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bus. ADM.
Library
MONDAY
JAN 24 1943
Reg. U. 8. Pat. Office
M'?Volume
169
Number 4771
New
General
RAILROAD
PUBLIC UTILITY
-
Abitibi Power & Paper Co., Ltd.—Initial Dividend—
the
initial
dividend
present
'record
since
of
outstanding
March
the
is
first
1928.
share
per
'•
has
payment
'
"
■;
Y
"
to
1
any
on
declared
been
payable April
stock,
common
This
l.
cents
25
W.
D.
'•
"The
■*
holders
Amerada
said that every effort will be made to
.Stock on a-regular quarterly basis.
"have no intentions of paying dividends
added;
intermittently."—V.
166,
Petroleum
Formed—
Corp.
New
—
-y
•
Y See Continental Oil'Co.
fuTpment, Inc.—Registrar Appointed-
Ralph
of
The
Bankers
registrar
stock.
'
Trust
the
for
See
Co.,
York,
New
cumulative
S3
also
V.
169,
Y.,
N.
preferred
201.
p.
has
stock
been
and
YY'
.
appointed
for
the
sole
S.
below.—V.
Overseas
explained:
168,
:\YYA.%>YYY.'-
myself
and
p.
including
YY
-
the
on
of
stock series A (par $100) at
par.
Proceeds will be added
to working capital.—V. 169, p. 202,
'
V :
the
v
Jan.
at
lp, offered 500 shares preferred stock (par $100)
parT Proceeds go to selling stockholder.—V. 169, p. 105.
-The
corporation
Pittston
in
Co.
Commission
order
an
1945.
and
December,
revealed
shares
8,000
continued
and
of
its
14.
transferred
Interstate
the
transactions,
voting trust
In
that
Commerce
the
common istock
Securities
month,
shares
16,700
the
After
280,286
the
of
to\the
report
a
Jan,
on
buying
to
p.
The
on
had
4,400
Period End. Nov. 30—
1947
been
in
that C.
Overseas
Airlines
Smith,
R.
both
of
December
Chairman
President.
as
,
of
to
approve
Pan
to
asked
Americal
Airways.
Oper.
$
June'5,
Air
totaled
cargo
ton
up 82.4%
for the year,
205,000 ton-miles last year.
Air
mail,
vious
Air
which
has
volumes
fr'om
year,
ton-miles
in
'
)
.
,
$
$
11,294.036
143,375,907
122,105,690
4,313,824
61,986,304
48,802,343
974,719
345,596
9,581,100
1,219,815
11,674,703
1,097,751 ' 13,802,408
1,257,267
1,238,895
13,092,594
Operation
Maintenance
Depreciatioft
income tax
,
,
Other taxes
1,078,296
12,494,038
945,764
12,048,582
$
..
:Y
12,714,286
12,253,696
10,407,598
December
•
1948,
income-,
Tr an spoliation,
water,
Other
gas
2,858,321
2,852,206
2,156
99,371
24,009
174,701
1,483,974
with
earned
stocks
31,369,873
2,962,284
33,033,548
on
862,938
12,638,949
in 1947
ton-miles
to
from
5,144,000
v.-.
ton-miles
;
Airfreight
volume
23,
of
2,099,346
20,394,599
Air
mail
month
December,
post
from
volume
rose
to
1,170,000
since
by
August,
1945.
1947.
About 20%
American
the
Airlines.
month
same
ton-miles in
14,363.482
13,683,544
It
in
Amer.
Gas
and
Elec.
&
subs,
Undistrib.
1,700,819
___
2,069,346
6,031,118
5,261,585
Co.
in
express
previous
December,
In
1,700,819
—
inc.
City
Co.
2,069,346
6,031,118
5,261,585
of
December, the best
639,000 ton-miles in
attributed to air parcel
December
to
year
1947.—V.
in
168,
577,000
v; %
V
was
down
ton-miles
0.2%from
undistrib.
income
Elec.
Co.
Total
:
of
Drt54,028
net
and
and
(parent
of
co.)
298,109
subs.
1,998,927
co.)
for
5,207,557
Y
Y'
98,981
15,677,584
15.510,612
2,168,326
21,708,702
20,718,169
139,683
147,669
1,861,367
1,722,867
12,451
system
common
I
Y Y
646
826,728
818,876
earns.
v
1,846,794
system earnings per
common
2,020,011
19,020,607
18,176,426
$4.24
$4.05
share
^Restated
to exclude from operating revenues and
operating revenue
the revenue and expenses of the transportation,
gas
and
water properties that were sold in
1948 or will be disposed of at an
early date.
^American Gas & Electric Co. is
currently proceeding with
deductipns
Its
a
plan
to
divest
subsidiary
Act
of
1935.
not
itself
of
$10,120
400,000
400,000
$0.06
$0.30
•
Y'•
;
its
retainable
J Prior to Jan.
investment
under
1,
the
in
Public
Co.—Weekly Input—
,
ACCOUNT
1948—3 Mos.—1947
46,49$2,904 40,49$1,160
1948—12 Mos.—1947
156,228,049
19,117,212
88,839,423
71,125,383
5,026,761
4,362.803
21,840,852
18,902,074
taxes—3,579,954
Prop, retirmt. and depl.
3,512,763
14,704,449
13,174,694
3,204,360
2,871,618
12,528,581
11,693,723
10,698,336
10,626,764
43,719,006
41,332,175
49,101
323,447
186,531
10,675,865
44,042,453
41,518,706
13,274,670
____
Federal
taxes
Other
approps.
oper.
Exchange
(Stocks).
Exchange
(Bonds)
York
Boston
Curb
Exchange
Stock
Stock
25
__1
29
,
34
Cleveland
Detroit
1947.—V.
168
Stock
Stock
________34
J
Exchange
Stock
St.
Louis
Stock
Francisco
Stock
35
Exchange......
____35
36
_Y
36
Exchange
Stock
Exchange
36
Stock
Exchange—Curb
Over-the-Counter Markets....
38
.38
Section
674,325
786,452
1,274,688
5,174,116
Y
5,004,241
3-5,071
580,922
137,201
5,750,930
5,752,485
24,637,760
22,316,142
5,750,930
24,637,760
10,665
22,316,142
10,665
5,752,485
'__YY
: 5,752,485
24,648,425
22 434,948
116,532
to
78,781
189,293
167,464
466,869
788,619
669,890
23,392,937
21,330,316
min.
of
&
Amer.
Light
Co.
in income of subs...
equity
&
(as
Lt.
Co.:
above)..
income
Total
Expenses
Income
...
—
.....
taxes
l._
Bal. carried to consol.
earned
—V.
169,
surnlus
American
after
Income
5,455,770
....
118,806
434,742
-
5,506,240
202.
p.
Safety Razor Corp.
9 Months Ended
Profit
'
Sept. 30—
taxes
and
(&
Subs.)—Earnings—
1948
charges
1947
1946
$892,279
$1,359,606
360,885
567,713
$4,704,828
2,050,923
reserve...
Net
profit
Capital
$531,394
shares
Earnings
per
$791,893
$2,653,905
1,413.600
1,413,600
1,414,506
$0.38
outstanding
$0.56
share
EARNINGS
FOR
THE
QUARTER ENDED SEPT.
41
42
.
1948
Net
profit
Earnings
.24
.—V.
$1.88
30
1947
1946
$112,484
per
$373,931
$822 872
$0.08
$0.26
$0 58
share.
167, p. 2569.
24
33
i
American Stores Co.—December Sales
Up 14.2%—
Period End. Dec. 31—
City Electric Co,
Utility Holding Company
p
3,329,381
284,240
12,975,330
189.657
5,761,595
applic.
39
Transactions New York Stock Exchange.;
Transactions New York Curb Exchange.
Stock and Bond Averages
3,363,329
1,293,353
res.
public.:—
37
_______
Exchange
Montreal Curb Exchange
Toronto Stock Exchange
Toronto
10,813,858
(net)__
surplus
to
equity
Other
,
216,589
to
Amer. Pwr.
Net
35
i__
Philadelphia Stock Exchange.
Pittsburgh Stock Exchange...;.
San
35
Exchange....
Exchange
115,522
—__Y_
deducts.
Power
34
Exchange.....
Stock
(net)....
income
divs.
Net
...13
Exchange.....
revenues...
income
interests
Atlantic
Sales—
2677
—V.
168,
1948—Month—1947
1948—12 Mos.—1947
$39,887,749 $34,921,344 $409,107,059 $380,861,052
_______
p.
2534.
Miscellaneous Features
Specializing in
Utah Power
Light
EDWARD L. BURTON & COMPANY
Established
1899
160 S. Main Street
Bell
'$0.03
Y Y
>' '
.
Page
Stock
Montreal
stock__
^
'
Oper. expenses,
exclud.
Y direct taxes23,983,493
Income
Stock
York
Los Angeles
(parent
company)
Consol.
6,031,118
deducts.
Fed. income tax
Consol.
2,069,346
&
undist.
income
Expenses
1,700.819
_
Gas
(parent
inc.
net
subs
Amer.
V $0.14
$118,375
181,632,311
reserve
This Issue
New
Cincinnati
T"'
Total
2634./'
Operating4revenues
2677.,.
p.
Chicago Stock Exchange..
Elec.
—
Income of
,
1948—9 Mos.—1947
$22,655
400,000
,:.
vY'. CONSOLIDATED INCOME
•.
Atlantic
sha^re....
Period End. Nov. 30—
Stock and Bond Quotations
.YY
Baltimore
income
(as above)
tUndistrib. net
'
Y" Y
regularly flies between
the week ended Jan. 13, 1949, the System inputs of subsidiaries
this company amounted to 256,246,000 kwh., an .increase of
18,363,O00 kwh., or 7.72%s over the corresponding week of last
year..
Transfer
New
consol.:
net
No¬
29,106
of
1947
with
of the volume is
Air
the
ton-miles
compares
New York
income
consol.
which AOA
400,000
.
American Power & Light
Other
18,945,129
30,000
net
in
for
For
Portion
231,000
subs,
.
61,121
from
accounted
1948—3 Mos.—1947
outstdg.^
per
consider¬
com.
1,931,819
Undistrib.
post
Corp.—Earnings—
$55,192
—V; 162, p.
■
t
climbed
10,032,745
stocks
common
November,
over
poundage
parcel
Europe
Earnings
climbing steadily since it slumped from
increased 17% in 1948 over the pre¬
ton-miles in 1947 to 8,024,000 ton-miles.
American's
28,977,874
1,028,030
(owned by A.
E. Co.)__
&
G.
Dlvs.
mail
28,346,661
2,959,849
for
December
Air
of
Capital shares
Pfd.
Bal.
parcel post flown to Europe by this
in
the
'*■•*.
Net profit
Net
(net)
1685,
p.
524,558
Y
-i
income
Deductions
$0.69
$0.02
country
Gross
Gross
total.
American Phenolic
Airfreight, alone;
106,655
86,069
air
December.
Period End. Sept. 30—
and
net
income
464,010
464,010
and England and Germany.
.
/
to the United States, this corporation carried 41,442
foreign air mail in December, compared with 22,784 pounds
the previous
month/ Other countries do not have air parcel post.
—V. 169, p. 105.
1945,
a
alone
compared
ably above the previous record set in October, when 2,474,690 ton-miles
carried.
The December figure was 2,752,000
ton-miles, compared
with 1,760,000 in the same month of 1947.
578,000
Operating
in
-
gain of 7.5%
ton-miles last year.
1
5,530,000
during
from ,12,721.000
been
7,013,000
made
express
In
1948—12 Mos.—*1947
36,939,000
miles,%he..|previous..year., Scheduled
wartime record
shares
202.
5,704,175
revenues
Federal
■;*
125,275
and
doubled
brought
■
From
were
Subsidiaries Consolidated:
.
$0.13
Figures do not include APO mail
this
pounds
-
mail
than
vember.
'
was
announced.
More Air Cargo Carried—
„''was
(& Subs.)—Earnings—
1948—Month
American
has
and
functions
the
Board
$317,896
464,010
;
In
November, 47,549 pounds of air mail and 13,572 pounds of air
parcel post were flown to Europe by AOA. An additional 45,913 pounds
of surface mail were diverted to AOA during the dock strike in No¬
^all-time high and air mail reached its postwar peak for a single month.
to
American Gas & Electric Co.
the
24,878,000
Exchange
issued
company
168,
out
Chairman
air
of
increase
pounds of the
corporation broke all previous records for the carriage of air
during 1948, Walter Sternberg, Assistant Vice-President, has
announced.
Final figures for December show
that Airfreight hit an
Alleghany acquired
voting trust under,
a
Commission
holding
certificates.—V.
and
of
.-Y.Y
'"<•••
$11,183
Overseas Airlines, Inc.—Mail Volume Up—
more
105%
to
4,845
$60,199
....
509,249
191,353
deducting income tax refund of $13.391.—V. 168,
volume
vember
cargo
Alleghany Corp.—Adds to Holdings of Pittston Stock—
Y
of
combined,
The
corporation
*32,313
______Y
outstanding.^...
share
per
after
The
'
$969,945
16,028
Y'This
'
'
been
carry
Aeronautics
decision
'Y' Y,
,
had
would
Civil
sale
No
(Mich.) Gas Light'Co.—Preferred Stock Offered—Berrien Securities Inc., Benton Harbor, Mich., on
board
board,
'The
-
1946
1947
$481,450
92,512
taxes.....
American
Y'v'. v:% Y Y
announced that the offices of President and
company
the
the
'
date.
same
The
Albion
:
Earnings
*Net
resignation, which he asked be made effective promptly, was
accepted at a meeting of American Airlines, Inc. board of directors
Stock Offered—Otis & Co., Cleveland, on Jan. 10 offered
12,000 shares of 5V2% cumulative convertible preferred
income
profit
Capital shares
Officer—
of sympathy with man¬
proposed sale of Ameri¬
the
1948
$571,419
charges
Net
corporation and Vice-President
both posts on Jan. 19.
increasingly out
"YYY'Y
after
resigned
Inc.,
policies,
Airlines."
Overseas
this
of
Airlines,
"I find
agement programs
can
President
Damon,-
American
He
common
Aid Investment & Discount, Inc., Akron, O.—Preferred
.
Copy
a
(& Subs.)—Earnings—
•
profit
Federal
Y;Y.'
2221;YVYvYYVYY;
His
t
Quarter Ended Sept. 30—
Gross
Foreign Affiliate
American Airlines, Inc.—Damon Resigns as
Affiliate*
American Molasses Co.
1939, has been elected
1145.
1041.
p.
Cents
75
MISCELLANEOUS
-
Profit
of
'!
""
■
INSURANCE
-
stock
common
common
stock
common
Price
(B.) Altman & Co., N. Y. City—New Directora
President,
the
on
directors,'' "he
the
on
Ambridge,
dividends
INDUSTRIAL
-
Mrs. Grace Bamonte, Personnel Manager since
member of the board of directors.—V. 166, p,
on
■
pay
1949
Corporation and Investment News
"
An
York, N. Y., Monday, January 24,
Salt Lake City 1
System Teletype
10LDEST INVESTMENT
SU 464
HOUSE IN
General Corporation & Investment News..Cover
State and City Bond Offerings
49
The Course of Bank Clearings
43
Redemption Calls
St. Louis Listed and Unlisted Securities
and
Sinking Fund Notices..44
Dividends Declared and Payable
44
Foreign Exchange Rates.,.
44
Combined Condition Statement of Federal
Reserve Banks.
Condition Statement of Member Banks of
Federal Reserve System
44
Edward D. Jones & Co.
Established
Members
\
44
New
St.
York Stock Exchange
Stock Exchange
Phone
Louis
Chicago Stock Exch.
UTAH
1871
300 North 4th St., St. Louis 2, Missouri
Chicago Bd. of Trade.
New York Curb Exchange Associate
CEntrml 7600
'
Bell Teletype
8L 693
(374)
Monday, January 24; 1943
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
2
,
—
are dated Jan. 1, 1949 and are due Jan. 1, '1979.
required sufficient to retire on Jan. 1, 1951, and on each
2% of the total principal amount of the series K
thereto.ore authenticated and delivered.,
the company and the Western Electric
manufacturing subsidiary of A. T. & T.,
Federal District Court at Newark by the
wholly owned
the
filed
the
in
1.4
Jan.
Department of Justice.
violating
LISTING—Corporation will make application for the listing of the
K bonds on the New York Stock Exchange and their regis'"a-under the Securities Exchange Act of 1934.
series
_______
Federal
'
98,086
;_
prices
T.
A.
that
&
companies.
manufacturing
„
resulted in
asks not only
also that,
and reorganized into three competing
dissolved
be
Electric
vWestern
—V.
the
that
commenting
In
list
„
It
Philippines.
Luzon,
Province,
--
said
was
erties
.realized...
9 Months
Sales
to
_—-
and State
Federal
Net
Period
;'
'
•
End. Nov. 30—
V
•''/
>
>
Operating
Operating
Operating
Operating
Net
taxes
_
income
-1,897,933
f Sales -_j
Profit
.
expenses
refund
;_
-
30,038,145
25,265,348
29,881,974.
24,233,409
Earnings
152710,962 118,948,846
.
•
,■
•
77
Profit
11947,
-
5,518,658
Nil
Working
■'/ 716,148
&
Co.
INCOME
COMPARATIVE
Period End. Nov. 30-
Operating
Oper.
revenues
revenue
Federal
226,377
lease
will
28,750
$313,555
3,257
-2,161
$417,417
117,360
$315,716
$300,057
(net).
income
—_
Int. & oth. deducs.
(net)
income
$4,859,759
1,340,015.
$205,523
period
$3,519,744
608,609
168,
2678.
p.
;
Artloom Carpet Co.,
.and
—V,
Oct. 4. '47
Oct. 4, '47
Oct. 9, '48
219,650
187.396
305,704
297,266
305.7Q4.
$0.63
$2.39
.{
$1.25
Net
/ H
-
of
Chrome
Atlas
This
Jcnes,
has purchased a
block of stock in the
N. C., Floyd B. Odium, President of
H. W. Rollman, head of the shoe concern, announced
and
personnel
they
pairs
13,321,025
23,732
11,977,774 141,237,087
corpo¬
makers
already had in foreign countries.
of shoes and slippers daily.—V. 168, p.
2427.
'
166,469
11,952,499
8.991,261
11,172,429
25,275
250,217
239,667
140,986,870 123,926,802
113,984.303
98,188,199
1,193,922
11,073,501
11,585,852
871,444
Smith,
income-
1,767,316
844,772
15,929.066
152,751
1,361,014
1,253.420
11,396,988
499,510
—
Securities Offered
—
Kuhn,
Smith, Barney & Co. as joint managers
nation-wide groups of underwriters, offered to the
on
-
oversubscribed.
' "
..
constituted shares which
had been issued but were held in the company's treas¬
ury.
They were issued by the corporation in 1936 and
were subsequently acquired by it at an average price of
$31.66% per share, or at a total cost of $19,885,400.
common
Red-;
Auchincloss, Parker &
/
3,000
3,500
path
'
Whipple & Co
Bacon,
W. Baird
Robert
Weeks
Baker,
&
Barth
J.
Co.__
2,000
8,000
&
Stearns & Co.______
Becker & Co. Inc.__
G
&
& Co.,
Bradford
Blyth
C
8.000
3,50o
—
Simmons—
Inc
Sons—__
&
Slocumb
2,500
-
Co
& Sherrerd:___l_
Republic Co. (Inc.)
Central
Dodge & Co.—
Clark.
& Co._„____
Juiien'Collins & Co—
E.- W
Clark
-
Co
&
coast
&
Dominick
&
Eastman,
Dillon & Co—
—
Co.—.V
Securities Corp.
Farwell, Chapman & Co.-;
&
Elworthy
stock offered
5,000
8,000
2,000
2.000
Pan-
'—
Dickson & Co., Inc.—
R. S.
4,000
2,000
2,000
4,000
-_
Robertson
Dewar,
2,000
3,000
8,000
15,000
2,500
3,500
3,500
Boston Corp
25,000
Michigan Corp.—
3,500
First
The
First
of
Nolan Inc.—Z—
2,000
Glore, Forgan & Co
10,000
Goldman, Sachs & Co
15.000
Graham, Parsons & Co.—
6,000
Granbery, Marache & Co._
2,000
Hallgarten & Co.—
8,000
Harriman Ripley & Co., Inc.
25,000
Folger,
Hayden,
Hayden,
Miller & Co
—
Stone & Co
_r
Hemphill, Noyes & Co.—__
Herrman & Co.
Hilliard & Son—
& Weeks
Henry
J.
B.
J.
Hornblower
E.
The
&
Hutton
F.
W.
E.
Hutton
Illinois
Co._
& Co.
Co
—
3,500
6,000
17,500
2,000
2,000
10.000
5,000
8,000
3,500
& Co.—2,500
Johnston/Lemon & Co.
3.000
T. H. Jones & Co._— —
2.000
""Kalman & Co., Inc
—
2,000
Janney
iPQ»')r,'jf
•. /
*
125;C,Gt.y
5OOV;00
100,000
200,000
1OO.OC0
125,000
175,000 (
225,000
100,000
rities Corp.
Stroud & Co; -Inc._Swiss American Qorp...
Spencer Tr?sk & Co,___
COMMON SHARES
and the number
Kebbon, McCormick & Co.
Kidder, Peabody & Co._—
Laird, Bissell & Meeds—
Laird/-and
w. C. Langley & Co.—
Lazard Freres & Co
Higginson Corp..
Carl M. Loeb, Rhoades &
Co. ___^
Lee
Irving Lundborg & Co.—
Mason-Hagan, Inc. _______
A. E. Masten & Co._,
McDonald & Co.
'2,000"" :Merrill Lynch. Pierce,
20,000
ner & Beane_—
& "Co;_---~
&
Brown
Co
&
Blair
William.
.
4,000
2,000
Co,
Blunti Ellis
J.
3,50o
Harden—
Eichler
Bateman,
Bear,
A.
& Co., Inc.
&
Equitable
total market value
The
& Co. Inc.—_
175,000
700,000
300,OOG
175,"90
300,0'.H)
Tucker, Anthony & Co.
225,000
Union Securities Corp.__ 1.100,000
G. H. Walker & Co._—
300,0t»0
v White, Weld & Co._
600,000
Whiting, Weeks & Stubbs - 225,00p
Dean Witter & Co.__ij
600,0 /0.
Harold E. Wood & Co._
100,900
-Yarnall & Co-.—.
Z_ 125,000
40,480
40,480
7,000
Barney
Allyn
C.
Dominick
charges—
quickly
no changes
said that
market as
The company produces 6,000
127
175, Hii?
Schwabacher & Co
the 627,960 common shares
purchased by each are as follows:
& Co.___
& Co,
Loeb
Kuhn,
A.
be
to
shares
of
Butcher
-1947
$
—500jC'Cf{?
Hutton &
Inc. ______
Scott & Stringfellow___
Chas. W. Scranton & "
for
underwriters
Alex.
1948—11 Mos,.-
700,000
________
The
.!
Pennsylvania—Earnings—
Pomeroy,
UNDERWRITERS FOR
to be,
his agent who appears
or
Jan. 19 securities of the corporation, having
of approximately $70,600,000.
The offerings consisted of a new issue of $50,000,000
consolidated mortgage 30-year sinking fund 3% bonds
series K, due Jan. 1, 1979 and 627,960 shares of common
stock (no par). The bonds were priced at lOO^^o. The
common stock, which was offered after the close of the
market Jan. 18,
and priced at $32.50 per share, was
a
Wellco Shoe
Atlas Corp.,
on Jan. 19.
purchase was termed "purely an investment," with
or
management contemplated.
Mr. Odium
Wellco
shoes would supply a need in
the United States
The
in
ViCo.
/
the
169, p. 106.
public
Corp.—Purchases Shoe Stock—
corporation
Waynesviile,
Corp.,
operating
after
of two
Western Furniture Firm—
President, 011 Jan. 17 announced that this
purchased the Roll Forming Co. of Fullerton, Calif.,
furniture.—V. 168, p. 2534.
R.
has
700,000
100,000
Thalmann &
Ladenburg,
Loeb & Co. and
to
ATF, Inc.—Acquires
Thomas
of
Bethlehem Steel Corp.
Exchange on Jan. 19 authorized for listing and
dealings at a later date 998,760 shares of $1 par
common
stock.
Of these shares, 996,160 are issued and outstanding
and 32,600 are issuable for exchange purposes.—V. 168, ,p. 2534.
'
ration
person
13,297,293
rev._
Operating revenues
Net
York Curb
admission
oper.
Operating expenses
—V.
Listed—
225,000
Courts
i'-'J
297,-266
$0.71
Assignable subscription
about Jan. 25, .1949, and
1948—Month—1947
Operating taxes —!
share—
2682.
New
The
any
373,777
Aspinook Corp.—New Stock
for
from
' 1
$7,132,566
com.
p.
funds.
Exchange.—V. 168, p. 2678,
Uncollectible
shares outstdg.
167,
accepted
Bell Telephone Co.
•
729,634
per
be
[ Operating revenue's
—40 Weeks—
$3,283,750 $11,938,965
taxes
Earns,
Canadian
in
Period End. Nov. 30—
profit after charges
Common
share
&
—_
Kidder,
believe is, a resident of the United States
of
America or any territory or possession thereof.
Said notice also
states that residents of the United States of America may sell
their
rights in Canada providing they do so in conformity with the Canadian
Foreign Exchange Control Regulations respecting sales of securities by
nonresidents of Canada.';7r.
■'.••7 /'-■
In view of the foregoing, the above referred to subscription rights
which will be issued by the company will not be dealt in on the New
$2,384,132
$4,414,903
Net' sales
Net
per
Inc._/__
Co.,
175,000
150,000
100,000
100,000
0
Peabody & Co._
Kirkpatrick-Pettis Co.__
capital stock, par value $25, of
Brush
Inc.—Earnings—
Oct. 9, '48
$33
York Curb
"
—16 Weeks—
Period Ended—
!
;
$2,992,741
608,609
-
&
Co.
the company has reason to
or
$4,083,481
1,090,-740
Balance
-V.
$4,831,466 3 $4,068,745
28,293
"14,736
110,193
applic. to pfd. stocks for the
Divids,
.
$2,911,135
—Z—Z/
income
Gross
Net
332,635
345,000
$414,160
Operating income i—
Other
1948—12 Mos.—1947
$18,350,133
12,286,501
1,649,887
27,520
(net)
at
—_
Co
&
Jones
Kebbon,.* McCormick'
Canada—Rights—
expire at the close of business on Feb. 21, 1949.
Accordingly, the Committee on Securities of the New York Curb
Exchange ruled
that the capital stock be quoted "ex" said rights,
Jan.
13," 1949; that all certificates for said stock which are delivered
after Jan. 12, 1949 in settlement of transactions made prior to Jan. 13,
1949 must be
accompanied by due bills for the subscription rights;
and that such due bills must 'be redeemed on Jan. 31, 1949.
*
The notice issued by te company regarding the subscription offering
states that because the shares offered for subscription are not regis¬
tered" under the United States Securities Act of 1933 no subscription
* ./A;
plant
of
H.
right to subscribe will
subsequently.
$1,668,230 $23,827,854
1,171,129
16,131,209
154,796„ ' 2,532,544
Lemon & Co._
T.
rights will be mailed to stockholders on ar
paying agent
ACCOUNT
1948—Month—Z1947
$2,189,175
1,521,118
taxes
fof
Rent
deducs._
held
the
Co
Co
Johnston,
record at the close of
business on Jan. 14, 1949 in Montreal, Canada will be offered the right
to subscribe to one additional share of said stock for each five shares
Holders of
Payment— 7
Sd. La Salle Street, Chicago, 111.,
Inci,
Illinois
Janneji &
1251.
Co. of
Schoellkopf,
125,000
100.000
450.000
225,000
& Co—
Hutton
E.
The
$10,296,934 $11,208,534
Bell Telephone
Light Co.—Interest
123
has been designated by the utility company to act as
in Chicago to pay interest; coupons due: Feb. .1, 1949, and
Stuart
Halsey,
10.139,126
_Z/„_—Z„.
W.
Kalman
V——$4,357,948 ; $2,094,332
Common shares outstanding——
813,319
638,013
Earnings per common share-——;-—————''''
"$5.36 * \ / "$3.09
"Disregarding preferred dividends due to conversidn • of majority-' of
preferred shares into common stock.
,f Revised.—V. 168, p. .146. 7" ■
Arkansas Power &
$21,347,110
capital
"Consolidated.—V. 168, p,
profit
Net
1947
•
Salomon Bros. & Hutz-
* Co.
500,000 •.'"Shields & Co._<—":1£.—__
I. M. Simon & Co
Inc.
2,000,000
Singer, Deane & ScribHarris, Hall & Co. (Inc.)
225,000
ner
Hayden, Miller & Co.__
275 000
Sm'th, Moore & Co.___
Hayden, Stone & Co.__<
300,000
Will am R. Staats Co._
Hemphill, Noyes & Co... 1,100,000
Starkweather & Co
Henry Herrman & Co.__
100,000
Stein Bros. & Boyce—•
J. J. B. Hill'avd & Son
100,000
Stern Brothers & Co.__
Hornblower & Weeks—/
700,000
Stone & Webster Sccu-
''435,989
$18,962,600
100,000
H. Rollins & Sons
Inc. __—450,000
Rotan. Mosle and Moreland __x——
100,GOO
L. F. Rothschild & ' Co'$\:175,0M%
i
-
225,090
& Co._______
Ripley & Co.,
Harriman
8,665,656
x-
&
225,000
—
______
ler
Co.
WORKING CAPITAL SEPT. 30
assets
C'urreht 'liabilities
•
2,810,480
1,160,710
—___1—.
taxes
-
Current
v ?:
$22,340,809 $15,566,033
.;_—/
charges—;
after
Income
-v
;..
Marache
300,Out!
175,000
100.000
E.
100,000
Sachs & Co.- 1,000,000
Parsons & Co.
225,000
Grubbs, Scott & Co., Inc. '
1
.
Co.
.
Hallgarten
Nil
Riter & Co._
200,000
The Robinson-Humphrey
MacGregor,
Graham,
Granbery,
—
435,989
"1948
'
&
$381,163
!___.
share
per
"Consolidated.
.
'//___
$412,531
loss
COMPARATIVE STATEMENT OF
income
175.000
125,000
700,000
945,0.00
______
689,779
plant___-_-7---
]■ Capital shares outstanding
Anderson-Prichard Oil Corp.— -Earnings—
';
7 ' '
1948
9 Months Ended Sept. 30—
Gross
100,000"
Corp.
Inc.—__
Glore, Forgan & Co.____
Nolan
$10,907,943 $10,645,705
1,102,310
1,326,163
__z__
Corp.-
Michigan
of
Folger,
1947
—
:
Burlington
sale of
on
(•Net
2534.
168, p.
tax
Income
V
Co
&
Corp.
First
Glover
"1948
147,474,206 133,521,037
614,705
Steel has substanits plate finishing
Reynolds & Co
100,000
175,000
100,000
2,000,000
Cleveland
First
Goldman,
' ■' //'
Sept. 30—
„—_i—__
t
Loss After
-.
207,394,325 183,019,794
2,656,826
,
300,000
Boston
The First
Corp.—Earnings—
Bell Aircraft
O Months Ended
T.'
j
18,394,706" 17,314,095
14,308,519 12,328,340
2,188,314
2,328,929
Steele
Fauset,
The
!___
&
'
Chapman & Co.
~
1948—11 Mos.—1947
charges—Dr832,666
after
v.
revenues__
expenses——
operating
Net
rev.
oper.
Plant—
100,9/0
wood
Co.—
100,000
100,000
125,000
Co.
&
Co
&
150,900
Phelps, Fenn & Co.—_
Piper, Jaffray & Hop-
275,000
Clark
Farwell,
500 900
& Curtis
*
700,000
'
Securities
Inc,
.
revenues—,—
Uncollectible
»•
a
3O0.OOW
Prescott, Hawley, Shepard & Co., Inc
R. W. Pressprich & Co.
Putnam & Co
Reinholdt & Gardner
Deetjen
Corp.
Estabrook
subsidiary,' has
enlargements
facilities,
Barium Steel management.
statement issued by the
As a result of these improvements Central Iron &
tiallyincreased its -ingot capacity and doubled
capacity.—V. 168, p. 1898,
to
according
*
'
Dillon & Co._
Elk'.ns, Morris & Co.i__
E1 worthy & Co
Midvale Co.—V. 168,
Corp.—Subsidiary Improves
/'
...
1948—Month—1947
t|>
$■' , ' "i '• ' /.; $-■•/ /'
208,158,791183,601,457
.18,475,502 .17,393,891 7
j 764,466
581,663
\..f
80,736
79,796
y:
Equitable
Co._
Eastman,
The Central Iron & Steel Co. oi Haxrisburg, Pa.,
spent -approximately $2,000,000 during the past year in
and .improvements
to its steel making and plate rolling
/
ACCOUNT
INCOME
COMPARATIVE
i,
•
Emanuel,
$0.60
•__
dividends received from
in
&
&
Drexel
Fahey,
Barium Steel
for. ex¬
change, all interest coupons "should be'detached and presented for pay¬
ment through the usual banking channels or to the A. T. '& T.' Com¬
pany direct, the announcement - said. /... 1/
'/
sending
1,875.553
$0.98
2,375,553
share..
common
$575,138
Dominick
1358.
p.
,
presented
trustee at 20
the
Before
per
$1,238,918
'
"Includes
300,000
500,000
$2,443,797
!
outstanding..
shares
Earnings
2,000,000
Dominick—
1,560,000
—
—_
"
".
profit
taxes—_
income
Dillon, Read & Co. Inc.-
$2,040,397
6,479
795,000
$4,068,426
64,628
______
other deductions
and
Interest
15-year, -2?k%
while those delivered by" hand should be
Exchange Place, New York, N. Y.
the temporary debentures to the trustee
Y.,
N.
York-15,
-
1948 ..
1947 •
$89,678,732 $67,966,752
3,301,015 1,192-,061
. 767,411.
848,336
income
Total
and all subsequent coupons" attached..
.sent by registered mail, .addressed'to
City Bank "of New York, trustee, 55 Wall Street, New
National
the
'.,'//
—
income
''Other
15, 1949 coupon
mailed should be
June
.
...
,
.
Z_li_iZ_-.-__"I"'3__'—■
profit
Common
the
..
Works—Earnings—
Wholly-Owned Subsidiaries)
that telephone equip¬
Ready Feb. 1—
convertible debentures, due Dec.
15, 1961, may exchange them for permanent debentures on and after
Feb. 1, the company announces. The permanent coupon debentures will
Debentures
'
.
.
Ended Sept. 30—
___.
Operating
Permanent Debentures
have
.
.
.
.(Including
\
'
♦/
that it be bought at
the lowest possible
prices. The Western • Electric Relationship makes
these
objectives possible and is a major contributing factor as to
why Bell System service is the best in
the world and the dost to
the users of over 31,000,000 Bell System telephones the lowest possible,"
of temporary
.
&
700,000
225,COO
225,000
Inc.
Co.
,
Baldwin Locomotives
continue
Holders
_
months
six
first
Marks
M.
Mason-Hagan, Inc.
• 125 Oil
Blair &
Co.,' Inc
A. E. Masten & Co
175,000
William Blair & Co._
'McDonald & Co._______
300,000
Blunt Ellis & Simmons175.000
Merrill Lynch, Pierce,
Blyth & Co., Inc.—
1,400,G0JFenner & Beane_
700.000
Alex. Brown & Son;r___
300,000
Merrill, Turben & Co.A; 200,000
Butcher & Sherrerd____
100,000
The Milwaukee Co.;
175. GO J"
H.
M.
Byllesby & Co.
Moore, Leonard & Lynch
200.000
(Inc.)
175,000 7. Morgan Stanley & Co.— 2,000,000
Central
Republic Co. '
""
'
F. S. Moseley & Co
500 000
:<
(Inc.)
450,000 . : Mullaney, Wells & Co._,
100,000
Clark, Dodge & Co.—
300,000
Maynard H. Murch &
E. W. Clark & Co.—___
175,000
Co.
225.000
Coffin & Burr," Inc.—225,000
W. H. Newbold's Son &
Juiien Collins & Co.;
175,000
Co.
125.000
Courts
& Co
100,000
Newhard, Cook & Co.__
225 000
Curtiss, House & Co
100,000
The Ohio Company—.
150,00Q
J. M. Dalh & Co
100,000
Pacific Northwest Co.__
175,0()fJ
Dick & Merle-Smith^_i_
200,000
Paine, Webber, Jackson
&
Becker
G.
A.
from 1936 until cessa¬
Philippines. The prop¬
the war and mining was resumed in
that year resulted in a profit and in the
profit of 1;189,433 Philippine Pesosx was
Operations for
of 1948 a
1947.
March,
Laurence
Co.
& Co
Watts
Baker, Weeks & Harden
profitably operated
invasion of the
mine was
the
150,000
150,000
225,000
Inc.
Baker,
Laird, Bissell & Meeds__
225 000
W. C.'Langley & co
500/>00
Lazard Freres & Co
1,000/tCHj
Lee Higginson Corp
70o'.i>J()
John C, Legg & Co
lOG/lOi)
Carl M. Loeb, Rhoades
& Co.
300,UOO
100,000
Co
Whipple & Co.__
W. Baird & Co.,
Robert
mining in 1941 on the
were
rehabilitated after
of
tion
the
350,000
&
and
Bacon,
of Atok Gold
result of the merger
the
is
BONDS
the
for
Co
$3,500,000
& Co.__ 3,500,000
Co. Inc.600,000
&
Barney
Allyn
C.
Atwill
Co.,
Exchange has
Mining
Co., Inc. and Big Wedge Mining Co. in December, 1947.
Prior to the,
merger Big
Wedge was the owner of the properties and At.ok the
operator.
The mine is located in the Baguio District of Mountain
corporation
This
part of
course, in the interest of everyone
to be the best obtainable and
of
is,
"If
.
ment
Jan.
on
amount to
Loeb
Kuhn,
Inc.—Listed—
approved an application to
capital stock of this corporation, it was an¬
stock is presently listed on the Manila Stock
shares of
13. The
35,494,191
nounced
A. T. & T. stated:
the Bell System for- over
65
years,
having manufactured the System's telephone equipment
since
1381.
Over these years, it has been the telephone users who
have benefited most from this relationship.
Moreover this relation- .
ship has-been of extreme importance to the country's national defense
in- World War I and especially in World
War II.
"I
am
sure
that
when all the facts are known, the existing
arrangement will be found to be in the public interest.
Telephone
calls; go
through faster, people hear each other better and service
is more dependable because of the quality of Western Electric equip¬
ment which is in general use throughout.the Bell System.
Looking at
the record it is .obvious that it would be the public and the telephone
users
who would suffer most if there were to be any change.
Co., Leroy A. Wilson, President of
"Western
Electric has been a
$1.69
Smith,
Francisco Stock
San
FOR
$50,000,000 bonds and
be purchased by each are as follows:
underwriters
the
of
names
principal
:
Exchange.
news report that the Justice Department
the A. T. & T. and the Western Electric
the
on
divorce
to
suit
filed
has
1794.
Atok-Big Wedge Mining
.
defendant
two
■
share
per
168, p.
"
——
A.
A further request is that
required to buy telephone
and
———
——
outstandings
shares
Earnings
The
A. T. & T. and its operating subsidiaries
equipment only under competitive bidding
companies license their patents to all
applicants "on a non-discriminatory and reasonable royalty basis/'
A court order is sought to compel the companies to supply applicants
with technical assistance on the patents' use.
•
,
be
profit
Net
the absence of effective competition has
for telephone equipment, the complaint
T. and Western Electric be separated, but
that
Alleging
higher
The
Capital
and its subsidiaries consolidated.
UNDERWRITERS
taxes
income
Washington
'
of
cost
properties of the corporation
to
258,121
_
charges
after
Profit
stock
common
estimated
$3,663,512
sales
Net
proceeds of the sale of the scries >K bonds and
will be used to provide, pro tanto, funds for M>o
completing or making additions and improvements
net
PURPOSE—The
the
1943
ENDED SEPT. 30.
NINE MONTHS
EARNINGS FOR THE
Western
dis¬
a
with
bonds
Corp.—Earnings—
Atlas Tack
civil anti-trust suit, charges A. T. & T. and
the Sherman Act in the manufacture,
tribution and sale of telephones, telephone apparatus, equipment ma¬
terials
and
supplies.
Attorney-General Clark said in
that
the suit was
filed after consultation with the Federal Com¬
munications Commission.
,
action,
The
Electric
thereafter,
1
tion
divorce
to
seeking
suit
A
was
Jan,
expected
Defends Linkup—
Corp.,
Sinking fund
President, states that negotiations have been completed
with an insurance company for a $1,000,000 15-year loan, contingent
upon raising of additional equity capital.
Further details are
to be announced at an early date.—V.
166, p. 1578.
J, Miedel,
R.
K bonds
series
The
Diesel Engine Co.—Loan—
Atlas Imperial
Anti-Trust
Suit Filed Against Company — Government Asks That
Company Be Divorced from Western Electric- -Company
Telegraph Co.
&
Telephone
American
____
Fen-
3./03
.
10/)%
3, 4-0
,2,000
15,000
7,009
8.O00
2,000
2,509
2,i,i0(V
4,y<)>j
15,000
Merrill, Turben & Co._.r. 2,000
The Milwaukee Co.——_ 2;30(>,
Moore, Leonard & Lynch— 3.500
P. S. Moseley & Co
7,000
Maynard H. Murch & Co._ 2,000
W. H. Newbold's Son & Co. 2,000
Newhard, Cook & Co.—3.500
The Ohio Company—2,500
Paine,- Webber, Jackson &
Curtis
___—:—Z— 10 006
Piper, Jaffray & Hodwood- 2,000
Prescott, Hawley, Shepard
& Co., Inc.-——______ 2.000
R- W. Pressprich & Co
5,900
Rauscher, Pierce & Co., Inc. 2 000
Reinholdt & Gardner— 2.000
Reynolds & Co
_____ j 6.000
Riter & Co
_„t 3 500
E. H. Rollins & Sons Inc.- 7,000
Rotan, Mosle and Moreland —
—— 1 '2 000
L. F. Rothschild & Co.— 4 000
Schwabacher & Co.— 3 500
Shearson. Hammill & Co.— 3 500
Shields & Company—
6 000
Singer, Deane & Scribner_ 3,500
William R. Staats Co
3.000
Stein Bros. & Boyce— 3,000
Stone & Webster Securities
Corp. —
_________ 10. )00
Stroud & Co. Inc.—
3.ouQ
Spencer Trask & Co.—— 3 oGO
Tucker, Anthony & Co.— 3.500
"Union Securities Corp.— 17,o00
O. H, Walker & Co
5.0M
White, Weld & Co.
10,000
Whiting, Weeks & Stubbs- 3.oC0
Dean Witter & Co.—15 ; , 0
Yarnall & Co.—
2.J-0
Volume
169
Number 4771
CAPITALIZATION
Consolidated
GIVING
EFFECT
TO
mortgage bonds—
COMMERCIAL
THE
/addition,-an
FINANCING
PRESENT
$74,900,000
__—
(375)
10,
making
1948,
year
::
.
;
;
••
.
48,000,000
Eethlehem
Steel
7%
1,
Co.,
6%
Co.,
,'V,'..:
^
due
owning
business
stocks
and
"
.
Brown Shoe
Years End. Oct. 31—
\ Net
933,887 shs.
.-Other
obligations
of
consists
subsidiaries.
1943206—
spikes,
Inc.,
100.951;
July 1
and
limestone,
(6)
the
craft;
chiefly
(5)
for the
of
transporting
their
manufactured
equipment
..
facilities
main
by
pr.marily
rented
which
to
subsidiaries-,
f in
manufactured
not
are
housing
the
Net
first
addition
by
the
for
1941
the
of
during
nine
businesses
tne
months
o.ie
of
or
corporation
to
1938
years
of
the
1948,
is
"
$2,513,889
112,800
$791,270
988,030
536,520
492,000
$4.97
$4.86
-
989,475
share—
per-conu
seriing,
ASSETS—Cash,
$4.67
-
-•
-
$3.21
•
tlncluding
administrative and general- expenses,
in 1945 $2,420,000 excess profits tax.
BALANCE
SHEET, OCT. 31,
of
investments
$14,730,380;
and
building
automobiles
and
lower
assets,
(after
$2,366,899),.
(after
.(at- the
other
improvements
of.
amortization
Federal
i
tributions;
and
and
of
market),
cost or
$289,825;. land, bu,ridings
for
depreciation
and
$1,951,904;
machinery;
shown
and
and
$1,078,£71;
$4,905,654;
Federal
estimated
and
State
taxes
income
on
steam
stock
(par
value' $15
share).
a
surplus, '$10,351',238;
capital
$7,433,250;
fratfi.1,
$30,763,640.—W!
surplus, $78,037;
168, :P, J47. ' )
during
9 Months Ended
B
$271,192,575
414,141,087
Profit- after
7,663,010
602,202,613
Income
Net
Sept. 30—
.
1948
•
1947
v
234,458
Earnings
per
—V.
7,284,952
_:
mos.)__
A—Rolled
steel
and
—
tonnages
value
of
$357,392
by
net
$1,231,340,263
are
shown
+At
tons.
for
the
in
products
whole
the
-the. preceding
and
of
net
are
not
tons
net
"
Net
Other
p. 1143.
____—
shares
tEarnings
,
per
outstanding-
Sales for the
.-arrears
November,
1847.
The
$3,257,931
5,4111
*
573,300
708,700
$2,719,940
$2.216,-830
$2,110,"423
244.041
242,582
241,31:1
,
of
electric
plant
$2,475,893
$2,054,247
■
5,577
24,844
(net)
t__
$2,484,428
$2,059,824
565,855
—
$0.62
income
OPERATING
REVENUES
FOR
7-■■■'
Gross .oper-ating
—V.
168,
2679.
p.
THE
::
■
»■
" r" ■:
-'
$444,124, as compared
profit for the month of
net
$10,396
the
for
company
,
will
conveut-TOO
steam
locomotives -.used
in
Corp.—Earnings—
£4 Weeks Ended—..
southern
">
>
"
7
Oct. 16, "48 -Oct. j.IT, '47
/ $271,559
$346,499
outstanding^—_____l__
.Earnings per common share—I.
1358.
207,460
•'
wijl :be
started
207,400
$1.54
immediately ion the 862 -miles <qf railway :iu trie Kootenay .and
Valley divisions
in
southern - British
Columbia
and
along
KetLe
-$1.1;3
..the
-i
Calgary-Edmonton run.^-V. 169,
3. '
p.
.Braitf ff JUrxvays, Ine.^Eamings^-'Quarter Ended Sept. ,30—
5
t
The
194g
$4,153,718
Profit
after
Income
Net
charges^'
income
Earnings
'
■'72,744
£tock,'mo
96;883
•
,
$155,955
.
outstanding—T_W—
"$721744
1,000.000 f
share
~
Nil
There
.Brazilian Traction, Light ;& Power Co.,
Ltd.—Earnings
Subsidiaries,-Operating Public Utility Services in Brazil,) '
1948
operation—_____„_a_
$8,888,630
:
Net
revenue
Aggregate
(estimated)
net
V.
'168,
operating results as shown
rates of .excljange.-r-Y. ,168, ,p.-2679.
in
dollars
-
-
-- -
..
'at
taken
are
-
■(
..
Dowie,
of
Cleveland, O.,
a
Vice-President .of .Canadian
•tries,
Ltd., has been appointed Vice-President for
■Corp. ,-of America.—V. 163, p. 2222! '
*
*.—
Brillo
-
•Federal
Sept. 30—
profit
charges
of
after
1948
'
'
'
.
taxes—^
outstdg.—
com.
share"—
per
$282,417
shares
Earn,
1947 "
144,5.10
$-162,142
i
f$1.79
145.310
on
class A stock.
$203-624
145.310
*$1.71
tOn
p-1691.
T
.
•
•.
.
•
I
...
taxes
on
Jan.
19
declared
a
Quarterly
dividend
of
^0
the
Federal
the
Power
Commission.
furnishing
:
the
by
com¬
i.-'
..
properaes, principally its e-estric properties.
$395,000 is proposed to be expended
transmission
Meredosia
-to
transmission
ele.tric
to
lines
(and
and
roV>"-s
share, payable March 10 to stockholders of record Jan.
31, 1949.
Previously, the company paid 15 cents per share each quarter.
In
(and
that,
if
to
related
substation
Tower
to
substation
Robinson,
and
Anna,
facilities)
Mattoon
that
it
will
required to expend apnroxi,and approximately $6,400,000 in
1951, for
improvements
to
its
electric
properties;
1950,
.
and
for
electric
service
continue
to
increase
NOTE:
On
to
are
subject
increase
to
if
costs
of
materials
rise.
of the
names
several
f.OO.OOO
E. Pollock
900,0019
'00,00ft
~Z~
—II——ZL, I
&
■
900;00ft
•
i
•250,00^
_
""""""
•100,00ft
"
250,000
C
^
;.-;v ~
;
900,00ft«
221ZZZZZZ
_
"III
p. .203.
400,00ft
"
_
Co.,- Inc.—
900,000
.
Ceuti'al New York Power Corp.^-Bank
Loans—
:
Dp Dec. 27 the corporation borrowed. $5,000,000 under
12 banks,
dated Dec. 19. 1947, evidenced by
with
cDec.
V.
31,: 1950.
ie8,
The
proceeds
2116.
p.
an
will
be
used
for
•
•
(
-notes,
expansion
due
purposes.-vr-
,
.
Central RR. of New Jersey—^Interest
^
next,' out
at
.
1948
1947
r
457,386
:l_—__
-
-654,80o
$715,869'
shares -outstanding
$0,44
common
-'ri.
-.
..
,
1,250,000
$0.68
.
■.
third
the
1943-44
railroad,
to
the
sale
the
assets
of
Manufacturing
Eaikersbuxg, W. -Va., and Marietta, Ohio.'.-.,
The ecmpany's assets are to be offered
meal
lots.
bulk,
bankrupt,
units
and
of
VJ
'
J
Sales
Illinois
&
Public
Co,
Service
Inc.
Co.—Bonds
headed
a
group
dealers
.which, offered Jan. 20 $10,000,000. first
mortgage bonds,
Series C, 31/8% due Jan.
1, 1979 at 102%% and accrued
Interest.
;
The
.bonds
were
awarded
at
competitive
sale
Jan.
17-on
a
bid
interest
and
the
on
reserve
will
amount
to
$4,773,-
bonds.
Gardner,
has
made
reorganization
fund,
two
previous
if
trustee
necessary,
interest payments
since October,
Co.—Earnings—
to
for
make
of
1939.—V.
$2,386,650
169, p. 203.
''■-•
—Period End. Oct. 31— —3 Mos. End.
Sept. 30-
%
4 Mos.
$2,699,725
tEqual to $0.87
per
share
1948
•
f
89,963
on
1947
$2,671,342
*343,969
509,939
$3.84t,589
*433,933
147.1,147
common
shares.
JNot
.
Closes St. Joseph Factory—
-
The
company's St. Joseph, Mo., factory will discontinue
operations
W. A. Yantis, President, has announced.
All machinery and
equipment required to absorb the St.
Joseph production will be trans¬
ferred to company-owned
plants in St. Loqis, Mo., and San
/Jsn. £8,
piece¬
Offered—
of
of
due
Walter P.
the salvage
.
'Loss.
Jose, Calif.',
the combined
capacity will greatly exceed the company's peak
of manufacturing, Mr. Yantis said. The St.
Joseph building will
•where
year
Stuart
and
interest
•Net'iricctrne
»'.!;
Central
use
•
States District Court at Newark,
trustee -for the railroad -to
..pay twp
5%
mortgage bonds.
'Payment will
j :
:4
1
Month
'
in
the
-
Chase Candy
•
c
/
Co.,
4%
Authorized—
United
;each. It has been in reorganization
Co.—Bankruptcy Sale—
Casto
the
7.\
instalment
is .the
for
the
to an order
by Gail A. Butt, referee in bankruptcy, Rosen
auctionsers, Cleveland, Ohio, will on Jan. 25 and Jan. 26 offer
Co.,
:for
the
on
March
on
in
authorized
The Court directed
$1,024,098
1,-250.060
share
..-per
,0Q0
Fake
18
interest
This
j.
L.
.Jan.
payment.
The railroad
;
•
on
rbe ,raade
the
York, N. Y.
>>
:
J,,
years'
of
riondi
I .•-■•.
■'
Judge Guy
,N.
be
•
offered
for
sale.
v
The
move, according to Mr. Yantis, will reduce
operating costs with¬
restricting sales cr service since the headquarters plant in St.
Louis,
•one-of--the largest in the
industry, effectively covers the same general
out
trade
The
under
,
The
area.
*
company
also
operates
two
"
additional
olants
in
lease.
company
announced
that
earnings
in
November
of
the
fluctuations
Id
the
rates' of
exchange,
remittance
f<
r
foreign
subscription
-
wno
advertisements
must
be
made
it
New
York
funds.
,
-
agreement
2Va%
S.
account
as
present
Dana
135
to
be
Chicago
111.
approximated
and Financial Chronicle*
(Reg. U. S. Patent Office)
William B.
Dana Company,
Publishers, 25 Park Place, New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert, Editor and Publisher;
Seibert, President: William D.
Riggs, Business, Manager
Published twice a
week
levery Thursday
(general
news
and
advertising .i^sue) * with a • statistical vissue on Monday].
Othe»
La Salle
St., Chicago 3. 111.
(Telephone State
0613):
1
Drapers' Gardens, London.
E.
C.,
England, c/o Edwards & Smith.
Copyright
1949 by William B.
Dana
as
Company.
Reentered
second-class matter February 25,
1942, at the post office at New'York, N. Y.. under the Act of March
3.
1879.
Subscriptions in United States, y.S. Possessions,, Territories and Members of PanAmerican Union, $35.00 per
year;
in
Dominion of Canada,.-$38.00 per year.
Other Countries,
$42.00 per year.
offices:
ill
'/•
estimates
demands
by
related
Macomb, Lawrenceville
Commercial
•William
Of
steam
Grand
Quincy,
lines
/:
stated.-
167,
per
The
its
133;000-volt
.the
—„_
profit
Ilalsey,
directors
.is
of
PROGRAM—Company .estimates that, on the basis
it will expand approximately $16,280,000 in tne 1411.43, io Dec. yl, 1^4.) (approximately $14,000,000
expended in 1949), for additions, extensions and
•Ed.w. Lowber -Stokes Co.______a__
Co.—Earnings—
*
Casto Manufacturing
-
Burroughs Adding Machine Co.—Increases Dividend—
The
with
applicable to
customers.
.Thomas &
"$1.23
participating basis.—V.
he
,-Stift:lLJN1colaus
'
"$0.97
_
dividends
:
v..
the company in the 20 communities
is purchased from Panhandle Eastern
Co,, Inc.__———
JR. W.. Pressprich .& Co.-_—_
j.
•
•
"After
now
labor continue
Fursuant
1945
$270,642
145-310
1,
$48,922,276 $45,209,729
1,173,555
1,678,898
—V, 167, P. .2253,
!
&
1946
*'all
and
Com.
--
*—
income
Earnings
Brewing
5,",''
Net
Common
-Brew-
Manufacturing Co., Inc.—Earnings—
9 Mos. End.
Net
Sales
March
on
-
•
R.
redemption
.Profit, after .charges—
Brewing .Corp. of" America—New Vice-President—
-Ian
P, :2«7,
-Net. sales
$25,370,568 $23,736,319
'V
-
for
Carson Pirie Scott &
5,485.896
$2,660f743/: $2,3905X5
Jan.
NOTE—The
average
called
sinking fund, $104,000 of first mortgage 4%
due Sept,. 1- .1965, fet :1Q6%,
Payment will ibe una.de
/office of 'Lpuis.V'lle & Nashville RR.
Co., 71 -Broadway, New
A,
9 Months Ended Oct.'31—
_;
from
revenue
have- been
-
series
-$7,876,211
Operating expenses. ,estd. .depreciation,- amortiz.,
capital and other charges—6,227,887
by
gas
to new
foregoing estimates
rinew"
(.moneys, in, the
.'
1947
<
costs,
will
The company
'
".('Including
from
The
Carolina, Clinchfield & Ohio Ry.—Partial Redemption
%
,}4onth of NoVeihbeiw
1848.
of the company
industrial power for the
revenues
of
_
sto'k;was admitted to dealings-on the
Exchange in substitution
rfor the "old" common stock on Dec.
7, 1948/—V. 168, p. 2428.
1;000>000
$0.16
,6,
sale
common
168, p. 1358.
-Cross earnings
each
of
par value, .previously-outstanding, pursuant, to :trie splitrup
share
of - "old"
common
stock
into two shares of "new"
et-ook" which became effective on Dec.
the
fried
rates
are
Liated—
Committee
11
common
i
per
■'Loss.—V.
;
——
Capital .shares
$3,093,291
252,838
taxes
Jan.
under
Tucker, Anthony .& -Co.,
on
Securities of trie New York Curb
Exchange ,Q.ri
approved the listing of 200,000 shares of "new" common stock,
par., value $5,
in- substitution- ior 100;000-shares hf 'riqld" haminon
1947
.
'
' Capital City'Products Co.^New'Stoek
;
♦
1—
revenues
distributed
gas
Havana
—'V. 169,
Total
operating.
from
Supplies natural
proposed
'Will.
r
'-V
,
the
of
Haljgarten & Co
^—.
".•Hornblbwer ,& Weeks—
..Otis ,& xdo,^
to
•
profit ■■
Common- shares
;
31, 194C, about 91.40% of the qperderived from the sale of electricity,
and about 0.58%
from all other
gas
,
•
"Net
also supplies
in
Tayloi1-
purchasers of the bonds
,and the principal amount to be
purchased by each are as follows;
»
W-il-x'Halsey, Stuart & Co, Inc.__-____
$4,000,000
.Gregory
Son, .Inc._,
and-between
Calgary sand Edmonton (Canada) from
oil-bui'ning, 4t:.\was-.anneunued Jan. 13 by -N. R. Crump, V.ieePresident.,, ' ';
;
■ 1
v
■;,
■
Fuel oil
originating .from trie ncw.y developed. Alberta .fields! will he
•used -Mid- installation :hf. wayside facirities
for '■mi operation
*coal
customers
which ,the company provides electric servioe
agriculture, coal mining and the production
UNDERWRITERS—The
Canadian'Pacific By.—To Convert Locomotives to Oil
1
Company
to
and
•
This
in
The
1
-
~
corre¬
4
trends, the company may be required to Install
.additional generating
capacity in its Hutsonville power station and
An
connection therewith to expend
approximately $300,000 iin ,1051.
DEC.v 31
r
rate
of the
approximately
and
$7,655,053
'•.>■" 7*J"- IT-
-
shares
us
vras
of
derived
mately $12,000,000 in
additions, extensions
1948—12,Mos.—'1947
$8,-854,-167
the
series.
Oct.
saie
to
%-
$1,308,287
PERIOD ENDED
$^08,727
_
of
amount
has
par
dividend
no
'
Co.
amount,
from
685,675
$1,481,150
Dec. '48
revnues_^
it
which-
indicated
"$1,9.185.73
——
British Columbia
p.
ended
12,17%
restrictions
Tuscola.
.* $1,893;962
.378(674.
which
company
approximately 650,000.
approximately- 260
the
was
facilit.ios), from
and
69,000-volt
$1,8$9,117
8,629
——
from
natural
present
**of
J-
to
1948 was $10,349, comparing with
sponding month in 1847.—V. 168, p. 2004.
Booth Fisheries
701,497
714;, 700
indenture
generating
station near Meredosia; $3,905,000 in connection
with the installation,
to
be -completed in 1953, of an additional
60,000-kilowatt unit in
company's electric steam generating station on the
Mississippi River
near 'Grand
Towers ar-d $1,757,000 in connection with the construction
3,406,103
•
-649,192
719,741
the
by
^completing. the. company's 100,000-kilowatt
$3,874,423
4,012,687
22,300,000
the
'
of natural gas
1946
$7,584,214
cf
respect
.to
improvements
1947
4,617,491
hiocme
GROSS
i
preferred stock.
on
November,
,V. .168,
other
said
1948
revenues.;
deductions
103,031
Nil
Net
'
.
118,667
137,375
;
.Nil
month of -November .amounted
$368,473 (for
■
137,375
—_
share-^-ri*-11";''.
common
^Pront.tDisregarding dividend
with
15,000,000
30,000,000
month period d*av. 1.
1946
$2565534
135,096
—„
lease
Gross
$2,053,538
-
of
.$2.04
...
Co.—Earnings-
income
or,
income
Income
1947
3,500,000
CONSTRUCTION
.;
■
",(F. E.) Booth Co., Inc.—Earnings—
Sales
$1.86
.
$8 771,872
"Net cperr. tins iinqome
c
Pepsi-Cola Bottling Co* of -LoS -Ange.es below-.—V. 157,
1948
169,917
;
operating
Rent'for
,
Bireley's Inc.—Grants Los Angeles! Franchise—1
9 Months Ended Nov. 30—
182,8331
i___——'
Federal, taxes
and
.
10,000,1)00
10,000,000
i—
stock ..in
more
principally
Line
pany
168, p. 643.
Depreciatisn-
the
which1
9,573,197
p.'2. •
'
169,
outstandings—
common tisharers.
12 Months Ended Nov. 20—
column,
businesses
rate
year.—V.
——
Operating revenues-Operating expenses
ether
other
profit
California Oregon Power
t923,505,197
».
finished-products billed. B—Consolidated
Includes, in addition to tne net billings value of products
billings.
Common
or
About
which
Pipe
.of
1,032,337,825
t7,179,898
__
$38,000,000
Diversified industries in the territory
prouuee, among otuur tmngs,
The
'in
787,720,668
9,403,067
—
Outstanding
*
.
_t$35,000,000
presently
may :be .issued
territory
Cetrain
Net
be
^FINANCING
toad
.machinery,
air
compressors, '.pumps,
agricultural
implements,
furniture, shoes, washing machines, domestic kitchen ranges, iluorescent
lamps, bathroom fixtures, art potiery and iigat metal products.
239,127
:—_——.
•
cili
f
596,519
—
8.02%
devoted
$11,-809,138
582,790
$348,332
—_:—
taxes
1,326,563.896
—
———'
PRESENT
*
1971__
ting revenues of the company
,/y.- The
,
.
$14,483,639
charges
1,746,733,127
.
TO
issued)
months
the period
mining of coal,
,
sales
9,460 640
*
1,
;•
activities.
.
4
(Including Wnolly-O.wned Subsidiary)
shares
loss
EFFECT
$10)
service
..for
(P. H.) Butler Co.—Earnings—
below:
pay
to
or
AND
the -12
cbout
Common
Net
one
heating
For
f
U. S.'Treasury savings notes at cost), $405,988;
inventory price decline,'$3,000,000; reserves for employer's
7 liability and. compensation insurance,.-$189,474; $3.60 cumulative pre¬
ferred stock of no par value (issued 3X000 shares), $3,900,000;-common
sub¬
made
.....
>
for
1,902,819.720
See
be
(par
III.
$2,206,000
9,188,023
'measured
in
or
ville,
de¬
(after
to
company
improvements
1
in
company.
Authorized
..estimated population of
salaries,
wages,
and commission's;
taxes; local taxes; retirement .trust eonbalances of officers, directors, and employees,
;• reserves
5,535,592
—
the
by
Jan.
on
company
Illinois.
It is aLo engaged in distributing and selling gas
approximately £4,370 customers in 21 communities and rural areas
adjacent thereto'located in-12 of said countie., natural gas being
supplied in 20 of said communities.
The territory so served lias an
payroll
credit
the
to
ducting
(Net Tons)
—
used
and
payable
of
agency
southern
;
'
equipment,
subsidiaries
its
be
100.904199.
Interest
or
BUSINESS—Company L; ;a public utility engaged
principally in generating, purchasing, distributing and selling electric
energy to approximately
203,100 customers in 500 communities and
ruj'al .areas adjacent 'thereto located in 61 counties in central and
961,240.737
which-
the
GIVING
preierred
HISTORY
reserves
for
reserves
State
and
1,495,672,299
billings
to
stock
fixed, which
series
LIABILITIES—Trade Aa coo lints,
v
8,971,839
lor
will
extensions
of
3%%, due Oct.
unissued
beon
1948
depreciation of $1;833,263),
(at nominal amount), $1; total, $30,763,640.
"
lasts
;
d.s-
the
Hutzler,
1979.
office
$20,000,000
of
.
$2,911,646;
/of $300,000), t$8,383,813; inventories
were
company dated Oct. 1, 1941, subject to the restrictions thereof, in any
number of different series, as the board of directors
may determine.
The indenture does not fix the total amount of bonds of
all seriefc,
or
of bonds of series A, E or
C, or any other series, that may be
issued or outstanding thereunder,
tlncludes
'
U. S. Treasury savings notes (at cost
and accrued interest), $817,800; trade accounts receivable (less reserve
•
3,368,034
1947.1—
<
r.
coupon,
notes, due seriany to Oct. 1, 1^5J
Common
$2,555,079
$2,607,038
140,981144,000
—___
8,921,775
net
proceeds
Pld. stock, cum. (par $100)
4%
series
(150,000 shares
,
rental -,and
for
more
inclusive,
1947,
respectively,
——
(9
net
properties
authorized
dividends
1945—8,545,657
■
2%
1,000,030
CONSOLIDATED
subsidiaries; and
the
primarily
of
—
-
"
15,000
A
————
1948
&
the
3%%. due Sept! 1, 1977
Series C, 3Ve%, due Jan. 1, 1979
2,930,000
50,000
——--
0Inducing
sell certain
r-entioned
(b)
those
to
of
any
held
are
employees
Year
193d—
2,990,000
65,000
in 1946 .$755,500 and
earned
volume
consolidated
the
2,435,000
35,000
profit
.Earns,
sidiaries.
The
1,915,000
1
Common
subsidiaries
the
of
some
warehouses
operate
(a)
products
which
in
taxes—
..
'
6,773
taxes.-—
Bros.
at
•
of
(c).,-own
5,422
Preferred dividend
limestone
businesses
respective
supplies. and
.
above)
are
to
corporation
well
17,101
3Ve%.
a
"Bonds-may be issued from time to time under
between Atlantic and Pacific Coast ports of the United States; (7) the
operation of short fine railroads in the-vicinities of plants operated by
% .subsidiary; and
(8) the operation of public water supply systems in
the vicinities of certain plants and other properties operated by certain
subsidiaries.
■ *7
'
'.
,./
Incidental
225,176
23,480
income
the mining and quarrying of ore, coal
use of one or more of the. subsidiaries;
coal;
ore,
235,153
313,638
the
Series A,
Series B,
450,000
res.—
insur.
income
decline
and grain and of steel
products on the Great Lakes, of ore from foreign ports to the -United
States, of coal from the United States to foreign ports, of iron arid
steel products in coastwise traffic between ports of the United States
and of iron and steel products, lumber and ^miscellaneous merchandise
oil
352,764
naming
First mortgage bonds:
52,053,898
550)000
.
each
due Jan. 1,
of- additions,
cost
to
'CAPITALIZATION,
$56,472,116
48,595,425
Salomon
PURPOSE—The
made
,.' Prov. for inventory price
wire
harbor
other
tribution
for .depreciation—
69,647,267
bids,
of each year
in New York.
or
for -the
.
$56,458,352
13,764
$76,085,074 $55,040,248
79,545,058
car
and selling of steel freight-train and mine cars;
(3)/ the
fabricating and (or) selling and (or) erecting of steel for buildings,
bridges, tanks and miscellaneous other .structures;-<4) the building and
repairing of naval and merchant vessels, tugs, car floats, barges and
ofr.,the
$84,426,381
—-
prod, sold, etc.
contingencies-
tFederal
construction
certain
income
of
for
State
billets, slabs, skelp, pipe, tubes, sheets,
plate,- "Wire,
income
Emp oyer's
strip, black plate,
rope and other wire products,
bolts, nuts, rivets
wheels, rairoad frogs and switches, armor plate, gun
forgings, shell fprgings, axles, pressed, hammered and drop forgings,
steel, iron.-and brass castings, pig1 iron, ferro-manganese, ingot moulds,
stools and bottom plates, machinery,; coke and coal-chemicals; (2t the
tin
'
1945
$76,020,630 $54,966,265
„—22.019
1
64,444
73,983
Prov.
engaged chiefly in the businesses of: (1.) the manuiacturing and selling of iron, steel and certain other products, including:
structural shapes, rails and rail accessories,
plates, sheet piling, bars,
and
1946
$84,404,362
'•"Cost
are
rods, blooms,
1947
■
Prov.
-
sidiaries
sales
'•Total
July 1,
chiefly of
The sub¬
incorporated
was
corporation
(& Subs.)—Annual Report—
1948 J-
9,582,642 shs.
20,000,000 shs.
the
Co., Inc.
•
•
1,000,000 shs,
par)
of
.
914,000-
BUSINESS—Corporation
The
: :
7,500,000
■
($100
:
'
"
other
Dated-Jan.-1,'1949;
and
-Chicago
50,000,000
50,000,000
par.)—————
AND
and
stack
(no
Delaware.
holding
bonds,
—
preferred
stock
HISTORY
in
1, 1979
(Pal) purchase-.
1996
cum.
Common
1919
Jan.
mortgage
money
Aug.
due
K,
Six
Republic Co.
'
.
series
3
received at the sale. These were: The First Boston Corp. and Central
(jointly), 101.57: Lehman Brothers, 101.521.377; Blyth
Co.'Inc.', 101.301; Glore, Fofgan & Co., 101.1102; Harriman Ripley, 6s
,
i"
-
101.78%.
of
'*
>
Harry A. Lombard, Assistant Treasurer, has been elected Treasurer,
succeeding J. L. Stewart, who had also been Executive Vice-President.
L. A. Farqu'ahar has retired- as Assistant Treasurer..—V. 169. p. 106.
f
'
CHRONICLE
cents was distributed on Dec.
the same as paid in 1947.
extra ,of -15
the
Treasurer Elected—
New
,
FINANCIAL
'
for
cents
75
Outstanding
Authorized
sinking fund-2%%
bonds,
series I due July 15, 1970
$75,000,000
3'0-year sinking fund 2%%
bonds,
•
series J. due Nov. 15,
1976———i-, 50,000,000
30-year
sinking
fund
3#' bonds,1
25-year
&
4
by
directors
compares
with
—V.
p.
168,
declared
have
stockholders.
of
dividend
a
25
cents
on
As
35
there
Paul
St.
RR.—Debt
Pacific
&
amount
outstanding
the
reduced
1948
its
of
Schneider,
according to a report filed
Commission.
The railroad stated
it
had
$42,169,100
of
general mortgage 4 4 Wfc convertible
income
bonds
series B, due Jan. 1, 2044, outstanding Dec. 31, 1948.
On the
same
date
in
1947
it had
$45,275,100 of the issue outstanding.—
income
convertible
with
V.
169,
$3,106,000,
by
4Vis
Donald
Exchange
and
Securit'es
the
and
the
standing
the
1947,
—v.
169,
3.
profit
Common
per
370,437
Dec.
335,320
$3.27
-
profits on sales. to foreign
etc.—V. 168, p. 43.
realized
"Includes
after Federal income taxes,
335,320
•?
Gross
is
168,
:
"$965,000
622,782
Nil
$0.46
rec.
ins.
;
Profit
after
Federal
per
"*
' '
'-a*
taxes
4,307,953
outstdg.
1,841,473
sh._
com.
■'
$
$1.02
week
a
Capital
This Year
15,
1949
1949
1949__
1948
25,
—V.
169,
93,857
outstanding
:
$41,754
236,661
236,678
$0.18
1947
__
$0.61
On
of
Dec.
the directors
23
Chairman.—V
169,
amended
series
by-laws abolishing the office
the
—V.
Cities Service C«.
Gross
operating
Costs,
:
,
1948—3 Mos.—1947
1948—9 Mos.—1947
1
"v
jj} ■ A'1 ;AV:.''AAA
'/
j; J "A'-,v .AA'A
AI«
oper.
Depletion
Other
84,771,137 311,687,992 255,709,027
100,843,055
taxes.
&
and
dry holes,
Net
110,547,958 436,410,517 339,308,776
income 136,532,611
expenses,
maintenance
12,183,282
__
incomes
oper.
23,506,274
2,137,821
15,881,578
89,087,281
745,763
5,052,990
54,423,356
2,583,582
25,644,095
16,627,341
94,140,271
57,006,938
4,050,289
3,911,814
585,057
12,152,132
1,560,171
13,201,131
520,064
income
Total
income
___
Interest and amoitiz.
disc,
Divs.
and
Earnings
minority
of
expense
sub.
on
pfd.
stks.
applicable
to
Prov.
for
•Special
interests—
income
938,112
,
taxes.
477,019
7,079,540
3,126,263
27,675,145
142,257
82,664
263,340
charge
for
11,206,678
1,306,547
r
Consol.
Net
income. J * 12,913,833
net
income
"Equivalent
to
!_____
to
48,631,629
Jan.
$3.49
estimated
$2.28
reduction
premium and other costs
STATEMENT OF
and
CORPORATE
Other
Jan.
on
Int.
of
debt
Other
Prov.
disc,
-108,233
65,395
$6,203,587 $27,885,866
$17,985,382
832,759
921,915
2,534,515
2,470,180
amor.
and
Fed.
8,547
$9,704,895
c-xps.
f
exp.
deductions
for
1,596,918
1,672,735
4,859,295
6,256,994
19,000
125,000
33.000
423,000
337,000
1 48,000
966,000
334,000
____
inc.
income
tax_
168,
$6,919,218
______—
Net. inc. per sh.
—V.
stk.
com.
$3,335,937 $19,493,056
$1.87
$0.90
$8,501,208
$5.26
$2 29
2540.
p.
245,-
to
the
of
Harrison,
show
On
Dec
the
30
Inc.,
stock
Amusement
of
standing.—V.
a
168,
purchased
company
Records
wholly
p.
System, Inc.—New Subsidiary
owned
3,500
subsidiary,
Enterprises,
Inc.,
shares,
bought
which
has
and
1,500
Columbia
shares
shares
5,000
of
out¬
legal fight to upset the New York
a
order
recent
that
the
2321.
by Jan. 26
cause
why
cut
reduction
became
all customers' bills.
The
decrease
company
the order should not
rate
Stuart
tion
M. Crocker, President, announced
Jan. 14 that the corpora¬
plans to sell approximately $20,000,000 principal amount of deben¬
due 1974.
It is presently contemplated that
competitive bids for
debentures will be opened on or about March
15, 1949.
The de¬
tures
Tapscott, President of the company, said the legal action
beginning of the case.
company has no alternative but to fight the order if it is to
in a position to meet the electric requirements of New York
the
bentures
tion's
due
will
construction
1
1974
will
indenture dated
posed sale
be
used
be
as
the
of
second
April l,
finance
to
program.—V.
168,
p.
series
issued
under
the
corpora¬
The proceeds from the pro¬
part of the Columbia Gas System's
1948.
2117.
paid to the holders of the income
mortgage and; collateral trust sinking fund bonds dated Dec. 1, 1934,
interest of 2V2% for the six months ended Nov. 30, 1948.
Payments
company
vote
the
on
company
proposed
board
of
Proxies
that
no
annual
an
meeting
amendment
to
to
be
the
held
Feb.
certificate
8,
of
the
stockholders
incorporation
will
of
the
to
provide for an increase in the number of directors
It is
that
two
additional
directors
be
added
to
the
present
seven.
for
the
decision
meetmg
regarding
received
the
by
new
amount
Interest
were
this
on
Jan.
on
5%
1,
made
issue
payable up
to
earned
and
Jan.
on
at
accrues
for
bids
&
1
be
the
for
fund
sale
bonds
opened
on
stockholders
directors
has
Jan
21
yet
been
advise
made
CONSOLIDATED
of 3%
per
>
1947
$2,109,515
893,120
$2.39
share
common
Detroit-Michigan Stove Co.—$2 a Share in
John
A.
President,
Fry,
that unaudited
net
Jan.
on
1948—
said that "it can be stated
1948 will approximate $1,950,000
20
profit for the year
adjustments)
later
to
about
or
$2
share
per
Calif.,
to
to
Co.
it
of
of
semi-annual
any
Los
Angeles,
will up to
income
amount
an
Jan.
26.
The
EARNINGS
FOR
profit
interest period if
co-trustee,
stock.
capital
working
debt
.funded
adequate for any anticipated r^eds
borrowings of any kind."—V. 169, p. 4.
or
Devoe & Raynolds Co.,
Dec.
31
and
mortgage
sufficient
to
and
25
re¬
trust
collateral
the sum of
All tenders
submitted will be ac¬
exhaust
lowest
offers
FISCAL
YEARS
ENDED.
discount
on
the basis
to
two
part
Dec.
14
of
for
on
Dec.
$11.50
block
a
be
the
Divco Corp.,
employees
and
class A
5,050
shares,
1,200 B shares
exchanged and sold
shares
B
receiced
A shares
the
from
will
sale
There
be
in
the
held
in
the
of
was
company's
3 shares will
shares outstanding
186,626 B
were
exchange
the
1,200
644.
p.
Detroit, Mich.—-Officers Elected—
has been
President,
The
shares
A
These
money
168,
officers
for
share, and sold
shares purchased by the company on
officer and director who resigned.
The
an
working capital.
31.—V.
eight
A
13,300
5,050
$116,150.
and
John Nicol
as
of
the
of
to
exchange
one
share.
a
$155,700 from
added to
be
at
value
to
shares for
two B
officers
were
shares in
common
of
and
appointed Chairman of the Board; Ray A. Long
E. Muma as Vice-President in charge of
George
168,
Dobeckmun
T.
F.
Dolan,
will
closed
1580.
p.
78%
Dolan
Mr.
that
for
also
1944
p.
$12,000,000
anticipated
at
for
that
The
V
: AA
-
the
for
with
on
year
just
$10,153,000
$14,815,000, but
of
the
in
latter
Top
for
for
1948
year
1947
would
for
was
was
1948—12 Mos.—194
$1,234,824 $15,373,448
1,090,447
1,032,020
13,146,170
86,785
73,423
762,054
$162,717
$129,381
$1,465,223
taxes_____
double
168.
net
(& Subs .)—Earnings—
1948—Month—1947
expenses
be
income
$273,697.—V.
"A
$1,339,949
revenues
income
at
income
high.
amount
Eastern Utilities Associates
Operating
Operating
sales
says
compared
as
1944
net
all-time
an
$502,600.'
A7 't.A...
742.
set in
business.
war
1947
President,
and
around
peak had been
from
was
Co., Cleveland, O.—Sales & Profits Up—
founder
total
The
1947.
A
Other
income
$13,954,0
11,681,4
754,6
(net)____
bonds
retired,
and
after
all
deductions
51,926
42,353
601,481
529,912
$171,734
$2,066,704
Deducts,
$2,047,881
35,360
31,032
389,224
$179,284
$140,702
require.—Blackstone Valley Gas &
$1,677,481
$1,661,C
77,652
77,(
from gross
inc.
Net
Pfd.
income
divid.
Electric
Applicable
Co.
to
minority
interest
23,039
.
386,842
22,£
$1,560,475
in¬
Earnings
of
UTILITIES
subsidiaries
Non-subsidiary
ASSOCIATES—<
(as
above)
-
.
.
$1,576,789
income
Expenses
$1,560,475
263,350
Total
$1,823,825
taxes
and
interest
175,789
__
•
$1,517,969
$214,643
EASTERN
1947
$527,579
163,809
amortization,
$1,282,
provision for
bond interest, depreciation, amortization and Federal taxes on income.
1040.
no
30
NOV.
$583,270
"203,443
;
bond interest, $210,978; depreciation, $114,829;
and Federal taxes on income, $79,534.
tBefore
—V. 168, p.
with
Ltd.—Exchange of Stock, etc.—
transferred
company
class B
South
760
and including Jan,
profit
"Including
out-
the
on
common stock, after allowing for dividends on the preferred
The company was never in a stronge financial condition with
and is
annum,
1948
cluding
1948
$1,283,812
958,120
$1.29
Sept. 30—
outstanding-
Applicable to E. U. A
tOperating
Net
trans¬
2224.
p.
charges and taxes
after
per
168,
and July 1, last year.
the rate
$141,677 at prices not to exceed the market value thereof.
will
and
Inc.—Earnings—
(net)
Trust
Los Angeles,
Street,
ceive
annum
per
Bank
Union
sinking
Vice-President
a
1949
available.
The
appointed
been
was
166, p. 343.
Fed.
cepted.
Columbia Pictures Corp.—To Increase Directorate—
At
Office Buildings Co., Los Angeles, Calif.
—Pays 2V2% Interest—Tenders—Financial Statement—
Hill
.
has
Earnings
—V.
effective
ordered,
was
Consolidated
of like
Columbia Gas System, Inc.—Proposed Debenture Issue
•
letter of notification with the SEC
debentures, due 1979.
Underwriter,
Proceeds will augment
company's
department with headquarters in New York.
formerly Plant Manager of the Atha Works,
shares
year.
a
City," he said. "The company must not let its credit be impaired, and
this is just what the Commission's order would do."—V. 169, p. 204.
The
a
York.
New
Period End. Nov. 30—
Columbia Broadcasting
.Wilmington, Del.—Files—
11 filed
165, p. 2133.
J.—V.
N.
treasury;
only the
remain
Inc.,
Cleve
income
10,100
Ralph H.
was
or
its
recently denied the company's request for a rehear¬
order.
the
rate
it,
of
sale
together with government facilities there,
Reconstruction Finance Corporation acting
Administration up until 2 p.m. Jan. 21, an
after the
date set for receiving
sealed bids.
subordinated
5%
9 Months Ended
Net
com¬
Jan. 10. It
amounts to a 10% cut on
A
In
denying the plea for a rehearing, Milo R. Maltbie, Chairman
of the Commission,
recalled that the company had been granted an
$ll,000,000-a-year increase in its gas rates at the same time the elec¬
tric
the
for
the
Jan.
on
production.—V.
Comihission
on
bids
.;;:7?A::AAA.
.
Cuneo Press,
show-cause order, signed by Judge Isadoi'e
State Supreme Court in Albany, directing
a
York
New
to
Commission
ing
against
A
sales
the
Van
Mr.
year.
annulled.
be
"The
Net
ended
Bonds—
New York City by $21,500,000
obtained
company
Bookstein
The
3,910
_____
and
and
$6,195,040 $27,777,633 $17,919,987
divs.;
income
debs,
$9,700,985
receipts.
admin,
on
.
voted
2,956
that
6.9%.
Voiding Electric Rate Cut—
began
18
Commission's
Service
The
1948—9 Mos—1947
the
subsid.
and
sundry
Total
Gen.,
in
int.
and
(COMPANY ALONE)
dividends
invests,
on
INCOME
1948—3 Mos.—1947
and
announced
Cleve
Van
E.
ferred
(subject
inviting bids, subject to the terms and conditions,
purchase from it of $50,000,000 first and refunding mortgage
company
Public
"
Ohio,
;
of
Co.,
&
aggregate
The
applicable
"
14 the execution
Corporation acting
Finance
*
hours
48
company
deemed
securities.
,'AlVv AV"'A-
'
; standing
elec¬
19
Seeks Court Judgment
$7.39
$13.13
Federal income taxes
of
retired
on
Period End. Sept. 30—
Interest
Div.
York.
27,377,644
A*
A,^A'.
-
voting
those
of
by
4.
$250,000
A.
is
its electric rates in
;
Redemption—
share
per
stock
common
8,444,524
of
for
at
pany
which
Assets
general funds.—V.
series E, due Jan. 1, 1979.
Bids will be received by the com¬
or before 11 a.m.
(EST) on Jan. 25, at 4 Irving Place, New
bonds,
Venezuela,
of
A.,
Curtice was President,
Curtice
Ruby,- Inc.,
been, changed to Exploration Con¬
Reconstruction
company
War
Common
on
company
the
S.
12,
company
A The
1,949,026
3,857,854
the
Warren,
Hodson
2321.
p.
Bids for Purchase of $50,000,000
•
Ruby,
2632.-' 1 A
between
received
p.
On
1,965,912
such
for
Crucible Steel Co. of America—New Vice-President—
announced that System output of
tricity
(electricity generated and purchased)
for the > week
Jan.
16,
1949 amounted to 226,600,000 kwh.,
compared with
500,000 kwh. for the corresponding week of 1948, a decrease of
Local
distribution of electricity amounted to
218,900,000 kwh.,
pared with 218,800,000 kwh. for the corresponding week of last
"
legislation
petroleum
of. Hoover,
business, -has
in
voting
18
the
169,
The
Consolidated Edison Co. of New York, Inc.—Output—
The
and
geologv
and of which Mr.
name
Crown Capital Corp.,
the directors declared a quarterly dividend of 20 cents
per share on the common stock, payable Feb. l to holders of record
Jan.
19, 1949.
This compares with 18% cents per share previously
paid each quarter.—V. 165, p. 335.
29,176,393
35,635,244
9,895.243
.The
99.3%
or
Jan.
extension
deprec.,
etc
of
,
Curtice &
Hoover,
in foreign work
those
of
be
the
Jan.
of
agreement
at
5.23%•■—V. 169, p. 204.
Consolidated Dearborn Corp.—Increases Quarterly
On
in
■
dissolved.
—V.
(«fc Subs.)—Earnings—
Period End. Sept. 3C—
/A
168,
consultant
special meeting of the stockholders held Jan.
a
an
through
option of the holders, at the following agencies: State Street Trust
Co., Boston, Mass.; The Chase National Bank of the City of New York,
New York,
N. Y.; and Harris Trust and Savings Bank, Chicago, 111.
3.
p.
.-At
would
has called for redemption on Feb. 15, li>49, out of
sinking fund, $920,000 of first mortgage 3%% bonds,
A, due Feb. 16, 1961, at 102 "/2 and interest.
Payment will be
at the Old Colony Trust Co., trustee, Boston, Mass., or, at the
made
^
known
through the War Assets Administrator,
and Copperweld Steel Co.
authorizing the offering and sale of all the company's steel-making
facilities at its Warren, Ohio, plant was ratified and approved.
Of the-543,744 shares entitled to vote,--432,943 voted in favor of the
plant
3.9
6.9
11.9
13.6
company
in
drafting
and
:
*
.continues
On
Southern Corp.—Weekly Output—
Connecticut River Power Co.—Partial
The
moneys
an
204.
p.
1948, an increase of 17,049,984 or
It was recently announced
that on Dec. 3 the C. I. T. Rediscount
was incorporated in Delaware to engage in the business of pur¬
chasing and selling of installment receivables. The new corporation has
an
authorized capital of 25,000 common shares having a subscription
price, fixed by the directors, of $100 a share, all of which have been
subscribed and were issued to C. I. T. Financial Corp.
of operations.
internationally
is
tractors',< In©.-~V. 168,"p.
0.7%
weekly kilowatt hour output of electric energy of subsidiaries
this corporation adjusted
to show general business conditions of
Corp.
charge
firm
been
resolution,
territory served for the week ended Jan. 13, 1949, amounted to 342,852,580 as compared with 325,802,596 for the corresponding week in
C. I. T. Financial Corp.—Forms New Subsidiary—
McColIum
F.
Copperweld Steel Co.—Sale of Ohio Plant Approved—
The
of
include L.
Corp.
of
of
engineering
engaged
which
% Inc.
-
Petroleum
Conorada
of
Cosgrove
formulation
The
28,485
$146,405
1
_
Last Year
242,168,000
Dec.
70,239
share_____
per
,,
has
-Aa-AA'AA
241,935,000
235,144,000
216.068.000
213,216,000
251,295,000
251,264,000
241,696,000
carried on either
companies to be
purpose.
Emery
direct
the
was
Co.—Weekly Output—\A;AA:"A"''
Week Ended—
Jan.
—_
shares
'
ago.
Following are the kilowatthour output totals of
weeks and percentage comparisons with the previous year.
year
Commonwealth &
Earnings
in
Electricity output of Commonwealth Edison bompany and associated
companies, excluding sales to other electric utilities, for the week
ended Jan. 15, 1949 showed a 3.9%
increase over the corresponding
the past four
to
be
such
of
and has been associated with Hoover, Curtice
&
Ruby, Inc., and its affiliates.
That firm and Mr. Curtice indi¬
vidually have acted as technical advisers to numerous foreign govern¬
ments in Latin America and in the Middle East and have participated
$2.57
A
AA-';"-
J.
R.
Curtice
Mr.
of
$688,296
taxes
W.
in
be
1,841.473
$6.44
A
directors
James
governments.
A 5,4tl;956 '
-
for such
petroleum
$
:
: 12,547,789'
AAAl,841,473
"K'.'A-' A> ''VA-aAAA"
169, p. 107.
240.262
income
Net
"
,:
2,103,400
1,841,473
-
$2.21
;
Commonwealth Edison
$1,133,399
charges
income
is
'v- A'AA'A
acquired. 456,205,572 386,381,863 1,297,823,409 1,075,568,504
premium,
9,764,558
6,985,528
23,789,809 .21,116,858
subs.; .23,405,101
21,657,068
69,191,107
60,481,351
shares
8,
1,
1948
acquisition
actual
The
the Continental Oil Co.; J. C. Donnell II
The Ohio
Oil
Co.;
and A. Jacobsen
and
H.
McCullough of Amerada Petroleum Corp.
Arthur A. Curtice
the seventh director of the corporation and its President and will
E.
1948—3 Mbs.—19471948—9 Mos.—1947
Jan.
—
oil.
their subsequent development will be
companies direct or by subsidiary
parent
The
'
.
A
ACCOUNT
INCOME
Jan.
sales
of
production
and
the
by
and
profit after chgs.
—v.
1,
Quarter Ended Sept. 30—
conduct
the
organized
mfg.
-and. Federal
Earns,
Chicksan Co.—Earnings—
Net
to
it
for
$1.42
-
sales
Com.
flight was added Dec. 19.
The international flights serve
and Kingston, Jamaica, enroute to Venezuela.—V. 168, p. 2320.
Weekly
the parent companies from
comprehensive investigations,
be made by
may
enable
to
favorable
2321.
p.
Net
Extend
1946, and began service three days per
to Caracas, Venezuela on July 31, 1948.
A fourth
week from Houston
Havana
575,000
638,352
1, 1953.-
Gross
and
subsidiaries,
.
Nov.
time
to
including geological exploration, outside of the United States and
conduct negotiations for the acquisition of prospects considered to
$1,540,000
"$370,000
share
common
$
service between the United States and Venezuela is con¬
templated within the next 60 days - by this corporation;
Now oper¬
ating four round trips weekly between these two countries, the airline
is awaiting only approval
of the Venezuelan Government before in¬
augurating the additional service.
■
•
.
,•
The
airline
has been
operating to Havana, Cuba, via the New
gateway since
$630,000
advances
necessary
time
654,311
outstanding...,
Period End. Sept. 30—
air
Orleans
and
260,000
CONSOLIDATED
Daily Air Service Operations to Venezuela—
K Dally
oil
Sept. 27,'47 Sept. 28,'46
taxes
$2.37
Chicago & Southern Air Lines, 'Inc.—Plans to
10
of
joining efforts to investigate prospects for the development' of
producing properties abroad.
...
was formed with a nominal capitalization,
of
r.A
ACCOUNT
$23,000
shares
$970,136
,.
Jan.
on
each
Conorada Petroleum Corp.
$23,000
Net
-v
INCOME
Ohio Oil Co., and Amerada Petroleum Corp.
the organization of Conorada Petroleum Corp.,
these companies has a one-third interest.
The
The
company,
organizing companies are important crude oil producers in the United
States,
and the new corporation has been formed for
the purpose
Abe
Abe Montague and
independent public accountants
loss
1946
1947
share—
common
the
Cohn,
Spingold,
has borrowed $24,000,000 from a group of insur¬
ance companies and trusts at 2%%.
The notes given will
mature
in
four
equal yearly instalments
beginning
$1,270,346
$2.35
outstanding
shares
Earnings
Jack
Reese'stated.
2682.
p.
which
in
Commercial Credit Co.—Loans Placed Privately—The
Sale Company)
1948
-
——
_________
of
election
the
and
Continental Oil Co.—New Foreign Affiliate Formed—
This
company
$1,009,061
30—
3 Months Ended Sept.
"Net
the
elect
be
Cohn,
168,
and
Co.—Earnings—
Domestic Subsidiary
(Including
B.
Harry
—
Nate
Sept. 25,'48
Federal
"Profit.—V.
■
Chicago Pneumatic Tool
to
will
meeting
proxy
profit
Earnings per
of the Second mortgage 4 Vi %
1, 1999.
At the close of
$80,390,772
of
the
issue
outstanding,
had
company
p.
the
the
initial $18,800,000
type air-cooled tank
an
new
a
authorization for facilities
and
announced
due Jan.
series A.
bonds,
income
$78,675,772
1948,
31,
Dec.
on
convertible
arising
benefits
certain
for
plant and in a large government-owned factory there, Mr.
—V.
agreement,
this
received
has
Department
prospects
Net
by
public
the
of
Cohn
Mr.
into
Price, Waterhouse and Co.-
Messrs.
for
Common
$1,715,000 according to a report filed with
Securities and Exchange Commission.
The road stated it had out¬
hands
the
before
in
Blancke,
M.
CONSOLIDATED
in
4Vis
income
its
amount of
the
reduced
1948
to
enter
Reduced—
Chicago & North Western Ry.—Debt
in
available
Stralem—and
S.
Operating
company
to
Cohn
These
matters
Leo
auditors,
Provision
The
Mr.
13 Weeks Ended—
107.
p.
whereby Mr.
6-month notice
a
insurance
nominated
directors
in
company
of
life.
his
Additional
Reduced—
This
to
corporation
announced,
company,
subject
Engine Order—
order from the
engine recently
special tooling needed
to produce the order, C. J. Reese, President, announced on Dec. 16.
The
contract will be handled
in the company's Muskegon, Mich...
.A.A: A
..
party.
for
made
been
$300,000
oh
held
Milwaukee,
Continental Motors Corp.—Gets Army
This
employment
proposed
a
the
of
salary,
A','
VA;
.
on
1949
Monday, January 24,
t
Ordnance
policies which the corporation • has long
benefits, outlined in detail in the proxy
statement, will be payable to Mr. Cohn or his heirs upon the occasion
either of his death or disability.
2681.
Chicago,
has
from
present
either
by
vote
to
President
Cohn,
his
at
inducement
an
asked
are
Harry
continues
termination
of
share
per
with
contract
Cohn
A, r,A<,.
;
also
Stockholders
payable Jan. 31 to holders of record Jan. 26. This
cents
per
share previously
paid each quarter.
stock,
common
CHRONICLE
mental
Cherry-Burrell Corp.—Dividend Rate Reduced—
The
FINANCIAL
&
the board.
The proxies further state if such a decision is made
them prior to the date of the annual meeting, that a supple¬
letter containing such Information will be mailed to common
by
$97,000, reducing the loss for the first five months of the current fiscal
year to $246,000, after taking credit for estimated tax carryback.
In
the first six months of the fiscal year ended Dec. 31, 1947, there was
a net profit of $1,418,313,
equal to $2.67 per common share.—V. 167,
p151.
■
; ■1.;a; /v..",,"-•■•V-V.
the
COMMERCIAL
THE
(376)
$1,638,549
$1,648,036
Volume
(Earnings
12
THE
Number 4771
169
only)
Association
Holding
of
1947
$1,608,259
236,241
$1,871,609
Net
sales
70,588
60,267
Net
income
41
58
88,544
100,028
15,308
15,436
$1,584,117
$1,695,820
1,371,300
157,911
1,371,298
157,911
1943
Dividends
from
subsidiaries
Fall
River
Light Co".—
Electric
,
____
General
;
__
taxes
Federal
■
-
:
income
taxes
_
;
:
Interest
in comb
Common
Convertible
—V.
_
dividends
168,
paid
___—
paid_!
dividends
—1-
2683.
p.
Dow Chemical Co.—Phenol
The
company
expanding
its
plant
new
Capacity Increased—
19 announced completion of new facilities
capacity by 30 million pounds per year.
The
in production.
Jan.
on
phenol
is
now
manufacture of synthetic phenol in this
country in 1915, and today this important chemical is used in especiaily large tonnage in the production of phenolic plastics, plywood
bonding agents and other adhesives, protective coatings and in oil
refining. It is widely used in the chemical industry as an intermedi¬
ate in the manufacture of pharmaceutical's, agricultural chemicals and
many other products. —V. 169, p., 204.
The
instituted
company
into
El
Gross
Total
—42,000
$97,288
$1,331,071
$1,255,852
2,198
2,671
43,060
26,451
$104,063
$99,959
11,816
$1,374,131
174,475
$1,282,303
(net)—.
income
deducts.__
income
3,018,0831
461,461
$101,264
Utility oper. income—
income
$4,735,396
3,387,286
628,200
293,709
"137,300
.
$5,346,557
$432,998
2.99,958
Oper. rev. deducts
Federal income taxes__^;
Other
1948—12 Mos.—1947
1948—Month—1947
$468,522
"
revenues
13,148
income
Preferred
■
$90,914
dividend
Balance applic.
67,500
67,501
$1,011,283
$2.96
special charge
and
expenses
of
$8,571
representing that portion of pre¬
of bonds which is equivalent to
redemption
on
resulting reduction in Federal
taxes
.income.—V.
on
168,
2683.
p,
,E1 Paso Natural Gas Co., El Paso, Texas—Files—
term
CONSOLIDATED
Period End. Nov. 30—
Operating
Oper.
deductions
revenue
Exploration
opment
and
INCOME
ACCOUNT
1948—Month—1947
___$2,067,299
revenues
1948;
other
541,191
11,353,688
5,082,961
'
Balance
V
8,454
219
13,147
$960,200
$514,272
$9,401,027
$4,880,801
17,577
13,477
65,715
125,713
$977,776
$527,749
$9,466,742
also
time
the
to
in
1945,
for
company's
the
increase
due
undertaken
construction
renewed
were
that
fact
substantial
a
private
to
to
of
Losses
reinsurance
the
F.
$13,053,902,
totaled
incurred
during
earned
coinsurance
and
D.'s
&
premium
net
increase over
an
$15,039,825,
company's
amount
of
Net
$512,915
amounted
1948
premiums,
for
27.8%.
The
paid
000
in-
the
$978,103
of
Federal
to
1947.
share
and
in
by
various
$12.43
or
$840,000,
including
of
extra
The
to
banks
be
in
are
of
par,
&
market
D.'s
is
carried
of1 which
the
bonds
of
U.
S.
Scrip
31,
date,
of
in
if
the
Dec.
He
income
income
16,758
1,278,244
229,733
(net)
taxes
274,628
94,010
2,770,310
$587,172
Pfd.
stock
div.
at
$416,980
$5,418,188
require. 7
for
divs.
—V.
common
939,967
-
34.479
34,479
$3,836,814
413,750
321,219
It
and
168,
surplus—
carried
$382,501
$5,004,438
$3,515,595
2683.
p.
stocks
at
stock
the
less
of
For
the
this
of
week
ended
corporation
551,000
kwh.,
Jan.
25.2 %
or
13,
Corp.—Weekly Input—
CONSOLIDATED
Period End. Nov. 30—
'%■
Other
taxes
of
First Bank
directors
payable
will
be
the
$
175,060,439
147,560,010
18,271,958
83,489,306
69,963,045
3,934.720
for
3,982,876
18,773,837
14,737.492
2,940,871
13,741,738
res.
64,239
256,958
lease
89,250
86,245
8,804,625
6,850,282
19,568,159
17,986,408
357,205
345,172
38,873,236
32,517,057
of plants
_
,
-
Other
income
Gross
y
Int.
public
deductions
Pfd.
divs.
51,363
809,898
653,075
6,901,645
39,683,134
2,282.201
1,906,977
8,952,621
of
Power
&
400,386
1,601,544
to
Co.,
272,751
226,849
1,331,163
equity
Other
of
vious
in
value
share
1 as
consecutive
dividend
Bank
Stock
of
paid
cents
50
record
Feb.
15,
This
since
Dec.
portion
31,
the corporation
than dividends paid
'
of
1948,
this
amount
the
common
has
together
with -results
with
reported,
as
$24.61
per
Total
27,797,806
inc.
4,367,433
27,797,806
21,923,486
523
15
522
1,050
the
over-all
record
and
working
payable
sales
labor
capital
a
Feb.
because
costs.
164,
Period End. Dec. 31—
surplus
the
168, p.
to
there:;
for
regular
p.
the
1948
year
Months Ended Nov.
Operating profit
Miscellaneous
Total
was
domestic
before
were
expanding
absorption
need
the
the
of
of
21,924,536
391,907
800,912
U.
985,495
636,429
Depreciation
S.
&
women's
26,420,926
20,487,195
income
15,6.98.000 152,328,000 145,168,000
a
company
over
has
Earnings
all-time
taxes
&
deprec.
high.—V.
163,
1947
$1,042,287
$884,589
EARNINGS
OF
COMPANY
ONLY
1948—3 MOs.—1947
—V.
167, p.
the
hopes to
February, and
company
middle
of
;
$913,909
405,853
64,692
$585,083
$497,967
357,912
$1.39
___
,
__.
:___
outstanding
Payment
bn
share
per
>
payment
of
$7.50
per
foreign
and
of
and
W.
J.
appointment of H. P. Arbuckle
accounting and auditing for both
H. D. Taylor as Assistant General
the
of
refineries;
also
of
auditing
Nichols
three
Chief
domestic
in
the
retirement
the
of
168,
Gulf
Jesse
the
of
service.
K.
Crown-
p.
'
:,'i S.v,
-
,%\\
.
;■■■-,
J-'
,
■■■■.'
V,'j'"
■■
Gulf Public Service Co., Inc.—Successor
Chemical
Bank
trustee
successor
securing
&
'
Trusteer-r»
■
V-""'-
;V
Trust
Co., New York, N. Y., has been appointed
mortgage and deed of trust dated Oct.
1946,
first mortgage bonds due Oct.
1,
1976.—V. 168,
under
$5,942,000
1902.
p.
foreign
and
Auditor
Internal
veterans
are
announced
both
for
as
men
Assistant Secretary and personal secretary of the President,
2684. '
an
as
—v.
Appointments—
charge
'
(
Gulf States Utilities Co.—Trustee
Irving Trust
Co. has been
debentures due
Jan.
1,
1969.
COMPARTIVE
Appointed—
appointed trustee for $15,000,000 of
See offering in V. 169, p. 205.
>-*7
End. Nov. 30—
Period
INCOME
ACCOUNT
Operating
1948—Month—1947
1947—12 Mos.—1947
revenues
$1,864,666
$1,642,426
$22,449,406
$19,261,695
Operating expenses
1,272,055
1,049,353
14,997.585
12,650,702
143,717
188,803
2,243,928
2,083,191
$448,894
$414,2'0
$5,207,°93
$4,527,802
Federal
income
taxes
oper.
revenues.—
income
11.048
Interest
and
6,857
33,180
52,390
$477,846
(net
$407,404
$5,174,813
$4,475,412
Dr)
Balance
amortiz.—
53,823
63,675
741,428
*705,377
$384,024
income
$343,729
$4,425,385
$3,770,035
Preferred
dividend
requirements________
743,000
528,000
$3,682,385
$3,242,035
2,182,820
1,909,968
$1.69
$1.70
351,250
72,311
—357,912
taxes
RR.—Resumes
a
29,320
share
per
that
the
about
announced
in
corporation
Other
______
Capital .shares
addi¬
1948—12 Mos.—1947
20,960
1
the
dividend of $5 per share was
also declared,
stockholders of record Feb. 4.—V. 169, p. 109.
to
All
The
hosiery
$1.63
income
stock¬
the
of
annual
Department.
The
__
^
any
higher
$1,063,247
Canadian
have
from
produce about 12,500 tons of newsprint
declared
accounting
refineries;
increase
to
1948
income
states
machine
Western
&
Auditor
and
Auditor
Sales
2152.
income
27,798,328
Net
Period End. Nov. 30—
President,
have
company
■■■
30—
income
sell
to
19,
stock
informed
management
intention
no
•;
Jan.
on
capital
authorized
the
2431.
p.
16
General
Div.
Gamewell Co.—Earnings—
85,000
v
to
commonly
■!..!.
2542.
97,645
4,184,803
parties
;
,
announcement
an
The
has
Gulf Oil Corp.—New
pre¬
10 cents per sKAbe
holders of record Feb.'^7.
competitive
13,036,000
for
4,367,448
5,723,582
L;
time.
McKay,
directors
The
1144.
6ity—Reduces
1948—Month—1947
sales
Sales
90,456
_x__
shares.
company
Bay
as
<■
223,000
carried to consol.
earned
agreement
Collyetj
John
soon,
109,
p.
increase
to
newsprint
new
Applicable
to
common
Common
Bal.
1.
169,
is expeced that it will
The
dividend of
17
of
Also,
requirements
division, he added.—V.
6,037,038
taxes
pooling
patent
expected
of
Previously, the company paid 15 cents per share each quarter.
*
Ivens Sherr, President, stated that 1948 earnings were lower despite
21,923,486
6,036,515
———
for Fed.
be
can
19.
according to
this
168,
Net
Prov.
\
B debenture,, to be made Feb. ,16.
(This is.-the, first distribution
be made on this issue since 1945.
The usual annual payment of
$50 per class A debenture was also ordered, payable Feb. 16.
•
$25.86
was
share
13,757 stockholders.—V.
Jan| f4' declared
stock,
O.
payable Feb.
(Including subsidiaries Rockwood Sprinkler Co. and Eagle Signal Corp.)
Expenses and taxes—
per
to
$6,942,212.
capital stock,
compared
The corporation
on
the
at
year.—V.
Net
i
be
will
Broadway,
$6,873
class
at
M
In addition, the corporation had a proportionate interest
interior reserves and other assets aggregating
approximately
difectors
The
its
The
'
p.
abovei_
corporation
;
Class B Debentures—
share,
per
1949.
by
totaled
Corp.
the corporation's
of
on
year.
certain
Net
Light
__:
dividend
a
and j is 100 per share greater
since September,
1945.
First
$14,500,000.
6
income
declared
to stockholders of
intervals
corporation's
The
Corp.—
Net
field
Jan.
1,200,000
that
that It
with $2.02 per share in 1947 on the 2,831,188 shares of stock
outstanding. The corporation paid to its stockholders in 1948 dividends
of 80 cents per share
amounting to $2,264,950.
1,176,904
to
4,367,433
1481.
government-sponsored
rubber
proposal
stock
start
Life
1,601,545
6,036,515
this
of
remains for the Canadian Government, which has a
agreement, to concur in that arrangement, he said. *:
Gamble-Skogmo, Inc.—December Sales Show Decline
subs.—consol.
168, p.
discontinued.—V.
William
compared
8,468,197
400,386
— _
stock
common
field.
1,000,000
3%
equity of Elec. Pwr.
Light Corp. in inc.
Elec.
the
33,170,132
public
interests
for
stockholders,
tional
operations of the parent corporation and its other active affiliates,
Bancredit Corp. and First Service
Corp., produced combined net
operating earnings of $6,879,230. This is equivalent to $2.42 per share
other
&
applicable
minority
'>
187,228
8,991,853
(net)
to
Portion
Net
(net)
income
to
48th
1949,
T.
material
income —
Operating
y
$47,450
December,
only
a
First
on
4,478,682
1948
$48,830
Minneapolis, Minn.—Dividend
Fownes Brothers & Co., Inc., N. Y.
5,164,671
14,
1941, agreement, already have agreed on the
^arrangement for the return to free competition in this
an
be
holders
Jaffray, Chairman of the Board, and Augustus H. Kennedy,
President, reported that in 1948 combined net earnings of the 75 bank
256,958
&
approp.
1949
the
of
wartime
The
11,753,878
G4.239
retire.
Jan. .19
10,
organization
per
'V S
36,675,153
_
ended Jan.
week
in
Green
Stock Corp.,
on
March
Clive
1948- -12 Mos.—1947
S
adjusts.
&
depletion
(net)
year.
ACCOUNT
v-
of
approved
Increased—Earnings—•
utility plant
depr,
Rent
last
3,499,125
—
acquisition
Prop,
of
15,-
43,348,342
—„
taxes
Amortiz.
week
of
21,791,712
revenues
Operating expenses
Federal
subsidiaries
increase
an
corresponding
INCOME
of
input
kwh.,
1948—3 Mos.—1947
Subsidiaries—
Operating
77,211,000
the
over
the System
1949
to
amounted
the
Guaranty Trust Co. of New Yor.V.
140
denominations of one-third skies' at
Y.,
the
now
ment
K.
Herbert J. Tily.
Mr.
Mitchell is also a director of the Lumbermen's Insurance
the Philadelphia
National Insurance-,Co.,
the Provident Mutual
Insurance Co. and the Commonwealth
Title Co.—V. 167, p. 1469,
The
Power & Light
for
kwh.,
Collyer explained that the action now being taken is made
mandatory under the Rubber Act of 1948 which directs that exchange
of patent rights and
technical information under the wartime agree¬
Mitchell, President of Provident Trust Co., Phila¬
delphia,
Pa.,
has been
elected
a
director
of
Fire
Association
of
Philadelphia and The Reliance Insurance Co.
to
succeed
the late
affiliates
Electric
2684.
p.
Mr.
Bonding Co. of Baltimore, which
than its liquidating
value.—V.'168,
,
$552,693
168,
Corp.—Weekly Output—
corporation
this
of
announced
as
similar
the
American
substantially
R.
six-month
'
,
of Los Angeles below.—V.
revealed that the major rubber companies and other
agreement/completed soon after Pearl
Harbor
and
terms
Fire Association of Philadelphia—New Director—
William
its
Balance
7
shares.
2118.
The
income
Net
the
N.
broadening
com¬
in
are
all
of
410,000
/
man-made
known
in
the
the
a
Gross
Income deductions
Federal
than
more
x
one-third.—V.
the
31,
issues
and
lower,
exception
by
President,
investments,
company
all
of
'■
T.
Brothers, Inc.—To Redeem Scrip Certificates—
Termination
$1
cash
by
Government
1948,
with
of
these
2%
(B. F.) Goodrich Co.—Patent Pool Termination Nearfrom
was
was
owned
Of
the
hold
0.6%, and
205.
certificates
York,
each
.
as
$6,621,398
by
than
$12.26
dividend
assets
stocks
owned
Dec.
same
the
and
$32,516,993.
include
All
values
of
at
total
amount
Bonds
which
affiliate,
company's
books
its
on
bonds
values
F.
the
companies.
$26,635,700.
or
market
the
trust
carried
are
showed
$44,274,999,
and
pany
sheet
less
and other fiduciaries number
charitable institutions owning G-E
revenues
169,
redeemed
in
balance
total
bank
,
$646,-
with
.
of
as
banks,
an increase of 7,089,069 kwh., or
the corresponding week of last year.—V. 169, p. 205.
over
Gimbel
of
reason
enterprises
and
162,072,285
adjustments,
$240,000
which
special
a
output
p.
de¬
extraordinary and non-recurring income
1947.
After providing $120,000 for the January, 1949 reg¬
ular dividend of $1 per share, the
company added $771,531 to surplus,
increasing that item to $14,053,280 as of Dec. 31, 1948.
received
electric
—V.
with
of
reserve
reserve
compared
recorded
Brokers,
Foods Corp.—Bireley's Division Retires from
Bottling Activities—
from
a
compared
.■%'.
•1
r
to
1947,
other
share,
per
248,850
205.
Operating
1947.
over
New
1948 after providing a
taxes
amounted
aside
paid
$864,483,
was
year
the
over
individuals.
Georgia & Florida RR.—Operating Revenues—
of
'■
.
paid
set
the
net profit in
income
$1,491,531,
share in
Dividends
per
for
17, 1948,
William W.
year
36.7%
or
Dec.
1949,
Week Ended Jan. 7—
^
company's
for
amounted
per
income
1947;
approximately
p.
amounted to
4.6%,
to
1947.
to
of
as
25,
guardians
trustees,
educational
General Public Utilities
of
Earned pre¬
$5,517,707,
to
489
are
See Pepsi-Cola Bottling Co.
•j,
L947.
increase
an
premiums
income
of
1947
above
11.6%
or
compared
as
investment*
$951,641
The
total
87%
business
other
Jan.
said.
Trench
while
General
covered
salvage collections during the year were $626,402, or 4.2%.
After
providing all necessary reserves, the company's gain
underwriting before Federal taxes was $1,336,813, representing
crease
and
Localized
bond
contract
period
the
increase vof
an
Mr.
Various
payable
announced.
similar
a
large
the
during
dividends
has
stockholders,
169,
1949,
companies,
miums
$5,006,514
115,977
______
Other income.—
first
total of 240,339 stockholders
a
for
Great Northern Paper Co.—Stock Increased—
$9,976,909
542
stock
•
$20,763,170
devel-
costs
the
stockholders,
deduction
amounted
is
1948,
24,
nominees
$1,17
has
date
Secretary,
total
Of
report.
After
1948—12 Mos.—1947
$1,055,683
1,106,556
Tha
Sept.
1,200,000 shares outstanidng———
on
the
showed
and
by the
I
for
in
writings
public
p.
share.
per
!
1,400,290
x
Bach,
basis
period
at
The company on Jan. 10 filed a letter of notification with the SEC
4,700 shares of common stock to be offered to eligible employees
at $42
taxes—
—V.
A,
amount
.
income
Federal
President, in his annual report mailed Jan. 18 to
stockholders, reported gross premium writings of $24,096,842, repre-v
senting an increase of 41.4% over 1947. This, he said, was the largest
volume, of business ever handled in any year in the company's his¬
tory.
He explained that the increase was due largely to the fact that
a
large number of fidelity risks, which were written on a three-year
83.3%
for
record
$17,500,116
—
T
after
Fidelity & Deposit Co. of Maryland—Annual Report—
1948
"Includes
the
corporation Frank J. Quigan, Inc.
—1
Frank
$2.65
Earnings per share—381,994 shares
mium
$1,078,789
$1,132,156
stock and surplus
common
The company
with
merge
10.7%.
*203,514
$1,199,656
$88,143
requirements^
to
to
proposal
a
EARNINGS FOR 10 MONTHS ENDED OCT. 31, 1948
"
reserves
Net
approved
13
Cash
Paso Electric Co.—Earnings—
Period End. Nov. 30—
Jan.
on
Earnings per share
—V. 168, p. 2541.
the
Operating
this
Trench,
' '
.
Total
Expenses
stockholders
The
and
5
(377)
General Electric Co.—Number of Stockholders Increase
263,350
$1,758,598
for
CHRONICLE
FINANCIAL
&
Fedders-Quigan Corp.—Consolidation Approved—
$1,522,357
Months Ended Nov. 30—
Dividends
Net
COMMERCIAL
1481.
shares
Earnings
per
"Includes
outstanding
share
1
common
special
and
premium
stock
charge
expenses
on
of $33,076, representing
that portion
redemption of bonds which is equivalent
resulting reduction in Federal income taxes.—V; 169, p, 205.
of
to
V
1948—12 Mos—1947
Gross income—
From
subs.—consol.
''■"Other"
$4,015,778
$1,576,914 $17,963,298 $11,546,422
523
_
15
522
1,050
Garrett Corp.—Sales
6 Months Ended Dec. 31—
"Total
$4,016,301
Expenses
and
1,576,929
90,456
97,645
223,000
85,000
taxes.
Proy. fob Fed. inc. taxes
1948
169,
p.
391,907
985,495
$3,702,845
204.
According
The company
equipment trust
i.
The
proceeds
19
new
new
facturing
year
a
.
Jan. 19
certificates.
will
diesel
River
,__
President,
reported
168,
General Box Co.
at
order
1947
$8,300,000
$7,360,000
backlog
$11,250,000,
of
against
the
manu¬
$7,500,000
Martin
has
be
used
asked
ICC
;■./;;; "/,
in
locomotives,
p.
permission
>.'■;•%
connection
700
steel
•
a
cell
■;
y
with
to
cars
Gas
in June
for
l'rom
Profit
purchase
and
'
1947
$1,486,774
$2,132,972
176,823
161,781
operations
.
;______
$1,309,950
$1,971,191
15,276
Other ! income
;ncome
$1,325,226
State
Net
a
Capital shares outstanding
per
p.
168,
share
1581.
6,121
482,019
735.941
18,000
18,000
$786,452
taxes
taxes
income
—V.
Chairman
member
and
of
of
the
director cf Rayonier, Inc.,
of Harbor Plywood
a
General- Manager
He will succeed E..W. Daniels who will
board.
1
1
>
1
'v I '
.
President
of Simpson
Legging
the board of directors.—V. 169, p.
Honolulu Rapid Transit Co.,
End. Nov. 30—
Co.,
has'
been
6.
Ltd.—Earnings— -'
1948—Month—1°47
■
r<"V-11 Mos.—1947
$4,568,116
transp.
$379,679
$393,812
$',810,267
Operating expenses.___,i
299,123
303,373
3,176,376
3J24,245
$943,871
rev.
from
rev.
from
transp.
$80,556
$90,440
$333,891
Rev.
other
than
transp,
4 501
2,915
40.234
30,617
from
oper.—
$35,057
$93,955
$""4,124
$974,487
70,662
77,255
C03.810
828,915
" 31,980
10,063
income
income
Earnings
$1,992,788
28,693
paid
Miscellaneous
Federal
as-
Kreienbaum,
Period
Net
Total
President
21,597
seven
5,
-
H.
"Gross
Life Insurance
1948
depreciation
depreciation
$6,300,000
'-"f-V
$7,929,850
freight
Months Ended Sept. 30—
f^om operations before
Provision
Deggeller, Vice-President and
elected
effective March 1, 1949.
continue
C,
p.-2542.
N.
been
Corp.,
(& Subs.)—Earnings—
Profit
Works—Notes Placed Privately—The
1948, sold privately to John Hancock
Co. $1,500,000 3%% notes, dated
June 15, 1948, due May
1, 1968. Proceeds were used to
pay floating indebtedness and for capital additions, im¬
provements, etc.—V. 169, p. 204.
company
Garrett,
was
ago.—V.
:
Interest
Mutual
C.
division
backlog
Equipment Certificates—
on
sleeping cars.—V, 169,
Fall
J.
63'6,421
9
of
to
800,912
$1,394,284 $16,586,413 $10,110,131
'7—■.•.:•!
Erie KR,—To Issue
;
;
elected
income
Net
—V.
$17,963,820 $11,547,472
Harbor Plywood Corp.—New President, Etc.—
Higher—
•
Sales
$1,200,746
1,832,578
1,746,530
$0.43
$0.69
Net
rev.
Deductions
Income
Net
"Inc.
(net)
taxes
(est.)
token
13,269
$14,395
revenue
tLoss.—V.
-
1.509
—
adjust.—
168,
p.
2685.
$14,592
t$135,686
$132,304
$55
$3,593
$13,667
$42,631
THE
(378)
«r
The
entire
real
the companyjs
Millbury Division only wi'.l be sold at auction on Feb. 8 at 10 A, M.,
oil
tile
premises at Millbury, Mass., by Samuel T. Freeman & Co., ;
autioneers, 80 Federal St., Boston, Mass.
!'* '* •. ■
■/.
•The' plant wiir be sold' complete- as operated in the picking, raw...
stock dyeing, carding, spinning and weaving of woolen cloth.
; The real estate comprises some 25.9 acres of land improved with a.
group- of brick
and steel industrial buildings having approximately'
-
1'37,000
feet
square
space.—V.
floor
of
,-David
machinery and equipment of
estate,
159,
elected
been
effective
Jan.
H.
of
the
resigned as Chairman, but will continue
The resignation became effective Jan. 15,
has
board.
liff. Hooker, associated
he
be
relieved
with
International Shoe Co.—Annual
•
•Net profit
active
further
of
a
as
the pro¬
motion of R. L. Murray, Vice-President in charge of development and
research and a director of the company, to Executive Vice-President;
elevation of R. W. Hooker, Vice-President and Sales Manager, and a
director, to Vice-President in charge of sales;
appointment of J. H.
Babcock, Manager of Development and Research, as Director of De-;
velojnnent and Research in lull charge of the activities of that depart,-,
ment; and the promotion of R. E. Wilkin, Eastern Sales Manager, to
Sales
General
Manager.—V.
168,
2432.
p.
\
•
of
its
30,
Subject
each
share
1948
in
fiscal
the
$15
on
par
19
company
dealings at the opening on Jan.
62 Vac
shaie
per
been
ox
close
the
stock, "payable
business on
Jan.
15, 1949
The dividend
Feb.
to
holders
Is
equivalent to 68%c per share of the present no par common stock.
exchange will quote the present no par common stock ex-dividend
at
of
on
29.
The
the
in
regular
old
The
way
Jan,
on
stock
common
rate o* C2J/a
the
in
25,
also
had
been
amount of 68%c per share.
receiving dividends at the
cents- per share each quarter.—V. 165, p.
'
■"
'
1
'
'
Stores
Howard
Month
163,
'■
4
Lower—
12 Mos. End. Dec. 31
of
1948
1947
$30,905,134 $31,780,406
Dec., '48
$3,354,533
Slolkin,
succeed
to
continues
the
board.—V.
Ideal Novelty & Toy Co.
r
To
168,
p.
also
the
in
President
in
attributes
price level
to
cash
our
report
of
Illinois Central Ril.—Paying Agent
The
Guaranty
position
paid
in
states,
will
to
the
21
candidates
R.
B. F. Michtom, ViceNet
/ ■
defeated
were
for
-
INCOME
r
;'S0ld^AAEi/i.-.^^_'
goods
margin/..
Selling
and
tCost
Fed.
$1,329,537
1,226,732;
of
Other
taxes
43,766
of
$38,840
to
shoe
of
5,287
_•■'
inc.-
of
of
/
in
168,
$37,377
Govt,
S.
The
Ins.
has
sold
basis."
201.880
entire holdings
its
Dom'nion
Royalite
either
to
Ltd.,
p. ,2008.
shares
is
Trust
act as
sell
and
*
-.
,'
■
• •■
,
$206 416
in
BALANCE
•
'
"
from
resulting
SHEET, NOV.
:
*
excess
1947.:':"'
$ :
2 393,487
33,763,344
51,596.178
$1.05
$0.18
of
Royalite
Oil
Ltd.,
The sale
Co.,
Securities
held
by
iEmployees
525,594
notes
purchase
affiliate
Oil
Co.
(New
Twelfth-Delmar
Realty
Total
payable—banks
Accounts
Jersey),
Corp.—Agent to Sell & Buy Scrip—
Co.
for
for
for
Common
stock
3,400,000
Securities
Corp.—Plans $10,000,000
Federal
on
of
of
no
value
par
150,000
608,669
corporation, which is under the supervision of the New York
Banking Department, has announced the offering in January,
1949, of an additional $10,000,000 of 10-year, 3V8%
debentures for
•sale only to savings banks.
Total debentures now outstanding aggre¬
gate $35,000,000 viz; $5,000,000 each due Aug. 15, 1953; Oct. 15, 1954;
t May
15, 1955, and Oct. 31, 1957, and $15,000,000 due Feb. 15, 1958.
1,354,289
35,858,445
39,478,642
Investment
utilizing
corporation
500,000
and
in
in
holds
mortgages
and
commitments for
has
an
mortgage
additional
bonds
totaling
$10,000,000
$40,-
which
are
V
Lucian'C.
Sprague
being
Besides
,
has
President
been
of
elected
a
Minneapolis
director
&
St.
this
of
Louis
'
Co.,
During
Village,
N.
;
1948
the
servicing on 2,859 units, aggre¬
appraisals and 1,412 inspections on
those already under service.
agreed to act as trustee for Danker
1947.
Dividends
December.
undivided
Total
profits
of
50<t
per
resources
are
paid to stockholder banks in
exceed $41,831,000
and surplus and
share
now
were
$606,000.—V. 167, p. 746.
Industrial
Chamber
or
$1,831,600 FHA-insured housing project, for four Albany,
Y., savings banks.
Net earnings during the year amounted to $112,195, or 17%
above
14
U'.
"/■t.'VV
:
-
was
organized in 1913 and is recognized as one
of abrasive belt machinery
in the
manufacturers
SHEET,
BALANCE
FORMA
receivable
EFFECT
TO
31,
OCT.
1943
ABOVE)
$142,663
145,393
—
203,709
—
renegotiation
plants
rebate
11,000
23.078
—
—
15,263
410,563
equipment (net) —
and
$951,674
—
.
payable, current
2—
:
their
nnriual
new
directors
sinking fund
payment due
held
meeting
to
The
members.
of
Institute;
Commerce;
at
and
a
former
member
Presidentof
the
the
of
board
of
the
new
Nov.
$^51,674
1, 1948.—V. 168,
Jan.
13,
the
stockholders
elected
board which has been increased from 11
directors arc W. A. Brown, Jr., a Vice¬
D. J. Will* former President of Stuar.t
Minneapolis.
governors
Minneapolis
Club.
ment
Selective
-
Fund,
Inc.,
organized
in
1945,
is-
an
manager.
Other
directors
(Chairman)
and
of
Dr.
Investors
Arthur
C.
Selective Fund.
Strachauer.—V.
Inc.;
are
167, p,
Earl E.
2361-
,
.
(& Subs.)—Earnings—
sales
and
Nov. 25,'48
oper.
exps.
Nov. 20,'47
Nov. 21,'4"6
(est.) $38,660,000 $38,960,000 $41,460,000
7,268,335
450,000
"•"'907,131
Reserve
profit
for contingencies—
3,501,532
450,000"
3,986,419
450,000
Reserve
,
of
open-end
investment company with total assets of $1,687,041.
Investors Syn¬
dicate of Minneapolis, Minn., is its principal underwriter and invoatInvestors
110.
p.
for
Reserve
for
1,081,991
748,3p9
1,017,245
957,996
200,076
Dr206,417
£>rl84,489
$1,021,156
$1,354,761
$0.26
$3,650,967
$0.72
■'■Operating
•
the
..
169,
Loew's Inc.
Gross
Sprague is
'
1,678
a
leading
12 Weeks Ended—
Mr.
woody
over
Curtis company
corporation.
RR.
and
properties
corporation
/
Inc.—Expansion—
A.
loans.—V.
Investors Selective Fund, Inc.—New Director—
$29,029,489
mortgage
now
/v..
on
gating
prospective
February."
at
thereto),
handled mortgage
in
corporation
"^he
issues
Lerner ;3hips, Inc.,
$1,200 and $1,600 a share,
hold;
100% - of voting
power.
Inc.,
Co.,
1947 (less reserve for cash
corporation
completed
Lerner
original
the
1943,
the corporation purchased
shares each of the Asbury Park
.
these
be
,
the "last-in, first-out" basis (less income taxes ap¬ -President
of-the company;
tIncluding sundry of $155,593 in 1948 and $124,168
Oxygen
Co., acquired by Liquid a year ago;
and Patrick Coyne,
discounts and doubtful accounts). IS .cured
President, of Pacific Carbide & Alloys Co. of Portland, Ore.
by 65.200 shares in 1948 and 64,000 shares in 1947 of company's com¬
/
A
special meeting of preferred stockholders has been called for
mon
stock.
SAfter reserve for depreciation of $30,255,702 in 1948 and
Jan.
28. . 1949 to act on the proposed sa'e of $10,000,600 long-term
$29,542,235 in 1947.—V. 167, p. 1045.
debentures
to be used principally for the purpose of retiring
bank
plicable
savings
now
108,730,268
The
to
110.
Corp.—Increased Investment Holdings—
Liquid Carbonic Corp.—Three New Directors—
also President of the Railway Transfer Co. of Minneapolis;
President of the Hocking Coal Co.; trustee of the William Hood Dun-
expected
sales amounted to an in¬
and established a new high
1948
year,
104-4.
'three
to
debentures by the savings banks has the effect
bank funds in New York State for naticn-wide
FHA mortgage financing on a limited scale.
The
annual
report for the year 1948 further revealed that new
mortgage loans totaling $17,098,037
were
made by the corporation
during the year.
"As a result," said Robert E. Pratt, President, "the
of
117,824,251
'■Maintained
the
previous
51,000,000
1,354,289
/___
Total
the
102-year "history of the company.—V. 169, p.
■"Including $12,500
At
State
said
President,
Total
p.
This
;
1947
$40,259,269-
8,950,000
65,000
603,669
51,000,000
surplus
per
——
(outstanding,
surplus
$13
at
the SEC for 1,800
share through Wal-
with
filed
was
offered
be
,
390,356
'
shares)
Capital
1948,.
dry ore, recovering
portion-!—$32,854
Accounts payable
!—_——
'—
/. : 33,705
Accrued liabilities—payroll, commissions, etc
——-29,223
Provisions for Federal income taxes——————
27,070
Long-term notes payable (non-currcnt)————
48,872
*6%
10-year debentures, clue Nov. 1, 1954
'
208,000
Common stock (par value, $1 per share)
404,801
Paid-in surplus—
—2—
—
64,213
Earned surplus
:
189,421
Treasury stock—61,775 shares of common stock at cost—
Dr86,485
742,83-1
8,850.000
—
■
"
LIABILITIES—
"
inventories
to
Total
86,364
-
543,620
Income—!
replacing
.
—-
Notes
9,589,314
90.047
insurance
Earned
Issue
taxes
cost
excess
Reserves
'
-
.
1948
Rochester
Property,
5,000.000
406,377
'-Res.
New York, 140 Broadway, New York,
the holders of common stock who desire
purchase additional scrip.—V. 168, p, 2432.
-
notification
stock
over
common
he
1
570,405
10,427 607
___
.
Prepaid expenses and special depdsits—
'—
Debt discount and expense in process of amortization——
108,730,268
"___
/
1649
Co.,
S.
305,405
payable and accrued expenses——
Reserve
of
33%
Estimated
—1
subsidiary companies
Employees income tax withheld from payroll—_
Stockholders and employees balances, including
to
2326.
p.
notes
15,
Cash
LIABILITIES—
Notes
•
Inventories
18,901,159
etc..—
'
168,
t
661.550
20,395,909
(less reserve)
110,
p.
(GIVING
Co.
117,824,251
etc.
sinking fund
5%
letter of
a
PRO
2,482,764
partial payments for government bonds
scrip or
Institutional
2,400,501
__
agent for
their
in
13
Accounts
'
over¬
ASSETS—
2,674,617
•!/' /!—■
installment
under
common
was
consummated
U.
,
3,038,123
method—
SLand, buildings, machinery, equipment,
Ltd., will make a cash
stockholders of the com-
Standard
of
receivable
plan
Invest, in stocks of other cos.,
Due
an
first-out"
capital improvements.—V.
169, .p. .207.'
of
relating to inventories
"last-in,
on
(wholly-owned subsidiary)
____250,000
Advances to and investment in other subsidiary
and associated companies
(less reserve)
315,405
•
Corp.,
other
provisions
maintained
163,
December,
27,105,524
43,337.312
695,759
•
to
$53,644,841
the
The
10,434.001
151,666
customers.
5
by stockholdersreimburse the company's
smooth sanded finish is required.
■
4,505,776
————————
Jan.
•
30
1948
(plus accrued int.)
used
76,032
cf
share
per
purchase by this -corporation of the assets of Standard Portablo
Detroit, Mich., and Curtis Machine Co., Jamestown, N. Y.,
on Dec. 6, 1943, and was effected through the issu¬
ance of'79,000 shares of authorized but unissued Lincoln Park common
stock
(par $1 each), $52,609 of notes maturing over a period of four
years and $-30,000 in cash.
i/-,
The
D2tro.1t company
is engaged in the manufacture of what is
commonly, termed a /'"trouble light/' consisting of a long longth of
insulated
copper
wire,
specially designed mo.ded rubber plug and
receptacle, a metal guard for the light bu b, and other ahccstories.
This product has wide usage in garages and service stations, in all
types of industrial plants, and to a lesser degree in private homes.
This company is cna of the leaders in this field.
/
aThe Jamestown company manufactures a line of machines for indus¬
trial use, the most imioortant of which is an improved type of belt
sending machine urfed :n the production
of plywood panels, doors,
general c-binet- woik, and other metal and wood products where a
main¬
expenses,
V ' T
.
be
$2.50
The
$4.11
1947
,
of operations for the three months ended Dec. 31.
Eastwick,
250
was
,
7,623.270
hand
on
securities at cost
replacement
price.
same
Oil.
will
and
premiums, taxes and sundry, prepaid exps.
stock
Guaranty
Y.,
1948
receivable
Inventories
$213,223
201,880
$0.54
Industrial Rayon
,N.
in
1
banks
tAccounts
exchanged their shares for Imperial stock since Nov. 15, 1948,
the right to re-exchange their Imperial shares for Royalite
Imperial
•
replacing during year inventories maintained on "last-in, first-
'
Cash
.
—V.
•""
14,002,017
operating
at
redemption on Feb.
for
common
of
Cord
8.591,763
basis.
CONSOLIDATED
have
buy
the
charging
ASSETS—
1146.
same
1,263.344
86,391
(at
tAfter
will
Lincoln Park Industries,
properties, seT'hg, administrative, and warehouse
credit losses, less discount on purchases, 4'Less est. re¬
.•'•1* T: '••--
3,038
100,000
______■
factories.
offered
was
outstanding
resoectiveiy.
physical
$413,506
cost
$316,324
1,463
$115,301
transfers
/
-
amount spent for
record in the
In
13.820,197
_
regulations requiring completion of
within 18 months had cut into Its/sales.
cars
'
Proceeds
30.
Lerner Stores
10,200.000
stock-
share
of
L.
J.
sales
.'.$4.00
——
common
per
cars
credit
the
stock
cal.ed
Jan.
crease
60,000
1,716.982
'•
675
213,165 431
8,18s!404
..'-//•
attributes to govern¬
daily.
Its working'
company
sales
Net
sold—196.159:824' 189,308,357
r.
a
of
(James) Lees & Sons Co.—Sales Up 33%—
approximate market) from* company's
supply plants (tanneries, cotton mill, rubber plant, cut sole plants,
out"
stock to Dominion Securities Corp., Ltd., at $23.25 a share.
approximately 90%
of the 717,487 shares of Royalite now
outstanding and follows termination of negotiations by Imperial to
purchase the Royalite assets.
Former shareholders of Royalite,
who
at
85,000'
■
the
produced
Calendar Years—
' -.$•.:
220,011,793
y
effect-
a" Taydff
Hoffman &' Goodwin.—V. 168, p. 2326.
and
'
Nov.
summary
ston,
of
■■
The
of the
shares
'l87,239
income—.——
on
with
Langendorf United Bakeries/ Inc.—Filing With SEC—-
212 918.192
properties.————
taxes
put
day
has announced that the offering
stockholders rights which expired
through
been
On
121,918
!___
has
a
begin
304,357,684
89,869,570
91,439.492
—
,
Into
it
cars
shows that -the, company's mill treated 94,471- tons.'of
the
on
said
"
$1,512,0:5.—V.
219,804.880
physical
"Temporarily"
Lake Shore Mines Ltd.—Production—
A
cost
excess
basis
Federal
Rate
.
purchases of
company
All
1947
—
$
___
merchandise
!
due March 1, 1954,
at par and interest."
Payment will be made at the City Nat.onal Bank & Trust Co.,' trustee,
203
So.
LaSalle Street,
Chicago, 111.—V. 167, p. 2687.
3C9.674.450
__
for
funds
involves
to
will
and
completed
400
to
reduction—which
corporation
record
have
shoe
58
Ajnts, of Fed. inc. taxes recoverable under the
company
the
__
/
and
and
Imperial Oil, Ltd.—Sells Holdings of Royalite Stock—
offer
about
maintained
$2.03
2432,
Kline Brothers Co<—5% Notes Called—
additional
"This
manufactured
for
^
$2.03-" *
p.
announced
19
cut
restrictions—it
169, p. 6.
treasury for
cutting plant,
_____
charges
Investment
on
operating
1948
other
provided
* first-out"
"IncL inter-plant
own
62,198
35,073
201,880
p.
"pany
in.
/
program.
.1
shoes
Earnings
""
per-share-—
will
of
government
the
Jan.
on
14,000.
subscribed.
reduction in net
in cash,/the
by
was
customers
Net
profit
Dividends on
27,847
$110,014
—V.
have
and
reserve
$406,369
outstanding
This
earned
the
to
The
,•
any
V'
$2,161,800
28,892
reserve)-—
on
Earnings
•
sole
the
"is
states,
669,856
.
Kingsbury (Calif.) Cotton Oil Co.—Stock Subscriptions
rates are
Wage
•
.
payment
company
in
income
iProvision
.1,755^431
con¬
income
168,
part, to the
material!.
raw
amounts
from
___
to
Depreciation
U.
Net
;
__
expenses,
$102,805
(Ancl.
exps.
from operations
charges (net)
Shares
;.;S
,
shoes
in
"last-hh
1946
.
33,005
...
gen.
compensation
for
plants
replacing 'inventories
tenance
1947
1,503,732
profit
Prov;
to
new
report
income
Reduction
.
—$197,072
j,—
expenses
Admin,
Income
added
of
168,
Carp.—Production
production
credit
The
About $3,000,000
more
;
$2.22
'
instalment
'
of
sales
Other
ACCOUNT
1948
-
$1,706,854
Net
corporation
was
—V.
the report
the company's building program, bring¬
one
1,356,862/^1,357,877.
^854,854
«
v—"
men.
force
by the company.
the
year
one C
any
QUARTERS ENDED; DEC/ 31
charges and income taxes.—V.
Prior
short-
some
in
period.
from
and
from
tax paid
factory and
the
,
sales
Net
Candidates Elected
reelection.
Sales
tingent
eventually
fiscal
Less; .inter-plant transfers
etc. I
Gross
The
CONSOLIDATED INCOME ACCOUNT FOR YEARS ENDED NOV. 30
Berkey,
CONSOLIDATED
of
gradually
dividends
at
$17,007,000 $13,597,165 $11,712,537
1,89.7,000
"temporary"
—V.
Three Months Ended Dac, 31—
Cost
earlier
property."
FOR
outstandwigt-^^.^L-^-
Kaiser-Frazer
3,500
it appears that company borrowing will,
short-term nature.
If prices do not rise,/,,
for
the authorized
$10,000,000
of
'
Purchase of the Central Terminal Building in. St. Louis in-1948, the
report explains, has facilitated the company's warehousing, order filling
shipping operations.
Secretary and Treasurer of the company, and
a management candidate,
also was newly elected to the board.
Current assets of the company at Sept. 30, 1948 were $1,847,250, and
current liabilities $634,065.
•
•
volume,
■
Total
which
Lawrence
*
and
meeting held on Jan. 18, Max Sherover
(President of Linguaphene Institute, 30 Rockefeller Plaza, N. Y. City)
and Jacob Kromberg, two independent candidates, were elected mem¬
bers
of
the board
of directors, to
replace Clarence P.. ChamberlhJ
(President of Metal Mouldings Corp., Detroit, Mich.) and James I.
Marsh
(an attorney-at-law of Pittsburgh, Pa.), the two management
•
the
total
factory,"
ago."
annual stockholders'
the
out
physical
amount
„
per-share
'■After
operations early in 1949, while the new sole cutting plant will be com¬
pleted later in the year.
With construction of these new plants, the
company will have completed its new Dlant program started three years
to' Board—
At
required
/
ho'.d,
come
of
shoe
more
of
■
the
seasonal,
will
improve
those
At, the close
One
Appointed—
-Two Independent
Earnings
factories, nine sole cutting plants, 27 plants manufacturing other sup¬
plies'for its shoes and four warehouses.
Of this number, three new
shoe factories, two sole
cutting plants and an upper leather tannery
were completed and placed in
operation during 1948.
Trust
Illinois Zinc Co.
of
of refunds of excess income
Co. of New York, 140 Broadway, New York;
N. Y., has been appointed paying agent for $11,900,000
equipment
.trust certificates, series "AA" and series "BB."—V. 169, p. 109.
'
v
a
RESULTS
—„
Capital- shares
..
$65,395 072
at the close
that, "current
explain
double.
conditions
be
merchandise
.
to
those
double
invested
of
excess
amount
"
*
was
high
on
goes
an
Reduced—
inventories
the' company's
and
roughly
are
present
shoe
2119.
and
will consider increasing
to
pairs
continues,
report
receivables
approximately
"If
(N. Y.)—Chicago Office—y
Mart, it was announced by
charge of sales.—V. 167, p. 47.
in
increase
continue
to its midwestern customers,
Merchandise
the
24
profit
shares
this company;
one
of
the
world's
largest manufacturers of toys and recreational
novelties, has recently completed .its new Chicago office and showroom
provide better service
"Net
'
,
sales
Net
of shoes during its
11 %•' of all the shoes, produced
than
more
March
company
cn
the
CONSOLIDATED
'/'''v7/"7V'
54.601,610
States.
of
outstanding'.
of the total
fiscal year ended
for the
•
products,
of
represented
year
report;
prices
Vice-President, has been elected President
Samuel Slotkin, founder of the company, who"
of
time
income.
on
current
Executive
Chairman
as
production
continues, have been
father,
his
company's
working' capital,
The
Ilygrade Food Products Corp.—New President—
Hugo
4.6%
'V
to
stockholders
The
borrow:ng, as indicated by the $5,000,000 of notes payable.
Peak
borrowing occurred during a period of about 60 days, because of a
dating'm the last half of 1948."
1
ing
•
.
168, p. 2686.
Joy Manufacturing Co.—To Increase Indebtedness—
-
term
2119.
p.
.
indebtedness
return to'fall
•
Corp.—December Sales 5.4%
Sales.—
—V.
3394.,•'
'
.
,
at the
end
of
the year,
as
compared with $64,037,053
of the
previous year.
The increase of $1,358,019 came from reinvestment of
current earnings.
The report shows a reserve/of $8,850,000 for Federal
declaration
wie
common
new
1949, at which time the new
to dealings in substitution.
of a dividend of
28,
admitted
be
advised
the
on
record
of
will
shares
$15 par common
The Curb
has
par
no
j
Retail
mental
of an amendment to .the.
for the purpose of re¬
commoh stock into 1 1/10
common stock, the New York Curb Exchange
that it will strike the no par common shares
this
of
present
the
of
United
Net
Wks.— —53 Wks.—
4 Weeks Ended-— *'• Ended
Ended
'■
J'an» 1','49
Jan. 3,'48
Jan. 1,'49
Jan. 3,'43sales——_ $12,"348,336 $10,824,864 $152,990,514 $130,477,489 "
V
-
profit represents 4.5%
1948
compared
as
1947.
value
"The
1949,
27,
Jan.
on
of
Jan,
new
announced
from
tiling,
incorporation
of
of
shares
the
to
classifying
products,
International's
faxes
'
certif.cate
Report—
figure
Including, the shoes it made
and the other articles it produced for use in the manufacture, of. its
shoes, was $309,674,450, as compared with $304,357,684, for. the previ-ous year, the report states.
Reclassify Stock—
(George A.) Hormel & Co.—To
■
1948, was $13,820,197,. a'
of $14,002,017 far the- previous*
company's annual report to its 11,000
the
is
Total
that
changes announced by E. R. Bartlett, President, were
Other
under
$181,820
it
Nov.
1949.
company
■
for the fiscal year ended Nov. 30,
of
value
for 36 years, requested
administrative responsibilities.
the
Lincoln1'
/. Z;/'■.///
the
of
14.1%—
A-'',:—52
V'V/
V.
•
—V.
set forth in the
stockholders.
The company's
Electrochemical Co.—Chairman Resigns—
Hooker
M.
member
1, to become Executive Vice-President
Brooklyn, N. Y.—V. 168, p. 2120.
Bank,
Savings
year,
Hooker
Jewel Tea Co., Inc.—-Current Sales Increased
Assistant Treasurer since December 1946, has
Treasurer,
succeeding John
W.
Hooper, Who resigned
Meiklejohn,
S.
decrease
2417.
p.
CHRONICLE-
FINANCIAL
&
International •Cigar Machinery Co.—New Treasurer—
Ilayward-Schustci- Woolen Mills, Inc.—Sale of Plant—
,
COMMERCIAL
Minority
Net
depreciation—.
Federal
interests'
profit
Earnings
per
after
taxes_"
1
share
taxes—
common
share
—
Crabbv /w:, /•■Including wholly and partly owned
preferred dividends.—V. 168, p. 1363.
$0.20
subsidiaries,
2,075;748
after subsidiaries:
Volume
169
Number
4771
THE
COMMERCIAL
CAPITALIZATION
Lone Star Steel Corp.—Proposes RFC Loan—
The
to
the
according to
company,
the
Reconstruction
funds
Texas,
to
to
be
include
mills.
to
It
complete
Jan.
on
for
of
plant facilities at Daingerfield,
hearth furnaces and steel finishing
open
to
produce
finished
oil
of the
.
is
facilities.—V.
new
168,
reserved
for
issuance
tOf which 98,750 shares
are
MODERN
OF
STATEMENTS
authorized
AND
LOSS
Selling
output of this
37.201.00C kwh.,
corresponding
week
last
for
company
year,
corporation
Minneapolis, Minn.,
and
women's
Jan.
on
17
Maurice
to
apparel.—V.
Net
oi
ended
Jan.
4.8%.—V.
for
169, p.
$490,787
the
sold
its
Yourig-Quinlan
Rothschild
&
int.)—
(before
profit
least
expense :
Net
—V.
169,
$91,991
————--
19,363
15,433
$107,316
102.06;
store
of
in
Co.
men's
Kentucky Utilities
has
McCarthy Chemical Co.—Places $15,000,000 Bonds Pri¬
vately—The company, a wholly-owned subsidiary of Mc¬
Carthy Oil & Gas Corp., has sold to the Metropolitan Life
Insurance Co. $15,000,000 of 4%
10-year first mortgage
President.
Proceeds
made
by
related
*
announced Jan.
was
The sale
from
the
the
SEC
received
the
stock¬
common
parent
facilit'es,
Count
years
the
es.
recently
from
chemical
completed
chemical
going
forward
plant
on
at
industrial
to
the
chemical
industry in
At
the
Port
Arthur
predicted
and
Coast
offer
&
made
This
18
that
holders
outstanding
Phosphate
of
shares,
West
Standard
to
accept
acquired,
:-/
$581
to block
its
Judge
sale
S.
or
against
Julius
A.
holder.",
the
the
Victor,
$8,700,000
Standard
Mathieson
share
a
stock
common
for
sale
attorney
were
shares.
The
shares
Middle
representingthis
virtually
month
ma'ority
a
that
complete.—V,
The
West
capital
stock
York
New
other
common
H gave
issue an
of
the
on
Middle
in
ex-distribution
an
West
basis,
through
capital
the
Period End. Nov. 30—
Operat'ng
1948—Month—1^47
revenues
Uncollectible
10,353,003
oper.
7 y
rev..
Ave.,
1948—11 Mos.—"• 947
8,716,400 103,074,924
39,883
44,CQ7
for
Jan:
stock
Exchange
8,672.313
102,612 817
88 030 4^0
for
8,994,908
7,C°6,32i
84,r-8?,373
71 435 794
fe°t,
645,112
699.727
9,146,661
9,217',289
company's
C73.100
946,337
8,477,783
7.377,34?
panies
420,648
683,827
"7,155,476
6.857.2S5
and
after
—V.
charges
168,
2887.
p.
Mid-Continent Airlines,
Inc.—Earnings
Month of November—
1948
efficiency...
1947
99.13
,
Capac. pass, miles flown
94.91%
at
97.45%
9,687,089
flown.
9,858.295
7,006,095
5,742 134
Passenger lead factor...
Mail, express & freight
5,766,846
55.21%
58.49%
80.35%
186
138
106
61,303
45,754
32,263
p.
6,606,075
5,307,656
59.28%
miles
pass,
tons
Mail
&
Rev.
&
exp.
ton miles
...
Operating
Net less
"Net
tax.
carried
after
1 After
19,156
$409,986
19,467
is
corporation
a
one
market.
This,
28,
$348,347
8,505
*29,014
REGTSTRAR
AND
TRANSFER
'
Exchange
Place,
PURPOSE—It
ceeds
to
to
devoted
be
-
*
be
fin"nee
to
is
Jersey
Trust
the
purposes:
(approximately),
Retirement
$175,000;
of
for
IVh
result
in
a
the
'""••I
titled
to
cumulative
cumulative
dividends
quarterly April, July, October
dividends
f,
are
paid
upon
at
and
common
convertible
the
rate
January
stock,
of
1
lit
preferred stock is
7%
of
is
per
each
the
and
Nov.
30,
AND-
BUSINESS—Company
1948.
organized
in
Modern
.
Corp.,
engaged in
company is now
operations of Modern,
ot'-frhe. business will be
so
the.process
that
of
whenever
taking
over,
In
—V.
the
feasible/
the
active
engaged in solely by the company.
and-;
conduct
the
about
;
weight
a
the
on
the
of
merger
shares
will
said—V.
was
Co.
for
the
its
share.
will
meet
to
the
the
the
no
will
a
be
the
new
opinion
combined
taxable gain
in
letter
act
listing
the
on
November
and
have
December,
ahead
run
of
of
laws
bonds
mortgage and deed of trust is'
is otherwise limited by property
of the mortgage and deed of
incorporated
was
do
of, that State
of
one
South
is
business
since
Florida
in
8,
the
four
subsidiaries
of
Electric
Power
Ss
ALMNO
or
System.
,
operating public utility
an
presently engaged in the
distribution and sale of electric
commercial, industrial, public utility and
residential,
rural,
municipal
and
distribution
within
and
its
customers
sale
oi
territory;
within
natural
in
the
its
territory;
in
gas
in
about
and
distribution
and
sale
the'
certain
of
water
service.
principal
names
amounts
to
of
be
the
several
purchased
underwriters
by
them
&
are
and
$5,800,000
Co.,_,_.
750,000
Copeland
White
& Kendall,
Inc
Inc.__-__;
Co.,
&
100,000.
:
150.000
250,000
—
Cummins,
Hattier
Harold
—V.
&
E.
the
follows:
as
—___
'
&
Inc
150,000
Sanford
Wood
&
150,000
Co.
.150,000
169, p. 207.
Missouri-Kansas-Texas RR.—Interest—Budget—
directors
The
Jan.
18 authorized an interim payment on Feb.
1,
coupon of the adjustment
mortgage bonds, R. J. Morfa,
announced.
The coupon, which bears the date of Oct.
1,
1941, represents interest at 5%, for the six months' period ended
June 30, 1941.
'
'
1949,
of
on
one
Chairman,
In
addition, the board approved a 1949 improvement budget amount¬
ing to $5,900,000, he said.
The interest payment will amount to ap¬
proximately $338,000, Mr. Morfa said. Nominal interest payment dates
are
April 1 and Oct. 1.
Radio control,
additional automatic block
signal systems ana new rail take up a large part of the improvement
for
Feb.
on
-16,
Mr.
year,
two
1979.
series
due
which
will
The
determine
bonds
the
will
interest
terms.
'
The
Co.,
than
almost
$2,200,000 will
on block
$500,000
of
Proceeds
■toward the
lor
of
,
parent
its
stock
V
cost
the
month
Montana
Oper.
the
of
the
repay
Federal
the
67,000
of
the
of
bonds
construction
Power
additional
'.'-/"
stock
program
of
are
the
presently
estimated
years
to
of
be
its
applied
and
company
bank loans obtained for such
are
shares
$1,005,000.
and
December, 1948, and the
at
$34,700,000
1949-51.—V.
169,
its
Such
purposes.
p.
for
208.
Co.—Earnings1948—Month—1947
1948—12 Mos—1947
taxes
$1,721,567
$21,942,489
$20,319,971
898,182
___
deductions
$1,971,414
759,487
10,503,699
9,128.192
302,125
revenues
rev.
at
competitive bidding,
offering price and underwriting
consideration
sale
expenditures
of
on
offered
.
companies,
cash
a
the
subsidiaries, or to
construction
be
rate,
,
also proposes to issue and sell to West Penn Electric
company
one
Operating
of
More
and
111.
Monongahela Power Co.—Registers With SEC—
1949,
months
declared.
The company on Jan. 18 filed a registration statement with the SEC
proposing the issuance and sale of $6,000,000 of first mortgage bonds;
Period End. Nov. 30—
first
Morfa
spent on new rail, Mr. Morfa said,
signal systems, during 1949.—V. 169, p.
loss
securities
new
this
be
com¬
or
current
the
1948
169,
p.
fiscal
level
prices
are
the company
year,
when sales
a
bit
reached an
The
SEC
has
request
a
/
company.
As
;
issued
order
common
stock
previously
231,928
3,811,724
reported,
stockholders
3,535,478
$771,107
$730,152
$7,627,066
$7,656,301
ment
'rate
on
of
holder
until Jan.
of
proposal
-for
each
effecting
share
a
13,321
other
4,496
68,448
68,012
$784,428
$734,648
$7,695,514
$7,724,313
81.844
96,085
1,093,747
1,431,655
$638,563
$3,601,767
$6,292,658
de¬
Net
(net)
—
income
applic.
_
to
..
pfd.
$702,584
stock
for
the
period
the
of such
proposal -involves
number
—V.
Additional
by
the
bond
financing
company.
in
168,
offering to present
an
of ""additional
the
shares
early
,
of
in
$5,644,233
reimburse¬
other
part
■.
corpo-
of
to
subscription.—V. 169,
which
p.
207.
such
dealer
Mountain States Telephone & Telegraph
Operating
\
oper.
1948—Month—1947
$6,318,787
revenues
Uncollectible
is
"
957,534,
2688.
p.
Period End. Nov. 30—
1949
&
respect
v"
instrumental
*
$5,335,124
common
rev._
18,726
550,000
with
957,534
of
shares (84.6%) of Minnesota's common stock,
Light Co. proposes to purchase its pro rata share
of the new offering.
No common'stock will be issued
except on a date subsequent to the
record date "for
payment of a dividend payable as of March 1, 1949.
Qualified-'dealers-assisting in effecting subscriptions will be paid 250
Power
and
Dividends
31
financing
for
contemplated
As
American
(net)
income
Interest
Sale of Stk.
persons
provide $1,200,000, which is to be
applied
Minnesota for construction expenditures and
purposes.
income
Gross
i
will
.is
revenues—
Balance
common
as
oper.
ductions
Co.—Hearing
giving interested
the
upon
Other
•
stock
-'
an
hearing
Net
$75,000,000.
reach
may
8.
'
•
plans to hold production at
all-time high of $73,213,015.
higher, sales in 1949
•
''
in
t
in
Mississippi in1927.
Company
and Electric Bond and,
Nov.
transmission,
Nicolaus
Thomas & Co
Year Ago—
the
the
by
of
44,476 shs.
1,350,000 shs.
other provisions
of
to
the
plan
a
3,450,000
100.000 shs.
31, 1948. approximately 75% was derived from the sale of electric
25% from natural gas service and less than V* of 1% from
common
his
1£53
generation,
to
budget
into
merger
under
In
shares-of
in
/ 1
*
communities; and in activities incidental to such operations..
the total operating revenues of $16,018,326 for the 12 months
ending
Otis
168,
Plans
—
business
corporation
result
'
.
it
plan
common
Minnesota Power & Light
Delaware
the business
of
use
stockholders that
has the unanimous recommendation of the
company's
Goldman, Sachs & Co.; Eastman, Dillon <fe Co.; and
Hopwood, acting as investment banking advisers.
fiscal, year,
Because
en¬
a
in
of
this
corresponding months in
according to W. C. MacFarlane, President.
Sales, too, have been
running above a year ago, he said.
wholly-owned subsidiary, has since
January,
1946. been
the retailing of household
equipment, furnish¬
ings, and specialties, on the budget
plan, principally through sales
agents.
Among the articles sold are
silverware, sterling silver water¬
less cookware,
dinnerware, sheets, blankets, curtains,
drapes, Venetian
blinds, rugs, lamps, radios, jewelry, vacuum
cleaners, refrigerators,
washing machines and other electrical
appliances.
Many of these
goods are branded-with names
exclusively, used by Modern.. Other
articles are
nationally advertised merchandise.
The
mekes
'
'
1947,
-
Atlas
of
and
Jaffray &
current
Immediately upon organization, it acquired and now
all
of
the
outstanding capital stock of Modern Atlas
Corp.
(Michigan), which is being operated as a wholly-owned
subsidiary.
owns
plan
merger
to
was
in
one
Net Profit Continues Ahead of
company that the first dividend will be declared in March
1949
pavable- >«n April 1. 1949.]
■///■:
^yY,%-r:"'-V
COMPANY
plus
McFarlane, President, states in
Earnings
payable
before any
of
Middle
respective
existing federal income tax law.
C.
Stockholders
annum,
year,
expectation
shares;
Application is being made for
the New York Stock Exchange.
subsidiary),
DIVIDENDS—The 7%
by
'
$12,000,000
Halsey, Stuart & Co. Inc
weight
17
Outstanding
1,500,000 shs.
UNDERWRITERS—The
cooperatively by com¬
equipment makers
system
that
a
so
Minnesota
a
•
'
FINANCING
four
water
preferred
substitution
directors
development.
v
is
company
Wheelock
exact
THIS
service,
offers
thousands
Jan.
on
predetermined
announced
bv
for the outstanding
W.
to the company of interest
charges. If surh
retirement is not feasible in
whole, or in part, then in such event the
proceeds otherwise applicable to that
purpose
will be added to the
working capital of the business for
expansion and
saving
the
communities
common
$6.50
common
under
Co
as
the
of
panv
additional working capital, $52,500.
"
It is anticipated that
the application of the sum of
approximately
$175,Ci)0 to the retirement of
indebtedness to the finance
company
owed by Modern Atlas
Corp. (the company's wholly-owned
will
submit
provides
Implement
subsidiary,
future
and
types
36.540
1952 to
the
company
purchase,
Minneapolis-Moiine Co.
the merger the common
.counsel
indebtedness
expansion
and
TO
1
BUSINESS—Company
has been qualified to
and
governmental
Wisconsin
'
Power
Jan. .17
on
Minnesota
the'
in
continue
Piper,
following
The
and
such
Co.
energy
Oct.
stock outstanding with the public
stock, on a share-for-share basis, but each
stock, with accrued dividends of $29.50
per
share under the p'°n, will become one $5,50
cumulative first
preferred share,
par value
$100; plus one $1.50 cumulative second
preferred share, par value $25, and convertible without time limit into
'
Corporation
constant
a
additional "
that
of
appropriate.
Authorized
issuance
with
purchase,
Under
share
company's present intention that the net
pro¬
by it from the sale of the preferred stock an;
company-
company
on
will
the
received
to
AGENT—The
N. J. ,/.
City,
W.
-
owned
name,
tAfter provision for adjustment
of income
adjustment of $23,242 for income
taxes.—V
168
.
152
formations
types of sub-surface; formations,
-<MiH»eapoIis-Moline
•
taxes.
credit
assures
all
;
Corp.
The
169,
on
2687.
sale
be
subsidiary of Electric Power & Light Corp.
a
The
called
possible
Brown electronic potentiometer which operates
the
drilling
bit, and a pneumatic brake
the desired weight.
The brakes feed the drilling line
whi'h
through
foregoing
estimated
which make up a coordinated and inter-connected public
utility system in portions of Arkansas, Louisiana and Mississippi.
The
; other
three
subsidiaries of Electric Power & Light Corp. in that
system are Arkansas Power & Light Co., Louisiana Power & Light Co.
and
New
Orleans
Public Service Inc.,
and the system is frequently
Beginning
be
EFFECT
3!/ri%,: series due
authorized
AND
1927,
3,
Light
1948.
26.
will
a
indicator
maintains
rate
a
which
deve'oped
was
to
(no par)
maximum
earnings
Share
Co.^-Development
announced
engineers.
the
deemed
GIVING
ratios and
industries; drilling
refining
through
be
(no pari—
cum.
HISTORY
Division.
arrangement
and
instrument
assembly,
carried
17,491
$387,252
133,589
6il
the
weight
The
Mid-States Equipment Co.—Preferred
Stock Offered—
J Public offering of 98,750 shares of 7%
cumulative con¬
vertible prefererd stock(par $3) was made Jan. 19 by
Greenfield, Lax & Co. Inc. The stock is priced at
par.
V-115
in
may
but
in
consider
oil-bearing
was
and ;
period.
,—
stock,
accordance
Merger With Subsidiary—
32,904
123,304
taxes
2433.
p.
23,750
$521,660
inc.
profit
control
new
-
Instruments
Brown
wholly
revenue
after
?
105
freight
....
passengers
a
bit
1945
97.56%
will
control
surface
the
are
the
*$12,000,000
Patterson
penetrates
earth's
$2,560,000 for
>.■. /
serial notes due
Oct.
;
'
announced,—V.
bankruptcy,
he
needed
as
$250,000,000,
,
Regulator
electronic
it
as
the
industrial
which
'
1946
12,689.732
Rev.
bit
telow
strain gauge
Vs
Operating
drill
a
The
Net operat'ng income.
Net
automatic
ne"f
10.313,120
—
that
announced
as
—
*The
part of the assets.
any
Minneapolis-Honeywell
315.006
A
Operating revenues
Operating expenses
Operating tUXOi
or
in
raised
securities
Stifel,
88,345,436
462,107
Milwaukee,
all
trustee
facilities
gas
for
is expected
$12,491,000
trust.
property of this. comnany, at 4050 N. 34th Street, Milwaukee,
including its land, buildings, machinery and equipment/ will be
offered at public sale on Jan. 24 (at 11 a.m.) in Room
498, Post Office
Euilding. Milwaukee.
•
Gerlach,
1950
7,500,000
The
C.
and
$1,090,000,
8.500,000-
Of
Frederick
for
com¬
*7,500,000
Wis.,
Michigan Bell Telephone
Co.—Earnings-
1949
years
approximately
part
program
*8,500,000
-
;
the
construction
series due 1977
Milwaukee Tool & Die Co.—Bankruptcy Sale—
the
and
of
in
purposes.
series due 1979
'
in¬
be
of
Common stock
be
may
Exchange,
of record Dec.
r
.
and
and
approval
transactions
1948
to-finance
corporate
bonds, 2%%
the
stocks
for
this
of
Curb
ex-distribution
an
.
