
18'%
33
1,000
32
26 Va
13
44
2,300
16,400
53
*11%
•'
6,300
*
32
a
*8%
44'A
200
*50
8%
26 3
*12%
91/4
/a
8%
30
29
107
16%V
99%
*99
98
900
8%
21%
11'/a
100
*11
21%
22
8%
17%
11 Va
22'A
22%
106%
5,600
140
*8%
*107'A
400
12%
26 Vb
*8%
441%
120
3,500
19 Va
12%
8%
*12%
'
15'A
19%
*11%
26%
4
92
14%
19 %
12%
100
97%
107
92
15 Va
19%
*11%
31%
26%
22%
44
18'A
11%
81/4
8%
9%
9%
33%
%
V-11%
x32%
30
26 Va
4'/a
23%
107
12%
9
44'A
18%
*97
>'
97%:
30
'
:
9.'400
200
30
*25%
4.
1,000
*
2,400
26%
100
4Vb
107%
3.900
23%
■
23
15,700
107 VB
12%
900
12®/B
43
:
900
9
400
43
*8%
2,700
18VB
18
1.000
*11%
11%
200
8%
9'A
9'A
3,200
9%
9
9%
12,500
11%'
'
*33
33
32 ®/8
33
106%
106%
106%
106%
106%
106%
106%
107 %
*107'A
1071/2
107%
107%
107%
36
x35 Va
35 Va
34%
35
1071/2
34 'A
97
*96
97
96
*96
2,100
106%
*107'A
35%
*96
>96
■
35'/8
97
630
.
7
40
3,900
30
Co com__No par
014 V8
14%
14
14'/a
_No par
%
14'/4
*85%
87'/2
87
87
87%
20
87%
87
89
89
89
88
33%
33%
33%
33%
33%
33%
341/4
34'i/a
33%
*97%:
34®/a
34
98%
*97%
98'%
*97%
98%
98 Va
98%
*98'A
8%
*8%
8%
8%
8%
*8%
8%
800
61 Va
61 VA
61%
61 VA
61J/4
61 J/4
1.400
Inc
common
preferred'
3
-
5
93%
15
12%
*50
28%
.4'/a
Jan
2
*92
6,400
17%
8%
*26 Va
20%
10
3%
26 %
29%
18'A
17%
* 26 Va
30%
17 Va
*8%
100'/a
28%
>1025
*9%
11
491/4
28%
130
,
181/4
*21%
52
28%
3,400
Y
11
3%
22%
com
1
35% Jan
98'/2 Feb'
■
62
17%:
10%
8%
26
Shares
137
*61%
18%
17VB
•
135
62
*10
3%
8%
137 7a
for
xl8%
17%
26%
Sajes
the Week
10%
3%
*8%
Friday
Feb. 4
f per share
18%
17%
26%
100
82
18
99
25
No par
140 '/a
*80
a
*22
21%
97
*138%
83
10 3
3%
97
2,100
17%
17 Va
.
2,100
18%
99
17%
600
5%
10%
49%
97
Coppermines Corp
Continental Baking
$5.50 preferred
90
'
*50
29 'A
301/4
5
29%
18
*12
11 VB
8%
3A0J
18%
48%
*106%
13
11
*98
.
No par
97
Jan
48%
No par
95
85
52
No par
Publishing Inc
preferred
22
21
21%
:. 11
8V2
*49
3%
No par
Consol Edison of N Y
37 J/2 Jan
15% Jan
V
11
160
14%
29-%
30%
139
30 Va
49%
33% Jan
Jan
22',8
10%
93 Va
49'A
$4.52.
Jan
*22
Inc ...No par
73 %
45
14%
18%
22%
commoiu.No par
*72.%
17-%
*10
10%
'
92%
49%
$4.50
17%
18%
92%
49%
13
-
17%
10
20
600
108
*43
5
Y 61%
41
27
97% Jan
Oct
J.7%
*18%
2,800
2374
71%
14%
Thursday
19%
20
41%
113
*106
S per share
15
19%
100
41%
23:%
29%
139
24
26
31 Va Jan
see
15%
40%
Jan
May
64 %
15
*19
*23 VA
33'% Jan
13'/a Jan
footnotes
15
-
400
45
5
30 %
23%
108
July
13 Va May
Nov
15
19%
900
.
29
*112
108
"1000
30%
40%
107 'A Jan
99
8%
92
*1060
30%
23
30% Jan
17% July
92% Sep
29%
92
*18%,
41%
24%
130'/a
92 Va
No par
*28%
112'A
30 Va
61%
92
No par
29%
20
f
85
*29
140
61%
31%
*92
17 "A
Feb. 3
30%
30%
17//a
185
71%
$ per share
*137%
61%
17%
500
PRICES
40 VB
106% Jan
May
140
61%
*1050
__
700
V.
6%
*82
Feb. 2
31%
com
Consolidated Textile Co Inc
12
140
61'/a
500
4,800
80
*155
*81%
*31
Consolidated
9% Jan
140
*61%
*1100
Consolidated Grocers Corp_._1.33 V2
Consolidated Laundries Corp^
__5
Jan
140
6IV2
—
6%
85
Wednesday
$ per share
X
29 '/a
185
14%
83
240
21
80'7
41%
30 Vb
SALE
;Y
*23%
139%
231/4
$5
Jan
•••
142%
*61
HIGH
7
29%
5 Va
5
30%
139'/a
*81%
83
AND
-•'.'H
23 Va
105% Jan
'
Jan
99 %
Oct
90
1
140
5 VB
30 '/a
Feb. 1
Sper share
1021/4
,-(451/2
*82
29'%
Tuesday
Jan.31
I per share
29 %
142
*81
Monday
102'A
20%
82
,
*43
23%
Conde Nast
Jan
10% Jan
Saturday
211/4
17%
14%
5 Vb
30
84
102'/4
7
71%
29 Va
*138%
7,700
82
44
14%
par
12
3
*82
=71V2
*42
*1100
21 Va Jan
8% Jan
84
5%
30%
140
29%
*106
par
4
10
*82
29%
108
14%
*29
LOW
3
Jan
5%
*138 J/2
Jan. 29
Feb
8
106 % May
Sep
9
5'%
.
Congoie.um-Nairn Irtc
14 J/4 Jan
44
14%
29%
29
112 v4
*23
2
46
*42
14%
,
Consolidated Natural Gas.^..,
Consol RR of Cuba 6% pfd
18
16% Mar
98% July
100
100
73
44'%
14
29%
29%
*155
31%
23% Feb
'
5'/a
*71%
10
22,900
*
24%
*106
270
35
56 Va
*21
;
113
*112'%
*23%
103
73
*3C'/a
30%
*138 %. 140
.
-
100
10% Jan
15% May
15% July
1
No par
40%
24
*42
-
29
;
41
112%
*71'%
14'/2
*32
54%
29%
40
'■107 % Jan
.<
29
*106
35
56%
*102
85,
41%
31%
5
3
44
'14%
,1
108
4'A
55%
r- 28 Vb
185
39%
3
5
29 Va
39%
Consolidated
14
*42
...50
No par
'
73
40%
23%
13
Consolidated Cigar.-
8% Jan
*71%
*106
4VB
55'A
55%
18%
31 %
25
12% Jan
*17%
*82
108
4%
56 %
*33
82
31%
21
41% Jan
>
7
*80:,
*155
*106
4%
56
>
21%
*39%
Va Jan
21% Jan
18'%
*111%
300
3,600
4%
x7>
r-
29
40%
300
15%
29 Vb Y
85
12%
preferred
4% Jan
xl06% Jan
Dec
37%
29 Va
26
3
25 Va July
Feb
7%
7
Jan
17%
24%
12 V8
15%
28%
185
50
Commonwealth Edison Co
Feb
v
29
112'%
12%
15%
2834
*82
40%
13 'A
*15%
28%
*155
*23%
*12%
'
45
85
*111
3,300
45%
185
40%
711/4
45%
*82
24%
69%
45%
*155
11.2i/2
72 %
:.
45%
85
*24
300
72.
72%
29%
.
85
300
3,500
28%
•80
•
12%
33%
No par
$6
9 Va .Jan
30
?ri
12%
Commonw'lth & South
27% Jan
4
4
9,100
30
51%
102%
185
40%
*1,11%
par
98 % Jan
11
*28'%
31
32%
Vs
*82
Commercial Credit' common—
10 '
3.60% preferred
—100
Commercial Solvents
_Y_No par
7
'
Mar
103%
May
6% May
30%
700
50'/4
*21
*6Tb.
18
29
29
*28%
85
*17%
*12'%
System
Carbon
•
25% Jan
11,500
34 Vb
& bouthern Ohio Elec—10
cCombustion Eng-Superh Inc.No
3 % Jan
3
Jan
28% Jan
900
6%
7
.
501/4
102'%
*155
Columbus
31
17% Jan
,
3
25'/a Jan
8
100% Jan
,
3
89% Jan
29% May
8%
27%
Jan
j
■:
*80
29 Vb
102
100
,
;
Columbian
#
17%
*28%
,t
—
Broad Sys
cum
7%
7
29
100
preferred
Pictures
*$4.25.
fr
85
17Va
..20
Gas
,
*" 29'2
*v80
STOCK
2nd
B
<
*6%
—No par
1st
non-cum
Class
24
Jan
'
gtd
com
Corp
Columbia
24% Jan
17
95
4%
33%
.No par
Columbia
49 % Jan
22% Jan
2%
7%
I
7
3
Jan
7
Mills Inc
Columbia
13
90
45'%
(The) common.No par
non-cum
4%
10
41 % Feb
47% Jan
1,000
4"
*
«
51 Va
43a
21%
44%
Y
Internat
21
32% Jan
Jun
July
29% May
YORK
9% Jan
27
53% July
90
10
Jan
28 Va
104
4%
10
51
Feb
*20%
45
5% conv preferred—
Colorado & Southern Ry. com
49% Jan
Jan
211/4
stock.'
11% Jan
18%
;"y> 1,400
8%
6%
V4
12 %
56
-J?9
100
8
•
36%
8%
161/4
8%
30%
35
29,
44%
1
7
29%-Jan
Jun
6,100 >
34
>
44 Va
com
24
35% Jan
Apr
35 %
.1
4
800
•
8%
9
'
700
-
16%
16%
6%
31%
34
55%
*20%
'
Co
30 Va
33
55
21%
21%
*29
—No par
Co
V Jan
23% Jan
10 % Jan
Sep
4%
7
55%
33
44%
10
No par
com
Colo Fuel & Iron
'
7%
4%
*33
35
55V4
101%
5
preferred
Colonial
*33
29%
20
Collins & Aikman..'
24% Jan
Feb
10%
49
4%
58
lOlV'a
5
24
11% Jan
Feb
19
•
16 Va
*8%
*56 V2
*101%
No par
Jan
12
9%. Jan
32 V8 May
20
9
*87/a
8%
4%
101 '/2
No par
19% Jan
9% Jan
18% July
17% July
9
16%
8%
58
*101'%
Co.
.13% Jan
Feb
Dec
Nov
9%
11
17% Jan
*4%
*56 '/a
28%
Corp....No
Colgate-Palmolive-Peet com__No
34% Jan
Jan
4%
58 Va
54%
preferred
A
4%
55'%
29%
exchange;
Coca-Cola Co
4%-
4
16
<
54%
100
STOCKS
Coca-Cola
13'.
/
54%
Par
12
60
89
10
16%
13
23'%
$ per share
1075
7112
16
35
12%
33%
-
*12'%
57
*33
!
NEW
Jun
Jan
4%
10%
9%
1
303i
8.50
Co com
nreferred
2nd
v
>4%
*55 '/a
;
Illuminating
cum
12%
%
16
30%
—100
j.
Peabody & Co
preferred
7 Vo
Highest
share
Apr
4%
9%
10 Vb
6%
..2.50
Corp
Cluett
Jan.1
Lowest
45%
Sep
";;i5X- NOV;
4%
10 Va
97/a
,
30%
12%
Y>
*15'/2
10
com
preferred..^
Clopay
12
13
30%
13'%
25
Machine
Pitts. RR
31 %
100
preferred
&
31
1
Elec
Milling
;
96
X87 %
7
*12
—
Special gtd 4%
2
Jan
82% Jan
.130% Feb
4%
6%
71
_
Climax Molybdenum
Clinton Industries Inc
12
30% Feb
138% Jan
Jan
4-/a
7 "a
23%
—
Granh Bronze
5 '/o
Cleve
26
July
63%
1332
4%
71
'
&
non-^'m
Range for Previous
July
4%
6%
33%
& St Louis Ry
C
$4.50
<
19
35%
72
C
Cleve
11
'18%'Mar
60 %
4%
7 Va
71
Equipment Co
5%
26
105
Nov
$ per
4%
33%
preferred^.
Cleve Elec
3
25% Jan
5
11
Dec
t per share
8%
No par
I T Financial Corp
City Ice & Fuel
;
City Investing Co common
7% 'Jan. 12
.
Dec
183
16 Va
*8%
100
C
27
12%
1332
Gas
Cincinnati
45% Feb
39
Dec
•16%
9
7 Va
No par
1
preferred
291/2 Jan
23%
134%
RR Co
series. A_1
5 Va % preferred
Copper Co
Chrysler Corp.—
18
22
Y
com
Chile
24
102% Jan
k
7
29% Jan
13
V
9
17
*8%
*4%
*10 Vb
13%
78% May
47% May
Highest
9
*16%
8%
•
4%:;
15%
C
1946
"'
9
15 34
3
xear
10%;
9Va
4% ;
*12%
20
Lowest
10%
10 Va
4%
8%
—100
Chickasha Cotton Oil
Childs Co common
Jon
t per share
10%
10%
"
16
vtc__
Chicago Yellow Cab.
42%' Jari
78
10%
10%
13'A
Pac
4
18
92 % May
1,200
*15%
Is'&
preferred
Clark
July
9.500 "''•
84%
*12%
Conv
8
36% May
32%
84%
700
Y'Y
*50
20
147
32%
32 Va
,85
/Y
/
f72%
Jan
Dec
4%
10%
9%
17
32%
85
1
*50%
: J an
Dec
4'%
]0%
10 Va
9Va
*16%
7 Va
27%
72 Va
82
Feb
9Va
7VB
*26.%
Vb ;
83% ' 83% ;
10 Va
*10
'
7Va
27 Vb
33%
Chic Rock
20
x39
7S%
4'%
32
->32%
.
50
7%
*26'/a
27%
'
...
;
72'/a
Jari
Jun
27 Va
84
96
33%
34% Jan 21
Dec
137
84
7%'.
■
Va
4,200
43.7
Dec
84
7 Va
*26 Va
32%
84
4%
1,000
22
*95
3,700
88
4%
'84
10%
900
22%
23 Vb
9o
121/2
30% Jan
39% Jan
84 Y
10
25V2
*95
27
17
70%. Jan
32%
10%
25 Va
23
'
96
33%
176
Nov
32%
!*4%.
25%
234'a
•'
12%
Feb
69%
7%
32%
*10'%
25%
1,200
"'6,100
33Vo
28% Jan
Jan
*
27%
32%
,
H7/a
*201/2
City Stores
23% Jan
*95
*32%
preference..No par
12%'Feb
27
109% Jari
*23'/a
95
7%
20
11%
33 Vb
7
105
23
*27
19%
12 Va
27'A
3
Apr
23
"•
8'A
20%
12
25%
95
27%
*7%
9% Jan
7
Continental
Diamond
6
63% Jan
19
Continental
Insurance
—No par
Fibre:
:_5
10
8%
*61 %
8%
62
8%
61
-
*14%
8%
8%
62'/a
60 Va
14%
61
14%
14
.1
1,000
..
50
Feb
Jun
*24%
23
*27
27%,
8'A
,
50
18% Jan
Jun
*27
24%
93
7%
10%.
*10%
■
"
12%
93
*7%
*7 Va
'*20
20%:
12 Vb
23
.
94
7%
■
10%
.
v
50
4
34 %
24%
8%
*20
1
■
•
'
10%
•
,
*49%.
Jan
111%
12
25%
*7%
20 %
12
10%
49%-
preferred
convertible
2d
108%
8%
20%
*10%
43%
$3
1 Feb
Nov
*7 Va
33%
July
Jan
8'%
100
2,900
'32,900
.
*26 Va
10%' Jan
Oct
11%
84'/a
12%
80
22%
11%
27 Vt
24%
105 Va
11%
237b
176
105
11%
:
12%
Aug
July
38%
11% "
33 Va
A
May
Apr
11%
*26%
>3
Jan
30%
11 % ? 11%
IOV2
10'%
33 '/a
74
3
Jan
28%
26 Va
4
Dec
*83%
31%
V831
900
1,700
107
84%
31
12 VB
23%
>106
.*83%
20 Va
7%.
7 Va
31%
12 "
*92
107
800
*
21
T'/'a
84%
*19%
23%
*106
21
V/a
'
12
1.25
103
21
7' Va
..
31%
10%
25%
7%
32 Va
10%
25'%
21
"73,
*106 Va
84%
20
*24%
21%
4%
4%
23%
.
4
Dec
*83%
32%
11%
No par
4,300
7%
20
1
1,200
10'A
5
*4%
,
26%
8
7%
,21%
*7%
77/a
16%.
10
5
33%
7
24%
11
16'%
10%
10%
5
21%
11%
*7%
,
16%
10%
16%
10%
51/4
27 Va
Jan
97 Va Jan
*10%
11%
,*16%
16%
10%
110
33%
Jan
20%' Jan
Sugar Co__—9.50
32'%
11%
llJ/4
83%
31%
500
17
7% :./ ?%
*106% 108
108
83%
17%
27
60
May
27
*106%
8.4%
32%
17%
33%
3
Nov
108
*32
18
27'%
11
19%
*106'/a
Jersey.—100
South "West Corp com_5
18
33%
36
Jan
Light 41/2% pl'd
*—100
Corp 3.40% pfd—100
18%
*>13
27%
1
bl
7%
4,203
.12%
4
27% Jan
*7'/a
23%
129
No par
Feb
Jun
7 7'%
2 3'A
5% preferred
——100
Chicago Pneumat Tool com..No par
7
Jun
;*7'/e
111
Series
19
65%
Hudson G & E Corp__jno par
300
*128%
23%
5%
*21
104
128%
23%
8
5 % Jari
29%
21%
3
16% Jari
Feb
*21%
104
128 Vo
14
10%
.
104
70
7
Jan
4
Nov
21%
5
15.200
3,700
36% Jan
3
10%
21%
No par
28%
36'A
138
291/4' Jan
Jan
Jan
•
33
*16%
vtc__—106
oom__No par
28
23%
18%
5'%
_
28 Vb
35%
138
Chicago & Northwest
3
23%
90
7
Jan
4
*18
10%
Co—1
28 Va
*103%
16%
Belt
29
129%
5%
Products
2,500
103%
23 %
10%
Violeta
53®/a
103%
123%
23%
16%
&
53'A
128%
119%
18
5%
B
54
*128%
10 >/2
preferred series
53 j/2
103%
24 '/a
2,600
37
139
103Va
129 '/a
7
*6%
36%
54 %
a
'
200
*137 VA
138
103%
Chic Ind & Louis Ry Co class A
25
/ Class- B—i.
■
No par
Chic Milw St Paul & P vtc
No par
-.
23%'
700
33Va
*32
3,803
7
4
Oct
28 5
2 8 J/2
9,800
'
15
>51
3
64%
63 Va May
Nov
31
32
Oct
415,%
Feb
2%
Sep
72 %
;
Jan
July
28%
28
27%
13%
j
2J
Feb
54
27%
7
120
7
28
57
53%
*6%
37%
4,500
a
33%'Jan
4
Dec
49% Mar
53%.
30
6
108
Y
4
Feb
8% Jan
.,
53 %
37%
300
31%
6
>107
27® b
<21 %
67/a
138
18
- Class
A_1—.—
..40
Chicago Corp (The)
•„ 1
Chicago Great West Ry Co com—50
5%
preferred
_50
7
4
31
Feb
28%
6%
37%
138'%
53
53'%
67/a
36 Va
*136-/2
23%
7;
7
8% Feb
6%
7
37
138'/2
51%
O'A
107
;
*103%
Chic & East 111 RR Co com..No
par.
11
4%. Jan
41% July
23% July
13%,, Dec
25%
2<L
13 Vs Feb
13 Va July
Apr
7
36%
*136%
52
6%
106
103%
Chesapeake & Ohio Ry common
25
Y"73J/2% convertible preferred.*— 1Q0
11% Jan :21
■
33
*128%
Chesapeake-Corp oi Virginia
"3
jan
15% July
9% Jun
7% Map
26'
9% Feb
9% Feb
.
Feb
85
22% July
Jan
4% Mar
30 7
3
33
16%
Champion Paper & Fib
Dec
.7
34
17%
$4.50 preferred 1
Checker Cab Mfg
Dec
Jan
*32%
24 V2
vtc
1
76%
4% Jan
33
*5%
Chain
5,
31%
4
33
'16%
Co
7
Feb
8%< Jan
25% Mar
'■>
13%
-10 %
C'ertain-teed
24% Jan
90
27
33% ' 34
143b
129%
Century Ribbon Mills
No par
Cerro de Pasco
Copper Corp,——5..
21%. Jan
4
17%
34%
14
_5
Ry
Central
J&ri
11% Feb".
"
May
*34
14 Va
_1
Ga
Central
18% Jan
Apr
-
34 %
14%'
6%103
*103%
tCentral RR .of New
■
11% Jan
8
34'/8
14
37
Central NY:Pr
11% Feb
I
34%
13%
Central
35%: Jan
7% Jan
2 i V2
34%
13%
33
Central
81 % Jan
3
27%
35
13%
*31
No par
,5%
May
10% Jan
27 VB
53
6%
*105 :
*
Shares
13'A
2;
17%-
of
13
27
*24 J/2.
Sugar Co
Foundry "Co...._______
14
27
*52
6%
20
—
*13'a
52 v
53
__N.o par
i.
14
'
6
*34'%
138 %
'53%.
28%
par
Aguirre
'
Jan
-
rNo
*131/4
for
the Week
106
7
*36 Va
14'%
Sales
Feb. 4
$ per share
53
13J/2,
33
*137
f per share
*105
35%
Va
>*t%
25
Central
7%. Jan
v.
35
Friday
Feb. 3
'Sper share
*13%
55
:
-13%
Thursday
Feb. 2
105
5%
27
*31 Va
15
PRICES
Wednesday
$ per share
14 J/2
*53
SALF
Feb. 1
•
105
104'%
27;
1Q0
1 common
55
13%
6Ve. 1 6Vs
.
—100
Central
108
26
i
preferred
Corp
preferred—1
Central
Jan
104% Jan
Jun
'7%
2nd
5%
24% Jan
28%' Feb
*53
*104
.1
Corp
common-,,
'
11 % Jan
<
May
18%
20
14%
HIGH
Tuesday
t per share
■=* 13V4
Celanese Corp of Amer com—No
par
$4.75'1st preferred
■
No par
Celotex
17
t per share
50
•
>
7
7Va Jan
■
Nov
15
Co
Caterpillar Tractor
7
Jan. 31
10
series
•
6
9 % Jan
11 Va Jan
10%
I)
common..1
preferred—i
11
Jun
.-39%
(J
7%
18% Jan
4% Feb
Oct
7% "Jan
Corp
'
7
26%. Jan
21A Feb
108
Case
4
Jan
Par
—No par
15
Carpenter Steel Cb
7
Jan
131% Jan
•
3
38% July
8% Mar
Dec
74
17
Conv preferred-4
Carriers & General
32% Jan
1
12%
i
Nov
Carrier
104
10
16% Jan
Light
i
•
Feb
&
2
37% Jan
;
17% Jan' 18
,11V4
.
Dec
100%
Jan
23 % Feb
Power
29
55%. Jan
.3
128
Carolina
Monday
Jan. 'in
*
'
Ohio;Ry^._J..,100
Feb
138
31
Jun
18%
S'A 'Dec
6%
Jan
100% Jan
■
'
11
21
28
20%: Jan
Dec
22%
July
May
.34%
Dec
6%
1
'
4
&
7%; Jart
4
Jan
52% Jan
Carolina Clinch
14 % Feb
3
34% Jan,
131
May
3
33
.
Saturday
*
-'
'
(611)
RECORD
LOW AND
"
STOCK
EXCHANGE
'
35% Jan
14
STOCK
Capital Admin class A common—1
Y
$3 preferred
A
•
10
Capital Airlines Inc
1
1/
Feb
27%'Feb
4
;Jan
6% Jan
52%: Jun
130
xo0
1
107
•5
Dec
Feb
YORK
FINANCIAL / CHRONICLE
j
•
•«•' v
17
u% Jan
17
Nov
Jan
53
.
10
12 '/a
Jan
15
>3
Jan
30
•
/
4
:
Yv,;/
$ per share
26% Jan
July
NEW
Highest
'
4
5% Jan
Nov
32
;
Feb
51% Feb
8% Mar
,
110%
;i
t per share
May
56
■
Feb
261/4
18
Sep
100%
Lowest
$ per share
YORK
,STOCKS
Range Since Jan. 1
Highest
^
$ per share
&
14%
101
13%
14V4
88
•
*98 %
34 Va
100
3,ron
560
5.800
100
4
•
,
COMMERCIAL
THE
(612)
k
\'V
Range for Previous
'
Lowest
Highest
I per thare
t per thare
STOCKS
n
STOCK
•
Jan.31
Jan. 29
Feb. 1
:
Thursday
Wednesday
Tuesday
\
Monday
Saturday
Monday, February 7, 1949
HIGH SALE PRICES
LOW AND
-
EXCHANGE
Highest
Lowest
YORK
NEW
Range Since Jan. 1
Year 19 4 K
CHRONICLE
FINANCIAL
&
I per
thare
thare
Feb
10%
Jun
7
Jan
28
8% Jan
69%
Jun
50
Feb
4
56% Jan
18
Mar
197/e
Apr
14
Feb
15% Jan
3
3?
Jun
26
Jan
29% Jan
24
July
54
>'
:
Continental Oil
9 per thare
Par
Continental Motors
7
Feb
6
46%
1
of Delaware
-
52%
*14%
*27%
50%
NOV
51% Feb
2
—-14
Cooper-Bessemer Corp common—5
53 prior preferred
No par
Copperweld Steel Co common
5
Convertible pref 5% series
50
Nov
15%
Jun
10
Jan
11% Jan
7
Cornell Dubilier
50
Feb
51
Jan
54% Jan 12
18
Nov
57% July
23% Oct
14
19% Mar
55^
x49% Mar
42% Mar
9%
Jan
55% Jan
10
Oct
21%
'Feb
13
16% Feb
19 % Jan
6
49% Jan
22
20% Jan
Jan
10
Nov
97% July
94
86
Oct
98
92% Jan
3
98% Jan 21
Jan
6
62
Feb
Mar
171% Jan
6
178
Feb
2
Jan
3% Jan
7
3% Jan
26
177
Oct
3V4
57
66% Mar
Dec
56%
164 %
July
Dec
5%
Dec
3%
Feb
3
39%
Jun
29% Jan
4
32% Jan
98%
Jun
99
Jan
14
Jan
8% Jan
Dec
23% Jan
Sep
8%
13
Dec
24%
Mar
x21
4
2% Jan
Feb
l7/a
29
92%
2
Jan
8
3
9% Jan
5
25'/a Jan
12
16% Jan
Dec
46% Mar
36% Jan
3
34%
24% Jan
3
27% Jan
94% Jan
3
97% Jan 25
Nov
Jun
91%
Feb
103% July
95
Dec
129
20%
Dec
.
29
Jun
96
Jan
v4
96
Jan
20
Jan
3
241
Jan
Jun
66
Jan
6
72% Jan 24
Jan
28% Jan
17
30% Jan
17%
Aug
14% Jan
19
15% Jan 27
v
Dec
25
Feb
12%
155
Dec
>
11%
88
7
Feb
Feb
Dec
4% Feb
-47%
4
Feb
21
4
26% Jan
7
Sep
30%
Jun
22% Jan
5
27
Feb
4
Oct
94%
Jun
87
Jan
4
92 % Feb
1
4
14
Jan
24
20%
Dec
13% Jan
Jan
15% Jan 31
Nov
21
Sep
94
Jun
92% Jan
11
95% Jan
20
Nov
15%
Jan
9% Jan
3
10% Jan
8
Dayton
9% Jan
7
Decca
Sep
13%
Jan
27
Dec
42
Jun
27
Jan
29
Jan
12
31%
Dec
46%
Jan
32
Jan
34% Feb
2
29%
Feb
38%
Jan
34% May
50 % Jun
31% Jan
34
Jan
40% Jan
13% July
8% Jan
9% Jan
176%
*176%
177%
100
*3%
3%
3%
3%
>214,
■>%
3%
3%
*3 %
3%
1,200
2
2
2%
2%
2%
2
2
*2
2 '/8
1,000
30%
3,900
31
24% Jan
4
277/a Jan
58
July
21% May
47% Jan
4
50% Jan
3
17%
17.,
*95%
*95
60%
10
8% Jan
31
9% Jan
Inc:
17
24% Jan
11% Jan
22
12% Jan
46
Jun
26
7
Jan
37% Feb
4
40
Feb
46% July
42
Jan
6
45% Feb
> Dec
19% May
11
Jan
3
12
Mar
13
;
20%
Oct
14% Jan
17
Jan
8
41
Jun
27% Jan
30
Jan
18
Dec
56
Apr
48 % Jan
51
Jan
a)-
29
,.11%
Nov
De
Steel
Vilbiss
6%
106%
Jun
104
Jan
105
106%
Oct
103
Jan
108% Jan
Nov
31%
Class
22% Jan 26
84% Jan
86% Jan
21
3%%
12
13% Feb
1
Dunhlll
Mar
164
113%
Jan
V 94
Feb
,411% Aug
10%
12
179
124%
120% Feb
Jun
21
Preferred
$4.50
27
Preferred
$3.50
97% Jan
113% Jan
115% Jan
12
Jan
10% Jan
12% Jan
10
f
I per share
18
25% May
Dec
Jan
3
Eagle-Picher
Oct
20% May
14% Feb
4
16% Jan
7
Eastern
Dec
19%
NOV
13
Jan
24
13% Jan
7
Eastern Corp
12%
Dec
22%
Jan
11% Feb
4
13% Jan
7
Eastern
38%
Feb
45% Jan
7
43
46% May
3
Jan
175
14
Dec
82
;
33%
>
Jun
164
Jan-
!5!
Feb
30
Jan.
3
32% Jan
7
4
18
12
90
14% Jan
19% May
Mar
92%
Jun
88
10%
Dec
16%
Jan
10% Feb
92
Dec
106
8%
98
Jan
.
4
174
Jan
10
Jan
8
11% Jan
8
.
Jan
20
7% Jan
7
98
Jan
20
6%' Jan
29
Feb
4
43
Jan
7
13% Jan
Jan
3
15% Jan
21
3
34% Jan
7
Jun
5 %
Jan
39%
Nov
56
Jun
11
Feb
16%
Oct
32%
Feb
37%
Jun
33% Jan
1%
Nov
39
1% Jan
2% May
■
3
2% Jan
24
Jan
166
Oct
154
Jan
29
160
Jan
147
Oct
137% Jan
31
144% Jan
56%
Jan
12% Dec
17
Jan
19%
27%
Jun
48% Dec
48
Feb
3
24%
4
51
Jan
X55
Dec
74%
41%
Dec
49
Kodak
Co
Feb
76
Feb
20% July
*91
92%
*91
92%
13%
*13%
14
*13%
14
*13%
14
100
16%
*15%
16%
*15%
16 %
100
15%
15%
15%
9% Mar
12%
Jan
29% Dec
97 T Feb
4%
9%
Jan
Feb
16%
-
preferred
18
18
18%
18%
18%
18%
28%
29
29%
30
30
30 %
95
*93%
95
*93%
95
95%
*94
95%
*94
95%
'
*94
9%
9%
9%
9%
9%
8
8
7%
7%
••7%
7%
6%
7%
6%
6%
28%
28%
28%
33%
33%
33
33
33%
*33
40%
40%
40%
40 %
40%
40%
8%
9
8%
25%
25%
25%
50%
50%
50%
50%
50'A
50%
1,100
21%
21%
21%
21%
22
21%
22
7,800
61
*58
*45
.
*11%
14
24%
24%
*24
12%
*11%
12%
*11%
*20%
39%
21%
*20%
21%
*21
21 %
39%
39
39 %
x38 %
38 %
45%
45%
*46
45%
14
14
5
Jan
7
12% Jan
16% July
56% Jan
3
3
14% Jan 21
61% Jan 24
'
4
9%
Dec
Dec
7% Mar
34%
3%
^or
II
Dec
Dec
'no?
9
68
Apr
Jan
4 % Jan
Jaa
9% Jan
20% May
31
4
28
68
Jan
31
8% Jan
7
38% Feb
4
Feb
2
common
preferred series A
Pittsburgh RR Co
&
Eversharp
Ex-Cell-O
3
4
4
RR
10% Jan
Jan
4% Jan
21
Bldg__».
Equitable Office
Evans
Jan
24.
x45
45
11%
11%
*11%
12
141/4
14%
14%
14 %
15%
*14%
15%
*14%
15
28%
27 %
2av.i
*26%
28%
50%
14%
15%
14%
14%
*45
400
46
11%
11%
800
13%
/
14%
8,400
700
11%
31%
11%
11%
11%
30%
30%
31
30%
30%
30%
30%
*11%
31
30%
14
14
14%
14 1
14%
14%
14%
'
51%
52
50%
51
,50%
50%
*50%
48%
48%
49%
49%
49%
49%
49%
*104% 105%
-104 %
*104%
104%
104%
104%
*105% 106%
21%
21%
*85
87%
106%
107
107
*51
48%
15
..Nopar
Nopar
50c
100
1
30%
*27
28%
*27
52
*31
14
No par
*12%
*12
106%'
107
21Vs
21%
87%-
*12%
13%
13%
12.
12
12
12%
-V
•
Products
14%
15
49%
50%
1,700
49%
48%
49%
9,300
104%
104V4
104 '/a
104'/a
106%
106%
105
106
21%
21%
21%
49
*85
86%
*85
14%
*12%
14
*12%
12
187%
186%
186%
186%
187%
:T20'/4
121 ;
120%
120%
120%
120%
*120%
100%
100%
100%
100%
101
*100 %
100%
*113%
*113% 114%
11%
11%
114%
*113%
114%
113%
114%
11%
11%
*11%
12
*11%
12
f perthare
7,000
•
200
110%
*114
11%
600
20
115
400
11%
/*J1%
Friday
I per
I per share
9 per share
Sales
Feb. 4
Feb. 3
Feb. 2
I per share
I per share
1,600
121
100%
Thursday
Wednesday
Feb. 1
Jan. 31
Jan.29
*
SALE PRICES
Tuesday
Monday
Saturday
12
*120%
114%
114
*11%
100
14%
187%
185%
121
'100%
.
12
12%
187
12
200
1.300
6,700
86%
86%
*13
12
10,600
21%
20%
*85
:
186% :
185%
'
15
13%
12
160
600
1,800
107%
21%
211/4
800
77
51%
14%
86 %.-
*85
*85
186% 186%
*120% 121%
*99"% 100%
100
8
105
21%
13%
Nopar
No par
for
the Week
share
Shares
18%
1,300
14%
15%
12,100
*12%
12%
18%
18%
18%
18%
19
18%
18%
18%
18%
14%
14%
14%
14%
14%
15%
15
15%
15%
15%
10
5
10
*13 %
13%
*13%
13V4
13'/8
13'/«
13
13
13
13
*12%
12%
12%
12%
12%
12% -12%
12%
12%
11%
11%
1,100
44
44
45%
44%
45
44 %
44%
12,500
com.2
19
*18%
*
43%
44
43%
%
44%
44%
*16
*170
172%
172%
172%
*171
31%
31%
31
31%
31%
311/4
31
31%
*16
16%
*86
100
*86
*86
10%
*10%
*96 "
100
*6%
7
'
100
*96
100
*96
6%
6%
*86
10%
11%
*96
6%
No par
*.
100
40%
39%
40
39%
40
40%
40%
40
14%
14%
14%
14%
14%
14%
14%
14%
*33%
34
2
154
34.
34
2
!/ ■:' 2
2
22%
22%
22%
157
*154%
157 %
155
? 155
155
155
156
156 %
137%
*137
138
138
138
*138
139
138%
138 %
300
49 3%
49
50
49
49
48%
1,000
13
1,000
*154%
137%
*49
5
5
9%
3
2 50
*8
*36%
*4
19%
*51%
22%
.13..,
44%
14%
14%
14%
31%
*101
*4%
5
59%
60
68
31%
*101
59%
*66
59%
70
72%
72%
12%
12%
12%
14%
14%
14%
15
15
15
14%
-
*4%
-
13%
*59%
y *65
4%
4%
4%
4%
9'A
9'A
9%
*9%
.?,/ 9%
8
*36%
*4
8%
38
4%
8
8%
37%
*4
,
37%
:./.
4%
*44%
8
37 %
"4
30%
*101
900
14%
2,800
14%
800
32
700
103
*101
2,500
12 %
•
*30%
31%
103
700
300
500
72%
72
1
315/J
101
1,000
45
12%
14%
101
4%
13%
73
31%
31%
13%
44%
15 " i
103
4%
44%
*4%
-9% —
4 %
13%
68
_
4%
8%
5
13%
68
37%
31%
103
44%
17,400
52
.
12%
14%
19%
19%
52
72%
12%
14%
12%
19%
55
vy 14%
73
14%
48
44%
44%
73
13%
19%#
*52
23%
22%
48%
13%
13
19%
55
,12%
32
13
*19
*52
2
23%
48%
19%
.
.103
-
)
22%
22%
;54??
14%
73
,
591%
Co
*12%
.
19%
14%
13%
Corp
"12%
12%
*19
12%. .12.%..
59 %
5,100
34
2
151%
*61
200
2
34
2
'
13%
1,400
34
*33%
34
-
*4%
6,100
14%
1%
14%
.
40
14%
*32%
12%
32
1,900
39
1%
141
*101
2,400
7
22%
155
137
1
1
6%
1%
34
*33%
22 %
22%
10%
100
*96
14 %
/
100
90
10%
10%
3,700
16%
*86
90
100
40 %
6%
30%
16%
17%
400
30
174
x30
31 %
*14%
6%
No par
100
50
*172
174
6%
40%
6%
6%
31
*16%
90
90
10%
10%
10%
11
'
17
*16
90
*86
90
*10%
17
*16
17
4%
Inc
i
Corp—L-i—i
Exchange Buffet Corp
174
173
172%
170
*96
12 %
*1%
-No par
-No par
!
preferred
Eureka Williams
8
page
47%
12
51
Empire District Electric Co
10
Endicott Johnson Corp common—25
6
36
7% Mar
45%
11%
& Phonograph
7
Jan
11%
40
50%
Natural Gas
4%' Jan
49% May
2,500
11%
*14%
5%
37%
50%
*72
Erie
100
100
37%
"11%
72%
Erie
200
21%
14
28%
14%
Radio
18
3,600
*20%
21
21
8%
12
12*
14%
14%
14%
•
45%
.
14 %
■
24
39%
12
*11%
12
8%
8%
24 %
8%
12%
8%
61
12
24'%
*11%
21%
39%
*20 %
*38%
*24
12%
1,600
24
8%
8%
23%
5
Emerson
4% Jan
8%
8%
*23%
*11%
45
7
Nov
8%
8%
*12
*56
61
*56
61
*56
61
25%
24%
12%
8%
;*23%
.
*56
61
*58
*12%
<4%
25%
26
49%
21%
*72
15% Jan
13
25%
25%
49%
21%
*43%
4
/Jan
6,400
*49%
Electric Mfg Co
104
1,400
8%
26
45
Emerson
24
39%
8%
y
49%
*44
preferred
preferred
:
7
100% Jan
9
300
39%
40
8%
21%
52
3
Jun
7,700
32
25%
52
24
104
1,200
34%
x32
49
56
13%. Jan
.
28
X34
49 %
21%
*51
44% Feb
25
9
28
34%
11%
conv
76% Jan
28
65% July
40
8%
34%
49%
21%
9
19%
4
15 % Jan
68%
40%
40 %
9
28%
28%
33 %
*33
26 %
.12%
3
32% Jan
Feb
33%
*8%
12%
14
6
Sep
34%
12.500
50%
common
Jan
3
30
900
9%
*25%
*19%
57
30% Jan
50%
28%
34%
34%
33%
*28%
*32%
28%
33%
*33
10
50
50
3
4
5% %
.14% Jan
250
6%
Co...——15
6
Jan
1,200
6,500
18
28%
49%
5%
18%
30%
18
28%
*48%
El Paso
18%
29%
18%
"
16% Aug
59
*15%
60
28%
9%
Amer shares
Elliott Co
34
6%
16%
.
1
14% Feb
Dec
25%
96
100
Elgin National Watqji
66
.
9,400
92%
13%
LOW AND HIGH
12% Feb
Jul). v
12%
91
25%
92 %
11%
common
7
42% Jan
Oct
55%
27
91
25%
14
9%
10
7
Jan
25%
26
*49%
Inc
21% Jan
31
3,400
2,000
23%
11%
common
13% Jan
Jan
26%
20
100
140*
22%
50%
Co
12% Jan 29
52
Jun
25%
.
97,100
92%
25%
26%
.9,800
v;
*13%
94
STOCK
19% Jan. 28
:
24
•
*91
25%
.7!,;7 7;:;7■••'
Nov
24
'132
140
24
;
22%
•22%
22%
*132
24
'■
;
11%
.
$6 preferred
Electric Storage Battery
10
22%
140
24
23%
*132
9
8%
9%
r
$7
8%
23
140
95
common—1
4 % %
preferred
100
Ekco Products Co common
2.50
4% %
preferred
100
Elastic Stop Nut Co
1
Electric Auto-Lite (The)
5
Electric Boat common
3
Convertible preferred
No par
18
19% Jan
23% July
6%'
i
300
-
.49%
v:
*49
49%
9
V
9%
Edison Bros Stores Inc
14
Feb
Feb
22%
*49
94%
Electric Power & Light com__No par
Feb
13%
*132
-
:
9%
Elec & Mus Ind
123%
23%
23
23%
49%
94%
12
139
8%
'17
127;
'124%
127
*49%
Eaton Manufacturing Co new
20
9%
:*126
t
!,i6%.
6%
6% ?6.%
"
900
;
50%
preferred
6%
3
Dec
*48%
*16%
16%
13
*49%
Stainless Steel Corp
Eastman
'
Sep
49%
16%
6%.
127
8%
140
24
*126
*48%
9%
23
17.
'
6%.
*125 ; -127'?
49
*132
17
17%
'..'6% :.,6%.
12%
/
Airlines
13%
30 % Dec
:
&
126%"
300
76;
*71 %
9%
Par
13
157
12%
3,700
7%
7%
7%
72
12%
14
15%
EXCHANGE
13
7%
72 ;
12%
520
1,600
178
—
49%
6 per thare
19% Jan
>160
*27
1st pfd
E
18
8
8
71%
STOCKS
I perthare
perthare
200
15
*14%
15%
178
29
scries
series
NEW YORK
Highest
Lowest
Highest
Lowest
common
Duquesne Light 5%
DWG Cigar Corp.!
Range Since Jan. 1
~
*160
12%
*93
de Nem (E I) & Co com—20
Du Pont
Range for Previous
Year 1948
29%
14%
178
95
Nopar
Jan
Jun
15%
70%
29%
*14%
*27%
Corp
5
Jun
99%
116
Dec
70%'
30
71%
95
5
preferred
conv
21
101
■
1,000
92%
No par
International
Duplan
8
93%
1
-
series A
preferred..*
121% Jan
Jan
188% July
72
29%
Nopar
-
...
Jan
13
*70%
13%
95-
25
CorpJ
Ltd
187% Jan
Jan
22
72%
8%
23%
28%
Nopar
Industries
Dresser
19% Jan
July
May
May
!
22%
22%
No par
2nd
$3.25
21
98
18
430
100
*95
100
22%
12%
*17%
lb:* 4
14o
*15
18%
Nopar
$4 preferred
Jan ll-
8
■
94%
1
-1
common
!
Mines
20
Dec
4,600
•
100
Douglas Aircraft —
Dow Chemical Co common
Dec
12%
95%
50
A
Jan
Jan
25%
95%
100
Dr.
12
Jun
25%
72%
6% ?
33%
pfd
Corp
83
xl8%
41 %
12%
9
25%
100
Dixie Cup Co common
Jan 21
Feb-
100
41%
41%
97
*13%
2
50%
Feb
17%
2,800
25%
*95
15%
15%
*160
178
92%
Corp-Seagrams Ltd
Dome
90
400
17%
*91
*
2
7
97
100
22%
*91
Car Co
11
Oct
24%
17 %
72%
28%
com
Motor
T
24
50%
24%
96%
97
*95
15%
*160
8
8
6%
33%
preferred
partic
Diamond
Jan
Feb
25
12%
24%^ 24%
20
Match
Diamond
Jan
32%
*96%
22%
I 15%
15%
17%
23
*132
__5
15% Jan
Jan
9%
*71%
12%
*27%
Co
54
47
300
9%
25%
*41
2525%
100
,
22%
178
*160
8
73
8%
Raynolds class A__—12.50
Devoe &
15%
15%
1
Corp
12% Jan
3
33
*95
100
22%
Nopar
Detroit-Michigan Stove Co
49% Jan
29% Jan
17%
100
*98 %
9%
50c
Western
&
for
Feb
Jun
19
'67%
97
*22%
178
6%
Detroit Hillsdale &SWRR Co__100
21
11% Feb
10% Jan
97
17%
41'/2
30 %
30%
100
Rio Grande West RR
Apr
40
Nov
47
Lack
Pepper Co
Doehler-Jarvis
Jan
23
Dec
Feb
25%
22%
*16%
20
ctfs
Divco
Dec
Nov
10
17%
*40%
41%
25
100
& Hudson
for
6
46%
,
*24'/a
.
50c
common
ctfs
Distill
13%
■
24%
100
preferred
Detroit
1
26
15% Jan
13% Jan 27
xl9% May
Jan
25
,
Co
&
Escrow
8
11
*95
100
22 %
.
Detroit Edison
22
38
*9 %
*176
177
"
49 :
common'
Escrow
7
23% Jan
35% Mar
17
9%
*24%
97%
*96%
96
49%
series B
Delaware
10
57% Jan
13% May
Jan
30%
*98%
9%
24
25 %
25
25%
31%
100
*96
9%
24
24
31
30%
*40%
9%
176%
178
178
100
*9%
40%
25 %
*48
3.75%
7%
3
f' 26% Oct
22
30%
*98
100
16%
Rubber Co
Records Inc!
Delaware
24
22
3
*97%
*39%
Series A
Denver &
19% Jan
31%
31
31%
100
60%
178
41
Deep Rock Oil Corp
7
Jun
2
126 >
3.75%
Deere
7
39% July
28%
2,900
♦
176%
127%
Preferred
21
Feb
Dec
62
61%
61%
200
99%
*98
99%
61%
61%
60%
3%
2
*126
Preferred
24
38 % Jan
7% Feb
19%
*98
99%
59%
17
I—1
100
common—2.50
5% conv preferred
20
Davison Chemical Corp (The)
1
Dayton Pwr & Light common
7
95% Jan
Jan
*98
*98
■
176%
pfd series A
3%%
4
16%
99%
99%
*98
260
2,300
*3%
2
*97%
*9%
Davega Stores Corp
Jan
Dec
100
Nopar
1
_1
pfd__—100
No par
!
Corp
Dana
92
11
*99
Nopar
common
Cutler-Hammer
Jun
Jan
100
100
*39%
Inc—-—
A
"Class
94
58
*99
*99
23%
pfd
Cushman's Sons Inc'7%
3
Jan
99%
100
No par,
No par
non-cum
Curtiss-Wright
7
.
99%
*99
7.
*175%
2.50
$7 preferred —
Prior preferred
30 % Feb
:
22
12%
20% Jan
Dec
22
—-5
6%
Press
3
Dec
22
*15%
*160
*7%
*71
13
8%
22
100
10
100
31
56
52%
21%
30
Jan
22 % Mar
52%
21%
71
Jan
Jan
52%
21%
30
15
20
10
21%
30
18
Apr
10
52%
21%
72
26% Jan
20
10
52%
*21%
■
30
17%
Feb
500
10%
10
10
52%
*71
31% Aug
32% Mar
220
10%
No par
5
com
2,400
52%
30
28% July
14%
51%
16%
51%
*9%
72
Dec
6 % Feb
51%
16%
51%
52%
30
Feb
8 %
51%
17%
51%
10%
*69
Feb
8%
*50%
70
17
51%-
53
30
14%
84
51
*9%
72
24%
1
82 %
5f
*54%
.
*52%
10%
53
24%
preferred
conv
RR
18%
Jan
17%
55
60%
§lf®:|D||
19
85
13%
17,.
*23%
16%
com
Corp
'
22%
*54%
17%
*29%
7
Jan
137
54%
17%
*68
19
24% Jan
3
20
54%
17%
'
59%
Cunningham Drug Stores Inc—2.50
Curtis Publishing
com
..Nopar
9% Jan 31
3
Jan
136
54%
17%
1,200
55
*54%
55
60%
2
preferred—1
Cuneo
7
Jan
54%
600
27%
27
27%
12,300
10,900
14%
.
'
100
19
50'
27%
*9%
preferred
!'
Cudahy Packing Co common
.; 4%%
preferred..!
7
Jan
7% Jan
129... Jan
22% Jan
Sep
July
X31% May
21% Mar
J-
4
14
7% Jan
12% July
137
Jan
118
27%
Cuban-American Sugar common—10
7
47% Jan
May
28%
Feb
18%
133
4
27%
100
5%
27
Jan
Jan
122
150% Aug
61
4
27%
22%
71 '
Cuba
8
H>- Jan
13
,
6'/a Feb
13% July
r
Jan
16% 'Jan
Jan
24%
Dec
15%
8% Jan
73
3
17
12
17% May
Dec
122%
v
7% Jan
67% Jan
July
27%
9%
1%
13% May
Dec
14
27
7%
51%
50
15
•
■;
10
Jun
177
Apr
7%
67%
'
•,
52%
15
Shares
G0%
$4 2nd preferred.!
Crucible Steel of Amer com__No par
7
34
Seal
&
Zellerbach
51%
15
7%
51%
100
1
preferred
$4.20
4
Jun
78%
65% Dec
$2
Crown
8
28%
Cork
Crown
41% Jan 24
Dec
17%
53%
*14%
27
21%
21%
*99
100
*98% 100 ?
25
:
common,.
Creameries
7
19% Jan
26% May
36%
23 %
Co
7%
52%
14%
?! 7
17 Va
*9%
preferred—
of America..,
Cream of Wheat Corp (The)
19
7%
53%
14%
7%
28
54%
*52%
3%%
14
7%
52%
14%
for
Sales
the Week
7%
7%
53%
1
14%
*51
1
Crane
7
Jan
99
Electric Corp
!
52%
*14%
53
*54%
*17%
Coming Glass Works common.
5
;//3% % preferred
100
Cum pfd 3%%
ser of 1947—100
Corn Products Refining com
25
7% preferred
100
Coty Inc
1
Coty International Corp
1
99% Jan 25
88
Corp.
Exchange Bank & Tr Co—20
Corn
20
Jan
Steel
Continental
7%
7
5
Friday
t per share
J per share
9 per share
t per share
I per share
Feb. 4
Feb. 8
Feb. 2
'
'
# per
"
10
*4%
4%
4%
4%
800
13%
13%
13%
13%
13%
8,300
60%
*59%
61
59%
60%
70
*65
70
5
4%
9%
8
37%
4
•*65
70
*4%
.
4%
9%
9%
8%
;
*8
*4
,
.
8
■
10
400
9%
9%
37%
600
4%
4%
900
8
1,200
38%
38
38%
2,900
4%
*4
4%
100
•
Number 4775
169
Volume
THE
COMMERCIAL
NEW
Range for Previous
I per thare
Range Since Jan. 1
,
Highest
'
YORK
FINANCIAL
CHRONICLE
STOCK
Monday
■
■■':
•
s!
Lowest *."•/» Highest
I per share
t per share
NEW
/'
YORK
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
t per share
Jan. 29
•.O.V\
■
Par
.
9 per share
xl9 Va
37% Jan
Nov
33 %
Apr
28
%
Nov
5
Nov
,41% Jan
7
Jan
21
24% Jan
10
Fajardo
Sugar
21
25
13
Faistaff
Feb. 2
I per share
'
Jan
Fairbanks
'
26
'A May
16% Feb
1
17% Jan
26
Jan
3
6% Jan
10
5
12 Va May
31% May
99 V2
25% Jan
V
96
Jun
Sep
'
20
Federated
4%%
42
Dec
14 %
Feb
28 Va
Nov
Dec
26
Dec
13
Dec
12 Va
Jun
Felt & Tarrant
5
19%
Ferro Enamel
Id
16
31
67'A Jan
20
5
49% Jan
24
4
106 % Jan
19
3
61% Feb
4
Fidelity Phen Fire Ins N.
105% Jan
53
Jan
Firestone
4%%
Tire
&
Rubber
preferred
Y
10
16% Jan
4
17 % Jan
3
Firth
Jun
25% Jan
28
31 % Jan
7
Fllntkote Co
May
98% Jan
7
100'A Jan
36 % May
27
Jan
5
28
Jan
6
15%
13 '/a Jan
3
15
Feb
3
Florida
Jun
12% Jan
Jan
14
13% Jan
$4
27
26%'
26%
19%
19%
16%
*
64%
64%
48 y2
107%
*106%
59%
59'/a
*59 Va
59%
17%
*17
preferred
par
*17
par
48%
25%
26%
*98%
100 %
'
No par
49
26%
96
96
65%
66
130
19
1J
15'A
%
63%
*1Uj%
60%
61
17%
17%
17 %
20%
26%
25%
*99%
100
100 %
100
100 Va
*99 Va
27%
*27
*27%
28
27 %
27%
*13%
13%
13%
13%
13 Va
13%
13%
13%
13%
No par
13%
13%
*13'A
13%
13%
13%
13%
13%
*13%
23%
23%
23%
23
23%
23%
23%
*27
.27%
61%
1,500
17'A
300
26'/a
100 Va
*27
27%
3,100
107%
61
17%
900
66%
49
v4
60%
26 %
600
600
15%
26%
__..7%
Florsheim Shoe class A
3,300
97 Va
17 Va
*
26%
*27
26%
49
No par
Corp
600
2u%
*9.%
107%
49
200
5%
19 Va
*106
61,700
5%
59%
59%
17%
100
49%
*106
*a7
16 Va
*65
65%
107%
48%
49%
100 Va
*100
26%
.
*18%
26
1,200
97
*15%
107%
59%
38%
17 Va
26 Va
18%
*17
*W4
38%
5 %
16%
26 %
1,900
17 Va
18%
17%
26 Va
13%
5%
16%
65%
48 Va
*106
13
17 Va
19%
15 Va
65 %
107%
49
38 'A
16%
*19'/a
*15%
13%
6';:
'
600
4'/a
17%
*95%
1,300
4
26%
97
1,900
22
25
17%
26%
96
22
25
*5%
17
98%
*106%
No par
Carpet Co
No
(The) common—No
Power
5%
25
Flbrence Stove Co
27
(The)
.
65
*64%
5'A
Shares
4%
13 Va
38'A
16%
5%
100
com
•_
First National Stores
38'A
*38'%
ld*/a
98%
19%
l
Mfg Co
Corp
39
38%
.
f
the Week
38
38
22 Va
25.
4
13%
26%
99
4%
4
38%
22 V«
*24%
,
\
share
J?
►
x38 %
'
13%
*13'A
5%
26%
*98
Va
25%
13%
13%
•
.a
22
22
*24%
4% '
4%
16%
6
Aug
21%
26%
100
4Va.
*37%
5
20 %
Dec
6
5
preferred
42%
xl04
17
*5%
17% Jan
1
59% July
96
com
38%
*16%
20% Jan
Jun
107%
Nov
49% Mar
Stores
*37%
5
2
1
103%
Dept
2
par
4
Oct
53
6
99% Jan
*13
18% Feb
;
Jun
69%
28 % Jan
4
13%
45% Jan
24%
26 %
Feb
27
Jan
*13%
64% Jan
Dec
Dec
53%
v:
1
V15Vi Feb
B
17%
;
4%
38 Va Jan
20
Feb
5
3
Dec
Feb
4%
Fedders-Qulgan Corp
Federal Mining & Smelting Co
Federal-Mogul Corp
Federal Motor Truck-,'--'--—No
Mai-
19 3
Televis'n & Rad Corp—1
24%
Farnsworth
5
20Va
22%
24%
V8
40
39%
39
22 %
24
7
16
39
22%
24%
8
35% Jan
39
22
25
14% Jftn
Jun
*38%
22%
*24%
13
43
38%
*22
1
Jan
Feb
Oct
38%
20
."12%
"
Feb
90
._No par
7 Va Jan
35 %
,
Co-
common..
Corp
2
11':
16
&
Co
Feb
Jun
11%
Morse
4
* per
for
Sales
Feb. 4
t per share
.
Brewing
22
Oct
20
3
24'A Jan
Jun
Friday
Feb. 3
Feb. 1
S per share
I per share
Thursday
Wednesday
Tuesday
V
Jan. 81
f
54%
Nov
37
17
RECORD
Saturday
(613)
BTflrVC
li)48
rear
Lowest'
&
8,200
110
100
27%
*
13%
13%
13%
1,200
*i3%
15
13Va
600
'
22%
Dec
40%
9 Va Mar
27
Jan
22% Jan
3
24% Jan
7
9% Jan
28
10% Jan
11
23 Va Jan
28
29 % Jan
8
12% May V
Dec""'
47%
Jun
Jun
85
Jan
3
"91
Jan
11
79
Dec
82%
Nov
92%
24'A
Dec
38 % May
21% Feb
25%
24 % Jan
22
105
Mar
1
Dec
Jan
9%
Dec
16% May
8%
Aug
10
35%
Feb
47%
10
Feb
Oct
84
Jan
26
4
25% Jan
7
4
25 Va Feb
3
Jan
3
6
42
;
Feb
11% Jan
10
1
100
*94
common___10
23
;
2
4%
Co
27
86 Va
86 Va
86%
86 %
86 Va
85%
85%
22
V8
2,400
9%
1,300
8,300
94
93
94
92%
92 ya
92 Va
92
Va
230
23
23
23
23
23
23'A
23%
23
23
21Va
22%
1,300
24%
24%
*25'A
25%
24%
25'A
*24%
25 »A
200
10 Va
10%
*10
10%
Va
10%
200
8%
8%
8%
8%
700
*10%
11
*10%
8%
*43'/a
*11%
19%
*85%
11
*8%
loo
25%
94
l
preferred
*9'A
2't %
94
No par
1
9 %
26%
23'/a
94
25
common
9%
26%
94%
*24%
Sulphur Co
10
Froedtert Grain & Malting Co Inc_l
22%
9%
26%
V
9%
88
25%
Freeport
23 Va
9%
25%
*9%
25
*86
*24%
Fruehauf
78% Feb
9%
25
25
25
3
24%
88
12
Trailer
9%
25
*86
12% Jan
;
23 Va
9%
24%
100
Francisco Sugar Co
Franklin Stores Corp__
13
*9%
Corp__l0
pfd_—
conv
33/4% preferred
Foster-Wheeler Corp
6% prior preferred
11
Jan
Corp
20% Jan
19
Jan
3%%
11
9% Jan
17
76
Aug
11 Va Jan
44
4
19% Jan
24%
Dec
95
Steel
Food Fair Stores Inc..
Food Machinery. & Chem
18
8% Jan
May
12% May
Jan
17% Mar'
68%
10 %
90 % Jan
Follansbee
%
8 Va
43%
43 %
43%
43
12%
*11%
12%
*12
19%
*76
*8%
19%
197/8
77
*76
10%
8%
42%
10
8 '/a
42 Va
42
72
1,300
12%
12
12
12 /
12
20
19%
19%
20
20
1 1 Va
19 Va
2,500
77
77
78%
76
77 Va
*75'/a
77 Va
120
43
43
*75
43'A
-
*12
12%
19%
77
*10
9
*8%
160
42
500
G
6 Va
■,
6%
16%
Dec
10'A May
6% Jan
3
6% Jan
7
Dec
10 V4
May
6% Jan
28
7% Jan
10
Dec
■
20
Jan
16% Feb
3
17% Jan
6
3
9% Jan
10
Gabriel
Co
(The)
Inc (Robert)
preferred
6%
-
Dec;":
12
Dec
48%
Aug
38% Jan
41% Jan
12
12%
Feb
14
15% Jan
24'
Gamewell
NOV.;
17 Va July
23% Jun
13% Jan
16%
17'A Jan
17
17% Feb
•;3V
Gardner-Denver
38 Vs
53a
27 34
Dec
9% May
Dec
16 Va
45
Dec
11%
Feb
100 A
8%
Feb
146
1C6
42% Jan
28 %
82
Nov
11
10% Jan
24
Jan
6
163% Jan
10% Jan
3
11
July
Jan
4
10
Jan
76
Feb
4
79% Jan
20
44% July
28% Jan
31
18 % Jan
17
18
Dec
24
Jan
Nov
144
Jan
43
41
May
Jun
96
Jun
93% Jan
31
4
31 % Mar
V Mar
34
9
Nov
118%
Feb
Jan
7
19 % Jan
4%
8
19
139
37% Jan
3
40
39 Va Jan
3
3
Jan
Feb
6
General
3
11
Jun
104
Jan
127
28
Jan
107% Jan
5%
13
preferred
3% %
conv
Range for Previous
Year 1948
Range Since Jan. 1
$ per share
50Va Mar
Lowest
# per share
67%
Nov
66
Jan
NEW
Highest
4
62% Feb
Jun
123 Va Jan
5
125% Jan
17
$5
99%
Jun
x97
Jan
6
100 Va Jan
26
Preferred
17 %
Jun
13% Jan
5
1 Nov
23% Jan
14
12% Mar
•16%
Feb
"12%
:
Nov
26
•
2% Feb
1
Dec
15'/a
11% Jan
Dec
18% Jan
17
120
Jun
29
Sep
May
128%
122
Jan
Jan
15% Feb
22%
243a
Feb
}
20 V4 Jan
3
.
7
Jan
5Va Jan
4
24% Jan
7
Gten
i
6
123
6% May
i: 30%
¥
Jun
Nov
31%
Jan
110%
Feb
132%
Oct
22%
Dec
21%
Dec
29% May
,30% May
98%
Apr
18%
Dec.
.
3
22% Jan
102% Jan
:
39 Va May
30
Dec
14%
47% Mai-
94 Va Mar
Jan
38% Mai-
96% Mar
15
Dec
7
July
48% Jan
3
50% Feb
Oct
5% Jan
3
,
Nov
115
24% May)
64% Oct
Jan
14% Jan
4
3
57% Jan
91
Jan
13
17% Jan
.
;
5
12
17% Jan
7
62% Jan
'
26
102
Jan
Oct
101
Jan
5
104% Feb
3
23%
Jun
13% Jan
19
15% Jan
11
31
3% Jan
2% Jan
Apr
6
15 Va
Aug
3
Jan
3
45% Jan
/
'
26
18
Oct
16 % Jan
4
17% Jan
Feb
35
Oct
25% Jan
4
28 % Jan
31
May
23
Feb
4
89
Nov
99
Jun
95
Jan
13
Sep
12 % Jan
11
14'/a Feb
32 Va Jan
18
32
Jan
24% Jan
Grand
25
Jan
15 % May
12% Jan
Feb
50% May
40
Jan
14
43% Jan
Dec
23 Va
16% Jan
3
18% Jan
Grant
Jun
Jan
40%
Jun
13%
Dec
17% May
135% Jan
3
6
36
L
142
Feb
—
:
• 41
*95%
10%
10%
50%
50%
7
*126
127%
*125%
104
*103
4
14 Va Jan
4
11% Jan
104
26
Nov
25% July
16% Feb
4
Jun
5% Feb
1
94
Jun
11% Feb
4
14
58%
Jun
4^% Jan
28
50
57%
Feb
81
"
Jun
64'/a Feb
14
Jan
1Rl/-> .Tulv
.Jan
page
92
j.
24.
Jan
4
93
t
Jan
3
127
126
126
104
*104
,
105
97'/a
97 Va
20,500
42%
97 Va
7,200
V.V 200
10%
)2,900
104
"
,/.:G3A
10%
40
j,
38%
10
V
51
125%
■
-
V4
51
125%
51
.
'2,900
125%
104
104
125%
104
110
500
11
5~
,
60
%
*19%
*122
60%:
61 Va
125%'
*125 Va
100
61%
100
*13%
24%
24%
24-%
14%
14 %
14 Va
11%
11%
20 Vr";
*19%
*122
2%
3
11%
11%
20
*19%
V
125
*122
24%
2-Va
125
14
24%
15%
2%
10c
4%
4%
*4%
*24 Ve
24%
24 Va
a
;
$6 pfd
*20%
*101%
27%
"120%
)"
24%
24 %
21% V
20%
*101%
102%
*20%
20% ' '
*20%
—100
*76
78
*76
100
,
*72
75
30%
*88
_5
;
No par
50
120
24%
*24%
20%
'*20%
103
*101V2
20%
;
28
75
30%
i
*87%
24%
*101
19%.'
125
*72
75,-
*72
75
24 Va
600
27%.
24 Va
■■',:
•,'t-,
20'A
*72
;:;c
2,400
20'A
102%
20 %
*76
•
80
;
230
.
247/8
20 Va
20%
800
121%
*101
80
75
4,700
'
'
20%
*72
300
f
5
27
102%
20%
Va
120%
i
24 Va
24%
20 Va
*76
30%
20%
*50%
51
87%
*873A
16%
16%
16%
75
.
31
87%
76
*16
v
No par
75%
20 V2
20%
*50'A
5%
6
115%
*113 %
16%
20%
*50 >A
30%
*76
30%
307/a
89
.
16'A
78
.
30%
1,300
■•■
"-—J
900
"'
75
'
30
16%
*75
■
30%
87 %
*87% "91
16%
87%
300
16%
4,-iOO
.
78
b /a
*75
5,400
78
6
.
115%
57/8
*113'%
20%
20'A
20%
19%
20
19%
51
50 %
50%
*50 Va
51
%b'%
6
'
15 Va
16
60%
60 Vs
60%
43%
44'A
102%
102%
103%
104 Va
*103'A
—No par
*14%
14%
14%
14%
14%
2%
2%
2%
2%
*6
*17%
6 Va
17%
27%
No par
27
5
*24
24%
*96
98
6
6 Va
17%
*27
28
23%
*96
24
.V'-,
98
?00
16%
16'A
44%
*
•
:
101%
44%
44
103 %
104%
2%
6 %
6Va
6
17%
27%
*27
23 %
23%
17 Va
23 V4
*95%
98
16%
59 %
102
103
15 Va
2%
6
104%
*14'%
2%
44 3A
104%
15
v2
2Va
6 Va
6 i/a
Xl6%
17%
27
27%
23%
16%
.
*23%
97
100
5,400
115%
lt>%
6i
102
.
4,200
6
: 61
15
2%
19%
51
6
*113%
44%
102%
17 %
*96
6
115 V2
".
*102
*26%
*17%
.
2%
6
*113%
16 V4
60'A "61%
14%
1
44
115%
16
104%
*101Vz
6 V
6
*113%
115%
16
16
V 60
60%
20%
51
43%
100
24%
21 >
102%
20%
12%
"
24
27 Va
120%
20%
80%
102 %
common—
24%
27%
*76
90
76
*5%
5
*24%
120%
20%
30%
80
*113%
_10
4
120 V2
*101
1,000
•
60%
*101%
P_„
19%
*122
4%
78-
*101%
.„
12 Va
;
19%
125
*76
.
5,900
17,700
4%
20%
24%
21%
9,900
2%
47/a
28 )
273'4
119V2
103
24%
15%
*2%
24%
24%
24 V2
120
102 Va
44
com
—
*4%/
4%
24'A
12 Va
11%
19%
*122
800
200
"
*20%.
vTS.-V
16%
100
10
*27%
":
16%
_No par
No par
corn.
27%".
16 V2
Ll
Inc
.*24
24 Va
121
*75%
No par
*4%
14
'
30%
91
16%
*72
•
4%'
300
A i
99%
15
2% V.
"
No par
50,100
125
99%
for
Shares
62 %
124 %
*13%
24%
20%
*19'A
*122
*
:
% /
15 Va
.
11%
11%
11%
20
125
*13%
15'.%
2 Va
99
Sales
the Week
share
60 Va
125%
99%
14 V'i
$ per
62%
*124%
13%
*24 Va
3
S2
Va
100
13%
Friday
Peb. 4
Feb. 3
# per share
62%
* 125
*997/a
'
24%
14%
*2%
125
61 Ve
125
14
13%!
Thursday
Feb. 2
t per share
125%
*99%
13%
3
Wednesday
Feb. 1
100
14%
,
Tuesday
I per share
vi,900
"
60
101%
44
43
.
104%
14%
14%
1,100
2%
20,000
6%
1,400
2%
6
?16%
17
27
24
23
23%
97
97
97
14 Va
"xLO
700
27
14
200
*10.%
27
97
4,200
"4,700
600
3,400
60
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
12%
6,600
41%
41 Va
41%
41 Vs
41%
40%
41%
40'A
41
40'A
41 Va
7,300
18
18
18 VB
18'A
18 Va
"18'/a
18%
18%
13 Va
18%
18 Vs
18 %
1,200
100
*138
140 Va
*139
140 Va
140 %
100
*74
79%
*74
com
pfd
Sugar com—No
preferred
Bay & Western RR
(H
L)
Co
Inc.
,
$5
Jan
7
8
$5
4
71 % Jan
7
Gulf
3
17% Feb
3
-V,lf
13%
13%
14
33%
*31 Va
34
140
*139
33 Vb
36%
36
13%
*13%
13%
*13%
10%
10%
lOVa
10%
& Die Corp__No par
(The) —
*13%
3
10%
100
*93%
Corp__
10
Sugar common
1
preferred—
No par
17%
17%
5%
5%
.
Aircraft
eferred
OH
13%
*31 Va
140
,*69
79%
*31%
34
1J%
13%
*32
3,800
33
*140
142
142
142
*64
69
*64
19
75-
20
'
37
37
3G%
37Va
37
37
13%
13%
13%
13%
13%
13%
13%
400
10%
10%
10%
10%
11
10%
10%
10,700
95
94
94
17V4
17
17
>
37
•2,8o0
Corp
Gulf Mobile & Ohio
pi
13%
33%
*74
36 Va
preferred
conv
13%
*31%
79%
36 Va
Common
4%%
13 % 7
1
Greenfield Tap
Jan
.
51
125%
24%
14%
/; 3
No par
100
60
*24%
No par
Guantanamo
97
51%
139
:
-373A
Vl
V:
42%
12%
Grumman
20%
V; 10%
51 %
13/
38%
-
41%
3
Feb
11%
51%
.
33'A
par
7
Feb
139
51 Va
104
# per share
*13%: 14% .*■
1
Co (The)
Western
19
Nov
139
V 42
33 Va
Jan
12%
138
<42
98%
13%
Jan
44
500
*31%
conv
19% Jan
6
500
19
42%
98%
Jan. 31
9 per thare:
NO par
Co
preferred
Greyhound
16%
50
23
19
38%
*125%
Monday
99%
Green
6
10% Jan
76
23
18%
41%
*96%
10%A));. * 10%
.
No par
Co
73
29%
187/a
1
7%
25
93 % Jan
July
-
■
127%
*103
77%.
*29
18%
10%
98
10%
50%
*76
29%
38%
38%
%
*96%
3,300
77%:
136
136
38
41%
10%
125%
Green
13 Ve Jan
Jun
98
*134
38%
9%
par
3
13'A May
see
*95
133
38
40%
.
500
'
9
Gt Northern Iron Ore Prop—No
par
Gt Northern Ry 6% pfd
No
1'1
38 % Jan
98
iooinoies
41%,
110
10 Va
No par
Great
4
1
Dec
Tor
«133Va
38%
50%
Corp
& Rub
(W T)
$2.25
13
Feb
Feb
85
Jan
•13
—
10
9
136Va
38%
41 Va
1,500
163%
10'A
29%
13%
19
*134
100
*76%:
29»A
'
——
90%
5% Mar
*76%
78
59%
Grayson-Robinson Stores
10
Jun
Feb
78
99%
com
City Steel—
3%%
7
16
29%
78
*125 Va
(The) com_
preferred
Union
Granite
13
97
36%
77
9%
*18V2
10c
Graham-Paige Motors
Granby Consol M S &
3
6
'
-July
Apr
9 %
*283A
conv
$5 preferred
Gotham Hosiery
7
Nov
60
9)4
*76Va
Brewing Co_—
Stock Telegraph Co
Goodyear Tire
17
18
23
145%
9V4
18%
preferred—
C6 (B F)
$5 preferred
6
Jan
Feb
9%
10
:
Goodrich
7
6% Jan
5%
132
9%
29Va
■
Goodall-Sanford
12
105%
8%
Dec
9%
_-_No par
No par
Equip Corp
preferred
Gold &
Jan
Feb
xl2
9%
V 24%
Jan
42
40
9%
16.%
10%
28
116
Va 104
10 »A
10%
10%
10%
250
1,300
102
163%
10%
121
4%%
10%
163%
*10%
*27%
Goebel
10Va
163%
10%
78
com
Refractories—
Glidden Co
10%
lOVa
9Va
par
;
-
*162
*
104 Va
44
LOW AND HIGH SALE PRICES
Cement
Utilities
lOVa
163%
104%
4-%
10%
Jan. 29
Gimbel Brothers* common
$4.50 preferred—.
2
Oct
14%
*10%
*162
*101
10%
*119%
31
50'/a
Dec
Mar
10%
163Va
*162
14'A
44
-101
105
19%
14%
104
44
43%
"102
20% :
14%
104
lOVa
1
Jan
i.
10
5%
9 Va Mai-
10%
163Va
No par
6
4
101 Vb Jan
Aug
2%
29
104Va
20%
14%
104
i
32
*10%
Gillette Safety Razor com:
No par
$5 conv preference—
—No
31
21% Jan
85%' Jun
103 %
7
76
Jun
May
122
33% Jan
3
6%
Mai-
4
19 % Jan
55 %
,
Feb
x74% Jan
Feb-
104Va
Saturday
Realty & Utilities
4%%
3%%
•
6
May
113
5
19
4
28
Mar
Jan
17
Nov
4
77
16 Va Jan
19%
48 VB
21% Jan
24
87 % Feb
Dec
105
10%
*162
Telephohe Corp
20
Gen Time Instr
Corp com_i_No par
4%% preferred
100
Gen Tire & Rubber Co com
5
——
i:
75
96'A
Jan
ViUVfV
4
<
Dec
25
19% Jan
75
May
Dec
437/a
18%
General
4
17
10%
43%
*104%
105%
44
100
Advertising
General Shoe Corp
Gen Steel Castings
1
10
25
87
•
Gen
j
10
20 '/a -Feb
90
*43%
1
J.
preferred
A General
11
27
.
101 % Jan
82 % May
v
Jan
Jan
122
<
Dec
44
*104%
STOCK
Railway Signal
6%
•
Dec
Jan
-
3
Jun
72%
Feb
(28
25% Jan
•
6
30>
76
27%
4
Jan
22% Jan
102 V2
'
>•
25% Jan
118
>
Public
3,400
43%
*43%
6%
307/u
20%
14%
103%
28%
Gen Public Service
Gen
2,600
14%
14%
103%
No par
series
Portland
Gen Precision
7
10
'
4Va Mar.
Outdoor
General
20%
6
6
20%
20%
19%
100
Corp
$3.75
900
19
preferred
Motors
7,500
29Va
—
preferred
Gen
3
3% Jan
12 Va Jan
11
23 Va Jan
7
t
17
4% Jan
"
General
'8
25% Jan
3
18%
14% Jan
V
4
Feb
18% May
4% May
13VaJan
2%
10%
*
6%
32%
17%
30Va
*29
14%
Par
125%
700
.4
31 %
5Va
57/a
30
*18V2
.9 per share
Feb
300
17 Va
1033A
EXCHANGE
Oct
93 Va
400
15
17.%
14%
Nopfer
YORK
40 Va
15
17%
103%
STOCKS
1
Highest
40 /a
15%
*2)Va
100
$3.50 preferred
28
40 Va
*15
14%
-No par
General Mills common—
4
*40
15%
103%
s
1,200
*
40Va
50
General Instrument
Corp
13
57/a
*28
19%
2,500
9%
17%
No par
:
52 % Jan
19 Va
9Va
17%
14%
No par
com
13 Va Jan
19%
1 503
6%
lb '/b
*74
*39%
103%
100
97 '/a Feb
123% Jan
19%
5Va
29%
9%
lo
VH%
17%
*14%
5
com
4
5"/a
*28%
29
9%
6%
6 %
16%
15%'.:
17%
*103%
Co—No par
Corp
5Va
29
5
28
Jun
5%
50
rv
6% I:'
16%
9'A
9V4
6%
6%
17
40
*15
1
*16%
9Va
40
15%
17'A
common
10% Feb
108
I per share
40%
15%
2nd preferred—
Electric
*40
17%
No par
General Foods
40Va
9
15Va
preferred—,
conv
9V8
17%
1.66%
50% Jan
128 %
Lowest
119
Co
General Cigar Co Inc
7% preferred
42% Jan 21
Feb
1st
9
6%
6%
6%
17
*6%
6%
6%
6%
6%
*16%
9JA
*40
6%
6%
*15%
com
GeneralCableCorp.com
4%
6%
17
*17%
^
Oct
53
Feb
97
Jan
Inc
13% Dec
Mar
40%
133
Industries
Baking
6%
*16%
par
General Bronze Corp_„
7
Jun
Co
$8 preferred
21
9
xl25
87%
19
Jan
50
*6Vn
6%
17
No par
(The)—___\__No
conv
General
6%
6%
9%
General American Investors com—l
$4.50 preferred
:
100
General Amer
Transportation
-5
$4.25 pfd series A__
No par
8
3
Wood
'
*16%
5
com
preferred
Co
6%
1
20
preferred
Gaylord Container Corp
6
106
conv
4Va %
7
Jan
46% Jan
3
Gar
20
105
Jan
160
May
Sep
2a % Jan
15 Va Jan
3
25
Dec
14 Va
15
31
13 % Jan
10 % Jan
159%
5%
4
July
Apr
72 'A
32% Feb
May
11 Va
Nov
3
com
Gamble-Skogmo Inc
3
•104% Feb
9% Mar
9
6% Feb
103% Jan
Jun
53 % May
Jan
3
19% Jan
18 Va May
Dec
3
27% Jan
May
105%
Jan
5% Jan
26 % May
99% Mar
42
9
Aug
1
Gair Co
RR
12%
No par
*47%
Corp
Qtofec
TTHUHp't
*93
com_No par
25
,
iHr,
\T,\
r»o-
95
95
*94
17
5%
*93
95
*94
17%
5%
95
95
*94
17
17
17
5%
93
5%
5%
5'/2
5%
*93
5%
95
*94
96
16%
0
30
17
%
0
6,200
Va
1,600
5,700
9^"/4
93
12%
12%
12%
12%
D%
12 Va
48
48%
47%
47 3A
*47%
66 V*
65 %
66JA
65%
66
64'A
17%
17%
17
17%
17%
17%
■'93
93
12%
12%
12%
12%
12%
48
48
48
48
48
66%
66%
65 3i
66
%
65 V*
17
17%
17
17%
l?W,
/
95
3/a
48.
120
600
66
•
17.UU0
17%
21,400
18
(614)
THE
COMMERCIAL
NEW
Ranee for Previous
Lowest
Highest
t per share
YORK
FINANCIAL
CHRONICLE
STOCK
YORK
Saturday
Monday
Tuesday
Jan. 81
Feb.
LOW
STOCK
EXCHANGE
.
t per share
$ per share
$ per share
NEW
Highest
Jan. Hi)
y'y, \
Par
Monday, February 7, 1949
RECORD
STOCKS
Range Since Jan. 1
Year 1048
Lowest
&
t per share
HIGH
AND
Wednesday
Thursday
$ per
Friday
Feb. 3
Feb. 2
$ per share
$ per share
PRICES
SALE
I
share
$
for
Sales
Feb. 4
the Week
$ per share
share
per
Shares
>
H
-
31
Feb
*
15%
Nov
;/
12%
Dec
,
35%
Oct
31
Jan
4
32% Feb
3
Hackensack
Water
22%'
J,
Sep
17 % Jan
3
19 % Jan
7
Halliburton
Oil
12
3
13 % Jan, 26
16% May
xl47/a May
Jan
12
Jan
17
79
Mar
89
Jan
73
Jan
24
Xl01%
Feb
107
Jun
105
Feb
1
Dec.1
12%
21%
Feb
146 Va
July
.
20%
Dec
4%
•
27%
Jun
22
Jan
Jan
148
Jan
59
8
12% Jan
Dec
79
Feb
11%
6%
Feb
i
Jan
6
4
24% Jan
19
65
Jan
Jan
14
7
4
7% Jan
28
21% Jan
4%%
10
Mar
26%
Jan
19% Feb
3
20%
Oct
27 %
July
20 % Jan
13
23% Feb,
Jan
91
Jun
84
Jan
17
88 % Feb
3
29%
Dec
42
Jan
30
Jan
3
35 va Feb
1
95%
Jan
103
98 'A Jail
14
100% Feb
4
22%
Nov
13
Hazel-Atlas
Hecht Co
3%%
23 % Jan
4
25 Va Jan
Dec
35%
Oct
22% May
4
14
41%
Dec:; s
57 %
43% Feb
120%
•V
25%
114
'17
w
Oct
Apr
125
128%
Feb
30%
Apr
27% Jan
11
27
29 % Jan
5
Jan
22
122
Jan
5%
27%
Feb
2
21% Jan
28% May
19 % Jan
18
21% Jan
7
79% Jan V/SV:
20
Jan
Hevden
Oct
86%
Jun
81% Jan
8
9
Dec
14%
Jan
9
Jan
9% Jan
7
Hilton
28
Mar
Hinde
&
Hires
Co
37
Jun
31
Jan
31% Jan
7
Dec
25%
Jan
12 % Jan
14% Jan
11
21%
Feb
29% May
22% Jan
24% Jan
7
9 %
Dec
16 % May
9% Jan
10% Jan
18
15 V4
Feb
30%
25
*
Dec
29 V8
Jun
xl9% Jan
Oct
30
25 % Jan
11
Homestake
29
13
Hooker
42%
Feb
34% Jan
35%
Jun
x27% Jan
Dec
102
Jan
104% Feb
11
Dec
18%
Jun
10% Jan
>12 % Jan
7
Dec
46%
Jan
30% Feb
32% Jan
15
103
Jan
27
Nov
34%
Jan
28 Ya Jan
17
30
Jan
Oct
94%
Jun
>86% Jan
6
93
Feb
3
38
Mar
20%. Feb
14
Dec
33
Jan
33/4
Oct
49
38%
23
Jun.
Jun
42
7
8% Dec
Sep
8 Va Jan
47% Jan
123/s
Dec
223/4
Jun/Apr
10 % Feb
4
10 Va
2
Dec
19
Dec
12%
Sep
t
5
3
,9% Jan
2V8 Jan
May
143/a
Jun
3
Feb
4
12
:
11 Va
5%
Lowest
45
__
$ per share
28
Jan
4
30% Jan
7
90
July
81
Feb
2
84:
Jan
7
35
Idaho
.
Co_
41% Jan
7
Industrial
Jan
3
155
Jan
8% Feb
15% Jan
26
11
1% Jan
4
3
92% Jan
Feb
156
Dec
xl45% Jan
5
x34%
Jun
25% Feb
4
28 % Jan
174%
Jun
164% Jan
3
170% Jan
9%
jun
7% Jan
3
38% Jun
26
Jan
14
29
Jan
71
93
Jun
73% Jan
17
79
5% May
34% Oct
3% Jan
3
29% Jan
29%
93
46^/8
46%
33
32
29V4
93%
*92 Va
3
3
142% Jan
47% Feb
4
53% Jan
Jan
5
No par
t
Corp
14
6
May
Jan
6
7
Jan
46%
46
46
46
46
32
32%
32%
32%
32%
32%
32%
*14%
•
l
*14%
15
14%
14%
14%
14%
5
*43%
441%
42 Va
43%
42
42%
common__100
preferred-.:.
7%
93
46%
32%
31
7%
7%
7%
7%
7%
*10%
11%
*10%
11%
*10%
43%
44%
43%
44%
12%
12%
12%
12%
43%
44
12%
12%
46%
32 %
.
:
7%
*10%
44%
43%
44
3.000
11%
11%
11%
10 %•
11
13,800
xll'/a
12
10%
10%
10%
10%
10%
10%
10%
10%
2%
2%
2%
2%
2%
2%
21/4
2%
12%
12^4
12 %
12%
*12 VB
12%
*12%
12%
100
10%
LOW
Monday
$ per
—20
32
ser A__100
100
32%
82%
82
82%
*95
26%
26%
*95
98
25%
No par5
'
98
-
25%
the Week
Shares
•
32%
32 %
33
33 Va
33%
28 3a
28 Va
283,4
27%
28
27%.
83
81
81
*81V
83
*78
9r
98
*95
98
*95
98
25%
25 3/4
253*4
*25
25%
25
*25
27 %
27%
27%
28%
28
28/i
'T
25 %
26%
'
t per share
33
*?2Va
•:»
27 Va
2
1
i
*95
'
X
:: 27%
for
Sales
Feb. 4
Feb. 3
$ per share
$ per share
*95
28%"
7l0
Friday
Thursday
Feb. 2
*24%
32%
28
*25 Va
.1000
2,000
12
*81
32%
* 81 Va
,
"
000
2%
2%
12
.
PRICES
Wednesday
$ per share
28%
%f
SALE
Feb. I
t per share
share
HIGH
Tuesday
28%
100
AND
Jan. 31
10%
10
/
2%
13%
Jan. 29
Mex,
10%
,t
10%
2%
Saturday
A
4,300
*10%
*43%
*12%
STOCK
coriv pfd
7%
11%
441/4
44
No par
common.
2,500 '
42%
7%
■
2L0
15
42%
42%
7%
7%
*14%
15
42
1
De
110
1.600
7,300
•
—6.66%
series
800
1
29 Va
93
47%
*14%
15
42%
V8
7%
*10%
No par
*.
4z
11%
100
par
33%
1,200
28%
7,600
81
too
;
28%
9 Va
:
'170
17,'.00
9%
V
1
9%
9%
9%
8%
9%
*9%
9 Va
9 3/a
9%
23%
23%
23%
23 3a
*23 Va
23 3/a
23 %
239a
23 %
23%
8%
par
S A.__
8%
8Va
8V4
*8 Va
9
8Va
8 Va
*8 Va
33%
39
39%
3994
39%
1.700
6IV4
62
62
62
X63
63
*60
63
1.000
*155
160
*155
160
*155
160
preferred
100
*153
159
*153
159
__No par
39%
39%
3934
40%
39%
40 Va
20
17%
17 %
17%:
17 %
17%
17%
38%
39
>
23%
*8
9
1,400
9Va "
23 Va
2,400
9
39 V4
39 Va
39%
:v
300
''
1
*7%
8%
5
*15%
15%
100
*90%
91
Corp common
preferred——
„
Rubber
No par
Harvester
*12%
No par
Machine
2 -V?
No par
J
Iron
Business
*>56 Va
2
13%
159
No par
25%
100
*168%
170 Va
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
5
63a
6%
7%
common
preferred
4%
I
;
,
preferred
26%
*80
100
26
26%
85
*155
8%
*8
15%
•15V4
90%
15%
89%
TO
90
90 %
90%
1%
*90
1%
13 Va
13%
13
155%
26%
*8
8%
15
156%
*80
Z.uo J
*3
156%
6%
5,300
17 %
8V4
13%
25%
40
17
15 %
*1%
169
39 %
17 VB
15
80%
26
25%
170%
169
6%
6%
Mining
26%
26%
82
*80
3%
2
*l7/a
2
13%
13%
156
13%
160
158
25%
25%
169
6 Va
6%
25 %
169
Int'l Nickel of
Canada
156
International
Paper
$4 preferred—
*80
6%
2,600
26%
4,000
*80
82
81%
4%
4%
4%
4%
43/8
4%
4%
com__No par
30%
30%
30V4
30%
30%
30%
30%
30 Va
30%
30%
30%
*141'%
143%
*141 Va
143%
*142%
144 Va
142 Va
144%
*142%
144'/a
*142%
49
48 Va
49'/a
95
94
95
15
No
,
481/4
par
*94%
48%
97
48 Va
*94
48%
48
*94
97
48%
48%
*94
96
140
6%
4%
com
19.300
26'/a
*4Va
Co
2,900
25%
168
6%
4%
*
•700
2,700
159%'
25 %
4Va
Preferred
70
1%
26%
23
82
3,200
13 %
*167%
169
200
14%
90%
1%
25%
-
8%
14%
160
6 3/8
6%
*80,
82
158
27
26%
26%
,
26
170
xl67
;
1
Corp
-i
40%
17 Va
8%
13%
-
40
17%
15%
90%
■
40 %
17%
•
8 Vs
>>2 ■■■■->'
:■
'?■'
40 %
V 15%
-
,
l3»/a
2
160
100
International
8
Jan
66% Jan
4
64
Jun
57;Jan
31
60
Jan
Nov
45
Jan
41
Jan
3
44
65% July
53
Jan
32
Jan
Int'l Rys of Cent Amer com—No par
Jan 27
107%
35
Mar
70% Jart 27
57% Jan
34
—
5% preferred
International
Salt
4
International
13
Jan 27
7%
16%
Jun
8% Jan
10% Jan
28
Nov
16%
Jun
8% Jan
10% Jan
31
Foreign
20
Interstate
17% Mar
26% May
19% Jan
20% Jan
22% Mar
35%
24
Jan
29
Feb
39% May
29% Feb
32
Jan
21
148
Feb
2
Jun
145
May
10
May
146
Jan
4Va Feb
4
5% Jan
$6
*69
70
69
59%
57
57
*56
59
43%
43
43 Va
43
43
55%
55
55%
*54%
55 %
34
*33%
34
*33%
93/4
10
9%
10
9%
10
10 Va
..No par
10
Dept
—No par
t 19%
Stores
No par
Island Creek Coal common..!
,
>
No par
preferred
,
19%
*27%.
28%
30%
50c
30%
*146
1
*6%
6 Va
70
share- ctfs
Intertype Corp
*6 Va
*33%
25
;
6%
*43%
553/4
25
common
*6 Va
*57.
r_No par
International Telep & Teleg
1
29
Shoe
6 %
*69%
No par
preferred
Nov
87/8
6%
100
.
International Silver
8%
150
*19%
28%
*30
*146
10 Va
69 %
69 %
47
%
*95
4%
5,400
30%.
13,900
144
48%
10,900
97
69%
x68 %
400
69
59
69%
6 %
*56%
59
*56%
43
42%
42%
54%
54%
*54'%
55%
34
34
10 Va
34
*33
34
9%
*9%
10
20
20
28'/2
?R%
29
30'/a
30%
30%
*146
69 %
6%
6%
43
20
150
6%
59
*56%
"10
i
.
•
150
*33
9%
33,000
9%
9%
1,100
20 %
20%
20%
28%
*27%'
21
*20%
29
*28
30%
29%
*146
148
■
'29%
30
*146
149%
43/8r
*43/8
4%
3
18% Jan
24
No par
*18
19
18%
18%
*18
18%.
*18%
18%
15%
'.18%
Jan
3
83% Jan
13
d__100
*81%
82 3/4
*813/4
82%
*81%
823/4
82%
82
82 3 4
823/4
.No par
44%
44%
44%
44%
44%
45
45
46
46
100
*96%
44%
97%
*96%
97 %
4Va
4%
15% Feb
Feb
48
May
44
Jan
24
46% Jan
6
89%
Oct
99
May
95% Jan
17
97% Jan
24
33%
Sep
42%
Jun
100%
Feb
113%
Jun
203/4
Feb
35
Oct
Dec
106
158
Jun
40% Jan
110% Jan
36
Jan
102% Jan
3
303
Jan
U
•
Jewel Tea Co Inc
3%%
com
preferred—
7
\ -■ L
—
1
.-'.L—
4%
4%
4%
4%
4%
•
12
28
1
7
27
373/4 Jan
108
May
Jan
17
Jan
31% Jan
Co.
.No par
38%
100
4%
Joliet
*107
'
12%
*31%
2nd preferred ser
—100
*101%
&
I
*153
—
Chicago RR stf
29 % Mar
39%
Oct
29% Jan
3
33% Jan
7
83%
Feb
93%
Apr
83% Feb
1
86
Jan
3
Jones & Laughlin Steel <
5 % preferred series /
30%
Nov
43%
Jun
36% Jan
4
39% Jan
7
Joy
11%
Dec
21
May
11% Feb
12% Jan
8
Manufacturing
TOO
'
1
38%
110%
*96%
37%
109
97%'/
*96%
4%
Va
97 %
*96%
39
97%
39%
•
'
15 %
*82
45%
,:
*96%
'
:
383/8
39
38%
39 %
109
38 %
109
109
109%
109 Va
*108%
32
32
3234
33 %
32 %
33
104
*102%
104
*
160
*153
160
*153
38'A
313/4
31%
103%
*101%
103 Va
*101%
103 %
*102%
160
*153
160
*153
160
*153
32
200
9%
81
L)
34
9%
Jun
(F
1,100
9%
Jan
Jacobs
54%
9%
23%
8
100
1,400
53
>
42 %
9%
30%
148
460
42%
10 '/a
29
*20 Va
v.
500
6%
10
92%
39%
145
29%
.
'
Dec
99
'46%
*46
25
c
common
Int'l
.
1041%
'
4%
Int'l
7
95% Jan 24
Jan
4% Dec
Dec
18
79% Dec
v
63
21
94
July
29%
94
*92%
*62
4%%
7
39%
.
29%
94
63
Interlake
10
52%
Jan
29'%
->
39
25
137% Jan
139% July
64% Jun
Jan
4% Jan
31% Jan
65
137%
104'/a
93
Intercontinental
8
Nov
104
29%
Insuranshares Ctfs Inc
24
5% Jan
23% Feb
Mar
1041/4
*38 %
.20
30
1041/4
29%
Interchemical
7
Oct
Mar
103%-
*92/2
Inspiration Consol Copper
8
Dec
43
1,500
*62
25
2y8 Jan
26%
Dec
8,100
27%
No par
6%
7
13% Jan
162
; Jan 25
125%
5%
37 %
27%
Inland_Steel Co
2
4
12% Jan
99
36'%
28
*29'/a
Ingersoll-Rand
86% Jan
Feb
37%
28
No par
Co
67
3% May
86
36%
28V4
94 Va
Power
5
16% May
42% Mar
36V2
28%
23%
ctfs
17
Dec
Jan
36%
28%
*93
lines
37% Jan
Feb
135
3b %
28
100
YORK
61% Jan
1%
Dec
uO u/8
27%
*29%
1
com
Rayon
3Vs Mar
35%
103 Va
28
260
.X.
Jun
3
800
34%
x27 %
35Vs
3,31" 0
Car
Jun
Jan
600
25%
11%
Electrica
8
200
21%
25 Va
31
Industria
8
10
21%
26
21%
10
21%
*25%
10 Va
22
104 Va
Indianapolis Power & Light—No
13% Jan
25%
11 %
Illinois Terminal RR Co
8% May
251/2
30%
7
23% May
*21%
26
11%
10
.
10%
*10
22
31%
27
8
*10
10%
*21 Va
*25%
•
11%
8% Jan
24"% Mar
10%
26
31%
10% Jan
11%
-
11.
21%
.
300
4,200
11%
23% Jan
Nov
26
100
24 %
31%
1
5%
21%
26
24
11%
4
160
*10%
22
*25%
1,900
14
*30%
3
11
9%
32
13 %
31%
Jan
103
11
*21%
*30%
32
11%
9% Feb
Dec
*10%
*30%
104%
21% Jan
Jan
*9%
V
11%
Jun
18% Jan
'
*30%
Jan
41% Jan
9%
84
*82%
84
Q3'„
9%
*103%
Jun
4
1,000
31%
15%
3
19%
11%
25%
11
*82%
83Va
9%
130
GOO
19V2
19%
Ilia
12%
Jan
19%
31 1/4
Nov
Feb
20
800
20%
32
Feb
17
29
120
*19%
11%
Illinois
36% Jan
19 %
'
20
103%
4
155
20
11%
28 % Feb
Jun
20
*82
9%
29
120
29%
*30%
4
NOV
83%
9%
40J
6,900
/
*102%
Nov
86
■'
9%
5
25% Jan
Dec
9%
10
30
Feb
93/8
125%
120
20
*
19%
*82
83%
9%
30.
21
6%
19%
*123%
*29
120
24%
V, 4
21% May
20%
119V4
24%
7%
13
20%
125%
29 '/a
119%
*29
24 %
Jan
47%
*123%
29
119%
233/4
96
160
126
90
44%
23%
28% Jan
Feb
*123%
43%
'
23%
4
Feb
126%
>
44%
23 %
4
15%
44'/a
23
Feb
34% Mar
45
22%
20%
150
443/,
*22%
Jan'
56
|jf,
14
14%
5
96
•76%
/l=
'
13%
*14
Co
25
;
13%
*30%
97% May
8
25
37%
37Va-
13%
*
37% July
May
25
37%
1/4
*37%
13%
Inc
stock
300
37%
2o
:
32
Power Co—
Leased
25 Va
*37%
*25
100%
50
non-cum
RR
*24%
25 %
100%
13%
Illinois Central RR Co
6%
1G0
38
29
20-
*82
83%
100%
100
14*
119
21
19%
100%
100
13%
Sep
Dec
20
900
14
*125
29%
118
*20%
;
60
353/,
13%
Jan
Nov
*82
Par
7
27% Feb
38%
118
89%
*35
"•%
'126%
*29
117%
21
*19%
10
$ per share
32% Jan
58%
29%
21
1
*1°5
127
29
117%
EXCHANGE
Jun
26% Aug
*125
*87
35%
No par
Motor
NEW
July
9%
44%
44%
88%
35
13%
Manhattan
Highest
42 %
24%
'<
44%
400
88%
35 Va
100%
25 %
'
32
Corp
35%
4 95
25%
,
83
88
*35
*37%
Hussman Refrigerator Co
Apr
wJ
*99%
\
Co
Foods
*25
25 %
88:
35%
35
99%
23%
com
Stores
Hunt
93%
*80%
14
preferred
Hupp
Range Since Jan. 1
$ per share
62% Feb
%
35
20
*22%
preferred
non-cum
Hudson
27% Mar
y
25
88
*34%
37%
& Sons
conv
&
*86%
-,
^*99%, 100%
34%
Jan
—.
Highest
30 %
;
34%
STOCKS
Year 1948
I per share
87
*34%
*27%
Range for Previous
Lowest
*85%
37%
Hiyison Bay Min & Sm Ltd—No
Jan
5,6.0
23%
*13%
Mining
2% Jan
14
19%
23%
5
Hudson
14 Va Jan
19%
23%
19%
22%
*30%
Household Finance
11% Jan
4
19%
*22%
20
*13%
Howe Sound
4
19%
*22%
13%
Howard
17
13%
22%
31%
20
Jan
20%
22%
13%
20
43% Feb
20
22%
31%
Jan
10% Feb
20%
22%.
13%
15
Nov
20 %
31 %
46 % Jan
143/4. May
4,100
*31%
Houston Light & Power
Houston Oil of Texas v
50
100
7%
*13
19
Sep
7%
7%
1
12
Jan
10
66%
7%
7 %
14
Co
48% Jan
8 3/4
*64
7%
7%
The
35% Jan
343/a
66%
*7%
7-/a
5
1
Feb
*64
7%
100
6
14% Jan
47
66%
100
5
7 %
38
^
4
Feb,
31
*64
60
600
22%
5
73/8
5
4
43% Jan
Jun
5%
7%
12.50
3%%
*5
7%
No par
Corp
Houdaille-Hershey
26
81
53/8
7%
*13%
j.
Electrochemical
$2.25
22%
22 Va
22%
.05
70
600
22%
149
*7%
pfd series A $4.50 div_No par
2nd
3
C6%
22%
148%
7%
*36%
preferred-.:
conv
*64
0
800
200
107
7%
10
Sugar Corp
5%
66%
,
5%
;_No par
com
Paper
E)
(A)
37% Jan
Nov
Nov
Dec
29%
A
Hollander
*5
*106 ~
149
*147
23
*22%
5%
22%
22%
;
7%
100
Furnace
Holly
24%
"
Holland
23
149
22%
22%
*5
No par
Corp
(C
23
*147
22%
12
75
*74%
75
107
150
new__25
common
Dauch
75
*106
*7%
new,.
preferred
cum
74%
108 Va
7%
Inc
Hotels
*147
12
12%
743/4
200
7%
preference—No par
22% Jan 21
26% Jan 11
99
-
3%%
i.eoo
7%
100
^
preferred
Chemical
2,400
12%
106%
*64
65
12%
18%
12%
75
22%
23
12'A
*12
32
17%
*7%
25
common
Hewitt-Robins
12%
32
12%
..
5
preferred
conv
78
12%
W)
*22
S-
5%
*32
105
*74%
105
150
22%
•
12Va
18%
18%
12%
22%
22%
*147
100
Hershey Chocolate
26
Nov
65
15
Motors
Hercules Powder
$4
*5
Co
common
non-cum
Hercules
15
*22
183,4
12%
32%
32%
18%
13 %
2
preferred
(G
7%
13
127 Va Jan
3
116% Jan
Helme
7
46% Jan
123'/a July
Jan
Nov
177/a
V
Dec
Mar
24%
Co
22%
32%
18%
12%
75
106
10J-
150
32%
13%
12%
*74
74
107
*31%
*12%
•
ll
*
preferred
(H J)
*22%
10
common
3.65%
37% Jan 28
Dec
34% Jail
13 Va Jan
6
13%
J
Nov
34%
'.■'I
Heinz
y
*147
100
Glass
13%
*12
ll
—
A
c.ass
preferred
"
May
Marx_
Hayes Industries Inc
Hayes Mfg Corp:
4
78
&
Corp of Amer
18%
12%
12%
*105%
100
Schaffner
Hat
23
8
9% Jan
7% Jan
ii
preferred
Hart
•
5% Jan, 14
5
'6%
v
32%
18%
18%
13
74
(M. A) Co $4.25 pfd__No par
Harbison-Walk Refrac com—No par
13
Feb
*31%
*12%
32%
18%
13
Hanna
Jun
•
*31%
Hamilton Watch Co com_____No par
4 '/o conv preferred
^
100
2
23% Jan
20
61
Jan
7
van
■149
3
4% Jan
Jun
6%
x20
20% Jan
34 % May
25
*
Well Cementing
5
Printing Co
-5
Ft
bx
14
Dec
(W
106% Feb
24
150%
Hall
111%
*109
33%
102 %
203/4
630:
28
2,500
29%
1,jO»
149%
30
43/a
15%
2,000
1,000
•
50
84
900
45%
97
39
-
11 000
110%
100
.'33 %
1,800
ii—
104
160
31% X-
6,300
.No par
31%
32 V8
31%
32
313/4
32 %
31%
323/8
313/4
32
—100
84.
84
83%
83%
83%
83%
83%
84 Va
83%
84%
*83%
84 3/4
490
38%
33%
37%
38>/4
6,200
1
37%
-10
*11%
ll3/4
.100
*97 '
98%
.100
*101 %
101%
*101%
101%
par
37%
373/4
373/8
37%
Co.
38 3/a
38%
38%
38%
11%
*11%
98 Va
*97
383/4
38 3
8
38%
11%
11%
113/4
98
98 Va
K
V4:
Kansas
>.89
Nov
May
98
94 % Jan
101% Jan
98%
Dec
101%
Dec
23%
Feb
48%
Oct
48% Mar
60 %
13%
Dec
18
20%
Feb
15%
Dec
Jun
26 %
For
37
Feb
52
Jan
98 % Feb
102
2
Jan
14
40% Jan
24
City
Jan
4%
cum
;
preferred
:
t
4%
non-cum
preferred—
May
13% Feb
14% Jan
7
Kayser
July
22% July
20 % Feb
21% Jan
8
Kelsey Hayes Wheel conv
15% Feb
17% Jan
7
footnotes
see
page
24.
Class
(Juliusl
B
11%
11%
11%
11%
99
*98 Va
99%
102
*101%
11%
.
X
900
Power & Lt Co—
preferred
21
56
3.80%
&
.100
X
*55 Va
56
*97
*55 V8
*10138
V *101%
37%
38%
38%
38 Va
38 Va
38%
553/4
*55 Vs
55%
Z5%
553/4
5E%
56
*98
98%
1013/4
102
,
*101%
102
37
38
553/4 '
553/4
40
—
5,000
4C0
—5
Co
1
•*13 3/4
14
13%
13%
17%
13%
13%
13%
14
14
14
14
A_1
*20%
21%
20%
20%
*20%
21
20 %
20 %
203/4
20%
20%
20%
900
1
*15%
15%
15 34
15 3
*15%
15%
15%
153/4
15%
153/4
15%
15%
900
4
1,000
Volume
169
Number
4775
THE
COMMERCIAL
NEW
Range for Previous
•I"''.;
iu4«
jiear
Lowest
Range Since Jan.
Highest
$ per thare
Lowest
S per share
42%
Feb
60%
Oct'
49
4J'/b
Nov
51
Apr
40% Feb
12%
Dec
Oct
12
19
Feb
92
1
11%
16%
NEW
Feb
4
56% Jan
4
46% Jan
13% Jan
7,
12
20% Jan
4
22% Jan
93% Jan
97% Jan
12% Jan
24
64
66 % Feb
31% Jan
7
Jan
75
29%
Dec
37%
69
Nov
95 %
July
32
Feb'
39%
Jun
July
45%
Feb
58 %
40%
Nov
49
Oct
Jan
29% Jan
91
Jan
98
36% Jan
Jan
Kimberly-Clark Corp
Kinney
Co
n;
52%
51%
51 %
43%
43%
*43%
44%
12%
12
12
12
12
20%
20%
20%
20%
20%
97
07
26
tl/o
preierred
20%
*96
97%
*96
97%
Friday
Feb. 3
Sales
Feb. 4
1 per share
share
for
the Week
1 per share
Shares
51%
51%
51%
49
50%
431%
43%
42%
43
40%
42
2,500
12%
12
12%
12
12
2,600
*12
50%
21,200
21
*20%
2IV4
20%
20%
1,800
*96
97%
*961/4
97'A
97%
97%
170
20%
1
*12%
13%
*12%
13%
*12%
13%
*12%
13%
*12%
13%
12%
12%
*65%
66%
*651/2
66%
66%
6 6'/a
66 Vb
66'%
66%
66%
29%
29%
29%
29 Va
30
30 »/4
30'A
30%
*65'%
30%
30
10
*651%
30%
30%
30%
6,600
97
97
96
96
97%
97%
96%
96'%
common
100
—
100
10
37%
37%
37%
37%
37%
*96'%
37%
38
No par
97%
37%
37%
37%
37%
37%
3,000
*54%
54%
54%
54%
54%
54%
54%
54%
53%
54 %
800
46 %
54%
46%
*54%
-—No par
46%
461/4
47%
47%
47%
47%
47%
*47%
47%
1,700
4
5%
5%
5%
5%
5%
pfd—75 Pesos Mex
5%
5%
19%
5%
5%
*5%
19 %
*19 Vb
38% Jan 20
Kresge' (S S)
53% Jan
55% Jan
20
48% Jan
25
Kress (S H) & Co
Kroger Co (The) ___•
Jun
50%
43%
$ per
share
No par
common
43
Oct
51%
$ per
.
Thursday
Feb. 2
43%
100
$5 prior preferred—.
Koppers Co Inc
Wednesday
1
.
51
*12
No par
com
Conv 2nd preferred
Feb
t per share
5
19
HIGH SAL* PRICES
AND
Tuesday
Jan. 31
t per share
No par
4
Mar
LOW
Jan. 21)
No par
4%
Monday
(615)
RECORD
Saturday
Kennecott Copper
13
12% Jan
STOCK
STOCK
Kern County Land Co
Keystone Steel & Wire Co
11
CHRONICLE
,
Par
7
28
104% July
14% Jun
Oct
YORK
■
t per share
May
;
YORK
FINANCIAL
EXCHANGE
,
Jan
24
Feb
63
1
Highest
t per share
STOCKS
■'
&
Co
-
46
70
97
*96
L
4%
Feb
4'%
6% May
12
24
Mar
9% Mar
42
Mar
26% Jan
Jreo
99.. ;
Jun
90% Jan
20
10% Jan
3
39
Dec
37
No par
No par
Jan
Jan
19
Lane-Weils
Co
% Jan
3
Jan
Lehigh
Valley RR.,—_
Lehigh Valley Coal com—
8
24% Jan
3
12
29
v
8% Jan
$3
12
v50c
3
10
Jan
20
Feb
26%
Jun
20% Jan
3
23
Jan
24
Lerner
Dec
56%
Jun
44% Jan
4
50
Feb
28%
Jan
8% Jan
35% Feb
4
34% Jan
10*
Lehman
1
3
•
Jan
851/4 Jan
3
88% Jan
174% Mar
171% Jan
6
1743/4 Jan
40% Jan
25
13%
Feb
Jun
H
63
22
d u ll
in
10% Jan
1
66% Jan
40% Jan
3
46
V8 Jan
23%
Jan
14% Feb
4
17
Jan
85
Jun
75% Feb
4
78
Jan
13%
Jan
24%
Jun
16% Jan
3
18 3/4 Jan
20% May
68% Jim
Feb
Nov
18
Feb
158
Oil
_
46
21
Lone
23
Jan
20
Long Bell
20% Jan
20
3
Jan
28
156
Feb
23
Nov
25
Nov
23% Jan
37
Dec
50
May
37%, Jan
Feb
91
Dec
35% May
98% July
17
Nov
24%
4
24% Jan
3
31
11
Jan
14
24
Jan
24
95
Jan
41'% Jan
22
Jan
14
96
Jan
10
25
16% Jan
5
20
Jan
26
/
86%
37%
37%
37%
1,200
51/8
2,000
2%
3,000
V
,
44%
.9%
9%
21%
48%
/••/:
63 %
63
43%
42%
631%
42 34
16%
16
16%
78
*76
17%
14%
14%
35%
*37 %
■
85'A
1,300
3,300
*172%
173
*37%
>
39
100
9
6,900
39
v'.-Z'-'S
35
86%
35
87
172 %
9 '!■■■
9
63%
63 %
63%
63
42%
423/4
42
44%
16%
15%
153/4
14%
153/a
78
75%
.75%
80
17
■:
17%
*75V2
17%
,
17%
16%
14%
14 3/8
14%
65%
65
65%
A'
17% V
141/4
65
v
20%
20%
20%
*20%
21%
20%
20%
20%
20 3/8
20%
20%
20%
203/a
24%
24%
39
22%
*153
24%
38%
155
155
155
156
156
*24%
24 %
24 Va
24%
38%
383A
38%
39
38 3/4
383/4
22%;
22
22%
*22%
22%
223/b
96%,
*95
96%
*95
96%
18%
*
18%
171%
*17%
3.7%
*243/t
25
156
100
4,500
14,900
1,200
•
21
203/a
Dec
40
Jan
129
Oct
142
Feb
133/a
Dec
27%
30% Mar
943/8
10
Nov
Feb
49"
36% Jan
10
95% Jan
1^
10
333/a Jan
G
98% Jan
MacAndrews
4
153/a Jan
■
6
IOV4 Jan
3
1eo
31
1
G%
Trucks
Macy
(R
4%%
3
13
Jan
22
Madison
18
Feb
1
20
Jan
10
Magma
16
Feb
4
19% Jan
500
•
Jr<n
1"
Jan
12
Nov
103/4
Sep
7
Jan
3
7% Jan
20
Dec
133/a
Jun
7%
Jan
3
8% Jan
12
15%
Dec
26
Jan
16% Jan
10
173/4 Jan
19
5%
Feb
14%
Jun
7% Feb
4
8% Jan
7
25% May
Dec
6V2
22%
Dec
92%
Dec
Nov
22%
25
21% Jan
6% Jain
13
6% Jan
17%
16% Jan
5
17% Jan
20
29% May
Jun
22'/a Jan
11%
Dec
193/4
471/2
Feb
18
Dec
27'/4
Feb
Jan
45
102
9% Feb
11 5/b Jan
Jan
29
7
4
371/2 Jan
171
4
Jan
156
60
:
>
24%
243/4
400
=:
fVv-
*
38%
383/4
1,100
•
*22%
22%
1,000
*95
22%
96%
96
96
*17%
18%
17%
17%
42
Jun
89
4
93% Feb
1
3
84
Feb
77%
Aug
83/4
Dec
33
,
Apr
21
Jun
85
Jan
89
43%
Jan
112
Dec
Jan
41%
11
93
Feb
Jan
21
83'/8
9
Jan
5
323/i, Feb
:
Jan
82
12 % May
Dec
110
93
.
Jan
4
/ '
110
-
25
V
50
200
25
Jan
36'/2 May
I per share
30% Jan
3
33
.
90
Jan
4
96
Jan
Jan
33%, Jan
29
36
Jan
31
Dec
30% Jan
93% Jan
12
24%
Jun
20
17
Jan
4
33% Feb
97
cum
No par
9%
No par
„.
*32%
19
8
•
YORK
16% Jan
6
171/a Jan
24
171% Jan
15
4
1
com
preferred
1
—
Publishing—No
Porcupine Mines
Co
Jun
77
Feb
3
82
Jan
Dec
46'/2 May
32% Jan
4
34
Jan
12
Dec
25
20% Jan
3
21 % Feb
3
11%
Dec
Jun
; 50% May
3
13% Jan
Jan
6
49
Jan
22
13% Jan
;
111/4 Jan
46
<
Jun
7
14% Jan
20
8% Jan
3
8% Jan
2nd
4%
Melville
8
Mengel
5%
pfd
Corp
(The). common
Co
1st
conv
Mercantile
20
Merch
&
Merck
&
Min
Co
Transp
Feb
63% July'
56% Jan
3
61% Feb-'.- 2
85%
Nov
95%
Jun
90
Jan
3
92% Jan
19
17%
Feb
27%
Jun
22% Feb
3
23 % Jan
20
35%
Dec
Merritt-Chapman
44%
Jun
35% Jan
4
38% Jan
26
Mesta
97'/2 Jan
3
100% Jan
23
Metropolitan
106% Jan
4
109 % Feb
4
92
13
38i/4
Nov
104% May
Nov
106 %
Feb
Feb
35
Mar
128
Dec
11
Nov
16
9'/8 Mar
14
42%
Nov
87
Nov
54% Mar
98%
Oct
10% Mar
109
42%
4
131/4
56%
Jun
Feb
Dec
P
Feb
Dec
Jan
173
*170
173
*170
40
40
Jun '
July
Jan
24
25
89
661/2 Jan 21
4
Jan
71% Feb
105
Jan
14% Jan
9%
34
110
111
21
21
23% Jan
35
2IV4 jan
Jan
11 V8 Ja
n
23 i/s Feb
*110
20%
Monday
AND HIGH SALE
share
33
96
*95%
97
33%
*33 %
34
26%
32%
26
26
26
*26
46 %
46
46
46
33%
33%
98 /
97
*95
20%
-
*95
20
20
18
17
17
16%
16 %
20%
*20
*16%
1
21%
21%
21%
21 %
21
12%
12%
45 V
49
5
-14
*8%
'
9
*8%
14%
8%
12%
*46%
14%
*0%
12 %
12%
48
14%
9
60%
60%
60%
61
92%
*91
94
22%
22%
22Va
221%
37%
37 %
37'/4
37%
*8%
61
*90%
*99%
*108%
10
com——No par
13%
100%
13%
993%
109
13%
13%
43%
43%
42 3/4
43%
41 %
41
41%
*135
137%
13%
43
*41%
1041/4
104.1/4
preferred
7%
—No par
Corp
preferred
Z
RR
10
com
No par
series
Mohawk
Mojud
A....
Carpet Mills....
Hosiery Co Inc.—
Monarch
Machine
Tool
100
20
1.25
—No par
13%
13%
13%
13%
117%
117%
1173/a
117%
114
48 %
47%
47%
48
48
5%
21
5%
21 %
5
20%
5%
21%
*33%
34 %
*33
34
*10
10%
*10
10%
*22 %
24
*22%
24
13%
51/4
21
*33
10%
*221/2
13%
13%
89
Mo-Kan-Texas
*8%
60%
1,700
14%
1,600
8%
61%
3,000
94
94
22%
22%
*91
*21%
22
1,600
37%
2,000
37%
38
37
997%
100
100
100
510
109%
IO91/2
109%
220
*109
46
69%
Moline
12
13%
46%
Minn
8%
61%
1,700
48
13%
41%
691%
105
*8%
60
*91
12
*45
44I/2
89
*104%
14%
13%
69%
<
12%
48
70
100
21%
40%
88 %
.
12%*
14%
211/2
13%
46%
105
34
44
69%
*104%
77
21%
*45
100
16 'A
76
>30
43
881/2
———No par
Power Impl com
1
109
21%
16
*
13%
46 3/8
$4 preferred
37%
100
991/4
16%
77
34
42
69
69
1,80(J
16%
77
*32%
41%
<zh7
46%
No par
20O
43%
88%
3
A—100
500
17%
4?%
*45%
com
series
Mfg
20
43
*87 %
Regul
pfd
20
*16%
42
10%
&
221/2
109
13%
10%
conv
2,400
*
43%
103/4
Min
4,300
33%
96%
461/2
42
10%
SS Marie.
136
94
37'%
100
*108 %
61%
22%
37%
99%
1083A
41%
.
371/4
99%
9
61%
*91
22%
1083/4
109
12%
*47
*14%
92%
100
21%
14 '/a
*60%
22%
16%
49
*90%
47%
33%
17%
34
800
96%
20%
78
137
137%
137%
12%
12%
12 '/4
10%
11
11
47
14
116%
48
5%
21'%
34
46%
46%
1?R%
10%
10%
1,300
46
46%
89
70%
71
14
13%
116%
5%
21%
47%
.
5%,
21%
40
1,400
11
*87%
47 %
3,800
'
*10%"!
70
116
5,800
12
89
104%
138%
11 %
69%
*104%
*137
2,000
...:
12%
12
*87%
/
10
400
47%
*20
*32
/
26%
-
1
.
96%
*16%
*76%
700
-
33%
17%
16%
321/4
46%
20%
21%
Shares
331/4
*95
34
10%
3.20%
33%
17
No par
Minn
46%
33%
17
12%
&
*26
20
121/4
P
26'/2
96%
12%
St
26%
*95
12%
Minn
97
32%
for
the Week
26%
16%
Sales
Feb. 4
I per share
34%
79
14
6°
l.oGJ
Friday
Feb. 3
I per share
*95%
16%
12%
Thursday
;
*34
78
49
200
m
22%
34%
*33
14
30
700
w
110%'
*21%
32%
80%
12%
110%
21%
971/4
33%
*45
9%
32%
341/2
33%
•
9
323/b
32%
46
211%
210
823/4
*951/2
97
%
30
93
34
*26
33%
93%
:
97
34
16%
*79
;_5
Minn-Honeywell
32%
*95%
46
1,600
PRICES
32%
32%
:
111%
21%
Wednesday
I per share
33%
9%
33
*110
21%
$ per share
32%
*92
*82
*9
111 %
40%
*92%
93
6,200
173
40%
823/4
*32%
Feb. 2
96
33 %
9%
Feb. 1
33%
pfd.100
series
93
92
*82
33
21%
Tuesday
Jan. 31
S per
21
12%
$6.50
32
111%
*110
—No par
Mission
10% Jan
*9
80%
,
*91%
82%
33
Minneap & St Louis Ry
541% Jan
Jan
9%
33%
137%
123% Jan
Jan
,V
*135%
Feb
Feb
3.90%
82%
32 %
*9
*
100
Feb
6
92
preferred—
44
Jun
1st
8%
*91
3
Copper
114
4% Feb
Edison
preferred
Steel
93
92
No par
Scott
Co.——
Prod
19% Feb
29% July
4.35%
&
40%
93%
1
Petroleum
12% Jan
87% Jan
13% Jan
Machine
40%
*91
No par
Miami.
139
173
35%
No par
common
Midland
Jan
Jan
Inc
Mid-Continent
Jan
104
Co
7
12
9% July
44
3,100
*170
*170
32%
16%
3%
preferred
4
Feb
47
Jun
$3.50
46)
44% Jan
181/2 July
Oct
T5%
16%
413/4
*79
—1
Co
47% Jan
Jan
Apr
May
34
40 7/8 Feb
41
130
•
.
Inc
8
July
121%
Feb
14% Jan
9% Jan
May
'73V2
13% Feb
11% Jan
78
Feb
<
May
98
105%
Nov
x331/4
?r%
.
Dec
19% May
69% May
51% Dec
140
3,000
153/4
41
*33%
preferred——50
Stores
44%
101%
51%
17
42
.96%
*20
51
800
16%
33%
*16%
3,100
41%
50
(2nd series).