207.
p.
the
the
the
West capital stock, held
markets will be maintained
two
27
Jan.
only
' O P- 8.
arrangements
169,
in
on
and
of -Middle
shares
'
~
17
used
other
bonds, 3Va%
2%
by the Securities and Exchange Commission
of the proposed distribution by the company on Jan.
27 of one share'
of
$10
par
common
stock of Kentucky Utilities Co.
for
each
two
or
$17 in r»sh
share of Standard.
have iiled a
suit
corporation.
dealings
Jan.
market
followed
action
Co
50%,
or
for
instituted
of
mortgage bonds,
$6 pfd.
but in no event will Rothschild acquire sufficient shares to
aggregate 10% of the outstanding Middle West common.
markets
Two
months
Miscellaneous
it
combined
the
distribution-on
law
cash,
each
'Corporation
*
earlier
1949r
8,
and Louis F. Rothschild,
26,000
of
be
for
First mtge.
s
shares
at
on
First mtge.
be
.
iVv/.. ..vi
•
sale.
announced
will
it
is
additional
will
and
PROGRAM—Company's
:
,
1974
been
Ruling by Curb Exchange—
Wholesale
the. purchase
Ralph Warnken at Baltimore, Md., on Jan.
ten days to show cause
why he should not
corporation
junction
to
in
own
Subject to an examination of Standard's
contracts with its
customers;
Mathieson proposes to pay either
the
that
states
were
75.000
deposited thus far.
of
has
of
shares
at
the '
of
'
distributed by Middle West.
Kentucky Utilities stock which Rothschild
would
be
entitled
tc
receive,
.it
has
already sold;
on
a
whenissued basis. 28,985.5 shares.
Louis Rothschild would be entitled to- an
addition"!. 13.000 shares of the Kentucky Utilities stock.
The applica¬
v
,
stockholders
its stock
when
71,578.5
redeemable
case.
program
expenditures
will
First
constitute "slightly more" than 5% of the outstanding .Middle!
.stock, by virtue of which Rothschild
"may be con¬
an affiliate of said Middle West Corp." as well as an affiliate
the
Of
each
proceeds
CAPITALIZATION.
common,
sidered
w-s
Four
additional
an
be
requirements
prior to maturity
general, redemption prices, the initial
'
Kentucky Utilities.
or
Utilities Ca. common
stock
which
as
a
liquidating dividend."
On Jan.
owned
will
the
to
respectively, or a total of $28,071,000.
Of
$28,071,000, expenditures for electric facilities
of
amounts
applied
*
Works, Inc., have agreed
Mathieson Chemical Corp.
•
plus one-.-hare of Mathieson
in
lunds
acauiring Middlethe intention of distributing the
"with
account
own
partner,
of Kentucky
the
shares,
announced by Julius A.
Victor, Jr., of the Baltimore
representing the stockholders.
The
Safe
Deoosit & Trust
Baltimore. Md., depositary, said that about
been
its
receive
to
holdings
great
firm
have
Rothschild
that
Bonds
time
any
v
has
143,157 shares of Middle West common;
s-pec-ial
a
area
142,500
of
Acid
by
York,
197.9.
pursuant
at
expected
1949, to stockholdersKentucky common for"
of
common.
New
.
Gulf
share
.
announced on Jan.
95%
of the
150,000
about
states
for
of
owned
Mathieson Chemical Corp.—Proposed
Acquisition-—
was
West
Co.,
Jan., 27,
on
one
Kentucky
tion
It
application
entitled
which
sale,
of
affiliate'of Middle West
an
shares
present
plant
&
made
ra^e
Middle
of
West -stock
hydro¬
domestic, commercial
in
consumers
of
of
Texas.
absorption
Beaumont, Orange,
mid-Jefferson County area.
Mr. McCarthy, in his
announcement, of- the
development
The
for
'<
Winnie,
second
a
double the capacity of the first
plant.
Residue gas from these plants is then sold
and
and
gas reserves-in Jefferson and Cham¬
absorption plant which was completed '
gas
is further refined and treated in
an
natural
will
'
plants
shares
Rothschild
F.
Companv Act as
advances
repay
natural
in
The
is
construct
used "to
processing
Texas,
ago.
construction
be
to provide working -capital.
Ch^m'cal is
engaged ip, the
McCarthy
carbon chemicals
bers
to
company
will
28-at the
to the SEC for
authorization to
acouire stock
of Kentucky Utilities i Co.
being dis-•
tributed by The Middle West Corp., or for exemption from the Holding
17
bonds
Dec.
two
L.
>
and
The
two
the
of
each
to• bp
distribution-is
record
of
Equitable
The company
is raising part of the funds for its 1948 and 1949
construction program
and for other corporate purposes by the sale
of the 1979 series bonds now offered.
It is
.
.
The
of
in
net
total $25,000,000
to
dissolution,
and
holders its holding? of 1.655,000 shares of the common stock ($10 par)
of Kentucky Utilities.Co.
•
by Glenn JL McCarthy,.;
negotiated by Kuhn, Loeb & Co.
was
sale
two
total
process of liquidation
authorization
to
distribute to Its
in
corporation,' now
1,
part
$14,490,060,
Stock—
'
bonds, it
last
result
to
'
The
interest
pany's construction
$76,557
the
Corp.—To Distribute
in
or
CONSTRUCTION
West
Middle
plus
PURPOSE—The
111.
p.
bid
a
days' notice at
price
bonds will also be redeemable upon like notice by opera¬
of
the
sinking
or
other fund, the replacement fund, use of '
certain deposited cash or by use of proceeds of released
property at
the special redemption prices, the initial special
redemption price being
40,859
$126,680
profit
on
were:
tion
$51,132
j-—
—,
sale
3'/as
as
105.06;
9.660
-——
sale
100.92.
30
$117,020
•—-——
competitive
the
Lynch, Pierce, Fenner & Bcane,
101.331; White/Weld & Co., 101.1719,'
Co.,
&
Corp.,
whole
277,559
—
profit
Interest
207.
Co.
retailers
Co.,
in
mortgage
the
7.
p.
option
162,096-
at
at
Merrill
1, 1949; due Jan.
of the company or
278,596
____
F.organ
Boston
made
was
received
101.416;
Jan.
174,339
---
income
Total
1949,
15,
kwh.
39,097,000
,
& Co., Chicago—Sale—
L.
169,
week
with
decrease
a
Lytton's-IIenry C. Lytton
This
the
compared
as
First
Dated
Sep. 27,'47
$569,955
returns)
administrative expenses.--
and
Other
Louisville Gas & Electric Co.
(Ky.)—Weekly Output—
Electri"
(less
sales.—-.
of
bonds
bids
Corp.,
Glore,
101.402;
The
Yr. End.
the
Other
Securities
being
the
company to issue and sell $2,000,000 of
214% notes to four commercial banks-to
provide funds for use in its"
construction program.
The notes are to mature July 15, 1949.—V. 169,
p. 207.
'
'
totaled
sales
Total
Cost
has
of
Award
CORP.
ATLAS
PROFIT
OF
Yr. End.
Long Island Lighting Co.—Note Issue—
SEC
Jan.
being offered.
Oct. 2,'48
The
Jan. 20
,
conversion
upon
Stuart & Co. Inc. and associates offered to the public
$7,500,000 first mortgage bonds, 3Vs% series due
1, 1979 at 102.06% and accrued interest.
sey,
98,750 shs.
now
7
Mississippi Power & Light Co.—Bonds Offered—Hal-
Outstanding
205,716 shs.
1
101.577.
EARNINGS
-■
1044.
p.
(379)
FINANCING
/ U50.000 shs.
—
shares are
197,500
PRESENT
Authorized
';'650,000 shs.
.——
.
CHRONICLE
tubular
goods in the
be the first steel finishing plant of its kind in the
estimated that from 18 to 24 months will be required
the
par)—_—;l
($3 par)
preferred stock.
TO
.
(10b
Stock
which
»Of
'
\
•.
plans
Preferred
its
j-.
'1
stock
Common
$65,000,000,
FINANCIAL
EFFECT
GIVING
-V'i
17, will apply
loan
a
i
corporation
mills.
It will
Southwest.
Corporation
expand
several
•
The
new
to
used
announcement
an
Finance
&
,
Operating revenues
Operating expenses
$6,300,061
Co.—Earnings
1948—11 Mos.—1947
$5,541,550 $67,356,678 $54,190,210
26,540
210,544
165,945
$5,515,010 $67,146,134 $54,024,265
4,653,919
52,485,455
46,484,425
__
Operating
Net
Net
oper.
after
'—V. 168,
4,895,372
692,586
480,796
7,671,518
4,740,809
income—
$712,103
$380,295
$6,989,161
$2,799,031
530,738
236,398
5,192,123
1,415,077
taxes
charges
p.
2434.
—
•
g
THE COMMERCIAL
(380)
increased
there
to make
horizon,
we
Gordon
of
have
Cowesett,
been
and
director
a
Ohio Oil Co.—New
R.I.,
elected
the
resignation
who
had
and
General
Mr.
(INCL. DOMESTIC StJBS >
Nov. 1,'47
Nov. 2/46
Nov.3, 45
Co.
and
since
is
the
of
18
of
the
at
also
Gorham
who
Manufacturing
Co.,
director
a
Estabrook
F.
Industries of
Institution
for
in
the
of
of Newton, Mass.,
company's Vice-President
the
was
retirement
his
Associated
Providence
Robert
of
and
1935
Manager
Gordon
the
of
Jan.
on
served
Continental
See
and Sanford B. Cousins of
"Mr. Gordon is Executive
9,901,744
3,846,994
8,084,849
2,556,189
1,068,552
892,842
754,680
Rhode
Rhode
Island
Hospital
752,854
605,891
533,744
364,777
335,837
Sell., gen. and adm. exp._
FTov.
for
deprec.
and
3,918,033
amortization
*
Prop, and misc.
Profit
4,039,391
188,350
income
—
outstdg—
shs.
of
Dividends
E'ftrn.
sh. com. stk._
per
4,539,017
Island, and is
169, p. 208.
Savings.—V.
trustee
a
1,031,824
3,904,399
1,650,000
1,800,000
$2,883,017
800,000
$2,104,398
400,000
at
1,000,000
$5.26
$2.53
1,150,000
'
$3.61
Federal
;
,
securities
Govt,
and
Cash
Th
Nov. 1/47
Other
income
1,467,183
16,883,093
Accrued
taxes,
Federal
913,648
2,024,831
3 %
debentures
Reserves
for
replacement
first-out"
Insurance
inventories
of
(net
stock (outstdg. 800,000 no
surplus
200,000
200,000
$49,451,099 $46,999,744
"After depreciation,
19-47.—V.
168,
Mutual
of $13,101,732 in 1948 and $12,322,642 in
reserves
153.
p.
Life Insurance
Co.
New York—Benefits
of
The
company
received
yiiar
on
Jan.
18 reported that
benefits from their
more
than
in
any
Benefits
in
1948
since
year
totaled
to
remaining
company continued to show
force, according to the report.
1948
53%,
$61,093,600,
or
Insurance
in
went
force
at
the
of
end
1947;
after
in
Jan.
increase in sales which
anticipation of higher
1,
1948 —V.
169,
took
place
premium
during
rates
on
the latter half
policies issued
meet
in competitive bidding Jan. 19, $4,320,000
2%% equipment trust certificates, series E. ; Subject to
clearance by the ICC the securities were reoffered at
prices to yield from 1.45% for those due Feb. 1, 1950 to
2,S75% for the Feb. 1, 1964 maturity. Also associated in
the offering are: Blair & Co., Inc.; W. E. Hutton & Co.;
Phelps, Fenn & Co.; Schoellkopf, Hutton & Pomeroy,
Inc.; White, Weld & Co.; The Illinois Co.; Graham, Par¬
sons &
The
Co. and Reynolds & Co.
issue
awarded
was
Other
body & Co.,
bids
99.4311;
Halsey,
bid
of
the
sale
Stuart &
99.516,
Co.
Inc.,
interest cost
net
a
2%s
as
The
Kidder,
were:
Ripley
certificates
Feb.
1,
Co.,
&
Lehman
and
2%%
a
dated
are
1950 to
Inc.
with
to
than
More
1948.
fourth
a
period
the
since
the
of
V-J
in, there is still much to be done.
come
smaller
in
centers
and
the
of
1,800,000
as
com¬
Day.
At the end
in
localities.
rural
Feb.
1,
1949,
Brothers
will
and
(jointly)
bid
mature
$288,000
169, p. 208.
3 Wks. and
company's
year
miles
1947.
of
of greatest construction was
wire in cables—half again as
-
.
for 1947, and more
//'■''
Sales
total
than double
nearly
added
7,000
that lor
fa
p. 20C,
employees
personnel to about 72,000.—V. 169,
sales
company's
The
for
1946,"
1948,
commented
'■'/%.
bringing
the
the
1943
year
the
were
1948
largest
to
659
of
in
stores
at
Dec.
operation
decreased
1943.—V.
31.
168,
New England Gas & Electric
p.
1947'
for
any
year
in
the
Electric
(Minn.)—Weekly Output—
this company for the week ended Jan; 15, 1949,
totaled
67,109,000 kwh., as compared with 64,352,900 kwh. for the
corresponding week last year, an increase of 4.3%.—V. 169, p. 208.
output
a
from
702
at
the
Ended
for
the
England
—V.
168,
Association—Output—
feet, or 13.70% below production
corresponding week a year ago.—
&
Telegraph
Co.—
18
authorized
1947
$6,701,641
Net
Pfd.
427,500
Nov.
$2,859,617
$2,177,293
1948
1947
30—
State
taxes
income
on
1946
$17,321,380 $15,310,542
9,805,352
8,616,638
2,320,300
1,900,200
1,749,250
1,382,389
1,661.661
1,721,367
$4,817,675
$3,954,167
$3,223,287
77,064
25.521
34,036
$3,979,683
$3,257,383
accruals
income
(net)
income
$4,894,739
Z
657,138
dividend
656.053
649,254
$4,237,601
$3,323,635
$2,608,129
427,500
427.500
427,500
$3,810,101
$2,896,135
$2,180,629
$4.61
income
stock
Balance
for
"Earnings
$3.50
$2.64
requirements
stock
com.
per
"Based
on
surplus
share-
common
827,013
&
.
shares—V.
168,
2689.
p.
1968.
The proceeds will provide the company with addi¬
tional
working capital and funds for expansion and im¬
provement purposes.—V. 168, p. 2689.
pacific Telecoin Corp.—Equipment Issue Placed Pri¬
—
Gearhart & Co., Inc., New York and Paul D.
& Co., Boston, in November placed
privately
$250,000 41/2% equipment trust certificates, dated July 1,
1948, due July 1, 1951. The price was 99V2 and dividend.
vately
Sheeline
Issued
and
under
coin
oper.
1948—11 Mos.—1947
$8,445,501
18,026
rev.-
$7,086,870 $87,413,713 $72,613,585
17,041
206,317
150,336
revenues
__
$8,427,475
$7,069,829 $87,207,396 $72,463,249
5,733,979
67,023,239
58,135,733
743,186
10,570,220
7,905,651
Operating expenses
6,436,053
Operating
1,015,113
Trust
deemable
and
at
redemption
taxes
Net
$976,309
after
$592,664
$9,613,937
535,266
8,365,159
5,770,552
charges
169,
1948 Up 11%—New Director—
P.
Higgins, President, announced on Jan. 19 that the com¬
the plant in Worcester, Mass., and all subsidiaries for
the last year exceeded
1947 by 11%, with sales of the company in
Worcester alone showing a gain of 6.5% over the year before.
He
singled out refractories and Norbide abrasive sales as showing
the largest percentage increase. He added that the gains in the abra¬
sive division, of which those mentioned were a part, more than offset
sales
a
of
decrease
of
R.
156,
p.
25
cents
in
the. machine
Vice-President,
Moore,
division
said
revenues
rev-
•.
has
been
elected
a
director.
Co.—Earnings—
15,
? ( 1948—11 Mos.—1947
$240,472 /! $2,960,966
$2,486,561
2,613
8,083
7,470
$237,859
194,462
40,330'S
operating incomecharges
after
—V.
168,
p.
and
102
dividends.
Unconditionally
dividends
July
1
in
Fund
the
amount
Angeles,
organized
was
organized
was
take
to
The
any
products
owned
such
of
of
Bendix
2,423
of
which
has
operations.
the
Oregon.
$2,952,883
2,404,685
307,157
$2,479,091
2,086,611
207,566
$241,041
$184,914
119,171
the
corporation
14
and
machines
such
are
being
now
added
Other
a
great
products
sold,
wholly
and
deal
to
Years Ended Nov. 30—
the
devices
such
net
__
—
profit of
—V.
operating income
charges
after
168, p.
2545.
the
before
excess
profits taxes
$210,251
239.305
i
taxes-
1946
$.987,397
sales
44,051
89,520
17,000
$149,784
$27,051
-
income
The
equipment subject of the equipment trust under which the
equipment trust certificates are issued consists 01 approximately 2,755
Bendix
automatic
washing
machines and certain supplemental equip¬
dryers, and has been
by the corporation to Pacilic Laundry Equipment
Corp., by whom the equipment is to be owned and operated, under a
conditional
sale
agreement,
which
has
been
assigned
to
Bank
of
sold
comprised principally of water heaters and
and
transferred
National
and
Trust
Savings
PURPOSE—This financing
loan
Association
trustee.
as
paying an existing
of raising the capital neces¬
$19,052
8,034
$28,022
17,528
of
purposes
of
approximately $90,000 and
corporation's expansion program.
Specifically, the net
payment of the bank loan, will be used to purchase
Bendix
washing machines and in establishing additional
after
additional
Bendix
is for the
the
for
proceeds,
home laundries
and
"launderette"
stores
in
the
territory served
by the corporation and for working capital.
GIVING
CAPITALIZATION
Equip,
conv.
stock
Common
TO
(10
cents
SALE
OF
CERTIFICATES
Authorized
Outstanding
$2o0,000
ser. "A" (3-yr. 4y2%)
pfd. stock ($5 par)—
tr. ctfs.,
cum.
EFFECT
."
Security—
$250,000
54,480 shs.
60,000 shs.
.
700,000 shs.
40,000
par>
520,800 shs.
40,000
purchase common stock at $1, $1.50 and $2 per share.
corporation
outstanding 40,000 stock purchase warrants
thereof to purchase liom the corporation until
has
holders
the
entitling
1, 1949 an aggregate of 13,000 shares of common stock at $1 per
share, an aggregate of 13,000 shares of such stock at the price Of
July
the
per
share
and
aggregate of 14,000
V
~
an
shares
price of $2 per share.
STATEMENT OF
sales
INCOME,
•
YEAR
1
ENDED
—
of such
,
.
NOV.
———
_
stock >at
'
'
<
30.
1947
$987,397
—.
.
Cost of sales—-—
' *
753,870
$233,526
profit on sales..
operating revenue.
1948—Month—1947
1948—11 Mos.—1947
$9,074,560
20,570
$8,215,018 $96,122,185 $84,586,663
$9,053,990
$8,187,096 $95,891,727 $84,331,451
5,642,066
71,923,661
61,199,978
1,279,356
12,657,442
11,898,989
27,922
230,458
Gross
496,072
income
$729,598
500,662
Operating expenses
255,212
6,862,776
1,173,980
-
Other
Net
$1,017,234
-1,027,203
$1,265,674 $11,310,624 $11,232,484,
1,256,802
11,365,337
11,082,908
" "
Net
$228(936
income—net
10,369
$239,305
income^.
Provision
Net
Net
as
Fur¬
1947
Net'operating income
Operating expenses
Operating taxes
two
them the
effectiveness
among
include
Gross
rev._
of
was
1946.
The following table shows the growth in sales and
corporation in its past two fiscal years:
Other
oper.
sale
future.
72,268
24(345
2545.
revenues
Utah.
the
vending machines and other sell-service laundry equipment.
ther, Telejuice Vending Machines are being sold.
Income
a
and
operation
soap
Total
Los
activities
and
Machines
812
coin-
75
and
include
sale
1947,
House
with
compared
30,
30,
Nov.
011
in
Delaware
originally
was
activities
the
and
Corp.
Apartment
Nov.
products
new
Extractor,
year
as
on
These
stores
Telecoin
by
fiscal
"Launderettes"
Launderette
of
the
"Launderettes"
number
in
Arizona.
and
in
Francisco
San
rights to all of the
California, Washington,
"Launderette"
developed
end
operating
Corp.
Mexico
New
operation
the
in
exclusive
has
Telecoin
of
and
At
located
belonging to Telecoin Corp.
and
subsidiary of the latter company.
corporation
functions
laundries,
the
over
Calif.,
Home
Ohio Bell Telephone Co.-r-rEarnings—
Uncollectible
guar¬
by Pacilic Teleof America
Bank
at
Sinking
BUSINESS—Corporation
Corporation
Bendix
Total
Net
at
AND
1944.
operated
The
1948—Month—1947
$289,355
797
$288,558
220,206
Operating revenues
Operating expenses
Operating taxes
Net
and
and
1
"Warrants
Ohio Associated Telephone
oper.
Jan.
Savings Association, trustee, San Francisco.
Re¬
time in whole only on 20 days' notice to the trustee
first publication to be at least 15 days prior to
date,
HISTORY
Sept.
6%
sales.
1692.
Period End. Nov. 30—
Operating
payable
and
accrued
dividends payable semi-annually,
beginning
1, 1949, in cash for retirement at par and accrued dividends upon
dates, of certificates aggregating such principal amounts.
sary
Norton Co.—Sales in
Milton
by Bank of America National Trust
San Francisco.
principal
$40,000
Jan.
bank
10.
p.
to
$6,421,865
820,882
operating income-
plan
trustee,
as
and
any
publication,
America
Net
Dividends
Corp.
ment
Operating
York
New
endorsement
by
National
of
the
Savings Association,
anteed
Net
Co.—Earnings—
1948—Month—1947
Period End. Nov. 30—
Operating revenues
Uncollectible
Operating revenues
Jan.
427,500
$19,687,908
reserve
Income and
Northwestern Bell Telephone
New
preparation of a registration
statement to be filed with the SEC in February covering $35,000,000
25-year debentures for sale in March under competitive bidding. Pro¬
ceeds of the proposed issue, it was said, would be used to redeem at
their principal amount, the company's $35,000,000- 5%
series A first
mortgage
bonds on June
1,
1949,
when they become redeemable.
on
1948
$6,186,469
1257.
p.
Period End. Nov. 30—
Telephone
and
income
$1.50
Financing—
directors
31—
-
Operating
New
Oct.
close
2544.
decrease of 35,981,000 cubic
feet
of
Sales
Uncollectible
For the week ended Jan. 14, this Association
reports electric output
15,500,053 kwh.' This is a decrease of 999,716 kwh., or 6.06% below
production of 16,499,769 kwh. for the corresponding week a year ago.
Gas output for the Jan. 14 week is reported at 226,710,000 cubic feet.
262,691,000 cubic
169, p. 208.
Federal
"To
of
This is
Ended
revenues
Retirement
A
—Calendar Years—
history.
number
1947
Dec. 31/47
427,500
requirements
11,167,544
Telecoin
Northern States Power Co.
—V.
$21,276,205 $21,722,465 $270,178,488 $217,915,297
—
The
Ended
Dp", 31/48
.
3 Days
Ended
Months
Wyoming,
■■
"V/V.'...
company
William
■
4 Wks. and
6 Days
dividend
wholly-owned
Whimore.
The
Pea-
Salomon Bros.
99.28;
coupon.
inclusive.—V.
1964,
651,799
$2,604,793
1,
ac¬
issued
of
National Tea Co.—1943 Sales Volume A Record—
The
1948,
report
was
added in
been
of
bined
99)764 for certificates
647,668
$3,287,117
needs,
in
300,000
have
part
—V.
a
at
on
received
Hutzler, 99.108.
Harriman
of
year-end
a
its postwar
in
This
year.
installation
Mr.
was awarded
V.
during
history
its
in
had
we
ing figure
fry Equitable Securities Corp. and Harris, Hall & Co., Inc.
oi
peak
the public's
than
continue
Quarters
eaieh
in
year
President,
Northrop Aircraft, Inc.—Quarterly Sales Declined—
Nashville, Chattanooga & St. Louis Ry. — Equipment
Trusts Offered—An underwriting group jointly headed
2.436%.
667,321
$4,190,437
—
Dec. 1, the company borrowed $15,000,000 from the Pru¬
dential Insurance Co., evidenced by 3% notes due Dec.
Growth and improved service in 1948 resulted. from a construction
program
in which the
company
invested $172 million, the largest
amount in its history.
"This is about $7 million above the correspond¬
208.
p.
Z
.
169,
,
$4,221,160,100.
This was a gain of $107,297,800 in the
The average size of policy issued in 1948 was $4,975, the highest
for
the company.
New insurance sales in 1948 amounted
the sharp
Sc
meeting.—V.
Wheeling
the
at
record
ttf $284,248,400, compared with $324,172,400 in 1947- This comparison,
tfi# company explained, is distorted, as. in other companies, because of
of
234
the
gains in amount of insurance
new
stock
12
of
totaled
year.
On
or
busiest
the
Y/Viitmore,
record
a
to
1948
much
last
'
The
designated
had
more
to
and benefi¬
contracts
at the rate of $317,000 a
Death benefits amounted to 47% of the
day and $2,222,000 each week.
total, or $54,435,400, while the
to
living policyholders.
ift
insurance
1941.
$115,529,000,
by
18.
Another
its policyholders
life
the board of the Wheeling
the death on Jan. 7 of
the Nickel Plate and the
to
created
Chairman
been
Telephone Co.—1948 Was Busiest Year—
Carl
to
telephones
Policyholders in 1948 Highest Since 1941—
ciaries
postponed their regular meeting
when it is expected that Mr.
182,000 persons waiting for telephones,
compared
with 296,000 at the end of 1947, and 436,000 at the close of 1946.
Of
the orders held over from
1947, however, 90% were cleared during
1948.
We
are
also
making progress in
reducing the accumulated
requests from subscribers for better grades of service."
Calls
originating from the company's telephones in 1948 averaged
21,800.000 daily, an all-time high, nearly 10% above the 1947 level.
Fifty-eight new central offices—also a record number—were installed
by the company in .1948, bringing the company's total to 733 by the
year's
erid, Mr. Whitmore stated.
These include 35 offices gained
during the year in New York City. In the state-wide territory addi¬
tions were made to 99 central offices serving larger communities and
15,639,204
12,742,551
13,830,291
Total
16,113
$3,256,592
26,
appointed
vacancy
had
was
company
service
197,495
15,639,204
shs.)
par
37,590
$3,934,785
To Elect New
—
"Moving ahead
rapidly in our efforts to meet the demand for
telephones since the war," said Mr. Whitmore, "we have thus taken
care of much of the backed-up demand.
But, as new applications for
542,500
183,295
reserves
Common
Earned
Plate
Jan.
was
the
who
pany's
7,500,000
542,500
—
General
72,924
$4,857,758
.
Utility operating
expansion and improvement
the company added 491,000 tele¬
about 76,000 more than in 1947,
year, and brought the company-wide system's total
to
4,511,000
telephones at the close of the year.
These included
2,763,000
instruments
in
service in
New
York
City,
which alone
of
taxes)—
of
reserves
until
White
fill
during the
the previous record
"last-in,
basis
(net)—
deductions
Gross
Nickel
18
phones
2,083,666
7,500,000
15-year
$3,240,479
Owens-Illinois Glass Co.—Places Notes Privately—On
Reaching
$5,030,000
2,260,437
803,891
tax__
the
Mr.
to
Chairman
program
$46,999,744
etc.—
wages,
income
$3,897,195
1,803,000
elected.
gained
property
for
of
Davin,
Jan.
on
14,940,124
$6,465,000
2,152,330
—>.
1,680,555
$4,784,834
I
income
directed
14
112.
p.
1,716.446
income
Pfd.
2688.
cording
19,365
311,187
banks—
169,
Jan.
be
18
W.
This
379,171
1,465,547
19,374
payab'e
Jan.
1,917,200
1,359,923
$3,762,937
Net
Jan. 26—
New York
$49,451,099
Reserve
will
Jan.
p.
LIABILITIES—
to
Exchange on
261,000
600,544
insurance policies-
Total
Accounts
Stock
2,272,100
on
income
Income
business
$5,391,512
610,102
574,859
plant and equipment——
for
Meanwhile,
on
590,521
investments
Notes payable
of
of
on
directors
White
9,979,519
applicable to future operations
in English subsidiaries
"Property,
York
President
13,378,545
Investment
Other
close
the
at
York, Chicago & St. Louis RR.
scheduled
13,929,354
insurance, etc
life
of
record
of
income-
accruals™—
Income deductions
10,833,873
:
value
surrender
holders
to
taxes
reserve
operating
Operating
coupons.—V.
No
costi.
(at
—
Advertising material, prepaid
Costs
made
State
1946
1947
$19,488,916 $17/248,176 $15,363,268
1.1,072,059
9,717,336
8,639,233
___
Wheeling.
261,000
receivable-.
Inventories
be
expenses
Utility
Lynne L. White, executive Vice-President of this railroad and of
Wheeling & Lake Erie Ry., will be named President of the Nickel
Plate next week, according to reports in Cleveland on Jan.
18.
John
Oct. 30,*48
$4,554,970
—
S.
U.
the first mortgage
on
1949.
New
New
(INCL. DOMESTIC SUBSIDIARY)
ASSETS—
Accounts
1949
1948
revenues
•Retirement
Other
SHEET
BALANCE
CONSOLIDATED
Cash
will
31,
certificates
quent
400,000
follows:
as
1,
$1,031,824
1,000,000
Feb.
that the bonds,
deposit
therefor,
be
quoted
ex-abovementioned
interest on Feb. 1, 1949i that they shall continue to be dealt in "flat,"
and the bonds to
be a delivery in settlement of Exchange contracts
made beginning Feb. 1, 1949, must carry the Aug. 1, 1949, and subse¬
Retroactive wage increases, $1,000,000, accel¬
erated
amortization
of war
facilities, $178,794, and provision foi
deferred Federal taxes, $377,943; total, $1,566,737, was deducted from
$1 707,200
representing claims for refund of Federal income taxes
arising from carry-back of unused excess profits credits and tax loss
1545-and from accelerated amortization of war facilities,
JCash divi¬
dends received from English subsidiaries.
"Arrived
Jan.
and
''150,463
.1:297,777
1!600',000
profit
deposit
The
881,360
3,904,399
$2,587,741
800,000
1,500,001
$3.23
taxes—
inc.
Net
of
on
4,241,240
4 187 741
—
_
Total
No.
458,099
income
Misc.
Fed.
taxes—
etc
charges,
Interest
due
168, p. 2545.
12 Months Ended Oct. 31—
Operating
Operating
Trust
5% gold bonds,
series C, due 1956, and on the first mortgage 4'/2%
gold bonds, series
D, due 1956, of 2V2'/
and 2lA %, respectively, will be paid on that
date at the office of J. P. Morgan & Co., Incorporated, 23 Wall Street,
New York,
N. Y.
Payment on said bonds represented by certificates
1,094,359
485,314
352,272
10,2.96,979
interest
above.—V.
1945.
New Orleans, Texas & Mexico Ry.—interest Payments
The
4,914,306
2,101,001
profit on sales-
Gross
K
Foreign Affiliate Organized—
Co.
Oklahoma Natural Gas Co.—Earnings—
Gross
IIBIsbo S&S
Oil
directors.
R. I.,
and Mr. Cousins is Vice-President and General
of the Telephone company.
•They fill vacancies caused by the death last November of Edward H.
Rathbun of Providence, who was a director for over 20 years, and by
worid conditions, not no^ in,sig
year with satisfactory results.
Oct. 30.'48
Fiscal Years Ended—
Monday, January 24, 1949
Providence,
STATEMENT
INCOME
COMPARATIVE
CHRONICLE
Manager
reject. t^profhs but unless
prediction .hi
any
upset in general
should close the
is an
M.
Mass.,
Vice-President
safely count fiaj.an
of livestock. As has been the case for ma"y
'
production
n ts hazardous
Boston,
continue at a high
is favorable. Owing
Operations to date in the current fiscal year
and the outlook for the balance of the year
the record-breaking
1948 corn crop, we can
levfel,
to
Elliott
annual
ended Oct. 31,1948, said in part:
President, in the company's
report for the fiscal year
FINANCIAL
Two New Directors Elected—
Co.—Operations Continue at High
Morrell &
(John)
Level—G. M. Foster,
&
for Federal
income
income
Dividends
on
89,520
taxes
$149,784
.
preferred stock
——
U
$16,045
•
^
Volume
169
Number 4771
THE
Pacific Telephone & Telegraph
Period
1
6
Operating
oper.
$
24,940,224
113,755
133,038
rev.
Operating
Net
well
313,111,687 224,182,551
1,325,919
94?,053
Net
after
24,807,186
20,46.1,003,247,856,137 19.1,619,685
2,450,102
31,978,671
13,622,728
income
2,700,707
charges———
311,785,763 223,235,4 78
1,895,482
1,864,173
.
31,950,960
1,374,581
INCOME
pool
where
-r-V.
168,
Period End. Nov. 30—
Operating
revenues-
88,815,759
expenses
69,016,937'
Taxes
—_
—-I—3
■
■
for
the
-increase
an
Nevada)
76,087,530 342,980,782 278,636,941
63,875,496 273,165,348 255,191,622
6,838,451
34,930,193
income
9,947,304
5,373,583
34,835,241
399,998
2,120,485
755,362
10,438,909
Interest deductions
5,773,581
37,005,726
Preferred
1,817,710
10,708,371
its
to
Common
3,955.871
26,297,?55
12,323,5 J7
1,230,000
dividends
>
1946.
Jan.
169,
icr
p. .203.
• •
*
1,230,003
4,f 20,000
-This
4,986,903
1,811,925
15,884,423
$5,492,932
$0.98
$7.10
this
of
for
the
Plate
Glass
corporation
3u Id ng,
being
are
Head-
Pittsburgh,
transferred
Pa.,-
two--products,
structural
corporation
the
formed
was
Pittsburgh
glass
Plate
blocks
in
Glass
and
1937
Co.
by
It
the
Corning
?
..
Pa.,
$2,68
and
Sedal
Mo.—V.
a,
four
owns
168,
plants
located
on
tric
&
•
and
Gas
on
at
all
Earnings
share
per com.
"This
jlncliides $338,000
■•'Deficit,
1343.-—V.
American Airways
Pan
The corporation
outstanding
the
credit
of banks, and on Dec.
standing.—V. 168, p. 2545.
to
due
carry¬
dated
31
there
Oct.
2,
1946,
$35,000,000
were
of
with
notes
.
out¬
Allegany,
Gas
Chase,
payable,
Of t.ie
equal
yearly installments beginning Dec.
15, 1950.
proceeds, $3,000,000 will be used to pay bank loans and the
wdl.be added to working capital.—V. 169, p. 208.
* '
that
18
it
filed
has
the
Procter
&
Gamble
Co.
will
be
served
effec¬
more
hew
radio
television
balance
motion
and
programs
168, p.
3-:-:'
.
Public
of
that
Service
four
Corp.
classes
interest
no
for
.
and
the
Public
of
old
last
$1.40
six
preference
Service
securities
months
stock
common
Electric
mentioned
1948
Gas
&
will
of
Co.
be
will
paid
delivered on
void unleSvS sur¬
become
prior to July
1, 1953, in exchange for Public Service Electric
Jersey Gas Co. securities.—V. 169, p. 113.
South
or
revenues
1348—Month—1947
$2,363,950
1548—12 Mos.—1947-
$2,366,021
2,596,069
____
1,379,914
$28,696,268 $27,015,721
18.434,780
16,541,415
145,833
133.2 :.7
1,738,867
74,000
187,358
1,816,548
1,8". 0,508
$554,043
$665,482
$6,708,075
$6,994,653
taxes
on
1,584,145
&
3,197
5,965
3,913
13,015
184,115
199,252
2,340,846
2,346,626
8366,736
$460,265
$4,361,316
$4,634,712
687,500
687,500
amortization
income
preference
dividends
-Balance available for
construction,
"NOTE—In
and
June,
paid___
stock
common
other
1948
dividends,
corporate
1|
$3,673,816
purposes;
the
company received the
stock of North Coast
final
$3/947,212"
installment
on
-
the sale of the capital
Transportation Co. to *
Greyhound Corp. Dividends of $1,028,000 received
from the North Coast.
Transportation Co. during the 12 months ended Nov.
30, 1948 (1947—"
$550,000) are nonrecurring and, together with the
Federal income tax
applicable "thereto, have been excluded to
give a better comparison of-.
Puget's operating performance.—V.
168, p. 2690.
■;, ..
RCA.
Communications, Inc.—Earnings—
Period End. Nov. 30—
Total
oper.
v
1948—Month—1947
V
?
>
1948—11 Mos.—1947
revenues^-
$970,052
$929,375
Total. oper.;? expenses—^
$11,211,430
986,430
998,011
10,670,461
-Net
oper.
revenues—
Ctn. communication inc.
j-
i
Public Service Co. af Indiana, Inc.—Bids for Bonds—
;
stock
income
•
The)
-L.-
pictures."
2546.
holders
interest-bearing certificates,
debentures
End. Nov. 30—
Federal
conducting the business of buying and
'and
i§ capitalized at $1,009,000.—V.
company
notified
17
Depreciation
Prior
of
tively" by the new company operating as a separate
entity. The new
company will continue to work
directly with the, advertising agencies
aud independent producers in
producing
6%
The
Co.
Net
articles
Div-
or
Puget Sound Power & Light Co.—Earnings—
Subsidiary Formed—
-and. motion \
picture needs of
The
company
on
Dec. 15
borrowed $5,000,000
from
the
National Bank
of
the
City of New York on a 2%%
note
Jan.
on
& Gas Co.- -No Interest
common
Net
,'l;"...1
"
four
announced
with
-
The announcement said: "The
growth and complexity of our radio
activities and plans for television make
the formation of this subsid¬
iary advisable.
It is believed that the radio,
television
a
Pan American Petroleum & Transport Co.—Loans—
in
company
about
oper. revenues
Other inc. deducts, (net)
50-50
incorporation w.th the Secretary of State of Ohio for a
wholly-ownedh
subsidiary company to be known as Procter & Gamble
Productions,
Inc.
This subsidiary
will take over radio, motion picture and tele-V:
vision
activities
previously handled by employees : in its advertising department.
'
*
additional $5,000,000 of notes
an
agreement
group
refund
tax
168, p. 2689.
Corp.—Repays Bank Loans—
in December repaid
under
of
account
on
back of excess profits credit in
and
Operating expenses'J
269Q.
p.
Procter & Gamble Co.—New
>
that
i
that served
of
11.
p.
perpetual
dividends
securities
Interest
Balance
Co.
or.
exchanges.
-Period
•
Port
estimates
electricity
and
scrip for South Jerstfy Gas Co. capital stock.
Operating
Works'
a
.
with
40,000,
Old Securities—
Jan.
on
from .'
insulation.
Glass
cap.tahzed
was
,
now
glass
Company
served
after
interest of
No
during the next;,
cellular
Mexico.
about
or
dividends
July I, 1948, will be paid on those s°cufities;
dividends will be paid on .scrip for Public Service Elec¬
period
Interest
days, according to Julian P. Staples, General Manager.
will be located at 3C7 Fourth Avenue, P.ttsburgh.
larger quarters w 11 enable the firm to better serve buyers of
Pittsburgh Corning
''$1,440,435
$1.89
New
company
Jersey 8%
preferred stock
rendered
offices
,
8,850,002
$913,9.46
Corp.—Establishes
ten
basis.
4,920,000
$1,280,415
Corning
New
territory
gas
169,
on
New
of
'•
v
the
was
36,000.—V.
idends Payable
i
...
Co.—Weekly Output—j
companies served bv this corpora-„
1940, totaled 238,530,000 kwh., as
the
correqioh^ing week last year, ;■
15,
about
of
served
9
.
new, offices
,The
5,803,864
7,437,318
dividends
operating
that
Public Service Electric
r
Grande
in
of
•
home
.The
18,136,4:i
2,941,591
income
the
ended
3.8(3.—V.
Pittsburgh
week
and'
Net
oil
southwestern
.
&
The
17,381,059
4yl,G05
income
Muta
quarters—
136,064,250
These
Total
of
Pittsburgh
(net)——
income
the
of
Venezuelan
water
on
$
9,851,518
operating
of
week
with 253,6-19,000 kwh,
compared
the
Net
Other
first
"
oiitiiiit
'Electric
8,483,035
$
$
Operating
miles west
its
•
in
total population
140,000,
1948—12 Mos.—1947
1948—3 Mos.—1947
$
discovered
Deming
.the
of
ACCOUNT
of
approximately 70
company
2229.
p.
'
(Including Subsidiary, Bell Telephone Co,
the
is
Pioneer Service & Engineering
11,993,035
24,597,586
strike
new
(381)
and
its
on
t.'on
CONSOLIDATED
are
130;0C0 .acre concession at Anzoategui,. Venezuela.' "
' L
K.
S.
Adams, President of Phillips Petroleum Co., said the new
discovery is near the Toco, Santa Anar San Joaquin and Roble fields.
23,565,159
2,824,725
taxes
operating
CHRONICLE
„
•
$
29,090,591
__
FINANCIAL
exercisable within ten years. On Dec. 31 Caere were options
outstanding to purchase 177,889 shares.
•
Phillips Oil Co., another subsidiary, has completed a new discovery
The
Operating revenues
Operating expenses,
&
•
"1948—11 Mos.—1947
■
<*
29,204,346
revenues
Uncollectible
options
Co.—Earnings-
' 1948—Month—-1947
End. Nov. 30—
COMMERCIAL
$3,622
"$68,636
$540,939
2,466
40,743
"
$10,552,71910,696,414.
'
The
Patchogue (N. Y.) Electric Light Co.—Financing—
"
The
has been
company
company is inviting bids for the purchase from it of $12,000,000
mortgage bonds, series H, due Jan. 1, 1979.
Such bids will be
by the company at the office of Messrs.
Sidley, Austin,
Burgess & Harper. Room 2000, 11 South La Salle
St., Chicago 3, 111.,
first
»
authorized
l#y the New York P. S. Commis¬
sion to issue $650,000 3*/2.%"' 30-year lirst mortgage bonds.
Proceeds' '
will
be
used
to
repay
outstanding loans and for plant additions..
The Commission also approved the
company's request for permission
to
up
11
a.m.
(C3T)
the stated value of its capital stock to $600,000 by transfer
earned surplus.
The company plans to exchange its present-
from
preferred
2,000
of
$20
new
and
snares
par
11,000
stock.—-V.
common
shares
common
167, p.
2136,
for
30,000
shares,
•
Jan.
on
Weld & Co.; and Stroud & Co., Inc. The certificates were,
priced to yield from .1.25% to 2.70%, according to matur-,
ity and are being issued under the Philadelphia plan.?
The offering was made subject to approval of the Inter¬
Commerce
state
issue was
The
Period End. Nov. 30—
Operating
cost
2.5377.
of
Other
Jan.
bids
18
on
received
bid
of
the
certificates
a
for
£9>8C2,
revenues; c_-__
2Vis
as
Stuart & Co, Inc., 99.7086; The First Boston Corp.- 99.60;
Harriman Ripley & Co., Inc. and Lehman Brothers (jointly), 99.5226.
The
Nov.
certificates
1,
1949
To Take
dated
are
1963.
to
Nov.
1,
1948,
and
'
/
'
mature
-W.-;-
Gross
Int.
at
to
—V.
principal
amounting
amount
interest
plus
bond
two
of
issues
that
road
to
>
the
It
principal
The
,
4's of
that
reported
and
RR,
refinancing
be
could
to- guarantee
were
the
obtained
bonds
if.
only
botn
to
as
include
involved
there
the Long
Island unified 4's of 1899;
outstanding and the road's refunding
$377,000
are
1903, of which there
are $39,359,000
outstanding?—V. 169,
p.
113.
.
Peoples Gas Light & Coke Co.—Secondary Offering—
Union Securities Corp. on Jan. 20 made a secondary of¬
fering of 24,306 shares of
$100 per share.
stock
common
2546.
p.
Bottling
Co.
of
Los Angeles
General
Pepsi-Cola
Pepsi-Cola
drinks
Corp.,' and
James P.
McGregor,
President
of
Bireley's
orange,
grapefruit
grape,
and
berry
plants at
will
Los -Angeles, Long Beach and Glendale, Calif..
consolidated, with trucks carrying both Bireley's
be
throughout
Pepsi-Cola
$7,272,928
$3,968,122
at par
Jan.
2,210,310
2,227,077
and dividend.
I*, 1959.
of
$5,262,149
$6,757,812
the
territory."
$5,700,026
The.shares
are
Privately—The
and interest/to
company
Dec.
on
insurance
^an
'
.
to..Jan.
1, 1959, plus .in each ease an amount
th tire date fixed for redemption.- -• -
equal
to
.
.
,•-Transfer.Ageiib .Ne.W -York
—
-
Trust
Go.,. New
Registrar, Irving'
York.
the
the
company's
will
be
added
construction
to
the
of
be
mortgage bonds.
through
bank
An
loan
the
of
sale
<n'der-
the
plan
announced
local
plane, Bireley's has completed its previ¬
retiring. from localized bottling activities in"
attention
to
the
manufacture
and
saler/df-
of
devotefull
tp
Concentrate
on
national
a
basis.—V.
163,
3143.
p.
Tr
V:
.
j
in
1947,
.has"
). Philadelphia Electric Co.—rWeekly Output^
'
The
electric output of this company and its subsidiaries for the week
ended
Jan. -15,
1949 amounted to 154,851,000 kwh., an increase of.
3,212,000 kwh.,
or
2.1'/e
over
the
corresponding period last year.
—V.
169,
p.
208.
.
types
.
as
may
in
part
temporary bank loans"
of sa e of the company's1
$3,000,000 was obtained uuring
additional
borrowings
from
be desirable
.CAPITALIZATION,
.
The
with
company
on Dec.
1 borrowed $9,800,000
First National Bank of
Chicago,
the
The loan
for
due
$2,400,000
beginning June. 1,
in
four
half-yearly
1949, to Dec.
for .$7,400,000
loan
is divided into two parts,
1,
viz:
installments
1950,
inclusive;
an
to
1977-^^
—^1
A
of
2%
"A"
1978..
series
1977
each-
to
'
MB"-
is
due in six half-yearly installments, the first:
five for $600,000 each maturing on June 1 and Dec.
l
in each
ye<»r-(
beginning June 1, 1951,'to June 1, 1953, inclusive, with a final instal-'
ment of $4,400,000 payable on Dec. 1, 1953.
c
: '
.
■
-
-
.
Interest
on.the
thereafter
Federal
The
debt
at ,a
Reserve
aggregating
proceeds
Bank
The
4,500
uals
by
the
company
common
"under
at
loan
rate
of- 1Vzrto
New
the
the
York
or
plus
of
2%
the
%
to
Dec. 1,
rediscount
of
1%,
but
1949,
rate
in.
of
no
andthe
event"1
3%.
Oil Co.
and
will
be
used
Wasatch
Oil
The
in
&
part, to
repay the bank
Refining Co.j two of the
remainder
of
parent for general corporate purposes.
alsq" revealed that in December options
key
a
shgi.e were
executive
employees'
at
$56
due
payable
1,
to
Net
(2V2%)
^Unlimited-, as-to-
Net
property,
earnings
;
securing-such
of-the-preferred
granted
stock
to
the
168,
The
lor
company
72,855
will
share.
per
Proceeds
The
will
in
the
capital stock
of
Stonewall
manufacture
electric' distribution
and
Electric
facilities
purchase.
individ-.
plan..
Theroj
sale .of
Co.
whose
operated
located; in rural areas adjacent
quevque1 syst-ehi.
— --1 -
to
ice.
It
Net
used
expenses.—V.
safes
Total
-
The
Mexico
territory
served
includes
a.
by
aid-connected
the
consist
the
with
euth'e,
solely
company-
.area
in
$8,753
8,000
-
'•
30
$548,379
$390,981
'
.3.000
-
.
2.9,000
163,000
$15,715
$5,753
$329,379
$227,931",
12
Pittsburgh, Pa.—Files
filed
will
letter
a
stock
be
of
(par
notification
$1)
to
be
With SEC
the'
with
offered
SEC
at
$3
sold
through directors and officers.
purchase machinery and
equipment and oper¬
to
165,
2675.
p.
.
.
FOR
;
north
central' New
and
Co.—/Earnings—
THE
NINE
MONTHS
ENDED
SEPT.
30,
•
$17,435,694
—
2 or-,
income
ZI™"
;
taxes.;
74-,
'
i
—
'262
1 129 163'
Net profit
GapitaL shares outstanding—
Earnings per share—
167.
p.
_
End.
Sept. 30—
Co.
(&
profit
1948—9 Mos—1947
$10,236,486 $29,687,837
"94,014
+62.688
7270.615
482.910
483,310
482 910
—____
$27 052 83°-'
■
Common
shares
Earnings
per
<■
After
charges,
of
ments
outstdg.
com.
share
taxes
$0.14
and
Nil
209*298
•
-+83
$0.40
charge
due to excess of
inventories.
tLoss.—V.
"last-in, first-out"
-'i
Subs.)—Earnings
1948—3 Mos.—1947
$11,709,998
—
"<Net
$2.92
.
2793.
Reliance Manufacturing;
Period
Sales,.
$1,842,318
630,000
;
_
-£-V.
—
1948
...
income
Federal
Six Months Ended Sept. 30—
-7—
after charges
168,
31q'
$0.27
cost
of
p.
replace¬
351.
19.48
Federal
-
a
-Las Vegas,
6 525 757"
share
13
of
by
series
'
"
.
a
"good
year"
in
1949
for
this
R.
corporation
company'-s distributor-dealer organization
petitive buyer's market, he said.
"An
advertising
1949,"
was
D. Hilty, General Sales
Manager, on his return
distributor-dealer meetings in the
Southwest.
of
The
in
28c'513.
4
$107
;
.
Reo Motors," Inc.—^Outlook Good—
Forecast
•
$71,714,458'
5,1)35,053
4,502,586
taxes
outstanding
common
1947
$71,763,495
and
168, pp. 2437, 748.
Jan.
is
outstanding
program
he
will
keynote
an
aggressive
geared
for
made-
from
;
a
c0m7
merchandising
Reo
declared.
sales
ami"
campaign
y
s
'
Looking hack
ened
its
line
company's
Pi'ice
the past year, Mr.
Hilty said that Reo has broad¬
provide the most complete
range
of trucks in tho
over
to
45-year history.
increases for Reo models,
the -entire
he
truck
industry during 1948.
"Many „manufacturing improvements
the Aibu--
..
larg:e
embracing tbe_cities, of Albuquerque, .Santa-Fe
-
Other deduction's
15,000 shs,"
524,903 shs,
owns
lease
3,160
104
■
additional
properties
under
'$387,851
common
Reed Roller Bit
per
:
r
miner extent
$546,624
1,859
Jan.
of
stock
be
—V.
.
COMPANY—Company was organized in New Mexico May 9, 1917.
Company is engaged principally in the generation,
purchase, distribu¬
tion and -sale of-electricity and the
purchase, distribution and sale of
natural gas, and in
rendering water service. .It is also engaged to a
of
7,596
$8,753
2546.
p.
on
shares
2,000,000'
-
issu.es by
provisions of the mortgage'/
93,750 shares reserved for conversion;
and
to
certain
option
loan
353,129
$427,540
39,639
55
surplus-_
"Deficit—V.
shares
15,000 shs.
stock.
526,584
$591,278
44,654
transferred
Common
'•+1,000,000 shs.'
bonds.,rt.Including
5,358
6,251
Ramie Products Corp.,
.
-
other- restrictive
and
inc/
earned
Earnings-
to
987 691
$23,770
net" inc.
SalfeSprofit
Net
30,000 slis.
as
$74,411
,
$16,349
$23)715
from
2,000,000
$3,000,000
authorization, but .limited
$64,694
:
Remington Rand, Inc.—Earnings—
due
par)____^______
'•
37,225 "
$30,021
(charges)
1,000,000
'
bank
($100
j.$6,732,000
.
$10,991
$1,082 102
"
Outstanding
.
-
j
1951_„J___^
"$7,204
$1,1.97,295
1,132 601
,
income
Deducts,
FINANCING
Ij
5y4% cum. pfd. stock—
Common stock ($7 par
-v
PRESENT
*
1948—11 MoS —194'?
$105,186
94,195
103,420 '
revenues-^,
.
owned subsidiaries.
shares
the
is
rate
of
than
of
Wasatch
of
used
loan
greater
more
company's wholly
be
"B"
April
due
Cum, pfd.-stock
loan
$600,000
2-%
a
agreement,
filed
TO
Authorized
series
series due
3%%
reports
.time,
$101,216
expenses,.,-
$111,669"
America-—Earnings—
1948—Month—1947
revenues-.-
oper.
$232,850
'
of
EFFECT
2% %
Notes
under
according
With the SEC.
at the
company's reserves andadditional securities of such
or from bank loans.
;/
sale
GIVING
33/ar/c
Phillips Petroleum Co.—Borrows from Bank—
*
the
First mortgage bonds:
-
$21,448
——
a,pprox-'
the
and
$12,386
168, p.. 2546.
EARNINGS
program
maturing on April 1, 1951;
On..
Dec.
15, 1948, the company sold to an
insurance company fen addi¬
tional $2,000,000 first
mortgage bonds, .$1,000,000. of ..the proceeds -of
which will be applied to the
prepayment of a portion of such bank
Lans.
The balance of such proceeds of sale of the
bonds, together
with the proceeds realized from the
sale of the preferred stock now,
being offered and; other general funds of the
company- are expected)
to be-sufficient to
complete the company's construction
program
ior;
the year
1949.^- Funds for additional construction .for. years, subsequent
to
1949
will be financed in part from
earnings,
1.90,996
surplust-
Extraord. inc.
•
this.; program .were
obtained from
have been refunded out of the proceeds
Which
231,849
.
'
Vo
construction
approximately $2,877,000
for
first
69,496
132,343
general, funds•
$3,400,000 in 1948 and is esiinaated to
require approximately'.
$3,100,600 of expenditures during 1949.
During 1947, $2,000,000 of the
funds
$302,665
Net ordinary income.
Extraordinary inc. (Cr)
used-to provide
program.
PROGRAM-^Compfuiy's'
expenditure
$464,699
Gross
ating
proceeds
oper.
to
-
York.
the-company and, together witl) other funds, will
for
$90,944
14,400
Z
inc.
ordinary inq.Z./;;
Deducts, from ferd. inc.
-
CONSTRUCTION
$26,786
12,219.-
commuirication
.
acefqedr-
The .preferred, stock* will be
convertible, oh the basis of par value,
any. time prior to -Jan. 1, 1959 (unless Galled for
previous .redemP-tion. in which event the conversion right will expire on
the 10th day.
prior tp„ the date fixed, for redemption),, at-the
option of -tae. holders,;
into common stock' ($7 par ) or the
company at the conversion priceof $16; per .share.,'.
■
,■
:
"
■: ■
"*
'•
1
net
176,025
151,715
3! 7,094
16,648
'
transferred
Total: oper,
■
PURPOSE—The
132,039
$37,914
j
at
of
237,810
$440,389
52,183
Radiomarine Corp. of
,
New
18,717
*$103,585
214,157
Period End'. Nov/ 30—
„
With
ously
inc."
Total
15;.
company.
preferred-stdck shall, in prefer fence to* any stock
ranking junior
be entitled to dividends at the rate of 5
% 'a
per1 annum,
p&yubie quarterly in Jan., April, July' and Oct. 1.
Company shall .have
the right at any. time or from time to time to
redeem all or any part.
Qf. -thp preferred
stock ..upon not less. than- 30
days' prior written
notice by paying $103 per share if
redeemed prjar to .Jan. 1, 1954.
$102
per
share" if redeemed oh or .subsequent to Jan.
1,
1)54 butprior to Jan. 1, 1S59, and $101 per share if redeemed
oil or sub.e—
Co.,
30,927
Ordinary- income—non-
The
Trust
$170,003
(Cri
net
earned
Net
thereto,
quont
$678,199
?$13,178
^
r
from
■'Deficit.—V.
.
,
par
*$87,848
inc.
income
income
Net
par)
convertible prior to
■
Bonds
331,634
$17,749
•
*$211,631
$7,936,103
,2,010,779
$8,114,972
-
1948
Co.
bottle
will
in .its
Distribution
and
Foods
Bottling
.588,277
;■
2,008,181
imately
announced
Division,
the
for
•
96,517
(charges)
l Net
—
required
by
this company of the Los Angeles County (Calif.)'
Bireley's bottled
beverages; effective this: month,, has,
by Darren Ingalls, General Manager of the Bireley's:
Acquisition
franchise
been
ord.
ordinary
inc.
.
Acquires
—
Bireley's Franchise—
V
477,819
Public Service Co. of New Mexico
Preferred Stock.
Offeredrr-Allen & Co., New York, on Jan. 18
offered'15,C00 shares 5%% cumulative
preferred stock ($100
funds
Pepsi-Cola
from
inc.-_
Extraordinary
f>
(par $100), at
Dealers discount, $1.75.—V. 168,
Net
-
$8,123,154
;
deductions
income
dividends
interest.
issues
which
of
is
Pennsylvania
578,540.
$531,682
$7,350,826
$2,000^0.00 first mortgage bonds, 3%-% series due 1977.
$40,036,000 which will mature ,on March 1, next.
It is understood that the Long Island, the capital stock- of which
is
owned
by
the Pennsylvania,
has made every
possible effort, a)
refinance .these maturing obligations, but so .far has met with nov
success.
$3,490,303
169, p. 208.
Sale
13
that, if the Long Island RR.
refunding operations, it will buy from hold.rv
out
carry
income-
-
1948, sold at
announced' Jan.
company
unable
$8,694,338
454,966
other
Net
■,
-
The
,
is
ordinary
Deducts,
to
■
Up Long Island RR. Bonds—
Gross
MOS.—1947"'
Deducts,
each
$531,000
'3V
■
income
*$66,170
Br21,678
„„—•
Extraord.- inc.
were.;
Halsey,
-
1948—12
*$143,695"
Dr67,-936
'
6,406
income—non¬
'
$33,481,292; $28,178,417 $36,399,315 $30,666,714"
19,874,534
15,997,345
21,507,106
17,453,833
2,973,571
2,786,685
3,223,966
3,031,035:
2,965,000
2.700,000
3,175,000
: 2,831,000 "•
$7,668,187
Other
interest,
net
a
INCOME .ACCOUNT
1948—11 Mos.—1947
Oper. exp. & gen'l taxes
P'rov. for depreciation^-'.
Commission.
awarded
Ordinary
-
$11,343 V ;
,
-
communication
Federal income taxes..;.
: Pennsylvania EE.—Equipment Trusts Offered—Offer¬
ing of a new issue of $7,965,000 %}k%. equipment trust,Series V (final instalment) was made Jan. 19 by a bank¬
ing group headed by Salomon- Bros. & TJutzler and in-,
eluding Drexel & Co.; Union Securities Corp.; White;
21.
COMPARATIVE
increase
to
7-721.
leceived
be
reflected
ucts,"
senting
said,
are
represent
now
the
smallest
being made which
in
will
in increased plant
efficiency and even better Reo prod¬
said,
"Installation of additional modern
machinery
repre¬
major investments, is now
going on."—V. 168 p 2690
he
10
Sales
•
1
___
profit
Operating
Federal
Net
^
i'efund__i_„J—_J—M
tax
Income
taxes
profit
Earnings
:
4—a
shares
Capital
_
—___
per
outstanding
share.
169,
°Loss.—V.
__
•$943,852
986,406
Nil
Inc.—Registers With SEC—
directly
A
of
v
admin;
'
•
*.
•
1946
96,036
240,891
its
at
Bristol
constructed
not
engaged
$4,493,666
the
Gross
Other
165,530
19,652
$3,473,679
$4,685,171
(net)
income
plant.
order
In
in. the
forming
Dividends
meet the
to
Plexiglas.
of
Plexiglas and associated
of
•Fed.
the
for
1,212,000
pear
1,660,000
Earnings
common
per
share—
$2,824,773
500,000
Life
—V.
to
to
of
800,000
8,942,439
1,428,954
8,816,013
10,546,670
number
8,470,794
1,220,023
8,425,611
889,787
2,232,978
2,156,832
713,034
1,860,608
$23,411,915 $24,122,271
$23,712,045
receivable
mdse. at lower of cost
Inventory of
or
market
tLand, buildings,
and equipment
8,591,421
bank
31,
the
the
of
the
types
of
LIABILITIES—
Accounts payable, trade
Accrued salaries and commissions.
Div. on com. stock payable in Jan.
Peabody &
&
Due
taxes
1st
7%
'
$100
"•}%
to
__;
—
-
3,000,000
1,770,500
2,093,233
'Rofim
& Haas
the
when
197,697
common
•
awarded.
i
were
The
Phialdelphia in 1909.
in
shares were awarded on a
preferred on a bid of $98.59 per
also received at the sale.
Bidding for
common
the
were
also
t
bid of $38.5431 per share
share. Several other bids
each stock offering alone,
Lehman Brothers and Glore, Forgan & Co. tendered
prices of $88 a share for .the, preferred and. $37.05 a share for the
common.
;vV''
'' —
*'•••
Kidder, Peabody & Co. and Drexel & Co., bidding for the preferred
stock alone, tendered a price of $94.17 a share.
Stroud & Co., Inc.,
In submitting a lone bid for the preferred stock, bid $94,539 a share,
v" Basket
bids were also entered at the sale.
These offers, which
were less satisfactory
than the single proposals of the A. G. Becker
& Co. group and the Kidder, Peabody & Co. group included:
Kuhn, Loeb & Co., $94 for the preferred and $37.05 for the common;
A. G. Becker & Co.,
$100.09 for the preferred and $37.63 for the
Kuhn, Loeb & Co.,
m
*
still
General
Attorney
holds
5,410
shares
of the
company's
preferred stock and 67,627 shares of common stock. Rohm & Haas
has agreed
that if this additional stock is not publicly offered for
Bale within about six months, the extra shares will be deregistered.
>
AND
COMPANY
BUSINESS—Company
incorporated
in
Delaware
to take over the business established in Philadelphia
Haas and Dr. Otto Rohm for the production of an
enzyme
bate psed in the preparation, of hides in tanning leather.'
During the first World War, the company commenced the manu¬
facture of chemicals used in the textile industry.
Subsequently, the
company
widened the range of its products by developing other
chemicals,
including
organic
insecticides,
fungicides and acrylic
.April
4n
1917,
23,
1909
Otto
by
the
1920
stock
of
operated
as
acquired
the
assets
and Lennig
acquired approximately 98% of the capital
Lennig & Co., Inc., which ,was ^engaged in the'
line of heavy chemicals.
Thereafter Lennig was
company
Charles
of
Manufacture
the
Harden—
&
Co
Co
Schmidt,
Walter
3,500
&
of
Parrish
4,100
Suplee, Yeatman & Co., Inc.
Thayer, Baker & Co
Brown
Co.,
Parker
&
Red-
2,500
Co.—
2,500
2,500
Cooley
Deetjen
&
of
names
several
agreed
to
Morris
&
&
Co
Co._>
PREFERRED
purchasers
be
Becker
&
Co.
Securities
Inc.—2,018.80
Corp.—2,016
Ladenburg, Thalmanp
Allen
&
&
165
Blair
&
Blair
Richard
Clarke
W.
Cruttenden
Francis
&
I.
duPont
First
Co
Co. Inc.
Evans &
165
William
165
Starkweather
&
165
Stein
Bros.
Boyce
Brothers & Co
Illinois
The
(Inc.)—
Co
&
167,
Co
'2547.'
p.
Stern
Straus
400
&
R.
Co._
Staats
&
Common,
245
'
17
Jan.
in
notice
a
for
certificates
a
integral part of the company. In 1945 the company
remaining stock of Lennig, and as of Dec. 31
1947,
an
and
was
business
of
dissolved.
the
company'
1926, Otto Haas and certain
associates
Lennig
In
were
transferred
to
Bank
National
Chase
holders
to
"New
of
York
the
of
"New
received
have
"We
Commission
an
to
opinion
the
shares"
York
of
effect
the
our
agent in Amsterdam, Holland,
"We
issue
the
definitive
certificates- for
the
—V.
certificates
for
ordinary
shares
which bear
any
"This
notice
of
such
merely to give you the foregoing information con¬
cerning our inability to accept for deposit certificates representing the
additional issue of ordinary shares or provisional receipts, and our
ability to continue to accept for deposit certificates representing the
ordinary shares.
The limitations on accepting shares offered in
old
shares'
missible
—V.
limits
and
we
to
carry
167, p. 2582.
assure
you
that
your
we
retention of your 'New
will
endeavor
out the terms of the agreement
'
as
within
per¬
heretofore,"
.
,
>i;i.
Share—
Imperial Oil, Ltd., above.—V. 167, p. 551^
leave
will
considerable
a
amount
of
meeting what is required for the purposes
have
immediate
no
plans
for
the
un¬
of the
issue
ox
this
but consider it advisable that it should be available
p.
A. Pfaff,
President of American Wheelabrator
Michawuka, Ind., has recently been elected to
"
168.
;*
,
-
p.
2691.
,
& Equipment
the board of
;
•
2438.
Co., Inc., New York, are offering 299,000
stock (par $10£) at $1 per share. These
offered as a speculation.
common
are
York.
STOCK
counts
■"
PURCHASE
WARRANTS—In
'■■••.,•...•
addition
and commissions, company has agreed
to
underwriting
to sell Willis
dis¬
E. Burnside
underwriter, for one cent, one stock purchase warrant of
every
17 shares of common stock sold by or through the offices of
underwriter over and above 50,000 shares, but in no event shall such
&
Co.,
stock
Inc.,
purchase warrants exceed
15,000.
Each
stock
purchase
warrant
entitle the registered owner thereof to purchase, during a threeperiod commencing 13 months from the date of this public offer¬
ing, one share of common stock of the corporation at the purchase price
shall
year
s
per share.
HISTORY AND BUSINESS—Incorporated in New York July 27
company
/
capital
requirements which may arise.—V. 168,
proposes
conditioned trailers
See
the
which
Registrar and transfer agent, Schroder Trust Co., 46 William Street,
of $1
Royalite Oil Co., Ltd.—Stockholders Offered $23.25 per
of
after
directors
securities
.
is
November, 1947, for deposit do not afiect
increase
The
shares of
New
'
stock
make
E. Burnside &
additional
ordinary shares, which will be delivered in due course for
exchange for the provisional receipts for the share of the 1947 .issue,
now
outstanding, will be numbered from 604349 I to 906523, inclusive.
numbers will not be acceptable for deposit under the agreement.
Shell
existing
of
available.
Arrangements have
Anglo-Saxon and Shell to secure
to
Silver Diner Corp., New York—Stock Offered—Willis
of
Accordingly,
shareholders of
Mr.
Pfaff also holds directorates in The Electromode Corp., Roch¬
ester, N. Y., and the St. Joseph Bank & Trust Co. of South Benc't, Ind.
'
that
It is expected that sufficient
transfer
agreed
directors.
shares offered in November, 1947.
We can, however,
accept for deposit certificates representing the old ordinary
advised
is to
the
Signode Steel Strapping Co.-—New Director—
of counsel for the SEC,
Bank as depositary,
-'iy
are
the
to
has
capital
Otto
the
continue to
The offer
Ltd..
V.
one
require the issue of about 5,250,000 Shell
estimated,
is
Co.
Corp.,
accept for deposit under the provisions of the agreement any of
above-mentioned ordinary
shares or provisional receipts which
represent
it
for any, future
our
nor
for
accept
additional capital,
under
"As the result of the above-mentioned opinion
capitalization of the
million new ordinary
shares in
C.
O.
shares
will
addition
The
wou.ld be unlawful for us to issue 'New York shares' against' the
deposit of ordinary shares or (provisional receipts
therefor which
additional issue of ordinary shares of Royal Dutch Co.
offered to .its shareholders in November, 1947.
neither
O.
offer.
represent the
will
10
offer and so enable the Royal Dutch/Shell
its existing holdings the whole of the capital of
C., thus making V. O. C. a 100% Group company.
To do this
issued
for the Securities and
the Securities Act it
counsel
the
of
1947."
cf interim
shares, out¬
ar.d
1918, said:
10,
that
;
depository, on
representing ordinary
shares"
standing under agreement'dated Sept.
Exchange
York,
City of New
creation
the
to obtain with
Dutch
Royal Dutch Co.—Limitation on Stock Deposits—
The
by
shares
Royal
been
made
between Royal Dutch,
that,
although only Shell shares are to be issued, the utlimate burden of
the acquisition of V. O. <?.
shares will be divided equitably between
Shell and Royal Dutch having regard to their relative interests in the
Group, that is, 40%. Shell and 60% Royal Dutch.
;
'
"So
far
as
can
be foreseen, the directors expect that it will be
possible to maintain the same rate of dividend on the ordinary shares
and
stock of the company,
including any new stock which may be
issued pursuant to the offer, as has been paid for the years 1946 and
in
245
•
Ltd.—Stock Increased
increased
18
Venezuelan Oil Concessions,
in The
the V.
C.
O.
will,
165
.
Watling; Lerchen & Co
.
V.
&
Dann
Co.
may
stock,
each.
£ 1
Shell
two
Group
80
245
400
Blosser
&
V;
245
Co
Co.——__
million
£63
to
Jan.
on
the,.capital of V. O. C.
165
& Scribner—
Deane
Vietor,
245
Co
Johnston, Lemon &
—V.
165
330
500
Corp.—_
Hall & Co.
M.
to issue additional preferred
necessitate the sale of additional
this year.—V. 169, p. 209.
plans
present
no
exchange for Shell shares at the rate
O. C. share.
It is being made to all
shareholders of V. O. C. except The Anglo-Saxon Petroleum Co., Ltd.
itself and one of its subsidiaries, which already hold about 73%
of
acquire
of
80
Singer,
has
it
that
shareholders
390
I.
495
Cleveland Corp.
Hutton
E.
Simon
400
on
Gotiber,'Chairman on Dec. 31, said in part:
capital is required for the purpose of an offer which has
made by The Anglo-Saxon Petroleum Co., Ltd., one of the main
holding and operating companies of the Royal Dutch/Shell Group, to
245
245
Co
Corp.—
&
Michigan
of
Harris,
W.
Prescott, Hawley, Shepard &
Co., Inc.
.
Reinholdt & Gardner
&
vote
"New
245
Riter
will
Fi
165
Co
80
165
(Inc.)—
Co.
27
Jan.
on
been
390
Co
Cook &
Piper, Jaffray & Hodwood—
80
165
Farwell, Chapman & Co
The First
Milwaukee
meeting
to
capital requirements
including preferred
of
shares
330
Co.—-i-J—Jx
&
Newhard,
80
&
Securities
Clement A.
McDonald
The
Co
Equitable
;
annual
or
stockholders
company
330
80
165
Corp.—
Co
& *Co._
Cunningham
&
'
Co.—May Sell Additional Securities
the
at
Shell Transport & Trading Co.,
165
330
Co
Collins
Dixon
245
Co
&
and
the
production on
full
reach
the
The
I65
Laird, Bissell & MeedsriU-*.
Mason-Hagan, Inc-:__LiaU::*-
*
165
Inc
Co.,
William
Boettcher
Julien
475
Co
&
Co
Co.__j_i.;_
&
replace their present equipment
will
the
Co., Inc.——
Kidder
M.
A.
able to
Scott
164, p. 3420.
sale
and
statement
are
Jones
D.
Kalman .&
Co. 2,016
Co.—
Barth
J.
Edward
player.
in
:
all preferred shares then outstanding and on any shares
having preference or priority over or ranking on a parity
preferred stock.
The proposed amendment will permit the
company
to issue more authorized and unissued preferred
shares
than
tlie existing formula allows.
The company noted in a proxy
with
securities,
stock and
respectively
"
certificate of incorporation to permit the conversion
convertible
preferred
stock 011 or before
the
date
fixed
by
the
directorsto allow the inclusion of
of
although
them
by
sets will be
record
hole
diameter
brass collar which slips
a
;
stock
of
STOCK
preferred
of
purchased
by
of
price
1,500
1,500
1,000
Co
Dulles
&
record
of preferred stock in computing net worth of the
permit expenditures for the purchase, acquisition,
other retirement of preferred stock while shares of
preferred stock are outstanding.
Presently the company's charter
provides that before the issuance of additional preferred shares the
net worth shall be in excess of
150% of the involuntary liquidating
2,400
Co
The new machine is
inch
the
company,
2,400
Co
Co.J
&
RCA Victor
new
one-half
outstanding
redemption
follows:
G.
the
shares
of
OF
&
Poole
&
Elkins,
Wurts,
Granbery, Marache & Co._
Co
&
Stokes
and
one
spindle.
month.—V.
conversion
2,400
Calif
the
for
.stockholders
proceeds
2.400
2,400
Yarnall
Co
C.
4,100
4,100
Co.
con¬
is
the
new
one
the
of
2,400
Weeks
Northwest
York
plastics.
In
Irving Lundborg & Co
Co
shares.
common.
The
5,000
&
&
for
one
records
made
is
of
amending
2,400
2,400
2,400
2,400
Union
award the Attorney General held 265,324 common
preferred shares vested by the Alien Property Custodian
in 1942 under the Trading with the Enemy Act.
All stock theretofore
rhad been closely held by family interests, since the founding of the
fend
&
A.
21,226
^business
Anderson—
Skaggs
Ellis &
Richards
arms,
apd the other for the two speeds in use for longsingle arm can handle the two slow speeds because
of Scott
the
in
The
2,400
Kay,
pickup
two
instrument, features
A
Seaboard Finance
2,400
2,400
Co
&
capable of handling all new speeds as well
speed was demonstrated by this corpora¬
This Year—
2.400
the
to
Prior
and
Dain
15,601
conventional
normal
Owners
with
2,400
Co
Co
Green,
The
the group
shares
M.
carried 24% more passengers to and
during 1948 than in 1947, it was' an¬
Gyllensward, General Traffic Manager.
passengers
compared to 12,555 in
1947.
both
on
the
unit
2,400
2,400
Davis,
number
competitive sale Jan. 17 by the Attorney General of
States through the Office of Alien Property.
On Jan. 20 A. G. Becker & Co., Inc., Union Securities
Corp. and Ladenburg, Thalman & Co. jointly headed an
investment banking group which offered publicly 15,815
shares of 4% cumulative preferred stock, series A, ($100
par), of the company. The stock was priced at par plus
accumulated dividends.
The shares were awarded to the group at competitive sale Jan. 17
by the Attorney General of the United States through the Office
Property,
C.
J.
been
18.
pressure
center
over
2,500
5,000
as
Peabody
the
are
Co
&
&
&
has
System
widely in Scott's radio-phonograph combination.
gear driven and governor controlied.
the
Securities Corp.—
Collings & Co., Inc._
C.
PURCHASERS
.a
Alien
and
stock
Buckley
5,800
Inc
Clark
W.
Boenning
6,500
Inc.
the United
of
Inc
path
& Co. jointly headed an investment
banking group which offered publicly Jan. 19, 197,697
shares ($20 par) common stock of this company at a price
of $41.25 per share. The shares, representing about 25%
rat
loan
respectively
them
Walker
H.
Promoted
1946,
operations since
Laboratories, Inc.—New Record Player—
records
Provision
common
by
of
Conventional
(b)
apply
the
5,800
Auchincloss
and
outstanding, were awarded to
under
E.
'
Co
Harold
& Co. and Drexel
of the common
of
of
types are the same size and shape, and the same
required.
are played
at 78 revolutions per minute. The
first
long-playing record, recently introduced by Columbia Records,
plays at a speed of 33 V3 r.p.m.
RCA Victor the week before last an¬
nounced their new record which is to play at a speed of 45 r.p.m.
Mer¬
cury Records has also told of plans for a new 33Vh r.p.m. record.
Scott's
development to end
the problem is an adaptation of the
Thorens
automatic' record
changer, made in Switzerland and
used
grooves
excess
Baker, Watts & Co
Biddle, Whelen & Co
15,000
Pacific
in 1948, 244,168, p. 1588.
Co.—Stocks Offered—Kidder,
G.
Co.,
Pacific
'
35,626
$315,466
Europe
phonograph
precision
needle
over
not
5,800
Emanuel,
$23,411,915 $24,122,271 $23,712,045
SRepresented by 239,952Vt shares
shares in 1947 and 245,717Va shares in 1946—V.
442»/4
&
Nolan
Baker,
3,964,629
6,059,812
3,931,322
7,263,601
contingencies.
"other
does
Putnam
122,074
145,957
35,626
$300,698
Harold
by
flew
Jan.
on
The
one
W. Pressprich & Co.„_
W. H. Newbold's Son & Co.
2,500,000
1,773,100
2,098,233
107,023
118,320
Co.,
$150,000
of
reserve
company
restriction
purchased
and
14
playing records.
the
any
the
(2)
or
the
of
permitted
purchasers
be
R.
for discounts and doubtful accounts.
tAfter reserve for depreciation of $2,003,110 in 1948, $1,902,836 in 1947
and .$1,822,616 in 1946.
fOn account of unusual market conditions
«After
$1,500,000
This
first
ventional
or
from
at
20,000
Folger,
2.724,329
350,000
109,814
3,790,713
8,533,126
surplus
Total
(1)
agreement,
year
one
outstanding
29,098
&
Beane
&
35,627
114.
p.
records
as
tion
credit
the
loans
surplus
Co.—29,099.13
Ripley
Estabrook
134,127
1,755,700
2,037,733
share) —-—stock (par $100)—
stock without par value.
pfd.
^Common
Earned
1
1,930,778
244,442
1,900,804
112,604
118,038
17,661
per
2nd
and
Lynch, Pierce, Fen-
Stroud
$1,770,855
2,093,242
$1,515,617
3,000,000
companies
appropriated for conting.
preferred stock (par value
subsidiary
to
ISurplus
under
such
Airlines
York
Jan.
Scott Radio
things,
indebtedness
several
Co
Harriman
71,625
of officers & others
and other liabilities
Deposit accts.
Accrued
alter. & repairs—
bldg.
for
Reserve
taxes
income
Estimated
$738,397
1,762,370
239,952
1,346,600
224,914
$351,092
Vice-President.-
169.
follows:
&
102,388
$336,324
$345,640
stock
com.
Executive
New
The
1948,
1,
for
Vice-President
company
Outstanding
each.
Note is issued
with Penn Mutual
limits other bor¬
$400,000
greater of
agreed
Drexel
ner
6,326
$576,006
100,024
Rcdpath,
The
61,539.19 shs.
July
outstanding.
secured
the
shares
Kidder,
-
,
H.
nounced
$6,000,000
maturing within
of
capital
note
of
of
names
Merrill
$438,712
$569,680
/
,
Shows 24% Passenger Increase for 1948—
769,229.05 shs.
other'
loans
and
1951
Inc.
Total
$481,290
deductions..
available
Scandinavian
from
PURCHASERS OF COMMON STOCK
as
advances
and
Investments
certain
The
9,301
preferred stock.
on
appointed
agreement.
to
$429,411
4,362
1948
1,000,000 shs.
of
dated
among
aggregate
exceed
of
(at cost and
accounts
•Customers'
Dec.
The
33Vh%
balance
1946
$2,000,312
-
Govt, securities
accrued interest)
S.
which,
unsecured
not
may
(a)
the
$476,928
2
168, p. 2691.
Peter
150,000 shs.
______
instalments
agreement
Co.,
after
thereof.
SHEET, NOV. 30
1948
1947
$1,745,681 $2,405,074
ASSETS—
Cash
loan
a
incurred
tune
78,268
103,907
Scandinavian Airlines System, Inc.—Official
products.
65,000 shs.
$20)
annual
Insurance
date
179,900
111,446
—__—-
Balance
February; 1946,
In
$6,000,000
—
(par
in
rowings
—.—■
735,389
$9.98
$8.31
t
pursuant
124,117
146,876
617,743
$10.39
124,117
146,876
123,541
144,741
723,872
COMPARATIVE BALANCE
Li
U.
•Payable
2,450,000
$2,710,171
Appropriation lor contingencies.—
Divs. on first preferred stock
Divs. on second preferred stock—
Dividends on common stock
stock
362,691
$2,261,679
taxes (est.)
state income
&
Profit
$100)
Common
$5,637,464
315,000
and repairs—
alter,
for bldg.
Prov.
472,069
demand
war
Authorized
t
promissory note dated July 1,
due July 1, 1963
Preferred stock (par $100)
'4% cumulative pfd. stock
series A
(par
profit
Total
$1,223,924
$381,266
a
1948,
20,740
35,602
166,320
25,185
sub.. companies
from
received
Divs.
1946
:
120,325
income
before
1947
669,529
197,142
Deductions
*3%
profit
Operating
stock.
the
of
$1,354,222
533,466
$1,463,924
___
profit
Balance
Government.'
CAPITALIZATION AS OF SEPT. 30,
$5,581,122
•.
'
deposit
the
1948
30—
depreciation
Non-operating
purchased thq knoxville plant from, the government for
$1,100,000
and has continued
to utilize
its facilities
production
88,634
218,848
$3,288,497
taxes
125,761
261,065
for
Nov.
income
on
for
—V.
mach'y
income
than
of
the' company
52,774,690
51,654,763
taxes
Provision
of the company is Plexiglas, a clear plastic sheet
produced in large quantities during the war for the
military
aircraft.
Plexiglas was
first manufactured by
company
has
Ended
60%
United States
the
to
solicit
Will
allocations and the company
of such production went
or
of
excess
who
product
approximately
52,498,788
priorities
in
Months
Federal
are
1
»
registration statement with the SEC
a
Operating revenues
Operating exp. and general taxes-
first
company
war
$58,663,294
$56,174,111 $56,485,356
exps.
other
30
1947
1948
returns & allow.
sell., gen., and
Depreciation
of buildings,
and
equipment
Taxes,
YEARS ENDED NOV.
■:
which
Export sales,
nine-voting ' trustees
12
The
users.
Knoxville, Tenn., from the government for the production of Plexiglas.
In May, 1945,
when the war demand for Plexiglas began to decline,
the company sold the South Gate plant and,
since the end of the
sold,
mdse.
of
::
discts.,
less
Sales,
Cost
"
-
,
FOR
ACCOUNT
INCOME
v
to
plant in South Gate, Calif., in 1941 for
forming flat sheets of Plexiglas into various products such as bomber
noses,
turrets
and
aircraft canopies, and
also leased
a
plant in
Dec.
name
sales
sanitary
and textile
customer purchases more
company.
,
under
somewhat
indirectly
or
was
the
approving an amendment to the company's charter, extending
16, 1974.
They will also consider a proposal to change the
the corporation to Rice-Stix, Inc.
on
to
sold
was
the
Feb. 8 will
meeting to be held on
the
of
'
■•
that
major
glazing
Co.—Plans Change in Name—
annual
the
at
stockholders
<
estimates
4 will consider the adoption of the stock
the common stock of the corporation.—V. 169,
Rice-Stix Dry Goods
sales
total
direct
are
single
No
17 filed
Jan.
on
San Jose Water Works—Earnings—
agricultural,"
principally
of
made to jobbers.
the
of
production
Stock Purchase Plan—
which
The
sales
Of
During World War II the business of the company greatly increased
in volume.
During the years 1943 to 1945, inclusive, most of the
209.
vote
3%
;f. countries.
stockholders on March
The
company's
the
of
sales,
are
company
voting trust certificates
representing
12,088
shares of capital
stock.
Macrery B. Wheeler, President of the company, heads a list
for
presently of minor importance, are made directly by the company and
also
through wholly-owned subsidiaries in England, Argentina and
Canada,
and
through
independent
sales
representatives in
other
on
investment.
80%
Over
remaining
chemicals,
Jan. 14 filed a registration statement with the
($1 par) common shares. Proceeds will be used
Underwriter, Republic Research Corp.—V. 165, p. 816.
company
purchase plan covering
it
$2,274,870
1,003,405
$2.27
than
Reynolds Metals Co.—Plans
p.
3,767,209
covering 590,000
SEC
lor
•-J.711.061
.
397',000
1,051,000
113.
p.
Republic Investors, Fund,
The
.___
>_
2,928,870
The
coatings.
other
La.—Registration
St. Charles Hotel Co., New Orleans,
Resinous Products & • Chemical Co., for the purpose
synthetic resins for use in paints, varnishes and
Resinous was operated as a close affiliate of the
company,, having some of the same executives,
as well as common
purchasing, accounting, personnel, legal, and other departments.
On
Sept. 14, 1948, Resinous was merged into the company, and its sales
are
now
being conducted by the Resinous Products Division of the
company.
V. ;
manufacturing
of
1948
1947
$39,371,559 $20,481,452
Sept. 30—
Ended
Months
Monday, January 24, 1949
CHRONICLE
FINANCIAL
&
The
organized
Republic Aviation Corp.—Earnings—
Nine
COMMERCIAL
THE
(382)
to acquire
outfitted
a
as
fleet
of
"Silver
polished
aluminum
fully
1948,
air-
Diners," units of which will be
Volume 169
Number 4771
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(383)
stationed at appropriate and productive sites in an area on. the Eastern
Seaboard of the United States. ..It is currently projected that the sites
of
the
■of
50
be
first group
miles
of
permits
ness
added.
of 10 "Silver Diners" will
York City.
New
it
is
As
rapidly
presently planned
be
additional
'V
•
„
'
''
«.
10
•
./■
■
including deep-freeze units
and' -be
Each
for
equipped
"Silver
eight
additional
ceived,
counters
-An
customers.'-From
it
working
cost
inside
should
estimates
and
With
curb
problem
General
3,597,369
2,791,793
2,603,650
plant
Fed.
Income
Fed.
excess
36,400
TO
OFFICERS—The
granted options
public
and
Silver
Diner
options
in
the
••
Walter
the
shares
them
net
tax
offering to the
per share which
in
or
the
offering.
T
in
part
the
following
said
at
and
'
*.y \i-
■
}
of
y.;.'
shs,
of
600,-
on
com.
of
Smith,
V.
outstanding
if
the
299,000
shares
being
shares
Robert
W.
Baker,
now
Weeks
Uncollectible
Co.—Earnings-
Operating revenues
Operating expenses
Operating taxes :
Net
operating
$
195,408,782
C.
Baird
&
&
65,200
708,230
513,253
156,313,898
19,009,543
15,590,587
194,700,552
13,231,551
156,713,501
2,253,833
1,393,592
965,444
after charges-—-—
Net
1,948,201
1,579,177
575,005
169, p.
17,139,739
12,570,229
M.
Lee
totaled
of
3,078.000
this
kwh.,
week
for
company
as
last
year,
the
week
ended
W.
now
offered,
and
will
no
Company
will
company
to
cease
the
of
15,
1949,
Dodge
be
of
subsidiary
a
extension
part
of
the
proceeds from
the sale
the common stock of the
by
irom
income
and
Glore,
earned
losses
and
retirement
dividends
paid
were
in
changing
stock.
•
!
respectively.
•Commencing
■
the
,
It
to
Co
&
20,000
Share
—V.
Ripley
&
Co,
Co
Stix
Operating
(Inc.)
5,000
Operating
First mortgage bonds:
3.35'^
series
3 V2 %
3%
Pfd.
series of
stock
4 8%
*Not
(par
stock
(no
limited.
dates,
amounts
accrued
plus
directors
Jbthorized
■
1,1961
Union
"
1
accrued
10,
/AND
1912,
munities,
sale
tributing
to
and
prices
reorganized
agencies,
to
Jan.
areas
the
at
4,
In
12,500
Dean
■'/
•
Co
In
(to
gas
emergencies,
be
plant)
environs
and
steam
and
for
sale
business,
heating
of
water
the
Company
is
on
in
of
a
and
purposes
oil
of
excess
rights
lnd.,
that
the
■
that
increase
INCOME
this
company,
allowed
would
period
a
rev.
91,897
15,687,170
1,946,353
502,129
170,917,368
137,699,369
18,859,727
Jah.
on
48,000
shares
14
($1
Underwriter,
filed
par)
for
Mann
letter
a
construction
of
of
notification
common
stock
Gould,
Salem,
&
ice
arena
and
to
be
other
with
offered
Mass.
corporate
Witter
uses.
S.
Mitchell, President, announces the appointment
Advertising Manager since 1942, as
Manager of
of
Robert W.
>/(
»
E.
Yarnall
•
Standard Oil Co.
The
national
for
Jan.
<fc
-
5,000
New
2>.O0O
A--Co—5,000 ■!
ing- to
Co.^Earnings-^
' 8,023
rev._
revenues -:_V
:
$4,139,725
•
3,066,925
'
420,607
$570,875
'
Co.
of
of
(no
of
common.-will
its
$25
shares
expire
Inter¬
of
of
at
value
par
value)
par
three
Standard
3
p.m.
on
New
Assistant
Coordinator
has
company,
been
of
Marketing
for
appointed Coordinator
has; befch named;
Deputy Coordinator
a
with Weir; R; Goodwin who has
occupied
serv<T
19f7:—V.
169,
114.
p.
of
a
foreign
Market-
meih^t o'f
foarktetsimil(irfV6siti(in
a
of
>
Wholesale
:
■/ See Mathieson Chemical Corp. above.—V.
169,
p.
209.
53,822
34,540,341
Sterling Drug/Inc. (&
Subs.)—Earnings-
2,546,202
period End. sept. 30—
1948—3 Mos.—1947
31,650,666
.4,441,580
-r
1948—9 Mos.- -1947
$
320,438
$399,719
474,467
this
September,
Sales
34,231,335
Profit
income
Trust
Lahiont,
Standard
-
$3,787,082 $44,778,253 $36,844,117
3,148,243
_—
84,201
shares
stock
ratio
Prosphate & Acid
Works, Inc.,
Baltimore, Md.—95% of Stock Accepts Offer—
,
1948—11 M05.—1947
4,070
International
J) John W. Connolfy
7,500
1948—Month—1947
the
ing. He Succeeds, Eipil^ E.
Soubry who recently wa?s elected
the board of
directors.
2,500
$4il47,748. $3,791,152 $44,862,454 $36,897,939
1,265,255
in
Marketing Coordinator—
T.
affiliates of
since
;
Ltd.
common
1949.
Guaranty
Peter
1,500
5,000
15,000
'
Co.,
Jersey)—Exchange Offer—
of
for
York, 140 Broadway, New
York,
N.
Y„
and
Montreal
Trust
Co.,
61
Yonge Street, Toronto,
Ont„
Canada, are acting as agent and
subagent, respectively, for the pur¬
pose of effecting the
exchange.
/.
3,500
Co._
exchange
shares"* of
31,
(New
this company
Petroleum
20,000
Co._l_■ *
by
stock »in
20
The
20,000
Co.
Co..._
Wood
offer
capital
Inc.——7,500
&
$5
will
the Employee
Department succeeding John
Post, who is leaving to become
Manager of the Industrial Relations
Department of Continental Oil Co
—V.
168, p. 2438.
'
'•
3,500
Corp.——
the
at
Proceeds
Relations
; >
&•
$5,796,332
324,426
$2,647,249
4,823,561
after charges—
Federal
1,822,581
98,448,523
5,457,472
18,117,438
2,300.000
2,227,017
7,100,000
7,009,213
3,482,865
3,230,455
11,017,438
10,313,693
shrs.. outstdg-
*3,778,242
3,764,248
*3,778,242
share.-
$0.89
$0.83
$2.83
foreign
17,322,906
in¬
taxes
come
32,001v100 103,138,131
5,782,865
and
-
gas
two
privately
Boonville,
in
the
on
shares
shares
City
the
and
name
and
sale
and
of
distribution
electric
basis.
as
and
Service
Co.
and
stock (par
as
and
common
organized
stock
with
(par $1).
27,
of
1948,
common
on
common
the
stock.
On
Aug.
of
per
during
1487.
'
■/'•"•
**
••
all-
initially
100
the
50,000
issued
share
shares
for
were
presently
reclassified
info
one,
offered
1,150,000
sold
are
was
Corp.
was
incorporated in Delaware Aug. 9,
By
amendment
its
charter
changed to Southern Oil Corp.
foreign
corporation
will
in
and
gas
the
drilling
in
nonproducing
leases,
of
the
It is
Mississippi.
the
dated
as
Sept.
wells
for
business of
itself
oil
in
28,
1948,
qualification
and
and
purchasing and acquiring
oil
and
gas,
for
and
others,
gas
is
properties,
also
as
engaged
oil
in
contractor.—
'
1590.
holders
to
31,
1949,
167,
169,
p.
209.
1949
—___
___
■
-a
j
'
"
15
declared
which
p.
is
value
par
record
Jan.
21,
common
stock
the
same
as
'
dividend
stock,
This
1949.
common
extra
an
payable
makes
168,
/•
-v ■
;
,
of
25
Jan.
total
of
for, the fiscal
year
1949
ending
paid
in
the
previous
$1.25
fiscal
Nine
in
Jah,
year.
1851.
Months
*'
(&
Ended Sept.
Subs.)—Earnings—
30—
1948
sales
Tax
?
$
before
and
other
and taxes
deductions
(net!
186,228.231
90,544,588
25,414,302
9,744,775
*8,875,454
1,376,975
1,146,212
358,256
330,758
credit—
$5.220,576$6,078,834
;
taxes
profit
Capital
Earnings
•Loss.
1
"• '
2,808,322
deprec., int.
carry-back
Net
1948
1946
'■/;>$
278,098,505
Depreciation
Interest
•
1947
■:>$
Profit
j
cents
31,
a
—
Southern Ry.—Estimated Gross
Earnings—
Gross earnings
of
$5
Studebaker Corp.
Income
Week Ended Jan. 7—
Jan.
on
the
on
$2.65
Southern
qualified to do business
Application- for
directors
share
dividends paid.on the
Net
interests
producing of
The
—V.
1948,
probably be made.
The company is
engaged
V. 168, p.
to
'
3,764,243
period.—-V.
Stix, Baer & Fuller—Extra Distribution—
;
issued
stock.
per
stock
of
bf
company
common
•
the
•
V.:1''
.
•
outstanding will be 2,500,000.
Oil
and
—V.
com.
•Average number of shares outstanding
p.
Co.
capital
1948,
11,
11,500 shares of
basis
If
authorized
an
gas-
The capacity of this inter¬
Common
at $1 per share.
Transfer
profit
Earns,
speculation.
a
registrar, Registrar
was
11,500 shares of
producing
;
Public
a
offered
lor cash at $1
per share
in other states
required
Evansville
/
with
approximately 20,000 kilowatts.
its
il
the
agent
Corporation
Gulf
of
of
Aug.
dis¬
sale
Evansville
pumping,
to
and
and,
in
in
production
incident
interconnection
mutual stand-by
gas
customers
Evansville;
and,
The
in
owned
being
company
sold
com¬
54
Tell
the distribution
manufactured
32,570
and
to
sale
Net
common,
-
171,419,497
731,591
17,035,137 206,390,900
13,950,560 167,007,589
1,669,368
21,654,765
19,977,201
__
1948—11 Mos—1947
$ - /'
$ '-
$
17,027,034 207,122,491
66,320
•
company
used
5,000
Co.
Woodard-felwood A
3,500
.
&
Co.,
Trask
to
amount
ACCOUNT
1948—Month—1947
.
.
shares
:
Indiana
and
and
The
of
V
Company is engaged
of
appliances;
an
ruled
Standard Brands, Inc.—New
Appointment—
.
2692,
is
Transfer
per
board
in
Stock
share
$115
the
as
organized
propane-air
environs;
Newbuvgh;
maintains
Indiana, Inc.,
connection
sale
by
approximately
Ncwburgh
has
subscribers.-
20,043,521
2548.
p.
for
Joel
K
_i__k
1,500,000 shares of
payment
per
cooperative, serving in the aggregate approxi¬
supplemented
to
$115
distribution
to
municipalities
by high B.T.U.
stand-by
estimated
telephone
oper,
share.
5,000
Securities
Harold
2,000
—
charges.——
p.
be
5,000
Corp.—Stock Offered—Petroleum
Equi¬
Corp., 595 Madison Avenue, New York, is
offering
ties
in
thereto, all within the state;
wholesale
and
natural
in
Evansville,
adjacent
stock
>•>
its
10,680 customers; the purchase and
rural
of
1.937.
mately
one
excess
was
Patoka
to
168,
for
was
revenues
168,
3,500
Boyce__
&
solely
paying
14,358,272
Southern Oil
685,000 shs.
preferred
dividend
not
and
energy
energy
of
determine.
customers
rural
as
electric
85,895 shs.
rates,
conversion
time
BUSINESS—Company
54,380
as well
of
issue
dividend
redemption
of' electric
approximately
such
the
liquidation not .in
on
time
and
the" generation
.;;
.
1,500,000 shs.
dividends
from
may
:
authorizes
having
payable
—V.
bv
1400.000 shs.
par):.
rank
1,000,000
surplus
114.
p.
Trans¬
Southern
11,765,804
5,000
Co
Corp.—
Wagensellcr & Durst, Iiic.
Watliiig, Lerchen' <te Co.—
U 7,500
Weeks
operating
after
against
of
13,143,450
2,500
Tucker, Anthony & Co.—_
15,000
5,000
expenses
800,000
1978—
1,
Net
r-Net
income
&
Telegraph Co., be
totaling $3,313,977 for
It
5,000
Co.
Webster
Spencer
Operating taxes
Outstanding
charged
net
from
10,000
;
Co
&
&
FINANCING
($6,700,000
$1001
dividends,
HISTORY
the
due Oct.
tCharter
equal
PRESENT
due Oct. 1, 1961
1948 due July
of
June
1937
cum.
aeries
plus
1936
pfd.-:————
Common
share
i!\
of
of
series
TO
in
received
1,181,485
per
3,500
Ine._.
1—
Staats
Securities
Stroud
3,500
5,000
revenues
:;• Operating.
~
System,
COMPARATIVE
Griggs,
Co.—
3,500
Co
Uncollectible oper.
to
included
controlled
Pacific
1,816,529
5,000
Co.,—
Co.,
Brothers
&
Stone .&
Co.
Period End,-Nov. 30—
i
■
«.
CAPITALIZATION, GIVING EFFECT
R.
Southern <N«w .England Telephone
.
companies
solViy
Sport Centers, Inc., Lynn,
Mass.—Files "With SEC—
&
Wagner
Bros.
1_„
&
209.
p.
of
Southern
:
15,000
McLeish—
&
Stern
20,000
_
-
&
William
Co.,
Corp.-
169,
Co.
&
&
of
representing dividends
169,
.
SEC
5,000
F. S. Smithers &
2,000
__1—
&
15%-
The
Co
Sills, Minton
33,226,177
bonds
on
income
17,728,546
5,000
3,500
Paul
Shuman, Agnew
&
Stein
<fc
to
1,415,209
■
1,000
7,500
10,000
Friedrichs
paid
continue
&
&
&
Bogan
42,595,785
843,669
interest
2,343,678
5,000
&
Co.—\
Shields
Smart
The? Illinois;
Company-^ji
Indianapolis Bond and %
'
is the present-intention of
the-board of directors
dividends quarterly on the common stock;
pay
3,244;430
.
Howard, Labouisse,
first'
"
.
inc.
—V.
3,500
Inc
Starkweather
Hornblowcr
,
quarter of 1946.-;
quarterly dividends of-50 cents per share have- been-paid on the
400,000
shares of'common
stock, including a dividend of 50 cents per, shgre
paid Sept;
27,-1948.
On
Nov.
18, 1948/ such 400,000 shares ■ were
changed by charter -Amendment into 600,000^shares and a
quarterly
dividend of 37 Vu cents
per share was paid on such 600,000 shares on
Dec. 27, 1948.
" " *
'
.
•>
with
Co.,
988)761
Dr91,000
operating income
Net after
charges..
1,000
&
781,183
5,000
Co
Rothschild
F.
20,000
&
1,548,880
representing
Net
3,500
2,500
J. J. 'B. Hilliard A Son—
■
made
Dividends
Humphrey
20,000
t
2,000
Co.—_
Hughes
2,500
Co._
4,357,165
71,017
lb-68,000
Operating revenues
Operating expenses
Operating taxes
3,500
Schwabacher
Sheridan
'
*424,691
71,017
s
&
Gardner
Co.—
the 400,000 shares of common stock
outstanding in 1944 and 1945
amounted to $340,000, or 85 cents
per share, and to $450,000, or $1.12'/»
share,
net
year.
Operating
3,500
Co
&
2,500
Sachs
&
L,
Co,,
Hayden, Stone & Co.^
Hemphill, Noyes & Co.—
the
on
per
230,377
The Robinson-
Slade
Hayden, Miller
railway property abandon¬
over to
bus operations, no
the company's common
on
Northwest
Reinholdt,
30,779,536
,
Period End. Nov. 30—
2,000
Piper, Jaffray & Hopwood
3,500
Harris, Hall &
which
were
Pacific
5,000
MacGregor, Inc.
Harrison
Son
Raffensperger,
Co., Inc
Corp.—
Forgan
Harriman
received
'within
surplus
&
/ '"
10,000
Co.
California-
Riter
37,525,437
of
Transportation
one
about
3,500
of
1,197,343
„_
—
&
Co
Graham. Parsons & Co.—
Hallgarten & Co.
amortization of street
ment
be
to
Co.
Friedman—
H.
Glover &
'• ">v,-;
the five-year period. 1939 to 1943,
appropriations
in connection with the
>
is
company
/>.^
DIVIDENDS—During
of
Pacific
5,000
Evans
Michigan
Goldman,
"
by the company.
additional
Commonwealth
The Ohio
3,500
Corp,
Co.—
Hill Richards
fiOO.OOO shares of
.
Dominick—
&
Maxfield
its
of
&
The First Boston Corp
Commonwealth
improvement
or
Co.
affiliated
Uncollectible
Newhard, Cook & Co.—__
1,000
Securities
"2,000
,
2,000
,
of
Co.,
Co.
2,500
of
Newbold's
2,000
& Co
Inc.
First
&
Maynard H. Murch
>
Bodine.—__
A.
Moore
7,500
Townsend,
Co
&
Inc.
completion,
2,943,036
•
(ex-
1,500
2,500
Co.—
Fahey, Clark & Co
Farwell, Chapman &
longer be subject to the provisions of the Utility Holding
construction,
RR.
5,000
H.
628,640
17,970,574
Kansas Corporation
Commission
subsidiary of American Telephone
temporary rate increase in Kansas
a
1,500
S. Moseley & Co
Mullaney, Wells & Co.—
W.
682,438
18,908,388
The
a
1,500
..
Inc.
—
T.
86,376
1,565,378
Southwestern Bell Telephone
Co.—Allowed Rate Incr.
&
F.
2,500
&
'
5,000
Co.,
5,000'
Co
5,000
l,50o
&
.Clement
Act.
the
&
Weedon
Estabrook
facilities.
No
cos;
companies.—V.
3,500
Inc.
10,000
:
Pacific
/'
Turben
Berwyn
1,000
Clarke Corp.
Co., Inc.——
Equitable
PURPOSE—Company proposes to apply the net proceeds received
by it from the issue and sale of the 85,000 additional shares of common
stock, estimated at. $1,508,121, to provide for necessary expenditures
for
,56,871
1,690,113
South.
tCredit,
controlled
_4_
. , 7,500
& Co./__
3,500
George—1,000
Milwaukee Co._
>_■■.
5,000
The
1,000
Co
,
&
1,500
Co.—__
&
—
Miller
W.
Crouter &
stock
common
of
&
Collins
Dixon
Rhoades
McGlone
49,378;749
40,821,081
10,000
—
Co.—
—1—
Merrill,
Co.
Dempsey-Tegeler
by the company.
shares
P.
♦Loss.
Mason, Moran & Co
-
3,500
DeHaven
Loeb,
Inc.
2,500
Huey Co.__i._l_—
Securities Corp
Crowell,
by The
Commonwealth & Southern Corp. (Del.)
being all the
outstanding shares thereof, and 85,000 additional shares
Commonwealth
&
7,500
McJunkin, Patton & Co.—
Martin, Burns & Corbett,
10,000
&
&
2,500
Republic
—
Legg
M.
Carl
Co,
.
Corp.-
57,116,262
affiliated companies not
credited
portation System^
JDeblt,
- •.v
Meeds—
&
8.557,668
2,849,096
the
20,000
—
Co.
3,500
685,000
by
1,500
and
Cooley & Co
stock (no par) at $19.50 per share. The
issue has been oversubscribed. The shares offered con-:
sist of the 600,000 shares of common stock owned
sale
Co.—
Irving Lundborg & Co.—
2,500
Phillips Co
Richard
4,223,988
common
the
affil.
clud. S.
,
of
Consolidated
C.
Carl
5,000
—
Dominick
Upon
Co.
Co
Carroll
Clark,
compared
with 2,569,000
kwh.
for
the
an increase of 19.3% .—V. 169, p. 209.
of common stock to be issued and sold
&
City
Southern Indiana Gas & Electric Co.—Common
Stock
Offered—A nation-wide syndicate of 111 bankers
head¬
ed by Smith, Barney & Co. on Jan. 17 offered
shares of
and
SKumaker,
Higginson
9,012,175
\
Mexico)
tConsolx adjustment
JConsol.
adjustment
2,000
••
John
2,000
-
Chiles,
8,244,905
Jan.
&
;
(Inc.)
Collett
output
&
Lee
3,500
Co
&
Byllesby
Central
209.
corresponding
Co.—___ 1
Brothers
Julien
Electric
&
Caldwell
Southern Goiorado Power Co.—Weekly Output—
/
Colm
Laird/Bissell
10,000
Inc.-
Bradford
Byrd
134,605,127
13,463,866
20,847,312
Kiscr,
:
3,500
"
Co.—
Brown, Lisle & Marshall-
156,827,151
income
—V.
Co.,
Brashears
'
14,807,509
.
"$0.98
Co.—
&
48,104,087
426,533
4,690,020
.
Transp. System
of
solely cou-
inc.
trolled
follows:
Pcabody
2,422,562
667,830
deductions.
income
Pac.
''
•
•
underwriter
as
&
Kidder,
20,000
&
(Inc.)
$
65,123
__
Janney
5,000
H.
15,655,787
rev.
oper.
are
91,042
r
charges
Net
No. of Shs.
15,000
Boenning
1948—11 Mos.—1947
19,074,666
revenues
misc.
123,751.113 117,012,265
55,449,060
56,627,398
1,454.634 ^19,084,474
18,366^182
118,610
1,113,491
1,197,604
4,022,189
income
Total
412,296
"
.
Blyth
sold.—
$
Operating
"
$1.97-
principal
Inc.
G. Becker & Co. Inc.William Blair & Co.——
G.
1948—Month—1947
412,296
each
(net)
ry.
Total
$fl,000,569
underwritten
Harden-
J.
End. Nov. 30—
$1,594,453
2,500
^
Bosworth, Sullivan
Southern Bell Telephone & Telegraph
of
Barney
Auchincloss, Parker &
Redpath
Bacon, Whipple & Go._^_
•
168, p. 2231.
Period
$1,757,257
,
name
363!784',258
7,823,672
3,828,865
(net).y 1,599,010
rents
__ ___
Net
-
i ' "f
are
rents
facll.
Net
r
>278,454
412,296
—
401,500 shs.
offered
261,006
$2.24;
/
...
—
$1,279,023
272,536
$2.38
-
& Co.— ' 40,000
Adamex Securities Corp.
10,000
A. C.
Allyn and Co. Inc.
15,000
°Outstanding"
900.000 shs.
\
i1
11,280,160
5,567,918
ry. oper.
accruals—i.
oper., income
Other income
1,521,290
No. of Shs.
'
(par. 10c
■
$1,855,459
>
stk._
this
directors
*|
•
$2,029,793
246,425
A.
be
394,335
tax
time
any
date
officers
Authorized
•To
950,424
412,296
respective numbers
CAPITALIZATION'
-Capital stock
1,056,176
$2,086,889
UNDERWRITERS—The
These
of the corporation in respect of its capital stock is
follows:
628,747
1,056,951
deducts.—
sh.
per
000
com¬
Edward G. Bern. 75,000; H. K.
Rulison,
Janney, Jr.,. 10,000; Charles A. Rheinstrom, 1,250;
Jr., 1,250, and James G. Flynn, Jr., 1,250.
V:
■"
The position
as
707,544
Joint
income^—$1,840;46«-
Earns,
have
the
this
price
sold
directors
shares of
of
whole
in
and
98,750
minimum
from
by
of
the price
to
amounts:
{
813,040
'
86,400
824,519
'
'
.
.
-
86,400
39,279,308,
__
profits
income---
income
Net
C.
Russell,
'.y
"•
V
receive
exercised
following
John S,
,.f
be
above
total
a
a period of five years,
13 months
offering, ami have been alotted to
16,000;
.
cents
will
following officers
to purchase
share, equal
per
17 '/2
may
during
public
.-V"
$1
at
86,400
■<j
50,559.468
expenses.
Net rev. from
Railway
Equipment
Pfd." dividends
stock
.' 685,328
Fixed
Gross
-
Total
vide additional revenues.
OPTIONS
569,956
707,693
——
doughnuts and candy will be added to the line ..of products handled.
Vending machines for cigarettes and soft drinks arc expected to pro¬
mon
651,452
be operated by one man per shift.
Use of
other eating utensils is proposed to alleviate
ground
been
715,618
773,493
,
785,888
l_—■
Est.
oper.
•
•
1948—11 Mos.—1947
$
:
«
1
43,441,083 540.238,365 480 796 523
35,617,411 416,487,252
,
revenues
'
acqui¬
taxes
oper.
>
743,479
I
-i-''
Railway
Railway
11
System—Earnings-
1948—Month—1947
1943
$7,768,729
is to
and
Period End. Nov. 30—
1946
$7,750,765
..
_
Est.
dish-washing. ' The projected- menu will consist of
beef (hamburgers), chile con carne,"Coffee and
the organization develops, additional
items, such as ice cream,
As
Years Ended Dec. 31-
$9,071,889
adjustments—1
re¬
of
frankfurters,
of
sition
for
information
other
Amort,
seats
service
-
$9,537,508
revenue--.
Depreciation
....
disposable dishware
milk.
service
permit
Southern Pacific Transportation
3,953,382
gross
Maintenance
food
spoilage,
of stainless steel.
space
provide
to
counter
by
is-anticipated that units may be acquired and equipped for
to exceed $7,500 per unit.
Each "Silver Diner"
the
and
expected
outside
waste
believed not
sum
a
with
Diner" 'is
persons.
eliminate
to
,,
1947
Operation
•
It' is contemplated that the compact cooking and
storage facilities in
each "Silver Diner" will consist of the most
up-to-date electric equip¬
ment,
•'
EARNINGS
Nov. 30/48
Total
will
••
.
OF
12 Mos. End
radius
a
of
groups
''
_
*
located within
development of the busi¬
as
that
SUMMARY
.
—
__
shares
per
181,104
Cr9,951,000
8,855.000
outstandingshare-1—
2,885,000
$13,392,724
$5,152,042
*$251,770
2,355,466
2,255,470
$2.18
Nil
2,355.465 ■v
S5.G9
QUARTER ENDED SEPT.
FOR THE
EARNINGS
1947.
1948
sales$93,923,753 $59,593,613
profit
1—
5,266,170
1,564,065
'Net
'Net
V
COMPARATIVE
'■ <'„■*
tIncluding $713,000 tax credit.
!
>
•
■
assets
Current
liabilities
_________
*
SEFT. 30
-Net
1946 j
$43,058,641 $36,487,225
$22,071,845
$706,338
665,373
"
$0.54
Philadelphia, Pa.—Official
Oil Co.,
Sim
formerly Assistant Secretary
urer, has been elected Secretary and Treasurer,
Mcllhejihy, Jr., who resigned last month.—V. 168,
C.
Agnew,
Asjtec
.
.succeeding Fianc
p. 21bJ.
divisions
lias
President.
*,0HfnQi7
30—
Months Ended Sept.
Nine
$13,760,357 $13,014,287
c.n,ies
Net
taxes
Income
574,000
,—
—
.
100.000
r
'
•
'
$3.35
$4,084,252
'214,848.
28?'.°^
$1.00
charges-——-—
share.!
—
'
"
Earnings per
52.'
168, p.
—V.
$0.98
$1.68
taxes
and
The company
Underwriter,
share.
ceeds will
per
used
be
for
•Loss.—V.
167,
sales
Banks—
Federal
169,
—V..
!
&
chares
168.
'
'*•
Sales
to
at
counts
•
494,376
$0.59
first
Reportloansand. dis¬
consolidated
of
stock
bonds
.
■
undivided profits,
to
directly
•
.in the number of real estate
1948, the net profit from
Despite a decline of more t'"»n 10T
transactions iii the metropolitan area
title
until
i
and
held
,
Corp.
of
records
other
integration
in
a
was
.
operations
company's
the
of
its principal divisions are
of
services
the
President
of
the
Mr.
Townsend
building
held
occupied
in the
The
on
new
two-story
offices of T.
G.
Dedicated in White Plains, N. Y.—
:
Jan. 20 announced the dedication of the new
by
the
bank's Westchester branch at a reception
White Plains, N..Y.
offices at 70 Grand Street,
building
houses
the
& T. and Lawyers
consolidated staffs
of the old
Title Corp. which had maintained
and
mail
air
fly almost , 30$
the same month
record
up
were
Months Ended Nov. 30—
' 12
Operating
•-
Operating
1948
1947
$18,360,165 $15,873,045
13,719,476 12,831,739
1,318,285
961,865
"
;
revenues
1
:
expenses
:
54over
870,704
$2,451,700
65,033
$2,516,733
ll_______
revenuesA,^—
Neb; operating
109,700
$1,970,741
*34,867
$1,935,874
880,940
taxes
income
Federal
for
Provision
an' estimated 57V2$
from
November. The company set
when it flew 1,404,500 mail ton miles ;in
here
up
'
Subs.)—Earnings—
(&
Washington Gas Light Co.
■
Depreciation
Mileage' Flown—
:
totaling an estimated 1,924,500 were up 59$'
December, 1947, but off
fi*om November.
816,000 express ton miles in the month, a loss of
miles,
ton
with
flew
also-
from
"3%$
but
December,
gain
a
38$
of
2733.
P-
:
Other income
—
'
income
Gross
Interest
other
and
920,136
deductions
—._
$1,596,597
440,031
on
■■■;■
■/
♦.
'
425,000
$1.89
-
$614,904
612,000
stock,,
preferred
$1,054,934
$1,156,566
income
Net
Dividends
November.—V.: 168.
v over
:i $ „$■
.■
Balance
$1.45
outstandmg
shares
Common
Earnings
per
•Loss.—'V.
■
share—________
common
169, p. 51.
'."'ht-VrtV-1....
-
United Light & Railways Co.—Proposed? Offering of
American Light & Traction Co. Common Stock to Share¬
holders—
L v'':-V .L •'L^;V; iLr.;. ■; ;
<
Subject
.its
of
prior effectiyeness of a registration statement, under the
of 1933, this company proposes to offer to the holders
stock of record at the close of business on Jan. 31,
to
Securities
Earnings^—
It
Light- &
share of
shares
five
is
of
that
the
right
2.
per
stock, par value $25,
in the ratio of
Fed.
the
income
at
Net
Other
United
stock
common
after
Jan.
of
Securities
on
that
and
statement
191,017
1,884,834
2,013,564
$285,936
$320,549
$3,632,737
$3,985,714
483
757
73,668
27,180
$286,419
$321,306
$3,706,405
$4,012,894
76,421
75,241
937,037
995,443
$209,998
$246,065
pic!, stock for the period.
$2,769,368
$3,017,446
210,000
'210,000
$'2,559,368
$2,807,446
137,740
,
&
held.
Co.
Rys.
covering
the
31,
the
3
o'ciock
p.m.
be
and
York Curb
New
not
quoted
certificates
alt
1949,
the
covering
effective; the
Exchange.
.•
be
above
(EST)
on
Net
for
right's until
"ex"
said
said
stock'which
are
subscription
is
presently
rights
w.ill
expected
offering
be admitted
that
the
''ex-rights"
on
has
p.
M.
W.
Reed
as
p.
-
•
■».
-
1
51.
sales
to dealings on- the
*
18 announced the appoint-?
Vice-President-Engineering
of
charges
income
taxes
Inc.—Earnings—
1948—3 Mos.—1947
$2,140,164 $2,568,486
*52,504
J150.775
57,200
-
_____
'
common
United States Steel Corp.—New Vice-President—
of
b__
1C9,
Ios3 -after
1948—9 Mos.—1947
$5,784,712 $7,215,404
*95,406
t271,230
i
103,000
$$168,230
450,079
*$52,504
t$93,575
*$95,406
outsdg.
450,079
450,079
Earnings per com, share
Nil
$0.21
450,079
Nil
the
United
loss
Common
*
Jan.
to
Webster1 Tobacco Co.,
Net
of
on
applic.
Balance
—V.
50.
Fairless, President,
'
to dealings
United
the Exchange the day folldwing
the subscription rights are admitted
Exchange.—V. 169,
Benjamin F.
income
Period End. Sept. 30-
The Exchange that 'the registration
to
de¬
other
(net)
Exchange rules
until further notice must be accom¬
referred
subscription
It
quoted
when
and
ductions
Net
will
the date
income
Gross
Interest
right to
the
Federal
become
ment
other
______
operating revenue
income (net)
Dividends
As-soon as notice is received by
on
and
taxes
about Feb. 10, 1949, and
or
on
expire
will
Light
warrants
mailed
be
subscribe
notice
delivered
"•
1,060,146
deductions,.
Federal
panied by due bills for the subscription rights.
<•:
$1,483,822
revenues
rev.
& Traction Co. for each
United
The
of
share
1949.
Committee
further
$12
at
subscription
the
shares will
to
Co.
of American Light
stock
common
expected
'.March
Traction
stock
common
subscribe to said
that
Oper.
Act
American
one
Operating
1948—12 Mos—1947
$1,574,415 $16,607,808 $14,929,510
1,062,849
11,090,237
8,930,232
1948—Month—1947
Period End. Nov. 30—
common
1949, the right to subscribe to shares of common
of
440.030
vL
Washington Water Power Co.
,
stock
New Building
flown
miles
ton
compared
United
reviewed by Barnard Town-
services rendered by each division of our bank.
improved." Mr: Townsend became
bank June 17, 1948.-•
- ; "...
funds—V. 169, p. 49.
month.
Freight
when
that
be extended and
will
Redeemable— V
notice to holders of scrip for a fraction
stock announced that shares of class C stock;,
in respect of which scrip was issued and outstanding on Dec. 29, 1948,
were
sold at public auction on said date.
The net proceeds of the
sale have been deposited with State Street Trust Co., agent, Boston,
MassT and holders of scrip upon the surrender of their certificates
at the
principal office of the Agent, corner of State and Congress
Streets in Boston,
Mass., will receive their proper proportion of the
net
proceeds of the sale but without interest.
Holders are entitled
to no other rights in respect to their scrip certificates.—V. 169,. p. 51.
C
class
'
services and
the
studying
stantly
Brothers Co.—Scrip
of
share
a
rate,
ail* travel helped this corporation
miles in December, 1948, than in
December
all-time
an
send,
These
mail
The
President; in the company's annual report issued on Jan. 15.
Regarding the company's piarts for further development of the pro¬
gram which was initiated in mid-1948, Mr. Townsend - told the stock¬
holders:
"We
have organized a research department which is con¬
*-
wells.
for
offered
interest
according to Harold Crary, Vice-President—traffic and
mail and air freight also showed substantial increases.,, \
Air
Air
substantially completed
expansion of
of
.
$
Okla.
Co., Oklahoma City,
&
cost of completing
Price, Treasurer, in a
W.
R.
of
ago,
a-year-ago
and niany operating
program
'
During December the company flew an estimated 93,646,500 revenue
miles,
an
increase of 28V2%
over December,
1947;'.. and
6 Vz
over November,
1948, Revenue airplane miles were off 2 xk $
from December,
1947, and 4$ from November.
Expansion Program Reviewed—
Results
and
Warren
T
passenger
''v"'V '■> v.'T. '■
expenses.
Petty
H.
SEC
150.000 option
Underwriter,
Proceeds will be used
.
,
. ; -T;
T..
of notification with the
wiH
Stock
*
drilling
for
like
passenger
year
sales.
will not be consummated
personnel, title plants
economies will
be in effect for the entire year 1949.
The four business locations
of Lawyers Title have been discontinued and the disposition of the
greater part of .this space will effect further reduction in operating
of 1948
Dennis
454.371
$1.4)
The Cincinnati Gas & Electric Co. will exercise its
its pro rata proportion (19i583 38/94ths shares) .of
In consideration for such purchase* Cincinnati
a
holiday
Heavy
more
the
of
the two companies
close
the
warrants.
With SEC—•
Shawnee, Okla.—Files
10 filed a letter
(10c par) common stock, together with
be sold at 30 cents per share.
for 980,000 shares
Co.—Bids for the Purchase
United Air Lines, Inc.—Gain in
income
year,
Concessions, Ltd.—Exchange Offer—
Ltd. above.—V. 169, p. 51.
Transport & Trading Co.,
Shell
Waburn Oil Corp.,
peacetime vol¬
in the bbmpany's history, according
'
paid off by Union from its treasury
although the merger of Lawyers Title Corp.
this
time
shortly .before
;'
Title
Lawyers
York with Title Guarantee and Trust
some
according to. Mr.
1947.
for the last three
compared with $232,176 in
states that
report
The
of New
$2,825,482
Tlie company "on Jan.
principal amount of 6$
notes of Union now
the amount of $2,067,238.
The balance of such notes, will be
surrender
will
in
maintained,
well
both
for
$4,084,713
with
of
gross
year,
$3,007,844
90.
p.
"
the additional stock.
which the company
in
counties
$3,742,407
168,
A
'
purchase
right to
from title insurance operations in
operates was $3,966,866, compared
companies during the same periods in 1947.
the
of
months
business
the
Including
was
profit was $385,847.
The
Townsend.
all
operations
insurance
1,184,973
2,299,143
_
.
stock of Union,
>•
"
securities.
.-AA
company.
be
tlie
" ...V:
terms."
to
are
determine
will
to $5,411,130
amounted
sources
816,845
sale at competitive bidding, which
Warren Petroleum Corp.—Unit Completes Well—
offering price and underwriting
Warren
Oil Corp.; a subsidiary, has completed Its J. T. Hamilton
-V'rt"- 'L
V1"'
"LC"' LL'LL
No. 1 Well in Young County, Texas, it was announced on Jan. 14.
The
The' stock is to be offered for subscription at $100 per share by,
well flowed 299 barrels in 12 hours and 40 minutes through a 24/64common
stockholders
at the rate
of 4/94ths of a
share for each
T inch choke.—V., 169, p. 210.
•
•
, *
l/94tfi of a share now held.
As owner of 98.42$. of the outstanding
The
against
$5,000,183 for the previous year.
Operating expenses increased front
$4,900,492. in
1947 to $5,309,518 in 1948, salaries and other compensation, accounting for $165,859 of this increase. Losses Of a nonoperating or non-recurring nature amounting- to $180,363 were charged
all
from
the
by
$2,034,234
589.602
Working capital
the purchase from it of $5,000,000 first
series due 1979.
Bids will be received by the com¬
(EST) on Feb. 1.
on
Jan. 17 announced the issuance of an order authorizing
$5,000,000 of first mortgage bonds ana 20,000 shares of
SEC
$2,041,417
565,185
5,124,628
bonds,
sale
common
stood at $21,245,298,
1948 and $13,167,603" on Dec.
income
Gross
.
.
.
1946
1947
1948
3,110,696
$738,119 .T
494.376
52 10,-2
CAPITAL, SEPT. 30
STATEMENT OF WORKING
6,118,540
-V.
to 11 a.m.
up
The
the
,
were
'1947.
$0.71
2,138,779
Company is inviting bids for
pany
■
,.
594,000
$1.21
_1_,
1,960,772
6,427,636
1948 were-'the highest
months of
nine
Union Light, Heat & Power
were
-
$423,925
594,000
outstanding
2,685,229
of Bonds—
1948,
31,
Dec.
$719,638
$1.00
_.
291,637
$2,250,965
See
$1,040,386
$290,815
494,376
-.1 $0.55
$715,563
479,422
$596,662
*
liabilities
$
.
compared With $13,078,760 at June 30,
31, 1947
This was an
increase of $8,077,,695 over a year ago.
Call loans totaled $1,384,000,
compared to $300,000 last year.
L
Total resources on Dec. 31, 1948 amounted to $64,665,568 as against
$51,952,851 last June and $60,634,666 at the close of 1947.
Deposits ;
were $54,895,715
as against $42,618,339 and $51,218,356 on the com¬
parable 'dates.;
V'TY-'A •'' TTv-'LL"T,.:
A/LiT-A/A' A-vf; v.;,
Holdings of United States Government securities on Dec, 31 ,1948,
$15,080,025, down from $18,432,951 011 June 30, 1948 and $24,239,751 the year before.
Cash 011 hand and due from other banks
amounted to $16,144,491, compared with $11,670,690 and $13,233,530,
respectively.
' '
""
'
*./' ;
.•
'
On Dec. 31, 1948 capital of the bank was $3,000,000 and the surplus
$3,000,000, both amounts "unchanged during the comparative period,
although June 30, 1948 was the first time surplus and undivided profits
listed separately.
Thus, undivided profits were $715,143 for Dec.
31, 1.948; $1,098,027 for June 30, 1948 and $991,116 for Dec. 31, 1947.
The year's
operations, which include Lawyers Title Corp. of New
York for, the final, three months, resulted .-in'"a -net operating income
of $101,611 as compared with a net operating income of $99,695 for
*
$273,159
share
per
for
Sales
in total resources, deposits,
in this company's year-end statement
reflect the recent acquisition of Lawyers Title Corp.
Loans
inci eases
2—
outstdg.
shares
ume
for ,any comparable period
y*to the company.—V. 168, p. 1488.
The sale
Wo£fl£r
168, p. 2164.
shown
are
167,420
I
1946
:
$1,199,0
594,000
^
prolit
shares
1947
1948
$1,009,606
412,944
30—
taxes
Current
1948—9 Mos.—1947
$9,402,073 $6,222,960
1,678,042
1,190,514
&37.656
452,395
$2,167,197
459,057
178,241
440,580
income
Net
Earnings
N. Y.—Issues
& Trust Co.,
Title Guarantee
$2.44
assets
Co;—Earnings
$2,548,801
_il__
taxes
mortgage
substantial
$2.52
expenses,.,
Inventories
$1,030,827
739,002
$1.44
$229,438- $1,236,444
739,002
739,827
$0.31
$1.67
1948—3 Mos.—1947
20—
——
Capital
/
cost for land and building was $8,117,710.
machinery and equipment located in Canton,
Zanesville, Ohio, plants of the Timken company.—V.
counts
Sept.
Ended
income
Venezuelan Oil
Period End. Sept.
■
$0.22
2589.
p.
Current
•
original
$0.21
168,
U. S. Government
1188.
p;
.Profit after charges
Income
included
and
profit
Union Asbestos & Rubber
mortgage pipe line bonds,
ings.
-Tlie
25,000
contingencies
$0.67
—V.
War Plant—
The comoany on Jan. 18 announced the purchase of the Timken
defense plant in Columbus, Ohio,-from the War Assets Administration
for $3,243,707.
The plant, built 'in 1942 next to the company s own
Columbus branch plant, covers 9.1 acres and consists of -three build¬
also
340,000
outstdg.
Bearing Co.—Buys
Timken Roller
865,684
taxes
1948—9 Mos.—1947
I
$5,270,553 $17,661,704 $16,997,718
423,438
2,164,444 * 1,872,827
169,000
'"853,000
737,000
25,000
75,000
75,000
$5,748,651'
taxes_____
income
Capital
apointed
N, Y., has been
Trust Co., New York,
trustee and registrar Tor $60,000,000 of first
3%%
series due 1968.—V. 169, p. 206.
Bank
1948—3 Mos.—1*947
Earnings per share—___
Appointed—
Transmission Co.—Trustee
Texas Gas
Chemical
1,431,551
$1,408,653
Cash
$500,684
739,827
Net
......
..
1,718,599
$1,268,069
Earnings per common share
a
309.
p.;
414,834
*$150,098
stock
COMPARATIVE
•;
for
Frov.
Co.
1,639,391
$2,890,204
share- of
per
Common
$0.33
$0.13
2072.
p.
Period End. Sept. 20—
..subsidiary,, on Dec. 1 took down
$6 120 000, being the eleventh borrowing
under an agreement 'Witlicertain banks dated Feb. 10, 1948, evidenced by *2%#
notes, payable
in installments beginning Aug. 15,
1949, to Feb. 15, 1958, inclusive.
Line
Pipe
Texas
The
Net
424,784
424,784*
TJdylite Corp.—Earnings—
Profit before
Co.—Unit Borrows from
share
1,199,330
$2,986,668
•
10c)
Nej
Texas
424,784
$0.04
$229,800
$164,815
*$7,193
424.784
' Nil
$48,176
___
Earnings per com.
notification' with the
to be offered at $1
Henry P. Rosenfield & "Co., New York. Pro¬
additional equipment, working capital, etc.
Jan. 11 filed a letter of
of common stock (par
on
shares
300,000
for
York—Filing—
Corp., New
Television Equipment
___•
shares outstdg.
92,568
$264,736
1948—9 Mos.—1947
profit after charges
Common
„
105,653
474,096
after
Federal
1948—3 Mos.- -1947
End. Sept. 30—
Period
Net
irt-
.
.
$355,310
Visking Corp.—Earnings—
Profit
Co.- Earnings—
Trailmobile
$357,302
$4,529,595
$249,657
'Deficit—V.
Quarter
$3,411,543
236,800
30,774
$4,185,993
*$224,439
common
disbursement forms."—V. 165,
28,384
_
2180.
p.
$4,157,614
3,561
!_
income
Earnings
.increased include Protectoand Cneckwriters, bank customer checks, corpo¬
$353,741
2,870
a
Balance
"Other prod¬
ago," Mr. Todd said.
Check Signers
checks, payroll systems and other
grapli
ration
1946
(net)
deductions
Dividends
productive capacity is being
$4,498,821
$352,440
revenues,
income
Net
division.
which
on
1,251,007
income
Income
expansion
banking industry only three months
ucts
30
''1947
1948
profit after
Net
$4.80
__$4,525,536
soles
Net
140,276
QUARTER ENDED SEPT.
THE
FOR
EARNINGS
in
280,552
—/,..6j-.26,698
Capital'shares' outstanding—~
280,1552
Earnings per share
$2.95
sold
1948—12 Mos.—1947
$1,476,264 $18,266,053 $16,659,545
1,122.523
14,108,439
12,160,724
$1,603,447
oper.
Gross
being added.
the entire machine
will facilitate the meeting of production schedules
all items,- especially the new Todd Imprinter which
has resulted
a' most substantial number" of orders since it was introduced to the
of
$673,423
Net
its present location.
division is expanding into quarters being vacated by
printing
"This
517,000
*
Stock Sold—
—
(& Sub.)—Earnings—
revenues,..
rev.
Other
feet of manufacturing space are
square
169, p. 50.
Corp.
1948—Month—1947
deductions..
oper.
Oper.
■
-,
,
is being accomplished by moving
newly-remodeled quarters adjacent to
into
machine
the
1,190,423
$741,415
profit
Net
'
The
$10,020,146
*'r?S ooo
655,000
charges--,
Profit after
Richard
A.
expansion
division
1946
by
*
,
Nearly
The
Corp.—Earnings-
Superior Steel
announced
been
States Steel
.
Period End. Nov. 30—
^
in Rochester, N. Y., to
machine and printing
Todd, Executive Vice-
Expansion of the main plant of this company
increased demand for the products of its
meet
,
Utah Power <fe Light Co.
Y.—Expands Plant—
Todd Co., Rochester, N.
(The)
Promoted—.
and Assistant Treas¬
con¬
per
Total
John
.
Steel
States
$1.23
third quarter only of subsidiary,
1948.—V. 168; p. 2583.
the
for
earnings
$2.25
V. 169, 51.
665,373
$1.13*
Co., purchased June 22,
Brewing
1, 1948.—V.
Jan.
who
Lawrence;
H.
corporation.
share 1,000 shares of common stock (par 500).
Proceeds will be used for additional working capital.—
at
$353,916
'
665,373
B.
United
Willis E. Burnside & Co., Inc., New York, recently
MoS;—1947
$315,621
665,373
$0.47
$356,860
of
Television Mfg.
States
United
Brewing Co.]
*1948—-9
sh'are_~_'_
per
?Includes
1948 to Altes
"1948—3 Mos.'—1947
outstdg.
shares
.Corp..of Delaware,' since
...
subsidiaries
with
and has been Chief Engineer, United
tinuously -since 1910
pr
,
succeed
of .service, with the.
years
served
has
Reed
to
Delaware,
of
Corp,
retiring after, over 44
Mr.
specializes'in the title
taxes
profit after
charges
is
of Harry E.; Kuhlman
'■
Co.—Earnings—
End. Sept. 30—
Capital
'
,2232.
p.
and'
$42,924,155
20,852,310
156.
168, p.
168,
Changed'in December",
[Name
Period
.
Earnings
Working capital
V.
s
33,231,518
46,311,364
—
iield.—V.
Tivoli Brewing
■
1948 " '
1947
$89,370,005 $69',718,743
■
'
Current
;V.T: V'
.....
WORKING CAPITAL,
STATEMENT OF
'and
•insurance
T49.030
$0.02
Steel
•States
■
.
Westchester office, under the direction
Thomas H. Sfieehy, both "Vice-Presidents,
.The
"$44,401,798
SO.66
$'2.2*3
! Earnings per share
fcompanies .in
1946
the two
prior to the merger, of
branches in White Plains
September, 1948.
separate
30
Monday, January 24," 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(384)
12
After
___________
shares
giving effect
$140,000
tProfit.—V.
in
the
:
to loss on sales of
quarter
168, p. 90.
and
$159,756
excess
$0.37
leaf tobacco inventory
months period.
in the nine
'
(Continued on page 48)
Volume
-1
Number 4771
169
; THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(3851
.I
Stock Record «» New York Stock
Exchange
DULY JUDGE Of PUCES
WEEKLY VOLUME OF TRADING
YEMLY HINGE OF SUE rMCES
FOG EVEIY USTED ISSUE
Range for Previous
STOCKS
Year 11)47
Lowest
9 per share
9 per share
66 % May
00
Range-far
87 y2
10%
43%
Apr
60
13% May
38
6
Dec
3%
Dec
Dec
11
Dec
29
8
27 %
Acme
Feb
7 y« Feb
10
Xl8% Dec
28
99
Nov
108
10
Feb
2% Nov
22
Jan
13% Dec
28
65
Nov
5
2
% Dec
22
Feb
10
58% Oct
Air
Nov
65% Dec
28
75
Feb
28
34
29
109
Dec
90
Apr
12% Nov
Mar
2
7% Dec
96
Aldens
May
22%
Feb
16% Dec
29
217/B Jan
36%
Oct
25% Dec
29
11
30
Jan
39 % Mar
25
Feb
90
Dec
105% July
42% Oct
81
198
Mar 24
$4.50
preferred—
Allegheny & West Ry 6%
24% May
5% May
46
35
73
Jan
8%
x25
Feb
;51
107
Dec
34% May
7
50%
Dec
50 3A
11%
80
Dec
9
May
1073A
17%
Dec
Jan
Feb'
50
/
Feb
May
75%
Dec
166
103
Feb
99
Mar
•„
36
196%
May
20V2 May
105% July
47% Oct
19
Feb
115% Jan
1
28%
Feb
110
Feb
56
Aug
26%
Sep
Feb !
18%
Dec
24
Feb
88
Dec
102
Mar
38% Dec
101%
48% July;
118 % Oct
Dec
25% May
6% Sep 21
28 ya Nov
29
74
30
38
101%
102
51
31
Aug 23
May 18
20% Jun
V
5%
American
3
American
33% Feb
10
4%%
3
Oct
Jun
Jan
10 y4
Jan
42
19
Sep 20
Apr
15
4% May 15
Dec
15
89 % Jan
9
6 % Dec
28
14% Jun
24
37
Nov
35% Dec
3% Dec
46
Jun
16
77% Jan
American
29
31
43% May 17
7%, Jan
5
25
53
20% Feb
11
5% Dec
Jan
26% May 20
8 % May 21
13
92
Jan
Oct
10% Feb
11
15% Jun
14
Nov
13% Jan
5
19
Jun
24
26% Jun
3
30%
79
Feb
16% Dec
31
Jan
116
05% Feb
27
American Hide
6%
108
Jun
Range for
Highest
I per share
8 per share
Dec
28%
x25% May
15%
American
6%
9 per share
American
1%
32% July
Dec
8%
Dec
14%
Feb
28% May
39%
Feb
Feb
10
16%
Feb
6% Feb
28
129%
Feb
80% Nov
30
117%
Feb
69 % Nov
30
12% Feb
13
7
Dec.
85
Dec
76%
Dec
11% May
170
Dec
17
186
Feb
Oct
-
5% Dec
29
162% Nov
8% Jan
30
2
American
11
American
24
3
-
176
Feb
6% Dec
28
22%
Feb
16% Feb
14
28
34
42%
Oct
38
Sep
27
46
46% Feb
11
48% May
,
32
Dec
Dec
70%
172
Dec
July
139
40
Mar
31
Dec
158
Jan
125
25% May
37
Feb
23% Jun
28% July
29% Jan
136%
21
Jun
34
May
May
116
18%
149%
62
Oct
Jun
Apr
135
Dec
41% May
XI16%
Oct
7%
Dec
26 J/2
Jan
90
47%
Dec
146%
Feb
20
Oct
174%
Feb
82%
Feb
163% July
60
Dec
120% Aug
8% Dec
50%
Oct
Mar 10
Mar 19
Oct
Apr
27
9
25
12
68
May 27
163% Jun 11
35% May 18
31
27
Apr
22
American
Stores
24% Jan
5
American
10% Dec
2
34% Feb
13
116% Mar 15
16% Dec
23
147% Mar 17
54% Mar 29
131
Oct
1
46% Feb
14
115% Nov
9
6% Dec
17
X33% Nov 29
41
May 21
131% July 15
20% May 25
158% Jun
10
68% Jan
5
144
Mar
9
71% July
9
67
104
Jun
30% Feb
11
38%
Dec
30
Feb
10
41% May 27
45% Jun
2
51
Jan
25% Oct
13
38% Jan
.
24%
Deo
16
Jun
6%
Feb
Aor
39%
Oct
30
For
footnotes
see
page
107
May 19
5
Jun
11
3
60% Jun
14
18% Feb 11
36% Jun
16
Jan
3%
•
Apr
8
Mar 17
14
4
Dec
30
24
Nov
16
6% May 26
34% Jun
3
24.
Tobacco
Water
American
Apr 20
;
Works
Co
1
$4
&
Cable
Clayton & Co
Anderson-Prichard Oil Corp
Copper Mining
W Products
13% >
Co Inc
25%
2%
2
46
25%
5%
*5%
*66
42%
15%
400
17
200
*82
84
83%
800
83%
140
39%
38%
39%
8,400
101%
101
101%
102%
1,700
*31%
31%
600
32
16%
*16
18%
*4%
V.
*46
25%
25%
6 V
*5%
'
17%
1,500
15%
4,600
1%
2
2
"
47%
1,400
7%
7%
2,200
*41%
43%
900
36%
36 V*
36%
100
4%
*4%
43/8
300
'
4%
49
*46
25%
25%
6
5%
49
*46
25%
49
25%
5%
26%
5%
76
*66
12
*12
12%
16%
18%
500
76
12
16%
9,400
5%
;
*66
18%
103%
2,300
47%
41
*36
4%;,
12%
18%
V:'V
7%
41
76
*100
2
47
7%
36%
*66
16%
18%
102
17%
15
46
41
*11%
12%
200
>
17
7%
*36
6
15
:-i
45%
41
*5%
*13%
7%
16%
18
*99
2
5%
17
15
45%
7,%
76
12%
102
13
102
16%
18%
102
*16%
W
/7>
200
163/4'
18%
400
18%
3,500
102%
300
.
*100
29%
30
97%
97%
*6%
33%
*17%
147%
63'%
141
7
36%
30%
30
'
97%
*98
8%
8%
8%
84%
84%
33
8 4 3/4
13%
171
*172
7%
7%
25
24%
40%
*35%
12 %
12 Vs
35 '%*35
152%
V
*17%
17%
147%
17%
14"*
63%
63 %
141
140%
61
*118%
7
7
36%
36%
14«%
63%
53
36
V131%
41
*40%
56
17%
145%
147%
63%
*17%
146%
63 %
17%
36
148
64%
12 Vs
V
35%
*124
6%
53
34
28
105
7
*89%
79
7%
37%
7
37%
119
119
7 %
7%
4,200
37%
37%
4,300
6
34%
34%
34%
33%
34%
33%
34
33%
34%
343/g
34%
28%
27%
27%
27%
27%
*10
'11
4Va
28
*10
20
7 %
34%
*3%
1,600
*118%
37%
53%
28
62
7%
53%
*10
280
61%
37%
*52%
20
100
7%
52%
22
800
37%
52%
22 %
200
9,200
61%
*90
22
12%
35%
126%
31,300
*77%
22%
600
65%
80
21%
22%
142
92%
22%
60
2,500
148%
65 %
142
*77%
*22
400
27%
147%
65
142
*89%
*103
36
132
1483a
64%
141
6
lo
4%
35%
92%
*54
11
*12
*124
80
53%
27%
*22
5%
53%
*3%
27%
*89%
54%
27%
132
*77%
105
90
147%
6 %
*103
*35%
92%
*53%
4"
12%
3534
125 %
/
79
54%
27%
36
132
6 %
*27%
41
200
*118%
37%
600
17%
119%
7%
1,800
*17%
*118%
37
20
7%
25%
17%
119%
140%
16,700
17%
61%
V 140
2,800
14%
370
*131%
12%
35%
125 %
73%
174
4,200
22%
35%
1,300
553/4
22
*12
14,800
151%
22
*124
800
8%
85%
55%
22
12 %
*40%
200
150 %
22%
*17%
*118%
41
27%
35
7%
*25
360
6%
33%
56%
27
131
99 Vs
'
152%
61%
119%
7%
25%
27%
35
14
*172
10
400
1,000
55%
36
131%
73%
14%
6,700
...
152%
153%
60%
34%
*10
7%
*25
73
27
*53%
11
7%
25%
8%
85
173
27%
*124
63%
55%
14
173
61%
33%
*103
36%
132
40%
152%
72%
14
61
79
*27%
56
IVb
25
73
175
61
33 %■
r
41
152%
13%
141%
92%
*51%
*12%
7%
25
73
*172
*140
*76%
6
*22
"V
14%
141
*89%
'
27 %
12%
36
126%
36
*131
22
126%
105
55%
55 %
36
-
*40%
40%
154
27
128
28%
25
72%
175
7%
7%
132
22
■
*172
25
27
22
6
13%
14
*130
27
61
118%
72%
72%
175
30
*6%
8%
84%
34%
4
6%
33%
8%
33%
*27
*6%
33
84%
34
5
97%
6%
32%
8%
33%
No par
97%
6%
32%
84%
80%
*103
*30%
8%
92%
*27%
30%
84"%
*90
*51%
6%
*96
for
Shares
13%
79^%
*6%
8%
*76
6
13%
79%
6%
*84%
72%
35%
5
7
33%
13%
793/s
*6%
8%
132%
35
33
13%
*78%
6%
79
.84%
73%
14%
'
*35
*12
*6%
7
33%
6%
Sales
the Week
9 per shars
30%
97%
6%
34
,
13%
Jan. 21
6 %
*78
30%
97%
6%
Friday
Jan. 20
I per share
13%
79%
29%
a.
Thursday
Jan.19
< per share
13%
V
98
*130
*124%
13
*78
30
25
100
Wednesday
.
6%
100
100
Jan.18
13%
55
27
*21%
Tuesday
# per share
79%
153
21%
*2
14%
*6%
40%
50
15
*45
49
*78
■
6%
55%
No par
1,000
153/a
84
17%
300
21%
108
*16%
*16%
380
1,400
'
42
15%
17
38%
:■•/
83
21%
*16%
39
6,500'
32
*107%
42
15%
3,800
;
176 %
*79%
16%
17%
49
152%
25
16
V
9,100
3%'
32
f
108
5%
*46
40%
/
42
*31 %
4
55
152%
No par
Anderson,
A P
*7%
*24%
:_5
*107%
42
5%
36%
No par
Corp com__12.50
Archer-Daniels-Midland
13%
171
100
preferred
Andes
*72
•
No par
21%
108 <
1,300
400
90
175%
32%
31%
v; v 7%
9 per share
79%
30
118%
Inc
177''
81
100
v
8%
3%
89 Vs
21%
-'21 %
8%
3%
81;
'
*5%
Jan. 17
100
common
220
_
11
34%
103%: 103%
90%
32%
:
31%
15
Monday
8%
25
'21%
;
5%
4
Jan. 15
*84
No par
81
*16%
12%
6%
100
32
31%
*36
17%
64
34%-
8%
-
176
101 %
414
16%
174%
38%
36%
*97
*3%
90
16 %
41
*11%
16%
8%
3%
90%
101%
*39
12%
18
a
39%
*4
102
,
100%
40%
5%
103
*5%
77
*60%
$5 prior conv preferred
Anaconda Copper Mining
Wire
7%
25%
3%
*82
*36
6
103%
*15%
81
31%
45%
7%
40
25%
*103%
700
'
4514
*46
*10%
-
3,100
22 3/4
*63
11
34%
38%
6
*68
common—14
preferred
Anaconda
2
64
11
34%
100%
,
31%
78
*33
par
$4 conv prior preference
No par
Zinc Lead & Smelt com—-1
Anchor Hock Glass
31%
*5%
48-
*96%
—100
Woolen
16%
.
22%
•
42
16
*16%
56,900
f
•>
*107%
*15%
1,500
8%
60
'
34%
32
•r
42%
2,100
38 %
8%
*59
22%
*63
200
102%
38%
•,
60 ;v!'
*22%
63
*80
■
17
38%
38
59% :
174%
108
79%
22%
"V
89%
175
».
1
3% "8%
59%f"
'
102
,
-11%
/
16
82%
100%
4%
*13%
*78
*6%
—100
common.
preferred
1%
Dec
Dec
Tobacco
*107%
/ *42
38
8%
103
47
LOW AND HIGH BALE PRICES
par
Amer
Nov
9%
6%
2
35
9
Sumatra
American Tel & Tel Co
American
112% July 28
8% Jun 24
36%
Sep
-
Am
16
46% Mar
American Sugar Refg common
7% preferred
American
21%
38 Vs
9 per share
No par
No par
22
69%
98
Co
8% Apr
56"% July 28
Nov
31
Foundries
10
62
May
30% May
14%
com—
preferred
Steel
Jun
120
51
Dec
non-cum
American Viscose Corp
5% preferred
28
90
6%
81
21%
No par
Stove Co
Dec
76% Mar 16
58% July
Co
21
x5 % Dec
111% Mar
Snuff
American
Feb
Jan
American
32%
81
Saturday
No par
& Refg common
preferred
9
31%
100%
40%
36%
17%
No par
Ship Building Co
26
31%
80%
2%
*36
No par
Smelt
1%
Jan
Jan
46%
Am
174%
•
Co—
Co
35% Jun
140
10%
101% Nov
Amer
Seating
174"%
42
101
103V-.
90%
108
'
8% ■9
3%
1,100
?
3%
f
*10%
9%
3%
x89%
41%
28%
3%
*43
•
*
3%
:
28%
3%
47
34'/a
103%
9
800
3%
100
62%
91%
*107%
7%
"" *16%
com.No par
.
29
110%
Mar
American
34%
V/ *81 V;/ 82
21%
2l%
46
*5%
,
Light com—No
10
103%
Apr
&
Nov
Jun
42
Power
62%
11%£"
34%
103 %
*11%
100
$6 preferred
$5 preferred
*61%
v.,
5,400
-
22%
*10%
*68
No par
Amer Rad & St San'y com—No par
1% preferred
100
American Safety Razor
5
v
22%
9%
8%
283/8
80%
*43-
8%
400
28%'
80%
28% ' 28%
3%
59 %
1
174%
31%
31%
25%
1
100
25% Nov
May
Feb
Jan
12% Jan
5% May
68%
Amer
95% May 14
86% May 14
16% May 21
22%
8%
11%
38%
*46
No par
Co—-
59%
..
'
300
28%
37% 1 37% '
63
103%
*3%
1
Co com—No
Molasses
37 %
3%
*15 >4
•
Co Ltd
News
...
-
27
1,400
■
19%
80%
28%
■
*18%
28%
100
100%
>8%
V 58%
8%
*3%'
*186%- 187%
*80'/a
*43- "wi 47
36%
57%
22
28%
3% r
".'47
100%
36%
,;
28%:
,*3%
*43
102
*86
88 %
*16%
*36
1
preferred
Dec
16%
142
4%%
11% Jun
35
/
'
16
40%
1
'
'
97/a Aug
15 y4 May
Jun
STOCKS
American Metal
9
•-
,
28 V.
3%
47
34% -34%/
103% 103%
16%
80%
7
Par
Dec 28
28%
*10%
>.
-
108
*2
100
Amer Machine & Metals
July
*27%.
/
21%
45%
No par
100
Amer Mach & Fdy
3.90 % preferred
98
80
41%
No par
common
10% May 27
35
80
9%
No par
No par
21% May 24
94% Jun 10
7
80%
14%
2
lo
com
15
9
Dec
80
14 %
EXCHANGE
93
79%
14%
com
NEW YORK STOCK
24% Mar
79%
17%
50
31
'
6
28 %
17
40c
27%
27%
17
preferred
1948
4,300
90
*16%
14%
preferred
Locomotive
28%
90
No par
American International Corp.No par
American Investment Co of 111
1
9
900
28
90
6
t per share
12% Nov 30
72% Dec
Co
27 Vs
28
90
*5%
preferred'
Ice
*27
28
90
31%
Co
& Leather
non-cum
27
27%
1
American Home Products
Highest
Sep
Feb
year
Lowest
Jan
101
■i
conv
27%
*27"%
28%
>
3%
87%
38%
No par
American Hawaiian SS
27%
27%
27%
27%
9%
*101
100
18%
20
$6 preferred
.
Year 1947
Dec
10
com
8%
185%
16%
preferred series A-100
Export Lines Inc
Amer & Foreign Power com
$7 preferred
$7 2nd preferred A
13
Lowest
7%
Cyanamid Co
conv
*8
*17%
86
3%
80%
8%
98
185%
*41
*15%
100
•.
American
5
28
13
14%
3%%
12
Dec
106% Mar
18%. Jun
prior preferred
400
:
*8
*92
17%
28
.*8081%
No par
1,600
98
186%
86
*103% »104%
Colortype Co
10
Crystal Sugar com—10
15
Co——
26%
102 Vs
17%
27%
11%
21%
*107%
65
26%
*100%
185%
88
27%
34%
87%
*63
26%
18%
58 >/';■'/- 57%
21%
' "21%
63%
>
63
*63
65
187%
3%
>,
*3%
;t 47*43
99% ; 99%
100%
*36%
37 '
36
7%/. 7%
7%
.
900
*17%
27% j'
27%
<
47%
187%
*26%
79%
:
47%
101%
8%
27%
*10%
preferred.:—No par
non-cum
*8
47%
18
.*3%
/
8 %
4,400
*93
*84
27%
i 34%
100
Cable
Chicle
Range for Previous
80
&
American
16
28
27%
27%
79%
V
8%
23/4
26%
95
85
21
1
*93
2%
101%
28
*57
>
95
•A
120
2%
*64
25%
102
*93
2,200
V
.
47%
65
25%
102
7,700
67
185
h
.
"64
26%
3%
143/a
*65
2%
48
102
66
105
3%
14%
18
*44
.
2%
*47
*100%
3%
14%
66
66
2%
105
3%
14%
•
185
18%
31%
Chain
95
8%
*65
65
25%
101%
*93
V 31%
'< Jun
1 %
:
*64
26
102
' -*8
8%
185
27%
'
66
25%
*100
95
*
27%
;
*64
No par
22% Jun
13 Vs Dec
66
25%
101%
No par
94
14% Mar 16
47%
American Car & Fdry com
7%; preferred
23
25
47%
American
28
Oct
47%
174%
Dec
43
*46%
174%
14% Dec
107% Jun
2%
100
81
~
2%
27%
25
preferred
European Secur
x34%
Dec
3
7%
American
Apr
9%
55
May
18% May
110
4
Dec
:
2%
*84
Inc—Ll
Distilling Co
Feb
42%
12
28
Dec
15
49% Jun
100
Amer Cable <fc Radio Corp
American Can Co common^
14
100% Jan 21
27 ; May 21
5
104 y4 Jan
Jun
.
i
Encaustic Tiling
Feb
9% May
Nov
18% Mar
24
92% May 14
177
American
Jan
Apr
'
61
18
.'American
7% May 20
19% Oct 26
25%
May
6% Jun
31
31
2
115%
6
preferred-^—
Broadcasting Co
Jan
Dec
90
10'A Dec
2%
.
No par
cony
*100%
*64%
.*26%,
.
v,
-50
—
com
105
3%
184%
Corp class A—.1
Shoe Co
5
Dec
22% July
Dec
76% Feb
163% Oct
Feb
Jan
4%
Brake
American
6%
49
Amer
49% May 21
20% July
July
5% May
preferred
American Bosch
>11,500
14%
*18
100
L.10
common
22%
3%
*8
100
preferred
6,800
14%
*93
common—-j.—1
conv
11
Dec
37
6%
'
r
3
t
Airlines
cum
26
17% July
Dec
111 V Jun
3
3%%
American Bank Note
600
18%
3%
25%
.No par
Chemical_No par
Feb
Dec
74%
American
1
*100%
29%
17%
01
14%
*64
4
29%
29%'
3%
47
1,900
18%
14%
2%
1,200
19
40
217/a
3%
66
46%
18%
*36
18%
14%
.
1,000
21%
65%
;
46%
40
2,200
3
18
14%
*100
Petroleum Corp
Agricultural
105
75
21%
65
2%
.Nopar
.1.
94% Feb
2
7%
'Amer
May 19
14% May 14
43% May 15
31
i
.preferred
3%
*100
*29%
15
'
.
No par
25
16
86
'Amerada
Mar 22
70
3%
105
28%
67
*46%-
Leather: Co com—1
6%. convertible preferred—
—50
Mar 22 J
'
3%
*100
28%
14%
•
Amalgamated
>29% July 13
9
*
r
105
28%
*65%
No par
common
Alpha Portland Cement
9
10
9
Inc
Feb
6%
Jun
28%
46%
19%
Shares
77
*2%
18%
*36
28%
17%
*28'A
73%
*70
46%
19
40
21%
No par
Jan
46
38/a May
13
Nov
3
'
Sep
54%
May
94
18
21%
5
Corp
conv
*
;"7%
Dec
17%
20%
1
—
3%%
May 21
68
16
23
9% Mar 17
31% Dec
»«
:=T5%
Nov
18% Mar
58% Feb
110 % Nov
'
17%
20%
•
preferred
—100
Allis-Chalmers Mfg common_No par
3
52% Jun
24
ey8 Oct
77%
May
36
121
Dye
4%
'
6% May 17
Jan 72
j
20
&
Co
Allied Stores
3
Jun
Kid
Allied Mills Co
50
47
.
■
Chemical
Allied
31% Oct 20
24
34% Dec
Jan
653i
10
10
83% Feb
Mar
31
Nov
98
Nov
Apr
Dec
'
44
*
Dec
20'A. May
Dec
Allied
42% May 27
29;
6
3 % Nov
Apr
Mar
73
26% Dec
Oct
Jan
16%
gtd„100
.'
46%
18%
*36
20%
*100
No par
-Allen Industries Inc
46%
19'/a
40
20%
1
par
46%
19
*35%
17%
100
conv
46%
40
20%
$2.50 prior conv preferred-No par
30
Jun
A_i
3
for
the Week
S per share
74
19
*35%
Sales
Jan. 21
77
3
17%
—1
Allegheny Ludlum Steel Corp_No
May 17
91
preferred
74
*70
3
-
1
10
;
74
77
*2%
28%
100
common—
*73
*70
3
28%-
_5
common
74%
77
3
46'A
19
40
73
*70
3
46 %
19
-
72%
Friday
Jan. 'JO
9 per share
:
—100
preferred
5%%
34% May 20
37% May 15
3
Mar
Inc
Allegheny Corp
14
18
xl71
NOV
997/a
«
Thursday
Jan. 10
I per share
77
2%
46%
*35%
No par
—■
&
4%%
Apr 23
11% Jun
22
29'A May
Jun
—
Inc
72
*70
3
'
May 21
May 24
23% Dec
May
91
19
:
No par
Vicksburg Ry
Alaska Juneau Gold Mining
May 13
48%
30 % May
—_1
___
Corp
Reduction
Alabama
23
164
y;
Admiral
4% May 15
37
202
Co__
Corp
72
Wednesday
,
Jan.18
t per share
9 per share
77
*
*45%
•
Addressograph-Multlgraph Corp„lo
4% May 20
21% May 21
80% Jun
2
767/a
Dec
3
-10
Express
Adams-Millis
May 18
Feb
104
72
*70
2.50
Tuesday
Jan. 17
9 per share
k
No par
Co__J
Monday
,
•
44
v
Motor*
Steel Co
Adams
'27% May 15
100
10V2
1
Feb
6%
Dec
90% Nov
ACF-Brill
.
Jan. 15
_No par
& Straus
9
41% July 27
22% Dec
8
Feb
Laboratories
Abraham
23% May 15
46% Jan 27
14% Feb
35
27 ys Dec
31%
Jan
>■
55% Jun
102% Aug
5% Feb
23/4 May
25% May
56
28
Oct
Dec
16%
75
44% Dec
Oct
387/s
Abbott
2
LOW AND HIGH SALS PRICES'
Saturday
"
Par
May 14
6% Jan
Jan
112
Nov
100
31
;Oct
10%
May
25 Vs
79% Jan
1
Dec 27
18%
'■
$ per share
2V2 Dec
40'A
*
*
YORK STOCK
EXCHANGE
Feb
55
.
May
30% May
100
63% Oct
76
July
Dec
NEW
1048
Highest
$ per share
Jan
110
Jun
57/s
year
Lowest
Highest
13
105
103
55
*54
22%
11
*3%
4
27%
28
22
*10
3%
28
6 %
54
103 %
92
80
6%
3,500
543/4
55%
320
33%
34%
10,600
33%
341/4
760
*27%
28%
300
*102
104 Vs
55
54
54
22%
22%
22%
11
3%
28
100
6%
*10
4
28%
50
200
6,500
11
4
28%
600
2,300
••
14
COMMERCIAL
THE
(386)
STOCKS
Range (or Previous
I per share
Highest
Lowest
Highest
$ per
3 per share
$ per share
»
share
"
'
/■■■
NEW YORK STOCK
EXCHANGE
Range for year 1948
Year 1947
Lowest
STOCK
YORK
NEW
"
,
,y'
;
V.»V
•
Jan. In
•>
t per share
Par
CHRONICLE
Monday, January 24, 1949
RECORD
Saturday
c
V
'
.
FINANCIAL
&
LOW AND
HIGH
SALE
PRICES
Wednesday
Tuesday
Monday •Jan. 17
Friday
Thursday
for
Sales
Jan.18
Jan. 20
$ per share
t per share
Jan.19
$ per share
i per share
tper share
Shares
25%
25%
26'/a
"10,900
93
92%
93
the Week
Jan. 21
"
24s/b May
99
May
9% May
37ya
Feb
23% Nov
29
32y2 Oct
Feb
89
Dec
17
101% Jun
25
21
15%
Oct
6% Dec
130'/a
4%%
Jan
68 y2 Dec
Jan
9
38%
Jun
55
Jan
41% Feb
10
56% Jun
11
Dec
110
Feb
88
Jan
29
99y4 Jun
14
103
Nov
9
Dec
14
Sep
10% May
19
Jan
13% Dec
Feb
11% Dec
28
12% Mar 16.
Dec
20%
Feb
Dec
132 y2
Feb
98
99
Dec
134
Feb
87% Dec
Dec
17% Aug
May 27
28
111
May 10
3
106
July
Jun
11
Sep
26
Jan
May
99
Jan
81
Feb
Dec
112
Feb
96
Mar
35
5
Dec
66
x98
120% Sep
107'/a Jun
62
64% Dec
23
Dec
23
24
July 14
10'A May
183A
Feb
40'/a May
59
Feb
44% Dec 21
23'/a
Jun
343A
Feb
25% Jan
62
Jan
77
Mar
66
Sep
10
81
31%
Apr
40
Dec
30
Feb
21
50l/a July 12
Nov
91
*
113%
105
9
,73
Dec
121
22 y4 Mar
27%
53A May
12%
99
Dec
18%
Dec
29%
Dec
27 3A
Jan
4% May
7%
Feb
36%
Dec
,
24% Jan 20
'
9V8May21
63/8 Dec
Nov
'9
10
7% Oct
26
22
46
,
,
2
Jun
May
24% Feb
13% Feb
11
HVaDec
23
7% May
16%
Feb
10
11 Vs May
25'A
Feb
15% Feb
13
Dec
137A
Dec
16
16% Jun
17% Jun
■
3
3
Jan
69
Feb
60
Feb
11
42'/a
Dec
55%
Jan
40% Nov
30
59
Dec
21
93A May
"May
18
16%
13 '/2 Feb
Feb
x20
28 '/a July
10
Dec
54 »A
Jan
393A
Dec
31
8%' Dec
18
Jun
35 3A
Dec
83 'A
Dec
17%
Dec
96'/a
Dec
5% May
19%
NOV
Jan
30% Dec
80% Sep
17
108%
69
Feb,
12
90.