Shoe
51%
60
9%
12
17%
21%
-32%
9%
12
42
33%
Norris Mfg Co.———10
Corp common
No par
4% %
pfd (1st series} —.—100
13
31'A
20%
10
12%
17
111%
*95
l
290
1,900
102% >
40
26
_5
17%
22 3/4
*101%
17%
46 %
par
17%
17%
4,800
39%
*31%
'
2,300
2,600
17%
*94%
100
;
v
6%
39%
9
Jan. 29
7%
20
'
6%
17%
173
*32%
1I perthare
Mead
Nov
*51
400
8
17%
38%
17%
38%
Saturday
■
McQuay
3
8%
*12
50%
LOW
STOCK
Electric Co
McLellan-Stores
15% Jan
18%
12%
50%
9%
*21%
McKesson & Robbins Inc com.L—18
'
$4 preferred _L—
No par
Jan
Dec
*11%
*170
33 '
*111
No par
conv
Mclntyre
24%
Jan
12
51
14,800
7% /
7%
193/4
23
10
11%
50%
16%'t/.
V.
*7%
7%
2,600
530
*17%
20
6%
/% 100
;'
18 % %/
*7%
8%
17%:
200
t
12%
,16
*480
7%
101%
"
preference—No par
Corp
23% May
12%
10%
12
82%
preferred
23
101
52
82%
1st
17%
23%
102
10
51%
92
3 % %
3
Jan
21% Jan
/
23%
102.
*11%
93%
Dec
47
10 %
82%
Dec
19'/a May
62% May
23%
102%
xO
92
15
96%
23
*101
10
*82
15%
801/4 Mar
23%
10
*90%
McCrqry Stores Corp
3
35>/2 May
98% Jun
;
17%
83%
McGraw-Hill
47% Feb
*17%
91%
Par
7
3
17%
91%
McGraw
41'/2 Jan
6%
*82
common
7
26% Jan
7%
19%
6%
40%
McCall
31
3
7%
20 %
6%
102%
*101
173
EXCHANGE
251/4 Jan
May
521/2 May
7%
19%
17%
17
23%
7%
6%
20
40 %
NEW
.
7%
6%
20
6%
17
18
*170
7%
20
93 %
$6
Jan 31
Jun
Feb
*7%
*17%
40%
=
$ per share
42%
Jan
8%
17%
7%
38%
38%
100
common
*7%
*17%
STOCKS
101%
18%
No par
.3%
1,400
100
18 'A*
17%
100
5,300
32%
*11%.
495
100
14'/a
18%
7%
17%
6%
23%
103
18
1
Corp
*480
7%
*7%
40
Highest
Jan
29'%
Co___
17%
530
*7%
*17%
20
17%
10
*98%
14
12%
18%
4 17
8%
7%
*23%
100
*98%
*11%
12%
18%
17%
6%
*101
T_1
*31%
*7%
*91
Range Since Jan. 1
Nov
87
No par
...
32
*17%
20
*17
32
17%"
*480'
7%
92
$3
10
88
Dec
100
17
40
Co
32'/a
.
35%
137
143/s
12%
530 '
7%
$3.75 cum pfd 1947 series_.No par
cum
pfd
No per
5
29
41
pfd
16%
*180
92
11
Lowest
t per share
23% Mar
7%
/
7%
35%
137
14
100
18%
40
351/2 Jan
1
8%
*6%
16%
530
7%
18
*19%
$3.40
Jan
*98%
12%
J8
5
Maytag
111
Highest
Feb
1
5
100
Chemical
32%
No par
7
5
*7%
6.25
com
Co
May Dept Stores
$3.75 preferred
7
Jan
Year 1948
t per share
Co
L)
Electric
Range for Previous
Lowest
'
*480
71/2
'*17%
;
preferred
J an
20% Feb
Jan
&
530
*7%
5
16%
16%
*480
_l
51
91/2 Jan
r
16%
50
11%
7%
25
93
Co
Corp.
6% prior
32
35%
140
14%
'
51
Master
841/4 Mar
*12 %
18%.
No par
Mathieson
40% Jan
12%:
18%
No par
7
5
*12 %
18%
1
Corp
2
38% Jan
12%
/
10
Masonite
22
Apr
*12%
*18%
No par
*35
*134
100
*98%
10%
12%
Jan
473/4
98 %
Martin-Parry Corp
7
35% Mar
32%
98%
.
36
140
14%
32
32
preferred
Feb
1
171
Garden
*35
*134
14%
32%
Exploration
Corp
(Glenn
36%
140
14
99
No par
Field
4%%
Martin
iV,
19 '/a Jan
>
22
Marshall
28
*35
*134
14%
32%
Co
Ry
36%
140
14
*98%
Shirt
St
*35
*134
14%
100
(The)—
RR
36%
139
Vb'
No par
com
A_,
Midland
Market
14
Oil
Marathon
Marine
',,7
13% Jan
57% Jan
15% Feb
Jan
10
Jan
11 % Jan
50% Jan 28
.
Oct
176
:•
Nov
24
5
A
693/4 July
27% May
X165
3
951/2 Jan
Apr
Inc
Bros'
Manhattan
Maracaibo
6
Sep
103V2
9%
19% Jan
May
8
Feb
Co
series
Sugar
*35%
*135
0
Square
Mandel
15
10
Copper
Manati
7
18% Mar
com
100
Magnavox' Co
Mahoning Ccal
6%
500
Forbes
lnc
H)
pfd
Apr
525
&
preferred
Mack
Dec
21
Dec
Jan
133/a Jan \3
30 % Jan
3
153/a Apr
24% May
Feb
9'/4
Jun
39% May
103% Jun
Dec
xl6%
34% Jan 20
131
'
1,200
4,300
'
M
x351/4
r
3,600
14%
20%
393/4
17%
1,300
3,800
>
.
653/b
14%
*65
21
*95
60
63
42%
20%
155
*24%
18%
39
*76
65
20%
96%
35%
16
14% :/•
65
20%
22%
{
3,000
42%
16 3/4
64%
*38%
*95
3,900
8%
63%
A
80
16%
14%
*153
*22%
48%
8%
*371/4
64%
20%
155
48%
8%
39
16%
21%
*20%
*153
ft
491/4
8%
*371/4
*75%
'viV
600
1,400
39
16%
14%
9%
22%
85314
9%
2,400
49%
;
35%
9
44%
9%
1723/4
9%
1,200
44%
45%
8%
,,,.'21%
86%
9
800
*7%
9%
8%
34%
34%
23
22%
173%
42%
64%
49%
2%
22%
7%.
9%
861/4
63'%
64%
48%
v; 8
5
2%
23
500
22
173%
16%
17
9%
22%
87
43
78
8%
9%
21%
.
174
64
43
50
8
34%
9%
*20%
100
-
45%
45
86 3/4
9%
*17%
—
7%
*172%
*37%
16%
,
.8%
86 3/4
9%
14%
Corp... —No'par
(Md) A ...No par
*7%
174
37%
*16
'*75%
.
2%
*22%
34%
173
5%
*?%
2%
22%
48%
8%
5%
2%
22%
*21%
22
9%
par
5'/e
2%
23%
9%
;
863/4
173
*63
51/8
2%
45%
37'%
—No par
No par
*5
*92
*22%
45%
8
863/4
173
.
4%%
pfd series A
Lukens .Steel Co—
"
37%
391%
x37%
37%
45%
34%
_
20
37%
37%
44%
483/s
*8
34%
(P) Co common
.10
7% preferred
100
Louisville Gas & Elec Co
(Ky) No par
Lousville
&
Nashville..__
—50
Lowenstein (M) & Sons Inc com
1
3
4,000
39 %
8%
491/4
7
5
Lorillard
191/8 Jan
153
11
*7%
8%
343/4
*48%
par
100
T__ij.i.
Cement
10%
*9%
preferred... —..100
Lumber
11
2%
21%
_
...
Inc
Star
10
10%
8%
9%
—No par
7
67'A Jan
94
II
*7%
22%
Loew's
153/4 Jan
3
92
11
5
*9%
—,Z—Z_1
5
21
92
11
39%
21%
23
22%
Lockjieed Aircraft Corp
3
21
93
-10%
2%
46
'
Corp 1
21%
*91
11
23
7%
10
*38%
4%
2%
23
■7%
..No par
Co
conv
19% Jan
5-
2%
500
21%
93
—_5
Co...
31% %>
14% Jan
Jun
4%
*24%
/
11
39%
39%
—No par
'.
Liquid Carbonic. Corp :cojtt- —No
63% Jan
30% July
21% Sep
Nov
7.-
Belt
Lion
7
138
Corp
Lima-Hamilton
27
Dec
21%
*92
23
]
preferred
Link
22
Dec
Dec
14%
Stores
T/o
10
15%
57%
(The)
Lily Tulip Cup .Corp
7
Feb
;
68 %
xl8
Corp
Libbey Owens Ford Glass.. —No
Libby
McNeill
&
Libby..
Life Savers Corp.
Liggett & Myers Tobacco com
25
37% Jan 29
70% May
55% Jun
*20%
94
1
.
NOV
21%
50
Lehn & Fink Products
16%
43 %
8%
211/a
39%
*37%
1st preferred—No par
non-cum 2nd
pfd„„_No par
8% Jan
55% Mar
500
*38%
non-cum
May
May
40
10%
37%
12
91
40
37
Dec
47
39%
38%
8 %
Oct
500
39%
10%
22
Nov
24%-
*21
47%. Jan
Mar
24%
*91
3
33
25
U
44% Jan
82
*24%
21%
May
157
25
93
28
7% Jan
8
25
11
7
22% Jan
10% Apr
38% Jan'
44
25
*21
56
Nov
11
*43%
25
*91
Feb
8
*10%
44
*24%
com.—3
5% Jan
1,200
11
*431%
25
24 %
Lees
3
19%
19%
11
43%
3.85% cumulative preferred—_100
Lehigh Coal & Navigation Co
^10
Lehigh
Portland
Cement
25
24
19%
11
43%
6
40% Jan
I9V2
10%
44
2
31
19%
600
*43
*
5
Co
19 Vb
26,100
6%
11
10
& Sons
19%
6
5%
*5%
45
Feb
(James)
5%
11
11% Jan
Tire___'
6
SVa
*43
92
Rubber &
5%
5%
11%
Jan
Lee
6i/fl
5%
45
22%
2-
4
6
5%
*10%
1
41%
31% Mar
19
6
*43
Feb
Jan
2
no
50
40.
4% Jan
8% Jun
4% July
26% July
10% May
1
Co
Co
(The)
Bryant common.;
4%% preferred
26
24
21
Light
6%
Lane
11% Jan
44% Jan
24% Feb
Gas
Consblid
Lambert
Jan
Jan
la% Mar
La
21
Jan
37
4% Mar
Laclede
21
10
•13% May
Feb
1%
2
Jan
20% Jan
26% May
30% Mar
5%
17% Jan
\ May
Dec
10
6
43
47
Dec
90
6% Feb
Jan
14% May
Aug
21%
5
53% May
29% May
Oct
25%
35
4"% Jan
,-ipr
Dec
.17
Dec
45%
*87'/a
70
46'A
80
104V4
100
3,300
104%
104 V4
13%
13 %
1171/4
13%
13%
114%
116%
47%
47%
5%
5%
20%
21%
32
32
44
30
3,200
*1041/8
116
1,500
71%
430
45%
1,500
4%
51/8
3,700
19%
20%
9,300
321/2
33
10%
*10V4
11
*10%
10%
10%
10%
300
24
*221%
24
23i/8
231%
*22%
23'/4
100
*31%
33
400
20
(616)
THE
COMMERCIAL
NEW
Range for Previous
^e»i'
xj
Range Since Jan. 1
Lowest
Hifhest
f per thare
45 %
Nov
9%
Lowest
10%
45% Jan
52
Jan
11
Monsanto
110
Jan
24
111% Jan
13
4
Oct
10
Jan
10% Jan
22
May
52
Jan
56% Jan
7
10
Dec
17% May
] 0
% Jan
20
Nov
27
Jan
21% Jan
11'A
Jan
21%
Dec
16
19
11% Jan
31
Jan
23
31
Jan
7
20% Jan
3
20
Moore-McConnack
Morrell
(John)
Motorola
May
18% Jan
19% Jan
Motor
Jun
15% Jan
171/4 Jan
Mueller
16%
Oct
12% Feb
Oct
10
May
Jan
112
Sep
17
14% Jan
Jan
11
rf% Jan
Friday
Feb. 3
Sales
Feb. 4
Jan
110% Jan
17
J.2% Feu
Jan
13% Jan
6
34% Jan
13
110
34
Dec
43
Jun
34% Jan
150
Dec
55%
Jan
50
Jan
31
•51
Jan
8
Co.
4%%
50%
50%
50%
51
50%
51%
*103
109
*105
112
*105
110
107
107
*106%
109%
110%
*109%
110
*109%
110%
*110
110%:
110%
110%
*1097/8
110%
100
*101/4 * 10%
53%
53%
10 %
10%
*10%
10%
10%
10%
10%
10%
10%
10%
600
53%
54.%'
54%
54%
55
54%
55%
54%
55%
7,700
11%
11%
li%
4,100
51%
51
50%
54
11%
11%
11%
11%
11%
21%
/
No par
21%
21%
21%
*21%
18%
18%
18%
18%
18%
18%
18%
11%
11%
11%
*21 %
23
*21%
23
18%
11%
100
200
23
*21%
23
4.700
18%
18%
18%
18%
24
-24
2,500
23%
23%
*23
23%
*23%
23%
*23%
24
23%
23%
5
*19%
19%
*19
19%
19%
19%
*19%
19%
19%
19%
19%
19%
700
1
*16'/a
16%
16%
16
16%
16%
16%
16
16%
15%
15%
2,400
1
Inc
;
*1014
41%
1314
100
& Bros
*110
10
*13
*34%
52%
No par
13%
13 %
13
13 Va
13%
110%
10 %
10%
10%
10%
10
42
41%
41%
41%
41%
110%
110 %
13%
10
42
35
*50
13
*
13%
50
com
16%
10%
41%
common
preferred
(F E)
13 yB
5
1
;
C)
(G
Murray Corp of America
4%
preferred
Myers
50%
Shares
103
5
Mfg Corp__
Murpny
51%
for
the Week
$ per thare
Co
Munsingwear
25
51 %
I per thare
I perthare
I per thare
f per thare
Corp
Brass
Mullins
Jan
42V4 Jan
.
Jun
12%
Thursday
Feb. Z
*1097%
3
.
Wheel
23
24
107%
Wednesday
Feb. 1
*103
,
Co—3fl__No par
Products Corp
Dec
14%
PRICE8
HIGH SALE
AND
Tuesday
Jan. 31
i per thare
No par
Lines
&
Motor
Dec
45
5
com
Inc
25»/4 Jan
Nov
Dec
Co
x22 % Jan
29% May
Feb
Chemical
Montgomery Ward & Co_
15%
10
Monday
Jan, 25)
preferred series A__No par
$4 preferred- series B
No par
Montana-Dakota Utilities Co
5
13%
33%
Saturday
$3.25
107% Jan
65
Jan
Monday, February 7, 1949
RECORD
LOW
STOCK
Par
104% Jan
47 V* Mar
20%
YORK
EXCHANGE
Apr
112%
Dec
NEW
Highest
I per thare
-
May
122
STOCK
CHRONICLE
'
I per thare
61% May
99% Dec
YORK
FINANCIAL
STOCKS
I per thare
105% Mar
&
110%
110%
*110
110%
12%
13%
*10
400
41
1,900
110%
*110
110%
5,700
10%
40%
41%
'110
13%
*10
1Q%
41%
600
60
'
12%
*34%
50
13%
12%
13
127B
127/8
12%
127/a
2,200
35
34%
34%
*34%
34%
*34%
347/8
*34%
34%
100
51
*49
51
*48%
51 %
*43%
51
100
50
*43
13
13
N
14% Mar
21%
Jun
14'% Feb
4
20
Feb
32'%
23'% Jan
13
18
Dec
29
Sep
Jail
4%
Sep
8%
Feb
9%
29
10'A May
13'% July
Nov
Nov
32%
'
Jan
35
Jun
>
48
Feb
9%
Dec
National
Feb
3
National
T
National Automotive
7
National Aviation
7
4
11'A Jan
3
12
Jan
25
National
National
Biscuit
3
178
Jan
27
Jan
4
29
6% Jan
8
3
Jan
National
National
7'A Jan
12
8
Jan
26
Aug
11
Jan
3
12
Jan
11
Jun
27% Jan
4
29
Jan
6
9% Jan
8
24% Mar
32
14%
Dec
21
May
14 % Jan
3
15% Jan
24
17%
Nov
22% May
17% Jan
3
19
12
Jan
12%
Dec
14%
Dec
15
Sep
20%
Jun
85
Oct
96% May
93
Jan
12
Jan
3
13% Feb
28
16% Jan
* 7
6
94% Feb
337% Jan 21
29%
Jan
38
Jun
30% Jan
4
162 >"
Oct
177
Jun
169% Jan
4
177% Feb
Jan
4
144
Jin
2R
130«
Nov
15%
147%
Apr
Dec
5 7/a
7%
Feb
Feb
247/a
jun
17% Jan
Jan
<*May
A Jan
19% Jan
81% Mar
6
21
3
ih Jan
22
4
Jan
10
114%
Oct
88
Jan
5
91% Jan
7
25%
Jan
22
Jan
4
23% Jan
28
Nov
16%
Nov
4
19
Jan
7
80%
Nov
94
Jan
83 % Jan
4
86
Jan
24
21
Nov
30% May
15% May
21% Jan
4
24
Feb
1
10% Jan
3
11% Jan
31
10%
25% July
Dec
9%
17% Feb
Distillers
New
National
Linen
•'"% Jan
Jan
93% Jan
8
Nov
12%
Jan
99
Aug
90% Mar
Steel
National Supply (The)
4%%
preferred
National
Natl
Tea
Vulcanized
59% Jan
8
4
13% Jan
10
Dec
19
28% Jan
25
31% Jan
18% July
39
Feb
92
121
Feb
144
11% Mar
20
Jan
Oct
Jun
23%
11% Feb
July
July
72% Jan
11% Feb
4
14% Jan
8
5
22% Jan
21
27
Jun
20% Jan
Jan
61
Jun
50
Jan
29
51
Jan
255
Mar
245
Jan
20
245
Jan
20
6% Mar
147%
Jun
Feb
Nov
96
14%
Feb
7% Jan
19%
Jun
9% Jan
21
Jan
3
33% Jan
4
96
Jan
22
16% Jan
17
17% Jan
7
30
-
Oct
3
:Jan
88
Jun
86
'
Jan
4.
ear
io
I per ehare
20
Dec
nor
25%
13%
3
90
Jan
14
13%
*137/4
15
14%
15
*92 '/2
94
*921/2
31 %
31'/2
*175
144
*6
1,300
'4.900
2,400
14,100
175
144
31%
31
177'%
176
143%
142i%
142'%
141%
142'A
6'%
6'/a
6
6
18'/a
18'%
*18'A
18'%
%
iff
%
143%
61/4
*6 '/b
181/4
18 '/e
18'/a
*18%
1
%
*20
90
17%
85
*85
*221/2
11'/4
18
177%
17%
85%
85%
*85'%
23'%
23%
24
24
11 7/4
117/4
10%
10%
*10%
11'A
*10'/2
10%
10%
10%
*13%
*102'%
10%
13%
11
*102'/2
104
13 7/8
104
*31
317/2
*9'/a
54
*12'%
*71
*31
preferred
non-cum
Harlem
RR
96%
97/4
*96
97'/2
*96
9'/s
N Y New Haven &
Preferred
5%
A
Shipbldg Corp partlc stock
Y State
$3.75
Elec &
Gas
300
78
10%
10%
10 %
3.500
10%
10'%
10'%
1.200
*13%
31%
*
*96%
14
104
*102'%
31%
977%
97'%
98
9'/4
9
91/4
9'%
9'A
97'%
97'%
97»%
54%
54
54
54
54%
12%
12%
12%
12 %
12
300
*31'%
31%
97'%
97'%
50
9%
8.900
9'A
10
97'%
*96
54'%
u
53'%
54
1.800
12%
H'%
12
3.000
*71
130
72
70%
70%
28%
28%
29'%
29%
30
29%
29%
29'%
29%
3,500
32
32
31%
32
32'A
32'A
32
32'%
600
12'%
25,600
71
"71
71
12'/8
781/2
12
*77'/2
*135%
50
79:%
80'%
336'%
137'/2
12'%
12
12%
12%
21%
244
21%
*20%
51
*47
50
*47
51
*230
244
*230
244
*47
244
*230
*8%
9
8'/2
8%
8%
32
31%
31%
94i%
94
31%
94 7/2
sc.
81
139
137/a
94
32'A
*94
"94
*20%
/
.
8%
8%
32 >%
32'A
95
8%
8%
32
22
11%
80'%
137'%
80'%
137
137
12'A
12
12'A
12
78'%
78%
137
*12%
5Q
*230
71
71
12 '/a
78'/2
1371/2
137
50'/4
97'%
.
104
32%
12
s
9%
54'%
12%
*96
too
13%
*13%
102 7%
*31%
31%
31%
971%
*96
*13%
14
104
*96
71
244
94
10%
*1027%
13%
104
31%
*31%
pfd__100
10%
10%
9%
*32
12 7/8
50'/4
100
10%
10%
977/2
28%
287/8
*230
Hart RR Co.100
series
& Light 3.90%
30
2,100
10%
12%
33
12
50
•
23%
10'%
54'A
13
72
23%
>32
.No par
Co
3,300
17'%
86
23%
*10'A
11
13%
*102 7/2
311/2
97'%
54'/2
96%
*95
*10%
13%
23%
&
300
'
*217/2
Y
11'%
*10%
2,100
23'%
17'%
85%
24
300
88'%
88'A
23%
18
17%
2,100
20 Va
*23
23%
23%
17'/2
800
i"ff
9
iff
89'%
220
18'%
18'%
*20
20%
88'%
/
1,000
6
*851/4
23%
common
143
6
20%
*23
23%
*141%
86
17%
*211/2
Dock
coin
90'A
*23
90
176
*85 '/a
17»/2
10'/«
No par
*22%
86
237/2
23%
20%
89'%
90
23
20S
21
90
23
10%
1
iff
10
90
*10%
100
18%
9
U
21
*221%
No par
6'A*
*20
*10%
^
3,500
31'A
177'%
17%
1
100
31%
31%
176'%
85
100
4,700
.31%
143%
*10 y2
i
14%
94 v2
13%
176'%
311/4
G1/4
1
14%
*93'%
13%
175
31
*141%
LG
1,700
14%
94'%
*13%
15
94'%
175
317/2
6'/4
%
1
15
94
13%
14%
*93»%
13%
13'%
14%
94
175
317/4
176'%
18y4
lo
Co
Co
137/4
14%
94
& Dry Dock
Louis
13 7/a
131/2
14 7/a
*92 %
No par
94
22
8%
1.900
1,100
1,200
11%
12
*20%
22
100
60
300
*47%
*230
244
8%
8%
1,800
1,500
32'A
31'%
32
"94%
94%
95
16'%
16%
1,100
*88'%
89%
120
1
*16'/2
171/a
16'/2
16%
161/2
16'%
16i%
16'%
*16%
17 V*
100
*88'%
891%
89
89
89%
89%
89%
89%
*88'%
89'%
480
Corp—
:L
preferred
Range Since Jan.1
Lowest
rhnre
1 per thare
Jun
NEW
Highest
1
21
Jan
.14
Jan
3
27
Jan
55
13
Feb
Nopco
62%
Nov
57'% Jan
28
59 % Jan
10
Norfolk
25
Aug
28%
Jan
26% Feb
4
28'% Jan
20
14% Mar
17%
Jun
3
15% Jan
10
Noblitt-Sparks
Noma
&
17% Feb
3
North
4
U'% Jan
7
North
81
Jan
11
Ry com
preferred
Co
American
83% Jan
26
Northern
Central
Feb
36'A
Jun
21
Jan
14
32'% Jan
21
Northern
Natural
16%
Dec
27%
Jun
15% Feb
4
17% Jan
7
Northern
Pacific
Mar
°7
Jan
4
Feb
4
Dec
108
Jan
31
109'A Jan
13
a'% Jan
3
10% Jan
7
3
19
Feb
33 'A Jan
11
36
3'% Jan
31
1 i % Jan
4
2.7'% Jan
3
99'A Jan
*3
Jan
21
28'% Feb
4
33% Jan
7
1.% Jan
8
18'% Jan
21
103%
Oct
8%
Nov
17'% Mar
16
Nov
27'A May
17% Jan
33%
Jan
40'%
3%
Dec
Apr
7'% May
14% Jun
90
2
Ry
*261/2
preferred
4.6%
6C0
11'A
11'%
ll'A-
11
11'%
4,300
253A
26
25'%
25'%
26
26
57'A
57%
16 '/a
101/4
10."
*82%
84
317/2
31%
31%
31%
16
16
16
161/4
16'%
No par
*897/s
No par
common
preferred
89%
*108
10
>831/4
*89 '%
9%
9%
19%
700
2,600
57%
57%
57'%
57'%
*26%
28
27'%
26%
26%
100
17%
39,300
10
11,500
84'%
:
16%
167%
17'A
17'%
17%
17'%
10'%
10
10'%
10
10'%
9%
83'/4
83'A
*83
84%
*83
84'%
*83%
31%
32'%
32
32%
32'%
32'%
32
32%
7,000
16'A
16'A
16 %
16'A
16%
15%
16'%
9,700
89%
89'%
*107%
25
*17%
18%
181/4
18 '/4
4
Northwestern
Telegraph
50
*337/2
341/4
33 7/2
33'/2
11
Norwalk
Tire
&
Rubber
No par
*31/4
3%
3'/a
37/4
10
Norwich
Pharmacal
2.50
*117/8
12l/4
11%
11%
*11%
30 7% Jan
31
Ohio Edison Co
108
93A
10
3'%
12% Jan
89'%
89'%
108
10
9%
Jan
Co
20%
10
4% Jan
.
*19%
19%
16%
167/2
'10 »/4
1037/2
108
108%
*9%
*26'%
28
*26'%
16%
19%
57%
57'%
28
50
.
Inc
19%
11 y8
26»%
16 7/a
84
Shares
11'A
.10
Co
preferred
$4.80
57%
>261/2
for
tbe Week
19%
*25'%
10%
100
Northern States Pwr Co (Minn)—
$3.60
28
Sales
II
111/4
57'/a
571/4
Friday
Feb. 4
$ per thare
19%
19%
25%
1
Ry
Northwest Airlines
II
>25%
< per thare
t per thare
I per thare
_10
*
Co
Gas
571/8
25
Aviation
25%
19%
11'A'
25% ,25%
25
2
20'/2
11 'A
4
,
Western
American
*19%
_1
Co
Feb. »
Feb. Z
Feb. 1
I per ehare
Thursday
Wednesday
Tuesday
Jan. 31
• per ehare
2.50
Corp
Chemical
Monday
Jan. 29
Industries
Electric
Adjustment
Jun
9% Feb
Satvrday
Par
3
13% May
STOCK
1 per thare
24
Jan
YORK
EXCHANGE
10% Jan
10'/a Mar
18
York
10% Feb
90
14%
17%
13
23'A Jan
109%
14%
18'/a
*12%
17'% July
Aug
14'/2
17%
13
36Va
78
14'/2
IS'/b
*12%
Dec
93
15 i/s
18
No par
Dec
Jan
15 '/a
18%
140
13%
8
15%
17%
78
23
82% Mar
15'/»
18
8
STOCKS
\K,':
Highest
S
15
17%
100
£rake
St
Range for Previous
Lowest
15
17%
*1371/4
N Y Power
N
81
15
17%
City Omnibus Corp
Y
N Y
1,400
5,900
*14%
10o
$5
21
91% Jan
39% July
86
6%
8'%
28%
100
New
N
67%
6%
28%
preferred series A
6%
15
Jan
20%
preferred
N Y Chic &
N
6%
7
1,600
28%
Pa com
Central
Apr
7
/::;>■ 8
1,700
28%
uommon.No par
Newport News Ship
21
Mar
49%
200
4%%
York
21
7'%
8'%
7
331/4
28%
10o
New
Jan
Jan
7'%
120
6%
33%
6
6'%
34
281/2
preferred
7
13% Jan
34
28'/2
England Elec System
20
Jersey Pr & Lt Co 4% pfd__100
Newmont Mining Corp
10
Newport Industries common.!
1
Air
81
*6
33'%
28%
preferred
J)
(J
York
140
6'%
33'%
28%
common
New
14
6Va
33%
23 7/4
No par
7
11
6 %
33%
28%
No par
12
Jan
133
6'%
33%
177
*175
28%
No par
,
30% Jan
4
74% Jan
3%%
27
178
11
Cast_No par
Fibre
33% Jan
3-f.
176%
8
New
4
177'%
11
New
53% Feb
*176%
8'A
10
3
2
177'%
11'%
1
Co
Corp
Newberry Co
3
*176%
8%
Co
2
22
10,900
11'%
23
9% Jan
V-LlU
32%
8'%
91
97% Feb
1,600
oa-/2
32'A
8'%
8
11'%
35
33
6'A
*7
11'%
11%
36
32%
*35
11'A
23
97% Feb
11%
32%
ii'%
90
3
11%
36
32'%
11'%
25
317/s Feb
11% Feb
.
8'%
11%
*35
32%
1
Co
serial
July
*6
H'%
36
1.100
32'%
178
33%
7'A
8
No par
Inc
64
70
*7
Sugar Ref
conv
26% May
90% Jun
6'%
33'%
National
Bros
Nov
43%
6
21
4%%
Feb
->34%
10
*20
Neisner
Dec
Feb
178
No par
27
70,
Nov
177%
Corp
National Steel Corp
21
12%
20%
*176'%
11'A
*35
No psr
10
ex-dist
&
Jan
38
31
32%
11'%
11'%
Corp
&
7
Jan
35'A
32
100
Service
13
8% Jan
95
11'%
35'A
32%
100
Lt
13% Jan
May
H'%
35'%
32 »/4
Shares
Natomas
98 %
11'%
*35'A
800
10%
10'A
10'%
10,600
:
5
common
Power
Nehi
35'
/•/: 10%
370
7
11'%
com
Malleable
22
Feb
Co
Natl
11
>87
10'%
6'%
7
11,400
19%
No par
Natl
Jan
103
10'%
National
Jan
12
10%
*10%
14%
28
Xl9%
20%
11'%
preferred B
11
26
10%
10%
14'%
27
14'%
28
•
11%
Stores
Prod
Co
6%
11
x27% Mar
12%
Lead
National
3
13% Jan
10'%
*10%
14'/4
11 Va
preferred A
4
Xl01% Jan
6%
12.50
1%
97% Jan
Jan
6%
'
No par
preferred
conv
9% Jan
May
6%
6
14'%
1
Products
Gypsum
$4.50
Jan
19
6'A
1
common
National
Jan
104
6'%
—i
Co
Gas Co—
Department
12%
Feb
6Vb
"■
6
•
14%
*27
Enameling & Stamping—
19%
Nov
20%
33'A
Lines Inc
Container
National
Nov
12%
21
6
5
.
National
Nov
100
28
*20%
4
Corp
Dairy
29
19% Jan
21
Jan
6% Jan
4
1
Nov
20
ft
25
ft Dec
197%
135;
28
20'%
14'%
10
common
National
3
...
Can
National
2
....
2 7'A
20'%
Cash Register
National City
2
14% Jan
14%
27'%
20%
__
Co
Co
National Cylinder
Nat
14%
27'A
20'%
Inc—1
preferred.
3
6'% Jan
35
Fibres
Corp.
Battery
24
6
14'A
*2 j'%
20'A
100
Jan
Jan
33'4 Jan
14'%
"26%
20'A
1
37
7%
14%
26 3A
■ -J :■.
....
Airlines
33
Jan
g
100
Louis
St
Co
5
171
Jun
14'%
Acme
3
9'% May
13'% Jan
10% Mar
7
Jan
9% May
Dec
6
Corp
Nashville Chatt &
30'% Jan
Oct
175'%
Nash-Kelvinator
21
3
10'% Jan
7
Jan
20% Jan
3
10'% Jan
July
32'%
Oct
5%
5
17'% Mar
Feb
162%
Jan
45
Mar
26%
19
15% Jan
28
10'A
108
■
v
.
1
9%
89'%
108
9%
130
90
108%
630
9'%
9%
5,500
2.400
18'A
34
19
18'%
18'%
18'%
18%
34
33'%
33'%
*33'A
3?'%
60
3%
3'A
*3'A
3%
1,700
'
3'A
3'%
12
90
*107%
*33'%
18'%
18'A
*33'%
89'%
89'A
108'%
20
*113A
v'
3%
12
*11%
*30
12
*11%
100
12
O
26'%
Dec
92'%
Jan
103
Jun
26%
Feb
43
Jun
16'%
Apr
18%
Jan
22%
92
34'%
Jim
Feb
36% July
Mar
xl09'% July
12'A Apr
;
67%
Dec
88
Dec
20
Jan
27
Jan
144'%
Nov
100
27% Feb
4
Jan
7
18
■rl: 8-../ Jan
10
86
Feb
4
90'% Jan
21'% Jan
26
Jun
Jan
7
Jan
Jan
Jun
37'%
31% Jan
96
;>T/v
Jan
23
154
4
104
29i% Jan
148
Jan
99
22'% Jan
10'
7
4
31
Jan
24
15
153
Jan
28
4.40%
Ohio
Oklahoma Gas & Elec 4%
Oliver Corp common
4%%
convertible
Omnibus
8%
Corp
Oppenheim
23
Jan
14'% Jan
31
16
Jan
13
Outboard
Dec
89
Feb
7 7 7% Jan
27
79
Jan
28
Outlet
Jan
49'% Jan
3
58'% Jan
24
J*%**av
15
May
73
Al3r
13'A Jan
9% Jan
4
3
7
Jan
7
Pacific
10'A Jan
.Pacific
Jan
18
14
Jan
17
1
a
?t7
ie«/
»
43% May
37
Jan
Jan
6
14
70
40
15'% Mar
21%
Jun
18% Jan
3
19'% Feb
2
aIu £0v
47'AMar
36% Jan
30% Jan
3
33'/2 Feb
3
preferred
Amer
28%
6
100
29%-
Glass
Co
*7 "
*87'%
'
;
21'%
29'%
*151%
153
*14'/a
15
77%
77'%
563A
56%
54%
*13%
12.50
'
lst
Preferred
2nd
preferred
28%
28%
28%
98
<7%
91
7'%
97
7'%
87'/2
22
30
*86'%
*21
87'%
22'/4
29%
153
15
153
96'%
87'%
7'%
,
7'%
88'%
21'%
22
30
153
14'%
*75
28'/4
96'%
'
96'%
■
'V
•
,
29%
*151
55
56
56
56
56%
9
13%
13%
10
*9%
10
non-cum
No par
*64
non-cum
No par
Pacific Finance Corp of Calif
Gas & Electric
-
*9'%
13%
39
*38
'*38
?9
39
*1^%
20
31%
31%
*19'%
31%
19%
32
39
*19'%
32
53
jan
4
54
No par
53%
52%
52%
53'
Jan
3
33% Jan
25
Pacific Mills
___No par
*313A
32
31%
31%
*31%
3
95'% Jan
24
Nov
93'%
93'%
135
Jan
5
*94
139%
93'%
Mar
Pacific Teiep & Teleg common-,100
6%
preferred
„10r
55
147
138'%
138'%
fOOtJTlQtCb
btr
24
53'%
138%
19'%
21%
Jan
Lighting Corp.
*93A
*64
68
*38
13'A
10
68
'*64
10
13'%
10
*64
68
25
*13'/4
10
oi-;a
For
14%
79
91
21
14%
153
*76
Jun
Jan
297/8
">151
14%
104'%
139
29%
.
29%
*151
*14
*76
55%
79
56
*30
102
28'%>18
27 A
97,,
7'/a
86
*21
29-A
*151
'14
*76
54'%
30%
102%
29%
18%
28
Zi7
/
500
180
18,100
300
3,100
70
700
7%
86%
22
30
153
15
79
5,800
55
2,700
80
1,600
10
400
20
V".
Inc
common.
Pacific
Pacific
21'%
153
79
Dec
6
7'A
87'%
213A
*14'%
Dec
130
7'%
87'%
.
*76
89
Jan
.
14%
29'%
441% July
'
79
p
Fisheries
Coast Co
28'/a
*96'%
27%
1/
28%
2.50
Mfg
18>A
18'A
No par
&
18'A
18'/4
96'%
22
29%
30'%
18%
f 28
88'%
*20%
~
307%
102'A
29%
30
7%
*87'%
10
No par
28%
307%
102'A
29'%
97%
*7
307%
102%
30'A
*17%
-18%
*96%
lOo
A
„i
>
1IY* £eb
*17%
' 307%
102'A 102>/4
29%
30
13%
18%
*30
*102
307%
103
29%
30
..100
Marine
Co
20
No par
common
Owens-Illinois
cni/
307%
102'A
common
preferred
Nov
73'A
30'%
103'A
29%
pfd
Collins
Otis Elevator
6%
30'/2
10314
preferred
(The)
convertible
15%
Dec
8
100
No par
Co
80
47'A
common
preferred
Oil
138
19%
32%
"53
32
31%
93'%
93%
138
138
13'A
lO'A
68
*13
*9%
*64
13'A
10'A
*13
9%
68
*64
39
*38
13'/a
400
9%
230
68
39
50
40
*38
19%
32%
*191/4
19%
.191/4
19%
600
32%
33'%
33'A
33%
11.600
53'%
52%
53'%
52%
1,200
32
9?3A
31%
31%
31%
32
1,500
93
93
92
93%
138'%
139
139
52%
137'%
139
670
720
Volume
Number 4775
169
THE
COMMERCIAL
YORK
NEW
Range for Previous
Range Since Jan. 1
Lowest
Highest
I per $hare
I per share
Dec
NEW
Highest
Saturday
39 %
Nov
I per share
Jan. 29
9 per share
3% Jan
3
4% Jan
Par
8
38 "/a Feb
3
43'/2 Jan
10
4
Dec
62% May
5% May
8'A
Nov
111/2 May
13 >/a Mar
46
4
Jan
3
4'/4 Jan
Jan
3
91/4 Jan
20
Jun
13% Jan
Oct
49'/4 Jan
5
99
Jan
6% Feb
16
28
66
Oct
100
May
Jan
24
4
1021% Jan
27
4
8% Jan
7
Feb
18%
Dec
28
May
Feb
,4
97
Jan
105
Jun
103% Jan
24
3
Jun
17
181/4,
Feb
26% May
221/4 Jan
34>/4
Feb
51
May
40
31/4 May
2
2
Mar
Packard
Pan
3
55% Jan
6%
11%
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
5
8
211/2
Feb
92
20
Jan
I per share
4%
24% Feb
Jan
2y4 Jan
7
Park Utah
33%
Jan
241/2 Jan
27 y8 Feb
3
Jun
25
26% Jan
22
9
16%
Feb
Feb
Jun
13
7% Jan
Jan
71/2 Feb
xl9
27
38%
2%
8%
*131/2
Peabody Coal Co
5
29
Jan
7
Jun
42'A Jan
3
45% Jan
13
9'A Jan
18% Jan
28
10% Feb
3
Penn
4
19% Jan
7
Penn-Dixie
Cement
28'A Jan
21
28'/2 Jan
21
Penn
Sand Corp
109 % Jan
4
IO91/2 Jan
4
5%
15%
Jan
Nov
27
Dec
34'A May
Oct
112
Dec
Jan
4
17% Jan
20% July
16'A
Dec
22 'A May
16% Jan
35%
Dec
48
351/2 Jan
Apr
181/2 Feb
3
37
Dec
Feb
120
Jan
106
Jan
45%
Jan
29
Jan
3
30% Jan
18
99
Oct
97
Jan
25
100 y2 Jan
7
109
3
18%
1
Mines—_1
42%
♦39'A
2V8
2%
*2i/a
2'A
21/s
26%
26%
26%
26%
27
27
27 y8
261/4
26%
26%
26%
26%
26%
26%
No par
7%
7'A
7%
71/8
5
131/2
13%
13%
13%
5
*71/2
7%
*7%
7%
7%
7'A
7%
7%
2%
7'A
7%
7%
*19iA
19%
19
19'/a
28%
28%
27%
28
1,200
43%
44
431/2
44
3,000
10'A
10%
10
10
1,000
1,100
43%
44'A
♦10%
10'A
18%
18%
7
18%
series A
conv
pfd
19
Peoria & Eastern Ry
10
Jan
10
1
5
103 y2 Jan
28
4
12% Jan
7
Co
4Ya%
'
18%
*17%
18%
*27
30
*27
30
♦27
30
*27ya
30
*111
114
*111
114
*111
114
♦111
114
18i/s
18 Ys
18%
18'A
18%
18%
18%
18%
16'/2
16%
16%
16%
16%
16%
16%
361/2
*35%
36%
*35%
36%
*35%
18%
16%
*351/2
36%
*109
*30
110
*109
110
*109
110
30%
97%
*30 Va
30%
*30'/8
*97
97%
97%
100
*9%
II'A
*9%
10%
*9%
U
9'/a
9>/4
91/4
91/8
*109
30%
97%
9
2,600
17
18,800
36
36
200
*109
110
16%
30%
*
30 '/8
30%
98%
98%
*98%
99%
*93/4
91/4
36%
110
*30
11
9
171/a
*109
98
*9%
91/4
18%
"
30%
98
114
18'A
18%
16%
*36
110
*301/4
*111
lO'/a
9%
93A
100
8%
8%
39,200
8%
9
700
No par
*22 y4
23y2
*22%
23%
23%
23%
23%
23%
*231/4
24'A
100
*103 Va
103'A
103%
IO31/2
*1031/8
103%
♦103'A
103%
*103ya
103%
5
common
preferred
Petroleum
18%
30
971/2
Co
19
*27
5
Pepsi-Cola Co
23% Feb
18%
30
331/3c
11% Jan
Milk
19%
500
300
114
100
Peoples Gas Light & Coke
Pet
18%
7%
*27
100
Peoples Drug Stores Inc
18%
*71/2
*111
com—No par
100
preferred
1,400
1,500
7%
10%
9%
400
7
13%
13%
19%
441/4
9%
5,300
28%
10%
*9%
10
Co
7
14
1,800
27 '/a
26«/2
•
28%
43%
Corp
2
2
267/8
*26
7%
13%
33,300
*19%
10
Coke
*19
2%
7%
14
44'A
31/2%
421/4
26%
44
Glass
*39iA
26%
♦13%
2,300
24%
42%
2'/8
44'/2
&
233/4
26 y2
7%
2,500
,
105
*1023/4
271/2
2'/8
70
6%
17%
17
24%
26%
14
100
2,700
102%
♦39'A
43
*44
Coal
♦102
23%
*26 y4
*13%
15,700
14
55%
6%
2.50
*7
34,100
9
8%
105
800
200
4%
,
543/4
7
Shares
3%
..•13%
17%
♦102%
24'A
No par
3
Feb
*39iA
105
19
3
Jan
421/4
24
28%
8'A Jan
11
*391/4
♦102%
24%
19
21% Jan
102
23%
28%
Jan
May
17% Jun
105
23%
9'/a
17%
the Week
38
4
551/4
102
6%
17%
3%
*36
14
102
7
7
17%
191/4
Jan
104
7
18
23%
43
2y8
18
*102%
9
102%
28
30%
Feb
23%
6%
181/8
105
♦102
102%
27%
24 y8
Oct
18
*102%
551/8
91/8
191/2
20% May
9%
23%
*40
18%
105
*13%
54%
28%
Dec
98%
*101'/2
7
14%
54%
*28
Nov
•-
101%
7
8%
♦13%
*19
Nov
4
101%
7
3%
4%
8%
Sales for
Feb. 4
I per share
39
4
13%
55
25
9%
9'A Feb
101'/2
6%
*1021/2
preferred
7%
22
1011/2
13%
4%
No par
28
Apr
*54%
Penn Power & Light Co
No par
Pennsylvania RR
!
50
Pennsylvania Salt Mfg Co com—10
19
J
> Feb
551/4
38%
Penney (J C) Co
7
Jan
8%
*541/4
3%
Penick & Ford
3
17% Jan
3
prior
conv
8%
14
54 %
100
common
19% Jan
5%
8%
*13%
541/2
No par
Enterprises
31
21%
86%
&
28
Feb
28
4
Mines
Jan
Dec
103
Patino
8%
14
par
3%
39%
4
39%
4y8
1
Transportation
27% Jan
9%
4
3%
*39
3%
«
No par
Jan
15'A
16%
Jan
4'/a
Co„
Proof
49%
Feb
109%
18
8
2
4
1
37
Dec
4 Ya
Inc
Consolidated
Rust
Parmelee
7
14 y2 Jan
24
4
Transp—5
Parke Davis & Co
30%
7
*39
Park & TUford Inc
Dec
May
39'A
preferred
Nov
10
*39
100
convertible
Parker
3%
391/4
preferred
24'/2
Jan
9 per share
*39
Pipe L com__No
Paramount Pictures
3
20
I per share
Friday
Feb. 3
$ per share
3%
Feb. 2
10
Corp
Petrol &
Panhandle Prod & Refining
Paraffine Cos Inc com
4%
*3%
3%
Thursday
Feb. 1
I per share
*3%
1
*111/4
11%
11%
11%
*11%
11%
*11%
11%
*11
11%
20 »/4
20
20'A
19%
20!
49
49
49%
48
48'A
48'A
49%
52
52
—
Corp of America
*23
23%
103%
11
200
103%
260
11
/:'•
1,000
.
14%
Feb
44%
Dec
20% May
64% July
40%
Feb
59
48%
Dec
55
93
17
Jan
3
201/4 Feb
2
44% Jan
4
511/2 Jan
19
48'A Feb
4
531/8 Jan
May
4
52% Jan
17
941/4 Jan
5
98
Jan
24
20% Jan
3
22% Jan
Pfizer
21
50% Jan
104% May
24"% Jun
Dec
'July
Pfeiffer
21
20%
Dec
22
Nov
25%
Sep
23% Jan
4
25% Feb
Jan
115'A
Jun
110% Jan
27
112
Jan
$6 preferred
Electric Co
3
91
Jan
,14
103%
111
28
81
Sep
91
97%
Jan
.
20
48
48'A
*48'A
49
49 %
48%
49%
48%
49 y4
49%
49%
49%
493A
preferred
52
52
52
52 ya
51%
97%
97%
22'A
22%
*51%
—No par
Phila
*97
common—No par
52%
98
22%
22%
20
52
52
52
971/8
97%
97
973A
*961/2
97%
270
22'A
22%
22%
22%
22%
22%
4,500
25%
25%
25%
25%
1,500
25%
25%
25%
25%
111%
110%
110%
111%
111%
25
*25
430
101
Jan
111%
111%
31
*100
102%
101
101
102
101
101
5
*997/s
101
1081/2 Jan
100
*107%
108
107%
107%
107%
107%
1071/a
107'A
107%
19% Jan
107%
7
Phila & Reading Coal & Iron
106%' 106%
1
16'%
16%
16%
16%
16%
16 %
17'A
35 7A Feb
4
40% Jan
7
Phllco
3
*37%
36
37%
38
37
37%
7
Jan
18
*87
88%
37%
87%
37 y8
84% Jan
•
37% Jan
Jun
■
3
82%
Nov
88%
Oct
88
Jan
Dec
13%
Sep
10% Jan
13
Jan
92% Aug
54%
Jan
77%
10
Dec
14% May
x97% Jan
Jun
10
'
4
51% Feb
11
7
10% Jan 20
Phoenix
3
32% Jan 24
5
102% Jan 21
Plllsbury Mills Inc
$4 preferred
Jan
8
29 7A Feb
100% Jan
•
100
401/4
1
16%
*100%
:
88%
40%
40'A
40%
40'A
96%
*95iA
971/a
90
*881/2
90
97
961/2
10o
*88 V2
90
*881/2
;_No par
100
*10'/2
11
*10%
92
*90
*87
11
*90
92
Hosiery.
1
651%
55%
55%
liy4
*10 y8
10%
*90
111%
>111
17
17'/a
36%
88%
*87
*87
11'A
260
500 1
'
16%
37
"
*87
; 3,900
40%
40%
39%
40'A
99
96'A
96'/a
96 «/2
96'/a
*88%
90
*88%
90
*88%-
'9,360
300 .r
90
*10%
;
11
*10%
11
*10%
11
V
*90
10%
92
*90
92
*90
92
;■
55%
56'A
X54%
551/4
533A
54%
*ioy8
11%
*10'/«
10%
10 y8
lO'/a
J
883A
40%
*96i/s
92
*
12,700
36%
35%
88%
170
17.:
'
55%
*10'/8
5
*101
40'A
*87
*96
Nopai
111%
102
40'/2
100
Phillips Jones Corp com
5% preferred
Phillips Petroleum
; k
58% Jan
-—100
preferred
4% preferred
;
3.60% series preferred
26
lli/s Jan
preferred
4.3%
Philip Morris & Co Ltd common—5
12
881/2 Jan
'(
100
Corp common
3%% preferred series A
4t%Jafi 24
6
11
87%
87
•
4
931/2 Jan
Dec
•
preferred
;
16,000
97%
3
Jan
4.4%
3.8%
I
'
22%
*110%
25
"
1,100
22%
*97
•
$1 div preference com——No par
V/i
!7,100
15'A Jan
July
39%
87
19%
48%
7
45% July
25'A Mar
19%
48%
28
98
21% Nov
Jan
19%
49
106% Jan
Jun
Jan
19%
49
25
50
Inc
25%
111%
Jun
Sep
103%
l9Ya
1
No par
Co
Co
&
Phelps-Dodge Corp
Philadelphia Co 6%
4
104
Brewing
(Chas)
21
PRICES
Wednesday
Tuesday
Jan. 81
No par
Car
Panhandle East
7
x4iy» Jan
Jan
Pan-American
7
104 y2 Jan
Motor
American Airways
23%
61/4 Mar
Monday
LOW AND HIGH SALE
STOCK
YORK
(617)
RECORD
EXCHANGE
#
Apr
61/2
CHRONICLE
STOCK
,
3 'A
FINANCIAL
STOCKS
Yifar 1948
Lowest
&
*10
30
100
;
)
,"...
53%
51%
13,400
10'A
100
*
-'
30
Dec
34%
Jan
98%
Apr
103%
Jan
110
Jun
10'A
Sep
-
Jun
11
Jan
Jan
3
Jan
28
231/2
14% Feb
4
93
Feb
30
Jun
13% Feb
2
Jan
7
16% Jan
Dec
155
Apr
Jan
26
142
Jan
157
Feb
169
July
165% Jan
21
170
30
Dec
Jun
31% Jan
3
39%
/•
7%
Nov
10
Jan
10%
Feb
20
Jun
140
Jan
170
Dec
73'A
Feb
96
Dec
26
Jan
4
8% Jan
7
4
15% Jan
7
Jan
24
8
.
.
102%
-100
*101
115
1
Pittsburgh Forgings Co
1
Pitts Ft Wayne <fc Chic Ry com„100
7% gtd preferred
100
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw & Bolt
No par
Pittsburgh Steel Co com
No par
21
7%
——«
preferred
class
30%
31%
*102
Pitts Consolidation Coal Co
26
Jan
35% Jan
13 7A Feb
Oct
70%
;
7
32
*30%
No par
Pitts Coke As Chem Co com—No par
$5 convertible preferred—No par
3
Feb
85
138
142
25
common
Pitts C C & St Louis RR—
,a'
_3
81
15%
Dec
Mar
12%
"■*
July
36% July
Dec
80%
26
113
•
-
12%
83
*14%
115
*101
15
Feb
145
Jan
26%
Dec
70% Jan
82% May
26% Oct
161
July
~3
29
46'A July
Jan
15'A
*140
148
*143
*170
175
*170
33%
33%
32%
8%
8'A
8%
*8%
170
*84
24
1
5%% 1st ser conv prior pfd—100
Pittsburgh & West Virginia
100
Pittsburgh Young & Ash pfd
100
28
4
27
Feb
Jan
6
Pitts ton Co
(The)
Range for Previous
.%
*13%
*150
$ per share
9% May
NEW
Range Since Jan. 1
Highest
< per share
Lowest
Highest
29%
11%
1 per share
12% July
9'A Jan
10
10% Jan
4
44% Jan
7
Feb
46
35
Jan ; .4
36
Jan
Dec
16% May
11
Jan
3
121/8 Jan
14'A July
13% Jan
3
14'A Jan
6
3
5%
11% May
6% Jan
22%
Nov
35% May
26'A Jan
12
28
62%
Feb
71%
64% Jan
28
Poor &
Mar
Jan
3
20% Jan
3
21% Feb
3
Pub Serv
26
3
28
4
$1.40
24%
x25
Feb
17'A
Dec
3
24
14
Jan
30% May
Nov
Feb
Jan
38
Dec
Feb
87
39% Jan
85
25
Jun
53
May
33
Jan
31'A Jan
Jan
42
108% Sep
*25
25%
70%
'
V-*20
*145
*25 '/a
26% Feb
107
Jan
26 'A Jan
July
25% May
19
Jan
3
VB Feb
34 Ya Jan
Publicker
2
$4.75
Public
Co
14%
147
10%
35%
*34
*34'A
13 Ya
71%
71
71
•19%
21
19%
19%
147
25%
25%
*145
25%
149
60
25
800
243A
PRICES
Wednesday
1
9 per share
1
Thursday
Feb. 2
Friday
Feb. 3
the Week
1 per share
10
393/4
35%
*34%
35%
35%
35%
HYa
*113A
12
113A
113/4
11%
14
14%
13 Ya
14 j
*11'A
13 Ys
14
14
7'A
7'A
21%
7%
7%
*26%
273/4
65%
65 3A
21%
7%
*27
»
38 Ya
*35
7 3A
200
39%
4,200
36
7'A
/
i:
100
600
4,900
.;
7%
273/4
*27
65 Ya
65
65%
f
100
5,500
•
22
21 y4
21
20%
21%
86
*86
863A
86'A
87
8 61/2
87
39%
39%
39
39%
39%
39%
3934
39%
5,200
9,400
=A
_No par
21'A
21%
21%
21%
21%
21 Ya
21%
21%
21%
213/4
27%
21 'A
27%
27%
11,300
180
213/4
27%
27%
273A
27%
27%
27%
28
27%
33%
28%
32%
33%
33'A
341/4
34'A
34%
333A
34%
27%
33'A
34
No par
28
28%
28 Ya
28%
29
28'A
283A
108%
263/4
108%
28%
108%
108%
26%
26'A
*26%
271/4
*26%
28YB
108%
271/4
28%
100
common
*18%
19%
19%
19%
*183/4
193/4
12 Yb
731/2
preferred
Purity Bakeries Corp
conv
Quaker State Oil Refining Corp_10
*108
3,200
x
27 Y4
65%
86
853/a
/39'A
73/8
10
33
(The)
Shares
113A
14%
11%
14%
10
com_ _No par
com
Inc
Pure Oil
Sales for
Feb. 4
9 per share
*34%
21%
preference
130
191/4
35%
H3/a
853/a
25%
149
400
71
*18%
*93/4
137/B
39
*145
480
A
71
:
86%
393/4
11%
85 Ys
147
300
175
86
10
14
39
13 %
*150
403%
21%
39
14'A
170
10
20%
*85
*13%
*150
40 3/4
20 Ya
No par
14%
10%
19 7A
Colorado—20
1,500
*71
27
5
8%
13%
87%
65%
com
8ya
40'A
27
Inc
8%
39 3A
*10/
64 7A
com
6,600
8y8
87%
9 per share
40
331/4
8%
87
Feb. 1
27%
Pullman
14
*9%
40
33'A
170
Tuesday
64 3/4
7
20Ya Jan
10%
40%
33%
86
25%
7%
8
28
*14
147
~40
331/4
*150
71
: '
33%
8%
85%
643A
26
10
8%
*25 3A
31Ya Jan
Jan
148
20
*93/a
500
170
20
9 per share
14%
170
71
Jan.31
20
2,800
.14%
•143
70%
Monday;
; 4,800
30%
148
7%
Gas
15
•
30%
177
27%
&
14%
13%
87
*143
64%
of
30%
*170
21%
40
♦11%
_No par
Co
30%
i
20
115
148
170
25%
i.
177
85%
25%
r
13
*8 4'.
33
85
147
30%
15% -15%
14%
*150
*101
13%
87
.
900
102%
*170
*7%
108% Jan
28
*14
170
; 115
131/4
*84
■■
*143
64%
4
5%
;
9 per share
10
...
.
preferred-
El
*101
13%
85
*102%
33
*25%
Service
div
115
13%
85
30%
30
177
1
6
4
8 star day
_No par
Power
Industries
cum
102%
V,"
T 15%
148
preferred series A—50
conv
94
Apr
39% July
Feb
4%%
3
Dec
32%
Feb
class B
Procter & Gamble
18% Jan
Jan
101%
24
.
22
1
Pressed Steel Car Co Inc
24
Jan
—5
_
-......-5
Electric
28% May
32%
x25%
8'A Jan
Co
Potomac
66% Jan 18
81
147%
Jan.29
Pond Creek Pocahontas
24
Jan
Nov
20
*145
;/•
Plnngh Tnr
Plymouth Oil Co
12
12%
Feb
701/4
21%
84%
303/a
LOW AND HIGH SALE
STOCK
Par
20
38% Feb
Jun
YORK
1 per share
70% May
18
70%
*20%
EXCHANGE
Jan
33
85%
STOCKS
Year 1948
Lowest
1
*15
33%
*150
71% Jan
>
175
100
preferred class A
•
148
*8%
29%
♦102'A
;
30%
*14%
14
21% Jan
10
24% Feb
5%
30%
30%
102
*101
;
13%
83
15'A
14
147
3
19% Feb
139
88
13%
83
30%
'
81 % Jan
13%
83
*144
33%
30%
102
115
12%
*81%
•
30'/a
100
B
102'A
*170
'•
30%
*102
30%
30
,
30%
102%
*101
13
*81%
30%
*102
*107%
27
*19
108%
*107%
108
108
-
11,700
6,200
14,400
108
400
271/4
*27
27%
27%
27%
20
*19%
20
19%;
19%
200
12Ya
38,300
••
800
R
7%
Feb
15
Feb
Jun
12% Feb
143A Jan
7
Jan
74% Jan
22
7% Jan
9Ya Jan
10
95% Jan
24
Ralston Purina Co 3%%
29
19
Raybestos-Manhattan
75% May
11% May
70
89
Nov
98'A
Jun
92% Jan
25%
Dec
34%
Jun
26
22'A
Feb
633A
6%
Oct
x36
July
.
Jan
26'A Jan
Jan
30% Feb'
Radio Corp of America com—No par
$3.50
4
Jan
35
May
Jan
4
34% Feb
3
16%
Feb
27 Ya
July
x213A Jan
11
23% Jan
7
36'A
Feb
45
Apr
39% Feb
2
43
Jan
31
Feb
39
Jun
Feb
4
36
Jan
7
10
Dec
15'A May
10% Jan
3
11
Feb
4
101
Jan
106
Nov
7
106
Jan
31
7%
23% Jan
25
Reed
Dec
18
May
Jan
8% Jan
18% Jan
14
8% Jan
27
4
20% Jan
27
8% Jan
3
33
Jan
22
11%
105
Feb
4
11% Jan
14
$2
Dec
14'A
Dec
8%
Dec
25'A May
137A May
Dec
66
52
3
9'/a Jan
3
78'A
Dec
99
78% Jan
10%
Dec
63A
Feb
2 % Dec
Aug
293/a
Jan
13% May
5 % May
non-cum
non-cum
Jan
Jan
31
Feb
16% Jan
12
96% Feb
99% Jan
5
82%
Feb
102
For
footnotes
see
Oct
page
14
24.
28%
28%
287/s
29'A
293/8
293/8
295A
297/a
333/4
34
34
34'A
34%
34%
34%
343A
22%
*22
22%
22
22%
*22%
22%
*22%
39%
*393/4
34
*33
110
*40%
42
*40%
42
50
*323A
34
*33
34
5
100
10%
10%
*10 3/„
10 3/4
'103
943A
*28
29 Y4
12%
943A
29
*28
73
8'A
900
11,400
943/4
190
29
300
30
29%
30%
3,900
34Y4
34%
34Ya
1,700
22 Ya'
22;
22%
700
41
40%
40%
34
33
33
200
•11
11
1,500
*102
106
10
22
22
500
12%
800
'
50
106
106
106
40%
*33
*IO3/8
*102
40%
34
11
106
V-'-i
39%
*33
10%
*102
10 7A
106
10 Ya
*102
10%
106
22 Ya
*22%
223A
22%
22%
22%
22 Ya
12%
12'A
*12%
12%
12%
12'A
12
123A
9
8%
21
20'A
8%
20'A
9'A
91/a
preference
10
No par
5
series
100
50c
common
preferred-
25
-
Inc
1
1
50c
$1 convertible preferred
10
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper & Brass com
No par
51/4%
f
*22
.
.
333A
50
Republic Aviation Corp
Republic Pictures common
105% Jan
Dec
28%
28 3A
943A
22 Ya
Reo
7
15
953/a
*28
12%
7
31
953/a
*943/4
28%
22 Ya
Corp
pfd 3%%
Remington-Rand
27
951/4
953A
*22%
8
Jan
8
*11Yb
8% Jan
3
*72
8%
.
1
'■
12%
900
& Co—
prior
Stores
Motors
12 Ya
733/4
8%
common_No par
12% Jan
<
12%
73%
8'A
50c
Co
3
$4.50
127A
733A
8
28'A
Reliance Mfg Co common—
Conv
12 3A
73%
8
*943A
Inc
83% Feb
6% Jan
111% July
21 % May
~
2'A Jan
div
7Ya
28%
283/4
common
7
27% Jan
333A
(Robt)
$1.25
Reliable
73%
95%
1st preferred
2nd preferred
Bit
123A
8
*28 '/a
25
3
5% Jan
IIYb May
Feb
Bros
123A
74
71/3
1
Jan
24% Jan
Nov
Roller
12%
73%
8
*94i/4
preferred
Reeves
12 3/4
733/4
8
100
common—
4%
12%
♦73 %
No par
10
Oct
5'A
22%
103
7'A Feb
pfd
543A Feb
10% Jan
'J
Co
4%
9% Jan 24
1
common
Real Silk Hosiery
12% Jan 31
27
Dec
Aug
15% May
53% Jan
8Y4
No par
preferred
Reading
Reis
8
17%
preferred
Rayonler Inc
31
32
1st
Radio-Keith-Orpheum
preferred
100
*8%
*20
9%
54
9%
*80
12%
7%
9
21
9%
54
9%
81%
12%
7%
*8%
*20
9%
*54
9%
551/2
*8
9
*8
9
♦20
21
20
20
9%
9'A
9%
54%
543A
54Y4
54%
54%
320
9Y»
7,500
9Ya
9%
93A
83
83
83
*81%
84%
83'A
83%
12
12
11%
12%
*11%
12'A
*11%
7'A
7%
7%
7%
7%
73A
7Y4
54
9%
54
9%
12
7%
9%
*82
11%
800
7Ya
73A
3,700
11,800
2%
27A
27/a
23A
6%
25%
63/a
6 Ya
6%
6%
6%
6%
*6%
6 3/8
6'A
6'A
25%
25%
25 y8
25%
110
25 Ya
25 Ya
25%
25Ya
24%
25 Ys
*108%
110%
*108 %
110%
*108'A
110'A
15%
14%
15
97%
96%
96%
*109
*15
*97%
111
15'A
98%
110
15
*97%
110
15
98%:
27/a
110
15
*97%
3
15
98%
2 3/4
*15
97'A
2Ya
200
11 Ya
6'A
3
1,000
86
2%
25%
200
93/a
*80
9%
9
21
9%
54%
93/4
9%
*8
*19Y4
9%
23A
14
*97
23A
HYa
98
1,900
19,000
1
200
1,800
110
"
22
THE
(618)
COMMERCIAL
NEW
4%
Nov
92
Mar
5%
Dec
Lowest
.Highest
May
4% Jan
21% Jan
5% Jan
3
104%
Jan
101
11% May
41% Jan
Jan
Par
$ per share
15
Apr
8
29%
LOW
Jan. 29
26
•103% Feb*
-4
5% Jan 31
3
l6% Jan
«■
' 6
1
10
Reynolds Spring
:
—
Reynolds (R J) Tob class B
33 '/a
Dec
37
Jan
43
Dec
50
Jan
43
11
45
Jan
5
80
Oct
94
Jun
85% Jan ' 3
90
Jan
3l
Preferred
3.60%
series
105 % Jan
26
Preferred
4.50%
19% Jan
13
30% Jan
21
Richfield
Jan
12
Ritter Company
103%
Dec
103%
Dec
Jan
49
17%
Dec
28
6%
Feb
19%
17
4
Jan
4
-
Jun
24% Jan
18% Jan
.
3
Jun
-
3
5% Jan
7% May
Sep
3
Jan
102% Jan
Dec
24% May
17
15'/a
4%
34% Jan
-
12
5% Jan
28
8% Feb
July
21
<
29 %
July
22
Feb
24%
Nov
21
17
Mar
17% Jan
24
18% Feb
3
55% Jan-
14
54
Dec
72
May
52% Jan
25
8
8%
Dec
18%
Jan
8% Jan
3
16%
Dec
21% Jan
16% •Jan
«■
r
6
.
36%
10
*43%
*89%
series
100
100
Manufacturing Co
1
Common
Rheem
._i
Oil
i
Mines
5%
Controls com—1
Robertshaw-Fulton
4%%
9%
\
25
Inc—1
Ronson Art Metal Wks
Royal Typewriter
Ruberold Co (The)—
5%
6
6%
6%
36%
36%
36%
37
36%
36%
4,b00
44
2,300
45
36%
*44
90
104%
18%
18%
27%
20%
*5%
r.
23%
22
23 r
22%
.
17%
17%
27%
28%
26%
28
20%
19
19%
5%
5%
9%
8% 7 9
01
53%
53%
-
•1.
*22%
17%
*0^V2
1,170
*19%
9
,.
24%
18%
18
19%
10%
"'22%
17%
*53%
22%
17%
800
89%
5%
-
22%
22
23
17%
53%
800
:
105
19%
*5%
9
*22%
•44
28%
19%
%
•
9
104%
45
19%
5%
9%
89%
105
28%
28%
*19%
9%
90
104%
19 %
19
28
5%
*44
*89 %
105
104%
20
5%
45
89%
105 %
20
104
403%
103%
89%
*44
45
90
89%
t
27%
23
.
17%
*52%
_No par
5%
23
23
1
5%
*19%
9%
23
2
preferred
conv
20
1,000
6
105%
18%
18%
27%
20%
5%
5,400
.
22
22
103%
36%
90
22%
103%
36%
105
5
4%
5
22%
Shares
103%
*5%
*43%
4%
22%
the Week
104
5%
90
*22
22%
for
Sales
Feb. 4
t pe, share
Sper share
5
4%
5
*22%
Friday
Feb. 3
t per share
*103%
36%
45
18%
27%
4%
22%
104
5%
105
105
No par
No par
Corp—;
Roan Antelope Copper
3
23% Jan
Jan '4
27% May
7
25% Jan
1
Feb
5
10% Jan-
*
3
15% Mar
25
■
5
4%
22%
•103%
Thursday
Feb. 2
S per share
$ per share
PRICES
Wednesday
Feb. 1
Jan. 31
5
23
104
6
36%
5
*22%
*103%
Reynolds Metals Co com
No par
" 5%%: convertible preferred
100
SALE
HIGH
AND
Tuesday
Monday
'
tper share
2.50
Inc
Rexall Drug
6
Jan
23
Monday, February 7, 1949
RECORD
Saturday
STOCK
YORK
EXCHANGE
Highest
t per share
Sper share
Dec
19 V4
NEW
Range Since Jan. 1
Year 1048
t per thare
STOCK
YORK
CHRONICLE
STOCKS
Range for Previous
Lowest
FINANCIAL
&
*22 %
18%
>■
24
12,100
J
9%
'
3,300
400
24
*22%
23
23
18%
18%
18%
18%
*53%
55
600
1,800
5%
*5%
9
1,600
54%
53
53
\ 23
23
'
.
;
;
900
1,900
700
•
(Jacob)
10% Jan
13
Ruppert
3
19% Jan
24
Safeway Stores
5
112% Jan
JL1
48% Jan
3
*9%
5
9%
10%
9%
10 '
"£» >B
*
9%
600
19%
"9%
,9%
9%
5,3°0
S
'
107%
Sep
111
Jun
113
*
J an
'
,39% Feb
61%
44% Jan 20
Jun
10% Jan
16% July
*18%
*ll2%
112%
*112 %
447/a
44%
44%
St L-San F Ry Co com v t c—No par
Jan
25
Jan
19
St Louis Southwestern Ry Co—100
5% non-cum preferred
100
Feb
Feb
487/a May
38% Jan
6
67
Jan
139% May
110
Jan
17
122
58
Jan
101
Jun
90
Feb
4
91
8
Feb
13% May
8
Feb
79
Feb
91% May
;
9% Jan
4
,
—
12% J an 25
42% Jan 26
3
8%
32%
;
preferred
St Joseph Lead—
Preferred
series
5%
A
11%
vtc—100
St Regis
12
Paper Co common
lst-pfd 4.40% Series A
Savage Arms Corp
Schenley Industries Inc
18
Scott
7
,
19
85
.5
27
Jan
-
25% Mar
35% May
27
Feb
4
12% Jan
30% Jan
39% Mar
51
May
46% Jan
6
49
88
Nov
95
Jan
94
87%
Nov
93%
Apr
89% Jan,
12
Dec
15%
Jun
12% Jan
.3
79
Oct
87
Apr
83
Jan
5
8%
Feb
15 %
10% Jan
Aug
3
'
Jan
Jan
14
Scovill
14
Jan
20
Scran ton
85
Jan
10
*113
*88
93
*88
93
8%
26% July
16% Jan
Jun
54
Jan
20
Jun
16% Jan
4
20%
Feb
59% May
7
18% Jan
17
62 %
Feb
*'■
55
Jan
Jan
18
46
'Feb
4
Jan
7
Oct
5% Jan
27
6% Jan
13
43% Nov
37% Jan
31
39% Jan
8
12% July
8% May
10% Jan
5% Jan
26
8%
Mar
31%
Feb
9%
Dec
5%
Dec
9% Dec
Feb
94
24%
Nov
14%
38
7 11% "Jan
•-
,6
1
9% Feb
Jun
11%
99
Jan
12
Jan
31
Jun
36%
27
Jan
3
29% Jan
7
3
38
Jan
17
30
Feb
46%
Oct
34% Jan
Feb
27%
Jun
68
Feb
79
Dec
9
Dec
15%
Jan
12
Mar
14
Oct
13
33% Feb
,101%
22% Jan, 4
78% Jan 27
46%
Dec
7%
Jan
Dec
8% Feb
Jun
47/a
3%
7% May
28%
Feb
,
7
r
7
Jan' >7
6% Jan
*
Jan
104
17%
,
1
3.65%
Co
36
5
4
100
(The) common—5 i
Seaboard Air Line
*94
91%
*91
Roebuck
Sears
17%
v!
56%
*54%
56%
17%
17%
*39%,
40
39%
39%
38%
39%
*5%
6%
*5%
Steel
Sharon
5
>•'
Corp_
No par
$3.50 conv pref series A___No par
Shattuck (Frank G)
—No par
Sheaffer
21
39% Jan
6
,
4% Jan .12
'
27%
Jan^ 7
Shell
(W
Union
Oil
15
36% Jan
Simonds Saw & Steel___
24
Jan
Sinclair Oil Corp
92%
Feb
Jun
108% Feb
'127%
"Jan
18
Feb
25 %
Oct
19% Jan
17
; 23
Dec
35%
Jun
22
Feb
4
3
24
31% Jan
88% Feb
7
Sep
Dec
26
July
^un
16
Jan
21
23
Jun
16
Feb
4
17% Jan
,17% Jan
;8
Feb
96
Nov
104%
Jun
99% Jan
5
100% Jan
24
5
May
3% Jan
7
(AO)
Corp
3Ya%
*78
78%
•■•;»■
36%
36%
Smith & Corona Typewriters-No par
Solvay American Corp 4%
South Amer Gold
,3
South
43
Jan
24
44
52
Jun
60
Oct
54
Jan
27
11%
Nov
16% Jan
12
Jan
3
56% Feb , 3
12% Jan ,12
36% Mar
44
Aug
37
Jan
31
36 '
42 %
7
-
—
Jan7 3
39
Jan'
36% Jan
38
Feb
2
30% July
30% July
29% Jan
31
Jan
26
28 % Jan
30% Feb
2
..
1
35%
35%
5y8
5
5
4
4
4
Feb
43%
Feb
62% July
44% Feb
33%
Feb
50%
38
58%
Feb
70 r
Carolina
5%
Platinum
&
65%
Dec
73
July
1,500
6%
<•
,
10
9%
-v
500
•'
6,600
,'
101%
•■"•;;■■ ■;•:> 30
28%
28%
28%
3,000
36%
35%
36%
2,100
25%
24%
25%
1,500
78%
79
*8%
13%
25%
25%
:;v:
35%
*34%
*35
9
*101
101%
*35
35%
5%.%
preferred
conv
Southeastern
115
*110
*20
20%
21%
20%
20
20
22%
22%
22%
22%
30%
30
30
-»29%
30%
88'%
*87
.88%
>87
21%
•
*87
£ *87
88 %
99%
*98
,16%
16%
*100%
16%
101 %
16%
*16
'3%
16%
*16%
16%
16%
16%
xl6%
16%
*100%
100%
100%
100%
3%
*100%
•;V"
3%
„
7%
43%
43%
3%
*3%
3%
7%
*16
3%
7%
7%
7%
7%
43%
*43
•43%
*54
56 %
*55
*12%.
12%
.,
3-^a
South Porto Rico Sugar
;.
8%
com_No par
preferred
Southern
5
"*37%
25
California
12 %;
37
37
37%
*37% .'V39'#r
39
*37%
30%
'
30%
30%
30%
29%
29%
30
49% Jan
7
Southern
Pacific
Jan
41
Jan
7
Southern
Railway
61
Jan
26
Feb
66
Feb
4
5%
100%
>■
400
33,200
300
3%
:
3,890
7%
3%
7%
7%
-
*44
46
7,800
46
200
•
•
39
v
56%
56%
56%
55%
55%
400
12%
12%
12%
12%
12%
1,100
>
37%
37%
37%
37%
37%
1,200
7
38
38
-
"
30%
30%
30%
30%
30
40
*38
30%
:
>
30%
•
4,900
30%
29%
^
.
100
30%
30
,
40
*38%
,
30%
29%
30
■■"-'
'7
4,600
46
46%
46
-
46%
46%
46%
46%
44%
46'/a
16,000
38%
39 %
39 %
39%
39%
40%
40
40%
39%
39%
38%
39'/a
6,200
100
Co
*59%
60%
60%
60%
60%
60%
61
61
60 %
60%
100
*65%
67
67
*65%
_No par
common__No par
preferred.!
non-cum
16%
16%
*100%
3%
3%
*44
46
Ai
16%
16
16%
7%
44
29%
•
50
T,;:7 20
12%
37%
30%
!7
900
99%
*55%
55%
12%
29%
:
29%
88%
*37%
55%
12%
25
<
29%
100%
7%
7%
56%
—7.50
Edison
Southern Natural Gas Co
1,200
"
*43
12%
.37%
*37
!
500
22%
*97%
16%
-.
20
*87'/4
16%
v,,-
7
19%
29%
100%
'
1,300
88%
16%
101
38,900
"99%
88%
*98
16%
16%
:
500
21%
112%
22
>;■•;•■)
22%
29%
i
-99%
35%
20%
35
"
"
1,500
3.000
25%
108%
V
•
20%
22%
30%
4
*98%
'
*16
29 3
88%
98%
98%
99
*20
:i;
l,o00
7
3%
25
21%
115
6,600
5%
3%
35%
21%
114
22%
22%
25%
35%
116%
21%
*30
50
Greyhound Lines.
■;>'
,lio
*20%
*43
,:■■;
21%
21%
114%
22%
1
35%
21 %
3%
25%
25%
35
*5
5%
?;
500
14
33%
35
3%
;
*13%
,.
900
8%
8%
13%
200
79
*78
5
3%
25%
1
34%
5%
5%
'3%
.
j20'/4
7
35%
34%
.
25%
25%
14
114%
"*98
50
:
:
9 ,v>-
21Va
,
20'/4
Co com_4.50
E"& G
preferred
58% Jan
Jun
10%
•6
6%
36%
r
416'%
100
pfd
,
*3%
'
20%
<
■<
'
78%
*78
*
Dec
:'■"■ 10%
2,300
17,100
6%
38%
28%
25%
5%
15
Socony Vacuum Oil Co Inc—
13
45% Aug
25% Mar
38%
1,700
25%
37
35%
5'/a
4 7
25%
35 '/2
*22
-
100
100
»
preferred
Jan
Feb
—
preferred
4.20%
7% Jan
13
39
.
38
10%
*101
;
25 %
25%
35 %
,
21%
Smith (A) & Sons Carpet Co com—20
4% Jan .11
3
7% Jan
Oct
79
25
*13%
*115
10
31
147/s
8%
*78
25%
2,200
37%
10%
*6
29
14
35%
*34%
15
>.
20
3>
98% Jan
'15%
Nov
No par
Smith
98
5% Mar
10%
17
17%
*5%
6%
38
10%
101
28%
29%
36%
29
36%
■
*13%
35
___—No par
Sloss-Sheffield Steel & Iron—.
Jan
25
i
Skelly Oil Co
21% Jan
■
17
3
101
*101
"
;
13%
25%
Co
20 % Feb
95 % Jan
101%
•:
6%
10%
> ?•.
■:'?
—-
55%
*54
>
■>:
1,700
17%
39
38%
*5%
'•","
180
86
16%
"
.
y
13
♦84
'•,>>
50
91%
13
>
900
94%
*90'/a
?
17%
37%
10%
6%
*13%
No par
Simmons
33% Jan
27%.Jan
''
10
■'
>
'■{>■..
56%
17%
„
3,500
7,300
•
*92%
.
17%
*54
•
38%
*8%
*5
*3"%
Jan
84% Jan
*
6%
10%
>
86
17%
>
/
6
10%
10%
*5%
.
8%
1
Jun
Jun
37%
8%
5
Coalition Mines
44
Apr
48
13%
39%
*5%
8%
Silver King
32 %
39 %
38%
8%
Sheratdn Corp of America—
Feb
90
-;v
.
8% 7 8%
13%
13%
1
Pen Co
A)
Dec
Dec
36%
*24%
79
*78
,
v.
•17%
17%
9%
29
25%
36%.
12
27%
48
'
28%
29
*25
11%
27
94
.;
340
48 V2
91%
v
8,700
85
27%
*84
■
10
8'/a
*.
'•
1
10
,
12
13%
'•
56%
38
*10%
^
6
10%
36%
*28%
-No par
10%
■
17%
8
84
;
*90%
17%
6
37%.
101% 101%
*100'/2 102
*
3
,
,5% Jan
Dec
10%
6
17
38
10%
6%
40 %
*
7
13% Feb
4
27%
10%
*5%
10 %
7
Jan
9% Jan
'Jan,
80
10%
1
15
160
37%
—1
*
34
May
*5%.
6%
37%
38
No par
Gas
Sharp & Dohme
91'
"■..*54
17%
cQmmon_:u7I77i^,.—i
,• :$4.50 preferred ^
No par
&
,¥.*
17%
17%
Servel Inc
Oil
86
;
17%
Co__
Seeger Refrigerator Co
Seiberling Rubber"Co_^
Shamrock
*84
,86
•''!'
90
11%
13%
*84
86%,
;v
--j:
4,300
■
48%
94
>13 %
11,700
41%
27%
94
90%
12%
*54%
5
&
*84
%> 94
95
>91%
12%
No par
Co of Del—
Oil
13
12%
17%
-
'■
*
17%
Seagrave Corp—
Dec
3%
95
*91
86%
.
12
48%
•
11%
114
90
85 *
*84
2,8uO
*111
8%
8%
-
27%
27%
*48
48%
56
*17
'
100
A
25
91
*94
91%
.13%
*84
8 %
85
70
46 %
40%
">
I
112%
11%
<
93
12
12
27%
11%
42%
"*83
x8 %
*48
19
46
116
*84'%
*54 7
17%
t c—No par
v
Seaboard
Seaboard
8%
27%
11%
41%
*113
*88
1
com
preferred series
Finance Co
5%
.
100
;
11%
42%
117
93
■
,84%
94
.
13
45%
,112%
.
'
79
Jan,4
sFeb
Co
27%
48%
45%
47
11%
*113
93 V
11%
12
11%
27 %
48%
112%
42%
V
118
8%
•
84%
19%
*112'/a
'
48%
*48
% 94
7 *91
No par
pfd
12
27%
27%
r
common
26% Jan ,26
3% Feb
25
Elec
,3.35%; preferred
J.1
18
*
35%
V 5
Mfg
" 12
5
1.75
No par
*84
.85
18%
112%
45%
84%
8%
8%
8%
,
•
19%
-112%
*
11%
*88
*84
19
v
42
41%
115
<•
Feb
15%
13
11%
:
115
5
,—
11%
41%
41%
<41%
19
45% •45%
7115
100
Co cdmmon^
$3.40 preferred i
Jan
91
7
Feb
44
Paper
X96
7
3
.13%
7
,
Jan
45
11%
11%
.
41%
>
18%
:>; *112% 112%
112%
*110
•
80% Jan
19
18%
5
100
10
common
5%
<47
.47
*60
61
,
,
500
;
k
Jan
66
Mobile & Ohio stock tr ctfs
*65%
*65%
6.7
*65%
67
30
66
66
67
%
*
Highest
1 per share
Dec
4
Feb
Dec
63
Aug
>
Lowest
Sper share
-4
NEW YORK
Range Since Jan. 1
Year 1948
12%
<
$ per share
per
share
20% May
7% Jun
121/2 Jan
4% Feb
4
6'/a Jan
8% May
73
Jan
4 Vs Jan
3
5
68
Jan
24
13% Jan
17
"7
.
.
■
7
7
Spear & Co common—
Jan
21% Feb
4
24% Jan
7
Spencer Kellogg
Jun
26
Feb
4
27"% Jan;
7
SperrysCorp
7%
7% Jan
3
8% Feb
4
Spiegel Inc
61% Mar
74
19%
Dec
May
64
Jan
5
15
Feb
4
24%. Feb
May
23% May
Jan
*4
101
Jan
Jan
29%
Jun
Feb
3
16% Jan
7
26% Jan
20
70
.
91%
Jun
83% Jan
Nov
27% May
18% Jan
,
1
common—
Co
•
*12%
4%
12%
13
*4%
-'4%
Feb. 3
12%
12%
5 %
5%
12%
8
86
Feb
109%
97%
Feb
121
Oct
54%
Jan
73
Jun
36%
Feb
53
Jun
38
98 % Jan
Oct
109
Jan
28
4%
5
;
*67%
69
15%
*15%
25%
*25
Standard
com—No par
6
19
3
120
Jan
60V2 Jan 27
8
Jan
26
41% Jan
7
67% Feb
.'$6
13
67% Jan
Brands
Inc
preferred
prior 'preferred—
—No par
prior
$7
—No par
preferred
Feb
92%
Jun
4
74% Jan
7
Standard
Oil
of
New
Nov
35
Jun
23% Feb
4
"26% Jan
7
Standard
Oil
of
Ohio
89
Oct
97% .Jun
97
Jan
4
Jan
22
3%%
11%
Feb
15%
14 Vs Jan
4
16 % Jan
18
Standard
38
Feb
43% May
42
Jan
3
Feb '.'2
Oct
Nov
41% May
35
11% Mar
10% Feb
35% Jan
Feb
97
94
Jan
23%
Dec
36% May
12%
Feb
16% May
9%
Dec
18
Jan
Dec
20
24 % Jan
3
12% Jan
24
7
■
'A%
Steel Spring
convertible
Starrett Co (The) L-S
Sfcerchl
38% Jan
20
Sterling Drug Inc
Jan
27
100
..'27%
Jan
,
Bros
3%%
Stores
*
Stevens
7
Stewart-Warner
(J P)
&
16% Jan
26
1
14% Jan
7
Stone & Webster^
4
21% Jan
7
Studebaker Corp
Jan
15% Jan
"4
11%. Jan
18% July
13% Feb
16% Mar
29%
Jun
17% Feb
Jan
6% Jan
3
Jan
8
5
common
1
*102%
24%
*102 '/4
18%
18
85%
107
*115%
105%
.
*106
105%
115%
116
116
:
£
62%
38%
.,
15%
7
24%
*42%
11%
102%
Nov
11%
Dec
98% May
70% Nov
50 % Mar
113%
Jan
9%
Feb
120
90
53
26
10
Feb
4
11% Jan
8
17
Jan
27
17% Jan
13
18
Feb
4
19% Jan
•
37% Jan
3
40% Jan
13
26%
43
Jun
July
11% Mar
235
Jun
8% Feb
150
Feb-
1
4
13%
Dec
19%
Jun
13
Jan
3
31
Dec
44%
Jun
32% Jan
-4
Nov
16%
Jan
8% Jan
20
8%
For
footnotes
3
117% Jan
Dec
Dec
Jan
17
Dec
Mar
60
Jan
17%
9
26
117
18%
140
31
18
Jan
July
15% May
21% Jun
34% Mar
Jan
•7% Jan
92
see
pbs,<»
9*
7
9% Jan
6
Jan
11
14% Jan
12
Jan
7
9% Jan
5
,168
36 "
Sun
Chemical
160
23%
10,100
107%
*106
Sun OH Co
common
2,000
>
62%
62%
14,000
7"
39%
38%
39%'
15,900
-r.
39%
39%
;
70%
24%
69%
70%
70%
'
•
71%
69%
677/a
70%
24%
24%
~
!:
24%
24%
98%
.98
24%
24%
">'.
100
*98
98%
37%
*98
15%
15%
•
"
69%
43
42%
*35
,37%
11%
11%
37'%
37%
100
*98
■•37
98%
Class A 4%%
r
.
V
43%
43
43%
35
11%
11%
37 %
37%
-*98
100
-
*34%
15%
;
11%
37%
100
37%
•
*98
■
'*42»/2
35
11%
,10%
<
26%
13
13
13
13%
10
*10%
10%
10
10
10
-16'%
16%
16%
*16%
16%
16%
16%
*16%
13%
13%
13%
18%
19%
18%
v
16%
13%
13%
13%
13%
13%
18%
18%
18%
18%
18%
19
Sunray Oil Corp common
4%%
preferred series A~»
'4%% preferred series B__
Sunshine
Biscuits, Inc
Sunshine Mining
Superior Oil
10'%
,
17
1
25
25
12.50
-
Co
10c
,
26%
; 26%
'•
•26%
26%
26%
16%
16%
13%
13%
13%
17%
18%
115,100
:V>-
Co
4
92
92
92
53%
53
53
53
53%
53
117%
117%
10%
10%
10%
10%
10%
17
17
;
117%
117%
>*117%
10%
10%
17
17
18%
18%
18%
18%
18%
18%
39
39
39'/a
39 %
39%
39%
9
8%
*155
9%
*9
9
158
*14%
14%
*34
35
9%
8%
155
9
8%
9
155%
*156
162
14
14
•
34%
*8%
'
*13%
14%
34%
*34
35
39
18%
150
9%
*8%
13%
-
9%
i
.
■/'"
•:•
*34
*8%
r
<
'
1,500
-
30
3,000
.
'
20
20,100
17
r
8%
9
156
14
13%
35
9%
39
1,500
>
2,600
700
8%
4,100
152%
1,100
13%
500
35
400
'
*34
*8%
8%
.155
'
-
118%
■>
18
•
7
93%
53 i
10%
10
17
18%
39
158
14%
.35
•
*117%
17
18%
39
'9
• •
53
10%
17
6%
*92
118%
10%'
17
'■
r
•
18%
*34
*8%
Paper
7
92
118%
17
7
7
■•
H
2,700
187/a
^ '•■
1,100
92
*117%
17
7
V
U
•
1,900
7
-.
2,700
2,300
7
13
*91
.
-.'
10
39
10
Sweets Co of America (The)—4.16%
Steel Corp
53%
7%
1,800
4,800
**•
<
9%
18%
*155
*14%
Sutherland
53
7%
92
-j
300
t
12%
13%
no
39
25
50
Superior
of California
7
*91
53%
118'%
1
'r
800
11%"
*98 '■»,. 100
■
r
26
*117%
200
8,700
37%
37
37%
100
13
100
.1
43
35
?
35
25%
13%
pfd—
8,600 7:
24%
15%
157/a
35
>
11%
15%
*42%
42%
15%
10
53%
35,700
'
23%
*98%
'
99
*98
15%
15%:
1
No par
100
116%
6i ye
39 %
—No par
4.
.
115%
12%
7%
r
116%
61%
25%
93
,
107%
116
62%
12%
*7
.
*106
107%
25%
*91
">
18%
85%
22%
13
1
16,100
18'/a
84%
61%
16'%
Corp'common
:'i
.
23%
25%
,v$4.50 series A preferred—>No par
"
•
50
>
,
18%
"
6%
91%
-
800
:•
7.
85%
18
12%
10%
'
2,100
"
*35%
*10
24%
102%
r
!
f
.
"
J
70
24%
62%
38%
38%
15 «/
100
70 '
15
2,600
23%
116
115
69%
15%
39%
61%
62%
8,400
10
.
*84%
23
*104
3,000
70
'.
<*102% ,102%
85%
22%
'
8%
8%
24%
-
18%
85%
22
26%
1
15%
70
ir
•;
22%
4——20
(The)—
25
102%
17%
98
37%
25%
102%
*25
25%
102 '/8
22%
24
400
15%
25
15
—:
Stokley-Van Camp Inc
5% prior preferred
25
;
*98
68%
15%
*84%
11%
37'%
5
68%
15%"
18%
'37%
11%
100
Co Inc
.10% Jan
3
*35
69
15%
8
22%
99
44
v
21%
8%
8
'•'••:
26
26%
8%
'
22%
25%
8
85%
15%
15%
*42%
1
common
Corp
1
>
22
26%
17%
70%
24%
22%
26%
*84%
22%
24%
69%
No par
Inc_
38%
*97
50
preferred^
7
Jan
14% Jan
preferred-^
62
38%
100
common
116%
61%
10
common
*105
22%
406%
>
102%
18 Vs
85'%
116%
25
Jersey
preferred series A
18
13
31
;9%)Jan
-
•
Jan
38% Jan
6
Jun
,
•44
3
88
,
4
32% Mar
15% May
39% Jun
99
-
Standard Oil of California—No par
Standard Oil of Indiana—
25
69%
102%
18
*84%
22%
No par
23%
,
*24'%.
*102%
Standard G & E Co $4 pref—No par
109% Jan 43
4
$3.50
1
22%
26 %
"7%
:
15%
JNo par
22%
r
200
■
71
*69
71
*68 %
*67%
8'/a
8
8%
v
71
*68%
72
<■
*
1,900
•
'
5
26%
.
1,200
5
*4%'
5
*4%
22
68'%
10
88% Jan
26%
15%
common
25% Jan
23
26%
*67'/4
Squibb (E R) & Sons
f.,$4 preferred—,.
3
23
*68%
5
17
20
.
69%
—No par
preferred
——
Jan
103
26%
69%
26%
*23
v
2
;
69%
23'/4
'
Shares
'
5
*4%
4%
for
the Week
12%
12%
12%
5
Sales
Feb. 4
I per share
I per share
Sper share
5
Friday
Thursday
Feb. 2
12%
5
5
PRICES
Wednesday
vf pet share
5
5
5
4%
*68
■>
i
& Sons
(The)
Conv $4.50
,
Squar" D
No par
,
21% Jan
.
4
17% Jan
Oct
17%
15
r
'
79%
36%
1
4
$5.5o preferred-,
69% Jan 31
14
29 %
5
SALE
5
Feb. 1
t per share
127/a
12%
HIGH
Tuesday
•
29%
104
AND
Jan. 31
"
30%
Nov
Monday
I per;thare
Spalding (AG) & Bros Inc_
1
Sparks Withington
1
No par
7
Dec
Aug
Par 4:
'
,
,
Feb
21%
■
Jan-
Dec
95
LOW
Saturday
Jan. 29
>
•
..
22
Feb
1
STOCK
EXCHANGE
-Highest
20%
15%
'
STOCKS
Range for Previous
Lowest
'
>■
9'/a
<
.
Volume
Number 4775
169
THE' COMMERCIAL
Range for Previous
FINANCIAL
CHRONICLE
stocks
Year 1948
Lowest
&
Range Since Jan. 1
Highest
Lowest
"
,
NEW
Highest
york
LOW
stock
Saturday
..exchange
AND
Monday
Jan.29
(619)
SALE
HIGH
Tuesday
Jan. 31
•
-t
,
PRICES
Wednesday
Feb.
Thursday
Feb. 3
s per
$ per share
share
28%
Dec
8%
Dec
22
Jan
17 Va
Feb
26
Jun
79
36%
Dec
91
4% Mar
"V
4
32% Jan
25
Swift
8% Jan
3
11 % Jan
8
Swift
1
24 V2 Jan
7
Sylvania Elec Prod Inc
Jan
7
88% Feb
.4
4% Jan
3
21
Feb
82
Aug
11% May
5% Jan.
&
7
Co—
10 y2 Jan
14
Jun
3% Jan
3
4 % Jan
19% May
16 '/a Jan
3
17% Jan
Tennessee
67
49% Feb
4
55
Texas
Nov
25% May
13% Feb
4
17% Jan
Texas
Gulf
58
Jan
4
61% Jan
Texas
Gulf
52
15%
10%
31%
10%
21%
21%
21
21 %
-No par
*85y4-
87
87
87
19
Feb
4
23 % Jan
Texas
Pacific
Jun
47
Feb
71 %
19
Nov
25
10% Feb
Talcott Inc
(James)
Telautograph
Jan
9
Corp
4%
*10%
10%
*4%
I per share
4%
30%
5
1
'
Feb
45%
Dec
48% May
35% Feb
43 y4 Jan
7
46
Jan
3
Texas
11% Jan
7
Textron
4
65% May
4j
Jan
14
10%
Dec
20% May
10% Jan
3
xl4%
Dec
24
May
5%
25 %
Dec
141/8/Jan
Dec
46%
12%
Apr
15% May
5'/4
Dec
34%
Dec
(IV2
Dec
13 %
Apr
Apr
24
Jun
Oct
10%
14% Feb
Jan
19
7%
39%
85
2
15% Jan
5% Jan
Jan'
6 Va Jan
Jan
26
13
Jan
11
5% Jan
6% Jan
37% Jan
7
8
Feb
59 y2
May
Feb
95 y4
Jun
1% Mar
4 J/4
Jan
19% Mar
3iy4
Nbv
32%
Jun
x22% Feb
Feb
Jan
95%
17
Mar
40
Dec
104%
1
Thompson (J R)
Thompson Products
42% Jan
45% Jan
86
89
Jan
3% Jan
103
July
23% May
55
Third
Thomas
8% Feb
26% Feb
19%
8
6
•
8
29% Jab
8
Jan
104% Jan
>.1943
10
Feb
Co;
4
Timken
Detroit
10
Dec
9%
Nov
5%
98
Feb
Nov
12'A Mar
17% July
13%
Jan
10
Jan
22% Mar
10
Jan
4
23%
15% Jan
19
Apr
10% May
107% July
19 V2
6
19
% Jan
100
25% Mar
13
10%
41/4
*4Va
1614
16%
*16Va
52
51%
52
51%
52 Va
51%
Jan
4
19% Jan
3
Dec
36y2
Jan
32% Jan
Jan
100%
Jun
98 % Jan
<
Dec
21
13
4%
Jun
Dec
24
5%
8% May
32 y2 Jan
14 %
4%
Jan
6
34
Jan
18
-.99% Feb
6
92
2
-•
>
15
13 %
14
'60%
60%
60%
60%
601%
60%
6.800
20%
20%
20%
20
20%
19
19%
8,300
38 3/4
3574
37
8,700
15
,v
Jan
3
Jan
6
6% Jan
27% Jan
5% Jan
4
6% Jan
26
Jan
conv
25
Twin
24
'
5%
39
38%.
38%
37%
38%.
*43%
44%
44I/2
44%
44%
45%
*43V2
44%
300
10%
10%
10%
10%
10%
103/4
10%
10%
10 S/8
*15%
15%
3,400
'15%
15%
*15 Va
15%
14%
15%
14%
14%
14%
143/fl
2,300
5
38%
*43
39
-
44
53/4
75%
*5%
5%
*5%
29%
*28 %
29%
28'A
28 %
13%
*12 3A
133/4
*123/4
13%
76%
6%
%
6V4
61/4
6V4
*36%
37 %
*36V4
-
-
SYS
*28%
37%
1
.
50
36
•
'
i
1
8%
No par
44%
*86%
No par
*33/b
*27
■/'
23%
_No par*
36
•:
6%
1934
•
-
,
6
4
*
77.77
8%
_5
6 %
6%
63/8
19%
1934
193/4
*195/8
*8
8%
v/7
Twin
7
Corp
Inc_.
*36V4
V. '7'"
8%
*8'/4
8%
400
433/4
44%
2,100
*871/4
88%:
3%
33/a
28%
33/a
103%
*3'/4
33/a
31%
31/4
31/4
3%
*26%
28%
*263/8
28%
*26%
273/4
26%
27
300
23V4
23%
23%.
23%
x22 i/a
23
21,600
103%
103%
*103%
104V4
23%
23%
104
< 104
104
Coach
10%
63/4
6%
6%
"•
*6%
—50
*26 %
1
*6
■
I
100
y
13%
13%
13%
V
180
17%
17!4
17%
17
17%
4,000
42%
42%
42%
43
3,400
10
10%
10%
10%
113/8
12%
*16
6"%
100%
*13%
104%
'
?
17
100
100%
*104
1,000
42%
-v
'z
10%
11%
6%
3%
173%
11%
*16
3%
42
10%
6%
No par
Co
10
113/8
101
8%
233/a
■23%
10%
8%
28%
*27
23%
16%
com
800
441/8
11%
preferred
prior
1,800
88 %
*153/4
*98%
*8%
10
6%
193/B
441%
11%
:_No par
preferred-
8%
37%
6%
19%
*87V4
16%
20%
,*36%
6%
20
44%
*15%
*33%
19%
600
88%
17%
No par
37%
6%
20
30
6%
44%
41%
No par
com
preferred---
*3674
6%
6%
*87%
171/4
13%
37%
6%
6.V4
•
45
411/4
,_5
j_L-
*6
88
17%
*100%
6%
460
200
*44%
41%
No par
13
*86%
17%
1*
common
5%
27%
13
45
41%
11
5%
27%
13%
88
17%
*10
6
28
*13
44 3/4
42%
5
*5%
*271/4
13
*19%
173/8
No par
53/4
28
*
*6
6%
42 Va
2*
.
13
20
81/44
5%
*271/4
.
*86%
44%
88
*103% '104
_No par'
City Rap Transit
conv
*
103/4
Axle
Corp
prior
14%'
10%
^
Century Fox Film
$4.50
15
39
com
Coal Co
$1.50
1
5,200
15'/4
60%
44
preferred
20th
7/8
143/8.
*12%
& Western Air
Truax-Traei
28,800
20%
15
Tri-Continental
13
513/8
601/4
100
7
15 Vs Jan
49%
1034
Transue & Williams Steel
$6
100
500
51%
51
16%
15
.
4
4
100
4%
16%
38 3/4
com
20
102% Jan
103/4
*4
4%
17
60%
Corp—No par
Jan
Transcont'l
52%
*10%
103/4
4%
*16%
20%
14%
No par
.7% Jan
3
31%
Transamerica
*10%
4%
17
*42%
Timkeri Roller Bearing
7
10%
10%
*4'/a
17
7/8
—No par
16% Feb
5
12% Feb
Aug
11% Jan
1,500
*16%
■
is y* Nov
4%
4
60 Va
(The)—
preferred-*.-.
,
4%
100
preferred—
Thompson-Starrett Co
$3.75
4%
20%
4%
•
8
Jan
Transit
Steel
110
4%
15
$3.50 cum preferred—v..
No par
Tide Water Associated Oil com:—lo
25% Jan 21
39% Jan
..
13
.3% Jan
■
17 V Feb
May
7
Jan
Avenue
88%
20 3/8
prefeired
Jan
,20
88%
60%
common—
7% Jan
Jan
Jan
8378
17
—No par
conv
88%
_50c
preference
Co
5,000
2,700
8838
.
14%
Co
^
div
$2y2
11%
211/4
60%
1'
Ry
preferred-.
conv
Fair
3,400
10%
21
20%
common
conv
Thermoid
'
6% Jan
19%
Pacific
30
10%
21
10
ctfs__<.
Inc
$2.40
The
19
35% Jan
&
293/4
10%
21
No par
Oil
&
Thatcher Glass Mfg Co common
8
29
12% Jan
share
$1.25
22
26% Jan
10% May
47 % Jan
Sub
301%
Shares'
11
V>87 "
■V' 4%
Texas Pacinc Land Trust—
29
29%
*
tbe Week
21%*
51%
25
30%
i.
10%
»
4%
*10%
43/8
30%
Sales
Feb. 4
S per share
21
'
11
4%*
10%
*4%
30%
f.10%
,
17
4
5
Co
*86
5
*10%
5
Corp
Coal
87
5
Sulphur
Oct
5%
'
10%
21%
Producing
July
Dec
31
share
10%
Corp.—.
Nov
3%
14% Mar
31%
S per
'21%.
—
oom
,_i.
Gould
;3i y4
$ per share
No par
Ltd:
preferred
Symington
f per share '
25
International
$4
Par
-
28% Jan
Jan
7% May
9 % Mar
S per share
Friday*
Feb. 3
t per share
/
•
'
S per share
>'
6'/a
106 %
13%
-
10'/a
10%
12'%
113/8
12
*15%
16%
16%
163/a
6%
6%
6%
63/4
9,000
100%
13%
10078
100%
290
12
163%
/.-TV7/
7
100%
100
3,300
3,900
*
T
100
12%
13%
2,900
203/4
20%
20 34
*13%
20%
13%
20 3/4
20%
20%
20%
20 a/8
20 74
6,900
333/4
333/4
34
34
*33%
34%
*333/4
34V'8
*3374
34%
*98 %
99%
*98%
99%
99V2
99%
*99
6%
6V4
61/4
6V4
*6 Va
6%
*61/4
63/a
27'/4
*26V4
271/4
*261/4
271/4
6'%
*6 Va
6%
6%
6'%
9%
20% '
34%
'
>
100
6%
27
26
26
67
6%
-
*26
6
6 %
13%
100
200
100
*99,
6
100
6%
26%
1,400
50
26%
"6
6
1,300
U
9%: Dec
39
Dec
12
Jan
59 %
Jun
9V4 Jan
40
3
9% Jan
934 Mar
16 Vs
6
Udylite
(The)
Corp
Jan
3
46
Jan
12
10% Jan
3
12 % Jan
7
Union
Asbestos
"
Jun
Underwood
27%
Feb
393/8 May
291/4 Jan
27
31 % Jan
7.;
Union
37'%
Nov
Bag Ar
43%
38 5/8 Jan
28
42
7
Union
&
Carbide
Nov
103
Oct
110
Jun
107
Jan
6
91
Feb
98
Jun
94
Jan
13
80
Nov
90
Jan
86% Jan
7
21%
Feb
793/,
Nov
453/8
Sep
31%
Jan
22%
Dec
103'/4
Nov
93/8
Nov
57%
Nov
19
Jan
383/s July
96% July
110% Jan
94
♦
89 % Jan
15
363/4 Jan
5
Union
24% Jan
7
United
30% Jan
Union
7.
2.
Oil
Union
21
pfd $4.50
of
Tank
108
8
Jan
20% Jail
13% Jan 21
68% Feb
6
Air
United Biscuit
United
Board
United
Carbon
July
295/a Jan
3
30% Jan
28
United-Carr
.5% July
2 3/4 Jan
27
43 % Jan
4
2% Jan
3
Dec
Jan
9
41
Jan
3
47/8 Jan
May
3% Jail
7.
44% Jan
Unite
29%
29%
29'%
29%
29%
29%
3,500
39
39
39%
39%
39%
39%
39%
38%
39%
1091/2
IO91/2
*1091/2
22,100
*93
97
*89%
91
k—25
28
*93
28%
86 %
50
*50%
*36 V2
T'281/4
51
36%
'
86%
861/4
Apr
62 % Jan
3
65
Jan
7
28%
Jun
19% Feb
4
22 3/8 Jan
3
37%
Jan
46%
Jun
37 '/4 Feb
4
39'/4 Jan
20
48
Feb
58% May
50 %" Jan
3
52 3/s Jan
6
Jan
17
19% Jan
11% Jan
3
12% Jan
21% May
19
May'/,;
.%
28%
-
36V4
87
51
36 5/8
36
V'
36
90
27%
"
86
84%
51
51
36%
36%
5,100
85%
51 ;/>
36%
36%
120
28%
85%
51%
•
—
S
36%
»•
4,200
7C0
1,100
23 3/4
23%
233/4
233/a
23%
23%
23%
23%
23%
23 Va
23%
*107%
1081/2
*107%
108%
107%
107V2
*10712
108%
100
12
12%
12Vs
12%
12'%
1081/2
12'%
*107%
11%
11%'
12%
13,800
64%
64%
*641/4
65
65%
66
67
67
67%
67%
68%
21
*20%
—100.
20%
6 %
No par
Stores
*64%
213/4
21
21
35
*29%
par
6%
*6%
6%
*6 3/4
Wa
35
34%
35
34%
351/4
32
*29%
32
30%
30%
2 3/4
"23/8,
44
*63
65
*63
20
20
20
20%
20%
38%
38 34
38%
38%
38 3/4
39
51 %
52
51%
51%
51%
52%
5
United Engineering & Foundry
5
United Fruit Co
_~Nopar
v
i
■2%
2%
2%
2%
43%
43%
44%
*5V4
5%..
55/8
5%
2%
2%
443/8,
5%
*63
65
;v%j
44%.
*51/4
*63
65
2%
-
*43%
2% V
2%
2%
United
32
234
100
2%
4,300
44
•V
•'
.
%
234
49,000
44%
44%
44%
5,500
*5V4
5%
51/4
5%
*63
2
200
65
63
63
20
20 Va
19%
20
2,000
*37%
38%
37%
37 %
1,300
51%
.51%
51 '/a
51%
20
38%
5IV2
52
19%
19 %
19%
19V4
I9V2
19%
19%
191/e
191/8
11%'
11%
11%
11
11%
11%
11%
11%
•11%;
11%
%.*.
3,000
441%
*19%
Inc
2,700
,
5%
1
United Gas Improvement Co
7
1,400
6%
*43%
2%;
1,500
34%
*30
44
"
44%
203b
*37%
6
34'%
32
23%
44
65
20
.20%
*30
4,100
21
20'%
6%
34%
131/2
__
Mfrs
2%
*43V2
*43%.
*5%
Corp common.:
_l
preferred—100
Cos
21%
6 3/4
341/2
32
*30
23A
i___1
—
21%
6%
35%
'
44
.——5
common
21%
6 3,4
34%
*'
*43%
i
21%
'
Corp—10
Corp—No
12
2%
&
*36
28%
70
\
97
11%
44V4
Merch
87
51%
v
108%
.—No par
Coal
28%
28 Va"
86%
51%
*89'%
23%
2%
Electric
28%
Vr'M
*'
110
*93
90 %
11%
*43%
1%
2 8.%"
86%
511
23/8
United
no
97
90'%
901/4
1,800
*107%
7
•
28V4
44%
$3 preference
United Dyewood
110
*93
86%
2%
1
110
97
90
9
*43%
2
110
*93
97
*89%.
com—30c
7
110
p.-
OVUM
109V2
*93
•
V
9%
100
1
Cig-Whelan
109%
90%.
51
*50%
Vr
1103/4
;97
§89%.
.
:50
1.
Fastener
2% Feb
443% Feb
82%
23
30
*91%
common—-10
Co
53/4 Jan
,
7.
3
Feb
Dec
291/4
preferred
Carton
&
United Corp
16%
Dec
30
383/s
291%
38%
$3.50 convertible preferred——100
17
Dec
18%
-29%
■
60
11%
500
29%
3 8 3/4
'
6
3% May:
475/a May
Feb
11%
'
5
Coi_
12
18
4%
11%
commonL.
Corp
4% % preferred
7% Jan
X39 %
12
com
Lines Inc
383/s Jan
55
*11%
No par
convertible
United
.4
22V2 Jan 26
4
5%
18
5
3
.
4
Dec
12
12
'
Jan
4
Feb
12
preferred——
Aircraft
Feb
2%
11%
No par
ser
Car
34 % Feb
41
11%
California--
non-cum
Jan
Nov
*_
Pacific- RR Co
4%
,
Dec
23/s
12
No par
151/4
36
43
*11%
_No par
38%
Feb
43
5
Co
series
Dec
29
431/2
series
.51% Feb
10% Jan
Oct
9%
43'%
$3.50
27%. Feb
6%
*9%
44
$3.70
3
61% Jan
*91/2
431/4
Preferred
4
107
.
9%
441/4
Preferred
343/4 Jan
191/4 Apr
90% Mar
*9%
441/4
2
11
3
9%
44%
13
273/a Feb
22% Jan
*9%
44%
*11%
>
Carbon——No pai
&
Un El Co of Mo
11
9%
441/8
Jan
48'/4 Jan
30s/b May
110% Jun
Paper
*9%
44%
No par
Rubber
90% Feb
831/4 Jan
513/4 July
41% Jun
23'/4
Jan
1
No par
Corp
19%
:/
11%
t\lO,50O
193/8
11%
1,700
:
: /
V
8,700
Range for Previous
Year 1948
Range Since Jan. 1
Lowest
Highest
Lowest
S per share
$ per share
$ per share
16 3/4
Feb
89
Feb
.15%
■
-
92%
;i,
t
>
.
Feb
Feb
1133/4
,i
Jun
166%
■
Nov
8
Dec
76
23
Jan
7
4
97
Jan
173/4 Jan
8
100
54%
179
Jun
Jun
175
Jan
Jan
5
104'% Jan
10
7% Jan
178
4
7
U
5'/4 Jan
14
U
3
21
Jan
21
11% Jan
3
133/4 Jan
29
7% Jan
19
4%
Dec
Jan
Dec
36
Jan
17% Jan
Sep
21%
Jan
73/4
Dec
93/4 May
Feb
53% July
49
Jan
58
22 %
Dec
86
Dec
Dec
373/a
121
Dec
94
May
495/a May
1373/8
Jan
491/2 Jan
28
12
59% Feb
4
U S
11
7
U
87
7
3
43
Jan
26
4
133
Jan
Jun
41
72
Apr
Oct
69
873/a
129% Mar
1403/s
Jun
17%
Feb
193/s
Jan
37
Nov
425/8 May
4% Mar
Dec
4
45% Jan
12
13
691/2 jan
78% Jan
27
Dec
8% Jan
25
3
26
Feb
4
42% Jan
25
21
5
Jan
5
93/8 Jan
7
83% Feb
4
2% Jan
3
21% Feb
1
22% Jan
24:
20
Jun
16% Feb
4
17% Jan
7
10%
Jun
43/4 Jan
3
5% Jan
10
17
x20% Jan
15
165
Mar
42
4% Jan
1401/2 Jan
Jan
4
Dec
5
Jun
Feb
Feb
Jan
18'/a Jan ",'■4
383/4 Jan
3
Jun
16
Feb
135
6%
34
7%
U
971%
*96
97%
*96
97%
*17
18
*17%
18
*17Ve
18
*102
102%
*176%
179
100
5
100
102
102
102
*176%
179
*177
179
814
58
8%
81/4
'
*57
*8%
58
*8
59
No par
20
20%
20%
20%
20%
No par
*4%
5
4%
4%
4%
4%
*181/8
19
*18 %
1
13%
*7%
_
10
_
pfd series A
Co
100
*
4'8%
*48 Vs
58%
58 Va
*59
*22%
23%
22%
88%
*861/2
40%
*18%
21%
20%
21%
96
*96V4
97%
18
171%
17%
100
1011/2
1023/4
2,200
It 2
"
*176%
8
8%
*56
.
102%
179
8'A
58
20%
20%
4%
,
-
.
20 3/a
*4%
4%
*176%
4,900
20
178
20
8
8
1,200
*55%
58
Vs
20
*4%
5
19
10
V
3,300
1,200
18%
I8V2
*18'%
19
18 V2
18%
800
13%
13%
I3V2
.1334
13%
13%
13%
13 5/a
3,600
7 3/4
7%
71/2
*7'%
734
7%
7%
*7%
7 3/4
483/4
200
48 34
48
48%
*47%
48
46%
47
7Q0
63
. .
*59
61
59 %
591/4
*59%
60%
59%
59 %v
400
22%
*22%
22%
2278
23%
23%
23%
23
23%
481/2;
88'%
41%
41%
100
130 V2
130%
5o
*42 %
*41%
69 %
69 %
69'/a
69%
77 Va
77%
77.%
773/4
138%
138%
138%
20 1
138%
41
881/2
41.;.,,
130%
130
130
*86%
41 %
88%
42%
50
—No par
preferred
19
for
Shares
13%
7 %
*48%
*86 Va
19
131%
.7%
_10
common
1st
13%
.
Sales
the Week
96
57
4%
20%
,,
Friday
Feb. 4
$ per share
21%
*17%
:
178
178
8%
*57
M
102%
102
No par
common
non-cum
101%
21%
21%
21%
common
preferred
Rubber
S
8%
*57
21%
57
20%
Pipe & Foundry
20
Playing Card Co
—;
10
Plywood Corp common——_1
S
8%
29
3
Jan
98%
Dec
19
S
33/4%
1
Feb
12% May
22
150
881/2 Feb
643% Jan
6% May
Dec
U
Co
21%
*96
18
com
A
t per share
41%
130»/4
130%
88%
881/2
41%
41
'
131
129%
88%
41%
130
v.
88
40%
128%
2,800
88
120
41
3,100
130%
830
'
58%
23/8
4%%
21
Dec
85%
•'
Jan
38'/4 Jan
Nov
Dec
25% Feb
1233/4 Jan
63%
8%
Lines
S
V2 Jan
37%
673/b Mar
U
21
98
21%
class
Co
conv
Feb. 3
*96
_
Leather
Thursday
Feb. 3
$ per share
*17
_
S
&
Wednesday
Feb. 1
$ per share
20
Industrial Chemicals
Partic
20%
Tuesday
Jan. 31
S per share
No par
Machinery
preferred
Monday
Jan. 29
t per share
No par
S
26
52
July
No par
common
preferred
Hoffman
S
223/4 Jan
373/a May
Gypsum Co
4'/4%
73/4 Jan
Jan
Securities
_
S
3
45
Saturday
V
-
1st preferredFreight Co
S
1%
U
21% Jan
1774
11%
U
27
19% Feb VA-7'
4% Jan
5
42% Jan
^
$4.5o
U
2
24
U S & Foreign
Jan
Dec
39%
Feb
57
19%
85/8
20
8% Jan
4
533/4 Jan
STOCK
Par
14
14
17% May
Dec
^3
163/4 Jan
20% Jah
Jun
24% May
YORK
EXCHANGE
951/2 Jan
32'/e May
101
NEW
Highest
$ per share
23%
170
Jun
May
19% Jan
160
70
Jan
7 Vs Jan
15% May
3".
85% Jan
4
7
Jan
*8
10-
Feb
1
8% Jan
17
May
43% Jan
3
48
Jan
27
Oct
20% Jan
3
24
Jan
7
U S
Smelting Ref & Min
7%
U
S
preferred
Steel
1%
U S
1%
__
common
preferred
Tobacco
com
_
Corp
-j.—.^100
Co
No par
com
preferred
Stockyards Corp
non-cum
United
25
19%
*43
1
*4%
United Stores $4.20 non-c 2d pfd—5
$6
conv
preferred
No par
8%
United Wall
4%
conv
Paper Inc common—2
preferred
—50
Universal
8%
Leaf
TcbacGO
41/4%
9
3%
1
*17%
,43/4
1
9
*83%
v; 3%
86
1
*20
100
*161
■
com
preferred
1
—100
20%
166
*7%
7%
*47'%
21%
3%
2134
17%
17%
800
74%
53,500
1383/4
1,700
*9
*831/2
86
3%
3%
21% %*21
3%t
.
68%
.■■■■■■; '73Va
4V2
9
*83%
;
.
213/4
68%
75
*43
4%:
.
42%
68
74%
^ 20%
43%
9
V
41
68
75%
'■j'1381/4
201/4
v
4%!
.
42%
69
42 Va
:■
139
20%'
*43
•.
42'%
*68
X75
69
138%
.
47/8
;
17%
4%
.
V
.
42
68%
43%
9
86
42
,77% -.77%
.
20'/a
;
*4%
22 V2
com_No par
Inc
*43
4%
v
_
Pictures Co
r
4334
_—_l
Laboratories Inc
preferred
Universal
*33/a
20
*213/4
Universal-Cyclops Steel Corp
Universal
*83V2
43
,-21 %
171/8.'
V
20%
4 3 3/4
<
203/8
*43
138%
20%
433/4
138
20 %
*43
;.
21
9G0
6,200
433/4
___
41/2
*4%
43/4
*4 %
43/4
900
91/8
9V8
9 1/8
91%
9'/a
600
83%
83%
100
3 'A
1,400
*83%
86
3%
r:
17%
5
31/4
86
33/a
*21
22%
17
17V8.
138
139
42%
5%
/
22
*13 7/8
17'/a
3VB
*21
16 %
22
200
16 %
800
'
*4%
-
*20
*160
5
51/8
20%
165
*20 Vi
165
-
5 Va
20'%
20'%
165
.
*163
5
201,4
168
20%
r
*163
5
201.4
168
*4%
20 Vs
*163
5
1,000
20'%
4G0
168
10
-
7%
7%
48%
*47%
48%
21%
*21
■
.
•
7%
71/2
47;
47
21%
7%
*45
734
47%
7%
*47
7%
7%
7%
47'%
47
47
21%
2,800
30
V
14%
Feb
273/4
9 s/8
Dec
15% May
95/s Jan
2IT4
Feb
263/s May
22% Jan
12.1/4 July
Vanadium
Corp
11% Jan
20
Van
Norman
241
27
Van
Raalte
Jan
of America
Co
Co
i
Inc
15% May
12% Feb
19%
Dec
29%
Jan
20
Jan
22
"Jan
26
Vick
Chemical
Co
85%
Dec
94
May
87
Jan
88
Jan
24
Vicks
Shreve
Pacific Ry
86
Feb
95
85% Jan
90
Feb
1
5%
For
footnotes
Jun
see
page
24.
13% Jan
.
6
Vertientes-Camaguey Sugar
&
non-cum
preferred
No par
21%
21%
2.50
*10%
11
10%
10%
*10%
10
*23 Vs
24
23
23
223/4
22
21%
21%
21%
11
10%
10%
IOVb
11
105/8
U
22%
22 %
23
22 V2
22%
22 Va
23
21%
Co__6%
12%
12%
12%
12 %
12
2.50
*21%
22
21%
213/4
213/s
corn. 160
*88
91
*88
91
*88
92
*88
92
*69
98
*89
100
*89
90
*89
90
90
90
*89
93
*89
93"
*89
93
800
1,000
1,300
93
3/s
23
12%
12V4
12V4
12V4
12%
12'/a
121/4
1,600
22
21%
22
213/4
21%
2IV4
21%*
1,000
"20
24
(620)
COMMERCIAL
THE
Year 11)48
Range Since Jan. 1
Lowest
Highest
9 per ehare
9 per thare
32%
Dec
48 y8
85
Oct
93
Jun
35% Jan
91
Apr
14% July
I
99% Jan
lb% l*ay
15% Jan
109
15 Va
Jan
*37
3s
37
*93
95
*93
21
Jan
6%
21
24
118
114 Vi Jan
117
Feb
14% Jan
20
Jan
19
32% Jan
div
Virginia
4
12
$5
com
preferred
Va Iron Coal & Coke 4%
pfd
38 % May
30% Jan
Nov
34% May
30% Jan
32% Jan
8
247/a
Dec
39 %
Apr
25% Jan
27% Jan
11
25%
Dec
32 %
Jan
25
27
Jan
13
Apr
32%
Jan
30% Jan 24
31
Jan
13
66
Jan
58% Jan
6
60% Jan 28
Wabash
Waldorf System
29
112
16 Va
*110
113%
16
16 Va
116%
*116
116%
*116
20
.-25
Virginian Ry Co common
6% preferred
Visking Corp (The)
Vulcan Detinning Co common
7% preferred
Dec
29%
112
16 Va
100
10
100
25
5
20
20
93/4
20
*30
31'A
31%
27
26%
31
*60
61
*26
10
I per
95
10 %
*9%
*110
9%
95%
9%
*110
112%
37
*93
20
31%
16
*93/4
1121/2
16
1,900
9%
9%
300
107
107
112
900
95%
*93 i
10%
>110
16%
116%
116
20
*31%
32
116
20
116 %
20
31%
16 '/a
16%
20
50
117
20
600
32
*31%
410
32
19%
20
13.200
16%
16
117
20
32%
32
16%
116%
116%
for
Shares
36%
35%
*36V4
951/2
Sales
the Week
$ per share
t per share
thare
37
*93
Friday
Feb. 4
'
20
31 %
*30%
*26%
Feb. 8
36 J/2
37%
*93
93A
*
*36%
:
9%
25
partic preferred
Elec & Pwr Co
28%
Jan
t per share
95
_
Thursday
Feb. 2
Feb. 1
37
3%% preferred
100
Va-Carolina-Chemical com—No par
Wednesday
Tuesday
S per share
Victor Chemical Works common—5
24
Jun
23
Dec
9 per thare
26
Jun
117 Mj
Par
perthare
16% Jan
124% July
Jan.31
11% Jan
8% Jan
Feb
Monday
Jan. 29
Jan
93
14% Nov
Saturday
EXCHANGE
38% Jan
3
s
Jan
Monday, February 7, 1949
LOW AND HIGH BALK PRICES
STOCK
NEW YORK
Highest
t per thare
96%
7 Vb Mar
CHRONICLE
STOCKS
Banc* for Previous
Lowest
FINANCIAL
&
1,300
31%
31%
31%
31%
321/4
313/4
32
*26%
26%
*26
26%
*26
261%
26%
26%
*26
26%
*26
26%
*26
26%
*253/4
26J/4
*25%
26%
*253%
26%
*30
81
*30
31
*30
31
*30
31
*30
31
611/2
*60'A
31%
313/4
313A
31%
200
W
57 y2 Aug
12'A
Dec
15%
Jan
12% Jan
4
13% Jan
12
28
Dec
35%
Jun
28
Jan
4
293A Jan
8
Aug
102% Jan
19
Jan
8
27% May
22% ,Jan
8% Feb
3
23% Jan
21
4
93A Jan
7
Feb
4
15% Jan
21
92% Jan 24
94V4 Feb
3
5%%
10 3/4 Jan
7
RR 4%%
Warner
100'A
105
Apr
xl8% Mar
8% Feb
13% May
10% Mar
16% July
x83% Mar
101
9»A Nov
"14
14.
Jun
May
9% Jan
105
3
100
No par
No par
preferred
Co common
preferred
Walgreen
603/8
*60'A
61 J/2
*60'A
*60%
61%
123/4
*123/4
13 Vb
*12%
13'A
*123A
13%
13%
28%
28%
28%
28%
28%
28J/2
281%
283/a
13%
28%
104'A
1041/4
103%
103%
50
23%
22%
23%
2,100
87/b
8%
83/4
2,500
—100
*103%
105
*103%
105
*103%
105
Walker (Hiram) G & W
No par
22%
23
22%
23
22%
23
Walworth
No par
8%
4%
Co
83/4
83/4
83/4
*103J/2
105
23
8%
23
83A
23
83/4
*8 3/4
143/4
143/4
*14%
14%
14%
14%
14'/a
141/2
14%
14%
14
*93%
93%
93%
933/4
933/4
933/4
*933/4
941/2
94
941/4
93%
5
9%
934
9%
9%
Pictures
10
9%
10
10
Y
9%
300
13
28%
1
preferred
Bros
8%
13
28
100
Ward Baking Co common
100
61V2
60 3/8
123/4
28%
1,500
2,300
14%
93%
80
9%
10
9%
12,100
v
.1
22
1
Nov
xl9%
20%
Jan
32
22% Jan
Jan
6
34% May
'•
20
Feb
4
24% Jan
8
25
1
Warren
7
25% Feb
22% Jan
27% Aug
Nov
Warren
Foundry & Pipe
No par
Petroleum Corp
3
Washington Gas Light Co___No par
11
Jan
Co
Motor
Dec
20%
May,
4
14
Jan
24
Waukesha
16%
Dec
22-
Sep
16% Jan 28
17
Jan
18
13
Dec
30%
Jan
12% Jan
4
15%4 Jan
25
6% May
3% Jan
3
43/s Jan
22
Webster
Dec
'26
28
27% Jan
81% Jan
3
84% Jan
24
26% May
21% Jan
3
23 Va Jan: 21
19% July
Nov
14% Jan
3
153/4 Jan
86 y2
21
Jan
25%
25'A
25%
24%
20'/a
20 «/2
20%
20%
20%
20
20%
*24'/a
243A
*24%
24%
24%
24%
241/2
24%
13'A
13%
123A
13 '/a
17
16%
1,900
8,700
25%
20 J/4
24%
16%
25%
300
"
2,200
13%
13%
133/B
13%
17%
*16%
17 %
*16%
14%
14%
*14 J/4
143/4
143/4
1434
14%
14%
14%
14%
14V2
14 S/8
1,400
4%
4%
4%
4»/b
4%
4%
4'A
4 %
4%
4'A
4Ve
4'/a
1,400
3.700
5
preferred
$4 conv
25%
20'A
13%
Wesson Oil & Snowdrift com—2.50
7
Jan
34% Aug
Sep
x80
24
20%
*24%
*16%
Inc
Tobacco
24
20 3A
25%
—5
1
Wayne Knitting Mills
Wayne Pump Co—_—
3%
*23%
24
20%
5
12%
123/4 Jan
24
*24%
No par
+
.
21%
22
V*
133/B
133/B
17
13%
17
*16%
*16%
22'A
22 J/2
22%
22=%
22%
231/2
84
84
83
83
833A
833/,
83 3%
83%
22%
22%
22%
22 Vss
22%
22%
22%
22%
14%
15
14%
15 Va
15
15 VB
15V4
15 3%
*110
110%
200
22%
21%
223/a
83%
83%
84
22%
22%
22'A
22%
1,500
15'A
15%
15V4
15%
8,600
22'A
*83
270
*
,19% Mar
13%
Feb
<
Indies Sugar Corp_
West Penn Elec Co com,
West
7
Class
114
Jun
109% Jan
12
110% Jan
Apr
119%
Jun
114
Jan
24
115% Jan
3
7 %
103% Mar
111%
Oct
28
110 3/4 Jan
13
6%
*105 V* Nov
113
Jun
106% Jan
108% Jan
3
112% Jan
Oct
107
Jun
106% Jan
28
108% Jan
26
Oct
16%
Jan
14
173/4 Jan
20
West
Jun
39% Feb
4
41% Jan: 24
West
Jun
106 3A Jan
1.3
108 % Jan
25
10% May
5% Jan
5
6% Jan
19
104% Mar
xll3%
100%
16%
38%
22%
Apr
51%
Feb
100 Va
Feb
5%
34 V*
110%
Nov
7
.
A
1
No par.
No par
s
preferred
preferred
100
100
_
4%% pfd
100
preferred series B
100
Virginia Coal '& Coke
5
Va Pulp & Paper com__No par
Wefct Penn Power
24
4.20%
.—100
4%% preferred
(
Western
Dec
46% May
35
Jan
3
39% Feb
2
16 >A July
103/4 Jan
4
12% Jan
20
Western
31
Auto
Western
7% Mar
29
Jan
12
4%
30
Jan
24
26
Supply
32%
32 %
32%
12%
100
100
'101 %
102
*101'A
12.60
*25%
26
25%
Feb
4
16% Jan
8
Western Union Teleg class A_No par
31% Jan
4
343A Jan
7
Westinghouse
No par
com
100
A
.
23%
Dec
33'A
Jun
23% Jan
31
Jan
7
85 y2
Feb
95%
Apr
94% Jan
11
97% Jan
28
91 Va
Feb
101 y2
Jun
99
Jan
7
101% Jan
26
Brake
Westinghouse Electric com
3%% pfd series A
3.80% pfd series B
25
Dec
40%
Jun
243/4 Feb
A:
26 3A Jan
11
Weston
Oct
433/4 Jan
4
48% Jan
27
89 % Jan
12
20
White
22% July
18% Jan
3
213/8 Jan
21
July
53% Jan
5
54% Jan
21
Nov
283/4 Feb
1
30
Jan
12
24
Dec
Feb
Feb
126
31 %
19%
Feb
9
*54
25
16% Jan
85% Jan 22
Jan
27'A
*29
25% Jan
3
Jan
27%
24% May
Aug
1
-No pai
—.20
12
92
Feb
9%
1
Jan
Mar
23
Motor
White
$4
Co
Sewing Machine
com
preference
conv
Prior
.<
preference
6
*9%
6%
Oil
Co______
54
% Feb
3
13
10%
Nov
17% May
11
Jan
3
12% Jan
18
Wilson & Co Inc
Dec
88'A
73
Jan
7
78% Jan
22
Mar
65% May
Jan
56% Jan
13% Jan
Wilson-Jones
17
No par
10
Co
12%
Dec
19
Jan
12% Feb
4
14%
Dec
18
Jun
14% Jan
14
Jan
4
313/4 Feb
4
34% Jan
10
6% preferred
Woodward Iron
44% Jan
3
47% Jan
21
Woolworth
128
Jan
Dec
xl38
28
Feb
t 37% Oct
41%
Nov
49%
13%
Dec
25% May
58 ys
Dec
81%
x62
Nov
94
58
Jan
96% July
125
Jun
16% Feb
Wisconsin El Pwr Co
3
Jan
18
131
No par
common
$4.25 preferred
10
com
100
Co
113/4
*76
*12%
*16%
*130
107%
16%
340
111%
*106 V2
16%
16Va
39'%
108'A
*1061%
5%
40 Vs
108
*106%
G
6
6
800
39%
1,500
108 %
39%
*106
•
5%
*5%
5%
1,000
38%
38%
'39%
38%
38%
38%
38%
2,200
11%
11%
11%
*11%
11%
11
113/8
27%
*25%
28
*25%
26%
*25%
1,400
y 100
28%
*27%
28%
68%
68 Va
15%
15%
15%
32%
32%
32%
27%
24
23%
98
24%
*97
97%
102
25%
*101
107%
46
46%
87
107%
87
*24%
23%
'A
28 Vb
28
29
27
27%
67
67 "2
65%
65 %
500
15%
15%
15%
15%
15
15V4
2,400
32%
32%
32%
32%
32%
32%
4,000
24%
15,200
24%
97
24%
"100%
25%
X24
97%
*96
101%
*24%
X97
97
*99%
*25
26%
*25%
*101
107%
47%
47
471/4
46%
87
*87
*24%
*24%
15
15%
15%
20%
20%
20%
20%
20%
54%
*53%
54%
*53%
54%
29%
*29
29%
28%
29
*29
26
87
25
87 'A
*87
87%
25
*241/2
25
*24%
-15%
20 V2
20%
20%
*53%
54%
*53%
15%
29% *
15%
9%
9%
9%
9%
91/2
9%
6 7/8
6%
6%
6%
*54%
*
55%
*543/8
113/4
11%
113/4
781/2
78
78V2
12'A
13
*12%
165/a
16 Vs
131
*130
12%
13
16'A
xl6
29%
32'A
323/8
321%
32%
32%
32
10
46 V2
46%
46%
46 Va
9%
800
6%
6%
6,100
54%
78
13
12%
400
12'A
800
16%
12 %
*130
131%
5,300
78
16%
16%
*130
200
11%
*771/2
12%
16%
I3IV2
54'A
541/4
11%
11%
*77%
16%
16%
>130
46%
9'A
7
xl 1%
6,000
131'A
70
*32%
321/2
32%
32%
31%
32
3,100
47%
47 3%
47
47%
47 V«
47%
9,200
Worthington Pump &
60% Mar
13 % Jan
3
153/b Jan
7
Jan
14
65% Jan
25
64%-Jan
4
70% Feb
2
Feb
3
79
Jan
10
July
67'A Jan
3
x72
Jan
18
93/4 Jan
7
Jan
20
60
Feb
May
69
72
•
8
Mar
11%
Jun
8% Jan
3
22
Dec
34%
Jan
21 % Jan
6
10%
Feb
16% May
10 Va Jan
28
48
May
37% Jan
3
24
Oct
18 3A Jan
3
19% Jan
89%
Oct
69'A Jan
4
74
Jan
28
xl9% May
133A Feb
4
143/4 Jan
Machinery common
No par
Prior pfd 4%% series
_100
Prior pfd 4%% conv series—:100
Wright Aeronautical
Nopal
Wrigley (Wm) Jr (Del)
Nopai
Wyandotte Worsted Co
6
6
*13%
141/4
14
14
14
14
14%
14%
14
14
400
63
*62
64
64
64%
64%
64%
64%
63%
64%
190
*69%
70%
*69%
70%
*70
70%
70 Va
70%
70%
70%
69%
70%
>71,
75
*72
76
*72
76
*72
76
72
72
*70
70
70
70
70
70
*68','2
70
69
69%
9
9
9%
9
*9
9%
63
9 VB
*13%
64
69%
69%
69%
9%
9%
9%
9'/b
9%
Va
130
10
74
1,100
,
800
Y
37
Dec
15%
Feb
65%- Dec
13%
Dec
24
12% Jan
Towne
Mfg
28
Co
Corp common
1
preferred
50
Young (L A) Spring & Wire_No Par
18
39
&
York
7
% Jan
Yale
4%%
7
Youngstown Sheet & Tube—No pax
Youngstown Steel Door
No pax
22
22
221/s
22
11
*39
39%
*39
19%
*18%
*18%
10%
21%
22
22
21%
22
22%
22
2,000
10%
10%
10%
10%
10%
10%
10%
10%
10%
2,000
39%
*10%
39 %
39%
39V2
39%
*39%
39%
*39%
39%
*18%
22
I9V2
18%
18%
72
72%
71
72%
71%
72%
14
14
14
14
14
14
18%
18%
72'/2
73
72
14
y
14
14
19%
Feb
3%
♦Bid
sales.
and
6% May
asked
,
prices;
distributed.
wdWhen
33/4 Jan
no
sales
Jan
7
Zenith
4% Jan
15
Zonite
32
27% Feb
July
35
Dec
on
this
day.' $In
Radio
fiEx
receivership,
No par
1
Corp
Products
Corp
liquidating
$40
13%
18%
300
70%
72V2
9,900
14
13%
13%
Stocks,
Number of
Shares
a Deferred
27%
28%
3%
3%
28%
4
4
The Superheater
Co.
r
Transactions at the New York Curb
1.200
Cash
sale,
2,600
1,300
Special
s
Stocks
(Number
Sales
.
$1,000
3,000
115,000
14,000
2,377,000
2,791,000
519,600
$13,577,000
Exchange
Daily, Weekly and Yearly
Bond
447,000
626,400
"4,199,810
10,000
316,000
655,250
$2,689,250
1949
4,199,810
$788,000
■"
2,629,000
■:■!
$6,000
3,324,600
2,476,000
Government
153,910
98,000
$170,000
—
$6,000
4,106,250
$16,442,250
Corporate
$7,000
,
-
$37,000
31,000
$63,000
10,000
Total
$107,000
—
139,000
179,645
116,000
25,000
10,000
151,000
177,565
Tuesday
Wednesday
Thursday.
150,000
138,000
11,000
299,000
174.850
104,000
199,000
9,000
989,070
Total.
103,000
234,660
27,000
foreign
Foreign
Domestic
68,440
Saturday
3,118 400
—
Bonds (Par Value)
of
Shares)
Week Ended Feb. 4,1949
$729,000
$314,000
11,000
218,000
17,000/
225,000
$96,000
$1,139,000
Jan. 1 to Feb. 4
1948%
1949
5,080,080
22,111,774
Week Ended Feb. 4
1948
1949
25,011,886
Stocks—No. of shares-
Bonds
$71,000
$192,000
$6,000
from
Bonds
$125,000
2,144,000
Total
changed
Government
$662,000
3,424,000
Railroad & Industrial
4
Bank
2,179,000
767,620
-
28%
28%
4
Bonds
Week Ended Feb. 4
Foreign
cName
28%
Bonds
Bonds
1,062,900
U. 8. Government
delivery.
4
Foreign
and Misoel,
733,670
International Bank.
28%
4
Total
722,550
Stocks—No. of shares
28%
4
y
1
__
10.
29
United States
613,190
Total
4
4%
Int'l
Railroad
299,880
.
28%
28%
dividend paid May
Exchange
Daily, Weekly and Yearly
Saturday
Monday
Tuesday
Wednesday—
Thursday
Friday
*4
%
\
x-Ex-dividend.
Transactions at the New York Stock
Week Ended Feb. 4, 1949
28%
200
19%
72%
/
$7,000
170,600
2,689,250
71,000
337,000
1,834,000
1.586,000
9*418,150
8,511,200
13,577,000
18,899,700
72,923,600
120,271,000
$16,442,250
$20,563,700
$82,749,750
$130,808,200
989,070
Jan. 1 to Feb. 4
1948
1949
1948
1,270,035
5,465,687
5,784,369
$1,430,000
$3,761,000
$6,480,000
Bonds
Domestic
Foreign government
Foreign corporate
TotaL
$729,000
314,000:
352,000
1,402,000
968,000
96,000
29,000
228,000
266,000
$1,139,000
$1,811,000
$5,391,000
$7,714,000
'
:
300
9%
54%
5
54%
*28%
1134
13
130%
3,200
20%
*53%
78%
11%
*77
163/4
130
131
55
54%
55%
11%
21
20%
6%
*77%
200
1,900
54'/2
*9%
7
3,900
15%
15
29
29
6%
113/4
46
45
9%
78'A
107%
*101
*
46%
7
55%
200
2434
46%
15 Vs
y
150
400
100%
24%
107%
1,200
97
96
100
101%
*101
87'A
87
25
25
15
24 Vs
24%
101 %
107%
*101
27
*24%
27%
28%
68%
*67
24%
97
101%
10
Co_—
(F W)
*543A
111%
107%
11%
15 %
Wilcox
1113/8
38
25%
12
640
11%
87
24
y
38
*24
7% Jan
40%
40
110%
114%
106
*105%
16%
111
108
*5%
114'A
114%
106
*106%
17
40%
IIOV4
1101/2
114%
*105
-
11%
*86%
11% Jan
6 34 Jan
May
40'A
106
38
*15
3
69
51
12
*105%
11%
47
20%
5%
106
40
114 3/8
114%
114%
38
46%
9% Jan 28
Jun
Willys-Overland Motors com
1
$4.50 conv pfd series A___No par
6% Mar
23%
*97
'101
133/4 Jan
83
X53
Instrument
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg
(The SS)
20
July
57%
13 y2
Air
11%
5%
114%
*106
No par
15
115
5%
108
15%
May
Jan
40%
*106
15%
26
Mar
*40
40%
108
*15%
Dec
80
40
*106
68'A
Dec
37
107%
*16%
*110
1113A
*106V2
13%
*28
15
Elec
111%
107%
*16%
*66%
58 %
27
111%
*106%
17
68%
11
29'/a Nov
*111%
107 V2
16%
28%
5
Jan
Jun
1113/4
*106%
28
3/8 Jan
63
39%
*111%
16 3A
.
*66
26
RR
111 3A
107 Va
*16%
*27%
May
74 Va July
series
*111%
*106%
*25
273/4 Jan
36 y2
110%
-
*105'/a
114%
100
38% July
Nov
110
107
114%
10
100
Co
22% Mar
Pacific
110 J/2
*105'/a
5%
Ry com
2nd pfd
non-cum
*110
1143/4
107
*37%
25%
Preferred
110%-
*114%
1
Maryland
Western
68% Jan
Lines,Inc
Air
*110
*105%
i
4
Number 4775
Volume 169
the
commercial
Bond Record
&
financial
friday
The
italic
letterB
In
the
column
headed
"Interest
Period'-'
Indicate
In
weekly
-
each
the
case
montfc
GOVERNMENT BONDS
Year 15)18
Range Since Jan. 1
Highest
Lowest
105.1
Sep
Sep
108.28
NEW
Highest
102.23
102.22
Sep
108.13 Jan
May
108.13 Jan
26
Treasury
Treasury
Treasury
Treasury
Tfeasury
Treasury
Treasury
Treasury
26
Feb
102.23
102.31 Jan
Sep
101.11
Jun
101.19
102.31 Jan
,3
104.9
Feb
Feb
3
Jun
100.24 Mar
100.25
Jan
100.23
Jan
100.26
Apr
100.23
Sep
100.24
Sep
100.16
Sep
100.7
Oct
100.27
102.26 May
102.26
May
May
100.7
100.23
Jun
101.12
Oct
Jun
101.14
Sep
100
Mar
100.4
100.18 Jan
100.18 Jan
100.23 Feb
100
Mar
100.2
100.23 Feb
Feb
100.31
Sep
100.13 Jan
100.14 Jan
20
21
101.13 Mar
101.18 July
101.19 July
Oct
100.16
101.8
Jan
26
101.8
Jan
26
May
98.24 Jan
10
99
Feb
1
99.30 May
99.11 Jan
5
100
Feb
2
price.
No
sales
l«»
transacted
this
Interest
Exchange
day.
a
Odd
3%
Period
Last
HIGH
SALE
Thnridwy
Feb. 2
Uirh
Low
Low
High
Low
High
Low
High
*101.29
101.31
*101.29
101.31
*101.28
101.30
*101.28
*104.27
104.30
*104.27
104.30
*104.27
104.30
*104.27
104.30
*104.28
108.20
*108.16
108.19
*108.21
108.24
*108.21
108.24
*108.22
103.25
*108.24
108.26
1951-1954
*103.28
103.30
*103.27
103.30
*103.27
103.30
*103.27
103.30
*103.27
103.30
*103.28
103.31
^1956-1959
*109.8
109.12
*109.10
109.12
*109.13
109.16
*109.12
109.15
*109.12
109.15
*109.14
109.16
2%s
1958-1963
*109.20
109.24
*109.23
109.26
*109.25
109.28
*109.25
109.28
2%s
2%s
1960-1965
*110.6
110.10
*110.8
110.11
*110.11
110.14
*110.11
110.14
*110.12
110.15
*110.15
110.17
1949-1953
*101.11
101.13
*101.12
101.14
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.11
101.13
101.31
*101.29
*109.27
2I/as
2%S
„_1950-1952
-*102.12
102.14
*102.13
102.15
*102.12
102.15
*102.12
102.15
*102.29
102.31
*102.29
102.31
*102.30
103
*102.30
103
*102.30
1956-1958
*104.10
104.12
*104.10
104.12
*104.10
104.12
*104.9
104.11
102.15
102.15
*102.30
103
104.9
•
*102.12
103
104.9
*104.12
104.14
1962-1967
*102.5
102.7
*102.4
102.6
*102.5
102.7
*102.6
102.8
*102.7
102.9
*102.8-
*101.22
101.24
*101.22
101.24
*101.22
101.24
*101.22
101.24
*101.23
101.25
*101.24
101.26
2yas
Jun 1964-1969
*101.11
*101.12
101.14
*101.11
101.13
*101.11
101.13
*101.12
101.14
*101.13
101.15
2%s
Dec 1964-1969
*101.9
101.11
*101.10
101.12
*101.9
101.11
*101.9
101.11
*101.10
101.12
*101.11
101.13
2%s
1965-1970
*101.8
101.10
*101.8
101.10
*101.7
101.9
*101.8
101.10
*101.9
101.11
*101.10
101.12
2yas
1966-1971
*101.5
101.7
*101.4
101.6
*101.4
101.6
*101.4
101.6
*101.5
101.7
*101.6
101.8
2yas
Jun 1967-1972
*100.23
100.25
*100.23
101.13
100.25
*100.23
100.25
*100.23
100.25
100.23
100.23
*100.24
100.26
2%s
Sep 1967-1972
*102.17
102.19
*102.17
102.19
*102.17
102.19
*102.16
102.18
*102.17
102.19
*102.17
102.19
2%s
Dec 1967-1972
*100.23
100.25
*100.23
100.25
*100.23
100.25
*100.23
100.25
*100.24
100.26
*100.24
100.26
2y4s
1951-1953
*103.7
103.10
*103.7
103.10
*103.7
103.10
*103.7
103.10
*103.7
1952-1955
*102.5
102.7
*102.6
102.8
*"102.6
102.8
*102.6
102.8
*102.6
102.8
*102.6
102.8
1954-1956
*105.6
105.10
*105.11
105.14
*105.12
105.15
*105.16
105.19
*105.17
105.20
*105.18
105.21
1956-1959
*102.27
102.29
*102.29
102.31
*102, 29
102.31
*102.28
102.30
*102. 29
102.31
*102.29
102.31
Jun 1959-1962
*100.15
100.17
*100.14
100.16
*100 ,14
100.16
*100.15
100.17
*100 15
100.17
*100,16
Dec 1959-1962
*100.15
100.17
*100.14
100.16
*100 .14
100.16
*100.15
100.17
*100. 15
100.17
*100.16
100.18
Jun 1949-1951
*100.10
100.12;
*100.10
100.11
*100, 10
100.11
*100.10
100.11
*100. 10
100.11
*100.9
100.11
Sep 1949-1951
*100.16 100.18
*100.15
100.16
*100 15
100.16
*100.16
100.17
*100, 16
100.17
*100.i5
100.17
103.9
*103.7
*100.21
100.23
*100.21
100.22
*100 21
100.22
*100.22
100.23
*100 22
100.23
*100.22
100.24
Mar 1950-1952
*100.25
100.27'
*100.25
100.27
*100 ,25
100.27
*100.26
100.28
*100 26
100.28
*100.26
100.28
*101
101.1
101.2
*101.1
2s
Sep 1950-1952
*101
101.2
1951-1953
*101.10
101.12
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.11
101.13
*101.12
101.14
1951-1955
*101.15
101.17
*101.15
101.17
*101.15
101.17
*101.14
101.16
*101.14
101.16
*101.15
101.17
*101.16,101.18
*101.17
101.19
*101.17 101.19
*101.17
101.19
*101.17
101.19
*101.18
101.20
Jun 1952-1954
*101
101.2
*101
*101.17
101.19
*101.18
101.20
*101.18
101.20
*101.18
101.20
*101.18
101.20
*101.19
101.21
1953-1955
*103.20
103.24
*103.21
103.24
*103.22
103.25
*103.24
103.27
*103.25
103.28
*103.26
103.29
*100.9
100.10
*100.9
100.10
*100.9
100.11
*100.9
100.11
*100.9
100.11
*100.9
100.11
l%s
1950
Bank
for
1957
transaction,
r
or
Sale Price
*98.18
1972
99.31
Registered
FOR
bond
WEEK
J-D
99
99.26
99.31
99
99.26
*98.18
99
99.31
*99.8
100
*99.16
100
100
100
Friday's
FEBRUARY
ENDED
Bid & Asked
High
No.
BONDS
Range Since
Sold
105A 106 &
91
105 A
Interest
New York Stock
Jan. I
Low
Period
Exchange
Last
Sale Price
120
New
York Stock
3%s Series No. 14
or
57%
J-D*
.
60
3%s Series No. 16
107 >/a
*58
J-D
*58
17
J-D
J-D
58
*58
59%
Series No. 20
J-D
*53
GO
J-D
*53
59%
*58
!
57%
*58
57
J-D
J-D
J-D
(City)
•Sinking fund
Akershus
(King of Norway) 4s
1968
§ A'Antioquia <Dept) coll 7s A____1945
8 A External
f
M-S
J-J
7s
series B
1945
series C
1945
j-j
s
SAExternahs f 7s series D______1945
AExternal
''"■'AExternal
s
f 7s 1st series___
sec
AExternal sec
Antwerp
(City)
Australia
•
7s
f
s
37 y2
A-O
(Commonw'lth) 5s
of
1958
'25-1955.
j-d
j-j
jr_D
20-year 3 %s
92%
19» 7
J-D
20-year 3%s
15-year 3%s
Belgium external
89%
1966
j-d
1962
F-A
1949
M-S
External
§ABrazll
r
s
(U
f
6s
7s
of)
external
8s
90
(Int reduced to 3.5%)
s f 6%s of 1926
AExternal
107%
j-d
117%
j-d
(Int reduced to 3.375% )
s f 6Vas of 1927
1978
A-O
Stamped pursuant to Plan A
(Int reduced to 3.375%)
(Central Ry)
'.
;_1957
38
37 Vb
98 %
15
J-D
101%
113
92%
17
92%
92%
109
89
89%
26
85 %
89%
89%
16
85
89 %
90%
8
107% 107%
84 y4
8
102
101%
1
117% 118
47%
j-d
47%
A-O
*62
100
100
100
103%
103% 104
18
90%
102
1942
M-N
1942
M-N
1960
A-O
:
1960
A-O
sinking fund 6s—1
Feb 1961
s
f
assented
7s
107 ya
115
118
60 y4
50
14
'
—
—
48%
47
50
62
62
27%
27%
J-J
27%
2
27%
J-J
Sep 1961
M-S
M-S
1962
A-O
A-O
27%
sinking fund 6s
assented
f $
35%
35%
28%
23
__
29 Vb
41
28%
25
27%
277b
27 Vat
27%
35 y2
28
11
36
27%
28%
35 y2
__
29%
36
A-O
47
48
45
43
27%
5
29%
35 v2
27%
28%
35 %
35 V2
27%
28%
'
>'
27%
6
36
4
6y2s
M-N
35%
36
M-N
27%
27%
28%
3
27%
28%
1993
Bank
1963
J-D
28%
27%
28%
43
26%
28 %
1957
J-D
35%
35%
28 %
30
36
*36'/a
27%
27%
1957
J-D
1961
J-D
*3G'/a
1961
J-D
28%
1961
A-O
*36'/a
1961
A-O
1962
M-N
1962
M-N
1960
1960
1951
J-D
27%
65
65
5
61
6%s
fund
A6%s assented
A6s
A6s
6s
assented
sink fund
assented
Cons
Munic
6s
—.
7s_l
assented
(Hukuang Ry)
5s
28
27%
■
....
28'%
10
•
——
28
35%
27%
28%
35 y2
35%
27%
28%
35 %
3
35%
35%
28%
5
27%
28%
2
5Va
7%
28%
M-S
35%
M-S
27%
•
35%
6
27%
6
28%
10
*36'/a
27%
j-d
49%
50
3
46%
50
A-O
46%
46%
10
42%
46%
1
J-D
63
65
33/4s Series No. 2
J-D
59%
60%
e60%
(Int
reduced
to
3.5%)
1978
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
(Int reduced to 3.375% )
External $ bunds of 1944 (Plan
3%s Series No.
1979
<
:
*
6
B)
3%s Series No. 3
J-D
J-D
4„.
3
26
■'
65
57%
60
63
%
61%
13
59
60%
51
57%
60%
60
59%
i
securities
FIRM TRADING MARKETS
—
33/4s
Series No.
For Financial Institutions
foreign
60%
3
58%
60%
61%
6iya
3%s Series No. 5__
J-D
33/4s Series No. 6
J-D
*65 y8
33/4s Series No. 7
J-D
J-D
*61 Vb
r.ARL MARKS & r.O- INC.
61%
*61 Vb
3%s Series No. 8-
59
3%s Series No. 9
65
FOREIGN SECURITIES SPECIALISTS
50 Broad
,
J-D
*61 Vb
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10_.
58%
58%
J-D
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e60
2
3%s Series No.
11
J-D
59
59
1
59
59
58
59%
27
58
59%
59
59
1
59
59
33/4s Series No. 12
3%s Series No. 13
For
footnotes
see
J-D
J-D
page
29
59%
>
65
—'
—
Telephone
HAnover
St., New York 4, N. Y.
2-0050
__
27%
65%
5%
28%
'
Sinking
48
J-D
:
35 V2
.
28%
60 y4
1979
Stamped pursuant to Plan A
28%
35% .*• 35%
1963
.
bonds 2-3s
Mortgage
104
105%
37
*36 '/a
1962
27%
102 y4
104%
—
*36'/b
Sep 1961
sinking fund 6s
101
103%
48%
1952
A7s
100
7
*3GV8
Jan 1961
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A
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60%
—
27%
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assented
AChinese
46
*36 VB
27%
sinking fund 6s
AChilean
45%
'
1001/2
41
*36'/a
F-A
Jan 1961
f 6s_
assented
AGuaranteed
60 V*
'/a
102 y4102%
F-A
Feb 1961
s
AGuaranteed sink fund
105%
;58
ra.-
—
98%
♦50
s
ACnile
t-
—
3
J-J
AExternal
Extl
92%
88%
*63
F-A
1954
A6s
92%
58
;
18
105% 105 %
AExternal
101%
90
.59
••
J-D
A6s assented
98% ;
99%
59
1
100 %
J-J
ARy external
A6s
56%
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9
'
100
A-O
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—:
assented
AExtl
ii.-
58
58
100%
1961
of)
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A6s assented
i
58
*58
M-S
—1958
5s
(City) 8s
(Rep) External
AExtl
38
95
58
57
56%
■
1960
A 6s
38
37 y4
98
*63
A-O
1957
1979
38
,
Stamped pursuant to Plan A
AExternal
38 V* i
37%
89'/a
1941
:
37
37%
39
102
j-j
T.
37%
37%
t
89%
1955
f
S
38'/„ i
92'/8
1955
Stamped pursuant to Plan A
37%
101
101
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s
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82
58%
55%
.
1957
AExternal sinking fund 6s
38%
37 V2
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98 %
19' j
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37'/«
37%
195 )
6y2s
81
10
*37%
10-year 3 Vis
10-year 3%s
•
20
40
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5s___
82
38%
55 Vb
'
-
e59 %
5J
1950
A6s
37%
*37%
A-O
series__1957
f 7s 3rd
s
external
j-j
1957
series__1957
2d
gold
*58
J-D
f 5s
< Dominion
5 A 7s
,
«...
,
6
"
*58
e59 %
"
'
81%
37 y2
J-j
§ a External-s f 7s
<■
s
Sinking fund gold 6S_:
*61%
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2
G
58
f AChlle
F-A
A-O
__
%
■
A Carlsbad
1948
a*.
60
J-D
58%
.
58
J-D
56
*
«...
58
58
25-year
1947
....
3
— —
J-D
J-D
3%s Series No. 30--
(Colombia)—
59%
__
58%
J-D
Brisbane
Foreign Govt. & Municipal
High
55 VB
•
t*r-
19
3%s Series No. 26—
1-1693
5
60
3%s Series No. 25
Teletype
Jan. 1
Low
NO.
59%.*
J-D
Canada
6s
Range Since
Sold
"
High J
3%s Series No. 24
NY
Bonds
Friday's
15
3%s Series No. 29
Broadway, New York
141,000
Bid & Asked
3%s Series No. 23___
Exchange
29,000
100
100
Week's Range
LOW
High
Wertheim & Co.
Members
99.22
*99.20
4
Friday
Bonds
99.20
100
transaction.
3%s Series No.
105)^
99
100
3%s Series No. 27
6sJ___
101.3
*101.1
101.3
Dec 1952-1954
3%s Series No. 28
fund
100.18
_Dec 1949-1951
2s
Foreign Securities
sink
4,000
103.10
2y4s
2v*8.
3%s Series No. 21
AGtd
2,000
102.10
1963-1968
3%s Series No. 22
5 AGtd sink fund
109.31
2yas
3%s
\
104.31
2yas
3%s Series No.
Agricultural Mtge Bank
101.30
*109.29
109.30
*102.12
1952-1954
2Vis
.
1980
2-2300
Bonds(>>
101.31
3%s Series No.
REctor
the Week
High
104.31
„
Telephone
Sales for
Friday
Feb. 4
Feb. 3
'
Low
3%s Series No. 18
.
of
year.
PRICES
Wednesday
Feb. 1
Week's Range
City
Corporate Stock
the
*108.13
lot
Low
Transit Unification Issue—
transactions
for
*101.29
RANGE
New York
only
range
*104.29
10-year 2y4s
25-year 3s
Friday
BONDS
New York Stock
Tuesday
Jan. 31
High
the
point.
a
Monday
Jan. 29
unless they are
computing the
In
Reconstruction & Development
98.30
asked
sales
2%s
Treasury
94.14
and
Saturday
STOCK
Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s
Treasury 2s
Apr
94.10 Jan
"Bid
range,
such
1949-1952
International
Jan
week's
of
2%s
Treasury
101.26 May
Sep
100.7
the
1955-1960
Treasury
Dec
100.31
Sep
In
taken
1951-1955
Treasury 2%S
Treasury 2Vi8
Treasury
2y4s
Treasury
2s
Treasury 2s_^
Treasury
2s
Oct
101.7
100.30
Is
3%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
May
102.13 July
100.21
account
mature.
32d of
more
or
No
2%s
Treasury
100.21 Oct
ene
disregarded
are
bonds
3s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
Jan
101.19
14
104.9
Sep
101.7
YORK
EXCHANGE
105.28 Mar
107.4
Dec
the
LOW AND
Range for Previous
25
yearly
-
when
Figures after decimal point represent
Lowest
(621)
New York Stock Exchange
co>
NOTICE—Prices are "and Interest"—except for Income and defaulted bonds.
Cash and defeired delivery sales
week, and when outside of the regular weekly range are shown In a footnote In the week In which
they occur.
the
101.18
chronicle
Teletype
NY
1-971
26
(622)
THE
COMMERCIAL
NEW
YORK
»RANGE
BONDS
*
New York Stock
Exchange
a^S oi
Oct 1961
janilSi
192?
fxtelf.naI
S f $ bonds
S?la ^tge
ACosta Rica
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loan 4
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series
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s
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C
1949
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J95C
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of)
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1
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Republic
extl
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72
'
70%
A External
sink
fund
sink
fund
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bond
of
part
1964
paid—
70'%
71 %
.1964
42%
1979
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ext
f
s
i960
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5s__
extl s f l-3s_
1977
Consortium for
Public Works 1%
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to
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1%
1977
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to
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__
of]" 7^1-
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1954
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Mexican
42%
.1978
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71%
1978
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63%
1
63%
68%
13%
13%
5
13%
13 y4
3%s
assented
1950-
;
1040
^SS *"d
^0V 5, 1942, agree 1968
SAAX1C° 1US) extl 5s ^ 1899 £1945
s a i\yr
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td
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to Nov.
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1942
15
F-A
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76
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14
14
■
—
2
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70
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76
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60
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46
11%
102
—
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&
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Pow
Stamped
s
f
93 Va
73
92%
95%
,33
94 %
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112
88'%
90 Va
1961
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270
102%
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1982
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-—1987
J-D
94%
%
96%
1957
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106%
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216
106 Va
110%
1973
o-xj
103%
103% 103%
115
103'%
104
—xjb2
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103 % 103%
32
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47
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nt reduced
,
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34
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35
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26%
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37
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3,/4S
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88
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1959
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84
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-
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84
103
35
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39
17%
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1947
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9%
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—
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1961
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1946
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I
A 6s
to
27%
dollar
28
f ASecured
27
27
s
f
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series
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B
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28
3
25%
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M-N
38
38%
6
33%
38%
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51
55'%
55'%
5
41
52
1.2
41
51%
58
52
*54 %
58
Steel
Maine
58
2004
J-J
48
48
J-J
*51
29.
1961
45
47
106 % 106%
74%
78
95
7
94
12
100
2
100
100
120% 120%
8
120
120%
96 %
24
943.'i
98 %
98 %
98%
19
97%
99
98 %
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13
97%
98 %
85
86
93 31
,
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100
•
120%
•
M-N
M-N
M-S
M-N
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—
93%
,
93 %
95
95
98%
RR—
California
Elec
*87
——
*101
__
—
90
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—
—
90
__
__
J-J
83'%
83 Va
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33
82 %
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58
53
59
21
55%
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,
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100
103%
102
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100
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__
__
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99
99%
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--
99%
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1
60
59%
61%
56
97
99
70
97
105
105
1
105
15
103
104%
1
113%
115%
14
1067/a
107%
A-O
1976
J-D
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1962
*102
A-O
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1974
1st
Power
3s__J
Power 3'%s
Southern
gtd 5s A
cons
National
Ry—
A-O
•
4'/2si
gold
97
99
105 %
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5s.
Guaranteed
gold
5s___
1970
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4'/2s__^
1955
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gold
83%
*;
•.
•:.
.
x- ■■
2
CO
48
Pac
J-D
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1
112%
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113
^15
112 '/a
113 %
106'%
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F-A
.
-
1956
stk
deb
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&
113%
gtd
2
41
5
95 %
«.
90
66
76
108%
97
1
102
93%
15
108'% 108'%
107%
98
108%
■
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102% 102%
102%
103'/a
—'—1960
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101% 101 '/2
101%
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—I960
F-A
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1948
J-D
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1995
J-J
May
May
■—1981
47
.1965
debs.-..
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1st
(1947 issue)
of
Georgia
Ry-r-
.
mtge 4%s ser A^—^_Jan 1 2020
Gen mtge 4%s ser B
Central
Illinois
gold 5s
registered
York
New
Central
Pacific
&
ref
1966
1987—,__1987
i———1987
registered
A 4s
1st
Jan 1 2020
Light 3%s_—
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•
70
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62
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65
64%
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40
63 %
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68
63
68
5
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72
49
50
36
49
52
*108
.
43
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75
76
;
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35
64
102 % 102%
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1974
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>
70
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17
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101 »/2
101'%
12
99%
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105
;
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101
105
series A
to Aug
1 1949)
1974
B
1968
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1965
J-J
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M-S
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1996
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mtge 4s ser A
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ser
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100
100
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128
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90
8%
22
53i
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7%
8
49
5%
8%
Ref
11%
11%
11%
1
11%
11%
8%
5
8'%
*100'%
—
Chesapeake & Ohio Ry—
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__
108'%
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3s debs.
Corp
§ A Cent Branch U P 1st gold 4s
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6
106% 106%
95
95
J-J
M-S
1965
Ry—
106%
M-S
1951
;
perpetuaL—•
Clinchfield & Ohio 4s
General
M-N
115% 115%
A-O
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4%S—^
;gold
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Carolina
1st
—
M-N
104
100%
102
103
J-J
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103
>.
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90
72%
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96 %
95
'•
•
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1952
(4'%%
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Buffalo Rochester & Pgh Ky-
I
60
1958
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J-J
1968
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1978
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A
A-O
62
83
1970
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49
1962
7s
J-J
1961
58
—
A
1958
1st
Indus Loan 2'/2s debs__
&
Central
1962
page
Extension
A-O
Celotex
A-O
73
35
40 %
2012
69%
47 Va
.
Telephone of Pa 5s series C. .1960
Celanese
Plan A
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D
ser
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47
1940
see
27
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extl
4s
stamped
Guaranteed
28
1968
assented
footnotes
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46
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93
119
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2.25%)
external
of)
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5
7s
sec
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47
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27
to Plan A
to
M
1955
35
40%
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to
ref
1967
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35
47
1956
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Serbs Croats & Slovenes
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29
32
40%
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52
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59%
29
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&
28
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63 Va
59'%
49
A
ser
1955
30
2001
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reduced
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1999
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__
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1936
59%
63
60%
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.
to Plan
1980
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mtge
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M-S
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to
—
1950
33%
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extl
12
1st
M-N
.1969
27%
to Plan A
Stamped pursuant
(Int
72%
78'%
...
1980
;
3'/2s_. .1991
Can
J-D
1950
water
72%
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A
1976
—
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-1952
external
extl
17
68
61
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9%
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8s
pursuant
(Int reduced
84
series
4s
Feb 12010
West
&
8%
21
*29
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(State)
reduced
51%
due Dec 1 1995
income
12%
to Plan A
to
71
50
J—
conv
61%
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'
—
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29
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pursuant
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50
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1970
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(Int
69%
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"
fixed
9%
3b%
J-D
-1966
88
95%
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27
1999
J-D
84%
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-
.1960
26%
1968
-2012
48
62
J-D
gen
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1926-1
88
60
Beneficial
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~
40
101'%
94%
59'%
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a_q
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Canada
194(3
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—
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Stamped
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9%
36'%
27
49 Va
34
94
94
5%
6
*29
~
24
38'%
86%
A-O
1960
2001
Plan A
to
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1957
2006
51V'4.
38
*100% 101'%
.1975
8s__.
pursuant
contingent interest)—
>33
2001
6 Vis
(City)
J-J
50%
•
fixed
A
pursuant to Plan A
(Int reduced to
2.25%)_ -2004
1967 stmp pursuant to
Plan A
(Int reduced to
2.25%)
-2004
(City of)
(4%
*14%
Stamped
Paulo
38
1954
9%
A-O
2%)___
Stamped
B
19
pursuant to Plan A
(Int reduced to
2.5%)
A6s external sink
fund gold
Stamped pursuant to Plan A
(Int reduced to
A Rome
50%
J-J
July 1975
19
2%)
of
A
18%
17'%
Stamped
loan
J-J
1948
M-S
4s
Rio
external
103%
9
J-D
Boston
*21
M-S
J-J
Grande do Sul (State
of)
§A8s extl loan of
1921
105%
100%
1966
38
17'%
'
to
__
104
ant reduced to
2.375%)
A
External sec 6Vis
to
82%
103
—
120
to
pursuant
~4
84
104
19
2-375%)
reduced
M-S
*37
19
2.25%)
de Janeiro
(City of) 8s__
Stamped pursuant to Plan A
(Int
4
*103
—
17%
5ARio
Stamped
104'/a
1976
M-S
M-S
17%
iqJJ
81
67
104% 104%
due Mar 1 1996
Con
92
18%
1966 stmp pursuant
to Plan A
ItR reduced
89
"195a
Alegre (City of) 8s_I
Stamped pursuant to Plan
t0
83 7
102
18%
goldTsI—igso
A4 Vis
assented
*92
cx-O
A Porto
104 %
104% 104%
102 % 102%
Bangor & Aroostook RR—
85
A-n
f 7s
s
1st 4s__ 1948
104
104 V*
102 >/2
M
1st
%
83
81 %
J-D
assented
AExterna! sink fund
M-N
115%
M-S
due Dec 1 1995
(3%%
"
A-O
126%
109
81%
1961
ser
„
M-N
„1964
;
122%
21
125% 126%
*114% 129
J-D
July 1952
Ry
126%
due Mar 1 2000:-
Toledo
86%
:
__
*84
91%
~~1940
s a p
1
Loan ex^ s f 6s 2d
§APoland (Rep of)
gold 6s
A f /as_ assented
4s
A._
ser
S'western div
95
88
10
*78
J-D
81%
81
K
Ref
27%
93%
22
85 y2
82Vi " 84%
F-A
J-D
Ext sec ref
3Vis series
3%
A4%s
Beech
igBo
SAPernambuco (State of)
7s___
I1947
Stamped pursuant to Plan A
A4y2S
<fe
Series
37
86 y2
85'
Series
27%
37
M-S
94
92%
M-N
contingent int) __July 1975
gen mtge 5%
12% fixed
Ref &
M-S
*26
%
94'%
92
42
Series
e23
M-S
A-O.
*81
A-O
1963
cons
4y2s
ser
5%
Series
34'%
e28
94%.
A-O
1%
and
15%
34'%
4s
mtge
and
34'%
A-O
94%
10
& Ohio RR—
1st mtge
7
4'%
10
J-J
J-J
93
B
T—
*/•
J-J
92%
93
96%
4%
15%
—
11
4%
M-N
1905
assented 5s
mod
1st
unified
§ASeeond mortgage 4s
Atlantic Refining 2%s debs
(Republic) —
^Stamped
3%s
Coast
103
Fe—
4s
July 11995
Charlotte Air Line Ry—
&
1st mortgage
'
M-S
iqs2
Santa
&
4s
Stamped
Atlantic
1966
1995
Topeka
Pgn Lake Erie
"
s f 5sl
fund 4y2s
Products Co 5s
103 V*
T~
Q-J
1957
4Vi!
extI
W
P
Atlanta
M-N
2008
8s
1st gold 4s____
§ A Atlantic & Danville
A-O
M-S
deb
debentures
and
2.125%)
3%
4s^ sink fund extl loan
3%ssf external—
Panama
24
27%
Plan A
4%!!
rvtJU!!^PaI sink
Bank
Oslo
(City)
25%
"7
37%
debentures
Amer Tobacco Co
Plan A
(Int reduced to
2.125%)
ASec external s
f 6y2s.—„
Nethenands
-(Kingdom)
Norway (Kingdom of)External sink fund
53
26
10
37'%
94%
89
88%
8
40
89%
87
94%
36
35%
35%
*8%
37'%
J-J
to
pursuant
•
84'%
87
92%
16%
330
35
—:
A-O
J-D
21%
24
78
64
M-S
90 Va
J-J
6%s
pursuant
Stamped
J-J
J-D
104*
(State)—
Sec external
•
75
'
95%
Atchison
24
99
1-
93
3s
J-J
99'%
99 '/2.
A-O
18
—
99%
*79 Va
F-A'
deoentures
—
80'/a
M-S
J-J
conv
*36 '/a
80 Va
98
1980
2%s
73
*tt0'/8
1986
3%s
247
A-O
___2030
debentures
24
100%
J-D
debentures-.
21%
—
10o%
100 '/4
1975
2%s
24
104%
100% 100%
_195o
debentures
2%s
a
104%
104%
__
105%
_1966
5s
__
105
Telephone & Telegraph Co—
8
J-J
J-J
agree
A 7s
deb
*36 Va
*104%
COMPANIES
debentures
6 %
25 7
INDUSTRIAL
AND
debentures
6
23
5
2%s
5'%
25%
10
6%
2%s
64
J-J
6%
14
6%
14
13
53
6%
5%
-■
A-O
<as_._j.998
debs
3s
6%
70
34%
102
*100%
?
70
26
6
*9%
.
34%
J-J
4'/2s__1975
Western 1st gtd
Allis-Chalmers Mfg 2s debs
8
J-D
Af td to Nov. 5, 1942, agreeZl963
AAss,Strirtr,6xr°f 1913 assent—1933
s td to Nov. 5, 1942
lorn
AMilan (City of)
6Vis^I?_ g
fogo
Minas
7 /as
RR
&
6
*53
M-/V
1942' aSree_1968
ht-,
a*?
mtge
7%
6%
A-O
1954
g
i9io„
*
Geraes
M-N
86
70
:V:
34%
M-N
Alabama
75
9
84 Va
IVf
72
'
A-O
Alabama
87%
64%
48
1952
60
81%
*60
:■
Electric Co 7s
52
2
42
79
81%
'
113%
56
60
87%
*77%
—
85
:
84
86
F-A
74%
60
85
87%
—
■
81
84
/
85
•
F-A
1958
Vis
AAdriatic
A-O
J-J
--
—
29
'
A-O
1958
108
__
85
*70
'
110
*82
V1'
—
86
,*V J-J
.1984
readjustment
1952
A4
108
—
High
Low
-
84%
-
RAILROAD
1963
agree
1904_!_
4s of
§AA^sentdinl0aN0V;
Assenting 4S of
ASao
extl
Jan. 1
0
■
__
*79
J-D
22
68%
—
High
Range Since
Sold
No.
*120
„
84%
M-N
42%
71%
Geneial
—-1950
Irrigation—
§A4Vis
Peru
___.
Bonds
1937)-
70%
F-A
MS
"""
A
7s
($
~
*120
■
,
M-N
3%-4-4%s
1979
••i,r
*41'%
Friday's
*120
M-N
38%
*41'%
—
71'%
F-A
Italian
fu
M-N
35%
■
10
MS
J-D
1960
6s
AExternal
F-A
42%
37%
'
or
Bid & Asked
High
70'%
__
37%
*41%
—
Week's Range
Last
Sale Price
Period
Low
debentures
itni!an Credit
LRepublic)
...
Low
conv
Italian
A
No.
2%s
extl
nt
Interest
e
2%s
paid
Sii Free ,Clty^
Irish ff0rs
State
A
BONDS
Jan. 1
part
A6s
a
1
Government—
A7s
A
37 %
J-J
——'Jan
RECORD
FEBRUARY
Range Since
Sold
*68
—
J-J
$
Bonds
High
*69%
M-N
1976
f
ENDED
Monday, February 7, 1949
Friday
Friday's
—
$
$
M-N
(Republic"ofT~7illf^_i'_l967
AEstonia
Greek
or
Bid & Asked
F-A
1952
7s___
External
M-N
1947
1953
(Rep of)
J-J
A-O
external debt____
"1077
Chechoslovakia (State)—
Stamped assented tint reduced
"
kat^
t0 6%) extended to___
i960
§A
Fiench
Last
Sale Price
A-0
1947
25-year gold 4Vis
BOND
WEEK
CHRONICLE
.1946
1970
Bank 6l/aS
SAO8
nd 7s of 1926
in
8 fund 7s of 1927
Copenhagen (City) 5s
4s
Period
(Republic of)—
Af>s of 1928
El
Interest
FOR
FINANCIAL
Week's Range
Low
Colombia
s \r
Friday
&
&
Ref &
R
&
2d
A
gold
4%s—.—
Impt M 3%s series D
impt M 3'/2s series E
Div
consol
1st
cons
gold
4s.
gold
4s
127%
127% 123
3
98
99
104%
99'%
40
97
1U0'%
98%
99
17
97
100%
104% 104%
44
104%
105
1989
J-J
*120'% 127
118
119'%
1989
J-J
*110% 120
110%
110%
Number 4775
Volume 169
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(623)
27
NEW YORK BOND RECORD
RANGE
Friday
BONDS
r
New York Stock
Exchange
Interest
Period
FOR
WEEK
ENDED
FEBRUARY
4
Week's Range.
Last
or
Sale Price
Friday's
Bonds
Bid & Asked
Low
High
Friday
Range Since
Sold
No.
Low
Interest
BONDS
Jan. 1
New York Stock Exchange
Period
Week's Range
or Friday's
Last
.
Sale Price
Low
Chicago Burlington & Qulncy RR—
General
1st
&
4s
ref
1958
4%s
series
1st &
ref mtge 3%s
1st
ref
&
1985
RR—
Gen
mtge Inc conv
1st mtge 3%s ser B
'
inc mtge
*7o
\
1st
5s
1997
A 2d
Chic
Milw St Paul
1st
Gen
mtge
conv
Vis
.v;
J-J
45 VA
mtge
1st
43%
74%
A 1st &
85
86%
17
83
76%
76'%
7
76
62 VA
62
63 %
12
62
J-J
50
50
50%
29
47%
51
*__
98%
94'A
Francisco
65'%
94%
Jan 2003
4s
1956
•'wL'"
—
.
118
•
—
RR—
J-J
Apr
63 VA
63%
64
Apr
52 VA
52%
53%
4%s___Jan 1 1999
101
101
102%
40
101
A4s
1st
61%
56%
56%
57%
J-J
87 VA
87%
54
87%
J-J
106%
Apr
215
56%
87%
Gen
93%
J-D
*101%
45
76%
76%
6
75
5
70%
Cin
Chic
&
D.
J-J
1962
*103
General
5s
Cin
100
1974
St. Louis
Div
1st
1st
coll
4s
trust
1st mtge 4 Vis series
Columbus
&
Toledo
ser
Q
2%s
ser
R
Ohio
109% 109%
14
121% 121%
1
81
81% :•
2010
inc 5s
106%
States
Util
1st mortgage
*74
96%
Feb
•;
60'%
87
1950
F-A
1961
A-O
'I-fv
J-J
J-J
*69
72'/a
72
74
A-O
*97%
97%
95%
98
56%
58%
__1969,
Jan 2044
1st
107
A-O
A-O
M-S
1973
1955
102
1978
3s___
*96
A-O
J-J
92
Household Finance
Corp 2%s
1970
J-J
96
J-D
94%
vi'-
81'/a
84%
86%
€3%
Hudson Coal 1st s f 5s series A.
Hudson Co Gas 1st gold 5s
:
Hudson & Manhattan 1st 5s A
.1962
.1949
mtge 2%s
ser
A
1982
ser
B
1977
7
60
ser
C_
1972
1972
8
104%
105
2
10
income
Illinois Bell
____1963
50%
24
102
1
105
100%
101%
106
108
104
jlsi
106%
102 %
103%
46 %
50%
101%
102 %
103%
goiu
M-N
Collateral
106'A
1965
13
104
1966
_
4"
—
1st 5%s____1942
36
93%
8
102%
64%
109
62%
132
23
63
24%
23%. 25
1981
Cairo
J-J
1978
J-D
1951
5s
J-J
1953
gold 4s
M-N
M-N
1955
trust
A-O
1952
3%s
M-S
1952
1955
lines
A-O
1951
:
j-o
1951
M-N
.
95
103
67'A
25%
100%
98%
95 'A
Joint
99%
1st
&
102%
103'%
1st
ref
106
107'%
Illinois
102%
102 %
Indiana
100 '/a
101%
100'/a
14
48 %
"
28%
48%
34
34
95
34
*80
83
5
,
95
95
4
48%
52
6
.
103
101%
101'A
*35
102%
103
104
105 3A
101%
101'A
11
1003A
102%
9
105'%
112
83'%
107'%
88%
70
102% 105%
4
104% 105%
104%
34
*100% 102
102
102'A
102
106'% 107
F-A
J-D
*103'%
J-J
*100
86%
86 %
87%
__
103%
J-J
*101%
F-A
*100'% 104
J-J
*100%
1951
J-J
*101'/a 101%
1951
J-J
*101%
F-A
*103
*100
1951
101
__
'
101
100%
100'%
101 %
101'%
__
—
Indianapolis Union Ry Co—
99%
124
*99% 100'A
J-J
J-J
96
98%-
102%
95
103
F-A
94%
100'/a 100%
48%
111
102 3A
—
1951
Springfield Div 1st gold 3%s
Western Lines 1st gold 4s
__
--
102%
101'A 101%
1950
Bridge gold 4s
St Louis Div & Term
gold 3s
Gold 3%s
106%
10$
98
97
98
*103
*101'A
.1966
Div 1st gold. 3s
1951
Louisville Div & Term gold 3%s_1953
Omaha Div 1st gold 3s
1951
104%
97%
102% 102%
J-J
luol
13
16
*102
J-D
1952
34
36
'
—
—
28%
28'%
8
27%
30'A
J-D
35
35.
1
33%
35"
1946
J-D
*34
34
35
1975
A-0
1978
J-J
1978
J-D
*11
1965
J-D
1965
A-0
1963
M-N
Cent
Ref
and
1st
Chic
ref
ref
St
5s
&
N
O—
Ry
4s
Imp 2%s
A
Adjustment
6s
A 1st
5s
series
ser
99%
91%
31
88'%
93%
86%
87
24
81%
J-J
1950
J-J
C
A
135
100% 1003A
4
*89
—
87
100%
100%
1003A
100%
♦
100%
—
RR—
A 1st
65%
67%
75
64%
67%
22'A
25'%
58
61%
A-O
24%
24
24%
48
1956
J-J
60
60
60%
9
1956
J-J
59%
59%
60%
11
58%
1944
A-O
69%
68'%
69%
160
67%
69%
1972
M-N
98%
98%
2
98
99
July 1952
.
65%
J-J
1952
B
98
*100% 102
J-D
1986
series
6s
93%
90%
1970
A
series
96
91
A
ser
tlnternational Great Northern
1st
97%
J-D
J-D
1963
gold 4s
Iowa. 1st
a
J-D
1963
1963
C
D
ser
Terminal
&
&
series
mtge 4s
111
L
series A
4%s
*98
1946
§A6s series B deposit
receipts
96%
94%
RR—
11
99
106% 107'%
107'%
J-D
s a Deposit receipts
97%
95'A
103'A 103'%
_
M-N
deposit rets
93%
97'A
124%
95
1
102% 102%
M
64
Debenture 4%s
104%
104 VA
104%
98%
J-J
Steel
Northern
A
96
F-A
4s
Refunding
__
96
M-S
§ a Cuba
series
96
A-O
ts
Purchased
105'A
106
25
104VA
*93'%
A-O
Crucible
§A7Vis
5
124% 124'%
.190?
Telep 2%s series A
1st gold 3%s
Extended 1st gold 3%s
1st gold 3s sterling
Collateral trust gold 4s
—
*100
--
J-D
1968
1975
ACuba RR 1st 5s gold—
s a Deposit receipts
97%
121'A
97'/a
*93%
•.-a-'
_Feb 1957
5s__
Central
Refunding
103'/a 106%
—..
M-S
Consumers Power 1st mtge 2%s
Continental Baking 3s debs
Ry
—
105%
8
*__
M-N
'
—
—
97
87%
104%
27
*103%
J-D
3'/as
'
96
7
62%
-
86
46
104 VA 104%
A-O
mtge 2%s
mtge
f
—
96%
'
Registered
mtge 23/8s
1st
61
56%
68%
*105
J-D
ref
2%s
101%
H
92
79
*106% 107'A
J-J
ref
Gas
102%
97
125
103'%
Af-8
106%
105
__
F-A
1st
Consolidated Natural
102
*97
M-N
.1999
'1
v/
107
102
F-A
1951
.
4
J-J
lst '4%s
Illinois
49%
M-S
1978
D
100'A
1976
2%s
Hackensack Water 1st mtge 2%s__.1976
102% 103%
49%
A-O
1977
debentures
11
1968
M
Hocking Valley Ry
17
105
105
103%
M-N
1st &
ref 3s series
57
Apr
101%
T01%
F-A
&
102'A
100
100
107%
4
101% 101%
A-O
87
A-O
conv
10%
1975
A
1st mtge 3s series B
_i_1961
1st
(70'A
9%
July 2015
u
ser
99 --
*
60%
87
105
ref
3s
11
102
102'%
AAdj
J-D
&
&
96'%
70%
A-O
„4."
v
105'A 105%
Consolidated Cigar Corp 3%s
1965
Consolidated Edison of New York—
1st
10
78'A
95%
-
1003A
105
J-J
1970
& L 1st & ref 4'/2s
Conn River Pwr s f 3%s A
75
'•»
——
9%
96%
1959
_
100
"
Ry
88%
RR—-
Litchfield
Conn
93
86%
38%
*70%
13
65
M-N
1971
Commonwealth Edison Co—'
1st mtge 3s series L
1st mtge 3s series N
93%
92'/a
7
78%
*96
117
11
95%
88'%
Feb
Collateral trust 3%s
Gulf
J-J
1961J-J
ii%
110%
121%
116
96%
96%
#
J-J
J-J
ctfs A
doV><;_
Sox ics
to
L,
96%
109%
120
117%
'117
V
85%
63%
J-J
1980
1st extl 4s
i
mtge
J-J
109'%
87
100 7/a
99%
"
1977
3'As
ot
J-J
102%
4
,
84%
63 VA
T<!
J-J
J-J
85%
87%
1982
1st & ref 3%s serls D
Gen mtge inc 4s ser B
104%
J-D
1973
El
26
1
100
2000
j.
Bay & West deb
Debentures ctfs B
Gen
Ry—
_
Sou
95
1982
Columbia Gas & Elec 3!/sS debs
3 Vis
debentures
&
6
101% 101%
1990
(stamped modified)
Columbus
100% 100%
106%
1970
;
2J/8s
mtge
xdi
103
104 %
104%
I
__
1972
C
Southern
9
—
*92
J-J
1991
4s
1st mtge 5 Vis series A
1st mtge 5s series B_
&
101'A
J-D
1977
E
mtge
0nrr>
%, 106%
102 %
«.»
"
*107%
J-D
1993
Div
Series D 3 Vis gtd
;
Cleve Short Line 1st gtd 4Vis
Cleveland Union Terminals Co—
4Vis
J-D
1961
Cleveland Electric Ilium 3s
1st mortgage 3s
Cleveland & Pittsburgh RR—
Colorado
F-A
1966
B
Mich
'
100%
0.-"■
F-A
1993
series
&
,'V
T '
105% 105%
Louis Ry—
impt 4Vis series
Wab
103
*.
1969
gold 4s
Ref &
102%
104% 104'%
A-O
J-J
106%
*102
104'A
M-S
1975
debs
St
100
M-N
1990
P
Gulf Mobile & Ohio
72%
J-J
mtge gtd 3%s series E
1st mtge 2%s ser G
City Ice & Fuel 2%s debs
General
100
100
*86%
1976
N
77
72%
J-J
1st
Cleve
103'/a
M-S
1952
O
ser
a
102
101%
--
71%
1978
4s
103%
J-D
1973
ser
'
„
B
A Green
103 'A
J-J
1963
mortgage 27/8s
Investing Co
"I
1949
4%s series D
Gen
98%
103
__
J-J
Cincinnati Union Terminal—
City
65'A
103% 103%
M-N
mtge 2%s_1965
Co—
ser
'
..1952
4s
Cine Gas & Elec 1st
mtge 2%s
1st
56%
1956
1st
mtge 3%s
mtge 3%s
mtge 2%s
Gen
106%
93%
-
*101
J-D
106
85
96%
*103%
Co
Ry
Gen
89%,
1994
conv
1st & ref 4 Vis series
102'%
36
1969
Gen
59%
3
~
106% 106'%
94
J-D
1963
ser G
West'n Indiana
104%
101%
__
62%
60%
M-S
J
inc debs
General 5%s series
General 5s series C
65
52'A
1994
mtge 27/8s
&
60%
Realty & Utilities Corp—
conv
Goodrich <B F)
Great Northern
103%
157
Station—
1st mtge 3 Vis series F
Chic
deposit
Gas & Elec of Berg Co cons 5s
General
Ry—
2%-4%s
2%-4'As
Income
103%
2
104
101%
J-D
M-S
87
102
.
Apr
1989
Pacific
M
Chicago Union
1959
1203A
S'eastern.Ry—
ref
of
104
M-N
1961
1974
series A
Sugar coll trust 6s
General
1st mtge 4s series A
1994
AGen mtge conv 4Vis ser A_Jan
2019
& New Orleans 5s___195l
Gold 3Vis
1951
Memphis Div 1st gold 4s
1951
Chic Terre Haute &
&
High
'
*119%
J-J
Chicago St L
1st
Jan. 1
Low
77%
J-J
ref 5s
ACertificates
75
85%
'■/;v;5v:-r
Jan 12044
&
Firestone Tire & Rub 3s debs
tFlorida East Coast 1st 4%s
46
76 VA
B
ser
I
75
A__Jan 1 2019
ser
inc
conv
mtge 3s
45%
J-J
A
B
Chicago Rock Island
98%
J-J
Chicago & North Western Ry—
2nd
44%
75
.
1994
ser
100 %
M-N
Jan 1983
Pac
4%s inc
inc
Ill
98%
94%
1988
mtge 4s ser A
4
109%
6
.
1982
A
ser
&
6
' '
i
97%
Range Since
Sold
No.
High
110%.
M-N
Southern
&
109%
Jan 1 2038
ser
mtge 4%s inc
Chicago Indiana
9
1985
4%s
mtge 4s inc
I
97'%
Chicago Ind & Louisville Ry—
A
110 %
110% 111
F-A
F-A
110
■
Chicago & Erie 1st gold 5s__
Chicago Gt West 1st 4s series A
AGen
F-A
1970
mtge 27/8s
Chicago & Eastern 111
a
J-J
1977
B
Bonds
Bid & Asked
High
,
36
gold 5s series C
§Alnternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B__;
61%
D
Dayton Pr & Lt 1st mtge 2%s
1st
mortgage 3s
1st
mtge 3s series A_
Dayton Union Ry 3%s ser
Deere & Co 2%s debs
B
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
N
Y
Lack &
1st
a
&
ref
Western
M
5s
Income mtge
Morris
Essex
1st
1st
&
&
C
ser
1993
&
Light
3s
mtge
&
1%
Detroit
&
Gen
«fe
ref
3s
conv
Detroit &
87
67
67
JW-N"
75
75%
75
76%
97%
97%
97%
96
97%
K
96'A
1st gtd
68 VA
68 VA
87
.
1
85
-
68
13
65%
68%
69
39
66%
69%
103'A
104%
*103% 104%
J-J
88%
88 VA
90'/a
14
88%
91%
65%
65'A
65%
125
64 %
65%
Plain
1993
unguaranteed
M-S
80
M-S
1958
J-D
1995
J-D
3
J-D
70
1961
M-N
24
*73-
1995
4%s
13
104% 104 VA
1982
gold 4s
80
109'A 109'A
J-D
1970
I
J-J
98%
108%
1937
__1977
M-S
79%.
M-S
1
108%
104 VA
25
98%
105'A
109'A
73'A
71
3
104%
'11*'
73'A
70
70
104'A
105%
*87
99
25
97%
99%
47
47 '/a
7
46%
48
101
F-A
90
99
47
101'/a
4
1956
M-N
fill'A
1995
J-J
*145 %
1st 5s
100
101%
stamped
1970
M-S
_1965
A-O
1965
—
112
:
112
__
105% 105%
105
A-O
105
105'A
104'A 105
103%
105%
*104%
Laclede Gas Light 4%s conv debs__1963
Lakefront Dock & RR Terminal—
M-8
112%
1st
mtge s f
Lake Sh
3%s
& Mich
A___
Sou- gold 3%s
3%s registered
Lautaro
Nitrate
Co
1st
1st
1st
1st
cons
cons
mtge 3'As
E
cons
Div
mtge
3'/8s
mtge- 2s
1st
ser
ser
mtge
cPP
G
3'As
J-J
J-J
2000
J-J
1953
H
rv.fff
,
A-O
mtge 3%s ser F— 1—1990
cons
*>''>»*
ser
Jan 2015
68%
70%
M-.Q
46
89%
89'A
~5
67%
72
96%
*96% 102
114%
100%
__
106%
103
__
—
__
102% 102%
5
101%
1%
14
%
1 %
111% 113%
52
107%
113%
1
96%
J-D
-1997
J-D
J-D
95
96'%
90
90'%
1975
Ji Deo
1970
A-O
1954
:
F-A
90
91
*100
90%
91
96'%
97
55
101%
F-A
*__
95
91
91
68'%
70%
16
68
70%
J-J
70
70'/a
11
68%
72 Va
39%
139
38%
37%
40
82
42'A
46%
42
42'%
M-N
M-N
2003
M-N
2003
97
'l00
F-A
2003
;
95
F-A
2003
registered
4%s stamped modified
4%s registered
91
Co—
5s stamped
1964
5s stamped
1974
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext. 1950
Lehigh Valley RR—
5s
94%
89%
*__
38%
M-N
.
38%
*37
42%
42%
*40%
96'%
40
43%
'63
96'%
91
93
:
*85
*99%
83%
II' I
84%
89'A
M-N
47%
47'A
48%
47
46%
83%
87%
Lehigh Valley Terminal Ry ext 5s_1951
A-O
73
73
73%
8
71%
99
M-S
1971
oc
68%
,
*98'/a
*170%
——
114%
75%
Ltd—
A 1st mtge income
reg
Lehigh Coal & Navigation
4s
A
1968
1997.
ser
4s stamped modified
Erie Railroad Co—
ser
100%
_«.
__
99%
186
5s
inc 4%s
99%
100%
*112'%
101%
105%
98%
(NY) 1st cons gold 5s
Elgin Joliet & Eastern Ry 3'As
Ed El 111
mtge
101%
110
mtge 3%s ser A—
Lehigh Valley Coal Co—
5s stamped
Southwestern
105'A
99%
*108
A-O
S F
1st
101%
103%
..
82
107% 109'A
*104
J-J
East Tenn Va & Ga Div
7
J-J
J-J
i
4
*100%
A-O
101
'26
J-J
1997
96
100%
105%
105
*53
1961
Kings County El L & P 6s.
7
__
101'/a 101%
*100
——
96
101
J-J
1959
J-J
1966
G
gold 5s
Duquesne Light Co 2%'s
Gen
——
1964
H
lien
101
*101%
'J-J
1961
4%s
int)
series
'•■■■
101% 101%
105%
A-O
.1974
fixed
series
series
1st
A-O
J-D
—
1987
Apr
f§ADul So Shore & Atl
&
A-O
1968
96
—
mm —
1961
Det Tol & Ironton RR 2%s ser B__1976
Chemical 2.35s debs__»
„1961-
Paso
J-XJ
.1961
Dow
5s
J-D
—
(3%
2%s
A-0
(4%%
a Second gold 4s
Detroit Term & Tunnel
El
A-O
1950
87
1990
1978
gold 4s_
J-D
1977
debentures
Mack
93%
1993
A
Lake
3'As
ref 3s
75
M-S
fixed
contingent
Gen
J-D
102
2018
mtge
Edison
96'A
Jamestown Frankl & Clear 1st 4s__1959
Jersey Central Pow & Lt 2%s
1976
West RR—
(3%
ser
Salt
Income
95%
M-N
T.1973-
3%s
tr
Grande
contingent int)
Denver
M-N
1973'
contingent int)
a Income
101%
*101VA 102
95%
103'A
1975
mtge ser A
1%
99 VA
103'A
division
coll
Rio
99
Kanawha & Mich
May 11042
Power
mtge
Denver
18
.1976
4-6s
Delaware
99'/A
103'A
div
due
&
Tr
Coll
99'A
"i-
99
Lexington & Eastern Ry 1st 5s
Liggett & Myers Tobacco 5s
1965
A-O
1951
A-O
stamped
modified
2003
*
*119%
108
108
—
108
41'%
49%
74
120
120
107'%
108%
<
(624)
COMMERCIAL & FINANCIAL
THE
CHRONICLE
Monday, February 7, 1949
NEW YORK BOND RECORD
RANGE
Friday
BONDS
Interest
New York Stock Exchange
Period
Week's Range
or Friday's
Bonds
Bid & Asked
Last
Sale Price
Sold
Low
Little Miami
gen 4s series A
1962
A
Lombard Electric 7s series
Long Island unified 4s
Guaranteed rel gold 4s
4s
A
Louisville
1st &
*104ft
100 &
Jf-S
lUO^s
100 l/i
m-a
1963
108
3
102% 103
M-S
1978
108
A-O
1966
26%
Prior
36
18
*107
102 ft
2003
2003
A-0
3%s
2003
A-O
H
ser
St
Louis Dlv 2d gold
Atl Knox & Cine Div
A'O
92 ft
92 ft
83 ft
13
79%
23
99 ft
2047
J-J
2047
J-J
1975
M-S
impt 5s series D
1980
Jf-8
♦93 ft
4s
1953
Jf-N
*107%
Power
1st mtge 2%s
mtge 2%s
1974
1975
1978
(Wise)
3s
1st
mtge 2%s
1972
1960
J-D
RR
4fts
4s
con
A
ser
B
ser
4s sink fund__Feb 11957
(Southern Lines) 4s___1959
May Dept Stores 2%s debs
1972
J-J
Minn
1952
lien
Prior
5s
4s
series
lien
ACum
4Vis
adjust
J-J
80
Jf-S
106
A-0
1977
Jan 1967
A-O
105 ft 105%
1st
&
ref
5s
series
F
A 1st
&
ref
5s
series
G
ref
&
5Vis
103%
5s
series
gtd
Constr M 5s series A
4Vis
8
101ft
—
80
*__
Jf-8
N
16
102%
104%
103ft
103
103 Va
3
102 ft
103 ft
&
series
L
1974
J-D
101%
101% 102V4
17
101%
series M
1979
J-D
5
101 ft
103ft
N
1977
J-D
101%
102%
ref
3s
3s
& ref
3s series
& ref
2%s series P
J-D
72
J-J
85
52 ft
1st
102%
62
101ft
1st & ref 2 fts series Q
1st & ref M 3fts ser R
Pacific
Alst 4fts
Cons
series
J-J
M-S
67
70
67
70V2
73 ft
80 Va
68 ft
68 ft
2
67
67
68%
5
74 ft
74 ft
78 ft
52
V'V
A3 fts
82 ft
Pennsylvania Glass Sand 3fts
1960
44%
79
82%
Pennsylvania Power & Light Co—
1st mtge 3s
1975
A-O
M-N
81
80%
82 ft
175
79%
821/a
Jf-N
24%
24%
25%
169'
24%
26%
A-O
80%
80%
82'A
104
79%
82%
Cons
F-A
80%
159
82 ft
62
62
2
33
91 Vi
General
General
5s
General
4 fts
101%
24
91ft
82 ft
62%
79
5
1986
Jf-N
1978
A-O
*
56%
i
Gen
91
91ft
t
f
10214
3s
F-A
♦87ft
99%
J-D
J-D
89
ft
105
105
99%
1
103%
105%
*98
J-D
Jf-N
99 ft
*100
101
101ft
39
101
117
117%
2
117
100 ft
100
100 ft
7
99%
10
103%
103%
1974
jf-a
1983
j-j
j-j
*103% 104 ft
98 %
F-J
92 ft
105
5
103% 103 ft
%
23
94
,
F-A
1954
\
105
104
94
33
91ft
94
48
90
95 Vb
93
90%
95
a~-o
91
91
95
96
87 ft
94
95%
68
■
j.
93
;
66 V8
66'/b
68 ft
201
66 Vi
73
79
79 Vb
25
79
81%
75
75
registered
1997
3Vis
1998
F-A
♦73ft
561/2
56 Va
78 Va
57%
13
56 ft
56%
56V4
1
56ft
56%
56%
5
Lois
56%
60%
58
58
5
58
58
97
97
6
94%
97
92
92
30
*90
91
1998
F-A
1980
J-D
1986
ref
F-A
2000
Jf-N
2043
.
mtge
Hartford
4s
ser
Jf-N
JAN Y Ont
General
& West
State
Y
2007
4s—June 1992
*98
79
101
99%
677/b
319
65%
44%
100
1»2
99%
100)4
99 ft
F-A
99 ft
(
2
99 %
.6
9%
J-J
97/b
10%
42
10
*105%
F-A
*-103 ft
F-A
*107'/2
97
*102 ft 108
M-N
J-D
10 ft
10
101Tb
98ft.
J-D
99%
102 %
9%
10
1957
100%
99%
*101% 102%
*97
100%
102
101%
*101 ft 102
1960
.1963
106'%
24
*9%
;
109
105Vi
100ft
99 ft 100%
1
.
115
109
102%
98%
107 Va
107 ft
114ft
lHVa
104ft
107
—
—
—
114ft 114ft
6
mtge
5s series B
1975
3 fts
1975
A-O
series E
Pittston
5 fts
Co
4
103 ft
1st
9
103% 103%
9
9%
140
J-J
45 ft
F-A
*__
9
<4%
98%
61%
5
100
63 ft
96 ft
2
46
2
1C6%
107 ft
43 ft
46
35
37
debentures
&
fef
ref
1011%
100%
90
102'/b
•101%
101%
11
89% *92 %
92
92
9i%
89
_
89
*109
92
100
J-J
*__
J-J
Jf-Sy
1963
100
100
*106'A.
J-J
F-A
*101'/a
M-N
99i2
-106
—
100Vi
106%
109
—
*98'/b 101
99 ft
99%
101 Vi
101%
107*4
107 Vi
Co—
——
1968
J-J
1972
101%
J-J
2037
2031
1968
3s
mtge
89%
»
F-A
1983
3fts
102ft
89
1956
Gas
89 ft
A-O
1977
&
108
88%
4
M-N
IOIV4 101%
*107»A
—
146ft 146ft
*210
J-D
42
"l
146ft
147
215
220
215
104
104ft
100Vi
101
"2
104
104 ft
101
20
22
73
75
1982
j-j
Ref mtge 3Vis ser E
Ref mtge 3s series F
Niagara Falls Power 3fts
1978
F-A
1981
J-J
1966
A-O
A-O
M-S
1974
Jf-N
92
A-O
Rochester
Gas
Gen
mtge
Gen
101
5
mtge
ser
D_
09
Q3
19
86i
2
93%
102%
103'A
106
*1021/2 103'/4
106%
Elec
&
Corp—
4fts series D
3%s series H
_1977
_1967
M-S
*107%
M-S
*106%
*__
M-S
125
—
Gen
mtge
3fts
series I
_1967
<~-n
mtap
3 V* s
series
_1969
M-S
.1949
j-j
*9
101/2
9
10 '
.1941
J-J
10
10%
9%
10 Va
99ft
97%
99 ft
tARut-Canadian
t§ARutland
98ft
97%
104
104ft
15
103 Vi
1
101 Vi
102ft
Saguenay
108% 108%
1
108%
108%
Bt Lawr
sxn—pen
4fts
—
106% 106%
v
stamped—
104 ft
102 ft 102 ft
RR
is
J
98 ft
104ft
102ft
Co—
5s_—1974
1995
Reynolds (R J) Tobacco 3s debs_ _1973
Reading Co 1st & ref 3fts
*98
M-S
2014
J^I
2fts deb
R
35
5
2d
81ft
128%
81ft
83
21
128 ft
1287/b
112
M-S
__
81 ft
10
128% 1287/b
♦112
112
85
4
Power
&
3s
1st
1st
mtge 4s
M-S
series A
1971
gold 5s_J.
1996
A-O
1955
series
99ft
J-J
1996
Adir
J-J
gold 6s
St L Rocky Mt & P 5s stamped
St Louis-San Francisco Ry Co—
A
2q
Elec
1003
*101 ft 103
A-O
lift
6
A
1964
mtge 3y4S__1966
mortgage 3s_
Service
36.
J-D
Providence Terminal 4s
Public
86
104V2
J-D
mortgage 3 Vis
Quaker Oats
103%
74 ft
1st gold 4s_1996
1st
9
103%
Jf-N
M-S
22
inc
J-D
1977
debs
inc
I'wr
1st
18
88%
102
A-O
—1974
series C
4fts series D
106ft
88 Vi
100% 101 Vi
J-J
1958
1958
1st gen 5s
1st gen
U-N
1965
debentures
1st mtge 4 ft s series A
s
88%
-
1st mtge 4 fts series B
1959
1st mtge 4 fts series C__.
1960
Pitts Youngstown & Ashtabula Ry—
1st gen 5s series B
1962
••
106
A-O
mtge
*106 ft 107%
48 ft
74 ft
gp
ft
69 ft
373
22
op
1937
mtge 5s
mtge 8s
47
5
2%s
series
114
•
—
100% 101 ft
99 ft
J-D
'
1970
mtge
Jf-N
4'fts
98 ft
J-D
series A
5s
ref
1943
ref
mtge
ref
66 ft
20
1st
For footnntpi
Gen
&
gold 5s
N Y Telephone 2%s ser D
Gen &
96
1
Jf-N
&
45 ft
4ft
ref
29
14
1964
&
66 Vi
64%
<fc
16
109
<.1953
1st
46
99%
Ry
61
13%
98%
*114»/b
J-D
1st
J-J
4%
gen
59
10
109
1990
1st
99%
5s
Western
98
12
13%
—
105% 106
Pittsburg Bessemer & L Erie 2fts
Pgh Cine Chic & St Louis Ry-4-
1st
F-A
Central
f 4s___
Cons gtd 4s series F
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4fts series I
Cons gtd 4. fts series J
87
109%
59%
13%
J-J
F-A
100
1940
Northern
106 Va
J-J
1978
81
*95%
Norfolk &
173
1977
1981
s
108 ft 109%
1961
2fts
1st
83 Va
98%
F-A
—1974
27/8s—i
Ry
110
993,
59
106%
,
M-N
78
*62 ft
Ry
Jf-S
106
69
*104%
M-N
10
Jf-8
conv
103 %
33
:
1971
80
107 ft 107 ft
5s
109%
1980
D
1974
79
J-J
mtge
ser
Phillips Petroleum 2%s debs__t__1964
-
123
21
13%
..1967
ref
116
86 ft
86
59 %
2fts
&
101 ft
114ft
100% 101%
86
F-A
2fts
72%
Corp 1st 3ft 5
—-VSS3
Susquehanna & Western Rxx—
refunding 5s
1937
§A2d gold 4fi/s
1937
A Gen
101
Apr
B
100
May
Y
Norfolk Southern
J-D
2%s
707/8
J-D
§ A 1st
§ATerminal
102
J-J
ref
13
J-J
gold
A-O
ref
71
1977
§ A General
92
91
99%
100
114
A-0
Gas
101ft
ref
70%
1955
:
&
96ft
&
3s
1st mtge 2%s—1975
gtd 4s
1993
''ins
Steam
Elec
70
&
RR—
A
4s
NY Power & Light
N Y & Putnam 1st
Y
ref
32
99 ft
Jf-N
1973
&
92
86%
100 ft 101
*101
J-J
1973
A
100%
J-J
2043
series
*
A-O
1951
97
A-O
1975
B
B
Haven
series
5s
Potomac Elec
4s
4s
99%
A-O
Pittsburgh Steel 1st mtge 4Vis
Pittsburgh
West Virginia Ry—
61
F-A
F-A
Chicago & St Louis—
series
&
J-J
1998
gold 3 Vis
registered
New
J-J
1998
registered
West
98 ft
&
3fts
A-O
&
98%
Plttsb Coke & Chem 1st mtge 3fts_1964
66%
A
ser
J-J
Gen
61ft
60
gold
101%
1974
Pittsburgh Consolidation Coal—
57 Vi
1st
IN
:
97 ft
93
A Gen
mtge conv inc 4 fts ser A-2022
Harlem River & Port Chester—
1st 4s
1954
N
f
92
416
Y
N
•>
295
4fts
A
j
j
105ft
103»A
62
Dock
97 ft
Gen
Mtge 4s series A
Mtge 4s series B
•
■■■{
f.
94
54
100%
6
115% 115%
Pgh Cine Chic & St Louis RR—
N Y & Harlem gold 3fts
,
98%
-
A-O
99 ft
1960
ACertificates of deposit
j
y
--
—
93
A
Connecting RR 2%s
N
<
V
105
103%
98 ft
*100% 100%
115%
Apr 1990
f § APhilippine
j-J
107% 108%
99 %
1st
I
:
*98 ft
105 % 106
108%
A-O
1st & ref
100%
103% 103%
f-a
105%
J-D
1st
117%
j-j
J-D
1st
101%
117%
101
F-A
1st
101
1986
ext—-
General gold 4fts series C
Philadelphia Co coll tr 4 fts
Philadelphia Electric Co—
S
J-D
A-O
4s
& Wash RR Co—
General
—;
99%
1985
'■.»
Jf-N
1988
Eastern
Income 4s
Phila Bait
i
12
1963
Pere Marquette Ry 3 fts
100 ft
-L
100% 100 ft
1952
3 fts
Peoria & Pekin Union Ry 5fts
104
105
.21
*103
100%
66 ft
104ft
A-O
'
105%
55ft
104
L
1984
series E
"K
89%
"9
99% 100
103% 103%
A-O
&
;
1981
D
debentures
conv
64
i;:
104 ft 104 ft
1965
A
B
series
I
r-i.
88 ft
101%
~
1968
series
.1,
:;.t
100 Va
r-
1965
series
4 fts
deb
Peoria
*
Y<'.
103 Va
1960
Gen mtge 3 fts series F
Peoples Gas Light & Coke Co—
81V2
75 ft
4 fts
mtge
Conv
58%
79 Vi
741/4
-
101 ft
103
RR—
sinking fund 4fts
103V4
■%
'
41
80%
57 ft
Pennsylvania
101
-■
"I
101% 101%
57%
debentures
f
s
61%
*104 ft
M-N
3s
103'/4
80%
MS
1956
N
104ft
J-D
41
59
Lack
63
61
Jf-N
79%
1956
N Y
Y
61
A-O
1952
33
58 ft
Ref mtge 3 fts ser E
1st mtge 3s ser F__——
N
series E trust ctfs
243
60
1st
income debentures—1960
conv
243
75 Vi
Mich Cent coll
Y
—
82 ft
57 ft
New York
*100%
97
96
101%
6
*1041/4
jr-s
82%
F-A
14
100% 101
J-J
Pennsylvania Co—
deposit
gold
100%
•
97 ft
Pennsylvania-Central Airlines—
y
60
3fts
f gold 4fts—1955
s
42%
79 Vi
D
coll
96 Vb
1983
111 1st
Paterson & Passaic G & E cons 5s_1949
57 ft
Shore
96
V
debentures
85
A-O
3fts
93%
33%
3fts
74%
F-A
Lake
93 ft
931/2
98
1
41%
General
\
10
*:
95%
38
2013
3 fts
103%
101'4 101 VB
71
deposit
impt 4Vis series
impt 5s series C
99 ft
103 3b
103% 103%
80%
Ry—
ft
20
A-O
80%
1961
34
Jf-S
81
1980
1
08%
A-0
2013
Central & Hudson River RR—
mtge 3Vis
-1997
N Y
J-D
95%
1978
Central RR Co—
4s
&
1985
debs
95%
98 ft
1987
—1998
Ref
103
103% 103%
98% '
1988
t
Ref &
2%s
J-D
debentures
82 Va
74 ft
ACertificates of deposit
Alst 5 fts series A
ACertificates of deposit
New York
Tel
&
J-D
J-D
debentures
30
79ft
C
series
—
debentures
26
J-J
1954
of
.
3Vis
74
74 ft
B
of
series
.
•
3 fts
85
M-N
B
ACertificates
101ft 101ft
*101% 1G2% "
87
72 ft
M-N
L
tNew Orleans Texas &
Mexico
ACertificates
2
53 Vi
84 ft
ft
•
5s
Tel
1981
1980
__1982
80%
New Orleans &
Northeastern RR—
•
Ref Si Imp 4fts series A
1952
New Orleans Term 1st
gtd 4s__^.
1953
A
106
103V4 103ft
50 ft
18
A-O
1982
series
106
85
85Vi
51ft
51 ft
J-D
Jersey Bell Telephone 3Vis
A 1st
j-D
2%s
*84ft
J-J
J-J
-1955
Junction RR gtd 1st 4s
New Jersey
Power & Light 3s
New Orleans Great Nor 5s
A
5s
106
J-D
100
101ft
1966
J
Alst
106
,
105
J-D
ft
60
1991
debentures
New
97
104 Va
1971
1960
42 ft
Naugautuck RR 1st gold 4s
-—1954
New England Tel & Tel
5s A__
1952
series
95
26
1970
102%
62
Nashville Chattanooga- dr St Louis—
4 Vis
97%
104 % 105
series K
3 Vis series I
Jf-8
National Dairy Products
2%s debs.1970
3s debentures
1970
National Steel Corp 1st
mtge 3s
1965
National Supply 2%s debs
1967
3s
14
102%
97 Va
HO
& ref 3s
1st
106%
100
99%
*102% 104 ft
N
•1st gtd
*96 ft
104%
13
100%
3
& ref
1st & ref
81
80
1955
:
1
18
97%
1st
101 Vi
105%
2000
B
B
14
97%
& ref 3s series J
A
.ser
105%
1st
F-A
-1981
3Vis
series
-~
105%
5
102% 102%
F-A
1980
H
I
1st
14
14
102%
A-O
1949
series
Mountain States Tel & Tel
2%s
3 Vis debentures
3s
1975
A—1960
ser
Jf-S
debs_____1958
1st mtge
A-O
1978
A
ser
gold
Essex
M
Electric 2%s
&
M-S
1977
Moh'k & Malone 1st
gtd gold 4s
Monongahela Ry 3%s series B
Morrell (John) & Co 3s
Constr
Gas
J-J
1974
1973
ref 5s
Morris &
1948
3s
1969
4s
gold
1st &
99%
—
101%
M-N
1975
1st mtge
Oregon-Washington RR 3s
Gtd 4s
1st & ref 5s series A
General
A
AConv
Oklahoma
4s
2%s
mtge
Paducan &
1978
A
—
99 Vb
9 6 »/4
13
--
100 Vi
Co—
A
A 1st
1st
103
103 Vi
guaranteed
Ohio Edison
97ft
97
100 Vi
*102
1962
RR
93 Vi
89%
101ft
—
ft 106%
61
1967
D
series
98%
'
Jf-S
A-O
1962
A
\
*101ft
1969
A
series
98%
98%
*102 ft
1st
1969
1940
B
5s
103 Va
Telephone—
debentures
§ A 1st
RR—
series
-•^Missouri Pacific
;■
97
103
'
103 ft 103 %
Jf-N
1979
C
Mining & Mfg 2%s
40-year
A
14
St
Prior
95
89
101 Va
tOgdensburg & Lake Champlain Ry—
M -S
mtge 3fts_1969
Missouri-Kansas-Texas
95
90
■
42
1st
195.1
series
6
88
Pacific Gas & Electric Co—
Paul & Sault Ste Marie—
1st mtge 4Vis inc ser A
Jan 1971
A Gen
mtge 4Ts inc ser A
Jan 1991
Mo Kansas & Texas 1st 4s
1990
i
92ft
B5Vb
1
89%
71 ft
f
1st mtge 2%s
1st mtge 3%s
t§ AMidland of N J 1st ext
5s
Minnesota
97
*100%
A-0
1988
Central—
Jack Lans &
Sag 3fts
1st gold 3 fts
,
92 ft
101ft
69 Vi
3
68%
103
Jf-N
100%
70 ft
Co—
debentures
Michigan
1st
89%
*—
J-D
_
Ref &
impt 4Vis
Michigan Cons Gas
92 Vi
Jf-N
Corp 1st mtge 3s
1960
Metropolitan Edison 1st mtge 27/bS_1974
Metropolitan Wat Sewerage & Drain
3 VbS
69%
M-N
Mead
(see
Foreign bonds)
Michigan Bell Telephone
*98 ft 101 Vi
69%
3-D
1954
Manati Sugar
Manila RR
3
6478
60%
O
M-N
Maine Central
1st mtge &
95
F-A
M
Macy (R H) & Co 2%s debs
1011/2
Va
84
19
94 ft
95
102% 103%
1979
Bell
98
61
59%
87%
95
95
103
J-J
3fts
I
High
106 7/8
102
15
46
65 ft
87
94 ft
48
63%
ft
A-O
mtge
Northwestern
107%
Low
Co—
1st
93 ft
93
107%
4Vis
1st
99 %
3s
87 ft
62 ft
*61%
J-J
83 ft
99%
101ft 101 ft
62
2047
States
Jan.
No.
104% 105%
101ft
(Minn)
92 Vi
92
2
83
99%
99%
104%
Q-J
2047
Northern
3%s series F
Q-J
&
trust
Range Since
Sold
High
1997
3s
Coll
Bonds
Bid & Asked
1997
Ref &
106%
RR—
2%s series G
Week's Range
or
Friday's
Last
Sale Price
Jan 1 2047
3s
registered
impt 4fts series A
Ref & impt 5s series C
103 ft
10o%
107ft
lien
Q-F
Q-A
Ref
Af-S
103
Period
.
4s
registered
General
103 Vi
103
Pacific Railway—
lien
4s
«
F-A
1951
36
Interest
Low
Northern
100 &
1st
M
BONDS
High
J -D
1st & ref M
ref
Low
No.
Jf-8
M
&
Friday
High
34
4
New York Stock Exchange
1949
& Nashville
ref
FEBRUARY
Jan. 1
1949
mtge 3s
ENDED
Range Since
1952
stamped
rei
WEEK
1949
Lorillard (P) Co deb 5s
38 debentures
Louisville Gas & Elec 3 Vis
1st &
M-N
FOR
A
2nd mtge ir.c 4 fts ser A
1997
Jan 2022
76
'76
73
*__
109
86
86
99 ft
99 Va
216
84
88%
285
57 Vi
61%
*100
J-J
86%
85 ft
87
May
57%
571/4
591/2
•
Va
76
i":
Volume 169
THE
Number 4775
COMMERCIAL &
FINANCIAL
CHRONICLE
(625)
29
NEW YORK BOND RECORD
RANGE
Friday
Interest
BONDS
New York Stock Exchange
Last
or
Sale Price
Period
Louis-Southwestern
1st
4s
bond
M-N
1989
4s inc bond ctfs
Nov 1989
Gen & ref gold 5s series A
:__1990
Paul & Duluth 1st cons gold 4s_1968
St
Paul
Union Dept 3'/as B
Scioto V'&NE 1st gtd 4s
Seaboard Air Line RR Co—
(Jos
E)
&
Sons
J-J
90
M-N
J-J
Jan 2016
2%s
90
A-O
1989
J-J
Soeony-Vacuum Oil 2Vis
1976
1963
A-O
&
Nor
Southern
3s
Ala
Bell
RR
Tel
gtd
69
167
96
i.
96%
12
debentures
Southern
Southern
1st
A
94%
J-J
M-S
Af-N
1981
M-N
1st mtg 3%s ser A.1975
Pacific RR Co—
101 VB
J-J
1956
A-O
gen
6s series A
98
92
J-J
98
89
1983
109'%
100'/a
tS
84
1966
1971
F-A
1972
j-j
1973
111%
65
96%
M-n
27/as
Co
25/bS
1978
Af-S
debs
106'A
A-O
debentures
Southwest 1st gtd 5s—
&
imp 27/as
Corp 3s deb
Texas
&
New
series
_2019
1st
>
Orleans
97'%
102 Va
*82%
101%
(Hiram)
G & W 2%s debs_1966
debentures 3%s_lS76
debs
(subordinated)
J-D
Gen
West
RR—
B
1970
A-O
98 'A
98 Va
99
_1990
A-O
96
96
96
5s
2000
J-D
1985
J-J
Term
Third
RR
of New
Orleans 3%s__1974
Ave
Ry 1st ref 4s
income 5s
AAdj
120'/a 120'/a
7
Tol & Ohio Cent ref &
J-D
1960
J-J
Jan 1960
Gas & Elec 1st gold 5s
Tri-Continental Corp 27/as debs
*100%
a'-V'
W
70
70
43'%
-
A-O
impt 33/is__1960
Trenton
—
•*
M-S
1961
M-S
J
10
98%
100%
26
89%
92
105 %
105% 106
106
F-A
*52%
92
1st
4s
106
1
108% 109
21
J-J
M -S
60%
60
61
60
60
60
8
*107%
7
1G6%
107 Va
108%
36
Af-S
106
106%
J-D
2361
guaranteed
55
101%
106
ioi%
106Va
51%
—;
*98
106
2361
Shore
Western
109%
60
62
.
63%
58%
-
.
%
A-O
May
leiegraph Co—
real estate 4%s
1950
&
El
conv
92
97'A
2
118%
101%
OO
v71
ri O O
16
68%
42%
1949
Af-N
1992
M-S
D
1967
J-J
1958
A-O
1960
J-J
1949
J-J
2
.
B
1st
Central
general
4s
A
f
,
99%
*101'%
Electric
Public
::j
101%
V"
99%
100%
101'%
101 ii
-
7
*94 Vi
\
99
99
t
12'
99%
99
99'%
99
5
*112% 113
96'%
5
102'%
104
112'%
102% 103
102%
99%
97
112%
•
99%
77
148
1976
J-D
II
3%s~__1971
Power
J-J
2%s
Service
77
A',
^
4o%
97'a
104 %
57
49
49%
95%
75%
47%
44 ,,•••
••46%
76
47%
104%
72 V
a
J-J
Certificates of deposit
Wisconsin
lOlVa
10110
5
124
Af-N
of
Wisconsin
101%: r4
101%
•" 786% ■-•'■%
84.
Ry—
4s_
Certificates
101'%
01% 101 Va
S
101
v
9
99%
99%
J-D
1970
series A—
58
85
100% 101 Va
99%
mortgage 3s_,
1st
84
101 Va 101 Vi
J-J
deposit—
§ ASu & Du div & term 1st 4s___1936
45%
101'A
A
J-J
101'%
55
M-S
3 %s .series
Co
&
§ A 1st
71'%
72
45%
mtge
{Wisconsin
120 Va
99%
101%
100%
101%
6
101% 101 %
IP17!
Gen & ref M 2%s
1st
101% 101%
85
1973
debentures
Winston-Salem
101%
101 %
J-J
.1951
2%s
Mfg
M-N
M-S
1960
debentures
Wilson
100%
99'%
■;
4
99% 100
1951
5s
5s
Wheeling Steel 3'As series C__.
99
99%
7:
72
100% 101%
101
1952
Jan 2014
4s
Union
Funding &
25-year gold
101%
98
__
43'%
J-D
1949
'99 Va
1966
3%s series I
Western Maryland 1st mtge
Western Pacific 4%s inc A
29
100'% 101
x
97%
1967
Power
97.
106
4
Pacific—
gtd
Registered
101'/8
20
series C
gold
stpd
3%s
mtge
Penn
5s
Wheeling & Lake Erie RR 4s
series
series E
90 %
F-A
1950
Ltg
98
105'A
21
3%s
1st
76% : 76%
99'%
100 Vi 100%
Af-N
A-O
West
96
100
__
3 Vis
Pacific
M-N
83
81
__
79
99%
RR 1st ref gtd gold 3%s__2000
Washington Terminal 2%s ser A..1970
_.
105% 106
M
Pacific-Missouri
99
1C3%
103%
101%
M
&
Apr
conv
97%
7
ref
Gen & ref M 3%s
93
96
96
103 Va
Baking Co—
97
94%
5
ref
Texas
10
26
*76
1971
1970
51%
46
1st
Texas
series A
Warren
103%
51%
—.
1st &
&
98%
Apr
5%s
97
103%
—x
*99% 101'/a
~
96
'
*115%
'
2
96
98%
Apr
Walker
1^4
96
95%
*101
M-N
—
103% 103%
Af-N
A-O
mtge inc 4%s series B__Jan 1991
Ward
116'/a
102%
__
57
97'%
.
A-O
109%
A-O
1995
Westchester
97'A
95
J-J
1985
103 Vi
107%
*103'%
1973
mtge 3%s series B
Walworth Co
■
__
1965
102%
Jan 1981
2.65s
D
3
43
*99.16 101
Co—
RR
2%s
Ref
10034
99%
99'%
J-J
.—1958
Westinghouse
Texas
2003
5s
cons
30-year
Terminal RR Assn of St Louis—
Ref & imp M 4s series C
1st
98%
Af-S
W
110
2
33
*103 Va
__
106
6
102% 103 V'4
109%
Af-S
Coke
&
Gen mtge 4s inc
107
108
95
7
106
—
109% 109%
102%
1963
gold 5s—1949
Wabash
98
97%
,
&
mtge 3s series F
debentures
Coal
1st lien & ref M 3%s ser C
95%
*51'%
M-N
*106
ref
conv
Virginian Ry 3s series B
84 »A
94
j-j
Swift
80
2
108% 110
__
1966
11
40
*103% 104'A
Apr
Sunray Oil Corp 27/as debs
82'%
*97
M-N
Af-N
&
&
87'/a
94'%
*102% 104
__
Standard Oil of Calif 2%s debs
Standard Oil (N J) deb 2%s_
105
;—1957
1975
Iron
101
14
*1C4'% 111
__
B—
1st
92%
86%
97'A
A-O
ASpokane Internat 1st gold 4%s_.2013
*._
F-A
4s series A—1955
series
95'A
92%
101
,
106'% 106'%
A-O
1985
debentures
90
82'%
97%
J-J
1951
76%
97
94%
1956
75 Va
mtge 2%s series E
3%s
95%
115% 115%
A-O
1956
cons
f 4s
s
Va
102%
94 Va
95 Vi
86
__
1996
80
—
76%
82%
J-J
&
94
*76
101 %
J-J
1994
& gen 6Vis series A
Memphis Div 1st gold 5s
St Louis Div 1st
gold 4s
Southwestern Bell Tel 2%s debs
93'/a
*95 %
MS
ref
Gen
1961
3 '/as
100%
100%
Va-101%
94 %
91%
1996
Devel
93%
A-O
1959
debs
&
1st
1
10
90%
97
101
1st mtge 2%s series F
1st mtge 2 Vis series G
1st cons gold 5s
gen 4s series A
100'4
*93
1st
98%
74%
86%
Devel
g
Cons
43
77
92
J-J
&
3%s
101'/a
95
98
101
J-D
1986
Devel
25
100%
40
*97%
94 Vi
..
mtge 27/as series E
Ry
*96% 101%
1976
debs
A-O
M-N
Virginia Electric & Power Co—
97%
*75 Va
1977
4Vis
Southern
96%
11
96%
102% 102%
J-J
San Fr Term
1st
96
*118
'
1969
2%s
debentures
Vandalia RR
69%
95%
:
Co—
(Oregon Lines)
Southern
42
95%
F-A
1937
4Vis
Gold
41
67%
•
*100% 101
J-J
1994
Ry 2%s
Pacific
4 Vis
Gold
F-A
1985
*
Indiana
96 J/4
J-J
J1979
debentures
27/bS
96 %
_
Co—
debentures
2%s
High
100%
1966
debs
Universal Pictures
Va
5s
Tel
&
20
67%
J-D
South
101%
Jan. 1
Low
101%
100
Rubber
2%s
103%
100%
*95%
A-O
Oil
101 Va
.....
S
90
85%
^
53
U
Range Since
Sold
No.
High
1967
United Biscuit 2%s
100% 101Y*
68'A
2%s debs
1971
ts ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
1965
Union
Low
109%
Bonds
Bid & Asked
Sale Price
Period
High
105
20
Week's Range
or Friday's
Last
Interest
BONDS
*127
J-D
Shell
Low
15
90
*100%
101
1966
4
New York Stock Exchange
*98
1996
FEBRUARY
jan. 1
No.
High
'103 '/a 103%
103 %
J-J
ENDED
Range Since
Sold
1083A 109%
J-D
1971
1st mtge 4s series A
AGen mtge 4%s series A
Seagram
Bonds
Ry—
certificates
2d
St
WEEK
Friday
Friday's
Bid & Asked
Low
St
FOR
We**-'* Range
*97
104% 104%
7
Xv
*100
100
luO
100
13
99'%
100
*A,k
<AfK
•
.
Yonkers
Elec
Lt &
Power
2%s
1976
J-J
94
94
20
-•!
94
94
.A
U
a
Union
1st
3s
Electric Co
Union
Oil
23As
trust
3%s
deb
3s
Pacific
27/as
mtge
*108% 109
108%
103%
included
*100%
100
100 %
not
M-N
*102%
100%
__
J-J
104
104
Va
7
100
100%
4
1976
series
1991
C
F-A
MS
in
delivery
the
included
sale
not
included
in
the
year's
range
n Under-the-rule
year's range, y Ex-coupon.
the
in
year's
sale
d Ex-interest,
range,
not included
in
the
Odd-lot
e
year's range,
(
J-D "
RR—
2%s
__
1967
debentures
Ref
M-N
A-O
1970
debentures
Union
Deferred
1971
1975
2%s
1968
Calif
of
Mo
of
mtge & coll
debentures
<101 Va 102%
92'%
12
33
100%
104
100%
17
§Negotiability
104%
99%
the
Bankruptcy Act,
as
by
93%
A Bonds
selling
sale
not
Cash sale
maturity.
bein^ in bankruptcy, receivership,
securities
or
assumed
•Friday's bid and asked prices;
103
92
impaired
{Companies reported
100 %
r
K
no
by
such
or reorganized under
Section 77 of
companies.
sales being transacted during current week.
flat.
•vV
Vi
NEW YORK CURB EXCHANGE
WEEKLY
NOTICE—Cash
In
footnote
a
In
and
the
deferred
week
In
delivery sales
which
they
are
disregarded in the week's
No
occur.
account
is
taken
of
AND
such
YEARLY
RECORD
unless
range
sales
in
they are the only transactions of the week, and when selling outside th® regular weekly range are shown
computing the range for the year.
In the
following extensive list we furnish a complete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Jan. 29,
ending the current Friday, Feb. 4. It is compiled from daily reports of the Curb
Exchange itself, and is intended to include every security, whether
stock or bond, in which any
dealings have occurred during the current year.
'
and
RANGE
FOR
WEEK
ENDED
FEBRUARY
y.
4
■m
Week's
STOCKS—
New York Curb
Exchange
Sale Price
Par
ACF-Brill
Motors
Aluminum
Acme
Acme
Wire
Adam
Hat
Aero
Co
Supply
Agnew
Ainsworth
Associates
Investors
(N
4.20%
Airlines
Fisher
Bros
Aluminum
$3.75
Aluminum
Aluminum
American
American
American
American
Class
Goods
Industries
Ltd
common.
Book
Cities
Jan
American
1%
Jan
Hard
7%
Jan
Feb
9%
Jan
5%
Jan
6%
Jan
American
3
3
Jan
American
5%
6
100
Jan
3
3
6%
__
94
4'%
94
25
35'/4
6 VB
Jan
American
Jan
92 Va
Jan
American
Meter
91
Jan
94
Feb
American
Potash
4'/a
1
5
4%
800
4'%
Feb
4%
Jan
Class
3%
v
3'%
100
3'/a
Jan
3%
Jan
3
Jan
3
Jan
American
Jan
Amer
16%
100
3
16%
150
lG'/4
Jan
"6
300
5%
Jan
6
Jan
Jan
9 '/a
Jan
48
Jan
51'/4
Jan
93%
Jan
95
6
*
49
49
32 'A
Jan
34
Jan
Jan
Jan
13%
13%
100
13
Jan
13%
Jan
20
24 V4
24'4
150
22%
Jan
25
Jan
18%
20%
32,600
17%
Jan
20%
Feb
141/4
14%
400
14V4
Jan
14%
Feb
13,800
4
Jan
.751/4
Jan
200
9
Feb
IOV4
Jan
Jan
25
20'/4
1
4
4
4%
2
9
9
9
•
Jan
26%
common
Co
&
Chem
class
A
B
37
37
37
100
37
Feb
41
•
27
27
27
150
23'a
Jan
27
Feb
•
Republics
Seal-Kap
x
$6
10
common
26%
26%
26%
1.500
22%
Jan
26%
Jan
22;
21%
22%
3.800
217a
Jan
25%
Jan
2%
Jan
10c
2
common
Superpower Corp
series
preferred
American
Thread
•
5%
2%
2%
U
61
3V4
400
1?
3 V'4
Jan
1 h Ja"
8,800
n
.61
61
500
%
Jan
Jan
62%
58
Jan
preferred
American Writing Paper common
8
4%
4%
4%
500
4%
Jan
4%
Jan
5
5'A
5V4
5%
500
5V4
Jan
5%
Jan
2
7%
7%
200
I71/4
50%
4,500
94 V4
94'%
250
26'%
100
25%
Jan
Anchor Post Products
6
Jan
6%
Jan
Angerman Co Inc
491/4
94%
High
2%
30
Jan
17'%
'
^ ^
Co
Metal Products
American
3
16%
Jan
Jan
Jan
Jan
2 Va
X28
_25
common
Maracaibo
Jan
5%
1,300
25
Mfg Co
91
2,800
Low
2%
25
preferred
35V4
'/a
Co
Laundry Mach
American Light & Trac common
8%
6
Rubber
2%
Range Since Jan. 1
High
1
American
300
class
A.
50
1
Power
&
50'%
3.500
49 V4
Jan
51%
Jan
Anglo-Iranian
1
1
63
63
'/a
1,000
1
10
63
.■
1
Feb
Va
Jan
Feb
1%
1%
66
Jan
Jan
Jan
Light—
Hoe^ common
American
Gas
&
Electric
com
...
33.
Amer
Oil
Co
dep rets ord
Ltd—
•
1
—
10
—
41%
6 V4
700
6'/a
Jan
6%
Feb
Argus
18%
400
17'%
Jan
18%
Feb
Arkansas Natural
42 3
9,400
9'7%
Jan
42%
Feb
Common
Jan
111%
Jan
6
111
s
111 1/4
125
111
pfd
Inc
class A
oreferred
171/4
2%
2%
2%
7%
7%
7%
100
107%
3'/a
3 Vb
3'A
6%
6'A
6'%
1.700
•
6%
6V4
6%
10
10%
10%
10%
£1
reg
Gas
17'/4
1
1
1
6%
18
5%
Jan
7%
Jan
17*4
;
Angostura-Wupperman
Apex-Elec Manufacturing Co
40 VB
Jan
Jan
5%
1
common
Appalachian Elec Pwr 4%%
6%
&
page
"
1
1
.100
B
see
4%
Jan
Jan
200
*
Co
common
preferred
Jan
1%
*
common
Car
Co
footnotes
4V4
2%
Shares
1
preferred
26 V4
Fork
For
1,100
for Week
*
American
4%%
1%
6%
_
common
Beverage
4%
preferred
convertible
8'%
100
preferred
Mfg
Bantam
$2.50
8
America
cumulative
Aluminum
Jan
28
GVa
1
of
32%
30
200
•
common
Co
Jan
30
convertible
8%
1
Brewing Co
Altofer
$2
American General Corp common__^_10c
8%
1
Investing Corp....
(Mich)
common..
Products
Jan
7%
100
Inc
Altes
3%
6%
50
_
pfd
common
Allied
Jan
1%
1%
3
Soutnern
Internat
2%
10
Appliance
Great
&
300
1
Power
Alles
2%
4%
2
Alabama
Alaska
Jan
5
J)
Alabama
Allied
l'/a
Sales
Range
of Prices
Low
Par
Jan
Week's
Last
Sale Price
Exchange
High
1
_
preferred
Electric
Low
New Yoik Curb
300
'
common.
Convertible
High
*
Swres
cemmon
Inc
Friday
Range Since Jan. 1
l'/a
28
1
1
Mfg
Air
Shares
2%
2%
in
Inc
Mfg
Air
Air-Way
l
common
Shoe
of Prices
STOCKS—
1
Alloys
Surpass
for Week
Low
warrants
Stores
Sales
Range
Last
common
non-voting
106'A 1071%
100
15%
Jan
200
,
2%
Feb
3
Jan
600
7%
Jan
8 V-4
Jan
510
106',4
Feb
108%
Jan
1,300
3%
Jan
3%
5%
Jan
7
Jan
5,600
5%
Jan
7%
Jan
20Q
10%
Jan
10%
Jan
Feb
Jan
1
-
I
30
THE
(626)
COMMERCIAL
Uit
Sale Price
New York Curb Exchange
Arkansas Power ft Light $7
Aro
•
2.60
1
pfd
Equipment Corp
Ashland Oil ft Refining Co
Associated Electric Industries—
Atlantic
£1
--
17%
Atlas
—
51
51
5%
19/2
--
—1
19
1
Automatic Steel Products Inc
Automatic Voting Machine
—
—
Avery (B F) ft Sons common
6% preferred
Ayrshire CoUierles Corp com
,
—
Jan
8 Va
Jan
Colonial
Sand ft Stone Co
17%
Feb
19%
Jan
Hotel
-.1
4%
.25
30%
Inc—
Jan
%
Jan
Community Public Service
22%
Jan
3% Jan
Jan
,
51%
Jan
Jan,
Vtc
to
ext
1956.
—
—
14 '/a
14%
15%
4
7*
49%
Jan
4%
18%
Jan
4%
Jan
5
J an
Consolidated
7%
Jan
8V2
Jan
9%
Feb
10%
Jan
Jan
24 Va
Jan
Jan
15 V2
**5%
-
Baldwin Rubber Co common————1
%
14
1,000
American
Jan
55
Jan
49
1,100
51%
7%
800
B
Baumann
(L) ft Co common
Beau-Brummel Ties common
Beck (AS) Shoe Corp
1
—
1
--
Bellanca
1
Aircraft
1
Copper
Feb
Jan
25
Jan
6
Jan
$1
Ridge Corp
Jan
Feb
101% 101%
10%
10%
60
100
Jan
103%
Jan
Jan
10%
17
Jan
17%
Jan
92 %
Feb
103 %
Jan
Jan
10%
17%
17%
17%
600
92'A
99%
1,500
7 /a
16%
Jan
Jan
Jan
6%
Jan
Jan
Creole
400
9 V4
Jan
Jan
Croft
400
IV2
Jan
1%
Jari
33%
Jan
34%
Jan
8%
Jan
Jam
Crown
Jan
27
Jan
Crown
Cork Internat'l
Jan
35%
Jan
Crown Drug Co
13%
Jan
14%
Jan
$6
7%
Feb
7%
Jan
Cuban
Rw
200
100
l^{fa
/8
100
25
9
.
1,700
100
6%
Jan
11
10% Jan
2% Jan
3%
100
24
33
120
63
Jan
74
Jan
21%
4%
cum
%
17%
6%
16 A
100
6%
15%
Jan
Jan
6%
16
5%
Jan
600
11
ill
400
8%
500
•& Jan
;; 8% Jan
4%
15%:
900
4 V2
Jan
600
14%
Jan
2,600
5%
Jan
6
Jan
Jan
42
Jan
: --.v
4%
'2
16%
44/8
U%
H
Inc
9%
4^
8 A
—
19%
Jan
21
Jan
75
'2
11%
Jan
11%
Jan
200
7
10%
Jan
•11%
Feb
Amer
dep
£
2%
Jan
9V2
Jan
10%
Castle
(AM)
4%
Jan
:
5% Jan
8%
700
12%
%
A
Jan
Jan
20.% Jan
Jan
4%; Jan
/
■
9%
Jan
Amer/ dep rots
Dobeckmun Co
Dominion Steel ft Coal class B—
Jan
Feb
Dominion Tar
%
Jan
Jan
Jan
2
Jan
c
77/a
900
Jan
8
Jan
1,400
Feb
5%
5
—
7
7
7%
700
__
2%
2%
600
Draper
Mfg
—
—
1%
1%
19
19
8'A
Jan
22
Jan
/ 41
10%
Jan
Jan
9%
Jan
1%
1%
1,600
20
100
19
'
1%
21
Jan
Jan
•
Feb
8%
Jan
3'A
•>
-
Jan
Feb
8'A
500
8'A
Jan
3%
Jan
2%
41%
725
40 Va
Jan
41%
Feb
111'A 111'A
25
110%
Jan
111'A
Feb
2%
7,000
2
Feb
2%
Jan
•ft*.';;:
x4%
"4%
600
~4%
Jan
"4%
35 'A«
35'A
100
34
Jan
36
4'A
4%
800
—
—
10
6'A
7 A
575
6
6/2
6 /a
6/a
1
3%
87
3%
8/2
o/a
7 A
7 A
7
,a
Jan
Jan
80
6
Feb
6%
Feb
25
6%
Feb
6%
Jan
100
8%
Feb
9%
Jan
900
:></ 3%
Jan
4
Jan
200
7'A
Jan
7%
Jan
10 Va
Jan
10 Va
Jan
13/2
13/2
75
12%
Jan
13%
Jan
63/4
375
59
Jan/
64 %
Jan
17/8
17 A
100
16%
Jan
17% Feb
—
•
8
7 /a
8
1,500
6
Jan
8%
Jan
—
7 A
8
900
6
Jan
8%
Jan
1 %
Jan
1%
Jan
1,700
1
10
{f
42%
42%
44/a
14,000
41%
Jan
46%
Jan
9
33.
Jan
13%
1
:
11'A
Jan
Jan
132
100
7%
Jan
9%
Jan
2%
1,300
2%
Feb
2%
Jan
.22%
900
22
Feb
23'A
Jan
12
Jan
12
Jan
8'A
2%
22
6%
12
100
12
//
6%
.
6%
600
6%
7'A
Jan
Jan
Feb
14'A
Feb
200
6%
Jan
10%
Jan
2%
1,200
2'A
Jan
2%
Jan
28%
50
26%
Jan
29 Va
Jan
14%
14%
800
14 Va
Jan
14%
Jan
"9%
400
9%
Jan
10
.T~n
63
64%
300
60'/a
Jan
64%
Feb
32
14'A
13%
9%
2'A
"9%
2'A
300
9
14%
Jan
32%
Jan
74%
Feb
75%
Feb
7%
Feb
13%
14'A
74%
-b'
•
75%
150
•
7%
400
6%
Jan
1 '/a
5'A
Jan
2-/8
Jan
11 %
150
10'A
Jan
11%
Jan
5
5'A
2,000
4%
Jan
5'/s
Jan
12%
200
12%
Jan
12 Va
Jan
4%
700
3%
Jan
4'A
Jan
12%
•
East
ft Fuel Assn
Gas
4%%
6%
preferred
States Corp
Sugar
4
75
77
175
72
Jan
77
Feb
72
73%
750
70 %
Jan
74
Jan
2'A
Jan
28
Eastern Malleable Iron
Com
*
10k
100
common
prior preferred
2'A
2'A
100
2'A
•
•
•
53
53
53%
1
13
13
13
1
*
'••W—
62%
63%
75
8'A
8%
600
12%
19,100
—
2%
Jan
60'A
'-.■L-ii-'-
—
250
Jan
63
Jan
50
Jan
54%
Jan
12%
Jan
13'A
61
Jan
64%
Jan
Feb
10
Jan
12%
Jan
Associates—
shares of beneficial lnt
$5 pfd shares of beneficial lnt
Easy Washing Machine class B
Electric Bond
ft Share
Electric Power ft Light
'•
8'A
1,400
8'A
Jan
6%
1
Inc
Empire District Electric 6% pfd
Empire Millwork Corp
Emsco Derrick ft Equipment
12 A
12 A
12 A
100
12%
Jan
13
Jan
A
1
Ltd
Corp
Va
100'A
Eureka Pipe Line common
6
Jan
7'A
10%
200
9%
Jan
11%
Jan
15,200
4%
Jan
4%
Jan
4'/s
4 'A ■?!
100
100'A 100'/a
Jan
6
10%
10 A
10 A
600
10 Va
Jan
10%
Jan
16
15%
16 /a
550
15%
Jan
16%
6'A
6%
Jan
(MH)
1%
33'A
34'A
4%
4%
100
6%
Jan
Jan
12%
Jan
Jan
1%
Jan
Jan
34'A
Jan
4%
Jan
%
125
Jan
4'/e
11,600
Jon
U1
.Tan
1,500
vLA/'i-iy,
%
(»
W,v. ■".! Sf ■'
18
18
25
18
15'A
32
16
Feb
Feb
16%
Jan
4 '/a
7,800
4
Feb
4%
Jan
9%
10'/a
2,000
9'A 'Jan
10%
64%
15'A
64%
20
59 'A
Jan
65 %
Jan
2%
1,200
2%
Jan
2%
'Jan
30%
50
4
9%
•
4-
2%
—1
—-—
Feb
Feb
18
30%
15'A
700
Jan
30
Jan
33
Jan
15
Jan
15
Jan
Co—
11: Stores—
to
6c
Feb
rH O O
1%
900
1%
.100
$2 dlv cum preferred
Flsbman
Jan
_i
Ford Motor Co Ltd—
Amer dep rets
Ford
Motor
.£1
ord reg
5%
5%
A non-voting
20 V*
20%
Class
B voting.