8% Jan
Jan
100
'■-*
2
Dec
4U
Feb
Jun
39 y4 Mar
32% Feb
18%
Oct
14% Feb
16
10% May
18%
Jan
107/a Nov 30
163A May
95
Dec
24%
Jan
14% Dec
12% May
30
90% Dec
1063A Aug
-May
17 3A Sep
39%
253A
Nov,
2iy» May
28%
26
Feb
Jan
28
23
New
8
*4
-
—2
19% Mar 22
24y4 Jan
>
Bell
;
2
9
30
21% Jan
2
1
16
3
;'.
4%,%
——
i
common
preferred
9
<87y2MarlO
July 23
Dec
35%
Jan
23% Feb
14
19%
Apr
32%
Oct
25
Feb
17
30% Feb
27
39% Oct 22
Bethlehem Steel
Mar 16
139y4Julyl4
-
150
125
Jan
26% Dec
13%
Dec
18%
9
Jan
Nov
30% May 24
8
Best & Co—
37% May 27
v.
Best
25
May
12 V2 May
24
14% Jan
14
26J/4 Dec
Jan
xl3
Feb
Feb
18%
41%
24
19% May 18
&
32% Mar 15
44% July
Bloomingdale
10
29% Apr
9
8
59
Feb
20 :';■■
37% May 18
Dec
116
Jan
57% Dec
31
96
Jan
12
Dec
67
Jan
30% Dec
29
51
Jan
Bohn
19
88 V2
Dec
3Va May
32
May
35%
Feb
16% Dec
Jan
Oct
102
Sep
87% Nov 30
6%
42% Feb
Feb
Feb
13%
13
-
Jan
18%: Feb
6V4 Nov
96
31
71
28
11% May 15
x27% Mar 17
40 y8
Feb
Feb
25
Nov
30
63
30%
Nov
Jan
25% Nov
Dec
109"%
Apr
92% Oct
Dec
28%
Feb
36% Jun
4
15%
15% Mar 16
8% Dec
36% Jan
Jun
Dec
106%
Apr
20%
Dec
27%
Feb
2
27
23% Sep
17
13% May
20%
Nov
12 Va July 26
17% Feb 14
Jan
9
May
Dec
25% May
125
NOV
120
Sep
22
■
Feb
33% Aug
.
65
Mar 30
Bond
.«■•
11% May 15
,
.
78 y4 Aug
Jun
11
12% Dec
29
14
21% May 15
43% Jun
1
Feb
16% Dec
81
Jan
77,
16%
Jan
12 % Feb
6
May
10
Dec
72
Jun
88
Jan
11
Dec
79
Dec.
24%
Jan
Dec
3
13% May
94% May
19
May
79
88
Jun
3
Jan
6
17% Jun
3
.
A 10 %
114
Mar 16
Dec
3
Jun 18
100
13
July
Dec
15% Jun
10
28 .89
102%
103
102%
102%
103
104
13%
13%
13%
14
14
44%
44%
44%
44%
44%
45
45%
45%
45%
55%
55
55
*54 y4
55%
55,%
55%
*55%
56 >/2
80
80
80
*78
80%
80
81
*80%
85
37%
37%
37%
37a/a
37
37%
36%
37%
6,900
108%
107%
108%
390
96%
*103
yt
105
*20
5
Jan
Co.
Terminal
24
Bush
Term
Butler
2
9
Butte
Co
98% Jan
15
Oct
23% Feb
11
•
July
35% Jun
7%
9
16
.Byron
V'.
''
(A
'
840
21
*5
14%
102%
102%
,*20
*103
102%
*20
21
21
*13%
21
*20
20
■•
—M,
—
5%
14%
5%
*5'/a
5%
1,100
13%
5'/a
14%
*13%
5%
103 %
103
1041/2
*20
5%
13%
13%
13%
200
"
6%
6%
12%
12%
7'/a
7
*
6%-
42%
7%
1,300
6%
6%
67/a
7%
13%
13'/a
13:%
13%
13%
7%
7%
7y«
7%
13,500
*42%
43 y2
43%
43%
400
7%
43
43
42%
7%
6%
13 %
*13
14%
14 %
11%
11%
12
10V2
21'A
10%
10%
20%
21%
23
23%
7%-
7
*42%
44
14%
10%
14%
10%
21%
23:%
.
*14%
14%
.
7
,14
600
,
'
67
46
14%
14%
ll7/a
12
11%
12
11%
11%
10%
10%
10%
10%
10%
10%
20%
21%
20%
22
21%
22
21%
22'%
12,300
4,700
-23%
23 %
23
23
22%
23
*22%
23'A
900
67
67
11%
67
>
r
68
*67
67
67
46
46%
46 %
20 y8
20%
47 >'-•
20%
*46
20%
*45%
20%
,
1,000
14%
14%
12%
10%
*14%
'
23%
69 ■
46
>
*67
7 46
*20%
21
4,700
,
,
150
67
67
300
47%
*46'/a
47%
.
,••
20% .20%
,>900
*37%
38%
*37%
38%
*37'%
381%
45%
45%
45%
45 y4
45 V2
45'%
45'%
11%
iiy2
11%
11% .111/4
400
,
<*ll
*17%
i*33%
50
10
.7-1
—1
—10
*30
*89
91
14
14%
31
34%
15%
13
15%
31
34
15%
*12%
•
15Mj
*90 Vs
93%
32%
33
135
135
267/s
267/8
10%
10%
9%
23 .
*75
*94 <
25%
30
32%
135
*27
32
17%
17%
*171/4
17%
900
34 y2
34 y2
*34
35
500
91
90
90
*89
91
19%
y
Z
'
*71
•
12%
7*30%
15%
15%
32%
32%
33
9%
9%
23J/4
231/4
*75
77
*75
95
95
15%
15%
500
13
14%
15 Vs
*91%
93%
33
33%
32%
33
9%
23'/4
77
95%
96
/I'Zfii.-,8,100
■
*25%
23 y4
800
.77
L.:-. n
95%
1,800
■;Z>
10
10%
23%
*75
95
100
13
*12%
-
13%
93 V2
23%
77
*94
15%
*10
10
95
"1,400
15%
23%
77
35%
*12%
32%
9%
23 y4
35%
*91%
15%
93%
10'/a
10
353/s
*15'/a
13
*12'/4
*91
1,400
32
*301/2
.
f
35%"
15 Va
16;
32
10
2,600
-»
10 Vs
9%
9%
*30%
34%
93%
71
—
32
34%
10
1,100
19%
14%
14%
12%
15%
*90%
19%
71
400
600
97
26%
900
V
2 6'/a
26%
26%
26
26
26 y8
26 Vs
30%
30
30
30 Va
30 Va
30%
30
30 '/4
3,600
32%
32%
30%
33%
32%
32%
32%
32%
32%
32%
26,400
135%
135 %
136'/a
1361/2
800
27%
27%
1,700
*10%
10%
700
1351/2
135'%
27%
27
27%
27%
27%
27%
27%
10%
10%
10%-
10%
10%
10%
10% '
135
HIGH
SALE
Tuesday
Monday
Jan. 17
Jan.18
135
135
PRICES
S per
Sales
Shorrt
I per share
t per share
t per share
29%
29%
29%
29%
29%
*29 Vs
29%
291%
29%
29V2
13%
29%
13%
10%
13%
13%
13%
13%
13%
13%
13%
13%
13%
13%
809
10 1/4
101/8
10%
'*10%
10%
10%
10 »/4
10%
10%
2,000
13%
13%
13 '/2
13%
13%
10V2
10
*13
13%
13%
*38'/2
40 V2
21%
22i/4
41
*39
*39
22%
21%
131/2
*39%
22%
*13
41
*13
22%
22%
22%
share
*29
.41
*39
41
22%
share
*39
22%
26%
26%
300
41
22%
231/4
600
131/2
27
25%
261/4
27
26%
601/a
61%
60
61
x60
60
61
62
60
25
26
25%
27
x26
26%
26%
26%
26%
16%
16%
16%
17 »/8
17%
17%
2,500
26 Vis
16%
11,400
62
27
17%
,
27
27 *
26%
16 V2
16%
16%
16%
40%
51V4
40V2
40 Va
40 Va
40%
40%
40%
40%
51%
51%
51%
51%
52%
51%
52%
' *91V2
96i/2
*91%
94%
*91%
96%
*911/2
961/2
*2V'4
21/2
*2%
2%
*21/4
2%
*2%
2%
*33 V\
341/8
7%
34»/8
-34%
*33%
7%
*35
28%
281%
31%
31%
*97%
99%
99
20%
201/2
20%
21
9%
9y4
9V4
30%
311/4
*30%
*95
No par
pfd—100
preferred
100
8%
651/2
33
34
2,009
5,000
*2%
2%
34»/4
34Vi
34'%
500
8%
81/4
8'%
7,000
21/2
34%
8%
42
*40
-
42
100
42
1,000
8%
8 Vs
8%
81/a
800
30%
30%
30%
30%
30%
30%
1,500
28 '/4
28%
*23%
28%
28'%
28'/a
500
32%
1,700
8
8
*28
8
T'
*99
32%
32«/2
*99%
100 %
*99%
211/4
21%
32
32%
100%
32%
32 :■
100
9%
9%
9%
9%
*30%
30%
*30 y8
30%
*95
97
*95
97
19%
20
20
*20
15%
15%
16
1/2
21%
21%
22 y2.
10 '/a
10»/«
10 Va
30%
a%
30%
100 Vis
9%
2
21%
97
33
13%
*13%
14
*33%
34
122
r
30
;
5,800
10.000
30%
*30%
31
*95
97
*95
97
20%
20
20
*20
20%
400
15%
15%
15%
15%
4,600
..
300
15%
*121
80
87/«
8%
66%
66'%
67
680
*32'A
32%
32%
321/4
*321/4
32%
300
89%
"*32'/4
*89
89%
89%
*89%
91%
*89%
91 %
34
18%
18%
14%
14%
14%
14%
600
34
34%
34%
34%
600
18%
,18%
18%
18%
18%
18%
8,200
89%
*89 Vis
90
89%
*76
80
*77%
.
-•
80
*89
8 Vs
,
112 %
112%
112%
8%
8%
8%
*76%
78
78
*76%
*112
*77%
*75y4
80
15%
•
■
15%
8</4
8%
112
112%
8%
*76%
8%
9
78
77
3%
23'/4
*23Va
23%
23%
23%
102%
rl02%
1021/2
*102
2,100
112%
130
9
9 Va
9'/«
3,200
78
78%
78%
120
81/4
15%
3%
25%
25%
35%,
*541/2'
35%
*1%
1%
3%
25%
*3%
26
26
35%
35%
3%
3%
,
1
3%
600
23 3s
102%
25%
7,500
8%
111%
15%
23 %
23%
24%
2,500
102%
3%
3%
23
-.7 v*
15%
8%
112
■
*
*101
26%
>/
310
80
80
23%
*3%
90
79
*75
1021%
3%
90
*76%
80
15%
81/2
91
79
•■*75
15I/4
*8%
8%
8%
78~
8%
15%
151/a
112%
*109V2 1121/z
/
*75
80
8
100
14
33'/2
78%
15
8,700
14
V
89
*75
•
8%;
9
33%
14
■*13%
•; 34
881/4
15
8% /
122
8%
66%
"
:*75
*14%
*121
8%
66 '/a
1
18%
*76
'
122
8%
65%
8%
66
18%
18%-
*121
122
15%
32%
8%
*65%
89%
34
79
*121
8%
66
*88%
90
*89
*76
122
89%
;
a :
t
8%
65 y2
8%
preferred—100
No par
*121
122
*76V2
.
*3l/a
23%
*101V4
.*25y2
common—_No par
41
52%
961%
^
15%
*121
/
8%
65V4
.' 34
,*88%
*13V4
*33 V2
18Va
.
_1
,6,900
28%
31%
98%
32
51%
*92
961%
450
1,050
.1
30%
*77/a
30V2
7
52%
2%
42
40%
40 y2
52%
8%
*39
42
*36
42
7%
7%
8 Va
8%
40%
*92
34
34
34
8
30Va
29
*97%
20% 7
7%
30
8
30%
.
/
•
7%
42
*35
*7%
,*-30 y8
,*28 V2
32
^15
for
the Week
Jan. 21
Jan. 20
Jan. 19
$ per
Friday
Thursday
Wednesday
.
26%
-—/
•
19 VS"-
73
19%
19%
72
*71
23 y8
*10V4
/1 per share
•
17%
15%
*15 "/a
'-■x—
5,100
34%
35%
35
32%
32%
,
*30%
'•-■■
*89
::
73
»
11%
.
i7y4
.
19 >/4
19%
11%
,
*33%
17%
34
i
*71
14
11%
.
a%
=,
32%
97/a
23
77 "3
94V4
26»/4
30%
,
•
.
'
93'/2
7,' 94V4
*25%
f
19%
73
13%
—
23
*75;
,
91
18%
31 35.%
15%'
13V4
15%
32%
9%
11%
17 %
34
*71
14
:
17%
34
*89
18%
72 ;
—
*90%
17%
33%
17%
33%
91 -
*89
.*30
*34
*15'/a
*13
*15y2
*11
11%
.
7 18%
*70
*13%
15
.
4,300
56%
6H/2
:
M)
'!;
'
'
.
22%
56%
38%
—_No par
participating
Jackson Co
*
98
22%
57 %
43
100
& Zinc-—__5
Copper
Byers
97
22%
57;%
26Va
common—
4% May 18
105
98
22%
58
"45%.
preferred
■,:.;£ 27% July 14
98
22%
57
*37%
1
3.60%
Inc
Bldg 7%
Bros
4V2%
/".
98
22 *
38%
5
•.Burlington Mills Corp common—-1
4% preferred
i._100
3V2%
conv
2nd preferred100
3%.% preferred
--i-—100
Burroughs Adding Machine—No par
Bush
97
26
/
:
Co
1
700
97%
45%
100
No par
;
Watch
300
700
61V2
common
common
Buffalo Forge Co
Buff Niag El Corp
Bulova
1,20 9
57%
14%
11 %
,
Co
j.
Co
1,309*
22 '/a
.15
preferred
cBullard
108%
108 %
5
1
Inc
preferred
108
1,009
?
97%
Z
5%
*13%
108%
xl02%
21
5
,4%
14Va
7,
13V4
'
36%
5,700
.
56
21%
56
56
32
22
98%
*21%
-
;
*lud
108
317/a
1
Co
Mar 17
16
Oct
Jan
27 %
103%
102%
13%
31%
No par
Bearing
2% Mar 17
Feb
6
22%
104
97
/
Apr .13
8% Dec
73
•
21
7% Nov 10
Feb
108%
17 ,/;> 24% Jun
Mar 31
72% Dec
7%
$5
15
29% Feb
95 V2
103
102
13%
43
—No par
-
preferred
Budd. (The).
75/ July 12
.,
Feb
Jun
102%. 103%
102
13%
15%
Feb
12% May
103
101%
13%
15%
38%
84
102
102%
*107%
>
22
102%
13'/a
Bucyrus-Erie Co common—_——5
Apr
Feb
Shoe
317/a
250
44%
«
$3.60
31%
1,500
*37%
^—5
Airways Inc
2.50
Brewing Corp of America
.-15
Bridgeport Brass Co
No par
Briggs Manufacturing,
—No par
Briggs & Stratton
:
No par
Bristol-Myers Co common
Z—2.50
3%% preferred ———:—;—100
'Brooklyn Union Gas.,——No par
Brown & Bigelow
1
Brown
50
317/'a
32
2Q%
No par
'
5
Inc
Roller
Bower
97
36%
98
98 ■
21%
21%
*55 / 56
*103
104%
2.50
BVass
&
(The)
Co
103
97
80
80
37%
108%
,■
1
'
Co
„
Stores
102
97
31%
1
40
Mar
1
101
*96
*53%
44%
55%
7
31%
100
44%
■
13%
-
96
6,600
V
13
101%
103
4%
'*13'/2
*6%
*12%
\' 67/8
99
96
100
109
.
13%
13
12%
101%
101 Vi
"*20
99
96
24% May 17
124% July 2
23% Nov
30% Dec 28
22%
101%
.v*13i/8
441/2
*53%
80
*36%
fc107%
99
66
(
z.v.::;'
31%
32
*101%
98%
9d
19%
Nov
104%
31%
99
*95
20
37%
100
98%
99
96
127/«'
*19
23%
Dec
99
*95
12%
Brunswick-Balke-Collender —No par
May
May
13
12%
'97
-v,
Dec
V2 May
May
*11%
13
12%
'.*95
14
14
13%
Braniff
5
26
80
■*11%
13
12%
150
249
109%
38%
44%
Borg-Warner Corp common
:—5
3%% preferred
100
Boston & Maine RR (assented)-100
90V2 Jun 21
80
13
*12
13%
12%
LOW AND
class A—
Co
B
Borden
.
Aug 11
102%
80
15
,No par
99
28
7% Dec
f
9
Feb
86%
26
15
Dec
14%
Feb
9
37% Jun
90% Feb .13
27
10
101% Apr
•
1
25%
95
Feb
34% May 18
•
13
'■'■•
69
25
10% May 18
10
31%
120
Jun
Dec
May
90
*141%
"Saturday
Jan. 15
Brothers
Aluminum:
Class
5% May 15
42
22
23% May
30
109%
15
.No par
—-No par
Co
i
Airplane
:j Bon Ami
May 24
7% Dec
26
...
66% July 13
11
1% Aug 26
32 Va Dec
Feb
96
Dec
9VS
27% May 15
44% Jun
9
37% Nov 30
55
Dec
7,' " Dec
81
22% Dec
49%
39%
109%
*14%
100
No par
No par
Laughlin Inc_"
Boeing
16
Nov
May
38% May
37% May
Decker Mfg
&
(E W). Co
14% Sep
28
89
25
109%
14 Va
com—No par
Blaw-Knox Co
,
Bliss
Dec
29%
45%
109%
14'/8
109%
98
20%
Par
Black
36 % July 15
19% Nov
Oct
Va
(Del)
t per share
18
11
Bliss
July'
14 Va May
109%
14%
EXCHANGE
2
13
Dec
28 y2 May
109%
NEW YORK STOCK
1948
17% May 15
9% Dec
May
14
year
/Highest
I per share
$ per share
36
109%
*14%
109
STOCKS'"-'
Lowest
Highest
x20%
110y2
_1
x—
Carpet
Birmingham Electric Co
37y4 May 15
Range for
Year 194?
I per share
"='109%
-1
:
4—'
Foods
Range for Previous
Lowest
*97%
*37%
100
—
7%, preferred
Bigelow-Sanford
Dec
97%
>44%
Bendjx Aviation
•*■
-5
Bendix Home Appliances—___33y8c
Beneficial Indus Loan, com-7
10
Cum pfd $3.25 :ser of 194,6-No par
Cum Pfd $4 div ser of 1948_No par
26% July
102%
Howell Co
&
24%
133'/a
49
97%
1
-t
RR
Belding-Heminway
Bell Aircraft Corp
15
Dec
j__x
Creek
Beech
-
20% May 21
-«
38% Jun
68
76
48%
98
50
Co
Co
103 % Jun
Nov
Oil
Beech-Nut Packing
17
9% Dec
75%
49
*97%
_il5
V-10
common
preferred
,
'
Feb 11
21
103% Feb
Dec
«
37% July 23
22
86% Dec
77%", Deo
9
"
5
Feb
75
48%
98 >/4
20%
Bath,Iron Works Corp
4
1
Bayuk Cigars Inc
•
No par
Beatrice Foods Co common25
3%.% ponv Rid
100
Beaunit Mills, Inc
—/2.50
Beck Shoe (A S) 4%% pfd—
100
Beech Aircraft Corp
_1
8
34% Apr
11
30 y4
4%%
10
(Delaware)
Corp
Brothers
Barker
Barnsdall
>
8
Jan
,
16,
7.
_—
29
Jan
22% May
6-
Dec
6
43 V2 May 15
16% Mar 10 '
20 3A Aug
j
15
16% Mar 31
23% Jan * 2
28
Jan
62
110%
Jun
45% Dec
45
11
9
Nov 10
15% Dec 27
Feb
24%
Feb
14
Oil
Barber
May 14
28% Jun
,
36% Nov 29
20%- Apr
45%
74 va
48%
98
*74
llisf
,
i
1
Works—!—13
60
11
l,j.0J
1,600
75
48%
98
167/8 July 13
,
75%
49%
75
48
97%
INo par
Baltimore & Ohio common
100
29V2Julyl4
4% non-cum preferred
i—100
31V2Jun 22 ; -Bangor & Aroostook ;common—_50
80% May 12 ..>■
Conv
5%
preferred
.
100
Marl6
75
49
75%
47%
97%
751/2
*12
B
Babbitt (B T) Inc
Baldwin Locomotive
>
180
13,400
7%
7%
7%
48
75
13%
12%
common—3
(The)
;
7%
7%
7%
7%
*96%
12%
'
-
92%
*12%
$2.25 conv preferred
s
25
93
No par
common——_No par
Corp
Mfg
Avco
...
25
93
7%
15
Conv prior pfd ($1.20)—Noyar
Autocar Co
J.
1—5c
Automatic Canteen Co of Amer—5
8
19 1
26
35% Jan
Jan
.19% Jan
•
Nichols
Austin
16V4May21
29
10 '
4% Feb
-
,
,
19
xll
Feb
49
27
24
12% Nov
Jan
15 y4
8
Oct
20
,
Feb
17y2
Sep
Jun
4% Dec
Jan
Feb
13'
99
25% May 21
64y2 Apr 16 '
114
Jan
9
.
48y2 Aug 27
July
July
,
May 22
114
9
Feb
xl9% Nov 28
26% July
Apr
111*/a
Feb
91
Aug
21% May
57
102
Sep
Defc
105
6
24%
93
*14%
Atlantic Coast Line RR_x—No par
Atl G & W I SS Lines common—1
5% non-cum preferredx—100
Atlantic Refining common
,-25
4% conv preferred 'series A
100
Preferred $3.75 series B__x—_100
Atlas Corp
———.-5
Atlas-Powder common_No par
4% conv preferred-^——
;100
Atlas'Tack Corp.,
1—_V„No pgr
,
25
93
77/2
15
Atch Topeka & Santa Fe corn—100
5% non-cum preferred——x_100
A T F Inc
i_
——10
3
19 y2 Jun
24%
-
*47 y4
_■—100
100
Associates Investment Co
-10
2
3
31
13'A Dec
7%
common—1
Associated Dry Goods
6% 1st preferred
7% 2nd preferred
9
11
,,
25
93%
7%
93%
24%
93%
*14'/B
Artloom Carpet Co Inc
9
19
34
25
>
24%
7V2
of Illinois •■com—5
prior preferred—No par •
$6 conv
July 12
18% Jun
2
24%
93%
•
Co
Armstrong Cork Co com—-No par
$3.75 preferred
—No par
$4 preferred conv
—No par
Arnold Constable Corp
._
5
7
115 y2
9
17%
99
13%
106
21
—10
com
preferred———100
conv
Armour &
15y8Mayl9
91'A
103
Steel Corp
Armco
23
109 '/a
102'/2
*102%
103 %
*25%
26
26
40
26
700
" '..
C
2^%
Apr
51%
Dec
1%
Dec
27% Mar 17
Jan
34%
X55
52
Dec
3%
61/4 May
21% May
12% May
34%
Oct
17%
Feb
110
Dec
38
Dec
18
Dec
9% May
33%
Nov
For
Feb
Feb
8%
132
Jan
1% Dec
5
5
22
40% Jun
54% Sep
3
25%
May 17
Dec
21
8% May 21
29
31% May 7
15% May 21
9
Nov 29
101% Nov
4
119
Feb
37% Dec
29
44
Feb
15
21% Dec
■'
Feb
48%
=<
15
14% Mar 16
Jun
2
May 14
10
Mar
4
19% May 14
38
Mar
1
47% Dec
24.
,*35V2
*54'/2
_1
1%
Zinc-Lead
'Callahan
Calumet
&
7
Hecia
Cons Copper
Campbell W & C Fdy_
Can
Dry Ginger Ale com
$4.25
conv
preferred
•Canada
Southern
'Canadian
Feb
Dec
page
Packing common—No par
preferred
50
Canadian
15%
see
5%
X19 % May 26
47%
footnotes
'California
Cannon
Pacific
1.66%
5 Vs
5Va
*21%
22%
.10%. 10V2
35V4
*54V2
35%
1%
1%
5
22%
10%
25
13%
13%
107
*39
*16%
13%
No par
*43%
44 V2
*44
No par
Ry Co_.——100
Breweries
Mills
5
No par
36
56
1%
Ltd
Ry
;
No par
*106V2
^ *39
.*16%
.
107V2
39%
17%
56
*54%
1%
56
1%
5%
5 Va
5i/4
22 »/2
22%
22%
11
11
11%
107
107
107
5%
*22
56
5%
23
11%
11%
107 Vis
107%
39%
39%
39%
*39
39%
17%
17'/2
17%
*17
18
14
13%
141/a
13%
14 Va
44%
44V«
44%
*43%
44%
35%
*54%
1%
35%
56
1%
35%
*54%
1%
35%
1,700
56
1%
1,300
5%
5 1/4
51/4
51/4
*22%
23 %
22%
22%
300
11%
11%
11%
11%
11,900
*107
109
39
39
*17%
18 Va
*107%
39
*17%
109
39
3,000
•
150
50
18 '/a
200
13%
14
14
141/B
15,900
44%
44%
44%
44%
400
Volume 169
Number 4771
THE
COMMERCIAL
&' FINANCIAL
STOCK
Year 1041
Lowest
II
Range for
Highest
I per share
$ per share
50
14% "Feb
Apr.
Ma j'
51/2
57%
Dec:
Dec/
Dec
5
39%
50%
"'• •
•
A
.
STOCK
YORK
EXCHANGE
Par
.26 Vi Dee
30
Nov
Nov
Dec
22
Feb
Jan
Dec.
156
Apr
19% May
32%
19%
Dec;
21%
22Va
Feb
10
105
-
11
140
'
May 27
28
,
•17% Dec
28
20 Va Jan
5
5 %
18% Feb
7
Central
.11% Sep
12% Jun
30
6% Feb
28
5% Dec
17
20
67/a Dec
29
.
100%
7.7'/2
Dec
Jan
116
Feb
Dec*
96%
12%
Jan
83:
39% Nov.
27
Nov.
Oct
10 Va Dec
14%
:
11% May
Feb
t* 7% Deo
118% Dec
12%:Nov 30-
19% May;
100% Dec
Jan.18
f per share
28% Apr
1
Jan
14
26% Jun
11
Oct
Dec
Dec:
Feb
16
100% Jan
28
•: 15% Jun
8
90
54%j Jan
31% Dec
31
102% July
7% Feb
Apr
.76% Dec
28
Feb
30
11
5% May
6% May;
4
12%
Jan
7% Feb
12%
Dec
9
Nov
Feb
6
Jan
15%
Jan
10%
Jan
7% Jan
2
6%
Feb
,
2
4% May
2% Dec
6% May
23% May
14%
Feb
38%
Feb
8
,9
Jan
29
de
Pasco
convertible
56%
96
&
23 3/a
233/8
7va
7vs
4% Apr
Chicago &
Milw
Series
St
A
Paul
P
&
preferred
Chiids' Co
5%%
101 V* May 26
9
Feb
4%
Jun
C
8
3
7'% Dec, 28
75% DSC 21
Jan
20
Feb
15VaJan
21
23
May
34%
Nov
27% Mar 18
85
Jun
95
Jan
34%
Nov
Dec
89
6
.
May 24
38% Aug
July 12
5
July 12
176
•
29
88
Jun
34% Feb 10
43
Dec
31
jun.
.7
5%
34Va Apr
9
15
108V2- Jun
25
5%
91%
'
78V2 May 20
47% May 19
Cleve &
18% Mar 22
Dec
Year
f per share
141
Jun
65 %
33
10'
147
87
105% July
Aug
12
16
Feb
9 Va Dec
20
Feb
Feb
32%
Apr
11
Jan
32%
20
Jan
12%
20% Dec
Oct
Dec"
63
86
30% May;
36
17% May4
Dec;
20% May'
2% May'
,-v
4
Dec
-123%
Jan
25%
Nov"
8% May
26% July
,
Dec
30-
jkh
23
Jan
,'2
Nov 30
: 2% Feb 10
XI6
90
25
33% Jan
Dec
Nov
14
30
14 7/e
Jan
8% Dec
29
33 V4
Nov
27%.-Dec
28
30
35%
Feb
X24 '/2 Dec
Apr;
.
9.
4
4% May"
21
Nov
104% Nov
Feb
7
29%
4"
21 J
Feb
■108% Mar
Sep1. 8
Mar
103% Feb
5
32 Va
M"ay
3% Oct
106
19
Apr
27
29% May 14
11% May 20
36% July 12,
May 21
6>/a May 21
25 V8 July 12
32
11% Mar 16
x18Vb Jun
.
11
Jan
19
Dec
19%
Feb
10% Dec
8% Dec
31
15% July
7% Nov
10
38%
Feb
Feb
29 Va Dec
32% May
94 'A Dec
11%
Dec
94
Dec
30 %
Dec
ffco
48
104% July
'33 V8 Dec
1
42% Jan
5
Oct
18
99% May 25
20%
Feb
106%' Apr
44%
Feb
110% July
95
Dec
9
May
13 %
Feb
10% Mar 17
17% July 13
May
55%
Dec
For
footnotes
se*»
negp
84% Mar. 23
92V2 Sep
29 Va Nov
40
May 15
99
July 13
30
Oct
■7
8% Nov
10
92
48% Mar 17.
va.
inc.r.No
,
3
27%
Continental
Insurance:
21%
'
a 42%
27%
*71/2
35%
27
27%
v2,
30
49%
49%
49%
49%
34%
343a
343/8
34 Va
71
72
73
74
72%
73
16%
16%
*12%
13!a
*i6
3a
16%
43/8
4'/b
4
55%
*54%
*12%,
13%
203
16
16
56
*35
36
*4%
55
:
>'
*35
36
56
V
57
28%
29
:
200
213/a
4%
*35
273/4
27%
573/8
28,400
28%
231/4
10,100
102 %
100%
1013a
21%
21%
*21%
43
43
v
.
*28%
28%
71/4
7%
7%
7v4
22
43 '/4
*80%
84%
*80
18
*17%
17%
*17%
177/8
*171/2
28 %
28%
*28%
*155
185
*oU%
29%
185
*80%
i.j
29%
7Va
185
82
id/8
29%
62
1
i
29%
*155
39%
39%
39%
*110%
111 1/4
24.%
*2 3%
243a
107
*106
x39
111
*10o
107'%
72
*70%
72
70.%
*39%
41
*39 V8
14'/a
13%
85
29v2
*5
5%
293/4
29%
80
14'/a
14
30
30
140
80
24
39%
393/8
39%
111%
111%
10
111%
24%
*241/2
*106
10/%.
70%
701/2
39%
'
va
30
5»/a
,
30%
*138%
*106
70%
41
39%
*106
72%
411/2
i
140
*o0/2
Saturday
Jan; 15
Monday
20
30
5,900
151
32%
■
15 vb
15
15 Va
203a
29%
29%
2,100
1
va
5va
5 Va
2,300
30 Va
30%
1,600
30%
301/4
*138%
140
80%
140
bl
80%
;
-
*138%
81
v
16%
16%
18
11
*144
bl'/a
100
83
4u0
17%
:
-.901/4
90%
90%
92
16%
16%
16%
16%>
.18%
18%
18%
19%
18%
,18%
13%
11%
.ll'a
22%
10%'
22%
33
33'a
18 %
*91%
x32%
32%
460
3,900
92
92
92
16%
16%
16 3/4
1,800
19%
19%;
191/4
2,300
22 %
v
140
18%
183/4
18%
18%
21,600
19'/a
19v4,
:
19 vb
19%
19'a
19 3/a
3,900
10%
*10%
113A
*103a
11%
*10%
11%
13
*12%
13
*12v2
19
*12%
18%
13
13
11%
*10%
11%
*10%
22%
23%
22%
23 v4
22%
23
22%*
11%
22%
22%
*22%
22%
22
22
21%
22
10%
11
X10%
10%
10%
10%
10%
8%
8%
8%
8%
8%
8%
49%
49%
31% 7
31%
32
32%
31%
32
31%
37%.
37%
37%
37%
37%
37%
38
*49%
52
'/
*49%
52
*49%
•
'
100
22%
3,600
221/4
10%
5-y?" :
32
38
>32
50
11%
223/4
9%
52
-
20
*10%
-
11
8%
r
13
"
*16%
*50'
37%
400
19 %•
8%
.
61%
-_
16%-
•
'-31V4-
1
61%
*1150
10%
<,8%
148
148
61%
for
Shares
18%
*12 y4
22%
149
61 %
Sales
the Week
S per share
'10%
19
13%
22%
•
*
*1140
32%
.
•11%
11 'A
T
*148
of/a
32%
*
.*11
Jan. 21
$ per share
148
biV2
Friday
Jan. 20
*1140
33%
16%
W#
18'%
*12
>
148
Va"
Thursday
19
22%
9
51%
11
'
9%
1,100
14,100
2,500
*493/4
51%
100
31%
31%
2,100
38
a
;
38%
l.„00
23%
23
23%,
23%
24
23%
233A,
23%
38% *•;
23%
24
1,^00
48%
47%
48%
48%
48%
:
48%
48%*
48
48%
48
'96%./ 96%
48%
2,400
96%
96%
977-
97%
f
,97%
97'a
97
,16%
971/4
98
16%
17
17'
17 vb
16%
i' 3%
17
v;
94%
95 va
"
25%
26
23%,;'48y4
•
17
3Va
>
■}'
3%,
3Vb
3%
*93%
94y*
93%
94-%
94%
94%-
25 V2
25%
257/a
25%
26%
8%
*8%
28%
*28 %
.28%
26
*25%
.26
'25%
,.8%
287/2
v.*25%
4Va
<
4Va
22'1/4
107 Va
*13!
v
/
19
28%
*25%
4%
;
4%
9
28%
26
4%
13
v 9
13
-
13 vb
v
*12%
*8%
9 v4
'
*8%
42
43
.42%
43 vb
19%
19%
19'a
19%
11%
ida
11%
8'a
8%
8%
83/a
10%
10%
10%
9%
8'/b
8 Vb
10
32%
32 Vb
105%
106
106%
106'a
107Vb
107
107
107%
107'a
No par
*97%
/5
*8%
10
*'60 Va
35%
*
35%
97
*95
14
14
,39%
*88
33'A
32%
98
*97
8%
62
4 vb
22%
*106%
105%
89%:
v
22%
106%
32%
33%
f
*25%
22%
107%
>
28%
V;
*11%
10
35%
*8%
106%
105%
•
"%•-
22%
11%
10
9
3%
106 7/8
12%
42'A
8Vb
9
*8%
9
19
*11
"
99
106%
13%
*8%
42'%
-
4%
22%
*106%
.
3%
*8%
'
61
32%
31%
9 •".;■■■
28%
•26
4%
22%
1063a»
13'a
9
43%
19 vb
19%
32 vb
•;
32%
'
11%,'
*233/4
16% -17
33/a
423/4
*11
.97;
;
')3%
;
96
>"
901/4
25%
-
17
3%
■} 3%
26 Va
96%
97
26%"
9
*28 Va
29
28%
26
*25%
4%
4%
3%'
26%
,
*8%
26
17 vb
'
*8%
!
4%
9
28%
26
2,100
13,600
400
1,000
200
4%
4,000
221/4
22%
22'a
223/a
14,600
106%
1063/4
106 %
1,200
13va
13%
1,100
*8%
131/4
9
45
45%
19%
-'8v2
19%
*11
11%
9
45%
45%
19%
19%
113/a
c
113/a
300
8%
2,700
83/a
8%
8%
8%
10 vb
9%
9%
9%
32%
280
10,400
94,100
106%
13%,
32%
32%
32 3/8
323/a
1063a
106%
107
1061/4
106 Va
107
107 3/a
107vb
107%
107va
1077/a
36%
35%
.36
36
35%
36
36%
96 %
95
95
*95%
97
*95 va
37
37
*96
97
4,000
1,500
13,/uo
105%
97
2,200
1,060
730
1,700
50
'
14%
*14%
14%
14 vb
14%
141%
14%
143/4
15va
3,600
90
90
88%
88 va
871/4
88
88%
88%
420
34
34%
34%
34 vb
34%
34%
35
35%
98
*97%
7,3uu
*97%
97%
97%
97%
9
8%
8%
8%
8%
*8 va
61
61%
■62 va
62%
63%
90
98
63
9
63
35
*97
98
9
.9
62v4
63%
•
■
140
*81
'
;
"/'lO/A
.
per skate"
33
91, *v
16%
18%
18
Jan.
1$
61
33
*90
17
18%
°10V2
-;
Wednesday
'
*1140
32%
91
17
,l«%
L6V2
i
1
148
61%
*1140
,
(
303/b
3
0
Jan.18
148
61%
;
32%
>90
*
v
145
61%
~
1
5
14%
140
t per share
.
.
72%
41%
40
301/4
5 vb
Tuesday
I per share
6 per share
">1140
;v_-
■j
108
*70%
15'/4
30%
bl
Jan. 1
•
30 Va
5
.4
30
*138%
80'/b
60
600
14%
.
<
•
107%
*70%
*39v2
.
6,100
25
30%
5 '/a
•
140
a
3y%
111%
*24 Va
39%
111%
24"
4
14 vb
291/4
5 'A
39%
*111
24%
107 %
40%
29%
39%
111
2^1%
«;
700
185
"ii2
a
300
1,200
85
*17%
29%
*155
85
7'a
*80
-17%
185
*80%
410
l,iuo
3,400
29
7%
85
29%
29%
*155-
85
v4:.
443/0
29
7
84%
1
10
56%
29%
2 da
4-/'
28%
•
36
573/b
*80%
111%
«i4a
,
60
LOW AND HIGH SALE PRICES?
"
»
il
4,uuj
102%
10?%
21%
42%
..
43
4'a
54% •54%
28%
*
102%
102%
V4
503a
,
8
110 %
*7ov4
4
1
5,900
12
16%
;'
i
4,500
12%
71%
\
303
34%
85
*155
65
*138%
;
]
1,103
50
33%
*17%
■'
185
14
64V4 Oct
3 5 3/8
271/2
*80
18
Continental Baking Co com—No par
$5.50 preferred
No par
Continental Can Inc common.—20
Fibre—
27%
8
85
*35
—
35 Va
27v2
'
21 %
——100
Diamond
1C2&
•
21 %
43
*29%
..
par
preferred——______No par
Container Corp of America com—20
Continental
26
*16
102%.;
21v4
421%
5.
par
$4.52
13V8 May 21
102
21%
43
14 Va
Consumers Power Co com."—No.par
$4.50' preferred ———No par
preferred
13%
*35
29%
-
20
No par
35'a
*49
13
*70'va
par
Consolidated Textile Co Inc.——10c
Consolidated Vultee Aircraft—
1
$3.75
71
12
*39'%
i_l^_No par '
Cohsolidated Cigar—•——'—No,par
Consolidated. Coppermines4Corp—5
Consol Eclison of N Y com—_No par
preferred.
353/b
27i/4
-
102
*ll/5%
T__J„2.50
preferred
71%
;. 13
39'a
f.
d
■
■
-
*23%
*
Ry com—100
System
35
27 v4
35%
'
'
Congoleum-Nairn Inci
4%
34'a
*b03a
par
Grocers Corp—1.33V3
Cohsolidated Laundries Corp..a—5
>
50
34'a
-
Consol RR of Cuba 6% pfd -j—100
Consolidated-Retail Stores Inc.—1
17
50
34
/
1
28
50
)
29jA Sep
35% Jun
*49
*28.%
__100
preferred—'—j-*
Southern
600
•
*156
No par
15% May 1-2
106% Dec
50 v2
1
28
106% May 25
2,100
1
27%
*171/2
1
30
27
6,600
35'a
*71/2
Consolidated Natural Gas_——15
6
4,500
14
27%
*80
(.The).common_No,par
Gas
32'a
13%
27'a
'—»6l'-
&
2,203
3 2'a
35
43
50
>
171/4
17
14
27
21-/2
1;:
s
17
32%
34%
1011/4
No par
'
ooj
1
29
50
STOCK
2,200
10,000
9%
13%
32%
56%
—100
preferred
113/a
103a
-',9 %
32%
,
-14
35
1
'
11
14
13%
28%
4
17
17
,
10%
•
■
1,000
32%
32
13%
55%
gtd
5%
133/4
32'%
13%
28%
No par
•
5 1/4
32%
31 %
14
35
,-No par
7%
5'a
300
900
28%.
100
*4%
■
11,500
'
12,800
56
Consolidated
i2V4Jun 21
51
Sep
90
84
7%
37
2
23;
33 Va
84
7/4
27'%
Jan
98% July 26
100
33%
b2
300
7%
54%
Commercial Credit common—i__10
3.60'^ ' ■ preferred
^1—100
Commercial .Solvents^--,——_No par
Commonw lth & So'iith corii__No par
$6 preferred seriejs-i/—___No par
Commonwealth Edison 0o_l_«
25
Cohde Nast Publishing Inc>__No par
$5
16% Mar 20
114%
33 vb
82
1,200
7%
28%
a———100
Class B___
Columbia
53% July 15
104
' July '7
29% May 26
30
Dec'
33v'2
b*
8%
28
7%
55%
cC'ombustion Eng-Superh Lnc.No
17
Dec,-
333/4
*7%
'
7%
35%
*
130
8'/b
28%
7%
7%
37
*
93
|
8 vb
*27%
*273a
.1
2,500
5 Va
15 vs
Columbus & Southern Ohio Elee__l0
Feb
99%
93
8 Vb
v.
j
500
.
9%
*2ttv4
9
Jan
30
93%
1
■*
*3a
—100
26%
24
23%
5'/a
6.0O
4
Feb
17% Mar
*26
26%
23%
5
«
1,300
3,000
26%
93
•.
100
-
13 Va
27%
5
4 3/a
Ihternat 'Corp_l__No
conv
7%
3/a
203a
12%
*227/a
94%
8
20%
33%
55%
'28% Jun
15%
10% July
27%
*7%
■
13
9%
4%
43% Jun
20%
28
8
20%
13
5%
55%
Columbia, Broad Sys Infc cl Al-„2.50
31
>37% Dec
8
*20
9%
4%
37%*Apr 16
54%
May
8 3/a
13
5
35va
Columbia Pictures common-—No par j
^4.25; cum preferred w.w'-.u-No;par '
Columbian Carbon
No par ;
108 V4 Dec
8
800
9%
43/8
.
24
10
8% Dec
6.50u
11%
5 ; a
55 vb
4% non-cum 1st preferred.100
4%rmon-oum 2nd preferredL—100
15
11% May
10% Dec
-
35%
ida
9%
41/2
Colonial Sfills Inc
20
Colo Fuel & Iron Corp com_..Nopar
5 %
17% July 14
40% May
12% May
Co
A
Colorado
13% May 21
78 % Jun> 15
23% May1
.
■"
i47/e Jun
90*
Jan
94
25
18% July 15
31% May 12
"36%
48% Oct
115% .Febl.
;
22
18% Jun
13
28% Dec 28
35% Feb
5
'18% Feb 11
24% Oct
A
22%- Oct
v
30
.
34%
ida
"
30
9%
56 3a
Colgate-Palmolive-Peet com__No
23
28
.49
Feb
50
■
May'
87
Mar
39% Aug
Dec
1
353/4
11'a
20%
*81%
j
1
4
500
4%
4%
com__,_
stock-
YORK
Coca-Cola Co
Class
10% Feb
',322% Feb
Dec'
Nov
■
351/4
ida
1,000
,
9%
*55-/8
^ Par
Cota-Cola
7% Sep
w
.11%
1
35 %
7%
5%
313/4
*49
EXCHANGET -V'exchange;
■
1
2
22% Oct
24
9%.I}ec
,
Nov
85
*4%
*34%
.
11
Feb
16%
Nov
10
Feb
"" '
8
26% May 21
11
17 %
r
12% Feb
107
*7%:
*9 3/a
■>
*27
96
Apr 20 v j. $3.50v preferred
No par
25% May 18 "" Collins
Aikman——-No par
5
11
Oct
*'•'
.*•■ ;
7 3/8
*15%
.
2,
JUiy"
45% Jan
10
Novr
Feb
•
17 %
Dec
21%
,16
Jan
63% Jun
1332
28
20%
•
May
21%
Dec
15
Oct
183
1
18
May
9% May
8
Feb
22%
8
$ per share
2
July
x87%Sep
,
46
May
16% May
60% Dec
.
.
7% -
16%
STOCKS V* V
:
NEW
Highest ■'
4%
*15%
'
preferred
2nd
9%
*12
Cluett Peabody. & Co com
cum
17
4%
13
■
4%
16'a
*9%
5
i_100
Corp_
92% May 20
20
134%-Dec 31,
31
Dec
18
RR
7%
t per share
Jan
Dec
23%
Pitts
July 13
Lowest
56
May
Co
36% May 17
1332'
107
*84
8
5V4
11
9
.
*12
„
feronzef
20.
Jan
7%
27%
J
82
1
100
84%
23
'
j.
j
1
100
23%
106%
23
34va
*23
7%
*8
8
*5
5va
14
20
Clooay
May
33%
81
...5
.
,
5%.
5%
*83%
94%
33%
■
200
-106%
84
x20%
■
27%
*81
7«a'
1071/2
.34%
95
7%
27%
69
preferred
5
1153
May'
23%
*26%
7%
31%
Louis Ry Co com___ 100
5
;
191 % nqv
May1
x61%
1140
*221/2
*11
23%
33va
5
9
—.No par
No par
10% Jan
I per share
23%
84
27
23%
*94%
94%
331/2
:
35% Jan
*
26
a
81
33%
16%
_2o
9
Range for year: 1948 7
Highest
5%
13
27%
70
com
28
IfH?
*
St
Special gtd '4%
Range for Previous
'Lowest
io%
*51/4
>7%
13
2.50
Ele.c
4% Dec
'75% Dec
20%
7%
34
Climax Molybdenum:
a
Clinton industries Inc__
Feb
16 3a
iov4
5%
*106
8%
203/4
*27%
81
5
No par
,preierred—
27
137
Feb
3,200
103/4
103/b
*23%
1
-27% Dec
48% Mar
33v4
10
pre+erieu
28
23% Nov
4,4u0
10%
16 34
10%
11%
>12%
23%
94%
73/4
28
*80Va
/
Milling Machine Co—10
Graph
Dec
•
154
lii.%
>12% Dec
39% Mar
95
331/2
■___
&
Gas
non-cum
Cl6ve
9
26
23%
*69%
Cleve Elec Illuminating com
d
30
69% Nov
1/
16%
347/a
*8
8%
No par
preferred—'—
C C C &
4
'39
*25%
23%
7%
__—
•22% Nov
Feb
Dec
Co
Clark Equipment Co'
105% Jan
Jan
Dec
140
10
Feb
24% Feb
26
34%-
13
*8
A______100
IT Financial Corp
35% July
57
16%
10%
*17%
*5%
84% "j
*11
20%
12 7/8
28
City Ice &i Fuel
City Inventing Co common
5
5 Va %
preferred—-.
-——100
City Stores
•
5
\2
84% Apr
20%
101
20%
13
*94%
,.-100
common.'..
Cincinnati
May 17
12% May
May
RR
preferred
Cincinnati
33
:
8%
203/4
*23
No par
Chile Copper1 Co—
Chrysler -Corp
2i)
Dec
ida
73/8
Chickasha Cotton Oil
17
24% Dec
Dec
343/4
11
25 7%
*
__100
Pac
10
Nov
34
&
Jun
34%
32
Is
29% Jun
2.7% May
Dec;
331/2
*77/b
No par
com
preferred series
Chicago Yellow Cab
65% Jun
48% July
14'/a
900
■1.
107'/2
*83%
11%
*4%
vtc
Conv
2
63% May
27
71
18
71/4
*106
12%
class A__25
vtc
Northwest
42
Oct
18
24
*7Vb
84
20%
,
*23
107
*83
33%
33%
_100
5% :preferred____
.4
105
*103
;":a.
84
*11
50
lb
7
18
42%
*33'
-No par
30
Mar
■' 107
*106
5 ■'
—_
Louis Ry Co
Feb
109
;
.
i__l
20
26
Nov
18
18
5%
r
Chic
19% May 27
19% Nov
106
3,200
18
23 3/8
i
40
25v2
16%
preferred
23 Va
43% Jun
129%
25%
104
16 5/8
5%
Cla^s E
31
115%
1043/b
*128%
18 3/a
i
16%
36% Jan
Jun*
*103%
17%
v7%
,
1
8,900
25'a
18%
*7'/a
30%
129%
18
'
30 %
104
18%
*227/ff
3,503
25'a
18%
wo par
53
*1281/4
25 Va
vtc—100
150
25%
25%
10%
1
900
4,000
129va
25
101/4
7%
•
135
104 3/a
25 Va
16%
•
1
*128
25%
128%. 128%
1
5,000
*103%
*128%
25 vb
16%
Feb
Dec
104%
1293/4
130
20%
Chic Ind
30
Jan
27%
30 vb
■
32 v2
52%
9%
%
107
*103 v4
31
.
■
23
*51/4
15'A Oct
July 22
Jan
53
30%
1
5%
Chic Rock
80
103
52%
31
103/s
7
•
30 3/4
16%
2
176
103
•
55
v
36 Va
*7
135
,
10%
28
•
103
129%
30%
53
53%
lo'/a
22
1
Mar
30'a
53%'
13'a
36%
36v4
11
50% Nov
94
*101%
54
53%
400
*31 Mr
135
93/4
3
24
11%
30%
10,700
34%
'
110
26%
*33 '/a
7%
36%
*134%
iov2
4b
Dec
*71/4
36%
134
103/8
66%
May
71/2
36%
133
9%
21 % May
8
55
30%
*53/8
72% Oct
Nov
*7%
36%
16%
42% Sep
'90
7%
36
133%. 134 %
11
37% May
78
54%
pfd—_^_100
(The).
1
6,000
26%
32%
10%
3
Feb
111, 1 "
7%
"
35'%
134
53/4
preferred
42% Mar
Decr
35
*133
16%
18
Feb
35'a
134
10%
22
il
Oct
7%
*31
11
Jun
Jan
32%
32%
'
.
-
71/2
*31
*9%
57
■29%
7 v2
35%
*132v2
;
32 Va
*31
10%
>49% Mar 20
Nov
71/2
*
Chicago Fneumat Tool com__No par
$3 convertible preference
No par
2% Nov
32%
.
1043/4
13%
11
May 21
Sep
23
*3l>
6%
6'/a
*104
13
10%
93/4
40
7% Mar
123/4
*9%
23
Dec
13v4
*31
13%
.10%
26
Nov'
i 13 vb
y
9%
Dec
44% Oct
4%
32
34%
11
34%
10
*331/2
10%
49% July 15
14% Feb
34'/8
9%
Chicago Corp
23% July 15
Feb
13%
13
'
*33v4
11
15
Feb
12%
16%
Copper Corp_
600
55
*53
26%
iov4
28
15%
■:%•>.;
13
26%
9%
16 3a
20
21
33%
26 Va
10%
Apr
Dec
33%
'263/8
)■
10%
13% Dec
Jan
34
*5%
25% Feb
10%
26%
*10%
45% Jan
15%
26%
No par
Products
]
Shares
'
6%
104v2
10%
33% Dec
July
26%
1
Light 4%%
for
the Week
15%
*14v2
•
a%
104%
t..:
*9%
Feb
56
12%''
i
Co—--5
series B
55
6%
104 »/a
•
iov4
Feb
51 % May
*53
61/4
*103%
1
27%
Dec
6v2
104%
Chicago Great West Ry Co com__53
V54%
Jan
111
3 %%
13% July 13
41% July 13
NOV'
33% Nov
55
*53
6 Va
*103%
34
_-20
Ry Co vtc
Sales
t per share
15%
14% May 21
12% July 13
9% Jun
7% Mar 16
30
55
*141/2
Chic & East 111 RR Go com__No par
Class A
■
:
40
July 13
9
4% Mar 16
Feb
*53
15'/2
*14%
22% July 14
15% July 13
11
8% May
f per share
17% July 14*
24
12 *
45% Jan
.
30
8%
% May
May
90
«
15
6'A
35
*34
.
6
7 7% Dec
25% Mar 16
6
26 3/8
/
Chain Belt Co
—s
No par
Champion Paper & Fib com_.No par
$4.50 prelerred
v
No par
Checker Cab Mfg
+
1T..'
1.25
Chesapeake Corp of Virginia
l__5
Chesapeake & Ohio Ry common—25
33
18
Feb
55
15
104 v. 104%
>
26%
_1
Certain-teed
28
Jan
Ga
preferred
Cerro
1
17% Feb
30%
*53
6
261%
i_100
May 24 >
24 % Feb
20%
15
104%
No par f
of
Friday
Jan. 21
-Jan;?0;
•
tper share
"V
.
A
Thursday
Jam 19
per share
,
-f
'
pfd—1C0
tCentral.RR of New Jersey—r_-i 100
Central Violeta Sugar Co
9;50
Century Ribbon Mills——_No par
1
Oct
110%
15
55
6
Central NY Pr Corp. 3.40%
Jun- 29
Feb
Jan
14%
*53
i__25
_<
Aguirre Sugar
Foundry Co
Central
■>
May 21
11'
28
Corp.,
common
preferred—i.—
5%
8
15
8,
14/2
*103%
,
.-50
Ceptral Hudson G & E Corp
May 27
27
f.
IOV2 May;'
20%
Jun;
;
20
Jan
23
<1%
;
*ho
20 y2 May
3V2
108
8
6
35% Mar
22 Vb
4U%
8
16%
Dec;
8I.V2
3
Oct
74
Co
Central
6
8% Mar
21%
9%
44
Tuesday
--
Jan. 17
/jr.''./
-
38% July
.
.
General
I)
Central
1
7% Jan
100% .Nov"
Apr
4% May.
ll7/e Dec
25
31
.22% Dec
!)
Monday'
SALE
'
Celanese Corp of Amer com—No par
$4.75 1st preferred
_No par
Tl%:2nd preferred
:
_2
100
Ce'lotex; Corp <common.,_.
No par
Dec
16
,
10%
34% .Jun
&
(J
series;
7% preferred—
Caterpillar TractorA
July >2
Feb
Jan
Dec
Case
9 ^f
22%; Feb
Feb
14Va
39% Jun
,97
Feb
Carriers
<
2
4%
a.
,.
PRICED
Wednesday,
high
'
ConV preferred
May 20
123
Feb
Dec
9
;
8
52% Jun
13
130
36
.....
TLl-
-
LOW AND
tper share
■
Carolina; Power .& Light__j
No par
Carpenter Steel Co_u—._^ww
i_*_5
Carrier Corp common'—,
_i__10
147% July 15
68 %> May 15
10
108 %
.7%
43% Jam
,5
x50
July 28
19% May 21
10
Feb
.
41% Jan-12
'
1
:35 Va Dec
130
Feb
Dec
7% May-
32
30
28%
.
'
io
6% Mar
Dec
Mar'22
110% Nov" 5
17
.30
oct
x97
xl77/a
Dec
L121/aDec
158% Jan
56/ Aug 28
10
64
1'7% May
(
..ti.
V
"
si,'. \
Jan. 15
Capital Admin class A-common—x
$3 preferred A
—;—10
Capital Airlines Incl—i—-*
—1
Carolina:clinch & Ohio Ry—.'._100
:-'--Y8%
18
7% .Feb
i
>47
49 'A May
.
4 '•
'
.
Saturday
; >
-
'.v..-', /A.,%
18 .'' May 15
20
A 21% .Oct
Jan
21
37/a Sep
Feb
Dec:
13
48'% Apr
Jan
;; 45 /
Feb
t
J
'29 '/2 May
132
1
NEW
*
'
tper share
100% Feb
Jan
V
"012 Vb May.
35% May 1
.11/
Jan
128
38
''
Feb
15%
:
Nov
2-7 s
4
STOCKS-
'
15
'
! ■v1 va vi
'
^
102
,
A A
•"'
Highest
I per share
-;
15)48
year
Lowest
ii
1
(387)
RECORD
!
i-
it...
Range for Previous
CHRONICLE
100
300
1,803
•
■
s
:
.:!•
/• %<"•"
"i
vvrMi
16
THE
(388)
COMMERCIAL
■'.
NEW
*
•
),
r
;
FINANCIAL
''t
■»
..»■-•
j
&
a
CHRONICLE
*■/
Monday, January 24, 1949
•
YORK
*
STOCKS
Range for Prevlou*
Lowest
Lowest
Highest
5
V1
Range for year 1948
Year 194 7
NEW
YORK
LOW AND
STOCK
flattoi'day vv*'
EXCHANGE
Highest
Jan. 15
■
■
Sales for
Friday
Thursday
Wednesday
the Week
Jan.21
Jan. 19
Jan. 20
I per share
I per share
Jan.18
Jan. 17
1
HIGH SALE PRICES
Tuesday
Monday
'
I per share
t per share
f per share
12%
6% May
Feb
6
Feb
27
10 Yb jun
24
Continental Motors
3/4 Feb
11
693A Jun
18
Continental
Oil
Mar 16
19 Yb Apr
16
Continental
Steel
33
14
Apr
55 %
Dec
46
12%
Apr
27 Va
Oct
14
19
Feb
19% Mar
14 y« May
Dec
55
May
9
Jun
55
x493A Mar 17
12 Ve
Jun
17%
Oct
13
11
21 Ya Oct
22
Dec
55
Feb
42% Mar 24
503/4 Nov
24
15
20 Ye
Feb
9% Nov
10
15 % Jun
61
Jan
50
Feb
13
57 Y4
Feb
18
Nov
10
233A Oct
1053/4
Feb
88
Nov
3
1053/4
Jun
86
Oct
28
12 Va May
513/4
Dec
18 Va
Dec
•32%
88 Va
Dec
88
Dec
61%
15%
Sep
170
Feb
Aug
.
1
July 21
177
164 V2 Oct
54 Ya
28 Ya
Mar 19
Feb
393A Jun
14
98 Ya Jun
2
Jan
15
Creameries
24 Yb Dec
13
Cream of Wheat Corp (The)
Crown Cork & Seal com
16
Oct
30
Jan
13
8 3/4 Dec
Mar 18
x2l
17% Nov
52s/a Mar
36% Dec
Crane
Co
3%%
46 Ya Mar
6
$2
34% Jun
23
1
34 Yb
Oct
23 Va Dec
28
Dec
108%
Feb
91% Feb
24
105 Va May
130 Va
Oct
95
Dec
9
22 Va May
37'A
Feb
20% Dec
31
1
78 Y4 Jun
2
5%
17
Cuba
66
65 Va Dec
Jan
96
Dec
July 14
Jun
1
283A Jun
60
14
America
of
Zellerbach
$4.20
29%
21%
97
97
97
95%
95%
61 Ya
60 Yb
61
174 YB
33/4
*3Y4
3
2%
2Yb
2%
2%
*2%
2Yt
30 3/8
31
*973/4
102
*
176
30%
31
31
99
*98
*98
3
174 Ya
Yb
98%
180
61
61%
4,300
•
176%
175
175%
140
3%
1,600
3%
*3%
*2
2YB
2
31%
32
*98
100
*98
70
98
98%
*3%
-2 YB
31 YB
IYb
101
■*:
613/a
61
*175
33/4
*2
2,300
98
98 Ya
97
175
3%
1,000
22
97
*97
613/8
61
176
3%
174 Yb
53%
22
53 Yt
22
96 Y2
96 Ya
53
t
53
98%
*97
32 Vr
32
32
100
*98 Ya
100
900
2
3,700
•
500
9%
9Ya
*9Y»
93A
93/4
93/4
9%
9%
24 Ys
*24 Ya
2434
24 YB
24 Yb
243/4
243/4
25
25
18 3/8
18%
18%
I8Y2
18 3/4
18 Yt
18 Ya
I8Y2
18%
*9 Yc
9Ya
*233/4
24 Ya
183/4
No par
5
*39 Ya
42
25%
25%
25%
25%
No par
No par
*96
96%
96 Ya
963A
96 Yb
<■95
99
93/a
400
10%
10 Ya
10%
80
51
*50 Ys
21% i
f
80
3,300
18 Ya
18 YB
18 Ys
50
10 Ya
10%
97
59 Ya
*
>
51
*10Yt
.
17 Ya
50
17%
17 YB
*50
700
1,800
•'
55
*54 Ya
55
*54%
55
53
*18%
preferred
conv
29 Yt
21%
2
.
29 3/8
53
3%
9%
•
25%
com__No par
of Amer
29%
21%
174%
com_,
$4 2nd preferred
15
29 YB
8,800
56 Y4
15
523/4
3s/b
1
Corp
55 Yt
15
21
;
2.50
preferred
Crucible Steel
60 Va
10%
53 Ya
174 Ya
25
preferred—
Dec
Apr
129
10%
52 Yt
100
common
preferred
Crown
41
25
98
103 Y*
*10Yt
—
26 Ya May 27
10
*10Vt
*95 Ya
92 'A Sep
56 Yt
15
17%
~
Ya
-
55
*54 Ya
50Yb
*95 Ya
2
Dec
17YB
50 Yb
97
3% Feb
Dec
17 Ya
*50Yt;. 50Yb
97
IYb Dec
II Va
17%
50 YB
21
1-7 Ya
15
29 Yb
54%
175/b
*95Ya
Jan
22Ya
17%
54%
*50 y4
50
*95 Ya
43/a
29
543A
7,700
7Va
56
293/a
21
Dec
Feb
28%
20 Yb
2%
Mar
28%
52%
2
Va
15
*54 Ya
Shares
7%
>1%
7%i
55 Yt
563/4
14 Ya
IOYB
5% Jan
40
55
15
28 Yt
73/8">
$ pur share
*143,4
56
28%
55 y4
>
7Ya
54 Ya
21
3 % Dec
7%
*143/4
15
54
Jan
107
.ft:
7%
*10Va
8%
Dec
'7%
*523/4
Dec
26 Yt May
54 Y8
;
1
4%
97
*54 Ya
*
7%
*143/4
Delaware
Corp
S per share
f per share
"
"
Corn Exchange Bank & Tr Co—20
Corning Glass Works common
5
3 Ya %
preferred
100
Cum pfd 3Ya% ser of 1947
100
Corn Products Refining com
25
1% preferred
100
Coty Inc
1
Coty International Corp
1
15
663/4 Mar 24
563A Dec
Jan
195
Dec
98
5
—14
of
Convertible pref 5% series
Cornell Dubilier Electric Corp
July 14
973A July
'7%
Corp common—5
$3 prior preferred
No par
Copperweld Steel Co common
5
July 12
44
1
:
'
< per share
Cooper-Bessemer
35
43
Par
f per share
*24
18 Yt
*95
22%
*
10o
41
*40
22%
68 y4
71
28
99
-
*68
30
*40
22
41
25Y4
96%
*95
96%
200
25%
2,300
96%
97
1,190
100
*95
*95
100
23
23
23 V*
23 V*
1,300
71
*71
73
71%
71%
300
29
*29
30 Ya
14 Yb
14 Yt
•••99
23
71
•' 23
71
29
*68%
41 Yi
25%
97
29
.
23
71*
41 Ve
25%
96%
41
253/4
*96 Yt
99
*95
22 Ya
42 V*
25%
*41
41
-25%
300
3,600
*
»
-
•
343/4
22
May
13 Ys May
165
21Yb
12%
Dec
7% Dec
28
,133A May 21
27
28
1
88
July 30
173A May 18
24% Jan 13
19 Yb
Feb
11% Dec
27%
Nov
15% Dec
13 Y4
Feb
11
Jan
147
Dec
1223/8 Feb
17
150
Jun
70
Mar
47% Dec
30
61
12 Yt
6% May
113 Va
56
7
Feb
,
4% Feb
11
12 Ya July. 21
Dec
183A Feb
13
28 V* Sep
Jan
27
132
Apr
133
137
July 2
x313A May 26
30%
Feb
21% Mar 16
19% Aug
263/4
Sep
19
Sep
28
30% Jun
97
Sep
85
Oct
8
94 Y2 Jun
23%
Oct
13 V* Dec
24
20% Jan
2
14% Dec
13
17Ya Jan
6
ilv*
Jan
24
Dec
82%
Dec
Dec
38%
Feb
29 Yt Feb
5
32% May
4 5'A
Mar
38 Y4 Jan
5Ya May
10%
Feb
7Yb Feb
143/4 Feb
Preferred
3.75%
series B
100
94
10
Inc
7%
39% July 15
Escrow
ctfs
for
58
Escrow ctfs
for
20 Ya
Dec
27% Mar
20
Apr
59
Aug
62%
Oct
56
Dec
13 5/8
July
50
24
90
*132
136
25Y4
25Y4
136
*25 Ya
8 Yb
'
136
<
136
Oct
8% Dec 13
22% Mar 18
13Yb May 24
26 3A Oct 23
Detroit
Jan
11
Dec
22
16% Jan
10
De
20% May
31 Yb
Feb
19 Y4 Dec
20
28 Ya Jun
2
35 Va
Apr
47
Jan
35 Ya Mar 12
42%
Nov
50
Jan
38
Feb
17%
Dec
24Ys
Feb
11
Dec
11 Y» May
18Y4
Jan
13
Mar 17
X193/4 May 21
46
Jun
25 Ya
91
&
94
26Y4
.
94%
9%
95
26
7,400
91
91
*90 YB
91
80
14%
*13 Va
14 Ya
*13Ya
14 YB
*15
15%
*14%
15 Ya
*15
15%
*19
24%
25%
18%
18%
19 Yt
1,700
27%
27
27
27%
273/4
27%
28 V»
2,700
95%
183/4
',*94
95
94%
95
95
95 Va
94
95
95 Ya
95 Ya
95%
9%
93/4
19%
26 Yb
*94
94 Y4
90 Y4
94%
94
10
10
10 1
*
9%
9 Ya
8 5/b
9 Ya
13
46 Ya
July 29
28
193/4 May 26
Dec
19y4
Oct
13Ya Dec
18
25
May
40%
Sep
25
Nov
13
41
Jun
2
49
May
553A
Oct
46 Ya Dec
9
56
Apr
34
Feb
10
Dec
1
23
Jan
5
29
Feb
13
40
Jun
16
Feb
24
19 Ye
Dec
28% May
39%
Oct
16Yt May
45 Yi May
2lYa
Jun
11 Yb Nov
76
Jan
47
36 Va
Sep
423/e July
98%
Dec
114%
Dec
104 Yt
91%
14
May
80
Dec
May
115Yi "Dec
Oct
23
Dec
9
10% May
14% Nov
173
Feb
Feb
8'A
19
Feb
17%
NOV
197
Dec
Sep
1103/b
14
115% Jun
Dec
92Y4
July
129% Aug
107% Sep
19 Ya Mar
20% Oct
19
8%
.'8 3/a
8Va
28
27 Ya
28
28 %
28 Ya
2.9
29
33 Yt
33
333/8
32%
333/8
33 Ya
33%
*32 Ya
32 Ya
32%
32 Ya
32%
*32 Ya
33 Yb
32 Ya
32%
39 Ya
33 Y4
39 Ya
33 Ya
100
39 Yb
40
40
40 Yb
40 Yt
403%
40%
40%
1.000
50
85/b
8%
9 Va
9Vt
4,300
100
253A
253A
25 Yb
26
26
100
49
49
48 Y8
49
49
21
20%
21%
21
com
pfd-—--.;
v
20Yb
8%
*32%
39%
9
'61
*56
/.9/;;
61
*58
8% :
87/B
8 Ya
*40
8%
8Ya
26%:
Ya
49%
26%
t. 8%
*58
::
61
27
2 IYb
.
27 Ye
49
50
213/B
21Vi
*58
61
Range for
Highest
700
14 5/8
14%
143/4
14%
14Ya
14%
9,600
1
I per share
./
No par
Doehler-Jarvis
Corp
5
Ltd
Mines
Chemical
No par
2nd
Duplan
International
1
Preferred
$4.50
series
$3.50
Preferred
series
Duquesne Light 5%
niYa
11%
*11%
11%
11%
11%
*11%
11%
500
31%
313/4
313/4
32%
31%
32 %
32 Ya
32%
2,200
313/4
14 Ya
*
20
143/4/
$ per share
NEW
1948
__100
14 Ya
14%
.513A
52%
52%
48 Ya
48%
48 Ya v-
104 Ya
104%
*104%
104 Ya
104 Ya
104 Ya
14 Ya
48
6 per share
105
14 %
14%
14 Yt
14
53
53
53
53 Yt
53
48 Ya
487/b
49
50 YB
50
104 Yt
104Y4
105 Yb
105%
20 Yt
-
-
105 Yb
*104 Yt
106
Ya
50
14 y4
143/a
4,400
53%
1,900
50%
>/«
10,800
105
105
105
.500
107 Va
107 5/b
108 Yt
3,100
20
20
205/b
20%
20%
20%
21 Va
17.000
,87
19 Ya
*84
*84
87
*
85 Ya
87%
85 Ya
85 Ya
86
86 Va
*12 Ya
20% :
*12
Ve
13
*12%
13%
13
*12 Yt
13
12%
12%
12
-1-3%
*12%
14
*12 Yt
12%
*123/a
12%
*123/8
12%
400
13%
Va
500
200
,
185 3/4
187
187%
185 Ya
187 Va
186 Yt
187 Ya
187
187%
6.600
121%
120 Ya
120 Yb
120 Ya
120 Ya
120 Ya
121
121
121
121V*
121 Ya
1,400
99 Ya
99 Ya
99 Yb
99%
993/4
1,200
114%
*114 Ya
115 3A
*114 Yt
12 Yt
*11%
12 Yt
*11%
*llY2;
99Y4
Saturday
Jan. 15
Par
I per share
Monday
share
*114 Yt
12 Yb
*11 Ya
HIGH SALE
Tuesday
Jan.17
I per
993/4
.
115
LOW AND
1
STOCK
6 per share
•
-
185 Yt
99 Y2
114Y2
5
YORK
32
500
51
1853/a
EXCHANGE
Highest
32
30
'
51
121
..
No par *
1st pfd
200
113/4
r
185 Yt
No par
DWG Cigar Corp
:
15%
113/4
13
13
*28 Ya
11%
87
*12%
No par
Du Pont de Nem (E I) & Co com__20
*14 Ya
51,
51
106 Ya
Corp
15 Ya
30
*50
30
*50
*104Ya
19%
*14 Ya
*28 Ya
*29
493/4
513A
*34
15
■
30
51
104%
100
15
>
100
45
30
*103Y2
50c
15 Yb
*43 Ya
*50
47 Yb
common
*15
45
50 34
47Yb
preferred
conv
29
*43 Ya
.
50 3A
No par
preferred
Industries
*27%
No par \
$4 preferred series A
33/4%
143A
15
common
15 Ya
*15
29
*51
No par
__
Co
*43%
15%
*15
*27%
49%
11 Ya
V
31 %
__No par
Pepper Co
Dunhill
year
2,100
143/4./
No par
May 20
Lowest
39%
14%
:
stocks
Year 1947
39%
14Ya
Range for Previous
Lowest
39 Yt
39
14%
A
18
2
393/s
14%
Car
Corp
20
22
39
14%
$3.25
Jun
39%
2
Dresser
153/8 Jan
39 Yt
500
Corp-Seagrams Ltd
July 16
May 15,
116
1.400
11%
22
27
21 Ya
11%
21
10 Y2 Dec
21%
11%
31 Yb Jun
lllYa Aug 24
21%
11%
Class
3
*20%
11%
106Yb Oct
99 Ya Jun
21%
44%
13
11
*21 YB
11 Ya
Feb
28
21%
1,300
44 Ya
XI8Y2 Nov 29
Feb
500
21%
9
24 Ya
11 Yb
15
94
11%
8%
*24
45
106% Jun
113 Yb Jan
11%
Ya
*11%
6
188% July 9
124 Ya Jun 17
39 Ya
12
*43 Ya
Feb
11
39 Ya
*11%
113/4
Douglas Aircraft
21
39 Yb
9
24
12
45
Dow
Mar 18
*39
9
*24
*ll3/4
11%
22
Dec
21
9
24
12
113/4
15
12
20 Ya
2
61
45
50 Ya Oct
12 y4 Dec
IYB
21 Yb
*8%
11,000
*43Ya
19
164
8%
23 Yb
*113/4
'
1,400
21%
*58
61
3,100
50
*11 Ya
67 Yb Apr
98
8%
23 Ya
12%
12%
27%
*
2
29
2
500
25
22
Jan
1,600
11,200
Co
20
90
8%
23%
23 Ya
*12
No par
preferred
Nov
83
8%
*23
12.50
common
T Motor
32 Yb Feb
97
'
27
48%*
21 YB
49:
IYB
*58
12
1
5
partic
Dome
2.500
8%
8Yt
9
l27:U
49
2
■■
21 YB
23 Yt
8%
*8%
1
Corp
Dixie Cup Co common
Dr.
90
350
323/4
20
Match
Diamond
Divco
!-
1,400
10
Grande West RR
Steel
Distill
21
15%
19 Yi
27 Yt
Vilbiss Co
6%
19 Yt
8%
Western
8%
193/a
19 YB
26%
'<
95
25%
*90
*13 Ya
•
32 Ya
& Hudson
Diamond
26
600
25%
26
27%
Devoe & Raynolds class A
10
70
137
137
25%
*25 Ya
26
8 Ya
Detroit-Michigan Stove Co
2 6 3/4
1,000
27 Yt
Detroit Hillsdale & S W RR Co__100
22
23 Yt
32
60VaJan
Oct
23 Va
23
27%
2
Jan
500
22,000
323A
Detroit Edison
16
' 140
,
8%
50
:
27 Yt
9
17 %
6,200
?
:
8 3/8
8%
23
''
10 % May
129
127
50
32 Yt
July 15
213A May 17
9
7Yt
7
Yt
127
50
1
preferred
Denver & Rio
7
125
20
11
32% Mar 16
'
7Yb
18
No par
common
Lack
*92J/a
50c
;
Deep Rock Oil Corp
Delaware
Dec
23 Ya
10
Delaware
Dec
25 YB
90
,94
50c
Co
13 Y* July 12
19 3A
*132
25%
263/4
11
44 Yt
136
*132
19 Yb
100
Co
o
23 Yb
283/4
A
Records
7YB
129
.: 50
23 Yb
19%
common
series
&
*17 Va
23%
1
(The)
Corp
3.75%
Deere
18
23 Yt
7
Chemical
20
May
6 3/4
23%
23 Yt
25 Yb
Preferred
2
1,000
*17 Ya
Ya
50
15%
34% May 24
50 Ya Jun 24
253/4 May
23%
*147/8
Dayton Pwr & Light
15
200
12%
8 3/«
Ya
Decca
Jun
46YaJan
68%
12%
8 Yt
15
9
133/4 Jan
42
68 Ya
13
8%
*14%
Dayton Rubber
68
*12%
173/4
7
*67 Ya
8%
15Ya
5
1
8
73A
*14%
Davison
3,700
8
7%
8
68 Ya
■
preferred
conv
3,300
178
*160
127
<V
50
200
14%
143/a
14%
178
127/8
<
17 Ya
7%
126
*49Yt
20
5%
10
22
'
24%
Jun
24
g
136
*253A
126
.
14 YB
15% Jan
Sep
*132
50
7 Ye
V. 125
*49
90
94
Dec
100
7 Yb
*122
24Ys
30
8 Ye
23%
6Ya
-
49%
8
8
30%
*29
.
90
27
27
7 Yb
7
125
*13%
Sep
31Y4 Dec
:
49 %
Yt
8% Nov
Oct
6%
*121
*
14 Ya
84 '
Oct
*17 Yt
*13%
17
Feb
18
14%
Jun
46Y8
*17 Yt
24
283A July 14
313/4 Aug
4
45Yb
18
*12%
18
123/g
90
94
203/s
12
24
16
Aug
*113/4
*13 Va
14
Sep
12%
14 3/8
"160
178
8
*66
12%
*66
*89
25
May
mv*
*160
8 Yb
68 Ya
8YB
67 Ya
v
1
18Ya Feb
33
178
100
82 Ya Nov
31
*160
8
8
67 Ya
14%
14%
178
2.50
2 43/8 Feb
Feb
Ya
Ya
Davega Stores Corp common
Oct
23%
8Y4
69
12 Yt
No par
D
Jan
Dec
pfd_.
Inc
common
24%
Sep
*8
14
14 Yt
*160
28
pfd series A
35%
12 3/4
29%
Corp
33/4 %
1013/4 July
101 Va July
84
11
Dana
14 YB
178
*68
1
A
>
14% May
10
5
Cushman's Sons Inc 7%
24
Nov
*160
—100
:
Inc
Cutler-Hammer
10
90 Yt
*143/8
100
*
29
Ya
*
Press
/ Class
1
18% May
common__10f.
common
preferred
*29
Cunningham Drug Stores Inc
2.50
Curtis Publishing com
__Nopar ;
$7. preferred
No par K
VtPrior preferred
No par
Curtiss-Wright common
1
July 15
2
21%
Feb
4Y2%
May 14
Feb
pfd____100
non-cum
Cudahy Packing Co
Cuneo
Aug.
.
6%
Ye May
12Y« May
4
129
4
67% Dec
6%
RR
Cuban-American Sugar
7%
preferred
9
Jun
v
Sep
101
Oct
24%
177
21
Dec
xl6
17 Yb Aug
11
Apr
Jan
Mar
17Y4
Dec
82 Ys
155
Jan
34
3
123/a Feb
Jan
165
Jan
Dec
25
Oct
993/4
115
;
99%
*114 V*
12 Ya
*11 Ya
99%
115
99 Ya
*114 Yt
12 Ys
*11 Ya
115
10
12 Ya
PRICES
Wednesday
Thursday
Friday
Sales
Jan. 18
Jan.19
Jan. 20
I per share
t per share
I per share
S per share
Jan.21
for
the Week
Shares
E;
19%
Jan
253A Aug
18
Dec
29
25 Yb
16
Nov
24 Y4
13% Oct
11
13
Dec
29
20Ya May 18
19 Ya Nov
1
Jan
12 Ya Dec
23
223/4 Jan
48Yb July
38 Yb Feb
10
46% May 15
14 lU
Dec
51
42 y2 May
163
Apr
Dec
198 Ya
Oct
"Dec
25 Ya
Feb
157
Sep
27
30 Yt Dec
18%
Dec
88
109
15 Yb Aug
28
14
28
Feb
Dec
82
Mar
8
27 Ya
Feb
10 Ya Dec
28
Dec
111%
Feb
92
Dec
15
4% May
50 Yb May
8Yb
Feb
5 Yb Jan
5
104
653A
Feb
175
May 27
8
Jun
1
Eastern Corp
Eastern
6%
Eaton
Edison
16Ya Jan
Ekco
8% Jun
May
16%
Feb
13
16 y2 Oct
21
33 % May
2
Sep
39 Ya
Jan
32Y8 Feb
19
373A Jun
Jan
1 Ya Nov
10
11% May
193/4
Feb
13 SA Feb
11
145
Jun
1
2=/a May 24
23 Ya July
7
Dec
47
171
10
166
Oct
21
Dec
156 Yb
Feb
123 Ya Feb
11
147
Oct
57Yb
Oct
48 Ya Dec
29
563A Jan
9
July
139
Feb
Stop
Electric
183/4
18%
18%
183/4
18%
18%
18%
183/4
19
1,200
15
15 Ya
153/8
15%
16
16%
16
16 Yt
153/4
16
25,600
13%
13Ya
13%
135/8
13%
13%.
133/a
13 Va
13 Yt
13 Yb
13 YB
new
13 Yb
13 Yb
12 3/4
13 Yb
13 Yt
13 V4
13 YB
13 YB
13 Ys
13 Ys
13
13%
1,300
43%
43%
433/8
44 y4
44%
45 VA
44 Yb
44%
44 Ya
45
44%
45 Yt
9,700
171-171
100
Electric Boat
Convertible
173
*172
174 Ya
31 y*
31%
31%
16%
*16 Ya
16%
90
*88
90
*88
90
*88
11%
*113/4
11%
11%
*95
98
98
98
97
6%
41
11%
*92
11%
97
6%
6 3/4
6%
4IV2
41V4
41Yt
11%
*92
65/8
42
65/s
32
31 Ya
313/4
31%
31%
1.900
16%
16 y4
16Yt
*16 Ya
16%
500
90
*88
6%
42%
42
14 Y2
14%
145/s
145/8
14%
14%
14%
*333/4
34 Ya
*333/4
34 Ya
*33%
34 Ya
*33%
2
Electric Power & Light com__No par
$7 preferred
,
No par
22%
158 V2
2
23 V4
2
22%
2 Yb
23 y4
2
23%
2Yb
2
233/b
23 Yb
.*88
90
6%
42%
,
"6%
4i3/4
90
113%
*96
7
*6%
42 Ys
$6
14 Ya
14%
143^
•15 Ya
333A
*34%
34%
23%
159
*157Va
159
159
1593/4
*158 Yt
160
144-
*142V4
144
144
144 Yt
*142Yt
1433/4
*50 Yb
51
50%
49%
*50
5,100
333/4
2
*142Vi
49%
10
900
42 Yt
42
14%
No par
50%
400
6%
34
No par
preferred
11%
100
2
51
1,700
100
2
2
23 y4
24
.23
233/8
39,500
159 Ya
160
*156
1593/4
1,600
141%
500
2
'
Electric Storage Battery
50
31 %
16 Ya
•
3
shares
172
172
11%
97
12
"92
5 ,•/.
;
preferred
173
*16 Ya
No par
common
Amer
173
16%
*11 Yt
1
(The)___
31
*170
3IV2
*88
100
Auto-Lite
173 Ya
16%
2.50
Co
*170
31
com.2
common.
Nut
1,000
5
100
^
Co
Elec & Mus Ind
26
Jan
135 Ya
18%
15Ya
10
Corp__
common
preferred
Elastic
10
3 Ya
10 Ya
56
Co
preferred
Products
4V2 %
24
18Ya
15Vt
*13 Ya
Bros Stores Inc common—1
4Yt%
Jan
39 V* Nov
11
Feb
10
Stainless Steel
preferred
Manufacturing Co
19Ya May 17
92 Ya Jun
106
Inc
common
Eastman Kodak
*18%
1
10
10
Co
Airlines
Eastern
17
33Yb Dec
Eagle-Picher
*141 Ya
50
143 Ya
140 Ya
50
50
50
13
4,100
13
500
/
15%
Dec
24 Ys Mar
.
12 Ya Dec
30
19 Ya Nov
.
9
27 Yb Jun 14
8
743A Jun 14
x55
Dec
17
Jam
6
41 Ya Dec
46% May
9 Yt May
593/4
17
Oct
Dec
31
49
Oct
13
76
Jun
3
12 Ya Feb
11
93/8 Mar 18
11%
Dec
27 y4 May
102
May
3%
Dec
47% May
63
Nov
12%
123/4
*12%
133/8
13
20 V\
20%
20 Ya
20 Yt
20 V*
20 Ya
50
*54%
56 Ya
*543/4
50
*43
45%
*43
3
*72
73 lA
723/4
73%
74 Yb
75
~4
12%
5Va%
20 Yb
July
16 Y4 Dec
5%
El
preferred
preferred
conv
Paso Natural Gas
6
Emerson
30
Emerson
Electric Mfg Co~
Radio & Phonograph
12%
12%
125/8
14%
14 5/8
145/8
10
*14Ya
15
common__25
*31 V»
32Ya
Empire District Electric Co
Mar
97
Feb
27
104
Endlcott Johnson Corp
4% preferred
4 Yb Jan
5
107
43/a
Dec
12%
Feb
9 Yb Feb
11
67
Feb
50 Ya Feb
11
85
Mar
59
Sep
Feb
4
Dec
31
Feb
9Y4 Dec
20
10 Va
Nov
25%
Jan
32% May
50%
Oct
13%
footnotes
see
Aug
page
14
7% Mar 17
34 Ya Dec
3Ya Dec
24.
28
21
Jun 10
6% Nov
4
16 Ya July 12
653A July 15
68% Apr 14
9
Jan
14
20% May 17
11% Jan
5
49 Yb
May
3
7Ya Mar 30
Equitable
Erie
RR
Office
Bldg_
common
5%
45
14%
16Yb Aug 27
8
*43
13
34
Jan
56
14Vi
30
2
45%
*543/4
13
Yt Dec
12Ya Jan
56
5
29
13%
For
123/4
20 YB
Jan
24%
Dec
12%
20 V2
Apr
Dec
X6%
13%
20 V2
common..
19%
17%
7% May
*12%
10
Co
38
Dec
8%
13
6
55 Y4 Feb
Elgin National Watch Co__
Elliott
100
*102
1
4%
No par
13%
*58%
*62
104
4%
*543/4
56
*43
13%
700
''
20%
203/8
20%
56
*55
56
56
•
1,100
100
43 Ya
43 Ya
*43%
45
100
73%
73 Ya
73 Ya
73 Yt
74
1,900
12%
143/4
43%
733/4
"
13
12%
13
123/4
12%
1,700
14%
143/4
14%
15
14%
143/4
*14 Y4
15 y4
14 3/4
2,600
143/4
*14%
15
*143/4
15
*31 y4
32 Ya
300
*31%
32%
31 Ya
31%
*31%
32 Ya
*31 Ya
32 Ya
*102
4%
104
43/4
101
4%
102
45/a
*100Ya
.
*4 Ya
102
4%
*100%
*4%
143/4
102
14%
*100 Ya
4%
13%
13%
133/4
13%
13%
13%
14
13%
14 Ys
60
59 Ys
60
59%
59%
60
60
60%
61
*63
66
43/4
102
200
50
2,000
143/s
14
4%
13,900
preferred series A_
Erie & Pittsburgh RR Co
100
__50
Eureka Williams Corp
Evans
Products Co
5
4Vi
4Vt
4 V4
4V4
4Y8
—3
*9%
9%
93/a
9%
9%
1
8
*36%
8 Va
8%
8 Yb
*8 YB
8Y4
8
8
373/4
37%
37 Ya
37%
373/4
38
3/a
38
38
1,800
38
*37%
38 Ya
900
5
*4
.5
43/a
43/8
100
Eversharp
Ex-Cell-0
Inc
Corp
Exchange Buffet Corp
3
2 50
t
*4
66
5
*62
*4
66
4%
*62
*4 Yt
66
4Y4
9%
5
4 Yb
9 Ya
*4
4%
9%
*65
4
67
Yt
93/8
8Yt
60%
*63
4Yt
9%
8%
4
•
60%
1,100
68
Yt
9%
8 3/s
4%
9%
8
2,000
900
Volume
YORK
NEW
*
Yearll)17 '
I per share
Highest
*r
$ per
FINANCIAL
STOCK
CHRONICLE
V
sliare[
I per
Highest
-•
tharef
'
v.
I perthare>
>
.' ;
r
Monday
)
EXCHANGE
>
•v.r:
Jan. 15
Wednesday
" Tuesday
Jan. 17
I per there
v;..vV.Par
•..
17
PRICES
LOW AND HIGH
STOCK
YORK
NEW
''
Range for year 1948
Lowest
<
(389)
RECORD
STOCKS
Range for Previous
Lowest
&
COMMERCIAL
THE
'Number 4771
169
v'
f per share
Sales for
Friday
Jan. 20
Jan.21
I per share
share
I per
t per share
v
Thursday-!
i
Jan. 19
Jan. 18
,
t per
the Week
share
£har«4
7
F
44
60
Jan
i37i! Nov 30
Jan
31%
May
25 Vb
Feb
x
"4%
May
11%
Dec
32
»
■'•16%
:
9%
Fajardo
Falstaff
Nov<24
'
1
-
.14% Feb-4
23
Fedders-Quigan Corp —„i—1
;
43
Jun
3
Federal Mining & Smelting
i
•'
5
11% Jun
I
Mar ID
20% May 22
Federal-Mogul Corp
28
12% May 18
Federal
.31% May 14
Federated
Apr
Jun
20% Feb
90
Feb
10
107%
Dec
26%
Feb
19% Dec
24
20% May
26 %
Jan
17% Dec
31
59%
Feb
61
Feb
28% July
51% May
14% May
4
9
Dec
7
Felt & Tarrant
9
Ferro Enamel Corp
59 %
20% Aug
9
42% Jun
14
20
May
39%
Oct
28% Nov 29
Dec
110%
Feb
96
Dec
9
Firth
May
41%
Jan
26
Dec
23
May 27
36% May 26
Dec
17%
Jan
13
Dec
17
15 % Jun
24
18
May
24
Aug
12% Dec
27
21% Jan
6
31
40% Jan
12
14%
9
Jan
40%
Dec
15%
i
May
Feb
22% Dec
9% Mar 17
27
91-
Dec
110
Dec
20
105
Jun
10
92% Dec
Dec
24% Dec
31
38 %
26%
Jan
22
12% May
25%
Jan
Mar 16
5
Dec
77
Dec
10
6%
9
5
68% Dec
28
84
4
6% Dec
15
10% May 21
Gabriel
10 %
May 22
Jan
Aug 19
22
Aug
Fruehauf Trailer
4%
17
17
17*
17%
66%
46%'
*46%
46%
'105%
106 %
*
66'A
1,000
48%
48%
4,500
*106%
106%
58
58'A
58%
17%
17%
17%
56 Va
56%
57 Va
56%
57%
57%
17 %
17%
17%
17'A
*17%
17%
*17'A
28%
29%
48'A
29 Vb
28%
200
1,200
300
.
29'A
29%
100%
100
100
27 %
*26%
27%
27-/8
Y 27
27
13%
13%
13%
,13%
13%
13%
13%
13%
13%
13%
12%
12%
12%
12 Va
12%
*12%
12%
12%
12%
*12%
23%
•23%
24
24%
24 Va
24%
24%,
24%
24'A
11,300
12%
24%
..
..
*27
28%
66 y4
500
1,600
107
47%
106 Va
190
17 Va
106 %
47 Va
106 Va
2,800
20 Vb
17
67'A
67
66%
66%
66%
"46%
27%
99%
*12%
24%
24 Vs.
*100
'
101
*100
101
*27
28
*27
28
100
14
4,900
•'••
•
,
120
1
,
900
1,700
*9%
9%
9%
10
10 Vb
10 Vb-
10
10 Vb
10
10
9%
10
1,200
Corp__10
27 Va
26%
27
26 Va
27
26%
26%
26 Va
26%
26%
27
5,800
100
*88 %
90 %
*88%
90%
90 Va
90%
*88%
89 Va
88 Va
89 Va
88%
88 Va
100
*92 %
94
*92 Va
94%
10
common
:
Co
common—1
preferred
11
19%
100
11
•.
94%
94%
94%
24 Va
24%
24 Va
24
25 Va
*24%
25 Va
*24%
25%
10 Va
10%
*10%
10%
10%
8%
87/b
*8%-
8%
8%
44
43%
12%
12%
*12%
19%
19%
130
3,300
*24%
25%
10%
10%
10%
500
8%
*8%
9 VB
1,400
43%
43%
j"
•
>
44%
*43%
44V4
12%
*11%
12
*11%
12
300
19 Va
44 %
*76%
77
94%
-24%
11%
19%
*76
9
200
A
43 Va
12'A
19%
44
v'
77 VB
*76
94'A
24%
*
11
-
8%
8%
93%
24%
*24%
25 Va
*24%
25%
94 Va
24%
*93
24
24
24
24
Freeport Sulphur Co_
May 18
16%
26%
*19%
27 Va
.i.
Gair Co Inc
20
103% Mar
47% Oct
20
28%
12%
19%
24% Jan
99%
20
Va
*99 %
44
18
27%
99 *^8
19
27
29%
*11%
Feb
17% Mar 12
2 7 »/4
y9Va
*98
800
100%
*43 VB
13
10
100
500
6
28%
8%
35% Feb
5,400
" :>'•
17
'
6
*99%
?9
16%
Feb
12 %
*
17%
__1
Jan
500
54,200
38%'
*16%
5%"
100%
No par
Jan
••
'
13%
*38
16%
19%
26%
27
56 %
56%
*24%
50"%
5%
6
*5%
16%
107
*105%
107
25
39
38%
16%;
5 Vb
•13%
13%
10
prior preferred
22
<
*37%
17
1,600
:-<>/../■;
24'A
i.
5
;•/"
22
-
1
Chem
Francisco Sugar Co
Franklin Stores Corp.,
sMay 15
37 %
17
19%
26%
>
66%
65%
46%
10
Froedtert Grain & Malting Co Inc_l
16% May 21
8% Aug
18%
9% Dec -28
t.
%
46%
28%
_No par
Corp
3%% preferred
Foster-Wheeler Corp
May 21
25% Jan
Steel
Machinery &
% % conv pfd
4.37%
6 Vb
99%
17 Vb
7 Va
Food Fair Stores Inc-
3
17
No par
i,-
Food
16
82% Nov
32%
36% May
11% Nov
Follansbee
17
*99
Corp
Florsheim Shoe class A
21
May
23% May
19%
Power
5'/»
13%
*98
19%
No par
Florence Stove Co
5-. Y
■
13%
<
700
39'A
;
*26%
(The) common—No par
Florida
5'A
13%
•
*19%
26%
*17 Va
Y
39'A
22
-24'A
'
19
%
5VB
13 Va
17
6
98
*55
-No par
.J-
38
17.
6
26!'a
105 %
No par
Carpet Co
preferred
$4
12% May 24
47% Jun 14
22
79
July
Dec
(The)
*37
17
19
67
25V4
37%
-
17
6%
97
46%
22%
*24%
5%-
26%
*66 %
*
39%
x22'A
25
13%
97
17
preferred ——I—100
Flintkote Co
X104
30
com
First National Stores
July 12
'13
Rubber
&
.*37%
v.
39%
24%
24%
,v
*13%
6
•
39%
24
25%,
.5%
*26% '
25
4 Va %
'
*19
10
7
5 Vb
*95
r
,
—_—1
Firestone Tire
29
,
,
16%
*6
1~5
Co.—_
V. 38%
-
16%
100
_—
Mfg
Fidelity Phen Fire Ins N. Y
Jun
14% Feb
24
preferred
69% Oct 26
49% Mar 16
JM 99
M
"AVaYo
53
107% Jun
Jan
21%
.'ST
39%
24 % '
*24%
,
14
4%
xl2%
4%
5
Dopt Stores com.,—,—5
15
24% Sep
26'/a Jun
1
103% Nov 18
Coi_,.i2;
—.
4%
13-.-. 13%
a
40
24
25
■25
25
39%
24
*23%
24%
♦
39%
39%
>'40
*24%,
Motor Truck™,——No par. ;
99% Jun
'
63% Feb 28
42
.
Corp
Dec
Dec
107% Aug
62% Dec
-'*39
^ •V *23%:
16
20
19
Sep
Brewing
Oct
Feb
20
46% May
42% Jun
Co_'_iu—No par
&
Morse
Sugar Co common-^—r-20
16
511.
-
97%
104
Fairbanks
10
—^-1
'
Farnsworth Televis'n & Rad Corp^_lV
■
23% July
Dec
33% Oct >28
28% Nov/" 1
16
Dec
42%; Mar
May
(f% May
54"% Jun
'
35% Feb- 11:
Feb
14%
•
*
Apr 14
19% Nov 30"
20-
19%
19%
19%
19%
20
4,400
77
77
77
77
77
100
*76 Va
77
200
G
8%
Dec
5% May
18%
Jun
17%
Feb
10%
Oct
6% Dec
2
21
Jan
16% Dec
27
9
Dec
27
12
38% Dec
30
48% Aug
27
12% May
14% May
17%
Feb
12% Feb
22%
Dec
16% Nov 30
4% July
97/8
Feb
5% Dec
31
26% Aug
14% May
43 %
Feb
27% Dec
28
45
23%
Dec
16 Vb Dec
28
Oct
11% Feb
13
109
Jan
•10% May
100
Nov
♦48
Apr
xioi
Dec
9%
Oct
149%
Dec
11
v:
8
Dec
May
58%
102
99% Mar 24
Oct
42
Dec
6
8% Feb
28
13%- Feb
185
146
July
18%
14%
Jan
:■
Apr
1
9% Mar 17
Feb
9
Nov
5%
Gamewell
Gardner-Denver
16
9% May 20
.
-
Gar
May 20
4Va%
15
Apr
83% July
4%
47%
Feb
72% Sep 23
28% Nov 30
21
Sep
44% July 15
4%
33
Feb
18
28
24
9
144
31% Mar 11
43
137
Dec
32
May
34%
,
87
Dec
Dec
160
Jan
39%
45%
x125
Feb
34
Jan
103
Dec
Nov
Mar 19
Aug
16% Mar
87% Nov
Dec
43
May
54% July
40% Feb
123
Dec
118% Feb
100
Dec
131%
xl22
Feb
9
97
Feb
2
28
Jun
Jun
1st
I perthare
9 per share
7%
-
Foods
b%
3
3%%
7
125% Jun
14
13% May
18% Oct
197/8
Jan
12% Mar 17
17% Jun
10
20%
Dec
16% Feb
26
20
13%
26
Feb
12% Nov 24
50% Mar 16
Nov
conv
Nov
2% Feb
'16%
Jan
10% Dec
28
15% Jun
31%
Feb
18% Dec
21
29
Feb
3% May
6%
Oct
120
Sep 15
4% Mar 11
Feb
29%
May
36%
Apr
124%
26%
Dec
35%
Jan
Jan
Jan
19%
Apr
30
Feb
95
Dec
106
Apr
13
22% Feb
24% Nov
11
General
1
Gen
6 Va
General
Gen
Gen
Portland
29
Public
6%
Gen
May 24
31% Jan
12
132% Oct
23
29% May 18
30 % May
6
General
Gen
Time
28
Feb
72% Jan
23
36%
Dec
27% Feb
13
Jan
87
Dec
18
39% May 21
96% Jun
2
Gillette
105%
Feb
17
Dec
20
25
Gimbel Brothers
Dec
16
85% Jun
Jan
75
26%
Nov
3
51% May
58
Sep
48 Vb Feb
5% May
104% Jun
7
Feb
4
124
Oct
113
33
Feb
Jun
99%
Dec
41%
Dec
95
Dec
13% May
3
May
5%
Dec
~12%
May
71%
9% Nov 10
Mar
27
1
MarlO
14% Dec
28
47»/4 Mar 16
July
106
Feb
94 V. Mar 11
Jun
28
3
28
May 18
6
55% July
6% Oct 28
122
Nov
1
24% May 17
64% Oct 26
103 % Aug
11
Feb
38% Mar 17
50 Vb Oct
23
96% Mar 18
105% Oct
4
24
Jan
15
14
Oct
8% Mar
Dec
27
23% Jun
2% Dec
29
57/a Jan
2
Vb
Oct
5% Feb
17
8% Apr
.
xl2
12
Dec
5
Sep
49%
Feb
Dec
27% Mar
133
■
17
34% May
Dec
59
May
29%
14%
Oct
Dec
Dec
70
Goodrich Co
July
12
*122
123
122
*122
*4%
23%
City
100
No par
(W T)
$2.25
Co
Green
(H
7
97
78
May
6% May
95
Dec
85
Feb
14%
Feb
12% Nov 24
31% May
51
Dec
44
Feb
10
67 %
Apr
76%
Dec
57% Feb
10
13%
Dee
16%
Sep
14
see
page
24
Jan
2
Jun
Jun
4
14
July 21
Gt Northern Ry
Western
7%
890
1,500
22
22
22'A
22'A
21%
21%
21 Va
21%
*102
104
*102
104
*102
104
*20
21
21
21
20 %
20%
20%
*22
104
*102
20%
L)
4%%
Ore
6 %
$5
23
16
81
21
Gulf
9
Gulf
conv
Oil
88
16%
17
*74 Va
21
*48%
■
*
5%
5 Va
*115
78
5%
61%
61'A
62
15 VB
15%
*101
44
43%
102
'
15VB
14%
•■:
103
44
102
15'A
&
13%
14%
2%
2%
*101
103
44%
45
*101
45
103
45'A
'
./
'a.'
7,500
104%
*102
14%
2%
*102 'A
104%
400
14'/a
14'A
14%
1,500
2%
2%
8.200
1,100
*.27 Va
28%.
26%
27'/a
26%
26%
*23%
27
26%
25 Va,
1,000
24
24%
*24 'A
24%
24'A
24'A
24'A
24'A
24'A
3,000
95'/s
95%
9 6'/a
*95%
13'A
32 Va
13
12 Va
40%
97
13%
13'/a
34%
*32
6
95%
13%
*32
.24'A
95 %
14
34%
*35%
13%
*32
97
500
1C0
13%
4,700
24'A
100
12%
18%
•
12%
12%
12%
12%
12%
12%
12%
1,600
41
41'A
18 V3
96
12%
41
18%
41%
41
41%
41%
42'A
42
42%
4,200
18%
18%
18%
18%
18%
18%
18%
18%
1,600
140
*138%
78
*73%
78
*73%
78
*73%
78
38%
38%
38%
X37%
38'A
36%
37%
36%
13%
13%
*13%
13%
13%
.13%
13%
13%
36%
*13%
11
10%
11
10%
11
10%
11
10%
11 Vb
95
♦93%
95
*93%
94 Va
94
94
94
94
18
17%
17%
18
18'A
5%
5%
139 Va
10%
100
-*93%
10
*17%
1
*5%
25
102
6 %
12%
Nnnur
45
44 Vb
102
3
*138%
14
Corp
103
*101
1,600
3,800
17%
*13%
Rt.fttfs TTHH+1e« po
10
61%
6Va
32 '/a
12%
61%
17%
12%
*92
62'A
6 'A
32 Vb
No par
61%
17%
12%
No par
62'A
'A
*31 Va
com_No par
61%
*17'A
Corp__No par
(The) —
RR
2,400
.
6 'A
38%
:
13%
17%
*73%.
preferred
*16'A
6 '/a
12 Va
—
5%
116
16%
*17'A
2%
32%
common—
5%'
*115
16'A
6%
96%
Corp
5%
116
16%
17'A
1
Sugar
5%
*115
16'A
2%
100
Aircraft
115
300
17'A
*31%
Die
5%'
5%
2,900
*6'A
*12%
*138
50
6%
*95%
100
100
20%
49
2%
1
——
20'A
49
17%
24Va
18%
21
*48'/a
2%
24%
40%
20%
50
17%
28
*12%
21
6,600
;:
*6'A
*27
-
1,100
73
6%
18
par
*75
2%
*6%
*16%
No par
1
115
116
61 %
101 %
78
20%
50
61 %.
103
*75
5,700
■:;•/.
*48%
21 Vb
16%
*101
78
*75
.
700
100
32
£8
16%
16%
3
preferred
21%
89
16%
16%
101%
Prop__No par
Inc:
Gulf Mobile & Ohio
$5
32%
88
16%
116
103%
_
Co
Corp
Guantanamo
32
89%
16%
16%
43%
pfd
preferred
Grumman
32
89'/a
16%
17
43%
75'A
31%
48 Va 'j:
102%
:
75
16%
21 VB
/
800
20%
89'/a
48%
'
75'A
*72
800
104
32'A
21
5%
20%
32
16%
78
*115
751/4
75
*102
;Y'"
27%
*89
50
534
75'A
21
27%
120
90
*75
116
28
32
;<
43%
Sugar com—No
300
24%
21 %
2%
2,100
'
120 Va
*101 Va
>
80
4%
23%
24%
75
*14%
125
24%
16 VB
*101
•♦
4%
23%
119%
90
*5%
*122
5
24
24
24%
31%
*115
1,500
119%
16%
*48%
12,200
*27'A
21
.
12
20
27'A
par
Common.-
58% Jun
Jun
125
4%
•
1,600
11%
*19%
24%
5
preferred
Greenfield Tap
20% Jun
18% .Tnlv
*122
,
4%
24V4
:
119%
90%
61 Va
Bay & Western RR
9
122
4%
*24
—100
Green
25% July 12
19%
24%
32
No par
No par
com
9
98
12
19%
122-
4%
24
No par
Stores
27
9
11%
19%
27'A
•
*16%
——
Jan
30
11 %
19 'A
119%
iqi/4
1
pfd
conv
77
14
2,300
3%
27%
27
27%
120
....
75
100
common
40% Jun
5% Mar
1,800
14%
3'A
22
104
>
31%
*90
<
No par
10
90 % Dec
*20
-24%
*14%
3%
24 V4
24
22%
*102
24'A
14%
119%
24
1*22
24%
14%
24 %
119%
par
241/4
■O: 3%
119%
*27 %
119%
24
500
24 Vb
27 Va
119%
1
*23%
24
*23%
*
123
4%
4%
4%
'
*27 %
<
:—5
Steel
21
Feb
122
5
23%
5
Apr
29% Feb
Jan
footnotes
19%
10c
700
3,000
3%
3'A '
11%
19
31,300
14%
14'A
3'A
11%
10
60
~8%
3%
19
P
27
105%
3%
11%
1
&
Feb
Dec
For
S
132
4% May
3%
60%
125'A
100
11 %
;
.
18%
Co (The)
Jan
16% Nov
92
"
Consol M
Union
Great
13% May 17
24
11%
Graham-Paige Motors
Gt Northern Iron
5
?:
19
No par
15% May 21
Feb
13%
11%
Gotham Hosiery
50% May 15
23% Jun
1
17% May 17
J.
No par
14
10
3%
;
19
preferred
11
Dec
*31/4
24
11%
com—
27
13% Dec 31
24Va
13%
24
$5 preferred—™_
Goodyear Tire & Rub com™No
Greyhound
9
(B F)
Dec
17
*24
Shares
14%
10
16
145% Jun
*13%
59
14% "14%
Co
36% Feb
35% Aug
21% Mar
13%
14 %
5
Feb
163%
13%
13%
Inc
3%% preferred
Grayson-Roblnson
July 14
*3,3%
14%
23%
—
Goodall-Sanford
2
40
14
14
50
14% Sep
Mar 27
99%
23%
com
8
9% Mar 16
125'A
99%
*13%
preferred
(The)
Grant
29
20
?...
Co
conv
15
Feb
125%
99%
24 %
y
1
Goebel Brewing Co_—_
Gold & Stock Telegraph
Jun
Feb
*125'A
99%
14
$5 conv preferences——_No par
May 26
37%
59%
125%
99%
*72
99
14%
60 Vb
*125'A
99%
59%
77
31
Dec
59%
125 'A
59%
75
30
May
59 Va
125'A
99 Va
77
Granite
9
59%
125%
*72
22
Nov
58%
59
for
the Week
f per share
.99%
'14 %
No par
No par
Sales
Jan. 21
S per share
share
78
Oct
Nov
t per
125%
i—5
preferred
5Q0
9934
—No par
com
50
105
Friday
Jan.20
Jan. 1!)
*j.-»%
common
127
105
58%
No par
Safety Razor
-
Thursday
Wednesday
Jan.18
share
*126
105'A
PRICES
HIGH SALE
Tuesday
127
105'A
75
35
23
'126
126
106
*77
11
89
28
126
*72
Granby
Jan
1,900
105%
10c
com
6,000
52%
125%
58%
1
No
300
12 Vb
126
par
No
96'A
11%
9934
*125
Y
_No par
Co
*94
8,200
51%
106
per
95%
42%
12 Vb
126
I per share
42'A
52%
78
Grand
Mar
9 per share
*94
42%
12 Vb
106
AND
140
22,800
52'A
126
Jan. 17
500
39%
12%
95
106
Monday
*39
52 Vb
*125
106
Saturday
:
Co
'
*104%
126
"
12
95
12%
52 Va
75
$5
134
39%
9%
*78
52 Vb
95
12 Va
52'A
*72
20
33
41%
*77
23
107
42
80
4%%
yV/
'
75
Oct
Dec
133%
*77
18
Dec
300
: 133%
'133'A
133
"'-72
Feb
90
470
41'/a
12%
20
300
19%
100
18
23%
*94
95
2,400
•$:/
,*19'A
39
52>/a
11
19%
100
Glidden
9%
10%
163%
10%
19%
%
39%
11%
10%
163%
.
2,500
preferred
15% Aug 20
21
19 Va
,
10%
11
9 Va
preferred
$4.50
1,200
106%
30'A
4%%
v
200
44 Va
104 %
79 Va
3%%
May 15
Aug
8%
125
10
com
Gen Tire & Rubber
May 12
82% May 19
109
61%
4% %
17
104%
44%
*
30'A
38%
51%
52
*104
No par
Corp com
preferred
98
Dec
'12%
12
517/a
"
Instr
Nov
49
94%
*94
$6 pfd—No par
Telephone Corp
20
81
102 % Dec
*103%
?%:;.<•/;•./;
106%
79 V2
41%
41%
5,100
2,600
30%
79
39%
A 39
300
20%
15
*29%
30 Va
133
134
-100
90
21
95
General Shoe Corp
Gen Steel Castings
15
13
21
19%
133%
23%
20%
163%
9%
9%
,79%
*78
*29%
19
162
*10%
9'A
9%
78
30%
41%
par
-100
Refractories
30
103
40%
preferred
General
2
Dec
41 %
com
Realty & Utilities
14
10
Dec
40%
Utilities. Corp
Dec
85
133 Va
10%
10 Va
163%
*19
i
1,700
15
/•-
104%
45
104%
*10%
9%
LOW
Cement
Railway Signal
18% Dec
22%
133 Va
134
10%
163%
78
18%
Jan. 15
Advertising
98% Apr
30
18'A
18%
10%
*29%
77
30%
45
45'A
106 Va
10%
10%
9%
9'A
77
*29 VB
39%
1
series
30% Jun
22% Dec
31
Outdoor
76
Dec
9%
103%
104%
103 Va
*44V8
*104 Va
.
163%
10%
;
11
,;
300
5%
"
44%
106
*162
163 Va
*
104%
44%
*105
10 Va
10%
*161
*10%
*133
No par
Feb
17% May
44 Va
106 Va
38 Va
STOCK
Corp
$3.75
Jan
90
10 Va
104
104
44%
*105
163 %
18%
No par
Gen Precision Equip Corp
Gen Public Servicd—
24
128% Jan
Motors
Preferred
May 18
110% Feb
21% Dec
YORK
108
23% May
104
.
44%
107
10%
100
Dec
40%
104
%
387/b
preferred—
85
21% May
•
103
No
preferred
$5
18% May 27
4% May 21
Feb
18% May
26
11
66
4%
101 %
15 '/a
.
100
17%
*29
20%
15
*10%
Par
1
99 Vb Jun
140
20%
15
Va
38%
4 per share
17
Oct
20%
14%
EXCHANGE
Oct
May
20%
14%
29
300
15
5%
29%
20%
77 Va
preferred
NEW
93% Feb
119
29%
30
*29'A
29%
15%
30
Instrument Corp
Highest
Sep
Feb
Mar
*
20%
■
1,000
17%
5% //■5%;Y-:,
■
29 %
*161
No par
2
129
5%
14%
44%
100
$3.50 preferred
108
107 Vb
5%
30.0
9
40
*14 Vs
17%
20%
9%
com..
128% Jun
Dec
19
Corp
10
Dec
5%
3,200
40
,
15
•
25
4 per share
5%
14 Vb
*17%
14%
No par
General
1948
17%
20 Vb
*105
No par
General Mills common
year
15
*17 Va
29 Va
*28%.
Co
18
Lowest
*14V8
17%
400
6%
17%
9
40%
14%
*76%
com
25
Jun
*
50
—
Electric
General
2
*
14%
*17%
6%
6%
*17
9
•40
40 Va
20%
100
Inc
40 Va
29%
No par
com
-
Oct
Jan
125
Corp.
9
9
9
9%
14%
•
*6%
6%
17'A
14%
.100
2nd preferred
6%
17%
20
com__ 1
5
53
51%
Dec
*28%
6
17%
6%
17%
40 Va
5%
1.66%
preferred
General
8
120%
2% May
11% Dec
5%
;
13% Dec
Range for
Highest
A
*5%
com
STOCKS
Year 194?
65%
1
50
Inc
preferred
conv
Range for Previous
Lowest
94
17 Va
Investors
General Cigar Co
May 27
96
9
Mar 13
Feb
Jan
41
13
10%
Jan.
14'A
17'A
preferred
General Cable
71
37
W<23% Dec
*13%
17 Va
General Bronze Corp
July 14
Jun
14%
*17%
Amer Transportation
5
$4.25 pfd series A
-No par
General Baking Co
common—
5
$8 preferred
No par
3
82
*13%
6%
6%
17 Va
9%
41
*40
6.%
6%
*6%
*
40 Va
9%
*9%
9%
17%
17%
17%
17%
No par
$4.50 preferred
11% July 13
159% Dec
1
6%
*9%
General
May 12
6%
6%
41
Co
Industries
conv
6%
6%
—No par
(The)_:
General American
63% May 15
>14% May
Wood
6%
6%
*40
50
Gaylord Container Corp
4
18% May 15
105% Jun 30
106
Co
*16%
5
.
*6%
6%
*6%
20
com
6%
*6%
1
preferred—
conv
17% July 21
3
1
com
Gamble-Skogmo Inc
19
23% Jun
28
100% Jan
Dec
(The)
(Robert)
preferred
6%
26% May
16
5
Co
78
1
38%'
17%
6
95
13
*48
49 %'
*69%
69%
a
73
'/a
*38
17 Va
5%
*92
*138%
140
78
17%
5%
95
•
*73%
T8
5%
92
140
5%
92
*138 %
92
.92
*5%
*92
140
6
95
*139
140
500
10%
11
16,600
*93%
94
17%
-18
*5%
6
92
92
13'A
13
13%
13
13%
13'A
13%
13%
*47%
48 Va
48
48
48%
48%
48%
48%
*48%
69%
69%
FQ%
69%
69
-
69%
69%
70%
PQ%
70%
16%
16 %
16%
16%
1R5V
m7/„
16%
16%
i"%
17
13
2.9C0
14
13%
49
90
2,400 '
600
100
3,600
400
9,700
17,600
'"?•
Range for Previous
Yearlu4<
Lowest
Highest
Lowest
Highest '
„
■
-
'■■...
t per share
share
$ per
f per share
'■)■
'
Jan. i i
(,
) $ per share
I per share
par
v;
$ per share
$ per
,$ per share
.
S per
share
the Week
14
10
35% Oct
15
Hackensack
22% Sep
15
Halliburton
On
Dec
Feb
12 y4 Dec
28
16% May 22
Jan
123/a Dec
16
xl4% May 21
31
Jan
19 %
19
873/4
Dec
112
102'/a
Dec
108 %
Sep
191/2
Apr
27%
Dec
148%
Oct
39 y2
28% May
.6 V4 May
75%
6
APr
95/8
6% Feb
Oct
365/8
Dec
Jan
8
Jan
5
4%%
11
5
"
303/4
Jan
203/4 Oct
28
27 % July
12
Hecht Co common
Dec
1033/4
Apr
78
Jan
27
91
Jun
25
35
May
423/4
Feb
29 y2 Dec
20
42
Jan
2
x95
Dec
July
95'/'a Jan
23
103'
22y2 Nov
17
100
Heinz (H J) Co common.^
L25
3.65%
preferred
4.100
Helme
(G W)
common new____'_10
7%
non-cum
preferred new—25
May 28
24% NOV 30
29.
35 V4 Oct
:
34% Dec
22 y4
14 '/a May
t
50y4
'
Sep
63
Dec
38
118
Oct
134
20
-Sep
29 y2
28
22:% May 21
Hercules
4i3A Dec
Feb
134
Dec
126
20
13y4 Dec
Feb
15
57% Apr-
6
2
Heroules Powder common
10
1231/a July 27
Hershey Chocolate com—
128% Feb
1203/4 Dec 14
Mar
Sep
Sep
114
Jan
16
Mar 22
17
273/4 Jan
29
283/4 May 20
Oct
7
Nov
78
86% Jun
143/4
Dec
9
Jun
33
Dec
28
Apr
x29 Va
Nov
121/4 Dec
31%
Jan
211/8 Feb
20 y4
Oct
25
Jan
9% Dec 23
15% Feb 14
14 y4 May
17
f
May
Hinde
&
Hires
Co
Holland
16% May 17
5
y2
1
25% Jan * 2
31
213/4 May
2
Hollander
Jun
37-
1
Mar
29
30
Oct
427/a Feb
24
Jan
48
Jun
291/e Nov
22
30
Nov
36
Dec
243/4 Nov
26
9
Feb
291/4 Dec
22
46%- Jan
14>
Oct
27
Nov
10
343/a Jan
2
19
943/4 Jun
7
Oct
25
44
Dec
56
28 y4
Jan
36
Dec
105%
Sep
81
Oct
37 %
May
451/2
Jun
38*'-
Mar 12
18 3/4
Jan
285/a
Dec
20 %
Dec
29
Feb
14
Dec
29
23
383/4 Mar
33
Jan
31
47
33/4 Sep
3/4 Sep
85
3iy2 May
3
7 5/a
May
203/4 Feb
Feb
133/4 Mar
73/a May
8
49
7
Jun
9
29
8% Dec
27
28
20
143/4 May
12 y2
21%
Oct
12 5/a Dec
10
223/4 Jun
30
May
15% May
33/4 May
>
34% Jan
Jan
10 Va Dec
24
31
27
2
Feb
'
t per share
$ per share
$ per
share*
.
"90
48
%
47
Corp
25
—
34%
"14%
Manhattan
common—100
Hiydson Bay Min & Sm Ltd—No par
4
Motor
Hunt
Corp
12%
6.66%
"IO1/4
2%
7
1948 ft
NEW
Idaho
423/b July 14
Illinois Central
Power
Dec
62% Feb
Aug
95
Sep
9
973/4 May 17
Leased
15
Jan
26%
Dec
243A Jan
22
37% July 12
RR
26% Aug
lT%
Jan
11
9% Feb
Dec
30%
11
20% Nov 30
July 13
May 26
30
7% Nov
26
153/4 Jan
28
38 Va Dec
17
56
Jun
3
42
Apr
10
343/8 Mar 10
Oct
9%
47% Nov
1
15% Feb
11
21% May 27
Feb
6% Feb
11
8% May 24
Dec
108
Feb
Dec
21
86
Mar
7
Dec
18
1% Dec 23
11% Feb
15% July
May
11
23% May 15
Jan
8
16% May 24
156
Dec.31
11
Feb
10
21
x34% Jun
Jun
Oct
18
174% Jun
11
10 %
Feb
5% Nov
26
9% Jun
24
Int'l
34%
Oct
233A Feb
11
38 %Jun
9
Int'l
257/a
Dec
94%
71
135
86
Sep
9
May
16
Feb
104
Dec
116
Jan
2
42% Mar 17
Oct
107%
21
247/B Mar 16
Feb
Dec
593/a
Dec
3% Mar 16
Feb
367/8
Dec
160
Jan
137
Feb
Feb
28
5% Dec
31
Dec
28
65
93
Jun
3
5% May 20
34% Oct
23
99
14
July 22
May 20
107% Jan
29
58 3/4
Feb
52% Jan
24
64
Jun
2
Dec
39 Va Nov
22
45
Jan
12
633A
Oct
43
Feb
40
Mar 12
Mar
30
4
653A July 12
35
Mar 31
9% May
173A
Feb
83/4 Nov
26
16% Jun
24
9% May
;,17%
Feb
8% Nov
29
.16% Jun
24
26%
Feb
19
Apr
20
'
■.
Oct
273/4
May
•
ft
•
158
.
15
46%
46%
i —'
143 3A
Jan
6%
Jun
13%
19'A
Dec
24% July
Aug
$4
Nov
9
39% May
137 Va Jan
16
145
May 25
$6
4% Dec
14
10
May 27
14
Jacobs
13
23% Jun
29
9 %
23
8%
"40
20
13
13%
13
13%
5,900
10 Va
13 %
10 Va
10%
10%
10%
10 %
2%
2%
2%
2%
ft 2%
2%
2%
13%
13%
"13%
14
"13%
13%
AND
Wednesday
$ per share
$ per share
82%
"95
"82
"95
98
t per
$ per share
x32%
9%
9%
9%
9%
23 %
22%
27 VB
23,703
8%
61 Va
"153
39
39
39%
17%
17%
17%
17%
8%
"8
100
1_15
No par
40
40
39%
40
63
63
63
63
"153
159
"153
159
"153
40%
17 5/s
17 s/8
17%
8%
8 Vb
"8
15
14%
14%
89
88
88
x88
88
90
90
"90
1 %
2
"1%
26%
168
6
168
1%
168%
5%
6
Va, '
13 Va
27%%
168 %
168 %
27
27%
"73
743A
73 Va
743A
4%
4%
4%
30'A
50 %
"94
"6%
30%
30
141
51
50
"94
95%
95%
"6%
6%
com—No par
100
69
69
No par
"57
•59
68%
7
76
4'A
30%
4'A
30%
GOCO
18 '
18
1,203
"8
14%
90'A
90'A
133/8
13 Vb
13 Vb
156%
156 %
157 %
157%
8f 0
27%
13.6CO
170%
560
2
27
168%
6 Va
2
2
27
27%
170 %
169 Va
6 78
6%
28
273/1
28
76
"74 %
76
4%
4%
2,300
30%
303/8
30%
17,400
141%
141%
"141%
143
142%
470
•
50 3/8
51
50%
50%
503/a
9,200
95%
94'/2
94%
".94 %
95%
"94%
95%
120
6%
"6%
"6%
6%
6%
6%
"6 3'4
"68
683/8
69
69
50
69
142
60
43%
60
"57
59
"57
59
60
"42%
43
"42%
43
42 7A
43
"43
43
56
55%
56
"55
56%
55%
55%
"32%
33
"32%
33
"32 Va
33
Stores
Intertype Corp
No par
No par
4
50c
Island Creek Coal common
preferred
1
"32%
33
8%
9
9
9%
9 Va
93/8
9%
9
9
9 Va
9%
20
"25%
313A
"145
20%
26 %
20
"25%
31%
150
31
"145
25%
26
313/4
31%
"145
150'%
9%
"32%
9%
55 Va
56
"32 Va
33
93/B
9V2
•
9'A
93/8
9 5/8
9%
"20
20%
20%
2C%
20 Va
25%
"26
26 Va
313A
"31
31%
9%
"145
150
150
"26
31%
"145
303
2,100
33
20 V2
"20
20
9'A
"58
100
220
68
55%
'
7
68
69%
"42%
"9
2C0
43/«
43
25
3.9C0
2,400
30%
56
,
'00
1,600
"4%
•55%
No par
6%
27%
"423/3
a,
„
2
"74%
>25
ctfs__
TO
91%
13%
"57
"58
103
1,100
145'.,
_No par
Shoe
8%
51%
"94
68%
6 l/s
27%
143
50%
;
168 Va
"74%
30%
"141%
513/fl
27%
"27
4%
30%
30%
142
141
156
76
4%
141
5%
6 Vb
"73%
"4%
26%
27%
27
27%
13 Va
168%
168%
6 Va
6
"26%
1%
133/a
156
156
26%
27
.
'
155
155 'A
1%
1%
13%
2
13
40%
14 7/8
"14%
"87%
800
40
8%
17%
8%
1,500
40%
17%
40
"14%
"
1.4C0
159
393/4
15
13 Va
com—No par
39%
62
14%
26%
1
8%
62
15 %
154%
100
1,203
2 900
8%
"15
13
_100
9%
22%
"8'A
40 Va
"8
8%
9%
22%
8%
39%
159
17%
"7%
978
22%
8%
63%
"153
39
9%
22%
8%
8%
"61%
61 Va
20
9%
40%
838
40
159
V
22%
9%'
22%
27
!
26%
'
22%
9%
22%
156
Co com
410
2«%
26 %
23 %
13
1
2 8 Va
26 %
1
Corp
27%
23%
27%
20
>.
"95
263/n
39%
400
83
96
"26%
8%
98
2,103
8.303
28
26 3A
39%
83
96
263/8
8%
32%
30%
83
23%
40%
30 V0
83
26 Va
39%
_5
share
Shares
98
26 Va
63
for
the Week
83
26
159
Sales
Jan. 21
Jan.20
"95
1
83
98
26 Va
"154
Mining
823/4
26
63
1,400
"82
26
"153
2,709
Friday
Thursday
Jan.19
Jan.18
S per share
"13%
1.700
2%
13%
PRICES
SALE
HIGH
Tuesday
11
13%
10%
I
5
No par
Dept
13
13 Vb
Jan.
96
100
International Telep & Teleg__No par
Interstate
5,000
10%
No par
share
100
46%
2%
No par
preferred
11%
48%
"
13 Va
Monday
84
No par
International Silver.common
1
22 3/8 Mar
9
26 %
5
:
ftft
5% preferred
International
Salt
26% May 27
35% Jun 14
17% Mar
"25%
No par
Co——
preferred
7%
10 %
46"%
*
96
100
1090
A
Int'l Rys of Cent Amer
Foreign
11%
46 5/a
"82%
Nickel of Canada
International
"10%
10%
133/4
1,800
11
46%
12 74
1;>
$ per share
7%
7 %
7
7
11
46 3/8
12%
common
Paper
7
l.oOJ
12%
46%
■
200
45%
453A
47
"11
,
7
7%
7Vs
7%
12 5/s
47 T
90
15
"14%
100
common
Preferred
International
45
.
Int'l
1
Jan
Jun
15
33
preferred
4%
2
Apr
32
7
Machine.
International
643A Jun
37%
May
15
46 Vn
45%
30 %
Hydro-Electric Sys class A—25
Minerals & Chemical com—_5
139% July
463A
40 %
"14 Va
45%:
45%
32%
preferred
7%
1863A
130% July
3 8 3/4 May
15%
34%
"14%
29%
No par
Harvester
Dec
53/4
34%
35%
29%
Inc..
Iron
Business
Int.'l
May
96
48 %
35
33%
1
Corp
Int'l
6
Dec
48%
35 Va
29%
preferred—
100
Rubber____.No par
Interlake
22 % May
Dec
48%
3 4'/a
33 %
Inspiration Consol Copper
163
3%
91%
48'A
29%
Inland Steel Co
4%%
l,9u J
8.500
91%
48%
343/a '
Rayon
Interchemical
48%
92%
47%
L9 Va
Intercontinental
33/4 May 18
48%
>34% •35%
92 Va
47 Va
33%
:
Insuranshares Ctfs
103
26% Dec
125%
76
/
29%
Ingersoll-Rand common
6% preferred
11
25
Nov
13
3
Jun
8%
Sep
May
100%
76% Jun
160
17%
12% May
6%
Feb
Industrial
92
34%
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A
Dec
29 %
28%
Illinois Terminal
July
58% Nov 24
series
RR
29 %
92
34
pfd ser A
Co
Power
29%
92
34
3
17
150
Illinois
600
1,4 r0
287/a
28%
9
50
Feb
clfs
stock
2,9C0
32 %
34
4%
lines
440
113/4
32
28%
20
conv
non-cum
103%
11%
common-100
:
RR Co
% Jun
12
Jan
33
?
*
25% Jun
x35% May
180%
6%
103%
11%
92
LOW
Jan.
.
400'
27
33
2%
V
*
I' ■
Co
35% Jun 24
97
Dec
29
14%
Saturday
STOCK
YORK
Par
64%
169
32%
2.)
400
22%
103%
"10%
13
14
14
EXCHANGE
Jan
12%
32%
29
34%
21/2
No par
Hussman Refrigerator Co
33
"28 5/s
,
91%
%
46%
10%
T_1
;.
_•
——:
11%
"32%
"32 Va
'
Nc.par
1
Car
Inc
Foods
Hupp
11%
28%
"11
47»/8
Hudson
14
103%
11%
45
"•••»"
12%
47
"103%
103'/a
14%
7%
7%
"11
3o%
103%
33
34
45
—.100
preferred.—
non-cum
2.700
26%
11% >11%
45
'14%
45
5
'ft. > 22
'
3434
1
—_
;
Co,.
28
28 Va
91%
Stores
28
28
"47%
Howard
28
36%
28
"90
3C0
35%
35%
—100
No par
preferred
3,100
11
2,200
36 3/8
28%
23%
"10
35 y8
36
"32%
10.)
23V2
23 Va
35%
36 %
32%
13%
22%
357*8
28%
33A%
22%
32
"13%
"26%
361%
32 3A
3.900
"31
14
26%
"26 Va
"28%
93/8
"J'/B
9%
—
22%
26%
No par
"81%
83
5,000
26%
10%
22'A
26%
28
20
83
"22%
10%
"21%
26%
103%
19%
ll'A
10
22
11'%
Co
6(0
20%
20%
19%
22
*10V4
10
36
430
11
26%
'■
1,503
"10
"21
"
20
29%
32
-
"13%
14
22%
10%
28 Vb
93
Dec
22%
26%
103%
37% May
73A May
"13%
"31
•
300
5,000
119
119
21
9%
31 3A
"31
14
"81 %
9 %
21%
11%
27% Mar 16
x21
93/8
223/4
.
19%
■r
82%
"81
>32 *>>>
"31
"20%
/
28 Va
A
$ per share
90
19 3/4
"26 %
103 %
30% Apr
"
22%
111/4
Dec
11
21
19%
9%
14
23 %
28%
32 %
-
122
21
4; 0
127
X29 %
121
121
122
46%
45.
"125
29
28%
14
14
Va
127
"125
20%
82 Va
46
46
28%
283/a
"36
14%
"13%
46%
21%
14%
23
36
127
"125
29
25%
35%
14 »
Va
13
46%
123
32 »
23 3A
"
125
"13%
14%
"23
36%
35%
46%
99%
25%
36%
25
'.nr'-v■<
9%
103%
39% Aug
27
50
9%
11V4
18% May
May
800
36%
"30%
32
"14V4
I
30
25Va
9%
103'%
Highest
Lowest '
Highest
50
25 Va
"98%
25
99 Va
"98%
25
"81
82 %
"81
93/8
STOCKS
Lowest
983/4
19 %
20
"28'A
5.%
Apr
8
May 17
143/a Jun 16
Range for year
'
93%
"21
21%
19%
5
Range for Previous
Year 194 1
33%
"121
122
122
"20%
No par
,—50
series
Hudson &
5
7%
"323A
28 Va
28%
$4.50 div.No par
Electrochemical
nfd
Howe Sound
19
Dec
<
3
Nov
50
Feb*
43 '/4
May
"30%
"21
& Sons—
(A)
Houston Light & Power—
Houston Oil of Texas v t c
10
Jun
-
12 % Sep
33
>
383/4 Jun
11
85
33
125
125
'
283/B
82%
'"10
2nd
31
85
"32 Va
14
Household Finance com
28
13
Dec
Feb
"83%
32
35%
Houdaille-Hershey com
$2.25 conv preferred..
1
Dec
18% Jun
Dec
11
19%
85
32
25
35%
"124
10
"83
"84
85
46 %
.93/3
5
Hooker
353/4 Jun
103
99
13% May
21%
"83
14
28%
"81
Holly Sugar Corp
j.__„—.— 10
5% conv preferred
—
—:_30
Homestake
Mining
12.50
30
35%
22%
46%
20%
5
22%
14/
21
_1
22%
25
>.;V "35
122
_•
"21%
303
21/%
21%
45%
20%
Co„_
1,900
21%
14
21
The^.'
E)
(C
Furnace
8%
20'A
46
119
5
10
8 Va
20%
99
35%
1
100
Co__
Paper
8%
20%
'
28-
303/4 Jun
Dec
25
Dauch
8%
20%
"98%
"35
—5
Hotels Corp_—
293/4 May 20.'
Jun
26
,
3%%
8'A
203/8
98 V4
•
Hilton
8%
20 Va
"317/a
98%
125
■
200
at »A
31%
"24%
"28 Va
800
73A
73/4
8
20 3/8
31%
99
.
65."V
"63
65
"75/B
•.
8 Va
32
25
46
800
;
20%
84
"98%-
"13%
t__
Vb
21%
84
"24%
.
■
5%
"5
*•
"63
7%
1,400
24'
24
'
ft- 110
150
"147
5
120
".
22%
22%
,24%
4%
1053A
107'ft:
4,900
8
"21
31
%
1,600
75
75
150
"23%
*
"12%
"12
"
>22%
"147
65
"7%
'
77
20%
8
84
7-%
"7%
7%
12%,
22%
5%
"63
64
"61
1.3C0
;>io5% 107
24%
5%
5%,
3,403
13
"74
22%
23%
19 %
12%
"12%
'
-
150
"147
/
24'A
31%
19%
13%
31%
•19
107
"22%-
-
150
"5
64
20
%
.21
No par
Inc—
"105%
.
400
ft/.
31%
19%
"12%
"31
A
77
"75
'
22%
22%
24
5 3/4
"61
8 'A
"124
Chemical Corp
cum preferred
106%
"147
23%
"7%
20%
:_100
No par
preference
conv
Heyden
25
14 3/8 Jan
31
Dec
10y8
22
$4
Hewitt-Robins
2
13
177/a NOV
29%
1
.
81/4
VI-
.7
31
No pa»-
preferred
5%
30 % Apr
25 'A Oct
22%::
"5
"80 V-
.
No par
Motors
>
150
23%
"20%
15
May
108
106
% "147
:
64
20%
22
■
106%
53A
8
-2
90
preferred
"105%
23'A
;
"61
.
i—5
33/4%
123/a
77 /. '
*
—i—1
Co.—
Hayes Mfg Corp
Hazel-Atlas Glass
11% Jun 10
261/2 Jan
—_1
—100
—___.
12
77
22%
150
"5
of Anier c.ass A
preferred
12 Va
77%
23
•;
"14/
>*23
Industries Inc-ft—_
ft—
Hayes
11
10% Jun
11*
Mar 10
x20
Jun
Hat >Corp
23
.
100
13% '
"12%
13%
>>>'.. 18% :>19V8
13%;
12%.<
:
12%
12
'
——10
.
Marx
&
18%'
77 5/8
>". ■:
106 3A
,"105%
com__No pal¬
Refrac
Schaffner
121/4
79%-'
"73
Co $4.25 pfd__.No par
preferred
s'^
Hart
t
:
31%
18%
.
31%
"31
31%
19
12%;
13 %
'"12 Va
100
32
18%
A';/
19%
.
"12 3/4
No par
Harbison-Walk
9'
nays'
b
r-
*_
(M A)
8
9
Printing
preferred
32
32%
"31
1-25
Cementing__5
Well
Watch Co cam„
79
31-
61/2 Feb
Feb
12
May
,
Dec
59
F«
conv-
Hanna
150%: Jan 28
34 V4 May 15
>
30
4% Dec
Feb
lul/4
4% May
25
Jan
100'/a
Dec
30
20% Dec
4 %
16
27'/a .Jun
24
146 % July
Jan
(
Hall- (W
Hamilton
12
Jun
107'
10
xioiy2 Feb
21Va Feb
Jan
89
Mar 22
79
Feb
160
-A— I
Water
9
39
; Jim
>13
Feb
15 y2 Nov
Dec
Shares
share
H
.,,32%
for
Sales
Jan.21
Jan. !J0
Jan. 10
Jan. 18
Friday
Thursday
Tuesday
Monday
•Jan. 1.j
.
( per share
Saturday
STOCK
EXCHANGE
HIGH SALE PRICES
Wednesday
AND
LOW
STOCKS
YOKtv
NEW
Range for year 1948
.
Monday, January 24, 1949
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
10
36,100
10
1,900
20%
9(0
26%
200
800
2 6 Va
"26
31%
32
32
"145
150
150
J
80 3A
Dec
393/4 May
104%
53
Feb
18
Dec
Feb
79% Dec
18
92 % Jan
Jan
39 Va Feb
18
48
89
Dec
104%
Sep
89 % Oct
27
37
Jun
46%
Oct
33 % Sep
108%
Dec
24%
Sep
98
Dec
145
Dec
273/a May
99
Oct
100% Feb
34% July
203A Feb
19
35
Dec
2
106
112
Jan
99
May 11
42% Jun 11
20
11
125 V8
30
May 28
113% Jun
9
Oct
28
May 21
(F
33A %
Johns
Jun
11
Joliet
23
Jones &
16
;5%
Jan
40%
Oct
30% Nov
3
14
Jun
223/4
Feb
11% Dec
28
21
9
98
43'A Jun
1
Joy
45%
95%
"25%
100
37%
38%
110
108 Va
&
Chicago RR stamped
100
"153
160
Laughlin Steel com—No par
313/S
"85 Va
85%
Manufacturing
Co
1
38
38
103%
4%
700
"18
18%
83%
"82%
83 Va
*45%
30
45%
"45
45%
45%
1..7C0
97%
"97
93
"96
97
38'
38%
108'A
108%
38 %
38
108%
108
38%
109
A
443A
"97
38 %
1C9
98
38%
109
33%
3 3 3/4
33%
33 Va
33%
33 Vo
33%
103 Va
"101%
103%
"101%
103%
"1017/8
103 Va
"101%
"153
"153
160
"153
160
"153
160
"153
50
6,800
1,000
-3,300
103%
160
160
33
34
33
31
31%
100
preferred series A
38
38
108%
"4%
5
1834
"82%
"101%
33%
39% Oct
25%
45'/a
95%
103 %
93% Apr
158
45 Va
98
33%
83 % Feb
6
82%
46
"4:i/4
"18
82 Va
45%
83%
86
4%
18%
82 Va
"13
18%
"82
"45%
37%
4%
4%
"18
"96
"108%
common—.
4%
5
18 3A
"82 3'4
"1013A
29% Mar 16
29
"18
82 %
No par
preferred—
4%
5
18%
12 %
Feb
Jan
"4%
"18
2nd preferred series A—100
Feb
145
100
Corp com__
Johnson & Johnson
4%
No par
preferred--,
Manville
3%%
Dec
101%
1
No par
pfd__100
Jewel Tea Co Inc com...
39
Dec
Co.
Jersey Cent Pwr & Lt 4%
151
86%
L)
Jaeger Machine Co
*
32%
31%
32%
31%
31%
31%
313A
31%
31%
12,600
85
85%
85
85%
84 5/«
85
84
85%
84
84%
2,340
37%
38
375/8
38
37%
38
5,700
38
37%
38%
38%
K
May 20
Kalamazoo Stove & Furniture
Kansas
94
Dec
108% Mar
Nov
X89
May 11
3.80%
98 % Dec
16
May
29%
Dec
14
101% Dec
27
4%
23% Feb
11
48% Oct
23
Kansas
22
47% May
58% July
48% Mar 12
60% Jun
133/4 May
18
13% Dec
18
Nov
29
May 22
13
V? July 12
203% May
26%
Feb
20% Feb
20
26% July
13%
21%
Oct
15% Dec
23
22
Jan
For
footnotes
see
page
>-!■»
4%
100
preferred
cum
preferred
100
City Southern com__No par
non-cum
Kayser
10
(Julius)
prelerred—
&
Co__
100
_5
Kelsey Hayes Wheel conv class A_l
Class
."12%
12%
xl2 %
96%
96%
102 V2
"12%
12%
96 %
12%
12%
12%
"12
12%
96%
96%
"95%
97%
"95%
96%
101%
101%
101 %
101%
"101%
38%
37%
38'/a
28%
54%
City Power & Lt Co—
B
1
"?5
102%
"1013i
"38
38%
37%
28
"54%
.55%
"54%
55
*101%
"14
14%
"21
22
"15%
16%
14
14
"20%
21%
153/4
15%
;
38
"54%
14
"21
15%
55
14%
22
15%
"
1C2
40%
"12
96%
102
12%
96%
102
39
40%
543A
55
300
100
ISO
5,400
5C0
54%
"54%
13%
13%
"137/8
14%
"20%
21%
"21
22
21 Va
21 Va
100
16 y4
"16 Va
16%
16%
16 %
700
16
55
"14
14'A
1,700
Volume
THE''COMMERCIAL
Number 4771
tfear 1947
$ per share
41 y4
May
52%
NEW
Range for year 1948
v
Highest
S pershare
FINANCIAL
CHRONICLE
STOCKS
Range for Previous
Lowest
&
Lowest
$ per
-
I per share
LOW
STOCK
YORK
Saturday
EXCHANGE
Highest
Par
share
Kennecott
Monday
Jan. lo
Wednesday
$ per
Thursday
Jan.19
Jan.18
$ per share
19
HIGH SALE PRICES
Tuesday
Jan. 17
t per share
No par
Copper-
AND
(391)
i
share
Friday
Jan. 20
for
Sales
Jan. 21
I per share
per share
the Week
t per share
Shares
Jan
13
60 % Oct
23
55%
56
55%
55%
55%
55%
55%
51
20
Kern
b
55%
Apr
Ouvb
*45
55%
30
54%
46
55%
45'A
46
40V2
45 Va
45 Va
45 Va
40 */2
4o va
16% Oct
20
40%
1
Keystone Steel & Wire Co.—No par
40 '/a
12% Dec
21%
42 % Feb
40% Nov
.
*12%
13
12%
12%
12 Va
12%
12%
12%
*12%
13
12%
12%
21%.
21%
1,500
21%
21%
21%
22
21%
21%
21%
21%
21%
21%
yt%
1,900
96%
*95%
*95%
97%
9.6
97
*95
97%
130
<<12
13
*12%
*u3%
65
Dec
27%
Pea
19
Feb
11
Dec
103
116%
Feb
92
Oct
27
19
11% May
20
Feb
11% Feb
65'/2
85
Jan
63
Jun
Mar
14% Jun
2
Jan
2
37% uet
4%
2/
75
com—No par
m R)
Co: common
__p
$5 prior preferred
No par;Vf;
'
25
May
90
Dec
34
Jan
40
Oct
Jun
59
Feb
52%
Oct
45
38%
Oct
29% Dec
102 % Aug
40% Apr
28
89,
Nov
9
32
Feb
13
45% Feb
16
58% July
40% Nov
12
49
Koppers
95% Ju»y lo
39%''Jun
3
lnc
Go
8
,
7/30%'
1O1
common—
97
*12%
13%
*12
*64
65
•'64
31
31
93
*93
—10
37%
37%
No par
•-
55
55
4u%
46%
;—-—No par.
Kroger Co (The)
97%
*95 Va
lj
,r--~-100J
preierred
Kre'sge (S S) Co
Kress (S H) & CoJ—
4%
Oct 22
,
2nd nreierred—_—100
conv
Kinney
Co
Corp
Kimoerly-Ciark
24
May 24
104% July 14
8
r.and
County
*12%
"
13%
*12%
13%
64%
va
64'A
*64
65
65
16.500
i,/uO
13
65
65%
30
9,800
31%
30%
30%
31
31
31%
95 V2
96
95%
96
96
150
37%
37%
37%
38
38
95%
38%
*37%
38
3,800 j
55
47
30%
95
55
55
55
55%
55%
55%
*55
55%
1,400 )
47%
*54%
31 Va
94'A
37%
37%
30%
94
47%
48
47%
48
48
48 Va
48
48'A
3,300 I
.
I
!
1
L
4% May
9
7
.
Feb
Dec
20%
10
14
44
Jan
May
49%
4% Feb
Jan
Dec
14%
Feb
56
Jun
11
4% Dec
17
Feb
12
24
9% Mar 12
42
Oct
12
May
56%
'Feb
21'A May
30%
Feb
21% Dec
90
Dec
10
Feb
101
12%
Apr
Feb
Jun
44 Va
Jan
4% May
1% May
8%
Feb
3%
Feb
9% May
30 %
'14% May
-
Lambert
Mar 19
Lane
4 Va %
99
Jun 16
19
10% May 12
56
May 15
24
Jan
8 Va Dec
28
/ 12
May 20
17
25
Feb
16% Feb
20
'26% Jun
2
56 Va Jun
1
29
10% Apr
38% Jan
12
2
Life
Jan
8
19% Mar 30
Feb
Apr
43 % Dec
<
8
29% Mar
40%
Oct
78
May
96%
Jan
169
Dec
191% July
Nov
82
X48
•
12%
Aug
35 Va
26% July 12
31% Mar 16
90%
com
2nd
Stores
*4"/4
<5
McNeill
Savers
5
28% Feb
11
15% Dec
7
68% Dec
'
9
79%
Feb
-57.% Feb
12'A May
17% Apr
28%
Oct
xl8
Nov
Jan
18
Feb
19
Jan
1
Long
Bell
30% July 15
21% Sep
7
Jun
22
10
25
Nov
4
Dec
28
50
May 15
20
Feb
11
91
Oct
3
Nov
37
101% Aug
26% Oct
Nov
23
> Dec ;
17
158
Lumber
Lorillard
(P)
*35% May 15
98 Va July 14
Lowenstein
5
'24% Jan
8
Lukens
MacAndrews
4
%%
(M)
series
UVs
il
11%
l,9u0
39%
39%
39%
I.8U01
2%
2,700
23%
23%
*23%
24%
*23%
24%
*23%
24%
*23%
24%
110
!
8Va
8%
8Ve
8Va
*8Va
8%
*8Ve
8%
8Va
8%
OOO
|
45 Va
45 Va
46%
46%
46%
46%
47
47 Va
47%
2,600
.
9%
46
46
.
9
9%
9'/a
9%
9'%
9%
10
10
10
V
21%
22
22%
22'A
22'A
22%
22%
22 %
22%
22%
1,300
f
46%
'
46%
47
47%
48%
49'A
49%
3.4U0
■
8%
48%
8V«
49Va
8%
8Va
8'A
8'A
34%-7>.34%
34'/a
34'A
34%
*34%
34%
9
35
8V4
8%
34'/a
*34 »A
85%
172%: r
40
172
172
39
:
87%
87%
86Va
*171%
*39
39
9%
87%
42
9%
9%
9%
1
64%
64Va
64%
64%
./-
42%
42%
43
44
16Va
*75%
7717%
17%
16%
15
65
64%
21 Va
21%
21 Va
21 Va
21V4
21'A
20%
20%
19%
20
20
20%
100
153%
153%
153Va
(Ky) No par
*23%
24%
24
24
39%
39%
39 Va
40Va
22%
22%
50
__100
7_
*95
10'4
3,700;
174%
140)
41
39
39
*40%
41 %
2001
9%
10,700-
18%
36%
9 Va
64%
65
1,000.
44%
16%
45%
45%
44%
,
,lo
79%
*76
46%
4,200
16V2
16%
16%
2,u00l
79Va
*75%:
79%
17%
17%
3,2o0
II,100.
15
14%
14% "*15
15
15%
65
65%
66%
67
67'A
67'A
3,400,
21'A
22'/a
22%
23
22%
22%
3,400,
19%
20V8
20
20%
20
20%
4,100
'
155
24
*24
39%
17%,; 17%
*153
155
*153
24
24%
39%
*24
39 Va
23
22%
23
23
95
95
*95
17%
*34%
9%
65%
64%
22%
17%
9%
65%
17Va
98
*95
9%
17%
14%
39%
7
88
65%
9
*153
153%
22%
98
18
Va
*173%
16
*75%
17%
14%
,
88'A
173
43
64%
10
■
88
173
87%
65%
80
15
'.
17%
300
173
if
16%
*75%
80
87%
2,bOU'
172
•
I6V4
43
'
700
*39
172%
9%
65/77
17%
47%
8%
*34'A
U
47%
8%
8%
b5
A
j
22%
,
14%
Co..
;
8%
64%
'
20
24%
9%
& Sons lnc com__l
pfd
Steel
11
39%
1,4U0 j
*64
___No par
Nashville-^
&
11 Va
39%
17%
14%
.
Gas & Elec Co
LousMle
6
Nov
par
——1"
common..,
preierred
7%
Louisvine
11
38%
*89
»
5%
'-d5% ' 87
(Md) ' A..1N0 par
Co
92
90 Va
11
38%
2%
*34 %
No par
Corp
*89 Va¬
90%
11
38%
5'A
Lockheed Aircraft Corp
Cement
11
5%
2%
11
Star
90%
j
2%
16%
Lone
600
5Va
80
4
21%
2a/e
*76
68% Jun
'
*21%
'5%
*16'A
....
21%
2'/a
,*42%
lnc
300
21%
5%
par
Loew's
6U0
38%
21%
5%
Liquid Carfeonic,.Corp com—No par
73%% conv preferred-'-/100
20% May 21
26%
38%
2%
8%'
.'—No par.
Co..__—7--———No
*26
38%
2%
14
138
•
Feb
Oil
45
26%
38'A
5%
1^
.
*43
26%
38'A
21%
45
26%
26%
*38
2%
24% Jun
'
200
4t>%
f
—5
i
11%
5
Jun
'85
9
21 %
Lion
Corp/
*10%
2%
*9'/a
.—5
Co
j
5
23% Jan
!
28
Belt
1
1,300
3,300
2%
*38
Lima-Hamilton
Link
*43
5,200
*22 Va
*.
•'
10
11
5%
6
20%
*45
No par
Corp
45
5%
6
19%
>a
1
&-• Libby___-
5%
5%
19 V2
10%
.
•
*2J/4
,
Libbey Owens Ford Glass—__No par
Libby
5'A
5%
19%
-
*23%
1
—
5'A
38'A
*37%
pfd—_No par
Corp/—
5%
5%
11
11
38
,
Lehn & Fink Products.
'
*10%
*37 Va
(The)_-_
Corp
*89
10
Lily Tulip Cup Corp.—.——No
May
29%
*89
92
44
25
1st prer'erred--No par
non-cum
Lerner
May 14
13% Jun
2
Dec
90%
*8j
oO
Coal
non-cum
50c
70% May 24
*55% Jun 11
31
13% May
21%
21%
>47':
14% Dec
17% May
*21'A
21%
.9
13% Jan
93
21%
*21%
3
com
13
Feb
53~
Co
Nov
55% Mar 16
Feb
172
38%
8% Nov
•
27 v
Dec
$3
Lehman
14
'
Dec
*43
26%
*37%
■}, 33
20
39%
44 Va
*26
39
*37%
172%
18%
137'/a
*43
26%
26%
38%
Liggett & Myers Tobacco com
25f
7%
preferred J—100
10% May
58 %
44 Va
26
*43
*2o%
,
174% Mar 30
Feb
Dec
*43
,
*JV%
1
5
16
Jan
Dec
10%
Oct
Dec
30%
109%
19% May
78%
*10%
'91
Dec
24 %
10%
Mar 12
Oct
63
*10%
157
Aug
Dec
10%
50
& Sons
Lehigh Valley
25
Apr
*10%
Lehigh Valley RR.:
5% Jan
10
10%
24
41% Feb
47
*l0-v8
4% July 12
Feb
33 % May
—No par
8% Jun
2
Feb
59 %
19 %
4% Mar 16
Feb
11
5%
19"A
1% Jan
9%
May
5%
19'A
Lehigh Coal & Navigation Co
Lehign
Portland
Cement
25%
8
5%
18 Va
14
39
50%
46% May
5%
*5%
Dec
,13% May 22
9
Jun
May
5'A
5%
18%
*0%
•
cumulative preferred___100
3.85%
5Va
5%
18 Va
Tire
(James)
5'A
5%
18%
Co
&
5%
*lt>%
preferred
Rubber
38% May
10% Dec
5%
—4
No par
common
Lane-Weils
Lees
Co
pfd—75 Pesos Mex
(The)
Bryant
Lee
May 18
'26% May 28
1
Light
6%
Co
47
11
30% Mar
Dec
Gas
Consolid
La
a
53% May 17
29% May
6
28
95
35
Api
Mar 24
14% May 15
1
25% Aug
38
Laclede
6% May 15
30
24
Dec
18%
18%
156
*153
*95
19%
19%
50
156
24'A
*24
24%
39%/40
22%
23
97%
18%
...
300
39%
2,900'
23%
97%
39%
23%
2,000
97 Va
*95
19%
19%
.
19%
50
2,800
M
34
Mar
41
Nov
134
Nov
152
Apr
—
41%
Dec
111
Jan
11% May
15%
Apr
455
13
1/
27% Jun
10
Feb
10
May
500
9% Feb
9%
Dec
14%
32%
Feb
3%
Jan
21
525
Feb
Dec
11
28
12
19% May
6% May
7
7
Mauiaon
Dec
14
23
8
Manati
Sugar
28
Mandel
Bros
Dec
28
13% Jun
30
26
10
22
8%
Feb
May
16%
Dec
15
Feb
20
22% May
97% Dec
34%
Feb
22% Dec
17
111% July
92% Dec
15
14
;
May
34
6% Dec
Jan
14% May
24%
Oct
39% May
18% July
63%
24% May
Dec
39V8 May
27
'22% Apr
16
Martin
28
19% Jan
16
Martin-Parry Corp
11
(Glenn
28
69% July
9
27% May 20
Masonite
Dec
11
45
Oct
22
Mathieson
29
176
Jan
26
47% Apr
20
Jan
49%
X165
Feb
106
Dec
82
Dec
Nov
35% Mar 16
100% Aug
97% Mar
Feb
84% Mar 27
84
Jun
3
Jun
18
$3.75 cum pfd
13
85
Jan
13
$3.40
10
Nov
50
Jan
33
Jan
110
Jan
21
17
Dec
Dec
112
$3
12
Co
McCall
24
Range for
Highest
year
Lowest
tper share
1948
I per share
33%
Feb
Dec
107%
Feb
88
Jan
5
101% Jun
Oct
29
Nov
10
42% Jan
15
24
May
32
Feb
23%
x
31
Dec
'56%
25
20
Dec
May
16
May
55% May
13 Va May
Oct
Feb
80% Mar 24
96% Jun
Feb
31 % Dec
21
2
25
Jun
,
Dec
35% May
97% Dec
33
Apr
29% May
136%
Jun
10% May
6% May
47% May
84% Dec
31
197/a May 15
Mengel
47
Dec
29
12% Jan
28
62% May 15
18 % J'/n 24
Mercantile
5
85% Nov
19
13
27% Jun 15
28
44% Feb
''
Jan
111% Aug
92
18% Mar
48%
45 %
Dec
13
*
5%
50% May
8
63% July 13
95% Jun 23
35% Dec
Jan
Nov
Feb
38% Feb
11
44% Jun
15%
14%
66%
8
11
11'
106% Dec
/
Mesta
4.35%
lnc
26
26
26
Va
45%
31 %
31'A
*92%
97
20%
*16%
17
17%
81%
Co
1
No par
—
Scott—.No par
Edison
3.90%
.No
99
May 17
Dec
102%
Dec
p°b
25
10% Mar 16
109
Nov
42% Feb
4
$4
18% July 13
11
73% Jun
14
10
11
July 13
29
44
Jan
5
Ppb
11
15% Jun
24
22% Dec
21
29% Jiilv
6
Moline
Regul
Mojud
;
Impl
com
„j._;
.
Thursday
-/
Sales
for
the Week
S per share
Shares
1,100
31%
31
31%
*31%
31%
92%
93
93
*93%
95
351%
35
35
35%
*26
26%
25%
25%
46 %
47
r
*25
35%
26
20
1,300
900
46%
46%
1,000
31%
31%
317/8
317/b
32 %
2,800
97
97
*94
98
Q4-
98
20
20
*19%
201/2
*20
20%
*20
20%
*20 Vb
20%
16/8
16%
16%
16%
17
17
*16%
17%
*16%
17%
16%
17
17
17
17
17Va
81
*79
81
81
81
'
13%
12%
13%
13
49
47
47%
*47
141%
8%
14
y2
*8%
:-49vi
37
•
37
98%
*108
14 Va
45%
20 Va
13
13
13
*47
48%
49
*48
82
35%
21
13%
49
40
300
1,400
1,300
60
14%
14%
1,800
8%
8%
81/2
8%
8%
*8%
9Va
900
60%
2,100
\
58
58
92%
23
37%
37%
92%
*23
23
37
60
59
60
60'A
92%
*90%
92%
*90%
92%
100
23%
23%
23%
*22%
23%
600
37'A
37
37
*35% 737%
800
530
13%
44 W
98%
; *98%
99'A
99 Va
*108%
1C3 %
108%
108%
*108%
109 %
*108%
109 %
50
13%
13%
13%
13%
13%
13%
*13%
14%
900
14:
45%
99
7!
45%
45%
*98%
45 Va
12
12
12
11%
111/2
11%
11%
11%
11%
*45%
46 %
45'A
45%
45'A
45%
89
88 Vz
88%
88 %
88%
*88
42
%
*68
*104 Va
135
69%
105
*41
*133%
*12
*68
104%
42
42
135
135
<
12%
99
99
45%
45%
42%
42%
*136
135
100
46 %
46
42%
42%
138
*136
11%
HVa
11%
2,600
46
46
1,100
11%
11%
11%
45
45'A
*46
88'A
,f 87%
88
46'A
69
104%
104%
105
105
*88
66%
69
105
14%
13%
14%
118%
120%
52%
52%
52%
14
53%
118%
14%
14%
53
119%
53 %
119%
104%
14%
118%
53
20
2,500
68
123%
700
12%
67%
13%
4,300
12%
12%
69%
119%
47
42%
138
12%
12%
12
'
52%
*33%
14%
12
14%
13
35%
21
14%
*41
122
>*81
21
100
300
1,800
14%
*133
105
81
*33%
21
17
14%
42
68%
33%
17
81
81
17
14%
135
-
17
200
108%
98%
108%
31%
,'*8%
8%
37
13
*47
47
14%
14%
*40%
52%
Friday
Jan. 21
*34%
*133%
10
500
*46%
57%
14
50
23 %
46 %
*90%
120%
1,000
34%
95%
23%
1
23%
,
112
31%
92%
*104%
22%
9%.
9%
95%
57%
No par-
.
*33%
*111
80
46 %
57%
68%-
9%
34%
*90%
33%
:*87Va
120
31%
*22%
-
83
*31%
x20%
45%
82
97
*90%
par; :;
60
84
35 %
351%
*13%
92
92
"9%
22%
1,800
90 %
92
/111// 111
23%
40
40
92
93
21%
13%
*97%
40
900
90%
31%
21 %
*108
173
3,400
PRICES
*33%
*36
*170
*33%
9%
34%
Wednesday
33%
,
90%
*83
,
111
23%
HIGH SALE
*90'%
•!
174
1,500
18%
40
54'/a
14%
T
199.
53%
88%
460
68%
1,500
105
380
14%
14,400
119%
1,330
54%
3,800
'
RR
Carpet
Hosiery
Monarch
39%
40
9%
*33%
21%
ISio par
—
preferred
Mohawk
39%
*170
18%
40
46%
92
No par
Powef
Corp
174
18%
40
31'A
31
*92%
57%
100
preferred
Mission
7%
A
*45%
23%
3
com
series
Mfg
Mo-Kan-Texas
,
18%
7 39%
26
57%
.
No par
preferred:.
$6.50
9% July 13
34
&
v
'. '*90
v./'*22%
—100 7
Marie
pfd
conv
Min
Minn
18
Feb
O
3.20%
Minn
17
121% Oct
RS
Minn-Honeywell
3
10
13% Feb
x33 % Dec
105% Jun
21
55%
33%
/ *8%.
100
•__
May
55
*21%
'14%
pfd.lOo
series
com-
56% Aor
5a %
18%
39%
39
35%
*47%
—.5'
Prod
78
55
55
55
*18%
21 %
' 13 '/e
-
*.,1^
common
&
•
Nopar:
Co^
Petroleum'
P b.
1,000
21%
.50:
preferred
t.
2,400
13%
*34%
/
3%'»/•
lnc
Midland
98
98% Oct
17%
*80
1
Mid-Continent
15
Nov
45
100
6
'
10%
13
Jan.20
26
*25
No par..
Co:
Steel
10%
13
I per share
35%
5
common.
preferred
1st
10%
$ per share
31%
10
Copper
8%
10%
13
Jan.19
*90%
*31
110
10%
$ per share
S per share
101
*100
13%
Jan.18
35'/a
*20
Transp
AND
Tuesday
Jan. 17
fper share
23Va
101
4,500
10%
*110
111
23Va
23%
23%
9%
34%
*33%
*110
Monday
18
preferred
preferred
Metropolitan
17
30
32
22%
34%
111
31%
7
Jun
54% Mar 11
ReD
(The)
Machine
39%
9Va
9'/a
9
*33%
*110
91%
*Tinn
Feb
9%
34%
111
*23%
No par
—
Stores'
Co
39%
39%
34%
July 13
13%
39%
*100
6%:
*12%
1
-•
*170
174
91 %
69% May
51% Dec
87
00%
&
$3.50
*170
174
35%
14
Mar 16
42 % Nov
May
39%
9%
,—5
1.
10
Feb
8
*170
91 %
9Va Mar 17
Jan
174
30%
Minneap & St Louis Ry—..No par
51%
18%
40Va
35 Va
May 10
Oct
18%
39%
30%
16
Feb
18%
39%
*90%
9
:-Feb
18%
39
*33%
(2nd series) ___/-i50
Min
55%
18%
39%
1
Miami
Dec
56%
56
10%
13'A
10%
1
19% May 27'
Jan
8
&
Merck
30
70%
25%
55%
10%
*12%
55%
13
100
Co
Corp
Merritt-Chapman
104% May 25
10
114%
3% May
*12%
LOW
Nov
Oct
10%
13%
56%
Jan. 15
11
Dec
10%
:,
Saturday
Nov
15
100%
*110
STOCK
140
123
*99%
39%
No par
28
Jan
99 '
*170
No par.
Dec
May
99
18
No par..