23
23
Motor
Pitt
Fort
Fox
of
France—
dep rets bearer.
Amer
Brewing
(Peter)
4% %
5%
%
1
1.25
Brewing
conv
9%
9%
8%
Co
25
50
—5
8 Ve
8
common—_1
preferred.
(Geo A)
%
"
19% Jan
2,100
Feb
23
23
25
%
6,200
-%
9%
800
9%
Jan
Feb
%
Jan
Feb
Jan
21
Jan
_
Co
Franklin Simon ft Co Ino
Fuller
Jan
of Canada—
Class
Ford
4%
2,400
7%
7%
r
Jan
150
-8%
8
10
/
7%
Jan
8%
400
8
Jan
8'A
Jan
24%
Jan
25%
Jan
7%
Feb
25%
480
8Vs
2,300
■
Jan
9
Jan
Jan
3%
Fair child
Jan
150
11%
6V2
~i%:
1
1
10
Esquire Inc
Eureka
100
1
B
10c
4
Jan
400
145
145
1
Electromaster
Jan
145
6%
11%
12
145
Option warrants
Electrographlc Corp common
11
350
6%
10%
...B
$7 2d pfd A._*
common
First York Corp common
62
.62;
<
15%
—I
Jan
Jan
•
For footnotes see page
Duro Test Corp common—
Duval Texas Sulphur
Jan
Feb
63
10
Feb
13
13
7%
7%
6»A
—
1
13
Jan
xll
Jan
5
17 /a
2,200
132
1
11%
10
-.4
Jan
*
Jan:
—
--
132
£1
1
FalrchUd Camera ft Instrument—
...1
Engine ft Airplane
_•
Fansteel Metallurgical
—lio
Fire Association (Phlla).
—
10
*
Dunlop Rubber Co Ltd—
Amer dep rets ord reg—
Co
Duraloy (The)
Feb
55'A
'
80
61
2.50
—
30
132
63'A
Jan
10%
--
59
Jan
x28%
Jan
85%
6%
10
V-
87%
25
59
210
28%
15
87 /2
„
Jan
Jan
*
78%
87 /a
-
.
--
-
400
•'
Jan
200
—
100
ordinary,
Jan
10%
22
Jan
30
14 A
100
common
33%
.
30%
2%
Feb
78 A
13 %
*
Jan
8V4
76%
78 k
13 %
20
30
Jan
Jan
Jan
13%
78Va
Clinchfield Coal Corp common
Club Aluminum Products Co
925
32%
6%
6
10 Va
-^-1*"■''
Jan
1
3%
/
150
14 Va
Jan
4%
4'A
1
Feb
Jan
8
Jan
4'A
1
1
5%
13%
10
Equity Corp common
$3 convertible preferred
•
—
50
30
——*
Eastern
Jan
—1
common..
Development
Jan
2s 6d
Co
150
5%
14'A
—
——-V-"-
1
-4
Colon
Jan
£1
1
Jan
*6%
Jan
2V2
20 %
9%
—
•
Clayton ft Lambert Mfg
'Cockshutt Plow Co
7%
Jan
Jan
Jan
9%
•
Co
5%
Jan
103
31
...
$7 preferred series A.
$0 preferred series B
5
City Auto Stamping
City ft Suburban Homes.,
Jan
■;.s 7'A Jan
Corp
Eastern
1
Chief Consolidated Mining
Cities Service common
Claude Neon Inc
2
20%
100
Voting trust ctfs
Clarostat
6%
20 %
,
...
Jan
Jan
—
y
common
Jan
17%
16%
Jan
5
10
common
Controller
4% Jan
•
Cherry-Burrell
common
Chesebrough Mfg common
Chicago Rivet ft Mach__
Chicago ft Southern Air Lines
Clark
Jan
5&
7%
__
Central Power ft Light 4% pfd—..100
Central ft South West Corp
5
Charts Corp
3%
100
3%
•
common
2,900
10%
Durham Hosiery class B common
3%
3%
,
Cessna Aircraft Co
17'A
30%
5B
ft Chem Co Ltd—
Driver Harris Co
100
Century Electric Co
33'/a
Jan
Dominion Textile Co Ltd common..
%
20
Chamberlln Co of America
l'/a
Jan
3
•
Jan
12 'A
1%
•
Conv pfd opt div ser
Conv pfd opt dlv ser 1929
Jan
Jan
Jan
30
70
6
-1
11'A Jan
.
—
{Central States Elec 6% preferred.. 100
7% preferred
100
Jan
2%
30%
_1
A
22 Va
•
preferred
Jan
13'A
Jan
Jan
£1
ord reg——
common
Domestic Credit Corp class
Dominion Bridge Co Ltd
Jan
11%
400
Central Maine Power Co—
3.50%
6V1
Feb
2%
Distillers Co Ltd—
Feb
6,600
1%
B
Central Ohio Steel Products
Jan
12%
Jan
BOo
11
50
1
Catalin Corp of America
5%
250
500
32%/
5%
31
•
20%
800
1,300
1%
*
& Co.
2,500
Jan
11 %
12'A
1
Carter (J W) Co common
Casco Products common
6'A
14
1
Diana Stores Corp common—
2
£i~
Amer dep rets B ord
Jan
•2Va
"e
6
1
Jan
25a
ord
Jan
6
2%
Devoe ft Raynolds class B
9
22
-is
.1
A
7%
Jan
16%
5%
8
Detroit Steel Products
Jan
3,200
11
2.50
rets
Feb
102%
10
Jan
22 %
1,100
10 Va
20%
1
Carolina Power ft Light $5 pfd
Carr-Consolidated Biscuit Co
Carreras Ltd—
6%
5%
Derby Oil Co new com
Detroit Gasket ft Manufacturing
Jan
Jan
2
125
22 /4
11
12 %o
common
Feb
1,100
13
2%
-16%
100
debenture
22 %
500
991/.
20%
voting.———
non-voting...
,.*
—
Carnation Co
Feb
Jan
1
10o
35
50c
B
Dayton Rubber Co class A
Dejay Stores common
Dennison Mfg class A common
4%
•
Carman ft Co
3%
41 %
Jan
1
Day Mines Inc
£0%
8%
2.50
Marconi
Jan
Feb
3%
33
1%
2.50
common
Jan
1
Canadian
Feb
%
30
2.50
Jan
•
Capital City Products common
Carey Baxter ft Kennedy Inc
5%
...»
Mills
Hosiery
13%
17/
44
41
001/
22 '4
10
Caiif Cotton Mills Co
——.—5
California Electric Power
Class B
Jan
D
Davenport
2%
1
Canadian Industries Ltd—
1% preferred
Jan
5
15%
2,500
_•
•
15
0
—
Cable Electric Products
common—BOO
Cables ft Wireless—
Class A
Jan
8%
6%
12%
common
Jan
2.50
common
A
5%
-8
Lighting Inc common—
Curtis Jtffg Co (Mo) ———
Feb
—
I
preferred
Canadian Industrial Alcohols-
600
9,500
.100
1,000
201/2
—
—lQ
Convertible
40
Jan
14
1
6%
"5%
Atlantic Sugar common
Tobacco
3%
7/a
6%
Duke Power Co———...
6%% preference.Canadian Canners Ltd
100
36%
33
il
10
13%
<
Canada Cement Co Ltd common
42
3%
Va
33
-2%
Detroit Gray Iron Foundry
Callite Tungsten Corp..
Camden Fire Insurance...
Canada Bread Co Ltd
'5%
Jan
Feb
Jan
6
—
203/8
—
*
Calgary & Edmonton Corp Ltd
15%
B
100
14 /2
—
10«
American dep rets 5%
pfd
Calamba Sugar Estate
4%
15%
.250
13%
13
—
£1
Burd Piston Ring Co
Burma Corp Amer
dep rets
Burry Biscuit Corp
Butler (PH) common
2%
13 Va
t7<r
partic.
"A"
common
Davidson-Brothers
£1
Bruck Mills Ltd class B
Buckeye Pipe Line
Bunker Hill ft Sullivan
Jan
12'A
J6
1
preferred—
8%
Brown Rubber Co common
Bruce (E L) Co common
2%
12%
Jan
7
Feb
2,600
4%
6%
16 %
*
Junior pfd
Jan
Jan
—
■
■
Jan
28 Va
Feb
17
British American Tobacco—
I.
13%
Feb
*
Curtis
330
*
Amer dep rets ord
reg
British Columbia Power
class A
Class B
'
1
Brown Forman Distillers
Jan
27%
1
preferred
Cuban
74
21
*
British Oelanese Ltd—
12%
200
—8
Petroleum
Brewing Co
Jan
33
Jan
800
JE1
(ord reg)
dep receipts
American
Jan
32 /a
_•
Amer dep rets ord bearer
Amer dep rets ord
reg
IV2
Courtaulds Ltd—
7
Feb
70
1
British-American Oil Co
Jan
13%
1-1
& Co
Cent Petrol (Md)
—
•
—...
l'A
.—1
Crowley/MUner
•
Brillo Mfg Co common
Class A
700
28
lie
Crosley Motors Ino
300
10
Jan
•
Bridgeport Gas Light Co
Bridgeport Oil Co
3'A
13%
40%
5%
Jan
2B
Brazilian Traction Light ft Power
Breeze Corp common
Jan
.
27%
40%
10 Va
73
100
3
Feb
13%
..50
Jan
,
2%
—
9V2
28
convertible preferred
5%
Feb
1L/
z•*,.
J?;2 ,®/3
--
1
Blumenthal (S) ft Co common.——*
(H C) Co common....———*
1,900
l'/i
l'A
1%
5%
35 Va
< /«
Jan
400
3.,
5 Va
Jan
—
Bohack
5%% prior cum pfd
Borne, Scrymser Co
Bourjois Inc
3
1—1
26%
--
3
—
3
,
5%
°/a
—
1
common
Jan
58 %
1
Reynolds common
5%
—
Blrdsboro Steel Fdry ft Mach Co com.*
Blue
Feb
7%
*
Crystal ;011 Refining common.——
common——
30%
Jan
62'A
Co
preferred class A
10 %
—
Convertible preferred—————*
Blauner's
Jan
7%
113%
Inc
125
*4?
—
..——
common
28%
200-
Jan.
•
400
»*
1/2
1
Benson ft Hedges common—'•
Blckford's Inc
25
7%
109
.10
■—
700
6,,
p£r
--
Jan
96%
\—
&3,
7,
4 V»
320
1
Cornucopia Gold Mines
10V2
inv.
Feb
8%
Jan
8%
15
100
153/8
'j
—
1
common
Tel of Canada common
Benrus Watch Co Inc
15V
1
4
3,000
•
—
1,000
30%
Cosden Petroleum common
Barlow ft Seellg Mfg—
$1.20 convertible A common
Basic Refractories Inc
Bell
4%
bl V2
Corp
Distributing Co
Range Co
36%
4%
18,400
5%
5%
Feb
Cooper Brewing Co—
Name changed to
Corroon &
.
0/8
40%
•
Jan
35%
50
35%
7 A
1
Jan
112% 113%
—
——
Jan
Jan
35
—1
Utilities
Gas
Liquidating Corp
Consolidated Mining ft Smelt Ltd.
Consolidated Royalty Oil
Coro
shares
4'/a
100
preferred series C
Continental Car-Na-Var
Banco.de los Andes—
Barium Steel Corp—.—
Jan
Jan
23
21%
Cooper
W
3%
2,600
10,650
:
60%
60%
Consol
6
Locomotive—
preferred
4'/2
100
series B preferred
Va %
Jan
B
49%
Jan
—
—
—•
—
Jan
4
7%
Consol G E L P Bait common
Jan
4%
Cook Paint & Varnish Co
Baldwin
200,
30%
—1
Continental Fdy ft Machine
Babcock ft Wilcox Co
High
6V2
,5% Feb
Compo Shoe Machinery—
51
300
3,200
40%
4
Commodore
Feb
3
--
4
39%
%
'
4 Va
-I20
20%
13,300
2,100
~3%
Low
6%
3%
—1
Range Since Jan. 1
High
37
Feb
7%
Jan
7
Shares
5%
Manufacturing Co
Colt's
for Week
4%
Colorado Fuel ft Iron warrants
too
50
7%
10%
7%
9%
7%
•
B
2B
S
7%
475
—
5A
19
Airlines.
200
^
"/8
20% 21
3
3
5%
warrants
Plywood Corp
Colonial
r
--
Corp
Jan
4,500
7%
»
113%
--
-
18,4'
20%
1
50
Atlantic Coast Line Co
Atlas
--
175/a
•
A—•
Fisheries.
Coast
<
—
Low
5%
1
Jan
Sales
Range
of Prices
Sale Price
Par
113'/a
20
_
African dep rets reg
of America
Associated Laundries
Associated Tel ft Tel class
STOCKS-
LowHigh
113% 113%
—
Week's
/
Last
■
New-York Curb Exchange
Range Since Jan. 1
Hio*
Low
For
.
for Week
Shares
1mi»
of Prices
-
EXCHANGE
ENDED FEBRUARY 4
Friday
Sales
Week's
Friday
STOCKS—
FOR WEEK
RANGE
Monday, February 7, 1949
FINANCIAL CHRONICLE
CURB
YORK
NEW
,
&
1 A
8
28 A
—
--
3%
3%
1,700
l A
1
4,400
8
28 A
8
100
29 A
—
--
44 %
14/2
3 M
3 /s
2Vt
3%
Jan
1%
Jan
2
Jan
8
Feb
8
28%
Jan
32
5%
Jan
100
11%
Feb
1,000
3%
Jan
1,500
5%
12
4'A
Feb
Garrett
Jan
Gatineau Power Co common
Jan
5%
Corp common
Gellman Mfg Co
Jan
General
Allovs
common
Co
10%
10%
500
10%
Jan
13
Jan
92 Va
92%
20
88%
Jan
92 Va
Feb
C
Jan
6%
Jan
"l%
"l'/a
200
1%
Jan
1%. Jan
•
100
preferred
Jan
2
1
*
COMMERCIAL
THE
Number 4775
169
Volume
YORK
NEW
RANGE
6%
General Electric Co Ltd—
-
3%
23/2
—
—
6% preferred series A
General Fireprooflng common
6
....
•
100
•——1
Plywood Corp common——50c
Public Service $6 preferred—*,
General
Outdoor
General
Adv
Phoenix
General
General
8%
'
Corp___
1
•
17
common
Gladding McBean & Co
Jan
8%
Jan
L'Aiglon
5%
Jan
6 %
Jan
Lake Shore Mines Ltd-
400
7%
Jan
8%
Feb
700
33%
Jan
35%
Jan
Lakey Foundry 81 Machine
Lamson Corp of Delaware
1
Inc
3
25
—
•
21%
I
6%
I
Jan
95
Jan
115%
Jan
Le
100
'
9%
~5
Jan
Feb
17
18%
Jan
Jan
10 %
Jan
1,800
22%
Jan
27
Jan
2,000
20
Jan
21%
Jan
10%
300
10%
Jan
11%
Jan
14%
500
13%
Jan
14%
Jan
1%
Jan
2%
Jan
Jan
43
Jan
23%
Jan
24%
Jan
74%
Jan
78
Jan
—
—
%
7,000
%
Jan
52 Va
52%
20
52%
Jan
4%
__
•
58%
400
pfd—29
9
—_1
8%
Loblaw
—
stock
new
142
Jan
8
8%
109% 111%
111%
750
38%
8%
8%
36%
200
103% 104%
—
200
—
—
Hoe
-
8%
105
2
~2%
200
1%
2
200
5%
6%
6%
Jan
11%
i
X50 %
4%
12,000
2%
11
2
Hurd
5%
87/a
Huyler's
900
6%
Jan
11%
Jan
8%
8%
9%
95
95
96
"e
6
6
.
V;v.
8%
Jan
10
26 %
19
~9%
Jan
96
9%
70
3
6%
100
43%
Jan
48%
2,100
9%
Feb
10%
3%
300
3
3%
Jan
31
40%
Feb
40%
9,600
450
78
Jan
82 Va
72 V4
950
68
Jan
72%
Feb
17%
18%
9,700
17%
Feb
20%
Jan
Feb
40%
40 %
25
30%
30%
30%
1,200
20%
20%
20%
100
75%
5,200
3%
200
30%
144
Jan*
Feb
31%
x72
x72
3%
3%
47
47
5
Feb
79%
3%
Jan
Jan
47
6
Jan
•
Jan
•
Power
Mfg
II
Shovel
9%
class
B
•
A
preferred
Jan
Refineries
Wohl
Co
convertible preferred
Jan
Feb
10%
Jan
Jan
4%
Jan
Morris
11%
11%
11%
900
10%
Jan
12%
Jan
Mountain
10%
Jan
10%
Jan
shares
International Products
88%
Jan
923/t
Jan
108% 110%
1,400
104%
Jan
110%
Feb
400
10%
Jan
11 %
,
Jan >
:
IB
-i
10
'"•■■•
''
'
.
*
Jan
25
22
Feb
22
Feb
li
Jan
11%
10%
300
3?/4-
8%
10
9%
100
13%
2,600
1%
100
16%
300
16
3%
3%
li
4a
1
8%
common
States
Tel
&
Tel
Sulphur Co
Jan
1
Jan
14
Jan
v
Jan
1%
16
200, -'••Z3%
300
5%
6
300
1
common
5
5
500
Muter
Company
•
1%
Feb
17
National
7 %
pfd
Co
Jan
1%
Jan
3%
5%
Jan
Jan
7%
common
Hess
common
preferred
Kimberly-Clark
«u,«
3%
6%
Jan
Jan
common
National Radiator Co
Kings County Lighting
4%
cum pfd (new)
King tieeiey Corp
Kingston Products
Kirby Petroleum
National Rubber
Machinery
Lake G
(new)4—*
Jan
5%. Jan
National Steel Car Ltd
4%
Jan
National Transit common
20%
Jan
National Union Radio
(Herman)
2%
Jan
•
>23%
Jarw-
24%
Jan
"
5%
Feb
20
124%
Feb
91/4
126
Jan
20%
Jan
21 %
Jan
"2%
"2%
"2%
1,000
2%
Jan
2%
7%
1,200
7
Feb
7%
Jan
31%
50
Jan
32 %
Jan
•
7
7
313/4
"93/4
31%
Jan1
Jan
24
•
10%
Jan
93%
10
Jan
93%
Jan
24
Feb
25
Jan
9%
500
24
93/4
50
100
Jan
7%
7%
2%
;
1,200
6%
Jan
7%
2%
3,000
2%
Jan
2%
Jan
89%
7%
23/4
100
^
~2%
1
Jan
90 Va
Jan
~25/a
900
50
<■
100
Jan
99
'
173
173
•
2%
' Jan
2 3/4
Jan
Jan
168
Jan
Jan
Jan
176
353/4
•
Jan
37%
3%
Jan
3%
Jan
14%
Jan
"3%
700
13 Va
900
13
Jan
31%
•
"3%'
13
13
32V4
250
31%
Jan
z
it
Jan
Jan
33
102%
Jan
1033/4
Jan
21%
3
Jan
223/4
Jan
•
•
9%
9%
19
13%
133/4
11%
11%
26%
300
Jan
27%' Jan
10
900
9%
Feb
10 Va
Jan
13%
200
11%
Jan
13%
Jan
11% ■■■■■•
600
10%
Jan
12%
Jan
12%
26%
•
2.60
Jan
13
25
class
Co
Jan
New
Haven
Jan
12%
Jan
Jan
13
Jan
4% %
Clock
&
5
5
200
5
Jan
5%
3
2%
3
3,000
2%
Jan
3%
33
32%
970
31 %
Jan
33 %
Feb
34
Jan
34
Jan
A
Watch
275
7%
Jan
8%
Jan
100
9%
Jan
10%
Jan
New
Park
Process
Jan
N
Y
Auction
103%
Jan
104
Co_
—
Mining Co
Co
common
3%
4,600
3%
Jan
4%
Jan
N
Y
&
28%
400
26%
Jan
291/2
Jan
N
Y
Merchandise
15%
15%
15%
300
16%
Y
Shipbuilding
Honduras
'1,600
10
10 Ys
1,600
10
Jan
9%
Feb
11%
Jan
Jan
8
Jan
Jan
3%
Jan
Jan
4%
Jan
Feb
83/4
200
7%
_7%
"33/8
~3%
300
~3%
33/a
3%
25,800
3%
7%
7%
900
7%
400
153/B
Jan
9
Jan
Jan
~7%
—
10%
Jan
8%
3%
'
,
6
Rosario
83%
66 %
66
1%
1
25
1
*
53/4
10
Jan
Jan
6 Va
Jan
85%
280
81
Jan
87 Va
Jan
1%
800
'1%
Jan
150
534
Jan
Va
400
65%
Jan
6%
Feb
6
66
6 Va
6%
7%
1,800
1%
1%
1%
1,100
1%
"5%
28
—
28
11%
28
~8%
13%
200
Jan
Jan
75
—
•
10
163/a
6
6
84
Jan
Jan
400
16%
16
20
1
common
3%
4,200
Jan
Feb
8%
9%
Jan
1
HO
*
7%
20
33 %
10%
10
10
2
100
convertible preferred
Co
1%
i
5
10%
12%
Jan
5
1
3
England Tel & Tel
27%
8%
,
2%
Jan
7%
Jan
Jan
67
8%
1%
Jan
Jan
Jan
75
Jan
8%
Jan
50
28
Feb
29 %
Jan
300
11
Jan
13%
Feb
15%
Jan
2%
2%
2%,
1,500
2%
Feb
16%
100
10%
10%
10%
1,500
10%
Feb
12%
Jan
Niagara
1
8%
8%
8%
36,200
Jan
8%
Jan
1,500
1%
Jan
1%
Jan
5%
1st preferred
100
97%
96%
97 Va
400
95
Jan
97%
Jan
10
Jan
5%
2d
100
95
9.3
95
170
92%
Jan
95
1
6
—1
Co
1
page
33.
1%
1%.
3
Jan
Jan
N
Founders
Corp—
1
shares
Hudson
Power
common
10
19%
19%
100
Jan
10%
10
1
Jan
19%
3%
1
Knott Corp common
*oback*T
Stores
see
4%
Jan
19 Va
1
12%
•
footnotes
Mur
New
3%
(D Emil) Co common
Kleinert
(IB) Rubber Co
For
14%
19 Va
16
19 Va
1
Klein
Brewing
Le
Jan
28 %
1
Krueger
Jan
16 '-v
Jan
75
600
15%
19 %
•
common
...50
Ltd
M Co
2
10,600
153/4
30o
Corp
1
,
5,700
10%
10
New
com
2%
—4
7%
104
Jan
2
Jan
10
New Jersey Zinc
New Mexico & Arizona Land
104
Jan
~6%
Feb
1
common
Jan
Corp—
100
7%
7
/
1
Mfg & Stores
10%
7%
Jan
Feb
6%
7
500
81/4
10%
1%
Gas
Jan
12%
I
Jan
Jan
8%
•
•
Fuel
150
12 %
•
St Co
nrpferred
Klrkland
124% 124%
3
Key Co common
(Walter)
100
6%
23
4%
50,000
•
Inc
Jan
•
Breweries common
4%
Nestle
6%
6
1
Bellas
Inc
Neptune Meter
'
600
10
Namm's
Jan*;..
-
Corp
National
K
5%
Jan
6%
2
■
6%
Jan
1%
N
Nachman
Ja»n
Jan
20
1
Jan
9%
Jan
BOe
Jan
Nelson
Corp
5%
Jan
1
100
common
4%
•
Co
Jan
7%
200
8
~6%
5
Jan
"V- 13
,100
1
Preference
5%
600
1%
'
National Pressure Cooker
3%
400
9
6%
~6%
5%
1
National
3%
Jan
Jan
47
8%
National Mallinson Fabrics
1
4%
Jan
Jan
1
10
Vernon-Woodborry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common
National
common
Jan
5%
5%.
Jan '
400
l%
'*
Jan
4%
Jan
Jan
Jan
109 Va
Jan
Jan
3,200
1
6
Feb
13%
16
.1 •
53
10%
A
1
13%
Jan
10%
10
■
.
47
10%
8%
10%
_•
400
Jan
2
Jan
Jan
>3%
2,000
3%
lOo
Mt
8%
10
Royalty
Corp of America
Producers
Mountain
200
•
International Safety Razor B
International Utilities common
Plan
Mountain States Power
shs.
1%
10#
4.80% cum pfd series B
Monroe Loan Society com class A
Hydro-Electric—
coupon
pfd™
cum
92%
-
45
1
Jan
22
8%
15
109
3%
3%
1
16%
>•■•.
400
•
Minnesota Power 81 Light 5% pfd
Missouri Public Service common
Jan
22
1%
50
Mining Corp of Canada
14%
22
1%
50c
1,800
_•
Jan
1%
1
common
9
International Metal Industries A
15%
1,300
10
15
52%
Jan
Jan
8%
50c
Co
14%
52%
Jan
Jan
9%
15%
•
common
Abrasive
Oil
4%%
Jan
Jan
18
Co
dividend shares
15
30
-V32%
8%
1
L__
•
Preferred $3.50 series
Feb
Corp—
Midwest Piping & Supply common
Miller
Jan
2%
c
West
Mid-West
Jan
3%
i:
Jan
t
v
Jan
11%
Jan
30
25
15%
1
16%
11%
Jan
Jan
36%
8%
10
Feb
11%
Jan
17%
15V4
•
14%
110%
1%
Jan
100
1
5,200
_•
Feb
35%
2.50
15
10
1
15
13
t c
Jan
1,100
25o
v
Jan
6%
3,200
30
30
30
1
Corp common
3
1 Va
100
Co
Jan
19 Va
.
j5% Jan
Iron
Midwest
Feb
17 Ve
1
15%
16%
1
Mfg Co
Chapman & Scott Corp—
14%
International Cigar Machinery
Jan
1
14%
91%
6%
»
Co.
&
•
pfd
6%
100
"l
1
__3
Dredging
Mid-West
Feb
8%
300
Feb
6 »/4
8%. Jan
Jan
2%
•
& Co
Johnson
18%
200
10
preferred
(AG)
7%
400
2%
7%
~2%
1
,
18%
2%
•
common
700
18%
7%
10
common
Co
Montgomery Ward & Co class A
Moody Investors partic pfd
Insurance Co of North America
Kldde
8
Jan
38
Mldvale
Feb
4%
8%
£1
Kansas Gas St Electric
300
14%
Jan
$2 non-cum
Jan
22%
Jan
Jan
2%
16%
100
18
43
2%
'
£1
92%
Kennedy's
Jan
•
Midland Oil Corp $1 conv pfd
Midland Steel Products—
-
Jan
20
225
"
L00
Kawneer
13
38
Ex-distribution
Industries—
St Ireland
Kaiser-Frazer
xl3%
Feb
Middle
Jan
21
43/4
—.
*18
108
2%
200
22
.
Jan
Jan
X72
>
1O0
3%
3
__
3
registered
Kokenge
1,000
113
Feb
33%
Feb
Jan
Class B
Jan
20 Va
125
47
22
•
Indianapolis Pwr St Light 4%
St
113
113
113
common
preferred
Mlcromatic Hone Corp
Middle States Petroleum class A
Jan
107%
J
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
Julian
10
8%
pfd
tifc
Feb
40%
5
common
Jim Brown Stores
•fig Jan
Jan
74
82 Va
70
Jan
4.40%
Jefferson Lake
%
%
80%
17%
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common
Jan
1
Jeannette Glass Co
Jan
%
Corp
Monogram Pictures common
Monongahela Power Co—
Investors
Jan
9%
70
Molybdenum
Registered
24%
Jan
8%
Jan
45
warrants
International Petroleum
Jan
8%
82
Participating preferred
Jan
171/4
Jan
•
„
International
21%
500
14
Service
Metal Textile
Jan
Jan
•
Co
7,400
9
12 Va
6% %
Jan
Jan
Jan
B
rets
24
Jan
Mesabl
Jan
16
100
29
29
5
Jan
Jan
8%
"
Warrants
Jan
Feb
10%
9%
3%
300
28%
Refining—,
dep
-
23%
23%
Jan
Jan
6
4
30
Va
48%
48
48%
"
Jan
24'/a
24%
Jan
Jan
Jan
Jan
44
St Mfg Co
A
Refrigerator $2.25 pfd
Zinc
26 Va
Jan
22%
Jan
Mfrit.t
Jan
Jan
93
.
100
common
Amer
900
Jan
13%
Menasco
8..>: Jan
12% Feb
~9%
50
400
■'4^ >"141
1st Conv prefwrreil
Hydro-Electric Securities
Hygrade Food Products
Illinois
Jan
10%
Feb
1,600
_•
Inc common
Imperial Chemical
Jan
7%
1
Mead
Jan
15%
7%
15
stock
25 Va
10
McWilliams
Jan
Jan
Jan
•
common
Lock
Common
12%
Jan
7
Jan
3
McKee
Jan
Jan
12%
"9%
_•
Co
preferred
Hussman
Jan
Feb
25 %
13%
Public
$2.50
Jan
69
•
"9%
&
Horn Si Hardart Baaing Co
Horn St Hardart common
St
11%
Xl2
x!2
23%
convertible preferred
McOlanahan Oil Co common
McCord Corp new common...
Jan
•
(Harvey)
800
5%
Jan
Jan
6%
~8%
17%
Jan
12%
10
common
Oil
32%
International Marine
Communication Co Ltd
Jan
8%
1
New common
«■*>
Jan
(The B) Co
Mapes Consolidated Mfg Co
Jan
73/4
1%
100
Inc
Humble
Jan
22%
Manlschewitz
'
Hubbell
13
Jan
Co
*
Jan
2 •;..••• Feb
200
15%
5
14%
1
St
Jan
21 Va
Chain
Mangel Stores
Jan
Jan
16%
200
17%
1%
100
w
w
common
Holly Stores Inc
(Geo A)
10 Va
300
Co
•
Holllnger Consolidated G M
H^mel
700
21%
Marconi
—
.
48
.2
St Co class A
Horder's
11%
21%
M
Feb
.■'.'
Jan
6 %
500
6%
17%
17%
_•
common
common
Holophane Co
11%
21%
Maine
Jan
7%
3
A
(R)
11 %
Corp
McAleer
6%
25c
w
Feb
Macklntosh-HemphlU
Feb
38%
Jan
Jan
8
102%
•
——
142
Jan
139
60
142
37%
Jan
109
1
common
preferred w
%
Common ctfs of dep
7 % preferred A ctfs of
dep
6% preferred B ctfs of dep
Louisiana Land & Exploration.
Feb
140
•
Mining Co
5%%
A
4,200
Jan
875
—
I
...
4% preferred
Henry Holt & Co
%
Jan
Feb.
25
common
Rubinstein
Jan
%
Jan
7%
37%
_5
com_„
Hathaway Bakeries Inc
Class
10 Va
Jan
5%
5
Haseltine Corp.
Helena
Jan
Lone Star Gas Co.
(Texas)
Jan
11%
100
:
_*
Electric Light
Heller Co
9%
Jan
21
Groceterias class A
Lynch
5%
62%
Feb
1,500
•
Bridge Co Ltd
Dept Stores
200
"7%
Jan
7%
Brewing Co
1
Hat Corp of America B non-vot com—1
Heels
9%
1
Louisiana Power & Light $6
6%
Harvard
Hearn
Jan
9%
Inc
Jan
7%
110%.
•
Lamp Co
Rayon
6%
9%
Co
Massey Harris
Hartford
Feb
common
Steel
Marion
Hartford
6%
Longines-Wittnauer Watch Co_
Long Island Lighting Co—
H
Hammermill Paper
100
8
(RG)
53%
9
6%
7%
5
Gypsum Lime & Alabastine
Hamilton
Jan
22
200
Tea—
1%
1st preferred
100
Great Northern Paper
29
Grocery Stores Products common—25c
Gulf States Utilities $4.40 pfd
—100
Hall
Jan
6%
Class B
Locke
Jan
Feb
58
700;
41
8%
—
10
Pacific
—
58
50
conv
250
24
V2
%
1
common
Graham-Paige Motors 5%
Grand Rapids Varnish
Gray Mfg Co
—
„
23%
•
Gorham Inc class A
common
Jan
6 Va
6%
Corp common
I
Lipton (Thos J) Inc 6% preferred. —23
Brothers
Feb
J an
21%' 21%
Lionel
Lit
V
•
Goldfield Consolidated Mines
Goodman Mfg Co
Non-voting
Tourneau
Jan
8%
Jan
_ai
Monotype Machine
University
Lefcourt Realty commonLeonard Oil Development
Feb
Jan
~4
2,500
—
class A
St
5%
I
La Salle Extension
113%
7%
I
Lanston
Jan
5%
11'/a
Jan
8%
2,400
Jan
25%
21%
14
—
$4.50 prior preferred
Great Atlantic
8%
Jan
41%
—
-
Mfg
7%
Jan
■
Gorham
7%
~1
13%
Jan
Jan
5
4,800
3%
10%
20%
>
—1
common
Godchaux Sugars
Class
B-
11%
4
102
25%
20%
25%
*
(Adolf) Inc
10%
Feb
Jan
95
,
—
2.50
Corp
Coal
Gobel
11%
2%
.
12%
100
5
5
5
1
Jan
101
1,000
5
Inc
3%
40
1,600
18
4%
High
Low
200
13
13
Company
Apparel
Line Material
17
Range Since Jan, 1
Feb
1,500
Shares
High
25
Glenmore Distilleries class B
Globe-Union
23%
*
:
Harvester
101%
3%
3
3%
2%
.
5
Gilbert
Alden
3%
Jan
115 % 115 V2
115 V2
Giant Yellowknife Gold Mines
Glen
Jan
—
•
*
Gleaner
3%
22%
8/2
35%
8%
...
Low
Jan
125
(r «Mk
**«•
of Prices
Sale Price
F«
2,100
Week's
•.■■Last
.
New York Curb Exchange
High
LOW
—
Georgia Power $6 preferred
IB preferred
:
(A C)
Gilchrist Co
6^
35
101
—
101%
3%
2%,
pfd
6%
Jfan. t
Laclede-Chrlsty
10
.
4
frit ay
--
6
1
FEBRUARY
STOCKS—
Range Since
*
dep rets ord reg
£1
General Finance Corp common—-—1
Amer
(627)
EXCHANGE
ENDED
8%
—
3%
22 /a
3%
Supply Corp com—1
preferred
23
CURB
WEEK
CHRONICLE
week
Shares
High
low
Builders
conv
of Prices
Sale Price
Par
General
fm
*»n«e
STOCKS—
New York Curb Exchange
FOR
FINANCIAL
Sales
Week's
Friday
&
Jan
11%
Jan
19
Jan
20
Jan
preferred
Class B optional warrants
Niagara Share Corp class B com
16%
16%
16%
7%
Jan
A
1 6
1,500
A
9%
9%
93/4
500
9%
8%
2,400
734
Jan
300
93/4
Feb
6%
Jan
7%
Jan
^les-Bement-Pond
*
8%
8
12%
Jan
12%
Jan
Nineteen Hundred Corp common
5
93/4
93/4
10
Jan
Jan
Feb
%
Jan
93/4
Feb
Feb*
A
3
17%
93/a
11
Jan
Jan
31
ENDED FEBRUARY
WEEK
FOR
RANGE
EXCHANGE
CURB
YORK
NEW
Monday, February 7, 1949
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(628;
o**
4
Range
Sale Price
of Prices
Nlplssing
Nurcn
Norcu
33%
Feb
33 '/a
34%
300
33%
Feb
1%
1%
1,100
1%
Feb
.14%
Jan
2%
Jan
'' North
Northern
Aircraft
Norcnrop
1%
Jan
Seeman
15V8
Jan
;
Segal Lock <& Hardware
Bros Inc
Jan
102%
Jan
8%
Jan
9%
Feb
$5.50
3,500
8
Feb
11%
Jan
Allotment
100
15
Jan
15 %
Jan
101%
pfd. .100
20,700
9%
8%
%
9
8
luc
15%
15%
Corp
Novadei-Agene
Corp General
.
-2%
;
Inc
Corp
B)
Radio
Sentinel
O
'
"
Ogden
Corp
Brass
Oaio
-
4% %
Power
•Omo
Natural
-Oklahoma
Pomdexter
Old
100
preferred
111
■'
Jan
112
Jan
Jan
Sherwin-Williams
Jan
14
Jan
1,200
19
Feb
22%
Jan
Sick's
100
19%
19
19
7
7
7
Jan
7 3/i
Jan
1
Jan
19%
Jan
1%
Jan
1%
Jan
Jan
Jan
163/a
Jan
17%
I 3,400
1%
Jan
1%
15%
Jan
'[[('
.
23/4
Jan
3%
Jan
1,200
17%
Jan
19%
Jan
100
73%
Jan
77
Jan
900
3
Jan
5
800
3%
Jan
4%
200
iua
Jan
li
Feb
4%
4%
3%
3%
U
%
ii
2%
20%
__
13 %
Jan
11%
Jan
ll3/4
Feb
1,200
3
21
Jan
23/8
Jan
3
Jan
__
19%
Canada
12%
200
4%
4%
Silex Co common
Shoe Corp
*
*
Publications—
convertible preferred
Jan
Jan
57%
Feb
4%
Jan
107
Jan
20
Jan
20
Jan
11 %
Jan
12%
Feb
Jan
4%
Jan
106%
10
•
of America class A
Breweries Ltd
Jan
14%
100
54
__
21
Jan
53
1,300
Jan
13 %
1,600
57%
106% 106 %
5^%
Jan
13
200
11%
2%
20%
Jan
100
13
13
11%
12%
common
Jan
16
4,500
3%
5
•
1
25
100
preferred
4%
Sherwin-Williams of
,0 oktep Copper Co Ltd Amer shares
Securities
Feb
9
14
1
Overseas
44
Jan
8%
3,300
common
Water & Power
Sheller Mfg Co
Jan
37
3,500
44
40
9
•
Inc
Omar
39
Jan
*
__1
Otiver United Filters class B
j
Jan
107%
42
13
Gas
Distillery..
35 %
80
Jan
17'/a
100
400
4%
1
—*
Shawinigan
125
38
38
28%
400
1
Shattuck Denn Mining
2 %
110% 111 %
•
common
Feb
•.
1
1
common
Jan
2%
Jan
38%
2 %
2'/8
50c
i
common
Co class B
Leather
Seton
2%
800
26%
2%
18-%
77
23/i
17%
76 %
...
High
Low
1,000
...
Serrick Corp class B
"'
2%
17%
Range Since Jan. 1
Shares
1%
l3/8
fY/— ' Y*.s—i;,Y
1%
5
Control
Safety
8entry
17%
certilicates
(R
Semier
...
25
stock—
prior
17%.,
1
oeioy; snue
Jan
Sales
for Week
Low High.
26% 28
17% 13
1%
1%
16% 17%
__
1
•
Selected
(Minn)
Power
States
common
Securities
.50
Pub Serv fy%
Indiana
Co
Jan
37
.
Co
RR
Penn
Steel
%'■'<
25
•
1
*
Manufacturing
bcullin
':/!;"^'I',';//:Par
Co
x_;
Industries Inc common
Convertible stock
GOO
2%
2%
...1
Airlines
Northern
—8
Oil
Texas
Central
Norm
Nortneast
Scovill
Jan
37%
200
Securities..
Utility
American
Jan
Jan
35
Class B common
i-,.,.
%
33%
class A
Rayon
American
%
%
—5
Mines
1,200
78
%■/
High
Low
Mia*
Low
Par
Range Since Jan. 1
Shares
Exchange
New York Curb
Range
of Prices
Last
Sale Price
STOCKS—
for Week
Cast
Exchange
New York Curb
Sales
Wwk'i
Friday
STOCKS—
Week'.
Friday
'
4
Simmons-Boardman
$3
Pattern
Simplicity
Pacific Can Co
5% %
*..
.
preferred
1st
Public Service
41.30
1st
Eiec
Power
Traffic
&
Penn Water
Pep Boys
233/4
100
24%
35,800
3
Feb
9%
24.800
8
Feb
11%
Jan
100
16
Jan
17
Jan
24%
l
13%
14%
200
13%
Feb
15%
Jan
80
Jan
80
Jan
45%
•
50
45%
44%
Jan
45%
Jan
24%
Jan
24 %
24 %
24%
200
28'%
28%
28 %
100
28
Jail
28%
734
Jan
A
7%
734
9,400
1%
1%
2
1,000
1%
Feb
2%
Jan
I%
Jan
2%
Jan
~~~2
105%
5
Jan
225
103% 104%
—
100%
Jan
4%
"loo
pid
Jan
50
'
34%
37%
3%
100
1
Peppercll Mfg Co (Massj—IIIimi-20
Corp:
^
56
Pharu
50c
"3%
~3%
~3%
•
11%.
11%
11%
IIIIIIIII*
I
III •
8%
8%
83,8
common
common
Phillips Packing Co
Governor
Pinchln
comriirn
Johnson
Ltd
Amer
Piper Aircraft Corp
Pttney-Bowes Inc
~~
Pittsburgh
Pittsburgh
Lake
&
3,900
3%
Jan
600
11%
Jan
Polaris
Scale
Mining
6%
'■
67%
5
23%
common
Metals
Producers
Corp
".v~ Public
Service
4%%
IIIIIII
Puget
•0M
Sound
*5
prior
I
v
s
i
2%
11%
$7
Jan
Jan
37
69 '/<
25%
Jan
25
11%
Jan
12%
53%
5 %
1,600
5%
Jan
5%
Jan
8
8%
700
7 %
Jan
8%
Jan
Jan
13%
Stein
Jan
95
95
95
70
94
Jan
95 %
37%
37%
50
34
Jan
38
Co
'
'-'
i
Sterling
"l%
1 %
1%
Stop & Shop Inc
Stroock (S) & Co common
83.8
Jan
Jan
11%
Jan
Jan
1%
Jan
%
Jan
Superior
10 %
Jan
Superior Tool & Die Co
Swan Finch Oil Corp
1%
2,800
8
125
99% 100%
,
Feb
9%
100
8
8
100
Jan
95%
Jan
8
97%
98 %
75
94 %
Jan
98 %
500
1!)
Jan
21%
Sunbeam
Sun
100
10 %
Feb
12 %
Corp
Ray Drug common
5%
5%
Jan
5%
Jan
5%
10
89%
■:
Portland Cement, Inc
~
Raymond Concrete Pile
Regal
Shoe
Rels
360
91%'
87%
200
148'%
Jan
92%
Jan
Jan
85%
148%
Jan
145
Jan
Inc
common
pfd
Light 7%
&
Powei
Reliance
Rice
Stix
Dry
Richmond
Rio
xl4%
'Texas
Poeser
■
Tllo
Y
Jail
Amer
Jan
Jan
Jan
26
300
v
33
Feb
37%
Jan
Jan
53%
Jan
1%
4,000
63/8
Jan
.7%
Jan
5%
600
5%
Jan
5%
Jan
20%
Jan
~33/s
"5%
700
3%
Jan
3%
1%
300
1%
Feb
1%
1,175
17%
Jail
21%
25%
23%
Jan
253 4
2%
1,200
2%
Feb
2%
Jan
2%
2
91%
93
3,900
140
93
—
—
—
£1
5
Corp
Oil
Co
Fifth
1%
Jan
Jan
89
"s%
1%
100
~4%
4%
4%
1,900
31%
31%
33
1,000
Tishman
30%
7
7%
400
•
Aeronautical
24
24
24'%
650
19%
10
10
10
300
10
Tobacco
Petroleum
Tonopah Mining of
Tri-Continentai
warrants..
Tung-Sol Lamp Works com
80c convertible preferred
of
Jan
93
Feb
Savoy
United
27
Jan
Jan
"9%
Jan
4%
Jan
Oil
Inc
(Del)
...
25c
__1
Schulte
(D
A)
For footnotes see page
_
33.
1
7
Jan
33%
Jan
7%
Jan
Jan
24%
Jan
—
United
Light
United
Milk
4%
5%
2,900
4%
Feb
s5%
Jan
4%
1,400
4%
Jan
4%
Jan
11%
40
....
Preferred
11%
34% 41
3 %
Jan
17
Jan
Jan
Jan
17
10%
Jan
Jan
30 %
Jan
1%
Jan
1%
Jan
Jan
1%
Jan
Jan
Jan
7%
Jan
2%
Jan
3%
Jan
Jan
2%
3%
9%
29
Jan
122
Jan
Jan
2%
Jan
80
67%
Jan
71
aan
23%
Jan
24%
Jan
14
Jan
15
Jail
700
200
5%
Jan
6%
Jan
800
%
Jan
I'/h
Jan
Jan
4%
Jan
11'/a
Jan
12%
Jan
li
Jan
4
1,100
25
143/4
2%
10%
1
jan
200
10%
Feb
50
10 %
Jan
Jan
Jan
13%
33%
2,250
Feu
41
Jan
5%
Jan
5%
Jan
143/4
Jan
15%
Jan
100
2%
Jan
50
15
—
,
11%
10%
Feb
250
—
10%
23A
—
Jan
3
10%
Jan
500
a
11% 1 11%
11%
Jan
11%
Jan
Jan
27%
Jan
Jan
12)8
Jan
10%
1,800
Y
Jan
121
20
128
123
128
128
Feb
% 17%
Jan
16%
■
16%
400
16%
Feb
13%
16%
■
11%
26
—
27 3
26%
26%
13%
600
11
Jan
13%
Jan
Jan
10%
Jan
10%
10%
10%
700
10%
12%
12
900
12%
Jan
13%
Jan
12%
53%
53%
220
52
Jan
53%
Jan
6%
(G %
100
5%
Jan
6%
Feb
60
100
2
: m—
jt
' Y——.
Y
.•
•59:l/4
1%
"
2
Jan
1%
Jan
—
"
Jan
Jan
98
Jan
Jan
in
3%
Jan
4%
2% Jan
2%
Jan
Jan
24%
Jan
IS
3%
100
2%
2,900
—
—
2%
%
...
—
Jan
Jan
60
91%
2%
2%
Y
50
33A,
%
13
Jan
•'
1,300
_
3%
'
— — —
%
55%
900
97
97
—.
•
—
;r.
__
T
60
dep
rets ord regis
& Canal
RR
United
com
preferred
Shoe
Machinery
7%
7%
1,000
7%
Jan
8%
Jan
18 VB
18%
700
18%
Feb
19%
Jan
Vb
10%
5,500
8%
Jan
10%
Jan
United
1%
Jan
2%
Jan
U S Air Conditioning
common
Preferred
Snecialities
2
2%
400
2%
2%
100
1%
Jan
23a
Jan
3%
3%
200
3%
Jan
3%
Jan
U
common
U S Foil Co class B
—
1%
1%
4.100
1
%
Jan
•
24
Jan
Jan
6%
6%
300
6%
Jan
7%
Jan
10%
/ '
10%
10c
5
*
4
10 %
500
9%
Jan
11 %
Jan
1%
2%
1%
Jan
•
10
7
S
and
1st
Corp
International
preferred
with
Securities
warrants
100
1
Jan
1%
Feb
2%
400
2%
Jan
3%
Jan
2,000
7%
Jan
83/8
Jan
%
Jan
6%
Jan
97%
Jan
57
Jan-
100
92%
54%
3%
96%
Jan
54%
50
54%
Jan
3%
800
3%
Jan
3%
Jan
39
r.
6,300
w
Id
3%
Jan
Jan
39
Jan
Vfi
Jan
28%
250
28
Jan
29%
Jan
23
1,000
19%
Jan
21
20%
20 %
Jan
20
23%
22%
24%
18,600
21%
10%
10%
125
•—
Jan
24%
Feb
10%
Feb
10%
Jan
20
Jan
20 %
Jan
4%
4%
~i
50%
48%
39
39
8%
50%
200
4%
Jan
4%
Feb
300
lo
Jan
1
Jan
7%
4%
100
25c
25
1
10c
1
*
6
96 3/,
•
•
10
25
8 %
—
*
100
50c
•
1%
2%
7%
United Molasses Co Ltd—
2
1%
Jan
1,100
11 %
14%
mil
& Railways
Products common
9
—
Feb
2%
10%
t
United Gas Corp common
10
Amer
—
21%
11 %
10%
1
Chemicals common
United Corp warrants
United Elastic Corp
Jan
.
,
Jan
2
14%
6%
IVb
43/4
__
1
United
Feb
4%
1
Jan
19 %
2,200
4%
Union Oil Co of
9%
Corp common
Jan
8%
—
700
Union Investment Co
2%
4 %
Salt Dome Oil Co
Jan
%
Jan
13/a
2%
—
—100
Canada
Union Gas
6 3'4
.
Jan
U
Jan
T%
Jan
4%
Jan
900
11%
5a
Corp.
Cnemical Corp
5%
18%
Jan
2%
6%
__
4%
20
Ulen Realization
500
49
Jail
Jan
39
Feb
2%
300
3%
14
6
1
—
Inc
Trunz
6 %
_.l
Samson
Jan
70%
.
Corp.
Lux
Trans
10%
preferred..
35
1,600
__
69%
Nevada
United Profit- Sharing
conv
6%
100
2%
693,4
2%
£1
regis
Corp common
Toklan Royalty Corp
Toledo Edison 4%% pfd
United NJ
1st
Feb
100
9%
23/4
2%
Ltd—
dep rets def
6
1
<fc Haynes common
6
7
_•
dep rets ord regis
6%
1
*
Co
Consolidated
25%
1
Realty & Construction
& Allied Stocks
Feb
4
1
Ryan
Jail
1
Roofing Inc
Feb
~8%
1.25
common
Jan
24%
1123,1$
—
5
California—
$3.75 pfd series A
Union Stock Yards of Omaha
United Aircraft Products com
Jan
7
common
29 %
150
30
1%
«
Corporation common
Jan
24
'
5
Ltd
Ave
Feb
Jan
23
—
10
Inc
Field
Jan
28 %
2,900
17
Jan
2%
2%
*
common
Jan
29 %
900
17
Jan
%
100
25
25 %
100
for ord reg
Corp
28%
1,900
29%
1%
5
Unexcelled
common
Feb
Jan
200
x9%
Jan
20 "4
20
20 %
3
1
pfd F
Jan
x27%
x283/4
Jan
1%
3%
•
Ryan
Ryerson
243/4
12
5%
III
t c
v
rets
(The)
Rovallte
17
6 3/8
6%
6.25
Electric Steel Co
Russeks
Jan
Ltd—
dep
Roosevelt
Rowe
•
3
Pendleton Inc
Cable
Rotary
IS Jan
Valley Gas Co—
Royce
Rome
Jan
53 %
5
Goods
Corp)
&
25%
333/4
33
Engineering
Rochester Gas & Elec 4%
Rolls
253/b
75
•
&
Vz
15,600
Jan
Radiator
Grande
%
Jan
1
Electric
41
300
29%
_
common.
"
Jan
Jan
1,100
x9%
II100
Todd Shipyard
%
10
Co
&
18
1,800
3
__
•
Co new common
Amer
Is
Co
(Robert)
Jan
Jan
T
Thor
15%
Bit Co
Roller
tteea
36 %
»"r
■
10
Readjing Tube Corp class A
3
—
'
:_n
Y $3 convertible preferred
Kavtheon Manufacturing common
Jan
700
7%
21%
1
Corp common
Tampa Electric Co common
Taggart
Thew Shovel
148
•—
6%
20
7%
15
Tobacco Security Trust Co
common.
Jan
31%
%
25c
•
1
i
Jan
100
I
Packing Co
3%
16 %
2%
2%
2%
Jan
10%
Aadio-Keith-Orpheum option- warrants.
Railway & Light Securities—
Rath
6
36
Feb
19%
-10%
39%
3
—
Jan
100% Jan
-19%
98
•
comllll!•
Young common
Railway & Utility. Investment A
28%
25%
•
•
Corp
(Hugo)
Stinnes
Amer
iV*
29
1
Co common
(J B)
Stetson
R
»
Jan
3
900
.—
—
1
1
1
•
5
Inc
Jan
xl4%
■
Jan
8
200
x27% 28%
29
29'/a
28 % 29 %
25% 25%
6
6%
36
36%
1
com
new
Brewers
7%
»
;__100
--
•
•
common
10%'
100
8
8
Quebec Power Co
:
Corp
Inc
§Sterling Engine Co
Jan
•
preferred
B%
Corp
Aluminum Prods
sterling
Jan
37%
Q
'
3%
Jan
—
1
1
1
1
Canada
&
(A)
Sterling
Feb
12%
Co ox
oceei
Texas
V
Jan
%
•
(The)
Starrett
Jan
4%
13%
common
31%
3
7%
1
Standard Tube class B
Feb
Jan
Jan
Jan
1 %
1,000
10
1
Products Co
Technicolor
Oats
Jan
f,
B
class
Standard-Thomson
;t
"..Quaker
Jail
1°
200
%
3%
3%
3%
3'1% 32
—
.20
(Ky)___
preferred
Standard
Jan
Jan
20
3.800
Oil
Standard Power & Light com
Jan
Feb
....
$1.60 convertible preferred.
Forgings Corp.;
Standard
£5
-
10
Co
Brewing
Common
Jan
8
1
_
Puget Sound Pulp & Timber
Pyle-National Co common
.Pyrene Manufacturing
*
24 %
Light
preferred...
Jan
25%
Jan
37
__
—
..25
.25
25
25
25
1
5
•
Standard
Jan
66%
470
3
preferred
Power &
25%
5%
*
I
Colorado—
of
1,300
69%
23%
2I50
of Nevada.
cumulative
./
Jan
Jan
Jan
II
•
America
Providence Gas
Jan
8%
43b
.2.50
^Prosperity Co class B._
r.. ~
3%
12
3%
1%
12%
inn
93
Jan
2,900
4%
Jan
Jan
2%
200
1
III_IIIIl25c
of
9%
37
10
common
9%
%
3Va
9%
-•
2.78
Standard Cap to Seal common
1
Convertible preferred
—10
Standard Dredging Corp common
1
Feb
58
Jan
1,600
11%
08 3 4
1st preferred
Pressed
.
Jan
22
2
iu
1%
1—50
Pratt &: Lambert Co
Prent,9e"Hall Inc common
\...
1.
.J iif
11
^.. -. Powdrell & Alexander common
,i..
,.f?ower Corp of Canada common
.
300
50
Erie
Co
Jan
7
1
11
~Erie~RR
Metallurgical
Pneumatic
015
l
Pleasant Valley Wine Co
.....
Jan
Royalty Co
Standard
Jan
Jan
23 %
22%
22 %
2
Pittsburgh Bess & Lake
3%
9%
1
common
Jan
__
Stahl-Meyer Inc
shares
Pioneer Gold Mines Ltd—
preferred
Spencer Shoe Corp.—;
Jan
50%
1,600
58
55 %
41%
Jan
3
1,100
Rubber
Co
•
Pipe Line
Southland
Feb
34%
1,350
3%
34%
*
"
Jan
Jan
•
common
cum
Southern
7
—
preference
conv
4.32%
;
7%
i
conv
4.48%
Jan
Jan
cum
4.56%
Feb'
preierred
preferred
preference
original
Jan
Edison—
California
Southern
5%
Line
Pipe
Pa
Soutnwest
common
common...-.;
Oil
Penn
4.88%
23
warrants
class
South
Jan
23%
Power Co
&
33/4
Jan
3
1,600
I.11—25
Light 4%%
&
~3%
~3%
Manufacturing common
Soss
Jan
Co
Corp
South Coast Corp
Jan
""3%
Manufacturing
§Solar
22%
13%
100
•
1
1
1
1
1
12.50
1C
(Howard;
Sonotone
Jan
3%
Perfect Circle
Pierce
Jan
4
7%
236%
8 3/4
120
£ 1
Solar An craft Co
8
•
(The 1
Tire
243/4
Jan
Feb
6%
2,100
7
231
230
Jan
25%
230%
225
93
6%
6%
1
*
100
preferred
Paper Mills
3.90%
Smiui
300
II
Co
Philadelphia
Jan
24%
common
Cement
Penn
Jan
16 %
Jan
16
•6.-T
_II.IIII_._2
Corp
Pt;n«
Jan
96 %
24%
l
preferred
<to
Jan
104%
94
3
•
'
.-Penn Gas
32%
Jan
Jan
.
16
Corp.
Ltd
Peun-Dixie
9G
24%
8%
Telephone common
!<•■;• $1 cumulative preferred
Petiuruud
Jan
31
103%
100
16
3
Co
cum
100
953/i
"•
Peninsular
$1.32
400
31
Jan
36
5
Motors
Co
31%
104 % 104%
•
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Paticaa
Jan
*
com
8% Jan
Jan
333/4
(CA) Amer sh
Puncapec Oil
Paramount
7%
800
104 %
•
preferred
r'-'. Parker Pen
400
100
-Page-Hersey Tubes common"I~I
Pancoastal Oil (CA) vie.
•
8%
34'%
31
25
Lighting $5 preferred
Pacific Power & Light 5% pfd
Pacific
8'/a
333/4
8
pfdIIIIIl25
1st
i Pacific
^
V2
34 3/a
a
common
Pacific Gas & Elec 6%
•
•
common
Simpson's Ltd class B
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
Jan
7%
Jan
2.925
47%
Jan
52 %
Jan
40%
Jan
39%
270
37%
Jan
83k
500
8%
Jan
8%
Jan
1%
Jan
Feb
~1%
1%
1%
1,700
1%
14%
1.700
14%
Jan
Jan
14%
14%
14%
2 3/i
Feb
3%
Jan
Jan
77%
Feb
2 3/i
2 3/,
3%
5,700
77%
773/4
25
75
Volume 169
Number 4775
THE
COMMERCIAL
NEW
YORK
RANGE
Week's-
STOCKS—
Sale Price
Par
U
S
U
S
rin
Radiator
Rubber
ted
common
Reclaiming Co
Universal
Corp com
Consolidated Oil
Universal
Insurance
lo'
Friday
5 V2
5
>
~2
"2 '/a
Isarco
38
300
Jan
Jan
A
1
Feb
2%
Jan
A7s
Feb
37%
403/4
Jan
7s with Nov
Nov
ex
2'A
2%
22'A
100
Jan
Jan
1947
Jan
2%
Jan
McCord
Jan
22'A
Feb
Midland
21
26
coupon
1
_
Venezuelan
Venezuela
Vogt
5%
5%
5
Petroleum
1
Syndicate Inc
•
'80
5
1,400
4%
4%
2%
2%
12%
200
6%
Feb
68
900
12%
Jan
5%
900
70
12%
20C
Manufacturing
6'/a
68
Ohio
5%
Waitt & Bond Inc__
$2
cum
Waltham
Ward
1
preferred
Watch
Jan
Jan
Co
1
Baking Co warrants.
Warner
Aircraft
Corp
;
Wentworth
Manufacturing!
f
West
Utilities $6
1
Texas
1.25
preferred-
Western Maryland Ry 1%
Western Tablet &
.20
Whitman
(Wm)
_j
£
Williamsr (R
Si Co
C)
Si
J-j
$108 'A 110%
1956
r-A
A-O
1st
1967
1
2004
4s
Wilson
5%
Winnipeg Elec
3
Inc—
Brothers
preferred
10
Woodall
25
common
Industries
•
Woolworth
9%
1%
Jan
1%
Jan
100
9
Jan
9%
Jan
1%
Jan
2'/a
Queens
H-N
3%
1,200
33A
Feb
4%
Jan
Joaquin Lt & Pow 6s B
Scullin Steel inc mtge 3s.:
100
1%
Jan
1%
Jan
Bouthern
4
lVi
•
6%
7%
500
6%
7%
Jan
112
Jan
114
2'A
2%
Jan
150
Jan
•25
Jan
36
Jan
1st mtge 3s
.
Southwestern Gas & Elec
Jan
21
Jan
Spalding
Jan
15%
Jail
2'A Feb
2%
Jan
18
83A
6 Va
200
9
93A
600
15
28
Jan
9
6'A
Jan
Jan
9%
Jan
4%
Jan
10
A7-4s
Jan
Terni
15%
Jan
Feb
29
Jan
5
A-O
stamped
Jan
107/
Jan
Jan
14
Jan
100
7%
Jan
8
Electric Service
A7s
Feb
8,200
114
Jan
2$j
Jan
with
ex
Dec
Dec
income
Washington
or
1970
Associated
1953
J-3
100%
102
&
Tel
deb
5%s
A
1955
if-N
City Electric $ Vis-
1964
Boston
I960
Steel
Edison
6s_.
ICentral States Electric
5s
—Jan
Pwr
ref mtge 3s ser P
1st ref mtge 2%s ser
ref 23/4s
series
Gen mtge
Penn
Traction
(Bait
1st
mtge 4s
A 1st
Eastern
89%
Elmlra
Water
Ercole
Marelli
Lt
&
96 34
Elec
105'A 105%
877a
87%
J-D
*104%
j-3
A6%s ex Nov 1
105%
103%
104%
22/
88%
105
35
106
106%
255
87 %
—
~6
Danish
88 %
105
99%
101
3
102%
103%
112% 112%
10
112%
112%
Af-H
May
J-J
1958
u-a
5s
61%
61%
2
60%
47
1
47
*116
coupon—1953
coupon
98
Green
Mountain
Power
3%s—
Guantanamo & Western 6s
.
City
Interest
a
1953
36
*15'
Period
u-a
j-j
1968
73..
107%
1
f4;vwj
•
1
1
208
—
llbvaj;*
118%
—
1
■;
i
.102'.;//
101
Week'a Rang*
Last
Friday's
or
Sale Price
36
Parana
+54%
75
*101
3-d
52%
103
j-j
*56%
"
60
—/
.
Rio
52%
102%
102%
102'A
stamped
ARussian
102% 102%
56%'
58
*62
„
Low
High
—
...
—
__
__
37%
37%
73
73
$70
J-J
—
72
4
37%
—
28'A
X5.fi
1
:•
."'73
U-8
*13
—
75
/
7
14
1
—
..-••*!
7
13%
13%
24%
29
37 %
—
38%
/',
.
U-N
1951
3-D
28'A
1947
A-O
1931
1972
J-D
J-D
2
—
—
—
*42%
—
40
*42%
H-N
1947
2812
*37%
—
43
—
$65
__
„
■
i
.
„
42'A
42%
—
61'A
64
2
26%
20
123
15%
16%
24
.7
*28
—
>i
■'
<6%
.
2008
1927)
6%
—
•
0
70
.
2008
J-J
—
30
30
1997
J-J
16%
lo%
IG-.a
2%
2012
3-D
21
26,4
-7
6%s
1919
M S
—
2%
2v4
.3
1921
Janeiro
Jan. 1
Ho.
•
J-J
—
2jb
2%
30
2%s
to
—
2%s (ser A B C D E)
Interest
Range Sine©
Sold
High
(Plan A)
(Republic of)
de
W-A
1952
2'/as
Oct.
Interest reduced
__
$102
of
*62
J-D
1953
7s
(issue
A7s
116
33
5
to
„
__
J-J
6%s stamped.1958
(Plan A)
(Peru)
reduced
Bonds
Bid & Asked
t
A-O
14-If
,
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
Is to
1958
"
Loan—
stamped
Mortgage Bank of Bogota—
A7s (issue of May 1927)
100'A
116
—
36
1950
Ry 4s
82%
108
102 -102
Interest
1953
Maranhao stamped
48 %
98 %
19
Municipal
5s
ALlma
63%
47
98
98'A
Co—
1961
Western
r-A
Danzig Port & Waterways—
AExternal 6'As stamped
101%
100
102% 103%
—
Cons
AMedellin
1965
stamped
Trunk
:
5'As
Peru
5s
debentures
External
Finland Residential Mtge Bank—
Grand
—.1959
108
Newspaper Union—
External
104%
*99% 100%
—
A-O
1993
1940
1947
/ 15
;
100% 101%
A-O
—1993
Mfg
A6V2s with Nov 1
*1187
(Col)—
April 1946
A 20-year
7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s_,—,
1948
—
3%S—^
RR
J-D
5s
Agricultural Mortgage Bank
A 20-year 7s
RR—
A
ser
Fuel
&
83 %
$108'A
Friday
93
93 %
106'A 106%
mtge 4s ser B
Gas
83
A-O
BONDS
52
Jkf-W
30
Foreign Governments & Municipalities
Division—
J
83 V:
3-D
New York Curb Exchange
106'/a
City)
& Western
N
14-3
1964
2030
160'%
35
1954
of
3%s
'
101%
96%
1981
'•24V
47
35
1960
5s
108%
108'A
93
1976
'24 V
"
V.U. *>•
$15
1954
Power
160'%
Jf-Q
Q
H 0c
102
—
R
22
■
106%
95%
.
Lackawanna
1
103% 104
4%s
Delaware Lack
100%
106
7
93
1962
Gas
11
'/
M
95%
1969
0
High
93
J-J
3
•>%.-
'A
*100% 101 Va
35
debs
Electric
1007%
ms
_1977
"67/
*15
100%
1037a
3%s conv debs
Consolidated
37
31
J-D
1956
3
A-O
1st
1st
34%
coupon
15
M-S
(Bait)
63
Hotel—
Water
renn
107
j-3
1969
&
24
24'A
85',
127
124
Co—
160 Va 16C'/a
1966
_
Lt
90'A
1954
3s
Gas El
105%
40
/'■
1948
5s
Debenture
24%
coupon——1956
101% 101%
101%
——..^1958
Debenture 5s_—
Debenture
'24%
Low
(20% redeemed)
A5'As (20% redeemed) _i_.
Consol
24%
24'/2
Corp—
A5s
Cities Service
Low
36
108% 108%
Q-r
3-D
2
Jan. 1
No.
101% 102
106% 106%
J-D
1998
1970
2%s
High
100% 1007/a
Telephone of Canada—
6s series C
67
:
Range Since
Sold
106 Va 106%
/-J
Bethlehem
Bonds
Friday's
Bid & Asked
J-D
Bell
67
93
Week's Rang*
Last
Sale Price
Appalachian Elec Power 3'As—
Atlantic
1940
1
1947
1
Waldorf-Astoria
A 5s
Low
4'As
• 127
0
Hydro-Electric Co—v/f'//
6s conv s f
Electric
4
J-J
United
9%
11%
lOOVa.:';^
100%
93
A-O
Jan
1,400
105%
103%;,105%,'; v.!
12
125
A
Western
Tel
93
1946
100%
1,300
Friday
•
.
1946
...
Jan
10'A
T%
105%:/
$104% 104%
U-N
A6'As with Aug 1 1940 coupon..1953
6'As ex Aug 1 1947 coupon
1953
United Electric Co of N J 4s
—.1949
121/2
8
.loiva'v".
—
105% 105'A
A-O
I960
2nd
'
104 Va
.105%
Jan
Jan
100
101
i!iu
•
101%
1
13
__
199% 102
1950
:
trust.
% 101 %
104'A 104 %
r-A
—1989
Corp—
3rd stamped
(Hugo) Industries—
Btinnes
24%
1,900
100%
(Hugo)
A 7-4s
Jan
1970
5s_—
collateral
15
75
24%
18%
6 Va
25
4%
■
15
Jan
-
8'A Jan
50
93A
4%
18
700
VB
6
•
—1971
3'As
101
104'
A-O
Corp inc bs
AStarrett
5s
G)
(A
IC2
115
J-J
B—
ser
Jan
Btinnes
18
*113
*103
3s
Southern
Jan
-900
Jf-8
r-A
M 3s
155
101%
—
*105%
35'A
300
*99%
J-3
West
Assoc
1952
1971
1st & ref
148%
*101% 102%
A-0
15
Period
V
US
20%
Interest
SO'/
■
:
.
Edison
25
353/4
35'A
10
Exchange
106
26
155
1973
California Gas 3%s—i—1970
Southern Counties1; Gas (Calif) —
Jan
Jan
11%
BONDS
-
150
~i%
83 %
106%
105%
'
1965
California
West
New York Curb
;• ;
,
3'As series A
10
•
93%
105%
5
—
40
1951
£1
Wright Hargreaves Ltd
93%
108
155
Safe Harbor Water Power Corp 3s_1981
2'/2
l'A
J-J
San
10%
Jan
8
103',4
*15
Jan
Jan
l'A
11%
5s
204
108
103
*353;
1960
Jan
8%
A7s
deposit receipts
preference
£
102 %
106%
93 %
A-O
8
6%
1
5
*105% 103'A
1952
\
.
American
.
104%
104%
103
*106
——
J-J
—1908
Borough Gas & Electric—
11,000
24%
65
104
104 "2
*102% 103%
J-J
debs
2'A
100
com.
Ltd—
6%
50-year
13A
-
6
107% 108
107%
coupon—1960
coupon
l7/s
15
63 %
Co—
1940
1
1947
1
Jan
2
new
(F W)
pfd
Inc
Woodley Petroleum
Oct
Oct
ex
5'As series A
l
w
Wisconsin Pwr & Lt 4%%
Hydro-Electric
6'As with
A6%s
450
2-1
common-^
w
29
103
3-D
400
83A
HT'-.a
64 Va
104% 104%
3-D
1970
13A
18
108s, 4
101%
•
.
*104
——'•
A-O
9
2'A
108%
2
63 3A
63%
MS
3'As
mtge
13A
35%
9
101% 101%
U-N
mtge 3s
8V2
Co——___•
■>: Willson Products
»
9 3/8
100
^.1
Wichita River Oil Corp
Wickes (The) Corp
•
1%
10
Weyenberg Shoe Mfg
.*
1%
•
Westmoreland Coal
lio
—
*
26
257a
Public Service Elec & Gas Co—
.
1st pfd—100
Stationary com
'
31
21
•
*101
A-O
•
•
Westmoreland Inc+
,
$15
"
——
1961
13A
7,/a
High
27%
1969
.
4'As
9
1
40
3-D
3'As
3%
30
;
—«
1968
A
1
—
1971
W
9%
Low
'
J-J
3'As
1%
"
1968
Westchester Ltg
Power
1st
Piedmont
•j" Waco Aircraft Co
•
Wagner Baking voting trust ctfs ext_*
1%
preferred
__100
Jan. 1
K0.
Jan
3
»-» ro
*35%
4.
Park Lexington 1st mtge 3s
_1964
Pennsylvania Water & Power 3%s_1964
Jan
Feb
Feb
2%
&
Y
Jan
x70
Jan
4%
12
England Power
N
common
Range Since
Sold
High
1968
RR—
4% to
New
convertible preferred
Bonds
Bid & Asked
Valley
Milwaukee Gas & Light
$4
Week's Rang*
or Friday's
Last
Sale Price
1963
& Light 3'As
Corp deb 4'As
Extended at
Valspar Corp
1952
1952
coupon
Kansas Power
2%
1,700
22'A
1
1940
Altalian Superpower 6S
Kansas Electric Power 3'As
24'A
2'A
Period
Hydro-Electric Co—
2
300
37 Va
v
Jan
Jan
2
*
Interest
Low
6Vs
2V2
5 Va
1,600
10
common
Sugar
Utah Power & Light common
///
High
Low
10
Universal Products Co
4
New York Curb Exchange
Range Since Jan. 1
High
5 'A
37 Ys
FEBRUARY
"
Low
50o
(629)
EXCHANGE
ENDED
BONDS
Shares
1
Stores
Utah-Idaho
of Prices
1
CHRONICLE
fo* We-k
Lj»«*
New York Curb Exchange
CURB
WEEK
FOR
FINANCIAL
Salea
Ranee
Friday
&
stamped
reduced
(Plan A)
to
Government
A5Vas
.a
2
3
2%
2'u
'
Indianapolis Power & Lt- 3'As
International
A
6'As
A6%s
A7s
1941
coup)
series E
A7s
A7s
1
(Aug
series
A 7s
3-d
1941
1941
105
105
34
34
34
--
37 Va
1953
coupon)
1957
1952
coupon)
37i/a
r-A
1952
*36'/a
34
"
js
—
escrow
ctfs
\
105
"No
105%
3-4
1
34
32%
31 %
37'%
33
31%
35
9
32
(not
33 %
7
Odd-lot
principal
34
21
38
35
*36'/«
36%
36 %
63
value,
a
transaction
Deferred delivery transaction (not included in year's range),
dEx-interest,
(not included in year's range),
i Ex-distribution,
g Ex-stock
div.
b Ex-
nUnder-the-rule
(not
transaction
65
Below
on
are
15
63
the
"w i,"
66
used
when issued;
Exchange
as
'
20
Transaction
Rail¬
Util¬
trials
roads
179.35
52.69
Total
for
cash
10
First
"cons,
consolidated,
cum,
.
euro illa¬
"n-v," non-voting stock; "vtc," voting trust certificates;
with warrants; "x w," without warrants.
/•
v
,
-Bonds-
15
Indus¬
Jan.
r
"M," mortgage;
"w w,"
compiled by Dow, Jones & Co.
10
29
range),
/
above—"cod," certificates of deposit;
"conv," convertible;
daily closing averages of representative stocks and bonds
the New York Stock
30
Jan.
year's
being traded flat.
in receivership.
-Stocks-
Date—
in
§Reported
Stock and Bond Averages
listed
included
included in year's range), x Ex-dividend, y Ex-rights,
z Ex-liquidating dividend.
*Friday's bid and asked prices; no sales being transacted during current week.
Abbreviations
tive;
~
par
A Bonds
.
38
36%
Interstate Power Co—
A Debenture
4
e
1957
F__
(July
U-N
Sec—
C
(Dec
1970
1955
Power
series
10
Second
10
Total
65
Indus¬
Grade
Grade
Util¬
40
ities
Stocks
trials
Rails
Rails
ities
Bonds
34.70
65.23
101.64
103.68
90.60
103.43
99.84
31
179.12
52.57
34.68
65.15
101.66
103.72
90.47
Feb.
1__
180.39
52.71
34.80
101.67
90.21
103.42
99.76
2
65.5C
103.73
Feb.
180.27
52.85
35.06
101.63
103.79
90.08
99.74
Feb.
65.60
103.44
3
180.09
52.62
35.13
101.66
103.84
90.26
103.48
99.81
Feb.
65.51
4
177.92
51.86
35.00
64.78
101.64
103.88
90.05
103.43
99.75
103.55
99.83
34
COMMERCIAL
THE
(630)
OTHER
&
FINANCIAL
STOCK
RANGE
WEEK
FOR
CHRONICLE
Monday, February 7, 1949
EXCHANGES
ENDED
FEBRUARY
4
Week's
Sales
Last
Range
for Week
Sale Price
of Prices
Friday
Baltimore Stock
Exchange
Friday
Rang*
Sale Price
STOCKS—
Low
3.10
__
15
16
20
170
169
170
14% Jan
3.00 Jan
Jan
16
170
(The)
Co
100
Fidelity & Guaranty
—
25c
50
-20
——
Western National Bank
15
>
Edison
Commonwealth
Consumers Co cum
Crane
Feb
Feb
Co
54
1975
1975
4s
5s series A
105
105
50c
__
9
54
42
45c
Jan
49% Jan
42
Flour Mills
105
Jan
50c
Jan
54% Jan
42
Jan
Jan
105
300
105
25
50c
54
42
__
49
56
—
—
Boston Stock
$7,000
2,300
50
57
Jan
48
55
Jan
Jan
Feb
50
57
Inc
Sale Price
STOCKS—
Par
American
American
Tel &
American
Woolen
Anaconda
Copper
.100
Tel
•
of Prices
34%
148
-10
Brewing common
Jan
Candy
Finance
Motors
Gibson
class
.100
Albany RR——.——
J.
Corp common.^..
Corp
Co
Co
(W H)
Lakes
Shares
Range Since Jan. 1
Low
High
45*
34%
Jan
36%
Jan
150%
(G)
175
34%
Jan
34
185
33%
Jan
270
118% 119%
40%
41
56%
2,185
56%
100
RR—
16%
16%
17
40%
40%
Dk
Brew
——100
preferred--.
Inc
118
Jan
40%
Jan
Independent
prior
cl A 1st pfd stamped
100
Prop Trust
•
100
5
100
Jan
Indiana
35
Jan
RR
—
Service
Jan
Katz
Jan
42%
Co
new
5%
5%
Leath & Co
5
Jan
5%
Jan
Feb
14 %
14
14
100
Jan
Jan
750
5%
Feb
62%
1,100
58%
Jan
62%
Feb
9%
700
8%
Feb
9%
Jan
6
60
Jan
6
Jan
17
Jan
15%
Jan
-1
9%
9%
9%
800
9%
Feb
10
Jan
16%
16%
16%
450
16
Jan
17%
Jan
250
9
Jan
9%
Jan
50
9
49%
50
49%
11%
10
Jan
16
200
16
11%
17%
17%
Jan
XlO%
100
25 %
18
4 %
850
53
Jan
17
Jan
Jan
n%
17%
Jan
Jan
18%
(
Jan
50
26
4%
Feb
4%
Jan
700
4%
,
7%
7%
25%
Feb
27%
Jan
7%
50
Jan
7%
13 %
5,600
Jan
13%
Jan
6%
n
12%
300
6%
Feb
6%
Feb
11%
Jan
37
Jan
12%
13
38
38
7%
10
350
38
277
44%
424
20
8%
common—
Jan
13
Feb
381
Jan
.
8%
Jan
8
300,
8%
Field & Co common——.
16
Jan
Mickelberry's
76
Feb
15%
100
15%
Jan
15%
Feb
53
100
51
Jan
54%
Jan
23
200
22%
Jan
24
Jen
10
300
9%
Feb
'(11'1
Jan
23
9%
Prod
Food
Jan
9%
Middle West Corp—
Jan
5
42%
Jan
15%
52%
15%
Printing Co common.—
Jan
5%
46%
Ex-distribution
Jan
Jan
2
2%
5,300
2
Feb
10
10
10%
1,250
10
Jan
13%
13%
100
13%
Jan
23%
23%
24
350
23%
Feb
Jan
85%
85
Jail
88
*
——
80
30
Jan
39
Jan
20%
21%
300
19%
Jan
22%
34%
25
34
Jan
35%
Jan
2%
14%
,
Jan
Jan
11
Jan
Jan
25
Jan
34 %
.10
prior preferred.—
Mfg common—
Modine
Jan
36
*
4V2
Jan
6%
Jan
61%
481
53%
Jan
61%
Preferred
43.40
5
42.55
Jan
43.75
American
North
38%
1,752
37%
Jan
40%
Jan
31%
317
30%
Jan
33%
Jan
59
4%
100
Jan
4%
340
50%
Feb
56%
14
104
13%
Jan
14%
10
11%
10
11%
61
38
41%
14
14%
17c
«...
5
,_*
Shoe Machinery common—25
Pennsylvania
75:"
12%
Jan
62
Feb
41'/a
Feb
41%
Feb
29%
>
Jan
31
Jan
■
8
Jan
8%
Feb
22%
Jan
24%
Jan
8%
Jan
9%
Jan
7%
Jan
8
Jan
41%' Feb
14
Feb
15%
13c
Jan
(The)
Co
210
capital
•
*
capital-———~ 1
20c
2,400
25c
Cumimns
Schwitzer
50
16%
17
9%
9%
89%
89%
10
89% 'Feb
90
Jan
25%
25%
100
25
26%
Jan
32%
250
31 %
Jan
33
29%
200
29
Feb
29%
Jan
11
Jan
11%
Jan
32
Jan
9%
Feb
80%
Jan
87%
Jan
Shellmar
Signode Steel Strap common
Sinclair Oil Corp.—
37c
1,273
30 c
Feb
45c
Jan
106%
17%
Jan
50
106%
Jan
17%
991
16%
Jan
.7'
305
6%
Jan
15%
700
14%
Jan
6%
15%
32
29%
11
29
Prod Corp common---——*
13%
35
South
Bend
Works
Lathe
—•
capital
Feb
7
15%
Spiegel Inc common.1
Jan
13%
Feb
14%
12%
50
11%
Jan
12%
85
32%
Jan
34%
—
34
34
Jan
35% 'Jan
52%
1,879
50%
Jan
53
50%
600
47%
Jan
52%
Jan
39
39
39
Jan
39%
Jan
Stewart-Warner
Corp
25
5
1
common
Container
Corp
common
Stone
20
Storkline
Furniture
41
15.
41%
13%
13%
24
87
Jan
43 %
Sunbeam
Corp common
8%
■
•
11
50-
v.
Jan
37%
38 %
700
37%
Jan
39%
Jan
26
26%
200
25%
Jan
28%
Jan
12%
750
12%
Jan
13
Jan
21%
1,450
20%
Feb
24
Jan
18%
250
18%
Jan
21%
Jan
8%
500
7%
Jan
3%
8%
3
__
400
2%
Jan
50
9%
Jan
10
10
38%
8%
3%
10
Jan
Jan
Jan
100
13
38%
Jan
41%
.Tan
200
12%
Jan
14%
Jan
1,200
38%
12%
12%
Jan
13%
Jan
23%
Jan
26%
Mach Tool
International
6%
6%
6%
6%
Jan
6%
14
;;
Feb
14
Feb
14%
Jan
35
33%
Jan
14
300
com—
new
41
1,150
5
10%
10%
450
25
capital stock
Swift
13
39 %
Sundstrand
Jan
27
24%'
38%
347
13%
24%
•
30%
31%
500
41
Feb
Jan
11%
Jan
Jan
9%
29
32 V*
Jan
Ltd—
Co
Jan
Ctfs
of
Thor
10%
10%
400
50
50
51%
200
13
13%
2
23%
23%
23%
Corp—
»
capital (new;
*
Inc—————-10
43%
43
43%
43
39
39
39%
500
38%
12
12%
400
12
Jan
12%
Jan
Jan
78 %
Jan
Jan
26
deposit
Co
Texas
—
25
.——5'
(The)——
Corp
(The) common——-—
Trane Co
208
Chicago Stock Exchange
Friday
'
11
18%
10
common
Swift & Co
.
Feb
Jan
49%
Standard Oil of Ind capital
Jan
51%
39
9%
Jan
'
Jan
34
34
51%
Feb
Jan
12%
,
Jan
20%
20 %
5
—2
20
Standard Dredging common
33%
■
34
17%
12%
26 %
—•
Standard Forgings common—1—— 1
13%
Jan
Jan
9%
100
13%
16%
600
Jan
Jan
106% 106%
16%
/
Sears Roebuck & Co capital—38%
8%
670
30c
13
Jan
1,819
7
2,400
89 %
Louis Nat Stockyards
St
Jan
9%
15%
950
7%
13'/a
com—2%
new
85%
16%
8%
7%
13%
Jan
Jan
1
10
Waldorf System Inc___———-—-*
Westinghouse Electric Corp—...—12 %
4%
17
Quaker Oats Co common
1—
"
Rath Packing common __————10
Jan
59%
38
Circle
Perfect
9
-
150
550
Feb
8%
7%
capital—————.50
RR
84
Drill—
25
140
4
9%
,
200
8%
24%
%
4
13 %
1
common
84%
*
United Fruit Co
Manufacturing
Sangamo Electric Co common
14
2.50
common--1'''
Oak
Jan
Jan
60
H)——————-100
30%
8%
24%
100
24
"
*
common
41'/a
30'%
20
common
common
Jan
*
—_—*
Car
Corp
Bancorp
Peabody Coal Co common———i—5
Penn Elec Switch class A—
—10
Jan
51%
14
>14
4%
50%
100
5
1
.20
111
Northwest
40
41%
——
4%
Jan
37%
■
4%
Co common
Chemical
Monroe
Feb
43.40
———--100
preferred
———~
McNeil & Libby
15%
35
25
U S Rubber Co
Jan
8%
13
preferred
69
35
Webster Inc.,.
Union Twist
6%
25
255
30%
Securities
6
Jan
Jan
15
~3~?%
—
Feb
7%
Jan
Lindsay Lt & Chemical common...
5%
4%
15
Elec
Jan
5%
600
6%
Lincoln
43
10
Pennsylvania RR
50
Quincy Mining Co——
-——25
Shawmut Association-;—.—.—
*
United
4%
61'/a
North Butte Mining—
Suburban
12%
11%
300
16
*
Jan
15%
—1
;
RR common
Torrington Co
550
5%
8%
14%
common—
Cumulative
Northern
Seryice Cos—
—...
Electric System
&
12
Jan
Jan
3du
common—
Jan
Feb
4%
England Tel & Tel————-100
Stone
Univ
Ext
2%
Feb
2
40%
85
^
—Jjfa
Northern RR (N
2%
95
17
„1
Drug Co common—
Switchboard common
Jan
21%
England
New
Jan
Feb
Jan
Feb
10%
Miller 6c Hart Inc common vtc—.
Inc
Nash-Kelvinator
New
31%
2%
90
25%
19 %
85
Mathieson Chemical Corp
National
30%
17
—1
Jan
34%
preferred
200
250
Jan
14%
(new)
Harvester
16%
200
76
5
Theatre. J
Central
Maine
15%
Razor Co
Loew'S' Boston
Jan
Jan
15%
com.
584
10
72
'
43%
General Electric
Isle Royale Copper
Kennecott Copper
Tool
Jan
162
15%
Stores
Gillette Safety
38
.
57
41
76
Employers Group Assoc
National
Feb
16
Feb
.100
General Capital Corp
33
400
8%
—10
capital
Steel Prod common—.
Salle
$1
5%
First
Jan
160
2%
5%
6
62%
-3
56%
2
5%
mo
pfd adjustment
Eastern Steamship Lines
27%
93
14
cap.
10
"l00
i-~
preferred class B
6%
Jan
„•
Kellogg
120
Massachusetts Street Ry-
Common
25
5%
common
Co
International
Marshall
Eastern
1,900
8%
__
...
common
Pneumatic
38
,
Libby
2
100
_
28%
12
12
•
1
common.
Corp new com
Illinois Brick
-
5%
Hecla
46'/a
Jan
■
——
&
Feb
26%
30%
30%
2%
Spencer Bartlett common— —25
Horder's
Jan
36%
56%
7%
Cities
43%
Jan
35 %
118%
1
High
34 %
33%
100
—
Common stamped
Calumet
35
30%
1
Werner
La
_
Providence
High
100
400
V
Railway—
Stamped
6c
33
-10
common
&
Dr
—
common
Hibb
W
143%
40%
Boston Personal
26%
—5
A
Refrigerator
Heileman
3,353
-50
—
Boston Edison
Boston
26%
-1%
Hammond Instrument Co common.
147% 148 %
36%
—
for Week
Low
.100
Sugar Refining——-
Boston & Maine
26%
—5
Drive 'Auto
Sales
Range
Last
Unstamped
27
90
of America
(Peterj
General
Exchange
Week's
Friday
Elevated
26%
.—1
Hein
Boston
26%
-25
—
FoUr-Wheel
Gossard
ft
Low
•
i: :
Fox
Great
Boston
43%
-50
—
Corp class A
General
CO
Range Since Jan. 1
High
43%
Eddy Paper Corp (The)
BONDS—
Transit
.-25
common..
pfd (new)
common
Domestic Credit
General
Baltimore
SiiXS y
Inc.
__
3.25 Jan
164 Vis Jan
45
Oil Co
American
131A Feb
-.10
common
Mills—
Vernon-Woodberry
6.75% prior preferred
S
High
80
193
113
:
Mount
North
3.00
Coleman
Low
13%
3.10
Cities Service Co
Range Since Jan. 1
Shares
——100
5% 1st preferred v t c
Fidelity fc Deposit Co
U
13%
Shares
'
High
13%
LOW
Par
for Week
-
of Prices
Par
Arundel Corporation
—-———-•
Bait Transit Co common v t c
—"
Sales
Week'*
Last
STOCKS—
South
Salle
La
St
Carbide & Carb
Union
United
Air
Lines
—
1
Jan
11%
Jan
50
Feb
59%
Jan
100
12
Jan
13%
Jan
350
22%
Jan
25
Jan
Feb
44
Jan
Jan
41%
Jan
9%
60
(sales
Week's
'
Last
Sale Price
STOCKS—
of Prices
Par
Corp common——
Advanced Alum Castings
Bearing
Ball
Aetna
Allied Laboratories
5
*
common
*
common
tt
Shares
s
Steel
17%
400
Range Since Jan. 1
High
17
Westinghouse Elec & Mfg
Wisconsin
High
Bankshares
Yates-American
17
Jan
19%
4%
4%
450
4%
Jan
9%
—
10%
400
9%
Feb
10%
Jan
18%
500
17%
Jan
19
Jan
Alleghany Corp
5
Jan
Unlisted
Co
Armour &
Co
Co
_
100
.5
147%
1
capital
common
Mfg
Asbestos
Tel
&
1%
common
150%
Jan
American
Radiator
Anaconda
Copper
7%
200
7
Jan
7%
Jan
1%
100
1%
Jan
1%
Corp capital—
Athey Products
(W H)
Barber Co
common--
Mfg Co
Borg
capital
Brach
Sons
&
Butler Bros commpn
Castle
Biscuit
Co
&
Central
111
(A
M)
Secur
Convertible
S
W
Chicago Corp
Convertible
&
Mining
50
5%
5%
500
5 %
Jan
5%
Jan
6%
6%
1,000
6%
Jan
7%
Jan
Bethlehem
26%
26%
26%
100
26%
Feb
26%
2%
1,500
2001
33
33%
400
26%
100
31%
33
900
2%
Feb
2%
Feb
7%
Jen
8%
Jan
13%
200
8%
2%
Feb
14%
Jaii
33
100
:
33
Feb
35.
Jan
24 %
Jan
26%
Jan
Jan
103 %
Jan
Jan
33%
Jan
Feb
Steel
common
•
new
102
31%
31%
35
Jan
36%
Jan
Canadian
13%
13%
100
13%
Jan
14%
Jan
15%
50
14%
Jan
15%
Jan
Certain-teed Products
1
11%
11%
11%
100
11%
Feb
13%
Jan
33%
33%
200
32%
Jan
33%
Jan
Columbia
*
11
11
11%
300
10%
Jan
11%
Jan
Jan
8%
Jan
1,200
7%
Jan
9
Jan
4%
60p
4Va
Feb
7%
Jan
1,700
37%
Jan
39%
Jan
200
11%
Jan
12
6%
9%
9%
1
common
6%
Jan
Jan
Continental Motors
100
13%
Jan
14
Jan
300
9%
Feb
10%
Jan
Farnsworth
9%
1%
\
—
Television
50
Jan
49%
Jan
General
Electric
16%
Jan
17%
Feb
General
Public Utility
100
9
45 V2
8%
Jan
9%
&
2
2%
Feb
2%
Jan
35%
150
34%
Jan
35%
Jan
1%
800
1 %
Jan
.1%
Graham-Paige Motors
Laclede Gas Light
Nash-Kelvinator Corp
700
2
New York
Central RR
—
14%
200
11 %
Jan
14%
Feb
11%
2,900
10%
Jan
11%
Feb
Packard
10
10%
300
9%
Jan
11%
Jan
Pa'n American Airways Corp
65
65
65
100
Jan
65%
Feb
7
Jan
Pepsi-Cola
72
Feb
72
Feb
Pullman
2%
55
55%
500
51 %
Jan
57%
Jan
Pure
page
42.
2%
2%
3%
Feb
Jan
2%
400
6
500
4"%
Jan
100
14%
Feb
15%
.600
12
Jan
13%
Jan
1,100
~4
Jan
T%
Jan
Jan
Jan
5%
14%
14%
12
12
14%
6
Feb
12%
Jan
Jan
65
Motor
200
see
—1
_4
.—5
capital——.*
10
American Co
72
footnotes
12
Jan
1%
14%
1
Chrysler Corp (new)
38%
11 %
■
'
11%
*
vtc
38
5
Corp
14%
common
Pac
4%
*
.
11%
preferred
Paul &
4 %
/9
Jan
Co
*
common
~8%
•
1
Radio
50c
preferred
Util
.___
400
17%
35
2%
1
Curtlss-Wright
46
9
common———10
common—.1
400
7%
25
Co...—
System Inc (The)
7
17%
17%
Gas
Ry
14
46
-10
—
Corp
14
t--
Pacific
72
For
%
13%
26%
2%
8
com—*
8%
13%
1
San
Steel
Chic^Rock Island & Pacific pfd—— 100
St
Jan
1
St
*
Car
Paramount Pictures Inc
Chic Milw
Jan
13
6%
North
Cent &
10%
Jan
35
——*
12 %
Burton-Dixie Corp
Carr-Consol
Jan
13
15%
10
Corp
(E J)
capital
W)
(George
10%
100
35
—
1
1
Brewing Corp
Blnks Mfg Co
200
13
5
common
Bendix Aviation
Berghoff
200
10%
10
Bastian-Blessing Co common
Belden
24%
10%
13
35
3
-1
Jan
24%
Corp
———.—10
Atchison Topeka & Santa Fe_
100
_4
Manufacturing Corp
24
.
Jan
Armco
Avco
69
•
:
Jan
1%
1.600
5
12%
com
capital
Air Lines Inc
144
7%
77%
Stocks—
500
147% 148
73%
•
American
Tel
American
73%
common
Machine
Jan
18%
4%
10
L—
common—
Low
LOW
1
Admiral
for Week
Range
*
6%
7
200
,
6%
Oil
Co
new
—
Inc
Co
4
"4%,
23%
8%
common
*
8%
Jan
24%
Feb
1,100
24%
8%
9%
*
(The)
Jan
22%
8%
Jan
10
Jan
Feb
37%
Jan
—
1
33%
8%
600
2%
com
'
27
27
28%
700
27
Volume .169
COMMERCIAL
THE
Number 4775
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
Shares
Friday
Radio
Corp of America
Radio-Keith-Orpheum
Republic
Steel
Low
Par
-
Corp
*
common
8
*
common
EXCHANGES
ENDED
FEBRUARY
2Ya
4
'
/
'
\
"
.
High
watling, Lerchen & co.
Jan
400
12%
Jan
8%
200
7%
Jan
9
Jan
25%
700
24%
Jan
27%
Jan
500
4%
Feb
5%
Jan
5
4%
4%
Low
12%
%
25
25
I.4'
Range Since Jan. 1
High
12%
12%
1
Rexall Drug Inc
14%
Members
New York Stock
Schenley
Socony
i
Distillers Corp
Vacuum
Standard
Oil
Standard
Oil
Steel
Studeba'ker
15
Inc
of N J—L
Spring
Oil
United
16'/a
Jan
30
Jan
16
Feb
17%
68
70%
68
15%
400
68
Feb
73%
Jan
200
15
Jan
16%
Jan
16%
1
Corp
Wilson & Co common
17%
17%
19
300
17%
Feb
21%
10%
10%
10%
1,300
10%
Feb
11%
2%
2%
800
.2%
Jari
2%
Jan
11%
Ford
DETROIT
Building
Telephone:
WOedwsrd
Jan
11
)
Detroit Stock
Cincinnati Stock Exchange
Week's
Last
Sale Price
Par
._1A,
*
Gas
Cincinnati
&
Sub
Cincinnati
Crosley
Elec
&
common:
Tel
Union
Formica
Jan
23%
Jan
7
42
75%
7
Jan
Jan
Consolidated
Jan
29%
Jan
Consumer's
5%
Jan
7%
Jan
50
73 %
Jan
76%
Jan
25
12%
Jan
7%
Jan
76%
'•
11%
Feb
:
7%
100
7%
Jan
18%
187/a
19
105
18%
Jan
26
25%
26
53
23
Jan
11%
■
11%
7Va
9
Art
preferred
Mfg Co common
49%
0
common
Partic
i
49
100
49%
44
175
8%
8%
__
Jan
•:?. *19
33
26%
Jan
Co
Feb
60
10
60
Jan
60
75
19%
Jan
21%
Jan
46%
47%
70
43%
Jan
48%
Jan
20'A
20%
55
19
Jan
20%
Jan
17%
17%
20
16%
Jan
17%
Jan
Jan
8%
Jan
Procter
8'/r
&
_.
9
Gamble
8
9
Electrotype
Printing common
S
Preferred
Allied
8
100
65'%
64%
454
216
4
Jan
66%
Jari
216
Jan
Jan
216
11%
11%
100
11%
Jan
38%
104
37%
Jan
i 39
Jan
43
43
40%
Jan
43
Feb
30
■/
11%
Jan
9
American
Airlines
American
Rolling Mill
American
Tel
—1
8%
8%
100
129
47
143%
277
32%
4214
•
11%
7
Ohio
60
26
26%
147% 148%
26
147%
25
:
27%
814
10
100
:
Tel
27%
27%
10
&
Cities
&
Service
Columbia
Dayton
30
Gas
Power
General
Light
&
General
Ohio
Central
York
Pennsylvania RR
Oil
30
38%
Socony Vacuum Oil
Standard
Paige
Oil
Standard
Timken
(N
Oil
Standard
Hoskins
class B
Roller
Hudson
Motor
Jan
150%
31%
Jan
34%
Jan
Michigan
42
8%
Jan
Kresge Co
27%
Jan
Masco
Jan
McAleer
7%
7%
300
5
5%
300
4%
22
21%
Tel
prior
=
Jan
2'/a
Jan
2%
8%
Feb
9%
Jan
City
4
Corp
Cliffs.
Cleveland
Iron
common
Eaton
Mfg new
Kingston
181
57%
Jan
62%
Feb
155
9%
16%
Jan
17
Jan
100
17
9%
Jan
10
Jan
28
Feb
31%
Jan
12%
Jan
14
Jan
12%
16%
135
16%
Jan
17%
Jan
18%
205
17%
Jan
21%
Jan
20
71
24%
129
68%
Feb
74%
Jan
131
24
Feb
26%
Jan
42 %
77%
40%
Jan
42%
69
Jan
78
General
Motors
Glidden
Halle
Co
common
Bros
Industrial
preferred
(Un)
—
Lime &
class
G)
Feb
14
Jan
11%
Feb
11%
Jan
5%
Jan
5%
Jan
11%
12%
202
11%
Feb
12%
6
6%
1,415
Feb
8%
Jan9
2%
2%
100
2% Feb
36% Jan
2%
Feb
6%
Portland Cement
1%
1%
440
1%
3
3
500
1%
3
Jan
3
Jan
3
Jan
1%
1%
1%
1,613
Jan
1
1
l
Metropolitan Paving Brick
4
Nestle
&
Mfg
—1
Mur
Le
class A
-9
Ohio
Edison
Ohio
Oil
9
1.
i
:
—9
Pennsylvania RR (Un)
;
—50
Patterson
Sargent
Wayne
Screw
(Un)
of America
Republic Steel
__9
(Un)
Richman
Bros
Standard
Oil
"
9
of
Ohio
common
10
S
Steel
common
(Un)
550
For
footnotes
see
page
42.
3
Jan
Jan
27
Feb
26%
Jan
Feb
3%
Jan
20%
Feb
750
19%*! 20 %
Jan
18% Jan
250
Jan
3
1,382
3%
4
"100
20
4
4
24%
6%
6%
6%
3
3%
Feb
6%
Feb
6%
Jan
10%
350
11%
11%
1,220
1
14
Jan
12'A
Jan
,
100
Shares
Range Since Jan. 1
High
Alaska Juneau Gold Mining
Allis-Chalmers
Low
High
Mfg
13% Jan
Airlines
American
Jan
American
Radiator
&
St
Jan
American
Smelting
&
Ref
Jan
American
Tel
20
31%
Tel
&
Co
Jan
34%
Jan
American Woolen Co
100
25
Jan
29%
Jan
Anaconda
15%
100
15%
Jan
16%
Jan
Armco
15%
1.483
14%
Feb
16
Jan
Armour
75%
'227
4014
250
39
24%
130
23%
2
944% a44%
31
489-
92
a 13% a
13%
21%
185
74
Jan
Jan
2%
Jan
17%
Feb
18%
Jan
9%
6%
6%
336
6%
Feb
6%
Jan
5>A
5%
950
5%
Feb
6%
Jan
1%
1%
100
1%
Jan
1%
Jan
9%
630
9%
42%
Jan
Avco
Jan
25%
Jan
46
Jan
30
Jan
32%
Jan
108
51
Sales
WMk'i
for Week
Shares
of Prices
Range Since Jan. 1
Manufacturing
Baldwin
Feb
Barker
Jan
Barnhart-Morrow
Barnsdall
Oil
23%
Jan
40
Jan
200
57%
Jan
62%
124
'19%
Jan
21%
Jan
45
34
25
41
Jan
46
Jan
•164
38
Jan
41%
Jan
835
32
Jan
34%
Jan
200
11%
Jan
12%
Jan
105
30
Jan
33
Jan
34%
Feb
35%
Jan
25
1,605
4%
Jan
4%
4%
8%
Jan
13%
13%
54
54
120
147% 147%
1,568
/•A
36 Va
33
160
7%
,7%
14%
Jan
Feb
54
Feb
Jan
54
145%
150
Jan
36y8 Feb
Jan
33
Jan
35%
Jan
109
.
37%
270
•
a26 % a26%
—5
High
13% Jan
350
36%
33
7
540
24%
Jan
27 Va
Jan
150
7% Jan
Bros
a98%
a34% a35%
100
6%
704
25
a34%
—3
6%
aH%
Co
^10
common
Consol
_
1
__
a
.6%
all % all %
7% Jan
65C
Jan
a
39
Jan
Jan
7%
11% Jan
11%
Jan
Feb
10%
Jan
Jan
4%
6%
1,300
20
.
39
357
3%
20
Vy-
10%
130
60c 72 %c
3%
a—
50
10
3%
100
—1
100%
86
a98%
Oil
Bendix
Co
Bethlehem
(Un).
4%
>725
4%
Jan
4%
Jan
a6%
10
6
Jan
6%
Jan
_
20c
Corp
33%
•
Steel
Corp (Un)
Blue Diamond Corp
Boeing Airplane Co (Un)
Bolsa
5
_
...
Aviation
Chica 'Oil
Corp
4,200
10
3'A
Jan
Jan
Jan
21
Jan
50c
Jan
75C
Jan
20
.
(Un)
Borg-Warner
Corp
a44%
47%
Jan
47%
Jan
17%
375
17
Jan
18%
Jan
a32% a33 %
200
32%
Jan
32%
Jan
32
Feb
33%
Jan
•6% Feb
6%
Jan
a44% a44%
17
17
a33%
32
32
33
50
1,015
6%
6%
6%
5
__
21%
21'A
21%
145
.1
8%
9
5,915
40%
340
40%
145
51%
_
_
_
8%.
...
(Un)
Broadway Dept Store
Co
(Un)
_
.15
40%
—5
_
52%
52%
9
600
21%
8
.
Feb
21%
Feb
Jan
10
Jan
Feb
40%
Feb
Jan
52%
Jan
10
Jan
9%
9%
•
Budd
'
■
•
840
9% Jan
9
100
8%
9
a35% a35%
34
Pacific Ry Co
Caterpillar Tractor Co
Chrysler Corp
(Un)
25
al3% al3%
50
(Un)
__9
a53% a535/8
60
Cities
(Un)
Packing
Corp
Canadian
common
25
27%
Jan
30%
Jan
a29% a30
75
29%
Jan
33%
Jan
22
Jan
24
Jan
16%
Jan
17%
Jan
10
12%
Jan
14%
Jan
9Vt Jan
133
24%
Jan
27%
Jan
39%
Jan
42%
Jan
24
Columbia Gas System Inc (Un)
Commercial Solvents Corp (Un)
Jan
26%
Jan
Commonwealth Edison Co
a—
.,—.
13
a—
Jan
—
a_»
14% Jan
a—
—
Jan
23
—
—
Jari
Jan
8%
(Un)_ 100
a30% a30%
—
Feb
28%
Jan
a6%
--
24
16% al6%
al2% al2%
a25% a25%
a
,
3%
Jan
_♦
(Un)__ .13
Works
Borden Company
4%
4%
—
24
Jan
27%
Feb
4%
40%
3%
110
33
Company
Co..
Feb
Jan
12
12
' *3(J
111 31 '
34% 34 %
—
100
Loto
8%
a26%
(Un)
Railroad
& Ohio
Petroleum
14%
21%
45
—
3%
*
—
Corp
Locomotive
Baltimore
92
37%
34
—
3%
a27% a27%
(Un)_ .30
Top & Santa Fe Ry
Atlantic Refining Co (Un)
Jan
67
,'a3S% a39%
—
High
3%
.10
(Un)
Jan
150
45
—
LOW
100
(Un)_.—
(111)
12%
21%
34
12
(Un)
(Un)
86
al9% a20%
44
Jan
Jan
41%
(Un)
Co
Atchison
Jan
San
(Un)
Corp
Co
&
Jan
a59% a62%
—
9%
Jan
Stock Exchange
__1
Copper Mining Co
Steel
76
a37% a38%
__
Jan
2%
380
9%
*
(Un)
3%
3%
24%
—
-
Inc
105%
31
14
1,100
17%
5'A
.10
Co
(Un)__
Co
150%
.
Feb
4
2%
2%
Par
Jan
'
•••
26% Feb
200
"11%
Sale Price
Jan
—
__
*
Jan
3
Last
40%
—'
2
Refining & Chemical
Youngstown Sheet & Tube
Jan
4%
26%
1
common
Jan
.
9
Warren
2%
27
1
STOCKS—
135
77
40'A
40%
725
24
24%
1,445
77%
77"%
•493
1%
1%
a71% a73%
450
100
69
Company
Clary Multiplier Corp
Fuel
&
Iron
55%
56%
685
10
43%
43%
Jan
Cons
1%
Jan
1%
Jan
Consolidated Edison
69'A
Jan
Jan
Consolidated
9
Gould
Jan
5ya
Jan
4%
a
17
a26%
5
300
4%
Jan
18%
740
16%
Jan
19
18%
200
17%
Jan
19%
Jan
10% all%
115
11%
Jan
.11%
Jan
Jan
375
16%
Jan
17
a26% a26%
295
25%
Jan
26%
Jan
3%
Jan
Jan
17
17
3
Feb
Jan
*
3%
3%
3%
Sav Mng
1
Co of N Y (Un)_*
1.20
1.20
1.25
1,100
1.20
Feb
1.50
a22% a23 %
155
22 y«
Jan
22 y2
Jan
7%
250
6%
Jan
7%
Jan
Corp
(Un)
'
Chollar
Jan
45%
18%
18%
*
25
56%
Jan
1,125
Sou
78%
(Un)
Jan
43%
•
18%
4%
9
20
&
55%
264
1
Corp
Preferred
■Jan
74
2.50
Service
Commonwealth
U
Feb
2% Jan
225
1,400
26>A
1
Products
Exchange
Colorado
Radio Corp
1
26%
Friday
75%
8
common:.
(Un)
1%
Feb
w
4
common
common
Jan
1
2'A
3
Feb
Jan
1%
27
,
38
100
4%
2'A
W*
14
:
670
38
Jan
40
•
California
Tile
National
37%
•
nvi-
common
105%
,
Feb
1%
1
1
14%
—
10
9
:
6
37%
5
Investment
19
Jan
13%
common
15'%
—
9
(A
Jan
common
a32% a32%
29
29
—
9
Trans
B.
McKce
19%
Die
&
143
—
—9
Medusa
Feb
Axle
Manufacturing
20
—
50
1
.
Jan
100
_5
———-
130
14%
—•
Steamship
Island
Kelley
(Un)
Rayon
Interlake
(Un)
Feb
2%
400
2
common.—:
200
—
9
common
6
Feb
450
—.*
3%
—
1
Rubber
Faultless
General Electric (Un)_
Jan
2%
5%.
10
Radiator
5%
100
Jan
428
S
320
11%
2%r
Udylite Corporation common
U
6
2%
13%
—*
—
Timken-Detroit
Union
5%
,_1
—-
common
River Raisin Paper—
Superior Tool
Feb
5%
9
Pfeiffer Brewing common
Sheller
4%
11%
.1
.
^
W)
500
13%
Peninsular Metal Products comjjfte——1
(H
Feb
Feb
4%
1
Scotten-Dillon
28
.13
Park Chemical common
Rickel
Feb
6'.
61%
1
common
Rust-Proof
■
Jan
11 %
Jan
Davis
Feb
59%
13%
Feb
Parker
9%
Jan
6
600
263
100
39%
Parke
8%
300
6
10
common—
.
Sugar
9%
Feb
61%
19
30
Jan
3%
—
—9
Jan
6%
Jan
2%
1
common
105 % 105%
—
15
65C
9
common
Products
Mfg
5%
4,300
9
common
al47%al4B%
—
al47%
1
Jan
50c
_1
common
(3 8). common
Screw
6%
19
Jan
Jan
73%
9
i
:
Jan
19
Jan
13%
Low
2
(Un)
3
2% Feb
300
6
1
Basin
Railroad
Erie
1,100
2%
common
Motors
Products
Bandinl
Electric Controller
Jan
2%
65c
6
2%
lo
37%
of Prices
1
common
Jan
4%
Sales
9
Consolidated Natural Gas (Un)
24%
Feb
4%
1
for Week
100
com
Feb
4
61%
1
—
26%
Sale Price
(Un)
Illumin
Electric
Cleveland
Cleveland Graphite Bronze
23%
882
9
6
61%
40
Range
100
$4.50 preferred
600
5%
1
common
Car
6%
•
Week's
—25
9
Jan
23%
2%
2
31%
41%
«—1
22
,"4*4%
65c
9
Stamping
Jan
-A
73%
Fuel
&
Ice
Clark
22
23%
Packard Motor Car common.
Feb
68%
Controller
Chesapeake & Ohio RR
Feb
20%
100
1,207
National
12
24
100
(Un)
pfd
Jan
8,227
Jan
29%
24
50c
Tel
&
Jan
5%
Jan
8%
Jan
17%
Par
Electric
Jan
-8
2%
11%
Last
Apex
Jan
33%
8%
46%
Friday
American
20%
Jan
2%
Jan
50
Cleveland Stock
Akron Brass Mfg
Jan
Jan
8%
Jan
70
68%
'
Jan
57
2%
Los Angeles
STOCKS—
Jan
1%
7% Jan
,tlO%
v
12%
16'A
—
9
—
32%
,.1
Bearing common
Electric
Jan
28
—
9
Bearing
20
150
10
Manufacturing
Howell
Jan
12
25
Steel
U S
200
33%
_1
common
common
Houdaille-Hershey
7%
.
29%
10
J)„
(Ohio),
20'A
1
common
Hoover Ball &
24%
,
'
9%'
—
9
Brands
20
8%
55% Jan
160
62%
16%
28
9
15
175
1
common
Gerity-Michigan
Goebel Brewing
Jan
29%
__
9
Corp
Jan
200
,
1
common
Manufacturing
Finance
Motors
28%
"
Radio
Feb
1
237
1%
55%
1
Industries
General
Jan
12
17
33%c
-
165
60
—
50
Pepsi-Cola
Jan
1
i
Brewing
General
27%
3
11%
29
12
9
43%
10%
—
9
Oil
Pure
4214
.
32%
38%
10
Motors
New
32%
*
Electric
8
8
1%
20
•
McClanahan Oil
Chesapeake
Jan
Feb
—1
common
Kaiser-Frazer
Stocks—
Stores
10%
8
5
common
Wood
Gemmer
38%
__
__
50
;
Unlisted
216
■
9
U
64%
G5%
100
Rapid
8
Gar
Graham
•
preferred
9%
2%
Jan
21
Ale
100
55%
.^1
common
Corp
Frankenmuth
Friars
Jan
9%
33%
Navigation
'
Electromaster
Jan
__
1
..
Car
Iron
Steel
.6
•
__1
oommon
Edison
Gray
2% Jan
5% Jan
"
common
Detroit-Michigan Stove
10%
20 %:
*
Motor
Detroit
Detroit
100
_10
Co
Cleveland
49%
21
41
common
Magnavox Co
Meteor
&
Feb
*
Kroger
Detroit
350
5%
2%
Paper
High
2%
9%
"9"%
1
common
common
Power
Jan
8%
60
__
.10
Lunxenheimer
Range Since Jan. 1
LOW
High
5%
2
common
Continental Motors
Detroit
*
Products
Rubber
Chrysler Corp
27%
.10
__
Metal
283
7
7
American
252
7
29%
6%
*
Hatfield-Campbell
Hobart
13%
Jan
_
Insulation
Gibson
Jan
22%
6
1
;l
Shares
2%
2%
.1
Baldwin
12
125
28%-
Brewing
Brown-McLaren
100
23
7
Altes
Low
l
common
Jan
12 V2
29%
Electric
*
'.:a;.:5
12%
Yard
Motors
Eagle-Picher
Jan
22%
50
Stock
3%
:
7
8.50
25
Bell
800
5
High
22%
*
Street
Range Since Jan. 1
Low
High
4
__
_*
__
Cincinnati
Cine
Low
Allen
'•
for Week
of Prices
Par
Shares
A'''
Sales
Range
Sale Price
for Week
of Prices
'J,'V
Exchange
Week's
Last
Friday
STOCKS—
u
Sales
Range
Friday
STOCKS—
Burger Brewing
Champion Paper & Fibre
Churngold Corp
2-5525
Feb
*
Balcrank
Exchange
Chicago Stock Exchange
Jan
,2%
Detroit Stock Exchange
Jan
1
*
Corp
New York Curb
Exchange
Jan
15%
16
1
Corp common
Sunray
27%
2,300
1%
25
Co
35
for Week
of Prices
WEEK
(631)
Sales
Last
Sale Price
STOCKS—
FOR
CHRONICLE
&
Engineering Corp
1
a23%
7%
*
36
(632)
THE
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
Friday
Par
Consolidated
Liquidating Corp
fcnrii
Crown
Zellerbach
Curtis
I
Publishing
Class
Douglas
Power
Oil
Fanners
and
-Farnsworth
Garrett
&
class
Electric
General
Foods
General
Public
Gladding
McBean
9%
Jan
Union
25%
25%
432
25
Jan
27
Jan
a674
112
7
Jan
7
Jan
874
9
1,562
714
Jan
9%
Jan
a22% a23%
97
a
55
a—
7b
a50% a5034
a50 Vt
Jan
13%
12 %
510
11%
Jan
12%
a22%
55c
Bk__100
306
33
4
474
all
60
38%
3874
a42
*
10
.'w
5
Graham-Paige Motors Corp (Un)
Great Northern Ry preferred (Un)
Greyhound Corp (Un)
Hancock
1074
Jan
39%
Jan
42
Jan
Jan
42%
1,224
57%
Jan
62 Vt
536
11%
Jan
1274
144
25
10
a__
Gold
Mining
25
Feb
44%
196
43%
Jan
2%
2%
315
2%
Feb
•
143
a4038 a4174
107a
10 74
282
110
—
Co
class. A
common
5
Development
Motor
Co
110
524
Co
Car
a__
a__
10%
,
;
Jan
11
Feb
415
9%
110
118
974
Jan
9%
Co
Petroleum
Iron
(Un
3%
335
11%
Feb
13
Jan
10%
10%
160
10
Jan
IIV4
Jan
v
4
74
2%
2%
50
2 %
Feb
2 74
Jail
28
—
28
200
27%
Jan
29 Va
Jan
2c
Jan
6C
Jan
8
Jan
Co
Paper
Co
International
Tel
Kaiser-Frazer
of
Tel
(Un)
Corp
Co
(Uni
Loew's
Inc
McKesson
445
a—
—
8%
American
Tel
Baldwin
Tel
&
Locomotive
Chrysler Corp
Publishing
6
500
25
130
8
100
1.25
1.45
2,100
16%
17 74
1474
1474
a
Corp
iUn»
v>
VV478;V'
340
5
6
Jan
24%
Hr
Corp
2674
Jan
8 74
Jan
1.45
Jan
16 Vt
Jan
Jan
18 V*
Jan
1474 Jan
1474
Jan
(Un)
American
Co
Pacific
Aircraft
Oil
300
Inc__
Jan
4,400
1.45
Jan
2%
400
2%
Jan
274
54 Va
Feb
55%
Jan
14%
635
14%
Feb
1474
18
150
18
Jan
18%
10
100
10
Feb
10
610
12
Jan
1374
3,000
965
17%
17%
al6 al6!4
Jan
20c
11%
34
150
16%
Jan
1774
16%
Jan
17
Feb
1174
2.65
Jail
2.15
240
29%
29 %
19%
25
33%
a
1,390
8
Jan
32%
Jan
19
Jan
19
Jan
30%
Jan
33%
Feb
preferred
25
34
34
224
34
Feb
3574
Jan
preferred
25
27%
27%
180
27%
Jan
2838
Jan
*
53
53
340
51 %
Jan
53 Vb
Jan
Pennsylvania
Airways Corp
RR
Co
Co
Co
a874
100
8%
Jan
255
23%
Jan
16%
16%
267
Feb
17%
Jan
8%
8%
240
8
Jan
97a
Jan
49
49
305
49
Feb
19%
*
Republic Pictures Corp (Uni
Republic Steel Corp (Un)
1214
1
Inc
Co
Shell
Sierra
2314
100
Corp
4%
4%
250
4%
Jan
19
101
19 %
Jan
67 %c
67%c
6714 c
70c
800
26%
28%
2,046
674
6%
2,460
19
19
19%
814
a27%
A
6%
Oil
pfd
Inc
Co
of
Stone
&
Texas
Texas
&
Gulf
$3
preference
United
Gas
3
Jan
27 34
Jan
Electric
Columbia
Gas
Duquesne
Brewing new common
Fort
Brewing
Pitt
&
Jan
1674
Feb
17%
Jan
162
1034
Jan
11%
Jan
474
Jan
5%
Jan
5
38
62%
Feb
Feb
2,248
674
Jan
774
1,334
17%
Jan
18%
Feb
17
1674
1774
2,798
16
Jan
17%
Jan
3574
3574
36%
40
35%
Jan
36%
Jan
7%
22
2274
4,486
20%
Jan
2274
Jan
25%
24%
25%
222
23%
Jan
25%
Feb
36
36
377/s
526
36
Feb
4074
Jan
21 Va
2174
839
20
Jan
'2174
Feb
27%
28
431
26%
Jan
28
Feb
Jan
*
.2774
.
22%
2274
78
2074
Jan
2374
4774
47%
48%
556
46%
Jan
48%
53 %
5274
5374
253
5274
Feb
60%
Jan
74
74
50
74 Jan
18
Jan
2%
274
570
2%
Jan
2%
Jan
4474
4474
100
4474
Feb
44%
Feb
19
19%
467
19%
Jan
-
2 Vb
•
—
■
—
19%
Week's
Jan
1874 Jan
Sales
Range
for Week
of Prices
com
$3.50 pfd-__.
Pittsburgh Oil & Gas
Pittsburgh Plate Glass
Pittsburgh Brewing
Pitts
Screw
6%
Feb
High
6%
Jan
1374
13%
1374
141
13%
Feb
14 74
Jan
11 Vb
11%
116
10%
Jan
1174
Jan
5
9%
9%
974
472
9%
Feb
10
Jan
974
252
974
Bolt
&
974
22%
2274
50
3774
377s
3874
157
23%
.23'A
2374
96
8 %
8%
50
2074
20%
650
374
1,098
*
:
5
Fireproofing Corp
10
5
*
5
10
—-T-
3
'
Jan
10 74
Jan
Jan
23%
Jan
37%
Jan
39 %
Jan
2174
Jan
24
Jan
8
Jan
8%
Jan
2074
Feb
274
Jan
23%
3%
Feb
Jan
32
Jan
30%
2%
2%
200
2%
Feb
2%
Feb
•-j--
3274
3374
365
32 %
Jan
35%
Jan
8%
Jan
32
301
8 %
8%
57
8
Jan
Feb
8c
57
Feb
57
Feb
50c
Jan
60c
Jan
4,300
55c
8c
25
28
100
57
55c
*
—1
Co
974
2174
r
32
*
Corp
Pittsburgh Steel Foundry common
Renner
10
11 VB
10
Mackintosh-Hemphill
Mountain
Fuel
Supply
Nat
Range
Low
6%
*
1
Co
Gas
Star
Shares
High
6'4
1
Manufacturing
Lone
Low
*
:
Harbison Walker Refractories
Joy
7c
Jan
9c
Jan
20
'
San
1
Mining
Spring—
Toy
Standard
Air Brake
Electric Corp
Westingnouse
Westinghouse
—
—
1
Steel
15%
15%
1574
70
14%
Jan
16%
Jan
•
12.50
32%
32
32%
249
31%
Jan
3474
Jan
23%
24%
134
2374
Jan
26%
Jan
Jan
Jan
Jan
430
17%
Jan
19%
Jan
814
250
*v4
jan
8%
Jan
a27% a27%
20
25
St. Louis Stock
Friday
27%
Jan
2734
Jan
17%
1,065
16%
Jan
1774
Jan
37%
602
37%
Feb
39%
Jail
50%
108
American Tel & Tel (Un)—
47%
Jan
50 74
Feb
Bank
a
3 314
a35
100
38%
Jan
38%
Jan
Brown
10c
II,000
9c
Jan
10c
Feb
Burkart
Par
22%
1,300
20%
Feb
24 74
Jan
Coca-Cola Bottling
21c
2,000
21c
Jan
28c
Jam
Falstaff
Brew
20%
21%
1,848
20%
Feb
237-4
Jan
General
Electric
common
28 %
358
28
Jan
29
Jan
25%
656
24%
Jan
25 74
Jan
Huttig S & D common .
Hydraulic Pressed Brick
International
34%
Motors
Shoe
(Un)
common
35
372
34%
Jan
35%
Jan
46%
46%
598
46
%
Jan
49 7b
403
143
Jan
150%
9% Jan
9%
Jan
Jan
31%
Jan
18%
Jan
25%
Feb
25 Vb
Jan
Jan
Jan
9%
9%
9%
25
30%
30%
30%
25
18%
18%
175
1-1
1
25%
18
25%
25%
2474
24 %
25
190
17
Jan
25
Jan
24% Jan
—J•
3774
3774
38%
266
3774 Feb
40 %
6 0 74
59 %
632
62%
Feb
28Va
Jan
21%
Feb
Feb
30%
175
17%
Jan
21%
Jan
Knapp-Monarch
2,695
61%
Feb
67%
Jan
Laclede-Christy
2774
2774
50
21
21%
740
5 774 Jan
27% Jan
19% Jan
39%
39
24
3974
24
711
100
38% Jan
21
Jan
397/a
__
24
Feb
42%
42%
44
562
40% Jan
44 Va
Jan
8
13%
1,055
8
Jan
8%
Jan
405
13
Jan
13%
F*b
6%
2,435
5
Jan
34
8
13 Vb
5%
33%
115
10
33
Jan
22
Feb
—
6
pfd
35
21%
10
1
Brew
'rv
5
50
62%
Jan
a1778 a183a
61%
62%
38%
39%
487
38%
a68% a71%
362
150
13 %
13%
(Un)
common
34%
61%
147% 148
14774
High
Low
Jail
1——
common
25 %
2514
—100
Range Since Jan. 1.
High
~1
common
20%
Low
Shares
3
common
Mfg
for Week
of Prices
15
Bldg & Eqpt common
Shoe
Sales
Range
Last
17%
Exchange
Week's
Sale Price
STOCKS—
13%
Gas
Jan
Laclede
Steel
Shoe
common!—
—*
1
—
5
common
common
—
4
common
Jan
40
70%
Jan
72%
Jan
Landis Machine common
13 %
Feb
14
Jan
__
20
25
common
1
17%
17%
18%
673
17%
Feb
21%
Jan
10 %
1014
10%
833
1074
Feb
1174
Jan
North
30
30
30
140
287s
Jan
30
—
22
34
22
21%
21%
21%
17
17
17
10
—
16%
16%
75
Jan
21
Jan
16
15% Jan
25%
& Supply common—*
Missouri Portland Cement
25
Piping
American
25
51%
*
a
50c
415
51%
Jan
54%
Jan
105
61
Jan
61
Jan
St
125
11
Jan
11
Jan
Scullin
65
15%
Jan
15%
Jan
Sears
22%
Feb
25 7b
Jan
Sterling Aluminum common
10
Jan
1174. Jan
Stix-Baer
12
Wagner Electric common
10%
15%
a
15%
22%
22%
23%
693
2
10%
10%
10%
3,482
all%
a
*
common..
51%
a
10
__5
10
(Un)
60% a60 %
al0%
a
com
25%
25%
100
23% Jan
11%
al2
70•„
11%
Jan
7b
Jan
1st
100
preferred
Louis
Public
Steel
Roebuck
&
Service
class A
&
5'A
__
*
Co (Un)
Fuller
131
—
50
*
common
common
*
38
18
3774
1
14
14
5
15
t
13%
45
13%
...;;i44 ;
.
75
6% Feb
34
Jan
22
Feb
21%
Feb
17
Jan
16%
Feb
25%
Feb
Feb
Midwest
Ric.p-Stix
5774
130
1074
Jan
•
42.
2,788
16%
1074
774
1
page
6274
16%
Jan
5
1974
6%
25
*
see
59%
.
*
28 %
Transcontinental & Western Air
Jan
Sale Price
common
Griesedieck-Western
Corporation
51 Va
5
—13%
Co
Blaw-Knox
General
(Un)
Feb
1874
25
Tidewater Assoc Oil Co
48 VB
Par
Arkansas Nat Gas Co
General
.-=•
515
Last
Jan
(Uni___
49%
Friday
Laclede
Co
48%
18
STOCKS—
Jan
common
Jan
Jan
7
Pittsburgh Stock Exchange
28%
68 %
7%
1874
7%
5
_
Feb
a
Jan
Jan
1
_
Improvement
27%
*
Jan
674
1674
1
437
(Uni
57%
50
50
»
—
28%
common
footnotes,
_
27%
Preferred
For
United
_
3074
25
Sulphur
Transamerica
Mining
Corp
17 74
(N J) (Un)
Jan
Jan
1,675
'1.1
•
Jan
18%
51
714
9%
18 >4
50
Tonopah
Jail
70c
20~%
a
ri
•
21c
•
133
Jan
Jan
874
Jan
Jan
110
17%
21%
common
Feb
*
56%
1074
com-..
Co
16%
(Un)
Inc
25%
30 34
22%
A—25
874
Jan
106
13
Jan
2274
common
Paper
Oil
29%
(Un)
Company (Un)
Textron
Jan
Feb
25
Webster Inc
Co
Scott
1,171
(Un)
Sunray Oil Corp
Reading Co
1,305
class
110
5474
16%
•
common-
30%
Studebaker Corporation (Un)
Swift
preference
16%
Calif
Standard Oil Co (Ind)
Standard Oil Co
div
Gas
Si
16%
Company
Brands
$1.40
El
9c
25
12%
9%
6174
-III-3
30%
__
1174 Jan
48 Vb
common
common
15
preferred
Standard
Electric
com__25
preferred
4.32%
Standard
87a
Jan
50
*
160
10
com
37%
a33 %
11%
11%
50
25
4.48%
Co
Jan
Jan
25c
class
14
57
17%
15
preferred
Pacific
Feb
al8%
30
Calif Edison Co Ltd
Gas
23%
al8%
•
Calif
Feb '
24%
1
OilCorp
Socony-Vacuum Oil Co Inc (Un)
Southern
-
I,111
Sinclair
So
8
Feb
Feb
1
4.88<7e
12%
Jan
•
Trading Corp
Southern
Jan
2%
5
new
Jan
31%
700
1.75
Co
Signal Oil & Gas Co
Jan
34
3
5
& Co
Oil
20%
Jan*
25%
6 %
Jail
Jan
2%
a
Jan
Jan
24%
Signal Petroleum Co of Cal
.
2314
26%
Company
Union
400
1
Schenley Industries Inc
Security
8
53
Jan
27%
2%
1
Company
Finance
823
'
19%
24%
1
Inc
St Regis Paper Co (Uni
Roebuck
12%
8
,
23%
2.50
Stores
Seaboard
1214"
974
24
34
*
Richfield Oil Corp common
Sears
50
391
16%
50c
Mfg Co
Safeway
200
a27 a28%
a27
1
common
19%
a34% a34%
*
.
Republic
Oil
8Vs
*
(Un)
(Un)
Aeronautical
Jail
24
*
Ranch
4 74
a8%
of America (Un)_
Radio-Keith-Orpheum Corp (Un)
Ryan
Jan
24
25
Radio Corp
Drug
4
a8%
33 74c
Co
1,230
1
(Un)
Petroleum
4%
50
Phelps Dodge Corp (Un)
Puget Sound Pulp & Timber Co
Inc
4
(Un)__2%
(Un)_
(Un)
150%
1874
Jan
Feb
450
2,950
1st
Paramount Pictures Inc
—
h
common
Jan
red
American
23%
Jan
18
Feb
110
8%
32%
_*
Jan
14374
5574
Jan
2.40
al9%
3314
1
_
Jan
Feb
2.15
29%
"
6%
Corp common
Packard Motor Car. Co (Un)—
__
preference
Corp
Jan
9%
8
10
21 >4
1,556
874
5
__
Jan
15c
15c
10 %
25
High
477
Vt
23%
22%
147% 148
Feb
~ 12
15c
2.15
Low
High
110
•
Range Since Jan. 1
Shares
Jan
1.90
5%
Rice
4%c Jan
2,000
Jan
9%
»
Pacific Lighting
Rheem
Jan
23 74
10
RR
Public Service
Feb
100
1
1
Pacific Finance Corp of Calif
Pacific Gas & Elec common
2 74
12
12
1
(Un)_—
Jan
18
100
Co
1%
1.75
10
(Un)
a~
a__
547b
1
(Uni
(Uni
Ry Co
135
1474
a
—.
*
Corporation Ltd'
North American Aviation Inc
Rexall
3c
3c
'
div
$1
Phiico
Sun
10
141
»
Corp
Philadelphia
Jan
1.20
54 Vb
<
_1
Nordon
Oil
Jan
Feb
Jan
8
2%
54 %
5
(Un)
174
1.70
1.70
1
1
Fabrics
Central
a327a a33%
1%
(Un)—*
Lehigh Valley RR
Pennsylvania Salt Mfg
Feb
Mallinson
Pullman
Jan
'
Jan
Jau
National
Pure
Jan
7%
Low
—!__10
46 74
1.05
Distillers Prod Corp
Pepsi-Cola
26%
4774
Jail
Sales
_
__
Feb
6
_
.
42%
a24%
_
Navigation
&
722
17 Va
Inc
—
for Week
—13%
Corp
Brothers
Coal
4374
Feb
Co
Motors
Gimbel
Pennsylvania
Feb
Co
General
Jan
8
a3374
Jan
Feb
Range
* :
Battery..
56%
17%
&
Storage
Feb
9.5c
Petroleum
Eiectric
574
1
—
ai.
Jan
Week's
Pennsylvania Power & Light
195
18
Jan
10%
674
7
Jan
350
(Un)
41
a__
Jan
26%
*
Feb
95c
Co
—
46%
of Prices
I. "2%
5074
—
Feb
50
11%
■
Co
360
1.25
Jan
70
50
_
Curtis
427b
a2474
2%
7774
a
210
3c
13
com
Delaware Power & Light com
2,390
/
Jan
6 74
6 74
147%
......
9
17%
Inc
Works
50%
••
12 74
a46% a4774
100
_
Bankers Securities Corp
Budd Company
Pennroad
.
95 c
Robibns
_
5074
—-
Jail
.
a23% a24%
„
*
American Stores
Feb
1
National
Pan
a__
Sale Price
10
Jan
1774
Ohio Oil Co
20
674
STOCKS—
Lenigh
a
—-
1
&
York
al5% al5%
•
Jan
1
Nash-Kelvinator
Northrop
7
*
.
Monogram Pictures Corp
Oceanic
10
574
10c
Manufacturing
Northern
10
9%
7
Oorp
Montgomery Ward
North
Jan
1.25
(Un)
Merchants
New
31
325
Company
Oil
Menasco
Jan
Jan
6%
1
(Un)
Magnavox Co
Mascot
13 Vb
3074
48% a48%
a
4
(Uni___
Lincoln Petroleum Co__
Aircraft
Jan
230
9%
5
Company
McNeil & Libby
Lockheed
Jan
13 74
30 7b
imtm
*
I.ane-Wells
f,v
1.05
250
30 72
*
Corp
Lt
Gas
1.15
13%
15
(Un)
1,275
Jan
10
1374
-
(Un)-.*
(Urn
8%
17,000
1.10
*
Can
8
,
10
County Land Co
Laclede
8%
6c
1
&
Copper
5c
25c
33 %c
Corp
Nickel
Libby
10
Last
Jan
5,750
100
Corporation
International
•j.
a__
300
Friday
Jan
4
11%
■
Feb
40
10
10c
Jan
3%
'
38
3974
10
.
Jan
11%
— —
731
38
al074 al0T4
__
1
10
___
Jan
2,775
Jan
86
a
Jan
a—
69%
77%
__
*
(Un)
Jan
2%
192
—-
11%
80
a2%
•
Philadelphia Stock Exchange
Jan
%
l
__
RR
International
Kern
101
a2%
__
Jan
3.74
11 Vb
*
Imperial Develop Co Ltd
Independent Exploration Co
Kennecott
Jan
.a—
30 74
Feb
85
50
a
_
Central
Interlake
2774
240
al2 al2%
__
•
«■
Co
.U—W :
45
Feb
3
—6.6674
Hupp Corporation
9%
■
1
Hunt Foods Inc
Intercoast
3,448
38
5
(Un)
Inc
Jan
2 8 74
Par
Oil
Hilton Hotels Corp
Illinois
2 7 74
77%
'
a40%
Jan
a4074 a41%
f
(Un)
Feb
25
a—
———
44 Vb
1
*
4174
a2%
10
Bakeries
Co
3974
•
Co
Motors
W-)
Jan
275
Feb
25
Zenda
(F
Jan
2074
—
1
(Un)
7%
20'74 Jan
Feb
12 Va
Oil
(H D)
Willys-Overland
Woolworth
Jan
62 74
Consol
Karap's
Co
High
Jan
120
674
a23% a23%
10
Corp
Westinghouse Elec Corp
Jan
38
Steel
Low
50
a85% a87V4
__
5
Warner Bros Pictures Inc (Un)
Western Union Tel Co
(Un)
Jan
7 Vb
Jan
55
a42 a42%
•
3
310
Feb
1074
4
de
Rubber
Range Since Jan. 1
High
a6%
2774
10
States
Van
1,639
a61 V a61
•
common
Jan
305
States
Universal
Jan
■
25
common
50
_
65c
Jan
12 Va
*
—
55c
61 %
—
—
25
Co
Jan
a__
a__
3,770
all
—-
*
(Un)
3,300
4
2
common
GOc
306
306
1
Corp
50
a22% a22%
California
-
a38%
United
Jan
*
of
(Un)__*
Corp
Shares
2074 a20%
a38% a3974
a20%
United
Jan
12%
21%
Oil
& Carbon
Low
(Un)___*
Film
for Week
a6%
1
i
Pacific RR Co
(Un)
United Aircraft Corp (Un)
United Air Lines Inc (Un)
United Corp (Un)
a._
Jan"
13
Century-Fox
Carbide
Union
(Un)—
Union
a._
20%
1
<B F) Co (Uni
Goodyear Tire & Rubber Co
Hudson
Jan
400
(Un)
Goodrich
Holly
9
5
Nat'l
Corp
&
Twentieth
200
(Un)
Corp
Util
Jan
13%
i
Corp
Motors
General
874
21%
(Un
Radio
Co
Feb
Tri-Continental Corp
21%
A
Merchants
&
7
480
Jan
Sales
Range
of Prices
Par
17%
a674
25%
a6
Week's
Sale Price
High
Jan
13%
Light Corp (Un)
Tele
.
17%
4
Corporation
General
245
1,720
STOCKS—
50c
Corp
Ltd
Co
*
,
Inc
Products
Electric Bond & Share Co.
Exeter
9%
1
Inc!
Co
Industries
Electrical
Electric
7'/a
9%
1
Aircraft
Dresser
7
*
A
Low
9%
5
(Un)
4
Last
Range Since Jan. 1
High
17%
1
Company
Curtiss-Wright Corp
Low
17 %
1
(Urn
Corp
FEBRUARY
Friday
Shares
17%
•
Continental Motors Corp (Un)
Creameries of America Inc
EXCHANGES
ENDED
for Week
of Trices
WEEK
Monday, February 7, 1949
Sales
Last
Sale Price
STOCKS-
FOR
CHRONICLE
131
20
5%
38Vt
14%
13%
45
131
Jan
20
144
4% Jan
18
Feb
3774 Feb
300
500
609
14
Jan
13
Jan
43% Jan
250
18
- -
_
131
574
19%
Jan
Jan
Jan
39%
Jan
15
Jan
13%
Feb
46
Jan
COMMERCIAL
THE
Number 4775
Volume 169
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Range
Alleghany
Co
Sale Price
of Prices
Corp
(Un)
....
American Airlines Inc
American
Power
(Un)
2%
l
—
20
_
High
Preferred
&
Light
San
Stan
*
(Un)
(Un)
American Smelting & Refining
American
Tel
Tel
&
American
Woolen
Anaconda
Copuer
Co
&
Armour
Atchison
Alias
Co
Corp
Montgomery Ward
&
Co
20%
Feb
2%
Feb
2%
Jan
Nash-Kelvinator
7
Jan
8%
Jan
National
20
Jan
Imperial
Avco
Mfg
Ohio
&
Barnsdall'Oil
Beech
Fe
100
50
Ve
50
8%
Jan
8%
Jan
Natomas Company
13%
50
13%
Jan
14%
Jan
N
53Vo
170
53'%
Jan
53%
Feb
North
American
Aviation
1,638
143%
Jail
149%
Jan
North
American
Co
North American Investment com
22
Co
Aircraft
(Un).
ItR
35'/4
335
35'%
Feb
37
Jan
34
571
33%
Feb
34%
Jan
6 'c
30%
793
28'%
Jan
30%
Jan
North
a7%
a7%
20
7%
Jan
7%
Jan
Northern
Jan
Oahu
Home
98%
a
a98%
155
100 Va
Jan
102
6
a
102
a-_
—
—
51/8
51/4
450
4%
Jan
5 'A
Jan
6%
%%%-
Steel
Bethlehem
6%
100
6%
Jan
71/2
alO
50
320
340
69
319
a45Va a45Va
50
a__
a33Va a33'/a
__
'
..
_____
100
10
10%
a—
100
10%
Jan
355
Jan
••.'
Jan
Jan
Airplane
Borden Co
1
2.45
—5
Bunker
Hill
Calamba
(Un)
Co
__
Sullivan
&
—
Calaveras
Cement
California
Ink
32%
Feb
33%
13
1,540
10%
Jan
14V4
Jan
2.55
3,968
Oceanic
Oil
Oliver
Preferred
Canada
*
Sugar
Pacific
Caterpillar
(Un)
Pac
Gas
Jan
2.60
Jan
6%
Jan
22%
Jan
40%
Feb
5 'io
35
21 1/2
Jan
22
Jan
5%
7%
614
Jan
8
Jan
Pacific
7%
7
825
Jan
6
Tractor
12%
a
GO
.
7%
46%
Jan
1st
Central
Eureka
^hesaoeake & Ohio
Milw
Chicago
Preferred
Jan
361.4
Colorado
Fuel
Preferred
52%
Feb
•
54
10%
Jan
10%
Jan
13%
Feb
14%
Jan
Pacific
Tel
-
a28 % a29 Va
234
29i%
Jan
30%
Jan
Pan
Jan
1.80
32
Jan
34%
Jan
Paraffir.e
30%
Jan
3 2 V2
Jan
Cjlumbia
Broadcast
Gas
Columbia
River
System
System
32%
a30!4 a30%
1.30
6,950
a32% a32%
a30'/4
a
348
60
,
56%
457
53%
Jan
57V4
__
46
44i%
Jan
45
Jan
524
56%
17%
a
25%
Jan
28
Feb
17%
50
16%
Jan
18%
Jan
13%
150
18%
Jan
19
Commonwealth
& Southern
Commonwealth
Ind
10% all 1/4
Natural
Co of N
Consolidated
Continental Oil Co
of
Creameries
(Un)
Corp common-
Curtiss-Wright
Co
—
—
Giorgio
Class
B
A
common
Doernbecher
Donnnguez Oil
1st
Dorado
pfd
Bond
Electric
of N
Co
13%
200
8%
200
5'%
517
5%
Cement
3314
32
33%
9,206
30 %
Jan
34 %
34%
34%
1,754
a31%
a32
120
Emporium Capwell
Eureka
Farnsworth
Radio.
&
Tele
Jan
Jan-
13Ve
Fib
8 1
8
Feb
33%
Feb
13
Feb
Jan
Jan
6
34
Jan
35%
Jan
31
Jan
32%
Jan
28%
■.
1,505
531
57
16
16%
Jan
29 V4
Jan
27%
Jan
28%
Jan
53
21
104
Jan
54
Jan
Jan
Jan
104
210
52
Jan
58
563
16
Jan
16%
Jan
25
24%
92
__
608
24%
Feb
25
Jan
%
Jan
951%
Jan
Jan
138%
Jan
,
103%
92
04
377
91%
138% 138%
15
135'/2
39
100
Co
4%
1,150
a9%
98
iUn)
com
Companies
Co
a8%
*
1
(Un)
a8%
17
24
50
(Un)
4
17%
'Uni
Co
4
•
common
Pictures
39
•
(Un)
Airways
RR
10
24.
18%
Jan
Feb
39
4
Jan
4%
Jan
8%
Jan
9%
Jan
17
Feb '
20
150
23%
Jan
24
Jan
325'
16%
Jan
17%
Jan
1,150
8%
Jan
9%
Jan
49%
5°9
48%
Jan
49%
Feb
13% /
232
13
Feb
15
Jan.
56%
Jan
56%
16%
8%
8%
9Vb
48'A
.
Feb
39
2,267
24
16%
48V4
__
33%
^_25
Jan
100
conv
Jan
Pullman
Pure
31/4
1,170
2%
Jan
3%
Jan
Radio
Corp
of
26%
26','a
470
25%
Jail
26%
Jan
Radio
Keith
©rpheum
43
325
42%
Jan
441%
Jan
Ry Equipmt & Realty Ltd pfd
221/4
1
Inc
Oil
:
4 1/4
Jan
America
Incorp
(Un)
a__
___
24%
9%
25%
3,460
97
129
90
8%
25
Jan
27 Va
Jan
95
97
7%
Jan
Jan
34%
Jan
Feb
31
Jan
12%
12%
1,119
12%
Jan
14%
Jan
8%
8%
100
57
57
57
165
a28% a29%
39
Preferred
—
Jan
Rheem
25
Petroleum
i
Co
7%
Jan
8%
Jan
50
Jan
57
Jan
28%
Jan
28%
Jan
Richfield
Oil
Riverside
Cement
Jan
91.8
2,525
71%
Jan
9'/a
466
9%
Jan
12%
Jan
Safeway
9%
10
446
9%
Jan
I2V4
Jan
San
5'%
5%
605
5
Jan
27
27'/2
820
27
Feb
34%
33 % -Jan
200
Feb
34
"''Feb
23
23',4
200
23
24%
25%
427
24%
10
a36'/4
a36%
a37
96
35%
Jan
35'%
Jan
1
18%
18%
19
340
18%
Jan
19%
Jan
;V
25
J a.J.
2634
Feb
Jan
28%
250
25
Jan
30 %
Jan
(Un)__*
23
23
23%
900
23
Jan
25%
Jan
1.
26%
26%
26%
80
Jan
27
Jan
Corp
•
class
Co
A
__
28 %
25%
Jan
101/4
34%
23
24%
Roos Bros
Jan
34%
1
*
Manufacturing Co
Jan
7%
21%
Jan
Feb
Feb
Jan
Feb
1
Republic
8%
18%
32%
28%
__
Republic Steel Corp (Un)
Reynolds Tobacco "B" (Un)-X
a__
Feb
100
common
Jan
50
Jan
6
150
_100
Jan
310
700
"a33>/8 a34%
___1
101/2
.
19%
Feb
6
•
Jan
9'/4
10
28%
(Un)
9%
9'/4
18%
6
28 %
__
20
a52% a52%
18%
50
*
431/8
a9%
6
•
(Un)
common
a53% a53%
7%
(Un)
Co
23
Jan
.
13
a53%
*
Jan
a634
»
6
&
W Fine
Foods
Stores
Maurico
Inc
__10
Inc___
P10
12%
12%
270
11
Jan
12 7
19
19
19%
350
16%
Jan
19%
7c
7c
8c
3,900
7c
Jan
9c
30%
31
70
37%
37%
__
5
Mining
,
.
28%
Jan
Santa
Portland
Cruz
Cement
30%
(Un)__50
30
Jan
528
Jan
31
Jan
39',s
Jan
37%
Jan
45
349
44%
Jan
45%
Jan
Shell
15
a33%
35
Jan
38%
604
1A °/4
Feo
14%
Jan
Signal Oil & Gas Co new class A
5
22%
22
22%
944
20%
Jan
24
al2
al2
17
Silver King Coalition
5
—
3%
3%
200
3%
Feb
21%
21%
•
a__
a__
—
Union
33%
35%
1,135
3J %
Feb
1.:,
'2
ltf
2,600
%
Jan
10
Jan
Sinclair
3%
47a
5,714
3%
Feb
71/2
Jan,
a24% a26%
174
24%
Jan
281/2
5%
Jan
6 1/8
Jan
(Un)
a33%a33%
6
Jan
Jan
3%
.
Feb
Jan
3%
a2G%
•
Oil
Soundview
•I
10
Jan
Jan
13%
45
1
Feb
«
12%
12%
1
.__
_
27%
55
100
Jan
•
-
27%
.'5
a52% n53%
1C4
100
Jan
10
Co
h28% a28%
*
Corp
22
5
Corp Ltd
Jan
::
"
10
com
Oil
42%
—
(Un)__
__
27%
(Un)
11 %
95%
a
Co
__
a52%
common
14
a6%
—-
Share
&
Jan
Jan
5
Jan
*
33
•
(Un)_
J
13%
Feb
13
25
Jan
9%
(Un)—
Works
Oil
4%
33
Jan
13
5%
Sears, Roebuck & Co
Kodak
Eastman
F1
Jan
2.65
Jan
30
25
8%
common
250
a
Co
Fields
13
25
Feb
8%
Co..
Mfg
Jan
33c
25'
Jan
5
com
Jan
Jan
5%
25
—
440
97
1
cl
14
25
23
25 %
_
(Un)
Corp
Feb
Jan
2.35
13
4'/a
common
prior pfd—
Puget Sound Pulp & Timber (Un)
5
Corp
Fruit
13
4%
5
Phelps Dodge Corp (Un)
Philippine Long Dist Tel Co
Phillips Petroleum Co cap
S
Di
15%
5
13'%
a6%
•
(Uni—
Feb
32c
30
13
4%
-5
4V4
9V4
♦
Publishing
30
*
20
(Un)
10%
a9%
5
—
•
22'%
'
1
Preferred
Curtis
Jan
500
4%
5
—
Jan
60
3,000
a42% a44%
_1
Inc
82 V4
Jan
32c
9
1
Zellerbach
Crown
(Del)
Amer
11 %
Feb
2.35
22%
a42%
'
Aircraft—
Vultee
Feb
32c
43
.;
15
—
—
Jan
10%
2.3d
30
—
»Un)__*
Y
(Un)
Co
Gas
11
a
82
1
160
——5
Consolidated Coppermines
Cons
122
11%
*
Motor
American
Rayonier
Consolidated Eaisun
11
1,862
25
314
A—*
class
82
11%
131/4
•
25
Chemical
___'
11%
131/4
a
__
Edison
Consolidated
Feb
a__
48
10%
82
*
Pig'n Whistle
a21% a21%
9
_
(Un)_
10
97
al6% al6%
jan
28
a
13%
—
_
(Un)_
10% Jan
12% •Jan
Jan
a43% a44%
A -2%
cl
(Un)
Packers
18%
Feb
11%
Tel
Pennsylvania
1.50
*'
Columbia
Jan
Jan
11%
130
10
17%
10%
Jan
1.30
1.30
20
.
10
__
382
7*0
672
•
20
___
a28 Vh
a
_
17%
10%
12%
(Un)
Service
Western
Paramount
—
Jan
17%
10%
11%
185
Corp
&
Preferred
Pacific
1
common..
__
__
10%
preferred
Jan
27
Iron
Jan
Jan
25
125
121/2
13%
1st
551/8
10
_
Jan
11
45%
:
Public
Jan
Co.
&
_
15%
Feb
15%
Fisheries
Portland
55 Va
._2.50
Chemical
Cicrox
Feb
47
preferred
120
25
(Un)_
14%
10%
10%
Aggregates
Light
Pepsi Cola
Cities Service Co
280
420
15%
redeemable
a53% a53%
—100
C'nrvsler Corp
Jan
Feb
Jan
14%
1
Pacific
Jan
k Pac—
trust ctfs
voting
21 %
15%
preferred
a53 %
_
_
(Un)
Ry
Paul
St
_
Jan
100
preferred
•
Co—
Mining
20
(Un)
Electric
•
Co__
Corp of America
475
Feb
'
Packard
Celane.se
5334
10
1st preferred
1st
$5
Jan
Jan
34
1,055
52%
a
13%
46%
37
35V2
52%
12%
a
25
„
10o
Cons__
Co
&
5%Fr
Feb
35
.
-1%
-
(Un)
Ry
Jan
45%
15%
Co
Coast
2.45
46%
35
.50
-
Ginger Ale
Dry
52%
10%
___1
(Un)
Can
40%
7%
—
273
14%
11%
(Un)___l0
Co
Pacific
22%
46%
*
Packing Corp common
Canadian
(Un)
common
United Filters class B
38
40%
7%
*
Co
53%
20 %
Ltd
Pacific
California
•
_»
__
Petroleum
Co
Onomea
a21 a21'/4
7%
Co
8
Ry
Co
Oil
Occidental
187
a21 a21%
a21
_1
_
Feb
10
1,050
40%
-2%
(Un)
Sugar
Feb
10%
100
Pacific American
a
Feb
33
2.45
15
_
4%
7'A
Jan
a21
__
(Un)
(Un)
10
11%
11%
53%
High
Jan
52
a—
>
32 Va
2
Holdings Corp
B_eing
10
10
—
Oil Co
Bisnop
Blair
33 Vac
0
Low
4
Jan
alO
*
(Un)
(Un)
*
Oil
Pacific
Sugar
Ohio
320
1
....
__
a
a22 a22 'A
22
a
a-.—5
Appliances.
Prod
(Un)_
American
—
/
5
preferred
30
Pacific
Bendix
(Un)
Corp
Distillers
Central
33V4
100
—
Y
351/4
.100
A.
Corp
148 Va
a
222
Jan
30%
5
(Un)
N
a
4'/a
20
%_/,
10%
33 V4
_—3
RR
al3%
—2.5(1
Engine
Range Since Jan. 1
High
10
Auto
35V4
100
(Un)_
Shares
7V4
•
100
a8
al47%
_5
_
(Un)
California
of
_
(Un)
Diesel
Corp
Baltimore
Bank
Bank
tUni
20%
8 Vb
147%
Co
Va
20
(Un)—
__
Alias
a
for Week
4%
—
10
Morrison-Knudsen
Feb
-50
(Un)
& Santa
(Un)_
Top
_.100
Sales
Range
of Prices
Low
*
__
2%
53%
•
National
(111)
13%
a
(Un)__*
(Un)
Mining
California
Anglo
Co
a
(Un)
20%
a 8
20%
a8Vs
•
(Un)
Cement
210
2%
20%
Range Since Jan. 1
Low
Portland
20%
&8%
^
Shares
Monolith
National
Radiator
Amer
&
Week's
Last
Sale Price
STOCKS—
Par
-High
20%
1
___
(Un)
Ltd
Factors
American
Low
*
(Un)
4
for Week
Par
Reduction
FEBRUARY
Sales
Last
31
EXCHANGES
ENDED
Exchange
Friday
Air
(635)
Friday
San Francisco Stock
STOG'KS-
WEEK
FOR
CHRONICLE
0
39
Jan
Oil Corp
(Un)
555
21%
Jan
23%
Jan
15
16%
16%
16%
1.724
16%
Feb
17%
Jan
—.5
25%
25'A
25%
2.400
25%
Jail
26%
Jan
(Un)„*
30%
30%
30%
580
29%
Jan
30%
Jan
25
Socony-Vacuum Oil
Pulp Co
a25%
•
(Un)
—
"
Food
Chemical
Machinery &
Foster
Kleiser com
&
-2%
5%
605
38 V4
38%
828
38
Jan
39%
Jan
4.48%
a417b a423a
87
41%
Jan
41 %
Jan
4.56%
2,224
57%
Jan
621/2
Feb
Conv
15i%
Jan
4.32%
Gerferal Electric Co
Food
General
Paint
Cum
i
(Un)
General Motors Corp
General
•
(Un)
Corp
—
—
Corp
a 421/4
10
61 %
59%
_
—
161/4
Jan
171/4
169
17'%
Feb
171/4
Feb
25
a
McBean & Co
-25
.
15%
17V4
_
62 %
15%
•
common
preferred
Gladding
•
25
110
25
Feb
25
Feb
110
State Co Ltd
4%
preferred
North
—
11'%
00%
20
a2%
100
Jan
preferred
:
Motor
Hudson
__
Idaho
Maryland
Idaho
Power
*
Co
Car
Hunt Foods Inc
_
Corp
Mines
of
_
a23%
33Vac
_
Canada
International Tel & Tel
Mining Co
—
a
2.00
...20
Nickel
International
al0'/4
(Un)__l
Co
Independent Exploration
IXL
.6.66%
_
(Un)_*
Oil
Co
of
Co
of
N
11%
Jan
18%
511
17%
Jan
18%
10%
a
Studebaker Corp
Kennecott
Kern
1
Corp
Copper
County Land
%
Co______-.-i-----_-.--L.
Salt
iR
L^Toumeau
I ibby
Gi
Lockheed Aircraft
Loew's
Inc
Magnavox
Marehant
Martin
13
Jan
Tide
Jan
10%
Jan
Transamerica
Jan
2.20
Jan
321/4
Jan
Union
Carbide
)0
Jan
Union
Oil
Union
1.90
190
321%
Jan
200
8%
Feb
4
264
9%
500
41d
41c
Feb
31 'A
Jan
9
Jan
9%
40C
Jan
100
38%
Jan
30'%
45c
Jan
39%
Jan
Oil
Co
&
Carbon
Aircraft
3,465
886
49%
Feb
55%
Jan
U
40%
43%
802
40%
Feb
46'A
Jan
Victor
Matson
Navigation
Menasco
Mfg
Mindanao
J
&
M
14%
Machine
Co
_
1
(Un)
18
—
Lode
Cons
1/2
50
8
280
Mines
(Un)..._
._P10
...
_
1
al7Vial7%
G
Feb
9
~
S
Steel
33c
26
Feb
27 %
Jan
18
232
18
Jan
20%
62%
3,862
61 %
Feb
67%
Jan
781
68 Va
Feb
7214
Jan
17%
17%
19
510
17%
Jan
20%
Jan
13%
13%
30
13%
Feb
14
Jan
671
49%
Feb
54%
Jan
Jan
18
10
■
14'% al4%
16
17%
—
footnotes
see
page
42.
Jan
49%
49%
22%
22%
52
23%
1,025
22%
Feb
25%
10%
10
10%
6,369
10
Jan
11%
Jan
11%
11%
207
10%
Jan
11%
Feb
—
*
38%
38%
39
690
38%
Jan
41%
27%
27%
28%
1,127
27%
Jan
30
Jan
13%
200
13%
Jan
1318
Jan.
12%
25
Jan
32
a
32
.
—
8
16%
—
—
Jan
Weill
Co
&
'
8%
5
—100
8%
Jan
Wells Fargo
Jan
Westates
Bank & U T
Petroleum
.__
25
11%
260
10n
Jan
13%
Jan
2%
2%
800
21
Jan
2%
Feb
77%
1.401
8%
—
69%
Jan
78%
Jan
8%
460
8%
Feb
9%
Jan
55
9%
Jan
10%
130
30
130
276
130
Feb
130
Jan
281
Jan
Feb
(Un)
1
Jan
14%
Jan
West Coast Life In'sur
ifi
Jan
18
Jen
West Indies
(Un)
Sugar
5
—
___1
279
30
86c
90c
6%
4,226
86c
Feb
1.15
Jan
221
6V
Jan
7%
Jan
15%
15%
25
15%
Feb
16%
Jan
a22% a22%
88c
1
14%
Jan
277
6%
100
common
i
(Un)
140
18
22%
Jan
22%
J«n
15%
319
15%
Jan
16
Jan
a65%
«B8
al5% alSr^
85
23%
24%
1,160
23%
Jan
26%
46%
46%
165
44%
Jan
47%
7
300
6%
Jan
I
23%
847
23%
Jan
23%
Jan
alO
alO
30
10%
Jan
11
Jan
Western
11%
12
1.340
11%
Feb
12%
Jan
Western
169
Jan
Westinghouse Elec Co-p
*
A
a24
11%
a9% al0%
•
_1
(Un)
(R)
441
a__
a...:
a23%
a—
-
Jan
a23%
1
Co____
a
1.75
13%
Jan
75%
5
10
(Un)
Pictures
Bros
1VA
Jan
—
—
Dept
Stores
Pacific
Union
RR
common—
Co
pfd
Telegraph
50c
]*%
100
a65%
(Un)
*
__
15%
10
a
a
•
a—
a—
a
1.75
600
31c
34c
21,150
22c
Jan
35c
Jan
Woo! worth
20c
20c
500
20c
Jan
22c
Jan
Yellow Cab Co
1.73T Jan
.
2.10
(Un)
(F W) -(Un)
common.—
_12%
_10
—
1
24'A
—
7
7-
7
/
For
Jan
68%
Corp common
Equipment
Western
12
-
218
Jan
Preferred
a
26%
25
Inc
a32% a33%
'
-
1.75
Co
M
all V2 all
23 3
a
(Un)_
Inc
16
5
Co_
Robbins
Mother
&
a
1
Calculating
32
8
a
(Un)
&
32
-.
Jan
26
61%
(Un)
common
(Un)
Corp
Lines
Corp of Del
634
—
49%
—
5
>
Air
51'%
/.
34%
Jan
10
common
Calif
of
United
6
7
Corp —*_
Jan
68%
Corp
Sugar
United
49%.
all Mi
34%
46
152
Jan
500
Ass'd
Water
6%
•«
Jail
380
887
35
61 %
Transcontinental & Western Air
2,332
Jan
41
..1
...
_
Co
(Glenn L)
McKesson
M
Inc___
McNeill & Libby_
10
-
Jan
34 %
34%
46%
2
6 6 V2
Jan
10
Warner
Leslie
35
Jan
25
(Un)
Company
Feb
13
49 V8
5
Company
Jan
29%
46
26
10
56
2.00
83
(Un)
McKee Co
Texas
60
a38 Va a38%
a
(Un)
Corp
283a
68'A
(Un)
United
Kaiser-Frazer
Feb
34%
3414
—
•
(Un)
J
95
30%
41C
_
Jan
27%
•
(Un)
Inc
735
101/2
30'4
*
(Un)
Corp
29%
102
Jan
60
9%
P2
_
Johns-Manville
Jan
25
Calif
Oil
Jan
8'A
30V4
a__
Jan
29
1
Brands
10%
a32% a33%
*
(Un)
___
28
29
27%
100
34'A
1
Standard
580
1.90
—
a
273
27%
•
Standard
10%
all 1/4 a 121/4
_
..
_
185
28 %
29
27%
29
25
Corp
Sunset
56
-_
f
pfd'ser A__25
Co
Standard
56
--
a
Corp
Gas
(Un)
Pacific
a__
.
10%
*
Pineapple Co Ltd
Oil
4.88%
California
preferred
Southern
15
25
:_
a__
a
183a
.
Hawaiian
Honolulu
preference
a25% a25%
28%
25
Jan
61
Jan
a
40
12%
Jan
59
60%
a40%
3
Greyhound Corp
870
a2V2
(Un)_*
non-cum
12 Va
a40'4 a41%
1
(Un)
pfd
Motors
Ry
12
100
.
..
Graham-Paige
Great
•
common
preferred
conv
Southern
6%
com
preferred
conv
Sperry
Golden
Calif Edison Co
Southern
5%
—
Jan
Jan
Feb
,
THE
(634)
COMMERCIAL
&
CANADIAN
RANGE
Montreal Stock
Canadian
FOR
FINANCIAL CHRONICLE
LISTED
WEEK
ENDED
Monday, February 7, 1949
MARKETS
FEBRUARY
4
Friday
Exchange
Week'*
Sale Price
Sales
Ranee
for Week
Sale Price
STOCKS-
Week's
Last
of Prices
Par
Low
*
Abitibl Power & Paper common—
$1.50
7%
Shares
Range Since Jan. 1
High
Low
High
preferred
National Steel Car Corp
Neilson (Wm)
preferred
15%
16%
3,773
15
Jan
17%
Jan
Niagara
20
20%
1,000
19%
Jan
20'A
Jan
Noianaa
24%
24%
255
21%
Jan
24%
Jan
Ogilvie
Feb
102%
Jan
Jan
102
102
15
52%
53%
951
58
57%
58%
1,491
57%
Feb
61%
__
102
52% Jan
Wire
Aluminum Co of Can
Amalgamated
Artrus
Corp
4'%%
Ltd
-25
25%
350
25%
Jan
26%
Jan
8%
8%
125
8%
Feb
8%
Feb
6%
•
26%
—
pfd
Corp
common
preferred
Corp
Asbestos
4%
Electric
6V4
6%
510
6
Jan
6%
Jan
Jan
""Too
a71
a71
10
68
•
25%
25
25%
1,085
25
Feb
26%
Jan
•
__
21
21
21%
577
21
Feb
23
Jan
39%
38%
39%
7,392
38%
Jan
41%
Jan
1.10
1.25
163,928
1.10
Jan
1.25
Feb
__
Power & Paper class
A
Bell
Telephone
Rights
Bralorne
Brazilian
British
25
1.23
Mines
*
Ltd
Trac
Light
American
Power-
&
Oil
British
Forest
Power
Corp
Columbia
Class
68
Jan
Class
B
class
A
Flour
Ottawa
Mills
Electric
Canada Cement
$1.30
Iron
Page-Hersey
Penmans
common
Placer
5%
Steamship
Powell
River
Power
Corp
Bronze
Canadian
1'iU
495
310
25%
140
25%
29%
29%
15%
5
31%
15%
730
-
Regent
24%
Jan
5%
Canadian
Celanese
$1.75
series
$1.00
new
series
Canadian
clas
A
28%
Jan
29 Vz
Jan
22
Jan
22y4
Jan
Jan
9 %
Jan
98%
98%
10
98
Jan
98%
Feb
14
14
2/225
14
Jan
14 'A
Jan
a36
a37
90
35%
Jan
20%
20%
2.687
19
Jan
20%
22
20
22
Feb
23 Vz
Jan
18
18
50
13%
16%
14
226
16%
20%
Alcohol
16%
20%
Oil
Cockshutt
Consolidated
Consumers
&
Leather
Co
Ltd
Dominion
36 y2
Jan
Dominion
a
13%
47
26%
Southern
18
Feb
18
Feb
Jan
14%
Jan
7%
16%
Feb
17
Jan
Twin
13
a
25
22 y4
Jan
5%
Dairies
Dominion
United
Feb
Jan
13%
Jan
Walker
Jan
47
Feb
Weston
13
.
26%
27
215
26%
28 y2
Jan
11%
Feb
Jan
11
11%
1,340
11
Jan
11
11
50
11
Feb
11%
32%
33%
1,290
32%
Jan
36%
Jan
15
405
12%
Jan
15
13
Jan
Lime
Hamilton
inc
1927
260
23
Feb
30
Jian
23
50
23
Jan
23
Jan
16%
16%
1,865
16%
Jan
34 Va
1,212
31%
Jan
a20'/2
4%%
57c
27
35%
__
16%
Jan
27
35%
350
35%
Jan
38
34
Jan
34%
16%
2,029
16%
Jan
17%
40
23%
Feb
24
25
30
21%
Jan
25
24
50
21 y2
Jan
25
__
21Va
21%
425
21%
Jan
21%
11%
11%
3,671
11%
Feb
12
Jan
al65
al65
10
18%
18%
30
a25
__
a25
16
15
15
15
575
14%
15
355
26
26 %
85
26 %
87
al7%
106
110%
26
87
27
87
4
al7% al7%
70
106
106
110% 110%
25
Jan
25 y4
Jan
16%
Jan
17
Jan
14
;■
Feb
Jan
14%
14 y2
15
Feb
14%
Feb
15%
Jan
24
Jan
27
Jan
26
__
a8%
Jan
'
87
Feb
17%
Jan
17%
Jan
104%
Jan
109 %
Jan
2
Jan
14%
435
14
52y2
52%
50
52
a8%
y4
106
.110%
2V4
Feb
Feb
Jan
15
Jan
Jan
15%
Feb
52%
Jan
Feb
17
Jan
81
29%
Jan
30%
10
45%
Jan
46 Vz
Jan
*
50y2
50 y2
51%
3,031
50%
Feb
56%
Jan
17%
171/4
173/4
8,393
17ya
Jan
common_5
13%
13%
14
1,652
13%
Jan
14 Va
Jan
25
25
25
120
24%
Jan
25 y4
Jan
*
20%
20 Va
20%
1,175
20
Jan
20%
a83 a83%
10
83 y2
Jan
85
Jan
Jan
97
Jan
97
97
100
8%
__
•
8%
500
8%
97
Jan
91/4
Jan
19% Jan
8 Va
Jan
8%
Jan
21
21
22
58
20
Jan
24
Jan
34
34
34%
2,877
34
Feb
36
Jan
15
52%
52 Va
54
1,725
;___*
52 y4
Feb
58
103
Jan
103
103
4
102 y8
Jan
•
1031/4
Jan'
10%
10%
11%
53
14 Vz
14 y4
12
12
Ltd
•
common—
common
A)
Feb
20
Jan
Jan V
18%
7%
6
2,760
Jan
7%
Jan
Jan
135
81
Jan
83
Jan
85
275
83
Jan
85%
Jan
7
125
,v.i 7
Jan
7
Jan
7
•
7% 7%
35
82%
475
6%
Feb
82%
Jan
<
71/2
Feb
Jan
a24
a24
10
24
Jan
26
Jan
16
16
200
15%
Jan
16%
Jan
26%
Jan
*
•
,
27
26%
27
1,250
Feb
28%
23%
23%
23%
525
23
Jan
23%
19
19
19
70
18%
Jan
19
•
28 y4
28 %
32
1,632
281/4
Feb
34%
Jan
'___100
a99'/2
a99
a99'%
27
98
Jan
98
Jan
405
41
Jan
43
Jan
220
25i/4
Feb
25%
Jan
common
Electric
common
Limited
:
*
preferred
[
43
43
43
25%
25%
20
20%
195
20
23
1,525
993^
Feb
<5
a28%
Jan
25y2
V
Jan
22%
a28% a28%
25
25'/2
10
_■,
Scotia,
25%
Feb
Feb
10
...
20%
Jan
24
Jan
a28%
Jan
25%
26
Jan
26%
Jan
35%
35%
145
34'A
Feb
36
Jan
25
25'/4
1,455
25
Jan
25%
Jan
a50
10
Royal
a50
$5,000
50
Jan
50
Jan
25%
1,752
BONDS—.
Montreal Light Heat & Power-—
3 7c
notes
_1949
__
Montreal Curb Market
Canadian
Funds
Week's
STOCKS-
Sale Price
Steels
Bathurst
Ltd
Power
Paper
class
Belding-Corticelli Ltd
Belgium Glove & Hosiery
57c
&
Co
British
Ltd
Columbia
Class
British
.
_
Canada
&
Packers
Canadian
5
165
Feb
40
900
cl
A—*
12
..
.
Feb
Jan
11
16%
Feb
16%
Feb
50c
Jan
1.15
Jan
11%
Jan
Jan
12
45
6
6
320
6
Jan
106
106
25
106
Feb
106
Feb
1541/4 1541/4
5
1541/4
Feb
156
Jan
.100
•
1
12%
6%
Jan
Jan
3%
4
7,792
Jan
4
Jan
100
102
100
103
625
100
Jan
103
Jan
#
20%
20%
22
515
20
Jan
23
Jan
48%
48%
35
48
Jan
50
Jan
10
32
Jan
32
Jan
A__'
class
10y4
165
6
3%
•
Ltd
100
12J/4
106
com—*
*
..—
a32'% a32%
3%
common______5
7%
7%
100
100
90
90
90
90
Feb
90
Feb
13
13'
70
13
Feb
13%
Jan
30
27
Jan
28'%
Jan
;
Vinegars
165
95c
Sugar
Ltd
Co
preferred
Jan
165
10%
Malting Co Ltd
Starch
77c
6Va
16'%
__
Canada
Jan
Jan
10%
Ltd
_
Canada
12%
6
90c
..
Dominion
Jan
25
16%
Company common
Canada
1,200
165
_
Preferred
Brown
100
12%
a5%
*
Pulp & Paper
High
12%
a5%
A
Packers
......
Low
_._^^20
class
Range Since Jan. 1
High
a5%
«
B
Columbia
Shares
12%
•
com
:
Millen
B
1—
preferred
Brand
Low
•
&
for Week
01 Prices
Par;
Atlas
Sales
Range
Last
Ltd
13
*
Dredge & Dock Co Ltd—
Canadian
Gen
Investments
•
27%
27%
7%
Feb
8'%
Jan
Canadian
Inv
Light
Canadian
Power
&
&
Pow
167/a
Feb
17%
745
21 y4
Jan
22
3'%
100
3%
Feb
3%
33
Jan
33'%
Jan
2.00
Jan
Co——100
Inv
Ltd
com..-*
Vickers
•
Canadian
7%
Ltd
common
preferred
Canadian
__
*
27
33%
200
2c
2c
103
23
205
22%; Jan
23
Jan
74
76
175
74
Feb
79
Jan
115
138
Jan
143
74
100
Lumber Co
Westinghouse Co
Cassidiy's Limited 7
140 141%
3'%
Steel
Prod
Claude
Neon
General
Ltd
Adv
Ltd
30
51
Jan
51
12
inn
12
Feb
12
Feb
11
25
11
Jan
11
Jan
12
11
40c
'
50c
2,300
100
80
80
88
618
•
5%
5%
5%
182
A——*
a35c
a35c
a35c
33
*
Alcohols Ltd
45
"50%
Jan
59%
14'/4
Feb
15%
Jan
525
11%
Jan
12
Jan
Consolidated
Lithograph
10
16
70
21%
Jan
23
Jan
Consolidated
Paper
Consolidated
Textile
3%
25c
54
3%
Jan
Jan
60c
Feb
Jan
Jan
Jan
100
Jan
Jan
6
Jan
Jan
507
Jan
4,125
51
;
com__*
Preferred
Commercial
Jan
'3%
"
common..
2.00
3%
*
preferred—__ 100
Chatco
33
51
3
t
Ltd
Jan
Jan
Feb
/:% 23
'
*
53
21 y2
21 Va
26J/2
27%
Feb
12%
Jan
Consolidated
Div
Stand
common
cl
Sec
466
26%
Feb
29
Jan
Jan
19 y2
Jan
5%
35c
Jan
19
19
19
125
19
14
14
14
385
14
Jan
14%
9'/2
9y2
300
9V2
Jan
9%
Jan
Dominion
7
7
325
6%
Jan
7%
Jan
21%
Jan
22 y2
Jan
Dominion Square Corp
Dominion
Woollens
&
15
Jan
Donnacona
16
Jan
16
Jan
10
27
Jan
28'%
Jan
17
17%
3,507
17
Jan
•
11%
11%
100
10%
Jan
12'%
Jan
•18%
19
65
18
Jan
19
Feb
•
com
17 '/8
,
-
18
Jan
Jan
gy2
Jan
64
*
Co
Ltd—
Mills
35c
16
a28% a28%
20
Mfg
Corp
*
2iy2
21%
137/8
14%
;___*
17%
•
40
20y2
'
5%
preferred
1,022
1,396
13%
Jan
Paper
17%
18
115
17%
Jan
18 y2
Jan
Eastern Steel
35
290
35
Jan
3 5 y4
Jan
Esmond
635
19%
Jan
__
23%
33
42.
V
&
class A
50
Linoleum—-—•
Co
-*
._
Worsteds
*
31
31
30
31
Feb
31%
Jan
38'%
38
38%
533
38
Jan
39
Jan
—
58
58
60
58
Feb
58
13
13
200
13
Jan
13%
Jan
19%
19%
2,595
19'/4
Jan
20'/4
Jan
*
—
19%
Ltd
Feb
Jan
20 Va
51Vz
21'/4
51 Vz
Products Ltd
East-Kootenay Pr 77o
200
51
Jan
33
33%
75
28
Jan
40
Jan
Federal
22Va
100
Oilcloth
35
•
*
'
David & Frere Limitee
21V2
Tramways
Murphy Paint Co
907
21%
3%
•
Pap
14 y2
13%
Montreal
17%,
21%
3'%
Canadian Silk Products cl A
10%
•
Montreal Telegraph
167/8
21'%
Trust
Inter
4,075
•
<.
•
•
common
Canadian
Preferred
___*
(Robt)
Ltd
Ltd——-—"'
Canadian Industries
*
A
18
82I/2
7
Worts
Feb
81%
>
■»
&
98%
81
85
1
Feb
Jan
85
81'/2
Corp
Jan
17%
82y2
•
common
Jan
30
'
7
,
25
*
_
page
7'/4
17
Jan
17%
10
Jan
98
177
18%
Jan
16%
Banks—
JanS
•
Canada
Co
18'/4
a
16%
30
Feb
a83y2
____♦
see
18
al8'/2
100
preferred
Canada
130
Massey-Harris
footnotes
18
■>
Preferred
5
275
Jan
Jan
14'/4
16'/4
28 %
85
200
15%
Jan
46
Ltd
Molson Breweries Ltd
Montreal Locomotive
.
•
common
Jan
2
McColl-Frontenac Oil
For
:■
Jan
18%
75
■
165
Feb
2
14%
Jan
18%
29%
Class B
Mitchell
1,210
165
a8%
common
class
16%
17
___<■ '
Jan
liy4
*
Export
Jan
...
Jan
46
common
Ltd
Jan
25
Jan
__25
(John
Jan
48%
Jan
Jan
24
5
Ltd
24%
Feb
23%
Jan
23%
26 Va
Ser
Woods
Jan
46'A
500
*
Jan
14%
Utilities Corp
(John)
23%
150
24
100
'
Jan
5
16%
_____100
Ltd
1,898
V: 47
24
Feb
35%
a34% a34%
50
Jamaica
MacMillan
26
100
International
Bros
861
17
Power
Lewis
27
141/4
International
& Sons
26%
29Vz
common
of
24%
461/4
V
Feb
23%
•
___.,
Lang
Feb
22
17
Petroleum
the
8
Feb
46
___;
Paper
preferred
of
Jan
Feb
22
100
International
Lake
20%
8
5
14%
International
Labatt
Jan
15
50
6%
Pub
20
a8
a22
25
preferred
International Nickel
23%
24
461/2
a
Jan
•
Bronze
Jan
•'
_____!
Canadian Western
International
Jan
42%
common
Canada
(Geo)
Zellers
.;:Jan
25
*.
preferred
$4.00
55
35
a5
•
Ltd
preferred
a20y2 a20'/2
18 y2
»
a22
50
,
Corp
86
Jan
23
33 V4
•
common.,
Alabastine
Acceptance
Feb
41%
20'%
*
:
preferred
Indust
83%
722
10
100
_
Imperial Tobacco of Canada
4%
119
42
10
100
Mining & Smelting
Oil
Feb
84
41%
IViuatlCell
24%
Jan
Jan
83%
10
23
jan
41%
Imperial
23
141/4
24
Commerce
23
Jan
140
Canadienne
23
22% Jan
13%
Feb
Jan
Jan
10
20%
Feb
Jan
101
Jan
Feb
23
Jan
___•
Howard Smith Paper common.
$2 preferred
Imperial
s
140
122%
•
common..
Bridge
Hudson Bay
■
15
Feb
Jan
/.Vs. 9%.
Jan
65
108
101
'
23
7,161
*
—
&
9
952
108 1151/4
•
Bakeries Ltd
Gypsum
16 •:
13%
14%
loo
pfd
Feb
13%
'■17%
20
preferred
4%
8%
8%
225
Jan
*
Wares
25
8%
21%
Feb
.»_1
common
Goodyear Tire
Jan
a8%
15%
__
Enamel
&
Heating
Prod
Players Canada Corp
Foundation Co of Canada
General Steel
Jan
25%
20%
12%
________
preferred
17%
Jan
a8%
20
100
Famous
5%%
Jan
25%
Friday
Eddy Paper Co class A preferred
Corp
r
General
16
10
al40
Power
Gooderham
Winnipeg
5%
Jan
415
23
Ltd
5%
11%
16%
•
715
*
Power
jan
2,311
common
Paper
preferred
li
14
*
Electrolux
5%
20
16%
a25% a25'/2
101
*
7%
Gatineau
Jan
15%
111%
trust certificates......
*
preferred
—_____23%
Dominion Textile common-.
•
Co
Jan
60
101
Voting
Gair
16%
Feb
15%
Red
Co
Feb
13%
—
preferred
Donohue Bros Ltd
15
53
14
•
Dominion Tar & Chemical
305
1,080
15%
16%
Steel
Jan
15'/2
54 '/a
Feb
15
35
&
42%
Feb
33
7% preferred
—20
Dominion Steel & Coal class B__
25
Dominion Stores Ltd
Fraser
of
Steel
13
34 V*
Dominion Glass common
Dryden
Canada
Biscuit
13%
•
Foundries
Jan
15
16%
'_ -50
I
City
46%
25
common
40%
al40
com
preferred
7
■
47
11
*
preferred
1,185
53
;
A
preferred
Co
50
13%
11%
,
5%
411/4
Jan
al40
corn-
!
Standard Chemical
13%
360
22
13
——
/■
•
preferred
Jan
84
Power
61
Co
Viau
•
6%
Jan
19%
100
Wabasso Cotton
Bridge 4.
Dominion Coal
63
Feb
41
common.
preferred
Jan
A
Jan
16
10
VzVo
Jan
25
class
62
460
a98 a98 %
4
Southam Press
39
Seagrams
25
16
45
22
*
Distillers
37
840
Feb
—5
5
115
315
Nova
Davis
38%
38
17
Jan
Glass
Jan
Jan
Jan
63
30
2iy4
•
Smelting
22
17y4
20%
•
Mining
Jan
30
37%
100
Too
Railway
20%
16%
90
Plow
575
*
100
common
!_■_
___.
211/4
*
2,977
*
Companies
5% preferred
Canadian Pacific
Jan
*
37%
*
*
Canadian
Jan
43%
99
class
21%
Canadian Locomotive
18 y2
Jan
common
Ltd
37%
'
■
•
Jan
42%
y2
15
__
Breweries
21%
class A
Class B
18
50
Voting trust certificates
37%
*
100
43
Jan
22
Sicks
Simpsons
Wilsils
Canadian Ind
18'/2
43
Jan
15
--
*
18%
13%
Series A 4% preferred
Sherwin Williams of Canada
155
v[-/'T4'
*
23
21
Shawinigan Water
21%
Foreign investment
Jan
__
Jan
135
— —
Canadian
21
53
•
Jan
22
___*
59
1,670
41
[
15%
a37
20
pfd—20
common
Jan
21%
all% all 1/2
common
33
22%
a
*
Cottons
54 V2
21%
—
Jan
26 y4
1,900
21%
25
..
Feb
Jan
150
59
Co—
Feb
Class B
Canadian
Jan
Jan
Jan
21%
_
Mills
25
_
21 y2
21
*
Flour
.25
25
___.
Converters
Jan
Jan
16
•
preferred
20%
*
21
Jan
104
57%
''
*
preferred
a9%
:
*
common
Jan
_
Paper
preferred
7 7o
22
9%
Lawrence
2nd
14
20
104
38
•
$1.60 pfd
Lawrence
Jan
98%
_»
•
A
20
Jan
63
preferred
1st
Steel
Class
104
21
•
Jan
17
Jan
a9%
common..—_*
Canadian Car & Foundry common
23%
43
__
Knitting
St
Jan
Jan
15% al5%
Quebec Power
2nd
3%
*
Canners Ltd
Jan
1
Rolland Paper common
St
3
2o%
29%
•
22
•
Transport
Jan
Jan
Jan
32
Provincial
f!
*
St Lawrence Corp
1st preferred
2%
5%
_«
common
1,143
Jan
Feb
__
50
Breweries
Canadian
22%
104
_
Canada
Jan
2%
15%
_
preferred
Canadian
22%
22%
*
_
Co
of
Jan
25%
51/4
•
common.
19%
310
*
Canada
41
57%
—*
com_
Development
24%
250
a
[00
Jan
_
common
25%
3
31%
.10
Corp
Canada Safeway Ltd 4 V*%
pfd_
Jan
26
__
Power
40
■
J—'*
i_.
Tubes
Ltd
Jan
3,950
15%
.20
Foundries
Northern
38 y2
180
—
0-
common__a——
Heat & Power
Jan
2%
*
preferred
Canada
Canada
18%
25%
5
common
Jan
40%
•1-
Rwys
23%
3
5%
*
37 y4
:%;j 40
'
•
!
Ltd
25
385
31%
*
_
Building Products
Bulolo Gold Dredging
1,683
Feb
3
*
.
3,681
24
9.40
Jan
26
*
Ltd
19%
8.65
25%
25%
2%'
A__•
cl
B
Mills
100
23%
25%
•
Products
9.40
18%
23%
~~~25
Columbia
Bruck
19%
common
Preferred
British
9.40
_
•
High
,
818
*
Price Bros & Co Ltd common
Bathurst
v •:
_100
Weaving
Mines
Ottawa Light.
•
Ltd
Low
38%
Jan
-100
52%
Aluminium
Range Since Jan. I
High
37%
40
-
Ontario Steel Products
56
Shares
38
—25
•
Prices
Low
•
common
16
_*
-
Breweries
20%
20
preferred
Acadia-Atlantic Sugar class A
5% preferred
National
for Week
ot
Par
Friday
Sales
Range
Last
STOCKS—
Fonda
.
38
22Va
150
22%
Feb
23
.Jan
Fleet
51%
Jan
Mills
Fairchild
Ltd
Aircraft
Grain Co
Ltd
class
15
7'%
16
___20
1.05
7%
165
7
a23
1
a__
16%
250
1.05
200
16%
Jan
7%
a—
Jan
___
Jan
16%
Jan
—
*
1.90
1.05
Feb
1.25
Jan
6%
-,-5
A—
Manufacturing Ltd—
7%
a23
preferred—_100
preferred
6%
100
6%
Feb
6%
Feb
1.90
2.00
1,550
1.90
Feb
2%
Jan
Volume
169
Number 4775
.
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(635)
CANADIAN
RANGE
Friday
Week's
Range
Par
Ford
Motor
Co of
Canada
class A
Foreign Power Sec
6%
cireat juaKtS
Co Ltd
Class
"
A
Paper
red
Low
♦
pfd
24
•
Co
MacLaren
M)
Paper Co
Power &
Maritime
7%
(Waiter
Lta
Teleg
cum
&
Tel
a3
15%
38%
9
25
8%
26
Jan
a3%
Jan
Jan
16
Jan
Feb
40
Jan
2%
25
•;
Feb
2%
Jan
9 %
9%
Power
Maxwell
preferred
Acadia-Atlantic class
&
Paper
Moore
Royal
Co
Mills
_5
•
•
*
Sangamo Co
Southern
101%
102
6%c
6%c
6%c
•
17%
100
17%
Jan
18 %
Surpass
6%
3,260
500
6
Jan
6%
Feb
1.10
Algoma
Feb
85c
Jan
Yellowknife
Standard
Ltd
Jan
Aluminum Co
Stowell
Screw
Ciass B
Gas
29 %
Feb
Amalgamated
73%
of
Larder
Bouzan Gold
9%
Jan
Feb
Anacon
5i/a
5%
6
350
5
Jan
6
Jan
Anglo
20
20%
150
109
109
109
130
53
53
54
132
53
Jan
54
Feb
al4 al4%
46
,,14
Jan
15%
Jan
Apex Consol Resources—
*
Aquarius
1
18
Jan
Area
1
18%
100
•
'
•
•
pfd
.
•
•
18i
18
18
175
18
18
25
10%
10%
112 % 112 %
100
:
*
A
41c
20%
Jan
Jan
110
17% ian
Dev
&
Mines
10%
Jan
112%
Feb
Preferred
a15
9
8%
375
al6
Jan
45c
Jan
14
Jan
15
Jan
8
Jan
8%
17
Jan
17
54c
Jan
5
;
1
552
16
Jan
16%
Ltd
Ltd
Mines
Consolidated
Co
Jan
Feb
Atlantic
J an
21
Feb
Astoria
12%
50
12%
Jan
12%
Jan
a30
5
35
Jan
35
Consol
Central
Consol
Duquesne Mining
Explorations
Ltn
Cortez
Cadillac
Cournor Mining Co
Mines
58c
11,300
50c
Feb
65c
5,000
10c
Jan
10 %c
Jan
36c
Auto
4,000
20c
36c
Feb
8c
5,500
6%c
Jan
8c
21,800
53c
Jan
65c
Jan
6%c
15,500
6c
Jari
7 V2c
Jan
25c
179,000
9 Vac
Jan
25c
Feb
20c
136,900
13c
Feb
2%c
1,000
2c
Jan
2,500
5c
Feb
39c
Ltd
5c
2,000
7c
Jan
13c
Duvay
East
Gold
Mines
25c
Jan
32c
Mines
14c-;
15c
a50c
5c
13 Vac. Jan
10,540
a50c
4c
16c
a50c
Feb
a58c
4c
Jan
5c
Malartic
East
Mines
Sullivan
PMona
Gold
Fontana
Ltd
Mines
750
13c
Jan''';
18c
17%
2,010
15%
Jan
17%
23c
25c
8,000
21 %c
Jan
25c
Mines
Mines
12 %c 13 %c
26,000
16%c
2,30
3.00
1
67c
2.30
2.95
3.20
12%c Feb
100
2.25
2.95
Jan
_1
2.33
6%
6%
Lake
Gold
Mines
Goldora
Mines
Feb
3.45
69c
7,500
65c
Jan
78c
Goidvue
Mines
Ltd
Heva Gold
Hoilinger
1,500
3V2C Jan
4c
Cons
Gold
International
J-M
Consol
Jack
Lake
Louvicourt
Mines
Ltd
5
Ltd
1
Gold
Metals
Ltd
7%c
49,600
a44c
200
3,400
Goldfields
Mines
New
Anger
New
Marlon
Mines
Power
7c
Jan
15c
12c
Jan
16c
Jan
68c
Feb
94c
Jan
12%
Jan
12%
Jan
11c
Jan
14c
Feb
10c
Jan
13c
13c
68c
103% 103%
—
33c
30c
38c
3.40
3.55
5%
5%
22 %c
26c
22,275
9c
9c
26
25%
26
35
35%
290
*
.1
10
5%c
A
Grenada
Gold
Pandora
Cadallic
125
43%
43%
____■*
'
43 %
-
9c
$39%
9c
Bobjo
Mines
Bonetal
Pato
Cons
Gold
a44c
Feb
a44c
Feb
Boycon
Labrador
Manganese
Quebec
Yellowknife
Gold
Red
Crest
Gold
Rochette Gold
Santiago
Mines
Mines
common—
11%
Bralorne
Brand
10c
1,000
10c
Jan
10 %c
Jan
Boymar
11%
Feb
53c
Jan
Jan
15%
Jan
1,125
42c
11,800
63c
11%
Jan
13%
Jan
45c
54%
1,515
11%
100
5,000
13c 13 %c
4%%
Packers
Columbia
Power
11%
Jan
12'/a
Jan
12 %c Feb
12 %c
Jan
3.50
6,350
3.05
Jan
3.70
Class B
10%c
Jan
13c
Jan
1.75
1,100
1,500
15c
Jan
16c
2,533
4%c
Jan
7%c
Jan
3.65
3.65
3.65
13c
13c
1,500
13c
5%c
6c
3,000
4%c
66c
65 %c
67c
26,475
60c
6%c
6c
7c
13,000
6c
1.95
Bruck
Jan
400
3.55
Jan
3.75
26c
80c
1.00
25
25
25
50
19%
18%
19%
2,460
6 %c
6 %c
4,200
13 %c
_s.
Mills
class
Jan
67c
8c
Jan
4%c
3%c Jan
Ltd
_—l
13c
13c
6c
Jan
14c
v
10c
Feb
14c
Jan
44c
500
41c
Jan
48c
Jan
35c
Feb
42c
Jan
42c
Jan
53c
Jan
1.59
1.60
600
1.59
Feb
1.60
Jan
1.63
1.70
2,100
1.49
Jan
1.90
Jan
Vlnray
1
1.65
50c
50c
55c
1.20
1.10
1.24
18,400
3%c
3%c
2,500
13c 13 %c
1,050
2.10
36,250
__l
Malartic
I
Mines
Ltd
1
Amulet Mines Ltd
Westville
Wilstey
Mines
»
Ltd
Coghlan
1
Mines
Ltd
Jan
2.57
Jan
8%c
7c
48c
Jan
British
Dev
Dom
Oil
&
•
Lid
3%c
•
Jan
4%c Jan
10%
Jan
14%
9c
10,000
7c
17c
Jan
1.28
Jan
18,000
.
,
4.90
4.75
5.30
6,900
34c 36 %c
12,500
*
Corp
tx
Jan
Jan
10c
»■
Jan
36c
Jan
4.45
29c
Jan
5.30
Jan
Jan
36 %c
Feb
Feb
1.65
Jan
1.20
Oils
*.
Ltd
*
New
Pacalta
Oils
Co
Western
Royalite
South
Oil
Oils
.
30c
Jan
89 %c
1.17
15,500
.3,914
89V2C Feb
1.35
Jan
13%
Jan
12
12%
12c
2,000
14c
Jan
5%c
5%c
1,500
5%c
Feb
6c
Jan
2.75
■
15c
*
.
Jan
Jan
5V2C
»
page
12c
25c
2.75
100
2.75
Feb
3.00
14c
Jan
15c
3,800
Jan
17%c
Jan
28
*
1
Ltd
see
Jan
4,500
1.20
12c
Co
footnotes,
10c
26c
12%
Brazeau
For
7,700
25c
500
28%
460
23Vfe
Jan
20c
28%
Jan
21c
7,300
20c
Jan
22c
Jan
12
Feb
»
Ltd
Omnitrans Exploration Ltd
Pacific Petroleum
Pan
11c
1.00
1
10c
25c
.
1.20
10c
♦
Decalta
42.
5%c
Jan
29c
7,837
26c
Feb
36c
Jan
9.50
2,095
1,815
Jan
9.50
45c
Jan
1.25
25
Jan
25
18%
Jan
19 %
Jan
6c
Jan
6%c
Jan
-■
8.65
Jan
Feb
;
Jan
Jan
23%
24%
3,020
23 %
Feb
25%
25 %
345
25'/a
Jan
25%
Jan
88%
89
60
88 %
Feb
90%
Jan
Jan
24%
5
100%
Jan
101%
2%
Jan
3
B___
■»
A
.
6
6
320
*
25%
26
431
Jan
'
2%
2%
2%
1,050
34c
34c
37c
13,800
.
Jan
:6%
Jan
26%
5% Jan
Jan
"
*
.
—
—__1
34c
33c
1
1
34c
15%
15%
:
Canadian
25%
2%
28c
Jan
3 % vjan
Feb
Jan
*5 37c
15%
3,100
185
Jan
37c
15%
Feb
17
16c
Jan
24c
32c
1
Feb
*v ••
'•"
r
Jan
.
Jan
'
21c
20c
21c
2.55
2.65
4,050
1.92
Jan
14 %c 15 %c
Red
li%c Jan
13c
2.55
•
Lake
18,900
14 %c
Feb
1
8c
7%c
7,800'
8c
*
31
32%
*
I
Calder
class
13%
13%
*
2nd
preferred-Edmonton
;
&
Callinan
Flin
Calmont
3.05
20c
Jan
Jan
Jan
9%c
Jan
360
31
Feb
33
Jan
400
12%
Jan
14%
Jan
Jan
5,100
:
7%c Jan
Canada
4 % %
Flon_
common
400
4,000
7
Jan
8%
6c
Jan
9c
Jan
Jan
16%
16%
48
16%
Jan
17%
5.85
5.85
6.15
4.200
5.85
Feb
6.60
7%c
7%c
7%C
-
41c
3.00
40c
2.88
*
preferred
2%
100
2,000
2,150
40c
8,200
8%c
3
200
2.70
2%
Feb
Jan
54c
6%c Jan
41c
3.10
Jan-
Jan
3.10 Feb
Jan
3
Feb
Feb
Feb
86
130
85
Feb
86
25%
331
24%
Jan
26%
Jan
29%
29%
160
29
Jan
29%
Feb
10
22
22
70
22
Feb
22
Feb
6
6
500
6
Feb
;6
Feb
47
48%
150
47
Feb
50
*
common
Foundry
85
25%
20
Cement
Iron
*
8
7c
•
1
Preferred
Canada
7c
1
Bread
7%
•
Oils
Campbell Red Lake
Canada
7%
_„1
Linen
Calgary
^
A__
Bousquet
common
Machinery
Malting Sh WArr
*
Canada
Northern
Packers
—
*
Canada
—
*
Canada
Power
class
~
v
Canada
Permanent Mortgage
Canada SS Lines common
Canada
Class
Wire
&
Cable
class
Jan
Feb
16%
Jan
100
191
188
191
123
186
Jan
*
Canners
Jan
14%
Jan
37
Feb
79%
30
79%
Feb
79%
Feb
26%
24%
Jan
26%
Feb
6%
Jan
26%
25
6%
,30
23%
•
20%
20%
20%
17%
17%
530
17%
24%
25
150
24 y4
Jan
17%
Jan
•
*
new
common
24%
17%
|
17%
17%
6V2
Jan
Jan
1,340
23
Jan
24
Jan
3,419
19%
Jan
20%
Jan
210
18
Jan
Jan
25
-<
Feb
18
Jan
13%
13%
100
13%
Feb
14%
Jan
16 V2
16%
16%
145
16'/4
Feb
17
Jan
20%
Feb
22%
Jan
25
37%
37%
37%
105
36%
Jan
39
Jan
*
27
27
27%
420
26
Jan
28%
Jan
*
20
1
13%
35%
23
common
Dredge
40
225
6%
A
Preferred
14
37
23
common
Jan
14
'
37
6%
20
Canadian Celanese
192
79%
■—,
10
preferred
Car
9%
37
-
*
of
preferred
Canadian
9%
16
*
Canadian
Class
Feb
65
Commerce
Breweries
Canadian
10O
i6y4
*
B
Canadian
1st
9 %
16
A
Canadian Bakeries
Bank
Jan
9%
16
50
Canadian
Conv
47
*
B
Preferred
Co
Feb
Jan
Jan
Feb
24c 25 %c
1
73c
,
1.10
011 Stocks—
Anglo-Canadian Oil
18c
3%c
V12c
23%
Canada
Waite
Jan
5,000
3,705
Ankerite
Caldwell
Jan
12c
1,000
24,100
12c
10c
44c
917
Ltd
13,010
3
Burlington Steel
Jan
11,700
Mines
18c
3%c
__u__**
Building Products
Jan
3%c
47c
Asbestos Corp
Jan
4c
Feb
Jan
47c
United
Jan
15c
25%
A___—
Buffalo
Jan
3,050
Trebor
16c
Feb
Jan
101
;
._—
Buffalo
Jan
9c
1,000
Ltd
Jan
14c
3%c
500
101
Dominion Oil
Buffalo
Jan
Feb
Jan
38c
Mines
Feb
3%c
2%
Buffadison Gold
Jan
2.42
Cons
Jan
51%
Jan
1.70
35c
Sullivan
12 %c
-A
•
class
"^roulan PorcuDine
Jan
6%c
5%c
1
Jan
> \ 12
Jan..~i
'■
Jan
12,000
Jan
1,000
,
Feb
,50?
100
Feb
22c
20c
6c
Mines
.
100
Products
Columbia
2.25
Iron
11%
.
■
Forest
British
36c
Rock
16c
pfd
preferred
Columbia
British
20c
5c
•
4%
Jan
2.25
Steep
Elec
Jan
He 11 %C
10%c
Feb
12%jC Jan
25
Columbia
70c
15c 15%c
50c
Jan
33c
*
Preferred
55
3.20
___1
5
Jan
3%c
1
common
Jan
20c
>
Oil
Feb
3%c
Ltd
2,500
3,300
9.20
*
4
50c
51
3,000
Jan
Jan
5
Jan
6c
(1944)
A
..
American
British
Feb
36c
15,400
53 %
5.00
25c.
Qi
40
9(V
•
Millen class
15
1
Mines
11%
51%
3%c
1
Mines
&
42c
42c
500
1
Stadacona
Jan
9.30
Brantford Cordage preferred
25
Brazilian Traction Light & Pwr com
•
39c
Ltd
6.00
100
3%c
Feb
Sherritt-Gordon Mines Ltd
Mines
6.00
Feb
Siscoe
Gold
Feb
14c 14 %c
Jan
3%c
Co
Jan
1.25
>
Jan
417/8
Jan
51%
13 %c
12%
___"
Ltd
11c
Jan
1.10
9,200
Jan
Ltd__l
Senator-Rouyn Ltd
Jan
38%
268,920
14c
11%
7%c
'
Mines
8c
13,542
1.25
13 %c
2,685
Ltd—
Mines
10,400
39%
14c
12
400
1
Jan
15c
British
•
Jan
1,130
Jan
2,000
Mines
Feb
49
12,200
12c
42c
Development
6
Jan
5
12c
Burrard
Quebec
Quebec
Jan
_1
Brewis Red Lake
1
5%
43%
33c
Jan
13%
Mining Co Ltd
Jan
5
Pershing
Jan
Dredging Ltd
___1
Piccadilly Porcupine Gold Mines Ltd—1
Pitt
23
3%c
Feb
Gold
Feb
29c
Feb
1.73
20%
20
Jan
5c
65C
30%c
___.
4c
1.75
37
400
9c
Jan
Jan
v'i. 53c
6.00
*
___.
Gold
52c
1
35%
Jan
1.10
38%
1
B
Bonville Gold
2y8c
1
Jan
6
20%
50:;V
Jan
_*1
Jan
22%
Jan
11%
Ltd
36
Jan
27C
/,
Jan
British
Mines
Feb
6
5c
12 %c 12 %C
Gold
Jan
35
20%
_*
9c
15%
Mines
11c
26%
60
Gold
Corp
Feb
11c
Feb
Jan
75,600
2^
Kirkland
Ribbon
Jan
3.35
5%
-
Jan
36
—
Feb
6c
60c
11c
50c
5%
25%
1
2c
1
Jan
600
36
1
Sons class
3c
___*
Feb
3.65
480
53c
Gold
2,000
1
,"•)
Jan
38c
Jan
36
preferred
7%c Jan
Jan
Quebec
&
9,500
57c
103%
*
Jan
17c
—57c
—
1.24
4c
54%
Jan
3.30
1
ll%c Jan
Jan
16c
50
24c
103%
2,700
25
42c
5
;
198,500
3.50
1
Yellowknife
2%c
39c
12
5
1
500
42c
O'Brien Gold Mines Ltd
Jan
15,500
100
—
42c
1
Normetal Mining Corp Ltd
Norpick Gold Mines Ltd
9%c
9c
8,500
12 %
Ltd—
Jan
7%c
*
2%c
1
Mines
Jan
13%
21,000
___——
class
3%c
Ltd
Gold
14 %c
Feb
215
17,500
15%
Mclntyre-Porcupine Mines Ltd
Mining Corp of Canada Ltd
Jan
14,000
12
9c
1
Ltd
8c
Jan
1 Pr
6c
1
Ltd
Feb
11c
B
British
Macdonald
12c
6%
12
11c
____1
Ltd__
Ltd
--J
Jan
10c
Mining:
1
Mines
•!
Feb
8c
Jan
10%c
10c
__
Jan
20c
ioc
Scotia
1
Ltd
Ltd
Mines
'
70
Jan
4,000
11%
11%
Jan
17c
12c
9c
Mining Co ___1
Mines
Mines
Addison
Shore
Mines
Uranium
Gold
Mines
Joliet-Quebec
Lake
Goid
67%
10c
11c
9c
_______1
6%
50
1,000
1
_r
Toronto—
Rldgood
Jan
5%c
1
Mines Ltd
Hudson-Rand
Kerr
1
340
69
12c
10
Nova
Bertram
Jan
3%c
6c
Ltd—
Ltd
Jan
20c
lie
Bordulac
God's
6%
.
69
10
Bevcourt
Jan
67c
7%c
Jan
5,000
Telephone
Rights
'
^
a44c
Formaque Gold Mines Ltd—
23c
14c
_
of
Blue
3%c
___1
Jan
12 %c
Consolidated
Beaulieu
Jan
Ltd
Ltd
15c
12 %c
Bell
Feb
1
9,000
980
common
Beatty Bros
Jan
25c
~.1
18c
Feb
Jan
18c
16
Ltd
16c
8,140
7,100
___
of
Class
Jan
18c
1
*'Jan
Montreal
Bathurst
Jan
7,000
of
Base
Jan
167
<
17V4
Ltd
9c
72c
preferred—
Bank
Feb
___»
Ltd
Jan
1
Electric
Belleterre
Gold
7%c
7c
12%
,
Bank
Jan
5,500
____'»
Dome Mines Ltd
Dulama
35c
Jan
12,500
12%
Mines
Bankfield
Feb
32c
1
:
Jan
6c
8c
70c
Gold
Bank
Jan
,
30c
15c
17,500
9,500
24c
6Vac
8c
______„1
Bagamac Mines
Jan
3c
;
5c
4%c
35c
6c
6c
Jan
59c
13c
1
24c
30c
12%
r
&
Aunor
Feb
8c
____1
Jan
•
Oil
Wiborg
Aumaque Gold
Jan
8c
Ltd__l
Ltd
Co
Jan
10%
Jan
1
:
5.30
Jan
1
Atlas Yellowknife
5c
Mines
Jan
8.90
10
A_
Atlas Steels
9%
1
Ltd
4.40
700
•
9
15
2%c
Ltd
class
(1937)
50
22 Vac
19c
37,555
9.50
<
1
Hardware
478
53c
24'/4c
5.30
9.35
•
•
Ashley Gold & -Oil
6%c
1
Jan
4.70
1
21
30c
1
Jan
68c
4.90
1
Feb
7 %c
57c
Jan
20c
Feb
20c
9%
50c
1
38c
Feb
50c
Jan
10 %c 10 %c
___
Jan
12 %c
41,000
_100
_.
Ashdown
Jan
5
common
_________i—______
Arjon Gold
Armistice
Feb
5
Corp
a30
____1
35c
20,100
60c
Warrants
Argus
9%
*
Mines___
Mines
.___
12%
Ltd
Mining
Mines
18%
21 >r
2,500
14c
50c
•
Porcupine
Jan
45
100
35c
12 %c
*
Jan
al6
"
Oil—
35c
13c
54c
1
Rouyn
10%
41c
245
1,650
35c
Anglo
111%
7,923
16 %
*
26
16c
Jan
33
%
16
26
15c
1
;
__7
Anglo-Huronian
Jan
Ault
Centremaque Gold
Feb
*
Canadian
140
a15
,
Yellowknife
Jan
42c
8
Nepheline
26
1
Lead
18
41c
3%
*
—
19%
109
25
Mines
American
f
20
Candego Gold Mines
•
Cartier-Malartic Gold Mines Ltd_____l
Celta
Jan
Jan
pfd
_.
Mines
Jan
9%
Ltd
Mines
Jan
18c
Feb
Ltd
Gold
26%
Jan
Band-Ore Gold Mines Ltd
Base Metals Mining
Corp Ltd
Lake
Jan
Jan
9%
Aubelle
Bob's
25%
12%c
9%
pfd
Ltd
pfd
15
*
Aumaque Gold Mines
Jan
61c
Jan
22 %
Stocks—
Lead
61%
100
red
Cl
Mines
Jan
Feb
9%
Manufacturing Co Ltd
Aubelle
56
57%
a9 V4
Woods
Anacon
Jan
52%
670
9%
Ltd
Mining
80c
545
a9'/4
Wilson
(J
7,600
58%
*
*
Canada
76c
53%
Feb
_
Securities
Jan
75c
Jan
Athona
Union
Jan
9%
57%
71% Jan
Thrift Stores Ltd
United
7c
Feb
52%
50
class
Jan
76c
29%
Ltd
Co Ltd
___
Jan
6c
8%
400
52%
_•
of Canada
20%
Clay Products Ltd—
__100
Paving & Materials Ltd
_6
Standard
2,000
'
9
*
Steel
Aluminium
8%
1
25
red
6%
Jan
17
Jan
»
Co
103
102
♦
Agnew
1.05
*
Pr
Feb
100
Acme Gas & Oil
Jan
50
Ltd
Invest
101%
Jan
Jan
17%
740
Ltd
Canada
Souchmont
65
16%
39 %
Feb
21
.
Industries
Jan-
Jan
71%
-
Russell
25
Jam
i—*
5%
Jan
17%
6
20%
♦
Ltd
825
37%
29%
Service Stores Ltd
(Can)
Jan
24%
15%
85c
1
.
20%
24
25
717/B
Power Corp of Can 6% cum
6%
part 2nd preferred
Reitmans
Jan
114
29%
Orange Crush Ltd
.
Jan
19%
21%
175
20%
Ltd
Quebec Pulp & Paper 7 '/o
15
1,405
17%
___*
*
Nuclear Enterprises Ltd
Paul
1,285
20%
15%
American
Rice
16%
20
24%
•
1st pfd_100
Refrig & Storage
Corporation Ltd
Mount
A
Preferred
1st pfd__30
Montreal
High
15%
38%
<
__
LOW
..
20
2o
17%
_10
Range Since Jan. 1
High
16
15%
•&%*
_1__
Ontario
Low
Shares
'
common—
17%
___
Canada Ltd
for Week
38%
__
——10
'
oi
mica
& Paper
$1.50
Akaitcho
Minnesota
Sales
Range
of Prices
Par
Abitibi
Jan
v.
Week's
Last
Jan
8%. Jan
Friday
Sale Price
STOCKS—
Jan
9
Exchange
Canadian Funds
Jan
38%
200
Jan
15%
50
2%
Toronto Stock
High
a3
400
•8%
15%
23%
55
V8
9
*
preferred
1,555
2%
10
com
24 '/a
38%
Hydro-Electric Secur Corp.
.____*'
InternationalPaints (CanLLtd cl A__*
Lambert (Alfred) .Tnc'i—LLowney
4
Range Since Jan. 1
Low
a3
•.
15
^
Shares
High
23%
100
com
preferred'
MARKETS
FEBRUARY
for Week
of Prices
ENDED
Sales
Last
Sale Price
STOCKS-
LISTED
WEEK
FOR
39
..
•
20%
21%
610
'■
3ft
lfi54V
TUT?
40
(636)
THE
r,rMV/n\/TIPT3r,«T A T
O.
TIT-ar A *rnr A
COMMERCIAL
_
&
FINANCIAL
CANADIAN
RANGE
Week's
Last
'y
Sale Price
Sales
Range
FrJctey
\V,:V
STOCKS—
for Week
of Prices
/
;
LISTED
WEEK
FOR
ENDED
CHRONICLE
MARKETS
FEBRUARY
4
Friday
"VV.
Week's
Last
STOCKS—
Range Since Jan. 1
Shares
Monday, February 7, 1949
Sales
Range
Sale Price
for Week
,
of l-r»ccs
Shares
Range Since Jan. 1
'
Par
Canadian
Class
Products
Food
A
Low
13
265
"A"
Jan
13%
Jan
11%
Jan
r.-n
11
11 ^4
910
HVj
Jan
33
32%'
33
670
32 %
Jan
•
Malartic
71c
71c
72c
3,100
13
15%
2,965
150
150
5
Golden Arrow
Jan
•
voting
Canadian Locomotive
Par
V
87/a
12
25
13
•"'••'.!■•.'
High
Jan
8'/a
*
Canadian Xnaus Alco
Canadian
8%
13
—-
Low
High
8%
common——
79c
___J
Porcupine
8c
,2.80
2.76
Low
11 Vac
10c
—1
.7 Vic
5%c
Mines
—1
8%c
8c
-
6c
Jan
9c
2.76
Feb
3.15
65,850
12%c
—•
Mines
be
High X
! 2,000
19,425
3.00
Oroidvue
Feb
High
'.'
8c
Goldora
Jan
15%
Low
1
Manuou
Goldhawk
Jan : !
36Va
Jan
70c
Golden
;
•
:
12%c
,;J!fn"'|
«/aiT.
5%c
Jan
120,000
be
Jan
8c
20,900
"8c-
8c
Feb;',
Jan
11c
Jan,';
3c
Jan
9%c
i eo.
,-V'
Canadian Oil
Cos
5'r
•
common—
8preferred
'
14%
—100
—a
__
100
^___25
preferred
Canadian Pacific Railway
100%
100%
15%
Canadian Tire Corp
preferred
Wirebhund class A
Canadian
class
Corp
caray
A
Central
9
—
1
Mines
Porcupine
.1
Coin
$
1.65
1.45
Jan
14 %c
19 %c
51,700
8c
2,300
11
75
55c
56c
2,100
Jan
56c
6,500
6c
8,400
2.43
Jan
140
1.60
Jan
4,500
30c
31c
2.45
14
22c
Mines
Astoria
1
i
r,
—
Mines—
36c
Jan
Jan
2.45
14%
23c
Jan
Jan
7c
1,100
Jan
1.24
1.00
3,615
90c
Jan
1.08
108,760
23c
10
665
34c
10%
15c
15c
1,000
15 c
Feb
18c
5,367
50c
Jan
65c
Oil—J
»
11c
5
112
«
class
A—
12c
8
»
1.28
2%
<
98
12c
Jan
%
——
2%
Jan
2%
Preferred
lZ 2 7
Feb
1.45
Jan
55
29%
Jan
31%
16%c
16C
Crestaurum
Crolnor
Mines
Jan
Crow's
Nest
Crowshore
Coal
—100
Patricia
D'Aragon
Da vies
Mines
Gold
Petroleum
Davis
Leather
Decalta
Oils
A
Ltd
.
Detta
Red
Dexter Red
Jan
10c
Jan
34C
Feb
Jan
27c
15,800
1.30
11,900
8%c
9c
16,500
8%
1
Lake
lie
11c
12c
29,000
2,500
28c
28c
28c
28c
Red
Lake
Mining
Mines
Ltd
&
Anglo
Inv preferred
Bay
& Erie
1.20
c
t'f
Dominion
■
Dominion
l:("
Dairies
Dominion
Foundry '&
Dominion
C
23
23
27%
Magnesium
/>'
Dominion
Steel
li
Dominion
Stores
&
'0^Dominion Woollens
"
5
Donalda
Duvay Gold Mines
East
>v\
•TC'-
East
Leduc
■
Oil
Dj"
11*
Mines
East-
Sullivan
Eastern
Xi,
:
X- •Eldona
Eldona
r 5
Gold
Gold
'
i.
i
>
J
..
-El Scil-Gold
:W-.-Empire Brass
0
Fanny
c-
-
Jan
18
Jan
Feb
95%
Feb f
1
Jan
26
Jan
19%
Jan
20%
Jan
23
Feb
23
Feb
25%
Jan
27V4
Jan
! 14'A
Jan
16 Va
Jan
17%
Jan
"l
(John)
Waite
M
Mines
Juliet
.
Quebec
Journal
Kenville
%c
2.91
3.20
7,560
7%
'7%
200
■
.
'
„
70c
26,700
HVaC
55c
56c
'
20
,57c
Frobisher
Gair
Co
4.15
4.35
14 V4
Feb
13%
5'i
class
•
Gold
pref
Power
J
Jan
Jan
Jan
Laguerre
Jan
Jan
\
Jan
;
47c
Jan
60c
-Jan
?
4.15
Feb
14%
Feb
16
Jan
35
Jan
37
100
7%
7%
7%
100
8
8
10
1.85
2
1,700
Steel
Glenora
"U"
Larder
Globe
■
God's
Oil
Ledue-West
Leitch
Gold
Goldale
Mines
Goldcrest
For
;
Gold
4.50
Jan
Little
footnotes
i__;
see
page
42.
15%
8c
5,419
9c
28
112,750
14%
Feb
Jan
28%
>■'
'f
.
|^C
7V2
116
Jan
Jan
7c
Jan
Feb
90c
Feb
9%
Jan
10
Feb
8
Feb
8
Feb
Feb
2 Va
Jan
Jan-
15%
Jan
7%c
>
90c
7%
Feb
1.85
Feb
10c
Jan :
41c
Jan
45c
21%
55
21%
Jan.
1.67
Feb
5.65
5.80
-4,520
5.65
Feo
4c
4%c
1.22
1.30
4 VaC
J(th-;
Jan.;
.
5c
3 VaC
3,000
1.07
25,425
-
.
Jani
0.54 dahi
Jan
5c
Jan
Jan
1.45
Jap
Jstih !
5,000
3'/»c
Jan
7,000'
50c
Jan
6c
Jan
8c
Jan
10 Va
Jan
13%
Feb
34c
Jan
48c
Ffeb;
5c
v
52c
55Vac
-58c
7c
11%
13%
45c
—
9,690
48c
14,350
6.15
406
8%c
j
8c
Feb
1,500
3%c
Jan
4'Ac
Jan;
245
14%
Jan
15%
Jan;
4c
5V2C
134,815
80c 80
80c
1.17:;
%c
9c
9c
class
i
Class
;
London
Mills
—*
A
Goldfields
Louvicourt
29 V\
—•
--——•
common.—_—0
B
Hosiery
A
1
~
»
30
28
|
28%
6 Vi
11%
39c
■80c
Jan
5VaC Feb!',
Feb
80c
JtffG
1.12
Jan
7c
Jan
78c
Jan
1.08
29 Va
Jan
31'/a
Janf.
28
Feb
29
Jan!
10,500
6,425
1.20
Jan
lo%c Feb/
Jan /
"
•
...
'•
530
Z
95c
6 Va
28
.
r
4,050
500'
.
10%c
29 V4
3%c
1,900
1.20
93c
Groceterias
12c -;Jan
7,000
4c
;
Loblaw
<
Jail'
r
1
1
6.30
Jan
15%
4c
4%
;
6.00
15%
-
-
-■**
Ltd
13%
40c
8c
1
^^-3
—
700
6.05
—1
Lynx
25
6%
6%' Feb
Feb
11%
125
11%
38c
43c
25,300
35Vac
Jan
45c
Jail
2,100
14c
Jan
16c
Jan4
5,400
Feb
-
11%
Feb
*
14%c
14%c
15c
1
2.40
2.25
2.40
1
56%c
2%c
50c
62c
50c
Feb
74c
Jan
1
Yellowknife
9c
9%c
8,900
9c
Feb
13 %c
Jan
1
27c
27c
29c
5,000
25c
Jan
34c
Mines—.—1
1.12
1.04
1.15
17,750
93c
Jan
*
9%
9%
9%
715
6%
6%
150
2.84
•2.71
2.85
13,300
27c
27c
1,000
2.24
2.35
17,225
2.02
Jan
3c
3%c
3,000
2%c
Jan
10
10%
825
10
Feb
12 %c 14% c
3,900
.—
Mines
Macassa
Mines
MacDonald
Macfie
Red
River
Lake
—
Jan
26
Jan
Feb
28
Feb
MacMillan
Gold
MacLeocl-Cockshutt
28
class
Export
11c
Feb
98 %
Jan
Madsen
Jan
98%
Feb
2.40
2.35
2.65
9,285
2.05
Jan
2.90
Jan
Malartic
A
Magnet Consoi
Class
B
87
87
40
85 %
Jan
Jan
Manitoba
17%
17%
50
17%
Jan
17%
Jan
Maple
25
104%
Jan
106%
Jan
Marcus
109%' Jan
110%
—
-
Gold
Lake
Red
105 V2 106%
87
•
64c 1 Jan'
'
s
•
1
23%
■
,
Jan
'i
Jan
7%
;(
Jan
21%
Long Lac
l—--*1
-
1
Mines
1
—1
Fields
Gold
Milling
Gold
—T—1
1
_____
110
5
Jan
Martin-MoNeely
2
400
1.95
Feb
2%
Jan
Massey-Harns
X.
14%
14%
14%
25
14%
Feb
15%
Jan
!'■ Preferred
5.75
5.45
5.85
9,271
4.75
Jan
5.85
Feb
McCabe Grain
McColl-Frontenac
'
*
common
20
class
9%c
9%c
1,000
8c
Jan
10 %c
Jan
2%c
2%c
2%c
3,000
2%c
Jan
3%c
Jan
66c
65c
66V2C
9,100
65c
Feb
74 %c
Jan
45c
52c
9,800
42c
Jan
56c
Jan
Mclntyre
*
common
100
_—
Porcupine
19c
18c
19 Vac
11,000
16c
Jan
19 %c
Feb
McKenzie Red
1
11c
11c
12c
3,000
10c
Jan
16c
Jan
McLellan
Gold
10
14%c
5%c
21%
27%
*
—5
*.
Lake
1
13,050
14
9%
6%
2.40
23c
Jan
2.50V Jan
2.85
30c
2.35
6c
5,000
3,530
21%
26%
Jan
8%
100
14
14%
850
4%c
8%
Feb
Jail
3%c
Jan
Jan
Feb
6c
Jan
Feb
Jan
Jail
11%
Jan
215
Jan
14 %c
9%c Jan
21%
Jan
t
7%
Feb
Jan
Jan
27%
Jan
1.20
10
Feb
21%
Feb
22%, Jan
,
27%
9
Jan
Jail
13%
Jan
15 Va
Jan
94
Jan
98
Jan
3,000
13c
Feb
14c
Jan
2,175
50 Va
Jan
55%
Jan
41c
2,215
32 %c
Jan
45c
Jail
7%c
6,500
6%c
Jan
8c
Jan
96
96
13c
13c
13c
54%
53
54 Va
39c
7c
7c
2.10
27%
96
1
——
5c
.
8%
——J--"
A
McDougall-Segur
45c
Preferred
2.25
*
Eastern
&
Leaf
_1
.-.
7%c
1
Mines
Jan
;_
15
-
Mines
1
Gold
4,500
-
Oro
1
Lake
30
11c
.
-
Lebel
1
Oil
28
10c
7c
—
Jan
110
Jan
8c
1
1'
.•
Mines
9c
_i
Gold
•
Lapaska Mines
87%
'<
23c
*
1
Laura Becord
97%
100
Giant Yellowknife Gold Mines
.
Mines
15
.--—
Gillies Lake
.
Mining
1.95
common
'
Gold
50
•
Wares-
Jan
1.24
:
Wasa
11c
17%
13c
J—__—
.J
Shore
98%
Bakeries
General
J
_•
98%
105 Va
32,500
_»
'.
i
Jan
9%
Jan
15c 17 Vac
1
Mines
Lake
12c
9%
Feb
14c
5.75
Gold—
Lamaque
77c
1,500
16
Jan
—1
1
Gold
Dufault
Fortune
Lake
20 Va
5%c Jan
Jan
Feb
7%c
'
\
Jan
3,600
54c
15%
14,500
1Q,
"
Jan
90c
Jan
100
12c
1
Lake
«
6%c
100
42c
'
44c
10c
15
1
Ltd
(John)
11c
i__*:
preferred
General
1
Labrador Mining & Exploration
98'A
__100
23,500
42c
15'%
A;/r
Labatt
i
V
98%
!
Jan
28
Townsite
•
;
Feb
23C
16
Gate___l
Golden
98 %
common
„:
3c
Jan
>•
Jan
Feb
10c
500
Jan
16c
23%
Jan
64c
♦
Jan
11c
2'/ac
3,800
lie
:
-.100
preierred
Exploration
1,500
21c
17c
17c
Jan
___1C0
____■
Ji
3c
20c
Jan
ll%c
Jan
Jan
13 Vac
~19%
25
Jan
2%C
__
43 Vac
Lane
Kirkland
t
"'63c
1,804
6c
1,500
Jan
6%
28
Jan
14c
Feb
112%
24%
4%c
13 %c
Jan
40
23%
566
Jan
41c
500
23%
Jan
5c
1.32
17
7
28
preferred
5% %
A
3c'
18.800
40
-115
_•
Jan
18,910
Jan
8
common—.
Jan
2'Ac
52c
Feb
9%
.10
12 Vac
1,000
1.55
Jan
90c
common.
5,500
c
2 Va
44c
16 Vi
40
Jan
1.43
25c
;
34
52c
34c
115
'100
•___
4,711
1.52
Feb
634
!
,
Jan
Jan
1
Jan
405
36%
Jan
54c
25%
Feb
1
7%
"■? " 495
:
Jan
Kirkland
3.45
15
14;%
r
24%
Kirkland
Feb
37
'37
24%
45c
Kirkland-Hudson
Jan
6%c
ShopsJ
730
r
7":
5,708
1
•
Lexindin Gold
:
3,500
25
j
'
preferred
Gatlneau
!
Kerr-Addison
...
4.15
50c
Jan
:: 2.91
4,132
9
Jan
2.35
100
Jan
;
Jan
3,500
,
8%
lie
Lingman
20
415
5c
!
Rowan
11c
8%
2 VaC
Gold
Lake
■
Jan
%
__1
Kelvinator
f
Lake
-
Feb
8%
16c
Jan
-66%c
7%C
Jan
15 %c
Mines
Macho
(A
1 '
Mines
Jan
\
•
Mining
38c
•
common
i
Publishing
Kayrand
10%c
68c
Jqn
Jan
7%
49c
20c
Jan
•
25%
5%c
25
24 Va
24Va
Gold
30c
—1
l___
Fittings Ltd
Fleet Mfg
Cos
Co
Consolidated.
6,000
45
Jan
1,000
8
*
—
Jan
125
485
7c
7%
^-1
9V2C
-.3,750
A
Mining
Feb
40
25
7Va
1
class
Mines
9V2C Jan
;37C
'
A
6
_'k
Gold
12
16 V 2
25 %
7c
7%
1
class
Co
&
8,200
2.95
Preferred
Freiman
Gold
Machine
46,300
2.12
.,
com_-
Fibre Products
Fraser
Jan
Jan
24%
Lake
Class
Francoeur
29
Jan
-9VaC 10 V2C
Federal Kirkland
B
Jan
Jail
Jan
12% c 13 %C
Federated Petroleum
Motor
28
117
14 Va
Jan
12%
1.90
Grain
Class
21%
Jan
11
12%
2,300
1
Players
Farmer Candy
Preferred
Ford
Jan
Feb
19%
J
'
Federal
21%
115
Feb
Jan
11 %c
.
Famous
0
22
408
Jan
Joburke
95 %
23,650
_____
.
117
21%
17 Va
:53c
A___%_£
class
•it Eureka Corp
its'"
'
' '
'--__FalconJ)ridge Nickel
„
(
115
21%
13 Va
21 %c
40
Jan
575
,6,500
36c
dan
Jan
6c
10,950
79,550
I6V2
17,000
14
25c
-
4,125
4 Vac
17%
,56c
;
57
51%
4c
13%/
13 Va
40
Feb
Jan
51
17 Va
54c
36c
51
3 7/a c
51
4%c
•
13%
25%
12%
i^.25
Jan
39c
1738
21 Vac
L_,t
Jan
35c
Jan
»
55c
..20
31c
Jan
31c
Jan
.31c
Investment
Jan
31c
1,000
795
Jellicoe
1
Economic
19%c
4,350
33c
28%
Jack
Jan
2.32
"Eddy Paper class A
26,500
35c
31c
Jan
Jan
18%
30c
"Elder Mines'
29c
33c
19c
12
-
26c
34Vic
16c
35c
24
•
28%c
1
Jan
Jan
•
Jail
5%C
35c
2.25
1
Jan
8c
Jan
Jan
2.29
J,
'j
Steel
<:•...
12%
Jan
4%c
Jan
*
.■
Jan
6c
3,500
Feb
——_1
i
11%
28%
Jacknife
-
Mines
• n"
; J!a:i
5%c
Jan
___i
_„
If,:-'; East Malartic
8,000
Vac J
13c
19%, Jail
5c
23%
f
3,655
8c
9
,
Feb
Jan
11%
10c
12 1/8
7c
Jan
Jan
18
15c
230
Vac
11%
11%
6c
10Vac
Jan
250
9
55
•
24
-'■*
;
3,000
18
100
23 %c
_•
6,000
13c
common.!...._______ 100
Lake
East.Crest -Oil
8%c
18
52c
11%
13c
7c
lie
__
36
11%
1
Jan
!• '-13
23%
—1
Jap
65c
Feb
730
.!___
Amphi
13 %c
Jan
Feb
25
.'—470
Jan
58c
Feb
2,965
13%
10c
4,000
10%
17
1
3,750
65c
42c
14
Ltdi___J
Mines
11 %c
17,921
13
-
11c
60c
26,400
16%
•
Feb
12
13
U
_,
Mines
•Dulama Gold
lk
1
l
Jan
12%
45c
16 %
:•
—:
common
11 %c
59c
Feb
34
0:'f.
Dominion Textile
Jan
12%
42c
25
B
40c
50
10%
24
class
1,800
34
*
Coal
59c
12%"-
—
43c
16%
1,055
Jan
59c
12%
Feb;
10%
21c
5
26%
9c
♦
2,080
27
6c
Jan
1
17,100
23
Jan
6c
Uranium
27c
35
Sceel
4c
1,200
Nickel
16%
_1
preferred.,,..—..
3,000
7c
Petroleum
21c
10
6c
7c
International
16%
20'/a
4c-
International
21c
20 %
5c
Jan
International
16%
20%
Jan
9c
Jan
Jan
25
preferred.—„
Jan
83c
28%
Kelore
Coal
10c
Feb
10
Indian
Jan
18
Jan
60c
6,000
Jan
65c
225
Jan
8c
27,066
Jan
32c
7,021
8c
3,500
8c
1.36
Jan
17%
9c
9%c
IOV2C
Jan
95%
8c
Jan
50c
25'A
'Jan
Jan
2b va,c
95%
12
60c
paid
Inspiration Mining
International Metals
34,250
15%
Feb
%c din
9 %c
]
janVi
27,850
25%
Feb
Jan
14
24
9c
Mining & Smelting
Jsfti
55c
■
11%
Feb
1
4bc
30c
25%
1,180
9 Va
Jan
11%"
11%
0
23
51c
17%
Feb
17c
.'14
60c
a
Inglis
28c
100
8%
10
8,000
9V2C
Mines
Jan
30c
„io
_*
185
14
22c
Impe-rial Tobacco of Canada ordinary.5
4% preferred
25
'
Dominion
Dominion Bank
8%
14
19c
1
15c
54c
•
8'%
14
5
Ingersoll
2
Seagrams
Diversified
8V2
19c
8c
Jan
*
Distillers
5%c Jan
0
Jan
1
Yellowknife
Jan
1
80c
1
Discovery
4V8C
1
13c
•v.
Feb
11c
1
3,500
Feb
24C
24c
1.20
8 VaC
24c
5c
Malartic
Huron
Jan
31c
'23
1
1.30
4 Va c
Mining
Gold
Jacola
Dickenson
Dome
Jan
55c
50
Lake,'
52
9c
2,300
11,800
!
Mines
•*. Feb
80
4,500
23
1
Nickel
49
50
70c
38c
Jan
5c
Mining
Hugh
Jan
23
Jan
17
Yellowknife
Hudson
r
Jan
b*c
34c
*
1
Delnite Mines
Denison
30c
11c
23
Jan
25c
Jan
Oil
Jan
jan
38c
65c
Jan
1
common
Savcce
Imperial
22C
6^C
<•
Feb
Bank
4uo
»
_a—_
class
Jan
51c
Dauch
&
Imperial
5,000
15,000
80c
15%
-_i
Jan
6,500
12c
Jan
20VaC
Mines
8%
25c
10c
60c
___1
Paper
,Tqn
47c
11c
-
Feb
835
Mascot
8
50
1
Feb
Feb
49
*
.
Jan
4%
126
1
6
9%c
49
1
—
Cub Aircraft
Feb
Feb
2,100
1
Hosco
18%c Jan
23c
25c
1
4%
126
1
Jan
45c
1
Pershmg
'■3,510
25
11,650
___:
Gbld
5%
250
8
65c
1
Hoyle
Jail
'
10
___—
100
22c
:
Homer
Jan
2,610
5%
126
58c
Hollinger Consoi
Jan
152%
30
500
41/2
16%
1
Howey Gold
150
1.35
*
11
16
!
20%
L_—!_
common-'...!
Bit
Jan
22c
_♦
Highwood
'
Cournor Mining
Craig
10
10
-
Jan
Jan
29 %
Mills_—30
Ja'11,
10
51c
Gold
Highridge
jau
8%
Jan
16 %c
Exploration
18
io
____<■
Gold
Heva
Jan
123
reo
Jan
8
4,000
152
1.27
151%
lv
100
151
100
8
2%
0
_
hiGas
IOC
7,835
10c
Jan
22c
Mines
Hinde
47,800
107% 115%
16%
51c
Highland-Bell
Jan
Homestead
225
___l
GOid
Hendershot
Jan
56c
Press
Jan
.
oan
54c
Mining & Smelting
40
1
Heath
Jan
64c
1
Consolidated
16
Jan
i-
Feb
Feb
Jan
51c
Cadillac._—i__l
__
Feb
38%
1
Aiabastine
&
Gold
Hedley
9,850
Jftn
15
120
60c
Headway Red Lake
Jan
34c
Rock
Harricana
Jan
59c
16c
915
17
*
Swayze
Hasaga
Jan
8uo
:
Jan
40
60c
Mines
Lime
Harker
Jan
17c
5'Ac
56 %c
57c
.v:
Jan
1,500
9
Feb
Jan
126
100
Harding Carpets
Feb
Jan
3,550
c
Jan
10%
IOV2C
15%
—1
Gold
Hard
Jan
6c
9%
Consolidated
Imperial
Jan
91c
27%
32%c
2
Consolidated
c.ass" b
Jan
90c
•
_
dan,
10%
■" 50
500
■
-
10
:
Hamilton Bridge
Hamilton Cotton
Feb
1.75
23c
*
Central
12%
2.80
5%c
Jan
5%C
5%c
53
15
10
Wire
Halcrow
Jan
90c
—1
Duquesne
,
2.00
1,470
1
—
Consolidated
30c
4,300
13%
Petroleum
Consolidated
3%c
1,100
103
Jan
41/2
Saddlery
Gypsum
'
1.75
4%c
2.25
Bsattie
10c
Jan
4c
2.80
Jan
52
Feb
1.70
14
Bakeries
Cosmos
46c.
Jan
95
•
•
16 Va
West
Lead
-w
40
Guitnar
Jan
13c
15 %
Coal
Gulf
Jan
11
2.60
4c
Yellowknife
Con west
21c
13Vac
Jan
10%
13c
.<•
common
West
Guaranty Trust
Guayana Mines
Feb
Feb
Jan
7c
11
1.70
Willans
Consumers
7%c
14 %c
2:7"5
Consolidated
iA.v
21c
7%c
Paper
4c
40
r
52%
10'/a
1
.__
1,000
»> 475
,
preferred
Greening
Jan
Jan
55c
Consolidated
Jan
Feb
Lakes
4c
98 100%
52V4
A
ciass
Bousquet
Great
Jan
1.24
11
Lake
9%
1.73
T57 Jan
1.20
31c
Consolidated
Feb
550
A
3%c
50
Great
Jan
25
12,900
Plow
Coniaurum
9
8
1.62
6'/2C
Commonwealth
Jan
24,025
Oils
Colomac
' 9
24
Great
Jan
1.42
Mines
Cochenour
50
1
*
common
Mackay
Graham
Janr
1.38
_
Cockshutt
24
24%
100
1.30
Malartic
Coastal
Jan
1.20
-1
Chromium
Citralam
Jan
99 Va
1.62
Mines
Chesterville
22
20
Jan;;
1.42
Chemical Research
Chesktrk
40
Gordon
17%
Mining
Preferred
Feb,'.'
1.27
1
Centremaque Gold
Chatco Steel common
101
Jan-
24
9
1.62
•
Gold
Patricia
15%
3,783
Goodfish
Goodyear Tire
Feb!
150
Jan
100
24
:
Oil
Leduc
Centra)
100
100
u_100
-
Castle-Trethewey
Central
15%
Jan
Jan
24
Utilities
Canadian
90
101
15%
12%
148
70
-
■
i
Number 4775
Volume 169
THE
COMMERCIAL
&
CANADIAN
range
Week's
v
Last
Sale Price
Par
McMarmac
Red
McWatters
Lake
Gold
Mills new
Mid-Continent Oil
Midland
Milton
&
Mining
*
6c
a
Grain,
17'%
14c
9 'Ac
550
6'%c
17'%
17%
7,000
40
Jan
Jan
High
21'%c
12c
-
_
_
Sarnia
Jan
scythes
Jan
7
Jan
7%
6c
Jan
6%c
Jan
17%
Jan
17'%
&
Co
common
_*
Senator
Jan
Jan
Rouyn Ltd
Shawinigan Water &
Oils
Modern
____
Conta!ners
Monarch
Knitting
Freierred
Preferred
1.50
800
1.45
Jan
635
10%c
Jan
12c
Jan
_
40c
500
40c
Feb
48c
Jan
Wpg Brew class
Sheep Creek Gold
13%
13%
50
13%
Feb
13%
Feb
Sherritt
12'%
12%
105
12%
Jan
14
Jan
Sick's
93
93
45
93
Feb
94
Jan
1
___
0
common
*
common
iuO
__
__
Mortgage
Inv
&
Porcupine
0
6'%
__
Montreal Locomotive
*
20%
Moore
*
71
1
9%c
Corp
Mosher
common
Long Lac
Mylamaque Mines
6%
350
50c
_.
_
_
50c
3,000
Shawkey Slines
_____
trust
20
21%
1,470
71
72%
210
Feb
7
1.53
1,100
Jan
Silver
Jan
23 Vz
Jan
Feb
73%
Jan
Sllverwood
Dairies
Silverwood
Western
9 Vic
10c
2,000
9'%c
Jan
12c
Jan
9c
9c
1,200
8'%c
Jan
12c
6%
150
6%
Feb
8
11%
11%
1;
National
Giocers
National
Hosiery
__5
common!
>___
13
class
■*
..-'/Class b
Petroleum
National
Sewer
National
Steel
class
__4.
j,
Neilson (Wm).
;
New
2.59
17 ',4
Jan
17
17
360
16'%
Jan
17
Jan
7.75
8.00
400
___i
52c
55c
75,900
35c 37»%c
7,500
1
class
A
•
Dairies
Jan
Siscoe
9 V2
9%
95
29%
25
25%,
97
98%
36c
38c
?'
;
t '
New
Slatien
A
430
5,000
Jan
25
98%
1
15%
Jan
16%
Feb
Southam
Jan
47c
Jan
South Brazeau
36c
I_l
Co
"
Newnoi th
Jan
Springer Sturgeon
•
1.35
1.35
;New
N6w
,i
•
50c
50c
50o
100
82
82
82%
•
8%-
8%
r'9
104
v
"
13Vic
6c
64c
68b
;' 19c
21c
4%c
4%c
103%
Jan
104
13Vic
12c
Feb
16,200
4'%c
Jan
Feb
Standard
Jan
2.50
65
22,931
■
7%c'"V
1.92
Norzone
£____
Pacalta
.
_1
.•
Oils
''
:
f
'•
"
•
i.;..}
Standard
Feb
2.35
56c
Jan
68c
Standard
Feb
17c
Jan
23c
Jan
4'%c
Jan
Cc
Paving common
Jan
*
Radio class A
._!
21%
-
■.*>': "
—
1
1.92
7
8 Vic
6c
6'%C,
71c
Jan
18c
12,575
14c
Olsen
66p
75c
Bros:___l_________.:______
*,
13%
of- Canada
•
81%
25
84%
»
6%c
7,000
9,500
7Vic
Jan
11c
19c
Jan
26c
1
1.55
6c
Jan
8c
Jan
Jan
77c
46,950
71c
Feb
84c
3
common
L
I
Sturgeon River Gold
Sudbury Contact
1 '
Sullivan
Jan
1.10
1,023
1.07
Jan
1.15
1
Cons
1
Mines
54'%
Jan
58%
Jan
15c
15c
500
15c
Jan
17c
Jan
4c
5c
5,500
3.20
•
3.55
39,925
4c
Jan
5c
Jan
3.75
Gold
Mines
River
Jan
Taylor
Gold
Norseman
^1%Y-.-------
Mines
J
Mines
Northern
Canada
10'Ac
12c
47,800
10c
Jan
»
8c
10c
50,200
6%c
Jan
_i
Mines
Pearson
common
North
Mines
Star
Oil
common
Okalta
Jan
60c
Jan
30c
Jan
38c
Feb
4c
1,500
725
7
Jan
8%
Beauty
Ontario
Steel
5%
Jan
5%
Feb
1.84
13,735
1.70
Jan
1.95
Jan
41c
5,100
1.45
7,925
16c
4,300
14c
4,000
5'%c
5'%c
;
Supply
6c
1.25
1.25
25
18'%
18'%
25
common
common
."v '
' -
--J
Orange Crush
Ofenada
315
Gold
Mines
;
Pacific
Petroleum
Hershey
Page
Pamour
8%c
1
8'%c
2.61
Jan
150
19
A
Jan
Jan
Jan
Jan
5
6%
19c
Jan
9c
1.06
Jan
13%c
Jan
38%
260
36'%
1.10
1.30
24,758
1.00
5%c
5'%C
15c
Gold
"Pem-Rey
Perron
L__.
Malartic
Cons
1,000
14'%c 15 %c
10,600
Pickle
Pioneer
Powell
Mines
Power
89c
26'%
8c
Jan
Jan
Jan
2.34
x
2.25
6,550
2.05
3.60
1,200
3.10
Jan
3.65
7,500
5c
Jan
8c
37c
1.000
37c
Jan
44c
41'%
740
40%
Jan
80c
600
71c
Jan
81c
1,500
70c
Jan
16
120
15'%
57%
39
50 'A
7c
7'%c
12,000
8%
9
135
51%
51%
10
40c
40c
500
66 %c
65c
67c
111,630
91c
90c
95c
11,000
—
Mills
common...
Gold
Quebec Labrador
__
Manitou
Quinte
Milk clalss
Reeves
Jan
12%
1.44
Jan
1.65
6c
Jan
7Vic
8%
Feb
9'%
Jan
52%
50c
60c
Jan
t7c
Jan
1.04
175
8%
Feb
9
Cotton
common.
3.30
4,300
2.85
Jan
—
40
40
55
Deng
11
11
11
100
L-
Lac
Rochette Gold
ll'%c 11'%C
3,250
3.75
&
class
11%
3.10
15c
22
1.22
Feb
Jan
Jan
Feb
168
Jan
Jan
50
18%
11%
Jan
20
8'%c
100'%
Jan
100 V*
Jan
C'%c Feb
9 %c
Jan
Feb
20
Jan
20
Jan
r>20
65c
Jan
7
Feb
8%
Jan
500
240
-.
:
18%
9%
9%
9'%
11 %c
22
A
2,949
51%
12
Jan
Jan
77c
7%
9%
Jan
14c
Jan
Jan
24%
Jan.
J an
,60
50%
Jan
51%
265
17
Jan
17%
19,302
2.20
Jan
2.94
12 %C 12 %C
■
500
12 %c
Feb
■
7%
7%
Jan
10c
17
17
Jan
Jan
22
2.85
,
2.53
___
7,000
25
■22
'51'A
?'A'
'
11 %c 13'%c
110
17c
Jan
Jan
Jan
Y' :
12%
—
—
Jan
1.75.
8,120
1.52
Jan
Y
1.84
Jan
6.20
2,031
5.65
Jan
!.
6.40
Jan
8c
--
6%
1.65
5.95
8c
Jan
i.9%c Jan
12%
13%
26%
'
*
35
8.75
Jan
14 %
J an
2,775
26%
Feb
28%
Jan
10
Jan
11%
10c
Jan
lie
37
-i
25
7,500
■Y2 300
38;
35
35
*
23%
23
23%
99%
99%
100
7%. Jan
14,170
10%
10c
10c
27
10%
'
6c
1.625,
common
36%
35
13%c
Jan
Jan
Jan
38
Feb
35
V. Feb
30%
Jan
385
23
Jan
\23%
Jan
100
'
.
99
Jan
100%
Jan
99'%
5c
5C
2.24
2.36
—
common
*
100
1
♦
Mines
1
Bear
Yankee
York
Knitting
Mines
:__l
Girl
27c '
165,200
8C
1,000
6%
Jan
11c
Jan
Jan
Feb
34%
Jan.
Jan
99%:
Jan
4c
Y
11,300
Jan
6 %t
Jan
2.15
Jan
2.50
Jan
18c
Jan
21c
63c
Jan
80c
1,750
4'%C
Jan
6c
Jan
-
70
6%
Jan
Jan
■
570
5%C
»
37c
11 Vic
58'A
95
2,000
21C
5c
Jan
28'A
10,366
•
Jan
8c
7%c Feb
5,182-
75c 76'%c
21c
75c
„»
class
2%
Feb
Jan
7
A
Class B
.Jan
Jan
•
«
2% SA3 '■■■.
Toronto Stock Exchange-Gurb Section
Canadian
Friday
Last
STOCKS—
40'%
Jan
IIV2
Jan
11
V
lie
Feb
Jan
Sale
Jan
13c
Jan
for Week
253/a
v/.-.yV.y,
Range for
Shares
High ■%>,%.
70
25%
100
__
Sugar_
•
__
__
$
25%
108
High
Feb
26
Jan
114
Jan
4
108
25
3%
3%
1,400
1013/4*
100
103
645
100
Jan
22
1,240
20
Jan
20%
20%
12%
12%
21%
3%
103
22%
Jan'
Jan
Jan
12%
Feb
13 'A
Jan
245
21%
21
Jan
22
Jan
-
Industries
common
_
Canadian
\
Vickers
28
28
28'A
2,576
9c
9c
13c
30,700
23
9c
Jan
Canadian
Feb
19c
Jan
Consolidated
6c
Jan
17%
18
450
17%
Jan
7'%c
1,000
7%c
Jan
7'Ac
9c
f
23,500
Westinghouse
28'%
18
8%
8%
135
8%
Jan
21%
21'%
70
21'%
Jan
100
Ltd
i
8c
Jan
'
Dalhousie
Donnacona
page
42.