35
7
98%
84%
128
104
98%
*83
Nov
Feb
98%
84%
Mar
156
4,100
39%
Co
1st
conv
Merch
30
Apr
11% May
32% May
Co
1,1 Va Dec
Feb
Jan
47%
140
22%
No par
pfd
Shoe
Jan
51%
28% Mar
2nd
Melville
19%
101% Nov
12% May
4 %
2
73
103% Mar
17%
22 '/B
*83
Corp common
4%% pfd (1st series)
8
17% Feb
83
*17%
84%
Mead
46% May 28
20 Va Dec
65%
6%
17 %
23 Va
*83
23% May 25
Jan
/ 24%
6%
17 %
22%
84%
17
50
6%
6%
17
22%
*83
Mfg
3,700
5,400
17
—No per
12
8'/a
20%
22%
92
24% Jan
7%
20 %
17
92
28
100
8 Va
20%
22%
*90%
McLellan-Stores
300
18
17
*90
9
900
8
*17 %
22%
91
24 % Jun
7%
8
8%
18
G,00U
530
7%
17
91
com
17%
17%
*480
7%
22%
*16%
*90
Robbins lnc
17%
530
500
22%
*56
Co.—
1,400
17
*12%
Corp com
preferred
200
12
*19% v,20//
22%
*89
11
25%
6%
1,800 '
7%
20
90
&
Dec
6%
6%
6,300
100
12
//•'
30
33%
*97%
12
200
,
20 %
7%
19'%
M5
32%
99
20
35%
139
14%
*97%
No par
Norris
7%
20% "
91
Electric
McQuay
*17%
90
15
••
*7%
17%
*89
preferred
$4
8%
17%
91
McGraw-Hill
1
*7%
7%
7%>
20
'
7%
8%
90%
YORK
conv
167/a
,
*480
7%
*34%
*135
14%
32%
17
*10%
Stores
3%%
May 15
52% May
5
118% Nov'
43% May
McCrory
McGraw
17%
530
7%
17%
*8
'*17%
6%
*480
*89
McKesson
Jan
18% Feb
Feb
40%
6%
'
7%
*89
Mclntyre
9
23%
6%
16%
17%
*19%
34%
139
22%
:l_5
35% May 15
98% Jun
2
'41
28
105%
*6%
12
19%
____No par
Publishing
Porcupine Mines
Dec
31 %
Jun
36% May 21
1
87
21 Va
16% May
iviar
29% Dec
Feb
88%
11
Feb
25%
20%
common
15% Dec
Feb
17% May
Dec
Feb
Jan
44
105%
7%
20%
Par
14
45%
May
7%
20%
$ per share
Mar
87
7%
20%
EXCHANGE
May
30 '/a
-*7%
*97%
11%
19%
1947 series..No par
-
NEW
35
Dec
8%
17%
1
preference
Corp
Highest
82
46
8%
11%
530
7%
32%
va
19%
17
7%
14%
12
*480
5/0
7'A
STOCKS
ifear l94<
S per share
17%
*480
*17%
Corp___No par
common
cum
Range for Previous
Lowest
19%
8%
1
preferred
1st
$6
*11%
17%
No par
pfd
cum
Maytag
9
41% Jan
28
Jan
7
pfd___100
...
$3.75 preferred
12% May 15
43% Jan 21
Apr 16
97%
11%
19'A
16%
17
5
7- 14%
99
97%
11%
19%'
-
530
100
Stores
93
93
14%
*97%
*97
11
No par
6
113
97%
97
20
7
Co
Feb
Jun
32
*8'/a
Co.—
Chemical
Dept
*32%
*17%
preferred
May
32%
1
Corp
Electric
Master
7%
L)
77% Aug
8% Dec
.
108% Mar
48%
Corp
6%' prior
Ry
9% Nov
18
Dec
35% May
St
27% Feb
32%
17
Midland
Market
Nov
32%
11
Marshall Field & Co com—No par
4% % preferred
100
Nov
32%
6.25
11% Dec
.
32%
*480
Exploration
Marine
35%
85
7% May:.
May 20
14%
1
Corp
26%
190
88
42
8
14%
5
47% Feb
Jan
175
17
Oil
Marathon
17% Sep 16
29% May 18
103% Jun
9
9
14%
97
1'
*135
139
14%
No par
Maracaibo
25% May 17
*135
14%
50
Co...
Shirt
Manhattan
7
14% Jun
18% Mar 18
Jan
(The)—
RR
138
34%
35%
35%
35%
*133
134
14%
*19%
10
Co.—
*34%
36
134
32%
100
—
136
14%
par
—u
Magnavox
Co
Mahonine Coal
*133
No par
Garden
oyuare
Copper
Magma
Apr
5% Feb
Feb
0
(R H) Co lnc com
4%% pfd series A
4
*35%
100
inc.
Trucks
10% Sep
15% Dec
Dec
277/8
—.10
com
L,
Macy
15% Apr 12
24% May 20
Dec
490
Jan
22%
103% Jun
20
25
6% Nov
Dec
12%
Mack
V "■
Forbes
&
preferred
G%
39% May 27
10
Nov
xl6% Feb
18% Aug
Jun
6
2
Feb
94% Dec
21% Mar
Dec
Jan
142
30% Mar 16
Mar
10%
40
14
13% Dec
16%
29
Oct
129
—
30% May
99'A
x35% Dec
com
series
Mills..
Co
Machine
lnc
A...
No par
*5%
5%
5%
5%
5%
5%
100
21%
21%
21%
22%
21%
22%
35
34 Va
34%
34%
34%
*34%
20
J.25
Tool—No par
*34
>
5%
22
5%
5%
3,900
23
22%
23
22 %
23 Va
6,600
35
35
35
*34%
35%
600
11
100
5%
5%-
5%
*10%
11%
*10%
11%
*10%
11%
*10%
11%
*10 %
11
*22
23%
*22
23%
*22%
23%
*22%
23 %
*22%
23 %
11
*22%
23%
X
$0
THE
(392)
COMMERCIAL
NEW
Range for year 1948
Year 1947
Lowest
Lowest
Highest
I per thare
W
63%
Feb
45 %
128%
Feb
99»/4 Dec
49 Vs
122
1
10% Oct
Dec
17%
Dec
10
Dec
65
23
May
15 V/
24
18
15
9% Dec
Feb
27%
Dec
20
-Nov
6
Nov
11% Jan
23
Oct
14%
P% May
20% Jan
22
Dec
*107%
*103%
111%
*109%
110
10 y4
*lOVs
Utilities
Moore-McCormack
(John)
Motorola
27%
27%
13
Lines
10
9
Mueller
Brass
9
16% Oct
26
Mullins
Mfg Corp.w-^
i 14% Oct
23
Munsingwear
Dec
14
Feb
33% Feb
16
45
Jan
40%
Apr
112
Dec
107% Jan
2
112
10
May 15
Jun
9%
Dec
16%
Dec
12% Sep
21
17
Jan
Jan
44%
Feb
34
Dec
17
43
Jun
29
50%
Jun
56
Jan
50
Dec
28
55% Jan
5
18%
18%:
*23%
23%
*22%
*19%
19%
19 Va
Inc
17
1-
4--
17
13%
13%
5
*10%
Murray Corp of America
4% preferred
Myers (F E) & Bros
110
110
111%
10%
10%
10"%
10%
10%
10%
2,000
55%
55
55%
55%
53 Va
7,300
ll'A
3,000
>v
54%
11
11%
11
11
UVa
HVa.
22%
*22%
23
19%
19%
19%
*193/s
19%
19%
20%
237/s
24
19 Va
17
16%
13%
*10
*10%
10%
1
*40%
41
41
41%
*110%
111
110
110%
4,800
"•24%
1,400
24%
*24Va
24%
*24
19%
193/8
193/s
*19 %
19%
16%
17
17
163/4
163A
1,900
13%
133A
14
14
14 Va
5,400
-
10%
10%
10%
41
41
*10
*109%
100
10Va
1,300
110
110
110
900
41%
*41%
41%
*109%
111
*10
10%
41 '/a
41%
41%
111
*109%
2C0
20
13%
17
13%
23
193/4
163/4
•
13%
*22%
23
19%
24
19%
*19Vs
*22 3/4
400
111
111
10%
16%
U
*110Va
22%
13%
,
111%
*108%
23
23
5,600
111
112
111%
55%
55
Shares
t per share
50%;' 51
50%
*108%
' lO'/i
10%
50Va
112
11 Vs
,
100
common
::
*108%
55
II Va
18%
52
112
the Week
Jan. 21
1 per thare
51%
51
51%
*107%
10%
*22%
l
(G C)
preferred
4% %
2
37V»
11%
23%
Co
Murphy Co.
2
11%
*22%
/>'
51%
54%
5
No par
3
Motor Products Corp
Motor Wheel Corp
Jun
Nov
lo%
May
35
107%
May 27
24
29% May 27
54%
■
5
23
)
54 %
51
__No par
28
19
10%
par
.
Co
&
15% Dec 31
Feb
Mar
25
5
Inc
13% Nov
May
19% May
17% May
17
Co
51%
6 per thare
t per thare
111
■Morrell
9
21% Dec
1
112
Jan. 26
for
Sales
Friday
Thursday
Jan.19
Jan.18
I per share
51%
*107%
com
Montgomery Ward & Co_____No
17% May 15
Jan
Co
5
Montana-Dakota
May 21
27
• per thare
Far
,■;
;
Chemical
preferred series A__No par
preferred series B_____No par
HIGH BALK PRICES
Wednesday
Tuesday
Jan. 17
$4
6
47% Mar 16
64%
May
LOW AND
Jan.15
$3.25
May 15
112% Apr
105% Mar 17
49
/>
Monsanto
61% May 17
29
Monday
/>';■■■■:'■:
■
Monday, January 24, '1949
RECORD
Saturday
exchange
6 perthare
f per thare
f per 1hare
May
110 V» May
STOCK
'
NEW YORK STOCK
:
v-.>
Highest
FINANCIAL* CHRONICLE
YORK
STOCKS
Range for Previous
&
90
,
10
13 Vs
13 Vs
13 '/a
13%
13%
13%
133/8
13%
133/s
50
*34%
35%
34%
34%
*34%
35%
*34%
35%
-*34 '/a
35
"34%
35
100
No par
*5C%
51
51
51
*49 '/a
51
"49
51
*50
51
"50
51
100
14%
15
6,800
26 %
28
com
1,200
13%
133/B
13%
'
N
Nash-Kelvlnator
14
May
19%
Feb
14% Mar 16
21% Jun
25
19
May
29%
Feb
20
Feb
24
32% Sep
9
Nashville
Chatt
& St
21
May
30
Jan
18
Dec
28
29
5
National
Acme
Co
4% Sep
8% Feb
29
10% May 20»
National
Airlines
11
13% July
National
Automotive
9% Nov
26
8 Vs
.
16%
9Va May
Jan
14
Dec
Feb
10'/a May
16%
Feb
24
Jan
34
Dec
29
27
Jan
34 %
Feb
26 V8 Feb
Dec
Jun
162% Oct
1
187
13%
May
7%
Mar 18
Feb
5% Nov
Dec
32% Dec
Feb
9% Dec
Jan
Corp
National
Biscuit
Fibres
National
Can
Jun
17
National
9% May 20
14%
14%
14%
14%
143A
14%
23%
23%
23 %
23%
24
23%
26 3/4
19%
193/4
193/4
26 Va
20
20
20
20
*5Vs
5%
5%
>; 5%
6'/8
10%
10%
10%
10%
10%
5
*173
10
Oct
28
13% Jan- 2
National
Container
10 Va Mar 15
14% Aug 23
National
Cylinder
26%
38
Jan
24% Mar 17
32
Jun
2
National
Dairy
14% May
20%
Jan
14 Vs Dec
24
21
Department Stores
23%
Oct
17% Nov
10
May 21
21
National
17% May
22 V4 May
National
Distillers
12% Dec
14% May
96
8
15
Sep 27
20% Jun
.9
Feb
85
Oct
96% May 19
190%
136
Dec
Sep
167
8 Vs
162
Oct
Jan
Dec
Jan
18
14
29% Jan 23
36% Dec
25% May
165
6%
14% Dec
Jan
25%
107
Dec
130
»Nov
4
5% Dec
28
Apr
16
38
Jun
177
15% Feb
11
■fy Dec
13
1
25
Nbv
28%
Jan
20
23%
Dec
16% Nov
9
Sep
80 % Nov
16
29%
Jan
21
17%
Feb
10 % Dec
Dec
13%
Jun
18% May
13% May
24%
Feb
9
28
Dec
74% May
21 % May
12% May
Mar
105
Feb
100
.20% May
12% Dec
11
Jan
95
Jun
88
Jan
1%
26%
it Dec
18%
98
July
Nov
28 Va
107
38
Feb
Dec
106
"
114% Oct 23
National
Steel
5
National
6
National Supply (The)
4% %
preferred
Natl
12% Jan
26
Natomas
Nov 29
19% Jan
6
National
98% Jan
12
12% Jan
8
New
99
Aug 17
13
64
July 12
26% May 21
Dec
Dec
108%
Jan
35% May
22% Dec
44%
Dec
38
Feb
32%
Feb
12% Dec
Feb
70
29
90% Jun
Dec
17%
102
Co
90 % Mar
Nov
3
Oct
20% Feb
11
34% Oct
22
31
Nov
24
43% Jun
9
New
York
Air
Feb
12'/a Dec
31
18% July 12
New
York
50
Dec
39
10
<92
11
144
Feb
80
May
11 %
May
1 20%
Feb
11% Mar
9
Apr
26
Aug
20
3
'52
Dec
,.62%
Jan
230
Nov
Feb
121
Feb
Mar
Nov
84'/a
25%
:
i49% Jan
200
Jan
Dec
107
10% May
;
.
,20% Feb
Sep
16
;
Dec
100% Aug
14%
14%
14 3/4
14%
15
18%
18%
18 Va
18%
18
18%
13
19
61
19
■
33%
1731/2
137%
140
*6%
.
10
6%
18
«
90
25
5
27
Dock
81
Jan
88
2
Jun
Harlem
RR
Range for'year 1948
Highest
Lowest
Highest
^ per thare
t per thare
»
23% Nov
25%
;
fperthare
■
Oct
20
33
33%
173%
*172%
*139
140
*139
140
1391/4
139%
6 'A
6'A
16
25% Jun
N
$3.75
140
6 Vs
18%
18 3/4
18%
18%
!>
ur
16
10
18
23
Dec
20
17% July
36% Jan
21
21
89
90
893A
23
22
%
%
iM<r
I91/2
19'A
893/4
89%
89%
893/4
89:%
223/4
'21 %
18
18
183/4
18%
18%
*84
85
*84
85
84
84
85
18'/a
22
*21%
22'A
*22
22%
22 %
22%
221/4
11
10%
105/B
*10%
11
10%
11
10%
*10'A
10%
10%
10%
*10%
10%
10 %
10%
*10%
10%
*10%
10%
'IOV2
10%
10%
10%
10%
137/a
13%
10%
13%
10%
*133/4
10%
14'
100
101%
101 %
*101%
*31
Gas
*13%.
31%
*101 %
31
99
99
*95
*95
99
97
53%
Jan
56% Dec
64%
Nov
55
Feb
18
62% Nov
1
26
30%
Sep
25
Aug 24
28% Jan
13
33%
Jan
14% Mar
17% Jun
17
"Dec
16%
Dec
6% May
10%
Feb
83%
Dec
115%
Dec
30%
8
Jan
25
Nov
13 Va
May
22%
Feb
79%
Dec
102%
Aug
22%
Jan
2
Apr
Norfolk
North
56
56
56
56 'A
56'A
551/4
55 3
a
13%
13%
13%
13 Va
13%
131/4
13 Va
1,800
71
71
70
70
70
70
70 Vb
70%
130
293/a
28%
29
33
33
33 ;
100
29
29%
32%
12%
12 3/it
75%
75%
,
*135
>
28%
;
33
12 5/«
'
>
12%
137
'
12%
77%
137%
*136
'
'•
t
13%
*13%
133/4
*13%
*21%
23%
*21%
23%
'*21%
14 -
51
51
240
*50
54
*215
245
245
A
-54/
8%
100:
North
American
-
87/s
-
-
8%
-83/4
8%
31%
31%
•>. 9
8%
*30%
,31%
*93%
94%
93%
94 'A
94%
94%
16%
100.
.'.16%
16%
16%
17
17
90%
*89
*88
.16% Dec 31
'•
-*31
-
90%
*88
'
Ry
Gas
27% Jun
Saturday
■..>
\ 140
700
.
13%
*13Vb'
13'/a
*221/4
22%
V
*50
'50
54
245:
100
-i
100
54
'
10
'254
•230
;
,.400
32
'
•
9%
,'95 S:::-
94%
:
:
32%
32
,
91/4
17
17
1
9%
33%
33
*95
8,100
33%
3,500
l
170
f
17
>
96
"95'A
•96
16% v.17
>*
9%
32%
9%
-
2,500
17
;
v
'
*89
90%
90Va
*89
26 '>
57%
16%
1
,
*81
V
,'f
27%
103%
10 Va
.
*80
■
:
20%
4
12%
20%
•19%
12%
113A
26%
*253/4
*253A
203/4
112
•
i
253A
12 V
25%
57 3%
573/s
57%
57Va
57%
57%
*27%
28%
28'A v1 28 %
17
163A
,"28Vb
10 Vs
10V«
103/s
81
81
31 VB
103/a
82 Va
31%
*81%
17 Vb 5
4,600
*82 »A
83%
"82'A
313A
32 >A
31%
21,300
7,800
16%
16 3A
16 3/4
89%
89%.
83«/a
>
Pacific
Co---
—10
Ry__,_
^
31
7
100
31
16%
31
31
%
.
31 VB
•
30
'
,
Va
16%
16%
16%
16%
16%
88%
16%
-887/8
88%
88%
89
89'A
109'A
*108%
9%
9%
16
32 Va
Aug 11
103% Oct
5
8% Nov
90
109% Dec
19 V«
Aug
25% Oct
16
Jun
45 Va
Jan
33% Jan
2
Dec
13%
Feb
3% Dec
31
Dec
18%
Feb
10% Mar 18
Dec
38
Jan
26 % Dec
6%
12
Nov
$3.60
preferred
$4.80
22
preferred
No pax
Inc- camman~lO.
27% May 17
40% Apr 24
4.6%
preferred
'
Northwestern Telegraph
/ 7% May 21
14% Jun
9
9
Norwalk
Tire
>88%- 89
-JNopar.
±
Northwest Airlines
17 Vs Mar 20
9
33
Mar 19
v
Dec
*108%
9%
:
25
'
2
Norwich
/-
:
'
12
%
9%
17%'
18'A
*33A
•
* 108
^
9%
:J34
34
Rubber—^_No par.
Pharmacal Co
2.50
109 V*
•
18'A
50
&
--
C
..
34
*108 JA
109
9%
10 Va
18%
34
109
V 89
-108'/2
>
10
10'A
34
,17 VB
18 V2
18%
18%
333A
34Vs
34%
4 Va
4Vs
4%
*37/s
4%
11%
11%
*113A
12%
11%
11%
29
29
*28%
29
28 3/4
28%
12
4,100
18%
220
34 Va
*
*4
y.
4»A
18
35 %
Dec
:
111%
Apr
21
22
17% May
93
May
May
15% Sep
24
May
.,
18
4.40%
preferred,
Jun
15
Ohio
18% Jan
17
Oklahoma Gas
92Mar
July 13
12% Apr 20
13%
Feb
6% Dec
,
Feb
88
Dec
36% July 13
-Oliver
9 > XL09%
31
22
100
Jan
'
5
Oil
Corp
4%%
8%
pfd
Corp
(The)
convertible
common
preferred
Feb
20
Jan
' 2
23
: Jun
17
Oppenheim Collins
Feb
27
Jan
26
37% Jun
23
Otis Elevator
Oct
163%
Jan
144 Va Nov
19% May
f 28%
Feb
15 Vs Nov
Aug
'.'68
10
Nov
May
9% May
50
24
4
93:Vk. Jan
;>: 80
July
16
i 19
Jan
29
-23
Jan
5
Dec
'' 6
89
Feb
27
'47% Dec
20
73% Jan
2
Oct
Sep
-
Jan
' Jan
154
9
Feb
80
15
80 *
?
46%
Oct
-
11% Feb 27
•
8 Vs Dec
60 %
13
15% Mar 20
X33%
50%
Dec
Nov
25% May
43% Jan
62%
Jan
29% Nov 30
47% Mar 16
39%
Feb
29% Dec 31
X89%
Dec
129%
Jan
89
Dec
20
131
Dec
168
Feb
130
Nov
9
For
footnotes
see
page
24.
Outlet
&
Mfg_
Co
Owens-Illinois
Glass
Pacific
Amer
Fisheries
Coast
Co
•»
Apr 13
43% May 28
21% Jun 15
36% Jan
J 8
55% July 13
2.50
_,_i_,_No par
Co——12.50
Pacific
May 27
;
Inc
10
*18%
25
32%
Corp
<
.
7
28%
600
12
29
29
28%
103
103%
313/s '.32
311A
323/a
18%
18 Va
;
:
30%
89
22
29%
30%
*13%
;■-:
*148
150
*15%
16
*80
80%
*9%
81
10
70
40
55
54 3A
13%
*67
-
40
133/4
*13%
;10
>
10%
,
29'A
96%
600
4,500
293A
97
13,700
963A
1
■
240
"
.7%
■
7 Va
87 Va
88'/a
223/4
*22
.
7 »/a
7 VB
■30
•
'87%
.»•
1,000
7 Va
87 Va
->100
303A
*22
150
22 Va
87%
223/4
y
*148
•15%'
-'*771/2
s
561/4
13%
10 "A
:
303/8
150
>
30%
*149
r-
15%
T53A
*77%
81
56%
>
57
13 V2
13%
10'A
10
303/e
303/s
*
150
15%
-
:8i
13%
IOV4
39
v-
4,000
40 •>.'•
20
*19
19'A
*183A
32'A
313A
32 '/a
53 V4
53%
x53
323/b
53
53
53Vb
29%
29%
29%
30
30%
92'A
92%
92%
92%
93V4
136%
136%
136%
136%
52 Va
30 3A
-30%
92'A
137
1373A
'
93
138'A
3,500
13V2
13%
38
*
52%
57'A
700
*
19'A
32
-
:
*19
,
240
10
70
31 '/B
53
/
38
r
t
19'A
31 Va
53
v
31 »/4
31%
32%
~93'A
93'A
94 '/a
138V4
10
200
153/4
*66
*38%
>,
:
150
81
*9%
-
70
39
-
15%
56 3A
•-'■57%
*66
149 Va
*77%
40
32'/a
i37
360
:>■
104
29'A
29
97
40
*18%.
,
88%
*22
'
'/
■;
70
18%
53
7'/a*.
97
;17%
*66
32%
<30
17%
70
18%
53
\
*66
32
*92% ■..92%
31%
"
150
54
; 96%
89
19'A
*29
,
22
89
<102%
103 '
*17% '..18%
28% ' 29 '
7
:
323/a
No par
*136
73/a
31%
V
96%
"
53%
•39
—No par
Pacific Mills
Pacific Telep 6s Teleg common— .100
6% preferred
'J
10r
Mar 18
.70
;
*80
,9%
*38 Vs
v44% July 23
147
9%
No par
30
29
28%
1,. -.223/4
*148
13%
13%
preferred non-cum
*102 3A
18%
*95%
>''"*153A "16 >
..; ,80%
53
53'A * *
2nd
Lighting
>.
-
16'
*80
-
*22
:
30
148
*67
Pacific
'■;
89 -
,
No par
:
32%
32
*17%
18%
283A
• -73/b
*88;:
:
"
*15Va
non-cum
V
103'
--102%
32%
s
*95'A V 98
....
preferred
Pacific Finance Corp of Calif
Pacific Gas & Electric
>
,;22;?A
1st
104% Jun
7
"
" 102 '.
28%
,,
7.%
•
293/4
.148
32
«.175^
'"'
.29
*22
^
8
10'
common
*88
.
'102
N-
:\98
?7%
V-
100,
Marine
15% May 17
73
A—100
____10
preferred
Outboard
6*
-
323/s,
.18V, ' V
.
28 3A
*95
.
i_-No par
common
15
22
Sep 30
34% Feb
1
6%
-
10o
-•:•
102'/>
•
32%
.*17%
20
No par
common
convertible preferred
Omnibus
•
Elec 4%
,29%.
*102
:No par
;
&
*2.9
100
;
Co
33%
84
■J
Jun
43
!
400
12
W\
8-
common
28%
149%
:
103
11
16% Apr> 14
22% Feb 11
Feb
118
-
2
26% Feb
Ohio Edison Co
16
Dec
107
7 %
92 Va Jan
Dec
July
27%
Dec
88
Feb
34% Jun
!
100
l2Va
*12
i
50
'9.700
10
10
10
430
89%
109 ;>
*108'A
108%
'•?
18 3/4
4%
*4
•V-*3%
4Va
■
34
xl8Va'
18%
34
18%
---34
•
"
9
!
9,200
O
27
91%
■
9,400
Northern States Pwr Co (Minn)—
78
}
500
29 /
10 Va '10%
10'/a >10'A
10%
300 -<{
16 V2 '--17
31%
83
|
11,500
Va
57%
16% '
<
.400
36%
17
,<
Sales
:
^■Shares
11
;
26 3/4
■;'
for
the Week
•>
• perthare
573/4
16%:
'• >
*20 %20%
/ I per there
12
520%
12Va
Friday
Jan. 21
Jan. 20
27 Vs -27%
;•
16 3/4
16.%
Jan.19
•
t per share
u
.J'> i
Thursday
Wednesday
*25%
57%
*27
83
-
.
25%
57'A
163/4
10%
.
50
12%
25 Va
57%
28
-
'
Jan. 18
20%
20%
11%
-
28
,
20%
203%
.«
I per share
I per share
-12
*25%
25
25
>>
Tueuday i
90 Va
*89
•90%
/;_"• '>
•.
*
Northern
24
11%
•
Jan. 17
IWf there
*20%
Co__l
Monday
Jan. 15
.
_2J>o
Aviation
Central
2.500
;
23%
LOW AND HIGH SALE PRICES
.
'
10
Natural
81
Corp—
Co
Northern
139
139%
'
19,600
*
'
4
Northern
79
•245
245
*230
77%
'
.
13%
.23%
**50
54'
*50 ■"
*230
12%
*21%
,
'
*225
33
12%
139
137%
'137
>*13%
23%
32%
12%
<■;
'
i
1,000
-32%
77
,
4,900
'29%
29
32'A
12'/a
-
;*76%
12%
76
75%
29
29
>:
'
*
-
29%
32%
-
13%'
*21%
No par
*70
28%
137
13%
71
*70
33%'
*135
Co_100'
CO
14
V
900
13%
1
11
10
56
13%
.No par
'—
Jun
10,100
56
•
•
_No par.
STOCK
36% Jun
93
210
9 1/4
97%
13
12%
Ry com
preferred
American
951/4
9 Va
55%
75%
Western
&
95V»
*96
56
-74%
Industries
Adjustment
31'A
13%
12%
Corp
Chemical
Napco
.
13% May 10
82% Mar 10
25% Feb 11
Feb
11
3
5
10 /
1.500
31
9'A
'
400
103
*70
Far
Electric
500
13%
13%
*55
fr
NOblitt-Sparks
1,200
*13
*32%
:
YORK
10%
-10%
*101'/a
97%
*96
■97
1.000
10 Va
95%
8% >■'
9
8%
1,100
11
10%
31
*95
'95%
'
'
*95
31-
*95
83/4
8%
-
22%
10%
103
31
50
223/s
13%
'lOlVa
103
31
95%
8%
95%
-31%
*94%
31%
8%
8%
*13%
13%
103
*101%
,*94%
94%
8%
Light 3.90%
&
31%'
94%
133/4
103
200
5,800
18%
86
*85
10%
•
700
4,000
22
18%
*21'A
EXCHANGE
Noma
19
,
,>'
i if
*21%
22
181/2
85
18%
3,000
20
89%
22
2.200
19 Va
19%
19
700
.
19 %
393/4
*22'A
6'A
6'A
%
*20
*10%
A
STOCKS
;
;
Dec
;
190
140
139
20%
Iff
21
18
50/
series
Elec
NEW
1
60
175
*213/4
21
23'/a
:
»*
lb7/a
19
18%
%
■
6%
6V4
6 Vs
*84
Co
preferred
:
21
20
4,600
33%
33%
173%
33%
85
22'A
8 per share
Dec
13% Dec
33%
-
<
5,500
173%
33 Va
33%
90
*22'/a
pfd__100'
Y Shipbldg Corp partic stock
1=
:>:•>
Year 11M i
1538
94
13'A
*172
6 %
%
20
& Hart RR
5%
N Y Power &
Range lor Previous
4,400
15 Vs
94
173%
33Va
V:
'Lowest
'
*172
21%
100
preferred
non-cum
Y &
Preferred
21
131/4
151/4
133/8
15 '/8
*94
94%
1
common
N Y New Haven
19% Oct 23
2,203
17,600
941/4
*13'A
13%
15%
*94
lo
preferred series A
$5
0
10
Louis Co com___100.
York
Nov
15%
94
6'/B
18
*21
1
City Omnibus Corp
N
15%
94
172
*137%
No par
N Y
9
13
15%
13%'
13
V
33%
32%
172
6'A
No par
New
Mar 18
13
15%
95
15
*94
171%
common.No par
2
14% Jun
13
15%
95
*32%
Co
Jun
255 :i
13
15%
*94
100
19
N Y State
80%
*14%
18 %
Pa com
Brake-
N Y Chic & St
39% July 12
96
Jun 17
86
Sep
14%
_No par
Jun
23% Apr
14 % Feb
Mar
7,400
Newport News Ship & Dry Dock__l
July 12
July 6
.27
6% Mar 29
15%
28 Va
25
Central
290
28'A
Jersey Pr & Lt Co 4% pfd~ 100
Newmont Mining Corp
10
Newport Industries common
1
4 % %
preferred
100
Feb
Dec
28'A
18%
preferred
<
England Elec System
26
137
273A
28
143/4
preferred
J)
(J
22%
19
28 Vs
28
18%
common
46%
18% May
28
27%
273/4
.9,100
9 Va
9
9%
No par
12
Jun
2,400
28 Vs
27%
No par
Co
32% May
May
11%.
9
14%
3%%
18
x87%
ll'/a
New
31
11%
No par
Corp
Newberry
10
*11%
10
serial
24
9%
.11%
Cast_No par
Fibre
Inc
Feb
9Vs
11%
18 Vs
Co
conv
Nov
9%
11%
No par
Tea
Bros
8
9%
*11%
143/s
Corp
4%%
87
9%
1
ex-dist
Neisner
11%
Nov
Steel
Vulcanized
Nehi
May 15
1,200
11%
10
Corp
24
'35
Mar
&
May 17
x27 Va Mar 12
2,200
..>
7Va
7
7 V,
9Va
1
Sugar Ref Co
Jan
;.
11%
100*
&
19
1,600
6V4
34%
7'/a
18%
Corp
Lt
104
6'A
34 Vs
7Va
*7
6%
34%
9%
No par
Service
Shares
26
178
*6'A
34'A
*"
Linen
30% May 27
15% May 26
Feb
*1751/4
6-%
34%
6%
34%'
7'/a
160
14%
preferred B__
Power
12% Nov 30
*7
1751/4
175 'A
11%
10o
Malleable
10
7
10.700
18 Vs
common
National
Noy 29
100
Co
Natl
2
175
6%
34%
323A
14%
com
Nat]
95%
13
Lead
6%
Jan
6 %
34%
100
.37
32%
5
preferred A
National
25V4 July
173%
6 Va
34%
1,400
11%
11%
*35V4
32%
9%
12.50
Co
May 17
94
12
37
32'A
No par
preferred
7%
25% Jan
•11%
'"*35 'A
32%
2,200
11%
No par
Prod
Jan
16
11 3/4
36%
■
1
Co
Products
Gypsum
conv
National
24% Jun
11 %
31%
6 V
14,100
10%
*35 %
34%
> 7 >
6
10%
11%
175
800
61/4
35%
31%
/
103A
10%
780
6'/a
6%
103/4
1
Co
Gas
common
9% Nov 10
Feb
Feb
Nov
10
147% Apr
7% Feb
19% Nov 12
81 % Mar 10
15%
21%
New
$4.50
Jun
174
V4
Enameling & Stamping—
National
,
174
34%
7-%
*6%
31%
6
63/4
6%
103/4
20%
*20
31%
174%
11%
x35%
37
31
175
*5%
11
11
*36%
31 %
*34
1
Feb
Nat
11
No par
15 Va
10%
37
31
Corp
17%
Dec
*10%
*36%
10
100
Register
City Lines Inc
5
14%
'
4
Dec
■
/'
1
common
13% May
13
:
14%
*23%
19%
Co
Co
Cash
National
143%
23 Va
19%
Inc
preferred
9% May 21
48
14%
*23%
1
Corp
Battery
National
7%
3
100
Louis
1
National Aviation
'
8
22
175% Jun 23
28
6
July
32% Oct
9
14%
Dec
45
10
43%
8V4 May
33
8
17% Mar 22
20
165
Jan
138
139
'
80
100'
6.700
1.200
3,300
600
380
Volume
169
Number 4771
•
THE
COMMERCIAL
NEW
Bute for Prey loos
-
I per share
3% May
21% Jan
7
3% Dec
Oct
;
^
Apr
6
62% May 21
39% Nov 29
•
4%
Dec
7%
Feb
8%
Dec
14%
Feb
13
May
40%
18
Jan
90
Dec
*•
55
4
Dec
5% May 17
8% Noc
9
13% Mar 16
July
18
11% May 21
1
Feb
92
Oct
20
6% Feb
Jan
9%
■<
Dec
28% May
34%
Feb
Jtm
109
4
4%
4
4
8%
8%
8%
11 J
16% Jun
May 17
18
38% Nov
•v
7
Apr
38% Feb 27
16%
13% May
29
27
48%
Sept
Oct
Dec
:
9"% Dec
15 % Feb
18
Dec
Dec
117
Jan
109% Oct
18
Dec
22
Jan
>
15%
Dec
26%
Feb
'
38
81%
6
Parker
Rust
Parmelee
112
22,?
20% July
22 Ve May 24
Feb
19!
28
17
99
Dec
34% July
34
Jan
48
9% Nov 26
Dec
12
Dec
13% Jun
18
Oct
37
May
62%
Jan
36%
Apr
48%
49%
Dec
59
97%
Dec
21%
Dec
23%
Dec
9% Feb
29%
•
85
Corp
21
5%
Cement
Pet
Milk
4%%
2
20% May 15
Pfeiffer
Brewing
20
64% July 12
Pfizer
13
59
7
55
Phelps-Dodge Corp
Philadelphia Co 6%
17
104% May 15
24% Jun 14
Dec
30%
9%
22%
*102%
102%
5
*11%
No par
18 %
102%
102%
102%
11%
11%
11%
*11%
18 %
18%
19
19
18%
18%
50 Va
,51%
52 V*
53
52%
53%
52%
52%
52%
51%
50%
50%
51
51%
52%
52%
52%
*96%
21/
*24%
97
96%
96 Va
21%
24%
20%
21V*
*49%
49%
50%
52
52%
52 V
.
52%
*96 Va
*52
97
21
97
*50 Va
97
21%
'
21%
18%.
21%
*97
112 : 1
*111
112 .>:.
100%
*99%
100%
*100
108 Va
108 Va
108% V
1
18%
Nov
28
81
Jan
-
22
Jan
Sep 29
25% Mar 16
Feb
43%
87'
IT
45% July
91
July
«
8
Phlla
&
Reading Coal Sc Iron
Philco
Corp common
:
3
3%% preferred series A
100
Philip Morris & Co Ltd common—5
4%
preferred
i
..100
101
24
6
97% Jun
3
Mar
-
39% Dec
82% Nov 16
88% Oct
2
July
Phillips Jones Corp com.
87% Jan 22
Jan
Dec
16
3.60%
series preferred—.
Petroleum
Apr
88% July
30
Dec
31
34% Jan
B
98% Apr ' 1
Jun 14
103% Jan
Plllsbury Mills Inc
$4 preferred
1
93
if.!
Mar
80% Dec
21
Feb
108)
102
110
32%
Dec
26 •
16
16
Dec
12% Feb
Mar 16
11
113
r
8
_10o
No par
100
July 28
convertible
$5
28
155
Apr
157
Feb
16
169
July 15
Feb
30
Dec
21
May
10 %
Nov
15
Dec
7% Nov 10
10% Feb 11
140
OCt
39% Jun
10
14
1
1
Jan
20
Jun
Jan
27
170
Dec
11
7%
Oct
73% Feb
28
96
Oct
22
5%
84%
Sep
70% Dec
15
82% May 10
20%
Dec
15
Feb
13
26% Oct 23
Jan
145
Jan
9
26% Dec 29
161
July
7
46% July 13
96
96
*87
*
-;?/<
56%*
10
56%
31
*30'A ; 31
102
102
115
♦101
Year 1947
Range for
Highest
# per share
6 per share
'■;/
35%
Oct
29% Feb
14
19%
Oct
11% Dec 28
12%
15 %
Nov
12 % Jan
Jun
24
15'%
Poor &
Pressed Steel Car Co Inc
Co
Potomac
class B
May
16
Feb
5% Nov 26
11% May 18
Dec
43
Feb
22% Nov 29
35 % May 21
71%
Nov
62% Feb
16
71% Jan
32%
Jan
27
28% May 25
94
Apr 26
Publicker
30% May 15
Feb
102%
Feb
81
Mar 11
38%
Jan
32% Jan
15
20
25
51% May
61%
Feb
21% May
106% Oct
29%
Dec
Dec
109% Jan
36% Feb
Mar
24% Dec
Dec
Dec
14
32ya
Nov
24
53
Jan
X25% Feb
5
42
May 18
101% Feb
13
X25
Feb
11
17% Dec
7
108% Sep
33
5
3
July 12
4%%
conv
$1.40
5%
102'A
102
*101
115
11 Va
*80
11%
83
14%
-14%
81
81
31%
31%
31%
31%
31%
31%
2,600
15%
15%
*15%
15%
15%
15'A
1,700
*80
34%
14%
34%
8%
15%
8%
15
15%
*150
*138
140
25%
25%
25%
84
84%
160
70%
*70%
'71%
60
21%
21%
21%
600
140
140
25%
140
25%
*140
25%
25%
Tuesday
42'/a
36
36
*35 Va
12
*11%
27%
7%
.
Friday
Sales for
Jan. 31
the Week
1 per share
41%
42
43%
42%
35%
35%
36
36
9%"
/
9%
10%
12
12
12
13%
13%
13%
14
7%
7%
7%
27 V,
65%
7%'
20
500
600
6,800
7%
27%
7,700
27%
19%
600
65'A
*65'
20
2,900
14
7%
65%
6,200
•
12
11%
27'A
,65%
65%
9%
13%
7%
*26%
27%/ 27%
4,300
20
19%
19%
*85
86'A
*85
86
85
85
85%
10
*38 Va
38%
38%
39
39
39
39
39
33%
39%
39%
39%
3,800
20%
20%
20%
20%
20%
20%
20%
21
20%
21
21%
21%
7,600
27
27
*85
107%
*27%
27%
*19
*85
85%
26%
20
;
;
27
26%
27
26%
27
26%
27%
34%
34'A
34%
34
34 Va
34
34%
34
29%
*
30%
107%
*85
33%
w
34%
a
85%;
19%
Shares
42%
36
06'A
19%
2,000
41
65%
19%
26
10
*26%
66
30
*9%
13%
13%
-
Thursday
Jan. 20
41%
*11%
144
25%
1 per there
36
7%
26 Va
$ per share
share
142
PRICES
42%
12
26
25%
142
Jan .19
36
13%
*140
Wednesday
Jan .18
S per
142
41%
30 3
Radio Corp of America com__No par
800
170
70%
36
34
15
84
21%
42
27
Quaker State Oil Refining Corp_10
15%
*14%
*150
84
71 %
42
19%
2,100
20%
*35
19%
4,300
8%
71%"
10
19 Va
35%
20%
*9%
7%.
14%
170
"20
165%
8%
71%
10
No par
25%May2B
*83%
146
35
21
*9%
No par
100 '
*150
10
*70'A
10
com__No par
No par
14%
15%
170
83
165%
8%
84
*9%
65%
preferred
8%
*150
f per share
*26%
Purity Bakeries Corp
8%
*8i
*140
34%
84
$ per share
27%
common
;
*19%
Jan. 17
65%
No par
34%
170
*83%
Monday
65%
com
34%
'
*138
130
2,660
11%
11%
15%
8%
84
*26%
5
83
llVa
300
■
115
31%
34
170
preferred series A..50
com
11%
11%
*101
31%
8%
84
7%
Inc
115
-
'15%
34%
*150
170
7%
No par
102 Va/
*101
H
170
1
com
.
145
13%
Inc
conv
*102%
102
;
*164
*11%
(The)
32%
31%
*102
*140
13%
div preference
Oil
*31%
32
170
11 %
$4.75 cum preferred
No par
Service Co of Colorado—20
Pure
31%*
*31
,
145
13%
Co
Procter & Gamble
Pullman
400
31
/
*140
11%
Pub Serv El & Gas
14,700
v 11%
*164
10
Power
Industries
57%
*10%
166
Saturday
Public
8
39% July 6
24% Jun 25
18
Dec
30% May
9
56%
10%
145
.
92
57
10%
166
8%
90-
56%
*140
No par
Electric
*90
:
LOW AND HIGH SALE
16% May 20
14% July 12
*10% r 12
169
Jan. 15
28
*88%"
92 •• v;
145
EXCHANGE
Par
90
11%
*90
10%
11%
71%
STOCK
>88
*10%
/
•
57.
115 U:
21
1
6
19% May
11% May
90
-
80
300
10 Va
102
*19%
Pond Creek Pocahontas
Jan
96
55 Va
*101%
*70%
46
33
96
10%
*101
20%
5
5
Dec
96
15,400
57%
102
71 Va
Plough Inc
Plymouth Oil Co
Jan
38
96
7,800
V "
10 Va
115/.
*71
12% July 28
70% May 4
14%
Apr
96
240
7,300
31
31
*19%
9% May 10
Sep
40%
*86
200
j
56
*
10%
5%% 1st ser conv prior pfd__100
Pittsburgh St West Virginia
100
Pittsburgh Young St Ash pfd
100
I per share
21
39%
12
84/2
I per share
10
- 39'A
". 88
39 7/a
*164
*14
YORK
38%
87
39%
-
92
*83%
NEW
39%
86%
39%
39
*140
*150
1948
Highest
38%
88
*86
39%
*90
100
year
Lowest
38
220
,
18%
*10%
STOCKS
Lowest
18%
*87
31
8%
112%
18%
145
100
~
*112
-
169
No par
Bange for Previous
112
*164
com
1
112
■
18%
92
83
8%
1,700
18%
11%
15%
34
24%
*24
24%
*138
preferred class B
preferred class A
Pitts ton Co (The)
24%
100%
90
31
34%
50
13,300
108 %
*90
*80
34%
550
22%
100%
*87 ,*
16%
83
31
*15%
1,200
10,600
98
22%
108 Va
*10%
31%
*80
*97%
22%
100%
11%
12
51
108 Va
*95
*11%
51
100 Va
96
■/,;
51
*107%
*95
57
19%
108 %
92%
*10
19
100%
90
10 %
*91
200
3,700
18%
37 %
87
92
330
11%
108 Va
38%
86
38
11%/ 11%
1
Pittsburgh Steel Co
138
Jan
37%
86
.
*11%
18%
39%
7'a
103
103
11%
;
24%:
24%
19
38%
*85
*101%
preferred—No par
9
Aug
42%
37%
*101
.100
2
169
203
Oct
>;
1
Pitts Ft Wayne St Chic Ry com__l00
7%
gtd preferred
100
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw St Bolt
No par
Apr
37%
18%
Z
97
10 ./
No par
Pitts Consolidation Coal Co
19
86
*10%
:< *89
"56 Va
Pittsburgh Forgings Co
15
Nov
38%
25
common
24'A
•111
18%
*8790
11%
.
112
37%
38'A
*95%
.—5
36% July 15
Aug
200
—No par
23% Jun
32 %
140'
-
24
38%
37%
'
24'A
19
*85
•
Pitts Coke & Chem Co com—No par
163%
93%
...
Pitts C C & St Louis RR
165
Dec
preferred
10
15% Jun
93
5%
13'
Sep
'
24 Va
103
98
22
*99%
;
300
52%
50%
51
7;
28,500
52%
52%
•18%
50%
52%
1
Inc
Hosiery.
15% May
102%
*11%
111%
Phillips
May
102 %
11%
108 Va
Phoenix
Dec
102%
11%
112
7
17% May
102%
12
100%
108%
21% Nov 29
400
9%
22%
*99%
*108%
18% Jan
;
9%
22'A
*111
17
20
9%
*22 Va
100
10% Dec
24%
9%
22%
—100
--100
Oct
85 %
9%
*22 Va
;
16%
57
9%
22%
;
May
9
9%
22%
preferred
Dec
33%
9 %
23%
preferred
preferred
19
2,700
12
9%
4.3%
Jan
30
100
100 »/a
*10'/4
t •
400
31
*22%
4.4%
*14
99%
:
5,400
18,000
108
*30'/a
11%
'•
36%
108 V
31
100
•
17
16%
*36 V*
v
1,500
/
9%
3.8%
Oct
/
37
1,300
V.
18%
23%
9
;
14% May
May
*11
11
18 Va
100
100
10
111
21
10% May
11%
100 %
11%
*99%
17
113
*111
■'
108
*30 Va
Jun > 8
96%
171
*9%
18'A
16%
103% Jun
14
Jan
10%
113 !/
*36%
31
*30%
100
28%
108
115% Jun
Dec
67
10
99
19%
28%
9 %
preference com:—No par
Dec
Apr
59% May
99%
30%
19%
s\
17 Va
37
28
$1 div
10'
114
*99
30%
.
"
18
109
107
«'
*111
31
8
54% Jan
8% May
99%
;
16%
36%
109
300
5,200
10
10
9%
19%
18
Jan
Dec
7
30%
10%
17
35%
35%
500
29%
45
*22 %
common...No par
63% July
18'
Feb
Dec
*30%
No par
$6 preferred:
Electric Co
Phlla
13% Sep 13
92% Aug 31
77% Jun 15
Dec
31
*10%
*
/ *107
19%
.
44%
28%
19%
112%
17%
9%
V/-:.
45
*28
/
19 V8
28%-
111
18
16%
36%
109
*107
.
Jan
96%
88
*35%
37
18
/
9%
,
91
99%
10
17
109
99 %
♦111
18
16%
9%
19%
*28
28%
112%
104
25% Sep
•
Jun
12
111%
17%
9%
19%
19%
*28
25
preferred.:—50
(Chas). St Co
11
50% Mar-
*109%
'9%
9%
19%
29
16%
*35 %
*107
/
..
3
109
Dec
Jan
9%
19%
*28
Nov
98% Mar
Dec
81
*28%
22
35%
Dec
85
19%
29%
18
16%
*29%
..100
1
Co
40% Feb
20
19%
*28%
100-
44% Dec
Dec
19%
29%
f
800
No par
Corp of America
48% Dec
20% Dec
19%
*28%
45
111%
18
7%
33 %c
Dec
July 13
May 19
*109%
100
preferred
14% Feb
%
28%
44%
9%
5
Co common
Petroleum
19%
'28%
44%
500
1,700
7%
*19%
45
100
7%
14 Ve
44%
19
100
1,400
9,900
27%
14
19%
44%
15,300
2%
*7%
28%.
19%
Ry Co
7%
1,500
f
26
*26%
8
44%
29
Pepsi-Cola Co
7%
27%
110
4,900
w
43
*2%
14%
7%
7%
14%
;
23%
■i 25%
*26%
300
1
3,600
-
105
<
*41
2%
19%
*9
.
41%
14%
*7%
19%
23%
26
16,800
26,900
7%
19%
*103%
:
23%
27%
7%
7%
14
7%
*2%
25%
105
7%
„
28%
*28
■
7%
X41 %
2%
26
*26%
8
14%
7%
23%
43
2%
55%
102%
19%
*103%
23%
23%
27%
*7%
7%
*41%
7%
-19%
105
23%
2
14
i
7%
19%
800
V
14%
54%
*101%
;
19 %
*19
Peoples Drug Stores Inc
Peoples Gas Light & Coke..
& Eastern
*7%
7%
26
*26
7%
13%
55
ioi
19%
42%;.'
*14'
14
54%
100%
43%
2
14
14%
55%
*103%
1,100
9%
100%
23%
25%
27%
7%-
9
55'A
105
*41%
13%
9%
29%
*28%
*43%
.100
43
9
9% "
.44%.
*19
7
:
*103 Va
7/ 23
25%
4%
♦137/a
22
Shares
3%
4
100%
7%
*19%
3%
42%
4'/a
.
*
10
preferred
Peoria
*26
7%
14%
77/a
com—No par
Co
7%
.
3%
42%
4
Jan
16%
•
Jan
25
Coke
&
Light Co
No par
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—10
3%% conv series A pfd
_100
17% Jun 21
93
25
Penn Power Sc
11'
103% Sep 20
88
6
7
5
24% Jan
6
30% Jan
104
May 19
28
*7 %
*13%
*7%
7%
2
2
25%
14
55%
102
(he Week
42
87/a
14
23
*40'A
8%
55
105
2
25%
27%
*26
.
21
Balee for
'
< per there''
41%
4
101 Va
3%
Jan. 21
'.A '/a
4%
8%
19%
4
41%
4
101%
22%
3%
42
120% Aug
10B % Aug
Dec
21
Oct
Coal
Mar
169% Aug
27 % Jan
Dec
10% May
22
Apr 22
20% May
7% Nov 26
22
Apr
120
98% Oct 28
8% May
95
6
45% Jan
May
111%
14
23
35% Dec 31
Penn
Penn-Dixie
20
Dec
23:
preferred
Penn Glass Sand Corp
16% Dec
28
22%
prior
conv
7
16% Dec
86% Feb
—2.50
1
Jan
103
Feb
Co
& Enterprises...
5
Coal Co__,
s
_-^5
%-
55
19
3%
*41
*103%
43
2
Transportation—No par
;
23%
25%
Mines
Pattno
54
105
22%
*40
:
NO par
2
.34% May
Sep
Feb
,
:
Proof
*103%
;
No par
Nov
22
19 Va
No par
51%
101%
*19%
Penney (J C) Co
55%
Jun
Nbpar
Penick & Ford
118%
May
7%
1
Dec
Jan
7%
7
Dec
45%
7%
Jan
May
Ill
*100%
15% Jan
21% Nov
11
27
•
100 %
49% Jun
17
Feb
X107
•
37
28
Apr
24%
•36
Sep
Feb
3%
42
14
54%
100 %
Park & Tllford Inc„—.....I
Park Utah Consolidated Mines.
1
10
14
*53%
•
1
com
Parke Davis St Co
14%
.f
51
5%
38% May
*14
*
Panhandle East Pipe L com..No par
4%
preferred
;
__100
*40%
Friday
Jan.29
I per there
8%
1
30% Jun
Jan. 19
< per share
3%
Motor Car
-....-No par
American Airways Corpl___2%
Pan-American Petrol & Transp^—S
_/100
6% Mar 16
3%
Pan
convertible preferred
2
4
Packard
Peabody
32 %
*37/8
Thersday
Jan. 18
# per share
f per share
41%
Paramount Pictures Inc—
May 21
3% May 17
I per there
*40
8
33% Jan
24
'
1
26% May 27
29
LOW AND HIGH SALE TRICKS
Tuesday
Wednesday
Jan. 17
10
Parafflne cos Inc
9
Feb
Pacific Tin Consolidated Corp
Pacific Western Oil Corp..
28
24% Nov 29 1
15% May
Per
•
29
11
Monday
;
Panhandle Prod & Refining;
May 27
Saturday
V
(393)
RECORD
Jan. 15
11
Mar 16
23% Dec
Feb
14%
Dec
87/s May
2
Jan
11
STOCK
EXCHANGE
"May 17
11% Jun 21
34% Feb 10
4Vv Jan
43
21
Oct
66
100
Jan2
18% Feb
53% Jan
Dec
7
97
32% jan
Sept
2
33%
Feb
109*- July
98%. Dec
19% Decf
37
46
18% Dec
5Va
21% Jun
5 "•i
NOV
109 V Mar
'
$ per share
6 %
2
<
>
'
CHRONICLE
•
"'/./""NEW YORK STOCK V*
•"
Highest
1 per share
Feb
59%
Range for year 1948
Lowest
Highest/.
I perihare
YORK
STOCKS
Year 1947
Lowest
FINANCIAL
&
30 Va
30%
30%
30%
30%
30%
31 V
30%
*107%
108'A
*107%
108%
*107%
108 Va
27 Va
27%
27
27
20%
21
20
20
*19%
27%
*19%
28
20%
;
*19
'
108
108
27
20%
/
1,800
27 Va
8,000
34'A
10,000
31'A
14,400
*107'A
108 Va
200
27%
27'A
700
20%
300
39,100
*20
■
R
7% May
10%
Feb
68%
Dec
80%
Feb
63% Feb
11
75% May 27
8%
Dec
15%
Jan
6% Oct
7
94%
Dec
11% May 19
98% Jun
4
105% Mar
7% Feb 20
89
Nov
10
Jun
17
28% May
17% May
41
Feb
25% Dec
22
32
Dec
22% Feb
20
x36
July 28
32%
38%
Feb
31
Jan
28
35
May 17
16% Feb
20
Dec
16% May
37
Dec
34% Jun
18
22% July
48 % July
36% Feb 24
39
27% July 12
45
Apr 27
July
31
Feb
16
39
Feb
10
Dec
15
15% May 27
108% Mar
101
Jan
21
106
11% Dec
17
18
Dec
10
14% Jan
17% Dec
28
15
25% May 21
13% May 24
22
66
33
Nov
9
Ve May
96
Oct
11
May
16%
Feb
Dec
14%
Nov
20% May
10% Dec
29%
Feb
17%
Feb
62
Dec
84% Feb
12%
Dec
17
Aug
8% Dec
21
96
Nov
102
15% May 21
Jan
78% Dec
21
99
10% Dec
18%
Jun
Nov
2
16
May 21
$3.50
Reading
24%
8
8% Dec
52
Dec
Aug
7
4
Aug 24
preferred
Co
No par
1
pfd
100
No par
1
25
-—50
50
common..
4%
non-cum
1st preferred
4%
non-cum
2nd preferred.
50
Real Silk Hosiery common
7%
5
100
preferred
Reeves
Reis
12%
1st
Radlo-Keith-Orpheum
Ralston Purina Co 3%%
Raybestos-Manhattan
Rayonler Inc common
$2
preferred
Bros
Inc
50c
div
Reliable
prior
Stores
10
preference
Corp
Reliance Mfg Co common
No par
5
Conv
pfd 3%% series
Remington-Rand common
$4.50
100
50c
preferred
Jan
33 Va
Oct
28
29% Jan
9%
Jan
6% Feb
10
8%
Feb
2% Dec
27
Republic Aviation Corp
Republic Pictures common
15%
Feb
13% May
8
5% May 20
11% May 21
30%
Feb
33% Oct 23
Dec
Dec
14
May
91
Dec
For
113% May
24% Feb
110
footnotes
Apr
see
page
5% Nov 29
22% Feb
11
103
Jan
5
15
Dec
28
111% July 14
21% May 15
82% Feb
17
102
24.
Oct
21
13
13%
13%
13%
13 Va
13%
13%
13%
13%
13%
73'A
73%
73%
73%
73%
73
73%
73%
73%
*73%
74'A
1,400
8'A
8%
8%
8%
8%
8%
8%
8%
8%
8%
12,400
8%
96
*95
*95
96
*95
8%
95
96'A
94
95
'
94
*94%
95%
*28'A
30
*27%
27%
27%
28
28%
28%
29
29
29
29
*27
27%
27
27%
28
28%
28
28
28 Va
28 Va
23%
*32%
33 %
33'A
33%
33%
33%
*33%
33%
33,%
33%
*33 Va
22
22 Va
22%
*22 %
22%
22%
22%
22%
22%
42
35%
*10%
ll
*103
106
*22
42
*34
43
*42
43
34%
34%
*34
34%
% 34%
34%
34%
*10%
10%
*10%
10%
10%
10%
*10%
*42
*103
106
42
42
*40 Va
42
34%
11
*40'A
34%
*10%
*103
106
*103
106
*103
106
*103
12
12
12
12
12
12
12
11%
U%
12
8%
20%
8%
*11%
Motors
$1
6%
*8%
8%
*8
*20%
21%
1
preferred
10
Steel. Corp com
.No par
conv prior pfd series A
100
Revere Copper St Brass com—No par
100
9
9%
54
54
*53 %
82
12%
9%
12
1
50c
201'2
9
55
9%
8%
*54
—_1
Inc
preferred
*19%
*78
convertible
5%%
*8
25
Republic
9%
22% May
101%
Reo
13%
*73
28%
90
600
5
3,700
34
300
227/a
.
900
42
300
34%
400
11
loo
106
12 Va
700
(Robt) & Co—
$1.25
4% May
3% Dec
7
/; 13
*78
82
12
9%
9%
9%
*78
*8
8%
20 Va
*20%
*
9%
54
9%
*53%
*8
8%
21%
*20%
21
*20%
*9%
9%
53%
53%
20
9'A
9%
8,100
9%
9%
9%
9%
9%
81%
*78%
81 Va
*79%
81 Va
*80
12%
12%
12'A
12%
12
12%
12%
12%
*12'A
77/a
8
8%
8%
8%
8 Va
8
8 Va
•7%
2%
2%
2%
2%
2%
2%
2%
2%
2%
6
25%
*108% 110%
*15%
15%
25 Va
26%
25%
26%
108%
108 Va
*107%
109%
2%
*98
/
99
57/a
*15%
98
6
16
98
*5%
15%
*98
800
83
2%
6
25
800
9%
53%
7%
7%
21 %
*9 Va
*53 Va
9%
54
8%
8%
6
15%
99
/
6
6%
6
25% '26
*107%
15%
*98
109%
6%
6
5,400
2%
8,800
6
25%
26 %
26
26%
109 Va
109 Va
*109
111%
16
*
99
*98
15%
1,800
8
-
1,300
15,100
200
15%
15%
16
2,400
99
99
99
40
a.«row#»#v*ftat|i<wv.jr, *
>V
!22
&
COMMERCIAL
THE
(394)
,
RECORD
STOCK
Year1947
Lowest
Lowest
Highest
$ pershare
t per share
Dec
4% Dec
19 %
Jun
"39
-Jan
90
May
124
9
May
'
*Jan
Feb
9
Mar 19
92
5%. Dec
28
36 % May
44%
Feb
33%.Dec
28
45
May
50 y2
Dec
43
Dec
18
85
Dec
19 i
Apr
13%
Jan
14
31
80
Feb
17
18 y2
Dec
15 V2 Jan
26
31
Feb
17% Dec
28
10 V4 Mar
Sep
4% Sep
:
29
5
6% Feb
19% Feb
14'
15% Mar
16
27% May 27
72
May 28
18% Jan
6
24 Va Noy
8
Dec
20%
Nov
Sep
18
24 y8
Oct
17
Mar 16
54
Dec
28
8% Dec
16
19%
42% May
68 y»
Oct
17%
26%
Feb
Dec
i,
.'4%
22
*102
35%
:
*5%
207/a
*19%
/■,' i 5t/4
5 V4
51/4
;
*25
177/a
21%
*17%
53
*52
112%
139%
101
Jun
r
53%
10%
53
■
10%
,
19
21%
;
22
,
:
•
800
5 Va
•;
.
I
1
4,400
9%
9%
25
25
300
22%
23
1,200
17%
18
»0J
54
200
10'A
300
19%
7,500
Vs.
22%
173/4
!
;
*52 Va
25
22%
17%
175/a
/
21'A
5%
.
9%
9%
*25
-
30%
*20
53/a
*5V4
900
l,b9i)
19
:
29%
••>"■■
21
*19%
9%
22
19
29,700
105
IO43/4
;
•
>
30
600
883/4
88%
303/a
,
25 %
*25
-
19
173/4
63%
*52
53%
*52%
54
10 Va
10 '/a
10%
*10 Va
5 V4
19
27%
j
20% /
9Va
25%
21 %
53%
-s
9%
9%
9%
25%
17%
112%
105%
*19%
5V4
21%
Safeway Stores common
—5
5% preferred;
L.——
10o
9
St Joseph Lead
10
July 6
St L-San F Ry Co com v t c__No par
May 15
Preferred series A.5% vtc__1100
May 28 ' St Louis Southwestern Ry Co—100
104%
207/a
5 J/4
183%
-
104%
19
18
18%
.
44
883/4
27%
/••/, 19%. ,19 Vs.
.■
213/s
21%
X44
44%
19
*25
*17%
1,000
9,600
983/4
27Va
9Vt
9%
26
Royal Typewriter
;—.'——_1
Ruberoid Co (The)——
,__No par
Ruppert (Jacob)
——5
6 V2
36%
*43%
27%
27
*19%
i
53/a
•9%
*6%
x363/a
:
88%
27%
'
*25
6%
36%
43%
27%
19
18%.
30
-6%
104%
104%-.
1,600
.,
19
27
,27%
*19% ,'20%
1
.104%
9,300
22%
103%
353/4
;
>
43 Va
..
5 Va
22%
'
)
'
*87%
V.v.'
88
Shares
103%
4%
103
for
Sales
the Week
tpe. share
22%
36
«
Jan. 81 1
>
■: 5
103
■
6%.
353/4.
45
88
/
,
104 %
103%
1C4%
•
-.
*43%
•
88
6V4
63/a
;
36
45
88
:
■.% .5
22 3/4
103% "
*103
1
"
1 per share
5
'V
22%
103%//
6%
//r 35%
35%
*43%
88
88/
'.
6 V2
5
5
22%
*102%
103
u
tper share
share
47/a
22%
6%
35%
.
45
104%
V
22
103
6»/4
35%
*43%-
19
///''/
103 %
1
*6 Va
5
22
4%
5
21%
Jan.19
18
.
$ per
$ per share
t per share
Par
Preferred 4,50% series—
100
Rheem Manufacturing ,Co___—___1
Richfield Oil Corp
_No par
Ritter Company?.—_i_No.par
Roan Antelope Copper Mines—3
Robertshaw-Fulton Controls com__l
4%%, conv preferred-..—
a_25
Ronson Art Metal W^s Inc—
2
24% May 18.,
49
Jun 21
28
Jun 15 ■
7Va May 21
12
July 12
29% July 12 >
Dec 22
25%
23 % May
5%
Oct
103% Dec
Feb
104
.
-*•
Rexftll Drug Inc
—"—2.50
Reynolds fyletais Co com—a,—No par
5%% convertible preferred.—_100
Reynolds Spring
—a
_____ 1
Reynolds (R J) Tob ,clas$ B—x*10
Cpmmon —_1—a—alO
Preferred 3.60^ series—_a_ 100
May 15
29% Apr 22
1.-104% Jan
5*
11% May 26
41*% J»n -.2 I
50
Jan
8
94
Jun
1
'
103% Dec 31 v
8
22
19 % Nov
16%
'
$ per share
I per share
Feb
11%
6%
Jan
Jan. 17
/"Jan. la
-/•
Friday
Thursday,
Jan. 20 •>;:./
Wednesday
Tuesday
Monday
>
Saturday
NEW YORK. STOCK
EXCHANGE
1948
Highest ;s
Range for year
J
,
SALE PRICES
LOW AND HIGH
STOCKS
.
Range for Previous
1949
Monday, January 24,
CHRONICLE
FINANCIAL
*10v
.10%;
*10%
10%
i. 10%
'
|
i
v-'v'?• ■•'fX/?''''
26% July
108
Dec
40
Jun
Jun
11
16%
32% Feb IT
Dec
67
Jan
2
60 %
Dec
58
Jan
29
12
•
Dec
Oct
8
Feb
13
July
79
91 % May 20
98 %
Feb
18
liy2
Feb
8% Feb
10
23% May
55%
Jan
25% Mar
Dec
49 ya
Jan
39% Mar 10
40%
.
Sep
5
Nov
88
Dec
103%
90
Dec
102 % July
13 y8
Nov
18 y8
Jan
12
Dec
83%
Dec
98% Mar
79
92
15% Aug 24
93% .Apr
7
3
15% Jun
24
87
7
11% May
Feb
13% Feb
11
26% July
39% May
55
Feb
44
Feb
19
62% Jun
17%
Dec
19%
Nov
15% Feb
10
Mar
43%
Dec
35% Feb
11
5% May
10 y2
Feb
% July
31% Feb
40
30 y8 May
6%
43 % Nov
5
Feb
9% Dec
15 '
16.%
Dec
Feb
5 %- Dec
31
..16% Feb
1Q % May
101
59 % May
8% Oct
Mar 25
5
16%
Oct
11
20 Va Jun
Jan
110
Dec
12"% July
8 % May
$4.50
36% Jun
2
30
Feb
11
46% Oct
22\
17% Feb
11
70
Dec
82
Feb
68
Feb
25
14%
Dec
21%
Feb
9
27% Jun 10'
79
Dec 28'
15% Jan
2'
Dec
22
Feb
12
24 % May
35%
Dec
28% Feb
11
6% May
9 y2
Feb
4% Dec
29
4
6%
Feb
3% Dec
7V4Jan
5
27 y2 May
41
Jan
25
39
Apr
51
Feb
34
Dec
31"
44
i Jan
8
14
May
18%
Dec
15
Feb
11
32% Jun
21
65
Mar
117%
92% Feb
10
15
May
Dec
Oct
May 15
V
39%
Oct
102%
29% May
87% Dec
'
Jun
18
Feb
11
25% Oct
23
23
23
Dec
22
35%Jun
3
31'
Dec
14
39 V2 Jun
90
Apr
Sep
29
98
July
15% Dec
29
26
Jun
27% Dec
80
-
91
35 y2
Jan
13% Mar
17 %
Dec
Nov
5
3% May
"5V4
Feb
3% Nov
24
Oct
8%
Jan
5% Mar
Nov
54%
Apr
23%
;
Dec
42
},■
:
.
t
'
■ ••
11'
14"% Feb
96
5%
52
-
.
17 '
45% Aug
>7
Jun
May
8% Oct
5
4
Feb
39
Jun
23
104% Jun
Oct
60
22%
Jan
11% Nov 30
16% Jan
37% May
56
Jan
36 % Mar 17
44
i-ort
40y8
42%
Dec
36
'!<;,>
27
34%
Jan
li%
i i
May
Nov
Dec
.
34y2
42% Jan
2
Dec
Aug
30% July
20 Va
50 y4
Dec
43% Feb
30% July
62% July
50%> Jan
Apr
25% Mar 16
28 Va Feb
July
\}?r 22
.•>>.*•
Feb 27
11
'
.33 % Feb
11
57% May
77
Feb
58% Feb
20
50% Jun
70
July
Nov
81
Aug
65 % Dec
28
73
28
May,
68
J
'Jun 2T
160
Lowest
15
20%
7%
May
Feb
Feb
14 %
May
4% May
8
$ per share
Jan
$ per
Jan
4
Feb
26
7% Jun
Dec
17
8% May 27
93%
Jan
23%
Sep
31% July
22
Aug 25
25
Jan
5
Dec
24
29% Jan
2
20
30% Jun
18
24%
Oct
20% Feb
17%
May
73
Feb
7V4 Dec
31
14
May 15.
May 14
90%
Feb
61V8Marl7
74
13% May
18%
Feb
15% Feb
23% May 15
27
Nov
45 %
Jan
21% Aug 19
Nov
112 %
Feb
95
%
.' 68
99
Dec
■
23%
63
Mar
23%
Jan
94
Dec
19% Dec
8
29 % Jun
3
79% Oct
18
91% Jun
10
Jan
17% Nov
30
Feb
86
Feb
11
109% Oct
22
125
May
50% Mar
Feb
97% Feb
27
121
Oct
22
»•'
63
July
54% Jan -27
73
Jun
15
Feb'13
53
Jun
16
44% July
July
80
31% Aug
Jan
105
36%
69 Va Feb
27% May 15
11
92% Jun
23% Nov 30
89
Oct
15% Oct
Feb
11
43% May 11
411/4
Jun
49
Feb
38
May
47
Oct
36% Nov 30
Jan
11% Mar
Jan
Dec
30%
Nov
36%
Oct
13% May
19%
Feb
14% May
Jun
10% May
104% Mar
23
26
15% May 21
32% Mar 12
Dec
19 %
41 % May
6
18
49
May
88
14
11
10
Feb
34
Jun
11% Feb
17%
12
15
97% Jun
35
14
10% May
37
29
114%
May
37 y4 May
Jan
104
36%
17 y2 May
89
12
2
Jan
102
Dec
81
29% Jan
Aug
37%
Dec
"83
Nov
16
39 % Jun
8
Jun
7
10
97
23 % Dec
20
36 % May 21
12 Va Feb
11
16% May 26
88
Feb
2
9Va Dec
28
18
Jan
Dec
18
20
Jan
8
11% Jan
6
18 Va
July
I
24%
Oct
21%
Jan
15
17
Feb
May
25 Va
Feb
16 Va Mar 16
29% Jun
15
10% May
15%
Feb
6% Nov 30
11% Jan
7
105
July
109 %
Apr
51
May
114
Dec
16
75% Mar
125
Oct
.
98 % May 25
9
70% Nov
50% Mar 19
113% Jan
120 "
31
July
24
12%
1
9Vb Feb
11
15% May 24
17% Dec
7% 'Jan
17
21% Jun
Sep
18% Dec
32% May
8% May
10i%
Jan
45%
Jan
13% Mar
160
Dec
13
May
36
May
47
Feb
24%
14%
For
Jan
Mar
21%
footnotes
see
Oct
page
34% Mar
9
140
Dec
Mar
26% Jun
23
43
2
1
13% Dec 28
9
21
July 13
11% Mar 31
28
Jun
17
19% Jun
9
235
-
Dec
28
44% Jun
14
8% Nov
10
16% Jan
19
31
91
44%
*6%
123/8.;..
12 Va
96
91%
*13%
17%
10%
10^/ 4
v
*6 :
>
1
36%
243/4
v
36%
38
243/4
*24%
25
25
; 79
*78
*78
79
*12%
13%
13%
38%
39
38%
*5 Va
5 V4
5%
;'~*4Va
4 %
3&%:
*35
J
,:r>
.85
*163/8
■
*•
'
35
35 />
*19%
20
,19%
24
*23%
293/a
29%
29 Va
,29%
84 V4
*84%
85 %
*95
17
16%
17
16%
17
16%
17
*863/4
97 %
■16%
17 Va
.
1C0 Va
100%
33/4
3%
3%
3%
3%
3
3/4
7%
7%
73/8
73/8
73/B
73/8
*43
*43
44
55
*53%
55
*53 ;
>
38
*12%
12%
12%
38 V»
12%
28
44
55
553/4
*12%
38%
38%
36 %
30%"
30 3,4
303/a
30%
29
29
29
29
47 Va
•,47%
38%
30%
70
Sterchl Bros Stores Inc
1
Sterling Drug Inc common—1
5
3%% preferred.^
:
—100Stevens (J P) & Co Inc
—15
Stewart-Warner Corp
1—5
Stokley-Van Camp Inc common
1
5% prior .preferred.,
20
Stone & Webster
No par
Studebaker Corp (The)
1
1
:•
■
5,100
1
'
5
5 Va
7%
27 Va
73/4
i
39
393,4
4,500
"
60 VA
60'A
600
485/«
48 l/a
48 3/4
39
%
38%
39%
39%
40
60
60%
60 %
67
*65%
60
*653/^
26%
Jan. 20
S per share
12 3/4
13
12%
123/4-
*102%
103%
:
5%
5%
*4 %
5
237/B
23%
24
24%
27 Va
7%
65%
66
16%
16 Va
16VB
16%
26%
26
26V4
26%
102% 102%
103
26%
*
103
2 03/8
19%
19%
87%
85'A
86'A
;83%
85
243/4
24%
25'A
243/0
25 >/4
*41%
44 '
*35%
12%
*37 Va
37%
*95
98
107%
107'/a
*105
109
*105
117%
117%
118
118%
118
118
118
118
25%
25%
13%
13%
9%
653A
66 Va
65%
66 Vb
39%
39%
39%
39 %
39%
393/a
13,400
71 ''
72 Va
71%
72%
72 3/8
73
30,800
25 Va
25%
25
25 Va
25
25'A
243/4
25%
98
16%
*97
98
98
98 :•
16%
16%
16%
463/4
*44
46
33
37
37
13
123/4
12%
*97
15%
-15 %
*44
*35%
12%
37%
*96%
v
15%
26
25%
13%
131/4
13%
10
>16%
16%
13%
13%-
10
10
10
9%
16%
14
13%
14
14
14
13%
14
20
193%
20%
20%
20%
20 Va
20%
7%
7%
7%
7%
..
90%
91
*91
92
57.3/4
58
57
57%
*57
117
*117
118%
117
117
10%
10 3/4
*17%
.
*17'A
18
'
18%
39%
39
39%
18%
18%
.
*39
9
9
9
163
164
*161
*14%
14%
*34
36
9%-
14
14%
.
*14
*35
*8 %
36
9%
,35
7%
9%
92
573A
*117
118 Va
10%
103A
17 3/8
*17%
18%
19
39%
393/a
14%
*35%
*165
36
*9
9%
14%
*117%
103/4
*17%
39%
9%
9%
57
10%
19
39%
163
*7%
*91
17%
18%
-.
14%
9%
7%
*91
35
16%
4,300
.13%
3,800
10%
3,400
16%
1,000
2,400
17%
.
.10
26%
14,700
10 3/4
9
13%
:
100
13%
19%
163
6,400
26
20%
*57
*14
38 Va
37%
*97
-/
100
13%
18
166
1,000
193/4
573/4
117
12 3/4
14
10%
9
9
169
.
I
38
20%
39%
10 3/4
10 3/4
18%
u
200
13%
92
*91
58%-'
16%
1
46
20%
r
7%
7%
91
10
10,000
20,200
*12%
13%
10
16%
16%
16%
16%
v
26
16%
*37
'
98
25%
100
*44
38 Va
*97
253/4
25%
13'A
38
v.
98%
*97
98%
13
16
37
13
*97 Va
'
46
*36
38
37%
37%
*44
;
17
18
7,800
393/4
*13%
118%
300
3,200
663/a
*16%
7%
653A
71%
98
9%
'
.210
34,100
65%
253/4
13V4
9%
*90
>
39%
71%
37%
37Va
253/4
*7Vs
170
65%
13
*96
'
24%
108
44
*123/4
12%
84 Va
107%
37%
-*35%
1
,
39,700
109
98
■
*42%
'
19%
25V4
14%
1
800
71%
•
,
'700
-
65%
*97
38
/
139 %
25
14%
235/a
16%/:
26%
103
117%
116
'98
84
•:
;
•'
108
*106
70 Va
19%
18%
25
39
14%
103
20 Z
19%
65%
25
*26 Va
103
24%
65%
9'/8
%
87%
70%
'
102
16%
16%"
26 Va
20%
39 Va
9
230
24%
65%
39%
663/4
66%
66 %
87%
70%
*164
3,900
19%
39%
18%
8 Va
'
8
8 Va
23 %
117%
10 3/4
3,400
87%
*117
*17J/4
27 Va
24%
109
*117
27%
88
*107
*57
700
27%
193/a
20
80
24 V8
*1534
"26%
103
•
*23%
66%
16%
'
69
24 Va
8
663/4'
66 3/4
200
5
*4%
69
69
.1
27%
7%
7%
■
/
5 Va V
24 Va
•"
273/s
27
27 %
7%
65%
16': T
69
68%
j
1,800
1,900
12%
5%
5
*4%
5
*4%
68%
Shares
share
12%
57/s
*5%
5%
5%
.
'■
68%
*66
7%
102%
23%
S per
12%
•
the Week
Jan. 81
Jan. 19
S per share
M.
for
Sales
Friday
Thursday
Wednesday
|,
67
HIGH SALE PRICES
AND
27%
*25%
-
16 Va
>87%
/
*653/4
67
123/4
23%
*64%
643/4
"
M
V4
9,800
Sper share
4%
73/4
64 %
98
2,500
2,200
48 3A
Jan.18
68
27
16Va
*253/4
20
30%
29%
48 Va
/Tuesday
5%
43/4
*65
23%
..
30%
29
48%
60 %
5%
VI
/
500
29%
67
12%
.
,
1,300
//a
30%
48
*653/4
23%
.' 27.Va
38
'
4%
:
38
*36%
29%
v
"
68
*23%
37%
38
30%
*59
'
43/4
12%
38
29
67
S per share
500
12%
*12%
12 V4
*36%
30%
59%
"
500
54%
38
12%
38'/a
■:
45
54%
,,
'
28%
38%
12%
12%
*64
•
2,000
7%
30%
47
Jan. 17
share
12%
..
3%
303/4
38%
Monday
Saturday
S per
.
100%
3%
*43
55
t
..500
100%
7%
,V
38%
48
*653/4
31,600
"36%
59
-
17
28%
:
28%
.
;
400
38%
38 Va
,
59 V2
*65%
vi
*54
12%
38 VB
47
38%
*59
Par
;
45
55
•
*43
38
12%
38
*36%
36V2
*36%
44
*43
1
:.
16
16%
♦
\
7 Va
'
100%;
•;/'
16
100V4
33/4
7%
*100
60
873A
*95%
16%
3%
1003/4
1,500
100%
-
'
.
800
30 VB
86 %
.16%
*100
23%
97 %
j86%
*
,97 V4
17
7%
*53.%
,
233/4
16%
*•95%
16%
;
/ 300
95 V4
86Vt
*85
f
97%
97%
20
!
-
26,900
30 Va
■/,
'
30
■30
1
400
1,100
*19%
24%
;
' ,400
2,000
122
122
19%
233/4
'
.
23%
22%
23%
122 Va
122
.29% V
'
35
3%
45
4% convertible preferred
50
Starrett Co (The) L S
.—No par
p..
4 Va
25%
'.22%
'22^/8
122%
1,300
5%
4 Va
25%
ioo3/4
*43
Standard Brands Inc com—No par
$3.50 preferred i
No par
Standard G & B Co $4 pref—No par
$6 prior preferred
:
No par
$7 prior preferred
No par
Standard Oil of California—No par
Standard Oil of Indiana
25
Standard Oil of New Jersey
25
Standard Oil, of Ohio common—10
3%% preferred series A
—100
Standard Steel Spring common—1
1v xfc*-
*5 Va
4 Va
23%
/
/
257/a
7%
Spalding (AG) & Bros Inc.—1—1
Sparks Withingtoni—
No par
Spear & Co common
:—:
1
$5.50 preferred—J!___No par Spenper Kellogg & Sons—:—_x
1 ■
Sperry Corp (The)———:
1
Spiegel Inc common
:
2 Conv $4.50 preferred
N6 par •
Squar- D Co
—_i——
5 Squibb (E R) & Sons common
1$4 preferred
No par
24.
23 3/8
;
20
*19
LOW
4%% preferred series B
25
Sunshine Biscuits Inc
_12.50
Sunshine Mining Co
10c
Superior Oil of California——25
Superior Steel Corp
.____
50
Sutherland Paper Co
..10
Sweets Co of America (The)—4.16%
'
35%
122%
23
123
'
300
5,900
35
25%
*35
5%
-
.25%
/
4 Va?
25%
900
13%
38%
23%
16%
17
Jan. 15
Sun Chemical Corp common
1
$4.50 series A preferred
No par
Sun Oil Co common
No par
Class A 4%% pfd
100
Sunray Oil Corp common
1
'4%% preferred series A
25
'
k
1.600
.39 'A
*1^%
39'/a
,"*5%
53/a
5%
*4
38%
39 " 5
38%
13%
*12%
13%
13%
1
1,900
v
;
9%
9%
9%v
9%
3%
,
-
783A
993/,
<
NEW YORK STOCK
EXCHANGE
*78
*16%
16%
16%
26%
78%
*95
97%
*95
36%
26%
:
233/4
*23 V*
29'/a
36%
*26%
36%:
•
29
233/,
.;
2,000
28%
'
*9 %
36
123.,
200
:
28%
28%
;
1,700
102
,36 Va
26
/22 V2
19 % ; 19%
19%
*23
*84%
37
123
6%
10%
,26
"//"
4
400
103/B
v:
,*6%
,
•TOO
*78%
5%
253/4
-
900
25%;
,79
f /
9%;
38%
38%
5V4
10%
;
84.%
*19%
29 Va
13%
4
'22%
•
123
123%
123%
"
14.600
10 3/8
36% r?
V-
*78
"
35%
26
*35%
22
22%
22'/a
,
4Va
39 Va
28 %
9% /•
*12%
,
5%
,4 Va
25 V:;
sr
26
26
13%
,38%,
.
38%
36%
;
79
9%
9 Va
9 Va
9
9
/'/
•
102
28%
'
700
10%
10%
200
2,800
44 Va •44'A
6%
*6 Vb
6Va
*6 %
j
3,500
173/4.
//
10 Va
*100
17%
54%
17%
28 Va
;
25
'
%_
20
1,600
110
17%
.
60
:>
25 >
;
37
36%
6
//
'
1,800
;
14
.ifG *53
,39%
•103/8
102
/
,44
6%
V
J83/4
•
10,200
86 Va
; >*85
18
*6%
■
103/a
103/a
*99%
28 %
28%
28%
36%
J
*78
/
28
•
*6 Va
6%
102
•
10%:,1
10%
10 %
*99 V4
6 3/8
39%
.
10%/
10 Va
10%
102
*99 V4
63/i
38 3A
6%
39% V
6V4.
6V4
6V4
10 Va
10V4
101
44
*43% .,.45
,43%
*
1,000
-
v
91 Va
14
•
17%
17%
140
.
95 Va
*90%
7
J
,54
54
18
7,400
12%
•94
85
173/4
.
•
14 :
10
,
48%
91%
>•
85
56%;;
18
103/4
103/4
103/4
6Vl
•
10%
6
14
.
-17%.
17%
*54
18
39
*90%
•85
17%
43%
63/4
14
*84 Va
'
HO
.
/
29% ,29%
48%
.
95%
s..-:
*94
.
903/4
*13%
56
17%
-tK
90%
>■/;
85
49
*48
.
95%
95%
14
*84 Va
•,48%
*48
49
/
.
83,
♦12
12%
2,800
8%
8%
83
29%
;
.
42 Va
42
.:
83
29%
*95%
V
.
83/4
8%
29%
393/8
*6
38%
/
11%
*82 >
•;
12 Va
•
44
43%
&%
39 %
83/4
83
29%
17%
38%
91
<.
8%
12%
55
17.%
*82
29% V,
12
*54
55
17%
1
91 % Dec
*89
91
«
87/a
>
*903/4
137/a
84%
-
28 %
$ per share
20% May 20
4
Dec
8
,
17
73
16% May
.
12% Dec
63
92
84 %
57
28%
Smith (A) & Sons Carpet .Co com—20
3%% preferred _il
100
4.20% preferred
L
100
9
Smith & Corona Typewriters_No par
16'
Socony Vacuum Oil Co Inc
i_15
14
Solvay American Corp 4% pfd—100
17
South Amer Gold &:Platinum——1
22
South Carolina "E & G Co. com_4.50
6 "
5%
preferred
i_50
22
5%% conv preferred
_—50
8
Southeastern Greyhound Lines
5
30
South Porto Rico Sugar com_No par
15' * ' 8% preferred.!.
25
9
Southern California Edison——25
12
Southern Natural Gas Co
7.50
9 - .Southern Pacific Co
,—No par
23
Southern Railway common—^0 par
12
5% non-cum preferred.'
100
6
Mobile & Ohio stock tr ctfsl.
100
Highest
share
*89
\
91
82
81%
v.
.11
'
11,600
120
:
X29%
48%
STOCKS
Highest
t per share
13%.
*43%
18 f
19
9
Range for year 1948
Lowest
120
91%
*903/4
13%
*99%
Range for Previous
Year 1947
118
/'
17 Va
-No par
Sharp & Dohme common——No par
$3.50 conv pref series A—No par
Shattuck (Frank G)
i
No par
Sheaffer (W A) Pen Co—
1
Shell Union Oil „——;
'__ 15
Sheraton Corp of America
1
Silver King Coalition Mines—J
5
Simmons tCo_—
—NO par
Simonds Saw & Steelix—
No:par
Sinclair Oil Corp—
—No par
Skelly Oil Col—:
—
15
Sloss-Sheffield Steel & Iron—J
20
Smith (AO)' Corp——
10
7% May 18
36
91 %.-
*54 ;/
Sharon Steel Corp
14
Oct 26
46% Jun 15
31
Dec'23
Apr
114
•/..
96
96
preferred—j—J—No par
Shamrock. Oil & Gas
24% Nov 26
Oct
11%
*90%
1
Seryel Inc. common
Jan
9
1.14
17%
3i
23
96
16%
Dec
Mar
*110%
48
.47%
48'
*95%
17 V4
40%
Dec
42
114
29%
*4.7%
12'A
11%
11%
42
8%
'•
.,.12%
85%
33%
30%
12 V4
29 Va
17%
May
-
12%
29%
*84%
18
Apr
12%
Seaboard Air Line com v t c__No par
7
5% preferred series A——-1-100
14
Seaboard Finance Co——
1
6
Seaboard Oil Co of Del—
No par
25 v Seagrave Corp J
—
—5
4 * Sears Roebuck & Co
—No par
12
Seeger Refrigerator Co
;—5
15
Seiberjing Rubber Co
1
24% May
20%
•
81%
r
4534
44%
11%/.
41
*87
29%
6 '
Jan
104
81V4
453/4 j
45'/a
4 600
45
40%
83/4
81%
a
>13%
1
Feb 26
94
81%
46 VA
-UV2
V
190
112%
44%
40
91
8%
<;
18%
*112
*112 V, 112%
t
*110%
(The')'common—5
3.35% preferred —'
—100
,i l4%Jun
9%. Dec 17
8%
112
u
V'/. .•/•'
19
183/4
39%
,
112
•-
*8.7
91
8%
•
Scranton Flee Co
Apr 12
Oct
24%
23
9
Jan
95
87% Nov 30
110
115'
/.
'
11%
>39 V4
,
112
112%
453/4
11 %
10%
38%
*87 /
Schenldy Industries Inc1.75
Scott Paper Co common——No par
$3.40 preferred —i_—
No par
Scovill Mfg Co 3.65% pfd
100
35% May 21*
51
May 27-
5
10%
39'/a
19%
18%
19%
112
46
45%
10%
39 Va
*110
18%
:
112%
*112
p--
46
46
5-% non-cum preferred—1
1100
St Regis Paper Co common
1—5
1st pfd 4.40% series A
—100
-Savage Arms Corp—
;L_
5
16
13% May 27
Dec
',80
* 7 % May
;
487/s
'
16
113
Jun
61% Jun
24
8% Feb
68%
Dec
9
39% Feb
Jan
37 y2
Dec
57
Jan
2"
21% Jan
21 '
12ya
May
66
15'
107% Sep
55 y2
;
5% May
18
I6V4 Dec
114 y2 Mar
Dec
X20
18 3/4
18%
9%
168
14%
19
*393A
9%
166
14%
*35%
■,
36
*35%
8%
9
9%
7%
92
900
50
57%
1,200
118%
120
11
10,800
17%
100
19%
2,900
40%
900
9%
2,800
166
14%
36
9%
600
1,200
100
i
700
3
COMMERCIAL
THE
;Numb€r 4771
169
Volume
NEW
Year
i. jf per aftanc
3.0%
i
Highest
;
V,t per shape
# per share
,
-
Swift ,&
-—-——25
Co—
36"% Jan
27
'4 Jan
3
Swixt
3
Sylvapia.-Elec Prod tnccom—No
"2 9%
t
i
,,79% Dec
5% May
8% Dec 28
"l7y8 Feb 27
22
28
91
Feb
4% Mar 12
14
,
27'% Jan
28 Vi Feb
104%Mar
10 '%
20% Dec
;ia3/4 Dec.
.
Feb
79
-Dec
26
f'Jpn
-AUg 13
international
9'/4 Mar 16
113/4 May 21
Talcott Inc
3% Dec 28
i.4% Mar 16
,.5% Jun 28
19% May 27
Telautograph
20 Va Aug
53%
Sep
68% July
52
10 '%
Jan
24
15 V* Nov
May
.
9%
par ;
(James)———
9
*163%
-25
53%
t per share
„#
,
per
7%
3% May.
*i
Jan
;
Nov
30
67>
Tennessee
15
Jun
Texas
Dec
May
10
25 %
8
Texas
Gulf
Feb
13
71 % July 12
Texas
Gulf
19
46% May
Nov
10
25
47
58% Nov
;—
Co—
Oct
Producing
Texas Pacific Land
15%
Jan.
34%
Dec
29
Feb
10
48% May 13
(
41
Jan'
58%
Feb
45% Dec
21
653/4. May 24
Texas & Paciffc
,
13%
Dec
15%
Dec
10% Dec
29
203% May 24
Textron
18%
Dec
19%
Dec
xl4% Dec
9
21%
Feb
5% Dec
29
14% Jan
59%
Feb
25% Dec
28
46% Jan
12%
Dec
41
Dec
12
i
May',
45
Dec
Feb
5% Dec
31
34% Dec
29
.6% Dec
28
30%
30%
30%
30%
30%
,31%
10%
10%
10%
103/4
10%
10%
-10%
4,100
22%
23
223/4
23
23%
23%
:23%
233/a
4,500
85
851/4
851/4
85%
85
85 %
*85%
*5
87
5%
1,100
410%
10%
,23
,
85%,
5
5
*10%
.,105/a
51/8
*5
5»/b/
*10%
,
7
10%
»
*10%
5 Vb
10%
5%
24
Feb
14%
Feb
24%
Oct
10
16%
Feb
Sep
(
38
<85
59 %
May
<
Dec
•106
'•
3% May
19
Apr
v'77/a Oct
;
••
39% Feb
Jan
Mar
.85
10% Jan
5
•*10%
8
6
95% Jun
105/a
7 %
Feb
1% Mar 11
4% Jan
39%
Feb
"19% Mar 16
31% Nov
4
May
25%
Oct
15
94
Dec
108%
Feb
,19% Feb -13
95% Jan
2
.32% Jun
15% May
40 % May
21%
Feb
"17
53% Oct
10% May
15% Jan
13% May
,22% Jan
20% Nov
14
r
May
5.'% May
7%
Dec
15%
;38%
12%
93
5
11
,96
Nov
5
12% Mar 16
19% Aug
17% July 30
31% Dec
17
36% Jan
5
Jun
92
27
100 % Jun
11
Jan
20th
Jun
17
32% Jan
21
5%
Oct
5% Dec
30
14% Jan
5
Twin
15% July
9% Dec
16
12
Jan
2
Udylite Corp
Dec
23
69% Jun
15
Underwood
16%
15
Union
24
cn'nv
Corp
10%
11
"
3,900
153/a
'153/8
15%
*15%
15%
15%
15%
1,200
53/4
2,900
60%
61
3,300
23%
22%
2234
4,100
16%
17 %
4,400
5%
5%
5%
27%
27'A
*12%
13'/4
.
6y4
6 %
35%
.4134
8'%
*44'%
,89
33/8
33/8
*273%
*7%
81/B
44%
7
T*
3%"'
3%
29
5%
5%
27
/
*12 3/4
6%
6%
6%
6%
*35
36%
*35
*6%
7%
19%
193/4
8
8%
8%
,*7%
24 '%
44%
44%
*87%
44%
*7
45
*87%
89
3%
3%
33/8
3%
29%
*28%
29%
3%
3%
*28
243/a
243/s
243/4
24'/a
243/a
24%
104%
104%
104 y4
*103%
104%
18%
18%
183/8
18%
18%
18%
41%
41%
41
•'
41%
41%
42
41%
41%
413/4
42
10
10%
10 y4
10%
5
11%
113/4
*14%
16
6%
7
No par
101 %
5
*97
/
preferred—
4,200
41%
42 %
4,900
4,700
10 V'a
10 %
123/4
12%
13
12%
12%.
15%
16
16
*161/8
100 y2
10 Va
6%
7
100%
100
7
100%
1003/8
7%
5,700
16 %
200
IVb
15,200
101 %
290
7
lOO'/a
15
143%
15
14%
15
14%
14%
14%
14%
20
20%
20%
20%
20%
21
203/4
21
203/4
33%
33%
33%
33%
34
34
34
34
34
*33 %
*97%
100
100
*98%
*97
100
*5]/4
53/4
5%
*25 y2
,
■280
18%
10
7%
5%
26%
'*25 Vb
27%
*25%
6%
63,B
6%
6%
1
15,500
18
15%
100%
102
*1003/4
100
•
25%
24%
123/8
J6
6%
6'/4
50
Co
7'/a
*5%
?
100
1033/4, 1033/4
20%
*33 y2
par
1,900
12%
*15%
80
3%
10%
11%
1
16
/
•
6 3/4
101%
20
par
11%
11%
500
*
'
-14%
Co
10%
.
•v
""
1'
common
10'A"
10 Va
*15
.
1,600
29%
*28
25%
1033/4
181/4
_2
8%
89
3%
29%
1033/4
No par
600
45
45
*87%
18%
——Li.
600
'
'
23%
104
20
7%
19%
•
"
89
1033/4
.
1,500
36%
193/4
18 y4
104
320
13 %
TVs
8
87%
600
27%
27
13%
20
*27%
28%
28%
8'/8
45
87%
•
87 y2
2,700
45%
*12%
6%
36 V*
*193/i
45
44%
87%
45%
*87 y2
42%
*44
T
,*343/4
20
27
13%
6%
73/8
5%
27
*19 3/4
20
5%
27
*123/4
X35%
*7 '/a
71/8
7
*19%
53/8
/
.13%
6%
42%
'
*73%
24 y8
53/4
27
,36%
*35
7
19%
*5%
27
*12%
6%
6 3,8
36%
19%
•
41%
'
No par
*
prior
,10%
17
60%
*is'%
Rap Trapsit com—No
Coach
45%
10%
7
*_No par
Feb
45%
10%
1634
60%
23
ya
5
preferred
17%
443/4
103/4
*35
No par
prior
51%
42
43%
103/4
6'/4
No par
Twin City
41%
44
13%
com_*No par
$4.50
; 8% May 27
2
41%
*43
,
27%
15
preferred
Nov
•
*41%
44
5%
100v
conv
9% May
30
4% Dec
41%
41
*43
*27
r_No par
Century Fox Film com—No
Feb
22%
*12 3/4
■'
1/
,
$1.50
16 /
■
17
60
22%
15%
.—50
com
Corp
Goal
17
60 3/8
23
171/8
15%
Corp__No par
preferred
Truax-Traei
25 s/8 Mar 31
Jan
17'/B
60%
22%
,
15%
Transcont'l & Western Air Inc
5
Jan
100
500
60%
17%
15%
.(The)-,
Transue & Williams Steel-
$6
■
14,300
60%
15'/4
Axle
Tri-Ccntlncntal
5434
22%
10%
No par
Bearing
Transamerica
7
54
16%
10%
No par
preferred-!
Roller
5434
.
17
54%
22
103/8
-
Detroit
Timken
223/8 Mar 11
104
Dec
$3.75
4%
17
60%
10%
preferred
Timken
233/4 Apr 11,
10% May 15,
107% July 22
48
Dec
7
•>
13% Jan
29
5% Feb
Nov
21 % Dec
34% Aug
9% Nov
15% Nov
Feb
Dec
10'
Dec
10
Feb
112%
99
;
2}0:', Dec 29
Co
Products
cum
54%
*4%
17
17%
44
—No par "
Tide Water Associated Oil com
10
104% July 12
23% May 27
55
May 21
Mar 17
Transit
Thompson-Starrett "Co
$3.50
543/e
4Va
17
«•
22%
413%.
1
4% .preferred
6
May
18
20
..•••;
Thompson
54%
4Va
16%
61
,10%
Thompson (J R)—4
16
4 Vb
16%
17 Vs
*41
preferred
conv
Steel
*4
17
541/4
*42%
common
Avenue
Thomas
54
No par
.
div
Third
59% May 26
11
Feb
$2%
9
;9
53%
.4%
*163/4
100
preference—
Co
53%
*4
4%
,16%
130
22 V4
_1 '
Fair
Thermoid
16%
_50c
preferred—*
cqnv
*4
.17
,
6,600
Trust—
-w—
Ry Co___
common^,—
conv
$2.40
The
19
; Jun
Inc
v4%
32
61
No par
10
Thatcher Glass Mfg Co common—5:
,8
,47% Jan
13% Apr
30
60%
.6% Aug
t.
'
share ctfs
$1.25
May 22
13%
16% Jan
,
Sub
9
15% May 21
103/4 May 15
'12% Apr .15
,'17% Feb
9% May
24
1'
:
Sulphur
Pacific Coal & Oil
Texas
26
Shares
30%
.10%
5
10%
*4
Corp
to"
tbe Week
t per share
"
■>.
8ales
Jan. 21
share
10 >%
85%
5%
*10%
Corp———_-----—5
——5
Friday
Jan,20
30%
22%
.■85
5 '%
$ per share
Thursday
,
10
23'
*84
*
Wednesday
,Jan. 19 '
•TtWdar
'..Jan. 18
29%
,10'
23
;
$4 preferred-^.——No par
Symington Gould Corp
1
73/e May 18
13'A May.
>!l0
Ltd
•
f per share
293%
*
..j.
Jan.17
f per $hare,
Par
;23
HIGH SALE PRICES
LOW AND
Monday
•
Jan. 15
;
(395)
.RECORD
Saturday
>
CHRONICLE
' *7
1
EXCHANGE
.
^t.per share
28% Dec v28
37% .Jan
Jun.
/Higbwt
Lowest
,
FINANCIAL
STOCK
NJEW YORK STOCK
Range for year ,1048
,1047
Lowest
,
YORK
STOCKS
Range for Previous
&
100
*98%
5%
6%
5%
27
*253/4
27
*98%
5%
5%
•
5%
*25%
6%
6%
14%
700
100
5%
.800
27
*25%
6%
2,400
13,400
5%
27
6%
14%
34%
6%
6%
1,900
U
12
Dec
43% May
.58%
Feb
9%May,
25% May
;
15%
Jan
37%
39
9"% Mar 16
Oct
Dec
91%
115
127% Feb
Mar
11
37% Nov
105
12'
103
Dec
20
106%
Sep
104
Jun
•80
27 •;
Apr /.'
Dec
39% May 26
1
43% Nov
Union „bag
.<
&
Carbon
May
38%
9
98
Jun
7
Preferred
$3.70
series—>_No
4
90
Jan
24
Preferred
$3.50
series—
21% Feb
11
38% July
96% July
o
Union
Oil
10
1
Union
Pacific RR
27
613/4 July
8
4%. non-cum
31% Jan
26
41% Jpn
2
102
25%
Dec
,110
Dec
22% Dec
.Sep
Apr
15%
Dec
75
Dec
-.18% Sep
103% Nov £9
il20% .Apr
24% Nov
28%
»
Jun
.2% Dec
4
V
'■
h
■H
>i
83
30
19»/4 Apr
.41
\.r;
•s
65%
>
:i
•
Dec
.
<11% May
1
<
33
1
Jan
•.
;4%
*60
Feb
Dec
,
I per share
,
.248
Jan
91
14
106
123/4 May
86
May
}171 "Dec
;13% Dec
,71%
37
3% May 15
9
<
,
Dec
j
161/4
Jan
9
35
Vb
;
Dec
-May
46%
•
Dec
23% May
92
10
63
;> ?
68% May 17..; '
Feb
Feb/11.
•24%
11
Dec
19'4 Dec
Jun
113'4 Jun
179 vj.un
;:76
>
4234 Jan
23
4
24%
Oct
11% Sep, 27
73/4 Dec 17
2iy4Jan
Feb
16
53
13
58
22% Dec
Jan
22
86
Dec.,
•37% Dec
Feb
121
■■
July
94
:•
Dec ,21
May
7
rl37% Jan 13
Dec
67% Mar 17
87% Oct
23
150
Mar
129% Mar 16
140 5/a Jun
24
19% Jan
8
Feb
Nov
.23
Feb
Dec
48%
Feb
Jan
8%
Oct
8
Jan
12%
96%
Dec
109%
Dec
10%
Jan
Dec
52
Feb
May
% May
£2
4
20
Dec
8% Dec
Jun
5%
16
.
17% Feb
10
Apr 21
De<j 20•2% Dec" 27
98%;jun
6% Jun
34
Jan
21
16
Feb
13
■■20
Mar 16
:
150
Feb
6
7% Dec
31
15% May 21
29
70
Feb
14% Feb
10
273/4 Oct
18%
Feb
9% Dec
31
213/4 Feb
16
15% May 17
26% May 21
15% May 21
Mar
42
Dec
170
.
May 20
Jan
Feb
12% July 19
19 % Dec 21
94%
Feb
85 V'a Dec
24
94
May 28
94
Jan
86
13
95
Jun
83 %
89%
6,100
50%
50%
1,500
36
35%
36
/
■500
24%
24
24
4,600
24
24%
107%
103%
200
1234
•■12%
13
12%
13y8
19,100
,653/4
*66%
67%
.67%
67 y4
400
22%
22%
22%
22 Vb
1,100
IVb
-.■900
5
100
Machinery" cpm
page
•
51'3% y513A(;
19% :yi9%V:"
/'
11%
,
38%
-*38y2
.
*
613/4 -.62
.
•■.k
-
119
»!;.<;
19
Saturday
-
*96
61%
30%
*20%
H75
52V4.7
4%
88%
100
127%
129%
4lst preferred;
44% >45
*.64%
8 %
■
71%
.
4% %
Inc
;
:
■86 Va
■"
3%
/ Friday
•;
.Jan. 21
;
per
41
share
21%
213/4
'96%
96>/2
*96%
*17
.17%
*17%.; 17%
•
/
"
102%
1023/4
*175% J80
8Ve
.8 Ve
a
.
tit
,:'
per share
«,2134
103%
22%
,
97
97
17 V'a
e,5oo
'
20
200
17%-
1033/4
*175% <180
-Shpres
-
22%
*96Vi
104%
the Week
share
2,400
104
; 21
58 %
,21
8'4
*57
20
*176 y4 180
.8%
800
8%
*8'%
*57
>58
•
30
.59
20%, ;60%
*A34
5
20%
20%
20%
20%
21
21
1,700
'13%
13 VB
13 %
13%
13%
133%
133/8
2,900
73/4
7%
7%
V*7%
734
"7 VB
73A
'
■
*47
56
47%
*54
*47%
56
23
2334
/65%
j
703/4
138%
19%
.88
23
*86%
41
131%
44
V
1,&00
4,300
23 y4
86 V'2
88 Va
42
1313/4
44
133
*44
5,400
770
443%
1,400
'
•
71%
138%
66%,
70%138
67'%
700
71%
71%
71'%
19,900
138%
1383/4
139'%
3,000
19 y2
3,800
66%
193/4
19%
4,2%
*41'%
43/4
*4%
67
43%
9
9
9%
9%
*84
•
33/4
3%
23 VB
41%
132%
1,000
100
48
*
88%
"
58
233/8
4%
87
■
r
47/a
48
41V2
1,700
21
*56
56
19%
9%
*84"
47% .,48
*54
*41%
5
9
4%
•
t
•
42'% »"
■
*43/4 1
131%
*44% :,44'%
67
*651/4
>
\H':' "72%
19%'
41%
•130
44%
139
88 %
41
*
130
65'%
23%
*86%
88%
s41%
•
44%
;
.62%
Sales,for
-
*57
*84
'
3%
*
"5
129
V
9%
.*84
;
Jan. 20
20 y4
*41
9%
Thursday
J
*434
23 y8
5*
V
'••••:>;
.
Jan. 19
5
*86%
"
41%
3%
3%
19%
193%
43
*41%
4 5/8
*9
88
85'%
3%
3%
3'%
*20'%
22%
*21%
30
43
43%
300
9'%
800
100
85'%
4
4,100
'
*20'
17%
193/4
165
*160
8%
7 3A
46%
100.
,*17%.
46
46
1
8
*45%
1
23
17%
5%
165
'
8%
20
20
*160
20
■
17'%
5%
5%
*195%
*160
*20%
17%;
*5
5'
5
19%
22
22 ;
23"
17%
com.—1
preferred
.
"20%
*7'/4
,
41%
,
100
Co
3,300
.
>20%
139
Tobacco com.No.par
Pictures
4,100
12
R3/b
13%
•■;
>43/4
—No par
com
preferred
Universal
■7,700
19%
11%
66%
20
65%
70 Vb
•preferred^i-_=.i.i.-i>NO par
Leaf
/52'A
193/8
*434 '
1383/4 .139,.
193/a •19%
United Wall Paper Inc common—2
47o conv preferred.——•——50
Universal
,51%
19%
J175
.20%
4034
t
>900
39
11%
*8%.
55
40%
52%
40
•1,700
/20%
193/a
102%
233/a
23
*38%
11%
102%
5
*54
>20%
11%
97
,2Q,%
.20%
*
/
,t
•'t
••51.34
.i
203/4
39%
19 y4
17%
175
2,300
<65
*62 Vz
•f
11%
*16%
;■.
32,600
57/e:
19%
;21%
*96
,
2%
43 S/8
*5V2
19'4 ••«■:
>21%
V
,
-64
) 1 per
8%
*86%
preferred—
25
Stockyards ^orp—————1
Stores $4.20 nOn-c 2d pfd„5
conv
.,62
2%
43 y8
2%
■5%
•170
7}600
12
j-;'
55
*53
non-cum
$6
/; 61;
,500
7,43 3/4
V39
•Wednesday
180
8%
.«
—10
Co <Gommon
Tobacco Co
24.
Feb
29 % Jan
6
4
*22
2234
*10 V2
11
10%
10
*22 y2
23%
231/4
Vertientes-Camaguey Sugar CO—6%
12V2
12%
22
22
2.50
Vanadium
Corp of America—No par
Van
Norman
Van
Raalte
Co
Co
Vick
Chemical
Vicks
Shreve
5%
&
non-cum
:
Inc
Co__
Pacific
•
7,,'500
3
A33/4
43%
203/a
695/a
.2%
,.
4334
•63%
37V2
29%
.
3
2%
39'
37%
i
30
•*5'%
•■
21
•39
*7
3734
if
.43%
.
RA{jE PRICES
L
102
U S Steel Corp common.—No par
7%
preferred
L_'_—
n
.100
7%
V'a
5%
L
17%
101
'
Smelting Ref & Min com—5o
1% preferred—,
——__50
U S
2
43
Jan.18
-
:•••" 97
*16%,.
U S
j
.2%
>5%
sApershtire
.203/4
43%
•44%
>42%
•»■
L
•'•:' 2%
;
65
Tuesday
,
--.Monday.
Jan. J7
30
3
■^63%
*54
common—
non-cum
*107%
7 Va
37%
■30%
:/38%
*47
8%
107%
7
i.381/8
*4334
■ )65
11%
11%
•
38
.2%
2%
5.1%
rv
>i9.y4
113/4
11%!"
56
Rubber
7
r30%
•42%,
5%
■383/4
.
47%
Co-
22
7
<44. v2
*63: ■<
.60%
•
-20%. .=20%
.
38%
clAss/A-——Nd par
conv?
21
2%
2%
-4634
r'j
4,500
89 3/s
50 3/4
165
73/4
*45-1%
46%
7%
173%
*5
*19%
*162
7%
173%
5%
20%
166
8%
46
46
46
*17
•
5
*20
*163
22'%600
17'%
600
5
20'%
200
167
10
"73/4
8%
4,900
*45%
46%
50
'
16
39'
see
i
30
29%
"'■
88%
*35%
*107 ,/ 108
38% 2'
42%
73/4
May 22
20%
footnotes
.
38 3%
Universal-Cyclops Steel Gorp——1
22
Nov
20 Vb.-,?
v
■
Universal Laboratories Inc——1
Feb
Nov
V
131
•*5%
'
par
8
91%
For
-Ll!—^N0
11
Dec
85%
Co_u:_L
17
56%
84
/ 20V»
*63%
,
;
23/8 <■;
.42%
•6%
65 /;
13%
S
2934
"30
50%
•
,
LOW AND HIGH
Jun
17
Feb
Dec
65 % t
V
-
*5%
.
Jan. 15
10 3/s Jun
Feb
29%
May
*63y»
•
.
A
23 % Jun
19
Dec
12 %
42%
-
'
..
13%
26%
24
89
•653/4
;■».
*44
#71/4
9
15
21
4
5%
2'A
23/8
"42%
*5 y4
•44%
',•.44%
•
123/4
United
Dec
'
2»/4
423%
,
*••'.
-
pref€UTed_4_L--——
Lines
S
12% May 26
28
44%
4 % %"
United
Dec
13% May
14% Dec
35
60
96
89
•12%
-2%
•
—1
>
42% May 20
■6% May 21
163%
192
35
7%
*30%
.Lv,
-3
1934
U
T
22
Feb
Dec
,12
85%
Feb
11%
23%
58%.Jun
*
.37
Nov
5
,4% ,Mar 16
Feb
x33%
89
61
38
\
•62."- ;;
2%'
Playing Card Co—__,—
-10
U S Plywood Corp common.'—1—I
334% pfd series A—;
L-—100
49% May 15
"80
37%,Nov 30
■.63% Pec.. 1
■
38 Vs
*30
U S
373/a May 21
6
10
81
5
29%
29%
50%
*94
-■
65 y2 •>■
7'%
prefer red
L——T10
U -S Pipe &• Foundry——20
9
51% July
38
86
.123/8
>21
19%.
U
•
% July 13
•
;
7
v36Vb
•
2
>preferred_,_*_?!!£,-!--f--,--L-100
Partic &
1
30 Va
89
873/?
108
12
STOCKS!/
Hoffman
S<
26,700
*88 Vb
24
65 %.
20 %>
7
222222
U <S Industrial Chemicals—No par
U S Leather Co common.^
No par
'
93/4 May 20
Jan
36% ;'
32:
*30
*43
Gypsum Co common.—__—20
,7 %
85/a Jan:." 7
Dec
173/4
S
U
2
49
-=•
S Freight
k "V4% %
3,100
403/4
noy4
*94
50%
,
303/e
40%
110 %
89
353%
103
12%
65%
20%
..
Lf pereihare
5
V 39%
j
•
U
I 9
;36 V Jan
Feb
7
;f'iri":/421%
2
.Jun
9
j46% .Oct
/
.Improvement
U
.17% May,.14
22
61% May
x
29%
233/4
108%
11%
65%
11%
66
U<S '& Foreign Securities,—;No par;
n. $4.50. 1st
preferred——!_No par
9
67
.Dec
,-29%
29%,;
/
*107
108'%
F
Par
May. 15
18
Apr
Coi—__
NEW YORK-STOCK
9
38% May
133
.
21
EXCHANGE
4 % Dec
•165
233/4
*6%
7^:^preferrtd___*_—-_'-*__L__lG0
'/
101
20
.54"% Dec 31
60% Feb
Dec
231/a
*20V2
.10
Corp
preference : i_„!_!—;—.—5
Dyewdod Corp common
1
Highest
32% May 15
166% Nov L 5
103% July
127%
23%
■
17% Dec
Dec
*34%
2 29%
•
30%
4034
111%
40%
*110
•
Carton
t per share
$ per share
8
1»48
year
,800
'
United Merch & Mfrs Inc.———LL1."
21% May 26
Oct
39
Carbon
"United 'Gas
21
Range for
Lowest
92% Feb
Feb
40% Dec
343%.
11%
United ^Engineering/& 'Foundry
5 :
Uni'ted Frdit, • Co—"J.--L—*-!LNo par i
Nov
73
3.4%
*64
United Electric Coal^oS—A*__.—5
39%
;10
34%
*107
United
Apr 22
9%
•
100
common—10
46% Jun -11 -J
15 %
Oct:
(Feb
■63%
<
Inc
28% JUn' ^3
'
Jan
50%
23 y4
5
United Corp common!'^--—____—1
May. 27
62 y2
89
"33%. Jan
53/b May '•
253/8
87%'
50%
36 y4
•
.
.16% Beb C27
J 9 6% Mar
,94
•;
?t
i-107% Feb.
Dec
Feb
Board &
•••.'
1
.
*--*
Jan
20%
-
87 v
50%
:>•.• *2%
47% May 20
#0
#6
£1
11% Dec
,2$ per-share
Dec
86% •*/ ■;
50%
__:No par
183/4 Dec 28
15% May ; j • 63% :Oct
.
Lines
Air
"i
•"',.
: V-'Year 1947
•• •
/•/,/Loweat^y
Highest
86
51
34%
36
163% Feb -13
.37% Jan -ill
59% July
Range.for Previona
Corp common
convertible preferred-
United
,.l9y4 Feb
24'/4
29%
86%
51
United-Carr Fastener. Corp__rNo par
-Jdly T
5% July 15 V Unite1' Cig-Whelan Stores i com—30c
65 - Jan..;5
•$3;50 convertible preferred*'-—lOo
5
>700
.
>
13
Feb
2,200
12»/4
96
-
29%
29 y2
86
_^No par
38 % Dec
*
;2% Nov 30
x39 y2 Dec
Jan
20; Dec
12% May
44%
<>'
*88
L
93/4
45 y2
12%
30%
f
40%
111%
*94
4%%
•
'
1
40
*110
89
United
,;2% Fe b .11
kar
-;Jan
43%
30 V4
29%
40 %
noy2
96
2
•41*. ; Dec
•I 19% 6ct
May,
29%
40%
*109%
y
*88'/b
15% Jan
-4 '/a Jan
1 95
29%
:
40%
110 y2
*94
23% Oct 25'
.29
10% Feb
Dec
40 ■%
2-110%
■
89
31
Jan .22
.6% Dec
!
Jan
53%
t
5% Dec.
29%
29%
30
41
110 y2
yo
25
9%
45%
"
*88
—50
9%
123/a
*12%
*94
Aircraft
United
2
90% Mar 22
-
4
%
Dec
121/4
45%
45%
1214
12%
96
com__
9%
45%
89
preferred———50
L
9%
45
*88
*27% Feb ;2Q
8%-Feb
50
24
Nov
.19 i
•63% /NOV
3% Dec
> ■
<5%
.3
;
*94
preferred __i_
100
United Biscuit Co_L__L—!__jNo par
'
Dec
-;26% Jan
■f
,i
.35
1103/4 Jun
United
*12%
9%
-
'
9% Nov
•57%
:
<28%
••
30% May 19
1
Co
121/8
9%
46
par
California——
cf
45%
12%
No par
Union T$nk Car
Feb
*109 y2
9%
45 %
*9V2
/
12%
407/b
No par
Feb
;■
/Ly;1
16% May
Nd pax
Un El Co of Mo pfd $4.50 ser
93/4
45
9%
44%
29%
Paper—___!—_No par
■
Union Carbide' &
Jun
8
*9%
44%
s% "ll3/4
5
Co
110
•45% Sep
30
Rubber
28
•793/4 Nov
■
1
_No par .1
Corp
Asbestos
Nov
91
Dec
85
Oct
Jun
(The)
—2.50
Ry
preferred-
com.
*20 3'4
21
f
10%
22
*10%
22
22%
22%
22 3/4
22%
*221/4
23
11
-10%
10%
11
11%
*11
H'%
*223/4
23'%
*223/4
23%
*23
23'%
400
12%
12'%
12%
12%
1234
12%
5,800
20%
21'%
21%
21%
*21'/4
22
1,400
23
23
12'%
■
23'%
12'%
12%
12%
20 3%
21
21%
21'%
•
100
*85%
88
*85%
88
*85%
88
*85%
88
*85%
88
*86
88
100
*86'%
89
*86'%
89
*86'%
89
*86'%
89
*86%
89
*86%
89
700
800
j
COMMERCIAL
THE
Lowest
50%
5Va May
Nov
16%
f per share
1
48 Ma Jun
29
96% Apr
Feb
23
124% July 12
18% May 15
11
29
93
Oct
117 Ma Jun
23
38 Ma May 11
Jun
2
'
.
'3Mi %
,
Saturday
Jan. 17
pfd
8%
Ry Co common
preferred
Visking Corp (The)
Vulcan Detinning Co common
_25
25
5
20
20
Virginian
Dec
45
Feb
28 Mi Dec
22
Dec
40
Jan
29% Nov
5
31
Oct
38
Feb
24% Dec
14
May 3
39 Mi Apr 26
30
Dec
33 Ma
Nov
25 Ma Dec
21
32 Ma Jan
30
Aug
33 Ma
Oct
29
Apr
15
32% Jan
13
57
Apr
75 Ma
Feb
57% Aug
16
66
Jan
2
Wabash
13 Ma
Apr
17%
Jan
12 Ml Dec
21
15 Ma Jan
8
Waldorf System
29%
Apr
36%
Feb
28
Dec
31
35% Jun
4
Walgreen
6%
7%
preferred
9Ma
105/B
10
107
15%
16
15%
'>31 Ma
31%
26%
*26Mi
*30%
116
*115 Ma
193/4
19 Ma
32 Mi
3 IMa
32Mb
31%
27
27
27
20
:840
300
2,100
Ma
32 Mi
31%
31%
32 V'4
32
32 Mt
27
27
27.,
*3 J
i,.'
900
*30%
*26
27 Mt
*23
27 Ml
31
*30 Mb
31
*30 Ma
31
80
59 Mb
59%
60
GO
*60%
61
400
13
13
13
12%
12%
600
*26 Mi
31
*59
27 Mi
30%
27'Mt
*20 Mi
200
20
27
31%
27
116
32 Ml
31%
32 Ma
15,600
16Mb
116
21
*20
*31 Ma
16
116 Mi
116
Mi
20
20
3,300
118
115
16
1,600
19,500
11 Mi
10%
114
15%
».'•
37 Ma
93
*91
'
10%
114
16
15%
93
10 Ma
117
114
16
116 Mi
115
115
19Ma
32 Mi
32Mt
26%
27%
31
115
19 Mi
10 Ma
11
1143/4
113
10%
37 Ma
37 Ma
37 Ma
*91
Shares
$ per share
I per share
37 Ma
93
for
the Week
Jan.21
Jan.20
I per share
*91
92 Ma
Sales
Friday
Thursday
Jan.19
37 Ma
37 Ma
37 Ma
*91
92 Ma
104Ma
9Ma
.
37 Ma
**91
92Ma
*102Ma 105%
16
16
*115
115Ma'
19Mt
19Mi
31%
31%
31%
31%
*26%
26%
*26Mi
27Ma
*30%
31 Ma
25
34 Mi
5
<-91
100
10
100
preferred
Va Iron Coal & Coke 4%
31 Mi
34 Ma
37
37 Ma
,
f per share
$ per share
37 Ma
_—100
preferred
Jan.18
$ per thare
Par
;
6%
div partic preferred
Virginia Elec & Pwr Co com
$5
PRICES
Wednesday
Tuesday
Monday
Jan. 15
Va-Carolina Chemical com—No par
14
6
27
109
Feb
121
Dec
Jan
15 Vt Dec
107 Ma
r
'
:
Victor Chemical Works common—5
24
14% July 13
7 Ma Mar 18
14% Nov
Nov
112
May
14
Oct
85
1047/8 May
10% Nov
Dec
69
32 Ma Dec
Nov
STOCK
YORK
EXCHANGE
Highest
I per share
t per share
35Ma May
NEW
Range for year 1948
Lowest
Highest
9 perthare
85
-1
'
<•
Year 1947
LOW AND HIGH SALE
STOCKS
.
Range for Previous
Monday, January 24, 1949
CHRONICLE
FINANCIAL
&
59 Ma
W
24%
xl7Ma May
8% Feb
Feb
19%
10% Dec
88 Mi
Feb
Walker
Walworth
16% July 13
11
Ward
101
Jun
21
May
."
20 Mi Jan
5
12% Dec
30
29
5
2 3 Ma
23 Ma
100
22 Mb
4,700
700
243/4
243/4
243/i
13 Ma
13 Mb
12%
13
13 Mb
13 Mb
13%
13%
13 MB
13 Ma
13 Mi
3,600
l3/a
17
1%
IMa
IMa
1%
IMa
IMa
1M2
1%
12,300
5
1
l3/8
*l6Ma
*14 Mi
*16%
17 Ma
17
17
*16%
17%
*165/b
17%
*16%
17%
15
15 Ma
15 Ma
*15
15%
15 Mi
15 Ma
15 Mi
15 Mi
800
5
4
4Mb
4 Mi
1,500
24%
24 Va
243/4
4,000
Rights
29
104 Ma Mar 16
Sep
Knitting Mills
Co
7
Wayne
2
■;
Wayne Pump
Junv
114
$4
Dec
117 Ma Mar
112%
Nov,
121 Ma
103%
Dec
112%
Jan
103% Mar 29
106 Ma
Dec
116 Mi
Aug
105 Mi Nov
3
113
Jun
9
100% Oct
25
107
Jun
18
111 Ma Oct
conv
Class
119% Jun 22
15
6%
24%
243/8
24%
24M8
23 %
24
83 Ma
83 Ma
83 Ma
83%
83
83%
83%
33 3/4
83%
84
223/4
22 Ma
223/4
223/4
22M4
22 Ma
22%
223/4
23
22%
23 Mb
5,000
No par
15 Ms
15 Ms
14%
15 Ma
15
15 Mi
15 Mb
15 Ms
15 Ma
15%
15%
15%.
6,000
com
No par
*109 Ma
111 Ma
*109 Ma
110 Ma
109 Ma
109 Ma
llOMa
llOMa
*109 Ma
110 Ma
*109 Ma
110 Ma
100
100
115 Ma
*109
*109M2
*105
*16%
*403/8
*107
115 Ma
110 Mi
1103/4
103
16%
xl 143/4
115
II43/4
115
114 Ma
115
II434
1143/4
114%
114%
xl08
108
109
109
108
108
*108
108 Ma
108 Ma
109 Mi
pfd
24%
100
100
4%%
Power
preferred
5
223/4 Oct
20
West
Oct
16 Mi Apr
38% Feb
20
47
14
51% Jun
15
West Va Pulp & Paper com__No par
413
Jan
100% Feb
25
110Ma Jun
It
17
42%
Dec
Dec
May
5
Air
Western
Auto
90
Western
Western
Dec
22% Mar 12
July 9
38% July 12
Feb
25% Nov
10
36Ma May 21
58 Mi Dec
16
74 Ma July
I
Sep
15
Dec
28
26
38%
Oct
29 Ma Nov
24
39% Jun
14
22 Ma May
31
Dec
23 Ma Dec
21
33 Mi Jun
9
88
Dec
105 "
Aug
85 Ma Feb
Dec
1063A July
91 Ma Feb
953/4 Apr 23
11
11
94M2
11
Nov
62M2 Mar
76
Dec
25
Jan
55
30
Dec
80;
»■: Jan
40 3/4 Jun
5
31
May
Oct
37
101% Mar
83
Mar 18
26 M2 May
Feb
23
Feb
53 Ma
34
Feb
Feb
90
Feb. *
29 Mi May
,34
9M2 May
.
Dec
27
9% Feb
29%
17%
July
19 Ma May
84
20
27
13%
*
x53
2
27 Mi Feb
Feb
Aug
26
July 21
115
Mar 16
Dec
9
57% Oct
22
3.80%
Weston
pfd series B
$5
conv
243/4 May 26
White
$4
July 30
1
preference.
11
19% Jun 21
Wilcox
6% Mar 17
Feb
12 Ma
Dec
6% May
13%
Feb
643/4
Oct
51
Mar
9
17
Oct
10 Ma Nov
30
■
.
88 Ma
Dec
99
Jan
69
Dec
16
12
May 27
65% May 15
173/b May 17
88 Mi Jan 21
16
Jun
20
NCV
123/4 Dec
16
19
Jan
8
WilsonlJones
Co
Jun
10
Wisconsin El
Pwr
Jan
13
37M4 Oct
22
5IMa
Sep
10% May
15 Mb
Dec
31 Mi
Dec
■
16
18
145 Ma May
125
Dec
3
X138
Dec
28
Feb
5
147/a Dec
Nov
..'19
Oct
135
35
May
53
41% Nov 29
31
25% May 15
58 Ma Dec
Feb
49% Jun
13% Dec
43
*29%
10%
Willys-Overland Motors com
1
$4.50 conv pfd series A
No par
'■09.:
5 Ma May
Co
14
2
$4.25 preferred
Woolworth
(F
6 3.4
29 Ma
65
Dec
94 Ma
83
Dec
100
53
Dec
80
Nov
*».8
May
23
343/4 Jan
Yale
27
16 Ma May 24
21
48
Van
60 Ma Mar
70 Mb Mar
183/8
Feb
8
45
Jan
22
loys May
163/4
Feb
373/4
50 Ma Mar
29
5
19
Mar
9
Dec
May 17
963/4 July 28
69
July 15
1,900
12%
2,900
30%
*28M4
30%
*283/4
29%
29
29
29
29
65
*63 V'4
65
64Mb
64%
65
65
15%
15%
15 MB
15%
400
200
3.500
15 Mi
15 M4
15 Ma
33M4
333/8
33%
33 Mi
33 Ma
32%
25 Mi
24%
25
Mi
24%
25 Ma
24%
25 Ma
20,800
94 Ma
94 Ma
95
953/8
95%
95 Va
94 Ma
94 Ma
260
*99 3/4
100 Va
100 mi
100 %
1003/4
1003/4
101
25%
25 3/4
*25%
26%
*25 Ma
26%
*26
*100
44
108
-
*100
45 3/4
Va
96
*95
108
45
45
Ma
45
*85 Mi
86
24 V'4
*24 Mb
24 Ma
>24
2 4 Ma
600
15%
15%
16 Mi
16
16 Mi
6,900
20 Ma
203/4
203/4
21%
7,500
53%
53
54
54 %
30
29%
29%
100
10%
10 3/a
10%
-1,400
14 Ma
14%
193/a
20
X20
20 Mb
*53 Ms
54
*52 3/4
533/4
*52 Ma
53%
30
*29
30
103/a
*10 Ml
10 Ma
*29
30
10 Mb
lO'/i
10 MB
*13
*60
6,500
*77 Ma
79%
11 Ma
11%
11%
78 Ma
*77 Ma
73
13 Va
*13
13 Ma
13 Mb
13 Mb
200
153,4
15%
15%
12,200
*13
15 Ma
15%
15 V'4
15 Mi
*130 Mi
133
'130
*130 Mi
132
3.3%
33 MB
47 Mb
47%
47%
77
70%
70%
9%
9
9 Mi
14%
14 Ma
14 Ma
14%
14%
60%
62
62
63
63
120
69 Mi
68%
68%
68%
68%
160
74
74
74%
71
71
*9
23 Mi
2 3 Ma
,
75
72
x72
1,800
143/a
•93/a
75%
77
1,400
11,200
60 Ma
68
67
290
33%
47%
47%
*68%
14%
*60 Ma
67 Ma
200
132
*33
33 Ma
403/4
71 Ma
*22 Ma
1,200
11%
33 Mi
14%
9%
7%
56 Ma
11%
78 Ma
131
130
79
*9|/a
7 Mi
*55 Ma
12 Mb
13%
15 Mb
6 IMa
67
7,800
7%
47Ma
Ma
14
68
50
11 %
33 Ma
*60 Ma
61%
*66%
56
56
40
86
>56 Ma
7%
7 Ma
7%
56
47
46
143/s
10 Mi
34
*333/8
46 Ma
*29
4185 Mi
79
11%
130
16
20 Ma-
20
7 %
*77
130
153/a
56 Mb
12
34
24 Ms
7 %
56
77 Ma
130
88
56 Mb
7 3/8
7 Mb
11 Ma
Ma
45 M4
86
24 Mb
*29 Mi
3,400
45M4
85 Mi
24
*
24%
,
Mi
45 Ma
45
45%
87
*24
*85 Mi
100
103
*101
108
400
26 Ma
*26
26 %
5.300
33
102
*101
101
*101
108
*100
*85
56
14%
V
14 Ma
•
;
77 Ma
■
37
12%
*29
15 mI
113/4
*70 i
37
12%
31
24%
80
*77
1.600
33%
13 Ma
llMs Jun 21
58
Nov
4
40
6
15 Mi
15 Mb
37 T
Feb
62
X62
81 Ma Feb
94
1,600
25
15
10% Feb
Apr
Feb
75
4 IMa
110
33 Ma
75
46
1.400
15 Mb
13 Ma
10
180
173/4
24%
15 Mb
No par
Prior pfd 4M2 %
series
100
Prior pfd 4Ma% conv series
100
Wright Aeronautical
No par
Wrigley (Wm) Jr (Del)
Nopar
Wyandotte Worsted Co
5
160
33 Mi
13 Ma
common
820
-
1113/i
29
29
40
r
108
30 Ma
*28
*63 Va
Worthington Pump &
Machinery
410
G
37%
12 Mi
*28 Mi
7 Mi
126
37M4
12 Mi
4
4 IMa
6%
37%
30 Ma
56
*33 M4
6 Ma
12
15 Mb
10
Co
63/b
37 Ma
>12 Ma
100
W)
6 Mi
12%
10
Co
Iron
6 mi
17 3
*108 Ma
109
*108
38
10
com
107 Mb
11 3/8
5
No par
Co
preferred
6%
Woodward
7 Mi
56
No par
Wilson & Co Inc common
403/4
107 Mb
*106 Ma
17%
413/a
41
41
40 Ma
107%
12
*63 Mi
14:,/4
19%
54
30
103/s
19 Ma
*53%
i6m4
16%
17
16mb
3 7 mi
*28 M»
26
*14Ma
1
No par
20
5
com
preference
Oil
20
Co
Machine
Sewing
conv
Prior
1
No par
No par
103
17 Ms
111 Ma
112%
*106 Ma
12 Ma
*28
*100
103
*44 Ma
45%
86
87
*24
25
.>
100
SS)
Mfg
Motor
White
22% July
*253/8
*112
37%
65
15%
33%
333/8
24%
25
*94 Mi
94Ma
*99% 100Mt
12.50
pref
(The
prior
Dental
'
No par
12 Ma
100
..100
Instrument
Elec
White
31 Ma Nov
com
Wheeling & Lake Erie Ry
Wheeling Steel Corp com
7
8
Brake
Air
112
107 Ma
11%
28 Ma
28 Ma
*63 Mi
*15Mr
*111
*106
37 Ma
1-1%
30Ma
*28
100
„
111%
40 mi
6
6Ms
37Ma
'
*107 Ma
40
107%
6
Ma
106 Ma
*105
16%
16%
39%
107 Mb
*6
No par
com
106 Ma
403/4
24 Ma
iiom4
110 Ma
109 Ma
*105
107%
37Ma
11%
_—10
100
100
A
Westinghouse Electric
3Ma% pfd series A
5
126
Co
Western Union Teleg class A_No par
Jan
92
RR
series
Westinghouse
273/4 Jan
•
Pacific
Preferred
101 Ma Jun
29
90
May 19
Supply
Maryland Ry com
non-cum 2nd pfd
4%
9
27 Mi May
263/4
1
Inc
Lines
Western
16 Mi
Mar
32%
93/4 May
100
preferred
10 Ma May 18
46M4 May 20
20
Ma
100
22%
Dec
27
24
4
4
83%','.83%
32% May
7% Mar 17
4
3%
4
*3%
Elec Co
Penn
4% %
IMa
No par
1
com—2.50
A
4.20%
4
3%
3%
.
13 Ma
IMa
*23'
23 Ma
*22 Ma
23 Ma
Corp
series B
.Virginia Coal & Coke
West
14 Ma
14%
*22 Va
23 Ma
*22 Ma
Sugar
preferred
preferred
preferred
7%
20
Inc
Tobacco
Oil & Snowdrift
Wesson
4
105
65
11,600
24%
Penn
26 Ma
90
10 Mb
10
21%
West
13
5% Nov
9%
9%
2,700
93 Mi
*92 Ma
24%
Indies
34 Mi Dec
9%
10 Mi
23%
West
3
Jan
93%
10 Ms
21%
26% May 21
193/4 July
1
10
Dec
*92 34
10 Mb
21%
l3/4 Dec
27
Jan
14 Mb
93M4
*24-Ma
Webster
9%
14%
*92%
103/a
2 1Mb
6% May 24
34% Aug
5
86 Ma Jan
2
75%
14 Mb
93 Ma
10
24%
31
10 Ma
14 Mb
923/4
21
3% Dec
May
14 Mb
24 Ma
Jan
4
14%
93 Mi
21M4
12%
53/4 May
14 Ma
*92 Ma
10
15 Mi
15
15
14%
93 Mi
30
24 Ma
Dec
38M2 May
2,900
21 mi
22
105
9 Mi
9
24 Ma
30% Jan
xll3Mt Apr
9 Mb
23%
9%
213/8
31
Jan
9 Mb
2 3 Ma
9
243A
29
13 Ma Feb
9 Mb
2 1Mb
Dec
Sep
3.000
*24 Ma
16% Dec
Nov
23%
21%
13
19 Ma Mar
23%
23%
23Ma
Feb
26
104
2im4
Feb
X80
*29%
*102%
*22M2
26%
Feb
.29%
102 3/^
*14%
*92 Mi
,93/4
No par
3
Washington Gas Light Co—No par
Waukesha Motor Co
5
41
Jan
293/a
1023/4
233/8
233/8
9 Mb
200
•29 Mi
1023/4
*29
1023/4
Corp
Sep
34%
Pictures
23 mi
9 Ma
9 Ma
9 Ma
29 Mi
103 Ma
23%
23
233/8
*9
100
preferred
Dec
90
*23Mi
1
Baking Co common
20
83% May
21% May
No par
No par
Co
30
5 Ma
*103Ma 105
29 mi
103 Ma
Petroleum
Jan
Feb
100
30
105
*29
*103 Ma
30
Foundry & Pipe
32
10
Jan
30
*12%
13
Warren
10
23%
*29
123/4
Warren
Nov
27
Dec
17% May
12%
2
May 22
1% Dec
19%
.
59
12%
343/4 May 14
27 Mb Aug
3
203/4 May 28
14
22
58%
13
Bros
3
36% Nov
59Ma
*12%
Warner
9 Mi Nov
Feb
common
(Hiram) G & W
5 Ma %
2
*583/4
preferred
13 Ma May 24
xia% Nov
18%
Dec
12
4%
Aug 26
100
No par
No par
preferred
4Ma%
Co
27% May 21
10% Mar 12
x83Ma Mar 12
106 Ma Mar
Dec
105
29
xl8% Mar 17
Jan
13 Ma
77/a May
,
100 Mi Apr
July
109
Dec
100
RR
76
70
*69 Va
71
9 Mi
9
23 Mi
9 3/8
74
24
Ma
80
71
*72
600
9Mi
9 Mi
800
*23 Mb
Mi
23%
1,200
•
Y
14 Ma May
23%
Oct
153/4 Feb
21
24
Oct
23
533/4 May
83
Oct
65Ma Feb
27
893/a Oct
28
Youngstown Sheet & Tube—No par
15
Aug
Dec
May
14Ma May
5%
Jun
*Bid
sales,
and
31%
asked
2
May 25
29
xl9% May 27
19% Feb
11
3Ma Dec
29
S3
July 12
6% May 19
13% Dec
Feb
25
July
1U% Jan.
wd When
Dec
-
prices;
sales on this day.
x-Ex-dividend.
no
distributed.
tin
York
&
Towne
Corp
4 Ma %
Mfg Co
common
preferred
Youngstown Steel Door
Zenith
Radio
Zonite
leceivership.
II Ex
$40
liquidating
,.
.
4
23 Ma
11 Ma
11 Ma
11 Ma
11%
113,4
11%
11%
39%
39 V2
39 Ma
39
Ma
39 Ma
*39%
40 Ma
*39%
18%
19
19%
19 Mb
*19 Vu
193/o
*19
20
19
19
69Vi
71 Mi
70 Ma
71 Ma
70 Ma
71
71
71 Mi
70 Ma
71 Ma
7,900
14%
*14 Mi
14%
14
14 Mb
14
14%
14 Mb
14 Mb
14 Mb
14 %
2,300
30
30
30%
29%
30 Mi
30
30 Ma
29%
30 Ma
2,400
4
4
4Mb
4Mb
4
19 Ma
693/4
*29 Mi
23 Mi
11%
70 Mi
*19
Nopar
1
Corp
*11%
*39
22%
22 Ma
11%
40
*14:
___No pai
Corp
Products
23 Mi
*11 Ma
*39
25
1
50
Young (L A) Spring & Wire.No Par
33 Ma
,
V
'
29 =
30
4
4Mb
4
11%
4
.4
800
40
200
600
Mi
1.900
4 Ms
_
dividend
paid May
10.
a
Deferred delivery.
cName changed from The Superheater Co.
r Cash sale,
Special
s
*
.
Transactions at the New York Stock Exchange
Transactions at the New York Curb Exchange
Daily, Weekly and Yearly
Daily, Weekly and Yearly
Stocks,
Number
Foreign
Week Ended Jan. 21, 1949
Bank
Bonds
0/ and Miscel,
Shares
Bonde
Stocks
United States
Int'l
Railroad
Bonds
<
Total
Government
Bond
(Number
Bonds
Sales
of
268,020
Tuesday
Wednesday
Thursday
Friday
766,017
718,660
754,800
817,680
769,930
__
~
Total
4,095,107
$17,190,600
$752,000
$68,000
$684,000
2,870,000
2,873,000
3,402,000
3,987,600
3,374,000
299,000
$"lT,6oo
3,180,000
568,000
1,000
3,442,000
318,000
294,800
55,000
$5,000
4,342,400
284,000
39,000
5,000
3,702,000
$1,831,800
$111,000
Week Ended Jan. 21
1949
Stocks—No. of shares
4,095,107
3,725,000
5,000
.1948
$10,000
$19,143,400
Sfltnrdfly
•„
13,250,999
1948
15,345,086
.
.1
1
Monday
.
Tuesday
Wednesday
Thursday
-
v
or eign
Total
$49,000
15,000
$73,000
135,000
203,000
109,000
244,000
210,715
„
Total
—
-
130,000
113,000
14,000
257,000
183,040
Friday
225,000
63,000
4,000
292,000
214,851
207,000
36,000
6,000
249,000
1,097,071
$853,000
$394,000
$47,000
$1,294,000
Week Ended Jan. 21
j
1949
Stocks-i-No.
Bonds
Value)
Corporate
$8,000
$41,000
115,000
97,345
187,280
203,840
Jan. 1 to Jan. 21
1949
5,147,850
Foreign
Shares)
Week Ended Jan. 21,1949
Saturday—
Monday
Bonds (Par
Government
Domestic
of shares
1948
,
'
Jan. 1 to Jan. 21
1949
1948
1,097,071
1,042,774
3,300,176
,0 3,479,129
$853,000
$1,260,000
$2,272,000
$4,127,000
394,000
47,000
335,000
860,000
603.000
43,000
108,000
1/0,000
$1,294,000
$1;638,000
$3,240,000
$4,800,000
Bonds
U. S. Government
$10,000
$5,000
$62,000
$169,000
International Bank
111,000
348.000
141,000
1,605,000
1,831,800
2,117,200
4,583,400
5,350,400
17,190,600
21,492,000
44,166,600
79,999.300
$19,143,400
$23,962,200
$48,953,000
$87,123,700
Foreign
Railroad & Industrial
Total
_
Domestic
Foreign government
Foreign corporate-,
Total
Volume
169
Number 4771
-
the
commercial
Bond Record
"and interest"—except lor Income and delaulted
outside of the regular weekly range are shown In a
are
week, and when
The
italic letters in
the
column
headed
"Interest Period'*'
Cash
footnote
in
WEEKLY
-
bonds.
indicate
in
each
and
delivery sales are disregarded in the week's range, unless they are the only transactions of
the week in which they occur.
No account is taken of such sales in computing the range for the
year.
case
the
month
when
GOVERNMENT BONDS
Year 1947
Range for
Highest
1948
year
Lowest
NEW
Highest
Sep
106.4
Dec
108.21
Feb
105.1
Sep
20
105.28 Mar lo
111.23
Sep
112.6
Feb
107.4
Sep
17
108.28 May
Feb
108.16
114.8
114.8
104.12
Feb
Dec
May
104.12
Feb
101.18 Dec
104.24 July
104.14 Sep
104.24 July
104.23 Feb
Dec
2
102.23 Sep
—
101.27
17
106.13 July
May
101.7
30
102.22 Feb
102.23 Sep
Sep
20
14
.
2
30
101.11 Jan
101.19 Jun
101.19 Jun
104.18
Apr
100.24 Mar 13
100.25 Jan
101.26
Dec
104.4
Jan
100.23 Jan
100.26 Apr
101.24
Dec
104.10 May
100.23 Sep
101.24
Dec
104.15
100.16 Sep
100.7
Oct
Apr
101
Deo
103.20
Apr
105.17
Jun
105.17
Jun
100.7
Dec
101.7
103.19
Deo
17
100.24 Sep
10
101.12 Jun
Sep
13
100.27
102.26 May 25
100.7 Oct
4
Apr
105.18
28
102.26
102.0
Sep
102.24 May
101.14 Sep 10
100
Mar
4
100
Dec
102.24 May
100
Mar
Apr
102.12
101.12
Dec
102.6
102.4
102.13
July 13
100.4
May
100.2
Feb
3
11
Oct~26
100.21
Oct~26
101.13
Mar~22
Apr
May
July
10
100.31 SeplO
100.21
102.12
2
1
May 21
May 25
100.23 Jun
102.23
Apr
101.20
Deo
102.25
Apr
102.30
Apr
103.1
Apr
101.22
Dec
103.2
Jan
101.28 July
103.4
July
100.26
101.B
Apr
Oct
Dec~23
101.7
100.31 Sep
100.30
27
Sgp 27
100.7
Oct
~
4
101.26 May 18
101.18 July 13
101.19 July 13
100.16 Apr
YORK
14
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Deo
102
July
94.10 Jan
Dec
103.4
July
94.14 Jan
asked
price.
No
"Bid
and
bonds
the
or
mature.
82d of
more
point.
a
...
sales
15
15
99.30
transacted
day.
Exchange
Period
Sale. Price
Sales for
the Week
High
102.3
*102
102.3
*102
102.3
*101.31
102.2
*101.31
102.2
*101.31
*104.28
104.31
*104.28
104.31
*104.28
104.31
*104.28
104.31
*104.28
104,31
108.17
*108.15
108.18
*108.15
108.18
*108.15
108.18
*108.16
2%s
108.19
*108.16
Bends(S>
102.2
104.31
108.19
103.30
<
1951-1954
*103.27
103.30
*103.27
103.30
*103.27
103.30
*103.27
103.30
*103.27
103.30
*103.27
2%s
1956-1959
*109.5
109.8
*109.6
109.9
*109.7
109.10
*109.7
109.10
*109.8
109.11
2%s
*109.8
1958-1963
*109.9;
109.12
*109.11
109.14
*109.11
109.14
*109.13
109.16
*109.15
109.18
*109.16
109.18
2%s
1960-1965
*109.28
109.31" *109.29
110
*109.31
110.2
*109.31
110.2
*110.1
110.4
*110.2
110.5
2yas
1949-1953
*101.14
101.16
101.16
*101.14
101.16
*101.13
101.15
*101.13
101.15
*101.13 101.15
2%s
*102.14
*
*101.14
109-.11
1950-19-2
*102.14
102.17
*102.14
102.17
*102.14
102.17
*102.14
102.17
*102.14
2yas
102.17
1952-1954
*102.30
103
*102.30
103
*102.30
103
*102.30
103
*102.30
103
*102.30
2%s
1956-1958
*104.1-
104.3
*104
104.2
*104.1
104.3
*104.2
104.4
*104.3
104.5
*104.6
1C4.8
2%s
1962-1967
*102.1
102.3
*102.1
102.3
*102.1
102.3
*102.2
102.4
*102.3
102.5
*102.3
' 102.5
102.17
103
2%s
1963-1968
*101.18
101.20
*101.18
101.20
*101.19
101.21
*101.19
101.21
*101.20
101.22
2%s
*101.20
101.22
Jun 1964-1969
*101.6
101.8
*101.6
101.8
*101.7
101.9
*101.7
101.9
*101.8
101.10
*101.9
101.11
2%b
Dec 1964-1969
*101.5
101.7
*101.5
101.7
*101.5
101.7
*101.6
101.8
*101.6
101.8
*101.7
101.9
2yas
1965-1970
*101.4
101/8
*101.4
101.6
*101.4
101.6
*101.5
101.7
*101.5
101.7'
*101.6
101.8
101.5
2»/as
—1966-1971
2%s
*101.1
101.3
*101.1
101.3
101.3
*101.2
101.4
*101.2
101.4
*101.3
*100.21
100.23
*100.22
100.24
*100.22
100.24
*100.23
100.25
102.4
*102.2
102.4
*102.4
102.6
*102.5
102.7
*102.8
102.10
100.23
*100.21
100.23
*100.22
100.24
*100.22
100.24
*100.23
100.25
*103.7
103.10
*100.20
100.22
^*100.21
Sep 1967-1972
*102.2
102.4
?
2%s
Dec 1967-1972
->100.20
100.22
2y»s
*101.1
100.23
*102.2
*100.21
-
Jun 1967-1972
2yas
f-
1951-1953
*103.7
103.10
*103.7
103.10
*103.7
103.10
2y»s
1952-1955
*102.5
102.7
*102.5
102.7
*102.5
102.7
*102.5
102.7
*102.6
102.8
*102.6
102.8
2y4s
1954-1956
*105.2
105.5
*105.3
105.6
*105.3
105.6
*105.4
105.7
*105.5
105.8
*105.5
105.8
*102.22
102.24
lot
*103.7
103.10
*103.7
103.10
1956-1959
*102.18
102.20
*102,18
102.20
*102.18
102.20
*102.19
102.21
*102.20.102.22
Jun 1959-1962
*100.10
100.12
*100.11
100.13
*100.12
100.14
*100.12
100.14
*100.13
100.15
100.14
Dec 1959-1962
*100.10
100.12
*100.11
100.13
*100.12
100.14
*100.12
100.14
*100.13
100.15
*100.15
100.14 ;
100.17
Jun 1949-1951
*100.11
100.12
*100.11
100.12
*100.11
100.12
*100.11
100.12
*100.11
100.12
*100.11
100.12
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.17
100.18
*100.16
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.22
100.23
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100.26
100.28
101.3
*101.2
101.4
Sep 1949-1951
Dec 1949-1951
'
Mar 1950-1952
Sep 1950-1952
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
101.3
*101.1
1951-1953
*101.10
101.12
*101.10
101.12
*101.9
101.11
*101.9
101.11
*101.10
101.12
*101.10
101.12
*101.13
101.15
*101.13
101.15
*101.13
101.15
*101.14
101.16
*101.14
101.16
*101.14
101.16
Jun 1952-1954
*101.15
101.17
*101.15
101.17
*101.15
101,17
*101.15
101.17
*101.16
101.18
*101.16
101.18
—Dec 1952-1954
*101.16
101.18
*101.16
101.18
*101.16
101.18
*101.16
101.18
*101.17
101.19
*101.17
101.19
1953-1955
*103.17
103.20
*103.17
103.20
*103.17
103.20
*103.17
103.20
*103.17
103.20
*103.16
103.19
*100.9
100.11
*100.9
100.11
*100.9
100.11
*100.9
100.11
*100.9
100.11
*100.9
100.11
1950
Bank
for
$98.22
r
Registered
98.28
98.24
98.24
*98.22
98.28
*98.22
98.28
*98.24
98.28
*98.24
*99.15
1972
transaction,
Bid & Asked
High
5,000
100.17
1951-1955
Friday's
Low
New York City
Transit Unification Issue—
Friday
Jan. 21
Low
High
*108.14
99.17
99.16
99.16
99.16
99.16
99.20
99.20
99.20
99.20
99.28
bond
WEEK ENDED JANUARY
Range for
Sold
year
No.
Low
5,000
99.28
106.000
>1
Friday
Bonds
99
transaction.
Week's Range
or
Low
i
*104.28
25-ybar 3s
Last
High
*102
RANGE FOR
Interest
Thursday
Jan. 20
Low
High
1949-1952
Reconstruction & Development
10-year 2y4s
1957
Friday
B O ND S
New York Stock
Low
1955-1960
Treasury
2s
Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s
Treasury 2s
Treasury l%s
Odd
Hirh
Low
BALE PRICES
Jan. 19
1951-1955
Treasury 2y4s
Treasury
2V4s
Treasury
2y4s
Treasury 2s
Treasury 2s
Treasury
2s
Treasury 2s
a
High
HIGH
Wednesday
Jan. 18 '
3%a
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
May 17
this
lo«i
Tuesday
Jan. 17
27/#s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
98.30 May 17
Monday
'
Jan. 15
3s
International
BB
95
Saturday
STOCK
EXCHANGE
106.6
106.13 July
108.16 Dec
one
LOW AND
Bangs for Previous
Lowest
YEARLY
-
deferred
Figure* after decimal point represent
104.26
(397)
New York Stock Exchange
«»
FRIDAY
NOTICE—Prices
the
&! financial' chronicle
BONDS
Interest
New York Stock Exchange
1948
Period
Week's Range
Last
Sale Price
High
or
Bonds
Friday's
Bid & Asked
Low
Range for
Sold
year
NO.
High
Low
1948
Corporate Stock
1980
J-D
106
106 '/2 107
%
High
3%s Series No.
75
ioov2
15
J-D
*56
59
52
60
3%s Series No. 16
107
14
J-D
«56
60
51%
60
3%s Series No. 17—
3%
3%s Series No.
J-D
*55%
59%
53 %
59
3%s Series No.
19
J-D
18
3%s Series No.
:
3%s
■
55'/a
J-D
55'/a
47 Va
60 %
59'%
44
60
60
52
J-D
3%s Series No. 23
57%
*58 %
J-D
„_
*55%
*56
*55 VB
*55%
J-D.
55 %
47%
60%
J-D
*55%
59,'%
54%
6 i
*55%
56
50
60%
55 %
.
3%s Series No. 26
120
J-D
*56
59
J-D
*56
60
J-D
*57
3%s Series No. 29
Wertheim & Co.
2-2300
J-D
*57
J-D
*55%
3%s Series No. 30
Brisbane
Teletype
Broadway, New York
NY
1-1693
sink
AGtd
&
Municipal
JAChile
1947
6s——
;
1948
A-O
Akerslius
(King of Norway) 4s
1968
§AAntioquia (Dept) coll 7s A„__1945
s
f
7s
series B
1945
s
f
7s
series
C
1945
f
7s
series
D
1945
j-j
1st series
1957
A-O
series__1957
A-0
§ A External
A
External
s
f
7s
"
AExternal
sec
A-External
sec
AAntwerp
Australia
f
s
(City)
2d
7s 3rd series__1957
f
s
7s
external 5s_
(Commonw'lth) 5s
10-year
3%s
10-year
3%s
20-year
F-a
1957
3%s
1967
External
External
f
s
'
7s
s
f
to
3.5
7c)
AExternal
s
to
f 6%s
3.375%)
86%
(Int
reduced
to
3.5%)
101 hi
115
to
37
l/a
1
31
40
1
31%
40%
2
31%
38%
A 6s
37 %
2
3iya
40%
37 'A
98
6
31%
2
100% 101%
91%
92%
73
78
97
3-d
18
87%
94
27
87 Va
93%
86%
86%
23
83 y4
87%
9
83%
92
87
6
101% 101%
116
99%
106%
115
83 y8
18
7
103%
107%
114 y*
—
62
2
1979
A-O
1952
j-d
1978
45%
44%
47 ya
33
__
45%
23
*45%
49'%
—
1
J-D
33/4s-Series No. 2
57%
57%
J-D
59 %
59 Va
11
10
bunds
of
1944
(Plan
B)
45
20
33/4s Series No. 3
J-D
58
58
4
58 %
J-D
33/4s Series No. 5
58%
58%
58
J-D
33/4s Series No. 6;
33/4s Series No.
33/4s Series No. 8
33/4s Series No.
*
J-D
.
33/4s Series No. 11
33/4s Series No. 12
33/4s Series No. 13For
footnotes
see
page
J-D
J-D
J-D
J-D
29.
63
37 %
7
y4
4
99%
99%
2
94
102
J-D
"
101%
A-O" j-J
101
101 %
3
J-J
103 y8
105
105%
30
103 Va
105%
*50
'
37%
m-n
35%
35%
35%
28 %
28
28 %
7
29'%
28%
29%
35%
35 »/a
F-A
Feb 1961
F-A
Jan 1961
35 %
35%
A-O
A-O
J-J
28%
377/a
7
19%
35%
18%
29 V2
1
19%
U
f 6s
*35%
Jan 1961
J-J
29%
Sep 1961
Sep 1961
6s
M-S
M-S
28%
sinking fund 6s
1962
28%
35%
6s
—1963
bonds 2-3s___— 1993
Mortgage
Bank
:
6V2s
31
18%
1
20%
35%
28%
8
18%
28%
22%
32%
28 Va
28%
19
19%
28%
35%
35%
1
21V4
32%
28%
28%
14
18%
29
27'%
9
*35%
28%
M-N
M-N
_
2 9'/2
35%
28%
26%
A-O,
1963
28 %
35%
A-O
1962
2i'%
J-D
1957
J-D
1957
J-D
1961
J-D
J-D
277/s
1961
A-O
2
20
31
%
22
18
28%
*35%
35%
28%
377/a
28
28'/a
'
fund
6%s
A63/4s assented
—
AGuaranteed sink fund 6s
A6s
assented
AGuaranteed
A6s
_1961
Cons
A-O
28%
20%
A
7s
28%
19%
35%
Munic
28%
28%
7
18
28%
M-N
35%
35%
1
19
28%
M-N
28 Va
28%
12
18
1960
M-S
35%
35 %
2
18
27%
M-S
.28%
28%
6
17%
28%
1951
J-D
3%
7%
1962
1962
7s__
assented
AChinese
.
(Hukuang Ry)
5s
28'%
*6
9
For Financial Institutions
FOREIGN
FIRM
SECURITIES
TRADING MARKETS
62
48 Va
62
46 Vb
62
,.51
r.ABL MAMS & P.O. 1HC.
62
62
52
64
56
64
58%
60
52
*55%
*57
58
*55%
59%
65
54
60
65
49%
60
48
—
FOREIGN SECURITIES SPECIALISTS
64%
53
58%
*55%
59
56%
59
■"*
27
18Va
28
1960
—
sink fund 6s
assented
49%
.49
29%
35%
*35%
1961
A6%s assented
ASinking
49%
49
35%
18%
20%
'
s
62
38
35%
28 Va
18%
46
*
28%
28%
50
19
"l
M-N
1960
102%
29
105
1942
7s
99
103% 104
105%
62 ya
48
*55%
58%
f-A
49%
*55%
J-D
J-D
10—
50
*59
J-D
33/4s Series No. 9
49%
$
59
101%.
1960
—
33/4s
Series No.
37%
54
*60
3-d
3.375% ) ____1979
47
*60%
f
60
94%
Feb 1961
6s
assented
s
ACnile
62
5oya
1
43
3%s Series No.
50 y2
sinking fund 6s
assented
A Chilean
45%
62
47%
Extl
109
20
f
A6s assented
92
104 %
s
AExternal sinking fund
A 6s
assented
90%
86%
A-O
External $
99 y8
52 %
1942
sinking fund
AExternal
40%
103
91%
45%
A-O
A 6s
"
3
1954
8s
assented
AExtl
37%
;
99
1960
assented
A 6s
60
48
99
1950
4s
External
sinking fund
ARy external
37
*60
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
reduced
40
106
5%
(Int
40%
31%
-
1957
(Int reduced to 3.375%)
(Central Ry)
Stamped pursuant to Plan A
31%
1
86%
87
Stamped pursuant to Plan A
A7s
6
37 y2
90%
A-O
1979
of 1927
92%
A-O
1957
37%'
97
j.d
1978
6%s of 1926
reduced
j-d
37%
A6s
37%
101%
j-j
1955
Stamped pursuant to Plan A
(Int
M-S
1941
(U S of) external 8s
Stamped pursuant to Plan A
(Int reduced
of)
assented
AExternal
AExtl
37%
F-A
1955
SABrazil
AExternal
j-d
1949
^
6s
f
s
J-D
1966
1962
;
15-year 3%s
Belgium external 6'/2s
92%
37%
j-d
3
3%s
20-year
L__1956
——1—
64
65
65%
37%
J-Z>
j-j
3
37
A-O
1958
of '25-1955
81
37%
J-j
s
37 %
J-j
§ A External
81
60%
60
<
*62
M-S
J-j
§ AExternal
.
*61%
58
59
M-S
1961
(City)
(Rep)
§ A7s
F-A
60
55
1958
5s
gold 6s___
(Dominion
A Carlsbad
6s
fund
gold
48
54
1957
25-year 3%s
fund
sink
f 5s
s
fund
Sinking fund
Agricultural Mtge Bank (Colombia) —
§AGtd
(City)
Sinking
Canada
Foreign Govt.
60
J-D
3%s Series No. 28
REctor
60
51%
3%s Series No. 24
3%s Series No. 27
York Stock Exchange
60
51%
57%
3%s Series No. 25
Foreign Securities
New
60%
J-D
3%s Series No. 21
Members
51%
J-D
;
Series No. 20
3%s Series No. 22
Telephone
6
50 Broad
Telephone
HAnover
St., New York 4, N. Y.
2-0050
Teletype
NY
1 -971
28%
25
:';•.
\
..
»(V
v
:'t
'
•
4.^
•'. •
■'
..
-■ •
•
f
,
&
THE-' COMMERCIAL
RANGE FOR
•
.
Monday-, January 24, 194ft?
CHRONICLE
FINANCIAL
RECORD.
BOND
YORK
NEW
.
WEEK ENDED JANUARY 21
Interest
Fei-iod
Last
or
Sale Price
1928
Oct 1961
A 6s
of
1927
Jan 1961
external
f
s
bonds
$
gold
4
1947
%s
4 Vis
loan
external
4Vis
series
§ A Denmark
M-N
M-N
1946
F-A
124
126
AExternal
sink
fund
6s
1960
M-N
117
122
731/2
sink
fund
6s
1964
M-N
121
121
75
AExternal
35 Vb
45
bond
of
41%
43
1979
M-N
41
44
1949
__
41
16
58
25
53%
*13%
14%
"
M-Sr,
102%
*99
J-D
1953
99%
101 Vi
28
107Va
.112% 113%
J-J
extl
6s__
A-0
52
531/2
1942
J-J
5Vis
84 %
1955
F-A
77
4Vis
76 Vi
77%
9
1962
A-O.
66%
65 vb
671/4
'30
4s
extl
f
s
extl
extl
Jan
f
part
A6s
$
1, 1976
J-J
State
58 Vi
Public
46 Vi
J-J
1949
*11
M-S
95
Albany
90
Alleghany
82
15
Airlines
f 5s
s
extl
f
s
Works
1%
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debentures-*
10 Vi
23/js
2%s
debenturesconv
debentures
2%s
debentures
23/4s
conv
33/8s
debentures
—I960
l-3s
104
1977
J-J
§A4Vis
sink
fund
f
s
A-O
*6%
J-D
37'/4
34-
A-O
~
to
:
102
27%
34
13
17
31
9%
5
37
98%
21
*4Vi
4%
Q-J
15%
15%
lli %
18
J-J
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11%
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15%
J-D
7
J-J
5
Vi¬
7
7
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4'%
4%
J-J
12%
J-J
6%
6%
5%
20
'
J-J
8%
M-S
4Vis
M-S
1957
30%
>34%
27 Vi
1
2
*7%
to
extl
f
s
6s
M-S
27%
27%
•
19%
3
*
<
—
27%
30
33
27%
3
22%
1
89%
96
89 %
4
89%
75
loan
80%
80%
4
66%
J-D
*82%
—
73
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85
69
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reduced
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(Int
(Int
(Int
101%
;
30
27
;
s
f
J-D
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A-O
21%
__
141/8
A8s
secured
A7s
series
ASilesia
A4Vis
Sydney
For
B
gold
14 %
(Prov
of)
*8%
A-O
*8%
*14%
A-O
8%
J-J
J-D
17%
—
70%
72
67 %
78 y4
May
Feb 1 2010
income
series
4s
lien
ref
A
50%
52'/a
45 %
50 3,4
M-N-
1st mtge
5%
ser
85
83%
85
25
79%
91%
J-J
74
72%
74
12
70%
81
J-J
1980
vce
11
7%
*35%
21
141/2
&
4s
M
ref
77
75%
77
17
73%
86
95
7
A
1985
D
ser
I7V2
94%
94%
1951
4s
1951
Telephone of Pa 5s series C—1960
120
2%s
mtge 2%s
I
J
AC
J-J
—1970
1976
—1967
1955
1961
-I960
July 1970
ser
ser
2
8%
42
5s series
5s series II
mtge
Gen
43/4S
(Ernesto)
Co 7s
M-S
*83%
J-J
M-N
29
30
~
1st
Terminal
Consolidated
A-0
28
28
6
23%
36%
36 Va
10
26 Vi
26%
55
18
27%
102
99%
92
91%
84%
99%
M-N
99 %
90%
91%
99%
95%
93 Va
100
M-N
-.1952
J-J
—->4-1955
61%
34
97
98
10
105
105
60%
613/8
A-O
4s
5s
*102
97%
58
100%
:
88'%
63%
102
93
33V2
25
103% 104
291/2
f-a
50
102
Ry—
4 %s__1957
modified
Stamped
A-0
Pgh
&
6ft
*100
M-S
J-J
102 '/a
72%
83%
19
*
a-o
Niagara El 1st mtge 23/4s—1975
Rochester
Bush
27
100
5 / Va
58%
f-a
1976
Buffalo
*24%
88
101
90
f-a.