•
Paper
Oil
♦
_
_
__
515
■::>
137
74
Feb
79
Jan-
135
Jan
143
Jan
74
.76
140
142'%
3%
3%
200
3%
Jan
50%
51
75
50'A
Feb
17
17
17%
2,100
17
Feb
38c
;
3%
Jan
53
Jan
18
,j
Jan
Jan
Foothills
International
Minnesota
Jan
13%
13%
13%
Jan
14
84
84
84
10
84
Jan
86
41%.
42
130
41'%
Jan
42
1
4.45
4.10
4.50
18,753
3.80
Jan
5%c
5>%c
1,500
4c
Jan
5%c Feb
8'Ac
9c
12,900
8c
Jan
10c
Oil
$
Paper
&
common
Ontario
Paper
0
0
3.00
42c
3,500
Jan
45c
Jan
33'A
34'A
335
31%
Jan
34'A
Feo
19%
39c
34'A
4
Paper
Jan
9%
22
42
19%
115
19%
Jan
20
39c
3.65
Jan
Jan
20'%
3,400
54
52%,
20%
3.00 Feb
3.25
3.00
52%
2,050
52'%
Feb
58
Jan
355
20%
Jan
22'A
Jan
22
Jan
26%
Jan
5c
Jan
6.70
Jan
21
Jan
;
Jan
Ogilvie Flour
4.50
Feb
Pend
Oil
■
YYYY
74
?,
Jan
99
1
.
Jan
10c
>18%
—1
1
Lumber
140
51
100
Western
Jan
7'%c
9c
•
common
Preferred
Jan
»•-»
common
Selections
Southwest
22
Investment
Petroleum
UD O O
4
4
22
>
'
35
4%C Jan
32c
4%c
5,000
5.80
6.15
8,810
41c
_
1
;•
4%c
4
...
Oreille
Soutlimount
0
41c
592
41c
Jan
32c
35c
3,500
32C
Jan
5.50
Jan
41c
.
,
.
Jan
Jan
250
12%
21%
1&48
year
Low
Y Y ;-
108
Vinegars
Canadian
Sales
Range
3%
com
common
and Dominion
Canada
Jan
25%
Pulp & Paper
Week's
of Prices
Jan
49c
Jan
Corp
Columbia
Co
Funds
LOW
*
Preferred
16'%c Jan
Jan
Price
Par
Jan
40
12c
:-~l
see
158
6-
98'%
Asbestos
25
River Gold
footnotes
158
92
*
1
Ymir
: •'<.
For
Jan
2.26
Brown
40c
£_
_
12c
Jan
99%,
British
1,410
(new)
Rannorm Mines
Jan
20,300
> ' 75-
26%
1
Gold
Jan
4,600
Lawrence-Paper 1st preferred
preferred
-Y
Sand
8c
87c
r
321V
Jan
2,000
—
Mines
Jen
1,600
18,800
V
12c
28'A
Jan
13c
Corp new common..
1
preferred i__:
—L.
.—49
Aut#nio .Gold
69c
28'A
8c
45c
2nd
San
Jan
77,800
8c
25'A
St,Lawrence-
preferred
51c
2,980
:> 1,000
v
2nd
Jan
8'Ac
2.40
25
common..
C
Jan
20
8'%c
Feb
13c
Russell
St
8 Vac
670
,
•
7 %c
Jan
45c
—i_
1st
59.000
14c
8'Ac
Jan
45c
Roybar
je
Jan
23'Ac
6C
13c
—
—
2.54
8c
6c
25'A
Oil
industries
Ryanor Alining
Jan
14,250
8'Ac
2.15
1-
Chibougamau
Rnp'ununi Mines
Jan
20
*
Canadian
Royalite
Jan
5
10
72c
•
W')
Jan
.11.
__
Oils Co
Royal B»nk
Rpxana
51
Jan
24 %c
Canada
Roche
Feb
Jan
7%
*
_____
(G
common
Feb
100
Jan
9%
7
7%
Jan
9
4,300
28 V
4%
2.77
20
1.73
Jan
2,100
Jan
Jan
50
20
150
68c
1
Jan
7c
Jan
Feb
!;■>' 75.
1
Jan
90c
62c
7c
1.5c>
36c
26%
110
;•*
,
1
Jan
17
2.40
Jan
Jan
Jan
Jan
51
38 %c
Jan
6c
1.27
28c
5,600
•
Jan
Jan
Jan
2.40
18,750
,
50
100
Yellowknife
Jan
15
6'/aC
Feb
69 %c
17
1
Grocers
Yellorex
Jan
45c
2.40
V.K.
Jan
10%c
18%
•
(Hiram)
Winora
Jan
11
8%
Mines
J gill
Jan
8>%c
2.60
Wright-Hargreaves
Jan
2,279
3.05
1.70
7%c
1.08
11%
•
Preferred
Jan
57'%
6,600
Gold
Robinson
16%
Jan
58c
Regcourt Gold
Mfg
Feb
16%
Macdonald
Jan
Jan
100'A 100'A
8'%C
*
Mines
Winnipeg Electric
Jan
53c
A
.
8Vac' Jan
1.90
Wingait Gold
Jan
15%
,
17c
Jan
20c
158
50
Ltd
Wiltsey-Coghlan.
Jan
1.02
90c
16
%
Mining
Robertson
42%
56c
y.Queenston Gold
1.55
500
<
Winchester Larder
Jan
10,015
5c
>
86
ll%c
lie
—
■
25
Preferred
Jan
1.60
1
«'
Weston (George)
Jan
6c
1.50
13%
84
* Jan-
Jan
26
94,060
250
-
Jrii
1.01
%
4
steel
Western
Jan
14c
80
7
Wekusko Consol
Jan
Jan
Y
•
22
20
•
Westeel Products
•
Jan
70c
14c
12'%
Preferred
Renabie
250
12
Mines
190
6,885'
58c
!_
Resources
class. A preferred
Waterous Ltd
Jan
15'%
Quebec
Quemont
5,300
12c
57%
_%—
Dome
Flour
Quebec
88c
26'%
Jan
9c
Jan
Jan
22
1.01
•
Canada
Walker
,-75c~?Feb.-p
,..
.
80%. Jan
: .1,500
26%
lie
_*
'
:
Waite' Amulet
Feb
Jan
,13
352
'
Vicour Mines
Jan
3c
Jan
36c
80c
1
East
Purity
8,950
19,500
United
Ventures
Jan
80c
Metals
Mica
40c
11c
8c
42 Vic
40%
'
Corp
Purdy
Feb
37c
certificates
Premier Trust
Preston
Feb
1
Oils
Upper
Jan
3.50
Gold
Gold
trust
Pressed
5c
3c
19Vic
5'%c
;___
Rouyn
Voting
Jan
500
2.11
^
River
Powell
Feb
8c
1,000
llVaC
<
Gold
Reef
1.30
5c
85c
Porcupine Peninsular
Porcupine
38'% Feb
Jan
3c
26'%
_____
•
Gold
Jan
Jan
Jan
,
•
Jan
57C
50
B preferred
Keno Hill
United
2V^f.W%:£;
P.\.y i^
60c
7Y, ,152;
\
Jan
Jan
1.41
22
common
Fuel
Class
Feb"
20%
'19,006
,
9%/.;
2.6?
"
Mining
Corp class B
United
Jan
3.05
5c
IO55
Porcupine
Crow
12%c
9c
Feb
Jan
4c
37c
Mines—
Gold
Jan
3c
-
____—
Mines
.Photo Engravers.
Piccadilly
2.61
L-i,
Mines
Paramaque
Paymaster
7%e
100
A-_
Gas
United
Jan
18c
class
class A
.'Rights'
City
315
4%
14c
1
Works
Union
Jan
Jan
Iron
Union
Jan
Jan
7c
20,505
*
Partanen
Jan
9
8%c
57c
,
__i
Mines
Transcontinental
Twin
Jan
8Vic
Ltd
Mines
Western Oil
Reno
18'%
__2
__________
Tracers Finance
6%c Jan
85c
500
2.80
38%*
Tubes
Porcupine
^Pandora Cadillac
•Pan
Feb
15,500
.
i
(Eastern)
83
Jan
4%
v.
9%
2.75
•
Toronto Mortgage
Towagmac Explor
Jan
Feb
125
Toronto
!
50
*
Silver
United
Pacific
Feb
7
:
4%
"
—
1
Mines
Toronto General Trusts
Jan
1.62
16c
31,900
Lake Mines____
Osulako
53c
Feb
Jan
1.33
1,000
23,500
-
Lake
Red
Osisko
Feb
40c
Torbrit
,/•
-f
Jan
82
■
36c
26%
*
Tombill Gold
Jan
500
15c
'.
Tip Top Tailors
Toburn Gold
Jan
5%
40c
Exploration
Ghlario
4Vic
8%
1.33
'
Malartic
Ommtrans
Jan
1.72
Mines
Oils
Orlac
3%c
8
Qgtjma-Rockland
O'Leary
49c
56,300
5%
Y—
Gold
4,100
38c
4c
I:-' Preferred
O'Brien
59c
35c
Jan
40
L
1.53
50
__io
Tech-Hughes Gold Mines
Tliompson-Lundmark Gold
Jan
55c
_a_
Nprth Inca Gold
Northland
12c
26%
50
Preferred
13Vic Jan
1.42
5,875
8c :. ,->1,500
35c
•
Jan
9,000
1.38
'
'
Jan
"
,
Norpick
1.45
»
Jan
1.35
1.75
:
19%
23c
4,530
•-
19c
1.66
8c
1
4
Preferred
a_ ,; /■
1.67
Jan
Feb
Feb
54c
9c n%c %:
•
50c
Tamblyn Ltd
Feb
3.05
Taku
19c
•;
34c
18'%
Jan
H
f
j;#
Jail
45c
.85 t
.
%
20c
1,066-
.83-i
'
Svlvanite
Jan
3,469
S
Mines
Jan
1.60
Gold
Steeloy Mining
Steep Rock Iron Mines
Jan
8,500
58%
_______
■
27c
6,200
7c
Co
Preferred
Jan
1.08
Corp
2,800
•
13%
Steel
Jan
Jan
57%
aNormetal Mining
..
10c
11c
Starratt
Surf Inlet
Mines
Norgold
4,500
144,500
20c 22%c
Nipisslng Mines
Nbrdon
'
12c
8%C
6c
Mines
■Noranda
Jan.
Jah
44c
'<
20'%c
i
-
5 'Ac'
•
10c
•
26 %
99
.
20%:,:.2i%
4%, j
w__*
Jan
21,075
48,500
.
preferred
Preferred
Feb
Jan
9c
17,250
2.25
11 Vic 12 Vac;-
ll%c
-
Yellowknife
Nicholson
lie
-
•••••
.New •'.* Rouyq Merger
iNew' Thurbois
Nib
•
_•_*
S*
:■■■
,_1
Jan
Feb
Jan
1.40
Stadacona
Jan
36c
100
Jan
Jan
Jan
97
7,150
32
2.16
23V2
145
.
21c
23'%
19'%c
-1.
490
Jan
Feb
14,170
30c
Feb
16,375
30
18%
Jan
2.50
Jan
20c
22'%
4
Chemical
28%
29c
27'%
Mines
9%
130
Jan
Feb
95
18%
100
'2.04
1
l____
Gold
Jan
Jan
18%
1,010
67c
Gold
9%
94
2OV2C
»
Oil
8.25
55c
42 %c
■'1 (ij
i
,29 Va
-
100
35c
Jan
Jan
Jan
ih
_♦
Malartic
42c,
12c
6c
.
Marlon
35c
20
29
7.50
45c -Jan
440
94
100
Gold
Jan
104
1
lit'--
pfd
3(7
'.13%c
£
Feb
14
16
10%
Jan
Jan
Jan
Stedman'
:
Jan
Jan
1.60
2.10
Preferred
11 %
Jan
Jan
2.35
2.45
Alger
/NeWJason
20c
12'4
Jan
16'%
22%
100
Bicllamaque
New'Calumet Mines
Jan
Feb
1.45
1,175
22'%
22'%
*
-
preferred
:New
17c
12
50
26,990
•
12'%
Jan
Jan
2.45
1
15%
Jan
48
17%
»
16%
30
•__>
..Nejgus Mines
B
60
16 »/4
38c
jA_________*
Car
Class
Jan
170
450
16
16
39 %c
r
'
16
__
25c
Pipe
4,000
Jan
2.20
Miller Mines
13 V
12%
__
■=■
National
24%
Jan
6%
Jan
1
Sigma Mines (Quebec)
Silanco Mining
19%
49c
16%
e
common-
certificates
71
——5
common___i^__'
Drug
19c
Jan
Jan
47
Jan
60c
1
1
;:-fa; Preferred
v»
12
1.48
2.21
Breweries
Voting
17c
12
50o
Gordon
Simpson's Ltd class
National
,
17c
1.50
__
A.
p b
16%
23'A
10
lg,
Feb
40c
270
y
High
Feb
16
50,850
47
Jan. 1
lgi4
25
48c
Jan
Jan
6'%
43c
'
24'A
47
47
100
16
24
100
Range Since
Low
i8i/4
42c
__
Monarch
Moneta
_
44c
com___»
'
High
i6
__
1
Power
11%
1.55
Low
i8y4
Shea's
Model
Shares
Biidge
11
11
_
for Week
of Prices
Par
40c
•
Corp
Sales
Range
Sale Trice
STOCKS—
1.50
_
Week's
Last
2,000
7'%.
4^
(6.17)
4
Friday
1,000
9'%c
7%
•
MARKETS
february
Range Since Jan. 1
Low
14c
9'Ac
7%
•
-
•
Shares
high
14c
He
common
Pacific
Brick
Low
*
Mercury
of Prices
1
..
for Week
ended
CHRONICLE
Sales
Range
Friday
'
■
STOCKS—
V
LISTED
week
for
FINANCIAL
Jan
35c
Feb
■
42
(638).
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
•
Monday, February 7, 194(1
OVER-THE-COUNTER SECURITIES
Quotations for Friday February "4
Investing Companies
Mutual Funds—
Securities
Aeronautical
Affiliated
Amerex
Par
Fund
Associated
Shares
4.53
4.98
3.62
3.96
3
Holdings
Bond
Inv Tr
Boston
92.47
1
18.66
20.17
10c
5
7.73
7.74
14.66
15.85
1
1
15.98
5.00
1
32.06
Trust
Shares
13.73
12.69
1
3,i8Ch
com__100 3, 030
142
147
100
5.33
5.79
Investment
1
Fund
Chemical
Securities
Christiana
Preferred
Commonwealth
13.33
1
25c
Fund
Delaware
Dividend
Shares
Eaton
23.87
3.78
5
22.63
24.46
Fund Inc-1
1.73
10
3.60
General
Capita)
lc
3.95
Manhattan Bond Fund Ino_.10o
Mass Investors Trust
1
Steel
shares.
Natlon-Wide
Balanced
National
7.18
•
1%S Jan.
1,
1, 1955-1953
98.22
t
98.28
;
101.16
100.2
l%s Apr,
98.24
1.65s
15,
!' **
Bid
1100.1
July 22,
Sept. 15,
1%S
point
a
Banks-"-
1949..
1949
\nh
100 3
100.2
' 100.4
2%S Feb.
:
.101.8
l%s Jan.
20,
100.5
100.7
100.4
1950
100.6
Other Issut$
Panama Canal 3s
13.00
14.20
1
12.84
13.78
1
7.85
8.49
Fund
Corp
Dollar
Maturity—
National Security Series—
Bond
series
Low
Priced
Preferred
Income
1
Bond
Stock
121
.
0. S. Gertificales of Indebtedness
Securities—
Investors
119%
11.89
1
.1951
26.19
11.00
6.69
7.31
1
6.24
1
Series
6.52
Series
Industrial Stock Series
Price
Ask
,
Maturity—
1
Certificates
1, 195U-
1%% 100.1067-
es
.1294
.
of
Mar.
Indebtedness¬
5.09
tl%s
\
Oct.
1,
Ask
—
100.0001.
.0038
—
1949
tlVsS June 1, 1949
tl'/ss July 1, 1949—
4.67
1
Bid
1949
1,
n%s Apr. 1,
6.17
3.07
4.66
tApril
3.36
4.27
1
1
Series
Bid
7.13
1
Series
Int. Rate
Treasury Notes—
6.82
Series
100.0005
.0094
—
99.9831.
.9894
99.9752
.9831
100.0157
—
1949
24-:V;
22
5.65
New
York
Stocks
tl%S Dec.
15,
3.27 '
3.5?
tl%s Jan.
1.
1950
3.13
3.42
11 % &
1,
1950———
13.72
Selected Group Series
1
Low Priced Com Stock
Series 1
New England
Fund
1
14.71
.0286
5.77
tL%s. April
6.32
5.75
6.62
Aviation
5.94
6.51
.1
43.31
46.57
Bank
9.63
10.55
1
4.78
5.13
Corp
8.61
supply
lo
lc
lo
shares
6.27
5.59
5.02
Diversified preferred
7.07
7.67
Electricial
lc
shares
5.45
lo
shares
.0403
100.0074
.0252
100.0094
1950.
—
.0289
100.1067
.1294
5.85
6.35
Insurance
lc
lc
8.88
9.63
Machinery
stock
11.36
10.73
11.76
10.17
11.15
9.96
1
equipment
10.92
1
7.45
1
11.16
12.23
1
stock
'i/;•'
.•
;•
^
£ Y-.y.\
.'v-v
_
"
;
V. %•> 1
-•
v.-
-w.
v-;-
•
.
•
10.89
10.71
series.
Industry
1
Diversified Investment Fund.l
"6.07
100.0233
—
Federal Intermediate Credit Bank Debentures
8.31
9.94
bond
Diversified
6.80
1,
—
9.44
7.58
Chemical
Corporate
1949
••
stock
Building
Feb.
Inc—
Agriculture
Automobile
Electrical Equipment shares
Food shares——:
9.32
Rate
Dated
,
Due
'
Bid
1.55%
,6-
1-48
3-
1-49
1.55%
7-
1-48
4-
1-49
Ask
1.25%
bl.45
1.30%
'
1.55%
8-
2-48
1.50%
12-
1-48
1.65%
v.9-
1-48
Rate
vbl.40
5-
2-49
bl.50
2-49
bl.50
1.35%
6-
1-49
bl.55
1.40%
Due
Bid
Ask
10,
1.60%
1-48
7-
1-49
bl.55
1.40%
11-
1-48
8-
1-49
bl.55
1.45%
12-
1.65%
1.35%
5-
Dated
.
1.65%
■
1.45%
1-48
9-
1-49
bl.55
1.60%
1-3-49
10-
3-49
bl.55
1.45%
1.55%
2-
11-
1-49.
bl.55
1.45%
10.21
-
8.16
4.73
Merchandising
Fully Administered shares—lc
bond shares— -—lc
6.93
7.52
Metals
1
8.15
7.59
8.23
Oils
1
14.71
6.41
6.96
Pacific Coast Invest Fund
1
10.58
9.81
Public
1
5.82
1
4.96
5.44
1
6.18
6.77
7.85
8.60
9.91
10.86
1-49
11.59
9.34
,
,
16.12
Industrial Machinery shares
.
8.93
General
lc
Institutional bond shares—lc
4.35
•
1
Utility
Railroad
shares-lc
7.04
7.64
lc
5.50
5.97
lc
lc
6.97
5.27
5.72
—lc
6.97
2.45
2.68
RR Equipment shares
lc
Railroad stock shares——lc
3.68
4.00
Putnam
4.29
4.66
Republic
shares——-—-—lc
4.83
5.25
Russell Berg
lc
4.20
;—lc
4.87
9.86
6 .'3 8
United States
7.56
lc
9.00
7.56
Investing
Low
Company
Priced
shares
Merchandising
Mining
shares
shares
Railroad Bond
Steel
Tobacco
Utility
Howe
.
shares-—
". Petroleum
>
:
98.16
Loan
7.87
24.23
,.1
Mass Investors 2d Fund
Mutual Invest Fund Inc
5.58
Building shares
Chemical
99.28
L
3.55
14.17
Group Securities—
Agricultural shares
Aviation
L
1952-1850.:
1953-1951
Home
4.36
3.22
5.02
k,
Automobile
1950-1949
1,
32nds of
more
or
4.34
shares
12.93
General Investors Trust.,—
\
1,
3.97
3.94
shares
shares A—a
Trust
Ocb
iy4S May
3.92
«
ZV12
Inc.
Fundamental Investors
Fundamental
one
Federal
Ask
1.89
Trust Fund—
First Mutual
3.55
lc
lc
25.52
16.50
3.63
Bid "«
4.01
Speculative
15.43
Corp
Boston
First
1 %S
3.73
3.64
Stock
1
Iric_
Fidelity Fund
3.38
Furnishings shares
lo
1.49
1.35
1
Fund——
Equity Fund Inc—Financial Industrial
3.27
lo
14.57
V
_20c
Fund
Balanced
Stock
3.75
2.96
Petroleum
VV'jViV
'
t"
3.40
Federal Land Bank Bonds—
3.49
Paper
t
Howard—
A
3.16
None-Ferrous Metals
34.47
Ltd
Fund
lo
17.52
4.00
Ltd
Inv
shares
Home
96.32
Inc
Fund
Century
5 %
4
*
Bowling Green Fund Inc
Street Invest Corp
Bullock
15.37
Figures after decimal point represent
Ask
Electrical Equipment shares.lo
General Industries shares
lo
2%
of America
Broad
Canadian
14.14
%
Corp
Fund
7.49
21/4
Corp
Blair
6.93
v
Fund
Bid
Business Equipment shares, lc
Drug shares
lc
8%
1
8
1
1
A—
Inc
Axe-Houghton Fund B
Beneficial
X3.62
Par
Funds—
Automobile
3.96
1
Oilstocxs
Standard
series
Axe-Houghton
Managed
27 %
26
—10
Obligations Of Government Agencies
Mutual Funds—
1
Shares
Business
Ask
xy4
Inc
Holding Corp
American
Bid
;
,
shares
shares.—
shares
Plan
Fund
1
lqc
Income Foundation Fund
4.57
■
4.55
Railroad
equipment
Tobacco
1
A
Trading
(Geo)
6
Fund
Investors
Investors—
Institutional
Aviation
Bank
Shares
Fund
shares
Co
or
,
1.63
J 21.31
Selected Amer Shares
14,
1949
bl.17
1.08%
April
21,
1949
bl.17
bl.16
1.11%
1.10%
17, 1949
April
28,
1940—,—
bl.17
1.11%
bl.16
1.10%
May
bl.17
1.11%
bl.16
1.10%
Inves
Television
lc
11.75
12.88
1
23.95
26.03
12.94
B-3
(Low
Bds)
Inc
B
Series
9.25
1
1
X
United
Wall Street
Income
Fund
li).16
Whitehall
16.68
Wisconsin
B-4
(Speculative
Bonds)
1
9.31
15.28
19.65
25.59
27.92
8-2
(Income
13.32
14.53
Stocks)
com
(Appreciation
com
1
10.78
1
4.24
4.64
1
4.47
4.91
Unit
Brooklyn
Loomls Sayiea Mutual Fund
*
LonmiK Sayles Second Fund_,A
89.85
91.68
43.58
10
Trust-
3.23
*
99%
102%
9.75
Central
86
v
90
9.48
Chase National Bank
15
34%
;
16.56
18.08
Chemical Bank
10
39
15.24
16.39
3.31
3.59
Trustee
& Trust
Trust—
38%
10
54%
6.61
7.60
Empire Trust
50
1
2.18
2.48
Federation Bank A Trust
10
14
Fiduciary
10
31
1
Par
Aetna
Casualty
Aetna
&
Surety
Insurance.!
Aetna
87
10
Bonds—
Par
.
Agricultural
6
Insur Co of North America
10
Jersey Insurance of N Y
20
41%
1
151/2
16%
46%
Automobile...
10
Casualty
American
Equitable
Assur
American
Fidelity <fc
4
25
23 %
Casualty
common
$2.10 Prior preferred
45 %
$1.05
Convertible
5
12 %
14
Massachusetts
5
21
22%
Merchant
Casualty.5
13%
18%
19%
10
preferred_5
Re-Insurance
10
28 %
30%
25
61
63%
10
Surety
38
25
Shippers
10
Boston
National
5
Fire
National
31%
7%
V
25%
53%
55%
York
37%
30%
32%
10
44%
20%
"21%
River
Northeastern
56 %
35%
37%
Employees Group Assoc..
Employers Reinsurance
•
10
34
61
15 %
Federal
10
60
Fidelity Ss Deposit of Md
Fire Assn of Phila__
20
168
10
64
67
Reinsurance
Frisco—10
79
82
Republic
Fireman's
Fund
Inc
of
Firemen's of Newark
26%
5
Northern
57/3
12.50
36
64
Pacific
Fire
25
Globe A Rutgers Fire
2nd preferred^.
Great
com
t
American
Hanover Fire
Indemnity Co
10
89%
Preferred Accident
5
Providence-Washington
Corp
(N Y)
(Texas)
Trust_17%
&
38%
40%
'/8
National
26
&
Trust
67
12
Trust
100
70
8%
9%
570
600
101%
v,"
States
Utilities
3s
96%
..1969
.100%
100%
Louisiana
Pow
Narragansett
Lt
&
101
Elec
Ohio
Power
Bid
Ask
Refining
•
V.
' '.V.,
v
,
Mont
5 %
(Alien
c..
23%
24%
21
21%
'IV, l-.Y'v-"
Laboratories
B)
1978
102%
1C 2
88%
90
102%
4 % %
preferred
4.50%
.103%
100%
100%
Penna
Pow
1978
1(52%
103%
&
Pub
Edison
Ser
103
102
103%
Public
109
104 y4
105%
pfd__100
104%
105%
4.40%_100
108 y4
109%
4.70%
(Indiana;
of
107%'
pfd_100
—
preferred
Service
5 % %
106
100
pfd
4.60%
(Colorado)
Public Service
3.50%
100
5%%
Lt
1C4%!
1978
100
preferred
Okla Gas & El
Potomac
104
1978
-
England Gas & Elec—
N Y State Electric & Gas—
1977
Power^s
20
100 %
103%
1977
Ban Diego Gas & El 3s
4%%
91%
103%
102%
1978
3%s
Lt
Kentucky Utilities 4%% pfd.100
1978
3s—,
preferred
pfd.100
New
8s
convertible
Florida Pow &
6%
West Penn
&
preferred
102
S%.1_1978
Pacific Pwr & Light SVis
Edison
Par
Oil
conv
.
New
ion
84%
3'/a
35%
Wise-Michigan
3s
Power
86%
Mexico_7
14%
100
101%
103
1O0
101
103
•
13
preferred
14%
102%,
Tennessee Gas Transm's'n Co—
92%
4 % %
3%»
37%
2
10
27%
29%
Seaboard
5
48%
50%
Security
10%
11%
Springfield Fire & Marine
Tucker
5%
28
preferred
Texas Eastern
Corp
Transmission
"A"
13%
1%
1
1%
30
<17%
15
33
15
"35
Surity_r
(New
Haven)
12%
84
10
52
10
34%
36%
10
46%
48%
87
t
81%
Standard Accident
10
34
36
a
Odd lot sale
included
change.
dividend.
33%
34%
Travelers
10
32%
34%
U
Fire
10
123%
126%
Steamboiler
10
36%
38%
4->-
10
10
16%
Hartford
.
101
174
Hartford
84
53
10
Phoenix
.
5
—
27%
105
5
Republic
r
90
St Paul Fire & Marine
A
Gulf
58%
v
5
General Reinsurance Corp
Glens
Falls
Globe
1979
1967
16%
Pacific
Forster
3s
Du
Potomac
10
A
Steel
46%
5
Fire
Bank
States
Ashland
39%
2
2.50
New
68
65 %
40%
81%
Stocks—
103
27%
85
10
Casualty
Crum
Ask
102
8%
4
5
Fire
2.17
38%
Security Issues
30
10
Hampshire
92
Continental
25
29 %
(Detrolt).-lO
Fire
88
Life
-
National Union Fire
Amsterdam Casualty
10
General
Bethlehem
New England Power 3s
Causalty
New
North
Camden
Connecticut
23 %
28
5
Assur
New
A
1978
Cudahy Packing 2%s
0
Bonding
Fire
52%
2.11
,.
25
Guarantee
United
113
15%
2%
Newark
Automobile
Bankers
109
67
64
Merchants & Mfrs
American of
Title
>'
49%
25
———
American
American
31
56%
58%
Maryland
American
29%
54%
56%
Alliance
American
Sterling
15
Ask
10
American
100
12%
Trust
Nat'l
$1.20
Home
81 %
33
Public
90
'
Bid
Arkansas Pow & Lt 3%s
Bid
—10
Life
York
50%
20
Inc
46
2.31
Companies
Ask
Bid
Co
Co
16%
1 ,415
3.36
1
Series 1956
Trust
Trust
P)
31
44
20
City Bank
12.60
274.. y:
-
29
10
15%
100x1,375
Trust
&
(J
National
,265
''Ask',
11
52%
Irusi_20
<n
12.00
Trust
Manufacturers
40'%
New
2.50
E
•;,
<
Stamped
Corn Excnange Ban*
Shares—
County
Lawyers
Morgan
Commercial National Bank &
Trust
Co
„..—20
Bank- &
*
•4L
Bid
100
Bank
Trust
•Kings
36%
Recent
Insurance
Irving
8.97
Hanover Bank A Trust 20
National
Guaranty Trust
100
Industrial Bank of Commerce.lO
40%
1
Co
First
3.38
38%
100
Far
26%
,
1
Inc
Investment
Independence Trust Shares
North Amer Trust Shares—
Series
1955
44.48
100
:
Ask
24%
9.30
Type Trusts—
Series
Bid
Oo__10
1
Fund
Diversified
Manhattan
Bankers Trust
Continental
11.77
Stks)_l
8-4 (Low Priced com Stks;
Knickerbocker Fund
the
of
Bank of New York
21.44
S-l
(Income pid Stocks)
1
(Appreciation pfd Stks)_l
(Quality common 8tks)_l
16.00
Bank
x
Wellington Fund
K-l
18.59
6.77
Shares__l
Investing Corp
17.46
1
Par
18.72
1
28.35
Oily Banks & Trust Cos.
'
17.47
Union Preferred Stock Fund
25.51
Bonds)
B-3
New York
10.08
5.95
27.11
Priced
K-2
.k.
6*.33
21.07
1
23.39
1949
75c
66c
1
C
5,
10.64
50
Union Common Stock Fund
Bonds) —_1
1949+____
1.11%
86c
77c
47
Trusteed Industry Shares.. _ao«
Union Bond Fund series A
1
12.65
Grade
March 24,
47.65
,
1949—
20%
5.78
10c
1.12
1
(Medium
19%
Corp.*
83c
Keystone Custodian Funds—
(Investment
Inc
Investment
1.01
Investors Management Fund
B-2
9.83
1
1
7.47
B-l
47.65
2%
Investors
74c
6.82
1.10%
April
bl.16
10, 1949
lc
1
bl.16
1.04%
3.
March
8.08
Boston
1.10%
March
Shareholders Trust of Boston
Series
Ask
bl.16
2.58
Sovereign
Fund
1949
1949
27.42
•
Co
bl.16
Bid
31,
7,
2.36
March
Inc
Street
1949—
April
25.50
lc
America
Investment Trust of
7.37
24i
March
1.00%
1
Scudder, Stevens & Clark
State
lc
Insurance Group shares
Stock and Bond Group.
Investment
1.59
19.71'
Ltd—
Group shares
Group
8
Feb.
15.26
0.90%
bl.15
1
Fund
Fund Inc
Standard
Incorporate^
14.19
Ask
bi.15
10, 1949
17, ly49
Feb.
15
1
Treasury Bills
Bid
Feb.
Petroleum
5.29
4.21
10c
;;
100
U.S Fidelity & Guaranty Co
S
Fire
U S Guarantee
Westchester
Fire
2
4
10
new
6.50
53%
60%
6.75
x
Ex
in
year's
n Admitted
(not included in
range);
to
(Un) Admitted
dividend,
y
e
to
Ex-rights,
63%
75
78
22%
•No
par
dividend paid
valu^.
on
,
z
Ex-stock
tln default,
"May
10.
Curb,
Unlisted
55 %
20%
year's range).- b
Ex-interest,
trading N. Y.
j,
f Flat
r
Trading
Big yield price,
price,
Cash
k Admitted
sales fnot
privileges,
wd When
"
are
subject
listing
included in
dividend.
tThese bonds
d Deferred delivery sales
to
to
all
on
N.
Y.
year's range),
delivered,
Stock
(not
Ex¬
t Ex-stock
wl When
Issued,
V'
Federal
taxes.
HEX
$40
cash
Volume
169
Number 4775
THE
COMMERCIAL
&
THE COURSE OF BANK CLEARINGS
l
I
,
.
CHRONICLE
(639)
•
_
Bank
clearings
this
week
will
Preliminary figures compiled by
cities of the
show
decrease
a
based
us,
country, indicate that for the
■
total stands at
week
ended
«'
■
A
,
»
'
1
„•
\
1949
a
year
ago.
of 4.6%.
Week Ended Feb. 5
*
Lancaster
York
1949
—1
1948
.
%
$7,296,424,012
$7,650,495,329
594,357,256
593,721,812
+
0.1
—
3.2
Cleveland
-
.
0.4
Kansas
City
Columbus__
San
Francisco—-
Pittsburgh
I
1.4
+
267,948,194^
Total all
cities, five days
West
2.7
-
»2,417,457,750
605,717,520
Total all cities for week
•
next week. TWe
week covered
inasmuch
as
For that week there
was
week in
same
1948.
Outside of this city there was
clearings at this center having recorded
increase
an
City
Reserve
totals
of
0.4%.
We
group
furnish
we
a
by
16.0%
SUMMARY
Federal
1st
Reserve Districts
Boston-
3rd
5th
6th
7th
and
in
In
the
the
Cleveland—
San
8th
St.
9th
_
10th
11th
12th
Louis__-
Kansas
Dallas
_10
:
%
$'
-
+
3.3
+
0.3
7,385,241,897
91 1,542,375
+
1.6
824,682,195
814,536,301
+
1.1
719,693,521
407,344,359
+
1.8
362,324,676
add
now
+ 13.7
558,627,500
813,410,254
464,794,131
—
468,672,438
372,311.376
435,013,429
—
—
518.074,646
290,178,399
728,718,937
786,353,358
14,013,899,113
1948
—
w
■»
-
--
<
_
358,588,263
423,990,606
185,199,818
554,908,513
438,372,012
735,477
1,458,466
7,498,535
13,170,420,563
—25.5
1,192,780
7,703,073
6,358,232
+ 14.1
6,269,326
4,603,091
4,705,176
4,981,898
1.0
6,010,873,563
5,297,952,126
:
11,437,185
Inc. or
0.5
+
3.2
+ 18.4
3,372,817
2,218,031
18.812,376
13,718,447
—16.6
24,579,012
10,580,907
—16.2
834,476
798,724
7.4
654,459,418
—21.1
2,857,071
605,893,818
2,397,272
—17.2
1,217,440
734,191,734
3,250,012
II,151,858
4,283,747
3,000,305
884,514,677
;W.
942,911,796
3,230,273
(16 cities).
3,684,477
—17.6
2,935,490
—1
38,095,000
—19.5
2,563,188
>
\ 3,368,825
45,403,000
4,368,719
3,853,729
31,196,596
4,081,527
.
284,732
53,740,500
.
1,032,328
Decatur
;
t
679,733,176
...
—
—
—
—
30,948,173
43,647,312
8,687,649
v
^9,364,403^
7,818,042
4.7
4,101,221
3,189,129
2.2
2,772,767
2,159,044
6.2
813,410,254
752,117,839
234,200,000
111,659,850
84,458,592
1,571,494.
202,600,000
92,117,656
431,889,936.;
358,588,263
Eighth Federal Reserve District—St. Louis—
Missouri—St.
Louis—
242,800,000
Total (4
cities).
Ninth Federal Reserve
+
6.0
62,729,507
1,141,100
District—Minneapolis
Minnesota—Duluth
5,016,496
240,948,805
Minneapolis-—
St. Paul
North
84,298,803
—
Dakota—Fargo
4;058,378
South Dakota—Aberdeen
$
1946
$
•
+
—
+
+
—
3,776,294
Z-.8"
1,747,969
4,111,968
424,811,601
381,009,895
1,248,449
'LK:;.
12.7-
501,725
'
1,518,776
7,140,208
4,889,152
6.9"
3.8
'
4,536,999
3,769,755
+
2.2 ~
23,600,782
21,878,359
10,127.438
+
19.7
10,332,610
9,625,108
25,709,700
+
11.6
>
1^90,267
521,543,460
3.3
24,424,600
20,832,600
1,118,477
~
+ 24.8
+
920,819
Tenth Federal Reserve
1,781,914
Jamestown
1,797,855
—-—1-.
17,007,726
2,856,517
>
84,235,194
1,918,882
1,815,067
7 ,298,037,060
7,271,719,012
.
New Jersey—Montclair
Newark
18,276,982
JL7,733,764
13,197,705
12,461,904
576,750
.—
13,075,247
"11,738,764
———a—
Syracuse
504,402,080
451,807,766
18,022,052
14,848,887
9.5
2,413,675
2,163,119
6.1
75,922i,899
:
663,269
+ 14.1
—
—
Total (12 cities)
—.
-
,53,376,042
3,598,564
—29.0
3,526,260
—11.0
—10.0
372,311,376
8,412,087
+
1.6
2,762,272
2,460,077
8,051,897
—
6.4
303,743,363
•':u;
1,868,635
1,636,406
6,020,957
268,117,514
360,619
456, 655
-21.0
344,433
Lincoln
522, 134
6,366, 171
-34.0
357,042
356,503
-18.8
4,858,737
125,237, 113
5,768, 346
-19.5
5,171,539
100,873,116
Omaha
6,777,749
9,927,895
Missouri—Kansas
City
296,456,973
St. Joseph
Colorado—Colorado
11,188,903
2,042,251
1,794,384
Springs.
Pueblo
(10 cities).
435,013,429
317,728
1,392, 276
+28.9
6,164,096
103,936,341
5,742,121
10,837,503
284,554,780
10,464,393
344,487
1,272,115
518,074,646
—16.0
423,990,606
+17.5
10,943 281
354,694, 592
11,092, 503
—16.4
575
+27.5
1,601,
—
+
9.3
0.9
297,990
82,084,786
4,163,688
8,013,355
216,212,845
7,653,114
455,765
1,103,211
325,199,994
%W,
Eleventh Federal Reserve
District—Dallas—
Texas—Austin
5,681,352
248,103,883
18,956,400
9,266.230
;
Fort Worth
255,339,056
4,987,000
3,183,534
Louisiana—Shreveport
Total
5,118,399
217,286,000
17,959,996
4,839,000
2,555,080
7,580,581
290,178,399
Dallas
Galveston
(6 cities).
—
—
+
7.1
1,225,248
1,436,444
0.4
1,318,215 1
+11.0
5,360,699
4,681,774
+14.2
151,257,000
+22.2
172,927,000
21,697,795
4,333,000
2,493,492
7,129,511
+13.6
213,941,497
185,199,818
+
5.6
+
3.1
+24.6
16,532,174
3,868,000
2,623,801
6,237,069
7,159,547,000
7,388,326,648
16,582,144
16,885,118
11,765,229
9,695,064
;
109,868,696
5.8
10,217,670
7,907,939
—13.0
761,037
W+ 8.4
3,341,045
152,753,728
51,648,220
7.1
99,715,223
3,304,720
87,781,000
2,667,697
—13.6
95,106,560
76,097,025
3.1
31,647,401
9,021,520
+ 21.1
131,940,002
Utah—Salt Lake City
California—Long Beach
•_
53,249,834
I*
~ _"
San Francisco
San Jose
16,928,390
8,693,456
391,109,738
8,885,957
Santa Barbara
Stockton
119,985,822
3,102,627
Oregon—Portland
Pasadena
0.9
tsi'-1
—
65,029,005
1,494,932
0.9
Washington—Seattle
Yakima
3,647,019
7,586,293
420,556,542
8,775,080
7,293,218
4,579,352
8,105,756
728,718.937
786,353,358
14,013,899,113
14,057,074,153
6,715,862,053
1
6,785,355,141
—
+
—20.4
40,986,690
7,639,473
6,336,986
355,793,652
9,853,154
3,077,971
—10.0
6,598,609
5,930,348
7.3
628,473,038
554.908.5l3
0.3
13,170,420,563
12,686,278,774
1.0
e.oio.sto.ses
5,297,952,126
+ 14.6
—
+
7.0
1.3
730,766
—
40,128,597
Jersey
3,886,017
197,730,893
69,596,618
5,278,638
Twelfth Federal Reserve
District—Sam Francisco-
19,410,474
2,586,260
.■
5,034,670
210,559,191
1.2
District—Kansas City—
Wichita Falls
District—New York—
•
1.7
8.7
1,247,405
3.4'TT
+
348,430,206
Total (7 cities)
Total
+
—
2,688,005
1,273,011
531,251
83,276,345
5,712,055
3,139,030
Kansas—Topeka
1,362,033
4,930,552
263,766,072
2,419,470
8,549,224
Montana—Billings
Hastings
1947
+
79,103,935
Northern New
+
5,330,196
3,174,174
25,113,172
—13.0
56,287,000
63,631,358
Nebraska—Fremont
4,716,449
538,937,734
Binghamton
Connecticutr—Stamford
56,541,000
5,499,539
12,467,493
—
12,686,278,774
23,376,723
1,361,161 '
—
Buffalo
Rochester
-i/V'
—16.7
Helena—
0.3
5,383,550
12,127,070
•—
New York
451,313,567
5,127,954
Chicago
325,199,994
37,777,456
+
6.2
42,016,151
35,882,696
49,196,151
48,450,222
+
1.5
45,062,664
44,265,020
7,535,709,989
7,509,836,718
7,385,2^1,897
7,588,277,725
+
0.3
V
333,099
90,628,973
I,318,668
Sioux City-_
268,117,514
+17.6
1,514,584
28,689,900
York—Albany—1
Elmira-
"
10,148,053
4,494,387
5,729,124
0.8
4,895,334
.
;—
]New Hampshire—Manchester
*
":t
.
982,675
468,672,438
23,898,904
—
Reserve
558,627,500
464,794,131
431,889,936
—18.0
1,558,974
Rhode Island—Providence
New
+13.7
9.4
+ 19.4
+
—22.1
303,743,363
DeC. %
7,243,644
Federal
17.2
+
Total
(10 cities).
Grand Total
(111 cities)
_
Outside New York
tNot included in totals.
tNot available.
„;
.
.
.
.
.
.
.
—
—
—
,
2,024,997
68,300,869
61,384,548
,: 4,511,053
8,449,730
639,756,508
'
828,905
Bedford-——,
Second
13,701,382/
47,302,8045
160,300,000
2,825,842;"
3,859,026
1,906,162
89,835,798
79,817,780
5,652,059
337,359
108,272,477
25.5
+ 26.4
628,473,038
—
.
1,491,586
-
Total (12 cities)
1.3
+ 15.9
—11.8
0.8
1,560,259
459,593,770.
Springfield
'
31.4
86,161,292
1,705,929
213,941,497
—
$
<
4,413,478
River
+,' New Haven
+
275,400,000
105,405,217
showing the figures for each city for the
1,835,008
——
—:
—
6.9
108,885,160
1,329,611
7.3
—
6,785,355,141
District—Boston—
__
16,553,301
56,893,538
195,500,000
9.0
+
111,779,360
+ 13.6
14,057,074,153
6,715,862.053
Worcester
+ 12.5
+
Tennessee—MemphisIllinois—Quincy
6.4
—16.0
255,339,056
$
Connecticut—Hartford
346,693,039
764,298,228
II
Massachusetts—Boston
New
362,324,676
548,608,270
6,438,164
Wichita
Fall
1.8
51,349,641
District—Chicago—
Illinois—Bloomington
'
Clearings at—
Lowell
2,993,435
182,990,786
52,368,259
171,620,568
8.0
+
Iowa—Cedar Rapids
Des Moines
<«
detailed statement
■
3,181,303
0.3
623,733,238
Terre Haute
752,117,839
1949
Portland
: 1 .■■
+ 10.8
—
7,588,277,725
Week Etxteg Jan. 29
Maine—Bangor
111,203,080
Kentucky—Louisville.
week ended Jan. 29 for four years:
Federal Reserve
113,020,760
».;■ iv
451,313,567
6.2
548,608,276
942,911,796
,
First
:■
1.3
+
Wisconsin—Milwaukee
451 807,766
504,402,080
41
-111 cities
our
'
7,683,000
2,864,678
83,783,060
South Bend
346,693,039
884,514,677
Outside New York City.
We
1,843,315
8,432,000
+
15,951,893
62,373,865
181,700,000
3,314,826
349,344
Indianapolis
$
521,543,460
623,733,238
10
—
2,331,568
9.9
126,754,569
■
Total
4.8
+
84,248,028
5,883,356
292,502
108,196,062
t.
Orleans
(1
6
———
+
1946
7,509,836,718
348,430,206
Francisco
San
1947
M
City
639,756,508
3,735,435
"
4
-
719,693,521
+
Rockford
414,590,554
16
Minneapolis
1.1
2,873,820
«
in
-
—
+
+
407,344,359
Springfield
538,937,734
<<
6
—
\
232,158,374
24.5
+
2,901,445
Indiana—Fort Wayne
•I
7
.......
Chicago
$
4.3
22,587,800
3,873,072
5,333,542
256,187,066
2.5
+
Lansing
13.6%.
7,535,709,989
V
4,137,466
128,207,072
249,198,541
19,445,800
Grand Rapids
Francisco
823,383,164
...
2.3
+
+
59,312,958
Michigan—Ann Arbor
Total
Inc. or
Dec.
0.1
2,245,326
9,733,000
125,274,668
97,138,973
Seventh Federal Reserve
CLEARINGS
194S
3.2
—
—
814,536,301
105,685,088
Total (10 cities)
Kansas
925,894,065
*t
11
Richmond
Atlanta
cities
-12
Philadelphia
4th
BANK
$
12
2nd New York
'
OF
1949
+
3,034,637
207,743,770
Mississippi—Vicksburg
summary by Federal Reserve Districts:
Week Ended Jan. 29
5,562,200
158,369,661
267,780,180
4,356,530
;
Peoria
following
+ 17.6
5,803,829
184,919,568
307,209,559
28,757,900
4,291,270
5,047,553
278,506,622
17,941,022
*
Louisiana—New
the cities
Reserve District 7.3%, but in the Dallas Reserve District
they are larger by
In the
764,298,228
67,968,103
194,200,000
.!
Mobile
loss of 6.2%, in the St. Louis Reserve
smaller
are
824,682,195
loss of 1.0%, the bank
a
and in the Minneapolis Reserve -District of 6.4%.
District the
6,537,105
1.6
911,542,375
1,760,716
District—Atlanta—
Florida—Jacksonville
Philadelphia
a
7,779,586
414,590,554
Alabama—Birmingham
The Cleveland Reserve District enjoys a gain of 1.1
%, the
Richmond Reserve District of 1.8% and the Atlanta Reserve District of
13.7%. In
Chicago Reserve District the totals suffer
—20.2
6,868,
3,363,889
(6 cities).
Macon
Reserve District of 1.6 %.
District of 0.8%
5,480,097
64,045,792
Augusta
according to the Federal Reserve Districts in which they are located and from this
it appears that in the New York District
(including this city) the totals record an
improvement of 0.3%, in the Boston Reserve District of 3.3% and in the
the
5,454,478
207,158,429
Columbia—Washington-
Georgia—Atlanta
ings for the whole country having amounted to
$14,013,899,113 against $14,057,074,153
in the
6,212,415
126,968,729
Nashville
decrease of 0.3%, the aggregate of clear¬
a
6.1
2,352,715
Tennessee—Knoxville
the week
however, which we present further below
give final and complete results of the week previous — the week
ending Jan. 29.
+
849
10,701,000
Sixth Federal Reserve
by the foregoing will appear
cannot furnish them, today,
of
Total
2.6
-
In the elaborate detailed
statement,
able to
1,942,834
7,098, 641
3,540,686
,
Virginia—Huntington
District
-16.9
Saturday, and the Saturday figures are not available at tmie of
going to press.
Accordingly, in the above the last day of the week in all cases has to be estimated.
are
3,267,752
Reserve District—Richmond-
Carolina—Charleston
Maryland—Baltimore
ends
we
5.7
823,383,164
cities).
Richmond
1.9
-
729,058,853
••>
$13,965,569,784 $14,341,170,293
Complete and exact details for the
+
4,396,495
Virginia—Norfolk
1.9
$13,359,852,$64 $13,612,111,440
day—
2,400,358
4,300,249
1,869,679
29,412,700
"
South
All cities, one
2.4
6,284,482
290,598,676
;___*
Fifth Federal
1.3
+
$10,896,074,094 $11,194,653,690
2,463,778,f70
2.265,137
8.4
—22.3
+ 14.9"
202,801,530
200,179,640
cities, five days
+ 22.7
280,675,640
1.7
2,718,818
738,000,000
+
306,877,487
Pennsylvania—Pittsburgh
(7
715,332
+
1,863,818
794,000,000
+
178,987,072
.
Youngstown
Total
665,886
4.5
3,058, 035
0.3
'322,608,120
cities, five days™
issue of
7.3
+
328,695,980
Cleveland
Ten
—
278,000,000
-
Baltimore
Other
263,366,392
331,023,000
___
697,236
1,099,944
+
4,596, 559
2,256, 792
3,210, 330
6.826,252
Cincinnati
Mansfield.
244,224,698
281,800,000
_
St. Louis-
1,109,929
778,465
2.2
District—Cleveland-
Ohio—Canton-^—
—
+ 17.0
—
879,000, 000
925,894,665
Fourth Federal Reserve
4.6
1,010, 709
2,674, 932
7,531,605
;
(11 cities)
—
426,621,793
$
2,375,487
Jersey—Trenton™_™.„
900,000,000
Chicago
1946
$
2,310,169
3,394,516
—
Total
'1
1947
4,980,732
Wilkes-Barre
Our comparative
r
2,796,511
894,000,000
„
At
+ 13.8
812, 697
988,684
,
Philadelphia
Reading
Scranton—;
'
1
.
—
Delaware—Wilmington
New York—
or
Dec. %
954, 831
950,574
Chester
weekly clear¬
week in 1948.
1,086,290
_
Bethlehem
'
Our preliminary
year.
same
Pennsylvania—Altoona—_
clearings
5,
New
Clearings—Returns by Telegraph
our
Inc.
;
Third Federal Reserve
District—Philadelphia—
'summary for the week follows:
in
1948
■
$
with
it is possible to obtain
loss for the week ended Friday
a
t
.
Saturday, Feb.
$13,965,569,784 against $14,341,170,293 for the
center there is
.
compared
ings will be 2.6% below those of the corresponding week last
'
r
telegraphic advices for the chief
upon
for all cities of the United States from which
'
'
,
_
43
Week Ended Jan. 29
I
.
,
t*his
FINANCIAL
8,250,102
5,900,612
326,013,060
7,802,723
2,818,485
,
#4
COMMERCIAL
THE
(640)
FINANCIAL CHRONICLE
&
Monday, February 7, 1949
Company and Issue—
Foreign Exchange Rates
Hoe
CERTIFIED
RATES
EXCHANGE
28,
1949 TO FEB.
Buying
Noon
1st
(closed)
Roberts
&
bonds—
1st mortgage
Inc.,
Atlanta
.•
1st
$;v'.
$
.297733*
.251247*
.200000*
$
.297/33*
.054406
.054406
.054406
.054406
1.000000
1.000000
1.000000
1.000000
.925703
.926484
.928046
.928750
.301166
.301166
.301166
.301166
.301166
.020060
.020060
.020060
.020060
f
Union
—
.020060
Czechoslovakia, koruna—
5%
District
6%
.926875
.208535
.208535
4.031484
1st
4.031484
Rio
Electric
Building
Corp.
Janeiro
.004671*
francs
.003140*
',.003138*
.301678
.145298
.145284
.145212
.145045
Appalachian Power Co., 6%
-.376357
.378500
.376500
.376375
Canadian Converters
1.000000
l.OOOOCO
1.000000
1.000000
?„
.301678
1st
1
*
1
*
CALLED
ISSUE
Date
July 1
.925625
.926250
.924375
Delta
3.991542
3.991542
3.991542
Kline
debs., series A, due 2024
*
Collieries
Brothers
*
*
378
and 1957-Mar
1952
Co.—
series
due
A,
.201580
.201580
.201580
.201580
La
.496750
.496750-
.496750
.496750
.496750
.040328
.040325
.040331
•Portugal, escudo
.040317
.470833
.470833
.470833
.470833
.470833
•straits Settlement, dollar
.27P228
.278228
Apr
bonds, due 2024
Jun
debs., due 1958_Mar
Shawmut Bank Investment. Trust—
4 »/2 %
and 5% debentures,
due 1952
Mar
.201580
Mhttippine Irlnnds, peso.
—
.233329
.233629
4 007500
4.007500
4.007500
.658300*+
.658300*t
.658300*+
.658300*+
.588223*+
.588223*+
.588223*+
.588223*t
.561799*+
.561799*t
.561799*t
.561799*+
,531909*t
.531909*1"
thousands
(In
of
Jan. 26,
$
$
fund
for
advances—
854
Notes
5
5,220.126
+
241,214
+
51,650
—
10,191,054
securities.
Total U. S, Govt,
loans
securities—
and
—
+
22,215.349
+
22.513,280
1,147
73,700
176,164
14,935
—
—
32,258
158.976
premises^
assets!
—
2,102,836
—1,149,250
5,113,265
+
+1,692,556
—
+
15_,563
147,538
45
3,978
118,474
48,883,923
+
+
659
25,700
+3,112,513
1949
federal
Reserve
Loans—grosst
Commercial, industrial,
12,680
19,711,208
324,185
V.
S.
+ 2,626,901
—
acct.
gen.
1,28a,897
148,440
+
667,806
225,678
3,068
Foreign
731.331
51,542
+
Other
471,571
13,123
+
Total
Other liab.,
111,080
+
1,300
+
83,268
10,715
1,567
4,103
48.095.745
124,027
890
liabilities
Treasury bills
w---
Treasury notes
—
136
2C2.757
466,711
27,543
96,167
—
+
5,747
18,522
+
with
Reserve
Cash
in
accts.
48.888,923
certificate reand F. R.
V note
liabilities combined—,v
•Contingent
liability
on- bills
purchased for foreign cor¬
Ratio
-
5,417
56,172
—
118,474
+3,112,513
Commitments
trial
50.3%
0.2%
make
0.4%
573
+
309
13
660
25
+
—
+
—
—
—
—
—
+
—
—
—
9
4
3
—
+
50
+
8
338
+
—
389
102
10
163
10
3
Time
S.
deposits,
—r
,
132
+
—
—
5
3
—
+
152
+
+
8,795
59
679
to
—
563
interbank
during
19
1,667
preferred
—
—
+
11
26 7
The condition statement of weekly reporting member
the
Federal Reserve System in leading cities
following
and
preferred
News
American
Potash
Class
A
B
$4
184
204
5%
Individual loan items are reported gross,
i.e., before deduction of valuation reserves, instead of net as previ¬
ously reported. Year-ago figures have been adjusted to a gross basis.
Powder
Tack
of $338,000,000 in holdings of United States Gov¬
securities and $563,000,000 in demand deposits
ernment
credited to domestic banks, and an
increase of $267,000,-
COO in borrowings.
Commercial,
creased $14,000,000
v-'*
and
agricultural
loans
de¬
in the Chicago District, $11,000,000 in
the San Francisco District, and $33,000,000 at all report¬
ing member banks.
gurchasing
or
Below will
be found
ities increased $309,000,000.
de
Bankers
3-1
3-15
3-15
3-15
2nd
Belden
given in the "Chronicle."
4
3-15
4-
1
3-15
4-
1
3-15
2-
1
1-22
3-
1
2 10
6-
1
5-21
3-
4
3-
1
2-11
30c
4-
1
3-15
+ 15c
3-
1
2-10
25c
25c
$1.25
3-
1
1-20
3-
1
2-15
2-
7
(accum.)
50c
25c
——
Inc.,
1-20
3-15
2-2L
1
2-15
3-
50c
x.
Show,
3-15
:
___.
(quar.)
& Shippers Insurance
%
3-10
2-24
50c
2-28
2-l!>
2-10
+5c
30c
$1.50
1
4-
1
2-28
2-11
5c
3-
1
2-15
3-
1
2-15
21c
(quar.)
3-
15c
—
com.
;
Co.
(N.
Y.)
2-18
2-10
$1
+25c
*12%c
15c
30c
2-15
2-
3-15
2-28
3-15
2-28
3-
1
2-17
3-
1
3-
1
2-16:
3"
1
2-17
1
3-15
3-10
—
—
—
of Canada, Ltd.
(quar.)—__
—
—
class
$1.20
Beaunit
1
3-
2-10
Los
& Seelig
Barlow
ing tenders, and the page number gives the location in
current volume (except where indicated) in which
4-
1
—
pfd,
Quarterly
Extra
4-
(quar.)_
A
Mines,
Barber-Ellis Co.
the
A
Mills,
Manufacturing Co., com
(quar.)
Inc.
25c
Co-, (quar.)—„30c
(reduced)
Manufacturing
—
2
2-1T
Belgium Glove & Hosiery Co. of Canada, Ltd.
NOTICES
Company and Issue—
secur¬
2-10
—_
(quar.)
$2.50
(quar.)___
Andes—
American shares (interim)
and common stocks called for redemption,
those called under sinking fund provisions.
date indicates the redemption or last date for mak¬
the details were
A
preferred
6%
Banco
list of corporate bonds, notes,
a
5
2-15
31(4c
(quar.)
Co
Radio
Baltimore
preferred
including
Loans to brokers and dealers for
carrying United States Government
Balfour
Notices
The
industrial,
Babbitt
Redemption Galls and Sinking Funds
principal changes for the week
$321,000,000 in loans, de¬
5
3-
$1
'
Ltd.—i
(B.
T.), Inc.
(quar.)—
Building
(quar.)
Gold
4
3-17
1
2-10
——
Co.—
Co.
Co.
Corp.
9
37(40
37%C
—
1_
Refining Co. (quar.)
Brewing Co. (irreg.).
Atlas
4-
2-
3-
Atlantic
Atlas
,2-21
2-15
(accum.)____-———
Laundries,
Atlas
3-10
37'/2c
31 (4c
31 (4 c
28;/aC
25c
25c
$1.12%
common.:
Anglo Canadian Telephone, class
Anheuser-Busch,
Inc.
(irreg.)
1948,
2-14
2-
1
3-15
.___
Glass
Carpet
1
1
4-
5cJ
$1.18%
(quar.)
quar.)___
quar.)
(quar.)
Atlantic
3-
3-
Chemical—
&
Wringer
American
3-18-
3-15
(quar.)
preferred
9-15
5c
(quar.)—
(bi-monthly)
Window
1
4-20
25c
4% % pfd.
(Illinois) —
Ltd.,
(quar,)_.
preferred
American
3-15
10-
40c
——
Co.
American
3-15
1
$1.25
.___
(quar.)___—
(quar.)
Co.,
3-15
1
4-
$1.75
(quar.)__
___—
preferred (quar.)
preferred (initial
preferred (initial
Metal
1
4-
(quar.)
—4c
(quar.)
Artloom
30,
quar.)
Co.
Marietta,
4-
Co.—
Electric,
&
American
21,968
•ended Jan. 26: An increase of
creases
Gas
Common
502
4
2-24.
2-24
(quar.)
Extra
1,153
454
455
+
+
pfd.
preferred
(quar.)
Furniture
American
Aunor
•shows
Co.,
American Investment Co.
deposit accounts, except
U.
S.
Govt,
accounts,
week
——_—
5%
(increased
Common
5,343
Condition Statement of Member Ranks
of the
(quar.)
7%
5%
2-
3-15
$2.50
$2.50
75c
$1
12I/2C
$1.25
(quar.)
(quar.).
Co.
Can
American
11
113
—
1,531
410
,'
demand
common
Shares
$1.25
2-21
3-15
Co.—
(s-a)
Business
Class
banks
Foreign banks
RR.
(s-a)
Corp.,
Aggregates,
4'4%
3-10
2-15
50c
preferred
5%
1
3-15
4-
20c
25c
common..
(quar.)
Youngstown
American Chain & Cable
4,135
—
65
+ 2,021
1,223
deposits
Government
tBeginning June
tianks
preferred
&
Brewing
4%%
47,665
15,024
adjusted
except Government
deposits
Co.,
Bearing
American
—
+
—
Holiere
50c
American
173
2,101
1,705
—
When
Payable 0/ See.
50c
Stores
4%
Altes
125
48
555
55
368
3,912
—
In the
are:
+25c
+ $1.25
(s-a)
preferred
preferred
5%
Liabilities-
Debits
indus¬
loans
+
24,830
Borrowings
3,332
to
2,033
5,511
1,034
Balances with domestic banks
Domestic
to deposit
respondents
Canton
Common
Interbank demand deposits:
gold
of
serves,
—
2,130
Banks
Reserve
Roller
&
American
+
U.
,
Federal
vault.
Demand
Total liabilities & cap.
—
4,171
14,710
803
securities
Other
Capital Accounts—
._
week
8hare
American
187
452
3,909
33,411
U. S. bonds—
Capital paid In
Surplus (Section 7)
Surplus (Section 13bi___
Other capital accounts.
+
+
4,084
235
Treasury certificates of indebtedness——
Total
this
(reduced)
Co.
convertible
5%
Akron
5%
419
securities—total
announced
Extra
obligations
loans
+3,032,072
incl. accrued divs.
Ball
Allied
banks
to
Government
8.
2,013
pur¬
loans
estate
Other
U.
2,101
1,876
+
securities
Other
3,523,453
2,309,484
+
Wire
Aetna
—
33
35
70'/*
225
show the dividends previously
dividends
Acme
321
—
—
—
—
grouped in two separate tables.
are
Sugar Refineries, Ltd.—
A partic. preferential
(quar.)
preferred (quar.)
5%
27
321
purchasing or carrying:
obligations
for
%
par)_____
——
Class
+
Government
S.
Loans
22.198,007
deposits
for
par)
Per
and agricultural
dealers
($300
week.
we
The
Jan. 28,
1948
+
securities
loans
U.
Real
©eferred availability items
Ice
&
declared.
carrying:
or
Government
S.
Other
Other
and
brokers
to
U.
Treasurer
Coal
Acadia-Atlantic
—
15,381
Wednesday,
announced, but
paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
which
or
62,852
25,270
—
chasing
570,546
23,577,539
acct.
notes
bank—reserve
1949
on
$ per share
Bank ($20 par)
Co., preferred ($100
Vame of Company
25,557
Investments—total
and
Loans
Loans—net
©eposits:
Member
Jan. 19^
.
Boston,
which have not yet been
(in millions of dollars)
Assets—
Loans
—
168.
bring together all the dividends announced the
Then we follow with a second table in
we
current
Dec. (—) Since
Jan. 26,
loans
Liabilities—
HVol.
167.
National
Athenaeum
Dividends
first
13,934
—
§Vol.
DIVIDENDS
City,
Inc. (+ )
12,068
—
Walker
Boston
member banks follows:
46
•
Noilhampton
8
$64,000,000 in the Chicago District, and $267,000,000 at all
reporting member banks.
A summary of the assets and liabilities of reporting
1,748,387
+
166.
STOCKS
reporting member banks
Borrowings increased $190,000,000 in New York
—4,374,295
+
*
111260
-
1
deposits increased in all districts. Demand deposits
credited to domestic banks decreased in all districts.
1,135
—
2:
25
ment
56,966
—
149,313
2*622,696
items
assets
43,000
49
foreign banks
1?, R. Notes of other banks;
©ue from
Total
'
1,342,144
+
—
<+
'
Bonds
Bank
—
6.389,919
414,250
-
Certificates
Other
1,016
161,224
—
securities:
-
^Uncollected
68,117
26,775
—
370,406
297,077
—
—
tVol.
Shares
$163,000,000.
Demand deposits adjusted increased $68,000,000 in the
Chicago District, and decreased $56,000,000 in the San
Francisco District; the net decrease at all reporting
member banks was $5,000,000.
United States Govern¬
+1,410,261
3,224
+
23,041,945
ctf. reserves
asndustrial loans
Total
29,999
+
~
623,514
cash
Feb.
Government bonds increased in all
District; the total increase at all
$
R.
F.
1951_
issue.
districts, the principal increases being $46,000,000 in the
Cleveland District and $34,000,000 in the San Francisco
1948
...
due
this
in
1
Anytime
Co.—
RR.
5s,
Transacted by R. L. Day & Co.,
was
22,418,431
certificates
dotes
Bills
mortgage
'Announcement
of Treasury bills decreased $133,000,000 in
City, $100,000,000 in the Chicago District, $71,-
ings of United'States
Feb. 4,
1949
1949 •
and
Coal, Iron &
General
000,000 in the San Francisco District, and $389,000,000
at all reporting member banks.
Holdings of Treasury
certificates of indebtedness decreased $102,000,000. Hold¬
Increase ( + ) or
,vFeb. 2,
Assets—
Holdings
New York
decrease (—) since
•
112226
§1591
*
1
1
1
___
6%
Co.,
Auction Sales
dollars)
-
V^vVV--i''V
Govt,
Tennessee
tApplication depends upon type of merchandise.
Reserve Banks Combined
f). S.
■
.
.-531909* t
Statement of Condition of the 12 Federal
discounts
•
1
"
.531909*+
rate.
1949-1964
debenture
Advertising
.531909*+
Closed
,
•,
due
6%
Co.,
Outdoor
.588223*+
.561799*+
peso-
Dotal gold
.233629
.233629
bonds,
Power
Pacific
.658300*+
ffruguay, peso
tfruguay, peso
Cooperative Federee de Quebec—
2%-3 % %
Ohio
4.007500
.233629
4.007500
tfruguay, peso
Other
.278228
.278228
.273228
•Sweden, krona
•Switzerland, franc
©nion of South Africa, pound
Page
t241Q
1
>•
bonds,
due
A,
ser.
Telephone
4(4%
.040321
Morway. krone
.
„
1961——Mar 28
Corp.,
5%%
debentures, due 1956—.-Feb
1
Co., 5% sinking fund notes/due 1954_Feb 15
bds.,
Independent
mortgage
.924166
Closed
3.991542
■:—
*
537
Ltd.—
Co.,
3%%-4%
mtge.
1st
3.991542
.923125
Free
1
1
cinq
Company and Issue—
.301678
.
Citizens
Mew Zealand, pouna
1965
and obligations de
ENTIRE
1.000000
.a
3
3
497
497
205
Apr
1961
due
5%_—
-
•
.376500
Official
.
Mar
bonds,
due
bonds
.301678
•Newfoundland, dollar—
.
Mar
—Mar
:
4%
bends,
.003138*
•Netherlands, guilder
B
.004671*
.003138*
series
Tramway, Light & Power Co., Ltd.—
mortgage,
50-year
.145325
-
112328
Seattle—
of
.301678
:
376
1
1st mtge.
1962
.003140*
fndia, Dominion of, rupee
•rfexico, peso
375
15
series A
Co.,
due
3%%
mortgage
de
5%
.004671*
.004671*
486
1
—Feb
1961
due
bonds,
Cc., collateral trust
Richmond Terminal Ry.—
.208535
4.031484
.004671*
1965
Co.—
bonds,
gold
debentures,
cents
(^Metropolitan), franc—
1
4!4s, series D, due 1962—Mar
Pittston
.208535
Closed
4.031484
•Jngland. pound sterling
1.000000
*
4.031484
.203535
•Denmark, krone
1963
<
A.
Terminals
5J/2%
mortgage
Empire
.054406
•
Co.—
series
mortgage
Paramount
Free
Mar
Mar
due
3s,
Apr
1
Apr
1
SVis, due 1969_Mar 1.,
Equitable Gas Co., 1st mortgage 3V4S, due 1973
Mar^l
Firemen's Insurance Co. of Newark, N. J., $4 pfd. stk._Feb 16
.022848
.022848
■
3%s,
due
A,
River Power
1st
.022346
Closed
Page
Date
series
4s,
1st
3.212313
.022846
—_—
Official
•Ademption
209
.
REDEMPTION
mortgage
1st
Co.,
and refunding mortgage
Cleveland
.200000*
.200000*
3.212313
3.212313
___________—...——.
Ceylon,, rupee:
Light
mortgage
1st
.251247*
.251247*
.251247*
.200000*
.022846 :.<■
Canada, dollar—
Gold
*
Chicago & Western Indiana RR.—
.297,83*
3.212313
3.212313
________
Helgium, franc
-Urazil, cruzeiro
Gas
mortgage
1st
$
$
.297733*
'.A-
.297733*
.200000*
_____—
—
Feb. 3
Feb. 2
Feb. 1
Jan. 31
.251247*
——
Australia, pound
•Nominal
*
7
Feb
Carolina, Clinchfield & Ohio Ry.—
United States Money
in
Jan. 29
$
■
peso—
"regular" products™—
"non-regular" products
products..:
Uruguay,
*
*
1
___Mar
due 1954
6s,
Company and IsSue—
'
\
Connecticut
For certain industrial
•France
6'/2%
mortgage
Oake,
PARTIAL
1930
Rate' for Cable Transfers in New York
Jan. 28
For
TARIFF ACT OF
3, 1949, INCLUSIVE
Value
Country and Monetary Unit
TREASURY UNDER
TO
BANK
RESERVE
FEDERAL
BY
JAN.
For
Page
Co.,
record for the week just passed:
a
FOREIGN
Argentina,
Date
,
Inc., class B stock
Mar 18
1st mtge. 5 %■ income bds., due 1953_Feb 24
Laundry Co., Inc.—
&
Lackawanna
requirements of Section 522 of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
to the Secretary of the Treasury the buying rate for cable transfers on the different countries of the world. We
Pursuant to the
give below
(R.)
Hotel Drake Corp.,
Aroostook
Valley RR.,
-
1st & ref.
OF
Common
TENDER
Date
•
mtge. 4I/2S,
Cooper; prewing; Cov< Inc.^ class; A
Eibb
*
due 1961-Apr 12
.ant^B stock———_Feb;28
5%
Page
^
-»•
-a.
m
4a
„
preferred
——
Co.
(quar.)
+ 15c
4-
___
:_——
(quar.)!
Manufacturing
1 +25c
4-
1
3-15
4
1
3-21
,_==sr—r
\.. 50c
Volume
169
Number 4775
THE
Per
Name oI
Company
Bishop
Oil
Extra
Co.
pfd.
(quar.)
_
'
Sivalls &
4.25'/>
(quar.)
Bryson,
prefeired
Inc.,
Blaw-Knox
Co.
Blue
Foods___
(quar;)-',
com.
(quar.)
I
—--j-.—i--
Name of Company
international
Products
3-15
30c
$1.06¥4'
3-1
3-
Jahn
Engraving
2-15
1
1
33-
1
3-15
2-14
1-25
Gas
&
Oilier
&
Jersey
1
3-12
2-10
25c
Indiana
1
3-23
Water,
Insurance
Increased
Kentucky
Co.
Inc.
(quar.)
3-21
3-
3-
2-10
Kern
2-15
1-27
Kress
3-20
Laclede
.
3%%
preferred
Brown
Lexington Water
2-14
Co., common—;—preferred
(quar.)_>____
30c
Company,
$5
'
3-
1
2-15
Common
4-30
4-14
15c
1
25c
3-
2
2-
25c
3-2
2-7
50c
3-
1
2-10
:—--
30c
2-28
2-18
Co., T/t preferred tquarj____
Edmonton Corp., Ltd. (,s-a)
$1.75
3-15
3-
Hill
&
Co.
(quar,)*-
&
(F.)
Mfg.
Burton-Dixie
Co.
Corp.
(reduced)
(quar.)
Water
Calgary
&
$5c
4-16
prelerred
(quar.)
27%c
2-15
5.3%.
preferred
(initial)
30 %c
2-15
California
Western
Life
Insurance
Canada
&
Foundries
Dominion
A
Co., Ltd
Forgings, Ltd.—
Tire
Canadian
Western
Corp.,
2-28
$20c
Ltd.
Ohio
!
(quar.)—_
Gas
Co.,
$30c
Ltd.___
Power,,
Central
Surety
Insurance
3-25
2-11
2-15
3-31
3-18
4-15
.4-1
Century
R.bbon Mills, Inc. (quar.)
Champion taper & fibre Co., common
2-15
2-
2-15
2-
3-15
3-
3-
1
1
20c
3-
1
3-
Steel
preferred
(quar.)
Stores,
Inc.,.
common
1
1
50c
3-
1
(quar.)
50c
3-
1
iquar.j
62%c
3-
1
37Vac
3-
1
2-15
Coioraco
Miliing
Columbia
Class
Elevator
Broadcasting
A
Class
&
iquar.)
____
(reduced)
B
35c
(reduced)
,
Commoil,
Ltd.
Confederation Life
,
Association
Motors
Zellerbach,
Crum
&
7%
Forster
$4
prior
Co.,
preferred
Sons,
Dahlstrom
Monte
Delaware
Dixie
■
Dr.
Duncan
2-28
1
(quar.)
4-1
3-4
$1.75
___
3-
1
2-15
3-
1
2-15
35c
15c
(quar.)
J
3-
1
3-
1
iquar.)15c
3-
1
$1.75
._■
iquar.)
4\
$1
(C.
A.)
1
(resumed)
7c
2-15
2-
(resumed
7c
2-15
2-
$18.75
2-15
2-
Eagle
nosiery
Picher
East St.
6%
Mnls,
Co.
Louis &
6','
iquai. 1
preferred
Walker
Coe
$1.50
new
com.,
(initial)
50c
Gas
(M.
$4
Works
3-
1
1
1
2-
3-
1
1
2-15
50c
3-
5
2-19
Extra
Ltd.,
class
A
Co.,
General
General
Builders
1
1
75c
3-
1
2-15
10c
3-16
3-
3-31
3-15
20c
3-
2-21"
75c
Dry Batteries, Inc.
Fircproofing Co., common.
Iron
(quar.l_
3-11
Works,
General
Steel
$1.75
V/c
preferred
(accum.)
General
Gilbert
&
Gliaden
Bennett
4'/2%
Grand
pi'efemd
Ltd.,
Bank
4%
(N.
Warehouse
________
(quar,);^i*ii
pfd.
(quar.)
2-15
3-
2
56V^c
4-1
3-
2
$1
3-31
3-14
___
Y.)
(s-a)_____
Cold Storage—
&
$2
)
.
Common
TA
Corp.
-
Hart-Carter
$2
6
r'/c
1st
Hawaiian
Hazel-Atlas Glass
Hotel
Huston
Imperial
$1.50
(quar.)
(quar.)
Utilities
&
1-31
4-
1
B
(quar.)
3-
1
2-15
3-15
Color,
partic.
Ltd.,
common.
preferred
2-4
1-28
(quar.)
55c
3-10
2-19
25c
(quar.)
2-15
2-
J25c
t37y2c
3-
1
3-1
5
2-18
2-18
8
2-
8*
2-11
2-
3-10
2-17
1
S.
Co.
50c
3-
1
2-14
$$1.25
3-
1
2-10
$1.06V*
2-15
2-
2-
40c
1-27
8
1
93%©
4-
1
3-10
45c
3-
1
2-15
93%c
(quar.)
4-
1
3-15
$10c
3-31
3-
4
3-10
2-21
$1.50
(s-a)
2-18
2-
2-18
2-
8
1
1-25
1
2-10
3-
1
2-10
3-10
2-18
3-
2-15
25c
1
3-15
(quar.)______
3-31
3-31
prefeired
Bakeries
4-
1
2-18
4-
1
2-18
3-
1
2-15
3-
1
2-15
2-11
8%c
2-
2-15
2-
20c
2-9
2-2
$20c
3-15
2-28
2-15
2-
$1.75
(quar.)_
33-
56c
:
1
1
5
2-11
1
2-15
50c
4-
1
3-15
$1.25
common-
4-
1
3-15
$2
_
3-15
$1.50
3-
2-15
2-17
2-15
$5
2-25
2-15
2-15
1-31
4-
3-
1
5
2-19
2-15
2-
8
2-15
2-
8
40c
3-10
2-15
40c
quar.)
2-18
2-10
3-
25c
r
1
2-18
50c
3-10
2-19
$1
quar.)
3-10
2-25
4-
1
3-1
$1.25
(quar.)
&
preferred
Roxy Theatre,
Inc.,
Common
preferred
pfd.
Joseph
Stock
St.
Joseph
Water,
St.
Paul
Union
Yards
6%
pfd.
Stockyards
Scars Roebuck & Co.
:
(quar.)
(quar.)
1
1
9-20
12-22
3-
'7"*$31V4
1
3-
l-
8-20
1
2-19
2-19
3-21
i'a-
3-10
1.
(J
2-17
10c
2-28
2-14
40c
3-12
2-15
$1
3-15
2-15
50c
4-
1
50c
7-
1
6-15
75c
(quar.)_
3-
1
2-14
3-15
2-
2
25c
2-16
2-
2
$1.50
3-15
com.
(quar.)____;
_J
Zellers,
Ltd.
2-15
1
2-15
-2-28
2-15
2-
1
$1
2-
1
1-21
$1
2-
1
1-21
$1.25'
(increased)
com.
3-15
$2.50
(A. B.) Co. 4% pfd. 1st ser. (quar.)
preferred 2nd series
(quar.)
Youngstown Sheet & Tube (Increased quar.)
4%
3-15
2-18
$50c
5-
1
(quar.)__
$37%c
5-
1
4-15
(quar.)
preferred
$31740
5-
1
4-15
preferred
<
4-15
Below
give the dividends announced in previouj
The list does not include divi¬
we
weeks and not yet paid.
dends announced this
week, these being given in th#
preceding table.
Per
Name of
A.
A
B.
T
C.
Company
Vending
F
(quar.)
New
common
Mfg.
Alabama
Gas
Alberton
Alpha
Allied
(initial)
Alloy
Cast
(quar.)_
4%
Steel
Co.
Canada,
(quar.)
of
preferred
Aluminum
Goods
Mfg.
Co.
American
3-10
American Automobile Insurance
1
1
2-15
1
2-15
American
2-25
2-15
American
2-
1-20
Box
1-31
1
2-15
2-7
4V2%
2-7
American
Gas
3-
1
Common
2-10
Common
$1
3-1
2-15
3-19
3-10
3-
2-15
share
share
each
10c
3-10
2-22
3-25
3-10
50c
2-
4
1-28
$1.50
3-
American
$2.50
$3
&
Co.
2-15
1-31
3-15
3
1
3-
1
2-
2-18
2
20c
4-
1
3-14*
3-
4
2-
3-
4
&
Co.
Electric
each
extra
of
share
1
2-15
2-28
2-12
2-15
2-28
2-18
12'/2c
3-
1
2-18
3-
12'/2c
preferred
1-20'
1
2-18
30c
3-15
2-28
4-15
3-31
25c
_
3-15
Co.—
2-
9
3-15
2-
9
3-15
of
2-
9
3-
1
1-28
62 %c
3-
1
1-28
75c
3-
1
1-28
75 c
3-11
held
dividend
City
1/100
Electric
Corp., $2
(quar.)
pfd.
■.
of
Co.
a
for
(quar.)
50c
—
(quar.)
1
2-11
American Hide & Leather, 6% pfd. (quar.)
American Home Products
(monthly).,
-37V2c
1-31
1-27
American
50c
3-10
2-10
Indemnity Co. (s-a)
American Machine & Foundry
>
a
com¬
held
General
preferred
3-
75c
$1.12%
City Electric Co.
stock
2-18
12%c
—
—
cash dividend
dividend)
2/100
Atlantic
2-14
2-10
3- 2
50c
common-
(quar.)
1
2-28
(Hartford)—
(quar.)
—-
Hoe
(slock
share
2-15
2-15
2-18
-
$1
quarterly
for
mon
9
1
25c
of Atlantic
Common
2-
1
3-
87 y2c
_______
_
Fork
3-15
"
__
(quar.)
Co.
preferred
3-10
1
___
Co
Board
Can
American
3-1
3-
_
Extra
2-15
3-1
_
(quar.)-American Encaustic Tiling Co.
(quar.)
American Forging & Socket (quar.)
3-
1
_
(quar.)
Quarterly
85c
2-15
4-
30c
Arch
3-
37'/2c
37 Vic
$50c
American Airlines, 3%% pfd.
American Aggregates Corp.
3-
1
1-31
2-15
$25c
2-15
4-
2-
2-10
3-10
30c
2-15
Ltd.
2-15
1
Ltd.—
1
3-1
2-19
1
35c
(quar.)_
1
12 %c
2-28
3-
15c
$2.50
•
3-10
25c
(quar.)
Co.
1
1-31
37 %c
_
Extra
Aluminum
3-
1
$1
_
_
'
Inc.
Company
3-
1
'
(quar.)
Co.
3-
2-
$1
Institute, Inc.—
Laboratories,
3-15
3-20
2-15
8 7 V2 C
1
i
1
5c
_
(initial)
(increased
4-
30c
_
(initial)
Cement
(Louis)
3-26
$15c
_
common
preferred
3-31
51c
Ltd.
Corp.
Allis
1
2-26
$1.25
Stores,
Corp.__
Kid
Allied
3-
3-15
3-15
22 v2c
preferred
Portland
1
3-30
Inc.—
Shoe
Corp.,
prior
4-
25c
__
Radio
5
25c
common-
(quar.)
Equipment,
(initial)
Surpass
Aircraft
$3.50
(quar.)
Gas
convertible
Agnew
1-27
$25c
Co.
Engineering,
preferred
Common
2-
2-15
Ltd.—
(initial)
D.)
2-15
25c
Aetna-Standard
Affiliated
Holderi
Payable of Rec.
20c
Inc
Adams ,(J.
When
Share
Corp.
3-
20c
——
7-
10-
$1.25
25c
1
1-3-50
$1.37%
Co
Aluminium,
12V2c
(quar.)
3-21
3-
Mfg.
B.)
2-18
12V2c
Ryan Aeronautical Co
Ryerson 81 Haynes, Inc..:
1
2-16
Louisville—
1
4-
15c
50c
(quar.)
2-25
62V2c
(quar.)
3-1
37'/2c
(quar.)_____
8
30c
COc
pfd.
4-
3-
Vv
conv.
1-24
4-15
62V2c
______
_________
preferred
1
$1
:
Lace
(J.
5c
$1.5G
50c
(increased)—^
Co.
Company, 4%
20c
Bottling Co. of
(quar.)
1-24
2-
62V2c
1
Hampshire—
Royal Crown
3-15
3-10
62'/2c
1
7Vs>c
(quar.)
1
12Vic
_2_
25c
pfd. F
2-14
4-
(quar.)
—
4-
$1
4%
3-16
1
10c
Auto
$1.37 V2
__
quar.)
Rochester Gas & Electric,
Roos Bros., Inc.
(quar.)
1
3-
62V2c
(quar.)____
$75c
Gas
3-16
4-
75c
com.__
3-
Ltd.—
:_
1
$1.50
■
.
•
________
30c
Corp
Valley
-
50c
'
Co., •common..
Specialty
Alexander Hamilton
75c
fquar.)
1
50c
$3
T
Stoker
2-
2-18
1
$1.50
.
2-15
1
Company
$1
preferred (quar.)
Wilson Line, Inc., common
5%
1st pfd.
(s-a)
5%
(quar.i___
1
3-10
(quar.)
&
convertible
Williams
2
33c
(quar.)
Corp.
Company
2-19
3-31
.
Co.—
New
1
Supply Co. (quar.)
Westinghouse Air. Brake (quar.)___________
3-10
(quar.)
of
2-18
3-
$1.0674
.
$75c
Co.
5
3-10
3-31
(quar.)
Co.
3-
3-
•
•Virginia Dare, Ltd., 5% pfd. (quar.)
Virginia Dare Stores Corp. class A
Walgreen Company com. (quar.)
4%; pieferred (quar.)
5%
50c
Water
2-15
3-15
93%c
-
Wallpaper, Inc., 4% pfd.
Knitting
Co.,
common
Norman
2-18
(quar.)
(quar.)
1
3-10
Abitibi Power & Paper
Co.,
(accum.)
2-14
3-
3-
Valley Mould & Iron, com.
$5.50 prior pfd. (quar.)
2-28
(resumed)—
Lld.____
series
3-4
'2-28
75c
(quar.)
G%
Paper Co.
1st
2-11
1
$1.75
(quar.)
9
——
preferred
1
4-
25c
(quar.)
9
$1.25
Company
(quar.)
Brewing Co. (increased
Dodge Corp
2-19
3-
3-
preferred
2-
Ltd.—
iquar.)
1-28
25c
preferred
2-
$15c
common
1
65c
preferred
20c
Co.,
2-10
2-
75c
5%
2-4
40c
preferred
1
(quar.)_
5%
3-15
!
Co.,
2-15
3-
5c
convertible
Western
2-18
2-25
$1.12Vs-
Insurance Co. (quar.)
Light & Power Shares, Inc.—.
Utilities
4%
3-10
2-28
3-10
B
Weeden
3-25
75c
.__■'
(quar.)
3-1
$$1.25
(increased
10c
America
preferred
$1.12Vz
(quar.)
(quar.)
Inc.,
2-18
Wrisley
55c
—
(quar.)__
preference
1
Wilkes-Barre
2-
3-
Ltd.—
J
prior
3-
$15c
57e
•
8
$7
Power
$5
2-18
Co.
5%
Van
$1
Company,
1
3-10
$1.75
L__
United
4
$1.50
(quar.)
Telephone Corp.,
preferred
3-
50c
(quar.)__
(quar.)
Printing & Lithograph
5% preferred (quar.)
Utica
10c
Telephone
4-
15c
(quar.)
of
Corp.
Playing Card
United
American—
Co.,
1
$50c
(quar.)k
pfd.
S.
2-11
$$1
pfd.
3-
(quar.)___
Extra
U.
2-11
69%c
Parchment
Grande
5%
U.
1
Co
&
4-
2$c
*pfd.
preferred
Co.
Electric
"■Z Series
5
$$1.5Q
Corp.
preferred
Riley
St.
3-
2-28
■
S.
1
(quar.)
2-17
$2
Co.
4-15
quar.)
Extra
(
2-14
4
3.35%
3-11*
30c
25c
pfd.
,
3-15
2-28
3-15
common..
$5
Public Service
2-15*
30c
(quar.)
iquar.)
Varnish
2-15
2-25
25c
3-30
3-
Princeton
Rio
U.
3-
Pittsburgh Plate Glass Co
Pittsburgh Steel Co., 5% pfd. A
1-31
United
2-24
3-
Extra
2-16
2-17
1
Corp.
Photo Engravers &
Electrotypers,
Irregular
2-16
1
Gas—
pfd.
1
$31V'4C
25c
California—
A
Car
Pacific
3-
4-
Co.,
1
3-
5c
7%
4'/2
com.
of
Elastic
3-22
Y.)
3-
4-
____
Mills
$4.25
Biscuit
3-10
4-15
4-
(quar.
Bearing
Co.
Tank
5-'
1
$50c
(quar.)___
(quar.)
preferred
United
3-25
Purity
1
Union
50c
Power
Insurance
Ray-O-Vac
1
Oil
1
50c
4-
3-
Rubber,
Union
3-
7
2-14
3-
2-18
4
2-10
2-10
4
25c
iquar.)___
$1
2
$31'/4C
(quar.)___
Co.
3-15
2-
1
50c
3-
2-
Plywood,
4-15
preferred (quar.)______.
$3.75
2-15
1
35c
2-17
2-25
3-
6
1
$1
5 V2 %
2-15
5-
(quar.)_
Brewing Co.
Shovel
Tyer
2-17
3-
75c
3-
4-20
3-10
$1.25
50c
75c
Ltd
(quar.)
Peanut
convertible
2-10
Co.
Lighting & Power Co._____________
(Tom)
2-21
15c
_________
1 accum.)
Co.,
Co.
Inc.
Barbizon
Houston
common
Product's,, 6%
Hev/itt-Robins,
2-10
$1.50
!___
preferred
Hercules'Steel
1
common
Co.
Pineapple
2-21
$1.75
preferred
&
2-10
3-14
3-
20c
Corp.
Die
Tex-O-Kan Flour
<
(quar.)
75c
Company,
Electric
2-25
3-15
1
Si
Company
3-
preferred
$6
25c
$1
Haute Water Works
5%
Phillips-Jones
n
4-
Canada
Economic
Philadelphia
2-25
$4
Refractories,
Empire
1
Texas
(quar.)
&
Ltd.,
Manufacturing
Phelps
America
(quar.)
convertible
Havana
of
(quar.)
prefened
Hartforc.
Co.
iquar.)
Harbison-Walker
6#
Tea
(year-end)
preferred
Hajoca
3-
of
(quar.)__
participating
Pfeiffer
1-28
4-1
Terre
3-15
45c
Pfaudler
2-21
40c
.•
3-15
1
59'J8C
Extra
1-20
1
Tennessee
1
4-
35c
—
Peter Paul, Inc. (increased)
Pettibone-Mulliken ^Increased
3-22
3-
2-24
4-
(quar.)
4>/2%
3-15
50c
Furniture
Tool
United
Pepper, (Dr.) Co. (see Dr. Pepper)
Pcpperell Mfg. Co. (quar.)
2-25
1
*$2
Pacific
1
4-
35c
$5
3-17
3-15
3-10
Co.
'
2-21
$1
%
Irregular
Great Atlantic &
1
Talon, Inc.
Taylor & Fenn
Manufacturing Co.
Peoples
7
2%
dividend)
(quae.)
2
2-11
$3
.____
common
Co..
Trunk
(stock
,Mfg
convertible
State
National
Corp.
2-
25c
~
Company,
Golden
Grace
Eqiiipment_-____________
Castings,
$6
pfd.
(aCcum.)
Waterworks
4-
$3.50
Precision
General
y
___________
4
$15c
preferred
(quar.)
Pennsylvania Water & Power
1-28
31V4C
(quar.)
4
2-
40c
Co.
$2.25
1-28
2-
(reduced)
common
prefeired
preferred
General
2-
(quar.)
iquar. t_
Supply,
convertible
1%
25c
$1
A
common
"
2-
2-15
25c
Heat
Fire
Peninsular
2-11
4
2-15
50c
quar.)_
$1.32
prelerred
(initial
quar.)
Pennsylvania State Water, $7 pfd.
Pennsylvania Telephone Corp.—
2-11
3-
AA
(quar.)
America Corp.
General
4
3-4
$25c
Brush
General
3-
$25c
Superior
1
2-15
$ 1.12 Va
Elevators, Ltd.
(quar.)
(quar.)
preferred
(quar.)
Paton
2-11
4
1-29
1
Toronto
common
Light,
Paterson
1
$25c
i_,
B
Common
5%
3-
3-
t25c
Extra
Fuller
3-15
3-
2-
2-19
iquar.)
Corp. (quar.)
Paramount Pictures, Inc. (quar.)
Parkview Drugs, Inc. (Kansas
City)
2-15
1
2-15
2-19
A
Finance
2-15
3-
$1
Canada,
Inc.,
Pacolet
1-27
3-
1
3-
3-15
50c
(N.
4'/2%
preferred
Palestine
2-10
25c
2-15
25c
Paper
<
40c
;
iquar.)
of
1
$1.25
iquar.>_
Co.
2-15
2-25
1
1
■;
Pacific
2-14
50c
3-
1
(quar.)—
&
Company,
Pacific
1-20
3-
2-15
17V2c
Co.
Co.,
(interim)
Oxford
2-15
2-
1
3-
(quar.)
preferred
5%
8
2-11"
1
37'/2C
H.)
Motor
Class
2-
1
3-
50c
(quar.)____.
prefeired
Ford
2-25
3-
$1.75
■/----
Company (quar.)
Company, common (quar.).
Flintkote
„
$1
preferred
Fishman
;
3-
25c
Common
2-11
50c
2-15
3-
(quar.)
Co.,
Industries,
Ottawa
2-11
,
1
$1.25
Telephone—
pitferred
(quar.)__
Omar,
2-18
1
(quar.)_
Brewing Corp. iquar.)
Carpet Co., common (quar.)
5Vr.
1
3-
—
River
l*-27
25c
common
Falstaff
Firth
3-
$1.75
7%
preferred
(quar.)__
Fajardo Sugar Co.
Fall
1
3-10"
3-
Roller
Coal
Power
4%
$1.12 V'a
Standard
(Springfield,
Corp.
Insurance
Extra
6%
,
Inc.,
2-
45c
Goods Co.__
Gregg,
Extra
$1.50
(quar.)_
2-11
1
Paper—
(quar.)__
7%
Light' (quar.)
Copper
Oil
Olin
pfd.
$4
preferred A
(quar.)
!
Paving & Materials, Ltd., com.
Partcipating convertible preferred (s-a)_
Participating preferred non-cum—
,_k'
Participating
State Fuel Supply Co.
Sterling Drug (quar.)
Sterling Motor Truck Co., Inc
2-2
Associated
Ohio
Co.—•
(quar.)___
Dry
&
A
Water
(quar.j
;
Manufacturing Co.,
&
Faber.
pfd.
__________________
Interurban
preferred
7%
Eaton
Ely
(accum.)
8
2-28
preferred
$12Vic
.Light
preferred
$2.20
1
Preferred
Durnam
Life
Scotia
Ohio
1
1
2-
$4
9
$1.75
com.
Electric
preferred
Ohio
1
B
1
1-15
2-
$1
O'Okiep
Company—
A
3-
1
2-15
Timken
;
(increased
Gas
4%
2-11
Class
3-15
2-19
Co.
Co.
Co.
6%
2-28
Class
.
Nova
3-21
3-10
2-15
2-19
com._
Machinery
State
Shares
2-21
25c
2-15
1
1
(quar.)
Insurance
Northern
2-18
(quar.)
Co.
Chemical
Illinois
2-17
Extra
Dunham
1
1
1
Extra
2-15
15c
Co.
&
Northern
3-10
1
1
3"3-
3-
Co
Ry.
Products,
Northern
3-10
4-
„
2-21
3-25
62V2C
,
Mfg.
3-
25c
iquar.)_____
3-
$1.37V2
80c
.$3.75 preferred
(quar.)
Newport Electric Corp. com.
3%% preferred (quar.)
Normctai Mining Corp., Ltd
3-4
75c
pfd.
Co.,
(quar.)
Britain
York
25c
$1.37V2
20c
Co.,
Rubber
New
2-11
4y2 %
preferred
(quar.)
Spear & Company, $5.50 1st pfd. (quar.)__
$5.50 2nd preferred
(quar.)
Spiegel, Inc.. $4.50 conv. preferred (quar.)_
Squibb (E. R.)
& Sons,
common
9-21
12-23
3-
(quar.)
Tool
preferred
New
2-14
4-
15c
7%
common
Electric
2-14
$1.75
(quar.)
Drug Co.,
preferred
T'/c
2-14
1
2-11
1
6-21
1
Advance Bag &
$1.50
Ncilson (Win.) Ltd. 5% pfd,
Nciman-Marcus
4V4%
pfd.
2-11
3-1
$1.75
(accum.i
Products—
Co.
3-3
3-
$1
1
3-
1
Thew
(quar.)
Drug
Tea
3-
:—_—;
6%<
__—
National
>2-21,
(quar.)
7
$2
By-Products
2-15
1
10c
Dcor__.
common
(quar.)
Pepper
Dow
Inc.,
Floor
A
'
1
3-
Corp.—
pfd.
Biscuit
National
3-10
3-
$1
$1.05
$7
Properties
Cup Co.,
Class
____
(quar.)
(quar.)_,
Metallic
Del
preferred
,
tquar.)_
Publishing
Cushman's
i
(quar.)
(quar.)
Securities
prelerred
Curtis
3-15
25c
pfd.
nesumedi___
$4
preferred
2-11
1
$30c
$$1.25
common..
preferred
$1.37V2
Louis
National-Standard
$$1.50
t Continental
$4.20
2-25
3-
1-24
1
$1.25.
i,
preferred
com.
1
3-15
25c
1
3-
(Del.) —
Regulator
pfd. A
Machine
Conv.
1
3-
2-
50c
Paper Mills
Ltd.,
3-
3-15
3-15
7-
$1.27V2
Dairy
2-18
3-
3-15
2-
3-10
(quar.)
—
Quarterly
Consolidated Laundries, (quar.)
Container Corp. of America, 4•%■
C;o\vn
3-4
3-15
25c
Southern
3-31
(quar.)___
National
2-18
$%c
_
(Toronto)
3-4
35c
.___
25c
25c
:
3-22
1
10-
2-
8
2-18
15c
;
common
Co.
(s-a)
National
3-10
15c
10c
(quar.)
National
System,—
1
—
Company,
50c
:
Paper Mills, com. (increased
4%%
preferred (quar.)
^
7%
4-
_________
(quar.)...
85c
(quar.)
Life
National
quar.)
Castings
L.)
Storkline
Morris
2-18
(quar.)
4-
$$1.75
—-
50c
1-2-50
50c
Insurance
Mosinee
2
—
93%c
—
St.
2-18
preferied
Co.,
Monarch
2-18
preferred
5%
4-
2-25
5-
(quar.)__
(T.
25c
Products..
Light
preferred
Monarch
(initial
(quar.)_
(H.) & Sons, Ltd.,
Sivyer Steel
Skilsaw, Inc.
75c
93%c
preferred
preferred
Mass.),
—-—
B
Smith
50c
(quar.)
Gas
conv.
A
25c
Minneapolis &
2-11
4%
*
Tube
preferred
3.20%
1-25
«3-
3-21
$1.25
;
—
Minneapolis-Honeywell
2-10
1
6%
2-11
2-
$1.25
..
1
2-19
1-21
2-18
25c
—
(quar.)
preferred:
5V2%
-
2-17
Products, Ltd., 5% pfd. (s-a)_
$25c
Company iquar.)_-__
I—
12%c
City Baking Cc., 7%
preferred (quar.) —$1.75
City Water Co. of Cnattanooga
iTenn.) —
Corp.
Chiksan
5'/e
(quar.)
Products
non-cum.
5%
3-15
Charis
15c
___
Steel
Steel
$5.10
2-11
4-
Colonial
(quar.)
(quar.)
preferred
$2
2-15
50c
tquar.)__
1-31
3-31
2-25
3-15
Ltd.—
(quar.)
redeemable
2-28
62V2c
com.
-
Minneapolis
1
1
$1.12%
preferred
Chatco
*
8%
5
50c
(quar.):.—
3-
40c
^
Co.
1
1
2-28
40c v
90c
(quar.)
(quar.)_,—_.
43-
$1
■
(quar.);/;'
com.
preferred
&
Midland
t$2
i;:
Soya
$4.50
pfd.
Company
2-18
1
5%
15c
(quar.)
(quar.)
Corp.
Extra
Michigan
30c
common--—-
Central
Co.
3-
Simon
4
37V2c
Acceptance (Calif.) —
preferred
(quar.)
Merchant Fire Assurance
(s-a)
2-15
1
2-
$2
5%
3-
2-11
3-15
15c
Gas—
class
Class
Mercantile
2-28
25c
Service,
&
2-10
3-15
t25c
(quar.)
iquar.)
Ligj.it
1
.
:
preferred
3-
1
2-26
$2-
common
Company,
non-cum.
Maytag
3-
$2
—
,
Natural
Corp.
3.6%
Co.,
Ltd.
Illinois Pub»ic
.Central
3-15
$37%c
Fa,rr»anks-Moise
Canadian
4%
Sugar
&
(quar.)
Canadian
'«•'
2-28
$1
—
Canada
Central
3-15
3-17
$2
_____
—
Extra
Carrier
50c
:
1
$1
Department Stores, common (quar.)—
$3.75
preferred
(quar.)
$3.75 preferred (1947 series)
(quar.)
$3.40
preferred
(quar.)
.
4-
2-25
25c
—
Now class B
(initial quar.) _________
Signal Royalties Co., class A (quar.)
$1
May
Co.
2-14
20c
—
State
1
&
Holderi
$20c
-
(quar.)
Oil
When
Payable of Rec.
3-15
,
preferred
Masonite
2-15
3-
$1.75
(quar.)
$5
c,o.—
Semi-annual
Class
(quar.)-
(quar.)
5%
1-31
service
45
23c
—
~———
r
preferred
Signal
New
2-28
50c
(quar.)
preferred
Macmillan
1-31
Waler
preferred
preferred
Inc.
(quar.)
Lyon Metal Products
3-11
4.4%
Caluurnia
37l/2c
Loew's,
1
7%
1-31
$1
8%
7
(quar.)__
B
Common
2-15
(monthly)
preferred
(quar.)_________
87o
-
4
(monthly)
8%
Concen¬
_
3-
2-15
______
8%
2-15
___•
75c
Groceterias, Inc. (quar.)
Joint Pipe Co., com.
(monthly)—_—
Lock
2-15
8
3-
trating
Burkart
3-
pfd.
Share
class A
Extra
2
47c
Common
$1.25
(quar.)
Sullivan Mining
ExLl'a
Butler
,
coram on
preferred
prior
Bunker
,r_
_
7%
Class
2-23
—
(quar.)
Loblaw
4-1
2-
3-15
50c
Company
3-20
2-16
K-l___—
Co.
1
•
93%c
Shoe
$3.60
Buud
3-
&
90c
(quar.)
4-15
H.)
Steel
4-15
—__
•
(S.
2
20c
1
2-25
(quar.)
1
$1
—k
Co
of Company
Corp.,
Sherwin-Williams of Canada,
4-15
Rubber
&
Serrick
"
10c
2-10
Hose
(quar.)
Name
2-14
25c
$1
Mills
Brantford
Per
Y.—
50c
Woven
Bourne
.
20c
1
(quar.)
N.
semi-annual
Utilities
3-
(quar.)__
of
Cordage Co., Ltd., common.
$12%c
$1.30
preferred:; (quar.)
$32%c
Bristol-Myers Co., common (interim)40c
Boston
___
_•_■.
(641)
Holdert
Payable of Rec.
20c
—
Ccunty Land Co. (quar.)
Keystone Cuitodian Funds, series
Koenring Company
Moon
CHRONICLE
When
Share
3-
3-
25c
FINANCIAL
Per
3-15
2%c
Co.
Holderi
3-15
.
23/2C
&
1
Payable of Rec.
$1.50
.
(quar.)___
Black-Clawson
Black,
Share
-
Birmingham Water Works, 6%
When
COMMERCIAL
—
2-24*
10c
3-
1
2-14*
$2.40
3-
1
2-
20c
3-10
4
2-28
46
Name of Company
quar.)
preferred (initial
American
Pulley Co.
___
4% %
American
1
2-24
2-
9
Carrier
2-15
2-
2-28
2-11
25c
2-28
2-
2-28
2-
5%
Special stock dividend
4-30
3-15
____
.—
$3
Service Co.,
American
7-
43c
participating-
pfd.
American
Building Co. (N. J.)____—
Smelting & Refining Co.—
$1
Ship
American
1
6-
2-15
30c
25c
Safety Razor Corp.
Seating Co.
(quar.)
American
8
8
2-
2-28
—-—
—.—
4
American
$3
Co.,
Farms
$1
$5
preferred
2-10
Central
3-
1
2-10
3-
1
1-31
Chain
3-
1
1-31
4-
1
3-15
7-
1
6-15
Common
(quar.)
10-
1
9-15
Common
(quar.)
15c
3-31
3-15
3-15
2-15
Chile
$1.12'%
4-15
3-15
Chilton
$1.25
$1.25
...),
(quar.)
pfd.
(increasedi
(quar.)
%
(quar.)
Associated
Goods,
Dry
Co.
Line
Coast
Autocar
2-15
(quar.)
1
3-
1
$1.50
—
3-
2
A
3-
1
2-10
1
2-10
2-15
25c
3-
1
25c
4-
9
3-
Class
Bell
Howell Co., common
&
preferred
414%
1
2-
1
1
2-
1
3-
i
ii-
l
4-
1
3-10
Cochrane
7-
2
6-10
Class
A
4-
1
3-10
$1.20
preference
7-
2
6-10
Belleterre
Quebec
$1.18%
3-
1
3-
1
"
1
"fjfo'c-
(J.)
Bertram
Class
B
Steel
7%
convertible
5%
Blumenthal
(S.)
Fund.
Boston
Company
Bowes
British-American
Auier.
dep.
American
A
B
Class
(s-u)
Co.,
Brovui
$6
B "
Die
Connecticut
3-31
3-19
Consolidated
&
1
2-18
3-
1
2-11
Consolidated
Cigar
2-25
2-12
Consolidated
Coal
2-25
1-31
Consolidated
Edison
7
2-25
New
+25c
25c
Machine
Consumers
.
Cluss
7
2-25
7
2-25
$4.50
2-25
$4.52
preferred
2-25
1- a
3-15
1
$3.75
2-10
1
2-18
3-15
2-18
'
2-15
$3
•
87'/2c
3-
1
2-
3
Cribben
3
4%%,
$1
3-
1
2-
Crown
f30c
(quar.)
$2
7
$30c
7
7
Crum
4-28
4-
7
4-28
4-
7
Cuban
of
Cork
&
7%
7-
7
Quarterly
10-
7
20c
3-10
1-31
Cuban
Atlantic
5%
3-15
2-25
V
preferred
Burroughs Adding Machine Co.—
Increased quarterly
Bush'Terminal Co. (stock dividendt
Brothers,
4%%
pfd.
1
$1.12%
(quar.)
3-
1
2-
7%
(A.
5%
2
California
Electric
Packing,
common
Class
4 Va
1-31
1-31
3-21
2-21
3-
2-14
1
+20c
3-a 1
+50c
4-
1
.
2-15
Class
Deere
7%
<fc
(quar,>
Ltd.,
Products,
Common
2-22
1-31
1
2-28
Detroit-Michigan
4-
1
2-28
1
2-28
Diamond
6%
Co.,
Ltd.
(annual)
Extra
Canadian
Oil
Canadian
Silk
Cos.,
Ltd.
Products,
Canadian Utilities,
(quar.)
Ltd
Ltd., 5% pfd. (quar.)
3-1:]
3-
1
2-10
3-
1
2-10
+S6.25
(aceum.)
Locomotive
t$l
J" $ 1.7 5
preferred
2-15
t20c
+37 %c
$$1.25
2-15
4-
1
2-15
1-26
3-
1
1-28
Houses,
Dome
2-
2-19
3-
3-15
3-1
2-
1
3-
1
3-
1
V
V
1
2-
2-10
2-15
1-29
2-19
2-
2-15
3-
3-
1
2-28
2-11
3-15
•
$2
2-15
2-18
2-15
1-14
3-31
3-15
1
3-18
7-
1
6-17
9-30
9-16
50c
4-11
3-17
3-17
6-16
2
87 %c
2-15
2-
10c
'—
(quar.)
2-26
2-15
$37 Vac
common
1
2-
1
3-
1
2-
8
3-
1
2-
8
$1
2-28
2-15
1-24
50c
common
Ltd., 6%
3-21
25c
3-23
3-
9
35c
2-19
2-
5
50c
2-15
2-
5
37 %c
3-
1
2-
7
75c
3-
1
2-
8
75c
(quar.)
(quar.)
,
9-
1
8-
9
75c
3-1-50
.
—
<s-aK
3-
3
15c
3-
1
10c
3-
1
20c
2-15
$17 Vac
1-31
7%%
2-
6
12-22
(quar.)
Class
2-15
2- I
2-1
25c
2-15
2-15
37%c
2-15
2-4
7-15
7-15
6-29
6-29
7-15
,
Ltd.,
Corp.,
.
r
6-29
2-15
2-15'
1-14
1-17
2-15
Inc.,
W.)
(H.
Grafton
&
common
Ltd. class A
Company,
Co.
Union
preferred
$2.25
Dredge
Great Lakes
Northern
West
(quar.)__
Great
West
Green
Bay
Life
Assurance
debentures
Income
debentures
$5
$5
Mobile
&
Ohio
(quar.)
(irreg.)
i
(increased)-
RR., common—
i-.*
B (iesumed)
3-15
^
25c
$1
t50c
f$5
.
2-19
2- 4
2-19
2- 7
.
(•
»
2-15
,
-
V : C
2-1
1-23
2-23
1-31
2-15
3-21
2-15
4- 1
3-13
$5
A
2-15
2- 4
$50
$7.50
2-16
2-16
—.
;,
—.
RR.
T_
..
.
$1.25
$1.25
Lime & Alabastine of
Quarterly
Gypsum
3-10
6-1Q
T25c
3- 1
2- 1
3-1
2-1
t25c
* +25c
a
■
3-30
6-30
t25c
preferred
preferred *
Quarterly
Quarterly
Quarterly
2-15
,-2-15
•
56%c
Co.
2-15
3-1
3-15
3-1
3-15
2-23
125c
25c
& Western
Income
Gulf,
-
Co.
2- 4
3- 1
,
Inc.
Ltd
Co.,
1-31
2-28
$1
$1.25
,
& Dock Co.
Railway
Coal
.
;
35c
(quar.)
Stores,
(quar.)
_
(quar.)
Company
Grayson-Robinson
Grand
.
20c
J20c
—10c
(quar.)_•___ ; 37%c
$1
Rubber Co., com. (quar.)
preferred
(quar.)
convertible
$5
Gossard
t50c
150c
common
(quar.)___
preferred
Goodyear Tire &
3-13
.
(quar.)_
(quar.)
Corp.
Goodall-Sanford,
,
1$2.50
Utilities
Gerity-Michigan
4%
'
v'
;
(s-a)
Wares,-Ltd.,
Steel
General
• .
—
Public
General
$1.50
37,%c
B
2-15
1
2-17
—
6-1
9-1
12- 1
5-1
8-1
11- 1
Canada, Ltd.
Extra
2-
3-11
-
-
(quar.)
Mfg.
preferred
2-15!
12-31
2-10*
50c
84%c
—
—
———
Corp.
1-28
2- 4
25c
series pfd. (quar.)
5-10
5-10
1-23
2-15
common
A-
Great
partic. pfd.
(quar.)
Class
Co.,
2-14
2-14
2-;-l
2-15
4- 1
2-15
3- 1
.
;
(quar.)
Products
General
Great
Co.—
(quar.)
Stove, 5%
pfd.
Manufacturing
Mines, Ltd.
2-
1
35c
Electric
Inc.
1
3-
25c
(quar.)
(quar.)
Co.
Co.,
3-
$17%c
cluss A (quar.)
50c
f 25c
12%c
$1,25
pfd. (quar.)
conv.
(quar.)
preferred
2- 1
25c
$1
>"
;
General Phoenix Corp., $1
$1.50
'.2-15
3-15
3- 1
- •
2-15
5-25
" .5-25
2-15
,,
(quar.)__—-r'N5c
common..-.—.—_____
Corp.
Paint
1-31
,2-3
$1.12%
"25c
*•-$1.75
(s-a) __•___—
(quar;)_—
Advertising
preferred
2-15
2-15
—i—-
C
(quar.)
Outdoor
General
5%
4-
>
Mills, Inc., 3%%
General
1
~——
Metals Corp.__—
6%
1-31
3-15
15c
25c
—
common
General
,,
2-15
2-18
2-16
50c -
——
:
Industries,
2- 4
3-31
2n 7.
1-15
,
3- 1
3- 1
(3- I
75c
a
(quar.)
preferred (accum.)
Co., common
General
4
2-15
^
———
(reduced)
preferred
5%
2-28
common
Foods Corp.,
General
2-15
;
..,
$1
(quar.)_
A (s-a)
convertible preferred
.
Extra
2-11
Co.
Co.,
Finance Corp.,-common
General
2-15
-
Cigar
3-14
6-15
9-15
Franklin)
preferred
4%
1
2-11
3-
•
'•
'
$2,50
_—
preferred (quar.)—
7%
General
3-15
1
4-
Co.
(quar.)___
Industries—
:s.% .';V;
conv.
General
2-25"
(quar.).
Company
Wood
4%%
4
2-21
1
•
(quar.)
Co.
Steel
Gamewcll
1
Additional
Dodge
Gabriel
Gar
$50c
■_
;;American deposit rets, ordinary (interim)
Dobbs
3-11
25c
(quar.)
participating preferred (s-a)
participating preferred (s-a)
Distillers Co.,
3-11
1
4-
28 %c
Oil .Corp._
Match
Trailer
$40c
(increased)
Derby
4-
Sulphur
4-1
(quar.)
Simon
(See
4%. preferred
7
1
Hudson
Deep
$1.12 Va
Freeport
Fruehauf
9
1-28
2-
7-
Manufacturing
'
1
(quar.)__
2-
2- 1
4- 1
7- 1
10- 1*
,
Life
Simon
$1.75
prelerred
Bros.
Franklin
2-1
2-10
1-31
2-15
■
37%c
37%c
37%c
(quar.)
$15
4-15
& Company (reduced)——10c , 2-17
Insurance Co._____i.___—60c %,• 2-15
Franklin
2-21
—
-—
3-10
2-15
2-15
2- 1
.
-
Sixth
West
5-16
2-28
Iquar.)
(quar.)
Co.—
.:_v\
preferred (s-a)———_a-r—* (,
2-15
2-25
$1.12%
lc
/ 25c
12%c
Investment
1
$1.75
common
Co.
6-1
$1.75
Ltd.,
prior
non-cum.
Four-Twelvo
93:V«c
7-15
$25c
(quar.)
preference
3-
•:
50c
&
1-31
4-
2-18
75c
(quar.)___
7-30
$183/4C
1
4-
Co.,
2-22
|25c
—
2-11
3-
6%
$5
$8c
common———
Dennison
&
3-15
prior
$1.22%
Corp.
preferred
preferred
preferred
prior
3-25
3- 1
3-10
2-15
,2-15
3- 1
2- 8
3- 1
• 2-15
preferred
dep. rets.
4%%
Amer.
France,
Works
Bridge
Kleiser
Foundation
(quar.)
preferred
Gas
2-15
1
$1.25
Company,
Rock
3-10
3-
25c
(quar; 1
Common
3-31
of
Co.
6%
4-15
25c
(quar.)—
Delaware
2-28
6%
.5%
B
2
_
Company
1:20c
Ltd., com. (quar.)
Canadian Internat'l Investment Trust, Ltd.—
Canadian
A.)
Davis Leather
2-10
2-15
(L.
1
Foster-Wheeler
$1.25
3%%
Press,
Pitt
Foster
(quar.)___
.
$15c
Food
A
%
1
2-15
: :$1.12%
Regular
Canadian Car & Foundry,
Canadian
1-29
3-
62 %c
Cement
A
2-15
$32%c
preferred
Class
Darling
15c
(quar.)
(quar.)
Col, Ltd., $1.20 pref. (quar.)
Canada Safeway, Ltd., 4 % % pfd. (quar.)__
Canada
Vinegars, Ltd
Canadian Breweries, Ltd. (quar.)
5.%
Canada
Cuneo
3-10
62 %c
(quar.)
Co.
Power
3-10
3-23
Fort
3-20
2-15
75c
(increased)—
preferred (quar.) —
Sugar,
preferred
3-23
50c
.'
...
(quar.)—.
Co.
Jackson
Byron
California
(quar.)
Co.
M.)
25c
25c
Byers
2-15
1
$15c
(quar.)
common
preferred (quar.)
5%
1
4-
5%
preferred (quar.)
7-28
10-28
3-
25c
preferred (quar.)
f30c
Motor
Sugar
7%
J30c
Ford
31V.C
Ltd. (quar.)
preferred (quar.)
8%
American
1-29
25c
Ltd.
Co.,
Seal,
&
1-31
9
Co.,
Light
&
Power
&
—35c
$1.12%
50c
$1
(quar.)_.
preferred
2-
—
(quar.)
Quarterly
Butler
(InterimI
America
Seal
Forster,
2-15
Corp.,
Power
4.9%
;
2-17
2-28.
3- 1
3-10
4'/2% pfd. (quar.)
(increased s-a)_.
4% pfd. (quar.)——
Rubber,
&
Stock Corp.
Florida
50c
quar.)
preferred
Tire
Bank
Florida
Co.—
Sexton
preferred
1
Corp.__
Enamel
Ferro
1
31V.»c
40c
—
(quar.l___
Corp.
t
.
(quar.)
preferred
conv.
Federal-Mogul
2-15
933/+c
Co.,
Mills,
Crown
10-
f30c
1
7-
10-28
t30c
(quar.)
Quarterly
7-28
t30c
Quarterly
Quarterly
B
4-
4-28
First
$1
3%%
&
Firestone
2-
$1.25
7
40c
(quar.)_____
Imperial
Cork
2-15
$1
Ltd.. class A (quar.)
Products (quar.)——
conv.
2-
2-15
Steel Industries—
Company,
&
2-15
3-10
75c
(initial
Corp.
1-20
$1.13
Container
Crane
2-
$1.12%
2-15
Cosmos
1
37 %c
-
50c
50c
—-
1
1
1
Federal
10c
(quar.)
2-25
3
3-
3-
'
50c
—i—
Quarterly
Enterprises, Inc.—
2-15
1
3-18
4-20
7-20
10-20
45811-
;_:_r—_.$2.50
Quarterly
1-25
2-15
3-
1-24
1
2- 7
Co.
a
+50c
3c
3
3-15
1
$37 %c
(quar.)____.
Corporate Investors, Ltd.. class A_—
2-
3-31
•
45c
2-15
,,
Quarterly
1-25
+$7
$1.25
Co._
Paper
Inc.
2-15
2-15
Quarterly—
.
$4c
(reduced)
Coro,
2-
1
Fownes
Cornell
1
8-
25c
1
1
1
40c
7
1
9-
50c
2-
3-
2
$1.06 %
__
2-
3-
5-
Inc.—
2-17
3-
1
Sugar Co. (exual——
Farmers
&
Traders
Life
Insurance
6%
2-15
20c
6-
$1.50
25c
Co
&
5-13
8-15
11-15
3-19
2-25
(quar.)_—_*——50c
(The)
Fajardo
1
15c
Company,
Wood
2-
56 %c
15C
87 %c
Fair
1
1-31
1-31
2-11
9- 1
12- 1
4- 1
3-11
3- 1
(quar.)
—$1.25
Inc., 5% preferred (quar.)——_
,25c
Eversharp,
1-31
25c
(s-a)
&
______—
$1.25
(quar.i——$1.25
2- 1
2- 1
2- 1
2-15
3- 1
6- 1
.
A
$1.50
preference
common
prior preferred
37'/2c
1-31
—
pfd. (quar.)
(quar.)
common
Varnish
&
2-15
$ 15c
Ltd.
&
Copper
Paint
preferred
2-25
"
50c
$1.25
(quar.)—
A
(qur.r.)——
preferred A
preferred A
3-
■
■
(quar.)
preferred
Cooksville
$5
pl'd.
$5
Co.,
$25c
(initial)
Co.,
preferred
Cook
2-15
3-15
3-15
20c
Railroad
$5
3-
'
37,.'2c
50c
2-15
87 %c
—
(quar.i
Can
Continental
5%
2-21
50c
(increased!
Continental
2-22
3-
3-
2-25
1
3-
$20c
(quar-)
of America—
preferred
,
Erie
20c
(quar.)
Corp.
Common
2-22
3-15
3-10
:- 40c
2-18
2-15
2- 1
25c
20c
(quar.)_____
Extra
2-10
2-10
15c
Y.>
(N.
Power
Co.,
preferred
7
Company—
A
Class
Power
4-
f30c
Ltd.___
5% pfd. (quar.)
Employees Credit Corp., class A (quar.)——
preferred (quar.)
——
preferred A (quar.)—_________Employers Reinsurance Corp.
(quar.) —,—_ •
1
3-15i
3-1
3- 1
2-15
2-15
2-15
2-15
2-15
$1
$1.25
25c
$1.50
1
->;2-ll
.
4-1
•
f
80c
3-
2-18
2-11
'
Empire District Electric Co.,
Fairbanks-Morse
(quar.)
Industries,
Co.
Co.,
4-
t7%c
Co
1-20
$5
•:
Corp. < quar.)__
(irreg.)
Water
Glass
4%
$1.50
2-15
3-
__
Co.
preferred
$1
Consolidated
Container
8%
2-15
50c
3- 4"
3-4
3- 1
50c
_____
1
B
1
1
1
1
4-15
7-15 <
10-14 >
36912-
2-18
25c
preferred (quar.)
3-
2-10
2- 8
2-18
•
Empire & Bay State Telegraph Co.—
4% guaranteed (quar.)
;
2-15-49
87 %c
Ltd
pfd. (quar.)__
6%
—
(quar.)—_____
Co,
Rubber
&
55c
initial»
<
4-
a5%
a2 % %
3-17
—
Co.———_—
25c
Paper Co. (quar.)
Textile Mills, Ltd.—
common
Consumers
a2,/2%
f
1
4-
4
50c
participating
A
3-
4-
preferred (quar.)
&
class
$1.50
Co."
Chemical
a2%%
(quar.)
Ely & Walker Dry Goods—
Common
(cash
dividend)
75c
Power,
Power
Consolidated
Burlington Mills Corp, common (quar.)
3%%
preferred (quar.)
3%%
conv. 2nd preferred (quar.i
4V-
3-19
Consolidated
_■
2-
$1.75
20c
Fund.
Bullock
.
3-31
1
______
2-15
8%
Corp.
40c preferred
Inc.,
8
Company
Burns
Connohio,
1-31
Co..
Line
Buck,Hill Falls Co.
Bue'.I
Connecticut
7
2-
...
...—
Pipe
Buckeye
Buda
1
1-
3-
....
...
Hose
$1.37%
Ltd._
Co.,
River
2-
2-15
2-15
(accum.)___
Co.,
Ltd., class
Mills,
Class
......
,
preferred
Inc
Rubber
National
Conduits
2-23
1
2-15
3-19
:
Electric
—
—
(accum.)
preferred
10c
t37%C
ts-a)_
BroJn
Bruce
4-
7%
T
Columbia Packers,
Class
.'•
2-
1
2-15
(final)
receipts ordinary
Ltd.—.
American deposit
British
3-10
Hampshire)—
(New
Gas
New
(interim)................
pfd. (s-ai____
pfd. reg. (s-a)
dep.
International
Telephone, $5
Concord
Ltd.—
Tobacco,
receipts for 5%
receipts for 5%
British Celanese, Ltd.—•
dep.
Amer.
Commonwealth
Commonwealth
1-25
75c
....
receipts lor 5% pfd. (s-a)
deposit
receipts
for
ordinary
registered
Amer.
1-31
$12%c
$2.75
Inc.,
Roller Bearing
Bower
3-31
15c
(quar.)
Co.
Carbon
68%c
JtJJL.
(quar.)
Inc.
62 %C
Iron, 5
16c
''gfor-
Boat
$30c
3-
15c
(reducedi
Co.
Electric
—
75c
(quar.)
1
_____
1-31
...
preferred (quar.)
Co. (irreg.)
Co., Ltd., class A (quar.)
BourjOis.
Columbian
37 %c
(quar.I
1
2-
20c
60c
&
Manufacturing
Boss
Columbia
2-'6
25c
common
preferred
Company
Borden
1-15
75c
__
Inc.,
2-
2-15
quarterly basis)
a
American (irreg.)
Quarterly
2-15
—
(quar.)
&
Steel
Stop Nut Corp. of
Elastic
$20c
on
class A (quar.)
(monthly)——__________—
Ltd.,
Co.,
Paper
Monthly
5-15
"8-15
.
(quar.)
2-15
$1.75
Corp
Laughlin,
&
1
1
Ltd.—
2-15
60c
,
6-
9-
—
(quar.)—
Sugar Associates, $5 pid. (accum.)
Theatres,
Ltd
Edgewater
2-15
1
3-
$1.25
(quar.)
._
(quar.)-———
2-15
J25C
(quar.)
Eastern
Eddy
preferred (quar.) —
Gas System, Inc.
(quar.)
Pictures, Corp.. $4.25 pfd. (quar.)
1
3-
50c
preferred
$3
7-20
(quar.)
Fuel
Columbia
(quar.)
(Phila.),
Holdings
Bliss
(now
'
preferred
Blaiuier's
00
Co.—
Plow
2-15
~35c
common
1-17
$6
Eastern
•
Colorado
+5c
(quar.)...
Corp,' (Del.),
4 Company
Bethlehem
Blair
4
'
_
(quar.)
2-15
1
2-15
L.
$7
25c
Colgate-Palmolive-Peet, common (quar.)
$3.50 preferred (quar.)
l
Colonial Steamship Lines Ltd.
—_
Colorado Central
Power
(quar.)—_
4
2■
r.
Spinning Associates, Inc.
Sons, Ltd., class A iquar.)
35c
preferred A (accum.)
preferred 3 (accum.)
Eastern Steel Froducts, Ltd.
RR.—
iquar.)
Common
2-
2-15
••s
Fine
2-14
Class
Hardware,
Dunlop
Common
2-15
2-15
jOC
20c
Industrial'Loan (stock dividend)—
of Continental Motor Coach
Lines, Inc., common for each 100 shrs.
Berkshire
3-14
25c
special guaranteed
Chemical Co. (quar.)—
Products Co.——
Common
share
One
1
$1.25
(s-a)_—
common
Aluminum
Cockshutt
2-15
3-15
3-
$i.G&va
Beneficial
Best
Club
2-15
f
(s-a)
4%
Clorcx
2-15
12%c
Kquar.)——*
Htminway
Beldiug
...—
1
2-
$1.25
guaranteed
35c
*7-*-
2-15
$1.25
Pittsburgh
35C
(quar.)
Mines, Ltd.
8
20c
3-16
3-
(quar.)
2-
2-16
25c
pfd. (quar.)
8
2-25
1
25c
preferred
(quar.)
$1.40 preferred (quar.).....
Beck (A. S.i Shoe Corp., 4%%
8
,25c
4-
3-
(quar.).
A
8
75c
(quar.)
t25c
A
9-
20c
&
A
6-
2-18
regular
A
preferred
preferred
3-
3-10.;
Cleveland
preferred
-
Ry.—
Massachusetts
7-15
1
2-15
Co
6%
1
1
Mfg.
4-15
Industries-
$37 %c
$1.40
G%
,
'
b%
5
2-18
3-
7%
(quar.)
A
Class
2-
3-
4-
3-
25c
30c
3-7
1-24
1-»14
2-15
2-15
3-15
2- 1
3- 3
2-10
2-15
20c
J4c
3-15
2-25
3-25
2-15
3-21
2-25
$1.12%
5
J25c
21c
21c
25c
15c
Eastern
2-11
3-
2-21
2- 7
1-26
2-28
preferred
2-15
$1).25
t$l
2-15
1
$4.50
3- 1
Dwight
(quar.),
B
;10-14
,
preferred (quar.)
Clinton
tl5c
1-31
25c
Clearing Machine Corp. (reclucedi———
Cleveland Electric Illuminating, common—
3-25
4- 1
4- 1
2-28
3-15
10%
$1.75
$1.50
Class
50c
Pacific
Texas
&
preferred (initial s-a)
Fuel Co. (quar.)
City Investing Co., common (quar.)
5%%. preferred (quar.)
City of Paris Dry Goods Co.
7%
1st preferred
(quar.)
2-10
1
3-15
6-15
9-15
12-15
5- 2
8- 1
11- 1
(quar.)—
common
(quar.)
Dupuis Freres, Ltd., 4.80% pfd.
Durham Hosiery Mills, class A
——
City Ice &
2 11
$1.50
$1.50
$1.50
$1.50
$1-50
$1.50
$1.50
1
40c
preferred (quar.)
tJtiiities Co.,
2- 8
2- 1
2-
$2
Orleans
(quar.)
New
2-18
2-15
2-10
17c
.:—•—
4- 1
3-10
4- 1
$1
2-15
1
25c
1-23
1-23
2- 4
3-23
2-18
3-18
1-31
$1
1
2-15
20c
:
2-15
—f
preferred
3-
—
35c
—
Inc.,
Bradstreet,
&
4Va%
3-
1
2-15
50c
30c
$1.12 V2
130c
SI
Dun
85c
*
1-14
2-15
25c
_______
'
40c
5%
1-28
$1.05
;
—
(s-a)___
preferred
5%
3-
Ltd.—
2
7
$1.25
2-15
10c
1-31
(quar.)
:
(quar.)—
:
(quar.)
6% preferred A (quar.)
6%
preferred B
(accum.)
—
6% preferred B '(accum.)
6% preferred B (accum.)
———Eastern States Corp. (Maryland)—
'
7
2-
Co._
preferred
Citizens
25c
(quar.)..
2-
1
(quar.)
i.
5%
2-11
75c
(initial)
B
Class
1
3-
,
$ $ 1.12 Va
(quar.)
(quar.)
common
Corp., common (increased)—
preferred (quar.)
—
4%
3-
2-15
2-15
2-15
J25c
—
(quar.)_
preferred A
Dravo
2-15
2-28
'
27 %c
3- 1
3-15
3- 1
(quar.)——!
Ltd.
Drackett Company,
4%
1-31
t62'/2c
f37'/2c
Ltd.
Bros.,
25c
_
$75c
Class
1-28
75c
——
5%
2-11
.
25c
Ltd
Corp.,
2-10
Company
Cincinnati,
3-
$1
3-12
__—
(quar.)'
Copper
4%
3-11
25c
(quar.)
4
2-11
1
3-
$1.75
preferred
Paper,
&
Power
Bathurst
2-28
3-15
3-
(increased)
Co.
Mining
Metals
Base
3-15
40c
RR
convertible
Oil
Barnidall
2-28
——
Collieries Corp. (quar.).
Locomotive VVoiks, 7% pfd. (s-a)_
Steel Corp. (stock dividend.)—
Barium
2-
3-15
$1.50
(quar.)
common
preferred (quar.).
5% convertible preferred C (quar.)
Automatic Canteen Co. of America
(quar.).
Baldwin
2-15
25c
series B convertible
Ayshire
1
*
Company—
5%. series A
5%'
3-
•
—
1st
Atlantic
3-15
30c
(quar.).,
preferred (quar.)
7%
2nd preferred (quar.)
Atchison Topeka & Santa Fe Ry.
6%
1
30c
(quar.)—,
common
(initial)
Corp.
3-
25c
Refining,
&
Oil
1
$1
3-12
1
(quar.)
—
Chrysler Corp. (increased)—
————
Cincinnati Gas & Electric Co., common
Cincinnati Inter-Terminal" RR. Co.—
3-15
3-
2-15
1
Company—
'Common '
8
40c
1
2-15
2-25
2-25
Investment, Ltd.—
(quar.)
Donnacona Paper Co., Ltd.—
4 V2 %
conveitible preferred
4-
•
2-
933/4C
Co.
&
,
DonohUe
3-
17 %c
Chesapeake Corp. of Virginia
Chicago Yellow Cab Cc
Chickasha Cotton Oil
Belt
Dominion Stores,
4-
(quar.)
pfd.
conv.
62 %c
1
(quar.)
2-11
7
3- 1
*$1
(accum.)
2-
40c
50c
preferred
5%
$1.75
—
3.40% pfd. (quar.)__.
Louisiana Electric Co.
(quar.)
& South West Corp.
(quar.)
Vermont Public Service
Central
$1.25
convertible preferred
$1.20
Central
1
(quar.)
Hoffman
Aspiuook
2-10
5%
Co.,
1
2-25
Power,
Y.
f 15c
Corp., com.
preferred
Ashland
1
6%c
Cork Co., common
preferred (quar.)
Arnold
3-
3-
Armstrong
$4
N.
$1.12 Va
>
6%
Gas,
preferred
$3.75
Central
75c
(quar.)
1
Natural
4%%
Foundry
2-11
Co
Edison
Steel
Armce
Central
1
'
preferred (quar.).
preferred (quar.)
preferred (quar.);
Arkansas
$1.10
6-23
3-
3-
1-25
1
25c
(quar.)
preferred
6-23
6-30
25c
(increased)____
Co.
Corp., Ltd., common
4%% convertible preference
$5
6-30
3-
}$1.25
J30c
—
-
Dominion-Scottish
22%%
3-17
Co., Ltd. (quar.)—
Extra
$1.12%
Power, com.
Central Arizona Light &
1-25
1
3-
22%%
1
3-31
Investment Corp., Ltd.—
preferred (quar.)
5%
2-28 3=
25c
25c
Dominion & Anglo
1
; "
2-17
>
r,
Dominion Bridge
(quar.)
Co.
Tractor
3-
—
.
(J. I.) Company, common (quar.)
7%
preferred (quar.)—_
Castle (A. M.)' & Company (quar.)
50c
common
participating
Participating
$5
3-23
3-11
,•
Common
35c
(irreg.)___
Case
Caterpillar
Argus
Arizona
12-30
3-31
,
Archer-Daniels-Midland
Ardcn
2-15
$3
(s-a)
preferred
6%
2-10
$1
!
(quar.)
(quar.)
Common
1
Mills
s
Common
3-
10c
& Smelting Co., com—
Lead
Zinc,
Cotton
Arcade
2-10
Common
6-15
50c
Scott & Co.—
preferred (quar.)
4 % %
2-25
1
$1
American
3-15
3-
3-15
7-15
(year-end)
common
Corp.
4-15
$10c
Pirie,
Carson,
4
60c
ri5c
Foundries
(quar.)——
Tobacco Co. (quar.)——
Steel
American
Corp.,
Products
Casco
75c
Increased
1-31
30c
12 %c
— —
Y.) (quar.)
(quar.)—___
$10c
Fields Co.—
Oil
Dominguez
Ltd.
Quarterly
Quarterly
Carpenter Steel Co. (quar.)
.—.—
Carreras, Ltd.—
American deposit receipts for class A or¬
dinary (final)
——
—
American deposit receipts for class B or¬
dinary (final) ——
—
2-19
1
3-
$ $1.12%
(N.
Co.
Re-Insurance
American
—
Lumber,
Western
Canadian
Ltd.
Metal Co.,
American
Payable of Rec.
Share
Company
Holders
When
Per "
Name of
Payable of Rec.
Share
Name of Company
Payable of Rec.
Holdert
When
Per
Holdert
When
Per
Share
Monday, February 7, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(642)
!
-
_
J25c
.
Volume 169
'
•
L
•
,
Share
Class
Per
Lees
!
Building
i
Chemical
i
—
Eood
,12
.07
.07
.14
.07
.10
.09
.12
——
.14
2-28
2-15
.07
2-28
2-15
.10
2-28
2-15
_
—.———i—
I,
Fully Administered
General Bond
|
Industrial Machinery
Institutional
.Investing
:
__—
.
Co.
Mining
Petroleum
—
——
2-28
12-28
2-15
2-28
2-15
2-15
2-28
2-15
2-15
.08
2-28
2-15
Lorain
.10
2-28
2-15
preferred (quar.)
Lord & Taylor, common (extra year-end) __
6% 1st preferred (quar.)—
Louisville, Henderson & St. Louis Ry. Co.—
2-28
2-15
2-28
2-15
.09
2-28
2-15
.08
.08
2-28
2-15
.06
.06
2-28
2-15
.03
.03
2-28
2-15
25c
3-
1
2-15
$22 Vic
3-
Utilities
Hale
—
Bros.
Stores
Hamilton
(quar.)—
Cotton,
Hamilton
Watch
(quar.)
Ltd.
Co.,
1
5%
Class
B
3-15
1
3-
1
2-15
3-
1
2-15
3-
1
2-15
$1.06 >/4
3-
2
2-15
2 Vi %
3-
1
2-10
;
tM.
A.)
Co., $4.25
pfd. (quar.)
Harbor Plywood Corp. (stock dividend )-—
l/40th of a share for each share held__
Harshaw
Chemical
Co.
40C
'
Extra
.
5%
37 Vic v
The above new
exchange for the no par old
at the rate of 1/lOth of a
,
j
j
i
new
-
j
Split-up
•
tive
Jan. ,27.
for
old
the
preferred
Howard
Hudson
Motor
Stock
&
Poods,
-57
piefcrred
Huron
Holding
$2.25
Power
3-
1
2-15
2-
Marathon
Illinois
Central
Illinois
Zinc
Industrial
6Vi%
Silica
and
$1.12 Vi
3-29
3-
2-15
6 Vi %
Silver
International
Utilities
Investors
1
2-
37 Vic
3-
1
2-11
3-
1
3-14
2-11
3-
1
2-
4
3-
1
2-
4
3-
1
2-
4
3-10
2-
8
2-28
2-15
2-28
2-15
2-28
2-15
preferred
Estate
Mid-West
Miller
2-21
1-25
preferred
2-28
1-31
1
2-
1
2-11
3-10
2-18
3-10
2-28
$1.50
%
A
1
3-
1
2-21
1-31
5-
(Julius)
&
Co.
of
Kemper-Thomas
25c
5-
1
4-18
37 Vic
8-
1
7-19
25c
8-
1
7-19
40C
3-10
2-24
3-
2-17
2-
5
65c
common
5
4-
5
2-18
$1.25
Corp.,
2-
20c
4-
1
3-
(quar.)_
Co.,
of
1st
common
3-10
2-10
interest
8c
2-10
1-10
5 Co
3-11
2-18
60c
3-
1
2-
$1.50
4-
1
3-15
(quar.)
15c
_
Company
('quar.)
Monotype Machine
Secord
'Le Tourneau
Candy Shops,
2-10
1-28
50c
1
_,
+
2-15
1-31
15c
3-14
2-25
2-28
2-10
40c
3-
2-
3-
$20c
——
$1
^
371/2C
.
2-
1
2-
7
1
2-15
3-15
$1
50c
;
1
1
3-
35c
30c
(quar.)
Ltd
1
2-21
_
(R.-G.), $4 pfd. (quar.)__
ten Fabrics, Inc
2-15
2-
35c
Lake of the Woods Milling Co., com. (quar.)
7%%
•
/
preferred \(quar.).
Lakey Foundry & Machine Co. (irreg.)_
Lane Bryant (quar.)_
;
Lanett Bleachery lit ,Dye Works
Lanston
2-25
2-15
10c
•
_
1
10c
Industries
.
1-31
2-25
2-16
2-28
3-
1
2-18
2-
1
3-1
2-9
3-
2-14
1
1-14
2-15
1-14
20c
2-15
2-15
1-31
$1.12 Va
3-31
3-15
25c
2-25
2-
75c
2-15
1-29
10c
class
3-30
3-15
B___——
4Va%
pfd. <quar.)__„
Manufacturing
Corp..
<fc
Glass
——
Corp
1-31
1
1-31
1-31
31'AC
2-15
3-
2-14
Pan
—
$1.62 «/2
(quar.)
1
2-15
2-
97 Vic
4-
1
3-
4
$1.08%
4-
1
3-
Lighting Corp.
Mills
(quar.)
American
Stock
5
4
25c
pfd.
5%
tquar.)
(quar.)
75C
(quar.)
$1
share
(One
of
East
3-
1
1
2-15
2-21
2-11
3-12
2-21
60c
4-
3-12
20c
2-15
35c
30c
15c
Inc
.
1
2-
5
Co.,
Cement
3-
1
2-15
20c
3-29
3-18
20c
3-
1
2-
31 'Ac
3-
1
2-
25c
3-14
3-
1
25c
2-15
2-
5
$75c
2-15
1-17
$$1.50
(quar.)
Co.,
2-15
1-17
$1 pfd. ^quar.)..
(quar.)
preferred (quar.)
Electric Co.—
_
1
1
Pennsylvania
4.40%
preferred B
(quar.)
3.70%'
preferred C
(quar.)
Peoria
&
Bureau
Valley
5c
3-
1
2-16
Perkins
4-
2
3-20
Permanente
Metals
37 Vic
7-
2
6-20
Philadelphia
Electric
37'/2C
10-
2
9-20
25c
4-
2
3-20
25c
7-
2
6-20
25c
10-
2
9-20
20c
2-10
1-25
$1.62Vi
2-15
1-31
t$l
4-
1
3-16
t25c
4-
1
2-28
__.
3-15
tquar.)
preferred
common
37'/2C
(quar.)
2-25
1
Corp
Ltd.,
1-10
3-15
4-
common
prior
Peninsular Telephone
$6
1
62 Ac
Co.
Transportation
Coal
convertible
Penman's,
3-
2-21
75C
tquar.).
(quar.)
Rust-Proof
Peerless
1-20
3-15
$1
Pipe Line, common
preferred
Parker
1-31
2-15
l
Petroleum
Heat & Power Co. for each 10 shrs. held)
)
4%
-
Petroleum & Transport Co.—
dividend
Panhandle
,
Inc.—
Ltd.,
Machine
&
7preferred
3-' 1
92 Vie
RR.
(s-a)
3-
2-
1
2-
1
1
2-10
1-24
SI.75
Gear
$2.50
3-
2-21
Co.—
(quar.)
Corp.
Co.,
1
30c
2-28
30c
3-31
3-
4
25c
3-31
3-
4
10c
2-15
2-
1
20c
3-
1
2-11*
91'/4C
3-
1
2-11*
75c
3-
1
3-
(quar.)
tquar.).
common
Phillips
$4
2-12
Poor
1
2-28
1
2-10
1
5-10
Potash
3-
1
2-10
Procter
2-
20c
3-
1
2-15
$1.25
3-
1
Co.,
Transport
Public
2-28
2-11
4W%
3-
3
2-15
3-
3
1
2-11
4.40%
(Del.)
Co., $4.50 pfd.
Co., 7% pfd. A
Lined Service
3-1
2-
9
2-24
2-
8
3-
2-10
preferred
National
Lock
National
Service
Public
Service Electric
$1.40
preferred
preferred
3.8%
Pullman,
Inc.
Pure
Co.,
common
5-
2
8-
1
7-22
10-29
Stock
1
2-18
3-15
2-24
Retail
trade
Aviation
2-23
2-15
3-
2-18
1
37 Vic
1-31
2-15
1-31
2-15
2-15
1-31
$1.25
8-15
7-31
2-15
2-
4
47y2c
2-15
2-
4
2-15
1-31
Building
:
4%
Oil
shares
-
2-15
2-15
2-
1
35c
3-31
3-
1
20c
2-15
1-24
3-10
2-
Gas—-
Light
(quar.)
9
25c
(quar.)
3-
1
1-28
3-
I
1-28
$1.25
4-
1
3-10
$25c
(quar.)
common
3-
1
2-11
(quar.)
2-28
2-
40c
3-15
2-28
$25c
2-25
"50c
pfd.
2-15.
$1.50
(quar.)
.
1
1-17
12c
2-15
1-31
Stores,
preferred
Extra
434%
Reed
Roller
Bit
(quar.)
preferred
2-17
2-15
10c
SI.18%
;—_______
._
35c
Co
Remington Rand,
$4.50
A
1-13
3-10
10c
^
preferred
Inc.,
1-28
2-10
50c
tquar.)
(quar.)
common
%
50c
common
1st
non-cum.
Owl
Red
25c
common—
(quar.)
:
SI.12%
_
1-31
2-15
1-31
1
2-28
3-31
3-17
4-
4-
2
3-
9
4-
2
3-
9
4-15
Republic Investors Fund—
preferred
A
(quar.)
5-
1
6%
preferred
B
(quar.)
5-
1
4-15
Revere
Copper
1-31
2-15
1-31
Reynolds
2-15
1-31
Common
2-15
1-31
Class
7c
2-15
1-31
2-15
(R.
B
V2 %
preferred
—
2-28
3-15
2-28
7%
1st
3-15
2-28
7%
1st
7c
__.
3-15
10c
series
25c
3-
1
2-10
$1.31'A
Inc.,
5-
2
4-11
common
(quar.)
Tobacco Co.—
interim)-interim)
Co.,
common
(quar.)
45c
3-15
5C
'
8C <"
3-15
3-15
2-28
2-24
1
2-15
4-
(quar.)
$1.75
1
3-15
(quar.)
$1.75
7-
1
6-15
$1.75
10-
1
9-15
$1.75
preferred
preferred
4-
1
3-15
$1.75
7-
1
preferred
6-15
10-
1
9-15
(quar.).
7%
'
3-15
3-
2-28
3-15
10c
1-25
—,
2-28
9c
1-25
2-15
40c
tquar..)
2-15
45c
Rice-Stix Dry Goods Co.—
10c
—
J.)
tquar.
(quar.
Brass,
Manufacturing
Rheem
4
St
preferred
5V4%
9c
shares
;_
shares
2-15
25c
(quar.)
Company,
8c
shares
Chemical
&
Ltd.,
Co.
Inc.
10c
Series
shares
Mexico
Vie
6%
preliminary estimates are
Stock
Power
Reading
53Y8C
.
series
Industrial
1
'i
Quaker State Oil Refining
shown:
Institutional
1
3-
ft
cap1-
87
preferred
Quaker Oats Co., 6%
3-15
(quar.)
shares—,
On the following
&
Mills,
Flour
1
$1.25
equipment
of
Co.
held
1
Power
convertible
5%
Purity
4-
—
series
Railroad
3-
3/100
Water
&
25c
Rayonier,
(initial s-a)
series
shares
Oil
3-15
16c
group
2-15
3-15
50c
series
Selected
1
Extra
1
13c
Railroad
3-
10-19
3-
4-22
Sound
4-
series
stock
2-15
(quar.)
2-10
2-10
1
National Trust Funds—
Preferred
1
50c
2-15
3-
25c
(s-a)
(s-a)
3-
(quar.)
3-10
1
4-1
(special)
4'A% preferred
preferred
(quar.)
Balanced
preferred
$1.25
Tea,
1
$1.06'A
-
share
New
3-10
12 Vic
5%
of
Co.
Puget
■
Co
5%
5
2-
(quar.)
Public
$1.12 Vi
Extra
National
preferred
1-31
$1.75
(quar.)
Co.
Oats
1
3V2%
Gas
each
for
2-10
$1.12'/2
—-
4-
2-15
(s-a)
dividend)
Indiana
3-
—
(quar.)
(stock
of
stock
Quebec
(quar.)
preferred
share
20c
(quar.)
4-15
$30c
1-25
Indiana—
of
2-15
$1.06
(quar.)
2-10
(quar.)
Co.
20c
(reduced)-
3-10
Colorado—
25c
(quar.)
2-15
2-15
2-15
75c'
:
-
(quar.)
Ltd.
Co.,
30c
—
1
3-1
„.
(quar.)—.
preferred
Public Service
2-17
I
SI
(quar.)_
1
3-
$1.25
(quar.)
(quar.)—
preferred
of
Co.
preferred
Common
n
62 Vic
(quar.)
3-
25c
$1.10
A
12-27
2-15
3-
5%
Service
ital
•'
37'ic
?5c
class
(quar.)____„__
Ltd
Mines,
Prosperity
2C
Common
Co.
Provincial
1
Milling Co.—
Cylinder Gas Co., com.
National
r
&'Gamble
3-
50c
•
Corp.
America
2-15
50c
Container
of
3-15
lc
(quar.)
1
^-21
1
37 Vic
—
9
4-
:
B
Co.
25c
(quar.)
4
2-
4-15
7 V2 %
Company, $1.50
Class
37 Vic
(quar.)_
2-
1
$1
50c
tquar.)
common
tquar.)
(interim)
Proprietary
(quar.)
Inc.
Fibres
&
4-
2-15
(quar.)
25c
Ordinary
6-
Co
Acme
Co.
common.
Pinchin, Johnson & Co., Ltd.—
$1
(quar.)__
A
Petroleum
preferred
3-
75c
Co.
Philadelphia Suburban Water Co.,
$3.65
preferred
tquar.)
50c
—
(quar.)
Company
preference (quar.)
Philadelphia Insulated Wire
$1.62 Vi
$$1,12 Vi
(quar.)
common
Lines,
$1
Pillsbury Mills, Inc.,
common
(quar.)
Co.,
Corp.
C.)
Income
•1
1-14
2-15
5%
"
3-22
2-20
2-15
1-31
Pacific
(quar.)
is-a)
National Paper & Type, common
beneficial
$25c
1-31
Quarterly
5%
1
2-10
$$1.75
Gas & Electric Co.,
preferred (quar.)
preferred (quar.)
redeemable preferred
1-28
Co
National Gypsum
3-
2-25
1-24
3-10
2-15
2c
3-15
3-25
2-10
50c
Co., Ltd.—
2-15
lc
4'A %
'4-
1-24
2-15
2c
3-14
25c
2-10
343/t»c
Quarterly
Quarterly
2-10
37 Vic
30c
1
1-31
37'/2C
preferred (quar.)
National Electric Welding Machine Co.—
2-2D
$1.25
(quar.)_
2-10
31 'Ac
4'A%
4-1
(quar.)_
preferred
1-31
2-21
6%
11-17
preferred
$1.50
(quar.)
$1.50
5%
3-15
1
2-15
common
5Vz'/h
2-15
National Alfalfa Dehydrating &
IOC
—
2-15
25c
Pacific
11-30
(G.
National
25c
(quar.)
50c
59% C
Co.,
(quar.)
1
Nashville, Chattanooga & St. Louis RR
$1.75
4
5-31
1
EOc
pfd.
common
National Lead
3-
2-28
2-
7%
preferred B
class
$2
2-15
1-31
Gas
3-21
6-20
1
Mt. Diablo Oil, Mining & Development (quar.)
Murphy
5
1
1-26
25C
3-
$1-12 Vat
Finance
Motor
5
2 25
1
50c
preferred (quar.)
National
Laclede-Christy Co. (quar.)
Laura
5%
National
3-
2-23
3-
$$1.75
1
(quar.)
Moore-McCormack
2-14
t5c
1-21
4- 1
$25c
(quar.)_
2-11
1
Moody's Investors Service, Inc.—
$3
participating
preference
(quar.)
Moore-Handley Hardware, common (quarj_
3-12
1
2-23
2-
8-19
Chemical
conv.
2-14
.__
Lansing
$4
1
2-
3-10
7
2-10
•
2-
:
preferred series A (s-a)
$3.25
1
3-
15c
2-
2-10
1
Pacific
preference
3-
3-
2-25
1-31
7
1
8-31
Aluminate
$1.183A
preferred
r,
2-
1
2-25
$5c
___________
3-
25c
3-
1-31
Automotive
2-15
(quar.)
2-15
60c
3-
$ 1.12 Vi
National
3-15
25c
(Hartford)
50c
5-
National
3-21
7-20
(quar.)__.»
(quar.)
Electric
Oxford
5-31 *
2
25c
Co.
Co.
A
Marine
$1.12Vi
3-
25c
1
$1.06'A
(quar.)
3-12
J50c
Ltd
3-23
8-
guaranteed (s-a).
20c
Outboard
5%
Knitting
4 V2 %
3-
(quar.)
1
20c
(Ohio),
Owens-Illinois
prior preferred
prior preferred
3-31
L'Aiglon Apparel
(quar.)
Lafayette National Bank of Brooklyn in N. Y.
France
1-31
(quar.)
95c
(quar.)
Knudsen Creamery Co., 60c pfd.
Kysor Heating Co
la
2-15
(quar.)
25c
Knight Screw Products (Detroit) (resumed)
Kresge (S. S.) Company (quar.)
Kroger Company, common (quar.)
<6%
2-10
Peabody
2-25
$1
2-25
4-
$25c
Parmelee
3-10
Knickerbocker Fund—
Certificates
2-23
2-14
15c
(quar.)
(extra)
preferred
4
3-10
50a
Gas
Products
Palls
Oswego
2-15
80c
$7 preferred (accum.)
Kidde (Wfe'ter) & Company
Kingsburg Cotton Oil Co. (quar.)
R.)
1
2-17
50c
(quar.)_____
A
2-15
(quar.)
9
1-19
(quar.)
Co.
Class
Muskegon Motor Specialties Co.—
Canada,
preferred
3-21
_
2-25
$1.25
(quar.):
Co.
1
Extra
Kentucky Utilities, 4%% pfd. (quar.)
Kerr-Addison Gold Mines, Ltd. (interim)
Keystone Portland Cement Co,—
Company,
1
1
20c
Co.
2-10
4-
3-
.
1
2-
2-10
(quar.)
(quarj
preferred
Osgood
Co.—
(quar.)
$1
(quar.)
$1
prior preferred (quar.)
Minneapolis Gas Co
Minncapolis-Moline Power Implement Co.—
$6.50 convertible preferred
(accum.)
_
Mitchell (J. S.) Company, Ltd. (increased)
4-18
2-10
7%
2-15
Co.
3-
3-10
Extra
2-28
f50'Ac
2-18
'
2-11
3-
Common
1
$1.75
—
1
3-15
Corp
Steel
2-28
Common
8s1
3-15
37 Vic
J
<G.
2-
3-
pfd. (quar.)
non-cum
2-15
25c
(quar.)
(accum.)
3-
75c
Corp., class A
Corp.
2-28
Abrasive
Monsanto
$1.25
1
"35c
(quar.)
Common
5
14c
Company
prior
7
$1
2-
1
4-
2-14
3-
2-15
2-14
$3.50
7%
Natural
Coal
Ontario
Hart, Inc.
&
Monarch
i,;'
Kawneer
Kirsch
}
3-
1
2-
Oliver
«-
3
3-
2-15
9
$1.75
preferred
A
Common
8
2-
20c
____
Kansas City Power & Light, 4%
,3.80%
preferred
(quar.)
Kinney
2-
3-
$1.75
Kalamazoo Vegetable Parchment Co.
Kayser
1
2-19
75c
Corp
Joy Manufacturing Co.
Kelvinator
1
25c
/■
2-23
3-15
1
1
75c
;
2-15
2-
3-10
1
2-25
1
3-
3-
25c
(s-a)__
Insurance
National
2-15
Co.,
RR.,
preferred
Ben
37 '/2C
preferred (quar.)
Laundries,
1-28
(quar.)
(quar.)
A
$2.40
2-
3-
Old
Old
3-15
4-15
4-
$2
30c
43/4%
2-28
3-
2-15
2-25
25C
Oklahoma
5
(quar.)
Mid-Continent
2-15
3-10
2-
2-11
5
60c
Michigan Public Service Co. (quar.)
Michigan Sugar Co.. 6'% preferred (accum.)
Mickelberry's Food Products Co., common—
2-15
3-
3-
2-28
Preferred
16c
(quar.)
2-28
2-15
2-28
1
00c
Gold
(quar.)
Preferred
$1
Inc
3-15
2-25
3-
2-18
3-15
$1.50
!
Mines, Ltd. (Irreg.)
Ogilvie Flour Mills, Ltd., common
7%
preferred
(quar.)
Ohio Match Co., common
1
1
$1
common
preferred
Pharmacal
O'Brien
$1.12 »/2
Preferred
$3
2-
Norwich
$1.25
Insurance
& Scott,
Car.,
—
50c
Preferred
45c
:
Fund,
2-10
B
5
12 Vic
(quar.)___'
2-15
A
Class
3-
$1
(quar.)___
Corp.
2-10
2-15
50c
(quar.)
2-10
2-15
3-
3-10
$7.50
(quar.)
Bancorporation
Special
2-15
pfd.
Liberties
50c
Class
2-11
3-15
25c
Co.—
pld.
&
Stern & Co.,
Michaels,
Co.—
Special year-end
Jones & Laughlin Steel
$5
9
10c
i
Northern
Northwest
2-15
35c
preferred (quar.)
preferred (quar.)
t$l
Ltd
Jaeger Machine Co.__
Jantzen Knitting Mills—
,
3.90%
40c
Stock
'*$6
1-29
3-
15c
Participating preferred
Participating
Participating preferred
Participating
57
2-15
$1,061/4
$1.06V4
Corp.
•
series
4.35 %
(quar.)__
International
5
Corp.
Metropolitan Edison Co.—
RyS. of Central America— '
Intertype
1
Messenger
68 %c.
_-_
Bonding
Stores
4
Railway Co. (quar.)___—
Ry. (quar.)_
guaranteed
Northeastern
2-
—
7%
Telephone
56'Ac
(accum.)
(quar.)
Merritt-Chapman
50c
:';5preferred
2-
(quar.)
4'A %
1st preferred (quar.)
4%
2nd preferred (quar.)
Mercantile
tirreg.)
(quar.)
2-15
$1.06'A
.__
'Mclntyre Porcupine Mines . (quar.)
Mead
Corporation, common
of
preferred
Harvester
preferred
international
(quar.)
common
Shovel,
Power
Massachusetts
12 Vic
Group
50c
Co.
Corp.,
Meadville
(accum.)
Co.
1
common—
preferred
Shirt
preferred
Marion
1-29
Co
International
57
,
2
62 Vic
(quar.)
Corp.—
Bond
Steel
6%
5
2-
2
(quar.)
common
2-
2-15
40c
2-18
1
2
International Business Machines Corp. (quar.)
International Cigar Machinery Corp
-
3-
Company,
75c
RR.,
Co.
Ingersoll-Rand
Jones
8
2-
(quar.)
preferred
Stock
77
2-15
3-
Corp
Co.,
2-15
(quar.)_'___—______—
Mapes Consolidated Mfg. Co. (quar.)
3-29
(quar.)
preferred
4-
20c
Maltine
2-18
common,
(quar.)—
A
3-10
American
Carolina
7%
25c
2-18
5%
preferred
v5%
1
25c
2-18
conv.
1
2-
Western
convertible
$2
25c
1
(quar.)
Co.
2-
25c
1
4'/4%
Southern
adjustment
North
$50c
1
50C
common
2-15
1
series A
preferred
North
5:$1.25
3-
$1.25
Refining
Inc.,
50c
:
3-
Manhattan
3-
———
3-
Magma
3-15
COc
75c
Common
25c
dividend
Humble Oil
1
(quar.)
Square Garden Corp. (quar.)
Copper Co
(P. R.) & Company (quar.)
Madison
20C
________
Co.—
&
1
25c
Mallory
$1.50
Co.
1
22-
2-15
14C
1-25
(quar.)
Car
2-
2-15
Co
Paper
Chemical
4%
30C
2-26
Extra
.
.
&
2- 7
—
Norfolk
3-11
7
7
2-15
A
Norfolk
12 Vic
2-15
—
Mining Si Smelting,
2-17
Company
10c
Bay
Inland
1-25
2-15
Power
Macwhyte
2-25
(quar.)
Co.
Hudson
Idaho
1-25
30c
Corp. common (quar.)
preferred <qvar.)_____
Sound
Hunt
Maclaren
$1.06 V4
Stores
4'A%
Howe
2-17
1
10c
3-10
(quar.)
is
1
3-
22-
60c
_______
A (accum.)
Co.__
class
Casualty
preferred
preferred
4%
20c
5%
preferred (quar.)
Mackintosh-Hemphill Co.
4
share held,
common
Y.)
3-
$1.50
(quar.)
Co., Ltd.—
Structural Steel
2-
1
to become effecThe equivalent pay-
6%
preferred (quar.)
Horn k Hardait Co. (N.
5 7
old
3-20
2-15
2-15
25C
York, Chicago & St. Louis RR.—
Nopco
lU'Ac
2-18
25C
share
1
$2.50
(quar.)
Woodworking Co.
M.
Mackinnon
expected
is
on
ment
each
for
common
preferred
5%
—
4-
•
2-15
•
31'Ac
par
2
$1.07
20c
(initial)
common will be issued in
$15
common,
2
12'Ac
50c
•
Hotels
$4.50 conv. preferred A (quar.)
Hormel (Geo. A.) & Co.—
2-
2-
1
31c
prefered
Hooker Electrochemical Co., common
$4.25 preferred (quar.)
1
1
(quar.)_
common
(quar.)
2-15
$1
conv.
New
42c
25c
1
—___
(accum.)—,
6v.
A (accum.)
New York Dock Co.. $5 preferred tirreg. i__
Newport News Shipbuilding & Dry Dock Co._
88C
$1
B (quar.)__
Corp., common (quar.)
preferred (quar.)__
Hires (Charles.E.) CompanyHolyoke Street Railway, pfd. (quar.)_J
Holt (Hehry) & Co., Inc.
*
$1 non-cum. class A (quar.)
i■
Hilton
■\%4%
3-
62ViC
Lyons Finance Service, class A (quar.)
50c convertible
preferred (quar.)
&
New
$2.50
50c
(reduced quar.)
com.
Co.
2-28
Co.-—
Mur
Amsterdam
6%
3-
(quar.)
Corp.
Lynch
1
3-
3-
$1.25
:
._.
Heywood-Wakefield Co.
3-15
25c
(quar.)
Hathaway
Bakeries, Inc.
(quar.)-———
Co., 5% preferred (quar.)_
Hershey Chocolate Corp., common (quar.) _
$4 convertible preferred (quar.)
—__
2-14
•
M.
Hercules Powder
2-14
1
2-15
$1
'50c
(quar.)
(quar.)—
Extra
Hanna
A
3-
25c
cl.
Steel
Lukens
50c
preferred
2-24
3-
J25c
4 '/4 %
preferred A (quar.)
Lucky Stores, Inc. (quar.)
25c
convertible
4%
Hancock Oil Co. of California,
2-24
(s-a)
RR.
Sons,
&
(M.)
2-16
3-15
Jersey Zinc Co. (quar.)
New York Air Brake Co.__—
1
$4
preferred
Nashville
&
2-
2-25
20c
(quar.)
participating
$2
3-
(s-a)
non-cum
Lowenstein
2-24
Nestle-Le
New
$25c
convertible
Common
2-24
8
3-10
Groceterias, Ltd., class A (quar.)___
B (quar.)___.,
_______________—
Louisville
2-10
3-15
25c
(quar.)
(quar.)
common
8
2-
Coal & Dock—
5%
.08
2-
2-28
87 Vic
2-28
.03
2-28
Holdert
2-15
50c
(quar.),
common
47
Payable of Rea,
25c
—- —
preferred
$2.40
3-10
(quar.)
.2-28
Tobacco
!
1
25c
.09
Class
(quar.)__;
Extra
1
2-
2-15
50c
.09
Loblaw
Co.,
Meter
Neptune
2-
1
$1.10
.10
.03
.
Stock
Railroad
1
2-15
3-
Co.
New
.09
.09
Railroad Equipment
2-
3-1
When
Share
Fibre
Naumkeag Steam Cotton Co
Ncisner. Brothers, Inc.(quar.)__
Co.—
.
Bteel
j
3-
1
5
15c
_____
—
Original capital ___
Special Guaranteed
(quar.)
'Liquid Carbonic Corp., common
3'/2%
preferred (quar.)____
2-15
.12
.08
Bond
.Railroad
.
1-31
65c
.10
—L
i
j
2-
SI
.09
.08
%—_____
1
3-
Company
Vulcanized
National
2-15
$1
(quar.)—
Co.
Miami RR.
Little
.
.10
.01
Belt
Per
Name of
2-15
45c
2-15
2-28
Corp.__
Savers
Link
.10
.09
———__—
—______
.Merchandising
;
"
.09
Bond
Priced
Low
I
tquar.)
Lindsay Light & Chemical Co
Lionel
Corporation (quar,)——
2-28
2-28
Electrical Equipment
j
I
Liggett & Myers Tobacco Co.
2-15
2-28
.07
1
40c
Life
2-15
.09
-07
.12
—
3-
50c
(quar.)
2-15.
.09
-09
Aviation
Holder $
When
£2c
Co.
Cement
Ltd
(643)
Payable of Rec,
35c
___.—
Mines,
Leltch
2-28
—-
—
Automobile
Portland
Gold
(quar.)
Sons Co.
&
2-15
.09
—
Agricultural
|
1
(James)
Lehigh
Regular Ext;ra Total
"
CHRONICLE
Share
of Company
Name
Payable of Reo.
Croup Securities, Inc.—
!
FINANCIAL
Holdert
When
Per
Name of Company
&
COMMERCIAL
THE
Number 4775
2nd
7%
2nd preferred (quar.)_.
.*■
■
'
48
THE. COMMERCIAL
(644)
When
Per
Name of
Richfield
Rockwell
&
preferred
5%
series
5%
Rolland
Paper Co.,
Ronson
Art
5%
conv.
5%
conv.
5%
conv.
Regis
4(4%
Ry.,
(initial).,
com.
A vtc
(quar.)__
Scotten
2-10
3-
2-14
1
preferred
Oil
Seaboard
Union
6-
1
United
9-15
9-
1
1
2-
4
1
United
2-28
2-18
2-23
2-
9
Pulp
1
2-14
2-
7
U.
3-
1
2-15
3-
1
2-15
3-
1
2-18
3-
1
2-18
4-
1-31
2-15
1-31
2-15
1-31
1
3-15
3-31
3-15
2-15 J-
1-31
United
4-
3-
1
2-15
United
3-
1
2-11
Universal
3-
1
2-11
Railway
Power,
2-15
4(4%
Universal
Universal
Co.,
2-15
3-10
2-18
Virginia Coal &
1
2-11
Virginian
3-
3-
2-
2-15
4
2-28
2-15
1-17
2-28
2-15
&
Chemical
Standard
Co.
Silica
Standard
Mfg.
3-
3-
1
2-15
3-1
1-31
1
1-31
Wells
Struthers
Corp.,
preferred
Suburban
Oil
Ray
Co.,
6%
preferred
Swan-Finch Oil,
5%
2-19
2-28
2-10
3-10
3-10
3-
2-
9
White
2-
3-10
2-17
£"14
3-
5
Oil
Wilson
1-31
2-25
&
1-28
7
1-31
4-
1
3-15
3-
1
2-15
Tennessee
2-15
2-
2-15
2-
5
2-15
2-
1
3-15
2-25
3-
2-15
6%
(increased)
preferred ,(quar.)'
3.60%
preferred
Wisconsin
$4.80
Power
(John)
3-
1
2-15
3-
1
2-15
4-
1
3-
1
Woods
3-
1
2-
1
Wooaside
4-
1
1
2-15
1
2-
2
2-
5
2-15
2-
1
3-
4
2-11
Ordinary
3-
4
2-11
Ordinary
4-
1
3-15
4(4%
50c
6-25
6-15
4(4%
2-15
2-
Woolworth
Clothes,
Inc.
Toledo
Edison,
Woolworth
1
Co.
preferred
Co.,
1
3-
1
Wrigley
3-
to
15c
(quar.)
3-
3-15
2-15
40c
4-
1
3-15
$1.0614
3-
1
CO
..
(quar.)
Trunz,
Int.
(quar.)
(irreg.).
3- 1
2-10
3- 1
2-10
35%
20%
3-14
3-14
1-25
1-25
25c
$1.12'4
$1.12(4
3-21
3-15
3-15
2-23
2-28
2-28
Ltd.—
Mines,
com.
(quar.)_
25c
Jr.,
Worsted
3- 1
2-19
10c
3-15
2-28
6-15
5-31
Co.
2-21
1-10
12(4 %
2-21
!,
10c
2-28
2-14
2-28
2-14
25c
4-18
4- 4
37(4c
37(4c
iquar.)
Co.
4-30
7-30
4-20
7-20
Extra
Cab
Machine
(quar.)_.
Co.—
6%
convertible
convertible
preferred
preferred
(quar
1-10
4-
1
3-15
$15c
4-
1
3-15
50c
2-15
1-25
books
♦Transfer
in
tPayable
in
resident tax
U.
closed
Funds,
Canadian
3-10
2-28
3-
1
2-14
a
Less
British
40c
to
CO
2-
x
Less
30%
4
(quar.)
evidence
West.
banks-
These
_
"before
I
have
ample
an
1,000
-than
more
oppor¬
*
Court,"
he
told
the
hearing
of thing is. not
pernvssible.
documents."—V. 169, p. 150.
Western
&
for
28 filed
Jan.
on
examiner,
"has
demand'
I
ruled
recess
a
to
Air
offering of
an
404,112
offering
is at the rate
share
each
shares of
its
common
held
price,
the
on
stock
share
one
Both
record
the
underwriting terms,
the
as
Merrill Lynch,
principal underwriter.
Prior
date.
record
well
as
one-fifth of
of
amendment.
the
With
Inc.—Registers
registration statement with the SEC
a
Pierce,
Fenner
($5
new
date
to
are
Beane
&
of
par)
is
stock
be
'
the
and
filed
named
as
the
to
agreed
writers
agreed
purchase
at
subscript'on price any of the
the exercise of warrants
the
stockholders.
other
to
to
106.808 shares not purchased upon
remaining
issued
exercise subscription warrants issued to it and to
shares of the new stock for investment. The under-—
to
297,304
have
proceeds of the issue will -be. added to and become part of '
funds of TWA.
No allocation of such proceeds has been
there is no present plant involving the use thereof.
The
general funds of TWA will be used for such corporate purposes as
the management may determine.
Since 1945, TWA's working capital
requirements have increased as a result of the expansion of TWA's
The
the
net
general
and
made
air
"
transportation services.
11
1
*
'
* ''
ended Jan. 31, ' 1946, TWA's
average
(excluding amortization and depreciation)
were
approximately $2,475,000, while for the 12-month period ended
Nov. 30, 1948. such average monthly operating expenses were approxi¬
mately $7,524,000.
Furthermore, in the last three years, operating
losses
and
acquisition of new flight equipment have reduced net
working capital.
TWA is also obligated to make in 1949 principal,
sinking fund and interest payments on its funded debt.—V.
169,
p. 539.
.v,
:
the
For
12-month
monthly operating
period
expenses
Corp.—New Vice-Presidents—
Union Bag & Paper
,
this corporation; Alexander Calder, Jr.; James
have been elected Vice-Pres'dents.
Mr.
Calder, Jr., has been Assistant to the Vice-President in charge of
sales, Mr. Knipe has been Assistant to the President, and Mr, Dunn
has been Resident Manager in charge of the company's pulp, paper,
paper bag and paper box plant In Savannah, Ga.—V. 163, p. 2733.
L.
of
executives
and
Knipe,
Dunn,
T.
T.
Missouri—Hearing Postponed—
Union Electric Co. of
15 to
proposed sale by company of an
stock to The North American
Co., New York parent holding company. The postponement had been
requested by the companies.—v. 169, p. 539.
Feb.
SEC
The
announced
2
further postponement from Feb.
a
the
19 of the hearing upon
additional 367,500 shares of its
April
Heat
Light,
Union
common
Co.—Bonds
Power
&
Offered—
Stuart & Co. Inc. and associates on Feb. 3 of¬
fered $5,000,000 first mortgage bonds, 3% series due 1979,
at 102.39 and interest.
' ,■
The issue was awarded Feb.
1 on a bid of 101.69.
Other bids re¬
ceived at the sale, all
for a 3% coupon, were: Blyth & Co.,, Inc.,
and
The
First
Boston
Corp.
(jointly), 101.62; Salomon Bros, &
Hutzler," 101.474; Merrill Lynch,
Pierce, Fenner & Beane. 101.441;
White, ' Weld
&
Co.,
101.10;
Harriman R'pley & Co., Inc., 101;
Equitable Securities Corp..
100.95; W, E. Hutton & Co.,;,100.5915;
Halsey,
Wood, Struthers ;& Co., ,100.551.
Dated Feb. 1, 1949; due Feb.
.'
:*>
1, 1979. Bonds will be redeemable at
whole at any time or in part from time to
time
prior to maturity, upon at least 30 days' notice, at principal
amount
thereof plus
regular .redemption, premiums, the initial reg¬
ular redemption premium, being 65/p % ; bonds will also be redeemable
upon like notice by operation
of the improvement and sinking fund
or
the
maintenance and
replacement fund or, in certain instances,
by the use of proceeds of released property, at the principal amount
^thereof plus spec'al redemption premiums, the initial special redemp¬
tion premium being 2(4, plus interest in each case.
of
option
company
as
a
proceeds from the sale of the
interest and before deduction
PURPOSE—The
bonds
($5 084,500.
of estimated ex¬
will be applied substantially as follows; ^
(li
$2,295,700 to payment," in advance of maturity, at principal
amount
thereof
of $2,067,000
company's 6% first mortgage bonds,
series
A,
due Aug. .15, 1949 and $228,700 of company's 6%
first
mortgage bonds,, series B, due Aug. 15, 1949, owned by Cincijmatt
Gas & Electric Co.
(parent). The $2,295,700 of first mortgage bonds
1 constitute 3
all
of the company's presently outstanding funded debt.
(2)
The balance to provide funds for financing, in part, the com¬
accrued
of
exclusive
$52,5651,
penses
of
pany's
construction
rate
will
business
of
of
4/94
STOCK—On
capital
its
Jan.
on
18,
share
a
stock
the right
shares
additional
20.000
of
gate
of
holders
to
of
program.
CAPITAL
ADDITIONAL
for each
of
Jan. 20. 1949, the company
(par $1001 of record at the
to purchase at par an aggre¬
capital
1/94
of
a
stock pro rata at the
share held. Such rights
expire Feb. 7, 1949.
Co. has exercised its right to pur¬
19,683-38/94 shares) of the 20,000
for cancellat'on of $1,968,341 principal amount (out of
$2,067,238 principal amount) of 6%
demand notes of the comcany held by Cincinnati Gas & Electr'c Co.
The
remaining $98,898 principal amount" of the company's -3%
de¬
mand notes has been pa'd out of the comoany'S treasury funds and
the
6%
demand notes have been cancelled.
As of Jan. 31, 1949,
23-38/94 shares of the remaining 316-53/94 shares offered had been
The
chase
Gas
Cincinnati
its
subscribed
by
Electric
&
(i.e.,
surrender
a total of
share
rata
pro
offered
shares
the
for.
BUSINESS—Company
AND
COMPANY
was
incorporated
in
Ken¬
March 20, 1901.
During 1901 it acquired the prooerUes of ail
and electric companies then operating, in the c'ties of Coving¬
ton,
Newport,
Bellevue.
Dayton and
rdiacnt communities in the
contiguous counties of Kenton and Campbell, Ky.
Subsequently service
the
was
gas
extended
The
for
less
funds,
this
15%
tax
dividend.
at
the
source.
income tax.
Jamaica income tax.
is
Boone
County.
engaged
„•
.
tax.
No:*-
Ky.
principally
•
in
the
:
.
purchase,
transmission,
residential, commercial,
industrial and municinal and other public ourposes. and in the pur¬
chase, distribution and sale of .natural gas for residential, commercial,
industrial and municipal and other public purposes.
It also furnishes
water service at retail and
wholesale.
Company's business is solely
in the Commonwealth of Kentucky where it renders service to approx¬
imately
and
50.000
counties
sale
of
electric
above
electric
customers
named
and
for
ener<™
and
43,000
7,300
water
gas
customers in the
in Campbell
customers
'
'
which
covers
approx'mately
estimated population of 160,000, is
directly
from Cine-'nnati and forms an im¬
portant part
of the Cincinnati metropolian
area.
It includes 23
cities
and
towns
and
adjacent rural territory, mo'e than 85%
of
the
inhabitants of which
live
within a 5 mile radius of downtown
The
Canadian non-residents'
deductible
into
company
distribution
County,
15%; resident tax 7%.
35 c
1
not
S.
the
through
stockholders.
The
three
tPayable
in
j
has "
and
monopoly
tucky
Ltd.
,
15c
Co,
3-25
10c
Wyandotte
Yellow
$15c
Company
2-17
4-10
10c
(Win.).,
Yates-American
Ltd.—
(quar.)———
3- 4
.
Common
6%
Coal
25c
$40c
Common
.
(The)
3-21
1-28
.10.2857%
Trane
2-28
2-15
1
1
Truax-Traer
3-31
Ltd
prior preferied (quar.)__
convertible prior preferred
40c
(quar.)—
its
to
close
4" 1
(quar.)
(final)
(bonus)
3-15
1
proposing
2-15
50c
Canada,
& Company,
Wright-Hargreaves
Monthly
,
expansion
documents, containing
sort
company
2-15
25c
1
Co
of
Co.
W.)
$1
(quar.)
Trust
(F.
The
3- 1
$50c
Extra
50c
common
(quar.)—1———
4(4 %
(F. W.)
banks
600
this
credit
a
$6,000,000,000.
as
Transcontinental
2-28
—
;
Worthington Pump & Machinery Corp.,
Oil
Co.
Power
Corp.
of
introduced
them."
these
offered
4
2-
2-15
10c
Associated
Securities
3-
2-15
Mills
Co
3- 1 ; f2- 3
4-30 .
4-15
3- 1
■■-•'*2-15
2-15
1-31
3-15
2-28
3-15
2-28
r™"~"
:
Mills
Governor
Combing
25c
(quar.)—
50c
37(4c
$1
12(4c
15c
10c
25c
$1.06(4
$2.50
15c
' '
27 (4c
$1.50
90c
28c
$1.20
$1.12(4
25c31(40
3-17
2-7
2-7
2-7
2-18
1-28
3-15
2- 1
3- 2
1-26
2-7
3-14
2- 1
1-25
4- 1
3-1
3-1
3-1
3-10
2-14
4- 1
2-15
3-11
2-lo
3-1
4- 1
2-15
2-15
50c
Woodward
15c
Corp
Ltd
Co./
Cotton
1-20
3-
Mfg.
25c
Oil
&
Timely
A
common
2-15
50c
Coal
Thompson Products, Inc.,
4%
preferred (quar.)
Class
Co.,
(quar.)—
1
10c
.k
Water
.•
preferred
50c
(initial)
Cotton
Water
(quar.)
& Light
preferred
4(4%
15c
Co._;
Common
Tide
(quar.)
Co.—
3-
75c
Common
Tide
(s-a)
corp.
Fewer
(quar.)___
Woodall Industries, Inc., common
(quar.)__
5%
convertible pieferred iquar.)
._
$1V2C
.
_
Tobacco
Crampton
40c
(quar.)
(quar.)
Extra
Thomaston
(quar.)
common
(quar.)
1st pfd.
Electric
Common
5
common
10c
Products & Chemical
Thompson
&
Winters
'__
Inc
75c
Fund
Pacific
Texas
Company,
Wisconsin
___,
(quar.)
Company,
preferred
Wilson Lines, 5%
2-
2- 1
2- 1
(quar.)__
Corp.
(quar.)
Mfg.
Co._____
$4.25
2-11
2- 1
2-15
2-15
$1.25
25c
87 (4c
95c
common
37 (4 c
(quar.)
preferred
Corp;
Electric
Instrument
Stores,
Corp.
Wilcox
Wool
Television
Corp.,
37 (4c
_
Sylvanite Gold Mines, Ltd
Syracuse Transit Corp
Tampa
Auto
Wickcs
1
3-11
1
(quar.)
(quar.)
Paper
2-15
75c
$1.25
U
Stationery
Dental
S.)
Whitakar
2-15
5c
—
Taggart
(S.
1-19
1-19
2-28
Co.—
—
Electric
Electric
Weston
2-16
2-15
2-15 *
2-15
2-15
3-11
Co.
preferred (quar.)—__
3.80% preferred B '(quar.)—_
25c
Corp
Paper
Co
3(4%
18c
(quar.)
&
A
3- 1
$1.12(4
1
Coke
(quar.)
&
preferred
Westinghouse
2-10
f,
1
$1
.__
(quar.)
Tablet
1-25
1-25
1-31
2-15
2- 1
$1.75
$1.50
50c
(quar.)
2-10
2-10
2-15
3- 1
2-21
•
&
RR.
Pacific
preferred
5%
3- .1
31V4C
(quar.)
Company
Special
Pulp
preferred
Western
40c
common
6%
preferred
2nd
&
Gas
common
Drug
3-
10c
(quar.)
common
Virginia
Common
56c
(quar.)_
2-11
Inc.—
'
(quar.)
Coal
4'4%
25c
(quar.)
Propane
Co,
pfd.
2-11
3- 1
$1.12(4
Co.
Co.,
Co.
preferred
Virginia
White's
——__—
3- 1
$1.06(4
$20c
20c
12(4c
(quar.)
Western
60c
Coal Co
Coke &
1
$1
(s-a)
12-29
2-10
2-15*
35c
.
(quar.)
Electric
West
2-15
3-15
50c
4(4%
2-15
2-21
3- 1
'
(quar.)
West
3-15
50c
Insurance Co.
Textiles,
Stern
2%
20c
20c
(quar.)
preferred
6%
1
Acid
Extra
Sterling
4-15
7-15
2-11
(quar.)
(quar.)'
& Snowdrift
Penn
7%
25c
:
5-2
8- 1
3- 1
dividend)
(stock
Corp.
Co., common
preferred
West
12 (4c
(quar.)
2-11
2-15
2-18
37(4c
37 (2c
20c
(quar.)
Manufacturing
Oil
WessQn
2-11
2-
25c
(quar.)
Inc.
Stores,
3-10
50c
—
Company
&
Bros.
3- 1
3- 1
Gas Light—
W'entworth
5
2-15
,$1
Co. (quar.)
Phosphate
&
Spring
3- 2
40c
$1
$1.12
Corp.
Ltd., ;class A (quar,)
Engineering Co.
(increased)
Wellman
2-15
3-
D.)
preferred
preferred
$4.25
3-15
3-15
(S.
Waterous,
20c
(quar.)_
(quar.)
(A.)
;
40c
—
(quar.)
Wholesale
Works
1
1
tlOc
(quar.)——
Equipment
Corp.
Steel
Standard
8-15
3-
$$1.25
(Indiana)
Standard
9-15
4-
40c
conv.
Railway
5-13
2-15
30c
(quar.)
com. (quar.)_
preferred (quar.)—
Forgings Corp. (quar.)„
Standard Oil Co. of California (quar.)
75c
!
.Company.:
preferred
$4.50
2-15
87 (4 c
(reduced quar.)
Ltd.,
Co.,
2-15
2- 4
i
.____
Corp.
than
more
excess
about
maintaining,
objected to the
Supreme
this
Three
Petroleum
Washington
Corp.—
Standard
Oil
6-15
50c
(quar.)
Standard Dredging Corp.
Standard
3-15
v
■'
&
$4.50
3-15
45c
(quar.)
5%. preferred
Standard
2-28
$1.50
(quar.)
preference
convertible
3-12
5
50c
(quar.)"——
Seal
&
Cap
1-20
$1.25
—
Co
(quar.)
Electric
$4
Inc., com.
preferred
2-
2-15
$1
(quar.)
(Conn.)
2-15
Co.__
(quar.)
Warren
2-28
$1.25
:—
Steel
Manufacturing
Wagner
10c
Sons
Co.
1
3- 1
2-28
•
(quar.)
Railway
Warren
$1.25
(quar.)
Inc
Investors,
*
2-25
22(4c
15c
'
(quar.)_
Walker
$30c
(quar.)—
Sparks-Withington Co.—
6% convertible preferred
1
5-31*
8-31*
11-30*
2- 4
2- 4
1-313-15
1-31
2-10
2-10
2-15
$1.06(4
2-15
Vogt
50c
preferred (quar.)
Service, com. (quar.)
(quar.)__
2-28*
1
Inc.—
preferred
6%
1-31
40C
Public
$1
25c
Co.__
Iron
concerned
study
by
3-
50c
________
preferred
6%
3-10
75c
(quar.)_
Corp.
to
2-10
2-10
2-10
3-
tl5c,
$1.50
iquar.)
Co.—
Sugar
being
tunity
subscription
1
1
6-20
9-20
12-20
3-10
3-10
2-19
3-30
2-15
2-25
$1
Oil
Co.
pages,
2- 1
1
3-21
$1.75
pieferred
Vanadium-Alloys
2-11
1
Winding
Utah-Idaho
22 (4 c
(quar.)
common
(quar.)___
;
Co.,
in
Stewart
"The
1
SEC—
7-
75c
75c
75c
$1.25'
(quar.)
convertible
90c
$25c
non-cum.
Standard
Pictures
3-10
(quar.)_
common
preferred
Standard Brands,
Insurance
is
w.th
purchase
1
preferred
in
ownership
deposits
Mr.
.that
Board
Transamerica
2-15
3-15
2-15
3-15
2-15
3-15
1-15
_
5r/o
Sun
1
25c
preferred
Sun
2-28
3-
$1.05
non-cum.
Water
'
stock
have
•-
Reserve
have
(increased)
$6 pfd.
(quar.)
Corp.,
The
charged
6-15
2-28*
Ltd.
Consolidated
3-10
30(4c
Co.
Gas
Kellogg
Stores
Transamerica.
2-16
(quar.)
Special
R'3-
2-25
—
Corp.,
The
1
3-21
!__
Steel
Stewart.
Mr.
3- 1
;
preferred
of
(increased quar.)
Co.
common
Special
7%
objections
the
over
3-10
______
Corp.,
2-15
—
non-cum.
Stamford
Steel
officer
attorney indicated that the major part of his case hinged
documents, which set forth in detail the expansion of1
two
50c
Quarterly
S
the
on
1-31
1
1
1
2-28
3- 1
4-1
4- 1
25c
Quarteily
U
hearing
Board
was
22(4c
75c
Extra
2-15
two
by
the
?
aroused
when
Mr.
Townsend
voluminous,documents in evidence and they were accepted
offered
serve
ire
$1.06(4
Quarterly
Vemey
5%
$1.25
3-10
1-17
c
50c
5%
Stonega
1
2-15
;
Canada
Sovereign
Pipe & Foundry
corporation, counsel's
(reduced)__
common
(s-a)
preferred
2-25
10%
(quar.)
J.)
The
343434-
Corp.—
(quar.)
(N.
3-15
(reduced)
Works
Natural
Southwestern
S.
Co.
.
mailing to stockholders of subscription warrants repre¬
senting the right to subscribe to the new shares. Hughes Tool Co., the
holder of 1.486,523 shares of the outstanding TWA stock
(74%), will
.
Machinery
preferred
Lines
4(4%
U.
(quar.)
Hoffman
S.
S
(quar.)
common
(quar.).l
preferred
2-15
(quar.)
Southern
Finishing Co.,
preferred
4(4%
U
Edison Co.—
Southern
&
_
S.
case,
of
2-10
$2
50c
50c
53c
53c
< 58(4c
58(4c
37(4c
62(4c
$1
$1.75
•
12)
that action initiated "would -set aside the rules
jurisprudence built .up over 1,000 years just to suit Mr. Leonard
Townsend," counsel for the board.
this
for
—
3-
2-15
1
California
Southern
4%
2-15
87 (4 c
preferred
Southern
Swift
1
3-15
—
(quar.)
pfd.
(quar.)__.
Co.
Lathe
(Del.)
3-15
50c
Ltd
Co.,
Bend
Stern
3-
$$1.12(4
conv.
2- 4
2- 4
3-14
:_—
—
preferred (monthly)
7%
prior preferred
(monthly)
United Shoe Machinery Corp.
(special)
3-15
Co.
90c
2-15
2-15
4- 1
(Continued from page
officer
study
preferred (monthly)
prior preferred (monthly)
t$l
:_____
(quar.)
1-31
2-24
2-24
Co. (N. H.)—
prior
Universal
(quar.)_|
Co.,
Aircraft
Sterchi
7%
56 (4 c
L
Socony-Vacuum Oil
Stein
6.36%
50c
—
(irreg.)
(quar.)
preferied
4.20% preferred
$1.60
2-14
2-15
Inc.—
(quar.)
(quar.)
3%%
$1.60
6.36%
1
1
$1
Oil Co. (stock dividend)
(Alexander) & Sons Carpet—
Common
(increased)
t$l
preferred
Corp.
$3.50
1-28
33-
40c
(quar.)____
2-28
3-10
3-10
75c
$1.75
55c
(irreg.)..
Co.
Accident Insur.
Light & Railways Co.
25C
1
Co.,
&
Oil
Spencer,
6%
59 %c
...
3- 1
1-15
1-31
(quar.)—
preferred
(monthly)
prior preferred (monthly)
62 (4 c
(irreg.)
4.88%
4-15*
United
62 (4 c
^Simpsons, Ltd., class A
Southam
1
t27'/2
(quar.)
Co.
Co.
preferred
Soundview
5-
t30c
Co.,
(Franklin)
4Va%
6%
J25C
preferred (quar.)_—*
Sinclair
1-17*
$1.12'/2
Corp., common (quar.)__
(quar.)
—
common
(quar.)
Products
B
Annual
2-25*
25c
Signode Steel Strapping
5%
preferred (quar.)
Class
Illuminating
1
175c
preferred
3-15
2-15
2-28
i.__-———
___
Life &
2-
2-15
Cos.
Engineering & Foundry Co., common
preferred (quar.)
*
;—
7%
3-12
25c
-
1-31
1-31
1-31
1-10
1-31
2-15
25c
25c
conv.
>
United
U.
(s-a)
Sherwin-Williams
4V2%
8-1-49
7-18
f5c
Extra
Simon
1-20
4-lb
tlOc
(quar.)
(quar.)
Winnipeg Brewery, Ltd.' cl. A (s-a)_
Simmons
2-10
5-1-49
$4
preferred
2-15.'
2-15
2-15
2- 9
2-10
3- 1
$1.25
$30c
$25c
___.
50c
common—
3- 4
87(4c
92(4c
$1.12Vz
62(4c ./
25c
.' $1.25
(quar;).
40c
Investment
preference
partic.
3-14
■'.•/; s
•
(quar.)
Extra
United
7%
$4.50
Inc.,
4%%
2-15
t31(4c
Shawinigan Water & Power Co.
Shellmar
2-15
1
t25c
...
3-10
3- 4
25c
.
(quar.)—
Coal
Corporation and
Investment News
2-28
(quar.)--.—.
California
Corp., 5%
Electric
91 (4 c
(quar.)
Security Banknote Co,,
$1
preferred (quar.)
B
1
3-
International
Canadian
Co., Ltd., 4%
Participating
Class
3-
85c
(increased)—:
Shops, Ltd.—
Co.
B
United
Secord
Laura
Second
Class
85c
$3.65 pfd. (quar.)
3-12
4- 2
3-14
Extra
27 (4 c
—
50c
_____
pfd. (quar.)
Artists' Theatre Circuit, Inc.—
preferred (quar.)__—————
Corporations, Ltd., class A (quar.)_
5%
12-
3-
Corp.
Co.
6-15
Candy
(Laura)
Storage
United Aircraft
62 (4 c
,
2-11
3-19
25c
50c
-
—_
(quar.)
(quar.)
of
Co.
1
30c
(quar.)
(Del.)
Surety
Secord
Co.
Oil
3-
12-15
(quar.)
preferred (quar.)
preferred (quar.)
$4.50
Union
27 V2C
(quar.)
3- 1
4- 1
62(40
(quar.)_—_
(Missouri)—
Co.
preferred
$3.70
3-10
7c
Co
Dillon
Seaboard
South
$3.50
1
4-
25c
Scythes & Co., Ltd., common.-
Solar
2
15c
(qua.r.)_
Scovill Manufacturing Co.,
Smith
1
3-
25c
(quar.)'
Corp.*
——
United
Co., common
preferred (quar.)
preferred
(quar.)
$3.40
Skelly
3-
3-12
Co.
Paper
&
Electric
Union
3-15
50c
Paper
4%
3-15
1
Co.
A
A
Bag
3-15
$1.25
—
General
Payable of Rec.
$1
$50c
Union
$1.25
—
Monday, February 7, 1949
Holder»
.
-1
Rubber
&
Extra
2-25
$1
Asbestos
$1.25
—
A vtc (quar.)_,—
A vtc (quar.)'J
Inc.—
Street
Clutch
Disc
Union
$1.25
(quar.)
A vtc
e.,
Corp...
preierred
preferred
5(2%
Shea's
4-
Twin
7c
$3.40
Servel,
3-15
50c
Paper
6ya%
See
1
(quar.) t$1.06'/4
40c
quar.)
$1.12 >/2
(quar.)___
preferred
Francisco
Schenley Distillers
Schwitzer-Cummins
5%
4-
pfd.
Extra
Scott
3-15
LaSalle
"When
Share
/
•
CHRONICLE
2-15
1
(increased
Steel
Safway
2-23
1
$1.25
Co. (quar.).——;
Products, Inc. (quar.)
Savage Arms' Corp...
Sayre & Fisher Brick Co. (quar.)
St.
5
4-
—
preferred
preferred
preferred
preferred
conv.
5%
33-
City Seventh Unit,
preferred (accum.)
South
208
$1.25
Shops
Louis-San
St.
1
25c
(quar,)______________
4Va%
(Jacob)
2-
30c
___
Ltd.,
$6
$1.25
(quar.
Works
Metal
Tudor
2-15
1
2-15
42 (4 c
(quar.)
preferred
Saco-Lowell
(quar.)_
A
common
A preferred
prior
Ruppert
Ltd., cl.
(increased)
(quar.)____
Co.,
5%
Name of Company
2-15
3-
J25c
(quar.)
Co.
Mfg.
Rockwood
Holdert
Payable of Rec.
,
Co,,
Co.
Gas
Per
3-15
50c
(quar.)
Corp.
Robinson, Little &
Rockland
Share
Company
Oil
FINANCIAL
&
178
>
service
area
of
the
company,
miles and has an
across
the Olrn River
square
Cincinnati.
*
,
•
.
'
/, -iiJi
3t»w«iwatf^aa«in54wc- tt
V.
THE
Number 4775
169
Volume
WtKMUM*^
capitalization, giving effect to present financing
/•'.ft/':'
•First
series
3%
$100)_______—!
stock i(par
22'S5n
'
ft
25,,000 shs.,
be issued in one or more series limited to $30,000,000
principal amount at any one time outstanding, but subject
'Bonds
may
aggregate
restrictive provisions
the
^
30,000 shs.
UNDERWRITERS—The
Stuart
Halsey,
Ball,
Hill
Inc
Co.
Wm.
400,000
122'222
—
Merioka
J.
—V.
H'S™
Co
&
300,000
Inc
Co.,
Co
&
750,000
-J-—
169,
384..
p.
Counties,
(Excluding
Leased
&
offsetting
Period End. Dec. 31—
Lines—Earnings—
accounts
Net
oper.
a
new
fr.
rev.
Federal
Other
Equip.
&
i'ac.
jt.
(net)
Net inc.
How
2,532,693
portation
2,056,363
41,975,632
Last
Total
income
4,234,069
Net
9,078,052
5,799,399
:
74,315,440
62,792,501
1,004,235
7,025,847
8,345,005
4,728,587
income
Net
11,279,865
10,275,630
67,289,593
54,447,496
chgs._
from
funds
on
U.
Total
for
Dividends
"Reserve
against possible
Government shipments"
S.
164,731
55,995,469
3,981,724
63,472,600
52,013,745
28.554
preferred stock
1,547,973
67,454,324
3,981,724
of
growth
outstanding
was
and
resources
to
30,000
over
a
cent
for
stock____.
common
stock
common
on
of
of
ASSETS
reduction
transported
cial rates
in
23.399
._
and land
in
net
prior
income
resulting
grant rates.—V.
refunds on ship¬
from
difference between
the
of
years,
commer¬
169, p. 49.
lor
PER
SHARE
DEC.
1946
1,341,255
$18.26
$20.02
$1.00
shares
$1.00
$1.30
$1.50
filed
of
registration statement with the SEC
a
stock
common
$1),
(par
168,
to
the
agreement, the companies will honor each other's air¬
bills without re-billing on shipments passing
between all points on
United's 80-city system and cities on the coast-to-coast Canadian
route to Trans-Canada Air Lines.
Transfer of cargo will take place
at
Vancouver, Seattle, Chicago, Detroit, Cleveland, New York and
Boston.—V. 169, p. 539.
West Penn Electric
of
the
eliminate
The
Co.—Proposes Internal Adjustments
the
division
of
ownership within the system of common
of
the
principal operating
subsidiaries
and
to
concentrate
ownership of these stocks in the parent company.
The plan, which is in two
parts, is designed to bring the internal
the
affairs
of
the
system
into
compliance
with
Section
11
gether
with
certain
the plan provides for the transfer to West Penn
Electric Co. from West Penn Railways of the
shares of common
Stock of West Penn Power Co, owned
by West Penn Railways, to¬
Co's
preferred
cash
stocks.
and
The
shares
185
West
of
Penn
The
West
Electric
Co.
will
shares ($100 par) common stock of the West
that; company,
and will assume the liability of
Penn Traction Co. 5% non-callable Gold Bonds
to
liability
Under
the
cash,
one
Columbia
Gas
Si
Gas
Electric
of
Hearings
each
System,
the
Public
of
Inc.,
and
Cash
common.
Cincinnati
each, preference
of
share
common
and
Shares
holders
plan,
.
3/10
will
be
of
a
paid
in
receive $6
will
share
Electric
Service
share
lieu
&
Co.
Gas
Cincinnati
fractional
of
of
Gas.
plan
September,
SEC
plan, which the SEC had endorsed
Aug. 9.
Judge Leahy, in his opinion, held that the plan was "fair
and
equitable"
and
appropriate
to
comply
with provisions of the
Holding Company Act,
asked
on
the
court
Commenting
New
York,
on
last
after
the
the
separate
a
plan
Randolph Phillips, of
its public utilities divi¬
offered'by
Leahy said: "The
analyzed 'that plan,sand
neither fair
was
held
were
approve
Judge
sion, staff
it
to
SEC
and
concluded
rightly,
I
think,
compel the conclusion that,United's plan
United Corp! has Stated
.
the
stock
common
the
ment
is
Share
of
preferred
1/10
of
its
intention
soon
becomes
share
a
United
"as
Niagara
common.—V. vi68,
was
to
unfair."
dividend .payments
resume
practicable
as
effective."-
of
be
The
Hudson
after
the
for
re¬
dividend
proposed
Power
plan
pay¬
for
each
common
1627.
p.
West
Penn
Power
Co.
the recent subscription offering by this company is
become effective until Feb, 7, altering the previous
schedule of dates in connection with the
offering.
par
in
to offer holders of its
proposes
of
business
Feb.
on
rights
7,
stock
common
to
subscribe
to
warrants
the
rights
that
will
expire
31,
Jan.
earlier
the
1949,
schedule
The ex date
rights
on
will
be
mailed
on
or
about
Feb.
17.
West
the
March 9, 1949.
It was previously anticipated
be the record date with a corresponding
have
been
rescheduled
shown above.
as
the Curb will be the day following the date when the
subscription rights are admitted to dealings on the Exchange. The sub¬
scription rights will be admitted to Curb Exchange dealings when the
Curb
is advised
of
the
effectiveness
of
the
registration statement.
—V. 169, p. 384.
■
ftftft
ft,
of
The
has
company
Chandler,
in
West
in
Penn
Co.
Power
Penn
who
died
on
that
of
sales
Jan.
1,
for
the
formerly
1949,
w.il
present,
held
by
remain
the
the
Potomac
Inc.,
Net
from
Net
ry.
vacant.—V.
of
167,
of
From Jan.
Gross
from
Net
ry.
—V.
$123,903
$156,975
43,047
66,543
27,985
45,444
50,219
9,634
1,6"6,377
1,900 547
1,536,494
1,502,214
'1,515
159,847
204,791
313,746
'52,716
61,329
89,774
186,803
-
income
51.
p.
Virginian Ry.—Earnings—
December—
Gross
from
Net
from
Net
ry.
From
Gross
Jan.
from
frcm
Net
ry.
$3,397,863
railway
oper.
Net
1948
railway
1947
$2,992,963
1946
$2,076,134
1945
1,490,304
1,031,300
659,770
'3,132,519
654,349
480,513
479,592
*492,105
income
railway____
•Deficit.—V.
169,
38,097,608
36.551,799
14,657,226
24,788,096
28,308.057
14,473,650
6,967,524
the
over
As
result
a
the
of
equal to the profit which it
Monongahela Power Co. common and
to the public common stockholders
amount which is necessary
additional
any
and equitable to them.
Monongahela Power Co. and The Potomac
principal operating subsidiaries in The
integrated electric system.
These companies
electric
Co.,
bus
output
1948 —V.
utility
West
the
of
service to contiguous territories
Virginia, Maryland, Virginia and
plans
filed
now
West
8,779,265
4,75^,308
6,062,583
540.
3,812,609
5,086,779
3,462,899
'
:
1948
share
common
shares
mon
'Before
possible
on
1947
$15,0o0,045
*$12,445,16*
$23.24
569,559
*$18.60
com¬
outstandlng_______
deducting an appropriation of $2,000,000 as a reserve fo*
inventory price declines.
fAlter
providing for full
future
dividends upon the preferred stock.
Holloway, Chairman, and A. J. McFarland, Pres¬
ident, in
in part:'
letter to stockholders
a
Jan. 26,
on
further stated
Sales for the year 1948 were almost
$155,000,000, establishing an
all-time record for the
corporation, and the reported earnings for
1948
represent
poration.
for
all-time
an
Such
each
earnings
dollar
of
record
of
represented
sales
capital
average
and
invested
in
yearly
an
the
earnings
profit
to
rate
a
of
the
of
of
average
equal
are
cor¬
9.7
about
cents
9.8%
oi
business.
improvement and modernization program, commenced in 1947,
comprising the construction of a new battery of coke
ovens
and
auxiliary equipment, improvement to blast furnaces at SteubenvilleSouth
the
(no
West
Penn
Railways
and
White
of
Star
169,
of
103,506,000
540.
p.
kwh.
The
coke
;
bonds
and
will
i*'
The
corresponding
will
entitled
West
additional
at
to
shares
$28.50
subscribe
Penn
offered
for
offered
be
3,816
Co.
those
be
of
the
for
at
com¬
holders
additional
over
the
Power's
financing
outstanding
will
be
used
to
are
bank
for
be
used
loans
of
property
of
by
the public
for
the
the
all
of
stock¬
of West
balance
payment
$5,500,000
additions
and
and
A
the
betterments.—
5%
fare
reduction
all
on
flights
became
effective
the
amount
of
The
approved
made
was
Western's
the
pass
rate
new
savings
on
possible
request
to
the
to
when
Civil
the
discontinue
the
Feb.
free
meal
traveling public in the form of
Board
and
system
a
5 %
fare
reduction.
It
tion
roundtrip tickets
on
addition
in
to
the
meal savings.—
5%
new
reduc¬
1
169, p. 540.
from
Co.-—Earnings—
from
Net
ry.
for
ry.
134,930
1,483,602
*180,845
*293,876
985,027
*16,045
*1,302,712
_
44.038,237
39,990,009
42,066,194
53,313,695
_
10,846,749
9,940,150
9,850,258
14,036,807
4,940,897
p. 210.
5,085,592
4,500,292
5,202,283
income—
income__
169,
will
be
the
corporation
such
required
ed Feb. 2
$2,120,000 2% equipment trust certificates, due
semi-annually Aug. 15, 1949 to Feb. 15, 1959,
inclusive. The certificates, issued under the
Philadelphia
plan,
were
immediately
reoffered,
subject
to
ICC
authorization, at prices to yield from 1.25% to 2.30%,
according to maturity. Associated in the offering were
A. G. Eecker & Co. Inc.; Freeman &
Co.; and McMaster
Hutchinson & Co.
issue
than
were:
was
2.10%,
Harriman
Bros.
&
Other
Ripley
on
bids
&
Hutzler,
a
The
certificates
the
cost,
will
estimated
Cars.-.
be
at
of
received
Co.,
Inc.,
99.465;
Equitab'e Securities Corp., 99.415,
Gondola
bid
issued
99.505,
at.
and
R.
W..
the
a
net
sale
interest
for
a
2%
Lehman 'Brothers,
Pressprich
cost
of
coupon
99.4805:
to
provide
of
for
500
not
new
An
for
equipment,
additional
large
a
facilities
expenditure
of
tonnage
reserve
im¬
and
that*.
more
iron
of
to
outlay
which
the
has
direct
relationship
make
for,
the
in
absence
provided
be
must
a
corporation has
ore
"
of public
from the
to
been
the
more
than
70-ton
,•
ant*
profits
financing,
funds
earnings of the
of
for
cor¬
is
It
the
present
the 'payment
per
permit
intention
dividends
of
quarter,
such
distribution
corporation's
financial
CONDENSED
of
board
the
the
on
provided
of
without
directors
stock
common
future
of
1
realized:
OF
FUNDS
~
"**
REALIZED
'ft'-"
'
'
Net profit after provision for
Federal
Received from bona trustee
AND
increase
cash
(110
in
income
per
wil*
th»
depreciation,
THE
'
* ***''-
* ft
taxes
$15,050,043
20,302,87*
depletion
other
and
reserves
outlay required)
funds
$1
1948:
deposits
Net
continue
least
position.
STATEMENT
DISPOSITION THEREOF COVERING YEAR
Funds
to
at
earnings and cash resources
endangering the stability of
4,735,290
realized
$40,088,209
Disposition of funds:
Increase
in
plant
provement
and
property
(incl.
$22,500,000
and modernization
program)
investments and advances to
in
Purchase and
Dividends
retirement of funded
im¬
on
28,084,829associated
iron
ore
and
4,193,533
reserves)
ft "ft 118,81*
debt
.ft__
i_
747,000
paid
3,382,IF*
representing increase in working
capital
$3,561,920
The
working capital position of the corporation and its subsidiaries
31, 1948 and Dec. 31, 1947, showing the increase in suet*
working capital, was as follows:
/ • ■
ft
of
as
Dec.
CURRENT ASSETS—...
__'
Dec. 31, '48
Cash
U.
S.
Govt,
and
notes
Dec. 31, '4*
$3,101,756
receivable
$3,719,383
22,489,296
securities./
25,177,675
10,033,530
11,470,942
Inventories
43,771,516
;
34,098,41*
$80,833,510
$74,028,999
$10,892,500
Total
$9,578,117
LIABILITIES—
payable
interest, taxes, etc,
11,552,765 ft: 9,624,55*
Total
Net
It
L $22,445,265 $19,202,67*
working
will
be
securities)
capital
noted
receivable"
selling prices
tional
iron
ore
at
Dec.
It
during
should
amount
1948,
of
and
the
$1,437,412
"inventories"
also
(cash
resources
be
noted
S.
U.
if
because
higher
of
that
and
of
higher
costs
liabilities"
securities
were
and
sales
because
"current
liabilities
$54,826,325
Government
"accounts
higher
and
wages
S.
while
$9,673,105
Government
those
U.
and
year
increased
requirements,
31,
corporation
cash
$4,306,006
increased
and
It
$58,388,245
that
declined
in
paid
the
at
addi¬
of
pradTreas¬
once
the
would
with
becomes
have only a little more than
$3,000,000 in'cash,
which to carry on its business.
obvious from an analysis of the above statements
that
the profits of the
corporation of $15,050,045 in 1948, representing a
profit less than 10 cents of each dollar of sales and a return
of less
than 10%
on
the capital invested in the
business, is not too high
but
wholly necessary
its
plant
pay
return
It
not
permit
the
sufficiently
facilities
fair
a
to
to
to
its
corporation
maintain
stockholders
and
to
a
continue
improving
position,
competitive
maintain
sound
a
financial
been
is
also
apparent that dividend payments in
1948 couldgreater without seriously impairing
the construction
program and the working capital position of the
corporation.Present indications are that the
corporation shcuid enjoy a satis-
have
factory
volume
continue in
of
excess
business
Wisconsin Central
1948
from
Net
from
Net
ry.
railway
railway
oper.
From
Jan.
from
Net
from
Net
ry.
1949
as
■
iders
for
its
prouueta
168, p. 2271.
!?y.—Earnings
December—
Gross
during
of its productive capacity.—V.
1947
1$
1943
lO
$2,338,880
$2,333. >r?
$1,703,129
$1,682,629
463,443
606,401
120 PU
131.809
income
330,139
280,303
98,053
75,075
29,734,080
26.443,477
22,616.995
21.317,591
8,234.740
7,269,478
4.376,654
4,355,825
3,952,724
3,489,563
2,830,972
1,614,456
1—
railway
railway
oper.
income
'Deficit.—V.
169,
p.
150.
&
Co., 99.4365;
and Harris, Hall & Co., Inc., 99.413.
$2,650,000,
capital
expenditures
share,
Gross
awarded
expended
acquire
poration,
position.
Wheeling & Lake Erie Ry.—Equipment Trusts Offered
—Halsey, Stuart & Co. Inc. and associates were award¬
The
was
to
.
tremendous
resources
1—
railway
railway.
oper.
1945
$2,535,034
$3,085,608
*7,363,160
from
from
1946
$4,039,201
concerned
are
is anticipated,
improved facilities and
of
use.
future
The
ury
1947
$3,232,145
railway
oper.
From Jan.
Gross
1948
the utilization
plants.
made
tically eoual the
railway
operation
in
of
other
to
was
materials.
■ft
Western Pacific RR.
placed
to the
$4,000,000
notes
pointed out passengers will continue to receive the 5%
was
were
1
Canada,
Aeronautics
at
little
a
$7,300,000
provements
Accrued
on
mill
which $22,500,000 occurred during 1943, leaving
less than $6,500,000 still to be
expended.
expenditures made during 1948 in connection with,
above-mentioned
improvement
and
modernization
program
ai*
of
CURRENT
5%—v
throughout Western Air Lines system in 11 western states and
according to Richard A. Dick, Vice-President of sales.
of
$30,500,000,
balance
Accounts
Western Air Lines, Inc.—Fares Reduced
furnaces
self-contained insofar as steel requirements
ingot capacity of the Steubenville plant will, it
In addition
common
purchase
tube
operating methods at the open hearth plant.
In order
to
provide funds to partially pay for this program, tha
corporation sold, in 1947, at a price slightly above par,
$20,000,000
of nrst
mortgage sinking fund 3V4% bonds, series D, due July 1, 1967.
All of such funds were
deposited with the trustee under the provi¬
sions of the first
mortgage, as amended, and withdrawn by the cor¬
poration /during 1948
to
reimburse
it
for
capital expenditures.
:.A»
of Dec. 31,
1948, there had been expended on this program slightly
169, p. 540.
less
be
the
Accounts
of
blast
substantially increased by
of
subscription
will
(parent)
subscribed
sale
continuous
new
a
other companies
(mostly for additional
Net increase in deferred
charges
for
Public
share.
per
for
Electric
except
to
two
as
.
will
of
half
bo
Lines,
week
and
oven
last
Balance,
'
are
stock
common
stockholders
be
and
Proceeds
V.
the
installation
of 1948 and the new tube mill should be ready
operation during February, 1949.
The original program, estimated
in 1946
to
cost $30,000,000,
has been modified in some respects to
achieve maximum results
upon
completion and because of increased
wages
and material prices
the estimated cost has been
revised
to
$37,000,000.
Upon completion of the program in 1949 the corporation,
Increase
preferred stock
bidding.
common
stock
V.
new
during
the
plant,
although delayed
by
the
shortage
of
skilled
materials, progressed satisfactorily throughout the year.
for
Total
the
for
and
and
company.
par).
The
petitive
by
Works
Benwood
workmen
Electric
Penn
Company has applied to the SEC for authorization to issue and sell
$10,000,000 of first mortgage bonds, series N, 50,000 shares of pre¬
ferred stock, series C ($100 par)
and 70,000 shares of common stock
4,959,029
8,703,730
p.
Co.
amount
Pennsylvania,
Edison
small
a
Salomon
railway___
income
5,424,481
6,608,277
per
Weekly Output Increased 14.81%—
$2,011,470
1—
oper.
stock of Monongahela
common
Povfrer
$106,000
railway
railway
oper.
169,
$207,956
45,769
from
Net
1°45
37,613
income
1—
1945
$143,712
railway
railway
1947
10,494,235
9,150,147
after charges and Federal taxes
The
fair
completion
'Deficit.—V.
1°43
oper.
of
by
Power output of the electric properties of this
company for the week
ended Jan. 29, 1949 totaled
118,846,000 kwh., an increase of 14.81%
Utah Ry.—Earnings—
from
Railways
own
100%
of the common stock of Monongahela Power Co.
approximately 94 V2 7c of the common stock of West Penn Power
Co.,
being all of the common stock of that company held within
the
West
Penn
Electric
System.
In
addition,
West
Penn
Electric
Co.
will own, as it does now,
100 % of the common stock of The
G.
H,
798*,643
24,658,039
Wheeling Steel Corp. (& Subs.)—Earnings, etc.—
will
Net
office
late
523,375
21,303,141
Calendar Years—
and
Net
December—
West Penn
be
within
three
Co.
principally
Net
Gross
of
now
to
present
stock
common
business
Penn
the
of
Co.,
the
Electric
Upon
Gross
1513.
p.
the
this
Co. will pay
Co.
Power
are
sections
Co.
ft;
Co.—Vice-Presidency Vacant—
announced
charge
shares
an
December—
Vice-President
Co.
1960,
continue
actions,
provides for the repurchase
West
with
make this transaction
West
on
United Specialties
the
will
these
Power
and
plan
by
the ^ sale
on
Penn
Edison
and
would
dates which
of
of
that West Penn Electric
of
of
of one
covering
Co.
owned
connected
realize
may
$25
shares of American Light & Traction Co. at $12 per share
share of American Light &
Traction„ common stock
each five United Light &
Railways Co. common held, Subscription
ratio
the
stockholders
common
common
the
for
close
Penn
which
of
furnishing of transportation services in western
of
Electric
now
remaining
the
the
result
sale, West Penn Power Co. will
retain cash in the amount of
$7,000,000, the price which it originally
paid for the Monongahela Power Co. common stock.
The plan pro¬
poses that West Penn Power Co. will make a cash distribution to its
Penn
at
to
part
transactions
Statement covering
The company now
West
Railways
a
$4,372,500
holders.
The New York Curb Exchange has been advised that
the registration
693,373
30,265,184
Net profit
a
second
not
record
of
As
will be eliminated
reduced
shares;
United Light &. Rys.. Co.—Offering Dates Altered—
to
Penn
provided.
Railways
the
due
Pennsylvania.
the
expected
Penn
West Penn Power Co.—To Sell Securities—
.judge Leahy said further that'the'management's plan should ■ not
be rejected unless the Phillips plan was "so
palpably superior as to
on
now
surrender
that
;
tiring
West
ownership
feasible."
nor
the
as
Ohio.
in
of
secured
divided
Electric
Penn
West
District
31.
Holding
part of
furnish
Jan.
the
of
Act.
urst
corporation's plan for the retirement of its outstanding $3
preference stock was approved by Chief Judge Paul Leahy of the U, S.
Del..
176 494
482,903
ry. oper. income.,
—V. 169, p. 540.
the
shocks
to
(Del.)—Plan to Retire Preferred Stock
Approved* by Court—
Wilmington.
at
(the parent'company in the integrated electric system
name), has filed with the SEC a plan under Section 11(e)
Public
Utility Holding Company Act by which it proposes
that
Corp.
at
offered
The company
The
Court
be
Proceeds will be used
2440.
p.
1945
$1,566,271
587,019
<-
37,100,029
14,400,978
railway.,
from railway
Net
1945
1,996,183
$16.65
Underwriter, W. L. Morgan & Co., Inc.
investment.—V.
835,732
$1,786,659
1—
from
W. W.
1947
2,937,940
Jan. 24
on
900,000
977.840
income___
Jan.
YEARS
1946
$2,745,660
railway
oper.
CALENDAR
1947
$2,878,167
31
$16.28
share
per
the system
Interchange Agreement—
expedite Canadian-United States air cargo shipments, a new inter¬
change agreement has been signed by this corporation and TransCanada Air Lines, it was announced by Harold Crary, United's VicePresident in charge of traffic and sales.
*
United
ry.
1948
railway____
4£
The
To
Under
from
Net
of
Registers With SEC—
wil
United Air Lines, Inc.—New
Kec
The
3,936,135
shares
assets
The company
a
offset
*To
ments
high
new
shareholders.
169,917
Balance
Per
from
AND
and
$15,000,000 in resources for the year amounted to about
the total Increase of the 87 Mutual Funds in the country.
Tne
re¬
disposition,
on
charts
of
Company
from
Wellington's
year
covering
all
sources
•Released
with
the
DECEMBER
fEarnings
Distribution per share__
16,957,218
1,242,181
5,970,768'
other
and
Illustrated
tells
charted.
$64,000,000
Number
to
Fixed
language
1948
year
It
is
Fund
of
1,548,154
Gross
Net
calendar
understand.
and
the
year
,
sources
the
for
report
read
to
simplifies
36,757,231
26,540,409
4,307,725
2,738,071
__
the
Im¬
.
2,366,251
other
14,410,230
14,205,801
trans*
opers.
'oil
and
from
27,982,030
25,158,190
1,157,395
1,146,210
called
FOR
December—
abandonment
railroad
From
annual
easy
simple
in
story
the
market.
-
of
management took advantage of market opportunities during
is' shown
under
"investment
changes."
How
Wellington
the investors problem Is shown and a 15-year record of
the
116,179,916 109,599,081
34,840,293
30,449,590
13,147,813
5,150,000
gas
operations (net)
Income from invests. &
Income
$
rents
from
permitting
line
a
1948
27,392,917 321,403,216 300,454,624
7,171,502
1,988,383
opers.
taxes
of
1616.
p.
2uth
report
NET
$
1,980,546
ry.
income
taxes
(645)
EARNINGS
1948—12 Mos.—1947
$
29,208,584
expenses
oper.
certificate
a
company
156,
Fund's
type
Wellington
drawings.
l/6th
40,540,730 437.583,132 410,053,705
36,380,086
revenues
Texas.—V.
companies)
the
between
1948—Month—1947
$
Railway
Railway
issued
26
the
extending from engineers' station to the end of
Livingston, approximately 23.8 miles, in Polk and Trinity ft
Wellington
over
RR.
CHRONICLE
Gross
increase
Union Pacific
FINANCIAL
Wellington Fund, Inc.—20th Annual Report—
Burge & Kraus___
Richards & Co
&
Otis
&
Jan.
on
at
line
is
cipal amount of bonds to be purchased by each are as follows:
Field,
the
prin¬
the
and
underwriters
the
of
ICC
The
by the receiver of
Livingston division,
Indenture.
the
of
names
&
Wac<^, Beaumont, Trinity & Sabine Ry.—Abandonment
Outstanding
Authorized
mortgage
Capital
to
V V
'
.
bonds—
due
1979_.—$5,000,000
COMMERCIAL
80%
all-steel
Woodall Industries, Inc.—New Vice-President—
J.
has
Robert
been
Upjohn,
elected
Manager of the company's Monroe
Vice-President.—V. 168, p. 1628.
(Mich.)
plant,
50
(646)
THE
COMMERCIAL
AND
STATE
CHRONICLE
FINANCIAL
&
Monday, February 7, 1949
DEPARTMENT
CITY
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
County
Brook,
Ala.
Bond Sale—The $160,000 public
improvement bonds offered Jan.
31—v.
169, p. 247—were awarded
Sterne,
Agee
&
Leach,
of
to
Birmingham,
as 2s, at a price of
basis of about 1.947%.
Dated May 1, 1948 and due $16,000
on
May 1 from 1949 to 1958 in¬
100.25,
a
clusive.
for
Second high bid of 99.11
l%s
made
was
berland
ville.
Offering
of
visors,
until
will
11
W.
—
Board
receive
E.
Clark,
Super¬
of
sealed
(MST)
a.m.
the
to
the
bids
Feb.
on
23
purchase of $680,000 not
4% interest improve¬
exceed
ment coupon
bonds, divided
as
fol¬
lows:
$340,000 Douglas Sch. Dist. No. 27
bonds. Due
July 1,
follows:
as
$20,000 in 1950 to 1956, and
$25,000 in 1957 to 1964.
340,000 Douglas High Sch. Dist.
and
$25,000 in
to
1957
1964.
Dated Jan.
tion
1, 1949. Denomina¬
All bids must state
$1,000.
the rate of interest to be
bid
no
for
bonds at
the
paid and
purchase
ered at the
fice.
successful bidder will be
re¬
quired
tol pay the legal fees of
Gust, Rosenfeld, Divelbess, Robinette & Linton, of Phoenix, whose
final approving opinion will ac¬
company
the
bonds.
Enclose
a
cashier's check for 5%
of the total amount of bid
issue,
payable
to
the
certified
a
on
the
Culver City,
receive
5%
Housing Authority, Ariz.
issue of $210,temporary loan, 7th series
awarded
until
8
interest recreational facilities
March
1, 1950 to 1975.
Principal
(M-S) payable at the
City Treasurer's office.
Rate of
and interest
interest to be
1%.
Not
in
a
more
Feb.
on
1
to
multiple of %
than
two rates
may be bid.
The approving opin¬
ion of O'Melveny & Myers, of Los
Angeles,
will
furnished the
a certified
be
the purchaser.
Enclose
cashier's check
or
for
3%
of the
bonds bid for, payable to the
until
10
a.m.
Feb.
on
15 for
the purchase of $245,000 not to ex¬
ceed 5% interest school building
Dated
March
1949. De¬
March
1, as follows: $10,000 from 1951 to
1955 inclusive, and $15,000 from
1956
1,
Due
on
Dated
Feb.
23,
1949 and due Sept. 2, 1949.
the
Chairman
the
of
Board
of
County Supervisors, is required.
John C. Fremont
tal,
issue
Feb.
of
1—
1948
169,
v.
awarded
to the
National
Trust
ment bonds
W.
R.
has
been
sold
to
p.
541
&
were
—
of America
Bank
on
to
Savings
Asso¬
as
fol¬
Dec. 15 in 1951
on
Dec. 15 from
incl.
1960
bidder
The second
William R.
$90,000
2s,
County
for
and
Sch.
Bond
Hospital
bonds has been sold to the W. R.
of
the
previously
as
noted
net
a
in
169, p.
price of
interest cost of 1.57%,
sold
were
—
100.08.
for
Due
on
Dec. 15 in 1949
and 1950.
iy2s.
Due
Dec.
on
of
$4.00.
Dated Feb. 23, 1949, and
Sept. 16, 1949.
on
Feb.
on
8
for
the
Bond Offering—E. Dusenberry,
County Clerk, will receive sealed
bids
until
10:30
(PST)
a.m.
000
not
to
building
exceed
bonds.
interest
5%
Dated
April
Denomination $1,000.
Due
April 1, as follows: $13,000 in 1950
to 1958, and $15,000 in 1959. Prin¬
cipal and interest (A-O) payable
the
County
office.
Treasurer's
Enclose
a
certified check for $1,000, payable to the Board of Su¬
pervisors.
9
for
the
purchase
of
65,000 not to exceed 31/2% interest
at
the
fied
the
county hospital bonds.
office
check
Board
Fresno
CALIFORNIA
Central Sch.
a.m.
(PST)
purchase of
bonds
169,
Feb.
Home Bank & Trust Co. of
1.40s,
as
at
price
a
of
basis of about 1.376%.
15, 1949, and due
to
Dist.
San
Benardino
Calif.
Bond
Offering
— Harry
L. Alli¬
Clerk, will receive
County
son,
sealed bids until 11
a.m.
(PST)
on
Feb. 21 for the purchase of $95,000
not to exceed 5% interest build¬
ing
bonds.
Dated
Denomination
1,
as
follows:
$10,000 in
March
$1,000.
$5,000 in
1951
and interest
Due
1, 1949.
March
1950, and
to 1959. Principal
(M-S) payable at the
the
for
of
Treasurer
Enclose
a
Grove
$1,000, payable to
Supervisors
of
Sch.
Due
on
Feb.
1
2s.
Due
on
1953 to 1958 inch
sealed
Secretary,
bids
Feb.
on
M-3
1
Dated
21,
until
10
Wil¬
for
will
11
the
temporary
receive
a.m.
(EST)
purchase of
loan,
series
Feb. 21, 1949.
Due Feb.
The
validity
of
the
1950.
notes and of the guaranty
approved
by
Caldwell,
will be
Marshall,
Trimble & Mitchell, of New York
City and
will
a copy of such opinion
be furnished by the Author¬
ity to the successful nurchaser
or
purchasers without charge.
from
from
&
notes.
Bond
Feb.
Stoddard
was
Housing Authority, Conn.
Offering—Edward W. Gil-
ligan,
1950 to 1952 incl.
210,000
Second
Hartford
Note
Norwich, Conn.
$200,000
Sale—The
bonds of 1947 offered
v.
169,
p.
541—were
on
has
bonds
'
v
.
>
been
' 4.
'
'
.
Chicago Housing Authority, Illinois
Note Sale—The $6,342,000 tem¬
porary loan notes offered Feb. :1
awarded
were
Salomon
to
& Hutzler of New York
$2,000,000
series
129th
1.03%
interest,
mium
of
as
Bros.
follows:
notes,
plus
a
4t
pre¬
$26.00:
v
1.03%
129th series notes, at
interest, plus a pre¬
mium
of
Housing Authority, Fla.
$445,000 tempo¬
loan, 10th series notes offered
2,000,000
1,
rary
129th series notes, at
interest, plue a pre¬
mium of $13.00.
'
1,137,000 129th series notes, at
1.03%
interest, plus a pre¬
mium of $15.00.
?
205,000
130th
series notes, at
1.03%
interest, plus a pre¬
Feb.
Trust
Co.
of
Jersey City,
interest, plus a premium
of $9.00.
Dated Feb. 23, 1949, and
GEORGIA
Fulton
County, County Sch.
(P. O. Atlanta), Ga.
Dist.
mium
The
notes
retary of the Board of Education,
receive
sealed
bids
until
1,
1949.
of $2.46.
$12,000,000 temporary loan
offered
also
Jersey City
$2,000,000
2,000,000
$400,000 in 1968 and 1969, $420,000
1971, $430,000 in 1972,
and
$65,000 in 1973.
Principal
and interest
2,000,000
or
be agreed
'
$23.00.
series notes, at
interest, plus a pre¬
130th
1.00%
mium of $38.00.
1.01%
130th series notes, at
interest, plus a pre¬
mium
of
2,000.000
New York
upon
:
130th series notes, at
interest, plus a pre¬
mium of
Bank, New York
Delivery of the bonds will
Atlanta,
,
130th series notes, at
interest, plus a" pre¬
0.99%
National
may
follows:
mium of $23.00."
(M-S) payable at the
Trust Co. of Georgia, Atlanta, or
at the option of the holder, at the
as
as
series notes, at
interest, plus a pre¬
2,000,000
0.98 %
in 1970 and
City,
were
129th
1.03%
Due March 1, as follows:
$200,000 in 1950, $110,000 in 1951
to *1964, $375,000 in 1965-to 1967,
be made in
1
mium of $38.00.
Denomination
$1,000.
Chase
Feb.
awarded to Bessemer Trust Co. of
10
a.m.
(EST) on Feb. 15 for the
purchase of $5,000,000 2y>% school
coupon or registered bonds. Dated
March
L03%
,
Sept. 2, 1949.
on
$26.00.
1,000,000
awarded to the Bes¬
were
semer
be¬
$38.00.
130th series notes, at
interest, plus a pre¬
2,000,000
tween the Board of Education and
1.02%
the
mium of $38.00.
purchaser
within
approxi¬
mately 35 days from date of sale.
All the notes
will be validated by
Superior
Court
of Fulton
County and the legality of the
bonds will be approved by Spald¬
ing, Sibley, Troutman & Kelley,
of Atlanta, whose unqualified ap¬
proving opinion and the executed
The
bonds
19*9,
the
will
bonds
the
to
cost
furnished
be
purchaser.
bonds authorized
the
at the
dated Feb. 23,
are
due
are
Cook
011
Sept.
County
16,
(P. O.
Chicago), III.
Warrants Publicly
John
and
are
elec¬
W.
-
Offered
group composed of Stifel,
& Co., Inc., A. C. Allyn &
without
These
and
1949.
Clarke,
Nicolaus
Co., Inc.
Inc., all of
Chicago, has just made public of¬
fering of $11,900,000 various pur¬
poses
tax anticipation warrants,
1949
tax
levy, bearing interest
Education.
rates
of
Cook
and
held
Jan.
on
or
18.
cashier's
Enclose
check
a
for
Richmond County
(P. O.
'Augusta), Ga.
-
Bond Sale—The
a
Dated Jan.
inclusive.
Day,
$3,314,000
Unified
Co., R. H. Moulton & Co., and the
Security-First National Bank of
Los Angeles, all of Los Angeles,
jointly, at1 a price of 100.07, a
basis of about 2.17%, as follows:
5s.
1969,
by
,
_
Note Sale—The
Darien,
100.23,
Jan. 15 from
on
addition
-
2—v.
liams.
of
certi¬
Dist.,
Monterey County, Calif.
Bond Sale—The $398,000 build¬
ing bonds offered Feb. 1—v. 169,
p. 541—were awarded to Blyth &
$33,000
made
•
Pensacola
421—were awarded to the
offered
pur¬
sold.
FLORIDA
due
the
$100,000, payable to the Board of
series A
sewer
p.
school
the
certified
County.
Pacific
County (P. O. San Bernardino),
of
County.
of
and
tion
high bid of 100.0411 for V/2S
Feb.
1,
Darien, Conn.
$100,000 not to exceed 5% interest
building bonds.
Dated Aug. 1,
Denomination $1,000. Due
Van Buren County (P. O. Clinton), 1948.
$10,000 Aug. 1, 1964 to 1973. Prin¬
Arkansas
Bond
Offering — The V County cipal and interest (F-A) payable
til
on
Feb. 15 for the purchase of $132,-
Stephens Investment Co., of Little
Fresno
16, 1949. Due Feb. 16,
validity of the notes
guaranty will be ap¬
proved by Robinson, Robinson &
Cole, of Hartford, and a copy of
such opinion will be furnished by
the Authority
to the successful
purchaser or purchasers without
charge.
The
City.
Fresno), Calif.
Rock.
un¬
15
from 1951 to 1963 inclusive.
Counties
sealed bids until 10:30
11
Feb.
1950.
for
23
ILLINOIS
the
Dated
Feb.
County Community Consol.
School District No. 33 (P. O.Poplas Grove), III.
Bonds Sold—An issue of $80,000
a.m.
(EST) on Feb.
purchase of $540,600
temporary loan, series M-l notes.
for
will
Bond Sale—The $75,000
Offering—E. Dusenberry,
County Clerk, will receive
Fresno
bids until
9
until
Boone
Bond Offering—Paul West, Sec¬
$24,000 5s.
156,000
bids
v.
a
follows:
as
Joint Union High
Dist., Fresno, Kings
Tulare
Authority, Conn.
Note
Offering—Earl D. Gunn,
Secretary,
will
receive
sealed
by Kaiser & Co., of San Francisco,
421
County (P. O. ,.'4
Blackfoot), Idaho
Bond Offering—V. F. Wootton,
Clerk
of
the
Board
of
County
Commissioners, will receive sealed
Housing
at 1.01%
Rafael, Calif;,
1950
Clerk will receive sealed bids
of
amount
payable to the
Chairman Board of Supervisors.
for,
Kingsburg
Calif.
issue of $200,-
3%
bid
bonds
cashier's
or
CONNECTICUT
and
Memorial
check
certified
a
~\
(P. O. Fresno),
000
Enclose
at
was
Staats
Co., for
$60,000 2y2s.
Randolph County (P. O.
Pocahontas), Ark.
Sold—An
(M-S)
payable at the
County
Treasury. Payment for and deliv¬
ery of bonds will be made in the
office of the Board of Supervisors.
the
Stephens Investment Co.,
Rock, at a price of par,
Bonds
multiple of 14
and
interest
Temperance-Kutner Union School
District, Fresno County (P. O.
$150,000 hospi¬
bonds offered
Dated Dec. 15, 1948.
basis of about 3.05%.
a
a
Principal
,
1952.
highest
Little
of
1%.
1949.
$30,000 2s. Due
1953
County (P. O.
Wynne), Ark.
K Bonds Sold—An issue of $20,000
hospital construction and equip¬
of
due
Hospital Dist.
Mariposa County (P. O.
Mariposa), Calif.
and
Cross
interest to be in
1968 inclusive. Bidder to
South San Francisco Housing
single rate of interest, ex¬
Authority, Calif.
pressed in a multiple of lk of 1%.
Note Sale—The $171,000 tempo¬
Principal and semi-annual interest
rary loan, eighth series notes of¬
payable at the County Treasurer's fered Feb.
1, were awarded to the
office. A certified check for 3%
Bessemer Trust Co. of Jersey City,
of the bonds, payable to order of
at 1.03% interest, plus a premium
120,000 2V4S. Due
ARKANSAS
1, 1949.
Denomina¬
tion $1,000.
Due March 1, as fol¬
lows: $8,000 in 1951 to 1954, and
$7,000 in 1955 to 1970.
Rate of
a
lows:
$7.00.
interest school bonds.
5%
Dated March
to
name
ciation, of San Francisco,
of
exceed
Bond Sale Details—The $180,000
recreation center bonds purchased
Bond Offering — W. G. Sharp,
County Clerk, will receive sealed
City, at 1.02% interest, plus
mimum
(PST) on Feb. 8
for the purchase of $144,000 not to
City.
District,
Los Angeles County (P. O.
Los Angeles), Calif.
bids
W. G. Sharp,
—
a.m.
Whittier School
the Bessemer Trust Co., of Jersey
a pre-
bids until 10
San
East
each
Sold—An
was
bids
sealed
Sheltcn
County (P. O. Los Angeles),
Offering
IDAHO
Bingham
chase of $275,000 hospital bonds.
Dist., Los Angeles
County Clerk, will receive sealed
City Clerk
Dated March 1, 1949.
De¬
nomination $1,000.
Due $25,000
of
New York.
Paramount Sch.
Calif.
Calif.
Equitable
Securities
Corp.,
York, as V/zSj at a price of
100.818, a basis of about, 1.409%.
New
cash¬
or
bonds.
County
Glendale
000
pur¬
deliv¬
the
Dated Dec. 15, 1948. The second
Dated Nov 1, 1948 and due on Nov.
highest bidder was the First Na¬
1 from 1949 to 1968 inclusive. Sec¬
tional Bank,
Pacific Grove, for
ond high bid of 100.395 for iy>s
$368,000 2V4S, and $30,000 2s, at a
was
made by Coffin &
Burr, of
price of 100.01.
Bond
Bond Offering—The
Bond Sale—The
notes
the
be
Feb. 1 from
on
1969 to 1974 inch
County Treasurer.
Treasurer.
Notes
to
will
155,000 2y4s. Due
ap¬
County Treasurer's of¬
Enclose
nomination $1,000.
delivery, will be considered
Delivery of the bonds will be made
at the County Treasurer's office.
or
The
the
ier's check for 4% of the par value
of the bonds bid for, payable to
bonds.
their
certified
cost
bonds
the
value thereof, with all the accrued
interest thereon at the date of
The
The
par
of
price less than the
a
without
chaser.
No. 27 bonds. Due July 1, as
follows:
$20,000 in 1950 to
1956,
office.
with
(PST) on Feb. 14 for the
purchase of $650,000 not to exceed
County School Districts
(P. O. Bisbee), Ariz.
Bond
sold
p.m.
Cochise
for
nished
will
ARIZONA
Clerk
be
proving opinion of O'Melveny &
Myers, Los Angeles, to be fur¬
by the Cum¬
Corp., Nash¬
Securities
Treasurer's
will
bonds
Mountain
sewer
Feb. 2—
awarded to
No.
1—
Dickson
421—were awarded to a
syndicate composed of the Bankers Trust Co.; Kidder, Peabodv &
2% and 2 V4 %.
-j
Will Counties Sch. Dist.
194
Bonds
$4,000,000 2%%
1 % %,
(P. O. Steger), III,
Publicly
Offered—R.
S.
publicly
school
v.
offered'' Feb.
bonds
169,
p.
Co.; Smith, Barney & Co., Inc.;
Equitable Securities Corp.; White,
Weld & Co.; Reynolds & Co., and
Hannahs, Ballin & Lee, all of
New
York, at
basis
of
a
about
price of 107.01, a
2.29%.
Dated Jan.
Due on Jan. 1, from 1950
to 1974, incl.
The second highest
bidder
was
the
National
City
1, 1949.
Bank
Harris
of New
Trust
York; Blyth & Co.;
&
Savings
Bank
of
Chicago; Trust Co. of Georgia,
Atlanta; Robinson-Humphrey Co.;
Clement A. Evans & Co.; Citizens
and
Southern National Bank,
At¬
&
Co.; Courts & Co.; Brooke, Tindall
& Co.; Wyatt, Neal & Waggoner;
J. H. Hilsman
& Co.; Norris &
Hirshberg; Milhous, Martin & Co.;
Varnedoe, Chisholm & Co., and
lanta;
Johnson,
Lane,
Space,
■
&
is
offering $150,000 bonds,
divided as follows:
Co.,
of
Charlotte,
$105,000 3% building bonds. Due
Dec. 1, 1968; optional Dec. 1
as
follows: $5,000 from 1950
to 1961 incl., and $15,000 from
1962 to 1964 incl.
J
45,000 2%% building bonds. Due
Dec. 1, 1968; optional, Dec. 1
as follows:
$15,000 from 1965
to
1967 incl.
r
1949. Denom. $1,4
000. Principal and interest (J-D)
payable at the Harris Trust &
Savings Bank, Chicago. Legality
approved by Chapman & Cutler,
of Chicago.
Dated Jan. 1,
DuPage County School Dist. No. 46
(P. O. Elmhurst), III.
Bond Sale—The $1,292,000 build¬
ing bonds offered Jan. 31—v. 169,
p. 248—were awarded to a syndi¬
cate composed of Halsey, Stuart
Stockton Broome & Co., jointly, at & Co. Inc., Northern Trust Co.,
a price of 106.72.
both of Chicago; The Milwaukee
Volume
169
Number 4775
THE
Go., Milwaukee; Bacon, Whipple
& Co., Martin, Burps &
Corbett,
Inc., and McMaster Hutchinson
Co.,
at
a
interest
of
pnce
of
cost
March
&
100.001, a net
2.409%, as
about
follows:
«
■
.
..
$660,000 21%s. Due
to
bonds
City
■
1, 1949. Second high'bid of 100.18
all of the bonds; as 2
V2 s, re¬
flecting a net interest cost basis
of about
2.483%, was made by a
1956,
date
deemed
after
if
group
pomposed; of the Harris
Trust & Savings Bank, William
on
be
on
or
redeemed
1965; 1%' if redeemed
Co., and Ketchum & Non-
1965
thereafter
or
Jan.
on
prior
1,* 1949. Denomina¬
$1,000.
Due $2,000 July 1,
1950, and Jan. and July 1, 1951 to
1966.: Bidders will be required to
the
name
1,
July 1,
to
interest
District
Glenn
No.
89
demption;
(P. O.
publication
Ellyn), III.
30
on
in
a
ation.
newspaper < or
sbld to M. B. Vick & Co., Chicago.
15, 1949. Denom. $1,Due
$2,000
Sept.
Aug.
on
15 .and
or
financial
journal published in the City of
Chicago, and the mailing of such
notice to the holders of
registered
Dated Jan.
000.
newspaper
1, Aug.
bonds.
Principal and interest (J-J)
Principal and interest payable at payable at the Citizens State Bank,
the Township Treasurer's office. Columbia City. Registerable as to
Legality approved by Dale, principal. Bidders shall name the
Lytton, Haffner & Grow, of Chi¬ rate of interest which the bonds
Nov.
15,
1949.
are
cago.
r
to
the. First Securities
Co., and
Scott & Wyandt, both of
Chicago,
premium
interest, plus
$226.30.
Dated
a
The second highest bid¬
& Trust Co.,
able to the
the
to
the
Bessemer Trust Co. of Jersey City,
at 1.03%
interest, plus a premium
Feb.
23,
Offering
Charles
—
on
On
building
30, 1949.
Denom. $1,000. Due
$32,000 June
30 and Dec. 30, 1950 to June
30,
1949,
Sept. 16, 1949.
314%
15,
1953;
if
6%
15,
15,
1958;
after
June. 15,
before June
or
redeemed
4%
1958,
1963;
15,
after
of
to
interest
bear.
terest rate must be in
in¬
multiple of
a
than
more
be
bonds
will
be
highest qualified
accordance
with
the
notice
of
at
1.01% interest, plus a premium
Dated Feb. 23, 1949, and
due on Sept. 2, 1949.
by each bidder. Interest J-D. The
of $9.00.
approving opinion of Ross, Mc¬
Cord, Ice & Miller, of Indianapolis,
(stand
County Housing
Authority, Illinois
Note Sale—The $352,000 tempo¬
rary loan 10th series notes of¬
fered Feb. 1
were
awarded to the
will be furnished to the successful
bidder
at
the
expense
of
the
[ Wood River Township (P. O.
Wood River), III.
.Bond Sale—The $350 000 hospi¬
■
tal bonds offered Jan
p.
542—were
Rinley
man
Bosworth
31—v.
awarded
School
169,
Offering — Catherine E.
Wildman, City Clerk-Treasurer,
which the bonds are to bear. Such
interest rate must be in a
multiple
of 14 of 1% and not more than
INDIANA
!
Bond
works
Feb.
one
Advance, Ind.
?
Sale—The
bonds
revenue
2
to
Chicago,
169,
v.
-T-
awarded
$65,000
4V4S.
as
1949 and due
on
water
offered
542
p.
Ballman
&
—
on
were
Main, of
Dated
Feb.
interest rate
shall
furnished to the successful bidder
at the expense' of the
City. No
conditional
bids
will
be
con¬
1
Feb. 1 from 1953
to 1989 incl.
sidered.
*v.
Anderson, Ind.
Warrant
Sale
.
The
$150,000
temproary loan warrants offered
Jan.
28
—
awarded
169,
v.
to
—
the
p.
422
Citizens
—
were
Banking
Co., of Anderson, at 1 Vs % interest,
plus a premium of $15.00. Dated
Jan. 28, 1949. Due Dec. 31, 1949.
The
second
highest
bidder
was
Raffensperger, Hughes & Co., at
114% interest, plus a premium of
$16.60.
Columbia
Bond
man,
(CST)
Clerk-Treasurer,
sealed
bids
until
Enclose
cashier's
check for
to the
2
Dill-
will
p.m.
Feb. 17 for the purchase
of $288,000 electric
utility revenue
of
1949
coupon
bonds.
Dated
on
certified
a
or
$500, payable
City.
Perry Twp. Sch. Twp. (P. O.
Evansville), Ind.
Bond Sale—The $84,000 build¬
ing improvement bonds offered
Jan.
28—v.
169,
101.10,
a
basis
p.
of
for
about
Bond
Cons.
Sch.
Offering
on
or
cashier's
Fort
Bond
bonds
Corp., Ind.
Paul Branson,
of the Board of School
31—
422—were awarded to
the
Fort
Dodge National Bank,
and State Bank, of Fort Dodge,
jointly, as 1V2S, at a price of 100.64,
a
basis of about 1.303%.
Dated
169,
p.
sealed bids
until 4 p.m. (CST) on March 3 for
the purchase of
ex¬
building bonds.
on
—
Lionel G. Ott,
Finance,
noon
Feb. 15 for the purchase
bonds contract No.
mature
■
■i/'//"
■
Hagerty,
Chairman, will receive sealed bids
at the office
of the State Housing
Board, 18 Tremont Street, Boston,
until 1 p.m. (EST) on Feb. 1 for
the purchase of $950,000 tempor¬
loan,
ary
Dated
1950.
second
Feb.
Said
series
notes.