1968
1950
Buffalo
28
99%
100
82%
83%
—
23
2
*101%
A-O
86
86
M-N
:_1954
2%s
mtge
97 %
96%
*28 Va
M-N
Bklyn Union Gas 4s debentures—1969
14
96
123
RR—
Maine
mtge
Bristol-Myers Co 3s Debs
Bklyn Union El 1st gold 5s__•
19
93
55
99
119
3
95 %
93
98%
97%
100%
5
120
95%
1961
Steel Corp—
mtge
&
3%s
2%s debs
Loan
Indus
1st
93 "8
99%
*•100
Extension
88%
88%
L J
1951
stamped
ABieda
*25%
,
F-A
*39 %
26%
A-O
40%
—
>39%
34%
Terminal
California
gtd——1960
Bldgs 5s
Elec
'
A-O
"2
35
J-D
1966
29%
104
10 i
27
M-N
26
25%
5
21
J-D
27
27
2
27
34
22%
27
Carthage
J-D
*26%
30 Vi
22%
31
II
*36V4
33%
M-N
46
14
2
25
29
.33%
—±-1981
gtd 4s
Corp 3's deos
Corp 3%s debs
3%s debs
M-N
J-J
34%
34%
34%
2
22
551/4
1
40
1st
33
55V4
49
mtge 4s ser A
ser
106% 106%
106%
109%
108
lu8
107%
109 J/4
113 %
113"
113%
110%
112%
106
95%
95%
62
B2
107
100 Va
99
101% 101'%
101 Va
97 Vi
108 %
58%'~
62
102% 103
102%
107Va
82%
96 Va
103 V 108Vi
108 %
J-D
110%
106% 106%
106%
113V4
112% 112 %
100 Vs
71%
103 %
102
101
*99%
-
*75
,...1960
1948
1995
A__^__Jan 1 2020
..Jan 1 2020
1999
*42
29
39
Central
*54
36%
54 Va
85
75
80 Va
67
63
71 Va
63%
J-J
May
50
66
51
78 Va
48%
633/8. 72
May
*107%
tACentral of N J gen
Illinois
Light 3%'-s__:—1966
gold 5s
1987
—-_T_1987
AGeneral 4s —:
±-±_
1987
A4s registered ±.
1987
A5s
1999
J-J
M-S
43
27
40
34
60%
40%
2004
York
New
Central Pacific
1st &
ref
(4%%
2012
39%
39%
39%
25%
83%
*54
35%
80
1st ref
A-0
76%
76%
10
>
mtge
3%s
ser
/
M-N
1962
M-N
*6%
1958
J-D
*6%
—1958
J-D
1957
J-J
6
7%
7%
*86%
6
8
6%
8%
12
7%
.
13%
9%
an
—
37 Va
85 Va
409
35%
85 Va
65%
70
87
32%
*69
*102% 103 Vi
101 Va 101 %
101 Va
*101 %
1974
1968
i/„
Ref &
Ref Az
&
"4
A
Jjiv
r-^ncnl
1992
3%s series H*__^___1973
1st- cons
"O'fi
gOid 4s
1589
'
1QPQ
-
•
'*100
J-J
---
„
Impt M 3%s series D_—1936
impt M 3%s series E___„19Q6
Ref & imp M
K
.
97%
/
17
101%
11
101%
126% 126%
126%
96
119%
103%
102
104'/a
100%
130 Va
98% 100 Vi
100 Va
119%
69 Va
103
.
91%
104%
98% 100%
100 Vi
105
96 Va
—
105 Va 105 Va
73 %
32%
70
•*
B
Chesapeake & Ohio Ry—•;
.General gold 4%s
(Kingdom) —
1962
162
78
69 %
gtd gold-4s_1949
1 1949)—
Champion Paper & Fibre deb 3s—1965
1978
78%
74 Va
3si_^_—1974
series A
to Aug
107%
74%
77 Vi
95%
67
1st
Power
107
„
78 V8
registered
Central
1940
;
Gen mtge 4%s ser B
1968
29
114%
106%
A
2.25%)
page
111 1/4
Central
1956
7s
114% 1143/4
108
1965
1960
«
(1947 issue%—
?ACent Branch UP 1st gold 4s
of Georgia Ry—
31
A
110
104 % 104%
Ry—•
Celanese
41
Celotex
37Vi
37Vi
102%
1003/a
104 %
31
A
14
103 Va
99 Va
102
114%
gold
Adirondack
&
1st mtge
27
18
A-O
*100
Ry—
4%s
1957
gold 5s
:
Oct 1969
Guaranteed gold 5s
1970
Guaranteed gold 4%s_L_____—1955 •
Guaranteed gold 4%s_?
—1956
Guaranteed gold 4%s_„—_„_1951 .'V
Can Pac Ry 4 %> deb stk: perpetual-—•
Carolina Clinchfield & Ohio 4s
1965
31
30
26
*36
M-N
1962
98%
*96% 1003a
J-D
1974
Guaranteed
A
2.5%)
3.5%)
1976
1st1 3s
Power
National
Canadian
41%
24%
—
>291/8
1936
extl
see
,.
i-d
due Dec 1 1995
J_-
conv
—
J-J
2012
Council 3 Vis
footnotes
58%
57
63
contingent interest) —
series JJ
1st mtge 4s series RR
Alnc mtge 4%s ser A
--
J-J
1957
assented——
County
—
57%
1st
9%
—
00
00
11
1%
1968
2.5%
extl
interest)
(2%% fixed
1st
171%
A-0
2012
external
sec
98
fixed
62'/a
1st mtge
173/a
89
Plan A
7s—
to
94
86
62 Va
Guaranteed
loan
reduced
82
60 %
Boston
27
16
18
17%
A-0
J-J
38
.17%
17%
Stamped pursuant to Plan A
(Int
95
59%
Cons
32
17%
17%
1999
2%)
Serbs Croats & Slovenes
112
87 Vi
94
60%
Bethlehem
106
A
Stamped pursuant to Plan A
(Int reduced to 2%)
5ASecured
85%
95
62%
38
1946
f
to
(2%
Calif Oregon Power 3'/as
Canada Southern cons gtd 5s A
loan
reduced
dollar
87%
A-O
62 %
1950
water
41
36
A-O
63
105
Stamped pursuant to Plan A
A6s extl
5%
contingent
Creek
Bush
external
extl
56 %
100%
fixed
int)„July 1975
M-S
37
38
Stamped pursuant to Plan A
A 7s
97%
*100%
M-S
4s
1946
8s
to
IOCV2
J-D
103
M-S
M-S
M-N
(Int reduced
105 %
98 y4
due Mar 1 1996
Beneficial
1952
to
104%
103%
101% 102%
M
Bell
2001
reduced
115
,
due Dec 1 1995
Con
—
Stamped pursuant to Plan
A8s
J-D
104
due Mar 1 2000
1st
2001
2.375%)
to
123%
G
80 Vi
M-N
(State)
101
July 1975
mtge
Gen mtge 4%s
Paulo
106%
K
75'/8
A-O
reduced
3Vo
2
2012
Stamped pursuant to Plan
5ASan
1st 4s
<4%
B
ser
contingent
gen
1
2006
1926
s
&
83
1952
Vis extl secured
l"/o
92
1950
8s
to
112% 115%
2%s debs
5%
mtge
83
2.25%)—2004
reduced
115%
Bangor & Aroostook RR—
Plan A
Stamped pursuant to Plan
A 6
Ry
mtge 4s ser A
92
to
(City)
1153/4
M-N
July 1 1995
Line Ry—
J-J
J-D
6 Vis
(City of)
Paulo
126%
1966
M-N
reduced to 2.25'%)
2004
stmp pursuant to Plan A
(Int
A Rome
125'
*—
Toledo Cincinnati division
93
(Int
1967
126 %
(3%% fxd & 1%% cont int)_-1980
92
A-O
2001
Stamped pursuant to Plan
7s
A-O
92
1961
2%)
of
A-O
Fe—
15%
S'western div
94'%
A-O
M-S
2.5%)
to
100
Plan A
fund
to
94
93
38%
931/8
1947
Stamped pursuant to Plan
reduced
V 82
37%
97%
681/4
67%
86
M-S
2%)
Stamped pursuant
77
37%
Ref
26%
95
12
1960
8s
103'.a
81%
81
1966
mortgage 4s
Series
1953
to
100%
—
Santa
103%
101
103% 103%
J-J
A 4 % s
A
Sul (State of)
§ A8s extl loan of 1921
sink
103% 104
103 Va
Q-J
Pgh Lake Erie & West Va—
16
1961
Grande do
reduced
103%
A-0
1948
and
Plan A
to
A-O
1969
1995
and 33/s%
86
2008
2.375%)
to
1962
25
and
32
81%
—1959
2.25%)
reduced
99%
116%
103% 103%
July 1995
:—.
gold 4s—
Ref & gen mtge 6%
86
1963
External sec 6 Vis
Stamped pursuant
91%
106%
106% 1073/4
103 %
51 %
Cons
8s
to
107 Va
J-D
Series
81%
1940
Plan
J-D
50%
1st
A
gold 8s_-
to
1957
Series
A-O
1967
7s
(City of)
reduced
1st
95
%
1013/4 109
89%'
97 %
94
95
Series
27%
1968
to
Janeiro
external
93%
104% 104%
31
95
27 Vi
1958
Stamped pursuant
A7s
__
102% 103 %
50%
Ref
f-a
1947
.
f
s
fund
reduced
(Int
J-D
89%
89%
103%
104 %
1994
(Int reduced to
2.375%)
7Vis 1966 stmp pursuant to
external
—
/
1973
Topeka &
1963
2d ser
Stamped pursuant to
(Int
A-O
J-J
Beech
2.125%)
A4Vis assented
APorto Alegre (City of)
A6s
J-D
M-S
14
1955
assented
(Int
J-J
1948
9%
1965
assented
(Int
89%
9j %
104
1st
81/4
30%
--
*34%
-
M-N
1956
(Rep of) gold 6s
de
98%
85
104
7'A
1970
3Vis series B
External sink
(Int
91V4
Baltimore & Ohio RR—
13
1'957
§AStabilization loan
§ARio
953/4
B
1963
.
loan
reduced
A4Vis
943/4
71/4
18
140*
10%
30 Vi
A-O
2008
(Rep of) external 7s
ANat loan extl s f 6s 1st ser
A4Vis
97
95%
M-N
J-J
M-S
A Peru
§APoland
89%
A-O
91/8
9
M-S
fund
extl
debentures
SASecond
101
Plan A
SAPernambuco (State of) 7s
Stamped pursuant to Plan
Nat loan
94
1st mortgage 3%s
—1963
Atlantic Coast 1st cons 4s„—July 1952
General unified 4%s A
1964
20 Va : 34.
37V4
32
1011/4 1041/4
J-J
2.125%)—2008
to
(Republic) —
A
Stamped assented 5s
Stamp mod 3%s ext to
(Int
86 Vi
93
1961
Stamped 4s
Atlanta & Charlotte Air
19%
18%
Panama
ref
84%
93
1982
Products Co 5s
Atchison
12
118
19%
35
M-N
6Vis_^——1959
f.
P W
Plan A
external
sec
85%
Q-J
1958
to
Municipal Bank extl s f 5s
Oslo (City) sink fund
4Vis
Ext
M-S
F-A
1986
debentures
Atlantic Refining
reduced to
2.125%)
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4Vis
sink
A
31
19i/o
80
99
78%
1033/4
1975
.
debentures
3s
22
22
*30%
67
§ A Atlantic & Danville
(Int
External
12
2
1954
7s
6 Vis
s
152
1957
19%
78
1980
debentures
Ann Arbor
,
/'Stamped pursuant
3 Vis
Foreign Fow deb 5s
—2030
Telephone & Telegraph Co—
Amer Tobacco Co deb 3s
233/4
19%
J-D
1950
Stamped pursuant
reduced
3/a
103
13%
79
31 '/4
1951
Ass'td to Nov 5,
1942, agree_1968
extl 5s of 1899 £—1945
1899
—1945
AAss'td to Nov. 5,
1942, agree_1963
AAssenting 4s of 1904
1954
*■
AAss'td to Nov. 5,
1942, agree_1968
§ A Assenting 4s of 1910
1945
AAss'td to Nov. 5,
1942, agree_1963
§ ATreasury 6s of 1913
assent—1933
AAss'td to Nov. 5,
1942, agree_1963
A Milan
(City of) 6 Vis
1952
Minas Geraes (State) —
external
21%
19
J-J
Assenting 5s of
(Int
8
78
311/4
19%
J-J
1943
f
V
1952
5 Vis
s
5
50
.
96%
20 Vi
1977
§AMexico (US)
A Sec
&
General 4s
assented
Sec external
21%
M-S
Metropolitan Water Sewerage &
Irrigation—
"*8
6
70
10 Vi
6
*100%
J-J
—1947
Drainage Board
51/4
M-N
1977
to 3%
(Kingdom of) 7s
AJugoslavia (State Mtge Bk)
AMedellin (Colombia) 6Vis
Mexican
J-D
86%
94%
*99
—
100 %
80
99%
78
J
80%
80%
__
M-S
1987
107%
97
*100 3/8
__
104 %
1033/4
American
46
-
A-O
:—1966
56
9
7%
*52 >/s
for
Altaly
j ■
!.
debs^
3s
69%
101
*6'/4
f-a
1960
Public Utility—
Credit Institute 1% to
3%
A External
7s _r
Rio
Susquehanna RR 4%s—1975
& Western 1st gtd 4s__1998..
Mfg 2s debs
1956
&
28
19%
100 %
4
106% 106%
A-O
Allis-Chalmers
44%
*101hI
M-N
1968
6 Vis
§A7s series B
A
J-J
38
5
Italian
A
1972
68
~2
46 Vi
1967
Consortium
-
A
3Vis
mtge
58
58 Vi
J-J
1964
extl
Credit
4s
1st
•
(Republic)
Italian
A
Power
59
75
J-J
1, 1976
paid
Italian
§ A
*69 Vi
Jan 1, 1976-
paid..
part
COMPANIES
*104% 105
M-N
54 Va
18
84 7/8
Jan
Helsingfors (City) ext
Free
INDUSTRIAL
*30
196?
Government—
A 7s
AND
A-O
—1952
3 Vis
23/4s
$
(Republic of) 7s
Republic extl 7s
Greek
Irish
'
Southern
American
AEstonia
French
•
83
of)—
$
s
f
s
7
Great
23/4s
3Vis
4%
11
Alabama
70
35
13
gold
3s
f-a
11
'
gold
(Republic
90
27 Va
6%
Alabama
1960
External
Salvador
92
70
24%
RAILROAD
AAdriatic Electric Co 7s
to
External
El
80
f-a
111 Vi
105
83%
A-0
118
(int reduced
extended
85 Va
74
J-J
1958
1958
7s
73 %
f-a
1978
1984
assented
86%
73
32
85
M-N
—1978
1952
external
(City)
A4 %s
1
;
i'
J-D
1979
conversion
readjustment
extl
AWarsaw
102 Si
CI
F-A
1977
20-year
3%s
'v.
—
AVenetian Provinces 7s
18
I2V2
-.
1937)
readjustment—
External
79
.
■
1949
C
External
($
3%-4%-4fts extl conv
4-4%-4Vis extl readjustment
82
67
extl 8s
(Republic)
33/4-4-4%s
44
—
'
High
High
70 Vi
66
{
year 1948
Low
2
__
70
.
(
debt
Stamped assented
6%)
*4'2%
J-D
1951
Sinking fund 5Vis
Czechoslovakia (State)—
to
*41 %
Range for
Sold
No.
5
36%
42%* 42%
M-N
f-A
1953
1
Rica
External
A-O
1946
Bonds
s
High
68%
5
—
36%
1947
1927
(Rep of) 7s
(Republic of) 5s of 1914
Cuba
Low
'
A-O
Friday
or
Bid & Asked
681/2
70%
*69%
Last
Sale Price
Low
No.
High
70%
1952
§ASinking fund 7s of
Copenhagen (City) 5s
25-yCar
70 Vi
J-J
_1970
§AColornbia Mtge Bank 6Vis
§ A Sinking fund 7s of 1926
ACosta
A-0
Period
New York Stock Exchange
1948
§AUruguay
of
3s
year
Interest
BONDS
Range for
Sold
(Republic of) —
A 6s
,
Bonds
Friday's
Bid & Asked
Low
Colombia
Week's Range
Friday^
Friday
BONDS
New York Stock Exchange
92
106
1043/4 105 •
119% 119%
114
117%
109%
1
*D0%. 120
ir>i«
Number 4771
Volume 169
THE
COMMERCIAL
&
FINANCIAL .CHRONICLE
(399)
27
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED
Friday
Interest
BONDS
Last
Period
New York Stock Exchange
JANUARY 21
Week's Range
or
Sale.Price
Low
Week's Range
Friday
Friday's
Bonds
Bid & Asked
Range for
Sold
High
NO.
Low
Interest
BONDS
1948
year
New York Stock Exchange
Last
or
Friday's
Bonds
Bid & Asked
Sale Price
Period
Low
High
Range for
Sold
year
No.
High
Low
1948
High
Chicago Burlington & Quincy RR—
General 4s
1st
&
ref
J-J
1958
-
4%s
series
B
F-A
,__1977
1st & ref mtge 3 Vis
1st & ref mtge 2%s
1985
110%
F-A
1
110% 110'%
F-A
1970
1
109% 109%
108
109%
10
97
98%
Firestone Tire
100%
tFlorida East Coast
91
50
112
93
*99
98%
:
112
99>
*Alst
Chicago & Eastern 111 RR—
AGen
mtge
inc
1st mtge 3%s
A
5s
1997
Chicago & Erie 1st gold 5s_
Chicago Gt West 1st 4s series
AGen
inc
44
45 Vi
M-N
75
75
75
M-N
*119'A
-1
1988
J-J
76
34
71%
2
51%
80
111
87
18
79
77
12
55%
80
J-J
65
65%
12
54%
J-J
50%
50%
23
39%
55%
A
Jan 1 2038 '
-
1st mtge 4s inc ser A
A 2d
mtge 4V2S inc ser A
Chicago Indiana
Chic
Southern
&
Milw St Paul
1st
87
—_
..
deposit
4s
J-J
J-J
Gen mtge
4Vis inc
4
inc
conv
102%
99%
106
A__Jan 1 2019
Apr
64%
63
64%
12
62%
75
Jan 1 2044
ser
Apr
53
521/4
53%
112
52%
61%
B_„
ser
94'/4
.94%
941/4
6
mtge
1st
inc 4,/2S___Jan 1 1999
conv
mtge 3s
B
ser
94
88%
102% 103
8
Apr
1989
Goodrich
4s series A
General
57%
58%
152
89%
AGen mtge
4Vis
conv
J-J
A_Jan 2019
ser
Chicago St L & New Orleans
5s
106%
Apr
lyoi
89
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern
Ry—
1st & ref M 2%-4 Vis
____^_1994
Income 2%-4'As
1
1994
98%
J-D
97
J-D
98%
100
101'/4l01%
series F_^
102
Chic & West'n Indiana
conv
1st & ref 4'As series D
77
6
75%
91
71
71
5
69%
J-J
106
'
102%
J-J
106
104 % 104 Vi
10*%
101%
99%
*'4
M-S
1st mortgage 27/8s
:
Cincinnati Union Terminal—
1978
J-J
1969
F-A
107'% 107 %
1
106%
1974
F-A
101% 101 %
11
96%
gtd 3%s series E
G
ser
,
City Ice & Fuel 2%s debs
City Investing Co 4s debs
Cleve
Cin
Chic
&
St
General
5s
Ref &
Cin
St
Wab
&
1st
&
Cleveland
*
91
93
5
78
82
Union
F-A
A-O
1972
A-O
gtd 4Vis
Terminals
States
Util. 1st
1st mortgage
60 Vi
87 %
2
84'/a
102 %
1
103 %
104%
101%
101'%
*101%
Hudson
Coal
Hudson
1st
3
98
87
1
82%
92
78
21
70
82
96%
14
91%
95%
Illinois Bell
102% 102%
Illinois
Central
93
74
6
68%
80
98
7
92%
100
59
60
78
56'/a
97
97
—
93
97%
4s
gold
59
M-N
*95%
A-O
•
96%
'102
104
108%
Extended
100%
107'A
13.
96'%
104%
49%
17
44%
58%
102 %
15
98%
1021%
5
103%
1st
.
—
-—
1973
A-O
*104% 105 %
101H
_1970
M-S
*106% 106%
104
108 %
48
102 %
gold
3
93
96'A
121 % 121'A
1
117
* 127%
96%
4
94
97%
07%
M-S
J-J
96%
J-J
94
95
103
6
F-A
67
64%
67
154
57 Va
68
A-O
24%
231/2
25
127
17%
29'A
97%
98
11
94%
5
100%
94
102% 102%
J-D
1951
—1951
J-J
105'-
104% 104%
—
*104%
F-A
*101%
M-S
*35
A-O
102% 102%
1955
4s/_!
trust
*101 %
A-O
1951
1952
gold 4sl__
M-N
__
M-N
__1950
1951
J-J
*100
J-J
104 Va
1
106
*100
104%
104%
104%
—
106
107%
Gold
M-S
1977
A-O
1972
J-D
'
97%
98
95%
15%
M%
—
:
99%
99
94
10
M-N
2%s~
-1968
106
%
111
Cent
100%
1966
-1942
99%
103%
1st
110%
Illinois
100%
102
97%
101'/a
96
25
M-N
102
J-D
-1952
34%
9 4'/8
51%
48
;
34%
34
27%
J-D
34
*34
--
"5
28'A'
34
28'A
J-D
34
80%
,
83
84
31%
35
36%
33
2
37%
;
37
34%
•
A
%
*100%
ref
series
Great
series
101%
—
—
F-A
*103
102
103
F-A
.*101
101
101
100%
J-D
98%
96%
99%
133
88%
J-D
92%
89%
93%
GO
81 'A
86%
35
77
88 %
100% 100%
5
95
101 %
100% 100%
1
100
J-J
100%
J-J
J-D
1986
100%
*89
—
102
85%
—
93%
90
RR—
A 1st
gold 5s series C_.
1956.
§Ainternat Hydro-Elec deb 6s
1944
Int Rys Cent Artier 1st 5s B_—__1972
52%
76%
25%
86
20
43%
59
61%
21
48%
71%.
59
59
23
50
67%
'""'i
-•
J-J
Jamestown Frankl & Clear 1st 4s__1959
81
24
24%
J-J
1956
66
68%
233
60
1
A-O
July 1952
B
65
66
J-J
1952
.
.
82%
86%
J-D
,—1963
A
Adjustment 6s series A
5s
101
97
1963
C_^_
Northern
series. A
6s
100
97
1963
5s-series A
4%s
ref
103
95%
*101'/a 101%
*101'/a
89%
104'A
104'A
99%
~i
—
J-J
108'/a
103 %
.
__
J-J
mtge 4s ser D_».
Terminal Ry 4s ser
A 1st
"
98%
100'/8 100'/a
100 Va
__1951
ref
1st
."•v
77
104 Va
3%s_^_l951
gold 4s—.'
1951
1
.'
Div-1st gold
^International
42%
>
J-J
Indianapolis Union Ry Co—
Ref & Imp 2%s ser C
A
85'A
*101%
F-A
1951
1970
Indiana 111 & IOwa 1st gold 4s____l950
55%
*80
J-J
-1946
88
.
J-J
-1946
95
*49%
:
„
2
*92
—
J-D
99%
1951
102%
102%
and. Chic St L &• N O—
1st
&
106
102%
100% 101 %
J-J
1st
100%
185
■
>
Joint
100
95%
18
106%
*102
M-S
96%
92%
;
13
102%' 103
106%.
A-O
-1975
1965
102%
J-D
/>".■ .r 2
3s.—
gold 3s
Registered
•
99
gold
& Term
1st
Western Lines-1st
c
'
3s
3%s
Springfield
101%
95
York
^-1982
Div
St Louis Div
gold
102'/a
95
123
*103% 104%
1st
105'A
98%
1
88%
J-D
Div
98
2
5
F-A
88
103%
23
102
106% 107%
106%
101'A
99%
4
105
102
-1966
——
103%
102
100 Va
__
101% 101'A'
M-N
1955
__
70
104
105
J-J
_1952
__1953
gold 4s„
Cairo Bridge gold 4s
104'/a
101
15
102%
100%
J-J
Omaha
107
100
102
1951
:
Refunding 5s
Debenture 4%^-
__
*103%
__
105%
102%
"
*103
lines" 3'/aS__j.^__
Purchased
J-J
—1978
gold 3%s_
trust
Collateral
.
*105
A-O
98
-96%
88
15
103
1.1949
1957
1st 5s A
sterling—_
3s
Refunding
104
..1965
—
,
Louisville Div & Term gold 3%s_1953
New
66%s
J-D
3—L
1st
Collateral
i
49%
—
■
M-N
3%s_—1
17
107%
M-N
J-J
'
RR—
gold
M-S
1961
lOl'/a
5
72 %
97
100% 101'A
98
_1962
B—
1st
1971s.
1951
11%
102%
'
26
*96
2%s series A—1981
Telep
101%
1980
F-A
6'A
100%
16
10
9%
Feb 1957
95
103
F-A
74
63
*70%
Apr
1999
1970
1st gold 5s___-
11
104% 105%
1955
%
77%
96
96
1978
income 5s
107
J-D
Consolidated Natural Gas
88
70
59 %
__
A-O
1977
of
4
1976
2%s
Corp 2%s
f 5s series A
s
& Manhattan
AAdj
Commonwealth Edison Co-
Edison
93
J-J
1st mtge 2%s__1976
Household Finance
Litchfield
Consolidated
96%
87
A-O
Jan 2044
Hocking Valley Ry 1st 4%s
100% 101
A-O
4s
99%
95%
A-O
___1968
M
1st mtge 3s series
1973
1st extl
117%
87 %
41
106
1977
Ry—
4Vis (stamped modified)
Columbia Gas & Elec 3 Vis debs
3V4S debentures
Columbus & Sou Ohio El 3'As
123%
110
92
13
104% 104%
107
B
3s^—-—
Hackensack Water
Southern
Columbus & Toledo
series
4s
1st
_
1st mtge 5s series B
1st mtge 4Vis series C
&
ref
inc 4s ser B
Co—
A
&
112
116
9 2'/a
Feb
.—1959
109%
77%
87%
104%
5
RR—
trust 3%s
99%
60%
J-D
1961
72
67%
97'
66%
86%
105% 105%
87%
J-J
1982
82
97
M-N
1970
1950
1st mtge 5Vis series
Colorado
4
80
J-J
4s___*1990
17
H
109
101%
92
67
109% 109%
J-J
106%
80
67%
101
J-J
J-J
—
.86
97%'
96%
-J-J
Feb
;
debs_J
Collateral
Pittsburgh RR—
Series D 3Vis gtd
Cleve Short Line 1st
v
J-J
.:
86
5
93
J-J
J-J
1990
2000
—1982
___2010
1961
A—j—
81%"
96% 100%
J-D
1991
4s
trust
Cleveland Electric Ilium 3s
1st mortgage 3s
Cleveland
102
92
80
J-D
1977
1st
coll
9
*101%
J-D
1993
B
Mich' Div
Div
8
100%
Q—
B
Ohio
Hudson Co Gas
impt 4Vis series E
Louis
106%
100
J-D
1993
series
106
100%
.
ctfs
Mobile &
Gulf
Ry—
gold 4s
General
1966
1961
Louis
103
20
*116
J-J
105%
102%
r.
2'As ser R___
Bay & West deb ctfs
Gen mtge
1021/4
A-O
1st mtge 2%s
103
—
87
12Q% 121'%
109%
J-J
1975
106%
7
.11962
1st mtge
62
„
86 y4
J-J
Gen mtge inc 5s ser A
July 2015
,'lst"& ref'3%sseris D__.i—_.._..1969
i
3
102% 102%
Cine Gas & Elec 1st
mtge 2%s____1975
.
ser
Gulf
80
J-J
4s___1952
:
2%s
mtge
1st
76'%
J-J
..1963
;
mtge
N__:
0__
ser P
Greyhound Corp 3s
J-J
1963
G
ser
ser
ADebentures
Chicago Union Station—
1st mtge 3VaS
1st mtge 27/8s
66
105
lOO'A 100 %
J-J
1976
D
ser
A Green
101
100
1
3 Vis
3'/as
mtge 2%s
105
100
4
mtge
Gen
94%
71%
2
—
1952
1973
series
Gen
94
101% -107%
170
103% 103'A
*101
101%
\
8
mtge
Gen
70%
i
106% 106%
J-D
1951
Gold 3Vis
4%s
Gen
57%
—
Ry Co—
series B
*100%
87
M-S
M-N
>•.
1st mtge 2%s_1965
Co
F)
5Vis
General
Gen
58%
J-J
1994 '
(B
Northern
1969
1
General 5s series C
Chicago Rock Island & Pacific Ry—
1st mtge
inc debs
conv
Great
Chicago & North Western Ry—
2nd
A 4s
J-D
5s—__1949
Realty & Utilities Corp—
General
RR—
mtge 4s ser A
Vis
Gas & Elec of Berg Co cons
1956
Pac
102'/a
102%
*103% 104%
M-N
1956
104
%
-
:^_1994
&
50
55%
Chicago Ind & Louisville Ry—
A
100
M-S
Francisco Sugar coll trust 6s
67
Jan 2003.
of
102
2
51
61
90%
76%
Certificates
60
M-S
1974
14
102 % 102%
101%
J-D
-1959
4'As
103% 104'/4
M-N
1961
debs
3s
1st
120%
83
J-J
Jan 1983 "
41/2S___
mtge
45'/2
1982
B
ser
J-J
1985
conv
& Rub
& ref 5s series A—u
J-D
68%
A-O
101%
*97
M-N
71%
67%
96%
—
102
D
Dayton Pr & Lt 1st mtge 2%s
1975
mortgage 3s
Dayton Union Ry
Deere
&
Co
2%s
3%s
Delaware
N
Y
Lack
Lack
1st
&
&
ref
4s
1965
extended
West; RR
&
Western
M
5s
Tr
1st
1st
&
A
'mtge
87
1993
M-N
68
67%
68%
10
M-N
€7%
69%
30
3s
1%
ref 3s
Gen
&
ref
3s
2%s
ASecond
&
80%" 88%
1993
J-J
91
65%
100%
10
n
68%
103'A
65%
80
int)_.l_
H
1993
J-J
1966
I
J-D
1982
gold 4s
4%s
81%
M-S
1970
:
103
;v
105'/a
105
107%
70%
J-D.
J-D
1961
1976
J-J
tSADul So Shore. & Atl gold 5s
Light Co 2%s
1937
F-A
-
*73
—
82%
107%
105%
8
95%
250 v
;
%
'
105
1961
i—1,961
*
^___1964
__1959
Laclede Gas Light 4%s conv debs-_1963
105%
91
47'/a
68%
...
''J'tm ^
58'/a
76
•
74%
96
86%
96
8
v
,.
101%
101%
Toll 5s ctfs__.
5
.4
49%
96%
8
100%
&
RR
.7
income regj
—1975
Lehigh Coal & Navigation Co—
-
Lautaro
&
Ed El 111
(NY)
1st
Nitrate
Co
Elgin Joliet & Eastern Ry 3%s
El
Paso
5s
M-N
*111%
J-J
*142
mtge
1st
5s
'
inc
4%s
ser
1st
cons
cons
OViir>
sv>t
mtge
1051/4 105%
5
102
105%
1965
A-O
104% 104 Vi
1
101%
106%
A-O
100
105%
64
73%
*104
3%s
ser
mt.ffp
fnntnntpc
«P
68%
96%
96 %
96'/a
1
93
95
J-J
88%
87%
88%
26
81
86%
2000
J-J
87%
87%
87%
5
78
86%
99
99
95%
96%
_1953
T/aP
nope
70
A-O
1990
G
J-J
1964
mtge 2s ser H
!")'*>,Issf.
156%
M-S
A___Jan 2015
1st cons mtge 3%s ser'E
1st cons mtge 3%s ser F
1st
112%
141
_1970
Erie Railroad Co—
Gen
110
148
1965
& Southwestern
stamped
1956
"1-1
M-S
*99%
70%
__
100%
112'/a
97
—
*7/s
176
99%
103'A
%
20
l'A
98
169
*98'/a
1%
—
45
2o
"
QQ
100
108% 112
112
Co—
; )''■
L—1._1954
.
Lehigh Valley Ry Co NY-4%s ext_1950
Lehigh Valley RR—
4s stamped modified
:
2003
4s registered
—2003
4%s stamped' modified
—2003
r
4V2S registered
.—-2003
5s stamped modified
—2003
Eehigh Valley Terminal Ry ext 5s_1951
Lexington & Eastern Ry 1st 5s
1965
<te
96
12
88'A
98
90
90
3
82%
90
SO
90
90
4
81%
93
90
98%
95
100'/a
*3G'/a
93
—
,
L
stamped
__1964
5b stamped J_l_
.;—:
—1974
Lehigh Val Harbor Term gtd 5s—1954
Liceet.t
111%
102
89
96
A-O
^-1970
3%3 ser A—;
stamped
'
Ltd—
Mvers-Tobacco
5s_——1951
•
•
-
*95
70
96%
■
93
3
>68%
70
17
-
-.
*
8
71
72%-/:
39%
41%
38
40
8
43
46
51
41
49%
47%
49%
A-O
A-O
73
72
73
38%
45%
*40
*119%
108
A-O
?Q
t
169
\
96
82%
!
95
60
66%
71%
27
40%
.
75
44
9
26'A
38'A
30
43%
29%
43%
40
36%
67
47
78
120
__
103%
84
J.^
92%
92%
M-N
M-N
M-N
M-N
M-N
-
-
*100'A 101%
F-A
F-A
F-A
F-A
J-J
-
5s
5s
gold 5s__,_1995
cons
A_
Alst mtge
5s
1st
52
97 -
112'/a
—
102% 103
-Deo
Sh
ser
3%s registered-
Lehigh Valley Coal
& Ga Div
114%
Terminal—
1997
Lake
3%s
__^___1968
Mich Sou gold 3%s_,,^_1997
mtge sf
S F mtge
East Tenn Va
100'A
44
75%
*108
J-D
J-D
J-D
1st
98 Va
38
Lakefront Dock
106%
81
/•; 13 ':
47 '/a
&
99%
97
108
105%
,
■
101
*53
*100%
103
104%
99 'A
104%
~~
99'A
mtge 3s_-_
1st
97%
25
99% 100%
M-S
tAKreuger
___„__1997
96%
•
_
100
101'/a
3
12
—
100%
99%
—
*108
M-S
—:
—
104'/a
104
*100%
J-J
A-O
A-O
unguaranteed
97%
*
101% 101%
104 Ve
J-J
1961
4%s
■
99
-
——
98
93
96
96s
*100% 101
100%. <104%
32
>
70
*86'/2
■
83
98%
110'/a
'
J-J
1977
Duquesne
.
66'/a
5
99%
*60'A
M-S
1961
105%
99%
■
M-N
Det Tol & Ironton RR 2%s ser B
Dow Chemical 2.35s debs.—.:
24
106'A 107%
M-S
1995
82
80%
103% 109%
J-D;
1995
Tunnel
1st
Stamped
Koppers Co
1958
lien
City
mtge 4s
Kansas City
93
51%
38
Southern Ry
ser-A
1st mtge 3%s-series BJ
'1st
1
Terminal Ry 2%s
1974
Kentucky Central gold 4s_.—i___1987
Kentucky & Indiana Term 4%s—1961
—
—
91%
64%
15
76%
*97
A-O
J-D
J-D
A-O
.A-O
J-D
-A-O
J-J
J-J
J-J
.1978
3s__1950:
.___1975
—1968
Plain
Apr
72%
95%
76%
76%
M-S
City PcWer & Light 2%s_zl976:
1st mortgage 2%s
(
Kansas
—
89%
Kansas
68
54
; .'..54%
fixed
gold; 4s
Detroit Term
;
1
104% 104%
'1
1976
4s__1990
1st gtd-gold
Kings County El L & P 6s
series
1st
1G4%"
27/8s
& Lt
Pqw
K
(4%%
(3%
Central
97
—
debentures
conv
Detroit & Mack
A-O
J-D
2018
series
169 % ' V
RR—
3-%s series <G
&
Jersey
102
fixed
A
contingent
Gen
1973
1977
3..
West
Lake
mtge
Detroit Edison
99 %
89
87
3VaS
(3%
ser
Salt
Income
30
34
•
87
contingent int)
&
102
95%; 96% '
M-N
.
contingent int)___i._^
Denver
102
95%-
103'A
103 'A. 103 %
''
.
1973
Light
tr
Grande
mtge ser
1%
A Income
*'
u.3._May 1 7042
&.coll
Rio
"
■'
99'A
-
103'A
Kanawha & Mich
C
ser
4-6s
Power
mtge
Denver
M-N
95%
1
99%
div
Income mtge due
Morris & Essex division
Coll
A-O
99%
*103'A
Co—
A
Delaware
J-D
1963
debs._^
Delaware & Hudson
J-J
1965
B
ser
A-O
1978
1st
22
121%
107%
111%
28
Monday, January 24, 1949.
COMMERCIAL & FINANCIAL CHRONICLE
THE
(400)
NEW YORK BOND RECORD
JANUARY 21
RANGE FOR WEEK ENDED
Friday
Interest
BONDS
Period
New York Stock Exchange
a
Miami
Lombard
4s series
gen
Electric
series
7s
4s
No.
High
year
Low
*104%
—
A
*100%
stamped
Lorillard (P) Co deb 5s
3s debentures
Louisville Gas & Elec 3 Vis
102%
100%
105%
107%
102
110%
102%
108%
lst
Ref &
Coll
series
F—
*92%
series
G__
82 %
82%
H—_
99%
'99%
ref
M
94
St
ref
Louis
Atl
M
Div
2d
&
ser
Cine
Knox
Macy
3%s
*93
gold 3s
,
'106%
Div 4s
(R H)
& Co 2%s debs
Central RR 4%s ser A
Maine
1st
mtge
&
Manati Sugar
Manila
4s
con
3 %s
1960
70'A
87%
84
94
92
100
91%
94
91
100'/a
99 '/a
104 7/a
102% 103'/a
65'/a
94%
Co—
99 %
99 Va
99%
99%
*99'A
Bell
68
%
__
'
*102 %
-
101%
*__
Telephone—
debentures
tOgdensburg & Lake Champlain Ry—
70'/a
93 Va
93%
4s sink fund—Feb 11957
(Southern Lines) 4s
May Dept Stores 2%s debs
60
mtge 2%s
Northwestern
II
1954
RR
60
*100% 101%
1972
B
$er
63%
65'/a
103%
Power
mtge 2%s
1st
103
62%
93%
4Vis
States
96'/a
—
107%
92%
impt 5s series D
trust
1st
High
99
85%
1st mtge 3s
(Wise) 1st mtge 2%s
•,
&
Low
*60%
63%
impt 4Vis series A
Ref & impt 5s series C
(Minn)
3%s
1st
*101
__
—
Ja
3s
registered
Northern
1st & ref M 27/8s
&
lien
Ref &
1st & fef mtge 3s
Louisville & Nashville RR-t-
year1948
No.
High
103 Va 106
106
4s
registered
General
3s
100^
103% 103'A
*107
lien
4s
101A
107 %
—
108%
108
Prior
Sold
Pacific Railway—
Northern
34
997/s
luU'/a 1UU %
Low
Range for
Bonds
Friday's
or
Bid & Asked
-
107
10016
*100 % 101
gold 4s
Week's Range
Last
Sale Price
High
107
„
Period
New York Stock Exchange
1948
18
ll-N
A—
Long Island unified 4s
Guaranteed ref
Sold
Interest
BONDS
Range for
Bonds
Friday's
or
Bid & Asked
Low
Little
Friday
Week's Range
Last
Sale Price
86
Corp 1st mtge 3s
1960
Metropolitan Edison 1st mtge 2%s_1974
Metropolitan Wat Sewerage & Drain
guaranteed
99
*13
1974
3s
101% 102%
1975
96%
97%
1975
*96%
97%
104% 104%
Oregon-Washington RR 3s ser A—1960
102% 102%
14%
1948
4s
1st mtge
mtge 2%s
Oklahoma Gas & Electric 2%s
1st
68%
*97
1972
Mead
J A 1st
87
*
1959
Ohio Edison
100% 100%
(see
Foreign bonds)
Michigan Bell Telephone Co—
3 Vis
Pacific Gas & Electric Co—
Jack Lans &
.1951
4%s
*100%
1952
*101 %
1979
Sag 3%s
*80'A
series C
Michigan Cons Gas 1st ihtge 3%s_1969
1st mtge 2%s
1969
1st mtge 3%s
Mining
St Paul &
& Mfg
Gen
40-year
Prior
4s
a Cum
adjust
tMissouri
a 1st
4Vis
a 1st
99%
L
51
98%
—
71
72%
93
)3
68'A
1962
83%
85
10
10
71%
1962
69%
68'A
69%
16
16.
61
70
70'A
4
61%
95%
99%
103%
93%
93'A
101'A
103%
ref
&
3Vis
M
Tel
&
1978
debentures
debentures
& 111
*104
*102
Gtd 4s series E trust ctfs
1977
90%
5s
series G
1978
82
80
82'A
132
72
90'A
1949
25%
25
26%
272
18%
31%
80%
82'A
63
71%
90'A
79%
82'A
186
71%
90%
61%
62'A
14
60%
68%
A
1980
82
1981
82'A
H
1st gtd gold 4s
Ry 3%s series B
3s
debs
•
99'A
—
104
General
4'As
102%
Gen
57%
58%
98
54%
81%
45
68'A
83%
74'A
75'A
31
91
1986
91
1_
1978
64%
75
88 %
—
a
Chattanooga & St Louis—
Naugautuck RR 1st gold 4s
New England Tel & Tel 5s
A—u
1st gtd 4%s series B
84%
91%
*84
89%
100
100'A
97
100%
*103'A 103%
102
103%
105% 105%
102%
105
*97'A 101%
96%
99
100 %
101
101'A
105%
118%
•
*100
101% 101%
1952
115%
117
117
100% 100%
New Jersey Bell
Telephone 3%s
N J Junction RR
gtd 1st 4s
1988
103% 103%
101%
New
1974
•103'A 104%
99%
98
101
fNew Orleans Texas
A 1st 5s series B
A Certificates
\
\
'
i
"
._1953
a Certificates
A
Cons
Ref
■
&
series
100 %: '104
1Q3'A 103%
!
107%
4;
81
94%
92%
80
93%
84%
deposit
90%
78%
9?%
.
1956
deposit
"
85
1954
84%
—.
97%
96%
RR Co—
A
-1998
impt 4%s series A
—2013
& impt 5s series C
2013
Central & Hudson River RR—
N Y
General
mtge 3'As
3'As registered
Lake Shore coll gold
I,
3'As
J,
1997
1997
-1998
59%
1998
*56%
1998
3'As
registered
59%
.
Mich Cent coll gold 3%s_
3'As
v
\
registered
Eastern 4s
;
*57
1998
Pekin Union Ry 5%s
&
Ry 3%s ser D
5s
60'A
60
60 Va
63
&
West
2%s
2%s
1971
1967
101'A
2%s
—1974
100%
—
&
ref
ref
1981'
1978
2%s—:
&
2%s
t§ a Philippine Ry 1st s f 4s
a Certificates
of deposit
*__
72%
1973
4%s series B
1973
N Y New Haven & Hartford RR—
;
J.
i
1st
I
Harlem
A
J,
ref
Gen
4s ser A
mtge
A
*.
79%
River
&
Port
1955
4s
£'
NY Steam Corp
Y
State
Elec
,5AGeneral
*103'A
10%
10'A
•i
__
,
(
•j,
\
,
1st 3%s
gold
5s
——1940
1st gold 5s
1943
Telephone 2%s ser D„——1982
Ref mtge 3 Vis ser E
1978
Ref mtge 3s series F
1981
Niagara Falls Power 3%s
1960
Norfolk Southern Ry Co—
A Gen mtge 5s conv inc
2014
Norfolk & Western Ry 1st gold 4S-1996
Northern
Central
& ref 5s
Gen & ref 4'As series A
For
118
105
110
25
104'A
108%
100%
.101'A 101 %
100% 100%
29
' '
98 'A
102
97
100
99 3/4
7
96%
99%
5 ' 0'
98%
101'A
99%
25
101'A 102'A
10'A
-
10'A
9%
5
''
*9%
102
1964
1996
98 7A
10'A
—
—'
102'A
98 7A
"
15
1
14
13%
8%
99
102
94'A
106
*102% 108
1st
&
*103'A
*107%
*113%
99
•»
106
rpf mtge 8s
.
110%
—
101'A
•
2
10
2
92'A
84%
99
89 VA
103'A
100'A
103%
100
103'A
79%
93
81%
93
92
*108
110%
—
101 % 101%
91
110%
103
5
100%
101
103
13
*100
90%
111
3
68'A
*„
113%
109
—
106'A 107
87'A
106%
„
—
106% 106%
111
15>
—
~3
100'A 100%
79'A
107%
99
93
•
93
117
101%
105
*„
99%
*107'A
1968
99%
2
100
108'A
101%
151
215
215
'''
——
22
'
81
101
90
105'A
—
*146
2037
101%
109
*104
72%
106 %
101%
*106
1972
„_2037
mtge 3s—
•109
'*105•'
1956
4s
ref mtge 5s
gen
footnotes see page 29.
4'A
101
105'A
142
145
210
216%
'I'"
i.V:I
5
98%
100%
—
10%
Reading Co 1st & ref 3%s ser D„ 1995
4%
63%
Rochester
107
107'A
Gas
& Elec
mtge 4'As series D
mtge 3%s series H
Gen
mtge
__
V
44
35
21'A
21%
44'A
35
35
21%
*73%
9 8'A
4
108%
102
.<
J.
82%
40
tARut-Canac:an As
tSARutland RR 4%s stamped
12%
'
29
73%
10
102'A
series
32
i-
108% 108%
3'As
series I
30
^
•
8
'
98%
77
104'A 104'A
102
16
mtaf>
3%s
98%
101%
7
12"
105
99%
101%
Saguenay Power
106%
4
atar-.pru
78%
93%
109%
St Lawr
& Adir
3s series A
1st gold 5s-
2d
49
92%
127
__
-
129
109%
9
105
108
gold 6s —;
St L Rocky Mt & P 5s stamped-.
St Louis-San Francisco Ry Co—
116
1st
-
series A———.
mtge inc 4'As ser A—Ji
mtge 4s
A 2nd
,
93%
31
83'A
93'A
103'A 103'A
17
103'A
103'A
91
93%
103'A
Corp—
Gen
Gen
107'A
1974
1974
Tobacco'3s debs—1973
Reynolds (R J)
62
N Y
:
ref
99% 100
§ATerminal
"
99%
1977
Gas 2%s
&
1053
IN Y Susquehanna & Western Hit—
5 A 1st refunding 5s
1937
§A2d gold 4 %S
1937
4
112'A
~5
—
109
97%
Quaker Oats 2%s deb.
1954
General
'
N
103%
Chester—
NY Power & Light 1st mtge 2%s—1975
N Y & Putnam 1st cons gtd 4s
1993
i
93
68
25%
mtge conv inc 4%s ser A-2022
JAN Y Ont & West ref 4s—June 1992
i
10
98
,
106
I:;
99%
101'A
„Cpns gtd 4s series P——_———1953
Con& gtd 4s series Q—-i—1957
Cons gtd 4s series H
1960
Cons gtd 4'As series 1—:
1963
Cons gtd 4%s series J
1964
Pgh Cine Chic & St Louis RR—
Gen mtge 5s series A
1970
Gen mtge 5s series B
1975
Gen mtge 3%s series E__
1975
Plttsb Coke & Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%'s debentures
1965
Pittsburgh Steel 1st mtge 4%s
1958
Pittsburgh & West Virginia Ry—
1st mtge 4%s series A
1958
1st mtge 4%s series B
1959
1st mtge 4%s series C_
1960
Pitts Youngstown & Ashtabula Ry-—
1st gen 5s series B
1962
1st gen 5s series C
—.——1974
'1st gen 4%s series D
—1977
CPittston Co 5'As inc debs
1964
Potomac Elec Pwr 1st mtge 3%s—1966
1st mortgage 3%s
1977
1st mortgage 3s
198,3
1st &
2007
1st 4s
.
f.
&
103
111%
103%
.
*99% 100
A
'
107%
io
1937
Phillips Petroleum 2%s debs
Pittsburg Bessemer & L Erie 27/sS
Pgh Cine Chic & St Louis Ry— •
1st &
2043
series
■
—
100% 100% v
100%
ref
.1st
*101
2043
4s
>
105'A 105%
ref
Public Service Elec & Gas 3%s
Lack
109
ref
Providence Terminal
2000
*114
&
90
Y
97'A
■
&
98%
Mtge 4s series A
Mtge 4s series B
*104%
&
88
N
13'A
1st
99% 100%
i
106%
58%
1st
*90
N Y & Harlem gold 3%s__
103%
5
27
1974
B
series
1951
!.
343
'
v;':'2o^y-
107%
107
1980
1975
ser B
4s
89%
93
87
87
Apr 1890
1974
1988
gold
100'A
78'A
104'A
16
97
1st
97'A
99%
10
100% 102
87
61'A
*94%
Connecting RR 2%s
103'A
101%
15'A
1980
N Y Dock
•
1
94
61'A
NY
!
57
1960
ext
New York Chicago & St Louis—
Ref mtge 3'As ser E
1st mtge 3s ser F
i
99% 101'A
1952
3 Vis
1st
Ref
•
'
102
80%
D
of
Central
4s
103%
deposit
5%s series A
Certificates of deposit
New York
102%
*104% 105%
__
Ry—
1st
A
—
1950
of
A 1st 4%s series
■
*98'A
1954
of
A Certificates
■f
J
gtd 4s
A 1st 5s series C
-
r!*!.
—1952
& Mexico
99
•
•
102%
Ney Orlpaps.Term 1st
„
}
101'/a
series C__—-1977
Philadelphia Co coll tr 4Vis
1961
Philadelphia Electric Co— - •
1980
New Orleans Great Nor 5s A_
1983
New Orleans <te Northeastern RR—;
4
94
1984
Income 4s
General
103%
Ref & Imp 4'As series A
43
1st
1982
Light 3s
99% 101'A
General gold, 4%s
•
'•*
1961
„.
101 '/a
162
/,
Phila Bait & Wash RR Co-
1954
—
103% 110
1981
series D
105'A 106'A
110
1963
conv
Peoria &
117
106%
1968
debentures
3s
104 %
101%
112
1147/s 116
1985
93'A
100 %
3
*102'A
12
115%
1965
3'As
deb
101'A
97%
100% 101
103'A
9 7'/a
1960
B
series
mtge
102%
.
series F
Peoples Gas Light & Coke Co—
Gen
104%
100% 101
1965
*
mtge 4%s series E
Conv
60%
79'A
75%
1955
debentures
f
s
5s
81
_1955
debentures
101%
—
—
3s
Pennsylvania RR—
>
Cons sinking fund 4%s
General 4%s series A
General
58'A
2000
1st mtge 3s ser B
1980
National Dairy Products 2%s debs_1970
3s debentures
1970
National Steel Corp 1st
mtge 3s
1965
National Supply 2% s debs
—„1967
'
106 %
1952
80'A
Pere Marquette
,
102%
Pennsylvania Co—
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power & Light Co—
1st mtge 3s
.1
1975
51%
&
102'A
Pennsylvania-Central Airlines—
A3Vis conv income debentures—1960
90
71%
Power
104'A
100 3*
80
30%
Jersey
104
71%
446
5s series
100%
—
—
47
458
series I
97%
101
101
*104'A
*100%
__
Paterson & Passaic G & E cons 5s_1949
Peoria
;v
106'A
73
44%
!
101'A
103% 103"%
142
12
82%
debentures
104%
82'A
1958
3s
98%
97%
79%
*101'A
.
93'A
103%
f gold 4Vis—1955
s
96%
90
97
97
1983
1st
98
*100% 102
76%
*104'A
i
I_
1986
1987
1978
103 3/s
82
79%
Jan 1967
& Essex 1st
gtd 3Vis
Constr M 5s series A
Constr M 4Vis series B
Mountain States Tel & Tel 2%s
i
1985
99%
1963
A
1966
;
debs
debentures
Co—
Morris
i
1980
1982
debentures
Paducan
Monongahela
Nashville
2%s
Tel
R—
ser
3Vis
72%
Co
99'A
3 Vis
84%
69%
49%
79%
&
99
-1981
3 Vis
93%
57%
79
85
1991
3 Vis
83
7
41%
(John)
93'A
Pacific
101%
82
gold
97'A
1st
66
44%
ref
103
97'A
1977
series N
1st & ref 2%s series Q
101%
72%
Moh'k & Malone
Morrell
ioi%
—
1975
ref 5s
98'A
ref 2%s series P
F
&
103
101% 101 %
ref 3s
series
&
98
&
5s
a 1st
102% 103'A
&
1990
ser
102'A
1st
RR—
series
gold 5Vis
103%
1979
1st
ref
&
AConv
98%
100'A
1st 4s
4s
a 1st
102% 103
106%
ref
1st &
102%
96
33
33
RR
104%
1974
&
103%
8
87
& ref 5s series A
a General
a
5s
87%
53'A
D—_
1971
L
ref 3s series
52
B
104
series K
9 8'A
2%s
Jan 1971
A
98%
103
ref 3s
87
series
Pacific
*101%
1967
104%
103
1st
53%
series
series
lien
*57%
103
103
1st &
Jan 1991
Missouri-Kansas-Texas
5s
80
8IV2
103
100%
A
ser
Mo Kansas & Texas
lien
' 108%
1970
102%
Marie—
A
ser
mtge 4s inc
Prior
99
*102% 104'A
1940
2%s
Sault Ste
1st mtge 4Vis inc
a
*„
100%
'
_
—
—
105% 105%
1969
t§AMidland of N J 1st ext 5s
Minnesota
106
*106
1966
1st & ref 3s series M
102%
Central—
1st gold 3%s
Ref & impt
Minn
101
1
1988
1st & ref 3%s series I
1st & ref 3s series J
debentures
Michigan
1977
1967
1967
—1969
1949
1941
*—
*
107 7A
*106%
106
*9%
123'A
—
107'A
108%
__
107'A
107'A
104
106
106
10
,i
Volume 169
Number 4771
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
»
,
..
'
:
„
h
(401)
.i
29
.
,(
NEW YORK BOND RECORD
RANGE FOR WEEK
Friday
BONDS
Interest
New York Stock Exchange
/',.
J
Week's
Last
or
Sale Price
Periodj
Louis-Southwestern
1st
4s
2d
bond
4s
inc
1989
M-N
.
ctfs
Nov 1989.
Gen & ref gold 5s series A
„__1990
Paul & Duluth 1st cons gold 4s_1968
St
St
Paul
Union
Dept 31/88 B
Scioto V & N E
Seaboard
A Gen
(Jos
E)
Oil
&
&
Nor
RR
Southern
J-J
Southern
Ry
101%
101'/a 101%
68%
97%
98%
102%
61 %
96
102
92%
97
56%
4
F-A
J-J
1994
J-J
1977
MS
101
1969
M-N
94
92%
94%
M-N
91%
90
■
92
97%
44
102%
J-J
91%
Pacific
2%s
Southern
1st mtg
Pacific
1st mtge 27/sS
1st mtge
A
RR
3%s
A-1975
I
1986
74%
1996
J-J
1961
J-J
1994
J-J
series G
1st
100%
Devel
&
gold
gen 4s series A
Devel
Sc
gen
6s
series A
1956
&
gsn
6'/2s series A_':
1956
1996
1956
Oil
(N J)
debs
Co
25/8s
deb 2%s
5
Iron
78
76%
Gen
98
v
104
3
.
97
*103 %
95%
mtge 4s inc
&
Texas
Corp 3s
Texas
&
2019
deb
New
Orleans
ref
M
3'As
series
ref
M
3%s
series C
Pacific
Gen & ref M
Texas
Third
A
of
B
gold
1970
New
105 7/8 106
J-D
.1985
Ry 1st ref 4s
income 5s
Trenton
22
1960
8
103%
88%
118%
M-N
M-N
16
94%
2
92%
*100%
11
66%
3%s series I
37%
64%
*101%
1961
M-S
99'/2
97%
101%
100%
99 %
106
2361
•
A-O
guaranteed
99
5
94%
99%
2
85/
97%
107%
103
2
106%
55'A
47%
*52
*98
;
M-S
4s
100
90
106
*•
98
101
1
106
109
0
105%
107%
1
106%
109
101 %
106
-106
107
J-J
1st
90%
99
:
M-S
&
Mfg
2'/as
107
109% 109%
69%
61%
63%
37
59
61
63%
—
•
101%
May
62,
24
57%
77
97
101%
5
98
103%
14
95
102 \
102
101% 101%
67 %
99% 100
—
mtge 3'As
Co
&
series
1st
§ A 1st general
101%
17
8 8'A
86 %
78
80%
94%
101% 101%
4
99 Va
101%
5
96%
99%
85
85%
99%
101 %
J-J
M-N
'
VY:"
99%
99%
101
101%
119
101 ii
„
101 Ji
:i„ 1
*94'/4
J-D
1970
3s
M-S
J-J
J-J
J-J
34
93 Va
100'/a
99%
99%
10
94
100'A
103%
4
101%
4s
-75%
73%
75%
Electric
Wisconsin
Public
113%
46%
49 %
77%
64
77
49,
240
'
70
J-J
1936
M-N
J-D
96%
J-J
*104%,
75'/a
19'A
ACertificates of deposit
Wisconsin
104
111'A
*112% 113
Ry—
A Certificates
of deposit
§ ASu & Du div & term 1st 4s
i
94'A
98 %
103
103
A-O
1960
103%
94 %
97%
'
99%
1958
*
102%
99
10142
—
*
1967
4s
101 %
M-S
1992
D
1st
101 %
J-J
1949
B
101%
J-J
1973
mortgage
S
Central
101%
/ M-S
IP7!
debentures
conv
101%
M-N
1951
debentures
{Wisconsin
85
161
*100
1967
Power
Winston-Salem
102%
69%
44%
M-S
1950
1966
Wilson
102
99
69%
43 %
gtd
15
90
F-A
2361
1st
100%
42%
A-O
stpd
5s
3%s
lfitge
Shore
99
99
debentures 3%s_lS76
Co—
(subordinated)
83%
85
75
79
99
99
Wheeling Steel 3'As series C___
127 V2
J-J
100%
102
74
*76
Apr
Gen & ref M 2%s series A
98%
1
J-D
101%
101%
*82
Apr
Apr
Wheeling & Lake Erie RR 4s____—1949
106
49
100% 101'A
,
1971
Union Telegraph Co—
Funding & real estate 4%s
1950
25-year gold 5s_w_-i.—1951
30-year 5s
1960
101
93%
Jan 1960
Tri-Continental Corp 27/8s debs
103%
Western
116%
96%
98
ref & impt 33As__1960
Gas & Elec 1st gold 5s
1949
& Ohio Cent
*101
1st mtge 4s
1952
Western Pacific 4%s inc A
Jan 2014
98%
94%
101 Va
A-O
Western Maryland
100 %
98
J-D
92 %
1973
Registered
100
119% 119%
96%.
J-J
3%s__1974
98'A
68
107-
100 Va
Pacific—
Orleans
Ave
Adj
106
A-O
98
series A—__Jan 1981
conv
debs
Penn
West
96%
114%
100% 101 %
A-O
1990
2000
5s
37/sS series E
Pacific-Missouri
Term RR
Tol
1st
M-N
J-D
Gen
West
97%
92%
:
101 Vs
M-N
93%
-:
95%
jl
*115%
A-O
109
6
102%
98
RR—
1st &
&
t
1965
1st &
Texas
J-J
1985
101
99%
97 %
J-D
2.65s
imp M 4s series C
imp 27/8s series D
99%
103
97%
Westchester Ltg
Terminal RR Assn of St Louis—
&
*99.16 100.24
F-A
57%
27
„
112%
*103
A-O
100%
101%
5%s
105%
97
*97%
*101
103
106 %
A-O
G & W 2%s'debs_1966
(Hiram)
Baking
2%s
Ref
M-S
J-J
1970
46%
•»—
96
101 '/a
54
__
108% 109
Warren RR 1st ref gtd Bold 3%s__2000
Washington Terminal 2%s ser A__1970
104'%
93%
„
*102%
109
109'
102
54
94%
1995
mtge 3'As series B
Ward
110
102%
4
% 103%
105%
4
1958
Westinghouse El
Ref
A-O
1st gold 5s—1949
gtd 5s
2003
1st
105%
105%
100% 100%
113%
103%
*51%
M-N
M-S
1963
Coke
&
105
1
RR Co—
Walker
'
98
105
108
96%
J-J
'
1978
5s
Walworth Co
94%
120
-
91%
58
.
109
J-J
1973
M-S
mtge inc 4%s series B__Jan 1991
1st
84%
90
110
74
15
F-A
1972
•
debentures
84%
103
•
97%
97
W
"
89%
17
103
.
Coal
cons
Wabash
102
80
96
97
103
95
93%
75
—
84%
99%
•16
108
M-N
1971
87%
*-.111%
Apr
1966
debs
74%
•
106% 106%
M-N
1966
Sunray Oil Corp 2%s debs
98
A-O
1983
1975
1st lien & ref M 3'As ser C
95%
•
113% 116
•
101
'"
99
84%
*94
..
109
J-J
1985
Spokane Internat 1st gold 4%s__2013
Standard
87%
74
lu57
:
104
85
series A—1955
debentures
conv
& Southwest
99 Va
92%
4s
g
series B—
Virginian Ry 3s series B
967/a
95%
8
81%
r.'
A-O
1951
Southwestern Bell Tel 23As debs
3 %s debentures
Calif 23As
102%
150
84%
116
cons
f 4s
Va
91%
7
100% 100%
J-J
5s
cons
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
of
98%
RR
s
Va
124
76%
85%
A-O
Oil
106
90%
105
106
3'As
'
A-O
Devel
Standard
*—
Cons
Gen
2%s series F
Ry
95
J-J
,
F-A
M-N
High
96
1
*76
Virginia Electric & Power Co—
1st & ref mtge >2%s series E
1st & ref mtge 3s series F—
96
1001.4 101 %
Co—
*95%
1st
11
98
—
J-D A
ser
series E
1st mtge 2'As
Southern
94%
*96%
Co—
4%s
San Fr Term
95
1
94
A-O
debentures
Vandalia
101%
122
—
__
94
M-S
97
22
96%
A-O
102
100% 100%
1967
74%
92%
101% 101%
96%
100%
127%
35
1963
■
&
97%
*26%
101%
A-O
M-N
1948
102%
127
47
96
J-J
1966
1976
debs
2%s debs:
year
Low
'jC
—
100
32
69%
93
J-D
2%s
23
69
96
A-O
__
Biscuit 2%s
Rubber
Range for
Sold
NO.
High
Universal Pictures 3%s debs——1959
3
J-J
F-A
S
93
—
J-D
97%
U
103
—
*127
—
80%
89%
1
1987
4%S: (Oregon Lines)
4%s
Gold
2%s
5
20
Co—
.*
Indiana
Bid & Asked
Low
109
Bonds
Friday's
or
Sale Price
Period
'
1985
Tel
debentures
Swift
V'.V:'
__
1971
gtd 5s
&
Week's Range
Last
Interest
High
98%
.
*100%
1966
debentures
27/8s
A
88%
1979
Tel
2%s
Gold
88%
1981
Bell
""
:
New York Stock Exchange
United
*98
M-N
Jan 2016
2!/2s
debs
debentures
1st
Low
40
101% 102%
:
A-O
1989
;
Sons
2V2s
Ala
No.
—
Southern
3s
102%
J-D
t§ASilesian-Amer Corp coll tr 7S—1941
Skelly Oil 2%s debs
1965
Socony-Vacuum Oil 2%s
1976
South
High
BONDS
1948
year
Co—
RR
4s series A
Union
Range for
Sold
108% 109%
88%
J-J
1996
gtd 4s
109%
J-J
1971
mtge 4%s series A
Seagram
Shell
1st
Air Line
1st mtge
Bonds
Ry—
certificates
bond
JANUARY 21
Friday
Friday's
Bid & Asked
Lou>
St
ENDED
Range
47
43 »A
30
Power
2%s
1976
Service
3%s
1971
96%
10
—
96'/a
93
—
103
105
101 %
99%
95
TOO
Yonkers
Elec
Lt &
Power
2%s
1976
J-J
92%
94
U
Deferred
a
Union
Electric
1st mtge
of Mo
Co
& coll
3%s
1971
trust 2%s
debentures
3s
Union
Oil
2%s
Union
of
2%s
1968
mtge
108%
108 %
108%
100
A-O
100
M-N
*101%
1967
deb__
3s
J-J
*104'/a
J-D
2'/2s
1976
series
F-A
1991
C
M-S
not
included
the
Bankruptcy Act,
100%
101%
101
—
104'A
36
103
93%
included
100
96
~
102
93%
109%
105%
99% 100%
RR—
debentures-'
Ref
"
1970
Calif
debentures
Pacific
M-N
1975
96%
21
101
96%
6
87%
93%
delivery
in
the
sale
not
included
SNegotiability
impaired
or
as
by
ABonds
year's
d Ex-interest,
range,
sale not Included in
e
Odd-lot
the year's range,
r
not
sale
Cash sale
maturity.
f
>''
being in bankruptcy, receivership, or reorganized under Section 77 of
assumed by such companies.
securities
♦Friday's bid and asked prices;
94
the
year's range
n Under-the-rule
the year's range,
y Ex-coupon.
in
{Companies reported
102%
in
selling flat.
no
sales being transacted during current week.
>
NEW YORK CURB EXCHANGE
WEEKLY
i
in
a
AND
YEARLY
RECORD
NOTICE Cash and deferred delivery sales
footnote In
the
In the
week
in
which
they
are disregarded in the week's range unless they are the only transactions of the
week, and when selling outside the regular weekly range
occur.
No account is taken of such sales in
computing the range for the year.
following extensive list
furnish
we
are
shown
complete record of the transactions on New York Curb
Exchange for the week beginning on Saturday, Jan. 15,
and ending the current
Friday, Jan. 21. 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. ]
'
a
RANGE FOR WEEK ENDED
JANUARY '>1
Week's
Friday
STOCKS—
New York Curb
Last
Exchange
»
ACF-Brill
Acme
Aluminum
Acme
Wire
Adam
Aero
Co
Surpass
Ainsworth
Shoe
Associates
Investors
Convertible
Electric
Great
Alabama
Power
* Alaska
Alles
& Fisher
Allied
,
•
Allied
4.20%
Bros
$3.75
Goods
Industries
Aluminum
Ltd
American
Beveragt
'American
Book
Class
Cities
4%
91
92%
4Vp
17
__1
5%
51%
100
95
8
49%
American
4 % %
Gas
&
class
&
A
page
1,100
17%
-
250
300
5%
8
25
51%
5,600
Light—
2%
"
American
Meter
American
Potash
5
Dec
Dec
7
May
Oct
Nov
Apr
Amer
5 %
Nov
22%
7%
12% 74 ov
"46
Apr
22
Jun
$6
B
>
preferred
Thread
preferred.
American Writing Paper common
5%
Feb
High
3% May
Dec
40
Jan
32%
Dec
13V4
Dec
43%
21%
Jun
23
Dec
32 %
Jan
15%
Jen
Feb
22
Oct
33
Nov
Dec
18
Jun'
14
6,300
3
Feb
7
10
100
10
Dec
13
40 %
41
200
38
Mar
51
26
26
200
x22
Nov
36
700
X21%
Nov
36%
4%
10
26
25%
24%
26
10
24%
23%
24%
5,000
3%
300
•lit
15,800
_2
3
10c
*
61
U
18% Mar
Feb
3
% Mar
Jun
Oct
Jan
1
Jan
Jan
27% May
5%
Jun
1% May
150
4214
Feb
72
Oct
-8
4%
4%
100
4%
Dec
5
Jan
-8
5%
5%
.•..400
5
Nov
9
Jan
514
100
5
Dec
8%
Jan
7%
100
5%
Feb
8%
Sep
1,050
13 V4
Sep
19%
2%
Oct
61
.
Dec
Anchor Post Products
2
5%
Jan
Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—
1
7%
Jun
Aug
Jan
Angostura-Wupperman
—
G5 Va
Dec
Jan
Apex-Eiec Manufacturing Co
Argus
:.
V 90
Amer
dep rets ord reg
;
5 '/a Mar
7%
Jun
550
16 % Mar
19 %
May
31
Feb
41%
Nov
107
Sep
113% May
Inc
•
—
10
15%
7%
.
17
_7%
500
x8
240
107 % 108%
3%
98%
Dec
Jan
4
12%
Jun
Jan
Apr
108% May
~7
10%
3%
3%
700
3%
Dec
6% May
6%
•
Common class A non-voting
preferred
17
100
1
Arkansas Natural Gas common
6%
£1
-1
1
Appalachian Elec Pwr 4%% pfd
1,000
225
4%
2
56
2 %
111% 111%-
4%
1%
28
3014 July
•Mar
2%
...
1948
May
Dec
10,200
200
13
Nov
...
15,100
14%
98
l'/8
40%
18%
'28
1 l/a
39 %
17%
14%
Dec
100
407/«
18%
*
—
—-
series
American
450
14%
A—
Republics
Seal-Kap common
Superpower Corp common
1,100
36
25
Mar
5%
"v
Jan
69
Dec
Class
1 %
6%
25
24%
♦
class
American
15%
Chem
1%
18
24%
20
Co
&
1 %
6%
50
1
1 %
17%
25
13%
common
1%
—
34
13%
25
49%
,
34
1
25
Co
American
4
89% Aug
2,100
275
25
Maracaibo
American
Jan
22
51
1,500
common
Metal Products
Sep
Nov
200 '
100
Mfg Co
Oct
„
10
-
94
450
1
33.
105
Jan
26
_♦
com
Feb
87
95
6%
2%
29%
Jun
8% May
79
I
2 Va
Co
year
Low
29%
preferred
Rubber
Range for
Low, High
,
2%
preferred
4 Va
,'r
100
________100
see
4%
25
38
Hard
Shares
29%
Laundry Mach
American Light & Trac common
6 %
for Week
1
50%
1
1
common
Electric
"•
.
26
•
;
preferred
For tooinotes
American
>
Feb
94%
6%
common
Hoe
3% May
Oct
Apr
5%
convertible
2%
common...*
—
&
American
2%
20
.
5
Co-——
B
American Fork
9% Apr
36
-
1,200
91
__♦
Co
-
6
92%
common
Power
Dec
5%
—
American
'Dec
9
7%
Sales
Range
of Prices
10c
preferred
American
6% Aug
14% Jun
200
8
Car
3% Mar
900
1
common
common
Bantam
Nov
1%
600
,_1
Corp
Mfg
American
$2.50
American
6%
—
36
convertible
Apr
3
5%
Jan
$2
6% Aug
1,200
-■.v:
9
Nov
Par
American General Corp common
Oct
3
100
preferred
Aluminum
Aluminum
i
pfd
America
cumulative
1%
V
Sale Price
Week's
Last
New York Curb Exchange
.<
3% May
5% Mar
Dec
4
8%
common
of
31%
300
6%
3
Altes Brewing Co_——
Altofer
;Aluminum Co
280
4%"
8%
_1
(Mich)
32%
%
6%
50
Investing
'
2
10
Appliances
common!
Products
400
1%
1948
High
Nov
1
Inc__(
Internat
3Va
;•
2
Soutnern
Airlines
1
4%
year
Low
200
5
J)
preferred
Air-Way
t
(N
common
Alabama
'
4%
•
common
Inc
Hiqh
V/a
31 %
1
Stores
Range for
2%
1
10
Inc
Friday
STOCKS—
Shares
1%
1
Mfg
Air
Air
.
Alloys
Supply Mfg
Agnew
Low
l'/8
common
Stores
Hat
of Prices
Par
Motors, warrants
Sales
for Week
Range
Sale Price
7
1,700
4%
Feb
8% May
6%
7
4,600
4%
Feb
8% May
10%
10%
>
700
10% May
11
Nov
f
30
CURB
YORK
NEW
RANGE FOR WEEK
Monday, January 24, 1949
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(402)
EXCHANGE
ENDED JANUARY 21
Friday
Last
Curb Exchange
Range
of Prices
•
$7 pfd
Arkansas Power ft Light
Aro
America
Tel class A
Laundries of
Assc.*icted
Associated Tel ft
Coast Fisheries
Atlantic
Atlas
1
ft Sons common
6% preferred
Ayrshire Collieries Corp com
Avery (BF)
14%
1474
Dec
8%
Jan
Commodore
%
Dec
1%
Jan
Community Public
6%
Feb
23%
Dec
Compo
2% Mar
4%
Apr
6474
Dec
Feb
17%
Dec
3%
Dec
6%
6%
Feb
9 74 May
9%
Dec
26
July
1574
Feb
27
Utilities
Gas
Liquidating Corp
Consolidated Mining ft Smelt
Consolidated Royalty Oil
Consol
16% July
Feb
Jun
900
15
4%
Consolidated
Apr
100
100
1
V
5
10
preferred—
preferred series O
series B
4%%
May
24%
1
•
1956
to
Vtc ext
774 May
32
Service
Shoe Machinery—
Ltd
Continental Car-Na-Var Corp
Continental Fdy ft Machine Co
Cook Paint ft Varnish Co
Brewing Co common
Range Co
Cornucopia Gold Mines
1
*
52%
Babcock ft Wilcox Co
Locomotive—
Baldwin
7 %
2,100
54
Baldwin Rubber Co
7 74
Barium
:
shares
Steel
Barlow
1
Beau-Brummel Ties common
1
Beck
1
Shoe Corp
Aircraft
Bell
of
Tel
Canada
5
33%
33%
17
Dec
May
7
Dec
Dec
Jun
Jan
3%
Apr
39
Oct
7% Nov
26%
35%
Nov
33%
8%
2674
•
10%
Jan
Jan
2874
Sep
Apr
35
Sep
Sep
18
Jan
19
31
35%
13%
6%
1
common—
7% May
974
33%
8%
*
ft Hedges common
Convertible preferred
574
1%
9%
1
Benson
Blckford's Inc
5 74
10
5
9%
25
common
Benrus Watch Co Inc
16
74
,
.
974 May
14% Aug
2%
Feb
474 May
674
1
Nov
6% Mar
Blrdsboro Steel Fdry ft Mach Co com.*
Blauner's
common
3
'i
Blue Ridge Corp common
Blumenthal (S) ft Co common
1
•
2%
Dec
•
26%
28%
23
Dec
50
66
66
Dec
80
21%
30
Dec
11
Jan
16%
5.%
Co
(Md)
Internat'l "A" partlc
Crowley Milner &
Crown Cent Petrol
Co common
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
Crown Drug
preferred
5%
Tobacco
Cuban
Curtis Lighting
Mfg Co
Curtis
29%
Feb
Feb
3%
Nov
400
•
25% Mar
350
Feb
Oct
Oct
774
,
Feb
39
5% May
30
Oct
,
Jun
8%
70V
7%
200
62
110% 111%
1,300
55
Dec
50
107
Sep
11474 May
103%
330
Nov
107
10
10%
1,400
8%
17%
17%
500
xl6%
Dec
100% 102%
7%
61%
2,700
7274
Feb
11274
Nov
2% Mar
5 %
July
2%
Jan
60 %
100 %
103%
1074
17%
102%
.3%
3'4
3%
100
1%
1%
13%
6%
95%
1,700
-
Feb
Jan
Jun
1174 Aug
Aug
49
11%
Dec
Feb
157/a
Oct
26
13
Dec
40
Jan
174
100
1%
Nov
2%
Jan
2%
2%
400
11%
12%
2,200
Trt
%
1.600
8%
2%
1274
8%
300
8%
Nov
4%
900
374
Jan
1574
500
13%
15% May
5%
2,500
Jan
Feb
42
Dec
50% May
Oct
Feb
474
Jan
53 74
Jun
1%
Jun
4%
4%
15
574
5%
41
25
41
41
37 %
3774
38%
8,600
IS
1.500
7%
1,000
%
7
7
•
Feb
8%
4%
37%
U Dec
6% Feb
Jun
9
5%
Feb
11%
Dec
100
2%
NOV
1%
200
1%
Nov
3
Apr
Dec
35
174
50
31
17
17%
4,900
10
103
200
6%
5%
common
26
1674
100% Mar
5%
Dec
474 May
2.50
I
10% Jun
974 May
50
2%
103
Jun
97/a
1,300
30
17%
Dec
Apr
May
6
2%
13 74
—
74 May
11%
6%
13%
~5%
574
13 74
17% May
% May
574
16% Dec
374 May
Apr
■
-v Jun
20% May
104 74
J*u
1174 May
Jan
8
14%
14%
100
13
Nov
1774
32
Inc common
(Mo)
May
13% Mar
4% Dec
5
1
•
1
5
•
25c
•
10
5
100
Brewing Co
Cork
3%
2,400
29%
7%
(ord reg)—£1
Crosley Motors Inc
Crown
15,700
33%
5%
150
32
Dec
Oct
74 Aug
1674 Nov
*
1
50
Creole Petroleum
Croft
7%
Jun
100
65%
Courtaulds Ltd—
American dep receipts
1,
9 74 May
Dec
10% May
Bohack
41/8
Nov
39%
4%
29
High
Low
3%
400
3
Reynolds common
$1 preferred class A
Cosden Petroleum common
5% convertible preferred
Corroon &
Jun
Aug
18
Jan
Dec
r
7%
Feb
9%
6
1
common—,
Jan
10%
5%
ft Co common
(AS)
11
10%
1
Baumann
Bellanca
Jan
15
B
Basic Refractories Inc
(L)
Jan
474 Mar
20,500
1
Corp
ft Seelig Mfg—
$1.20 convertible A common
Dec
14
5c
*
1
Inc
Coro
38% Aug
1074
500
8%
874
1
common.—
Banco de los Andes—
American
Jan
34
100
3 6 74
36 74
preferred
Copper
66% Sep
3%
1
1
•
Cooper
Feb
45
.
;
5
2,400
6%
474
4%
%
38%
29
Range for year 1918
High
4 74
3874
25
1
25
Co
Inc
Hotel
Consol G E L P Bait common
Jun
48%
100
warrants
Colt's Manufacturing
VX 3%
100
7 74
7 74
1074 1074
7 74
574
1,200
5%
—
*
5
28
2
Machine
Automatic Voting
Colorado Fuel ft Iron
100
—
.
Colonial
Jun
13,100
19 74 20%
20%
—1
Steel Products Inc
Automatic
574
574
Corp warrants
Plywood Corp
Atlas
Jun
100
5174
51
—
14
23
100
374
374
—
Dec
Feb
600
21
21
—
50
Atlantic Coast Line Co
%
%
Sand & Stone Co
7%
12%
Shares
5
6 :V
4 74
4%
1
1
Airlines
200
774
%
774
774
'■■■
£1
•
•
1
American dep rets reg
Colonial
2,200
1974
19
19%
Industries—
Associated Electric
115% Aug
for Week
Low
Par
400
8%
7%
7%
1
Co
Ashland Oil ft Refining
30
11374 113 74
—
2.60
Equipment Corp
Range
of Prices
High
Feb
112
Exchange
New York Curb
1948
Low
High
Low
Par
Range for year
Shares
Sales
Week's
.
Last
Sale Price
STOCKS—
for Week
Sale Price
STOCKS—
New York
Sales
Week's
Friday
(H C)
Co common
574%
prior cum pfd
Borne, Scrymser Co
Bourjois Inc
18
25
3
6
•
Brazilian Traction Light ft Power
Breeze Corp common
•
16%
1
5%
Bridgeport Gas Light Co
Bridgeport Oil Co
•
13%
•
Brlllo Mfg Co common
Class A
•
British
American
Amer
•
Co—
Co
Mills
Ltd
July
8%
Oct:"
1374
£1
874
Oct
12% Feb
1%
Sep
2% Jan
23% Sep
10%
•
10%
common
10%
300
4%
5
>
2,000
600-
9
9
9
1
"474
5% July
y-
74
1%
1274o
25o
15
"2%
400
23
400
dep
12
May
Dec
32
Jun
Dominion Bridge Co
Oct
Dominion Steel ft Coal class
Domestic Credit Corp class
Ltd
r<s
1%
1%
174 May
13%
Sep
>
Chem Co Ltd
Tar ft
Dominion
•
Corp
BOO
American dep rets
5%.pfd
Jun
Jun
5% Feb
774
1874
Sep
;/.7>': Dec'•
2% Nov
Feb
14
Jun
May
15
12%
Jan
Jun
3%
Jun
29
16% May
10
300
_9%
Feb
11% Mav
60%
61%
32%
225
60%
Dec
7974 May
100
30%
Dec
40
Jun
Dec
83
May
Duke
Power
Oct
Nov
8
Jan
274
Dec
14
Co...
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
274
(The)
3%
Duro Test Corp common
12 74
Nov
Dec
Jan
574 May
16%
Jun
Texas Sulphur
Duval
Wireless—
ft
OCt
Feb
Dec
28%
11%
Co
Durham Hosiery class B common.
Cables
Jan
lt.V: 4 %
900
32
Driver Harris Co
Duraloy
Cable Electric Products common
11%
Mar
2 74 Mar
14%
Jan
10% July
Oct
IIV4 July
%
3%
19
6%
100
Draper
Sep
Apr
Dec
"9%
Dominion Textile Co Ltd common-
Jun
Dec
1,400
Sep
Nov
14%
7074
Jun
17%
%
2%
8% July
12%
14%
B
24%
174
1,700
35% Aug
,140
21% Mar
Dec
5,500
2,200
10%
2%
A_
Mar
121/4 May
974 Aug
11%
Feb
10% Mar
600
»%
ord reg
rets
Dobecxmun Co common——
12
300
"7%
"7
Distillers Co Ltd—
Amer
29
11
16
21%
2,200
22%
1,500
11
Dec
400
9
Raynolds class B
Sep-
5%
%
150
14%
Diana Stores Corp common
7:
Dec
Nov
"2%
Derby Oil Co new com
Detroit Gasket & ManufacturingDetroit Gray Iron Foundry
Detroit Steel Products
4%
4
Aug
3%
130
2274
11%
1174
21%
1
Burry Biscuit Corp
Butler (P H) common
;
6%
Dec
n%
10%
1,600
•
Burd Piston Ring Co
Burma Corp Amer dep rets
Dec
27% May *
Dec
Nov
2%
5% Mar
41/4
1174
2.50
Bunker Hill ft Sullivan
3
Apr
Feb
5%
29%
29%
11%
•
Buckeye Pipe Line
Jan
37%
100
100
3
3
Inc
20%
4%
2.50
B
1%
9%
5%
Dayton Rubber Co class
Dejay Stores common
Dennlson Mfg class A common..
8% debenture
Devoe &
Jan
20
•
common
class
10%
,_1
_1Q
Junior pfd
Brown Rubber Co
(E L)
221/4
15% Mar
20%
10s
Brown Forman Distillers
Bruck
20%
,
Amer dep rets ord reg
British Columbia Power class A
Class B
Bruce
20%
£1
dep rets ord bearer
cum
18
Jun
July
Tobacco—
Amer dep rets ord reg
British Celanese Ltd—
4%
Day Mines
Dec
14%
Jan
1474 Apr
•
British-American Oil
11% Mar
9%
13%
—
Davidson-Brothers Inc common—
24
Feb
22
Hosiery Mills
Davenport
1974 May
£1
Calamba Sugar Estate
I
Calgary & Edmonton Corp Ltd
*
Caiif Cotton Mills Co
5
California
l
Callite
Electric
Power
Tungsten Corp
Camden Fire Insurance
Canada
Bread
Co
6% %
Canners
Convertible
Ltd
preferred
•
new
1
Carter
Casco
dep rets A ord
dep rets B ord
1
*
& Co
Corp
10
Catalin Corp of America
1
Central Maine Power Co—
3.50%
preferred
Falrchlld Camera ft
100
Central Ohio Steel Products
Central Power & Light 4%
preferred
pfd opt div ser
pfd opt div ser 1929
Century Electric Co common
100
100
100
10
Cessna Aircraft Co common;
1
2.50
7%
Conv
Conv
Chamberlln Co of America
common
Cherry-Burrell
common—
Chesebrough Mfg common—
Chicago Rivet ft Mach
Chicago & Southern Air Lines
Voting trust ctfs
Chief Consolidated Mining
10
B
10
4
•
*
Cities Service common
1
It
City Auto Stamping
City ft Suburban Homes
1
It
Clark
Mfg
Clayton ft Lambert Mfg
Clinchfleld Coal Corp common
Club Aluminum Products Co
Cockshutt Plow Co common
Development
tnr>»nntpc
First York Corp common
$2 div cum preferred
(MH) Co—
5c to tl Stores—
Flshman
Ford Motor Co Ltd—
Amer dep
rets ord reg
Canada-
Ford Motor of
Class A non-voting
Class B voting
Ford Motor of
;
Franco—
Fox
(Peter) Brewing
Franklin Simon ft Co Inc common.
4%%
Fuller
conv
preferred
(Geo A)
Co
ordinarv
eop
now
3
Garrett Corp common
Gatlneau Power Co common.
'
1
•
dep rets bearer
Fort Pitt Brewing Co
Amer
*
2<
—
.
—3
Co
Claude Neon Inc common
Colon
Fansteel
3
Controller Co
Clarostat
Instrument—
Engine ft Airplane
Metallurgical
Fire Association (Phila)
Fair child
1
pfd
100
Central & South West Corp.
B
(Central States Elec 6% preferred—100
Cbarls Corp
iff
Ltd
Eureka Pipe Line common
Eureka
1
common
33 >/4
33 %
Esquire Inc
5%
preferred
Gellman Mfg Co common—
General
Alloys
Co
1%
3374
4%
Equity Corp common.—
$3 convertible preferred
£1
1%
4%
%
.
1)
Dec
Jan
15%
1%
Dec
874
Empire Millwork Corp
Emsco Derrick ft Equipment
2s 6d
(J W) Co common
(A M)
4%
98%
B% pfd—
Empire District Electric
Ltd—
Products
Castle
.
July
14% May
•
pfd
Opt
7
Inc
Electromaster
Jun
150'A
2d pfd
•
common
Carr-Consolidated Biscuit Co
Amer
ft Light $7
warrants
Electrographic Corp common
2.50
Carolina Power & Light $5
Amer
Power
Option
5
com
Carey Baxter ft Kennedy Inc
B—
16%
Electric
1
Capital City Products
Washing Machine class
Electric Bond ft Share common—
100
Carman ft Co
Carreras
Easy
•
Marconi
of beneficial int..
$5 pfd shares
•
preferred
Carnation Co
$0
Eastern
•
voting
Canadian
preferred series A.
preferred series B
Sugar Associates—
Com shares of beneficial lnt
$7
•
common
Class B non-voting
Canadian Industries Ltd—
7%
Eastern States Corp.
20
Canadian Industrial Alcohol—
Class A
Eastern Malleable Iron
•
preference
Canadian
6%
•
common
prior preferred
preferred
4%%
B
Ltd_.
Canada Cement Co Ltd
Assn common—
ft Fuel
Gas
East
1
Oct
2% July
4674 July
8% May
3%
Jan
3074 May
COMMERCIAL
THE
Number 4771
Volume 169
&
NEW YORK
FINANCIAL
CURB
Weftk'a
Friday
Last
STOCKS—
21
Sales
of Prices
Lots
Par
High
Last
Kaigs
Sale Price
of Prices
8TOGK8—
New York Curb
'»;• Shares- c.'riR*ngeh»t^year 1948
High
LOW
•
Exchange
Sales
far Week
Shares
Week's
Friday
Range •■* for W—*
Sale Price:,
31
EXCHANGE
RANGE FOR WEEK ENDED JANUARY
New York Curb Exchange
(403)
CHRONICLE
Range for year 1948
High
Low
High
Low
Far
'
General Builders
b%
Supply Corp com—1
preferred
23i
conv
General Electric Co Ltd—
Amer
preferred series A
22
57/a
1:
.--10
—;
Georgia Power $6 preferred
$5 preferred
Giant Yellowknlfe Gold Mines-
8
8%.
114
La key
Apr
Lanston
Jan
La Salle Extension
105%
5%
26 %
Jun
110%
Feb
Line
5%
Sep
Lionel
201/4
Glenmore Distilleries class B
1
8
.
11
Globe-Union
Apr
38
133/4
Oct
2,100
21%
Feb
35%
2,500
18%
Jan
Realty
Class
1
2Y8,
200
10V4
Dec
21%
Jan
133/4'
200
12%
Aug
15%
Jun
2'/a
B
Mfg Co__
24
24
77
77
10
1
.
%
1J
A
..
Material
Corp
1
Co
Mfg common
Graham-Paige Motors 5 %
Grand Rapids Varnish
Gray Mfg Co
59%
60%
~7
"7
1,300
11
Aug
15%
251%
251%
100
25
July
30
Jan
7%
7 1/4
100
Dec
11
May
—
LoblawGroceterias class A.
1%
1st
100
Great
140'/a
II
Chain.
Lone Star Gas Co. (Texas)
.10
Long
Island
-1
preferred A ctfs of dep.
79%
m
preferred B ctfs of dep
695/8
9%
Dec
67
Dec
Jan1
37%
Feb
24 V* May
10,700
91/8
200
A
6,200
w
Mar
18
24%
9 Vb
6%
% May
Jun
50'
26%
233/a
—
7%
57% May
Aug
24%
Feb
% Mar
1
Jan
80
325
49
Mar
85
Dec
68
70
325
44
6,800
15
Apr
Feb
76%
23%
Dec
Jun
110
Apr
112%
Dec
Nov
18 %
Jun
9
Aug
17% May
2
20V8
•
Lynch
183/4
193/4
1
Corp
Northern Paper
Grocery Stores Products
13%
800
12%
5%
Feb
12
300
10%
Dec
12
Feb
16%
Jun
21
133/B
Apr
28
Nov
34
May
Nov
5%
Dec
18% Jan
10% July-
Mar
14% May
91
Feb
120
Jnn
133
Apr
140
Mar*
Gulf
States
Utilities
Gypsum Lime
37
371/2
500
.
36
Dec
44%
Jan
May
9'/a
Sep
common—25c
$4:40
pfd
'-100
ft Alabastine
102% 104%
97
Nov
13%
445
•
Nov
105
Apr
13%
M
Macklntosh-Hemphill
Co
8
Public
Co
10
Maine
Service
Mangel Stores
Manlschewitz
Marconi
Sep
Lamp
Hamilton
Co
Hartiurd
Hartford
Rayon
1
-
2
1
common
Corp of America B non-vot
19
Nov
48 %
150
46
Dec
563/4
Jan
2'/a
300
2
Nov
43/8,July
McWilllams
lYa-
17/8
100
1%
Dec
25/8: May
Mead
47/8
500
6%
6%
6%
12%
1,000
10
9
7;
r.
w
w
w
,
100
95
9%
95
10
6%
47Y4
47%
47%
150
lOYa
10%
1,300
Holopbane
Border's
Co
*
(Geo A)
Horn
ft
R4*-
ft
Co
common
(Harvey)
ft
Hussman
common
.
75
Nov
150
•
stock
warrants
31 %
30%
Dec
21
78 Ya
7,800
3%
*
.200
43
X65
1
preferred
~2 Ya
~27/8
B
500
22
100
>
•
Hygrade Food Products
~3
20
1
16 7/a
17%
200
Participating preferred
Apr
.
Oct
Hone
Corp
Class B v t c
Middle West
Co
Imperial Oil (Canada)
i
Midland Oil
Jan
Midland Steel
Jun
243/4
Jun
Jun
4% May
44
Jan
75/8
Jun
Dec
77/a
Jan
42%
3% May
Feb
25
Jan
16 3%
Midvale Co
Mid-West
pid
conv
15%'
16%
9,200
17%
Oct
£1
10%
Cigar Machinery
•
17%
Oct
12 %
Jan
July
13%
Jan
Dec
96
Apr
850
92'/a
Feb
300
10
Dec
150
91%
70
10%
9%
Oct
10 %
104% 105%
—
11% Mar
87%
10%
90
Indianapolis Pwr ft Light 4% pfd—100
Insurance Co of North America.
10
International
500
10%
8
110%
15
Oct
Feb
International
Hydro-Electric—
Preferred $3.60 series
International
Petroleum
coupon
50
Registered shares
International Products
Refineries
Mid-West
Wohl
Miller
Co
10
Minnesota
&
Power
Investors
Iron
Royalty
Fireman
:
Mfg v t
1
.
13/8
1%
Mt
Vernon-Woodborry Mills
13'/a
Dec
17
Mar
500
——
"4
9V4
9% Mar
l3/a
•
1 Va
■
iy8
Feb
2% May
20 Ya May
ft
Namm's Inc
Nov
7%
Apr
National
Bellas
%
Dec
l5/8
Apr
National
Breweries common.;.
3V4
500
3%
Dec
9%
6
..
334
6
100
4%
Feb
5
5
200
4%
Feb
8% Aug
9% Jun
Dec
6%
Jun
Dec
25%
Jan
Jan
Fuel
.7%
Kawneer
Co
"
—
4%
cum
Kingston
Kirby
Klein
(IB)
Co
National Steel Car Ltd
National Transit common
National Union Radio
For
8
5
Corp
(Herman)
6% Dec
5Y8
Nov
Dec
1~3~%
Jan
Oct
28
Apr
14
Dec
73/a
Apr
5
May
Feb
24
Feb
22% July
100
13%
25/a
'
25%
3V4 Aug
18
800
7%
600
Mar
2
Jan
7
30%
Dec
Mar
5
Apr
Jun
ay. May
35
10%
May
Sep
"i'/a
10%
1,800
93%
93%
50
95
Dec
104
Jan
23%
10
5
Dec
27
Jan
—
:
IVb
7
7%
400
25/a
2%
25/a
2,200
63% Mar
8%
Oct
2%
5'%
Jun
Dec
96%
Jun
963/4 Aug
103 y»
86
2%
Dec
Dec
500
171Y4 1743/4
330
162
Aug
178%
Jun
50
30
Nov
40%
Jun
37 %
37
35/a
35/a
700
33/8
Feb
13»/2
14'%
2,200
127/a
Feb
32
32%
500
26 3/4
Jan
102% 1031/4
50
133/4
1023%
Jun
3ya May
23/4
25/a
1743/4
50
99
99
99
'
97 V2 Mar
23
Sep
25
July
4 7/a May
17%
Apr
347/a Nov
115
July
27
Aug
Oct
33% May
13 Va Jan
14 y2 May
Nov
11% Aug
Sep
Aug
Nov
New
17
175
6Y2
Nov
300
0
Jan
91/4
Mar
Jan
Haven
4%%
17% May
Dec
5,800
2%
Dec
27%
675
273/,
Dec
12% May
Apr
4%
Clock
Tel
&
—
Watch
Co
convertible preferred
Jersey Zinc
New Mexico ft Arizona Land
New
New
Park Mining
Process Co
Auction
Co
Co
common
107%
I
93%
10
10
200
113/8
12
3,300
8
12 3/4
12 3/4
100
11
5Ya
600
103/4
,
"l2
Nov
N
Y
2 3/4
Dec
N
Y
31
Dec
N
Y
Merchandise
19%
Oct
N
Y
Shipbuilding
ft
common
Rosario—
Honduras
5
3
3 Va
3
5,500
157/a
Dec
100
4 5'a
Nov
2Vz Mar
7
Jan
Nov
47/8 July
317/8
32 Ys
~*8%
_83/4
"9
lOVa
11
10
10 Va
1,200
87/8
500
9,900
Oct
29 ye Mar
377/8
33V4
980
32
Feb
37%
Jun
x8%
Dec
127/4
Jan
8 3/4
200
167/4 July
10%
Dec
12
10
Oct
10
Dec
77/e Mar
77/a
16
175/8
May
Feb
10% May
Dec
11%
Feb
22 V8
Jun
15
Mar
"33/8 "3%
100
3
Nov
47/b May
4
41/4
22,800
2
Nov
33A
Jun
8%
8%
8%
100
8 7/a
Dec
l33/4
Apr
157/a
153/8
157/a
600
137/8
Feb
17 Ya
4y«
Feb
73/b
440
78 3/4
Dec
96
May
1,600
1 Ya
Nov
6
Jan
5
Nov
~4%
*
class A
Mur Co
New England Tel &
—-
-
'
—
—
—
125/s Mar
•
23%
2 7/8
23/4
12
IP/4
Co
footnotes see
2,500
—
113/4
—
isvfr.
11%.'
195%., iW
—
Co
1,100
1%
'
w
...
8torea
600
12
1%.
——
common
Rubber
Brewing
Machinery
National Rubber
1
2
4
10
*
1
30o
Co
Jan
113/8
9%
263/4
Apr
85
1
2%
20
25
1
1
*
•
10
10
6%
85
83
.7:2''/
2'/a
6 5/8
6Y4
200
66 VB
6 6 7/8
1,800
77%
8 i/s
1,900
1%
1%
300
12 7%
Aug
Oct
Jan
Jan
72 7/g July
6
Feb
10% MftV
l3/8
Nov
597%
2y8
Juu
Feb
88
Dec
107%
27
Feb
32
10 5%
Dec
15
Feb
14%
Feb
19
May
67%
Nov
75
83/4
28 '/4
28%
50
Juor
Jan
M* y
"
Knott Corp common
Kobacker
Krueger
•151/4
126
11% Mar
8
3 S/8
273/4
Products
(D Emll)
122%
99Y4
—
Lake G M Co Ltd
Kleinert
Nov
73/4
4
—50
Corp
Petroleum
Kirkland
—
100
_10
-
*
1
—
ft
New
pfd (new)
oeeiey
123/4
8
93/4
—
nrofprrpd
—>
'
123/4
Kings County Lighting com (new)King
25,700
—
Kldde (Walter) ft Co
Kimberly-Clark Corp—
*
7%
7
L
Kennedy's Inc
"Key Co common
Gas
National Radiator
Nestle Le
1
1
*
23
Neptune Meter common
100
pfd
common
Stores common
National Pressure Cooker common
Nelson
K
1%
Hess
preferred
National Mfg
19%
Kansas Gas ft Electric
common
3%
Co
73/a
10
—
National Mallinson Fabrics
——
Kaiser-Frazer Corp
Corp
300
4
Koktnge
common
4,900
Preference
Julian
common
1 Vb
1
Jefferson Lake Sulphur Co
Jim Brown Stores common
Oct
5% Feb
ay,
N
Nachman
National
.
Apr
32%
Jan
7%
jeannette Glass Co common
100
Dec
Nov
15
Co
Company
I'/a
'IS
21
2%
2% May
133/4
'
com cl A
8
*
2.50
i*1
50e
Jan
Feb
Jun
100
;
1
Superpower Corp
Society com class A
Ward & Co class A——•
Moody Investors partic pfd
•
Morris Plan Corp of America
10c
Mountain Producers
10
Mountain States Power common
•
Mountain States Tel ft Tel
100
Monroe Loan
Montgomery
Muter
4,900
13 7/a
i9»/8
21
108
100
1
pfd series B
Muskogee
46
X22V2
600
1
1
*
c new
Irving Air Chute
Italian
cum
pfd
cum
4.80%
9%
Sep
500
Monongahela Power Co—
Oct
10V4
13
19%
1
1
Apr
9V2 Mar
10'
16
19%
m
•
Jun
700
10%
15
4
•
Corp
59
10%
133/4
11,400
325
15%
•
pfd—100"
Light 5%
14
101/2
•
~7%
2% May
23
1
Mining Corp of Canada
10 % May
~
9%
50
24
10,000
8
International Safety Razor B
International Utilities common
600
7
7
7%
50e
common
convertible preferred
4%%
Sep
10 Ya
*
Jun
10
65/a
19
10
Co
Dec
52
10%
1,500
Nov
Dec
50c
9Vb Mar
47
10 3/4
'■'•'VV'.v
Jun
8% Jun'
Dec
1/6
7
•
common
Mfg Co
Muskegon Piston Ring common
52
•
shs__•
7
.1
100
•'
Murray Ohio
International Metal Industries A
Jun
July
6Vi May
60
Feb
300
•
Midwest Piping & Supply common
Feb
ll'A Mar
5%
Products—
dividend shares
Abrasive
Oil
Midwest
Jan
5'/8
1,400
7%
Feb
100
1
1
Corp $1
$2 non-cum
Jan
Feb
Nov
12
111
Jan
11/4
14,700
Dec
16
Jan
3ys Mar
10%
Feb
16,700
3%
11%
3%
63/a
7%
8sYa
15%
Feb
108
87/8
23/8
500
12
—25%
Jan
l'/a
7%
850
8
Dec
63/a
2 VB
4.40%
ft Ireland
8 7/a
1%
7%
4%
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
200
2%
10%'
16
5Y4
5
4%
•
5,000
5
9%
•
125
4%
Ex-distribution
4%
coupon
109 %
13 %
Dec'
127/b Mar
5y8 Nov
Distribution-oh
10%
Registered
1
400
Apr
•
registered
400
Corp—
Jan
£1
common
rets
lYa
6
Dec
Imperial Chemical Industries—
dep
2,800
5%
1
v t c
Monogram Pictures common
Amer
200
15%
3%
•
10
Missouri Public Service common
Zinc
July
8% Dec
43
2.50
common
Mlcromatic
Dec
16
Co
Middle States Petroleum class A
Molybdenum
Illinois
441/4 Apr
30% Aug,
5%
1
Jan
88
Nov
2YB
19
Michigan Sugar
6% preferred
35%
Jan-
Apr
2ya
-
Dec
17/B
1
Michigan Bumper Corp
Michigan Steel Tube
1103/4
Sep
4
Hydro-Electric Securities
36
46%
41% Mar
25
25
~91/4
33/4
Jan
17%
36%
109
May
2
Dec
26c
13
Corp common
8
17
205/a
Feb
2ya
__
17
15
l'/a-
100
Co
Iron
Dec
1% Mar
"91/4
-—
preferred
Metal Textile
Dec
500
2,400
15 1/4
15
1
Nov
148
19 Ya May
100
43
Dec
Sep
30%
3Va
Mesabl
"1%
Apr
May
20% Oct
6% May
13% Mar
»2 %
Scott Corp—
ft
555/a
32V4
393/4 Aug
105 Vb
21
A
600
,
13
29
1
Warrants
6% %
Vb
3
•
Co
Dec
400
183/4
36 Va
17
•
Co
Merritt- Chapman
4% May
Feb
30
76%
78%
& Co class B
Dredging
Mfg
•
3
11 y8
■r.
Jun
475
1073/4 108
7%
Sep
Dec
15%
25
44 y4
-.—B
common
1st conv
Dec
1
common
*
ft
to"
3Y8
Nov
8%
May
Apr
(AG)
Johnson
Menasco
Jan
98 y2
139
5
-
.
Refrigerator $2.25 pfd
Common
Huyler's
Inc
Refining
Mfg Co
ft
16%
44
108
Oil
Lock
16%
•
Hardart
preferred
Hurd
'
«
Humble
Apr
11%
11 %
24
«
common
Baking Co
Hubbell
12
7%
•
Inc
Hormel
Dec
27/s
common
Horn ft Hardart
14% July
Dec
41
Holly Stores Inc_
McKee
1,500
5 7/a
wo co
1
»-»
8%
10
common
new
1 0"
•
—1
$2.50 preferred
115/8 May?
Aug
5%
100
10%
Holltnger Consolidated G M
Dec
67
...
!%•
-1
& Co class A
8%
10
McCord Corp
Jan1
91
600
95
100
w
common
7%:May
9Ya Aug
16 %
Sep
7%
150
Oct
Feb
ey8
10
~9%
preferred
Dec
Nov
10
.
8%
Feb
10
600
113/4
•
common
47/8
300
11%
Feb'
67/B
400
8%
llVa
12
■
preferred
5
83/4
5
A
(R)
Dec
2Ya
UVa
__
Henry Holt ft Co
Hoe
15%
Va
Heller Co common
4%
200
1
...
«
Rubinstein
5%#
17%
1
com
Corp.
Mining Co
Class
53/a
17/8
Hearn Dept Stores common
Helena
800
48%-
25
.
—
Hathaway Bakeries Inc
Hecla
_7%
8'/a
10
common
McClanahan OH Co
17%
5
Electric Light—..
Hazeltine
9%:May
73/8
com
Harvard-Brewing Co
5% Sep
,
2%
21
common
Co
39% Sep
Marine
Shovel
Mfg
100
38
38
*
convertible preferred
5%
Bridge Co Ltd
Hammermill Paper new
Hat
McAleer
—8
•
Communication Co Ltd
Massey Harris
H
Co
International
117/s
1
common;
(The B)
Mapes Consolidated Mfg Co„
Marlon Power
Hall
.July
791/2
%
%
dep.
Louisiana Land & Exploration
Louisiana Power ft Light $6 pfd
Jan
10
7% Mar
Lighting Co—
Jan
Nov
26
Feb
20
223/4
:
Dec
Nov
Apr
22
233/a
24
91
7
1391/4 140%
23
preferred
Oct
22%
24
24
Locke Steel
7%
75
—
Class B
29%
50
109% 110
Dec
1,200
Dec
8
109%
stock——
common
Jan
25%
12 i/s
Great Atlantic ft Pacific Tea—
Non-voting
15% Mar
Jan
May
25
22%
Dec
600
8%
Nov
11%
22
175
•
8
9%
21 Va
Common ctfs of
100
8%
800
12 VB
Jan
9%
1
B
11%
1%
^Pr
22%
Jan
50
pfd—28
A
8
3%
'/a
250
1,700
—8
common
50%
5 Vq
10
conv
103/4
Dec
52%
•
Gorbam
11%
Nov
4,900
50
Gorham Inc class A
May
%
%.
%-•
73%
200
•
«.
May
l7/s
200
*
Goodman
28
39%
.
*
$4:60 prior preferredGoldfield Consolidated Mines
Feb
I
...
University)
Longlnes-Wlttnauer Watch Co
Gobel (Adolf) Inc common
Godchaux Sugars class A
10% May
18 %
Lipton (Thos J) Inc 0% preferred- -21
Lit Brothers common
26% Aug
11 '/a
•
Dec
Jun
27
20 3/4
25 Ya
20%
Lefcourt
2% Mar
29'
5%
-21
Le
Jan
1,000
Development
Tourneau (RG)
Inc
Jan
Jun
900
6%
7
117
12
7%
5%
10
Mar
23 %
Oct
7%
6%
Feb
110
Dec
Feb
7%
_l
Leonard Oil
Jan
Nov
9%
Nov
Apr
16
6%
117/8
Jan
6%
6
100
50
17% May
Dec
8%
Feb
18%
Nov
—1
Mar
10
18 Va
12%
800
..I
x9
xl05%
.100
10%
common
Dec
300
12 7/8
10
Dec
—l
Monotype Machine
Dec
2%
~4%'
"4%
12 Ye
10%
—1
Foundry ft Machine
Corp of Delaware—
3%
25
12 7/8
—I
Lamson
100
114
2.50
Inc
Apr
Nov
95
-—*
Corp
9
40
1,900
3%
25
Coal
Laclede-Chrlsty
Company
L'Aiglon Apparel Inc
Lake Shore Mines Ltd
Feb
27
*
:
Jan
8
96% Nov
31/8
*
common
L
Jun
Dec
7%
3504
300
*
Gladding McBean & Co
Alden
Jun
-9Va May
Oct
Dec
5%
3,700
"3% '~3%
3'/a
1
Glen
6'/a
•35% -35%*
*
Gleaner Harvester
5%
27%
Dec
7%
•.
100
General Phoenix Corp
1
General Plywood Corp common—__50c
General Public Service $6 preferred—*
(A C)
Gilchrist Co
3%. Dec
200
£1-
General Fireprooflng common—
General Outdoor Adv 6%
pfdt
Gilbert
3%
'
dep rets ord reg
General Finance Corp common.
5%
3%b
3%
—
'
v
—
100
75
—
2%
11
93/4
lO3/,
43/4 May
203/4
Jun
Dec
1A
J an
Dec
Dec
195/a
Dec
^
Heb
12%
page 33.
Dec
Nov
12
Dec<<
14
16
24 %
Mar
Apr
Jun
0V4 Mav
17%
Jan
Corp—
1
Founders shares
Niagara Hudson
5%
5%
Power common
1st preferred
2d
preferred:
warrants
Niagara Share Corp class B com
Class
B
7Y4
1
100
100
97
94
Nineteen Hundred
Corp new com
63,100
IO1/4
Jun
Jun
97
275
92
Feb'
105
925/a
94
40
92
Dec
117
Jan
1
May
%
8
*
5
%
2,600
ya
Dec
9Ya
optional
Niles-Bement-Pond
85/8
96%
9%
1,000
8»%
Jan
11Y. July
75/a
Dec
123/4 May
Dec
Hi/4
8%
8%
8%
1,100
10%
103/a
10 3%
100
11
Dec
,
32
COMMERCIAL
THE
(404)
&
RANGE FOR
Class
Utility Securities
Texas Oil
—'
Central
North
North
1
50
ptd-lUO
102(4
*
8 %
Co
RR
Penn
Northern Indiana PUb Serv 5%
Northern
(Minn)
Power
States
9%
1
Aircraft (Inc
Corp
Nortnrop
8%
9%
9
-
15%
*
Novadel-Agene
;tr
>21% May
97% Sep
7
Jan
103
9%
Feb
13%
Oct
Oct
Dec
22 %
Jan
Nov
,
12 Va
3U0
;
Feb
7%
2,600
v
15%
May
3% Mar
97
125
12,100
9
4
Nov
89
101% 102 'A
Jun
Seeman
Sep
2 Va
3,800
2%
'A;
48
1
Co
Steel
Securities
Nov
Mar
15
800
..1*% : 15'/a.
2
1%
100.
.
•
2%
Airlines
Nortneast
1% ;-. 1%
Scullin
Jun
48 Va
Mar
33
400
37
36
>37
Feb
—
•
Inc
1
Corp
O
Corp
Ogden
Ohio
Brass
Ohio
Power
4'%%
Poindexter
Old
38
100
112
111
112
80
39%
Jun
Oct
Feb
July
9%
Oct
14 Va
Sep
14Ya
Nov
17 Va
Jan
1/
22%
2,3u 0
Id
Jan
25
Aug
7%
21,
21
300
7
Dec
13
May
7%
1
Securities
Jan
5
12%
O'okiep Copper Co Ltd Amer shares
Overseas
Jun
30%
1,500
•
Inc
Omar
Dec
109%
Nov
101
1,500
9
9
9
1
39%
38%
39%
13
Gas
Distillery
2%
48
Jan
33
200
Filters class B
United
Oliver
38
common
preferred
Natural
Oklahoma
•
38
Feb
lVa
1,900
2%
2%
50o
common
Co class B
Leather
common
Pacific
1st
Pacific
Lighting
$5
Pacific
Power
Light 5%
Public
Pacific
$1.30
1st
Parker
Pen
36
600
32%
31 %
32 '4
bUO
29
•
103%
103% 104V4
100
101
Apr
106%
Jun
100
Service
pfd
95%
25
91
Jan
97
July
95 %
95%
3%
~3%
9%
50,900
10
_3%
9%
22,906
Oct
34
Silex Co common
South
Coast
Penn
Oil
15%
%
15
15%
300
157/a
•
24% May
80 1
l
Nov
Feb
Jun
113
~3%
7u0
2%
Nov
4
Aug
•
44%
45
200
40%
Nov
49
Jun
23
24%
24%
300
21%
Nov
25
Ltd
28%
28%
100
28 Va
Dec
26% May/
28% Dec
7%
7%
5,100
2%
" 2 %
340
2
3%
3%
Manufacturing
Telephone
$1 cumulative
$1.32
cum
Pennroad
Corp
Cement
&
Elec
Penn
Power
Penn
Traffic
&
Pep Boys
warrants
2%
class A
pfd
Co
Power
Mfg
Co .(Mass)
Philadelphia
Co
Pierce
Governor
108%
Jun
Oct
Johnson
Pioneer
Gold
Ltd
Amer
Jan
Standard Cap &
Jan
Convertible
Feb
70
9%
Dec
11% May
5,800
3
8%
Jan
100
6
Dec
Feb
22
400,
24
Piper Aircraft
Corp
—
234
Pltney-Bowes Inc
Forgings
Standard
Oil
Jan
Standard Power & Light com
Jun
29%
"
~~£
Aug
2% May
1,300
2
Feb
4
xl034
Mar
Corp
(Ky)__
900
11%
*
50
66%
66%
68
5
24%
20%
24'/2
940
4,00u
Pneumatic
Polaris
Scale
Mining
Powdrell
Power
Co
6%
Lambert
&c
Prentice-Hall
Pressed
13%
Jan
Producers
Co
41
Feb
Starrett
Feb
75%
Oct
Steel Co of
8%
Jan
24% Dec
Stein
(The)
(A)
common
of
Corp
~_2.50
America
of
-8
4% %
Puget
$5
Sound
Apr
Sterling
15
May
Stetson
15
Oct
Stinnes
97%
Oct
Stop & Shop
Jan
87
Dec
35
8%
1,000
6%
Feb
400
934
Feb
44% May
8%
16
'
Apr
May
Jun
1%
1%
1%
2,600
lVt
Jan
3
7%
Nov
11
10%
10%
200
'8%
Jun
10%
Oct
99%
99
99%
200
9034
Nov
99%
97%
May;
97%
97%
375
90
Jan
99
common
20
20
100
19 %
Dec
30
11%
12'4
125
11% July
534 Dec
14
10
j,
8%
Jan
Feb
90
230
92%
30
147'4 148
•
Mar
x96
Jun
139%
Nov
152
July
12
90
•
Mar
79
15 % Aug
R
Corp
%
%
16%
16%
16%
25
34
40,700
Nov
3% May
Railway & Light Securities—
10
common
Railway & Utility Investment A
Rath Packing Co common
•
Reis
Rice
Shoe
&
Stix
'Texas
Engineering
Corp)
Gas
t
v
Rolls
~7%
7 Va
~7%
5 %
5%
53
22%
21%
3 %
Inc
Feb
24%
Dec
31
Jan
37
Jun
8
55
Mar
23
11,800
5%
Nov
9%
Jun
600
5'4
Dec
6 Va
Sunbeam
& Co
common
Corp
Ray Drug common
Cement, Inc
Superior Portland
Superior Tool & Die Co
Swan
Finch
Taggart
Oil Corp
Corp
Rome
dep
pfd F
common
Tilo
Co
common
new
Cable
Rowe
Corp
Field
Roosevelt
Electric
Rotary
(The)
Royallte
Co
Fifth
reg
common
V2
20 %
:
—
_2%
Inc.
Tishman
Realty & Construction
Tobacco &
Allied Stocks
3%
20 3
4
2%
2
2
500-
19'4 Mar
Dec
x3
5%
1%
Dec
3%
225
17%
Dec
26%
Dec
32
2%
Dec
100
3,400
1%
Jan
90%
70
85
Nov
25
27
600
23
Mar
9
26
•
Co
..Dec
9
100
9
4
common
7
Todd
dep
32%
100
1,500
•
1
Edison 4'4%
Toledo
Corp
Ltd common
preferred
Savoy
Oil
Inc
Corp
1
common
(Del)
Sayre & Fisher Brick Co
Schulte
(P A)
Inc common
,
For
1
49
Salt Dome Oil Co
United
14% Mar
7%
300
3
3'A
34
35'4
%
2,700
7%
July
4% May
5
Oct
,;
34
3
Nov
Feb
"1,300
7%
2%
Dec
2,200
33 Vt
Jan
47
Jun
16
V"
——
Dec
31%
Feb
35 V*
Jan
41% May
40
41
39'4
10% May
6% July
May
28%
Apr
29'4
28%
20 '4
26%
Nov
29 %
July
28 Va
28%
28
%
600
25
Mar
29%
Deo
25 %
24%
25%
300
22% May
25%
Feb
6%
6%
100
'
28 '/a
■
28%
26
500
1,800
-
Jan
4%
10% July
Feb
48%
Jun
2%
Dec
4%
Jan-
4%
Nov
%
Dec
36
—
—
"%
7%
8
2%
3'/a
"%
500
7% May
l'/a May
Dec
8
500
8
20 Va
20
IdO
600
2% Mar
100
15% Nov
Aug
26%
19% Mar
3 Va
13
Sep
3% Jun
19% Feb
17
17
9 Va
Feb
11% May
29%
29%
30 Va
1,500
25%
Feb
30%
1%
1%
1%
3,300
l'/a
Jan
—
II
May
2% May
8% May
5% Apr
6% Aug
7%
7%
500
3'4
3 Va
2,500
2%
2%
2%
3
2%
Oct
122!
Feb
102
20
119% 120
7'/a
3'4
Nov
3
1 '/a Mar
Dec
3% May
2
Dec
2%
Dec
52%
Feb
72
21
Dec
27% May
2%
14%
200
1,600
5%
Jan
Oct
100
14%
6%
Dec
8%
Jan
1%
1,200
%
Feb
2'4
Jan
4%
1,700
3%
Dec
7% May
100
5%
4
4%
11%
Dec
15 %
Jun
100
l96
Dec
1%
Apr
200
10%
Dec
15'%
Jan
'4.'—
11'/a
•' -' '
_
10%
Dec-
20'%
Jan
3 4'4
1.350
27 Va
Jan
37
Oct
5%
500
7
Jan
.*:
11'4
u
13
10%
100
13
10-/8
11'4
'
33 '4
33 %
5%
——
14%
Nov
5
17 Va May
13% Mar
225
15
2%
2%
400
10%
—
10%
luo
Nov
3%
Jun
Feb
2%
10
14 >%
Apr
Lux
Trans
8%
Nov
3%
Aug
17
Jan
4% May
footnotes see page 33.
19%
2% May
Canada..
of
Gas
Union
Co.
Mar
Union
Investment
Apr
Union
Oil Co
Dec
Union
13%
Jun
United
Aircraft
5%
Sep
United
Chemicals
Oct
United
9
43
—
_
25c
1,200
3%
Jan
7%
Apr
5%
1.400
5V8
Dec
11%
Apr
4%
100
4%
Nov
6%
Jan
Light
1
1
13
4
Milk
Products
rets ord
4
2%
2%
•
Dec
'<
Feb
.
1%
25
Jun
1% May
Dec
3 Va
200
3%
Jun
99%
Nov
%
1,200
3%
6%
:
Apr
4'A May
31
Dec
May
~7
"7
~7%
900
4%
Nov
9
Jan
10%
10%
11%
900
8%
Oct
12
Jan
300
13
Dec
2%
800
2%
Dec
6'%
5% Mar
8Va
Jan
7'4
Nov
9% Aug'--.
RR
&
Profit Sharing com
Jan
-.700
:
94
—
6
—
Apr
.
87%
Nov
97%
Jan
52'%
Nov
62
Jan
3
Nov
800
3%
■
38'% Mar
and
$5
1st
Jun
70
Feb
% May
28 Va
350
29
Dec
36'% May
20'%
19%
20%
2,000
16
Feb
20Va
22
21%
22'4
5,400
17%
Feb
23%
Oct
100
10'4
Dec
30
Jan
20
10
Dec
25%
Jan
10%
A
2,100
is
10'%
5 '4 May
.
—
—
__
13
13 -
_25c
__
Dec
51%
common- —25
common
with
Securities.
warrants.
48
39'4
40'4
•
3,750
52
250
j
!
1
%
Nov
2
Jan
,
500
Dec
10%
Jan
48
Nov
62%
Apr
3 7 V*
Dec
41%
Jan
Nov
13
8
July
8%
200
1%
1%
2,800
l'A
Dec
14%
14'4
.14%
800
11%
Feb
19'4 May
3%
3 Va
200
1%
Feb
5 Va May
75
70%
Feb
8%
'
__
•
—
76
76
i
July
1'%
-1
-IOC
1
International
preferred
Nov
200
u
5'4 May
243 '4
6 '4
Machinery
Specialities
S
5'% July
28
•"
preferred
Shoe
U S Foil Co class B
U
Apr
40
56
3%
i
Jun
125
97
54%
97
39%
United
U S Air Conditioning Corp
Apr
7%
-
Aug
4% May
7%
.
3%
Canal.
NJ
United
3.%
7%
1
3
.100
Jan
3%
1
2%
regis
Jun
Nov
88
4,200
1
dep
3%
1%
75
%
■
12%
1.300
5
98
Jan
July"
66
Dec
•
Dec
1%
%
Nov
2
Feb
—
Sep
3%
1%
51%
900
2
Oct
7%
'
common
Preferred
1% Mar
1%
97%
•
7 Va
Feb
58
Nov
1,000
58%
2
7
18 Va
Nov
May
18% May.
\k Oct
58
mo
Railways
&
1.400
3
4%
1
4,600
1%
49% Mar
•
23 Va
700
20
United Molasses Co Ltd—
10%
1,900
53
•
United
6 %
5%.
2%
11% Mar
—-
United
2
600
common
Jun
300
500
12%
52
.
.
11%
2 Va
15
10%
Products com
Jan
3Va
2'4
-
United Gas Corp common..
19%
Nov
13%
10%
4
Yards of Omaha
United
10
Jan
xlOVa
13'/a
12%'
•
pfd series A
Stock
Oct
VQ
21
of'California—
Feb
2
Jun
Dec
10 34
5
_
Corp warrants
Elastic Corp..
93
37%
8%
18%
19%
*
13%
—
24%
9
9
Jan
Dec
13
500
«
United
1
Jan
May
*
Corp
Chemical Corp
Jan
Nov
124
_10c
Realization
Nov
7%
118 % July
10
121
121
May
U
Ulen
6%
2,700
16
Jan
14 %
8%
31%
Nov
Jun
400
..
12
Nov
10
16 Va
—1
•
preferred
convertible
3,300
8'
Feb
24%
2,700
2%
Tung-Sol Lamp Works com
Amer
8 %
10%
2,500
12%
*
7%
%
400
27
11%
121
1
Corp.
warrants
Inc
80c
11 Va
26
12
Tri-Continental
Trunz
May
4
5%
~~
11 Va
26 Va
1
pfd
Tonopah Mining of Nevada.—'—
JS
conv
29% Aug
1,000
3 >4
%
3'4
100
common
United
1st
Oct
Apr
Feb
Jan
'
Samson
1
3
——
5s
20
70c
def regis,
24%
6
6
1
Petroleum
Lawrence
Jan
94
1,800
9%
9'/a
*
Royalty Corp
7%
1.25
Co
common
rets
Shipyard Corp
Toklan
21%
%
24
Consolidated
St
4
Sep
—£1
rets ord regis
10
1
Aeronautical
Haynes
4
20 %
32
10
•
common
Ltd
Ave
£1
5
Ryan
&
Dec
>
26% July
700
83%
100
Ryan
Ryerson
Nov
May
8Va
200
270
Ltd—
dep
Unexcelled
5
Inc
Steel
Corp
Oil
Russeks
May
a
20
Dec
25%
I'A
5
1
1
Corporation common
Rooting
$3.75
for ord
rets
83
Nov
222
2%
•
*
100
5
pfd
7%
& Light
Powei
Shovel
Thor
Royce Ltd—
Amer
Jan
37% Aug
May
88
1
common—
Tampa Electric Co common
Technicolor
Inc common
Dec
2,400
1% % 1 %
Jun
1% May
24%
1
5
1
c
Pendleton
&
Jun
Co—
Rochester Gas & Elec 4 %
Roeser
100
52
S
1
Valley
'
•
Radiator
Grande
36%
6.25
1
Co
&
Goods
Dry
26
36%.
~~
1
Co
Electric
Richmond
Rio
Bit Co
(Robert)
Reliance
75
26
■
*
common
20%
30 % Mar
1
•
Dreferred
Manufacturing
Reading Tube Corp class A
14% Mar
%
10
Raymond Concrete Pile common
Regal
Jun
11%
6% Mar
1,000
228% 233%
230%
5
1
*
•
25c
•
1
15
T
Inc
(S)
Amer
%
Aadlo-Keith-Orpheum option warrants-
Roller
14 Va
Dec
*19%
1
*
Co common
(Hugo)
Amer
itccu
Jan
Apr
3%
Aug
3
100
convertible
"7 '4
_7
1
Tobacco Security Trust Co
$3
17%
July
•
Quebec Power Co
Kavtheon
22 Va May
Dec
Jun
•
preferred
preferred
Voting
"4
1
Inc
(J B)
Stroock
Sun
Inc
Brewers
Jan
Thew
Oats
Apr
Apr
11%
35
1
§Sterling Engine Co
Texas
6%
108%
Jan
18%
'
& Light—
Power
preferred
Puget Sound Pulp & Timber com
Pyle-National Co common
Pyrene Manufacturing
Quaker
Jun
Colorado—
cumulative
prior
6%
Sterling
Jun
10 >4
1
•
of
~4%i
500
•">
•
Prods new com
Jan
5
18%
Dec
*
Service
Dec
100
Nevada
Prosperity Co class B
Providence Gas
Public
4% Mar
11'4
11 Va
.
10%
11%
J
'
i*cvf
1
Co common
&
3%
50
40
700
Oct
July
76
Dec
104
Va
12'4
i
i""*
1
Corp
Canada
7%
37 %
37%
•
May
53'4
1,000
1
Standard Tube class B
Dec
800
10
4
17
•
Nov
3,300
94
22%
1
Corp
58%
8%
94
Nov
Feb
12% Feb
—
•
!
Co
Standard-Thomson
5%
8%
100
Inc
Metals
100
*
common
1st preferred
Pratt
300
5%
5%
2.50
common
4%
11%
16
•
Products
9% Mar
25c
Alexander
&
Corp of Canada
4%
11%
4%
1
10
common
x2%
i
1
preferred
Standard
Sterling Aluminum
Pleasant Valley Wine Co
-
B
class
Common
$7
2,800
•
__
v
Standard
Dec
36
11%
11%
50
i
Dredging Corp common
convertible preferred
$1.60
Jan
2%
2
2
Pittsburgh Bess & Lake Erie RR
Pittsburgh & Lake Erie
Pittsburgh Metallurgical common
t
Standard
11 %
6
x
3
42%
1
common
~
July
Seal common
preferred
9%
Dec
2,100
22
24
l
Co
Brewing
5%
7
shares..
Mines Ltd—1
Standard
54%
12
•
•
3'%
Oct
11%
1
•
2.78
1
10
1
—20
1
10
Stahl-Meyer Inc
Dec
7
3 Va
12
Co
Corp
Mar
43
100
:
Royalty
39
-
Pinchin
6% May
12
3%
•
common
Spencer Shoe
8%
Dec
9%
9%
9%
50c
Phillips Packing Co
Jan
Dec
1 % May
15%
Jun
4%
850
55
54
_20
common
Southland
6 Va
4%
99%
1,500
40
39%
391/4
2.5u
common
Oct
Dec
200
1
Perfect Circle Corp
Pharis Tire & Rubber
preferred
3
•
(The)
cum
Southern Pipe Line
Nov
275
101% 103
100
2.50
4.32%
4%
Dec
15% May
400
106 Va 106
—
25
25
25
25
25
1
5
•
preference
conv
Jan
Feb
Edison—
preference
conv
Jun
Jun
5%
Dec
10
Line
Pipe
4.48%
1%
5% Mar
•
common
Light 4%%
56'4
1
original preferred
4.88% cum preferred
2
•
Co
Penn Water &
Pepperell
714
1
common
•
Penn-Dixle
Penn Gas
common
preferred
preferred
54%
12.50
5%
4.56%
Peninsular
54%
1
common
common
California
Southern
85
8734
11
14
100
•
Corp common
South
Pa
Jun
1,500
20%
13%
1
1
Oct
Soutnwest
27%
1,200
20
LO6V2
Jan
4% May
Dec
Va
200
3
2%
3
—1
Corp
Sep
May
24%
Nov
1%
£1
—
Manufacturing Co
Aug
31
*
>
Feb
2'/a
/
!
Solar An craft Co
4%
Nov
Dec
100
11%
11%
14
1
*
100
Co
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux City Gas & Elec Co—
3.90% preferred
Smitn (Howard) Paper Mills
Soss
Jan
Dec
72
400
ft
20%
•
preferred
Manuiactunng
SSolar
Jun
2%
Oct
Publications—
Simmons-Boardman
Sonotone
19%
10 % Mar
*
*
14 >4
17%
5
4
ill
Sick's
19%
Sep
3%
*
Nov
9%
100
•
Canada
of America class A
Breweries Ltd
Mar
2%
11
1
Sep
25% July
Feb
23%
,
Corp
17%
Mar
23
200
24%
24%
•
Apr
July
Mar
12% Mar
•
Co
Co
.
•
com
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Patican
36
8%
35%
32 %
preferred
Motors
Jun
8%
35 Va
preferred
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec Oil (CA) Amer sh
Paramount
10% May
3
1st pfd
preferred
&
8%
Feb
6%
25
Elec 6%
Gas &
5 Va %
300
25
common
Jun
Dec
,
13%
800
-1,100
100
preferred
Simplicity Pattern common
.Simpson's Ltd class B
Pacific Can Co
v
19'4
77
Shoe Corp
tbinger
3%
1% Mar
4,400
~4
B
•
1
25
"
Water & Power
$3 convertible
3
75
—
Sheller Mfg Co
4%
Nov
l'/a
100:
1
Sherwin-Williams of
22
"15 Va
2,800
"3%
common
Bherwin-Williams
34
15
200
1
Shattuck Denn Mining
Shawinigan
100
1
common....
Serrick Corp class B
Seton
.%
■
15%
2%
4
Jun
Dec
Feb
75 Va Mar
Control—
Safety
Sentry
.
10Va
1%
600
1%,
.
17%
"III
Inc
(R B)
Radio
Semler
l'A
-_25
High
26%
1,100
17'4
3
1948
year
"
1%
15%
'
5
stock
>4
■"*'
16''/a
16%
Range for
Low
1%
-
'£4-v
$5.50 prior stock
Allotment certiiicates
Sentinel
19
l'A -v
Segal Lock & Hardware:
Seioy Shoe Co__—-—2—
Selected Industries Inc commonConvertible
28
18 %'
18%
common.—
Shares
High
27'4
27%
Corp General
Bros
of Prices
Low
._25
Manufacturing
Scovill
for Week
Range
Par
1% May
8% Oct
Dec
33 Va Mar
100
37'%
37%
37 %
*
*
®
B common
American
North
%
500
6%
Power common—1
North American Rayon class A
*
Nortn Amer Light
Last
High
Sales
Week'#
Friday
Sale Price
Exchange
New York Curb
Range for year 1948
Low
78
%
13
5
Mines
Nlplssing
.
High
Low
Par
21
STOCKS—
Shares
of Prices
Sale Price
Exchange
New York Curb
JANUARY
for Week
Rang#
Last
WEEK ENDED
Sale#
W®#k'»
Friday
STOCKS—
EXCHANGE
CURB
YORK
NEW
Monday, January 24, 1949
CHRONICLE
FINANCIAL
3%
86
Jun
May
j
:
Volume
169
COMMERCIAL
THE
Number 4771
YORK
NEW
A"1
RANGE
Week's
Friday
STOCKS—
v
New York Curb
Last
Low
U
S
Radiator
common
U S Rubber
Reclaiming Co
United Stores Corp com
Universal
Consolidated
Universal
1
10
—.
10
common
Utah-Idaho
Sugar
Utah Power & Light common—
8%
Sep
Isarco
Apr
3
Jan
A 7s
with
A7s
ex
to H-•
•
'
■'
45
Nov
Hydro-Electric
Altalian
July
23%
Oct
22%
29
Jan
Kansas
Jan
McCord
1,900
Nov
2%
300
3%
Dec
19% Mar
Nov
Nov
1940
1
1
1947
England
Ohio
1
Venezuelan
6
6 %
5
1'il
Petroleum
Venezuela
Syndicate Inc
Vogt Manufacturing
%|
10
5%
2%
2%
1968
J-J
1956
F-A
1963
A-O
1967
Jf-8
64% 65
$104% 106%
1961
M-N
tl05%
Jan
2004
J-D
1968
A-O
A-O
1964
j-j
Westchester Ltg
Power
100
10%
Jun
Park
Dec
5%
Jun
Pennsylvania Water & Power 3%s_1964
15% May
12% July
Lexington
Waitt & Bond Inc
$2
Waltham
Ward
Watch
1
Tablet
&
Stationery
com
Westmoreland Coal
(Wm)
River
Wickes
1%
1%
4%
1%
71/4
7y8
Williams
(R
Willson
5%
C)
Brothers
preferred
Co
*
Inc
w
1
1
25
w
Winnipeg Elec
common
Wisconsin
&
Woodall
Pwr
Lt
Industries
Wcodley Petroleum
Woolworth
(P W)
*
4%%
pfd
100
Inc
—
__8
com
10
Jan
115%
Feb
161
21
15%
18
20
Juri
25%
Sep
18%
18
2%
Dec
16%
24%
8%
6%
Feb
11
6%
6 '/a
6%
100
5%
Nov
11%
9%
9'%
9%
25
9%
Dec
.3%
4%
4%
4%
300
15%
200
27%
900
17
30
95
15
27%
100
27%
100
100
9%
14
Feb
14
Jan
Wright Hargreaves Ltd
14
Jan
Dec
12%
Dec
.6% Nov
2A
2,800
9%
Jan
1%
"2'/a
NOV
May
114
1940
J-J
A-O
105%
103
105%
101
101
101%
__
__
104% 104 %
101%
105%
94
98
2
94 %
$124
—
"
130
65%
22
22
22
22
22
36
95
114%
65%
22
100%
13
36 %
—
101
105 V*
104
126
63
75
1
16 >■:.
30%
3
16%
30
-■•v.-4
Industries—
stamped
—.1946
Hydro-Electric Co—
V?s with Aug 1 1940 ccupon—1953
Vis ex Aug 1-1947 coupon
1953
Electric Service
A7s
with
ex
Dec
Dec
1
A 5s
income
Washington
1940
1947
1
Waldorf-Astoria
600
2
*
A-O
United
Nov
7%
A-O
1966
United Electric Co of N J 4s
9%
7%
1950
trust
$105%
$101%
Corp—
stamped
2nd
A7s
jtl
deposit receipts
preference
3rd'
113
101%
26
104% 104%
M-N
Sep
12%
Ps
6'/o
F-A
1989
inc 5s
(Hugo)
101
97 %
1970
5s
Dec
7C0
115
103%
—
3Vis
Elec
&
160
98
$99% 100%
(Calif)
May
400
145 %
5
99Vi
104% 105'%
J-J
Gas
29
10%
34
$101
104%
A-O
103
Ltd—
American
A-O
M-S
J-J
Feb
A 6
19
—
F-A
3Vis
Jan
14
13%
Terni
$99%
$113
1973
B
Gas
19
A 6
106
3
102
1973
Gas
(Hugo)
A7-4s
7% May
Jan
93
105%
103
1
30 Vi
1971
collateral
Stinnes
12% Mar
15
82%
103%
1970
G)
(A
A7-4s
May
108
103 %
1
-
102
Jtf-8
1965
3s
:
AStarrett Corp
5s
104
104%
100
151% 152
102
M-N
-
1951
Edison
ser
Counties
Spalding
Jun
600
'
A-O
1952
mtge 3s
Stinnes
8%
-
J-J
3s_1981
6s B
mtge 3s
ref M 3s
Southwestern
Jan
177/s Mar
100
inc
Pow
California
Southern
Jan
•
Lt &
Steel
1st &
Jan
14
125
~150
.
87/a
:
Mar
107%
101Vi
2
20
106
30 Vi
67
106
$12
_
1952
Southern California
1st
58
104
—
106
.<
1960
1998
3Vis series A
Apr
May
i
102%
104Vi
$92 %
•
103%
15
104
$105%
—
j-j
25
109%
101%
''.r.V—.'
107% 107%
+103
17
104 7/«
107
6
„
104
107%
28%
104%
$101% 102
65
15%
__
108% 108%
J-D
coupon—1960
coupon
debs
Joaquin
Southern
29% July
40% July
Nov
$101
19
-
Borough Gas & Electric—
Scullin
May
112
33
15
„
Apr
7% July
6% Mar
40
__
2
new
800
25 %
Co—
1940
1947
Safe Harbor Water Power Corp
San
2% May
Dec
24%
1
common
6'/a
Dec
Jan
2% Mar
23
.
Jan
1%
400
•
5
&
Products
Wilson
2%
13
140
10
Corp
%
1,450
.
114
20%
& Co
11,700
7%
113
1
;
Oil Corp
(The)
Nov
1%
20
Weyenberg Shoe Mfg
Wichita
Apr
8%
4
Westmoreland Inc__..
Whitman
1%
950
1V2
1
Manufacturing
1.25
Utilities $6 preferred
•
Maryland Ry 7% 1st pfd—100
Western
3,500
4 V2
Corp
Texas
Western
2%
1
1
5Vis series A
110%
10%
Oct
Oct
High
Service Elec & Gas Co—
Queens
11% July
Feb
Feb
July
Hydro-Electric
ex
50-year 6%
3% May
Nov
8
10
10
Wentworth
West
200
2
30
Co
Aircraft
9%
106
Baking Co warrants
Warner
9%
1
preferred
cum
1%
■
9 V2
3s
mtge
—1970
Vis with
Public
100
1st
J—
3 Vis
A6Vis
«...
ctfs ext_*
trust
4s
mtge 3 Vis—i
mtge 3s
Dec
A 6
Wagner Baking voting
7%
preferred
1st
:
Sep
W
_•
4Vis
3 V4s
98
Piedmont
Waco Aircraft Co
Power
Jan
1st
25%
RR-*-
2%
700
12%
2%
•
10
16
J-D
to
20
'
I960
5 %
3,100
12%
20c
Nov
5
67
70
5
5 %
300
6%
70
1948
Low
$12
3Vis
4%
year
Wo.
5
J-J
at
Range for
Sold
31
1968
Valley
&
Y
Bonds
High
31
1952
coupon
deb 4 Vis
New
common
Friday's
1971
Corp
N
convertible preferred
or
Bid & Asked
1952
coupon
Milwaukee Gas & Light
$4
Week's Rang*
Last
& Light 3Vis
Power
Extended
Valspar Corp
Friday
:
Sale Price
Period
Superpower 6s
Midland
22% May
36
19
38
$12
1949
J-D
$100% 101 Vi
100%
103%
Co—
1950
$31
1956
coupon
coupon
$12
35
18
27%
Hotel—
debs
Water
1954
rtnn
West
Penn Traction
Electric
MS
1964
J-D
2030
A-O
.1960
J-D
—1959
Power
West
F-A
3%s
5s
5s
82;%
82 %
72
86
107% 107%
106
108
$108%
'
102 Vi '108%
__
$118%
117
....
120
Western Newspaper Union—
6s conv s f
New Y'ork Curb
Interest
Exchange
Last
Period
or
Sale Price
Friday's-
1970
J-D
Associated
1953
J-J
1955
M-N
1964
J-J
1960
J-D
Assoc Tel
Atlantic
Bell
Electric
&
Tel
4%s
deb
5%s A
City Electric
Telephone
3%s
Steel
SCentral
A5s
1998
A5%s
Electric
104
5
103%
109
$160
180
101%
Jan
-92
90%
95
93%
95
1966
M-S
105
105
A-O
103%
103% 103%
1969
M-Q
3s
1977
J-J
1969
J-D
1976
J-J
1981
A-O
1962
M-N
Lt
&
Pwr
ref
ref
mtge
1st
ref
2%s
(Bait)
2%s
ser
series
R
Gas
(Bait
City)
1st
Eastern
Elmira
&
s
A6Vis
ser
&
Elec
with Nov
A
Nov 1
ex
1993
3'/2S
A-O
104
106
103
105%
13
10514
107%
78
88 %
102
206
z
106%
External
100
102%
8.
100
97%
,
2
102% 102%
$112%
S? ~~
101% 109
111%
—
Mayj-j
1956
;63
M-S
#1 '
61
—
100 %
99
$114% 120
'
28
48
48
,
99
—
63
V'""
1940 coupon—1953
$31
1953
5s
stamped
—
Indianapolis Power & Lt 3%s
A6Vis
A 6
A 7s
Vis
(Dec
(Aug
1
1941 coup)
series
A 7s
■
1941
coupon)
F
(July
J-/
1963
J-D
J-J
1970
M-N
J-D
33%
F-A
$33'/a
$102
51%
v
38
102%
—
coupon)
escrow
56%
$105
12
105%
1957
31%
1957
1952
33
102
J-J
33
$33%
61%
;
2
__
J-J
'
35%
15
177/a
55%
stamped
Jan.
Util¬
roads
ities
179.15
52.75
180.14
_
_
78
$5%
__
,
$13%
6%
5
14
$41%
$28
63%
.
18
24
__
—
—
8
12
30
—
$41%
.
31
39%
42%
__
42
44
44%
—
43
.
v
22
27
1
62
81
-
r.
63 %
reduced
(Republic of)
to
•
2%s
2008
J-J
53.13
15
28
1997
to
Government
J-D
1919
M-S
2
15%
16
163
26
2%
1921
stamped
reduced
J-J
2012
2%s (ser ABODE)
Janeiro
28
26
5
3
201
V
.
25
27
—
J-J
2%
16
13%
157/a
18
24
(Plan A)
2%
6%s
—
Abbreviations used above—"cod," certificates of deposit;
.
2%
2%
2%
10
1%
3%
1%%
3%
as
Total
"cons," consolidated;
"cum," cumula¬
"conv," convertible; "M," mortgage; "n-v," non-voting stock; "vtc," voting trust certificates;
when issued; "w w," with warrants; "x w," without warrants.
"w 1,"
compiled by Dow, Jones & Co.
10
10
First
Second
10
Total
65
Indus¬
'Grade
Grade
Util¬
40
Stocks
trials
Rails
Rails
ities
Bonds
34.28
65.08
101.89
103.26
89.88
103.44
103.41
99.62
34.38
65.43
101.86
53.09
34.58
65.58
101.89
103.58
90.07
103.66
99.80
181.12
53.63
34.72
65.90
101.92
103.72
90.39
103.76
99.95
89.91
103.80
99.75
Jan." 20
181.43
53.99
34.90
06.13
101.88
103.85
90.69
103.58
100.00
21
181.00
53.91
34.94
66.03
101.73
104.23
90.96
103.54
100.12
Jan.
84%
60
—
180.55
18
19
Rail¬
trials
17
Jan.
58
1
—Bonds-
20
Indus¬
Jan.
1
72"'
(Plan A)
*10
....
75
being traded flat.
§Reported in receivership.
Exchange
30
15
39%
$70
__
J-D
Stocks-
Jan.
31
75
—
8
2
daily closing averages of representative stocks and bonds
the New York Stock
Date—
62%
37Vi
A Bonds
75
the
•::%*;61
26
J-D
34%
6
are
65%
—
.
3.7%
__
A-O
35%
65%
on
—
38
1972
34%
17%
32%
Below
$61%
26
Stock and Bond Averages
listed
High
61%
,;tNo par value,
a Deferred delivery transaction
(not included in year's range),
d Ex-interest,
e Odd-lot
transaction '(not included in year's range),
f Ex-distribution,
g Ex-stock
div.
h Exprincipal.
n Under-the-rule transaction
(not included in year's range),
r Transaction for cash
(not 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.
35
17%
16%
65%
65%
1948
Low
—
37%
1931
of
A5%s
36
32
..
__
—
37%
1947
ARussian
106%
17
11
v
36
year
No.
—7
1927)
Interest
103%
17%
36
High
J-D
Oct.
102%
103%
—
33%
33
Range for
Sold
M-N
(issue
Rio de
61
56
'
3
58
Bonds
1951
Jf-N
tive;
ctfs
2%s—--.-2008
1947
Peru
Interstate Power Co—
A Debenture
Friday's
$61 Vi
—
1927)
Interest
€
100%
102 % 102%
,—1955
1952
1941
or
Bid & Asked
—
M-S
May
Parana
31
Sec—
C
series E
A7s
A 7s
series
1950
$50%
J-J
(issue of
Is to
M-S
1955
Gs
1952<1
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
103%
112%
24
$12
1958
Guantanamo & Western
International Power
Week's Rang«
Last
Sale Price
*
33
1901
Trunk Western Ry 4s
Green Mountain Power 3%s
M-N
F-A
A7s
Finland Residential Mtge Bank—
Grand
1953
A7s
48
97%
110
'
J-D
(Peru) 6%s stamped.1958.
Maranhao stamped (Plan A)
65
29%
1
18
.
J-J
A Lima City
115
55%
A-O
.1953
Interest reduced to
Co—
coupon
5s
Danzig Port & Waterways—
.AExternal 6%s stamped
101
.96 V2. 100%
2
5%s—-
External
■■■'
99% 100
f
99%
11
$104%
AT-N
1963
5s
Mfg
1947
88%
97
82%
10
s
106%
87%
81
62
105%
106
-
123
(Col) —
A20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish Cons Municipal Loan—
AMedellin 7s stamped
Mortgage Bank of Bogota—
1993
RR
1
Period
Agricultural Mortgage Bank
Division—
J
Fuel
Lt
Marelli
%
N
Interest
\
New York Curb Exchange
102%
RR—
mtge 4s ser B
Gas
Water
Ercole
of
mtge 4s
A 1st
1954
& Western
Lackawanna
Friday
BONDS
168
98%
—
mtge 4 Vis
Delaware Lack
A 6
Q
w—
88 Va
*
debs__
conv
Consolidated
Gen
2%s
■
—
mtge 3s ser P
1st
111
155
15
92%
M-S
5s
Gas El
106%
108-%
101% 101%
1953
5s
1st
'
1007/a
96
$108
J-J
Debenture
1
92%
4
1954
Debenture
■'*,
50
106 % 106%
1G6%
Foreign Governments & Municipalities
102% 108
99% 100%
Low
.1948
Debenture 5s^
Consol
Lowi High
57
Corp—
redeemed)
Service
104
1918
year
No,
101% 101%
100
J-D
redeemed)
(20%
98 %
102
Range for
Sold
High
106% 107
Q-F
1970
States
<20%
Cities
6s
2%s
Edison
Boston
$100%
Canada—
of
5s series C
Bethlehem
Bonds
-
Bid & Asked
Low
Appalachian Elec Power 3%s
debentures
Week's Rann
Friday
BONDS
33
Co—
Kansas Electric Power
19 % Mar
100
22
3% May
Sep
35
••
2 %•
2%
2%
'wVV
26
26
5
300
40%
Interest
Low
1 %
—
'
,v
Exchange
High
Dec
2%
39 %
New York Curb
5%
-J O O
,4051
.
21
•:
50o
Insurance
Universal Products Co
i
5%
—
10
\
EXCHANGE
ENDED JANUARY
Range for year 1948
Low
1
Oil
WEEK
BONDS
Shares
High
5%
5%
1
CURB
FOR
CHRONICLE
for Week
Range
Par
FINANCIAL
Sales
of Prices
Sale Price
Exchange
&
J'
Monday, January 24, SL949
CHRONICLE
FINANCIAL
COMMERCIAL /&
THE
'(406)
34
<,
OTHER STOCK EXCHANGES
WEBK ENDED JANUARY .«!:•■ «■
RANGE FOR
Week'*
'Baltimore Transit Co
1st
Dec
2
Mar
12
Apr
23
X164'/2 165
36
138
Sep
Fidelity
140
8
2
50
-30
_il975
-:1975
291/2
•
52
31
426
511/4
31
& Guaranty,-.
National Bank,
Western
Nov
Mfg
52
182-
Edison
Corp
30%
Oct
Feb
52%
Jun
.451/2 July
42
Jan
48V2
$3,500
43
Jun
68
Jan
56 »/2
6,000
45
Jun
77
Jan
42
48
48
Transit
4s
Co
5s series A
56
55%
Fox
General
12
Corp
Motors
Refrigerator
for Week
Harnischfeger
Corp
Sale Price
STOCKS—
.
.
7
-77
;
Par
American
Sugar
Tel
American
Tel
American
Woolen
Anaconda
Copper
&
—
Edison
Boston
_
Railway—
Elevated
Boston
7%
Nov
6
6
50
5%
Nov
41%
143% 148 »/2
36%
37%
5,168
147% Mar
158%
219
33%-Nov
80
10
115
32
1
-115
Mar
57
16%
17
41%
41%
class B
Sep
59
Boston
Personal Prop
Boston
&
RR
Providence
7
Hecla
Service
70
4
1st preferred
pfd
Steamship
38%
245
21
21%
1,046
RR
Isle Royale Copper
;
Pneumatic Tool
Central
Service
National
Cos
...
27%
7%
& Libby common
Printing Co common
7
1
*
Field
&
Miller
64%
Jun
Northwest
72% Mar
.
31%
32%
360
4%
300
3Va
35
'
0
•
4%
28
56
313
42%
Feb
60%
14%
100
12%
Nov
16
6
8%
8%
17
137
Sep
.13 %
~
B3
85
Sep
100
•
'
■
:7
"
7
13
Jan
15%
Jan
5%
10%
10%
1,050
7% Mar
13 %
50
12%
Apr
150
22
30
350
26
950
19%
18
54c
-
570
8%
APr
'i
.
May
*
-
-
40c
,25c
100
....
14% ..Jun
25
106
17%
.655
65c
Nov
Nov
:16
-
-•
125
■r>
:200
1
14%
15%
155
6%
'
,Oct
•
»i
,6%' Dec
1
class B common
Corp
•
.T8%..Juiy
jlSVa Jan
:13%
14%
.90
1
11%
50
.13% Mar
.278
33%.Dec
.->41
42
.
5
•
34%
35%
51%
>51%
52%
51%
.48
52%
34-
3,647
25
--25
-!
J48%
Dec
31
-Jan
120
30
Jan
35
July
39
300
32
Feb
43
»'Nov
13%
13%
300
10%
Feb
15
Oct
250
25
Dec
34% July
250
11%
Feb
!14>A July
22%
500
15% -Feb
6%
550
■6
"~Jso
<20
1,900
25
26 %
33
32
33
38%
39%
,
27%
12%
13
—
*
.22%
Clothes common
1
<6<
Society Brand
41%
13
13
24%
25%
38
,40
•
,J>ec
~
3
3
-f
•3
-
•300
•
•
.
SUnbeam.Corpcommokke-,'-,,,,—
•
12%
Corp
Westinghouse Electric
24%
•>
f
!
h
\
208
.
'
■«.
South
"•
*'
United' Air
1,200
13%
-400
44
m".** ^IfiO
v
U
JO % uApr
S
43%
:44''•
CorpL,,:—1—•
e
40%
•+
<40%
12 V»
Inc—.
common—^—,—1
Steel
13
!.(
July
/
.36% Jan
r66l/ir
-
Jun
'2IV2
Jan
,:37
SO'A Nov
v
1,200
41
12%
43»/a
Jan
48
Dec
37% Nov.
f
•
Jan
43
+Oct
>18%May
<-9% Nov
300
iv.7
68
-600
70%., 72%^
25v», 25%
- --aoo
—-•
25
W^stinghbuse Elec^ &.Mfg>.com_,-^12%<.
"•49% .jun
Jan
36% .Sep
r
.Nov
.
;t.j:52% Feb
**jl3
Dec
200
25
'9V4
28'/a Dec ,7
300
~
3l6%;May
1'
&-JCarb capital (new;
Lines
54%
24 Va
v.
.10
* Jun
;53
:•
:.27% Mar b
900
54%
:•:
v-
32
"13%
54%
.
Salle; St
La
Union Carbide
10%
5% ,Dec
May
3% Jun
•
,
Av,
Nov
12%
/'
' Aug
14
Dec
•'
Jan
29
-Dec
-
,x37% Feb
-
V-
200 i
30
25
5
450;
34
,10"
LlO%
.
<206
-
8V4
2%,-Mar^-'
—.100
•
6V4.
>
•33%"
stock^____^_——.'25
(The)"commorL4_-^-J-4.—-2
Trane-.Cp
w6Va
,
•33%
Th.or Corp
•it
V6%
.
13%
;;13%
-
,
(The)__^_—
39%
'39%
.
12%
Wieboldt: Stores - Inc common,—-
12%
-Mar
—66%
12%
Dec
Oct
*33 Va Jun
23% -Dec
iioo
t
.
,18% May
*
*
Waldorf System Inc
t
Jun
•32
Mar
7%
200
8Va
-«7%
'8%
-
—
21%'
20..
20
•
tContalner): Corp cQm<hpn^__lL._.l
7
4 .■.!*.
•' •;
'i :
Swift & Co capital
,62%/Apr
37 % ;De©
-733
39%.
40%
13%
58% May
Feb
j-Nov
-925^-' .v48
v
—10
May
25
16%
27
•
Jan
34
150
34%
22
80
; 16%
•
Texas- Co
May
Nov
34
Dec
j
24% May
16%
430
*
«' 3tone
•< .'•?'
J6% Sep
-13% Feb
»1T%
l—_
Jan
Dec
.300
,
common
Standard Oil of. Ihd capital—____i_25
Corp common.
,5
i
;2% ,Jan
•
May
19
7%
19%
26%
Soi(th Bend Lathe Works capital
5
Spiegel :lnc common.™—
2
Standard Dredging common-i:i,^i-,-20
i
Jan
22%-May
3% .Feb
:1%
•
May
Feb
10
19%
19%
Sundstrand Mach Tool new. com———5
•f700
■VA
•6%
Jun
10
•
Nov
19
6%
1,050
f
Apr
Dec
May
24 VB
May
15
1
■
Dec
8 Va
,20
,'96
Dec '
78%
.
106 Va 106 Va
16%
9%
•
3inclair ,Oil Corp:
1.
12% ;Jan
,
.
j
>
03^
7% Mar
20
7%
.25
preferred
prior
Feb
May
•/',357f
i
.
.5
Coal Co .common...—
body
|
T5
30
Mar
23%
18
9
i
j
Oct
to
Feb
23%
9%
j
7
29%
.:
7
Jan
9
Nov
24%
'
*
U$ Rubber.Col--—
Dec
8% Mar
13%
1
common—
{
.
9%
100
2%
common
•
Manufacturing
'
1
|
j
3,600
>—20
*
common
common
Shellmar Prod Corp
i
21 % .Jun
-7% .Nqv
85
8%
40c
14%
United'Fruit Co
Jun
29% May
Signode Steel Strap common
;■*
.
i
10
Drill
Twist
Union
-
74%
Dec
24%
,
Jun
7%
3.8Q2
9%
8%
,
J—25
—United Shoe Machinery common,
•i"'
preferred
Jan
22 %
4,600
-
Jan
,14% Dec
j25c .July
13c
13c
9%
-L-50
Stop & Shop Inc
Torrington Co
44%
200
39
Pea
Sep
71
54
-TOO
14%
16%
Stone dL Webster Inc
450
22%
7%
10
,
Oct
Feb
6% Feb
31%
55
61
50%
>.14%
Bhawpiit Association
*
53
\
Mar
41% Mar
100
11%
,11%
60
106%
Folding ^Machine
Jan
*
50 Vo
,-100
Qyincy^Mining- Co
Apr
21%
10%
Oct
4%
Jan
14%
;11 %
Car
Bancorp
•
.
Oak
Oct,
55%
il_;„4_2.50
iReece
10%
Dec
2%
10
31%
—IOO
.,.100
,,,,
Dec
15
10%
39% May
1,416
(N H)
Pennsylvania RR
8
50
2%
Feb
39%
North Butte Mining
RR
700
•7%
Stewart-Warner
Northern
8%
15%
10%
1
.'
' •
Jan
11% July
22%
common.—,^
Bush Shoe
Nunn
Oct
Jun
14%
51
53
vtc__
common
prior preferred
$1
34 %
Dec
Jan
2%
Hart Inc
&
Dec
7
50
8%
—5
capital,,
'
23% Mar
15%
8%
•
common
Products
Food
Corp
Modine Mfg
,
•
Co
July
/
Dec
26%
1,400
McNeil
42
Mar
v,8%
600
10%
common
50;.. •'• 7777-'.
38%
20
Electric System
New England Tel & Tel__,
..••N"IY New Haven & Hartford
18%
42% Mav
39%
5
1
England
New
28
700
31% Mar
368
a---1
Nash-Keivlnator.
GOO
■7%
Middle West
>.
•:
750
18
59% July
58
58%
100
*
Assn
Racing
Narragansett
11%
30%
18
16% May
Feb
,9%
11%
29V8
18
49%
34%
56%
,-1,00
RR common—
preferred
Mergenthaler Linotype
Jan
Dec
26 %
58'/a
*
25
5%
64 Va
44 %
10%
Serrick
Maine
Dec
41 Va Mar
44
,
30%
•
com
(new)
Harvester
Co
Mickelberry's
.
—15
__
49%
50
26% Jan
-*
Boston
Loew's
11% May
40
Aug
26% Feb
—*
Copper
Theatre
Kennecott
Sep
Jan
x51%
44
17% Aug
21
34%
Co
Gillette Safety Razor
com
9
51
26%
5%
General
Jun
20
600
10%
___
Stores
Electric
28 %
9%
19
•
National
First
Jun
Dec
v
9
27%
8 Va May
•
60 % Sep
70
*
Employers Group Assoc
May
12
Dec
18
16%
1
•
Marshall
Sep
:74
Feb
34
Feb
38
100
Inc
Lines
.
'
67%
,100
series A_
adjustment
6%
5%
150
17
900
20
18 %
9% Mar
51
10
100
capital
Co
-North American
Eastern
19
16%
*
Jun
18
Feb
13%
31%
68
50
9
..3
25
com
new
Ex-distribution
Dec
67%
9%
Lindsay Lt & Chemical common
Aug
450
Massachusetts Street Ry—
Eastern
,/Dec
1_°
Libby
Aug
11
4%
45%
Feb
14
Apr
10
10
44%
28
Switchboard common
Drug
Lincoln
Aug
Dec
5
95
5%
51 %
Feb
2%- Aug
257
16
5
Central
International
4% May
Dec
;
•'v5, 5 Sep
20
70
Brick
Katz
Oct
\'C; 67
25
15%
16
•
100
—5
100
Trust
38% May
300
1,?50
16%
Feb
21%
2
5%
Sep
15%
20
1
Bartlett common.
& Co.
Kellogg
32
5
5%
Oct
Sep
19
1%
1%
'"MMs
1st pfd stamped—100
Oct
13
32%
1
(Geo A)
Illinois
43 % May
18 Vt
312
43
65%
9%
.
—•
Jan
7% May
Feb
7%
1,100
,14%
—*
Jun
127%
58%
970
2%
2%
Spencer
Illinois
Jun
135
Dec
36%
10.
57
5%
&
c
1,825
17
Corp
Independent
42
9%
19 V4
50 % Mar
1,000
9
Jun
40%
NOV
75
Werner
Hormel
July
57
Feb
30%
34%
.
8%
Cities
Dec
•41%
60
58%
59%
10
Hibb
Jun
40%
119% 120
100
preferred——__ 1——100
preferred-stamped——
100
cl A 1st pfd stamped
100
Calumet
52%
Nov
116% 116%
prior
6%
Dec
36%
stamped
Common
7%
.34%
,55
RR—
Maine
&
v
230
35 %
33%
—.—100
——
Low
$
37%
100
Stamped
Boston
,,
,■!
Unstamped
37%
.100
25
RR
Albany
&
Boston
147%
16 V2 May
200
cap
new
Hein
High
34%
pfd_—100
Bigelow-Sanford Carpet 6%
High
36 %
*
100
100
*
50
Agricultural Chemical
Refining
American
Low
12% .Dec
450
common
Co
'16%. Jun
8
-10
Jun
Feb
Mar
12
common
Brew
Jun
110
82
'.••15
Range for year 1948
Shares
of Prices
(G)
Jan
3%
51
5
"
Heileman
10 %
.1-1
common.
Co
Dec
""100
.
:
•
;
7%
Hammond Instrument Co common
Sales
Range
13
Gillette Safety Razor common.
Great Lakes Dr & Dk common
Boston Slock Exchange
Week's
13
Apr
29 Vb May
'72% Dec
6%
200 7
Jun
,63%
7%
July
-1%
Inc
common.
Finance Corp common.
Gihson
Last
Brewing
(Peter)
General
Friday
92
l15
—■
#5% Jun
.
..'jFeb
25'.
Jan
80
;5Va,jDec
150
2% :,'•
95
■■,*
^
Watch
National
Elgin
Flour Mills of America
Baltimore
2%
32
2,400 7
7V4
7%
1
Eddy Paper Corp (The)
9
42
,
100
—5
Feb
25
BONDS—
,
—10
common
Domestic Credit Corp class A
,441/2
iDec
.50% Nov
.300
26%
25
26 %
25
common
14% May
>9% ,Nov
i64
800
;
; 45%
.5%
;Jan
106
.
5%
•5%
j,Club Alum Products Co common
Jan
1611/2
Jan
105
1
105
105
:100
ifi.75%
56%
45
10
Cities Service^ Co common-i.,^-
Jan
*
Commonwealth
Mount
54%
56%
200
48
10%
70
Jan
-5
106
Dodge
Vernon-Woodberry Mills—
prior preferred-,
Amsterdam Casualty.
n
161/2
13
.104
3.00
"
(new)——2%
.High,
.;.,LPW
H\gh
10%
;Gl)icago Towel Co common.
:Chrysler Corp
Range, for year 1948
Shares
66%
•
High
•
15
3,00
>15
20
New
low
141/2
141/4
r.
*
:*
__,,.100
Ttc
common
preferred vtc___
Fidelity & Deposit Co
>b%.
Low
—1
Chicago Corp common—,,—
iRange for year 1948
Shares
High
low
Par
Arundel Corporation
for Week
of Prices
for* Week
of Prices
Par
Sales
-
Rang*
Last
Sale Price
STOCKS—
Exchange
Week'*
Friiny
Last.
Sale: Price
STOCKS—
Sale*
,K»i»gc
I Friday
Baltimore Slock
10
12% .Dec
;15%
Jan
1,109
23% jDec
33 Va
Jun
Wisconsin /Bankshares
common.
.
2
.(—1_
Woodall Jndus- common
T-
__
10% .j0%
500
—
10%~10%'-"
-
TOO
«
JlO„>Feb
,10 > ' Nov
•11%
Jan
:14
Jan
.■lifHX
,y
■.
<
Stoeka—
Unliated
>
•-
.■
r
Alleghany Corp
—l,,,,,.
1
American Air Lines Inc—.——1.
Friday
L**t
Par
Admiral
Price
Sale
STOCKS—
low
•
l
Corp common
18
4%
5
Advanced Alum Castings
*
Bearing
Ball
Aetna
Tel
American
Armour & Co
Asbestos
Co
147%
7%
Bendix
300
.4% Nov
Corp__
36
14%
10
common
36
36
15%
1
Mfg Co capital.—
Corp
capital
(E J)
14
if
.
200
13%
49%
48
Piston
Butler
Bros
Ring common
Carr-Consol
—12%
Central
Cent
&
For
Biscuit
W
10
common.
111 Secur Corp
S
Util
conv
page
.
.
pfd.
,.1
<■
50c
common
see
20%
42.
16%
9
2%
.
'f
General
Electric
.General Public
36%
Dec
13% May
9% Mar
10
x8%
Dec
13%
Sep
300
42
Dec
62
Apr
49%
15%
'
.1
New
11%
16%
9
7 100
—
Radio
Jun
3C %
Feb
.41
May
34%
100
.,100
23% Nov
32% May
>92% M®r
TI8V2 Aug
•;
>
—
Corp
North American Co
Motor
Car...
Pan
18%
Apr
Dec
15%
Jun
Paramount Pictures Inc new com
2%;
Dec
Jan
Pepsi-Cola
6
2%
2%
850
12%
50
10%
Feb
15%
Jun
Pullman
10%
11%
2,600
8%
Feb
12
Nov
Pure
.
-
300
30 Va
Feb
>39%
Oct
13%
400
.12%
Nov
187/a
Jun
13
100
12 Va
Nov
197/a May
10%
500
10%
Feb
14%
Jun
7%
200
6Va
feb
10 Va
Jun
7%
8%
700
4%
Jan
12% July
Oil
Co
700
5% Mar
10% July
38%
700
31% Mar
42% May
11%
39%
2%
11%
100
11
2%
2%
900
4
5
5%
(The)
common
14 %
July
Dec
5%
Jan
4%
Feb
81/2 May
5'/a
5%
1,200
14%
100
14% Mar
21%
12%
12%
500
12%
18% July
4%
500
Feb
14% M«r
4%
"4
2%
8%
8%
200
1
23%
23%
300
9%
9%
30%
30%
•
Nov
2%
14%
.7
1R%
Jun
Jan
4
Dec
5% May
8%
Nov
11% May
18% Mar
700
7%
100
x25%
Nov
42% July
*
Inc
Co
5%
39 Va
5
1
*
—10
*
■
33 %
American Airways Corp
Sep
12%
.
'*
1
—
•
16
200
32%
7%
8%
—5
8%
300
2,100
103 Va
32%
10%
1
*
Co
York Central RR capital
Packard
8%
9V«
;16%.May
13
Nov
100
.
&
Utility Corp
Graham-Paige Motors
Laclede
Gas Light
Oct
Nov
300
16%
4% May
Feb
13%
*
Jan
14
11%
1
40
Nov
6%
u
Mar
Aug'
—
common
Curtiss-Wlight
Farnsworth Television
Apr
Nash-Kelvinator
•
Burton-Dixie Corp
.,.;•
,12%
24%
102
32%
25
1
Co
t.Columbia ;Gas System Inc (The)
Continental Motors
2% May
31
Ry
Certain-teed Products
Jan
4%
Dec
13%
700
7%
9%
-10
_
32%
7%
8
Dec
30
100
Pacific
2% May
1%
250
32%
7%
.400
24%
10
Jun
2
300
;;7' 7%
t6% ^Oct
.4.200
....
7.34%
Mining>.w—,50
Corp,.
Atchison Topeka & Santa Fe__——100
Betnlehem Steel common knew—
Canadian
May
15
1%- Dec
1,000
common...
Steel
Dec
12% May
158%
Dec
300
7%
Binks
Burd
6%
2,100
2%
Co
Wi
148
.u
.
6% May
Feb
Feb
Mar
1%
5%
1
(George
'9%
7%
7
5%
Aviation
Brach & Sons
/
22%
Feb
7%
5%
Berghoff Brewing Corp
Borg
3%
400
4%
10% •V 350
148%
1,900
2%
«
Mfg Co
7%
100
18
3
4
capital-—
High
low
3
Avco Manufacturing
Belden
Range for year 1948
Shares
High
common
Washer
Bastian-Blessing
144
Armco
8%
14%
(for Week
1%
1
common,
Athey Products Corp
Automatic
capital."-100
5
Co
common
Mfg
10%
common
Tel
&
Range
jof Prices
Anaconda Copper
Sales
.Week'*
7%
14
& St San- com—•
American Radiator
Chicago Sleek Exchange
2% ,Dec
8%
Feb
26% May
23 %
Jan
45
Jun
42
May
!)
Volume 169
THE COMMERCIAL & FINANCIAL CHRONICLE-
Number 4771
OTHER STOCK
* Week's
Friday
Last
f
;
.
Radio
Corp
common.l—*
America
of
1
Radio-Keith-Orpheum
Republic
Steel
Rexali Drug
Corp
Inc
.
Socony
Vacuum Oil Co
Spring
Stude.baker Corp common
Sunray Oil Corp_
United
.
1
1
—1
*
—
Corp
Wilson & Co common
17
72%
70'A
10%
2%
10%
Feb
33%
4%
Oct
Member*
7'/4 July
Dec
New York Stock
26%
—
Sep
32% July
Feo
23
91
4,900
14%
700
69%
Feb
500
200
300
300
11%
Feb
Detroit Stock Exchange
Jun
15%. May
9%
Feb
Ford
Feb
Telephone: WOedward 2-5525
3% May
17% May
Detroit Stock
v:,V::.
American
Par
Brewing
Champion Paper & Fibre—
Cincinnati Street
Cine
&
Sub
Bell
Dow
;
:
Gibson Art
Hobart
Kahn
'•
-
S
220
13
Dec
23
Printing
Feb
26%
5
Qct
11
Nov.
May
29'A
367
23
Feb
29%
Jun
7%
1,181
5-
May
.«%
Jan
75%
158
Mar
81
Jan
7%
315
10%
Jun
.
73
6'A
Apr
8V2 Mar
10
6%
Dec
25
25
100
19%
Apr
24%
45%
46
84
43
Nov ■<
58
21
21
80
16'A Mar
21
July
8'/a
13
20
Jun
Feb
16%
Mar
13%
13%;
47 Ye
47%
95
46% Mar
49% Aug
46%
48 Va
546
40%
Feb
48 *A
Get
20 y4
20'A
25
20%
Nov
29
Jan
17
47%
48 %
20'A
17
20
10
Feb
20%
Dec
Feb
71%
Jan
64%
64%
66 Va
11%
.8
11%
11%
75
39
———5o
39
42
62 Va
42
42
;
8
1,165
Jan
8
Nov
15
Jan
88
37
Dec
49%
30
41
Dec
50
/
Stocks—
6%
Apr
-
Jan
Tel_l
100
Tel &
American
,
147%
24%
25%
•7y8
25%
1
r
181
23%
Nov
95
8%
Cities
6%
Oct
143 y4
210
216
25
Columbia
Gas
•
Curtiss-Wright
Dayton
_.
148
32%
Oct
10% May
158% Jun
Mar
15
•
10%
11 Va
225
7%
7%
31%
25
28%
50
Dec
Feb
32%
.
25
•
.
45%
,
Jan
10% Feb
14%
Jun
Feb
12 y8
Jun
4%
24%
3i% July
Feb
26'A
27%
76
38%
38%
3.9%
140
32
Mar
42 %
Jun
10
Motors
59%
59%
60
152
50% Mar
65%
Nov
——50
33V3C
*
—15
—
Standard
Brands
Standard
Oil
.
U S
—*
'
25
10
(N J)—
(Ohio)
Oil
Standard
13%
16%
12'A
Westinghouse Electric
16%
65
16%
Dec
22 Va May
9%
75
7%
Nov
23%
Jan
13
13 'A
144
7%
Feb
15
17 Va
228
14%
Feb
23
29
87
19%
72%
214
89%
Feb
92%
90
24
Nov
35 Va
Tel
Tel
&
21
67% Mar
87 Va
24%
24%
92
24 y8
33
5%
5%
Apex Electric Mfg—
Prior preferred
—
—
1
100
Dec
Dec
500
Industries
Wood
Motors
General
Electric Motors
&
9'A
425
59%
338
62Y4 Feb
4%
2%
4%
2%
100
100
19%
i9'/4
136
13%
200
5%
14
5%
3%
3>A
150
4%
2%
19%
13
'6%
2%
7y8
7V4
385
1%
1%
1,315
1% Dec
1% May
'37%
2%
37%
2%
135
100
33% Feb
2T» Sep
37% Jan
3% Jan
1%
1'A
200
1% Dec
2% May
6%
6%
100
1%
1%
800
2
2%
2%
534
Dec
1% July
2% Feb
Iq
__
14
5%
1
common
5
Mfg
Kinsel Drue
__
1
Products
__
—
1%
1
common
10
preferred
Mfg
—
10
1
Kresge Co (S S) common—
Lansing Stamping common
Screw
National
__
1
2
Stamping
Packard Motor Car common
__
*
Parke
•
Davis
Pfeiffer
4
*
Brewing common
Raisin
River
—1_
W)
(H
19
19
2
—
Paper
& Die common
Superior Tool
Axle
Timken-Detroit
16%
U
S
Radiator
Woodall
5%
-
High
125
16'A
Low
16
Los
Cleveland Graphite Bronze
com
(Un)
Consolidated Natural Gas (Un)
Va a25%
12
Corp
(Un)
Mfg Co
Airlines
147% Mar
a7%
25
8
Dec
105'A 105'A
25
105
Oct
Eaton
Mfg new common
(Un)—
Rubber
Erie Railroad
—
Tel &
American
American
Gabriel
12%
Apr
Armco
107'A
Aug
Armour
General
Motors
Co
common
(Un)
(Un)
common
Jan
Tire & Rubber
Goodyear
Avco
Dec
81%
Apr
34%
Feb
Bandinl
142
72
*
a38% a39 Va
55
1
a24% a24%
,
Cooperage class A
Greif Bros
Industrial
Interlake
Rayon
Iron
Lamson
Trans.,
& Sessions.
20
22%
Nov
27
37%
Dec
51
Jan
48%
50
48%
Oct
49%
5
30%
Dec
33%
al3% al3%
125
9 Va
Feb
16% July
Basin Oil
110
20%
Feb
25
Bendix
6%
Dec
48'A
V
22
22
a6%
a6%
10
a39 Va a39'/a
62
59
316
59
a20% a20%
.
Metropolitan Paving Brick——
Dec
Aug
N
Y
Ohio
Central
Edison
common
Pennsylvania RR (Un)_
of America (Un)
Reliance Electric & Eng
Republic Steel (Un)_—
Richman
Bros
Standard
Oil
S
Steel
common
Motor
common
Youngstown Sheet & Tube—
Barker
Bros
For
footnotes
see
page
42.
.4% May
41% May
Dec
10
Dec
Mar
48
148% Mar
64
.
Nov
32
Feb
a26
7%
140
45
180
91
Jan
37%
Sep
591
4%
Feb
25
6%
Dec
Dec
Oct
16% May
65
May
157% May
Oct
34
251
293
Mar
10%
12% Mar
69
,
Oct
46'A Sep
V 40% Jun
31% May
15
May
117% July
49% July
7% Oct
7
7%
11%
__
11%
""
120
11% Dec
17%
10
16% July
7% Jun
Dec
3% Dec
Jun
100
1
10%
10%
10%
3%
20%
3%
20V2
3%
10
21
350
600
410
20
Dec
*28%
.1
Barnsdall Oil
Co
65c
55c
75c
5,000
49o
Dec
77 %c Jan
a45 a45%
17%
18%
a32% a32'A
55
1,650
65
1,321
1,000
767
33
Feb
20o
-
»
10
(Un)
Black Mammoth Cons Ming Co
Blue Diamond Corp
50% Mar
66
28
May
32%
6%
Oil
Corp
Oct
Borden Company
(Un)
Jan
150
11
Dec
14%
Feb
Borg-Warner Corp
(Un)
Broadway Dept Store
5
•
*
26
12
Jan
13%
Sep
Bolsa
Byron
Chica
Co
1
15
(Un)
Jackson
38%
294
11%
Feb
16% May
Canadian
11%
149
11%
Nov
15
Certain-teed Products Corp
10%
10%
275
10
Feb
15'A
*
_4
32%
33
210
24%
Jan
35
Dec
56
4%
100
4'/4
4'A Mar
6'/4
May
Jun
Chrysler
Pacific Ry Co
Service
Clary Multiplier Corp
Colorado
2%
Feb
27
12%
Feb
a28% a29'/a
114
29%
Oct
18'A July
29% Oct
50
a
16% al7
120
16 Va
Dec
22% May
11
7%
Feb
15
10
20
Nov
1
2.50
10
(Un)
Company
Sep
145
a20% a20%
25
(Un)
Corp
Jan
4%
al27/8 al27/8
32 »A
3c
32%
6%
6%
Jun
45
Dec
10% Feb
18%
Dec
27%
Feb
37%
Jun
9%
—
__
9%
3c
30% Mar
39%
Oct
2'Ac Dec
5c
Apr
8%
10
a40y2 a40%
52 Va 52%
9%
9%
8%
a25% a25%
8V2
„
10,395
94
830
1,280
130
20
6% Nov
13% Jan
39% Mar
42% July
47
Jan
65
July
9% Dec
15
Jan
8
Dec
11% May
26
Feb
34% July
Jun
al2% al2%
5
'
*
Co
235
4%
,
Nov
Nov
19%
May
17
12'A
—
2
Corp
10% May
Dec
12%
18y«,
33 Va
Corp
Steel
a45%
5
(Un)
Co
Aviation
11%
May
Fuel
Jun
&
Iron
1
*
Corp
14
13
__
5
Columbia Gas System Inc
Solvents
Corp
25
Corp
(Un)—*
Gold & Sav Mng
1
Commonwealth
&
Sou
171
22%. Feb
24% May
33% Oct
42
42 y4
551
39%
Dec
47
251/8
794
23% Nov
35
Jun
a71% a71%
77
Oct
82
67% Mar
13 y2 Dec
87%
al5
24% May
Continental Motors Corp
a707/a a71V4
54
65%
89% Nov
Continental Oil Co
455
170
10
Mar
13
13
Dec
281
91
750
105
52% Nov
12% Mar
22%
555
16
Feb
22% Oct
19%
33
19
May
20ya May
65% Jun
Mar
63%
Jun
'
4% Dec
6% Sep
Oct-
—
3%
75
150
10%
Feb
17
Dec
27% Jun
25V2
25'A
271
25% Dec
3y4
3%
3,390
28% May
3% Oct
2%
75c
Feb
Feb
1.35
1.35
1,900
22 Va
22%
442
21% Mar
7y8
7%
17'A
439
950
5% Apr
alO
10
500
50
14% Jun
1.80 Apr
Apr
24%
14Va
13
al0% alO%
16% 16%
*
*
(Un)
(Un)
Commonwealth Edison Co (Un)
13%
a55 Va a57%
a44J/4 a45!/a
5
5%
a 18 a 18%
18%
20
Preferred
a25% a267A
al5
.
High
\
6% Oct
7%
1048
year
2 % Dec
.26%
7y2
(Un)—13
common
34
•
>
a24%
__
3
13
a39'A a40 Va
*
1
(Un)
—:—
Low
al02% al03
a37% a37%
a25y2
(Un)_100
25
590
14%
12'/a
24%
670
10
a36% a37%
Cons
Chollar
Consolidated Edison Co
of N Y
—
(Un)_*
Feb
Consolidated Engineering Corp
1
7%
Consolidated
U
White
of Ohio
200
a33% a34%
50%
40
12%
12%
42
8%
a33%
Company
11%
-*
•—5
*
*
10
8%
a37%
Railroad Co
Petroleum
Commercial
Radio Corp
600
205
935
43
45
43
-8
RR (Un)
2%
Range for
u
2,955
31% Mar
1
*
National Tile & Mfg
High
145% 148%
Barnhart-Morrow Consol
Cities
class B
(AG)
Sales
Shares
a61% a61%
38% Mar
,2
a44%
13%
•
McKee
Sep
Oct
a31% a31%
& Ohio
Works
33
*
Jan-
7% Sep
for Week
of Prices.
147%
5
10
Island Lime &
Kelley
45
a61%
(Un)
34
1
*
(Un)
(Un)_
5% Dec
44% Mar
100
*
(Un)
(111)
Locomotive
44%
44%
*
Harbauer Co
l,OUo
5%
10
14
13"% 14%
a55% a55%
(Un)—*
Refining Co (Un)
Manufacturing Corp (Un)
42% Oct
34'A Apr
a44
*
-*
Jan
6% July
10% Dec
(Un)__30
10
Top & Santa Fe Ry
Baldwin
8%
(Un)
Atlantic
75'A
com
Gray Drug Stores
12
Apr
Oct
75
—
17%
100
10
a27% a28%
8
8%
__
14%
Budd
Glidden
6
14
Corp
Co
&
Jun
Feb
*
10
*
100
100
Mining Co
Copper
Steel
18
Dec
12%
1
(Un)
Co
General Electric (Un)
9'A
4
9% Dec
2%
2%
*
Corp
Woolen Co
Anaconda
Bethlehem
'
23% Jun
220
Range
8'A
(Un)—*
(Un)
(Un)
Tel Co
Viscose
Jun
45 V\
24%
-2
1—*
& Light Co
American
33
31%
110
443
1
Faultless
Dec
250
Low
1
(Un)
Radiator & St San
Smelting & Ref Co
Jun
158%
Dec
135
15%
a33% a34
15
Dow Chemical
2% Nov
12
Oct
3% Jan
9JA
Week's
Sale Price
1
>•
(Un)—
Inc
Power
26% May
20%' Feb
359
a7%
—15
Jan
8% Jan
8% Feb
725
_
May
3% July
6
Nov
2%
10
Friday
Baltimore
Illumin
Electric
6% Jan
20
Angeles Sleek Exchange
.
High
24'/2
Dec
146'A 146'A
a25
100
$4.50 preferred
Cleveland
*
18%
5%
2
common
5% May
33% Jan
68u
240
10
1
common
Industries
7% May
Jan
3% Jun
Dec
9JA
1
common
6%
12
Jan
23% Dec
3% Dec
14% Feb
9V2
9%
4
Dist
1.400
4% May
15
Dec
4
~
686
3%
Dec
6
■
Oct
8% Jan
5% Jan
23'A Jan
15% Jun
8% Jun
Nov
8
'
—
65%
Dec
Dec
Nov
2%
__
1
American
Range for year 1948
Shares
of Prices
Low
15%
1,476
500
3%
_
Dec
18%
1
Investment
Shirt
11%
_
5
common
Udylite Corporation common
Union
6%
6%
5
American
15'A
i
19
3%
3%
10
Scotten-Dillon
American
Sales
25
*
415
26
—
—
200
4%
4
25%
3%
25%
1
Rickel
> 1% May
23% Jan
9% May
9
59 Va
1
American
a27% a28%
I
Chesapeake & Ohio RR
City Ice & Fuel
5% Feb
—■'
2%
—
Kaiser-Frazer
Atchison
Cleveland Cliffs Iron common
Feb
59%
2'A
Manufacturing
Lock
Dec
18
1
1
common
Getity-Michigan Corp
Graham Paige common
Hoover Ball & Bearing common
Hoskins
Dq,c
65c
1,000
May
10
Manufacturing class B new—*
Gemmer
Howell
5%
1
Allis-Chalmers
for Week
105'A
2%
150
Last
Range
5
50U
3
Jun
Week's
—100
4% Dec
4% Jan
19%
Oct
Sale Price
(Un)
31% Dec
50c
Jun
72
Last
Coach & Body
Dec
2% Feb
3
Jun
25 Va
18%
Friday
American
26
31%
5,752
50c
Alleghany
American Home Products com (Un)—1
22% Mar
100
4%
Dec
Jun
19%
•70%
Cleveland Stock Exchange
.American
124
31%
19%
1
Par
Par
24
4%
1
Gar
Feb
31%
1
STOCKS—
STOCKS-
21% Jun
5,803
Jun
71 Va
24%
23
20
21%
Jan
16%
25 Va
18%
72%
*
Steel
16%
9'A
16%
20% Dec
Fruehauf Trailer common
United
Pennsylvania RR
Pepsi-Cola
Radio Corp
Socony Vacuum Oil
65% Jun
440
65% Jun
32% Jun
Dec.
0
Electric—
General
46% :~
28%
7
& Light
Power
General
34 %
46%
—1
City Ice & Fuel——
33%
46%
♦
i
-A——
33%
10
Ohio
&
Service
Feb
20'A
8'/a Dec
24
4%
Peninsular Metal Products com
Chesapeake
Feb
52 y4
-
20%
21%
McClanahan Oil
10
—_
12%
180
250
10
Friars Ale common
Masco
,:'<
American Rolling Mill
American Airlines
170
350
.
1
Frankenmuth Brew common —'
McAleer
Unlisted
125
55%
20'A
1
4
i
common
8%
15%
5'A
Jan
11
120
t
Corp
Electromaster
Hurd
*
Steel
High
8%
8%
20
Edison
Manufacturing
Eaton
Low
55 y4
10
2'A
10
Consolidated Paper
Detroit
Range for year 1948
5% Dec
11% Nov
1
15%
Burroughs Adding Machine
Chrysler Corp common
Detroit
Shares
High
7% Apr
13% Oct.
10% Apr
17% Jun
5%
19
1
Rubber
Baldwin
LOW!
'
1
Products —_—__—2
Metal
Jan
21
8%
0
*
<■
common
18
6%
7'A
*
Preferred
Apr
95
7
75.
7.5,
1
„
4'A May
Apr
28%
29
7%
*
class B
32 »A
120
23%
7
-
Gamble
&
70
.24%
23 Va
-
Eapid Electrotype
U
12%
*
—50
Sons.common
Magnavox Co
Randall
12%
Jan
19
10
preferred
Kroger Co common
Lunkenheimer
;
Procter
Jan
*
Co common
Mfg
(E)
5'7r
Dec
_f
*
■
Insulation
Formica
2%
14>A
50
Tel.,
MotorsDrug common
32
1,002
25
:
Crosley
Dec
3%
15%
common—8.50 ;
Elec
&
22%
3%
15%
*
*
Churngold: Corp
Gas
24%
8
*
i
Brewing
American
Sales
for Week
Range
of Prices
Price
Par
Altes
High
Low
High
Low
*
Baldwin
ctucinnati
x'Ay-
Sale
Range for year 1948
,—20
—,-1
Laundry Machine
Balcrank
Burger
--
STOCKS—
Shares
of. Prices
Week's
Last
Sales
Range
Sale Price
Exchange
Friday
for Week
Last
1
STOCKS—
DETROIT
Building'
.15% May
2ya
10% Nov
Week's
Exchange
Chicago Stock Exchange
Jun
Cincinnati Stock Exchange
Friday
New York Curb
Exchange
Jun
29.
16% Mar
"*
1
:
11% May.
16 y4
20 'A
11
2'A
15
20%
—
15
23
900
600
Watling, Lerchen & Co.
Jun;
Feb
Oct
17
72%
16%
16
25
Steel
Standard
900
'.n/.;/,,
__
__
15
Inc
Standard Oil of N J
25 Va
5
—
—1%
Schenley Distillers Corp;
__
„
*
2'/a
common
21
H{gh
Low
8
6%
13%
—
"
26 '/4
5
13 V*
13%
35
Range for year 1948
Shares
High
Low
Par
/
•
(407)
Sales
for Week
Range
of Prices
Sale Price
n.
,,
EXCHANGES
RANGE FOR WEEK ENDED JANUARY
STOCKS—
-^
*
1
alO
Liquidating
Corp
Consolidated Vultee Aircraft
( Del)
(Un)
(Un)
(Un)
1
5
—
—
a56%
17 V2
alO
IV2
IV2
a56% a56%
16y4 Dec
8'A
Nov
6% Feb
50
Mar
24%
Jun
8% Oct
49
Aug
16% Mar
10
Jun
69
Jun
3G
COMMERCIAL
THE
(408)
&
CHRONICLE
FINANCIAL
Monday, January 24,. 1949
OTHER STOCK EXCHANGES
"
RANGE FOR WEEK ENDED JANUARY 21
Week's
Last
■
■
Zellerbach
Curtis
Publishing
5
(Un.i
Corp
Low
Aircraft Co Inc.—
Douglas
Products
Electrical
Electric
Tele
General
Electric
General
Foods
General
Motors
common
Public Util Corp
General
(Un)
Gladding McBean & Co
Goodrich
F)
(B
Nov
14%
720
42%
42
42%
420
34%
a60
a58%
a60
741
51
11%
12
473
a25 Va a25 Va
75
12
32
40
15
July
36 V4
July
Feb
62%
Oct
Mar
48%
Oct
2%
900
2% (Dec
5%
Jan
a40% a42Vi
153
37% Mar
60
2%
,.
.
51%
50
62 a62'A
a
a 44% a 44%
39
10
.90
48
Nov
a9
a9 %
1.55
12%
13
200
12%
Dec
—6.66%
10%
10%
250
10%
Dec
3 Vic
6c
39,000
9%
9%
100
1.05
1.20
1,400
13%
100
11%
108
5c
33Vbc
Corporation
Co
Paper
Oil
Jade
(Un)-*"
Gas
Lt
Lane-Wells
Pacific
(Un)
29% a30%
-
Corp
United
J
United
Universal
2c
i
5c
8%
17 Va
Dec
Aviation
North
American
Co
Pacific
Feb
1.70
Jun
Feb
Jun
American Tel
25% Mar
33%
Oct
Baldwin
53
Apr
62
Nov
16%
July
Bankers Securities
34c
Feb
Jan
Feb
Oct
Delaware Power &
Apr
8%
Jun
Budd
Chrysler Corp
Publishing
877
Electric
100
4%
Feb
20%
Jan
30
Apr
General
Motors
Dec-
10%
Apr
Lenlgh
Coal
1.60 July
Lehigh
Valley
51
40% NOV
26%
26%
250
8 V*
8%
8'A
165
1.30
1.40
2,800
17%
17%
180
14%
Jan
24%
Jun
14%
341
14%
Dec
193i
Apr
100
1%
•■V
1.85
1.80
54%
1,600
8,300
..
a55 Va
190
1.80
500
al4% al4%
a54%
105
a
1.80
a
al8Va
18%
740
12%
12 %
12%
222
18%'
a
17 c
17C
10%
10V4
10
al6%
al6%
100
17
17
4,000
.
745
1.10 Mar/
Apr
1.30
Apr
1V6
95c
9%
9
645
33c
100
2.65
5,700
•
a32
32%
215
25
25
31%
32%
2,067
25
28%
a
31 Va
48%
1.95
Dec
lie
Nov
8%
18% July
16%
40%
30
NOV
36
a35% a35%
70
32%
Dec
35%
28 %
740
26%
Nov
27%
Feb
49
393
47 Vi Mar
a42 Va a42Va
50
42
Dec
4
3,355
4
Dec
a9V4
223
8%
Nov
a23% a23%
Pan American Airways Corp
4
(Un)__2%
Pepsi-Cola
Oil
Pure
5% May
-
15
18 %
Feb
16%
361
16 Va
Dec
21% May
(Un)
9Va
9%
460
9 (4
a23%
a8%
200
Nov
22
41 % Mar
57
7%
Jan
May
25
53
53
*
20%
20%
100
22
Nov
28% Aug
*'
34
34
225
32%
Nov
49 Va May
30Vi
(Un)
Co
Jun
16%
__.il
Pulp & Timber Co
Inc
Pullman
57%
50
(Un)
Phelps Dodge Corp (Un)
Puget Sound
July
11 Va May
26 Va May
(Un)
RR Co
Co
Feb
51%
55
33 be
Pictures Inc
Pennsylvania
30Vi
180
(Un)
200
22
16
51
370
a25
47%'
47%
9%
25%
44
Feb
May
Radio
*
13%
13%
13 Vi
800
8
Feb
15
Jan
Republic
1
25 Va
25
25 Va
335
22
Mar
32
14
May
Nov
10
May
Dec
24'/a May
23%
Dec
33
Jun
44 Va
Dec
49%
Jun
Exchange
Week's
Sales
Range
for Week
Range for year 1948
Shares
of Prices
22 Va
3,910
110
11 Va
10
110
54%
57%
Jun
17
Jun
116
May
Dec
Mar
110
7%
612
Dec
11% May
50%
121
8%
Apr
158%
147% Mar
120
12
27 Va
Dec
20%
217
143% 148%
11%
High
Low
High
Nov
65%
Jun
235
6%
Dec
13% July
18 Va
17%
18%
1,713
15%
Dec
18 V2
May
49%
50%
'.A 342
48 Va
Jan
60
58%
60%
1,303
16%
16%
10%
11%
7
7
■:
7
-
Dec
56%
50% Mar
65%
National
RR—;
& Light
Paper
Sun
Gil
4%
35
Va
18%
17%
18%
16%
16%
17 Va
35%
36%
22%
20%
22%
24 Va
24 Va
39 %
449
...10
•
*
-v
1
May
8Va
Oct
16
Dec.
29Va July
16
-
Dec'
22 Va May
48 Va
3o%
Dec
21%
Feb
25
28
6,538-
Dec
20 Va
510
-
7% May
5Va Mar
1,511
2,281
2,649
Feb
Nov-
J«n
Apr
24%
-
Jun
Mar
21%
20%
21 %
602:
19%
Dec
26%
•
50
26%
27%
277
24%
Dec
28% July
23
540
16%
Feb
47%
48%
325
39 V« Mar
50% May.
51 Va
57%
145
50% Mar
70% Nov
,22^4
23
.48 Va
;
•
—
7%
May
45ya July
23% July
39 Va
_•
com——
common—
•
96
37%
Zso
common
57%
_
*
%
600
2Va
2%
346
18%
19%
709
%
%
Dec.
27% July
-
Feb
1%
'
1
-13%
Improvement
Gas
r
*
—
Tonopah Mining
United Corp
United
13
7%
IIZ-3
Co
25Va May
Oct
1
Reading Co common
Scott
Dec
9%
100
i7*
7
Oct
17 Va
352
82
-V
5%
iV
iV
Corp common
Service EI & Gaa
preference
5 %'■
5%
Philadelphia Electric common
$i dlv preference common
dlv
V
'"*■:
>-:U.
<«
Corp
Pennsylvania Power & Light:
Pennsylvania RR
Pennsylvania Salt Mfg com
81.40
:;Z:
\
1
i._„
Power
Pennroad
Public
5"
5
...10
19%
"
Feb
2
18%
3% May
Dec
23% Mar
Pittsburgh Stock Exchange
Friday
Last
Sale Price
STOCKS—
*
26 %
22%
Par
Allegheny
Clark
Columbia
Star
LOW
High
High
25%
26%
90
23%
Dec
33%
13%
13%
20
13
Mar
19% May
8%
8%
100
26%
National
Fireproofing Corp
Pittsburgh Brewing com
$3.50 preferred
323
10
Dec
12
Nov
663
10
Dec
12
Nov
36
10
7% Mar
10%
Sep
22%
168
21%
Feb
27
37%
38%
115
31%
Nov
39 Va
22%
24
219
18%
Feb
23% May
May
Dec
8%
110
23 Va
2%
295
2%
100
2%
2%
2%
200
2Va Mar
3 Va
Jan
28 Va
28 Va
155
28
Dec
52%
Jan
34
*
8Va
23 Va
8%
5
—10
5
0
Mackintosh-Hemphill
Fuel
Supply
Jan
11
10
9%
38 Va
10
Mountain
Jun
12
22%
*
1
Gas
Dec
10
5
1
Co
8%
10%
11
•
Electric
&
Gas
Manufacturing
T.nn»
Range for year 1948
Shares
0
Co
Duquesne Brewing new common
Fort Pitt Brewing.—
Harbison Walker Refractories com
Joy
for Week
Low
*
Co
L)
(D
Sales
Range
*
Steel
Ludlum
Blaw-Knox
Week's
of Prices
35 Va
305
20 %
July
24
7%
6%
Feb
llVa Mar
Dec
9
Aug
24 Va
Nov
*
6
Apr
Jun
Corp of America (Un )
:
Petroleum Co common
Republic Steel Corp (Un)
Oil
Reserve
Rexall
&
25 Va
26 %
792
*
4%
4%
304
2.50
4%
5
560
———————1
70c
70c
800
Co
Gas
Drug Inc
Rice Ranch
Oil Co
33%
Feb
3% Sep—
4%
60c
...
Dec
7% May
1.30 May
._*
29 Vi
27
30%
3,919
15%
Jan
Ryan Aeronautical Company
1
6 Vb
6Va
6 Vi
700
4Va
Feb
_5
al3%
Inc.—
Industries Inc
Stores
Safeway
Schenley
Seaboard
Security
Shell
1
Company
Union
Oil
Corp..
17%
*
Co
a39 %
48 Vi
18% al9Va
240
a29% a29%
_1.75
& Co
49
Jun
Mar
7
San
Alloys Steel
75
a
17%
17%
a38 % a39%
Dec
32%
500
Apr
20 Va
Signal Oil & Gas Co new class A
Feb
42%
Nov
20
9c
9c
1.500
23 Vi
Signal Petroleum Co of Cal
Sinclair
Oil
23 Vi
28c
14,400
22'i
23 Vi
1,171
46
Mar
•
Corp
23 V'a
28%
Feb
44Vi
9c
Oct
22c
Jun
19c
May
590
11% Mar
15
-Jan
583
33
Apr
38
Aug
32%
38%
780
29%
Nov
39 Va
Jun
24%
'
25
280
23%
Dec
33
Jun
9c
Exchange
25c
Sep
55c
15%
Feb
32%
Mar
American Inv common.
16%
17
969
15
Feb
30%
30%
2,969
25
Mar
30% July
Bank
28%
28 Vi
28%
260
26
May
28%
Brown
26%
Jun
Tel
American
cumulative
4.56%
preferred
25
cumulative preferred—.
6%
Calif Gas Co 6%
preferred
Shoe
29
29 Va
460
28%
28
28%
1,188
24% May
29% July
28% Dec
Clinton
25
24%
25
1,465
22%
Jan
25%
20
33
Apr
34 %' Jan
Emerson
Falstaff
a
Nov
Feb
____25
35%
35 Vi
35%
180
32%
Feb
34%
—•
48%
.48 V'a
48%
700
44%
Feb
Southern
Ry
Standard
Company
(Un)—_
Brands
Co
35 Vi
Feb
47
19%
Dec
28%
Jan
65
Jan
72%
Jun
.
a38% a39Vi
*
(Un
Inc
3
Elec
—:
Oil
of
Co
19%
911
66 Vi
19 %
19%
Calif
Standard Oil Co
(Ind)
Standard Oil Co
(N J)
Stone &
Webster Inc
(Un)__
25
1.264
a39 Va
a39% a39%
600
38
Mar
(Un)____.
72
7234
368
71%
*
—
(Un>_
Studebaker Corporation
65 %
•
(Uni
Jan
Mav
General
common
Motors
4%%
Swift
&
class B
Co
14
14
100
1
20%
730
17
72%
Texas Company
Texas
Gulf
Textron
Inc
Co
(Un)_
.
Feb.
July
July
Laclede
Gas
Jun
Laclede
29(a
For
footnotes
18% al9%
150
19
Dec
200
30
Nov
36%
see
(Unt
page
42.
10
30%
110
27
Feb
33% Aug
30 Va
200
25
'
30
72 '•
23% May
24 V2 Dec
111%
15
Jun
19
155%
Sep
Dec
33
Jan
31
May
Jun
115
May
Feb
27
'Nov
24%
25 Va
39
24%
•
39%
280
31% Mar
42 Va May
21
66 Ya
Nov
21
a60%
10
Laclede-Christy
4
Blanke
common..
Missouri Portland Cement—.
Jan
St
Louis
Car
66 Va
Jun
St
Louis
Public
68 3 4
July
Nov
Dec
49%
Feb
10%
70
10%
Dec
20 (i May
Sears Roebuck
15% al5Vi
70
15
Nov
17 '
Sep
Sterling Aluminum common.:
19%
Feb
32
Jun
Stix-Baer
al03a
.24%
a
25 Vi
795-
299
51
21
611
19%
15
43 Va
58%
183
Mar
Dec
Mar
42%
Jun
39% Nov
45 Va
Jan
33
&
&
Co..
Fuller
common
A
r
5'/a
13
5%
184
490
12%
4%
Nov
Apr
6V2 May
50
5%
18
20
17
Mar
19
16%
16%
25
16 Va
Aug
19
22
12
20
Mar
23 Va
5Va
5%
475
4%
13%
19
100
16
38%
39 Va
140
32 V4
15
38%
1—1
5
28
19
——*
*
25
22
16%
15
13%
13%
50
610
Mar
17% May
34
18
25
class
Scullin Steel common
13
34
10
52%
Service
5%
_.—
compion
120
,
13
20
common
323
.
5
common—
common
54
54
a
25 Vi
Feb
common
60
39
42 Va
60
6
20%
39
„10
Brew
a60V4 a61Va
54
*
9%
Shoe
Steel
a30% a31%
a
a3lV4
*
Tidewater Assoc Oil Co
Apr
25
*
18
15% May
23% Oct
al9 Va
50c
common
Preferred
Dec
7
30 Va
5
85 V8
Feb
956
10%
25
(Un)
Sulphur
149 Va
150
Jun
10%
10%
1
25
preferred
(Un)
1,021
9%
113
Huttig S & D common
52%
11% Mar
20
—25
—25
i
common
16%
25
(Un)
(Un)
common
Griesedieck-Western
Meyer
Sunray Oil Corp
High
148%
113
————.1
Jan
9%
16 Va
143
1
—
International
Standard
9%
100
i.
1948
year
LOW
13%
200
30%
16 Va
147%.'
1
common
preferred
Brew
,
Range for
High
62% July
70
Industries
General Electric common
Pacific
Southern
1
100
Shares
of Prices
Low
-15
Coca-Cola Bottling
34% a34%
pfd—.25
A
——
common
25
convertible
4.32%
Southern
Dec
——
Tel
&
Bldg & Eqpt (common
*_25
,_25c
__
4.48%
for Week
Price
Par
16%
4.88%
Sales
Range
Jun
30%
23 Va
Week's
Last
Sale
STOCKS—
15
Socony-Vacuum Oil Co Inc (Un)
Dec
16%
34 Va
32%
May
.Southern Calif Edison Co Ltd com__25
•
8c
15%
SI. Louis Stock
52% May
340
22c
*
1
Vi Mar
Jun
32%
145
—25c
Corp
Jan
1
34
9c
Friday
Sierra Trading
10
Dec
Apr
15%
498
48 Vi
48%
9c
Feb
Feb
60c
20% May
Feb
2,027 '
a38V2 a38%
15
16 Vi
26
500
16%
*
12.50
Air Brake
Electric Corp
Westingnouse
50c
34
1
*'
Steel
Vanadium
50c
1
Mining
Spring
Toy
Standard
8
230
8%
Va
*
1
Co
Renner
35
10
Pittsburgh Plate Glass
Pittsburgh Screw & Bolt Corp
Westinghouse
30
Finance
"Sears Roebuck
Oct
6% Jun
Nov
Richfield Oil Corp common—
'
'
Nov
5 Va
50 Va
Sep
295
a
200
6%
57%
Navigation
&
Jan
28
*
10%
6
Price
A;
13%
Jan
53%
Paramount
10%
8%
Jun
51%
(Un)
1,150
Oct
44 % July
Nov
35
41
a24%
86%
67% Mar
595
40 %
110
—10
Nov
Feb
53 V2
Co
49 % May
'■
r
;
Corp
Apr
3%
26%
51%
Car
3% May
Feb
13% May
70c
Feb
*
10
Motor
Feb
38 Va
164
Jun
Feb
10
Packard
Jan
27%
•
Dec
1.95
Pacific Lighting Corp common
Pacific Western Oil Corp
__
Jim
13 3 8 May
Nov
6%
May
24c
'
Nov
30c
2 Va
95
21%
—50
Jun
22 %
Dec
12%
Dec
21%
Dec
17%
Dec
63% May
Feb
14%
Apr
Nov
747
11%
Brothers
Philco
1.05 Mar
Pacific Indemnity Co
-
1.70
July
17%
33c
8Vs Mar
Jen,
15% Nov
2.50
,
13
Jan
110
33c
preferred
Apr
90c
256
2.50
a31%
13
16%
1
•
———
—
17
a
1
1
Corp
—
red
1%
1.90
.1%
17c
Pacific Gas & Elec common
6%
1st preferred
5%
52
1.00
(Un)
Ohio Oil Co
i
al7al7%
19
9%
2%
6% May
26 %
1.00
Aug
Low
Storage Battery
5Va
—
92 %
a24%
47%
--
45%
14%
38% July
Nov
al5% al5%
13
Co
Light corn-
55%
1.40
43
Feb
83
6
m.
5Va
8
Nov
21%
415
147%
Company
45 V4
42%
37 Va
1,528
„
Sale
Works
55%
.
867
29%
__
*
10
Oct
40%
29%-
2%
„
*
Corp com—
Curtis
60%
Co
Petroleum
Oil
Oceanic
v
20 % May
-
a40%.a41%
71
71%
—Z100
Locomotive
15
10 %
Northrop Aircraft Inc
Occidental
Apr
41.
5
Tel
&
NOV
*
(Un)—
(Un)
(Un)
American Stores
16%
97 %c
Nov
(Un)—1
Inc
(Un)_
Ry Co
25%
•
8
1
American
Northern
Dec
Par
14c
(Un)___*
(Un)_—il
North
*
1
Co
270
5
(Un)
RR
18%
.
al2V» al2%
__
10
Co.
Jun
3,631
(Un)—*
1
Corporation Ltd
Nordon
Oct
160
.,
V
40%
—
STOCKS—
4,COO
1
:
Ward & Co Inc
Central
York
New
9%
Last
Jan
15c
.1
Distillers Prod Corp
National
Nov
Stock
7%
1
1
Co
Corp
6%
Friday
7
1
(Un)
Nash-Kelvinator.
.»100
6%
a21
-
Dec
a86% a89%
Jan
15c
Oil Mng & Dev Co.
Mt Diablo
Nov
2%
18% Mar
Mar
6
Masoot Oil Company..
Menasco Manufacturing Co
10
1
Westinghouse Elec Corp (Un)
Woolworth (F W) Co (Un)
65
467
Montgomery
Tel
Union
•325
25%
Petroleum
9%
.
a89
10
Western Air Lines Inc
9%
a290
Co
—___
Warner Bros Pictures Inc
Western
a 50%
25 Va
Merchants
(Un)
Oil
Consol
9%
a289%
Magnavox Co
i
50
__
29%
.
_50
Rubber Co (Un)
States Steel Corp.
a50Va
20
Htftel
(Un)__*
(Un) —
9%
®
—_
Biltmore
Angeles
Jan
2,204
6%
a20%
—
" a21
common...2S
(Un)
Co
States
a 50%
Los Angeles Investment Co——100
Los
^
V
.
Jun
22 Vi
.7
10c
i
(Un)
Aircraft Corp
Inc
High
13%
10 %
10
July
14(4
1
•,
Lincoln Petroleum Co..
Loew's
RR
United Air Lines Inc
Glmbel
Lockheed
of
5
Libby
McNeil &
Libby
California
Oil
*
(Un)
Company
Company
Low
10
al2% al2%
—
(Un)__ 1*
& Carbon Corp
Carbide
Union
Union
4
(Un)
County Land Co
Kern
Laclede
a
10c
1
:
Corp
Copper Corp
Union
0
(Un)
Kaiser-Frazer
Kennecott
Film
Century-Fox
'
1_1
(Un)
Corp
15
(Un)—-
Company
13%
:*
.
of Can
& %Tel
Tel
1.20
10
Corp
International
5
5% Aug
Jan
•
Co
Range for year 1918
High
Jun
131
•
Dec
9
50
8,300
Independent Exploration Co
International
1
4 V'a
25c
Iron
a9V.iT
(4
3%
4
Imperial Develop Co Ltd—
Interlake
Twentieth
Air
'
—
International Nickel
Shares
13% May
Feb
309
Petroleum
Nov
Feb
220
common
Jun
65%
Nov
11
Intercoast
Transcontinental & Western
Tri-Continental
10 Va
2
Corporation
Transamerica
United
11
115
Inc
Oct
24
*
11
Foods
Jun
42%
Feb
114
Hudson Motor Car Co
Jan:
Mar
11%
Mar
3
(Un)
Nov
95 c
Mar
/' Hancock Oil Co class A common
Hilton Hotels Corp
•—-—5
1
Holly Development CoHunt
Jan1
320
5% Nov
4,986
(Un)—*
preferred
Dec
Feb
5(4
a42 Va
Greyhound Corp
Mar
23(4
Jan
295
39%
2%
Northern Ry
61
4%
Goodyear Tire & Rubber Co common—*
-"^"Graham-Paige Motor Corp (Un)
1
Great
Feb
Dec
3934
*
(Un)
Co
July
12% July
55c
20
4%
*
10
5
25
(Un)
Corp
13
15%
50
•
5,800
310
310
*
(Un)
Co
Corp
Low
Par
12%
145
57Vic 62 Vic
62 Vic
1
Corp
Radio
&
Feb
4%
10
a23 Va a23%
(Un)—*
—I
Nat'l Bk—100
Merchants
and
Farmers
for Week
__
Co Ltd
Farnswolth
;•
.■
13
13
Corp
Light Corp
class A
&
Power
Oil
Exeter
a53 Va a53%
a53 V8
Sales
Range
of Prices
Jun
48
646
8V4
8%
-1
(Uni
33(4
Dec
7%
56
STOCKS—
High
Low
23%
204
a7%
'
Week's
Last
High
a6%
Frldaj
Sale Price
,
Range for year 1948
Shares
a25% a25%
a25%
Company.
Curtiss-Wright Corp
for Week
of Prices
Trice
Par
Crown
Sales
Range
Frld»y
Sale
STOCKS—
Dec
May
34%
7
21%
Feb
43
15% Mar
23
13
Feb
'
Dec
May
Jun
Feb
Feb
Oct
May
July
17% May
Volume 169
Number
4771
&
COMMERCIAL
THE
FINANCIAL CHRONICLE
(409)
37
OTHER STOCK EXCHANGES
RANGE FOR
WEEK ENDED JANUARY 21
Week's
Last
San Francisco Stock
Sale
Reduction Co
(Un)
Low
—•
Min
American Airlines Inc
(Un)_
a22%
-10
Col
3 %
—
for Week
of Prices
Par
V
Air
Alaska Juneau Gold
Price
Par
Salea
Range
Last
STOCKS—
Exchange
Week's
Friday
Matson
174
19%
3%
400
2%
Nov
8%
8%
350
6%
Oct
a8'/4
a8V4
10
7
Feb
'••■'14
14%
550
55% a55%
78
147% 148 >A
3,930
61 % a 61 %
100
1
M
26% May
Dec
3% 4
Navigation Co (Un)
Sugar Co (Un)
Menasco
High
Low
High
a20% a22 '/a
McBryde
Range for year 1918
Shares
J
Mfg
&
M
Arner
Power
Radiator
&
Light
Stan
&
(Un)
*
(Un )—*
San
American Smelting & Refining
American Tel & Tel Co (Un)
14%
(Un)__*
a
.100
55%
a
Cons
M
Viscose
American
Woolen
Co
Anaconda
Cornier
Mining
California
Anglo
Armour
&
Atchison
Atlas
Co
147%
Mar
10
Bank
11%
Jun
Jan
67
148% Mar
155
Nash-Kelvinator
70
National
May
Feb
Jan
Imperial
Avco
Mfg
Baltimore
Bank
Ohio
&
Fe
Bethlehem
Dec
32 %
150
7%
Dec
15
102
102
230
89%
Feb
National
Borden Co
Distillers
May
Dec
9
May
4%
Feb
7%
10%
COO
100
350
Jun
39%
14%
3.740
6V8
Feb
2.60
10,041
2.25
Dec
22%
(
52%
Oceanic
Oil
160
20%
Nov
29%
Oliver
110
40 %
Sep
43%
Nov
5U
52%
Nov
64%
Jun
16% Mar
24'/a
Jun
24%
34
22
200
a25% a25%
1
22
20
7%
7%
6.741
6
6 %
200
a7%
a7%
10
7
Co
1—5
California Cotton Mills cap
6%
3%
35%
B
35%
50
*8%
Nov
7
Apr
Ginger
Dry
Canadian
Pacilic
Caterpillar
Ale
.1%
(Un)_.
(Un)
Ry
14
-ZO
a52
Co
Tractor
Celanese Corp of America
Central
all% all%
Mining
Chesapeake & Ohio
Chicago Milw St
9
1
Jan
Feb
40%
6%
54
Nov
15.
(Un)
Ry
&
Paul
10
203
50%
162
3,915
25
2.50
Cities Service Co (Un)
Mar
$5
303/8
Sep
Nov
38
1st
68% May
Chem.cal
56%
34
582
31%
Dec
44%
16
7"%
Dec
Iron
85
Dec
P*",
377
209
32%
25%
25%
180
20% Mar
28
18%
18%
343
JLU 7tJ
irXiXV
i.Z
18%
al9
100
17%
*
20
Solvents
(Un)
a
% a 16%
3% ,37+
25%'' 26%
a 16
*
Commonwealth & Southern
Commonwealth
32
45
common...,—
(Un)
Edison
_•
3%
25
—
26%
Jan
17%
Natural
(Un)
Co
Gas
Sep
'A
Vvt
July
Dec
*
Vultee
358
21
42%
43%
225
40%
10
10
25
of
Dec
49%
Apr
16% Mar
/
Preferred
Curtis
1
7%
7 %
200
73/a
Jan
10 %
Inc
1
9%
9 %
lo0
9
Dec,
13
25 %
900
23%
Dec
34%
96%
90
91%
Feb
96%
7%
_
7Vs
7 %
200
1
7%
8V4
>,:■ 425
2
75c
75c
600
50c
12
12
170
10%
all% all%
5
15
(Un)_.
Publishing Co
CurtisK-Wriehn
96%
(Un)
Corp
Cypress Abbey Co
1—
-
x
■
7%
4%
v.,
cl
A
all%
■:'*!
preferred
Doer nbecher 'Mfg, Co—
Dow
Chemical Co
Dumbarton
Dorado Oil
Electric Bond
of
N
5%
27%
'V 42
;
6
Tel
Dec
Feb
68
5 7a'
; 200
5 %
:—10
(Un) —_10
45%
45'/a
1.00
Dec
20
14%
14%
14%
Works
Dec
19
(Un)___
Co
& Share
13
.A
38%
'"%
37%
Eureka Corp Ltd
43
'37%
,v
_5
Emporium Capwdl -CO
—..-1
;
Jan
60%
/'
5'A Dec
Food
Tele
Radio—
&
1
Foster & Kleiser com.
General Electric Co
(Un)_
General
Food
(Un)_
Metals
Corp
Paint
a26%
8%
—2%
15%:. i5%"
*
Golden State Co Ltd common
4%'
preferred
Goodrich
9%
Hale
Feb
16
42%
Oil
Holly
San
27%
Apr
29%
Apr
10%
Feb
15 74
Nov
Dec
107a
Jan
30
200
13Va
200
43a
24
'
*
4
12 7a
60
32%
Feb
%
Sep
4
500
5%
31 %
Sep
!
67a May
V
157a
Jan
Mar
357a
Aur
|
July
T
{
791
33
32
32 %
635
29 % Mar
29 'A
29'A
428
27
Nov
29%
28
28 %
820
25%
Nov
2874
Dec
53
53%
894
47
Mar
103%
104
100
101 »A
May
52
52
403
20 Ya
Jan
.16% .16%
__
175
12%
Feb
243A
300
227a Mar
92
95
326
897a
95
(Un)
•
•
•
(TJn)-,
(Un)
Nov
197s 19%
a22% a2372
1,189
18%
Dec
28
93
18 %
Feb
2674 May
17
17
205
16%
Dec
22
9'a
73A
Nov
22
Feb
9Va
22.5
20
20
a33% a343/a
307a
41
Jan
,
10
Feb
5574
Feb
753A
330
1974
Dec
297a Aug
>125
327a
Dec
497a May
$6 74 Feb
,
7% May
Feb
42V4 May
13%
.
315
8
Feb
34
881
Jun
Honolulu
Union
55
Oct
287a
Feb
35
Jun
3374
420
317a
Feb
347e
Jun
25%
26
431
227a
Feb
337a
35%
357a
230
33%
Dec
4074
al8%
al9
231
16%
Dec
24
May
27
30%
1,290
153/4
Jan
48%
Jun
25 V4
26
80
23
Dec
34 7a May
al2%al2%
50
1038
Dec
187a May
79
16%
Dec
21
7c
Dec
21c
327a
Feb
42
28%
'337t
>
30
5
a
19 7a
al8%
a
38%
874
7c
—15
Sinclair Oil Corp (Un)
Socony-Vacuum Oil
(Un)_.
8c
874
Oil
■■
a393/8
a38
7a a393A.;
237a
..5
:
19'/«
7c
3874
.P10
.—5
12,600
I22;
Oct
Jan
,
237a
100
227a
167a
17
954
.25%
25%
7 26
770
•
.
Oct
157a
Jan
Jun
Feb
32 »A
;
Oct
..
■i
732
22 3/8
16%
Jun
46Va
8
95
!-I8
May
307a Mar
51
-.5
15
14%
Feb
Nov
Jun
t>i£
Corp.
Calif
4.32%
Edison Co
34
May
)
it
30 3A
30:%
612
257a Mar
30%
Jun
j},
,25
a25 3/a
a24'/a a255/a
124
23
Nov
287a
Jan
i
^^25
a283A
a28 74 a28 %
80
24% May
287a
Jan
i!
29 Va
350
26%
297a
Dec
28% :28%
200
2674 May
28
Jun
Nov
34
v; Jan
Feb
623/4 July
I
preferred--..-—
conv
preference
"30%
California
Pacific
Oct
Southern
Jun
Sperry
12
Feb
29
15
______
25
Southern
42%
Gas
pfd
ser
34%
Co
30
32
47 74
435
>« 44
27
•
Corp
347a
4774
A__25
2774
277a
_1
Nov
23
Nov
Jan
895
10%
Dec
61
40
57%
Dec
26
53
20%
t
Spring Valley Co
Standard
'_■*
Brands
Inc
(Un)
55
193
a2%
a2'%
25
a41% a42 %
130
40
10%
Feb
2 3%
,
Dec
Jan
48
Mar
Co
of
Oil
Co
of N
May
13% May
10%
10%
255
12%
13 %
525
12
Dec
19
18 %
512
153/4
Dec
22
3
100
2.25
Sep
Jan
Apr
7%
4
4
350
1.60
Jan
53/4
5%
100
3%
Feb
5
,
>>
International Nickel of Canada
;
r'
.
7;
%
>:
.
International Tel & Tel
Johns-Manville
65
65
Corp
Jan
Calif
J
22
45c
(Un)—
: Keiir County Land Company
—1
A*
5
650
78
Dec
1.60
•
Feb
10%
2,750
9%
9%
Kaiser-Frazer Corp
Kennecott Copper Corp
52%
550
2.05
:
38%
;
a
97a
190
30%
a
303-8
355
9% -9%'
38%
Nov
7
7V4
1,250
8%
38%
112
34
4,705
8
,*43
55%
55%
478
45 %
'45%
8%
25
7%
a
0727a
25
a'70%
Swift
&
Texas
Tide
Co
654
19%
Jun
i;
1.1.10
Jan
i
■
Dec
29
Jun
Leslie
Salt
Transamerica
Union
Jun
1,243
543A
Jan
72%
244
693/4
Feb
903/4
20
a
193
16 3/4
Feb
283A May
74
50
3174
Sep
36'A
Oil
Co
&
common
Carbon
of
Aircraft
Calif
Jan
United
Air
United
Corp of Del
Lines
a 30
> May
19
Nov
Jun
45s/8
907
40%
Dec
17%
Mar
■
Nov
32
Jun
16'A
Nov
Jun
42'A
Jun
15
'
Sep
Dec /
51 >
S Steel
Apr
onm
)
687
5274
Feb
66%
Jun
25%
842
197a
Feb
32 3/8
Jun
I
10%
10
10%
4,375
10
Dec
135/a
Jan
;
40%
407b
514
387a
NoV
I
,
29%
293/4
595
21%
Feb
42% July
383/4 July
"023
a23
3
2378
Dec
30% May
123/4
13V«
301
Nov
19
2%
27a
800
•
5
13 7a
—10
Inc
1
(Un)___,
27a
\mL
Corp common—!
Consolidated
Oil
___—
Warner Bros Pictures
(Un)
Wells Fargo Bank & U T
Westates Petroleum com
Preferred
>10
2% Mar
Apr
37b May
Loew'S
Inc
(Un)
Insur
Magnavox Co
Martin (Glenn L)
^—A
—
i.
Co—'
:
K
t
For
■
footnotes
see
page
42.
14%
a33
-1.
a
—1
2.50
.:. 9
Ve-
9%
5
528
687a Mar
877a
Oct
41
625
36
Nov
45 Va
July
2.65
362
Dec
3%
Jan
97a
412
7% Feb
; 113/4
Jun
1
10 3/a
2.25
1.05
278
1.15
265
60
1.00
4,568
-31c
Nov
14
Dec
93/b
520
277
-100
301
Mar
1.80
May
Jan
Jun
47s
Feb
10
Jun
Nov
77a
2,779
16 %
167a
360
13 Va
Jan
17%
1
22%
227a
300
197a
Feb
247a May
1
6%
6%
320
.50c
16
16
570
—1
>7%
7%
5
16 Vz
v-
(Un)_:
.__
31
Dec
Western
Air Lines
8%
160
8
Dec
10%
"""
14
Feb
24 %
Jun
Western
Dept Stores
al4%
al5
145
15
Nov
May
Western
a32% a33 7s
150
327a Mar
Nov
IOV4 May
15
Dec
2274 May
243/4 May
57a
Apr
100
17 %
a
—
Macy & Co R H com
97a
71." .71%
39%
'
i—
—
2.65
—1
(Un)
(Un)'____l._—
Life
17%
32
-1
5
'
Coast
8>/4
-7
—___
.
40%
._10
i
West
32
17%
a
16%
a
a!0%
a
10%
a
20
36
20
•
Nov
(Un)—______
common...
—
al5% al5Va
83
1534
Dec
24%
Union Telegraph (Un)
.•—*
Westinghouse Elec Corp (Un)_____127a
24%
115
23%
Dec
33 Va
Jun
47
477a
382
42
Nov
49
Jun
a67a
a67a
15
6
Dec
11
Jan
36% July
17 %
199
97a
Feb
20'A
Dec
Wonlworth
(F
10 3/8
20
9%
Nov
19%
Jun
Yellow Cab
Co com__
W)
t
547a
24
1—2*
-
Sugar Co (Un)___.
Victor Equipment Co—
v
[
5474
Utah-Idaho
Jan
>59% July
Feb
u
Universal
t
25%
(Un)_
-
July
,i L
—10
(Un)
Corp
Aug
2.85
r
I'
_2
Oil
Corp
Carbide
Union
03074
-25
(Un)
Ass'd
17%
.10
Co—;
Lockheed Aircraft Corp
ji
Jun
73
20
25
1,
(Un),
Company
Water
United
—1
West Indies Sugar
Llbby McNeill &Libby_
!
303/4
May
65%
657a
•
(Un)
32c.
19 %• 19%
•
Corp (Un)
May
'
(Un)
„-A*
10%
1.90
(Un)_*
(Unj
66%
10%
1.90
j
j
'
Studebaker
Oct
5%
39% Mar
44
Apr
48%
Apr
Oil
Standard
Jun
>723/8. Jan
5>A
——
.
Feb
580
196
*
"32c
-t
>:
6578 »Nov
Mar
12%
—6.66%
I
if
(Un)^-*
com
preferred
40V*
_1
:
1
Jun. ;
23
2 4 3/a
.
":>
Eouthern
Feb
11% May
44
Maryland Mines Corp (Un)__l
Independent Exploration
—33 %c
■>
Jun
15
May
227a
,Sears, 'Roebuck <& Co-
313A Mar
35
283
20
Hunt Foods Inc.;
|
187a May
90
95
.10
•
.
May
104
•
al8"
'
i
May
54
:
2872
X
;
53/a May
1174 May
74
3072
13V*
52%
,
Dec
4
v
220
13%
•
i
587a July
.
a507a a52%
15
15
a56 Va a57 %
•
(Un)
Apr
874
__
—
1467a
100
250
__
*
Nov
i
,
Jun
400
—
a527s
15
!
1047a
136
__
25
100
*
Jun
4Vs
4
9%
1974
Oct
Oct
11
17 74
26
61
Dec
130
,
557a July
104
Jun
9'A
135'%
__
9'A
__337a
Miningx_-.--i.--_
5
60
,Idaho
:
Jan
29 V*
32
'
;
,.
367a
35%
'
*
preferred
50
(;
Dec
29%
9,229
35Va
35%
__50
Stores
Maurico
'4.88%
;
Sugar Co (Un)
Jun
5%
—10
Jun
____.;—.
.Development
Honokaa
Apr
417a
> al33/a al33/8
__
31%
•
Corp
46%
12
■''7
68c
Feb
13%
_^_1
Jan
a61% a61%
18%
.>>
3
Nov
277a
43/4
100
Roos Bros
Jun
3ft
14
•
32c
520
Jun
Mar
51
J-*
Co class B (Un)
900
28%
__
.
.
Nov
500
32c
32'A
<Unj,
"B"
Tobacco
Dec
085
3 %
2.55
32
__
___25 !
28
829
*
__.
Pineapple Co Ltd—
Hobbs Battery
•
Inc.x
Stores
Bros
Hawaiian
Nov
2.45
Aug
32c
24%
/___
conv
970
a42 %
3274
'
16
(Un)—-*
Graham-Paige Motors
'Un)—_
1
Great North Ry. non-cum pfd
(Un)_»
Greyhound Corp
3
2.55>
__
(Un)__l0
com
Oct
% Dec
30
60 %
Goodyear Tire & Rubber com
<
2.55
_____*
Oct
15%
12
July
;
Apr "■
15%
58%
—0
Aug
69
(Un)
50
■
Feb
Nov
16
•
(Un).
Co
85
Feb
S & W Fine Foods Inc___
Oct
60%
10o
__
Fi
<B
—
(Un)_!
Standard
i
Mar
Manufacturing Co
Richfield
Dec
•
common
88
67
25
25
25
25
!
Shell
53/4
10
Corp
Mar
40
750
.
comnyjp
250
"
73
76
58%
5
(Un)_
Co
'4.56%
39%
a413/a a42<%
fir-
43
76
common
com
Co
84
*
a42%
,
RR
Jun
6
82'A
Jun
56%
__100
11 %
K
7
■
93a
208
76
25
com
Co
Nov
7 111
81'A
15
56%
Shasta Water Co (Un)_.
44%
.8,368
'
Tel
5
5 %
a j
18Va May
ll'Tl%.
__
._■*
Cement
Jan
Feb
2,200
38%
-J
■
•
.
Corp
General Motors Corp
General
a27%
x—2%
-
General
4%
10
Machinery & Chemical
5
17
Feb
Companies common
4.48 7o
Farnsworth
133/a May
Feb
_^_5
___
pfd
31%
Mar
180
Jan
(Un)—
Rheem
Oct
v
39
1,692
8%
100
Sep
..18%
1,025
>
400
^
common-
Republic Steel Corp
Sep
4%
•
10%
—
Motor
Reynolds
Feb
34%
399
45%
A'
J
10%
al6% al63/4
100
12% Julv
May
.25% Mar
1,267
a48%j
1st
Service
&
Preferred
103% July
13
July
58%
,
July
Jun
10 %
850
£27%Y
a48%
15
(Un)——
Co
42
6
•
(Un)
common
Bridge
Kodak
Eastman
A-^
.1
.-1
Donurrguez Oil Fields Co
El
12
com
_—
$3
5
____5
Giorgio Fruit Corp
Class B common
18 y4
common
preferred
Safeway
Di
Dec
Corp of America (Un)_
•
Ry Equipmt & Realty Ltd pfd__—_100
Rayonier Incorp common
__1
Jun
Corp common..
12%
Radio
Jan
25%
Amer
Zellerbach
Crown
8
190
250
___20
Fisheries
Pure Oil,Co
Jun
Mar
(Un)
Continental Motors
Creameries
Aircraft
„
Jan
12%
'
•
Pullman Inc
283/8 May
Nov
22%
113/4
12%
A
Puget Sound Pulp & Timber
•
Consolidated
'
2274 May
6% May
Nov
100
Phelps Dodge Corp (Un)„
Philippine Long Dist Tel Co
Phillips Petroleum Co cap
27% May
3% Oct
Feb
Oct
9%
Aggregates
Public
Pepsi Cola
*
Cons
Nov
6
Paramount Pictures-
.T"n
20 %
Dec
2'A
25%
7
22 %
(Un)—•
177a
18%
—10
class
Electric
&
Pennsylvania
623A July
Apr
424
1
Y
Feb
1,685
15
Consolidated Edison Co of N
605
20
_10o
(Un)
Pan American Airways
11% July
37
Sep
45
Preferred
Jun
13 Va July
10%
Preferred
Sep
a7%
a55% a57%
Dec
7213a
Feb
1
Filters
Portland
Pacific
Jun
1.95
Apr
—__3%
Co
&
Fuel
68c
a32% a32,/»
a
20%
Dec
83A
1
Light Corp
preferred
19% May
10
.
Feb
14%
500
_____
Paraffine
C'nrvsler Corp
14%
80
95
a6
•
redeemable
Pacific
May
34
100
>
Jun
65
1,650
18%
al6%
—
Pacific
Sep
a7%
a7%
48 Va Mar
10%
1
1st
5%
i':
Pac—
voting trust ctfs
Preferred voting trust ctfs
Commercial
10%
330
1.55
20%
20
__
(Un)—10
preferred
5 % '/■
1st preferred
5% 1st preferred _:
Jun
Dec
53%
1.75
1.55
330
a6
(Un)
________*
Jan
51
14
a
May
"
Nov
Dec
Apr
51%
70
a30 % a30%
a30%
Co
Common
Colorado
a52%
Jun
5lc
10%
Co
Coast
Packard
Eureka
Olorox
14
•/»
39c
Dec
al4% gl4%
•
Investment com
American
Gas
Pacific
Canada
Mar
18c
al0% al03A
__
•
common
Sugar Co
Pacific
Pac
Jun
28
1
Pacific
May.
7
385
a53% a55%
Packing Corp common
Preferred
Dec
47
a45% a45%
__
18c
1
(Un)
United
Class
Apr
40%
—2}/z
Un)
4,600
24,400
_*
Petroleum
Ohio Oil Co
Jun
22%
a
(Un)
Corp
Aviation
Co
preferred
; preferred
Occidental
.
Jun
43A
a52% a52;-«
a40%
a
21c
Oct
30
30% Mar
1,115
Prod
(Un)
American
American
6%
July
38
2.50
5
Sugar
California
360
12%
—5
Feb
3 Va Mar
a54% a55%
,
1
;
RR
5 % %
163/4 July
Feb
Feb
2.55
Calamba
Co
263/4
13%
15
«
& Sullivan
Ink
32%
5
Norm American Oil C<3hs
NOV
Mar
230
Central
Onomea
(Un)____
Cement
26u
32%
*
California
10 V*
160
32%
1
Byron Jackson Co
Calaveras
355
32%
20
2
(Un)
Co
10%
355
5
*
(Un)
Bunker Hill
24
5%
329
100
Jan
7 Ve
33c
20 %
(Un)
Service
North American
Sep
1,100
34
Y
North
5
(Un)
Corp
119%
Feb
N
North
7%
(Un)
173A
Jan
21c
a55%
___10
Co
Corp
Linen
Jan
7%
A
1.15
28c
__
32c
•
Company
May
4%
.
Eoeing Airplane
Borg-Warner
a21% a22%
Dec
Oct
43/4
35
200
Aug
2.50
(Un)
Holdings Corp
27
1,091
(U11).
N
Bishop Oil Co
Blair
57%
30
a22%
(Un)
Fibres
Auto
Natomas
40 % May
3
Corp
Steel
Nov
Feb
100
(Un)
Engine
RR
Aviation
34%
31
7%
(Un)
Caliiornia
of
Bendix
177
500
7%
5
Diesel
Corp
50%
29%
30
6%
1.90
High
Jun
51 %
5
20
Corp ( Un )
Atlas
34%
1
12
917
12%
6%
1948
year
Low
1.85
'
1.85
Range for
High
12%
12%
._10c
Montgomery Ward & Co
163A May
123/4 Mar
341s
a37% a37%
50
(Un)
Santa
&
a
*
__.
(Un)_„_!
National
a 61%
14
(Un)
(111)
Top
(Un)
Corp
1
(Un)
Lode
National
American
•
Shares^
4 % May
•
Morrison-Knudsen
American
Low
1
Mother
for Week
of Prices
"
—5
—
Co
&
Mindanao
Price
Sale
Sales
Range
Friday
STOCKS—
(Un)—„—.
10
_1
477B
.
,
!
t
A-
38
Monday, January 24, 1949
& FINANCIAL CHRONICLE
COMMERCIAL
THE
(410)
MARKETS
LISTED
CANADIAN
WEEK ENDED JANUARY 21
RANGE FOR
Week's
Canadian
Last
Sale
STOCKS—
■■■'
1'
/i'-v
-
Abitlbl Power & Paper common
$1.50 preferred
.___
12% Mar
16%
17%
7,750
'■
20
19%
20%
3,863
24%
24
24%
800
102% 102%
*
100
7%
80
8%
17"% Mar
16%
Feb
Jan
100
19% May
21'A May
Oct
24%
Dec
103
Agnew-surpass Shoe
*
310
7% Mar
9%
•
53
52%
54
1,925
33% Mar
57%
Dec
Aluminium
•
59
58 %
59
905
43
Feb,
65 V*
Jun
26%
26%
225
24
Feb
25%
Nov
an4% a44%
25
44
Sep
Steel
8%
Ltd
Co
of Can
Anglo Can Tel Co
4%
pfd
pfd__
4%%
25
50
Argus
Corp Ltd common
4%%
preferred
——
•
6%
6%
a70
30
20c
25%
26
a68
.Warrants
Asbestos
Corp
Bathurst Power
&
Paper class A
•
Bell
Telephone
Rights
Brazilian
&
American
Oil
Note
Corp
Ltd
44
7,960
1.15
155,738
19%
1,708
17
Feb
22% May
12%
12
12%
250
13
Dec
19
20%
Feb
25
May
24
Jan
27% May
24%
23%
24%
1,070
25%
25%
25%
485
class
2%
2%
3
2,700
2%
Dec
25%
25%
275
24%
Feb
27%
a90 a90%
♦
3
Nov
2% Mar
100
115
16%
5
5%
32%
Nov
Sep
5
1,750
32%
"I
*
;
87%
20
al5% al6%
al5%
_____•
_
Products
1st
480
28%
Feb
Sep
3%
Cement
6% Oct
July
36
15%
15%
15%
200
15%
Dec
.18%
Oct
•
common
$1.30 preferred
Canada Northern Power Corp
Canada
5 %
25%
25
25%
740
14% Mar
24%
Dec
5%
preferred
Class
30
Aug
Mar
11
Jan
14
14
360
ir
Mar
15
Foundry
36%
35% Mar
42
Jun
20%
17% Mar
23%
$1.75
23%
Dec
36
36%
84
20
20%
4,509
23
23
200
105
105
14%
:
14%
Dec
Apr
106
series
15
Jun
1,412
18% Jun
16%
16%
16%
466
15
Mar
22%
21%
22%
4,543
21
Dec
38
38
130
35% Mar
21%
21%
200
21
Mar
al2
al2
20
12
Nov
18 % May
13% al3%
5
12
Jan
14
25
25
Canadian Converters
class
A
pfd___.20
B
a
Canadian
Foreign
Canadian Ind
pfd
23
Dec
40
23
Aug
Class B
Oil
Canadian
Pacific
Consumers
;
Mining
Cork
&
Seal
14'A
1,470
20% Mar
34%
200
11% Mar
15
16%
15%
16%
3,673
12% Mar
21% May
9%
9%
9%
291
9
Nov
10 %
10
Feb
16% Aug
14%
118
120
2,435
25 %
29
652
Stores
33%
32%
33%
2,672
20%
20%
20%
368
22
22
3
26%
26%
26%
305
23
37
38
655
34%
34%
25
16%
16%
16%
24
24
24
preferred
32%
Jan.
35
Canada com
3,303
14
Feb
200
23
Mar
Feb
5%
11%
11%
2,101
al65
al65
10
165
Mar
170
of
25
a25
5
25
Oct
29
15%
16
Dec
United
Jan
Steel
Walker
4
26
26
4% %
98%
17%
*
15
465
14
80
101
86
6%
Feb
30
30%
392
23 %
Feb
45%
55%
2,370
01
5,324
14
1st
14
1,246
25
25
25
Jan
24% Mar
6%
20%
6%
100
6%
Dec
20%
20%
440
19%
Dec
14%
30
30
22',;.
Jan
34
McColl-Frontenac
Mar
120
70
120
50
8%
8%
100
8
Sep
13
a20
20
20
Sep
27
29% Mar
39%
46
Mar
70%
12%
12%
12 %
30,363
11
Mar
16%
footnotes
54
54
121
5
14%
15
2,479
_*
11%
12
..
A)
12
■;
85
39
Mar
10% Mar
Sep
31% May
27%
27%
955
23'A
23%
23%
100
150
22% Mar
<te%
Mar
100
18%
18%
19
310
17% Aug
21
Jan
20% Feb
35%
Dec
'
25
i__
;
31%
a98
32%
a98
1,166
15
43
120
43
25%
23
May
Jan
Jan
99
Oct
Apr
45
May
Nov
96
27% July
34'A
>: 25
160
25 %
20
—
Mar
99
40
42
32%
"
23%
23
20'A
23%
25%
23%
1,548
a36
a36
10
25'/a
25
25%
a50
a50
21%
Jan
24
Nov
Feb
21
25
28
Jan
:.
Aug
37%
Feb
23% Mar
25%
Dec
50
50
Jan
33%
1,940
a50
Jun
Aug
20
439
801
26
20
,
10
Heat
&
$25,000
Power—
Steels
11% Mar
53
Ltd
14
25
al3
al3
9,168
.vA7
al5
al5
10
12
12
405
6
6
600
154'A 154%
1
Ltd
Henderson
Dist
Vancouver
of
Ltd
Packers
—
Ltd —_5
cl
•
—
A—*
^
Pulp & Paper Co Ltd—100
&
*
Investments
Gen
Canadian
Commercial
115%
Sep
25 %
Jun
28%
28%
28%
120
25
Oct
32%
Jan
Consolidated
19
19%
327
16% Mar
21% May
Consolidated
15
14%
15
860
13% Mar
17%
Jan
14
14
14
285
13%
16
Apr
*
:
Sep
8
90
Dec
90
Dec
9
Feb
11
July
Dominion
Oilcloth Sr.
5
Mar
9%
Sep
Dominion
Square
21%
Nov
Donnaeona
7
7
755
19%
100
19%
Nov
95
25
95
Dec
•
22
21%
22
2.526
16
Mar
•
9% Mar
100
23%
Apr
—
— —
*
15
6,110
100
2
18%
18%
25
16
Feb
21 % May
35
115
33
Nov
38
Aug
•
22%
22%
23%
3,720
14
Mar
100
31
28
35
693
30
Apr
100
21
44
Nov
Oct
Halifax
Insurance
Co
Co
Jan
Jun
23
Oct
48
50
Apr
18% Mar
50
Jan
75
27
Dec
32
50
31%
Dec
34
May
14
Feb
44
18
•
Jun
77 %
77%
77%
u25
a25
a25
1.85
2.00
1.75
1.75
11
11
i'-'.A 40
10
Mar
14
23
190
22
Mar
25
Jan
V2
20 % Mar
78%
Dec
22%
23
19 % Mar
24%
,.
Jan
.
s
"
20
1
•
a
19
61 Vb
8
Jan
;• 82
39%
7 Mar
Dec
•'
i
1.45
Feb
3.00 July
24
■
1
Jun
■300
:
78
.76
1.50
Apr
2.75 May
'
'
199
Feb
3%
Apr
130
Jun
Oct
139
139
25
3%
3%
3,900
51
105
38
Feb
55
Dec
;
34
34
25
26
Feb
37
Oct
,
15
15
76
15
Jan
15
Jan
7
7
25
7
Nov
8
Jun
1
5%
3%
A
6
7% Sep
!
■
~6
—*
*
•
*
50
•
•
1,030
,.
17
a35c
alG
28
28'A
17%
17%
18
11%
11%
12
18
18
100
80c
18,600
31%
35
,
65c
75c
31%
47
••
.
47
3,021
1,280
150
48
38
Inc
Ltd com
*
•
10
35c
Feb
iviar
'39
16
Jun
Jan
14% Mar
9
Feb
16
May
40c
Aug
4% May
■
t
.
60c
July
17
Aug
28
Mar
21% May
42 % Dec
19
Nov
95c
Jan
32
Jan
30
Feb
33%
Feb
46
Dec
33
Feb
39%
Jun
37%
Feb
57
Nov
19
Dec
23% May
6% Mar
10% May
'
38
'520
a57
30
19%
20%
1.555
7%
7%
;a23
16%
36%
36'A'
205}
.
-
25
Aug
100
16
Dec
19%
Jan
35%
Dec
49
Jan
35
29
Oct
6
a23
16%
10p
-20
1
*
3%
20
7
alG
28'A
^
Fleet Manufacturing Ltd
Paper
6%
Feb
27%
a55
For^l Motor Co of Canada class A
Lakes
15%
•
115
107
20
Products Ltd
Fanny Farmer Candy Shops
.
586
a35c
Ltd
Kootenay Power 7% pfd—
Esmond Mills Ltd preferred—:
Aug
May
Co
Aug
-134 'A May
Feb
1,400
Corp—
Paper
Steel
Works Ltd
Linoleum
East
16% Mav
14
100
95%
Eastern
Nov
35
—
Dominion Engineering
Feb
10
•
*
Limitee class A
7
82
95
14%
& Frere
120
622
Jun
8%
4'A Mar
22
20
Corp Ltd
Cub Aircraft
David
Corp Ltd
Mills com
90
7%
Co
Textile
9%
19%
*
Paper
Mfg
Apr
11%
74
17%
A—
preferred
90
95
*
Lithograph
Consolidated
9%
7%
V
9%
cl
Preferred
Sep
Mar
Dec
Sec
Stand
Jan
14%
22%
15
Div
16%
17
■
Alcohols Ltd common
Consolidated
Sep
3% Mar
'
Ltd pfd
Prod
13%
51
preferred
Steel
Jun
21 %
2
Food
Chatco
16
78% Mar
100
Westinghouse Co Ltd
Products Ltd com
Canadian
Dec
17%
•
common
preferred
Canadian Western Lumber Co
23
,
Ltd
Vickers
Jan
14
21 %
Co
*
Canadian Light Si Power Comany__100
Canadian Marconi Comany
1
Canadian Pow & Pap Inv Ltd com—*
5%
preferred
*
Canadian Silk Products cl A
—*
Canadian
Oct
1.00
31%
Ingersol Rand
Canadian
Jan
12
Jan
Aug
48
•
•
Canadian Industries common
7%
Sep
27 %
*
Ltd
6V2
Mar
4
35c
250
22
*
*
Ltd
Canadian Fairbanks-Morse Co Ltd
Jun
2,475
22%
Malting Co Ltd
Jun
13%
Mar
3 7/b
3%
102'%
Sugar
Dominion
23%
102 102%
1
100
60
:
5
5
a6
1.15
13
Apr
10
12%
90c
A
class
Company common
Canada
5%
12%
950
Jan
15
10%
V&V; 50
•
125
75c
Ltd
Millen
Canadian Dredge & Dock Co
Jan
17
a6
B
Canada
Dec
125
10%
Colum
5%
11
17
12%
Preferred
Catelli
10%
9
5
High
Low
High
Low
11
:
Columbia
Class
7%
Range for year 1948
Shares
class B_
&
British
Brit
for Week
Co corn-
Brandram
Brown
Sales
Range
Paper
&
Power
&
Brand
Jun
14%
Week's
of Prices
Glove & Hosiery
110
115%
Jan
Funds
Price
Sale
Ltd
Works
Glove
22%
*
18%
Nov
99%
1949
110
•
42.
8% May
Mar
,
Dec
27%
100
Light
22%
•
com__
5
Sep
Jan
7%
167
Mar
24
♦
notes
110
100
page
16%
160
,
22%
common
see
250
common.,
:
Bathurst
Jun
Tramways
16%
10
Belgium
Jun
Montreal Locomotive
16%
•
10
Atlas
Jun
2,110
(Robt)
5
1,360
Anglo-Nfld Development Co Ltd
Jan
120
1,441
Molson Breweries Ltd
50
*
Scotia 1
Acme
Jan
a20
122
56%
Oil
a6
168
7%
Par
Mar
122
*
C 35
S)
a6
U68
7
__
83
5% Aug
a6
168
7'A
Jun
.
55%
Massey-Harris
Mar
Last
Jan
100
Ltd
72
STOCKS—
May
34%
;
Corp
31
Friday
Sep
55%
preferred
Dec
a86
Canadian
7% July
2p
34 %
A_
82 %
a85%
83:.
Montreal Curb Market
25 % May
•
Steel
class
Jan
Feb
__
Limited
2'in
Nov
92
*
Class B
(J
13%
103
common
Structural
97
67
100
___;
Electric
Montreal
Nov
12
3
Export
Nov
540
__*
Worts
&
common
Royal
July
15
preferred
MacMillan
10
82
*
*
(John
6%
a82
•
Ltd
100
Ltd
6%
a82
*
Nov
20
Dec
Ltd
MacKinnon
60
Dec
Laura Secord
Bros
49
Jan
84%
Ltd..
Woods
the
Mar
43%
18%
98 %
preferred
Jun
8% May
5% Mar
1,745
Jun
20
81%
100
pfd
preferred
Nova
Sep
Mar
44
45%
54
18%
14
35 Va
465
com
Feb
101%
6'A
10
May
300
Corp
16%
Nov
25% Ju.y
Apr
81%
v
10
9% May
Ltd—__I_•
Co
Jamaica Public Service Ltd
& Sons
100
45%
54
'
17
97
.
17%
Dec
98
Apr
Nov
♦
•
Montreal
Jun
85
Canada
20
1
Commerce
Jun
97
Power
Utilities
Lake
Mar
13
170
8%
17%
105
*
International
Lang
Apr
16%
^_100
of
International
(John)
Feb
100
common
71
'
1
Jun
17%
11% Mar
250
17
20%
Canadienne
Oct
25
Nickel
155
—*
preferred
Banks—
Jan
111
V: 85
common
Petroleum
For
20
Apr
___100
._
International
Montreal
Oct
107 %
100
Paper
Mitchell
16%
5
£i
International
Mitchell
90
18%
•
•
Bronze
International
Mailman
17%
30%
*
preferred
Labatt
98%
alio
16%
16%
50
preferred
27
Feb
Mar
16.%
Corp
(Geo)
Brewers
14%
14%
•
common
Mar
12
Oct
July
25
Dec
101% 101%
•
t
22
144
50
preferred
5%
Nov
98
8%
Coal
International
25
Dec
17%
Bridge
Intercolonial
Mar
98
120
alio
100
preferred
49
20
18%
1,586
•
preferred
5%
Sep
48
24%
295
98%
common
Gooderham
%%
Zellers
18% May
19
85
27
Dec
14
445
;
98 %
common
Aug
662
25
18%
Cotton
Winnipeg
17%_ Jun
26%
100
Corp
Nov
144
20%
100
Canada
Tobacco 7%
Weston
19 % May
11%
-r'A'
26%
*
Acceptance
Sep
85%
20% Mar
98%
Brothers
Wabasso
May
a
*
Ltd
15%
Aug
44% Mar
__
preferred
Tuckett
July
—100
Oil
Dec
11%
15%
Bay Mining & Smelting
Aug
40%
18%
22% July
Paper common
12
*
j.
preferred
Co
7%
13 % May
15%
Smith
"'l Aug
80
—100
pfd—*
Power
Standard Chemical common—
Steel
A
Sep
*: 27
17'A
•
Jan
26 %
Feb
Alabastine
;j
*
__.
common—
4%%
Canada
27% May
11
•
&
11
Dec
17
17
19% May
50
Lime
Nov
Jan
20
common
102 % May
Nov
8%
21
160
75
467
144
24 %
*
100
Jun
230
Wares
46%
46%
common
Sons
Simpsons .Ltd
14% May
100%
12'J
1,326
2,171
300
23 %
&
Sep
Apr
May
Nov
«
•'■>«■/ 52
41%
23 %
(H)
28
26
247A
86
41%
23%
47%
'22
14
Dec
Feb
26%
'101
9%
22%
14%
101
9%
22'A
41%
Dec
21%
preferred
Indust
5%
40
200
Imperial Tobacco of Canada common_5
4% preferred
25
5%
Feb
17
Steel
9
*
50
Jan
30
135
preferred
Lewis
28
23
common
25%
9
__
18%
15% Mar
Jan
26
Feb
14%
Imperial
7%
10
Dec
14%
Howard
8%
Feb
16%
Hamilton
6%
8
22
9
-
21%
*
Power
27
:
Oct
15%
Feb
10%
50
335
225
25
585
11 %
16%
27
25%
11 %
16%
16%
54% Mar
Jun
*
Gypsum
5%
21%
21%
preferred
6%
Feb
a8
a8
V
16
22%
preferred
l.loo
1
Southern
33 % May
23
common
925
57
Jun
BONDS
100
Preferred
16%
preferred
Simon
22% May
Feb
-
21%
Foundation Co of Canada
Jan
57
May
37% May
27
20
5%%
Mar
16% Mar
Players Canada Corp
Hudson
33
15
2.525
Heating Products
Gatineau
Jan
35
•
Eddy Paper Co class A preferred
Co
38%
23%
1
common
preferred
Dryden Paper
&
Dec
*
common
7%
General
29
17%
___■»
preferred
Famous
Nov
17
25
Ltd
& Chemical
Dominion Textile
Enamel
131%
35
35
common
Nov
91% Mar
17
____*
Dominion Steel & Coal class B
Dominion Tar
14%
118
_»
;___
Steel
&
preferred
Dominion
14%
980
*
common
Dec
68
16
55%
16%
Jan
10
20
Dairies
17%
? 85
Breweries
Nov
13
25
preferred
Feb
85
preferred
Oct
36%
12%
all% all%
•
Foundries
Dominion Glass
$2
Mar
35%
12%
•
preferred
Dominion
5%
10
14 % May
35%
_I*
Co
Seagrams
Dominion
Fraser
Mar
•
Dominion Coal 6%
Red
10
5
Smelting—
&
Dominion Bridge
7%
26% Mar
540
•
Glass
Distillers
5%
305
11%
25
20
Railway___
Plow
Consolidated
Crown
28%
*
common..
Nov
11
1
Sicks
May
28
11%
*
Companies
Cardy Corp Ltd class A
Cockshutt
36
28
11%
•
Canadian
Jun
*
Canadian Locomotive
7%
67
Co—
Paper
>7%
Oct
30
__•
class A
30'
4
10
Aug
Jan
25
10
a26% a26%
25
Investment
Alcohol
Dec
Feb
99
Wilsils
Canadian Cottons 6%
17
37
preferred
Sherwins Williams of
Nov
9% Mar
101
65
•
;
80
755
49
preferred
Tooke
14%
*
common
common
series
$1.00
new
Oct
'
Nov
41%
2nd
Jan
23%
14
20
Celanese
60%
38
Sep
39 Va
Oct
y
f"•?"y'S-"
*•'.
A
A
Class
Jan
9
100
_______
:
Canadian
27
110
♦
common
&
1,870
9%
♦
Breweries
Canadian Car
29%
9%
♦
common
•
29
9%
20
preferred
Canadian
Canadian Bronze
29 %
"
50
Steamship
Feb
Aug} ! '■
41%
100
*
pfd
Voting trust certificates.,
Canada
29
Sep
5
Dredging
4%%
Corp common
4%
22
41 %
0
Shawinigan Water & Power com
Sep
20
44%
Feb
1
28% May
Jan
a63
1st
Series A
Dec
15%
18%
*
25
common
Lawrence
22
25
215
■
<.
,
];•
Nov
a63
*
preferred
2nd
St
Jan
58
Mar
18%
•
common
Power
Saguenay
St Lawrence
96% Jan
4% May
25%
I
A
40 % Dec
;
Transport
reaper
43
37%
•
preferred
Ronanu
Jun
May
25 %
Sep
38
•
Canada
Knitting
Regent
13
26
21%
•
Co
of
Corp
".'■
18
18%
*
:
Quebec Power
Jan
^
•
Sep
Mar
10%
55/
22
21%
Dec
■
Jan
Apr'1'.'
45%
_1
•_
Price Bros & Co Ltd common
Provincial
Oct
39%
1.10
3
Ltd
Gold
Sep
*
cl
Power
•
V45
Mar
40
1,021
149
22
43A?
21%
21%
common
River
Powell
57%
57
21%
42% ^
Placer Development
$1.60
22%
19%
B
Bulolo
Jun
A—•
Products
Power
B
66c
29% May
39
pfd—_100
Forest
Columbia
Mills
Jan
19'A
•
Columbia
Class
17% Mar
2,725
25
common
British
Building
Dec
24'% Mar
Jan
*
Co
British
Class
12c
592
7%
80
*
Power
Preferred
Bruck
38%
520
22%
Oct
1.10
Light
British Columbia Elec Co 4%
•
22%
65
25
Trac
British American Bank
British
26
•
5% Mar
600
a68
20c
100
;
Feb
49
Tubes
Page-Hersey
21 %
__
57'A
1
common
Light. Heat & Power com
Ottawa
/
22
vA
RwysJ
Electric
Ottawa
'
*
•
Mills
Flour
Ogilvie
11
;
22%
,
Ltd
Mines
Noiunda
Corp
Weaving
Wire
Niagara
Penmans
Aluminum
Car
High
37
1,340
35
165
687
190
2,135
40 '
11
22%
21%
40
Drug & Chemical pfd——_5
Dec
Algoma Steel
•
25
preferred
1948
Low
38
37%
37'A
National
High
Low
•
common
National
Range for year 1948
Shares
High;
16%
20
preferred
of Prices
Low
__*
Acadia-Atlantic Sugar class A
5%
Range
Price
Par
Breweries
National
Sales
for Week
.
Range for year
Shares
High
Low
Par
Week's
for Week
of Prices
Price
Sale
STOCKS—
Funds
Friday
'
Last
Exchange
Sales
Range
Friday
Montreal Slock
3'A
Jan
2'A
2
2%
12,750
2
Sep
23%
23%
23%
640
21
Jan
27
Jun
15%
15%
15%
210
15
Dec
20'A
Jun
10%
50
10
Sep
15'A
Jan
10%
Volume 169
'Number 4771
THE
COMMERCIAL
&
CANADIAN
RANGE FOR
Friday
/• ■'•:'•■>• ■:./
J
Week's
i''"'- Sale
Price
Low
Corp
•
.
__
Inter-City Baking Company Ltd____100
•aatef'
*iiuuotiieo
International
Lowxiey" Co
Lta
class
A
(Walker
M,
*
Maple Leaf Milling Co Ltd_
MAutinie
Terleg & Tel
Massey-Harris
6'A%
Co
McC'oil-tP'rontenac
'6Ve
Montreal
Moore
&
Ontario
Island
Power
Rice
<*
C6—__
12 i-4
>
Ay'V
a98
5
25
.
200
290
12
21'/a
225
2u
a20c
a20c
-731/4
731/4
9%
6
*•
&
Nov
/"94
Apr
5% May
1
Feb
13'A
21 v8
May
25c
July
75%
Apr
9
^eo
Dec
10'A
Agnew
Scotia
Light & Power 6%
pfd_10o
Orange Crush Ltd
Paul
Service
Power Corp
;
iCan)
Southern
Canada
Southmont
fotanaaid
Pilel
Class
<■
pfdl
B
Products Ltd
Investment class A pfd
Ltd
Mining
Alger
Jan
I.
—
Mines
Lake
Lake
Gold
Bouzan Gold
8
Jun
May
13'A
Dec
lb
47%
Jun
48
July
37
'
Ltd—■,
Ltd
1,25
2,600
10
27'A Mar
50c
38
Nov
Mar
Nov
Oct
12
1.25
12'A
Jun
:
Central
Cortez
Mines
12c
Jan
Explorations
c'aaillac
Mines
Ltd
Gold
Mines
<
,
22c
Jan
5c
Oct
33c
Jun
7%c
12,500
19%c22%c
20c"
2c
8c
«n
Mines
Gold
Aug
15c
'18c
Aug
59c
Jun
5c
5'Ac July
3'Ac July
16c
Feb
12c
Nov
9c
1,000
8c
1,000
2bc
•
7,500
2c
American
26'Ac Dec
27c
Dec
593
22c
Jan
5c
10,000
3c
Dec
13 Vac
Jun
2,400
10c
Oct
22c
Jan
57c
57c
43c
Aug
72c
May
17
17
13'A
Nov
23 Va Mar
"
1
\
Anacon
67c
71c
2,600
5%c
7c
5.40
5.40
55c
-A 57/bc'
6'Ac
11c
12 V8
950
45c
47c
7,500
3'Ac
4c
17,500
45c
45c
2,000
alS'/a alS'A
Jan
50
4c
__
_i
__
1.40
1.40
1.56
Jun
23%c, Feb
Nov
6c
Jan
20c
Jun
3'Ac Aug
Oct
ti'AC
8.50 Jun
44c
Dec
2%c Dec
25c
Mar
12
Jun
1.14
400
11%
^3
4.50 July
•
10'Ac Sep
24c
1
Mines
Ltd
Nov
200
10
Oct
Dec
83c
May
Mines
Ltd
1.15
Mines Ltd
14% Mar
Jun
8c
Feb
Nov
1.45
Jan
40c
July
69c
1,600
a54
10
I2y8
800
50'A
Nov
6'A Mar
3-
78c
78c
"
2.20
2.20
3.35
3.45
5,300
12c
12c
1,000
Julv
8c
8c
1,000
4'Ac July
1.80
1.80
500
1.46 Nov
1
Mines
Porcupine Mines
Gold
Gold
__
1
Gold
16c
*
Ltd
1
Ltd
16c,.
1.90
65
Development
Quebec
Manganese
Yellowknife
Gold
1
Argus
ll'A
Jail
Oct
1.18
13c
Dec
3.75
9.75
__
1
Sherritt-Gordon Mines Ltd
(Quebec)
Mines
:
42c
1
Ltd—
Gold
Mines
Ltd
1
Ltd.,
1
Ltd,
8c
1
1.75
__
/
—
•.
1
Mines
1
Ltd
r
Mines Ltd
1
*
Ltd
—
1
Globe
Ltd
_1
Oil
&
Co
Lid
Dev
Home Oil Co
"New
Pacalta
-Pacific
Pan
Oil
Co
Ltd
Oils
South
6'A
70
/ ;,r
31c
Jan
66,000
6'Ac Mar
21c
Oct
700
70
•;/,//z
5% Mar
20
65'A
28c
5,500
6c
Mar
15c
Jan
10c 14%c
10c
10c
36,100
Dec
39c
Jun
5%c
7c
8'Ac
14,000
5c
July
14c
14c 15'Ac
,19,500
4c
Mar
•
75c
75c
87c
18,700
33c
12'A
12'A
12'A
Steels
•
Co
Ltd
16c
Aubelle
1
10'Ac
10c
11c
22,500
8c
16c
1
20c
20c
22c
10,900
15c
Apr
Sep
3.45
3.50
3,100
Gold
1
Auto
Electric
Fabric
common
Bagamac
class
,
57c
Mar
13
->
July
see
page
42.
4.00
;■
5
5
4%
*
:
4'/a
175
5
4'A May
Mines
Bankfield
1
of
of
Nova
Bank
of
Toronto
Base
Metals
&
Scotia
Class
30,512
8c
11c
13,866
26
25%
26'/a
615
25
35'A
357/a
10
i
—
class
Power
A—
'.
-
Bell
Yellowknife
1
&
Sons-class
Sep
Jan
Feb
Blue Ribbon
Bobjo
A.
15
17
Corp common
11c.
22,000 T
7%c
12,931
40'A
Dec
39%
1.16
107,369 .<
17
18
27c
7,500
15c
13,500
12'/2c J
,
:/m 200 *
12
12
122
1
14c
16c
17,600
14c
14c
15c
15c
1
—
Jan
Dec
Jan
Nov
17
Oct
—6
Gold
38%
Feb
1.10
15c
38
Mar
4
Nov
69c
Nov
5
25c
1
Mines
Bonetal
75
Oct
9c
Sep
200
387/a
*
Gold
29c
28
Aug
,6
Dec
5% May
Mar
15'/a
9%c
1
Kirkland
9c
22 '/4
39
25
Gold
Bldgood
32
9%c
—
Bevcourt
33
160
13,535
1.11
Telephone
Bertram
183
36
64c
6
__
'
Feb
22'/4
22'A
*
6
.
July
15
"
„
Beaulieu
62'Ac
*■
A
class
B
5c
36
*
July
8'Ac Mar
60c
10
Mining—
Innes
Batnurst
27c
10c
10
Montreal
Bank
21c
—1
Consolidated
Bank
4
Aug
22%
Dec
6'A May
24c
Jan
44
Oct
.
"17
Dec
19'A
Nov
18'Ac
Oct
60c
Feb
11c
Dec
28c
Jan
10'A
Feb
10c
Oct
17c
Jan
l,0Ud
11c
Nov
29c
Feb
14,500
12c
Dec
57c
Jun
3c
Sep
6c
Jan
•
12
Bordulac
May
•
i
Pershing
Boymar
Gold
•
Mines
Mines
4c
4c
4%c
78,500
1
Ltd—
34c
34c
36c
8,298
*
9.00
8.65
9.25
5,310
*
95c
70c
1.25
3,650
20c
Brazilian Traction Light & Pwr com—•
Sep
19'A
19
19%
1,455
17
Feb
Millen
&
class
A
—
o.50 Jui.v
j.1
1.00
Feb
Feb
22% May
Brewis Red
British
Lake
1
American
Oil
Columbia
4%%
6'Ac
6'Ac
500
4c
Aug
8c
Oct-
•
24%
237/8
24%
1,905
20
Feb
25
Jun
25
25%
25
25'A
1,115
237/s
Jan
27'A
Nov
90
99
Jan
common
Preferred
Elec
4%
pfd
100
90'A
140
86'A
Oct
100
preferred
100'/a 101'A
British
Columbia
Forest
54
101'A
Dec
•
2% *s;
3
5%
6'A
5,775
2%
Dec
26
295
3
200
35c
Packers class B
Columbia
Columbia
Class
Products
101'/a
Dec
Power
class
*
A
*
B
British
*
Dominion
Oil
*
•,
'-'r...
.
26
2%
25%,
2%
34%c
30c
1,650
4'A Mar
24%
Jan
4% May
8% Aug
27'A
Sep
2
Apr
37,133
16c
Feb
46c
Dec
Jan
3'A
Julv
37c
14c
Dec
99c
Buffalo
1.25 July
Canadian
•
19c
18c
19c
9,500
6c
Red
9'Ac
4,000
5.80
89c
Feb
Sep
PorcuDine
1
34c 35'Ac
65c
Jan
&
Class
Co
Lake
1
—
class
A
*
B
Burrard
15
class
8'Ac
!
A
*
8'Ac
Aug
2.40
30c
Jan
Jan
Nov
25c
Jan
28'A
Feb
36
Nov
11
Feb
15
Jun
45
13
6'Ac Aug
275
400
32% A
29'/a
•29%;.
21
Apr
31'A July
17%
17%
17%
7
13%
Feb
21
Sep
7'/a
7Va
8
375
.Wa
Nov
9
Jun
14'Ac May
15%
Oct
17c
Mar
JUn
58c
Jan
100
6.50 July
8.25
Caldwell Linen 2nd preferred
&
Edmonton
42c
5,400
5c
>
16'/a
16%
50
14%
•
6.20
6.15
6.35
7,113
3.65
•
8c
7'Ac
8c
5,500
6c
Feb
18c
Jun
47c 50%c
3,400
34c
Mar
65c
Jan
:—1
2.75
2.75
2.85
4,100
*
25'A
25'A
25%
775
20
29'A
Calgary
Callinan
Flin
Oils
Flon
1
Jan
Feb
16'A
Nov
7.60 May
Apr
35c
Apr
50c
Apr
Campbell Red Lake.
Canada
Cement
.
common
Preferred
2,000
8c
Feb
13c
Jan
29
29 'A
50c
867
45c
Dec
67c
Jan
Canada
Foundries
*
27
27
27
8c
8c
1,000
5c
Nov
11c
Jan
Canada
Malting Sh Warr
*
49
47%
49
480
1.80
5,200
99c
Mar
1.40
1.40
300
Northern
*
9%
9%
25
1.14 Nov
2.08
May
class
A
Canada
Power
Packers claks A
*
3Ac
Sep
5
Nov
14% Mar
3.10
Dec
25%
Dec
27
Nov
29 Va
25
Apr
29
43 %
Apr
53'A
Jan
Oct
ll'A
Jan
38
Apr
18
Jan
Dec
July
2.60 Nov
3V2c
3'Ac
5,000
2c
Oct
3c
4'/4c
14,500
2c
* Nov
9c
Jan
9
33
33
33%
*
16'A
16'A
16'A
100
189
186
189
55
180
Sep
201'A
14
14
14
115
11
Mar
14%
Oct
Jun
/.:
Permanent Mortgage
95
-v-',/:
75
32%
Dec
15'A Mar
Jan
Nov
4c
Canada
9%
•
Class., B
73,400
210
'• ••
1.90
Jan
1.51
81,400
ll%c 17'/8c
3,250
4.75
Feb
9.65
Oct
Canada
SS
Lines
common
Preferred
50
8c
97/'8c
54,000
2c
July
7c
Dec
Canada
26c
31c
56,200
8c
Nov
8c
Nov
Canadian
Wire
Bank
Canadian
Canners
36 'A
36'/a
85
35
Feb
42
25
20
20
20
25
20
Nov
23'A July
*
25'A
25'A
25'A
Breweries
6.20
1.60 Mar
19c
Jan
6.30
1,500
3.75
Feb
lie
lOcll'Ac
16,200
11c
Jun
27c
7,000
21c
Dec
28
5
25c
Nov
25c
Oct
7C
39c
27c
__
*
2.75
4.800
8.00
6.20
2.90
1
.
B
//
*
*
Sep
Dec
12%
*
*
^
Jun
8c
32'/a
1,000
1
Ltd
Nov
3,500
Aumaque Gold
Nov
1.25
13'A
12c
*
3,000
__
27c
,
11c
*
32c
*
925
Jun
16'Ac Jan
Sep
lO'/a May
12c
Buffalo
4.95
I2s/a
•
1
Burlington Steel
32c
1.30
7c
Atlas Yellowknife
Mines
Jan
75c
8'Ac
—
Nov
Building Products
4.70
7iyac
83
15c
Jan
32c
*
7% May
Oct
2,400
Feb
!
__
Oct
20c
2,900
Apr
68c
„
Feb
.6,800
6'A
70
Jan
3,150
1.25
17'/ac
6c
12c
17c
__
9c
4.70
*
Co
footnotes
Dec
20,700
3.25
57c
Brazeau
For
17'Ac 22'Ac
3c
4'/sC July
6 V4c Dec
22C
1.45 Mar
1.10
__
Oil
Jun
9c
20c
16,100
1.21
1
—
Petroleum
Western
Royalite
68c
24,100
Oct
*
A
Ltd
Oils
Dec
4,000
7c
Dec
*
Ltd
Ltd
Co
23'Ac
3'/ac
3.30
•
Corp
Oil Ventures Ltd
Oil
1,000
27c
3c
__
100
(1937)
Canadian
Mines
Calgary & Edmonton Corp Ltd
Gaspe
Apr
27c
•
common
Canadian
Oils
9.20
2,70
Oil Stocks—
Homestead
Jun
6'Ac
—
4'/8c Mar
66c
63'Ac
__
Dec
8.25
1.75
'
Nov
708
;
2.46
1,200
5c
.
Nov
4.80
19 'Ac
2.45
50c
__
,
Consol
10
20c
65 %c
-
20c
40c
/r
__
Ltd
Asbestos Corp
Villbona Gold Mines Ltd
Decalta
Oct
1.35 Mar
2.60
8.00
42c
Ltd——__—.l
Mines
Oil
Apr
49c
30,565
1
Canada
D0111
8c
.53,800
<
1
2.40
__
1
(1944)
Mines
2.40
l.^__ 1
Ltd
Mines
Anglo-Canadian
9.25
1
1
Calmont
British
•33,800
64c
4.95
8'Ac
3,500
Coghlan
18c
60c
4.75
600
26,500
12,500
Wilstey
15'/2c
62c
4.75
6,000
9c
'12c
/
15Vac
41'Ac Jan
Jan
16'A
Mines
Feb
1
7V2g
4,000
11c
Westville
Dec
22'Ac
Ankerite
4'Ac Aug
5c
16%
Malartic
8'Ac
1,000
Buffadlson Gold
Feb
41'Ac 44'Ac
Amulet
,9,000
Buffalo
1.50
16'/a
Mines
Senator-Rouyn Ltd
Vinray
18c
35c
May
Dec
Quemont Mining Corp Ltd—
*
Santiago Mines Lid
i__50c
Waile
Jan
15c
35c
Jan
Feb
85c
400
60c
'
Ltd
38c
15c
35c
Jan
9c
Oct
Mines
Dec
6c
May
Dec
Trebor
25%
Mar
2.17
9c
6c
J Tinted
24
1
British
4c
Gold
420
•
Oil
British
1,000
Sylvanite
26'A
1
Oil
Mines
Mines
Atlantic
Jan
13,200
Cons
25 'A
1
Dec
7c
Sullivan
Jun
*
Armistice
Nov
6c
Mines
65 Va
1
2.42
5c
Btadacona
44'A Mar
1
Arjon Gold
3.15
6%c
Soma-Duvemay
525
—•
Corp
Dec
7c
Standard Gold
59'A
26'A
25
Preferred
//Warrants.——.
Mar
5c
Gold
58'A
19c
1.55 Mar
Ltci__l
Siscoe
Dec
59'A
—1
76c
1.14
7c
66c
Mines
Quebec
Sigma Mines
57
Mar
3,000
llcliy4c
__
i
Dec
13c
33'A Mar
8'Ac
bee
3.60
3.60
1
_1
31'Ac
3'Ac May
135
8'Ac
•:< 500
5c
1
Mining Co Ltd^
Labrador
July
18,600
1
Burns
Quebec
pfd
Mines
Porcupine
Mines
5,500
-
1.14
__
Mines
Dredging Ltd
Mines
16c
Dec
-87%c Jan
Oct
3c
12
__
10
Sep
14c
Oct
NOV
Jun
55c
Sep
%
54'A
Aquarius
Area
Broulan
Pen-Rey
Canada
Yellowknife
Braiorne
35c
3.45
1
Pitt Gold
4c
6'Ac
Brand
7,000
65c
__
114
103
527/8
•
Feb
19,000
a54
__
1
Cons
4'Ac
39
Apr
Sep
7'A
2,500
4c
Apex Consol Resources
Nov
45c
*
Norseman
Pato
of
Anglo Rouyn
Ansley Gold
6c
14% Mar
6'Ac
1
Ltd
Mining Corp Ltd,.
Norpick Gold Mines Ltd
Cadailic
23c
•
Lead
58c
6c
65c
5
Normetal
Pamour
16 Va
Jan
13
38c
__
1
Pandora
75c
23c
*
Canadian
Anglo-Huronian
Boycon
,Y
1
Dredging Ltd-—
Gold
61c
23c
1
:
Rights
Sep
4.45 July
26,000
12
Dec
8.50
5c
6,500
10c
Jun
17 3/4 c
Sep
Mar
2c
Feb
30'Ac
9'Ac Dec
5
12
1.09
1.65 Mar
5,500
10,000
10c
Ltd^AAi,-£TA^i-U^'/:
Ltd
4C"
Dec
4'Ac
4,500
i
57/aC
1
Nechi Cons
Orenda
6,300
70c
1
Ltd
Anglo
Bates
12'Ac Mar
3,500
3i/aC
Mar
50c
5,500
10%c 10%c
5.40
1
24c
%c
3.40
67c
6c
'
1,000
8,000
3.25
__
10c
525
13c 13'Ac
21
__
,
1,500
i
16 %c 16'Ac
•
*
O'Brien Gold
105
Nepheline
American
Dec
18c
Mining Corp of Canada Ltd
Mines
9
Jan
97
.35
19% May
21% May
Mar
Mar
8c
1
t
Ltd_^
Mines
Calumet
87/a
18
35'/a
1,975
;
1
Amalgamated Larder
British
New
103
Steel
Aluminium
Nov
55,100
25c
1
Mines
3c
103,000
3c
al5c
1
Ltd
Mclntyre-Porcupine
,
103
Cons
Gold
Alger
Auto
206,600
29c
16c
1
—
Ltd—
Mines
Goldfields
Macdonald
103
•
Pacific
Algoma
Aunor
4V2c
—5
J
Ltd
Mines
Mines
Nov
al3c
1
Ltd
Joliet-Quebec
68V2C
Mar
Jan
5c
1
:__i_
<
17'Ac
18c
1
Uranium Mining Co
Lingside.Gold
Dec
6%c
*
Kerr
i-juvicourt
7'/aC
>
Dec
al5c
1
Ltd
Lake Mines
bake Shore
7,000
__
1
.
Ltd
Ltd
Mines
Dufault
Jan
2oc
1
Hollinger Cons Gold Mines Ltd.
Addison
7c
8c
•
1
Ltd
Formaque Goid Mines ijtCt—„
Giant Yellowknife Gold
International
Nov
lie
__
Muiavue
3c
10c
__
Mines Ltd__
Mines
1,000
,
<■
Ltd
Mines
Mino
4Vac
25c
1
Ltd
Mines
Gold
12c
*
Ltd.——
Mines
Gold
T
26,200
1
i_,ta
Sullivan
64c
4'Ac
1
Dickenson Red Lake Mines Ltd
uolcl
75
25
Yellowknife
Alberta
Atlas
1
Ltd
Mining Co Ltd,
Mines
2,265
37'A
24
Athona
Mar
3c
6'/2c
2V2c
i
—
7,000
64c
60c
21%c
1
Ltd
4V2C
9,600
1,000
/•"
<7%c
:
•
Ltd
62c :
10c
1
Mines
Astoria
Mines
4%c
60c
,
1
1
Ltd
Coxisol
Donalda
20'A
37'/a
100
,
4'/8c
;
1.:
Mines
20
20
.24 'A
High,
,12'/2 Mar
Apr
150
250
6'/2C
1
Lake
15%'
Jun
Jan
Nov
100
1.25
Ltd—1
Mines
Con-onuated
Jack
•45o
Feb
5
30U
__
Centremaque Gold Mines Ltd
Goldora
115
17
v4
__
Cneskirk
Sol
May
Feb
51
al05/8 al0%
*
*
Mines
Mines
Mines
Mines
CauUego Gold
Kldona
19
Feb.
4,565
Jan
peb
15%
50
18
16%
36%
i
Ltd
Gold
Cartier-Malartic Gold
El
Jan
ll'A July
17
37'/4
1
una—_
Mining Corp
Yenowknife
East
»/4
<m
20
1948
year
Low
17
Ashley Gold & Oil
bca^.eu
Duvay
Feb
25
51
/
64c
Red
buiawa
7
8?
ill
May
104
14
Oct
16%
:
«
Beatrice
uuuic
13
15
8.556
8
__
"
—
16
Range for
High
16%
Jan
Nov
Oct
10 'A May
400
uc
14
8
:
Gold
metals
Cournor
jg'A
4ic
50
Mines -Ltd—
Lead
band-ore
Bob's
131/,
10%
21'A
May
13%
Shares
Jan
Stocks—
Gold
Anacon
125
14
__25
Ci_
(J
is
alll alll'/a
*
preferred
30
112
Oct
Mar
107
250
uc
<•
3%
13
28
.:
15%
10%
171/2
alll%.
100
Ltd
110
14
,
*
We.jyeei rrouUCts Ltd J_
Western Grain Co Ltd
Wilsoii
Z100
200
10%
__
109'A Mar
250
14Vs
„_20
Ltd
5%
20'A
109'/a
__
»
pfd
6%
Co
20 V2
■
,
pfd,_ 100
Paving & Materials Ltd
filial Stores
United
Pr
Invest
Standard Clay
51%
19'/a
__
*
1st ptd_lU0
cum
Ltd 5%
Industries Ltd,
Russell
»
Stores Ltd
of Can 6%
Quebec Pulp & Paper 7% red
Queoec Telephone Corp A____
Reitmans
111%*
for Week
of Prices
—•
A
Surpass
Akaltcho
16 'A
20
class
Preferred
May
July
Price
Low
•
common
preferred
Aluminum Co
Nova
Paper
preferred
$2.50
JUI2
1'eb
65'A
75
lliy2 ill'A
y4
25c
185
91/3
__
Power
$li50
.Aug
30
4% Mar
12%
21%
__
-
Mar
•91'/a
Sale
Par
Abitibi
Acadia-Atlantic
\l2V2
a
May
STOCKS—
,
Bales
Range
Last
v
May
44
Week's
Friday
.
P'eb
19
Exchange
Canadian Funds
May
28
-
10% Oct-/':vn; -15
NOV '
2i
5
5
•
17-
2
Toronto Stock
1948
80
May
31'A May /
Jan
* Mar
36
200
17
Oct
24'/a Oct
'
50
5
21V2"
731/4.
Mills .Ltd
25
10%
■
year
4'
Dec
2o'A
415
"50
■
a98
'
'
Ltd-
ooiporacion
Mount-Royal
-I
0
;
38
2714
__
MARKETS
High
Jan
72
25 i
27'A
—.10
Co_^_:!
Baper
25
2%
•15
16%
10%
17
'
125
26
25
Oil
preferred i—,—
'
15%
,17!
,
Range for
LOW
,a76
37%.
__
10
4%. p,d
—_iuj
Melchers Distilleries Limited com:_'___I>
Mimie^uia
•'
37%*-
pfd~20
conv
26
16«
'
*
:
com
a76
V.'.
*
Co
2%
--•
Paints...S%-''>preierrcd__20?
Lid
Power & Paper
Iviacxjitren
-■/—
*:;f
Shares
High
2%
,
Secur
(411)
ENDED JANUARY 21
for Week
of Priced
Par
Hydro-Electric
LISTED
WEEK
CHRONICLE
Sales
Range
East
K
■ ■"
STOCKS—
FINANCIAL
1.30
28c
Dec
Dec
7.50 May
Jun
32c
32%c Nov
preferred
&
11,900
1,500
13
14,711
ll'Ac
13c
6,500
2.90
2.95
800
14'Ac 15'/4c
6,900
1.25
71c
5.20
8c
2.30
Jan
Dec
2.25
83c
Feb
14'/a
July
32'Ac
Dec
3.65
16c
Dec
38c
Cable
class
B
Class
Jun
23
23%
1,225
21
July
24
Nov
20
20'A
2,611
17% Mar
24
Jan
*
1st preferred
Car
31
23
20'A
17%
17%
18
205
16% Mar
22
May
28
Jun
common
20
24%
24'A
125
23
Apr
17'/a
18
110
17
Mar
21'A
Jun
14'/a
14'A
505
10
Mar
14%
Jun
16%
16'/a
17
450
15'/a
Apr
18'/a
Jun
21
Dec
22%
Dec
38
38
145
34'/2
Feb
40
Dec
25
22'/a
21%
22'/a
370
20'A Mar
23'A
Jan
27'A
*
8'/a
*
*
20
New
new
common—*
Preferred
Nov
21%
25
preferred
50
17 Ml;
;—
common
A
May
V
*
Conv preferred
Canadian
21'A Mar
10
•
Commerce
of
Canadian Celanese
1.34
71c 71'Ac
12'A
4.75
45c
Varnish
—
24%
22
1,495
Nov
Apr
Nov
Nov
Canadian Dredge
Food Products
Canadian
Canadian Ice Machine
24'A
28'A
6,771
16
Feb
27
Oct
Canadian
Indus
21c
22c
4,500
20c
Dec
21c
Dec
Canadian
Locomotive
Alco
common
common
"A"
voting
26
27'A
1,055
16
Mar
27%
Dec
8'A
8'A
140
8
Mar
12'/a
Jun
1
5'/a
5'/a
550
*
11'/a
11%
1,250
*
35'/a
36
425
5'A Mar
6
10
Mar
14
21
Mar
34 Va
Sep
Oct
NOV
39
I
WEEK ENDED JANUARY 21
RANGE FOR
Frldajr
Week's
Sales
Last
Range
for Week
Price
Sale
STOCKS-
Canadian
Canadian Oil Cos
8%
75C
13
1-6 %
Canadian
15
15
Cardy
Wallpaper class A"!-—'
olass
Corp
Cariboo Gold
:
|
';
A
8%
Nov
1,00
Aug
2.65
Jan
1.20 Mar
1.80
Jun
July
1.82
Nov
1.70
1.73
2,603
1.40
1.40
1.60
43,800
1.31
—
1.70
1.31
1.35
1,700
41c
Central
Leduc Oil
Central
Patricia
1
8,000
Mar
9c
3,500
5c
Aug
1
50c
1,600
30c
Mar
75c
Cheskirk
1
8'Ac
8'Ac
9'Ac
11,700
1
2.57
2.57
2.67
6,577
1.70
1.60
1.70
527
5(C
5 VaC
40,000
32c
33c
4,500
Mines
Chesterville
_..
Mines
Citralam
T
Malartic
Coastal
--
*
Chromium
»
Oils
Cochcnour
16c
Willans
32c
1
Coin
Plow
25%
Lake
Colomac
*
:—
Conduits
Coniaurum
1
„1
Mines
_
Beattie
Consolidated
Mines
Central
Duquesne
Homestead
Consumers
■
'
Dec
27c
Feb
9c
Nov
95c
3,600
46c
Apr
6
500
5
Dec
65
Apr
23c
Dec
28c
Dec,
10
Oct
16%
Jan
41c
Dec
85c
Jan
20%
750
26c
25,775
275
22,807
13c
Aug
21c
Dec
70b
Dec
32c
63c
19,611
10c
12c
74,400
10Vic
2,822»
118 119%
v
150
18 %c
1
11,226
30 %
100
18 VaC
3,100
' Mar
26c
2,600
18c
July
49c
2,300
3dc
Nov
Coal
D'Aragon
Davtes
Petroleum
Decalta
Oils
Delnite Mines
Denison
Detta
Nickel
Red
Dexter
45
13c
9,600
6c
Aug
Mar
1.20
1.25
2,500
95c
10c
12,100
5c
Lake
1st
Dominion
Steel
Dominion
paid
preferred
Machine class
(John) & Co
Mining
Gold
Mines
.v't •!/• v,<:
Crest
East
Steel
Easy Washing Machine
Paper
Sol
class
A
11,000
16
17%
1,555
Gold
Sep
27
50
Apr
52 Vi
26 %
26 %
2 7'A
434
22
Mar
28
13 %
11%
13%
6,840
6
Mar
16%
16%
1,075
Feb
23%
23 'A
23 34
245
21% Mar
11%
11%
197
11
13 %
13%
360
60c
6,230
48c
21'Ac 24'Ac
116,400
17c
Jan
3OV2C
Fanny
Federal
Grain
4C
Aug
18c
Fibre
Ford
10c
5,900
7c
Jun
33c
10c 10'Ac
13,600
10c
9%c
10 %c
Francoeur
8,700
16,815
3.20
3.20
3.35
9,350
7
7
7'A
450
20
20
20
.
65c
Dec
70c
82,100
55c
13.800
8c
9,520
35c
4.25
4.35
3,400
15%
15'A
320
14%
470
34
7'A
125
6%c
10,000
10
480
2
2,325
26%
26%
"
9c
9c
2,000
1C0
97%
98
85
2.90
75,050
Power
*
preferred
100
preferred
Bakeries
Steel
1,000
23%
100
Gatineau
General
2
23%
23"
0
*
General
36
7'/a
6%c
*
2.65
—
*
Preferred
19 Va
;
20
•
Nov
May
1.54
Jan
4.55
Jan
5.05 May
18% May
Dec
Mar
Jan
47 Vi
3Vi May
9 Va
4c
7%
7c
Sep
Feb
1
Lake
1.90
Oct
May
Glenora
Gold
3'A
Dec
Jan
Lake
Goldale
Gold
Mines
Gold
Eagle
Golden
Mines
—
•
98
.98
Dec
2.29
1.30 Mar
Fortune
Gold
Lake
Goldhawk
3,000
r32c
Jun1
25 %
25%
70
25
Oct
100% 100 %
10
98% Mar
55c
Jan
39c
July
Jan
Oct
16 Va
10
Lake
Lake
2 Va
500
2
Dec
15
15
175
14
Mar
102
5
99
Apr
5.50
3,139
Va
c
4,000
6Vic
3 Vic
5.500
2c
3%
17
106Vi
6.10
2.90 Mar
Aug
14c
Sep
4
36%
Jun
40c
Mar
84c
44c
50c
31,605
5c
1,000
3%c Oct
7c
16c 18'Ac
II,000
Oct
3c
1,000
8c
Aug
1%C Nov
21c
3c
4c
Nov
4'Ac
4 VaC
7,600
7c
Jan
2%c.
2'Ac
3,000
20c
3,000
44c
47c
3c
Aug
2c
Oct
Jan
4c
Feb
58c
Feb
Mar
59c
Nov
14C
Jun
25c
10,810
12c 13'Ac
17c
May
12 %c Nov
45,500
19c
47,715
15c
13c
13,500
4%c
15 Va
8
Oct;
4c
16'Ac
12'Ac
42c
42c
44c
37c
Oct
Oct
50c
Jan
Nov
15
Jan
11%
4,941
7%c
4,300
Oct
22c
Jan
32c
49,150
10c
July
Nov
60c
Jun
1.45
1.55
25,765
1.15 Nov
1.78
Jan
22 %
1.48
23
340
22% Dec
25%
Jun
7.75
Jan
4.10 Mar
5.80
5.80
6.10
4'Ac
4c
4'Ac
16,000
2 %c
Dec
1.38
1.25
1.44
76,525
38c
Mar
4'Ac
4 %c
500
2c
51c
58c
7,050
48c
6'Ac
7%c
6,000
i
56c
1
3,455
11%
11%
12
38c
40c
2.40
2.42
1,500
6.10
6.10
369
25c
1.36
Oct
Feb
5c
May
50c
Dec
15c
Nov
6c
5,800
6'Ac Jan
Dec
9.75
1,890
40c
1
-i
Jan
14% Mar
Dec
70c
May
Jan
0
19
5%c
10c
Lapaska Mines
"U"
Larder
9c 10'Ac
'
3.00
6.95 Feb
Dec
21% May
16% Mar
3c
Sep
7'Ac Feb
29,700
3c
Jun
11'Ac Dec
3%c
14%
3
■I
1.000
.
4c
31,000
14%
4c
1
Mines.
110
19
5'Ac
1
15
740
V2C
83c
4c
4c
4%c
52,900
84c
82c
85c
3,600
1.17
1.15
1.20
4,350
9c
9c
2,000
*
95c
94c
95c
4,680
*
—*
—1
—1
30'A
30
30%
23%
28%
28%
1
*
Leitch Gold Mines Ltd
1
Lexindin Gold
—-—_——1
Lebel
Mines
Oro
Oil
Leduc-West
Little
Lac
Long
Class
A
B
Goldfields
Gold
Lunward
Lynx
class
Groceterias
Loblaw
3c
8c
Aug
Jan
17% Jan
Mar
12
Mines
Class
Export
Nov
Nov
52c
Mar
'Nov
18 %c
17 V 2C
19c
4.000
11c
Apr
19c
14c
4,100
8Vic
Oct
17c
Nov
Jan
Apr
2.95
6c
2.35
9,285
25c
30c
29'Ac
32c
7.900
1.07
1.05
1.15
9%
9%
10
2.63
2.61
2.72
12,275
2.10
28c
27c
29c
3,020
12'Ac
2.20
2.18
2.28
15,700
1.50
Apr
3'Ac
3 %C
3%c
22,000
2c
Sep
96
96
10%
10%
11
»
7
i._
100
40c
Nov
26c
Dec
40C
Oct
8,800
73c
Dec
2,125
9
Feb
345
7%
10
*
94
470
11
8c
July
15
Sep
27'A
125
24
Mar
9
54
54%
98
54%
110
7% July
'•
23%
30
9%
Mclntyre
Porcupine
600
2. SO
3.00
12,672
*
7%c
7%'c
734c
46.500
4%c
Dec
,16c
Feb
McKenzie Red
6c
5c
6 Vic
76,000
3c
Sep
9c
Jan
McLCllan
Lake
i
1
_.
••
40c
42c
1
Oct
May
Oct
16
May
85
90
Oct
100
July
980
50
Mar
7,180.
9% Mar
Nov
66
29c
Nov
75c
Jan
Nov
Dec
8c
2.95
Dec
6'Ac Nov
94
27
15%
Jan
Feb
31c " Jan
Mar
14
Sep
Dec
16
8%
Feb
July
Oct
2,720
97%
2.14
July
22%
Vu
9'/a
3.15
40c
Oc%
21%
14
11
Nov
2,000
9 7'A
00
1.54
4% Mar
13c
8%
•
common
Jan
15c
27
0
class A
1.95
July
22%
.20
Feb
Feb
Nov
Aug
6c.
13c
common
Jan
3.00 Jan
1.80 Nov
10,700
—
Grain
20c
Dec
15,000
*
1
Preferred
1.50
Aug
71c
7Vic Feb
14c
9'Ac
3,000.
12c
Mines
pfd—
Milling
Massey-Harrls
McCabe
5,400
15c
11c
May
12c
1.09
12c
14'Ac
Gold
Marcus
29% Aug
Nov
2.25
A
Sugar
Leaf
Nov
Apr
35c
66'Ac
Gold
Eastern
&
Manitoba
31%
24%
11c
—
Maple
26 Va Mar
340
67c
Fields__-i_
Jan
Jan
2.28
class
Consoi
Gold
Jan
1.50
1
Mines
Gold
Lake
14c
1
—1
i
B
Red
Nov
July
1
—
Lake
River
Madsen
6c
67c
583
<
1.25
11'Ac
12c
14'Ac
Nov
Dec
1.04
29,500
39c
6c
1.19 May
Mar
60c
—1
1
Mines
Red
2'Ac July
45c
39c
*
Yellowknife
Macassa
Feb
36c
v
19
5'Ac
——
Feb
1.95 Aug
5.35
—
1
Cadillac
Jan
9,400
Nov
Mar
4%c
Lang & Sons
Malartic
26,666
Oct
11
51,981
uc
—
Gold
Lamaque
Magnet
56c
3c
Jun
12%
•
Jan
72c
6c
Oct
39%
12'/a
*
Jun
52c
1.95 Mar
Jan
104
Apr
29% Mar
2,672
1
Mining-
Wasa
102%
35
18c
Mines—
Shore
103
31% May
s
34%
45c
Rowan
i—1
Porcupine
33c
—
Lingman
MacMillan
Jan
500
Jun
May
30 Vic
8%
.1
MacLeod-Cockshutt
20
-
9
11
30 Vic
1
Lake
Macho
111
4%c
Nov
Apr
34c
-i
Feb
108
8c
Oct
10C
Nov
7
50
220
Ltd
Dec
Sep
4%c
25%
Sep
5,700
44c
Mines
MacDonald
70c
1
4c
50c
«
Dufault
Macfie
Sep
1
Manitou
7% July
Apr
24 % Mar
8%
.1
_.
J
Arrow
5,500
6'A
25
Y
Apr
...
McColl-Frontenac
Golden
6'Ac
1
Lake
Jan
52c
;-l
420
1
Gold
15c
71 Vi'c
1
Gold
25
12%
Mining & Exploration
Apr
7c
•
Oil
God's
Jan
7
24%
9'Ac
(John)
Dec
May
3'Ac
Nov
14%
1
Laguerre
May
107
1
--
20
Mar
49c
Mines.
Laxe
24
101
9
Mar
12
8'Ac
27
25
9c
14
950
14Va
Feb
10
5.40
Dec
>28'A
14,960
14
8'Ac
Feb
83
-
23%
135
18%
15'A
23
1
Glooe
Goldcrest
5.40
Oct
Jan
28%
1
Louvicourt
llVi July
17 Vi
1
23
13%
—
Manitoba
Yellowknife Gold Mines—
Giant
Gillies
Oct
'
18%
Gold
21'
102
100
116
7
Jun
25c
•
3.60 Mar
2 Va
15
Jan
Jan
74c
Jun
17 Vi
111
21
.
Dec
8c
14
1
Lapa
110 110%
*
—
common
Jan
May
105 105%
17%
105
100
Wares
2.20
Jun
25
-
*
Dec
3.50
10
Dec
9%
common
Nov
Nov
56c
•
28%
18%
Nov
60
Jan
2c
May
Mar
10c 11'Ac
Jan
13c
.
July
54c
35
28%
Mar
43%
32
22
1
Labatt
"
Feb
2.27
Feb
15%
24c
11c
7%
pref
■
Sep
56c,
36
21%
*
Jun
50c
.
Aug
15Vi
90
105
5,000
63c
115%
Golden
Lake
Feb
1.33
6%
17
16%
Exploration
5Vi eic
1.10
1.64 Mar
36'Ac 37'Ac
37c
Frobisher
5%
I8V2
26c
37c
2.30
6'Ac
A__»
Nov
9
common
Labrador
5'Ac Mar
30c
2.20
Shops.
Gold
Cos
Fraser
14c,
34c
____
class
36c
Mines
Kirkland
Jan
13 Vi May
.
Nov
15%
Co
18c
18'Ac
Co
—
Mining
Kirkland
Jan
10% Mar
2.25
1
i
Motor
12,050
Kirkland-Hudson
•.
Products common"
Foundation
35c
Kerr-Addison
July
26 Vi
Feb
4.25
Fleet Mfg
Jun
Dec
13c
com
Federal Kirkland
Feb
42c
Gold
Kenville
Jun
60,300
22c
13%
1
Players
Farmer Candy
9c
Nov
1
19% May
Falconbridge Nickel
Famous
Oct
—*
A
Mining
Quebec
Kelore
12% May
16%
1
Mines——
—I—-:——
Corp
Metals class
Mines
Kayrand
Feb
24
1
Gold
Juliet
Jan
10
20
;
4c
Consolidated
M
Joburke
23% Mar
30c
"
—
Mines
Eureka
Nov
27'Ac
1
Mines
El
13%
30c
1
Sullivan
Eldona
65c
910
•
East
Elder
Oct
17%
*
Mines._
Eddy
28c
17
*
Oil——1
J
22% May
.'Iv'/V:'1 v.
Oil
Leduc
Malartic
Eastern
16%
Sep
Feb
1
East
Jellicoe
Jan
July
23c
13%c
Nov
12c
1
Coke
&
Mines
Jacola
Jan
43c
52,500
0
Amphl
East
82c
64c
40,900
—1
Sep
Jan
15c
13
■7,500
100
Waite
Jack
Mar
0
_
•:
East
45c
120
Ltd
Duvay Gold Mines
Nov
9c
27,100
•
15%C Oct
48c
Feb
31c
57c
75c
Sep
7c
Gold
Jacknife
Jan
61c
57c
Feb
Mar
,
Jan
25c 29%c
8
Uranium
1.60
Nov
11
Coal
49c
55c
1
Jan
95c
24'Ac
50c
Petroleum
33vie Nov
July
20c
*
Jan
16c
7c
8%
International
51'A
Woollens
Sep
7c
26 Vic
A.
Dec
25 '/a
Mines
Dulama
10c
3,500
11%
7c
1.04
1
Inspiration
Nickel
29c
*
Jun
5 Vic
International
55c
*
Aug
8.50
Gold
Lake
Jan
25
common
7c
I,835
100
:
Preferred
51%
Stores
Dominion Textile
1,500
12'/a
7
International
25
B
11c
11%
115% 115%
Apr
25
_
class
10 %c
1
Jan
1
—_
Coal
&
5c
12
—100
common
Ingersoll
51%
Steel
50c
42,400
9
2,540
Jan
50
pfd—__
Foundry &
Dominion Magnesium
''
33,000
32c
"4
2,000
%C
25
-10
Fabrics
Dominion
13c
28c
lb
60c
7c
£1
29c
*
—
Dominion
Donalda
11 % c
•
Dominion Bank
Dominion
12c
2
Lid
Nov
8'Ac Dec
60c
Preference
1
Mining
29c
9,150
7 Vic
•
4%
1
1
2,500
105 Va 105 Va
19Vic Nov
8%c
—
48c
13,400
,
21c
Mar
13,900
9c
1
45c
55
Nov
Nov
~
Jun
11 %C 12 %c
Imperial Bank
10
Imperial Oil
!—
*
Imperial Tobacco of Canada ordinary.5
55
14,100
1
5c
May
Nov
500
Jan
15c
Mar
7'Ac
Sep
Jun
12c
2%c Oct
5%c
Erie
35c
13'A
1
—
1.00
Mar
10c
41c
Seagrams
Dome ' Mines
7c
28c
Yellowknife
Diversified
10,000
8%
1
Red
Discovery
34,250
36c
Lake
Dickenson
80c
11c 12%c
8%
Red Lake
Distillers
55C
lie
26 %c
Mines
5c
62c
4,000
7'Ac
*
0
5
—
International
75c
45c
1.20
6,500
5,702
5c
19c
51
11c
1
10c
75c
5 %c
54
&
July
% Mar
72c
8'Ac
33c
Oct
42
50 Va
36c
9
Feb
9% May
K
•
______
1
International
11c
*
'
•
.
5.00
5%c July
4%c
1
Mines
May
*
B
Ltd
2,600
1
\
Nov
Mar
*
Davis Leather class
12c
26,700
9c
Dec
5 Vic
1
90c
50 %
1
22
Nov
6% Mar
160
18
8%c
18
1
55
1
-*
3.00
'
50
ll%c ll%c
II %c
2
Jan
100
Mines
200
*
•
5c
35c
Nov
26c
Patricia
8%
54
22c
10c
48c
Nest
4.70
8%
Sep
6c
3c
3'Ac Sep
13/»c Apr
33 '/ic
Indian
32
1
Aircraft
4.50
30%
8'A Apr
v
i
Nov
Jan
1
Cub
6,000
•'
Nov
1.60
25
Crestauruip Mines
Crowshore
2,000
2%c
Feb
154
Mar
70c
Croinor
Crow's
10
4'Ac
2%c
1
Malartic
Hugh
Inglis
Pershing
10'A
4 Vic
2%c
Jan
10 %
Oct
145
120
1.43
18 %C
0
152
1.33
152"
1.36
•
9IV2 Mar
8
100
8 y8
30%
100
10-%
13 % Mar
Bay Mining & Smelting——•
Hudson
Nov
52c
8 %
10%
1
Mines
Howey Gold
Jun
131%
3.20 May
37o.
Apr
.-•17% May,-.'
920
Sep
%C
118
5
Jun
1,000
15c
Dec
Nqv-
—
Gold
Hosco
Jan
37c
—0
—
61c
4T>c
Yl7c
Yellowknife
Homer
Jan
•110
2,600
'A 223
72c
Mascot
Huron
1.05
10 W
60c
16%
8V2C
Hollinger Consoi
Dec
6%
*
Jun;,
'22c
—
:
Mar
85c
1.15
55 c
—
<
f
Jun
;-";^^44Va May-
Mar
16%
Mines.
Highridge Mining
Highwood Sarcee
5c
63c
10
Gas
Mining
Aug
C.
60c
,21c
Highland-Bell
1Jun
17
15c
15c
1
.
Imperial Mills
Cournor
26
Gold
Gold
500
56c
61c
Oil
Exploration
Cosmos
Heva
17,000
24c
1
Consoliaated Mining & Smelting
Consolidated Press class A
Conwest
Feb
Feo
8,950
Gold
Hedley
22c
10
2
Cadillac
Consolidated
1.72 July
23%
75c
High
21c
1
Gold
6'Ac
1.00
24 Vac
._1
*
Consolidated
Dec
Jan
2.45
10
1,405
Heath
6
6
_.
—
Bakeries
Consolidated
Nov
39c
70c
"
>-Y 20%
55c
Gold
Harricana
6c
6c
Petroleum
Consolidated Astoria
6c
Dec.
16%'
Headway Red Lake
22c
1
National
Consolidated
.
Aug
Dec
38-
*
1
Gold
liasaga
Dec
13Vac Aug
100
14'A
1.75
2c
14,775
25'A
14
14
Oct
15
365
"
*
1
Mines
Rock
Hard
3.00 Mar
79c
881
40%
70c
common(—-—
Swayze
Harker
Jun
15%
39%
-Is
Alabasttne—_—■
Harding Carpets
12Vic Nov
Mar
4c
2.20
&
Hamilton Bridge
85c
'
Yellowknife
Commonwealth
2.40
2.20
2.31
25
CocKshutt
13c
Brass
Hallnor
Oct
Chemical Research
50c
16c
Lime
HUlcrow
1.40 Jan
1.05 Mar
15%
year 1948
—-1
Minesi—•-1
Gold-
Hahn
Feb
1
9c
16c
Centremaque Gold
Mines—
)
1
40 Vi
Halliwell Gold —•——__t—_±——__ 1
Jan
Porcupine
17c
33c
Central
Gold
Low
-
Nov
8%
100
1
Lead
Gunnar
Gypsum
2,400
•
Castle-Trethcwey
Jun
9%
1.40'
_1
—
Gulf
Jun
19
1.45
9%
—-
.
Jun
21%
Nov.
18
100
'
Range for
15%
'
__———
Jun
10.
99% Mai*
•12% Mar
Lakes Paper common
Shares
High
Low
•
A preferred
*
Guayana Mines'.!—_——wi——-1
Jan
15 ;
150
Nov
10
.■fr.V;
100
16
,16%
140
100
3,330
100
_
.
Mar
Great
Sale*
for Week
of Prices
Price
Par
Feb
88c
Nov
LI;
240
148
148
100
preferred
5% preferred
.100
Canadian Pacific Railway!—.«——25
High
60c
6,275
J.
12 %
common—
1048
Low
Sale
STOCKS—
,
Range for year
High
73c
75c
"
Malartic
,
Last
Shares
of Prices
Low
Par
Week'a
Range
Friday
M
Monday,. January 24', 1949
MARKETS
LISTED
CANADIAN
.v
CHRONICLE
COMMERCIAL & FINANCIAL
THE
45c
14,900
Ooldvue
1
Goodfish
Mining
Goodyear
Tire common
Preferred
10c
1
Mines
3%c
!—■0
50
—
S3
52 3
4
Gordon
Bousquet
2c
Aug
25Vic Jan
3%c
3%c
1,000
98
103
50
100
Dec
120
Nov
Mentor
52%
53
115
49
Feb
53
Dec
Mercury
70
18
Sep
Jan
Midland
———1
10c
Sep
17%c
Oct
Milton
—*
16c
2,000
13'Ac
Sep
18c
Dec
Mining
'
8c
9,000
l%c
Oct
10'Ac
15c
18c
7,520
8c
Jun
29c
Jan
11c
11c
12c
0,500
7c
Oct
18c
Jan
100
35c
Mar
23
&
Pacific
>~
7'A
775
6'Ac
26,700
5%c Mar
11c
17'A
60
14% Mar
17%
1.50
1.55
700
11'Ac
12c
2,790
1.50
Grain—
A
:___
•
Corp
75c
7%
6'Ac
17%
0
Mills new common-—
Brick
Sep
7'A
6'Ac
M
Explor
Mid-Continent Oil
/
4,950
—
7'Ac
4Vic Mar
22
—
Gold
7'Ac
16 'A c
■>>
Gold
McWatters
8,700
12c
Mackay class B
Grandoro Mines
Sep
11c
■.
Graham
8 Vic
10c
1
1
Mines
Goldora
1.55
1.50
1.15
Aug
6.10 Mar
3
11%
Jan
Dec
Jan
Oct
.
,
THE
Number 4771
Volume 169
COMMERCIAL
&
CANADIAN
RANGE FOR
FINANCIAL
LISTED
WEEK
ENDED
CHRONICLE
Week's
>1
Last
Price
Oils
Modern
^
Containers
Monarch Knitting
class
Low
l
A
___
*
Porcupine
Montreal Locomotive
Friday
high
7,
46c
16%
35
14
*
22 %
14
53c
14,850
22%
23 %
67c
Dec
13
Dec
19%
Mar
16%
70
48c
50c
22c
Jan
15%
Oct
28c
>
4,010
Mar
54c
14
May
Jan
21
Sales
Range
for Week
Sale Price
STOCKS-
High
Low'
.
1,400
16%
l
Range for year 1948
Week's
Last
Shares
42c
42c
*
common
Moneta
for Week
of Prices
Par
Model
Sales
Range
Friday
Sale
of Prices
Par
Sigma Mines (Quebec)
Silanco Mining
Miller
7.75
7.50
Silverwood
Mines
Dairies
Moore
Corp
*
common
Preferred
72%
72%.
73%
230
26%
25
__c.
26%
380
1
Mylamaque Mines
11c
______1
9%c
9 % c
12c
10c
76
5,000
3,500
7c
Nov
Feb
37c
Oct
8.50
Feb
46c
54c
108,900
30c
Sep
70c
Feb
36c
36c
40c
41,700
20c
July
48c
class A
Jan
9%
Dec
12%
Jan
105
7
Dec
11%
Feb
10
94
"■, Dec
•
-
9%
Mar
Drug-
5
common
8
7%
25
255
10% Mar
15%
Dec
13
165
13% May
16
Jan
Slaaen
20
Preferred
28
28
40
27%
30
Jun
Slater
Dec
Apr
Siscoe
class
A
0
15 y8
15%
16
125
•10
Apr
17
Nov
*
15%
15%
15%
384
10
Apr
17
41c
41c
44c
6,700
58c
Nov
*
22%
22%
22%
__________10
28 %
28
28 %
-
Petroleum
National
Steel
National
25c
Car
;
Trust
__
Mar
18c
330
.
24
26% May
18% Mar
-85
30
Feb
Calumet
New
Marlon
V 2.99
2.26
2.25
2.35
3,450
1.91 Mar
7c
Jason
New
(N)
New
4 %c
7c
25,500
2%c Mar
Mines.
Brazeau
Standard
Chemical
2.17
2.25
15,207
75c
2.54
Feb
,J
Paving
North
of
32.500
5%C
6c
8,000
3c
281,150
12c
Jun
7c
Sep
Dec
33c
Apr
Steeloy Mining
Steep Rock Iron
46c
Jan
Sturgeon
11,874
lO'Ac 16 %c
12 %c
11c 13 %c
8%c
7%c
25C
July
1,100
16c
Dec
23c
Dec
7c
6%c
7c
8,700
4c
Mar
10c
Nov
79c
63,650
4c
Mar
Nov
Surf
1.15
1.10
1.15
57%
57
14c
1,000
58
4c
2,672
j1
1.02
43
1.32
1.50 May
Dec
•58
Mar
Nov
14,500
4c
10c
Nov
24c
Jan
500
14c 14 %c
.
♦
3.45
1
11c
8c
8c
33c
30c
1
3.35
2c
July
7c
Dec
common
21,075
1.50 Mar
41,300
4c
45,500
4c
July
18,000
38c
Aug
55c
Jan
2,200
14c
Apr
48c
2c
Aug
5%c Nov
33c
%C
4
8
%
8%
5,842
_______5
5
%
5%
300
•
'
1.80
•,
1.71
1.45
1.45
8,610
1,400
92C
/ 10c
1
1
(Eastern)
Petroleum
1
«
Tubes.
Jan
,
24c
16c
Jan
2
Julv
5c
Sep
7%c Jan
Mar
6%C
1.50
100
1
Feb
6
400
3%
Oct
10%
Jan
17c
71,700
Mar
ll%c
Sep
16.000
Cadillac
1
3
Mines
Paymaster
Cons
Jan
37,800
50c
Mar
18c
42,500
lie
Dec
70c
500
4c
Apr
11c
28,330
80c
Apr
3.65
15c
8c
8c
2.85
2.85
2.98
37
1.15
98c
90c
15c
1.10
Mines.
1.10
Taku
975
38
28
39%
Feb
86C
Dec
1.17
4,159
•
Jan
1.55
Gold
1
Mines.
1
—"
6.100
4c
Aug
7%c
16c
Dec
40c
Dec
6%c
3,000
4C
Aug
8c
Mar
4,870
31c
Dec
46c
Jan
1
Dec.
20c
82c
Feb
12c
114,000
8c
85c
4,600
64c
15c
15c
1,000
13c
Jun
20c
48,166
Aug
20c
Dec
11c 12 %c
'
2.12
2.11
4,745
1.80 Aug
2.30
Texas
Corp
700
2.30 Aug
3.50
Feb
6%C
23,500
4c
Dec
3,100
34C
Nov
37
Feb
25c
Jan
41c
41%
41%
41%
755
90c
88c
93c
3,200
71c
Jan
74c
84c
86c
1,900
50c
Aug
74c
Dec
1
Dome
Purdy
Mica
Purity
Flour
Quebec
Labrador
1
■
Mines
Quemont
Reeves
50
2.145
1.50
1.50
1.59
5,157
7%C
7 %c
3,009
9
9
10
1
66c
60c
66c
97C
96c
98c
50c
16%
*
_
1 '
_
1
__
Mines
—
-
Manufacturing
1
_
-73c
....
...
10%
56c
Jan
1.25
17% May
Cotton
(Little)
—
_
_
70
17% May
Oils
__
-
_
2.10
5c
Oct
8%c Mar
9%
Jan
Mar
52c
Mar
57C
5.050
33c
Nov
16%
16%
4.598
10% Mar
3.20
3.05
3.20
1,400
7c
7c
8c
25,000
2.30
2.40
300
7 %C
7 %c
1,000
40%
40%
50
•-
—
__
11%
9%
Jan
Torbrit
__
__
.....
1
a
—
_
_
—
Royal Bank
Roybar
.10
«
Oil
Chibougamau
Rupununi
Lawrence
2nd
San
}):
1.02
4c
90c
1.05
Feb
3.35
Apr
9c
Preferred
1.99
Dec
5c
Sep
13c
Dec
46
40
3.00
25
11
Oct
13
15%
40
14
Apr
Apr
13 %c 15 %c
Dec
7c
500
1.70
13,500
18c
18c
1,000
9c
9 Vac
<vl
:
t
[
,
i (
;
3,000
3c
8.757
99c
6%c
Dec
1.35
1.52
11,090
1.05
34c
1,000
1.35
27
28
10
25
2.95
7,575
/
0
_
..
_
■
19c
61c
Jan
29%
Jan
Aug
5%
Dec
10%
Dec
:
3.50
Jan
J1
1.35
July
1.45 May
' f
20
25
18%
Jun
69c
8,225
12c
14,500
1.23
90,225
{
Jan
Nov
20
62c
.,]
9%
Dec
9 %C
|
i
,
2.30
7%C
10c
)
Sep
4 Va
31,850
66 %C
51
; i
1.65
150
Jan
if
L1%C
20
Nov
Jan
10c
1
_
2.05
1.99
1.65
lie
________
15C
;
Jan
25c
100
10
2.85
*
"(|
23% Mar
85
4%
2.75
—
1
t
Sep
*
4%
10
Jan
Nov
34c
Apr
2.40
Mar
9,000
|
21c
Oct
1.80
9%c
•
12c
Dec
9%c
_
—
Oct
1.70
28
_
4c
1.44 Nov
12c
9%C
1.70
5
_
7c
1.63
1.65
1
Mines
Mines
class
Iron
Mining
12
12
25
67c
70c
18,100
•
United
49C
Feb
'
j
23
Dec
1
\
46c
Nov
80c
Oct
12 Vac
|
Jun
5%C
Jan
United
Fuel
class
class
United
Keno
United
B
Oils
12.
1.03
j
Oct
:
Jun
I
•
Nov
8%
9%
2,188
14c
5,253
12c
24
375
16
Feb
25
Jun
17
17
145
13% Mar
18
Oct
2.60
2.70
19,800
1.15 Mar
;; 2.50
/
Dec
22
Nov
■
2.65
•
;
7'A Aug
8c
l£c
6.000
7 Vac July
7%
880
5 V8 Mar
1.65
1.73
G.25
6.00
6.25
7c
Mines
16c
7
1.65
_
7%c
3c
4%c
7.000
11 %c 13 %c
40,430
Jan
10
Aug
7%
•
Steel
Canada
Jan
12 %c
«
Hill
1.08
July
Mar
9
25
preferred
10 VB
22
a
B_
79C
35c
13 %c
1
__
Corp
United
97c
12
67c
*
Gas
Union
1
A
Resources
Ventures
Ltd
•
Vicour Mines
Waite
1
Gold
_
1
_
_
3%c
*
_
Amulet
13 %C
__
Walker
(Hiram)
Waterous
17c
5,033
1.27
Nov
2.35
4.838
5.15 Mar
7.20
•' ?
{
.
Dec
8% May
-
5.000
A
Jan
,v
Feb
5c
Dec
13c
Mar
2c
Oct
/
5c
Nov
4.60
Jan
9.85
(G
&
*
A.—
W')
27%
27%
10%
10%
11
200
10c
13c
7,500
36%
36%
25
23 %
23 "a
170
34%
35
65
23
23
320
27%
2,348
24
Mar
>
Oct
31% May
'
Ltd
common
_
Wekusko Consol
__
Western
Grocers
-1
-
Products
0
•
....
(George)
Preferred
10%
Apr
8c
Nov
26%
Feb
38 '/a
Nov
19
Dec
25
Jan
30%
Dec
36 % May
22
Feb
28
13
Nov
19 %c Mar
Winchester
100
__
_
99%
30
31c
4,333,900
5c
Mar
9%c
1,500
6c
May
10c
Apr
7%c
7 Vac
9c
12,300
5c
Aug
lie
Mar
32 %
31%
32%
1,541
98%
28 %
_
_____
Preferred
99% 100'A
25 V2c
*
__
27 %c
1
_
_
__
.100
__
Gold
_
___
___
-
20%
101%
•/'
Feb
Jan
12c
Apr
Feb
35%
V
Dec
|
98 Va
40
95
Apr
6c
1.000
3%C
Dec
8c
Jan
*
2.30
—
,
97%
6c
2.36
1,463
2.00
Nov
2.90
Jan
,!
1
1
•
Wright-Hargreaves
y
Jun
8'AC
_
Larder
Wingait Gold
23
1
_
_
<■
common-
Wiltsey-Coghlan
Winora
23 %
_
*
Class A
Weston
*.
common
Mines
Yellowknife
100
Nov
■
Yankee
York
Knitting
Class
B
1
_
Mines
19c
-1
class
1.000
15c
Dec
40C
Feb
)
4,300
55c
Aug
81c
May
.1
6c
3,500
3c
Oct
10c
Nov
|
7
50
5%
Aug
8%
Jan
3
•
_
79c
3
40
2%
Nov
4 %
Jan
74c
*
Girl
20c
74c
5 %c
7
_
Bear
Ymir
_
A
'
__
Toronto Stock
Andian
National
Asbestos
_
_'
18c.
Nov
Apr
17c
May
46c
13,900
23c
Aug
54c
25%
1,915
25%
Dec
23%
28%
11,637
16 ;
Feb
27%
Oct
Canadian
16 %c
19c
26,500
5c
Sep
18 %c
Dec
Canadian
Industries
5c
Mar
23c
30
6
Apr
10
Jan
26
205
25
Sep
3U
May
13
13
100
19
Jan
19
3%
Marconi
Vickers
-
%
42 %C
25'A
Co
brown
common.
—
1
4
1,328
102 102 Va
4
80
1,110
3%
Jan
Feb
6'/8
Jan
Mar
115%
Jun
23
Oct
14
July
"
23% Mar
Feb
19% Nov
1st preferred—99
86
85%
86
50
80
Aug
85
Nov
41%
41%
41%
160
42
Dec
48
Preferred
Canada
___1
3.90
3.85
4.10
6,475
1
5c
5c
"5c
3,000
3c
Dec
12c
Jan
10c
9%c
10c
6,000
6c
Oct
17c
18'A
18'A
25
Jun
15%
Jun
Dec
•
22%
__
Vinegars
preferred
22%
13'A
13%
105
105
10
22
22
120
19% Mar
1.85
1.90
205
1.50 Nov
100
_
common
22
13%
and Dominion Sugar
Bronze
80
„
3
•
..
V
—
25
15%
10
Apr
Mar
.
4
—
24%
Jan
Jan
18 %
102%
Sep
J
______
Ltd
Mines
—
___
—
8c
$
."
common
-
1
Ltd
&
Power
com
*
100
_
_
BOO
16 %
25
41c 44 %C
65,200
16 %
W ~
42C
.
23%
24
3.00 Aug
4.35
Feb
Canadian
1
—20
preferred
Consolidated
•
common
see
page
—
17%
—
42.
1
15 %
Nov
Dominion
Glass
Feb
Donnacona
44% Mar
49
47
10
18c
600
12'A
275
9c
10
1.58
1,150
2.45
14,622
20'A
20%
450
20
17
17%
245
16%
16%
650
98c
July
Feb
Mar
20c
Julv
Feb
3
_
3
_____
Minnesota
3
Ontario
&
common—
1.82
Nov
Apr
Pend
Dec
Southmount
11% Mar
17%
Nov
11% Mar
17 %
Nov
Temiskaming Mining
Yukon Consol
Oct
3
Paper
Niagara Wire Weaving
3.20
20%
1.43 Mar
"1
Oreille
3%
3%
3%
1,750
18
17%
18
1,843
14% Mar
39c
45C
4,934
33 Vac Mar
33
33%
605
34%
150
33
Jun
35% July
20
20
50
20
Oct
23 %
Jan
3.10
3.65
10.850
* rH 0
Jan
31%
39c
V"
CO CO
2.60
Feb
Jun
4% May
21% May
.
60c
925
20
Feb
57
1,535
46
Mar
21 Va
21%
21%
225
20
Feb
28
24
Aug
__
34
70%
Apr
Jun
May
24
Aug
Feb
6.50
Nov
37c
Jan
45c
Nov
2,000
6c
Nov
8c
Jan
800
35c
Dec
1.0C
Feb
21
23
.225
5.55
41c
Nov
33% May
55
5.75
3.125
41c
41c
220
7 Va C
1
27
Feb
28
3
3
3%
30
—
_
20 Va
126
55%
1
Investment
1
Oct
20
_
Oil
11% July
Dec
192
455
141
*
_
79
Oct
78 Va
3
Paper
\
Apr
77
—
preferred
International
July
135
:
*
_
3
34%
—2
Lumber
_
Paper
Hayes Steel
1.85
•
3
67 %c
Foothills
1
100
Paper
Bridge
Oct
_
common-
Western
Dominion
24%
2.10
2.38
—
14
36 %c
_
_
Nov
20 % May
12
.12%
14
_
Preferred
Oil
550
47
1.53
Gordon
24
18c
47
1
footnotes,
7%
26
3
__
High
Jan
Canadian
1948
year
Low
Nov
25
Range for
7%
3
Oct
Shares
High
7 V2
__
__
for Week
of Prices
Low
3
Corp
Sales
Range
Sale Price
Par
9c
V
13
_
Water
Week's
Last
STOCKS—
3%c
46c
28
Funds
Friday
3,500
14c
16 %C
Exchange-Curb Section
Canadian
29,200
12c
890
Voting trust certificates
For
83
*
Union
16% May
45,500
*
Breweries
Mar'
May
11%
14c
Sheep Creek Gold
Slck's
72
*
_
Jan
10c
Shea's Wpg Brewery class A
Shirriff's
Sep
100
Jan
18%
Shawkey Mines
Sherritt
94c
86
Jan
8c
_
Bridge
Shawinigan
Dec
84
85
Nov
1
Gold
Rouyn
52c
s
Oct
Oil
Dalhousie
Senator
.8% May
21% May
■
Jan
18%
—
Gold
Scythes & Co
17Va Mar
Nov
_
Nov
18%
Sannorm Mines
Sarnia
Feb
Jan
Dec
16%
15%
13 %c
1
preferred
River
4%
'
Va May
Feb
86c
•
common
Paper
Antonio
Sand
1
-
_
_
Mines
Russell Industries
St
8,000
8
•97
Oct
15
_
Transcontinental
Canada
Royalite
180
63c 68 %c
I
1,770
21
63c
1
common
Gold
Silver
Toronto
Jan
11%
—
1
__
Co
8
21
5% Mar
80
..
Oct
Jan
82
Mines
Canadian
Roxana
7%
68c
Feb
Gold
Gold
Yellorex
Nov
55c
0
class A
Lac_
Gold
8
21
1
British American Banknote
Long
15
Dec
Feb
Apr
Feb
6,450
«
common-
a
Robinson
Rochette
1,455
44c
1.62
Dec
47% Nov
Feb
67.200
1
Robinson
Roche
6%
82'/2
1.18 Mar
'
Macdonald
Robertson
51
12%
11%
9
Gold
Gold
52%
50%
12%
___1
Regcourt Gold
Reno
11
16%
10
common
__
Mining
Renabie
1,160
16%
..1
.
Mills
Quebec Manitou
Queenston
16 %
_,—____„10o
_
Metals
East
6%
.82%
6%
1
Canadian
Toourn
Jan
86c
•
Preston
7,499
50c
1
Winnipeg Electric common
Premier Trust
51c
50c
♦
Tip Top Tailors
Jan
3.45
5 %c
5%c
2.20
3.25
1
certificates
Pressed
-4,200
13%
Tnompson-Lundmark Gold Mines.
Feb
4c
11 %c
1
Rouyn Gold
Power
1.40
Feb
Nov
10c
41c
•
trust
Dec
1.38
67
Mines
Westeel
78c
1
Voting
21c
18 %c
Jan
14,100
37c 40 %c
1
Porcupine Peninsular
Powell
Jan
Dec
7,500
-
125
Mines
Gold
Tcch-Hughes
Jan
6c
16c
6c
3
Gold
Jan
48%
22c
50c
River
Upper
85c
Crow
39c
Jim
Feb
%C
12
37c
Gold
Pioneer
Ncv
45
450
Gold
Tamblyn Ltd
Taylor Pearson
Nov
5%c
6c
12 %C
1
Piccadilly Porcupine
Pickle
Mar
20c
100
c
1.40
25
Cons
Sylvanite
Feb
12c
Perron
34c
3,200
82
Inlet
Villbona
•
Paramaque
21 %
Apr
9,450
%c
30c 30
13%
Sudbury Contact
Feb
Aug
90c
38
18 %c
6c
8%c
%
5c
6,500
c
7
•
-1
Pacific
Pandora
55c
44c
49%
39c
491/2
Jan
'1.84 May
July
13c
7%c
Pacific
2.20
Mar
3c
5%
16c
1
Hershey
40c
1
Jan
82
Tombill Gold
1.40 Mar
1,212
Oct
6c
6
Mines.
6
Jan
1.45
3
Mines
10c
Apr
7.500
5%c
m
1
%
1.55
5%c
—
6C
.
Orange Crush
1.85
5
13%c Dec
Jun
14c 15 %c
,
1
Lake
101%
131/2
Aug
4c
9%c
•
Gold
Osulake
•
•
common
3.15 Nov
3.45
10c 12 %c
1
Exploration
Mar
"
______^
Canada
River
Sullivan
74c
Gold
Omnitrans
96
4
Nov
Jan
Co
77c
Mines
Oil
651
I
Preferred
Jan
7c
28c
Aug
9%c
23,550
31c
Nov
15c
6,583
9%c
23C
•
3
Page
Bros
11c
___i
Mines
Mines
Oils
Osisko
Nov
Stedman
Gold
5%c Z
1
Okalta
Olsen
62c
.1
Mining
Star
99
*
Preferred
Inca
Omega
65c
Starratt
22c
1
Preferred
,
31 %c
Dec
19c
*
Malartic
Northland
North
Mar
5
Mines
Gold
98%
*
common
;
61c
1
Mines
Norseman
98%
100
Preferred
1
Nipissing Mines
Norpick
Jun
•
common
Preferred
_•
Mines
Normetal
Jun
26
•
Mines
1
Thurbois
Noranda
31
Mar
1
Stadacona
1
Yellowknife
Norgold
Mar
18
•
22c
•
Norbenite
24
531
50
Springer Sturgeon
62c
Gold
Nicholson
470
26
*
1
Gold
Norzone
New
30
25 Va
;i
',j
99% May
8%c Dec
)
.1
Nib
;
preferred
Steel
Newnorth
29%
25%
1
Malartic
Oil
Nov
2.25
Bidlamaque
New
29%
100
,
Gold
Standard
*
New
94
Nov
__
B
National
7%
94
*
•
Co
South
Hosiery
100
Dec
8
11
12%
7%
480
'
,1
10%
10'
5
common
pfd
A
Ciass B
*
Preferred
Class
Dairies
Preferred
National Grocers
National
Western
Simpson's Ltd class
•
National
9%
9%
7%
Silverwood
High
6.50 July
54c
Jun
13c
Mar
8c
Apr
27
Feb
65
25
•;
year 1048
Lota
500
.__1
_
Class B
Moshfer Long Lac_
Range for
High
7.95
—1
___.
Silver
Low
—1
Shares
May
Nov
41
MARKETS
JANUARY
k *
STOCKS-
(413)
7%c
79c
79c
2.25
1
'
COMMERCIAL
THE
42' (414)
&
Monday, January 24, 1949
FINANCIAL: CHRONICLE
OVER-TtfE-COUWEK SECURITIES
Qfctotatfottis for
Friday
January 21'
-
Obligations Of Government Agencies
Investing Companies
Figures after decimal' point represent one or more 3£nds of a* point"
Ask
1
4.72
5.19
iV4
3.74
4.09
Securities
Aeronautical
Fund
Affiliated
Bid
fa*"
Mutual Funds—
Inc
Bond Inv Tr
Fund
Boston
4.06
9%
General
7.10
7.68
Home
14.41
15.66
Petroleum
Inc
Corp
Bowling Green Fund
Broad Street Invest
92.49
20.59
7.79
7.80
15:16
16,39
r
,
Delaware
National
3.99
13.74
15.02
1.38
1.52
1
13.18
Howard—
Fund
Baton 6c
12.96
1
8.05
8.70
Fund
Stock
—
Equity Fund Inc—
Fidelity Fund Inc-———-'
Industrial Fund
Financial
3.73
1
6.71
7.33
-
Series
1
6.33
6.92
1.