11, 1949. Due Feb. 10,
notes
will
bear
inter¬
est at the rate per annum fixed in
the proposal accepted for the pur¬
chase of said notes, will be issued
in such denominations as the pur¬
chaser
designates in his proposal,
principal and interest
both
and
will be payable at the Second Na¬
tional
Bank
of
Boston.
The
Au-
on
Jan.
the
the
payment of
principal of and interest on said
notes by the Commonwealth.
Salem), Mass.
Jan.
in each
1,
169,
1,
1.
above
date
National
542—were awarded to
National
Bank
All
the
of
Bank
to
the
Bos¬
of
discount.
notes
1949, and due
the
awarded
were
Shawmut
ton, at 0.70%
1998,
of
p.
Gloucester
Gloucester, at 0.69% discount.
.4 The $75,000 industrial farm loan,
chapter
126,
notes
offered * 011
dated
are
on
Feb.
1,
Feb. 1, 1950.
Gloucester, Mass.
from 1953 through 1989, in¬
Public Finance
Note Sale—The issue of
$800,000
notes offered Feb. 2—v.
awarded
—was
National
0.743 %
Bank
169, p. 543
Cape Ann
Gloucester, at
to the
of
discount.
Dated
Feb.
2,
1949, and due $600,000 on Nov. 9,
1949, and $200,000 on Jan. 16, 1950.
Second high bid of 0.753% was
made
by the Merchants National
Bank of Boston.
or
Gloucester Housing Authority,
at the office of
Mass.
King & Dawson, of New
Note Offering — Paul A. PolisYork City. Each bid must be ac¬
companied by a certified or bank son, Chairman, will receive sealed
cashier's check for $450,000, pay¬ bids at the office of the State
Housing Board, 18 Tremont Street,
able to the City.
bidder was the Central
Republic Co of Chicago, for 114s,
at a price of 100.635.
,
Muscatine, Iowa
*
Mass.
Note Offering—John J.
Wood,
highest
Bond. Sale Details—The $1,000,000 electric revenue bonds pur¬
,
the office of the Commissioner of
Feb. L. 1949. Due on Feb. 1, from
1950
to
1954, incl.
The second
Boston, until 1
St. Bernard Parish Sch. Dist. No. 1
(P. O. Chalmette), La.
chased by the Carleton D. Beh Co.,
p.m.
(EST)
8 for the purchase of
on
Feb.
$70,000 tem¬
porary loan notes. Dated Feb. 15,
1949. Due Aug. 15, 1949. Said notes
will bear interest at the rate per
Bond Offering Details — T h e
$200,000 not to exceed 4% interest
school bonds being offered on Feb. annum fixed in the proposal ac¬
as follows:
10, as previously noted in v. 169, cepted for the purchase of said
$500,<000 214s. Due on June 1 from
p. 422, are due on Feb. 1, as fol¬ notes, will be issued in such de¬
1950 to 1954 inclusive.
lows: $7,000 in 1950; $8,000 from nominations as the purchaser des¬
500,000 2V2s. Due on June 1 from 1951 to 1954
inclusive; $9,000 from ignates and his proposal, and both
1955 to 1959 inclusive.
1955
to
1958
inclusive; $10,000 principal and interest will be pay¬
Dated Dec. 1, 1948. Denomina¬ from 1959 to 1961
inclusive; $11,- able at the Second National Bank
tion $1,000.
Bonds, maturing in 000 from 1962 to 1964 inclusive; of Boston. The notes will be de¬
1955 to 1959, shall be redeemable
$12,000 from 1965 to 1967 inclu¬ livered to the purchaser at said
by the City prior to maturity in sive, and $13,000 in 1968 and 1969. bank against payment in Boston
inverse numercial order 011 June
Split interest rates may be bid, funds. Arrangement will be made
1,1954, of on any interest payment but bidder will be required to for payment at maturity in New
of Des Moines, as
in
v.
169,
p.
previously noted
542, were sold sold
date thereafter.
show average interest. The bonds
will be delivered about March 10,
KANSAS
1949.
Kearny County (P. O.
Lakin ),
000
county
Shreveport Housing Authority, La.
Kan.
Bonds Sold—An issue of
Milburn
at
Secertary
Trustees, will receive
$66,000 not to
Jan.
cur¬
revenue
Cambridge Housing Authority,
the
clusive, in such amounts that the
sum
of
interest
and
maturing
principal payable each year from
Jan. 1, 1953, through Jan. 1, 1989,
shall be as nearly equal as pract i c a b 1 e.
Specifications, official
statement setting forth informa¬
tion concerning the bonds, and
proposal form may be obtained at
$100,000 water
offered
$300,000
anticipation
notes. Dated Feb. 9 ,1949 and due
Nov. 4, 1949.
../;:'/
—v.
and the remainder will mature se¬
Dodge, la.
Sale—The
Feb. 9 for the pur¬
on
Sale—The $1,100,000 tem¬
porary loan notes offered Feb. 1
Orleans, La.
Offering
will
Bonds
rially
hospital
a
Co.,
price of
of
Wichita,
as
2%s,
par.
KENTUCKY
Richmond, Ky.
Bond Offering—W. V. Jackson,
City Clerk, will receive sealed
.
Note
$100,-
construction
bonds has been sold to the Small-
—
ceed 4V^% interest
(CST)
year<?
1.57%.
July 1,
certified
of $100,000 union passenger termi¬
$2,000, payable to the
-
Dated Jan. 15, 1949. Due
from 1950 to 1960, incl.
certified
a
until 1 a.m.
Note
Commissioner of' Public
IOWA
422—were
awarded to John Nuveen &
Co., of
Chicago, as l3As, at a price of
Rockville
Offering—Franklin
City
receive
City, Ind.
be named
by each bidder. Interest J-J. The
opinion of Ross, McCord, Ice &
Miller, of Indianapolis, approving
the legality of the bonds will be
a
will receive sealed bids until
Town.
v.
Bond
hard, Cook & Co., of St. Louis,
jointly, as 2V4S, at a price of will receive sealed bids until 2
100.06, a basis of about 2.24%. p.m. (CST) on Feb. 11 for the
Dated Feb. 1, 1949. Due on Jan. 1, purchase of
$30,000 not to exceed
from 1951 to 1968, incl. The sec¬ 3 %
interest
garbage reduction
ond
highest bidder was G. H. plant of 1949 bonds. Dated Jan. 1,
Walker &
Co.; Paine, Webber, 1949. Denom. $750. Due $750 July
Jackson & Curtis; F. S. Moseley & 1, 1950 and
Jan. and July 1, 1951
Co., and Hornblower & Weeks, to Jan. 1, 1970. Bidders are re¬
jointly, for 2 v2s, at a price of quired to name the rate of interest
'
check
revenue
Madison, Ind.
102.27.
Bond
certified
a
Enclose
LOUISIANA
nal revenue
Enclose
cashier's check for $5,000, pay¬
able to the School
City.
& Co., Inc.; Braun,
Co., Inc., and New-
&
Enclose
for
$8,000.
New
Town.
or
Harri-
to
City.
called
The
Bessemer Trust Co. of Jersey
City,
Rock
Beverly, Mass.
Offering—John C. Lovett,
Treasurer, will receive bids
Essex: County (P. O.
for
•
sale.
of
Note
guarantee of
check
bidder who has submitted his bid
in
rate if
coupon
both
MASSACHUSETTS
conditioned/
by
approving opinion of
1954. Bidders will be required .to Ross, McCord, Ice & Miller of In¬
name
the rate of interest which dianapolis, together with a trans¬
the bonds are to bear. The interest cript of the proceedings had re¬
lating to the
issuance of the
rate must be bid in a
multiple
furnished to the
of 1/4 of 1%, and not more than bonds, will be
purchaser at the expense of the
one interest rate
shall be named
■
the
Eastern
Co.,
City will furnish the approving
opinion of Chapman & Cutler, of
Chicago, and all bids may be so
one
named
the
was.
Mer¬
thortiy will furnish an opinion by
Thorndike,
Palmer
&
ing the same interest rate and Storey,
such rate or rates specified must •Dodge, of Boston, approving the
be a multiple of *4 of 1%.
The validity of the notes and of the
which
Such
re¬
thereafter and prior
maturity. Each bid should spe¬
cify not more than two rates of
interest for the bonds, with all
bonds of the same maturity bear¬
Registerable as to principal
only. Bidders will be required to
are
for
to
fice.
rate
to July
principal
redemption
at the Town Clerk-Treasurer's of¬
the
the
if
$175,-
the
Bangor, jointly, at 1.15% discount.
The notes mature on Dec. 31, 1949.
an
terms of par and accrued interest
at
June
15,
1963, and prior'to maturity. Prin¬
cipal and interest (J-D) payable
bonds
prior
called
thereof
of
notes
to
and
year
demption thereafter and oh or
prior to July 1, 1963; 1% of the
principal amount thereof if called
for redemption thereafter and on
or prior to
July 1, 1968; and upon
1953, and
June
Co.,
Banking
rent
amount
re¬
June
&
25
at discount of
redemption on or
1,
1958;
2%
of
or
after
Jan.
on
Trust
Trust
issue
anticipation
awarded
rill
Town, Me.
Sale—An
tax
chase
a
equal to 3% of the prin¬
cipal amount thereof if called for
plus the following
on
Old
City
amount
numerical
if redeemed
Note
000
after
redeemed additional interest in
interest pay¬
any
MAINE
V
and
maturity
single maturity
to be selected
by lot) on any in¬
terest payment date on or after
July 1, 1953, with a stipulation
that
the City will pay to the
holder of any of such bonds thus
coupon
before
or
and
of
:
out¬
time
to
:
.
Sept. 16, 1949.
issue
be
may
time
(less than all of
15, 1948.
inverse
par
June
deemed
the
not to exceed 2% interest
of 1949 bonds. Dated Jan.
exceed
Dec.
in
lication, at
before
from
on
authorized
an
which
;
the inverse order of their
30 days' notice by pub¬
on
name
W.
to
Champion, Secretary of the Board
14 of 1% and not
of School
Trustees, will receive,
interest rate shall
sealed bids until 7 p.m.
(CST) on each bidder. The
Feb. 7 for the purchase
of.$288,000 awarded, to the
/Note Sale—The $575,000 tempo¬
rary loan, ninth series notes of¬
fered Feb. T, were awarded to the
Dated
City.
%Goshen School City, Ind.
Bond
•
on
date
on
Illinois
$12.00.
ment
of
premium
a
July 1, 1954,
to be optional for
redemption
by the City prior to maturity in
Redeemable at the option
if
Madison County Housing-Authority,
and due
in 1978.
of the Town
order,
part
$425,000,
standing
De¬
nomination $1,000. Due June 15,
as follows:*
$1,000 in 1950 to 1963,
$2,000 in 1964 to 1977, and $3,000
2%
of
pay¬
a
of
mature
revenue
Dated
and
issuance
purchaser at 'the expense of the
City.
Enclose
a
certified
or
cashier's check for
$10,000,
premium of $44.38.
of
bonds.
if redeemed
bonds, will be furnished
Feb.
Eyanston, at; 1%% interest, plus
not
works
relating
State Bank
was
$45,000
transcript of the proceedings had
,
ID, 1949.
der
1%%
of
multiple of
McCord, Ice & Miller,
Indianapolis, together with a
the
are
Feb. 23 for the purchase
on
premiums: 8%
to
certified
a
receive sealed bids until 7:30 p.m.
of
anticipation warrants offered Jan.
169, p. 542—were awarded
3-1—v.
1971, $24,000 in 1972 and 1973,
and $25,000 in 1974.
These bonds
plus1
$3.00.
51
Dated Feb. 23, 1949, and due on
and
in
Ind.
Uniondale,
more than one
interest rate shall be named
by
each bidder. The
approving opin¬
ion of Ross,
Evanston, III.
jointly, at
a
Jfe of .1% and not
Warrant Sale—The $730,000 tax
(
to bear stated in
Corpor¬
Offering—Loye M. BayClerk-Treasurer, will
water
a
Enclose
1959
1960, $16,000 in 1961
and
1962, $17,000 in
1963
and
1964, $18,000 in 1965, $20,000 in
1966, $21,000 in 1967 and 1968,
$22,000 in 1969 and 1970, $23,000
Town
of
in
in
by
The ap¬
are
Bond
less,
tion
been
named
or; bank
draft for $1,000,
payable to the Corporation.
City of Indianapolis, and publica¬
has
be
No conditional bids will be
considered.
tion
1949
shall
one
check
(CST)
16,
rate
than
der at the expense of the
financial journal published in the
of
multiple of
more
be furnished to the successful bid¬
Warrants Sold—An issue of $8,000 4% educational' tax anticipa¬
warrants
be in a'
terest,
July 1, as follows: $9,000 in 1951
to 1954, $10,000 in 1955 and
1956,
$14,000 in 1957 and 1958, $15,000
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, will
re¬
days' 'notice by
*
which
Such inter¬
ma¬
interest to the date fixed for
Page County Community Cons.
School
interest
each bidder. Interest J-J.
accrued
case
of
to bear.
are
must
'
turity; plus in each
rate
the bonds
(647)
bids until 2 p.m. (CST) on Feb. 7
for the purchase of
$400,000 not to
exceed 4% interest sewer
revenue,,
series 1949 bonds. Dated Jan.
1,
1949.
Denomination $1,000. Due
tion
Vi of 1%, and not
1,1960; 3%
1, 1960 or
before
or
/
CHRONICLE
March
est rate
in¬
thereafter,
July
on
on
FINANCIAL
the
or. any
before Jan.
Dated
&
re¬
>.
premiums; 5% fif re¬
July 1, 1956 or therpr
thereafter
gard.
Du
shall
option / of
July 1,
following
for
Blair &
1957,
the
in their inYerse
mu^erigal,,order,
at face
value thereof,- plus the
dated Jan.
are
1,
at
payment
on
terest
1965, inclusive.
All of the
Jan.
deemable
1960, inclusive:
632,000 2V2s. Due on Jan. 1 from
1961
1, 1949. Denom. $1,000. Due
$8,000 January and July 1, 1951
10 1962,
$8,000 January and $11,000- July
1,
1963,
and . $11,000
January and July 1, 1964 to Jan.
1, 1967. Bonds maturing on and
after
Jan. 1 from
on
1952 to
.
COMMERCIAL
Sale—The $243,000 tem¬
loan notes offered Feb. 1
porary
were
awarded
Trust
Co.
lows:
the
Jersey
Bessemer
City
as
and
J
terest,
plus
a
premium
of
$3.00.
96,000
14th
interest
at
1.02%
in¬
an
on
said notes
by the
Hampden
Note
Jr.,
County (P. O.
Springfield), Mass.
Offering—Daniel M. Walsh,
County
Treasurer,
ceive sealed bids until
on
series,
desired.
Commonwealth.
fol¬
$147,000 13th series, at 1.03% inS
if
The Authority
opinion by Storey,
Thorndike, Palmer & Dodge, of
Boston, approving the validity of
the notes and of the guarantee of
the payment of the principal of
•
of
to
York
will furnish
Feb.
$500,000
9
for
the
temporary
will
re¬
noon (EST)
purchase of
loan
notes.
52
(648)
THE
Dated Feb. 9, 1949. Denominations
execution
$150,000 and $25,000.
Due Nov. 8,
anticipation of
luxes for the current year. Notes
will
1949.
or
Will be delivered
Enclose
10,
Issued
1949,
Dank of
ias
the
First
National
agreed
check
with
upon
the
certified
a
for
cashier's
$10,000, payable to the
;
will
be
Note
National
Bank
of
Bos¬
Clerk,
Lynn Housing Authority, Mass.
Note Offering — John J. Cava-
will
Chairman,
bids
at
will
the
receive
office
the
of
receive
sealed bids until 8 p.m.
(EST)
15 for the purchase of
Feb.
on
$200,-
anticipation notes.
1949.
interest tax
Dated Feb. 1,
Denominations and form of
to
note
be
the
at
purchaser.
Due
on
Feb. 8 for the purchase of $70,-
000
loan, first series
Dated Feb. 15, 1949.
Due
temporary
«otes.
£Vug. 15, 1949. Said notes will bear
tnterest
the
at
rate
per
annum
fixed in the proposal accepted for
the purchase of said notes, will be
issued in such denominations as
the
purchaser
designates in his
proposal, and both principal and
interest
will
be
payable at the
Second
The
National Bank
Authority
.opinion
of
will
Dever
option
of
the
for
2%
the
of
total
par
value of the notes, payable to the
City Treasurer.
Delton Rural Agricultural
School
an
District,
Mich.
Bond Sale—The $25,400 school
Proctor, .of
Boston, approving the validity of bonds
offered
Feb.
1
were
the notes and of the guarantee of awarded
to
McDonald-Moore &
the payment of the principal of
Co., of Detroit, as 2%s, at a price
and interest on the notes by the of
100.175, a basis of about 2.67%.
Commonwealth.
Bonds are dated July
1, 1948.
County (P. O.
Dedham), Mass.
Note
Offering
Ralph .D.
—
Pet-
tingell, County Treasurer, will
ceive .sealed
bids
until
11
re¬
a.m.
(EST) on Feb. 8 for the purchase
of $350,000 temporary loan notes.
Bated Feb. 8, 1949. Denominations
$50,000 and $25,000. Due Nov. 10,
1949.
Issued
in
anticipation of
taxes for the current year.
Pay¬
The
will
notes
be
Detroit, Mich.
ready
Bond
Sale—The
$4,000,000 se¬
delivery on or about Feb. 9, ries H non-callable
public sewer
1949, at the First National Bank of bonds offered on
Feb. 2—v. 169,
Boston, against payment in Boston
p. 543—were awarded to a syndi¬
funds. The notes will be authen¬ cate
composed
of the
Bankers
ticated as to genuineness and val¬
Trust Co., National City Bank,
idity by the above bank, under ad¬ First Boston
Corp., Paine, Webber,
vice of Ropes, Gray, Best, Cool¬
Jackson
&» CurtiS;
Roosevelt &
idge & Rugg, of/Boston. Bids by
Cross, Inc., all of New York; Illi¬
telephone will be accepted.
nois Co. of Chicago; Hayden, Mil¬
ler & Co., Cleveland; F. S. SmithWatertown Housing Authority,
ers & Co., New York, and Crouse
Mass.
Note Offering — Chester H. & Co. of Detroit, at a price of par,
for
-
Parker,
sealed
Chairman,
bids
at
will
the
receive
office
the
of
State
Housing Board, 18 Tremont
Street, Boston, until 1 p.m. (EST)
on Feb. 8 for the purchase of
$90,00 temporary loan' notes.
Dated
•Peb. 15; 1949. Due Aug. 15,-1949.
Said
the
will
notes
rate
per
interest
bear
annum
fixed in
#kroposal accepted for the purchase
of said' notes, will be issued in
such
denominations
the
as
a
net interest cost of about 2.364%
follows:
as
Due on Feb. 1 from
1954, inclusive.
409,000 3V2S. Due on Feb. 1, 1955
to 1959, inclusive.
$345,000 4s.
1950
to
262,000 3s.
Due
Feb.
on
1,
1960
and 1961.
2,984,000
21/4S.
Due
Feb. 1
from 1962 to 1978, inclusive.
All of the bonds
on
are
dated Feb.
pur¬
1, 1949. Second high bid of 100.012
for $754,000 4s, $917,000 2y2s, and
$2,329,000 21/4S, or a net cost of
payable at the Second Na¬ about
2.40%, was made by a syn¬
chaser designates in his proposal,
end both
principal and interest
will be
tional
Bank
of
will furnish
Authority
dicate composed of Bear, Stearns
opinion by Storey, & Co., Harris, Hall &
Co., A. G.
Thorndike, Palmer & Dodge, of Becker &
Co., Coffin & Burr, C. F.
Boston, approving the validity of Childs & Co., Trust Co. of
Georgia,
the notes and of the guarantee of
Atlanta;
Central
Republic
Co.,
the payment of the principal of
Chicago;
National
State
Bank,
and interest on said notes by the
Newark; Bramhall, Barbour & Co.,
Commonwealth.
W.
E.
Hutton
&
Co., Whiting,
Weeks & Stubbs, Fahey, Clark &
MICHIGAN
Battle Creek School District, Mich.
Bond Offering—Lila E. Cannon,
Secretary of the Board of Educa¬
tion, will receive sealed bids un¬
til 4:30 p.m. (EST) on Feb. 10 for
the purchase of $500,000 not to ex¬
ceed
tion
3%
interest
bonds.
general obliga¬
Dated
March
1949.
1,
Denomination
$1,000. Due March
follows:' $50,000 in 1951, and
I, as
$225,000 in 1952 and 1953. Princi¬
pal and interest (M-S) payable at
the
Security National Bank of
Battle
Creek, or at such other
Bank or trust company as shall be
designated by the_purchaser. Rate
of interest
l/\
of
tioned
to
1%.
upon
be
Bids
in
a
multiple of
shall
be
condi¬
the unqualified opin¬
Co., Mackey, Dunn & Co., Ellis &
Co., and Breed & Harrison.
Hastings,
Mich.
Note Sale—The $15,000 tax an¬
ticipation
notes offered Feb.
awarded
the
to
Hastings
interest, plus
a
premium of $20.
The second
highest bidder was the National
Bank of Hastings, at 2%% int.
were
City Bank, at 2Vfe%
Notes
are
dated
Denominations
be
to
at
chaser.
pal
Feb.
forms of note
and
the
option of the pur¬
1, 1949. Princi¬
interest payable at the
and
Bank
of
Hastings.
The
cost of such opinion and the cost
of
printing the notes shall be paid
by the purchaser.
of
Houghton
livery
thereof,
approving
the
legality of the bonds. The purchas¬
Feb. 9 for the purchase of
furnish
bonds
ready for
i
<
*
be
approving the legality of the
notes.
The cost of such opinion
and the cost of printing the notes
shall be paid by the purchaser.
Enclose
a
certified check for 10%
of the total par
value of the notes,
payable to the County Treasurer.
Note
M.
County Clerk, will receive
(EST) on
sealed bids until 4 p.m.
not
to
exceed
$20,000
interest
4%
tax
I
l
■«
>
•
I
Whitehall
Mich.
Clemens,
will
Clerk,
City
Deputy
until 7:30 p.m.
bids
Kindred
Oct.
1,
and
&
Co.,
Oct.
on
1 from
1950 to 1954 incl.
200,000 3s.
1955
The
Due
to
Oct.
on
from
1
1959 incl.
bonds
dated
Jan.
1,
maturing from
1954 to 1959 incl. are
optional as
of April 1, 1952.
1949
and
are
those
1954, $55,000 in
follows: $50,000 in 1953
1955 to 1957,
$60,000 in 1958 and 1959, $65,000
in
1960 and 1961, $70,000 in 1962
and 1963, $75,000 in 1964 and 1965,
$80,000 in 1966 and 1967, $85,000
in 1968 and 1969, $90,000 in 1970
as
and 1971,
1964; $15, on each bond called forj
redemption after Oct. 1, 1964, but j
on or prior to Oct. 1, 1967; $10, on
each bond called for redemption,
after Oct. 1, 1967, but on or prior,
to Oct. 1, 1970, $5, on each bond,
called for redemption after Oct. 1,
1970, but on or prior to Oct. 1,
1973. No premium shall be paid on
bonds called for redemption after
MINNESOTA
Frost,
Bond
the
(A-O)
Bank
National
of
payable
Detroit.
Feb. 9 for the purchase of $41,-
on
000
drainage, ,1949
Dated
bonds.
coupon
Feb.
1, 1949. Denomination
$1,000. Due Feb. 1, as follows: $5,000
in
1950
1957.
to
1956, and $6,000 in
Bidders
to
single
multiple of 14
name
rate of interest in
a
a
1/10 of 1%, No split rate bid¬
or
ding.
Principal and interest
able
at any
cessful
suitable bank
designated
company
bidder.
or
trust
the
by
The
pay¬
suc-
approving
the Union Plant¬
& Trust,, Co.,
Memphis.
The bonds are dated
Feb. 1, 1945. Denomination $1,000.
Due March 1, 1970.
Payment will
be made on the basis of the prin¬
cipal amount of said bonds at par,
March 1, 1949, by
will
be
furnished
the purchaser.
without
Enclose
cost
to
certified
a
bank cashier's check, or bank
draft, for $1,000, payable to the
County Treasurer. /
or
Minneapolis, Mivn.
Bond Sale—The
$4,438,000 bonds
offered at public auction
16*9,
—v.
on Feb. 2
249—were awarded to
p.
syndicate
a
Fenn
ster
&
composed
of
Phelps,
Co., Inc., Stone &
Securities Corp.,
Web¬
F. S. Mose-
.
as
1
(P. O. Detroit 23),
follows:
surrender.of said bonds in ne¬
on
paid
ceive
on
bids
sealed
(EST)
until
8
000 in 1950 and 1951,
to
one or
dates
on
Rate
more
and
after
of interest
to be
from
multiple of !4 of 1%. Bids shall
conditioned upon the unquali¬
fied
opinion of Berry, Stevens,
Barbier & Evely, of Detroit, ap¬
Other
•
4
v
|
- •„
Vir*■'
1
i~
—
; *
ti
of
the
account
Co., Inc., E.
Sons, Trust
Co.
&
&
Co., Illinois Co. of Chicago, G. H.
Walker & Co., R. H. Moulton &
Co.
and
bank designated
by the purchas¬
subject to approval by the City
Council.'The approving opinion of
Charles
&
Trauernicht,
of
St.
Louis, wil be furnished. Enclose
a
er
certified
a
cashier's
or
check
C.
S. Ashmun
St.
Louis
Park,
Bond Offering
&
Jackson,
for
Miss.
Sale—The
Bond
offered
Jan.
28
<
$500,000 bonds
awarded
were
to
White, Hattier & Sanford, of New
Orleans,
Paine, Webber, Jackson
Curtis, of Chicago, and the Max
T. Allen Co., of Hazlehurst, joint¬
ly, at a price of 100.002, a net in¬
terest cost of about 2.08%,. as fol¬
&
lows:
$300,000 Public Parks and Play¬
grounds bonds:
$240,000 2s,
due on April 1 from 1950 to
1957
inclusive,
and
$60,000
2V4s due on April 1 in 1958
1959.
and
i-.r
yiv
200,000 Municipal Separate School
District
due
bonds,
$160,000 2s,
1950 to
April 1
from
inclusive,
and
on
1957
214 s, due
arid 1959.
$40,000
April 1 in
on
1958
<
Oct. 1, 1948. Denomina¬
$1,000. Bonds maturing April
1, 1954 and thereafter redeemable
Dated
tion
in inverse
numerical order at par
interest
accrued
1953
or
est
thereafter
on
on
any
April 1,
interest
payable at the Deposit Guar¬
The
City and the School District,
respectively, will furnish the legal
opinion of Charles & Trauernicht,
of St. Louis, and will pay for the
printing of the bonds and the cost
of validation thereof. Delivery of
the bonds will be made to the pur¬
chaser on or before March 1, 1949,
in the City,
purchaser. ■
without
—
Minn.
Joseph Justad,
bids until 8 pm.
the
for
purchase
exceed
tem
4%
revenue
(CST)
of
as
Feb. 7
interest water
not
sys¬
to
the
1
Cabool, Mo.
Bonds
works
Sold—The
$30,000 water
have
bonds
revenue
been
sold to George K. Baum & Co.,
of
Kansas
City, as 3%s, at a price of
par.
Dated Dec. 1, 1948. Legality
approved by Charles & Trauer¬
nicht, of St. Louis.
Kansas
Mo.
City,
\i jt
$453,000 fourth
issue, series A bonds offered Jam
169, p. 543—were awarded
to the City National Bank & Trust
31—v.
Co., of Kansas City, at a price of
100.001633, a basis of about 1.52%,
as
follows:
-
"
1
•
bonds> Dated Feb. 15,
Denomination
15;
on
$125,000
cost
MISSOURI
Co.
Village Clerk, will receive sealed
to
1
$600, payable to the City.
Bond Sale—The
Feb.
l
a
1979, inclusive.
members
,Blyth
Rollins
The cost of said legal opinion and
'A
1950 to
as
H.
of
Georgia of Atlanta First National
Bank of Minneapolis, Eldredge &
were:
1949.
r
the rate of interest.
name
Principal and interest payable at
2s, and 100.747 for $2,438,000 2.10s.
proving the legality of the bonds.
-
to
ders
syndicate headed by Smith, Bar¬
ney & Co., New York, whose final
offer was 100.8305 for $2,000,000
in
be
$100,000 on
to 1969,
1950
Runner-up in the bidding was a
order,
interest pay¬
July 1,
1950, at par and accrued interest,
on notice published
not less than
30 days prior to the date fixed for
redemption, at least once in a
newspaper
or
publication circu¬
lated in Detroit, which carries as
a
part
of
its regular
service,
notices of the sale of municipal
bonds. The remaining bonds will
not be subject to redemption prior
to maturtiy. Principal and interest
(J-J) payable at the Detroit Bank,
any
due
from
2.10s, at
basis of
about 2.029%. Dated March 1,
1949, and due on March 1
subject to redemption prior to
ment
and
1
$200,000 hospital),
a
price of 100.75,
maturity at the option of the Dis¬
on
$2,000 in 1952
in 1956 and 1957and $6,000 in 1958 and 1959. Bid*
1955, $4,000
anty Bank & Trust Co., Jackson.
1949,
inclusive.
Denomination $1,000.
$27,000 July 1, 1950 to 1954.
The bonds maturing in 1954 will
numerical
2s,
2,438,000 bonds ($1,438,000 school,
$800,000
public
relief,
and
Due
inverse
Bonner Dug-
—
1,
p.m.
Feb. 7 for the purchase
$135,000 not to exceed 4% in¬
bonds. Dated
in
Offering
payment date. Principal and inter¬
March
Feb. 1, 1949.
trict
^
Greenwood, Miss.
Bond
a
price of 100.835, a basis
of about 1.907%. Dated March
terest school coupon
be
as
at
Chris H. Mag-
District Secretary, will re¬
nusson,
of
—
presentation and surrend¬
on
of said coupons.
er
and
$2,000,000 refunding bonds
Mich.
Bond Offering
Bank
National
gotiable form accompanied by all
Sept. 1, 1949, and subsequent cou¬
pons, at the above bank, or at the
Marine Midland Trust Co., New
York
City.
Coupons • maturing
March 1, 1949, and prior will be
legal opinion of Dorsey, Colman,
Barker, Scott & Barber, of Minneapolis, as well as printed bonds
ley & Co., Paine, Webber, Jack
son
& Curtis, all of New
York;
opinion
of
Miller,
Canfield, Paddock & Stone, of De¬ Schoellkopf, Hutton & Pomeroy
of
Buffalo;
First
of
Michigan
troit, approving the legality of the
bonds. The cost of such opinion Corp., Hornblower & Weeks, Dominick & Dominick, Laurence M
and the cost of printing the bonds
Marks
&
Co., Reynolds & Co.,
will be
paid by the City.
The
Roosevelt & Cross, Wm. E. Pol¬
bonds will be delivered at Detroit,
lock & Co., and Paul, Frederick
Chicago, or New York City. En¬
close a certified or cashier's check & Co., all of New York;
J. M.
for $40,000, payable to the City Dain & Co. of Minneapolis, and
the Milwaukee Co. of Milwaukee,
Treasurer.
No.
revenue
gregating $62,000, Nos. 63 to 124,
nave
been called for payment on
unqualified
Township Union Sch. Dist.
,'
gan, City Clerk, will receive seal¬
County (P. O.
ed bids until 10 am.
(CST) on
Warren), Minn.
Feb. 11 for the purchase of $30,000
Bond Offering — Levi G. John¬
flood
protection
bonds.
Dated
son, County Auditor, will receive March
1, 1949. Denomination $1,sealed bids until 11:30 a.m. (CST)
000. Due March 1, as follows: $1,-
Bids shall be conditioned upon the
Red ford
Bridge
—
,
Marshall
be
cipal and interest
Minn.
Details—The
$10,000
telephone bonds purchased by the
State Bank of Frost, at a
price Oi
par, as previously noted in v. 169,
p. 423, were awarded as 2V2S.
Oct, 1,
1973. The bonds shall not
subject to prior redemptions as
a whole for the purpose of refund¬
ing until any interest payment
date on or after Oct. 1, 1961. Prin¬
Sale
Call
Bond
5
2V2% refunding bonds of 1945 ag¬
ers
follows:
as
]
Greenville, Miss.
1—v.
of Chicago,
and Stranahan, Harris &
Co., of
Toledo, jointly, on a bid reflect¬
ing a net interest cost of about
receive
(EST)
000.000 not to exceed 3J/2% inter¬
est sewage disposal system reve¬
nue coupon bonds.
Dated March 1,
1949.
Denomination $1,000.
Due
MISSISSIPPI
build¬
169, p. 543—were awarded to Barcus,
$200,000 3V2s. Due
Feb. 16 for the purchase of $2,-
1952,
1954 to
Agricultural
Bond Sale—The $4U0,uuu
ing bonds offered on Feb.
Offering—Harold Lindsey,
Bond
Rural
to
School District, Mich.
3.14%,
Mount
1
>
County
shall
ney
•t
f
Bids
a
Houghton), Mich.
Offering — Dominic
Vairo
shall
the
at
$7,000in 1953, $8,000 in
1958, $7,000 in 1959, $8,000
in 1960 to 1964, and $7,000 in 1965.
close a certified or cashier's check The Village will furnish the print¬
for $2,700, payable to the District ed bonds and the approving opin¬
ion
of; Dorsey, Colman, Barker,
Treasurer.
Scott & Barber, of Minneapolis.
the printing of the bonds will
be paid by the District. The bonds
will be delivered at Detroit.
En¬
the unqualified
opinion of the purchaser's attor¬
Detroit.
County (P. O.
will be furnished without expense
to the purchaser prior to the de¬
er
1949.
1,
Due Sept.
National
Miller, Canfield, Paddock &
Stone, of Detroit, which opinion
ion
pur¬
Monday, February 7, 1949
of
upon
an
Boston.
payable
office.
at
at
the
option of the
$95,000 in 1972 and 1974,
and
$100,000 in 1975 and 1978.
Bonds maturing in 1956 to 1978,
shall
be
subject to redemption
prior to maturity at the option of
the City on any interest payment
Denomination $1,000, one for $400.
date on or after Oct. 1, 1955, in
Due July 1, as follows: $5,400 in
inverse numerical order, at par
1949, and $5,000 in 1S50 to 1953. and accrued interest
plus pre¬
Principal and interest (J-J) pay¬ miums as follows:
$30 on each
able at the Delton State Bank. The
bond called for redemption on or
purchaser
shall
furnish
bonds
prior to Oct. 1, 1958; $25, on each
ready for execution at his ex¬ bond called for
redemption after
pense. The bonds will be delivered
Oct. 1, 1958, but on or prior to
.at Delton, or such other place as
Oct.
1, 1961; $20, on each bond
may be agreed upon with the pur¬ called
for redemption after Oct.
chaser.
1, 1961, but on or prior to Oct. 1,
able at the First National Bank of
Boston.
(M-N)
on
check
notes
$4,000 May 1, 1949 to
Principal
and/
interest
sealed
opinion
of
the
pur¬
chaser's attorney
approving the
legality of the notes.
The cost of
such
opinion
and
the
cost
of
printing the notes shall be paid by
the purchaser. Enclose a certified
of
Due
1953.
qualified
&
Norfolk
chaser.
CHRONICLE
1949.. De¬
form
and
shall be at the
shall be conditioned upon the un¬
of Boston.
furnish
Dated March 15,
nominations
March
1, 1950.
Housing Board, 18 Tremont
Principal and interest payable at
Street, Boston, until 1 p.m. (EST) the
City Treasurer's office.
Bids
State
FINANCIAL
conditioned
Offering—Myron A. Stev¬
City
ens,
notes.
&
Treasurer's
-
Dearborn, Mich.
authenticated
000 not to exceed 3%
sealed
purchaser.
or
payable at said bank.
ton, under advice of Ropes, Gray,
Best, Coolidge & Rugg, of Boston.
#*agh,
-Bonds
expense.
District Treasurer.
genuineness and validity by
First
his
be delivered at Battle Creek,
other places as may be
such
.
notes
to
the
at
about Feb.
on or
Boston, for Boston funds,
rand will be
The
in
at
COMMERCIAL
Due $46,000 3s.
$1,000.
follows: $8,000 in 1950
Due on Feb. 1 in 1950
and 1951.
-
.
''
,
r* ti'w k>"
i
1
w
Volume 169
»,
Number 4775
THE
407,000 IV2S.
,
Due on Feb. 1 from
1952 to 1969 inclusive,
...!
Dated Feb.
v
'
•
r
for the purchase of $400,000 not to
exceed 3V2% interest water works
improvement revenue, series. 1949
bonds. Dated March 1, 1949. De¬
nomination $1,000. Due March 1,
1, 1949.
1
,
Kansas
North
City,
4
Mo.
Bonds
Sold—An issue of $700,000 sewer bonds has been sold to
Stern
Bros., Barret, Fitch &
Burke
&
MacDonald,
Bennett &
and
E.
Co., all of Kansas City,
2s and 2%s, at a net
jointly,
as
interest
cost
A
of
2.18%.
MONTANA
Flathead County, County High Sch.
Dist.
sold
100.705,
Sale
as
2%s, at a price of
basis of about 2.419%.
a
in
consisted
of:
(EST)
of
,& FINANCIAL
CHRONICLE
,
Feb. 8 for the purchase
on
$34,000 not to exceed 5% in¬
water, 1949 coupon or regis¬
terest
tered
bonds.
Dated Dec.
1,
1948.
Denomination $1,000.
Due Dec. 1,
as follows: $7,000 in 1949 to
1952,
and $6,000 in 1953.
Rate of in¬
terest
be in
to
multiples of 44
or
1956
and 1957, $19,000 in 1958 1/10
of
1%, and must be the
Prin¬
1959, $20,000 in 1960, $21,000 same for all of the bonds.
in 1961 and 1962, $22,000 in 1963 cipal and interest
(J-D) payable
at the County Trust Co., Tarry$23,000 in 1964 and 1965, $24,000 in
1966, $25,000 in 1967 and 1968, and town, or at the Bank of the Man¬
$26,000 in 1969. Bonds maturing hattan Co., New York City. The
and
after
and
on
be
Sale:—The $737,840 bonds
offered on Feb. 1—v. 169, p. 249—
Bond
were
$15,000 in 1950 and
1951, $16,000 in 1952 and 1953,
$17,000 in 4954 and 1955, $18,000
Kalispell), Mont.
(P. O.
follows:
as
Co.,
A.
COMMERCIAL
subject
March
I960, shall
redemption in in¬
to
numerical
verse
tion of the
1,
at
order
City
the
op¬
bonds
will
be
delivered
at
New
York, N. Y., or at such other place
as
may be agreed with the pur¬
chaser
about
Vocational,
Agricultural
and Mechanical Arts Building
bonds. Due Jan.
in
$9,851
"
from
1,
follows:
$11,000
1969, inclusive.
1950,
to
1951
5
as
and
All of the bonds are dated J an.
1, 1949.
-
Power
District
(P. O. Columbus), Neb.
$2,oo0,00u con¬
;•
bonds
eastern
offered
system
Feb.
on
a
Roswell. The
will
be
legality of the bonds
approved
by
Pershing,
Bosworth, Dick & Dawson,
of
Denver, whose opinion, together
with the printed bonds and a cer¬
tified transcript of the legal pro¬
ceedings
will- be furnished the
purchaser without charge. Enclose
.
cei'tified
of
cashier's check
or
the
face
amount
for
of
the
bonds, payable to the City Treas¬
urer.
The
City, will be furnished
purchaser without cost. En¬
Gordon
Graves
&
& Co., Chicago,
Co., and Tripp
& Co., both of New York,
WhitePhillips Co., of Davenport, Peters,
Writer & Christensen, of Denver,
Yarnall
and
phia, at
terest
NEW
&
Co., of Philadel¬
price of 98.215, a net in¬
of
about 2.424%,
as
a
cost
follows:
-;
Bond
Offering
Rogers,
receive
(EST)
of
sealed
Frances
—
Village
Y.
B.
Treasurer,
Jan.
1
Due semi-annually
and July 1 from
1951 to 1953 incl.
2,200,000 2V4S. Due semi-anmiV4
ally on Jan. 1 and July 1
from 1954 to 1971 incl.
All of the bonds
1,
1949
bids
until
construction
registered
1949,
bonds.
in¬
coupon
Dated
Denomination
or
Feb.
$1,000.
1,
of
interest
tiple of 1/4
be
the
to
be
in
mul¬
a
1/10 of 1% and must
or
for
same
all
of
the bonds.
as
on
July
on
or
whole
a
1,
after
in
J, 1954. Second high bid. of 98.57
2V4s,
and $420,000 2V2s, or a net interest
of
about
2.482%, was made
by a syndicate composed of East¬
man, Dillon & Co., Drexel & Co.,
Detmer & Co., George B. Gibbons
& Co., Inc., Andrews & Wells, Inc.,
Mullaney, Wells & Co., Ketcham
&
Nongard,
Robert
Hawkins
&
Co., and Paul Frederick & Co.
NEW
Clark
be
furnished
if
desired
or
re¬
quested by the successful bidders.
Enclose
the
of
certified
a
amount
of
check
the
for
2%
bonds
bid
JERSEY
(P. O.
R.F.D. No. 1, Rahway), N. J.
\ Bond Sale—Ira Haupt & Co. of
(P.
Bond
11
O. Binghamton), N. Y.
Offering—Robert T. Wil¬
liams, President of the Board of
Trustees/ will receive sealed bids
the
at
office
of
Pearis, Ressequie
703 Press Building
&
McManus,
Chenango Street), Bingham¬
ton, until 2 p.m. (EST) on Feb. 18
(19
for
the
to
purchase
exceed
3%
of
$122,000
interest
not
der
was
the successful bid¬
for the
$450,000 school bonds
1—v. 169, p. 423—
taking $448,000 bonds as 2M>s, at
offered
a
Feb.
price of 100.549,
2.443%.
a
The bonds
basis of about
are
dated Jan.
1949, and due on Jan. 1 from
1951
to 1969,
inclusive.
Second
high bid of 100.465 for $448,000
2V2s was made by a group com¬
1,
posed
Saffin
Boland,
of
Allen & Co. and
& Co.
&
Co.,
MacBride, Miller
'./>■
public
1950
to
inclusive.
1961
Second
$7,000 in 1956 to 1968. Prin¬
cipal and interest (J-J) payable
at
the
City
National
Binghamton.,
able
and
Bank
The bonds
redeemable
certified
a
on
are
call¬
any
of
such
call for redemption by
publication at least three times in
financial
a
and
and
the
in
the
official
District,
has
in
newspaper
a
published
circulating in New York City
no
in
said
of
District
then
general
newspaper,
having
newspaper
circulation
newspaper
if
and
official
a
the
territory now
comprising the District, or in the
case of registered
bonds, by mail¬
to
holder
30
at
least
such date.
in
a
the
Rate
the
registered
days prior to
of interest to be
multiple of 1/10 of 1% and
bonds
office
same
will
of
for all the bonds.
be
delivered
at
Pearis, Resseguie
&
McManus, of Binghampton, on or
before March 10, 1949, and the
successful
bidder will
cashier's check for
livery.
are
Enclose
be notified
City
Clerk,
will
receive
for
all the
at such other place
or
pur¬
cashier's
or
on
or
City,
at
or
such
other
be agreed upon with
the
purchaser.
The
approving
opinion of Hawkins, Delafield &
New
Bond
Offering
certified
or
York
<
' I
William
C[
sealed Duell, Town Supervisor, will re¬
21 ceive sealed bids until 10 a.m.
the purchaser with¬
Enclose a certified or
to
cost.
out
check
for
$270, payable
and interest (F-A)
payable at the
Chase National Bank, New York
City.
Rate of interest to be in ar
multiple of y4
or
must
same
(P.
O.
sealed bids until 10:30
(EST)
a.m.
Feb. 8 for the purchase of $76.000
not
to
exceed
4% interest
Island Park, N.
ered
coupon
Y.
sealed bids until 10 a.m.
(EST) on
Feb. 14 for the purchase of
$24,000
not to exceed 5% interest
general
improvement of 1949 coupon
registered bonds.
Dated Feb.
in
multiple of
and
must
be
1/10
or
the
of
for
same
the
livered
on
the
field
or
of.
Wood
&
at
about Feb. 23,
or
office
Hawkins,
Vandewater, Sykes, Heckler &
Galloway, of New York City, will
be
furnished
of New
York
City,
be
upon with the purchaser.
approving opinion of Hawk¬
Delafield & Wood, of New
such
other place as may
agreed
The
ins,
City, will be furnished to
purchaser without cost. En¬
the
certified
a
or
cashier's check
$1,520, payable to the Town.
Hempstead,
Oceanside
Fire
Dist.
(P. O. Oceanside), N. Y.
Offering — Andrew
Southard.
ceive
John
Distinct
sealed
000
10
March
(EST)
for the purchase of
not
to
coupon or
000.
of
Daly, 371 Long Beach Road,
Oceanside, until 2 p.m.
Feb.
re¬
office
exceed
on
$20,-
interest
5%
payable at the Oceanside National
must
be
the
same
for
all
of
purchaser
Prattsburg, N. Y.
1949
Sale—The
$7,000
water,
bonds
169,
offered
Jan.
24—v.4
424—were awarded to the
p.
Prattsburg State Bank
price of
a
Due
at 2f2s, at
Dated Feb. 1, 1949.
par.
Feb.
on
1
from
1950
to
195GI
inclusive.
Rodman
(P. O. Rodman), N. Y.
and
be
must
Bond Sale
:
were
about
1949.
to
Trust
the
Co.,
Adams",
price of 100.09,
a
1.46%.
Due
Northern
of
Dated
basi:»
a
Feb.
1,
Feb. 1 from 1950 to
on
1954 inclusive.
to the purchaser without cost. En¬
close
for
cei'tified
a
Bond
Offering
sealed
bids
until
receive
Michael
(EST)
noon
J.
on
Feb. 9 for the purchase of $63,500
not to exceed 4% interest coupon
registered
bonds,
divided
of
street
Due
on
in
and
sewer
and
$1,000 from 1958 to
1973
1,
1967
inclusive.
All of the bonds
are
dated Feb.
1, 1949. One bond for $500, others
each. Bidder to name a
$1,000
single
rate of interest, expressed
multiple of Va or 1/10 of 1%.
Principal and interest (F-A) pay¬
in
a
able at the piincipal office of the
Trust Co. of Buffalo.
A
Marine
certified
check
for
able to order of the
of New York
Bond Sale
Village, is
N.
169,
re¬
approved
& Wood,
offered
Jan.
to B. H.
at
a
Snell, of Potsdam, as l3/4s,
price of par.
Dated Feb. 15,
1949.
Due
Feb.
on
15
from
1950
to 1963 inclusive.
the
York City
Housing Authority,
New
Note
ries
v.
H
York
Sale—The
such
or
agreed
The
chot,
other
notes
169,
p.
offered
on
545—were
se¬
Feb.
2—
awarded
to
follows:
To
as
the
be
may
purchaser.
approving opinion of Fran-*
Runals, Cohen,
Taylor
of Niagara Falls will be
Mallam
furnished to
out
cost.
amount
the
purchaser with^
Enclose
check
of
certified
a
for
bonds
2%
to
be
or
of
the
bid
fcr,
payable to the Village.
Wolcott, Butler, Victory, Sterling,
and Conquest, Central Sch. Dist.
(P. O. Red Creek), N. Y. *'/
Bond Offering—Grace M.
Frost*
District Clerk,, will receive sealed
bids until 8 p.m. (EST) on
Feb.;
15 for the purchase of
$75,000 not
exceed 5% interest school bus
to
garage,
bonds.
Jan.
1,
1949 coupon
Dated
1950
interest
Red
Creek
Creek.
a
Jan.
1949.
Principal
payable at the
(J-J)
National
Rate of
will
registered
De¬
Due
$3,000!
or
1,
$1,000.
to 1974.
multiple of Va
bonds
Bessemer
place
with
upon
and
$23,500,000
ens
fices of Franchot,
Runal, Cohen,
Taylor & Mallam of Niagara Fallsy.
nomination
New
bonds.
1949, at the of¬
No. 3
424—were awarded
p.
or
Y.
The $14,000 water
improvement bonds
27—v.
of
bonds will be delivered
about Feb. 25,
pay¬
City.
—
all
cashier's
$1,270,
quired. Legality to be
by Hawkins, Delafield
Dated
The
Aug.
follows: $1,000 from 1950
as
to
on
office
Trust Co., Niagara Falls. Rate
ci
interest to be in multiple of Va or
1/10 of 1%, and must be the same
for
18,000 water bonds. Due
the
improvement registered
Feb. 1, 1949.
De¬
nomination
$1,000.
Due
$1,0001
Aug. 1, 1949 to 1955. Prin* and int.
(F-A) payable at the Power City
bonds.
inclusive.
at
est street
Aug., 1, as follows: $6,1950; $5,500 in 1951;
$5,000 in 1952 and 1953; $2,000
1954 to 1957 inclusive,
Treasurer, will
bids
Niagara
Falls,
until
3:30
p.mf
(EST) on Feb. 8 for the purchaser
of $7,000 not to exceed
5% inter¬
as
from
Kill,
Franchot,, Runals, Cohen, Tay-?;
Mallam, 400 Gluck Building,
bonds.
000
and
sealed
H
Van
lor &
follows:
$45,500
Offering—J.
Village Clerk
Y.
—
GaiTy, Village Clerk, will receive
or
Youngstown, N. Y.
cashier's check
or
$480, payable to the Village.
be
Bank,
interest
or
to
Red
iii
be
1/10 of 1%. The?
delivered
at
New
Trust
Co., Jersey York, N. Y., or at such other place
the bonds.
The bonds will be de¬ City: $2,500,000 at 1%
interest; $2,- as may be agreed with the pur-,
livered at New York, N. Y., or at 500,000 at 1.01%, plus a
premium chaser about March 8, 1949. The
such other place as may be agreed of $22; $2 500,000 at
1.02%, plus approving opinion of Vandewater,
,with the purchaser on or about $26; and $2,500,000 at 1.03%, plus Sykes, Heckler & Galloway, ct
March
New York York City, will be fur¬
1,
1949.
The
approving $38.
opinion
of
Vandewater,
Sykes,
To Chase National Bank of New nished to the purchaser without
Heckler & Galloway, of New York
cost.
Enclose
a
cei'tified
York:
$8,000,000
at
1.03%, plus
orj
cashier's check for $1,500, payable
City, will be furnished to the pur¬ $90; and $4,500,000 at
1.04%, plus
chaser
without
certified
cost.
Enclose
cashier's
or
check
a
for
$400, payable to the District.
Hempstead,
Sewer
West
Long
District
(P.
Beach
O.
Offering
—
Hamilton S.
Gaddis, Town Clerk, will receive
sealed bids until 10:30
a.m. (EST)
purchase of
$13,500 not to exceed 4% interest
on
Feb.
15
for
lateral sewer,
the
1949
coupon or reg¬
|
—
awarded
York
lV2s, at
1, 1950 to
Bank, Oceanside. Rate of interest to
be in a multiple of Va or 1/10 of 1%
*
Bond
of
1954. Princioal and interest (M-S)
and
1%
registered bonds. Dated
1, 1949. Denomination $1,-
Due $4,000 March
the
Enclose a certified
cashier's check for $1,100,
pay¬
able to the District.
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
New York City, will be furnished
S.
Clerk, will
bids at the
of
Madrid,
Bond
to
without cost.
as
same
of
1949,
Dela-
York, N. Y., or at
place as may be agreed
with the purchaser about Feb.
24,
1949.
The approving opinion of
for all of the bonds. The
the bonds. The bonds will be de¬
at
New
New
1/10
or
1%
all
the
all
Va
Presiding Town
14
ami
for
The $23,000 high¬
way
machinery, 1949 bonds of¬
fered on Jan. 27—v.
169, p. 424—
-
the
at
1/10 of 1%
bonds will be deliv-
Principal and interest (F-A) pay¬
able at the National City Bank of
Long Beach, in Long Beach. Rate
of interest to be in a
multiple of
registered bonds.
Dated Feb.
15, 1949. Denomination $1,000. Due
Feb.
15, as follows:
$16,000 in
1950 and $15,000 in 1951 to 1954.
Prin. and int. (F-A) payable at
of
or
1,
1949.
Denomination $1,000.
Due
Aug. 1, as follows: $2,000 in 1949
to 1954, and $3,000 in 1955 to 1958.
or
office
the
The
such other
Offering—George Schlicter, Village Treasurer, will receive
on
highway machinery, 1949
be
bonds.
or
Lancaster, N.
Hemnstead), N. Y.
—
Wood, of New York City, will be
check for
Hempstead), N. Y.
Bond Offering — Hamilton S.
Gaddis, Town Clerk, will receive
$2,440, payable
Greenburgh (P. O. Tarrytown),
bids until 8 p.m. (MST) on Feb.
Hamburg,
same
Hempstead
Bond
Brad L. Hays,
delivered
as may
Bond
to the District.
—
the
at
of-
ready for de¬
a
MEXICO
Roswell, N. Mex.
place
$400, payable to the Distinct.
of
in¬
terest payment date prior to their
maturity upon the giving of notice
New York.
Bond Offering
Principal
be agreed with the
may
for
1, as follows: $5,000 in 1950 to 1954, $6,000 in 1955,
when the bonds
NEW
1952.
De¬
$5,000
payable
the
be
Hamburg,
as
close
high bid of 100.183 for 1.70s was
made by Boland, Saffin
& Co.,
1
Due
chaser about Feb. 21, 1949. Enclose
Jan.
The
March 1 from
to
Bank
must
registered bonds. Dated
Denomination $1,-
Due
of Newark, as
on
and
March 1, 1949.
must be the
1949 and mature
1949
interest
000.
coupon or
improvement
bonds offered
on
Feb. 1 — v. 169, p. 424 — were
awarded to J. B. Hanauer & Co.,
1.65s, at a price of
100.19, a basis of about 1.619%.
The
bonds are
dated March
1,
30,
$5,000.
York
ing such notice
Ridgefield, N. J*
Bond Sale—The $123,500
Oct.
building
registered bonds.
coupon-or
nomination
building
,
New York
York
Supervisor. Rate of interest to be
and
Township Sch. Dist.
not to exceed 5% interest
the
Chenango Com. Sch. Dist. No.
1949,
July
for $400,000 3V2s, $1,680,000
cost
approving opinion of an at¬
torney or firm of attorneys will
bonds.
Dated Feb. 1, 1949.
De¬
nomination $1,000.
Due Feb. 1, as
follows: $2,000 in 1950 to
1954, and
$3,000 in 1955 to 1969. Principal
The
1, 1949, at the office
Hawkins, Delafield & Wood, of
New
Due
Aug. 1, as follows: $3,000 in 1949,
and $4,000 in 1950 to 1953. Prin¬
cipal and interest (F-A) payable
at the Village Treasurer's office.
Rate
Clement
at
$19,000 not to exceed 3%
terest
of J.
care
Johnston,
1202
Rand
Building,
Buffalo, until 11 a.m. (EST) on
Feb. 7 for the purchase of $20,000
p.m.
2
Feb. 11 for the purchase
on
for, payable to the Village.
redeemable,
are
beginning
part,
and
and
sealed bids in
bonds. The bonds will be delivered
dated Jan.
are
District Clerk, will receive
man,
will
The
on
Bond Offering—Samuel J. Beck-
Rate of interest to be
Hamburg.
a
multiple of Va or 1/10 of 1%
»
$300,000 31/2S.
Hamburg Com. Sch. Dist. No. 12
(P. O. Lake View), N. Y.
People's
YORK
AndoVer, N.
were
Barcus, Kindred
be
5J1
Feb. 9 for the purchase of
$55,000
not
to
exceed
5% interest fire
house, 1949 coupon or registered
Bond
and
169,
awarded to a syn¬
dicate composed of John Nuveen
& Co., Chicago, B. J. Van Ingen
& Co., Inc., Ira Haupt & Co., and
Fitzgerald & Co., all of New York,
William J. Mericka & Co., Cleve¬
land, Thomas & Co., Pittsburgh,
543—
p.
will
office.
to the Town.
revenue
3—v.
bonds
of
cashier's
with
Bond Sale—-The
solidated
1,
about March
to the
5%
Consumers Public
Supervisor's
New York
a
NEBRASKA
siding
gether
1949.
able at the First National Bank of
218,851
March
$1,000,
1/10 of 1%, and must be the same
for all of the bonds.
Principal and
interest (M-S) payable at the Pre¬
furnished
15,
in 1950 and $26,000 from 1951
19QP, inclusive.
Dated
one for
$500. Due March 1, as follows: $3,000 in 1950, $2,500 in
1951, and
$2,000 in 1952 to 1955. Rate of in¬
terest to be in multiples of Va or
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
Feb.
to
:
bonds.
1949. Denomination
Mai'ch 1, 1959,
or
on
any interest payment date
thereafter upon the payment of
the principal amount thereof, to¬
on
premium of 2% of
the
principal
amount
thereof. close a certified or cashier's check
Principal and interest (M-S) pay¬ for $680, payable to the Town.
$518,629 High School Annex bonds.
Due Jan. 1, as follows: $24,629
istered
(649)
to the District.
$50.63.
To
Central
Hanover
Bank
&
NORTH CAROLINA
Trust
Co., New York: $1,000,000 at
1.04%, plus $15.
The
bear
entire
date
mature
Pound
on
of
$23,500,000
Feb.
16,
1949
and
Aug. 16, 1949.
Ridge, Pound Ridge Fire
Treasurer,
will receive
(EST) on
sealed bids until 2 p.m.
County (P. O.
Whiteville), N. C.
notes
District (P. O. Katonah), N. Y.
Bond Offering—Lann B. Smith,
District
Columbus
Bond Offering
—
W. E. Easter-
ling, Secretary Local Government
Commission, will receive sealed
bids at
til 11
his office
in
Raleigh,
un¬
(EST) on Feb. 8 for the
purchase of $350,000 not to exceed
6% interest school building, series
B,
a.m.
coupon
bonds.
Dated
Dec.
1,.
•
54
(650)
1947. Denom. $1,000, Due June 1,
follows: $12,000 in 1950, $6,000
Colerain
as
(P.
Township Local Sch. Dist.
O.
in 1951 and 1952, $8,000
in 1953 to
1959, and $15,000 in 1960 to 1977.
Principal and interest (J-D) pay¬
able in New York City; general
obligations, unlimited tax, registerable as to principal alone, de¬
livery on or about March 2, 1949,
at
place of purchaser's choice.
Bidders
to
requested
are
the interest rate
.
rates in
or
Montgomery County (P. O.
Troy), N. C.
—
(EST) on Feb. 8 for the
purchase of $100,000 not to exceed
6%
interest
hospital coupon
bonds. Dated Feb. 1, 1949. Denom.
ination $1,000. Due Feb. 1, as fol¬
lows: $2,000 in 1952 to 1956, and
$5,000 in 1957 to 1974. Principal
and interest
(F-A) payable in
New York City; general obliga¬
tions; registerable as to principal
alone; delivery at place of pur¬
a.m.
chaser's
choice.
quested to
Bids
a
must
re¬
are
the interest rate
name
rates, in
or
Bidders
multiple of Va of 1%.
be
form
a
on
Box
11,
to
be
Columbus, Ohio
Bond
Offering
Cain,
City
sealed
bids
—
Clerk,
Agnes Brown
will receive
until
noon
(EST) on
purchase of $50,000 2% City Hall fund No. 2, ex¬
Feb.
17 for the
tension
and
enlargement bonds.
Dated March lb, 1949. Denomina¬
tion $1,000.
Due $5,000 Oct. 1,
1950 to 1959.
Bidders may bid for
different rate of interest in mul¬
tiples of Va of 1 %.
Principal and
interest (A-O) payable at the City
Treasurer's office. The approving
opinion of Squire,
Sanders
&
Dempsey, of Cleveland, and the
completed bonds,
will be fur¬
nished and paid for by the City.
The
the
$2,000, payable
the State
to
Treasurer.
bonds
.will
be
delivered
at
check, payable to the City
Treasurer, for 1% of the amount
of
Crown City,
Bond
Ohio
Watts,
different rate of interest in
169,
electric
offered Feb.
bonds
sold to
the
a
$500.
1958.
mul¬
The bonds will
highest bidder for
1—v.
a
and
bond
accrued
Enclose
interest.
certified check for $50,
or
payable to the Village.
—
were awarded to Elmwocd Place Exempted Village
School District (P. O.
Moody, of St. Paul, as
31/4S, at a'price* Y>f 100.35. Dated
Cincinnati 16), Ohio
Jan. 1, 1949. Second high bid of
Bond Offering—Herbert G. Noe,
100.308
for
3V4S was made by Clerk of the Board of Education,
will
receive
sealed
bids
until
Piper, Jaffray & Hop wood.
&
(EST) on Feb. 18 for the
purchase of $75,000 not to exceed
interest land purchase and
noon
OHIO
.
4%
Ada Exempted
School
Bond
Village
District, Ohio
Offerig
—
Clerk of the Board
will
receive
improvement bonds. Dated March
Detrick,
Frank
of Education,
sealed
until
bids
1, 1949.
Denomination $500. Due
$3,500 March and Sept. 1, 1950 to
1954, and $4,000 March and Sept.
1, 1955 to 1959.
Rate of interest
(EST) on Feb. 17 for the
to be in a multiple of Va of 1%
purchase of $250,000 2Vz% build¬
The bonds will be sold
ing and equipment bonds. Dated (M-S).
to the highest bidder at not less
March 1, 1949. Denom. $1,000. Due
than
par
and accrued interest.
Oct. 1, as follows: $11,000 in 1950
to 1969, and $10,000 in 1970 to These bonds were authorized at
the general election
on Nov. 2,
1972. Principal and interest (A-O)
1948.
The legal opinion of the
payable at the legal depositary of
the Board of Education, either the Assistant County Prosecutor will
be furnished.
Enclose a certified
First National Bank, Ada, or the
check or bond for $750, payable
Liberty Bank, Ada, at the option
of the holder. Bidders may bid to the Board of Education.
noon
for
a
a
different rate of interest in
multiple of Va of 1%. The
pro¬
ceedings for this issue, have been
taken under the supervision
of
Squire, Sanders & Dempsey, of
Cleveland, and their approving
opinion will be furnished to the
purchaser without expense. These
the
are
bonds
authorized
general election
by
a
a
on
at
the
Nov. 2, 1948,
vote of 1,555 to 558. Enclose
certified
check
bonds^bid
for,
for
1%
payable
of
to
the
the
Board of Education.
Chillicothe City School Dist., Ohio
Bond Sale—The
$1,506,000 build¬
ing bonds offered Fpb. 2—v. 169,
425—were awarded to a syndi¬
cate composed of the Harris Trust
& Savings Bank cf Chicago, Hornblower & Weeks, W. E. Hutton &
Co., both of New York, and Breed
& Harrison of Cincinnati, as 2s,
at a price of 101.159, a basis of
p.
about 1.89%.
and due
Dated Feb. 15, 1949,
June 15 and Dec. 15
from 1950 to 1971, inclusive. Sec¬
ond
on
high bid of 100.793 for 2s
made
by
a
was
syndicate composed of
Halsey, Stuart & Co. Inc., A. G.
Becker
&
Co.,
Paine,
Webber,
Jackson & Curtis, C. F. Childs &
Findlay, Ohio
Bond
—
Harlan
2%% first
mortgage ,s water works revenue
coupon bonds.
Dated Feb. 1, 1949.
Denomination $1,000.
Due $12,000
June
and
Dec.
1,
1950, $12,000
June and
$13,000 Dec. 1, 1951,
$13,000 June and $14,000 Dec. 1,
1952, $14,000 June and Dec. 1, 1953,
$14,000 June and $15,000 Dec. 1,
1.954, $15,000 June and $16,000 Dec.
1, 1955, $16,000 June and Dec. 1,
1956, $23,000 June and $24,000 Dec.
1, 1957, $24,000 June and $25,000
Dec. 1, 1958, $25,000 June and Dec.
1, 1959, $25,000 June and $26,000
Dec.
1, 1960, $26,000 June and
$27,000 Dec. 1, 1961, '$27,000 June
and Dec. 1, 1962, $28,000 June and
and Dec. 1, 1963, $28,000 June and
$29,000 Dec. 1, 1964, $29,000 June
and $30,000 Dec. 1, 1965, $30,000
June
and
Dec.
1, 1966, $31,000
June
and
Dec.
1,
1967. $31,000
June and $32,000 Dec. 1,1968, $32,000 June and $33,000 Dec. 1, 1969,
$33,000 June and $34,000 Dec. 1,
1970, $34,000 June and $35,000
Dec,
1, 1971, $35,000 June and
Dec. 1, 1972. and $36,000 June and
Dec.
Co., and J. B. Joyce & Co.
callable
Said bonds will be
1, 1973.
at
a
whole
or
in
part,
water
works
extension
bonds. Dated
March
coupon
different
a
rate
interest
of
in
the
bonds
the
and
Indenture
will be
Sanders &
Squire,
Cleveland.
1%.
(M-N)
of the bonds have been taken
a
der
sealed
bids
until
10
a.m.
(EST) on Feb. 18 for the purchase
of $1,975,000 not to exceed 3% in¬
terest
veterans
series
bonds.
1949.
fourth
March
Dated
1,
Denom.
$1,000. Due $45,000
Sept. I, 1950 to 1966,
$45,000 March and $44,000
March
and
memorial
and
Sept. 1, 1967 to 1971. Rate of in¬
to be in a multiple of Va
of
1%.
Principal
and
interest
terest
(M-S)
payable
tified check
par
at
office.
Treasurer's
the
County
Enclose
cer¬
a
cash for 1 % of the
or
value of bonds bid
upon, pay¬
able to the Board of County Com-;
missioners.
v-
Springs Local Sch. Dist.,
addition
bond Or certified check for $125
$143,000 school
construction
ment bonds
and
offered Jan.
Morrow
City, Ohio
Sale—The $38,000 site ac--
426—were
Calvert
to
awarded
(P. O.
Mount Gilead), Ohio
'
•-I.
the
purchase of
Trust Co.,
&
and
1, 1950 to 1959, and $18,000 April
Oct. 1, 1960 to 1964. Bidders
bid for a different rate of
may
multiple of Va of 1%.
a
A-O.
looking
to
The
the
proceedings
issuance
of
Witchita, as previously noted
"v. 169, p. 2487—were sold on a
bid reflecting a net interest cost
of about 1,80%.
Comanche
County (P. O.
Lawton), Okla.
of
the
Co., of Kansas, of Wichita, and As¬
sociates,
169,
v.
furnished
cer¬
a
tified check for $5,000, payable to
the Board
of
County Commis¬
Mount Blanchard Local Sch.
Dist.,
Ohio
Bond
Sale—The $120,000 school
interest
net
a
in
noted
426 were scld on
a
cost
bid
of
1.82%, and are dated Feb. 1,
1949.
Cushing, Okla.
the
at
Enclose
previously
as
p.
proving opinion and the printed
be
$650,-
hospital construction bonds
purchased by the First Securities
about
expense.
Details—The
Sale
Bond
000
supervision of Squire, Sanders &
Dempsey, of Cleveland, whose ap¬
will
Okla
District,
in
reflecting
bonds
&
Oklahoma City.
Sale
bonds have been taken under the
County's
highest
equip¬
and
Interest
1952 to
Bank
the First Securities Co. of Kansas,
ment bonds. Dated March 1, 1949.
Due $18,000 April and $19,000 Oct.
interest in
in
Due
National
Details—The $238,building bonds purchased -by
Bond
000
$550,000 3%
hospital construction
1.48%.
First
the
was
/
Bond Offering—Russell McCol-
for
about
Blackwell* School
County
ley, Clerk of the Board of County
Commissioners^ will receive sealed
bids until noon (EST) on Feb. 19
were
awarded to J. A. White & Co., of
Cincinnati, as 2V4S, at a price of
101.39, a basis of about 2.10%.
The second
highest bidder was
Fahey, Clark & Co., for 2Vas, at
a price of 101.32.
Grove
"^
"
equip¬
27
Okla.
Districi,
quisition, building and equipment
bonds offered Jan. 27—v. 169, pi
payable to the Village.
sioners.
Ohio
i/i;
Bond Sale—The
M-
f
.
1959 inclusive. The second
~"
Bond Offering—Ella A. McCar-
.
School
of
•
(P. O.
Columbus), Ohio
un¬
Equire,
at the purchaser's ex¬
The printed bonds will be
furnished by the Village. Enclose
$12,000, payable to the
Franklin County
of
'
obtained
City.
'
supervision
*
'
Bond
•
Canfield, of Oklahoma City, on a
bid reflecting a net interest cost
a
check for
the
r
Bethany
.
pense.
of
certified
a
au¬
were
Sanders & Dempsey of Cleveland,
whose approving opinion may be
by
Dempsey, of
Enclose
These bonds
1,
,
of
prepared
Mortgage
terest AO.
1949. De¬ thorized at the
general election on
nomination $1,000, one for $500.
Nov. 2, 1948. Enclose a certified
Due Nov. 1,? as follows: $500 in
.check for $400, payable to the
1950, and $1,000 in 1951 to 1962.
Board of Education.
Bidders may bid for a different
rate of interest in a
multiple of Va
OKLAHOMA
multiple of Va of 1%. The proceed¬
ings authorizing the issuance of
v
Bond Offering
will
until
bids
receive
;
Loren Crook*
—
7:30
p.m.
(CST) on Feb. 7 for the purchase
of
$40,000 hospital bonds.
Due
$5,000 in 1952 to 1959.
The bonds
will be awarded to the bidder of-'
fering the lowest rate of interest
and
agreeing to pay par and ac¬
improvement bonds crued interest.
Principal and in¬
2—v.
169, p. 425— terest
payable at the fiscal agency
were
awarded to J. A. White &
of the State in New York City, or
Co., of Cincinnati, as 2y4S, at a
at
the
City Treasurer's office.
price of 101.432, a basis of about
These are the bonds authorized at
2.098%. Dated April 1, 1949 and
the election held on Jan. 11. Each;
due semi-annually on April 1 and
bidder shall submit with his bid a;
addition
offered
and
Feb.
•
•Oct. 1 from 1950 to 1969 inclusive.
$11,200 water Second high bid of 101.20 for 2V4S sum in cash or its equivalent equalto 2% of the amount of his bid.
•
improvement bonds offered was made
by the First Cleveland
Jan. 26
v.
169, p. 251 — were, Corp.
Duncan School District, Okla.
;•
awarded to J. A. White & Co., of
Bond Offering—Inez Clements, [
Niles City School District, Ohio
Cincinnati, as 2V4S, at a price of
Bend Offering—Ann D. Mastel- Clerk of the Board of Education,:
100.67, a basis of about 2.15%.
will sell at public auction at 7:30;
Dated Dec. 1, 1948. Due on Dec. ler, Clerk-Treasurer of the Board
of Education, will receive sealed p.m. (CST) on Feb. 11 the $123,-.
1 from 1950 to 1961 incl.
bids until noon (EST) on Feb. 21 000 building and equipment bonds.;
Hamilton County (P.O.
Due $16,000 in 1952 to 1958, and.
for the purchase of $1,500,000 3%
Cincinnati), Ohio
\
in
1959.
These
bonds/
improvement bonds. Dated April 1, $11,000
were
authorized at the election
Bond Offering—C. F. Hutchin¬ 1949.
Denomination $1,000.
Due
The bonds will
son,
Clerk
of
the
Board
of $15,000 Oct. 1, 1950 to 1959. Bid¬ held on Jan. 25.
County Commissioners, will re¬ ders may bid for a different rate be sold to the bidder offering the)
Bond
Sale—The
works
—
ceive
E.
200,000 not to exceed
Co., Prescott, Hawley, Shepard &
Offering
Struble, City Auditor, will receive
sealed bids until 1 p.m. (EST) on
Feb. 21 for the purchase of $1,-
De¬
$500, one for $600.
$1,100 April and $500 Oct. 1',
1950, and $1,000 April and $500
Oct. 1, 1951 to 1974. Bidders may
nomination
Due
Bond Offering—C. C. Lindeman,
Village Clerk, will receive sealed
bids until 8 p.m. (EST) on Feb.
bid for a different rate of interest
15 for the purchase of $12,500 3%
in a multiple of Va oi 1%. In¬
Principal and interest
cease.
Green
545
p.
Juran
bonds." "• Dated April 1, 1949.
;
Mentor., Ohio
Principal
and
interest
payable at the Cleveland
Trust Go.,- Painesville. The pro¬
(J-D) payable at the Toledo Trust
ceedings looking to the issuance
Co., Toledo. Bidders may bid for*
shall
ceive
Offering—Tressie
Village Clerk, will receive sealed
bids until noon (EST) on Feb. 17
for the purchase of $4,500 3V2%
street improvement bonds.
Dated
of
his expense.
which date all
upon
ley, Assistant Clerk of the Board
of County Commissioners', will re¬
bid for.
bonds
not less than the face value there¬
Bond Sale—The $57,000
revenue
Squire, Sanders & Dempsey, of, tion, will receive sealed bids until
Cleveland, and thei" opinion may noon (EST) on Feb. 7 for the
be obtained by the purchaser at, purchase of $37,600'4% building
inte«est upon the bonds so called
fied
be
Cavalier, N. Dak.
redemption,
Monday, February 7, 1949
of
once
in a financial journal
published in New York City and
also in a newspaper of general
circulation in the City, said reso¬
lution to be passed and such no¬
tice to be given and published at
least 30 days prior to the date of
Clerk's office. All bids
must be accompanied by a certi¬
tiple of Va of 1%.
NORTH DAKOTA
numerical order, on
1, 1959 or on any interest
payment date thereafter at 101.50
City
Principal and interest (M-S) pay¬
able at the Ohio Valley Bank Co.,
Gallipolis. Bidders may bid for a
certified check
inverse
least
1950 to 1959 inclusive.
Hoyt & Washburn, of New York
City, will be furnished the pur¬
a
CHRONICLE
Sale—The $104,500
March 1, 1949. Denomination
Due $500 Sept. 1,
1950 to
chaser. Enclose
FINANCIAL
June
148,
furnished by the above Secretary.
The approving opinion of Reed,
for
in
&
build¬ plus accrued interest to date of re¬
Any such call shall be
ing bonds offered Feb. 3—v. 169, demption.
p. 425—were awarded to Raffens- by resolution of the City Council
and notice thereof shall be given
perger, Hughes & Co., of Indian¬
to the trustee of and paying agent
apolis. Dated Jan. 15, 1949 and
due on May 1, and Nov. 1 from for the bonds and published at
a
W. E. Easter-
ling, Secretary Local Government
Commission, will receive sealed
bids at his office in Raleigh, until
11
R.
Cincinnati), Ohio
Bond
mul-
to the State Treasurer.
Offering
R.
name
a
tiple of Va of 1%. The approving
opinion of Mitchell & Pershing,
of New York City, will be fur¬
nished the purchaser. Bids must
be on a form to be furnished by
the above Secretary. Enclose a
certified check for $7,000, payable
Bond
COMMERCIAL
THE
sealed
(EST)
chase
of
vided
as
bids
Feb.
on
until
$1,709,548.13
a.m.
pur¬
bonds,
di¬
follows:
$380,161.53 Sanitary
•
10
the
for
14
Sewers
and
Water Line bonds. Denomina¬
tion
$1,000,
for
$161.53.
1, as follows: $19 161.53 in 1950, and $19,000 in
one
Due Sept.
1951
to
tified
1969.
check
Enclose
a
cer¬
for
$3,810, payable to the County Treasurer.
1,329,386.60 Trunk
Storm
and
Series
tion
C
386.60 in
'to
1954,
to
Enclose
certified
a
for
$13,300, payable to
the County Treasurer. >
March
Dated
1,
1949.
Principal
the
ders
The
bid for different rates
multiple of Va of 1%'.
may
The
than
bonds
par
to
be
sold
at
not
less
and accrued interest to
the highest bidder.
A complete
transcript of the proceedings with
issuance; of
the
bonds will be furnished to the
suc¬
reference
to
the
cessful bidder.
Proceedings have
been taken under the supervision
No
bids
election
Board
of
for
Nov.
2,
Education
to
on
for printing of bonds.
pay
chaser
to
Pur¬
for opinion as to
the legality and expense of ship¬
ping bonds.
Enclose a certified
check
pay
for
$1,500, payable to
the
Board of Education.
Tenders Wanted
—
lowest rate of interest and agree¬
ing
to
The
/
Village
Clerk will receive sealed tenders
pay
par
and« accrued
terest.
\
•
t,'v„
in¬
*
•
Keyes, Okla.
'
"
Offering—O. L. Badgley,'
Town Clerk, will receive bids un-;
Bond
til 4 p.m.
Feb. 7 for the :
sanitary sewer :
in 1952 to 1965,:
$3,800; in 1966. . These bonds .
(CST)
on
ourchase of $50,000
bonds.
and
Due $3,300
authorized
were
held
Pepper Pike, Ohio
on
submit with his bid
its
or
election
the
at
Jan. 11. Each bidder shall
a
in cash
sum
equivalent equal to 2%
of
the amount of his bid.
of
refunding bonds, dated Jan. 1,
Okfuskee County (P. O.
1940, until noon (EST) on Feb. 16.
Qkemah), Okla.
The village has more than' $5,000
Bands Scld—The $209,000 hos¬
"available for the purchase of the
bonds and will purchase them so pital construction bonds have been
far as funds are available-at the sold to the R. J. Edwards, Inc., of
-
lowest;,
offering
than par.
:
.
-
- •;.
price ! not--more
'
-:
Oklahoma
Bond
Sale Details—The
Improvement - bonds, pur¬
chased by the City Bond Retire¬
ment
v.
21/2$,
due
Fund,
previously noted
546—were sold as
price of par, and a^e
169,
at a
on
as.
p.
Dec. 15 from
inclusive.
'
.
as
Stillwater.
$10,000
street
in
City,
1950 to
1959
.
Bond
Sale
Due on
l%s.
Dec. 1 from 1951 to I960
f.
Sandusky, Ohio
(M-S) payable at the
Treasurer's office.
Bid¬
of interest in
multiple of Va of
A-O.
general
1948.
and interest
County
a
Interest
less than par and accrued interest.
These are the bonds authorized at
Sewer,
one for $386.60.
as follows: $53,1950, $54,000 in 1951
and $53,000 in 1955
1974.
check
interest in
1%.
Main Line
Denomina¬
$1,000,
Sept. 1.
Due
-
or
Sanitary
bonds.
of
inclusive.
Okla.'
>"■
Details-^The
000 various bonds
$781,purchased by a
syndicate headed by the First Na¬
tional Bank & Trust Co.. of Okla¬
homa
net
City,
interest
on
of
a
bid reflecting a
about
2.13%,
as
previously, noted' in rv. 169.p. 546—
were sold at l%s. 2s, and 2V4-S and
Verona Local School District, Ohio
Bond Offering — Beryl D. Hen-
2V2S,
sel, Clerk of the Board of Educa¬
J.
are
dated Feb. 1, 1949, and
?pi">rov.ed as *1 legality bv George
Fagin, of Oklahoma City.
•
School
Watcnga
Okla.
District,
Details—The $98,000
Sale
Bond
construction and equipment bonds
the First National
& Trust Co., of Oklahoma
purchased
Bank
THE
Number 4775
Volume 169
by
City, and Evan L. Davis, of Tulsa,
jointly, on a bid reflecting a net
interest cost of about 1.97%, as
previously noted in
169,
v.
2739
p.
payable
(J-J)
at
COMMERCIAL
the
County
Treasurer's Office. Enclose
tified
a
cer¬
cashier's check for $13,-
or
sewer,
The $75,000 storm
—
series B bonds offered Feb.
1—v.
169, p. 426—were awarded
to Blyth & Co., of Portland. Dated
OREGON
Jicntcn
/
Bond
Consolidated
County
Tillamook, Ore.
Offering—J. C.
38
Holden,
O.
(P.
Si/jO-D, Due Feb. 1, as follows: $7,from 1950,.to 1954 inclusive;
$8,000, 1955 to 1959 inclusive; $9,-
nual
000
on
000
from
and
1960
1963
to
inclusive,
Legality
$10,000 in 1964.
ap¬
proved by Winfree,
McCulloch,
Shuler & Sayre, of Portland.
ClucUamus
■
bounty Sch. Dist. No. S3
O. Colton), Ore.
!
Bond Sale—The $60,000 school
bonds offered on Jan. 31-^-v, 169,
CP'
546—were awarded to the First
p:
National
Bank
19," 7.
Shuler
Empire, Ore.
,
fire
to
engine
been sold
Bank, of
National
Portland, at
fur¬
be
No bid for less than par
accrued interest.
Enclose a
and
certified check for 2%
of bid.
PENNSYLVANIA
j
Bethlehem Housing Authority, Pa.
Notes Sold—An issue of $907,-
loan
temporary
notes
was
1 to the Besse¬
Feb.
on
Trust
mer
bonds- has
First
the
will
Portland
of
nished.
1949 and
Dated Feb. 23,
1949.
$18.00.
due Sept. 16,
49
Bond Offering
—
Rebecca Jen-
will receive
sealed bids until 8 p.m. (PST) on
sort,
Feb
8
Clerk,
District
for the purchase
of $685,-
building bonds; These bonds
000
authorized
were;
held
on
election
the
at
Dec. 16,1948.
No. 49 (P. O. Medford), Ore.
Bond Offering — Rebecca Jen-
District
son,
will
Clerk,
(PST) oh
Feb. 8 for the purchase of $685,000 not 'to exceed 3%
interest
Dated Jan. 1, 1949.
Denomination $1,000.
Due Jan. 1,
as follows:
$26,000 in 1951, $27,-
$29,000 in
19,50, $31,000 in
1958, -$33,000 in
1954,
1961,
and
1960
in 1953 and
1955, $30,000 in
1957, $32,000 in
1952, $28,000
O0Q in
from
1959.
second
at
a
$35,000
in
highest
of
incl.
1954
to
or
bidder
Brie Housing
was
the
,
Authority, Pa.
the
of Portland, will be fur¬
the successful bidder.
These bonds were authorized at
the election held on Dec. 16, 1948.
Enclose
a
certified
check for
nished
1969
Bond
$13,700.
which
lane County,
5
(EST)
Munson, of Philadelphia,
delivered
free
of
and after the
Springfield), Ore.
Bond
principal only. These
issued subject to the
opinion of Townsend,
be
Sale—The
$285,000
im¬
proceedings author¬
izing the .issuance thereof have
been approved by the Department
provement bonds offered Jan. 31 of Internal Affairs of the Com¬
v. 169, p. 155—were awarded to
monwealth.
Enclose a certified,
the First National Bank of Port¬ cashier's or treasurer's check for
land as 3V2s, paying a premium of 2%
of the face amount of the
$28.30. These are the bonds orig¬ bonds, > payable to the
District
inally offered on Jan. 10, for Treasurer.
r
all bids received were
which
jected- 1
■
re¬
Haverford
-r/t :
2325
School District No. S
(P. O. Albany), Ore.
Linn 'County
v
Bond
Offering
—
L. A.
White,
District Clerk, will receive sealed
bidif
until
7:30
p.m.
(PST)
on
Feb) 8-for the purchase of $650,009 not to
exceed
3%
interest
bonds. * Dated April 2,
Denomination $1,000.
Due
Bond
sealed
on
bids
$300,000
1949c
Feb.
8
Scott
receive
p.m.
15, 1949.
De¬
$1,000. Due $10,000
15, 1950 to 1979. Rate of in-,
terest to be named
or
will
Dated Feb.
nomination
until
Robert
(EST)
14 for the purchase of
improvement coupon
coupon
$85,000 Jan. 2 from 1952 to 1961
inclusive.
Principal and interest
—
Controller,
Feb.
bonds.
Township (P. O.
Darby Road, Oakmont,
Havertown), Pa.
Offering
Noone,
bidders in
a
•
by the bidder
multiple of % of
of
Philadelphia, at 0.94% in¬
City
Feb.
on
the
for
1/7;
,</
''
1949, and
I;
:
'•
•
A.
to
basis of about 1.398%.
1,
■
\
>
.•.V.rt'7.
Webster
1949
and
due
Dated Feb.
Feb.
on
from
1
1950 to 1959 inclusive. Second
bid of 100.52 for lV2s
Mifflin, Pa.
Sale—The \$355.000
obligation
Feb.
1—v.
gen¬
bon&js offered
169,
on
252—were
p.
awarded to
a group composed of
Co., Inc., George C. Applegate & Co., S. K. Cunningham
& Co., and Glover & MacGregor,
will re¬
(EST)
purchase of
Blair &
fol¬
all of
,,
Pittsburgh,
2s, at
as
price
a
101.67, a basis of about 1.803%.
$25,000,000 City bonds. Due $500,The bonds are dated Feb. 1, 1949
000 Jan. 1, 1950 to 4999. Au¬
and mature on Feb. 1 from 1950
thorized by ordinance of the
to
1969
inclusive.
Second high
City Council approved March
bid of 101.315 for 2s was made by
1, 1946, and ratified by vote
Stuart & Co. Inc., and
of the electors May 21, 1946. Halsey,
10,000,000 City bonds. Due Jan. Aspden, Robinson & Co., jointly.
.
1, as follows: $160,000 in 1951
$170,000 in 1953 and
1954, $180,000 in 1955 and 1956,
$190,000 in 1957 and 1958,
in 1959
in, 1961
$220,000 in 1963
$230,000 in 1965
$240,000 in 1967
$250,000 in 1969
$260,000
in
1971
$270,000 in 1974
$280,000 in 1976 to
and
and
Bond
and
1968,
1970,
1973,
1975,
and
to
and
tered
1981
1987, $330,000 in 1988 and
1989, and $340,000 in 1990.
Part of a $34,000,000 loan au¬
thorized by ordinance of the
City Council approved March
1, 1946, and ratified by vote
Trust
designated by the
multiple of y4 of
.
will
be
or
expected
to
are
bidder
1%.
will
be
that
be
in
a
receive
for
2%
1952
Central
1968.
j
ft '
j
«
(
'
•
for
f
p.m.
bonds
are
Hanover
Bank
&
Trust
Purchasers
will be furnished with the
printed
bonds and an opinion on their va¬
lidity
by
ditioned
must
a
Huger
<
on
be
Bids
Sinkler,
shalll
r
to
i
be
rates
of
within 30 days after
sale, the printed and ex¬
and
award of
ecuted
bonds and the approving
legal opinion of Dorsey, Colman,
Barker, Scott & Barber, of Minne¬
apolis.
Bids will be prepared ac¬
cording to lowest net interest cost
total interest payable to the stated
maturity dates at the coupon rate
less than
of
and accrued in¬
par
cashier's
or
draft
of
(
■'
-i
"
$1,000,
.
t
A
cer¬
bank
or
$1,800, payable to the
City Treasurer, is required. " \
;
S. Dak.
Sisseton,
Bond
Sale
v
7
The
$150,000 gen¬
eral obligation*water system bonds
—
on Feb. 2—v. 169, p. 546—
awarded to the Allison-Wil¬
were
liams
at
Co., of Minneapolis, as 2V2s,
price of 100.67, a basis of
a
about
2.432%.
dated Jan.
The
bonds
are
1, 1949 and mature
on
Jan. 1 from 1950 to 1969 inclusive.
The bonds
maturing from 1964 to
are optional on Jan.
1959 or on any subsequent in¬
terest payment date at a price of
par. Second high bid of 100.21 for
$100,000 2%s and $50,000 3s, or a
net interest cost of about 2.74%,
was
made by the First National
Bank of Minneapolis.
1969 inclusive
1,
Dickson, Tenn.
Bond
Offering—H. C. Thomp¬
Town Recorder, will receive
son,
sealed
bids until
7:30 p.m.
(CST)
purchase of
$385,000 not to exceed 4% interest,
on
Feb.
18
for
the
natural gas system revenue,
1949 bonds.
Dated Jan. 1,
•.;
series
1949.
Denomination $1,000.
Due Jan. 1,
as follows: $7,000 in
1952, $8,000 in
$9,000 in 1954, $10,000 in
$11,000 in 1956, $12,000 in
1957 and 1958, $13,000 in 1959 and
1960, $14,000 in 1961 and 1962,
$15,000 in 1963 and 1964, $16,000
in 1965, $17,000 in 1966 and 1967,
$18,000 in 1968 and 1969, $19,000
1953,
1955,
in 1970, $20,000 in 1971 and 1972,
$21,000 in 1973, and $22,000 in 1974
to 1976. Bonds numbered from 222
to
385, shall be callable in inverse
order, upon 30 days'
published notice on Jan. 1, 1958,
numerical
interest payment date
at par, plus accrued
interest and a premium for each
or
on
any
thereafter,
so
called
as
follows: $30 per
July 1,
1965, $20 per bond called Jan. 1,
1966 to July 1. 1970, $10 per bond
called
thereafter
prior to ma¬
turity.
Principal
and
interest
(J-J) payable at a bank mutually
satisfactory to the purchaser and
the Town.
Bidders are requested
to
name
in
a
rate
or
rates of interest
multiple of % of 1%.
The
Town will supply the approving
opinion of Chapman & Cutler, of
Chicago,
and
executed
bonds,
without cost, to the purchaser, and
a
all
bids
Delivery
must
of
be
the
conditioned.
so
bonds
will
made at Nashville. Enclose
tified check for 2%
a
be
cer¬
of the bonds,
payable to the Town.
Gatinburg, Tenn.
this opinion. All bids
or
pay¬
the Town Treasurer.
.-H ''
check
for
con¬
accompanied by cash
certified check for
able
noon
,:s~ v
Said
Co., New York City.
Bond Offering — The Commis¬
sioners of the Sinking Funds will
receive sealed bids at the
City
•i'Tk'kr
to
Charleston.
until
7
registerable as to principal. Prin¬
cipal and interest payable at the
which the bid is
made, payable to
office,
until
1, 1949. Denomina¬
$1,000. Due March 1, as fol¬
lows: $1,000 in 1951, and $2,000 in
the City.
Controllers
bids
tion
the
principal amount of the bonds
sealed
Dated March
de¬
of
or
designated
bond called Jan. 1, 1958 to
(EST) on Feb. 14 for the purchase
of
$35,000 water - works bonds.
definitive
for
chaser
bond
Pendleton, S. C. ./ ■
Bond Offering—M. L. E. Aull,
Town Clerk, and Treasurer, will
Interest
available
check
on
SOUTH CAROLINA
livery before Nov. 1, 1949: Enclose
a
certified,
bank^ cashier's
or
treasurer's
purchaser
payment in Boston funds.
but the first interest payment on
Jan. 1, 1950, will be for 10 months.
is
delivered to the
about March 3,1949, at the First
Bank of Boston, against
1946.
be
bonds
genuineness by the First Na¬
National
payable at the office of
the City's fiscal agent semi-an¬
nually, on January and July 1,
It
No tele¬
tional Bank of Boston. Bonds will
City. The rate
interest
to
as
Dated March 1, 1949. Payable at
the Philadelphia National Bank,
of
Co., Providence.
gality approved by Rope, Gray,
Best, Coolidge & Rugg, of Boston.
They will be prepared under the
supervision of and authenticated
9,200,000 City bonds. Due $460,000 Jan. 1, 1951 to 1970. Au¬
thorized by ordinance of the
City Council approved March
1, 1946, and ratified by vote of
rates
1,
Due
phone bids will be accepted. Le¬
of the electors May 21, 1946.
or
Feb.
$1,000.
at
and
fiscal agent of the
Dated
First National Bank, of Boston, or
the
Rhode
Island
Hospital
1984 and 1985, $320,000 in 1986
the electors May 21,
bonds.
1949.
$40,000 Feb. 1, 1950 to 1974.
Bidders
to name a single rate of interest
in a multiple of 14 of 1%.
Prin¬
cipal and interest payable at the
1978, $2901980, $300,000
1983, $310,000 in
to
Rate
be
by the
successful bidder in a multiple of
1/4 or 1/10 of 1%.
The City will
furnish without cost to the pur¬
A.
Treasurer,
Denomination
000 in 1979 and
in
City
will re¬
ceive sealed bids until noon (EST)
on
Feb. 10 for the purchase of
$1,000,000 sewerage loan, Act of
1939, series G. coupon or regis¬
1964,
1966,
and
to
TENNESSEE
Cranston, R. /.
Offering — William
Brown,
1960,
1962,
and
bidder.
interest
RHODE ISLAND
and 1952,
$200,000
$210,000
cessful
offered
West
Bond
of
-
Principal and interest (J-J) pay¬
able at any suitable banking in¬
stitution designated by the suc¬
high
made by
was
Fauset, Steele & Co.
noon
as
-7
,
awarded
eral
.
.
Dated Feb. 23,
Aug. 12, 1949.
on
"
in inverse order of serial numbers.
terest will be considered.
Tie-
J.
$44,200,000 bonds, divided
lows:
'7
were
Controller,
24
:
after, at
Dougherty & Co., of Philadelphia,
tified
as
lV2s, at a price of 100.547, a
Robert M.
Offering—Frank
mann,
tempo¬
—
Philadelphia, Pa.
ceive sealed bids until
&
interest payment date there¬
par and accrued interest,
any
Quakertown, Pa.
Bond Sale
The $80,000 im¬
or rates specified, less the amount
provement and equipment bonds
of any premium offered.
No bid
offered on Feb. 2—v. 169, p. 426—
District
Bond
on
to
will
Co.
Secretary, will
sealed bids until 7 p.m.
(EST) on Feb. 7 for-the purchase
of $17,500 improvement bonds.
.
Willamene Park and
charge to the purchaser, only if
O.
Recreation District'(P.
gen¬
The
—
&
Exchange National Bank & Trust
$200,000
Offering
pre¬
loan, 26th series notes offered
Feb. 1, were awarded to the Corn
Middletown School District, Pa.
Houser,
been
have
rary
on
incl.
bids.
Note Sale—The $775,000
Feb. 1 from 1950
second highest
bidder was Halsey, Stuart & Co.,
for 2s, at a price of 101.76.
1, 1949. Due
all
or
Pennsylvania
face
terest.
to
any
Philadelphia Housing Authority,
treas¬
bonds, payable to
Sale—The
Feb.
on
by Townsend,
Elliott
Munson, and Morgan, Lewis
Bockius, both of Philadelphia.
due
bid combining two different rates
of interest will be accepted. Regisare
the
made
pared
obligation bonds offered Jan.
169, p. 252—were awarded
Co., Inc., and Arthurs,
Lestrange & Klima, of Pittsburgh,
as
l%s, at a price of 100.14, a
basis of about 1.73%. Dated Feb.
18 for the purchase of $49,-
bonds
of
of
2%
be
reject
opinions
Legal
27—v.
Offering—Mark R.-Basehore, Secretary of the Board of
School
Directors,
will
receive
Elliott &
the
for
will
to
eral
Bond
favorable
check
form
right
En¬
or
Fourche, S. Dak.
and prepayment on said date and
Interest A-O.
29. The Commissioners reserve the
to Blair &
(P. O. Mechanicsburg,
R; D. No. 4), Pa.
as
Commonwealth.
the
tive
Af¬
certified, cashier's
'
1951.
Midland, Pa.
Hampden Township School District
terable
of
a
Bond
general
obligation coupon
payable at the County Treasurer's 000
office or at the fiscal -agency of bonds. Dated March 1, 1949. De¬
nomination
$1,000.
Due $2,000
the State in New York City, at
Bidders to
the option of the purchaser. Bids March 1, 1950 to 1969.
name the rate of interest in a mul¬
rpustlbe for hot less than par and
tiple of Vs of 1%.
Bids will be
accrued interest to date of deliv¬
received for the entire issue at
ery. The approving legal opinion
of Winfree, McCulloch, Shuler & any one rate of interest, but no
Sayre,
Internal
SOUTH DAKOTA
Belle
2%
Delivery of the bonds in defini¬
Township Treasurer.
City, at 1% interest, plus a pre¬
mium of $20.00. Dated Feb. 23,
1949 and due Sept. 2, 1949.
Feb.
for
ac¬
issued sub¬
are
of
Department
notes was awaked on Feb. 1 to
the Bessemer Trust Co. of Jersey
sealed bids until 6 p.m.
bond
rates
type will be
same
The bonds
urer's
Citi¬
Notes Sold—An issue of $1,190,000
temporary loan, 10th series
1962,
type
bid combining
interest
more
ject to the favorable opinion of
Townsend, Elliott & Munson, of
Philadelphia, and will be deliv¬
ered
to
the
purchaser free of
charge only if and after the pro¬
ceedings authorizing the issuance
thereof have been approved by
The
Parsons, for 2%s,
price of par.
$34,000 in
$30 000 in 1963, $37,000 in 1964,
$38 000 in 1965, $39,000 in 1966,
$40,000 in 1967, $41,000 in 1968,
$411000 in 1969, and $44,000 in
1970. Principal and interest (J-J)
1950
Bank
zens
receive
scaled bids until 8 p.m.
school bonds.
Twp. (P. O. R. D. No. 2,
Dallas), Pa.
Bond Sale-r—The $9,000 general
obligation bonds offered Feb. 2
—v.
169, p. 426—were awarded
to Butcher
Sherrerd, of Phila¬
delphia, as 2V2s, at a price of
100.17, a basis of about 2.43%.
Dated Jan. 15, 1949. Due on Jan.
15
Jackson County ^School District
two
no
55
Bend Offering — L. P.
Miller,
Refunding
bonds.
Due $100,000 Jan. 1, 1964 to City Auditor, will receive sealed
and
oral
bids
until
7:30
p.m.
1967. These bonds are part of
(CST) on Feb. 14 for the purchase
a
$2,400,000 issue authorized
of $88 000 not to exceed
3V2% in¬
Nov. 9, 1942. Interest J-J.
terest paying coupon bonds. Dated
1,200,000 2% Refunding bonds.
Feb. 1, 1949.
Due Jan. 1, as fol¬
Due $240,000 July 1, 1964 to
lows: $8,000 in 1952, $5,000 in 1953
1968. These bonds are part of
to
1962, and $10,000 in 1963 to
a
$4,950,000 issue 'authorized
1965.
Bonds having stated ma¬
Nov. 1. Interest J-J.
turity dates later than Jan. 1, 1957,
2,400,000 4%% City bonds. Due
Oct. 26, 1981, callable Oct. 26, will be each subject to redemption
receive
of 100.30.
a price
County School District
{P. O* Medford), Ore.
differ, but
cepted.
each
for
may
Co., of Jersey City, at
plus a premium of
Dallas
Jmkson
rate
interest,
1%
$400,000
callable bonds and the
or
interest
amount
one
follows:
paying date thereafter.
Bidders
may submit
bids for both non-
interest-paying date on and
year from date.
Prin¬
cipal and interest payable at the
office of the City Recorder.
The
approving opinion of John W.
any
after
(EST) on Feb. 15 for the purchase
$4,000,000 bonds, divided as
ity at the option of the Township
Feb. 15, 1954, or on any interest
callable
(651)
of
for
on
fairs
awarded
Bonds Sold—An issue of $10,000
the
principal
non-call-
as
as
whole
close
000
•
in
City
of
Portland, as
23/4S,; Dated Jan. 1, 1949, and due
$10,0'00 on Jan. 1 from 1954 to
1959, inclusive. Optional Jan. 1,
with
received
inverse numerical order of matur¬
reserving the right to take up and
cancel any or all of said bonds
instalments,
to
CHRONICLE
bonds subject to
or
in part in the
or
bonds of the
City Recorder, will received sealed
bids until 5 p.m. (PST) on Feb. 7
Route 3, Corvallis), Ore.
Bond Sale—The $121,000 school for the purchase of $90,000 not to
exceed 3V2% interest sewage dis¬
bonds
offered
on
Feb.
1
were
awarded to First National Bank posal plant bonds.
Dated as the
of Portland, on a bid reflecting a Common Council may designate.
net interest. cost of about 2.65%. Denominations not less than $100,
Due in 10 equal an¬
B;tL d Feb. 1, 1949. Denomination as desired.
Dist. No.
Sch.
as
be
the entire issue either
call
Ore.
Medford,
Sale
Bond
Registered
Bids will
-
only.
y able bonds
000, payable to the District.
—were,sold as l3/4s, 2s and 214 s,
Jan. 1, 1949. Due on Jan. 1 from
are' dated
Jan. 1, 1949, and ap¬
1951 to 1970 inclusive. The second
proved as to legality by George J.#
highest bidder was Pacific North¬
Fa gin, of Oklahoma City.
west Co., Seattle.
\
1%.
FINANCIAL
&
Bond Sold—^An issue of $560,000
water
works
system
been sold to R. W.
f-
.
bonds
has
Spragins & Co.,
^ Sijxt* "waww nwu.^fuwy i
A,
S6
(652)
of
Memphis.
THE COMMERCIAL
These
bonds
were
authorized at the election held
on
Oct. 29.
Hadison County (P. O. Jackson),
I
pnnpffCDtf
The bonds
being issued subject
opinion
of
approving
Chapman & Cutler,
of
Chicago,
which opinion and printed bonds
will be furnished at the expense
of the
Bond
are
the
to
County. Enclose
a
certified
Sale-The $500,000 highcheck for $2,000, payable
bonds offered Feb. 1—v. 169,
County Trustee.
426—were awarded to the First
way
to
the
•National
Bank, of Memphis, and
TEXAS
Associates, as 2V2S, at a price of
fMtr.
Dated Feb. 1,; 1949. Due on
Dallas, Texas
®"eb. 1, from 1966 to 1968, incl.
'/:. Bond Sale—The $3,900,000 gen¬
eral obligation bonds offered Feb.
Paris, Tenn.
1—v. 169, p. 427—were awarded
Bond Offering—Phillip Watson,
to a syndicate composed of the
Mayor, will receive sealed bids
National City Bank, of New York,
«intil 11 a.m. (CST) on Feb. 9 for
Drexel
&
Co., of Philadelphia,
the purchase of $485,000 not to
Trust Co. of Georgia, of Atlanta,
exceed 4% interest water works
Braun, Bosworth & Co., Inc., To¬
improvement, series 1949 bonds.
ledo, Schoellkopf, Hutton & PomRated Jan. 1, 1949. Denomination
eroy of Buffalo, First Southwest
$1,000. Due Jan. 1, as follows: $5,Co., of Dallas, J. C. Bradford & Co.,
:
©00 in 1950 to 1953, $10,000 in 1954
of Nashville, Provident
Savings
to 1957, $15,000 in 1958 to 1962,
Bank & Trust Co., of Cincinnati,
$20,000 in 1963 to 1969, $25,000 in
Lyons & Shafto, of Boston, An¬
t970 to 1975, and $30,000 in 1976
drews & Wells, Inc., Byrne and
#uid 1977.
All bonds maturing on
Phelps, Inc., both of New York,
or after Jan. 1, 1955, shall be subWurts, Dulles & Co., Philadelphia,
feet to redemption, at the option and
Blewer, Heitner & Glynn, of
of the City, in inverse numerical
St. Louis, at a price of 100.06, a
order on Jan. 1, 1954, or on any
basis of about 1.92%, as follows:
•nterest payment date thereafter,
$2,000,000 water works improve¬
mipon 30 days published notice, at
ment, series No. 258 bonds:
faar and accrued interest plus a
$400,000 5s, due on Feb. 1
®iremium of $40 as to each bond
v
from 1950 to 1953 incl., and
called on Jan. 1, 1954 through Jan.
$1,600,000 13/4S, due on Feb. 1
t, 1959; a premium of $30 as to
/:
from 1954 to 1969 incl.
tfcA each bond called on July 1, 1959
400,000 sanitary sewer and sew¬
^through Jan. 1, 1965; a premium of
age disposal plants, series No.
$20 as to each bond called on July
259 bonds: $80,000 5s, due on
t, 1965 through Jan. 1, 1971; and
Feb. 1 from 1950 to 1953 incl.,
a premium of $10 as to each bond
and $320,000 13/4S, due on Feb.
called on July 1, 1971 and there¬
1 from 1954 to 1969 incl.
after. Principal and interest (J-J)
640,000 street opening and widen¬
fiayable at the Guaranty Trust Co.,
ing,
series No. 260 bonds:
•Jew York City.
Said bonds will
$160,000 5s, due on Feb. 1
t*e sold for not-less than par and
from 1950 to 1954 incl., and
accrued
interest.
All
interest
$480,000 13/4s, due on Feb. 1
«ates bid must be in multiples of
from 1955 to 1969 incl.
'
of 1%. The approving opinion
460,000 street paving, series No.
<©f Chapman & Cutler, of Chicago,
261
bonds: $115,000 5s, due
together
with
the
completed
on
Feb. 1 from 1950 to 1954
fconds, will be furnished to the
incl., and $345,000 l%s, due
^successful bidder without cost. Enon
Feb 1 from 1955 to 1969
close a certified check for $9,700,
incl.
s
*■
v
proved by McCall,
Crowe, of Dallas.
storm seWer improveseries No. 262 bonds:
$80,000 5s, due on Feb. 1 from
1950 to 1953 incl., and $320,-
400,000
-ment,
Portland, Tenn.
Bond Offering—T. R. Neal, City
Recorder, will receive sealed bids
000
«mtil 1 p.m.
(CST) on Feb. 18 for
purchase of $225,000 not to
exceed
4% interest natural gas
Dated
the election held in
Stearns &
water
and
William
1969, $12,000 in 1970 and
from 124 to
N.
order,
30
upon
days'
$15 per bond called Jan. 1, 1966 to
July 1, 1970, $5 per bond called
thereafter prior to maturity. Prin¬
and interest (J-J) payable
mutually satisfactory
cipal
at
bank
a
purchaser and the City.
Didders are requested to name a
rate or rates of interest in a mul¬
to
the
tiple of Vi of 1%.
Not
rates of interest
three
jspecified
and there
more
than
should be
shall be
no
Ector
Bond
County (P. O.
Odessa), Texas
Offering—Raymon Stoker,
bonds
purchased
from
1950
than
one
rate for
any
on
Jan. 22.
approving opinion of Chapman &
Cutler, of Chicago, and executed
without cost, to the pur¬
chaser, and all bids must be so
fconds,
conditioned. Delivery of the bonds
will
close
be
a
made
at
Nashville./ En¬
certified check for 2%
the bonds, payable to
the City.
Putnam
^5
of
Lakeview,
with the opinion
Enclose
same.
Prin¬
until 10:30
for the
1,
O.
Bonds
Sold—An issue of $50hospital bonds has been sold
to R. A. Underwood & Co., of
Dallas, as 2s and 2M>s. Dated Dec.
15, 1948. Legality approved by
McCall, Parkhurst & Crowe, of
000
water
and
bonds
sewer
been "purchased by the
Investment Co. of Texas,
las,
has
2M>s, 3s and 3%s.
Dated
Dec. 15, 1948. Legality approved
by Dumas, Huguenin & Boothman, of Dallas. The bonds were
authorized
at
an
election
Dec.
3.
Plainview,
Texas
Bonds Sold—An issue of
$200,-
000 3% water and sewer improve¬
ment
bonds
has
been
purchased
of
Dallas.
The
bonds
are
15, 1949. Legality ap¬
Dumas, Huguenin.. &
by
Bothman, of Dallas.
Aberdeen, Wash.
169,
p. 427—were
Pacific National
the
to
Seattle,
as
l3/4s,
at
a
awarded
Bank, of
price of
100.20.
Due
date.
from
The
2
to
last
on
20
were,
to
a
bridge construction
the same date,
State, on a bid
net interest cost of
sold. These bonds
at
the
1948.
'
election
were
held
from
4%
Bond
the
on
Oct.
on
Seattle), Wash.
are
dated Jan.
Texas
Call—Ben
of
$500, and in
the principal amount of $15,000,
are
called
for
redemption
on
March 1, 1949. The bonds will be
redeemed according to their terms
by paying principal and accrued
interest upon their presentation,
with unpaid interest coupons at¬
tached, to the Central Hanover
ris, County Auditor, will receive
a.m. (PST) on
17 for the purchase of $4,-
sealed bids until 10
Feb.
250,000 not to exceed 4% interest
bonds, divided as follows:
Bridge
bonds.
Due
March 1, as follows: $185,000
in 1951, $190,000 in 1952, $195,000 in 1953, $200,000 in 1954,
$205,000 in 1955 and
1956,
$210,000 in 1957, $215,000 in
1958, $220,000 in 1959, $225,000 in 1960, $230,000 in 1961,
$235,000 in 1962r $240,000 in
1963. and $245,000 in 1964.
$3,000,000
1,250,000 Juvenile Court Build¬
ing bonds.
Due March 1, as
follows: $130,000 in 1951 and
$135,000
1952,
,,
.
1954,
„
in
1953
and
$140,000
in_1955
and
opinion of Pres¬
Enclose
same.
certified
a
bid.
VIRGINIA
WEST
Webster County (P.
Webster
West
O.
Springs),
Virginia
Bond Offering—Charles
Harold,
Clerk
County Court, will receive
sealed bids until 10 a.m. (EST) on
March 1 for the
000
not
purchase of $150,2lk% hospital
exceed
to
by
$125,000
obligation
bonds
pur¬
by Blyth & Co., and the
Seattle-First National Bank, both
of Seattle, jointly, on a bid reflect¬
ing a net interest cost of about
2.33% as previous)^ noted inJv.
*
169, p. 252—were sold for a price
100.32, as follows:
of
$58,000 2s.
Due
Feb. 1 from
on
1951 to 1957 inclusive.
67,000 2V2s.
1958 to 1964 inclusive.
Dated Feb.
were
Co.
the
to
awarded
Trust
of Jersey
Bessemer
City
fol¬
as
lows:
WISCONSIN
Wis.
Madison,
Offering
Bond
A. W. Bareis,
—
City Clerk, will receive sealed and
10 a.m. (CST)
on
Feb.
10 for the purchase of
and oral bids until
to
not
$1,000,000
exceed
vocational
terest
March
3%
school
in¬
bonds.
1949. Denomina¬
1,
Due March 1, as fol¬
lows: $65,000 in 1955 to 1964, and
tion $1,000.
in 1965 to
1969.
All in¬
terest rates bid must be in a mul¬
tiple of Vi of 1%, and no bid shall
specify more than one rate of in¬
terest which shall apply
to the
issue
entire
and
no
bid
will
be
considered for less than all of the
bonds.
$788,000 21st series notes, at 1.01%
au¬
general election on
Nov. 2, 1948.
Enclose a certified
check for $2,500, payable to the
Country Sheriff.
$70,000
1, 1949.
Attorney-
the bonds
are
thorized at the
Dated
Due on Feb. 1 from
State
the
These
chased
Interest
Said bonds
M-S.
will be the direct general
22nd
series notes, at
interest, plus a pre¬
mium of $3.00.
obliga¬
being is¬
sued
subject to the approving
opinion of Chapman & Cutler, of
Chicago, which opinion, together
with the completed bonds will be
dated Feb. 23,
furnished to the successful bidder,
interest,
$17.00.
plus
a
premium
of
591,000
1.02%
All the notes
are
Skamania County
Bond
Jan.
Sale—The
$24,000
construction
31—v.
bonds
169,
at
the
must
(P. O.
Stevenson), Wash.
house
tion of the City and are
of the City. Bids
certi¬
fied check for $20,000, payable to
the City Treasurer.
court
1949, and due on Sept. 16, 1949.
offered
WYOMING
2%s, at a price of par. Due on
1, from 1952 to 1969, incl.
The
second
highest bidder was
State Finance Committee, for23/4s,
at a price of par.
Fremont
as
Jan.
Washington Toll Bridge Authority
(P. O. Olympia), Wash.
Call—J.
W.
expense
be accompanied by a
427—were
p.
awarded to the Bank of Stevenson
King County (P. O.
Seattle), Wash.
Bond Offering—Robert A. Mor¬
bidder
Seattle, approving the legality of
the
general
numbered
Jan. 1, 1954.
1, 1949.
16,
announces
denomination
lost
authorized
Hayden, City
that refunding
bonds of 1936, Nos. 292 to 321, in
Clerk,
The
All of the bonds
:r\
Ferris,
date.
be sold with the
interest school bonds.
Bond Sale Details—The
on
bonds shall mature
are
ton, Thorgrimson & Horowitz, of
purchase of $289,000 not to
King County, South Central School
District No.
406
(P. p.
Jan. 1, 1969.
the
at which the
par,
General.
The $375,000
awarded
above
proved
years
numbered
Bidders
office.
Treasurer's
required to submit a bid specify¬
ing either (a) the lowest rate of
interest
and
premium,
if any,
Feb. 24
Horowitz, of Seattle.
-
from
on
Housing Authority, Wash.
Note Sale—The $1,379,000 tem¬
porary loan notes offered Feb. 1
Bond Sale—The $90,000 public
safety building bonds offered Jan.
26—v.
(PST)
a.m.
Seattle
WASHINGTON
not
school,
Wash.
County
1, 1949. Due March
follows: $12,000 in 1951 to
as
by the Central Investment Co. of
Texas,
to ^exceed
4% interest
general obligation bonds.
D^ted March 1, 1949. Denomina¬
tion $500.
Pue March 1, as fol¬
lows: $1,500 in 1951 to 1954, $2,000
in 1955 to 1965, and $2,500 in 1966
to
1969.
Principal and interest
(M-S)
payable at the County
000
&
Central
of Dal¬
as
bids until 2 p.m. (PST) on
for the purchase of $38,-
15
approved by Preston, Thorgrimson
.
Texas
Feb.
Ivarson,
receive
will
coupon '
bonds.
Denominations
Due $7,500 Dec.
1963, $17,000 in 1964 and 1965, $1,000 and $500.
31,. 1949 to 1968.
Principal and
$18,000 in 1966 and 1967, $19,000 in
interest (J-D) payable at the State
1968, and $20,000 in 1969.
The
District has reserved the right to Treasurer's office, or at the Web¬
call all outstanding bonds at par ster Springs National Bank, Web¬
The jbonds will be a
in inverse numerical order upon ster Springs.
general obligation of the County,
any interest payment date on and
after 10 years. Principal and in¬ payable from a direct levy of real
and personal property at, legally
terest
(M-S)
payable
at
the
authorized
rates. ' Legality
ap¬
County Treasurer's office. Legality
000
Muleshoe,
sealed
Treasurer,
check for 5% of the amount
1953, $13,000 in 1954 to 1956, $14,000 in 1957 and 1958, $15,000 in
1959 to 1961, $16,000 in 1962 and
Parkhurst & Crowe, of Dallas.
Bonds Sold—An issue of $300,-
check
Dated March
sold to Barcus, Kindred &
Co., of Austin, and J. Wylie Har¬
ris & Co., of Houston, jointly, as
33/4s and 4s. Dated Jan. 15, 1949.
Legality
approved
by
McCall,
./" /./.'
O.
Bond Offering—Orland
County
Treasurer will receive sealed bids
been
•
certified
a
No. 216 (P. O. Seattle),
Bond Offering — The
exceed
•
(P.
Wash.
King County, Emunclaw Sch. Dist.
$175,000 street improvement bonds has
Dallas.
of Preston,
&
for 5% of the amount bid.
Texas
County (P.
Dumas), Texas
SOS
said
Horowitz, of Se¬
attle, approving the legality of the
Bonds Sold—An issue of
Moore
30
to
Thorgrimson
bout 2.35%. Due from 2 to 5 years
County Road District No. 1
(P. O. Waxahachie), Texa&~
Bonds Sold—An issue of $700,000 improvement bonds has been
County (P. O.
Cookeville), Tenn.
Bond Offering — A. L. Brown,
Bank & Trust Co., New York City.
County Clerk, will receive sealed
fcids until 11 a.m. (CST) on Feb,
Frankston, Texas
21 for the purchase of $100,000
Bonds Sold—An issue of $50«iot to exceed 4% interest hospital 000
waterworks
improvement
fconds.
Dated Oct. 1, 1948.
De¬ bonds has been sold to R. S. Hud¬
nomination
$1,000.
Due
$5,000 son & Co., of Dallas, as 3%s.
Oct. 1, 1951 to 1970. Interest A-O. Dated Dec..
1,, 1948. Legality ap¬
sold
cipal and interesct payable at the
First National Bank, Dallas. Le¬
gality approved
by
Dumas,
Huguenin & Boothman, of Dallas.
reflecting
Ellis
one
•naturity. The City will supply the
incl.
purchase
No.
will purchase the bonds, or (b)
lowest
rate
of interest
at
County.
The the
County will supply the necessary -which the bidder will purchase
printed bonds. Said bonds will be the bonds at par.
The bonds will
Rauscher,
1959
to
will
the
within
forfeited
Co., of Dallas, as 3s, at
a price of
par, as previously noted
in—v. 169, p. 427—are dated Dec.
15, 1948. Denom. $1,000. Due Jan.
15
bidder
purchase of said
days following
acceptance -of his bid, the
amount
of his deposit shall
be
Texas
by
the
bonds
Pierce &
bonds
tion held
in¬
of
premium, if any, above
at which said bidder will pur¬
complete
works, sewer improvement
extension revenue, series 1
bids until Feb. 10 for the purchase
of
$450,000 road bonds.
These
authorized at the elec¬
rates
or
the
water
and
County Judge, will receive sealed
were
rate
County, Meridian School
Bellingham),
1949. Denomi¬
said bonds at par.
If the success¬
ful bidder shall fail or neglect to
as
bonds shall mature
bonds
lowest
which
Edwards
Jacksonville,
'
jtnore
im¬
.Bond Sale Details—The $90,000
proved
for $975,000 as 4V4S,
and for $2,925,000 as l3As, at
a price of par.
1,
chase said bonds, or (b) the low¬
est rate
or
rates of interest at
&
Co., of
3V2S, at a price
of par. Dated Jan. 1, 1949. Legal¬
ity approved by Dumas, Huguenin
& Boothman, of Dallas.
dated Jan.
jointly,
JK25 shall be callable in inverse
fciumerical
par
$52,000
extension
sewer
Worth,
&
.Coffin
Co., Martin, Burns &
Corbett, R. D. White & Co.,
Wm. E. Pollock & Co., Moss,
Moore & Co., Courts & Co.,
and Jones B. Shannon & Co.,
$11,000 in
tniblished notice on Jan. 1, 1958 or
any interest payment date there¬
after, at par plus accrued interest
and a premium for each bond so
called as follows: $30 per bond
called Jan. 1, 1958 to July 1, 1965,
Weeks, Bear,
Co., Eastman, Dil¬
March
$1,000.
Principal and in¬
(M-S)
payable
at
the
County Treasurer's office or at the
fiscal agency of the State in New
York City. Bidders are
required to
submit a bid specifying either (a)
provement bonds has been sold to
Forth
Whatcom
District
terest and
&
Co.,
and
1957
nation
Hereford, Texas
law
in 1975 and 1976. All of
bonds numbered
the
&
in
terest
the
Bonds Sold—An issue of
& Burr,
Graham, Parsons & Co., Laid-
1971, $13,000 in 1972 to 1974, and
$14,000
Dated
Dated Oct. 1, 1948.
lon
1960, $8,000 in 1961 and
1966,
Feb.
Hornblower
1962, $9,000 in 1963 and 1964, $10,to
.
$145 000
1956,
Sept. 28, 1948.
highest
$1,000. Due Jan. 1, as follows: $3,©00 in
1952, $4,000 in 1953 and
1954, $5,000 in 1955 and 1956, $6,©00 in 1957 and 1958, $7,000 in
1967
Feb. 1 from
1, 1949. The second
bidders
were
the
Union
Securities
Corp.,
of
New York, Estabrook & Co.,
Equitable
Securities
Corp.,
"
eystem revenue, series 1949 bonds.
Dated Jan. 1, 1949. Denomination
and
on
1954 to 1969 incl.
the
1965
13/4s, due
Monday, February 7, 1949
1958, and $150,000 in 1959.
the First National Bank, of Goliad.
These bonds were authorized at
-
in
&
County (P. O.
Goliad), Texas
Bonds Sold—An issue of $30,000
hospital bonds has been sold to
.
1959 and
Parkhurst
,
-
©00
CHRONICLE
Goliad
'
payable to the City Treasurer.
FINANCIAL
&
County Sch. Dist. No. 2S
(P. O. Riverton), Wyo.
Bond
Offering
—
E. F. Hackle-
District Clerk, will receive
sealed bids until 8 p.m. (MST) on
Feb. 21 for the purchase of $325,000
not
to
exceed 4%
interest
school
bonds,
Dated
March
1,
man,
Washington Toll Bridge Revenue
$5,000 in 1950 to 1956,
1963, and $20,000 in 1964 to 1974. Enclose a cer¬
bonds numbered 2551
tified check for 5% of the
Bond
retary,
announces
Hoover, Sec¬
that
Lake
to 3070
are
called for
payment at accrued in¬
terest plus payment of principal
1949.
Due
$10,000
in
1957 to
amount
bid, payable to the District Treas¬
urer.
and
premium, on March 1, 1949.
Payment
of
principal,
interest
and
premium
of
and
upon
the
bonds, will be made at the Seattle
Savings Bank, Seattle, or
at the option of the holder, at the
Chemical Bank & Trust Co., New
York City, upon presentation of
said bonds and appropriate cou¬
Trust &
pons
appertaining thereto.
Park
Powell Sch. Dist.
Powell), Wyo.
County,
(P. O.
Bond Sale Details—The
$125,000
building bonds purchased by the
First National Bank, of Powell, as
2s, at a price of 100.60, as previ¬
ously noted in v. 169, p. 252—are
due on Jan. 1 from 1950 to 1954
inclusive.
'
<•
@FedFRASER