6.65
23:15
Ino_l
5.15
13.34
5.80
1
5.89
1
1
43.98
Trust— —1
4.85
5.20
Corp
3.31
14.12
5.82
shares
—1
5.90
Utility
Howe
6.25
—1
9.77
—1
7.85
Aviation
Bank
10.32
11.31
bond series—,—1
Industry
-1
10.71
11.36
11.13
12.20
10.35
11.34
preferred stock
1
10.03
10.99
equipment
1
7.96
8.72
9.55
1
9.10...
Metals
1
8.61
1
16.17
lc
lc
Coast Invest Fund
1
lu.a4
9.89
Public
Utility
1
5.77
8.18
Railroad
1
b;24
6.22
b.37
7.62
7.93
5.46
5.93
1
9.99
7.51
8.15
2.48
2.71
Petroleum &; Trading—5
3.79
4.12
Putnam\(Geo)
4.53
4.92
Republic
Tobacco
4.20
4.57
4.85
5.27
1.61
15.45
2.71
1
25.72
27.66
2%
Shares
19 J/4
Investment Corp.-
Street
Fund
Television
1
Inc
Trusteed Industry snare»
7.53
13.38
Union Preferred Stock Fund
X
1
7.05
Shares..1
9.23
27.08
28.33
23:51s
25.72
Income- Fund
United
18.68
9-
1-49
bi.cs
1.45%
1.60%
3-49
10-
3-49
bi.55
4.45%
1.55%
2-
1-49
11-
1-49
bi.55
1.45%
12-
1.50 re-
Bid
27,
1949
March
1.00%
March 24,
bl.15
1.04%
March
bl.15
1.06%
1949
bl.16
1.08%
1949
bl.16
1.09%
April
bl.16
10,
Feb.
17,
1949
iy49
24,
3.
1949
New York
Bank- of the
Bankers Trust
9.62
:
Chase National Bank:
__15
16.65
18.17
Chemical Bank
15.45
16.61
15.78 '
17.22
Wisconsin
.1
3.33
3.61
14.8.7
12.34
4.47"
4.88
Inc—_
Col
9.43"
5.14
Fund—J*
Fund—10
91'19/
93.05
Series
44.22
45:12
Series
Insurance
Par
Aetna
Casualty &
Aetna
Insurance
Surety—-101
—10
10
Life
/'
7.70
2.19
2.50
—1*
1955
*.:
1
Home-——
-
..
Insur Co of North America
56
58*
Jersey Insurance of N Y
67;,
10
Par
—10L
Alliance
American
Automobile
American
Casualty,.
American
Equitable
4
23'
20
$2.10 Prior preferred^
24%
$1.03> Convertible
45%**
—8
12 %
13%
Massachusetts
Assur..—9
21%
23%
Merchant
& Casualty_5
13%
Irving
Re-Insurance
Surety—-
19%
National
28%
30%
National
61'A'
36 %
63%
Causalty
Boston"—
-
25
—10
New
Fire
Life
Connecticut
General
Casualty
3
.10
10
10
30%
104%
40
44
15%
Inc
62%
64%
York
New
20
84
51%
36 %
2i%
.88.
30-
30
-.
4
(Detroit)—10
8
Casualty
38%
Rutgers
2nd
preferred
Great
^
30%
62%
Providence-Washington
C03 r
«■
45%
Pap
Oil
$1.20 conv
<fe
Bid
Refining
Ask
,«±
greferred* —L-i—23
Power
&
Light—
;
.*
-
24
;
5.40%
k__
Du
.*
Louisiana Pow
1967
Lt' 8%
A
1978
96
.preferred
Power
101:
102
;
New
104
1978
102%
103%
1978
Y
Potomac
Edison
3'As
1977
^
;.
preferred
"
1
Public
Elec
Serv
Gas
&
3s_1963
;
3
1978
100%
-
;
.
81,.!
•89
.
v
^100
106
Gas & El 5 'A %
pfd—100
107 %
109
103y4
104%
104
105
104
104 %
101%
102
103
104
Pow
&
Lt
Potomac.Edison
Pub
-
Ser
3.50%
•
Public
Penn
Power
3s
1978
Corp
(N Y)
(Texas)
10
4.60%' pfd_100:
4.70% pfd__10Q
(Colorado)
4.40%.100
(Indiana;-^
preferred'.
;
1C3JA
104
lOZ'A"
103
Service
107%
of
New
Mexico_7
5% % ■preferred___i__i____T00
2
851;
83
14V2
101V2..
92
3%
34
•
3%
•
Wiso-Michigan
3s__11978
Power
v
5%-
36
.'
G
10
27%
77%
Tennessee Gas Transm's'n Gc— :
4JA % ' preferred
—100
■,
13
Transmission
•'
"A"
1
15
.£03
99
Eastern
Tucker Corp
102:
13%
1%
29%
12%
29%
Seaboard
50%
Security
10%
28
30
Surity
1%
80%
10
(New Haven)
Springfield Fire & Marine
Standard Accident
*•—
50%
a
lo
34
3b
10
45%
Odd
10
32%*
34%
change.
dividend.
80
35
Travelers
10
31%
33%
Fire...
10
117%
120%
Steamboiler
10
33%
35%
U
S
CJ S
100
705
Fire
new
52%
4
Fire
Guarantee
Westchester
680
2
59
10
Fidelity & Guaranty Co
sale
lot
(not included
In
year's range).
47%
Included
74
77:"
21
22%
x
Ex
in
n
year's
range),
e
Ex-interest,
Admitted to trading N. Y. Curb,
(Un) Admitted
dividend:
y
to
Ex-rights,
Unlisted
z Ex-stock
f Flat
r
bBlg yield price.
price;', k Admitted
Cash
Trading
sales
(not
privileges,
d Deferred delivery sales
•
to
included
wd When
listing
in
Ni
on
Y.
year's range)
delivered.
'
,
Stock
(not
Ex¬
t Ex-stock
wi When
issued,
dividend.
54%
62
•No
dividend
par
value,
tin
paid on May
default.
10.
tThese
"
■
l01>/2
104
West
\
101
.. .
.
100
;
f
91V
99
.
preferred
21 %
'
89%
^
State-Electric & Gas—
»
»v
102%. .'.103%
Okla
Light SVks—1977"
20%%
20
England Gas & Elec—
4 % %
N
I
96
.
.
_
pfd^lOO'
Kentucky Utilities 4%% pKUlOQP
103
3s
Pacific Pwr A
93
Laboratories
convertible preferred-
'5%
4.50%
Ohio
100
(Allen B)
Mont
Florida Pow A Lt 4%%'
1978
3s
%
//A:.
...
•
16%
Hartford
y%
573-'
Texas
Hartford
„
40%
64"—'67"
b%
100
Stocks—
Ashland
32%
42%
89
U S
Fire
%
■
2%s
38%
2
10
Phoenix
11%
33%
38%^
'
,
12
101%
101%
1973
36%
6%
Preferred Accident
48 'A
__5
'
-
Power 3s
16%
66%
27 %
15
,
86
27%
36%
8
Ameru&n
Chesapeake & Ohio RR—
New'England
50%
10
Fire com—15
102%
54
Fire
St Paul Fire & Marine
5
41%
83
—25
&- -Trust—
Trust—.
states
Black Hill
25%
10
Reinsurance
Republic
39%
'
52
Indemnity Co
Republic
Fails
Ask
101%
1979
3s—
23%
28
66
General Reinsurance Corp
Steel
Elec
Fire
84%
5
Bethlehem
Narragansett
Pacific
63
Firemen's of Newark
53
2x4
Public Service
81%
15%
Frisco
Guarantee
United
/
Ban Diego Gas & El 3s
10
of
Title
.
Bid
8%
10
Fire
12%
Sterling.National
•
Northern
10
Phila—
:33'
31:
Arkansas Pow & Lt 3y«s_. .1978
7%
Northeastern
Fire
of
87%
14%
10
City, Bank—
46
208
100
Nat'l-Bktt* *«*Tfuiit-rr%
32
53%
59%
163
Fund
54%
13% v
Cudahy Packing
River
10
20
—w
"
84'/2.
Public
Penna
Fidelity A Deposit of Md
Reinsurance
52%-
10
Trdst
Co
Inc
York "TruStLL—25
New
60
:
Co
11
83V2"
34%
63%'
Federal
-f
10
s.
P)
31
r
„ab *• 44 >L20
51
Trust
(J
National
16%
28
6
8
Fire
Hampshire
•
10
Employees Group Assoc
'
,
40%
23%
Pacific
Forster
Trust
&
108'A
22
10
Amsterdam
North
Continental
Ask
46
Fire
New
Shippers
Bid
10
Assur
National. Union
28
Lawyers
Manufacturers
■
29'
2.34
preferred-5
.
Trust—
36%
•*
18 Va
10
—10
Automobile
County
276
,-10
15%
26%
1100 x1,375
1,415
Trust
Kings
Ask
1,270
267.-
.100
Trust
Industrial" Ba'hk'of "Commerce_10
15%
2 fa
Newark
American of
I
Bonding
Fire
&• Trust/—
i
37/»S'
Merchants & Mfrs.
American'/Fidelity
Bank
Bid
.100 1,210
Bank-
National
42
38%
20
Feaeratlon Bank A Trust—.
-
Maryland Casualty common
American
1:11% '
1949-
3.41
29%
.
,T.
1.11%
bl.17,
21,
34%
Bonds—
Par
:
1.10%
bl.17
4d
•
Empire Trust
Companies
54:■;
1.10%
bl.16
Morgan
Co
Fiduciary
1956
52
28*... 64. L
Agricultural
6.73
1
Ask
Bid
80
2.80
North Amer Trust Shares—
4169'*
bl.16
31,
Guaranty
'40%
102%
90;
87
Corn(xikcnange Baua,'«AruaV^u
Share*—
E-
Series
A Trust
-Stamped
Independence Trust Shares
1
Loomif Sayies Mutual
Loomis Sayies Second*
Trust
Continental
tfypr Trvfltsr
Diversified Trustee
1949.
First
3.43
Commercial National Bank &
11.30-
1949-
1.10%
Ask
99%.
—_10
1
Unit
1.10%.
bl.16
April 7. 1949--April 14," 1949-.
26%
%
3.28
38%
100
Hanover Bank A Trust 20
Centra*
1
13.63 A
Employers
f
m
10
:
Broofcism Trust
10.03
Bid
25%
100
x
.
bl.16
17, .1949.
City Banks & Trust Cos.
Manhattan Oo-.IO
of New York
Fund
Investment
Ask
1.10%
Feb.
Feb.
Bid
0.85%
bl.14
Whitehall
Fund-
1.45%
Biii
Ask
bl,13
3, 1949
Wall Street Investing Corp.
Wellington Fund
Knickerbocker
8-
1-48
United States Treasury
17.65
(Income com
6c
1.35%
bl.50
2-49
5-
1-48
10.30
(Appreciation com Stks) _l
flanorer
bl.55
1-48
1-
9.43
S-4" (Low Priced com Stk*)_l
Globe 6c
1-49
12-
16.17
8-2
&
11-
1.60%
1
8-3
Globe
1.65%
1.35%
-1
28.47
Glens
1.35 %
bl.50
Bank
21.80
Assn
bl.50
2-49
Bonds)—1
19.98'"
Fireman's
1-49
5-
Grade Bds)
26.60
A
4-
Priced. Bonds).
(Appreciation pfd Stks>_l
8-l! (Quality common Stit»)*_l'
Crura
1-48
2-48
Par
18.96
Union Common Stock Fund
Camden
78-
21.22
13.09
1
1.40%
79c
1
Stocks)
1.40%
bl.53
1.55%
10.39
70c
1
Fund series A
Bond
Union
*uu
Investors Management Fund
_1
bl.55
1-49
Due
1.55 %
50.50
6.05
Stocks)
1-49
9-
86c
47.50
17.55
Bankers
1.65%
6:42
5.86
78C
1
K-2
Ask'
6-
7-
Dated
1.65%
1.30%
20 V2
1
10c
Inc
1
American
1.25 %
bl.50
Due
ix.OO
C
American
bl.50
1-49
March 10,
10.16
B
Aetna
1-49
3-
8.58
84c
1:10
1
Ask
2-
48.15
Series
Keystone Custodian Funds—
B-l (Investment
Bonds)
Bid
1-48
10* 1-48
Rate
Bid
1-48
Dated
March
Shareholders Trust of Boston—1
Sovereign Investors
Standard Inves Co
22.04
7.83
75c
14.37
X2.47
•
Selected Amer
1.66
»
20.39 '
15 '
Series
(income pid
.U29G
6-1-48
Jan.
i
7.48
K-l
wi——— 100.0093
5-
Feb.
26.88
(Medium
1950
1.55 %
10.35
1
Fund
Inc
Fund
4.61
4.27
'
-
Investors Fund
Russell Berg Fund Inc.
Scudder, Stevens & Clark
5.32
4.90
—_—
6.83
(Speculative
.0423
.0269
1,
Feb
100.0249
8.69
Steel
12.31
B-2
100.0033
1.55%
b.93
7.02
1
1
equipment
24.73
B-31 (Low
1950
Federal Intermediate Credit Bank Debentures
Bate
0. (4
5.73
Railroad
;
1
B-4
1,
tl'As
6.32
7.54
lc
Group
of
tl%s Jan.
11.99
1.00
lo
America
or
1949
1 (.72
Pacific
1
Co
Investment Trust
1949
9.44
oils
Boston
Investment
Bond
.0307
:
1,
9.y /
8.33
13:49
and
100.0171'
1949
1,
15,
Oct.
10.47
'
7.22
7.66
State
shares
shares
Insurance Group shares
Stock
1
stock
9.42
10c
fl
1
Machinery
Merchandising
Insurance
4.86
Ltd—
Shares
Group
tl%s July
11.95
10.90
7.68
1
Inc
Investors
Group
t
8.66
—1
supply-
6.65
lc
Income Foundation Fund
Institutional
.0153
.9918
.9904
tl%s Dec.
10.71
stock
Diversified
10.17
7.06
lc
Fund
Ask
.0073
100.0045
99.9843
99.9317
1, 1949
tlVaS June 1, 1949
9.65
Electricial
6.51
9.38
shares—lc
shares.
Plan
Bid
100.0013
,-
HVeS Apr.
tl%S
6.85
8.81
Diversified Investment Fund.l
8.00
6.00
shares
shares.
Incorporated
'
'
b.tV
—1
Diversified
5.71
4.47
lc
Industrial Machinery shares lc
Institutional bond shares—lc
Investing Company shares.lo
Low Priced shares—
lc
Merchandising shares
lc
Mining
sharks—l
lc
Petroleum
shares
——lc
Railroad Bond shares
lc
KR Equipment shares
lc
Railroad stock shares
lc
Steel shares
lot
Tobacco
i
'
Stocks Inc—
York
Building
6.32
7.38
shares—
bond
Maturity—
Certificates of Indebtedness—
f 1 % Mar. 1,
1949
.1336
15.64
Bank
6.95
5.26
lo
1C
10
Building shares
10
Chemical shares
lo
Electrical Equipment shareB lo
General
100.1101
3.62
1
Fund
England
Chemical
6.40
shares
Fully Administered
1%%
3.77
Corporate
Food
-
*
-
-
6.44
3.45
Aviation
47.29
Securities—
Agricultural shares
Aviation
-
JApril 1, 1950
5.42
Agriculture
6.68
A—2
Group
AutomoDile
Treasury Notes—
3.44
New
5.73
14.62
Fundamental Trust shares
Capital
121
Price
Ask
Bid"
4.73
4.96
New
25%
23%
10
Fund"II2
Fundamental Investors Inc
General Investors
119%
198%
Canal 3S
1.94
First Mutual Trust
General
4.33
3.15'
1
Series
Automobile
25.03
1.78
Int. Rate
Maturity—
7.27
l
Series
Low Priced Com Stock Series 1
3.89
5
Corp
Boston
First
_20c
100.5
U. S. Certificates of: Indebtedness *
Dollar
Selected Group Series
16.53
15.46
1
lOOi.7
,
100.2
Oilier lssutt
*<
.
100.4
13.91
Industrial Stock Series
25.63
23.97
1
Balanced
•
Panama
14.41
1
Speculative
100r3
100.4
12.24
Series
Income
A
•
Ask
loo.r
100:2"
7.93
11.32
Stock Series.
«c
Shares.-—
Dividend
Bid T
...
4.40
7.24f
*1
Inc
Bond
Stock
.
15, 1949.
1.65s July- 22, we;:.
1%S Sept. 15, 1949
l%s ^ari: 20, 1950[.
1—
/ !
Securities—
Priced
Low
101.14
-
Banks—
Loan
Hontts
26.94
Investors
Preferred
.
,
l%s Apr.
4.bo
—1
Fund
98.12
98.24
98.4
93.16
101,6
)
Federal
Ask
.
"99.30
99.22-.
4.15
24.92
Corp
National Security Series—
Bond
series
I
5.90
5.43
investment——1
Fund:
■—--1
Invest
Bid
.
.
3.75
3.76
1
Balanced Fund
147
112
Preferred
3.40
4.23
lOo
Mass Investors 2d Fund
Natlon-Wide
.
1950-1848
lVxe May 1, 1952-1950—
1%* Jan. lr 1953-1951—,
2Y«a Feb. 1, 1955-1953
17.98
Fund Inc
.
1%* Oct. 1,
4.06
lc
Manhattan Bond
Mutual
Commonwealth
3i67
lc
Mass Investors Trust
Ltd
J
5.15
4,15
Canadian Inv Fund Ltd
1
34.20
31.81
Century Shares Trust
1
14.05
12.99
Chemical
Fund
--1
,050
3,200
Christiana Securities com__100 j
Fund
Bullock
3.83
lc
,
shares
shares.,
Steel
96.34
19.05
4.07
xo
shares
Paper
3.28
3.69*
lc
Metals
None-Ferrous
5>
2%
16.41
of America
Inc
2:97"-
lo
Furnishings shares:
4%
3:76
3.47
—lo
sharee
3.60
3:41':
Equipment shares.lo
Industries
2%
Ask
3.26
lo
Drug sharesElectrical
1
*
--1
10c
8
Corp
Holdings
Blair
3:70
Bid
Federal Land Bank Bonds—
Business Equipment shares, lc
8%
}
Corp
Beneficial
Managed Funds—
Automobile shares
23
23%:
-10
American Business Shares——1
Associated Standard Oilstocks
Shares series A
~2
Axe-Houghton Fund Inc
1
Axe-Houghton Fund B
5
Holding Corp
Amerex
Par
Mutual Funds—
bonds
are
subject
to
all
Federal
taxes.'
UEx
$40
cash
'
Volume
Number 4771
169
COMMERCIAL
THE
&
FINANCIAL
CHRONICLE
(415)
THE COURSE OF BANK CLEARINGS
1949
1948
Inc.
$
Bank
this
clearings
Preliminary figures compiled
cities of the
will
week
by
show
based
us,
decrease
a
upon
ago.
year
a
Pennsylvania—Altoona—
there
center
is
loss
a
for
the
week
ended
for the week follows:
summary
1
;
York
New
,1-j.
$7,162,350,672
$7,165,351,653
—
—
2.7
954,000,000
960,000,000
—
0.6
'.
Boston.
Kansas
San
+
1.8
9.3
299,800,000
+
350,551,000
—
3.1
310,618,921
298,974,932
+
334,475,512
347,596,166
—
3.8
214,379,233
Total all cities, five days
i
;
„
;'
220,298,321
—2.7
$11,080,478,022
^
2,614,094,540
770,042,938
Complete and exact details for the week
in
issue
our
ends
of
next
week." We
cannot
793,374,797
covered
furnish
Saturday, and the Saturday figures
are
them
we
able
are
to
1947.
District
complete results of the
was
appear
a
in the Boston
the
We group
week
District
Reserve
Kansas
located and from this
are
Reserve'District of
2.6%
in
and
the
9.4%
and
the
furnish
we
Minneapolis
a summary
SUMMARY
V/cek Ended Jan. 15
,■
"•
>
Atlanta Reserve
loss of 6.5%, the St. Louis
a
Reserve
4th
District
—11
914,132,663
976,868,500
Cleveland———— 7
839,352.366
856,925,902
6th Atlanta
603,388,868
661,080,172
999,918,791
1,069,505,257
of
10.1%.
We
week
add
now
ended Jan.
300,754,968
322,153,108
739,749,811
795,435,246
13,807,778,849
14,671,130,938
6,996,264,809
In
7,491,412,033
15 for four years:
—
—
—
—
—
—
.
.
First Federal Reserve District—Boston—
;
$
1948
■
Y.1H
•hk $
.
,
Y,«
2,271,317
Fall River—1
1
Lowell
4,873,188
460,648,578
—
789,349,595
,
801,837,993
472,233,935
396,608,330
8.7
573,392,560
957,604,338
9.4
468,192,173
370,536,300
350,396,004
-64,602,507
41,643,529
—
7.0
—
2.8
196,900,000
3,934,675
3,278,952
76,900,646
151,600,000
2,647,031
4.7
5.0
—
1.3
7,836,074
—
9.0
—
0.4
Mobile
-7,129,859
Mississippi—Vicksburg
Louisiana—New
16,248,868
v
1,924,968
57,099,473
91,749,596
6,422,492
58,750,714
4,236,297
524,432
127,851,066
—13.3
391,593
116,056,989
86,953,665
603,388,868
Total (10 cities).
526,340
110,809,133
Orleans
661,080,172
—
8.7
Seventh Federal Reserve
578,392,560
421,422,624
-
318,079
District—Chicago—
Michigan—Ann Arbor
I,383,142
12,499,416.
5,830,224
Indiana—Fort Wayne
1,359,681
11,891,109
Grand Rapids
Lansing
7,631,367
+ 11.7
+
1.7
I,559,147
820,443
—
4.9
10,848,189
8,251,276
—23.6
6,178,112
4,634,398
7,307,580
Terre Haute
5,523,950
4,195,895
55,209,000
+
4.8
6,594,425
South Bend
6,543,691
57,840,000
--
Indianapolis
+
6.4
51,388,000
4,916,833
40,483,000
6,197,134
t
i
+
6.4
60,591,277
49,524,889
—
2.8
3,513,603
2,968,674
t3,201,047
Iowa—Cedar Rapids
*
65,608,906
Wisconsin—Milwaukee
61,673,446
A
3,575,763
3,997,934
4,113,086
29,922,880
37,274,020
—19.7
——II—-—
27,461,722
15,719,513
.-14,485,154
1,073,794
17,881,716
1,703,447
—12.1
Illinois—Bloomington.———I._A-_.
—37.0
1,017,305
768,317,649
821,936
830,236,710
7.5
747,096,937
3,186,617
631,363,239
4,123,839
—22.7
3,428,752
II,756,706
2,221,093
13,777,299
—14.7
Des Moines—
Sioux City
Chicago
:
5,502,126
5,081,922
3,986,186
4,199,483
999,918,791
:
1,069,505,257
—
21,267,721
••
'
-8,301,335
8.3
II,558,466
4,637,966
7,529,392
+
—
5.1
3,398,925
2,297,425
6.5
957,604,338
791,372,327
—13.0
244,300,000
214.700,000
9.9
129,459,786
88,836,064
1.9
9;s,bl0,3o6
bo,802,06^
—12.9
1,922,031
1,198,174
9.4
468,192,173
370,536,300
—
3,115,848
Eighth Federal Reserve District—St. Louis—
Missouri—St.
Louis
2,311,978
258,700,000
Total (4 cities)
364,323,581
Federal
Reserve
6.6
246,468,550
163,076,492
7.0
678,520,146
580,656,406
5.9
13,685,754,105
6.6
6,772,677,590
%
s
1,990,422
13,439,994,068
91,671,158
7,946,660
South Dakota—Aberdeen.
8,188,229
3,353,008
3,869,082
Montana—Billings
3,711,959
9,385,545
3,987,022
10,911,552
395,328,700
439,807,026
272,995,553
———.
St.Paul—.—
North
Dakota—Fargo
—Tr
Helena
•'
Total (7 cities)
5,539,988,460
1946
$
1,136,801
—11.0
1,986,850
1,458,203
25,125,591
+
12,376,943
12,680,630
26,333,700
28,360,400
1,486,031
1,408,321
553,670,081
568,632,374
+
—
+15.1
897,038
Tenth Federal Reserve District—Kansas
City—
2,151,447
1,602,436
5,830,602
5,337,098
—12.7
237,569,142
85,305,132
239,626,428
—
1.9
6,363,916
—13.3
3,747,028
2,843,940
6.9
3,059,345
2,047,016
—14.0
8,520,839
5,722,432
—10.1
350,396,004
319,669,539
—
V-;
*700,000
123,195,085
Wichita
11,678,153
City
-
Springs—
8,137 349
14,805 169
364,750 408
—21.1
291,698,565
1
Joseph
Colorado—Colorado
137,292 203
8,395,157
St.
736 ,080
8,114 424
12,539,249
15,159 521
—17.3
+ 26.7
—
—
392,080
252,064
4.9
627,092
472,909
6.1
7,425,321
112,539,530
4,881,652
—10.3
+
4,395,340
• v
471 760
7,616,514
Kansas—Topeka
59,697,285
3.0
—
597,570
Omaha
3.2
—20.0
6,962,642
12,059,288
297,641,180
89,290.319
"
*
4,509,280
9,605,896
243,440,336
12,192,316
1,871,085
1,526,070
8,561,343
2,488,707
2,377 063
+
2,431,714
2,052 798
+ 18.5
461,340,714
Pueblo
Total
3.7
—
<10
cities)
553,896,775
—16.7
453,236,604
364,323,581
+ 15.9
6,837,535
198,677,000
132,154,000
4.7
1,865,194
1,444,588
701,650
—23.6
'■"
6,503,284
312,879,902
93,467,955
Lincoln
1947
or
—
District—Minneapolis—
6,264,817
Minneapolis
3,796,766
25,832,591
297,400,000
'
Ninth
Minnesota—Duluth
455,536,693
+
—
9.3
7,113,687
5,642,117
4,712,329
2.8
22,822,917
21,405,336
Eleventh Federal Reserve District—Dallas-
6,732,969
1.4
Texas—Austin
8,593,666
239,103,752
7,415,554
264,472,000
25,741,588
29,902,679
—13.9
9,243,000
5,671,000
3,779,935
10,911,940
6.4
2,845,140
14,049,212
2,002,117
+ 28.8
8,706,742
6,742,216
300,754,968
322,153,108
—
6.6
246,468,550
163,076,492
5.5
101,267,131
8.6
4,316,807
87,346,970
3,868,506
—11.1
Utah—Salt Lake City
105,032,446
4,024,722
156,410,805
+
138,995,354
98,030,461
55,021,290
61,620,703
77,623,267
—10.7
California—Long Beach
12,906,557
12,108,587
46,577,602
12,873,443
10,744,870
38,919,115
10,147,693
332,086,705
11,280,323
418,056,517
11,782,347
13,136,756
4,694,322
4,996,345
Dallas
Fort Worth
Galveston
2.4
12,305,898
8,535,376
7.1
32,911,400
27,534,000
5.5
1,168,754
899,805
2.6
545,159,612
+ 54.1
39,476,573
24,696 091
4.4
2,802,633
2,456 417
—14.3
82,548,646
75,163 833
i.4
1,690,592
1,260 305
Pasadena
San Francisco
—
9.6
24,597,133
4,805,000
4,288,537
14,753,622
534,052,364
—
—
+
Wichita Falls
4,023,750
Louisiana—Shreveport
+ 63.0
+
3,136,000
•
•
Total (12 cities)
• •>
Total
—
(6 cities)
.
Federal
Reserve
Washington—Seattle
36,635,716
Buffalo—
i
3,073,556
80.338,018
:
93,768,283
1,872,582
——
Jamestown—
23,779,152
3,209,297
1—
Binghamton—
Twelfth Federal Reserve District—San
Francisco—
District—New York—
York—Albany
1,899,449
+
—
:
—
Connecticut—Stamford—.
New Jersey-^-Montclalr
2,422,182
7,179,718,905
21,055,949
Rochester
2,165,207
6,811,514,040
New York—
Syracuse—
18,155,110
—19.8
—
319,669,539
453,236,604
;
4,315,106
9,102,435
Elmira
—15.9
70,948,927
327,941,052
451,853,976
9,480,724
Second
22,667,823
236,400,000
*+
791,372,327
,
2.5
6.185,564
New
327,941,052
96,157,019
421,422,624
6.5
o is
+
—
8,600,829
^
396,608,330
89,798,186
641,936,750
.
2.8
—12.3
Worcester
'
•
540,695,324
Dec.
803,853
•"
2'.8
—
2,067,912
Yv-'A-
490,004,455
1,039,881,934
2.1
Inc.
2,661,218
Rhode Island—Providence
60,785,794
4,151,720
Hastings
925,268
New Hampshire—Manchester.
178,058,957
71,905,183
94,945,765
.—
Nebraska—Fremont
2,032,515
:
■
2,068,221
—
Springfield
New Haven
Y
1,801,881
6.4
—
New Bedford
Connecticut—Hartford
200,814,003
5.0
—
2,350,271
4,730,885
Missouri—Kansas
Y;; 2,590,101
Y 4,919,311
:
:
137,919,271
;
2,057,429
Portland
Massachusetts—Boston
2,650,810
6.7
435,839,901
103,307,832
Week Ended Jan. 15
YYY
3,123,823
—
124,261,971
—
—
$
v
1949
,
8.3
85,274,329
the
detailed statement showing the figures for each city for the
Maine—Bangor
77,107,579
78,934,528
19,056,454
Macon
1946
$
—16.7
6
Clearings at—
7,270,000
109,083,050
+
105,240,603
—10.1
our
9,332,000
5.6
3,951,327
218,810,833
Kentucky—Louisville
553,896,775
cities
3.2
+
Tennessee—Memphis
Illinois—Quincy
439,807,026
.111
3.5
—
8,123,168,640
461,340,714
Outside New York City.
—
•7,181,944,259
395,323,700
10
Total
3,165,509
13,148,000
117,829,704
4.9
540,695,324
—
641,936,750
534,052,364
7
Dallas
789,349,595
545,159,612
10
12th San Francisco-
2.1
—
3,077,606
56,906,291
Springfield
1947
c/o
490,004,455
9th Minneapolis
856,925,902
2.6
—
—
4
——
10th Kansas City—
.
435,839,901
10
1
Louis
423,658,341
16
„„——
7th Chicago
8th St.
6
246,590,825
219,800,000
Peoria
Dec.
Y' V; $
7,450.291,353
_—-
260,618,191
423,658,341
(6 cities).
Decatur
Inc. or
1948
7,086,479,091
Philadelphia
2.8
—
CLEARINGS
568.632,374
5th Richmond
lltb
BANK
553,670,081
2nd New York—-——12
3rd
OF
$
-
.
'——12 cities
Boston
5,254,021
292,746,331
Alabama—Birmingham
by Federal Reserve Districts:
1949
Federal. Reserve Districts
1st
5,848,723
74,976,035
Total (16 cities).
_
28,052,500
4,277,864
204,240,244
Columbia—Washington..
Rockford
following
19,636,600
5,320,880
+ 20.8
4,931,210
3,963,527
smaller
are
City Reserve District the decrease is 16.7%, in the Dallas Reserve District
In the
225,526,948
+ 20.1
4,280,887
Augusta
6.6% and in the San Francisco Reserve District 7.0%.
•
136,529,870
304,526,304
6.3
—
6,066,265
179,959,748
1.1
6,630,377
3,055,889
Nashville.
a
Philadelphia
In the Cleveland Reserve District the totals
The Chicago Reserve District suffers
of
8.5
4,154,235
12,727,000
Georgia—Atlanta
the cities
(including this city) the totals record
by 2.1%, in the Richmond Reserve District by 2.8%, and in the
District by 8.7%.
39.1
+
loss of 6.6%, the bank
5.1%.
according to the Federal Reserve Districts in which they
4.9%,
34,173,100
+
—
124,377,686
Tennessee—Knoxville
the week
—
8,408,350
Sixth Federal Reserve
District—Atlanta—
present further below
week previous
decrease of
a
it appears that, in the New York District
of
330,524,851
'<<
decrease of 5.9%, the aggregate of clear¬
a
clearings at this center having recorded
decline
of
Total
has to be estimated.
cases
we
Outside of this city there was
Reserve District of 6.4%.
Virginia—Huntington
Carolina—Charleston
Maryland—Baltimore
not available at time of going to press.
statement/ however, which
For that week there
week in
same
6,506,348
182,190,660
1.1
as
2,439,337
Reserve District—Richmond—
South
ings for the whole couhtry having amounted to $13,807,778,849 against $14,671,130,938
in the
6.4
Florida—Jacksonville^.—
detailed
give final and
ending Jan. 15.
cities).
Richmond
by the foregoing will
.
iln the elaborate
976,868,500
:;
743,221
773,003,000
839,352,366
_L_—-
Virginia—Norfolk
2.9
—
today, inasmuch
Accordingly, in the above the last day of the week in all
;
West
1.0
—
(7
Fifth Federal
3.0
—
$14,568,446,594
Total
0.5
—
$13,775,071,797
$14,409,464,683
i
Total all cities for week
801,837,993
+ 17.9
3.5
507,384
2,454,388
V.
284,620,912
—-—
Pennsylvania—Pittsburgh
3.6
—
2,694,593,775
$13,639,421,745
,
it'
All cities, one day
'
1
——
1,039,881,934
5,775, 534
0.4
3.9
_
Other cities* five days
4,765,806
+
888.398
5,018,034
Youngstown
310,500,000
Ten cities, five days
,
6,625,883
9,164, 490
—
1,247,333
7,961,416
Mansfield..
—
Baltimore
>
2,198,402
+
4.573, 150
32,014,300
494,000,394
L
Cleveland
4,144,856
2,591,240
4,531,773
8,585,964
9,053,110
328,851,764
Francisco
Pittsburgh
2,287,851
4,876,094
1.4
2,$56, 888
166,645,887
502,882,718
:,'4-
*__■
3,537,870
+ 19.1
4,902, 292
334,038,707
—
Columbus
$11,025,327,205
St. Louis
1,003,000,000
—21.9
—
914,132,663
Ohio—Canton
Cincinnati
298,130,494
^
I—
—
6.8
4,207, 796
4.555.267
(11 cities).
339,662,000
City—-J—
—10.2
9.484.268
...
Jersey—Trenton
Cleveland
1
Philadelphia
3,333,
939,000, 000
1,049,298
3,082,627
**
Fourth Federal Reserve
District—Cleveland—
0.1
615,053,792
753,852
012
6,809,953
Delaware—Wilmington
%
'
•
598,327,655
-
Chicago..
'
1948
1949
6.7
+ 10.8
5,836,584
r.
;
• '
Week Ended Jan. 22
2.5
+
2,502,056
...
York
New
Y Y
+
921, 534
1,138, 284
3,287.744
Wilkes-Barre
Total
Clearings—Returns by Telegraph
.
'
1,295, 520
875,000,000
I
Scranton
Our comparative
..
$
2,994,160
Philadelphia
Reading
At
1948.
of 0.1%.
Friday
1946
-983,451
Lancaster
'
this
1947
1,260,817
Chester..
Our preliminary
total stands at $14,409,464,683 against $14,568,446,594 for the same week in
1,328,383
Bethlehem—
clearings
to obtain weekly clear¬
ings will be 1.1% below those of the corresponding week last year.
or
Dec. %
Third Federal Reserve
District—Philadelphia—
telegraphic advices for the chief
country, indicate that for the week ended Saturday, Jan. 22
cities of the United States from which it is possible
for all
with
compared
43
Week Ended Jan. 15
22,972,024
8.3
20,443,235
16,336 096
14,029,933
12,536,934
+ 11.9
12,634,004
12,142,732
110,760,249
;
3,679,053
13,832,268
878,017
—10.6
1*938,913
1,372 793
5.1
6,913,076,515
7,9.00,005 608
—
—
>
964,949
—
10,558,212
9.0
45.880,972
42,951,908
+
6.8
Northern New Jersey
55,067.092
54,061,279
+
1.9
10,025 609
...
San Jose
Santa
Barbara
!
Stockton
Total
(10
9,079,064
7,086,479,091
-
8,768,042
739,749,811
795,435,246
13,807,778,849
14,671,130,938
6,996,264,809
cities)—!
844,575
841 373
42,299,622
35,353 915
53,580,739
,
45,409 427
Grand Total
(111 cities)
Outside
York
New
"•Estimated.
+
6.S
4.8
9,594,767
7,292,149
8.6
380,885,109
—10.3
336,712,181
12,590,153
8,303,392
—
7,491,412,033
—
—
6.0
3.5
4,030,842
8,353,831
3,291,201
+
—
7.0
678,520,146
580,656,406
5.9
13,685,754,105
13,439,994.068
6.6
6,772,677,590
5,539,988.460
•
Newark
Total (12 cities).
—
10,247 173
+ 13.9
Yakima.
Oregon—Portland
7,450,291,353
—
4.9
tNot included
7,181,944,259
8,123,168,640
JNot
available.
in totals.
—
—
7,151,932
44
COMMERCIAL
THE
(416)
FINANCIAL
&
CHRONICLE
Monday, January 24, 1949
REDEMPTION
PARTIAL
Foreign Exchange Rales
Pursuant to the
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
give below a record for the week just passed:
'
EXCHANGE
FOREIGN
CERTIFIED
RATES
RESERVE
FEDERAL
BY
JAN.
1949
14,
JAN.
TO
BANK
20,
TREASURY
TO
UNDER
ACT
TARIFF
1930
OF
Ashland
& Refining .Co., 3% debentures,
Borough Gas Co.—
1st mortgage
bonds due 1970
Carolina, Clinchfield & Ohio Ry.—
mortgage
1st
and
Country and Monetary
Buying
for
Rate
$
—
.297733"
-
.200000"
3.212313
3.212313
.022846
.022848
.022846
.022848
.054406
.054406
.054406
.054406
1.000000
1.000000
1.000000
1.000000
.923671
.923671
.925468
.924218
Czechoslovakia, koruna.
.020060
.020060
.020060
Denmark, krone
.208535
.208535
River
series
bonds,
mtge.
L
4.031484
4.031484
4.031484
4.031445
Closed
3.212313
-
3.212313
.022848
3.212313
Canada, dollar—
Official
Free
_
--
England, pound sterling
Closed
_
France (Metropolitan), franc—
Official
'
Union
Terminals
107
3
■;>
;
*
Cornell-Dubilier
Electric
H2320
Co.—
-Apr
——Apr
B
3
1
1
3
■
series
:
204
Feb
1
Deerfield Packing Corp., 3%% debentures, due 1962—Feb
1
Firemen's Insurance Co. of Newark, N. J.; $4 pfd. stk.-Feb 16
Food Fair Stores, Inc.,
15ryear debentures, due 1959—Feb
1
McCord Corp., 10-year 4'/2%
debentures, due 1956—Feb
I
Sun Ray Drug Co., 15-year debs, due Aug. 1, 1961—:Feb
1
Walgreen Co., 4% preferred stock
—:
Jan 31
preferred stock,
$5.25
}
v
Corp.—
A
4
.004671"
.003136*
.003138"
.301678
.301678
Mexico, peso——
—
.145349
'
Netherlands, guilder
.145349 ;i.
v
.003136"
.145349
.377042"
.376850
.376885
.377040
.
V
Newfoundland, dollar—
''
■'
Official..
1.000000
.921250
.923125
.921875
3.991542
3.991542
3.991542
.201580
.201580
.201580
.201580
.040325
_
_
.040325
.040325
.040325
.201580
—
.
Union of South Africa, pound-
.233629
.233629
.233629
.233629
4.007500
4.007500
4.007500
4.0075Q0
.658300"!
.658300"!
Closed
.658300"t
peso
.658300"!
•Nominal
I
'
.588223"!
.561799"t
1—
rate,
-
.531909"t
—
tApplication depends upon type of merchandise.
.588223"!
.582823"!
.561799"!
.561799"!
.561799"+
.531909"!
peso
peso
mortgage
.531909"!
.531909"!
all
at
V
r
©old
'
•
£
fund
for
F.
22,996,186
cash-
355,919
and
advances—
214,902
Industrial loans
U. S. Govt,
1948
'4,997
+
-
839
3,090
.
+
30,283
149,294
—
1
—
4.737,480
Certificates
6,331,769
Notes
500,250
Bonds
10,646.959
114,459
14,000
+
23,050
—
125,398
—
securities.
22,216,458
.securities—
22,432,199
S. Govt,
—
+1,473,258
20,350
$58,000,000 in the Dallas District, $53,000,000
City District, and $82,000,000 at all reportling member banks. United States Government deposits
■decreased in all districts.
Demand deposits credited to
46,587
1 domestic banks decreased in most of the districts.'
65,205
—
+
1,408 053
—
+
in the Kansas
—5,497,264
+
+
Borrowings increased $166,000,000 in New York City
$191,000,000 at all .reporting member banks.
A
997,700
6,915,793
loans
Due from
and
—
248,907
+
summary
of the assets and liabilities of reporting
398,202
720,600
'■
foreign banks
P. R. Notes
of other
Uncollected
49
items.
banks—
+
9,222
2,966,131
Bank premises
Other assets—
+
303,781
5
32,338
155,444
—.
46
—
190,676
+
4,065
Jan. 5,
assets
49,118.942
47,766
—
323,317
Loans
32,198
+
+
.
notes
23,778,416
—
124,844
—
Member
U.
S.
bank—reserve
Treasurer
—
acct.
20,061,052
acct.
gen.
790,243
Foreign
682,958
Other
469,222
Real
—
44,420
149,208
11,780
+
4,160
—
+
—
+
2,726,597
258,444
19,337
—
+
1.844
+
1,981
agricultural
and
dealers
for
S.
714
carrying:
obligations—
Total
deposits
22,003,475
Total
—
2,548,022
10,873
•—
199
+
—
182
__
4,687
952
\
Treasury notes
53,594
Other
1,767,515
in
27
Reserve
Balances with domestic banks
35
402
4,263
97
+
2,188
—
48
+
—
—
—
1,765
4,783
73
248
+
+
1,665
50
—
862
vault
577
+
14
—
14,716
Banks
46
154
4,185
_
Federal
with
+
—.
138
40
—
1,043
_
+
15
—
24,609
securities
Reserve
+
_
_
_
U. S. oonds
216,112
+
160
—
5,515
—
—
18
—
2,157
__
4
17"
+
3,922
Treasury bills—
2,487,921
—
—
7
+
33,324
securities—total
t
—
—
4,083
loans
Cash
48,340.79l(
liabilities
186,008
258,210
645
533
94
30
460
loans
Government
+
20
78
2,287
—
264
1>
Liabilities—
Capital Accounts—
Capital paid in
Burplus (Section 7i
Burplus (Section 13b)
Other capital accounts
202,5
223
+
466,711
+
5.842
+
■
18,522
81,658
15,062
deposits adjusted
deposits, except Government
deposits
Interbank demand deposits:
+
5,605
48,023
+
S.
—
47,766
+
1.839,902
of
serves,
note
gold certificate re¬
to deposit and F. R.
liabilities
respondents
Commitments
trial
—
to
Interbank
50.2
0.3 ',i
9
+
~
397
1,615
r_
—
New
Allied
Radio
this
week
Alloy
Aloe
S.)
(A.
American Box
(quar.)
(quar.)
Mfg. Co
ZVirfo
Board
f25c
3-
1
2-15
2-
1
25c
4-
1
3-15
30c
2-15
1-31
25c
__
_
__
Co. (quar.)
Socket (quar.)
Forging
&
Machine
Gas
General
Co.—
Corp.,
The
shows
condition statement of weekly reporting member
of the Federal Reserve System in leading cities
the
principal changes for the week
ended Jan. 12: Decreases of $154,000,000 in holdings of
Treasury certificates of indebtedness, $248,000,000 in re¬
serve balances with Federal Reserve Banks, $280,000,000
in U. S. Government deposits, and $295,000,000 in de¬
mand deposits credited to domestic banks.
following
Co0lhaercialT
and agricultural loans in¬
creased $26,000,000 in New York City, $18,000,000 in the
Dallas District, and $54,000,000 at all reporting member
banks.
industrial,
Screw
Animal Trap
Co.,
4,A%
pfd.
(quar.i
com.
1
Atlantic
Bertram
Class
(J.)
Mills,
Class
Loans to brokers
and dealers for
purchasing
or
carrying United States Government securities increased
$96,000,000 in New York City and $94,000,000 at all re¬
porting member banks.
t
'
.
—
865
+
73
+
167
U.
S.
Govt,
Holdings
of
Treasury
bills increased
$92,000,000
(Philadelphia District).
>
'
Items are reported gross,
instead of net as. previ¬
Year-ago figures have been adjusted to a gross basis.
preferred
and
including
those
called
stocks
called
sinking
under
redemption
or
redemption,
for
fund
provisions.
last date for mak¬
were
(except where indicated) in which
Ltd.,
Co.
3-25
1-14
2-15
1-31
2-15
1-31
3-31
3-19
3-31
3-19
4-
15c
1-24
1-17
25c
A
3-
50c
class
Co.
3-
1
2-18
3-15
2-15
3-15
2-15
i30c
$7'2C
(irieg.t
_'
NOTICES
OF
1-25
1-18
2-15
2-
20c
3-10
1-31
Jackson Co. (quar.)
50c
Canada Safeway, Ltd., 4V2 % pfd. (quar.)__ |$1.12Mt
Food Products, Ltck, common——
tl83»c
2-15
1-29
3-
1
2-14
4-
1
2-28
J25c
4-
1
2-28
$$1.12(2
4-
1
2-28
—
(quar.)
Company and Issue—
(A. M.)
Co., 7preferred
Byers
Increased
quarterly
Byron
Class
A
(quar.)
____
preference
Ltd.—
deposit
receipts
for class
receipts
for
A
or¬
B
or¬
22!a 'f
class
(final)
M.)
& Company
Electric
k
Gas
Louisiana
Vermont
Co.
Electric
Public
Office
mortgage
Buildings Co.—
and
collateral
Kansas
City Structural Steel Co.,
Roberts & Oake, Inc., 1st mortgage
.
'
Date
Feb
1
Page
106
bonds,—i
-pfd: stock6s, due 1954—
Jan 25
Fell
Feb
1
7
*
206
209
2-10
1-28
15c
1-31
1-18
40c
2-15
2-
17c
2-15
1-26
25c
1-31
1-26
Co.
(quar.)
Service—:
(reduced)
___
$1
—
mortgage
bonds,
due
1951——-Jan 2$
j. 209'
1-31
1
1-26
$1
1-31
1-26
5qc
2-15
2-
50c
2-
1-28
5
Co.— P
1
soc
Yellow
Chilton
2-
1
1-26
25c
3-
1
2-13
—•
20c
2-15
2-
iquar.i—_
15C
1-21
1-15
10c
Chicago
1-21
1-15
i20c
2-15
1-31
j30c
2-15
1-31
Company
Cab
Cc
___
(quar.)__
City Title Insurance Co. (N.
Y.)
Dunlop Hardware,
(quar.)
A
$1.20
preference
Insulated
Wire
20c
;
Steamships
Colorado Fuel & Iron, 5 preferred (quar.)
Columbus
Southern
&
preferred
I
Ltd.—
(quar.)
Colonial
2-
$7
1
1-25
Electric
1-25
25c
3-
1
2-
$1,06
Ohio
2-25
2-
1
1-15
7
Co.—
(quar.)
Consolidated Chemical Industries—
$1.50
class
Common
A
participating
class
Glass
Power
preference
(irreg.)
Co.,
Ltd.
Co.,
37*20
5-
2
4-15
37V2c
_
B
Co.
b-
3
4-15
Z"
'l
2-15
$1
(reduced)
common
t37'/2c
2-28
1-28
50c
(quar.)
2-21
2-
7
$4.50
preferred
(quar.)
$1.12,i
4-
1
3-11
$4.52
preferred
(quar.)
$1.13
4-
1
3-11
2-
1
1-20
Liquidating
(N.
Y.)
(s-a)
:
;
Imperial Mills,
Dallas Power
&
Ltd.
.Light, 4VzYo
(increased)
pfd.
$2
$73
Corporate Investors, Ltd., class A__________
Container Corp. of America.
Cosmos
Coal. Iron & PR. Co.—
8
50c
Continental Bank & Trust Co.
•
trust
8
1-
(quar.)
4';
preferred (1947 series) (quar.i
Chesapeake Cprp. of Virginia—
Chicago, Wilmington & Franklin Coal
Quarterly
4
4Ya 'ft
1-
2-21
(quar.)
Cherry-Burrell Corp., common
preferred (quar.)
Collyer
2-21
2212 'r
•
deposit
dinary
(A.
(quar.)
(final)
dinary
American
Consumers
stock
1
Burroughs Adding Machine Co.—
Consumers
TENDER
2-18
1
15c
Consolidated Coal
given in the "Chronicle."
2 11
9
37r2C
Inc.—
Co.,
Site
Cochrane
ing tenders, and the page number gives the location in
the current volume
General
3-11
1-31
$25c
(quar. i_„_
Extra
list of corporate bonds, notes,
a
common
The date indicates the
Chicago, and decreased $49,000,000 in New York City,
1-20
2-28
3-15
25c
class A
common
(s-a)
Class
Tennessee
1-20
2-28
$1
—
Central
20,544
■«Below will be found
in
1-21
25c
—
preferred (quar.i
Company (quar.i
Falls
Hill
Central
accounts,
Notices
Income
1-24
20c
Buck
Castle
deposit accounts, except
Redemption Galls and Sinking Fund
Consolidated
1-24
30c
B
Brunswick
1-14
1
30c
&
Co.
Rubber
1-28
1-28
2-
8c
Inc.,
convertible
Brown
1
5c
_
(quar.)
Sons, Ltd.,
(S.)
1-28
3-
5c
(qi:ar.)
Blumenthal
1
50c
(quar.)
Laughlin,
Bobbs-Merrill
1-28
3-
t5c
Corp.
B
k
1-20
>c
62J2C
RR
Corp.
2-18
1
12'aC
__
—_;
Line
Coast
1
1-31
3-
56V4C
___
(quar.i
&
Ayshire Collieries
3-
75c
______
5'r
preferred <quar.)___
Appleton Company
Arrow
Liqueurs Corp.
(annual)
Oil
2-18
62'
Co. of America,
Extra
2-12
1
50c
(quar.i
preferred
(quar.I
preferred (quar.)
4'/a c/e
figures revised
the details
2-14
2-28
3-
12Vac
pfd.
$2
Extra
banks
3-14°
1
50c
$2.50
Bruck
1-20
1
12Vac
*
Extra
American
5'<
I
43-
12VsC
American
Bliss
2-
20c
._„
I quar. 1
1
87 ^c
_____
:
pfd.
4-
5c
:_
(quarj___
Company
Goods
Solders
When
(quar.)_^
1-19
$8c
2-15
1-29
75C
2-19
2-
t40r
2-15
$1.13
a-"
Payable of See. P
,___
i.
Steel Co.
Cast
.
_____
__
Inc.
>
are:-
Ltd.—
Corp
Laboratories,
Carreras,
34
+
*
\
thare
(initial)
common
Aircraft
509
5,585
Condition Statement of Member Banks
in the week when
■:
Abitibi Power & Paper Co.,
322
tBeglnning June 30, 1948, individual loan
I.e., before deduction of valuation, reserves,
ously reported.
Indus¬
loans
5
second table in
a
fir
Central
"Jan.
cor¬
3,348
1,444
0.9 r/c
+
bills
-
make
+
and
week
during
combined
Contingent
liability
on
purchased for foreign
*:■;
-
,
dividends announced
•J-
191
—
257
Borrowings
167.
previously announced, but
Name of Company
+
295
—
1,424
Debits to demand
Ratio
—
.
280
—
9,427
Foreign banks
49,118,942
follow, with
we
show the dividends
declared.
American
banks
Domestic
Total liabilities & cap. accts.
9
+
919
Government
82
+
47,519
Time
§Vol.
165.
Canadian
Demand
U.
27,543
tVol.
166.
Investment News Department"
and
Beneficial
Treasury certificates of indebtedness
Deferred availability items
Other liab., incl. accrued divs.
+
pur¬
securities
estate
tVol.
issue.
Refining, common (quar.i
$1.20 convertible preferred (quar.i
399
Government
this
Then
week.
we
Ashland
to banks
S.
54"
+
for purchasing or
loans
Other
U.
118
118
securities
Loans
477,783
+
carrying:'
Government obligations
Other
—
which
American
2,492
or
S.
U.
499,607
and
brokers
to
Other
Other
Reserve
Deposits:
—
+
15,415
U.
1,839,902
42
—
25,374
loans
659
—
62,596
25,087
Loans—gross!
Commercial, industrial,
Liabilities—
Federal
§1591
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases, are given
under the company name in our "General Corporation
$3
1948
(in millions of dollars)
Investments—total
and
Loans—net
23,423
+
—
Loans
Jan. 14,
1949
1949
chasing
Total
111260
are
American
member banks follows:
676,043
+
we
Aluminum
and
255,214
—
in
American Airlines,
2,030
—
Assets—
Total
Any time
grouped in two separate tables. In the
bring together all the dividends announced the
current
deposits
Jan. 12,
Total U.
J2004
DIVIDENDS
The
adjusted decreased $205,000,000 in
New York City, and increased $89,000,000 in the Chicago
securities:
Bills
in
-District,
1,907
—
+
$116,000,000
member banks.
Demand
*
627,758
Discounts
.
R.
Total gold ctf. reserves
Jan. 21,
1949
$
decreased
indebtedness
of
City and $57^000,000 in the Chicago District.
$48,000,000 in New York Cityj and increased $39,000,000
in the Chicago District and $48,000,000 at all reporting
$
22,368,428
notes
Other
1949
•
//>+ >:",v':';p a
certificates—
Redemption
Jan. 12,
-Jan. 18,<
.
•
■•
•
.
.
Holdings of Treasury
Holdings of United States Government bonds decreased
dollars)
decrease (—) since
Assets—
Anytime
Jun
1
.588223"!
Dividends
reporting member banks.
New York
Increase (+) or
'
111257
168.
.561909"!
$44,000,000 in the Philadelphia District, and $40,000,000
■
certificates
Reserve Banks Combined
of
111
Anytime
6%
.561799"!
,
♦♦Temporarily omitted.
Statement of Condition of the 12 Federal
thousands
Jan 31
1949-53
due
112226
1
Apr
1949-1964
due
♦Announcement
HVol.
first
(In
Page
t2410
.658300"!
4.007500
_
peso
Uruguay,
—
.278228
.233629
_
51
.278228
.278228
.278228
Sweden, krona___4____
Switzerland, franc
Uruguay,
Uruguay,
Uruguay,
.278228
,
bonds,
bonds, due Feb. 1, 1949
New York Gas & Electric Light, Heat & Power Co.—
Purchase money 4%
bonds, due Feb. l, 1949
Ohio
Power
Co., 6%
debenture bonds, due 2024
Tennessee Coal, Iron St RR. Co.—.
General mortgage 5s, due 1951
1.000000
1.000000
1.000000
1.000000
Closed
3.991542
2 % -3 Vss %
Montana-Dakota Utilities Co.—
1st mortgage 2% ' serial bonds,
1st
.921250
Zealand, pound
Norway, krone
Portugal, escudo
209
National Sash Weight Corp.—
■
3.991542
Free
New
7
La Cooperative Federee de Quebec—
.301678
.145349/
;
-
205
Company and Issue—
Date
Appalachian Power Co., 6% debs., series A, due 2024—July 1
Kline Brothers Co., 5%
sinking fund notes, due 1954_Feb 15
,
.373600
:—
.003136"
.301678
,
205
CALLED.
ISSUE
ENTIRE
.004671"
.004671"
.004671"
.003140"
.301678
Free__
Xndia, Dominion of, rupee
,**■
1
Vz%>, due 1970_Feb
3
Co.—
Power
.208535
-
--
Brazil, cruzeiro
.
1
_—Mar
.020060
.208535
Australia, pound__.
Belgium, franc—
■
_Feb
-
1965—_u_
mortgage 5V2% bonds, series A
mortgage 5% gold bonds, series
1st
.251247"
.200000"
.200000"
1st
.297733"
.251247*
/
••
2 "
mortgage 3%s,
Cleveland
$
.251247"
*<»
Jan.20
-
s
.297733"
.200000"
-_
-
.
•■
Jan. 19
$
•
202
1
^
series A, due 1961——.
-—Feb 15
Chicago & Western Indiana RR.—
1st and refunding mortgage 4V4S, series D, due 1962—Mar
1
Jan.18
^
t-
.25T247*
.
in
Jan.17
*
$
.297733"
;;
Transfers
1st
York
States Money
Jan. 15
Jan. 14
Argentina, peso—
For "regular" products—
l
For "non-regular" products
For certain industrial products.
Cable
Value in United
Unit
New
series A, due
4s,
gen.
Connecticut
Noon
1965_Feb
due
Maine Power Co.—
Central
INCLUSIVE
1949,
Oil
Brooklyn
1st
Page
Date
Company and Issue—
4
1-31
,2- 1V„ >21
«(jf
4
..a
n
-
t
COMMERCIAL
THE
Number 4771
169
rVolume
FINANCIAL
&
CHRONICLE
45
(417)
.
n
Name of Company
Share
35c
2-
1
1-20
$1.75
2-
1
1-20)
Name 0/ Company
.
,
B
Class
».
—
(quar.l__—
Oil
Rock
Deep
(quar.)
Corp
Dominion & Anglo Investment
preferred (quarJ-__
5%
5'.>
preferred
Ltd,
Dradkett Company,
'•
4',;
2-
1
3-
9
Corp.,
1
$$1.25
3-
1
preferred
4%'-
3-
$37 %c
3-15
10c
2-15
(quar.)
(quar.)
common
%'V
._
2-15
2-
4-
;
3-10
30C
.Extra
5%
1
3-
4
5%
preferred (s-a)_
NaUmkeag Steam Cotton
4-
1
3-
4
Nestle-Le
$1.25
2-21
1-24
$2
25c
1-31
1-26
Ne\V
Erie
Kalamazoo
&
Firestone Tire
Stock
Bank
First
Fownes
Fullerton
Fulton
Steel
Gale &
4%%
Industries—
5%
;
,
Hydraulics,
Stores
B
Raima
Osgood
2-1/
2-
7
Class
2-
1
1-22
2-
1
1-15
2-
1
1-15
OwOns-Illinois
2-15
1-31
Pacific
Electric
2-
1
1-20
1
1-20
6%
1-28
Parmelee
1-28
Peaslee-Gaulbcrt
2-15
2-
$4.25 pfd.
3-18
Peerless
1
1-20
Penn
2-15
Penobscot
4-
1
3-18
7%
31 %c
1-31
1-20
Peoples
2-15
1-28
$1
3-21
2-23
1
2-
3-
1
3-
1
3-
1
2-15
25c
3-
1
2-15
3-
1
2-15
25c
3-
1
2-15
3-
2.
2-
ccnv.
(quar.i
preferred A
(Geo.
A.)
'
$4.50
New
above
The
new
Sp'it-up
tive
1;
.Home
Stores
4%'J
HUd:on
Co.,
Zinc
7%
Co.
Nickel Co.
Trust
Participating
•V.'..
Common
2
Republic
Reynolds
(R.
3-29
3-
2
2-15
1-29
t
62 %c
4%
($5
Common
$1
*
Shel'mar
;
434%
1-15
Sheraton,
3-14
2-11
1-25
2-21
2-
i
6%
1-15
1
preferred
Company
—
Co.
Ltd.
Mines,
Co.
—_
1
4-18
37%;c
8-
1
7-19
Standard
8-
1
7-19
Stein
(A.)
&
2-25
Stix,
Baer
&
Fuller
common
preferred
—
Plante-Chcatc
La
5'i
Leitch
Life
Gold
preferred
Ltd...:
Corp..-
Lit
Brothers
,
2 25
1-31
2-10
Truax-Traer
2-
1-24
Union
3-
1
1
1
2-15
1
2-
1
(quar.)_—___.
2-15
$4
2-
preferred
$1
1
1-29
1-24
2-
12 %c
2-
Upper
r
5
Walker
Co:' (quar.i
10c
2-15
2-
1
West
:
50c
2-15
2-
1
30c
2-15
2-
5
*—___
/Lytton's, Henry C. Lytton & Co.
M.
&
Corp.
M.
Woodworking Co.
Mackintosh-Hcmphill Co.
Mucwhyte
Mallory
Company
(P.
R.i
&
1
Corp.,
Company
Co.
1
2-15
3-
5
2-11
Weston
(quar.)—
25c
3-10
2-23
White
(quar.i-
60c
3-15
3-
Wilson
35c
2-28
2-10
1
3-21
$1.25
preferred
(quar.)-———
Bancorporation of Seattle—
Fully
participating
iquar.)
4-
1
*;'
Initial
stock
&
;
4.35'; *
Miller
&
3-
1
2-15
4-
3-14
3-
2-10
Insurance
1st
pfd.
Power
share
One
3-10
6-10
3-10
7- 2
2- 1
6-10
$1.183/4
12%c
$1.06%
3- 1
3- 1
2-15
(quar.)__
Lines,
Inc.,
1
2-15
3-15
2-1*5
2- 1
1-14
2-
1
1-14
$3
20c
1-31
1-14
1-28
1-14
1-28
1-14
(stock dividend)—
Coach
Motor
&
2-10
Blue
3-11
2-
1
iquar.50c
3-10
37%c
2-14
1-28
$2.50
2-15
2-
27%c
3-
2-
1
Co.—
Inc.,
Co.
(Phila.l,
preferred
$3
1
2-
3
4-30
4-15
3-
1
2-15
2-28
2-15
35';
3-14
3-14
1-25
1-14
2-
1
1-14
40c
(quar.)
Boston
Fund,
1-12
pfd.
$62Vic
(quar.)
Roller
$2.75
Eearing Co.
1-21
2- 1
1-20
2- 1
2- 1
1-10
16c
preferred
1-21
1-31
$1
70c
(quar.)
1-20
1-31
25c
(quar.)
common
2- 1
$1
—:—
Inc.,
1
1- 7
1
(quar.)_
Extra
Bourjois,
2-
2-15
2-
(increased quar.)
Inc.
2-15
10c
(quar.)
Co.
1
40c
Corp.,
preferred
1-17
75c
(reduced)
Fisheries
1-21
1-25
2-
25c
-
—
Ltd., 5%
class A
1-31
2-15
2-25
1-31
1-20
19c
Co, Ltd., class A (quar.)
Brandtjen & Kluge, Inc. (quar.)__
Brantford Roofing Co., Ltd.
(increased)
British Celanese, Ltd.— /
—
2-15
2- 1
3-19
3- 8
$12'/2C
37Vic
$50c
(irreg.)
1-28
68%c
75c
(quar.)
2-15
1-31
1-23
12-20
2^.1
1-15
1-17
1-25
20%
2- 1
50c
25c
t
Bowes
$1.50
1-15
50c
:
(auar.)
Company,
B
Edison
Bower
shrs.
50c
(quar.)
Corp
Co.
W.)
Ribbon Corp.,
Ami
4%
100
common
(quar.)
Electric
2-21
2-15
each
2-15
Hedges,
Company
Class
for
common
-
&
Birtman
Bon
1-21
2-15
50c
Inc.
3-
1
$10c
(s-a)
—
Continental
held
2-
1-21
1
1
7- 2
4-
preferred (s-a)
(quar.)___—.
$6
of
Holdings
2-18
(quar.)preferred (quar.)
4-
:
(E.
Ordinary (bonus)
a
Worthington Pump & Machinery Corp.,
4V2 % prior preferred (quar.i
2-15
4-
1
3-
4
Special
Bliss
1
(increased)
1-1*0
20c
Ltd.
(quar.)
Beneficial Industrial Loan
Boston
preferred'
1
50c
Blauner's
$1.12%
(s-a)
-2-
35c
25c
(quar.)
Mines,
Co.,
Blair
3
1-20
50c
—
(quar.)
common
Corp.,
Watch
Benrus
4
1-
1-15
1-20
35c
(s-a)
Extra
Beneficial
1-21
2-28
1 '
2- 1
25c
25c
Works
2-15
4
2-
$1.50
(quar.)1
Quebec
Iron
2-
1
1-31
75c
(quar.)
——
common
preferred
1
$40c
5%
35c
_
Co.,
Co.,
2-28
2-
2-15
40c
(quar.)
(quar.)
3-
$1.31%
Wool
$1.08%
-
—
(increased)
$2 conv. preferred (quar.)
Berland Shoe Stores, Inc.
(quar.)
2-15
2-18
2-1
Benson
2-16
1-17
5
2-1
2-1
1-17
1
1
3-
3-1
;
2-10
3-1
1-14
'% 2-
Ltd.—'
2-10
1-31
4
—-a___2
Ltd
Corp.,
Paper,
2-
3-
1-14
3- 1
&
4-
2-15
Co.—
3-
Co. (quar.)
pfd. (quar.)
%
1-14
"
15c
4-
3.60%
1
(quar.i
4 %
1-25
$75c
Howell
&
1-25
75c
GOc
Woeriall
4-
Rhoades, 4Va '7c
$1.25
1-20
37 %C
Service
3-10
1-20
97 %C
Public
2-28
2
1
iquar.)
preferrted
1-20
3-10
2-1
Edison Co.—
preferred (quar.i-^.
3.90ri
Belmont
25c
Corp.
15c
(quar.)
Belleterre
3-15
2-
1-31
Metropolitan
Michigan
6'%
1
1-28
Co.—
(quar.i
1-15
preferred
Booth
—
1-15
1
1-31
$37 Vac
50c
.
1
2-
3-1
50c
(quar.)_
2-
$1
(quar.)
Beck (A. S.) Shoe Corp., common
4%%
preferred (quar.)
Best
Co
Mfg.
8c
$1.13
3- 1
20c
Dental
Electric
Common
2-
$1.40
Bell
v
$4c
15c
Instrument
5%
2-15
2-15
40c
".
Telephone
Lines,
1
40c
Bonding
Quarterly
Meadville
S.)
1
2-
40C
—'
(quar.i
Massachusetts
•
(S.
2-
$1.06%
Insurance
quarterly
Electric
Wisconsin
1"
'Marine
'*
Initial
Fire
1
2-15
$1.06%
Company
Westchester
2-25
(quar.i
common
1-24
2-
20c
5%
.•
1-31
2-15
3-
4-
Mining
40c
Insurance
1-15
(increased)
preferred
1
Inc.—
(quar.)
Life
2- 1
;
.
$25c
A
2-25
-
pfd.
56%c
$1
quar.)_
(quar.)_
5%%
1-20
pfd. (quar.)
Apartments, $3 prior pfd'.
A
$1.40
3-
1
1-14
2- 1
■
(quar.)
Lumber
1
2-
2- 1
30c
$1.75
-
(increased
Virginia Coal & Coke Co
West Virginia Pulp & Paper Co.—
4% %
preferred (quar.)
25c
a
(quar.)
:Mapes Consolidated Mfg.
Marathon
(quar.i
25c
25c
(resumed).
&
Coast
Beaver
3-15
1
$$1.37%
•
preference
(quar.)
preferred
4-
62%c
(quar.i—
West
(quar.i
—
Class
1-21
55c
(quar.)
■
Power,
Sugar Co
Corp.
Class
1-31
35c
pfd.
conv.
Co.
Co.,
2-16
1-31
25c
(irreg. 1
Peninsula
Utah-Idaho
Verney
Inc.
Steel
Year-end
Lynch
.
Pictures
preferred
1
2-15
■
1-20
(quar.)
_
Inc.—
Co
Co.
Corp.
1st
3-
10c
(quar.i
(quar.)
Insurance
1-31
$6
25c
4-
1-3
Ltd.—
(quar.)
Beaux-Arts
10c
—
Machinery Corp.—
preferred
(quar.)
4V\ %
Lukens
'
Y.i
Hoffman
Lucky Stores.
•;
2-15
1
S.
4%'/;
2-15
3-1
3-11
Fire
Universal
1
88c
(quar.i—
5%
1.
15c
(quar.)—
(quar.)—
preferred
S.
;
.
1-31
3-
IN.
1-31
75c
Corp
1- 5
2- 1
2-1
—
Baystate
2-
1
1-5
2- 1
$1
$25c
(quar.)
(initial)
A
40c
(quar.):
common
U.
1-19
$2c
Corp.,
Illuminating
Finishing Co.,
7%
1
1
—
(quar.)
1-20
3-
1
Co.,
prior
Co.
Power
B
15c
40c
—
Rubber
1
2-15
3-
25c
Co.
Co.
&
2-
25c
(quar.)_
(quar.i
Trust
Coal
45c
$10c
50c
Mfg.
(extra)—
—
Co.
Metals
$$1.25
(quar.)
Co.
1-24
25c
RR.
&
Asbestos
S.
(quar.)_
pfd.
(quar.)__
Co.
Oil
Extra
:
U.
1
40c
—
Class
United
3-15
2-
2-15
Chemical
Inc.
United Aircraft
.1-10
2-
Bank
U.
31 %c
—
Co.
4-
2-
Trade
.
—
Nashville
&
Power
Clothes.
2-20
10c
(quar.)
1.
Liggett & Myers Tobacco
■Louisville
Inc.—
Water
$5c
$1.50
Mines,
Savers
Timely
3-
2-28
Co
Tide
5
$1.75
1.
Co..
(John)
1
3-
2-10
40c
—
Thompson
3-
3-15
Class
$1.10
(quar.)
&
3-12
1
Bathurst
Special
3-15
$2.50
Base
2-15
(reduced)—--—
Co.
Products
Oil
2-15
(quar.)—
Company
Bareco
2-15
com.
1-7
2-1
(monthly)
Wilcox
Barnsdall
3-15
Equipment
Tennessee
3-21
GOc
(quar.i
(quar.i-——
Mfg.
convertible
Co.
&
3-31
5c
—
Co..
Oil
$50c
$1.50
—
(quar.)
preferred
2
2-11
2-28
3-15
(quar.)
Railway
1
3-10
3-15
(quar.)
2-1
$1"
93%c
5c
$$1
Ltd.,
Company
3-10
10c
(interim)
(quar.i—
——
Heating
Co.,
$1
Mills—
preferred
$$1
$$1.12%
(Conn.)
Co.
""""L
1-28
12-31
Extra
Service—
5-
preferred
'! Avondale
;
(quar.)
(quar.)
Manufacturing Corp., $2.25
-—
1
(quar.)
Chemical
25c
2—
Ltd
Co., common.
1
$6 non-cum preferred
(quar.i
Knight Screw
Products.."-—
1
1st.
preferred
<
Avco
<
°
(quar.)
&
■
3- 2
2- 1
(quar.)
preferred
Nichols
1-14
1-15
1-15
\
(quar.)-
B
4%
convertible
———
(irreg.)_
Works
Electric
Water
25C
;
1 quar.i
Canada,
Mfg.
2nd
Lathe
3-15
1
3-31
5%%
50c
62%c
——-.
(quar.)
Standard
1-18
6%
Ltd., class A
(irreg.)—;
Stamford
1-18
—
—
—
1-19
1
*7'It
(quar.)_
4-18
1
Kysor
3-
common
Co.
1
2-
Company,
Rubber
1
2-
Kroger
Baldwin
2-11
2-
$1.50
Gold
1-19
1
5-
$1.25
Kinney
1
3-
25c
City Stock Yards Co.. com. (annual)
5preferred ;(quar.)_i__—
i.
Kerr-Addison
2-
3-
(quar.i
Klngsburg Cctlon Oil
(quar.)—
111-1
—$1.50
Strapping Co. (quar.)—.
25c
80c
——_
*—
(quar.i
Co.
&
—
—-
Co.,
25c
(quar.)
(quar. 1
Vegetable Parchment
&
Babcock
3-15
Sun
of
1-1.9
preferred
Swift
Co.
1
B
1-18
(Julius)
2-
4%%
3-
Kelvinator
40c
Simpsons.
1-28
Kayser
$4.50
3
3-12
Kawneer
1-20
(quar.)._
common
(quar.)
25c
Kansas
■
Common
1
1-
15c
Co.
3-15
2-
1
15c
Brothers
Kalamazoo
4-
50c
Corp.,
A
pfd.
4%
Wiborg Proprietary,
1-31
preferred
5%
&
2-15
37 %c
-
Steels,
1-10
1-25
2- 1
2- 1
7- 1
Fe Ry.—
Co.—
Co.,
Ltd.
$27%c
40c
593ac
cl.
(quar.)
Steel
4.4%
Powder
Ault
—
preferred .A
preferred
Atlas
Atlas
■
(s-ai_
Ltd.,
Brewery,
2-
1-19
2-25
3.75%
1-10
2-10
$1.20
5
1
2-15
1-25
Austin,
2-
2-
Refining
convertible
1-20
4- 1
t
$1.50
$2.50
City Electric.
Atlantic
1-21
1
37 %C
—-
(quar.i—
Atlantic
4%
(quar.)
(s-a)
1-25
3-15
6-15
9-15
75c
pfd.
(quar.)
preferred
35c
Power
Southwestern
(quar.i
Common
(quar.)
Inc.
Bend
preferred (quar.)
Atchison Topeka & Santa
-'
3-1
3- 1
15c
22V2c
25c
—
4%%
5%
1-19
6-30
6-30
V 10- 1
(extra)—;
Corp
Telephone Co.,
1-25
preferred
South
Equipment
2-15
3-
1
Aro
2-15
2-19
40c
.Arnold
1
3
Island—
9
1-21
1
(New Haven)
$1.25
$1.25
$1.25
—
(quar.)
Constable Corp.
1
2-
5$;
2-
(quar.)
$5 preferred
2-24
$10c
3-23
6-23
6-23
1-31
1-31
preferred (quar.)
preferred (quar.)
$5
3-
—
3-31
*
$1
$1
$3
$15c
$$1.12%
Co
3-
preferred
Signodc
1
1-24
Edison
2-
^
Pacific
Sierra
Arizona
Investment
preference——
partic.
Products
2-11
1
$5c
4
Class
—
Participating
Participating preferred'
Participating
_____ 1_
Kable
International
1-10
1-10
'
(s-a)
3-15
50c
——
2- 1
2- 1
-—
Argus Corp., Ltd., common
4'%% convertible preference
3-
1
1-11
1- 5
(s-a)
(quar.)
(quar.)
preferred
2-15
3-
2- 1
1-29
(quar.)
—
%.v
2-15
$2
$56'/4C
$10c
Co..
(quar.)
(quar.)
40c
$1.12''j
(quar.)
Shops'
$8%c
(quav.i—
preferred
JOy Manufacturing Co.
2-11
1
:
iquar. 1
common
1-17
12-30
1-6
1-21
1-15
1-17
Mills
45c
i
Co.,
—
Winnipeg
1-20
Canada, Ltd.—
Rhode
of
1
3-
Ltd.
45c
interim)
2- 1
2-15
2- 1
1-31
1-25
1-25
com..
Co.
preferred
preferred
Cotton
5%
Co.
Ltd.,
Simmons
:
Co.
3-
Shea's
Conveyor
2-11
1-25
1-17
$1.25
10c
$1.25
$1.50
5c
50c
.
Smelting Co.,
2-11
Co.—
interim)
Security Insurance Co.
1-31
'%%
4.50%
F-24
35c
&
Huronian,
Arcade
Fr
Participating
1-21
4
1-17
2-
Tobacco
2- 1
$1.12'%
$1.12%
(quar.)
Clayton &
Associated
(Calif.)—.
Co.
J.)
75c
1
Appalachian Electric Power—
1
1-24
Canadion
Co.,
Anglo
1-12
1
preferred
Second
1-12
2-
(quar.
Saco-Lowell
3-18
Co.—
i__
(quar.
B
3-15
2-
(increased)
$4
(quar.)—
Anglo-Canadian Telephone Co.—
4 '% %
preferred (quar.)
20c
$1.75
of
par)
—
Rheem* Manufacturing
4y2%
12 %c
1-25
(quar.i—
1
Steel
Anderson
(quar. r.:_'50c
preferred
Rike-Kumler
25c
12c
Anchor
2-25
$5
.
Light
Isecurities
Supply
2
$1.12'%
3-31
2-15
3-10
—
—
2-
preferred (quar.)
Products, 6% prior pfd.
prior
6%
common-_
25c
Anchor Post
1-20
Common
(quar.)
3-
$5
1
Co.
common
&
6-1
(year-end)
(quar.)
com.
Bottle
Lead
Zinc,
2-
(initial
Refining,
preferred
2-10
2-15
3- 1
3-1
Inc.—^
2-
*
5%
American
$2.50
10c
20c
91%c
Co
1-14
1- 5*
1-20
(quar.)
Ltd.
American Viscose Corp.,
Gas—
&
&
(quar.)
2-
8
W*ire
25c
2- 2
Common
(s-a)
(quar.)
Light
2-25
15C
Participating
Participating
1-20
1
Inc.
3-29
■
Co.—
Corp.
Investors
&
2-15
45c
u_———
(quar.)
preferred
Intertype
Fund,
Railway
30c
31%c
$$1
—
—
(quar.)
International Harvester
7%
preferred 1quar.i
International
Pullman,
Puritan
37 %c
.
(quar.)——_
Smelting, Ltd.
common
(quar.)
preferred
Illinois
**
RR.
2- 1
37'%c
1-14
Sugar
1-24
75c
Co.
1-17*
1
Thermos
—
i——
2- 1
2-
American
1-11
Y.i
N.
10c
30c
American
1
.
9
(monthly).
Co., common....
Corp.
1-20
2-
—
2-
a
for
2-19
1-25
preferred
non-cum.
(Brooklyn,
Electric
1-24
$1.03%
(quar.)„
common
tquar.)--—————__
5preferred
Mining &
Bay
31 %c
$4
of
Co.
3- 1
7-1
1-31
3-
1/100
Electric
(quar.)—_
Co.,
preferred
2-1
—
9
a
com¬
quar.)
$$1.12%
American Service Co., $3 pfd. participating.
43c
4'% %
$1.75
_
2-
3-15
of
1
1-31
3-
1-21
2- 9
.•
Products
Metal
American
1-31
.
1
3-15
dividend
City
held
preferred
2-
3-15
held
& Traction
American-Marietta
1-31
2-15
2-15
2-15
3-15
50c
25c
City Electric Co.
stock
Home
25c
90c
(quar.)
common
(quar.).-
Power
1-20
633/4C.
is
1-31
(quar.)—
Valley
preferred
Sound
2-15
become effec¬
equivalent pay-
common
Company.———_
Corp.
Co.,
Power
4'1
old
2-15
—
Insulated
1
to
The
27.
the
preferred
Loan
Idaho
expected
for
(Joseph)
Howard
Hub
is
Jan.
cn
merit
31V4C
34%c
37'/2c
31'/4C
$1
$1.25
75c
$1
20c
25c
6%
50c
12Vic
Y.
Co.—
share
Atlantic
American Light
2- 1
3-15
4-1
3-29
1-24
1-24
3-14
1-31
—
2-
v
share held.
old
1-29
(quar.)
(quar.i—L
Bank
Bureau
Service
$1.40
Puget
will be issued in
each
for
common
National
Public
the no par c d common.
of 1/lGtlT of a share of
rate
the
at
—
—
3-15
2-15
each
share
American
1-21
2- 4
1-17
1-18
1-20*
1-18
2-18
2-2
2- \
2-15
1-28
2-28
$1
75c
cash dividend
dividend)
2/100
Atlantic
of
each
1-26
3- 4
1-31
75c
^
Electric
&
extra
share
2-23
1-13*
(quar,)—
(stock
of
for
Common
Fibre—
preferred
&
Class
common
new
exchange for
"•
(quar.i—
(initial)—
par
1-31
3-31
75c
iquar.I-
Philadelphia Suburban Water Co.,
•
$3.65 preferred*-(quar.)_
& Co.—
$15
common,
2nd
$1.06%
—
1-31
1 t2 1
Corp.—-Co.,
Chemical
1-28
$1.06'%
Hibbard,' Spencer, Barlletf & Co. (year-end)
Holly Stores, Inc., 5';
conv. pfd. (quar. i_ —
Holyoke Street, Railway, pfd. (quar.)—--uc'Hodker Electrochemical Co., common (quar.)
Cement
Philadelphia
•
—
preferred
2-15
Common
mon
1-31
quarterly
35c
20c
—50c
pfd.
5%
Corp.
Semi-annual
2-10
50c
(quar.)
pfd.
5%
Co.,
(quar.)
Investment
Peoria
2-15
$22 %c
50c
A
2-15
2- 1
2-15
,25c
2-28
4-
50c
class
59%c
50c
20c
Extra
25c
V----
1-31
1-31
———------
Transportation
$$5
1
Ltd..
preferred
4%
10c
$1.25
—-----
Co.,
A.)
5-10
25c
.——
2-15
B
Pipe Line,
2-15
$12%c
Hormel
East
2-15
(quar.)..——
$4.25
Panhandle
5-25
$1.25
1
50c
common—
.
Light,
$1
-•!;—
1-28
(quar.)__—
&
12 %c
(auar.).
2- 1
4- 1
3- 1
preferred (quar.)——.
preferred (quar.)
——~——
redeemable preferred (quar.i—
50c
(quar.—
California, cl. A (quar.)
1
F.),
(J.
&
5-10
pfd.
>
(Ml
Harts
Gas
5-25
4
class
Corp.,
25c
(quar.)—
2- 1
preferred,-(quar.)
Mills
pfdl
$$1
22l/2c
$25c
$$1.75
1-15
5%%
2-
:%
Falls
4'/2%
Power
5%
1-25
A
Oswego
5%
—-
1-24
2- 5
common...—
Glass
(Ohio),
Co.
Pacific
—_____
2- 1*
51
Casualty Insurance
Pacific
(quar.
( quar.
•
.
Ohio
1
(s-a)
Co.,
Co.
Gas
Common
'3-1
(quar.)—
Can
American
2- 1
(quar.)
Distilling Co. (quar.)
^
Encaustic Tiling Co.
(quar.)
Equitable
Assurance
of
N.
1-21
(quar.).—————
Co. (s-a)——
A
2-15
3-31
1
"
E'xl ra
preferred
3-10
2-
Ltd.
of
Co.
-1
Extra
4%%
Gas
4-15
2-
common..-—-—
5'/
Cotton,
Oil
Class
2-15
1
Natural
2-15
Dredge & Dock Co. (quar.i
Northern Railway Co. (irreg.)
Bros.
3-
5
2-15
Lakes
Hancock
Oklahoma
1-19
5c
< quar.)———_——
Assurance Co. (increased)-
Great
Hamilton
3-
$1.12%
'
1-20
25c
$1.12%
2-28
3-25
37 %c
Corp.
Greer
Hale
1
1-29
2- 1
1-20
2-15
$50c
______
Corp.
Semi-annual.
15c
(quar.i
(quar.)
Co.
2- 1
$1
15c ,"
—
—-
American
share
pfd.
Utilities, Ltd., 4%
(quar.)
American
$1.75
—
Ltd.
Book
American
l-3l
Ltd.—
(quar.i
Manufacturing
Petroleum
American
1
12-30
$25c
Corp.
<
Goods
Amerada
1
(s-ai
3-10
10c
——
(quar.)——
Waterworks,
West Life
Great
2-
3-15
8-
1-14
3- 1
1-25
25c
—
Aluminium,
40c
_
(Charles F.),
(quar.i:—_
C
1-31
■
1-15
2-1
85c
Appliance
preferred
Extra
'
Iquar.)
(quar.i
6% preferred (quar.i-Ogilvie Flour Mills, Ltd., common (quar.i7%
preferred
(quar.)
15c
(quar.)
preferred
Gerity-Michigan
•> Great
1-15
30c
——r
preferred
Corp.
Industries,
General
1
20c
___—•—
25c
common-
—
General
Noyes
1
2-
quarterly
25c
Foods
Extra
Northwestern
3-
1-28
Co.
Fire Insurance
87 %c
common
2-16
$1.25
50c
4%
1-27
1-25
Ltd.__
Stores,
of Canada,
Co.
Aluminum
2-15
50c
$l5c
v
(quar.)u—
corp.
Aluminum
American Oil Consolidated—
Increased
10c
(s-a 1
convertible
General
t
A
North
1-26
;
Corp.,
preferred
y'4 :;
■
Finance
New
2-15
( actum, I-j.-a——
preferred
conv.
General
York
3-15
1
50c
preferred A (quar.)——————
Garwood
5%
(reduced)
7-31
2-25
interest
preferred
$15
(quar.)——;
Co.
1-31
(accum. 1
A
class
7%
Co.,
1-31
$1.12%
—
(.quar.>„———
Securities Corp.,
1-31
2-15
8-15
35c
(quar.)
——
Company, common——
"S1.50
'
Co.
preferred
Gabriel
■;
Oil
Industrial
Si.50
pfd.
2-15
$1.25
40s
.—
Rubber, 4%'%
Corp.—_
2-15
Shoe
Co.
Electric
Alberton
20c
1
3-
$25c
—
—
Co.—
'—
& Company (reduced)——
Bros.
4-
$2
75c
West Sixth
Four-Twelve
1-22
2-23
2-15
a
Surpass
Payable 0/ Rec.
25c
$1.25
—
Inc..-,—
Straus,
Reduction
American
beneficial
of
Certficates
„
1 quar.i
(quar.)—,
Corp—.—
Enamel
Forro
Process
$1.50
preferred
5%
Corp.
New
$1.25
.
RR.——
Ltd.,
Mills,
1-19
1-19
—
pfd. (quar.i
Equity
Federal-Mogul
1-31
1-31
50c
(quar.*)--^.-^--—-,-r—,
Capwell Co...—.——-—
Corp., $3 conv.
preferred (quar.)
Esmond
2- 1
—
.1
-
&
Air-Way
7-22
England Fund—
25c
Emporium
&
1-22
10-29
—
Inc
Agnew
15c
Co.,
P,
HoU'eft
When
Share
-
Adams-Miilis
2-10
'
participating
T
Abraham
:
Co.—
Mur
25c
preferred
:
3- 1
(initial s-a)
common
4-
Associates, $5 pfd. (accum.i-_
Corp. (extra)——
Emerson.Drug Co., class A
8%
1-15
2- 1
50c
37Vac
1
/
(s-a)——————
$1.50
Empire Dictrict Electric Co., 51;
-
(quar.i
—
—
preferred
Per
10-19
,
we
Name of Company <
A
4-22
preferred
6%
(special)
Co.
$1.75
—■
T
1
—a—12V2c
Works,
B ,(accum.)_—
preferred
$6 preferred
Eastern Sugar
KleCtrograpnic
2-
2- 1
5- 2
8-1
———_——
Iron
National Paper & Type,
1
(Maryland)—.
Corp.
$7
2-15
2c
2c
2c
2c
——.———————
National Lock
2-18
2-
2-15
$1
National
3-18
1
4-
$1.12%
-
2-28
2-28
Air
—1.———————
Quarterly
4
3-22
1
—
——
•
Quarterly
1-28
2-15
'50C
3-16
Machine Co,—
Welding
A ( accum. )._—
Slate;
Eastern
1-28
35c
—
iquar. 1.
Quarterly
Quarterly
1
2-15
,1
25c
*.»■
'
:.-■•
..
Mfg.: Co.a————
Dwight
2-15
1
$62 %c
-
.-
f,
4- 1
4- 1
4-1
Payable of Rec,
_
Co.,
—.
t,
2-15
National Electric
(increased.
common
1-14
2-
•,
————-—-
common
1
'
(quar.)--——
preferred iquar.
Dun" & Bradstreet, Inc.,
.
1
3-23
■lbc
—
4%
t
3-
preferred A (quar.)————
Dravo
■
2-
Ltd.—
Investment,
(accum. 1
Dominion 'Stores,
1
t-
pfd.—_
Corp., Ltd.—
Dtotlesan.• Investment• Trust. Knaves,
DOittinioii-Scottish
3-
50c
Knitting
____ __
$37 Vac
$17 Vac
class A
Davis Leather Co., L'.d.,
Company,
S.)
(J.
Monarch
2-15
2-2G
10c
Share
"
Ltd. (increased)
$$1
Ltd.__—$25c
4%%
preference
(quar.)_..—~
—
$$1.12%
Moody's Investors Service, Inc.—
$3
participating preference
(quar.)—^
75c
Nation-Wide Securities Co., Inc. (Colo.) —
SSries
B
•
11c
National Alfalfa Dehydrating & Milling Co.—
.
■/; 5%
preferred
(quar.)—--.;—.
62%c
Mitchell
Below
i
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
preceding table.
...
Ptiyable of Reo<
LV'"■ 1
Delia's Railway & Terminal Co., com. (quar.)
7%
preferred (quar;)—'—
Daring (L. A.) Company
—
*
Holder's
When
Per
Holder»
When
Per
$1.06%
3-
1
2-15
1-31
1-21
Industries,
convertible
Inc.,
90c
common
preferred
iquar.i__
(quar.)
Combing Corp. of Canada, Ltd.—
Wool worth (F. W.) & Company, Ltd.—
Ordinary (final)
4%%
York
convertible
County
Gas
American
deposit receipts ordinary
1
2-15
British
Columbia
4-10
3-25
British
Columbia
3-
7%
2-28
preferred
Columbia
British
6%
2nd
com.
25c
$1.12%
3-21.
3-15
2-28
preferred (quar.)_
(increased)—
$1.12%
75c
3-15
2-1
2-28
Common
1-15
Class
prior
Co.
25c
31 %c
Broadway
B
Forest
Telephone
preferred
|
8%
$15c
(s-a)
2-25
2-
1- 5
1
12-29
$$1.75
2- 1
1-15
$$1.50
Paper,
i- 1
1-17
25c
2- 1
1-T8
25c
2- 1
1-18
Ltd.—
(accum.)
Co.—
(quar.)
Department
(quar.)
(quar.)
Products
Pulp &
•
(final)
Stores,
Inc.—
*_
.
46
Co.,
Brown
Burns
Class
1-19
Davenport
$1.50
1
1-19
Davidson
3c
2-25
2-15
Dayton
$1
2-
1
1-12
Class
1-
7
Delaware
Power
1-
7
Dennison
Manufacturing
730c
4-7
7-
J 30c
10-28
760c
1-28
J 30c
4-28
730c
J 30c
—
Quarterly
.Quarterly
Quarterly
Mills, Ltd.,
Linen
common
10-28
(quar.)
Northern
1-15
Dividend
1-15
Dobbs
720c
75c
22-
1-14-
2-15
1-31
62 Vic
2-15
1-31
$1.80
1-25
1-11
2-
1
25c
2-
1
2-
1
3-21
$1.75'
1-25
12-20
2-1
12-28
Corp.,
Carson.
Pirie,
Ltd
Extra
N.
*2-
1
1
1-10
720c
2-15
1-26
1
12-31
7$ 1.25
2-15
1-28
7S1.75
2-
1
1-10
2%
Central
Power
3-15
6-15
2-
1
1-10
3-
1
2-11
$1.12%
3-
1
2-15
,40c
4-
1
3-12
$1.75
4-
1
3-12
2-28
2-15
1-31
1-
7
1-31
1-
7
730c
1-31
1-12
720c
1-31
1-12
50c
Chain
—
50c
25c
""
13c
Corp.
of
2-28
1-31
1
1-21
2-
a
2-
1
1
Common
Common
1
1
1-
2-
4-15
3-
25c
(quar.)
7-15
6-
8
25c
10-14
9-
8
$1.25
3-14
'L.
(increased)
—
_—
Cincinnati Gas & Electric Co.,
Cincinnati,
&
Orleans
New
Citizens Utilities
Co.,
(initial
preferred
3-
$1.25
2-liT
1
$-1.25
9-
1
0-15
,
25c
2-15
62 %C
2-
2-15
25c
s-a)
>5-15
1
$1.25
.
6-
3-31
1
(s-a)
common
1-17
7
Pacific
V
—
tity Ice & Fuel Co. (quar.)—
1st preferred
Class
A
(quar.)—
(.)
Ry.,
5%.
.___
Chicago
Cincinnati,
Cleveland,
(quar.)
$5
1-14
1-31
2-15
1-20
55C
common
4-
1
Clinton
f
Industries
Monthly
Monthly
.
1
20c
3-1
2-16
4-
1
3-16
20c
—
,.
„
———
-
Convertible
(quar.)——
preferred
8r Kleiser
^Foster
'
Common
(now
20c
3-
1
2-
1
6%
prior
preferred
Common
6%
(quar.)
20c
6-
1
5-
2
6%
prior
preferred
Common
(quar.)
720c
9-
1
8-
1
Corp.
725c
1-31
quarterly basis)
a
Co'llingwood Terminals, Ltd.,
common
Carbon
Commonwealth
^■omrp.cnwealth
Corp.,
preferred (accum.)
Connecticut Light &
Pwr., $1.90 pfd.
(quar.)
—
—
Extra
Froedtert
3-31
3-15
1-20
2-15
2-
3-10
2-15
1
1-13
$1.06V4
50c
-
.
47%c
50c
$5
Edison
Co.
of N.
2-
1
1-
5
General
Baking
1
1-
5
General
Cable
1
2-15
General Electric
4-
1
3-20
General
Foods
General
Metals
Mills,
—
pfd. (quar.)
Cooper & Steel Industries—
preferred
2-
1
1-
3-
1
6%
2-21
7
Refining, common (^uar.)
Co., Lta., common
Crown
Crum
Cuban
Cork
&
&
Forster,
Seal,
8%
Ltd.
(quar.)
preferred
(quar.)„
preferred
General
3-
1
2-
$1.50
1
General
1
Paint
2-15
2- 1
2- 1
Co.,
Corp.
2-
1-25
1-
2-
Class
1-18
725c
1
3
750c
2-15
3-31
A
B
-
.
preferred (s-a)
General Public Service Corp.—
3-15
preferred (quar.)
preferred (quar.)
$6 preferred
(quar.iGeneral
Public Utilities
(quar.)
$4
conv.
$5.50
American Sugar
7%
$1.75
4-
1
3-18
7%
$1.75
7-
1
6-17
$1.75
9-30
9-16
preferred (quar.)
preferred (quar.)———
7% preferred (quar.)
Cuban
5%.
6%
Atlantic
preferred
preferred
Sugar,
(quar.)^
General
.
common
(quar.i
(quar.)
—
4-11
4-
1
3-17
$1.25
7-
1
6-16
$3.50
Shoe
Corp.,
preferred
common—
(quar.)
3-17
$1.25
50c
37Vic
(quar.i
Corp., Ltd.
General
5'/«
Steel
Ltd., common.
(quar.)
Wares.
preferred
$50c
750c
t$2.50
5%
1-14
$2
preferred
1-10
2-15
2-15
2- 4
2- 4
2-15
6-29
6-29
7-15
7-15
6-29
7-15
~
.
$1
$1.37Vi
$1.50
20c
12-31
2- 1
2- 1
2- 1
12-31
12-31
2-15
1-14
62Vic
87V,2Ci
1-31
2-15
2- 1
1-18
1-31
720c
7$1.25
.
1-18
1-17
1-11
1
1-15
3-
1
2-15
1-25
12-31
lc
25c
2-
1
1-
37'/2C
2-
1
1- 5
25c
3-
1
20c
2-
1
1-10
65c
2-
1
i-'l- 3
30c
1-29
1-17
62 V2C
2-15
1-29
2-15
1-29
50c
2-
1
1-12
$1
(N.
(quar.)
com,,
2-
1
Z.Z.Z.
1
Y.)
.ZZ..ZZZZ
Co.,
,
2-
4
3-
1
2-
4
2-15
1-28
2-
1-21
1
2-
2-15
1
725c
Co.
of
2-
1
12-30
(increased
25c
2-
1
1-10
50c
2-
1
1-15
20c
2-
1
1-10
1
12-21
quar.)
Canada, Ltd.—
2-
725c
Telephone" $2~pfdZTquar.)
50c
1
1-15
2-
1
1-15
3-10
3c
(quar )
2-
15c
16c
Corp.
1-31
'
Corp.—
Bond
Group
Corp.,
1
56 'AC
(quar.)
3-
»
12-31
25c
2-28
1-31
30c
2-
1
1-20
$1.12%
2-
1
1-20
(quar.)
common;
(quar.) ____ZZZZZ
Ltd. (extra)
preferred
4
3-
Corp.—Z
(quar.)
RR.
2-
25c
ZZZZZZZZZZZZZZ
ZZZZ.ZZZZZZ
Co.
5
1
75c
(quar.)
common
3-
3-
10c
Group: Shares;.
ZII
Nickel
preferrea
7$t
1-29
1-14
_LLLA
Business
5%-
1-28
1- 7*
2-
1
1-
2-
1
1-14
25c
3-
1
2-10
14c-
Machines—
dividend
International
1-15
3-15
10c
(s-a)
Silica
International
2-18
50c
ZZZZZZZZZZZZZZZZZ
Brownhoist
and
5
Co.
(quar )
Co.
preferred
4»/a%
1-18
2-
20c
(quar.)
B
Power
1-28
$1.25
Z_
_II
Co.
Canada"-'LtdZ—
ot
(quar.)^
—
*
m.75'?
3
Resistance Co.—
convertible
preferred*
(quar,)
7%c
International
Utilities Corp.
(quar.)
Stock
Fund, Inc.___
Ironrite Ironer Co., 55c conv, pfd. (quar.)_
2-21
1-31
13%c-
1-31
1-15
Jacobs
(F.
62VaC
1-31
.1-15
Jaeger
Machine
40c
3-10
Investors
1-10*
Products Mfg.
Class
1-18
70c
90c
—
Bit
$1.50
37Vic
25c
Advertising
Outdoor
General Phoenix Corp., $1
31 Vic
Brick
Stock
1-20
■
(quar.)
preferred (quar.)
$3.75
1-19
(quar.)
Inc.
preferred
1-25
5%
Terminal
Ititeriiacldnal
2- 1 :
(quar.)
—>--(quar.).:
series pfd. (quar.)
General Motors Corp.
1-25
2-15"
dividend
Iriter-City Baking,
1-14
1-15
1-17
1-17
2-17
General
1-15
1-10
1-25
2-15
2-
$1.50
Stock
1-31
2- 1
1-31
1-31
3-11
1-15
1
2-15
$1
..ZZZZZZZZZ
Co.
preferred
6%
4
35c
ZZ
Interchemical
12-31
1-14. v
25c
2
2
——
1-10
(s-a)
Insurance
12-31
common
(quar.)
2-
1-25
6'/2%
preferred
(accum.)
Institutional Shares, Ltd.—
1-24
1-31
1-10
pfd.
1-10
-•
37V2C
"(quarZZ
(quar.)___.
Car
preferred
7%
1-10
2-15
~
Y.)
Power
Industrial
»
2- 1
2- 1
2-
$1"
Co.
Motor
Indiana Associated
3-15
6-15
9-15
$1.25
9334c
,
$3.50
Corp.___-
Co.
Industrial
.
1-15
1-31
1-31
(quar.)
Imperial Tobacco Co.
1-24
15c
25c
50c *
87Vic
50c
50c
common
Co.
Corp.,
2-
$1.25
Sound
4%
3
1
Co.ZZ."
&
Company,
Lighting &
Illinois
1-
2-
(quar.).
(quar.)
Hardcrt
Illinois
1-18
1-31
ZZZZZIZZ
Co
(N.
A.)
preferred
Illinois
,1-14
1
$1.25
(quar.)
(quar.)
(George
5%
3-
1
13c
(quar.)_
common
Hydro-Elcctrk: Securities
1-14
1-14
,$1.06 W
(quar.)
Co.
preferred
$2.25
•
22-
68 %c
5c
preferred
Power
Inc.
&
5-
3-15
$1.12'/2
Company
Holding Corp;.
Hussman Refrigerator
1-24
1-24
$1
11-
25c
E.i
Water
Stock
12-29
12-17
1-10
1-31
A
common
37 %c
1
•
Corp.,
Huron
4- 1
7- 1
10-1
2- 1
1-25
2- 1
2-15
2- 1
Co..
3-
(quar.)
12-
40c
preferred
Extra
t50c
(quar.)—
8-
725c
Corp.—
preferred
Insurance
Hudson
2- 1
*•'
9-
93%c
5%
5%
Howe
1-5
1-17
Corp.,
10c
v
•"
2-
6-
SI
(Charles
$4
1-14
1-14
1-14
2- 1
2-1
series
preferred
$4.25
1-31
General
of America, 4%
com.
pfd.
4%
' _v
2-
3-
725c
(quar.)
Co.,
Chocolate
Houston
Transportation—
American
2-
2-
Corn Products
Craig
Co.,
Gardner-Denver
1
Y.—
(initial quar.)
Corn Exchange Bank & Trust Co. (N. >Y.)—
Quarterly
--5%
•
7
Malting,
(quar.)
"Gabriel Company, 5% conv. pfd. (quar.)—
Gamble-Skogmo. Inc., common (quar.)——
5%
preferred
(quar.)
$5
preferred (quar.)—,
Continental
2-
1
common
new
&
■
3-
725c
725c
(quar.)
Bartiett
Horn
tl2V2c
HVfec
55c
I2V2C
20c
62'/2 c
1
(initial)—
preferred
$2.20
$1.50
quarterly
Container Corp.
>2-15
75c
'
Increased
2-
2-15
74c
Consolidated Dearboin Corp—
Consolidated
7
37 %C
Ltd.,
Grain
v
3-10
6-10
15c
Products
convertible
6%
15c
10c
—
37 %C
(quar.)
B
1-25
2-15
•
7
.
6% pfd. (quar.)
Connohio, Inc., 40c preferred (quar.)
Consolidated Chemical Industries, Inc.—
$1 participating preferred class A (quar.)
Class
Cos.,
1-10
General
-$2 preferred (quar.)
Connecticut River Power,
r
Fraser
1-31
2-15
15c
Co.
jtoncord Gas (New Hampshire)—
7%
Stores
Extra
1-10
87 %C
Inc. (quar.)
$4.25 pfd. (quar.)
(quar.)—.
Edison Co. (quar.)
International Corp. Ltd
Gas
Pictures,
,
Franklin
50c
(quar.)
System,
Columbia
Columbia
Columbian
common
(quar.)
preferred
$3.50
preferred
725c
Preference
Coigate-Palmolive-Pect,
f
v
prior
3-30
6-30
Lt<L
40c
(reduced)
preferred A
(quar.)
Hormel
37'/2C
37V2C
37V2C
(quar.)__
Plow Co.—
on
Steel
11
1^15
2-15
12'/2C
(quar.)_
Co.
Foster-Wheeler Corp.
1-15
(quar.)
common
Powder
Hordcr's,
2-10
2- 1
Co.
preferred
Jantzen
L.)
Co.,
Common
Stock
5%
preferred
Co.__^_____
Knitting
(quar.)_
„
20c
dividend
•
2-
;
1
4-%
preferred
(quar.)_
Jewel Tea Company, 33/V%"
pfd."Tq~uar.]T~"
Johns-Manville,
preferred (quar.)
2-
1
1-15
$1.25
3-
1
2-25
2-
1
S-10
$1.
933/iC
2-
1
87 %c
2-
1
Johnson <fe Johnson
4%
2nd
4%
2nd
preferred A
preferred
Kalamazoo
Stove
Si
(quar.)
3.80%
preferred
Stock
$1
preferred
Inc.,
(quar.)
"
Rubber & Tire Corp.
iquar.)
Kings County Trust Co. (Brooklyn
Kokomo
Kresge
~N
Y
(S.
S.)
common
Laura
Lees
Secord
(James)
Lehigh
6%
Company
&
Dye
4'/2%
Brothers, Ltd
Printing Co.,
Lincoln
$3.50
Lincoln
preferred
Q
Belt
Works.
$1
2-
1
1-10
4-
1
•3-22
2-10
■1-10
5c
15c
2-25
)•"
2-15
712 y2C
2-
1
2-
1
l-14f
2-
1
1-20*
2-
1
1-25
1-31
1-17
v
12-11
(quar.)
2-
1
1-17
2-
1
;i-n
3-11
2-18
10c
y
'
Co.
"
(quar )__
preferred (quarT
2-10
50c
2-15
1-31'
$1
3-15
2-25
720c
3-
I
2-
96y4c
2-
1
1-15
50c
3-
1
2-
$1.12%
2-
725c
50 c
—ZZZ1
Life Insurance Co.
Indiana)
(quar.)
Co.
1-10
37 %c
50c
common.
(quar.)
National
Wavne.
Link
5
1-10
.
$1.50
"pfd "lauarT
(quar.)
Cement
Lerner Stores Corp.,
Lewis
1-20
1-20
'20c
Candy Shops, Ltd
& Sons, 3.85%
pfdZ'lquarZ)""
Portland
30c
40c
4
34 %c
Works,
Blcachery
2-
$20
(quar)
L'Aiglon
Apparel
(quar.)
,_IZZZ
Lafayette-National Bank of Brooklyn in N
Lanett
2-15
)Z1
preferred
Water
1- 4
25c
56 Vic
(quar)
—'
Inc.,
1-31
50c
preferred
Lee
Stores,
1- 2
1-
1-31
•
~
preferred- (quarZj"
4%
4(4%
Quarterly
1-31
15c
common
Kirsch
Company, $1.50 preferred
(quar)"
Knight Screw Products (Detroit) (resumed)"
Knudsen Creamery Co., 60c pfd. (quar )
Lamaque Gold Mines, Ltd. Mirreg.)___
$1.37'/a
2-14
ZZZZIZZZ
(extra)
_
Kobacker
3-
1
$1.25
common
Company,
Bryant,
2-14
95o
Extra
Lane
3-
Gas
Supply'coZ,-
&
Co.
Inc.,
1-19
$1
pfdZ"(qZi"ar7
(quar.)
Kennedy's.
&
2-
2-
10%
Kemper-Thomas
Kingan
1-14
2-
—
Kellogg Switchboard
5%
2-
87%c
Co
(quar.)
Natural
dividend
1-18
*1"10
25c
ZZZZZZZZZZZ
B
Furnace
Kansas City Power & Light, 4%
Kansas-Nebraska
1-15
10%
5% preferred A (quar.]T.__IZZZZZ"rT"""~""
Jersey Central. Power & Light— ; /
■*
2-24'
Mills-
(cash dividend)
,
(quar.)
(quar.)
(quar%v-
Cockshutt
!
—
1
Corp
Company
Holyoke
J"1®"
1-18
1-15
1-19,
2- 1
2- 1
15c
10c
15c
Canada"
Holly Development Co. (quar.)
Holly Sugar Corp. com. (quar.)
5% preferred
(quar.)
Holt (Henry)
& Co., Inc.
$1 non-cum. class A (quar.)
3-16
1-20
4-20
7-20
10-22
A-1-,19V1-13
2- 1
/'.93%C.-
1-13
2-
$1.25
Monthly
Higbee Company,
12-31
12-21
1-25
1- 8
1-17
1-24
3- 1
1
Extra
&
Extra
—
————
Machinery
1-21
2-
50 c
(quar.)
Hibbard, Spencer,
1-17
1-28.
1-28
2- 1
1-31
-
1-21
1-31
725c
Chemical
Hcrshey
1-15
1-11
—
1-14
20C
7
-
3-10
2-
$1.12%
(quar.)
(monthly)-—
preferred
(quar.)
1-31
Common
2-11
1-25
2-16
RR.
ZZZZZZZZ'Z
2
;-_____ZZ
ZZZZZZZZZZZZZZZZZZZ
....
Mfg.
Home
2-16
$1.25
Quarterly
33A%
1-31
1-31
.$1
(quar.)
preferred
Chemical Corp.—
3% %
preferred (quar.) l^.__.
Foote Eros. Gear & Machinej com. (quar.)i_
1-14
■V
—
■
$4.50
5
Food
—
Illuminating,
Electric
Cleveland
1-
1
1-31
Extra
Hires
1
50c
—
Hercules
12- 4
3- 3
1-31
Ohio
Hercules
3- 1
25c
2- 4f
$7.50
—
preferred
Hecht
20c
25c
-
Tanning
&
preferred
Hayes
1-15
2- 1
o
1-31
2-15
25c
t
(quar.)..——
Electric Light Co. (quar.)
Corp. of America, 4'/a% pfd, (quar.)
Haydock Fund, Inc., new com. (initial)
1-15
'
2-16
.
$50.
Inc.
Hat
25c
50c
4V4-%
convertible preferred (quar.)
$i.0GV*'
'Fibreboard Products, 6% pfd; (quar.)
$1.50
Fidelity & Deposit Co. (Md.) (quar.)
_
$1
-Florida Power & Light Co., 4V2%
preferred
$1.12V2
5
$1.25
(s-a i _c__.
common
preferred
.2-
Louis
St.
&
1-
t
«
2- 7
2-
$5
Hartford
Derrick & Equipment—
Common
2-1*
3-15-49'
,;'2» 1
30c
(quar.)_
City Stores, common
.•
30c
*1;75
(quar.)
1
3-10
City of Paris Dry Goods Co.
l,-„V7o
1
2-
" ; '
v
Corp. (quar.)
Group Associates (quar.)
Pfleger
Mobile
Harshftw
4-15
7-15
r?
1-14
.
l-lo
2-15
3-15
3-21
15c
2-25
2-15
Brewery Co.—
(initial).
preferred'
$4
2-15
Western
Quarterly
3- 1
6- 1
9- 1
12- 1
12-29
1-24
65c
"
1-14"
I
3-15
725c
750c
—
Quarterly
1-12
Eppens Smith Co.
Esmond Mills, Ltd.,
2-14
2-15
35C
common
Texas
5% preferred (quar.)
—
5 % preferred (quar.)——
5% preferred (quar,.)
2-15
Products, Ltd
*,J t50c
1-31
(s-a)
;
$2
2-1
5% pfd. (quar.)
,
125c
2-15
Fairbanks Co., 6% conv. preferred (quar.) _ ;
$1.50
2- 1
Fajardo Sugar Co. (extra)
$1.50
2-15
Farmers
&
Traders
Life
Insurance
Co.
.
Quarterly
$2.50
4- 1
Fashion Park, Inc. (quar.)___„_^—
50c-! 2- 1
Quarterly
:
50c
5- 1
Quarterly
—
50c - 8- 1
Quarterly
— --—
50c
H- 1
Fedders-Quigan Corp. (quar.)2____—25c.' i 1"28
Federal Grain, Ltd., 6%%
pfd. (accum.)—
$$4vl2 :: r2r 1
Federated Department Stores, Inc.—
v
8
__
Chrysler Corp.
25c
(year-end)
Watch
4%
convertible
Enamel & Heating
1-10
15c
1
$1.12Va
2- 1
2- 1
Millwork
Extra
7
25c
7:-
30c
(quar.)
preferred (quar.)
Nut Corp. of American (irreg.)
Employers
3*
Emsco
•-
common
Ely & Walker Dry Goods—
Common
(cash
dividend)
—
Oil
(quar.)
(quar.)
Common
22-
1-
1-25
2-25
3-25
Stop
Empire
1-20
40C
Co.,
.
1-20
2-1
2- 7
21c
21c
21c
(monthly)
Elgin National
Quarterly
1-15
2-
87 %o
JS1
".
-
Products
Elastic
75c
(quar.)
York
New
(quar.)
Corp.
Chicago
5%
1-15
$1
National'Bank
Chickasha Cotton
,
1
2-
3-15
6-15
9-15
12-15
1-25
2- 1
5- 2
8- 1
11- 1
Monthly
Ekco
—
Chesapeake & Ohio Ry.
3'/a% convertible preferred (quar!)
,
2-10
56 %c
(quar.)
Extra
Chase
1-10
37 Vic
(Mass.)
Estate
Real
1
3-1
20c
(quar.)——__
(quar.)
preferred
2-
$1.50
$1.50
$1.50
$1.50
$5
$1.50
$1.50
$1.50
$1.50
.*.
....
1-14
1
50C
Quarterly
Ry.—
A
A
Steel
Edgewater
Monthly
1-25
1-18
1-31
(s-a)
(quar.)
(quar.)
6% preferred A (quar.)
6% preferred A (quar.)
6% preferred B (accum.)
6% preferred B (accum.)
6%
preferred B
(accum.)
Jo'fo preferred B (accum.)
6% preferred B (accum.)
Eastern
Theatres,
Ltd
preferred
preferred
4Vi %
Copper,
Investment Corp.—
Store
,
Massachusetts
6%
85c
Pasco
Store
4% %
Chuin
75c
30c
$1.50
25c
(quar.).
Co.
—
2-
commons,..——
(resumed)
7%
1-14
1-24
25C
Ltd.....
Company,
$5
1-10
1-10
1-25
1-25
(quar.)
"--2
L.)
$5
1-31
1-18
'
87'/2C
$1.12V2
(quar.)
Corp.
6%
t
—
$1
West
South
&
de
Cerro
Coast
Pennsylvania RR.
Eastern
4-15
7-15
-
710c
(quar.)
preferred
4%
Central
.
&
East
East
Eastern
25C
(quar.)
Co.
Electric
2-15
2- 1
130c
25c
(quar.)
(quav.)
(quar.)
preferred
preferred
$3.50
$4.50
710c
pfd.
1-20
1-24*
56'4c,-
Gypsum Lime & Alabastine of
1-14
1-20
1
Inc.
A'
Griess
1-14
1
2-
40c
—
B
5%
:
1-10
2-
15c
—
25c
debentures
•
2-15
1-31
25c
debentures
(H.
Gulf,
3-15
750c
(year-end)
St'' Western RR.,
Griesdieck
12"^1
17c
Corp.
(s-a)
(E. I.) de Nemours & Co.—
Pont
2-15
2- 1
2- 1
,
$1.25
_—
Co.,
1-21
2-15
"
Extra
1- 3
1-15
l$1.121/a
130c
Coal
1
3-15
37V2C
Income
■
(quar.)
preferred
Ltd., 4.80%
Dupuis Freres,
Duplan
du
2-
Paper Co., Ltd.—
Paper Co., Ltd. (increased quar.)..
Ducommun Metals & Supply
(quar.)
Dryden
1-15
2-
125c
Ltd
common.
Income
^
125c
convertible
4V2%
3
76c
3.40%
Light Co.
Power,
Y.
1-
2-1-49
2- 1
Ltd.—
(quar.)
Donnacona
1-17
1
Bay
Green
1-20
1-20
1-31
130c
Woollens & Worsteds,
West
'1- 3
$1
1
Stores,
(quar.)
preferred
Green
1-7
1-7
1-31
t40c
—-—
Co.,
(year-end)
Great
1-15
1-13
2-1
2- 1
..
B
$2.25
"
:
Chemical
&
Tar
Common
12-31
1-31
—:—
Extra
Dominion
710c
Electric Co., coni,__
pfd. (quar.)__.
(Texas) —
&
Gas
Hudson
Central
7-15
2-
721c
722 %c
i.
Central
1-15
1-31
Co.—»
Scott &
1-10
7-30
718%c
Ltd,
(year-end).—
(year-end)
common
Quarterly
1
1-31
"
preferred (quar.)_
Caterpillar Tractor Co. (quar.)—
Celotex Coip., common
(quar.)
,5%
preferred (quar.)
:
Celtic Knitting Co., Ltd. (annual)«...
;
2-
715c
7%
,
1-10
„
f25c
J$1.25
„
preferred
Dominion
preferred (quar.)
I.) Company, common
(J.
1-10
1
715c
f^5c
J37V2C
(quar.)
—
Dominion Oilcloth & Linoleum Co., Ltd.—
1
2-25
2- 1
2- 1
2- 1
Company,
Grayson-Robinson
:'
(quar.)
Common
2-
Investment
Carrier
4% %
2-28
1
2-
7$1.25
Fund
—;
Canadian Investors Corp., Ltd. (quar.)
Canadian Oil Cos., Ltd. (quar.)
Canadian Pacific Ry. Co.—
4% non-cum. preferred (s-a)
—
,;
(Payable in pound sterling)
Canadian Utilities, Ltd., .5% pfd. (quar.) —
Canadian Vickers, Ltd., $7 pid. (accum.)
Canadian Western Lumber, Ltd.
Quarterly
Li——
Quarterly
Carolina Power & Light, common-
Case
4-
750c
—
(quar.)
common
Fabrics,
C.)
1-10
12-IS
1V28'
America
(quar.)_
com;
Gotham Hosiery Co. (quar,).
Grafton & Company, Ltd. class A
Grand Union Co.
(quar.).—
1-17
2-17
3-17
1-31
1-31
1-13
2-25
t$l
t20c
—
-
-
Ltd., common.^..
6% 1st redeemable pfd. (quar.)...
2nd conv. preferred (quar.)
Dominion Malting Co., Ltd.
725c
Industries,
Canadian
Extra
725c
& Foreign Securities,
J30c
(quar.)_T
(H.
preferred, (quar.)
Class
.
1-31
2-28
3-31
of
—
Gorham, Inc., class A
12-22
1-1T
1-15
2-15
2-15
,
25c
25c
25c
Common
7
1-
715c
Year-end
A
*
Co.
convertible
6%
2-15" 2-1
1-31
12-31
2-1
1-24
31V4C-
(quar.)
pfd.
•
' 2QC
tl7V2C
(quar.)
5 c/o
Corp.,
Dominion Bridge Co., Ltd.
Dominion
quar.)
Canadian
—-
—
Common
5%
Canadian
40c
2c
15c
10c
'
3-3
1-31
2-1
3- 1
3- 1
7%%
v
-
Oil Fields Co.—
Dominguez
2-21
1
2-
7S1.50
preferred (quar.)—
•Canadian Collieries (Dunsmuir),
Regular
Canadian Converters Co., Ltd.—
(interim)
2-
Republic Insurance
Godman
1-19
2- 1
25c
&
preferred
(quar.).
Goodyear Tire & Rubber Co. of Canada^ Ltd.
4 % • preferred
(quar.)
•
1-10
1-25
1
$5
12-31
2- 1
\
737%c
,—
Credit
*•
2-
Semi-annual
•
Mines,
Domestic
1-15
732 %c
5%
Class
Dome
1-15
30c
—.
(initial
■
(quar.)
Inc.
Manufacturing Corp.
Ltd..
Dodge
1-15
Bronze Co.—
common
,
Common
50c
Canada
New
Shares,
Houses,
Additional
1-15
Ltd
Power,
Corporation
2-
,
Southern Ry. (s-a)__,
Canadian Breweries, Ltd. (quar.)
Divco
rets, ordinary
(quar.)
Inc
deposit
American
1-15
2-
(quar.)
preferred
:
convertible class A preference.
Distillers Co., Ltd.—
1-15
1
2-
—
preferred (quar.)—;
$1.20 preferred (quar.)
Canada Cement Co., Ltd.. $1.20 pref. (quar.)
Canada Foundries & Forgings, Ltd.—
Canadian
7
2-
$1
7%
10-
4%c
12 %c
$1.25
Goodyear Tire & Rubber Co.,
1-24
1-24
„
1-25
«2%c
(quar.)
preferred (quar.)"
Safety Razor, common (quar.)—
preferred - (quar.)
:
Globe
_V
2-15
2- 1
25c
$2
$1)12%
$5
1- 3
-
——
$1.50
62 Vic
Participating
——
California Electric Power, $3 pfd. (quar.)
Packing, common (quar.)
6%
preferred (aiiar.)
California Portland Cement (quar.)—California W*ater & Telephone Co.—
•,
7
t38c
California
Canada
7-
(quar.)_
1-31
1-31
'
• :
•
——
720c
$1.50 1st preferred (quar.)
80c 2nd partic. preferred (quar.)— i——
Common
7
7-28
Co.—
Deposited Insurance Shares, series ADetroit Gasket <fc Mfg. Co
Disher Steel Construction Co., Ltd.—•
7
720c
'■
7
1-
720c
—
10-
.
debentures
8 %
(increased)
Light
(increased)
Common
7
4-
7
Extra
...
4-28
7-28
—
Quarterly
B
(year-end)
Caldwell
50c
1$5
30c
1-28
Class
•
30c
Co., common (quar.)_
(quar.)„_;
—v
Si Securities Corp. of Canada
1-28
730c
:Quarterly
,
Rubber
A
1-lff
5 Oo
"2-M5
$4.50
1-11
1-14
1-10
1-10
1-27
2- 1
1-28
1-25
1-25
10c
,
Gillette
2-2
2-15
.
$1.25
(quar.)_„
—
30c
Quarterly
t
87%c
Payable of Rec.
Share
.
„
Gimbel Brothers common
H older§
When
Per-
Name of Company
Payable of Rec.
2- 1
1-18
25c
—.
Holdert
When
Per
,
preferred
Inc.
t$1.60
(year-end)
A
common
Water," 5%
Bros.,
Debenture
Quarterly
-
•'
♦
Share
(quar.J,
preferred
3„%%
1
Company—
&
-
-
•
Inc.,.
Press,
Cuneo
2-
preferred (quar.)
4%
1-14
2-
Die
Inc.,
2-10
25c
preferred (quar.)
& Machine Co.,—
6%
Buell
Bullock's,
1
1-31
3-
90 c
-<
•
1949
Monday, January 24,
CHRONICLE
FINANCIAL
&
Name of Company
Payable of Rec.
$1.50
$6 preferred (accum.)
Co., $3.60 preferred
(quar.)
Buckeye Steel Castings, common (quar.)_
Shoe
%
Holdert
When
Per
Share
Name of Company
Brown
COMMERCIAL
THE
(418)
1-28
1
5
1
1-10
1-31
12-31
2-
1-17
2-
1
1-17
2-
87 %c
1
1
1-24
(Fort
41
9
•Volume
When
Per
Name
Share
of Company
'A %
American
(Correction)
81.10
Loew's
Coal
Lorain
5%
4'/4%
$3
Field
B
1-14
&
3-20
1-14
The
2-15
2-
1
2-15
2-
2-15
2-
1
1
2-
1
1-14
1-31
1-24
preferred (quar.)
O'Brien Gold Mines,
Ltd.
20c
1-31
1-24
Ohio-Apex,
2-
1-
Nunn-Bush
$1.06'A
Stores
Match
1-14
1-15
Oklahoma
1
1-15
Okonite
2-
1
1-15
Oliver
Corp.,
$ 15c
United
2-
1
1-15
Oliver
2-
1
1-15
2-
1
1-14
—
$2.50
2-
1
1-
75c
2-
1
$50 'Ac
quar.)
3-
1
2-
—
7%
4%%
Otis
1
Corporation,
4'A %
4%
.
Melville
Shoe
Corp.,
preferred
4%
Mercantile
Stores
&
(New
Co.
Messenger
Eledtric
Pacific
Lighting
Pacific
Public
3-
1
2-
1
45c
2-
1
1-21
2-
2-15
$1.75
(quar.)
Insurance
Parke
Davis
1
1-21
Park
(increased
$45c
quar.)
2-
1
1-15
Parker
Peaoody
£0c
(s-a)
2-15
1-28
2-15
2-
&
5%
5
(S.
C.)
Coal
Penman's,
2-28
$6
4% %'
2-15
Ltd.,
1-20
Penn
Pennsylvania
2-28
5-31
8-31
8-19
11-30
11-17
2-
11c
&
Inc.
Hart,
Inc.
1
1-15
1
1-27
2
2-15
Ltd.
Nathan
National
Automotive
National
Battery
National
National
City
National
Mfg.
2-
1
Bank
Container
\><48A%
of
■
-
•
Corp.
preferred
•
Lead
6%
5%
preferred
Fabrics
Mallinson
Co.
On the following
Institutional
Income
<
2-
1
1^25
2-
1
1-11*
2-
1
1-10
4-
1
3-15
4-
1
3-15
4-
1
3-15
1-28
1-14
1-31
Aviation
2-
4
-47 'Ac
2-15
2-
.
2-15
2-15
1-31
2-15
2-15
1-31
2-15
—
2-15
,.;6%
Increased
.—
5%
5%
Light, 3.90% pfd. (quar.)
3%% pfd. (quar.)
Corp.—
1st preferred (quar.)
2nd preferred series A (quar.)_:
Norfolk
4%
North
(J. J.)
Co.,
&
Western
American
—
3-15
Northern
3-15
2-28
2-
1
1-15
2-
1
1-18
3-15
2-25
3-
50c
2-15
2-
1
1
1-20
97'Ac
2-
1
1-14
933Ac
2-
1
Reed
(New
Hampshire)
4.6%
conv.
pfd.
(initial
Ltd.
$1.25
2-
1
1-15
$1.25
2-
1
1-15
Squibb
2-
1
1-14
2-
1
1-20
1
1-15'
2-
1
1-10'
2-15'
iquar.)__
1-31
1-12
1-31
11-12
2-28
2-12
25c
1-25
2-
1
(E. R.)
Co.
of
2-
1
1-14
2-
1
97(2c
$1.25
2-
1
1-20
50c
3-
1
2-
prior
$7
9
4-
1
4-15
7 'A %
2-21
12-22
prior
Co.,
2-
1
75c
2-15
1-25
Stern
$30c
2-15
2-
Stevens
(s-a)
1-11
(stock
of
(quar.)
com.
Indiana—
dividend)
Indiana
Gas
each
3/100
Water
&
of
Co.
share held
$1.50
preferred
Ltd.
Ltd.,
(quar.)
i_
1-25
12-31'
1-25
12-31
1-28
12-10'
1
3-10
Taggart
1-31
1-15
Teck-Hughes
2-11
Television
2-28
2-
Texas
2-
5
1-31
4-
$1.50
15c
3-
1
1
1
1-24
1-31
1-15
1-24
50c
15c
12-17
2-
r
1
1-20
1
1-20
50c
2-15
1-13
2-
1
1-
2-
1
■
3-31
50c
common
1-15
3-17
Rose's,
Russ
S.
&
St.
W.
25c
Fine
Foods,
Lawrence
Flour
1-15
2-
1
1-10
2-
1
1-15
4-
1
3-15
San-Nap-Pak
Saudi
3
Co.
(quar.)
Mfg.
3-
1
t5c
__
2-
1
'
2___
common
50c
9-15
Electric
United
V 3-15
United
7-
1
6-15
1
9-15
1-20'
1-31
1-20
2-
1
1*2.04,;
4-
1
3-15
1-25
1-15
1-25
1-15
1-31
1-20
3-15
2-15
$1.25
10c
13c
(initial)
2-
25c
_
receipts
for
B
1-15
1
1-
3
6%
1-
3
1-15
1-11
(quar.)__
(quar.)____
California
(quar.)
preferred
Ltd.,
A
&
Tool
Corp.,
class A
Stores
United
Transit
$50c
1-25
1-
3
18%c
1-25
1-
3
12-31
1-25
1-
$$1.50
1-25
1-
3
$60c
1-25
1-
1
2-
4
2-
15c
Corp.,
$6
5%
(increased
pfd.
pfd.
Tobacco
1-15,
1-15,
1
2-15
2-28
2-28
1-31
1-31
15c
2-
1
1-11
2-
1
1-1\
50c
2-
1
1-14
3-
1
2-15
2-
1
1-14
53c
3-
1
2-15,
58'/3c
2-
1
1-14
58'Ac
3-
1
2-15
$1.75
2-
1
1-15.
75c
:___
2-
'
1
1-20
$1.50
2-15
1-31
62'/2c
2-
1
1-14'
2-
1
1-12
(quar.)
(quar.)_
Co.—
■
30c1
quar.)
Utility Appliance Corp
Valspar Corp., $4 conv. preferred
Vertientes-Camaguay
Quarterly
1-2*
2-
$38c
7'Ac
Co.
1
1-15'
2-
1
1-17
2-
1
1-15
25C
(s-a)
of
2-
$2
50c
Sugar
1-30
12-31
Cuba—
25c
3
(Less
5.8 %
Cuban
dividend
tax)
Virginia Iron Coal & Coke—
4%
convertible preferred (quar.)
1
1-20
1-31
12-24
$20c
__
1
tlOc
Syndicate, Ltd
„
Common
1-10
3
3-
7%
Co.,
9
1-31
53c
United
Company, Ltd., class A (quar.)
Class B (quar.)
1
Schenley Distillers Corp
1
1-31,
2-
50c
1-14
(quar.)
Co
1-31
1-31
(monthly)
1-14
:
2-15
2-15
10c
Railways, 6% pfd.
preferred
(monthly)
;
preferred (monthly)-
Leaf
3-19
2-15
(quar.)
Universal
1-14
1-24
(quar.)_
1-10
12-31
1-17,
$25c
1-31
1
1
87'Ac
1-31
1
2-
3-1-49
iquar.)_
1-25
2-
2-14
66C
(quar.)
class
50c
2-
1
62'/2c
25c
$40c
1-14(
3-
1-25
87'/2c
$1.50
$$1.75
1-31
92'/2c
(quar.)
(quar.)
1-31
$1.12 Vi
(quar.)__
1-20
Ltd.—
2-15
20c
3-
2
3-35'
(Missouri)—
3-12
1
1
62'/2 c
Co.
6.36%
2-
4-
Corp.
(liquidating)
6.36%
1-25
3-15
15c
15c
(irreg.)
United Light &
1
1
$50c
Drill
2-
1-10
4-
20c
Inc.
2-1
com.
1-10,
2-21
25c
40c
(quar.)
1st pfd. (quar.)
2-21
50c
25c
quar.)
(quar.)
1-17
../
tl5c
(accum.)
(increased
1-27
-
ordinary
preferred (monthly)
prior preferred (monthly)
7% prior preferred (monthly)
U S Air Conditioning, $7 pfd. (quar.)
U. S. Radiator Corp., 6% pfd. (quar.)
Co
12-30'
Extra
2-
6-15'2-15
1-31
+
convertible
Class
3-
1
Ltd.
Corporations,
Class B (quar.)
1
6-25
$1.06'A
25c
United
United
;
50c
(quar.)
Chemicals, Inc.
(irreg.)
Cigar-Whelan Stores Corp.— '
$3.50
5
1-10
Co., Ltd.—
receipts
for
deferred
Corp.
preferred
6-15
1-10
1
1-3.1
91'AC
(quar.)
preferred
1
2-
.
2-
62 Vac
(quar.)_
(quar.)
$4.50 preferred
Union Oil Co. of
1
4'
2-15
$1.75
(quar.)
1-20'
2-
12-11
Trust
Works,
$3.70
1
$75c
Mining
1
Company (quar.)
Corp.
(s-a)
Realization
4-
$10c
Scarfe &
Arabian
4-
Co
Lamp
Common
7-
10-
(quar.)
Mills Co.,
1-10
Vac
$i
iquar.)
preferred
Union
1-17
1-18*
3c
South LaSalle Street
10-
.
50c
preferred
(quar.)
Paper
80c
1
1
1
15c
Tung-Sol
208
222-
$1.50
preferred
Works,
(The)
1
•
12(4%
A
2-
93 %c
preferred (quar.)
Regis
(interim)
preferred
Inc.,
deposit
Trane
18 %c
(irreg.)
preferred
Class
;
"10c
7%
deposit
Transamerica
$1.75
Mills, Ltd.,
Paper
5,
10.2857%
Mfg.
1-20
'
$1.75
preferred (quar.)
Lawrence
2-
Special
$1.75
common
5-
2-15
1-20
1-19
50c
Iron
1-21
$1.75
pfd.
Corp., Ltd.,
preferred (quar.)
Toronto
1
$1.75
(initial)
Stores
2-
(quar.)
$3.50
Works
1
2-15
$1.12 Va
(final)
1
.
Power
2-
—_II
1-20
1-31
$1.31'A
convertible preferred
Common
St.
&
Ltd.
(final)
2-
(quar.)
(quar.)
Lawrence
7%
St.
10,
Light,
Securities
2-
(quar.)
Building Co., 6%
2nd
St.
5,
&
Metal
1
(initial)
Brothers,
American
Ulen
(quar.)
Corp.
(quar.)
Light
&
American
6C
12'Ac
Art
i-VI
2-
40c
—
Mines,
Edison, 4'A%
Tonopah
Mining
Co
7
$1.75
Plywood & Timber
Rockland
1-28
3-15'
Common
52'Ac
preferred
Ronson
Power
15c
Ltd.
1
1-31
75c
Ltd
Toledo
1-28
2-10
$1.25
(quar.)
Robinson Cotton Mills,
Robinson Drug
4-
15c
Gold
preferred
Tobacco
22-
$87'AC
Extra
Robinson
Mines,
Fund
Torrington
50c
50c
$5
2-11
Corp.
1-20
1
75c
(quar.)
(quar.)
(quar.)
Co.,
2-25'
56c
(quar.)
Common
(quar.)
Oil
7'
3-11
$1
class A pfd.
2-
56'AC
,
Richfield
1-
Inc
1-24
Rice-Stix Dry Goods Co.—
Riverside Cement
1
31'Ac
1
4-15
3%%
7"
2-
'
2-
1
common
7
1-
2oc
thalhimer
5-
new
7
1-
1
50c
3.65 %
preferred
(quar.)
Thermoid Company, $2.50 preferred
Thomaston Cotton Mills
15c
preferred
1-
1
2-
(quar.)
1-24
(quar.)
2nd preferred
1
2-
(quar.)
1-17
B
7%
2-
common
Oil Company, 4%%
$6
1
+75c
(quarjl
pfd.
$10c
i_
.
Copper & Brass, Inc.—
preferred (quar.)
2nd
1-10
50c
4'/2%
1
preferred
7%
1-10'
1
•
(quar.)
preferred
1
2-
1
25c
2-
50c
Engineering,
preferred
3-
2-
15c
(.quar.)
2-25
6%
Inc.,
Inc.
$25c
1-15
1st
1-15
3-14
?-
1
1-15
6%
preferred
(quar.)
37'Ac
2-
1
1-14
$T0c
?-
1
l-JR
6%
preferred
(quar.)__i
37'2C
5-
2
4-15
2-10
1-20
6%
preferred
(quar.)
37'AC
8-
1
7-15
50c
•
Virginian
'
5
J$1
$15c
(quar.)_
Fund, common
2nd
2-
$75c
__™™
Suburban Electric Securities—
$4 2nd preferred (quar.)
Gold
4-15
1st
2-
50C
(quar.)
(quar.)
Corp., common
preferred (quar.)
Sylvanite
(quar.)
preferred
*'7%
2-15
noc
Wells
1-28
35c
preferred
preferred
5%
i2v2c
common
Strawbridge & Clothier,
3-1
Co
A
:/%.
A
preferred
25c
1
7
1-21
1-15
$1.50
preferred
Biscuits,
1
1st
convertible
Sun
(quar.)
Investors
Common
Briquet
$1
Sunshine
(quar.)'
(quar.)
preferred (quar.)
Bit
1-18
1-13
2-19'
1
$1.75
$10c
Co.
5%
2-
1
1
2-
(quar.)
Co., Inc.—
2-15
common
preference
1
1-31
3-
+56'Ac
(quar.)_
Co.
1-28
<
'■
1-17
;
40c
pfd,
+
&
2-15
25C
1-17
1
■
(quar.)
Textiles,
P.)
1
2-
Rich's,
Stott
Stern
(J.
1
$25c
2-
50c
&
1
$1.25
5'
2-11*
3-
2-1
•$ 1
-."I-
$1
(stock dividend)..
class
Stores,
3-
(initial)
7*
2-
3-10
m
3-
-
Mills,.
Ltd.,
3-
5-
1st
28% C
3-15
50c
60c
25c
15C
2nd
—
3-15
$1.50
(accum.)—
Corp.
87'Ac
-
(quar.)
common
15C
1-14
1-
1
•'?
Calif,
Canada,
Bros.
$1.25
(quar.)
3-23
1
1-15'
4-
Extra
a
cap¬
(quar.)
Co.,
of
Struthers
(quar.)
7%
Sterchi
1-15
1
1-15'
1-15"'
1
(quar.)
Co.
78'Ac
,
1-15'
"
2-
___!
(accum.)
of
participating
Participating
1-11
2-15
conv.
5% %
Steel
$$2
Ltd.
Colorado,
of
Co.
V.: "7 %
1
B
1
2-
1
■
preferred
B
1
A
1-25
2-
2-
(quar.)
Class
2-
preferred
4-
-"3-
$1.0334
_
(quar.)
(quar.)
Ltd., 4V2 %
preferred
Stanley Brock,
2-
1
B
Revere
Works
90c
(quar.)
preferred
50c
37'AC-;:
1
Extra
;
6%
15c
1-18
2-
(quar.)
Fuel
$6
1-14
3-
preferred
2-25
1
1
1
Standard Gas & Electric Co.—
1-10
$1.10
Co.
Power
6%
1-19
2-
3•2-
& Sons—
preferred
Standard
12-31
95c
-
(quar.)
quar.)
Co.,
stock for
$2.10
3-10
20c
50c,
$4 preferred series A iquar.)
Standard Dredging Corp.
$1.60 conv. preferred (quar.)
preferred
Spencer, Kellogg & Sons
(quar.)
Republic
2-10
(quar.)_
(quar.)
pfd.
convertible
1
1-14
Roller
4%
60c
-
6%
1
(s-a)
(quar.)
Co.
Reliance Electric &
1-17
$1.50
Liberties^ Gas
Ry. (increased)
Pacific
RR.
2-
10c
1-15
2-15
Corp.,
50c
(quar.)_
Engineering
Northwest Airlines,
1-20'
Sovereign Investors, Inc.
Sparks-Withington Co.—
2-
_
lJ. M.) Grocery Co. —
preferred
(quar.)
Corp. of America (increased)
Reece
2-28
'
Northern
2-15
$1.25
2-
1
Redeemable
25c
(quar.)—
common
convertible
Northern
$30c
(quar.)
1
Rayonier, Inc. (quar.)
Reading Company,
common
2-28
3-15
Ry.—
pfd.
Car.,
preferred (quar.)—
Works
(irreg.)
Northern Illinois Corp., common (increased)
$1.50 convertible
preferred (quar.)
$2
2-28
Power
adjustment
Northern
3-15
20c
—_—
Hudson
1- IV
Co.—
__________
1
(quar.)__n
Company class B
Raymond Concrete Pile, common
$3
preferred
iquar.)
2-28
$7.50
——
New York Power &
Newberry
5
1-31
;
30c
preferred
convertible
Radio
2-28
3-15
25C
(accum.)
A
3-15
Merchandising Co., Inc.—
New York
Niagara
2-28
$1.18%
Bros., Inc., 43A% pfd. iquar.)
Worsted Mills (reduced)
Chicago & St. Louis RR.—
New York Air Brake Co
>. :
3-15
8c
preferred
1-
92 Vac
1
$1
preferred
7%
5c
Jersey
Y.
5
1-31
Co.—
com.
3-
1
Oil
7%
9c
10c
shares
preferred
Service,
35c
4 % %
1-31
10c
series
Public
2-
Radford
are
'
,
Neisner
N.
1-10
3-
Class
1-31
7c
shares
New
1-25
quar.)
Milk Products, Ltd.—
Participating class A (quar.)
Participating
1-31
9c
shares
shares
Oil
(quar.)__
preferred
Quebec
1-31
2-15
7c
:
preferred
5%
Quinte
1-31
8c
shares
Building
5%
Quaker Oats Co.,r 6% pfd.
Quarterly Income Shares
4
10c
Chemical
4.15%
1-17
6%
preliminary estimates
;
1-17
2-
Flour
1-14
2-15
10c
Stock
2-15
2-15
Randall
25c
series
Industrial
'
1-14
12c
Series
(quar.)
$1
3.60%
Co.,
Corp.,
"shown:
'
v
2* 1
v:
40c
—;
shares
>„
1
1-20
53'Ac
iquar.)_
(initial)
series
equipment
preferred
55c
Purex
1-15
$1.12'A
series
group
3.90%
$1.06'A
Purity
2-10
16c
stock
Railroad
,
1
1
1
13c
Railroad
:•
322-
15c
(quar.)
5
Southwestern
$1.06'A
Extra
1-14
$1.50
(quar.)
Retail trade shares
;
1
50c
series
Selected
2-
&
Service
3'A%
Pure
Funds—
Trust
Preferred
•
com.
new
2-
(quar.)
share
1-15
29 %C
-
series
Stock
1-20
1
—
Tea, 4 'A lio• preferred
preferred
(quar.)
Balanced
-
:ri-i5
2-
15c
(quar.)
Tank
National
1-15,
2-1
25c
(quar.)
B
2-15-
90c
cojnmon
Transport
Common
2-,15
75c
(quar.)
National
3.8%
3
1-31
"
25C
_
National
National
pfd.
(quar.)
preferred
4'/2%
3-
1-31
:
Service
Linen
1-17
1-
(quar.)
preferred
4.40%
2-15
$1.25
National
Co.,
3
25c
.—
Products
Common
**
ic
80c
(Del.)
Distillers
preferred
iquar.)
Gamble
&
Service
Public
1
3-
lc
*»
2-
56'Ac
(quar.)_____
(quar.)
National
National
2-15
$12<Ac
"
Y
N.
Bros.
5%
75c
———
Corp.,
Edison,
4(4%
1-11
__
Co.
3.70%
(quar.)
preferred
ital
tquar.)
Co—______
1
(quar.)
preferred
Public
1-14
(quar.)__
Fibres
Chemical
preferred
preferred
Price
1-14
1
pfd. (quar.)——
4(2% pfd. (quar.)—
Strauss-Duparquet
1
2-
Electric
Telephone
(quar.)
;
preferred
1-31
1-31
(quar.)
Associated
Silica
8
2-
1st
5%
Electric,
2-
1
$2.20
12-31'
2-15
Standard Steel Spring, 4% conv.
pfd. (quar.)
Standard
Wholesale
Phosphate
&
Acid
1-15
1-
2-1
5c
$10c
Paper,
•
% ($1.50
(quar.)—
1
3-
Gas &
preferred
Standard
12-31
37'Ac
■;
Narragansett
2-15
_
1-10
Procter
1-31
1-20
5 6'Ac
(quar.)
3-
4.8%
3
1-
1-31
55c
(quar.)
1
4.70%
Inc.—
preferred
Indiana
common
2-
3-20
$1.62'A
1
$1.20
Power,
$1.10
S3.60
6-20
1-2 J.'
2-
28 Vac
1
(quar.)
4%
9-20
1
371/2C
(quar.)
preferred
Potomac
10-2
*
1-21
2-
28c
20c
Morris & Co. Ltd.
9-20
2
1-10
1
(quar.)
Canada
1-25
(quar.)
Pinchin, Johnson & Co., Ltd.—
Ordinary (interim)
4-
1-10
1
22VaC
•
Oil
Provincial
—
preferred (quar.)_
preferred
Southwestern
$4
(increased
1
22-
$2 5c
1
3-
2-
+50c
iquar.)
com.
50C
6-20
50c
Mt. Diablo Oil, Mining & Development (quar.)
♦Munislng
pfd.
conv.
i
;
87%c
3-20
725c
(quar.)_,
Mills,
90c
Ltd.
2-
Co
10-2
25c
(Philip) & Co., Ltd. (see Philip Morris)
Plan Corp. of America, common
Mount Royal Rice
Co.,
Co.,
Southern
8
Co.—
2
1
participating
Aircraft
1-24
$1.10
2
2-
$3
Solar*
9 2'Ac
7-
1-29
Moody's Investors Service,
Common
1-21'
31'Ac
(quar.)
1-15
40c
Paper Mills, Ltd.—
(quar.)
1
I
20c
pfd.
2-15
(Howard)
$$1.50
4%
Morrell
$6
Smith
1-15"
12-29 '
(increased).
Standard
Philip
1-15
Power,
1- 3
Corp.
O.)
1-10
1-15
Montana
(A.
1
Pillsbury Mills, Inc.,
37'Ac
Paper Co.__
"A"
Smith
1-
,
1-15
1-24
1-29
$1.50
1-10
25c
1-15'
1-24
50c
j»_
5
(quar.)
1
K30c
2-
Phillips-Jones
1
preferred
(quar.)
1-31
•
1-15
2-
common-
$1.07'A
1-15
1
$2.25
(quar.)
Co.,
(quar.)
1-20
2-
Morris
preferred
1-14
1
1
40c
preferred
1-31
■
.—-
(quar.)
2-
1
2-
$30c
$75c
pfd.
(quar.)
Corp.
2- 1
$1
-
——
Company
Metals
1-20
2-
Morris
common
Chemical
2-
10c
(quar.)
$1
Gear
Co.
1-20
—
-
1-15
(quar.)
Philadelphia Company, common (year-end)
Philadelphia Electric, 3.60% pfd. (quar.)
12-28
$1.50
Mississippi Power & Light, $6 pfd., (quar.)_
Monongahela Power, 4.40% pfd. (quar.)
%-$1.10
T.80% preferred B (quar.)
$1.20
&
Southam
Southern Califoraia Edison Co.,
4.56% preferred (quar.)
Ltd.,
2-21
(quar.)
Cement
1-31
37'AC /
(quar.)
(John)
1-20
-
4 >A %
Mfg.
1-31
$1.18%
$1 prior preferred
(quar.).
__
Minneapolis-Moline Power Implement Co.—
$6.50 convertible preferred (accum.)
Ontario
3-15
2-15
Co.,
75c
(quar.)
&
20c
(.s-a)
(quar.)
&
1-10
—
4.48%
(quar.)
A
Machine
45C
——
prior preferred
i3-30
1-14
Co.—
Co.,
preferred
Permanente
5
2-
2-
37'Ac
$1
1-10
2-
J6c
4.40%
—_—
preferred
1
$25c
4.30%
_____
prior
1-26
Extra
S4
$1
$2.50
&
Agricultural
35c
Salt
3'A%
Perkins
1-15
2-15
$25c
———
(quar.)
Minnesota
C
Power
Pennsylvania
1-14
2-
20c
———
Corp.,
(quar.)
Common
B
preferred
Pennsylvania
1-15
1-31
.
prefeired
3.70%
1
'■ 7
.
(quar.)
1-14
2-
50C
1-28
(N.)
Southern
_
Electric
Permanente
preferred (quar.)
& Schuylkill Haven RR.
Common
.
5-
Co.,
common
4.40 %
\ 2-14
•
1-31
',-.$25
■;
$1.10
—_________
Common
1
(quar.)
2-15
__
(quar.)
Traffic Co.
(increased)
$1.12'/2
—
Mine Hill
Miller
Corp.
2-15
32'Ac
40c pfd.
preferred
2-15
(quar.)
Grain
1-17 *
2-
t25c
Smith
6%
1-18
2-25
(year-end)
Slater
common
1-20
$ 1.12 'A
Laundries,
Oil
Ltd.
75c
prior preferred
1
West
Year-end
Co.,
2-
$1.12%
Pacific
&
Mines,
1-18
Transport Co.—
share of Petroleum
Co., Inc.,
1-20
1
Ltd.——
Corp. (liquidating distribution)
One share of Kentucky Utilities common,
$10 par, for each two shares held. Sub¬
ject to the consent of the SEC
Miles Shoes, Inc., common (quar.)
Middle
1
t30c
/ 10c
t20c
35c
1
2-28
-—
Preferred, (quar.)
Midland
&
convertible
$1.12 Vi
(quar.)
(quar.)
Mid-Continent
2-
87 "2 c
________
Canada—
$1
(quar.)__
2-
50c
preferred
of
1-14
Co
&
Tilford, Inc.
$2
Inc., class A
Michigan Bakeries, Inc. —,
Michigan Central Railroad is-a)
Michigan Gas & Electric Co.
4.40%
1-21
1-21
Ltd.,
Sinclair
&
(One
20c
(quar.)
Preferred
1
1
(quar.)
$25c
(quar.)
Peninsular Telephone
$2
Preferred
Co.
(quar.)
$$1.75
Petroleum
dividend
2-
_
Preferred
22-
40c
1-15
Co.—
preferred
50c
{
America
1
Heat& Power Co. for each 10 shrs. held)
1-31
•
Service
American
Stock
Co.
25c
A
Pan
1-21
1
1st
$1.30
20c
Stern &* Co.,
12'Ac
27 v2c
*20c
of
2-15
(quar.)
1-11
Extra
Sigma
>
1
1-17*
Ltd.—
IOC
Corp.
1
50c
pfd.
Scott
Shops,
Extra
—t
2-
5% preferred (quar.)_
24c participating class A
(quar.)—
Sibley, Lindsay & Curr Co. (quar.)
1-15
,
2-14
Extra
Shirriffs,
1
2-
1
1
Secord
Corp.
Common
1-31
50c
(quar.)—,—
Corp
1
2-
(quar.)
Co.
Michaels,
Class
Oxford
2-
1
Corp.
Meyercord
■
1-12
1
(s-a)
Mercury Mills, Ltd.
Merritt-Chapman &
12-31
2-
3-
25c
Corp., class A (quar.)
preferred (quar.)
Candy
Sherwin-Williams
Co., Ltd.—
(year-end)
Company
1-31
$1
7%
1-31
(increased)
3-
(quar.)
common
Co.,
5-31
60c
1-20
91'Ac
(quar.)
'
Manufacturers
York)
2-28
: 31.12'A
(quar.)-,
(quar.)
3-
(quar.)—
Merchants
3-21
6-20
—
50c
(quar.)
(quar.)
preferred
2nd
25c
-
2-15
(quar.)
125c
$1.06'A
common
preferred
1st
1-21
Sheraton
1-21
1-31
$1
class A
Products
Elevator
Outlet
2-23
15c
(quar.)
50c
Mead
$5c
(increased)
com.
7-104
2-
__•
*
1-15
*
preferred
Filters,
Steel
preferred
1-12
1-31
25c
——
3
1-15
1-15
(quar.)
/ ' Extra
1-22
(s-a)__.
1
4-ib1
8-1-49
85c
& Dohme, Inc., $3.50 pfd. (quar.)___
Shawinigan Water & Power Co. (quar.)
1-29
__•
Electric,
&
Gas
Common
2-
Co.
convertible
(Laura)
Laura
5-1-49
(quar.)__
Sharp
1-29
(irreg.)
common
Company
Ontario
50c
1-15
20c
,
1-31
noc
1
$1.25
(quar.)
common
(quar.)
Co.,
2-
—
Co.,
Inc.
Common
2-
25c
Shoe
75c
Porcupine
McLellan
Ohio
5
1-13
50c
—
5%
$1.50
50c
Mines (quar.)
Co.
(quar.)
Mclntyre
1
1-31
$$1.25
(quar.).,
(increased
same
(quar.)
3-10
—
Co.
the
See
25c
Co.
Engineering
Container
5V'2%
2-1-49
271/2C
_
30c
Seaboard
1-14
Northwest
27'Ac
27 'Ac
(quar.)
Manufacturing Co., $3.65 pfd.
Secord
Payable of RecX
Co
Electric
New
the transfer
closed permanently
were
$1.06'A
pfd.
the
on
and
13,
4-
(quar.)
Electric
Jan,
on
Dillon
Scranton
1
50c
Curb
books
ex-dividend
sold
stock
York
$4
(quar.)
Scovill
holders other than North American Co.).
1
preferred •;A
preferred A
Scotten
Holders
Share
(quar.)..
preferred A (quar.)
Paper Co., $3.40 preferred
Scott
When
47
Co.
5Va%
instead of a stock, dividend.
3/10 of a share of Illinois Power Co.,- no
par common for each share held, pay¬
able upon surrender of certificates, (for
10c
(reduced)—
Co. (Bait.), 5%
5Vz%
1
$2.50
class A
5Va%
col-
our
dividend,
$1.07
pfd.
Ltd.,
common
a
2-
*-
1st
dividend
liquidating
reported
as
Per
Name of Company
Payable of Rec.
Schwitzer-Cummins
4-
(quar.)
$6
Co.,
Corp.
McGraw
1
(quar.)_
common
—
McCormick
2-
iquar.)—
Co.
&
Grain
Class
1-14
(quar.)
A
preferred
McCall
1
(.s-a)
Sons,
&
Company,
McCabe
2-
been
(419)
Holders
Co.—
following
in
The
—
have
last week
Power
$1.50
& Co., 4'A% pfd. A (quar.)__
Corp., Ltd., 5% pfd. (quar.)
Marshall
Maytag
2-14
&
Light
62'/2C
(quar.)
(quar.)——
Corp.
Mailman
1
15c
(R. H.)
Macy
3-
———
preferred
(M.)
Corporation
Macoil
umns
—
County Gas & Electric—
preferred (quar.)
4'A%
Macco
(quar.)
preferred
preferred
xiuzerne
2-14
87 V2c
—__
(s-a)
non-cum
Lowenstein
should
1
—
Light, $6 pfd. (quar.) —
Henderson & St. Louis Ry. Co.—
.-Common
2-24
3-
•
&
Power
Louisville,
2-24
3-10
25c
Dock—
&
convertible
5%
Louisiana
<!
Theatres
Boston
3-10
50c
preferred, iquar.)
When
Share
Name of Company
Payable of Rec.
10c
3
CHRONICLE
Per
North
Original capital
,—T
•Special Guaranteed iquar.) —
Liquid Carbonic Corp., common (quar.)
FINANCIAL
&
Holders
Co.—
Little Miami RR.
COMMERCIAL
THE
Number 4771
169
Railway
48
Wagner
Electric
Warren
Brothers,
2%
62'/2c
2IV2O
$1.12V2
$1.06'A
$20c
$3
(stock dividend)
Corp,
B
class
(quar.)
$4.50
Light, common* (quar.)—
preferred (quar.)_
$4.25
preferred
Washington
(quar.)_
class A (quar.)
& Company (annual)
Ltd.,
Waterous,
Weill
Gas
(Raphael)
V 'Extra
.
—
—-
$1.75
$1.50
?5c
2-15
2-15
2" 1
62 Ac
2- 1
Co.
Electric
7%
preferred
preferred
(quar.)
Point
West
Mfg.
Co
class
$2.50
(accum.)
A
in
2- 1
Securities-^.
Insuranco
Western
5%
-
A
(quar.)
Western Tablet & Stationery
Wilcox
Oil
&
Company,
(quar.)
Corp.
r
•
2- 1
$1
.
1-20
Ended' Sept.
Months
Nine
sales
Net
5%
(quar.)
preferred
Federal
1-21
1-28
Capital shares outstanding-
2- 7
3-14
1-25
after
Extra
1,567,169
Net
profit
2- 1
2- 1
3- 1
(Wm.).,
3- 1
T
Co.
•
25c
—
Machine
(quar.)
•
Quarterly
-V.
convertible
6%
preferred
2-28
5-31
1-10
4-18
--
6%. preferred
after
Federal Income
Net
Less British
a
xLess
per
2- 1
1-15
2- 1
1-15
Profit
1-15
1-15
Income
8.39%:
over
1948.—V.
of
15,
169,
—-V.
of
ranking
Gas
such
to
1,
Aug.
premium
with
equally
which
Co.,
stock
1871.
decreasing
$173,000
col¬
4%
"
represents
^
lines
$4,442,729
503,036
$371,904
$2,665,637
$754,554
$3.00
$0.91
$7.19
$1.70
to
of
for
Gas
hold
and
Co.
selling
the
is
of
Southern
$200,000
Gas-Co.
par
and
to
stock
common
Wis-the
of
company >.
automatic
taken
sales
wator
gas
addiuan-1
on
incinerators,
exclusive
and
heaters, and
merchandise
laundry
in
agent
its
equipment."
territory. for
a
mauufact'-U'ei's.
appliance
Known
the
the corporation acquire:! the gas
the Wisconsin Southern Gas Co.
has
company
In
incorporated
was
of
gas
of
ranges,
gas
now
all
natural
(a
softeners,
nationally
purchase
the
Wisconsin
the
capital.
acquire
water
company,
number
of
after its organization,
merchandising business
including
The
$1,257,590
1,777,092
used
be
BUSINESS—Corporation
to
Southern
refrigerators,
gas
1948—9 Mos.—1947
247,936
-
wiil
working
AND
1946
in
addition
In
During the year ended Aug. 3«. 1948, over 70-< gas-u:in>; epptiances.
ail typej were sold.
The sale of thc*e app.Unces 1 voauces an'
.of
appreciable increase in the gas load of the Wisconsin Southern Gas Co.
and
1628.
168, p.
Subsidiary
helps
the loss of
prevent
customers
gas
and*
compjfuels
to
CAPITALIZATION—Upon .completion of this finincing, the capltaliza-1
tion of the corporations
subsidiary, has been organized to
film.
In addition, custom-made extruded
industrial applications are being produced
to
products
new
a
Collateral
ati'on—V,
\ ;: + A:'(K-.-'TV'''
Co., Inc.—Annual Report—
■>'
v.;
\;
&
V
(Including Domestic
52 Weeks
Elided
sales
Net
'-Cost
&
oper.
L
345,000-
-
-
'
EARNINGS
-
Aug". 31,'48 Dec; 31,'47
-
-
$139,086
$127,553
140,3 3
_i„
86,822
(incl. income taxes)
taxes
income
-
-
OF
charges.--..
736
—
collateral trust bonds
on
472
-
6,933
7,030.
$31,024
$33,274.
52 Weeks Ended
Oct. 26, '46 Oct. 27, '45
'
'$ ^
~
$
704,664,524 738,293,912 440,572,155 468,638,536
635,225,160 662,444,160 284,152,801. 422,182,673
-
-
'
i)
Jj*
revs._
of sales
^—
Nov. 1, '47
Oct. 30. '48
'
1
'
'
Interest
-
revenues.
Miscellaneous
53 Weeks
Ended
.
this
gross
Operating e5fps. and
and: Foreign Subsidiaries)
$323,G00'
—
STATEMENT
H Months Ended-—•
Total
'. CONSOLIDATED INCOME ACCOUNT
1
v
follows:
as
—
($50 park.—
■■■
168,,p.
Wilson
stock
Common
will be
bonds———
trust
in oper-'
unit has a plant at Lynn, Mass., which is now
1300.
1
■«? . ■;
The ne.w,
^;
•
bonds
stock
common
appliance
for
manufacturers' specifications.
118,065,000
of
Shortly
$3:19
$1,098,765
profit
Output—
properties
totaled
1950.
services.
Corporation and
electric
1,
1951;
1,
Aug.
1948, of $893,464.
HISTORY
349,031
$619,841
Plastics, Inc.,
manufacture
vinyl plastic
210.
p.
349,136
(William) Whitman Co., Inc. (Mass.)—New
1949
Aug. 31,
provide additional
$1,327,503-
732,510
taxes
Whitman
company for the
kwh., an increase of
the output of 103,922,000 kwh. for the corresponding week,:
the
of
Jan.
Aug.
100% of all of '
company's stock issued and outstanding and has a book value as -
value
1947
$1,963,986
.636,483"
NINE. MQNTHS ENDED SEPT. 30
AND
$1,831,275
charges
after
(Continued from page 12)
output
THE THREE
Earnings per com. share
Canadian non-residents' tax.
deductible at the source.
No:*-
West Penn Electric Co.—Weekly
before
or
PURPOSE—-Proceeds
—$3:88
—
share
1948—3 Mos.—1947
Investment News
ended
$3,310,072
-
outstanding
common
EARNINGS FOR
income tax.
Genera!
Power
1—.1———-
—
—
shares
vinyl
week
1948
$5,529,128
2,219,056
—
profit
Earnings
income tax.
Jamaica
30%
on
Wisconsin-Southern
Subs.)—Earnings—
30—
Sept.
taxes
Common
dividend.
this
for
closed
not
books
$7,672,626
consin
Net
•Transfer
serially
due-
1948;
1,
102 J/i>
at
Wisconsin
4
1-12
2- 1
2- 1
Machine Corp. (&
charges
Profit
$37V2C
tPayable in U. S. Funds, less 15%
tPayable in Canadian funds, tax
resident tax 15%; resident tax 7%.
Nov.
SECURITY—These
that
Ended
2- 1
t31JAc
+37(Ac
-
V2V". for each 5-year psriod thereafter.
390.
p.
Months
15c
(quar.)
(quar.)
$8,047,951
$8,872,398
White Sewing
1-20
4-20
7-20
Extra
5%
order,
1946
1947
1948
of
1-31
4-30
7-30
—
(quar.)—,
Ltd. common
Zellers,
Inc
Fields,
Gold
Consolidated
Yuba
168,
$50c
convertible
:
—
Dated
$11,224,958 $11,070,339 $10,681,637
2,352,560
3,022,388
3,009,011
_
Working capital
37'/2C
37(Ac
37(Ac
preferred (quar.)
preferred, (quar
preferred (quar.)
convertible
6%
to yield from
lateral trust bonds, series of-1946, are collaterally secured by the deposit
with the trustee of 6,500 shares ($100 par) of the common stock 01 the
Yellow Cab Co.—
6%
——
.
liabilities
Current
12
25c
Common
Yates-American
The bonds, priced at 100 to 102V-z
Principal and interest
(Feb.
1 and Aug. 1)
payable at American
Exchange Bank, Madisoh, Wis., trustee.
Callable at any time on 30
days' published notice as a whole, or in part, in inverse numeral '
.
WORKING
CONSOLIDATED
.
„
3-15
6"15
1-24
10c
10c
Common
.
3.4% to 5% according to maturity, were offered to resi-;
SEPT. 30
CAPITAL,
l-*.0
2-19
2- 1
3- 1
,
on
$150,000 5% collateral trust bonds, series
_
^
25c
25c
Jr.,
$3.11
OF
STATEMENT
COMPARATIVE
1-14
2-10
2-10
Monthly
Wrigley
$1,114,860
298,818
$3.73
Earftings'per share——:—.
1-15
$$3.50
50c
/
$860,813
298,858
$2.83
of 1948.
843,839
$923,822
293,893
6 offered
Jan.
1,958,699
629,734
—
1-15
1-31
50c
Ltd.
Mines,
1,490,547
638,347
—
taxes, etc.
Corp.—Bonds
Offered—Harley, Haydon & Co., Inc., Madison, Wis.,
■
——
Wright-Hargreaves
Monthly
outstanding, 240,000 shares), $19,919,561; common stock, ^
(outstanding 2,116,981 chares), $19,874,254; earned
as
to
payment of dividends
on
common
stOGk
to the extent of approximately $22,000,000), $41,072,417; 10,514 shares
of
$4.25
cumulative
preferred
stock
held
in
treasury
(at
cost), -*
D;$956,231; total, $154,001,450.—V. 167, p. 1965.
(restricted
dents of Wisconsin only.
$1-25
*
h
reserves
value
par
surplus
(& Subs.)—
—
charges
income
Current assets
_—
—
——
Profit
1-21.
Corp.—
Wood, Alexander & James, Ltd.—
7% 1st preferred (accum.)
Woolworth (F. W.) Co. (quar.)
$5,Q00<,000;
and
without
1948
1947
1946
$14,354,070 $14,378,974 $14,648,769
30—
,
$1.50
(quar.)
series)
(1897
preferred
6%
'7;":
accounts
Wisconsin Southern Gas and Appliance
3- 1
4-1
2-15
„
V
v:
-
$18,998,112;
.
& L E Board—
White Dental Manufacturing Co.
S.)
1-20
»
reduction
as
Chairman.—V. 169, p. 51.
the election of a new
act on
1
2- 1
2-15
$1.25
*
10c
25c
-
to
•
Wisconsin Public Service
1•,
.
thorized
1- »
2- 1
si
$154,001,450.
453,000; reserves for future inventory, price decline,
L.
(S.
l-Ji
2- 1
Equipment Issue
White, Executive Vice-President of this road and of the New
York, Chicago & St. Louis RR. has been eleoted to the board of the
Wheeling & Lake Erie Ry. to fill a vacancy caused by the death Jan. 7
ol
John W. Davin.
Mr. Davin had been Chairman of the Wheeling
& Lake Erie and President of the Nickel Plate.
The directors failed
*
$20c
25c
—$1.06'A
15c
Power—
Electric
4"
50c
common——
(quar.)—
Crampton
&
Winters
Wisconsin
2-15
•
iquar.i
common
Company,
preferred
$4.25
'
<
Named to W
White
L.
L.
1-10
V™
(quar.)
Westminster Paper; Ltd. (quar.)——
—
White Sewing Machine common.
$2 prior pref. (quar.)
$4 preferred (accum.)
Wheeling & Lake Erie Ry.—
4% prior lien (quar.)
Wilbur-Suchard Chocolate,
$5 pfd.
(quar.)
preferred
Wilson
.'
freight cars. '
L.
2- 1
2 1
$1.25
1
applied
payable, accrued
payrolls, interest, etc., $12,926,499; accrued general and social security
taxes, $1,774,581;
reserve
for
U. S.) arid
foreign taxes op income,
$8,157,089;- reserve for .replacement of "last-in, first-out" inventories,
$8,200,000; first mortgage bonds, 3% series due April 1, 1358, $14,-
will receive bids up to Feb.
equipment trust certificates, dated
.
(quar.)
preferred
5%
2- 1
2-15
31 Ac
20
500
Western Light &
Common
$3,129,457
less
LIABILITIES—Notes payable,
2 for the purchase of
Feb. 15, 1949, and due.
equal semi-annual instalments from Aug. 15, 1949-Feb. 15, 1959.
proceeds will be used in connection with a $2,650,000 purchase of
The
__
w
Telephone Co.—
5%
preferred
(quar.)
Western Pacific RR. Co.
*
$195,626; '.total,
expense,
company
$2,120,000
.
(quar.)
6%
.
inventories,
reserve for U. S. taxes, q.n income, $3,990,000;
property, plant and
equipment (after reserve for depreciation of $28,832,418), $47,321,893;"
prepaid insurance,
etc.,1'! $1,023,911; unamortized debt discount and
of
Wheeling & Lake Erie Ry.—Bids on
The
l-au
(quar.)
Co.
Co:
.
1-19
1-19
1-14
(increased)
Engineering Co.
Manufacturing
W'entworth
Penn
2-10
2-10
2-15
1-25
1-25
v 3-1
2-21
$5
20c
12V2C
-----
Wellman
West
—
1-141
1-14
1-25
1-25
1^31
1-15
1-15
2-15
2- 1
2- 1
Trust
Guaranty
first-out"
"last-in,
of
New York,'" 140 Broadway, New York,
N,: Y., will redeem upon'.surrender scrip certificatse (series S expressed
in halves 1 for common stock, at the rate of $18.8055 for each one-half
share—V. 168, p. 90. ■
p. ''•
The
1949
Monday, January 24,
CHRONICLE
Corp.—Redeems Scrip—
Westvaco Chlorine Products
Payable of Rec.
2-15
12-29
Share
.
Holdert
When
Per
Name of Company
FINANCIAL
&
COMMERCIAL
THE
(420)
Net
will
^
income—
annual
Maximum
—„
of' this finaiuinj.
interest-charges upon completion
to $14,387.:
amount
tReplacement of "last-in,
inventqries-
904,576
Sell., gen. &
Depiqciation
adm. exps.
49,135,873
Taxes, other
than inc.-
first-out'!
Calif.—Filing—
Western Crude Oil Co., Venice,
On
Jan.
51,575
sold
5
letter
a
(10c
common
the
for
filing fees
of
Henry
will
Company
on
new
was
with
filed
the
SEC for
are to be
of which 44,575 shares
Rath at 25 cents per share without
use
its proceeds to pay lease rentals,
stock,
par)
benefit
underwriting.
notification
of
2,825,498
2,427,523
4,461,525
28,739,750
1,940,518
32,340,555
1,926,167
4,179,497
_
—■»-—;
—.—
2,819,617
44,581,772
.
expenses.—V. 164, p. 1768.
Operating
Other
12,392,920
24,378,932
19,333,015
12,530,929
152,443
income
242,154
249,372
been
269,725
income
Appointed—
W.
Small has been appointed General Attorney, according
Purnell,
Vice-President
and
General
Counsel.—V.
Harvey
William
to
169,
income
debt
funded
War
Assets
Administration
at
facilities
on
Jan.
of two
surplus,
111.,. operated
during
the war
Madison,
that
announced
10
this corporation
it
has
ap¬
government-owned
by General Steel
Castings Corp.
.
maximum
of
facilities
The
and
500 workers within
peak capacity.
approximately
employ
a
properties
two
3,500
have
lessee
the
combined
a
that
states
the
with
first six months,
of
space
minimum
a
of
about
1,400,000 square feet
will be required
$750,000
to
install
income
is
five
for
period and .option
with
years,
buy for $2,350,000.
to
19.43—Month—1947
Period End. Nov. 30—
$
expenses
revenue
oper.
"497;952
•158,010
revenues
1948—11 Mos.-
-1947
$
15,265.696 174,872,548 189,866,851
15,763,648 173,602,154 176,074,302
13,792,549-
1,270,394
122,730
1,468,818
1,384,945
"375,222
77,379
communication
ord.
inc.
-
.
'N
(net)
current
432,195
-
2,739,212
4,881,940
15,177,494
512,783
4,930,265
69,027
77,242
74,110
6,702,578
39,660,138
15,448,823
32,619,343
8,311,560
32,704,326
5,036,602
31,221,408
'
•513,426
5,012
(net)
a
as
special
a
of
adviser
the
in
and
166,
L'-r1'
include
functions
5,548,594.
"888,005
29,771
9,628,900
•2,142,728
4,051,911
>
1,017,429
manufacturing
*
Frank
concerns.
*"
rehabilitation
the
stocks
stock_
4,232,774
1,904,738
1,269,825
11290,265
years—_
Months
Nine
""
exchanged
Tax
aftqr
'
46,447
25,000
—
President.
-
Ended
Sept.-30—-
1948
carry-back
Net
the
39,660,133
32,619,343
32,704,326
$2.70
$6.82
$3.43
$1.64
replacement of "last-in, first-out" inven¬
of securities retired. ^Equivalent to the
Federal taxes on income.
IIRetroactive wage.,
estimated at $1,860,000, applicable to prior years,- less an
reduction of $1,569,735 in Federal taxes on incomecattrib-.
recorded
reduction
credit."
involuntarily
'
1947
T
$5,218,232
2.210.0Q0
;.
.
10,8.75,055.
Cr815,687
;
outstanding
income
the
for
loss
$5,756,823
599,857r
599,857
599,857
$0.88
$1.98
$9.60
ILoss.
taxes.
quarter. ended
the period
sales for
net
$527,632
$1,190,066
„
shares
directors
or
company
W.
Sept. 30,
1948
amounted
totaled $11,543,232.—V.
168,
to
$16,575
2055.
p.
on
Jan.
took
13
no
action
on
a
dividend
about Jan. 31 on the common stqck, par $1.
paid
25
cents-per
Lansing Rothschild,
ordinarily
Last yeaiv
share each quarter.
President,
said
that,
in
view
qf
the
current
strike, the directors felt that funds should be conserved.
value
Zonite Products
(And
Subsidiaries,
Corp.—Earnings—
Including
English Subsidiary
;
v..
Canadian
and
and
Mexican,
Australian
and
Chilean
But
Excluding
Branches)
■
•
End. Sept.. 30—
Period
cost
1946
-2>;r
*
for
in
thereto.
of
L
_
$2,498,055
of reserve.:.
Earnings per share..^
The
share—
provision
tOver
resulting
'l"
o.
$36,671,970 $32,290,285.
•1,190,066
_
2,411,023
41,072,417
per. com.
'
Yellow Cab Co., San Francisco, Caiif.—Omits Dividend
adj.-of
Earned surplus end Qf
less
is
.
-'J ■ j- ^
cr^;'.'
"
charges—
payable on
utable
industries
361,098
—
"lastmethod
inventory valuation
tories.
Ryan
T.
.
L__$36,509,001
sales
Profit
and
and
applic. to
first-out"
Earns,
of
Wright Aeronautical Corp^ (& 9.ubs.)r-Eai!mngs—
•After Federal
.822,346
exps.
costs
^Excess
'
1,761,901
985,340
common
prior
Retroact.
of
ap-„
branch.
representatives for United Slates
foreign
as
».
Net.profit
pfd. stock
$4.25
on
in,
Korean
been
formed in September, 1947, by prominent:
was
acting
1726.
-p.
*
Capital
$6 cum. pfd. stk.
Divs. on
Divs.
has
1,501,518
res.
inventory
future
on
"Daily"
Brooklyn
Korea,
36,258,010
2,000,000
.
price decline
Divs.
41,015,886
3,943,274
3,000,000
approp.
74,838
48,063,160
46,362,716
72,185
cost———
of
increases,
incj
—
Delayed income
surplus
Total
tExcess
Earns,
estimated
Extraord.
8,550,000
t—V.
Its
areas, and
war
industrial
.
—
earned
Previous
•Including
from
"81.231
:
ordinary income
Gross
8,190,000
61,147
year
income—non¬
Deducts,
4,773,546
—_
earnings
other
$
•
»
15,175.901,
15,334,511
Operating revenues
Net
taxes
Refinancing
Western Union Telegraph Co.—Earnings-
Ordinary
141,862
trade.
national
Net
Net
Adjust,
Oper.
1,569,735.
1,934,017
of. subs."——
for
privilege of renewal for a similar
The rental terms are $50,000
for the first year, $150,000 for the second year and $240,000 for the
third year and each year thereafter.
lease
—:
—---
182,255
has.
U. S. & foreign
for
Prov.
publisher
former
corporation's newly created
the
Jocelyn-
American, British and Canadian financial interests to engage in inter¬
in
prior yea.rs
—Misceilaneous deducts.—
48,605
of
und
London, England,
directors.
of
recently
more
Restoration
the
reconditioning
The
li,390
*
for
board
World Commerce Corp.
597,986
433,099
16,935
Vice-President
a
at
properties.
In addition, it expects
machinery and equipment costing approximately $5,000,000.
for
11,380
debt———
and
the
pointed Manager
./V,"-.
•"
retroactive
increases,
.wage
559,750
139,888
9,930
Minority int. in net inc.
together constitute one plant which was used
during the war to manufacture cast armor hulls and turrets for tanks
and will be utilized by the lessee to manufacture oil tubing and allied
products. Western Reserve Steel has informed WAA that it expects to
'The
■
£35,432
184,159
'
on
§Portion
proved the lease to
490,106
457,911
12,800,654
19,582,387
—
of
Premium
24.621,086
—
Other interest
Western Reserve Steel Corp., Cleveland, O.—Lease—
12,545,363
——
Interest and amortiz. on
C.
51.
p.
Total
elected
been
Goodfellow,
Preston
M.
has
Hutton
elected, to
Eagle,"
Western Maryland Ry.—General Attorney
L.
Managing Director of Hambros Bank,
Hambros,
L.
leases and miscellaneous
World Commerce Corp.—New Vice-President, Etc.—
Edward
3,244,666;
of
replacement
of
first-out" inventories,
the basic cost thereof*.
1948—3 Mo.S.—1947
"last-in,
liquidated in prior years over
reduction *of
prior years'
Federal
estimated
taxes
resulting
Profit .after; .charges—.
-.$80,529
Income
•I
1948—-9 Mos.—1947
$193,275
.."$319,891
$775,096
36,108
63,532
119,630
280,993.
$44,421
$135,743
$200,261
$494,100
825,656
825,636
825.656
825,656
$0i05
taxes-„—
$0.16
$0.24
$0.60
therefrom.
for
during month--1
Deductions from net inc.
.."503.414
•858,234
1,934,183
9,675,347
4,000
Cr.49.1,000
1,184,000
1,780,000
CONSOLIDATED
.
(Including
Net
to
inc.
transferred
earned
surplus—'
169,
p.
-"512,414 U.
0.
21(
"367,234
750,183
7,895,347
Domestic
and
30,
1948
SHEET,
OCT.
Foreign
Subsidiaries)
$9.,896,640; accounts receivable (after -reserve for
doubtful accounts , of $696,120), $27,479,745; jnventQries, $63,Q89,598r
miscellaneous in,vestments and advance^ (at cost,.,less ;reserve), $1,004,-"
037^
estimated U.* S. taxes refundable as result of replacement of
ASSETS—Cash,
•Deficit.—V.
BALANCE
Net
profit
Capital
Earnings
•After
shares
per
_
outstdg.
.
share..—
deduction of $78,414
because of
devaluation'of
loss in revaluation
Mexican
currency.--V.
"I
qf Mexican subsidiary
168.
p.
134.
Volume
169
COMMERCIAL
THE
Number 4771
'
&
FINANCIAL
CHRONICLE
(421)
49
CITY DEPARTMENT
STATE AND
BOND PROPOSALS AND NEGOTIATIONS
V
Old
ARIZONA
Bonds Publicly
&
Eisen
City,
of
Kansas
publicly offering $50,000
are
bonds, divided as follows;
$6,000 2%
bonds.
Due
1950 to
from
1
Dec.
on
inclusive.
1952
tension
,
improvement
and
Due
bonds.
1 in
Dec.
on
1953
and 1954 inclusive.
2V2%
20,000
extension
and
Due
bonds.
sewer
improvement
Dec. 1 in 1955
on
and 1956 inclusive.
bonds.
Due
and
Dec.
tion $1,000.
1957
inclusive.
1958
Dated
Dec. 1 in
on
1948. Denomina¬
1,
Principal and interest
of
Gust,
Rosenfeld,
1
These
election held
Enclose
Dec.
on
certified
a
bonds
3, 1948.
bid
payable to the
Chairman Board of Supervisors.
for,
offered
Jan.
14—
Pertola
Elementary School District,
San Mateo County
(P. O.
Redwood City), Calif.
Bond Offering—W. H.
Augustus,
until
10
(PST)
a.m.
on
Feb.
purchase of $100,000 not
exceed
5%
interest building
bonds.
Dated
nomination
Feb.
1,
Feb.
1950
inclusive.
that all bonds offered for sale
sary
the
bear
but
The
=
issue of $180,-
Bonds Sold—An
000
Moulton &
H.
R.
bonds has been sold to
sewer
geles,
Co., of Los An¬
2V4s and 2y2s, at a price
as
of par.
School
Union
District,
San Diego
County (P. O.
San
Diego), Calif.
Bond Offering: — T. H. Sexton,
Sacramento
O.
on
Bond
purchase of $42,000
Arcade
tiot
5%
until
to
10:30
exceed
(PST)
a.m.
interest school
Dated Feb. 25,
bonds.
1949.
De¬
Dec.
District
a
sold
were
at
sold
for
cash
only and at not less than par and
The approving opinion, if
are awarded, of Vandewater, Sykes, Heckler & Gallo¬
way, of New York City, as to the
validity of the bonds will be fur¬
nished.
The
will
bonds
be
de¬
livered to the successful bidder at
the
or
Treasurer's office,
Village
about
will
April
notified
be
1949,
1,
when
and
the
for delivery.
aye ready
a
certified
or
cashier's
on
he
bonds
Calif.
Marin
11
«exceed
bonds.
-5%'
Dated
nomination
as
a.m.
interest
March
$1,000.
follows: $5,000
1,
.able, at
office:;
the
Treasurer's
The approving opinion of
County
Orrick, Dahlquist, Neff & Herrington, of San Francisca, will be
furnished the purchaser.
Enclose
check
for
a
certified
or
on
Weeden
were
net
a
2.59%,
as
&
Feb.
the
on
Co.,
;
same
of San
price of
cost of
sold at a
interest
cashier's
$5,000, payable to
the
Chairman Board of Supervisors.
1961
from
Due
to
inclusive.
1965
bonds
dated
are
Dec.
15,
1948.
15,000 2%s. Due
Bond
Rafael,
Sale—The
recreation
Jan.
on
The
center
18
was
of $185,-
bonds
of¬
awarded
to
bonds
the
at
These
dated
are
Dec.
$1,000.
15,
Due
the
at
City Treasurer's
are
Nov. 2, 1948.
of¬
the bonds author¬
general
election
on
Legal opinion of Or¬
Dahlquist, Neff & Herring-
ton, of San Francisco.
Santa
Rita
School
Union
authorized
were
the election held
at
Dec. 29, 1948.
on
CONNECTICUT
to
$20,000 3% Belleair Beach Cause¬
Hartford
1952 and
20,000
a
National
Bank
Co., Hartford, subject to legal
opinion of Day, Berry & Howard,
of Hartford, about Feb. 1, 1949.
Sold
Fla.
An
—
noon
Certificate Sale—The $2,900,000
Trust Co. of Darien, Da¬
Registerable as to principal light and water revenue certifi¬
only. Each bid must state a single cates offered Jan. 18—v. 169, p.
rate of interest for the bonds. Un¬ 52—were awarded to a syndicate
rejected,
are
the
complying wtih the terms of sale
offering to purchase all the
bonds at the lowest rate of inter¬
est
in
stated
of
1%.
multiple
a
The
of
1/10
will
be
pre¬
bonds
pared under the supervision of the
Home Bank & Trust Co. of Darien,
the authenticating certificate
by
of whose opinion will be fur¬
3y4s.
730,000 3V8S.
nished without charge to the pur¬
chaser. Bonds will be delivered to
Due
1950 to
on
Jan.
on
1
the purchaser on or about Feb. 16,
offered
Dec.
13
were
Security First Na¬
Bank, of Los Angeles, at a
of about
a
the
bonds,
of the
value of
the Town
par
payable
to
1
Housing Authority, Conn.
Offering—Hollis
Secretary,
D.
will
sealed bids until 11
Im-
in
receive
(EST) on
Jan. 27 for the purchase of $122,a.m.
Jan. 31, 1949.
Due
The full, faith and
Dated
notes.
April 24, 1949.
credit
of
the
Authority will be pledged for the
prompt payment of the principal
interest
and
the payment
on
the
notes
thereof will be
and
guar¬
anteed
cut.
by the State of Connecti¬
The validity of the notes and
of the guaranty
will be approved
by Robinson, Robinson & Cole of
Hartford, and
a copy
of such opin¬
by the Au¬
ion will be furnished
thority
the
to
chaser
or
successful pur¬
without
purchasers
net interest cost
2.55%,-as follows:
Canaan,
Sale
—
The
Conn.
$200,000 im¬
bonds offered Jan. 13
—v. 169, p. 151—were awarded to
Harriman Ripley & Co
Inc., as
,
l%s, at
about
Due
a
price of 100.05,
1.36%.
on
Dec.
Dated
1
from
a
Dec.
basis of
1,
1948.
1949 to 1968
Southern
Atlanta
Na¬
New
or
York
be agreed upon be<*f
may
the
been
Board
and
validated
Court
the
pur-^
of
by
the
Su¬
the
Troutman
on
whose
Jan. 19
opinion
will
the
be
bonds
held
& Kelley, of Atlanta*
unqualified
approving
and the executed bonds
furnished
purchaser.
authorized
on
Dec.
certified
Board
of
14,
without cost to
These
at
are
the
payable to
Education.
the
election
Enclose
1948.
cashier's
or
$80,000,
Co., of Toledo; Sing¬
Scribner, of Pitts¬
burgh, and the Channer Securities
Co., of Chicago, at a price of 100.0011, a net interest cost of about
2.728%, as follows:
&
check
the
a
for
County
IDAHO
Gooding County, Gooding Class A
Sch. Dist. No. 231 (P. O.
'
$20,000 4s. Due Dec. 1, 1950.
Gooding), Ida.
25,000 2%s. Due Dec. 1, 1951.
Bond
25,000 2%s. Due Dec. 1, 1952.
55,000 2V8S. Due on Dec. 1, 1954
V and
1955.
-
■
■
90,000 2y4s. Due on Dec. 1 from
1956 to
Wegener Si Daly, Inc., of Boise, at
a
price of 100.11, a net interest
cost
of
about
1958 inclusive.
30,000 2%s. Due Dec. 1, 1959.
$160,000
140,000 2V4s.
1964 inclusive.
105,000 2%s. Due on Dec. 1 from
on
Dec. 1 from
are
4
dated June
1, 1948 and they will be subject to
redemption prior to maturity as a
whole or in part in inverse order
Due
as
follows:
on
Feb.
I
1962 to
Due
on
Feb. 1 from
1969 inclusive.
'
Dated Feb.
1965 to 1967 inclusive.
2,465,000 2%s. Due
2.31%,
2y>s.
from 1950 to 1961 inclusive.
160,000 2y2s. Due on Dec, 1 from
1960 to
Sale—The $300,000 build¬
ing bonds offered Jan. 17—v. 168*
p.
2736—were awarded
to the
25,000 2y4s. Due Dec. 1, 1953.
All of the bonds
provement
Si
County and
the legality of the bonds will be
approved
by
Spalding,
Sibley,
1968 to 1977 inclusive.
New
in
as
have
& Beane, First of Michi¬
Corp., all of New York; Ryan,
Deane
Citizens
Bank,
perior
Sutherland &
er,
a.m. (EST) on Feb.
purchase of $4,000,000
chaser
within approximately 35>
days from date of sale. The bonds
Fenner
Note
the
tween
Ripley & Co., Inc., R. W. Pressprich Si Co., Merrill Lynch, Pierce,
gan
11
the
made
169, p. 152—were awarded to
syndicate composed of Harriman
Treasurer.
Bond
build¬
awarded to the
price of 100.01,
check for 2%
certified
a
Education, will receive sealed
for
City,
Bond Sale—The $3,000,000 water
charge.
Sale—The $108,000
bonds
Enclose
O.
Augusta, or at the
option of the holder, at the Chase
National Bank, New York City.
Delivery of the bonds will be
1, 1949.
bonds offered
of
at
Miami, Fla.
revenue
(P.
Ga.
Bond
Offering — Rupert
W.
Langford, Secretary County Board
tional
1966 and 1967 inclusive.
Dated Jan.
County
Augusta),
$133,000 in 1950 to 1974,
$135,000 in 1975 to 1979. Prin¬
cipal and interest (J-J) payable
1965 inclusive.
Due
Richmond
and
of
&
Jan.
,
GEORGIA
follows:
Co., both of New York,
Equitable Securities Corp., Stranahan, Harris & Co., Inc., of Toledo,
Ira Haupt & Co., of New York,
Welsh, Davis & Co., of Chicago,
Hawkins, Dela- $2,170,000
from
City, a
was submitted as the
school coupon or registered
bonds.
Dated Jan. 1, 1949.
De^
nomination $1,000.
Due Jan. 1, as
Heimerdinger, of Cincinnati, at a
of said bank will be signed there¬ price of 100.09, a net interest cost
on.
The legality of this issue will of about 3.19%, as follows:
approved
bid
one
2%%
and
be
call
sale.
1
Shields &
field & Wood, of New York
those
1980
bids until
composed of John Nuveen & Co.,
of Chicago, B. J. Van Ingen & Co.,
Leedy, Wheeler & Alleman,
Orlando, and Walter, Woody
1,
Beach
bonds
and
to
Only
of
issue
Belleair
are dated July
maturing from
inclusive are subject
beginning on July 1, 1953.
1948
1954
Lauderdale,
July
on
>
1 from 1956 to 1980 inclusive.
to
Fort
3l/2%
All of the
1,
Certificate
Due
1953.
Causeway bonds. Due on July
1, 1954 and 1955.
1,210,000 4% Belleair Beach
Causeway bonds. Due on July
Trust
&
bonds.
way
Bank &
bids
reve¬
18—v.
consisted of:
rien.
all
Jan.
on
p.
Griswold,
(EST) on $2,500,000 recerational center rev¬
Feb. 2 for the purchase of $75,000
enue certificates has been sold to
sewer
of 1949, series A, coupon
the Universal Construction Co., of
bonds.
Dated Jan. 15, 1949. De¬
Fort Lauderdale, as 4s. Dated Sept.
nomination $1,000. Due Jan. 15, as
1, 1948.
Due from 1950 to 1978
follows: $3,000 in 1950 to 1954, and
inclusive.
$4,000 in 1955 to 1969. Principal
and interest payable at the Home
Lakeland, Fla.
:
less
O.
Conn.
FLORIDA
award will be made to the bidder
11,
152—were awarded to a
seyndicate composed of Shields &
Co., and Allen & Co., both of New
multiple of V\
or 1/10 of
1%. To be payable at,
certified by and delivered.at the
Town Treasurer, will receive
until
June
$1,250,000
bonds offered
169,
Registerable as to
Bidders to name the
Darien, Conn.
bids
Bond Sale—The
nue
1969.
principal.
Bond Offering—Albert L. Brun-
District
O. Salinas), Calif.
(P.
Band
tional
of $200,-
Dated Jan. 1, 1949. Due in 20 years.
of
$12,000
Dec.
15,
1949
to 1963.
Principal and interest (J-D) pay¬
ing
issue
600 temporary loan
Calif.
issue
Denomination
1948.
rick,
bonds
mick,
Feb. 1 from
on
1960 to 1962 inclusive.
ized
Sold—An
Bonds
1950
rate of interest in
000 building bonds has been sold.
Feb. 1 from
on
1951 to 1959 inclusive.
000
Westminster), Colo.
(P. O.
Na¬
at 0.83%.
bonds.. Dated Jan. 1, 1949. Denom¬
$1,000. Due $35,000 Jan. 1,
Adams County Sch. Dist. No. 50
to
thereafter. Ac¬
County (P.
Clearwater), Fla.
ination
Meriden
follows:
$43,000 2V2S. Due
fice.:
$10,000 in 1955 to 1969, $15,000 in
1974.
Principal and interest (M-S) pay-
to
a
100.013,
1949. De¬
.1970 to 1973, and $17,000 in
1951
First
Boston,
100%
Pinellas
18
—v.
Francisco,
about
able
Due March 1,
from
Due
inclusive.
2V2S.
50,000
sealed
the
to
prior
or
at
York; Stranahan, Harris & Co.,
Inc., of Toledo; J. B. Hanauer Sz
Co., Newark; Jones B. Shannon Sz
Town
Treasurer, will
receive
sealed bids at the office of Day, Co., Detroit; Herbert J. Sims &
Co., of New York; Thomas & Co.,
Berry & Howard, 750 Main Street,
of Pittsburgh, and R. W.
Spragins
Hartford, until 3 p.m. (EST) on
Si Co., of
Memphis, at a price of
Jan. 24 for the purchase of $700,95.04, a basis of about 3.995%. Sals
000 school, issue of 1949 coupon
considered.
to
school
in 1950 to 1954,
1961
ner,
of
Bond Offering—c. M.
bid for less than par and accrued
interest to date of delivery will be
Due
bonds awarded
day
Bank
Jan.
on
Waterbury National Bank,
second high bidder, named a rate
of 0.85%, plus a premium of $6.
$58,000 Arden School Dis¬
The
trict
A
Kaiser & Co. of San Francisco.
S.
(PST) on Feb.
.,7 for the purchase of $252,000 not
to
Feb. 1 from
on
1974 inclusive.
1967 to
fered
\
100,000 2V4s.
These
tional
on
and
an¬
The
Wethersfield,
Due in 1949 and 1950.
$20,000 5s.
The
awarded
were
101%
1971
case.
$500,000 tax
ticipation notes offered
1 from
24,000 3s.
San
Jones,
County Clerk, will receive sealed
bids until
Due
for
County (P. O. San Rafael),
Bond' Offering—Geo.
from
1
crued interest to be added in eacix
1949, at the Central Hanover Bank
& Trust Co., New York City. No
$140, payable to the Village.
Mill Valley School District,
Feb.
on
1956 to 1966 inclusive.
Enclose
check
follows:
copy
Due
26,000 2%s.
demanded by the bidder to whom
the bonds
100.112,
2.89%,
1951 to 1935 inclusive.
accrued interest to the date of de¬
livery.
price of
a
151—
p.
follows:
cipal and interest (F-A) payable'
at the County Treasurer's office.
$10,000 3s.
be
169,
v.
net interest cost of about
as
will
D.
Co., of Sacramento, as pre¬
and
bonds
Bonds
William
to
29
viously noted in
The
cost
and
Details—The $60,000
School
nomination. $1,000.
Due Feb. 25,
as follows:
$2,000 in 1950 to 1967,
$3,000 in 1968 and 1969. Prin¬
Chairman
County School Districts
Sacramento), Calif.
Sale
awarded
James
7, 1948.
cashier's
or
payable to the
Board of Supervisors.
Jan. 24 for the
at
certificate of deposit for
or
(P.
bonds.
Dec.
on
certified
a
the
authorized
$1,000,
County Clerk, will receive sealed
bids
of
were
election held
Enclose
legal opinion
own
legality
bonds
check
Lakeside
a
of 1%.
his
the
These
the
in
be
purchaser will be required
to
as
interest,
shall
interest
furnish
to
of
rate
same
such
multiple of %
CALIFORNIA
Belvedere, Calif.
price of 100.004, a net
of about. 2.524%, as
a
interest
of San Fran¬
Co.
Trust
Principal
1974.
to
interest (F-A) payable at the
and
Dated Jan. 1,
Due Jan. 1 from 1950 to 1963
1949.
cisco, at
1, 1949.
De¬
Due
$4,000
$1,000.
p.
cost of about 2.55%.
Jan. 19—v. 169,
awarded
to
tne
COLORADO
151—were awarded to T. County Treasurer's office.
J. Raney & Sons, of Little Rock,
Split rate interest bids will be
on a
bid reflecting a net interest
received and it shall not be neces¬
169,
v.
American
sewer
on
151—were
p.
cashier's
or
check for 3% of the amount of the
to
County (P. O.
Eureka), Ark.
Sale—The $60,000 county
bonds
Supervisors' office.
at
100.88.
Waterbury, Conn.
Sale—Tne
bonds.offered
,
Corp., and R. D. White & Co.,
jointly, for iy>s> at a price of
Note Sale—The
Selma, Calif.
$240,000
Bond
the bonds authorized at
are
:
.
Jan. 1 from
and de¬
1 for the
Carroll
hospital
multiple of
a
%. Payment for
in the Board of
bids
.
in
be
to
County Clerk, will receive sealed
ARKANSAS
Bond
1969.
to
livery of the bonds will be made
Divelbess,
Robinette & Linton of Phoenix,
'
Due
$1,000.
1951
of interest
(J-D) payable at the Town Treas¬
urer's office.
Legality approved
by
1,
Jan. 1 from
on
on
bid-11, 1961; thereafter at 102% on or
Securities1 prior to June 1, 1966; thereafter
Equitable
was
1966 to 1971 inclusive.
De¬
1949.
1,
$3,000
Principal
and interest (F-A) payable at the
County Treasurer's office.
Rate
the
20,000 2%% water and sewer exten s i o n
and improvement
Feb.
Dated
nomination
1/4
and
water
bonds.
Due
Due
The second highest
inclusive.
der
1960 to 1965 inclusive.
28,000 2%s.
purchase of $57,000 not
5% interest building
exceed
to
Feb.
4,000 21/4% water and sewer ex-
30,000 2V2s.
G. Sharp,
W.
—
Due on Jan. 1 from
1950 to 1959 inclusive.
v
County Clerk, will receive sealed
bids until 10 a.m. (PST) on Jan.
25 for the
water and sewer ex¬
and
improvement
tension
Offering
Bond
$50,000 2V4s.
(P. O. Los Angeles),
Calif.
Offered—Lucas,
Wackerle,
Dist., Los Angeles
Sch.
River
County
Holbrook, Ariz.
est
bidder
1, 1949. Second high^Blyth Si Co., for
was
$101,000 3s; $44,000 2s, and $155,000 2y4s, at a price of 100.00, a
basis of about 2.32%.
.
ILLINOIS
Arlington Heights, III.
interest
Bonds Sold—An issue of $17,000
104%
fire equipment
on or prior to June 1, 1956; therebonds has been
after at 103% on or prior to June purchased
by
the
Arlington:
on
June 1, 1951 or on any
payment date thereafter at
50
THE
(422)
Heights'National Bank, as 3s, at
a
price of 102.417.
Jan. 28 for the
to
not
000
.
loan warrants. Dated
1949. Due Dec. 31, 1949.
approving opinion of Ross,
temporary
Brownst.own, III.
Jan.
Sold—An issue of
Bonds
$4,500
The
fighting equipment bonds has
sold to the First National
fire
28,
been
at
a price of par. Dated Jan. 1, 1948.
Due on July 1 from 1949 to 1957
Bank, of Brownstown, as 3V2S,
McCord, Ice
& Miller, of Indian¬
apolis, will be furnished to
purchaser at the expense of
City.
works revenue
Clerk of the Board of
Trustees, will receive sealed bids
until 11 a.m. (CST) on Jan. 27 for
the purchase of
$6,525,000 1949
corporate purpose tax anticipation
warrants. Warrants will be in de¬
Hartnett,
the
the
Moroc¬
co State Bank, of Morocco, as 2s,
as previously noted in v. 169, p. 52,
were sold at a price of par.
school bonds purchased by
multiples
nomination of $1,000 or
thereof and will be numbered be¬
East
Warrants
Chicago,
Sold
—
$230,000 water
refunding and im¬
provement bonds offered on Jan.
18—v. 169, p. 52—were awarded
to John Nuveen & Co. of Chicago,
Twp., Sch. Twp., Ind.
Sale Details—The $18,000
Bond
Chicago Sanitary District, III.
Warrant O f t e r i n g—Bryan
Sale-—-The
Bond
Beaver
inclusive.
after and
Valparaiso, Ind.
purchase of $150,ll/2% interest
exceed
accrued interest at the coupon
and
the
& Co.
Sale—The
Bond
$250,000
specified must be a multi¬
ple of 14 of 1%. The City will fur¬
nish
the
approving opinion
of
Chapman
Gary School City, Ind.
Bond Offering — j. W. Davies,
Secretary of the Board of School
place and dated, all as may be Trustees, will receive sealed bids
agreed upon by the District and until 7:30 p.m. (CST) on Feb. 8
purchaser of the warrants. War¬ for the purchase of $440,000 not
rants will be payable in the nu¬
to exceed 4% interest school im¬
merical order of issuance begin¬
provement, series 43 bonds. Dated
ning with the warrant having the Feb.
1, 1949. Denomination $1,000.
lowest number, being number A-l,
Due $220,000 Feb. 1, 1961 and 1962.
and
both principal and interest
Principal and interest (F-A) pay¬
thereof
will
be
payable solely able at the
Gary National Bank.
from the taxes anticipated and the
Bidders will be required to name
warrants will so recite. Bidders to
the rate of interest the bonds are
name the rate of interest in a mul¬
to
the
and
composed of the Equitable
Scharff & Jones,
John Dane, on a bid reflect¬
ing
close
$500,000. En¬
certified check for $8,000.
a
me¬
hospital bonds offered Jan.
169, p. 248—were awarded
Raffensperger, Hughes & Co.
to
a
Indianapolis, as l3/4s, at a price
of 100.812, a basis of about 1.66%.
Dated Feb. 1, 1949 and due semi¬
annually from July 1,
1948 to
inclusive.
1968
1,
bear.
La.
public sive, and $92,000 23/4S,. due on Feb.
1 from 1960 to 1969 inclusive. ;
offered Jan.
The two issues of Public Im¬
18—v. 168, p. 2736—were awarded
to the Farmers & Merchants Bank, provement bonds are ^authorized
under
the
authority of Article
of Breaux Bridge, as 3s. The offer¬
Breaux
Bridge,
Bond Sale—The $195,000
bonds
improvement
Second
XIV,
bonds; $65,000 series B, and $65,Sewerage District No. 1 bonds.
The bonds are dated Feb. 1, 1949
tution
and mature
on
the
Feb. 1 from 1951 to
$90,000
sewer
bonds purchased by the
Iowa-Des Moines National Bank &
East
of Des Moines, as previ¬
Trust Co.,
Batcn
Rouge Parish Consoli¬
School
dated
District
No.
*
Author¬ le.y & Co., for 13/4s, at a price of
(P. O. Danville), III.
The $200,000 air¬
ity
Sale
Bond
—
Perry
169,
the Mer¬
port bonds offered Jan. 19—v.
p.
248—were awarded to
Bank
Township
Evansville), Ind.
Township, School
(P.O.
Bond
Offering
—
George C. P.
Kitzinger, Trustee, will receive
Edwards & Sons, sealed bids until 7:30 p.m. (CST)
jointly, as 2s, at on Jan. 28 for the purchase of
a
price of 100.1245, a basis of $84,000 not to exceed 4V2% build¬
about
1.989%.
The bonds -are ing improvement bonds. ' Dated
dated Jan. 1, 1949 and mature on Jan. 15, 1949. Denomination $1,000.
Jan. 1 from 1954 to 1969 inclu¬ Due $5,000 July 1, 1950 and Jan.
sive.
Second high bid of .100.089 and July 1, 1951, $5,000 Jan. and
for 2s was made by the Harris $4,000 July 1, 1952, $4,000 Jan. and
Trust & Savings Bank of Chicago. July 1, 1953 to Jan. 1, 1960. Prin¬
cipal and interest (J-J) payable
& Trust
cantile-Commerce
Co., and A. G.
both of St. Louis,
West
000
Frankfort, III.
at the
Sold—An issue of $350,-
Bonds
sewage
disposal plant bonds
Kindred
Franklin Bank & Trust Co.,
Evansville/; Bidders
will
be
1921,
Securities
Co., both of Chicago, jointly.
interest rate must be in a
INDIANA
Ind.
The $20,000 sewer
Anderson,
Bond Sale
—
improvement
fered
were
ger,
on
of
bonds of¬
1948
Jan. 14—v. 169, p.
152—
awarded to the Raffensper-
Hughes & Co., of
Indianapolis
IV2S, at a price of 100.50, a basis
of about 1.41%. Dated Dec. 1, 1949.
as
July 1 from 1950 to 1959
inclusive. Second highest bidder
Due
was
on
City Securities Corp.,
apolis,
for
iy2s,
at
a
Indian¬
price of
100.29.
Anderson,
Warrant Offering
Ind.
— Ernest
W.
Coburn, City Clerk, will receive
sealed bids until 10 a.m. (CST) on,
Glasgow, Ky.
—
Malcolm R.
Offering
.(P. O. Baton Rouge), La.
$8,000,-
Bond Sale—The issue of
City
Smith,
Clerk,
sealed bids until
on
for
25
Jan.
will
$400,000 not to exceed 4%
water
and
receive
7:30 p.m. (CST)
the purchase of
sewer
revenue
interest
bonds.
terest .school
fered
on
in
noted
Jan.
bonds
being
25,
in
1,
Act
1968, $37,000 in 1969,
1970, and $19,000 in
Bonds maturing in 1956 to
$36,000
$38,000
1971.
1973
1948. Denomination
MARYLAND
Oakland), Md.
in
in
in
are
to
be
optional
for
re¬
Such
multiple
demption by the City prior to ma¬
169,
Sachs & Co., White,
and R. D. White &
Goldman,
&
Weld
Co.,
Co., all of New Yorkv*at a price
of 100.06. a net interest cost Of
about 2.02%,
follows:
as
Due on Feb. 1 from
$225,000 3s.
inclusive.
1950 to 1952
Due on Feb. 1 from
1,275,000 2s.
1953 to 1969 inclusive.
\!
Feb.
Dated
V
1949.
1,
'
-
.
Washington Suburban SaniLary
District, Md.
Bond
Sale — The
$2,000,009
on Jan. 19—v, 169,
awarded to a syn¬
composed of Glore, Forgan
Co., White, Weld & Co., Horn-
bonds offered
152—were
p.
dicate
of¬
&
&
B.
Co., Inc., all of New York; M.
Vick
&
Co.,
Chicago; Fox,
■
&
Reusch
Cincinnati, and
Co. of New
of
Co.
Frederick
Paul
&
York, at a price of par, a net
terest cost of. about 2.929%,
follows:
in¬
as
i
VVV
series
$1,000,000
and
main
bonds:
$250,000
due
4s,
on
1, 1950 to 1959 inclusive;
Jan.
on Jan.
1
1983 inclusive,
due
3s,
$600,000
to
1960
from
and
wafer
x
construction
sewer
*
$150,000 2V2s, due on Jan.
1984 to 1989 inclusive.
from
1
series
1,000,000
bonds:
from
clusive,
due
1950
to
on
due
to
on
1983
in¬
$150,000
and
Jan.
from
1
in¬
1959
3s,
1960
from
1
water
dueon
4s,
$600,000
clusive;
Jan.
WWW
$250,000
1
Jan.
the
Delivery
Van Ingen
blower & Weeks, B. J.
1955, $24,000 in 1956,
1957, $27,000 in 1958,
interest rate.
about Feb. 25, 1949.
average
p.
152—were
syndicate composed
Union^ Securities ;Corp.,
the
of
bidder.
Split in¬
terest rates may be bid, but bid¬
der
will
be
required to show
by
1949
18—v.
awarded to a
$28,000
nated
of
school
lic
Jan.
$1,500,000. pub¬
bonds offered
Sale—The
Bond
v.
1954 and
(P. O.
County
Garrett
as
$26,000
1921, as amended.
the year
in 1959, $29,000 in 1960,
$1,000. Due May 15, as follows: $30,000 in 1961, $31,000 in 1962,
$32,000 in 1963, $33,000 in 1964,
$7,000 in 1952 and 1953, $8,000 in
1954 to 1956, $9,000 in 1957 to 1959, $34,000 in 1965, $35,000 in
1966,
$14,000 in 1960 to 1962, $31,000 in $36,000 in 1967, $37,000 in 1968,
1963, $32,000 in 1964, $33,000 in and $38,000 in 1969.
1965
and 1966, $34,000
Rate of
interest to be desig¬
in 1967,
Dated Nov. 15,
o.t" the Constitution'
1921, and
80 of the State Legislature for
Section 14 (m)
of the State for the year
169, p. 53—are due
follows: $21,000 in 1951
and 1952, $22,000 in 1953, $23,000
Feb.
Light Revenue
Utility bonds are authorized un¬
the authority of Article XIV,
previously
as
Water
The
amended.
as
der
1
turity in the inverse order of their
maturity (less than all of a single St. Bernard Parish Sch, Dist. No. I
(P. O. Chalmette), La.
of V\. of 1% and not more than one maturity to be selected by lot)
Bond Offering J. F. Gauthier,
interest rate shall be named by on any interest payment date on
of the Parish School
each bidder. The legal opinion of or after May 15, 1955, with a stipu¬ Secretary
lation that the City will pay to the Board,' will
receive sealed bids
Ross, McCord, Ice & Miller, of In¬
(CST) on Feb. 10
holder of any.of such bonds thus until 10 a.m.
dianapolis,
will accompany the
for the purchase of $200,000 not
redeemed additional interest in an
bonds, without cost.
exceed
4%
interest
school
amount equal to 3% of the princi¬ to
Scottsburg, Ind.
Dated Feb. 1, 1949.
De¬
pal amount thereof if called for bonds.
Bond Sale Details—The $13,500
Due on Feb.
redemption on or prior to May 15, nomination $1,000.
electic utility revenue bonds pur¬
1957;
2V2%
of
the
principal 1 from 1950 to 1969 inclusive. The
chased by the City Securities Corp.,
amount thereof if called for re¬ bonds were authorized at an elec¬
of Indianapolis, as previously noted
Legality ap¬
demption thereafter and on or tion on Dec. 14.
in—v. 168, p. 2736—were sold as
prior to May 15, 1960; 2% of the proved by B. A. Campbell, of New
3V2s, at a price of 100.46, a basis
principal amount thereof if called Orleans. <
of about 3.24%.
for redemption thereafter and on
Thibodaux, La.
or prior to May 15, 1963; \xk% of
Sharpsville, Ind.
ond Sale — The following
the
Bonds Sold—An issue of $80,000
principal amount thereof -if
water works revenue
bonds has called for redemption thereafter $300JM)0- bonds offered on Jan. 17
and on or prior to May 15, 1966; —v;168, pr; 2787—-were awarded to
been sold to the Cincinnati Mu¬
a syndicate composed of the Eouitnicipal Bond Corp., of Cincinnati, 1% of the principal amount there¬
able Securities Corp., Scharff &
of if called for redemption there¬
as 4V4S, at a price of par.
which the bonds are to bear.
Co., and the Midland
re¬
quired to name the rate of interest
has been sold to Barcus,
&
I
Bond
100.58.
the year
as
Works and Electric
Iowa
Details—The
Consti¬
of the
14,
State for
the
of
amended, and Act 46 of
State Legislature for the year
1921,
0C0
1969 inclusive.
Algona,
Section
ing consisted of: $65,000 series A
IOWA
Sale
cost of about
interest
net
on
high bid of 100.755 for l%s was
made
by the Union Trust Co.,
Indianapolis.
Bond
.
2.79%, as follows: $58,000 3s, due
Feb. 1 from 1951 to 1959 inclu¬
LOUISIANA
of
July
of
000 school building bonds offered
Approving opinion of Chapman ously noted in v. 168, p. 2056, were on Jan. 19—v.
168, p. 2737—were
sold as 2s, at a price of 100.083, a
& Cutler, of Chicago, which opin¬
awarded to a syndicate headed by
printed warrants and the approv¬ ion
together
with the
printed basis of about 1.98%.
the Northern Trust Co., and Haling opinion of Chapman & Cutler, bonds will be furnished at the
Fort Dodge, Iowa ■
of Chicago, will be furnished by
sey, Stuart & Co., Inc., both of
expense of the School City. En¬
Bond Offering—Robert H. ClelChicago, as 2V2S, at a price Of 101.the District.
Enclose a certified
close a certified check for $10,000,
land,
City
Clerk,
will receive 799, a basis of about 2.34%. The
check for $130,500, payable to the
payable to the Treasurer of the sealed bids until 11 a.m. (CST) bonds are dated Feb. 1, 1949 and
District.
School City,;
on
Jan. 31
for the purchase of mature on Feb. 1 from 1950 to 1968
Lake County, Round Lake Sanitary
$100,000
water
revenue
bonds. inclusive.
Gibson County (P. O.
;
District (P. O. Round Lake),
Other members of the under¬
Dated Feb. 1, 1949.
Denomina¬
Princeton), Ind.
Illinois
tion $1,000.
Due Feb. 1, as fol¬ writing group are as follows; Har¬
Bond Sale—The $35,000 jail of
Bond Sold—An issue of $300,000
1948 bonds offered Nov. 26 — v. lows: $10,000 in 1950, $15,000 in ris Trust & Savings Bank of Chi¬
3%
and 3%%
bonds has been
168, p. 2167—were awarded to a 1951, and $25,000 in 1952 to 1954; cago, Chase National Bank of New
purchased by Benjamin Lewis &
group
composed of the Indian¬ Bidders should specify the rate of York, Harriman Ripley & Co., Inc.,
Co., of Chicago.
Due in from 1
apolis
Bond
Share Corp., interest, but no award will be Phelps, Fenn & Co., Blair & Co.,
to 20 years.
Fletcher Trust Co., and the City made on any bid of less than par Inc., R. W. Pressprich & Co., Estabrook & Co., all of New York,
Manito, III.
Securities Corp.,
all of Indian¬ and accrued interest.
Trust Co. of Georgia, of Atlanta,
Bonds Sold—An issue of $40,000
Principal and interest payable
apolis, as 2V4s, at a price of 100.09,
street
improvement ...bonds J, was a basis of 2.23%. Dated Pec.. ,1. at the City Treasurer's office: The Hemphill, Noyes & Co., First of
Corp.,
both of
New
1948.
Due on July 1, from 1950 City will furnish the bonds, and Michigan
sold to Ballman & Main, of Chi¬
York, Newman Brown & Co., of
to 1957 inclusive.
cago.
the approving opinion of Chap¬
New Orleans, R. S. Dickson & Co.,
man & Cutler, of Chicago, and all
La
Metamora, III.
Grange County (P.' O.
C. F. Childs & Co., both of New
bids may be so conditioned. En¬
La Grange), Ind.
Bond Sold—An issue of $65,000
York, Martin, Burns & Corbett,
close a certified check for: 2% of
Bond Sale—The $125,000 county
street
improvement
bonds has
Mullaney, Wells & Co., both of
the principal amount of bonds bid
been sold to C. E. Bohlander &
hospital, 1949 bonds offered Jan.
Chicago, Courts & Co., of Atlanta,
for.
19—v. 159, p. 52—were awarded
Co., of Bloomington.
V:
Commerce Trust Co., of Kansas
to a
Swea City, Iowa
syndicate composed of the
City, Weil & Arnold, of New Or¬
Sumner, III.
Indianapolis Bond & Share Corp.,
Bonds Sold—An issue of $39,000 leans, Leftwich & Ross, of Mem¬
Bond Sale Details—The $10,000
Fletcher Trust Co., City Secur¬ water
works system
bonds has phis, Nusloch, Baudean & Smith,
sewer
improvement bonds pur¬
ities
Corp.,
and Raffensperger, been sold to Wheelock & Cum¬ and G. Price Crane, both of New
chased by the First National Bank,
Hughes & Co., all of Indianapolis, mins,
of
Des
Moines.
These Orleans.
of Sumner, as previously noted
as
l3/4s, at a price of 100.60, a bonds were authorized at the elec¬
in v.
168, p. 2591 were sold as basis of about 1.68%. Dated Feb.
Evangeline Parish Cons. Sch. Dist.
tion held on July 15, 1948. i
3V2S, at par, are in the denomina¬
No. 2 (P. O. Ville Plate), La.
1, 1949. Due on July 1 from 1950
tion of $1,000 and are due on Dec.
Bond Offering Details — The
to
1969
inclusive.
The second
KENTUCKY
1 from 1949 to 1958 inclusive.
$550,000 not to exceed 4% in¬
highest bidder was F. S. Mose-
County Airport
were
Securities Corp.,
issue
tiple of Vs of 1%, and must be the
same for all of the warrants.
The
Vermilion
day
same
electric
bonds offered onawarded to a
utility
revenue
$150,000
light
The
—
and
works
water
group
19—v.
ginning with number A-l, and
principal of and interest upon the
warrants will be payable at such
Cutler, of Chicago,
may
be so condi¬
&
bids
all
Sale
Additional
authorized
$150,000
inclusive.
1969
to
1951
rates
morial
sold
East
150,000 series B public improve¬
ment bonds. Due Feb. 1 from
tioned. These bonds are part of an
Whitley County (P. O.
Columbia), Ind.
Ind.
An issue of
time warrants has been
to the First National Bank, of
Chicago, at 1 %.
same
1969 inclusive.
to
1951
with all bonds of
maturity bearing the
interest rate and such rate
same
and
v
.
than two rates of inter¬
more
est for the bonds
or
2.748%:
maturity.
Interest $150,000 series A public improve¬
ment bonds. Due Feb. 1 from
Each bid should specify
prior to
(M-N).
price of 100.131, a basis of about
2.109%. Dated Jan. .15, 1949 and
due
semi-annually from July 1,
1949
to
Jan.
1, 1966, inclusive.
Second high bid
of 100.662 for
2V2s was made by F. S. Moseley
15, Jones, Glas & Co., and John Dane,
all of New Orleans, as 2%s, at
rate a price of 100.02, a basis of about
and
redemption thereafter
if called for
not
City
prior to May
or
on
1969, and upon terms of par
Securities Corp. of
Indianapolis, jointly, as 2V8s, at a
the
and
Monday, January 24, 1949
& FINANCIAL CHRONICLE
COMMERCIAL
2%3,
1984
to
inclusive.
1989
All of the
bonds
are
dated Jan.
1, 1949 and second high bid of par
for $250,000 4s, $900,000 3V4s, arid
cost
by
of
a
Fenn
or a net interest
2.932%, .was made
2%s,
$850,000
about
syndicate headed b,y Phelps,
& Co., Inc., New York.
MASSACHUSETTS
Agawam Housing Authority, Mass.
Note Offering — Raoul A.
Chairman,
Charpentier,
sealed bids at the
ceive
the
State Housing Board,
mont
(EST)
on
of
num
18 Tre<-
Jan. 25 for the pur¬
$50,000 temporary loan
Dated
notes.
Nov.
re¬
Street, Boston, until 1 p.m.
chase
bear
wilL
office of
18,
Feb.
1949.
interest
fixed
in
1,
Said
at the
the
1949.
Due
notes
will
rate
per
an¬
proposal
ac¬
for!
the .purchase of said
notes, will be issued in such de¬
nominations*.,as
the
purchaser
cepted
designates
in
his^ proposal,
and
Volume
both
be
Number 4771
1&9
principal
payable
and Interest
will
First National
at the
Bank, of Boston.
Boston
Metropolitan District, Mass.
'Note Sale—$3,000,000 series A
nbtes of 1949 oiiereu
on
Jan. 19—
v:
169) p.., 152—were aWaraed 10 a
group.-composed of th£ National
„
Shawmut
Bank,
First
.
National
Bank,' Merchants National Bank,
and
the
Rockland-Atlas
other
Bank
of
bidder,,
Boston,
named
at
purchaser's
execution at his ex¬
Bonds will be delivered at
pense.
school coupon bonds. Dated Jan. 1,
cashier's check for $5,000,
to the District Treasurer.
i-
sealed
bids
at
the
office
of
the
Housing Board, 18 Tremont
Street, Boston, until 1 p.m. (EST)
Jan.
on
25
$80,000
for
the
purchase
temporary
or
payable
...
Offering—Ella
loan
of
notes.
M.
District Secretary,
re¬
bids-. untiL ,8
p.mA
(EST)
on Jan. 27 for the purchase
$150,000 not to exceed 4% in¬
terest
general
obligation coupon
1, 1949.
De¬
nomination $1,000.
Due $10,000
July 1, 1950 to 1964.
Bonds ma¬
turing in 1955 to 1964 shall be
bonds.
Dated
Jan.
Dated
Feb.
1,. 1949.
Due Aug. 1,
Authority will furnish
an opinion
by Storey, Thorndike,
Palmer & Dodge, of
Boston, ap¬
proving the validity of the notes
subject to redemption at the
1949.
The
tion
and of the
to
of
the
numerical
the
plus
monwealth.
The
on
on
op¬
inverse
interest
any
after July
or
fixed
date
redeemed
by the Com¬
in
1,
1954, at par and accrued interest
terest
said notes
order,
payment date
guarantee of the pay¬
ment of the principal of and in¬
on
District
for
redemption
premium for each bond
a
follows:
as
As
to
so
each
of such
bond called for redemption on or
opinion will be borne by the Au¬
after
July 1, 1954, but before
July 1, 1956, $20; as to each bond
called for redemption on or after
July 1, 1956, but before July.;!,
thority. '
expense
;
.
Maiden,
.
Note
Mass.
Offering
J.
—
Howard
Hughes, City Treasurer, will re¬
ceive sealed"bids until noon. (EST)
Jan.
on
27
for
the
purchase
of
$750,000
temporary ' loan notes.
Jan. 27, 1949. Denomina¬
Dated
tions
$50,000
and
$25,000. Due
Oct. 27. 1949. Payable at the Na¬
tional Shawmut Bank of Boston
1958; $15; as to each bond called
for redemption on or after July 1,
1958, but before July 1, 1960, $10;
to each bond called for redemp¬
as
tion
after
July 1, 1960, but
July 1, 1962, $5.
No pre¬
miums
shall
be
paid on bonds
on
or
before
called
for redemption on or after
-
and will be ready for
delivery on
or
about Jan. 27,
1949, at said
bank.
The
ticated
notes
to
as
will
be
authen¬
genuineness and
va¬
lidity by the National Shawmut
Bank of Boston, under advice of
Storey,; Thorndike,
Palmer
&
Dodge, of Boston.
July 1, 1962. Principal and interest
(J-D) payable at the Bank of
Lansing, Lansing. Rate of interest
to
in
be
multiple of V\ of
a
1%
Bids shall be conditioned upon the
unqualified
opinion of
Miller
Canfield, Paddock & Stone of De¬
troit, which opinion will be fur¬
nished,
without
Pittsfield Housing Authority, Mass.
Note Sale
The $450,000 notes
offered Jan. 18—v.
169, p. 249—
thereof, approving the legality of
were
furnish
—
awarded
Shawmut
0.84%.
the
of
Dated Jan.
On Nov. 4
second
ers
to
Bank,
National
Boston,
at
purchaser" prior
the
bonds.
tion
The
bonds
his
at
execu¬
will
Bonds
expense.
18, 1949.
Due
be delivered at the Bank of Lans
5, 1949.
The
ing,
and Dec.
highest bidder was Bank¬
Co., of New York, at
Trust
Enclose
certified
a
check
sealed
bids
Jan.
$300,000
Dated
until
25
for
11
a.m.
(EST)
purchase of
the
temporary
Jan.
18.
loan
1949.
Denomina¬
tion
$25,000. Due Nov.
Payable at the Second
Bank, of Boston.
be
j
and
ness
1949.
National
by
genuine¬
the
Second
of
Boston, under
Ropes, - Gray,
Best,
&
Rugg,
of
Boston,
opinion will be furnished
advice
,r
to
as
validity
Bank
15,
The notes will
authenticated
/National
notes.
.of *
aCoolidge
whose
the purchaser/
The notes will be
delivered
on
or
about
Jan. 27,
1949; at the Second National Bank
of
.
Boston,
Boston
against
payment
in
funds.
for
Note
■
Sale—The
•offered
were
Jan.
cashier's
or
169,
to the
v.
notes
249—
Second Na-
'
tional Bank, of Boston, at 0.743%.
Dated Jan. 18. 1949.
Due on Nov.
/ 4 and Dec. 5, 1949.
not
000
Cold water School District, Mich.
Bond Offering—George C. Kel*sey,- Secretary of the Board of
receive
sealed
"bids until 3 p.m. (EST) on Jan. 26
for
s.to
the
purchase
exceed
3%
of
$175,000 not
interest
building
/coupon bonds.
f\1949.
exceed
Dated February 1,
Denomination $1,000.
Due
Branch
Bank, Coldwater.
County
Savings
Rate of interest
'
'to
be
in
receive
3y2%
interest
con¬
bonds.
coupon
Dated
Sept. 1, 1948. Denomination $1,000
Due $4,000 Sept. 1, 1949 to 1953
Rate
of
interest
to
be
in
a
mul¬
tiple of Yi of 1%.
interest
Principal and
payable
at
the
City
office.
(M-S)
Treasurer's
The
terest rate for each coupon
on
multiples
of
of
1%,
Bids will be conditioned upon the
^unqualified opinion-of the pur¬
chaser's attorney, to be secured
redemption plus
bond
redemption
pre¬
a
redeemed
so
after April
or
on
1', "1953, but before April
1, 1955,
$15; as to each bond called for
redemption on or after April 1,
rate
only.
of
Accrued interest to
delivery of such bonds
must be paid by the purchaser at
time of delivery.
shall
be
conditioned upon
unqualified opinion of Miller
Canfield, Paddock & Stone, of De¬
troit, approving the legality of the
bonds, which opinion shall be
without expense to the purchaser
of the bonds.
The purchaser shai
at
the
City Treasurer's
office, or such other place as may
be
agreed upon with the pur¬
chaser.
Enclose
a
certified
or
cashier's check for 3% of the face
amount
the
of the bonds, payable to
City Treasurer.
Kalamazoo
Township, Northwood
(P. O. Kalamazoo),
Fire District
Mich.
Bond
Sale Details—The $40,000
special
chased
of
v.
assessment
bonds
pur
by E. H. Schneider & Co
Kalamazoo, previously noted in
168,
price of
2592—were
par.
sold
at
the
may
Enclose
certified
a
check,
on
on or
cashier's
or
bank draft for $1,000,
payable to the County Treasurer.
Livingston,
or
Bond
Sale
Bond
Sale Details—The
$55,000
permanent
improvement revolv¬
ing fund bonds purchased by Alli¬
son-Williams Co., of Minneapolis,
sold
were
100.63,
as
2V4S, at a price of
basis of about 2.14%.
a
$75,swimming pool bonds pur¬
chased by Kalman & Co., of St.
Paul, as 2s, at a price of 100.20,
Sale
basis
a
due
are
169,
v
to
the
Bank,
Bank, Midland Na¬
all of Minneapolis,
Bank,
the
and
First
Paul
National
Bank
of
jointly, at 1%%.
1,
1949.
from 1950 to
Due
Dated
March 1
on
1969 inclusive.
—
to
ed
Note
chaser,
the
the
upon
unqualified opinion of Miller,
Canfield, Paddock & Stone of De¬
will be fur¬
expense
to the
1,
Feb.
1,
any charge made by such
for delivery service to be
nished
without
prior
to
delivery
the
thereof, approving the legality of
the bonds.
The purchaser shall
furnish bonds ready for execution
at his expanse.
Bonds will be de
livered at the Farmers State Bank,
Webberville,
or
such
other place
be agreed upon with the
purchaser.
Enclose a certified or
as
may
cashier's
check
for
$520,
payable
to the District Treasurer.
.
Bond
..Bonds Sold—An issue of $6,000
and
bonds
has
National
construction
bridge
been
sold
the
to
First
of Flint Falls,
:
1
■"
Bank,
2V2s. Interest J-J.
Bond
as
Sale
1.77%.
Bond
Falls,
Sale Details—The
certificates
of
—
C. A.
Strom,
1951 to 1960.
interest at
partment,
at
a
price
of
interest
and
bank
tier. '"^Bidders
the
in
desired
specified
Jan. 3 from 1950 to
clusive.
trust
Bond
1952, in¬
are
at
—
000.
1,
Due
Dec.
18,
1949.
and
$25,-
1949. Issued in
or
Storey, Thorndike,
Palmer & Dodge, of Boston.
Portsmouth, N. H.
any
required' to state
interest rate
No t
or
rates
1/10 of 1%.
S al
e
e
notes
offered
were
"awarded
National
The
—
Jan.
the
to
Bank,
$300,000
18—v.
249—
Merchants
of
Boston,
at
19, 1949. Due
Aug. 19 and Sept. 19, 1949.
0.721%. Dated Jan.
on
aEW JERSEY
Bloomfield, N. J.
;
the
and
approving legal
Bond Sale—The $385,500 school
& Benson, of bonds offered Jan. 17—v.
168, p.
Minneapolis, both without cost to 153—were awarded to a
group
the purchaser, and delivery there¬
composed
of
Shields
&
Co.,
of will be made within 30 days
Minsch, Monell & Co., both New
after acceptance of bid. These are
Yoik, and A. Webster Dougherty
the bonds authorized at the elec¬
& Co., of Philadelphia, as 1.65s,
tion held on May 20, 1948. Enclose
at a price
of 100.05, a basis of
a
opinion
of Faegre
certified
bank cashier's check
or
$3,000, payable to the County
about 1.64%.
Due
on
lor
County (P. O.
Falls), Mont.
— Charles Regan,
Great
Bond Offering
bids
until
2
1950
to
1969
highest bidder
Lehman Bros, and Kean,
Clark
Township School District
(P. O. R. F. D. No. 1,
Rahway), N. J.
p.m.
Feb. 15 for the purchase
of $175,000 not to exceed 6% in¬
Brewer,
terest
ceive
Bond Offering—Charles H.
on
county
hospital
bonds.
Dated April 1, 1949. Amortization
from
&
County Clerk and Recorder, will
sealed
Dated Feb. 1, 1949.
l
Second
Tay¬
Co., jointly, for 1.70s, at a
price of 100.48.
was
MONTANA
receive
Feb.
inclusive.
Cascade
(MST)
Frost, Minn.
Sale
The $10,000 tele¬
$50,000
company
The Board of County Commission¬
ers reserves the right to adjourn
as
Interest J-J.
Head
Princi¬
payable
or
multiple of
a
pur¬
par,
Jan.
dated
are
The bonds will bear under
advice of
rate or rates
a
by the successful bidder.
chased by the City Electrical De¬
previously noted in v. 169, p. 153
—were sold
as
2%s, and mature
to
Bank,
of
The second
County Auditor, will receive seal¬ anticipation of revenue for the
bids until 10 a.m. (CST)
on current year.
Payable at the First
8 for the purchase of $150,- National
Bank
of
Boston.
The
000 county hospital coupon bonds. notes will be
authenticated as to
Dated March 1, 1949. Denomina¬
genuineness and validity by the
tion $1,000. Due $15,000 March 1,
First National Bank
of Boston,
$10,380
indebtedness
notes
awarded
at 0.777%.
bidder was Indian
Notes
Treasurer.
Minn.
Nashua,
$300,000
were
National
Feb.
for
Fergus
18
ed
bonds
Details—The
Jan.
Denominations
the sale if deemed expedient. The
County will furnish the printed
■
$90,000 drainage bonds purchased by
Mannheimer-Egan,
Inc.,
and
Greenman, Cook & Co., both of
St.
Paul, jointly, as previously
noted in —v. 168, p. 2737—were
sold at a price of 107.11, a basis of
on
Offering
suitable
(R, f):. Battle Lake), Minn
road
about
Renville County (P. O. Olivia),
Minn.
designated by the successful bid-
Everts
Sale—The
Second
National Bank, Boston, for 0.784%.
pal
\ MINNESOTA
-
Nashua, N. H.
highest
paid by the purchaser.
troit, which opinion
purchaser
Rugg, of Boston.
1949. Delivery
will be made in
bank
award¬
National
Bank,- of Boston, at 0.715%. Due
Dec. 14, 1949.
Legality approved
by Ropes, Gray, Best, Coolidge &
offered
dated
are
Aug.
were
Merchants
the
tional bank acceptable to the pur¬
Bids shall
in¬
any
date.
notes offered Jan. 10
cago or
,' V
be conditioned
from
NEW HAMPSHIRE
of y4 of 1%.
bonds
Due
on
Hillsborough County (P. O.
Manchester), N. H.
Note Sale
Tne $300,000 tax
Minneapolis, Chi¬
New York City, at a na¬
The
153—
inclusive. The bonds
redeemable
payment
April 1, 1959. Principal and
(A-O)' payable at the
Farmers State Bank, Webberville.
Rate of interest to be in a multiple
1949.
pre¬
as
169, p.
June 15
The
Northwestern National
tional
1.94%,
v.
$15,000
be
249—Were awarded to
p.
about
1954
1950
will
$800,000 tax
anticipation notes offered Jan. 20
—
of
viously noted in
terest
Minneapolis, Minn.
Note
after
interest
Mont.
Details—The
000
Minn.
Milaca,
March
paid
be
redemption
County (P. O.
PhiltipsburgJ, Mont.
Bond Offering—H. E. McDougal, Clerk of the Board of County
except
as
to
legality, to exceed 6% interest hospital
be conditioned upon construction and equipment bonds.
he opinion of the above attorneys.
Dated Jan. 1, 1949.
which
No
shall
Granite
ditional
St.
premium
to
51
sale, the printed and ex¬
bonds,/and the approving
egal opinion of Dorsey, Colman, Commissioners, will receive sealed
Barker, Scott & Barber, of Min¬ bids until 10 a.m. (MST) on Feb.
neapolis. Each bid must be uncon¬ 9 for the purchase of $74,000 not
1957, but before April 1, 1959, $5.
oonds called for
cost
ecuted
First National
District
Clerk,
sealed ' bids
until
will
8
re¬
p.m.
(EST) on Feb. 1 for the purchase
phone bonds offered on Jan. 17—
bonds will be the first choice and of $450,000 not to exceed 6% in¬
v.
169, p. 249—were awarded to
serial bonds the second choice of terest school coupon or registered
the State Bank of Frost, at a price
the Board of County Commission¬ bonds.
Dated Jan. 1, 1949. De¬
of par. The bonds are dated Jan.
1, 1949 and mature
1951
to
1964
callable
at
on
inclusive.
par
on
Jan. 1 from
They
any
are
interest
payment date.
ers.
If amortization bonds
are
sold
nomination
$1,000.
Due
Jan.
1,
and issued the entire issue may
as
put into
$25,000 in 1954 to 1968, and $24,-
into
single bond
one
be
divided
or
follows: $17,000 in 1951 to 1953,
several
bonds as the Board 000 in 1969.
Principal and in¬
determine upon at the time terest (J-J) payable at the Rah¬
of sale, both principal and interest
way National Bank, Rahway. Each
to be payable in semi-annual in¬
proposal must specify in a mul¬
stallments during a period of five
tiple of i/8 or 1/20 of 1% a single
years from the date of issue. If se¬ rate of interest which the bonds
may
Jackson
County (P. O.
Jackson), Minn.
Bond Offering—C. H. Peterson,
County
Auditor, will . receive
sealed bids until 3:30 p.m. (CST)
on
Jan. 25 for the purchase of
$50,000 drainage general obliga¬
/
rial bonds
are
sold and issued they
amount of $35,000
are to bear
and no proposal will
be considered which
specifies a
said rate higher than the lowest rate
tion 1949 coupon bonds.
Dated serial bonds will become payable stated in any legally acceptable
Jan. 1, 1949. Denomination $1,000. on April 1,1950, and a like amount proposal.
The successful bidder
Due $5,000 Jan. 1,
1950 to 1959. on the same day each year there¬ will be furnished with the opin¬
Bidders to name the rate or rates after until all of such bonds are ion
of
Hawkins,
Delafield
&
of interest in a multiple of Y\ or paid. Interest A-O. These are the
Wood, of New York City, that the
1/10 of 1%. Principal and interest bonds authorized at the general bonds are valid and legally bind¬
payable at any suitable - banking election
on
Nov.
2, 1948.
The ing obligations of the Board of
institution designated by the suc¬
Education.
Enclose
a
certified
Board reserves the right to reject
cessful bidder.
will
in
be
each,
the
the
sum
of
$35,000
of
Bids will be pre¬
or
and
ferred
any
terest
bonds
according to lowest net in¬
cost/ total interest to the
stated maturity dates at the cou¬
pon
any
p.
without
1955, but before April 1, 1957,
$10; as to each bond called for
redemption on or after April 1,
in¬
one
furnish
purchaser and within 30 days after
follows: As to each bond called
as
for
period
bond shall be at
one
any
date
cipal and interest (M-N) payable
the
will
assessment ' sewer
struction
».$35,000 Nov. 1, 1949 to 1953. Prin¬
'at
the
Rapids, Mich.
Clerk,
to
special
livered
f
will
.
furnish bonds ready for execution
at his expense. Bonds will be de¬
MICHIGAN
"Education,
to
Offering—Jacob Van Win-
City
gen,
payable
sealed bids until 3 p.m. (EST) on
Jan. 24 for the purchase of $20,-
the
$600,000
18—v.
awarded
$3,000,
Grand
Bond
Bids
Salem, Mass.
for
mium for each
date
such other place as may be
Faribault County (P. O.
agreed upon with the purchaser ■/'•//;C'.Blue Earth), Minn.
District Treasurer.
on
fixed
the
to
or
Plymouth County (P. O.
;
Plymouth), Mass.
Note Offering—Avis A. Ewell,
County Treasurer, will receive
:
for
ready
shall
accrued interest
and
delivery
purchaser
,0.88%.
-
the
to
1961
to
Bonds maturing in
shai
be subject to
redemption at the option of the
District, in inverse numerical or¬
der on any interest payment date
on
or after April
1, 1953, at par
to/the
expense
1953, $3,000 in 1954 to 1960 and
1954
Rich¬
will
Due
ApriLl^a&yfoUq ws: $1,000 in 1950
$1,000 in 196L.
(P. O. Lansing), Mich.
Bond
Denomination $1,000.
1949.
to
Delhi and Windeor Townships
Fractional Schs Dist. No. 5
of
State
will receive
(EST) on
Secretary,
Jan. 26 for the purchase of $26,000
certified
Enclose uu-
wards,
receive
District
Bement
may
such other place as
upon
with the
or
agreed
chaser.
ceive* .'sealed
.
Offering—Lewis
pur¬
be
Maiden Housing Authority, Massi
Note Offering—George M. Ed¬
will
Bond
will
(423)
award of
Mich.
tion,
ards,
Chairman,
No.'6
sealed bids until 8 p.m.
of
.
CHRONICLE
the office of the Board of Educa¬
only
rate
a
FINANCIAL
&
Township School District
(P. O. Webberville),
Leroy
ap¬
expense,
for
ready
''
0.88%;
the
proving the legality ox the oonus.
The purchaser shaii furnish bonds
National
Bank, all of-Boston,, at 0.84%. Due
on
March 25;.; 1949;.;:.^ The Second
National
COMMERCIAL
THE
rate
or
rates
specified,
premium offered.
less
No bid of
less than par and accrued interest
will be considered.
The County
at
all bids and to
private sale.
These
in
our
are
the
Enclose
certified check for $3,500,
to the above
sell
a
Franklin
payable
issue of Jan. 12.
(P. O. R.D.^No.
Brunswick), N. S.
Twp.
New
County Clerk.
the bonds mentioned
cashier's check for $9,000, pay¬
able to the Board of Education.
Bond Sale—The
3
$170,000 school
house bonds offered Jan. 17—v. 169,
p.
153—were awarded to Boland,
22
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(424)
inclusive.
Nov. 1 from 1949 to 1961
ceive
Monday, January, 24,
sealed
bids
until
2
Co., of New York,
&
inclusive. Sec¬
1 from 1949 to 1961
bidder was B. J. Van
ond highest
100.16.
Orange, N.J.
— The
$123,000 bonds
Bond Sale
169,
18—v.
Jan.
offered
153—
p.
awarded to Ira Haupt & Co.,
were
York,
1.30s, at a price
of
New
of
100.05, "a basis of about
as
$2,695,000 bonds vice of counsel, the village re¬ Due Jan. 15, as follows: $4,000 in
syndicate turned unopened the bids submit¬ 1950 to 1952, and $5,000 in 1953
Principal and interest
composed of the National State ted for the $22,000 not to exceed and 1954.
Bank of Newark, R, W. Pressprich 5% interest street reconstruction (J-J) payable at the Citizen's Na¬
tional Bank of Malone.
Rate of
& Co., Equitable Securities Corp.* bonds which were scheduled to be
Mackey, Dunn & Co., Andrews & sold on Jan: 18—v. 169, p. 250. A interest to be 'in a multiple of
or
1/10 of 1% and must be the
Wells, Inc., R. D. White & Co., new offering will be made shortly.
same
for all of the bonds. Said
Rand & Co., Ryan, Moss & Co.,
bonds will be delivered at New
and J. R. Ross & Co.
Hammondsport, N. Y.
Bond
Offering — W. Edward York, N. Y., or at such other place
NEW YORK
Hunter,
Village Treasurer, will as may be agreed with the pur¬
1.22%.
Sale consisted of:
$50,000 water bonds. Due on Feb.
1 from 1950 to 1954 inclusive.
1 from
1950 to 1954 incl.
until
bids
sealed
ceive
2 p.m.
All of the bonds are dated Feb. (EST) on Jan. 26 for the purchase
1, 1949. Second high bid of par for of $53,500 not to exceed 5% in¬
1.20s was made by B. J. Van Ingen terest electric light system coupon
&
Co., Inc., New York.
Dated Feb.
1, 1949.
Denomination $1,000, one
Pequannock Township (P. O.
for $500.
Due June 1, as follows:
Pompton Plains), N. J.
Bond
Sale—The $35,000 water $1,500 in 1950, and $2,000 in 1951
to
1976.
Principal and interest
bonds offered on Jan. 18—v. 169,
registered bonds.
or
•
A
pi 153—were awarded to Boland,
l%s,
at a price of 100.177, a basis of
about 1.70%. The bonds are dated
Saffin & Co. of New York, as
Jan.
1949 and mature on Jan.
1950 to
1956 inclusive.
1,
from
1
Second
bid
high
C85s was made by B. J. Van
In¬
for
same
Rah way,
J.
N.
Bond Offering—A. R.
Reed,
valid
Williams,
City Treasurer, will receive sealed
bids until 8 p.m. (EST) on Jan.
26
purchase of $170,000
interest general
the
for
not to exceed 6%
improvement coupon or registered
bonds.
Dated Feb. 1, 1949.
De¬
nomination $1,000.
follows:
Due Feb. 1, as
in 1950 to 1953,
$14,000
interest
at
will
bonds
be
or
be specified by the purchaser
the consent of the Village
Treasurer. Each bidder must, as a
may
with
to the con¬
sideration of his bid, deposit with
the
to the
cashier's
Enclose
by
payable
until
8:30
Jan. 26 for the purchase
$135,000 not to exceed 4% in¬
terest fire hall construction cou¬
terest
in
iand
borne
by the
bonds
and the rate named must
bid for
be
the rate of in¬
name
be
to
multiple
a
of
1%
of
1/20
must be the same for all the
bonds bid for.
The purchaser must pay
accrued
interest from the date of the bonds
the
to
date
cessful
of delivery.
bidder
will
be
The
suc¬
furnished
with the opinion of Reed, Hoyt &
Washburn, of New York City, that
the bonds are valid and legally
obligations of the Bor¬
ough. Enclose a certified, cashier's
or
treasurer's check, for $2,470,
payable to the Borough.
on
of
,
or
School
Sale
—
District,
N.
J.
A syndicate com¬
posed of Kidder, Peabody & Co.,
White, Weld & Co., First of Mich¬
a
multiple of
1/10 of 1% and must be the
all
for
same
of
be
will
bonds
bonds.
The
delivered on or
the
Feb.
15, 1949, at the office
of Hawkins, Delafield & Wood, of
about
New
York
place
as may be agreed upon with
purchaser.
The
approving
the
City,
at such other
or
opinion of Hawkins, Delafield &
Wood, of New York City, will be
furnished to the purchaser with¬
out
Enclose
cost.
check
cashier's
amount
of
a
for
bonds
to
certified
be
Sale—The
Bond
bonds
sewer
169,
the
if demanded by the
opinion,
ing
bidder
bonds
the
whom
to
are
of Vandewater, Sykes,
Heckler & Galloway, of New York
awarded,
City,
bonds will be furnished to
Enclose
cessful bidder.
for
check
cashier's
or
a
the
of
validity
the
to
as
the suc¬
certified
$570, pay¬
able to the Village.
IV2S, at
of
about
Due
a
18—v.
to
Cross, of New York,
price of 100.01,
1.48%.
on
Dated
a
basis
Jan.
1,
Jan. 1 from 1950 to
No.
(P. O. Oceanside), N. Y.
Sale—The $330,000 con¬
11
Bond
struction
bonds
18—
offered Jan.
250—were awarded to
Kidder, Peabody & Co., and Hall
& Co., both of New York, jointly,
as
1.70s, at a price of 100.26, a
basis of about 1.66%.
Dated Feb.
169,
v.
p.
Due Feb. 1, from 1950 to
I, 1949.
bonds.
at
Friendship, N. Y.
Sale—The $25,000
check
$440,
Public
(EST)
of
bids until
10:30
ceive
1950 to
1,
sealed
N.
re¬
a.m.
1955, $8,000 in 1956
to 1958, and $6,000 in 1959 to 1977.
interest
of
Rate
tiple of
be
the
or
same
be
to
in
mul¬
a
all
of the
be delivered
York,
place
N.
Y.,
such
at
or
be agreed with
as may
10, 1949.
approving opinion of Vande¬
Success, N. Y.
water, Sykes, Heckler & Gallo¬
Bond Offering -"- Mrs. Eleanor
way of New York City, will be
Watkins, Village Clerk, will re¬ furnished to the purchaser with¬
3:30
until
bids
sealed
ceive
p.m.
of
(F-A) payable at the Great
terest
Enclose
cost.
out
certified
a
cashier's check for
or
$3,600, payable
to the Town.
will be delivered on or about
Feb.
Ovid Romulus
Sale
offered
to
—
Jan.
on
First
the.
1
(P. O.
N.
14
Y.
of
the
the
object
or
1.70s, at
27,500
at
Bank
of
bonds
National
as
is
to
be
contracted
is
30
No approving opinion as
validity of the bonds will
be. furnished for the
successful
delivery.
the
to
bidder. Enclose
a
a
price of
par.
/ Bond
District
Town
Clerk,
Jan. 27 for the
not
exceed
to
purchase of $14 000
interest
3%
water
improvement coupon or registered
bonds. Dated Feb. 15, 1949.
Due
$1,000 Feb. 15, 1950 to 1963. Prin¬
cipal and interest (F-A) payable
at the Madrid Bank, Madrid. The
bonds are callable and redeemable
at par
and interest on any interest
date prior to maturity.
Rate of interest to be in a multiple
of 14 of 1% and must be the same
for
or
all
of
lowest
shall
the
bonds.
bidders
more
Where
offer
rate of interest,
be
awarded
to
the
two
same
the bonds
the
bidder
offering the highest premium. The
bonds will be delivered to the suc¬
cessful bidder at the
Clerk
on
or
office of the
about Feb.
15,
bonds
Enclose
a
are
ready for delivery.
Bond
Town
ceive
sealed
certified check for
$280,
William
—
Supervisor, will
until
bids
construction
2
L.
re-*
p.m.
coupon
or
Jan. 1,
Denomination $1,000:
Due
registered
1949.
bonds.
Dated
$1,000 Jan. 1, 1950 to 1959.
Prini
cipal and interest (J-J) payable
the
at
National
First
Bank
of
Waterloo. Rate of in¬
a multiple of lk or
1/10 of 1% and must be the same
all
will
N.
750
on
2s,
as
bonds.
$2,750.
Jan.
1
De¬
$2,-
Due
from
1950
to
Y.,
dated Jan.
Principal and * interest
payable at the First Na¬
(J-J)
at
bonds
York,
at such other place as
about
Waterloo, will be furnished to
of
purchaser without cost.
En¬
a certified or cashier's check
close
$200, payable to the Town.
for
■
^
'/
Bond Sale
The $42,000 land
purchase 1948 bonds offered Jan*.
14—v. 169, p. 154—were awarded
Watertown, N.
Y.
—
,
Marine Trust
the
falo,
basis
a
Co., of Buf¬
price of 100.12,
about 1.27%.
Dated
1.30s, at
as
of
1, 1948.
a
Due
Dec. 1 from
on
1949 to 1958 inclusive. The second
are
1949.
1,
or
The
New
bonds.
delivered
be agreed with the purchaser
Feb. 8, 1949.' The approv¬
may
Dec.
1959 inclusive.
All of the bonds
the
of
be
bidder
highest
for
Cross,
was
1.30s,
at
Roosevelt &
a
price of
100.06.
tional Bank of Ovid.
Bond
Prattsburg, N. Y.
Offering — Mrs.
Village
Ackley,
receive
until
3
Alamance County
(P. O.
Graham), N. C.
will
Treasurer,
bids
sealed
NORTH CAROLINA
Hattie
p.m.
Bond
Offering
—
>
W. E. Easter-
(EST) on Jan. 26 for the purchase
$7,000 not to exceed 3% in¬
ling, Secretary Local Government
Commission, will receive sealed
terest water,
bids
of
1949 coupon or regis¬
Dated Feb. 1, 1949.
bonds.
tered
Denomination
Due $1,000
$1,000.
Principal
and interest (F-A) payable at the
Village Treasurer's office. Rate of
interest in a
multiple of lk of
Feb.
1,
1950
to
1956.
1%, and must be the. same for all
The bonds are call¬
of the bonds.
able
and
terest
redeemable
on
in¬
any
payment date prior to ma¬
turity.
„
(P. O. Rodman), N. Y.
Offering—Lloyd G. Fas-
Rodman
Bond
sett, Town Supervisor, will receive
sealed bids until 2 p.m. (EST) on
Jan.
27
000
not
for
the
to
purchase of $23,-
exceed
highway machinery,
or
registered
bonds.
5%
interest
1949 coupon
Dated Feb.
til
Feb.
his office
at
11
a.m.
(EST)
in
on
Raleigh, un¬
Jan. 25' for
the
purchase of $500,000 not to ex¬
6% interest county hospital
coupon bonds. Dated Dec: 1; 1948.
Denomination $1,000. Due June 1,
ceed
as
follows: $80,000 in
in
1951
to
and $20,000
1963,
1950," $8,000
$16,000
in <1964,
in 1965 to 1979. Princi¬
pal and interest (J-D) payable in
York
City.
quested to
or rates, in
name
New
Bidders are 'rfethe interest rate
a multiple of V4 of 1%-.
Each bid may name one rate for
part of the bonds '(having the
earliest maturities)
and another
rate
no
or
rates for the
balance, but
bid may name more than four
rates, and each bidder must'-specify in his bid the amount of bonds
of each rate. The approving opin¬
the
,
Waterloo),
York
on
interest
and 1951, and $5,000 in 1952 to
Mdtlone (P. O. Malone), N. Y.
bidder for the awarded to the Citizens Trust Co.,
Bond Offering—Henry M. Ma-"^ 1954. Principal and interest (F-A)
building bonds offered of Fredonia, as 2s, at a price of
the
Northern New
18—v. 169, p. 153.
The par. Dated Nov. 1, 1948. Due on guire, Town Supervisor, will re¬ payable at
successful
$2,700,000
payable to the Town.
cash*,
Jan. 25 for the pur¬
chase of $10,000 not to exceed 5%
(EST)
ion
bonds of¬
153—were
O.
Offering
Long,
1, 1949. Denomination $1,000. Due
1, as follows: $4,000 in 1950
Rippel, Inc., of Newark,
improvement
(P.
New
to
construction
nomination
O. Madrid), N.
will receive
sealed bids until 2 p.m. (EST) on
lard,
or
payable to thq
Waterloo, Border City Water
the
construction bonds
price of 100.20.
27,500
years.
Y.
Offering—Howard F. Bul(P.
certified
a
ier's check for $100,
Village.
lage.
Madrid
about
ing opinion of J. Seward Bodine,
inclusive.
for
purpose
indebtedness
Village
or
on
1949; and he will be noti¬
fied when the bonds are ready for
awarded
were
II, 1949, at the office of Hawkins,
■C The sale consisted of:
'**!'■:?■
& Wood, of New York
City, or at such other place as may $18,000 school buses,, bonds. De¬
nomination $6,000. Due $6,000
be agreed upon with the purchas¬
on
Jan. 1 from 1950 to 1952
er.
The period of probable useful¬
which
the*
at
office,
Feb. 1,
for
/ *
The $45,500 bonds
Ovid),
Bond
Central"
and Lodi
School District No.
Delafield
ness
Treasurer's
Waterloo,
Neck. Rate Ovid, as follows:
interest to be in a multiple of lA
$18,000
school
buses
1/10 of 1% and must be the
bonds
cessful /bidder
terest to be in
Neck Trust Co., Great
for all the bonds. The
bonds will be delivered to the suc->
Co., Manhas¬
New
p.m.
multiple of 1/10 of 1% and must
be the same for all the bonds. The
bonds.
The bonds will
other
7:30
1/10 of 1%, and must
for
tional Bank & Trust
at
until
bids
on
$1,000. Due $1,000 July 1, 1949 to
1953. Principal and interest (J-J)
Principal and interest (F-A) pay¬
able at the Port Washington Na¬
set.
Stanley Gra¬
Jan. 28 for the purchase
$5,000 not to exceed 5% inter¬
est park improvement registered
bonds. Dated Feb. 1, 1949. Denom.
(EST)
follows: $7,-
as
—
of
Parking, 1948 cou¬
pon or registered bonds.
Dated
Nov. 1, 1948.
Denomination $1,Due Feb.
■
Treasurer, will re¬
Village
Public
000.
Offering
ham,
$180,000 not to exceed 5% in¬
terest
a
for
Warwick, N. Y.
Bond
Jan. 26 for the purchase
on
check
payable in the Village Treasurer's
office. Rate of interest to be in a
Gunn, Town Supervisor, will
ceive sealed
cashier's
or
$460, payable to the Town.
pay¬
Hartford
—
Enclose
cost.
without
certified
Parking District
Offering
be
about
as, may
City, will be furnished to the pur¬
(P. O. Manhasset), N. Y.
Bond
place
Y., or
with the purchaser
chaser
Hempstead, Port Washing¬
ton
other
be
will
bonds
17, 1949. The approving opin¬
Sykes, Heck¬
&
Galloway, of New York
ler
certified
a
for
Said
1%,
all of
for
same
ion of Vandewater,
The
the
water
Feb.
The
1949.
Enclose
cost.
such
agreed
Lake
1949, and he will be notified when
Bond
15,
the purchaser about Feb.
inclusive.
1964
above
1954 inclusive.
North
000 in
Union Free Sch. Dist.
Hempstead
Feb.
the
be
be.in
1/10 of
or
delivered at New York, N.
City, will be furnished
cashier's
V4 of 1% and must be the same
for all of the bonds. The approv¬
payment
Jan.
system
Jan.
for,
awarded
249—were
p.
Roosevelt &
1949.
offered
fered Jan. 17—v. 169, p.
on
bid
$27,320 lateral
Julius A.
the
the
Cheektowaga (P. O. Buffalo), N.Y.
igan Corp., Coffin & Burr, Hornblower & Weeks, and W. E. Hutton & Co, all of New York, also
was
or
of
2%
payable to the District.
as
Bond
be in
interest to
J/4
binding
Westfield
must
able to the Town.
The ap¬
pon or
registered bonds.
Dated proving opinion of Hawkins, Dela¬
Feb. 1, 1949. Denomination $1,000. field & Wood, of New York City,
Due $5,000 Feb. 1, 1950 to 1976. will be furnished to the purchaser
Principal and interest (F-A) pay¬ without cost. Enclose a certified
able
at
the Manufacturers and or cashier's check for 2% of the
Traders Trust Co., Buffalo. Rate amount bid, payable to the Vil¬
$3,500
mitted must
until 3:30 p.m.
bids
sealed
(EST)
p.m.
in 1953 to
in 1961.
Prin¬
cipal and interest (M-S) payable
Mat the Ridgefield National Bank,
Bidgefield.
Each proposal sub¬
will re¬
Secretary,
of
ill 1950 to 1952. $12,000
and
O.
(P.
Y.
Offering—Charles C. Han¬
District
ceive
Ehrlich,
improvement coupon or registered
bonds/ Dated March 1, 1949.
Denomination $1,000, one for $500.
Due March 1, as follows: $8,000
i960,
without
or
of
same
Cheektowaga), N.
(EST) on
Feb. 1 for the purchase of $123,500
.not to exceed 6% interest public
,
1948.
No, .6
District
Borough Clerk, will receive sealed
bids
$2,850 Aug. 1, 1949 to 1958. Prin¬
cipal and interest (F-A) payable
at the Village Treasurer's office.
Rate of interest to be in a multiple
of
Cleveland Hill Fire
Cheektowaga,
son,
Otto
—
Oct. 15,
Dated
Bond
Offering
Due
$2,850.
Denomination
1948.
about
New York
1,
Dated Aug.
bonds.
registered
or
City Treasurer.*
Bond
1948
highway machinery,
bonds.
'Ridgefield, N. J.
and
approving opinion of Vandewater,
Sykes, Heckler & Galloway, of
basis of 1.67%, 1950, $3,000 in 1951 to 1963, and
$2,0G0 in 1964. Principal and in¬
a
82,000 incinerator, 1948 bonds.
the
to
100.16,
follows:
as
$22,000
2% of the par value of the bonds
offered,'.for. sale
(P. O. Mahopac), N. Y.
Sale—The $104,000 bonds
price of
for
treasurer's check
or
on
chaser
(EST) on Jan. 26 for the purchase
$44,500 not to exceed 4% in¬
terest sewer, 1949 coupon or reg¬
Bond
offered Jan. 17—v. 169, p. 153— istered bonds. Dated Feb. 1, 1949.
were
awarded to R. D. White & Denomination $1,000, one for $500.
Due Feb. 1, as follows: $3,500 in
Co., of New York, as 1.70s, at a
certified,
a
certified or
a
p.m.
Village.
Carmel
forms which will be furnished by
City.
Clerk
Village
cashier's check for $1,070, payable
Caldlwell, Marshall, Trimble &
Mitchell, of New York City, whose
approving opinion will be fur¬
nished without charge to the pur¬
chaser.
Proposals are desired on
the
precedent
condition
the
approved
the
at
1/20 of 1%. The legality of
or
and delivery" will be made
Village Treasurer's office,
at such other time and place as
1949,
posal the rate of interest (nam¬
ing a single rate) the bonds are
to bear expressed in a multiple of
%
purchaser is Feb. 16,
livered to the
Bahway National Bank, Rahway.
Bidders must state in their pro¬
the
obligations of
binding
and
time when
Principal and
payable
(F-A)
opinion
Hoyt & Washburn, of
City, that the bonds are
Village.
The
approximate
the bonds will be de¬
the
$15,000 in 1954 and 1955, and $21,000 in 1956 to 1959.
under the Vil¬
successful bidder
will be furnished with the
New York
'Vhr
1% and must be the
all of the bonds. The
operates
Village
of
& Co., Inc., New York.
gen
of
1/10
for lage Law. The
100.109
of
(J-D) payable at the State Bank
of Churchville, Churchville; Bate
of interest to be in a multiple of lA
or
3
Jan. 25 for the purchase
of $28,500 not to exceed 5% inter¬
est street improvement coupon or
(EST)
Due on Thompson, Village Clerk, will re¬
73,500 apparatus bonds.
Feb.
Bond
until
bids
sealed
receive
Bergen, N. Y.
O f f e r i n g—George R.
(Adams Office),
Co.
Rate of interest to
multiple of
a
2.10s was made by a
as
Trust
Adams.
bid of 100.19 for
price of
Ingen & Co., for 2%s, at a
York
p.m.
and group purchased $2,693,000 bonds The second highest bidder was (EST) on Jan. 25 for the purchase
as 2.10s,
at a price of $2,700,810,
MacBride, Miller & Co., of New¬
Manufacturers and Traders Trust of $22,000 not to exceed 5% in¬
equal to 100.29, a basis of about
terest
ark, jointly, at 2.30s, at a price of
airport machinery,
1949,
2.086%. The bonds are dated Feb. Co., Buffalo, for 2.20s.
100.13,
basis
of
about
2.28%.
coupon or registered bonds. Dated
1, 1949 and mature on Feb. 1 from
Gowanda, N. Y.
Bated Nov. 1, 1948.
Due on Nov.
Jan. 15, 1949. Denomination $1,000.
1950 to 1988 inclusive. Second high
Bonds Not Sold—Acting on ad¬
Saffin
1949
of
Mitchell. &
New York
Pershing, of
City, will be furnished
purchaser. Enclose
check
for
a
certified
$10,000, payable to the
State Treasurer.
Volume ,1(59
Sanford, N.
C*
Offering—W.
Bond
Easter-
E.
chaser at the purchaser's expense.
Enclose a certified check or bond
ling, Secretary Local Government
for
Commission,
Clerk-Treasurer.
will
receive sealed
Raleigh, until
bids at his office in
11
(EST)
a.m.
purchase of $72,000 not to exceed
6% interest coupon bonds.
$17,000
Fire
Equipment bonds.
as follows: $8,000
in 1949, $4,000 in 1950, and
••:/ $1,000 in 1951 to 1955.
30,000 Fire Station bonds.? Due
Due Dec.
1,
$5,270,
payable
Boone
No.
33
Offering
Roy W. Lind-
—
purchase oL $80,000 school
house addition bonds.
Brown
25,000 Fire Alarm System bonds.
Due Dec.
1,
1954, $1,000 in 1955,
and
Dec.
1948. Denomina¬
1,
tion $1,000.
Principal and interest
(J-D) payable in New York City.
Bidders
requested to
are
the interest rate
tiple of y4 of 1 %.
rate
one
name
rates in
or
name
mul¬
a
Each bid
part of
;
of
bonds
may
for
the
any issue
(having the
maturities) and another
earliest
.
rate or rates for the
balance, but
bid may name more than three
no
rates for any
issue, and each bid¬
der, must. specify iri his. bid the
amount of bonds of each rate. The
of
the
Education,
will receive sealed bids until
terest
$500.
Due $4,500 May ^nd $5,000
of
Board
interest
to
be
in
mul¬
a
tiple of i/4 of 1%.
interest
Principal and
at the Farmers
payable
County
State Bank, Miamitown. County
Commissioners, will receive sealed
Prosecuting Attorney certificate
bids until noon (EST) on Feb. 9
of approval of the transcript as
for the purchase of $400,000 3%
to the legality of the bonds will
county
hospital
coupon
bonds. be attached to the
transcript, a
Dated Feb. 1, 1949. Denomination
copy of which will be furnished
$1,000. Due $8,000 June and $9,000
to
the
successful
bidder.
The
Dec. 1, 1950 to 1963,, and $9,000
Board of Education will assume
June and Dec. 1, 1964 to 1972. Pay¬
the cost of printing of the bonds,
able from unlimited taxes at the
and delivery
of the bonds will
County Treasurer's, office. Bidders
be made as soon as bid is accepted
may bid for a different rate of in¬
and
bonds
printed.
Enclose
a
terest in a multiple of y4 of 1%.
certified check for $1,045, payable
Interest J-D.- The approving opin¬
to the Board of Education.
ion of Peck, Shaffer & Williams,
(These are the> bonds origin¬
of Cincinnati, will be furnished to
the successful bidder without costr ally offered on Jan. 6, the sale of
approving opinion of Reed, Hoyt
which was postponed.);
Washburn,* of New York City,.
// I
?
These are the bonds authorized at
will be -furnished the purchaser.
the general election on Nov. 2,
Columbus City Sch. Dist., Ohio
Enclose a certified check for $1,1948. Enclose a certified check or
B o n d Sale
The $1,200,000
440, payable to the State Treas¬ bond for 1% of the bonds bid
for,
building bonds offered Jan. 18—v.
urer."',';; //*';:;• /////
payable to the Board of County
169, p. 154—were>awarded to a
Commissioners.
;
'
■,
»'/" syndicate composed of the Harris
Trust & Savings Bank, First Na¬
Buckskin Valley Village Sch. Dist.
Baughtnan Local School District
tional Bank, both of Chicago, First
(P. O. South Salem), Ohio
(f, O. Marshallville), Ohio
of Michigan Corp., of New York,
Bond Sale—The $40,000 school
Bond
Offering—T. H. Rogers, Milwaukee
Co., of Milwaukee, and
addition and equipment bonds of¬ Clerk of the Board of Education,
Martin, Burns & Corbett, of Chi¬
fered on Jan. 18—v. 169, p. 154— will receive sealed bids until noon
cago, as 13/4s, at a price of 100.35,
were
awarded to J. A. White &
(EST) on Feb. 10 for the purchase
—
basis
a
Cincinnati, as 2V2s, at a of $48,000- 3%
school
addition
price of 102.03, a basis of about construction and equipment bonds.
2.27%.
The bonds are dated Jan. Dated Jan. 15, 1949. Denomination
Co.,
of
J, 1949 and mature on April 1 and
Oct. 1 from 1950 to 1969 inclusive.
bid of 100.96 for 2y2s
by Field, Richards &
'
Second high
made
was
Co-
Berlin Local School District (P. O.
Center), Ohio
Berlin
rv
Bond
Offering—Lindley
Vick-
Clerk of the Board of Edu¬
cation, will receive sealed bids
until 7 p.m. (EST) on Feb. 8 for
the purchase of $7,500 3% con¬
struction and equipment coupon
ers,
on
Nov.
the
—
R. S. Minger,
Board
of Education,
will receive sealed bids until 7:30
June and $2,000 Dec., 15
1964, $1,000 June and Dec. 15, 1965
1968, $1,000 June and $2,000
Dec. 15, 1969 and $1,000 June and
Dec. 1, 1970 and 1971.
Bidders
may bid for a different rate of
interest in a multiple of V4 of 1%.
on Feb. 9 for the pur¬
$145,000 3% school addi¬
tion building bonds. Dated March
$1,000
(EST)
p.m.
chase of
1, 1949. Denomination $1,000. Due
Oct.
and
1,
follows: $6,000 in 1950
as
1951, $7,000 in 1952, $6,000 in
1953 to
supervision of Peck, Shaffer &
Williams,
of Cincinnati, whose
approving ppinibn will be fur¬
may
of
National
bonds
Bank,
were -au¬
general
election
2, 1948, and are payable
unlimited
from
script
Offering
of the
interest
rate
the
at
Bond
taxes.
A
tran¬
of proceedings evidencing
legality
thereof
and
the
Interest
These
J-D.
bonds
were
on
nished
without
bonds
Enclose
cost.
certified
check
bid
bidder
successful
the
to
for
bond
a
or
of
the
payable
for,
1%
to
the
Board of Education.
Chillicothe
City School District,
Ohio
1962, $6,000 in 1963 and 1964, $7,in 1965, $6,000 in 1966 and
1967, $7,000 in 1968, $6,000 in 1969
and 1970, $7,000 in 1971, and $6,000
1972.
Bidders may bid for a
in
different rate of interest in
of the Board of
Trustees, will receive
bids until 2:30 p.m. (EST)
Feb. 5 for the purchase of $20,-
on
000
5%
fire
apparatus
bonds.
1, 1949. Denomination
Dated Feb.
$1,000.
1959.
tiple
y4
of
Enclose
of
Interest
J-D.
certified check for
a
1%.
$100,
payable to the Board of Township
Trustees.
(These
Feb.
the bonds offered
are
24,
were
1948,
for which
mul¬
a
on
bids
no
accepted.) '
Hudson
Township (P. Ofr:--'U
Hudson), Ohio
Bond
Offering
Chairman
the
of
J.
Foltz,
of
P.
—
Trus¬
Board
til
7:30
for
p.m.
(EST)
purchase of
the
un¬
Jan.
on
24
$15,000 4%
equipment (purchase bonds.
Dated Jan. 15, 1949. Denomination
$1,000. Due $1,000 June and $2,000
Dec. 1, 1950 to 1954. Bidders may
fire
bid for
in
multiple of y4 of 1%.
a
These
at
the
election
general
2, 1948.
Enclose
for
$100,
ship.
Kirtland
*
Nov.
on
certified check
a
payable
to
the
Town¬
Twp. (P. O. R.D. No. 2
Willoughby), Ohio
Bond
Sale
The
$10,000 fire
apparatus bonds offered Jan. 17
169,
v.
—
55—were
p.
awarded
Sutherland &
Dated
Nov.
on
Jan.
from
1
to
Co., of To¬
1,
1949.
1950
to
Due
1954
in¬
tified check for 1% of the amount
(EST)
of
bonds
District.
the
These
offered'
bids
offered, payable to
awarded
to
;
the
are
Jan.
on
bonds
originally
13, for which
no
tion $1,000.
Dec.
June
accepted.
were
on
$1,506,000 3% building bonds.
Dated Feb. 15, 1949.
Denomina¬
a
Bidders
\
(P.
.'Bond
O.
School District
Local
Boardman
Youngstown), Ohio
Offering
Clerk-Treasurer
—
of
M. C.
the
of
Education, will receive sealed bids
'until
7
pmi.
(EST)
on
Feb. 9 for
the purchase of $517,000 2% con¬
struction
bonds.
Dated
coupon
bid for
may
interest
of
different
a
multiple
a
of
ceedings authorizing the issuance
of
these
under-
bonds
the
have
been
supervision
of
taken
Peck,
Cincinnati,
approving opinion will be
Shaffer & Williams, of
whose
furnished
der without
Dec/1, 1950 to 1960, and $11,000
election
bonds
the
to
March 1, 1949. Denomination $1,000. Due $10,000 June and $11,000
cost.
authorized
on
Nov. 4,
June and Dec. 1,
certified check
ders may
the bonds bid
1961 to 1973. Bid¬
bid for a different iate
of interest in a multiple of x/4 of
1%., The bonds are supported by
an
unlimited tax.
Principal and
interest (J-D) payable at the Ma¬
honing National Bank, Youngs¬
town. The purchaser shall furnish
at his expense the printed bonds.
The proceedings looking to the is¬
in
Interest J-D.'The pro¬
y4 of 1%.-
Simon,
Board
rate
or
successful
These
at
the
bid¬
are
the
as
Braun, Bosworth &
2s, at a price of 100.91
price of 100.90.
Lodi
Local
-
until
will
portation
bond for 1%
of
Board of Education.
Cleves-North Bend Local Sch. Dist.
(P. O. North Bend), Ohio
Bond Sale Details—The $400,000
gymnasium construction bonds
purchased by Weil, Roth & Irv¬
The
$55,000 trans¬
system /•
offered
bonds
Jan.
154—were awarded
improvement
14—v.
169,'p.
to the Provi¬
dent
Savings Bank & Trust Co., of
Cincinnati, as 2s, at a price of par.
Dqted Dec. 1, 1948. Due on Dec. 1
from
1950
second
to
1954
inclusive.
highest bidder
Sutherland
&
was
The
Ryan,
Co., for 21/4s, at
a
price of 100.34.
Forest-Jackson Local Sch. Dist.
receive
sealed
bids
Bond Sale—The $270,000 build¬
ing bonds offered Jan. 14—v. 169,
55
—
were
awarded
Bosworth & Co., Inc., as
price
of
taken
of
these
under
supervision
& Dempsey,
of
of
the
State,
101.80,
a
to
Braun,
21/4s, at
basis of
a
about
6,
1948.
payable at the
Bank,
Lodi,
debt
being payable from an
charges
ad
valorem
tax.
Loader,
Dist.,
Clerk
of
Charles F.
—
the
Board
'of
Education, will receive sealed bids
until noon (EST) on Feb. 2 for the
purchase of $120,000 3% school
addition and improvement bonds.
Dated April 1, 1949. Denomination
$1,000. Due $3,000 April and Oct.
1, 1950 to 1969. Bidders may bid
for
different rate of interest in
a
multiple of y4 of 1%.' Interest
A-O.
These are the bonds, au¬
a
thorized at the general election on
Nov. 2, 1948.
Enclose a certified
check or. bid bond for
$1,200, pay¬
able to the Board of Education.
.
New
Bedford
Local
Sch.
Dist.
(P. O. Route 3, Fresno), Ohio'
Bond
will
Offering—Ira A. ScheetZj.
of
the Board of
receive
Education,
sealed
bids
until
noon
(EST) on Jan. 28 for the
purchase of $19,500 23/4% school
addition
and
improvement bonds.
1,
as follows:
$1,000 in 1950 to
1955, and $1,500 in 1956 to 1964.
Bidders may bid for a different
rate of interest in
of
1%, (M-N),
a
multiple of %
These bonds
were
authorized at the general election
held
Nov.
on
certified
2,
che>ck
1948.
for
Enclose
a
$195, payable
v
Newton
.,
Falls,
Ohio
V
Bond Sale—The $175,000
village
hall
and
fire
station
building-
bonds offered
55
p.
Jan. 17—v. 169,
on
awarded to
were
—
Bosworth
&
Northampton Local School District
(P. O. R. D. No. 2 Box 368, *
Cuyahoga Falls), Ohio
bonds will be sold to the highest
the number of bonds bid for and
the
amount of bid and
gross
crued interest to date of
These
the
Bond
bonds
authorized
were
The
of
Cincinnati,
under
the
Sanders
&
Clerk of the Board of Educa¬
sen,
tion, will receive sealed bids
til
Feb.
15
$6,000
3%
which
all
15
were
bids
payable
a
printing
pur¬
Bonds Not
to
bonds.
the Board
■
•;•//'
of
,
•
the
received
•>
.;
Township Local Sch. Dist.
O. Mentor), Ohio
Bond Sale—The $626,000 build¬
ing bonds offered Jan. 20—v. 169,
awarded
to
of
for
Jan.
on
Sold
The
—
district
Township Local Sch. Dist.
(P. O. Asheville), Ohio
Bond
000
Sale
Details—The
construction
Field,
Richards & Co., and Hayden, Mil-
$225,equipment
and
Dec.
31
to
J.
A.
Cincinnati, as pre¬
viously noted in v. 169, p. 155—
were
sold as 2V2s, at a price of
102.36, a basis of about 2.27%.
En¬
(P.
55—were
bonds
Walnut
from
1, 1949 and due
1950
to
1973
on
July
inclusive.
Willoughby Village School
District, Ohio
Educa-
] ■/
line
on
Jan. 15—v. 169, p. 55. A new
offering will be made on Feb. 15.
certified check for $1,500,
tion.
Mentor
shall pay
the
un¬
purchase
rejected the bids submitted for the
$6,000 3% water line bonds offered
1
of
the
water
Dated Jan.
cost
for
rejected.
the award
made
price of
a
Osgood Local School District, Ohio
Bond Offering—Linus A. Dirk-
chaser's expense. Bidder to whom
is
12
& Co., for 23/4s, at a price of 100.65.
been- bonds awarded
supervision of White & Co., of
be obtained at the
may
2%s, at
as
have
bonds
Jan.
100.65, a basis of about 2.67%,
Dated Jan. 1, 1949.
Due on Jan.
1 from 1953 to 1966 inclusive. The
second highest bidder was Pohl
at
election on Nov, 2,
proceedings for the is¬
said
$50,000 im¬
offered
ac¬
delivery.
Dempsey, of
Cleveland, whose approving opin¬
p.
The
—
bonds
169, p. 55—were awarded to
Weil, Roth & Irving Co. of
the
general
1948.
ion
Sale
provement
—v.
The
bidder at not less than par and^ ac¬
crued interest. All bids must state
close
Township Local School
(P. O. Grove City),
Dec.
on
State
unlimited
bonds have been
the
Act
adopted
2.06%_^Dated Jan. 1, 1949. Due on
District
Bond
bonds will be
Dec. 1, from 1950 to 1969 inclusive.
Franklin
multiple of J/4 of 1%.
authority of the
resolution of the Board of Edu¬
Squire,
ing Co., of Cincinnati, as previous¬
Ohio
ly noted in v. 168, p. 2594, were
Bond Sale Details—The $280,sold as 2V2S, at a price of 102.41, a
Squire, Sanders
of basis of about 2.28%. Second high¬ 000 building bonds awarded to
Cleveland, whose approving opin¬ est bidder was Field, Richards & Fahey, Clark & Co., of Cleveland,
ion may be obtained by the pur¬ Co., for 2V2s, at a price of 101.79.
as previously noted in v.
169, p. 55
suance
a
taken
(P. O. Forest), Ohio
n.
a
Uniform
suance
a
for, payable to the
—
Offering
noon
Lodi
Euclid, Ohio
Sale
Sch.
Ohio
■,
cation,
The
Bond
Blanchard Local
Bond
Clerk of the Board of Edu¬
man,
2, 1948.)
//
Mt.
'*
•
School
District, Ohio
Bond Offering—C. H. Leather-
cation
general
1947. Enclose
authorized at
1949 to 1968 inclusive.
basis of about 1.82%. Dated Feb
the general election held on Nov.
Due $34,000 June and
15, 1950 to 1966, and $35,000
and Dec. 15, 1967 to 1971.
were
purchased
Braun,
Co., Inc., and Ryan,
Sutherland & Co., both of Toledo,
1, 1949. Due on Oct. 1, from 1950
jointly, as 2y2s, at a price of 101,to
1974
inclusive.
The
seconc
353, a basis of about 2.31%. The
highest bidder was Halsey, Stuart bonds are dated
Jan. 1, 1949 and
& Co., and First Cleveland
Corp
mature on May 1 and Nov. 1 from
Cleveland, jointly, for 2s, at
1950 to 1964 inclusive.
Co., Inc.,
and under and in accordance with
(These bonds
Feb. 2 for the purchase
of
the
$1,500, payable to the Board of
Ohio
Details—The $75,000
plant improve¬
power
mortgage revenue
by
Nelson,
Browning & Co., as 3y4s, at a price
of 96.50, as
previously noted in v.
169, p. 155, are due on Oct. 1 from.
Donds
-
Sale—The $400,000 build
and improvement bonds of¬
fered Jan, 17—v. 169, p. 155—were
Education.
check
Sale
ment,'second
Lakewood, Ohio
Bond
ing
will receive sealed bids until noon
for
2.28%.
1, 1949. Due on Nov.*
1950 to 1969 inclusive.
to the Board of Education.
successful
cer¬
Cleveland,
price of
Dated March 1, 1949.
Denomina¬
tions $1,000 and $500.
Due Nov.
Issued under the
a
a
about
Montpelier,
Clerk
the bonds authorized
are
terest in
Enclose
of
Jan.
Bond
different rate of interest
a
cation.
bidder.
of
at
53
.
tees, will receive sealed bids
the expense of the Board of Edu¬
certified
basis
a
municipal
Bidders may bid for a dif¬
rate of interest in a mul¬
ferent
Bond Offering-/Leona M. Hess,
Clerk of the Board of Education,
a
both
2y2s,
as
from
Due $2,000 Dec. 1, 1950 to
(EST) on Feb. 16 for
tiple oi y4 of 1%. Interest A-O. the purchase of $150,000 3% build¬
The proceedings for the issuance
ing and equipment bonds. Dated
of said bonds have been taken un¬ Jan.
1, 1949. >• Interest A-O.
De¬
der
the
supervision of Squire, nomination $1,000. Due Oct.
1, as
Sanders & Dempsey, of Cleveland, follows:
$8,000 in 1950 to 1959, and
whose approving opinion and the
$7,000 in 1960 to 1969.
Bidders
printed bonds will be furnished at may bid for a different rate of in¬
Enclose
Co.,
Dated
1
sealed
printed bonds will be, furnished
promptly.
Bond attorney's opin¬
ion at option and expense of the
.
1
Qlerk
Township
?
Clerk
and Dec.
clusive.
bonds have been taken under the
These
thorized
Local School District
(P. O. 19S9 Grafton Road,
Elyria), Ohio
bid
Bidders
Farmers'
Canfield,
East Carlisle
1, 1949
&
er
jointly,
102.07,
R.
ledo.
000 June and Dec. 15,1960 to 1963,
to
June 1
on
Ryan,
000
different
the
Feb. 1 from
Nov. 2, 1948.
The proceedings
authorizing the issuance of these
fp a multiple of Va of \%. Prin¬
cipal ' and interest (J-D) payable
at
on
1951 to 1970 inclusive.
.
$2,000 Dec. 15, 1959, $1,-
Due
1, 1949.
Dated
in 1950 to 1955, and
1, 1949. De¬
Due Dec. 1, as
$500.
$1,500 in 1956.
a :
Dec. 15, .1955 to 1958, $1,000
June and
2.71%.
authorized at the general election
Jan.
follows: $1,000
for
and
about
of
1955, $7,000 in 1956, $6,000
in 1957 and 1958, $7,000 in 1959,
$6,000 in 1960 and 1961, $7,000 in
Dated
bonds.
nomination
$1,000.
Due $1,000 June and Dec.
15, 1950 to 1953, $1,000 June and
$2,000 Dec. 15, 1954, $1,000 June
Feb.
Jan.
Township (P. O. Clinton,
D. No. 1), Ohio
Bond Offering — Merle R.
-
Stump,
for
one
Nov. 1, 19,50, $5,000 May and Nov.
of
dated
are
Franklin
Dated Jan.
$1,000,
2y4s, at a price of
basis of about 2.18%.
a
bonds
as
from 1950 to 1970 inclusive.
in¬
Interest M-N.
Denomination
100.636,
The
(425)
sold
noon
not to exceed 4%
building bonds.
15, 1949.
Rate
Bond Offering—Howard Frazee,
Clerk
$2,000 in 1956 to 1963.
of
1951 to 1954 and $5,000 May
and $6,000 Nov. 1, 1955 to 1959.
'
Dated
Board
1,
County (P. O. Georgetown), Ohio
/
follows: $2,000
as
and mature
of $104,500
berg, Secretary of the Board of
Education, will receive sealed bids
until 7:30 p.m. (CST) on Jan. 28
for the
Offering—W. A. Thomas,
of the
(EST) on Feb. 3 for the purchase
(P. O. Poplar Grove), Ohio
Bond
CHRONICLE
Township Local Sch. Dist.
R. R. 11, Box 148,
Cincinnati), Ohio
Bond
District
School
FINANCIAL
(P. O.
t
County Community Consol¬
idated
&
—were
the above
to
$2,000 Dec. 1, 1951 to 1965. '
in 1951 to
Colerain
Clerk
Jan. 25 for the
on
COMMERCIAL
THE
Number 4771
Bond
Sale—The
$40,000 joint
junior high school bonds offered
Jan.
17—v.
awarded
169,
p.
55—were
to
Ryan, Sutherland &
Co., of Toledo, as 21/4s, at a price
of
100.94,
a
Dated Jan.
1,
from
basis of about 2.08%.
1, 1949.
1950
to
Due
1959
on
Nov.
inclusive.
54
The
COMMERCIAL
THE
(426)
bidder
highest
second
Guthrie School District, Okla. VSale—The $214,000 school
was
First Cleveland
Corp.,- Cleveland,
price of 101.15.
>
»
-
FINANCIAL
Medford,
m
CHRONICLE
of
Ore.
Bond Offering—J. R.
>
Bond
■i
&
if
Woodford,
City Recorder, will receive sealed
thorizing
National
Bank & Trust Co.; and C. Edgar
(P. O. Willoughby), Ohio
Honnold, both of Oklahoma City,
Bond Sale—The $695,000 bonds
jointly, as - previously noted in
offered Jan. 17—v. 169, p. 55—
v.
169, p. 455—were sold at a
were
awarded to Seasongood &
price of par, a net interest cost of
Mayer, of Cincinnati, as follows:
bids until 7:30 p.m. (PST) on Feb.
1 for the purchase of $75,000 not
have
by
purchased
Willoughby Twp. Local Sch. Dist.
about 2.29%,
$655,000 junior high
struction bonds,
price of 101.60,
about 2.34%.
school con¬
as 2%s, at a
a
basis of
Due
40,000
40,000 junior high school equip¬
ment bonds, as 2V4S, at a price
of
100.60,
basis
a
Due
of
2V4S.
50,000
about
2V2S.
64,000
Offering—Angeline Mos-
2V4s.
Bond
bonds
for
authorized
were
election
general
1948.
Enclose
on
tli,
of Education,
certified
a
'
'
'
—
The
$130,000 stadium construction
bonds, scheduled for Jan. 29, has
been cancelled.
Zanesville City Sch. Dist.,
Offering
Ohio
Charles
—
M.
Bartley, Clerk of the Board of
Education, will receive sealed bids
until noon (EST) on Feb. 11 for
the "purchase
of $2,775,000 3%
building (bonds.
Dated March 1,
Denomination
$1,000.
1,
multiple of
a
terest M-N.
xk of 1%.
In¬
The approving opin¬
ion of Squire. Sanders & Demp-
of Cleveland, and the printed
be furnished by the
sey,
bonds will
Board at its expense.
the
These
bonds authorized
eral election
close
a
from
$10,000
from
are
at the gen¬
Nov. 2, 1948. En¬
on
certified vchack sior $30,000,
of
1949
in
1959
or
follows:
-
-
~
If
called
of
about
dated
1.38%.
Feb.
The
thereof
15, 1949 and ma¬
not to exceed 3%)
of redemption to
(but
the
from
Feb. 15 from 1950 to 1960
on
•
•'
'•
1
'■
.
1
date
bonds called
of the
date
due
~
Bond Offering — Edgar Waites,
Secretary of the Board of School
for any one
1, 1948.
maturity and no more
three
than
3,500 streets and drains bonds. I,/ Commissioners, will receive sealed
All the' .bonds! j^eidated Nov. bids until 5 p.m. (EST) oji Feb. 8
entire
the
for
rates
issue. The City will furnish with¬
out cost the approving opinion Of
for the
purchase of $103,000 2V2%
Wood,
school,
unlimited
York
King & Dawson, of NeW
City; as well as the corcibonds;:^ Dated June 1, 1948.
De¬ pleted bonds.
Enclose a certified
No. 45
nomination $1,000. Due June 1, as or cashier's check for
$90,000, pay¬
Ramona St., Portland .6),
follows: $45,000 in 1961; $55,000 irj able to
the
Knoxville Utilities
A'i,';: Oregon
1962^ahd $3,000 ill 1963. Payable Board.
Bond Sale—The $169,000 school
in New York, general obligations.
bonds offered Jan. 14-^-v. .169,
Madison
County (P. O. ¬
Interest J-D. All coupons matur¬
155—were awarded to the United
Jackson, Tenn.
ing prior to the date of sale will be
..
«
Multnomah
in
Vjl
.
County School District
{P. O. 13316 S. E.
tax,
coupon
.
States National Bank, of Portland.
Dated
Jan.
from
1950
next
1949.
1,
Due
Jan. .1
1964 inclusive.
to
highest bidder
National
The
the First
was
Bank, Portland.
Bond
bf the
of Supervisors, will receive
bids until 6 p.m. (EST) on
for the purchase of $9,000
exceed 3% interest general
sealed
Feb.
in
Offering—Mildred A. Mai
Secretary--Treasurer
Board
1960, 1961 or 1962, iy2 %. If called
in 1963, 1964 or 1965, 1%. If called
2
not to
obligation bonds.
Jan.
to
-
Dated Jan. 15,
Denomination $1,000.
1949.
15,
.
Due
follows: $2,000 in 1950
as
1953, and ^ $1,000 in
to
of
date
auction
1
Purchasers
unqual¬
delivery.
Offering
an
at 2
issue
1954. The
Dated Feb.
approving opinion of Reed,
Hoyt & Washburn, of New York
City, and Colin S. Monteith, Jr.,
of Columbia.
A certified check,
payable to the Board, or cash for
$2,060, must accompany each bid.
Certificate
ceive
—
Treasurer,
sealed
until
bids
bid
of
1967,. and
and
1966
be
must
1%,
more
and
in
sidered
multiple of
specify
interest,
shall
of
rate
one
which, shall
a.m.
a
bid
no
than
issue; and
apply to the entire
bid will be con¬
no
for
less
all
than
of
the
other
bonds
of
things
(EST) on Feb. 8 for the purchase
of $5,000,000 state highway certifi¬
cates of• indebtedness.
in
$100,000 in 1968. All interest rates
Jeff B.
will' re-*
11
1, 1949. Denomination
Feb. 1, as follows:
Due
$200,000
(State of)
Offering
State
Feb.
on
not to ex¬
interest highway bonds.
$1,000.
.
Bates,
(CST)
p.m.
of $500,000
ceed 3%
South Carolina
August Wilde,'
—
County Judge, will sell at public
will be required to pay ac¬
crued interest from Dec. 1, 1948,
ders
ified
Dallas Township (P. O. R. D.
No. # Pallas), Pa.
jor,
Bond
detached and destroyed, and bid¬
will be furnished with the
PENNSYLVANIA
in
1966, 1967 or 1968, y2%. Notice
of redemption shall be given not
less than 30 days in advance by
publication in a financial news¬
paper or journal in New York,
and by registered mail to the
holder? of registered bonds to be
redeemed. Principal and interest
payable at the office of the Trus¬
tee in Oklahoma City, or at the
-option of the holder at -the* Manu¬
facturers
Trust Co., New York
City. Registerable .as to principal.
-
,
$5,000 water system bonis.
1964, $70,000 in
1966, $74,000 in
2%.
basis
are
1
in
in
in
Til
in
1965, $72,000 in
1967, $75,000 in 1968, and $77,000
in
1969.
Bonds
maturing from
1955 to 1969, are callable for re¬
demption in inverse order of their
serial numbers at the option of the
Board of Regents on March 1, 1951,
and on any interest payment date
thereafter, at the principal amount
plus premium equal to the follow¬
ing
percentages
of
principal
amount: If called in 1951., 1952 or
1953,-3%. If called in 19.54, 1955
or
1956, 21/2%- If called in 1957,
1958
1963," $260,000 in 1964, $270,000 in
,
Sale—The
t
$68,000
bonds, payable to the Bor¬
/
;I
:
inclusive.
Second
high
bid
of
for redemption.
Principal and in¬
$8,500 general 100.44 for 1 Vz s was made by A.
terest (F-A) .payable at the Guar¬
obligation bonds offered on Jan. Webster Dougherty & Co.;"" V:"
f
'i'.lj i\K';
anty Trust Co., New York City.
18—v. 169; p. 251—were awarded
Registerable as to principal only.
SOUTH CAROLINA
to
the First -National Bank of
Bidders shall name a rate or rates
Portland, as 3%s, at a price of
Richland County School District
of interest in a multiple of y4 Of
100.15, a (basis of about ;;.71%, as
No. 1 (P. O. Columbia), S. C.
1 % with no more than one rate
$1,000. Due March 1, as fol¬
lows: $45 000 in 1950, $46,000 in
1963,
1959, $235,000 in 1960, $240,000 in
1961, $245,000 in 1962, $255,000 i'n
Moro, Ore.
tion
1951, $47,000 in 1952, $49,000
1953, $50,000 in 1954, $52,000
1955, $53,000 in 1956, $55,000
1957, $57,000 in 1958, $58,000
1959, $60,000 in I960, $62,000
1961, $64,000 in 1962, $66,000
$25,000 in 1956 to 1958, $225,000 in
1965, $275,000 in 1966, $285,000 in
1967, $290,000 in 1968, and $305,000
Township School District in
1969.
Bonds maturing in 1955
(p. o. Paoii), Pa.
to 1969, shall be redeemable :in
Bond
Sale—The
$89,000 gen¬
whole or in part at the
City's
eral obligation improvement
option in inverse numerical order
bonds offered Jan. 17—v. 169, p.
on Feb. 1, 1954, or on any interest
155—were
awarded to
Schmidt,
payment date thereafter, at par
Poole & Co., and Aspen, Robinson
and accrued interest to date of
& Co., both of Philadelphia, joint¬
redemption, plus a premium of 14
ly, as lV2s, at a price of 100.68, a
of 1% for each year, or fraction
bonds
ture
Bond
bonds.
coupon
a
treasurer's
or
Williston
certified
a
of
series A-1949, coupon bond?.
Denomination $1,000.
Due Feb.
as follows: $10,000 in 1952 to 1955,
of the face amount
ough Treasurer,
of $3,000,000 not to
electric rev¬
5%' interest
enue,
the
1949. Denomina¬
1,
check for 2%
of the
payable to the
$1,500,
cashier's
certified,
exceed
the
issuance
thereof
approved by the De¬
been
partment of Internal Affairs
the
Commonwealth.
Enclose
storm
City,
of the Board of
receive sealed bids
March
for
check
(CST) on Feb. 9 for
purchase of $1,200,000 stadium
Dated
Enclose
Portland.
inclusive.
a.m.
revenue
Due
1950 to
1964, and $65,000 May and $70,000
Nov. 1, 1965 to 1969.
Bidders may
bid for a different rate of interest
$70,000 May and Nov.
in
Due
1972
Secretary
the
2,
check
1
;
Bond Offering Cancelled
1949.
$10,000
Offering—Emil R. Kraet-
until 11
at
Nov.
$1,000, payable to the Board
Bond
to
Regents, will
(EST) on Jan. 29 for the
purchase of $130,000 3% stadium
construction bonds.
Dated Feb. 1,
1949.
Denomination $1,085, one
for $885.
Due Sept. 1, as follows:
$5,425 in 1950 to 1972, and $5,225
in
1973.
Principal and interest
(M-S) payable at the Community
Savings Bank, Yorkville. Bidders
may bid for a different rate of
interest in a multiple of Va of 1%.
noon
the
Due
University of Oklahoma (P. O.
Norman), Okla.
Dist., Ohio
kel, Clerk of the Board of Educa¬
tion, will receive sealed bids until
These
from
1, 1949.
Yorkville Local Sch.
Bond
$10,000
1962 to 1966 inclusive.
on
1967
Dated Jan.
Due
1958 to 1961 inclusive.
Nov. 1 from
1950 to 1959 inclusive.
2.14%,
Due $10,000 from 1955
to 1957 inclusive.
from 1950 to 1969 inclusive.
interest
4%
series B bonds. Dated Jan.
1, 1949. Denomination $1,000. Due
Jan. 1, as follows: $3,000 in 1951
to 1958, $4,000 in 1959 to 1967, and
$5,000 in 1968 to 1970.
Principal
and interest (J-J) payable at the
City Treasurer's office. Each bid
shall be accompanied by a tabula¬
tion of the bidder showing cost of
money to the City under the bid.
The bonds will be sold subject to
the approving opinion of Winfree,
McCulloch, Shuler & Sayre, of
from
$10,000
Due
exceed
sewer,
1952 to 1954 inclusive.
30,000 2s.
Nov. 1
on
to
follows: v
as
2V4S.
$30,000
First
the
the purchase
charge to the purchaser, only
after the proceedings au^-
and
building and repair of 1949 bonds
for 2^s, at a
Monday, January 24, 1949
being
equal,
preference
given to the bid of par and
will be
Dated Feb.
said
issue.
All
accrued interest, or better, which
15,
1949.
Denomination
$1;Q00.
on Jan. 15
specifies, the lowest coupon ihDue Feb. 15, as follows: $50,000 in
lerestyate. Principal and interest
July 15/of any year after
1951 and 1952, $200,000 in 1953
Jan. US, 1050,; Rate qf.interest (.to(F-A) payable at the 'Chemical
and 1954, $300,000 in 1955 to 1957;
be in# multiple of
of T%. In¬
Bank & Tii it #0., New-Yoric <City,
terest J-J.
No bid, combining two $2,000,000 in 1958, and $1,600,000
The approving opinion of Chap¬
In 1959.
Bidders are invited to
bonds will be callable
and
different rates wijl be .considered
man & Cutler, .of Chicago, wtooh
name the rate - .pf interest which
bonds will: be-aold 4o r tbei
toe•: certificates are*to. bear in a opinion Will be -.urnished to the
highest responsible JWdder pro¬
Bids should consist of an offer to
mqltiple nt 34 ox 1/10 ni !•%, land aue^sfqll; hWte aX the expense
vided such bid i§ not less ten par
purchase all of the bonds .at not
must; be the same tor all of the of the County. The
purchaser
OKLAHOMA
:
and,accrued interest.Registeredin
less than par and accrued interest
certificates hid for. Principal and tell
furnish the printed bonds M
the name of the holders as to prin-{
Bethany School District, Ohio. '< at a single interest rate expressed
: the
Btatej his own expense. A Certified check
Enclose a eertifiedf
M Offering—Merlin C. Mar¬ in a multiple of % or 1/10 of 1%, dpal only.
payable to the Board of Education.
■////!;..
/:
-v
■
,
i
The
.
tin, Clerk of the Board of Educa¬ and expressed also An terms of
tion, will receive sealed bids until total interest cost to the Board of
7:30 p.m. (CST) pn Jan. 27 tor the Regents, assuming payment of all
purchase of $38,000 not to exceed bonds at maturity. >
,
; ; ;
,
5% interest site acquisition, build¬
Approving opinion of Chapman
ing and equipment bonds.
Due & Cutler, of Chicago,; and ap¬
$5,000 in 1952 -to 1958, and $3,000 proval of the Attorney General of
in
1959.
The bonds will be sold
the State will be furnished with¬
to the bidder offering
out
rate
the bonds. The Board of
the lowest
and agreeing to
of interest
expense
will
to
the purchaser of
Regents
furnish
all
the election held on Dec. 14, 1948.
Each bidder shall submit with his
9
sum
in cash
or
its equiva¬
/
pital
construction
Jan. 18
were
bonds
No.
Securities Co. of Kansas, of Wich¬
ita,
City National Bank & Trust
Co.
and the Commerce Trust Co.,
both of Kansas City, jointly.
24 for the
n.m.
(CST)
$16,000
36,300
$1,000 in 1952 to 1963.
Due
The bonds
ing the lowest rate of interest and
aggreeing to
interest.
r>~" oar
and accrued
Each bidder shall submit
with his bid
equivalent
a
sum
1
in cash
to
2%
amount of his bid.
or
of
its
the
18
—
school
v.
169,
Due
to
3V4s.
on
March
on
March
1962 inclusive.
Due
1954
to
March
1,
1953 inclusive.
1
1, 1949.
interest.
-
-
-
•
Clatskanie),
v
$255,000
school bonds purchased by a syn¬
dicate headed
Portland,
v.
169.
price of
by Blyth & Co., of
for
$129,000 3%s,
a
Pa.
Bond Sale Details—The $37,000
at
a
price of 100.46, as previously
in v. 168, p. .2059—are due
noted
on
Dec.
2, from 1952 to 1957 in¬
clusive..
.
...V
'.
•
••
•
,
obligation bonds offered Jan. 12—
v.
169, p. 155—were awarded to
the
Allison-Williams
Co.,
of,
Minneapolis,
par.
3V4S, and
previously noted
155—were sold at
$126,000
as
p.
par.
as
l8/4s, at
garbage
price of
Bprt bonds.
1
follows:
disposal facilities
improvement
V.
a
000 in 1056-to 1969.
200,000 Improvement bonds. Due
$10,000 March 1, 1950 to 1909/
535,000
Memphis
Harbor. and
Sale consisted of:
$5,000
:
■
bonds.
to
1950
from
Due
1966,
on
1954 in¬
clusive.
1979.
400,000
1,
"
Bend
Offering
Borough
—
H.
B.
will
Secretary,
creed,
receive
realed bids until 8 p.m. (EST) on
Feb. 2 for the purchase of $80,000
pon
Dated
bonds.
Feb.
1,
cou¬
1949.
Denomination $1,000.
Due $8,000
Feb.
Ore.
Bond Sale Details—The
in
v
Aug. 12,
\
•
improvement and equipment
Columbia County Union High
School District No. S (P. O.
shall be sold to the bidder offer¬
$300.00D":improyern«nt bonds. Due
$10,000 March. 1,1950 ,to 197^.
1,346,000 " S t r e e t Improvement
SOUTH OAKOTA1
and Grade Separation bondS.
•
j
Due March 1, as^ohows: $68,Chamberlain, S. Dak#.
■ t
.000* in 1950 to 1065, and $67,Bond :&ale~-The $22,000 general
Jan.
1950
from
purchase of $12,000 fire
truck and eaujpment bonds.
Jan.
3y2s.
Dated
Jan.
the'.County
of Treasurer,'is required.
-1% of the amount bid 'for,, pay¬
ab. 1.10%, able to the State Treasurer.
Philadelphia,
Co.,
follows:
from
on
opinion
-
'
Quakertown,
.Offering — Alta Hunter,
Clerk, will receive sealed
the
'
school bonds purchased by Stroud
& Co., of Philadelphia, as 33/4S,!
Co. of Portland, at a price of par,
Bond
bids until 7:30
offered
i
251—were awarded to Blyth &
p.
Comanche, Okla.
Town
Oregon
$52,300
Sale—The
Bond
as
v.
Olyphant Schocl District,
County Cons. Sch. Dist.
17-C (P. O. Corvallis),
*
bonds
Purchasers will he- for $5,000, "payable to
with
furnished
300,000 notes to the Girard Trust
DREGON
hos¬
offered
at any State agency
or
in New York.
-
Benton
awarded to the First
pro-,
1949:*
Lawtpn), Okla.,
$659,000
Sale—The
Treasury,
-
Dated Feb. 1, 1949. Due
lent equal to 2% of the amount of
the bid.
Bond
Legal
f
r
I
Reed, Hoyt & Washburn, of Newt
y- >' .
York, - that the certificates ard >": V.4 • -^Memphis; Tenn. A >•
valid v obligations:; of < the State;
r Bond Offering -L F; T. Tobey,Such opinion to be paid for by the City- Comptroller,
will
recqivp
Delivery in Columbia sealed
$666,000 notes to the Chemical- purchaser.
bids_uqtil 2^:30 "p.m. fCST)
Bank .& Trust Co;, New York; or- New York, at the option of the on Feb. 15 for
the purchase of $4y-*
:
and Associates, at 1,12% in-' purchaser. Enclose a certified, or
cashier's or treasurer's check for 561,000-bonds, divided as follow^:.
terest.
$24,000.
Comanche County (P. O.
check for
McKeespprf Hp using A uthority, Pa.
Note Sale — The $966,000 TQth
series notes were awarded-as ToU
lows.:.. *
-
.ceedings and will pay, for the
printing of the bonds.
Enclose a
certified or cashier's check for
bid
treasurer's
:
also
par
and accrued interest.
These bonds were authorized at
or.
$1,000, payable to the Township,
,
pay
-
cashier's
f
renovation
Hall
City
17,000
v
250,000
bonds
The
are
dated
1949. The next highest
Kalman
&
Jan..,, 15,
bidder
Co., for 2s, at
a
name
1950
to
1959.
tiples of
received
% of 1%.'
for
the
entire,
end.
favorable
Elliott
&
ooinicn of TownsMunson.
of Phila¬
delphia, and will be delivered free
John
\
"Bond
son,
Board,
will
until 10
a.m.
of
receive
the
1,
fol¬
as
John
Gaston
Maternity
Ward bonds. Due March
JKnoxville, Tenn.
Chairman
Hospital
March
$10,000 in 1950 to 1969,
$5,000 in 1970 to 1979.
I
640,000
Offering—Jo' H.
Gaston
Due
follows:
issue.
These bonds -are issued subject to
the
and
TENNESSEE
Bids will be
1950
lows:
price
of 100.33.
the rate of interest in mul¬
follows: "$14,000 in
bonds.
was
Bidders to
1,
.
1959, and $13,000 in 1960 to
1979.
•
' /•/--•'" vr >
1956 inclusive.
to
as
and $15,000 In:11967 to
/
^
;
M
< ;
Park bonds. Due. March
to
1 from 1950
Due Jan.
bonds.
Due Mafdh 1, as
in 1050 to
$20,000
v
Ander¬
Utilities
sealed
•
$25,000
and
1979.
.
/
$20,000
in
1,
1950
in
as
to
1958 to
■:
■.
300,000 Memphis Municipal Air^
port
bids
(EST) on Feb. 15 for
1957,
-
-
bonds.
Due
March 1, 1950 to 1979..
$10,000
:
I
;
-
COMMERCIAL
THE
Number 4771
169
Volume
(427)
CHRONICLE
FINANCIAL
&
000. Due $25,000
Securities Corp., Goldman, Sachs
designated by the Dewar, Robertson & Pancoast, of
& Co., Merrill Lynch, Pierce, Fena
certified or San Antonio, at a price of par, as
ner
& Beane, Estabrook & Co.,
cashier's check for 2% of the face follows:
R.
W.
Pressprich & Co., Hallvalue of the bonds bid for, payable $150,000 2%s. Due on Feb. 15, from
1969, and $19,000 in 1970 to
garten & Co.. Eastman, Dillon &
1950 to 1959, incl.
to the city.
'
-1979.
Co., White, Weld & Co., Otis &
250,000 31/4S. Due on Feb. 15, from
Eagle Pass, Texas
Dated March 1, 1949.
Denomi¬
Co., Gregory & Son, Geo. B. Gib1960 to 1969, incl.
Bonds Sold—An issue of $420,bonds & Co., Inc., R. S. Dickson
nation $1,000.
Principal and in¬
Dated Nov. 15, 1948. Denomina¬
& Co., all of New York, Stroud &
terest
payable
at
the: Union 000 4% water works system reve¬
tion $1,000. Principal and interest
Planters National Bank & Trust nue bonds has been sold to Dewar,
Co., of Philadelphia, Milwaukee
&
Pancoast, and (F-A) payable at the First State Co., of Milwaukee, Piper, Jaffray
Co., Memphis, or at the Chemical Robertson
Bank, Uvalde. Legality approved &
Bank & Trust Co., New York City. Rauscher, Pierce & Co., both of
Hopwood, of Minneapolis, Detby Chapman & Cutler, of Chicago. mer
&
•Bidders shall name the rate of in¬ San Antonio, jointly, at. a price of
Co., of Chicago, F. S.
par.
Smithers &
terest in a multiple of 1/10 or Va
Co., of New York,
UTAH
of 1%.
George K. Baum & Co., Barret,
Houston Indep. Sch. Dist., Texas
Fitch
&
The unqualified approving opin¬
Co.,
of Kansas City,
Salt Lake City Sch. Dist., Utah
Bond Offering — H. L. Mills,
ion of Wood, King & Dawson, of Business
Bond
Sale —The
$2,600,000 Jones B. Shannon & Co., of De¬
Manager,
will receive
■New York City, will be furnished
troit, E. M. Newton & Co., of
sealed bids until 11 a.m. (CST) on building bonds offered on Jan. 18
by the City without cost to the Feb. 11 for the purchase of $9,- —v. 169, p. 156—were awarded to Boston, and Badgley, Frederick,
purchaser.
Enclose
a
certified 196,000 not to exceed 3% interest the National City Bank of New Rogers & Morford, of Seattle, as
•check for 2% of the amount of school
bonds.
Dated March
10, York, and the Walker Bank & 2V4S, at a price of 94.87, a basis of
the bonds bid for, payable to the
1949.
Denomination $1,000.
Due Trust Co. of Salt Lake City, joint¬ about 2.546^.
at
5590,000
Department of Public
Safety bonds. Due March 1,
as follows: $20,000
in 1950 to
'
City.
I.
'
•';•
•
;y
■
;
,
: :
•
10, as follows: $384,000 in
1955 to 1958, and $383,000 in 1959
Sparta, Tenn.
Bond Sale Details—The $100,000
street
of
right
bridge
and
bonds
of 100.01
Bidders
Houston.
net interest cost of about 3.31%, as
000
1,
2V2s, $200,-
IVas, or a
$2,200,000
1.279%,
about
of
cost
bid
high
Second
for $200,000
and
2s,
net
1949 and
from 1950 to
1
Feb.
on
inclusive.
1961
The
1.246%.
dated Feb.
are
National Bank,
are invited to
name the rate or rates of interest
which the bonds are to bear (but
not to submit more than three dif¬
ferent interest rates, and do not
First
the
at
or
price of 100.023,
a
about
of
basis
mature
reflecting a
bid
a
on
a
iy4s, at
as
J) payable at the Central Hanover
Bank & Trust Co., New York City,
way
purchased by the Temple
Securities Corp., of Nashville, and
associates,
ly,
Principal and interest (J-
to 1978.
bonds
was
syndicate composed of
Kidder, Peabody & Co., Laidlaw
& Co., George B. Gibbons & Co.,
lows:
'■ V;Av/.'
/■/!'•/■•:'.'
split interest rate on single year's Inc., J. C. Bradford & Co., Demp$40,000 3V2s. Due on Sept. 1 from
maturity), and the amount of pre¬ sey & Co., and Reinholdt & Gard1951 to 1967 inclusive.;
mium, if any, which such bidder
-fterT3~ •v;r
60,000 3V4S. Due on Sept. 1 from will
pay
addition -to par fer %he
1968 to 1971 inclusive. V
WASHINGTON
bonds, and award, if made, will be
:
•■■■'.
>'•>"
: -/V^
made to
the bidder offering to
Aberdeen, Wash.
TEXAS
purchase the bonds at the lowest
Bond Offering — Victor Lind■.
////>•''
/ v-,:. v/...'";' '/ ''X//"/
interest cost to the District, at a
berg,
City
Clerk,
will receive
Bridge City Indep. Sch. Dist.,
price of not less than par and ac¬ sealed bids until 7:30 p.m. (PST)
Texas "
crued interest to the date of deliv¬ on Jan. 26 for the
Bond Sale Details—The $140,000
purchase of
school house bonds purchased by ery., These bonds are the balance $465,000 not to exceed 3% interest
of an issue of $25,000,000, author¬
B. V. Christie & Co.; of Houston,
previously noted in v. 168, p. 2171,
were sold at a price of par, as fol¬
made by a
_
..
■'
■
..
,v
ized
168, p.
follows:
previously noted in v.
as
2488,
sold as
were
f.o.b.
on Dec.
10,
j from 1949 to 1958 inclusive.
Due
3V4S.
$45,000
1959 to 1974 inclusive. :
,
All the bonds
dated Dec. 10,
are
,1948.
Dallas
Texas
Mayor and
will receive sealed
bids"* until
1:45
p.m.
(CST) " on
TVb. 1 for the purchase of $3,900,000
general
obligation
coupon
bonds, divided as follows:
fNhy
thorized
■
on
bonds
These
1969.
Nov. 20, 1948.
Jacksonville, Texas
— The
$90,000 water
Bonds Sold
and
price of par. Dated Dec. 15, 1948.
Legality approved by Dumas, Hu-
guenin & Boothman, of Dallas.
election held
Nov. 20, 1948.
on
on
Jan. 1
construction
road
Street
Opening
and
•Widening,
Series
No.
260
bonds.
Due $32,000 Feb.
1,
1950
to
1969. /These
bonds
640,000
100.00,
These
at
Nov.
2, 1948.
check
the
amount
in
Due
and
1950
above
any,
the bonds at
bonds were author¬
general election on
Enclose a certified
cash
or
which the
at
interest
of
ized
2Y4S.
$150,000
premium, if
bidder will purchase
follows:
as
bonds must
for the
Bids
specify: (a) the lowest rate of in¬
par.
bid
5%
for
each
of
of
the
issue,
authorized
were
tion held
elec¬
the
at
Dec. 28,
on
460,000 Street Paving, Series No.
261 bonds.
Due $23,000 Feb.
1, 1950 to 1969. These
/were authorized at the
-
tion held
on
Nov.
20,
elec¬
These
bonds
were
par,
.
,
/
thorized
-
.
au-
on
Perryton, Texas
Bond Sale Details—The $275,000
water
works
and
sewer
revenue
Dec. 8, 1945.
bonds purchased by the Central
Denomina¬ Investment Co. of Texas, of Dal¬
tion $1,000. Principal and interest
las, as previously noted in v. 169,
payable at the Mercantile Nationa" p. 156, were sold at par, as follows:
Bank, Dallas, or at the option of
$58,000 3s. Due on Oct. 1 from 1949
the holder, at the Chase Nationa
to 1958 inclusive.
Bank, New York City. Register111,000 3M>s. Due on Oct. 1 from
able as to principal only. Bidders
Dated
.
election held
the
at
are
Feb.
invited to
1, 1949.
the rate of in¬
name
terest the bonds are to bear. Split
interest rate bids will be eligible,
and; rates
will
be
accepted
in
1959 to
The
tor.
city
may
refuse to consider
a
at
its
1970 inclusive.
106,000 3Y4S. Due on Oct. 1 from
1971 to 1978 inclusive.
a
1948. Interest A-O.
Throckmorton
Throckmorton),
Sold—An
Bonds
000
issue
National
First
Throckmorton,
of $100,-
Bank
of
Be
made
to
the
successful
bidder
No.
Uvalde
County
Uvalde),
Bonds
000
road
on
Jan. 26.
County School District
149 (P. O. Friday
Harbor), Wash.
Offering—Albert
Bond
Cott,
sealed
<
B.
bids
until
10
a.m.
on Jan. 24 for the purchase
$64,300 not to exceed 5% inter¬
est school
tified check for 5% of the
of the bid.
/ /
'
/■
:
amount
'
Vancouver, Wash.
Bond Sale—The $450,000 sewer
19
Jan.
of
Seattle,
'y/X*VyC Due on
4s.
and 1952.
to
Due on
,
Due
bonds
*.'>■
,
•
dated
•
•
Feb.
.
:
.
,
1,
The bonds will
bonds.
annual amounts.
The bonds
are
subject to the option of re¬
demption at any time after two
years from the date of their issu¬
of any or all of the bonds
and accrued interest.
at
Bidders
price
pur¬
chased and the rate of interest to
Enclose
a
certified check
for 5% of the amount bid.
County
156—were
p.
(P.
bonds
to
Texas
Sold—An issue
of $400,-
has been
sold
revenue
to
a
169,
p.
bonds
offered
Jan.
156—were awarded
syndicate composed of Messrs.
Stuart & Co., Lehman
Halsey.
Bros., Phelps, Fenn & Co., Union
from
1 from
Due on Jan.
1964 inclusive;
1949.
V,".'.
•/.
100.00.
Crosse
La
County
Crosse), Wis.
<
Sale—The $200,000 county
.
p.
20—
to
a
price of 100.43, a basis
156—were awarded
Harriman Ripley & Co., Inc.,
169,
IV4S, at
about
of
1949.
1959
to
1.17%.
Due
on
July
inclusive.
Jan.
Dated
syndicate composed of the D6-
as
;
all of Toronto, and
•
Houston, Wil-
loughby & Co., of Regina, is pub¬
offering
$4,000,000
deben¬
/
$1,800,000 3Va%
refunding and
improvement debentures. Due
on
'
Jan.
3
from
1950
to
1959
inclusive.
2,200,000 3%%
refunding and
and improvement sinking
Due Jan. 3.
fund debentures.
Callable
1961.
.not
in
part
as a
on
whole but
any
interest
payment date at par and ac¬
crued interest on 30 days' no¬
tice on or after Jan. 3, 1959.
*
Wis.
Bond Offering—Frank J. Beck¬
Racine,
Corp.,. Wood,
Gundy & Co., A. E. Ames & Co.,
1,
1, from 1950
The
second
/
Securities
minion
highest bidder was the First Na¬
tional Bank, Chicago, for UAs, at
price of 100.39.
of)
Offered—
Publicly
tures, divided as follows:
O.
building bonds offered Jan.
v.
A
licly
(P.
La
Bond
Saskatchewan (Province
Debentures
as
Due on April 1, in
1950 and 1951.
The second high¬
est
bidder
was
Paine, Webber,
Jackson & Curtis, as Is, at a price
of
SASKATCHEWAN
Dated
17—v.
O.
to
Dated Jan. 1,
awarded to Robert
W. Baird & Co. of Milwaukee,
a
Seattle, Wash.
Bond Sale—The $9,000,000 mu¬
nicipal light- and power, series
Due on Jan. 1
1954 inclusive.
to
in¬
net
follows:
—
to
be sold
as
Montreal,
a
30,000 3%s„
1955
Lac
99.129,
cost/of 3.42%,
$80,000 3s.
(P. O.
Fond du Lac), Wis.
Bond Sale
The $100,000 non¬
taxable
highway
improvement
bonds offered Jan.
15 — v. 169,
du
of
price
a
terest
1950
WISCONSIN
Fond
of $110,-
Sold—An issue
Bonds
L. G. Beaubien & Co., of
at
;;
are
QUEBEC
St. David School Commission, Que.
000 school bonds has been sold to
Feb. 1, 1958
on
1959.
and
•
inclusive.
1957
109,000 l3/4s.
:
1, 1951
„'/"
Feb. 1 from
Feb.
y
250,000 IY2S.
1953
CANADA
bid reflecting a
1.693%,
a
cost of about
follows:
$91,000
of Commerce
Bank
on
and
Milwaukee,
of
Co.
National
net interest
as
WYOMING
Fremont
County School District,
No. 32 (P. O. Pavillion), Wyo.
offered on
Bond Offering Postponed—Sale
v.
156 — were of the $59,800 4% building bonds,
to a group, composed of
originally scheduled for Feb. 4,
& Stein of Seattle, Mil¬
has been postponed to Feb. 11. /
—
waukee
the
Company.y'"fy
bonds
169, p.
improvement
multiples of $100 with no
bond in excess of $1,000 and shall
become due and payable in equal
par
.
all bids. Principal and in¬ 15, 1949 and mature on March 15
(J-J) payable at the office from 1950 to 1958 inclusive. Sec¬
agent of the State in ond high bid of 100.028 for 1.35s
New York City, or at the County was made
by Braun, Monroe &
Treasurer's office. Enclose a cer¬
in
be
bonds.
1948.
awarded to the Continen¬
—were
Is, at a price of 100.11, a basis of
Van about 0.90%. The bonds are dated
(PST)
of
Sept. 1,
series, voting machine bonds of¬
fered on Jan. 18—v. 168, p. 2596
Treasurer, will re¬ April 1, 1949.
County
ceive
LL-3
the prescribed form. The bonds
be printed at the expense of
the city.
Delivery of the bonds
Dated
as
of Dallas.
will
bidder, wil
Juan
the bonds
shall submit bids stating the
at which the bonds will be
O.
on
at the expense of the
San
hospital bonds has been sold ^be paid.
the
to
(P.
Texas
County
21/2S and 3s, at
a price of par.
Legality approved
option by Dumas, Huguenin & Boothman,
bid not made
will be made
ance
Dated Oct. 1,
multiple of 1/100 of 1%. The city
will
furnish the purchaser with
the approving opinions of the At¬
torney-General of the State, anc.
Chapman & Cutler, of Chicago
Bid forms upon request will be
made available by the City Audi¬
effort to market
other
1968 inclusive.
<■
.
The $300,000
construction
addition
($375,000 bridge construction and
follows: Due from 1951 to
as
to
of the fiscal
$465,000
interest' bonds
$90,000 public safety building) of¬
fered on Jan. 5 were not sold. An¬
development
price of
Park
Island
Padre
—
3%
18,
Dec.
1948.)
Additional Sale
24
Sold—The
exceed
to
will
bids until 7:30 p.m.
or
any
The
authorized
on
bonds have been sold at a
Sewer Improve¬
ment, Series No. 262 bonds.
Due $20,000 Feb. 1,/ 1950 to
1969.
were
held
election
the
at
bonds
1948.
Storm
400,000
bonds
(These
1943.
Not
Bonds
not
Ethel Sowle,
receive sealed
(CST) on Jan.
for the purchase of $150,000 not
exceed 3% interest high school
City
,
1949.
1961 inclusive.
Clerk,
Wis.
—
purchase the bonds at par. tal Illinois National Bank & Trust
The bonds will be sold to the best Co. of Chicago, as IV4S, at a price
bidder subject to the right of the of
100.013,
a
basis \ of
about
Board of Commissioners to reject 1.247%. The bonds are dated Jan.
pay¬
.
1,100,000 2V2S. Due from 1952 to
Offering
der will
able to the City.
1951.
Tomah,
Bond
—
Bramhall
of the State, in New
at the option of the
City,
rate
payable to the City Treasurer.
at which the bidder will pur¬
(b) the lowest
rate of interest at which the bid¬
awarded
est
at the expense of the City.
The
purchaser shall furnish the print¬
Prin¬
cipal and interest (M-S) payable
at the City Treasurer's office. En¬
close a certified check for $5,000,
ed bonds at his own expense.
chase the bonds, or
York
at which such bidder will
purchase the bonds (b) the low¬
and
furnished to the successful bidder
County (P. O.
Stevenson), Wash.
Offering—John C. Wach-
fiscal agency
holder.
must
obligations of the City and are be¬
ing issued subject to the approv¬
ing opinion of Chapman & Cutler,
of Chicago, which opinion will be
par
Principal
1949.
1,
(J-J) payable at the
Treasurer's office or at the
par,
$1,250,im¬
Bonds Sold—An issue of
000
Jan.
interest
City
Bond
-
Dated
and
bid
rates
multiple of % of 1%. The
be the direct general
will
bonds
terest
1969.
terest and
(P. O. Corpus
Christi), Texas
County
Nueces
provement bonds has been sold to
to 1969. These R. K. Dunbar & Co., of San An¬
authorized at the tonio, and associates, at a price of
,-V bonds were
*
revenue
Rauscher,
of Dallas, as 3s, at a
1950
1,
Feb.
improvement
sewer
bonds have been sold to
Pierce & Co.,
■
.
bonds shall mature
City.
1954.
;
400,000 Sanitary Sewer and Sewage
Disposal Plants, Series
/ No. 259
bonds.
Due $20,000
'
years
90,000
Public Safety Building
bonds. Denomination
$1,000.
printed at the expense of
the District. Enclose a certified or f/r Due from two to five years
'.„,/
from date. The last numbered
cashier's check for $200,000, pay¬
bonds shall mature on Jan. 1,
able to the District.
held
election
the
at
au¬
were
$1,000.
20
to:
two
from date. The last numbered
The bonds will
have steel engraved borders, and
York
from
Due
opinions of
the Attorney-General of the State
and of Wood, King & Dawson, of
New
Denomination
bonds.
Houston, will be accompan¬
Construction
Bridge
$375,000
March 1, 1951 to
interest
Denomina¬
tion $500.
Due Sept. 1, "as fol¬
tei% Clerk of the Board of County lows: $3,000 in 1949 to 1954, $10,^Commissioners, will receive sealed 000 in 1955,. $15,000 in 1956 to
bids until 10 a.m. on Jan
31 for ig62 and
$jy 0(i0 'in 1963 Interest
the purchase of $24,000 not to ex- M_s , The cit
will furnish the
ceed 6% interest court house con¬ executed bonds and the
approving
struction boupon bonds. Denomi¬
opinion
of
Lines,
Spooner
&
nation $1,000. Due Jan. X-as fol¬
Quarles, of Milwaukee. Enclose a
lows: $2,000 in 1952 to l954, $1,000 certified check for
$1,000.
/ j
in 1955"to i961, $2,000 in .1962 to
(The issue was originally sched¬
1964, and $1,000 in 1965 to 1969. uled for award on Jan. 17.
The
The bonds shall be redeemable at
offering was canceled due to the
their face value at any interest
fact that the notice of sale failed
payment
date after five years to
specify the maximum rate of
from, the date of issue.
Bidders
interest.)
are required to submit a bid speci¬
fying: (a) the lowest rate of'inter¬
\ Wauwatosa, Wis.
est and premium, if any, above
Bond
Sale
The $45,000 first
bonds.
coupon
Council
$2.000,000 Water Works Improve¬
ment, Series No. 258 bonds.
Due $100,000 Feb. 1, 1950 to
5
June
on
Delivery of the bonds
All
a
Skamania
will be
:
Bond Offering—The
election held
an
by the approving
ied
Due on Dec. 10 from
' /;
95,000 3%s.
at
1947.
14,
1960.
be in
Enclose
Jan.
'■,
-■:[{
■
bank to be
a
bidder.
55
tion
Jan.
$1,000
3, 1949. Denomina¬
and
$500.
Principal
and interest (J-J) payable in To¬
City Clerk, will receive sealed
and oral bids until 2 p.m. (CST) ronto, Montreal, Saint John, Win¬
on
Feb.
3 for the purchase
of
nipeg, Regina or Vancouver. Le¬
$250,000 not to exceed 3% interest
gality approved by Daily, Thistle,
temporary
fund
bonds.
D^ted
Sept. 1, 1948.
Denomination $1,- Judson & McTaggart, of Toronto.
er,
5G
(428)
THE
COMMERCIAL
(
WO
carry
"P)ERHAPS you'll
Arc,
X_
see
portrayed on
as
Ingrid Bergman.
It's
J
thrilling episode in the world's history,
a
proving that sometimes
lead in the
a woman
must take the
fight she believes in.
Modern women, too, must
often pick
up
banners... in their struggle for the security
well-being of their family.
,,
Though earning the necessities of life is pri¬
marily
a
man's job, sometimes it takes
to insure her
the
only
sure
a woman
family's future by setting them
road to security
...
on
through ade-
*
quate, regular savings.
For the modern woman, there is one
proof method of winning her fight for savings.
It's United States
ment with
...
i
an
Savings Bonds—an invest¬
the soundest backing in the world
investment that pays
back four dol
for every three.
And there
are
too. One is the
on a
company
A-Month
whereby
two
foolproof savings plans,
Payroll Savings Plan, for
payroll. The other is the Bond-
Plan, for those not
bonds
are
on
payro
a
purchased through the
checking account.
If your home
is
your career, urge your
f : and all other working
•
to start
now—today—on the bond-saving plan
for which
If you are
firm
or
they
are
eligible.
working, sign
up
family'to do the
Soon the bonds will start
Soon you'll know that
ture which
It's
a
yourself at
bank, and influence the other
members of your
a
husband,
members of your family,
only
comes
wonderful
woman—how
piling
same.
up.
confidence in the
through saving.
feeling for
anyone.
And for
doubly wonderful!
AUTOMATIC
IS SURE
SAMXG
SAVING
U.S. SAVINGS
BONDS
Contributed by this magazine in co-operation with the
Magazine Publishers of America as a public service.
&
FINANCIAL
CHRONICLE
^Monday, January 24, 1949
@FedFRASER